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='Mon Apr 15 11:18:29 1991' SPECSAMP=307550 SEAM='CORRECTED' SEAM_AGE=1 SWINDOW=30 MINFETHR=10 MAP_PROJ='SINUSOIDAL' SEAMLOC='NO' 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=1535 REV_END=1585 TASK='SFASTMOS' USER='PMA343' DAT_TIM='Wed Aug 14 12:42:18 1991' LAT_UL=-43.90919289374743 LON_UL=214.3730396068091 LAT_LL=-44.63568747036968 LON_LL=214.3228234596901 LAT_UR=-43.90919289374743 LON_UR=215.3814438170423 LAT_LR=-44.63568747036968 LON_LR=215.343770978067 PROJ_LON=218.4101065110221 SPECLINE=-61830 PROJSAMP=4096 PIXSIZ=75 PRODUCT='F-MIDR.45S218;1' SUBFRAME=17 SUBF_ROW=3 SUBF_COL=1 SUBF_TOT=56 PRODTYPE='F-MIDR' TASK='COPY' USER='PMA343' DAT_TIM='Wed Aug 14 13:08:53 1991' IHJJPDHSUQLHMONUYTQEEBFPVUSVXVWUNVYU]`VQSZbaYYehcba^]\\X[\WQKGKSWWIHUXMIY^[UG;OPQMJV[TGBDIMU\\ZWXde[GNIJNUXUVSLLIU_\NSZ[XQQVUTW]VELRV][JYd]QMOWWXSPOJNSWZUOVZYXY_\SQT[aaadgi_RQ[]xojhbZYa^UU^aWWYTQSWV[XOSUVYZYWXVRRU\hic[LNVSQSWVQIOSU[[VTSTUV\_[X[\]ZYZ\GKV[]_ZW\XMKFGSSMKPNNRQ\ge\SQWZ`hf_]WUTOLU]_ZWX[XHNWWWZOSYehc^[`d`_ikotrida_edc]]cb^YXXZVU[\bb[QLU_\QOQY[YQR[VV[WUWV[ZPUPHX_aUTYTX[POUPSV[\]egjg_VOJBJY\S[abiz„xƒŽŠ‚q`_][XNJT[ZXPKPNT^eb\WUT\^_\YJ@SahhfcbXW_`YSX_Y[[Z[_`_`^YQSVT\fe`cf`ZVOTSIJSWUNOUYWPOYSMZZSSUSPTZXPGMKNU__XZ\clkggrw~r^bba^USRTXOR[[`c]UXaecWYaebZ^egfb``\ZTSYbd]RTUPQNOUZZ]a\\^XUW]][]^YQS[ee[SU\UX[]bZS_^UNBJR\]Y]hmjdcbZXZUOQ\fe^]YQSZ\_eia[hihptrptpd_VSUan{~qgdc_YUXagfhieSPSQU[UZa`]XVV\^]RQ]bji_\afaWXSKS^^XX[^bgc]UVZ]]YMOU]ffa[TVaiiZEOVXZWTTVXcf_XY^\\YQMU[dswkWZVY\_a]UZ__^XOT[Z]bhiigcWakuxmgimkedgu}ukh`RPZaW?RXROLJFNUTW__X]ZKIYXUTQPY\dyˆ‹†‚ƒ~qifb][XTTKPOT[\XXUX]fgc]UPPJMPNPSSTTX]``]_[RMT[]]]WXXVX\YSY^[WEBNUZ_^ZQGNXWZYX_cc`YV^aULNOYbcaa[[WTUVZaYPZ]n€qXRTXWWYRKaZ^add^WW`aXNTTXYZYLTTLLQUPMZ^YWYQSYZ]]ac`PEMNIIQRRLHLRSNPPHKSTMJSYTRUUOOSNMJ[aZWMU_^WTYaiih`Y]debeaXYUOFPXUHNWTMR[^]TLQOKLJJVXUTTNHPXUW\]Z[^`^ZTKNWWPDHKHQ[ZRPXVPTYYXVMQWUNJPW\]dj_accc^YVTRRMQPV_WTSNE@RYSGMVXWU^gkic^[XV~zqj[Zfd^\_cWRNLIPRMNUQPRTROOKT\WZ[\`b[NPRY\__\ZTMIRPUTOUYWVVY\_^``^SVYQQOOMNSY]ZSOHADOXWOQSORTS]`_\VXYTX]^bdZSRXWTWVTXdfWVff_WPNTY[bhf_\VZchkqrkd^^bb_[UUS[_`b\WSZabbbb[LX`[SQWfi`UTUUVRWPKXYNTXXZWXGGMQ_Y]`TOSPNRW`aZ[eg\H>?K[aUMYaaix€zwŠŽƒm[hklgZS\_][RLHQV\fcUPONZ]YWOEP_caXR_cZVai`W[YZYQLW`X\a_]XYORZ]UU[TDJJNMLOW^XQOVVMQ[b^U[YSOPIMMTZUEPROW\a`Z[WY]^iqtˆ€o^XXba[ZTQMV]YSUXTY]^^dXS\c_X[]aaa^Y]cd_`fdWKLXYYVUZXX]YSKBGL\aZRSPQUTVZ^Z\`^^]Z`c`^YUXWTKMZ^bgg][cfbPELSSZab`b_UNN_d_^d\_cjqxzwz|qg_YVW^kyygYa`XV]cf`^_c_`]TSVUQTQTTPPX`a]V\]^fbTR]c\Z_^]]]YVPZimg^WPRTVMHHS\fong\X^hndTVXYUSMNVTIOPPTWTSXUT[U[fso`OTZXXYSNRUXSS_bVOR[]WTUW]epzxnlrsng[]jqpgca[]`]RXYPHINUTOPQOMPWYVFIX^YVR]`]]oˆ’Œ‡Šƒo]a`\WRT^\VOX\W[[WXaml\LOUSPW\\]^^XVW\^ZY[TUVUUUTPOUQLMWYYZYUNJKIMUV\[QRZUUXTKOT]VRZ_XJNNJR]^\ZXWZaXW_`\_cgqrh`e_[ZW^\RSZ_bZce]NOVTOTPPXUXZUPJBELNOVZZXVQRVUTORV[YURNLORKLI?ADOVTKOUT;5MSRNPUVW]ZMXa]RWWY\TLLOSXTSQNRN@>KNS]_`fmo^Z^XPSZdf_LO_[Y\VOWXRPJMX][SVYXWTZVT[^`c[The`Y]`cdg_URYUY`d`YWPTSNRSIJWUQU[\Z]baYY]YTPNRWUWVZYVWVUXUT]b`]XPRX^_[\^]\^^^VQU]ff_``^feZVRTSY]WPOQTZ\VROMTVTS]dc[UXXZVWUUVRX[XVTYjl`Ucome^di`VW]\S^d`]^][[^a]NV__XS]ee^SOVVNIJSZZPPZfkh^XWUWUTMOWXUZdf[VOPPFU_c^QIIMRMELSUWYTJ^hf`gqvy„nm}…vdX[UV[[^_bbZVVUVVU[TIZ]TLITZ[TU[YRUXYad`]YGHRUY[RJZ_ZUSPU\^_VKQXXRUYWR]gbTKJQQVY]\\YSOZ\ZZRTTPUZWVSVZSOVXURWXZad`jxyrbQV[ZWZ^[WYPTRFGQKT]XPOW^`^[[cca]_WUOTZVQWZUVVXYOSY]_^XRRSJPT]c^ZYWZY]Z]c`YYcaflk_XOLSTQOTX\VX^[]fpmf`WVOX\VZ]ZTRWY^XURYZWYZfsxtg`ffc^_g\Ymz{p`Zceb][WMNZgihoi[X\cc\\ac\]\YbcegZKY]WY\YQOWXQLQPY[VWUZ^`]]^][[chlm`PY_d_UZZ\efb^XPPVMGOKDQROU``beknl]SROV[]WVT[krqfVXafecfigc_Y[m|zrnjaVPS\v~ub]bcdb][^]VabUNRUUKGQZ^Z]YYZca[^flohw…ŒŠ‡†}rabeggf[_b]ZUUUYWWUTUVVOT`b`YY_[RRTOJGHX_[XQMUVSTY_[WUSXZXZZ\RJPSS[ba\Y_^U[`[SOMZ^\ZUTXUWRPY`WTVSTPPRWXMThqtng[SRS[^^WQ`VHQcjeVUWWSOVYVLQ[]ehbZT]fe_[]a\Y^a]WWXRORFHWZYUVUUPSNAHOUSQNNPLJFFIQSRRT[VFIPLOSWSJPTV_cecXRYXKO_gbPQ\XW[ZUVTTU^URWRDT_eaV[]\VSVXOKKKMNRWW^b_a^VUY\XSSVXY\][ZZXXjb`dg_VXj{‚|daa\\VNO]bWNIMUWNKTZ\UYaWCNURTVZ\ZXZQKPLU``ZWOKORO\]TPVXQMWXV\ZVTU\VJ[fhd_VMCISRQ[_WRUUROLQORRNCBU^`^\URU\\^cb^VQSPPZXahihpsl]TVVX`db]TW]^WXZUW^^X[XOenlidYSXUU^__UPUTXSS_]XY]c`WSSHKOTWSTSWa]WVXXTSUYZZ^bUMTURMQ\_YSR_psjq†‹…sg}‰‡yk_^]WQLYcda^ZVV[ZX\_YLQUV^[WS[c`]b^Zcnrk_W\`b^UPMKSVYVZVNXURY]^^`[ZRTRSWVQGSSVURQPUagheYTONT\YQPOP[XLIOQY_ce_W[Ufuxncdlqqmh[UQIU`eb[VSY^XPIKR^cc_`Y[`[VSSUQT[WORVYaXSILY`b]YRNOOX_`dgeb\O]c\PQRX^ba\VOQ^cbUWYV^ba`_`Zenmc^caclmdefbc`SKPOTZbfd]cpshXXclmif\`kzxnc]WVPWZXY^b`YVY^_ZUO^rwqgad]S^cbgeXRPZdaUUZ]]WUTV[af_Z^cda[__^VQU_lk_abW_ihZSYSNMMMWac[RIGTZUZ^SLNQSX[fjeY`b^XUTRROMLBMXdeflx}zyvmfe_PU\[cib]YSXX\YXYTW^eaYVQLOTZ`_SUYMAKTYSRU]dnndm„‘“‘‘‡r_ckkib[TPLLS_bhfZRT_jndWWbhga[dica^WU]a_^WNU]`^YW[\Z[[`bXV[YW\``]UQWXWVSKFLW[WTZ[TPVTLFT``^jmd[QSX^\STMN`cbbfe^_]XZTQ_\^SRV]_VSZXT[b[RUTZ][URPPNIPenicYKW^ac^[`aTPDAHHFNRYZTRVWOQTRLIRYTRHHPQKIHWVOSRROJMUSJOQRRTSPKKCNVW[]]URW\ZTFN]`YJGV\ZVS[WQRTW^^XX`eZKSTXac_WX[TSYZZRLSRNJBGGNSQXaa`]OPONXYRQXXU[XMT^`\YYZ`XPY^aa^dfa\[[VQQPYbcYOVaaWT[YSVOR[^_aYRPZ\W\]^]V[_ZZZSHI[gml]PPNQX^]bde_YSQVZ[[ST]bfbQRTY^WU[\TROT\^YRWbbYVZ]YTPIMTYVV]`[ZXX[^``_\VWWUJW[^b`Y\eh^U][SSPSZUZchbbgzˆŒŠ€rd^^YX^XMOURZXWXSPU\\U[c^TPQOV[REMX^`YKQQNROLG;?QY`_LHVZ_`\ZZTPY\\SRPPVWYTRSPLQQKMRWUXVXVQKNRWWSW\SSYWV[UUZXMX\WXVUgpldc\OF>ENTYY]^ZTVadd_QDALLSWQMSIIGIQXX`da^^a`]]XU__VVXZQNV\``^_\SMSY^]XX[`dnocWWPTZYVRVVR`gaWXRIN]v~jWX`_abcbbbaac[RS[ZV\[X[_bdgjrmt€ucXXWhwxfZXW[]]]XSKFLFHUfuwkbb[MIMLGOUY_YVVTPPOKKQVWWQSVUU[[VT`]XaedkqoaPPRU[]\XVV[YY[`]SYYRQS\`^\aba^YV\^a^TY\\[\^_XORLVLYcYRWX[^XW\aafhcjqsl^^`[XQO[ZJNNPXckmhXPMU\[SPFCO[[X`c^OEUafm…“–‘…{€Š„ukd`^^ddbY[^aejg\FP]\[[UZ`WJDCDAFMRZ\QHNURSX\\XSKVZ]\QMOOFET_egaXMKPNMSQRVRLPXYMFPZZYWLMUQ?EQRX\WX]\_a[NOSaf`dhh`^d^cie`WY^dcbcibUGJQOGJX[TEHLKPMHLLT\\WUVNJSY[ZVRHIU]]ZXRTRMQQQRNOTRJ;DMGMNORMGEKU[ZWN?MTLNVWPIGNVYVOOIIRYVRIHHKG?HYaaZRIFPYVX_ddYVVIIOTUXY[YUTSJLJLW_]WLHXa_YVTQUZ]]W\_\OJNNIOVT[YRX\WUT^aWQUV\jpobZ][VOXc^XWZWSLPZ[TWa\\ZUSYYTRVWNAP\XUPPc[VU]]YRZeebUOWYX]\[[ZVXYUNJFWb`WLEHUXOPYZ]ZUVSMPVYRRSNQTPRZ^_[age[QW[cdeccb\UYWQSNMSbd\XYUQW\ZWYUTWU^a[NNSYXZYUH?AMV^ZPGGLO^gjdaYMTUTZcnnfZQV]dfd[ZZ]WV_a`ca[[\ce_X__ZTV_d[S[^XRQLLOVSSX``Y^\XX^_XSUSRRUPS[_gcPPTUWXVW\XW[YOYacdjp„‰†|qk`WU_c]URUQKW``\XYRPY[ce\Y[\ZXOLJJP[_[NQSRLKKIDIS^cXLRST\aWNNUXVXUQPMPSZ[XTRNOM@CKPZZXZZVOPWYYXVTRQRVR@HMU[WY]RFRSVZaenm`QMMPWY[^a[UV_iibYSOKOT_aYVSRPMOVWVTVVXWW\TRTX]YWVYNMIMQX]`_YWY]WUZTVY]bh^QSV]_a``YSMM[aec_Y_Zix|p_U[[XX\elh`dibSKRVVQIMZYX`^Q`fn„ŒƒrlhiiqseNMPYZYVYUOHBCQTUckhcgf[OPVVT\[STTUW][XUTSONWVY\^Q[faVY^\\VQTfqn^SPPY_cZUY\WWW[[PYXOWVMNUZYWXZ\_b^ZVRZc`XTUSWSGGLXKQNHLOSUVQNSY[^ditxqbTWWUUQRVTYROZ_da_ab\X_`^ZUPMNP[cf_PFWcich~‰ˆ‡z€†ƒyuk^\aik^LNTV[be[S]ZPVYckcWM@AKQSWY^^VX^[TX_[WSNNY__\TRTPDJ\kxylXLHINOOPVWQQ[fbXRJLV^[RLE?NUWWYW_b_YZ[UOXcc\bieX_hdbcccaW_kmg^WUTRX_\OJZ^WOR\RMSMCJWZSMEPWVWUWUVZ]WV^\^]YUTNJQX^`a]UIEFFHNTUUSPLCKUSRQKILKMPRPQQKMOPMGBGIOSRNJRGFIGM[c[SMMXXTOPQQZ[PNOKOSTUPJKIOMSWQLUYXKCIOQNOQPQW_d^STVSLQTPRSW]]SMXXWV\c^[ZPStwcPQKJKPRUXT_fc\XVY[V\_\UORNTZ^\VYOG[`^[X[i`^]_ce`bhc[PW^YSWYX_]ZWXRKM[ddZRWPORVRRSVMJPLENOWXOLOXYQPUXXY``^WU\feYYZ^a\XVWMGX]WYc^Q9CPUXYVP[b]OSWUYUNQU_cbZSROKVWRKCILNZhlheWTZZZ`fpi][]Z`gf_TNSOR`efedd`]bhf\TW^\NKXc`^cdZNOVVYVT]^a^TPPUUVQMWVRTWMXYbffXLKMMQN\cd^\YOET^qtog|‡Š‚w_RU_d_WTWVQKMVNHSPS[^]]\a`WUSOLLQVV^eaURNPRRWVSQY`ZPKIMQWTPRW[UTZ^_ZQWYUQW[YQQQVVV[``^RSYZRSVTSPPJCRXRUVOSZ^b_MBMO[`juxoba_XY^`bd`QRZagc][TKOT^b`WUXSLGOSVSTX[[Z[ST[a^ZWPS]YKIR\enkhca^VISVPRT`j`Y`^]ab_XUNPXX\be^W_^WZYdigUZ\[Y[ciaake]MROMMNS]`aad_Yioz…‡yh_cedjlbOLVcdZMOSQMIU`^^`addgd_UV]TX]VTORV^abca]TLKVSST\`dc]VSPM\aVR`ggcZRMQ]da]WQ[^YXV[c^^fa[TLT^_WU[\\\VNPW^Z\]W\b`]VQQIKO[Y]_\^ZKO\_bccnsiTQZZUSLNQ\XLIJPTYcfb`ba]`_XUU\`^fgZSOQZb`eu‡yŠ‹zrme[SdeZQSKGY`ab^__RENbgcYQIEQSNQKSYYZYUNSZYOGPTSVVVRMKFFIVfs}|p\MKMLSUQWXYY`c\RKFQXZTWRJLSSWW\ae]OJQVITcfYWbdbfjhd^RTVSR[bbWUWZWX_aWLNUTY^b^XUQMTXXROPOWY^`VPPZ[Y^ZPMWYPOQNIKSWZ\[TRVYTNOUUORPE;@PSMV\UQLJMPHLMNORQQQD>NRVUQSJAGQJIJLSYUMKILOLEAHUVIALIKWURNIPPQNQUVTVX\]]\hnjXJGGINURUZZSHNVTUXSRRV\UJMTXXTWUR[^[VX]]WZ`fhgc`ZQTYY]_[`dc\MNWY\\YVKTY\bfd\QNCGNMHDS]^[UQZLSYahfcaXWNOULMUYWSQP]a\[VLDALURNULFRZ]XUPNV_ab\UVLCRSQLJK\fia[WTVWYUIKQTbmbRZaaYTT\`ZVP`hgc_RAMQLFKSY\XT^ifZIGQ[ZYXYVKLTQOU]ch^JMTWSO[glaY^\ZWTVY`]`_UM\gi\RYcjf_\YSVXeeYQYWQWUQWVSY][WTUZY^cdYKCLSSMGLQULXYTQOS[UQOV[Z^\_b^cieen}‡’Œ|eZOIVWOPPYQPQSXab\UUN=O_\WRJMPNLJPTWVTTUVXTMYZWZXYUOPOFGY\SR^d[LRRORZYZY[XLQTVWSSWO>T]YSLPOHPXQMUVONTW]^VOKVYWVVWW[dgbdjf[U_\OLO[[VYYTO_hf`VUXYVRQVVXW\_abcbd_RP[Z[^^VLJGSVRPPZ`b\^[SZ`_YZXSURNRU\^_beaPQ[XURLTUSVTSRMS]aikd`c[X\URSTWX\^[XUVWSP[bioobew„}gKPTR\^ckdYNGLNSKH^gbYTMW_jqma[NMV[WXVVSMW\X]^QGGMWXQPNPSVXY^[VSNLNLRVXY_ljdZRVXWVOMSW[\_YNKIOMSjutidcZPT``VOTKV[bgkliiiba_QKFOTWX^efZax‚‚yh[[_[UNLXXPV[]QTWW^[SPGLOX^]WQSPOT^ZKRWTXhsxxpy…‹„lWLMY]RXcaVX\XXY[UQMNJObf^[YWSQVZ\Y\[N@GMPUSTW]c`XUTRLOYZ[^_`\Vhx}taZ_d`QR^_[QJITY]^^Z[PBJINT[_VVZVY]a^VXRRMMOZ]VQTWSSJAFQ\[\`YWSNNJKUYWKJTUSafbXU\[QS\]TERYSOPbdTSYZUMINLGLIR__]]WPIR^[PRFBMURMQUVTHDFOSSOHLRQLQKOXVKIOOUXSNHJKRSEDNUI;INS[]WWWUMKNS]]PLUQQ^][[[`_RCJHFO[ZQLNLTWUTTQPKRXXUQUSMPOJJOSQMTVWY`ffd\WXV[a`_\\agc\RNVZ[UT]^\_X\egb^XSU^^VOKVa`SHW_RKR_eed]WPHMHIRTU^^VMQRTTPPIPX\XYUW_bea^[NQV[^_abZHINRTWTR]chbYWX_if[KR[ac^NKX]bacmm^QOYdgd]SS[^XKTaedXWZU_\OQSRZ\URUTWYXXTQP[fh_VVWPZdjh_Z]VTbaZUY\`bcenrk`X]e_VQM?Ubff\UWYZcc^YVQUYWbbZWRCS]SGFFKLU]_YQNT^ZSQRRQOT[ZXUQPW^bfd__lyˆ•—}l[RTRMTU[ZUWPQXYWRSWTTXVTVRFBMW[ZMJQSQSNTWQWc\]ba]QORUTUZYUW[\^W_UHZ]SPXWLGOX^ZLGLKQRTVRPQKPTSLXa\PN[]SNX`c`\YYVRQO]ddhllg`c\PO[]YZYNBXb[VNX\WVV][\]]VTcaSZccVNU[]cc`_[UNNW]PMS[[YVZNGXWTXXYWXRPWRRW]]\WWbji]OMV]caVQTUW]ennic`[_`\TQNIR]^_WU[VQOU_jmifsƒŒzbWXWVa\Zbii`WOSYWZaca^UON]fcebXHP`_[PPWJM\^^]YVPQaaURTSS[]fffbULM[WNQNJLPVZZ^YRWabXV\bZRL9EQRSX]ile`^]_]_`WS\][YOS`kolllaNBCRWT]eb^\Vdhtzuj_XLOTY]_Z\`]OGNRUVMKECN\^ZVSUUOIQTY]WNR`jigjmp~ŠŠ}uob\X^bcVY[WR\ba`[OMKHRVhvrgcd`YYSQQONKQV]Y]_]YUT]YTSTYUSQ[^[^_[Yiyztl`^`WSW]`ZIGHNSVXVWVRVPIIT[WUTPMTUXTUUVUOIOUSRSSQTQS\\UTW[QKS][KORUNKNZ_WYdbVOUTST[XLKZ`_ZUNeYPUPMOMLGHHCLXYUVRXY[__ULNNKEIMQSROC>?JOSUTOPUPMVWWXQLONY]XSRSU[]UJMPONLMPZ[XQROLJLVccaVQUT`f_YTWbgb`\WVX\TMQWTSXYTSPONLV]WWXSKH@FTXVVSRPO[daZYVXW\``WJO\dbUAEGRZSN\`]\[\_[[\WNVbf^WKK^bYP[`XZXBTa_XQMJQUX[\YUUTRTTHFMX[Y\]]VSSUWdjf`ZWZUQW[ac`WUZWY[URSXY[]VN_cZX`fZQ]YJIW^^bikeZTWXNIQTY^_WW^idUKU]PSZXV_YTVVQKILRUZYWY]enphZTRX_`b^SXVFL\^XV\`ffgdgfgg`bd^^]RPbfig]VUW^ab]ROXZXbibRKKQZVC:ENPW`aWTJRMBO\^YQNQWOOQQJNU_`a_YXk~Šƒn^TYXY\Y_a\TX][VMOW\Z`]UQLIGLZYVRFKZ\WPLLRU\\P[ehdWIPWSU[ZUOINKWZPPZUPVXRNTXY[VNSVOGLMPPRRJGIEHTXXX_b[T`fd_^]ZYNMRNUVX^hgZR\YQ]c]TRNNXinh`_`WPP[\XYWSS]bVUb]W[UMSWVTOPNLOX[Z]a`ZQEQROMHYb\UTRSSPYb[[`ZUHTgpiYLL]hib[YXRWWat{taT[]_[WWS[a_YTKOW]WM]jlhap‡si`WQSTU]bdbb`^cbZ[_SPUX]djihhaQWagfXKW^RRbc\Y]\SU\[[]YVYa`bdeZUPX[ONNPTVWUT`jfYbh^NT`g^M;N\XMX\_dheefc_``]Y\__WNTW_jiff^YLBQ[\jwvka`c_jstkbWTUZ^[[TTdh\JKTTKJNVXP[[VPVZ]YNJSZYMRWY\W\gqroƒ‰„€zna][]_\[RW[PYadZOMTXQSZjoiaba]YVQHJNLWY]_bfdXLNTSOQOPTZZW[XOSTWOTixwmfa[V\Z[YRQRJNTZ[ZXU\ZWNMMJW[WNPJKVTSW_XJNWWVRRRW[[^]TPPRPNLZ_XTVY\^`cd[QR\d_[ZQQUXLNW]a`^XZWWSXWRRNKAE@:CPTXUNHMV[UOPPNNWWUMR[[QJGCDKV]WKNQOW]YTOKHHV]XKKPSUUTQV[TSOMLNVWOQLRVTPU_a^UYUR[XY^[_fgeb_]]\[[UZYPKUUOGKQPSZYUZZTPKPQYQEINXY[dhc^ZUZ]\[]ZY\_caWGJXceZW\Z[^efbdgbYOS^[WTCJ``\TWVXOZ_ZZ]ZUUTVZYQLTVVXVPQQY[\ZVVMJRQ^kk[TYVSOTV^d^VY]UMW\[TNNLOPPYaXS]d\W[WF;CXfgfd^UTYZWZYVY]\VRY[UMKT[O>RVY_\WYYY[RKNQU[VWRS[chg[SSU[el`MFGGP]]WTXYY[V\dhi^W_c`defccbaa\\_WQQUKDV`[Y`_WLJRYRBOMLMOUUYZWS[TTT^aVPRW[XTSYWKPTYPPUZ`gwˆŽŽqb`ca\XRVQOQWTUX[VVVbf\UKAGPWZQQQJV[XXQNT[XTUVaklg]PF=JNSTPQWSTWQNORXZ_ZQQVOGLPRUTLKXYXZ^\RUVRKQUQO[]Y[\YSU]\``ZVUSWXW^d\Q\d^_hfd`ZSHXjfSOVVQO[a[WVTVUVVZ`c\[YNOUXWTUUPQRQTYWUVSJNTSVVW`]YVSWZ[k|ycUV[TQYfhdaYYVYYU[^[[[UakhWQRUTRNOTZ^ZOLOW\_a[_kotvno„pf[STY]``UWX_^^bc]VRSWa_\cdgjf\UW`jfXRXVO\aZ\ehaYZ\[WTX[Z][TUIV^X[YWURRPRXagotn\[ZWS^ikbPTZ]WX^Z^gpki`NUadc``]ZRTUEPXNQX]aIBMWdszvhhpmqtqmfbQR]WUUXW]e_XVXVMLKRULMT[b`a^]ZOYdbUZ^_XS[cjifm{ˆŒ‰‚taUZ[RTUY^YJPWXSTTPTVXYabZRMRTVRNRXTVUNONV_YUSabUIKMMZ[POX[TOFIMRekgkoonhincV[ULRVXYWQSZVTRT[SR^_VQI@QUV^ccXW[QKV]WRV[_\PHJNY[UXYQJY][Zafa`d^aa\SSZ\YYSMIP[c_TSR]^db^WUWPIFGOQQUUMMRSIGNPFGHLQQNHKOSMFBQVZ_[RHPZWZ[TOJGMNVYYRV[\ROIGPUOFNRPQPEFLOXYROYbaXWYM?BKYa\YRVaceh_PLQXXUY\\ZPJLITeg_VUV[XUWUVJP[`bbbaba[X]^WX\WX[[\`aZLLV_ZUTSVY^hfbfigcZ\]RRPGU^`\TJSYNJQRV\^^ZYYUSTROPTVTRUZ]\VSVXM@NS\ed\UUPAFLRW`aTKVSMTWUUVUQRXORYZ[bb`^YPY[SOX[]`\WSPSVVSTVVZY[ZURVUVWOKNTY][]b^UXWPKILKPVYX_adf`Q@UX^jkaZUNLPXYTZ_a`[Z]`aa^dlg\dihge]TUX^__a^\WWbf\[b`ZUJJKOSSTYURGW^YXa]\Z_UOTX]XW\Y[ZIFJLOX^jpu{…Œ‡xlc_\XVSXWXSFRUSW]_]SYb`\SNOTTNNIGSYYSKABBMMIR[\\^b`^`ZWRPYVSQSVWXTQTX^\UNMQPJNVVYYXXZZZ`ZUQX\a`[XUW]`^\VVY]cih`WXW\ZY[a^`bab_bfabb]SGGbi]UWUQKPY\ZZZX[TUVWWTSTUUTQQLU]VUVUUUVXTQVXUOWYYZc`]Y\]^gx{nb][_VLXb`]SW[QU[\XTQTVZemgWQSSW[VQQTWTUOOYYX^krnmwsowˆŽ‡wcYX[UUVWVWVYdgmrhVX\]cib[ZW^^[][N]dbQFOTX_ZX]`\SV]^XMT_`Z\]VFWc]U[_`WMVWT\afmj`Y_^XPVcf\WVX]]Z\^aeif_[bc[[`a^SKPRMRVRMOEQWTVXX]bjfix{vrlga\SHSWX]ZWUUUX[ZUQOJLTUT\[URT\^]TP]YTX[ZVKPYXWaljxŠ“–‡h\Y[NNZ^]TLGIM\`VLPTTZTOSTQTVTVTZ]WUWTXPWX__RP[WF=KRRNOOWbbYQTYWSTQ]gjrqowteVMNPNIIUSQ[[RU[fd[VUQSRPQJI^a_ZZ\VMX_ZZbec]TNIMU^aa^QJS^XLQ[[Y[`ijaQYa_[SNONKXbd\VRH]ZYQIIPPQOFJONRQORQHF?FPUTXUUWSKPNMLEOVZVUTUOKVYSQLKKOMGOWZUOSZYROLGMRKHIMKIAILLUXTJKXaaWQNGCHVc`UORY_befWLVYVYdlgaWMMLMY_][Y[ZYY\XUTQV\ZYZ__\[[ZXSTXNAKHQ[dfXLU^VRYUUZUW__^\jlcac^TSPNLR[]RKZ[MGNMQOS_cbbb\PGEOVPINRSXQMZaWFM\^cfb^cdYP@@PW\^PNONZXLFFKM\bWLSLQ^___Y\d`\RIOTWX`faZ]bZU`XOVXSNOUZ][NHRRW\YYc_XTUTPE9CLOP\aaba][QLWV\dd_`_MHSYXXZ]ZY\__`]SVdgZN\a_cbYQR\_^dhgaQVhh]X\[ZSKI[^VGPUTOT_\TVY_PTSNPSUY[YTTVZJLTUUX\Zcfp}…‰‹„wg]WRMIS]^UNNNPRV`a^][]_ONWVRTVPMNSTOQKKV^]Y[[Zanmd[\TUWUVSSZVWLGLQYWTTSPIFKV[VTWRW[\[]\XPEM_g_RTYYX^cc^VVZ^gcUY[ULJZhljib\[`gg_^YYWNPW[\\ZUNOSQJLW[VSTUV_caUR[\TKDES\\YTPUUURU\\WUYZVbkj`VWUW`a[\\TY[HEQ\^[]ddikdVQ[\]TTjmd]Z[X\[UQOPPRXYZSQZnyvpjhcbr€ƒyfYU\]SURNLPbfdmvq^KXWNSZ_[V\ceccb_b[P=?NHNZ^a]N=OX[bb[YZ\V[]OPZSP]ca[VXUT\^VW_c]ae[OVXRMMS`ki_^bbbfd\[bgaTYbdUISVTSZXVZ]\bg`]XUPY]blsqkca__XRLHQSNJIKOTUTTVTSSPPWZ^ZPV[aba^TUOM\YSPO[[ajkjk{”›“xi`[TRRZ\RA=ENVYWRVYTPTW[[\_]ZTOSYVWZYYZ\c]UUNMSVOU]\SYXZ_a`ZUVVMQ[YUV[dlspd]RPXYULOTUX[WU]edZXTPSSQMHU[ZQKUXSOUYWR`hkgUETWQWYV_^WX\UTNJNNOSV^jneZVUTPC@IU\fd]YYWUUOHKQMKTN=DMRMHOVY]ZVRVWYTQUUPHCR]XRQT_b\VVNCHNVTLJRTOLZZRHDUYKIOMQTRPRORXVTPEOOKMFEOZ]YZ\YTUZ_VGMUNMJRYW^da]_f^YUKORVSSOFKSTTVYVQYWSUXWXVUUW]ZYXVSN@BOVT[d\OVb`\[ZY\_[\ZSUciaY\]XRVYUHP]a]X\_SSQPNAKaf_\ZPQ\`XW_^UJOVTORX]_XSY[\VV[SRWZXSRWWKUTV]TT]]RU[QMTWU[\Y\_daYSOLRMNPWcggjh^SadXU]ZOKTY]b]KEMSYZcmoh^YVNNPX]\\`cZU`ca^[PLN\cac]NGPWWZ[\XVYafgf\Z_`__Z[b`\UVSRRV[ce]TT^fd[]ba]WOW_[RLQXXV\`YWW[_NQJOTQY]\WNNWUPRQT_b`a]bns~—’†wi^^OHV\SKF@QRJQXVZY[a_Z\RBJQNOTVQRU[[_fe^TTX^lvxnb[[]\WURYYWUOTYTQNOSVPB@OZWX_[UTV][Y]]XOVbaTRVTOV`c`[\[X_aVMVZVP^dkomf]OM\]X`c\VTSPR[^]ZWUTNU\]]VKRKO`gkeWR[WOWXSTYUMFS]Z]OY__aa^^W^jhXQWVXQVmtg]a\TSRTNV^\\ad`XX[XYXjvsfYVPTUUXZZQLW]\Y]_o~zrd`dgwƒƒwi`XWROTVWRTb\evucU_b^Xa_ZZ_ikihhdd^YRMQQGKS^c`QFQYaebXTQNQVZ[YMSehaY_a[WZ`UPahdSUTKSTPY]YUZfe[TVage`[]_^WU[d_SRVTW]\ONW^djm[]]W\bmtzwojlkf^XZPDDSUKHNSVVSSZWY^b\Y[UQ[bb\TTOMJBWURY[Y^`ehoup{‹xbdbUPV]VKHKV]]^`UPKGAYcbab^Y]_ZYX]c\WZX_^SQSNHW_ZYYXYUNX]YXSHJPOW[XQT^lvti_]^^df`[`ecXLMKPY_a^WWPLFJ\_SQMJT[YRW^[Y_cbbZY[QONKU[[[W\GLKSTIOX\dkjWIMVYUPGFLMQWZQIW]XPSaf_XVVSPM@7CJOU[[]ZWTLQQKNPMOX[QKHS]WQTQJNNRVUSSVSPPRNH?DQLT]XPMNRUTSZ\THABDKW\UKGTZ_]ZWRQMSSOPFQRHCNRZ[\\[QSec`c\TXWM@GE>MSPJM[[[VPQOSUS]_WYZUWTJMX[XZXQR\_^[USXY^\\TNX^[SW\YU[`a`W[daWMXYU]]\]ULZ]TNNR\]VXbe^UQVXOHS^ZYUT^]WTWUPLQYVQEEGQVPVUNU`YNINPQUU^e_\dfbZ[XSOJMQOX[bgc[VW^^aW^^ZSSIY`VSPQV\_ntqi_XUQR[`\^__^RNX]]daYQR\Y^\URU\]`^^\ZUV]gf_[^[Z__\ad_VVQKOPX_daYPWYXSU`caUKQ[]VNMVXWW^]YSQIJKILOQMYgeXUX[XVYSQWX[[`hbp‡—œ–‰rf]_XPVWUTMTYURNOWY]_`\YWPIPSROQUW\ba]Y`UXWXZ`nxyj\XX][SNUTNRXVUYQFLNSSXSMSUUZ]XQILUX]a\SLUYRSVX[`dfbWX\XTWUIT`ea[[[glg\]LQ[VU`f^JDRZXVTUVZ[US^^USOQWTWZY[[X^_[]_[OMQQPSYY_cMIQ[Z]_a_\__WZVRSRUhtme\]]\[VSRXXTVYUSUY[VXgro^KT]]TJRTUSW[]^^\Z\pyzvvmabey…‚xnaUZa[V]\ca_dgqi_bhe[[ZWYdnslca]_aa`_\UOSQV`c_XQSaifZHKT[\^a^TXglg^cda]a_WEO]haTWYZN8KTTRLL\WHPXZ_aZXV]^RRcdZQMKLUZZOMQRR`WY_XXcw{xvoqskZMW[[TV\XZ\XQPTUUNKP^dbTJRYZVXXWUXRQTQLUXUYY_gkjkmyƒ‹Œ€ojb\W``Z[[^^YX_ZQNCENYaff^T^_ZT[]`e`WVZUVZYSMSbfc]_^VICKMRSIDLKNX_]WY`huvkdfe`ZT^lpofXRLGGVa`_ZUKEHNQJFNJN^b_[YWSW^^XTSSOOKMTUSQLMXNWYYTSY_^VPNTTMNQOJNOROOSNLX^TONUdheZRQRTPJMOOOORQSUMFHOSLEQWPOUNFOTOBKMTXSWUQTVRMS\ZVRSUSNMTZ\XLPXSQVZLLRSROLOSNHGZbWRZ\OCLTONFNXRFCIQ[\ZWM\koig\V^WPQOJ;9MNDAO[ba\[ZZ_cb_ZY^VTYUTUXUX_d`^`a[NAEGPV\`ZUW]cd`bbfd_`\VW_XMUYUNX\`c]VZZUXWQNOYa`^XKRY[^cgcXTRTWQTZ]XNJKORWTGRSOQIMMKOY\YSSKQUX[_b`XWTR][NR[]cgcfgb\Y\WXZWZ]\SSXPMUXhmld`b_`cZMR_^QGJRXUUUQKVcmh]^hs~ƒ}lgggebba_^XVZ^`UJZg_UQSKKbtwpgjicZWT\_^`d`Z`eZLLSSMKORUXZ_ab]WW[\ONVMXfki`_ZSPY\]aaZQKIRLGR\`_`fg`TWd^W_c^ce^VVTX[dc[RMG?IY^`fa_jtoijbbfongdffd[PSUJHNUUTTTSOJMQNLTVMM[VW_cb\WTR[YNS]cbgt…}w‰——„`[b\NORZ[PKPXWX\QPTVQ^kqkb]QHBJXWSVRac[VRPQMNU[\YUPHGTX[WVXWSKI>@QQWeuytggnpfYSQPQUPIOQV[\\agijja[WXRVTK^jjbX]khYJXWFGY_UCBPTY^[ZYTWYYROPMO\^^`XQVWRPJFMSW[ZYYTTHIJPZXWUXL;HPVVJKLLMSRODCUZ\PHIQVYXXRJLNOMQVZTOIQXQHNQRMPPOHDJOWXNLQUVQNWVQPKIRWMAFNNNSSMJQUWUJCRPBAGGFMOSTUPN[add^V\bjiaWX__XVX\\XTYWXbqseaidY\\[\\[TNKS\[WRX_^TMTMKY^]W\]aejif_ZZUXZ[VYYY^]\_[PLV\[WUTTVYXVSX_WRVWXZc_S_cb\R]e`]be^VMITY\\[Z\_`PMSMEJT[\XYYSJLXa_RPPTY^`]LMPKW]^^ijYZflg_YVSY\Z\ggZR]mpnj_VZWCSVV[^\ZXbcZS^c`cgcYZagfaTPRX^]UR]]]faWRUc^SZb]OWYRKOTRSbnqeGFOOLC9FSTWTU[\USUJNZYY\ZOPNKUPO[b^WYZYNJKTZ[WRP_hfd`k‚““†zpg`PSPLCL[\ZTNRVZVFAOQRPSRWUUYZSOSTTPSNAKSUYmutlbXUPOPSTULMX^b\TSTHKPMTZSSYWNLFGT\`_]^SQRSXZRSXOR]XQQZec[[ZZYSSKAGN[\Zefd`^Z][XRUVUXWX]\VUZ\YXSRX\XQWVYVQV\[JGPQTQPQMXaZFCRNPPTV[cc\__\]\F?NV^gh][_\Y\]ab[\a_ZUXSX`_Y^aa`]_`a\W[YVRPVRMNMVORYWhpibbiz…ˆ|d``dd]XW]`WQZdbW_lj`YVZ\[ejiintwpaQ[afjliaY\YNLP`mjYLW^YTV``Y\ZVPT\WO[bd^]ad`fjZT^bXJJLMKUbhjilh[TY`_TNLVad]RXYTU\c]WRHIMPZY[]]abaeccjhilhiaZbaZXZUJAMSONMYWSOLPY^[WMIPQSV\XTXVUURMT_bhowƒˆƒy‹š“x_VVVRKUZSNOS\b[USVQNMYa][_[SCFQSSVY`gc[VRVRNKNJKPTVX_a^WS[_\YXRHKPS]dsxsc_e[SUUTVZZYTTW^`\[`bZTWSUXWSVO]ij_UT[a[[]YSR]de_LDMQUQKLTVJMMMW\X[TR]\ONPLOTWZ\^ZRRZXUURKERYTSTQPTRQMQRLIGLUYSNOX]SDOPOPRVRPNNKIMT[[UTTVURNNOIHGKOJOUTOGCRbc\VW[VVRBEJI@FKVTRZ[URMJSWUUYMGNI@HNPUXYSYcaZROXYZcf\Y_cXMV_^_a\XQWine[eh`V]XT\b`YUZcji_ZZVTQKJT^kqeOUZ[Wejjd[VVba]ZZ]\[W]VTRQSZ^_[Z\XRW]UUZYXRSZcf_\\\\[]_\S_db_XJMSXXTKN^gcTNIVYWYXUWMENX]dc][VQSYYYNFPEJVYUWd^P`otl_WRTY`ecbXMNbfgmjfea[WYTTTSTRZ`d[V\]^a^Xac\fogVX[VRWZ^]Zb]ZabdeZQV_]ad`TU[UJUekk`QMOUMOWYWTWY^dZPRPK[YXa\TGIIAZXLGSWQSTTTWWRNVZ[UUWQY^[_y™•Šrfc_\XTEGX\]ZUOHMVTOKMWYYTCKYWTQOTRNKPNHTXTMR^pti]MOPNYZX_`acaYNUYOOTOPQSMOPQPJFR^_`^WNKZWT\\VUWSSWVQE]g`WYYTRXYUORSRV]]]YZVVZUDJU[ZVU^eYLRTU_^VWXQV__X`^]`YVOTSZa^VRW__YQPWKS\\\^[\[ZXRMKROL[d^T[da_`abX[bdcY`cade^\^ij[BKXZWYXVZ[WOFQcjdVTZ^bc\\aw‰“‘}idache\]_ZRTfnlfeb^]]YWQSNRXdmusnaUY\[bbYMPXV\\au}q\[ZVTMS`gf[SNWab]YXQRSTP[gok]ZfiaYSACMUX\cgfa^`bc_SSW]]`___XXZ``\]_a_S^jg\]be_W]epneennf\]]``WMHJIOLLGOSQJFISWVWPKOMHPVYZ\ZM:IQRUX_ddxˆŠ…w„Œ‡p_UZX\[SX[USZ]RLV^SU`caZ]`ea\UQV_]^ipuo]UWOVQMY]]Y[^ZTRKKQ_c^WTVWRRZeprj\VVZ\YTUZXTWWY[Z\\][UBCPNV]Y[XR[[YTMLPX_bXLV``bcaUQQQHFR^bZHOPEUb^PLS_a`^WJHPVZX\^W[`]\UPJVZZVSX[_`WPRXVTTNLTSQTTTJ=FHAEM[[RGBHJJFGQVVNQ[]VPOTKGKNIFPNLMER_a]ZVVVX[VNG@IPPX]VT[WKLIFNT]^WQUSIKNROUYUT^aZTUZcddd\W^e^QN[`]_^YTUhtuhYUSW[a\LXb`X^frsg\XXXYRMUU\nrhZ[WSZbkj`[Y][]b_[]^^aWVLORZY\\`^RHJXUTVY[YMHWYYMNMDLSSUSWcda\TTWYTHIKMZc[NGSXMLQZ]XFQ^]fi`[^]XOSSJGOOKR^aX]^MNaopkda_agli\SRPRW]eihi`MN\ZYY[[[]^]XQRYY]ZSSVT[deWT]a\R\ikecglpngd[\ildabb_Z]_[XV`ilcXMQLP\_`WSQQZUJTVV[\XVUJDRJILXWVSTKPMKGLROFK[daVSWXYeVO{›ž”{^]ZUQRNUVWWSQRUVW]WXa_^XRJPPHLSVORYYSSWVTXWTanut`SXRX\VV][[VVPKNUXXXXXKHPS\^WPUacdgcYNMNQVVRNSXUZ_^V[c_XZ]VHJTUTOFIZ`^\\VVXXYWROV]^[X_`ZODIRSNMUZW\\OQ^^ZWNKTZRQUPHPTSMMRY``]\ZROOPLPUURY^UV^ZQYb_Y[\TN\\ZV[[_\^ef_VdnhZKSXQT[XWZ[RNQ^kkc]][`]\Z_lw‰}lge]XZTRXUST]jqngTORVWUYSEJR^agje`W\_YQQPIJQZbc\eok^X__[SN[fic]ZY]\VTSTTZ]VVXcfb[`lqh_IJSMENWXU^_bgmhb]`dbUW^\PUX`hcXUbdWNV_ZZ\`b^Uepukdeikhe_b`YTSQQMFMPQTSNJGQWQNOMOSUY^cb]_aQKOQROT`fnu‚†‚~Ž™“|faZ`_UKQbb]TW[XT[\W`aYXWP\fhcXLZ]VSbrviYWYa_TOSOPSW\^[TVYWUWRRW`cZQN\fe]V\``YQPSWZ][QLEOVXWYPOUPLQSUY^]X\WE2E]`bf_TUVR[a]SWYTNXcfaXYUI9LQJLMX]XUVKBMTVZ_XRWXY[[UOORWWPTXUYVNMGECOVKFIGQUMFGPOMJOX[YRQOPQLIMOXQ9OWRQVUTOLKOMUOFQVYVZ[XTURRW[ZSUUZSLRRRQTNNTRROWc_WXUMGFFLOOQVRWURTZckkd\Yaeihlle^\ZTY^isyrcWQWbe_TJMW[\\fqph_XRMHR_b^gsp`TRRSZgiaYTPPQ[\_]bb]YXXPPTTTV^cXTVURRSONU][SVYXWUJGRNLTQUVY]WTTWZQKT[_]YQDISSRV_`VOTX\ckjkcZOLZZK:EQVWRRSSWYV]iqrpiaVcmlcWQ[`eb_`cff[Q]`[[]]YUTWVLHQRTVWVRZaea^UT`dZ^ikf`^`mrjljfkpke^YYU\ccbZ\gpme`]YUWRKUXZ]d]RRRW^Z[`^NBNMMUXWacXMNYXSSVNQQM`c\PENOP`ZboŽ¡£•tYTXYUSTXZYUUVYZb[WRU\de]XVUOINWVVWURIU\][VYbhuyth]TQVWVSRROT]XKJX[UV_[QROMSU]``_bd`ZYURTUTTWX^a`^b_]a\ROVYZWTOKJSRNU_a]WPWYVZ^YW\\WTX\]XUTXUTVVZSPWSBBUWVVX[]VSX\VNTVSRM[a_fa]XTMMOOWSPZahkg_VGMSRLT`cZ[\^]XZ\a_eicXT`gia^bWMRYWY_^\XRT[aWVV[`a^caaz‡„xm]JT^_RSWPC;N_hjbXWWTS]WRUORY`ij`MYaWKHMMTTRTU^feZZTY]]UT]YY`e_XZWOMOXZWWZ`_^ab[RanneYUVNKQPQZehfee`X]Z_bacgbVTVUZ\RIVZ^]ZNOSU[[X`lplfgkxxvi`ZTZ_^OMKSRIPKGKKDOPLKLRPR\^ag_Z\[QKMIGOT]dhn|~†–wcfffcY]ca`YV\\RTTPTYXTUSSipg[TLPSQUblnf\Y]XMNRVXYUTWWQV\XSPMPSXdf]LFOVZRWVYZXRJW^`\TOLFKJMVTS]ZPLPRV_[[^XTSNW\Y`aZRLW`dbXW^YRLY]_ge_WPFKVXMQ\XPSWWW[[\ZVOONLU^^SUSHOWMKTMHMJBBBB>KVZWONRVWWXYSHLVYXTMKQVRELYb`QKMSUWSNKGDJONMGTUZWOQRMNRG=AQTLQTRLL[b]UWSRTXSOVYZ[WL@GHQTPOZ[KLQRVW]b[UYXTWdlondca[X^\agjeZNPY__YV[[\_da`c]VOOMJNUY[`jnojYWZ_\YYY_YQORT\\[^YZZSPZ\WUTY[bf`TCKPMS\aZRXYUUMDRRQUSLQemdQU]_YTW[_YWWNOTVVV[\UUUTXb]`cb\SV_\OOVYY[WUVOW^[QT\jtxo^Xaed_OLVfstfY\WX^`a\YZ[WPMWYOQRIFP\\X]_ZP^d[RX[\dfa^]V^jnmljjfa_d^YVY[Y`ddehlmgbZVZ[QSWYYei`UQLWZZbgaSPRQWZ_W\WPQQ[VUVZ[ZV]^WRQRUWchdck‰—–~YXXVX^a\\^[W[WXXYSTY[__\\]YSNPSUUVQOKNTY\YY^`_lwtlZWSZa]QOOSZZUOIRXVYVRTQLUYZWPS^c`^c_PMJMNV`Z]_\[a[VTTVVXZ\]^RMWZPI[dc_VVTMT]\WUVUJ?JQROS\XKKTUOMU\YMDPWQQV\[SS\ZVOTUQNSXWXKNWXVTTPOQQVZ^^YUZ]ZSQLJ^kj_\UUXche]`c`^abbaZS[eaRTY[]]VOUWUTWOT_lnkihbo‚ˆ…ugZYce^ZYYVVUYY]aZ[ZW[`_^_]YY\fnql_]YLTUT`d\SS^idX\[Z_]\[_b\_ih\YUY[Z^\NCLT][bfa[Sdqqi``ddd[RU^edfibV[]^`fmf[VSRSX][SMNR]_]VSXS[`hoxzwshfikoni`^]b_^[T[b`XPX[WSQOLOTQHMOLRSRNUUJELGNQNVjily€||ŠŽ„ssj^Yaccd`XJV\SQWYSHNS[`Z`ieZWVMTVX\cpn\PNQLNSTQNKJSRJMY^YYYUYVX[ZTKHQbaZZ\[W]]TOSUWYXNLNUUWZ\ZQQQQRZSKRSO\\]]W]_WV[\^bjeZUPNMRYZgnj^ZVU^e^YVSTZ[be\QVVSRLPTSRVTMJKQROHPLMOKAMQPQU[_]TJQTRPKPRLLV[^_SH>EONMKSYTKDHNMPQVLGYXKDQaaTNI@CKOQNMJLOGGRUTS[]YPSUNQUNOTDP]ZIIUTVTNIPTNPWSVXVSVVVTUOPMW_dfj`ekjggde^ZXQUXZYZ`gikhd[YSKIAHTVVPP^isupeZY\XZ\WNRPKQXXWY\]_WPUX[TPJObki]NLVUP]ijbXUK=@FOLSZXST[nvoeb^TPW[[Zef^PVRR[ca\XZZUUY]^_[WX\UPX]][\]VTKRXTQPPXjrofc_XY]_[VSdrqeTFU]^`]\__`XJR\YYWRSOVYZ\\]ailg[Y\\_dcYZWQShk^TdlbYYXY]]]YY[][]glkfZPY[UUTWXZ\[UTRQPUbhihb]XY[Z[[TQOK>QVTQUWUUWZ^Y^_aaceddo‰‘Œ|pic[[d_U]XRNOFOXNMY\\\WS]da^VX\ZVUOSQU[\YPVUQ_mqqdWPO[[PMSXYVPLOQXVXVSRYZW^_XICO_`\]^YNQWWX]]WYZUOPTTZXQVX[a`[RQXUPX_Y_bVPTPNTQOMRXUUVSJQUZP?RWIJJPWWUROGFSU[XMOOLQZd^VYSQUTLUT\`_SQMQOW]^WMT\[THGQbkhdZSXX_gg^_fhc^`[XVLR_f`UZ[YLBDPQVTLCO_flg```cs„„v_\XXa`[UVWUY\WUY`b]MV\WS\ijYMVbjne]XSTRT`dbVKZdbZY\]_^]^]^egfde`[X^Z]]YQYWLXgf^^ZR^kke[[glfXQXa\]_\RVWYS`lg`baYUSXXWURSVW[\TSRHJQblqtrne^_kuti_UMTaeeWU]^ZVRYYYWQLIQQIIBCGPZ]`[VSRRS\Z_krmjy€ˆ‹ˆ€ud[SQZ_`^VJPZ]UPSWOFMbi`^`YVUWX\[XSPYf`SIIKKVZYVMR[YSLYb_YQXXVMJRSOO\mvld]\VVUYZXTW[[WKNZ[VVWRRYWMHPQPU]a`_Y[^`baZY_]_gpgYPQRUYWX^`^`YNLV]``_ZV\c]MHPMKHT[[TGFIPSVRQTTSQUTJOXZYUWZWSJQXXQOQHFMRTZ\VPNJINLH98DQTJALWWWWJU]TIPY[Y]^SKPPLLTTNQRGQVX[_\VSXWQHMRSSJKRQLW^[[]WOS[USXVWZ\_]^_YUXVQNJKZ`^Zgkjonh\V][TUZZRSbqvpgb]UPRLIY]WUKJ[eopiXUVQQYWWZZTMPSVOQUY\QOY[Z^[RPZaeedYVWVT\bd_\XPHMVQMQPLKP`mplcZXWURTWbfaPGKDScgfe`XJHPSTXVS]_ZUbe_\^XUQOUaaWLPXcnrmfVOGPTTSXahhfbZZ\VVZ_a^_bVMSXXSQWRJPVVU]lrod[^b`[\ddcZPX`bX[`_`XW[[VSX^_^ZZTU^bd`V[_ZUGO^`VGT[STMDTUZbbYXY^ZTQYZa\RSTWSMZbebb`\]dnroni_l†Ž‰€tfb]daZW_a\VOPUUSX\[UVUV\b]XX]`[QOLINX\[X]]]_eptqeXSUSLLPUY]XUSSYUQNN[][UVUTXOU\`]XSTWVWRTZ[YYXX]YUZ[YSFINNT[PCQXX[VNU`\YYWSVTPRRW_YTWQHV]ZLTa[EHWYUUQFBKP[^ZQNKCLafc_^[LF@COBP_c\MIJI?Zgg]LCOPMMQWZX\_`cb_bheZZ`bWQYZVPHP]efd^RSTSYZPMTTOQR[cbWN^m}„yae`Z_`\VXYMKNUW^decYV^^Y\lsmcHFajcUTXZSMKXgdUYef]OW``aa\YVZcbXV_\RMV]feZ[c[Zdg`[`^`ini[LUfia`fj_`gcYGFISae^U\^ZQPW^a\SRRT\[ZQNWVPM\_^nqncbjz}ugVTQYac^Y`]QJFQ[URRQJJTTMD?BIOW\]a`YVXY]bluxuoz€€‚‡„qc\RJSXPTWTSYXQIJMPT]gc_c[RTSQ\]WXWX]`XNUXUSWY\[WWUOG=KSSKBJNPLSZUFNestjVMZXJHTXOQagb\TV_]UHLV\]QDHNWb_]\VUQU]XYc`YRX^`de[X[\`_[UMSYULSYVVZWZ\[^_XMKMLT[XUURRU[W[[ZVTPJKMRTX^[URQMRUMJYZNSTQKGPWUOIMPMEIKNLKVXSHNUPJQWY^]TPPNP^c`VR\\TTSQLKHOWNLSYYLSVVMHS[UFOYUNTXUMIIMOSMHTZ\]]bfc_\XWWYYSNS]]UY]ckjheYOJKTW[^\\ahppmdSGLFHZ`^\WV\\akmf]\ROURLRU^a`_aYLNO]_RXa\XVPQWVLS]\ULSUFFYYRTTRTWMCNQUZQVba[XRLTZWY\]_VOY\SRU\YXTRUWXQX_XU[\UQ]klaUVTVXU]gfXP\aiqtui]ZWTWPQfomga\[\ZWW_\YRSRMWUVSW\YRSVZ[enqh^^YTX_dfgdZWZ^dfmmb_c`[\[[VY^\XYXLLXjpldccbWPXWSRPSMAGGEHR_cYVRPOMMR_ac]VJIW]\XZ^^caWQSeswnkjbrˆ‹~lZQVWUY`_ZVZTJJJPTTMGHS`[PQPRTRQUTKOSY[YW\]fmttmd^YRHCKN[bZRPU^VOTTW][RMNES[VXONPQQZ`ZJTVSVYUW`_ZZTSTPGMOMWYSKJS[YP^mmd^WW\VSWWZ_XJUZQKPUZU\ZLCSbhf\[YZXXab[ZYSPZdec[URNUUZGRVVUKJKNV\]Z[^^YSU`c^VRU\\UT^gg`SPZWPVYTTWMRfpmaUQTPT[\XRSRFKOZddWWfyŠ‹€skggh\Q[^U]df^W[fkmf]RTU^krsiY_`WQV[bc]TYkmaX]dbYVVX\aegc\XYWPPVUPHTeh]NFRZ^`b`UW_nwrfZOU_bglicbfljcYYUWX\UPRPTUT^gdXRMKSSTUSPMXVTSXdomdadv€ykYXWY`[UXcjdUHGTPEM\\WQRNKJRUVWSXZZXV[\`kidjonkv€‡”‘aT[]\ZXXSROQPLJKS[[RY]X_aYQTRNWZUUTQVWW\^VTTQRTTPMPOBJONPUPMLR[[[RDIY`hic\d\I=DBESYWSUXbc^RNVTQLIFDAPY[^ZSSV\a[\_VR]ZY]gaSTZ[bd_WU`eINW[UGNUWXRMSMHLRMMVVNNWTUUNX`aYRTXWTTSLQXZWOISRKPPB?LRPNTVUPIGDDGIPJHRYYMCKVQIQ]da\VWVVXY\_ZQPUSKKTWNC@PPDHVXQIQYXMN\\TPZ^]SMJFKJJHHLOSXWSS]kocXVTTSPDPZ\^^QLTekmpl]D?]d_da^[ZZjlia^XNINWY^TX^`[`mof]ZX[YOTWZa^X[^^XTZ_^[XYWNLQX\XONS]]^^aWKMPSTUNJMUZ`ca[[XRPSWUPQMNXXVTU__QERUSQNQV]`d`\XY_b]SS^fe[V]_^b_`caVT[`dnvvj]\ZZSO^jkj_NPRTXVTVNNV[X]\[\YULKJKPSV]caWTUUQYhi_X\ba]\Z\giaY\\[W]`afke\ZWTR_kneXXa]SRWXSPOHS^]NMQXYUOTPDJOSR\^[YTDJW[\WVXcf[RNPdonf\U[vœ•‰~nc`XNPVVRLRVOJS\[]VJDYfbRNVZWSWZ\TLRNOOHOR_lrvxqhXJKQPPU^YJHMWOBP[WTXWLLFAOZ]VNNV[Y^\TFCNWZWY[YZYQJLWRMTVOU`\VYaaVD]li]UWURQZ]YUUOMEAEES[\RRRSHL]b\TVVX_]_^Z[bb^Z^`^[VPX`aZRNY``UHQ]aXON[_ZNAYc`\ZZ`bTCWac^ZRRMHNPLMUOS_mqhQJKPLRXXWT\[UWY`aY`ag~‘–ŠtjifcVVQMXcieYV^dfdXFIMV[clgclpncVU`faWV_fa]YTPX^\ZZ[eqtlb_WOOWZZVWbd[PIDLTZ[ZXJUhppja\TQZfmkdjtpge^[^UPTSRY[X]bacb[ULAKSX]b^Y_V\VTWadedfmtpg]YQQ\Y[\^`^]ZPU[VIO[\UHHPPRTXTXTTYRQVV[bb_Zei`guƒ••‹xebicSSYOUYXTSSSY[YMR^ZY_b`ZVQQNMPXXPIQZ^VLOEGNWUQXYN@PUVYYWTRUWSIRWR[eki[_gbPJKFX^[VXX]\ZWPV[WMKOLAN^bXJHNQVY^TPTU[]VOKXcjfb^XORWYW`LW]]VQW]ZPHGICO]\OVWUTXZV[_GLSVRJNQTRWVPXZVKNROPTUMAEGFHHILMNUOHKKXZSTRQVTY\XRLLORV]^]X^[OSTWTKNUQV\YVNMUWUZ_]TJLSYQW\ZTVV[WPMKSTNEJUZWVQJS^aecXTWTQOMPWXU]XUZ_ehjnid^foojhjmf^^ca`fhbXOJRY[Y\XWQWde]]\UUIIZcc\SR]gibZRTWTV^JEPPTRLJPbkjgea\YYPOV[SR\]\c``dbWTPVYVOGDU\]TTY]^__YKPTMKNZ]]XZbcb[W]fc_aadf_TZ^_a`\VVSMbstgYSLNOW[ZcaYX\[WVKKWW^_ZTPNV_c^VKQZ_^VT[`aWUa`ehd\]abZYVR_om[WWWSQNW`gkie\XW\afc]YPWWRTZWX[PQ^e\PTSY`[TTLGKNHJUOSV\SSSSPQNIPWY][Y]_bedi`yŒ‘Œ†sh[LKZa_SUdc[^eabc[PW_TDJWYWUY]bZX^YSMGKSZackqrmbYLLYYSRQJTYVKIRbbULMIJLKMP[Z[[WUMKMRPHKQOVW[WX[YOMW\RPVVWcaZVVXa^X`fc\YXQU`ac][YSQLGBM\gaVQVYSYcc]TXXRQW]YPT]]WMR\XTRUZ_]O]YXSZ[OV^YOKLZa^RS\bY\^agg]THRWVWWSSSUW]ZRU_`ahhXHPZVV\WSVXZQQVX^_Wbbf}‘„rppf`^QGOXX]`\ZYY_]RSXZXY_a]Zivti_cd]Y^c\\eb\T_`Z^b^bltpc[WNQW[]]_``QENRQMRXUMFS`d^`kji\Xchfcjwvg]bef[QSNPZ[VY]ccd[STQFT_cfe`]dZ_Z[fknicji_YUWWVRZ_``]akcNQYSNQWVNHMVZ[]ZPOPUY[ch^[`bY\gggh|ˆŒ‹€tnnol]RXRLSVTSUTXW[ZQX]^^adc]Z[Y[[YWTFDBOWZb_UT^a\]^[GJSX]___ab_bXVaZU^gjaUZYVRYTWce_SOTWSRR^`YRMLNHK^d_NMOIKNTSNMNRUV[WObigb`N=EPUNK_WXTSSVXVUQRYVUac`__XPU\Z^c_XMLSKB=HRTURMTUPRTWPSTRVWRKCJLHGFN\WJJJHQVXOMY\TRUKDQQNV^_WUTVUWVXVLFDKMNNTTIMWZ]acWGBKTUTTNIOUOUUMGONEENUVXXSOX^ZVTUOT]XOIQWUU\cbddZ[elmjiowviflqqf[XU[_daZW\_c^`d^XWYZYUXZUTYTSY]`cfdfd`XOX_[XciJRPOQIG\jkifbdid[LSXTMQSV[STdaVX\Z_bZRRNUYYSO[ZXXTFALTOFHWafcaed`W]fga\_^YX[[YY[ZSNRRGMguwj[TLLVXX]^[[X\VSUNPQU^bdff^Y^`^TV`cc`[apsnUW[Y]_a^[^[WY]hqrd[VNQWPU\ahqqhVQZ^X[edYVV[^cb^]ZKPY_[V`ij]SSQTLMIFRMTUYWXXXUXXZ[^^]a]YWPWflkkt„‰‰‰„w]V_c`dcVV]^aaVLXWP\dXILLIQVWTQY]`YZYQOQRY[ky|m`VLRMLOSUSYUPSS[_YRPMOTTREJU^b`VNJOKLTPKKONOXWYYVUSRKDQWUTUOIJEJUYWYYY^Z]`ab\cc[PURGSX_ieXNKPW]agd^]XPTWacXRTVVPT\YWVSZ`_YT]_\cc]\[]WSY]_\ROUYVWUXaa[^][[]]^SLPQX[ZVV][afb\UX[UUWWWY\XO[_^ceccddr‡’“„rnoki[LU]`bb``_]YVPNV[^Y\]VYUcpoh`dd`dkmhded_^\QVebcchjeXQLS][Z_db\RCT^ca\^]]\]`dXRlxwjcghhms{yhbjkbWMFJWXPOP[lngTQSQNMQ\]ZZ\\\Z\glm^aqtjNEJXa_aa^]VXgi_QPVVSLROFI\WR\a\X`]QFW`cY^deZS]edp‚‹ŽŠ‚}qkj]W]ZOPVSWYZ_\V]YTYZXYYYWTUWXUWVWUSMNOVab[PY[OLMTLQXQ^gf^X^c^YVYYOKXceb[VVY\c_TWVMHPW_UKY^THSXXYRMW[YZZZTKNRRPBEST\_RQ[V^aZNRHFOQ\eYXUOLRPSNHX]Y`_]_^[UOPV[d`[UMQPMRRRNMNHLTTOLMMSVOSWVVOE>>GQNNPOQOHNWWLESVQGMG@QXOISSOEJILQY[VOKIQYUMKIKVbf`[VUPDFNMONSUOJHLRMNOROITWSSUTMKUTTVX[PLUO?HX_\VYY[`]USVW\jtzzh[ekg_[\abb_ZZbfgaZW[[XV\fga^`e\Y]bfb\WZ\ZVZc_UYYRY_YRXTXRJS\_^_aficYSTSNMMOKUUW[[WMTZZcdZMPUSXWURY_bWIGMMOQQLRWYXX^b_X_e^VWY]bb`XPVXTRU[YYbq{xl^SNUZ\[\a_W[VQX^]TOT\\]eefaYZMWeic^XZenpj[XZ_Z`da_ZVXZ[`cb\UPU_[Z_]bktung^[TPfkf`SPSVZ\]VPEN]dbaccWPXTWWV]\V^SOPQX[WXVJORU]bbie\Z]__bdm{‡Š‹‰‚r]\WSYhh`PPXVSKSXRYeg`UJKR]]]SQ[\TQWSPLYc`[ix€tcPRUXVWYTU[YJJSZ[ZWROQPPM=K\_\VTTRQQONMPRRX^__TQQLNPPONONDOVRIBNWW[cc_YVac_U[c_WVWOV__b[GNX[cd^`a\Z]\WU^eVMNLQVX\\ZWUZ][XVTVWahiijf`XS[fjbZV`eYGLY_a^Z\[WWdc[SRSUXXV\bcf^WYTXYXUPVXZZY]a`bggfdaizŠ“}ojljcZU^acaVU_aba_\VYXVUNXd_Y^a^`b\USV_b^WTYTOJHRY[^doqeXMJNKHRXZQNIU[[_agd]a^\^]Uf}…mjj[dlqrmfbjpkce\QPWVNHMenlbUVRNJU]]^^\Y[`[`egjnyvbVXT[_\`\ZXMPXSHMUNMNJEOS[XRW`bbY`^X]`^YWYXVU\giio|ˆ‹ˆvdcbYWXYYYSRUW\_UQ]]XTSTRUQMVa`VT\^\^ZTUYXYZVZTPIIDM]bZWWZTS\_XV\YXW[ccgnk]ORPTZ`\V[YSQTTLCQPJUVQWXLPZ``VRRVYVVSJCKOWXZcdWV]^_]_XSWVcf^\X\]RPVRPSUXXOWZUORONVWR]bJBBT`_SGCEPUTZVMMKCLPSTMFMKEGNRSWTOTXRTTOF6AJMOSSIBNURORSVWQJMTVRRXVTQIBCFLYacfb_XOHCFFIFGTVRHCEFJLNKRUQHLONPLECEELRUPQLBBDV[YYXRUZ[VQNV_hmmgYbfdZVcggg[MKU`fd]RQ^`UXafg`adje^ZXWUWWQNPYeh^ZWNNQSQYVPVTKOY^^UPXaZKN^c[RSY[RMQTQSSUVUZa[TU\`a^ZTVahcSORPNKNOC@LUUV]YRVbf``fhida^WXUMQV]a^[[jokeXORTQU[ddZTXNOXZTIR__Y\`hlc\UCS[WRV^cfeff\YYWY^a`XSU[a\]^YULIKQ[^[RW]kvvna\SWdklhaVRZ]c_QKP_`ab[WQRXZ\ZTUVSYbVZ]VUZSJJJHPR]koaU[\bgdboy}‹‘Ž}dUKP_ieZMFNNVXRKBU_ef\QSRVXUOPPMNPSTPGHVTR`rxvnfYWVUONQRY]VKKRSUU\]TW\ZLJSSPPMQXWUPDCLN[fbUSUXVL@OX[TOSIL]^RNX_UQ]b_\VKV__^_WOPPOMVXY[RMV]dd\UPXYXTT]]WVSSTLNR[ZVORTSSX[]]^dc`fnmbYYRZhjedfg\FT^YRSWXVYRT^[RR[XIRMTahaUYWW\[[VSTSTUX_`\Y`aaehgit€ˆ…vgb`XVLR^_`XU[[\_^ZZ[\c_KR_[Velg_db\LPYca[VWPGKMU\]`]`c^WMLVVLTTUSHGVecW]fdZUW^``cZi‚ˆlbb^hiUSdlkicY_\X_cfe]GLYknfabbVN[XROSY[``]ab_knswrh[YSPT[\\Z\VPRRLKUSRbZFNRTZ^^\cdYW^a]_`TJWZUY\aedZd}ˆŽ„u^VVXRUWWUQSTS[_XX[[QOSX\\\^`]VISZVWWUXY\YVO[^VRURP\e`YVKKX_YPU]]VYZ]cemrn`SWXSZ]TY]\VPIA=GQKX]JHQUXVVTUSKOQVVUKLYZWWQZbXQ]Y\de\V[\bc]cdc^WVPJRURSMXb`TILRSXX]`ZXNGRXQD>HPPLQOKJLECPTSPOOPPOQPPOTSQXXYXRSQLLIIEHIJKKJJMNKPRHBGMVYVY[]ZMDGJPSWaa]]SGPSPRRJPW[SJRTSNODGTOG@CLUUSRJMQSQSUPLQPS[VILJDLRPTYY\[_aabfgd_[_cikg`[YZ`cedcdiaM^d`\WW\c`XRSUTQZZQGQZVTUPNQZ]WFOWTMHJSVTUSHLOIMTRSMTZZ]YKIVWWSONZ\YTVZ^ZTKRW^`]^[RSSLENSV]\YY[SQajeZ^ehe__YYVHEKUZ[TVYY[^ZTZZPOW]_`b^TNVVVSUYVW^eefaWJ9FJGFNPZbbcgg^^[[^YVYWU]`\XYRIOUPU`UPTTSgrumdbd^_bc_YZY^[]bZPZ]XUZ`]WWWX[]XSNOVYcMNYXHPPLSRMQRLR[_^ZQPUafouyy{ˆ‰v^SVVdjg]QMR`d\OGILTagfYPWZPQZTGIPLOUP?BWTM\ceeg`YUQHFONNNOLSY]]VOTRU^[LQOOOOMFGKQRJRWLMad[RSZZXWQRWVRSSGVYURV^WIJXadaRDLZgg]MMRPSUY]ZVUZTZaYYPBMXYX_dWMIPZTLV]_TUXXSHLTQUZ`TTbe_ZcbS]he`fg]UT\a`]\aZX]bXSLHW`YPSR`mrkc_ZY[XUYZSSRLS^^X\`difiljl}†…yg[ZTXTLERVTYVMHST]bbhj]U[acbhf[S]\RMN_e\YVVOPTW_bcb\Yad_X^d]WWUSRUZff\Taba\Y]ba_cU`z|n[UWdj]Pdqof^`cXQ]gdaXOABY_XZfmgYR@AFLRRUQagnmhktzvaUK?BVXTSL]cXGES]WNRTSSYYOTbZV[_YZ]b]X\]YXUV\a``]afh|ˆˆ€tb^[\]^YVXZW\efb_\__\Z`ec`aXSPVVTX]`ZXUXWVX\^]`ca[X`d[MIGMWSGFRYW[aWW^`dig[`e_ZTMQX[URWPFHTSWd\PSY\WWZ`^UH@@T_[PUYWYYRUUR\`[WSRV^\Z[acdcZV\[TJSZ[ZTRX]]TJLWWUVRRPI>HUWVUTH@BBKVSSOOMONRVQOOJQSPNPPQUXYTQOVWOKIKGHLQQOSROPPOMJKP_a]YOMMNKJTW[ef_ZTNS]ZVVUTNSZROW[\UPMLLKFFKSTQURKJMRVUQFORNOPKU]WLPSRV`a[WXVVbihecbahic[`eebccmohebYRTNPV]^\baVXbcWWZRIAGJGNNQRTYSUSIHGCJSWVTRPSRLSPTWMJQVdkaUTRQJNPQWY[VNPQQNNRNNY][TY\VF?TZ[bbcid_cmqgY[fe]YW[XRPLMOUY[a_`fhfb\UOSWZ]gmjWV]ZVSUNP^c`YYZYTUWTQRTTegcZXXVTOTSR[\]dc\TX[ZQYZ[YSQXW[hqohde[U`heZSXUURITRMTVWPSRVWVTNRZWZSWSDV^Za]KJPNTURW`^[XYYTST[bemsx}}}€~vi[acbafiaXRZ_\XUUXSR_dZFOXSNSUPSSMHOOOVZYSZ^W`^VP^`XFKPSNOTYWZbb[QMQYUCFIFMOLFILMPJOTQHJSTSMQWXXSRSPONTQSXQIISXYTORX^_ROXdhd_TRSQMT^]WPNLMZZUWVT]\MS]]ZUQRWTTRMJGPWOCAIOTX_\RSXTVgkd_lne`b`_\Z]a]UXXW[^YT[X\fg[RU[ipolkc^VDL^^QLPRQTTTSZ`kolmlghz‡‹ƒpad_]TNPXYSPYUO[_YU\gf\WZdhgaYSX^YRT_c^YTMJNOQV\]YVU_ifZ^c^UVZYXZVU\\XYZ\WUXcgbb_]fkli`X[cd`aiieZ]cYYabZXUNRRY]TSclkkfOCGBMQSRQgopppw}}q\SMPX[XVMQbaH?I[`XZXONYZTMWZ[cc_]]SSQR[ee_]\XXWX[ie_z‡Šˆse[\]c]U[_^[bgc[TR_aYRXY]_[UPQWSPPW[VUVTW_^YWXTIQZ`b`QKSPWWOMIGJUV\ZXLGKV^de_]TJKWZPNWVRNPSMV\[QU[UTZ][[WVSOVWN>JUXXRPPQ\caYS`kneVU]aVWRPQYZZY_`_WRSXRNTTMOQPLITLOPTQLUTQJEKOQOSXQJSSNQOGEFELQTUQMPTXTMIR[\[VTOIMPOLMMLPQEBS[V\cbZQLIHFJOV\^_\XNHIMRVXW[S@PTOKU[YQMMPOLIGRQ@DNUQHOVXUNIRTPU\^ZSSPTX^_`_VUTJP^dgda^blh^XYegb^jqokd`]YQEISW\^`^^df_VUOPRWURPIJVWXVSTYVVUYW_d]TJRWGNRQS[[UNYeie\\_[SWXSYVYUSZ`aVLFCSUNQPUWTPORW_`eljc`chjcVZ_VT]eaZ`c`YX[UT\_gkfc[PU[Y]_`szm[VXZUPQYdibXVVTSSUYYOSQV`acabbWKKN[`gnpi[JLS]]Xdf^YZXQPcopjeidVU]_UJQRMPLKW[[UTPLNRUWZZXZYWZ^YLFI\ej[MGMWUUZ\b`agh]LQX\`_diq{~{ƒƒo[ee]`gc\WY[Y]^ZWWV\^UHEMUY\\XXUJGJPNW^\[\\^hjcSUee^SGMONX^XSZXQKLPZYKGPOQRSTOSXVNQOLHMPVSUPGKMNPRRSQURRXSKTWW[VPOJHTWLJU]didZ^[JCNRUUMNNSYTLTX[YONSPTTRRUVXTKBDLJOLJNMRYZ^eaRMRZegbTajc[TRX^WPVggbWNTOISSWbkkcYVYaa]\eli]IO^`P@EILVXXJGZehjnhgmt‰ŠƒreYNEJUWZ[[^US[_`_Z^a]UONYedb`\]\ZZ`a][YWPLHELOUPNSW`jlh`XTPPVVSVRQUW]ba]T^iidadagr{{qb``bffc\\aTPX_dgfjifWJWejcahgmn]DQJDTVNV`upljuumaNNRVZXZVQOQYWHNUZ[YWVOPRFFNO]fkgb]SQLLYa[\`\XZYS[aVc|‰Ž†vjXWbb\POSTWW_ZPKRWWTOU`a^[]VTXWTOYZTSROSXX\fcNJRT^cYPVSSSMUXUQPPPT[YLDHT\X[b[QQX\\WSQQJIQQMPW[WST\]\X[_`aYUQIGCPXNQSSR_hfZVbnqmcVR^ZYYVR^fgdYWUQQTZ\VQWSSPKONZeJOPLMNSRHHIJQUNOXQMTWQOKNNJIOTQRMOOXZVMHLQ\]XURILWWOGNUYZYJIGJQ^e`WVYWTOKX^[PUUVVUUPEOV\\][TJUVPKSZWUTOQURTROSUURKNXZZTS^VRemh\Z[X\cd\^XVXWZYTdigcace_WW__`\dkkeddaa]UTV\bd`[]aYUQNY_ba^ZSROY[WV\b_``^YTZ]ZVNMDK[eb\ZTJT][_]]]]WRZ]]a`^]\_c]WX[VTLSYZ_c_XTX`\Y^_`acficWHPWZ]cfcdebYS]bZVUYghb\V[_UMRW`li_TOV\YOQ_edcbdaZRS\_SDJZcffb_aaQGPUXZdilh__UPOXmsk^]aYXbge_aeg`OHT[VRSVVPLWacdaZQNTZ]]Z[]]`ed[MINTa\_ZTOUZUURRX\bd_UPUYUX\^[eojtŽ”‰kU\WMV``WR\_YZ^[USU\aZQQMEJMQ^aS>JNIMRU]]`^`bae[T[__ZHKPWWLKVYVORUX][RPQVYVSKHTZYXPNSLPW\`^\XTOQUURUWVW\T@PX[`hhc[MHRZ[QXfmg\]\QHNPVWKKQY\^NRYYOJOMINNNQJGPLHPRUSPXPLRQTYWSa[[ST^Z\YX[VQOPW]WRTdrtfZQFK[`YVenhZX[`ed[]gnjcTRYVMNRIQ_`VMNUUZei]agms{}t`SRTZ[WR\beYOR\abZV\b`XY_a^[^WURSZ_\UZcgh]RKPUZWUTMT_kpib\Z_YLDKUTNTVWUXT[b``he_Zht{wpnjfeegc]acZZ^Y\`bhdbZOXajhd_aheTMQIY_WN_pskdgjf_RRVMTYZSKMRZ^UNX]b_[YSKNMEGPajjc[_ZWQHTZWW]\YXVORdg]ft‚‰€p_\aaWMPU][UQVTI?KRVVX\_`bd`[QOSSTPKKMMKHRbe]RODS_XLWZTNJLDMVUWYSSXVNJQTTUXWTZegc`a]YSHPVMN_b[\[^_\\\Zbcb[YVOSPOJQ]\TRW]YW\aaheaZUTU[_X[hcXJIMRNPTY\^`_\SCOOT_^OHNMRVTF5BJLMOVSF?ILOIEIJNTWSPQTXPKLKIDKUUYRKQW\ZVNKVWXZYWTMEN[]b`\XVUWOSec[WUMGMVXVURPPW_\RUYOPYZXRJIHPUSLMQWW[[NLT^edXQM^nk\OTWQY[RNNMVWX]XVbdb`_akdW^c^_fijmnnedaUQV]gnl\KPTTRQZ_^_YTQTYVUTPV_bWM[VRQRMUXOACEP_fa`XSPQS[`acaVIDRZ`a_^[UVWQTZ]YUYfkg`[NHT][QSUWQUa`QKIV^\Z]X[_\ZPGLZXJJMW^ZX]`]TPRMVbd`XUV\a`QSVOU_def]UYYUMHI^gc]\\a^XZPMUNJ\c_[UMOWmvrc]WV\bbb^cnkbUPW[^[XWXW\QPXacWEILWcb[UTSPZcZIGIN_g^b^YZZTUW]_]URLGIQTVX\cefns†ŒyYZ]QQ^fcUX\^XUQRQV]^ULNWSRORWWWTUTKPTV\YJNcaZ][YZTTZSHTUSKGOJNLRWMLSVVTWXVPOBOVXWTMS[\Z]XWUTSJGPNLOX\]]XJLOP]oul\MQZcb\O[nscQRPIJOSQVTRLW`^VRVUR[WIBLMKGMOOIIJSWZ^WKMMNUYWVSWWW\\\`_a^\ZY``VKS_krnf]Y[b_UOWege`^W\bYVY[```ZW][SYXRVPPUTRXY_d]`\\f{„~kQ[bbd_WacfeZTV^ZWZZVWVZchbYXUSPQYcifhjloeTYWT\^_`VS[hqoga[[Z\]XTWWXXWVURU[XU]_[T\`\bjold[V[d__`YYYU\^X\\[`aY_nr]YWY^WNMTW\YYap}ea`Z[WPVaYT\b_YNPT^][[_aa`]YTRXRCJZil]PXQPQKW]]WWZ[[^WPaigcfiz‰‘“‚nd_]TJNLLMX[YSPKJQSPVbf]SW`^[VVROOHDHPTU\^c`_]UV^[QVRMJJUOEQQMURGXca\YWUVVSLR`kib_]a]TPMIIYbYOW__a`_XTQOPLOIRXXQSSSRQMRWX_Z^`[UWYZWSUVRXYUTLT^XMMQUTXXWWMOS^a^[MPNMQMFDCHMNKNPMMSMGEFHIQURV[TXbZPNPSOJOROLPOV_`[NMUUTSQTTPISWXUXRPOIRWU\ba[TOI?LTTNKPQUVVXWZ[XXUMJKOTOKHNQWWOIK?CUZ`da[X\cbWTONOZd_THPVXVae]ceXUW[kpfZXXY`efmlc]baPOWYbmndSRUUTQEHW^]^YTPWVUPIJQOOYVSTWQHKMRXUU^]XQOX\XY`]X]aWHFJX_b^ZSJMPPJNS[`Z[cc`YTSV]\VOSVLKOPIRWVWTQWTTWWTVPP^]QMLPVXS[bZHBHM[daWOV[cg`ROYQOZ[Z_`SPSVVRLU`a^_WX`f_UONNNXhgYNKONZii^NG;L_ab_aee`]WW^^VX]YQOPK[ijcNOSW`b\XTSOQ^[NHKMPX]Z\XRTW[Y[be[FBMNUa^PMafdim~ˆ„|qkihb]YZTPXa]SOFMSZY]]SNTWUXYRJKOOQVYUUTQW`YWbaXSSSSSNQYVYVPNFDKUVTTX\\]\XSSPKQPTY\RLQ[[SPLNPPKFGNR[_\[XZZSU?ReeVKNXefbZPblhYJMTROMPPQTU]a\UQWQTZOAAGOG@IMQRPGIOTULAMTSQU^]QIW_c`YUUSSTZXYZVTST[eh_UX\^bZUXY[XZXMOYYXZY`]NIS\WGBM_a\NKGYijceeea[lŠ‹‚l[`_aeljgdg^LVYV[ac^QLN[^YRX][VKSakieeffd```]]`b]WRW]c`[TMXcki`RQ[ff`bb]WUUS[]_]]^b^]cc[QPRUW`_U[\]ckdXVZ[__\muhNL]`[VQSZ`_]]hxqg`ceaSN\_QPW\WPTRQU\baUVVXZUT]^TGR`iaUOMT]YX\SSS[`^`aTU^ddck„’ ”€oljb]\UIOW\[SOUMMTU[hh`MFFQSTX[]VHNGFNTZ`]]dc[Vae^XZY[Z[XOPTSVTNP]]^_YZYTWWPU_d`[TTXVTMIGN`cZ_dc^]db[SFIDMXYSMOSTONMOWVUYWV_bXW\^a__Z^XVUOPQQSUTOQW\SPJNS\\YY_TVWSPKGHH>=COW]]VNPRNHIU\UR\ZU\ZPOSRQKOUOLQMPVTSSTZUPQIMKIHORHFQPPURKQTOSY[W\]UKKPRMNMNNMMPSX\RLMIFDKMB;?ALOKLOPLQPUUWWSTZ_^YPCKPW^[OXb__cjd`jga`^\cc[WRGS]fcaXR_bXT[YWY`daZXZZYM=P_bacaZV\`\QMSWWXVih`\XUVUWWWZWQTY]bggeabhgWEFJQYcdaZNHOSRVXTY\OJPYYVXUSUTVXVTUVSQWVZZ\YVTX^a`\VW[[WXYYYUURVUWTTUX_`ZY\[W]a[X^_WSODV\VIY^VTS^d[VbaU]a]LGRYUNU^`a`UO`fe^ZSFP]mrm_ZV\c`\TUUPVXLQPITce_UXSJ\c]RT]ZTVNKTRSYYUOPTPMSXVNN]fdXSZSS_\WSYYS_oz‡Œ„ujkf[PF>LX]]VSQSUTQZRGNTSVXZ[[UORYYUUYXW]_`dc_YXZPKNKQZ\[VY\UQQRSOPUVWUPPRUTSSLUVYPGQYYRLGLQTQNQQR[ZSRX`\TMSW^aYRY^_WY_gibSLOXZSX_[LKNV^ZQPQSX\OBCFHHF?DMQTQQOPXVFHTTX\]]ZUXWWWWWSI?EPRQU[\]\]b_OEFK\`Xae^RN[[VROLU\hk]MQXXZUMY^\YWX^gh`\dgjeahxŠˆsc[_kuueV_`V[^ZTUXY[][RMMOVX\_WN^hha\WYXVWX`aYYZXTOW]a^TMVgol\ON\gmidgdcaaVTah_W\pwpdZPCQX^fnpgabbgokc`ba\][bkh[IPWUXPS\_be^Tgwxlgepql_ZYPNNUWPLRYW[cca^__WRMS_YKT[dgcYQX\_XTQWW[ca]^SR]fjea{‹•–Š}{plg]YQO[^XVSMUNMOT^cb[XURRNPP\feSKOINLSXQJU\ZS\ee\QJW\ZWUSQVWSSPMRX\WWeiee]SVcfcZWTSURSTUgogaa]ZVXddaMGSRRVTVXTURTQOPPPSOQVUX[]]_WZZVf`\a^UWV[bc[QZ^SGGJT^`[SSLQUMNKMKE;9DPU^a\WVXNFNVRKW[RKJKLNFHKNLGDMOTTHBGP[VCOUSMIOMMMIQYTNPCANV^b_[YYVRNLMOPPMIJQQGFIPOHMNFDHOI?>JQQWVMLPGJZWJQX[]^`]VVRT\[QZ^XXRTYX]WUZZWY\`hmgZURPTWRVYTPZ`[U^`ZVR[\^[OCIRVWae^VX_`XY]YRGQ`^`b`ac\ZXSHLX_[WNUYRS^bYONTZTTYZUPQOMMV_\WWQFCT\WPKMURSYZUPTWZ[X[aeheWN[be^ZUOJEABNZ\SRQTZ]^\QOX]^\XNPYYXUVXVTVZ^WUQUSTTV^ZXdf\QZYTTR]d]WNQT\[TaebYYWIW\gnjZLLX`b][X[WOTS\cZRY]]Z[`XSSQWZXVQUTNRS\cee]RS]VSWUI?MW]]\[WRWVFNX\WZk~‰‘“Ž†ugpgYVVUTOFX\SPUZRFLHDMILYUKLY[YSVYQFU^a^ZY\`d^RVVJKTRJNXXSXXORTOLMORUQIEOPIRRSQIRXLMJNYTLMUXWXUQJPTTUWTWVUVRQZXOPWPMU_gjacTUZVNW_ZLKFIRPIIJIIRTRPEARYTJLSTLNMJV]ZOGJQYZZTTQMMXZWTVXVOQQ[_WXdje[UODQ_c_\_]TK[c^WRLNYdh\LOW^b]YVVNIOUW_fbXVYbgcXh‚‘mkZQ_jj\Y_Z^d\WYXR_ih`[TUUMITWRUdiaXVSQPS\YVWWUSRQV^ce_]\hpohbZVbc`_cdinmg\j|{oevwqkcd__YS[^\__^X]ghahid`][]\]\ULNTZTR\_[^fkquqfkdfng]]]QLNS[]VOZ^^ZZ]ZZ^a_RQ_[NMQSafa]XLV\W^b^]bb]VQMWZ]aZ^k|ƒ€ƒˆ„re`_\VTVWY]WVTMDQdoqgTNPURVZW[]]\QIEUXYTNNRUSQNORQDJQUVRVZ]_YU[WUYWX\^cff`WSdnj\MIORUQOP^mlbYV[\]eih]SWYTSVUSKTZ[\YPQTVPR[[URSR[bcdaaec`[WTT\Y]_]Y]YQPPQR[ZTNNINIGJLNKLHDJKNSXQKMJHRXTRQRWTEAFINQTQPMMNPXWROLLU]VU\_\RLOQVUNQYWVQKMJUZYTRSVSQQXWRTVURQNAC?LSPRSPNMNNJGAEKVUOSQOOSQPSORUU__Z_YR]]TNJQVSTVTRTW_^WX^_bffe_WT`g\QOPS\`[W`cV\^``dfb\Y[]WV_`XSVRNPUWSKGSRQUW`jlhd]NLOZ^XONOOP[`\ROMVSS\[SPPPOBDU^]\UROWYVUIR__VWWQEQWWXZX[beaXPY_f`QOSXWPLKW^ZV^]RIR[YST[ae\NNQRSRWYYRQ\fcZVSPQSTVQPYc_WZYV^\`aVQPOW[ZafecdfbWYagih^U[`eaV^^WVOUW_f`WTXZTV^_VRPO]aXLOPGLQS\^]_^[X[RHNQNLRYYSQPXZ[WOWWTZYl€Š‹‰„zipqWK[`ZWNHRZ\]YOFNTRSOLTXRNSYX[VRUNHNVWPPVdnmaZ]_[cc\VKPLLIFIUXTKIS[\SHMPLTQPLKX_ZVVMRZTWZZVUSNNQZ[RWRIRVWPJJKOUORW\[]^dhg^TPRXZUCLOMNOEGNQOHLQQPMQ[\SKQKRYULTYXVSKOTWXSPJLNHRROUSX^\XQQZWSWb`\\XV]baZYY[`YS[ZVTUZ_\[^a]WXZVQTTMS^WGDMSWVNVghaVlƒ€rdWWbd^\bc_deVUVYY^_]WZ`_XSQLFWde`bbcdaZWXLT_^USTX^``TNXcga`]YW]cXVYV[jpmbYhtnfotu{vf^dfg`RQ]caVQYZXdic^XVQPY][QRV\YUZ^YWWbm{~n\bjeaicYTQ^d\OJTYXX][UPPVZYYQEMTTX\USTKQUT]acabdd\FGRXZeic`l‰’‰†‰€q^\ea[UUUVUSPRRQY^igXVWRNOSW[]]]WOKFTZ]]PJRQOQNMRVWQFGMZ^`^ZZWUPLMMUSPVSSVOPahdZSVROAGMR\df_ORUY_baa]VTTV]a[MNRVZXKSXWWQN[^WLNWbhgabhg_SKST\]W[ZVQI>>GQMRQKNNNLMMQSVVVULELMKBDIHLNOMLMOMJIQSPJNLKRXSMPNDGGQYXUY_a\XUUOIOQSG;HVWVGII=LY\SGT\XQXWZYUOHMKLKQLIPVWVRQSQMNNJDDKOMKFDVWOPRPPXX`b]XXSVSHFKPGEFLNJILONMJMNTWTNIOMKQJHAEQWPPJHPVURTVVRMVY[UHWZZ\QUXS\`[PKITYecYYW\\RONR\hlka`]X]\\]VNW[[]YSR^fnutronnda[VY][UNLNSVWMQQTSTY[^`^^[WNTZSFDKFMTXZWMLMWZZWTIGNNWXQUW[[\ZYYVRRWYTQX^b_\_^cfga^_ZYWRUYRUWSO\YHLR[`]SMR\b]^]YTNKKWb^VQXbgfc^bXSWPBHR`ggc^RITafcWS^ehg\TUTPT\enj^WX\YVYee]Z\b^Z[[YVNLWWWUPWZ]`d[NLJUTTTRTTVSMOSTZOU\ZWUWST]afcSV_\ZYZZ^egie`wŠ“Žƒqc\ahcXTY_`YQTWSLOPMQVXPT[TJLPTSHOX`fdYW\VXhssmh[TXUPU[YX^^WNHBDQVRJGADLNVVURIJDHHMOHNTXYSNWYOGLRPSVVUONSXUQSWSUUUTNY[TQRVXUTWTW\TER`dbYVYSOSLNWVVTSVNPWY\[XWQQVTQMIPJFJQPQUUVINRUVUVZ]WTTUYZXVSQVZUSL?=LX\XRWZ]]\b]VV[[^gliZQXVYacZRXbbYNQ[[ZUf{‹’‡oNZ```^UOO?HUVNZgh\VYY^^Z[[XWTV^]U[^WYa^^YROSU\YYXQN[hkgdYWggZcqxmWWddc\WRNNOS^T\owufW][^cc[UZda^^]ZWSNW\WSYdd\[^^][]`fhih^U_n||rdcf_X[d_S\^VSSPPLT[XPW\^\VTSU_^Y]^L;LSVWVZbc^[a`aa^a`^\\_cddw‹ˆ…Š†rmok`\USZ[YWOFLTaigfgcXRRU\\ZXXUOJ`ef\TUW`a]QFALTNNPTTOQLIISXZXRMNLVaadfg`XXXOMRQQNVY\]ZVYXRcjaVeWWOQRYYVZ^ab^Z[ZSPY\PLKKQTSNWdcYRV\efeZYWQRWTQMMOQSRW^]VZb_XPPRPHEKOQQSPOLVTDOPHIHGHCOOLJLTTQTQKKJJHLNLNNK>@DLMNMMPSUSRYZSG?AGQOQMS\a][VZXUGJMTTOJNTVSTWQPNPQSQNOJHPMMUPMTQNPSTNNTQLOYZYTXZ[\SLLKTYXVPOV_b_RTW\WIV\]cc_bfhdYUV_gi\MTVY^XQX`fge\\bhhdacdddZPMPYXV`ULDHKS`db^]ba`ab]RJLLDEJJU[[QIQRSRMINPQYVUY`]STWYWTWWOEDMZ]XMNVZ^]VZ`_XUX[^VTVUTZUKRQLTUVWSX``\ZZWVUQT[ZOPTQS[]cbZLJCJVZY[[XOJQ[]\`_[cheg[RZ`_[cfhmla\aYZ^[b]NK]e`TYQICFRYWTSQTVYV[^^YX[VPS[]UNKOV\^YW]TP[ZWRJ\krm]Yb^U[c^Zdffc_gzƒƒ€znkng\[[XY[VTSPTPJGALV[VYa`YRRVVVZYVbd_bgc]Yage]VPMSSMTXQNX\XOLKHFLBENPSQLUXSEFEHJGJMKPTPKHDKSMKEKX^[URQVe[VTQJKPYZNNY_][]XNKIPPNMW[^[^XPRLIDGQX^^[]]TSRSRUPPSUXSKJKQ[]XNJSY]\XWLNNRWZXOSWWX\YPMPX_`ZMM_bZ[UW\]`aa^TPTQQQ_jf]ZY[RSXX\caTSW[Xbjhj|‡€veUWQ_d_XQTTSP[_bh_QUZ`]UZ]_UOTWY]mrgVXYTTTJQST\YPNNT]e`[\aeg_W\jrla[XXRU]_a`\QSWaonlloj`\gj\O\a`Z^b[UUVUSUNU_ciotofktwvpjiefqz~yvumjgaZ\]TRSVWURPRXb`\VXab_ZZUUZ^_\VPX^a^V[bc_XWWTWZXTQQMRZ`dgw„ˆŠ’•wljb^WONLSXWSR[Z^afll_WZW\[RZb^\WXcd^UWXZae`WROSSQMJLUSRSGDIGSUNIM[ee_X\_\UX_`XPEHOSVXZPJMTY[ZUQUUSVWSZ_bfd`^[TOVXX[NKSZ]ZXUMR\^YQIRXVbg`TTSUOKLHT^YU\dgc`]WQMLTSJEIFIRVSNRQCCILHGD?6ANMMKMPLMLLUWZSSTHGHLMKECKMIDLTXWOJSREEDNXZYYTY]^\]]ZSHFRTOTQRX[VLPSXZWWRKKNNU[RTVOLULMWWSOOOQTW^_ZRP[a\VTTVYURSKKRTVXSQTWYQRV\orjddec[SRTX_ZOU]]ZWRY_\^_\UUQ_higbXQWQIPRLO\`UMPRVX[[XX]bgb^b`VTZ]SDMOSX\ZSQQPTTVRJR^`Z[[QJQZ\SNVXQJP]]YTVQOXZQKW][VUONPVXMKWZV\\QOQW[\^]RKIQIOZcab^XTXVOV]b^Y\]Zdha__VRQUdopaU]ZU`cfd_`kkhhkffiig]_dgcaaZSYinaTXVTPUY[YWZYVTSPSWWSSXVROUSSVQTcfaWXUQRT[WNS`ebU^fmgSVXX\eb_^bj‰‘‘gjj`SSRQSQT][YWRNKNTSUYZ\b_QT\ad^SL\_cgc][WTWVVVROQPKKLQSWVNKOMIGIKXa]SOOZXGIJLPLKPSUVYXULLQSVLIR[_[UKLPNQ\]UKMT^]XRV_egbVSSSVSVU`gbYRLMNQIKSONQX]ZOLMHGS[WOIHQSOHHOPQNRWWQT[ZVQPLWUOLV[[TXbii_OMW_\U[a_WMS_dd`^ZQVZZ]]YY]]agic[]^ad`XWYYXgnidm~ˆ†pYNWaeaSR_abab`\PJVWUUQT[\WPVVV]mwqYTVQKNIC9N[VMKQQ]dcVR`opfSFNhqcMPXPTYWY]]RQVbbfm{yj\]jsm_^VY\X]_YY]\VMMW]bjpxzoamzxsliilq{vkpq_Z\YXXTOMUXWPOOKS\XWVZfh\Yaa\XWUONX\aaX^b`XW[[VRQVVNJNTY\ijclw~ƒ‰Š€trcZ\\ZWWa]WTTSQRYfpiVPPUWSWZUWXTV[\VX[Z]c]MNNLSUUTMXZ\\J@ILPLGKRgpm\ROPTOReng\SQRU[]\XRRTZYZde_ZWSQUPUTZ`[SX]\X][YRPUVY]__XW[\_a_ZQX_^fieba]WTWSQ_bVR[bdd^YUMALWVPKDEMV\XOHFGNSPKMF2>FLIMSKNVSLKGKNMKHGLURKW]\YQCILRYUJEKSVUUZ]\UX\VU[ZTVTFPXYTLPQVVQQ[^_da]bggg`_cgc`[\_XWTZ\PUZac[VbidWNVff]aifecef_XSTY]Y`UUR[_]Z\_`a]_^[XTT\[alpj`\a_XWUSLOVWW[[TS[WVYTQUSLNTRWTV[ZXY[SQOGPYVPPNNQTVVWVVUW]cc_bbZV[XRRRSOMRQXZVSWYUWY[ZX[_ecdaZQS]ZbqslgZOYVYZTWgnhdhuujbfikfbe[HT\ZUN\a^]a]U[_\YWRS\b[POQ[^^^]VKLTWSTZZQPKKTY\\VOQ_b[WT_ca_d\RJQYZkxxrjzˆ‘€urh^RW][UQPTXVY]^VUQKKV\YULOLS\VZ^]XWW^]\XXXSMPTPLQYZRMOKJRFJWSLEE@DLNGNRMPW^\MFKPGHNWTQV^__VKFKOS^`X[\VRPZUSVNWWSVYbhihic\a[@QY__[URLLMROUYSHKUVQKKLMOQRXRIQWYRRTLGMTSKOY`_LEBOPTb`SOTVVXWbloi_PYYPT\]UNR]hkgbRKTYX_aVIUZ[\Z[Z]\NLPY]^]ZPNWgqy†Š…}rg^ccgh_ORUW[]b_ZVTTRQRVXRNMQNVUTYWQMTR[decea\QKHOR`jcTZ`k~‚raflol`TJNTSMKZcfd_[W\nsqi`VZ][`[NO[\VUWRU[[VY`hd]X[blebfimsutsic]\be`YZSSUVV[bfcabYIEPPFNNXdbXQNNNRcg_XQRa_VVUMQXX[[WTUTQPLPT`b]\w‰ŒŠ‘Ž‚lcbZYaa\[Y_b^VSYX\db^_XTSPUVXXRR[dbaYVTNNUYWPNSROSX[ZUKIR\`_[XRJdwyqh]][OVbb\XVTVTITa[QY_XS[Y^dd`]XUSVYadWGLRRYYLQPNGKZ^_]\\VW_fi^X\^`XM\caYTW\SLOSQUV_eeabaWRORPD???GILMNONRT[WPFGQRLPQODGOVPGJFFLQUWWVQBFNIRTMSMP\\OHJMMCDLMPYYOMOILSQH?FJJHKQPPQ\ZK@EMMONHKTUPV\baXGPUUWWSRLOXUSSSPGBWec]\WVWWQRX^UKQ\ff]PQ_ec`b`eie_jlecfd^XTQSVQS[aedTR_fbVRXZYVTYbjnrle__aa\X[RQZ_a\Y_b]Z^ZVX`d`[WN`iiaXZ\[^]YXXRKGKOKFX\QY^XRBCPOMW[_cYU\]_\\V]`ZSNMMIIQUTUUQYUWYPX]ZWX[YRX\\]XZ\XRPTXWNPVW]^VX^``aXHRX_ehga^V\XVSVVbf_^afokY[foh[UVNOUVWUWVW]c`[SV[cd^ZRY\RKOVZ^]XPQ[`bXKRXXY[VQLQZZ^b`Z]\chc`e_QKT[`akrnghp~ˆ†‚th]UZYPSQMU^ZX\\TNDJYYTRLPSOORTY\ZVSR[^VWYK=BRXWUYQIIOTMLG?X\TFCGLCHUVTSPVTSVW[^WWZWLNXZWONGCFSTVZ\ZQQ[XQSNO\[RNPPPABQNLNQSPUUURNMV[SXZYYZZZVNOTWZZYX[WYZ][[YY[XNO^c\LW]^^XY]TMQZ[\_[N>HQTRVSLT]a\NJHHGGNQRTNHLMTZWNNNJXYVWWPNJLNOYYNLZmkaWSUUTRPKOXc_SQX]ecZ[ZYX^[RQ[aXX[_fihc^ZQLY\X[]XOQbkp€ˆ‘…k`PYgmlh`XY^`TOPSPNT^ha[dnrn_WVViocVNX`[]cX:GMNMNHTYUS_kv{ztkgegc^RSMJPPKLKTZ[^ZZbnx}uc[\Z]YXWW^`XUZ\VX[SZeghheY]nnZI\eif_ZNLJW\[ZZXWSOQPTXX\`]WPLJTZTTV[aYWZ\]cg_ULPORXTU[^[XZ[VXei`XWRYa`^djr}|}†Ž‡u[TZ]_YOPWYZSJNXRLQ\\SHLOSZ`__^WbgaQKT[]]UQKRUPT[^YNP^^YQNRQPTU`cabZRPTV[`e_]UOQYZWVQRZYXZ\^]`eddedfaPR`_WVZ[ZVW]]MKORVSPXZUNS\Z\[UW\TUQ[b[Ubga[XTOSMU`_UX[\WKIMRQFN[XVTNQI@ELLKHMRRJJQMPZ[WQQLINJHQNLIIRWSGMRRD;IMIIR]^SQVVURMKSSQVRLISZWSRNSUXKARVNIEAK[YMQRPUSQRTRGIJKMRPTMMQMLMNJYbeghcZTSJLSVUPJUZ^dec[WSRYagfcgilrqhX\`adccbXQZ^^X[hh]UPPYYVUSRWXemmjdfnpog`e^`WV\`_^[ZWJFV^`^]]_ahif[SRSZZUYWFCW`c\UZVPWYULFMLFQ`ebaWMKOVPX\UNVYLHQPJRWYZYYZTJQURNLZ_XUXcmlbROW]\RSTXWHL_`^]]WQU^]WYbehhnog_XRTQT[_dhaX[cjkf[cid\QLR_fidZST]`_b_ROV\_ZRRQWWRSccTOUXVWX_\RQRJEIQRVTBNQZ^ZWYUP\^cd]SRX\a`^bdb_ky~…‰{f\YWYSUTW_a\WV`aWORVYZYUSTXXXYTPGQXVTOLTUWTSQSNMV]SCU]XVVUUQONLKOPIJJ;@FNCASUTQPRJIORRU\_b_^ZRRU^[TWZ^aYSMNSWW[\][ZXWVZb^[[]ZW\[VTSVQFMXTJKRWS[bXSTTSQORQKGJNPV\\SOSNTVVXPRYSNM^d\S^onZOQSYYXWWX[_]]`\W_baYSLJNJPYYRW\VP]db^Y^^[WXTQTXXZ`gcky…‚tk[T\`gh_TURRPJO]_VXX^ab]^ee]YUEdriYSU_`UR[[TUVRNRXX[]Ydtywtpha\Z\[XUNRX[bda[ZeggcY[hokdbZWUIQVUVTRX[VR\_PP\afbcbcb_[\bgd^\YZZ]b\UWVPRGLPV__VVQMRRPRUVQSY_\WTVV[baZQSSPSRQX]\[[\^XWZ[ZVPP^cfmlhx‹Šƒƒ|m\\`]YWZZ[[[[UUPNUbe^RQSRU[WNU[hvvePTY^aXJJPVPJKOPGR\a\KTelgYZ_[VWUWUSWcljhaUVWW^b^UQSQRTVZgmic^^Z]]URZVX\`bb[TVXWTSRRULNX[[\b]YSSS]cZVTVSLWcfeimgPASZWY`a^UNDHTZRQZYIELRMHTVOECIIFTWVS[f`VDEROKLMSUPMGQY[VPSQQPQJKQU^ZPTRKKIOPHFFKHHLMU[XNMNHGKJKMNNKKSVSLNRMLQRNTVOFEFEJMMTSRRLPWOLW^^_\[XUSUSRWa_X\XTZZYZ[[afkjcbensskZW\V_hhdaUTUVY[_aZPNY\]^ZYXRPR]df`^dkmhluvodZY`_XUQSVTUY]Y[[X__ba`YOOSWPPUSKRW[\YTSJLYZX\]aYS[dihd\UORVUXTPORUKDFNUY\\WUUMFR^]VT[^ZNKYdfc^ZPU^[WUJVRR[^]YWYSS_bZ[emuqgox_VUWMNV[`ca\_ckmg_ekjcPIPYab\SOJR_eb[RILPSVUTRTSWX^d\OQVLNZ]ZWSND=HRJARLJXSXSUUNT`hniYX[`c`XSS\bhiiw„„~wj^UUSUKELKOTZ^ZOF@NZ\XOLQUVKKRNPNSVYWNJHMPSTTQIPZXMPY\VLQSOJIGNLMQOK@>FQPEJQPKTUQRMLINS\d`[\XZXUVRSSZ^VTVSXVX]a`ZRRVY[ad^OSYTMSUHMNOOMLOPSUWWUVUWYZ]^[ZZOPNKLSYZYXUOVXX\XQXVTMO]]NThmi`YQNOVYVY_^\^__Y[]ZYTSUNRXUSQU[ZYcga^^`^XVZYSR]^_mndbirtvxzqjie_`eaVLS_ZW]efe`[^a`YVY]Z_^Yb_\Y[_bba[\_]\VUW\aghggmst‚{o[P^fjcZWPUY^dh]K\aY^ijowzreYNHJSURVRLMQUQV][QGZh[NRQSWW]^bfc`_[[V]_[TXXYINLPWX\VKSWPEEAJXXRNPX]^WY]WVRRPNRSSSQPPRPSYZNQYZ\XW]dnqgk…—’…‚~kW\ZUV\]YY[\^Y][W_gg`][[VVYXVX\ltkN:N_f]KOVYWNFFIC8AN`ZOQbd^[\R@ILNPQPR]a`ZSSVSQUUSX\[PKUTcmg^`_THOPMIJUX]\ZVZ^WOSX\\`^QT\[\eg\OMR^_[YXXVTINXZU[ouhQSXUNQX[XRTIGMEDWRIRSNECTWVVTOJMSPILFLQMRRNSTMLMDGJMR[YOD?LRJIQQPTWZWOIISSKGOOPSLNSOKGFOK?IZa]VFOY[ZYX[\\ba[]gjc[NQ^bXPRVOX`^NMSZc`bgijfe`UVYUXbfc^ZY[XXTQZb`_]UV[POVWeja^hfZclldbhkonk`RHKVad^WWRPW\YSLV`ghfbd_WWY]bgd]`bZMLV^]VV]a\R^ksneYRPJDV]YURPRX[\^][ZXZ\[[\\SMLONPSVRU]caYI@PZ^[UONRYYNOVY_[UZ]YX\]]V]a^^RXaabc`ca[YamoqrwtsoaXa`\XQZ\[eg`V[`[SRQRXX]_Z\c`VT[]XQJNXTLRYTQW__ZZXRPYYUd[TIRac[Z`ZXZVUQLSZ]hfkpy‚Ž”‰wa[SLPRPVa_XWVTU_ZR_`WSRNSVPE?CRZ]YWYZUQMQLBAINOPOMNTUQMRVTPOOY]YL=LUXWQLNNLMMLV[VQQSUX_]QV\WL>KSZ[SSSRV[TJPMNUWMEBQ[\`hf^Z\WSNRSKRVUVWURTRXVV]`]VFMX[TJLSYZ[R>=NYYWUONJS_``YCJPOOJP`mocTUYWQLNP>DKOSV^]^]ZNNZ`_\WOTY^ghbbebfoqjbYX\]OOV]Z[epsu„Œ‡xhdXTYc`_]]XTY[\ba[RHU]eh\MMPTZYZgjlcY\aYVfgfce]V^_`aoƒˆ~tulfli_]W\bWQZhicdidaYWXZ_ikgaZ[XOGQQ[d\STSY^a_\ULM[a]TNOJVgombZQS^`TGNX_XSZ[[aabZMOV\a\TSSQPNHOPMPQFHMPRK@JQUUNMKMTUSP_ec_\UHXac_b[b}Œ†‚‚n[a_[_]`YPVYXZPQ[feZSLMR`d^XQRW`jf]^[XRHO_]SSONZUOMMLFKOCDJZgTTSRQY]XRLTVVckhXMHT\^Y[becUISdhe]SQ]`YQHJW\WOPW\]\[[`cYPET]^bdhc_b\SSUTUVXIFFIUZ[_a^adbYZ\_WROQZNQPRRSQRKEFIPQHJXYNEDOWYRRRPONIIMQUROJGIDPTR[bZOJIHBFICLKQUPNONJLKNKER_YSRKLUVGDGGMQTQMKHQRPGHMMRKRYPDGLUTF@OUVRKFRY\^]QOWci`VV[\_^\Z\\\__Z[`_XQT_f_NYglkb_ZSKY^\_^ZZTXURX]]\T[kmfb[OQI_jb[cgffgf^Y`glgfkklgfggd]RVTT_ed^XVX]ee__d]VLZed^__a_YR]hgaYXY\\[glgb[RTMJTZWSSZ`]XSVXXWORXZ^`XNQ[Y[TOQMZ^\Z]XOIUYZV]]UX[WUYX[[U_c_WXYXZWWP`_U^a\__ZVQQUY]gv}~~uda_ac\OZahkgaZce\UXZYUVTOFW^^_dcYTSKHONQQISYRPPQPQZZSNXQSYb^SMSW\^TNKSUR\dcbhp~†ŽŠ}j^V[YUMZa`ZZZSKSV]aYMGHX\TOSZVV_cb[OOYQJTRPJTVOTWPQUVPKNTUVW\a]VQKNWZRU\ZVONNRZZOJJLNWXRVWOOHLORSQXVJS\XQRUSQRUTRRWWY_jnd\`aYRSOLU\[UNNPPZ[XZ__VMOOKFGJMUZ\WSUTQMHLKHJO]``]YPZXRJIVdie]YZ\YMGVYOJIMMMSX\UUVTS[a]TSRV\b_acYZosnh^W[`^Z]ad`ioxxx‚‚xe[Z^\Y]ejdUFI\c`UOOOYjsmWMUVZ^YYdon]YcbXbpqk`^\^XX^i{†‚smkbffa`ZLUVST`c_]^\RP^fgmqqj`TLKRSQQ[`WMRPPXafb\WOQY_YSY`afif^ZV]gkeUPOTRMWc^^]UVQVSU[UMY^RG=HLHFFMHDSUTRQPQNVVSQWX\Z^abYVXUYeda_acgr‡ŽŒ‰‡qebY_XWVQVYTY[WX]aYPJCL^hib\]YT\c^TYXLJQ`cZS`aVIDU]WSRUPRIKVTTYSWVXYSQVXV\iqk`TMVWYWV^c^POanqi\M\a[YTMS[XLMU^]]YW\a_YS_eb\[^aa_\VVTQPPMW:LKP[Z^`]\WV^cc^TFBO]^PLHJNPONNNMNNHNSUVSRLOYVPQMMRLDJKMOUMLQOUTNLTXMF>CFIRRQMKRQSTLGLPMKMJTSMWUKLQNOSNGFPMMOLNMIHGBBIMTUKHOX\ZXQQQVVRNTSNNWWJCU^`[TU[acXSLT[][WWaifbeccaVRXcmia\[TW_`[ZVY`dec`fkg^VekicXJLRS_^Y^^glgba]SOTVVcdhc_fihd^TPPX``cb^ZVX\a_\cb]_c\ST[`a_ROcb_YPMNQOTbb_ZUWRIR]]]\WXZXOPLOVUUTTWWQQWYY[YISUVcfdYRVUVVU_ihd__XOXYTTRZd`X_`cedbYY`cbaZW\[PNTSVTP`lvxuljeaYZc\]a_fkbW]b\XX[_YQVUFD[afeeb][QGDOVVOKTRERWRKSTROUUNSXYTVURTV[_]WYRO^b_]fmzƒ–¡†c]WOTWYVYYVSVVRSY]_ZNQZa^QOZ[NTZ[[RERVIRXZYUXRU\ULLS\ZPNIR\_^WKTWTYXNTa]TXUZXQTQQYZVVWSX\VTLILKTURUPNSYWTVVQPW^_U[_\[hso]LSYUSRHCTXTNHIMSRRQTRJKNMGI>AQTVWTOWZ]Q;BKIHNRY[`_\^faPLNajie_ZUVQEGXa[URQFALWVS[_SQWVRPNQSZ]aeaXdhhkgXLOSNUZ\Y\aimopz€~sfY[XLQfjh_OK`fc]Z[YZdjh`]ZXXb]UR[hc\^]TUdni_YVVTWWZm|zlUO`lomcWQ]a\XTRVa^WR\ffjqncQJNHIX`\TTYVQPUS]iiZTYUTWZZYbdZZYW\^]cki^JJSXWY\`dnqk^WOGKJMRQTYYTMI?IMGLFDRZ[TUSMJNMOOPRW[\XSOYW`ed]aefget„‰ˆ„ƒ‚whVUZUIAMVTKQY^_^QKKIMW[\YU\aa[ZWTT]TLMR\\TXdaVUXZUUZYPTWPW]WV[`[IQTUOLY`lspc\XMDMSURQZa`[amleTTZ[``VMKRRSOYdf\MJY_a_Z__\XX\^_c_[VZb^VVb^MTZZURXVVZ]ce\PYZZYOQIAAJMLINKCIPUZTONNUPVSPQIGSRLGJNJPPIEENPGFBKQQROGMVVXVRLKW[[YXTOKRMMK@MTQLMMGHVURXZWWRNKE;CDEEJLE>FKOQNRQLRX[Y[VVRNQXVQPRLOZbb[[YPGDRY^_]dmi^TZ\WSX`hlibbbZSTRQenkhkke\aihgaVXWZc``b\TSX\ZS__PWb_RU[TNYXYVU[benrhQDMW]cijc`YQTZQV_cffXNR\^a^YUXVPRQMOGCUehc\][XSSU[VW[TXe_TURLPSYRORMMYTS]a[XWTWaf_NOQSYYV_aa_[\YXY\WOPNSUelkjigaWbkha]X]_^WVVQQW^`fppmljc[[]^]]VZdcacaWOZ`igVIUXLL]a\[ad`UKAJOTXSUXMU[VJJMOQXYXPV\XPLJQX_^[VXZ[YZXTT`jv¥§—z^^_ZZ]\^\ZPMSW[YSQ[USROVR:NZODT^_]JEWPNTUVNRX[ZRHJIVWRSRO^\YOKNSLFQSSWVTTWWZVRTV[a]WVVQQQOSTOLQNOW`bXNMLLUWWUTXTPSVS_ondUKRYWRPLKLQSONQRQY^WTW[UPLQRHQ^`aWVZ_^XRMGKQNILR^hh^VZUV^ijb\UVTOST^ef\VUUXUY[SX[SQVYXURWVZ\]gje]l{|sXNYVPNTWYWW^_lx}z‚„x\ILNMQR\bZ[ae]^_a^ZY^de]W_fd_][TTUagfbQ[`fihc\ZPRUZ]aeecrvutuk\Z`c^VY^\bbXQHZhcdjdZROOIHP_aNMZXXV]blpk`\USY_eb^VJHKMT\`afkiZUSPTTPSU_itpd^YTVWSPTST[YQNHNQKSVRSWWWXWVKDGDHRSQXZZYY_a_[]]`gkkeiv„‰‡†ˆ‚uiWSZXNKNPJL[_`bYOROKMNRQLTchaQIQVUVWYWSRTXXZ^^\SRSZYPKTSJQXXVbaVYYY[Vbhkoj\MXa`UWVVVSX]]]`_\]\_\XYWVRRTUVXbhf_UEISOTZ^]\\\ZTU\]VVbc^VLRPZ[\[YPPWX__Z[aaXRSSUSTQSTQNL>JW]`^^aYROKLKMJEFKOPHGFBEB<>LQTXYUSYYMIPUMGHPPKRMQXWOORPOUPAISTSTSNNOVTRVPRRPUUUMGGMPQJFGNNLGHKGOU^b_ZPWZV[a][ZNLS[_[WcjaLKPRXYcmhWOLVUQUadb\X`nl^R^`emighjhbY[[Y[[_UUebchaQIS^_Z\[VY_b_]gj_RWYSTY`chkmkdYTRR\dhfb\ULWYVUSY_\VVahdYRYWQOOKMQNXkpj`YRSXROSXZ\[YbePQRJPU[_XLLSZ\SRURS]ZT]ihYLLLUXYUMWZUZZY[ZUSRIQSR_emhgf\_fjcWSPQZYZ]ZWWRYab_b^]Z__XWW]_aa[Z[_aZ\dotqk_WWZTYTYceb`]UNORZ\XYWOTVX[XUQTWYZUWVRPGRdlhWVWRQWXUSYc`jxŒœžw\RVX[dbURVPKPWZWV\\SYXQHMRUQJPVWXSEPQMMMQLNZVPSOQMRTOTVQX[VJJPUUQQTQLMQU[^baRGLW`^SQQ[[RGBKMJMGTXZdaZTOSWVTWZUJMTOIL`if`TUWYYQOY[WTRTTMFR\]\_^UZ\XSNNQT[]YYXSFKUUQNKCPKE]ih\VWYckk]NRQLAIR]cc\QO\a^[TILTXYZ^][[`bcd^\dfeh{ye^hcYWTV`a`_altzr}ˆ‡x]ZWQIO]figgf^[ZYZTNNW`ZMUa\XQJSXUXflh__\U[`\^][VXUVV^dhv…„xl_YWZTOJNT[\_YY\^]b[VYZ[ZTRUOS_ZKJOVXZ]irpcVY[X[`]ZRM]c^VR]]Y\^WW[ZZXRTOQeghab^YVXWURVWVRJHDKSPNSMR[SJVZZURRPNRWSTSJQUZbbZ`ed\_iqnnyƒˆ‹ˆ~vlZ^^QKQTUUTXTRQVSSXUTXXTNT_]UMPTPQZYZ\ZXYZVVSW[dgb]XHMUVQKOW]bb`WKRTZdjkhbU\hoeSRW[ZXXVRae_XTY[Y]^[XQOXVTY`bc_ZUOFFU]XTVTQPQUVRTWZORQJUSSPQRUNHMT[[Q]ffeZRTLTXYXXPLFBMX[a_\YXPMHBG<>DHKUWQJFFMSQGBL[_^VUYZOEJOROORSJFMQTQFMWVTYWPNNQX]VPORXVRPKKJJSWURMIQUUSLAIKU[TQNIQXZXQOY]UPae^UYWRTNLQ_heVRV]^WRclmf_ZWY_fc\SOYnshWU\]ec[^djgZRWWTWfg^`YL]ig^UW[`^TTTUUW\cgdZTOKS]acbdmqpd]fged`[^b`c`RJIO\ca^_dfbYQOKADHOUY\]agfaUQYZUX]cicYY[YW]\RPW^\][Z[[XMLEIRTLTdlcVVPLT^ZO[`YY[POY[Z_XVVJLXdkjf]Zhj]LLPX^^]XSQUWTab`]\_^[SLHQY\]ZOKEJ]b^Z`jooh\Y[WQNJSZ]akkbYY^[OOTXTLR[YPGBQ\^\`[U[RQ_lvp[YQOZZVKGX^eit‹›—„kSPTP]]V\a^XWYTOXbaVTUPHLKTXTYWLORIFPUZVZ[PHID@FFCFNTXTHNKLWSNNUTNPNNSPT]XY`^ZYUY[Vb`ZYWM?GRUXNLQOPRX]XORUSONTTTYUIJRbmpgZNMVUOSYWPPSNEEDMPQZ^WRTPEENMCIV\UKKSSTRV[WK@MLHYb`YQOT^fg_UQTVN>IIORZ[S[`ZUXUQTab\ZYUZ][^ada]T\fhlplcag]YZYZWZgmjkssp‡ƒwg[RPNWdiff_]Y\`]XWW][YOOUWQPPTZ_YSZceba`\\biebb^VVYeomgnwwoigebZQOY\_ekg\[aY]faXQMIDIPRI[c`SJXZZY`ijebgea]YURS]hh`]YUVUGGRSW`idXVVX\SW\]_b]YYUNPQUPH@?EGH@AJV[SOV[SNVTLLWWVXTQTTXWRYdaXS_mqou€Œˆ€s\_g\JONNVSHPRQXVUVXRSXZXORST\a\ZVW\]ZYXXXUXRU\`fc_c]UY_\IAPW[_[\YVVROTU[b\T`liWPU]^\ZWHIZ`c]XVWchf`]`da^`glj]TUZNMTYVPORORTWZVWTOQU\WNXMFQOORSRKMTLBS[df^WQQPTTTQJHHPX\^\\VRLFCEIHDMONPVYUPKNPLHPRTTVSMMPTSLKNQNTSOFKQMQSOSPQXVKMQOUXRNKT[WSRNNLQTONWXLFQOJLFOQT]^\WRIPX[RHPQMLT^]OJVVRXUOO\a\SQLW]UPaifb_ZW]cb\VHLdqnbZPP^fjc]`g`Z\caWXbd^Y\Y^da[XTTWQTVOV\XSPUYOAX[[XYWYcgmc_joiic[WTZdcYSJNV^ec`XU\ZQQSPV[VUY]_[dllidYTW\Y]gg[RU^db\WMITTT\a_XVUTPGJSPU\ba`b\PSZaVR\_WRQOT_c`YYVPPUWdol\R`geVMQX^YSPGKJMO\\YZakh]ZXSWZYSVXZVCNZ[R[dde`UUY^_[OBMU^nsqiXUVOSUXYRF]_UOHR]c^W_[OU]a`np_UXVQZb^LPVbgemˆ”’‚mVRXa\XXY[YUXOIR`\MNQLHJIT_[ZZPSRNFCU_^]_WOUYPJXMLLW]\NKC>WZOGKOQTWPKILWX[aa`]ZYXV`ga\]_OMQNJJIFPUTUSNIHPTPKSaaZWOACRdmiZK?NWZZSIFPQLLNL>DN_e^QJKOONQQFM[YPEOSQKDPURLLOPRaf`TZ]_]YXWXRWUPU[VMPUZ^__YRVYN_ki^W^`^QNRZd\ZZ]\dw~|pmnlhXRXT^ophjmmfqƒ{k`XJTflg[UKFIT[]YQTSXZZWTJUTY]b_XZ_cca`_Z[fke_\`gffid[[m||tmi`VUPVY]bhg^`c^Tei`TIQVQSNJRXYT@QYYXSRRYfmfUPQJMR\cZRSWQLNGIXWRTadYKKPP^^WLM\^YVYUKKVXOLIGNQKKLLMKMPXWNPSODQWPS^`\[[YY]ac\UXeigm|Š’Ž‹‚uf_^URTVXUJOVSQTUUVVUQVSSRPMT^`_ZQMNRZTUWJLRVSIRYSVULT[^YUROX]WU[\]ZMCOW`b[Xa_RONZgeYKKNOOZ``WMTXYZY\`\]_egg`Zbf`USTRMRYVPS\VOVYLKRXVPVTJW_XOLMNPNKDOZ_^ZYXXEOINSSNJSTUVVQSPQOE?HKDKSSQRY[UMMMHMQPRUKILLG>ELKDAJSRCESURNLONHPRFGOSMHHDNLIRLJSUQNNQKBJTP?EKFHMUWTSZULHRRTZ[XWUOLHEPSQSXRQURT^caVQOU^]YS`gaZ[^]ddb]WY`ime`XS`ihcYW]``WX]VQW[\Xbd^XXZ[Y^``^ZTVdg`\]_]OS[`^[^WQ_caUUgkiefge\VY[\dcYMP[dg_VSQMQRNOXZYZahhdimnkcWU[]bb^XQJP[a`a[QQSMT^_[\Y[VOQKKUY[Xfha^XWY[YVRRSV[W\b]YYVUX[[]bdhgdVZZNWYXZYVLNSPSZYZaemrpjd^Y_ba]Y\]YUX^Z\cb]]VDHPVXRCEVU]hki`YWKMV]c^NM[^XMQT``YRSV\abcgaX[YOP[dc[Y[hqqzžw\chha[WTUYYLJRbbG:LXULMWXWZ\VSTUWNGRQJPTUW[VTOCLRPSVSLKEEMONMLPTVWODPXVP[YRPR^fbXSQSQTURXVSOTZQLTZUJMMBKUOS_gh\VPD@Idg^PLJMNNLHLNKLROIFQ_fjd\UPEGLPVQU\^WNSYXWTRIC@CRUQR_`TKbb^WQZ^\WJMV[\UW[^`\XZXXYTQZa`YV^_WSVNRNN`eeakz‚zrtqfXY[Wacdadklf|‹‰~k_XWekjbVNJU^bc_Y^]Z^]]QETX_jjfXW^[SXZdi_ORTRO\klfge^berwqlme[YZRSYad__mqe[[bgb\YWMIHSXZb`O?HPQHHOQ\hj^QMKQSV^YSQMLMYZYWYRRO[aYVXUOTXSMU\^ZXULDPRRSPFIVUNRTQD=BEORSNMROQT[chc_cZUWQTZTQW^WUqƒ‰ŒŽ‘‹o[KTVWUWUNNTWUY\VWUXOKVVQVSOJS^\STLNUTLNSSX]a[JGMRPJQZ^dd[PV\XRTRLLCIKQWac[[[ZZPUbfb[TRLPPUXOKVUTX[WYWZ`a_ZUX^cfaSOSTX[WMNWYVXYOLSW[\[SVY_ZNPRX\YWRLZhlcb_Y[>HWWXQMSUFKUMCJRSRMLPQQOIMVYPJJNF>RYUSVTQTQM@3>HPRW^[TPUZZ^_WUSWZSCFNEFQPNG?GMLTUQGGLPMGLQNRSWSSXXMILUULSVSTWXXYZQFBKQROOUXXUWPSVMCPY_b[ZW\^\ci\TdliggfcfaQHIY__XZa_`bhi`NLUU\ccc`]\`_dfgc]WKIU`b^USYVT[ZXUX]afed_W_behdceb`hhb_de`\aed`]WPKLTXYW[d[Zciibdiigddg`[_ZOW]YXXY``VTTLFX[YUXXUUXTJTZUW^gffdZSXYYY\[_aYKVWNOPXYSV]]_p|yhb_WZbaa_]YRSQQVV[[Y`cnsnb``a_[`haVRITZ`kmkdXKRWWSSKLWTT\bdb\[QIJT\[USQT]YSQS[ZVW_efa\[VOPRJT\]_Z[ZZprj‚˜¡Žv`fdaaebXVWVVTZa]PRYYUSXUYYZXXTS]]UX]ZSPRRQRSVRNPUMSTRFFFISVWTVTOORKSVURSRMTYW][XRNTWRVSUWSPSXTHCRTLOTNNWOIUR\^YXSHDT[XSOTVOKLLNMQUSPJDGLVXYTINKJNOTQPU^^VRWSLDMNKLQPLMFDNNHCe_WRRVZUGQ`^TQUWWQUXZWQVRPOOX\\YYYad_ZTRVW]c`jz€ymffbaXTWX\abaaf^c€Ž‰ydb_`bfe^SIJNY`ddbab_a\TL[dced^ZSY_]_]bmmbO@LW`mou{xlddsythfg`U\]X^cdc]cooe\Y^`a]RKOPKPUbgbSHHHFMLQQZc]OPYSGQV\^RNNMSY]]ZUZ]Z^ZVVZ]\WWYSNQV][QJJSWVULMPNRRMT[WGIGEKQW]\RNSS_ji`_]U[ZX^\ZYUWbhy„Š‹Š‡…„ze\]XUSXWSOUZX\_\STXRGMPVZcbZV__RPRSTSOVV\][Z[ZSQQPTTY]\bd\[a\TSTQUZZZPM[d\QMLYUQY^\``[RSVPNSPNRYXVPSWUVXXRRVRW_aY[`ULRZ\XXPOTXUU^^\_]RATOSVWTSTXZSQ_lkaWOZYLLS]XQSODFVVNSVSMMOJGMRQHJYTEBIGAPUQPSSHGIORMDKOTUY^ZSSRU[ca]UVWQDEOIFOWVK@GQSQJIOJJMONJNQQRPQSTVSEKWXVQMECOTLEQWMDKPTURSRQKNMS[YSY_^VSSSUXWahgXZd^]a\Y]d_QQ[`aeddfbWP[]YWXX]_]YTV``]be_^YRVVVZYUKNTVVQRVXadghg`\[Z_agkjcVXamnmiaagd`a``_^_XJOWW`lhUOZ\VNcgbafptolk_X]VUZ\aeaYTNGSUXTPLOKVSP``]Y\cecc\QSVS[_[`hbQNSPHR^_VWY\dq|yj`baa_ad^UW\``ZZ`^\TSQVhkd]be\EYfaSTUOR[aegbWEQZ\]XVZ]^YWYbbXOYYTQUPQXVFU_ZQMLLMRWMWfdZSUOONO^_RWYV\Z[e__y‹––‡oke]YWXUZ\]]\`de]UPFMVZ]\YSSMOTTVSQUROWWLFSVSVSGKPQWUGDLSTNQW\SL@KY[YVYYV^deaVOOKGGCIKNPSVTOT]`ZVTX^a[EHPOKS_bbZQKFRV[]ccdbXSRQRTXZ_hi_T>BLOLRSUUPX\RJMHMX[SLKV\[UKGJMMLNPNDHOGOSQMIMWZUVYXVQMKKNJKPLKJPXSMMRPMHIPV[WQRRSPOR[WLFDDPWZWOOHCYeaUNJMJKLRYXWYXPWZNGNMQMFJVVTGJP[_YPJLUY`gg]YVOKSWYRP[Z^`^\]\]^ac]RORaXJ\`]a`]]\\TOX]\Z[\Z]cffc`ZX[_fi^]b[RQKQZ`ae`WRY__ZTVVZ]\m{zslhipqtutiVW^\X[YOMR[[PY_]^_UN[db`jpjcc\]eiije\Z]fmkmogTY[WSSZ_[MHFQ[ae_RMY]_[TZcglmqrnebTUV\^ga[[]_ZUT[a]TRLIWa]WZYRO]gj`UOV`_\[RPZ_]\YVSPKRZ\WIPWZ]fjgf[TYZUTKOY]ZTZTSTSNSTWTW\]WZbaXTUZbfa\Y\_fh[pŠ—–„lZ_UR[TOY_^WT]\TZ]URSU\efXEPSMVSSXXXVSUZXTRLNTWVXZYZVQY`YRPMJNPY[UHHTYXUIIKDG\imhaVKOWUOLPW]VOLS[[VMQQPMJORNKGOWPHKT[]ZOGMQTLER[[OGGAEJLNQV`]QNLGMXXQQU[bgeb_QRUM9KSNGEKUZ]daUSSLTgg^TQMRRLNWX]c_WTSDBJUUZ\ST[\YUQPMBEQSUOQ[YMITZ^`WJHCHJGIIMQUNKSXPTVMX_RQXUPZ\WSRILX`cb_[QJJQYWLFPVZ]_^QWSIO^`TKIKLJQSRQSX[XVTRPTTOU_aWORWVVYYUIQZgpxmdnpl`X]ZTY_`[`nqght‚€pdd^hkaUSSTLQ_g`[ON[a]Wenl_TYYPOSTOT^b_T_u~zlkrqvvreW`f_Z[W__[]_dfcb]TT_gf^QAKPRVUMO[XSUZYW^]TQKIMVZUV[]^`acc\NMQPV\YQVWOZa]^`]WJGMSYRQTTWWSY[[ZLCDNPTVUUWKHNRPVOEKVVJDMOSURU_aVPOGDUZTU[\YarˆŒ‚……ƒo^STZ]]YYZWWUXXXW\\WSKP]aaZGC[`[X[_^XVSTPPUX\ZY[[\[_^\UYluj\a_U^a[]`W[b[WXXTZ_ZQSXYRV^_YV[e`YUYTV[VNRWVXTMKOY_^UNY[[\YQQWYOSYVRRPM_f`V]`[WU[a]ZUROXUQgpmdceS@?QNLDFF?@GR\\TLSXZTIFNQPFBDJMMNPMCU`XPTWTQSUPSVSJJPFFOONWSG@?CPNJGKMJWSGRZYUPPOONORTPSZUODDRTJQTQO;ERSS[XRUYUPUVLKNOGAEHKPZ][RGEMPYa]^gd`XPPUUVV]bd_XY_[PQRVWVQTUPPY`]VV]^WWVQP\e^VXca]WZfkeZLKOX^Y[bccaZYKKQWWQIT`[TX^\^[JJLXabfaXUVY[UORZ`bjjefgd]Z]hlfVV]ilcQCJSZ`UQ^fb_ee`ba[PNS^a^fjjkkbSNW]XHIRY]b[VW]^XKORV\ccc^XPZ_^XRUMW\``[PRaeeZTXTEU`]RUUSUTWab^[V\b`VYccZM_mi^[X^XRNTac][UUabYKVVRZc]X\^^_ed`YQLHPMPSXUUVWSMN\efcc]URZ][_eY~š “zhZ\VLZ]XOX_^WU\a`][RTUQ^`[UQONS\ZY[YYZYPRUNKMDHMEFLTOEGNNLRNIQOIPNJVQKPRQWZ[^]VPS\XVVVVTMLUcgaUOYZ[TMNLWZTQOPVZXXUEOWRQPJRMLPKDRTNPQXVQQNX`_]YTMMVWQPNECKR^hi_BGRWYWUY]ab_XUYNSTSLJMPTRRRTSQVWYTKJOPNL[jfVTQIKZRLSWRT`diw{uikicbbd`VW`eb]cghen|†…vhbde^_^ZUJQXVPJOJ\aZNU`dfe_ZOJQZSOX]caZ]msvvrnhghg\]d\TYLZcZRWab_][[XX^a[PLMV`_X\XOOOLEFKTYWXUTRY^ZMBNZ[chf`WSVZXU[^XTKCFNX^]]_]XTOMRNQY\YUQVXSKFGIQQPQULAIBKSSXVVZVLQQKPMU_`TMTTPJTYR^f`_aoˆ’“‹ƒ{zs`XXY`^VY[YSQUUWXUTRFLWUTYTK[c[WYTVUWUVVSTVVSY\XYZU[a`Zk‚r[YYQZZX[ZRX\\WTTMQSUXZXRPRT[^[^c^ZWNR__XPZ_YNGBFRZ]ZURYYRMRQY`VJTPKW\XU_c[Y\bRLFINUX^]\^]gnmhcd_ODFVSLHQWQLLRUVPCDOVN@IOMNNKDKUVEEKGN\^WRJKLRQOUZ\YXVOHRTJHQPJJFHOLJMOQL?KY\TKOOEKRIA@ISWOKNQTXUNV[TIHKOUZXILVWRPQG?GPLHPSYYSY^`\XSOGKXVW]]YWZ`b[]_ZXYT\baYOTVY\[Y[UNM[ghb`ccVPQUakgfc^XW_`^^^YSRT\aYNPX\_VSLRQOTWTUZWTZZY]YVWbdba`XQVXTUXYX]ajkimqnmsrolid]^fjkbXRFOZ^^XZYVaeehf`XRZ^\TUVYhqqj`W\a[QU[]_]NRQSWWQSOJU[UTRXaikd\XTZ]_ad^\dggYRY\TPZ^VW[WRLQ\^[[ZWXUTWVTTW]orj^[`cSMSX]__WNQ\WTSRVcji^MNRTZgkg\TOUWUVPT[ehcYTR]_[[XQHDS]XZZX€’–Ž|e\WU]^SAWWNJT[b_\ZURQKU]XX\ZRUYYY[[][WNJRSG:BNSLOUWTSYYWMRTQTTMMRSVUPNQMQXY\YOMV`_TQZXOE:FW[[TKNUYSFLGIYZBBLLEJZ`SGVZ\VMSRONNKJOFMQFIPPMWaeh`XTHGRSKOQJGN]ed\P9=JQRPJQ_c^X^dbTWLQYZYVPNPPNKSYWQTTHPNCL__^X\\TW[Q[dd]][[kvzrfaZVX\`^X\cbYZeijjpƒ‘…obegkh]TJT]WSSOPUcga`]_]^_]XWRJISYYY\ZNPUft|ynabjifa\UZVV`_WW`efc__feXR\^]YV`ebf`VQSUZZOQXPQVPQX_[SDO\cjmig`OV]_[X^^ZXPVLSXSUVPNLMHIQJPURMPRUX\ZVNMVY\[K@LPQPUa_[XUNKXWNLEQWRNQSSLHVTXeggdXk‰•’ˆ‚€r[_\`a\\_`WT\_XTXXWTTUWXUVU\d^Z\[VVYYRV[\YZ]YZSKPPW_`UWjwve^[XSXZVVPGQ][WWQMLZ\XPFMQU^__\ac^[VKU\_\XWVWWYRP_fd]UQXZWXX\`ZMNZVPOSOQZZUUXc_NPLQY]ba[X]fdiid^UGECIEJMXZQT]ZPPOFHTSFCJLPTWUJMUQIKEINLMWQ@;HKIJPY[[XPOWYSPQQQQLFBEMQXVSKVeg^URPHKPROKJSRLKOPMNSRSYUTMLRNU^[INY_^YOSUVVMINLIGHQTUUYVUQQPGLRPPQRPNOX_YONNW\^[XWRHPV]_ZTKX^^_baUWXRUWV\YPQPUZRHW\WOV\\bd`]_`XYUSTOQW[UOVOOWVRXVV`f`ZYUJPZZYWY]^\XZ\domdnonkinqpi[RURTOCHRXSMPS]a^ab[Z^a[TSSSX^bgije`YZYTPSUTVTMLJNXZUMVZ[YUW[cnmdXSUX]`_U\lwugWWZ^]^^\YQOQQSXWY]\_`^^dc^XRObmg`ZWYZ\]\SWVRUQPVZVUPQYXOJMQQQOZccYOW_a``TXY^efWT`]UUTSPJQYWP_Ub†•™‚wj]RPOIOTOOV]b^SSUJJTTWVY[[\ZVRRWVSOLRWVQLIVVUROQSQLUTTMCIQWTRUWXXWUPLPT[^XSOIIV_`X[ZVTMKPSVWSNPXYODIMRVP8FOILW_\PMV\WTVSJF@GNPGGRMJPUTLTVZb]VNDDMQRRUTR]b[TVVUNJLVWGOYZR_hfY\YTPQVXOLJDTYRILF=BOLPWWYYVQUU]`\\Y[ehd\P9Wl{|n_[WWXVUXZ]\[\eppnjlŽƒods|s`USONSSXNO\elkgdgf`[X]c`YVXZ\LKQPTQKf~…~l]Vipj\SUWYZ[VPQZ]ZT_hg`SSZZ[WW\_bddZRSYZQSXUPSLJRZVOSTU`ge\XYUQX\`VOV^`YVYRTYY[PUXQKHNRQSRTVQ\hgVNLLUZZSJPURMGU[UQKNIJUWSQLOUW]\YPKPLW_a^`jn}Ž‹‚~~q`^\_dba^[QKYc^WOMS[]WV^eaYW]]YSRSXYTOV[^YRY^YSMHPY]`^UU[^Y[\WRUYXUSVQQTYWTIGLJJPOW`cd^WY^Z\^[ZZ]\^c`TMTYQPXcaTOMSTWWPTWUTOIMQHKQRX\SMNWZSU\][[ZXTSUX\ek^NSYDADPVQOQMOQNNMNJJORMH?IRXZSROMTTNLORSLELONOLIMMQUNJGJNV]^[QJONML>GUZUQRU_daWRSPSSVWQSVXWVSOPNHGDELWUNZ``ccXI]ge_QMZXRVWVO?JOPOKHFFIU_ZKINX]^^WCIT^XQSYVQY]ZSOHRRQ[bcab`[UY]`]``\XXYWSVWRU[WR[YPQY[bhfehecdfXYPOQV`]MLVWUOPOCQVWWXXSRMMVXXTU[c`\b`YVUQMXcgnrutm_XXPTULNVUSNPZ[VUPKLY[TWVV[^``cbY_a[_bZRTTTZYRQQLU_`Z\_][\[Y]gojbZP`kkbSU`hjd`bc````[YVMT^][\^_Z[\_bee_^^VX`]SNQZ`acZPXXSPKIW`YYWNCDNXYSMUTPVXVXXQORXb^V]igZcbTQX]\]^XPVdaSk‹”•†|nZTTVbe_WT[`[SJMMHIMMUXUQSSSV\\\^\HJWSRPMV]^WPTQOHGCERTSROHQTUXTNRTTZ\XVNSVWXSSUSKV`a\XZVSXZTTWURMLJMMMJTWUZ^YRRQUXSIPRTSHDJLHJRQTWTRIJSYbidZQGWZUVVTNJMR_fgc\RPKKSVXWUT_`XKZYPGFJHJMKLSKNRMMLSTSW[^UQSQQX\`daWZ]be\V]drwtf_[YdeZJKSZYW_ddca\n‚‹Œ‚voxtj[UTRQHIS[^ejfa_dg^WVW[\]ZUUXNR\]TTUbtxvwoc^db[TPX[SQLHMOOKW^b[UURNRTVZ\[UZjoiXOP?MVSILJALTUQZ\Z^eebYRaaXT[[RW[WLOWTTRQUPRVYUPMMOPPNUY[fh[INUSQPQTOGPKDHPRLFNQKNZZRQUXV]^^[VXQTVWSTcijuˆŽ‰{qvqhbYXZ\]\[WOUUUNU\bgcXX[c_SQZWNOVXUSNPYb^TNUXVSLQXZadaZWSTYZPAFMLKNZZPRQQNFEOSQ\[YZ_``^WMOUY[ZX[ZZ^]UMSXV\\^\OFSVM>LQVZSRUMKUZVPMOQRPNYecQNTUVWQD@QTL^idNHSWIJNV\XLIQUUTVSKAN[[QOUNOTKDLURKNQTWVLLUXSH?@IX]UTSLMRMHKLJKPONQMCFMSQLIBPURTSQVUB>TWKJRNPNU^]UNLEBOXZWUNHU[]TKIEJLOMKOPSQPRPNMGFJRPS[UHHKORXQOXUWZ^XY]XUXVQXYMGYjeZSLKHN[\X\ee[[^]`bb`][[Z\YQW`cd`ZWZ`^OJ^f`R\_WMTXONSPTZ^__YMJQRXYWZVRTQTX]b_\\USPUSOTT[][Z]TNCP`jqrnihdd^XRRZ]YTZX\ZXSONP^ff[SSQVSLQZ_ebiuug[^UMMPRPOY\WSMOUUXRQZ^ddgmrto`XVVaihbUU^^ZUWYWRSX[XXZ_Z\Y\]X\ZTPUVTT^ddionfc^SV``ZTOPSYZXTW[_b_[TMLXVM\_VPRZZJOQPUZY[_b^SPUWV]]ZWZ\axŠ––ˆzj[NJSYXRRRYYTXMLUTOOKKN[a_XXUPQW]WRX[SMNUY]\X_d]UVTTWPHOPMSIFLW\RGJS^_QPQROWUUZ[X[ecYSTTYWTRLIORQUQPJQ[ULQPS[]WFFKHKNJVZKBHGOZYMHEMTYTFGZd_Z]_ZSUTQOIMY`cZVWUPPVZMMOOPWZUPOH[QKJGGQVWOHFFKOIBRZUV]\UY__VMN[a[TXW[bc_dcY]qzue\^^XY[UGViqgW^eddal†iad\UKCKLHQahgYLEVbgcYSQRXRJOUWTQ[cfaSV^s|vl`QJQY^^_`XRPZaf`XSXZabWQTZ``ZXVPIS\bd^SNNZ]`\VMGAIWXWYX]WUcjdQJUZ^WMHOYPGT\SGEIHXecXUUTRNKFQbnkWIJKLIET][QLHMNTUTPOUSQRORTVTVZ^ced\]YVY`ebhleouxzxvx|‚yjlj]beaWSCARXWX_c_]^[[cb]\[XTRRTTMKIOU[XPQY[TJW\YZYSRWae^XY\`ca[WXX`e`ac\YXVamlcPMRSZ`[VUZXVQTURKHQVV^`VSVVRJLTSOPHKKJNNPRVWKR\[SX]WTXX]\NV^\PRYSOUagcXQVUVJFTVVQILTNGOTSVRKINL>CPXWOJIMLHHICGPNLSXNOUNMPUYVJDIKRRRRULNOELVSOPLLTSOPRSILPQSSWRG<@GBGOJKOSMKX]WMNUUTPSNHJPLOOMOWUGCQURWZPDA<@NDAQXUX[VKY]]^\SLSWSZ^ZRLHHJNZa[PRYW`a^\Z^c\X`]ZYRM[_acd\S^^]TR]ZW\ZVSZ`ZRUMGNTXZZOJOMKKRUVRQFQ[ZYX\`XSRVWPNQXmgc^TKLP_fidZ]fllea_UZ\VKDIPRMNTSOQ\]VVUTZ]XS[^cd\fkjfihb\UWVPK[ZYPU[TOSUROT`florsj_\]]abc`QO`c\WPU^\V\\RTYYUUW[[UYYQOXbd_Z]gmla^[WU]daZMHEKZbYKQ_b]RRUHOWRZ`UOPYc[WELSRYXU`c]PTYPRXab\[]\_…–™Š{pbZKFNU\]RX^^XRKPTYZTNOU]\QU^\NQSLIQ\aXS\_]]SQUSPSOINNJTTQYZRNW^[VPRZWLRQQSMPT^a[SQSSTWUSMLX^PLROQPPH>PSDEORQTTOPY[OJLNQRKPVTXVNKIJLUWOKL^_SNTVPTSY\VHI\ee]Y\]ZVROLSYZV[WJHAMHFCJX]YZYPPNBDIQbaQMU]^[VUMIUac^[SMX]a\`V^ryvi]WPPVWUORipqaU\a_[bwˆŽzkldWRHNX[Y`gid]PBO_c_PN[ZUOYbg_NRZ_c]^bjoqnbLV\XSO^d^QNZdc^ZRORZ_ZSU^cgf_[ZYTR^gbXURSNLWWPJPTVXVTPOTRK\hjfXLUSFEGMGBT[ZVPDHLTZWMLNGZRCD`pqcTSPQQOQU\^XOTVRSXVJKQGFQWZXQRXQVZa^YTMKP^_cjgaeo{~zy…ƒykg``^ZYUOLTZ___]V[]T?HHKO\a\PHKTUTUQPU[XUUVYWY`\XTSW]][[VZX\ce_[Y[^cb[^ZXTM\kl]JHNGR^\VQOPTUTUOIIRQQVWPS\YRAEOSIFHGEJKQNMTVNVc`PS_^\`efcSU^bRLRNQRZ`d]TPSNIDLMOPL@IMNQHFMYXNJSSJEKYZNIMQMNLNSPPMNMF@DURKMS\_YLHMLKPTUULLGR^\PKQRQTNILRRPQPNUUOMEFKJHDHMNY][Y]XMQZ\NAHJLMOPSZR@FU\TINQNHOOQJAQSPQY[XXWTQS[_a[V[[UTUWbhbQMRYbcYQSNWWUVTV^^MOZSS][]^X[[UQYZTZ\\_]\ZWSTadEHJA>INOFCTWTOFNZ\YPJWTKP^`VKKSWT\\^ab]UNJJC[kokaS[fkkhe^^ZQTTNTZSIGNPW`_TPTTTY]`aa\WQPT\dghqul_[TMQX\_[WMLJMRQR^cd`adlsqdWS[beaUX`^XOScgaOSNOV]]Z^^WOOMOVY^bba_ca`[ORSTZdieZRSR]icYKR]`bcdRLVY\bd`a][`cbJRZWTRWaeb\ULKOX_\RR\bl‹šœ‘whb\^XT_d[T]^YWUXYTVY\VTURIKXYQTRTTRZa^W[aXMKJOURQMMPNCMXSQOSTQTROJS[ZUTYQPQQOER\YSSWRKRQRQVYQSZXVQTPIMWTOLUUKILFOONPSYUOFRWXURNQPPUTPIOSYXSV[WHCNSSYYUT]ed_`dd]VRRLTWGKTHBKORVHDPXWVVTQNMIC3OTH=IX\Z[TVWSX`^XUPQWX_fb^s€zfb]TRUXWVMScmiYPV\Y_gs‰‘‰wqlbVHR\\WX]^a`b_Z]fhdRRXVQZhleSEOX\XZfonosm`be]OJMZ^XRVVX\]RNXWW\ZZgoj`YTVfg[UY`ZRRTLFW^ZOKXb\NORQONJJ_ond\\^RMRRKCQUUZZUKHQTRRNQXRUTSTfrpeVMOUQSX^b]Z^[WQQVUI>@C@T\WVSMNPX^c[ZXXSUQO[ihgfs~‚„ˆƒvjcddaXWXXXZXU\^ZQTRNJTTTUUYZUPPTWUSXPIOPOY\WVOQNHDKSZ_[[\^`_YRRVUZ`\USV[\VV`mrjSHPRS]`\RNORURUWSLPQSXYRNRYTLPVQNMMQPNIUYSMOQR\_X]chf]acZ\NGNKOYPLUW[egd_[XN;:IMJIFHFAMJLQTURJGISRNW^ZNAFLMKFKJFLPMJOQNMNMSYZYXTWTKHONRQLDPZYUBGTQTTGIPUVVVMRQNQUUWUJIMPNQYYXZSFHMRL?AGMTYYX^YI@L^^WTZZO@HGHJNQRRTWTYWOJHKX_]ULNQVRQ[c^RSRFZc^]ZRRUW`\OMSUORVXaijdVVZXUWTNOZ][^_YNQT\c^?GF@?IRQPNSXUJJT[^_VRTTXa_YXQSZXMT[YWPJCEUPLXckeXUR[ZYRXcfcdc^UUSOIPSVZ^ZOS\\[UW]a^USRFS`\Wdmj`eb]\ZUY[XY^TOQMLX\YTWW[orgZTSX]\VS]_WNOYcbXKLJNY_]bbWMMOS[Z_cd_SV][aYVPKUaif_cd\W^_\ZVY[\dh`SNNLSRQ]a_VPW]\b[V^bddedZTQPMQTUPWjmqŒœžŠjjbYd]U__WY[__^][SS\[YVWXVSVYac]PNTPORQOQOLWRNUZVQNVQCJV\ZWWUNSRNOMUYXSVVGINNQOQ^[SRUUW[VTSXZWROMELQSWZRJHLSPOTUJCKSX\YTIOTSVXSWXWWYQKKOVWNRXZTQRSLBKPOQW^Z\`ec\UQJHNVNRTMQUVNZVB=IDLW_aWPNJIPVWSU[][WSVXZYa`TRRP[dcccdiwwi]]ZXZ[YXTRQ[bc\^a]]hm|ŠŠ‚tdaaYSU^\TPQ[^ab`\_knhYSS[bcbaYLFN\_`^dipxuhipk`TMOW[XSZcidYXc`]Z_[_jifc_W^aTMQ[^SFHCDNVNNSZ^[ZUQSPKIPV^abcef\TWZYSRVRUX[YWchf]YSTSEPX[bfcVJHFHX]YULPXSGAAMUXMBEFIOPHEMV[X]hh[WVW]``VZgakuy„‹‘Œ‡„|i`fe[TYYNKU[^XHFMU\TFSWacbVSWVQXYUY[YVUW^^YSSPNJKNOSXW[Z[]__VUUMSdga[YURQ[b`a\MKWXVZ^]SWXUXYTSSNMSUSWYYVVVYYZSHNLJMPALZ`TEOQQ\cbhmjd^aZQWWKSWVYYTUQLW[b___TACEOENWO:EGMPHGMKKJCAIUZ\WG9A@AJPLRWVVXULGNX]cbYTPMYZTSVXUUTQKMSWXPNOT\]PIJDU^]XY^gf\Yad_ZWTOXb]\b^PNSPRVWVCFOQJQQJJQ]]T>P^ab\XYWac`]\UJRUSY\UPXYVUTOBUipiVUZdaZVRYckpmieYHLU_a_ZZYVW^b_WVVRLGKQI:VYSX^`[_gbagc[ZSW`_VOMSYaaa_ZR[ie\Z\]\_aYT]]YSWYWYWVTX\a\_b[WVTWbecc```ZRU[XSWac\Y`dih_UVTV^^adZRYZZZVRWZPU]_`YPY`ZX[hiige^SVRKRXYWWihgr“¤¡Œl_`bf^aca^ZTXaa\ZUW\ZSQYZVW\]_YPNQVXSPNQXWYNET]YNJT\XTWX^`a_QGPKQTYZSNLLHIDLT[^`]YRVZ[VRPMP]a\UQIIRTW^aZVPJMIQVTJJOVSGDGMMEJR[___TMMLSWLJLKNMNTTVYSOK[QKS_^[cmnf\MGKX]XUMJJPSMOXVRTVW\`_UDDOMQ\acZTVULOPOT\\VPKMZbddd_UiwxlaXU]]XZZXRPT^_Z]XXhmu‚ŒŽ‰ufhe]\WQRVV^hf\[UR]llcSMWbibWLCCJOUSOQTbqunfhbWX\[TTUSNWbe^UZ]\\[[XadilcTT_]SOP^fcSHSVXSOUY\^``]ZVRQORSRU]VUYWQTWWUH?JPSRNVdh^VbMJGGMTSTWXQRSPX]XQLPQQNGCORQPHBDKNY\RKSVZVZfcZSW]ccdbfabjz†ŠŠˆŒ„xheec`a`YGKW^[SLSHYc]SR^df\QZ[WZXNSZ^_XP\\RW]^[__XKG?FSX\\_aYPSPS`jg^_aa_\dea[XZXWU[ba\SONQYUNPPOTRPJQWXXXW[YQKQSVSOECMWRGSUUV]aX`ffgb\QNTYZ`]`_WTYZZ_a\WTRTMEGFOWSFJMKENNHCHOG)5ELLKMMOMTTDDI@@?ENUTNTKDJJMXXVQNLPXYRB<:>NNTNMPHCGKOL:FOF?CPOROGHGKQMLPLISSRUWVSKHRXVKDILNKPRRRUZSKVVM@@KONQSPNLMUWWXUV]^a]ZSPU[WTXZSOQWXRRTZTOLFKQTTQNQ\_ZTRT[^ZZcgc\RNOWY[]\VKIDEPTRPELNJKQMLU`_[YUTX[UTTZ]a]aa[VPQJS]YYWYXSSRJJ_mk`X[\_YSGJYcnmie`YWY]`\YWRNJR[]XVTSQPTYTNLW\XNTRUVV\fifc_ZXY]Y\]\^[[^b_TSgppgb]\Y[YWZ_`[XX`^XYWTTVcjf]WISXac^VX]]VT\`__ac^T\`ce_XXNW^[ZZROKQ]\OIRXUR]^__WUZSOTR[eie_XVWEHRWTO]orey›§¡ˆhR^ab_]YYSRNW\YOPNOUYNN\bWT]^RFQTU_aNGPQVTTNWa_UMPWYYYSRWUQVSPRXZXY\]WLLXWQNS]]MOSQU[XM=CMMZ`UHJCNV[daXZ`\SMLSZVPUTOIHPOLGFRV\\]YUVQJLOMJMLOPNPU\[LJPUQSZ_ZYbf_ZUVUUYYUJKIMQPYX]TORQMRS[VIMVNRX[TNW\YZTP\^YSQSVY^WQZZRYqzp^TYcb\XXXVPX[Z[\XM[ikq}‹…rfgghi]VYT\ikb\^^ehgf^RNcf\SRWUPJJUXTP`llsytiaZ[b\[ZQKIO\]YWSXZRJSbfabXHJS_caXS`e^PLPJKMPHTbdYTT\ZVSW\ZRKNPRSUTX_`ZUPOJBFKRa^PPQJSODNQJR^\YQNLOSHEQURWXUQROLLJJPSOSUX\X[^VUa`ZYVUZWYd^V]gx‚y}‡Œ…xji`WWY\YXX]a^\]ZLT_^WWX[[TV[]_^URVW^\RRVLGOSUSWUMPSDP_``[VRXYY[^^YV]_`efkjcZ`a^XZ_aYTOLTSW^\^]TPUYWUOJQYYUUZSTWXWO=IKGIS\TNUZVF>HMOVVQPI=6ENLNVPAIS[[WJ>GPNFQVPKIC==FKOMLIENSVTJJLLORURFBLNQSRSJMZ\]bdYPWXWONTXSXcc\WJLVYWPOVSVYYQHNQX^WRSURZ\XPLTURNHKMMKSZYSKT]Y^\VWYVTGHQY[WXZTJMT]ba\NCOTYXVTUYX][X\Z]pxvof_[[YVONNKU_febnvuqi_`ba`_ba^a`[SRQRPUW`qxn^ULHNTUV]^]`jokfbWQNNOUUQVY^gu|vk_^`^ULUZY\bdc_WU_`YXU^`]PJCL[^WPRbhbb_WTTQOYXR]`_\cmn]NPV]ef^SLWZY\VLKKHGNPMSOW^YXRW_cihc[TW\ZZY[aXZak~–kghe^[TRZY^bd[\]SJTYTZ`[TV^^ZYTTNSVXWRQRRXYXRQTTPMILQRSRRTUWXWXZ\YX]_ZRNLSTQTZWVSCDQVVUNPTMLD@GY]`_]OFIMJNRRKNPOPSZ[LQRNNFJGMSMYVQOGPSRWZTNILVQR\WUZad^VXUTU^fcSTYXWOKR\VTXZYXL^c]\VWJST[]XQV\WSUUURLOTWURMJKIMQSYY]bkrghni`ZPXeih\X[emg^[XUZahqƒ‚qlhc\PNRaig^POV_b_\SSZ\ZXTUSFKXW]_VXaelx|urjb_[_^ZUIKQDP_`[ZWXZ\fha_a\WLMV]caS[ca\WPHPPKYdaWV[XTTT[ehbZSSTTRUMJQUNMLJVZPKQQKHJNLHPWSTUWXSNGIKEGRWMHQTPJOPIJTY[ZQZ]W[^[V[Z]]YRNJKPRU[`cfijotqr‚Ž‘„pZJVfbWYdnj`SP[\VRVYXPRZb_XZWNSUKCSTTQPTSX`b\WSQSTUY_b[VY][OGOUTORXZXZ[ahdd_TMKRZ\UGNXW]g`WS[XKLP^ggd_UQKACKKGIEJMNVVOPNRUakke^ZVOKQIQTLNPSRW_bcd]R[bYEOXZJQFEJEEWU@GSSPJBFNLIMNKQWZUMMHHQMPX[STYNFLSQJH>DLQKAHOMJOQM97>BGCDJRUOPSTUURGMQRTNKHJIRNDC@BOUXXQICDGHNQNEAHMNMPQRPMSVTU[^[Z^UP[[JKURNFKSS\XV]]VUQPPTYSF=PUXc\KQUTUYXVVRSURPTVVPOX^\SKQRYTR\`[PNTSMTWWUVVYVYXTONQSTQPYXRX^b^YTQfpmkmfVNLSXUSNNVdi_amqrtuojmkdfcTU[UQXZWKDRThrm`UNLPQQQPSZXW[ZckkbXSZZZWSU[afw|sg_UX]WXZY_gf^cbWVZRPU__``^WNX]WPRX`]VXROX]VW_```_adjmgXYZY[bccXZTMT[YUSOLLOZ[VSTU_^NPX[^c^WUZ^`ca^WXfnn}Œ‹{okha`VO[`_abVKZ__^\\\ZRXZQWXWKACOTQTYWSOJGMRMPQKFIOVZWZWONRNPYVUPRWZZTTX[UONLLLHACKIKNLQVQDDNSPT[_\VOLNSNRQONWZUV\a^SVORVWYWNT`aTOQRUU]VQRJFUWUVVSRMU[]a[PV[hgbRGLPXYLX\QPXXWRLSRUXUKJYYYPOS__ZVHJURHX]\UJMQIEKVab`bgqrjfjf_WOT]ebWVVbgb__VMQYiw—|pld\TJMV]^TOOWUW\^\X\ZVVY\YUPVZY]YPVRPamnlmid[ZVV^ZQUSOX[Y\`dc^Ygoie_OLS[]_]LGXa\RR[[V[`a`URYZRRTR^da`b\QOW[ZUNUQJMRQVTIQWWSNQSOQRQRJNOKONJ<@LS]]NHPVUROVRPTXUOX^VQWTLV`a^\WSSMAJPWYXalmgp}|y„Ž‚j_`YQMWcg`RUQY]URLU\]]^bZMOUUWWLDVYWYTLDIX_b]YY``YLR_]RMV^]WUWWPR\]VW[Z`aa[MIMX\WPVVUSZecWUef_SNT[]Z]]WLS[YRPKLSXTVSLOQQLVcfea\YRKXWMMNNNTPNPQZa]FLage_^][OOJKMIPOCLONSOA?MNOONKJOXXK@KLOLQWWRRVSNQUSOJHBCDLLKJNWWOSPLIAJG@GNUUX^cd]TLHEDRSPRRKQZUKAJJKOLBDRVQHFKUNJE:CU\TPSZ[[WYVMHHKIUWWXX^YQQTPMQUQQSWWVUTSLOWWVX\UP[\USQOSX\_a__WWMHMHBQRHLKUZYRRTTPTZRIXb^\XRLJE?IVYX]RIIIUYYZZYVXWVZ^^ZRMBMZXQTXMMPMRUSQWOPafd`TS[\SPKMMCNWTI]YVWRVURBHHKPRRV]]XV]`_RNXULKTPFK]gj__nwwi\]]`aac^]^VX\[[[`aa\Z]ed_qƒ„|hZXVgmh^ICMPNPVUQRTUV\][RQST_`^XVSRPTX[Zl€ŒzbRROPLPRQQNMKLJX\fg_ORZTQLOOOQ`jmg`[QNTYY[][WWUUWYWX[Z[ZTJRUMLKRX[YXUOOVUVU[``\SOOPSSWPJPUPP^_UMUYTOWXYTRWUQTVOJHIQURQVTONQW[RKUWVY_]PWgjjffy~€‡ˆze^aZSPS]_dba^[^[TRRRQXUY_]QIS]_XFOUVPMGJWPFRXVUWVSRVXRQW[TPMKEO^][ZY_`XNQOOHPa`TKU[[ZZPHNUVTQQPMNOTVMVdcTVZVRKDTWQY]WOPNPOJJU^[TODMQOLLQMONV\^_ZMO`egg_[Z^PORHDMTVTNOPNLNG/=MMGKR``^WROJEIOTMIJIHIEDNNNJEHIPOOEAHQQDGHGPUKBMQKRRLUZUM\giaTSXRQSWXUVZUJDHGDBPPOTUQOOQNLPRKNLFNOLFMNIRYWU[\VPWVUYQCV[UQY``\X]^[ZXTQSSONUXX`[MOY[__\]UV`a^^]PNVXYXVY[[OCDCMWYYZUVTSPNT[SNSXXVRQSQNNKQTT^dedaZZVTXXVYWRZ`_UNR\_[^aUPSZ\^]ZZZXVSOOJFJPPNMZ[QPTXVWX\YXZ`a_``iqrsmbYSQMNORVX^]UXZ]YSZaZUOPRYUSVSRVZemy€scdkphY\cedefe`\[ZX[SGRUX]d`W\[foldbh\NRWX\d`^[MIU`_YXXV]\RMOKMTXW[WW[[TYYZ]XW\WQONKKSW]`\LIOSPYcjfZ`}“š‘whcVWWVZURX^^cbZUNQ\[UOV[YUWWXUWSNGKTPORQLRYUNTROPQWWWWWRT\\TW][WTWRGACGPVTSXYb`]]WRNKIPOLNRQOPOUYY]^YQT\][OKQQD7DIER[YPHLS\ZOQRVVUY\YVXUOIRWZX]aZQOKLSWWWUQQW]dc\Z[^\WMJJUUNOUYRQRZ]VPKJLSSTTPPKEN^c]YWTPMHY^]`hhhe`o|vdXYY\]TKR[[]c_PR\^[abgkj_`n€‰‚kJMbleYNNOLQOIGMSOUW[[YWWYU[[QQYZ[[^_ZTi{ŒŽ‡t`\\[YTNKGOPSTQ^b^`b]QR[bf^NO[dcdd\[WKKSWV\dYNOVZ]\XSLQTV]dg^PKIPYWQNPPNOTVX\Y[\WPKOUSWQOQPJVZQNORSSTOOS[`]RNQOJLKR\[MHOY]``^QLYZQMZa\T\iopjhxƒ‡ŒŠ‚ve[\\\Y]bXX\OTZ[W[VQUTPRZ]VSW]]KJKDGMOOUYTUVMHMQOSRY`]\c_UWYUQ[`cc`_fe]ODNMNcmdOU`c^UKEHK9IRTZ[UKNTWWc_XYWVSROMXXMLURUXMRULU\[NPTOPWXVRELUIT]]Z\XSW\fibbcgMUOBNLKGCIMQQSRJLRQMMQU[WKDLTVSPURHJQPG=?DHD@9EMOOPQLFB?AFMDERPDHOPTURVYVXYWSURNNJDJVTKMSUNLJFKHJGMTTNFERRPRULHMJILOECKKMPPKIPTQPMGP[RMSYUJP[[R\b_YOT]ad`W^^]_bZMST\ilcUV\[Y[YLCLPRKNUVXTLJHPVROVVNMMMJFUTMRVJLT[TILSPONFU\X^^WWUTWUIHJLSY[TMLIOSVYZYSX^\V\[\\WTPSWZZUGIHU]][W]ZSTY^ZZZ[Y[ZXZgmmf^[[YRRX]_^^QKOOIMT[ZVPQPQWY[_WRTXX]jpomjmlldchaZZad\\^[WWSKOOW`fd`_^`jjcaXSX[\ahg_WVTOQ\`[TR\caVX[XV^ZQPRY[\]ZXVRUWWWZYSGJU]\_fa]XURNT_eaVmŽšš‰sf^\\VNRRTUW[`ZWXPTVPNLWRNINSX[ZUPJTYVSPNTcaPJTXZXX[VVXUV[`Z[b]OFNTSLPRWY[VLR^d[Z\XRH@FKTVQPIGTVQOVZVRIIRNQW\^]X[\WPGJU\^VMHKKQTOLOS[[][VVIJORPSW^b`UTUXWW_]SWUJPXWTXbh_RTWV^hmj_ehfkfZU]_TUYOGQRJEMIHNPUUXUUMJQUX\_biquqhcbfe_UX\Z[aaYUWYZTU_a``^ZWY^aed\][[`eeWL[df`YONUV\cc\^`YVadXOOUWR[a\TNVZYQZ][WZ]ZX\^VUVTPOWaabduŒ•wgca_WULJVgeWLNP[ZVWU\^YXSFQ\YSONTRSZXTPOR]`WPTVTWU[ZV\]\WTKJWYPHRNELOSY^_^[QQTNXdd\QHBIRUMMTMIOKFU^ZSX^^gokcUQU]]TRSOLSY\ZPX\XYVW[[ZTQUV]]\]URSOQQQSPQVPNOOLILTVTY_\[ZXMCLMJX]]WQ@Saa^UQQUYIKTVSNKNMP]`YRVSQXWVX_deYdy‡‚n_UT\_gdYW^YMV[W`fa`b_a`homu„‡pd]XX`gd`^UOQTXTSWYYZTTWRSRPS\^ZY[cd^]^frttkZNRPPUXTPNQXXTY[SPLTa\WfocTXa[WWWS\ZTR]\TPVejaVRPU\ZUX_ec]YZ][WX]a]USSKHNM@FVYSRWVSOEDNQRPOLMTZacYHNSQMLW_[RGLPPOTONQKRURWVVSRNRQTVRSZ^``msrxƒ‡…Š‡{e]\\\cdaYVTY\XVSRQV_`]VURPRWWU[WSTQTWYXRGORQQJNQMLQWUZ\ZRJLQSQSUQOIRVONMPLPbohXUV[[]WRWXSSUTPJGP_YPceYQUQJLIKRLKOVZWVROVVSY`ddc`[QIJKPW]\RTaZPGISY\]^`ee]VQTTORSPG@GJ=BPWecWSNNTQUURNRYUNNMOQOMLOUZSKHIO^]WJBRTOQQNFJPPPTPKLTWWTRMKNMOTTOLPSPSYXRPIGSVUMBFOUTNKLNTSNGIHS]\[XRQNLNNLLTQJELUTMLJBKFKXVSTOOVVNNOPW[X\XJSYWXXWPUaee^\SFKMUZWZ^WPLMRPWZ_\QRWSNSSRQKK?@RVRJKNCMQVVPQVWUPKROLV\]YZ]\WXSICJMTY[XUTX[UURNPTZ[ZSORQSOX[RMNLT`bZ_bY]fc]\YSQ]hgUNWXUboofejjswl`cke[WLLQNHJQQQTWTUXRUYKSTUUWPWfrsomjkuqdUUZUYbbZ^^_^[ZVTPX[YWW_ruja[Xchc]Z]fidZVTWU]giec^PHW[VPPQWXZ\WLMVZZVLV]^[]^ZUYTPYWUXUVZa]Z~—œ“}eekga[PTcdRMUUMKRWORWZ\XJKUSJJRVZWUY[VSTZZXUTWQUOOWY\\]XMAFQX\\XPFIEFGHYa^XTVY_ageZKDJTVZ_\UTVVSMSSNQRQXXOFWb^WQXba]inkdchc]XUY\^_][OU^WJLYbee]TPU^hry‚Š‰€qbSUZSKXhh_WYRNT`g`WUPOMUVYU[VTakureW\gsuh`TNMIMYbki]TNRVS[a_X]e_YYfbYPVaec`UT[XMMLC>GNLIOSOOUWW\a_XSRURS\[WRPLKNFAJRW[YMHNSLLTWVROLRXVRNRUUQS^^PIQQNQOSSJENPDEGLR]^UICJ\cgf[XYZ]WPPUTVRRYy—ŒŒ}pgaUR\a`injZWWRVUY^cd_PIKGNW^`_\UMMTTNGLQSOHANTOOTZWLOYbaTQXZVNRalh_TQY\\`^VTSL]dfb``c[ZOPX\WORUPUZ]YNHRPJNSTQUSNNNQ[`XOROMGMOQ_cXUVPQUTTVW^_b_TMOS]jqpfZNLKJLIZQLJIJJMPMORSUUVX\\VPVWTQPKPWUMQVSGAFMPNRTRLV[RNRLILHMPYYUURCGVZRNRRLMTZPNSZ]WUZPRXWRTUSQT\_YTZZXOC:=CJTZ[UHKPINKDLNKIJNH@DCAOQKGOTSSSSZXYWYVUNTZVU[YMMTOO\gg_VY\OGUZZYSMOSSLFEAOUQQTQUUSY_WGMUNJSWVVUHERKEEKLAFGKSXVX^]XOKOUZ[YRQPPSZWIOX[XVYXSV]`UKNTPINSQLPTONWUI:Thh_`c^[^YSJLNSTLKZWFR_hlcZRRMgx~mYdhfec_XTYUKLW^^_[Y[]XRSQMV[fnbdrul^ZYRKPY\VTZ\[]a`caRW^a`_cbhlbOT]VL`id\\beddccdWXb^VWXT[\NJPRRW\\UMM[\Y^_ZWbaYTKMQWUU\\_ca}Ž“’Š}mbd\QNMR\b^PMV^^\]XUNMVZSW_\UNHQUPIFJPRQRUVY\Z\[TOPMJRX\XKLUXZ[YZVOTZXUWYVXVWTX\YSSNLLRNGIPYZSTNMOHMXXZ]SOSUUWTGKNJGS\UIFNURSXULMYXXXUTOSVUPXVQSSSPVSVYQRLRWY\[W\ge^UFERXWY\][SNNQX_a_QIRXXTWYPPQUZaa]VXWPUQX`__fd[YgkcV@PXXbig[JHLHJOVagh\HLVahrv~„„{qXHRZaeff[WUTPPX]XKQ\\[UPSQPOS[jrqb[ZbrwuiYPHQYZ\grlbURUSUXZ\^_]UXejcUN[chifYMKQWVPMNPOKMONGJOQV\a_URQSRX_`[UKJMKGKTTZWPQOKPVTVaYPIMS[XNNQSONNPOJNT^[TSOOPPPQMIHNNPKPVRQNH>LYXIMMLPVZ[^ZMTSOSUSYXNPUUSQNIGOUZ[TMGPUNQNRUHIRUNCELNJKUWPKNOMR\ZPHNNQMPNRW\\VSMPXVSZ[ZYWKLT]ac^YYVYTMIKNGLSNLB=BCD@MRRRXWVZWMDSSHLTVQV[VUTEFHQXWUTQLLMUXXTNHNSXacaVPSTUVSRKT]SIR]a^]YPRSF7?IMNUVSLQLENZZYTEIQUUUNKPNIENU[ZRUYLKQRKP[\Y][VZYUV^db_\TUSIV]SELRRWZ^[S\cd^OJTXWW[RKRTVQRU^ZRPWYY\YYXWZ[VP\aUHQ]]e^SNQWbgbWUbbXKNXQTcgaWTZYKNKUchg\JX_bfkr~…„|jZTX_ki`TWZVXUNMOMMOUZWROMPTV\dqtib]brxrdQQYWRST]egcYNMO[cc_]WVTR_lkaTVW`bc]TW[_\OJQRODIHAHJQSS[ehXKSMJMU]ZYSOONPJPVXTRNLIRWRKJIGHJTQQWWPJAGKPTVUWSK@JV[WOQXODKSYZPHKNNOPOU^b`YWUOPO`aVWY`x…Š‹‡vb]`]]\[^b`UJFDLQSUUNNTUTPU__RLQNHPOSSJQRKD?EOXVQOPDH\`SOYPHGOPJUeeWSRQJEAIVTZ`TNT\\]YWgpiOO`egebcc\^ZRVX[abUEGNMNOMT_b[TRRQPRMLYmvwobYYQH@J\YRJJNJLX\[_hk[ZTW_XNL@DNRZZLBBER[[Ya_SPKO]`XPKBCLJMQNADPULJOPRKQVRLC@EMMVXQMNMD?LXRIOTSRZ^YQJIUWSFGPPMHPQOPOJQ[]TLINTWZTUSQTRFJTZSHILLHPTONKHPSWYOMPM?BOPILV[VMCLXVPLNLUSKU^YMHMOIQ^_TKRWTRRTVTNJKJKSRLJSXXQSVOHPXZXSPSVVQSQYNGEJRNOTTKBQ[]WVYUJJMROQPBLWTPNOKOOKTROMNW`^YVVYTHEFFNJLSWX___\RLZa][^TX^^b\OJIO]]^b_XVTRPSPT[epuqnvwn_TWY]ab`YUUTPNMKJV\luj[Ybqtpj`\VW\befjkpokb\_``YQMORemkc_WUWXYXVYemi\W[[`_^^^\]^^]^UEMUTUPRXZVQU^YVWXYTZZVWRVabdjjmo{‰’’‚rc`ZVSOXafaZVV[a_VOXYNV^[WPJFEMZ[YWTPKCHMPPTVNMPHMUTVMEKJLJP^ilaLNQX]UNMMX\VLOX^ca]WUMDCBJOQWUUUQVWXVUUFCJKOX_^XSTVRS[\Z_aRNXVF@T_a_aac_WSWcd_VOUWPYaZHIORQT^^PP\]\XPGTXX]\WX]\URX]YMQ_f_VQTTUVVTSWWYX\^[V^XJFW]^_]ZZ]`\RRUPTYac_ZUQIJRXY^^YU\be_ay…‰ƒs`SSHXc[KHTWVMELQRKDQXQIDLUUZ]bmyvh`enspf\IJ]aWPS]\_\UNJOXRTTPNTRSbiaW[XQS\\T^cfaXQNTUNVWTQMKHHZileSUVLGTXTLOWUKLQZYVNNQSROSOQZTOVSQDBTSMJLX_ZPWZUSSSONUYWX[XHJSVQMBGOTVTQEQ_[SNPYXPVYUYbgcyˆ‹…}scadc^\]`d^TKBJQMMRTUX[^`ZYURQLOSXPHOGLQMGFJLOKLQQENRPUTRMV[WPUZZ\^^`log[T`dbaZZ[W\a]XSSQTROZXPRQOPMLOQT[ZQH@>G[dgbce`KEKSXSRUXVLTffbipmaXR``VOPMRXSMJIFFPTY\\SGHJPSUNRTLNRSRQMOJHMRRONIFRWOPQJLNGGRRRUVROGPURNSVRX^YW\WVYUMLGHQXSQOTWVSW]XRPNRQRRWXTMHIH=IWTMRNJKOPNC=GFDJHIWYNNVTROMPUMKOUXYIFIIRTT^]ZO=JHAEPTST[ZTST[ZUOOMIUYXXULIEKQJFSZXSPPUUJKTXZUVPSRNKNZVIENVSLTYSIHLLJK?HPQRUXQGPUW[YRMWcicXWWOJMRQWYTW\YOQV^ZWU^[V\[UZ^\WTRMO]]SZ`_ZWVUTVRKSUY[[cfikol`V^Y[]``\UY]SADXlwoc[Kbqwxpc`UU[aglmstppe[\]]]ZZXdppid[STYVYYXZafb^\[Z__WP\cb[XXVSVZWQTZZZYRQTZ`[S\bZUS_`YRV[dkllly…‡Œ†qa`UOIO^gd[]YSMVYWVWLR\`[TTUNSV\XOJQWUJRVLLQUT\\WUSTNCEGAFKT^bbUPNMY[RGAFQQKHS]_`Z[XNJOORWZZUPOS]`[XOVUMQMLUZZ[PMXZNHVX\a]X\`VFJR\a[RVU[^W]cb_WZYOMY]XMJTWRPVSDHIMPMBGQYZ[a[WWWWTQOQSUZ\`_^WQWXROQXXVa_\^VYVKEGS\ZUW\_aaZSTVY^lmbRPVXWRSY_`][X]d`cv‰Šƒr`]^XVQV[[VXXW[TILHKPLPTSSQX][frj`[YlricicWOTPRKJPRUUYWSMHLUTGNXPQa`XYZVSWYNQ[ff^VKMQPY\XSKHCAFYdgbXZYUW\YVRROIOQWWTMNNUXVTJNSQNSTHLSMGMQV][RRZYTLKOOSWU[[ULN\cZNMUWQKNSONVYWQNU\YVTMFWc]c{‡‹Œ‡}n_[[TTVXUPIGLTWPJIQWWagbURSQVPKV[SJTRLMTUYUSJ;HNFKQPMRUSTVOMSWdokZMOQT^ab]dhcZPZ\Z\dgcckmc\dd[VXahkgfe_\ULGHQWPOMHFLMGKJOZXTROF;EMTcnj^OJ?J]^cb]WW__ZaornTESZTRPZVYULRVTRONHHPQRPWa^PETZQSPU\VGLQLUXTLGLEFKLMNNGOPJJQRTWY[VVZZNDPSTJHO\_]]TGLRNHQUX^[VYZUMMSYWTNJNLGFNIILDBMOKQOKEFLTPGCDEQSOU^[POQQLFRXQR[[WWNCIFQZ]^XYVHNNFOMU[ZZYLGUVPJLOVTP\]WUJCHJPOPUUPSZXVVWZa\\cJQSOFDN^_\Z[Z]\WWNFGBJRH>GIKIJ[]POWUZ[WW^lohaa^UW[\XS\ZPQYYZXVXWZ^`]]W[]VMEP\WES]RMWYWY[WWZZSKPMJOQUZ_nwqcca`XX][UT]]RLSotmWRPUcu~{nmhZRZba^fklpogb\\]XT\`_\cd`YW[^`a^YU^c^[Y\b_\\^ee[SNJIU[[SEJNRZ[SRSRX__ZXULEPZXROSWZbekmrˆ’}aW\WQLS_a^XYVQORWRLMILYYOUVYYZWVTX\`]KCPXYQNKPMJFCNMJLFITXYXWZUPQPNRTMMPMJBBNZ]^\SQJEOUUUYSLNKHNRTTPV\SIRRRWUSPMUYWKPZ\UQUYXZWPDQ`aWTZ_^`YU_e]WZVHS[^TMVWQFCKQOKJINMKLUWRYZVNLUQVLJRTSR[\XXb`]WXTVV`a^b^SMTVONVWJLU^\ZWTWYSTcg`SSXZ]\ZU`gcWIOZWXq„ŠŽ‡p__[UMQYcbXVVRQGKSSQHPY]_TMNQhtsh\Nisoige`\SMSUOMPOX_c`TGHPVYUV^[VWWLJNX\TSZRUef]RUXUW^]UJQTYRMXdjaZYXYYRUWRPMPVWXYQUUPVX^`ZSMOLLECYQLOQZ^]WYXNHGBEJQTTXXSLHR`]TORVSMQWSJJOWWSRTZTV]^UWaces‚ŒŽŠjbb]RTQDSWNPUXULGOVQPY[UNPGJQELZ\SQRTQ\baXQPHEKIKLKOUUVUWQPVUZec\QMKRVZ^bknid\XUWVTX[[`jmh^\YX]`emmijgbc^VQOUXQTQMOUUVQJMSQOPRHCOPSTWQMOOLLOOPKFIMMQSUSKKVVJMPVWTTSTVQTQNLTTMJKUYTKDJWZRJKU[\QV`_VMWXMUZSIKMPUWYWOJMNKMJNRPEGRTXXYZZWSZ`VQTPLBHRU[`c_XRB;JW`ebWQOGKOLQT^`Z^^RISVSNX\WWXceWMMHLMDDMX\WU]XZ`ehicXZQQRRPT[[QNS]\VOQMGIGHSTKG>RYZ`^VHPUQPQQcoqe^\XLR]^XU^_VRXWYZPKKPV]_ecbYOTRLPWWRQVTXZUUYY[XWTTWTNJMSVINeosrjgbYMOOIVRWISbij`LS]acu|qlj^ba_YT\Z\fojaa^\WWZ\URQTWRT[^eibWLZ\UTQ[aYOUW\ab]__b`]ZXNNUSV\YUYWQS\VSMNLSYYSHO\dgjkonrƒhX^_caZWWXXVTUTU^`VUSRLUVW[UOXZSURY`YMSX]b_XPPRSTPIIDHCBQW][SOLGLMHLURPTSPKKNY]XVWUPPUXWOMPNRPPRX_cb\YZNEHO_^RNQRQPRRTVTKFCMTZ[WOYbaY[_ZWWP^cZQY`a`eb^W[^YTUPGFIOE3>NSWaZWZYRNUX[\WY[YTZ[OF[c`ZPKT]^ZVZ_[V^bYPVUX\^[SXZ][ZVSX[[[WW]^^YPOY``US[^OWs‡‰ˆzcYWSVST]bYLLGCHSWURPRXZYXOHVUgqundgjbXSPWPD>HQSRNFKVaddTJPTRTNOX[YUJMTSSV^g`FXgbOMVSPU\YGJOQZZZ\ddZVV[[OJLWd`TSKIPPIHLRQU]cXOOROLHFGUEKKPVSUXWMDDALPOX]aWONMGNRMNUTLKNZUOQQQNKSVTXV[]]]dcb`vˆŒ‚pjjcYZ^UXa\WULSUHKNLNGGOLHVdbSFV]YVSY[TUWQTZQNSNNHGIQSTWVMQWWXTJLPNOYZWW\fgabgbPT]ZG:Wcgie[WQCV_YY]dhd^^\WUEISTPSPFMRWYUPWWPRRKC?OTV^^ZVXZ[ZZ\]^ZUSNQ_jibTTWURQNZVNPQJIQRJ>KMPLKLFFGUTPUVRUZXUY]\ZRJSTJHTVQKORQPV[RKNSWQQVWXOIQVRPRUTPRSONLO\]STYWVVWNS[WLYcZNXWPMCLQSW\WRNMGHKRWTMCNOOQSQUVT[_ULWRE=7FLQU\\WRPEEXZZYXYWOS[WWVYYMJMJKOPRRW^]UOYaZOORZb]UR[cb\UUOO`fgb_`^MT\[TX\\XTW\UNLKFKNUWUNNFEYa`\WSOOMRJFSbdYPYYRPRWTSWRMIRTQJMUSPTTTZ_ZVRUSRSXXXWUVUW[ZTZ_`aZSYYTRLQSPKPbmqkefb_]ZQT\VSY]a`[Y`fdXYfhmh\^eb]^_`_\`a^agl`VY[[YZTMPS]_^\[XPV\[XX^a\TWXZcfdcaafd^[VOUVUTSIMT[[S\XJH[\\_^SGR`hiegiasŒ•”‚aaea^^\TT\\UNLYcg_TPX_ZW^^TOWXLONN^b[RPPJDNUTVXWSSWWSNPTTRUXWRHCNUVNQSUQNOOSPKLSSRRWVSXVRQTQJLOR^fhbTKQOIJW\ZTOMTTOORPQTTQS[ZUSUZ_`WPRVNRVYYRU]``\ZXSRX\Z[\WSMSXPEPZXRYYSSROKHN_hXX^^WSY[WZa`abYPYYRMSXZ[QVVNPVW[ba\_fhd^]bb\WXTPQUUQOMPckkb]^ZS[r‚†|iX]_`YQZYNHNMMR[aZPUVQHV^bYXTYkqslljd_]QMSSRLSZWRNHK[hidZWX]]YSPPPQRRPTTTY`^PF]aTNTRJJSVE>FKUZ]^[VTOJRTNFGTgj]SM=DMRMRXOCQ\\TIKNKKKRSKGHSPMIHKHDQWTWUQZ``XTQQTSUVZUF;;DHGLSVVYSSVSKPNKHJKLV^\XWYXXPSVPNSPMHBLFIPUWUOMOUQOICIPQOJHIQYRPUVYVOTVRTUNHIMMMOSVXWRH=:DQ[ce]KFBHJEV___]VUZYVWVRXUTSUVUZ^XKGHRZYYXQIJKINPXWQOTTXJHMJOWTOXYNHJOOSPOKJHB:7MSPXfe[OU[YW^eidd`Y\ZOVZVNU`caVSSKLSVTQTY[\ML^c^WUUQMRSQV][QSTRRU[[ed\QUUVY\ZVZZ^^jw}}yvnmlbWUVTZZSTZWT\gnh_VQTUVVY\]]YY\___VPOSX]ZWTVTQTSRPLTLPYXVV]`giafj\TY[[a_[]b_\``ZT`h^Xie\VRRWWTWVNOV_cfi_i‹šž‘uccd^WUWLXYad^V_\QPST\]VPZWKOOM\^XLHKJRRNKMQWVVXSOSWRQVWTX^VHLHPhxwld`^XTPTZWUUSMYYNNMKJOYZQRUWPO]_WQT]\VY_ZXZWOOSSQPOSPXdg`OGEGGXde]VY]]ZV[\YYUTSVXRONPX[WPR\`\TC8DOUQO[`]VYULHMRFDKOV[ZVTWTOW_c_[^_]Z_`VPT\[VUYUWWUVTSTTWRONLW^\[_`OJ[Z[\VJHP_edm‚Œ|b`c]`]QLUMSXYZSLNSRPZ_[PJORRWZk}‚w`eb^]VHPVVVTRMKHL\knfZS`eaWPVUUUUPNPONW^b\SYdfZXZXQQMPXXNLTTOK>JUYWPSTSRYa[TSOEHU]]RJPMIPRWYRLLVYUMSTWVWUTZ[SVYVQIHJKQWXOGHOSPOX[STXYOOTUPUTQY[[]]`\WUZbn‘’‡xmi`\_WUdgaTTXWOOIIPUROOGIFS\dbZQSQRPMKQOKLRWROMRYPMZeea\WMGNTSY\XUSSTRX\a`^UOWUGS_^afjmlhdaWSYXU[^`]YVSMIW[ZWZ\XST[VSRJHQ[[[X\gfYaf_YSS\b]H:\[YY]cfaTU^Z`XTVVW[XLQNOKLMMQQKKMIMWUINW[SRUQPY\[UTXXKAMVYXVKGPUVMR^_[PIKMHB>HTXUQXVSPLAAFBFKNKOYXRRQRQMV_a_\YYRMRTPHLXZOKQQRTPIEBDIMSROSVSTNOWWVTOUVNKLPGHNNW[YXSMSXSV]bfbYSRSUUSSRTUY[XOTVSQWYTPNIP\]M>@ITUWZZXPSJC>LNKPV\]VPTWVSLRZ[STXTLTTOOHIKFDKJNX\]XSLNMT[\YXccYXZ]VWZ\\aeda`\VUUZ^YW[^[MLWTTPIHRSPRUYUI5FSW^\_cglgZKQYVVRSTTY\bkputtspkcc`[VTYYXY[VVcif`STWZ[_]YZ[[[VXbaPDJXY]^aa_WQW[\ZUWNSbec`acga]W^\TX]XVa`UV_^VXX[X\^X[gd_X\`_XQOX^][^dflfToŽ›šzjdaa^ZYZ]aifaad^]`XTVSLV\ZPGM[`YIGKGCMPOSPMOJUYWQSWULACKJNONLPPLLLHNRPOT\ZXSHJTWXXTKHQ[[UPLOVZUNJLLLSVVTWSGIRVX^\VSNIDHRTQOMPRPVYYXRMCIURMY]SSURRRRVW_ge[RQVKETXXVQXHO`d[SOQPMQSVW[UORPTVWNK]bZOOPLNVY^^YVSRTSLQTRXZTQSTSOPH=HX\_ab^SRYWMORZZYXY]\WWVSZa\SU`a\Z\`\VY[\[WUVWZ\XZSNRXac_b`cjimlc`]VZ_itxqfY_aVPOUWTPY`\`e\JMY`ebYUYU\ll_[^ccb]_ZYchaY\WSVXac_XY\URUUZZ^_^VTVX[e^Z\URRUUVXTTagfeYYtŽ›˜‡m^`\Y__WKQU\^\_da\Z\VUUXZZWRRRONNMSSQMMTUV]ZQKOWRLLLNURQOKAKSMUdjbXQRVQR\_XXYVUSQML]a\VWZXUYYROVZSSSOOPX_\VLLRTW\]\VSRWWW_`UDILQRPOO@KZa\ROSVLMTVTWRT_edbYMGTXTMOVXWWZZRNMPU`cZUWLTXXNAFNRPNLWdmgWMUWafd[Y`bYQRS\]_XTUVWTUYY^de]PONT]\Vcfb\Z]Zaiq€Š‘yfZ^][YW_cfb[XYUSWXMSYTQTZXYcelvwnZZZLLWURLV]ZWQLNNUZ^a\ZZglcTVVSRJLTLHJKKIFP\^SLQQXWRZ`XNKVVQJDSVUUNLVSRU[ZVRPMTZXVXWOKOMNUYWYVSOORaaNNLQPGNYZPEGRRLCALag^TQTWZ[XVXXPQPLOTSPVWXSNVXS[YQQ^jkmn{ƒue[OY]XOOP\[U\b]KLZ]USTQQQPW^][VSUOEOWTQOPX]][\WOX^[RP\\SKMYfha]\`XXWJ?IVYWQOQP[`[RR\`ZRNRTJHSTUajkcZZWYWSQPR[[RZ]SOUYZ]ege]X^POX[]\[[WPUSJFGVXTROLHKQY]\YXbbXEHIGJRTPWWJT\SIJOSQOQTVVURMMIIMNIAFSVIKNMEGJIMY^YUSQUOJNIIQTQRHGQTXYRHF>EIB=AELPQKFDDKGDJQLLDBIONIJOTOLPQJFQQRUUX^_RJVXVYXRORTWRRSOLMORSRRTY_\L@AFLRU`gbYVUVSMNPTVUULI[`[UONC9JV]`b]RSSRQMFLW`cbZZb_WWZ\XPKQ_PGTWWY\YSMXWQMMMILNMPVQTdbWUVMKU]\XSUXXUYROTIKUYYWUUSPL?FNTYZYWOLV[WWWSSQSIHOISYXOTXPRW_ggccZQX_bb]RVXWYZ\VPVSWahkllu||xiei\QW_fjigc^]_[TMGNSW]\Wb_VUUVUQY]ZTTdf_\^ehd`]Z[cha^`]X[_hihf\\baaUQ\YRY]YYUF[Zaa^ZTYTWSLZefe``Z|”œ”ˆn_[dih_RKT_c_]b`\TS`b^UVVXYWWUQRRTQUVNQQMOPNHLQWVSWVLDIVVNP[YSVY\Z[YXRLTY[_c`WVWXSR^ZY\WRGIQRTX^_[UQOJRVYXOQVUPSURXSOXc_PQKFNX\[QBLOO[a[LQZXQKPTY`b[VW`b[SPRZ[TQOMKKQYXPSRRU][TZSGIV`\IEQTRUWV]knaWYUXY_\SR[[Z[TUUW[WYVUUUXWW^dcWEORQRV`gd`_]ZZdhiw‡Š}ga`VRZ__`a]Z_\QKJHNQY[XYXP\_YbjaQNURMRQIIKU\\XOMPGQdlf]Xcqqg_ZZZYQIHGHKRRVUUWUUYMLQOY\WTQKJIKGS\WPVYX]VUSRQUWOISY]ZSNEDKNQST[[VTSRQTTNHJOQRVTKHHQ[XUVND@?HMQRTUURCFPQRSNFD>AISTSTTWY[[QILQRLSVOT\]SLQSUSRLIRUKILKHMLNMJRUZ]XQMRRIMUWbe`VUWUXXWW\PDRUXbgfZQRNHLY\XWOMU[UUSQPSRXVZblh_XQPPJLR^WOSX[[XRJKQPMGKLKRUUWSM^bWOUTEGXaaVNTZWSUTRJO\b]TOX[YTUUQPY\][SOHPXPTQRXXWTXYZaYNNRTZ[Yae_PLKVWVXXPSZYPQZ][[ZMVab_blsupggkifc]^ZYelhadeaZYVTRWZSahb\[VNIV]`a[X]_ZV]_X\\USaig_`_\W^dbeki`[[`\QQ[WMW\WSRWUW]^TKQPRSGS]bcdhgjƒ•›–Š|i`fcYRSPV[WW_gdXTX``ZY\ZZXRV_`ZPO\c]VTPKIHDKRSSIP]YHJSWUSZYQPRQU[]_VHVZPO\iig^WKIIRJKLG=KMOUQGHOMNQSSLF=?NTTRRQQNKFEMTQRX\XTUTS[df^[W[emrx}„‡}j[^a[YZYTUY]VKMRRRMRYWURT_f`XQQVST\]XUSV]c_``ba^WLMORSUVU`imkgeb_[UQLNTZXTTXZXVSXXTQTTPR`hnh\\aZX`feYMMNPQYZPJOUQNVYXT^gi`[UWKGWZ^caWEJTWQKPT\]ZYTGHKX\UNW\TLRSRPU_`ZTKFJJELOHMRJICHQRNOTW]\ULPXVRNTRQ\b_W^^RPTOOQORTPQNMPLJJNOPRQQRIDMUTRXYWSKJONOTQGEBCMUUORTRPY`WDKSQLQUM@Ua^N>EPOLOQOSTWSLIOTZXRQRQX^[\_[VWYVU`]PQ[YQPVV[YNW`^]elh_VUTTVSOPRELTSPXPLNQMGHT`c[I?GYZSUYV\YQT[WRVXVSUWSQNIMNPOO_g]NQY[ZY]`^]XZXNIQVPK[c`YUUUPMPZ_ZX\ZVUXVRX[SCJ]_WQNRZh]][VTV^Z]eb]YXWTYZWWOQYREX__\XV[_^[\efb_abekqqokhaWdgaWW[^YYYYV[VU^a^^[MHOQS^gc^ZWTV[`a^\XU\__XRRWWRR]jlg\]hkg^SVVYZOSWWU[_f_NIRZXIM`fcecf]m†”™—{gdf[V]XUWSKS[^RR[XWSLRUWZVR[dd[MV\YOIIIHINU`a^TKYZPNSLBLZ^\WVPQVRQOJNNQUVOJSVNMQTYXWUOOIKQJLRZ]]WTMJUYTMMKQY]^^RP\\UUOQZZWTM[fe[VNRPNFKPKIY]VN\ba]VIS[WZWTXVQRQORQLLPRRW]ZYWTQV\JT[WMOYVMYaZZfih]OQOVee^XX_b`de^SKWWPQWSSTSOSZXRTTX[WT\^^\[[RQ_mv|†ƒxfYZZXR[`]WZ`TNX[TNPW\ZPRUSQPPQP[`ZSUZTONGKPPQTYZVNNY^][XST[a_UJF>;AB;BMORSQNKLPUWNFLTQCOTRPPPS[`^X_XOOPRNTWNKQXWIIRWUSJPYWPS][YZVNEFGFFGHNW\ZXXTLIIQWXYTMG@EQTRSZWOONPURNOXZYSLMHKZfjc[[Zfmgo~‡„yg^_db\a]QV_bXTRTYXROW\ZPJWXQNKKTZ[VQSRV]`^XZ\^^\PFKQUNMVcg^Z\\ZZYXYRFOSPUb_TSVTQY[XW^^WTW_`Z_bZJO]aXSMKSUXZUUSWUPV\_TR\b_ZWSJGVTSYelg\[]VOOY__YROGJOV^YRQ]UDSY\\TU`ZMLFIMHCHNQPKCHQLKKRYWUUVZZVWW\\[SS]^ULTTLNNINKOWSQPNJC@=CAAOQOUXGCPTJMSXYTMORUOJLQUUSSMKELSUMEHFEOPTYVOGISWLLX[TILSSQMRPQIINUXRPNOMHQWYSRTZXMUYTPW\\VVY\[VVae_X^dd`_bbYKLTYRLTTRTZUOHNSPOQVYWRUXWQOQPSPCKMRY[Z[VMX[XWKHK@FVcf^QHBNY^XPW\_^]TTY[VPSUW[YPTXY\^]\^_\YY\a_b`YTU\`WQTSVT_aZPNOSSZcc[Zaccdb^_XONTNUYRNOT^_VQNMNU^`adcabenqkXHUYW^^XZZ[YW^^[]b_Y\\TQVXZ`d[NVZVSX\Z^_\\^`WUY[\UU`ih\UWjokf\Y\_^XO[\SBW`caRIQ[^VNX^`]`^bcj€Ž•”Šwieca^ZW[PO\a]UW[USQKKRUUTMQYTOP]e^LKPKMMJNX]_\QX\OO\[NIOWZWVVUORVSJFMJGOTUUQMOUUY\YRMLIJQRTWSLMTVRQUQMLOROTY[\XQQZYWREQ^ZWXYeibWODCHINPPLNSWRUYYRRW[[WZ^R?OXVUYYVXYYWMNX[\`_KM^`[XUPJSROZ]\ZaheXRUYchd]TS^^\]ab\UXSVWSMIRYMT[QHOX_\YRPW_fmm`UZhu‰ˆ}k]TWRNQSW\]TNNSTFJOS[ZVSMNRROUa`WOU\UMTIERUXUQTTNKNYTRYX[\YVWZUIBT[P>HQZ]UJKINKPTPNMQF?LKCLW[\`_V\_[PJUQGGLDHU\[XTVXOJOaeZNYb^TEGNYZXWVXSHHFFFMNJELKGV\][]\X[`f`XUYXVTIIU`\WUQTZY]XSLNQORSPNRO?GQYUUMMLONLHITWVW[XTWXULRVUMLPHKRTUTQLS^\PHLKQTZ\ZSYc^eru||zq][TVYW\^ZSTWRLU[\[LFINU\_a]QPRURKVbeYUcbQKTWVXWROYZ^^]bkni_W[YLQ[]\WVLSeie^WWROVYXOENTUX`aa_bhdZXXVPQ\\_`]_hh]QVYXUSVUTWZ]\W[^_XRYcggf]ZVIRTWSPTYSPYZUQZVQLJT\[\WVIC@FNRNGBMTROW^`aa_YOFGILMSW\\RGOXUPTUVSNVXPFQVONXRCDORMQO?>?HNDBHDGQVQKPVTRTTTROKORNJLNOTXTTPEIQQV]YKJUUG?EFLOTTKJILMPQTSVZYSOU\UOOLJHHWWTVPLGELWfe^WSZaed]SNN\]QPTIRbe_UOX\PA>MVW^aYMJRSOP[_^b`^XTPSPOLGRVXUTSVZ`\RNV[[ce_fhZCEAJP[]SY`_XQKIIRVTRUUQL\]QQXQKRWYUYb]TY_]WOTY[^\SSRSPNQT]^YZYSXY]gmh^PRTLQ_^YNGOURWZYX]c`bkjb\^^YLK]a]]ehge][TT_akxzkYWXWY^XTTQ\ed^SDLXTQ^_ZYS]]US]ZUY[_[UXTSX]Xakg\VVMRW_eeba_[\YZ\YNKRVVUPNZabWh}†“‹{of[YZ[`_XVZegjif[VSWVTW\XWZWRT]\WW^\V\_Z\``]X^b\OJJRQONNQ[ZTSUTLLMQSXVUUVWVXXXW]b_YVWUNIRRQLLX`ZNRUVUVVQR^d`OQVVXYUQPZZYWMVXVSZ\SKIQYZRPTW]_\]]`egeZ]a_SPSTZ]\YXYSNQURXVVSR\]YRVR_a_\[XYX]baktrg[[][]^UFJMJMW_^[WPLHRWNMRXUSYZUQWX\dgihhlkjmgaUax†‰oZRMMWVLKKJQPOTREFNNPYXLTUIMU[\ZPLJMQNONCGPPEFMPIM[ec\^^U\[[b^SORPIHGHOSRSVXSQQJIMPPRKENHQPJT`c\WY]eg_YYTNMRPMRWVRUXXSYSDLNLMLHIINHIPLVWQABDEMPOOPGJQZaYRRHDNVQQURJFJJOUSMOU]^TKOTPMSWZdhgqu{|vstng`YZZba[^WRUUVYYREJMOU[_][VWVXVIX^YTPUYTTTUZ\VOOSWTWSUV`b^TVZTQU[]VQUPXde_]YVXVQSVRXXZ]]ZURZce`[XRNRXXVXX]_YQMSXVQRQLPTRSYRRVX[[ZWT]^YZYRWagNT\aYPQWWOE[WVMPWVWWXM=DLMKLRDISZ[]hnne_TNPI:IUTQQYUEAS[WINVTORXRHPURPRWL;DPZ]\REJMJGIRPKPMOTVXVSPNSUTHGSQLPQLPUURMKKNSTZYSMNSKGNNLDGOJKPVXSZXNV]]UFIPRDBKNNMGKNX[SLIHHSaedaVT[`_YRUWUQV\ZR[d`SNcj^HLMTQMUXNISSTLWa_][\XODI>G>MRTYXMY_aacZLGRUV[[]`cUCGPNIS^^[b^SKNUQ\`]YSECNVTLPUVOMTZVTWZRX`_WNW^WWa\WYWVULU^[VRRWTVW`d`[[__UKS][TLPYXTUXQKTXUXZbhgec]Z\b\QWbdeb`aRKScx{na[Z\\WQRWRVbe\RHQVTJQ\]^_fh[JQ]^VTZ\]_^bcZO^i_GO`a\XW\]ZWabcgfYMHMV[XTPSWab_`r…’‘Œ„sb]a\`^UOQZhqph_\Z^`^[Z[]_fhb[\ZRTRFDLNRRZbh`TINMHNVSQXZ[UNTXSMNNUY[VRTOICDOMLTWSTSYWMBLSQRQEQZVQU_dcZTNIOMLKKMVYPDOTQY^cc]aaWZZ]c`SNRMHOMILSWSQXSKJOS\cc]QMSNW\SMYdga\akpfUQK@CPRNTYUNXcaZUQMJNOPPPUWUNQXVLJKFJPTRSY]YUTXc`USNPVSSZaZUQMMFNPEFOX\\RRROMZ`^SR^kx„Š‹Œ†zidXSR[_YX\]NMRW\[XYUV[TWZVQ_a_]RLTUVUQRRRVSSONUYY\bcWONX]ZSW][[URTPMJCIX]\^ZQYXNNUVW[^aa`\RT`^YUTSTRSWYYONWVVUSYYRPQOPYXUWTOIQV]hc\X[[]^WZajh\[[MNWWX\VOU\YTUQOUX\NJJHKP\WGMR\_kpncYM>HK77JRPOTXUPORXSKPUVIEKQYSKRQNOJIJPWWWUVUNFMW^]^YLHNOQMIMNPWOCEU\ZRJHHFMTWVOKQTRPTUQJG@BILGQ\XRVSIKOPMLQSOMEDFJLILNNKGKRTKKTRPPY[VKMS[[ZWUVXOKW][TX\ZP]id[YVPQTY\ZSWWPMX``\^\WRMPQMUHDCOWQR[_\[XTTXVQWZZY\ULMOOGDUYY]ZWTJLVWTQRMIJGMMFGMQSRMRUXba[TTWXQU^XHX`[[\[YZ^`ZPDFSXUX[YTV]iqpcVXRSYVVVPSRUVWTWQKS^^[[YQS\\OO[`a`aa]SQ^mpg]]YX]]ZRSSVch_SRXUWXWU_f_TWVOSXWTWZXWW_db]RP]_XV[\]\YWXXY]bfee^TR\_]a`_^TXcnril€–”ˆrde]\YSSWRUemj__XO_\\UOY\^b`]YYUUQQSTVSQNU`]TIMKAHMRV[WVUOSYYVSOQ[]WSONMFLTNFKPQSRRPLONJTOBN[]XSUSIVXTOQLS[a^VIIX^c_PKSXYYTQVSRSSQQUUX]`WXZQNY]YYYTV[YNIPOY_a^STSV]\YZ]UJGMOUINY_VPRVV^caVWabdmlfTMIFRUQPUVSW`_QNY]TKNRTRVZUGI\bXUSQYcijjolc^aWZao€‡}kZRXYTTOIFHOOQQMJG@EIKS[[VS^dgaK>CJQUVUTSSWI;OTZiqi[X_ZSRNUZXWUNJRMAIPXZNPUTMQRJT[URPMIN_e]RQ\`\[^gg\OBDNUVSNMQUW[WYVQMDGJORPQVQRWZ\XHQSVYWXQHNRQPFKPOJAGPTOU^][\WQOTTACLRNLOLCAJTYW^]Zgkv„Œ‹~i[TPV\]albaZINX`]]]SQ^YRXUNKOTUTOUUX\SSVXYUPRLOURYik_NOQY_ZV]__ZSTXTNJHUY]ehdbfe`]VSX\dcaa]XZVV[\LMTXY`]VWSW^[NQWRMLGLZ^\\\LFNRV_dgdYUW]^XRY^ZbZLECNROSXRZ^Z[ZUTTX[>;CNTZ]WNPRR_gdXRRPAHOSTUQLTVQMUUVWWSQQL?DLUTQUTQQQXVKGOY][WOMOT\^]YVUSOMC;LROPMMJO\_OQWUM?BNWYRUXWNKPRJMOIOLNU\^YXWTSMIIGBGJMLKOIIFEFEKMPUXQUXYW[`e_TOPOT\b^X]VJW]\_\TPNOZ^\\\TR_b_Y\[UOJUWTQ[`WT`ba[JJNJPUTRVWXNOTWZWKK^e`\WPOOPIFKOS\\RKDK]bYIFKCBFOTPROEMRTUUU`caWTTUWTWVMBFT[WTW[\VPMGMTPLJT`gec_emkc]SKW[TS]ZVQLNQ]a]WX\]^WPV_c[QYdd][\_]Z`ionf\bc`VQH:BQ\`ZTOW^^a`[Zcb[UPRV_XPPQSWSRTT[ZSRUY][^_\[]YZ]]^^[XV[WZba[_YW``^gungtƒŒ‘†sieZST\\YX[^^^_UPYXTXVVZWSIKMWXZWVY\^^ZOBAHKLSSEIQOOPKHTTPX\TVVOOUTU\VJKT[[SUXOKRTNEMUPRQILLPSRPXRQZVLRQJTZQKJFMY``RHMSVXPMQWX^^\X][S[_YW`^QSSPWZTW^a[QTSUT[[QKUWYWQSROMSNFPMKWX`YHMQS]b^VZW]nxn]KHEU]ZZVW[VYa]VUJHRPUTW]__UHXVOKTTYabnojtgc][ZW`z„‚|l`]UMRNAPXSMTWVULX`a[XVUPMU]d^TG::LWOJW[\YURMCCJLLMSPMV\[TJBQ\]XSPRRMWSHINMNJNONPTGCLNMMTWTW[XO?DDMRINTQONGIFHTOQOHPWSLKLIFD<@CJMOPOLJPUSJ;2FLQ[abb\TXUW\^YQNOXaa]YZULLRVY][UTSVW\_^VOUYVORUMEKRNKKZggYUZ]]ULQTZSIMRTTONSVYYRKOVVRQUXVNCNUTQOJMRSZ_[RHFGEEMYSQVVX\USVY[\ZYUOOTXVQIDLRRVWV_^ULMNTXZUTXemqka^__ZXWTXZSS]]XSOFPY^^ZUZafgdeccaXY\ZU^ggf\YdkonjffhfaUHKKPPRMKISVW^ef^SMNNSZXTQRHARWONRY\UIQYX]afb[\SLV`a_XNYYbe^ZX[\X\`^Z_lqfm}‡ŠŽ‘‡vjcNM\_ZPO]`ad]ZXW\VPUT[]XNOPTOOMMQZ]]UNRUTPQVNIIRUVX^b^STYRU]^]]ZY``RGDO[\\\UMINXXW__TRKHZ_VSIRZTUSLHNSYXSOA>LX`]XPHLPX\TPPLQWWZ^`TO\_]ZWV]_VMPRX`b`\S\]UQRQPUZYTSUUWX`[GKSVWX]WNPGDQZ\][Zewyn`TKLTUTYXXWGNUJPJAS]^]QMZ^VNRNMNMUSVZdlpnh`WYXY\ly€„ƒvh[LUXOJWaaTSWWUURRQHLROMN`ii_VPRUUOGGRSWXLUWRNRemkeaZT\gldONPKLLNYXWMOW[RMN]b[RRUSRTVUTTUZX]\_^a`^fg`NDJKQZ\PQ[_QF?98BMOEDONOPPSVZUQKNSX]]_b[RSPLLSXSLOJ:DKOLUWSNKLUXYZPNRTNDFPRSOW`innts{†„qc`W^e_XX\ZV[\NO[dcYX[ZbjfZVYWOXa[JM\`^\NFKDEQTPL_eijg^TTSRWXZ[WTQMFKOD@@S\\abZYYYTT[VIVafni_WSOOVUPSZ\WRW\Z[`][_XPOKOQRMLT\^ZQUO?GQRU`ddf`PSY\`Y]ZTOKTVRX_AGQ[^WJLIPNMPRXYY[VI;LSKHJJJLUYZ_^QHHFIUREOYURTTQSPTRNHFELUXTOQQSXVYXVYVTOF?EHAFNFLX[^XNTUSTWVTUNNTVWSOQDAIUUX^VPPPWX\b\ZZYafebTLUVUPOSXSLT[Z\edUW[RDAMSMQUX\d`PFI?DJFSce`_bb_WZ^bc]VTVWPNIOIOWQHR[WWXPSKVbca\QOOONR``UKONGKTWSSRLBHNSWYUYYOFPVUPOTOIPVOHQTRNHIGOTUQEBMSRKHONDKPONNTTZ_\QJQOJT`a^XTMKMMRWRSWSJCCKJQSMDIFMRMSZZKGOMNFILECNSIFKJSXYYUPX`fc[Z[VOR[]YR]ecZRSUTVTMLX]`_WXOJJPWYWRQUSWUHWhnk`VXURMLR[XUVROSTTRUX\VLPSUVVOJJTZVQTYSLKLNMNGHWYPRRKJQRTWW]cfaSTTNOVXYTOZ^[WUUUT[[XXXRNX[]XYVNTX]b]VPR\^[YTXVTYbid]UMRS`f^ZcjrsmdSMSWSNU_aa[SOXipk^SV]_ac`YQRSKFUc^XU_a]bb\VSOURHOXOQRSRYfi^RQH?Xd_`^OOTTV`eYQWWPbWYZ]YYWQRW\caZbjgez‰‘ƒkIW[ab\URQWY]hi[QPNNZaaZY\Y]aWRWXUU`_YWSWTU[ZPROA>OPUSWTOX^^^ZWPSXYWTQMPPIMUUXZ\XMNVVMMOE>DSSQXVGGOQSVXTINLSWQWadd_ZXRQPSRMR\^^ff^TLRZTRTTRTORUVOEIQQLQSTXVOLKPXRHKLILX[]PCMTWWWQS^cca]]\X[fuzpb\YUVZQOZ\WLJHLUVTZ\RFR]_XQNPKSZVPOPbputoha[RT^bn}‚~ud]_[UT[^]VPPMPTLPVROXYTWY^^]XONPJPMIUVPSYXY[UMIGXjsre\YWRDHVUXc[OTICJMHSUUU][UOPTTQMEIMOXbf\_`YVMMXbfcY^a[UUOLXZOQSC>LUQOSPUTGDWXKNVXSDHIB=;=CKRRLJHEU]\XYYKHKNLPROMOYXRLQLKTUTRTQMMWacex‚}zsea\Xaf_VLSZTPJRVTbieWTVGIKIMOPRRLNNNUVSUSSOLSY^fh^`^VZ\V\a_a`UOOQQOIJNJGSd_OKEJGP]_\XUVZ_e_QNYXTOLRTKFPVS\dV@GPUSQ[YXa_]ZSRH@CEOORY\VNS]^[]^^_\b]W[ZVUPPWZ[ROPRTSMC\YWX[ULPTMHTaf\KORKMPUVUTOOTZVTRQSZS>MPHGDLJCHPVTHJQRT\_[\^WUTQPNXa]XZWPJLSSVPMSOIISRMJGLQRNOSTLOTUSQBGLRJ=>KMJMLMSVTTQTWUPNPQOPPVSMJJLNRVVQOLMPU]_T\orko}Š…s_db]]WROKKMRT_e`\bb]VPPOLJNRQUURQQNT]]\]ZROWY]_`\\ZUX^ZW^___\UQMABR]`\QOabWQFPVNKNPV^ZQX\[WRT]^TP[^[YPPLJX_[QTXQN\^X`ddaVI@@CBDUYSTVYYZYU`b]ZVdd]QOW\YLOMTVVSRPLNOK[SWZRNX]TIIS]YSLKKLPNOXYSFGRZYURWZZSHJMNMJHHKPPQRLPVQJTSKQSSNKLLNMM@:IPMQY\RS^ZJEMOPJKOMNOUTSWRRRVVRKKMYa[TVSNMNQNIINTTX[XVSHJU[WQNXUJOSUQTVR[ZWUYa^XLSYYYXVQUXTLURNWWOXflh`VSUXYSNNLOZ\\WYZ[ZUVXUXbaYQFQVVU]YOLRTNWYUPNNVYOJJEIPJHNV[WTVQICPVMR]VKMSY[YOMOKCLXXRURIOVXVYUQP\[VWLNVWZ[SPRSSXTJJQcje^]ckh\OSTVYY\a][_[]ZXRKMK^r€€whWOVac_`[TTOMX_[cg]Z^`]PCPROPKT_][^a_YRX^]YYXWXZULLOPOSRUWVPNQTSWYSRTPPQQ[\TKS\]a_X[WSQPPT\^Z`jpl]f|Ž”Šwiada`^[YUZX\ZY^ZWUSSSV[ZWOFPTLZgmk`\_a`WWPDT_ZNQ[ZVVUXcbX__XWUMOUUMKPTM9?ENPJLVXWRRTSSMCGKFDIOQZUUXULRYTMKJOS`c[MPUOU[`a]RVY[`ba`aZVU[gj_NSPNSVSNOTU]a_`UT[a\RW\h`UQXZYPQRMUXZ\][]XTW`d\YPQitx{thVPHQ^]X[]WZWPDHMSVTOWUROTUOPZ[STTRVbhmnheaW^bdit}ˆ…~r`^`[UOCJYWNBQ[VUX]XVWRMWah_UQVZZ\UXTXZYRNQMNY`fcXX`]XRPY\`]WKJKKMSYSH@?HMQQSXZRIGKHGNSRROMQPQWYUQSRPVUNCHJJTTNIILPUPNUSNXSFGKUXQNUXWVVSUWVNNRRURQN[`ZG=LPPORYYKMYWRV]^XNMT]]WOGGKTZXMT_\[\]ZUW[WKGRYX[YZYTRPQUKIPY\adc[\ZZ^^VQTSRV[\UWWRY_]`cgda]ZRMUVT[`VOMPMMQSTTQNUSEGPJORPLOUSQX\ODGWZPRQIRUXY_b[WUPQUSVZWPNSSW\^^WNPLPRROWWXSW[WMSYTJGVeedejolbYY][VZ\[[UMPYUQRLQYZcu~{m]SO\aZVZ]\VT[`]be^VWTTUR[\TUSZ^YPW^fhbde]TRSUX_c\ROQTTCCSX_a]SKR]]XZW\`acaYX^]T\]XW]c_TMMW\\_gjncVs‹••…q^W]]_cd_WTVZ\]\TQTZXTVZbeZNPMR\ae_UWXVRROCLX[Z[]XMR^]`b]QTZ_db[Y^XQSXWOD>IOIIJNSVZXWZ[YTRVROPU^\YYSOPOW^[QO_cb^YUNQWT\ecTMTX\ahjh_VXV`gfUIPTTUVPMRPSZVSWX^baYQVZ^\THMYWROFPXWUY`]ZYZ]XONT[W_oy{r^IAGTZRV]^_^XNOQW]b]^]NLPSUSQSVYVXUS\hostqd[UV\k}‡‹ˆ€mcXYZWLGH@@KNOVWPMM?ECQ]abc`^VHGQTXUWgplfmof`^__ahf_RJLJJNOPQOLHPTOMTUYXLGKRXRJIOPSUPLQPHGGLNNLNTV^cc^TG>@JQPKOSLPUSSHNIMJJRPQWQEFGMVIJOMKMOFOUPMNOLRYYSMKRXVWYWRIMQKRRIFGUZVNQRNLPW`hmm_j‡•–‡pa[KROGILLWafge_[[QQZWPJJMTYSTVSURPMOMGX[U][OGR^_LANUffWTSTVUSPONTYQAN[ZURRPSY\VUTM>>QYY]^]VUZSJQXZOQRKKQX[\`^WX[U\b^Y^\ORVQPOVWXXSOPMP[_^Z\^ZYYad`[VZace]WSTZ^^VMTXSW_fdWYa^X[\\\^YTPM@@ESXWQAHMIJIS^ZNJKIEBRUSILSTMPWUU\^VTPLGHRLMPUROVUTVNLPJNPW[RQTSSQUSLGPUQHHFFPTXZVFJKM@7KRTX]\NMXRFGRYUQTQTP==FFBMSNKQZ[RQTZYRMOSVZ]^^WTYTRW\`[RNU^_YQQX^bd`YNT[UMS[\__RQ\b^cmldWYb\PNSWRJPKIQUV^a[UVRJOUNHMOSPLSVX\SFBEGGHMKTVOXdgaUTVVZWMHPWWV\\ZWTLCQX[_^ZQKMOZ]ZN>GNVTOKUelkiihc^VWVNTZ[XNJROMXZdffdalu{wfQ\^Z``a^[WSWYR[ZVW]ZSQWXH?BP``\`YVddabaVJHVZ_ecZYVQRJHMXei_XVKR_^a`a]OUZOM_b`TQRTUT_`VKLSVVY\ejj_g€Ž‚€t`UW^\[ZULSVZe`US[YWJNRWb_VWSOMO[gdXIDDTVPHR[a^\_`^[^^bfaY\\ch`YUWWUVUVVQIIEDMRM@HTXX^[_ZMIOLKSRLKFIPPJPWVIT_\ZYTRUWWTY`]TDL[bdfabd[X]bd]MOUYWQSSQUPTYTOVTRWYQJNQJCLJPUPLCGSYVYfj^aaWTZ[\_\UfxxiWMQURIIOOSVTPTYY[Z[a`ZTNLRWSSVWPS\WR]nyzti[W[cmvyˆŒ†t\YUSVPOMCGTQOVWWTNHMPNUVXWXVOPTQPPRUfqqoljaahkigbYTHENP@IPHQZQAIPMJ?EONDFILLV\TAKWYWYWY\O?HIKPX\_^Y\\QJMPRPU\_ZW[YKISSGNVRMSXZSCFRY[SOGGOOJOMKGKUZWRWXPFMUYXXYUPKQWUXULINWZSSWOGHS]fpuriy™’{d]\XSQQUWWV\d`YbeZRWVTXXWRVRNQQRSWVX]UELRZ\[YNOSNINQV`^ZYURTVY]\VPKFNUTPNFMPINNT^_XORVQT^`^\[UTRT_`WVPKIRTWbe]ZWV]c]\Z^_b^SSRRRV^`VJMW]_ab^[WSUWQUYVXW]^b[_]X_f_RLX_ZY[aXHSWSVYSHTVQSLGBELVZ\WPPLJKJTVTVVPLKPNSQFIKKINLIPUVTURI>JE>IPVRNIHPPOIBHTX\]YWPOTUQNOUZPEIHJOSWUTKDJRYOQSRSUTRPPM@@IW\[SSXXPQ[\\aZQQSXUIGQZXOFBT\^]_XQLPWUNNPROUZY[]TAPaa\OPQTVUXXXahifa^SQR_edbabcWLPLEHHDJMMSZ_ZXSOOPXWQQPKKNPRWRHHHPIHOOMPQLS_aUOOY`_ZOGEQVUX[^\[VQUY\[STTPEGWXSQRX___\YZ^]WW]djeVZdd_V^`XIRVOSV\adcV[oz{vjfnonha\[]WW\[^ccdfcZWUTGAKNOWV^_WWNFT``[Y\XWa_U\]VLCO\Z]_YW\a]_^\VUVMCFINZ^ZZ^\QROTTWPGLKJPUZ`ggch|ˆŠŒ|`RQUSY^SIMR^c`]WSOLIKOUXX]ZTRX`_a[SKPTYWUQQZ`ZVWWTKO\fhbZQQ]\RKSYTQSPLPHCKLPRVTQKRW]]_`VOQTWV[\ZUPNVWHR[WMOUWWSWWYVUVZWNJOQU[aXXaUOX^\RMV[\[RFTXXZ^b_ZRPNRQORZYSUZYSTQMJFMX\\`cfX]WXdbZTX[bsvoaRTTIAD=EN\YV[`^RTWac]WOMX]Z_edZTW[\\`msrkZLY]aglizŠ‡n^ZVV[\[PJTRRYXPQRIBOOT]ZTYYVRSRNJIPS\acdfaVUhqodWTVYPRLGSQMSL9BRVPLKJOOLIKPPX\UKIQWQS[_ZIIQMMRWVVR[ebVSWTUZ\[TRWWNJORILRTJNTVQIJMONJKRNFGG=FGBHKKTWRLNGGLMPVSQQV\[^ZRSSQTXYPKTYPKLVailjrkj‰ƒodbd^YZ^`ZRScf\Z^\\XPSW\a_XVRMPYVRRWXUNNLJ[hnhYRLKMKQX^b\OUVSMMQV[XYZYTUXRS[XUPRX`a[ZXZXYZ\\XURMOYa^TQLNWYQQVQTX[^]ZddaagdYKISNLU__Y\\W\^cc_XVRUXZXVUZ`a\NOX[Z_]YVW]aOSWOFSRJROECNOLLORTNNOQQUVXYYSP[_adZKMNHMPLIPQNIOICJLY]ZSHJIR^ZKQUPGPPOOEHU[PGNSLHPURGMRSJGOMMNMUYWSPJJQRRRMLOPQPOEJKH\aSMV\UMNQOIDOTMC>BFGTUNKORURGEDJMLPUURMNFNORNC>MRNOSN8528JVUJIQSRLLGMSV[]XSE@@DHDQYTHIRRSY]YXXWUY_a`^\\YXTIX]ZVSVNMVT\_WX\]VVWOU[\Xcjh_\^VVUKQZTEOWTLMV[XXSHQLDQ^^QOSQ[`TGPRSSUOBNWUSTRMORMFJTWUTWWRNJTZYZWOQ]YVUKLXZVVVRUSU[_NKZ^YSURUaml_VZ_]WVXZZXTT]`WR^]]Y\Z`rxxmYWY__]]^`[Vbieeh\X\``ab^OSSTTNIP]kng_efikbZ]ZQSXYY\WMEMPTWLQWSQLKHQWYTMS_^]VV]^c^]^[SRVV\fg`Y\`n|„}m[`VLTYUVX^][[UX^\VVTS\]XW\WLQY\]_UES]YQRVNNZ\XW[XG9GPY^bbWDHRRSQTTXWVY^]WKPNNRLLY[VOPIJOMMHJRSLLVNGIJ\d]UPRTF@RZWWVRLPODPUORSTcddedYYVKOWMV]YQTUWUI@CGLRUUU\b]R\cbRRc`VU_dc^WVWSKZZVSLMR^^TQYmqcOSH;PYQQTPCFMUYUM?HNPLGIIELXZUY[[[WSW^bjhZRLOR\bhpzƒ„~zueZUXWQUUQRRRULBMPMOV]]VHLMQQTUQGJW]_pwrdWQVXXXQNSUSPHLPQHHKMKNLNWTQPRRPUL;>IWa^LJVYZXSWZ^[X[^[Zbf_[``[^ZZUUSI;:NXWPIOSVTPKJJPTPJPUZWUK>GSTOKEBEGOTSNNLHQUSORTW\_\TQRLS_`WTYSKNU[_lw|~|y‰Œ|kge_WSXSNJLX_`[UDIPUPNUWVRTSGRZYW`g^OJLMHKSa_`a^ZTZXWgle][Ybb\WSGHT^\\PBHIM[`XS]`^VJHIUZPCHRVVGKTVWWYYUMOKI[[UZde`aWQWSVb^VSQW\^[RPJAUUOX^\PQSS\b_`^SMMPQUZ^UNQYa]XUSAPWXZTHC@Q[[UTYZSROJMU[]UPNHGDN]\KDQKELLMUPKJNUXPMOJENOGHLJMQPLPWZ[YTHAAQ[ZTKKIESWJKRSWYTNIIJOMLEGLKB@MQPGHMQPTYTPNJIIJOMFDMRNGA=EFCDINKHDAHMTbdT=IS]_\XXZ\\[age\]a`POST]^TKVXMPZZYTX^_ZWXTJQ^_]hjhd_YV[SR]]QA?KRTTZYRSS[\P?ENLMQT[b^NCHPNPTNLSTMPX]ZPMRLGNY]XQRTPQX^YTNGIMNMEDLNQUY]``Z[WLKXZWWZWZ`ghXVRNTV\`a[X\[YROQUSOSNWlx‚ˆƒlY`]ZZ^^^[VX``bggcaX\b`[MMSWXZTNUZ_`[XX_ffWRY[X[NBQWPKW[K@OPKHGGKNPOLKKFBDLHLRQMJMMNQRNFGU[TA6>ELS[YVVOQULHCFVTTURLKJNLEHIKJCMRRPLHBBFGGAIQSJGHNMFKSQI<>LRJC@INORL@MT\c[NNRVYVXW^b`][`b_Z]b`XLGSY[TRYYVTVTSUSIPYYYTPaeaX_koh[WQLQWVXYULVYX]WPQRPVXVTUTW]^^YRRVUQO>KVYUSKJS^d\QQSTONQONFFKNWb_ZQKJKJGJVUHDKUZ_cc_XUSSORXZUYbfha[UM[[YZYTRZ\VQPT\[VWYQYdu…‡{_[[QJSWSQSZVOX`cb^YXSQYWYZ\ZXXTTU[_feZX]abPR[Z__NAJRTRILUWX]`]TKPXZ_b_YVYURRV[QTX^^`XZ]UMXd]^gjev‡ŽˆxcYXZQV^]\^ZRLMQSZ^TKQVQSUY\W[cbZKGPURRTTURHD?LQVYVUNIXiki_OPWZYSUYVT[`XNOEARSMRU]XPTRKOY\]WPNOTT^daYXWSNS\dgaYSVPQTSMPTGESYRMZissi__\\]^TX_[VX[[XZVNX\ei]R[\UV\YZYYUU\^`W?ACSbg^SMSXYYUKILOPTRQQKHIKMMNMIGIKQVSXUNLS[_WTROLTSLFHIGLSOPRUYY]XNMSRQMDLUY[TLR]ZO>DFFILNMORKBGHLOTRHGKPGHMKKPOJJFGK>JSRSQNRTONWSJHPQKJPX_ec\Y\]\YTTX_gmnh^XTWWPVYJCLRSUXVSTJFVYUQUVTUVOJU^db[PHUcOS[]WX_dc[XZVQQHOTQKMNTWY][WRNJQSRTXTSXXJKRPFJNTTQPTRSVWSWTMMVZYPNMIPW[`_a^YRW_^^a_UOR_fb_ZYNTXSPZXSTSX`\PVY\][\Y\b_dqwvl\PVWNRTMSXSW]ZKGTcfa\]^UJHQSWVXYXY[WRQR]^]ZUY^]^efhXIJRQTRRS][UX[^^QQQMRU\_X[]Y[XT]]XMHRQWSTdmjbdu‹“•‹nSUXZVONRVUY^`^_]YV[XNZa`b_]]cc\QSZZ_b_XX\WWYPQVVURLQ\kspl`[\ZW_c_ZRY`X>CYd]U]\XUZ]af_SU^YSMEIRNKMJGVULUYXZV\faRNMHLY^SJNRUTX\`pk]M[^XSNPSOTRRQTTKTY[WNSX_XFCRXNX]TRWRLHLMUZVPRWV_\]YSPTaidgi`X_`SWYUZZQIKNRVTLV\TTWPNPT[XQRROJWUFFS]bhg`XZRU`kz{~|pgYUTOQMGFJMRONUYSJUWZelcS[\WLIJEJMDJKQUT]jjc^TNPLHEDEMK;?C@@@FPU]bie]Zb`WUZ\ZSABOOOSLISZ^\QQKOSKPSJOROEBJNRUSXZQOUVQPVYNEGDIMLHGFPQFDW\ZPLNPIJSY[YSGRRLQTTUTPPQQWYTLSVTU[Y][XYXVUQJQWVQSROSSNMPVZ_gj~†‡…{ibZ\ZZUUZTQ[bfd]VW]`[WXSVSX_ffb][VPMHOSOT[UGT[XNLhql[NMJLQOQX_^XXceb^\[[YYW\YUPPV][UJGLNTWW_feaXUZ]UDHS]\UVc_TUWSRUVVGFKMVcec\\[PIKSX\WT[UMMMT[Wbd_XNJALZVPNGNSUUSMOWUIHIKMOQYYRRSRIJPWTMLMR\`ZUX\WMGIKKKGMJIGKPTSNNPQJONWc_ZZWVSQQRPNQNFJPUWOJNNMIPPUSIQYUOUZVVTU_ZMC?PZ^ZUSJKXXXTM?BOTX`dZRIIMQQRSPKLJHLQMIKMD@CEISTVSNGGUXSXYPPIJUYVRUVRQWTMV[URWWTMVb]NGMT\RDU]a]YULOY_ZX]\`_[TNHV[UPSURTXabZORPESYY^]XXPIP^^VSY[[VNJIS\ZXROQTWXSLVWQMGHFOWYUTLI^[S]a]UURRWWU\]VW^b[]b]]cbcX[aWTU\\_][\[XXZV]WWW]hkf^UZ\TZVM\ccXU\XJU\YY\Y[WPMRXZQDMVWMIO]a`age___XILZWQN^ih`VPCJZec]^WVVKFTWKEPSZ]^WVTQTWNV_ccYjh]m}‹ŽuidXV^]^YZ^XV]\VVSKVbikcWNFNSLMJPMCQPRQLJSZYXUIHLOMD?O`nuwoXP]`\PSVQMNORV[WPHCDJPSKLHEILOX[bdWRZad_SR^\NTUQUXZYPNS\^^XOUXWXV\bfkibXVW[cb^XZ[ZXSIHT^[UZ]ZNMGJVQRVTVQLLUZ[\\WR\fbWTXM[ca[X]Z^[alvkYSTSWXUNFSYYUPQTH:HLOLMRY[__^[QPURR_a^UV`ed_WVgeay‡…xnc^[MSUNVYSJOUZVU[UJN^]bfeb[JFQIHUTRRKUltmacjlZRSKGG8HOPLEGKIMJ:5>ILOTPEQYTNKTNJPJLOOTTTVROLMPWW[QIZWJFPSQOI?DGJ=@HGILIN]_]SKKLC@LW]`WDROIIQTOOWSJHLFJR[\QNYa`YYXVY]\VNJKKQQNLDOUUP[fms‚…‚…ˆ€q_VQY]`]\^cdb_^a`[`^_^^XQPNNTae`[^]^[[\XSY[TPOHTXagcZMIDJOWSMQPKJYba[RR[`_XMKOOFGNY[NE[^VQV[]Za^VWYVKJU[ZWY^VIX^TNKFIFFIOSUZ]_\ZROKPWXUVZ\VIEPWV[eYX]\TRZ]UQNVX\\RLTUUSRXTQV[^_ZSINNQTQRDIPOVWRIPTQLIONDA@MWXPFOXYROHKKHLY`^[ROWYSJKNKMNLRVTVRAHKGRTJQTKCPVV[`XHIFQTOIQSTW\]WTX^][YVJEEHKW_[YPDGOQOLLPUQQRUVQOOJQPCHLLRSOMKQ[^\\OYYRRSVUVW[STVW^b^[ZW\YQTZSBAIMKKSXWPIT^[dgeZTVVVTW\__\RFCOY][PSPGDHKKMPWSFISRO[ba^_ZROTNJT\ddaYUUSTSPMVUSPJHPW\]]YOSXQSVURSTRWWXWURV]`\\`_bbd]UX]XPTWWWSPV_][YY]WQNNWchh^WYWVVS]jgWQUIS]YMPa`]YCLZWW\VTWVQPWW]^\bqsnfbYGOSSKTdbXLQOOT[`\_a\WTZZ[WMNQVXUSUYYRQRMMX`_eomktˆ‹ƒvsj\S_c^WNOUY\^[^XGTbddbXRPBFPSOKKJPTPLLRVYXTVRGAILTTJUbgghhc_^WJETTIEIJSWZ[SOD@KSWXXPNJO`_QZVPVX[^TLVWVUTJUXXXYWZRDNNGMYWURV`afimi[TQPQ`hcRLUVREGSVTPYXJKWRRKJSMJOVOO[]]VUSNRWY[WUWXY[SQPKUctzxhRQVMNWWGMQPNALZYRIHMI=BOZdigc[TOSRX_\V_ff_[[XVeaZiswsgYYUTYX\aZMJW^ZQSQJIQU\]T[^[^]^]a\TURMdpodR]kf[_\QD?=IPXWTRPVVLGOQVXRPQUUVUQNLKJGDQSRFFQOOORSPQ[ZPIX^THLV]YQU[_`]TLHRTNKJUYTSQRW\\VSSTX[XPLUOSXSGNOOQVVNKV^aaRGUXXUOPQPXZRV\[]`_\RT[[\ZWOHJKPKQVRIIV\XZ`b_XPNPONV]\OJPVWZMALTUNFITWWXXNIQUOVXVVXUMORNGQTXXWWVTPQTSRW]YTPIGOSPRVSNPXbd[WZ^_\XUWOMVVU[YZ\ZWSVW[\XQQPSWTPR_^WY]]ZDGIR`otl`]UOT[`igZVTLV]\SST^de]^a]YWUUSTNVYVZca[brvria[XTNKS_d`Z[\WWUSQ\b`XX]ZZ_a\ZXZbdVQMRMMOROLJLYikil{‰Œ€s_^__]XNOZ\WRX^\YWacgh[YU?BMSVQEFJPRMOOQOOPQOPWZYXZPI[injop`\]SVZSHFJTUPT\\ZWPY_aZZWQLNTXX][MRZW\\VPVVXQNSWTU\V[[OKMNQNRVM@N`h^hrgULFCXfeWMTTUSOPQSPMWSQ\]]TINMHDPVTUXXTMQSMNUSY\UVTZ^YV[__gusgRNUUXYVXOFMMHILMLSRPTVYZ_]\][XPNDDXYPZcd`_Z\ZRT]jsphZV\UJRVTVULGT\^SHOUSQS`aacaaba\SPX_b^W^lspedt{rfYMEGEDIEE@BBPZZSFHNNLPSJBTOIMWUNSWUPGGSTSY[SQTQSOMPSNPSKNU]\[YLEEIPW]VSQSVQQNNNOEOQLRQGIUZWSPWYPKMGEKJNPTTVXXQMKLRTNLRUPQSWYTPNQRPOPYXPf~‰…}wlca\b^MT`][]ZVX_\XYURMKSZWKFMYefZW]WUZ`\UTai]SU__`aZRSQPQOILOOQNNMRXVRKNQTZ]WNOURVYXY_]ULLFNYVWTUX]^[[WQHSWKY`ZVXZ[UPQVY]XRTVUOQUUWae_PPWTQQSVRQNQSXUTYWTNVSTTVZ[_]RLS]]TXRNUUQPMJNQTWZ`b[VSKMUWURX]ZVNQQMMJJQQTTTWWSLFLKAFHGEAQPLOIMYRPQNDMPONNWXPEQZYQLKKEBFOYXYXSLU]VQSSXQHNQX_]SOTZXSTVXUOTVZYOZVSUTXZZVMIOQRVOOTRIHHBHM\feYRMMSWSMMINUMQYXV[Y[SLAJUQNQSPVZXOOQNT[]TIKUXSLPWXIPWWPXYVW]VPTYVMOPWVQRWXTSQTY]XNHJTXTQPLUTQTQVUONPIS]a^VQSONOMIFEJMU_fbWPWZURKKJNSL?TXUY^\SZ^XLISUSUWPS\^^[Z[^QKQQHLbmmeebX[\WZadcTHP`c^RHQ\_]hj_UUcaUWceaXQYaaW]mrk\UZYYYYXbf][^ZVX_b[]a___XVY`aYSYa[P[PJNTVOQVZX]bhkjo€Œ’”Š{jW]\YXVWWXTLYfg`Y^]WW^b_LMX[YZZPKSWY\SHES[]]XLOXX^ZNL]jilul[UQajcVXXX\Z[a_[][\a`ZURNIMNQY\ZRR\^YVMMTZ^XTWYWXTQVXQQPQTNEMMLPR_^bpnbXNV^cbZQOFSYWTNTZXRQVZ[X\\VQQY[URXXSQF>HPW]\WW[_XWQQPY\\`ovskaWOOTXWHAFMRNHJFT_cZZ]]_\VTXYZTLIJHHOU]hkea]UQW`py}r`WRJLNVTLGHTZZUSWSJPS[_WSX\WTSSVY[be_\`ejdY_gmh]OFISRNIHOSVPPYVLJKGEGIOOPPNJMRUX[UQQMRTSYa\RRQHITZZTONKJRSXWZWODIQURV\_UKMX\PFDFNOIMXYYUVTPHOVZXUSKEHEOTW[\_aZPLOLZ]TSWYUSRPOMKJPQLKT[]\j|ƒ}‚Š…te_chea__SNTTRXYUTYY[YVUOGHEOT\[UPTUV\^[VU[]RAI[achd\TNPURQVW[YSRNW[ZZXWRUZ]XTWWSSXURWZTKMQPWZYOEV\TVb]SUXioh[JOXVKEQW]`]SZc^QRPOTTW\NL^f]NFRTQQTV[QRUSUZXMBR_\][PS[]b_OQTYQH>AEGPU]\XXYWVTMMSTT[YPROPSRJCEHKKKLORTUNOTPBESWLJNLMJGHKKNMNQPECLX^ZLM[ZQOQTLNFGUUMNVUSYRMTVVXUSRQT[WQVWWOKRX[QQQSW?5GDLSRTWZZPFFBQRQVURNHJPUSY]WSTU[WPOONMQSTUX[]YPSXOHRQHHPUY_d]U\YX\\YKDLY`WNS^`YOFDPSTV_^^`YIPUX]\ZPLPSTMLT[ZRGP^aZULLRUVPFRZUNPTUWUPNQRUKHSUOEHOTUXVMIPM@>BHRRQLUWTWZXWX\`ieXRUUXXOPXUMVZ]YUOYWTENcjiijf`\SPZgi^LKNORPOOQTTX[]a\ad__b`]UMOY\[\dpunZMKR^_VX]XZ_cb][_]Zcklg_TQW]YQSUJDTXSWVUTJS\VXgmolcl|…‡‚zmTY\U\abee_WdkdILUMW]b\TT[[TS^ZSRTXZURUW]ZY[YRKNY^[VNRN\s}yhS[eaRM\^ZVUV]_ae[UUUUSQYVHEOJLROUWXWROVZ__ZSQOVTIPUTTUKRYVTVYUIPTS\aihaU]jbNPRFGTURNX[\[OOVXWUWZZ\a`WL?MQQOKRZ`aXXSQUX_ZPMX\UX`jogc]RFLRYTOILRXVUOGZc^WXQRNKIIMXZRTTQKKQQ[efed]RWlz‡Ž‰w]KRUU_d`VIP[[ZWUQGDRWaYBMVWYTIRY]cfdmeYOX]O[lqm]LELSRJD=FRNKV\YTLEHJMGMUQSSMPSZ^\WUNTYWV]YKKOQQU[WKIJGIMMIJTWO;DOZUPU[VTPV]UNJKJQTRSX]^VZDBKQQRVYOINKKVVOQZdebXKM]eWHNQSRNGJLIKSVOPYac\Pf|€Ž’…k`_de[Ubfc^WLJSVSZZRQYXOFEHLTZ_^TJTYQMRYRP_eVFT\aloiYMOXTNPSWWPPPVca\_bb\\_\VWURSXZQVage]^cidRPPVWQTaaZUgz€pUFLSQH@DT[]WJQcic\]]aUGPTQS``RCMUVYUW^WVZWW]aMW]YXUSZZUTROHRPXYWSHJAAKU^ZSSQNNKOY^WSMIKQKPWSRUQGKLLNNW[URXZRNTVKHSPLF?>FLOOGKROCAM\[RLX^^ZUXZX[RQSNIU][[ULQSKTXZYSOLJOVTMGGIJOPPVVZSGHNHNROYZUUMMR\\UTVZ]YW[\[U[`[XUTVV[`[UPJKOPLVZRTWQIGNWXUSPY`aXVXSUUXVQT`d]X[]__\YUSSRRV\WSWYSQQRVYZXVVUOGJU^]SLNZ_]XRRLKWSIR^ZSSRNLGCFIPSROTSMORRKFJNKGJOOSUUX^_^]YKNUSXWRQ\c_QIJTZWURQDNXcd]PX^ZPKXeddjg^MGMYab_UOOMQNRVV[]XR\[URVYbe^\[UTXRU\\`jogRJUcc]\UNT[fmj^U[\]iupc_[XXUTRPIMIOVX\[WPMZWR\hjdabo{{z}…|iSY`bda___[[^dZWYZVX\]]USNIHNQNQQORURZZRQTROSQQ\b_\SMR[hrzr`Yf_Y\[]YWZKLTZ]UNX]^[QTVRITZWUPNWVPOIMTX]^VLPSNJFGRXZQ?KUV^aYCW`VJLZac\IT[OLNIBNQU\WRUSHTWJGJNQVX\\\\SE8JSQP[_]UNLKNKPY\SLVWYaa]^^ZSQU_b]SGQOJRQRKR\ZWWKEHKOIFKPMMW]UKSVWahaabZX\i|‰‚lYZUOJXYVTPQVTWYUVQGS]_\RLTYWTNLYbp‚‚lNV\YMPdqlbSSNPQKMOJQSMR[]YTPQRPOGHHPWPHMUVGLRWRNUW_[KEHV]V\]UJMTUTRURIEKIKQVVVWPKNQBDLJPRTSURFJSWPPNKPMOUXSTZ[MJTMIIOZ]VQJOUHB?JVWTTUOKLDJJBMWYZY_u{z€‚tid^ZT[aikkgbWMRV\^VQTRMLMNJGNUYXVPPTUVY]]ckdQ@P\`mmcZWUOIHAFTTPZWOW]_\WYX]\VUXWMQ]ZOLW^aacedYRaZZ\SNXWXc{xbKMRTPNGP\\TKHOUWQPPKEJMHNNU]ZWOGLRLOahHQVXY[[TXXSX[Z\]^\WMBHNWYTKOZXSKOX\TOPQMSTVMFABGQRSZYWRRVVVQPDGPUWUOGKQNFKY[OE:9GQVWSFJPGL[]RMRXZXVJGMTXVTVNIOY][XT^aXQUQUXRNJNPNPLGNQQPQLOSUTPKIIKAKPQOELRY[YPFKVYXY\[TScc\URX[Y[XYZXWSRNMRS\cXLFO[[[VDNWUUVZYWVMKJIVVWY\UY``WQUUPJLTXADJGOWUVWROJIORMNX_ZSWVNKTWVWWRQNDJTUTYYSPRNDDCDJPWWJGNLIJLQUTMKMQYUNJW[[[ZPLR\_^[WWZQQ]^_a_YYTQYgh_YVXVR^bb^]ffe`]ZXZ]_ZVTPSROV[Zchb]\SYc]^`db^Z^aWW]YRLeplZP]_XZXPQW_fec\YZP[uyh][ZYXVZ\TMLX_SLOVTJLTS^fghe`evyƒ‡zc[beb_ZSSYYQV^]UYWYbaed\TONPMKOTXY\ZT]^SOL@MKPQT[`ZOLQ[eosmdieVZ]YTMSRBPYUOE@T_YSW\[TJV[[RNV[XUPIDMX]]NLPGEOWWVXUIMTZ[[[UU^]ZVTY^bbYQMMOWRX^^]VJRWJJ[[LIQW`bVJTXSLFNOLMRURJJKKKLFN^_QNROX\VXc`QMRW``\]a[UWYYTTVZ^[UUSRSPNQLDIOVVTROQVYOV_WRYco~‡…€sa^]VLXSOV\`_VVTUZUHUad_TQLFEDNYad{ƒu^`d^QT^d`UKRSHFJILSX]a_YSRXWTQPHHUSQNONHMSIKX\[RMT\^XUPOWQRXWNHNNOPSTNCHRRNWOGQQKMF67@FHKOOQI@@P[]XXBHPRRMJPRSRQNJ@FIKKSYSRVTVLEOUU\]VOWXTSQNPLPX\kxzz~{ri]TTUZW]de]WUXVWacWT[WLMUYPKW_[WVOITYY^a\Y[]VBLP`mmaZTBBVYWXXT[aYXYZXWY\\YW\Y\[ES_^VOJN[b]UWSW_`fdXSVO\q|xn^VSQMNRT^`XOOPMLPUSV\[XTVTRX]YVQOMCJ[hhcU\]ZTMLWQU``ZWTRW[XXPW]]RLJKPSMIS\VJLMQTTPVXSKQWW[YUWTKMURFDBDMQRTUQJORJCQ[TKIORVSSRMIJIJVYTPOOQTXSNNVWYYRH=JY\TNPY_^^[UKIMRXZ\ZRFJRRPQOLFKIIHMJKPMNPUYWMKMOUSOUVNIHOQKKW`b_^__WTMOWWWZ^XQNU`e_M@BPV[\[WVMDLT]]VTUTKKNLW[X[difad^ZVLKSPQGHPIAQXTUXUPMHPWXW_a^UUUXTOLNMPW]YSUSIGRTOOQJKRZ\XSNNLHSVRSSRSSOIMTXUTVZWSU\ZYWSMO\`f`\\YUX]`]^d\JFO[[_`Z\ab[Xa^X\ZUYUXZVR^PQZZMZd_XU`jjc]bdb^`dd^]USTUhure^_UQ^^]ZWZTX_`aXYpugZZUTWOR^cZIRZ\WMKMIHUUX^_`hghghmq„†v[SUYcd[OT\WQXZOJHLXZ`ef`\_ZYZWTZ^`[VRXWSTNKOW\TJQZULIMV_ltobVSXZWVW^aVL\\XTGGSXSY_URQQ\cc\X[WTODFLSY^XWUMMOTTOJPRPRPPR[`XUYXWWYZemg\X[Z\XPV^YHEQUQOOTTJMU]e_MUVOMKSXXOJTY\WSRTXXS?WWQRTZYTKMQRSOJQ[]cfc_ZXVSTWVXSKLPTWPNNLEJQSKV]VTVMHXcZV_dmzƒˆŠjZZWRVUPRX]]XTURUUPQ]`UOMA@E?GZd]Yhttld[PPRUNID=MIHPNIHNSXXSJCOYTQOIHRXZULFJNQOUSURTTGAMTPTYVPPOKHBKNNRWQKFCEYUMHFMPNNJDMHACMNJRRLCLT\\USHMPLKKORTVSSKEIGDGPWNLTS[YUTUST[[WOKKQSJEJTW^bnw{yqqtsl`Wagfb\YVSVSMN[b]TXWOKX]THEQUUQTVXYX^aZX\ccUKJL`faaXMIUSRQNO\c^QMCGLQXWSRVW[`^Ybff^YMBSY_c[P\a]TSS_bformeYQVXXVRNWcc]TQMOUXW\a]VXTMSZ[ZRU\WQMPdpi`c^QHTXURQXXXUTPSVVTUPQURUXUJJMUURQIMTXWTRXWPNQWULPLQRLEHMILOPQQRVXM?PWTF;KRWYYQJPNEFHFJJNMJE?=JNNSVQJNX^ZSKR\^TQS\^[^b\[]USXXY[]XMNTVQLROJLGD@CILFEEFJSQJNRTSMHLPNSXUUQNY^^bee`ZSRTTUTXZ[ZX`ieUGJQWVPXaZTUONWZZZ]^SPY^^\PP[__eki[XSPUaXXSQSQQVQPXYSJGSTSPQ[`_\ZUTKNKNORZ[WUXUPS\]\ZTPPUZXUSRVUSX[_dc^TRKFRVVWNLWSWZRMMZ[Z_efa[caPPOQX[ZZVX_cbWSTXWZWR]]YWYSNW^d`QW^W[`YVcbVO[cc^T\^XY\XY]^\STXU]fa]de`aggaZVZ]VS\\Y_gedd_TOUXY_\WKLWZKC?IMIOU]\WYbfijbclx„|j[UKPY_WOZ[UVXRMX`]\`a^ZSVVMT]WTVYUNQUTHUSSTXYXUIS[XMLFKWmvpYW\SIGU_hePOZad\F>KIP[SWZPZhjg^WXWQKU^[VYZUPINZZIGHKU[XPHAMRIFTYXS]^aklfbe_RQRQSSPQRPU]^XPGOXTW\RTXSOOQT^^QNTUXUSWVPUPZL;ERNIKIGLNFBNYZaec\[SLNY\XVSMJRSRPMROL=;JMP\^WKGL_caYXYjvx~†…ybROPQPOQRSSPMQRPUWTSZ^Z_[KFQPS]]W_o|~wpeUL[ik_QQSIMNIJJOJMKMLJJRUTVUWRTPMIFNTUTUPNTNC;FNOGNTPRONTTTSMOTTLQQDJVTMNUWVPFMUXTKMROOUREAOVTMNQFPVVSQNT]]RDGRWJFPTLFNOTVXWZ\XSRTQLG<:AEMJOXY_nwznm|~{yfN^gfb_b`]YLPXY[XUYVPSUJFOQQRNKRVY[^[RPP\aXPMBIPWfkgXNMLNWWSUYRINNDQUTUWRTVPOJPUXRILOPTVWPT[WRUPMJCJOPNE>FSQQLFRZYVN?MX\VFKTQGDA@KX[VKF7>KUZUGDTZ][YULLRWRKJMPVMAKPNPQMNLKLPVMHDLVVSVWYPHPYWTOQ^b\VZXOPYXM=FQNRRW\VFPWVMGNV[WLEMQLLLMSYUWUUSLVXKLUVSVYZ]`^SSSPM@CPOQ\^ZXTVSLOXVNS]\YTONPY\^e]KLOKMOMUYRUVRQNDIX`^ZYVWXUJBMV[YVTLGMPTUWRDDDCBIIKPOOK=JSVVUX]_YKHRTWSUZZSNS^cb[UZ\RW^__dbW[`R[lsul^OQVY[]]TY`bXMT\`aionj_[^[SQW]^ZTPPPW]ac^VSafbZTUX_ec_^^ZQJXdc_]\YZWWR[fb\ZWS[^[^]TVYX[_caa\YZUV[YVKUZYXWYZWSV\ajob]t†“”‡vhf^\ZYYWSPW\[USSXWY]ZPPWabYXZRRQQWULV\WXZ^[MKT\YNIWVUXV\d_cda^UOTSNW[SIMYXSPSZ\UWVWXURUSKJMPUW\`a]Z_WQOIIQWTSVZ[VWXTRWPNOQZY[_]bcaWR[UPVUNKVXZWY]bWVUQNHMKNRUTTVSNXQCCMVXQOVWRU[ZOPOTVUTX\]^SFBQPTaiie_\SPYTMSNNTZdh]PT^`PKONW[YTQT^fied\_fjbcuƒv_NCKO\]SPOSWOKT\_XYhmdVLPUTMZaa_\^ji_YS]b`bdf^VSFGLQNUYXZXTUQTXGFNIGKPKHBGLLQY]]WWUSIDKGDFDGFF>@RYXSJOX\]XXVQMNWOBGJGPTX[YRNRPIGMQUYXPHHOSVQRXWZ\][TT^[POXZWGOY\WYb\NNRLTVNUYY_VOQQW^b_SSa[W]ZOJV_kk`OMPPQOQ]PJTRSPGEQXX\][OMMNPKMW_YLDLYWTWSVSTGEPQRSQOPKMRQIOWRLLLGJSSQOKOYa[WZ[Z]_ba^Z[]^deWCPVQUbjni^VU^b_\]XXVYX\a^bdkki`]ce^_abc^SKMOOX\^^WVba\TQV\c`TRY_WLMXdfddjhca`ZRY[RQUPTYTZZ[^XXYZbccb\URSSQUSL[a^Y\__UOZ][cbQ_v‡Œ‹‚r\Y]`\YNLNRVSMHLPYbc`]POTTSa^SUSRY\QCP[^Y]ZLE@LVSOWZZTKKRR_lj\F:LUPW]ZUY_^WWW[YXYUKMURSUQUYWOPV__XLPVVWPLSYQIIHSX]_VNRVNMMQW\`dfijg[TUWX\[WRW^^[[`^VTTSJLRLV^\SXYPSUSJIRYL9JVPBNXS=9MT^a___]\WLFQWXUaeb`bbZPOPSTJCL[__VU\^S@CKORSSMPXZ\Z\^agpmgs…ˆqZTWY]_UWYXWSNW]_UJVdcWXZSLKTbhge^\_a^YZ_]`owsaQJGP[WLFJNXPKQWYNILFGDE8>OQVRAQWOHQUPMGE>CJG>DW[TMOVUQSPOSSLNPILPW\]ZUNJOIEINRHPYYULQZ\WSIFKSP@BMQHGTXRQPOMLHMVY[TMLQVUGHOYWUa^SOTUT[TN`knebiu}|qcff]bplaUOOTXUPIU_`_YOVYVZ^^[WQQJQeg\SQSamk`NGLWjpjeih^GBLRRKKTXYWXRPKJPR[^YQNM[a`[WYVTS]hg`TPTXSUaijaRNOGEPWZWVXZ_^V]ZTTVUTXZ\[VPMNVXMFENUPG[hgZW]^ba\^PORNHHVUTXVTZ`\MKIWYSOGQXKBMNLNIF;ENPKJOLOSY^VRVRBJOFJITRGU[[[XWURGHJECINTXYMMMPYZXOKKFDIKPPPSWYRLNIHMTROXTLHIGEIHKPQPRPNNQXXUVYTJLVWUNJNRTW[ZQLMKJSULDOQMBJPVYXWY]\YVSRPMNDL[^USUUV\`]YYQQLMJGINTSLMS]c_ZWYfaRTZZTQU[a]PHSZULGQSLQNGHJIPUNCOTQOPX`_[Z_[PQYa]URSKNMB@STKHJSZXMHTTLEGFLNPT]_YUREFU[bhbVSVWWY\`aZWXSLNRLNQQRU[\[_gg\ZVLPY[agf^\XZ[YTX_\]]\eh_IOUXRYca\cmnfVNRW`g^U]_\\XW[]WWdga`cZMVYTV_\Y^][WS_`[ZVY^`]SBFPWUSTXT\aabb[SOV\_^bgdhuŽ…kQUZTVWWZTPQNQWVSZb`\XLFIW``VNOJP[ZNNMV]^[TPJQUWSX]`]RLN\gijkc[IJQU^\ROX[dT?HNQY[UKLPTY]`daVSUU[_ZTOV__ZX\VOQSY`b_VSQWUKMSQXbcbekf^QLHMSQWVMVYPMR[[ZVNPW^[RY_WPRPIVSOSWVL@JSUEASQGDOWZ]YOLPPXTZZ^\USbmuskdXMNRZXRTRTSTNKY\OGMMOUWUSONZ_[XSVeojet‚‰„lVZVSTWZ[WWNPW_][WVX\_`__ST_cc]]SNYfkg^ZW\`mvqbRMV^]XTKU^\QQWUHDOKKKIHKWXZWLTZUAJQOQJHHNYZWUGFITRLCAEFLMSZ\WLCLVONOHGFIGMKHJOPV]ZRSOLOPVT[_YOKRNHPRMMKPTYXTPKEJJF>?KRTLLSVYPNUVKFBJPUPGJPPQRRRRU\ULNPVTTRHJRWZXZ_^ST\WTW]]XOCHLJLWYRLNTSSWXVbfTDCRTNSUWYYYQTPPUUVSSOJKNLNQH?FONJPY[Z[[VTUX]ZOIHJOPLORQMLNELTTFQXVUVNLPNIR_a^]UHGKT`ZRWUVV[`b^PLTUONUQLQPQZ^YROYb]VUSV^c\jogc]VPWZXWV]b^Y[ZUSY^VUbccjtujWJMUamj^XTT`cYYefadhc]XTP\c^^ZYW_[TOOVZ\_VOU[\[UEGJKIVZSNXZ^`_[ZZZ\_glk_jx‰”‘‚hZ]XVOYlmdWRYWPKWc`[YTMSVYST[ZZQUSQVSJTXSPNLS]_WUUS^a[WX_celpnd[URUXZXSRWVSQQTNV^XW]ZSRU[edaaZSVWVQUWURTZVMOU[]c\[[X[]OGTRS\a_cd\UTVOO\YRSHIPLGLOPRXVST][SLQVWSOORNPY]ZP@GRUQEJQJHJOT\`TFQRFKYY]`YUV\t~ugVRTXQKTVWVPQSQXSPJEELQEJSR[gljhaajmifvƒ…va`WORSOVUPCGS\_\\WJQX[X]ZMOVTJHJLZflnjaRUTaklbSINYa^[Y[``U@DRVNDDOY^WNIOHPONQPMLUONMQKIODAR`b[NJWPJKIPURMR[^QOY[TOLOPLJPWVMMSNGTSNMINORVVWRE@=AILFNVRYWFLTNPYTRMHL[]WYXPRX^YL?KRUST\\^fji^Ti~††}reZbc`WMUXWTVYUFT^WKSOQOQWVOOLMX[]ZSJQ[]b]XT[nxscTQYUNOVWZTW[XYZSJIKHMX[ZWX\[XZZXSWdhfjfab_WTNQWgqo_W^WMGHLLQSW[_^[XRW\^\[XYPJOW]`_XQQOMSZZ]jib[O=PXZUZ]QHMTQMLTUXUHKPQODKWZTQUUULSNLINUTTSVYOJPSSX[[WQLKHNPB7CJVWQLPQXVKKJLMMMJLTRRQOVUQOOONNE=INNNOIHMNT_a^WQT[_]SGJLGQYXUEEJOTOEKOQQIFMOTVTQYXSNBCMRREKWXQQNONNTSQJQZZMPTSPT[WLMVTPO[\SX^YNJRabUQROSURTWTRROVWTSVYROURXYVQRTU\_]NP]ZLJPPMKLORQKLJNW[\ZRLGTSST^b_QGGNVPPZ^VFO\WPPTNLOUU[\VPUOLNTYYXUC8GJQY[VVTP[cc[T[ZQRWXTPSTUSPSNHWb_VPVbi`\bdki^Z_^^YTQQRPU\_`_]XYWSTWY`\LEU`cbcXMW^`WNN]ikeXPIUY[Y^^VXWVYVRQXWPW_\MOU[`ZJJLFFXd^OODCLWZYWRXYSX`dddgt—{dZYXX[ehbYPMLNPPXUVWSXYSTYUYZWPQLOUXSMOTOKNOV^RLLQZYQJZ_]`jospeXMOS[^[UPNPVWTTPYZPUSNHPQ[aZWZ]WPQVYVSOGBJUXYVPPX]^VVYTHTYRX]\^aXSQWUS\]ZUSURL?GRPKQW[VMSWTRQUWYQRNRSW^WGHIROEHJIKEEM\e_RTYPJQV[[XTQ^oz~xj`YVNEHMNSQW_\[ZMADMRWQILV_eefgc`dkjgf{…‚s_\[WQPY[UNGPXYUTSF>>R]cc_Z[VV[\UMTbkkeacXO^]VXWWTY[UT[]_WGJQVXSSVWZWQPVM@LSX[YSXSIIQPHLNEFPYYWD8DMNNPFCIGLTWMRVRRMOPPRV\\PPUL?@HF@FSUYWOQPKOQILUXUVOW`\POYUSR\^WSWZTOSTONZYOKCTNJRRUPT_b\O]r…Œ†zlaWYUSZfg^XSPNGKTTIS]XTPMNONMOUY[YUXPQVa_RGM\qqbNN[XVQVWXZYURU__YONNMNS\__XMUUXVZZce^][RRWYUQKQaosiZYQIMLMMMQQWXS^`RLZ^XW\ZQISW_bb^RGISTSTU]dbXXP?MXPRUUJJQVTNRWXWOORX[ZSTUKLPNNMUSWWNHSRRTZVAHPWZ[YXWTRSTUQJLLLKKQSRUWUQE=DDBFORUZQDIKJIIMMQLLLQVQLKQTTX]`]ZUNRSOMJNQMTXX[OBT[WJGNHGTVRIS[_^`YRMPOPMJOIASYTONMMKOUVLIVXJ2HURDRTM@GPKIV\RNUWZZW^e`TSUZ^WNSZYWRSSSX\]XSZ[USNMMNU]fjdVXWMIQSVWQU`^RHFKV]_]TQWZVOV]b\POKLQPONSWSP[^TI>CKOTSV\]XUOTXPJPSYVEFH?PWRILLHX`_YZ^^^caYTURMPQRVTR^aZV\dkd\[dpqfYVV[]XTVVR[cd`^UNWXRTYSRWTSS][Z[[OFLSVNJ[fjieYMSY_`[WVVYV[_ZQNTSV[\ZVOPURRWWTMSbbOHPRLQVTMPWZWYZ^eicg‡–•‹}j[YY]XRKENQBIKSVU[]TSSKOZ_cbYMOPNSZZRILPSWTJQSMPUXLGQU^ZY[`kureTLPRXTWXVTXVRSURVYUOOPW\V\`WNW`[UXUMGHPTVWXZ[WF:S^XVZTIKMJHHHFFTXRRKMKMNW\[TUVQMLOVVM:IVVLQWXUPKLQX\\XWZSUSNWMUTMTZ`^caY^l€†‚ym[U^d_d`[[TDEATYVUVXVOOTWVUSS[WSXZ^ZSZ^YF=IObhbVRUTXZUROgaYOLTZUUSNNNLQTY\MOUPRRRX_]\[NEOVZVTXQVcf^SIJGMIEFIPHPO\f\KEWZUW]VOPPRX\][[VWWUTQRWXY[YGIQHFRQKKKPT\\ZSX^[RX[YVXTFHLKLXN\]]RRPIP\b]XQNV[XSG@MYXSRSURLVPONDG?BJHD;@=BPY[]RBJMKJJGKMFKVNKGFAJ]inhgih``YYivwlYTLDP[USbe\QLP[XRRWP?GGLCCRTMGHOQQZWRVWTORVWSYb]PJMNOQVSQQVWTORPED@EWYNLKGGQQNIJIIRVM>@LOQQW\RKTXZPHSQUZSSYYNDIY[NIGIUWXVX\XV\ZWKSac]]\Wagbb\mŠ”‹zaY[\ZZVY[MBFKVZXRUYWQU_e`XVV[TIFFSZWUZTKIMXdg]WVRMTYXWT[^WOQNQIEGDEUVNWWSTY^WSUVY^]]`XQLLRZZX][PUcg_ZRLMA?HRW\UP][TQQTOQTRJLVVQITYYSMQOTUPJBQ`e[PVLKNSUWTTV_`_ZTX]YSQQV[YUQSQFGLRQQPPQQPV^][XRNSNHDHUYYTRSUPHPSTRMDFILV\a[PGEHUYWMHNQMKIFAEGT]]^\WSPNNKMVTRSRWSPSXULMOLUZWENYZXSTZdebdb]\XZ][XVZVSRTVY^YKGTbf`YUWSPWWQRQQPU[^^RLTVQRWUSRJNW]]SGMPLPMBHIFNOLEJOOLKINHLOFGLDFIRSPNMHHIKUULJGIV[WT^ih]YX[ZTRVXV]TW`e[[hfgghe[SVX^gqsnaXZZ[_]XW\^VNC9EVa[ZZRUXNSafaZ^ffe^TGP\ddceh]UVYZV^]PRQUWZYVXZY^d]OMMJSYYZ\QKQUTPLQNPUZVQNKSYUX\ahv„“œ‘vORMLTXbhh_XPSWWWZXWZ\aeZKLNLGQVY`\RUUahcOERY[XLGMQOOJN[`XMXchlf\SNXXULRSV\[ZVQMUXODUZXTOR\ZVWVWYXTRSWYWTQWUIMWZUZb\QPUYTWZYVWWZ_heOXXUXRTSRTVQEGIHGVWLRZ^XKEGIKOVY\YTJPOTZRMS\[UY\]XUOIGKUWOLOPW^__\ev{s\VNRPLOTOMLMTTFHOUVSTPTQJFLWaecct~tb]_s{zxnea]]^QFNMKMIMPTQOT^cc`dVS`^NITX[fikgpokie^ap}ziWPQVZUMY]PNS\bXKGRSKFGGLGGRSJAJMGOX[XVSMS^_UR_b\SWSQVTPSW^^WPSTPMFFSXXYRNRMLUVSOQUUYNJPMOUT[RWPLKHNQSYTMJLMJIU]XLHNVZZWWWPSXZYXZ\^VWWTdj__`Z}‘„m[OHUWTQTTPGJY[PFQURUV_e`\LKPPHRURT\_[WQOYacc]SSTUZ_^YZ[UQJPPDCBAKUUXXPTLEO[\QQTPV^_[RPZ\TT[Z]`YSahgd`YSGFJRKQYVNPQW[WZZRNJ?EOLTUYYNNUVUWOINRZ_[W^^STUQLY]]UIBKY^]ZRZ_YWRW\ZUMARWVLEET_]TVRQTXOKJBDJMTTUVX[Y[]VX[ZQCFSUXYVSEHRYPNURNVYWTMNTRRVVRJAGW]ULTSNSQKGK@HMKNXTSVXTRNGGGPWVJGNRGGPSQILPX]^WNZ\]\[TLX[a]TX`\YXXUPSWVOGCS[YRQ[\bc^UYVPUTOOPMAHU]WG>NUY\[WRMKU[`\PNVYUKFKQJFFLSQPNHOW^ZLFLVRNRUSSRQMOKMNMTRNF:BV[WQWVORYYZVNTW[ZSQVVQQX`aaZZ]VS[PQ`pslb[^\ZZZSU_ZTPKOX]^][SS\\Thsuk[T[[_XIQ`b`[bihfb[WS^b\a]RVTPLQOSY]`^VTY`edcb[PONONLHSHMW\\WMEQWUX[[_mˆ›œtVSSYV\dge`TJS[ZVULNW\[^[UPNHOZY``ZTQX_geZZXRWXTQT[bWPSWZYXVXknfc\^SOZ[WV]\ROSMHUNCAQVSTQSVYYMFPYWPJKWXTRUYSOWWPZec^WOSX[\ULP]]X\d^YaVRPPSQWZYNGIG@N\RCFLWUQNPY\YV\ZKNXZUQRQQNURELMKOPMOUQLRQPVYUMFGLSTTSMJQVMLSUWXOLMNOSRTUVNY[UNU__[TUTXXSQLS^\RLGVZ]YWTY[be^WXQU`_VUQQUTSI@HRXYTRUWRTX]]SOPRVULGNGILKVZXOHKVUMIE?PUSNKRVQONTSHKGDLQSSJLVTRLPPKNU`SQTXRQWWRSTTU_c\SXaea`bYZ_gkhc^Z]_[XWTQOUV\``Z[[RRWUSbsxvpcUSHKR^da\RV]^ab]WVUSJW]ZTDMIP]]XPS^^YU\baW^a^YMINOOMUWPLJPHEWWORV[bdco‡—“„m[Y_]b_\\_`XOOV[^YVQSNJHBISTOPFP^f^LJNW]_]]X[c_ZVV^aYPILRQNSajf_WVXS\YRXcaYOSSOUSIMKJSad_SOSSTSW\\VMPRUPIOTNQV[Z^\ZWVQQV\ZSS_cYM\eebZOTQLMTNJJOTH@>KPKQSPRX[QI^bNLOA@LYZXUQX\UWYVRRW]`\SZ\VOPR[VXVZ^`cmn^VNNVYac^WUWSQPTZZZWPLNOMQ]ccafszzo[cinwzsfTTQRUPICDNKPRJTZVX]]\ZZXSSQORXZ^]Wdso_Y`_Wbecfd]MFJHCKOPPLHVcheYUUNIFG[_UOTNAIMIUZURRLKVUQJKOTPKNLNROR\XOXWWVDDM?IOOLMTXW[XXVKPUTUVPCAMLVYNPXW[VJHOITSJJPLU]\RUUQQU[ZSOTQOTTQLMQOOQPUZ[XRTk~„€r\\WU_c_VX^ZWURQRTUY[chh\VXVRU[`_\Y_a^ZMU[VV\_XFGO\[POWYWTOMMRV[^UUYSNYVURSVPOS^^_hfWTRZb]WRNTWSUY\ZVWWQLIPWTWXRU\^_\XRT\ZRJT\VLHZYHGNPVW^ddc_[^YURPTMKIGdg_RNVPZdbWQWNMJMMQWTMSTLQKLMTKAMX[PA:LUTWULLLPLQ`^^]TPRZ^\THNPNMOVTRUbe\NJLLQOHBDRVSPJOLBISWPKEKQPKLPRQGKJHNPROLPPRUTNPWXROLJMFKRNMVXZWOILOKU_[VTOKKHLVSQOJJOPMPSX\\WTTXTLMHJQUXYXQPOTOOTU]]RSYXWQTWWZYUMJX_^ZNOZURQPU]Z\]WYZPZ`^ULNXYVG=BFMPW^[WTUYX[XPRW[]`XNGMWUMMMNHLVXQCFIOUTHBS\VKMMMKFKPUWW^a]P?HNSUVRT\ZRQXXSMMNQ\a_Zb`WLQ]`__[TRZ]ekj_Y\ZY[YXTRU]_ba_\SHNWWX]epunba\QT]^XJITRGOZ^ZUQNS_b_ZYVJKV^[SSPXbYPNKBEX]ZN>LURENXVSHLTFDLSIRZY_^]e{‹“€e[\_fdZRXYVSMOWUUXOKJF>HOUWPHIP^\V\RDP[UTW]fhdc`]ZURNNKHNNW^beXKNU_eWP^aXKQZUUSSTPNW`[YZSMRU^cc\WXRHV[QRWSIIT[VQMRXYVX[XRQV[[UR]^a`\YVNPRI?=ALG@GKHIUWUSSUZSXcYG=EORYYQQXRLQTQPDCS^Y[]_]WMKOIRUTUZXJ`pm^RJHN[^YSQROUTFJMMTTTUSPLFalkkmpwypdajqw|yaW_XZYRTNDELRSPLMP\dfdaaecaYXY]`a[\qtfU\[VU]a_ZTJGFJONIMLNQRT\[SLQPOLDOYVOML>DQLHLNMRURQPQHILOQOJBIRRPVPKWZUTJLKEIKKIFHNPQTRPVMITY]_WIBBIPUWTSVXTQTSSKAESXT_d^MJSURMNONPQU[XVQLUTHMRZ]a_^XSn‚‰jRMLZdgb`a\RTPV\[\YXW\a[RWSHNWYXUZcddhe^[ZVXXVHGV[\RAJ[^\PDO[^YUZZ\ZZ\VPVTRSMT^dfkg[YZRWYSONQSQLMSXZbd\ORQJJQ[VP]aege`XZ^\WOKA=G\cZVZXTJT`ibV[d]UXYYNMQJMNR]]XRO^b^RPK@IRQEIGITZVNOQY`XGKNUWTCAQUVVOIIJMV_\ZXRNLTZYZXH@ITY\]ZZbb\UPD?DGLLFIQQMJOJ=GELKFHNVWLKSWRHJRSKNZ^WLB=8OQQWWOFCCFNUXSHQRUYVNKIELSTTSQOOOOOMDFLHJRTXQGPWYUUUUUUUSPS^e`ZV\acZSQW\TTRVUTWYTMM\`[[]b]WPSTPRUWZ[XXRMOOOMSRSJKTVQPPKOUUZ[ULNSJLVRV]_Z__TOMOQJJMC;IQRNJLKUWTLIU\XOOQPMTSNW\ZSS[ZTPLMSYUNRTLMOTQQQNNX`b]Z_b^YV\b]PRZ]ZWjqne`\VUZ_^[UYUY_YKNV\\VOIOdpldc_ZUWX]ZPWYPGT[WHHQSR]_Y\]VU]_^^XRU_b_XPPMORXWHGRTPCNXZTKKKEISWP^ZP]acax˜‘xYY_b_PJWVOLQVTJCQUQRQOUWUVQNOGJRT^^URZ][WPT\_`]YTKHV\QJNVURSX\VXYYa_YXZUNHSTTTSUSNRZRLMPSNQX^b_^_^RPY[XYRPMJVYVMNTNKVXXY[_YTY]^ZQSUYXSUUUQIIHINOKKTXYPTXSOVUYUVUT\_]XTWWWWXTNTXROTPS\YZZYMMLNQNS]_WXlvqbVSPPRQPLOINOHFGCCLQQUNOTalnpoccrzuh[fw‚xi_WVYRU[TKPXYXOON[fb]U_fgf`YZ_b^WVcihbZUSKQbbXMGNILYXSLD=MYVNLHIFINKNKMPOSNQRWYVNJNTQTUWVTRQPQKIIKOQPSSNOVXWORVQLO__UMHIOOONLNMMT^_\TKEFGET\YROVUWWTMGEFA@DGSWRPQY^ZG@KNMQSQV^XTYTRUZZXZ\Z[hŒzUOZ[WZ^W[\[VWSTPT[YUZYSTQJBLU\ZOThm_TZYWWLNWZYQUYY\_VNQYRFIV\XIT[QPZa]QRWUJMTX[]_aRGQOR]ZW^^\[VSX_ilkg`[TKJRZXSZ_`a[QLGKW]\N>AKTZ[`a\WMLZfdY[bZV]\UUURNGNT\VMNW[a_ZZKMWXVOOLIUYSW_RZ[YULM[]VHOY[WQMJHBIVY\XQMMRWSLNNGHSUWZ[\`VDGOJCDHFDDJOPKGHHDLNMRSVMBMLJNSWVUSTODPXVNKJCOWVQWWPGHLOPROWYWPOTZY[MGOMHHDJTSPRWLGMFGOOTYUPTVTQDHY]VWTVWZUUXW^daZTQYXQWYYQQXVMMWZXUSWWXYYNKMLTQQ\\\XOMMCFGHUYVWRQZ`^VUVXYTPKWYUUZWY`_[XTQUNCDPXRQUUWSTQQTRSUQRRIHVYURV^YUXTLGNOVKNPHPSJHB=JRUXKISY[[\SMLS\_YTZaWUddgc^egc]XRTQPSUY[UX[YYTWXXNMU\bdfa[TQR]db\VXWSN;PVNLW[NLRWYXRTUROSQX]\]USWZVPNLRSLMLMOSY\WPHEEHQIKXRV^bc`}‘”Šr`\Z_VJMRSJDQZXJPZWMLMNPXXRRRQSTQYZ\^V]__[RTXXRIRUQJTXRVXXPKYcd]^a[WRJBNXSNT\\VPQNHR[ZTDMONNSWRL\c`ZZXRNNL@;FLKHJHHLSQRTTYVHKQTZSMOWUMSX]_ZRQMGNNJLT[ZTZ^\YUQSZXTROX\\_WFNZ[VT[\RHNTRX[QVWTQVTTNPVTP[hmg[YWSOPTVWUYUWSQMHFKGGSQVchqxyocjtztfScv|{q`UONKOVWVNSUUXQT_caVMTZ_[YYPXb`ZX[TYeg_SISch`YTTPOQTTOGBHNPJCA@@KTRLQSTOSX_aZSVXWTPEIQSWZZWRNQRSPRURNPPLNSOMPTYYKS`]UQHKI?IMQUXTRXRPPOHKDCMSQOVTTYTIJLLNTVTRTYWSRVYWNMSOLTLKW\WQLIDJLT[djfbj~Š‡s\X]\abXMVZ\[ZXUU\d[TTJKY\WWQPX[UU`_YYZVQKHS\XTTTSR]`XQTUWW[XXWSSSZ__\ULNSTSOQS]UX[SUUSXXW]^adbUP`ilg_]a]MK\ghe[TSVV[WSQLAMKKQUTSZ_ZXY\Xdmg\\\NGVUHOYVPNPKJNUYYVX_\]ZX[YYXUWQYb]XWZPNSVWRQUUTXXTWSKLPU\adf_UQLTWPMPVXSNQYUSUXQHGIDEGJKHHHCHOMSNCGKNOPRPOMMIELVYXSNVVPQPHGPRTTVTVZUMEJNONIKUZVNPTUVTNNTOMKGRZXQUSKROOTONZ`ZX\YLDHVZ[VFMYZVSWXWX\YNKQQLQRXZVTPOKURJKCJXVW^[USSTXTRSU^VTNHFEAO\ZTNAJVUTRRUZ\YQJTRSQRWVUPVW\_^QILSRSUUY[VUMMBHNGEECLXYTJU\YTUPKVSUQHOWSLFFILKOTSSLNXXZZURHU^`\^[UZanxujjg[[chc[ZXPQTPQQSXRKUZYYTKLQZfnlbY[V_li\RX_UPQIO\]WWSPX`\VRSQSWQKPY[VPSWYXRMPTOHHNPU[\^_UD:MU[UQVSJQSMNTXXUXXXSLPX^XUKMZdjkbTGEOTNTRFKUQMVY\VONTVVSVSXROR\jol]YYXY[WPQQZ`XLOZ`UMGVWOYhqtxvtvwsngnz{vwurg_WMMUTOMHDMSRP]d^RLLKQX\]VSZYVX^cd^ZYRNT_e^XVTRSTKOWQKSUNIDCKFELSZ_a]ZWUSXOJNMORQKRTRWZYVY]XTRMMPSYZUUVOOTRMOWWU\b_\\WQROIITZYPNMGPTJOUPLKPMHGIOSRNOPRWTSWVSLMSROPTZVQYQAFQ[]XLJHJMT]fgaTe~…€nWVYac_[]WOPZ__]]_X]]MIU[XSUOPZYRXZSX\WS[Zalm[PPWWWXXWVSMRXXYZULQ\fd]YVVUSRUYTUSUYYUOPUVZ[Z]cd`WX]XVQLTSJFZbbed^MCFVXWXYOFGDQ[]YWUOTWSRXee]\]ZLJTMQ^ZQKSTMJQTRLOWURVbc^NQVYRNUWXXSUUNOYYUXVSSVGLPNPX]b_Y[WONPZZQORPQMPW^_ST[RLSTQSUOMPWXUTRQPM9HOPZ_]VTVRNOJDOTNMU[YJNUUPNNV_cWCNRVVVVSPSSKOVSKHRRKLVdcXMIPQNWWQPSPNUXYTSWRY]UONP[\TPRXWUMMNRY[VPRVHFNPHPYUH>HSOBITWQI93ARSWXVXR_numTDTSOQZ]ZXS>CFLZ_XKKSXVW`hhfhkotwoiswn`wˆ†sXTOMQLJLLLGOUWUTXYVLHQ\fjcRQ[]Z_`b`abea]ZVSURIKSSNHGLNGIPTTQH>@DAKWZOHOWWSJORUXUPTOGRVRUSTVQMQPHJVW[YUECHLKJLMS^[[]TRMX^WLJIIHGORKEINWWUWWQPXUEKIAKI@HZUPDOWVURKRWMCINU\a_aaZ[ZFJSRRPQ[X[^jz„€q`]\dgcVRV\]VT``UDP[^[VQNQWULT\\_^abZXXWPV\][VRNW\VY^YUTMPYWRRPRUZ]^^^SGMTW`bXOVXTNOWWSYZUUXYZIIY]YWTQXVMPVWXPNOY_]WRT^\TSSSTSYREILNKRWX[acZSNADHFOWVKQ\[TLRTVQMUY[`b^MJTXUSV\ac`YROX^^[YSNMQOQPNQQT[`WNKIEHRTRLEPNSUPPVSVYTLLQNPOENI?KUSJHNKDGGFIQKJRQIEIU[TNNLS[XNQOIJ\ehbOP\[PPNKMOLC@MMR`]VOLJKJJBGQQTWWVQPUUWUUVbjgVNNHOOMNNOOPQRUUSWWQRV\\YYXTSUVUMPVUQHMROU\VQVRHU_`VOV^`a\PUa`]ZVRNLJVQMHHHLPUSLS[YQIHPRTPOQNLMRWTIIQNMQLJEJNRQNPUXUY\YQNLNNJPYYQQKD@GMNNMKKIPSRU\WKCEIJNQUXUUVWVXaec\Y_^^^^ZS`w{rdYTXZZWLV^[]a[USZZUNOZ^bbUX^`\[Z[`ZZXXRX^VPOUSWY\[OSYXOEMVZ\\SWVMLTQOOZ_WNGOSRPRMMSUUSUTPNKWTUbjfhw„‡†„w^[WSVUQMYYSHNPW^^YSQVRLTZQOUPKPUWXWYWX[ZVUZ]UOUXTNMX_\[WT]cd]]`WTMJOTWWVNQVY\b``^ULKSQOLKMMNSVXUPQLEPLFOONRTNRZULEFDGRSMHLQURLSURX[QMJNNQPSWUV[Z]a^SSWLFIRSSV]XQ]^S_qukWVQFGGNWVNKTZVQMCJNGGTS\ZZanrlb\SQNVYZ\ZVPRRUURMPVW[bfkkghilvzploneY\pwoUPXKPPOMNQJFQOMOMORPVLK_fe]WZRQ`hntskdbcd_SUZVTWXQJLNOMEICGNONJGFIM_aUHJWWL>JX__URNKGCGOSQIIFDKSURKIW_\RRSWVQTTV[]YSPLRYWQQG@FEOXODEMUSRXWRQVWVTM@AH<>K_UVZVTWLFFLQNI9HKRX__VNQHBMGEUYXV`dckw‚€uk\WVX_`ZRYYSXXSPTY^]WPGBPUPSbhcaY^ZKEIIRT]daTSTVLKWUYYNDHTPRXZYYZYTV[VLSX^b]FCUXTQ[a]VSU\^[b\JRVLMSKMTS[b^VKJPX[VRSU\aZRPI:=EIOXXW\[WX[[XV]^WPLGJQPLHJQPSWY^^USWQGKQMBRUKJT\ad^]XTT``VSRPWXUOGGOQMNUWRNPKBHT^ZOOMQZY[`YW]b^VRPSOPYVLBNTPFMRRPKLQMSVWQHNQIDN[[VQVYXUVPKPanm_UY]XSK>EBIOE?JLVWPDD@AAGF?LW]]UQYZXTUY`bfkicSIHOSVVUX^\WTX_WQV[a`VSSQQPNX__YTQPSVUUYRWTOPLDHW]\[ZW_fe^QSVLMLPQJLLOOQNQPNRVTYXUYYYULLUSSNNSTX[X\_ZOEGTNKKAGHPRTW_cYMNVXVQQUOKWWMEFDIIHORVVZXSSSVVQVRHMQOUYWVTY^aeaRY``adf[V_fjiaZQFLWXTROY`^ZZTX[[`\Yad]Y\iid\[`]XVSZ_`_YTSTSVVVMC\a[MMYXVZPHIJLUVWPKPW\VSWQJMRRORSNQSPQVNUS_moln’…tb]XRNTTV[XQQRSY`TEFOODQYVPSOJKQSRQNMVXZ]^bd^RRW[ZVU[[USUZ`a^\[UUTMRXZZVQRWY]a`\[XPPSUXPQTQKMZZULSWPHLLIINWUKT^b_YWXSUPKWYRKTNJY]`da_SFOWVNXTONTQUYTOLEMRPQTOQSJL[^hw€|naWIKQRWRJOU^bZTOVXSBBRVSSRWdmqfYTUQQUYT\^XXZUPPKTZ]_ahmhf^covyxztdST^nzl]WWUQJMUYTLLUWWQKHOYYRV`efa]ZQUbky}q[WTVSDDNKJOWRIIMNOIAFEJSVSRTTEN_[RRZZONUW^a[KDJMMNOUYRNFDLTZXTPT^]TJLTUSWVKNTSPTPQQGDQTQLHGSSMKPUSRQPPSSWWSKB>FTVPH[Y`ZPLKJJIPUULLNOPUWRPLKLIMRSY[fmpfl{ƒ„ƒxkca][]a_SV[ZWTVSXbd_ZXHEDEJVcf`TLMQSNLPW`jiYO\\NIMMUSHCLTVNRXYYZYTQT][QTW\`WMPW[^^\\_[X\`[[]QNTVQVQRUMLUSLSZYUSQUTU_daXKIHIIHU^[YZZVVZYTW]^XNLROQQICESVVMQ]a[QRPGBFSTZ\XRT]_`^]_]XO^\TPTUWVPMPRTQEKTXWWTTTSQVULLKIPY[WVZ_]QLLKEMUVPKKPMADRVTQMKDEINPHIPTNLS[ZYTUX\ZRIILX]_c_ZWM>=IHCKPHGRV[]WNQLMJFMRZ[YXNIS\c_WV\]`_YTOIJMHKRTW]]UO[]UQR]b[JQSLKKP`eYMVXXTSW\YWYWUVQNQOTRTPP]gdXMPHBAPTMPMJUPRTRSMJOUYWSX[\YNMUPC?MSRNU[cd]SJFPTSRIFILKOXXTQMLRWVMGPSMPTTRPDAIRTQQQLPTSPSWTTXVOKMOTUQO[`ZQQMLZ]Xaa]UVYinnphS8CSTJQ\[TWZZQMM_c[Xchfca^_^\]\QR[_^_bc]UTTW[ZPBSY\WPNQQRKJKPRSW[WIJRWRLPTRNKRPLLQUUPLONNSdkhim…••Šzi`baUV\Z_^WWVNV[\UGNTMKOOKIHRYYWSSRLZ_ZXY^`c^RR\_WZZ\XPQZ`dcZQMSTOUZ\WOMUUTLUZY\`Y_d^Z]YWVUOQSRNW]XSV[WRUZ^]YW\ba[][YUOSSVOOSHJSWVTRQ=CSVOMSOEFOMNWYXMQVVWURNWVJU[\jvyl]W[XQPXVQVTTY]WUXVPOGQXVQOW`gneRT^WJGQWY^URNHMMLNIL^gkha[dbgpv€ƒvhYY]ioondYMIQYZUNILNLVYVOSVROV_`YXWUX\`lpdWWYXWKOPJMWTLLLOONHCDADNTRTY]WFOYTHFLWZZZWXVLGQQVYUSWTMHOYTNRWQJVZWQLNSUUXOOSQPOORQHMQZWPKGKTVSJLRUWSSSQSWSN@>HJS[WU_]Y\YLLWWHHSYYVOJQTOFJGKTL?NVT_ensncinŒŒkhfc`YVWW\WV\\XRZ^\VRMLQQUUX\\VPVURKIKMU[cbOEJIMTTRUVTNMEJZa`YUPSQNNRSYXX_d]ZX[aYQVZ]^`_[OLSJOVY^[Z^YKMKELZ`VINSLIW_^VIIRXVJLSX[XQOVZTFHY`bTAHNW][UPPSYNTXOPXWUTQTUX[]WNVSC?KQPWR?]WLUYOSZYWUVXLHTXV\XTNRTMMI@D?GMKILOTUI@GH=0DNPUWUQKDLTWSPKEABNTQMKRTNGHMVc`VPPL;BGNVY_\UQJ?AIOMMORMNX[]^ZQQQOJLRX\XUVUSYa_XTOMGKQUQJKVTRSNNR\^TQ[[PT\b]OPXSOMP[faSMPW_[VU[_ZX[TNKMHVd^UUXbbWLQWVYZZXXXTWWQU]\QHLNPONUPHGPVYQKKNIABHQW[PGNLMNN@AP`XWTOY]TNQPSTTMKNNQNTb_NIFQZZYTNDGMQV\\UOPLKZVIDCCU]`ZW[SZaefg`YZapunpoc\OMLEBRZ^a[UQLFS]RPYfpmf\RRNPVRO\b_[Z\_[KL[a\QELTVVLIMQNH@KV[UJRZUONOKPPORVX[XNHQUVWOU^XYVZca`oˆ‹l]Ybe_Y[[[^ZWWWXTX_YHMLMRPLW__]VTQKC?P[\Z[VSRPR^c]V\]\RPTRSXPPWWRTY\YUQQPGQMOWW\_^`eaYKOUXYTKLXQS[WZ`__]_^`][XYW[UOSSXYSGMPTWNDOTQPPUPGMPMDFQQKOOOSV]WVWOLIJJV]YSNX_jrp`QTTNCBIP[[RZ[]YQKIUWT[\]SHJV_hf]O?<7HJLQ[ZWVORSS\WKF`kjb]]bdknry|xladggnyzo`WROORVYTNKKPV^_YRRSScfc[VYTYbr|uh[XY]^YQBKX`]WQSWOECC<=KSMKU[YQFDQOHGLOAHSPPQEQTOTNMUTRNKQNFKKLPXUTRSQQXXQQPROLV\bd^PJQWRLKJPVUPPRPV][[RQ[^\QGONNSSSWQJMMQ[`ZNR[]YYSQQPOXVQNPLACPW]`pumYTs„„|pcc^UUVWPHW_W]]SV]a[MEHLRRJHRYZSX]]WTQQIHX^RDNMDJQPRY[VWXV\a_[[RPTRPTTTOM\d_SWZ^YY^_ZUSSRRORGJW`b^XY[VRSIAS[VLJPPKU[ZUMTSORRNRWZ\YZZXNKQS_jaQXXX`\OSVURTPRGGQRKLU^\OR\^QRWMRVZRMREGVRJY^TJXWTTTRPPQWadaWMKVZVQH@@9>JMMOSUXSJKM@@KTTWTIHGFIMUTMD?HSQECSPLKGFQ]dgaTIBGEIU\ZWQFCA@JMOTQHJD=DSVSSSKGAANTWTMGLYXSSVRG@DFHQWTMJRLPSUY^ZZSOWWXU[aa]VUTTPNLW^]ZOT`ggUM_`TQWWNTW[gh\UYaid\XVTT]]UMLT[YKJQPQPPZ_^UQMOUWYTSVUMDEVZVSUTSRTW\RFMPUZWTW\]XSTZZWZSMLMG:Wd\LIPW[WNDCORKKPXWVWVX\`ZB=FOY[TW]YQYekljeehookd__c]LBCJS]^^]URQX_b`UM[lwsi^YPBRRRTQV]_XU[VHV]^]WP[[RCDSWXVTNR[^ZUVQNVSOUUUUPPTURPUWXTPR[^ZWY\b^^x‹ŽŠlb[_aZTNMZ^QPWUWUY_YQRLS[^_b[VXXRLEGV^^Y]^YSNNU^`[UUVX_edXNSYYOHR\ZUKNKMPYYSVJHW[][WTEHWXRQMRZWPNNFQYYYTQKLGQUNIKKMOTSRNMQTNMRSPWVSLHLVZYTTZ]YRJPXSIRWWLIFIUW[\YSNW_jmcTROLJDBJWVHUZ`g`PQQSUWXYZSLPYekkdVQUSSOMTSV[ULJKLPQU_hjbWTZ`]`cnzwefmibnyxnb^\TVWVVUQTZ\\[][VUOVaedXQOQc{ˆƒrh_VZddZRPX^abZNOSKJHIMWZVQWXRLPJIPSX[WSLLKIPHKXWXVQZ]VOGFFFNLNZ^YZZWRRWU@DEIIDKZdfd[IOQMIMPTUPQPOIKUVX]UPQUXWO@GTXVVJEHNUXXX[_c_XVZ[[QHIPNKPXVIAJPM^mnjXe{€{obadb`]ZJSb[W_Z[aa\WRRNLLJBITRYZTRMMPX\]`aYUWTRRQZf_WUTLNOMKOPPJKMQYb^ZW]YYVXQMINY[URPMLDMPSZ[SNQUZ\XVUbh_MEGFGLTVSPNTZ[ZROMPRWXYWQUTHMUOFKNMOMFGIJD@AGIJRUW[ZUJJNRMX]UIDDLOQTPMPONMIGEQUQJNPNPQMJKLTUQSOIW_[YTW\UD>QX\_WOPS[^`ee_Y\XQCFTUW`^[XTRZXTLT^b\JPTYfdZ`c^QOX`^RKQUYUNLW_a]TOUZSNPNa`]YZ^WKAMVWTLOML\_SFGTZ]YQOQZ^TPOQPPKAGNTURONUWVUUYZUNSNAEORPIBGRURMOKLPQLEGIJBFPUVRHDFCNRU]]VUUZYWW_^gnqrpqsl]WZ`ff]IO_aYPXaff]_`b]YQNV`[W`cc_URRX^dd]WVOS]W\`\Z[XVVZ]\UV^_[VVOKMTXVQNPPPOXYPRKECISQTSUU`ijer”‹p`\VN^fb_`ZMKRTRTZ[TPIMOOTVUUWVUVYPONOVVUXUZac_YQQKSUSSZ_eg`\][VXUMSZVLOYYNZc_MKPHDENVWKEKMOOVZ]_]YYQOTQKRSOWSHLPPVYYP^_XOMOEOWUSQIDHNOMLIJOEHPKMSQPSNU_^^^\WUYRSYWXajmngYSX[_^_XUTXdgaZWNGNSZbiY]fr|yiXD:KNS^Z]a[NVYVURU[_\YYSQMKW\`_{ˆlcaTTbp{{sg\WQKNTWYVQXac`TDMVSKMRQTUVby…nd`]WOVXTLVYUYZZWCCTTIHSVRRXXSNRTNMECOUWV\VMMQSPRUQQ\d_SSQTSSLKSMEMSRKQWUTRTTOTUUOLLNTQSQLIMOPPOPRONLMQQX]ZY[\ZSNV^]VQZYXRUURU__TQ[\QJKPSQPJJMNSTTQUS`fccot‚‘”ˆr_[aZTWX\abb\MQ\YX\__ZTHENSOIHLNLGFPRWZURVXWRLOLLW]WXRJOW_\W[QFEGPNOOS^b]RU_]Z]WZ_UEOW[]YROLRWZZ\_YQNX]WURRTWWY][SQPWZRPWVP=LXSUWTST[[YW^[TSZ^_\VRVX_b^_QVTNMMDEFSW[kgWY_YPDGWXVUPLHNVXQKMPOJJYZVTVSO]`^_bYNRSGCOUPQUSZZXVUOINPQQVZ\[VNORNFMSSTQNPOMJKRQMPLLPWZ\ZTNJOX^[RNIJIKMNJGLWXNHP[[SEKOMIAKTXWLEOMBFOV[]XQLHJQW[fe`ZX\\\_dbZWWNLRTPQX\YRYbb\UQT]^\RPTV^b]YXXXUQ[`XIJHCAGRZ_]WOQV[WOTRSY]WTWVPODLUZZWUWV[WJPRV\\VVXZXUPOXXTRI@IUWVRPU^\TS\\UNV\VSOMKNUUX[[TNQRUZTJHJMKAGLVYSI@@EIKTVMLNRTROIOZefjkhjnm`RQ\a\VS^aTVfkkkb`df_\UJDTXQ[gkeVSTHSceWU`_SWWX\[YVUNHQZ[MSZYTTWUPU[Z[PEPQTQPVMIRSUVKBNTWRUck^\‰›š|hUOPX_^^XROOQSSPQQRSNOOOUVW[]RKJGEIMZ``ZTMZdeaXJ@ES^\QRSXYWW]]^WDGS[UKS[ZZ[YMEJJMLGELQMPTYXUMQYULQUOQRE>MRVUQILSUXZW]`URJFEOVSTVSNOVSKHLQXVOHBISMLSMHPRSPSUU\WSWRUXceqm_UVYURTWUOJNV\_^SJPUTT]\WZfuwmZIDMOOVZ_dcWUTPNQVRRVWVQUWRLTdhgt{zvphed]^s||q_VTTUPUXVT\a_WURTQJJNWacdcn€…~d[bd\T[\MQ^[TMHOOKTZVTURQLQQPONTQG=DIEBKTVOKKJLQROOXehYLIEMSUNOPNKMPLT[VQSVTUUXYUSTMLNV^^VLCMSRMPSJLNX^_a_WTS[VJGRWWLO]_\SHJQZ_\RSYXUPNJIOH@GRTXSTVUWeaahowŽ—”…lX\[WPTUY[^]VQUVUSRVYXSIQTTPQWZVQLKU]dcZUYRGKV]ZVWYXOFKR[ba^RHBERRKJTVVXPNTYWXR[gf`XW^b`ZY\b\X\_^VGELRXXYZZUPRXVUWPRZWW]acXA?MOTWVRNXYPNUSRXZ^_Z\^VO[b`YTXXWQP[ZZVVagXUXVVQIQZY\XRMPNNOOC>DGEJPTVVWQO]_\[ZQOSO?=MQTVXOMVXTNFES\XSUU\^VOOOKKTWUOB>CEQVTPQSSLIQYac_VRQQ\_YLIHIMPSTNSY\SKKT[ZTTVSJ68NQSRRUKJRUUSPKIDJVX^a]_\UV_`[PWbZNKSY_XRTOOYXTYQOTJM[YZ\VSQT\\WOJORIU__OHJIJHFNXQPOIFGLGFQZ__ebTQXWVWTUVURX__YYQOYX]_\[TQF@IIMOHJMIDLOSY[\\^ZYVTQPISYWQKTSOVZ\XROQSMJLRRLLLIVZTVUQMLNC:FILWUOW_WEGPRWZZ]iuwpZMT][S[`YLUgjdYPJ`ihgg`WMEIW`fbVYZXSLUXQ[`\WRNOQQTOMIJKQQS[\X\ZWSVXZ[SFKOIJKCIV]WYSKFJPSS_knej‹˜—ƒla_VTXV[VTRMX_]^YOOU]^UKWZ\\VONOPNT[]^a^[Y^^_]THGP_a[UTRTSKU^[\MUZY\VRY]]XTULOPOMMTWXZTPV_aZQW\VRTVTUVUUTNNPLHFEBKOR]XJFIGFQW]^]ZP[]PIEGHORH>KRSPRNHKNSRLMRWVUQSUVR]jppk^QPV[YWQKILYbeZOPMROIVRPUgpocTFSTOPQW]_\WWQTW\WMHKQKHUSM@NV\jxzwnY]]Vdx~|hTRRPORW[]VV[ZVSW[\TPbfgjplgvzqeihaYSUQ[da]YEFPSX\]XPOSVSMOOPNPRMOSJHRWSRONN@CNSSRX]TDLPQTMLS]_ZYUST_\QPZ^YTLSPOVYVY_he^XODOTM@MMSVKOUXYRSQ[YMNKFMHKRQFGNKKPIMTVTSSQUWZTSUKEQUXVUQS^ffgptqwŒ—”†viff]UXYRV``WSWXY\ZXURUVMCOSQSSQSUWWbifYSRJKVa`[WPLKLSVZ_bbXJ@?HH@CEPLQOKRT]\Z_cd`ZWXXZ\_dea\_]ZZZ]YUUOJY[VJQ]^UGHV[XY]W^bZSRPBNRLNUYXVUPYcf^SKQUWTQW[TTWWPX`b[KKV[USSNSRQQQUWTUX^_WSRKKFJTQQY\ZYTRPUXY^VHCEGAMTVVWRKMRRROR\^VNMPQXZVRKF@P][QBCNLLSKDILMJP[]V^`ZWRUVTX]OB:?FINSKTVOORPMMNMNQVPFIOSQNSLHRSPXXMEMRX^^c]TURLX`WGM[[VNIX_[b]SOR[Z[V]e`VZ`YRMPNR[UNJEAHJGRXUMLLMMJQXSMSNQQFHMSY[[XbbZTPRVXVSLEEQZ[\PGGV[\USVRQRRLGOPNHJPSQSXSMSXSW`YFGKLTUGAOTRUUOOHFIORNMVUQPKMY]LGRSXUQLOPKHVYNMYZVRTUWXX]gmrofe\[^O_meVU]bc^PQSU[^caVYYURX_\]^TX`]Y[]X[acYMQUQPTRSVSSTPU]\_[UU[]YY[WQUVTQHELPPVYPOGFMLEfsqgl‚’‘ˆwh_QSXQMDPVQT_jhaXUTW\XRYb_\Z\XUTQS^XVYXWVVYZ^^RGKSVUSXVTQNQWUNNW_Y[_\Z^]XLNTSSQLFMQUVTTHMYVRT\[UVVUVVQKHKRQMKIJJJJFEFFLRQLHPZ\[ZOP]PNVSRRSMKJSQQQSTVUOJIIJNKSKHLUZZcisulZQUUX\WKBFQY[ZXSSSXVQLN[\djjneUZYLDKPYaaWSOOSUOOROC>HVXNGILQMXk|zm[^[XUZipmXFPRTRR[b`WTY[TW\YW^iooomf]W\diid]ZWU[bc[STSTVUPW[TKKSWVRMOMGKKMIHKNRRADLMSM@KQNRTURHNTNSNLMMUWROV\a\TQQVOMPNNSWYWRWa`\]XIQSM=ENX_WLEQ_]WROUTQOKMNMTTFQRPLHDS\]QJKOQRTPPLFPY^[VSKQ`ghlpph}“‰xifb]TMGFPQNW]YUQVURNWZVMKRVZZTTUXRTX\YKMQNTZ[XWRRTVZ[ODHX^UNHPUSI?CMUYNOSWVYac_a_ZZ^Z\bc`]YWWNRYXTOTPAKOU_]XXQOMY^[afaYUVW[^[XURSSSSUTSNS[]PIMPWZ\[UOJWVSRVWPCHHV\[RMHHMQNTYTOVWWRMJDJMUZUKQTIHSUV[TNRVVSF8?JTYVLCIMQPJTYODGLBJIPRNGAPVTRNGFKTQKIORQVYQFAORQPPUYNORMNSRBHQMLH=GQVYYVRRZTIENZ_^XRQIDSZUYYRVVVVVQV]SGJTWQPIMY_ZPT]`WZc`WSRRPPZhlf_WQSVXRPUWdg]RMSUX\_ZY``XNIJUVUVSNVVTPKS[W^ff]U^\WOOOSUNGMRTRLUVORXUQMOTODJVWUPPMJMQY[URXTX\^YRRSRPQUUVVVPHDJLJNOJSYTVRHQSTNE@BQYLFIJCOSVVZZYSQROLN[a^]^dhgihc\]ZZ[ZTWWSUX^_ZXQ\e\TTV[fiaSY[RPXWQDLVRNW\ZVQXYSPTMQX`_XPRNUVSPOTZ]ZUWW[_WS_aXPDIJOHKU]gosrhs„“€kYT[_SPTRNQ_bYUY\[[bea]^b`XU[_]VTbki[VWY]QQY]\VWVYQFVVMHSWRKGMSPJURJFJNPIENQTSVWTPUTMNVSMIKQYTQQQRQTPMQY\VFJPW`\K:ELPQNMV[VPNMY_^^VKKPQOMNMNQVTY^[VYSHLRWSQXYWSQ[dhnup^TWQNXYX\aUT\`_WLOVXGJ_cehfotjXXXY`]SNJOORSRQUQJNKMHGQXWWSQ[a_clorzzoRFXi|‚}ma^XWac^Z\Y[YRU\[]Wb€„zwsnmolk_MKPSVVWVVZ`^YMJVZOHJQXRSRKFFFSQ@GNS^[F=HQUIEMRQMQSRQT]^YTILSTMPOMTTEBMQSRNMU`\OIEEFIUbgaURPHTUVSYSVWSW[XTTTSVRKKTUSOPEMLMQK9LW[UNLKTMMTRSVUORXUX^djg`_[^gx„sh]YTWUORUXWYUSVNTVWYRP\`XMSUQOU^UKNUXVOLHOUSONWTLLLKOSY\YMNONQTWRIX\UVNILMHERTUY[VUXQU]^aXUXRFLNX]W]eb_[]a_WPYc]QMMTVUYUQUUSRU\]UOTXZYTTURSSJKRURZ^VLBUQRUVPSVWRYfhaTHOQMILQQZ]V\]UVZ_aVUYZTHOSIT_YLCKOQWRE?FKEAHKNZ\_QGRRJMPJLPPV[[VVXXZZSGKQQTPMX^XRTPGNVVUUTWURXUQPTF3NVQKJKLCJRSQKQOFNNNSVYORQPTWKJWUSRRWUOZc]INPPTXWQQPWZVUXZ]bcb^VQSVS^eba^^TPYaa`^WZVUTSTX[_XT[_\WRJPPSYUT\[SPWQOWZ[XPJYXSKJIQ]ZNR[]\PQSMGNPTSSTRLHQWXROMNUU^d_SLLKW^ZTRPNKJMYYRQPOKSSTVZXX[TQWSVSOOKIMQYULKKIJDAOV\[PBLQSUW]dcbekv|vg]c^\WRY\][WOU]XWTY^YPRQXclka[TNIKOOOLRTSRQTVTRROQSSQSU[XPOMPSTSOUXVVNMUSVWUSPLRUQNZ][SR[ehkf[{ˆŠ€se]ZYXVZ^[POZ]^^\_c\[YXXY_[ZU]^YYTX`d^OKTRVTNGBMQSSFKNTVURQS[XROKNOOSTSPJKIHWVXUVOQW_eeYKOSHQRPOLPSRMOSMQYZUOPPQWXSPZWXYREMSTRLKMUWROIEQ^ba[XXUSRY_YRY]]VUk|}q^^]]^Y^b^]_YMV[XZa`ZPOY^Zbf[WW\ZSUVWUVRSUSHGUWPLFGLT[[SNPUTQWYYTJPRVPLUZYYWTVLKUXVXURQKUYPYZV`q}ƒ„zhca[]YR\f`UVVURLQghb_^\[YTWVUWSVVXZ[XTRSMLTTQNQUPOEDPQHKQQQTMT_a[VXYQQUJS\[UJFJFFLY[XRRTUMU[TS_c_XVZYWZ\][]XSSVXUMPSTUQU\YKMXVPOIGUZQLKMSTXVLPRSSNORRPEAJUSQNIZedabblqeXYRJKV[YWXWWNIUQOVVOIHO\jeu}q`TSNIPOMOIKODKNFEOZ^[YVTTNPWWUOTZ[VX\bbWMIKNSXZWSWSTWQR[[UPQWUV[ZZWVUZ\adaXSPHGIJGRdkf[OOWYVKHCITRLSYVRSTVOLNORQIMNTV[ZXLIPSPTVVTTTMUVQPJT^XKX[SEDRYWQQMUZVQSUQUWbjgaa_etsf_]X\X]]RU\__VUTEDTZVTRXZ[]VPSSOMRW\[YZTNLIPU\WOSOSWTHHTYYXRKU[\SQTXWSQRTSSTOPKDPONMHK\dbad^[r~€v^Zd`[YYXURPFSbbYXbeWMTWVTJIRTV]`ZRSWZXVCMRORXZ[XVPOJFOTTUXUKOKPY]ZUSMHSWRSROLRUSJIMTUOF=KQNUYSOJFHACPNP[YWVZUKKQVKBONNOPQTSSUNGKOWUOQPUX]df[UXckj^Skwq’”‹|lZ\\WUV\]WV\]ZZUSNOSNSSVWXYPHDMTVTSZcgYMPNIIR]cdabehjcVQSTRUYZURSPPKJX[OKPQY]][PDPZ\XVV[ab^YTY\QMW]XTTLOQOTYX\a`\YYTTXTIOOFIOOTXTQQTPJORSWTSSU_kk^^b\VUWVVVX_gdXOKPRUMKYXNTWOPQROIMJLQOLOQWVYadc\[\RRULIMLMPQSSPPUYYXVQRTVTKU\\cf_OKOW`b\RPK>INKNWXWVVMNW[UUWQEFHLJABNQPNOVTMLPTWVSJSZ]USWYRKBO[WQORZS>>NTSUW\`XNQTPKDGQXYQJDFGLQS^bbb_XZ[]]ZROJEHE@Q`b[TRVTRX__WYYSOV\djbSLKNTWROR\a]WTY`ZOTQWORMORRMKJR]`[WVNECKPR[a\UPNSXTFFLOMMLRXTOIU]\SSY[WNPLHHNNH?@PTTXTFFGKHPRJMQPVYROOUPDPYYRJPUUW[ZUQMIRba^WR[dlhf^VZ]\_[Z_dc[TWVUZZ\aZWXSW]RQUSVXYYUUZVTXSX[XXXUPNYUIP[^[SMT\a_a][[VQPUYV[[QOSOKOMQRLOY`_]a[cuˆ‡w`XX[Y^`_[VOVbe`NKbe`YWTUPFMPUcheYVRYSSTRMOSQVSTUQLQV_d^[ULLQYXS\XSRKLFFLGG]c[LJTWRPVWQNTWUVQHKPSWVMLSS\\`a]SOOPHLQLQSOQ[[SLHEIYZTVUVVPEBMUURLNWZVPWYTYZTV^`ZUYekeY^jng][UONHMRUXVSPNX`geZRVWX\Z[rplmoiaZT[[SLRW[YOLGKGHNMQSOMLRTMJSUPVdjpu{€}oaWWewye[^TJOOKHXn{~untyzmZUSU]Y[XUNHGPWZVQNPLIJRONU]XKDENTRQRVWUTVTXYWTTVUTPIEJNOOU[TFEJKOKJNWSPUPU\afie]ZYTZ`ZVNJVVSJJMLSWPJHGKHLVTLEEIIHBBO_fc^\[WOPVLBMV[ZTPYSLOQTYZZPHQZZXUUZUST\]\VQcsrfr~„ƒzjZZXRXZZXVUUU[[WOMPQXZURQUXRLHFMRUVZ]XNPTXUSTVYXXY\dpk]``UPYYPPXTRT\ge\UMJHTYWWVQQSWXTTZ_\PGZcaXURPTZZZYWXYVUY^]`aTLMOQSVQOPOVVWRU[WSRQTZVTQWYag^S_`X[YVYTPS[ab\SQNHIT[ZYRZ\XURMRQIFLTVSHITPJU_c^]WSNZ[\]X[_`XW\db]TROPUZTGMX\Z]a]KFT[[WQXYQHLLKTUXYVVVMIIWZWQQJEKKIJCHWXWPOWXWSSWTKKUUUVQONJFPRW]]YYVIIQUWUWfg]LNNMKDGMRSPOOZaa][VORVY_UQY_baXIHMKIU[WRX\TFGTZTQURRQY^_`TQUXXXQJGKRRJGVc_YYTUVXVNHTZYSLQWTKFCIPSUYZZXTRRVXTLIPOCINR\]\YX][ZYTX[VRUQOMKLKFNQQTLDD>BJPLHEGMQTUSORWRVWXSOQQNLRYXRQLIPVWY[`djola\^`]XY[\[TPUZWX^`\[ZVXX[]\VSWW]\UOOZ^ZVNPT[\\XTTVXQPTU\^YTVX\aa_d_VSV[RLRPSWXSRPWYTMHJU^chci}”ŒzdVZYWXYZ\_^_a^WQTaji`]d\VSOPM]ikbYaaPHNPPY[RRX[_c\UVZ^\YPIQRV[XSNKSRKJGLMGPY\XX[[[]YVSPOU^`]RPSPOWTKNTX\]da\VSRVVPRRPJCT_\XWQNRW[UQRRSI5?KRTRQSVNGNSEM\ZWbgZX\UTakfbjjbZUPQMV_\XXXUSVY^aa]WRS]acutnsvma]XUPLOPVUQQPNRKQVVTLFLSRPKPTQOQXany‚wd[PVl}‚zgZ[VVUIGXms{rgsyqa]YRWZWXVVOKQSTTKOWUM>DIDGV\WRQTYVUUWTFHTUZ]WPJW^YJLSMHE@FRVWRROJHKT[[WQTOU\__XWWVTXYUYNJSYZTMHJU^ZSPPMLNPSQNMQVWRDJYcc[\XTQONJRUNSOTZZVLKSWX^_YXPV_]WRU\]^_abd\^jruy„‡‡}ldaa\X\acdea_]VROGGQUIQ\YWQQNJMVYXQKPMU[^[VPLLIJVO_txkb^ZPY_ZRWZZQTeiaWSONOQMNHDNTYXXYWY^YU\daXUPBBPRZ^^_`[WVRYgi]QLOQZ\YTQPRSYVVWSRSORTTQRSSSWYY^^YXVSVYXYTS[\OIIKPVZSLIPTY__Y\bYSSPOW\TOHFIUZ`a^ZWKaaXSP^da\_edb^XNHLQMRRPQKQT\YNBFLRY_^TI@IMMNTYWZ[TY[ULIJIGKKPJMRSY^XKIW]SIJPROQPRUWMLPQOFHW__]WSOIEO\cbeeYLFKRXOCHOQTWY]bec_TKNJLTUSR\cc[LEQRJMY]VW^YLDKTRNLEKNRZZVMOQSRSUTMKIMPV\_][[TPT[UPMJX][UMLKFHMJRWTZ]WVZXUWY[TEFKJLUW]_[XZWTRSWV[YTMKGQVXSIR\_XJIKGEHPPMID@GRXVRQTZ\WQSOPMORUVRSTVP>GMTW_`eml^U]b_YYYXUWYZ]\]ab``\YWYcgdZQLMS[VRJLPQWX[`T[UPOU[_[[\RNX_[URRZY\ccYMIV[VSJQRPJJPPRMNIDSbecf[nŠ––’‚i]YJGP\W___``WU]fkmc]d`SPYYSTb`^UY^SRWVST]`XTUXZ]]^ZTUSPPQFEOZYMOVTLIKJUXWUTP\cb`\WRTMJOZbaXTYWQQUXWSPPWUWSDQVQTTIGJRVVWXQWUXSMQVZXULPPQSQSX]ZSMJKPII^_ZYVNSZQPcpk`jtnYSVTXZ[_\WZ]YVZYZZYYIIOTU\omt|xh\ZXOM^]SQJEOQKGPUTSN?EUVPPLNQSYWS`r‚…~oa]Q^ny{td^[SZPM]krwwwmiw€yia`SGTXPLUYQPMTZQJTYXUPNLPV[PNSTQOLLONKLTVTXVVOJU]XSTQMLNRLNPMPNQSTUW]]PQWNZb\MGRPO\LVXTLTWTUSNKZb_XX[VPMHQWWQRTZ\VRU[YLW\ZVPIHRRJICLSYVNGPOHJUSUXUUORTOV[\Z\flla]hu}‚‡‰„ygYVTKMX_aa][XSGGKFBHMYccWRVTLIIRXVLOSW[XPMHEHFGPNRfqoi]UOX[WSP_a\TTYYJFUXYUGAHFHKWbaXY^[TPSVYVYXOOI=KYZSXWXVTUch`UTWYX_^[\ZSSUYZXRLQZYUPTROMGLMTVOPY]YOKHXZTMQYac]W\^SB=BFIPVVWcc\ULGNTUWSLPXYYZ\]\UNN[TKZb`\YZXXXP@EQSEGPLGFM\bd]OCCPQMSYSEISPGMVVUWSUXTKJGNQSSNHINRRSMPTWYXSNHFLSTVXVLLSRQQKRZ_a`YRLMJL[^Z[UKHHSYTMKSYYVXUSX_\SV[XTRTVRNV\[TDMMIPTVRV\\XOQVXZ]ZRJKSXQS[YWONQNGLQFJPZYRKQWXTQ[WLKGLQTXVSNDJSNPSUTLT\`^WMS_aVEBOPFPW\YZ[TQ]`_b^X]^VRT]]UPV`eaUWXQMJJGR\XPKMPORUWQRSVUSSOHBFTYQQUQNKOSSRV\cd`US_b`[\][VYXQKR]`_ad_SPYce]UNOY_[YPHGKTY]ZT]caWU[abfh]KU]XPSRY\b`YUO@LUVQGPXVUGFSMCLUQJY```Y_x…Ž”zV`YKMRS]ST^a]]^]`]\ce\PW[[VR\\TXZQZcbWJSZWY^YMHOW^[[XUXYTPSX]W\b`YPPWXUNMUQS]^]WQSY[URV[]TPRQRLJQUY[YYVA;CPWUTRHDNTWURONNRPRSLYhbUNVWNMNMMW\WSOPPHIV[WQIHNOQNWfcat}m^\WRWWX\XWZVPPS[\^_RMLOQL[mjt}zk[WSIWb\SOMSUSPLQRRNJLUSJIJMVZ_d`a`nyve^Wdnt{wlf^[VVYdnusoefx~znde]M?JMIQWWMMRPOV\YUVTNPVVMKNLCFIF?ENPTZXV[]VMDCKYYONXZVZZTQQQPTWVUTXVQNUWYa\OCFILNSXb`\[[UQLCKRXVSTROGFKTWVSVOMVYWROLCIWVQOUXXUGGLSMPVL?HHCLWUSRV\[VTY\\XWTUcoi[[ersrx„‰‡vXX_^ST_a]WSNRQMWUTPGQ_b\OSVWUJIWWQSRMTVLJOLMOTSNIM[eid\YX`a_[ZYOSRKVSOU[]ZWNLLUJJ^`VJOQLQ\ZW[c`YVUNGRWSQSXVOGGYZLP^[VW^aXWSQMMNKHJOU\[WXWUUTRRVWLLNQU_KCN]cbX\gkf\U]_UKMNLTSPYcd\STVNJNTXLFRXZ[YZYZSJN\^^b`XVPPQMJGNNNJE@PXRGGLW[[RHJTH>LYQIVXPLMLHEGIGKORJMQONRSOBFHHMWch`\`[SJJMOPKPQHKOROVVUU[df_TMFGSWNDBCFFDQRQRRW[ZZZ[``]USXSJMQWZ\XNQUX]_]ZXSORSOORQRU[]XVKCPZVSWXXUKKW[WVYSPV\\TMUXOHKMGHEIPQLMVTGALPVX\\PQZ\[ZURTRUWTNIFDMVXVRPM^ie]\\YVOPZ\YVUVWZUJLSOC3CJO\]RKJNNQRMLKU^]XWRNPMNPQPRIHOSRRUOJU`bWIWab_X[^V[``ZSRXX\cd\QTXX[``UVYWWYLJSQVWQKPaki_^]ZY\QDR`]Z]^[VS_^VZWVVY^YVWSWUMXZPPYSIKQU]abm€Œ’“ˆtkcRTZXR^ZR\`[^[]WSemmd\ZXUMOYYUZZS_mk\QTMR\][VNV``]^SORVUZ]_WUbgb]WXXPHJMNIJT[]VKNUVUWV^]UPJFITR?RXZ^XPAJTPKV\URY[]ZTHLTRRW\WPZYNBPVQQXXOIVTVPGOOORRUUOKPSTQYa_^grsiZUSMTbcc]VTUSPQV[\]VUUTSMHYlfpzyk^XVTWXTJHPWVUNLOSIHPX[SSPLNRY_`addm|ƒrgceeev{uj^\a_dqz{pcd]chfc_ZYOIAIW[\VSTZ[[a^UXabXTSSLGJOCCKG>CMPTXWT\]\PHFFIOU[cbXRUVSVUNMWXUTSSTPMSWVOQSXRMQQTUYYYUY[YPLPPNHOVUQNRRQRT[UT^ZTJKFMOWXSW\XNKOLQSSIKSLKVSMRZ\SNNS[[[ac[OPUT^ll_OY`elstyƒ‡}mkgbdhjbNMPPVZVPPSUTSY]ZVNNQOMRROQNNZ]WHM]bb_\XVQOV`eii^TY[X\^Y[WJQUSRRTSTVWSUQDLXYOQRMHQXYU[`[OQPNOVTQSVUVUQVWOLSXXW[\WKGMPOOMOQRNTZYWTPOV[\b`XPVRUWOQ_hok^^a\TOSYWRNMIKQTTYWMJQWS@BONHHRSQVTRQQWRUXiic]UTNORG:ENJGGLPV[VRMBMTTRTSTRPRUQGU]\OBIOLNPEHOSTYXRINVVLA?BHSeg^NS\ZTF@ITTJQQLIFKV]WUU[eg\LQTTSSWQOXXUVNSVSSX\_dhcZYVPKJDJPPLAIKOPMSSKQZ_VQY[`]\\``^\\^d]T\]^ccYJNTagf\YXLW[LOXZPURKMTY`\WUUVZYOU]Z^_ZVVNPWRW[VNNQX]_\``]XSOOTTRYZT[_cZm„‹ŠˆqbZWYXW^VNRRYWZ]Zfkifff]TTQOR\ZZ]Walk`WWXZRNUOKV^Z]][RMZYWWWTV[VT]`YL@GIIU[_YXWOAENTTINUPNQSPOVHAMMVOKOKMC6WaYQMNJSUY]XPTWXSFIMNPWZUUXRRJJELQLW\YTONQRJIJQW\\PIVXZf^RQUR^dfaXWSLORTXVYWSVUQWXST[clu{vgY[^[VW^YLEZZUTRNK<>SZQKMJIPTQJXed[i{‡‰|f`gho{}o\TZ]ajuzurri`_^aTFQMGKLKOQTZ^ZYVYXROV\^UOPPMC@FC>@BOPIIOHHPQSSNKGKT]_c`WUUPNQYWNPZ]YVSVYWLNTOJT\]SSQJNTUWYTXURNHMPGEKQRUSOOSQSUTYZURTTPSW[XWZ[TMKKMRRJLNT[\SKZYJ88JRPRYTURRWYZenmbVQQenws|‘„yjZ^dbWMNQVXZXTQWbf]QJOWYONRSPPTPLIOYQN_elle_VQSWUNR\c``]]YQW]aaSCEVXLOQOOUXTTJIPXWVYPLQU[VO\]TFISRQTZ\UTROU`b__^[[\XUONNKUcaQIU\XPRUWQKJL\`[\ZLLTUYXSVVSQ^da]]YQSVZZRNSQLNW][SMMPQNFGRQOPTZ[VRPNXXU^Zhi`NJQTUVOEIQVUNNTTOUUV\]WPUWVWVW]ZQPY\Q;GTXYUOPWSSYQLKLMLNMFEOS\faTW[a[KFHPUOUS@HKQU`d`[Vamk]QRSVWWXW[XZc\X_ZSLPPZa_TJGGOTQDBMKI[gaYWMKRPOWRWXOPUWWVPQ\de`TL@GSWUNPMJEFYdc]YXPKKSZRJOSWY[RNV^]XMIRUINOHTZ_YOVVRW[]VTMNY^[JITZUNMUU\ba\\SLUSYb]SLISTROOOQKI[e_RPOQTTRLJB?Q\\RD>INJCOZZVUVUTNLOQU[\YZ[^[VZZZWY\VJ\dZWVRQWXNIPZ`bcgb[W^[MHRT\`[YX[_`TMGKMPV[a[Y[UQKKLNTXTMUXQDKRVZ]\VSROMSTac[^b^eY`{€ƒ€ra_UX\]TFNVZ[][YY^d^MOYZSY^\XSSSTOTeog\LU[VPUYYWZ]_[Z\TNNTSRUXYSKSYYOC?JLPV[_\YTJFMWWOEKKIOROLOKPOMKB>JOSPJMBOHE;>LORUUMOW__WJJPRKYUU\ZRFAA7KXWQVMMQTXRNIKKLNSRTW_hic^a\OX^[OQSTSKOQKOSPTYRR^\ST_fegtxqcWT\WT^YMHPLLIIJHKVZTIMMORURV^ghe_a{‚€s[SYm„‹u[`eirzymptna[_cYORJEEGQYVLQX\_]UTSRT`b]ZUQLJEEHELQQUSGNMHIIINPFGNZZVUNNTTPOORWSMU_]UTOYZRSOJMHOVRHPRVTMLT[[XXUNEPUMLRSQMHJOOQRVVRPSVQGQWVROS\YVVRQKQMCDJX]XYTROLLMNTPXTLTZ_ZRUdmjc\\dnx|t}‡‹„qZO[dWAJSW^RFCJT_ca[YX\[RGRTRVVSONJJPU__Z[]]ZRGQ[][UIKVYW]YTRUUVRPV\XVTSYXQY^WMKOQRWVPNORQJIRNC=IOPS[_YUPRV_ab_`^`aZQMFQW\eg_TY[^^\YWQLQNVgh[VXKDKTLHQVSJAR]]USYSDPV]XSVPQW]\YWVSWSOQMNORPS[^VQOT\]W[Z`XH7DPLLSONSUVTPRTGCMW`a\YYXVWYUXZWYYYPKRTVVKFPWVMRONOQTQQULHEKU^`TOVa_VPOLJR\[NQ]ZRUbbVKMZa[YXWekcTSXSNV[UU\^[TXQSXKFEHOTQJLSUU[he``WDBOY]^XWXXSNOUST\^`[TCEQZ\[Z[XTTSOZ_YSQRRMOXYQRZZWYUKKTUXXRRULRWPKVOGFKRUVPOTTQKJU]_`a_Z[V[ac^Z[cbXUYTRQMKMMOUVXU\eibVV`]VPMXYZYVRUUNDFJOL?LXZ\ZSSQPROR]aXUUIEPVUNOWWONPU^_\\UV]^ejgjpt~„…p[U^ecYYbOQPKQZ\\VPZ[OCHUVX\XOC?KPKYjqhXRX^XILZbeebXQPRQOWZUOLSVROTRHIB>EIKOFMRTSPRQQMGMRH?HNNPMRSOMJMUYXSUNICEMNPVRKKHGFQ]^^[QRPMTXOSWTNORJ@P[URIEQTQHMRXWMISRX]bmsmZ\c]T_cXRRTWXIEGMUTSQLCPTXXO\b\m€ƒygQMTRPTTQIFFRTNQRUQOUVLNGGU]```cXd{‰‰}cW\nˆƒpdkkmuwqljd\VU\`\MEHKQQTVPUa_\VTWWSLRWWWURMIQTRRX[SGHLNJPTSSY[SLUZVOTZVQIDPUOUQHOY]RI@HWXPHINKKMDAAHQWWTGMWUQMLLLONKKLONTWWXVPVYMJTVUVX^TGLNRUPNMQFJQTUPPZZXXUMHNQNUZ?CCMY\YKQ]hi_X[^bgmmmz‹Žh[[][Y[[TUXYVKOTW[]b`]\TJHTTSVRSPJGWbfbXY[RRP??HXba\NLTVVYTRUWUPMLNIKTQTQKU[PMXZYWVXXPONFDFFKLFANQNOSTTQMPR\XQWW_b[RPNQPW\WMKT\]bc^VQSWWWdicXXYUIJKHI[QB@L^b[SSOC?IOSTTNM[^ZZ_^^_VPPLJNUYTZ`^UIJRTUU_\JACAHDENONVYOOTURONMIMRRY[RPOTQPWWWVWWWZYSPNNSNLJJKIMSWXRRMFIPWZ\be`^_[XVSKIQSPNPLMROS[YXVX\VOMINBLZ]X`^XUSRLMZZRTWVVVPZaYV\\ZVNNXZ_YMJRPCK]_RKHENPLIKXXRWRXhneQRUTRMOUTY\RTYVOTSSY_hd\TLGORVZ`^P@QQMUSIMTV`aVOQSMVXNO]`_dibWSXYQGMUW[ac`ZONWabZ[ZW[\UMNNKLRXTNHGDAOPP^cfgghf_KANUPOU\WNQTYWSTXYO:7EPOS`bYQQGDDNTWZXQ[a^[]]\ZX[YW[[XVMV\^[SU]_YTVYVNMTOHW`_\[[VCDTYYW[a`\WQWZPHOTZ[YZ[VVSNQUXYWMHLMQPOWZ[YRJRSFCERYOKWcjdWUTWWRUVSPSPLPQGDP\^`]ZF6EMMLGV_[NQNPWVDBMSRVWSSUXTKLSWNEHRVXWWTR\`YNMLLVWSTSUSKHOSOILTVVX^d_VQOMTX[[XXWQIGITYURQNOVSP\fibULLFZcZXSIFTZWX[XUSQQZZLT^]UMKJSWWWSRZZ\[\[YUVYQUPHOWaebp†’•’‡xe`eeaZTTQUY\YV\bgb\TQXWSPFHSTWW[]]hlgb\[[\YWRU\`[LOTMMWXWYWTY[WHGRTXY[YQMLLNLSTPNSWSOJGMUXWRH>CFDKSVNLPUWSNT^ZMLTWZ\RPZ`[PPWQNRQPOMCGH>:EOQRPRbd_VTW]WTSR\XPZRVgu{ra\dca][XXUQSULKYdf]NPDIVQOXVOZ`ey‡‡vgbUORUSNSU[bc]TTVQY_\THGMPWVLLXWg‡~kb_Ubi}‰ˆzq}‹…ohUOMTSVXWZOLRMJFMPFGRNT\[YTTM@GOKB=EUXTLLPPOLISVPKM^ecWJFKOSVTOKOWQSSLMXZ[][ZVTZYWWQRSSVMENT]_^bdd`ZTRTUSOOXWTWWXVLJKKVSDIKBKXXPQSPSRZee]TJKMOWXRPOMUX[]PJMMOV[UTX[__ZPTWZ\TVejrvy|‰”ŽwdYWZ\\aic^YXTVVV[`_[TROMQOQWYRPY`fk]SPQQOPRWRNYVX`_T]f^[a_TPPPOU^\YUPOLTTRSPHKONLR^`VMTXTQMNOVWSPX^b`[VTTTW_^YUSQVRS`c^X\YURJPOQRNNQONRWYSMNRPOSTNLSIXUajh`\QPUQQTNOOIPVXRRSUUY^d]PSRHMY_``TMRXSQSLEK\W[_[PSXNHSSRT\^\]]TOWVPNWZ\WYa^[ULR\]UWXSQPJNRQQR\_XKKLOQX[UX^_ckmgcVFMSPPKLOMQU^ZQOSONVYSPNKV`ZTWTIBLTTY[Wakh[W]]YYWNQRQYXV\`ZUTTUVTTPVUSV[\TR]\SSXZQPU[\TSX[ZYOEQTQWTVVSOHPZXOEJSUWRNFJUUNSSRTRKTXQROLNWehe[VTVWQTZZYUTSTWKKLOY\YQK3:HMOOR\ZTNHNXZVUNPTTW[XTVTHKPKMORY[YVWXXXZXVTQPTXU[]VSSPPVUVZ[XTRR\c_XVSRTYXWORVTORVXXWYXWZWPP[eicZSRS^\YVQJHR_c]OSVROVVOJWZSMJJRROR]bc]VTX][QIKMUXVWR^`]_m}ˆŒŒŒ‡sc^NYVJFM[bb[QPT^\ZZ_^VLKJORLQU\hhfiid^XRTV[WSPY\KJOEEHIKOW\ZUTLIMOUTTRONPVPDNTIJXVUNLOMRTQLKPPPOOQWWLKSXXM@KYZSWVYVNKRQLLOSTQMQVZUIBIKGGIKMUWVTRQRRTXVUQYZNIGKTfqph`UMZ`XZ[TQVZYYZ\ZXY\_XUUQMWSTcklyƒ…ydUYZTRW[ZSXZZWS^_\]_[SMCJPW[ZMP_ho|‚}ph_bdly€€xp‹ž‹qbSTXTVVTZ[ZUNLRNLNGDINZ_[Y^[MS\VRSLKTVVNFKQTJKUTPCVaef`SNQKSRSNHMQOPMKR[^aaYMKOV_caTIPVXORZZYRPV[[WQPLNTPQZ]\\XTRQTRPURJMUTPPOPW\_^XW]_\[XROOV][VPNMSSUQNXRFTW[XXZVPQZ^_badddeiior„ˆ}o`[Z`^W[]ZUVTNDCOUPSURPJEJJNSOPZ[Y`]TOQWSOSXQMSRNSX[]]Y]e^Q@FMPOS_`ZUSQX^[YVTQTQKITWULBOTPKEJLSNPP\^\WKLTVYVYYWPPRPPS]bZOOSWOKDAGOPMORTSRXXVRPKTXWVYWJY\_b_c_WQSVXYMGNNNUWUNIHNTWRRRMPMOMIKU[KJMLNRRVTPgX]ZUPJFJKOVTWYY\_QKRRV[^\PQ`fbWTWTQPY[RKLQNOSVVWTULJKRV[ZYX_`]bjjcVHMWURSQT\ZNPPKJOQSVSOQQVZ``[\XTTQQT\e^NWUNRTWVTUTMMU_c[Y^YZYRPQLIPSTSWZ\WWWQ@DV[_^YXTQQX\[VTRVWUSSUVNNJCTWQIJPU\\YTLGF>JSSNMPOOQRUSTPWYVOI>ITOMTVUTVVUTSR[XZ`\PHDHQURPKS[\WKKSPFUXSIKTZ_]PMIEEBCNQVYWST^`ULQUTOKFJMW`]VSSPSVOQQMTRMQaicWROIMMOSMINNLOSPNT\YUWZPOSce`\XPRYYSWWW`^^^SNTVSU^[RRVTQNQTOQW`gcXTW[YURNMNLNORLQX[^[Wgu~˜ŒmZMMXVHJUcdYIAEQUV\bjhaUW[UTUTOW`a`ebWTUXZW[VMDEJMRCBNRRWOPTJFGJJHFMTRPQILJ?JPH;QVLJPVPOSUUKGV\\\ZVWOKOYXTAFORTVVSSNNRSOPPQPSSUPKKJLLKPTSQNNRXSRYWTSPQVOPRRMIQZanqqlXJPVURZ]VNSUXYXVYSSXXZ^YTUSLVhjapƒ„u`W^YOJU[SNLPNW`c__ZUXWWROQY[]^dokcwƒ~o`[^er‚Ž‘„w‘›’}hYQMR]`_X\\XTTQNMUTHEO\]TLPRR^ea[VXPMQSRLHO[YT]YICUZZbb\W\Y\\YYZVLCHDDLRVVWSOPMGPT\YIDKRQV\WRNJOWUL>HRNFLRU\\KMX\SONFEQTQNUUNISZXZZ[TPNPUUPMQTPLRNLKGSXVXYPGLRURR[`_\\ceceb_\[ekogi}‡†{`XYcYBIRRSX\\MNURIOSPPTRLMSMJT``caSIDQ^_ZXPGOUMPXa`WHKUUQMDOYUIXb_VQW[Z\XY[UOQVVPBMQHMRQSPLPOEGGOX]^VONKSY\[YQRSMFORRNLORURWUJEHOJNV\_[ZZSMMMQURNPSQTdnn]PRPLNLJRUQFGLSWTROOIIUTPSQMLNNLIBMTQSNUVUWVMJ[ZVTPLLMOPWZRH]mqeMMNMQZ]ZP\dd]XWYXVTYYROQPQQOSYTUSDAOSTTOAGYeeimiW?KRT[XTR\^VOONNKCEPSQKGLTZZTLJOWUJJWehZONRXZYVROPTLIMVVW\VSSQDFPOMFR[ZRVXLHGQSZ`_aa]WPSTVZUUXVSRZ[ZZTOKCCNTUVWRY^ZXWTNQWQNLLHIIVUSTMXWVUVMDPYXTKNPVXZ\ZNIWZ\XQUVQNT[ULBDOPIOZUT]aZIISSWQGPSQVWT\`]\ZVMrpeXOSURRPNLMIGIJQ[][SLNRUVUOQROF?=FRVYUNI_gZU\_ZWRPQWUTWRIJPKWeaRNHN]\SOTWQD;KRSTTX\[TNOSUVQHJEELHHHONHKMO[heWP\aWLSTQVYXPIRPCKNQY_^[W_]PHSSUPJCBJKMR[hkd]KNKSX]_]YNINW[SHJMQRSNSYXQQJKMO[_ZRPON[ec^YMKRYSLLPUUVVU]ZYZSKKMPVZZZUFJPNTVVQKOQHTXQNOTTRVPHOQVWXSRRKNQTTGJWXLKPDBHOXY\ZWQV\][VQHT`[MU\TSPDJQGIQSRVPHF@GMONPSLLTUXWNNRWSROY`YKKHN\^][\ULORUQTV`cdfcXOQZ\WKNHLQMNPRRMORWTV]adbVOW\][YWVQNXZUOTRPPVRW]X[[UVW[`a`_ZO;LSVU[WURSUXZUUY[\XXgeey˜’~]XY\[^_ZUXZ^b`a]VWXTT[[SLPUXckeSQU\ggdbYIQPMRQHLOPWWMMTXYWQQXWRKPPJEOKRZYW\NJPTUPS\\\XPKHMJCIFAP]ZQMJKLSTPNSWY^^VQQSJILIKGQTLFFIQSOMKOPUURRYVURSTTSPNVXWV\`a`[]cnvsn`UXY^^]][]^VT\`YRTNOKRRUZVWYQWipqvvk_SSVRHBCDKDB@IV\ZUQ[WSWYYYXY^ikhlqi^TRP[[gw…‰ˆ†zjUOOQMKLMQQSTRONPNMONPSQLTRRTRRYZQGKMEPPJSVQOVUILUUNSTXWSQLSXY]]ZRMR[]ZWUWTXYSQRSOPQKN^gcaZZ\RHBGLDGNLPX]ZSSVLBGTWOJMMRVQOXUOA>JSRNPUVVSXXPMNQRUSPUTW^XT]\NIT]YUZRSU^e^PTdpog`T_iq|ƒŒy_ch_RQMPWTOIVd_VQRUY```b`^a[X\\WVQMNFOTYUTTRTMNX[W[]XVVUPLOUPOUWXQURGKXRMRT[`VOQVVWYQJTTKKQY]XPJNOVW_bZOJPYXTVXURNR[`YTZ]UIOPNTWVNLSUUQMMMTYXWbb\SW^[Rff`SGPIBOPQUPMIV\add^SROJPVVUWWRJCOW\_XMQo{yoibYRbUPHJLWVN=HQRbid^VMPZ[]WRNG?GJIOMNT]`^TPOQUURZXUKCFNTNSXT[jldX]ee^VNKHOSOOZ^ZOGNUXWUTYYOMUZ_b_VMJIIPS_if\OKQVYVV\]ZSR[^TNT^]ZXOOWUUYWVUQSWUVXXag`TQUSIOSRTOPRT\_\YZ[WOOOJDQ[]YULHTXWQIOPPO7EURNLNSVRMFOOPOPKJNOLQXXUPSZVMRTL>FOVSNKE;IRRMLFIRSPLSTV^XNPPOSX\YVRKQXXPJGTYWTZ_\TROMLOPV_ZQOOHOXZVVR@FNJLTX[\XdriNLYWRT[YRW[RNOOSSWTQNQU]TQOPPNSODENOMUTTSQXYXTV\WXWKPQX[TWUQQMQSU_ca[[\WSONHX]cdY^e\Vq‰“ˆna\]b]XWXMWTUWac\SLNQ\\[WTPRXbfbYRBM_ee]RNSW]]XG>NZYH=LVQEAKRW\POTOHHPLNM\VROJNRRNU\ZXPRUQOOEHTRRSRXTRLISPQ[`ZW[\YOJHLNMMSNSNOWSRJGMVVPQPI@GIJEKTNIMNSWTSZ[\Z[Z_]e}ƒx^LLUT[a`]`UHQQPVZWQRNSUW\YWT\ksty~yfTNNKKLMQSM@:R`^XNIVYTUY_d`UT^ejmnle_SNPTK`xŠ’„wjWMMNOMPDDUXRKHNPNNLOVYQEFDNZWQUXOEMNJPUQGJPU\QXRNTTOPTSKPTSUWVYXWTV][TJKT]^\XSQPJKPGGT`]QFCOPQNILOST\`aVKMKLOSQTOFJSZYVPQX]\VSPQUWSZ]\RQNKTTEILNPX\XVWQTWXUUPMQXZXP[agcTD[ktnf`^jppxˆ…nY\WUWQQ_^UJS]][\ZXZb`\]Z[^SLFCCEQWWUONUUX[[ZPLW[Y^c[W]de_Z[XOMUYTJJDKXZX_^YURTVZZVPLOVXZYXWXUO?MRUUSTTNX\YZSRVRKGNRSVSSTROSVLIOQXPEQ\^[QMUYVYWQSPLZc]cgbXXVOSUQRVTNMX\`]XS^_[MTUUWROLP[`[YUMJc}zncQRaidKIOXZ^[PMVTZcdc\X[YUTZ\UQQSTMRVX[b]SJJJMRTPMPRLCHLQSZ][akjUJU[Z]ZTLFGEMZ]\VMJNPTUR[`[QLLSRVZZTLDDHNO]_Q>IXZUMJR[ZWY__XSZ`^[^^VIMLLRRQSVRJSdfhkh^Y[ZSHLMZ`\URPVXTORUNQTQKLXZWSQLNPSPNW[ZXPDHOMHHQRQNNKJGP\[ZXSMQWYUWVTXWQJIOZ\UX]XRLFHLSWTKHPPQTV]a^ZUUVWXTRWUPVWHD@MX\WSYWMLPYZXX^^UJSVUNOPMNJ@NXTJKNUWQXno]JVVQW]\Y]g^LMUULRSUXYXZWY^[SGPQPRUXUMLLSVSO?=S`]TPSTOWb[PVSMIDOW^ccTRYZ\XWSOPY]\^YQ]Wjƒ„r\W\_[]\\\PO\c]WQPZ`YOQZZQR]ge[WMJT_^XTUSX[]_WFGVb^IGUXQMRRSWZY]aWOLNJOGQVUQJOSQIQ[`YT_\POKET\ZRFGICEKLIM[^XSNHIOMIKKMKIPMRS\daQ>O[ZOKQUQQTYU]a[KKPV[XWb_TWVU\_^q}n[QQWVSUVVTKV[QNUYUQORNQRTT`fegovzwhURQKMQTZXNJNHNX[\\ZTVRY^add\XUVX_cjleZXUWZUe‘•‰qccYW[VNIPMK[a[N>FIOWXX[[WPKKTYXUUZWXTLSIOUSFIUTU][JFTQKOKGOKV][[SKNPY[XTPLO[][_^ZTRTTQRZWUZ]STOKLNWa_\_dbXQTZ[SVWQROOGOVVUY\XUMPXXVUVYWTRFGPXWLHD=HUabYZQGRUPORLNV[bSceaXXU`mm[Y^iqmp€‹‹}dTTRILW]]VQMOYYXZZ`fbQMJLTUTUROT\XVUWNIKQV]daPLX^cg`VWXZZSSUULHQTQNYYT[\]`__ZUTVX\ZVYZVXZ\][WWQFR[\SOMLRZWUPHLOGMSPGHNPNRRW]XJGPWSIHNYef]YTSUUOLNKIY^U\hg\VSNRWXRPRQQOPZ]UR^b\UTTMUWOTS\WQVQNMMhuo`UMVYY[NLFIUXTVTTPMRUUV_g_KR^YQNVSJLS^]ZVRQRPQV^ZMNRVVQQTVX][^eb\MS[ZRPSVTJIU`\SKLUWPMSVVWWPLLMLKUWMCLPXWQSXXRGNZ_]SJSWTSVWMIQUPNY^XKJIKPPILMPPJUdhg^SLRXZTORXcc[YYSQWTKWXQTLBMUVQUZTIFMUXXSWYVYSLE>=EHNPQRROQVSW\Z\QKPPY[UZXKNHU`_UP[`]WRLLRUVVSTRNX]XTSSTT\ZUMIU^TNNC8HRPMNORSYZTT]cZOSXUURRQOOMQYWRY^VSOQYVR_ge]USPWVRZ]`]Y]]XSPSTW[a_]bfd\PHNVWMMNOPUXSRUNOY^_ZNHRRMRXQKPOICCOZbaZKNQ\a[XRLLHHKRQdiVh‰™šŠmXX_eb\Z\RVdlc^aXM]`RIR[XXcom^STOV[a[POS[^W[UVRTZ`YTYXTSWURQUTU]_VKFKWYSRUVQ@:ETVX``YSTZSJFOWWJDILSONNNJPPMLMJDJMPPMMSTWWVURX^]SMY[RLQ[ZSMPSZbZFDMO\_^`aSOWUPR\eqzxfTS]TFIPKJOZbYINTXLIQUPQSTVafhs~}ztg^WLPYYU]ZSSTORYZX`b_UVYSTX\ZTLOQQ`jj`]WS_^gx†‘ŒzlnfXY[TKUSNTVUSJJMKPOPQUXSTXXSR[`]Z_bQFF=COLMWZ\YPJS[]RIWQHHOZWTPNPMTYY[XPLMSSOTVQRUUNRQPTX^WRTSMD?LY\abb]XWY`][[QDJWXPRY[^_\VYWUVXXT[[SNECT^\SUPCGPX^ZYZSSUQMSW^b\]\`kdRW[^ksgY^fottp{„‚vfb\WP[]TSYVW_^SOT\deRJNKQPNSUMT^_QPRY\REEQZ[VLHQ^^XMNOU[TPLRTRRQKR_feYOTW]__ZUMNXXOPXWSYZWXVTTTTVVRRRLMQQTQFMUWUVSIIOSTOIMRV\XTVSQSTTYbaYQLRRVONGAPVIFV^^XVPGQQNQWY[[QQZRM]eYIQRLSUNQUWVSYTUZ]dii^USWYYVMQPLKNT\YX_YORXYW\b\YZWWRSOBM\cbQGGIMUTMQWTQPWdaYXPO[ccdb`\OOTWW\_UJP[a^RANYYTGGX_`aaVKSUTXYVOOU[^QMV``WST__XBEUYWRVULW\VNNZ^[ULNOQRMHHTYZ_a]YUOTW\_YPLTXTTTJJLRNOZZH>AKLDMVZVUURS_e^WYW^`_]QG?=FTTRTTR[[TTV[YQTTWYWVPHRVYbbYOMV\^[XNKGJX`^WRLOOC=HKKLG@=BKX[[Z\UPTPSWSPOW^WPT`cWT``[TTVWWPO\`XV_^XTR[]^bioncUJPYW\_][^a_UDFINQXZZUXfom^RISRLJHVWPRRPSQSV[YQGOWYVWVLFHMWWPMR[`ZKOSVWTOKSYWKHSUY_\[k‹—”Š€i]ff^VTPOPTc_VedQN][VZ`[[cec[JLPOV_db\RORQSUVONMLXVQOMTXUHCKKBJSKGHHJSSDALQFCKQTRNSOC1KUQNQTSPOMSXXTU[UJAFNMMIMUTQRQXYWLGHOPWZOGPWXQNW^ZYVRTWVMGPMVefb[QLN\b]Xbkrwp^WWWOMVRFFUWRH7BORRTUONFHR[cgmy„…‚we]UW]b[Y]XTIPTYYZ\_]RNMOSXXZXTWWZgh`\_TMPTk|Œ‘…k`e_VPNNQQMRMGLORNKMMKIDQY]ZZRHOZbb^a[SQLFGAHQTWWNFPV^[NOPPSHNGFOQUZWW\YWRHCINRTVOEPWRSRSSVQSUURTWROX\ZWX[[UJMPZ`\RBQYWQNSRSXYUPSX]YQSSRTNKNX^XMSKDNNQOTUOMNMNOQX`YRXUgd\TPWckqnjeceghrz|ofgb[ZVSY_YV^YYYZ]`ac[\YTQNSUONW[Z\VUa]KKUZXWVHAFP[]WTZ]UNX]][[ZVW__^\RTMQ[\UTPMSSNGNSPOPRZZQKQ\[RLLKKNPQNNIR_aXOQWY\\`]YQQO\c_XU^]WVY[ZTTRRJLRSMCJLPQTZZZ][XUTUTRTUVWSUYVWa_PLSRRSRQTZ^^_ZPV_hli^OSUQPOGONPQNLPPRWUMOYZ[SU[aaUMS]]SKQYYPMPHFLSUSY^VLS`fe`ZXaidbfd`RFHNOQ[WKAKOOLDPVOHLKVUYacYTUSONQTPPPQSKLSWWZY^^]\SH?AMLLRLNXVQU\YWTMLNSY\\adc``b]PUWXWSYZRKPOGPVPSROLHOYMAKRNHRPWYWWVVYX[a]SUUXVUPMGPTSVTOY^^RSPUYSBCOVWUUZ`]TT]abdZQQPHRQNUUVUTWXVTNLMKKELWXWOE@HOMLE>FHBAPWU^\PKLTYTOQSSTTOSPMQ\]SLP[^ZRKOT^dfe^NGMMOUTPJJMOPTWOLNQ[^\WZa^VYWNP]a[Y][U_ZROZ__\XZ\YUX^YUXVKOQY\YSLEN[]UTTSXUVVZTUW[ec^j|„‚wod[[ZSRLJGQROMW[`YNPRMXa[Z`b][[TSZRMTZ``\UOOQXWJCSTRFHIIJGHQUNQOOJNRRSVTVUSXTPSSQMRZYVRX[VSWR?68FOMQWTXXTUZWJF@>@LQOQSTUPWab[UWSNMUWUTRVXWMKRQNM]ca^VRKGJPZd_dwziYOW_\`WLQ^ca_RMQGDOVXPIPX]]URanx}ƒyd]VKQVVQTZYV[YX\_XL]b_\USPX]ZHUWZeahvth\PSdvŠŽˆ{si^SQSPLORNISXMPVWZ]ZUVZ_`_VA7CRRPZ]OPUQOQR\ZW\\UTQVSRSRV\VW]`\WRXZ\]XWXUW_YZb^TMRRUUO@6O]WIOVVVVQIQN@:APS[]SZ]WHEHISYUZ`^RQWTW\`]V\[[Y[PIRUSVOKQUTSRV[^_XWUQKLJAJQWUNhaYbd[VktpdVNaqvww„‹‚i``log^[YYVUXU^eb[]YHIUXRKO[_XWdmo`UXYTNW\a][_ZRXUSUVXYJLVVSRRYXUQVUTZ^WJILQMPKMMORRRZ_[SUVNITX`aZ[\VQUVK>CMQNQXXSPV^^WTJITSVZYZZXUMMKMTWQQ[]RNKKPVPJLTKJPMIOQNPSUZUOOLLHFJKOXXQPJBLNNPTY]`]\edadcZRNRVYVWVTQQLIKFEMJOXUSROOX^\YXQQSUT[b^TMLNJNSXXPFYb^TSUUVTU[bfg^XZ]XNOURQUI>AIRY[PDKUV\_]TJIBGNPPKHPPSPQYUMUXTUWTRQNFFLNPSTQMU^]Z`aXD?BOZ__YNNQPUYY^YQTVWZYVQHLPTVYWTWUJKLPYXNHFLS\^XSUNMZ`OKXa^\^WOPV\ZSJISWVQJOVWYWPNLLHT]YPGNTXXZadcYRQXZTQMLX[]]Z^aZMLPY\XSOKQSNKMPZZLKUYQNVTQSWUTRTPNHFHRRNR[\PPTOUWYNLPY][`bZORQKPTPDFQSMKRJCMHN\^]`dcX[_VPVa]UQSVXYUS`f_[TPRUURUPP\aWMKWZUSZXH@MTYVVWUNMV^^ZT^\X`q€‡€xsgZ[YY[S\GLXUPKOPKU\UQZ[\[^_VNSTXWLMRT\aaZV\]`ZPYd[PPLXYMCSYTTRFDLQRUUWPNQY[SOVYNNTSRUPGFPSRIIKJNMOURKSUZ[WMLJ=@NWSKLJ@>M[_[UUQJJOVTTSLLURNY]TQW^ff^RPQSRR]dely{q\LVYYYXQXdgcVPVOKLJHRRKJLVVONftvy€obaWLNLJNUWRX\YU[_YOW_^`[RTSYVOWef_]apvtjaZTjy€}tndUNPQPOTRNTPPSURGQ^aRLNT`dXFM[]XQXUKHHJNTWZSV^\PPWULMMW[ULU`bZPPHMTXWX[S[]^`aVRVQNVXOEJNOTXUQUPJMOLNPJSYY\[_a[JCJOT[XRQXYWVYY__WMLSRV]XKPXYWVMQYWUROMHRVTSTUMEDHJWURYT\`aZUgnjgZbijpw„‘“†m[iple_]ZZZ[\[^^ZWSQGMRVUSNRTQN[a`^_YSMLMXZZa`^YNNSYcdYTU]ZRQRTUORXPUVSSVSSNKRQT[XWMWff\Y[YPNOSUVY\ZTLMSPQSPIJOUTV[a]V[\PJT[^\RONPTRPKPXYX]`ZRMFFKIAQXbTJKNFGOVRHJSSTX[TRVMHMX^YSNLMOPNLOTOTZ^`fhb]TBGMSUQRNSVPFJMPKAIUWXZ\[_aX[_XT\XMPRQYZXYZXUTSUbda\SX^^Z[[Y\b]SQTPKLQQSTK@FJLOOLIKOMOW\XPNJHPRKHMKFKLRZWLKZbgjbVXXTNRUVTTPKQ^c\XZ]\YVW_a`UHGKMV_cd`UIRZ][YYYUQUX[[ZZ]PNRPSVVTMNQU\[OMJGUVGBVa`]_\TORY\UCIQZ]SOMUU\`\TONQVYQH6EUPSXVZ__\WWZUURIPRSRRWb_ZUQQMNNOUZaYTRS]^[WRSQSZZZWMSPWZQNUSKFJKOQLKJKKPUZZKKV^\Z^^]]ZVRQQLGOURMORQPRMT_bceaRNZVQW]ZOJVZTOUVY[PONKTROLRNMMK>9>OVWRMRTRW]_]ZUOKMMQYYNMWWeny…ƒ‚€wf[TUX\]JNX[SUURZ\UMR]_\__SHRXZUNMWZV_]UYRMNPOY``[UPU_\IJWWOEIMMLIEGKEET]`[UT[]WXYWUTSIQVMKPTT[ZWTRKJPRTUYYWKAAJJINKLOOSOOVRJFLSSSUXSRYZNPXUUSN_d\QXa]ZWPX^WfssgQM[[XUPT^d`XKBHNVWNJQK@IIHNQWhofm{vka\SNIFKPYZRLTLOSOGMU[\b_UMLSW^ehbYXclpmjh^Ul„”—yk\MSVRNQRPYXXUF<8D[c]RHF\f`XRTWVROVVLHMST\hfYTRMUVSK6@INPJHNUXOQMFLUYWOS[_[QGFOUMFLVWNGGQ\\YQI@7DHKSWVTY\WLS`bYMOSYZWQMHSY\ZZ^^[YYYWV[XLJQQKSPKNKIOKKNOQXVRWXRQVYYSVZXa\SRY`hlojc`]ht|ˆ’zmwue]\VUTXYZ^\VOXceZMP[XPT[WNNP[`ee`YPCQbih`YV\^b_X]a\TVZXYYY[_\VWSRZXX]_\VI@PXYWSUSbf_YVTRLJRSPUUMHENYZQNIEJBHUXPMKJOVVMPW]a_TT\ca\S?CNSYXYWSJGJJFOXVg[RSRNDNTJAHOPS]^XVSVWVW^]PLRYRIHKHFTUQNXbcbbZMT]]VKMNQQPLGBKMNQ[ba]Z_aWMWVV^[QMRQW\YWTLMPOSZ^bd`WTYadd`WRYYXP<:NPFHRQKIIJNRY_^\VIBL[[YUSPMJFNPSLMLX^YV_ahhbUNRTRQPW_b^WVU[^[WUW^`^\YSLKMMBER[Y``YNOQSX^[UNT]`XSUVZYVQQTUSPSSVTNSMAHTTW[WXV]]RFLOSVPMKL\`WMRRQT]a_USUWTUTG?QVRWSNQQQVWXQMPONQWXOJLMPQTTTUOCEPZ[WNJS^bd`UW^_ZZ[QINRSX^[RIHIJHRSQNJKY__aYNSTUVV_ggdVY[XVSRTPKKSVSUPPX^ge`[UTVVWVRQPUVOCV_]URQLLVXZXUQOX^_[UX^`\MITZYWX^aWU\OHV[[UUWX_ghv}ƒ†ˆ„xhaYOUSKSJTZY\[Ybb\]Y]ccggb]a_UPVYSOJLVZZO?DRQOPPUUTUZ]SGRXYWVURQMHGJIKTY[YXON\a]XWPJJJORQKHLOUTMOMCBNUTNRXQPOGRTOLGLQQOIIUYRHNTUY`\ULQXL;ENQUIL_`TSVSTX[\ZURbll`PWXUNIR[[SMQJHLX_UIOONRSIGLMVkow}sgcd\SOQSTUPOLTQXPMMSX][WKFVZ]]\b^RTdjnidfj^jŸ‹o__\][XTSWWTT\YOOKMPSXZS\a`ZUOORQOQTOGJKVWbg]IEOVWVNIMSUSOLPTWYZN?EGJRURQSRNQNKCCNT[^ZVRSYYSFLMNUPFKNQOVXXRMPW[YVWXSROLQSUVZTGTZUKJKLFONKTVRRRRR[_Y]`b`_itqcbX\```x‡†}pbW][TQTVTRPMOOJIPTLKIVUTVSVVYPR_d\Y\^YV]cUJSLQSSPJBJT[YSTTTPMOMIT][TGOTZ]YTQMNVY\^]URU[ZWUUVONOKSSPW]YQMKNMHDJQV[XRUUW\]YWbec_^\V[]YX]\UQROMORSVQPROTgO=LQPRNFHMWYSWWLISYZKBDWXUVXTHNMNUVUNJMLTSOMHINVWVSHILVVPJNJKKP[`[Z[\YULNY][YTTQXWVPLEISTURU\ZXOU\^VOPNNYUUY`^ULHMNLJQQPLGNY`d^TY^`]SJKW]XLNRNMQTTNOPS\[VSSVQIEDKTTNJRPGHWRE=FQK>IKGLPOWZWPPVRKMLPVZ``^ZXVVN@EEGRY]\[XVQLU\[PKPRPOLJWbc^ZebWWX[ZTNSDKULJSSGNXUJJOEQTJOYTJ=5GQXYOGKFKVYYTQMQVYX^`a^OTHN\e]OPQKMYZWHGGHRVQTZUORQPGHVgl`LRXNPYWVUNHLOSSQRLLQOCNURVbcadcZKGOYWTOLNU[XZ^`][^^YNVZVQDQYXWWYUOUTQHHOOXVQYYQOINX_a\NMMEIS[bYTY^bZLSSKIMZ[W\[_yŒ‘Šue\\XWRPVMLTY^[Y[\UMY^`d_W\^VIP\feYX\WXUMOUYVSHMXYZWMKMQQRROPPRQTVRLQ[SEDPUY\^]SLHNEISVKCJSWXRMLLLKMRUWUWWRLNRRSVXYSUWWXX\[[_]XZXXRLPJLWVTQOMHR[`_UR[\XQ\cb]_mtm_W_b[SJMS[^[VTUXYUJMRUVWXWYhihu€|spmkjbZX\ZTRQQX]\NW[WVV]cec_eebXOY[Z`hnrrpjlw˜švjnbKRYPJOP[`ZWWURTUTUPJJJJPXWPNOWSNS\]TLOTVRQVVYYXRUYY]\ZX[WHSdcTIIKVTNOVXROSMPTZWIFMPPJDNKMUWUUOION=FOPPW^\RPUSLSWLUZVWRIENY\\UU[ZWVSVZXUPSV`_]ZNHOPROGGOMPMMMPLQTQSZ\XZ`b^\jokca_ekfq†cXX\Z\[RKJLMKRQ[[X]WJKQUOMINQOQQcj_SURNW^\QPNV_]XOKIOVYWVUWYVMGEGJOXVPWSXZTUXORX\a^UKJPWWVRSWURMPY[[\_YNE:AA?COVWTJHYYUTXUT]aYPSY[ZRORYUROJ=DRVZTMVWX`_ZOORTUKEDGU\ZWOVYVUTOPPVZXRNOLRWXYSMKVSV[ZQQXXNGORKQY\XRMGDMVSV\[_`YUZUQORUTOKQXYYXUNGSZYTHBJOQPT[XSQS[`]X\\VUSQVYZ`^_cdhjr~Œ—}niaXRVUPOT[[TZ`\VWSXXMLTakjbWLLNFPVWUWWOJTYTMPTNLDRVUPQXYTNKTPFGGIRSSPKOT\[JHUOHJI[b_XTURDR]ZSXWNKYa[OPUSBDKRWPDGLLQUQT_cb`YPIR]`]Y[glk\SUNMNPPKQPPPGPUZ`\QU``VUVRQY^^UOKUWXWTTRRZWVYXSQTUMQVTVXXOGJQQPNMVYPOSPINNQPQ[`ZYWXYaee\SYba[QT`_[YUVWZZVPST[WMLUdli`YXQU[UUOHONHFMPLILQ`aVRXVRQQU\`\T]`UIGJW^WU[UELY\\XQIRVJEMKGRWad\DN`bcWPVZYVRGPY]hgbr€Š‹…‚ra[[[^^UWWFGKEIRY|smfa^cYI@EHOWXURJMQGPWSSQQJJONKOLIPPNMSRVZLT[VRQNQRSQXUNUZ[VRKKTYXQGLVUWVFHVWVTO@GKDHQ]a\QPULBOZWTWTRYUXZQLINXXTVRQRQVVX\WSV[^ZV_fh`V[ZJP]rzn_MMZZ][[`^SY\YMSZXXUSPW^_]Zakpsphikh]Z[WSVROTWSNPS]`]ZWWRTPVba[SROMX``\U``iˆ†}y~‡€qiaUNQSPLGMVTV\]WY[__]VX]]WPDAO[TLSRIROIHBBJJJUQSSTVUOS[XX`^PFPQR[\RUWZYPPPSXSQOQRWVSKMX[LQXSQR[gf`PKTXVVQFMW`[QQSVUYXUPLOTOHOZcea`]PNUZ[ZWRIJJJOUUNJW`YY^VPMLQSZ\[Y[TSSPXbbXRPKMOINXUPUVOJV[VRX\]YRQ\_^XU[[WROGNWVUefXfv}‚‹†u_^XTLNVVUZXWSVVUfrmbZ`aXOLIJNZc`SGKSOMPMOVXOBENRPKGTSQRSW[a\OQLRYVPQXVQI9MTZVXOFPZ_^XUUTOTWTPWVTRMDB@CJY``UCFONSVWVROLOPOVWN@INOOW\\VLTTX^_YXY_]YZagbVNQLQYepod]JIMVWRXaXUWSORRPW]XQSWYe_^^`fg_V```]ZSSW\VWWSKIQM^UQUXYW\[\ZYMKQV^hf[Z^gw…‡}ofp{|rdVLTY\[POVPS\_UNTX\]]WbeZQLFK\ZRPHHEDFFDDNRFPTOUOJJOVX]YUVREKSWWXREU^[QSPR[^RJGLNKGIOXVIITSKLOPPTY\WHJUXXPJSMSOLN[\VQVSPU\^WVZYHAHQXWSZ^YTY]TG?JUZVSTVWOHKTWTSSOSVUW^[[d]YZ\_ejfadcebn€ŠŽ…{qmmkb\WRPW[YVQMDCJORQUSONJ?GPZ^YYZXSUX^_OGMGS]YPMNYWTTTZRR\[WVQPQSTSSTVTYXSSJGLSL;ANURMNVSKKX]VPLJNXYVY[WLCP[ZURSW[Z[[TSXSLHKLMSUT]^YONIHPPNRVVOVXXVTQW\fg`WXW[Y`]UNLSX[YWVTSTTRRWRPSWeg]VZYNX^YV^_Y[XRRUWVUNMJJLJMUZ^Z\]UO\^OBKKNKFPVYdhilg\UO\^WV^_^ba\__YQIKX`cgdiji`QRUTVVKIW]XOYZNIJSYYYQTVUUNMQHLSSRTVXX^__][VNV^VRPQUUQIHLOHQTPSVVVRNNOUUTSM=OSJLUUPUTGIRWQTYSHHT_`\XVSQY]YV_e]ORY\``[[X_^de]XVTPMINTUELWYVMRMHDOXZZY\gdXMKNPP\`^YRNNQRSPF;@KTVWVKMXb[KKJGJNKQUXVRLH^f_QVTPNM\fdZ[X[UKKGGMUVWQKJOTW[^a`[VMV[]V[c\OJNQXXSPHFB>ISRJQTTZ__XOMBBKTUNUZWY^^^ba^XVTTTMKKNNV^bZV_ca\UTTTNPVPSX[]UPJHPVWRY_\Zkz„„q^Y_]QDEH]_]ULDK\lj[PSYZUW[YXV]bYTSRNPTOQRQNMPVYRJJQWRHR[VWNHNNJNY]Z\YYXLIVTJUVMPOS\\[WWYZ[[_]SQSOQX\^ZVPX_ZTVYXUYWPDGV\]YYTNTYTIRY\QGPVXXYZ\\_c\TV_bWPUXVRZlqeSNEJXa]RXY^VMOTUPV^^YULNKMWZ[W^cgd]_a]W[SXXWXYWSTRNNMT\URW[^_^VRKJUehfbbabw}tlkp‹‚mbSQTSUNLOOOQUYXQOOQVVZc^ROPENXSKKOIMOMHKQTILVSPTTOLUQR[WPMIBKW\YNGGNTTVTJGGF=DPSSSXVURD:HSURKKHLPV[TNW]]YPLOVVLJVZURXXTWVZUPUUJBNSZ]WTUSGNYRKGDMODNXYPJGIPONNTVY_be_QObdQPWWY^c`^aaf]nŠ“xiborhKKRVTV^^XSBOUPQX^\TPQQMQXW]gf`\\WRJFTXT\b`XR\_[XRJNQXXNQSNNW\[ZTW[]\]TNNLOQNOWYUMNNKMKMVYVRMIUYU[ab_VJQXTKLRYXOSTVYXQNRSQONOZZQGF@?HKKQPRX]X[\\YQTYac`YTRNQ]``\]\[UKKPKRZUI]^MPUceZRSSS\[OQ]c_^\[]\]_\VNTWVNMQTYZY\XPMTUSRMVUONMGXfmpk_UNRY^fhhc^^[W]]UIFU^a`Z`fkg\RMLRNEISVXQR_\XTOHHQRGALSLKPOKNNJOUQOSSMMTYZVYXVXNR[ZUJ?FS\WNNRQOKFAKVWVTOBS]TUMLUJJQTRTUV[YSPIU[XPPVQTaaZTRZ]YTY[_Z[\[Ybhe]VSTQHJJDGS[TNGDMUQJQVYRNV\`de[Z_^NMRWUROMNPLGORFMNJSVWZVNGFFJMKGHXW[[WQN[^ZZSKMMUZ[WWVVVROLOVZUXVOOMPY[\ZY_^VU^\QRejhb\UQWRKFJK@@LRJOYZUWVQQNF?IQUSJLQTOOPU\`b[SSXSINLEO^ed^^`dd\SWZRMT\[LM]`[TKKMIKU[U_Yfwƒ‰‡o[cgaXMR`]SKSMOengWS\^YTWZ^QLXUT\^SMSTOSUUX`_WMKORQTSLRZXREIKGCM\^]QKRLJRSTWYNNPTY\[VRRZ^X\aYPMXRR\^ZUPUYYXUWXRMNOMPSONUYTNZ^]PKPRTXTVYSLUW[`a[UT[]SHNZ\V[jrk[YTPRX\VR\]ZROS[ZUR[X^^YIN[_ZWanvq_]`[\^YWVGL]_]\[VMSZ][OMT\ZTTROCR]ZWeicctwlinqˆx^PUTVXTI?GVZWXUNRROKNZc]RNKGLQRKMNIHIKORQFEVYTUUPPWWLY]UKGMPPXXSLOMLIKVSLMQJJRSMLSTUQKBIRVXSMJMU[]YVRZXPRSOPPKLWYRTUEAEEFLLQXSHLSXWEIPJJMMRUSIFMCAMRIOVPKHECVbfca`]RVaaYRPUP\gig`^[_^m‚Š…|q[foh\XZYUO[edcUIUZSKQQLGKSUY[``cec^\[UMMWZVWTVUOLRVYSMIPWVVYUSURXVSVUV[WQZ\]XQRWZXSRE?LOQUTTRQPRPOQQV_\WTAGRTKDLQRLKLSPRWUQLLNRTOOVSIFHC?KLJO`h^MQMTUP\Zac[SRRGOPZ_a_\RONEJN`_QW[ONW\`YWPFO[^UQRUVY[WX[[a]XUNOPLNPQNRZXV[[VN`hbY`_XVVJKV]jmcYZZST^de]^\SJMTZTEHOMSULT`_XYVPSRKKQNKTUQKOWVI:?GGNRJJNRW[WNGLTOJOMLPX]_[TRX\RCLOLUUT\``ZSPOIPM@I_fbXL=Q[]^_SGNX[Z\]b_\ZTOHKTPB;LPOVWZUNTZ]^XSXY_dfc\bfaWKHHJJQTVW\[VRRZXXUTURNWXPXa_Y]\ZSIW[URVXVRJQTRTRIOSU\UIMTOIFLQPPKCHRY_cjfYNBJTVTTNS\YW_]SRPOPNIPSOPSWUF@LYYVYRQZdlmhaYRTSNKLNFGX]]_a\ZZ_aZYUZZTLHKYa\U[YSPQRTZXPIHUTKQWUOOSSQOLGHES_\LFQX]ZSNNFHEPNKJEKSTSTQJOSTT[XQJITXYVUTYUKIHHG@ISOB@EDGONNRRQOQTNPUJ@R_\ZRUX[VPMMKMHHUVONWPFLH@>>HQSGAHTWRW\SGFINRYVK@QTIIFMXUNOJROO_`[OMIJVVOOQSOPX`dg`YYT`^g{…‚zh]`abeb^UR]a\_`YNOQMQTQKLRW^^W\^[ZTS\YLAORTWNAHROKTSOWPCKQV\ZY]YVXVQPRTTQVbgb\TU[YSMLLPRNNKJTXYUVVPPPPPONHISVQKMMKEGGIQWYZTLQPIPVY`_SQUSNPSLKP\^QJHBMUXTUUV_d`VTKKY]_^]\Y\OCU_XNPKNUYXVYWVUX]_XIRYVYYXUUPSMR\SMHRWOHUXNY`[O^hgc`ed][YZVMYc_VW^^WV`cZWQJOPMJOLA?CBDKNGDMNLPOKUTJO[_^TOWZQKPNPYUMONPNPY[UTRMJPPROOOQVWWXPLMRXSPTLCLZUGJMQJIJKOQGOUURLHNTWULN`d_Z[fid^U_`Yqsc[`bhmi^PU^`SSZZTONOV][WVUPY^VV\Y^XMTWXYG@JQOKCFUTT]XLLHIGOVTUUOPSZWOSUWQRUZ^^]VVURXWVXQIPOORT\YQUYQLPKEKPMNWYSQJLUQJPXY]]XNTNHNVWZ\UPW[WVTV[YTQGCNQMQTVRHGUimbVXYUWXW[[\Y\TGOW[XUWXVQJKLPQLPVUUU[QLRUUWXXQN^fEHUYQKLPJV^YQOV\_aad^TYXTOMV``ZSSIL\b^[WOSUPJJNL@?IXZSNFGTdje^]URQTRTSKKRTRKPSRMLQTIGQOABFELSPNVXVPMHRRR^`ULHFHX]TUVSRRT\YQWZSQX]WSUY[VNPOI?RYXOIINUTJUXWNHHOVRKIL[^[\TMW^_]YSPQW[[]lpiZTRPRVYPLTZcaURSB>HQVONWWQSXZ[_^ZQW[VRQMNURILMSUSMONMTTRURHGPSNLS[^[ZYV`jcVNLPZ^\cf`TSU]^TJQWUPTXUPQPUZXZZQCLXZVQNZgg^WWVSJNMIDGU_ZSMCOUURUYTQQNPNMNKNQOT^ge^TOOTOHZ`[VY\_`\TQXZRP[YKPY]ZMNTQQTSEGNKJSQSSSWXUW^deehcgy‚„ud_Z[Y[[SNINLKYeg`NCX[USXYUOJKU\ad^WH=LWUVTRQMNNOOMUXXYXUONRPKKTXVVPUSRMQV\WQLQTSZ^VRRMOSVMLLKW[\XU\]XQOLTNGLRUZZ[a^\b^]][VQPUZ\VQUPQUXWMOURZ^_[RPZ^cii^\evvpbUZ]]\ZZXWRGJPU^\ZaaZSUTLR\bdj|ƒze`Z[\[OFJRMFMNJNTVU[HHMQURLTN@FQXSPQSWly€{plllquqt€jZ]YOJJRTJLV][NOQY\]`fd[XSNJPUYVMHGHOONPH?KOTVW[\YWUTVZYWZXMOTYRNSMLPNNJGJIU[_`_VPOUTLSNELTYZZ[]VNRZZWTORSUPMTWXKGIMPSYWSQLRVTOKJKNOLMMTQPHMTPIGQVTNC?NNNRV^ba^[W\ZTX\RLJPV_a`eid^fb_r„ˆ€iUHO[mslZMSOOPQXXTPLPZ`YNLIT]^SG?MTWXTPPQRTSLUZUMR]_VMNXXNUb_ZZUQNVb[UQQPC?FPUUX`_ZPNMPSRGMWWKK_`VON@@LMTRDJSQX[XX[WWXURUWUURPWYRSWZYNILLKMQQTXZWRK;HKMTXTTTWWRHBcpof^WX[YNKVUTO\`_\^^clmcVTSRY`\MSWSQOMORKIMPRUSXTRQGQ]\ROXYVQOQPQKLZ[TRVNOTRNVYVRN]_WXXOS[WPVYXSWUPPTY[W^b`SMMSORTMOQSY_\UKGJLD?JJHJI?CJILTO?38GOMUZUQGHMMJFDMPRQWSURPX^WQ^jldc_CHRUWWPENULAKRSZ[ZX]XPHJV`cZSOMHMLJKNQJPPNSRJKRSR^de_PFKQEN[UMUXUMQUNHO[VPOVL?FU`^WJNUQOPSWVWXPSX\VOKKXbfcXHCBGJUXQIILPLRXT^aZSKJNNU_hk]OU[_^VOY\]WNTZTLMZ]\YVWTKDIRWTYW_dZWTRVSWZQLRSOXOV]ZMMLIUWIM[[\ZQMUVSUQRUTSSTRRRQH=FORXWSKPTPSRKHGTUMKMLE9I\]SRVYXcil__w†‹‰|k^Z^ZTPW\UMMVZ\^YQW[\YZ]TKJHKUbd_`[MFFJMRQVTOKRWVY_[VXTQSQNOVZXRTYZXOMNQTUYYSMIOUXZYRMTURQVXUVWLEM]\WPKRX[UWYYZ^[MIX_YVZ[RQVRRUOGEJMELNNSLNY`bUJWabehaZYgqvldgfZVOOQSY^XQJDOZ^ZTVYYQVZ]`_nztc\``\^XOOQPLQTPSUWUPTGNY\ZUQVOENPJRWVR[s‚~mb^esmt€wcZ^^YTUVQJKQPF@DIUXTX^USRNJLMUSNOLJQWSRPIDNYWOSXQNNUWRMPVVRFKQNIC@CLJIBAAGPRRRRKJMOLGOPFMSQPMLU[XXZXXWWYUPLDIRTOBHNPORXXUTZ_[NKQPLMIGQSQVSPWYUSUTJKHCLEJXX[]SS`]]bVOULFNH@WXPCUedQPR\guƒ|m^TQ]ih_VSQLROLT[TSQUWVTQPIMSMMMORORPMMWbg`VUYVY\]^YNIMORYeg]TSUPDXZROTUOEMTSMNXWKLMJNNOIHPXWU[_WICILLBHSNITXTUWXVQOSW[UTRRONS[ZVRVX\ZUSQHNYWX\c^PJNRT\PRSRNMPOWgh_cc\ZYQTTJNRV\\ZXQMZklaY\^]_`ZZ`ZOHHNOJJJGTZXOCIPW]`a[QQPSWY\VPTMRZWUWRPXXSPNSVSSWMAD>JYXUTMKOIDJTZSMY___]VOHIQWUYVLZa]QONISWU[XHFE3BORPOJG<=CGJR^`ZRLORRRHFOFKMNTRMLVWPKYfcdf[NTZYLJMW`^PPRPV[diaOGJLOZ_ZYTNHLKKMNYSNSRKFKKMKNTZ^]XXVPMPUTNOSNDGTRKJVYWPT[TSUabYTTOU\ZUTSUYPKS[][SNR[\b_WGEJJOMNLIMWQLOMUZ]YOQXRKQ^d_RV][ZWUTQPRVXZXUTMTNNQY^[SSUWW[b``]]\SSLQ]_\VRNYYSRNLUSCHPSNDQahbTOOUUXXTVKCGOTLC?@NTRQKKGJLF@FLNPMPKLNK@?JX^VPKLHMZhne]l‹Š{aZ[WVLRa_GGY`^]\UURRQTVXVPJJT]`__^^UONPOOSYVMKSUQOY``XHFHLUUX[TSYXYTDDSYVOTTOQWVPRUYVTWVVZ]X[`YPMNSRTPPSWWUTZ[]^YYSPRIMLGOVSPOJHIV\QHPU][OOVVMIIVcklidZR`osqofa`UJPRUWZYWPKKTYY^`YRUZ[`canwvkdg_Y[WU\`SMONNSTQMQ[XSXWTWWVSJJJILTYT]jsq`XTS\oyw{€€~uhZYVQRPRUUN=FSVXWMKSPTY[WONRSPQQNLSURNRRFPRGGHHGJJPWTORVUNEGDHOMGKTUJBHKZ^TJKPOKJJCITUQSOQUVSPRXXNDAMXVQQHHNSQKILKJKQUTOQYTLMORLHNMPUQGOLOXURVWNMMMROFV\^_YVbc\WPHRWRQLCSLMUaghe_^cjz‹†sa[`cfga[ZPRVTV[WQPLIMRZYXNOWVUUOPUVROORVXPSZUXZYXZ[QJNZ_b^TNOTSPV]XSTVUNHLNKKRTOWVODFFFMSPRYbaJ@GFRVPLQRMNZ^WTXXVRQWVOQVTNDMORUQSXY[YVWWOU\SNY^^UKNO[`SORQIS`becVPUX\]^abYTSVZ]^ZNEGP]`^^^^`c_WZb[MLMSP@ENQX\WSYXU\ZTOSSOSYYXRDKPGNRVWWKQZ\ZY^`XOTOIKC4AKR[Y\_WIEQYVLXaZVWZWLHHJNSMIQUVOHLRWZZ`^RHPF>LPMMLJCAIKOSWX]]YPDFMGCNTTLMSTMNRROIU\\ajcVTY\SR[Z`c^XSKFN`nm\PX]]][SPLOMIGKUUYW]^UUTW]\UU\]Z\TX\VIGLLPLORKNWWUVHHKSUQVYUTZVRRV\\VNJOOLOTTTUQOIKRKLUXTOOIKPPLQUUSRKKTZ\ZOMQWWUUTWUTY^XHQZYSTTOMQVWRONOQZcc\KGSY]cigUZa\ZTNW\[TOTYZZ]ZTXXSNHMVRPNWZVOLJOPX\][MFNSRIC8CMNLKGOSOIEMROSTLDFNQMSUV\^TOQTOLYgh_QmŠ”ŠjPPQX]UX^\PTYdd]RNNUNBCO[_\RJMQUZ_UW\\WPPSVW^XFO]]TMT\^UGEBGSV[_VPIHRTJ@WcaX\UMTUWQNWYWYSLW^VTYY][VTSSNVXMR[[YTUXZ^]RNRPLLRTLJSSJKXa^VRPOWYXX\WRNO^iikigd_fw{we_]NH[b_UOV\\ZVSS\^^UTZZ[ch`_ksof_ZTX]]`fcXURMDBJILPSPREESUSMHHKT`a`\glnb[U\dmmp|†‰‹…ue^TORQHOOCFPLW]XLHPPY_YRQQPJQSSJP[^WNSOLNRVOOUSLISUXYYSPMFGPRYYYXUUONINX^WINTSKEC=FRRMQPMVWSSSNILOU\SOSNOMJCBABOTHBMTOIEGSURJIOTOMSYWYYRY[YZVPKFNXTE@MVYXVW^ZWQQZ`^VYMLJMRNW_fe__\e|Ž‘‡ob___ge^TMOTSTUYTROLJRWVTNOUWSRNGIFFMRPOKPLNUW[VPV]VJIT^a\RKGOOLPX[TLT[TPFMRILVOS\]VOOHLSQLNT\VEEIHMTYVTKJRRRTWULFJSYXVTPTQPQOWSRUUXTMHNVTXWIMU[[QKLV^[RPUPLWcea[SS[`_ad_XXUZ`abb\VTNLS\_^[VVXWV_]VTRTTQLQQKLRSXVPLOTMIPZa]VNNORQMHKQUYWMOWXT[__[NBBR[YMGXbdbc^SNUYRY^[VOKT\XRPPLLJKRV[WVTPNPU_c^VPEHUXTJ>GSL?HOUWTRX[J?PVUG;KREDGO\_ZXSIGSX`hfXMORUQUTX[YOKOLOU[c_LBVa`YWTWWLCQTRSNOY\TUUNS`^Z^[Z\Z\]VONIDDGMTXZYWVYZNPQPTZ[TTRQVVQYXSLLRWTSUWSRLIKRTRMMRUTQQSTUOS\XOPUW\b^[XTRV^]TQPPONV[UMX[YTQQORU[\QMQWX]WWUPR[ZZVVTKUcjeUQSTWWRWZZ`ea[VXVQQUYYUTOMPQRQKFR^dbWRJFKMJDCFNHFKOQHDMQNHRUPLDBIRXVV^a_[SNNIQ^[M\|ŽlWOPUXYZ\X][Z_\NIHQNCITY]]ZOILOYa_TQMP[_XMJRXROTYVWUU]\MCCLPPSYWXVKGRZSLX^XX[UVWZRFNSX]TOS[[WSMUZXVOLS[[SOV_]ORWV\^ZPZ]USVTKGQROJIRZXQE:BW`_]UOUU_a\\adhjegsuibcXMQ[YRQPSVURQWVWVQNSTV[idU_t{saQQQUXX\\YVUYZTNMF?;CIOPSY_Z[_ZSX`dc]ahnspeS\``ksz…Ž…qi_OTVTSSQKOUWT[\WXVVRJGNQTQMKQNFSYVMBHPV\]UNNPNTYULMSX]^VQVNFLSUKRWX[YWTRRRHJLDFLEGKNSSKITYVSHJRVVYVSWRVUMHIMHLQUPGMTULMLVWPHRUPNSQUXZPMLR[]VPMOXYK:4>HT[WY``_`_]WVZZTST[VQRakidcen‹qj`VUZVOOQVTWUTUSOQVVTSLLMQSTUQGFLWZVOFERYTRUYXVU\`XSKPUTUTGKSRONPTOQZ^UNJSYSQPSZ_fd^UMNRPLKSSPQYUIFNRRQPRRTTQNNDDMQQPRU\ZVUNMOKRTW\]VRVXTM?BIHPOQS[]UTWRNMQ[^ffb]QNXcicUTZ^]\^_]ZURNRUYTW[`d_W\_^\^^ZRSQJKQRSRQLMM[]UPXcdYPQYVKFJNW`_\RGLTVTUVXQMHGTXXS[caVKHSSQXWU\ZVRD=PWPSTOMGGUYWTLMKOLGM[__ZTKQVWQKLRSJBBDQYZVONFR[[RLQWVRITdf\TRKLPWZ^[be[NQQOQUVPKFSYWSVY[XKMSXac]ZYNBPUVWQPVRLMVUORXRPMOWZ\__VLINE:CQaf^RUXVTWQTV\b]XSTRQXXVWRONPSX\]XRUOMMPTOLMNNX[SPSRRUUTUNNWZXZWPKNRRU]ZUOJIKRWZUMMOQTSSPTZUKNVWYUSPINQPTVPY\X_po^MOT[ZSSVUPVUKT\abWOOPQQMIMOSPNNT[bcb^XONMFNMDJKDLPNMQVWRNRRNPQKIKQQKKR[`\PAJNVVPWhz‰‘‰p]^ZRQX[ZU_`ZUVL>IJKRRTYYWNTOWbebaXDQ]\VJFHMONPSUTQRSKBHNVZVST^^UOPUWUX\RNQOMMONEOJV\SORPPSSMOY\YWRRU[WTRSYVQTPJP\^]ULQZb`TMNMT[WWZMEMDHYZ_^VLMW\_ZWRWbbZfrqhf\IDTXU[[LQYYSNWZSRSOCMVagiemy{scUSIX\YOPUUY`\NJILHFFPWVRW[ZW]]`b_XSV\n|{sg\VWfsw‚€~sjeaTIQRNORSZ_]]daYPOPMHBGSWVPONLIKHOOF?M[\SJLNNQXVOOKKU^_ZZ]UILQLSWMPZYTNRVQJMMNXUQSRSSQEEUXTQLUXWYUONQYZTNLMVVQWYXUWVRLGPRMHRRKLTPIJLB:AJRXVJIHOPOJBBFNPTYbebdc`SRWTNLO^bec`iljfeedr~‚znbbWXZVXWST[\WSTUNMTTQHGOMOLHMKMMOTUOOPOX\ZURR\dif_YSMNPTSNTTSUSQTZXRTUOIT`bWQWWRX`]RORTVTQOKHO\^OBINQPFGLVYVQOMMPPSVUSVWWZSJOU^a[Y_]WRZ\VA>BMQMORZ_YOVUQO[]\begdWOXhlf\YVRRRRLNQMRODLOUWUMTVQQNKOU[[XTPMFLOPSVVSNZ`WUTY`]PT[ZQGIKTSQNSQMOPMPTTTUTLIMRSX][VRRUWPJQSOKTTNGKUUTRPSMFRSOKLKQUTHINVYVQXXSMSQLOPNMPNPV^ZMFJPZYQNPRX[U@U[YVUMLQT\]OQ`b\XTJ@OZWQJITUOQXXSMOQNQV]^XK8GJJISXXNRVLFIJRSSPOSUYYYWNGKI>DSXXWRTXTSSWNVbd]WVKMNHPUYZN:>OZUTPQYWPXVJKVVNY^[YQOMMJJQX^_`^XSKGJMFGI^^NHILKLW[WLNQIIRXZ[YZZWTV_a[OEOSTRIGT[]]ag_QRY^_TOPMKNQU[YU_cVIKTUQNRMMKMRTUVW^a[TPSVYZVRSMOYVKKOURNOLEGS\_ZUTRJNTYVRIGHQZRU_bvŽ’‡rf_Y\Z[a]VZ\VUTIMYYLJIWYUUYUJU`fihZLQOMJDEPWVMMRQKKH>EIJMRX[SNQONHRWZa`YOPTKMMMPUUTYXUSLIOUMHQYWVYVVXVUXQLTTRNJKXZVNDKKNVSSOBP[ZRJGRUKCVZTV\YNRWba\ab\VHOchff^MHJOP^_XXSSTOU`]TOOKNOUY]fhioso_QRY]_]TZWY_]TRRSTSWYTSNMS\[OVaeiaXUU^hlnsmZV_nwtmv~t`VXRRNJMQQV\VMZc]QMPNGD=ITXYTOOMMGEOUOGRTQMLTYUPNT__ZZ]_\X\XJNOFPRLDOXVTNNNKGEKSVPPNKURNAEQXVX[^ZROVSPVWWYTO[^ZSTVTROUQLNMKHHPIGPWTRTM?EUVMOLMMCIOSOFNXYNR\ef_ZWTbnhSGM\^_chlokgbfmt…‘ŠuZ]\]ac`WOINVTNOOKNPUWG@LQUVROOOKLKPVVUYZYWPIR[gqsj\RNMQVWVWXRPTMPW[YRPLIV\d`RU[^`]YRRXVXPRVVNIT^ZOLOKQTRPSXZYSXXPMFILLOOYYWQS`gc\[^a\W]\TJRUSYWRVUZ`[UWXa[SV[ZW[_]]]`b\U[___a]UNX\[XSU[\ZZNLOQOIHSYZY[\PDFKJLNRRNETXWSQOQQZ^bc\XZQRTOJRXQQPLTWSOTUUVUXVRWTUXXVVTNIOUYWPGCFHLSTPNJHRUVULISXSIIJOPJNUVUQOMOQWQBKQTSPRWQONSSQQSMNSWWV\[ZVTUOEGUQJIS^aVHILUWVYVWPHPUNJUWSQUXZ_\VMPSTLJQXUS[[M@HS^\PT[V\VPQRTTLFCIMNSQGPXXKPT`bX^_WNKOJORPPLMRZUGJQMHKSTG>LPCRXRO]feYTOTWZ\[XRVUXcaVOKX^MOTUWONVYQISTTWY[]][QMOMT][VMHPZZMGOOVW[]\ZSU[]VTRF>HNT\[SLSXUKQRNSWPC>=MLLOTW``YNY^feZKLHMUTLOQTVODBGILY^WNKLMRW\XSQ[_YPNZeaWvˆ‹†veWZ^[X\bcZTNFFKTXVNNUVOLOPNRZ^bfbWXVQPPELVVMDQPOMUQRTOPPFOPRV[WPKTUXXRLJKLV`[TSHMX]UPMIJLM?DMJFQLW`XPTWVV[WTRMTZSMPNJKNIQ\JFVWSPPR[RIUYVY_^XWV^^X\]]``djoj^WURKIU]]YYUSQHJU[\ZUPNQMU]UZekuzr`WVLR[_]]]_XNOLJRVSNVURORWWPX\^dd[PU\^^iz~oYY_ijlwzvvmXGVWQOUQPPWWMP[ZI=LJCBHPRRKDHONLMORJGHKJHNRWXLCIT\]TT]b^SIQRWWQONH=HUSNAEORNOKKPIINMUXROJIPZYRVVLDPXVTLNTSNOPRRV[VQQTSRPKBMTSQLIPFIOTOEFMKCCCECKPQUQNUUNRS_kfWQUblld]R]a\V^_eji`ZQT[yŒŽngd_b_\WUNFQX[WRSVVSPLJOSUQJGLOW[WPGUZ]ZTTVONU_joj]PLRTTOTUTNOQNPRVQGTWX]_`aZPQV_c\SQTNRTSX]^YUTNKNURNRWWRVXPMTVMQQEGRSQWXQPP_kgYVZa_SR[]X\dYV`^ZVSY`]XZSLO^ghb`WY[ad_YZ`]]`c]POWW[]UQQRUTRPTSNW_\SNOY[USTQJOPNG=ITSRJGPVZ_YUWWYSCDINXYUUOEFOMNQS`aVW]XTRNNXYZZTKMTbg_PDGQTSHCPYWURPWQERZQIGFHUXZYSF>ENTY^ZPSRKKLQVQLOMKQZ_ZHGUVT[a`WHMRUL=EONJV\WMW[VZWVWVTPUURPTRQVV\\XW\ZTSY\TPTYQJXYSNRY][W[XWXSU[YWRONK?OXWLTXTJHR\b[Y`_[RMKHKSY^XSVTOLMHISUQSTUUOHPJGTaif`[SPMTXZUUVWilaWOJRNKLQ[[RIPHHNPXWTVWSW[VYSJW\\XVXUSQJNYQLUUX[UJNSTZ^UNKPUVZX\USRIJPURURNFFHRRPS]ab^][_bcb^YSNOQKTTXXTKFNVPMPLKSPRYZPIILT[^ZPMacVZo~€}s_JPYZYaf\RQCCNQPNQHHPTSMJRWWTMTZVX__]WOSZYTQMNORPUVTTTVSTSKOTTLJNUVSOLNUUZ\VNIOZ\\VPIHNQRNR[\PUXMGFBQYYZ^_W^c^WURORPSTTZ_WLTWKIMT[TEPXRXadbaWUX\[Y`cdablspcSOSXY[VSW]^ZSKHMUWVVQUSW\\R^iovvldXXVV^b^]\QGDC?FRQEOQTUIFKGQ]b`ZWWUJNQT\jsoeeU^knpw†‘‹s]X[TXYUPMMNOW\UPGHMI@GRQIKJDMQJLMMMJNOMJLQNNBGR\ca[TY[YOJQQRRPTTMJLXYRJBITUZWNRQKJGHTUSNMS[^UDFGFEKPTWPVOMTSQQQZQLMOSSTSQS\\UJ@HGGFIKHGJNQMEGKKMPPPQQNDEEN`dYMPWchjk^\_`U[^bijeVEUfzƒ‡~pga^e`\ZRHJXZWU\]SIFEOZRFECEOMHSSNINSWVRUWXSRYceba[PIQROWYXSUYXPNWWOMRPTNMWZPNNQZYQY[SFHRMNX\][TJELPTTQLFJLQXSHNTPGISRTWY][VU[\ZYZWUNM\fjedc]X[^[UKNS[WIIY^egbYSWZZ`a]W[YVbb[WPKGXa]SLCR[[TOVW[]YQOPUY\\a_YRPPRHBDILLLMUZTGKJCFQQSPNTVVWUTQRSYURW^VRUSVWXQSX_]TPTWZZYQMQPOSVQFLTVTRWYTQSNLINONOJNTVRRPNW_^XTUPQUWXUOLKHGW^UMKPPKU]_[PMY`cTDILINXVUZaa^WRRPOSQLOSZXRSVVNPZ^_^WSQOPXYSEKPMTUTRUZ[[[URUXPEEQUTMSXWWUQEEGHR[ZZ\YTQOQNOR\^YPLRUTSH@MTVXXRQPTSTPQX[`\ZVPMORSTZZVemeRKJJROSUSUUTTTSXYYVUX\\Wcb\XOUZZYYUEDMONX\XUORTRIJBKTXYRLPTPKMW_WNLHNVV[TIGKOLPTQPX^_\]^^\]\XRSUSTPLMTUMKWZLHKLMVYSSYXOGFOUV]]TSX_[Zp‚‹‰y_WZ`^[WZZUXKABKHKPNELRQVUZbc^VUYXYX_^]XOURKLSSMTVZa]^[W]`ZOFHLRORZVQQSS[dgbZVMTTTWUVWRNONTS]fb^`\RMCIPNKWZZ_gcZ\YVTZUKPU]ZOJUYMNU\XOOSTW[```\TMU[^_`ZNR^jsn]PX][SRZ[\YUUUOPLOQOSSQTQQPTdqsrtre[NQXdf_SJIJ?JWbbVQUTNJNNT\]_TDAKLKJKVYlz}oZSeknn‰”l`^\[\^`]VJKQ[WSURLFIIOUKMSSJFFIPKPTQKBIKMGDJMQX`d_WUUPMPQOGJOSURGJSVQ?>LOOUSRRURJEHPSUYWMR[YGDOOC>LONQRQOURORWYYWTNTZ[TRRRY[PNURMQSTPOMMLNQMPPOUWOJPMCEJKNXZQKR]`cjg^_UTM[[[eli]RYn‚‘‚hQXa^YZTRX[Z]ZYYQNQNR^XMGIFGMKHJNUZ[Z]dd^SRKOXbcdc^ZQNGNXWWOOUYYWTQQPPMGIXa\TTQKQKFSVL5GIJ[_TOPH7AHNOFKWVNJTSCMQQMJHGMRRVZVUUQJSZUHOTQRUYV[^XPQQHINUVXXJUZ^\USUYWV[a^RIOS\^WSRPNOX\YXQRYYVSSRWXWRQPMRS[`^YROLORQRU@>IKJQUNSWSKORQLGKHQVXWX[]\UGMPMNQNS[ZSRSVYRKPZa\QNPQTLB?MSNURRY\XPDDEEICIKLQTLIQVOMNKLRTQNV\VUWXTSLSRRNLIDALRJQahf]PFKUYVQ[^HT]_^ZROMJOV[VCQXYZ[ZQV^[Y`eaZUY_^VPV[[XWVZTPXZ]^[YSORVRKOLIMTPISRJHQXZURSYYXQIPWWY\XMDNKHIKMOWWU[UGLURMMU[X[`_[XOJT]\^d^UUW[`]QIIJO]fe^ZNTWSSSOJPSQQ_`TIKPTWbdWMJKQX\XOHOTVODKPQRUTK>9EKIIQ[_UILMOVXXLALTUSNMQW[YSPV[^WNPSXWWUKKMJMKU_b]Y\[_[\YZZ^\YPRLOV[YUPQQIXTSXXUTTRZVGEQNUVTTTTURTOLPS]_R?PTLHECKSU]ec]TNM^hiie_SPQT\^URVVWX`bWOW]Z_`]SNMQKOV][WPNGMIMUQOJEPYXUPRQPP\b^VPW]XPOWXVTW]HGMKPW[UNMLKUYTOBBKT[\UPXTORXTMTZWLU[WSLGNHCEDPXVNEJNMLJKSVT^`^r…ŒŒˆ‚s`\[Y]XWZRWPSTV^XQMQZXPOJHLPSV_da\PIET[ZO9KSQZ[QMVRQXX`ed`YXRHSVYY[YUYYLBFDMPOX\UNJSWSTVY\Y[SLXX[[WQTTRX]aUAHJFMPNHMPZce[Y`YMPWRPMS\][X[[RLVYWabZV]`ZXSYklaOVZVRPQZVX_]TSYU\bYGBLV^dcdhq{yiZUUWYV]dc[\WSWZUTMJT\SGMN\[^b\RXYVVQLJR_r€ƒxhb`]S]v‡‡~hXa`VGVa]VQSTTRUTV[_XTUPMB>DKPTOGU[UQPYXMEHCS\RHT[STUNOMRRPWTNMPPPGJOW[QJFJJKUYWKJUXXTSX[VIFLRIFSOEUTHJPRUOPZ[ZNFKLENRRTLHLHDJGEOSOJFIY[WVQENOSPONKFMLF@GONLQX[^UPW^dd^YWT\fmiebcqzƒ‰ˆya]`WUSRQZ^\\ZUUU\_[RRRWWOKURRZa_[WNPS\jnbVQOVZYVUUNPIIMLLTUOMQTVVWU]_TR]^UMTOKNSUNNZYMGHCFPTSIJPQRJJROKSPPRLMNLRROSRNY]XT]_dbYY_VPTVOMNXVOW\\YUGKUYYXYYZMOVacYNGORKSWRXba[_b[QSRV_fihfcde^UY^]ZZYRPJOWXURQNIR\^VWTPPQTMFKOQNV]a\XZWXYSKPRPNMA>MPCDJMV\VOORSVXWPMKOTS\ZTKPZ^^\_f_JJWUTTPKHRUW_aa^XKIDFPLHGA@H\__^SLPTU^]OB@P[XOH::LTULKPNOQRPF>GQQJLUZTIGFLOW^YPMSWVSTOGT\ZXZZ`bWDJU[a[TYZOKJNVTSTVZYJGNMLO\ZNOTSTU^\UQOLT]]]VRW[WW[WMMJPTQLSUXQPGGVXWVPKTYUWVSNHMY^^W[`[[bege^TLNT[^YY\]\YVYUTMSUU[\][`fXFMVXS[_VOST[ZSPNUVQPRLGQWX[__TFMURKOXWXWTJFICLQVXXQKCJPONJGDEO^`YSVPKRURRSW\WSQVVWYXPMPTYWTPJFGPNGKRSXZYYhy€‚„k]YRMOUTPS[TX]a_YSNMVXSHJTWURYa_VQQLNHNUOR_`ZVRRXRFMQX]^^[Z[\^][]XPLX\VMIDEEEMSMKR\]SNNRTR`f^VVSXXQJKDP]b]KENTRJOMGNSW[^\cdUGPSMPTQMTY]\[VSR[_YKKSZ_a\Ubmh`_^\[[PNSYZUNUUJM[^ZQVZWYcd\_cedc]\Ya\W\\`d_X_eYQROIRUP]ZWSV[ZSUWVVUTZYY`u€}phg_JRi~‹Œ„iU`WMKOPG?ISXXWTMU\YPSSKADKLNMLONRQFFKPODCAEMNHMWXTTQQRNUTOHLNJQSMKHNUQIENZWOQOEFWWKCHNYZTMQYZQRVRSYXRMTQMQVQPOOKND@LRPMNMMMRSMFGCFAHV`]UMHNLV\SDMTUNBABJVXTRVYLERWY[YWUV]Ydqmbar~…†ˆq][YUWZZWUVVUNIKSUTWZWUUPCMWYW\[VTNEILXce_YTRNLKMNLMJQTWRFJMRZTPPSPV\ZLIWZIDOHIQNCIWXQLNIMSQTWUWRQNPPRLPRVUG@JMSTSKAERPRQS]bfa\_ZQTUSVWUUQUSKORKLTVVXYNGRXUZa`]UVYZSQSTT[`bYZZUQLFQZfkj``\[]`a[VTSNOQPPOVVWSKKMX`d^QV\TOPJKUUHQ[^YWOJX[TMNRQSPNMNKMMCK[]RNIGX\\QHMSWWXWUNJTXVVVROFV`_NJOVPOQVbd[WWVOKLRVN@?HOVR[_\WUQOW\VPJOXWL?GACFIMMONOOQVSNIIJLGPUNFC;HSVWNSRRV[ZXRCGSW[ZTX_`XKRVWQQZ]UEBHQPIITVPHKRZXRU[VUQPUX[]YOMQZZWQOPVTSW^a^TRXPLNTWWXVV^\[WQJELTWXSRKGPROOMURMQTRSLCAIMLPTY[[Y\ZZZVOJRPSXYY_hcSPW\XUVRFNVXVQQTZ_]YTJIU__UUXVQJJKMZ`]]YNRSVSOXZVUWOGHOFDSZYROZbaZUVPQSTYSGMRTOKQRVY[UVZ[[TCEMTYSSOIKUV^bahx„ƒw^[\TVTH7CTTTVVUPSVRPVWTO]g`PV_dYRVTPNOPNPVXURQQ[UORSXWTY\UQ\bfe\TNJPSQPKEGNLMIDGNUZTHMTVMGY`\OEEIQVVPU`YUKEKRXUQLEHGLTXYYXUPIKFSYSIRWVOSX__[\YUW]_\_hlkigdbbbZ`_USX__ZV[YRUY[ZQ[ceikc\djlj_VNQ\WYdhgbNFT[RSWOSURQW_\VYZPLQQNHJ]dcbjw‚yqk]NTkƒ“•†^SVHOPQOKMQLSW`_WOJQSZUB9DKLKLIJLLLOHNVSMLKIEHOTPFLQTRHKRSQTQHMYOMOKKKLHIQTOMSPJN[XTUSGS\\XY[ZROQSOQUWYXPPSRNJKTXQJJA:=JKNMJEGFLOGAJXab]PHOTSVTOMWYVQPOHINROQXSNWWX\_b^ZVT_rqfackw|~yzzn^UOZa`WPUXVQOMB?MVWUPOKJP\]XZ\UC@GHJT^a_XPIV\\VLJEHCJO@FINPRNIMRRVUHFTXPJIFJGGQVX[[ZOACPVRSXWPLOJKMIKGT[IBONMTUVOGQZSSKJTZZY[WTUURRSQRTWXNPTSRSV[\_ZI=Scfc[SSS[YWOEHDPVXVU`bYSSVVV[YWccUOIMOPQKMWWOKMRQRPMTYXZ[YRUURJNOKRX\VY^[\ZNMRLMLSWQLPNORXXQHIUMHRJLV]ZIFDLX^]XOGMKEIPKQVX\\VK=>ISUPX]WMLNVWWTUUSSUPMITZTRKGJOMOTSQUWKCHJHLNTROQTWQMMRUUILOMQLIFLQPSVV\][[ad_NMSUZeg^RR[[VW\\XBKPKIEGLPOLV`YIMW[\[`c`_YENVWX[QHLRVVQTNJUUPS_cYV[[SJMNTROUZQJOU]_VSWXTQPPSSTRQUWOKTZZ^\PGJLNV[SKLW\\XSKGOWORUX[eeYKMTSUURQLPUPIMMW`de[QWYUWWUOJNPLLR^a]X]ZTQKGP\fgZOPNNRQR]a]^UNX^[Z^b_TORWSPMIPMPJKPQNMRPOSSMFGY\\ZOFPQU]egp‚ˆ‰q`XX\^YPIRWQSUPLNRRTTXUO\f`UQ[_U@MTUOFJSU^_TOTY`_PQUXVQVXVYZY\]UUXTURRSFINJROMPQUTVTNNRSNKQVY\[VLUWZaca[IHJMQU]YPIIMY[TQWY[\[YWTPJB@Q[\]VT]^[PScfa]^cnpga_gni\VY\aab`RKUYVX[QELJOXcg`]ejih]XXYYVP\cdb`XTIHRXNQXZ[XX`d^URMSYUKT]b^U\ads…‡re_]al†“’c]XVQT[SJRRHNVZ[ZQVVRNIFJJMPIKPNJMWYVPOJMQSQOGLMKOWYKEGLQQRUMIROGMSVOLRPAIDMPRO_hdSW\ZUO]loiUKHEEKIEIOVXWQV^`VEQXTUQNRSZYJNL=?IS`gke^ZUTSOORQSTRNFCMPMV]WQIGWYOKV\YVRKPTQSLFGFKJNLRVXaf`SICHNX[XPKEEJS^]XNE?KTSWWWXLIOQPM>HWXOFKEJRTTTW[^\WVRLVVRPRPGMPSKLQMRTSQSY[[ZV[[MKNJOVWSWZ\[YTRZ_UKHIQSSTRMPPY\TILVVTX[\WPHFOURX[WORTSQRRILZZUPSXVVXWQD:=HNKNNOTVX[XRJPSTTVWVQOMR[YTTQV_fcYQOQYYPJDHTUTNHFLZaUNOUagcYVXUWSNIMR]]UP@FWcgaZXXNJR[]XMPQJOUW[YVYYYTLMV_c_YY^ZNHWcc\]\MFVSQ]aa[WTOSQNSVYTRLLRSOMOUYZ\bc^WZ_[JCIT_b`\v…Š‡€sg^WTVVSILV[\\YWTQVa^YUSTZbeaVXUMOT\^XOPMZ_\XJITVMBCQONWXV[]TSTP_g_TNSXXYYTRQOZ^YPPLV[]`YQNQWZ`bRK[MRbge[PIGOTXVUUQOU^`SUWPR[[UQMOL?FV`aXRT\^YIW[XQSVche_[ckjc`ZY]abaUMWZVRZZQY[WXRIBGSXYgql_`dfg_\`cghfZTSUTSRSVSRY\YPOZXYWY^c\S[fhf|‰ˆxnk`dho‰•Žudgjh[YWKOPJEKXbcYUZXSNIIQOIHV[VPONZYROEACLUVPFMOFIVSHIMVP>KRL@FFKWZWUWVNINFFMFEDEIMLKMLPNAKQPVXVVNKROKGKQQQZZVUTVNOWUQVTPS[YNCLJPUQRPMEFMKLSURI>GKMMNVSMMSOHMJFNYbaWVXRSY_imihnqrv}Š’}YTX[_UW][SZ`_[XYUIKPVafb\ZZ`eaVOLPRUTW\\WOPPLBJUXXVSPPOLQTYYUROMPKHMMP[^RNXWNLQMNOKKNRQUNSTRY[[SQSSWYYYQRPOJMKIUVSNOKHSOXca\YNMTUZ^XQMNX\cfbYVPU\X^hjiedZVPLX`aS@KVUJMVUZik]W\ZRQZioh[NMSWQKQXQCM\]X\]_WGFHFLOUSOUWGJFCIR[akmf[TTZWNORURTYWLGMP^d`UKIQNIIJTWSMRQRPJ@=2>SZYNFKHRccYUPLPUW^caUOQKPZZYOCCKN[]VSLFLMSWPJORTWOGILS[\_bd_ZQOKUVOQWSEHRTOJRQMELWXZ]]XKLPNSQKOO@6OUROONLU^XPLHNNCKSQQPJKUSJKNNVWVSPORIEKNMNFJUVX^LRKIOYVVW^`XWUSLHILRUVSLMQOOQTOFRVRNQPLLQZ\WQRQOJX`YROO]aYPMMNJV^WQJ_nmbRJOUTU[]Y[[VRNUYXTPRVRVYYY`aZUYPXZTX][ZUNOQONPXZZVMVZTSST[VHCSXRSWPJNVX^b_`c^UQQOQWWSTYTLGFJRVYTO^daZSTPMOOKRZ_\cx‚ƒ„€o^WLPUUUSSS`^WWW[a^Z^YRT]fg`VUWVPXcf`XOPUSTLFLPM>6HURJKJOTTY^TVba[QP]_ZVWULKX`ZHJMNRTUTSSOVYW]WKQTQQX[RPMJNVZXWVRPT_if_a]MZ\PNUWUSPOZa]\\Y]][VY`^XW_fgea^eec\NTVOOZWNMT\\\]]^_V\[TRPPVZj{€ua^[gg]YW]fg\UK?LPLOOPOKKRNNXT[^VRSXVahbV_v{k\Z[fbk‚‡ƒxgfkeVSQLHGJBOZ^Z_caWNQQUWNHKTQKNMFJHOMNGERXZTLOMKUSTMAMP;GQQVTI=EPIFLTOHFA:DKMTPFJEIGGPOIKHIPWVWXLNPMHGJTSSSVZUQQOPUMINPSUYTEMNNRRRVXTLSWRIHKAAIKJMMT\]^UHFGHFDGOTWSQSWZVSjghknqnnvŒ—‘„p\ROKPUVMLYcec_XJIRPZebSVUMHVYUGBSXXWX[RUURONNQSWMPPJPPEKU^^[[WWRJN[VTYSKSYYMHOOHDCLRS\]WWYXQNSSN;O[\__^UEFHKMWSPMOSQMIDMUX\VQ\__^WSNEMVY`fc]QJSRT\^\_]OZccVT`_TW`^YPVSU_elja_\SW\jrkZOUZQ=P``YONNPVSOJ?BPROJKORUWWLMSRUYQYileWQJOPPTPJLOVRMPT[ZWRMRVRJQNUYTMSVWWOB=EPSRSMJJMBKSXZWPQSOOZb]XUHRafebYMPPTPGPNKLOILSSPW[YUOKCCR\^^^VLPF;KNPSRKCKWVTUPKKIGT^XU[YPIIABFGJNHDIVPFLUXY[VTRRUQFHRSSTIFX_ZND9PZ`a\VOJGR[XJBIMQVSXUOJOQNTTTY[XX[ZZVSY^YWUOQMOXZUQMQZXVQJ@FR]\M?CJSVJGRUVRW\\TNPIKW_YMRXad_ZSVWRXYV\a_SDINQKNSQPSWZ]]]]\WUUUYZ_^\aZUHPYVTPQWWQYaYTWXVNGNNRRUSNRNQ[db\^_\VTWUWTUMHNNIOTLJSYQLX\YSLGDCGFGSSU_^at{‚‚xeTZZ[][XY[S\aaVQTWSOSUPRZ[VX]\T[d`\Z\^\XTPKJKNRG6NYQLRUSVZZTOS`aVR^ebXSZ[ZWXOJSY^_^TLMLCGMHJWWRIRUSTSV^]RYXSPMOLPU`_Y]aWW^XOTZVTNJTXUTYVOPYX[_]SNRVU\`[die^V]bZNSUZYTV^ad^\YQRWXY[]``_ixwhYXYZTPPZdklh^MIPGGIORX[WRRZ[YUHLQRUZ]c_YjƒŒƒqaZWYZl|ˆ‹€stgXQTOHOWVX\YZ`die\SRRZZTMHJJMRNGGOSPKJF@ORSSLNQNSOFELLMMFHQKGJGGLIMKPPOJNROUUPNLKC=IKCLQVWSPSTPNR[UIBLVLLUSKNTOPPT[\[\[UQPTPJHJAKNLHHMILJIOTROKLPRQRYXPUXMGHPPMVZ[WOVUOP`eooi^dh|”ƒjURNNTXVSV\`\YWLIQTRTZX\WNMV\ZPEOTYWWXSY_`\PRRX`ZIEKTWJMRR[`_VOIAHSMHMPRY]]QDPOFG@COOQTVTW\VJIJPRHLSPNTXIDLOV\_UIGLLGIPOJMQPHHV\XJMQMRTXY][NKDAHHMPKHPPNN\hjbdhc[][VSTWYZjyzphdWMT]muobZWSMKP\a[OPOSQLQSLJNRQDGJLMNPQMONOIJ[jib[NNTUSNOXWSS[_^_^VSVTNPTPROOORRTX\YUKJNQUTPLGQRPPVXUQKWZRKNUWYMNUWXZ\]WQSNNTPGNUUNSSOPTTQSTHDJVZSKQVUI=GMNMKOTUSQHJNLFIFN`d]\`XBEJLOQQOHALSPPT]eieXNIDPSOS[VKRVJMX[WRF;DQ[``ZONNSWRLQUTURSVOTWPTVOLTQX[YZ]\XXYYVSYYPX]WLKQUYUKERW\^[QRWVOQUV[b]TDOXZ\TIMWYSGLY^b[IUTOOT\XUY[WWZWTZ_^WW^`]VWa`WXWUOQW_ZGNXWWMX`[XUONSW_]\WZVRHPUNQYUBJNPSWVW\`\Z[^`[WRRQNMNPXTLLQQQW\]]VPRPKJPVYW\_Zlz||zl`^XWWLMWVYahdVSUQHLKHMY[ZZYXTZfjaWWTYY\\\SMLPL@EKORSTPY`ZMJQ^_R@ETYREKSZ\]WNRWY\``YRJ:DNQNOVQOXZVUTV^d]SLMVOEMNNPWQSVTV]ZZW[^ZTOUZNLQPJP[[SZYUSRQSZ[W`b\VR`hd^THNVY\_^dbZURSYYY]^\[\cihaYVPLSWMITepo_WMIFBEMTRY]VN]^][XZWWZW\^]]_pz~xqhd_addw€ƒ|vodZZ^PFMIKJKZc^VZ_\QLKLSRLKGJKGDDJSPHIFHYa`^VSQOQRLLSPOONCGQRQLHJLNFIX`ZORQNRHGRVRPLSWOIZZONSXXVQSXUU\_XKTQFOWPFJPSROPSSNSSIRSMJNFFGNTTRSQNQQQORPTQLILGMSSQIQPPVZ``XQQLKQcmld^hnltˆ‘‹wcd`RMTLIOX\_ZSIFIRVKK^gc]`bb^WPPQSUTWX`de^SNRXdcRHKSZVHADO\`b`WLIJGPYXV\^[SORNLKGJROMJDDPXYVRMS^\TQJGMYZSSW^_]UIDDG@KXWVWXYZZXRJKRQVXVPOMMHGHFLMW[ZXWVLNGTchhfa_^^XTROSTYornlnk^RQWabdc]ZTLKPVOKMSQQNPQOLQY[UHKTUX]\STWP@;UdffgaSOSURV[XQO\^cd^ON\bVIJLPI>IOFCNSRSSTTUVX]YQOW[^\TQOMMKPRRTPOWSY`WGHLQONSTWXOHLRUVWRSURPIITOHRPLLM[]VPQVSHB@Dfjjfbmjby‹Œhec\SUQLNWNLOLR_a]TNLW`[Ychf_XVUVTWRUTX_XSQOR]daWPMMQPQILW[[Y^_TJSRSX\\`b[UXUIBHPMJRUTO;KJHEVZ[^]SLFJMFMSVTYZVOHDINEDPQRSXWY[\TP[aYMOPMHKTY[XOLMW[[\\\WVJOU_b]\]ZWSTOLNQTNU_ajqhYPWZ[^ZUX\[XOIIKPQOJKRUONBKILHHPVXUTRRWVRNVbmtrfSMORRUWQKPNR[^XKJOXZOPSRKIMFJUTNTabZRRPPKOPFDLMEMYVLYaO>IMOWXMGE;FFLRWRHOXRAFMRRRQSTONP[jh\PFDGOFRXVURRNBLNXab`]TGALY[XWI>JRPTXVOV^VVWWX\d]INVUQUUQTJOU_YUafd\WY_^^``_\[ZTQUXWUSPMLUTNTSOROGMLHNLOOPJHNQNOPJ@>MWVJKWYULOWVPRVTSQUYNBEMQPQUW[^YMGVZdio|ˆ‘‚i][STYZVPRTbb\\\X^VXehd\[^aZXY]d^TQVSU[[RN[ZNIRSBHQPKU[THINTXVVUTONTSILT\`]QR\UMNR[]TQVLMMFPOLRSRZc[QRPUXOFNQOJKSPLYc[OZ\YONPOIBJSYWV[[[deXOQacWGLSV^]bhcd`P[c^]TKKL@LX\\VSXWHMVZfgfdb\VXZ]UNR[``mwqgbb_Y^[GCMSPNHGRVRU\a^VPVZRLN]dmxƒ€rg^_`iy€€€vmegf]OMLGKNUPUTXXTVSOORNFFMPMPWWXXTLNXUTUQ]_[PQSFLVUUXSQQRWWYRNUUMDNQNJDKTQNNOMGGINOIFNWQKORTRNNKJJKPRRPSUZYMKPNIGMRRPKDMOLWTJHOUOLMKNTYUMQWVRRRNIIOKQPOOOJKKVZVQRXQHRNEP`hhjqjfmƒŠ{ngbb\WQMWSIBCQWdhbTLLRPPXbefa[\[SPSUWVRUMFKRT^[Z[VRSVW\ccca[PPXYTSQQTW[]USYZQLNPKHONOPEPXRHINVZWQRRQSRSRRUSPIEIORJBDFKKKU^]ZWRMSZ\WNNSKHOX`^ZRV[URXUUXQZV[ih]UWRWYRQTRVZX[\_gg`\Y^]\XO[cggYOOHESXUQPRVXTKHMIGIOTZWVQFKNYYQ`psiXQPORW^\UOKNY[TMHBHRQQONPNINKOTXXW\b\TIMPONQSTNQORSXgnh]XTPNOVMGKGKNHALVUPJ8A@;FKJSYVWZOQ\[RSUY\^[NGUZZXPIF[bYIJKHLNRTOFKOGJSV[UCHJMRTPIHJGGJQbg_QQTUSRRQOTWMBGIRV[YTWVKHMSQSVYVMFLSPXdgb[QKPDGPPJPQJSVKKNJUWRMOPU]ZYXHKSPJB?RSQV[\WX[QJX\X]ca^RKNLXYXYWMOY]XSYZ_c[NPX]emk[RXUNSYTNNSZ`\PU__[VUX[WXZXPPQNJLT[XRUXUTUZ]a[SMFJOGKQW[PCGJPOHKMUXNNXSGL\\RORSPSVTSOX]YJKS[[SNVXUROJNT\jmir‚‹Œpd\IR\ZXVTTJQU_cZbc]X[XOHO]a]\]dh^GPQPTROJUWSSOSNGLURQ\ZPRLQbfbb]VTUSKHMQY[OOURGNRW\\\b^LOQPMIVVOT\YTUU]_YRO\`YNNNILYUSXRRNLHDEJY\XXPSTVcf]RT^c`OM[Z\TS[_\^YN[]abXUYRQZ`aZOMSZX[X]\V^a\UWUVSUZ[WZ\begiid[MRPLFLRWSGLHQYXX[XSHALJS]``l}~sb`gcet|wy{simjZVSKKUZY[\ZOMYXPGJNFEIHKQQHHKKNNOMEOY_]RNNMMKPRROIXUTUXUYUKMLGNW\SAOVPLNVWNHVPFDEP\\MPRPPKDMQQPTQFHPTTNQUSNKJHNQSTCCIOVRHNPTSJNIDLRUPHNUSMOMJKMPHHHKJKIHKRUN[cXHRac]T`douochtˆŒ„q^^b^WST[ZZYOLU]b`TXWSW[a`bd^XY^ZKNUX]^ZRNNRU]ZUURNQJO]jj_XQMGHPRTXXSR[_XNJSVWZ^YIHPSSKNRMNRRQPUONTWPFOPRSQLOMMU_\UOGMRLNW^WNPTOLQTQW[TVQHQSVV[]SIOUWWTN]W]c`Y[ZPOPV^[[^_^`cddd_VWZPNTOW`^\PKOSSWZXWPLLLKEKWXNFMPVVPGIFNTPSgrsdUMKQX[]WG4;KTVQKLLLOPLMOTNTUORVXSPRZWTTWTQSWTIRYUUUajg_RPTUPSVSQKKOLJNTVPNF>JRRQJHEAOVKEPNKMRX\VTYURQRJHMFFONISUMCGGMWTUUQDCMVWPPMHFGE@AHKMEHZ`^\TPRGBCR[_]TUSPMS[^VJMQWQJHJJSSRLIMTT[_]XOA@HPTZ\YN7@MOLMJMTXVWZ]\[^^SJMTVJGZdaa]RNUXQRbdYY_[XW_^QNRKIQTVW[ZNT_fhaTNMR[ehaWSSNRXXNTOUXXQUWVZXVXWU[^XRUQNPRPZ^VMTVVZWPPTSRVUPPNNTYXNQWSOEGFGVSUUSOFP_[RDFKIPSSYYOFOTSS\\KEIPZZXQ[_^hmu‰‰ƒ}obUORNPUXWZPQZ]XYZSNJKOKOajf]V`ee^\SZb]QGKSTVUWWSPQST]d[XYSZb]VNOUSSLEJKOOMQNTUZWROZ[_\QPSVRMMWWVUWQMOZ[PNU\^YKDIKR[YVUPU]`_USTNTZUNPSU]bgj`RKX^[[X_^PGV_b`XYacb^Y\c`[YZZUOWbe\TUTXUQPPPLKNP[c`\ZQS[b`a]VTJQVSWYXUPNLEJZ^XUSJNMPS_^\q}hYilco}z}|echd^XTSRLTXUYWNQYXTNEFCHJFNLINKADHNSSSVYTPVXUGKPH[ZLDRTPJEGUYRMOS^c[TVUCKPLTTIVVH?=FTVKTUJJD?ELQQSOHKNTYXUTTIALRUQS[UACJQUYWO>@DNMHDKUVF@PSSQNIKHC@AVXL=FMSVQPQWPPWbhdVLZeqrk_hvƒ‚ydT_b_^WW\`^ULQ^hle[^^YOQVYWTOZ^]ZTPTZXRVURRT\ZNQSQUQP]efaWTQIPXURTTQPOY[WIEKPQP[[SDEPPPSKS`]TMW_YTY[XXSSW]YJHLT[YUYQPURSPVUIGPQMILQTXWWWRQX]\_e`VONPJES]\dcWQUWPIJV]YY]^^Y^a^bc\X]ZT\VLX]\RRSX[YUUQNKILTUMRXXUYZOMLHIDDDMRU`ieVSQUWQPPKEDGJHTUKGJPSMKX[VZ^]]TDDGCCUYWUUTVZ[H?W\\XRSSUNDFPVWTOQSSTRPPPQRSWUONNOLFH@KWP@IEKSPQXSQ[ZSH@BEGC=EPOOSTNPIIV\WRLEFMNPSWWSNHMO@COJE=JOX`]RUVTQRY]TMLQOTTZ[XSKO[[OMWW^Z[_]XOORMOTQLDCHNTYVPORTUPHLMQ\a^\]Y]c_VX]]UQUWZ\flf[TVY[][RRROMUabZQUQJT_^fWOMSY[^_VTX[XSMOW\QRWUSUVWTU]ZKRXSVWQMPNY_ZOSTRSZYVWUQLKRXSOPLSXVRKKJINJCR\WLJRXUUVXWTCFQSSRSQRRBMZYUP[\^dgs{ƒ„}l[USRT[QPVSK?OUXTORONRTepm\OXZ]joaP_`YRNTWWXYWVTWYZUUQIPPUUPQLBFIPSOQQQQJPVQNVOEMWZVXVRTZXTSTXYXWQM^b\TTQ[\RPK?JUXVTTOLKY\YWPJDT^Z^[\\WV`eaQQdh`T[^VLLU_b^W\ddXSMU`_ZY[\ST]bb^UU`b[UWVVSYb\X]cbYLRX_`_ab\VQJDOZ^ZRPNBKURVZXWSQWZ_[dv}xicjYWn}†tolh]SZWRRRHJKJRZSNXYQI?EGDKJQXKFNKFBFT[VYWQRY\YKQMHDSVMKKOLGJRWUMJP[\SS\^SHMEKSMMQGJMPRG;P[\UPQRNILGEFLOV[YSPUTSRKHNRZTNQWM?KTVK=DOMNKGPRHBDKLMJHIIHRRT`^NFLPTUSPLILW[^][W[clv}zmmw€~ug\dc[__``]ZYQ[p}|p^TRMHBKVVPWWX\[VNMVUVWOLU\_ZUUSOQUVXZ\ZXWRR\]YXSJJJLQXYYXURMKUXRPQSX[VZee`Z\cb_]]\XTNNVZURLJQVVVOPPTSLV\WRTVUPKHMSNLUZ]_]WX`fbYNNOLNX]^ci^MJQWXUUMIU\b^[\XODPZVNW[XRH[hgYXYY[]XPMRQRPTP?LUVNIMOGGQURNAGQVbhh\PRUVPQTRHHKHAHPOORPHQUROR[URQNFFJNLX^VNDKMKNNGPTWVSLFRRQMDT\XPPPQRLPVYTVHITWRKLNPURGFIHLRX^YTRJLVUONNJKHGNQOSYWROOKDFNLJLIINRSX[RNTPNZVGED?EJKQXQFNR\_^XLKCCKTYZXUQOPSY\XNHNVDBFJHJTUPKMHDQ]\VUVSIFSUTJMPOQNNTSRQOGOPQQONLLPTUQSQU[YTVUOOS[]WW[_\TKORSX^ZNMRSR[aYS[]Q`^VNYZLGYZQUPFMTVXRMWa^X^[Z_eidVY_][`_SPNEIPWYXVQTPQNORTTRMOMX^QMSRWURORPMWXIOZUUURUQKOTURQYVRZ_YVZ\THQZZJKV`dflu„ƒ}kVYXPSWVQPSVTUZZVOSPQKSWb^UYTVZ^ed]UUOJRRQUVUOQTXZ^\OJV[ROQIIJTQMXZYZ[UGMKJROXYRNLSMU\]UUUJEJJSV[TRbjd[URY^WOIBEO[\QMVTHEHADEORTV[`bbgeZQQWTLYb\PT\`_XV[[SHJ[ee_[RSTTSRRSV^hmgXO[fd`^XU_bhdURPT^\WTPVXZ_fgaUE?GNSQMMSRKQUNSTV_\XWMGFGGGHRX[[^XX[TPSZTNQONX^df^\agb[WZVRLNRNLPMUXOURRVVYW_b[V[[WQX\UT^`bee[Y[SJSWUNIPNPTSWVY`a^_a]WQZ``YMJHMGFNVMPNNQRPLLQTRS]egf\qƒ‚vb^]Odw{oenm``kpoiXUVIGJJQ[_YNOTTKACDHJENTSUUTTPNSSUYXQUXSOIEHGGTYYYUUVRG>GMPRLGOURROPOIDDJMPSQMFANZYTMRQLLJDBEILGFNUVVPSVQGFHPOHIIFGTTKGEJNRUUSMJIGMUWSUI>:BHV_]QHJSOJMLUSILVRKQXUQ[kXcuzrn€†ncfe_\XUYWNNTNRUYZVTTWVSOOJKNU^_\YWRTUSPTXTNRORZ\ZZZ_geVJQSMKBH\f`UPRUZ\WVRPRQXWRQRSQTWXYWOKYZXXSGHNPTVXaaXTVTPW\UMRXRPIDLOPPNTUSSUKNYb^EBQXQU[ecTPHAABFU]_UQPIX_^[a_ZUUVKVb`^_^VV^dbZQXXWW_cTKQG@MY\VLNRKDP]\SQLLQROWUUUOTUUOMYZSDKQSNMSWRGLLEIQS\`]WY[]\TMPYZWVTRNIGIMNLLMOOXYZVROPGFMMJPIP\\WRPPNLJMTSMIQSRTOLOHFPWXRJKQTRSVSKONOQTP=DOLFHA@EPYXUOHJQLIRRTUX_^SJMEGHCGLUSVWPHGFYd^PM@=JMPTUOJKOWYZUOVUOMPKMQQRQPKQMMKJMPSW[^\WTYVTUUPRSUahf\WWX__ZRQQSY\ZSPMGBS\YPHIXbd[PTSFFJJNPMJQRKGGKKQZ]\UOTWYX]ecZTTNQYZURQX_da[ZWTQPSTTQPX[XUVY]^XSXTEKPORURLPVZZZ\ZTYUVRKS][XZ_aa^ZSMVY[\a^TPKHMOLHLPVWRNRMIWabZNHFLX_aVe“’†yh^]SMMWX\]]WYOJLNMUX``RNPSVZX^``ehc\RNSTPIQZ[^][YZc^OKX^ZUOBGVQUYPHKPPSRNNVWXXVPDLRSSTUYURLJQPPQRV`a\M?GJORNNW^_\WOQTLILTWZQNHRbcYVbmqi^ZXUNLSQKRTSXWQLP\YPJZgj_RPQSZdc]ZZY\`XRRRPX\]WPRLMSRRKLU_]UUTNT[_c^[_YPQVTXZTJJLRLA@HPTYfij_]r~~p_QPnzzpab][envuhSSNIHCHR`f`VUUPHHLOSPUVRUXVXTQMKHKLSSPNNB@EGIS\]YPSY[TJBJMUTRSMLNLKIBDGMSSUSNMIHQ[ZRMUX[YQORMKBDHRXTSSVSJOGFQRMPROHEIQRMTVUSROIPPKMSLIHECFGSZXUPKKLFCGU`ZPPNPSMJJN[hiz}yppv|xoa[]a]`YNFGPOS\b_\TSTRONMMOSUUTOPOMSWUMKPZ\]XRTQV_\YY[UQRWNLJNW\^[ZUVYXSRRPZ[UX[TMOSSYSS[ZTW[XTTPHLS]`_ZYWVYXW[VPPTYXWZVWZ\[XUOQUWWMM[bVCM[[UXYWUWVNG@?GX\SRX[[`a]^[W^`ZUOQUWZYRT^a_YNIPNPV_\QKCHMT_[SMUNKRVVQLHMNOLOXUSQP[[\VNTQKBFQOGQTSLPOOPRRLNIMPVWTUPSXX^`ZVPHILKHLLLONPRRXQBJLABIHNMQY``][TSMHOSTQLKF@FMSTTOSTTN@DBF]aYUXVUONZc^QLGHLRRUUSVSIEFJOHTTJSYY]XTTKPY][RPSRXYTNKS[\TTRNIPSNNTODIUWXWSIGSWUPPTYWQJLLPSQLV[RPRNLX^^]b_]WVW[UT]\UOROJNPRVZUXWXY^XIMXdf\G=GS^^\^XRJVZRKNNYYRJMJJRXYYZ[\YSRW^b`XSUW]]VPOT]a`_\XWW`aTUXYUTSPMRT\b`XUPKQVXXWNRXUVTTXYXZYTNJUXMN[d`VQOLTZVT\dZQKDIKJMQQQXYZSTTVQMPTXUVW^ejgh‚ŽŠ~pg`]X[^\Z\^ZANV[[`\QUVWSTYVVZ]cgdd]UIRX[]cbZUXTOX\UKRXUPIKHJEHVVOGOUWYXLIV[UQVWWWZXVUTXVYTHMNQW\_a^RUTYYTQMNRTRSSOQTOQOS[XXUOU[OITdpi[YN?:EKLMO]`\aa^QU[XYV`suncWSTTYODLMWXPPNVbc_^XMKRUQNUUJQU[YV[YW[XX[]ddZV\WLPMGQZWURLADRUZ_YUQ_m…€sbTZkosmhb[^dlopng^ZTSRT]aYLHPH@HINTXRRWTPRW[WNBB>>HSNOQQWUHHSZXUVZZZXTKLUZXY\VECKOG;DHFNQRLNTVRX^a[PMMOX\YZYVLAFKPSVTOJ@A?8AHKSUSNKORQSONKNPPPROIKMIFAIMPY]XTVTRPLGDIMUWKHPQURPXXZ]dquvusnv~{s`W`^a\ODHUWUYaa^ZURHHNJTZXSSRKHONOTYWOPTZ`]TUSVab[TQSZWSQPPNPOTUYWPQLLT]Ycf[PQMQVTUVXQRVUUUUUW\\UKMWXY]XTTUSXVIMYYO[deca[UTRPOUWURKNWZTNV^[\ca\\\VHHSXTVVTYbdbZV]`V]`]SNQQVZ_ZOSZ]Z[LLOLOTZXNJVXMKNGMXXOKTYVLOMJEIELRHCDTdhe]XTF>JTWWSOKMOLQVVYWJEOPMUYVTWUSW^`_RDKMJRYWJJORUUYYOMOPH==EOWYTW\ZQJJIORREHNSMJQT\[WVVTOCIODQ^^]_ZLFKPSTXWMOTQX[SOW[TBJKEK\c]RPSWYXYQNV\_WIKPOWXUMJY\ZUTWUSXXOIQSJPacZTGFIKSVPSVPFCPVV\VOY]XSQIDN\`]Z^\\YRV]ZPEHMLONJNIPWVSSPLMONIO\aWGTYUU_df]XRR\_YIFT^]QMQLJQROUYZ[RGISW^a[RSQNPRFBR\[Y`_Z[bggaZUVQQSR[cd^ZZVTMIQX\ZOHUSPKFLTQTWRJBKRNKUbcSMRPU\WUUXVPIJUQLQ^^RRWWXZTTOKQTZ\\fheiqgn‚‹ŒƒtfehbWVXYWTX[MPNWccYX\X\YZ^_VU]b_^^QABS__bhcJMXUW^]UQQPQQUSNFFQVTPPQUSRPJM\]VXUWWVOD@8FMWZUTMOZ_XZ[]bZPWXQORTQINRPNSVXYSY^ZYZXRNOPYee\YVMMLMQWRWcaZ\ZTSXX[VGh||m[UZ]a^UPQZYLENKWa`_ZPHEMVTRRJFHLTRSVXVON[_`bc`^\SKNQSPXSTYWKQXQNL@O^bn{„ƒwe]fzƒunfca_egjnidge^URX_\N@>ANOGKVSASTGKX]SNKKONQVYQSVccVDO^XRPROMRROOOTYV[[REJMJGKOIFNUTPLOJLRUYWLMPVVUWUPSMEMQQSWYVROHFMPMNXYVTQNIOOJJKJLMNGCMLCEDHPKQ[ZTZSPMJJLMKMORV\^VYYY`^^hmeoxzvt€…ƒ{kafhf]WVURRX]^_`WOMGBDVcdXTRPOPOLFNSTPPMWWUY^]YVUVOQY]ULQQJEGMPPXZ][UV]]de[URSTVQPTUTKHLQRMQUVXYZWVWQORUZVRONQMMVVY\XTWVNPTUTY\]VHDBGRQT\^WU^a]ZZUMOU\YSNLLW`dcb__\Z`e`XW__YafZZ^]giZTRLBCQUPU\[REFEKPQTQKJWUNMJHJGINRGL_caaa]PMSVQTWXWRKMKHMV\]YVNHOQNDJU\aZX`[G>DFJOPLNYZVXUTMDGNUWJ9D\aZSUVLIOLPUUUTWZVMFJRZ^WOJKHHOPLV\]\ZMDGMQKSVNLNPOOMQZXOLMMCDS`d]UXRQSRRQOQVUSRVRTWUPNWb^TIQORUQNLPZZRUTYTIDFFNRPMQRQNU\WUZNGLLQQJJO_b_TJMSUSPLKMPTUXYWSMFKSNRSTNIKNNQTUWSX`\SO_idSNRVZ\XSJKKQIQQOOUYWSX`ca[QPS_d`][UIHJJEHOW``VU]^dda][NMJMUfkeXTRMMMQUWWTKJOTWWMOKOXYROUTVKMUVWVXOMV`_YPUUPTYYQMSVPFFGEOTQSRSOSZT[ha\ihamz…†€nghedab]YQNSLMO^efb[Y\dfba_]YXZ[^hfPMGGTOd]NGVRQ]b[SQPRX\WPLQUYXQQOOPLHGOWY]d`NPVTWXSJDPUUWSL[bYLRT]ZTV\\ZURSLMPOJGKSTQ\c_\ccYLQW\chha]ZSQQW[\X[b`WLMSXYXWSPhtnVM\aehdYQYYN7LMJOSWZOORJS\WVXMMXZY]\PDEKPW]fildWUURMKTUXQQWUJWWONNXbb`m|‚wf_hu~|s_ac[M^lneV\daXQ[__XI5DRGHEBC>KSPLPURMSTRLMTYXTT[\WIAW\RPSRPPMGAJNVUXUTNPSQNF?HFMTUTOIFMTK@QNMSURMQPFGNGGKPTPNSQPJEFHNNVVOPTTQPNICMKHLJJPVUK80@MMGHKLMRUXQJFKDEHE@FGIPNLJDHNHJIKNPNOTUOMSYXOKOONECGQNLWYOMQSTVVURUZY[\ZTQWYZXQMPMNTNCDKKFBEP^`XRIFFJNSWZXRMSUQOOKMSSMMPQMWYRIQWZVPNMQXSOVZYTUKKSQPSRIGLLKNHFQWZXNIGI_cVQXQKPXcbXY[TOQKNV[USV]^_^UQPYgql_ZYMENTUPW`aZYY[ejmi^TVWVVRZ^YTUPQPHIILSOMJOZ]SLRSVV[^XTUODLOXXRPWYVSOIFGKSTZRNNV_WKJNKNJOSPOKNSRUZS]ea]k…–”bXT[bcc[URVZZXbgc`WOQYhkc^\VTOXZefZM@ITQFNMNRRPX_\RSVSORVYUTRTSLIMQRNJGPWU\edTHTWTUZWPNX\WPMW`]UY^]WNMSX]]QQTVSTNMPTMRbi^U_c^OT^`^cjje_SOJNU`_TV_ZRSV[XTQOVetvn`^ca^_b]URMIVZXOLLVQTYUSUSWXVNT\[ZZSIDKQPXdhge[WX[WMSVVRRTTOSYTJQV^__`eoruoc\g{…‚kU[`XR`jidbd_YU]`XVRMLTRHJGFBAKTPQVTJEJKHPWX\a_PLTNHQWUURRURMINU]^ZINUNHKGGE=OUTTMKTYXSUTGDMOUUSMNTPQVVSNHLNJLKNPTRFKRTVQVYSJMOLHFHGKLKPTOHAEFIRQFEIMKQQOPOPQMMHLNJCEJOROELXfr„ƒ|ml€”‡weTURIHOX]a^UQVdh]QQTZ[TXWUUTYYUPRZ_VOLTSQQRORVZUSSPQTUTRMKNQMGS_]]ZRKMPY_WVWW^[RTUJDGKPURPIJMWYQKQNCGKHJNNNTRMHLSYZYZRFHORSLJNPPKNROHMNQSNNPSPQOQSTPROQQTUTQOTRW]\YWZ[QOURNSPJR\jspe[\UHVZTNUZXWORZa_ZOJLMGHNIIOPVTQONUVJPVXQMIKOONPNMJIGKVVZebUHLPPNTWOMZWSZ[VMKPTJCIRSRMNQPILROV``TJHLXULHHOOIIIIDIPVSGDE@GGGLIQTN@HJDPQOOQUNLNMPMQOLT[XVXWWSNPLCFNRRTTRSTOLKFMZ[XXTLPVUTV^d]RLMLPRTO;ERPOSTRY\TPSNEPKHMMQNIPUNLMHJQSQRTQLINOHLQTVOPVZ\[REGORRSY^UQXWMENK@@DDHJSPPQPHY^YUUVJPU[d]X[XVSQUYYTIQW\TOOIP\hqm\U\QKKOU]_]bbc`[eihjcUNW^]YX\[WQQUWSK?BR]WLY`]YQOSZ]\[]ZTQXZVWS[ccZTSWXXU\]VTOMUUIM[YTUYUHENMQZaebZSUMX„˜r^YFNRU_c[NORUa`XQU\beeTQPT\]XX][TX^`a^[YTGSZ__TRNNSQPTSNZW]_\ZZXRQ`]KJUTNTYZROXVRNMMMIOPQQGGPWVU[RW^TIJY^XQHSW\bb[[^]VLRZXW\ad^XXWSRYYUZZ[gcNT_a`[PUYW]]ZftvriWK\b]X\QOUNSYXTHGMUSYba^[][UVWVY^\VHIPPJIP]VT^aWLW\UJJRIQQPTVSQWYNMTdmf]kxvn_]xˆ‹„vc\^`_QT\PMRW[\\U^uyq`X^\UPQW[UQWX]ZVSLJQQJIRYVOMICIPRKLPWWOKCJQTOTSPRXWUXPJPTTNUZWPQUPIMQRNIOWZWRQRQPMLLOJEKNKPVRLEKHNURJJORPS]]N@QTKMWWRUX\UVZ\]XXQDLIIVTNHOOGMY]b^[luukVe}‰‡pZ_a`XRY\ZOKTUSPH\hf\SUUVVSSVVSIR\]YWMFGRMINNGDIFCLNJFLOTUSWOC>EPQLEBGMGGGGKQW[URMIFHQTNKQUSIITRNILTTQLFKKOJGDCIE?FUYMQWWOJPVSSTVUHFRTOGNWRLKPIP`ZFIONICHLQKKONFBFLFIGKTUTZdgkovoffn}„†€qk`]dmm`KCQYOPONVWT\`YSSW\VJKJPSWVTX[^a_a]SMJQTPPPMQXVVSNYabWLD:EW[Y^cd^VV[TSUOJOSPIJS\^YOLKHGONNONNT[SGLPVVXTOPSX]]TUX\_bb`__YRQRUQJOT\bc]UQSSSSNGOQMeWZWHLU^aYVTLJHS\\W_egea\[ad^XSNKNWZXQNHKIHUZ[YVROJW\`^UQSSKP]ZJUJDMPHPVSVQGCIPMCDLVZTKIHDDJSXX[_[SIJX^\QEEEIKLRTM>JSZ`__^^_^[OLIMTWSUVRKJKSMDBHOORRQVSOMIEBINSUVWWMPW^]TLTWUTHFRQOJDIFCGLPMJJLNX\TRSTVKJSULISYWPPWWMOROSURMS][NGKSMCNQKKIPNHE?BGOPJKQTUUT]fnrspdj{ŠŠqb[abgd^TJNPTXNMIGW_\NEFWXVYZ[ZWULOX[]`]VOZTQSKOTTMKJLPRTTVMEDKVWWY]^]YQQXRPWXMBHLMOTWWUMKOQIIQXVSOLPPJGRXWRLMVTOSZZWSHOYVTQW\VRPSRLQYZW[aZHISVTSMILLV[ZbWHS[ZTTVNJDKSRTXZ\[Z^^]ii[JMJHNTWUSPGJHQXYWXYTLOVX[[VNNKJOVUSOIGNINTQOURICKSLFRPPRTUSH:=GLJLPOFJOV^]YTTQQUPLX[MFNQXc`UU[^d^VXWY[ROTSLKNVYSGDSXSLRWKGIOSLJRYP@LTUTOY`_TMOSWUMNPHOOPRSLKQUTQFQa`VIGMMMODETVWPU^^_\VSZ`^]YSPSUVVSOTUKCB<:>DQUQOOOKUVSKENPQNMF5=LRSRQMNORYQHQPGIFGW_]QOMKLLJBEOY[WPKRVOVZ[]XVVU_\SEHJB@PWRTRIJM\e]Q[d\QdkdZ]__]\WYTPVPRY_VFGLMV^`c^RU^^WW^bed_SFFOY\[QV`b_ZTRSRNEJIZd^[\YVSPMJSQGJPTWTGBNKNP\b]X]]XRRPSTTOT]ZUVROMPQY^\WU\^UOkŠŒ‚qabWHQVWOKRcmd^YZ[VRPJRUWXZSSVPNSPW[_c][YNSVY[XQMELUPYUQQEEMOTLAR]]XUPLUXONTXXWMD=KUVRNKNOMW][\__UMIQX\^\YMMQOUWZZWXXXQSPKWa_^UKFT^c_\^ZPKNTY[bhh`Y[STSZmz|vf^^^[_ZNPZaaY[`aYVajeVSVUOOVRORRENXYUOQULEOZ`c]XX[WWS\fhb[HGD9BHP[aZNIN]hfds}|r`_|†uklibaa^eli]HHMPSb{r]WYUIMPPV_^TNHDIHCLMHPQPWVSHFRPV[ZQLSWUUWRQSZWVSQX`^WWXVHMSOWTNR[XSNRV^WMIIJOUOLICJJEGOQRTURSPLFMNTXUGNPNLX]ZURZZUUWQNRSRNORPOKLNCT^ZIBPSL@BDOUUUSIINOSQ[bmuunlm}Š‡xhdc\U[__XRMLMSWYSYdd`\OTVZ\`b\XVQLOMS\a]T\\PTQMSNOHCLOLS^d`YVOTXVYa^UQQKLQOGGLC7BHLKNUULOUYWMLT]_VIDHIMSVX\YWX`SPVZ[[WRY\UOJNVWNKGITUVPIV\VNLSQMLOOMLOY^\VW]^X[^YPDELMQW[\\RU`^bd_WXZVOU[]\WVPICNQOU]XHHOUPSZTLNJJIJRQQGFAHSNEMHIGJQUTTMHNPSUPQPMOICEGFHKHHMSVX[^_RDLVNCNSR[aRATX\`aZUSTSMOPNNO[edP:GPJDQVPSRPXWOGUUJIU[ZUMMNRQOLDHNPTTWSQNLJRRUUNIGPVYWQRPMTSMVZWRLZ_][XW[^df_SJKHIHPQQQOOXVHHDJWWXZTNSPONDGOQHKRQMMJGJLCFNLXTPWYXVVLM\]XTUOKTYXTPSXYOLPSMQV\^ZOJPXZSJNROJSVIGS[^\ac^QMUYNWb]TOSVYVPPLDPQRXYXOFNMLSONSJKT_d_T^ccb]LHFFHOPWbe`XRTXZ[W\ZWc`LKOV[b^UU\YQOQZ^VOLIHLQQRU\a`YVWW\[SPTZWWWWWRJVZULQUWSY^m~‡ˆq[NLWSIJTZajjb[WSKKTUXWSNLSTXX`ca\UQRV[]VQUTX]RMTYXUVZVNFEGBMKCIW\USU[ZQOMPPMPNKGM[_UX``XRVYTOPTQSOPUUTTXXTVUWXWQOTXZVTYUJU]^[TPXdfgf^UQSFP[bccheXVV_`\enrsk^S_ce[LPV`d_Z]bb`_^]VQXZWZVROQROQTVSNJFRYWPW`^QHNTWUW`ijdQDMWVLGHRZWUSOJWed[ey~u_k|„~rhhhe]NVcg^LKSPRUbptq`WRJQZWOSUQSTQLNHJMLNY`dd`ZVQOOXZRRVVVQOUQHOUVSOMRVVOKORQMLNRSRY\\RFFSYUURH@FMV]XRLIDEOQQSTPTWWMLPWXOGJNOMSUWVVPLPSRVKADNFFQSTSPH:RZPLMKEJFGPPMPTTHDJNSRXaopmjcl}„‚tgc`QS]`^XXWOLQSZ\XOOOPUSPQPUURWSMRVX^bfc^^XQQNIBFLJHKLPZbca\QLLPT^a\OJSSUOJBOTQOMGFOTXRGSYXOIOW_\QLIKKNU[[VW`heYXVURR[[RHHOMKMRYXSPQQRSOX]WPLMWTRSVRMTMNY^a\TRTYXWXTQY]YYSM[bedfe][ZVKP]b\YSHFJOMLXZYWWVUZ`[LNHJPHFKNPNIKOB>NNLLEIKHNGKVSMPLNTTQIAILNIGHDHOUZ[[`\RRSOJOWVZ_WEINKQWRPU]b\OFINOO\d]EHNOFJQORKEGOURMKBITUROJBANTUQMJEGPUSPPJMNPQTQGHKHFLTTRPQOFIHPVUPW\ZXWWTQZ]baXQNQLU^]XUQV\PG>@AGPNNPHKOMIEKQHANUTOLKNSRRSRQMLVY\^^THVUUVXVUZ^^[UPPWZVPJITSNZ[RHJR^[MNYYSYa\ROTZRLOOKKS^_\XQQW\adf^ZVMOSUajaVMIIOVWQNQVQQ_`W[^WYUQLLOMPT]\RQRKV^ZX\_`RSYUXVPS^bWU]]XOTYYWPGP[XQSWXPRTOPSSTWPEINRIS[YVDEQUZUPPR[Z_o}~yjZVY^SMRVS\ehgeZ^UOZ[WTNMQU_a[VUWVTOU\b`^XLPZ^ZSWWONW[\YSV[SLNT][MGNPX^YQRLLLNSSRQU]XVafaVUTUPOPTY]WLKTRSSRZZTLPTQSUT[`gg]MU^_VZ_bbaig^\ZOWffiid]RVZ^bacotvunaboo`RXPIY]Z`db`\VPRU]YXZVQPQPTUVWYVURFNZ]VTQVUUVXRV_becYOSUSY_ZNNMMLJOTbYZu‚rXbv~{m_daVNPWZSQUVUNP_hkmfZTOSTOGKSQQW^a]YUWROQV\^XTSWUVOTSTVQSVTRQIDKQOPNQUVSKFCONNIJSTSVQL@89AMRMQMILSXZVMHMRWTDEPHJQOLNRUXSKKPPLSQLRXTGLVUVTNPUUJPWUNJOHINNWMIJLMEGQQVSNOGCJRVWLXssoc[s†‹„lQXa`ddbZS\[[WNV^[VTIFNXYWSRQLQTSW[Z]_`^\XOJHKIFDMVPGFOLLJPMNNRSTW\^TPMLGIJOUQKIMJLRLRQQTU\WRSSVWSHHMRRW]UPRVag]XSOJERXNMPRUQGLVXRUTUTU[^USTOOZZMCLMMWUSTSQKRMNS[bd_QKSYWXWX]begf]MKMD@G_c]TFJQRP^d\UYZVTV[ZUNGHQWPMTUEFLNGIQPROKKPUURLRUPURFFLGEGIKLMLMLNV]ba^\XTORKHPUXUZVHKMC8DRSMS\ZTRLLROQ\^UKOVUVOOWJ>JQSOOQUTSTZYNKFOV[YUOE?CMONSTNIHNUN@=?AEKOWSOIF;AQVH@KPRUVTUQLOWVTVUQUUPWWMMTROJFEKILSOGMNRTUN@?MNNOVYUPQSVROQJIMGQUX[ae`TW^aSTXWXZ]ZQRTP[]URUTYWZYVSY[YZVOMQSTZYX`_XRDJSOFORRSQH9Qa^UW^`]WRRWYfhYQSNILOVXXTNCES_b[PYZZYQUYVW\[KR_a[`bYU\b_VRT[VTMLNQMTURLHLX[WTV^^VWYYTLJLOMJKHNUUIILUYVUQGDTWWZ^WQ^aYhuƒ~unbTUSNNTY\]^bi_ONSZ\QIDJQ\]ZVRVVWRIJX\YRV_ZXX[YY[[WVXRX]ZRX`eaZORORYTLJRRTMOTTRPIR[[[\XRPT\]XVUX][UPMLPPV[XWUSMMNO[^[XUNOWbe``ab[^dfd][VUWY\ZSLSYWVQR[jputjbhpj^\RFQTTW_dd[OLMRONTSSPMVSJJQY][X\ULGHMRVWZYXYVW\[ZY[UNQUPX`XOHKTSSSMZ[fx€o[`yˆ†xke`YWUNBISMFHR\ijaW[bWMMQKKQTTSY[VWZZVQPJQXWVQIIQVYZQKJIHNRQQJHIQTHDJQTOKJNPUN@MUOOOBAILJKTUSVROWWTMMNTWXXRNMTMLQNLX\\XROSWUOVQHOUPKNKQOTTTTXVQURHIMQNM[VEBBIMJSTSVQOMGLRQKGMSmskdk{‰‹€eZV`fhjeXW\XVOZ_^[]^THSVUNDFORS\\ZVW\XQW_\UORPHD;LSNPMJPLOUW\YWVWZ^^ZZUUUSVTQJFSVVTTSQQUTVRPQI?NTPPTQNUWVLPKQYVVVUSE@F;:DLS\XMPQNRVTPWaaULSSVXSLBFFIRUYZ`^SFOSMNU]a_VOQVUUW]YZ[]b_X[YMTSRVROGEMPN]kk[LOUXURGKUODKRVUSSUKOMMT[[XVRRUUUVXVRNPUOHDMTPF?GS\ZROXZVSTYZUOQUMFUZSOSOLQ^\HMVNAORNRSMMOHP]aYTWVWURPLIOVWL?DPXRHTUKMLRNNQQSPONDLIKTVQGMOQTPIILLNVSEBGOJEQVOOPKIPTTSONV[RJNV]a]TOIPZ[TJNNQQONPQMHKSWVRDHJNONTXUVYWUONRPONLOPZbej]\ZQRRNQTTTPPRJQYSKPNMMSV\_df^WSKIJPY[[XX^_XXRJKDLRRYXIGL]`POTULMTWZ[[`UAKKDBHHKNOOIJO^d`WPMORY`aUIW^VMYdcecXKCNW\\XVSNIINRPOSTTZ_c^TPV[WZ^ab^RILUTNJJIOQNJKONKOUQNUZUR[]S[d_Ras„Š‚yhWSSUWZb]Ufmh\UTW[VPVWTKS[QNSQRRTVXYZSP\_SGRV[dc[WYXWUT[`c_WYZVRLT[YV[[YTGGJSYTNTURRQPJ?HQRXYLX^\QHDFMIKVa^YWVJFSQMMNU^geaecYXWVZ`a]YTONRQSUSQRUVTT`fmnpg]]joh^VJGQNIP_cb^YIN[[WXWYTU^[KGT]\SQPSSKLRVXWX[UMRWUVYZ^]PWTQTQOIGVXJIPU]\izs_Zlˆqgb_XQOJFIFDANdlnslcbXMIPNKTVSTYTRPQVTOSUVUOSUQONRWWUNOKINVVUQIGLGFJNMRTUPHISZVNRQJF?:ELQNLSOKQOLQRSOMRWZXVSPQLGJGDPVRKNQTSURSUPPPPQNIOSVUI>LRLPWOJNNVLMVQNKJQWRGMTQQQJCSTLGP]^nmfehuˆŠ}j]Y^bdbWV]XXSPTUUYZRBOZYTMLZXNAFJPNPSRUXZUJLTQONJQQPOIEENRV][UVQHLY_^[[[WRPLIHV`[TVUOPRV\YTTKAPURRXTKOSOLRROUOOMNWOEC?@MRXXYRNPRMMSMJUYROPKPRPKEMQPOJOU_c[TOQX[ZWRSRRQLNTR]bZ\hogVURLSWSJMTPOZ]VYeicWMRQSQOIPUOFKOM@FMORMLQXVYUTWVQIHS\WRU\]RINZ[WN@IVZTOV^WKPU[XURTOHRVSOKRUV[^XOPNHNUVWVSNOOOXed[SQLKOLE@KWWTJICHOGHRJGRZYPPTXWTTQNJB@ECITVVdeYSRLJMQPUSJJDIJHLLGIOUSOOMNY^]enk^YVTVRU][WXNDMSSUVSRVVXWTHBJMLNQSTTQQPKEIHIKKGOLUac`YRJFHLQRIJLPTIFKH9FKLPOYZ[_ec_[LHMOUVTRS^`_Z_ZQMTVYa`YT\^XIHNUSNNOYXSci]PJOQNMPT\]WK@MUY]\UWXWacXLHPWSOWZ\_]WMJLPY[TVUJJKLUSMKOQW]^XSLORZ\[]]VOKQ[^[YUQTYYVG?OJRYXUW[[[^ZR]cegs‚‡…€{m[RROTQRWY`eciYRQWUT^c_WRVSKY[XSOS`hkaWQSWOMMOZ^\`ec]ZZ]][YTUWSVWMMV[\]YXVVRSPRXRTPTVSLBKQOVXQVYYSPMPVXUS`e_VWWQXRLPUUW^_\]\TKKOIQ[_a]XVSMLJHMRVWWT\dhonkc`iqlbXOKPVKX\`VYaZPUTNTUOTZ]c^OJT^\YSPW[YTMMOSXYVRXVU^Z[`THYa^anrmaVo„Šˆ|eZZNGGIPNVS[jrjbec`SEOTOC@QSOR[\TMPOENURLHHOQROPQVXUVVFGVPOQS\[OQWVUWRRRMFEPUUSNRSNINOQSPROGT[TQKKPKPVSTSWUSLBEFHNMLF?JPOCDOSPMJKMRMGLSWQKIOMJRVTOIMRJMNNKHHQUUTWUVYPMNOJHPYa`agrrm~„se^b_YVZahd\UQQSNHPOEQWVPDFPTPNMHKOU\`aZTQOOOIOWSPLLPMOOU^^`_YSVVQOVVOUZ\WXZVOW[\VWUNIKNY]YTONTXZYNCFMYXQMPWZWPSTRJGMF>DRSSQOPSOIEIINMQLKROPOLOQT[[WS[]_[TXTP[a_ZYWQSWVVYPNYSL_ij_XQCJQWOMYVIJTVNPW^da]_b]KIRURKOQMHBCN\GGMUUQPQTRSVTNTWOLVVPNPRWY_[SMONILRTQOIJKKJNPQRRPWUQPSWPJJBKFBHMQWZXTHERafd\PHHKJEGOXTPTQPLRTPHEMUVOOSQLPRURQIHG<7O[_V_e]STOOOMLPOHDEKSOOOIFKOHCOQOU\\cml^URRSU\eaUZ]WHKUUWSNTULIMGDDJILKMQSWRMGEKRUUINURHR\_YGCIKNROADGQZ[VX^\QQHLPPY__YRQRROPRRTPPQ\fcZVYQUZZZcaXSQOUWQLTUOIFRYORbgicVU[VSPHN\^NFQY][YMS[_^XPH>DNOWZa^PKMTWKMPKOOILMLQPPSRMTTMQV^]PJKKX_[VROS]b_aZNSXXTRWWQUYTPPVUWRMYgifivz}€€tbZWPSUSTWWUTZcYSVTMS]YMUVH?QWSWTRVgni\X[\[XSPPTRZcdWTY^_]VRTVTMPQGEPUWUVU\\[WZ^[PDS^[XOMXYZ][XYXVULQX^ddYZ^[XXZ]VILHLQRLLT]\XSZTFF]kjd`^[WPEGSYZVOWajpy~ynccge][WJJMQ^`TQ\^XYWQTTUTOS[^VNO[a`]WSS\\SFBMOMKDLXYbbWPLJJNLERWRFIRTMCKT_a^hndY_}’š’}ke\UTPQTSTVbhjhfa]VI>>HKLOTSS]`XMLSPMPPIGHPQRQTUVXXVYTHRN?HLRZPLVZ[[VTTWZXUWWSNKTRJJJPNPZ\VW]\ZNEEFOWTTQMUVRGMW]]SRSOPPNFGRRPMIEJNKB?ADHLOLIM[d`QGFNNNRRJGMKIOY[XZa]VTRONNW^bemz}yx€†|pkh\OY]`c_YV\VW\VQMQ`aTFHOMGLUPLHIU\fidZSNUYSEGKJJEEESVXZ^_XOLLYYUQJ?L^id[Z[ZOHPVUTOLKHPUVTTXYXVQIHJT`_SJCINJPPIKMKKICDLRTWRNNLIOHFKBBMY\QBGDBHMSVUUU[XQNX[PNJQNRYWTWZXYHBMSTPRW[caYNESRQVVKHJNROKL^dXT]c[TZYSPTREIFLKHVVJJRQLFLNLPZXTWUIBMTQNSQMMMWa`UUUPUUWWNLLLG@HLIIKOTOIPWVMQFFLHGEEHX_ZRKRY\``ZGBNRSQW\ZSRMHEOTYWJFPWUNSVMJOMNVRPPPGQZ_VLVTJKMIINPMPYVG?QTRXYP<9@BMOOQMJUaaWOTUSRT[\NVcaXPRNPPPTMNTXO@GQXVSYVONQQPLLQW_^XMGHQV\WIILPOKPUTT^cd^`_[WQOQTP^gdZNNRQORUURLLObhYEKOU\Z]dcbaZQS`]PNYWMKKNQNTenmbSSUVYTDN[WRPTQT_^UTROY]YOTZVR^hi_ROURV\ZRLPIFQRVSUZVPRWQNX\WMKSVPSY^\ULNSX[WSTVVV[ZVUXWSSSQSYTJL^ggeo|†„~zm]VRW[[XQV\XSUbYUWYV]^XSSKHDGKPSPLO`c\Z_ZXTLNTUUX`ef]PT_]Z[Z`\RGKKDKQPSTQV[ZUQRZUIU__]WSUVUTYUNSX\SOOTagaTTX]WQZ[QNB?MONJGS^ZMT`]Uamk`[[[^`WLKP[\XX^^dpyxph`Zbh^`YRTVWVQPUUUW[UUMHQQSUTQYWRSVYYXRW^c_UPQWSVY]^Y[WUTOONFILRVSIJNMIOJVdjgcpum_bz‹Ž…vg]Y][V]cUGFWmxuhSLMJOZWRXWOLSUTWWVWQIEOMDMSQMPTWRQMNZWWQKHKKJJJPPNTQINUSV[VWWRLIFORHFNTVIHNPUXN@=9JOIQVMIPPIQafeWNRROGAC@JMKXYMJSSQMEAFMPMMKV^`WJTYZVQSLGRVTQX[ST[XQQSQPPV\[^`t~€w|ˆ‰ypaQY___]XT]`[XWKFO\c\SSUPHORLILEMPZa^YURQWRKMKISOIGLRLO__ZTPJLQLHHJTeke\[Z_VLKRUY[WTQE@EGR[YRORH:CPY[XMJUZSLKKJNNJGGFFMZ[WRSZ[^ZQMQMOTWSOOLKHHOMKNSQPGS]ZVRLQRTPPWPJRQHKKLMKT]ijbWONWY^b[UPPQSPGVc`\UTUR^^ZSSSIHOLJDFNQGKPTQJMJLQPCHONRRNMNNNONRT^_TJPVTPRXSLLJKFILKEDIKIEMPZ\XURQOOIKEU\SIJLNNU`cVCEJOPNQWXUXQMTUVQNFBQTPIOSWZWSVYUXWTPRXVOFNSLJROCKIOXZXRW\XS]`VKILSVQHBGS]WOSPIOTWYVPQ^\SUWPPXVVUV\\WSOLPNNSVVRNFN\ZTPLGIKMLQPZb[NCGH@JZ]ZWY\ba\]^YUTQRS^d`XXWUTOKOOQNH]nmZ@FQRQVZ]ad]YY__UOOTSJEMUY^gkhfd\XSQUMKX[VVXUY_^XTOLQTWVSW\XVgj`TNIHZb[SVXVRWTPQW\TOMROEDGIPUZXTQQRYYSNNUZXUZXQQW]YPLTWWYZUVUSTR^fcZm‚‡‡…{i[]c[\XRU]YTSV\aYY_[[VSQG?HJCR\]]Z[\[QQY_\UKGPLMWY]_^ZZa]SRT[UOPQNNQSOORSSXZPIJNREMVWVKKSOT]XNS[XXWQRQZbaVHJSWSMROOL>JUYZSMQXSNZ]YY]`a`ZW\dcYUWZVKJTXV_]eosqlihcZSY\XY][\`]VRONTSLGGS\ZNLSSROY_\VY]__[XMNV^e^XRQTQRPWZ[XJMEC=GMHABO]diejvvrjfx†‡|j^Y[XQR[[PFJYepn^QVSGUYQGNSTVXVTJSZVOGJMKLPRPUVUJKWV[YTOLONOQQPRPNXWJV\XUUOECNVUNFPPKMUWLFPWULKE;>FNE=SZQFDEERY_YPMLPPMH?FPTSOJ@KLPWULKQRNORSQQPPROMPMPPHKUUOPNKOTTT[RMUZWVWWV`wymƒŽ‹xfa[XT\fcSENSWZSJHN[XUSTXSPRRMJHKXZ]]YRSPQNHPQPWVTYTJEGPXZXWOKLPT][]ade`_\XUTSPWZZUXUPMSTRX^YPWRFFOOMRXVTYZPNUUTTQPJHMNTTLJOXVOMUTRPPIOSUUMLUSSMGQ^_VMQQTTSVQT^^RIOTM=DTR@GLITfmfTX\ZWY\[[RSXZ\YLU[]]WJESUPLQXVSWRJTWOGJCESXNLSSTTM@@NYVLEKHFAGINY`\POTVNNNNLMLKOVVSPLHLNMGBQYXRQUSUKHJMRLD@HNPNN]cTHFFCIHOSOMOJUWSPUXKGTWOKXZYWMSTTSOMNNTRHBBIRPPSOIINWVWTPRUFOYZMHTbf`PCGPXWYZWNO[\WUMBQSOSWRLMRSKLNTT[\WSOMNNZVL@AU^WLMMNNJEUPKS_e`SCECGTUOSQWfle\ZUTPIIHP_fb\PMLJFKUWYVScieSHSWONSV[`[IJOJLLKKIHKOVSU`gaW\\TOLIHOS[^[^^abgcYORIBGTVUSRQWYTSOJRceXHNZb^]VPQYVNONMPQRMPY\YXYTPTVWVWROPKUa^TTZ`\OJITTGRSJGKVRR_][_p‡“†qZ\_`]WLT]\UUaac^]ZXROTTLNPLJPZb_ZZVFSWTWVVRSVT\b^YVXY_d]RMTUQTVPOPSSTVUV]ZNRXTMLMNQOQHIJL\[ON[VKW\]VSW\WKNUQQQSPPPIJPRTSQQY]YV\[XQTfmi]U\_\YZ\ZRFI^aejjkql\^fje[Xb^SUXRQSHIKLRQGHKT[WOPZbc[[ig\Y]]\NOQQX^c\UNLUXUPKTZYNBGMA6HOQMPQY_dis{zskh|†…u]OJORUXVLCKHM`kg\[c\OMPPMSVURQTUTROPKHRWSNRPRRPNHQNX]][VVXYVPLQPMTQNSX]\YSTSLNOLLMNRNONGDFYb^XRH@@GDEQ\]VJL@GPWTGNSVYYVK@QWTQD;JMEDHKCOTRQPUYZ[\VSIKLEFOOMPOGFHNQUWZXSV[[SYY^dfovt{ˆŒ‚nbe`^`fg\MLORXZVMBLUUQSUSGHTRKMRTTU]^UPUWQIMSUXUPQUTHFIT_ZXVTWXW\a^XXVV]daUDAHRTIGQYZXW\]\^cb^^XNMPQSY[VV\YY]ZWVXWLGNRXTHRU]b]USTJLQSRVVRSSVWRRJLTUOPLWWNLJONISUNT]\XSIU`YUQPWeomZK^_YQNUXSPOOZa[URQNTOFRTLHKRQOQNLRVSKGOBJTVTUYTWWSMJQOMSSSQCEPKLWZXRSSMIHJKOSQQRUMGMMONPRRMHJOOOPX\PGRTNLKECV[QK]^WVOKVWOLLEPNXb^OR]XMSYSNTUSOJGKPNKMNLLLA?DKPSRSVOFGNUZXPONIGNPJESbf[MJRSW^a]XUTXWPLJDJLJMSJ>LVZXXUKLTOKSVQKLVZPIBDTTNTTPW[UXPHP^ca\OLMMJFMRT^dd^SIISTRJBQ_c`TFEDHHRQLKOVUQKLU\YQINQS[ZMFMPTPHBIRZ^\VY_bWUZUMOSPOTSWWUW\\bgePKOEJUYYUJPSNJKKMR_e\QKRZZRHBLSZY[XQKOTVRZ[QGNVZZXNJQSXXPQYXWUVWWSLPZWFHTWPESYSXcgf]w’œ™‡n`cd\QPWZ\VLV_XWUVW[YYUONRRJIJZb_]UOX\WVXY]YZ\bed`\]^YZ\VNZ]bde]OEGMPRRU^bYZ[ULLPIEJOLOTTUVTX^XJMQUTSSTSYYWVUTRQOJKRQOWYUT^daY^^UUX_ggbZW^^WPRMUVZ_X`ceeihbigifa]`^WRZVTTRQSZ[ZWTYVWUTW[chdenpdgmlcc`XVY`f]MHJW]YVPPZZUPTPJFHPXZZWV]hjmqnie^bx†…vc\PLKMQMHQWUUTabWY]SFJSLLW\YPORVTKIMHNVSOLNORQONPPQSRSPQNKBDKVTMOJISUQUSVXZUSSFFFFPSUOJFDRVUPUVROMJKQVZUHKMLRUTGHPUZUSMHIOIMQROQSVUNEIRPRPNWZ_c^RLOSNGQOA;@GLJISXYYQLNRZYSQU_[Roxw€Ž›•vcnje``ca\XTVZ\XSHEKTQKQXYPPTOLVVKGUa_XSRZ[QIPXVG@B?LTV]a[Y[XWULNRWVWYLES_YOICAIEAMQXZUSVRS\a`[XVRMOSTSTX\Z_a\PGOTICHPWWHKSW^^[\_YGDNOQOOTUX_[PNPPMSWWTYULMLINQPUZbe_TQS^daXU[afg`SUVNHMRPLLLIMQNOQPIIMKRY[UPMPSZ\]^`^ZXTRPMHIHNMFHLRKJNRTOMPIJOQOOOMLTVNGDQSJLRPLE@AKNOGGQOSRE=MXWVWUDHROLMMMSZVGKWUTVWWXQHRPGMT^`YTZ\XWZXZ[QHIMLNRNFDDEGKMJ;GQRQOQPCEKIYfe^^[]b\L>ET[WMJQUU\]\_XQOHHRNHRURILQLMXUGU[SISK8LSUUSTUUTROUSSWTLUabXQGKQUW^ZUVWW\\RQblk`SFCPPKNTOQ[]UKEQXXQILLHRSQMHGDMSLNRV]fd`\\ZYUTWYbeb_[^Z^ZUPMINQSXXZ[WXWONZdcUSRWRQUXPNKNSZ]`WRU\_XMFDDJTUOV[ZWVPKMVSLLLQQLYbcYKRXQJGLQJOVWVPMOPSTSPNUTKSZUMXeeda{Ž•‘‚nY`aRKY[[][OLT[WTPV\[NFHGLNOX\bgcZOV[UZ\RNSNX`ba][WYUNTUPTX]eli`THENTSTP[\TUMMSXURVRDU`b^TLOSRKIHFLQU\ZWXVPKUZTXVQNXW\c^WQTY__\UUTZ_\[Z_d_VT[XWXab]Zaebcijja^ejg[TURWVSU[]W[^^_WNSUXTWX_fdbii[_jlchidbbebVHMMQSQVWLU_b^W^^ULDPXZVNYbhfipsmg\c€‹‚vk]W^ZOHMNMZ[X]c`\YM@DVTJS][QLQQNMOMJFMNQRRQKDOTNJPKOSTSJFGQPRWTSPRUWVPIIKPSWUJFIFP^bZG@KUXXRQTTU[WIAKRNC?HMRUPJNNRT\WMEIQTLMONJRSVVQPQQQPJIL]fcUNTRORUSJIKKGBAFLNNJKNRRMJNCM[[_tvox”š†gg`ZUS]^_\WV[a]VSNNUTPNRVTURNU`ea]Z]^WSJIQPFJRRHHPADTY_`Z[]UQPNFEGLMXYSY^TW\SD?;KPTRTOCJMPSUZ\WRQFCFMU[]VSTWWVVOIGEKDMWUQMOWVMZebVRTQGGQWVY^WKGOTOWXWXYXMIHMOUXXYW[\YRHOSWU_ijlj^QUYVMMOUXUPKIMLITUQUWUPV_UIBBOTYb_]\`\RHG\VKJNMROLOPOTSSMKPNGNQLHMLGKTWWLHSTSSQMF:AJPRODJT\]PCBQ[YXWLN^bWOLHLTWVUPPLLSWQPKNN@@LPOOURPQQPSUTPCDLPPRPKCADQUJJMIABKKQWPKNPWdg^]YU`e\J>RZWQLOSMGJOVTNNPHOPKUZXVSOV\\ZQMQLFPNGLLFOYXPIRSPX\VSROPWZRPPOTTV^bc^ZU`bUASceaYUTSW[XOJGOX[UMIPSOGOUSHEU[[NGOLHNVTHT_YXZUSTUSTX_d]YXSQTSQRVYUYcd`\QPTSJKWcbY[`XHO[[YUJT^eggaRRYXTJKFEKQIHQVY[ZWTTNHQLISXZ]``]]ccWPS\ZVYYWRPOTTRPOOPMKXa]MQah`Tc{ŒŠ~mWW\XUUPXYQLW[ac[XZNGR[]YRHT_hiba\WVUZ]]YSS^b`X[ad`_XTY][ZXYbb^`XLNVXUTVYUQKFJMNTZUHHY[ZUMJQRMOSTRSUXYYWQURMPYcaSKT]_\VOLV_ba[^aWRY\XT[c`Y\`^]SV`admslfihXSUXcbYTSQTZ[XWURMPRZTJMT[\[WQRVU]b^`cc_chjhjnj^VPLLIDNYWTTQV\`eeZQIITUQI\fhkpsqgjan‚‰ƒwfVWchcZW\fomg^be`UJGSXPJMOQRTSJMTWTQNKPPRYSR[`YMPQTWZ]XNNOQPKIMHEMRVVRLNMV[ZWTUJL\b\TUUYSSPTOPLW[VOTVTVRLMNOG@JPURTRMKIMUUOOOEAJPVTJEIQPPONW_^VMWZWRNKNOLMHMRNKID?ALMKGIOKHRX`kqur€‹…vo^P^ZRUWYWTU][ZWROTSTWUXYXQMT^`__`\XRU]ZJERSSQGPYVQTYbea[YTJGHGIPNKIPRbjeZSHJOHQ\YPLSQHDGOSW_^WUUX]]]\[[ZYTTYZWTPTXLOXZUOS\\ZWVRPY^UICDLTX[RDKQWVRNCHT_FMNJLX_b^WY_\TLKG>T_ouneWT\cf_[XPUYZPILSMOTUYSWYXUTE==IGRdeVPWUJHED]RNTUYZUMPWXTQPPOSUVXLCJJHLNORNKIAEOMJNJFHEEBCGKSTLHPRWWU[YT[d^TRWYWWWTLJNUSWUIFOVQMOOSUYVPFACHOPQRMBFLHIKA8>PVQLNONTRMX`[NM[]ULR\^QHWZTPU[QMONMB>D=LRNNSPNPSVPS[\WOPNUTYYTRMKNKLJUYQFDPTMLUWJ@9GFEMPOKMPJBNZciltt|ƒxi[\`YZRU^ZU[\Y`aTLSZ]WS\^[WY[[VQXUMOVY^ZSW[WSIJWXZWNR\_^VMABDJSV[[\]^^df`TW[\SJRYZRGGJOQOLUXYVUU[^XNLOT]]XUXWSTUQRPU[VKGFLY`[UMN\]VOJOKJPVXTRO[\WMQRUUUVOKPVZ]WRURPUWWXSP[hg\QT^a_VSXWYXVYXWVX\\ZXRXgl_RQQPOI@GV\VUROOPOOOSVTTWWOPWUTNCEJYc_XNEOPMNQLJMMD?IOSSQVUTOJJB=DHECKSTWZTU\UPWVMP[_^WPPOSURXYUSKMQQPVXTQXaTLKP[YORTRJFNMGIHDCGLPOLSZaYKKUWRO[`ZJGS]a^\__]WQPPQY]ZRKMTTMJFFIPTSNHJOQLEBDGLNFQ[XVSJIY_VKMMMGIT_[OKKPQSSLUXUXWS^a\ZRRUSRNROIMRWSOUWZ_YW[XY]VSMQSRPPOKQVRORU][KNIN[\\[URVPKMOU\`\SKGJLQMKVPUZX_[SQKMMMX_]]ce`[TIGLMNTWXW`iic[WZ[TPNUZY[YYTORVQQKMMNVYVVNTTOW`^YTPHLSVPTWXYTLHOY_baYUNGVYS`ijcdu{€|yq_KPNJPW[VQHLV\[`eg_VY]YX[NP[XUX[[UPWXRTUVW^b_[ROW[TRW_`[YVPU]`[RVTU_bRO[]VQHBIQSNLMQZWKGSVOFEKRRQT\^ZXRPPQPPNGHHMV^^Z\_`]Yagd\WJLJHMGOZ]\OMSUXWSWZZU`gmneQW`_[^ffa[SQUUUWXWRQUVXZXU\ZXOQTRTJHSYbgjnoh`[\]UQVYUQRYZ^]UKQUP_[VSOIELYWTW]dsuqmlvˆˆytwuomcY^ottkZY\\ZWOHCKNOQLKKQQKJHFLMIHGJNWYRSSLKTYTHMPHDQUYWRRQQKKJKKNUSXTLD@JSUSV[UPLIFJNPTQHDBLQOLLRRKMIMXYYWURLKIMQPPMEHPEIMCCKHJH@KSRNNYb]QIKGIOQNLPTWWUQLLGRYVONMLQVQKMT[^_rnq„Ž€i[a_VQZ`\V^`WS\ZUY_a]YZ`ZWdbZQH?D9DQRJKVbbZWVFPPR\ZQNRTTLFGLOYSKPT^_Z[]ZPPXVMMT[_ZWSTTWSOMSNDMZ]\[UNMGGJR^`TCQYXUVWYUNHHFP^\UTRRVUPFIOQSPKTRKTUOMJPSOMOPVXQOTTLRZZTLRX`b[]ddbWPSXWTOLX[XS[aaadebZXUOisl]VUUQHEFPZ\XTVYTOLJWTXZUQUYXX\TJLWbcXLMNVWSPMNWZUI:BELPU[ZVPRL@2>NTWQLPQOV[QAEMLQWXYXVQJNPXZVTLHLPMS\geXDTVMEIV[VLKJJLMWVKFJOIA?8BRY[VLG@DMMU[TEBPXZ[\\[bbUKIJQ__YUU\WOQPF@EIJORKIPLHDACJOLGTZXYUOZb^TEFOOLQ]aXOMLOSRWVSMTQPUX]WSSPSROXbdZPJSXTSV`kkaVMS`_TONRRV[\XXXPS``a]LHKJNCQ]N:D@BNRGO[]ZPFLQJHLVTMWUNT_cRJLONRVS[a]WVJGSXVQMLVV]fgaXUWTVPISPQVRLMRRTOQPQSUWXYOQZVX_bb]Y[Z\\USSSZXRHMXYSQT]]WW[QQ_ba[k‹Œˆ†we^RHFUXUPGIKJKWadd^\SOSUQSQPVUMLS]_QLWUQZgjcWPW`YU\]ZQTUSTKMVXV^]bf\MP[`ZPQRTRTSVYOKWWUYVQOSY\]][XYYTMOSOORROKGU]\TKX]\U_gmmh]WVV]UPMTa`[SUTY^^[WO[begbTM^YRT_f^UXTXaa\URNIMPV^^UUXWUGOSSTLQLPbiqupdYQYWRPTTNSXUPSQNLNJL_UGKJFPTMQVXXhv{wporz€|qnuo]\V`qupcWSXTQPKHDDHLSMJCKWOBHLQQJGHMSXYMHT]]SROCBILQOJX`ZTSVODA@DMEFTTHJIDEGV[UQRRSOHLHKPL??NXXVRPKHQQQWXVVVUUVRGKQTOK=HSOLLLRRQNLQXTOJQ[[RMOMHKKHEJRTOGEMOPSTSWXTRVVTRKEWdgglr~„ˆ„tgb`WW\[TU^\TNLQUUSXYY[^]U[^YVNGJNQSWZYY`c[RNOTXY`c]TOKJINSQVWVSPV^[SOPWVMMVQKW_aSBK[_]TLLMHEOZZUV[[WVSKFPXTMW_VOVYUUQLKCEKRMJMQUZ[QJPQSSRMFCDKUUOQTXUWPV[YQTWTRVZ]\WSVb]T]ikg\WYVYXPRYSPS\a_``]WY^TW\\[[WSTRJHOSPRUX]ZQLPJHY]]UU]\TFR[TMSWXYTJ@EKRZVLU\WN@@EDCEPX[UPOOGENONMPVTHNSLHLJLOVZ\\SOTUP]b\UOFDJIM\daXOOKONLQTTOJGFDMYYSNNQLCH?BHNTVPNHIQMDMROMPWSUY]Zcj_RPOQWZSMV_YU^`UEFFHLQVVXTOHOWYTLNLUZWKHV`_[XOIKOGTZXPQOJGIPVUWXTOQSSJMVXY^`ca[SPVVUXZYVUY^\RW][]caUPTVVTTPW]b`\ROWVVONXQFUUOZZRR^jkbPCGEGLSVVURLNbi^IKQQYZ[ZTNHTVQPSSX\TQRPY]ZUQYYXWMKKLY]WPPUVQPRNMPX][RNT[]][\][VX`ea^XGLYWOOOOLJFI[``_UTUTX`cn„Ž”‘‡wdWPNY]TONRYZWY\ZXc\TOLOV\[YYREALOSIAPSPS_feaSNYXMVde[PFO[aaeaaec]\Z\YPRROKNUZ]VPWSP\VNT^_YU`dfd[UYXOMQVTRZUW[_^Y[ZXWPRSY_fgd^WV\]\`\TTWZXX^bb^]]^bbYRWTIKC?>IZ`WHFP\_YUNJOQNNXaaRKRRUVQJQ[b`]]_ktl^\US_ZOLFER[ZVRTQQNKEPYZRHPWULLRRWany{vpij|€uqw|lZUThroe\[TRL@IQRRQQWUKJPTRHNSTSVYQGGUVTSSW][OJOHGQWMJU\[UUZYXQKILHFPQMHIRMEQTIERZ]\VQRJLRKIDKRSORTPW\WUVRRPLJQO=EOQH<38LNIOQQNID?FKLMFGMNIHOPUTLJMIMXXOCDNWYRMMSRSMEGRQDCX^ch^lqx~sjiid[SIFMV[YRRUUS[XUY\[Y\`_UJNWWUMP`d_X^dZMIV\^[QMT[YGGVST]^V[\[_\TLDKWPHPQNRV]SC@KPTHESYVSPOOPTVY[XQFJSXXUSWZYXSSZXXWLFGPWURSY_b`XTXVOX[TJACQSNHHU\ZUR[]TKPXYZTTWNLXc^OY_`bb_YTVWRGNSXWV\ef[KINW[_^YZ^c`\bcXOPPPRVXVOHLSQLUVSRUWNLTWQGKQPJHMKDHELPLL][NINQNPRSTUSPORRMOPKBGWZXWUQPTXUV\]XTRT_`WS\\YNFHNMLLRVYXVOORTRTSL6BMMMJHLQPNHBMOGBJUPQ^_WOMKOOMOPQRXXQPMLKPPLG?=LT\bc][YUQSIDIOZWLL]jmf[_\WZ\\VX[ZYZYXVW_[RJPTUZX]\[]ZNSUKNWcjfYOMPPMOJMVSLRW^^RMINZcb_\WQW_`XOUV[^\YWZYWVRXZURSOFGWea[TKOJKNNPZb_\ZRNY^^YLN]]RY]ZYXVW[ZVX][XYZUMW^\QKNQW_acb€‘”Ž‚ue\SSZ[VPR_bXTX[[_fbWOQY\UTVUPLHRYPHUWVS`aXXWJHMNZgdZTNQVY`if]]acd^_]YSNIGFNZ]]QRYPRXVSX\WNQ^]ZTQ[]XPOXURRVY]`^Z[a_VNOVXRR`cbMUdaUX\[VNOUYZ``_ab`bb^UUSHGMOMIM_bVHQWRNNNPPUSLKXdbURU^d`Z]b_`_\X\g`QSYVZYXWPJHKNVVVTRWTHOXVWKHQMJKQYZY\pvpllsu|~}qruk]NYelmjcWSTPDGHOTTUSPMTYXPNQONV\TJCJPTSVOJSSMLJJTVMOVUSVSLNTVQIGKJILNNDHI@KNGLSTY]YQRRNRMJJJIOQY^ZUVVNMLEEQPDCHJGIMJPSKF8FLR\[TVWTRN]c[XXPKKKPRMEHRPJRSKLIJMQQ>6DW\UMQTQDFAHSTNNZ]TNKINVNCIIKQJMNJUWXWPPHOUYXQSQJOUOPS`qmp†zff\NMNY^``^]TIJV_b^X^VJGLPORRLTVW]SMRSSOHO[b^YZYZVT\WHGLRSPW\]ZTPKNKJPOKOY^YRVZ]YY\VSUVSOLNV[XWNPT][TTWSLOYZWVOW]YTUV\[YWSTPLGMSRNJPVYWQR^ifTFTXVRJGJKMFOUUPJHGOUMHHEGEFW`^Z]YXQPNQ\_`fd]VVWSTYUU]YURW^cf^XRMOYZac]_YRNMNEAPSPKNTKAEIWXMHNQUZX[YS_g`UQRQZ\MDHRVWPS\YPPWXSRQXWSUOJGKDJSKMVOPTSNPOMRZ]VSRSTQY\WVXXPKQTWVMAGNB9GMIILRI=9BGLX[XQQCAJNIHILMMQTKL]bXHWddSINTRPQURPQUVW]YQRPE?HQPT^bXUWXUXTNIJSYXSLFIMSTOMSMWd_WRRYb`_WKNQKWcec]VZ^[XY_efkh\OQMMRVTVWRKQSRSUX\\XTQSSQNKNIOVZ][QNNZYQLFRQPVdf^QOR]d^RJKQXPJT[^abYR\caabZVTU[^^UJXdidSGT^feVQZ\UOLPOOMDHMNRMP[`_]ZZ`a\WXXZXNBBNRKHLUTTQQQILMUY[YTRQMOOPSXZXfmhtžžzi^YZ]`_[OUXSQY\[SP_dURY]PLNMRRRPQY]be\Vab]VUU^hdWSWQXcb\QRZ]WRJTZVU\\[a`YX[[Y\_WJO]a^Z]]U\^]PS\WRTZ^][TQJGREQXUWWXYYW[YR\clnf\MU[ZVbkj`[[Z]^dosmbZWU\b_[URIBKRXXLJTQX\TZ`RPTY\XRMPTTOOLSXQOU]cgdXLJKPTPJHIQRNNLR\XLFKTVOYSHHNMLQQRVW\kplffdhu~shkvrfb_]\OIQQNLUXWQNJCAJMU^c[QQKOWY\UNKPUVQPNPPPNVYOPRUOLJOSUTNNMIPWQHDKLHJIJOJFNKHRXQJNQOS]fhaXRMFDGIFGNPGDNSUUUOOSRCCDGKFHU[ZQSWOGSQT]b\Y\YKEHGNNLJGFHGR\]TVRNTVXWNNQPQXXQKR_grw}ylig]UZ[UY]bjdXIOX]_aa^XRNPNOUWYW^`YSXZXUSQS_^VMLQPNUTIFEDJLPY\WWTELPNKQQVbgfa\XRPUUSTTRRPPIIPQRNOPRUPGPUPCIY[XOKSM@ORTYYSRWZWPOPFDKMLORRJL_e[DCOZYNBERUYSMCKQMFNTSA?HGDHV`c_ZYWX\[PNWYcg_WZ_Z_ebUU[[]Z`baddWIS[[^aaWSMKLOPN[bSRMDNKMQPORUKFQY\XSNKKSQMQOS^]N=JW``QFUTMR\ca[KQXXYOGID@FPLLX[XQPVVZ\UQV^[PJKJOZa^YZ[VTTQSULFIE@QUTVX\^[X`d_bge_WQQSYX_hjaOQQMKQSRTRGDMLOTUMJFOZ]][YTTQPSQKLPMWb]RGR`e]PRRVYUKEGTSJLOX\ZSX]YZ\^^[TWYXYUUSYW\c\XZ_VMRY]YOQTOMRPHRYXOOUU[YRHJUXQJFMSSOMOSZYTSNLPW[XXZXRHGJ@IQS\cptku”Ÿ™†paYVZ[\YSO\^TS[^YNU[[T[\XRSNJHTZZ[_]WVV^dfaZYZbih_SNVfh_[YY_[UPST[]YX\\^[W]dd]TPNQ[[QMVSOV[ZXTWNHRYRISZ]YUWUUVVVXSQTPOTW\blsj^ONWROV__]YX[___dnniZTQPYde`[__YLMWNIUMQZ]^_\VQNWUSMJY`[TRJPPNTY[`]UUSR[`\RLKJOSUSJQXPQPPMIGFMPTSMLNUUY]aktulY^lx{tpq}xhc`TLNXYPUXXUNLKGRVVQDHOLRULUZ[]USSYXVPIKORPS]TQSZZOQWPOTNPSQPXYMEHG?@EFMSSSNKQURSNGDAGYgkcX[YSNCDQYWPNOONQQMFOPIIJFOVX^d`VNMLFEEIV\[TTXRFABIKLKHILKNR[SMK?FPQNFAGOKUXSRW[^cx{xxo_SR[b]UVU`cZQTXZY[YRTSSU[ZPPXYWXZRMZYROOU]`\ZTKPSQLAJUY\WLNRMRXTNW]TPULNbfe[]a_bc_VMJEKTWXWMNUY]XMOTOPPE@SSNPRRI32HS^_WTRUZRU[WHMONHPZYY[`XJRehbVOHILORSTUUONMT\X\aWOJQREFLKIMLIHBIPQNMNGFEFJLOR[cfc]ZXPLSQPPRQQY\[SRRKGMRPHHPSWULGFHUTS[[LBCSVUSUWMBLQTQF@JJGHCKQSTRHHSUURHEJKS`]Za`UWX^[XSMRLTYPHNYY\]WYXYUSSKPNPSKSUYX\`ZUUXUX]_ccba\Z_eihe\VVYWZ]X\[UWQRNF@SXSPX\VPX`^_a[VZ^^\Y\[USXVVXULMUTNNLNSNOXXUROYdhdUKMNOTVX^WNSUONTRMRRMNNMWWTUY[\[U[_XYckj_nŠŒƒrbVQPSXVNUUPMOUUMNVYXac\XWVURQ[fh`QKDWaddfa]XWVU`f_TPVZTLNTYWZZUQRZZTVKERZcfc`XS^\XX]]]]ZSW[QQQJRWVafaY[_[PUX[]SNUQLQPV\^dhc\T^`\[]RWYYTVdi_M[s}xk]RPNX][ZSV\TJV\ZSR[`[QUXTY_^ca`d^SW[SV]]YZ_]`^^VPSX\WXWMPRSVVWSLU\XMKKOQKJMQY[[URX\gonlmfs…‡|jjnvxqf]MPUMFPZWPVSCJ]a\RNMHPSQJNNSWYRKRWZWRIIRRHMTQSZTRVRQQQX[XVWTLKHGPUWQNRLMOUXVPZ`YKNLDRaeaTLJPMGX`_XQME=GSSQMGJSPGGLFJYWRTUYTNRUUVTMKKAACLOHLKMRPPNALUTPRPMOPNLKPRQMIQRS\Zgsy}}wmYRRQVVOP^daXVYb`[\XSVUVOQVWVPY`ZTWRX[VRONOONNSXQGKUQU[XRRORYZXYXY_^^YY\ZXZXX[ZTX\ZO@KKNMGRURZ]ZOIJHPY\ZWURXZXZ[NLSTOHHJLPZ_a]YTRULGU\ZZ_`YTVSJPOJIML\idRPXUNT\XNGFTXVKKWdicZPRZbc[QTTV\YYNRY^ZUQVTPSSRUYYYUPSQPROSRIDIHGTYVSKKBMM;BNSUTQNNKLP]`[TRROOWYWLHEFICKOOUJ>HKHEORMFFDDPXVLIHENLPOFNXUMNOUSNIEKLQ_ii`QJVWQTVMDCOXURVZWYVNF;GENZYSGEMLHELPQIBBGLQZ__][Z_c_X\XQJFHHPWSOWXSZ]VUWSRMCKMPVSMPKDSSPUNGCLX[ZXWVOOLOSMDJOLKGJSTV]WNNSWOHLPPOQSU_^W[^bcb_]cZU\[PJT]aeeca\NPYRP[ZTOIOYXW`c\V[]adea\Z^^Yfkj]V^^WPT[\YXWSWWOFPRMPTPPQ\ZQW`_b[N[idQQ\dibXUUTTTYZXUILMTVRX^\^XPR]efZJLQQTVXOFTZSPVXQQTTQOQVZ[ZVNRWPS[dgdfllflu{}}€p]TMUSOQQMOOMNRMHQLXdh_VVZU\`hmf\VVRTTSY``ZXPU]a`SPPPORQNWWUVWYXYWT]XQ_^af]USXa`XROX[WRQY^ZcONX_ZW^\WX_c\RSUUVUZ\YYTZa^^bedZQ^[Y]^ffWNKT^`[NYrwncVURUYYWVTTSPNV_]TOMQRGAP[_`cd]ZXWWSKOZ[]\[\_[SMGRY`^Y\VKOPQOGQUZbc]RMMKDQEBHPV[SY]dgd_mum`t…‡|lntyqb\OCFEDKWZTSQMMS]aYKNRYYYWNJLNRSOGKTSNUY]^TMSY[ZVOHMRQHNTQOUTPOJHDMPMMRPNX\[YSSYUNLLKS[ac]TTVSAIU\YSQPMHLQNIDHMONMLKPYWWUNOPX[WLSULQRPSGKTNFJFIHKOC:NWSLGHGPTOQUQMGHPPMR[]kont|s[NIMNKBGPZ[[XWUYYWUUZXUQSX[VS\^ZTMVZTVVUYXSQNT[\[YQO]aZQUW\]XVY\\[ZXbd^[ac`^dg_bcXONIEJIMQSVYZWSPKKOSPNTUV[]^XQQUYUJENUTMU[^XMLPMHX^acgbMGRPJMOIH@CKOLSWHCPVRMAAJKKORRYVQSQRQQYZ[ZUROWXQKEN\aVIFIJGJRIMORWSUTJFMKHJNUYWOMTPQX\ei_SQPJKJIPMMQLLTWSN>QZZ_`]VVRNPKHIHQZNJJEIEDHOX^^]SHRXVNBEMTTJCELPUY[XOPNJZQFCKPRSSZ^]W^hg_[[_^[UVUTRTWWXWTVXUSVTNV[WPD=OUTS\_^\\]jsiUV_d][fkocWX\WTLJOSRRPRRRS\XLXRFKLQMV\Z[\T[ij]INdkf][WXQQWae[LOPQ\[QNRUYQT[bc`PKTZVTVXUX\SOTTSTX[YKR\XOFB>ORMGTZ_[]flmfYbrŠ’‡m^TSZYXYQJLNOONKLOMW]YX\cc]Y[__[X_bVQXVX^]YRV\[[WOOQLJORY_\TU\^XTOWbc_[Z_]UMW^_\UJPURTX\STQQLOUWVUSSRPUWQSWMQXWU[ee]\W]^_]TQTUT\ahkbYTW]^XSZaf_][TTYUOU\\OKUOO_cYIAS]^VJS]^^df]RTWVPXYY[XTSVTQSYYY`c\XXWRVYSICESTVXVY\TKMFHHTUUV\^fehtvl_i„Ž†wlnsrga[MFKFLRTOQUV\^XSRWWadaTRPPUXSNLFJQQFIQVWWZYVPOSQNTVRQVVLIOSRWQKS]UHDMHHPUTVTQ[XQQWLBLRTSQWVTGGFKRWVQIQXTHEAHVVMRXXXUWPFTYVUMMPJJKNZ`Yajkqz…xbROQRSNCNUVULLONSOKOQHNRTSUUSRPMIR]]`b[[\]\WWY\`^OFMVXKKUXcb[TTXWYZ[_\YU[`akkcXXYUURMOPUSXb_\[YTQRLFDGLSPW[VOURHS[]\WZ\XVSY]YTSMJRUR[^[LBLSTPRPSPCL\d\IXYPR\a_WRQURTTU\dhheXRUZb]WX]dcUNUXUL[ehgg[MGMW^ZRU]^^WMJGFKQOHPRMMPOMPWSDAHSSNFMNE>@EJRXSMNNMMMX[WVYVOHMPKEIKPRFDOVNA>IOPV[MJUVURSJILDCNNSVRQMHIHOXVTQKKRNMIDCO[WMGBAALTSPQSZRJTTMFGJJFMLIGQWQHKVgvs^KECIJPWSKQQGGOVTGISU^c^VVZTNQIFJOSRIEIXXSWX]^]^YNJQRWUPPRTKNMPUVV[b\PRTJNOEGOZ__ZQOX`e\ZZVURMJORPJRY\WLR]eeZKFKWY^\VTVYUTZ\abagsn\WX`bXTcqo^HKOLMNRLERWVZ^TV_]acTRYWXSXTSRPP_caYYjldZWUWYZSKW[IS_YcmfZX\[TU_a[RMS[aih^Y]\\VBMTQHPTXVRZXPPQJLMNKKOHJU[_fdXZh€€lYRUVVPRQENRRUSNIVVSSQUafe^LIWchlgYRTZX]b^SOZ``\SGINLRNP^_SOYZSRJCQUSLQUWWX[Z[dcWX[VVZTHILTUX[_\SOUYTV\[\[QLPQWX^cbaYOZbeaZYUOSX[gd_^ZX``WYc^]gkcXZ[TWZ_WLTXNQZ\[NOY\UJJMJKX^\WP[`VUclph_TTSV[ahdeda^\XUQZZVWOPSRKGMRONVW>?OXYZXXckpstvnPk}xb_nun[LLJNSURONILSXZWULUXY][TLMOSSUXXSOV\YNGJKO_cVGPRMJTUPOR^`ZQHGVWOTUTRMOUQSQUZUU\aZR[`PQXSOJRWUGHFCKTYTLMTVT[ZOSXVQMIIABJLSUONRTQH=6NUSVUVXVPSTRNGHDMUYVUW\YSPWXTFEIGHCR_`QL^nw|ƒ‚yh[UOW\TIU_a\VPQUUVTUQGKQLFNLNQQQOVX\]X]][\WTOW_`YZUVWPKORV]VLTZOU[\[_`]]^bilcUTXTKWYQLSVX]caYWYUOJD8?IUPS\^[`^MFRU]\WX[YQSZYQUSKJLGQ[VGFOQTSROPTIHY`]WT]VOTQPRVPEJUYW[\_dhd^]W[aZ]aca[SV\ZQWlrja\Z\Y`f`TV^\][PLRIJQLDISMQQGFJY[PJMNKIHOROLLKNZ^ZTH;EQRMRTZZTUYUQUPA9CIKQRZXQOKFGMUSPOFHRTNPX\\XQMQSIFJKQTSQRLFMLEGQP]^XQSZlw|}…€p[XUWWWJDV`aYTX`a[Z^b]\b`TIGGMLSTPOUYRV[VORRSSRTWZ]\WVYYSUVRMW`_UY__bc`_YVY_[URVZUW\ZVVXWRV`aac[NPSQHR\[NSTTYa]QLNR^a]^YRNUWTWVTXXNDHHFBEILMNQKIOJNW[OOSXMFJHHPODGPSZ]TRYaefaVRZ[Ycfge[XZVWU]da\WTWY[_a``]TOTRU[WDEF@NWVMRTJBHNJDJSTMSURLT\ZTHQWVQLLNWYSV[XRN?GNRSSTROCEJHR^YLKGJIKMVTMSVdi_ODIMQPUPPSVQLMJJLNVRMPJKTUSONR\^XYXUSVPNNJOTZYVPI@?AQY[ZYYTEBITYUOSVUUXWWYSW^^Y^_`YWRSVYXXTTPS`f_PENTW^_[VTUPHZkk_WSRVKINOTMUYYde^XPRSKU__`a_VORQPOKKR[ZWQONPUUWXUYYURXUMTVWQHQW]XXYLPW\cd^XUXYSKPLJKOKRV]d^SSOGJJMQY^WOT]cYOOHEKPTKLSTJQXVWXPINRYURNYejkecn|„Š…tb[ZVTRRRV[YVZVU\ZUME@LZVNTX`mmc]^ba\QRXUISZUV`b^]`aVMRX]ahg]YYWPCENTVY^]\]X[]QHNRYQQYICQRY\XY\YYYXXYWQRPT[``QIRQ]`^_ZTOUZYSW\ee^XRYa_RZ\VTNYcb\W[[TTVXMFNTSOHHMUXWWTTPDM]^UU[ZVakornid^\\WSXXPKS^_YPKLINNXafbYRPQTMIPXXT]]`[RYksqoruk``Xcuunpxwo`GQ[MOSFIRQMLILNPQUTSYXUQVTOLMLMOTPMRNGQZY_c`UGV_]PRZVPSUTUSPKDDFNX`[RJELQX[Z]^ZLTbaTRNF<AGLMPQCNWRPKLRN=@HOROHDGHGJTWRR[XGEB;EPWWRTPKSTRRNKNI@IJIFJPLOTNPPDBGJOTQMPIIMQSWm}}‹‹}piaXVMSZXYUI@FT\YSN\`WLNW_a^`]SLUXZXQ\`\Y[YTXOBKMHPYZPHQVTU[^\ZRTWOO^`YVX]_]VSZ]VNRSHMWWMMNQTKBCJHMWWTMIIONRUWPLEGMYb^TOJKOOMNJDOLLLOPTWTNOPQTUONY]WJFIH\^`c^SQSKDPWVUU]aed`WOUYX]bZ`faXU[]^^`jc`\^`WRPU`bZQKNRSNMNEDSZYPLCFTRPLQSRL=KPD@DGOVXUTXYYVSNTZXTSSMSOT_bYPX\US]YOLU`b`^ZQPSZ\hjbYXY\ZXX]kspaWY\VUU[aa[UTSOGNORTFIYZSTVUTXUI@CZc`QLPPLMRag]XXUSGGQY[UOJKPVOMRJEPWVYYJPSNVWJHKMSURLHHGHPXWGAEJVVEOQIIQW\a]RMNTRNLPOMMUUQYVTUORVUUSKBPXYXVUSNHDHCJW]UQXZXLIPRMKHDLFBHJOPQU_ZSKP[c^VVWSW[XRAHV\\UKJMKLHHQX\XRG9HQUSQHKRSPKEOXW[YYXSKJJVPQ_b\X\]XNTZXYXTRTSSQPSVUQXXVSTX\b`XW^bcZPKIIQYXSR`ccfh\LIPV]VORUUUXZPNSVULHONOPQPKHFIIMP\a[VTLMFIOOVTQRW]YWPOGEO^cb`[\_WV\Z[\YOLTY_aWVYb^XUVWVTRTTONPORSLMPMORST[ZYVQWY`c^\X[_edq†ˆzeT\NT[VSSLIOTVTNKSRURNRUV]fllc_ad\UXVO\ca]_b]X][Z[VRS^ed\QPSQHRTKGPZaY\bXQ]^TMLPLFVWTTQRXW^faYOPSVWYUT]lqf_ac_\XUWSU[UWY_dnoeZKRMFHMSYVJJWfd]Z`ZX]VGILUY`^SUac]URXU_c_XTQPZ_\dlokk`SSWVWWV\_YTHELKLW[[XX`^ZWTOQVSNDHONRVVdd^]dlplfdhebTmƒŽ‡‡ƒiXONTVVSOLCELNIRVSSRWSNQTTSVURPQNLOZ[XW[[\fi`^_]VTZ\TTQORTPMKSRG=DLQKAEKOSMYeaRMUZZYZUHKONR\\[ULEKVVSXXVXYUNEOTRPQKOOVXMHLUZXSLKMQMKPT[b`ZVPSLJLJKUWRGEEGJLONMVZWOKPSPNPX[\hstmy~qni^\c`ZOTURSSQQYb`ZTHI\c_ZWSQRZ\VLQU]cbXCIMKUXSKOILUUW[_XVZXYTUWTPSad\PTab[^baZXSRTTZ[\ZZXXPPUVYSBBT[VMJJOPGJQOKGV`eaWJJBDKPTRMIFCDJHMSWVRNJPOGBBIKMV]][LMXZZZZWSPTYVQLYefZIEL[YWW`_VR_b^XR\muqea^XTZ]ahfba[UTSWYRPSKNVYQZbTCOOBCAKTYTLMKSTNCCIUZTNKGKOTWPLLTTJNWVMJQUXXMGKSRSSONMKGPX[UMHBHRSLJMTWTRPLU`b^YVOGBS[SNMQTQX[VULNRRX`^SUVTY]TVXWVWMDFQZbd`YTRWXNLHNOKKKKEAHO[^WZYPKPTTZYRPHP]`ZRMJQXRD:?EJMTSQVVQJJTVRSPCJUTNMD>FGRUTRTVZXQMSZ^`[WXXUOMU[`YORRKKRWXTUW\ZY`_bhb[\dd_WX\ZW[^XQ[imogYLVaddd[UYXV^^ZXXRICJMRPAKWRRUWUURT\[XVPNJKT\][XU[\SU^_WMRZ]__^^`YQY\[QQXOISX^[TX\[VUYZWWXW[PHTTKUNHIOOLGNY^[VNXX[[[ZPJVloftŠ–˜x``_UWQSXRLUZXOETRNU[VNW[Y\dd^V[b_QQUR_ebbjib__^UNKQVYhnia\VVRW[YRXgme`ef`XXNLIEJIT[TRNIS[]`c^VY]ULJX^`_^c]Y^[ST]_[TPQWZa^X[ZVKILLOUMFQTSV`d]WTKV^UFBIQ[VPWZ^aZQPXdjkh\X]fb_]]bhkc[OJQSNRYXQOS[VUY[YQOT^]XONSSTSXZQURBDOW\[\_c`eljchrufYm„‹ƒv|vkdYULJMJQOBDOTTNKLJLIGQTWROV\[UOORUVVWRS[^][[\]\UPQGGPY^`ZPQWTILOOQOMLIKUWZaZLMVXVRTSKLSOKPY[TGGNVTVWOVVRSUMUWTQRTLKRMLQOJMNZYSGIOKPPNZ^WONOOGGGLNRUNNPNKGHLOOVWWVUXWQKQRXW^hiw†…wocbabWJCCT\[VOT^YMKCENYYQPOIMTWTONNR[ZSJO\[XYTOMQLSVVTRVXXWIBFNPVSTXXTPY`[[egaYUSRMR`a`aZQMNUZ\VNMY\UKMOPUPHOY\YT_db[RUSKKNU]\RFBGGBFLHKONIELKIHIIHOUS]`VVWW[`[SEAOKPFLaljZGP\_[UU]Z[bd^XUTgusg^[XVUS\ebWWXUXa_[TOSZU[_TMZU?DPKE=DENY[UGJTORXWXSTUYUSKMZ[WWQNADRWXWVQSUSOGHLLUYTRMCFNU]]WOHFOUJLWXVXRBG[b_ZUFIOLOIFEJQLPVWYVLWRNWVLMTTZ]XLOQPPQM@@R^_WNMLIRVVOLORVWXXSKQPNWXZUCIVTTZZUPSVUW\\YWVI>GJFJRYXNMNQMRSVVQRHKTQGLOQQIDHOTW[e_WQHJSTQX`c`SSQW_]MBFIIGO]c`YXSMIPUZYV\eh`W[^\URZWURYbgaWT`mpmaZX_]WVYTYYPEIRW]]Z][ZZ[YXY[VYYUYVXMAZ`^]\WTRPQ`iaTWY\ZTRU`aZRMGIR[_XW[W^`[YXTX[\SW]VW]SVVORNFPRTUMJINPPU[^YPIDHHM[d\ZrŽš—Šse`VSPKFTVRTTVSMSOO`c_VUXZ[d`ZYZXNY\QXbkjgd^][UUONQVQZ^ad\QJQWRVTR\ba_afbULGPWTRZ[TTZ]YSX]_[ZZ\`aWLBU]YWV[Y_^SKW]SNNUZTWZU[`[XPMNBKWWY_[WRUY`_RSYYRENXZZV[cda[YU[jtwwk[et{s`imgaagaRONOPVZVMPWWRPQTPHKTTOPOWTIFNUPTXSMR_\SW[]dinmf`kvrjgt‡Šƒ€vgaYOIILNW]P7EJOKIM]gfTIQX_`MPYV^b_UPTXellb\WVTIJZ^[XXRLPUSSPOUXVTMFPSG=OUWV==KRVWSMTQKQTTRGJLQRLKUX^c\N>MRRUYSMEDGLF=EHLSTYWNHITWXTLNG?OTNIGIKSTNV[VTTSIOVMDKKILJKOHMQX][OGCJKMPOMNPV[UQRQMFQ]VJIFKLNS\ZPHHMQX[XWVTMQNLRNKWZWVYZWRNMQ[_[UVPFJIHJMT]\ZUMMJHMXVTLOWTNPPKNUSQWWXVad[VQNXXSUhlcWQYY]^YMQWUKEU^\Z[TMKNSWZUV`a\[baTKMQMPUT\jnj`[epk^VVZZWV^ca]YROXZa]T^`^fgf`WX[ZZYXSWYKPVV]]`]RKOXceYPQVa^NW]\VTSLPXUTTV\ZY^a]YMIUZ__]TKTYZYYULFIJOUSPPKHF>HSU\VMKRSUXT_`lƒ‰ueXOUYPIRPRXYTOO[Y[^ZXSRUQNVdeWRH[dZSRZ][[^`aWVOQVZ_c[U\Z[THOOQURORV\YWXVTNTXSVYRDNX_^XXVSNQ[Z^]WRRSOKQUURZWSZ^]ZTRU][UTVZ__^^YSRKMQWc_VMP\dc]^]VRRNOSTPWeh_RX``_emqpiamyzsnigfahhc[QQLN[[NANVTROQRNPW[]WSTOOFIUTMHFIU]ZVMRUYhpoke_gokf^tŠŽ„vbd`OOPRORZ\TSPJKCHMINMQWWG=BGLHKLLINTMJKSZ^\QGYb]XVWVTPV]_SNRUVOTUOLGAVbcXRSRUNNUX^_\SS\]TWZVPNSSWX_cYJOQLFJTVUTSVTPSVUPPWRJLPUTSRH;DLSVZUHII<>GUROROINUTMFLTXSRTMJKOKDDKWR@KVdipzvtpbZWUVMIOONS_b]TRLFMVXJCG@>GKOT]\XY\][^XQSRNPRWWYWY_^WWURPMMLQICSVORTUY\[[VXZNLLJQLFQUNJRRJMUYZXSMRUY__ZQV]YXWSVTSTFBKKIJOUYXWM>LOQTRGMWQNQPJMKPTRYXKGV`W]YWVQIJFENUYVZa`SSVN^bWLRPRWUQNW[W]eb`_\NMST]f`\SIISQRTSUaaYRMIONIQWVVODDTXVTMRTMKNOSKIPSUNKTTW^WLGHHFKPTRE<@EJFIIPWWWQPQQQOHFJLPNPTQGMOSUTQX[YY[YMIMGIOTOGKNLGIJTZZOEDMTMDHSV[SRSPKMPKPUUQMLIRVWac[RJLOPUNOYZZ[RDFC8JUWVQLKMQPSV[]YUQKNMCLMOVW]_ZQJMPPQSPKGJORUSUYVZZVQQYcaYRLGOWblng`UOPYbf_XY[SNUZYY^[VTUSMQQSUY`e`ZRNXYSOTNMfqrfOTgg[NNRSNJR`dbZSUYZ]bc^WZZ`fdYQTWWZ^_XYRPMJUYVQLNV[^b[LOU[a\QWYVXXWV[ZTUZUORVUWZSKU[XURPSXXTRMKMMH>CQWWQJ@KMIKNUTRUZ[]XU]]Viy{zthZQOWVRWQOTZ\[ZWZ^bb^SS[[RRfphXSLWURPSKJCT[[\]`XUS\d_ZZVSWUMTZ_^Z\`TJJP\a[VVNMRRMUcaXKR[XRPZaa`VUZZZ[Z[\Y^aYVWTORKMZ\\TLOWWPKPVZVSMIY_UPX]elkhb]WV[_a[OBJYYQZa_^dt{yhX\inmjfZTXZXXY]`WQY][VMQSQTXTLW[\\[TI?NTOUXUPJGKV_UKUYPXelrk]\hkih]rƒŽh`^VUNJMJKHQYVOKIHRPMQQRWZVRPNLNNNSVXZXPRTVUKLU\ZV\aWLKNQWTNPSSSSVUMKHRY^WOGFRTSTOQV]]VNNT]`YQJCKSNO^]RPXXPNUUSQOZ`WEJNKMTRJKNV]^]ZTQVXQRSMDGJKJLOSQTYUQJ@GOPYWMLHMTSJDJNXMCTX]iry{s{taSRSSOOQONX`^WYTHGQXULOOKGDAOZ\[X]bYUTNSRPVSPSSY\\[VNK@JTXVTNJUXOMURUXX[XU__\WSQKNQMRUZRNST[\WSSUSV\\\XTSY`a]XOGUSLGC?FPQLS[\LBKFHRRHGKLIILNOUYWZ]WRMUZaZORZZ\[ROW`dee]QW\PIOLQUTUZXXXXUNS]ac_d^X^]\]YTQINXYWRJOYa`USRNJOMNNQKJNKKNNKQXTQM=CNQRVZRFHLT\\WTPJDAHOUUNNNPLJMPPKOKJNLIJSRMKSVTNLNPLLYYPMTX]YZTPLGRYVLHPTTLJQOMKNC>FQUVPMV_YTVOD?GNP]ksj[POVY^d`WMTXLGIQ[XRVRDIMHPTVWUTYXVSNMRYWUXQQOVNKPUUQVXQJEJOSVUSPDADHMRVRSXURHLY^YNRECYdijkjeSR]`_`XUNNQNLTYZ^_caYMIVVTPP[a_\[\\XPSQQ\hmeWQS^_ZTFEJT[\WXVWTJP[_a\SNSOW^YQNJKX^a[YVTWUSGNSOUZVUZ[UKJL[ieSX]\VV[[\[\bd_USVSNIFQZ\UPOSX[TKIKSVVOGJUVTUVYYV[_XJLX\Z\`baYS\p~‰‰{fTVZ]_bd_W[cdffbbf_heYWTPUX_loh`WHERY\[[YP\db_\]VQVZXRWb_VVRKTY\\XWSSQR_`\[VUV[UGW\\[ZKV[]^XQSVOUXSNNTX^]bhf^QKMKG?GT\^YVUXZ[ZY[ZUMLYYRPW]^eom^UXY]ed`WUQQVYNSVZZgvzqdX^heZWRQTQOQSX`YROJQTT[`[TXWWVY]ZZ_WRIIRY[Z[SBLV[VJM\LJScpvojkmkknm”˜Žvmh[YSRUPIIIY[PLMUYQFQTQZ_YTQPARYOMLNUYZZYUPNJMMPNKSTMLIFNTVVQMQURPVVY\^]XOI>LY]^O6BQTQQFHLDHILGISVOLPJCDO^a[NIJJIQUPMLOY[^b]TOQPPVTGFGLKPOKP[ZURONGSVUWSHDIOWWJHLSXRQRWaiosvutjb^VQTPPRGKRSSY`RDMW[RJMSRTULLRX[OIMLNVZTRWVSPQT^XRQNPMKPRONNRQUPKPILXRLUSV^\VNHJNQIS[^\XZY\^TQYa[XZWTOMQNZeg^TMPOPVUICQZWO[aYNF>FPPAELNI@FLEDQQWYZUPQZYUF?S[_]\^XU_fbXL?MUNEKSRV^[Z\P@DMLJQ_adc`efhg]RNPT^_TQVQQTSNOQPFIPHEHIDUMQSONPPUYWLHSZWQIDIPSSTTUMNOJKMX\UJBLMNPIKOHEHFJNUWUNCHPNNNRTUKIVTKMRSY_ZQJ?HRPFGQY[TLKJFFECDLLGMTVYYQNWUOEBOTQTccWQNFMNY`]USUTPMX\SAJMKLMMGFLLS\[ZYXTQQSTSRVUUYSGDKO[^[UQPSVZ`bb^XOQUTRLMSPKMLDQ\b[LNJGSVUR[caYLV]ZVY]ZPLSRRQZ`c`YRNRSRQRR\ed_`^YTOSNOY^c]Z`_`b`SGLQVZ[YRQQQRXZ^YSTWTONSXYXTQS]]VV\_^XREKRPQUTOOUXTMNVgh[W[]_`XV]`c[Z\\V[`[VVUSVWQSYY][UG>KYZPJLKOMOPPRQRQOMPQQLMZefdkifpŠ†xfUT^cabd[XY[Y[bgdiia]ZPT^deeZS[_b\ZXUTZ^\]]b_ZZVTPKNR\cb]XWRTWSUWRWWOTVQQSVX`cUGWaeaNERWVSRQSY\VSXXWWYW[`bbZPMLRUMVZdg`SSXYZeliaWWW\_[O_jf^]VNSTZbdb_]^XY\VRRQQTbjeRIW^UUWVQHDGMTX^YVTLOQRW[SEJRSRSWYUWOQXLHY[ac]TR_YSGOTXIPU`egijgfglitŠ“Œ|ojVKMSYSORKIODDLTUTSVVPPXXTMJEIVVRJJTYQPVVQNSSLEHQ\YRSIDIFGTXMITUTRLKY]UJALNROW``TKIJHNQFHPSVOCMXZUJDIQVVIIUTSNV]_XSQOOJNONQNFQQPXYWMEIMQYVMFILQWZST[SKR[TGLHNXUUULJTWPJKOTTOYdefjwxrphaXYXVTSTU[YXZ^XMLOTXTONQTUVVQPRNLTPMRYWSQMOT[YWSSVUYSRQRTRPLOXXTTIFVYQLQVWWVTOKZ`]UZ\bfgbZURORTSMPPTVQTU]ghd\XUOJQZXMNTRHHRNHNLHLPKJQRTWWVSGCLTYUSNHOVTWUKTYKCMQQN[\VQMRZZPKKOPQP]bXLMRWHN\]WW^cdeec[MIQ_c]SVSORTMJPSQJEKSZYOBELU][UUWXVUYXWZ]RCISUZ\RIRRRQPSXWRSRKKNKKIMTMALHFNSSVTKJSPSUWTUYXZWHBFFUdf[I9@OFGRTPRRPQNLKNGGOMBAHVWSTQPOJMOOJHBJXZYVLOQRZ`_VTTWTVVMGRWOJPRKBJHJSVVRSMIOTX^[]XRVXRCEWYRSTQRJHSTQY]ZVVUPLUZ[XWLFGKWRVSLNOPOSX_]YVZ]]Y[YPT[]`[dihdlw‚†}ka`WVRMPRNJKHS\QMRX\^ZZTHMGJSX]\URRLJIKPUWOBCNRRUY[USEBKOPNOOKMUVQSVW[XN@>HKCFORSRTOFNIKVXTRIPZYRRWXSJJOX\a\PTQHLMCLNPNOPUWRMTVPNTUVYWNOTTOG=HSYVPMTYWMOTVNPURMLUOBTddZSUREIQ[ZahhgvyoaX][PMPNJOTWZSOMRSPSVWTRVZWVROTZYTVUYZTPTRKRQPUVYVSZUJGGS^\RRLAQ\[OJNSNL\`XQZYWYRMPVQKQPTYYULISSPKOUSUXSIK\d_SLTWOKLGKPLF>AC>JSOFC@HOWYXXQLLMOVWYUUUUJHONLAFLECMQHDPSRPQOOSWROSW[_^[a[QOPZgi[[cfZTWVTPU^`^\XZVRSVOQVTQJB@FTYZVRODKOQU[QSUQTPVTPZ\UNMVUQPOSRNRYbcWKJONICIP[]THIJEKVXPLLLJIILNDL_ca\RIAQX\]WJJLR\YORY^YJLKNLILLMSOFFOY]YRROLSWXMNOGA@GKJIMMOX[UKOVWYQIOMJCKQNLX]\TJMSTSLMMINY_]TOPKLRQIRYTI@KJLKFCQWNLOTUK<;HPURNSRLHJKIJPPRY]^^]a`^Z\bXTSX]`ebWVTOUVSSUQGH^rnaSOOW]XSOQSUWXchd^LISXWWRTTHJQUTW_^^fc\bb\TSVZY^_SV]\VONX^VLVaa\PLPPOVWPONU_`_agg`WTXXQIMTYa]UUZbZMVZQEEM]cc_\YSMV_\ZMIKRRW][VZYQTVWWU[Y^dd[Xmz…‚u]abWYZXNRUKMS[YZ_\]RABOMPZ_VP[b^WQU[]YSUWTMW]\]\YRUZYQQPKKFOY[ZUQ]^ZWYUUVWRV]bXP\fcWFT\ZWUY\`hhZFJQR[YOJSW\[[c]VZOLY_^ZIENZesq_[hi`]cdfbgsum]W]]XQRPSZa_VTRNKWWWn~yi[[TKIRZZUJRWTSSUVMLQVY[TGSVRMNQTTNMNQTVTYTMRVUXSPEWYQSTX_gef`eic]hr{†‹…qhbUONQRRSUNOXPINTZYZZTOLNTWUPOLRX[VOKOTZYPJSUNIOPQUTPRXVT^]QLFLLKJN^d^QNHGFJEGFKRUSNPTYY_[UXb_LJRUSSPV]_^\QKNKKKGHD=KQUQKHLQTNNQSU\[QKMQVRGJQQMJMMROORPVWPSVTSRRJAUb[GKUTGDPVfnlhjtrbj\__YTPSVY\a`^ZSMPTYVQOOOTSI?EV\\QMTXZXQOPLRTRTWWSN\`[UPQYYRWSDF^aWNRTPFT`]XXVVZQMW^YJGGRYXPQOH@GPOONTXUMLV\YTMKFEFMKJRVUQOQOOPQJFIHJZ]SKJGJSUQT\`aZSOJGHORQPQQUTRMRQKW\[XXZTNOPPTZY\[SRVLQ\`eflcXZ_b^\[`fe\YZWXXOPZWQMIQSXVRMIPIOSSVZSGRY``YWPRQNLJPNNSQMSTPM[`YI;HNLB>JRWRGGKFHLQTQFLRTUOLDH\ki_RHE?G_ed]SOPXZTHFQZYSFHQJC538GLKIGP^]RPOQQQRKNOLE>@KSYUIIIPRMOSTNQUWTMHKFLQIGTVRCBFPTSMCMXYUPLGACCANWWRKQXOJH?NVTYdf^SYdh_Z^]^`ZPXaf\RTUOPUV__^ca]db\RRX\a\VY^^YXemkbXMQLSWPS]YLRYXXUYahg[\`b][`VZeg^RWYWOKU_XHN^`^WGARVWZUY[U[]\_ioh`^_]ZUGIUZVGEO[^Z[^_YQQYckg^TKLT\`a]TYaaZUXXWVUOTTWRQWVX__V[u‰‚ddg^XVT[Z_\WVWVYb]a[XVSOVZW[YY]aaZRNPORV][[UVZZWU]aZTNQWRPMS]YVXSXTRSQWYX_XPZ`aVQ_d\MPTLXXU]^`fbPLPKTZWOSUSWRUZ_jf\]]\eieacjlqld\_]SMIIT]kstnd`[PRYTJJU\^YTROW^_jwxeORLMZ[VWWMIVTTSPOJGJR[c]LHKNKOMIPSQSQPSQWYHGTUYYSKMRNQIXdlonnnmf[blqŽmh\TRUVU[`ZNRUNMNUOT[VJ?CMWWRILOUaaXTTW\[TJKRI@KQV[]ZSW[WRURKLQSNKJSa`PLQIDMMMNMLOSPBQXZdg^TOLGJONITUY^X\^NLKHKJMMOPQTTWSINPNLKOMIRWTTQFJNLJKJLJCLPPFDFNWUQWUPGASVR_eXMV\S?FN_ehfdnvshug]][VOTRSRMKSQGOUbfbWTWSVWPFOYXWQQV_bVLI@JOLMPPKNNTUTZ\[WSVUPCJSRWXUJMQXUOUY]]TNRXTU^[TSKDPWTLIEKNHNYXTUTTTJKKEGHKQPQSSSUWNKKFGHLIFR\YMMLEIORZ\]aYNNOOPJPQQJQXSJQ[]VNTUSSUUNE@AMTY]ZPNRPASdkcdkh__hkib]bb`]]`VQNMTYWUWVSTP>BEMNNPOKTYWOT\YPIPJHQKNURLMNKKMOJHSQI>FMLGBALMKOOPPHC;BGGNW\\XLJUY`d]LEHLFR^[\]ZQIIIMQQNU[[VLKSGDBMVX\_^SNNNNMPQSOMONGJLIRRNTZUZb\RJNDAGIOOLNGBDOWXSXXWZTMPQNJMLPRSSL?KMIMNSQHAOUX\PJX\SKJLKNNKQXXPIMXWUTJGHRWac_VSVYZYZ[bgd]\_`\SW\[SOU]__``cedeVMMUccZSW\\NMQRWXVTNILEU\ZMLY\YTR\gi_ZYVW[`]`fg\RNQXVLGW]QJOW[[QLMMSTLRXYZ[ZWcfb[VSNNVWQOWWPMCBUbaWS[ZTQNUb`]]X^dec[XUZ_WVX[ZTMHIOWUOVRIR^_Tf„“|pj\WSRZYZXSOSW__WLPXP\UGMWQPROU[ZYTTZ_ea^\cd]^[ZW^a\UQQTTQPOWTNOOMRZ^Z\^\_c_\[^YU]^SLRW[]\\a\UYYTU[X\a^WURPSQMHQch\\^Y`kkjjmomme\MHLVYUSalqw}ziZUWZURSQLU[]ZVQQSYfpn_][RVXSUSUVYQOUVYWOIGP]___^_VOUGHMRXYUOPPTPOXZRJFNRPEHLNalmghllhaX``h‚Šxkc\WYRORYZNLRQNLLMO\^VTWRIGMKJMQ_c^USUY[YTRUWIMNOW_[TSVOOSPONQSXRSW_aVHFIJHJLNQTUQRRU[UTY[TQMNPVUPGMPZXXYH:GRUQQOHKORUZYQRUTSQMJHO_b^TJMQRLCCEHESRKEELMMNPW\VNHLSRRZ]YYZ[RJKWZWflq~{jm]P[`TSOOVKCSW[UV]ecYHNVVUXYZ[WVSLPURKIPSQQPKG@=CNNHHRY\[USLKRQPFJNTNCIPQRT]`\N>LV[R[b[SQKFLMJMJHEHKPPOZ][[UMECGJMNLQPGN]aZRSUJEJD?NTTMEJPILNQQONQSWRTUYRPTSMOXOQbe^Y\YQEDT[][OU_bWN[\PNNPPPRSPJJIMLEOWQJNJCEEEJVY^ed^XNEELXYWFJOOSPLNLU\SIQXZXMORKNVYUSTQHFNYWVWUQKKUX[\XQNLABKGEOPMMUVDEMPW\[MNTSVRSSTZ^bhlfVP\c^^bdb^VUKQRLJWdia\`gjh^QHKW\\YTWYTSRNW^`\WM>:K[\MDU^]YVTVZ[\TUZZ[_b[VRIJNRTNKMKOTVWZUURQQPSOPZaee[T[]XX[ZUTZ[ZOELMOSNP`f^UZXSUUS]c\V[[`c^[WYUSQX\ZSROOJQWZT[]XSSZ\Od‚‰…xl[UK?LZ^\MBEIW^\UYRWRQSRTY[WSPU`]ZZ^gic\[^[Y^[WZec^TMFNYOP_^SNRRR]`ZSRRTY^_^\RLRVZUQS^cdaYQNLRWUWRO[^RNRRVYTKDOXPUYSdsuqggrnfd_UISXYUNT\cgwzteWR[b_ZTEJUW[YQKUXP`pnc]WY[[\UHJKEMUZXWQNKKR_a\ZdXHIKQSVT[[RNOLIEPYVRT[\YLHQL\ijcZ]]bilgebo‚Šˆk_a`[MPQIAMTSLLMIP\aVV[YROKNPGDR\^ZVQUXYVTWXTQZWKW]RMZWPVSHLS]^]WVZZTNPSSSTSPINROBHNTTOLSTRWWSTUOJMHIINXUGAHSRKDCHOSRTY_^TNRZ]XUQTV][KNPTUOKLQU\]KHPQQKPVVW[WKMRQIHMLSZ^XA@S]XYhpy‚…xfm\SWTOZYVOAMRUUZZX[RIIMV[SUPORRNLPSTOHHPRQSXSMMGHKOKFDDNSRRLJJGHOTUQFHSUYWXVU[YTVXQPZWU[\UJGIJJMQVVUQMT_[UNGDCJNMLIRUKOZ_WLNTNJQSOOTZXTRPPUW\\SIMQSWTMGLR]_^`b`^[XVUQX__VRPPWXWW^[YXQFFOWYW[dZS[_`d_QMLMOVbc^P@LUSJMXYTOQKHONKQRQSNP\]UIKPTPDA;KMNNKMOQPRUU[]XZ\XVVT\a[[cjibTSYTXcbaSSVMOWY]doofV_^[WUVUUTR_d\\a`WQNLU\[SPI?IV[XQX[WUMFFM]eaVVTUY``^UKC>DIIHJOU\^Y[][YPNQSSMPY[a`ZX[^bf`YUV\^ZVVVNMNU\b^XOPYVSUT]`Z]ZPKR[[VX\\_d\NPRSVRHLTUSKLOJUXPjŠˆ}h_^ZQQWXVQXXQV]ZTT\RRTUQR^`]^][XUV^figcZSRTTWXPX[X_\RLT[]`_W[c^QVYOJHQV]`\\VMOV^`XLT_]Y]]TJJJW[ZZW\^YQOIP][OMRQO[aZUkvxo__aUO_d\QPSSRLT_gnri_a\W^]XWYVUOINSUWY\cmqka]VSTZVLJRNMLPVXWTNROO]ULPTNTSPSW]agf_QJLJOW[WRQOTSIPNK`ijbX[\mxvmhhny‚‰…|ie]TQPJ@BNSOGHCALVUUTSKOMSZSNJNWUSPSSU\USTHJU[XMMPKVXVXYLDMX^\RFEMSXXTIIUXTNLXUJFIEHKPTWSXWNMPPNNGFDKPSWUMKDFGINQTQNR\_TIKRY\^]TRVZYSMMRMLSSPV^XHU[]QKPQVYYSNJHECRVNQUUIERSQUcigtƒ…yeo[ZUTX[UPRWVSR[ZQPWXQQSPLHEJRQDAIOUWVWSHHRTOHECERSQHA?JPT\\SKKQVTNPUTTZYXZXOUZXWY\\[QTXTY[ULGLSVVTUYSMUX]c_TPSTTPIHKGMSUUQLFDM[bZMMZbb^Xaedb``^XUSSUTPCP^baa^]XPBHZ_WUVVQMMTWXYWOLPSOKORRRTaf\U[ab^UQQPRZZ_[XTKKNKHMQRSRSTSPLLKHO\PJNQJKSPLKMKGHNONVVMJIT\YUNCKPMDGNNNRRIHMRUVTQPN?@GJLSVRMSVPGEGS`YIQTSS[[SUK?CKRUUVVTOOUWUSUYXMHJHHKKFLTVSFIPKO[[SVXSQKFNPUWPR]YSTOCNUSRMONMSND>EMWVVUW^_]PHJSRRNEGRWSPJJGJFEKSVP?EGEMOGIMQQY\]WKLX_[]_^][Y][XZ[WT[_`^]YODKW^VT\gjg]SMIGOUTERRQ]ZRW`c[RJR^gi^[`^WWYTPSNORLFPclfYSNMJOX[]USSGCJPSMTYVQVXQHJKV\]TKMOZa_Y\_hja^]XQYWSUTU\dc[Y_^PP[VPNEN]a\][RZb\NKQQUaaVNUWZ[POURQNQYULVSNmˆ“’…s^\]WTVX]_\YOJTZ__ZWQGNYbbSX_WTOKVcd_]WNOWY\__VPQ^aZYPW^_]TS]_XRMBDQ\_XY]^[UUZ\]YPOVYTU\\RLUPWdgaYUUUREJ\aWNQWUT[XL]u}{rdUCDV^ZQQTVWUY]ceipqg^WTVYXZ[WUYXX_[YS\ce^ZWQUTUYSPPMPNMIPYZIDMOOQOLRUZZTVQTYchhb]WUP[aWCDJOZZRGKX]fbYSV]mupkhnlw•‘lcZTOK@FLNXWJHLS\]\ZUQIHSZUKMRVPGPPVVRSOQPGNTYWTQGJOOWWUUSJPWVMQRPY\KEJKUURSOMCCMURMLSSRVNCAGOOMLOOPNBNXWPFOQLSQNQOOJQTQQEOVQTUQY\]VQIOLOTQMOUWTOY]\RKJRWWTOKGKEFUSNKNONNQMK[hokhuyiYe]\VRVXQIRSPTVUOINSWQPOKGGOUPLLHBDIT^aYNNVWVF@CTYTJFIGDPYWSOJMXVLPWPFT\_``MM\[LES^c_OPOOTXTKGPSMFGPRHHPTah`[XSHIMQO>FRWSTUKCJR_`VLTfidWTY[__\[XVNMQSSJLOWYYVW[R;8Pfi_QQNBKQTYYPMGP\^]a_[^\WYZ\[WRWX\ZQR`cbcb`RKSSMNKHLTZ_ZMELMOXXYRLLQV^YOSY]WGJOIIRROPPW\[UQQOKGJMIMQPSRSMIFGLPNJFJJFLRRNJMNGJKS\[SUVTNSVNLJLRRMNJELVTLOWOBESWSRWSLLHALU]^SFJGLY^YVUNNRSSPJMLX[][YUHGPWZUTZVOMPKGPVUMHP_dbXMGFHJWXTUUDOOLRXVQVTX]WQJJQTUTOQSRXYO>>HXdf`\\]\ZURR[feac\[[\[M=JRWQTY`ef`VMEIR[]ZWSOSXUQ`bXJOctyqace_`b^VQPQUSLL[daZQP\^VY]ZTQ]\YWWVY[ZWSRYXMLPRRRNNTRXdhabgf]LXb]WWQFJOLTac\T[`XVZWROLLJRPKRX[\WPOLQ]cc[LRWSPRVRGMTS`f_[XZ_j|Œ‘‰ub[UPHO]aYSRGFYaa`^_TNW`_WVXTQPEG\b]XSVT\\YWY[XU[_`ZSRVMNTIITYVRNIW]`^XVUYSQUXXVTMKLRLT[RNQPR`ihZKQTOOJIRWSRU\SUWRYlzxrqbJEP_]VMSWQMNRW`goti\bb`a[T]\URRT\ZY\_b^QOYRMQNOPD:GT[ZLKV]SBIOOORQTTVXXUHIT]cc^WMEGNZ[XWVW^_RAFXZWYMGFR\abcclofy‹†yiaTICCLOKQVSOOOSUTVVRM@QSNQLRVTZ`ZXXOJKKMV[]YUV[SFJJNWTZ^VLUZIMRILVSEBGKLOQILLCIRUQUVPHMMLSWVMGGJG>FF@INLMOPMNRWWPQRN[[TOPQPLNHKY\\XYVLOSSONRRMKPQJNPTZ_\YXMCKFEPYYMS[VHJOSSZjljqywsi\ZYQSZVRRUOIPQPONOOPROMOQSSORSJOLKOQYYQNKJILFELTNPHMREFPSTOMGR[WUWPAO]c_]VPZ`\WOKNKLIHRZYPOPWVLKNQQG@@DMY_`[UE>GHMHLLMPTVRKHLU]\SOZba]UVUZSPNIRMBHRYQKTQWVPVc`NOWTMIIORW\`\\\UPQZ]^VY]ZXSPPV``baSSOJH[_VLMPMKV[VOKJKX]ZVKPUSNJHGNQPQHFKHKV]YSVPP]kuwvtk[[OOUQJPPH>JSYYPJNQDNVXYQSV\cZTOJEFRTPNNMJHCKXVPMOW\\UPQUTSZ_WKDJQTUXZXPFENKCNWWX``[QLPPX[TLRRIKZ[URUPJNSNDHKHPPRX]OAHLNMILMKLT\]UWTOMV\\WOPTV[^[WX_a^\X[ZYaeZPMRMS[_[PMKCUWNGMICRWPRWUWadfb^XYXPFJSXY^[XZ[[[YK?Q]VQY^WURISVae\Z\ZSIORONPSSMNNOKIKG:ESWUTUUTOGLVYXK=@@?BFBTd`TELSPUUTNNPOIKNKNNJHKU`_Y]^WNGCIONMMRUOV^^[UNHFLQUQNKSSRSPLHNRS\[SIBH]ZHIFKXZUSQJCCKKNSVTTRTV^bYJNUVSWRN[_WLELNLTVSMNNMRXYYWQIN[\TKGFHGLW^YOE@?LBALKLQ^da[\TRXQNOSPPXcbdfib`feXNMSTU]\STXYMKIIMRYZZ\\`b\VONR\fmnjaUVVSV\\WZOF^ab_[Z[]^ZRSY`ZRS\a`ZRRLLSTXU]a]ZYWZXZZ]eb\[Zfg^TKEMT]c`SQWRYaXPZWOW]WWXWRMFSZ`_^_]\_]SLOUX_e[MPUOTTLO_bXWVP[ji`pƒŒŠx^UUTY__XNOYhjaY\\ZZ_[USSNSXX^^XXVPX]SJJV][Z^aeeZTbbV[dd[VPQVPRTY\SU[`ef_UY\XRSX[_[QQQUUWYTUXVSTVRNKM]ZR]`VTVVWVZZWak}‡ƒu]WSRV\UMMPY][WXYaefaXXZVYLFTZTSU^jh^X]`][[\]ZU[`TBMVZ^`\\ZUMHGHONMJGRSNGO^c]PU[VNKJNVYQHP[]]\MNSPLPJJRY]dg^^h_XYdu‡†mNRZ\UKIV[PIRTQT^^WLKQUUNNV[]YWbb\Y[RHNRNOUODDLWZVZXVXWTSRPMMKGKPRSWVTW[][PJEMTPPOHMMFDGQUYXOJNPSVWUUPNSPPUY[UIFLSZ^XYRFKTTKLVWUU[ZRLMICINRYVNMOTPR\WRSLG=9=AGORUEALVTX\WQNX^lxvtyufZZTTNLQQOFBEQ[XONLMLNTVWYQNYXRVRKHINLHKPPGGJQWWTPNIHMMLPTSSWSIGAKRTQOVP@FLOTVWX]_\ZUOVXXZZQNQMEOTUV[ZUVSTRSKKKGBLXZSIAJSONSOLDFLPUSI?CLIOQRUWSRS\[URWWWUWWVZVJDFJNTab[QJCLKJIROLQLNPONMNRTNZa`ZREDGEBQZZOET_aYJCINLKNTVTQTYTPNQOVbcVJLLRSGENOV_^URTTSMJVYYXSJOUS]\ORTSQUZUXZ[YQG@>HTSIJIKMPUSTOKQSKKSM?KFHPUWX[VOPTYWSQT[Z]]YUOUYTSTY]\_\ailg``b[XXYTVaeYNPNKORKMSXWVZXT[_^WQHM_ecd^TQTOILO[b_[_bbba``XQMRTU]YPKX_]VVWPLFCW]ZXKQWUW`b`ZZWOTQU[RRNJUOR`^^\]XY^^YWWYbd^UX]YVRRZ\WPO^fhd]QKVX[`c]WPNRSJEW]ZZWQSbmdXf‰‡ug[^^YYSJIcplXPSSZe_Z\XRU\]``XZa`fh^TSOSVTWZ^`bYUUUPT_`ZWYTOOHRY\VW]dkh\MIKKDLYaa]XNLLMT\_]WVSUSUQHV[KJQRRRQW\]ZVWfu{yn`MFJQUVS\^VUZWGAR^ebWVXXWXTR]YHMZae`WW]`]YSOTPT^^TPXXTSMEILJQWXTSOOKLQKEFWaaUOVTOSSNIKTJFMV[WSTQUZYQ\`_ZVXWX]]T]em‚’~cWYRQLMTXPHQSROUXWLJPXYNFMSZYSWbc]VSQSOMNOKHEIQLM]cYRLKUWPNMLKMNMPVUSRQW[XRRKNPT[XL<9KNNQNPJDKLHMLQSRRRKKMMSWQLTQSXUQRGJWWTRSRLIKFGEGA=IQ[`\OOMTRMGNSNNSSTNMHMQNMJKU[XVQEK]elxyuvyq`X^[\O>BUYRKM^g]L>DNLP\[VNORRNNUTMHKSQDIQQY\W]cWKMLLMTVPQPW[XQPLDGPTMNSLLQM?IWWTTTTSNINRWWUNLLOSX]ZSPQY[YSSNKB8?CMRWTHLVVSNNNLDGIPSNDFG@LXZXYTHKUQMMPVYWPRP\_UETYUNT_`ZQMQVUOPSTV]b`QTimd\bebZNJOUSW\XPPEBPWZab\QT\\VTRTOJ@JV_d`ba\VOIBOXUWWRLIILORPOLW\WJQY\a[UWSORSNMNNNKE>?ANKGNSPJPRJGFIH?ELLQPNMGMRRROMNH?ALRSRT\_VCCNPPKOQRXVOSUWYPLTbhbUQQQRTTTWX\_ULSUPKMSXSTSMSUJINNRQMJNSZ\WXcd[OF:DMGENQLFMMKRWZ\UMQRMBKQJEKKMNUSHTZWNPURRUTRNOOPU\djeYSUYTVVZ[QX_]YSR\ZSRVVWXUPNNX\YTKJSX]XHOXb`\\_]TPSTSRY^dc]XWX]_^XVYYOIRVRNTYZQSTKJV_a\TOW[W\_abYSQJQQPWOCL[a[NS\]XRQOVW[\SU[_\YUbbYVXfleZUYdhaWSR`c`XJNRMQTXXRZ^SOWXYVcjg[l‡‰v_Z[TKOI=Wejf\OTVW__^YWNU]XUSS`bef\SZ\ZSNX]^eeaVKEPPT[_^Z[NJHPSSRNSPZ`]T@GVWLKX[_d]MKTUZWSOCBN]hd[OQUVQW`a\TX_^bckw{wl^[ZVY\QVWZXTQI>@S`b\OSYZ^ZWW^WPLS[]][\_[W]VEPWVU[^TSZVKFMPMGBIMRVTUYXZ\YSIU[VPROKHPQROMLKMVWOHQLQY^YOje\VVagb`abee{ŠŽƒpYTWUOOXYTONOLJHGLRQNRVRIERSTNRZb`SNNFCNRPKGLIKIOUYYWUSLJGFJMUUW[UONHHQWVVXURNKOZYTPJIOILSVUNS]XJFOPOOHINQIMVTOPKJIFITSKMYVNIQRRUTRE>9;@IP[XKNLHSTNMTVSSNNLKKLNSSRMIKNTROLWb_hsspuunebY[TIGJWZWQU[XMEJUQOXZPOSNOMFIIEMOPM@>GRTZZ\`\WS\[YTNONGHZYTRM>CHPPOPLJMPPGKYXTTKKNKKGHR]SCPTT\b\PJJTWUJGNSPLHHGEOSOPUQMKIGJLJQNECDLOHJOSWWN?KWSIRPS\XTGL\`[KLZ[YTXaijbYQNINQLHISUVVcli[WSW]XURNQOSWVTRPUYZZ[ZVPS`b[LEMM@;LVWY]]XYVUUPTXSVZWTUPNLW\WNTULKQHUXTRJBFPVMRWWZULF?HLDKSNEFSQD@GQPMPROQWUGEEO]a_]UKGGMT^]UQNHMSKJPORV\\RHKS[WOOXa_RGJRSRTSX[RQI?KOLMOSWUKMMOSMIEEINKFNUR[\WUZWSUSHLMBKVRGROPWUVVW[ZUXREILMRSLLSVKIMJJKMNSRR[TLRSZ\^gf]V[djhZQUR[^^TKOY^UJJUY[\_[TUWURKMTY]`[UPMR]bce`XUX[^Y^ehc]WMPfniZ[ZUQR\YKN]_ZV]\RMV\\[W\^]dgcYWOLMY[SVSSOOZWPFSXVWciaYYTPUZ`^\WT[WV_iqlb^ZY]\UVWZ^`_ZTODKVWTMNWSUa`^\STdf^f}ŠŒ{`TXZ]ZYYU[cheYX\YW_^ZSPX^^]]_cb_a[MO[_[UQRY]ZQRQBIVY\]ZWXNFORWXLGJNT\dg\PU[XPMW[_^WTTPPSGOUQSW^dfa`^YQNS[ba^]cjompz{r[Qab]c`[WOFMUNIHO[`][\b^WWMQ^_^YSV[XSPUXKIM?S__RR_^XUSNJUYQDKOLOW]aaaib[\QDMRSTOKOJCGLJHMQSPKNRPITVVPHm[NIXccfih`Xe“Ž|dY]TMSUTWPQQML@@NPLGDKPKS][SOU\c^PSZTQVROSYXPUVRSUWXX[RMMMNPNV^WDNSDLV][TKKSRFMTRX\[WRIRZ[XY]XPRTQLQLTYOFMQMMLCCLKMQVVRLHMR\`YQRXWPHBCIKFKOUXQQSRSLPQSOPJHQKMNNTRK@9EHKR[ZXVgmo~…nd_OUURKQTTWRNMRPJOVRY]PKUQMSRHBLUVSN=9@LVTUTQTXXZZZYNMSIAJPQXYHELEPTNMPTYWRTZWLNLMQOKMJP[[IAOMGSRHEIPNNUSWZWSSRW[VWTTTQOTRPMKOYYPFEIRYUUVZ[TPVXULKMMQMJNLPV][ZURSTYW^aa\QQTSHPPROPPW^`db^ZPFY`a]LQTNVVTNJQTUY^^WWUXY_]RMOLBHNMFHLIQVPXMLJHT[XXZWHO[ZUQQGJPLBGOJA>FQVROTVZWXUJBD>GOWZXURRQIFLC@AHLRZVLGCUYYVQJB8?Q`d]QKNNTLIPSOR^\UUURPUWOKVVQRJHLKHKLMIFJFLNRZVPVZUSLDEBBKLFKMMNOLGNOIQQNNMKOXNARYQRQR_aZLHRVUY\XRGDINX[UNPQNOPMKLNJPVPNNNIUQQY\Z\aijdZ\\XSVYOOUZYSFS]\\WYYYRMMHEFPWbc[TPYcbVU[RNOX\XS\b_SOOS\hg[SSRPPRNCH^_TNTYXV\a[\b\WVZbb]RRWUY]XRNQVQLXZML[YYhsthYSRZ^\^aaa`[[\cfb^XOVVVZ[ZWRYZaZSVYZSMV^YKUaa_`YObkfarˆ”Ž~mhcdgd_VPZ\YUVZY[_`\WWW\\\`gfa`U^_\Y]_WRSRUYZPPVUMLXefZY]QCSWTTTOLPV[djd\UQIMRUU\YSVVPWXJOYPNTWZ__\]\VPSUZ\]`foundkwugVU^`deff]NSVSNKISWWX`aYPRTWWSSbWUNLLIOYTOPLKXbZVa`]VTMHLSUZ[PMWYU]^X\[PWVOMJTXZWRQGAGMIPVSNMRROIKOJERciVTUY\ceb\XPg•|`Y]_^\\aaWCGPPKQUQKGKSQHQXSSUSVWV\_]]WOH@NURRUNGCNONNMJHFMRIK\XIMUNE@OWO?CMPMJTSNRWYQJHOQRYZZLKIDNUOHTSC@EDFFGROP[]YQKGFMNU[VJOZZXSMHEJJLVXVMHNPUNEKNOTRDEIPWURJBEGGRSQRXTO\noy‚€rc]ZTUMRVSRRHKKGIPUPAKOOQMJJRTLGNXVPF>@CEKTPLLKFKONSKOYTKPMPY\UAEMV[YPLX\YWWUJBDNIKUUI=7Meg]LQQNMJJLNRPS[\YUNNS]a\UMT_[UUSMNHLXZOISMHW^\UTUSRZZNLPRSVSQHGVRZ\YUNOOP]a[SNEFRZTPQNIJT^febbd`ZQXbgh^OPPRREGLOSWY^d`UU^^dhb\_YNFKHFNDJbg]HJEHIDL\\XXTLGFAANSOIKSUJDBDKF=IKNLKNPRRKEKSUTTW[VKJQQQRQLORMDIROMD=SWTNMJIBL]b\UOILKKJNPMHOYRQZXSVYKGUQS[ZMBCGNKAFNRLLLRZXTRWVUWWUQQMOOQ\]\SKNPPBJSRPUUUQNHOYWQW_]WRO=;FJMSRPRPTVX\XSY[SVXSOKLFKTTOLQQNRJU`d`S[efYVZQJPSSQQUXTNT]aa`a_\POLIKLMNTWYTZ_fcQEMMNOU^XUYXOKRTTUSUSMMROOSUON[`YQUWZ[afcYXZUPQ\_WNOWVPRXXRQUSU_^UPVWU^jnh_[]\`\RX_bie]X`_TMQV]UQXX_[TV]daYXdhfdgkfQT_ZX[YUbfdW^”—Ž{ojd`bZOSY\ce\[\]\_SR[^XTXacaec_`^ca]TOOST[VUXWQXVY^_ZWWWPW]ZOOYXOHIVbdfbQDKSYWNMIPWTV]VOTQGKQUUQQT\[[[XUYOVbejsqmrrj\TU^XXbjgZSQMOKEKYVYbbYKKU__XURTOMKPJM]`^XWUW^^XWTPJKVUPPY`b[PV]YWRQXSNRPHEDWYUWOKLNMLRMLQWWQ\\OMOMQRfraVXX_aega]\js‹Œ‚n^[`_UU^aYSICOPSXYSNPPRPNHRTKNPXXVSSTVNJMKCBJMJOMRYQLMMMFM[_STWXWTU[VLUWNMSRNKO[[PMPQQQTUQVZ\WVTJIPQJSWKFJJ?ETZSM[b]ODDOTUQKLNLQSTUSOOQMMJHSSIEDHKRRTSQILIENZ^W@>KOE;LMLORRZceht}{sh\UWWUOQUNOJNTPOZa`UHLOVYWL@AGIAGROMGHG=OZ]TNOUVSOPTUURLEDKSQPQNJQ\[SRVRLTXO=AHOKDR^ZRWSLJHIMPRTRPMNSWUPSUVXYQLMMJDCNWTNOQOPUNGPX\WSRWVLGQXTIEFNUURJKE>OQQQLKLNYXHFHKNNVYPFOPPPLGKNPIJIHLRSONCOSJHHQUXVPMORWTNUXROLRPTTPOQQTPSQP[ZNLI@IMQUVWVPSXOHNRZ]`_UQJQ]a\OJQ^\QUcfOMV_\PI`liWFS[ZPKTfig^WT_da\]^XVW[YW[YUV[[U]ehe[WXTTW\_a__]Z[[ZRKT[ab_UMMNPOSZ[SNSSV\RLV\WKNVfh[UXW``X\`\UTX_a_WT`gffZSQJPTV\_]VPWffb`ebWMC?JW`ZX\YWZZX]ZZdom]TVSRY]\UPMVWP]ll^rŒŽztpgZU\YY_`_]\XYSV\^d`ZXSUYUV[YXRWWUVRUTVWXYTPULPQQ\^W[]UV[UIOOHADQTIJ_aZaeaURQSSVSVX]YZYQS]\SNTaf^ODMTTV\bejkg]\aaYVUY[WOVZQGEPYUQGJPRPKKLLRTOMTUMTXTFNYWSKKTMMNMSYRNJKV[WWXWSNUVPOWVGAPMKSY^\SDIQUUQQUZZPTYUT]ZRJC;GEMVSRVYZ`_TTY^^_dhjw…ˆydYWTTTUNEGAHNHGLQRMGTZYVKKQWXVQUUNCIRQQKJTRKFJIHQYYXUPJMSSSQDFLQSRSRLM[\VXVVQNRMGNLMLEF89HTZYVYWVVWUVSNONGJTYRKOPQJJQVRXbc[^]SLHTUV[ZVRMQSLGDGKMUVQTXSPPPSGDOWVRJGMRTSLIMVZWZ^`oƒ†mYHM\YWVTMGJSSSVTOKJLLSXWY[TKKKKFEKFKQQKRUT[\PEGLPTUUMTUTUIIYQ?HTSNLSTMLT_`YVYRORV[YVK>IOOIRQSVSTSMLTWSY]WRTVSPJIORPLGIWTHGIPZ[QU_c[NKMY]ZTQMWVICFU_WHJQRUTQMU`b]ZXVTSZY[YYUPYXV[__[adZJLTPP\rtgR@ETXWX\a_ZUQROTZ_]XNSXUVK@HMHHOR^]TQPRVM@NUXWTQLJUVPA=V[RXUNNUTMIJNTTOMUUUYYTPRVPNLGPVPKRSNIVWTTZ[SQUVOMT\XHCMTRHGHW]\\TMKMI9@JKPPT[ZTQOTSQTRUVHEPONRRTUPW]YRQQQRKQWU[`XVOU[[ZacYVTOQLJ[daV`d_Y[US`qtk[RNMVOPafaZPQMMSUZYSVZZ[bZUNSYMGX[WPJLOLIYflg]TVVJSTWSOW\]VQOOKNSUTSZZ[][Z^]TNLMLONS[``R@LRMJJDNRSWTJQUPJFX]QHGS[TLFPUQOPFOae[NMOONIQZWMMUZRJKQSPKMSSPQVVMKGKSOFDJU`]PEFMVWNIEHOPQOJLNNKMPOV[XWWWYVUXZ\WHLURHMMKP\\ROPHOSUUT^chot{zj[SJSYZZYZ[UFBOSOIEBBS^ZPEBJT[WMOVTPOKMOLJS\YRG>CHIKTOQRNPLOTLQZaaiqqnia`]YUQLEEEKOJMQHTZRAFRRUTFGOSVOWYPKQLIMMOUTVc`VRMHJT^ef^aa_wˆŒˆ|ePWZXSTUTPRVVLRSX\UQQQTWXTT\dbZNBKQLHEDNSUONOPKJS\WBDNRPR[TKNSKBW`XNLJNVRIGMNIKRZZTKAQUMIKFIOPPOQTTTUTJJSSRVTU^XRVZYYPNPTSNMOUXXSLEPWVSNIWaaYUMPQOMQQPVVUQN?EPNPPOD>IKFGSetxqsxz{re^YRNXZWXUOA9>RYRCMWZ\XSUPR[\WVWUQGBW^]cge[RLNPMLHOKQPIRYVQNHGKPQLK\aXQSOX[XWYUNNSTVYVQNQNUXVTXZXaglkc]d`[^VPHNS\a^`deji^XMKORZ[^de^]]XY^_[PIKPXURS[ejibX[c`[^WPUWTLK[b_XPRYUPWY`b]UNX_]MRVXRXYPJLSYUQW[TILSZ]XYVQU[YVWYUV[dfXNTPRWVTMZ]Vdg\XUZYGILKRTRPWTNZkpplkv~‚…ƒw[MVWUPX\[^dbcbXRHIQZ]^RWVMKS^`WSY\a\RWXW[]WZccYNTVX\[X]b]\\ZTTUMMQQVZ^YQQVX]ag\MJY_SMXXQUYUSUUSTRMT`bYVeqmbdpwmdgd\VS]`]]^YOTSKGQRUPKMSYUSLJRVUWPEHKEDSUQSPHOQSSQORRSWXSOV^`WZimeSKLOMU_^XULHHKPQTULPWYYTJOTPIHKMOOFT[VQ_d[YYURLVbdc^XTX`dlxqa\STSLIRQTVVPMY^]ZONSIGLPLPUTMGMXWQHFLNOSUUQOSTSSVV]YRQ]`UJUYRSVWWOIGGMKLUXQQOHOOIAFMKCQ]_NHPSNBIVWURSTWW\ZXNJQLJMLNMSUNJRMT_]QKUVPV\XVXSOLPVUMIJT]b^SIDGFHPPLHFFRVTOSWUT^jprty€~sdXX\USXTPOTQJSXUPDFCKQNKLMQVTQTQPUPKMJIJLKNRZ\ZUSPKJSVOY_[UPOLOSUWUSIJPOOSPIORRWTUZRNQMMOLNV\WQSORSTTORTROLOLPU[ZXVPPKD?FKS\YKIN[^XMLSSOUWWTQNMIPQUUNJNNPONMLNJOVY\VIFKLOW`_acaaab^[SSXZZWZ[VXUO]ji[PRURKLMMTSFHU`c`WWTRUX[USSSRSRROJLTTVNLMTZWRMDHHFEMQSTYZXRRKATWMUYOQZYPIEHKPNDJRSSYXTTMMJJNWOLVWUXSFPRMPNU^]QNMJMB?N_gdWRNNPUSTKCPY\[UMPVX\`\PPUOFIIGORUQMJPQQSRQTZZSUXY\XROJJTSUXVQNNJQYYV^ea_XOOQLKVVNQRMOQOPPFQWUNFHVTKKNLSXXRHGGP\YSc\JHOKNOX_faYeooe]YU]bYOKNMRTW`d_XZ[[XQTSWVRRZWUXPZbc^UNQSOIEPSZjrl\X^_\`\PPJS_YQ[^VE>IRUZ]difaUS[bZT`caQMNQOR]b`_a^WSOWXW[ZSQPSQTZ\RT\^XRWXWZX\b_TTalg^]YTJMUPGKPMLNRZ]bgkhnmm†ƒwfaU\Y[QS^``^ZVU[ZURNTWW^[PU\\ZX\bfe]VUP_`ZUY\a^XQWXZY]c\Vae[TSNKQWXX[a^WRRSPY[TTX_`XPUTPTVYVNNNNQWZ]`Y_lsrgfom^YVND>QZ^`_UNNURPZRJNOOT[[XYWRSQVUF?KMFSXXWRQMPOMNPTVVRYXURY[XSapsjTHNJJSNISSMJGPTVPKRVSWVE>IQROQTRSUQQNNLV^b]YXSV\gdb`\__bjsƒ€p\QXWPHTSRRX]OBPSNJORPRVXWRTYRGLWVVTJFDIQUUKHQSOQZYSTW\_a`^WSORURLNXPKQTNQUSGLMNORMO[URT_bVHQUUTR\[YXSJR[Z^^\VXQJKKMTRTKHOVX__VPTXWU[ZRONOU^c\RLNWYUMOXRMOJJOVVQKICDKJPSNFMQOOGIJIU^YNKMLMUXPSURTNSXSMOQOICRgjbUGSVONPPNJPQOXXRNQPOOLJMPKITSNTWUVUMMNGKNUXO>E[faYYXUTNQUZ[YTOMOKPUPIRWWXPLNPHR[UQUXUVTSUNNZ``[RLPROUYRY^TFBDJT[Z\_QCJKLVXYaea^glkg]SV[WSNT[_[P\fg_[V[UMRRKLSY[YZ_YUZ\]__[VQMQ]`YV^_VU\\TTXQJHR[_[SLOLJMSZabcjjf^LLWRGQ]]NDONDO[]`_[XVUOUWTQUUVTONU]a`abaXXZUVY[[cbRSYYY[bc]RKNONLHGPTUTTTV`ejkfv‡Œ†zne_[\^\[`a[UXY[XRJQWWSZ\YSPSXY^ba]^`_ZZb`X[^]baROYXZZV[WZcaWV^a_Y]^SOX^^YURSUUSR\cc\YVWVXY`]URSSaab\WW^nvvqmqnaUROAR[[[VHHNSY]c`TKLTSHJR[a[PPS[WTTTTV[YXRSUPQTQJIIOLW\UDGUVPKZdigZPNE@:=JLMSTVTPMMQSPNMHFCQZWXYVUPJLOXYVY]YXXPSZaa_cbbdbgir~…}l\W[WKENQKGRTTPMPNOPLOTW[\WVTE@MPWZOH?DPTTTNLUZXUMGFRSIVZ]\VMHLRQS\WOKOOHJPNFLOKKNRSUVUWSLDOSTOLX^[SNAGORVY]]^[Z\[TOECHNUXNMRRQPXaba]YQDJTbnm_SOUTLKOSRPX[SSURPJKL\`ZVTW[a[clqv~zoe^XR>>ZVURPNLLOQTTPMUUQNJW[SDDRRKGANWTMNPEAPMJNPOLQSQOMLLVZYPBCPYWKQQHC6HQO\YN@AIWYRLKPPU_\O[`TFT\ZQXfeXVWURTOMHSXYNJGKODJU[\YWQNTNLHPXWWVLKNSLGNZVPQMMMUSKOZb`_fe\RX\XRSXUZ]]_b\TUVPPXgiacbSRVRY_^db\X[\QONQRNGKT^\[WOFJMLHKNLNUaig\LOPROLZecVTONKLV`^PPTSVXOJDIOJLPJAKLMJMROMJLKNOKR\ZSKIGEKZ]WNID@KVZYYQT`daWOQSQUTLalf[LITQINONLNUQQTSTPNNPLKIPSNOLI\ec\WXVKNWVKEHGS\c^QGEINOIR[_^[ULKNNKPSQQRRRPLJMKSWNQWPRRTUTMRY[_]XWWRSa\R\XI:KQLOX[[MNDHSZXMZijb`ba][Z[XQSLIRYXOHSY\ZSGT]WURQU\c_^daYJNZ``\TOSW^aZPV`bZWVRKCLSOPLRZYSQTRMQZ\Z[fhZWVOTKGRW\[_d_VNQOMTVNKT^\ZZWU\WTTVXW\egda[\_\V]dfff]Z[^]^djbSU[ZYWYMKU`a\PVYZc`bfxˆ‹†xe_cc_]^Z[SMV[XZ`\W\ba_]]^^[\`hle^[\^XSRPROHRfk`JV^XZWO^b`\RP]aZLQ^ZVZ^c^VSWXTUWaebYTSRSSRRQJSVIFW[N;LT`mouxuo_YZUQX^UJDDKSZ_b`[XRIQTMGKQXWTJJQZb`XMTTSMANURNWWSKCIDQ\ZSAAQTNPO\ll`ROHHHHJNSUWTRKKLSSNNNTZUWUNU\YXUQXWRMVY[\_WM]eaeljijroeew†‡y^VWRMCGS\XJNTSRRQSNJNJJOZZWTI@DLORPSLMSULGLPVYYVQORSPJTVLOVVPMSPMOUWTNSRXYXVRJIGKKJNSSKFGNMT]TGJVVMSQQOSRLQUSUS[^_[QIGINQVUTVXZV\]][][SLMXfh\QQTUSYcc[IFKROKF@DLQQQPSUOKY_[jop~…taTTTJLRLRUQJIHLSSVWXRPVUV][NISSOOQMY_SMROEMQHECKQUXPOQORVTRTPNQW^WIGKMJBJQX`_YRQS\de]TRXaaULWYRX\WFL[ZXTUTTUOPXTPSLHHINFIV[YWVNLTLFOUVY[YQHOUUPMRPONTYULXWQX\ZQU[XPR[]WQTWSRPP^`XQW\TP[hdZZRPXWX`[VYWT_dZMILQUQNINWYQRSRMJPMPOQVZfkdVOUW^[Z_aVGEGPOSWSROKNNORPJMUTNTLAFJNQLMLNPOKNY[WUUPQRPOOQQIISUDDRVQNOIZhkdXGKOZ`WR\]ZKISOJNRSOHFMWYTWXXUOOPRQTTOJN[dfdXMMCCKPVVKLQYZTPYXMDFFDMVQKDCLQYUOVYYVSOOTWOCJRJOZ^VLJNROKUWVSRRWUHNTJNVUG>HHEPWWUTOHV]YGHX_]_XXZZWMOS]aTKNOGCGTXXWMV``]XTVUW_\\XUXQMX^_\QORPRIHTadaWU[a^[\Y\[SRPUVZSLHOQC@OZ^XUSROMNOY_YY\XUSO>JQL?DUWPORSXVV[XVUUbcVMNU^a[RVY_]_bca`ZY_gb]\][\^\QKSYUNHL\ikimk|‹‚i[]ea[XY`_XQVVV[\\\\XUQb[UQQXehaRKQLKJTQJNNLXghZSYMJNNQ[_[QPWYYRQYSNV[b_WQONKQZ^c^VXZUFRYSSNOUQLNVWV\ca_cfosk[Y_a[XVROMICL^ig[HJNPTWVV\ZUUURJGR`ccSEUXVJISQBNMISOQPMPSRLENUQMPR\a]VZRHGJIHHKIGHLPPSQPRUZZPVZON\_\XSTXWSOU[^^YQJN]ahcensqh[d{‰‰zVRQQPKQ[ZLFNVUQJHLOVUNJFR\`XOMGMOKUYSOOMMQPLUTWYWSTNKX_WW\\RQTSNH>FOYY[\[[VWLKMQMPTUWRLIMOMLFHNVVTONSY^[VTXUTNMRY``XWWUNIQWVUZZTUTTWXZULTjvuaMSTQQVVYSKJJPNI@;AHMLFISTW]d]p|y‰…pOHSQOYMPTKRYTRXXYYVQHOTNUWTSX\\RIGU^UNVTRWSEFGCLVWUTTPQRVVMGJIGPSNKQOJILIIOQTXOOQVfkcLS]^TDJTVVTOIFOTW[__[OCIRO>MOAAC@AFLVZWVXZWMAKSY[YVVNIMJHGHP`aZXRJKPUSTRQLVZVRNJU_WLKPNSSPY^[VX]ZWSTRPPLKX_gcZPRTUZVXXWQQOKJMPYYTVUQPW[XWUUWZ]YST]bWW^_[TROPKDIJLRPTXVWVPVYSNMSPNHERVLIQTUSPSWTLDLIDLUOKPNNNPMILRPPTRXdaYVKCKV_aZUWTKLPH@JKGFED8@QVYZTPRONTOHEHNLWbidTMMJSIAILHCNZ]VJNYRMLIFILRTNIKNTWURNQRNE?OUSEJLJMR[b_TPLIMRURLSQNSJJPMOV[ZRNIKTUVWVSEKY`[NPSZcecaVWSLKYeaQKPPECX``a`aXKX]^[YRQRVXUONJP\^^URYRUPEO\dc]UV\^]]SPSRPPSUVVVYXQKBCS`c]YWNSSLO[\UQV]ZQRQQNPOQTWZTQUXQ[_SP[bbTKKFQSTRW[XWU_`WQJLP\a\[ZY[_ebRKHOVZ_cdjnsvz…‰‚rdWXad`SKSTNOIFQZY[_c^ZRTVTQPXcc[STSNRWQOVVPQ[^X]b^YVQPLMTWUUQX^_YSRU`db\STSJJVZXWXWSOPUSFMR]a]VUUVY[ZZWdlknkd[SYVVQT[SPGEVfi`ROMMSUSQUVOS^VNJM^fiaYce_XNJMKJOHKSX[YOKSMPNTWPQZ\Y]ZVPJFEJWWURTUOLIFOQNR\^RR\VGPXZULKSYONX^^b_XNNV`]\egkptpcix†‡wbWQSPWYVQBGVZVSNQWXUVSHJW``XWT[WOPTRW[^XJILPXVWWVNSXXYYZZVPOMKLQYJJZ_a`ZQRPMQURNBP[]TOMKOTPHLRUUZ[LLQQQLJSZ_^WNMV^_[WQQJGWYVPMSMDQWUTULJWlsjRPQLOVONOOHGOVOKJJJEMMJNPUbiaaxƒz€‰‡w`NOVPPVZVQSUXTXWRQOOMSWQPNNPRSTWPQV[VOSNHQROQROOSPGGMQLLRRKCFKFELS_aV@?OTILTTOMP_[U[[OENQH;@NSQOYYQEM[]XXYRGDEBFRMA?FDEIFJSURQUULJF>@RWPPNPUTQSLGX[MLF?MLLMX\QDQ\\SM?N]_YMOT_b[PU[VKJQW[ZSIJOKJOWeeYOWYRIQ\[\ZRNTZQSXVVROONWZ]Zad_UQONO[_SPY^]^_UOLFJQONQTWWYUNKQPPQSUPACOXYRPUVVRMJLKRUSLFMMCKOWYQOMNRSRNEQ[aXLFIOOU[ZRW][UL>=GSPH?>GDHMNTWSY][UNLHOXTLOae]ZPNZTDNSSOUab]YTTRPROFINLJGCHJIKOTRCCJMILOQVRE?EFM^ef[VVLFOSQOONSQSTOLNSX\TFGWQKLS[KJOTZTVRNR\fmaMRXSQW_\WSSSQPSNX_bbYW[^]YTRPZ^XUQJR\]WUOSSZ\XQQX```OJPXZTNPSOPRQTWV[\VKKMQ_feWM@@X_Z[Y]YLW]YVXSMOSUafe_UVXPNXWT\bcSIMTZWXNO[a]VZd\PRSQPX^b_[XX^a`]VONQ^a^bgjsu…Œ„mZPT__^YSMNXTNT\b]XV^`YTRTTWRP_f`X[_ZQQLOVYXTLMMQVUY[_bWVVURWY]`_ZSTS^_Y]`]\]YVSRPZ]^OQUTOOQVZ]_aXMR_d`flpmtulaa[UNMO]`URRZb^TPRJCLWPJFKQNSQNOX_dcWQT\^^P?=FKIKLX^a]VNWZ\]SYZSR[dghaWOHEEX^UNLQNILLNOYUJNKMUVPGLMPHEUWRKSZZ_b\RMVV]Zce\k~s]e„Ž†mROSQUXTSQNTTIGMOVYY[ZPKP^ed\SSXSSXUOMSTLTYT]\ZYRPU[\ZZ\WPLKIS[[XVVU[TX^WORU[_^UF?NSTVTPNOOIAIHJJOJLT[[MMFEMTQQQNKOTQMTWRRVRSONSOONVSGJLKXfeYMV][XQQJIINUYVSQQQOKLGFKNW`_]gq|~|xmVST][QPKSUUWVVUOMJIQZ_^YPJORTZa_UROIMVWPOMKGKVWQOH?EIKFGPVVLEJNOFT[\RFJQUZZUTZ\YWQNNVYRNTUNSY^TMVXXRRTPLNIE?=KQRRGIPOKLKOOQIIROFALNOPPQMKRUKMZ^ZXSJFLJHPOS\e^RKRYVWQNTVSPSTY]TFLZZYQMTXZVPSNDNRQY`^RJRQNZ]XWXSMQWZRLLOKMUTPY\\Y`^PELUQPUVMOX[]c`WPJMQMEIMVUTROMNOSOFJL>=FSYYVLPYZTLKPZ[TNPRRPPEISPKQSQQQKLUUbroYENVSNJMRX]]VJDGNQMMIDHGHKVYRLJIOPVXOKHKLMOXc^V\WMPYXR\eeWQKJQWTJNQPKEGPRRKIHEJJNWVRQQS]_ULSUOPYb`X_b[PKLPIBGNTUORST[\ZON\[NJUcdWMPUQTXXWYcjg\T^ea\a_VRURQTWT[abgf_WOT]`XSXSMNUWUSVQOGS^d_TMMILY^\QSZ[USTWVXZ\Y^`X[XHGGFN^cZOKDXeg`^_`SMVZ[VNIMK>YhkkcWULMZWNR[[O;@OTW\ZQSYdfef]UXSWXX``^XXU`db[QPPIJPV^bcfm‘“‡rdae_SFPVPYXURRTRRUXYWPXdRQXQTabY\]ZLOOQTPXYRFBLUWSUbibY\]ZTYZWSRQPRQSYYX[^`e\MSYSYa^TSSRLNX]ZQHNQV[bclz{skppi`_XSPNQVY]\X^]ROSRRSXTMOPRTOHHNUV\]NJQMQZXKEIPAQ\YQQOOMLSY^`[RWZORTRSX][RIQQNQMQQILVOFOSO?JQU\_WWYVOECUWIQ[YPMTUTX]UNUTPQSZ^bcZMQQJIZ\XRRTONFEQUPMPVSNORRRRF9HLRWWQQ[[SOPPMQUQJC?FKMKPVTPRTTQQTZSYt}q`TUPHEGHLZ]\PLSRHFHCGGIOOSTPKJKPTSSJDIHIKPTVZ\`_RJSY[\_^WPQJKSOMOPMFACOSQKHOOLMHX^XLJLOZYW[_^YV\b_WZ[\UQKJPRWYULNROSQQVWXYVSYfmaI@GBHVXSUSU^bYUZ`_a`YRSURV\_^d_W^a^TRXZXX_^XUPWRNKNRRR_heUQVXSUW[\^b\U\]SRV__WWd\Y]VNOIQ[^ULGFOcjc[[VQY[WUYWNUYRXcdf\NRP@X]YRY`]RKNQVSS\c`bgea[T`bYVVUV\a\UUVSUOJDEPOPRU[bgy†Š„qjigbUOTUOPY]][QINUY]ZNT`cTLSVX]^]XYYYYVRORPEFPQW^`]_`XURRTMU^VQ[``TRXYXWW[[[^UUWWY`\T_daXPPROHFLOW]gkjq}€zspnh_[`VRWVUYSX_d\UONPR^aYRRLHNPMNVV\aYNQWSY[RMJLXXK>HU^]WOPI9=JMHKNTZ`ca[UKOUYXPJNJHPPKQZZVLPWY]\RNSQSQNQRNWYVY``S>KQNTRKMU]YUUWWXRHIOTXW]a_]^\THKSW\]XXX[SKQLNTWZSQSPKS\ZSMFOOILQPRWWUZVY\YVRWed]UVYUOSQR\_YLEFGTUTQTX[[WSRZdd\IHGMRQMPWX\baXSZ]UU]`XNMPRR^mm^NWZZVPNJPY_cc^YYQLPXXRUbf]OPVQOSQ^^ccW[d_OAP_^V[XW[XRB=KZb^SHR[aaYTWYZ[WLKVZVV[YV_b_XTTVQOY`_\[VYTKFNUOR\WX_^_[V_e_VSPJV`_WXSPTT^b]RUYW^acZpƒ‹{eZ[[VR[ULOV[\`]OLSW\RCT^]WWY__Z_c^SVUVZ_YXSLKV\]][\][UUN:AJJMJQ]bbYNSXZ_a\\ZS[`XSU^bVQbfc[PNOPMQRWUV_ho{„…wfeig]abUQW^\V\\[WQPPF>GY\VTQDBPVRRVRQRLDOTUZZVSKNWQKGT]^ZQEKQSOUUIHNZY]`\XYYVKHKNC;ILHMRY`[QSSS\a_ZXQIKORSIHPWZTV\NBMVTW`^ZW_u†‡~gbv…†zi`ZWNIQX[S]bUVQPT^a]XWSJX][QIMQUTOU\XTVNEORNUVTQOJP[\WSDHNLQW[[XVORQENXVRNJDEEFMQTSJJUTPNW[VLSTKHEMPJDJQUUQY_ZLGPUUUPORUVQEBOQIGOVWX\\XZSSZVEOXWXRSSPRRUKCMVOIIJPPKLTQQ\_akxuwyuhUW\__][\ZNDDFTZNNNOSRTWF9KTPNCFLKKLKNSUVQRRSQIMEBGJFKVZSLMPOQLFOSWTUZ[UROJQTMCRZ[TD=FR\flj^TQLJIJQY]YMLTVUL>CGNWQB=J]`]UTQQQRJNTWQSZ`b`^UGIUUQVUT\_[RPNKPRPIQ]]ZXXVWOBEJIJNTRTSJSPNSXWRQ[b^[YRJHIQW^c_YUSQRQX[UNQTVJQVUYNOIIRWURNMSY\]ZYXXJOXVSOSPQKVhog\[bXUSSPTOR^d`UVRLOOMQS[`ZOEHNKQUUVcgcYZYOIGOVXWUSZ_\OFFP]`\RSYTUSOJMW\TLQUWUT^e^QV\_UIR][W\][ZV^c`\]b^UX]__SNWWS_`ZXVNRWXZ__[WR_ecZXXVW^egk{ˆ†q`WYWX^\TWYZ`ccVPXVWYPHT[[YVW[`bcab`YQX`ccb\TOX[Z]WKQW\\UIOUPMRZ^`^ZUSZcbb]WRKRZ_`Y\YPW]]XPMKRYYX[c_\]\hw|scUV`faXUKGXYQTTQTVSQVQTSSSWVQGLUVKRVTTMFLMLMX[TD?SWTRRX[SMKKRXVX_ZSTUTLPTLPTPIERXRCILJLPVZ]UVWWRT[Z\XQPIKXXUSW[QO\XPPGCK]\\[Xd{ŠŠycf†‘‹r\UMNNLUZPRZWORSNYa\XSQNNRVTNJJQVSQ[YOMQUVQPOPSU[YUUXZTJILQOTRVXTRRXOEOXPLYZNCAFPWUOQXYXZW[]QCLVZWUXYROEDFNQRTQJIOWUTTVVUXRGMUTPKJMTY]ZVQGJMKNPHJSPJKQTWXTKNQMHCLONW]WF[jigv‚„~}}ucXSRUYTYYVVMIJPRSOTUVYUK=ANVQMSOLQTJLRWYVUSOHE?@JKHLVYVUQJPPLHHGRVONNPKJJT`ca[NPTSZa]][\]_[aaNHSWTKFR[][RIJOTNKNGFKJNPNPTSUUWPFJRVU[\XNOVQJHQMEFLR\[TQTUSVWSORNEKNNV]XPQUWRROQQOVZUZ]WTUX^YQLJTSLS[]UOQX]XOLNQNMLRWVUOLMPRROFM[XNOTNFbpp]TQIPTSQKBAAGIBLURDIKNSQOPJESZ[XUKQTMNPTSRW\XRU^^XYYM@KMEJUZ\SMLKNYdidVKLILKLQU]ZQPLKLJLMIPRTP=>Q]a[TSMPTSQTRMOOLMPSTT[ZSOILQZZZ\^\UQJIQZ\ZWTQVZVTROSPMLSWSMQSU_aWRVZYTNJNSOLKW]^[[ZPKLURQQRLQPGVZUOSRJFOVYUKLX]TUXZURVZc_WVTJPW`fcbgjbOLPV]aZZXUTTTNORJL\adcb[PKKW^\TZiib^WOLOOXZYRQVPVZWOQUYXUQUWVXVQQRUWXXYZYPVbcYTW^^XSXZZW\_^X_bd[VY\WWY[\]V[`WY\WWTMOOMQ__W[XSSRSWXVOV^ijky††xf]ZZ[aYS^ffZ]`\TNWX^`UEW_[QTQWaa[ZXYTPX][WUPLQV[^ZSX\Zba]^XTRVYYYY[WO\cff]XYRGIV__[WY[[_\XVNQUVXU`dgiljotnh`[`ilg\NLQROQU]_bcXMQUUPKNPSOIU`]WQHMQNLKLLT[XNLTWXYYUWRGPUTTOKU\^^XQLHECIJBINWZUJKRL?JY]YRURQXPNOQTSNSOGJMOPLKOV\XRLFAK`]\][dyƒ|ldx‹qi`PORRPOLGFMPLNZ_WTRJGKGHKWRBKZUT^\X]]VSQSXWWX]YVSQV]\URXZVRLQUXQPQKFQQHO\WEGIHU][PPKDMSUXYRVYYY^YXNOQNIFNMMVUNQYXXNTVOGGELLELVSUUZ_XOLJLONTUPMY`ZTNR[]XMEJRRFJTPU]YJJX_ciy†ƒy|}uiZWUTPLQZ\WOQNOOTV]]ZWTLJMPPOQUPCLIHNSZWTNOOKB:LRQV\UFKPMHINUTQPVVNIKIFDBPZ_\LKWUSZ[TTTT[\W[RIIRUPJNY_]XKFLROJPGFHAAGDAOTSOQUSRVUU[caZXZVSOR[WLDNWWTMKQY]]ZNOSONSZ[ZTKMOPVVWYRTZcb``YJHV^a^XTSPKQTZZSNNIFOXXJESVRQUUUTPMMQVPDQPIBDRVP^`RKTRKKTQMBHKANSQLRPACKIEHSVRFQ\[TSSMQWROQMNQRTTXXQJGNNQNNUWSPULJJJH?JcoiVGFKIBGKJNOTWLELNOORONQND?XigYSSSUUVQOMILGLOSWUNQSUVTLHTY[_aYOKLQVYYVWXX[YX[XQFCLXY^^RNPSWTOSZZPLNPURKOLNLNY^ZPLTUJ@LOTVRUVRMNMOJPSV[XUTSOPY[WZ[VY_WRQJS`_]\\cb`ZSXYWXZVQTUST]YZ[U[Z[abcYPG@QZ[Y[`egeXJBRdbXPKPKEKRVNNMP\b_c`^YUWQJJUZZVQMZde[WVSRVXVYa`VW]YY^ddULPTTSQU[RS_[Za[ORQBIURXbYOSZZV[a]PLX`aebn„‹†rXUZ\][QS]c[SXVPWcf_ZSEOSQNPLU\]ZTMRRLR_aXLGMSRQZXRRZUQV[[WTUWTR[Z__]RMKVZ\ZZVV[a^NPWZX][UOOWZWOQ^cehloswrg`_aa`eea\ZVWY\]_elbRRLHQVXTUXYX]a^VLJMSMGFLQY\YIHU[\[^_RNWXXQHKU^b`UOOC:>PUUSV[\UNMTWULMPTJHRJVWHEMNSXWUTOMIIHGMPVXRMRVVYVT\[Ycx€xddw†ˆ|gZOW\\YQOMJUSKNQXUUTNILTKR[WDMXPFSRCZaYRKMWWNIHNPQJCFSYUQUZWXRLSKGKQPQLQRNOMNSOJSWTMJJNPSRUYY[RQRVVTHPUUVSQNQWSRKHNLKORLOWYSIOY[ZU\b\OEDMSWYWRWVVXZYTSYYSNHQTJEIFMRG@ELOY][oyz|€{rgge\ONSWYTSWTNT^YQIHIGGOJGPTUQD@EH=DNMJJPVPKLSVWZ``XQQUTLRYXTY[UPIMSRNFFUTQKHOTRJLNJE@R^XOPNNTXWOHSWY\XQFINDIUYW[][X^\TJNMZ[UQNZ`ZXSSWZZ\[][XVT[ZV[\_`[VT\WOPNMPQKQ[bghge[OZ_XUVWVUOR[\TRP\c^UQQSOGIJOOVQUQZipl`OQ^`VRSRajhc\`b[^faVPRRXX\]ZYYVO]_XHILMUWOPTQKS\]_fhd\UWZdXVt„Ž‚jVVSQNNZ_aWRVSK\d^UQXYWRQIOFQWca]UJMW[^\YYUQPFKNJNTTNQYXPNWWL=IQYXVSNS\`aSPHKSX\RHX_XWYTLNY_[USVZXRXex…ƒr`^_^Z[bfd]SR[\UVT`dYJEPY^_XSV][WX`daa]WPQUROOQRPD?MPJR[[TRSZXIJU\bbSKSQLIGKKSPMVTOPPRUPKFLNDUVRRLAEIFPODOOHGGKQSLS[VMIJNORMPZ\al{pm}†‚t]RRWURKEJOUVKCGBKOMJJEPSU[TETZTKOOMINRRJKGLKJNRPIGFGPbf\S[][UQJGPVTRUYYUOJHIGGRPIRQNLRPOOXWY\TLMLS]ZPPHHTY[YXVQLLFJOQWQFRXXQVWQSUV\``^WUPKKJIQMLFPYXWTRSP?DJFBGJQSOMSKIZceglox}|uoj]MY^\TUPVWYXRQSKFDBGGNUNPQSOMFIRMCQSSJQSST^^TUNRTV[WYUKVYVLNRNHNPRSRL;@MNEGPSKGIQVZada\XUTRSWZ\ZQTNJLONRSRVUQLHNRLHQPORWRN\b^VKFINQNKPSNUYUMPSYSQWWTR^ZLP^\PINLLOO^]XZ[YSPXZQKDOSUZcaWWTQVQONRXZTOITXU\aaaYPX\VRZ\WY]_bccXF=EWXQX`c__]eeZVTPU^\[]UKY^UKDOWXZPHFQTGHPRUW]_Z[^gbUT[ZYWXXWWXfjifcZZYVNIS_\[ad_NQUSWVGBHMJNZ`a\UPOSPQ^fjg_`fe`fwŠ’€gTWXUOU]`\S\a[URMMQVVSMSMNQNMWaa_SOZ_[Y\c_X[XPORX^_^VMP]STUXWTPSQGIW[^bf\USOQOSPKSYZ]^ZRRYa]NKOQOSXauƒ„xjb^\TS`fhe^QNQNQPblm^GNSVZPBJUZ\]^acccZPXXUXTLLORMHHINPOQUQMLOVZ[cg`ZSWSUTMALUTQLBGKKMHMMJGIPLEMPEKL@>NN[`WONPVYSSYYSRHGIJQRRYU^k{yjn~‚{cRXWUSJFOPHQVPTURVVVWIHEGW[Y\[TIEOTVQSTKGDIKMLMPN>9CCNad_ZYTMEIKKQOKPYYQMI=R\]][URTPSVSIALQMUTIFFISUTVOFKPSQOQFESXSGKUVOSVYVSTMGPGOdh_^VONORRQD=>HUZ\[[^[UOMHPTQMQLGNSPL]hi`bmr|€sa]PMWVUZPQY[UQRSUQQTPJ?AKOKMSUTVSTPBLPTRIPOPYWNKQQRKOTSPNX]YTLFCACJPUWQIAIKEBDNa`WQPVVNNNJKMMYZTQUX\ZTPVTLMNRVPMRPLTYRICMSRTRGJOMDDLRQUZYLMSTQUVGHRVSJGWcbWNRSINYTQ_aYUOTXSNOORZUHDLRUTZ`_YKHD@RVUYZUYb]NLOPQQOPOLQQOHKZf_QQTIJOYZYZYU`gbNXYZTLMNOQPT[YSLDKSOJFS\_XOLMVXHFNHAKWTIESYUPSUVQEITRSVTVUWSMWRFKNKP[`b]UNFE@@DHV`^VPNKC=FEDMPWdjcRGRXTJFN_bVBOURLMMQY^_\SS]_ZVPVZTQREHRSOIU[ROTXPTZUGRWUQOLO\_WMNSQKVTOXUJHQTROILSSUUS`i]GS[XQMTTRVYTPXUVTQSPZYPOUPPSYXZ\]WW\[YV]YTVUWYUVZWNIRY][WUYSMSYcmjXEHW__VSZ`[VRTWXWVSQW^[\ZMMVUPJTXW^\UOOXSU\^XS^b^VYejcXOVZZYRNWMMef_\^b]TMGINVS\][OU_[Z[QEAIMRST[\[\\TLHOU_ccbcfebZwŠ‘‰v_Xad`^abb^``^\XXYTSV[TSUWRUUJQVUSPX\[]]a`[U[b_ZX\b^XUT^`XW`eaYPLLRV][Y__XUSTTSLJOQMRTYXOU\\RRVZWWZcglp{‚ycVQU\a``c\QT[[TYdhbRJJJJD@GJOTYW^_YQH=TZONSKILKJLRPKNIMVNFHNWZ\ei`]RMOKSPLNVUKIGGEKRGAORLTTLLNSQPICLOPSTJLWZZWH;IQSTG?KQMKTYQDBUXOAFJMVRJQSNNWWX]bfaVWVT[[SW^_bXQUTSOHNOLGFMEEQ\ec\STSKDNRTYSNW\ZYWLHOMKPPPTRIM[d`YJHNOISZUV_[RX^^OPSOMQX[YRVVTVLK_g`OQVTRLSWUSPJOQMFNTLEKQNOTVXWJISUWXRMNHFHWWRHGGKV`dd\RLMQNOMLSWXTPOMMMKCCLNXd`PLMFGQNLMXTORTIFDNUY[ZWUQZbif\QPLIRNHT]_[U[VV]_W[d]OPYSNPKEMXUPMT[VVSOWXPSSNNOPDNSLHUfmdWSQJHILMLQOOHDKIBHJGELROX^ZONVXUPPSNIBAIEDIKIPWWOFCGOFMUE:JMLXYPMRSNHCKWTKU_d`VSUSLGFDJKHRQHAPRJ]flg]^``\TRU[dg[PXYVXSOQTSOOEJTRUX\ZWYSGKMPLPGGOTVRMOYZVUVWVUPKU^a]QELUURROQUTNVZSPQKBJLKYZUHDLSTMRa]V[^VNLMOWZOMWZRKOXWTYY[VMSSPPOPQSZXTNE?ISXSLCHNTX[XMKNNFMSTTPTQQOLHKIKTVOKPZ^TOMLFT[XNIIFNOKIHOVYSSUTT[fni]UQLKOQNPOMRRRU_`[LP_\QRVSJJOJLRW[ZVVSYUHMLOYYOHJOGKYTFHQ[^`\UWSQ[VNTQN_c_ZYKOWNLQ]de^UILRV\Z[`heX[ce`\VRKQSSYS\b^XW\Y\\VQTZZSPU[Z\baa`_XOUdfYNPRWUWWZ\YY]^_`]QKUTOHGS^Z\c]WPMOZXYZTGKR[`e\VYWUS\a^]acfa\\[ZQY\VVVNM[a\STTPLISTSWY[[ZUWa_WS\`Y\df^s†‹j\SMV`]X^eaVXffUQ]`_]TW][PPTPTZRUZ_[Y^YOJR`_XbcXNPT[WPMX^RV`a``WNNNNIQNOWYVTTSRZZYTNQXYUQUOQU[_ZWce^_fw‚‡cP^e``[UW\XWWWZXYZUMPOHIXc^NPY]df^VQGLTQIGJGEPQKMCGIJMJECKOU\WKaibWPPRLEKQQHCOSURPZYUTWSKLOMNUWQNWW]fh^OIMOKLKKNSNNKLVRJMRYbeceq~~qcp‚ƒuaWPGOT[TPSQMOU\[XOGKSRUQPS[XPKLPILNONOIMVVPMLPHJVTLNOBNVUQPU]^XPIOVUXa^SORPMOOHFRXPRVUWTOLRTPSQPLPTNJZSORKMMJOXXOUWZZUPLQPPTRSTTNRPSYTMLHNVTTVOKHQZUWUQVWSJACGJMMPNDNUUV\ZWaq~ƒ…o`\QPINQUWYTQUPNQDLYZUVQMKJJOKD?JSSNKNXWPSVSHFIKSXZXXQAOPLKPMOOVXSKGMNJRUOIQTRXab]SQ[XOPSRJOMRTROLGQTNKOQJHDEMFEBJPX_[SJNOPHDNSSTXahe_^ZYVNONBIRTJKQVSN\^^_c`]b^Z[[ae_ZedWOKGAHQPSJEIHU]c_Z[YSX^WRSRMU]b_USRTTSTXXYRJMMS]WMLRYWLJPPX_bcZRUIIHNZXRZZRINURNPPRSY]XQOUWPPOJYa[QMNXZZTRY_a^XNM[\WNMJKHD>@FJNNOMMQSUSVZXMGHSWSRWTSMMQRPRQRQSVSLJK@=CU^]URQNQNMKOX[YVTNOZgoh_\XTOMNLTRKKTVIUffZR_^WOQNGEMOPVZWURUSWXSNQOOSUSQQPHV`VS\^bea\\YRWXY[QGHLLWhZSURNLPW\XPTXOJJNLT`hig^`\PSSDLTWZ[UUY[[`b\\YTY_ZX__WOHK]_fgfYLYfdYU]^WXTNPVY\acbaVGT[[]SIRUPW]_XLY\WRY[YYXVTXWPVZPHU__beee`YXVQQX^WQTXQLTWROPRNJQYUPW]`^Z[fjbTPSY[ZXUey‡‹j[QQX]_aaYRP\`^VR[^[UVYYWX_`YY\^]SXSQROPRXXY]f_NLU_c[T[_b][`ZWVOY_XONNIJWa`WOTUTRNMMRSONXLLQY^]Z`ej`ahqx}wiU[\STQR^daZRSSV[b]SON>GSSJKSR[_\ZREAGPKCIKLNPTSOLVTOOPRMLQ]gc_eaYMP[REGIHHPTX\\VPVTQTSNJECCQXXQSRM\fdRGQ[SNJLUZM@OTUPBBGEa]Y]dx†pn}ˆ‚kTTYYWVTRONSVQPWZ\ZTKHNKKHLQQPNOOLQLLVXNCIUWJFFKXa^UXTQTTMRZ[RPQHDWW\a\SLPRNLPNMOURNQRW\ZSJHPVPGKPSOQeh[QLPRJNXVURXY[WTNQNJPKKMLHPY\]VLKJLQVX\YQMMRTUSOLDLTFLUOKOLNLIKQV\ZYS\mt~†‡€rda\SRY[HJSWRTTKQWUQNMNUTTUNDFIX[[XRRMJTZYHFKKPRU]_ZMOPTTTWTJOYZSLKJGNTWOLRW]]VY[TPPNTTMEBMOTZWQMRXWPPSLHJKQLFNJIIOSSRLJTVJCAIK?P[YVXYTKJKLF=FKIOPSSR[UWY[_bc\RX`dd`]^]WICHIEKQSUPHAR`faVSTQUYZ[[VPOV_^UUTSPW\[VVWSMFHOMFKSSTOMSPW`fc]UOI7PLLUVX[[RHMPMOTQV[XSQRRQNEGBCT\XKCKSOJMV\ZSRPMRXSMNJISUNNNIHHDEPSUY]ZXZ\XQU^^XRSSMHHIBHH=KQMJIS]UD=FKSOKIKPQTTRZXMRVXUT\cZV]WJGKHIT[TKEPWYcf]YVY`]WSQLGNVYZ_\LPXWXWU[^WNRTKPWTQbh[^_WY\[^^diaXYVJNDDYdXSWSS[]QQTUUXVTT[]\`ehmomld]UQOZ^XSXLJ[ZUWZRLWXUNX`_WGDR\`kpkaUW^[PHRZWTZVX[]ZZade_VUPMWUV^]ZWRPRQbgWNS_ef]XUWVVY[VSTYVYekjbYXVUSSWTHLUZZ[YWRGJHIS``WQUVRVY]ekd[S_gfc`Yk|…„xe\OLKS^ZUQXc\S\]X^\OMSSMP]eYW[a^_ZVOJVYXRU\^eaVOX[^a\V`_]YZYQPWZb`WOPMIP]_ZTZWTQNSOQZ_^\RORZb\V\hpj`akmjrmWDQI>HO^fd`ZXTXdkh[VWL?GLPPTLLU]a[RKKSTKKRVSLVYPHTZVPPZZSBI^bXV`bYTXQGFJEIVVRPQLDPSRNOTQOJBLTRIMWOMW]^SMQRGIKQTG;ALRVNEKJGTQV]a{‚~smuwl^[]]WPMPQB;PQNTWVXVUSNKJIIHENNRURQLFOWXSLPSNBCLWZZVTPIBJIFSZUNLNPLKKQQSRTYSFHOSW][USSRUSSQLALTXSPOMR]cYTRTVURWYSTTQWVSFJQNKPMNTVRILONPSI>BJNURPQQNQXWORJLYZOJJEGGAFJHNY]][_^cimv}}qeaYJJNPLURT[VQQGBMOYYJITZY]XOQLNMLLSTTNKSQE@KLC;QZTURKGGMQUOLQSNSSSNJC@OP@ANPOOSYXWYWMDPXURSQTYYRTYWNSXSOQPRUMGLQSOMNQXXONLEBHPIR]YWTM?FMIKLIF:BJKNTRYQPUYcd^PFW__`c`SNSPHNVPJEIPOMNQSV[VROPUNQWTQX[WVPOTXVWQTXWRRXSSYWOQ[VTQX\WHQXUQNDGLOIEFPSUWVOSYTTRNTWTKRQOKHLOPIBIXWIIVTQTYYYTX][UPKHMRNMSY\YQJD:FW[`a_YTVciaTT][ODJLSXVOL@;GLLUWSYVNOY[VNGHUUTVUW_]LELOKFNZ]]aWOOPKQVXXNJNRU[\\``Y[``]WQIKTVXY[YQSUPRNV]ZSXVMGY^\[`\VXUQTRSZhpiSPXSNRQNTZTULLTa`WVY[ZTXYW\[\acfqxyuhXJTUVMP]`]\]WVZQ?O[^[W\^a]T^`Yblg^YUX\ZLFPYSNQRUSPRU`gfaVSNOGCW]ZYSNVZchdaYRST]^\_[WWTHLX_SMYed^TV]aZTZ]UXUWZWWZ\ZOJQUWYXTVVPXa_Z]ZUWT\cb\Xav…ŠƒtdUMQQ__VKH[XNS]`bb[TVRXP\ca\[_d`XKHIOYYNJNOUXTM]ga]\[YWWPPWZZZ]WTSVSPPRPOHLZ_]ZPS[W\b`VU[]__`YS]ggXZippljb[^YTWVWadb`^VJPYde[ORQSVSMOSOP[]ZOHJMPLKPTOJTZVMNMQPHKUZUT\`\W`bYVYQLSSNNZ[PQPM?LOSUQYTPROJNOCGNSTVTYXTTUNOMJRKIFIPPKCINNJMNUTez…„zmjoqncYWSRU]\LLRSU[XRNNJHPOGMQPMQNR\YXYUPRORPPNPILV]ZTUQ?AQRNPLQRNJLHFERZVQNNL@ETSTWYXVTWUUHN^ZKTQGDPWRT\UNQPX[NEORNNTWZWQPQLIRXTW^ZOLVUWYR?@FKPMELPLIPVYXRMNVTIEBOROFBAGUXYRP[eejw‚vmeZUUJJQNQRTTWQKLIJEHNSRLOUVUXMCEGKNIOVPRPEGQXWMPXQLTQJHRUPMRZVNOTSQOWUVMFIICNXMKLRTWUKLRYWXUQU[PNPLLKMNOSNJZYJM[_[MHP[]UUZWG=JL>GPYZQLNTXRHBOTPQSSZ\WU\gh_XONMPTRQZ]UQTYPGMQSTPQRTYYUOY[SPOMFJQKHP[_XNO\[SNLINUYWWTPX^YKMUa`\\SLT]c\VWSNSRJ?QYSVUQV`c^YOJPMCPSJHHLOOF=62LTNLLKPWXXXYVUVMOSSKJGJMUYRKJJQVVU\_^QHT_c]ONQKBKJHOPKQQIOXPGX\\_`]TPZ\VV[X\_]^a[VWVVRPJXdc`^VUXSW[TNONOLRYVYaedZQWbbWQYYTNUZ]\XNJORUTKJOTUSRNQWYPFKNIMMJT]ff^UQPQROMR\aTKNTVXUKBINTTZTPVWZYRYiqtsfQRQNLWdge_]WWVMGNV\^]WRTYXbe\V\\VdhaWQNQPY[X[[SNUYV]jngYSSRPKHJU[WZ`[_dcc^YZ[aea^ZY[`]QX^_\]_aWJP[_]VahcXSQZYUXZ^`]ZXWJCKP^c_aa_VPU^[YU]_balƒŒ~p\MT^kn`TW^]XTW][^aa[TNQ[\Zeh^`jWQRLPY]]TMQSW]]YdjhgZUYXPFQXVXZ]YNS[YSURNLQSTYYVU\]UZ[UVT[^]]]YU_g`Pj{‚}oijd^TQSMTY[\XRLKLSa_LDPSYZSJIJT]]UGFGIKLNQRMPZ]XWVRPTPPTWVVY\a^_]UKDGQVUNU\\WOQPFNPRXSQQFNVUUPIHJHNUNSNW^_YQOIRVQNHMLA=LWVTNQGQRez…„{lbq{t`ZZVS]^XORUXWZUNNHDOVPLHMUUQHQWX[QNNLMQVNL[UTWVNKQOJSSDGRNLRSPKHJRURMILNIEKSLJJSXWR[`YFY\PQPKFGNNJKCGMSVYVKNSONUZVTVVSDOVQGM\\WWXZ]^XPMKLNPLLPRP]aa^SCEOMHQPKNRPBCAHLUWPXgicp~~wvsb^_[XXURNOOUYQTST[TMSPFDIOTYUSMOPSPOZZTUOKMU[ZOUVHQURTSTSIMSUSOMOHCKWXIBMKLMRXWXVXOQTOMQSUUKGRN98AHHKOMGJMUXRMV]WTSQUWRSZ]VQHMF>BSYXRNHNNCIUYXZZSU[^YVantrfUFJOQHLZb`^UNMIJNR\YUSPVY_[QKKV_\W\[RKBJRPRY`e`ZTQOPWXYZYZYULHMXYOV[OETbdca]TMGELQJRXVSX`edYKLTTQQNMQSUTOFMIFLNOIERVRMIIHMMPU\ZPHJMOKNNHBIMS[^\]\WNHOZ^VLRTSOKITTLMNLJSUFLUYZ[WTPLJKJSIVea][UKJTUVUIVed[SLRVWUXUNRYWTONNPZabYPLS\[[^XMHU^\]_[WMHMLQWSHFJNLNRZZZXQKMQAGVX_^YUHONLS^cbVLNKMZ_R>GJMRY\VVZ]ZTSTVgrsia][QZ`^XRQPRXSRGHZ_^[SRXWX_ZPSWSRZ\UNNV_\Y\`\ROW\]ahkfX[dh`VOOT^acb`Z[^ZQOY^bb^]UOUbd[SZ\_`ZYYWVWXQNT^c`XOMUSTWW_c^WPMHEM]ea\^]XJLVZRLT\bfcu‡‹‚s_RZ]gi`Ybd^ZUWUUXWVXUXZ^c^[`]MFMV[Z^``c]VYXZ^]Y]clk_W\WVOJPQMRXXSOVYZ\SMW]XGOVTTabTTYXWUX[TSXYYYfmihw‚vifd``YTNX`bacaXRWPPVUSQFJSUPKJU[\TGHTSMNRVNJPY^UJMSUPUWRLOZXTU[^[RI>HOQRVVVXXRNSUQQU[UNUNMQMHKNSHHVZSQVY]^\VVJO]^SOSKGORTSUXXSTYNT[[UPUYRNRUQMLNLNTQNLJCQ]_UKRRWYPFS^YOKORB?BJ?DVXOOOKLSRKFNQNTPNVOLPMWUIKOOFKQSOGNOKPSVVOLNOMVXP;DKIMGGSWROWUMQPKCGFISROFAKPRQKNVZXPNUSLCCGMPLOPONLNOSVVRNRSTTVZ_\JCOPQQRNTUJikqmgcd[SRW\]^[XSVYURTQGNJPXG4RabZWafdb`\RV^`XMIT[TPLTUVUSVWROX][POMLZejfiz€{mWHFTWQDX\TJV]RHMRYYVIEJPRLKNX`]XRIMNUXWQLPWdkgcbcU>HPLEGKPRNQRITQJXYTNDEKQMGV\WMQTORQMGLTPMLKNRQVVK:BTWUZUTdle\ZVVVNFVYNIQQRSX^c`ZSKSTPPRITYUZXQP[YVeh`ROW\\\WVYQNUTUPNLTYSKTVOQ[\V\ba`WT[UMJMPNW^[NQVUZ`XMR[STTYSKNW__QSciidZ[[ab`ZZbli[]YP\^XXXVRLQTYVQUWQQQSMTZ`_RIKST]^XZ^``XMKRSWZ^^[]YSZdfeXLU^a]NIVcc__ZSY]ce^SOQNQTOHS]ZU\eie]RMTWTRW[TQVYWSWQKHGMWXZ][[Y]]\]Z^]XW[WQQX^\UZo{‚qbcmpfYPW_]YZ^]MFLPNO\[PN\ghc\bYUUSLQVZa_QLTY[[b`Y[bZPPTWXTPSPVVSQPOHIQPX[WXXQQ[`cf`ZTVTQRORTZbkoli`dmn^W_[\`dhhbizxhVW[]]XY[]ZTYYPKJLOLNRWWL@DNRVWOTXTJLHDBFMSQTXYSPVUKMWYSRSSRU[[VSOMJMSSMPXWRMDINVRHPQIQZXRGGOPSWRU[\TKQTSRSMKNJMHOUQX[h}ƒzaZdxymjbTK:ARTVXWOQ[ZMSYWHP[\UQNKQTKIKSTRQFGKLHHRUTQQHFTUWROTVTK@EJRZ[OHELWNENZZTX^ZLOY`_UKAAFKQWTTSSWTTUUTQLKGHMROMSVORejcQJX\[SNHJJLQVYWKIMRMORLLMSXZYUQKIJCHJBTXWSLLNPQN=GTW_dszzwtkccaWTXWQ][TOPPOIPUMMPKQXNGKNNSZRKINW^VOWXNTWVVPILPOSNIIHGKRTQMQTPLLIETRE=ILLPLKPPOJJRRUTNPPPSTNLIJNQJHIQPPQNPPPJJH@CGPTUQKOUUYXOBMPMGGMY_[IJNNMIEHRVT_XYLRZWSTU_^YRVVOW\TMOVWPO^\PKSVTKUadhfe_Z\^WRGLTTJ>LVZUOY`\RLQPLPSKPZae]]sxq^BGPRRUPUWJT_XIHFO[]VOJLOHJSU\XSVSMMLMMPVYYYcgbZXSHIU[TJOMPPROHMNP_daWQGILPUYVOGJRF;IPONQPGIHMPIKPPL@HOKNLVejaQPRUVQHPUPSZUQMMV_eif\SONEPRHGNX`^XWXQWhlbU]d^WPVa]Xa^\YUTOKHJQ]\VWWNV^\`_PQUQSUSGM]ed`VWW_\SSSWR[_XXTW`^U[gje^VSX]`^VTY]ecb_RU\XRWTKHS[^XMLMWXRSSW^a\VUW\ZY\\\[\[Y^a\ZX]\Y_`a\aipoaHPZZ^\TWchdcf`ST]ab^XYWY^[SUNRTVdmmcUTZ]WY[\[VSY[YPQYTJSVPW[WY`\W[[LOZ][Z\_b^YY[Xi|ŠjaknfYL\fccea[`aWQPLVXLQRV[fgbOIRUFBQYa]RHILPQRWNH_e\U^cYUMTULTXZVUMMSTPNNQVWOU[\`[XX]_\TLOQP[^^bie`jnje`_[_`a`\dw|ri^\`fd[^ca`]TRSNECHKJMSOFGTPIMJITUMEIAFILPPRWcc\TUYUUTTSQU^^WRQLTUHKVWOCJPRWTI=TXMLRQNOPLHKRMNTRNZ\UPPQUMLWVQKQSRV^Z]dq‰‚o\ityztje[QSXWWZXZXUPRUZWC@T[SNVZWOHIKSSPFFMONHHNORPCWd`OBIPRNJW\\adn{|sptkgeaWRUXRNW\VUOOPYZWRRZ\YWRXZWQVTNPNIWXX`YRPSVVRKGMMSPKMKCEBCHDAQSNMMLRUMHNPHKQWXUYQMJLLKIURPPNOPGKPPLMOWYSNQQOLOPOLNQTQPNNJIIPQF>EGFGJMZ^[RKQUMIMOPIIKITYd^NMVZZTP\ZXQPPPYZZWQO^d\PPPNNZ[agaTXYTSUPQRORPDKONHOY_\OLCIUTNPNEMURThngNEQPLPRTZWMNPNHEMVZROQMOLDPZ`a[WMLMMIEBGSSRMPXZSGITWUMHTTF<6FKJGS^fe[SH=ACHTUPHBRXTRVURSSOIGDGKRWXXSPTZYOO\ZVL@KPVUQKMNNSSGLOMN[bedYOQQOXTLLV\aa\ROM[ddTOTNUSTVVYab\[XWTIBKMPU[XWWVW[ZXPJWXMHMNKTXSZ[Z``ZSTUSQVa_UVY[\Wblkd[\XSU[`^VRSR]jni]URSTSRW[ZUQNRSRWUVYWZa`ZY]`_YNS][ZVWglcYY]ZV`bec`]\__WXTTYZY[fhd^^[VTNOZ^\ZWUWZX\[W[Z\ch_MKTYWSXTPVRU\[PM[]\Z]_a_SNce\SYRPTVWY\`ed^`efjy…Š†xqmg_XRX\[_d`R\gcZXVYa^]_XSbji_PJWUY]^XWOOPX`b\WZ[[ef`\c`XNQ]VMY^\_ZSQ[^]UVWUKPY[XUXTRT[\UXWRGV_fdba_cnne]__bYTS_pzysj]]logb^UMOSSSRLFJOLHMSNJPRRRLHQTOMROIIFGLS]fgbRFNXXXU[RMY]ZOIGR\S>HOSKDNSWWSLPUSGOMJBDPPQTSLGLMPNLFMSOKHSYTOMOXYX\\[]q„‚ufgjv~zmgaVSWUROP[\UMNSTVM63FOWNKV\TNMKLQPSPQPPYUQMLRSU\VUXSOJNKOTUROLLPT[\^]ZXYYZ]ZNJPRPRV\[YWUINOPUTTTNQY\UORTOKPUYWWLARbd_YZ[UILOPWXKIPMJRUSNMIQWWONMOPOMGLMRSPKOUNFJRVVUW^]`\]lzxlflqjdb]XTNDVYRU[PRY\XTZ\WSW[[[YXWYSPXREJPWVJGNMRXPBCEKLOJGEDAFNSNW[NBEHMWYNIROFPY[[ZTSTVZXIENNRQIPNDJQTMOVZZVLJKMEDILOTWRMOSNIINRI@NQNJOSNPVTMLKLCFQTMFL[X_eg^QTVVXUYZVYTNSVXQMUQObe_VXVPX^]acbbbVVOSWUJU_\NLLPMR[^TLONRQML[]VRSLR]`RMRVSJOW[]WSQJKNNTZ_[SNPNPNOYaf`RGUTMDFMSMGHKQZXJEMOMIMWWTRUPLJJS\]\YVOE=@CHHKLOVUOIPVRWXWUSJCDLTVUOLT_ec^]YTOFDHOQPOKMPMNJHSUT[__aYOSY\YYUUXPQYba^WWZUOOQMOXXZYWXYZSQY\YVUW^Z\_^`_YMSOIEPQOORRR[XYcd`]_ZUTORSOXWQNSVRPWcfaXSNQOSTUY\Z\eptqiaZ[ZROY\ZRSRPOTXZY^_\]a^]WW^]UTVPS\\_`ZUVYXPPYdgababccdaZWULR_c_c^LJQNERX[_[RJRVV[_ZVQMWZSVZXTRXYSKHMY^YKJMT[\`hh^Y\b]RQPS]]]_Z^if\\ehckz€xobcb_^^QJWYS[a]XWUW`b_YUNQX_YQSVWZb`XONNPYba^XTajifaWT\b[Q\[W^^YUZ\\]_[TQXXVWZWUY]XUQOUWRRVPHX^]etqfmtqf`be`WRS`s{wl]Sahebb^WHDOVYVUPKBKMNNRVYYSLOQMLMQNBAC@MSU^aZXQRTRVUUXUSUSNLPMXSPCAKJECJMQWTTTPIGNOIGIJNUTROFQWSSVVZUTWWVSQSRRRQLN]_fmlnpe^p}€yl^TKMPRPKX^]W[\V[\SEQYZOIRWVRNGJNQVTOTZ^]ZVOU\XMPTRVRK?EJQXYXVWMA\eb[QSZXW[[NFMVTIESWMMTNJMMT[\\WKPUSVRMMOW]ZUW^YKNX[XTWUKEDNRPLHJNSZ\ZRLIH[a^VOJKLTYXTUSMNMQNHLX\YZVLPW]X_lwzx|wd\[YWSSV\TQYVNWTTGNSOLPVVLJOSONPOKKOJNQW__VLNOI@P`]SYUNVPCBHMUROTURUVRLLQRRSZ[TQTTRQLRUUNRWVZ]befYZ^VEPURVWWXVTTONPPOVYVSMKRTTUbe[WPPJVcbSW^XMMXWTQRU_f]VYW\VGNXZRKONRSSQZ`Y]`_VVUPKFTUIQ[\SMX`jni_RPQTMHUUU\]WQTdomgcYQKLSOJQSRKIOMKST[`\[[VSQW[[Y[VP[]WXXMMP[c]RQZhlgfdTS_a\QFS[VUTSTVRLL]b\A?PXZX^]RQZdd^XTSWY[[RMU]]YTQSWZaa\[WIGMLLQRMRY][W[YROV_dcebYm‚‰‡zwm[TPNU[WRV\`]YXXRWZUULMSZYTNNLGOY^\\_]YWZWYZ`c^YYYSQOS`_QJPSJMX]WNJPPV\ZY^YNMOU\_^Z\TLZ]ZWXWZdijfkvvheha[Y\VZxŠŠ€nbdcbZTXTGDMWZRLRTNQTLEHLKAADGMQNQPNSVROCHSXRNR[gdZW]bV@5FNKT]XSUUNJG;LUPPY\MNPEJJIQQNFFPWZXWSOQSSNQVXSA>SSTXXVVQJTeXUdqvohaZ^s~yoc[[VPQMRSLLQVUPNKDKVSPV]_VLSZYVZYPKPPQNU]^VUUTZZGJUUHIUUUXROPN[ghdXHGNTTRMQZ]XV[^YMHB=LJOVZ^YOEVYUVSOPJNVUMMOIK\`WKNWWUUUTW[^XHIMWbe]TVV[VUXXNLKGHTWPRWVVUMIPQUVNOROJSPN\v‚Œˆƒw]T\`^[ZRQGE>DJSSHJQJLUTZXPNGHLKPTTKLOMPUPHIJLY[UURSQPWYXOOQTTIHOTVRLLOPLAOTMHHIDPVSJNRPRSRMQQNISPCILGCDLOPSUPRXVUYZSTYTKMNNRSKOMLRXWXRCBJSQGEJVYUTUQINUWaknfURZ[WWSQRLSZXTQUXQT[fh]NMTZVPOR]q|weORRQMRTR^de`UNRVZUMNW[VS^^UTU\^[ZZXSFL_aWQL`aX[aa`a\cfZSTYTMORWZVVTSRMLM[bUIJNOLPURQPSSQNQY^YJLQQR`jaPJPUQGOTQSPIJE?ALTUUTQJHNU^ZY_`WTRULKUXWXNLSYUXXVQU[hrqfb^TNYWLQZ^]WRJOSNGMVWRIJRZXSTYZ[ULJHZ^ZVWRHYb_TUZSVbb\YPPSE6HRUJLP\YOHKYa_[\\QKNPYUORRUQAINP\gli_SMNUXUVV`hb\_gkljic^ZSQMLNRTRRYUGDUejeTIOUIIWUNU]XWZURRQVWWZ]b\UT]\ZYTS]_WOFJYXWUHKPMMMWb`XNMTYV^aYR\\Y[ZUPOUY^\RSWYWVUPMTSTXWQNOOGLTXTTT[[QOX\QJTVZdic\s‡‘“‡ujWSQKINXXPHMKPSQSZ`_YPLV]^]SPTKHUXU_hg]_^S\d``^Z\[QGKSZ]YNGVXWOUZNIFHT][XYSMOHLWXXTU[UY]^WNIW`eeglw{lYZUMPPPT`}‰†xa\_]`__ZJNQUUQIFIILKIJHNTMDMNHEKNKDGLW[Z[YUPQQTZVQVU\]ZNMRKLSPOLHGEFFMXTBS`YJB=LUQKJIPRUQOLJKNSXZTPNQP@0EPOPDNSMMNWXURhz€|kYXgxywi[V\YTOSSSWVKFLOGCJVYQLIZaYIISVXVQQUXURR[[YSPNPSZWY[VTQOWXJ=BDRY\]_UNNONNPUWTSSWZ]\TPLKTRORVXSCRVNNRPUPGJOOLLQQTOLILMRUZRRSQY^RHKFGW`\]_YL@HJHJNGAKYWIINQVWTRQZ_ZPSWRLSZ\\jzƒ…‹…kTTRZ]^VFTSPOSRRPNM>AROLLFHHCIQWZYSMMNNLPLEKJOKMRTKIILQRRKLNVUKNTQPQOSLEMQSOFDNXZXPRGDCBNVWSRMIJNNNGIJHRSLELSRMIJDNTW]WG>ALWYPLNEKZ[WSOJFOURJQY[WSSK?FSQWcmoeRP^bYSQSRPVVWTRRY[__db_SKSWMEJPix|vjVJRSSSOX_bZIFHT^]OJTZUSXWSPVY^_eg_SU[ce`URK_XSIR]`ZXXSPR[ZVQGJPYccYIM]a]`]ROURNPW[WTPE:ARY^[RKUWRQ`_VKGRWUNJICLQQSPDERVQGHAEU^cdUQ\\RINUMMSNNKEJGLWVPLIVYckh[YXSOVLEORRTNKSVMBBS[SPRWXVRIIQPNQJHZdc\YRNYb]UVXSMUYSYWRWVEKOGGU[acZJGPX]\WROPOT^c^YKLJGKRQPXa`\ZVMLSUUTV[X]cicRX]bkj]OINTW]_b]XZUR`d\TSJKRMTZLFX[_]^WPVb_Z\^^\ZXWSQROPUVRRW[caSRWWVPKTSZZUYYWXLV_\XX\URWNIFKRVRTTVUTVW[WUY[_a]YYXRRQS[]TS[`YNQZ\\\X_efhfz™‘{bRJTYVTY_]URRRLQ[]bifXNR]YV\]YVUOQRT\^YRWULTQOY\WYSFFQ]`YNIU_`[UXUSU[b`VWWW\a]YXTORNY\XRR[_WU[bddit|}sd]_`XPUUh}veURX_`baW[_YUOIKBDSTQM?ANLFQXQKLHGIQMFRW`bXLNJIJEMXVWWX\WTLCKQRXUQQLOPSVNFRVTRTXWOJFHLUYWPOKMVWUOFPRQVN?JLHRZOPMYTPQPS]x‡ŠaOVdnxs]QWUKFMORSODGQXRDMSTOONJV``YKFKI@ISTLIRTW[[UKPXZ]]`]QN@MUPRQCKOLQSOQSPKGMRQGNXWUZ]UUXMRNPUPRTKPVOFDGXYQMQRNTXSWX[UHHOQRRV]YWWYRNJ<>PZ[OELQMQQMUVUK<9CNKT\XTMCKX]ZVSONVXWPOPHFGMMGLSYWQIIMUU[dfaXUacZPNKMMPU]_SJIQNLOW\ZQXYLDDJWfmrrm]^ccYNNOSZ\]TSXTMMUTNHHNICIQQOZ][VNOSZZYWMGWUNIVXQNRRRORSWXRIKRae]HBRad_\TPMKCHOVZTKFHLNRPKMOJM\dehbVNMRVPIHLORNMNE8HOTPA0;DPZ`VAERWUQXWRRNR^^UUQSUORPVYW_d^QUWODDQUVOIDJTRMLAQYZQOWYRMQQPQPQOJTdg]STRSYVOUXQQZ`ZXY[[UQX_ZRWWZ\ULNTSSYXKFUWLW^[YUKHNTTLQ\gkbYSVYZXMMPPSX]aaZVSSbifWWXZTMQX[Z]agornecc[SMTa`GM[\ab\Y_c`ZTU\hle]VSSPUUKR]`bjh\QSZZNGLOX\RPQPTWQU``XYZ\XRLQTSTLEU^\PLO\^WPWba[^\YYONTafd\[W[YPQQY^SQSZ`_`~‘€iVMLOSV\`b^\`]RMNSaeaWSRTYXX\ZW`_XUYWTPCCBCGMLNYZ_WPLSafcWPT]]\VTSUY\b_PLSTWVTX[YSQW\`d`Y^`a`][_g`jv{sgbbfi\U[h|ˆ†s`ROZ]^faYZPJLJNKIPSMJCAKL>IYXRSNBMVVOOXbkiZSMDKFMWROSV]XWYQFKTRPKNNLOMRRNTZWVXZTMKNPKJRUPIOW_f`SHKSTZVA8LIKRVWX[WEKU\[_{‰‡wXNWeuuk]TSK@BILRTQW_`\KIOOOLNORV^d`ULIKNOSOJOUQNTWSMOSUQUUKRQIQPTVPRWPPJEGNPK?:LURSXUSOPLPWUTMS][]\MBNPCMY]_XYZQLRXPPSVUTUWWMDLVWSWUURIBKRLQWRNUUVX[VTRFEKOWXRMCHIOSXfbUNWUPVVPSSS_w„†vgXU][YQEFLQQQONMLQUWNKTSTUUMMUSLUWNNUPPVXLKQOMRPMMOINNOJ@JQO?LLMTVVUNEOQBING@7DUXQMRSPPNIHOU`^VSUQRQKNSUTUYWXXLAKQRXXURNPMPWWWUWXWOJJSVOJQRMQUPCNVNPTURSRSKEQNLOSSMKSTTQLKTWIEIRY^`SV][VNISTJNUTPVZTONLLY^]^[V][VTSFHRVQOYYQKIGOW_b\VTRQMKMONUad]ONXY[QGEMHJLTS[d_KHJNUUPVUXXQHQXQKPNRV]inkcWPJLSTOJNJIICFS^^]`cdflk`_\TQZa_VQPV[[WRURKFCEMUX_fga^YX\TU^egdZTTV]^YSPYcljf_YSOVNJKQ]_XTW[[WMPRYY\YSW_ded[PJIKW]\[WIOQSUUX\[TPKKQOZ^Z`ea`aWGISVU[\UTMOY^j€‹‡qU[_UJQYSRY[XWTNRURXWX[][`]SNPSXQUSQRX\\TIS`gggaXLP`hc[[XX^ZRZWMRRTXZZRINQLTUIIRVUY\X[dfaRKONIKX]dmwug`_[\YWft|{x~{j\^\TTXVTVXdcY[[UU[UJEHHWWNFO\]TNUWQOPTURMLTZ[WTXZa`YHDIOHCHVTNTVLLPRRRRIEQXSBAJKOQPTOJOMSSQUTQSWWXXRR\]TSXMLVYYVRPWbbZ^w…q^]syoYIOPRPFHSLFPPMONGHS\__WOTXVVSPFJLEFJNNKHTYKB@LXSGFEJMJPXSRVKJQHHRQRFCP[YQUVRMMRPUY^aYRRMPROOQSPQWU[c]RILMNQONQQUVSOLOTUV[_\YYQHQJDTVJ>KGDSUOS]ZTOLMQXXPF?9DTZPGE?BJMNOQOT[fdn}Š‰{fVXW]YQTTULSZTOOHKNMMRSNRWMMMGJMUYTUUUTVTKCFLEHOHLVQLTUNFIMQORXVSGJVVTWZRIGMLU]\XSPTUSJJNTTYXQO^_WVUY[WJHQRRLGEDIDHRXWRVRFKUQA>DJKNSQ@8EILQVSJJLOSTUSZZd_]][XROQQVV]]RR]aaZSST[]\_cgb[VTSMJKL[kod]XZXXX[XTUNFEHFONE:GRVVNFKV_]R?EMNQJCMUTNOTg_PRRGMOKHMXY\TDJMQ]__^SNV]a[SS^[WRMOJDLOLLMS[ZOTWUVLMUXZ[QIKS]b[PHGOSRLEIPRWXOH?>MX[MDHMJIENRUPIGJGDIIQ[^\XIGMKOUUSX^SSUKFNUV\XSX[YVVXURTQHMSPSI;ER[`^XSLLJBHSWX^ddWJSTNLIOYWPNLXWcfXMLQ]^ULFOUVWTVRNGNRQDL_ed^VSTY[TNQTVTPIKVVSX\`_bee``ZUOVZ]d]QDPVNEJFJOLIHSZ_a`_ab_SPV_^VPOERac_]WRU^aX\cb[SPRQLPOKKPVWVWQLFMM@FEBJLKIORJIEMRQPHS]`acb_YOWVLIMKHHIHLE=PXTIKOMMNLTWSOMQQNTX[dhd\[UWZVTVXSNQRRU]_XFFGKIHMLKRW^X[\o…€wuslULPLKSSTXUMJR\YOLOPRPSURTY]XKKMNDFJECQYXY[VPDCJMKJOUQSTPOOKDGPVWVMHRUWO?HPMKRSOQ]XJCMTNLORSV^_[YREQQMJY]XUS[^]]]cjc[i€†}l^\]_caVXZZUT[d`TLHJS[`_ab\WNGJR]`c`XY]`_^WSTWVPMMQROP[XKIUUNKO`cc]XY_\NRTPNUYSLSTNLLLROW^[UVY^W`orjbZTNQZ[JSovqdcbXUWZYXW]b^VOJGMHJSWSLFGPNKOUPACOTNMUUIGKY^]^[XTOVXLBFGGA@NUMLV[QMTPKLRMHNSW[\RS\]bf_\b`TXZPSYYPPRHN[caUNJ@LQIGKPY_XS__u…Œ‹{rZZ[XSUTSTUYUQSNEAINQGGJRUWSJGIKILSQNZ^YEKKMQTWWSPOMCLSTOMLKBITUUNAMWYXRQRMJOMORZZPMNRW]\TLRUOLMW`ZTSVRGJPPMHLUYTQTWSGG@EFJJOMQYb`QMTZ[ZYRPROKOOQTZYJEKKEJNKV^ZZSJQUQKRQRXYU^]Yfm|q^bbe`YSQLTZJGMUVQSRNKQTQNROIAHVSECMSVVUTQMGGQXYXRNIDMQMDHLWZQOUPFDEIOLHFB@BGIQPOOMO]^XZ\USRJISWOIIJOWURURMNSQNGKRSUSRJ=BFKMV]TQWdieYSWSQMPW^aYTRIFSWUMQZZUYSBQUQ^_[XQV[c_UNQRLFHDKTQVZZWVZW`cfhf]V\^[TNXZOMPRMHQKGTSQRTLDBGUXVSKMX\RIR[_\^bb]W[UY_caWJU^YLJQSZZ_c^XVQQSURPOSYSRYVQPQRWZZXG:HQZbbYQT`e^TSWWUQWZUPMKB>HPRWTIHX]QITYNITNCGPXUOVYZUSVRJHPPKRYVOOMPLNWUSME9JDBIGLQPJT_XNOGHLMJNKSVX``YTXRV][[ZQLRMJLV[]XTY__\KEMRUTVOUWRUZZZPKQYWVOCKGPYZYWOPSPIFJOROP[_YCCLHLQUTRQHDQQVWUUJBEKPPLNSU\`a\ZSLGDHMT\ZKQTOJT`a]UIAA=?OWRKMTLBGCGSXQKFJVVQACEKRVODRZ[WTTQRWUMORMRdkbSK[hfd\WWTTYYZad`]TTYZVUQPKNHEPPRafbYPY\W[\]b`Z]YJMQQPPSSPT\emqnf_[\ZQWa]ROLKUVRZa`aa[USWURW[YLU^XWTMLKIQVVQX[][U\df_VX[ZUORSLROR[XUWRKIOfTIQTNMLNOPNNNOU\[OEQ\WZfjiie_ScgeYZ[NSWUTQTMM]b]WX`_acakˆ„vXRX]_]V>R]ZV\c`VQSZZTSXXUOJCMUSSOSOHLVZZS\bZVRU]\RT]^YZYVUSOQMOchd_WU\[W`d]QFPTILRPHLSTYZ[Y[VUY^otqohUJ^^ZVVkƒ…~mhd`Y^YVXSOM\b^J@MTQI>DOWTRTROIKISWQOUUWTLNZYPTWNC>DQRIHNPQUPKJTZUPSXWSW\__\VTWVPOTSPP\c\QW_[SVQOTSOKQ[[P;KTTQONHNPJU]WPdŠ‡‚viWTZSU]XT[\[ZSPPUWUPSNA@IRPNSQN>KRPQW[^YPPURSXZULCQOKJR^ZPLGGDEMSORVUR^a[^]XUNDBMUVTW_c_\\VW[VLS[VPUZYVKORROHPLKUSQ]\KXn~‚}ufVY^abXU^^\^^[UOKMNQOKCAIMSVWRLNRRHHJPRRVXWY]WOQW^WLQTKQURSMHLFDNQPLGJQG?EJQSOIFGGRWQRVUSPUVPMIILRTPUWGFRPMNPSPHM_b[RPQMLDCJPPR[^UCEBDIPNJKKLHCP\aZOJJRQLOONHANNNSRSRPPQYTMIR]ads€xpg_de_UPVUMJEPOQRPONVTLC;CRNEKVWSMNVTQLF>HRSRWVNNMKG?EUVJANRQLLQTSVSSRUVNRSNOOCIRQX[YWQRKIAGPLMIHMLJGKTZa`]WPPRUNCLRSNRSOGKUVNBHZ[PCDLOPQVTJGMRSNHHIONKNNGFNQUWXWRXZVSVZSXXRTWNGJPQRX]^UKQRVSQYcemogUOYZPSTNKLJTX]fd^XPSYXUUTPJFFGPTVROSPQROMRUXSLJGNQPLGHOUTQRZYN?DIGKUZWSTUNMOTTPQSRRMOWZ`_[QQPPQORVUQFFNU]ea[WT[[bg\LHFKOWTPJCKPNLFHQYTUUQFFLNLKTURVXUQ``^eg\NUTVVVSSVYRMWWMNIGLGGLBIQ^_ULTQOUZROV[aee\USPW^`^]acZWWY\X[YW[YNTH@HRNHOTXafe[I=IQRNOKTZfj_UOUXV[Z]ad]TW[YMLMPOHKJHRahhbRTWSQ\`^[YVVSNW_bb\[UINQWWRQUUOMNMJENVWWVQRVY\YUPGEPVWXWZYYXTSTY]ULPTXUJKQXUOIDLXYROUXNNWZUHOTXSMZhdUBDSVae^`XTZ]\XV]_Y\b_WWbhbgw‚‡€{pbYYURIIV[YQHGHJMMMLJVYWZ_XNSW[YQX]^YWQSZYTTWY[SRbfcYQUWWUWSUXUZZLBPZbfa`]\]TNTXXUMMNMNT]YNQYY[dmla[[]_Z[SPUp‡€zofaZPMQRNQRKHLRTVWLIQQQTUWUPLCJORT]c]Y[\SLN]df]NRNLU\`deb\VOOUURT\faTRSHNLPSWRGP_hjWKTWMFKU\^\OTP?DJYZQZce^UUUU\]XMKTXQPZ^kpeYSTX_``\TSWXVOLVYVNQVYYX\WSKIOUUTQJGS\a]VUX]e_VOTWNKS[TW\^\USZUYQ>HMT[ZVQLQRPMKJSTQU[VNUZXTPQSXUYeaSOAHOT[[_aZQOTWZ_^ULTVSXdkicdr†ticb\XSP_fe\MDLMNNKLEELJVZVSTJS\VTY\^PLV[XSRZb`WQO\\VWWXSX[\`a\SNJIPW_`]YU\b\LOXYSMOPOPWbbWJQPYhuxocbaVOQRVYXx†ˆ€mgkh[PLNMGNPSY`^RLC>OXWVX^\_bXDCJIFJRRAB@?HPPOVYUWXDKKIQTQPSTUWXXXOORTYSJDAV]]VFQ[_\XZ^eg`U[_QLXXUQV]WOQZS?MPJLQPND?UTX{†‰Œ‡„…}kZWXY\^WPU]\ZQHJKJRMGOSNTYPLPKR[XM@LY_a^TL@EMOPQOOHFS\ba\PKKKMPUQBO\_\SM@ESTY\UY\YYTNUZYTLILOMIQ[^aVIGNKOW[VPRSTTQQX]RDKJCKTRQU]_WLHHGRPQPV\UKFKVXPEKMLRXVOFQVQMJQQI=@CMVQ@Ifnd\g}…~kcX^^^VNMTWTIQKBKMT\[NGKPQYNPWQONHIPSNI@IJKLIAIEENQSPNOWZUWXNPOPUQIGPUP>FMUWM@ENNLPEAUXLPXRORNNRRNSVRHP[VZ^YMMX[RMGNPRQOKBBFEEFNKQQRURVTLAKHEQYUTUTNKMVYSRUXV[]TNOWTMU]XRRSXVRSTRLVQNMU[YYRGFU`flstjVMQKINHZ_Y\bd^^ZPPTWXUMLNNOPWUONMTWWUVWVTUUQY]WRRQPTRPRTQUYUXad`XWZXZYX]\]]XPIV\^[SNZ]QT`b[WRLFGJDMLFHQQJHNRUPKHKU_aaYJGJLIMTTZ\RJHGLSWTQNPSPOIMNPMGQ\`WQYc`XWVOPPNUWSJBKRVYUJIIJJDGQRPXab_]WTRMHP\ecOKTVORV[^WWZUMX\URUWY_d`X]ee\Y[YNHWa`QMRW\[U[a`[XUOIPTSQQS[jmg[VTUVZSDKUQISW_fbXHFSVTPQSTVYZYNPVMBHPY]ZZXOLV[][\[RLR\_a_`aXXULFNTWYSRYXY[b^``^ddWPURW[\VMMRRNQSOVQRUPFGOQSSSRRT^d]VQBGY\TS``]RMQV\ab_[WW_afe_WWnƒˆ‚wnlg_WRJRZ]`XQWYMUYOKLHK\[WY\ZVRKJYZVOHVXTYWU[\VZZTX\[YWQKT]ca]VSEAILRZ[YUU]]QIQVRQWUJPW]_ZUTZbbejhbb_UPQXXV]at{{wkjme[VPOPWYVRW^\WXOEKLIRYY]c_RJNMHNONHA9;IOML[]WTJAELLKNPMOYbWLSQGKSSYUKRPJCPXRKSPPQRR[aeWM[^UVVWTQWSMIHMJHINSZZXYVVYQcxƒ………„‚w_XY_cdb[\add[HDAJTPOS\^ULLDINPTXZUNUU[^UI>DIKQNRTJFPV\aZOFIKFFJRQTXXVQNNMGNP[XNIRVYZ_\VPNILPTQOQVYZQDCGLV\]\\XSLIGMX[QCAGC@GR\^^YKFJRYXQMMPRUWNO[^PKMGGMWbbUX]TQY^b`YQRJDJMSRH>DIPSUZRSZXSW]WUTOTVKOQTVQP_^XTTPFLU\SJPSUTQKDBEGMOJGAPZXRSWULMYR=SZ\[WOJSULTW[[Y^_[YXXXQV]a]_`XVWQONMVYVRV^VOUNMVimintus`@AHLIS^VRSXZ^[MHPTQPROVWVZ_TMMJLZZPRQJEINQRbWNOKMQRLKTW[XLJX]\TTU]a`Z]`_ZZTW[^^[VRPZYWUU[`^NB=APXWSXYTFEDBEHDGD?T`daRLJKNIKOPXYUPGDMUSLFGJMQRQIKNOX^^[RKU[YXROQUUYUONNIFPZXSTKFISWQPRNT[WRNMKJPGLZc_X\[WWW\b]X_[QSYVOLQO\ecWQ_faVRRQKOTUTQNVdh`TZa]ZYWNPWZ_]_[[gjhhc^]_]RKMTPRMN[b_MNUXZWNGPTZ__ZOPRGJOX^ZWTOTVXQFNUQSV[^`cZ^a^SKORTPZXJR\cc`bdc[YbcWRZ]ZXYVTRRFDRWYSRZSIHBEQZWTSQZZRSPH@TbbZ\_[YTQRV_aXRMS][\ab`ao‚‰†|ndcYMJSSRPZVPQTPOY\YY]^dd[TZ^\UJMOLOOOVWRV[VT]c_RQDLW[ZRN\b\WTPPPONR[`^XSOTWXX]^ZVPPNQMLU]YSP^bcge\^de]VNUWamxƒŠ‚wljf`_XHDOUQEAMSYZTPQJQX[_]TMPMPPNTUQIJIEHMMRZYQG<>ACJTWYUNUb`SKQONNRSRQUXTPISXUPMKOUUYYbbOOSVUTSSTXTLIHMNOFAKU[[STSU`_aw‚‚ƒ|{qgd^ehgde_\[VOUPG@DIOQSSDGGLPNKHRZVRNHRUJ9APRUPMHCGPTRUTJGQQGFLOSRGFRUQTUTSNQ_`WUXRU[YPNNKLUWXQHIMQKJNQJNNNPSMLQNDIUYTGCKLEOU\_YTOKKZ`[TJEMU^`ZPRVTJJPLGLSSWXSQ\\UTJBNRTK@??DS\ZRYozvdNQX^\WSVQONOMSSEL\[SLQSPMUXYTQMHLNNKGGIMXZYWIDJKIFV^^NLWTFLR\_a]SSQWVVTMDILPNZb[WZRT[]SLTUTUMOSQWRIMVTQLNOJJSYVRMSVPOONLGLS[\RQPRLFDCBGRWMIYaZQHBOURLYeeb^_bcXNTTUV_bb^UY]WRFFX\]\VPOU]]WVbibX_owrbG;JPNMUTPT]]`_YOKMSQBGUTVXRLSOFNSZ\[VKCP[`^ULOTSRPWYRQ_^TV\_`b]YRWZZZ[Y[]UOW[UMKRXWRTUNRbh`VJHORPKUZZRH@EOWSCGKLNOHMRMCFIDFOX^\ULEPWWQJG?>PROIMNQWZSGGRX^ZUQORLPYWMOURQTVRHKNFDKUYXWTJPQKVZUW_^]afgd^_ZS[_]XOQZY]bbTMSVV[^[Y[]YTPMOMQPGJVWRRXTNSYX_caYUYZ[^a`VV\affb`[YYTVRWYQPX\^YWb_]\TEDUaa]VOQTMRWZZWXabYSPPRRKGO[UNKDFR]bYQUVQKOTPXW[d`WZ^\UZjl_VWRMOUVRLLNRUWVSPOFFEJOUTY`WRXXVXVQR]_VY^aaSEOWRVTJBETVNQQRKQl€…€xoh`SGSYXXXXWYUWTR[Z[UQ^ec\X]_[VJSXPVPMYXLJNOY[]VPIFP[YPSbkeVTUQRPPUX[ZPLLNSQR\_\YSPOTQLW_^SQWZ\be_]Y]_ZZTMMao~†…xi`_UVWI?CLNMNJPURLHMLOTLT_^\ZZRMESUSJ@DHHMMUYTJB<@>AEDIJJDIV]ZPHIRROOMLQQQYYHNPNLFDNY[XceXNMUWVROVUONPKQXUMADM[]YYUE[icanrp}†ƒyqdTPXZ[\[ZXWV[\YOILEEJGAKTVTLFKPVXUTOKQPIDPUSLLEJOSWWQTYVKCGSOMQLKQULJNQTWOKY_ZQSILRWWRTLNWZXXTQMKIIQYXUPMEKSSTQHKUY]RFJJBFWWWWSKCBNXYXRLNT[a_WRUVSPSRFFV_YRRW]^VQRMJLNSRNPOOVWT\{Š‰y_S^ac_TPK>FV\MRUQHQ[VNOSX[TVVWQMCGJSMJJHMNFMNMORTOPVULJBCOX__Q@ITXUSJISTTQOUXTRQTRGLYZWW[XIO`fdYOSZYPFKPPMKH?BEJHJQSREGRUMX_YWZ\XYVSVSNY_YR\YVQRTSVTWWTURQVXXRJT[adde^WTSRW_^ZVTLU\SLVXQNLNPRQLJRSWQNYba^]c_\]\WS[ZXTQZeaWUSMFPZRLRNQ]a`\XXXUXXSLW\XQIK`cUPTQV\YQW]\TWVKS\]YZb^SPRX\O?DOV[_\TSZWOEGIM@N\[RNMIJNKGMT]bYY]c^RSWLKTX\a_VPNIESWW[VOW]XW[VV^]qƒ†„sggc_aYJJQQRTUUOSWRUPPQQOKMRRRPJRTY]a]YOUXW[^XLMUWX^b^efZUZYYVWTHESTIGIVZY``Y[]UJLSUW]]Zadc\YX]ZZa\EIMNPTTV^s{{yyyyr_U\ZSRSLMGLMNUVWSNPVQMTTWXNWb\UTNONFLI4DHEGRVVPGMJMOLU_b[J;DU^^YMNWRPPJJQXYRWYZWWRIW][[]]^YW_`^VNRYZXZ[Y^]TMOUYVW[[VSco€Šˆ~urmebYPKKJIGQJMW[YSLINOV\UOW_TKSZXPWYJHSZ\YLJNOLPVPKHV^SDNSUPOQLGSXW\^[YYWXVRRPJHHQIJPMPRVWNNQXZTHAP\TAFRWPQYUSUUUMIPUXUJIHFDCFIXZVQQNKLV`a^SOW^a`XSKBNTPXacVELX]\\_\ZZUSOBDLPXZ[bovwple[bf_QHNPX]OH;DSRNNUYVLORNQSNQOEDJMMPIFMRINQOQMIRPHNODELOQV[[VTNLPOTYXOMQUSUUWYXWQRTREJLNQLFINJELSVRJHKTSOKC@NQQMBILCHPTQUTLGKF:ANOLMLHHJLP]ZEEI=>GLP\UPSVMPT\^TOOZ_ZPLMLONX\\VLILJT]aa_ZUQSV[YX]bc`]\_\OXYRMJLPTWZXWYUNSVUQS^fhf[RNIZeZJHNQTYZZ^BJTTLNZ`^\cd][XVXYXTVJKVYXZQFOZ_[WVVRJORUSMSWQFHMPKKPRRNMOQSOKJQTURLDEIPQSTWYYWUHBKOLG=IWTDLPMCMWZXUTTPGLWZOJKUZVPKIIPPKDJRTPNOQWRRX^ZZa`XXZXVZXZ^[_faW^^SQK@NYYPKTZTQUWVXQLQY\YYVQORXZ[^^]^X[^VLSVVM]eeVMOGJUPFOSZ\Y\[R^c_Z][OSV_hh`Y^ZKRXTQVWWOUWZWSVUVRMVa]OLNPX\VOHTVY^__^XW]]YYZZSV`bYTLTZSSTRN\bd^XUVZURTTPT[ZRGKTX\WMW\^c\VXVYURWSUUVYWZTMNJDS[X[ZZ\[VOSUSS]biu€‚~thfmmdRJR\XUWWSWQDPLOSVWTX\XWQS[^ZZWY[SMLT\cZJIV]a^^ccbXEV_]VPXXOKTVPWcd^_b]_aWQ[\_eb[Y`XNLVY[X[``\XYRPUTOWp‚‚~zyrjcW`\QTWPFFMIMRRZZOLMLBAFMWXZ\_ZUQOKVZVMKGBGGHMLIRURXYMNW\WPELY\YVOONNKIEN[`ZUQTXVPHTZWYZ]b]KS]daNPZ[PLPQX[QJLJLKIV\a``kt‚Šƒtkrpgd\XOV^``[NRPNNKOYZQVZUQW][]]WJDLMOY_bbRIOSTQLNQOMPKCJPPOURTY[]VS[YXTWVKFVYOHIRVQLQZZ\XVXWW^[NBESTPGPVTVXRIHKNKMILRRVWPTSMPQOOORSSNKNWZ[[U]]\VLMF?HTTUXWQFJO[^WVYUPLKMHDHEAKMQ`inswshcbbZX\ZNSTIEQQTPRQQNKJTSLHOVS<HWafec`[VX_YNINPY\YR[RADKTZ^]ZTZ`\WSTU\`^XRVX^]^]VMHQSSOPUTWNAQWXZZZ`]TSLNPWZYPKBNTSUTVWUTOOUVOHV[XUTNACJPZ\VKTVSQREHOPNNHGLYXOKS_bYOSVYRJPVUWPGFNWVHCUWUQQLGFMJNL@JKGFONMOMBFHNKINMIW[SNSTUTTTTSSQVUPAJWXXTH;DFCFHFP[YPKIOUUUMSVMKQQKOLNScb\fo~‚veXR\_cd_TIDLMFBHGIPZXMHKMMNKKOONMMGAA@@NL?GKPSMIOZ_VOUUGBKUTFDGIOMGFNQSUX[WKFLQLP_`UNY]SNKSUVSSNQKKRWXPFAGPSWTIFNSWUKMPPSRKQ[ZVOLBFMQWXVPNPQMRQFEOWUS\^`_][]XVXSRWXVQH>EPQSampqjTIXPNTYaaTOX[WP_ijfjme_WRQSXOJGMTSPNMRV]\Y_lj`WVaa[WVQSVUJLSNJOVVZQPTU^]VSLCU^`aSR[]`\YSGKNBALYb[ROFLILKJPVTKOUTU\^\\WU\\WQPPZ\W[[X[\YSRZVSLHJPPSRQMHGMVUSQVZULROMXSMIR[^YWRORUPIMLKLPONLEEQYXYYTORVYVWWPPWPJMRZXSUZ][RVZaaWOKJGDKUXVPKW^`\Z]]VOOPNV]\VKFFIQRUXLHRUPQSX[][VSQNLT[XPV]^UTOVfjcVTNHLPRYegcWSLJOEIJKMQKLXXMROJMHITWXWUR]dbYQIIHHKO[[NKSOQXWVXXXRMQNKUTXZ\^YY[YTZ]_]U[[SOKOTYVUMMWV]bZUYZ^\VNLLNPWVRNQTRLMPIPVOMSSVVGJahfdxŒ––‹wg`YVU^d][ZTPRWTTVVYVQX^_XWVWZVWVTVXWZ_]]\UQLQY]_iga`bol^[bdYUW\YQNLVYTQPXWQV[]]XUWXYXR\a^]ZTIEQTPRUJCITcu}wdZ^]VUW]b]URLA=CMNQ\\QMFQTNNQPPPNYa^\UJEJKMJIEAHDEFNLCIHV]XYWQSSRQQUSSRPJHO]^TVTQY^SJLLOMKTYZRHFYXSXXTRWYWLT^YY^`]WQKLRURU`bbm‚ŠŒ…~m\[WQORVYZV[ZMMUVTMDIOZ_TGN^a[L;ETWPJQRSWVPMRQRWSJUKISUSSRTVTWWPIKUXL?NPRTJHOS[WKLSXXKAPSRVUURJIKMOBOVL>EF@KK?=GOTQQMHU[XGGTXVYZVTQMNQKJJISZXIDFJGKVTQXZOIOQR]]TQNPSRSNMQOBHXWgcev{shWNZhmcLRQKLLEHHTZVWUOOSUPKOOLKQYZZRBHOXSCJQPIKNPMMPSSXSINTYQ=?BB=GUXPQNPTZ]`VUY]\WQOQQKHVVKA@DMJKGINMTVPCISXTMSTNNOKJE?EKNUVPJSWOLQPGKUYWUUOJNOQX\^VQNOSRTOTYUJOai^Rgotp_S^dggZOS]c_MLY_aZSWUPOUYVUPLLMOS[]PHVYSQMJPLKRRTRQRIPSNT]_VFKVTL9DIGKTZUPOOMGEKQMKTRVXQJOOUVMPROJHORQXWLDHWdcVLOKGLNJKSVUOPSXYWSMROJSWXUTLLLDISVQMIHY]daXMQV`ie[]\\YMGPXRLT^`ejcPSQJJSV`\PRZTY^`bcgntm^SJELUWIPYUPQGBHQT^]Z`WPNPUZXVVSRQJKR^a`dUYXTWZSRSQOXaf^Q@DRbnm\TOJQXPPNJELOLLPNQRQUSPSZbaZZWSR\ZROGHPRNLLNOSX\ZUSQX\REMVYWSNMKNILMU][MV]]OIR]c`[VPPQMPRTIEKOIANTSUQQVRIOQMJOSVWRNPLKNMPX\ernZYXV_b`WW\UMOVWNQU^ji^ZZVIIOMS[ZSHJMWWRORYZPHDOSJM[gbXRMMKI\heYY[^_XWchgbXPVYTUbgd]ZWOQSLHW`^\_^YTLGKPRP^WRTN@BPU_aUOKQXUSTLPV[XOVSPNMMGV\__WJEHJMRUTPVW[[^_][WUURVYSDALSWXX[XPRLISWURMOZ__^ZPJJU\_^QGMNHPRQQWYXdnzz€‚zfOETYQTTRPSUSKJORW]`c]WVV[[TQ[^WPZ[PSWZ]^]\^XRKLY^_SEKMKO_c_[YXXZ[\XZXYXNHBEPV_hnh\RODHX[WTURWZTNKLJHSX]r†‹q\_aYX]XNNMPQDGNTXRMMOQUVUNGKK@>Q]`WOKIMKTRSUSUWUOLI@Q[_\SJTZWQKQ\]XV_d]THLPW[Z\WNFNV_`VJKKCI@FOQPPLQWONTYZXOKONQRSQIO]caVTV^p~ˆwoz}nYQJJIHFGKUQRVTPKSXRQTRSPFFMUZWTJCMPSXWWXVVW`d[PIEGRMECJVZSSUUUY\YPKIEMF=ELNOPTX[[PIQ\a_ZZ\_^TMUUPJEMOLHDLJJHILG?IHKJMU[ZQOQNPRTK@=BCJUYWTZXVTMDIQQQSVMRXWVX_^WMKGGFINV[[UONYTZagt~{mRV]ZVQQR`d\WYRX[SYZUPTVRRPGNNPOTZTGSVRRRRSPIQSNRTVWQJLPU[ZWTWTLGKTUSTSSNLOVUNDHQU\ZW\WPLLOVXMAIPHLUQRQKGDKW^^UMJGDIIGSZYPKTVXSQSUPCJNUXWKFJHOSVTQKCHXemdVY\`dg^TV\\WRONQMGGSTdlfUJPMJR^`X_f`Y]cjncchkcUJBGUSHCMORIEVXPDJPIFGPUMFFEHSUPLNG>BHROQRHUipfZTUQRTQORPNLPQSY[_bcc]_dbYSMLTYTRRD>LPLJMQTWR\_WMUU_ZSQPMHTbbWNR_fa]ZW\ge[YYYY^_]REHLMQURU]^X\a\TSRV^ZTTWVTNORTW_hbTQSZYUUQNY`[LNNLIQROLS_fcM:LQRORX[YTSUQTYZVW^VSUTJLYce^VV\`]XQTTX[SRPQSXVWUEJMQ\\VSNKRVSV]_Y\isy}€tk_PPNTWSMIHHMMPSRTT^b^]TNPOSTQW[d_QSTWY__a^VUT]oupbXV\caacaXSNXb[TT[__XWVMIIGVb`b`^WLMTWY]\WTQJ=FLPX\]^~–’v]]VQW]VOPKLLKMNRVWQQW\_YROQPE=AO\dbYPROISVSJLTSMQO@CV^ZQIQ[YNPZ]_ZYWZZSTTRQCIRNLIACRZYVKLB@EIMOMMNPQRRR[aXLFNKPMUYSRY[\UTTYgnz„‡€}|qaTSNHLTVTSOP]]VQLOPX[VRXODDKW[XQGJPOQUV[UORY\YVURQNUNPIQVOBMVY[\XXTMDGFBJMJGIJLOVTMPYXTTVSXYTRZWRPLMVYZNAHKNSUQCCEORTY_`XFAPYWQNJLUSPQOSZZZWWQGAHLKMJQWXUKQW\SPRMSOJIOXWPKHVRCVhv‚†lQTWTGHPRXXY[VZaa\WUPLRNICBHNRQRUP@;MVROQTSOMKAAGFRXSNKLKRYUPNNSWWQT\[VSUPSWQGJRW[YQPH@LPNOPIHIIDJONCHLECKJSYVSWWVNMKLMQRSPJLMMQWUMOROPTUSG=HQSSTTPJL_nmbVUTWW]ZRSQEMXSFDMLLPS`lmf^XQFQWSRY^YUZ]a^QN_nnaRJOQOORJGGONEPTLRVNHKSYTMQUPTXTSUSQQUX_aY^\SZhlbVPRYYKBPQZgnqj`WLA@LMMQTKFMOOZ^VTNMIKQ]baYMESVNNRUU\ei`RLNSULKS[^TOQLMSTMTYL@BLJKMOYXOONNXce_XUY[QGKSQSPENX^]PFPWVRTXZTT[bdZPNMLNNMSV[YIFMZc]VTQH=FHAHQTQGFVYZ^[]\]`b^SS]^[WQYWFEKRSQIKST[^WPWZOQIFIMHHRZ]VOQY\XUWV\cd_XLKRPRTPPNTXSPLW\`WRZTOURVYUMHTZY[_]YY\\ZZ]^\\ZVNIQSWYRRQNLNSTZefZHLMOOVWXWVWVOJJQOMXWQGINRUZZWQX^gke^TOUbb[[SJTVVYQTZXY\YPIGQOOQRTS^fjpx…ƒueUS\[SRMBNY\ZUYYVXYZWRQDGY__XW]_TPLNORZ]Z[ZTVYcjnnm^PU^YYZWWRY``YU^geXS[VJIOVQLWbd]PLY]UQZZY]XNFDHNPVQ_ƒ“”‡mXUPOTVTQRRTOD8LPRQBKU]\QLMLJIJMLalkaQNSOSQIG9DKKNLLNRRLNSZYWUY]VUWWQIQWMOTPPZXOMRMXZUTWXH;QWXYWONVZSUUPQOGHU[OPXTPUUOSUY_\PXiw|Šƒ|}yo_TPJOTUXNGPURTVPLSYXRNHCFAEMQUZVTWQSXSRSONXYSRX_YUWVRIPTH>IIRWTSVNCKLCJKHJHGSQOLJS[^VRTQMPMCKRRNMPYYRLLPPLKSOHMNKOV[]^YRPMTVTUQMYVRSOQSLKHNYXOEAISRNPY^XGOWRRSMLPVMNTQPTJKVUWhrry|tdWSOKHIKPWXYRKcSOQNHMRPMMPNOTSUVNHKQQICHFHQOLMLNVURRKFLTXUHAKTVSPSZ^[WQNMRLF;:HNSQOHFMIHNSRSN?DINJFQTLBCONYYTWZXQKHDFJGECESVXTROLMLFGIQWUJHLOKONRQNLckg_VT\`]YIHMBK^f[LNRMFMWclnfZQKONMQJIKNY]bb^U[hhf[PSURU[XRSXTEMVXXXPMLSVRMQQRNNRTTSKSW[X]`W^X\dhf\PMXa[MJNT\dhedd_SKMHEKNNRVWMAP[ZUUVQUUUUW[TIYd^UORIQYYYTVZ^[SQOOSMOROLMMQXWILRNFJGV`YNSPJNZa_\dc[QTSUUOHW[XZXOMPPPPSUXS^gh\RNQQSQOJBJUULAIYXOLQTKIMGPUTWWPNVRXTMMGKNRPQTT_^ZYUOJHPNGJSYT[ca\PF@GMOMTUX\ZY[YVX\c`^UV]ad^PBP\_^`a^_dbWS[\]WRQRYXVMHPMNRIOTSTLLQR]a^^[YTU\YY^]YTT[YNNHHIV`_XTQTPSWPNWacZQWUOFINPQPRNMRVMOY_cjib\OO\a]XVNFAO\URYXTWVRKRWVPKJORV_ghen|€‚‚v]W\XSVZURUYVUUWSV^a]IMPQWZ_ge^^\YWKPQT\`ca\ZX]abhrlXN]YZZQADORYXVZ\^ZWXVQLOUUPKRUX_^[`]ZSOPWZTPMGKLMRQ^v€}iZ^_YY^\URNJIDHOTKG?ENQSWZXRKD@IKQ]hkfZQJMMLKPKILHDLRY\\[ZROU^WPRJQ\\SOWRNNOQX^UMRRPRKMS[WLNQOQSOQX]WSTNCHJLOQORYWWXXSKS\bebY`t~z‚ƒˆˆ}iVRSQPSVSECLR[YUUY\`[TF?KOG@QTWWRX[ad\OPOCMTRNVZ_WRLHOOPSNNLJQOIPOFKRVUOJRTMFDFRXVXYVNKQQKJINZ[[TLMKMPGHQOJOPHNQNLJQVX\[TRMO[_YRRNKONNQXWNMY`aVJMPUTOPY[RMPSXVRQMUQIGJR[\QKOU]bahx{p[WOLKNQR^\ZYVSQMPRNKLPTQRNLQTSQQNLLMFILDFRSONOT]]VUNFCMMMLOPQWZSRX\_YQORRPKC@HFGGGLSPFOSQNTRBHPPOORXZRJORRUQOLLROIHDFKKCFNSTPHJJOMAGSNFGMIBEJIGJONNU`gd]XTS\\TEFRRIOZ^giaUFQW\_efaSPYXUZWO[a]UXZYY^ffaXMLSNSWPKYa[PWXTSPJOUUPTY\ZUOPWXYTLGJQV\`ZLT[]]YROQ[^ZTPSWW]_\YTST\[TTRQPRTWSGNXUVYTU[SLT_aRQ`c_YZWHLXZ\XQOTVZ\UYYUSOMORLABKFOSK@GS[ZQQRQLVdc]\[aec[XSIKVYUKNPRRQRJLNGKTdg]SNRSEHPTZY[WUSR[VTSTZYPST]\YZZYVVXYREOPPPSUPJMXWWXPQ[\\\UOUYY\bc_[PKJRGIRUTY[VFQVQRXagga[ZcbREM[`XX_`_b_PO]ee_ULJVYYXXTU[_VIAJQNRRMZa\TSYWW`^_b^YZbhbLFHPTVVLETXVXU[QJV^a]TSYVPPOPPMPORWWGH]dcimc^RMV[\[XXZPDR[\^\UUUPOQWXURMNUXVSZ^bntŠ‰yd`^^`[TNRXVRRNLSXZZTMOLONK^hf`\RKKIOU\[_ca[V[bb[bhdTTUSTXSMUWVYZ__WOTUOQNMKPWXSKMWZWTVUOQQSZXRMFINMPPWbw{q\[_[^dda\QFLNTVYRIGBKLPU[WXWOEHJQZ[djeYB>EGFKQMRYTKP[^]ZNLALY[SOKKOUXWYWSOMRUYVMPQTRLOLRUPNG@FPOSWY[VTVLKRUXSUSPLW]\\SOY[aga[k~…}}~{qZS[]ZUTZWBCHIPTUXX\]WVSINLINOPWVQTW]^XTSMHQTWW[baYXLKQRRUWVXZPAFVXTSUXWRPURA??FZ^STSFCANQPVRPPURMOQRTNEABFMVSPNNQMOZYXWPYa\WZYORMKLINVYYROKW`VFJJIFMUSQHLRQTYUTMLQVURTY_[RCIP[chltsnia[YUMLPTSZ]YUMTVTPLO[aXPEGQWQORNKONGGEQXPCLTVXYXWRMNMKGNYXIGSUNQWYXQRVUORKJMC>F;CVXTMW[ZXPCJRPNJGJQPMMQPJ@DPMSYURNBFPURNF:>CDKRRKFPPKBJJ@>HFFADHLLKgbWWWWZ[SEBTYYTT`pujYKQYRRYgncUWOQ^dc^[]YZXR]afe`VQKGBAHMQU_\SSWOGIQY][XUV[]`WS[YZXRNLOOSRTVRPWab]YTUXTY\ZZdjf\QU^[Z^ZYWVTPKLLKLOVUVQEQTPUWWRLPYXVUWRIQ\ZTONPTYZWPOVUKN[]WLEHINSQLALVZXVQML[he[WV]cda`WF=DMPJCMWXTYWHKMMN[^XNHOQFEPOX\\_a[Wc`W\fjfXJTURRNPZVMMSSVXWRPNUSOMSTKNHDOTROXXTQRVSSVUYVQPR@JW]Z]]VRSGNWW_hd[Zch_M@CDGLU]YW_^^WY[XWWUVXUSTTWVTRJAAHFMUPV\\XJOXUYZWYTNLU[^WTQYa\VWRSYRMQPTW[\YRLJNV[[XVPHLSPMUQJZ_^fpmf]PIIPWTTWSMLTX\[XTRVXWUZYVPNTMR`fe`beuˆŒ‚o^]a`ZTVTYZYYRMQTONTYZVUWSV_YWXZSNNUTVUVZ\WTU[]afj^UT[XPJJHQQKMJKRTLQXXXUMJOW][VOEKQJKOQZ\X^]UQOQY]\RNJbqnc\\WZfdcc[PGJSTSUNGGHMPTYSKSTRRRWYY_mlVDKIKB:?GIPWVYaaUVOKJLV[YWTF<7AQVZSRSV_[VQNGMRQLAHSWTKANVWZZZWTSVPLS]\TWZXMGZ`a^STX\cd[Yq†‹}}v~}rf[U\][]ZNDRTX[SOQKOOPWWOKGOYYYWWT\VUTUOHLUU\`\^[UWVPLQXZVPU[XOSZ[VQUMDEGJONEBJSYTQSVXSONKSZWLQTICRPIJOOLHIHHHMKGIRQRRNMRZ\TPSQNTQQLMNMROFCHPPJHFHKGTWWMT[YWY[RLRT[b^VSUWWNNT]eje[dml`\]ZRTXXV[Y[ZWOU^`ZUWWUNMNFHONGKPEHOE@IQUQMIGTWUUVVLCJNKEHPONSUURSVNLRX[WTRLKJIF?FJPOQORQTSJLQQRK>2DRTTURKKRUWWYTJNQLKRPJE@5>JUVP=AEJQNFKKLHCCIMJD;A[TTMMX[XUVXVXWY`hkjhWLPUQSakjbZVJPbd[HMUZYYY[[ZPJNSPFCLONNVZTLHHLOU\`ZQVWMKUXXURPRSPIFEOTOQTQKW]b]SINQS]ZL[ig\MO^`XSOSVQSURD;JTPJDCKJPVZ[XXZXQTJUWSSKIMPMRZ]XQK=DQSIHKW[][YUPTTQOLBMPPTMEJT][VMNW`ee^[QIGPUPDEMKHV[UR^_\\]VRQOGA=FGJPUWXWSTXP[dji`TIKMSNN[YJCIOZbc[TNQSNHLVVG@ENMILY_ZKORORSSY\YTRVMPWWZZQSUPTY[[bd\Q[eaVQORVYSSVXWRSVWOQOKLLTURLIJKEQSRVUNKVSERVZPNWWSFRTMNQZX\aa]`cc_[YRWWNHJO^`\[VPNMSZYSXZUNTTONRMJVTV`cddf\TXPKXWNHFIFNUPGILSRTPMLGLQQMYfjfdjt}„…}hSVVOR\\YUZ^T?=HIJQNOVVV[\\XZ[[VRULZY[VRUVXUPUZakmcUT\ZXUQSYYWNMUZUOKLNMQPNRUURNQVWPCHGHRWVPNWWSORXTJFGW_W]_\Yb^RQRUQPZ\XUTIIHNQC?HFIQPGKQZ^cil`PPNJAFNPNLIRXTPQMMDLMGLSUMHKXa`TGIMLLOUS\gebdnqqfaZROW[ZTT^[QMHP[\XXVQF>FET`XJA=KSSQRRY[Y^YRQSVSNSJGNSXWPOZ\PFGJO_kk`QSWTT]\OJTUGOabY_gh_VKIWTC=ACDIHDFLXZZ[WVXZXTLKMKOLNTWMLPWW[`YNOW\WOJ;E?IVYQNQMIKPUSNPRQQVZWSZXPPRUMDLTZ]USZa_[_ZS\a^XVTXUPOVPLHQZXQNMKJJNPNLIHEIRVZ]WQUYXZ[M>IRRRPY[SMQ]bab_ZVVXZ[UTZ\UQUQWZUSGAFMS[XSQZYMGPTWTREFOORLIYcdba\UX[TVTMIRZVG:KWXY]TMLQQMVXYcifhnw~…‚t_ZYVPPTUYVYQIIC:P\RGU___Z\\__[U[\TLZ[YZ`dWWYTYipoaPU[``ZY\[]_a_XPNOONSSQOUX__XV]ZTNMWPRXZXUSONMHHHMLLTZUaje`eaXYZWRU[_XOTQGGLZWA5JUWTMMOWccdbcb[RKFJILQQQPRMRY^]RFDDKPGGOPQMRTTZWPTVVTVYWV^[MHIMSYUKSUT[]YVSMSWYSLO]`VLHCIORGT^YOUZaicj„Œ‚|‚}ujb[VMHNTXVQQZ^YSEJPHJUYSKF?LTPQLNPSMSOPOMILQQMMQPTXWSYXPRPPQPRXXMLTPFLPNDEDFPNMLIINNVW\ZX[YTRRVMTXUWVUYYYPKZ`XLGJFDPURRUSLNVX[ZWVSKKTW[[WMOONMGJU\]\UKFMQTPOTW^[UZ\YSQQJ@FPWTLWfswkpwvj[RPPWZ[[bbYUPIMRSPKHLMFE?GMFKIEEPROPSWWPLQOTPPNLLGNQKJIKOTZVQORNDOSQSTTPJOTXTQDDMLJKIDASabVMKBOOJLHEI?NSRPNB@HGLH=9KROA?FKRUXXNIMTWYXPFHHEJLHNRNJOTh_UUWYXV[TKHKQYU_nndTFAMXULJV`^VZ^\TWUSRSSKNYXQUUKS[XTTWQTTMAALPUUQVZ[YUUOKFGPV_f`XTVRKLOMR[`XOSWUOX\^ZVZ]^ZRRVTKLNOPSVVUWZXWUZYZZRLO\f`SINZaa\WVSUSRTOQPXfbWLIOQNNYaba\YVPSTSQJGGIOSNUWXZXRHEQQZgh_OPVUKZ\VLS[YU_c_XVZ\TJJUXWM:>JLMI?GSX\\_\RPRRKHTUQPIEKMMSTMKTWQLPUXPPOSPWaaVTVPOJKONQPMMHT\XLPUNGOPHEV]_WUX[\Ycmla_`\YTNRTWXUVRNLW[YUQSOORPLILJKVPMQSTVWTY_^XQPUTSUTY[WW\]^XZWQTU]d]TQPUWWVY][XMDJMR]bYIOTTUTTVRHCGGKKPSRIAMUY[]ZTPLELQJ?@=HQVTILSRSTRTMVXWZTMMOQONOGN\ac]MKWZ\VLKMRUWUVXSSVUURTVWTR[`SV^[QMU\ZXWSNNOUVUTTSUQOPLJKLK[nmf^USPSTNJIV[LMPNY^\[WWRUYXY[YUWVQRSMSYOR]\YOSSTNNQQYb^WLMTYb_UOMQTWZSTTWdd_VHLSVQU\Z\\SRRQMFNTNKMWNEGPTYTORLHKTgpl_OKBI\^TNFLRZ`_\\SJRRQTXQ[`SHQXWWRKGSY^^ZUV]_VDGUVNEBADLSROPRWZXSXZTGERWX^XDJT[]OIL=ITSMEHY`ZH>KTMSVVU\\[XX\[\Zikda[Y``\YX\][TUXUOT_`^XOOQTSLU]XQKEKRQTURVWLHTVWWRKLRTZcb]^XZ]VUSTbhbTPWZVXVZVW\[UU\\\ZRVZYSYZRNKLSTRU[VLMORZ]cb]XUSOQSRMJT]YSRPRV\XURQTXWTepturq{…ƒv^]ec^LLSX_XMTXXTRHJV]a_]TNY`]WZIINOKDGUZVNIMQSPNNLELUWRGCKSNJOQOZed[UQLU\[XYVPUUTUMOXVSUVQGROPTXdiYmˆ‡{„†yc_a]XXYUIIPTTSWYTTN@BGKNPQSTPOSUVQSKOSSRVQVTQXZZUSPKORHLOIHINXUMNFEWZQOUWPPOKF>GMPSPGGFFJOWTMOW[]NEKSYTCSWWWNEOQNQXVPPX`ZMTZUPRNHV^]WTVUOPQQYVTTW^ZQJHENSWTX^\RRU]ZQIJSNOMDCUWblmmpy{m_\YJU\VYZYYYIMPNGOOIHPQGIYYTTQRSOJJQT[^WMBJKGDGRTQTQDGJLOLKEHGHMKLNTY]]PLJBIRRKOSQMNPRWWNHF@FQSG?HRWSMLADTUPLKPMGIRPPKGJUXYKLSLDBBBFQTQJHUWHFLKKGESJMVZ\YRROIHGFFAPX]_^adb[ZPJORTQRPLJJNQ^[W[^d`O[X[_ZQQUVQIJNTSSZXOLIIQUTIELSVRM\g_RPLEKMMJITYYNKT^`]VTYTW]^[VOLW\VRIKXWOY\ZWMRSLGMJOUWVVRQSUURD7FSTQRTRW]ZWXO?K\\VRQTUNMORSJLVYIOYVLRTNMH@GOTSRXfkeVA=HX]UOKQSRUPRUTNE@LMQVUIFGKLTTTUNICCOW[WOP_f[JFTTTRORLJVWTTLLSXUQVWHIYYOOICFW]PKNHJKEIOJGKP^aadaYQMONOLEPWTUXXWNOVQKOUWWSTOGE=;LXRGQSONQX_^VGEILONOLU]cjqqqt|ziXZYUQPZ]WRKJLNXZTLLHIKKFPUPQWUMJJOUWZTQIDOSPQPUKFLOJ@HKMGJPRSOSSKKJHLSQRUQKQOHJNMSVK@CORMH?CPWUOMOPNOSSNSPIKMNODMSOMW[XX[TJBDFNOOJ?AJH@?ISSJEFMKABOMDGU]a_TIDIOOJGMSXfieb]TQMUTQKMROMQQQW[]YUbcYUS]f_VXWMKMJKNIR[WTSQJBKSPRNIOOUZb_OHVWNFJQSUZYTZ]_\ZUKRQW^`^WQIIRRKHFRUUVYTSNKQXXPIKJIIHLMGLG?FLTTMJSXMZ_YJOL@R[YZYWTILQNEDOUSVMIWUQQQQKF?GNRUQVTRVPCGRUJCLDRce[SZURYSHQ[[UPQNHR]^ZOURNRSXa]RSVUY[XSNHGIONMTRDLPS[da[UTSPOW\WMCCOIMVNGNZafc]ZVTLEO^dd_m{ƒ…|pli`SUQMORKFQXTHPVS[`\NJTTPKJOOHFMNVGAJ\ik`UQV^]`baZ[X^a__]Y_^UPTYVN[``c`[RJLSOMLLPXY[]_]XdicYNOTWTRLMOQ_ptqgb\SNTYVQQTY[RIGTRMOKINSX[[WONY\TP\b]TPMDLVUVUPNTWUU[YLDFLLRYXWNCHNZ_[_`VINMNJFHLPLFLQM=GSSSQE?LFISQSVWURRX[YOCIPLSSZb_cda_pƒ}wykd`SYY[VYWQOGKWSTVUY[YZXPONPRSSPU\XJ?FMKLECQVRQPRTIBINLNVRKKEJORRGTZYONVSQORTNMRPPUQPT[^XRRMGS\PBKOOHONHF@EKNNOJGJSUQSUPNUXVONPKNZ\ZVNKGHPWPLPJMMCCLMFACMOE@A@ILT_ge[SLQSTXOQX\Xboonvzq^\VXXWUZRRPLJNCOVURQQNCFOQHBGSXTJ=CNUQMLHIJOOHOTOE?DQPLACHAGONQRQNIGGBNX\[SLMQH@AHPUNJTZZTMLRNPZ_[UQLCFME6=:FQOD=NQLHKV^aZSTVUVVPLQG=ENHMUTSNJGJNFCGGBIQXUFNTTXTNOTVP_mi]RTSQSVXOIMNSUPPNIT[SV_]WTQ^d\XVQPSNGHPTYRORPRYWW]`WLLMOU^aWKPWSSPLQZ[YUN`YSVX[YWUTW\`]URSQNLIDFNNNROLMQNRZZTKKNTZYPGHOJ=CVa`UPTEP_^MKNKTXVRPVVWLQRLHOWYZVIRVTNLLI=?FGGMOQTRY[SONT[ZVONQ[UEMWYUTVQQZSJGNQQNGLVRJX\TMRUXZbfd[ONPWa_YUUQUac^WRSNLHPTOJQWURNQXUKPXYMHPSIGPDJSSQRPRYZ__cf`^MDNXRV\\ROKQZXMIKV]_\[NOWTKIJNX\a]ROVTRPVTTYZTQPT`g_EFXZXUTIQ]_YQLNZ^ZRY]\QTXXUJFIRQIMPVUY[UMU[WV[[TMILPQGGMQIJOR[b_[ZUNRUZcbWJJQKFTV[WRYahgaVQMJRU^badqz‚€vlkj[SWVR]]USTPEDPMMTRHJOOVLDJNKCKOOUKNNWX[\VUUWkwwjZZ_hg]OGDRWTW\[WUUUZ\XJGJLOQPQVXVQU^^[enk]QQOKE?AJPRX[^eijllbNZ`]YTSOLGLUYVPHAIQSNNTPISYRQUVQQNPLBDNONSSNGLOQ^^VUUMKMKMMKUUVXWZ`_[XTRKKMIMMEJRWVQV[POOOSMCNROOT\caZWZWNCNUTSUX_cc`VSk€‰‹†{qf]\^_XNNTQA=GNLNSOTUNPSTRNMSWXVSVXSNPOKOSK@FIHRLJKKHECGRSRUTQJHTWS[][VW[XNIOIBHFGRVX]VUYXVSNSXWPQSOGMPRTNLQQOPLEAANRTTUPOVZ\[VUOSUQIDGG?CHLPUMAINOTUPLLG;7BMK=HU\^^^ZRSSOTMFLUZZdempv{uh\_]MPTRSZWNIHIKJLJKOLFJS\ZPKPSGIIJQTD4:HSYXLLQWUKMQTNC?LMKJJMMNLAHJMMPURMLINTXRLQVVTPTWPHHNOOV\]UIC=AMQDJMNPUUIDMQWOL[_UANYZ]_XROF=CAHXZadYJIQUVW_^WWZYSLMQWZXXUSXZRPVQPVURIIMMHEOPNMSWSSX`aVPTYWWRJSXRQZ_ZZ[VOMNNLEIROGERQQTVSOUVSORXcea`]^]XOSZYTTSRZSQPCCHSSSLLLRMJMEDJPXSMRVOJSGFDFQYXVVTX\]]bcXOLNWUVWTOLMGMUWVVTW\^YROSUQQSRVVUUTUXQMQTTKFMHFJNNVYMGU\_[ULNRRSUM?JTXWW\SMT``]USUQQLFJQRRXWOWYW[_]XXRKQVOROOJOZXT_YRSQQNQUZ_XNOVTQRV^`SOX`c]RX\ZVUX`bgptz‚~ocgdXV\ZUSTXXVPHHJFFQUSQCMPIKSWLFMHKLTXWSWUNH@`u|vgUT^bb`SINQJTba`\RUXPGKQOKORY[ZZTR[a`aafjbUUXQ?BOQNPUXTOMWfrun`WTVVPLDFPPSSNMNOOJC9@D@HKFNWYZYTHB>@CMJJOMKRVMRYTOXPMRRRZ[ZWKLTWVTXWTOPS[\RKNRTY\NN\XTY[]\UPV`aZUVZZ^WUTA;RUMII[effbW^r†Šˆ|ob`c^SJRTVNEJQPMQLFRSSVWXUOTTSVVNMORWRJQUURF@NVQIKKQTLTVMNXVVUU[\WTZSPQPP@9JK>IMCFNRVS]b_XMGPUQPRVQGCDENZ]XOILF==@IPLGJNCGPX]ZWRNQOJMUPMM=CIQOHKTWXZYRQTQOIO_\NUZTS]`ghaRFKMQTOR]htxvwvned^TUYWW`dZIILSQTTQPNLOQV\VNJMNONHLOJJOLQ^`ZVXTTHJOJBGIDMRTVVTMLIMTVRNOLDGMLSY[ULOZZWTWRKFHINONKQPNKJPUSRTSPRVJ=KOTSPTUQFCOQRVXVSLIR[YWPFJQRPRQPJ?=QURV\TGFJKSUOLJS[^a`_YROQSNEMGQXRLPRRJPX]``dd[PV]XVVUNCIRUSNLMVWTKIN\bYJAEKQVOPRQTZSQRROOLPWZVV\TNKRVYWQOSZ`__[VVTTZZVVY]YUW]^SEBIRUUTUOMLJHLQPT[XOPVUOU_^XXTVTGEOSSSUTMUZUMJHOWWUQQQOKIKRQMKOSSK^i`OOOJRSFJYZX\]ULPSSFANNFMQOLKOQTVVUX^[RMNPQV^b[_`[RPTSQMDN\XNKGKNFHQTMFMQHBFMPIOTVRPJHJNSSPWXVUXUNOOS[gh_[bc[\`YWTTIHPQY_^XVTPN^aXSU\`b[SRQQVUTXZSQPLGCBGJENNRRV\UPRTPHR^`TFLRSRNNEKX[ZZ[cfcXJGKVWMJQ_db^]VY[`cc_XUNISQY^UPPGDKLPPQSTRMJIFAGNWZPHQOMRT_daZWSY__cjt‚‡ƒtg\VWZYTWVJPZYLHTZVWYUPKGIOPQZULIJLSNQQORVXXTPWbgoodZYZX\ZS]aUNVXXSSMNSZXURTRQV[TTSIQ[b_QLU\ZKINIACSZ][UOSRQPXp}~u`WWTY[RMUJDILSUUPMNME@EHDEQY`a_VOMMLLJQTSSPSNLUUSXRSRQV\ZVWVNQ]^SFINEDPTYYOMURLTOLNMPWX[[WSSP[[VQKNXXTWVPPRPOIObjkd_^Zu…ŽŽ…td][WUUSPPQTVZVTRFLTUSY]]RV[VUWQMIRTQTXYWRHAKTXTNLKURTZRRVZ]]ORWZWUMRTOPTPPK?HPLJPTZQFX]`ZTOJFCJQSJGBLPO\[RNHGCFFLSVQKKD=DQRIKWY[VLRZRUZTNQNLEHWWUUUURMTTPH_bWQVUQOUZ_b^XHGOTOIR_kmlhotumc`YSWUX__JCOQKMQWUNMQQKLLKIOQKMTUTRMHHV\ZTSQONJGA>CGHKT\]XUQJFKJKIN]_[ROHLQIKONNNILTWYZWHJ\]QORSPIFHRWVWUTQILSRPNFCF?AA>?FKIIQRTWZSKGCJQMDJMPPLGIULITVRPQRYYVNLPY]`cYOPOMMNOWUQSUROWVRSXWY_ca\SOOV[VIFNWZXOLLDLWTSOLMY[UPQMCLVUVWU[ZQMNTXTKRWSSUNRRTXWWQMKX_^YWTPOMTYSXZXPNNOWSHD@IPJLWURLNRUZUQOJGN[_VUZVQMLLPJJTYUQVYWUYYVNFMTVYVTTSNQVPNJBGNVT]hdTFIMMLMNW^bd`TMQVVUVUMHOPLGKILSXYWQ]`VOSV[WNPVQOX\TNIA<@O\WOCBJLEDIWXSNQTRPU\ZXaaWMILNQUVUSMNQVOKHJQOU`cdd_UZZ\_b]SQUSW]YKIKQ[ee]XYei\XQSXVPKKKMQXZYWRHKLKJGPUOKPTLM\a[X\XRTUQSNLMLOTUYZYbe^[UIMPOOVY^]^_aYRU\\]RNPRTW[_`VNQSSKMRVUVTNIGOQMJRYVKGECKOS[XXZXXVX^dku…‰mZIUZWTRYVQ\\RFU\XXZUW[TPUYTUXSIEGMTNOPTZ[ZZXTT[nwpaZVYSPZ\[YY[YVX__PEKQSTUUQTZZQL[s‚‚xkaYU_^JJQKIHUUTMLOLF@KPLHGNTXY^ZVQNKGMPNNLLJQVYTXZVPLVWQQNNNPQ[]NANL;QUUTPHPVRROFILKT[[VQVVSOQOOPMJTTQNQPOSXYZ^kqgQSWWv‹‘Žƒ€q^QPMPPCHHLRWTLMHINRNQYXNJY_a`YMCGTTPX^\VQKIQURSRNQX]`Y\\UWebVUZ\XTUN?JXWYWRORMONINPDCIPTSTRLBGQRONGEKGEFMZ\WNLNOLS][WWPA>PMPY][TPU_]Z__QNVSQMOOPSUXXRSROMW_`ZNRVVZ_\\a\HCJUVOINRVboxwsphigZNQW[[PBMUWNJW^VGJMQOKPNA@BJVWQNJIKPPKOTMIMPI>?@>@MOU^\TQOCCLJLIF]c^XQRYTHKIFGIJF@EMWQMZ]UTTNJGIENUWYZ_ZQPSPEE::JRQOGINQRVVTOMTNAELRSQTVQRXSNFQVTJLONRPTZWXXMHQRQYdoncXRQMRUIKTVVVPU]`VK]`YRPXTCMMLIFOT]XNMKJPTQQTUVVNGMTQMIQQROUUUGGNWVNNRUSSMQNVYTLLQVYZYQGGKOPSMOTTIDMILOMHHDEENWMBIUXY[WWRFBGV[WSSTQPNGGOUZ]WTVSNNSPSVUNMJT[SSTSUVUOMMJHPSYdcZDBMSQPQVTX]^WSLQRHTXTMORSOQTQEINVSPOKKSY]^XPZb\VSRPLJGIJPUVMGMQONOPZVJFYgg]WWT_aVRPMKTUQTUPFKPNM>FURSTR]cXGNNKV]YSU^[YRLQSMFGPV`bX\ddUCJVYSSYUPMLSYXVKHMMNORRSOTYVIG[^[USTQOFJLAHU^XSX^YX__af_RNKNSVWWPOXUKMTTX\VU\\YYXUT[VRPILRPNORY\MACBGN]\VMKMMKSWLCFNUV\fein|…veXJQSLIPXWWXSTXSMOWTPX\XWTRW`[NJKP^]]W[^^Y\[VKPbjgZQLMQTZ]\ZYVSNPUXVNLQTX_c`]ZWYYRKNT[\Y^a_^ZQJR[ZSFEKKGCMNUNOo{yqf`TVVM>@GMIMNPF3CMONKQRG?=ENQTXVPOKTXL>ECDJLW\XVWQNNRXUSOMRTOOSKGHMDDPY^^]WROWZ[WRQVWVL3DGFQUWOPWSTTVUSUXROZ___hoj_^bes}‚w|gYWVJSTWUSNOQMKNNPNNGHTRMPWZZXQHMSROV^VOVTLMOJNSOHS\c_XUQTZb\TPRPHAEKLRTVZSFFIHPRJGOTVTUNHLKFBJLLNPLMMIKJLPJKJGKPPVXPS[YMOW[ZVJISUOPSTYTFLRLONEIKIOMIPOJGJXb`KIMRYcZXRQNMQUPNV[_^fpv{sjrpi_VV\[[VOICLQTXXWROLNTQXUMFLGENPJICJNKMQNPORRN>FLK@BKJILOQJFMMGL[VSZYQMLPL@JMHAFSWTPMMTQTQINUUSLJKJMPUWZZWVZUPPKHJQWYSGHMPQPMMMSTUOHKNNOX[RKNOFN\QVRTUNEJW[WQNMXWRC]qvriaSNW^ZRYWWTVUX[XQYb`YQIKNOMIJGAEJRNNSXYYXPHRSZ[PMQR[YTPLUVPRNJKJOTTWX[STUVXYRBEVZVTVWQDIJGFDKNRSQSWWVOPSQLNXXN>FMQSWWZVMGJY`ZTNPMPMLKKRXZYPIKB;JQPPMDFNZ\YSQTXXTVNCGIJPR[^_UJSTRTW_\SSWVUMKTMSYTOMHTXTQPGCMMQRPINKRYWOHMXRCNW[ZUUKEAIT[YTSQOONROJDOhoj\VSQMGIIFLSWVTGCGR^cbVJLUW^Z[_WNTZZ]^WPU^b`UFSWTUU[W_h`MJ\^JOYUGJTTMMHQ][TPOPNMZb^SPTVXP;CLOQONMQPNKPLNYVGJTXTUPTX^YSVQPY_bXKJOH?T\\\YOX_`[WSU^_][OJTQIKT[XSMFLPNV[YRSJUTW[ZPCHV[P^d`hrƒ€p_RPUSTZVZUPMXYRIWXUTRNMO[\UVYWXUOT[\XOUWOS]XXY]^[`^ZRPMT\ZW[[SIMNLNNPTSIMZWWUSLUXTNPVW\```cc^]][[YZRQNRE@KNNYajlcekg`ZRC=BKPUKHLL9HVWTOUVNEDHNRSURPSYYNJB@ACJSUW^]QIXVW[WVIESWZVQPPIJJNSXTXWUWXTKMTPOSL@GSTMTZZRDGRSOLQQJMUNPRVW]goibffgks|zmv[^^VPT[`\RHHRVZQCMQSSURKMTTPUZUPPOEOVSJSUHFJCAORIJMV[WVTQPRKJNQTKHPNKNOTX]ZOJLUSRMRUQSVYLHMNHFTTNVVWY[\YOKKPSKHPRVRKIQVNHSY[WPKJGCEOJHKNORLGG@HONFCEKLLKKWaaXSXO]aVSPGLNLNN>RW[^isz}|snomdXRQUSZ\VH6:GNTVNFIIIRUWQLHKPOLKJNLIMHETVPRSLGFJNRSOOSPQVVOJPVKCMUZZVPKMIBIMEGJGN]`][Y[YRKFFIPPJBGMPOQRSUTS[ZTVPMSTVXQGAKIIPQQSLHGOQMLF?JZZL=BAFQTWYVTLEW]WUVPS[[LFQWbgg`ZTTVT[UHMPSSSVVUWXYX\]WLEDIILONKQUY\ZWZYQY^\[WUTTUXUUVTVSMMPQOOPQXY]\TPOPY\UIGVaZVUNFJQQQPLMP[`_WONWQHSZPQWWNDIWWRSX]]WQRW[XSMOTWRICDGVYXTOMLOQFLVZWTP[b^ZTSXZ^`^SIIRSV]de[LS]]ZSYZW\\UNHIRX[XMINHMVUNNOKNJIPMCOQP[ZPLGE@GQTRYWTIKNNW[XOPOPQSTUOLS_e`SQSMC?HOLKMTZ[VJMV[a^]TKR\_^b^TNV\]YXZQOX[TOZb[\Z]\V]d\RUVJGOPPQFDNUTWaa[USUSSTUYXTTORWQOKSZXUQMOQQRTKKTUQOQQSQILWXRY[VTXYXVTVVQT`bb]VV[_]UU[ab^XUONPNKQZXOOCGKMNQUUY_ZVUTPSQRT[QV_]`gqy}~zhVTVONQTURZbcYQX`]YZXQMSWTLPIFXVHCNVWPYWNUVOSZ_`dc[RQSKJOSYeaNU]XQLTRQPMJMU``WRWTROPSUUUY`jjhc^^ZYXU[VPEMVTUWT[`nwwmYQIBAJJKOMEKFBRURHBRWUKJNTPQ`fd_YVWRLIB?NNGNSSLSVVUQSPJPWUV[[RSWXXXSKAPNKUXRPVUONTWOSPEKUWUJEOVONSYTI>GNOQSVVhqrf`_[l‚zih\YWTNW^]TNJPTZUFELKQYZWQPNLJSVTTRNJMPHPTINPKDFNLJOTXWW[WMRIEUZ[QALRPMMJPUZ[XQPNMNRQLLRWWRMINJKRKPWYUWZUPNKFRSOICIGKOKMQOMHRSMKUTLBRZ\YPTXXVSNNOOOJMNLNWVZYUMJRTTMMSUTQNQWXSJMKGNPOIIMMHMQTWUSRPMKI@=JNMPRRMMKNQMJSNIUTOY\[WJFNTNFLIGMMJGCIOSSMMVTMKLNQVWWQOXXPWZUPY[OVYQKNNV\]`hkaUUWPRTSTUZZXXVXY[bjh\JCJIWZUOXZVZ\[WQLLRRSTSTRRVUX__YURIKQNPNMRUTWXVUSVYYUQLMNRXSJOVW[^WLLV\\WKLUSLPY\ZWSOGHXXMLU^`YUTYZRIDHFJKLLKMVWSICHNMVVNONTYTTY\WQLIO\\SMJITXRSguveRPOKGKPTVW[TPLJIPRL=HSURKHLGGONKUXOMU\_\UZ]XMNTUQNTLAIOOTccVGBCLV\ZVCIZ^RIQUPMHEKOPRQRWZXVZTSTPSQLTITZhmaF?POTZ[RBMVWV`ihd`W\XVbhd][WMJMWTGEPVTXdbYUTSQW]SMRSYXUZ\WSQV[[YPTTR[[TSY^Z]^ZW]XMRSKLPPUUUUOWb^ZZ^ZSUQPUPSVUTahd[TNJDJQJLPSUQGOOSZ]VRTTYVVSSOOS[RD[_[[afj{ƒ|dV\JIRVTROYb^VRTXXXZURNUQNMJL\d]RNJO^]YUOT`daZ^hl\JV[YW[^hod]c\UOW^ULUOAHU\YQVYSOGMSQQSXgsskdig`ZWWWUVQWTQX[N^o{}pYKHMW[WJ=HFGGILOMC9EOXSG>DPL^msog[VVLLJOPQJSWSKIMNQONNMPOKJRYa^XPMTZ[TXZTZ_UMU[ZTNNNLOKAS^]SMXYTLNUYVTY[WY[VQYlsj\WVk~†‚zj]X[^VPX][SMPRPSSNIGS\^[YZWUNHRXT[[UJPSQVSQVQLUPJJQUXVTRYZZL=COXVSSLEHGJSY\]WOKLDEKIMQUWTTUMPRPNTXNMJLPKDJNRV[TJOQGJROKOTYZWPKKOZ\WSX[_ZIGRRSSUTOZXSZZPKACNQRRGQXUOFMPQPOSUUVSROK[ly~wmlwxuqhYUWJIPPRQGEHDMNI@>EMOKE>JSY^WLQXTLHQTPLFEKMRSSUZTINQRONNRSTWVMPSMLRXPJOHGJLNNC=GPRLIMNIGCDJGIQQMPMNNPOMUIGSTFLSOULGQURGEGAEKQWQHRURJDICGKNOMNWXKWYXW^d_WWXWTSRVXWSW[Zeie^YVUVWY]XWZ[]\VOVZ^bb[RTSQUWYURKHJTZPDHF:HMLKQRRJGT[YTNCBLMNQRTQMURS[XPSTROPWYUVZ\a`UQQNLMRVPQNKLLJMQTWYNIFDHJLVYVTRQTY[XMTSNSYTIEHSVQHFLIIJMSVSIKMCKVTMRQJOQPIFBHTTMVlyuhVKAAGVZVSTSMNOFFOWX[WJKNMPPQRPNNPRTUX]WQNRTRJJQPJLIBEJUU^c`YVSFKWWYTMT`c^TZVJHLVRSUTPTTST]\MNRV]WOOLVaqti]WLBKKHLVY[[_b`_e]SNS]ee`ZYTMFQTTSPRTQX^ZXTOPQSVXVTRRPLKQTRMMTTMS\TUYUTY^][^YY[VMGOTQMSWRUYQJV][UTSHKPKMFBNPRQYUPUTLDHROJQWPMNSVXWZWKQNNRQSUSGISSMS]PWeljs‡Š|`ZSKPQRIGHQXUPMIRVVNINSTUTONV[YTUSQOPXSWSV^bc`_elg]VVU[ZX[ca^^[UPQ\^X[YKGDOTVbe^RCOXXQNZafhmonfTLMR]]]XPPIRcaYgsyod[SKXac^UEGMHEGONGBDAJQTUQUWVXemn`PTJ?ISXYVTSRMEORVUSOMPPQSQU[]`[YY``YUYRQ][QISX][VOGCQLI[YNENVKLXZX[XY\ZZY[^UVeg_TQYs€}xekbWWKGQTLFJPSRMKPSTX[[SSMQVMNWTPY[YHJHFNSXRQ^]UJPWVSQUY\\RKMMX[[\XLKMOSV[WPMMH@IRORUOSWMGPWYUWRWYVNMVYUJENLQOCNVRKMNKQSSXYMPVSRSIMSTVYRRZOEKORQQUWPNJDHDGXZZRONOQURX^]RFGNTURSLKVey}uonhhwyjW[YUROOSTHEILGJLGNNSXSLIIRRHHIHEDPPPRTKDKRTPOKJT][SSVUQUTQ_f_UW_fe_QCFOTUSJMTRMNPIJNVWOIIGAABNX[UX[XVVTRVZYW`bT@GQPSROPOSWORZYWQJNNSWWX]VLJJLLNOOUUZ^jqpgSHKQY\XVULEMVURX[agbOERVRPRSGMSROHIQYYSKEJSPEFOQPQNIO[\STSSOQLOVUZYROWihYJNJLIKOMFINQVWVZWIJVY[\QHPMK]onc][\XPHUZ_^[\WTT\[XOHTaccfdZST\XOUSPWWLQZ^XLDMPY`YNNWUG>LSPMMQF9ARROOJQZW^_UQNTVPIALTRKSPQVOFJV[UNPKIQW\ZOLJHKPOUUVRQTSFBIPRUTSJHHW\XTSNIINSTTNJRKOXYYinko„ˆr^^ZOGGADNTURQRKFKI@@JTSMPSPSXYTKPWVQXYXTRUY\VY[cigc^XLQWWVZ\ZQJQONPW^]VMJNEO\fc[VUSTMR_`ejijc\NOTU`gg_VMIN\`Yc}‡zggeZV\UWWPFIJLQOIHDE@BFOWSQUWNIcokYOJBIPSYYPNUYNMYYWVWXQFMRNRVW[_YSTWTOPNKRVTQVXWVSQLQYSHV[UMJPOFKUUWWRQSV[Z\[V]gfefaap{†„wgmXRNIINIGKMRXTJQTTLJMMJHS\^YZ\XRWUHIXVJFBMNRQQLIMUVEDT\YVMJBRVXWUQORMEHOTNOTTPUUNMUNBKRPNNWXSLPV[ULOWXRTXTMQICNSH?@DGPPQQGMVXLG?HX[WWXSNK?CMQPWZ^UQLHEMJSZZWQMKLLMQV]\RKIRSNLIKQP_pvzzqen{ynYOUYXYUSTMEEFHJMKGNXYSKELNOSPJOIHOVXTOJHMPNGDLSONT\_[RTVTQUZ[WNDHKCDKMLLJOPTSNTVROLKTWWZQLXSLPTTNPRKKQWSQMKMNNV[\UKAJNRSNUXSMLKFKKCJJPVVPJRRFKaQOOGLTVTY[YSQPUVQNR\beiig[SYUOZb_^]YWVVX[TSYXZ\UJCPSNPQMPTURLRYZRPV\ZRLEIOQQNPSMGHJFBKKBTVRPOSQLRN\ef[WbbZTZUCAOPNIKLKSVSPQQRSPLGNKFIOVWUSSXQQVTLOX[Z_]QCFKPURTTTVUYYOJJPYYOV\TQVXSSOPTSSOQSV`jjbYUSWYUJKRTLHKX^a\TX^Q?ET[XUSOOOMSMRURPROKMNPI8ENLNTPUYXSPOMSUXZUNSXPMQ\aYNPUYRHKURLLLVXVZVHEGJNONKNVTWbd^YTX]YRLQRMSW\[[XWXYUOR[bmrm_S\]WVWTXYQHJNURAO]_c[PQTYYUPQV_^YOFEDKSTQX\]\cd^YWYVXXW_c^RMTXSUWWXPKTXU[]YSSTQGRPMTTIMOMUWVQKHVYKHIIOVZ]^UQPQRQOIFHNINQXcll_jw}xj\ZRGLPQRYZTRTMLADHHPXWOKORUXTKKMMMWVX[TOSUX[\\afkpi]NKXZS]gfZIJIQTVTONNKRLM[^decdZSSOX`bfklmjaVUX^ccYNBJUcjgk‡”v^gbZ\XTYZYWNQYXG:BGKC@HQQQOIDEN_fb]SKROKRWXPHKRTSIEO[\[VOXXVSNRTVKAHLKOSRUTQMSXXQLPTZ]SHRWYXPMSOOQQY]YUGIRWTRZ\^b_beZNq”Ž€l`NPVPORVSUUTVSORPJD@DGNSEAKRSOHUYYVYYJQPNRPJQSRTSXVRHJQTRMBGSYVQSMMLC4?FOLMUTRLDCNOFDIROFEKPSWUX\VPUUKJMHBIDIQWQFIMFKPG;GPUYSLGBITSTV[VMADEJR[_YLHIBABINNSWRNPRNRULMWS?LWVOK@HSPGYkvvsrrv{ykZTX[ZXQNOHNLIDHNQOOSVSNBBQSVSPF@GPWTQLMRSSPIFIGHJFHINSROKMSVYVMQXOACOUONQNEBEMSXPEU^a]\ZDBJIKSQKFPUQPRPSQHFCGMQUXNFQRPLGNQWZSKDHECMRSX[SLLKIFFhaVHHINS[\VQNNOTVNPZ__]dg`XULN\igWUXNQQUX\___\XXWUUUMKIIV\VPSVXYVSQZaXPNLNPTSSVWWVQNHIQRSSJSVRKIIW\bc[RZc[ZZ\PHPPROSSEISRLIPMINRMMTOKSXZYVSTXXOJLLQVX`bYFCS^\RNONGJT[PHLOSTSSXXQW^^\[[\VSRHKOYc`[a_ZWZVFHPSI?KVVTRXZ[XPHJV[YVSWSNOPOUTUTMNNLKRLFMNHLSQPPKLJGFILOOKOWRNQUROMQPPRQOWWQSUQSOMQOHDBAGIQT[c^g`V\YOMQTMNK@ERQJNSX[VWURQWbjonf[VROLUZSMQOKILMSX]]TMPPSXYURX^[XSSPNRW[RKRYacfd_^^]]_VS`b\XQOONTSVWUVQLW[TL>NVRPMHLRNLPDEPWWWULOGJ\]VUX]Z\[VQJQSMLPQOOJU]eigaau„kYYLJOPLJLJX]ULBEMTOQVPLMNVXTOQPKDW[UQWWTX_ff_X^_dicYJLZZ[``\TOUVNDKNMSTRT\_``_[YWUYUQQVbjjljg_UVUTNPML]][`\Tj‚ˆ{faZRTTQW\ad]TWSHCITWUQKIIEURPUPJQWaf`UNHMSQROC@GECIR[[RPNRZ\VXZUWWQQRNPWW\^[SSVRIKSX_]SNKOZ\ZRWYXVILUPKMRTSVSRQR]dbTRRZz†‡„xb\QTVUV[WTTPS]XRNMTSEEV`^TVXQWWYZVWUPOZ^YUTSVYZVSUSTSMNOQVTMMQLJLHINTLPPIHJMKMTPFLMKCPSVSNMV[XOISXTNOPNJDJUSTUQLHGQJHRTOBGKMPOPQQSQV^\[TKMLGHO[[QPJLOLMSTSUL@KSQRTOPWVKAQRQVSQUQNSZhnoojnrsnf^WZZWRPPQQSRSPIIORJLMNNPRUULOTQGAMPPLJLOLIQKGNNMKGTXWWMFOOOGKOJMURFCGSOFRSMKKJLVWLU]b_VURJCFJNOROT^[VY][TK@AKQRSYYNT\YPDGLT]\QIIFAIPW[XSMIJIJ@\XRUYYVSSRXPPNCJQMUZ\\[TSVOFJMZ`\VZZVRRWZ`^aYJPY\ZTKFKQX\UGLU[YQPV[bXLOORUNOVSVWNIIMIFMVYNHQYZSOQ[b_b[LLWY[\XVTRRPGNTOGINSZ[VNORSOFIKT\QIUQJGPNFOOPMO\b]PBHX[ZWKKJIKY^YYTTVUVYVYWYYZY[b^OD;>JQag\RZ]VXURQQSTMW^XQMOPRWTSTQQOPUUX\ZTSKFT_]TPMING>BNKFPVVNAHQPLQUTLJR\YQ[fg]\SKNROMLLSXTNX\VMFIKD?FGIQVZX\RLVWJE?;ELSSW[XSORXVWUIGOVZdkureVOMMVWNNQPMDMRVW][VUPQZYURYSFMTQUXVRRQJJT\]\WW]a^Y[UNS[SGNMPRSMLPUPMLRPNYTFKNLIHO\]VUUOKKQZZXRIL[fe[VSTRWWUSW[VMGJPPLU`]LQUOnƒˆ€jVVNOQQSOAKYXWMOTPRPUVLCANUWVXQLIUZYU]c``a\ZSW_][adb]OSXUUVV\]XWMHRTVVTZ[Y[cd_[\XTTTRVZailnl`VPSUTNVZ]gh\VPMLYmpe_aWSUNLQSSPHILPQIMSQPQLHKMPRSTKKPUbdWDJTSHJUXOHJPSU\_YWWYTXUV]YTVROQRLVYX\YPHIRUZXLV]UQKPZYZZYRRVSOVSEQ]^\VQRUVZimb]]L]}‰‡~mYbYTUWUVYTINTTRST[XUPP_cbbd[\_ZYWQPLJSWUTQXXTSHDQSKQUVTMV`YQOPTOMQKIMQNGGLYYMT`TJSRPWWSZZUPXVOFLNICFNNSQR[VPPOA=EMSMLQLEPUMLQLIY^^VQS\_WLKLOMTXRLIJLPUWTLLOQPRQNNLTZYWKMPUXUQW[][Y_jvytfolnsul`]VRMQOLOKIUQJKLOOJFEQZYRH@FUZSQRLLLPSOKTUFGUYQDGQRHDCCGJKKRRIEIHEKVQEKRUTTRLIQOMJLNQRRNNJILSYZYZUUUZZVRAHSSQMPXWSSQSOFKMPOORUVVPOWYQJE??IILPUURPYa`WSXYVTHLNRTWXZ`bbcYLMLLOMIUYZ^WSW\YZ]PNSY[USOHGMVUMOWUNMRWU_^RKR]a\VSMNTOBA@B;HHIQQPXXUUY[X`[TMPORVWVUVWRPILSPEDIOUXYTUY\ZRFMTXUBGVLLNQMRROMGJ[^[OQRNUUJBGKMKO\b_[XQOVWWSNLLPW_^TMISUSVhmbRIGKOV_[VZPT_YNIOPHAIU\XPNOXTKQOMLFAQ_c[ODIOPMMRRC:JWWNMKNINVXROT\]PTdh_XTOOSRJDLX\VIS`]RDHLMMOOIKKLIP\ZQQSFBDLNJOTOX\WRVUSQY[[Z^bklnvwk\VTX\SHFPQGJMKNRUXXUT]]XU``PBLQUQQRSUVZ]XQQLOYY]YTTSRPMHDMNKGKOMNPY\\RIY_\SLMMMSXVPTTRURDV^]]XIP\`ZIHNSXVPVZ]\ZRIOTQOWWS\edk~Š„r`VTV\ZRL?HNRRPXUSMLTQSSPROPTNHQQSWVRY[[^YKT]]]^[Zad^NTSSWWY\[VTX^ad[T\`\R^d[UYY[ZURQS`lrvukYGOXWVOU]ag]WVRSURS]`^^YUWNQTY^WNKQUMDCGHFGGDEIOMORONTZ]TLNRPJS\YVUPQZ\SPMQSZXRRROMUSLNTTRYYV^`\VILW``XW]]XMNRY[XZXV[VPQTFN[YVUSXRQUbpngg_\j‚‹Šƒwkc\]UJQRS\XSRRUYSPRU^ab^[VX^Z][TNKHPRSVUQUXVEGRX[`^XTPT_^MKRTPJVVK@IFHRV[[OP\Y@HHGV[STTSOHLQJIGMODGJIJPZZUI=FLNOYVFBMSVTPRUTRRQWXKDOSSOUVVWPQND>MPJQUWUOT[VNSTTPQVVRLS\_`WELPQOKRdmuxphkosy|oe\VYQIMKIOUKMMKOOGHJMUQPNEKWUOPSLIPPTTOLRMGPZYTQJKFJH=9DPVXYQDHMPRVXQSX][ZUQNPSVVQGNTMGIPLSX[^]ZYYTOGISWTSURMKQVSRQURLNHBERXSOTWQQVSPGKJKQSRJLLOLTaZLMPUXJKHPXWW\bfkmg_VTPOJILQPTUQV\\VXYRU[\W]\VQKR__SV_\MJPT[^PMQV[ZVSNMY_XOKQMNNILLOTVPHOWY\`YPRSOVTLNTUMJKMPPKJSRLJOPKR_ZXUY_a^S>NVWZYQRZ\YVTKRWOOOJFEKGMSTY__]WWZUKNOOONPYXRUYYSRYZPJR_hdVGHK[ec`ZXV[]VHFSVVTUXZVUROOGPRMKIIT``]\[WY\VMNPOHNZ`]TSJEMOKMQWUOHLVa_[YTQQPIHQUYSQT\a]SSUMPSLIKOKLPN[ZYPB>@EJHLWVRTPV][YYUYZWZ`gnklstpi[Wbe]NKURFFQWQDLV[WZ_`_]]TGCEMPSOMTWSQMESZX[TW`ZPLMMNPTVWUPNTQLW`d`UPVSV]ZZXSPSTRTUQR^ZOUVQPOORRWX_^`b\UZZT[\VSV[ZWXXZZdjlw‚‰Šp]PMU[XPQLLRMJSV\[VSNOX\Y[YOMB>KRTRORROY[US^a^XQYdgaNPUW^^\WPRU[][[YOY[UV_a\VVSYYUT[XU]jptuqeUV\aaZTSX_]YQS]]^fh^QNPMFLORSOKMUUK:GIHDIK@=FMGJGDENS^`\UWVMIRRSTSNQVQOKDDJUQLKHLT[VFJOMTULU^]UQH>OXQIV`aTG@MUTVVSUTGAHKNPRPPS[`\[W`mribahw„†‚}yspb^ZHIVW[`VMMVXJDMUW[__VOOURVUPRPOPXbcZMMXYLEOVVXYSMLRUNEJSQIIPVOFHKKSRQXVOTTGJLJDEQSJNRNSQMLMHPMRRNIFLQQPKQUSORQIGKNXZWVTYYSUGMQOJJKEHPLLKKPOGNPKBEHRTFNSOOKIMFFEEDEY`a[TNSGIMPVZdlprwviq~~xra^WRXMGJNEGGGIMPQLQQMPIBQTOQPIHMJV\[SMPMMLINNTSWRGOXTURUXVQMN\\PYkrpf^\URQVOIBHQVVRLSXa_ZSY\WMT[]b_]eg[S_ecUQT]]PFSXYSNOTNMOQSNLRUVUURNSVPKCJPVaXWPHJMMRVPNJKPPQTYZ\SDENHCMSVX][Y[YSPWZYUMFPVPU\UHHLNEETTRRSQJNZ^WTRRNEHQWXQP\\UVYa_XVUONPQ`jfZQQSRPQSQSTZYPKRPPURBBMWXUTIOUVSOGLX\YSUWUZVROKLMNUSSMONLQRJHFVYSMTY\\\VPRRQMIVYXTNOSZ^ZYUPLOLORSK@GGITVVSKFGKRPSVRJFEQSRWOQRXWY]acdakqofYZecWLTMKNWa\RNRTPNRUVXWPEFHQUUTKIRTTQKS^`]QSccVUXQOT[YTQY]^ZH@GPRNIQOPSXSXWTUXWSTPPX`YKTTQRPKGJWbbYV]ZZWRYXUX[VWXRTWZ\_`hs†s^\VUTOLJOLBJNRRNLMUXNINMS^[OHB?CDCDLMKJ[]\\YYWJIY`]XX][WROX\VHRYVQPNOPVY^^ZZ[VVSE=R_bcegdkoj\UY]]]XU\bdd]RPYY[__QJJGFGOMNFBLVXSDDCDHIIDCJLCGPG<:IPVWPQSN>=JNPNOIAISTJ>DT[VPHLOSYPHLLUXSSROKGRQQMKEMTXXXRQPIMUPMUPBHMGJNUX\[WPMX\kstpmfky‚„ƒ~zqf_TJKMEORQNJUQE>HQWZ_]TQSTXXX]YWXVZZTSNMLJFFPWRKLLLVZQCDIMRQNKA=KLJRWMERRNOOSWTKGIIADMOOSILTLEGOSRJMHKPKJONDNNF>AGDMRPTW\[SMOOPTXUIGSTQFKVTNPNLMIORQ[XMLSMDDC:CMRWRKPN9DTTT[enstqi]fovzoWVVWPHMNLQLJOQKLTTQVWRKKGHCJSRGCBCC?HRLEMNNNTVMFNPLOHJKX]ZRTOMKMJD@>AIORSPLJKNNWZY`_UOTU][TUVRPQOLRQTVSMJ;;KQPJDMQVYO?ISSBFKDJRRZedYQOHGJKSURPSNFJINMSW]]QMQUSVammhbfhe^\VNMLV[XTW[^ad^SUZSJQOHQZa`ZRUYZ_ZPRWWNUWUVSMJLJLONOFJONOTZXPNWWLLIOPOUWN:?KPQUXVRILRTOTWUROLKFBJPT[\QJLINMHLPURITWMITWTUYWNJRUVUWUKHQTSQGNPHFLOSROVVX[[_b`Z[WYVOR^fdUJDLOKIOOPUXRHNPJKOKHCJQV\WKKSVNLOSOLIHKIJ=7FNQRUZYSOIEBEHMPHKUUUPFTeidWJITUQSUPVZSPQSPJPVQMIITZXQMRMPOV^\RRRSTONIJLHGLJNTZ^[[[bhda]YbfcaUT\ZTNHMVVZZURTYSXZTTY`bZVY_c][XROWWVTNNPWXVW\TS[][MPVRMS[]]XOEIMORVWPJVWQRTRWVKHNRNNXNNVTQTMMTQT[]WPRSTPWUOSXRQVRELJQWXXerƒ}me]]]RQIGGABSTSQHCBINQMLOLINH?P[eic^ceeajqo`KSXWNJGBJNOXSOHMSLNTUTONGBBKPRTVTFEKJOG>QSRLLMJJLRUTVWOFEBIIIPNJOSPLLE<EMNMW\[XPKRYTLDDKNKJEJPTY[XRKGSUUPFEMPR[XRSU\]\WOMMNKHIMUWWWVTFGNNTQHU]\YPGJIBFGGPVNIKKJEDOXVSSPHRX[ZRKSX]XLIAKSSTTTORVSLJRX]\ZTLEFSUNPOEKOKBMVWT[aVJMNE.ISQHBEJQVWKITYYWOQTUVSWXZXSLKMHFONHMVTV][WNLY[RILJNNLPQVSLDFJI5=TYPTHEPTNPPRQVYY\ac_]WTV\^emqfYXXQOX\ZYUPRW`c^^WSWYZY\aecWNQdl`YSKNOM=KXY]YTLBO_]NNSTOBHTTPILPVZWTKPVOOQTNCPXPHPKESWVTUWUSPHJLGPMHHENRIKWWWWRS[XSQPUYRQSTMNUQHFLQOX]\\[RLNNPMKQPW_]TOPOIJIKPLEMX[dmkaOMNMAHPPOKDEV^]YZ_WE?BGPRNEEIGIGKOQRNHSZXUU]]UWWOO_]VPIOVSEEU[ULTRMWb_ZYOHNRWNMY`caUKRRIBGRRRRX_WPFPTTNQQQQWSPNRW[\WUWTSRTQRQKYillho|}nZPONSWV[^cb]VYZXVUPUWMMUTS\de[IEV\YUTYcd`[PKPW[]WTOUYZ[`[WYZPRSWYUUUSPQTSQL@MTX]^ZPLTZ`_UQQFGLRXZRQSSY\NHGQVXWQTVXZWYPXgnv{€‚yhYSTRKGOWTNHKXTIQMLTOJYWQOPTSKKWVUX]YW^YM]`WORS[[QLMRTRUSUVZekkghb^[ZUVWRZ\XNCHOKPXZakrl^fplghaXZOR_bgfSLMLOUWRNQOJHIJRQPORMFLSZVGCAKLMSUVSLOSUXOFNWZPKKD?HOLIGSTOV\[ZVXOKUXWUUOLRZ]XIIPSZUMVZRTQSTUWQPSKFMOOS]YD=AJPJDFNQUTIGJGV]SPOMNMRSEOU[YTMLOTYWQNKHHTYQGGFGQ[a]WSMHD?MTPKNYbfjw{qX^t‚~hXZZ\YNPZ`\VSOOVWPKLNMELQHHMGFHFLONKPTRKKIJD@KQMP[ZSQSQMHIHC@INNLFNWPKNNF>CINJDQTMQZXT^_^ZNENOQXWRZ_]VQX]TNMJBAJPUPLMJLRNINMJLOLPVSJKNRMGRXVL_VNTRJTYcdWPOW[XXa^QXefgimoic`\\]YXVWVZZac\VUWZY[^`bf`WSKRc^af]NJRTHMOHNPUROSTNONJDCFQSOKEBKZ^SBNOOG@LOQLLMMLNMRRPQLKKKPPMTQQWLENZ^VINTX\ZWTFGTRDFJ@GIB=JUTMEEGYa[VVNSTOSZWNFHV\ZXVQIDBFIKQYZXWbjePIQNB=EGNJBGPRQNQZ]WKBKMQPHILJGMK@ESVOMV\^ZWURPUTHEMRPEDIGITX\\TNZ\[]VPPUNGHOSTVZ^bdWORRLI>?DORTPHPX__[Z_aZKLLKGU``]Y[YWXWWUNFGWfoqikwzraPEU_]Z\]YXX]\UWXY\_[USXXWWTOPWZ\UNQOV]]TMNSY\XPROTXWUTVR^e\PMMW\YYSLPVTUVNSXRRTSONY]daZYZULINV_[SOPZ`^VOLLKMJOSPW^YNJUbosszwd\^``ZVVWXVQOSONRTU\`[\[TTPJSWURSTRJOVZZSN`_VMRXXSOMOPRUPHLR^ig\TZ`^VRTVXURLVULQQW]`agpvvx€}td`b^UFLLR\VQOHHOZ\SJPONQSUPKONPQNIXb_SHKMNWVOTHLMIKJNTTRMMI@5>CDLJQYUX]]ZYXUQSX^`]YUZabbYUPJPWVYXVZ[VZXIINMCFVSIOXZLABIRWXWUVZWUVZ[a]UUbjh\l€up|€|kR\QSUZ^[MJHKLUbdadb]USWZ_`]TPXVPW_ZPKSROLHKLOVUUXXSOQZZSNPRJHJOSICLUY^XPMNIFACKMKCIMNS\ZSQPMNFCEECOPMNXUMRRQOUZNHLRT[efbUHQNMRSI@JVVRT\\YVSNEMMNPQRNFNRJHNPNSTS_c\SJNHJTWQBFLMSRSTXULQMBMQPMPNRVPFNQMTXZYWSJPVRLNQQJMMJRSSTPGSYUUTUVOFMSSJLRXZ\[XV[[QJNSSJJOPPKDDKRTX\\[fgZRSQUVYWV^_XVWTTNLPMQWhqqiq}{qaHHRMJOTWZZ\\QFHLW\USPNLPTR[^YNRNDV[XV[]WWY^_]SKE?KVPMURYb]LGMUYXXWTWXQPSIHQTXQMUTUUVWVKMWSNSMFORRILQXZWUPPUUMNTSOH@IT_hos€‚xkgc]SPQOQUWVVPHQ[YWWUSPKRVWVQQQTQNQLUZUPKO]^UHLORORNPX[UPPNXcgc``ikb]cYUWRM[a[TOTRNVblswtt}wic\WNIJVXRUTKACKTUSHECHPQLFDFMTPIFMZ^ZKLNNUYUODGDDAOZWPRQNOGHGLOOHLTWXRNRSNPSISc`XPT]]\_\VNKPWXURKOQWUFT^]SHPNMQWSPTRLQT^VQUU[^^]Y[]QPX_ejhpywnr|{mYJURUVXYQLIOT[`VQPMIWZXXZ]ZRJRSOWVUXUNJJMLGJUVSIHMRXXQQPOOQQQJGHF=BBIQMAJONHJPTUSGLUTQWYPKOVURUYZWXUMMOMIOOMJY\O?JVYSSTXbebXMMEGKLFBGX]c]SKOPLMJNOMJRVODQZ[^cfddkpkihcZZ^hdZSPPNHM[`^YSX_[Vab__`dkhcYLQRU[VTPJJQQUWOQWQLDBBF@EHPSTVQSTNGXRHV^ZRLJGPQPKMHLKCOZ]ZVNHKNOBFSXZSMKMWUMQUZ`XJMXba\[]^``XXQNVYMHKQQFSVTTV[\XYWLMG:>=PRPTSOSZ^ZQEGIJNIABFMOSUUQILNOMUVVXXVMMTZXPIEITXRNVYUQWWSQTTRPJHTUOORKBI[b]VSJKUUPDIRX\YVQPSZUMQVUQOSUVTPKMPPJKSZ^`TNOSUURMWa_RSWTLMLMJBQ\dionhkhc\XWRLOT]][XQMPNKKOQSRMOROHO]^WWXLUZTV\ZZ^`dfb[RJDJLHKXTP[]WPNRTVX`aXUQQZYNOV[YPNLRWQMQRPRROUVRRMORSRRSPVXIKXTSY^[TOHFXeoo{‰ˆ{meaQPIBHLMGKSSMOVVLB@OSTOOUUYZVSLIKNPQQMTW^\]PQWRPWUUSJIMQTV_nslcfea\UMPXWWYVQTWXPXdlprh\n{xnfee`UKRWSPPKHNNJRTLRSOMPN>4BMMOSRFCSZULPFENUNHCEMMNQNJRRPSRMMMKC>7GLFJSYZY]\TMQXXUZ][TVSQPPVXVPQODJSRGITSNJJLJNUQKIPUW\\VIFFJOOJS\]XMDMVVGBMJAMLKOKPRMMOMJFMKLNNSQGBLQVXYZ\XUUWZ\WC==?IPRVSLLSUMQXYWHBIKTSPMPU[[Xaoy}viey€uXOWWMFMTYREE[VNQQFDMSTXXZ]ZSNKNABOPJ>;DTTQUWVNUUCCCCMOLMJMRLHIQTOHNQNFDHLKHBDEJPQMPPPPSURLPOPUMBFPOQOLRUWVPW]XOIIQOLMDGOOHJTVQMJNOTQEACHQQGMOLQRSTOMQMMQOPSOQNNMNX^aa[WX\ispbZegd\[_^\YSSW_hbUVRKSRYbc\TTV\__[VQQQKKNKL]b^[OGNLCO\_XX\YXYTHFQRRQLT\RAELUUUSSIBSXSU[\YNHLEMRRLFNQYZUWRQRPDGRPQV]]QGNQIINJCTWQMIRTRMIIGKQX]\UQMNTZ\WLBIKLJSXOT`bULPJHLPPHGQRU[ZYTNMXZURPPPPUTURKGKNLJTUZa`VPPVTSTODC?EJKMZ_TKOTZZSHGDGNNKLKLNMPPACHGRYUVQOQUSOU]YNUZ]^XNHJFS[YWTSV[YNJLJOLDOTOTWT[gvzkhmhSLOSZ_][WNPQHKTTVV[TKMRWZ[\`_]YTMLS\\XXPTLCRTQQQUVSRNSSRUSVXVLHHSQHJJIXVRVT\^XUNQ[`^_XRRVSRWXFL^`WTRSWVJ[fbWMKGILRTW^_dm}†ˆtjd^WSPOQUSSWQO\dYMMOOOGMSPNFKPJINQGOZSLY][WWZXVOFLVY][JBUVSYfolle[TMIMUWXXZ[YRUYVTUkytbU\ksrkb^XWSLOQUSJD>AHR[][WPFFIIJBSPOUYTFMU\[XWVRPXa^WMNVTF:EIHFGKUSSVVQEERRQNOQHFKJRWUVSXa\NVYIJSZ[WVYX`ZSSNEIUMACHZ^UKIKE>CLRTOPSQRY\[\ila`k|…ˆ‰‡wlx|qYUVVQENVMJXXKGT^ZX^[TROLKJWa`YUVSHGSVLKY\^\JDOKAKUTKGAKVa^OQURIHMQQOT[WLMMNOPOGJOLMOLHROMQPLRRNLOROMJEA:@QSLEFGIKOHEHFLHCADKOMJBEGHIJRSURQTYWEISOFAMWTSGEDLSRVZWPMMTRJGONJKIMNQPQRNIQXVRNIMMJPMMX[SQSURPVSNKS[\\]\ZVYegca_R]szr`^cg`TSVXUJRW\efVT^XQXY[[UPUYZWYWTKKSXX]^UXX\^VLJRTXdcYOQX[[UKHLPQOUTNHDQX\]YXSTOMPHKW`_XTTOLLOTOSX]][[VVWVRSX[YOLURQbcXXVNLTYSNLGNWWRKJFFMV_fcVDGOZ\VHCNMEBJQOS[ZY]ZRQKGOQ[\TNPPNNNXYYWVVULQSUXSHKMGLTUT\bXHCHSUU\\RGEOUTZ_ZPX`ba[SLKNUXVMLQWSLJFEONLLINVWPNJKUXXQJCKad]OIAMXVWXY[XWXUNOWXQV[Y[XTP\szo`dmp`LQPVSSUSSWURW[ZWMBELPJU^]X\__PKQOT]\]RMJKOVZ\XVSQNOQ]_Y[_^VPF6EPOTUPQX^_VTWQNORVZ[_]QLRWXZXOOZ\][TMR[XR\WPNQFKNNLOT]bmz‚voleZUUVOKT[^XTSOX\XTOFIMV\ZYOAKOPPJLTWSFMTSV^ZYVTVPKQQZ\RFQUQSTixukgdWPVVRQPQSTWO[\ZZdwyl[Z`pwvoh]][[WPLRSSNHHQ[]_\OFKKLOCJSJFKLKLSUXZ^WIKMTY\WOOMMH><4GLKSTMKKMKKMQROPPOOPMSZXWUUUTKMRNLQTURRWZ]XHJXXIISQNMYcbTHLI9DONONFUZTSVYU_c[U`x‰†ƒ‰†wr{vg\\WMMNEMW\WTZ\WYb`YRTRIS``ZTV][LNR[ZZZZYTI6OWUMKGJSWN@>>KI@?GNJJHJPND?FGGOQDN\a[QKGDNX]^PCCEFJJGNQKMPSPJBKQOACNPNOOQKHIRTPIDIFDKRJSSVZZSUOFORVTHGRTY[XTKTchcb`^`s{raR]b\ZW\[Z]aZX\WGU]WRQQSRRURTX_e_VX\XUX]SONX\YVRY\XRVTSPT^\VQOPONNXE@HHS]]WWWXQOQLJRSUQJJGPKGGKEKKQQVTVZZ[[TSXWNNU]kpbJONVZ]XTNHJNTQWWRPRTT]^ULMGNTOJCCMPKHLPDNWMFSXRSQXTOJSOFIKSVWULNRVXZggbjqgXVWWTYXPVZYYXSSZbnl`NXjwwmd_ba\QMLEJNJ?LUYVJMURHEIKIBKSNFHQGKNLKS[YRIOPWZUPECJJDFBKX[UL>=DNSPTQIFJPNLKNNLGHJJILOQS\XKQW]XSWSNNSYUXXSVX^_`UDJRK;=JOQJLWWUUVWUSYVZt‚s~†srvo_STTVTTQMRVWUWWTQTRMLTVTP[_]VQOURRVVUQT[YSOBCGONKA5FQTMRQPVWY][MFGKTORRXR<6HPOLNJIK=DOVTMSWPJLOLOSNIGOSOHDHKIMXYXWUSLOVUUVNIJH7;OTTWVRRONY`[TNNLKQUSOTWSMNRSU_`\NCNXWRNQMCIE;ET]\Z]TLbu|whcs{xjYRNCAKEFOVPGRQOLEPSKHDIMPQQJMWa`ZTFONJFHMPMKMIBAHKSUTKCIF?RWPE>AORGFFKFEKIJHLOJFALOJFJUZ[XUILY_\QJMPONNPQVXUWYWPQNOTIGW\XSONHLV`goy|rimrjc^TG=QUQYZQHJLHM\b^TKMOCMUTRVZVLTPFNZZQRUSXRXZUNJHKRVVYSNU^\^ccfe^\YSQX[STUTQMOOPK`kk]N^ilc`a_gjcYVQJFJNHFNTIQ[ZUQIHKNMOUSPUOGADHIS\[SIEDJNTSICGKL==RYXXNGDGJCNTOLLQOKHKJHGIKMRSVOWb`WQPXTMRTMGNUVVZQQNQYVQGGQRRNTSNHBQWRQMJMPY]Xhvxqt€‡qpnaFFNVPONMPVYVUUMGGKIHONVRLQUXTPQXY[XSIAMSRSOGFOUOIEAMSMKLPVURSTTQLM[YTUWXUSSOKMRSKQQOPJPHJOOSPURRNJNNQPMKHKPJLXYQLNNPFLOMLJJMQLLKRUPKMOSV[b_YYRONONB5FIERTVWUX_\ULQNMVXTKGOOHEQSH@JWX[q}~vggqtni\XZUNKQ^_ZNINJJFIPHCLRYYRSWNFOSPNLKKKONLG?DJORTPGMY^\VMMFLSOQQHHIMKIKOLDAKJMPPKIHRWWPX``[UODKTQFGOPPNNST\_WPTWUMDHXXLJOJDMMOMRY\WHQ[SQTUVPONGFJR][JFNPRMD@T]WNNXWZbfe\PWaggcVYcc]PFJV^\Y_]OGQXcklfZSNMUZ[`cf]QRXTSYXSW[]^Q@ISUPX_XSTSVWXQIOXXUR[RRZ^WTQVX\UIOV[a^TKGE?IOEOYWVY[VUZ\YURLDPUMNTTY[X[ZQEFHKRRLKSXWVPSPNMIKU`\WLJNNOUTOPV[ZUSIFQTTUX[[Z[XPKDK[`WOQOZbZRVQONMTVNHMLLPQUTLF@GPIOTQUSPKGKPTTVZ]RENTIHQQVVPMPYVNT]YPRQKJKWVMJGLSURMEOQPKUZMNTQLAKHFLSTVUKFV\\VMFLWXFHV`ktlcjqodZXVUXYTQWYQNVXTYWRUWUSYURUSRJ:>L[^XRMGPUVPHESTUZURRMNEIKPYYTI>ITRTTTTLDFQZ\XQT`\ZRU[OCCHMVYULKJFNWWZZTRTTMUYPPQOSTYNO^lpnjn{wkom_QMPSNEKJEKKRTRRSPPMIPSVUVUOLTWOJSVNLIMLOORTRLRTRQ@BQTTQLIJLKNUYWOOVYYRTTW]YNLSQJKUTPHRUOOLLNPQJNRQKMURNOPNNNVVQOJGPVM=BOOLPSOHKDGLCECBOY]_\XQMOPSPLOMCTXSUTTW\XNMRMPUURMPQRLMNRRKKZ_ekjbgjejttcP\ZNB:Ubc`VPLPLBEADHMTTLGSVTWYVSQKJB>HPOKIMV\VOLKSZ^XPQNLOFKSTVQLLADNNKGGSTY[UNNSX][Z_`ZRRRRQLCMVZSOONOV\YPY[PJBJUWRIOSKQSJCQZ^XNEQRIJMTSTVKPWWWXRPSQMNO@PWWZUW[Xbhc\WadelmdYY\dcZOKPLR]^YNV`ahnkdc_WTTRTZ_bUQY^a_WLHKX`]RRMKOS^]QQLRTWXRFKQPQVYUNM[WQRSR\_ZZX\_OSTSVOLRPN[\VWVQMPRNS[YNIQOCFOX\XQTSOMFAPTJHKV\]TPUVWK@IUYPHLJLMY]XOUYUSXSKPTWXUSVRWUNNPKNWVPPJO\\VUTVWOOQIFEDKSTTWUQLJKMY]WTYYOIIQVPOSWPHHOPRUQKQLIQSUVPX]VHIEJW^YNPNHLKNKDHMOJIQRPT[\MI@IGFINOJJVRJGLMLJGHSbnwsf]erthUFNZ[PQUYSOWZRV]\TTUQSWVWZZQCBMZhllw…„sjg_ZTKOOQUYMKOTSNQSUXSRTMNQKDQUZ[VNUUSZ[RNZccYV]YQSTOHGJGLOMHRUYcnrmhcY]e_XVSPTTOT^_[POT[^cc^[hu{tfek^QSUPFCKUQKRX_faYSGINRKILAILIE9?R]^YKJNSTQOPUPNSQKCFLIJPSUPPWVOSSLILKFJSRMYaYEFHIQVYSNZ]WPY`caYNQ[ZQC:DNMERTUZTJIRUVRIMQOLN]_`dhmgbhv€~tkog_YX\\UWTNQLJRSQQSLQUY[UIXYRNX]Q>GQOIHNRWUKOOEIVY_\NEOPONPLHPY]ZXTOOOLHHUZ_]SOYVOPVYULHPQRRQKFDHPVSJFSWVYXOHOORIHT[TQHBIURNNNGBHLOLGHLLNMJJSVQOPLIPPNNNLNTXYZ[Y[RMQVYUXXKPVYXPJOQIFLT_lppoodixxfMJMFQL>MSXYQBNKI@CEINNMMJCJU[\\[XSMG=:BORQPOMSRQKFILLKDNVVSC8JQPNNMECMQNKUYVRSTPQNCRY]XUWMLWTIJPW_`^UOMRTTUU`eTCAJTXSG@=I^^RLLRYWLGLPMTX^c^SRPPQJ?CKROJQYQO[^HGDKLLPVWUKQWSXYWSMJMSXdpoeVWl~}lOTQHOUNINSYWMT[\UKIKNQRSYXQIGGENTXTNRPLSPIIFMT]gi]RNKMMYa\TONHLWYWWSID>KPKFP\X_h`SVLFAAKLKJNQQY^PENVXRGOUWOKLGLSX]c[Wpzuoidc_VW]ba[WDHUWTQZZWWWTIIXYPTRWb_WVVQZ[RTPYc`RW[^_YN@BAOURPNOT[bceggaPWV[^]VPVXUWXY[YS\iha_Z\m||qoumYSUPEJHRXR@ESXSMTODCGHDLG?:7EC?FRXWRQWXTKLJPRR[YK@DOSQONNKEPULDRVTRQSVQQNNPTQOLCIMQTQNTXST[\ZRIOUYZUHCHQNMRRUTFBKSWUMTYSKOT[``dgccjyƒ…}nc[__UOUVWPW]WV[[VMKLIPTQQIEMQES`cVIQSMEFKNNKKJQQMMU[\UQSUSSUPT\a_XQONPOINMSYUUU]XKCKOTSLMKLPPLHFMVWSE?LSY]\TOUVXWMW`^UNHIFQWXZ[VKPQMHEDHDFIKQTONSRMDHMSZQFNYUX]\WTMSRPTUZVLOUTPOQRKGMKKRcmvsmdjpj\SJIQTJDINQNLKJKJTYUQOFGLTPNYXUQQOHKK>GSXTJIFDKTUMHDEKNNNNWYOGMNKMLKJJTWSUSRKLNTWVRRQY^[\UIOPNTWUOPPSSPPSV[^`eYINNIFDIJIEJNRNKMLNQOUXYTLJOWZSV\SHUYQSYURRUSVTUPPTWYSLSTW^finstqgYUQMVXMXc]MKW[VRT[\VUZ[Y`cTFMNKKVeaQGMP\`]\SLUUTYTRRLGKSKGMPSZYOEAUVVTRNRZ\XQKO]aYIOY[VTVSOWYTRLNTOQY]agh]XMKGQXUPNTVSKJHHRURTSMFHILQPTUWQCCKJIPTSTOHT^[LD@GSXYWY`dca[IIORMHS]YMJGFKSSX[UMJMNLGCNOMPGKRVWTPGHORTSNMUQ=:JLMSUOQUPGGEEWZVPJSXWNNURFEOYcc[UPNPQNKQTSRV^ZKIQ\GMNORQPVZT[bde^UUOHELPS[cdkfezˆ„lXYQGNVX\XSOLHGINLIJPTVQSVYTHGGFLWTLNNKNMPSMCJU[fdVUTNLKMJFKRVUUUSVUUYUOINPAMZ[]UELMSQ?MTMFEHJMVQGJPSRMWYWMDOVRNR\agb]krurpqjVT^hf\WVQVWQJQ_\YYYQKPROPMRZ^VRXQMPOSSW_a_Z]ba__WINMSVSURPLTZ]elkf\WON[bZUWXVUXWUSPTgjZHR\_ejlqqgZKKMHNSPJIJMOONKLKJHCJJGG=;BA@AEIY_\SRTNINLORQTVTTPOSQIEHPURRQNLTX]\ZYQPYSJNY`_RIAJQWVILNIGNPRIMW[\YWTNRVSRUUSQOPNQUT[ba]TOKT^acddkqz„‚wm`]iie[VRVVQW][UTUTOQSPOTOILNOYcbZSSXPNRTSJHLVUKCIVYYTRPSMNTMKNUYTPPUQF=JRWXVRLI@@JKLMW[XTOH>ENQLDEJ[\YWWUTXWORXTTQRYSNOKNXZPFGOOZYPOM\gknmgntyrdXSMMIKQRIEGMQTZZSIDJKMBQODORKIRUWVNCMRRQOJJMLGJWXYXTPJMNKTZ[UNRKQZXUSWVUWUNT[YWTOGGPW]\YUS[[RNGUXSLR^bXNR\__]`ZT[_XJHRTRW`jlgk{ƒxe\VMDUX[`[YWTOOSPMPTQQORUYWJ;MPLRUUZ\THJW]YSUWUW^YOUZYUPMELNTURQQUURX[ZURWRIU__^ZXQR[UUYUMIIIT[VIJRYXRY[WNLU[PGVV[fi_Vky}}ys]QV\fg]QRY[WWRTVY\VMMQVTNIOWWZ^ddXOOVVTXX^_T]\V\[YZ[X\QHT[WK^fhoolbUOEQZWWZUIKV][VLLQ[\^jmdSUbjgYMMRUODNXXOKSULFKUUOB@HMID<;9GE?JLOSUTJJLCDLLOPSXUJHOLGCFJLQTOOMHILILKGT`^THBCGNRXULCMWXPIHJNRKT]\UMIMNDNVWTNJLCKNSYXT[`ehqrikv~xcVYaaQOVUA?IMUWTOSWPIDIGGHJYZUJJMNNTRMLWWPPYYQGIOWXWNLQSUTSLWXVTPHFSXPN[_ZUYNLLEJLIHIPPLPRHL\\VLGINTRSKJZcaSRQNPJJROLDMTGHULNWSJLSOLLGNXWKAVWUVMOWYUTWTJPTQURU]ebSNRQU_[U[gonmg\SNW[_dd`SQVRLRJO`[Sa_MFT\\XROJIT]`\SVilaQRVMDT\YUSOPXXPPRTSPOSPPGQVKMPKNPOIKUTUTLDKPOOFBJSKIRRIHOMJS[]]\WPILLJQY]TLUODGQOQUXXXTPIKWWORY\XSSOHLQKIOJHQZVLX\[\ZZ]\WRZbZMMCJ]c`TLPLLPKQTQMJPTZZURDAKRL9JZ^WMLJEGMOMMMLBESVRWZRQRQVYYYUWYURXTWXWYYTMNTTLVZVQJS]a^VRTTYVMKQOSJOXUMS[`YVRIDLXYPKP[WU[ejeajv|ylYTLHOT\][VVUV\VMS^_MKRV]]UIBPLSVZ_c[XZ`^YONZ`[TQJOY^ZTUVVUU][RMTYMLWXQLSPCGNQXb`WHMXXX]YNQNMX[VRVZYRRXVRJKXYXYWKXehfis€„~vk`XQZ_[TKLIKNNMPXZUKINOOMPRHAVdjh[WY^^WPWabfZSTYZYXWS``QHRVNYdcgkkfZXUQSTOJNQPPUXSKQVZ^e{~t_[dmpgVNW\ULHKLKEKMEISVRIC<6;CFGHEHOHIOOLSRE89FNOLGMOG>JMNRNJPKDEIHOUZYPBDLKEOPLJJLW[ZVJNUZ]WQRNLZZRPVX^_YQPMEAIQRTQFBIIKGBCJLPSX\\ZUWdptsiit{znjptqcXQNORMM[]^_YOSUQPQMIJJX^^ZTRKIIDM\\WMMJFMNFGKNOLKRQKJPZYRSRIIMKGOSNPYYOFMV^b[UYYMMPIKRPJDNQJGMMIOONOMKSWVLEQUQJKJKOOKEEORGE9;LRMMTWZ\QCGMLLNPQNJOPQOHKIINLZd`UOIHKILSXTLIRUSPBILNOY`hoohcdovwhYZddXOOIGGEFR]YPOSTTECDMUODGONJTUNSUOAEMNJKQMIJJGIOIEKQSPPLQTTVVMIQWRMW\WUTMCELSUKIOJJFKYXLWYX\OEEJUVROMRTKGMJIIOTTKJMOMQVPOUTSJNONSLDOURHITR__SNQUQIDAMUPPOKKSfhec^SO]d```ensqf_W[bXLVWQRSRUWT^`SSZWPS^`[WYXYZ[[ZZVWcaYPQQNQY^\USQQQLOQWYST[XOQOUSJE?QQDIQNKIVVLPZ[TNEIVTS^aXNG@JVST[_\OBGILNV\a_WOKKPUYWKLQRUQCMSPV_]UMLMNRVYTQSPSYXQUQRUVY]YPHNUSIFDKVXXTLIIPQOPTTQOPSZ`^WLECMRFFVVJLOMIEJLIDJQJAERRT\WMNNBIOUY[c_TPQVYYZXMENJDBK\[[VLW^`\QQNLLCGOWSQTUSMIT_`^ZSOQSWWUPXYR]chhfgiszym\RLMPT\\WQMOWXPNQTOKLKRXVONQRNP\caXZ]`]SRMU_bZRMPTQSS[\\ZQPRUQGINMOSOJUTM>>JSagaSEO[_ZWJBJP`_PPWXZXNPXRQPOQQUVOJOchc\lwzvvqj\QTY[YWSH@BFIOX]XTWUGINQQDNZdf\PTZUMGQWYbbRQEKSWZVVVQQNHJR[V\fmjcbbZOQQKHQPUXWRP\c^\cz‚{k[Uhuth\UQLLICK[^UMAMUQIEGH?@MJMNNOQIGNVYUQOD?KLPRMGSVOTWSTTW[XNCALLKSRSRLIGFKMKJFNXW[`ZPX\`]QVYW_aYMPRNYb^TRMDGEPXWUUSMNTTTRMLQWVYWYadnsrjev…‡}xsnh]]^VORIMY[][WHFNTZYHIMRWSMMRLIPXTUZZTPQQTOPSPSVQGCDFLR[\UUOMQTPNTTQORVTLOWPTXSUUONTTFJLJFNPNPSXSHKRTUOJRYXRLFKTMGNPKJB>MTNHFGLMRIINOSK@HPPKMTYTJHPRRULNOPKKZbb]SRLEEHPOKRTRNQJ<>OQMTYbb]\Z^mxug]YVRH@CKJKKRWbYSTPQQJDDOSRIJVTRKGCBEHLJEGCMPKJPGEIIMUZYTSSRUVONND@PQNSTTQRK:HWXOGGPRQWNPUSRUIMUVPGHORXZXQMPOADLHMQIJROMSUQSSTW`^WKPWWKBKMKNSWXWY[^[QEIRNSPRWWRX^cfaSLNY[XZ^fqx{ui`_YMT`a]TQZ_\[^XRPQQV\^XObcXVbca``ZTWb^TTXMKY\TVZQHKMLW]ZUSTUPMLMSNLRZ]QHL@;O[YXWZ]XY[Y\\SOQSOOJPRILS[ZTKJJQUUQUZSLJPPWYUMPSQJIFSZWSUUYZLEIKN]a]ZYY[WQRUJIPQORSPLLHEHIBOV^`ZQJRNPQMPNQOILPU\UCBMTPBNMGMLF:BPRJCCFLRRLJMW`WJNPQTXPQWYYXWUWZ\[VMGGCFLSVTJIOSTRILOSPIO\_XMTRLHMX^\ONICNSNHQVROS]eppkeboyxmYX\`[W^^YPKMNKIIBGSPFPQTPGOMVVW_]ST\^[XVNNVVQPORMHLPZ`_^\UMPTSOMQMIEGX\VMS\TSWVYXOS^^TJNKIX^XRUVSVURPNOUPGGFHQPNQ^dd_fqsorogZ^``\ZZQHPMILNXY^[OJGSWTR[\ZZSHS[\[SSVRU^\\WUSPVWSRSZ]_^\ZZY[gjhggcXPQLKNQU[WOP_f`Wcsvpjd]aotoe_VNKRPS]cZRPQUUKBFIFDMNOSRIHORJHTVQONONNRWSLLOSTYTOPW^\UMINLKOKLMOMICIQPKLNSSKU_`]WSUTVTMTSNJPQMV]\ZY\[WPJSTMNLCMZ]aZQMNULNVOQ_bhni_gw~€vloi`_daTFIUb`]ZTSPMTUQHNQNTULKNSLIOOORNMOSXXRMIQSUUTLHRUSONORXXXXRVWTQMMNINVZTOPNNNPKGLOMIDKKLTV`b[SRUWRPOSXYXSOWUKFGGJMKNRTOJSUHHIINPQNQSRLGFHPYYRNMOMPUTNORQS_d^WOEECMUVVUODEKLDDPPKKR]jogXZnungZMTSXVOHJQSXX`ZUSRNLFENUWZXNQRPIFPNJNSNLOHHPHEHA4;HQWZYTMRRVWLJNRSUWPKIIHILJAEPSK@:DPQGAMUQIMNZffYJJCJWUTUXQRUU`aUJKORX[WQQLQQF>GP_d[NKGQVRWWQLIKPS^^QFJRURKJKMPQPKISTQMGKVXSNMPVXVUQNSUOKQTYVUVOLQSNLMQMLQRUULGOVZZNJSW[VRXVQHLSOPMKNOUSQMHMRQT\aYMQ[]iqggifjrugQSVZ_d^WRNOKKHJQTOLIQQNPQSTOQOPXZW\`ZTUUJLYYURONLUURQSPUUWX_a]RNLMIDU`\QNTOP\ZT[YT[^ZQMPQ^aWKJMNNSSMUWVTRMNJJOOIN`i`]n}~unf^SY^XTURNNLLRRPX_^VJLVW[be]TOMQTQTSUWUU]_`YWVVVLKRLY__\WUVXX^`gnpi_ZZYWVZ\YTNPYZU]kh``^[`mrqic\SRPPQT]ZPJPSTPCFOIBKMDDNNKLMJENQOJLOPHKSOKUTNFIKLSPPSMMTSNHQWQDAFAEOXVQNQWXTINUVVRRURTWXUTRVMCQRKPRVZRJHMOEHILUZ[]]VPIPONT]\XY_jibadntyzqhquiXWXL@RPT[VY[UTOS[a_WUPNMMSUXUICLNSSYWRVUTQDEGMXWSIIUYTD@GRSWTOT^]VNPRPUVWTVVYXWRHCLKOSRIKNHGNYa_VNMNISWW\\ZQQVSJIG?EGHOOLDJUTLJNROKHMTTRNUWSQMUWLEEMZUIEISOHRYVPIJNHFLPHHICFFHELQMFFSfqphX]ip{uaVTYZRDAKMRPOJ@?HNQJFKMMU^_[PGIKNOPLMPNTVPJKKJIHJPOEKXSPMHOUSOLKSQVTLLNNNLKNMJMOPJKHLXXPLNKKJONTRLFGMJSUPMX\SUYVXSJJTSPUQLKKFOSUSKMOMNRVVKKMUYYYSQRNJIPXXY^XY`_\UPNNNX\Z\]^cnieorjf`_gldZYTSW[^VZbhc`c[HHUQHIUVYVTONXcaUKLIS]_WRUVRSOKOOLHIQNIOPIPNKU`]UWTQO[`VQOOSSQW[YXSFFHFFNSOOSSYZTW[XUSPJKINUTMNPKNPKNRI>GONGLKN]kl_NNNQOOSVUSNTZZYSPUTV]YLNOJSQSXWVX^a]TQSTWWSOHFLU\_UHJNTXSCHKMWZUVWUSJHPRIKQVUPPUTQNRSPOGHX[RQSOJJJLTWQIRY[[TIMTYTNPSSVUQUUNDJPFIONMGPSLFFMWZZ]aXP[ccab\T[adipocRSHRZUKEOTV[ZQMSTKIMNLJP[ZQMSVZZYVZ]\URLJZe\ORYVRU[_^XQSTSV[\VROE?@GTVUVURNQSV`eecbZLERSZ^^YRNPNTVNSYWZ]ULIOXZMMWacWg{ƒxlcb`XYXZSNQQTQTPJPTXUKV\YXY\ZZWOLXXTVYZSJX\\YUSQTVOOPRXXQPUWZ]_acghlj`\aeaac\XbcVOOMSdjghe]]bhgaZWY[UXXUMOJKUWTPE?KLIMMOTURSVKFJQWRMQIPPDEKMTRHIRVPLIJSOS_d_RQWZVDDJJFOMMOOTVXRP\^^VPRQGFUXSOUVV\YNQLGLJMQRWVTWOV^YQJMMFLVWY[ZTJO[ee_Z_lw|{qlnkc\XPLNUXPP[\PHFQ^a_XVXNHMHGNLKLPSR[a\SNIQOFMHLSSQUURIKDGNHMQIL[_YVSORY^YRPRQMUTMOVQFKNGFIGBJLTZUQRNIAFPQJJSROJGFEBFJLSQKG?JNMHELNIJPQJECDKPROQXWPTOLLIKPRRTWXTJCGNL?NWUGHTWVOKSRLRLFNiwzkZRav|wkWWWYTJDDOVRSLKNU[\NEGIP]b^VPMOPHJOPQRPX^TKNRRRT[XMJRVOPIHJU[XSOKIIIJJCHPNLOORPNHPNFKQUPSTNFGJQXZSIJQVWOLV\TIVXTPFAOULFKGHRURPRMIPNEGINRKMQDMQLGJNUTLJKMTTPIHQWXRILFKY\RY^`^b]]hmntpa][ZX[WRVOFGMKV^`f_UXZVOPX_`baTQ[[VTPDGOUWQTYUNW[[UNKNKOROPOMDRSY][XWWPNZUNRQPQX[YYYUPB>=;DLQHFMSYPAQYYTLIEHKOXWPIJOPKIMG7ITQNLMMUaidYPUWWTNGMRQNMHGKIJNV`^QLSMEHPXRHKZ``^OHOTNKMJMOTY^^VOPUXVRRPIGOUXYLFLLRVSSQU\[X]`][YSVVMLSXWW^ZUROJIMQQOPVUUUPW\[ZQQLNRUWWNIHSWMGDLMUUSNUSK]aYQRT\][TX`_`b`gw~zka^ZTQQRTQOSVVTPSSRRWWJ?ITWRRU]\OAFJMOOX][XSPQTTGFPX\RLT[WOJMFKRNLRmvq_U^fvƒ‚sd]UUQOHIXXQQHKW\SIQUSY\[UIHKRQMOROHFHQSNNSRSTWUNLFBNTOKMUXSLTPDHIMJMLIJOMNEKTNHIDK?ITTTQNGKT[^VLEGFJSTVZTJMRSKIINZXICNMNW[XURHHKHLPPVTIGLSTFFZ`_WOHCHJDCJFBFOPNUVMSVSPZ`_[bcfhkx{nVTX^ZRLTULIPSNNXce[WURRQQVcfc]Yfni_\ZUTRQKHUUTV\`aQ9OXTPOSTSLBVPFQWRQQMKKKQWY[\]WNPOOPNNQNJNODJX\[SKU`^VMFKPOMRI?DQUL@HOKKXZZXPKOW\c\PUYYVSLCLGEHIKOMHIIX_WNLNHHITVODR^``SHOYWPSOPHPYXY[XURTQMOSNIJUYZUHEMMPOQUY[ZXY^]]VHKXWUWWWZ^]TNMIHY]^[UOJKRFISYZPJIHOUQJD3<@INQ?HGUZYZX^VVYRLQOOSQHSZW[a_`hqojcda[IV^YUI;EQXZUUYSUWTTSVYSMMNRVXZUPUSPE?NTUSW]YPSOHJWWQPLQX[\YPXYTMXTBEIMKFIJX``[RUURXTKQRL@HFKOW[ZTPUQWYZ_\ONQLR]cjkvst}~qicUT^]ST[XSSNVWNOUZ`YNMX^[UROKV^\WYZWU\]QJQRYV\][QDCQTTTSSRU``fjkfa_^VVSLJNSQRY]^\UPYirrm^Y^\SIIMV\XPPOIIP]\VLNKHDNSOIKFPOLPPKLKQL>CBHJFHTWTPQSPNEDNXSNPMIKGGILVZ_WY[TOVWKLLIPPSROLHGOQRW`[ONW\^ZRPOS\]QKY[RPZY[XNTYXXWOGLTX```mspic`g{†…{vztbVS[]VSWYZXSWXNRTRNOSY[XVXZ]]VFFPROMJEBMJSVOJMOMLJKS^]PFGQYZVSPNJFIRZZKJJJOPOSRPOORSMGHGOVPOLIORORNKQX\UDGNMILY_XQJBISTNTSGHPOKKNKKMEGDLIFZpytcchl{ƒ|l]XUSSKKRTNPSHOQUSUVPRZ`aYKMNGFLMPSVTLMPLQWWVTMEIL>9NONNOPLBJOB@JQTURMMSSFANVQLMONNRULCGKKE@@EOTNNNNSXTQTSSJQROIHPSNFDORQVYROPWXNGQUZ^ZRPPUNOW^a]L@GHGAJVSIGMQRXYQHIPVVVVP\fjnklsnXW^]`^WMJJKQ_aXSag_QNQTW[PS][XX_kmc\[\]ZUOEP[^Za`^\PHQVVRLOLJNS\VSS^^]ZOEFMRZZTTSKEKUNSUIDH@IME>N\bd[MSTQNKPRQHFHJFHNIBJPOGMW\^WIIPT``TNOMSYXSC;AMRSNKAEKUWVRUPLMIIPSPTXY_a[VRMEFGLMRRQTVSJ@DLLMPJJPLOSYZSLNNLKLQQOTRQTRTRHJRSQW[YY[ZIHA?Xa^TQRKLOKMSRSFC@HNUPF?CLKDFD[QX\TWXWUPNRPOPDJRONVY^]VZdlqtqi`UY]YKVVHLMTWNJVSLPLQRRROMNPMFKX_XIGMKJJHDRURPGNLEJUUSUODLU[]]^`XQURDJGEDDRX[_b]UOIJNQNJHORJGMUXYTL>ILPWUQTNKRTXUU[cgcixzrfVR\`TLQUXZTRXXUZWWZSXZZZXNUPLNWV\egZRUTW]UHW^^QNMFSZXOGMRUY\`ijcaee^XWSPUX^_VOQXZWXZassjc][_ZTQNQPPLKPPNUZQKHJJJNVSOPMQQEIRTG>BJQUQNSJ>NTPMNMONJELWZULFBFJJMGBS]\UZUPX_XKMKKRWSLLOKQTSY``XH>SVTYWJM`d[T^_TQ\d`UIRVXZUMMIYfgaY]iqnjeciz†‚jgof\YW]XUTMNSOW[SILTQKKKSZZ[]\\WPMLKOX[YSJILLOTQOUVRTZ_^SJJHFHNVWPWXVSNOMJDIVZX\ZLEGMSHERPKNW[SLPNLJOQORTTRROJERSUSKRVWZTILVSMQPUTUQMKNHALWVTOHGBDHMME7=IMHSVQLNGMYTDQ[UIFDFEGG?@HHIMLHQ\mqhdfebrxqbVQVTLHPVMDLQMNOUXWQSUUUWPMSPMFHGJTTJS[YSVTRWYUSTKDDCFJGB<>CFFJLLTXUKHLTVRSVODMOFCRTQJDADNLF=NQMNTPPRONQUROKLNNLLKFD>6>EISWPMPQH=BIINRUYVTNP\`ed`SLLLNNSUOJJORY[UGHY_`\SOU][_gdeghjhd\Ya_YW_]ZXWQQ^XTYYONWab]SMMU]hbOSda\\_[_]WR\_\]\VSIPUQHCJY_`ZW\X^b`NFPQTWZXRLLSUXVVWM?=4HQHDOT]egaWNQRUW_aTQQJFGMMIJMNLNRQTQNHGE[geXKCHW\XM;HQUTRQRORRQLNQSQLLS[[\a]VW^a]]UGDFDEJRVTTURNKMSPNDELPPJPTOEFMONIJGPNIUWSSYUEBGIPZZWVUIF@AR[[UNHHLQQSXUSSTQJOTUPB;EUYUUV^ZZTUTRRRWXPGMLILPQFJXZSYclijpure`bV@Q^\ZYSTG;HRXVTUPMRE5FOSMCETZVMILOMJHPXTRSOG9DQ[__ZPLY]\^][VLTXYXVQF>IWZ^`]XSDGNQTRKU^WLPQYWJFKQMMNXTLJX_[\_XQ\aWgzzutp^Ya`XPSNGOVUWQU\a_YTTUMMUSTQMRROSZ\_XRP[`^TC[`YQXTY]ZMLSVXZWT^hcdlmdZ\_XSQU\ZSRSXUW_eppmh`\`ca[RPPQQ?@KJPRLEJJLTSXWTPPRSMKZ[RLC>GRUNRPIIFLONQMDEAEPSSPJJKOOILSQOTTSVXVSYTOOORTSMLPSXXXZ]XNLKJFANSLPYXOJRTPDTbd^TPOKNPICFT`_YQHGZghcacgs|ykbfh^TOOTZWUTQT[ULEXZRJKLPVYYVZY^[XMGV[[Z[TOPSX[RRTQTQW^XJLMRUTUWVUROUTLGMKOX\\YTIJPUPILTRKRSTNJSSNPRSTQMRRRJGCDCEORKPUTSLKGHLK=ISSRLMG>=HTWTRLJ=6<=LQI=FH=N]RMTUOQSILWVPOJFIHOONQXQHMT[eidVX^_esy}xlZWYSHESSFLOSHEGPX[VUWVSNQRLJLNTWTTRBOWYZSPURRG@MNNRSIBKIGMRPPNPKHLNMOLGOUUSMHLOQLLNSTPOQUTOKLOPSTPLRSJHROD<FPOF>HTYWVTNOORY^\P?4ENLVWRMORQRSOUVRWY\[RQTUSMLJIF@EDEINNE?HPTUSPLAEUUJD?HLMNHDFJSNNUZTLPJAHMLRLIOSJITNDQQJKNEJYXLMLNPMOWSST\YPMVbkja_XQS_jlrsl``_WPMQK@HPUSNCIUXWQRQOPUTQHEV[[VM@JSMQOCNTMGEFGKOUPFMUQSXUKHOPI@CNPOYX[YJ@DIMLLVZWZ\VOIMNLCNONORPTVSJNQPTTRKMPRRLKSMJG@9KTTQPQFAHGGMSNCMSSTKFJVXKHUVTTTNGAJOMR[\RJHIGHMQUMMKMKKOVXORJJMU]bcbcbglmv„Š‡~~o[WUSTUZXVZYQQXSQUTSTWTPRNTWRWVMOWTQNLNQSIJKGEJMSSMKRPOQLMPJQWXWONPJKPSPSYURTOOQILLJLU[^][ZZYYSNNJG?A=GSSLKPOIHNPK>NVYXLCOYXOMMQOQPNOPNNPSKGKLLQTPMTWXPCHQOURRTTRSNJLPUXWTPPROPSPKPQNPQOIGQWXRIEQMEMTRPQNHIJNTPGLODFPTMKLKGMSOLSLOPQOPSPPRYWUTTJAPVRHGKQXTG@BLYWSZUS^mjedho{}pcTJCEPKNX[WN[mslYVYXYU[`b]`b[UTRV[VVZSOQRGENODMOUWTVYUNRSLOKJRWTRVQQSVQMQUURTHEZZXQPTPVWV[beaUHKQTTTLCENSX_`[REPZ^``VKKLKKHLS]XW[\PKQMGLFCDCQURMS\]TJNUSQNSRMXaXIQUNN\YU[XSIPVNEPTONQZa_XOKRTQN[d_VRNGPUUSUUUZ]_ec`YPPWWVRQPIJNUVPV^WMMSRMEO^\SXcige]OMV[VKHOPLQU_]PQXQLMKOSTRORKR_ed_]X\egjhakywbRLKPMMTXYVUTSRTWTPTZ`\SP\aZVZWSPMMRQMPLOTUSIGHIHLPYYMDMTQPPSSSW\XRNSWURQX][Z_YVVPTVOOSSJLRQQSVRKG@EKOUZWPNU\YULQVW[dhiszwjZY[UCNRJ?OVUJQVZWMKTXTPOO[[PYjoh`[UJMN`keXPTUWZVMGDRRVTNNPVVRWSWhusjeaUOHAIUTY^dfea^ft‚v`NSYXNKPC?ELJGMVZWMHMJHBHMQPP[[QLMPQSROIMLILV[\VPGLNRSTSTQKLKIH@FMKQUPJMQRPNOLNNIIRMQOJKT`]VRIEOVQKNV_]ORYWRRKCORNPQVURKPTZ[RPSVUYUZaacdgieks|{nr|rfZKQ[]ZPOYYWZURNS\[WVUPPQKELPRSOPVUQURIKKFGLSYUUY[WNV]WOJJPTVVQNMGIKNUXRMMXXVPKRPLNEHPRX]^]VNPPQRRSRQMONIFBJOQLNNNMMLIQMNRVQJKMKKPRKEBFGMTWUSMOKHHEIKQ_]SRQOJOG?DLQSNHLIJIEGT\YYSHE\bchib[UbjtyeXYXWT[[RKNLM@BMKIHMYXSTTQAARXWPHPPRSRVTJOMIQSVXZXNGKFFNMHBKJNTMKOPNMGCDKWVNNRHFQNNRWO;LUPPRNNURFCLSVSNFFE>HSPICDJNHJUSFGQNHNQLIJIINWXKJLNUWZ`_WKFSVQQNHEDFHCGLKSVPGDPXXNOLJQ]eed^`w‚zi^WWQQOGQSW^altne[]efb^`a\PUTRPMSWSSXWPNUZ[ZZTILPPHPXTJPWOS[JHW\WVUKHPRLOTZUJHHVYXXJAIWXKPQ^ihYINQPWZKIUUTPUSVUVZZ[[XJCHQPFLX]`VTa_UORQNMOLFRQNMLPYWNNTQEBQSS\d\IDMRLNWUUURQTYWHBQ\YXW[YZZTQLLOSccXVLHLIPSU]_VOU[^\YURRQUVUQMKSUUKOTSROGGDGIORUYUWW^_TMOSY[Q?ENLP^\VJMMQTY`][SQ]^^abaZJHP^cigdpzynb\TNRWYQLNRPKGDIKWWW[XKLVWNPTNQXZ[TQOOSY]ZTMIJCIQVVTPVVURSTSNR\_ZRSZ]ZVPIPRPRYY]ZUSSJJWZSNTZUKNOOHSTHGIKMSQMTSTQRU[ap{ƒ}spiTZ\PIQOKSZXXUWUUNLPYXPUO@CMS^fbZVSLPTY`bZWXIV[WRONQOSWSNPWYU[_URdkjd^ZYPHMV][^aWMRUXgz‚~p_ONTRQSMABILJLKLTUIGMTQOGAQZ_YQQGHOPJGGGDJNOWXPLILMJMUUKKIGDKMINTSVUUTQWWPJLLMMFCPUSWY]WSWVVTHFJILLRYXSQWZRTXXXXQOWXUXUTXXUNWQJSYTHOTY\hprrt~€vhmnaRIKUXXVNHEQ^_TSUVYX[[RMSQHGHUSHHRQIALI=IJLT]`XLJRXMIQQORTOJRSTQPKJNLPZ]ZZW]]SLRXVUKHHFQW[YKHHLNSQQQQOROPUVOS\YSRNLMQJAJKOPROKTQRTUWQEJPPRNHJNPOLOOLJQ]\SW][QCHG?AKSSSSZVNKKSZYRLMFOVXZflh]_jpox|uh^XSPTTQRPMKKBE@PTP\`Y[ZSMDIOWVOMPKNS]ZOJMIGOU[`_QJPMKOFHKMKC=@ITWMAGTWSWXRPSRPOJHLUYWSXZVTURPQNRPMQMPKHNUOLMLCDMSVNLQMKLPRTRDCKNPQRNFHLKY[R_hh_KP\[URRVPMNFELX]YUUQSWWLFAI\VUckdbitqiiic`\SMJJUbcdjb__UNX^YVVRGQUPQVRNVXZXNMNNSV[]UFENKOWUQT[WQS^[RQSWZVOIOLE@CNNDJPQQTTQKO\\LDFKbibSPNPZ]ZOPSQX\caabc]TQPLJENVPEGV]]ZcfaRQRGGVa[SOJLHOVYYYYUORZ]^\^aTHOQXYQLGIJLRSTWUPWYYVPRMOX\VHEJSWYXLIVUKEHU]YQKQVSOOSSKLLJNQVSMQPLLKKQWSMILMOLMNEIX[RQSVWWUNHKLBJMNKHQPLTXY[a`TSWRQYUD9JZ^_akswyo\OHEKWUHLVWXWPPMLTWNKMMKKCMVTV\]Z[\TKPT\_]VULHKISXW[`_ZZ\SFJPSURMJPURNNONHNY[ST\YQLRNOV^\WZ\QKKEHUUNIHHJRWWTPLHJPV^f|ˆ‡}{t`VSVSTOIW]TGUZ[XSTWY[UQNIDS[\_^XXUUUXRKWb\WUQYWQNVVOKX]URWYTLOVWXcie[PQSUVW\`hi`SZ]WP[lqsnaOFORRPKBAIEGMNIIE=AHOONKU^b`[[T@AINRQPGEPROMRVXUVQLNPJBIIEKPMPWWXVUNGSZVSNOLNLIHMKJT[[VST\[OCJRRTPMHLJOXQMOPOOSNNQNPPY\]`USYSMURNFIV^ghmpmmioqjie]UMOPQMHMRIPOQSTSOR]^XNOPMQKILSSRPRNPVOLQOPQMMJNORPBAFQ]_ZQLQXXVSNTK>T[]_ZTXSHPTUYTROF@MXXNKJJFJNOHENVQCMXTP\]YZYSPQL:6FOSSNMPLKQRWXMNPQZ_YRWTPPTUVQMRQQRWRJHVXKHTZVUT\]SJFELTUHFJRWTWanl_X]kqmxxna^VSXURVODIKNULMWUORXRNLHJKNQRIMUUVXZYYVMKLOJISUJLSSTPGLLLNK@9@LWWICPVSQY__WKGQV[\UORWX[[UPSNMJEGFMMNKEKTPECMRQMTSLMTUTRSURMPUPJHNRPNPPPIYNKZ`[OT`^LKPQTOQPLLUWXUXTTXZUN?ERWVX^_fe`^irspjcVRUROTZa`TY_XNV[VROLELSTTZ\\\UWYQPTPOZYRUPJNRRZ[VZ`]]_VZZRNMRZSFMIDHOTYZRHFOVSRUW[[MLOTajeUMHLZ^XHHVURWYY_daWSUTSGCOUZSMKQOKSa_TMLFDBRWTKMKHSZ``ZVXWY[[a[S[[QKJPRNF9;C?MNKQY[ULQXVKKMPOSRRXVXVYSOZWNIHKU[YWQOPPLLIDKUNLMOQTVSIFIHMTPBACPVQPOIQYTLLHS\_^YNMUYYUVXTSUVPEJW`edZKMQW\YLDLVUP`hioqrse]TTLONU^_ZYZ_`VPQNLOTXOO[aZUTSNV]SNRS\`_\XUTabYQMRWXSTXTHI[_\ZSQMGKSRT[YZbd_VVTOJPVOKJV[^\UVR@BOUUVQFHOOOXVIMVSV]emuxvtbTMTWYY\ULLQQVVQLNVYYSPWWTWW\^a]SQ[^VMS_baa]YWSRWWPRSQPSQQRQKZbddgd^PS[`cabili]]a`ZKJ_t~yhY[[SKNKBKIACEHMRQMJFHHOWXXUSQQPOJLIGIMDMQLGENPMNOSPHKKONINSSSVYTOPSQQOFJLJE:BKGHOJOMSXXTUZ_ZLHIRPNTWTLLPOGDFLQVWZWNHPQY^ZYZTTMJLONY]cbXcden{ƒrbbb[LEHPRWZPRQQLLSODDSSRX[XW[WSRV[YVVQJKMROPPKQOKOLMIEHKZ\[UWSUUXYVYWFKUT[]TPKCHLQWZYZWTQPRMEMVUQXVOKMQPQMPTV`ea[ZWPOLBACLOQQPRQKLMNOPRMKY]YPMMFLYXURORUXYXP?ANXYUX\VGCMTWQTTRPYZRDMQORfqukfa`\hz„o\][UQMQKEHINQUSUYWQV]]PJMNJLUYUWZVPPONTVRJHHGKPXWQNOQWUNIFJ@;@C:DUMFMNNU]aaZMLTWUWWTPI@HWWJHUYUFCNTYVLHPSNB>AMXXQT`bXYce_SNRX[agml`]eaZRK^v†ƒsb__\QMRPQUONMKQWTNMDAIOOIDDGF@CKMKJINRNIHA>EFCIVXUVL;EVXMSY\[WVXOFPPMGINIJQVOKJBHORRPSXRDOX[[THKRWXXXUJHLFKIGNQX[XJJUWX]TOTHIPJMLLZ_^WUemhiy„ˆ‚rgegYNVXVQ]bNLRQEPTQMNLEMSMPUTOPSSSPPRE@FJJMOQX\RGIKHGLPNQRQKOLISYY[YURPJMRPNQOILDBDQSVWUMHPQLV[VZ[QNQMNPSWULW`aZOSPHGPWXVP@DLORQNQRQOPJPWZQNNRGCT^ZSJNXYSVNJIIKQNW__ZNPRRTY`WR]feXMPPLQ`hlcYU]_j{ƒzgW[]ZWTPKEBNX[V]`YMK\^TUZSQSSVYUXYMONLPVTOQTSKKX[SIGKRXVSLJFGEFOGDJPSUPPUZUQPOOMPPUVTQCGTULDS\ZQOPMSUHCJSQKHHGRTTLCBDQVQPNLNNIITPOQPPWZPEGSPVYRUVUQFMPPOHCRPHSWRJKPW[TQMIMVUMMSTN^jkhf]Uhqsmba\ZY[YNKSZ[VNWbaYOQTRSZROMXa^YURNW_c\SNICPQMOUSX\T[`XKXKKQUUNOWZVOGDLRRMSPJQTOXXSURQYaa]RQVTMRYXRNPGIZhi]XRGMSQOPG@KI>HNGIW^XNJIILSRLIB9QjvxhJEFNQR^hfXQXXRRNDJMJHDENV^UPUNGLLNLNOJMXZUNMY[^]TSSGDLSWYZYSDGSSPFKSXXUWUQNNGJSY[UPLSVONEDLNPZYZ\\^\RMVSPOQSTTXKJTXUOLKSWRFOXZTMBJKOQMV[`]grz~€zp[;IVNPXXSKIHPRKPSOQWPNWae]SVS]ffaZUVTZYVQLNUXV]^\_^YSMMJU\ZRNNPHEJNOPQWVEGQPWTFKTRKKMSYY][NHLWRUXRRZZOLQRQNXTDI`jknrvxyqe^YSQR\ZNMNNYVTTENW\[TSWTIFTVW^[W[[YZ`aYV^[NKMKG?GNRRSNNCEOSOR[[UP\a_\\bdc`\]_Z]aaaZTUdy}qfZTYaWPSPNJQVRNQTPLPSRPQPPKBBFIOOLLONOXXVOGJQHKTZZZRLKQVQQ[baWRSVTSREEPRQPUYWKAHIJRWPIFCJOVWYXUWROUUJKLCGLMQKEMYb`P4CRY\XPRSSQDAPU[_\PTjusoms~ƒzokjaOOTRFN\VOWWSURPRQWTQJKPNPUVWTOGLSTPSPKJNSYTCBMRVULTNOQRUXWOIRTWXTIGSVPJGOQNMIKMLOPJGMRQTKKLKUUSVSSPOPURRWQUWWQJJMWXQHBENKDJMPVTG>ENXXSLPTROMT\XLBMWVPRNSQQVSRX]_[VTXXSYWSV[]ZSUSKKQZ_`][dmmt{uaQV\ZVMGLKLXZSSQQK@ETQHFBITTQRPILLRWTORROLU]WPUXNENTQQONJRXUOKMNDBMRUYWSPQTTSRVVRTUSUVOKCPTMLOJJSVSSQLIOTOLKQTPQTRRMPVTMNKLKGDGJPNPNTWVLDHb[WGFPZ]OMNKLKLNQLHFFCET_]^a^UMLNKNW]]_flplfdfpuuh^][URRZ\VX\WV[dgcWOW[^_YPDQ`g_SVLJY^ZOFIJVXNKLKLSV]d\NKV?P[`YQRPNNNMMLRSSTRRQLIKMSXWSV]`]RRRLPY]XMRTUSU]a`VOQRRSRUPLHEMRMGOX[b`ZPQMEHTTWSeorkXNSUXTVbheSKNUZVRZZVY\RNV^^SOMBFPRIIOQUXULHJWba^WXVH@ELWYWUWRN[_WKDKRVVYXWWMGLLSXTNKR_`XMDEGERYZZU\bZQVUUYX[VTXYSIV[P@JZZTLKQUVSRNONXZ^\QN\iiiq{{n[URPSYXZ^[PMNTTPIHSVVQXdgdZNNX\]UTOPQVZZUTXWNPYRSX[`]]]V[UOKPSTPVYWURXUIFPQUZTMSVSMONQNT]`YSWVNMLNVYQD?NSJKLCRVWXfx€€}voi`UGJV]WKLNTUZZTX[ZX^baZXYZ\[YYX[ZTQY^WXb\UTXPLCSYXMOTVQBQUPGRTWY[Z^de__ZRWXUYUUZ]__UXfoljbYZcb]XVRPNSQLLQOHCIOKHSTOLNMHQMJLQSNRWWRNS\XLPPSTUTTPLKHS]^TRUPQPSJ?MUZ^]ULC?EFAHQURHBNPJRW\YZXVLJJRTHCNMJFLLP\e^SKV^`[VPMNWUOPXYVWNMallnolt}|qjeaZUQOFISNSQOV]YKJSTUVVRQRTTY^XUUPT^_\YVQHPRQSJHNOTUORSLMTOJMQNQYVRRLBKNNOMJJPQJIRVVSRJKLGNNGJKUQFNMLOJNNMUYYTTXXQLJLPM;?GSPHEGMLNOLLKLPXTKJP[THNQLPJMMOYZXSPTWVTQXYVPGQOGKIURPLLSSKCL[]_``Zhlnu{xo^[\]]VMUTNUULPGSPGMMCB=JYYSSQLPPPNSXZXVSLOTTTTULP[]UUUOQZ[QPROIIPTYZXVOLRVRMSTORSSOLMLABPPJCEKKMNRSSP@AJLHKLQILQTWXXZUOLHGFBHQUPHJORRNJDHh`TE@OZ[WVPPRUUPPSQNPQTa\Z`_\[VSU[\`TCK[edeji^]^YY^]QLRSZ[[XTZ_bfgd[Z]_fgaWU]e`PFIJQZVPG@ENQMII?JSZ_c[TTUOISWRQRKROOSSSTURMNSTNNPSRTVNOKS_\SKDLTXWRRSSTTcjfYLNHGJRZXMCNTMJMVVNT]_XXVLDINPjto`YZWVYWSLS_eaYQNT\]\\SPXWJFOUPNVUJSSMHKMOQRNMLS[[SSSPG@@EQXWGIRDGWWPFKTXVPLQZ[MCJSSQPWVYa`ZVTMFFNKKKR\ZRUWTQQUZWQNPWZaaTU\]SRYVMNQKJHHPX[WVMJR\`dlspg[EJRVZXWVQINUQPOPRVXVKTbhbZWRPS\[SRSPRXW\]\VTYRGQ[cfffa^XQOSVVUX[XTQSTOHPRY\[URRPTUOFFLWX\WTYVPXVKKMRUSVSSMGPSNWYiz}z~~ucWMFAINPRRMNU^ZSTTTVWZYZ^[\bd_POXYQPTPR`b\Y\YMPNTMENQVSKLSNBIUWURLT`_\UHHVZSXZWX`aa[QS_gg]TQX__XNIP[XQRNKTOGEILLKHCHPNHORSIEPUTVZYMQYUOKE>BIRUUSUKCW[Q@KTNGEHJTTKLTRIDGLJHHPSVQHLRPNKSY[`]TQORXSJLSRC>OQXeg^SUXY^[VNM[\RUSOP\`[XY`ntrinwwk[]c^ROWMLQTXMVYXSHQOLNNTY\YSU[\ZWJLWZYVVRONPRYVNPORNNUQPMRRJBINRUUNNQH@ACLMVXVPGBLSPPRSNPPSTIFEMLGNHHJKWZRJRWXRTVUNJIJECKSTSPQRRLDFKPVSKGWWTQRTMJCENNEBNVUUSPPRRPRPRUWUSQGJFETURNSXTQFLR^ijd_]_]ivzodbd^TO\_VJIGPOCMMMGDLNOSWWQHDELEDLOSPONK>EPRPOONPMIMSOOQSNOTOEFMOQRRVR>@ROIB>=HIPROLOSRQNLEGNMLNQRLLK?BGLJJGCLPWWUQUOMK@:;ESYUKLMQTQMEAHL]SMDWce`\VRTSSUUY^[OLOUZVWSGRVTST[a^QN[[OUfptl`^iqnfYXTNLNRNYilf\W_[[[aeaZXZ\]\TRLFNSTUNF@DENN=>QWY[YTX]\YOROCJPGCHSSRSLIMSTPOQRTVZWUPMFHW[PJHKPJFDGPRUS\a`QHDKEELLMLMMUSROSYSPLR_baYTKINj|zePQPLQ[]WUU[YSFEFN]`[UTOOGD@@JV\WSSNGQWWTMOQJEHNQX\b^TLSTVZWI;GQJRPHJKOQPJABQYRQQRRQSRUTSPLT]WPOMNMJNQRNJRSSLJOSUL:JSTJMVYRIUZWRUSRSPSVRIOSLR[ccgkggi`WXWUQNOLERYVNRRONTZVMMSSX^]UOWWDVd_WWab^RRX[TGLY\[XZ^ZUQTXWUQQOKLPPOI@JOROLMVUMR]_PFBJPRSNTWNa]QRVUXYVNLQRUWQZ_^ipqy|xj\PNHFQX``XT\c]RLUYVQQP^e`X[ggZRVYWPRVW\fe_\\VNOPVMRVVYZPLUTLHKNQPGPTXWQT_^VWY_egkkd]Z`imfNBNY``UGDX\WYRJNPLMMFLHA@HMKFGIMNKIDKUYUPQNGGMQLIKQVTJLPRQQNLGLRMKMQSNVYTOQL6;GNRTSUXPOMKIILUU[\VQSIPUTTONOIJQWX[TKPPCNUQPMZ^SMOJDN_a\YVgornfq~~rd_ZXSUVPQTSPUTRSPNEAIOOTNRYZ[XV]UFLRRRVXWZVTTXTSLJKKSQD59LUOGJJMH@IRRNJFKOUWUTVNPUWSPRPJMVWOOMKJNQJKQEGNJJQOKCKLDCPUQNNX\PNSURWTNJJMUUGFS[XQLNPYTMUYYVTZSHIKMWWNRQRQNKPTQPJIITY[]ZXRJDCM^efc^``Zl{}wphf[QRYTLKKOMCRIIPTRSTRMLILLHFLSUSOPRLMHKNRQJINOJGJRRICIIFFHGCACFIGBQNHONGKF9DF?NURNOX]VNTTSRNLMMRSQQMIIGGGHGHCFJNNJFJJ>:DT\YLCILLIGFEKNI\URU]ec^^XUWVZ\UVWNFMPVVLMVPNWXTUSWSIJUSWbovvsmszzriXPJPT\[]dlmeURZWUQVZURQSVZ^XY^YPGOYMEGIJNOLN[WSSPU\XYcUSIQWSOOKJNSNJLSYTPMKTXTX[VKHMVWTMJKSNCGINNVWXWQPDHKD;HGEDOUTQTYWSHFD@O\]WOIILdwxiUQNFLZ^YUROUZWRRJRZZV[]YOIQQNR[YQNPLOUSMHMMIILFEUcijbPPRTUWQOONOW\YPMJRRNJHNQW`aWFBRRPNNNKMWXUSQRLFIMMSSPPY[SQVVOJMG@PQPNNSXPPTSSW_^XTVRLUSSX_c_bqrhid[TWW[YMLKPVWOJNSZYWWQOQNT_^^_ZTLZge]_b`YTMQPTSQRSQUSMORSIKIQVQNSVYUQSSRTKDE=KTMGNSTOJPOOLDPWPQWRKIMVWSRPMNONS[_`bluz|zrc^XRR[bc`WRT\XOPWYROUWX^a\U]dZT[[OJJMX\``^]WURPQSWTHM\YSSWSA@HUXUSVSWY^b`aaZ[egpsk^^X\dd^[PGTXSMX`[QHKH@FROOKKGAJPSUSMDAFCFFJPNHUYSTVIQVOPNSTFFWYXSQUTOKMTSUXSQWQIKWWQPUXSQLIIKMLHSWXRQXVAACKW\\VOOXTNNX^^WNOKQTQMPRTOIGGAKVUYZRaloqpeo~u_\a]SHHNX[VSJJOTRVUJJNOEOY[WRS\bWJONNUVUVTYVPMOKJJMOTSGDEQYXPTRFCD@ITUOMJPXWSXVNTVVROMICFMNSOHEHMLJLMLQPHNPOOOOORWYUOM[\RBHPMHOJOQHGMGEIQRBKTIPVOOZa\XUWH;B4EMRSQVYUOJHORLFHOPSRPTZWMSZ^gml]Thx{sv~ziTQRJEOVQPR\ZMSUSOQYcd\HFLNTSKKQ^c]NOMIPSRXZRKGHGACKQUUPF=LPJ>DLQJHQWTSQMOSPIIJDGGJV[[ZYUBCJNOOGGNNRPIRSRRQJHGNIHTYQNRNMMDFGQOFIXVOPRLLNP^RQNV\[X\[YVUMBPPNMNIS\gmolaUTQL@HPPKPQHYbXUgpphX]knfYWSS^`elfWUYWYTMOW[aea\[VTKPYZROWVOEPWVROVXPLJMURMPIGHMQOQODFPRMNMNSKPUXZWD7NWSJMSRQXYPKKDISRNPX[YVQLLRUS][VVSHAQRRTUSSPRQVXXUMTRLW\TMPSVZZUPSUWZYPNWVSV]ZTNLNSTPRYUGONLTTPJPONNSQQRHGMKUUUUXXXVRX_`WNER\ec[VVX\WSTSPHKQUPKLLJLIP[`TJJNXXLGKMJNad^VTY]YL?CPRPWRSYVBCMQ\jl_CDJSUPUYYVQTeosrmssqgc\X^f_KHY[QHCMRHGWYVS_b_\XPLG>>O[a_TLKU__SRSVYWTPOLSWVUSPT^]\__]VR]YPBHKOOIKNNGGKP]^_]UTPJPUWTRSWXNMSVVVOMLITcf_dlrul`\bc`SQX\bd_XVTRKKQSRZYX\XZ[XVWUXZXUYQINTYXNHROJJHUVVWTJU\YOJQTURSQSW\goi^VTalnof_cb_ZX`egdWNJJZcfbUNLNUTMBENOIFEID9CKMQEBCGTXUTLKOSWYVV\WJMIFGLPXVNGKLOXWMHIU[RLKNPMQTYYSAKTNIKIIKIW_a[OAHJOW^]VOYb_UNQLDTZVUPRW[]\SMJHJMQQNMVbb\Zbfmv}}na[QTXSQNNQSOSUY[RTSLSUTNEDMOWZWHPZUKQPPUTMAGTWTSQTYRIDKNSRQLKKNNQOINMQZSGNUTPOKMOLKQWQHMOLFGLGJJISL?LROPQQRIBBGJRPHJKHGONNQTXXX[UGJTTLL[[NJKMQMIKNS]YRNLHEE>ISX_\VSVN?HPSUGLTUTONVULOQTYbejjeqshiy|mVXXVTUNNVQRRSOQGE;=NYZPNQLPWUPTUVXUWSDGPUOMOJFMPHGMNLSQH?KUTLGKIJLFPOKOQQLI@HOQPKEISSV``XPQOSUL@DHNLDHQTVUKPSRRVWUQQYVILPI?LPE@MQQLMPOOWWWOP[\URSVYYNHONLIKRZ]Y\elrh_SLJMOHPRJPQ_nlabgqth[fsthRKR[_cmof]YUVY]`dbaaaYSX\WNXZSKLSZTPTW\ZPQTTVR_^UPTUZ[Z[YXTRTVPRTNNJRRQU]\MMXTOPNSSPPOJNONPSRYYXU[[YPPTU]^VSKE?IVYZUKMJPVUVUWQEIPXYVWURTQKNPKMU`eZOP\YOKUQNTU_]QEIPGIZXWUWZ]SAEKLPSO@>EELSVZ[UJNU^]]UOGN_`XQQVYZVPLLMMTY__ZRONGP]^RGSZYZUPNTHFR_]]]VTVQKRWVQKNTZYHGILXiso^SQPSP@GSW[\`dgfbnzxri^VXfj]NW]]TFEPTQRQNHNWVUUPNOSRVVPLLOIITXPOQHHKIMI>HSVTUXNZcc]SSQV\a\SSWTMOWXWY``Z\^]YUZ]VQSSQPOMPOGLTYYZVNJS[_dgiq|zhY^]^]TRP^heb`ZOOXUT[`bca^_[PNQMMVVW[]XMKX`^TPRRSOMFDS[WSVTQIGLIHSXXWW]ggXSS^edhie^TWYUWPQXXWXTW`b^TSSTWRUXVTOALLHMPQSNROJHOVWPMJFLQTUSOVXQTSC;KRS[]R=FTRNQLCGIGETZ^PNXUOKKMRV^][LFQTZZSJEJQTFDRTRTRUYVPX]S=KTNFGHFIQWZSDOSGHFLRNMQRNRVVRNIFKPPUPVYTPSRQQPJILSQQPGMQPTOIUZTQQLJKWLKJNY_`UMCJQTRSUUTSXQRXSTWQOSX_hkrtlntwmZURWZUROPSRNOTNQVWPRWRNRRPRWOQTPRYZUOJ>IKIMJLMTPHWYVURIPPMOMJKDDJGQ\WMLTYSLMONNHKIQTNTWXTOLOOPKHGHGDAC@MRMMRQOTWRILRSIHOKHJEGFNJMMEEGDLSPTFQ`XHJQZb]TbdYIELTVKT_ejlgZLIORN@LNQTcnqh[\ntkiqw{xr`U^[[bkjgdVY^UV`e_XX\WTUVHMRQVVUUOWZTVWRSQNKMW`WGMTYZZUSRRTQRVUTSNOTXRLSZZVPOOPP^a[TRNGIQY\[[_]YSLPQQRUQQPLMLHMWaaYOFEFORTMTUK:FQSWbaZZUF?IUXW[c`VMQUUOPQHU^_^SJFG;9MYZTR[_YLOPOILQPDFMOS\_^[SKPURV_`WDQWPLNRTQTPQ[_YRSZ\ZYTJ>J[_SEOZ^XMDFHIOUVUVYYQMLHS\WTRO[ZMEOOIMVbba^VYZ[VSUVX[]]TYbbipvufVW^b[WTWUSJJLRYXRSXVKFF;?GJQIKZYKKOOSRTVVSMJPY\bdd_XYSPTb`TMIOMGHORVRQ\baQKRTUQTRJKOTNOTTQMPNKKSTYVVSOSZ^\MHOPX[baRGUYWVLIP^b_^`aa^OJUZZSPR\dgjuyraPNSWQRUTMJNMJPSR\_ZURPQTUPT\_XRSSOUSMNSVVQOPGISSQQROP\\USLGRQPNHP_c\TTTWSOEEOWRIJPPXWKNJNY\ZTDAEGOOTX^^ZYZVOXgorw€s[V[[ZSU\YclpqbFMTPJT^XYab`][\daZTQMRV[TPSRQNMGLX_^[IHUWNLMMJHGLQSQSYY^edZ]ced`bcjh\`he[YQGHKNLKNRJGXacc^_]UEKQTOY`[VSOUZSFLTWSIIKMQMNRLAFOMCGFJLOPGCMM?FSPPTLHPWKKONWXTSYXTYXSKRVY^YTQV\]WQUYaaY\`\^[KGX]YUXQONMPS]e\HAEMV^a[QBT`]Y`kqv{|m][X^ZUXVUWW[[YMSPGHVUSF>>OWNIVWY\YW\\WMJJOUTX]\SLRUQWWUSNQTPNJNWSLMNFNWSPKLVYVPA?HTTOPQSUSQTRNTXWRUMNPPMTTKMQRPJLNRPPLGNLEGPVSMLRKHPQGMWUJMNPSSPNICLQQUSPX[ZRJUZSMKIJO[SOPUW\]]THP_c_ZWRX^_d^[begp|€xibb_[\WQGEMTQHMPQJJNTTODCHRX[UKEOQQRPNPMRQKSSB8ITNHFDC?=DLTSORTLDBAHKOSSOBDQWSQQPOOJKKKQRUPQSLMONQOGHRSPSPKGKNSRMCHKFIDBKQPFHK=ATYUOQVTPRXW]^RLU]VYcga[_`\NO_c[\glj_VNROKRLFHJMUUV[b^akiVUhu|}qbVT_jcSLWbf^VW^XNNSWUSY_XMJMRMQNHDHMUPVXTMP\^ZRKTRMMJWJGNJPVMFIQTRSRRYbaYQTSQQVXVQLMQLHLNOPOMLIOMJLMPPONLVYSLV_ZUQWZRIFLGCKV[Y[\[UVYSPQVTKILLWWQQVZTRFFLJLTZTMORB9JOIDADV[REAGKUWWVTQLOTVXX[a[UTOM^b]TNYaZQRVUMMPUXVORRRNJMHEJT[\XJLIQYULLTUTUWSRTXXSPURVYSNWLGOSUUZVU\^[^]ad]UOQU\dhhc_ea_lql\Z\UHHIPQMRPKIJO\`[SRKJMRUXYVVRIQQKLKKLQWVPONKPUXSPJHIKNOJMMK=?PTJHCP[_]VNKQRWSMNGNNKDCNWRDDNPPPU^_^]ULRTRTSMNOKNUYbf`TIRUYYZWWVVWZZdkq~…m^XZWUYYZURU[[UQUTNJPLDJLOUY[QEHJJKOSKFPUOSVS\WJFHOWXRHCENTX[SNPTURORNJQNLHBIQL>EJGAR^ZNNQXZTQSQQUMFRZTU_gc``b_SQW]^ZZbd]UUWVUUOG=LOKJPXXSRSTUVSV[VQUKERZVPLCFPWXMEDNY]b\SMNQOUVRRSKD?;JX_]VV[VNIOPIILLRWTOKJUWTQLLR]c^WZTJONLGELQWWXYSU_^WPMJG=ELUOLKLOX\VTRLS_`cc`Y`^]^_cfa^\YbfhnnmeXOU\]UPE>F?@KORPTPHKMLTYSPYYTRUWTRFHIMPRTKNSUPIHCHRYZRMOTTH;CMNNNQU[UUTSRRLJLNJFMPLQSUGK]_RFTYZTHHIBO[\UHHX\`mrwxoea``eecXMR]dkgWS[^\VU[XQUTZa^TOIMSRR]baYNPUSV^]WJOVUUTNMLOQWWRRV[dca`XU^c]YY[[YVXX\fjbZXXPMWaca]XST\_][RKJQQOMOQRQNQVPQV[X[\]`b\TRQYWPJHQMFPQT[YSSQSJNQSSOFDEJNPIH[da\TPOOQRLLLJGKPILVTMNMIEOZ\VVVV[WVRSUQNNJLLKJKTWNLMQNMJU\]VTY\nxvtumaX\ZKRVU\Z\aVOUU[VSTMCCNU[[YPQYZYTPSMK]`ZTMHINTQPJBKRKABMTSOROOOGKUPGBISTFFPQKMTSJONIMPKPRMGOWYTISWTOLLKNOKTVRPQNJLPME@JECHISYWUSOSRRQJEMRRIF=?KLLSXYRLQUXVQVWSX[ZWSQVWTRVYVOMMTPIELWZPHO[]]ecWNS^w†‚qb^[XY^TO_^WVOGMG=MSTZXOPLJMSOJSWXUNALV\WMLRMLPPIGPMKW^[MBCFNOSY`c_WRZceaWSMLPZYOQNMS^]QOSLM\aZ]d[MZZYRNX`\]bb]duui^[XWZYPPLGPKEGHIFMPNNSRQUSRUWWEG\ZSNI?@MPVQHFIIGFPRUZYVRNLJQIBHHKMSVXYZXQIJLRPPOOSWWSHORJOUSQTTXWQPOJHOXZUQRZ[bn}…‚tdXVadhg[YUOakhZNMNWVXa^TV`gdYQPMMLPQOMOOPQPTRNLLLN\YSSMOQSNGKLV[][\Z^\YV^bd`_ac`^_ZS[^UWXPR_geb\NLMV\Z[RIKLGJOUWNHLV`r{vda\UNKNXa`TTXSPSXYSGGNPTUQMJJRWUNLS[a]TUXTV_^RHGB=LVVNQTKBIRUQQGDMXYSMP[[VPHS]``ULOVURJICNWZXWYZ[Y]]TJNQX^ZUPQYTINWWSZWZ][SPTWQJMTV\XXZWNKW]SS[eeiads}€r_ZZ\^[UGNQOTRDALKIBEDBFLV[SNNQFJUXTTYWRMLW]ZQU[[ZWNIGHNSYYVZVT\_TGIS^[JEJOYZNHKOSVMD@CJXUPRSGAFKVWSUWTOEGLLIXc`pƒ‹‚m^WROMORTWZUTdstmba]TOTZ\\YYWVSTVSPUXVLBNVWPCILYadQHNTWTNQTRSV[`b]]TJPajlfdb_TWYWVRKIPUSJMTW_`\UMNRUTKLLLMSWXYYSPXW^^XVZ^^\Z]VWa`]^aXPQQRRRP^f^MMKPX[WJORRRSVTKINX\RDKOTPMTTLGNPR[`fd\VSGKTWIFCXcaYWQR\\TSUUVVSNSREKQKMRGTVR[egfaYP_ronz~v\[\HOSQPUVUZYWUVJLNOPTVSLFCDEJQOI@V`\ZZUJNMECRVSPW[QIPMQTQOHJF@IMMNQPMLOQNLOOPSLKROHKIAGKGFKNKPSRPMPUWTQTOUXXRPV_dc][ZNHIGLTTQQTNFNSOPQTUOSM@MVPJGKLKHOW[\TJISXTRSWUSMGGSYYWV[\UURRZYTNQ[][WWZWOM]lxrg_QRVWX[SE@JS[YPGNQQKPMQROLTTJNLBHSXVFEQVZZWSPQMMTRRY[ZWTTTLGLB;CFPXWWUPONEIMKKOPKHV[SSTIDJTTUQNFLUXYURVVQRNJKE>;BNURNKDFKMUTPSSRQPQSPQPHIQ^dbZOQWZZ\YW]`ZYcd\UV]dbUSRNQRMTRU\YVZbdZSVY]]^flov{zzobWU`a_ZMOY]YYZ[ZVTVSU^ZSVZ[[P;KVYSNMOVVTQSVWTWVUPEIPVKBHPWZQJRUY`aTNUSR[YXVUQJEJMQMCCLIKLNTZXTWVUVTOLJMSUPGRUOIQQUWRROOSPPOFCFN_cprj_WRRJBK]`[VVLHMSPG>ACJJIIJHKT[a_YSX]_QGSWMNYQDAHJOXZVQTMDDLTSIILOHNMSTURPOJOWWURPRPQPPRQNUZ[ZWSUPQ[YE=LOVa\P@AMVY_c_\[PSOVZSPTTJSZa_VUZTSae^ZZ[]bdajy‚~jNMV_ZYSBGKNPLHPSQIFGKNKX^^]\][OCD=DPXYXNNXYSJPWXVQMSTNMV[[[TMV^]OSSRVRJJSSLIILHJU`\OFIHCMSWSMTPMMLQROHHWZXNH[WIhywkb_XVNLVUW\UNN^mpg[QQZ_ZVZVIQMFHMLPX]]WNOWSFGLIQ]a\QSTUSNKIJLLMFQ[PONHNWXX]bZY][XZa\W__YMZa_^YXWSUZXPNSUOJORLNV]]_^[XPIQRQYYZ]XVRJNWYY\UQTUISdbUROOTXXSPKRRGRUPLOSTF?LSY\[SWYULIMOS[_\QJCHKJNG>NX^UPOPR][VWYSRTHNVNNZZMNRROSY`dcc`]Ui|}~……u[XMNQLJS\a]XTTUQQSSMQVWSMLJFGMOPOW[^WPINRUIFMPOOQ__TOKBPPOMOD8@QW]]\WMDLRLBPUSGDRVQLHENJ>LPWYQMOVYUMLPOOPIFKPHFKLIHA@JPNM>HTPNPRPUVLBHQUODILTXTOUXUNPZddbYZ^Z]cl{~oVSQQSWTPQVXSUNNIHE?ENKIDDIORSSGLSSPF>O[\VTPMMFFIPX[`[RNOULAGMAFQJRUMEAAIMKRSRSSKLW]YRNKGKHAEJIMMNTXVOELRRRRPKD:=BPTNEBIQUWUROPTKBMNLGJDD=MWacfd^Z\abXV\YVYULOSUbeXOPLUXSSVV_b^\]_[SUXXUO[bgonu|{o^JJRW]^^\]^WOZa]UXTKHKPV`^YVNKV^aXQRRQPQUTNHBIOTPDLSNUSQNSVSVVTWTRW\\ZXUQRUTOKLNMNPIFIOMMW_`YVTPQSRVUNJSX][RIDIPURLLLLJMTUUQPQSS`libXQPI@IY`]WTNFILKNKEDGLK@=GUZSNQOKLKMNGINDCFDMNOPSRV[a]NIT]YPSUYXRVMEOTOMGMRVQMQUTVWRQPLQURPRRQLN[__^XKLLI>R]^XY^XNTZ\[`\PMLNXWT[VY_^VOX`c_^PGDI?AJMLHBFLFNTQSTOHFCHHFJTUWQGCMNDFTSCHKJMMW[XSXdh_SQNRUVXY_[WRRVTNFIFNRRVVTUVZZZ^^YRUXXWY^YTUY_]TMNRQPY_ZXZZNPY\^ZRNOSQNQTZ[WYYSSVZTXYPTUJQZ[YROT_^XOW[YQOMZaYS[bec`ffimkd[TRNQW\XULKW\UTY[UFEQUZ^aa[QJELIOY\XOV`ZNDCQVXWOOPT[ZRIHSXTO]`XULJMMNMMLPZ[QNQTQNGJU\VNTWVOIJORROORPTXZXLLYe`YzŒ}kg\RXZVUVZ[UW^Z[bfa[SYYTQMPW\WPOLQ[]XSP\_VHHHJVTFGBDLNMOSQPPNGRYW[^]ZZ]ec_WRRSNMNUX[`_a^XTTSBFQTOKMJJOKNSSVX[ZLIMLNQNGNWVNGMYZVPEFMH?EHLKNTVUWXTRWYXYZYQLQVTLKKNNNOTWSOPKBDDHSVNLJIR][^]KFRVSTXRUTLRTWTNLGLNLRUPNW[SPZVF=JIPXUKQ\^fw€„zcTWZaaWSXTPRVWTTKOQMACIOTJEGQUMOI@EFNRRNGGJKQ\b`VPQONSZYV\a[MN\_XWVSQPOMIONOY[ZVRVZUQURSMKOTVSSSOU^a\VVVXYTPZ``WWafhb]QNQHNOLTPILRPHKOHAKUWTUUTROI7:CFOROMONRTQSPKSUTWPDIHJ@CJMLMXXLNJRRSYNGJYebgz‚yjb\XYSKNXUNNOGLTTRONUURJPRMQSLMRKD@CMSMAKQQUXWPUZVJKLKMMPPMMNOGEIPSNOTTRJGQPJDABEIEGKEAJTUJCMFDIIHKFDKTNHMMSSJB=@LQMPZZL?=AKSUPKFKVZQGFIMJJOW^\XRVY]YV]\[Z\VQ^_`a]^a]]]XYTT[`WPMPRQLMZa\OUdmngbeia\]_a_SSVREIVYXYX^`YTSTQX^YUWbsyunaY[TV\XQSMKTUSQZYYPYU[\_^]ZYSNTOMW[^e_QOIKWWPW`aXQQGHLRTQH@HHHNZb]ZZVIM\ieWPNNFEKQQNSUV]^UMELSRQRTUYYRIKSMMOLMHJMQXQHPSQSQHILJHA@GYih`QFLTVZ]\ZXTTUQIIOJOVPLOOTVWYbedUEKY_`elg]W^e_UMLRSY\Z`]UWYSTU]]TQVTTRLMNTTLPXYWVOMRXW]]Z\UXUKGW`^VW[ZNQX\[XU[[T\fidgmmprk]VOMY^ZSGSVUUUTOLKV\XWS]]VQPRMJOV\_bfaYNCGOY][[RP^c[P?KUUIO\ZVWWRKGEJNMT\ZSNSSRMFT`b_ZYYQPOLQOTTIGHET]URRNWbs‹“Œ}gaVS\__[boo^RQPQ`op]NWUSVMR`c_WPT[XRJFQUYXXWVWZQ>CKDGLRRLKIPUSV\bfa_^[^`ZPFKRVSVWX^egb\UQSTLJVWUOLTKFQ[ZSHHSWSJITLIQOKGOQTT[WLRLLTRDKLFDIQSSZ^VHHUXUUQHMVSSX]^VXTNMOTVRROKJEJVXTRICVYTXSNSYVT[[TQHIQ_`VRKCGMOPUNLTROOVQJMQRSPCBT^Xg„|€„}jQT\_WTYYURNMFNROTTQKKOVWUSORTNRJINLLKKJJHFNJJY^VHKJFGNQLGU[RPRWY_]TTOQRMKOMHOSVQOQYYWQURONUPMUTWYbi_YSQRYUMYZadV[cec]IMSIFTTQIFLQSNOSOIMTXPSXUMNMD5EIU`_XXXSORUYQJRSUYOLUMIOTTUVYWSQKKUY]\QJM\deq€‚zh^\XMELV\ULRTMJFPNSWPLNQQRSLLPNLLLLMJF7ILJLQOGU[VRK?ILSSQE@GNPPSTNKOOPLLWXIBGHJUUOQTSQQSROTRB@MQWQEDHHEJMPG8GGAGIJSYWLDAB@JPFOV\^TFRX_b\RSW[[WQSXRVTTZZZVMTVY[^YR\`USRNV^]VQWbkhd\`ebbkiaZYUTRMR[ZXXXVTUZXOINTSMI]ihgd[[WTXWSQTPW][QQUSQXZPONMPTWWRDOPHLXflj^XXUQMQQY[RTRLEDDQYTJJPTIMSQOUYVOSahgbYNHEHLNGLRTX_YRQSXZMHPVX\[WUYXTTTSKILLQMLNMU]XH@HSUNDCE`g^SNOTRU\]_^ZWRSNACAHSSPGBKQTW^eaTHMMSZ^e`YVV^_\XRRRWVPX`WW_\STV[[VVNDPUWUSQNNOOSRPLUWY[XUMMRT\[[ZUWUWSQZ_YUW[YQS[^_cahnuuobVOQOJMRX[VTVN@GHO_\PGQWXVQPUVPVR[hkokcVUWLDANRQYZM@HJRZUMRTOOTSMOQTZWUWUPHHCJIFGMSXXZWZ^WPROONECJMTZROXVT^cn~…~mZLJNSU\dkocPIHORclf[YRT\RPZ\\XTSPJMNIKHHV]]\[b`SCHBAACNOOMJNQU]aefghd_``a\MRVZ[SJOY_^ZZVSUOJRSPGCEILSZ^ZSNUXQQLR]`UMQQPMSZ]XILOJKHHLUWSAASUWZ[VONRZ^`XRTUPYcge`YNJPRWTPPUXMEKKBGHFQYPNTSQSSCBWXYUNT]aVSPJP[\PU[PJSTOVVN?EQVMFK\_[Xy†‚{ƒ…zbVUYZWTRMMLHGT]]SSRLKINSZUSWZTRULIPW\[RURHMJCQXTLRTE6EJKHEKPSUXSFGPRQXYOILQIKWZSNSVVTRT]YRSTPXWWWYgkg]SZVUV^djh\OT_^a]ZXTMRVURHINSURCAA@KNIHOSOLEB?DS]bbYPROIS\[VKLPOJKT^\TSQQT\_UPXTZ^_jlbPCMZ]iw€€rb]W]SFPXYLMTVQPQQIWTKF@BBC?HZ[PJURHHF92=FLELLPWVRPJHV\`[QE=EFQWSNRSNGHMTXSKLQOSVSKLX[TPMOPKOQMLTUNDC?CFNRMFGRTUXRRXW]WPTRJLJFLRQGIOQIQXQFPWZUOPRTXZVPSX^]SQWW\ac_RU\TPPSUPMLUXLRXYY\_XOQZb_behljhjhdba\WVY`_PPXXPFU]ZRLECQULOUdong]VVZ[VMKKS[]WTNJV^\QK[TIKZWSG?KMJLT``ffe[OHADGOIFBMZWQT]]XXZ[YNQNHLVYSKSY[YWTQNHIOHDTTNONNXVT]ZRMV\YZ]YWTPQNGNPLSWLPYZQNSUVNLRVSSNHXULQOOWWT\_[^_]SMEABBKT[UJAFIPW`ZLNSSWUPY[WUKR_d_YYVPSRRY[_aXQPPT[ZVZTQV[WRPIHLJJKOWZUMP[\QMP]b_VSXXUY[UMSXROURHKMM[\[chkmmkZNSP?ASYXUMOQMMKRZYTOMPUVWONNJT`YW_bcbZY]SJJIIIY]YQSVKVaVRUQJSZYPQTRMKNSMLQIMLFLOSWOJQWXSUXXVWSMPOLOMMSUWTSPau|uhVZZ[WZ^]d`Z\YNMWaimgZYa_SX\\USRGJZ^TOPIKTVVW[baVLOGNULJSXUUVXY[\]de`[bhhf_Z_``]ZYX_b\YZPTTOOLLBBIMPUUW\ZRV[WSYUEOWRMJCFR]_WJFINUVRRVVVOCR[\[QNSXWU]_WLKRVQS^^YYTW][VUTRNVN=GMIFMLOVZXUUOEGLKMU\ccWRPIVVJFZ_TJTURUXSOTXULIOOKEV^b_ey~}|~u_XPUYVSLIS[RRZ\YUMMWXQSUXX\ZRY^YPJNZ]YRQORPFNVQNMLPCBEIPQSUSSUVNLTSIX`YORMKKKRPLUWUNFW\WX^\TPR[d^bkk`S[_coiffg`^Y[XYgjdXTX\VOH>AEIRQSQCEFNQTTUQIDAAHTZ^VHKOLNTQGDHJOPJMT[[SRVU^b\OOSQY]dkeXRTUPYarytcd`acXU^_UKJRUX\]VKHACIKMKHCLTQNXWQJGFC58FLORLPQFAJMSZ[]XNJTSNNNKLSNGIKHHGIV[WNOTSPPRXSLNVNO\WNJLNLIG??PYUQPOMCJPIQVXVNQURNFIKMFIRXYTKUYQLY^\UQMRVZWZ[UZfcYYWR\\YQQ`d_XOTQRWWNOTWUPRWSIQ`lpouwsnh_WX[^Z[WY^\TUYY[X_]MHTQQYUPV\`ippj[ST_eb^XKNPIOK9ARRMBHYUSX\WVULLPOLRUWbhg]SMLQKEFDESNEIU[VTVWXOKOTVVUX][XURQWZXLMUXTQQVXRQSRNS]]Y[]WSTUZRLS`\VTPWYMKYWQMPPQQKILQTVTVZYTNNORSXUQY[ZPMFEDG?CLQMJGJOSWZRTOPYUMPPVUUVVZa_[WGLVQON\`ZXRN?GWUZ[QLIKELVWY[XQMSVMEGKTXTTSX`\LIMSRSYUDWWOHJKEHIKU[UYffclkdUVZTORWQMLQTMJQ[_[UOIHLSVVVVPLRYVVUUYULQNIMGLILRYURRG7HKL[VFHTVUQTX\URX[PMPY[Z\\UPKEP[WY]]VLKTUQTSNMMPTURNUZh~‰†u_[[PPTW_[S_a]RRSfrqfVY][Y]\WPOIFPVQBMQQRILPRY\WPQPXXV[\ZUXY\ce]X^aY^hlda^_`ZTVUTV[YV`bXTUWVRNQXUQSSUTZ\Z\[TRZQ2IRHBJOMMNPUOFHW]WPONIOSKMUZYRR]_YZ^YJHS[ZRMQPURR\^]VQMFHB7JRSQHALLSWKMTTLEHJQZba[PECRWQINND4APURRQSOTXKEOSNRYY[[]l|‚}~ˆ…r\OT]]WJN\^SJPOLIFNW[UQSZXVTOX_ZUTVYTJMOLTMAJWWSRHDQQNLLKEPSPLONHNRMX^YYZVNMJSUTSTRROOOLINWQHLXcbacba^]Y\jlknojigc\MUdb\XUX[WRDAEFLNSXXQMUWUQROJPRMNNNV\WORPMQLGLJILOVUQTZRBQWY[XSVYSONUXUTTROQ^aepysj[SYWSZ]VKLHIEN[]TQULCINNONPPTNKSSFGBDNSSIFHKONUSIFIPTTTVSMJNNQMIKOSNJDAJMGKRXTMJIGPLIPHHQXUXWWSORUQMHFPUUTROJOKGDKOMGCGIRQGHNWTJIOKQNNSRPQPX^^][YOWXXSfyxk]VV]`RUT[b\VQQROT]Z^\VVPIOPNSWdmswt_apo]Ybc]^_]_[WUQDFMZcWBEGOX_ZUW^dcdfa[_aba\WPQYQPSNWfp~r^VXTSWNGFT[WHEUUPQSZ]\SMSONRQPOOPLIKONTXTMIINXZSHPRRTTROHHKQUJ@HQSNNW]WKHEJTROQONKHVVUTWVWWXUKNTSWWPNG@ACQQMLKGKMKSZ[YXOTXOQSSQPHHLKMQQNOMjj_TQZ^\VTUWTYcd[U]dfb`]^YUPQUZ`\V^li`W[YQV_\XPO_jrpejvzvlgc_^[QRVX_`^[[[XUSNPWTHKXiog_\hkcSOGPQC@NULGRQHNNHIQROORURG=DNTUSSLPX\_[TPUZZVPSVVOHHKOKQRRTVTFMRPJNSVZSY`XLHKPXYPNQVURSSRTSQROHPTSVXQV`eeaWNSTKKORPNF=FNNPTQHGI<=OUQSVXZWUMIOQQQUVOCLROLGKWXYXV_cRIYa_]YWa_XXOMY`]WRLQYZXTLUXNDGGGP\^WNSXXNKLPTSSXWVRU^YWXWQSSSZULGJUYVPIQWUPVZZY[WUUIT^UV\ern^M[]TQYWPLGLQPLQSUTOOJLV]ddYQSSOMHMYZW\\RLG@MQRRBEOPLP_^PACKPQPKPQVZVITUJKJMMKOJUVNHMOMF=JRQVZVK=FIJVZU\`Z\`my}|td]YY\VNOIWbaa`W\ddfec^XQXa^YNKLA>FLXab\\_]VT[ZRMPLIKMOQPLHLPZ`_ZEPbntpbSQNSZ\WTSQV^\]a_[SUZWYOAFOJJNC==@EAGHMZ`^\ZUSQNRWXUKKWWUNKGECCEMVX[ZPGLQQYYTSRYcbb_WUWUWZYTHFTQGBGQXTLQUTTWUKHUVVZWRMFKHJQRH2GRNLKIISPLMOPD>P[TQJLPKLR[a_Ok|w}ycXWTUXQJOQQINVKCV_YRPPWTIIPQNNMUWOQZRNSSRSROOY_\WVSQOPKDLUXUQNN?BPIELQVTPMQZZRLSPORNHIIQcd^UTQLZgmuwm]jkieaXanomsqlf]ZWRMHLYcf^VURKNVZXPPSSMNRLFGJRXZYY^VNOWYXSPSYZUMFONKPNOLHFDGZ_^XSRSU\_YPCHO]t~{p_XJEQXSM`kk_PV\WIJOVXRQSWZURNU[VORSQRRTMGRX^`TGJMQVRGMRQFLTTPOQMLNUWUSLILKBFLHMH?LVYTW^]SQQKX\UNKIOPNHQX]bbYMIQOKSPCHQRMNRX]VFJQMHOQLRWUL?9;HQONNMKLNQSSRUMIRZZOUVOECAMURJJPVVQ@@LLOOKMQU^c`YQUY\TKPROQT_YYR]aYJLORWRPT[\_cfejmbQITZUTPKMWafjkh`Z]_[cfb_eooiluwrrul`[`b\SPUQQZ\VRXXQQYWRZbdd^VckonkZRTOO]bYSSQSUTVPKQUXVeaVXXXYKKQIHKP[_USW[WVTOKTPIOQGISZTLRUKLUVMHPKLT[]\]]SOPPSG9HLQTQFKX[\^`]WY]]RKKNORUWQLGPTOILLLNVTNGEKIEGNPMKOUTJQXYU[WKKNRPDE>NYZWTOY_TLZ^YQSKRPOOYVZeg_`^NSZTPY[PINZ^VUYWKAFNUTOQRMLHEKFAGROTY\XQOLPPY[WQIHSRMNRUXWWUZ__afcXU[_ccY[[X_ie]XNOS]cZHPSLFHMKJKPPKLMQNCCHJHQ^a\QT[PBOOSXWUahbVHKTX[[VUQOLFDNUKHURNTVNPZ\TKBILSULNSG=A:?RPKKIGQYYSOLMNSN[pwƒul_RRT\`WQNTZ_`TW[\[cf_\WQUZ\[WQXTCOKEJLOQRJDO[[UQSVNRH5FW^_`e_K;H[dnkeXWTSPZZUMJRVROVUQTQFIJFOTQVZVWVSEO[[RLL:@NZ[ZVKNW`dcd`ZVMGMOMNVSDLUVTPQURHHXUW_]SQUOIKTTX[YTUZXTNRef_^\WYbgfepxzockqi`flld^ZYYXOPRVRSUPPQJAJG?HOIAC@IPPMRN=KKNQMFPWRIGNOTTTWZZSQSH:CKNW[VKT[WMLNVX[\XZ[UTYQbwƒ}iZTTUTZVNT`aVPPQFCDLRNU]^YSZVQXVNFHILIJU__VUQHKRVTUVLBOSNRSKJFEPWZYWOPPRTOJGIMRTPKFEOWOLW]]UROMTTORU[Y[ZZZZ_d\G[jnk]NIJLMKQXVNMQSNVYUNSMTUPLBCGJ[d`VJMLDBGXc`TTdbVLHMQQY[PKOKDGJS[[TMW\ZMDOWREGLJBRSVWMDHJLSPNNMOV[YTNNSZYQKZkvtmvt`US[]ZUXXVRPNYa[Q[dgeaZYWVT\ZZ[MTSMJOMCEMMSa_XUTVUSQKINYYZ]TBJKQSXindHZ]XY[VSLQTQPLIJQPVWXPRWRPOQUUPNLUXZRMEL\\QMUTQYb]Y[de_QIHIMT]^TLKSUUXXRYdaOGV_cb[MLPLXbbZOQUTTVTOQTJ@NOVULU`YOOMQMU]TP\^TKQUWTSTLLTSHMU^]YRNORO@ENLHR^gldk}tu~zp^RYY\cb^\[\YRQNORMXYWSW]ZRMGDQ[^caSFM^c[PTWIBS]\TONKHPSWWUSZ^WQW]UOSRRZPIKTWUJCGU^Z[\]dhb\XQSWbdhwzpc_cb`ckolhga\\YLAPSNLNPOMGFFHGHMPMEIQUOFMDKUTTMLU^YODGMY[SQS[UPUQHNRKQXVOHV_XOPSUT^_TVYUVJJh}€v]YZTRQTQLPTYTFNQIKLHYVSUVOBCLJFKOJMRPQRTUYUNQPRPKCEILMAENHHLNNKLNLJIQNILV^]SMKKKQMELSQT[QJ>GNJJKPVRIJF@EILTVKAJQVKHQSLHENSPOUXUHMUNGFKOLADbVOPYWSV[YLDCN[W[ZT\bff`V[`^PQX]SQROLYdf`YVTZUJLV_`[^_ivyviYYRMV``WRNNX`^^]YZZTZ[^d[MPYYY`aYUYVQLIOT\ec^QHOYZ[_[]^d[KKUWVXTLIOYb^URMIB@GHFOOICJSVOKRGFNZ]RALOKTUSTUUTVXOMMINPHDTVNMZ\Z_[U[XQUSLOYcf_QJGCEJGDJNJFRWQKMOKHFAJZ]WS[kplUR_a[H;GGLSY^XXZUKKGJU[\YSQMPTWLBEU^][WYWOJJJUTPTQLJOONQUUJMMR[ZUQKEN]^TNPZ^ecVLJMNWVYXRQMLUWX]ZPRNFPYUU[b`YN[grqk_VeillcZSWVPTZZQPPUXZRSOX[SROPMK@=PZ[ZTIHEDDV^\YW]^^ZOC:H^aZOOPKKJDMZZGJURE@IKLKXYSHITXYKCANRSOLRPK[bYNAKYb`VPS\ntmtujZOTZ[RXaZ[[XNX_VXgmic`WQLNYXNLGSRMEHMFFHRZa`^YXWQOPUVUQQUVYZPTSPWepwrg\]XQWUXZZYURULCJOZ^ZWWWDDJIHLQRNKV^]TLDJRVPOQNX_\QQU][OMNNSVZa^SRPNLRQSQUVRMMT[^_]TUQU]XVY[\QKRY^df\MJJNMET^YKJKT[YTGUgh_JLH<>KVTLOQQUX^VMURMLLIGPNAGZflniny||tw{oYX^aeaX^bfeUOSVQME^XVXXSIIKPTV^^RHIEQSH@HLR[_\TNNNOVSQW[TPW]YY^`^URRWXRKGBNLFLSYZTQVbjkf\KTY[amrtpod^ZQNVbfdgljeZQJINVVQMTXRD:AOSROMEHKRXWPKGLR[\XXULMSTMAIWSIN[YPLMQVWOENSSLMYRGCKQNKV^\QKQMQb|„~mVUQIF<=EIMV\VEHIPWPNQRTVNEE@=IT^]RQLNRQJPTNIGLNHJ?72:GRTMHIMSOG>KTOLMAIQOUVOLOKNSPGOSNMJCDJONS[UX\RKG\V\b_WSVZ`aZTVZ[ZQTdqunZLY^WLZ_][[TVZbc_b^TNPJMORX\]dnstuplbZOQW[`UKDJQRMPUURS^^]``UPOWZ\_cg`^`TOTRU[[UVZUQSV^fafeaRQY]ZTLFHO\\XUNFHOPIKQQTMI@>MSQPFKW\`_VGGGMSTJMX\YQ@;GMGB?@HLJENX\acbeg_RLKPTa^R@:8HNLFEGJIKNLGEEILB:9=OZ`\V_ffUM^ef_QJGJLMSWXWRMFDNTVXWQUTMSYTIHHLTZZVRQMJMTXUPOQPRWTNVYRKT\[WZ[^[NXbYNRVW[\USVROOQZ[RTURUURVYOJNNHTVOOT[[V[hpuneXOSbkcWOTUUPKZ]YUOYXIISUZWOHLUWUGLTTTSPNJEITYZ\\WV\`XKHT^`WNPOIKQQONQPQNKMKFCES]ZILFNWXMAGMOQSLLSKR`^TMRY^RGO\]Xfmuvtn\MLPQMRPW^dZHX]^dmple]QR\^VIEIQQTRLIOSPPUY`c[HOVSMWRVYMGKSVUTVWYS`nplj^QQVUQYVWZNPTC@O\b^\[`\LQPLOSRSKKU[YNPPGEPLKPTQHDBGOTVUQLIISZ][XSQRTVUVQMQVQDCMS\_^\V`\PX\\VJHKU\cbZMHY]POTTWYSGU_ZSK_gf]RRK=FOTZVLQ^gdYLRSRQIHR\WMIIN^ca]hsztx„o[`chdTN]dbZVRSPP\RVPNOTNKPQLQQZVJTZX\YMHMNX[VVVRSTSUMPZYNNLVZ^`_^VUQHIFIIMXZRNMNII\cfff`YR\cfotljjdZ\eabdhgjpmebUQPNYZRPNSRRPOOKLGABDLSVVMJGGMT]YVTMJQRKKNSZXSXVKKOSTRXTJKSPLQI>ALU[QFT\[RLS[Zgy|vdXNNPRPOTWPSWOJSV\XW_aOXYVRLKSX_\MOQILHAAJQQD>CGPOG@B>GOKGEGLOTUOSVPDAOTRQOKGEFKQOLLQWWRJJKNQU[PLURLNGBGPTUOHIIRRJU[XPKLHGJJIHOQUUSXYY\_YL<]_eeaXJTbjfVJS\a_YX`llh^agaSOZ\^b]U`if_YPXXQOSSVV[Z]agjnssi[UPPZ][TUVQMV]XMGIV[WWXSKNQU[abe]PY\TV[WZWNV[ZWON[c^aec_USTYWTUZ[cf^XUIJRQHGSRNVULBLZ^[OPV\][ZPIHKOWYQMY^WJKFFJIEDLVXPLOQSX^^dgdWFIRYUB@F?;?GKOOOKLRRLHIGQMFMHLUY[VLV[SKYdgd^_YNHHTWVPNRJFONNVSNQX\\\X[XQD=IYa[OTWTVZURKDGLNXXS]`\WXWJT\aeb]baTRUQSWW[XVPQSJTLJMRTPMQVWUTOLOUYZVVV^ddgjdb`YXfsrf[TKS\MMVTTV]bZQOVUVVWUV\]SNQME;GJMNQPHCLOLOMQUSMPVX]]ZWRMQWUKIIWVJGEGMQRTVGFNEP\_TNROGIMSTONQTXVW\\UNRW\]dmvuttl`VPSGGNNJQ_YKOWUXilif_PY\SWSKFIW]\TT[^WUYY^\JCGPRGXVWTXNKPTQNQVUP^eflkbLAAQSWUMDEWXKAOU^db`[RTVUTWWQT[c`ZST]^PJSPV[UKKIEKNINK?=CIHOYXMHTUN?ISNKPUTLIP\^\\XWXVVZXOHFD;;HY_[T^`PMPMR]e\MY]SUVY_[TQNDLWYWVQKTZYPDRWVSRMKSTPMGCM\\V[oyyx€€sea\_aa]Z\^\YUPPPU]ZPLHJRRLTZYROFOM@U][TKFOLLNIT[VONHJKQZQEICIW[W^cb_XPIBFKJSYRNQRRMS]ddfe_W`hjnromkllhhhglptspj_]ab\Y^^WNSQLNWULOTLBJHIRUNKRPLJ;GJNQQRRNONNKPXRTVTX[WXRFCA@JNUZ[SFER\ZNSWUJLRZZ_pwui]PRXXYVMVQSbcYQRYYVX\RVQJEFMNQNGNQLDFMPMIIA@IOVYTQNF:CBMJCHHHNIGMTQBKVTSUSNJGIRTUNKNYYTPOOOPQK?HIFLQVXXSOHCHJHLMCAMWVQPSTJBHH?EOU[WUX`d\UI__caTDTS`e_SM[fnk`WZ[`cdec[NFNX[chfgaUTPTXVUV[\^[TZbfhjouurd^^ZVJLUVZ[\_]UMEPTRV\VJLT[`[XXVOX^\ZYWU[UTVSWX[cb]XX_^a`XNP\^Y^^`]WVTTNQNJMQOHLRPHDL]^VRRGLLNRNKLP[b^VVWZWY\UH>FMS]fc]SNHKVXRYdg_TQIGDCFJ??HMPTQPNRPMKGCISQPORSOPVPQ\ZUUYZYVVYUUNNVWSMLAANUU\[VOTZ_db`^XLFIQ]_Zcg_TTXTID=ADKTX]ad[SRPRWYcf[WVHGPSW``\RSRPVVQONSWVWSLTXYXROHR__ZRWY]_b]Z^\WZgpqiXOVaXKWYUTVUWURUVOPW]\Y^^SQOMLOPLMSRGDLROJTXZXOGKWYYW]a]W^TQTRV^]QFGNVMJSPJIJMZd_NRTTOINTSMECQ]ZWWTPUWXW[ep}|toh]XTOKLHJIOWYPNVWdmmjbYXURV[][NSX[[UY\]RKT[]KDKKWUGRROQNJPYYOQTTPQbf]SWYQOSWYaW@CS^YJ=FR[\^VFLUWWX[VTRZ\YWVWYZURT\_XJ?;?FSZWQEEMRLJSWSJAIKP\a^QJMKKFKOTUQGT\VVWSNJIKQTUV``\[TMVVKES`_UMZ^\\`c_XPILV`d]LMMUVRWNNTVWSQOLLE@GKOUYZU`rxsrwwp^YZ]\`b_VSZSKJRPLPWNJGOXZTVXULNZa]SQPUVOPIMQNFFGNKFICHSLFNTSZXQRZ[XYXPBJMIFECHWUDHSUZcccccZajqttquwqnifsyz{vj__dcbdeed^Y\^YPRSMPUUKGMSRTYUT[XILSRTQOOJPNHCJPJLKQ`gcciigquqhSKTOLMPWYWUW[]SOQKQQM[ZQQQRYXRNMVZYUTOHHNNJFRRKJMJHC=EPTTPNUVSNLQHIWWGLSXYTKENYXTPCCOKMPOKJCGRURNMPSQRQPJKKEELOURGJHDGONBBRSKDISSSQOIGKHLH[TVUVW[ZXWRLPW_dc_[Z[UMSJU_``^]\[_ab]^[[`^[`\W`gcYWbabgnsy~~ukcZOMHOW\XSUS[`ZRS[XWZ^fihgd[ZWWae`ZZWTPPPKOSYVMJGISJBP\ZP?FUa_WPVTOIMPOSOFJMKQLRWVRW\NGIJSLB@LNPRGORIFSZTILMSSKQ`f[RUMNVXLRcgfhsul^QGFMQIADDJKKOW[Z\XQNMZ`YUWRHNLLQUY]WTT\`]RMOVVQLMUWQFKROJXac`[PMOLPRSV\^\STZURTYRMZ`_^ZVUYXNRVZTQI@MQQMMW]ZTVXWWXVQX\^]b]ULTb^RHJMPRWURUUPV\]\_X\YTV^a]\gkeULNNMLMPSPSRR^_WNWWXPHOUILV]VHMPRQOOJD@EGNY]R@JKERULK]__\LRTJLMLPKBFJISSNJCKLIPTSTVRLKR[YQTRHGMSMJPRLHGNNetxyvlaUSSLQRRPHO^a[SSZnvrdejfYUUWWWWXTVVHJX[WUUYSQUZZMIM[SSU\ccWFFMNNMX`^YYY[]^ZNHQX[`]_XSPQRSWRLMLSWZSRPTUTYVMMOFFIKMOTURWXX^^SPRNDFNNRTRLEHLSTLA=AJJMWROSPU_daX^VJOIVb]TT^d^Z[ZWW_e`XYUKHLLRSV\`a]XOMLMVWVQKMSXYTKMMFJSY^_TLPTPY^`qƒŠ‡}{xoheiIT[QLTTPWdcWQU[WXWNIJF>JSRPPYWTTSSNEORHFPVQPJDUUPKAJQLJOVXVUX``XNTWOBR]\ONQ^mwzvfaeimh_`dly~ƒ‡ƒujhghme`b_[die_USWTW[a_WPKIHC>CIHJCNPQOKGQVFM\\LQPMV[\TOMSOILW\\Y[\PJPVWM>HHOUXJESVPNRUYUK[_YcrumSFOQFDKQXVJMW\YXPINIJLY[XONSNHENWUTPQKKKEFNGEMLJMKEGFLRUXWTVZXTNGCT_]VSL6EWWZZXVTKJPV_l|{tma^ZPNRUSDNXXZ][`gkilkkb[[ZTOPUUNGHGDLQQTRKOUWVGPVNXTZYUX[YOJLVVJ?GRV][[VWWYXXXZ[XQVTSNRY_^UTRS[\YNKLKQSUMQYYZVNEBFPPPSTY]XWWQGOQNLMSULFNWYUMGQUTMMOPRKGV`c^[N@EKS[[PKKXYRT]ZWY^[XZYRNJDMXcc\W`cb^[SRY[ZSPSRNKNOJLRRNLOLIS\ZLQ^`s‡Œmjnjg\Sac\KMFJRTYP@MORWPNPSTOQWWRT\XVTV[QNPKRSRNQONPSNKNFLLNSWRMRRUX\THTTOJEHMWWZglni_afikiee^_m|~‚‡…xomijc`gic`a]ZY^c\R]geTKNWXSMIFKGFJRQMPJKSOL^`SOPKTZZXPPX]RCMVYYRDHRSSTWJGMLKPRECNTRPHERSSXUSdsrf^YZVOMNUUSX]_YTIAKQRSTUNOGJXVOKLUTMAEGPVTQXXQNSMMRTQNGOHEKUQLOODHDKWVIAFFORRQQEGMJPVYWUMCNQQQXPHONONKKRYZSKFOPPQTN@:JTUTMC?PTTNLKOQOILPTSPJY\[TW]^]WORXZY[`\PMOV^bacb]UUZaaUPbc^\Y]XO]\VSSWOW_`ios}…‚|te]`RSUQYdf_VYSQRVWW_hfcbaegbZXX^`__`[XZUO]^TVVQSUPRZZV]XL=L]_X\^VIJLLNJKTUXXUXWRXZ\_[WPKPUZUMTRUY\XSNWYWZQFJMFGMX]TGW^`cggVMRX^hiXLPMJNVVRHAKQOOUQFGM]b\^`][[UPNOPRWWWXYPQWUWUTSTWUPPMLUVVVTRNS][YXMIRPONKS_^NRaeZIIONP^`]WZWLOVTEBPZ\VMMRUYWPGBMVUPRTRTXeVQ`d\OKOOLPOLLNRQQIPXXX\\YPPZULU^ghoj^YSMWZXVUUXWRUVTQOJNMLUXRSPJMNPMQQNGDKLTac\\\URTUUUWUTTQGJUW``^YSMNTRLQWWOQ_bYOPTXZZTOJCAMTNS]X[YNCMXWNQcpw‚€rZWTSQLRRUVSUTWLPU[chi]UVTTVY[\TJSYRLOIGRX]`_VMJRYSOFNPQUZTHGRZ[VSVZ_[OSORSTQ=GWWS[_TDFLHIILOX]XRWXPPQNGIMNLORSOOV]XQHMIGLNLR[YTUYNHVWJDSWYTQIEENRMEDW_\Z]ZPKLPOZ]TRNHHMPNY`SIP\XLCNVUTXVXWXYLCHNNPZVPJMOUT]hj_SUXUKILLJOQKV`_fh^m„ˆ€ps|uige[VSX]]YVXVTZWID>[UYb`YYULMSSSQPPSSVW\^XIHSTM>GRPNOMTUPMPQMLUWY\XRLQSUXTNPG[gg__^^cffijeeefddgkx{rcYY[`cdfaUUafejopi`TPQPSPMHDIIDUaXGEKWYYN>GTRQTRMNKLXXZXVTKCNOPMAIHHMQMFILJEERVLCCO]_^``QVkw|ylZZUSVUWQT^\ORXXQKTSPLKWPGFJOJ;;LVXPMIPSNTWRPSQUTPOMJKHIKMNNPPFEMU\UQLPUQLJLUUQNIEIIJSZXNLKGUXVSMHIPUVVWWRFDAHNGHJMPHFHDPVXVUQQPKB=NVPOSD@>TQTST^`_]Y\]ZW[^[TQTRNW[ZYVTP_kkgbZWRQLMQOQWWVR^cY[dgddms{xk^_\VMQ[aXCKTWSO[ff`_``^VPRQTWWX`b[Y\[XX`c[PLHKSVV[XOPVKPVUMLTOSQUUTKJCBHNYZXWSPLQUVT\\RTTJMQUYZ`]M9EJIBCF;AHMTRHIQURTTT\b_UOYb_dg\UWQPJJPQQMMKMNOSX\XXTSSTKU``YTZ[QMEBOPQXVX^b_UOIOVWONPPOHDGUWWWTVRPUZUV\\^_YY]]\YXTOS^\UQLJ?ELJKHBFQVPLTVUPNMEHRSMMLILOZ`SMRVXVJGIJONEJPTRGHXWZ\ZYYTW[\]X`_dige[QKW[VQOTTR^c^YL@OOJHJKMSUOEHOTWRKIJGNZc^_]ZYZUNSW_`ZS?IX[WUXZYUQQVXUQUUNO\_ZVUUUTQOLQTTYZU]XQZYTVQLKN\gov„ŠƒiSVPHSTPFEMNTdhcb\\jsp_RW\TOWUPJOZ[X_`J?TXagaUQVXUQWWXYY]_XQIS[YVV^fg]SUINVSKQUXV`f_PFEIMEHHP\]RMUQVUJJGSTNLNJOUV\]XPNQNQPLJY^RPTNNUUSSTXY\\SMRSJKNOQ\^ZTQNHPW[Z[VPSTRMOKS]YLJRVURRPKKNADPV^^WRRTNLMSTKDP[[QQSWQNMPEBOPHRWZYRMSLQ^gf]ZYRORUZXPLT[ZYXPJRPJKNOQTZURWaaUZjeUNHGTZMDP[WNNZ`[LCJGFTZ[YUW^ZTOQQMORLGET[YJHRTNLJRTTUcbZCHPPVXUOEHRRWXWVW_\OUZTOOSYX\^^\SJTQJFGJSWXWREHSQMK@EMQSRRUSPMZfibddcjnkbXNSNHKLRPHJRJBEEOSXWJ=QXVVZXWW[YVTLGIPWWVQU\^XDEUYQCGSWMEMW[ZKLTNRZXLCEPSOQSRNGCDGIURNJLKDNVYVNJLOWXY]Zdt|te`_RS]`SCTYRWYUT`e_V`mme_]YOGENNHPSZ_]RKIILSU[TNSXXUVXV\^ZVTWY[ca]ZURMORXWYWQ^]PT]VFJPRURUUWVTUYW[`c[L@AJNOIHMTTPSYWQHLPPEHZZRMLW[ST]ZS\ZQKMKOIIUWMKGOVSNLOSRKIJQSNMV[ZUTWUNIQOTUOIMRVTRW[XQSVSNLUXVTUPIHHNQV[SMKPW\[WUVPKQYWRZX^uylsunf\QJW_XOMMX\[][PJNWUWGINUSMLPNPSVVOKFLNLRSMKKPZZWTWQNLTYWZ\QOU\bdhbXTTQRUXVTU_edegmkbgola]bljcfgbiled`ZVUYURWahdbdd`enodPFHHIQZWHIKSVNFIJDKNHFGFGFCOTTQWWQSUPX\XVZ[RNQTXYTIHIGOPKJMLPSRWURR\]^egloofQLOOKWYTSNJILLDBGP[TQUPUZ[]ZRO_bYQKHKMVTEAPXSNJKSSRUTKGOOLMKJNPMLJJOTTMHQRSTIIPSSKFKBENMPM@BGJDELMMNEFMOLDLVWRHFHJIJSZTTSMKKKEGRTKBQNFLNMEVSQSUZ]XPRRUTT[ba^TVee`YSOOL>LVZYWUPKRPSVTKDNXWRTVZcgkrrnmyqdhli_SVX[YXZW[^_[Wdfcbbc_XHLPLHV_RXehdaaZNUSYcje\SRR[a_TVX]`YSVMOPPROQOEPZZIHPB=IVbbUJOQNLJKLSSV_`VPY_WJKPJMTTOSYYVOGMSP[de`YSWWXWY_]WZXSTTRKKSTLHLPROLRU\`bae]NFFNPOLLJRTSVXelbWTIFKWY[`c`YOHGD>@KRSOPUSMRTMHKGLX_XTXVTQOGIPVSNOT[ZRJKY`]VXXSPSY_]\YVZRKQVNKRROPOKFAELMMPD>IOZYWVRLEMYcf]YX^gjdVQUTRNLKJLT^ZIGOVPKQPPTYZWW[WLJMGJNMDKUX_]WYcdZJLQMMPQRIEFK[^THBCLUUMGMMTZ`\OMKDGQYVONOURJOSQg{€yldaRQ_aVTZYPMPS[^XPXbigdc^PPRNVZV[ZXYUK=EKHMQOFMYVLSTNQTWXZ[VY^b_^de`ZTOXUUTTRUPRaf`TODGLFKPPSZYMJW\XQKJHONMKHQPTSVS?ETXVUQPLMUST_[SY]X[[TRPLLBJY]XPHJLGHMNRUJGBDTSRVSKRVWUSVY[ZUUSS\]UQWcgaRSWUTW^YLRRMSXUMQZYRRMIX[UORQOLRUT_daUevtlu|ra[SR[YQOOPQNXWMFEMVSGTXZRHMPQQOQPLNY\VRJFFNLJSZYWMGKUSS_b_[efglm`LHNPOPPGDN^dhirrqicosk^[fjjigedcbdbfaXVTT[irskdc[bnoj_XSSNPTSA@CALPI>?9@OQORNJGDDMPORSRNPTYWT^^YVSVZZSMNNH>EPRSSSYXWTVNGOVbgiditp`PSXW]`UNPFEPJGOUX`^TMNQOOU\^VMY`_VPMORSSUNIV_[KIRRSUTMLNRUUVTPOQTOONINRQEOZ]WKKQUVTMGOVPJIFGKLKHJLNSSFEKL@>R^^QLJHKKRXOALJEKTVPKGCKQLDD==@Xb`XY]^XJFRVWY\bab[`ic^]QMTORKUZPKPQRRWWROVXYTTVUY\^dgdfhgu{xmX^kka`\W\XVPTW]\fklaYYX]^^YVPLYZQZ_[Y[b]QVWXY^^\YPFJ\`[TUY[ZZXSTUTPHKQLMKPQLKFHINW]ULLKIKNSW`c_][SKXZTFCLRURQYb`[VSSRWWVV^``ZVUXUSTVTUQJJJMOMQPE8FTTGFTYVX^ef`PCCNRRSLHKP[_WT`]YMFMOPRZ_a_XRLIGHFJKOKIRJQ\\VONMPSTXTQVXWVLKLOSRQU\_YNNMX]\\VLIHPRLHBALRIGK[GCRQFDFOKBHJHPTKIDMURPOLFDHWb\UWY`cfaXUMNLKLGEOX]VOOKHLVYUWWYWTZZQSXULOTTPPIKW\UQWVJFEBNRMNF=LX[`_SFCEOSKMQKMXZVIHQRNPOJMPOLPRE6AMQSOKGKPKJWeuƒ€scVX\]]YRS]TNTWVY[X[```daTQPGOQQQUUXZYRMWWWSMNPMMQWVWILPRW\VSY^[V[aebYWTOOV[[SOTaliXNLHKKMNMOUXSRVWWVLFKSXXVOURPVWRQUZXPS[RDHKLLRWQQYNNRLDHSWSIQWUXOJMMX_ZW\UGJKTTNPRPJOTTRSPT[VORW`f_[Y]\VQNPSR[b[JLWQSXWRKPR[\ZQTZWNBNW[_^LXgmicelkp|iVZUZXSSQPMIMNMFNNJNLXVPLJHNWWQNRLMT[\_YKKTSKOVVTPRU[Y[_bcbikbjmke_`bbdic\\WXeiddW[cdloneZ^ljdb`WUZ\decdeWVfokjic`XZ^bdaYULMRWRC6:EJD9>>9ISOUTNNMLLLLOPRQNSYVOVWIIHNVZXMHLLCILLMPY^\RNLF;IVbjljitzr_WROU_[VM?6HH>>HOSTPIMMKJQSRLL\c\UTUPHDHQQGIII?CORMRPKJQY]^WQMEKTPLPQUUPNJRRLMSTPORMIPUQJMPMOHADLRRWZYUVRLLRY]XUSONKLWYTRMHLVYTBB>@LGB=EPSOkjZPQ[ZOV`ZSSUY\[]X]]Y\^]]XTSTUJHV[WWWZXZ\^_YNTUW_\Wac[_ckz‰‹{d_lkeba^[]WTQQTZcc_WTSVWXXYYV[^][XS_^_aZXYUSU[^XN@?LLTTTVRTWYSQOTSWRPSTSMMKJGKGCHNQMPQHGCIY_`^]Z]ZTSRMJPPU][X^aWQTTQUYXWQTZ]]YRNMNNU]WNDFJQWVNHOGGLQRQUZUVWQW`^PKKLMNJPSILY^_ZSWYMETULIPTVXXWRONOIGOTONOMWUMCGHNVVVRTNJNWZWNQSMGHPW\\ZQMVW_c\SPL@HRV]cYPP[hg]\a\IDPUTIIOSVOJKKJFCEQVUPNMNOOLLBN\[PFILRWYTKJPTSQHPV\]VMSPWba\RJIHOPFIMKOSOBIKMMOJCIFLNIOTRNT_aZSLQWNKWiroklgenlfe_WPTWKLPMQSVSPMPQHMWUOT[][ODD?GPTZ[PADLMSIGJRZVOJFRTKNPBGSPAHRLEOODIMJKTZWMCHFPZXRGFLPMISRIHLRKAHRQLQT\hw€t\QUPMSTW^\ZRFLRNOW[`afa[^ZWSUTVVMKQSV\^\XZ\YNOWTQQRT]cegcYSQSS^dimfXLNJNTWRKNUWYVRMA=IJHLKJT[bhecc^SHLWUPV[QNTLNUSWVQV[YPMPOQSS[_Z]be_WUSS^\MGPPJMPIJZ_YRRXY_gd[TJLNOKOU\XZ^_^][UVWTRRTTMMSYYZ]ZXQGCJQKRVSLLVWWUQGOURSIMRKHRX[el{‚zspwvpcUaibWNDJSTTUQHINSZXFHIPVUONNKGUZXMMRQOMRPIMUQTXVRJK`fgfggf\U^`^\flh_`hifa`cgcfedklnu{xj^^clnmdY]^YX\]^XMUZaW_fhldW^cb\ZVQEEMNJIHCGRVSJGQJHIGS[[XNMUSJNQQNQTRRQSNMLFKW[[VSPQVTTPFIRVRT[`XOKWbbgormbYTWWY[XNOURJIMOOBHNOPNDOS]YVUZZPFMRMLKMMUSIELMEIQJKOZ\SVYXZYSXYVSSQRWWWMG>:?FMQUOOXUNNKEFNVWR[ef_TVXTWZWLAEGQTSQLCNQKJOV]YPRVVTJ@HJJFCIHEEˆyjURX_YXSSW][Y[XPIKOSSLT\]Ybcbpph`TZf^UYVZaca_[QNX`ceedcfl’•‹s`hic\Z_b^ZTUVZWKLYZ\^XQV^a_]^YTMUab^S\lpjdb^TT[XQLQRDIKKGQ]_RHRRRXUSZUJNNNTSF@LVWXXPNHIMX^]RJ]fb[Y\[U\d^TQUYUOPUYRKTUPRMMNTRLUWNINNJGGIX`]MBPUOMIIMPYZPMSbif`ZMDLOTUY`aWT_\QLTSMIGJLKJLUVUNNMKHIPSJMMD9;AFKPT`bUCDTae`WUVUWY]XQJKMLQ\\[[TNNSIHNQLMVWSPRSQFIPRSQHLKC;>EPQQRSXUTVQPSVU`jmmqncab`\YNPKJLNOQ[d`VTSOGA?Q\URW[[PLQPPTVTROJIKWabUNKTSROMPMGKMTTMKIBKLIRMLQOMRWVSM=ELGFHFFEPXULKPONCFSSOTYOJU]biq|}mXNRQRY]]_^\UMMJCQWSaptj_YPJVWNTQLNTS^]YXZ^YRLJKLT\^VbbWLHMQY[]^eg^LLLMOV[YMQUSR[ZLIQKKKJGNPUhrpfYQOPTTNZ_YKLQMMRVXSHENQKKLPQQRNQVXdlfXRNSWOKUUNTVSLSXZWNTXV]\ZVPLU^]NKHIOPNOVUVWWYXSSTPJU`aZSQUQROJMJSXRORQRX^]MMSQVZ\]]YNOR^fv‚‚zpw~wgVXVQJEFGNRTVQ?9JOSQJOOWZTS[[QKX\\TPYZNPZXRKPNM]fbY[\`Zgqqjbbchidakne]fnoic`ZZbb[jpohhid^bjoturjke[UP]b``b_[[Z^gijgdcYRRX[UINUPGCNNJPLKLUQIG7ANRSUNILNLTWSOMRVPLQ[ZOMSVVRMIKPUUQICELEELSYPGFX]\ZhsujZOMPXQHKY\SLPPKEKOSNIKGOPQOU^]UTTNCABEHDKLFFH@ADAGSZ[SQWV[[PJLST[_WOQQLFQTPNQRVXKIPHENOC:JWYUW\^ZSTZ`[SLJJFNURMOPKMQQSQRNJLPSSOFPNILRKBCEF…vf[NOTYVW[[VT\aYJFTTZbc^\Zgfgmohd`\c\NMTXUV[\\ZUSbf_\YTcdfw‡ˆ~o_cfb]a_WYZVRX]ZVWacb`^XZ_``YOPSNXb^WS`kkdecT[_WUXXWJWOKNGP[YNPWST\a_YRLOKNVTOKRYW]a[QD9LZZRCUafbZ]d^Y^[YXW\a]Z]]ZX[WTVSPPGOVZVPBBKPOGES^\XPOWVOQSLQXXNU\^gkf^PI?CJLP_b[RQVSOV^]UCHQUVQVUNPOQOJEOYOHNHC?DMQVPW_ZLN\hmjYUWWZ]]b\ICNTZZVTXTHHMIFOTRJNYYSHMTUMOZ^YSRNSWPKIHQ\ZMIOXVMGOPIPOWhmdZUacZSPUSPNBGQ[`[VQMEEMKHUYXXXXVQNPVVYUSOPW[[ZXSIHOUTMWTDGNWWRMHKKIMUPNOLP[YVMHHOUPDCEHDDSVKCFOTQKD?HMNKJJNZ`j{yaTW\PHN[YZQOMHFEGLOZjpk]UPLTXXWVPP]^]YTRS[ZOGGHENY]]VGVMIVXRV\`hig\TDMMNRYZVQUSBKQGRXQGEGHJKL^iniXROR[XHLY^UHCT[URVXYXUMNQMRZ[THINKYhlbTMLMMNPRUUOKLS\baUT]ZV^]WWOQ[aXRTTQQSNRRTYYYXZVSUUR]daXTVTIOSZWSUSOJPPOOTUTUWTVX\]ZUW\himu…}r}…‚rg]SPPVUMIOTYRFEKMPRPL[WOOWUSVYVXST[UTX[YRMJO[inmkc^WZdjnpmnjb`bgmj`[]eghhc^eifipmcZ]_^bkrnijfgmighfddfhe_XOUZ]XY\^YOLJNHAHKKHGNOKOPQOOKGKHADDAFKHFGPSUOEEHPTLETWQTTJFNNHOQQPSPIP[WRPMQVXVS[``bnqqohUQTSFPZ^]SKONKQLIJBIKLQLKTY^[VWQNLE;=AJNPPUTNMEFUYWUX\TNUTMNUWSUTQTQILNXWHOOMPIANUXQLJHHLPJLSZTSUTTXWMLPPQ\ddYR[ettja\[SMR[`\NDBFQMGC@LMMLHRFNS\___\VLOJC;8FPX_^XVUFOQFIMQRMN\ZTXXNGNOSZTPSSSLILTTYSNNLIE@>OSOOQLKPZ[SEJTRQSTRMJOHAAIOQJ>HBBNRSRMHBCFNLNTRG>?‡ud\ac\`d]PQ[^`^YY[VUYZ^^`ejkke\U^`[TW[YXVXQ@KV[ZULQPX[SJY`m†n`ZW`a[NMPRW`hd^TDW^QEV_`^YUW]`_\[d\MKNYde\SVYVEIQKDKMT]]WRRR[`WMKQX[YONWWPOOKPSV^]TLLIHQWSIOaf`TRRPFDQYYV\WLKQ\^^`b^YQPSWY`a\YPMMJLPPSXQHISOLRY[ZZ[]_\XWSQOSUW\URKJNWYTLGPQKUWSQSQKJGLOKKNMOSTWXUURMRVXTTOKNPSVUZ_YVW]e`ZY\ZSWdd`UOQLKSSZTAGNW[XYWPRQNPOMTUVWUSULO\XONVYTORWQCCY^WUUYUZ]_cmpj][`]SLMLNY[SNLIJSSTRQLJHOWTQMQSPJKOPW^eg_OJIDHTSMH>>LWOU[WQTXVXVPHHLOOVYNFRNIKOUVTVTRLNQTOOOEGKNXTQQVSbln}Š„q\RKMRSIIU\`]UMHLRRZ\YWRNQSSWUHQSOTUOQTWYU[`]UIQWROLORLW^UMUWTV_kjZMNSXXVRNKPTOOTPKOXUKVVQQMPTVVW`gc`ZXXWLPUSQQSJ>IJQXTVTNRSUTSWadb[X^^\SNROQNEOWU[^\VU`aWMVVTYZZ[YUZWSWNPRQTUOJV^^^[[YSPPT[ZWXYZTTSLJMQ@AQSNU_XSWVSPSPKNTWRZZ_h^[mƒxisxo\[[X[\`]Q[WQ\_^WLV^YXVRGMILRNPOJOWXMJRW^_enso_Y^dfdccc^Xchfghkttnhbaed]fkijhgcaeda[[mtqicbc`^__ahi`_fecZ\TSUUTSOK@=CGJBCENWZVTSKBC>3}wvka`^[UKFFQQV[aa\VTW\`[WX][Xac`_R[daaaTJRYfiig]TW]djdUSQQ^tƒ‡|cFXXWX]b]TYUGLVOKXacXMU^``YZWNU^eefc^VN`fjpmbYZ\UOWRYWMNW`^^^ZXRU\^[MNROLSYXW[YUXVS\b`_ba_YPLP_`UGKOOJHLNT\XUQLNYabZTWYUUWUVZWQWXSQRYYRY`[YVRNGIUVWW_[ZYVMNNRVQLGAJU]`YXVRVeh_NKNRQIFJLRXOEECSa`XWTQVUSTTQRWUQTRZc`_a_YUTSPW^[XX[YNKTUSOPVSUYTIIT_]TMJTOPa`df]SSQTTOLPPQHMWSRSLHQTPORT]ghhjfgii^JHHNOSXYXZYQIIMR]b]RLFLQLKOTYXQPV[]^WRVTXSNIJOMMHILSQMOT[ZVX__ZULOHHEBFIHIGRRNKMVXSOLMTTKHQRNPUTQPLTXbfxˆŠ{d\]ZUGKPQNJUWXWWRRVVNKNSQTRSSWXSQVXTWZWKJPWZ\SQSWZWUPSUS^]_eh`]WSQIJMRXX[[MCFGNSVYZSOOKC3BNLJOHXimdioeZXRNOWVOKXd_S\S9GOSPO[d`ZZNP[`YURRJGDJKHGQKKUPP\cd^WVUQPLNLNMNTVSU]YWSRNHDLOINVXTNNSU\\c`SKKLENUYTPRV\[VX[[UPNFHXXNPX[^fmj^jwyx‡Š|mcWSOOMTVJS[WPMSOKQMFMKMRY\[^ZMLOUPHEKX`aabcehd_dhhklmiffcfidce^m€vh_[W^cb_ZXNUaknkkfbjqrme^hstrof[TQX^c]\KKH5EJHD;C;BLOOPTQRLDOPLJFHNKJPVYXROSRNRWRJFFNSTXVER_^WPQXPJIJLNQODJPRRPMKOUPVZWZYXV[jvveVOMQSUZ[c_ROW\RLPNFDFDAKW^b^VOKNNNOQIE:[aWROU[[SMSTOPEM[]^emfYWROUNIIGJBEQOHGOV\SFGEBEFIPWTIEU^ee[VYVTTLFGLOSROCFPUXWVVUZ__YYVTTKAEKOQYXUPMMQOSUZPLVYPKHHA>FPXZQMYbjgqzxsj`WQNMVWTUYZUNMVTKMNNNPTTOPWYYRKIRYZWSPNTW[[TPY[\]\\ZYYWS]gb[WTTURNJW_dcXRODBEIRWURPQPC=KOQRJF]aV_nobcbYSWYRLILQIHHHJKJHQUZ^WKDLTSW]WQXSJIPOFHRYTSWX^c`UNQLRZXSNIHTVQTXVY^]UGDIPS[cca]\XXUT\[RPQRKFDFHKNU\^`_\ZXTRONSWLFQZY[cjgcktx‡Ž‹yc`c[PNMVWPLSUUOSQGU_YWNSQTXXYZ[RHMOOUYX[YVZZcoti__\_innigffjfllghx‚~qc]^aa`deadffkjebbbirrkd]Ydklmpmgc]cc`WEDRPRLEJHE@;?KSPQOUP?7D?FJKLPSONSOHISSQPMJJH?AOVYXMIOSTOJRTWOLTVVVSRRRSRNJNRPNQRX]_`^`gmg_UNRSTUWYYRCDQIGJKTUTNDPTY]`]XQRUOGCFTUHKZXQQQHMPKFIPPPQSQMOLECIQQOUYONROJO[be^MMQONNKFRTGESZZULV\\[XUUONMQTPPKGCD@BRTQORRNLMMLOLFLLLJE?KowwoeZ\caY\\USKNOU^`[YZVOUahc_fhd\T[caabZ_bafe]WSX\WQX_``hlit~ƒ„sW^aacfeaUQVRNJJQNPVRRX[Za^OYeb^`a[YOKSW]YXhl`X\XPJMKBGQOKNQVRQSXXTZ^\VJPRW]ZSSXW[SWa]YXOQLOS\ebVRVSSXWSJOUUTVW]`cc[TJRWVVZXSPDNYWXXQKCGMONXWNPWUTX`]YYVTLJVTSOLMPRY_]PJNY_ZWSJY`ZZX[^VSZYTMJHKT_`XUW^]TMKV\b]WUXX[^ZQJIOW[ZbgZTRLMSSLKUUVOJLLFEMWZRJQWVQ`bYRRWXY[ZLJOSLHVTPKLTTLCTYTLR^hgbVNZabVOTQGRROMJOUSSRKEGHJHJRMBGQNOPRXX[TU\_ZXQMGDIQVWKBGPVTQRU]^TVX\_c`RDBILOIMNGDNS[feZRPMHLOQSOISZYSNWbfdalwzteVLJRZSGOWWRMU^^R?FKKPXWQQQUVTZ`ba`_ZSPSX\\WV_YWZPYWOKHHQXWW_`\\YZSIBPYMOE@KJGOLMMLDOZao€ˆ„x`Q]`ZJVYVQQPNOHIQVRRUHFNRXTP[_\[YVMFIHOURPVVTX][VTQZ]a]]_[\XI956AKGF=HUTOPTZUFJKNMLKLIKGBGFHHDLILPSmvvnbWSQUUXRINSMKIJJFJUXUZba^]ZRUYWWTTU\][WNVc_\ZZ`gcWVTSU[_]QQX`caabXNKNTTQLFTYXX__XWJ@MUSLQRRYYX__[YSMW[VWQLQPQVVYUSW\\[Z]Zfxzw}ƒrlg_\ce[NQ[ZTMQOIQRRNAEPSOMZUNRNKOUVONV]`adhnmghgejolcappke^aa^XSZXYZRS]dhh]^oxnZ]``abgkmleei_SZefggcbZPJCGPY[SRRDHOIJQRTUFEHHQXTPPSOKJOVNIGMLJICFEAGIDTWTUOMQPHLYXTIOVRRONRVXOMPORVZXNMMJJMUZhusgcpxvkUPTQRT\b]QKKIGQ[[XV[`OMNPSSVSLTUHITWXTLJIHJNRWXMNOHPONJMNN@FNPNUVPLCGTZ\`[QGFERUPOKKQKGMPTNORPJOTMHMMJMMHAJPMPQKJNMFEE@JNGGNKJMQQSLCANr‚xld_a_cgg`TSWV^dlkfaaRNRS[ejga^YXSLYYRUMHX\UNQN\hhdceca]^ksrxyyraY_ZW]XVZWSW]^XWVWW]fje\ZVLOUSYb[Q[\]abZUaosn`ORYXQSSOQMMQYRU[\UW][OT]a`XQKKUVQPNQ\WJNMMTVSRUZ[SNQSSOUYUTXadb`[TLHFA>JKKY`aa`W]b_RLTSLKNOFHaqpdROXgldXVKDIIIJTZ\URP\c^^cd\OS^cb]`\VTPPNKSWXYSNSZURTWYTTJIMPPNZ]YUPVWSSTNO\\XZ`[VXUUUTSPR[XMJV[TPQSTRZZWXZSLKPPOKEUa`ZQLINWNKTRPOMJFS]Z_a[Tdnk`]WST[^VPLJRMPTSXSJPW]a^XTWYXQLMLIFPSTUTOVWPKMUZ\YULGGRZ\UMOMTY[[VHLUMJQNKLNSPPXXSTPO[TAHOSRORPIEGMR^djy„ˆ„sXW`_TX_[TQIIOURQPPW\UKBLQRTYSQSMKOOFDNZZMMWWOLPTZTLNORUba]VL=?C>FPSMISTH@@SZWURKJNEKMLGKNJAFTYPOGKZits]RQCCOVZWUOLMOLQPQTRRRVY[[ZULP[b`SLQRSVKO\^ZVYdieXGBLPVYZUONW`fgd_XTTUQKOHCIPRY\_cfec[U\aZVXX\c]IKZZX]ZKLT\VJRVSU\X[__YWX[pz{y}…„ylbab\SNOY[THFIGNUWXTNQWYWTXXPLFDGQ[YUYcdlxsmkdglosuum]hljlc`msqebaX[_edajpldq{ylc]ab``^_da]`a^Z_fhc]``ZTLOVY^\XVP?EKJNPHHAKL?J\ZMFGNKHLRKGHIMWZUNLMSOLLQLFLJQF9;OVTTUXPOSRQTWQLKKLPYXUOKFDHU[_hspa\o€ƒvYGLTOAAOTNKRQMY`YRT\]OUQSMMLKMIGMSWTNJKILQOTZYUVLLMCGOOC7?JKJVXQGJFNRSUOIIMMPXUNMNRNJKQSOPVYWRONKOMFIBHLLQTQPKFFFHMLEJPILLJPQMOME;;EJvuz}wmXTY]adaWQPQKQ_c^\\XPV[^^`df`YWWZc^VVZ[bgfd[SV_caa\acaa\_mv}€yj]VWZUW\YWTQY[VYPSZNVceWRSRSTUW^`]b`YZ^\TRetyraQX\[^^XQRSUUUZ^\Z\\XZ`c^QCJPQMRTRU_\RKF<=IQXWVWVWSKQTX\WPNXb_\UJJOQIBMRMSWYZ`\Z`aYQT[ZUOHQRT`ilcSV]d[ORTUWQJNSYWTVPO[_ZXVLMSW[YX\`a_YSQQ]\SSROLRZYV[^\VSU\VOHV\\[Y[\UTXXRUYQUad^ZYX_[OIOZXLIJTQJPWYPQZYVVW]XKEMQNOVZXW_\NUTHDPX[XQJQ]^\]b_W[^c]PMRW_XMJFFHMKN\]VSUUUWXX[WOMOTYRROMRRQHKRTNJU^]\VMHHRXXVWXX`]WXVPKUUOMFNWUOLQ[ZYPLKRP@CMOJLKJBGNFF[_[gu}|vfT`eb]Y[\YOJOPQPMNX\YRI@KOQVSJLOEGHHKJRWSKJQQLEQ[[]eid`^][YTGGJJJJOTW^\XPMV\^cdYLQKKPPKNPLGAPSHFLHNbqtfWUOHFQUVUTYYJARZZZ\ZPRVVUSSPMN[`WQTJELKSTSQPT_ff_Y``ZUVWONUXSVTRUSVYXTJQWJJSXVSZ^gpocSXb[OIELV^VINTSQTSRX\XPNNOSW_``b]]bceejnq}ŠŠ|heeWOPRVWMLIFKKWZ]ZWYTXXSKGKOOTRGRZWYclrtpfbfloiefij\_cfqtsvzznaa\agef[^mliipqkfeieYPXY[a`VT]hhii_XTVX\ZRRXa`[VUQHKEQTPF@IRKGSTIOPGEMMQSRRNMSZYUJAJMMGIGFHEHNKHHSRRTOLRXTHAFSWWUVUVNNTSRQTV_c_joi\Wo~}iQFDJOLHEHNMPYZYYUURV[URMHAGMKILMNQJDPSKFOMAEIWY[[WIFRVN;57GSPV^`c[OU]]VJJU`[OVVQIECJMU[[UKSQX\WUY`]V\`dcXKLSRTXa^TMKJCNVUTRTWWVSQVUEOXQGENRWRQXabYRNINRTNOMDJKECRZSKVXQQTZQRTNLLMSWPSOKPU[VBEKKGJILVRSXY]\[hlnmkfb\WVXVVSFEHOOGIQVWVVNIMUY[PGRRLKLTMLUOHGCMQOJKVaeaVNTVRWYRMDDGECQUPSRIONORJHIGSYSIOUPILOSTRNIF>LSWRQVelx|eVSYWJKNMTWVWZXPOLDNTNMILX]\YWVY[`_VYWHNPR[^YSYd`]_aed`ef]WWRKDBAEWdgga`]Z`aca]XQKMMGJMPW]YSVVQRW\ik`QHIKS]YOJJQNPXYNELOY]]YXN@MVPQVZZ[TMKQPHRXXZV^^RORSMQSKSXSS[_Q8RXWZ]YUQNY_\WTSOOMYbYHLSUY\RQURLONOSWTNOSX^ZOKMKMUSMV[\^cbdcpwuuˆ“vidXSNPWVU]YUSQOJUXDFQRNNUVJOc`TQZcjhadc^abdhfa]blgee`UVbbbcU^eaYiuqmrpkjijfXZZ_ba_ZX]][_cb][]gkgeji]Z[\[bgbVLRUXXVXZSMIKPOHHGDKZ^TQQXULQYUWVIAPWLGLQRLKMSTPQUZYPQVVOMTX[ZXWXQSQOKIJLUb^TUXSLQY`ehhimsun\MSQQLQZUPTTNQQPS[lm`OGBJRUVNKMOUUTOPUQPMNL@BPUQLNRJFIKNTRKJPXXKCLSXSMJHPW[YVXYUMQYWUPAJLLXRIOWXPMSWTRVZWILPSTPKJQUUONQJDCGRVUPPPSPIIƒ}{€zgRcfd`[]\Y[egjleXKNX[_acd]QKOVcfaUPV[aha[\RMW\`cccbab``gs{{od[\^fh]WWKS``[[\[ZTTVXXYbaXVTOTZUUYWZa`XZXWcrxr^OTXdd[UQOYUKR[_\Yaec\XTIGVZSMO\ce[V[TNVXWWTSYZULGHFIJOZYJHLJHOPQTNLOQ[c^TKGHVXPQQVVLOPIBQUOWafb[WTR\ZSTTWMCKVXSCGJGPZ`ZWTSZYJIQTPZdgcUPNPX]_`_XSJOSS\]XVVTTWWLMVUWZVVPMORVRRYa`YOORUMHQSIFMKILTQNUYUKOU[UVTFALW][TMHGKNQQQS[]REJP?BUVW[bkpqllmkb[Y^ZVZWNLKIHNSSQKHTX]XRSVKJHDHPXSDJVWVQORRVTMPZ^VMOQJEGKPRKA@ANUMOLFJOEMPJGCMQC@NXXPHNUNIPOPIHOWZSU\hs~€uh^X\YXTMWVSTS\[RPNOTUSSVWUXUSTRR[dc^[SNJIJPQLJZed`bcdf`U_]__YSLIJFIWcfXNVTIPV^^TPRRTRIGGOZZTUYOIMVZ\^^TKJENTSJFPML[cYKROXd_OKOJ?JSRMOSTROOW[[_a]RKT[UTSWZ\bb[VQPQUTGITTTX_VFIXYTXYVUYSMWXSJDN\dca_ZUTWYVXVRMSZ_[QONNMPQKXa\TW\_gjmifr‹“‹u^Z[`[SXVSKIPRPQRRPZ`XLRUQMZcbTHJTbdfb\_dlrnfelkmnng[GU_bhhb_^VYhjejilmbXefgaY`ggfacknmm`Xddcejklgei^MV`fc\ZWWZZXSSVUQGGHCOTUWXXOMLUWUTPOW[SONMUYTNNT[Z[\ZWWS\`a]]aWTUQX_^WPVWYXWXWZZWVT[]\``^WQNPYVPSNMLFKQV^a]ZacbijbTTSPPTRHIGFMURKCDKLJ=IUVVRSQLMRVVKPTQOOP\`ZSMIMT\ZXTRWXSMQWZQGJKHHLROC;EPQFFTYUR[\YSRRMJKSYQOOMROKOXYcw~yl]NL^ZR[\XQNVXXUNKGHNWZ``[SNTOMQLFHFFKV^[Y]UKEKTT\aa^]aggkf`[[MORNRUSWXXQOROLW\[YSMICAEPQRXYNJLPR_ipohZHECMPNPSNSNOLFHLRWVXYSVRRWVKQTQUHKOHALVYSDEITab]UT^a][WUTTQPW^XTXUQTQDFLMNCGMS][Z^XQOLSWW\Y^\XX^\ZTSXZRMQTLR\[QQTYSMTYX]^adbbv|q]RY[bfa\[XWSPY\\ZRPNP[VMSZUVWROVV]d^WWbhosrmjjjfc_^^_X\fimoljfdcab]a`a^dmcRPZaada^``\Yff^^ehlkjfdffgeUFKRTTSSSWTMQQJFEBOWYTOROIGMSUQICKNPOIKOQSPICCNOPJCOTUTOHEFMMR[XROLGHNPN\_WTZRILKD@FOU[Z_c`hrsjcimlcTYSGHMRRTQKLMPVbjg`WTPKTTXXOABJDCNPGJLFBJTVKDL[[TMMLNNQPRTPTRNSZVHAEIPMHOJEGGLIOWJGIORQQSU[YOQVWSPOIPPIFPXVLINOTRMOJJEHJKTWMNQNQOJI`m~‹Ž‡vtpohe_\fg\Ybb___ZWWZWPIFTWYX[TPVUHTWNEELRWZX\adc^`fbZQY]j}‰†r]a`_[bd`YWRGQWVU\_]UUSW_bbd[KPTTY_`^MLT[][Xcjoyve[bQDU`_[T\]ULTWXSR]a]QI[b[TY\[VMSPPTROKY^RKSSGISOLVYTVWODRUPPZWTWUUQNW_`WWVUYVTSQVVTUY[WS`d\`llccfd]TRPQW`d`[WFKY_ZVdf^]abYRX[QKSRTPPTT]b[PJPTVSYZTRTTTRTUSMMMLV^^VRPQVTPRSWYUXVNPNOWVTURMRSMMUWTPOUQNUUY]XXTNQY[YX\XSONNNNHMQRSQQMS_^[VUbhfknbQTTPMNLKSNIKFA8DIHJKGQUVPOLBSb`Q=IWXWFMXa`YXSPOSROMOW^ZMS[]QAADRUSLCC@DNTVSJRUNU_\NHQMH<>DKTYYVSRU]]\jvƒˆ{fXY]^_]SPPNSZ[YWPNNTYa^XUTWI:EGAKPQLCUXY_^VNLRX^a`^b_drrj_\XF>KPTUY][QMX`^TQNPOTYRPUUK?DHMONNPQ`jquui^BNSTYWOQROUTSSQNK>EMPMKV\YNU^]SSWQE?NVXSJSY][Y[TT]\[[UVZYQQUUNPSNLNRLFNQKIQSXXVYQNQOUZZZTUS[_[YRKINDIPKRZ^]VJP\^VMQYWVU^ilcauƒ…wea^[da\b_UKILVZXWTLIQQMT[VV^_YRLI[eb_X_iikjggorormb^Yantnjjjfcehi]OW_\ZikWLadc]^eosnaY`binmkhfjjnngab\WWWURKPUUSOLQMDDGIOWWRL?8COXTNEHOPLPQRQSMMQEHNOLIQKNVUJCDDHAMWTVXUJEPPRYZ]]XMPXZTQLSVVTWZ^jwwhVaksnf]SIGDHLY\WTNJP^_[ZXWMOLFKQNBCDGQTQOOHHVab\KNY]YWSQVR?BOTT\\SLLPMIHGNMGNOLMIHKFJPMKEJMQX``YOSTSRNRRMOOJGRYTCKQSPRVTMGHL?FQPJQPPHID?mxŠ–˜Œzokhd_S`idVTYYY\]Zei`TNT\TSVW\][UKETSGMRUX\]\[\WN[`_YYYVN_qxr`^b^^bed]UTTRSSWZ[TSRPPQX`aa_``\W]aZOMRX`fhibZivvnaUPUSSPFT[UWRTTSRX\XVRT][Y\YUOLRWVRTOKR[]ZUOKNQPLRRPLJCNVVDEPUVVRRRSWWVY[XTSSTPCS^aYUPMOQY\TVb^TQV_`^VNOW^VLJKMOTY]\`ZVYYYUVVUTWXWWYZVZ[NIV[aeaZ[YOGMPINYYOIIMORZ]XU[`\VZ[WRRTVVTZVNHKOJHOWQCHQPOTRNNPTVSQMMIQZ`ZYX\[TDHPKFKSXRTRJPTSV][\_\blj_ZXTJQSGGHEKPHDGPONOMMPUQKJHX]YSNTY^_YNW][XWZ]UE?COWVPJLJU\WJIF?RX[XLDJQKHJXYSSU\XQMRLKIIH7CTZZVOPTWYekyŠˆwc_^^a[LOSPOPPQQPQUUV[WNQXXOHLD>NXX^VLQRV\]TUWUZ^ZZ\UYerpj\UUUVRMIG]gbYZ[XWUQQLHTZVNRMFMUVTORZOJYanx„†uROQVUQJLLLORVTOGGOOIIT^ZUJN\^QDPUSOVXWUSVWXROUYRT[ehcSU\YZXPNHLQNU[[VUSWWRVRQPNSSVRRUQRUQLPVUWUMLOLILKMRQSSKIV\YVQVZUZehcgho€ˆƒn\\ZYVNaijd[PLNRPHQVTSX]UTT]c]MMPITgpoifbbddbegq€€n_^ahjbbgkeed`hiY^hh\[[Z[aWTdmqsmlkc[cgkkikh_[frqfbeb[Y^\SKTRLILNIDFOONXXRRLDLMPNOUOOMKQTPR[YPVRJMPOHJFHSTOJNSRNLRPMOUPDIQW\[XQQFISQRRPJMJEHLPWerrbVdosndZSNSVSW]YQPQSRHKVRQWUOJKONNQNKOWY[XQIL\fe^Z[WX`]XZSDCNPNSXREISVUZVPIEHQQNLHFFGGJIFNXVW_`XQRQNPQPFBCMSODMOACJNKLRXVNHLNOQOKPQQMJGECpq}„ˆ…zxuph`_eb\Y^]Y\ZYagcZT\c`]WX^[WSI??EHMSZZYXUWVWZa`XRWVX_eelvuoh][[]]RIJNPNRQNMQQSSJRYSBQVVbdc]VUX[X[cehjaY]gq{}vg]WTTPV]`XPOSSST[XSOHJNZba]TTSQONVYSTWY^]TPNPMHIFERRSQRQGIFKW^]YXZ\UO[`SIHNUYTVYWQQVSMNSZXMWVORU[bgcZYQQVYTRTPOXb`XQONIKSPPURP\[SVacaXOMPXdig_TQRMQTLNURMLMRYTPTXW\baWX_]UPRX`ZW[WURMMOSZ[VRUPNRROQPPV[UTPQX_`ZONNUVIPWZTLPTPKHIV\RQWVPSVWad\[[YQHMKOLCGOBNTVYTM=:DMRUMGU^[TSPSVZ[W\``XSTYXLSSSZ[VX]TMVXUSNIOVRWXPPVRQFOUPQQQUSOQQMKORQKHNQQKKMRRaos}ƒ}m\ZWSYWYWMMMLQTWXXXZXTRT\^WRSONQXUY\QSWTRZXV\[_ig^RPQU_mkaTPYYUPLDSbc]]VE>RYWRLOOSNHGGMZa[QLZUBT_]o‡“uZNUXSNSSSRPRORRQPPPBL\bZTTY[UIAJYYSURQTYYZ\Z[_[UXYeh^LS[``[YTF>GW`^VQSY`a^ZYWJLRPIKPSSULCKPLNPSPLKPSY\UCNTWNJNTULU\WU`d]^dal~ƒ~vja`\Tbkkd_[YSNMNMQXX\ieWWX`_UONHNfstkcaddbbfc`lsokhpqmdcjhcdfckqbP\aahfea]XSbgjsvqqnadlieeejh]bjkid`aX[^\ZQKPMDMSROCJPT^^NPVB@HGGIVXTQP[WMINQKRQB@HRURNJQNGKKNOHNWSIMUSMMKRX]\UX_aYTQMOUXWSLKP]cltwoajuuiYISXWSPRUTOPSYYRZ`^[WKLHGPZZTPLUVTTQFBFW^Z[VRKUWRTVNPOKNMSWSKVZWWTROPQMJKNND:=@ECDOXTJININV^]ZTQJENOMQSTPFDHNLEDLQOMQSIDHPWSLEBIIKPcehx……†ukb[X^^ZZ\ZTTSNW]ZUZZY[XYWKOMF<>JTWTIIUYVOGOTVYXOPRY\dgo|‚zm[RSUVOMMTTVTRZWSTYRNTULPTMZiodTKRWYTTS[b]Wa^fv‚…{fYZTNV`db]JHWWNXWNRQJP`jjd\[SJMRWYUQXVRRQNMORSZXIKYXWWOFNVROSYSQMTWS[^SMNMPQV^^XI8DKHJPSQMYYOSX^`joi]TGK^b[UHJP\`[YUUMDLSUUROWWFEUcbZNQMGUcegd\YZWSMSQJIKPRTWTJMOUWVRNQX][Y^_^UUVZ[PCKOOPPNKDBJJJLMS\b_POLKW\WONKID=FTVUQIVZQMIFPMHWZQMRRX]YZ][ZPFNKFIQRMNWY[[TKLH@BT^YPUURRW[\]ZVTZWVTXWPKRX[]WMX_\ZVJLUWU[\VOSQILOUPLNLMOOXZSHMTVSPVTJINPOPONRZhqtw}yjXSMPMINPOOORZUMLQYTNNSURONQTYSOTVWTMPGKX[^`XO\d^SIJLYblpgZRQXUNQKLOHNX\UKKPTQPPIMJBDJQV[]VPRRGZe]IeŠ€fNNY[WUOPNKMORVXYRMNLVeh`X[dg`VOQUNHPRPTXYZRPXWVXV\e_NH?UZXUTKIJNYXTOMRX[\ZZ\WHFNPKBJSY\XSROMOSPQV\[_c[SOX`\OPXYRSYYTX`]YZ]Wfv|peffhhca^UOTXSLNNSPJSYWVWj]RPOMVfmlg_Z[^c_Z\digkjgkojeicVZdcgldS_gloppqka[cb]goroh`glg^\Zbhkkb`Z]__XR_b_YQNPNNPUSKEJJTYQNRTMKG@AIKPRNTXLGHHIQME@LMLMTWXVKKF>DILTVRRWSTUE>MWVQNW_[LHEFMV_YPJMR_fnvukakrm_KO\b_^VLJJOQSVTXa[OPOJPOLV]\RSXWWMFGNUWRQUYblqrh^WNP]VQOMV[VS`^VSMDHMMV^b\NPTV[]YSQUW^c_V[]^YRU`aWHEKNLV[ZSU^\OKUOWYQPU^a\USW`_UNQILKKMHLKDGMIWchdXYQMNNMOOPULGD>CMKIQOQUSRKDOWTMRNJT\fmdTRNOQMQRNGGMX[]VOMMMUX[TPQOHJU]b^Y\WQSPRVRFGRNSWUQPXWZVJNTXY[]VKQVQGDQUIACKOTXRSMJPVOFFIHCIIHQPRSUZ`fntvpiWPVXXVRNPQLJSSRNTWSSTVWOOPNX]WV]^ZYZWPPQZ^VKFNUY\[VQ\jeed`SSSRWWN@HRRW\ZQSQKOJ@LTMEGNW``_`YKBSa]PQr‚‚t[PNJPUTTRLKPPKSUMEHPLOY[Z\bfd[QPRRWVTVVTZZVJMRRRV]b]PFDFNPQXWRTVURPPQRUSNTWSQRILLRPIFP\\XZZWSVUSZaaYZYTQZadVIJSMQYZWVWWUUab`oz€ˆ„ogljcYVUUQQTVPPONRVVNPY\caXYXTRVdki\XYXUYY`bc`]b_`h`Xadb\[YYde[anrppnpunptpd`dmmiltwldbdgmrskd^[TSVLHILQRNIMLOSWULC?CFHTROPKJH@GIKRORTKAILIKNICGGHIKNNOLHIDDGJPSVYWQSTNPQMKHJHMPTPKNMHEKNPQKQZ_frrh`kxwfSVba]WMLOWZWSPT_^SRMIMRYZSOGJOOURH@CMLKKW]\YXNHMHHORQTNIA:COQMSSPSPRPQTQLQOGHMOJA?Wes€|u{~|utm`\`YW[[[XW^YV`dcce^UPW\]VROY[\\]XW^c^WE;OYdh`TPX\U_nqtvsmcUNLLJNIKIFTTMRMEIOUYZWWV[b_YQRTOPQYdd]SV]^bpomqst\]]VV[^_Y[\YRSYYWWTOQVOHFTOGS\XGFSZd]KJOPUTBEUWY^WHBAB@APSKQ]]RXXRQPMRTLHR`d^]XZ_^THLUTUYVRRVTWa_ac^]_X\^\ZXW\UI_gXLQLHMIP[bd^[XSS[`a[X]cb[\^]Z[ZQXd^MBHKLQVOMQ\_RMXTPSSTUXac\TJNPRTWYXZUUWRSPONIS\[TSVUMQMSQLPQSUZTJLMLNEGDCQZUHLSRUWTT_pyubQT\__WOMSSTYZWQKFALX^[YRRRSONOX[XYVU^[PRSOPSSVTPOONW\`[QHEEMOPMKTSJGIQJ>BLQSQNMNNOVMEOOJGMYUSRLQS\cjieo„u\RQQXVKMVTB?IKGMUXWUMMQXXQLPRZ\\XZ\TTXZXQOQUUXZWXVQHVc\fph]SRXXTIKTWUX\]XP@DKLWUI=ISOMUX[[MDIQWVWi{‚yl]N>JZa^TEFWNOVYQ@P[ZSOU]]V[[XSOSOQXWUXY[[UMINTMKU_ab\SRQSQSYYX\ZSMHS]^YVVYZVRRSPTWRKLTYWW[``UNRWZZXNNPR\dc[PLUWX^_YWURXW_id`ftŠ’‡m[c^YZYTOTSQOFCMIMWRLSY]cWW^^WTWbikg^UYTU_dhjhilfb^Z]hpuoc\USZ[Zbikg^\mnknka_]aimsz}vpnd`gmundbbWPEGOC?QTVSNPJPXXWJEF?=KSSRMVWNKOUQNOSI:CHHGFCHPSNRRMIDGNJGMKDMNEQWWXUQXXRF;FHIKQ[[XTOEGGJTRGGHSaliffu|v\Y`cc]VPPV]YSOPRXUTNNRX]UPJHNNMROKEFIJKRUTVTRILOMOQKMJFHIBHTPKLHLNMPOPLMY\PFHPRNINY_]TJFHN[cd[[]SONRNKHKGGTQKJSTPB=BIOQCBGLRPGEMOKQQWXdr‡€}|{vlghc_bbXFW`eb^XY_b_YVV[`]]]TUUSSNRWZZODNV_a^XSY]^^ckifq|qRJLMPYQ>HQUWPQSOIGQUQKKNV_caWMNNSTW^a[QMWYY\_\`grwaSMU\^]\\^]YUX[^ZSJONPQRVJALKIKKLWWPPLQTXSFGDHPONMPQNGMVRNQPHKGKSRQPPPOQ_d\QMGPVVUTUVWWXZTSWY]]VTZaheWPUXTMNOM[c\NPPDR\WY]]ZY[ZXRTWXVZ\ZX^feXUXXUUWOFGKQTTI@OTROOTPSNMUPM\b`[USST\ZTU[YRTWXURUY^\TERXSQQQIQVTVRORRHJRMRVQFGMLPXZRLQ[\Y]]drvnd]^`\YNIOUQPU_YLNLV\WMLWZ[ZUTOLOUTPMV\W[TRZVLKQUTKLMQZ^\[QG;>@@DMLC?HLDHGRROQSRUOKWWLOPTUX\][UGINPYbhcl†‰we\MDVWTZZTPPIINNVZUSLPTXPOOR^`XOGIOSSWXLIONO]c^VPHGHU^jrobURNKKT^^WUSUVWPFALUTIBHKMOQQR\]UIEQQTWhswqif]IPZ\^TPSVRU[TIIWXRPOW_cda]WRXXPKIQTVa]VT[`ed\VVRXcaZZZUPT^]WVVTQJSZ]XNQYZNCQSPLF@NW_b`afg[NV\YQLQJKO\d_\\WRUU[a]X]XZX\^`^Wa†ud\]]cb\VWRRJFPOX\UPTUT[UflncXcgiklgWRU]fkmlnx|p^VS^dknkeda^\]YSQXa_ahiheYXaa[\c`lxvqmia`gol[V[TPSW`MDMPTWSKISYXLFDKNKNKOZVQQGBGMKHHRRDFQRPTRIINPOIGGMNIFEJJDKOGIPUVSJJPJKC?KOMJRVVQQMMPLNQGBDNR\msonrp_T[[_\VYPGSTUPJMQTROONNNKJONHNRTPLNJIFFMRSNPWWROV[YROMH=FLKRQD:59DHLLIGELOE?GKTRLBMSQHJDBKRTQRMUUJ>HPORNNJIMLHHEDFKFBMQPQOS[XTPPQOORRRRdsˆŽŠ€yvnbY^\]`[VZcg`TUZVRYWQTY_WSYWOSKOTVUX[WXZZZWU[``\PX^epieyzm`[QLTWONTWZ_a`ZSW\]VRMKPT_\XUUYZZTUW`YRUZWU^ba_dnwbZZ]^[TSNV\\USZWWUROV_YVYVOIHNQQUZXYVWUOQNIBFJGZ]ZSFEHSWSRMGJF@FGEHGJPW]ZVWOHIRRW\USTKJWUSVYZ^\VZ\^[QKMZ]YRRNV_ZWQOGHV\]]`\VSSRONQV]YQUaca`[XZVZ[YLCLSSQNJHJOLKPX]_^TPIJYdfb]XSQVYVQKMZUU\ZSRU[ZQMVYXU\UNWZ\\PCNTMOURMVVQKFKJKRPMKS[]bcZanslc_[UROMOLHKSZTJMPPOKGMPVZWRRVVOLIFMPRNYYILLFINV\Y\[\^[OKMD;FOF?KKIQQNEIJGGIPUQMSQPQHCHCHQOJTVMDJNMQ\]dxƒƒxkbNBVXWYPR\^XSSUVQOOJKIRSFLOMTTPHFHOUVURPNJDP`d_WIF@EQWfomg^PJJPT[RJJCOSVXNCIIKNNH?HSWLU_\TLMMFQU]hpiabUPQ[][^_^_VY^WRU\_[QT\cda[UYXQOSPJCK]`VTQU[_[TUOH[cYNNOSUWYYVVTUXX]``ZRRWSMT^]YQLOXZ__cigXS^b\YSNMQRW^]_gdYOMRRQQZ\Z^dc[bkpu~…ˆƒua^^eheUIJMOMPJX[NK]eagkesskY]hkjkhYZ\_bahjkpuqig^XYdiidkj_Yadf`]X[`c`\YY`bdbailgjmkehe`_`_SOZY[U_`XKLJMQNKPWXNAAHJDDPRUWTJONKNSTQLNWXQHTWRNKJD@?@LJ?6FD?IPPNLKLQKMSQJKINTRRX\TNORRPMNIE@MLHL@BQPAFLRUVSSJKLGILJONYU^br‚”ŠurspkeedfXKS[a_ZWYYVUVW]^_]Z[XSLJWca^ZTSSWSTTOS^aVHLT]ifjv}|rbYWZVTNO^a[^]ZW^[\[XYQKOSOYhlgZROT\]SLEHQW]cg^`iq{k^\\Y^YONSWRGHSYUNHJ_aYWZXQHKLTWT]_WQPRQJIHLQTW\b`VIEFMTVSTRSNMKFNNIMXcca`[VJKSPSPROFJXXV[[YYUTRQNNWXY^^[YXRNVVVYTJAHQ_b`[X[\RPNSY\ee[]_ZUY^^ZXY[SOSX^UMJMQSOORRZ``ZUXRSX\^__[RSXTMGPVVSV[XPMIHKS^`ZWT]SQQTVRFJUROMKDJUWRE@KNQPITPJP]a_PTiqri\]XNLRTIMZWOAJOPSTNQQOVSKBCRX\YUURSUPRX\VOTSSZ\\_`^WI?F=AIQSQIKJV]YJLQB@GMRTLNOLKJEKG9GVJELMGFHP]_^\mwxz|xeOTWSNQSVZZYQLV[USQPHGNFKPLMTUSUROVUQPUZUMMT_gbSLEJJLU_`eg`ZOJGFKORJNSPQKFCELUUURORTGITXXVRJGHSU_ik\SVZZYY[`degfXSTHFU]YO@FQX]beecUKWXPKLY^WLLJLXYVUN>EURLPSX^_ZWZWPKU\]ed_WUVTMQVYTRSUUUROTbcWLMWUUXWVRJNUSY`c`ZTRZXQHNWX_c]Yftriv…Žˆt[RZ_]RPXWLJSRS\\\^a`ipqeimjgfigea^ddb_beicelikl[PQ\_^^df`[[^]YVUZ]a[QWY__VW_gd^[_hkmnbZ`_Zade`YXYVNGLTS@?QSHAENRM;BERTNLHJJQJN]aYVddhy}s]Y^^SQTQKNRRGMSTSTTIMUUVTRFFRVXSQUTF@IX^WPM[lj\EDKQQOOQ\cijd\RNKCIOOLI?=BCHOMLJIMJLMGTVTW]`ZSKCBDTc^NFWUUWR[bcba\XWRMPQKA7KSQSPGDGHFMMHFFKINORUNDDNQOKIHOSSKQJCMSTQMQY\ZPLTXVMC>;DLGKIFKOMKKMLLIEJLJLOTUSLMLIADNROOJBM[YXVSRSRQNKQNLJMLeYPLZ`afmˆƒrhfae_ROZadf`\\\X]ee\]]`ZUUVSSKPTVROHHQ[\[X\XLPWXTUUbr|€‚wjfc[SHIQYYSEQUPLQWQQRPMVYTTX[YUXbe_[ZXZ]]_\ad_`dag}udW[ZVMBKU\][QJHTZXYTHEQWYWSOLSZ^VSSPMNTYRQVWSUab[\VTXWSNIIIOPNMMMLNT]cZVSNSWVXWPLPTQSPUVRUXY[VSSZXHN]cb^\UDONTX[WR\[V^a\WYZ[WXWTV]^]PHMTQUdiaU[[TPOPONNGFOVSNQZ\\TLQPS^_[]WPVUOUWXZPJGMUUVag`VVRMOVWOSWWPPYTJTSMQNTWSQQKLK:;LXYZ\`ceYOXdkni`\][RLOJHHMDHOMJINXZWXNLA;S^caUEI[ZSPHE?OYVOT``^`_YYSLKOLLRVVI@ENTSOQRPPMHIHLHD@HORSTQGAGEFSSLHCM[afhlu~|jZ^_[RTXTOLPRKPWQU_e_\WUSPPQSPMNW[TMPNLKNLT``XUULFMKEV_]fombXSPPPMOYXRY^VNQNMQQJIHEJHPU[UTXSLIRRSVVPQIBA[mqpf^[NNMNY\ZZ\UU^ZLFKVZXSTOPU]a]YXUUWUS]ggbVWa`ZPQV[SEOWYUTPT]eg[QVVUTVWWU[`b_YXWLLRONHGHT^^UPQOTXTSUab\ONPT_aW[a^TW]efhht‰o]W`d^^dfgY\fmrl`[`hpme^^badfebnpjdd`dg_fmiggb_ebZ_ed[SVQKVbiqi[XVV^ec]bffkpqomlpmggklhjd^ac\ac^J?PTTTURRRWXTILQRTOGCB:HTWW[QBISTUYUMEITOLNMKOURJHFLRKNPTRQH=JJMW[VW[ZZUILSROPV]XOPJPRLINQJ@JY`emribjndVUUSYXROLNNDMWVNHIOMLKLMSLACAACLWTPHBILLFHIFJJC;GPUOIRQCAFMUTPSPPWYSCHROJHDFJMGIJDEFMWVKGLKNPPNMJOMHEIQSKIPRRPSJGGPVWURPXXQILOMKLODg_QQ\bim€ŽŠ„saae[\QO]bddfbW[qucL^ee_^`a`Z^_ZWWRGOW^`[Z\USUXSXRQct‡‡‚t_\_ZPEQYWLKW]Z\WWUZYZSX_TW[XVVTZabWUOOX[^]XPPTTVU[xr_MQQOPNORRTWXPELWbg`YVPHELXZ`c^YWQHJIRWMOTLJNVZ\_[OQYYUQRMW_b`ZQ@=NY\YQJET\XRPOPT[\[TRO?>SYXXZXZ\SHS]afhgaYZV[^]Y]XT[][ZTOJKWYU\f^SOPTWUU]^ZQV[QLOMNLLPOCGOWYXVY[WTOOX_\ZVKXYUWXWVJFHNONRVZ[VVVQOW`YHS^`URVUTQGDQWWZWSMRQMPU[`^XZ]bbYQ^jorne\TKGOPFFKLPVSJHMPMINMOQMNSU^[KGQRPPNPKMX[Z[YW\_bgaTEELPKLQROHAHMNRNNSSLMKFKI@CJOIBHNI:ANQNACMHENS[filz€sb]\UHCMNRVUREHSTUVSTVWWNIJOKMNOVYTPSRPPNMNS[`^XIGUYaaYFHRWY\[XXWMMNINSOLPTZ_YNWcjqraVQPTOQOPONNXXSPRY[\ZQRUOMHRZXJEG>CGT_ZUZWSUUY[[ckeWOQMOTRLKKMPIGTVOLOOZWKPXUNHPXYVRLJFILKAAGGIGBPbkmr|zj[VRRTTQLMQIDITTRMLQU[VURRSTXVX^XMJQMNPVZXRZ[XVPDEILJMYX^^`a\RNIRVKFJHCMTXVMNK@JSLKR]ZC=ISQORQSXXWTZYLQTTSfqphddZQZR@@NUTMGOSQNV^YHNSPS[efdZS[[VLLEALV^a^WOGO[SOVZYYTHOPP^bdc`__]V\XNMUYNIKIHLPNT[VLMTWWQSZ[[^XT]bb_Z^]XS^cZ^a\aeilq}}unf^`UGUblsmbfmplg]^`kpnhmlkdciuxomqob]_aef``bfinqncWX]_bblqnfo~n[SX\_hkc^]Z^lqopqg`[_d^\\WNLJIGEKIFDLRQGBMUVUQPSRJDHGJKMRPIKNUVM@HRVQNKHIRXQCCJB=M\YRGGGHHIIJNTOLUWOJRYMEHDKKMQFB;A@ALSPJU]cjvt^_puskXRW]YWTUNLTRCJUSQU\\OKGNSTVOKEEOSIFMMPRSRWULMNKLRYR@?BELVYSOLMRPMQSXZVHJPOIBEGKOSVPFOQH?JLDINSPMHKX\\^\VVZUPRPFBELPOVS;JT]e`W[^n{wga\\XPPTUSLP\XTTUWYYMIOW[O;HMKHNOICV^`YWZQHMUXTSeiaSKDGLI@=CMLNPLJHGIKMKHNPIVTNRS[cccr|~…ŠkXOW^fgfga[PWhql^PMYYMLXRHJVST^^TOKCHJQUPN[^]WXglhffyˆŒ‡q`fcUR__VW^YVQW]YWWVUOLHJ^efbWPNTTNNOTQLQ[[UUZRS\`\m|p_][ZRNQRTTRTYROQOTUZ^_ZXVYYYXOGJNLOH:EWVKUZYRYYRKMPQPT]bYSUPHDIMMTSV\XOLCAGKLV[TW]UNQNKOTSRVWTTJAM^nwpYNP[XXdf`XQRNILUROOV\VNMMU^]XZ[^Y_c`[OSVRTXXNKT\ZTQSUVXXTQVVTQORUVSTXdeZQVWORVV\`_[RIPSQONTWI?OSTVSNITZXTJHQRRIJPUXZYTTNOY\YUT\lvrldb`UCNNPURWULSWQX_QGNYa\HKTNELRTMLZ]WNPRJILMNKGIPVQOLIAAJPRNNOOKIJDFLSYYZRSSR[\TOKJTYQFCMZYTILQOTcknu}kVUZRMGFRRVWYUW_ZSZ`_[STTTYXXUNR`c^__^^XVURX_elt{‡ˆ|hX\^b]Z\ciiefifqrjcb^behinfehehkuxvmc\]^a`_[VUY\]dffge\U^Z_cjfhe_[\VUZ`]WWgoj[T\^[jppkd[Z[WRNGSTEMY^WFSYOFEEHF=BMPOSPNVUNIHKJMPLMHICCGJGBNWVP@4EEBQY\XRMQMKLPPILTSMGGHOPQWUTJ?BNNGINKCNPQJHJZgkggcpytfRU[XZ`a[WTLMFHNVYTOQPQTRNFFJJMLIMQJELOQPTTSTSTWPKKTRKJCAIRTNNTWQNVZUNNMSSLORX\\WTRKOV\[UXY[\UQVa]TNKKR\\PP]XOOT^_\]a\UU_`ZWUPVUH;CT^bfgda\ZbliZQ]_\[QDBGMW_abb\ZYZTSUTRXSLPSRWXSMUURTZ\WTRJLQT]]PBP[^]ZZ\RSZZ__dkqtw€vjfjid]W\eb[\admrmmlgahklfrj``fjnpni`Z^^ZSV^`aa_\Y]hkcXRT\aUY]^egemk\R]`ZS\``cfcb`^]folcege_QHJRYUMSZZNJVWOHHTVKNQTWQICBEKQQOONUXUO>DKPSJ:JSROLFGMFDU[WZWVRJEBGBNWTLEFJOQVVPHHGNPLLMONABNTUTMKKMTYY_^VIKSRLJMOMJIHBCHBDLW]irnjuzr[JR_`VSWXTNUSPROQQILHHHFSRONUUNPOLEJRJEGGKNVYSMMLPPOQSNHITI>GLOJCKRSKJKHKKC=DVYWPPJEBHMLLOJEDHNEFNIFMNHJJFFDIPPKORE=BEIOLLQKIJDIPSNif`__]WQPWZ`avƒwrhcb[Y`e]RO`rxmXTWXRTTUQOT]ZTW[WYPKUTKANZ`^]UV^`hnk\lƒtcecYUQV]TRLY][YRFNRUXXZUW_^X\`ba[WVQRRX\ZSQ[ee_\\gv~{m^JLTWUICMOXXURSWQRWQLNOYYKEQXX\[WTLIFIUSSPHILGKUWVW\`YTZXPMKNPILTZXUQAHSOOPKMPSLDNTY\UNMLPUWUVPOTUTSKM_glg]ZYX\ZRINSYfhbR?OZ[WWVY]XFCQPQWVWSTTPLW``WSTQSOMMOY_ced`^Xee]aZYVQVWWUOHJWVNNSTPNOOOURMMMLAIQTTVYTJAMRNKLHKNONP][MN[_[W]`cXYecWTWJBKLPMQUUUIGJQTFMRQUST[WRRQVTHJNOJJNPUOR^_\][]YWUNCHLMOWXRPTPLQRTWUORTXWNED@LOKJ?B?AJKEGJX[S^cer|€oQLXVADOPMFRWUSTLOMMTVWPJLPQU^]XXYZZXUZ\\ZUJFKLOY^UPLINPUhto`PKIKOJIORQSTRQSLCEGLNINPLLKEN]fh_RJEORRNJJQQR_jmh^YPUZUVYTOKT\[SMKKJLTWUQLMLOONQWXXQGFP[]WRWVV^cicXYZZYQILKNQWYYTSKMRY]TYdaZRPVWQOLOV[^\`dc``YUYffWDGU[be`\_[VY`faWWl{‡Žˆvbipso`NTZVW[`cdb[^`ad_X_a`bb[Xfgb^iokeedZRW_flieglbZYghb\_b_ZafcZ\db]gga_hfdjmgb`goplcggd__]`\TOQ\`_]afd\VVIELNLRTNLLPPJE?FGGFFJHAIQQROLMMRPKOIDEJSPNQPSK?CGLTUPJFJFJTXURSLJPPGIONQI?EFDEMLLGN^ovpdmoc\SS\WOTVTPRRQXZQJKOIJKOXUXWXZQNWXPFOQJFAHGORQPQTQQOFKQPPPIMVOIMH8GTSKOLMMLE>FMF>KSOHLRI@PSMJHPRMBBDKL?HOGAFPXSFKPECQMBBHJUVRQMNNJIHcZZfme_][chfbkt‚{g]\UU_faXbt€~jLEELPPSTXXYXSSXXWOAJONHS[YRQUYZ[]dljoy|rfa]VSSRMJMPZbZX]ZWUY_b^\SWadccgc_ZTUOQVSRVWZYOOV`Yq~ysh^JBOQGFQTY\[WZZXZXOLIUccUIWWR]_`VLNMQXWTQOQSPRRRX\VIHTXVKGCFCCPXZ[ZREIOQPPMICFKLMXaUGPLQSPLMQLIRVZSPQ[_[Z_\VVQGIJDLZ_geQMU[\^ZU_b_UPSSSTOMX_`]\^ggb`]SLKSWUWX[[\[Xahd^[\^ZOMJMRTRUQGQPLKJOTURSPQRNVPCILMRPIHHPVNJQSKJLPQQXPNUPLS^ebWZmqfVYUD3>RRADFHEGHNRHHOT]`Z][VSQY]ROVTSNXXUV_b`ZTMWae\PQQSPMMSTX\RJMNEO^VABLKKPLKOMEML=JNFDKPDNX\[aafw~€zi[YVKMSWTKGOV[TMPRLIV\WKHKHGV]VMNVRSRRXTUUTSNOOSPDFLOLTUV]ilf\QJE?GNQMOJHLKJHMQPUYY\WJCEHIVchj_KHIQSQWZXTWdnld\]]YRV]_ZSJIRTTOOUUUVVVUMQX[WSNHSWUQQVWZUOOJJVgkc[Y\[ZSHKUVRRY\dgcOHQZXV^b[X[YQKIJPV[]ZMSWST[\Z`_UOJO^hgaZRUVSU^cf]fsxry…zg\kstj\PTSV^c`elh_]_ff\X\hff]\_XX\fd_agf]\[Za`V\ec\T`bZ`mwrfadc]]gmkfcfa`ecefc_]chjjcb_^ddffgc]ZW]X\jtq_T^c[JLLQSNHHOUNJNWZXMHFBHMWVSWPFLOUK@HJH>DCBHJIJHMPLLNKJQUQKQTL==HHFEPLEGLIEAPUSMUXNGRdormjmuwn[QKKONMRTPCGOULKLOQUWXXVRNWVKKTVSLNW[RJMLOQPVXWTUNHKMJRMHLOOMLIRTIELVYWSB5AIJDBENMU\YJOVQHQTW[URNLOGGHKLKNPPMKPQSXSHCDCIMRUWTNILLCa]\ba`jkgjkd^iy…ŠlYV]hhb][fv|oXHOTXTVRJNNQURSSNTPPOKHGQXUQQSSNP\acgquwqi`WYXRNPVRNUYVYage_]cd`[QR^b_c`[\]\UPPQOSX[]WO^geXU\jqy|uiVKKQNTY[^XNLUZXTOMOK_jeVPPMYbhbPNNMRWZVRPTWW[VRTRHKQLME8GRSMHNLNTTJIR\VPU[YLOPSdmgRLRQNDCKIFCMSTUQSU[WZ_UOY\ZYWTUXQS_[SYYTWPMU]Z]YRW\WRRUQPSZ^dea^[XSXdeWFWZYTXY\`c[Y^]XSRLDKKSNLRIBDEJOTNIKJKPQNe\[ZZXZ__fg_`cp}‚qdailicWWcoohZNRY_`[RHJOSZa_XZ^dcXQPQSXZTOTRN[a`[_o}{og]ZTKS[YVXX^VZad\XY\\XRQV`ii_RRTSWYYUOKPSPOSU`cYIS_ijpsl`LO[_YTMOJDIINRMMSZYRTYWRLDR\\YIGGHMRWRKPSMKWZPNOSTURRQD?JOLCFIOPNTRQUUQW_b\\XVfliXESVPNSWNGJPYZVVXV[]]]XRT\`d]WZ[VJZ\PTXTVWRVSOPQSX`[SUZRIPXZ^]ZOW[VUdj`MT_d]ORUOKOUVPT[`^RJLMOHMVZNUYSUNNPQUSST^]]WQRROQOVTNIHKLPOKGINQOPMOX]aYWalql[KRTUWXRCJJNVQDLRW\\ZUFPUQROQODBOQUWQQTUTYUTRPT\gd\`^WZXVKBIKJHIISTOOPIGNLVWQNOHJPRPOSQFCKUOENX\][joqnwwrfb`WLTZXNLZYNLLFHWXVNLZUJIRXOGFIOSVNLTTNKPSLJHJSYWSNKMS[mxzveOJQLIOLDBBOUSINNDCQ[[[TNTVSR\pupjbWVN?BIRZ\afleTSTPLLUYSJGDJJQUUXZXSVXUHMY\YZYVZ\VWU`jkfc\UVRTRO\_XUXRNHNUX^]aaVZcYS\_YPWa^SQSONSVXVVY[URRKRW^^\[YUOM^rvo`ZSLT]^aa_dpto{‚|icaeea`TNVTST\imnqk``]Y^dbWQckdZbeac^[gXWVUZbdeghfdfeacdb_RW\c`aeggddcef][\afigd`^_aWZb_`^ef`]\XWdpwwqleac]HDG@RZRHENJKOSQTZSGJNNHKT][WRMFCMQMFUWULGUYTLJGBDKHFJRUPJOZYNMY]WTSTXVMQZZVWUTVMPYVP[aYeuzp]VWPNUQDHLNIGIIPZ^WQNUTUZYKJRUSNHMTVUONX]YQEGOUNHNLIDPULMURTROKHGOQRVZ[UKHLKAHLLQRW[UF@GB?CCMVOHJE>HEBLLBDF@GLLLLDKSJDHDRYULKIDHBFImhTU^a][bgige^P^s„‰‡vaSac`]cikheUORX\]XPLUZ\`abb^df_WT]__aaYNFJQUZbnuz{€ymdYKDO[\\^\WRQ\^US`hjg[QMZgmhZWTEGWZY[WV_a\]^\[WM=]bddcfkmgZYWRQNEHRMINUZYYTMOPRPMTWUOS[VRNJRUS[_ZZ]^TNPPLMHEUWKDOUPOXXSSSSSLKNR\faTTX[_]SEHOQW[\THDOYdedda^`aZVY^Y[YRJNSTSY[RQSU\YSTV]c`VUVXXY]ZRMKJLUUM;NWQSb`\\[^[SJPNMSXTQJKZYRSRMRQP\]ULTYUMNWSROJIRPLJQTPTUSUXQFCEMSTPOLHOFAIKS_`\[`^dnulXKRZ\^VRQKMH@GMMLMKTPOMPNHNQCAIJKTPQQPLPUSNEFLISUVVRKLTRNPR[bkj_OLRRKHLNYddegidVQVRHLLLPD6?OX\YWUYYXLEIMY^]XYXUMMFFOZTMNW^_RMTSRUVTTQS]YNOWYUSSRT^]THBLTOJILRSUWUQQVRV^a]X\\^XPTY]TYfjjigbVQRST_f_itnnyxod[USQbkg`YTQT\eomjf[W_dbWQW`noe\V\[WYV`b^bgdafecd`XVYZ__^akfcoroligbagmla_hmng`XV_dihdabfdbdfnng^^^]Z\[W]^XFGKECAENPG>BSXPJJMNLRYXTPONOMS[WTWZZYPKFGPUUUMGMLDBOPHCAIGFQRRXYZ\\WHFQNJHPZZ^ZIDMQUWYWUe{‚€p_ROLRSKLVVRNPOH>HPMEISTYZ\^ZLJOKCBHQSMHPWYPIOSSUSMFIKGD<7ELIKPMNHJ[a`TOQND>CGHUZXQIPRKE7CIDGHHU\UKRVQHGGHNQRLAIUPFEHIJRTUVPMIFQRHab[SWNWee]erwsdapv|unieafg`V_c\QRJORUWXY^a^[UQRTRVSSUSY]Y[VUSX]VXbgw~vjc][YRSX]`XW_]YX]a_^^RR`faWcg^\agb[RPW\ZUXXW]XOL:]_fiffrxtfZZ^]ac]WVTVPQQTXY\[YW\a^_c_VQSQLJPZ`YKGEMX\TTVTIGPLONMQTUPHV]VOLNPRWTNMGMUZ]`[RU_`ZVPV[WWZXRRNJX^^VSQFRUXXRXVSLRdh\HDNTTW\\UHJW_^YWUKKPLO\ed\X\XSUZ][\]VRW]YLMSTUWVSNKKW[ZZUTUOIKNLQWWVSTLFGMJJQRPKNZ^[XUIFJPQRPMOOLGPQLMRRZdhd^gnmhaYKMLGIKJIOOICBER_e^JGMQOGISMGMNGJVTSQJTQJROFV[^a^RU_[]ZOHSWNQNNTUIFQQNZZTOIHSWWUSURNMECMV[ZYY_kemw{~|kTNFR[[USVRKONLPTTZ_a^XSMNRPKMUVONUOSTONKDIH@GDD[g^Xejgfff_[M:BF?CMTSGKPIFLTPPLJKILTRLMOOY^^cgbVOVZVOMY_hqthXYWOMPLDLD?ISU\`[[ZZ[QOX[TW\VJMXZSMLPVUEFMU]\VTQTYRMOU^d[LJTWVXYYbhlcYVPLINUVYWTUVPUVT[\[RSWXYZTWVVYSYZ`ggfZQNRRV^W[ouku„‚ykWOQa^\Z[YYQOZlnkidWT`gha[gvytomeZ\YSPWYW\]QZfhcecWZ[_^XV^``lpqla[PUWaffa_`c\_`_`fijjfc^___Z`nng\T[^^WMV[TGOXWRMINQG>CKPOIIKKLPTYYQQSRMMTTKKNPUVLIFFJKOTFIIGHLMHEBCMJFHOUZXTTZWOSSKENXTPPQOKKSZZ[WVp…veSLPTNJRYSQOMOFHSTSRPI9LJTZO:0?IIKKDF;FVZQJKQOUSOMOI?FIKOQNDBLSPKPWZUONIB>GKHKT[ZHKTMIECDIIIONTTE=IQOKD@EOVS@DLLLMQNKNPQUVUNGKRNSki^YVT\b_^afjkbenny}yxvrokhYYbg`WZWWXWY^^bc^\RNQOV][SIDU`eXUbabc]XXbjx}~ztmfb\WVVMOUX^^THES[a\VXUT[V`faZSOU\^ZWZ`a]]`_YV`[PY^\VXgrxzwohc_[TV[WZXUQTUX\]_XVURYbbb\[^YOQ]`a\VGGR[SGKRMFAEGEHKPPROOYVPMGKOPOUWQLQZWW\YUVOKJEPWUTVWX[VQUZ_\QKSX_Z[[YWX]UMOLJJELTU\ef\QV]c\PZZOMRNJNRNFOPT^bed`aYW[^ZQHLQWUX\ZTPZ\XRTUWUMJNOJNWVUVJ@JPHIUWSPKR[_^[QBLUUQORUSRLEOPHHQZcfdbaineYZ\WQF7?BNZ^QIOUSV\]ZYWRTQIOUGFLGANPROGQTNRTJNRT^a\Y[POVURTWNLQGJQTWVQMSMDMOTYZZTOLPPND=IY]XPS\aa]lw|€xg[SKRV[[XUOKQSRWUQVZYWWSRUORTNEEANUcg\NLNDGKHOMV`bY[_]^``ZWWVPNMHHNRRNKDEJKRSTUUMBFIKLMPLITV]kuyo_hnlcYVYdlhcd]YZSJOSNPUSMKQSX[YXZY[[VPRRLOX][TOVUOJKQPX[ZQPS\]XZba_YIEMPRUVW]ddea^URMJPZ\[WOFJU[\abb^ZVU^aYSLEVUV\jpje`\]Y[^WXZeplgw„†€mVS[_\[Z_[SPU`eaee`WV`gjee{}y{xoheb]RSV\`d``hedgdadb`]Y`_Ubi]W\XV]c``efbbii]`]ekhgedbWYficXbgfbW\b]VSVZ]XWWTTQNILLEKPRRQPTVUSTZVPLLTWTOLJHGFJXTOLR[[ROMPRG@CHOMLNUTKG@DMOQLPYVMUVPPSNMKPXVVTQ^Z\\\q‚|tbNOVYSOPOMLHKNNOPXUG=CHKV`YQ>4KWRKHRRPZ^VPNSRMJMLPOFELPTYSDBMPROHGFOSQMFCMOLJJRWQ8@A8BDIH>JQQLGABLRPEGOQUYTABMQLHPRIFMQPQX\UNPNNQbRN\^VXVUZ`c`bimiknsxxurokbaa]]TV^`[[UWY\_ac]PTW]ca\XQS`h_OY\Y[`^TWbmuy‚zqf^VPMOUW\_^[OAIOT]]\\SQXfni_XWTNMPY^`^a[UWW[a\MN[RRVUdjimspe`_WEN]`cgf_SQMT^]ZZPGNUWY[XX^YOXfnqjUFTYXNOYUI@CCEFEJLQPBKTYXSOPQTZ^ULMUWOSXY\XTMJKORX[ZV[^VXYZ_YU]]`a^WQSYaf`ZY[VHGNT[_db^YVSKELSM@LTUQOSJGMX_deghija[\RMMSXXQLOVWQNOMMQSQJGMUMGMWVYXQLTTWVSFJFIR[__SCLTTVYYUVXSJMMABR[^]U^`^]\XZXNNOKHJLV[PBJQNLNPX`XLNUUOKOMB:=GCLQHDJQWYSKLP\jpkZORVYWXTBHTVSNPWXUINMEKMQUUTOKGAGNSOKQXWNPXZZW\gy|wuwm^LOSSVSOLKSTPXXSQTSSRSTLGKNQOJDGR_d]MCKLCIJKMKUhh[UX\`^]WYZWTRMQQKBCNNOSJCDINY\PEDBHLSXQV_^au„†|ortrg\]afig`ZX[SQUXWZYTKJIFNX\ZTRW][XUPNSTQNT\]YWRRUX``ZWUUUXQS\[ROTSQR[[SELWURTYXYYVSS[^[XPJIP_b]\bbWJQ]_VEELY_Z^oqh^]`_Y_b[`bc[ajw}vaQW__XW[XVWW[b\[ecZWZ]_ejkxnmsolgjid]]bab`ade\Z\ckh_\UYc`Y_\X^ZU^`_boxuoomhbagijlhbabV_jjjb`_hgdigZVUXTPOGDIMMMHGMMRRMMLLRQQTWVHC??ELOLGHLLKORLHIQ]YK<;HHIIPOQMHTWOSUUM?JMMUXTTUUTQNKMMMTZYVPV_`[ev}ƒu^QYbaXQOOMMQNLNLTWKBJPKFK[]USNFOXVTSRSYXSOVTRSTXRKGIJLGDHMFLRIGGJMDIV]SGHPRMLCDSXO;<@AIMQOEHHCFCEPP@BHKOLNFALMNLFHPE@KRPPPVWOPOG>`WV\b_YTV]fd\gpoliiossprrc]a[[XVZ`_ZVWUX^]\a[LHT^_YSJFNV_^XSPLLMKBTbju~€}tcbb]LHTTUWYYVSMLZ`ZVZ]YeppcXXXQPU[ZOQYXWPMU^YQQTRORVP\`_edbhomeZRU_ec\TVYVVUNWQEOSTUUOEJPPOYlvr^LTUSQWUO@DKEFJJJQUULHWWSORLGQX[]NFOUSQPMLLOSTRMOZYXUWWMNPZ]]\]TP^hdR>SZZYTTTVUXYYXYU]a\WSJMMLNAJUYTNSSPTW\]bcefihb_aVJAMQHHRW[SMNNPPTXXQNW[WSOPXYWYWWTRMFINKKRWRJDITYU\aZMMUSOF@INNTX^]`ZTT_f`QLOPNKQPQNENTQHNOR_aVHPXYURJGLH??HVUJLSVXPNOOTclh]YXVROPOLZ]WX[[WUPLKMTMLQVVSJOSO@FSRIKNQLINQUPQWgvrjork^PR]ZRSNDMQOPOUXOCJUY][XTQMKNFFS\^ZVMGI>IRMQ^bik]SVWV\]Sac_UKJHGLMHGCPVTHEEBMTPMJGNQPVWX[_acv‚vkige\afga\XW]]WNQXX[]ZOMRPNMPUXU\e`[_ZPNPMHP\a^SOLNNLYVNPWYZ[YXPIHUXTNW_]SMSYYUSNRQTWSPX[\\TOKV\\^`b_]]`c^JJQX][\ivtbWY[Z[]\bgh]dv|{{yqdVZWRVPOSX]ab]\_`\[_aXVajjqkjnmrtrke^ad`aeg]PTXcjj`Y]accaac^\^bfeghl|ƒ}uld^^klnruk`cd^[[gia[_cdimhYTPVWNCCMRUUQHHLRPLIILQRUUQPSQOM?=ACCIPMDORPQLIPOJNNMGINPJ?DDIOPST[XSHQVSMLLMTVLQIBGOOTX[ZY]ZYdqw{~vg][b^SOJNLKPQICGKNV]XRRNJTZVVYWMV^[QMOTWMOWRQX[VIBCA?FNRPG;PXSPQTYMHLKIPLJLTSNLXXONYZY[_baXQUSHC?DDKDAIONCHV[WTSRR]`ew|kb__^ZXZ\XXXWYWTLGHGT[R>ITTPUSTV[^YVXZTHJGHSU`_QTSRWWXYROWXQPW\[TSRUVICR^ZPBIU\]ZRWXXWULKTZONYV^bcd^\[\Z`bZPUWUUT[mul`VTY`_UJWgopmqwtxxvpkbXUTZ_ZT^ikeehhfccbb`gkkgklihottqgZ\]USZgfcdaY^ebcc[V\[XWXSL[fmqnkhljge]U^oomnppmgaahgikdVR\^ilmf[XSTOJOROPOCFJEBKKMGJPMJHHAALRQECGKLRSOKRTVQLHMVTORSOBELOKDMSQKOPUXWVMLQOOMINUOIDBILOORQSVceadhotxvneYV\VQNOONMSUOJHKNXZWVSMXTV\\RISTQLGKPQIONJR][SJLQSOSXVTNKOPQRPRROHFMSXYRN?CRSJIORICEGGLHLSNOSGDIQSTOJICCEFJONKBFLMDJNKJIF<=MPQJPeehf``eb^WUVZcmhWZcdbgjrqog`afbZY_a[UYZTSR]ad_PJX\UILSQTV_`Z_`\XQWagfeb\mqmpriTIQONTVU^c\ZYXXSMTXUdtvj\QY[\_XMMWbgaYZXQWWTYb\Z^]fonhagtyuk^RY][VWXXQOSORWSE@HOPLIPUXZ]hol]VXRUURLECCLPLOPS\[TX_\SKX^fieZRQMMNQSMBFGGLPEFJPSQPWY[bZQQQSXSOZ\]eh_NEGMX^bab_YTWWWYXZ\X[_^[^\ZRIPXXZUQNR\XT^eVMZfhYKDKTU\[TWSLM[ZTPFCIT]`[VZ_[VPMTXOHS_]RQRJNRUUTSOOOR^_WQQQPPKG>KNTYYY[YYdic^XQLKMOUXQPTNNKEIPYVLLONOFFMTVXZRBHR[ZNNQRQ[_`\Uahb\^]UTTNJU_[PUOIT[UNIKURW[TGQUWTQPTQDMUNRXY\\Y_fiied{‚x^QX\TNMPIGSXZVKHKLOUTJIFHWYXWPFHOVbhg\OKTSW`daYSJGPWXVT[[SDJTYWMLMNOEFKE?GGDNQNDFN[`^XPQTQarob]YTV[\VQSZYWVUSPOORY^`ZORXZ^_XPUUNUZVNHOTPRYabX\`WTSJ\aXX]XSX^`_]ac]MEELXXICRV\[YXWRPNVTUYQOWS]imcVNLRVX_c[NSUTWTdpuoi[XSUSKR[itufpwtvxtsk[V[aaZYTYadcptsi[Sad\XY]\pf_[^\ii_VQVTP]fb_]SX`cikgYRNPTZZX]hjebfh`Zaghd_ghgnnjc`[\cebeh`RY`b^]`fb]QJIFPMRVTG>BIOVVTHIJE=AQVPJLKLKOLNSNINUZZTORSSMGKUSMINSK?KSKEKNYYUSIHQ[XSOSNPSSNLIHCCOX^abeb`hqtmaUFEMQV][QGLW[[ONF<=LVSLQPMMQNNOOMIIJIMMKJGKUWVW[ZSTX[YWUNLG>CJGJMSTPFDONLKHPQB?HQRMRQHMLMRRRTPDBNPPOKHDBHJJJJGA:?ENTRPUZ`\YXRQQTZ`kmdRRMLGLYXQKMHEDAGHJRONQTU\ZSRUVTTRRSS`he\OMWVVT[_ZTTUWVQOV^b_^XOMZ_^PIPX\\VTRUVW^`\XUUbge`ZZUQUW^`WS[YUY[OMVZUVVOW\[WMNZVRT]RPQPJMNNTVVVOOJR[YURMNPMFILCNZ\_aaXT_jh`\SEJNLWTMRXXOQRKVYOILPPSYY]YSTUPLLHJIQRV\a^XZWY^abeghg_TSRRUKKJHUWPMQSUPVZUS[ZXWRPLJ@FUVORQ\cbbcfqtik{~pZOPTPQOMGBDNUSPNIT]U?GQIIKPTSJNQSahgaYOGPXfkg\\XEJSTSQWNLAEKOTVQFNVRHB?9BIIMVUKJRRXTQHCIMZlsui_VMKLLPSVSTRLQQTXZ]^a\WURV\^^SRWQNGEMUUZUTRUVXWZQANPT^ZSRVWUY[YTU]]XU\Y\_XOSYZ[[ZWROJMQNRQMSX]gkdXWYVUTW^_Z[YPX]UZeg_UTWLFFHWcppedprvvsvuog^`cbYX]a_X`ekmf^^_^]WUcj^Xafbab``]\XUW\WTV[]_^_dc\XXV__UXbinlb[aekkdbgdeie`b`\^ZV[`YRY]]_efc\Zce`^SOMKKRXWUPEAHKNPSQMJLQKSWOJOVXQH@ILKP[aYPOK?;JQJMTOJMQNMIBLMHAHSX[TNKV_YXXQPXSOJGIPMKLQ^ee_[abgle`YIJRNW[\YLFSXQQQGLKRQIKOWPMLJSTOJFKOORSVTKKFHQV\YHLQTVVOJGHKLHIJLQOEFNK@A@IMQTUXVVTQKGLGEGNMJOPSVPLMNIGGIKOK>8FLQNIJIHHFHLKTVTPNSeglj`VOIOYcgiif`YdbXWSZgpwvsnc\\VVVPPUZVV[\TWTQSMEFQTZUP[b[TX[Xcddjlifin}ƒ~ocY\a^^ebVQPMO^f\LRVVOSgqk[W[YONPT`feRLSGGY\WWOGXc]YZPRWXgpmgmppiab`X_c][^QGVXUQUY[a`[WT]fg[WdibVLPPKFEPN\rxof^SRVblkc^YRRXURQMZUTT\YQRTSY[VQMG@?KRSVTPSVWREMQOPOXk‡}k_LLMIKVTLU\VORQPST[_]VTPPRV]^YRMKIGQ\`^^]X[baUHJ@R]ZZVUMKLW]]VOLR\ccd[ZZVXXVSOMIPZYLJQWUTVRNRbkgYZ`^TOXY\]baYU_\\fndUSUNQ[ZR^h_\fkuzyp{†‡zdTaolc`gf\ZZX\fjdWV]]cehc]aid]ch^ZUX[YV[bc^ZXY`aYYa_`cY[\ejkk_[bjgc`chkmg]\enof\TTPQW\cedccbd``\^TQOTRJQXXNIFHNJ@HRSTTZVKRIIQVXSLJGKKFZ`]OIIA9=IPQQLJOSQSVNRTGBNRTWZ[URUYZVUYYXPPMGLONOKSX`cmf_fsyxm_YWWNOZZTMTWSSPLNRTTPOMQVSPNOQOPOIFHHGNTPNINURLTGHNLUXXTVY[XL;AIMQB>@DLQMLQTVVYXNRUPMSQD@PRPQOIHIKPRPSOFCGD@GMPRSRTWUOIFFQWXQMLOLlljfgaYWYYa^X\dchlg^RIH\nsoibcbc^VTRU\]QV[VV[UPQPPORXUJLSXWRUW]``aeic`amwvjb^^a]Zba[UJBHU_]M\gaUMSdg`[`c[TSW]geZQTTOLVVVRJO]gV[UQ\]X_jidekhc`\]bef\\ZSSZ\]WWWX^\WKS_gZSfk`XWTTTUSFCIRTPRX\^_YU[MKMWabZ^WLHW^ZWV\^TNSJ@FFN_bVQUZ\U[`caXSMQXXahdUTaf`_kone\_[SRMMPQWXWYXZ\VQY`a^[[]adehdY\]YOT`gib\[YY]\UQSYVUVVT_d\WRPLQX[^\PSSILWRJVTNPRKFNRUURUVQRWIHNONW^RJE=GVY]ikk_isneWONRSPSVY\WPOSZ[IIUSX\YWQKQRTQRWSNLILX^WIGCAPPQYceeb\NGIKUUQWXOLTZRMOKMVXVNFKUZSQXSGR[[SMSSOU[[_eptnnyxn]XQPQVUOWXOU`dbZW\_`XJLOXZXTPNQLj{xj`Z[\____]WPT]^UOHQ\^XUSKCES_`\TJIPPEKPUSNIMLKJMSTSILbyˆ‰vYLLTSRWWHERPNRYXSQY_^WXYYQHYbe`TQRIDKPORUW^ihaRFFZknfXUMGMU^]]VPT[]afcYPCNWTLF>@@FQPHFO]]XXV\ild^YVXXVUQTWVTOUXT`hqoeZ\^\bhaJQYYcehpkhs‡ˆ{e`hd\Zdmkggc[[fgWQYbhbWU`cgbPcmiaWJT\^VW^_fg_ada]b]VZZ]\Ybjkf`dmeZahjklhc]_ejg_`ZQT_ccb_\^dij_[VK>KV[UUZ^WLSRKF?KY[TRWVQQIAKOTUSQJFGBKY`_RLKEEFOMNTTH>GLQTSVLGFHOSSWUQUUSWVQRPLURG8AMQLRV]fnn`Rl}t]ZSISU\]PCAKNPNNOPNONJHQ\c[XYTE>JTTIGJIZ`WOSVWRMHAN[XXZXTQQTRQLB7?MOIHE@MJLU[Q@EIFLSVTQROOLJOPOIT^^[[WQURONMPNPTYWOMWZVOHLMNPMKOUW`fiipo_PTLQ\cfkmghidXVUT^ge`_mupg[RNRTMN[^YVWSHNTUTU\XPTORZ]\SMU_b`cc_ahx~vohffeRKOOVRSXXUXY`hdXZ_\]YW``_][VVTUQRY]XWPNOLJKZeXSU^YTVW[\ab^krnh`bhcQQMOU\`XUYYVUQLGQY^WVYeih^VRMSSHGIPQSWY\_Z`gc[Z[`aXWXKAH]_USUabSF<:LW\daTIHRUTX`d`XPLP\diki[X\YRV]deaMHVVSSUVXYX^[OY`\W[_`\RRRTX[[ZUTVae]X_cebei_USPMQVY]_[T_hb[UQQUYV[_XQTROOLKNVOMOQIRRJNTWYWNOJOXXVVb]PVSOTV[hsvmdenrkYXYXPPMYVIONNWZUSNLWNKRVSSSQSOU\YPRVRY\[WUHIKQY`glg`\UMNSWURTMJXYLU]UINVZTLMMUSLRVPLOTOKXXPIN]cahvwls~lb_UVXVOW[PP\ca[PJTZTKKKPOX]\W[ZasztdVZVOJES[UNIKQNNIMZad^QB@BLVVY[QDCMD>EMJHJIRRKLNOQVYZcv{vbMOMMU[\ULILLT_a[WPYWUT[\WPV_bbWKQRNSQKMNJZbZY^XUW`hg`_`RIS]ca\\\[TNUac[UTVSKKKJPGIWXNFLWQLRUdh_V]WSQW\]YOX\TQURTbfqqc[`aadaXTZ_^Z^]]cbes~€~vohida_cjqojea`XOO]dcbddgjkf_]\_[QQZ\ZWQN[a_WRRZ^]X_^[[[Wdkjb]hokbgmeY_gkkifhaV[]WS_id[^gcfli\_e^W^ZZY[YVMPNKIKQSRMOXXQTQ?>LNTSSHBDEAFV`_UKQPQVQOPTNOMNNNMORLKGQVOLLOQQQQSRRLKKOKBCMTNMPU]hpi\]q|yncYRQTUZYOLQUUPOSRUTRL>ANRQDMSUSMJORNHFCOURebfoslb^]ZZZ_iqroi_[ZUX`_a`^jsuqmi_WT?GS[]^XYTOTWXRSYVZZWY^e`][\\foohlptutxulc^YPIOTMORQSOMMUUKZ[TLMX[UT\c]UTXVMQWTQTW\WOSQZaZSXbcab\[ZWOZghjhjjbXVVOOTRNGQONQOL@=FIXWUeqncXVPNY[VRSUUW[\YTR\ZUWW]\TMMPROPWYWahk\OQLIONPVSSUSOGLQR[YIKUbgiijddieXRSRVUSPOLONWXSPZgeUNYYV^c`[SOOSX[VRWZYRY]\^c_W`mnbNOVX]_ad\T[_YVVOKQXXZ]SMOXZXPUXOQYQZWQWZQKPRGHMQSPTYXTUXXSNNQPWdnvsgXguwl\TVRSMPSTPJDINKJNSUP?>CMOEHPMOVWQUZSJV\]VTMORJYmsn^V^]SIDHSWTMRVQR`aVNPWSFJQMHJPQTXVWYXPIHPTUW]`mvnpz|q\Y`_\TOT^WOOOVXSB:BFCONIHKVZWRPYgvyq]RQIHISXWOE?EMXVMQag]YWPQWVTSXQ>FILNMEKSNKNLQSTPU\]Zadd`X[ZRLNJLSWRVW\abcZNEPWUPLMW]]XOJRXVWTUVSLOVRFPY[[RPX\\]ZTJP[[[bc^[TKMUYUU[YUV]XQQKNRLGOY_WY[^`]RQR\]X[[XNAJTOPPP[fqsh\_]\YUQPVTTQIKT`ghgku‚}icki`\gprplha``]SV^hicefZckidcfd]YSMP]`XQNTVTVTYVYbhd`]OK^dfhkroaYbdcfeeffell`[b\U\dkedjedjplaeg^]\YWLONFGNFJRUTSTUVTHRRQJSRHPSLEBLOMNVYTOQMMSOHGGJUVRPQOLUTDJUXJGOSQONOF:LSONUURQPIGIJ>=Ugnihgsyve^YXRNW]ZVUTVUUX[ZYQMHNPTSFOSUWRJJW[W[XJGFCNTXZ[QMK@JORRX\XTQY]YIGPNMJGNQNMUYSNNUQJS\VLHKGEPWLEJMLORNEGILNTQLEAIIGKRQME@CKLMGA>FMI_dnoeXU^_\[\gs|xkcUPNPKKbg`homqu€a[XNSSYPUa]MQZZVVZ][TRU\`Ybe]ZYabbgpupr{{seXXZS[[VMRVPH@IIFKIEIUPHJOSMQTQOPLIKMIQRKMIIFCGDLLSSKSTNFDHQRWV\fjbVTLFYjqoeWMNVYVHCMHLYYYTNNRZUKBFRUVTJHKNJFOOGPUWQPS[\Ti|}qxw`IPWWXTRKKX[[ZZXTVVKDJS\\PLTSRP\owpYNQQQSTGJLDBGPRTTTZ[QQYYWMIKJHQZQNMEHAFIQUP@ESLKMVixtlmmfaZOUUNONIGOW`c[TO`khZRUPTXXTPKPXMKZa\VTLR]`[ae^QN\fidYRS]ZPIV[TU_d^ZZZWQMVZWQQ[\R>2FSVSWTSRZ[OOOJTNPSJJCLZ__VKLYkyxmd^Yab`_]WTVW_d__gcZ_ix€zwwvkXYcccddd`SYcgifef_ckj]LK_d][]]ZSX]badea]X\dc]Z`dc]Z[]bgilhgjhgiqurlejmhkmhfjhfhgabc`[^ekfcd`]bidTKEGLVZVUVNOONSURVQTTMHJMQXYPQPUVKEPXYYWRWYQJPQY[WUZRNTRUUPNGJNMROLQTRMR\YQJQVNGOTLO^`]hid_bghaNLT^^VNJHMUZURURTUNL\e\QMJSQWYSHNVX[YSRWUNR^[SQJ>EJIPVUGBNM=M[[PFFMJOQNQTQQRJLOOMQWWWWRMCCQVQKDGOWWOKOICIQTSNQMIJJPSJFCCGGILSTPJQd_kvo`ca]beX_lxwog\WWWVY\cgqwvrnpoeXSNHPU`e[ONXaSTXXWYYNQWXTNGNY^dmg_lwvsonibioj`[ZVYVJNVYZXSQTPLUTKNZ]YYZYUKRXXX^WRWWdhbbedXR\]aYTMMWYQVZYcifZ[[TTQSZ^SFFOZZXVYae]VQSVYSU[[WVYWWT]]USLPUVLLTUQGBCCKW\ZTICDHN_a[QGQULP[`ZJKOOOKGMRTPTTOgmbKJW\]XYWMKFPY]YVTNKLICTZTPTSOJNOYXQPSMGEKQLLWZXZ`d^che\\_`\Z[YRQ\`^]ZQRIGMPRV\\WVSLLV[UKCV_^RW_[Z]YQMGJQLRUOOPKIPQQPRQRWXadde_T`ig^TOMQWJC:DOUNHAGUTLJH@BMQSOUYPE>>JJIQU]]UKKGOUbggfaXOSTTUOQPFMV]WOQS][SF>NVVQNJKEHGJTUOPSNFLR^[Yhunt‚}cQ]`[OPUWRZbb`daYTYUIMXdjaNW^YZdkrrcUPKHOURINMLIGIIPQTXURUSOSORXWVTUNIQUTKMOKJKOPEGSTLIQ^YRQPSMAOOJV`dmolpqmlm`NTRZ\XPCFSURPPPLLKFN][SQMSRRTSJ@AHMNKLY]R>B@IVTLNPJTZTE@IJFINTUOJOLQSRT^\VPNLHNOQYUWZYXRGRZSLDJMGBHNSRKEFIQLLKEFLPQKEJG@B?ABKLNPQfclof\Y_dfb`chnpm`X[W[X[ba`eifamx}wi^YUSNU`b\RPJJ;HUWXWONY^WOZhjdcd\Yfqwxvk[Wkrk\UKRVMJPRSOKQSSWRLX]UW^cgb]VLZ]X]][\^ca^`b_VLPZ`_VMRSVZ_XTce^TUOOXXPOQKJNTXUNNXhpj\LEOSSSYbd^WRPROKLSVTZ_VOSVUVPMMT[`^]XPTVK8FOUQSQRHFXVLT_]RKLROJEWf_N^cZVYdje[UUQGDMUYSMA7ALPOUXXTUSIEG[]WYSKMNS[]SLSYVXZS\gg]MS`ggf_XSZ`^[YTOJDNTVPR[ZZUNRX[Z[YNX]MKTZWTQIEOUUJGKQWVMMQW^[VRPZaba_hlhemrshSRTUOICDFKJEJFV[USOI?GNMILUTOPJGINRRTRG;??JY___fmfUUSWWNORKNXac^YUW\]WGOWTSRNPMFLIKPQKNKLOPNZ`as~zvxlXXb\RHNRRMSUTW[ZQPVWV[dll`WXTQ[_enh\ZXQLTO=@CJOLLHBS]]WMUZY^[YYTRYhndTVTJQWMDORLLOPV_Zax‚{f[\YTTPRXYPIGTYVNMHV[[\]UGDIILSV\^^_YYYYTY\XQONUYXV\YY_d]PEPYXaaZ_d_]SLPIJOPUWUVXVTNKPVZXVXWY\^YWTTPNV]ca_TKPYa_ZSbv|ve[ccdb[\[WTU[][\abggfbkp„{iif_MMT^lsj[Yb[R]hmlb`deUbhe\TTZTUWUUTTWY]b_[`^OEHOQZaiwxnjg]V[]chfdfef`YYXZUQW[\Z]chmjcedaYUUTWWTNJPSM@KGJUWSOVXRSWZ\VOPTXZUVXTMUUJBKOVYSMNQOOPIMNMMHCBHOLIEFGEMSVNPRSSSQPMFKRWSHSWJORYhnnmlmvyp\KOO\b\WYYUPUVSQQHDOX^_XQOPVSPVWNKKJTURS[ZQNIHUVPRVIKSXQFAEKQRQPMQRJGUWZ[_WSMRRPKMOLISURGIOSSUVNKMC:LUNBLHIKEGNLMSKECHTSKPSSNIMIELd\[`eaYVXY^b`Z[`bZV]^QPTPY^cfeehr{€ykZKTTNT^a^XSTOCJQX^[Q[a]SNU``YRT\[bluztdWdtwhRRZXMUab\UUTOFORQY_`^[[`_YXPOYVWZX^ZTRQ^\\^WVXZ_^_d^ac`TX^VOVY]`WVWPKP\^]TQQWci_YQUZ]XYYPV^ZUTXYNKIMSZ\[VOIPRTX[ZZYSTYZWWWPPV^`UKY_[VTUU[d`UQUXKAQ`cZLJPXYY^_YPTUSHJWYQPMHKUVW\a`\YWPIMQPS`aZZ\Y\a_UJLNQNIPY^XT\]bjmg]VRWUWWUURSRSVTPIJJKHP]\\``WMSWTGGCESRGNSUPNHFKHOWUQNSRSTV\c]W`nsneiqmYWbWNSQNONLJOXWUTVXUKA=B3KTLOQIIMFISTOLTPLPTUQMHOOJFPNOPEAKQTQOTSOHLQUVUOBKQSSUWZTONONKLONRY_\TJICAPVRHKFFIKOLHMPJHELRRNNMJIMKHHMa]WPUXXVSYefcZT\\^\^ZYYTTSV\`fd]fs}q]XYOIJWcaYVSOR[_a^XVX\VT`g\MOR[^dmqryxnhjql\X_^Z\^efa]YOICNQKLSTWXYWTXSTZURS\a\QJMTSTZVTO\]acehe`]VJPWRTW]e`_]ORWZ`^QNSW\WQKHT[_aYYad_ZYVWVVW\Y]WPOSRPSSRTUTQOMHIHIEFMPSW^YNPW[a][\\Z[QBHMRF:LYVRH;BMSRYQNQTWUTUUQLJOSS[^ZQRT[ZVRRTJKTZSRZ^[YUQQTVXO=NZYTVae^aotl]UX[UVZYXRLPRQWZSTRSMSXUSUUUY\XUMPRMU^WMKOQSOLIITZZTNJOPUSMW]YVdkkfakqkWX\VQTUIKMCS^]UHMXRICJPKABGJIINIIPW\UORTQLBIILWdidd_UUYVPOZZVTWXPPTSUYVSMFELNPSHJJJPVWNEHNNKNR[lupmyziQPN]aYNCLTTSSWZ[OM[bff^PSTPPT^_WVVXRKMW]TMPOJIKNK?GKUXRORU:FNPRZ_krmge]VRNQRPQXXMMa]Xcmj[OUX__XRSTWRJPWVNNTYX]ed]XSTRSWNHMSZ[]TLOae^T[[YZXY^`cijYSW\aaZ\_`\VVUOLOV]b[OQSOJPLJAMRXW`d[UWRDJQPWVZ`cb_SSUTZbhnpljfc]WVGR[WXZSRZ_`ghf_`dj|€rhcXUWPQ\eeachdWW^hjheb__ghkh]bkfYZXUWP?JU\\ZOT[YYXWZaggdjjga_hibclpmnqqi]_klaaa_^bdabb`cgccefdXOQRQRQJPSQNSTTPRWZ_a[XWVVUSI=EHLRNSYUMLUWZVMCEGIPSRRNDPYVTLJKMMQLVZSMLLJEGSPOWPEHQVOGISPHT]\cfhx~vgXWSMUVQVXTJBEEIPMOTVUVOIEPUTJGBAAFQUUSPNR[[XXREMTRL@?HRMCERTMCLOJLQSKKHKKMPNNRUWTNIQUSRTTXUPNJHDIA@MTQC=GNJ?AHIGKLFBINMKKJNTOOQLFcc[UXWW\WV\bb]TY[WSW\\W[`]_aimlgcxzn`UQNJOVWWV\WKWaa`_`\]\RZe^V][TWbfnv‚‹Š}nfd]]c]X\Y[b\ZZYVPPWTTUUR[`WRSMT[VXagie[TRXXVSLQPJ]djf`\XSXXUVTSV[^cb`SS[ZZZVWWXUXXULHJX]]Wbdd]SQJO^d``dbRFADEHSSRPTWSTRLJHJJFLTZOINSV[XPPTUVWUKKKNRFBTXTWSDEGQYUKLVddXMQOMLGPV\fg_PS[\VRWWSTSNQW]_WLNILVVX^XV`dYLUXXXfqpaQW^YFFKNSSUWSLRVZ[aZUVUPRSTY^\YUVSSVZZRJIGOSTXRNNSTROUTLOLEQ_]_binohqqgZWUUQSQRWNRUQNHJSSLHJOOKE??EIRSPRUQOPTYZQJLLTY^bd`\URVXZULJINNPRQTXUKORJGKRROWRDE@NSOMKPXWRJSXZivz{|tfcZOLC?OSQTTSUXTNMQZa^SKNROQQX^WTOJFPWSUQBHOMB=BNGCU^a`_\QMFIHEP`lpniib]^YQJFERTIO^gaXchc_]]WQTRTPPRRS[\Z\VWRU_gie\QLLW]YTPW^ZSNPW\\ZWOBSY\]`dlj^UUZa]XWP?JX\SMRPPVZYRVSGHTNMQTZWSHRZ\[WMPUUWX[XLSZ\\[W]cflrsvsk^TSQR^]\]XTVY[YXadZZemz„„zle[RXYQN]da[a`\baaca_b`iprjok]cjigbZZ]XUZ][YOK[`gkjb\Z`acgieZbiicfe\_ptodakld^]W_c_`dlopkgcacg`ZTJT[[YPRSTQOPUUSSX`cc^YZWZ\XORZ^ZTY\MMKNNQQIIONQJMSPCBMW\XSQPPHDBKKLNNJNPQIKOTUTKGEHELWIGSTZ`bn€†{aSOOV^^WW[YUIHRYXQNMLUYWVSQDWUSTSIHRWVUQQX^ZTQIJRUUUMFILIHJND>HOUUUXWXQIMUUPKOUSPOOQ^aVKJP^YHCAIPPRHIJD9HMH9@IJEELNOPOTSFMNMHLOHCD\X[YYZ``\_b`_]_`\UQOKQNXYRR\hnmh`hilmg\TNOJP]``[ST]a^STPOXMFY\]]WOVedZ[m€†ƒ{qjggh[Y]^d`SNVYY][XR]`YQMVVSVSRWVTTY^`[QGQSQLRSUTOWdigc[W__VUPW_bYT[`bb^_]VQWTRTYbb]]db`cbXZa`WSNWbc]TWXUMINQLQUQNS[`]WQJOUYTKPUPKY`ac[DETOHPQLS\^VNJGURNUXWVR\b_TR^e`QACBIOS\[\ad[TX^\XUQW[YVOS]^RIPOJPNRaca_`b\RUV[affd\PFLMPMMVZYZ\\WKOR]_UTQFT\deea]XSSQXZXVPMOJMNUYVOKMIDRXNQRKPZ\ZbcfmhahlgVJNPSVVUOKIIIEKNMSVKCHJOMQSRVZVXQJGNNFEMSRHHR]eghe^YXSONG>ELLORSY_[NLMKGPSVQQUNFD?MUNDGVXKLW[[_iptqrnhXKOSQQTRRPOQYXNPXXUSUSQSSSQU`]TLACVcf\O>EJDGGGLKGMWZ\XVYYMAIPNM_kjeihea_[Y[ZPLS[cdZ\bhbY[\XPQLECFINW]`_]XSQZcc_\YSPQY]^ZXX]c`YSUVV\abXY_\YKPflcRRZ]][a_WS_faTOINTLGQNS[VPULEN[XQMFJT`aYV[OIFISTSMP[\UXXZYY]fniXSULJSW[WZ^WGFJKU\Z]goy…Žˆwh`]Xb`V[^^_gdbc_VYbdb^goklcfe`b``ZX[bb_`bdb\W]_\jpiTQZbabdb[^c`aaVZ`glddb^ggaYU\b]b_agid^c`[bdcb\_b^[WPQSSPKY^YWXYZ]ZURV\aaYPRZVPQTQQMBAHDHJHS[VMSVQIGMPPQKJOQJKNLKOQMGLSOKR[[QQMENQKX\UUUPYY^gswm[NV\`]QORSURMQUXULJMKSW[XQFKZWX[XLQXTPRSVX\XPQTSNLUYSLODFSRHACLTWPLUWURUWVTO?ELOQNT^aREJO\^TNNONNUYVQMKLOEBJOPNPOOSTRTVHAJJQUTKGPR^\acefd\[RX\ZYZVSZ`_XNGSXU[ba_abc_afjkbYONP\gje[UYd\NLPNVTLU_`YTOIT`_[hms{‚~ud_faPX^hj`NPWV]edQJ]VV_XSUUZ]b]WTUOPUUTLNKNZ[W\VMPV^ba\Yime][UTYVUSYfjd_\ZWZ[QHNZ^ZWclhdg__bb`ac^UWVQPMSWWLSOMWZRQMSWY\ZRSNDIUWTS^ba_YKJGKILNHSX[XRI>JXRQVYWLPX_\Z^][ZUNTWK@Qa_VUTORQRZ[ZY][ZWU[[VU]XONON^baa``db]YST[bebYOJPUXYZ[ONSad[HHV\UV^UVXbc]]ZULOXQLTXQTUSOOUTRSQKEKTOQMHFRWUZaccddiopj_YVQSOOTUNLVTQQTYXX\[OGIMTXUUTWUJJSUI>GONGJMX`dmi\XUQMIFILJ>AMR^b`VQOHNOFJRRRQKDEFGJJHJNNQ]cddd\jxƒƒydSIMWWSUVXZXVUSQX]^XVVHCGNOLbh`QJHK\dd\SOODFFLNINUXVZYOOXUPQLPSOHRZXWZ[ZUT_ffe^\bz‚vakk`OMQTZ^ZROOPQPRXYWVYX\a`ZNMX\`_`^ZSPV_]YVVWLDZi_\cc\JIXdfbZZad\XVSX_\]ZZQERWRVUZ_bWNPMNXRJGDMXZ_[MSTNJIU`_RJXWW^YWZXSTbmg\YSGLVTLIZab[PKOWU[adl~ŒŽƒpfhbdgXLJLYdc``]_bgkjc_ebQUd_Y\\XYZX[a_ZbjeYTVSZkngWV^YPT`_agd[ZZ_ddb_bd_^ZNPW`^X_^WY^cfbVT\cd`[_a_VPOSYURDBSXX\XOFLOPSX^\WIEW\TB8JNPTNJHEDMTWSRORSOOMMNHECJTXWRLHNSNHMQXWUUOLVVSX[VJPOOQXZZZS^rxmUVZ]_YQJJJPTXX`e[NRXUOPRSOPRVVORPRONU^^XRPOKNUT?ERXSOSLEX]UKGNSPPJINMMQXSPUVTSVQNUZYQEAGNRMHKRPPRUVSICITPE?EHLNHLWWKLUQCMQSXVNNQYXr_Z[aadea\\Z^^[TU[cdaWOSZZ\`^caWQWXXmzylXMVWZ]ejiXX]WXXQVXQPX^]ZXVSS[]ei^h}„€pTVb\VW\a_WZ]^_`a`WTXWZYVVRVY^\ZRNOSXXYOPWSSTJSPO]VZY]_jrwume__Y[WSalnh[]]XXWVQQPPV`ecbd^STWXW\`XRV\^YVWUQOI@JKHPSPJOWYY\RBS]ZQIEORSRPSRUZ[UQQSV[]]SDKRTPNKJNQNJPZgf_\Z]_W=AV^\WOPSOCMSX\[WTQRYYY_^WMIHHO[XXX[Z[`ZNGMX^ceda\[\\]`^]`dbYTOSZURWYUTTVTUROLRMSIDMLIQSNJMJMNOSUQPNLTNKTVNKQ[cfbckrwuiYOPY\SLACMTUWX^[MU]ZQRVLDFEDPTPDU[RJEIPMMQQJTei``UDCGAAILD@IUYa`WMLFGQQQPLDGWYOPKEIJEMTPTVS[a__gy‚p\RLORQONRRWWVUOQ`cbZRID>DF:O]c`SHD@Tba^ZUOIGHGMVab]]^RNHLQNMLKNJGELGEPZWYafgb]ZW‚——„ik`QPKLVX^ZRWWVTIBGHQSU\YSSW_a_aa`ZORWVQLSZURUY]_XSZZ`\Y^WMQWZ\_ZUTKJTWMQZVLHGGPU[\WURRSV\VJKILVUSVUSROUYW\]VNOXRLRZ^bc_ersha\Z[WVX[_^cbUEOXVY\^bl|Š†ulqkYXTRQIM\dc`^befdfcYaeZR\g^b_^ef_QW]`a``[UXZXaefbbe`[WY]aie^Z^ef_ZX[djkg]ahk_RXW]ddggb`UY`gc[]cde`[\YQOKEBETVTOQWXWV__WPQPNZ^VNPKAHJORQLMTRTZVMLJMVYZPAGNJOT[WNQXZWNKJKHHGGMMR\[[WNNOTUUY^ZVctwm`QT][XYYTIKLPV_^RSXWQQQLHKKIJUBLVWQHGSXROPGEKVXKOV]YNNOKIZaaYNOPVZRJHFIJHJGNKGRZVOLQTQBEMLG@FPSTRPNNMHJS\YLIDBKHNXYUSSTNJLKTUHLSX[ncTRYaa_]\\X\`\Y[]]UUWWUQOOS[]]Y]`Vbw|m`][Z\`mtk^XTWTQ[\SPW]YSW\^XUSV__is|‚‚t\Za`\VTVLVagkeYVUTTXXUTWTNSSWZYSCIYYYPNSVUWY]WM]`MPW[alw|}|upf_]VQXelje^]]]VSSKHV[ZPTZSSQQLFPa`WR^daXUXYPJ?CFHMNMKDDIGMOEU_VLLLFIIMMKPYbdaZVVTOV\^YVSONKHLQVX[Yhy}jRLV`XSMJNPUTLQSLJSQTYUMMORTT[\SFOLKQUY\WLTY\SDIOQQ[\\afhf_WX^[ZYZTTTV\ZUUSQIIPTT[[UWVOOONHRX\UHEISVLT\`]XIFSWVOJEJP[aa`adr{u^QSNVRMCLMLJOUPPQPNSOHTWMEGMOQOM[b_[ZSWXRSTRT\[Ya]SFGGIKKGDJMKQXTRSNBBT\SGJJRYXVVOQTKKRPSWSQQZ]bgqyvm`VRVZXLHHEKMPNS^a[ZSOJKKKJMQZ]QAISRMNNNLQUSIMNHFJFGPVQPTPQW|jRTdc_W\[]dfhe_[\ba^VUUQJSZ_]WSWXTaoz{xk]TZXTdlkcTQTRV[SSZYZZ[VTZ]]XUOYfoz„m[^beWR`d__dhfZKLIRSVYXPRRSPKGFCEJTX[WVZZSTPUXTVYXOQRR]fitzztbWRTTOWfjldW]^YWZWLGOSX]YRKPRKDGYaXQT[\VQY[WSHFBJOQNKKHNSNJLQZXQPUOJJOVWQEQY\]WUP?LXYTRTV\XNBINX[afz‚vYNZa]ZXSOOSUNNZ[RLRPRUJJXa]SUWSMOQILZae^TNSWSMOUTUUTV]jpjaZXZ\Z[^[V\^[^ca\TM@LSRWYWVXSKUYVKJQYVLMMOPKKY\ZRJNRRSOE?>JQY]dd[Vgjhcd_TRSUUSQRMKPGKOMOROPUXXOKSMHDMPRSXVV^\MIPXYV\imeXOJNRSPLRPW[\^[UKLLA>D;7LSJIOTUZa^PJJV_^VKORZbj|†…wbUXUUPKKKNOONRVX`^SJLGC?@GHEOLNJBQOTad[MHRXTPJPbh\HLK<9JLFDPMKJNOPQNMWa`Xctsg\m~„r^XZYMFQZXULPUQKJFENOOJRPKQRVVTX^\`aZQW\ONR]c]XTNQYRR\XQLRW\ZPLKFFORU[]YVRWZUVWZ]__^WPWXKIKKTXWY\VRRL?HPRSSRXVOPPMGLNT]ebXWZYYaieTOZUPOPV\ZXVUSSSdw‚‰‹…padbb[ZX[fgadkrpddml_`faa`aOR`egf\TUW]a[T[ZS\c^RT[^\UW]^ba[]WR_fa^`dfckurkhh`hssmcV^`didajg^`ec`^VVOQTSKELSRWRLNRVTMMW^[X__XURSa_OHLNRSVa]SY\QSTRTQMSQMGIMLQ\]TNMZiiY@HJF=ISTXXYZ]^YPOTWPMQMIZcjqoe\[\dhea\MKOJHPSTPKRZWQKIMJLNRXOE=BT^ULRWZUIEHNMHILUQERUTNJNRQLMJLPLGF@9@GNVZWQW``MDRLGPMLGGN_aZUTLORUQJLHBGLMRYTMRTNJIHFLU\]YRDJUƒvhcc`Z]bX]ehhd\Rcng[YZYUYX^^UUOLX\Yapyuj_Y]ZRdnogXMTUPS[]UP[b[Y[[XWTYYago{|sfX[[\R\hhfacd\NIFJJO[VMOPPLHFKOTSPRWTQX\XVUORRSZYSRLOZhbhtwtg_dc[OJ^jjbS]^Z[``]OLY`_WLKLLJNOT]\TPTQRY[ZRMMGNSUOKMTWQHFRXWUQOSYWMMLOVRI?JWWOSOEMRRQTJRej`QLU^dakqtl[U[`_XPLPVXWQTZZUKNROB@OW`c^YXPFOUUIRXXRNOQRVZVLEKU]_`]\YWYXRURQ]]Z``YU_c_ZUKLOCIJHOZ[PSZUHFMRZXRQQMEKOTOJISZ[WVNGHFORPU]Y]dnsvog]TTY\WSPKHOMLOOKJKIQ[]RENTMHPSXXPLRVVQI@KZ\]irocZRRUPRKMNKX_`XUKFLNOQI?=NOKTURV]ccYPR\]TLO[abau‡Š†u^\]WJLTTUTVNLMP\c_ZXUMF?ISYWTUURSTXajg[KJTWTHH_nm[RPJJLKEBGOEBHPSSRPT]ef`fjfjd_p|}ma__ZPFPVRTZZZLB=JWULMOLLP[\UHAGMWegad_QOY\_ZVUU[]YOQVWSNLORSLGPSNQW]a^Y]\]ZXZ\^`b_^VMSJ@MMHXcb`]ROXUHOY]\YTUROSQMUU[[PNVbdb[V[\YNMQPIFKTUVTNRQKWey‚€€zn^[addhjkdQMOYfcbfkgYR[defdWX[XNKUUQW^a]WRR\ebYYWZ]SMTY\b^YZSV\VLQ[cfhnrkig]dprtnijhcaabfh^]bhkkc_XLQUPKGMX[XJLUVMIOVSTW[`^XMFSYSNNPTTX^\UUXWX]YTIGABMTSRUOLSTOQ[gmbVRZZOELOOPV_a\RNRWZZSQOGSYYfmj_ZX`g^Y][KFKTUIR]cbcv„ƒzkfaVTWWW[bcXNFR_ebVWWNLPGMRHEKKHOUP[fd`XT^aWPTQMTSSVNHHRZSEKNJPPJMRCLPQWY[ellj_VZddb^VOMOVVWTLTWQTVQPTUW\_XRWQMMT[^\Z\XQHJLRYjlebXNSSRWXQQSLEGUc\JPbba\[[ba]ehaXWSQOOW[ZWXVTOOJIQQPTSSTLDLNPNLFCGFMXchda]MFOX[fjaSSX[TSXQIS\\YRLSW\\Yizƒ„„}keddgqqc[UPR[eljfjli`ejdbdj]ZZhme\]YY]^XXafb^cfcca]]SW[^kqng^V`hkkhbdb^Yadeflnnlmolj_RbcZ\]a^aaZUXXWVSPORQGSYVVTRPRSTRMPPQWVURB?A@LPKHMKU``THD=6BUYXXUPKQWUOXZRTV[\SNWX\YLJPV[WX]\\Y][WTRUW\cbghkjd\MCMOIR_]XLHFOXNEOSUXWTKLQOJWPMMNQPZ]TSSRRVRMGEQYNGTXSNJFIOMCHLSZTMOTNKU[ZSIPWWXMHIKONGKKPMFJWZUHKKKRTSV]_YLKOLIJHPTL;/6HJNPQRPS‰…tlljfaa]_lx}xkc_WPVUNUYTOXYZ^gbXSLZlutrha\XS\kurcUVVQLS\]VYSRTMTX]\XU\csƒzc^`[WZ[VTXZ[X]\[YQKQYZUWUPIHMSST[_XXa\SU\ZX[YYURSa]_ZS`hjfaeijicWSV`logXX^V\YUURZcibONVTQRUV[ZT[bbb[URMLBO[PTWXYYWPPLYcg`OOQKGNQMKQWTPPPPNECEOWVPMYfh`\WTSVYXLKUY\aee_Y[]`[MLT[\Y[\UROPLQQ\c^VUXWVIISSLNNMOOTZVPXSLII\]UY\cgaSOSZVWa`[UUUY\UNSXVUONY`][]\\YRNUUYWWZVSQS[ZVZXQX\]SRUOLOXcibSO^ink]W^aXQQSLFKMMOGGNRV\SCDKCBNOLPROJFLRTMRKACPTICNNAEMQRZ[YXTSWVSLJNJK[lqnhnx|r]\RDEDCIOXYXY`jeXNSTHFECJONIQVPMT^gkcXQRV]^XMOKHEEEHMSWU[ggeaJIT^XRQ\a^YTQSZ\SOQTQU^a_`\URXac[QMK=CMJOWUOREAHOUUTWTQQNIOSZ`XWkrla\Z[WNFJG9AMNKIKHGWTKTTVPFNHESSMAJNNNNHNVKNNRQIHRWUVX[SKQKDDABOSQQSTSOMPTN;LQOTSVQID?IWWWY_d^blqqodYWUTNFOQMSZ`ea\WPG?AIRSHDILAISRWWY`a\TNIKTZXM>7>IJLNKQYXY\XKPTSONKJSSFPVVgttmb]`kpm`RXWRRTW[]^_dZ\ZYWUOOWW]\W[c_Z]YFQ]`YZ_XTeiaYYWXYXUYURTZ`he\UXVUKQYbjlkdSV[OUVSTONMPY][PDFGLMNHHNPS\bbZQNJISLGKONQTNJ[fjf[\_b^TNCCLMUY\_cdYV`]Uacu……„„{i\dea\WSQWZZYiosskfjllpqk]\um[WYZZUPW_fda^fgf`[X[a]TVZ_ggiqrhZ_bhpof\bgg]ZehffhkoqqqiX]`bbb\XXQKNQKJPQYUKIMTW[YVYURQTOWWVVSUSLNROPQXUGJQQTUOO[e^JFLSWSRSRNMOW[WQLLIMVSKFLMR`aVR[^`]VMHLLT]Z`jha`imbPR^ee`[XQONGO[]UGEI?9JVYUPKLNSGGONS\]YTUUPMLRTXXUNRUUWVSRKIRSMISVWSJIHDNOGJS^eaTNRWYQBEPWQTRHNUOPKDGQZ`XJOSSUYUJDJHBCGKVWQRTQQSRpx„Œˆ{nga[\ZX]b_cpwtlhgeYVYXPS^bc`WCLZZdpn\WTTV[eicYMLY[RPUU[ZYX_]^]]YY]\X]t†ŽŠz]Z]VFERUUUSLMQPKOUTRVWWYY\][S^eYPLNSUOLNTWSOLQOGOUVXQPT[[QMQRYr‚~tjb`hnqniaVQKGCGS_`[WUVXWRPFJY^P?MTRWXVPMOQV\^UGYacb]YOX\UPOSUVWTQ\dZNIQYYZTNMSVYWU[PCENRW`dfb[VQSW[cb_bYVTOW_ZQTXXX[ZTW[]`VGP\aZMLNOUVNMKEAMTKCLQOMMJOXistm`WW^ZZSNTXVTTPOUWSWXSXba^YPPX^]XMJOKGGDNSRQUSEGR[\OMLGQR@KVRWWOdnnhd\WXQLOSKPQOLLJHGQSROGFIJFHHRNLQKNIFED@HFIG?IV]^UQRTWXNKKJEEDKQMPRNNROKHMHDSSOHRQLLEIT\[[[bccgflprk[^`_TPSQLJRY]^UKGLFEMD9AJQOQSUZYPPX^]ZK@DFFIIGCLSSRTWZXZ\^XLUQJHFIPTMHFFWluqhc`_mqcOY\YUWUOPPQ[`_UROPELSZXWWZ]XPR\YR\[XV\WPXgif\PLU]\\VPOMNTY\ZZUYXTMNS[didPJO[YVZTPQAFW\TFLMKNJDDSYSOQW\\[SJTZTQVVRPLNOT^`^]YY^^[XSSQS[]a_]\RUTUdfiz||}qaakjd[Z[XTY[afhlfcgdgrqnaadpdefb^XTY_dee_SUZYX]dd[PXYV\hoi^SQY]Zdjfba_`deghfb`cosvush\^b`[WSUXXXSEFOMTZUTRKFQY[_[MD?HT\_]TSYTPWZ[TPP>HSOLLHENacP?FHOJEORTRIS][OCENIJOPUWQMUZUMRXYZWIFJDJ[acjmgbhpqh\YbaXIJMNRQSWXTJOSMIHLGEQQQ[XOCHIP[_^UQSPKMTWVV[\UKMXSKKIJGMPOUQEIOPNNRQQTOXbaSJINUXWTPRVUUMLMMNSUNKV_[H=EOQQPJDLQMLRXXUKCHPPRQMsqut{zhSJDHSUV\gw}r^MNQPNPKYcfh_SIRT^mtja^\c^\_fcQN]_Y\aaZVPR\ffb[]]^]VZap‚Š~hW[YNN[`YKEGHRYRS\YJRZZSQTY][YVWUPLY_V@OWVSQNMUVN\QSOIIJT^\^\Xcquqrqkahtsnnl_PNNMRUW[]^Z^`XXVMOSI8JRX_]SNJFLTW\VGPYZUXWWXYURSTVOLRTU_WMUVYY[W[\UQ[VX]ZMJPRNYcif^TJLPPY``d[SY\\XI@KOLQVUQJS\`_UO]c_SLNS[a[SMIGJVTPNMKOOOXZ\juqj_VWY]bdb`YTPRROMR[ZYVYYXURTTVWTOPQZ]SFGKLIMSMHQZWQLNNKOJEPRV^^[YdggjbZPKRMFLWRJQPHFIKONNINOJGHSTPWUL@HLOUXUVTOLLPV[ZTSOIQXTL=7MTYZUGFAKUXX[]YRMA>KORPG==JLAGMWWNQRQQNKCBIHAHJhppim€„|aPOMWepmc_jwzrh^[`ll^PW`hcOGQRP]lusd]W]dik`]\UX[_ZWIENUZ]`_]XSZa`aaelt€xe]\]UOX_TNSUQTTHOXVNSTKGO\a[abaXRSSXZVUHMURLQUVZQLHFFVea\`ggnrp^ennkb_df`[SV[TNTXZXXVSRPBEFFOJHQWQNSX[UC>AELS[]PPVZZVTQTT[b`RNRTWSNSTTOJEKSWRLXdbLONFLRTPPU]fb]]VIJ`lmg\QWadZNUYUMLQQOSV\ekeYP]`ZSX`b^XTMQVTR[^_`^^ZWZTHQYUMLSZZUXXYVTSGHOSZYQUXWTFDPW_`RQZ^XVWXQINPPTTTQXa]STXULKPTQTSPRXZ]ehrtm_PQXVMLVUJIPSNQIKMJKQPIEHIFDHJD?CNP@BNHDGLQTXUYXPQVWNFGHSXS[XRSTMMOV\X\`XSMIPNIGOPORPMROSW^c_`x„‚u_SQUUVTTSUVWOMTSNRQPMLLMGINLUSCDRWTWRTc_MOTMSOKGJOPUYWT^caWK@FX]VS[WSTPO`lqoibbfe\YJLRQQOIPTX[a[TNQZUTZ[WZ[Z[[YYNLUTQTX[YZa\XY^ZV^\RSWT^`XNOZ\WMZc_XOFHV]]\WMADMRUYbaXWVRRWYQIM[]WKJW_^SQPCKRTSOS\^__YTLTURNW`^TR[db^\WPQUVNS[hi``bn~ƒƒ„‚{fZ^lxzp]QTZbmlllecff`[_c]^bR]djnwsc[caXWfedlphbkqhcY_imjafib_^_knka_`klfcbff_afhe``a\SRYUUTVRD4:AHTUNNNFJDADJNQTPHRK=KOMOLEEOPSXZX[YTRTNHCBONNSWQWTRPIAQTGBPUTTPQSVURJEMLGYe]R[`VX`[UUTMT_dipy„„xd`ccUIIHKLILSPQMJPL@DEDJPOIJJNNPHGFDDNWQFQLMJKSRQSNOMSYTMNKJQOKKQOMILIMQJMU^]\TMFFSZVPIFIKV]ZPMQRTQJFQSNIF@JQOLDGMPKLNKB@CHKNUYWQahrzˆ‡wcXZX]imaLZjv€pb\_cc]Q[mqeWPSSUbswob\Wbgkd`aWY\VQSPF?MXWUZYS[XUXXZ^]envyshaeaUNRNGMSTOJLS]_YSRSQOVZ[ZYVWVSRSNGKLQYPIKNWWVRKHOTVYUUYVS`_cfjqupafknog[]]TGFQVUTJQ\^ZURTPOSX\SW_`ZSILPSRRRUUTZ_SLUWTQ^e_\ZTTY\TNOLGUXQQUJKbkf[QLPRNMUZ`db^[[TQ[gdb`[[ejbVEO[aZQSVRGQZfi`RS]_YRSY\ZYQIKJSX^ba[VNOTVMHLKGIRW[THU_YV\]OIDRUU]gif\MOTSURTV[XXVXVNHGLSWY]\YUPENZXQQX\WVXTYddjpkmgaX[ZQIRTUWQPNQTOGQTXVSIDHHECKVOFFLODBPQPQLNRUV\^YVPQONOHRYWWVTTPKAFPV]\`eidWWVJFNKINPRRMGXchjZ`szzpfWCHIMNPWYXVONPLDKRRRUQJEEEOUPJSYWXSYij`OMKNJLKDQVPQPKZmto_ONW^^WSLKXXHE[msndgfZSSIBLJRVSX[NU^aWLOXZXXWSNONPRZ\VQTSSUUWXU]_\[PLRY\ZWNELONJFT_`Z[`_WMMMRVX_aXJHNMROXa[YVMLRTTTVXWNCLNRXYWRKPYZTJO[WNQ\YUWTROSPRSWaijbVOVVOQKMY`c`\bi}†zƒ‡i\av€t`ZWVcfaYcgheegff`ad\`H\gnrqgZRUVcmiZ`ke\mysc^`hnpj[^Z`i]^mnicYX]\Z\ee_V_ilfYYgaVPNS\]\RMLJNY[VMAABKKDBJRVMFORPOQVUSPKKPMQPOQVVKFAEI?UbWNQNNSOPOEPUQMLPQMOLMNNILNX]\Z__]_aeghe]YWTQQXbgnzƒƒtbZ^WANPIJJMTTQOOILHGKLHOZRHIHKOHEGIIMOLPQNQOQRVYTKPMPHBPREJSNDTTNIQSYWZ^]T[^WUWVWUVXQJGHJPWYSR[]_a]WNPQRQVWZUY`aYRV^`\YQLRNQZ][YcfjsrmcWRSQILLR[\XPMT]UKNNLOQMSY]VIGLLFOVWNGCNU``djdYGJSW[^`n…|fRKIV\^\^WRNOMNSUQPY]YVTOLYc\OLTZ[\_ZVVPLLKTQKIEHJHU`YiyvfQJIFNHKMSWTPOP\elyxjb\UVRY]UPW\[XVSTTSPXXOIFRVQMMZafjg^WKKQVWQPTWPT^^YZ^[TUWQMRSJLRSQIJQVVW]\XTSOJRWUNPVUTSRTPLVTU\^XLMOFN[`d[FKNHKOOJOPQQPUVOPMOUROTV^`YSVRJP_cXQWXadgnz|ljvxm_ZSS[a[^b][_lpia\akokiga[ZX_Z\cd`cd\_fb\`gfcXP\b\ZXXZ_^[\Y`jnlmljidYVWS^ab_\`dgig_YUOOP`mjfb[UZ]RLKNWQFKKQMMOSZWMTXQLNIJONNKIIKEBOXXWWTOJUZXNFIGBLPSWUGDIKSYVONGEQ`eing\Xgonhb^^dd`_YWTH[fgbajpi^^[[\bc[MRW[\^ZTH@GINSUVTOGGFLNLKMVUSRPWWVQKGCENSJFNKGCKVWPNMOZa[QMUTNMLOX]cd`[SIJNNGIRZ\YQNRURILMIKRUK@FIJJGKQOJNJFIHKTTRUNIJSTQgfZ[au‡Ž~h^\W]]TKLU[aowzxk[_b^XcjfRPWZ\`enuqjhg[QURUYdc\]ffc[Y]aih]Z`jbYNKY`gin|~o]Y_dia]QRWUYSOPZ\RSS_d`WLLL@PYWYXOSVXXPMY[UQW^YZ\RJMORNOROGWd_entpejeUM[gpm_OKUZb`[]]\UTZ`_^SRUTQLIMW\ZSGIT^ZRU[]XSRSLKQSPNRV]^T\fg]SRUVUPJHOOKOMFGTWMNTUXTNXinj`UOJWlpdXVZVKQYXRUUV`e`WNFIQRPKPWZYTXTPVYWZ][VSSU]a\LI[aZJFMRVTY\ZcbXIOIGLGOWSJPURS[aZVY\YPPNOQWVV]_XSWYSLRSJRSIJMTT]b_`imnpokbZTSSMNUQLQWTSXZSKQTMJNJRW\ZQPVQCHFHKPUWSTWVajeVDDLJJMHO]`PESYTOMQQNKFY\MJPQRSUZYSPMDJPLKPT]c[Ym{|p`[VS[ekj\LFMF6EMVVX\[UWVWT\^UJKOJBGSWOC;BIOUODAJMGHUZ`s{t`IDQNTPKSUOHNHRfkx~seYRTVTTTPFLMMPRQMGL[`ZWPNSRNNQV[de_[ROW_`XV_`[YURUSSXWYWQNY[UQQYYSRUW\XXTU[RLIUb_WWZ_\XRTWTZZV[[VTUUKQ[abaVNMW`ZO>?FRUU_e]WSORQMMRVSTQTZ[\fh_VYZZafktxtiq~…~q`QZa]^\SWafgea^XVcg^W\a`bedRZed\ZXRK\_VY`e`\]\ZMOZ[Y`a_^\T^jmkijmi_[`__VZ^UU`eaZIHW]_^]]_`[OP[YQLKPYUHLONQFDSWVJLPMFDI>ANPNHEJTUWW]_`]\XX]_YRQRKQX\[TLJKKT\SIKOCNYX]fic^bhbafjjfaZPQQRZWX_fhhrth\YX__]TJU^[[\[YXQHMMFNTPGD=CQNJH^YLLPPWRRVQECEOPLFMRPLIPYXTRMOX[VNMNR\XMMRZde^VRPIKFAJQWWOCABHETUKEJSO>9GNLI>MQJHQPHAGNOKLJIMKGB9ba^WXs‰ŽŠ€n^[XVMPOLPUYbhv{ubT^^\]`_WURJR^aahijokc[WYX_`[TNT\a]YWVZ`digaZZ[`^aa[cpuj_^dgf`[^aY[WNS[XWVYgjbWC>NSRWZSPSROLRUMLXVLG\a^^\]`VSYYSLMNV[YRWdcUekbXND_npj`^[OT[[TRUUXZ[]ZOSUXXSQXZ\^YIIWYJKT\WOILRQTWTJNRYVQZbkf\UVOKOLBBHHNRPFGPOHP[a^UP[da^_d]Qcmka_idVMUYVKNT`gheaUW[W=JIGDKMFGOQPSZ]ceebcca_[RPNRUYYOIONIUbf]WXOahba_fbX_hd[hvui^YNJRUXWUZaeabnrk\QX]WQJHRVZ^WJHOSUWMERTIIIKLFIMQhh[NKMT\SSWNOQVXOHP[][UOOQROIMTUWRKPNQVPRPOV\[YTOECDEEEKTQAEMTSIRSUOHIQTSYab[ZQZrui]SFOMPRQKEKNN]]U`klg`cc\[[RIJQOKS[RINQMNTZW[_\RNSRRRR\^UNW\\VJJKQWWVVVYURXa^W[_[WYVNQQSVWVWY`^PJPSQRRQTRRQNPSY^UFSXVSROJKQ_bWOOMMMQZYMMKJ\gdYRWTRX\\WXWSMQSRVVW[TKPWVZcw~ujkx}um\I]fe^YZPILT[bc[]`^UZ`WL\gd[VZdfd_^fhe\\YZ_Z[ac[U]`_bcedZYSPTU\XXcfdinljdWbd^X_b\Z`ZUZaghefgb\UPQOKHGCKMNQNCBIPRH>:64:IIEEKJCAOSOIPXZ_ciihiie\MEKMDEGMOTSMUbge_W[immknm`bjkgfu}u]NNHIUXXZSOU[_ix|t]UXVPMJNPOTUQLGLOPQLOPINQJD?C[Z\Saz•|]W^giie[X\UTSo‰ƒk^bYZec\Z^\VZbeis{{sha_\LJNIO\aZWUTPJLXdkhkqmde``ijhluxq`T][XXXQJLA?PZZXZab`XMFPQHBSUUQWdb[VWLLRQKGW]OSccbTQSWZXXVOQYaeaotvwrptutonomfZbjkbTQMTYPU`aTKLRUNHV]XMDIONNPSSPIKPRSQPPKKVVXY[cklaKLRPMMNPXXVPEIFGGOPQS_id]XYZZVOUUgsqe\emjaSUVXQJNVUQOJPY`g`^]]ZZ]W]a^YSFPYVRYaacd_UX__TQKOYZcnrlZQLDQPOZZSUPLMDFRTOUUTYZOQWZYQXVMEKXWX]XNJUTJJNSX^b^__nxxrni_TWWTRRWab]W\\YSLOVSGHAOQNO[TFCIOQROMPTTUYX^gpo]NUZSI?BHONGFHP[\ZMHMMPRSKJHKJQRKLHGHHEGLTVV]hecq|ukbTS[[ba]QSSGHFLFJMLLKY[VVTY[RSVNGDIMGGLQPEDNUZ[cf]WW^kvn_QE=KJSUMD?BAT]WScv}yog^[YVNMMILQZ\RLRUQMQWVTSOOPOLHK]aZPMS[_XQMSVOHE=HNKYebXQ^`\WYLDJNSSNKOQYWLINUXWWVPPXZ]]`a^VTYUWXOKORUZQNRPKBIU]XSNJV_`]V[ZPS^`ZMOQUPPQQPRSTOOSTTapy{yrt~…ƒxfXZ[ROUJETU^lmioma\^]`]]hme^_ejjg\]cc`_VVY]^ZRISXXVZZ[[ZWWRU\_]Y]d_UW_ff[T]\\ac`^cg_[`a_WYfi]OWZUPFCDOQWYVVQDDMMFE;FPNJI@=DKWU]jh`doqmif^WOIJRRTH==BRUWXeqw~„}hXPKKPHTbgcRFCFMSMMORQRPQVVWWSYZRWVMFP[c]RNOOOPRUXRMONROW[ZVVTOT]c\PPPOHHNJTa\NKKVUIIRYYHLZ[SRPSOQUU\WWXTGCHOMOUZWHJUa_RRYVORTTV]\Y]`\WTSQQSPS[fkpkfihgt„‡}g`]`gc^\[`YVekqsha^YaikkcXXSWUT[^X[`fg[OXcif[QUWZYVX`cb^eghhecdehkgdgeiljgff`fjlnodXchY^gf_VSROOQNMMGDENRVRJLJLPUWWZ\ZXQMHHDDGEKVVN?KY`_eicb`[TIFHCDONJKSVSQS\^_ZYbnppke_bif\VNTUX_]Z\ehf]RY^W]qtn```[VXTQSY_WTWZ]WNQJ@UXRJGLTPKIM^[WVTVX]ZSNWXSOLIKG?PY]XQMIKLJT[`b`ZY]VIDIP\[TUSHJRUNJIMHENRUPLMMJNUYVPQPNKHHOOJLGGJNDEKMNNGGMQMELMU]edj|€yl``dib^]YZ_a[Jk†‰ˆ{YHV]bcXSPSV]Y\mrje_WKNSPTUUUZ[ZY]V[PHT^[Ydg_YT[iqrw~}s`XPQQU`b\WSTLPPQWXQONTWOPPVXXVMJERZ_^SVY_`_gf]V]]bcZPSSPUV\_WNTSfstkcRP`lljoomg]XW^UERTLHS[[XX]^][Y^PINJENV[_]\WVY\WVPLHGOXYZ^]Z]XQ=L\acbaaWNJFTNHNO`lnlqupfb[QRSOLPX__WNaqkbYRJPY\a`]XY[ZS_f_VQMQT[ZXNFL]npj\Q]aaca_XU[VOMTWPQX]ZY\Z^]WUQRPHO]a\YUMJCGUNOWTMNFNZcb`bWKOWQNPZ\W[]WUTVZW`pvpnvxqaSVYXUWTQUVNLNMENOLMGC?>FLOVTSY^ac_O?FQMUcfhkic^X\^TMKMLDFUQU[YUV[QNQXZPPRGPTKFQSRPU^^`a^]RS`fffg_eoqokZD]hg_VOLLXYOMKPGORORTTNPVTSOLLHOQGLX\V_lkjkihf`c`ZUQMLKQK@@IYa_YTbrw~}qa[TIGIQ]fbUEHQUTNPSSSNLUWUQPUSRONLPVWXff\NKOS[_][WSNMNQ\aXUUKNW\_a\Y[VMCJTTTNLVURRGAEHUUYcif\UVPKQZ_ZRW\XTYWNCHUXQMMQZWUORTWXXRU]^^^]WPPTSVTJM^eekpmntrv‚€rd_]adec\TPHW`gmmlg_dkg^XS\\\Y]\__\`ed^_caikbWMQWZSNOWQS\[\cedfejlgkongfhnsreXYdkllfjlebdcdYQOONTTUYTMHFGOJEGKUVQNMQHIJNPRULPWWVYYVQRX]^`ggdfbWPJ@4@KZa_[ba]ajmkgaaccdeedejf]XX^ZY_ZYfhhil`TSV]nvvjWYUV[\\RZaUJRYVXSNMDLSUVMOUQGQTUW\ZYTTMPSPPSSPRUWUPNZa`]XTWXY_b^VHOQW[SMLSZXSUUPQRPNMQLMKHGQSMNHKRQMNPLMMSX_[PLLKPTZaaitrhaQNPPRNELTTMKKM[a]QIARNFNNLTRMMGMV[`b\_`b]UX^\fqna^fjhgZXdh^QIOPSROSJIDAJNIKRUSZYJTVNKOMLQ\`[\gkllaQSMRTVWTOJLMHEKSUTUUVXbjqsnc^ZQIQbrvfUQTQPPNJMTTFAOVTLSTTPMIN]_WWYQMDEOSQUWNKJLUZahbPQQR\`[T\XPQNKLSPRPS\XJJEHLQNTW\]WUQTUTUVWUOO\_Y]YJIOQSPKLILKCFQZ^\YVZ[URR]^SQVVXTSQT\[]hnsxy|…„{e[_a_cd^Y[SOYaltrlcgoj[\ZW_^\\\[Z[^gle`^a_]XVTPW]]XSMOXa]OQZZYeqsm_bhihifhicQPX`dnpfabddac^USQGQYXYWMIKKECGFGNSRRTSSVOILO[]QXYI>IRWZUU]ahig`ZRLKLIIIP^ggfhhhhfbd^X[`_ghhig`^_``cig``jod^gf\UQ\jtz{ra\WU[YLGPKHP\]XVPVXRLUWPUZTNQQOSUSORONNPQLOOPSSV][WWRXXUMKR[`ea[TKOXZ[ZWWUTRURQVROLPPRLNWRGMYVRI>DWRMIOUNPRRUYSFOSPQPMOJ=?DFKNLWXU[[^_`awŽ’…nc_Q]a[V]^QTemqst~wgciaY`XGNU^\[bbYbddcaVJSWHSRLV][]\VSJMZ^]]c]_klqy~rUYbZW[YTVab][WPUVRLIPODJOJQZ\[TX]WRSNWb`\\WUPLLQUOO[[UQT\^XWTQJQY][`c_]cfc^gw~ytgXWLOYZTPUPQVYWOX]^\][RQRUZUPTXUUZ]\]ZQZcaWLMZOLMSQMPTSRSRQXYSGBLRY`]\_^]_gfepvo[VXX_gf\[]figYORUTYa^XTQP_ff\RQQW[`cdYNRZ^cmk`KO`gll_WVQKINTPGXc^[\^]RHJQPTTOKEMY_]ROOY`^\__VNWW[YMQ]^ZWYSWWWTLCZb\WSMS]hw|zkfff_Z[^WQQY`]XVKIJKJPNJQQSPLSXVVUUSRXSMMJNQSUUar|xjXZ_YUTGJSWVNNJW\ZSNE;?EIMMQRJPVKIR_]UZWTY_ahebrxugY_gomd\]`XNRSRLGLEDGBHNLCMXYT^YPTNEEFCN_aY\cicf]]^WSSLMQMAKQLKPPICJNJCJ^ovvja^]ZUXkun`[ZTMOUSNRVOFNUVPLPRSNMGQ\XSOQOEJMICLPJHTXRNPUTUW\\XUVTTXULSWRRXZVVRTTJFPYVSQQVSECFQRYXLLTVSMSODGINOEFDEJMJDLP\YORXb``Ž€dUT^ehd`ee[[b`kluvb`bZWZSPSYXX^`^`ilha\M]`RHSPLPU\`^VQMRRRUS]ad`_khl~vi^`Z[[SKPUX`aYQPIQOTVMMSNNMJW^W[XUXMQXafb[UQQSWYZTTY[[WVVRNPQKKNLWbfjkgdgejvz~xfYTQYTOKMU\XRWUTWWY^[UXX^`\RJGIOYZ[WW\bbWFILQOLJJKNNNNVYQS^baa`]ZXXQNPSJM^[_muq^OXSNSZ`b[Z\\XUSQUTUOLQYV[fg`XUKJHR_daXS`eeekf[POQgocTTUSLJCHKTXNQ[_ZUOLSQPOSWNHWdiaWSV]b[[UJEOWVWPN\ccYTWUWTMHRbe[ZWNNT]hlrontsgT[]^`\ZZZR\\TWYOPYX\YOOONORUXVRY\VMLPRSRNN_hs{ypd_[TTRKTXSRPTSSRPMHIGPRNPSQE@OVPK\`X[[ZUX_gmebmxylmwwpe\]^[VUL?IKOJEIFKKUQM]_MOXYVPOI??HY]QYnuncf`]ZTNF@OPPWVRKW_[MELT\ZINZ^\YRJELU[^ZPLJPPRW[^\`luvpsvrg__ZQSUTRZ]`\YKP[YQQMT[XVQLX]]^[XTNTRRPZ_]]cffkl_XSV__UHJNONFAHJNMIRRTXZSLCHNLJQWULKU^a][\PNcfa_emqmhh_TUWWRMLQX]hhlpphbome_flgba_gimpg^ad^Z_d^\`eihefhirqny|wmd^[UY[RQVZSUYP@>GMB=JTVOGEP^[QQNLOYVOLIBLY_[VTSX^[VNGJFJSJFGNMMRTQLMJLJLENRMKJOLRV\YSPUUNGKPRTQNRORUSQTVSKQUQKMHMSZXLEHPL@AFGLMUVb^bgkkmx‚‹…tbYQRR_c][ZYYZgowqs{{vnnic`_WY]UXbif[SQSY`^THNRQV]\VXROPNCJLORVYZakqogqthZVZUQ]`aZVTSPSUWWSNOSVUURW\YUUWXX\YYZ\\][ZZOS[[QIYb^XPPY^VQUUUaffd[TX\`aSP[agimwysfXIO\^YTRMNPUVNDHLNHNYXRV[[hfXORQO`d]ROOLQQNV^YSUZ][UMQ]]\cmk]HAORQSWSOR^cXUflcVPQbf`VY\ZNERWOPQMJINVcoocTSY]d^Xbikcbb^]ZQRWX`jmnljkeXTV_]V[cd_Z[\UNLHHDGELQGBDFEDDRXXQJDGD>CENRTVTTVUR\bdaVSUUakna]db^]acZUYY\gjhcb]euxmc_df__bdcioonpk``kk`Xafjkfda_jokq~€wmh]PJMV[a`[WROLKJMNNVWMHIKU]bWOWTPRPMLJDFIWXQPLFT_[TQYUQYZPLRSLLSUHAKQYVO>OUJIPMOTVWVOOQRKEKGCQSRQKLNOVTWZ[UIFIIIMSZR?BGFBANQFDJMP]Yenkgix†Œ…s_XZ[WU_afkdRO]djmw}}tgljdbYY\RQ\fhZPZ^Y\Y]PTVSTPOLLTPNNPQYZZXZV^lsxoowwm`^b\YXWZX^[TPUWUWQOUQQSOW\XRSRT^fa__`[ac_Z[UTQNPOZ[XSLT\]TSRV\a^TPTXTZeeghcb`XUalkd[MPX]\TQKRUQMQSSPPSS]^PLW`cXMSWP]gaXORPSSOIMUSP\^YWQTacacfic_JDLPTWTYX[`YWaimja[Z_YSY^YL;FSKLUQRRRTbhlj`TR]c`TT\^Zbdb_\RIRW^dnvrd]b_WW]^X[_e_POSOHIMROSH=NQLLHHJVZY]W[\VPOUXRKUYURT]WOY[RNTYXUY]]]\gswwuy~vaIIPTPNNPSTOQNPJKNK7JWWRQMZZQZa_]WVYNN\X\aZ^cemojh`UG@ORPUTSQNPDERURRTVOHGFLPTNONVYZTSWRSm~~qgvƒ~tg_joka]ZPNLKBFOPSRNAGT\^VNJGMPGENYZWUTZnyzxmb`cYHGNNOQMJUX\^PYa^VNIKLQX]][bmurk`^`_UMMRPNNSPFJJKSMKLDGQPVYUVROG=CHEJSWYXTPWXTVXKBMRMJRZ_^XNNUNQTUW[SICEEPZX[[RMLRUSJKNX[USROOOLLHGVWUKLQNNWafeXNIDMUTNNXdg\NNLHSUZ^\TPLFLOMY]YQ_ir†ztngb^\YXUXTOXfkc]\[XZY`qsid]QN_cdjrqkb__aaYUVMMQY^\VQRY^``hndU[egahgdkj`isspi\[aeaabbYW_gcYYRIEJONHGHQVSMOFGNMEEFDNU]YSPNR[dklbZWWXdjhdcbghfge^]`_bhfadijqrpicflifgieceghloqjig_]ahgebd`clohn}ƒ|oi`ONSQYb_VLHSZYSHEMTVRDFNUWM::JW[SOLQMOQLKJKNOTYTXZ[VRYUMLKNNIHH@KQQEPQQXSFKPSRPMFNTMHGEJQMELLGMSTXUOSSNLNW_]SNMJOQU\\QF>@EEQVQNIGL]X^\[agxƒƒ}i^jif`ZXYalmgUW\\huuqx{nddffZTUZ\a_WHZbZRPS[]WEPTSNIRVYXOO[ed[QNVix~zmq{{ibiid`ZWTQSMKTTNTRQVRMWXXYZWYUHOila_]^a]VRQZ]WORPR^cYOSTUTW\\XYZSLLKT_hptuncddc^\hrrfQNWWTSTRRNRbfaRSUTXZVPR^d\OGJT`hd][WRLLMURXZW\^YXST`gea`c\caRO[^XR\de`TMSWgni_W]d`]ZTMLJJIHPPORPMR[\ddaYP[]XW\]^bjg]OROMPSTcswiVQOTWX^XRTZVIMQLNTVVTSQIIQRQMFOX^[XWWVOEALQOLOUWXY]b[U\ZTUUVXUUQPV\ikrrkryt_LIV\XKBMNOTPTVPDBFJNOQNIPUUZ][WTW[YZ_]X\Xdnha\hxxhPISXVTX]]UVNMQUSRJIFHRSSONTRRX[^\SRIGdv~|rhm|vffprf[VWSLTQIOVWROICFKWYPMNTVWXRS[^^\_nxzxpha][WNHHINHEPNZb\S`f_WH?KSZ`dd`^^imjYX^ZQOROLPTXVRQKQSNFEGSVTQPQTOOPQPLSVUYZPRUZX[caYPPUWZ\WZ^VMVPMSY\\UGV]WPIHMGKKRRNKIT]\__JGPJOVRTTQLMOW_`]YOMTYXVWSOTTVTROSUcpyzjYe^Zcbd\TYbgcXT]ipqns~…}gcnkaVX\UKQVNYeibWKISTUSNOIHQVONU\Zae^\[VXkwzunpxxlcigbcgdYSV[ZVHFLOY\PNWVUZXUUSRfone^RTSSSVXZUMOPOX[`aVONRRPV`ba_ZXSHIYbdfmqhgnmf_fx~vcWURWTRVTMN_ifQHSRJ@JNSV]ZUUOJS_c__\YUQVQPRWVTUSQQRT_nusdTJJIBQ\]RO_c`SK9G]ege^^hi]MKNMNNF<>FIOTOIWZ^_ZYLMU^_YWY_jgaUY^VUWRSfkg^YSSXRY]ZTMMSWRQRZVRVTMONPWWRHHPWTRU]XPIINKOQY\ZY[\YTSYUKKUSJTUOKYehqrhcr{ycLTbcXHT\YNJS^_TLINPT[VMROMW]ZVROVXSXUQPO^ffd_fysZGJPTRSTORSZ\VSNLNMLKOOLNQNLQX_caWTUKXetsvgZfvxocdlfab_WOKLEBMV[YYXSOLMMPXVWNRSRTY\\[ktpdY]_^XSQIHJPRQXTO]]NJUZZP?GT[]bdgfbgoriXOJ@DPPKQWYVWYZZ[ZO@AITVRNMJS[XUUSVWRJOQLIFAI\fcWWZXP[b_]ZTTNNPVabZOHRUVUSRSPMKQVRVZSLOQMJNLSMV[VPQY]_`\TSUZZXSONMPRSZVUflgZRQPLWa\Y^_STSQSXYY]]fnt}xfVZeb_^XTTYZS\ed__dhmljnqnh`]\XUSTYbb]cd^YdlgUSXZQXZY\\XV\^cfhifkj_^]\[``]clppecccc`ZckbPV_`TOOQWSKLPQTSTVSEENIKOJGORXVMKOKKWgkcdsuhabefigimkkcSN\gnng^Wbhhceghkf^\fjjcdntrogipofghc`fh\Vhmkppmu}}{yocX[\[ZXXTOJNPVSQTUTNHLUG5;HEIQYZSOSPIIRQMDMSOP[]bddgnqkZJPX\XUQVYVXXTTSU[OKQYZ\YZYZ[RKV[YMLQNEJLF8BS`cZQMS[`a]_a]WPHSW\\WMUZ[[VFIRSRKNNNNOKS\[MC;COSLMUVLMWUTWWYW[^a`\]YJHVWSR^ij[W[UQRSSRRSVURLQX`cc__any€ym_^blrl^XX]]Z[]YbkjheejmjcZX^ad^SMU\_didhpoaUW]c`]XSV\^bmog`Z^lqe]^aef_YdmtofklfgeZVZ[WWZYRMMGML@DKPPUSKNKKIAR[YIGMSTMKNNMLevwecke]^_fjg`_bildX]irpg]Y[bdeee^^fdcilkfbhjnmedkfeie_adfedckibeklrx{{{vhZQNNVZZWPNUZWIIOPKDERQLLMK?CLYXKIPMJEHFMG@JRRTZVIDDFJFQZTHCACPTHBA>GOVWWTPIGEBFNSSROHIGQbbVROSWZZZMNSRVVKFCLONQKLRRQTPRXWMEHKPNF`WXWV_giv}wiafiopcY[]dee_ac`SYelux€‰ˆ~pgZYYRHKSY]`\[ZTVRV\UOJPSWa\ORRMGP_`Y^^^]eqwqvztlic[\\Z[`d`\Z^^YRU[YUWRLJQ[\XU]`XSWUT\]PLNJMNRYVWVOLLW`c`YRTUSUXX[_\]\eqrhjke__]_bion^SPMHAUZ^[XWWU[_UIMUW`cYTWSTS[iphWOLX[]b`]]aiicXP\nrl`WVWY[YWaaWRZc`VOOV\u}vb\VNNQY]]YXV\YF@OWWcoqi\\VMNQU[a`[_^``]_\QI[kj^JOVY\VQRQNWYWXccb^TOQUPJGOVXX[WNILMO`c]OMUOQZUMMVZWVZUT^`TVa_\ZVPJR\]aowtjgqtpfXLLKFO\`^Y[]XRRTSFET]YSSTMKOS[ccZLT]ceZ\baYT_r~xfZXFCY[VSRMIMXZTRSQKOZWJNSSZ\TPRW[UNIHMW_dec_`jpmglqsm`WXQGJGDZcaWJGOSOMKLKRVOHNGITWiy|rbY`WIBOTMOQUYYZ^]XRPHKWTOKKWVONHOW]ajqpgVRZ`^\[WTRWVOKJQ[YKPTUWUIOURMGIX^VGTXODNPDIPU^gf]MU]ZUZa_WQSRUVQQMPXUSMMPVVTPORNMJBDRWSB7DIPNGKUTPRVUPTUURS^_ZUNDJUSQMVbbZMPUTPNQRRNTTQLNU\dldSeswƒ†‚xkku}}taXSUYVX^^hhc`V]jpmdUU_ii`XU`daV_hml_KT^eaPPSRY^cjmiaao‚ˆcQVbec^bgf_Zkpme`\bd^WXYZYUOH<9>KTRISXNHKMUNQYYSLVZRDHKITO^pxxtj^VY^dcadgimonnmlpmhdb`fdbdcZUaffiikiejoptsljjfb_`hjihgicaZNW[_glt}€yjYPO[`^ZTUQSRJEHKIMKBMQRNIFKMQK=BPHLRTTOKBEIOPWZYPLJHFKVUPQSUTQKNPQSUWRHQQINLC=AJTVSH>5>ZaZNQX_`^QIOKKLUTKFR]c_UDJLQKHDJMKE=DPPE=]SQXZ`co|{njmvwhgiddfcd^ccYSVdkot|ƒƒ€zkc`XULDGWafmkTKTVZ[WPI@L\ZKHJPRSVXTWXZ\]fpyzww{wjcdbY[\ZYXQX^d]OS^ZVXYTW[\SR\ed^VWTZ]YWZSJOU__YTSRQ^ggbbWLRTNWYVVWTW\jof[jlffefdcgrxnbaWOSX``ZQQVVXZSIHJPSLANPNNU]inf]WWURTNT\_cgd_]]hpog[VPPOSYbe]QZ][WW\_`]hliaWKRWY_ZTWZ^]TQOHQ_kpia_XKJKR`c_^d`Z^^\]XS_hg[LGIQ\^YTRQJMSWXVXYRPQTPJEOMNOUREJRXWUVUVQGINQWUTQWWRX\Y^`\Y]\VURIIQ_cZS[ftujpxxng_UMT^c_UTSQITYUJHQWRPW\[SLSZ__ZT\`_b^TX^^^]ivwjd`UOWXTPSSQRRRV^aWOJSZUX]WNWRU]aa\YXPFOZddcc]`jnoortpc_[OCNUQNORXOO[\XIMSPSSOD?HJQirxxumb__R>EMRV\QI^bZW[WOCIS^OWTPPNJNJMZ_clwyrf^cf`]\TNKIPPOKNWVSTUSPKMMOUTTMOV\SQSMEMPBALQXdiaPNQLLPPUXSSXSOLNI=DOSPSVUURMTXVTULJCFRPIGJMHFJPSVTMQXXTOXefc]P@8IX]_]`d`VQKTVJNSXUET[VKGNTVY]Yivxs~Š‡xgl}€xgSLHPTVYUW``ef^[`c`^`feeab^]hldPUab\PUW^_SDQV\_]fnldfu‚†‚rga_ccaccabd]akjbbmleZYae_XRRVTNP[\SCMQQPMNUWZ__ZNIQNHGJWYYfnmjkf````^]ahmoopnlifbcjhabdehdehljacllmkjlklmlcgg`^_gjlkf^\`YUNM[\^jt}|q^QW\YY[VOCIKICGIUWMINR[[UKQTL??FQLS\`ZLGNPPQX^YSMINJKZ_UPVZXXSMPSSLONGMSGBHEFLKORRLQVSQUNHOQTXZXZZOBBBPQFS\^]UNPIHIHJC>BLIJU\PDJSTZ^]Y]n|{tmoutnihfhha^U]aXX[U`glgoz‚ukofYOHKQVanrfPLU]^\UKIY`b`RRY_dcghaSFCHZ_\YQPTQX[^^\ZSVXWSOOGMRNPDHT[^\VJZikc[TVPMUWV\b`_hf][_^TTVVXZY\ZULOWQHLPIBLSRPQX]ZXWRKIRVSMQUFCFR[[WSWWKB>KMJLSVTSU\feZXRRWWRX_YQS^e_ZXYfvymkwxl\UQ[dg`SLHGKPRNMPY_[RHW_TOXUUTSQX^^aa]Y\aRS\gw{xn^UVPPRW\^\XSIPZZTPFDIJTXWOJO[bc[XXWWNM`jlkhbdcedimkcZXJELMJMGBVXVWRSRLKKOVWQLQY_crrk^\USWRNVZS\cVJVZVPQQK?=OYKRTRNPUUU]a__oyxsgdaXNTSLXTQXZSRVSS[WWZQNRQUXZZQUY\YTMGHIIQSPNR[[RTTQLEEJPJLWXNMTUQR]bcaXOIGNMKV]YWVIFU[XRORNLNLQVRINZ_[ON`hg]SE=@=@CH[VY[XYbecc_apwsn`_def[\_Z[XOPU[aclnlsrvtpmibZ^eca\XTPLNQPY^WQMOJNZXPOP]moj^Z]agderxtoxyo_W[_^WOMNLOYYRSSRTO@P_gc[[\XRZ`^WUYVY]WORNSRTRQLbgbTQNMEMRSXYWQNIJW_ZXXaflib`cgfaWaqxsdZ\WTajogXZ]YTSUYUSW]X[cZMXa^_ZOELRU\RPbfd`Z`aZPOY`[PUUNNVPHJVYTWOIRVPLNRMKRSVSLJPOHX_^SKMOX]\^ZX\^^ijcaffhgbV[c_UZZUVWUX\_^^b_SW[SNYYNOPSVWRSXUOO[_WTXXVNGCFKGPNLMPWUJFEP\]WZb_]\[WSRPWbbZXXY[jwxwrosxn`YMPXTUXXWXSRX\XX\[[VNQXcid^XUTWVMS[_XWUR`hnpuyq`ZUV^`YYTPTYSCR[^cYSQV[YWZWUUNIOOS]^UTSUTbnol_`lsuvpgfcRO__XKSYWOGHQWSHCRWTPF??_one`d]TGIELOR\c[HLZ[XTTPF?B>IPPSQPNRXVTWW\\\`^^b][\Z]aa]WOMPLPXVTUULKLR[XY`b\SUSTWWQHPWNJV]]XSQTUYXZ_\OT^_YQUY[RHNX^TOSTZ`YJBORSSQTRKGSRMSYUMS]_XPV`e\OMLPTUOMNEORNV\^QGMUZ[TW`aWU``\WQINVY\\bhamƒ‹„wplfa]\WY^WV_ghjousiaa]_Z\jndVWadcYUY\ZQNV]b_YX[\\SJJTTQRZ[^_ZXZa_WZdbYRT[bffbbkmf]bnog`RQRCRTKELW\WNKNRSWT:EOGDISPRSSTTPN\\TXW_cfa_abffb^^cec`bkid_X[``fjefe`ae]agjaW]fkrn]ZXWapph`]WW_ff_QMV_ddinwynfaYYQJKJAJQNKADFLRPKHMOVSNLKMIHHFEb^ULGGNW[TTTLLRW_]SRUJFRXXUSOIFEORJIME?JLGIHKKHIT\UMLRYVRKKHDJOOKLPNPURLDGBDQSRNIKNQTQKJIMHDDM[QVcfd`YZZaahkjhjihgfgki\dh`USW`hnla\gnnkorpf`fh`WTUSRWWQ^gaWPT]`b_YQM_tztd`]ZY_do{ƒƒ}{vgXZ]ZNOLILSTUSNKMPLQVUVTWXOPYZULCTXQPR_ga^`egif^]gic_`]VSWbjrvutrkegjgf``iomecfjnc\]`\`fgaYRM\de]PUUMVckz‚{naTOTJBKQVVLEINPTRNQTSWVRNINSQQNLAGaYKNHEV^XNH@CNPX]TGNPCLUKFQVYRKMMPRUSGOQD:DJQKEKV\[YNMJNTSQPLWZTQOHIQTQBALIILGBEIJT[YTOLJHFCJQUSZ[Z\UY`^_U^edcjmaUZgjckpkea`bjszweeqsxƒ†}pebd^WSVYQUVSZdb][S\^a`][VK]ih]VWUQR]ft}ztyztg`\TVULMPNMOPIMRL>AN]hd`[TRY[RIKLS][OOVVZ\cbX[`\YXNDR\V]aYLQ]_[\VUZ[aa`fhhbcdgi_^js{xonjaehcYW]TKR[`a\ftvhTLMMPWakh[ELSVRS`jd\YZWMQZZVSV[ZUWZ]WMJINVRQSSTbhhcc^XJJXZ]VOVPLRRLQ\^\XQOR[^\^TSVWafcYQSWW\YTXUQW]a_WVPJQSRV[\^__^Y\]_a^ZU]`\UUYUNIS[XNW^[OUZ]^]TRZVT^YV_\SKGGWcc\RNVY^cjvyp_`nqi_\\]TJMW\ZWRMRRYZSSPNIQXZYSUZUSQQSY\TVY_dn‡„|wnaXT^`YSV\VLLQVW\^`__^^^]VQUYXb`XNT[WQT^be^coqlc^k}|o`XQPT\hlcY\VJIMEFQVRDGT[elqle]Y]TQMHKOQQONW_]^\ZPKKLOP@7EKMc]UQVbaTV]^PMUa`]eaba^WYWYTQQJEAPTNMUNJQEGV^dbdcVMILUZYYTPNNS]a]WPOPTZXYXRMRRUYSJJKPNJNSVUURNNXabYHNUJKTZYQQQROOKKY[ae_RS[VTTY\[Z[TORQU[[[UOCHVTTY\[QOVPOOX[]YX\eq‹ŽŒsqrgZQHNTY\Z_kg^iv{tdbd_aihedia]ek]aa\_`_^]ZV\^^^abdYUbha]hmi__bhijllcQXa]\^VTT\\ZbjjegaRQOMOTYYKMXSKOXVJOXWVPPVUV^]\[WX]\VLXhc]\_fnurlknkecYOV^htz|tospdgjc\YZdqumdefdaege\UagbZXIFQQQILRLOV^lxytuskXOMMA7GUUZ\\]^bgjmkd`]\ckilppklrqroeYagllaMCKY`\VQT^_\YPLINTVUYWHCOWXTJPLJJV``VOKHCPTWSRPUY][WZXSRSOSPX^YWXX\[SMKQZYRQLX`_TKLQW^`XQTYZ[]VY\XWVbeYR^`YUSUX]aZRLNNYXTK[b`YTMHJIKTTUWZ[VVTQSV\a_\^Zizxhkprp_O[[[\]]]\\KA?NKPWVSILTQKFQYWY\YYXRUWQRT`qzvljbSLQUSOJKORVSPJPUTPVW[VPTQSbf^QPUXYQQUX[[VUdoldcgsvnaYUNOUbg_IERVQOOOQPJUdqz|tleQSTLGHW\XQJHOWZZQG>CFJJMNNNQQMQWURNGIRULX`_YSUSW^jleXPUYPGQURPRUQNMOTUY[adc_^``YRTW[ZUOLLQQZfg^QYVUZQOJMORUZ[TLRWTUWSAMVTY[XVVIBIKNNBJSTRTRXZQILU^]ZWNEV\TTXWW]TKSVRSZdpujbgdZRGQW\]SHSY[`]ZVUQX^XODIUWU_bVMOQOPRQVQKFZkonmbVcnqj\WZaee]WSNKA@LQQRVSVYk~„qca\FOX[WJELMFNMOSVQGIMKNTUSMQOS[OIFNQNPYZ^\_[PGMS_fkj]QY\WXXTRYXSTXPMR[[YVZ[XSQXYRMX[WMFLSTV\\WNYZUSWVI7BV^][^dicak{“‹qX`[VPNOPQWYY^a`fb\__dsyvsqle[`c]Wgd_YZYXWRFOYa`[X\SM`_a_UPYgpskdcfillh[drskfa\bbZed]ZULJNNQWSSYWNKDAFLPQOMOQJNRVZ`ee_\_d[\hjmiflkfhkldZ_b_Yah`RP_begd]cd`krmaT_d`decfie]clnliicaccemleZUUVYWbmz|qjvwla[WVWXZTGMQQU[QGSYTMHPVYSVSKFLKENXVQSPIGMQLMUYWXXUY^\Z^`YPY]VRUNY`UNMVZPPNRN;?EDOJ@QTXSGEKMT]^TVURQTVYYRJPVYVTTVSOMGFMSTVRKNYKICFPVWYYXUPOYXbfkkjjkmicgjifmppkdgvzm]RZr}zmYaaY[][TQSW_b]LOYYXY\ULOLLTZa^YYVSN[ipur_[mle[QYYSQIES^b_WLEJRYTOOMYa_UTYVQLTPNW\]WMMSXY][UZX]_VMWXUZYWWNRYVNSYXS\_VR[d`XT[bdegklhaXfuukZRSQQV_edaYWYYWORMSUT`b^gjmood]SLEEOROXXOJMTSPVabWNPUhpk`XROLFHKSYZXMQPOV^c`Y[VHFLUUWYVOPQJELWXYWRNOLLX[ZSRWWOM^b]ZW^b]WVVTMHJGOYRHSXLOTLGX`acd]MUVZgjcZ`aENSQMDAFNRMMISZWW\]\RV]\c]MO[`YN[hijn{‡ˆ|h_]YRLV\]ZZ^\[VTWT][TS[]^\TW\XLGU]a]]]bp†ypcXR^`YX[UTY[]ad_dj`KYa_][V\dc^`[TVYYUNKQUU[imdRO]rxtkbbnmaLZcdaXNMPPHBSWT_lx~xpg^RHSXTNKJSZQRZZUWVSSMMX[[VVZPILS[[QZ__`^^YT\]XY`cbZ\\XVWRORW]^[SIW\WVVXSPMDQWTV^ZOTRHU__WOFMPTVVZTTWQORUQPPHBFW\ZXQVZY\_fkdQJMJRWTV]_]Y[^]ZWPEN\WVUV\ZRV]\WROV[]V\hj\O\a\ZZ]ZZXW]^ZQHCHU[ZNRTTae`dtŠ“gVWPNQURMGOV^flmg^bhjlpiflkh]W_acc_`^[```[QS^adf_[RMZ^`b_]Z_ntme`_b_gidX^eb^_[cg^[_bgdWEHTWUVUY^^WACMUWTRMVTSQOLN\imibekfdnsj`aijfachf`]_\PUabZ[hkda]W^hmouuqqke^`beehjga`__cd`V_ddgi_VPKOOMPalrqhntm^YZ]a\YQGOVVMPVICR[XSHMSRQSTSVVKIDGRWRINUNJMIIKLV^\XUJIYZVOU_VOSOR\^^ZONITWUXNKGARVKHLLSSJJR]_\VRPPQSRV[ZPHDNTVWWVUUJJPRQRQLISLCFC8T_^X_cYXSMHY\Y_hptrjaike`hvyngwyh\ZV`ihosm_U]^WZ`\Y^]SMWZ__`daZRRUU`cVVYTYZ[dswnlptoaYX]VQTUSS]\VPMPQW]TLNYc_TSSZ]RJT^dc^\[PMVUV\ZPNV[ZXRSSU]_WULQZZQX]TFRdd^aih_TZZ^deefha`ju|{wl^UZ[_`aie`cbXQadUU`gdVTdhhkhc\WVKFKHNSRPOPNMU[_ZKTTYisq`QSUTGFV^^XUVVZXTWTIQX\RARPJOUTNMLHONINUZYRNOMHMJHPOOOX^SKS]b\YYQNMHBPZWPOW^[\WRQT^ec_[RSTPW[ZadfQPSTNE?CQXWOY^]ZZ^\ST^]\YLSX^_WMQ]gswy‚€n_ZXMLYZUYZZZ]]WUTX[X[[[be`\XTQPY^\]]WRTi~€|zuh]RWVS^_XTWYYWQV^\SUce\RRV^bYVPRY[YWSIQUWQXdcWNJVmz{pikojXR`c`XRTRPJILPQboriedc^^^]YRMLQ[a[QV[XYWRPQRW_fd[YVQLAOT[XYZWQUVQSWX\ZV\d`ZVSRPQ[`_\ULNV__a\VVSTX^^[TMQOQNMP]]OKMQRRULRXXTVPU]]ZWVQIU``WNSQQVZ[\]VTPKQVYXY]\][TFIIEGP][QPMTTHDOZ][Z[YWW]\_`][]YXX]`YV[\ZVNT[XW\XGKZRUU[efu‡ŽŠzc`a]USVQP[aYSkvtngeflkmi`ee_\\_dfdbahb^[ZSQVSUXZ[emja`cfhbW_de^[afd_U_gjjkf`febdbbbhicYURTYY```a^THFHV^XLFTMPUNJN`iljbdfeemrjWU[]bga_``]][[YSZ]_gjeicW]gkkiicfgd]\Y^dffga_][^\VSWbcda\SQUWSVUZ]hqpe`gd[UN[^[UEKRRUXYXPRYZ\YTPMRTXQSYVOIEKXMQXVNHMQOLMZZVZSDHOMMFPXTMTTV\aa[QLT`\SONOGLZWVWOJKMV\_]ZYT=:HQKLMTMJE;HLILKJKGCGHUSGOVSCXNOV\aljTWcc`^WPRTU[cjkmpljii\anqljqvvmdZ[[`o{yiWccaehf\X]bceZRY`hj^TSYRU_\SOMNVZ[hqrtqt|ugZQVXZ^_`e^WMGRUSa]KOXef`VRNUWOOalncSVPJOOFKX\\ZTQSXXUX\ZY[RNJALZ^UIV]NV]^WU[_c_`[VV^djfo|xga`\^a_]`fnldagicWXa^WSZ_a`aa[Y^[JFKPPPIELMQUQSWMILW_ovkVOSVQKPdngPNQSSOUVVPXccWRPGDRZZTMFNRS[]XTVSONKIGLIIUZVYYNIU_[[^XV_[OMSXSRTSXc`SUV\^`b\VSNHQQHS\^`OSRHJB?P]^WZ^\XSSXVT\_TD?HJELPPZZgv{uqrm_ZWQMX\]YZZZORQSTPPWUNOZa^bbXW_b_XPUY[\Yhvwsojeg`]UX]\PWYXWORPMTUYXTEUZ]db[RPQX_a[MEQPLQ]cZLMU^swy{pa[[][`c_YZWPFGOVKZu~}xoaT[daUVWRV]]TNKRYXXUOR\\Zaf^UT\\QQSV\VQTNQZ]ZUV[[S_hdXSKGV]Z\]TD@LXY\abWJGPY]XRNSTRUQMMRMOTUY[SMQVZWPORZcd]VTYZXZYQLSQQUPSPOW]`b]UNNV^TKNMFFHJLORKJTMIQQNEDIPNJRSLKINPOLOO:O[__XTRWY[YQKQXOA>TKGILORPQOKNUTJJRTPMQNIKPQMMOMRP@EMMFEJQKMRIKSPKNI?Qcllg[QTY][WSUX]_[clmmkebgif^\hghjv|l_`]`lzƒ~l_cbZYZYYTT^d^T]`fic[WXUR]a][Z\YUT]jlnlftxum]QX\^\VWTRVNTTVb]XSPQXW\^XX[[V^dfcZRRP[_XERYZ^\^\\[TUU\_c]PJGMU^c]ab[XWRS\_ed\V[\ZY^`_`pytg[XTRX[^]^dlmhklf^YZ`b]^fh_USWVTWRT[ZTUPOVVRPKGKOPQRbec\PNQTQHJ[mqdTQLGITZ^]UIOZWICIV\ZVOMTURW^[XSSJC9@NPNMS[_`db`]YRNWXYaf]WSLOIGNX_bUSWWVV\]XWSJITZZX]lncWQVUJPRRMMPQOORZ]XW_^KHPNDIQSUWYhrtplhde_QKW]ZZY[ULRVXXRKRUSLQTR[]VKX\ZRPSTS\dikr{~sfhibWXUSRPJISQSVUUPQJRXWUPYZ`cUOPW^bZKPVYY\edXNTWcx…w[VY[Z_jkbVORNGLXTYo~}yti_WXa[SXTOZ^ZYVMY]\VTUSVYYXVURTWPSTGQOKSQLIQW]XS\c`^a]VROKRVVRVTRKFSYUVTUUVVRTUSQUac^^[UMJKUVRSTSMJLNNNLVba^WURZ\ZURRUURPLQZWSXX^_ZQMPVXQPOPNLIKSSLEHJHKDFT]]YUYY]d^]TOOPQUWbe^[UMKNRN=CHPURXXILQMNaia_nŠ‰‚ubZ^[Y^jmhhhcajmdene`bjjfchaZ^`\Z[`WV]_YZWWXbdb\QKO]fef^QV[_bY]fh`\elmgdcbfdXX]^\`^\TSTPFIQQSSRQPQJJZ\OK_ptoi`YUZcgfeefjijidckkegid_bnqlaW]]\^efmmfdaeib^]chcfmmedefkmda[[YOQWTNUXQLONR^b\XVahpwvt|{nc[ZYTRTWQPXUXYWX[ZXWSNHCNPIKGEJFDGRJOURHD?KTSX[RGELXUKILLKLQX\]RDNMEJK@FK@HPORKOUWQPSPBKUROMOLHQTUTUWSRPLSVHFMPVUXYXPKF@DJMPTTGU_`XTTTSPIOPPNNOPZiqlbcbinnmgfe[[btxwuiURWfy}pZZWQRXYWSPXV]igZYYXYXQMXYVWYX]VJY`adgmu}€|m\RFOWZVJEPU^c\]\SXZZUP[b]SS[YUTW\[\^`baYLT]\ad_bfcZTVRLY`_ZTV\YW[bf`\YVR[b^\_ZY[]XY\cjkkcfd_STS[^cd\`bjjd][[\^^^^ce\IH[]XUV\baZUIBOY]XUUPQWZbkkfWGSUSMAMY]^c^S?=HLLPWWWZ[L=DIT_`WSWdji`[]`\UORO?KRMLRWXYa_\ZTUUTZ_bb]YRHE=@RZZYVT]]VT^feYNPGIW_fgkkbaZZba`^QSRLOPQXZX[YZ^_VIRdieYWZXW]ekkamrj[SXcbaYMQZ_ebb^VMQRQSNQ\]WTUTWZYXFI[dhhm~…~rlif^TMRVY[UUTVXUMOPRTS[WS__Yb_RP[WU[[[Z\VZfg^STWW]qwpg_VZYZac]QOPMFHLLbx~wjhd`YIGRSXSGOTPS\VOZ\XODHMSVQJOWVMGR[\WXNTVRKTTVUORZY]\RNUQLOVZZSPQUTNNNKLGJORTSQTYeg`TUZ\YSOMQMOPRQGBCMSUSUSV``YWXQU[WLIKNIR\WOEHGKMRYWSLLPKMTSQPRRQLLQH>6?JMNJFSWWdfZNDGPW]afga^ZRRUVYRPQQTXYYWOQKPU_][e{ˆŠ€wpe\`b[Ucioqjgntnhlhaa`hnjih\[[]_e][LK^be`PHU_ce`[VUZZTTQR[\_]XZ_c_aggdhlr…{lb^]ZYWTVRHGGV\YW[YPLSSRTQRTismfaYUT[abgmkcfcda__aaiqoaX`ihb\[Y[]fniggb_ce\^egkndaec^^aiqrfWRPNSWVUTOODJIGFKPNCNYXNFMOLIMRYfdVHET]a`[\dijh_Y\b`YPHIKXZPFRXWZ]ZYYXWSVYZ]\SNPLQSOSWUUTNS^cbbbc_XVYRHT^ff]YZXU\]UVbVORMSYRMWVZVMKPLJK`icULX_[[dswllutj^]_dd^PNbia[_a\RLEHCHQQOLV[]cc_\WEJ\^_Uey{wqaU^ZPOVRNRQNS`c`WTVXOLRT^dYLZ`ZXUWY_]Z\XVckiecaVMObqusekhXPW_ZMLHKSRPTfmi`dda^XGDIRLIRUMP[]WX`ba\YVOIVVPRURSXYYYZY\[X]WPVZTKPUSTYWKFIX`ZPF?BMVPDHRMGJNPTWOR]d`WTWXRRSQNJQOMY[XRPXZSIMW^_X\_OBLLFMNHGQ^]VOKHH?DNPSNOXQKLRSQMJRRPPTLJMMC?IIIQT_lla]^YVUbjib`\TWZWVPVNFF\b[YXMKRVTW_mty~ƒ|oodX\_afkiiha_illid\Z\emmec_^]Z\][Za\`\ZVNR\^]bc`\YXRKNSU\accbbbbb_aa^[_f|‰‡zl]T]]YRNPCFOQTPUab]]aeaUTZV`fee_UY`gokligig_VXbfc[hporodYYW[[YX^fnma_abdgdcjhdkjefdffbWYbeaage^XZYWVTTKKCEFMVWOQW]hutnspa]__\IKV^^WQV\[][OHHMX[VRJMRSLB@GILPUXVOELZYQVUQSTOSYTKPTVQKMTYVUYTQPQRPPRQMNSVYVMJLLBEMPTXVSHKW[VNPRVTRRWTNQSKJLNSPGNSMLOIIHFcaXYYWOKMSWRKOQUT_dgcgh^U`nyzulhc]fq‹…wpdXVkx~udc]U\ebaa_XQS`\VWKPZ_\SQOSRPNW]\TS\clsxx|uga\VY[WROZVKY_cdfe]ZZde`XQHTUKQWTS[XSXZWYWPU[__YZV[eeVN[ab]XMP[__\WOQWYXZabVFKTWUX_dfmpnmdbpuonppsneULYa`VUY\Y]]\YZYZUMP]hnk`XRMTQSYYRSWRO_cbagf`UGDGGOUTUJWb[QOQXZUMONS]_WKHUdh^YahlfURQ[\Z^YTSdoj\X]XRXTS\^VOS^`SNIBLTQYXSWRT[[VWTV\cdZNY`^YY\WWPX[VOMPS]]^ZUQOSOFGQW\QNYWVTckg\RQYVSW_efiqusl`YVUZTR]gfYPPMIJKGMSSLMSST^egggaXLLU\a\fntulZRY]_]_^_]W_ddb]URNQW^^akf]YXY^ZYYRTUU]]]dkkdb`WOat€}utviHKUXWYUNLOT]hsqkld^]^UIDGJBKVNJXfbYXZWXX[VNVSOT[\RVYUTYXUOTW[UU]\[TOROR[YVYSJW\[UKNOPODDVVUWVLPQNTYY[\USZYUWVSGNYRXad]TW]\TTXVTHN]\KKMNOPPLRWUTUVOKPIDIIFLVUOECBKRSQRPSYWRUXWSLPQLQ^jpgUQX[Y\c_UWXVXVTQMLPTQKV]__TAFOUXbp{vrƒ‰ƒk_SOP_klfdffd^db]_edadigg_XSSV^bYU\edfcSIS[]`fg\TXZWWWOTXY`b^bffd^aed_blstqjfa]WTQKJHFNOPNLZdcejok\VVSYglje`aemz~}yrj_UW^``cr{secgfa^TOTY^djndU]hijebjh]]a_]^bb`bf[V\_eifb\YW[^ZRVUROP[ZQJOVZfkhnsi``_^WLPUXVRNQOVYURIGPUVSOJPWRLNLGHMO]aaXONVYOILIHMNUWSJFN\_\SPXPHGMQNM[]SVVNGHKOSSOKGC>FJOW[XRKLNKKPW]^SRSNEFNMNLKSWONKMJSTMLJ]UUW[XOPWWUJBMPTXYW[adbQO_nxzwoj[\cr||€„}l\Zlx{qhnma`cb[TKOUZ\\_\ZSZ^SIKPTTHJ^_YU]ZQcmt}zocd`USXWQVVVWTX\^f_PPYVV\ZKL]YKX\XUWTX^`dXTZZZYPT]XW[^ZTNJYc^QTX[]]]ZTUUV`fd_OR[]WSQVbfgilnjghkqpokdhbUOT]^ahd^WQRWXXUUPGO[_bff`ZVSQSSQUTNWcaWYeieaVLMSTQOKEP[WNPHHRRQMOT[^YQKPfqm_VY]ULKVZ`\^\WSbordW_^XTSKOR[XPX`ZKPRQ]^ZZOTV`ijg][[^bbXUWcha^\RIOYVTVT[^_f]TVXOKGJZ_[X[Z_YQWgkdZUTUVYUWakljlmifcUPNNU]`YOLOQKE;JWXW\[XNJV]]Z\ZTOS]_YZ]huyq]R\cca\X[SW`c^XZYSMS^a^dg^ZZVUVYXNOTUXaflmhc`^ZUYlz|srup`TUVYc]YVLNZozwe__RGSWLBCLG=IPPQ^]OHKSVUSVV^YKNZ^XPQSLRWY[SQRVRUWZ`WDJNYdiheZUSZ_YTPKOKGHKY`]SOSLOXVSYXKLSVW^^Q=OWY\_ZSMOOMT\_ONUZYTUURGIMPZ_YHNY\XWZUQNJFNW_^ZNIQRNHAK^_SLOTRLMPQR[`hcROQXVS^]VNOWXUQOPMMPQUVW]a\MNR]ec_kurrˆ‡rcYVeoogijdcd]`a_c_\jppcd]\[TZad[\`\]eki`[WW^afbVVX`c^OMVY`a^_^a__]^feccgcad`^a\RT[[[TSRXgjiikdbcifaa^\aghdaefeluvvyzuldfoog`kpodagppiRPfmj_`mnd]ba\_\^][]b^Y]gjjfc_[`bchd[[WPSX[TX^\WNOSMIOSY_ipt{|re]YYZUPQ[ZQLOQWUPPPTOLQOPUYXSLFGCKORZ\XKJTYREIMQVVQOLIIS\_XMSTPIDRVTY[WPOHADFJYVQRGIJMMGQZZWF@INSGNX^VOPN?FEFNHIIIICHQMV[TNMLT[[XVWTT[`acYKOR^eb\ba\OK]ltxxtlklnpsqv‚„xcdahstwvvuh]Z]XJCV`_W_c`UTb_TQTLOMBHYWOW]\cmpx€zgU`^UVP[_VNUQUaehcSRXYNKZ[O^cWNQVPNU_[\b_[VSVba]WVUVVWWXX_^XWWOOV`e]Z]\_`]\ZVRWURVTUW[cdc[ckhjmvvf`e_VJVY\lqiZMOTXVSSZTSUSSY]^YUNQVQSWUGQ_bYLM[bdbVQU]ZPG@N[YNPRD;FNNUXY[PJNN\mtlYUTVVORV[Y\WVSXdb][]`ZWOGCIZaYOWVKKOOR[WPQTXajid\W]_dcf`Y[a`\`^Z^a`VRWaic]cSQZ\WRKRUPVZWYZMMZ^d_WXWY]^WT\a]iceijeWUY[bfc]\[ULKLNSV[][_\MPX[VX[XSU[_TYa`fptnf_dlql`UW\VSUV[]RKMVXQSVQUWXQKV\WXY\WY^cf^chgcYU_itwwxsk_YUXWQMFHLLg}€mY^ZQBCCAOZYQNRSQWXQRUV^aVOVZZZSSWTQLPNMPYYWTKTSQSRRZUNPTYba\]`]^^TLKMLJMPLPVVPPPIJPSQSZZRPSUX``ZTLNQTLORIMUVYa\PZ]WRUVL>=FKT]\QHJTXXZZVPGC>LUZ_ZLIFHPTQ^f^MHHEGLPPSW_b`]YV[_XXVQQSTPNQTSMLRIENRXXUT]``adb`kxpz…„~n`Wgs|xljgfeb__ZWU[Tcjimkc^[XUYY___[`hle^ZW]_c`b[XYgh\JY\]ZY[\ZX\bbjleiolooidikfWR]b^RKS[ihechi^SZ_c[Z[decfega[aahnnpngervniig`ba_dg`SXdqskSaihd^_`a^ZUZbb_aflmlbYU]ec_gg][YPIKQRY^ZUJAHLFR]cedgkx€yiTKNV\UJQYYZ\TRRPNOUMEELSUVPMQQWKETUWUWRNIOSJJMRWZUSVPFPZSMOMQVUPKLPVNT^ZHBFELVZ[ZRNNNLJNTZ\YPHIRMQSVSHOPA;LKMLGLMQQRROSWSROIEYSWRT[]]^a`^YQKXfdb`a_WNZilkssmllilqrjm{}voiX_lruz‚€nZZ]_ZZab^[iodVY[ZTNE>NSPRTMPW\cknmw{mca[ZXZdb[[`___a^WRPXYPP[XRZSQUS]Z[b`_dhlmdY^gg_^^Z\`a^V^`VLNQSQ\bYT^]WSQ]d]URRROONS[`\UKWdc\[bklqmhaZMIUfql^TYWYZ\]aYVVLHMQ]b`[ZZZTTQFRWakh]PZ_XONHNVY\YRVXUSSQLJNTY_cfc]ZMEYdhb[\YTPOUYVUSS[[WQKSY\WUTOUY]]WNIU[ZX^\X[WUUV_e_TXXXUYaec[SQQ^cc][Z_eYOW`eZKWWY\WLHWXKS]WU[YQVTTZWTSLT[__[YbkjgnolcWNMQQVX[^UBCR^\WWXRSURTZWQNPOLLWWSW\^t|sa]fjd[EIY\SLWYZZTQPWTQVVUVW^\X[WU]cda]Y[^Y[eif[XX`hqvtpgTOPSKOMFMQPfxscZLLRRKNSZ^UKJNQQRNX]X[_RRYVXZXXXUZXJLFKVXUNZSPQY\XQSTOJOQSYYQOYVQPKHIOTXWSPSPMNPMQVUNEGTYWOMRW[XUVVSRQTTHCLX]][X[[VTUUUQLLKELPQUTVUPO[_VFELW[Xdi^RNKPUUT^^RQOMURNQW]hicml`UVTQTWLBPTSZ\YSKRVKHPXYRPV^_^abhmx{w|†‡}m]\gstmkoplji``ce^XPS\agffghji]Zb^UamhZWZcbZ[`c^X[b_UWW]`OTdf`^adgmknsootoeaaehda`^\VL\ehbX\cge\bgeZNWfia^gplc^grjd_XX_hghcchmibYZe_RT\dbb`\W`_W\^^cdeefbfdd^[_][^b\TOUVUVTPMIJLTTSUKJFGNNP\^bfmnlnncMIJIHOSSPQRFCCPXVMGNPVXTOOTY]XRXWQQFNNKBGJLOMOROPWVNKXXQTQRRSSQQV][NXZSHIKMWYZWOOQMOSOMHIU[\RKGGGHJGHDA@HOKNLMQONR\THIKMJLKI_MIJQYWVSVTUTKT^]Y]]\TYY[dagqnkpoouvtgcqpsvsfkqwvƒyn_`hfaW[]O[lpokc]^[URNHQQMIOSUVRV`l~ƒ|qbTS\_baZV]a\RRZ]WVTSJV\YOUUZfcZ`a^VR]dfeefcaab^TS\^`\^dh`MDSYVV[XRTVRVOKQQLPVYPNUXZWTNPPQ^`aWUitul_abTPXknaNNQX[Y^feWOHIIOTZa`b`YVW[RPX^mpdMIZbe_VKCIPSOLLUYTPSXTLIY[[Z[ZRWbgmlbWSQNJNTYXNIRRIO[ZY^^__XTWZZTNUZdc[]bXY^_XWV_b^]\WSQ_e_Y_b_Z[[^a^ZYSKV\^^Z[[WZ]`WOUVNT[^PFR[YWVY``TJNPX]^^gihdfoto^JFJPYXUTSPSLMVRQROPTQQXYYSRW\ZQST\ZMbq|~{offf`YJHOUTTVRW\_]WTW\_ba[VTNKPNGP\eaVO[gf_]]\^a]MXlvwqhZUVZVJKTWXZZbjd_^TQZ__\]`]SPECNUUQWXSQLVXULDKUSOU\[XUMX^ZRNTNUZSMTULMMKKRUOX_ZTPKLKGRQMQTQOQQPYZUVSCKSZWJBKXZXVVVUXXYYNIMOUZSOQOOU\XQT[ULHZa\TYc]QTT[][ULUW[chaSTZXQJGMOVYULU[UXYVX^bnrjWMUZ^`XIJT[_^ZULPW[WPRWRJPTYa`^]gqywv…‹hW\jniinnkiq`afc[XWQWUU[gnnrph\]cda]\\UKXaeabfb^_`baURWRROQ[[SYab^^crvmdhsrokdWajfZXVPYeihe`cddffcYQSWbgghglnjbaiiddbdgdegaXajkhmdgifc_[YWZYTUcecc[[]fhda_[V_adebb^ZVQKGIDDLTVXUUZYUUUVNMNOSYaffbbq~ygQLLKOTWPGHIKONQSQJMRTXSORNLJKMRVWZQSOPRPRTPJICQ[WOMOPSSLGHQUVVZWPRSIGKJDJRRMKMORUTSGILKT[YJCKNGHPVN6IPSXUJHSMAJW[VPNOMLKHKVVMOTZ]VNIGMRVW__Y[YTS[\Y\YXfi^\ilmrtqdeiq€…nio{~tsm^\YUQOKKNZmwpeVLVOLRRMDD?CQQUXZfr~„ƒtcZZ[W\\WOV]\\^]\^YX[TS[SV]]agjc\]YY^\\]YX_ed\UUTVYZXV[jkf_UZ\TVYWTUSYXRRVSJXabYJS\b[Y_cd`YY^`^_n|ugd^VYcie^UMIQTV]aYIHKKLKKQ]_`VNR[YVS_nrfK=P\dd^UOMGHGHBM[`_][\VVYYVVURBLbnpkZT\deYHJKMKOXXOWd\Z\[YXZ\Z_c`RTY]a^WRMHQTZa_]][YROKKXdg_]_de^V[cc`WOOY_^Z`cb_Saca_YZ\WVSXZVUWYTNW`dZWXTUUTZZbgdXanusjXBN__YYSN]]JI[eaNEY^XW_c`ZVV]ZVZcbMUcgr{{thXXa[LHORRZXQRU[_`[]]VSRSYZVZ\^^\[]WU_kjc_VOU`\Zbgnpic]TQTVSQUS[doplfaaYTU_^TY^ZX]_VLT\ZV\]RT[UQRQ\`[PNPV_aZRUYUQVZ]ZSNQOMRVWXUO^kfWTSNIFJKDIPVYTPRX]XOJE>ITYQGNX\Z\ZXRY]ZSQVVYVV[YVQQW\\PNZ\ZUT\YOWa_TWZTSZ`[ULCOY_RMLPNLPMPZ[VMFSUSSPN[kpqqfQM[_\VTXXZZWSOPMOPUWPPUTQUWVX[\aakrvƒ“‹xlohjjghiojb^]flh^RTYYUSQ_ac`__\Wamk]WTHQ_b`ZXPKY\]XMJTYVSNIGRW\bdb\bjg`ekdclmdQX[VXZX_iiknf_icahaVQY\[]fiecb`][\`ipnfdc]_f\Shtsmgbc`_aaeeb`\\bdigc_[\\W\db]edba]ba]ab]UVTNJHOYZVRXVSTSQQSRVXUYegc`qyr_TURPRUQLSRONSRPRQLJMQY]XKJTYTTNNRMTUI?FRVURMIKWZRKSXWOJIMTTQPLMLQSTW\ULHHOLOTPWYSTSIMPUXVRDMTNMOXYLIQRXXNMSMELSSTQPIKTQFBDIVPTSTVPLJMRYZab[XVRTPMQZUMR`cjrwtrtv{|sjn~ˆƒths€usyugWUUWWUZXWZdgbZ[YPJLLHLPR_`XXVQhw~‚wl]_b^\VTLPU^b^\TQOV\VVT__[ZZcd[WWXde\PKPTY\^WORVWZ_YTbe^Y[]\VUXWTRTVVSSTLOQNYXIO_eaZTV_d]T`ggbeq{{ui`[V\caeeZIJPLIPWSPNLKNPPSZ^_[SNRTR`w}seUPTVZ[XQ[\QGHKQVWZ]`gbSKORSPSJ5Nelg]OWdhcVIICGPX[WVWSLLNT^hjh_gidfgb[^ZOMZZ[W\ec]Z]YQSTSemg]ZV[dfec`\TNPQT[baYY\UUZYSXbc]WQNRX\]TQRS[\`XWTXWNRW`ifYY_ahnl\KXXRSZTOVRWfgdXQbh`TTXY\^XSUTSY`^PVakv}€ylda^ZSNPS[^TKU`d^]aaWPNQMUXZ^`a]YWSGIX[W[[TQUZdstpuxnc`[WYTPSSHZnuthc^WSDMTPRVKO[^[UU\]UUURSNNXZ[b`[VPGOW]YUVZZ[VLRRUTOLOOQT[XRQ_^UWYNRNNQSTOOWZTJONLCECBCHRVRKQTWURSSQOXWOSVV\VSVZ\VT`f`SNVTSNJHIWeaTPVZURY][RG?BTTPOLHJRPQa\ONGNUHEJL]hegqo]KCNQMKNVVNNUTNLONOVROSSOPUPNU[[]\dw€Š‘Ž|mul`lnm^ee]__Y\^^]]ZUYZZ`^YWVTPPWcdYSNOQQX_[\YKDNYXQJEISVX\[X\^\]]^[^`^^`cc]cjcYQNR[[[adbZ`]_hjdb`\^`c`Z^gd]`b`\UXjy{vqh\bkd]t‚†~macef_]hjefkhfc]^X_^X__XagdeikjdeiglngXLRWZVOPZ\^_WA?LPOSXZZOPdkgakuxj\`]TOTURZ[VQQYWUSOCIDN\^TPTTSMSWSNOWUK@S\WTQMM@AHMRTVVNLOTOHGECOPMSW^\XTGCNTTTV^YPVRONORONFBSXSRSUUTRMIJHPPRUX[RGOPJGRVO@8AM@LU[cbZ[[V^aedda]WSMHP]VDIVZ[nv{}zz{|}}woz††~w|ƒ‚z{‚{ma^[^b`bb\Z^`WVVRVWSIQNJR`a]_\^ksv{}vme`ba_XTVSZ`]]WQLMSURS`ee\SchcYXY``XUROPXYZ^\ZRQPUXWYaUQTSQVVRPEANSSMMNANTNNQORW][Z\ZRWXY`d^_eabgmmlleYVSW[ZUOOLT]_ZQE@DPXZUSNTWWSUULHdusi^TMNX`\PSZVPNLQSTTU]no\DHKFIMMOPOW^d[QVYa`XUSSY[_b]W[YNKQ`oldaehfebe`PKHJZe^UXfh^UXZ\]]_bcaZYTSX\`^hkf^\XSVcf`^`ZTKNSZZUPIKLU`ed^[XRQ\^XOMQOVYY[aeaa`^kriYLVYTTYWY^Vcec^U`ki\NOU[\\]XOHKPQU]_`m{‚yl[MTSNOQRSNLNTYXT^a^^_^VNNVZ_cdcb^STae_Z^_][[[hlnw€{j^WPRWWRSRK[t|pUUVOJRRQLTUTZ[]XTPNNQGHNORY\_d_RRZVJU_\SVUUSRSZ\RPIPUZZVTSPPRRR[[XY`WPJOQPMSWQMNQYSINKPMNNQMNUUIEOPHS]VOIO[_\XX``[Z]YXYXVXXQIIP\ZPIILNPONRPPRDHW\UMIQ[\W_c`VKJUMEIOOWSOU\^[UQRXdh]JSWYSPQSY\WRROJZdhsyzspw€„‚{z|~wou‚†~|oec\WTTZ\_]`dXNOMTUSXbdXJKRS`cWShrssrob^hifXJJPV^_^ZXTRVYWPR\ecV_jje`XX_WX_]VY__\__ZQPPMNPV\^\VJRWXWSMKOUVWYQNPRQQY_c_YUTXWRPFFTY]ei^Ycks{xhZ]b`_`WMN[caYSIASZ[UUULGRX_[[VVVgql]NQUU^bXNC@GIQSIBLLM_jb`[SX[``be`PQWVUSWcc[QQUYX]c`XSYSSZbmoedc`b[QNUYURIN\\SNcqn`YTUW\hqp`^e^[XX]\djfda\QWaid][[XWWchcSNTNOX\ab_^`[WWWXRRLLZ`\[djia^`ipk_W`e`[^_a`MEU\^VTYgg_]\ZVUYXZODMOXddZ`r|}zvh^]XRLJB?PPPNQLQZUW]c`ZRHKMQWVRWc]]djg^W`gc_`]dkv€~obZTPNVYQPVPZkkff`YZYPSTVXXWSUSMQRVWOLOR[`]_c\NN\`UV_`VKPUUPKQXQGBLQXZ\WQPPRRUZYTR]]SCCJX\XQMKMT`^SSU\[SRQPJQVVLIQQIRU\][]SNT[`b]VOJS[ZNJ]a[RJNWWVMKKOXVXTQMOPYb`UHJ]cb\VZUMMQVUSQRPTX]ed]WWWSOJPXRJNQOMLOQSTNLXaYQRV]]X^jhaju|…†vfacfgolhgg]VXVTZ`_VQU[\ZSLTURNOTWVW[]\^b`Yded^TZ\WSN`fZQWSSW[\WV\cc`Y_[ROJ[b_]^ajplZWakgZ`jha\W[cc^\ZS[afec`bfbr|tafjgmwƒthgklf]_gkg^WXZ``ZV`fa_ecca[]cfe^be_]hid\YUQPWZ_^XRLLFOWN?AHMRTQSOQX[Z]c\cu|xm_XQGIZcZPIPQKLSQKJUQMGF@GLRUVQTYSPOQPQSQG>KUQFHNRSRQTOPPKHJOOLS]]RVZMRX[QONLWWPPNFHHBLTSRWXRS^[NLONHCNW[VVX\]VKHOWTPLCNZUF_^[[\\XOQQ\faSIIOTVVTQXbcaZX`cemusjj{€„†…€{{~yuz†‡ybW`aa^YY\Z\]XLLSXZUY`fc[XTJVdaX`nplqyrhcec]TKW`dd^TQUQSXTMLP^daWY__ZVZc`TWVQTZ\^\ab[QUVPTROXf]MMSSXUWXPIXXVNLQS\[X]]YTYZUKSSRILTX^inhffdltoa\^XYc_QOYefXLNLJLNNY_ZOIT]_WX_do}}kRGORS^_XOMSOPSSMKHC@RW^ecZWbfglj\PNKSW\bZQRY^^ZX__ZWWSKS[a`aYWV^XPMPZ]WMLMHKKUff_UVY[aikg\T[VSWZ[]bb\W__\Y[^ggYVWTPNif\X[VV\bb_ZSR[^Y^ZQMMKV[\[cfec[SYfjdajqk_]`_YQBLVZ_f]Yb`a`\WSPIRVTRQX`aXWbmis~uifjkcZY^aVLOKNTNYa[Z\[UTPNOOJR]_[ZXUORU[]Y`a\dlrkbdc[YVWYNVRTULRcieU[]PNSVTTTNU[UNQUUTZUNMOVZXYQMPYVRSTTJNMQPOK@QHJHLX[[WSMRVXUTUQJTXUPUXWTUTONRRRY\ROKSXLFHJMQKHMRTVJIO[c`[SHNSTZ]WH48IVTLPSVWQENQVXXTQSTWUSTTMS^a\XXNVYWNOX]\SOVVRW]\Z_knh]Y`]SPUYSJRXUSPV[UUXOW`aXSNW`bgjnghooŽ„nadd`baipmf]WRHIIRWQNUZYWTOMTXSOQPV][PS_^VY_^[ZZZXMNVP=LYXQTZZafg_Z_c^W[[_a[Xcf`ca[YZ]bXXgkbYQNZ_\XW[[_jf][`baemglwyoimptnda\[QS[_fg\Z[[ZZVRU^YZbca^]`djonmc[RW[Z_`]VORUX[`]QH@GINQPQQQX[THIPUSHNNMLNXUQVRLQLHT__XPFHOQUVTHQRIIJIKSVVPKQRRLOOPKIEFLY^`[F>HFHLQUXUMFGKNLF=@UXSJ=CJXUZ_SCUcecb[MTYZXY\PDLOSTSTW\_^bcbhjgimiinmdfpy~„‚‡‹€wokgda\ca\Y_mqf\^dhbZYa\USRMKIJ\hmzŠ†r]YYSV^a]QRVUNO^b[WWX\_c_UXa\[[^\XXW\YUTUTR[ZVVWYUV[[UW`a[YUOLRVXTMSVTOJFMPWWUTYXVSZdbVIHGFHLNUWZ\^gu~lZWage[RWYVTY[O@LT[^bgg^UK=NY^Z[^^XODBHJOUOXbcUCEQTPT]\WVQG@DENWbe\OLORWTV]caUJGNTZ^e`NTYPU^`_^XZ\UNVfh_TKDQZioh^VQScrpYEOXWNQWZZUTRLPUUWYYV_aeonqhY[UOOVZVZb]P[c_KPXTZ_`\SPKPVWYUGPVZ^dih_STVXXZ]NLVX_jme`[VTWV\[PRVSTW[XXU`edbix‚|nXNY`]\^]UTYZ\\[]UXfeVKFW[\[WSX\\Y]RTkkiiaRS`degklsvl_XTVWRLTYV\aaad`UNQSRSQW[^]]UPWXNJLWc`VOMOQUUWPSY[WWUY^[RHHLJ>DJHGWPLCDTVQNMR]_YVVSVRSNQTRNMRNOWVKJP[c`Y[ZY\\SQZ]YVT\\TV\YTMNOJNUY\\XMSTOLMQMKKOWYXPIQYWVTU^dYXbbXSYXLJSRTOLKSVVZa`ih]PQSWWX_[SOVX[VJKWVNNKXdaYTJJTNDI^komddm•}mkmiaedbbd_V\efa``YMQUPJRUSQMJYZY`ZVW[YWQPURVQTOMJSWVJZaaXR]gdRFIPQONPQ_d\SW_\Xaa\bdgfbTRSPIZhljbhidhkhktskhjprmedgfefb][YZX]QT`^[VQSTTROY_hiipnfr}ynedcbed_WSOOYb]OGKQKPVQFHU`he[TGJJKVXXSW[YWV]r€p\Y[QVRMLRKPVYSNLENTKJNJEGGISNCHVUJB@KQ[_UJFKLNMNMVYPFHFMVUUOKKTVNNSSQSQQV[_WSXWPNKKOPHDCIKIIPPJD@?DOSO@KRSTTMPPPE:9HPTUONOL`^UC=Yfc`_ZNGYZW`a_RNTZWXUVXWV\a\PYZWagoy}zlbjtw€†‰ˆ{xmf]^_aciha]ekda`eg_RUTSQVWSNSZZ_e{ŠŠ~p[YSKMRSP\b^VN[ab[TS\`UX_b`^_gbVJGIQOLJPUNOVWVUSXYX\\TRVX`\UHGNOMQUWTNQLMS[XV[UUXZ`cc`XQUTSNNSWVX_hn{}l\dkdcba\TKISTSQVVSTbe^SLQTUSY[U\_ZPFFQTXUT^d`UDCQSNR[SNWYTKGSZ_d]MMNJLMOQU][MJWYY`e`IJUSNR\bc\YVMMRVVZ^ZV]djsrfUXUPV[ZMIQZ[X]ehcZ^[[[SQ[bfhi]Ydif[XWOTbb^LI\b[Y_^ZW]`]^[UQY`cbaXPKPcijfiuxpUW[__ZWPORVbjdZTRKIPSVPUXWY^^[^ZZebVNXjw…ˆ{_PY^^ddbXVUPWX`fb^imc\\___cZKOUNMY[YciknfWMZa`fjoyƒ|gZVX[[UWZW`ed_bdaYRQV\TK_^\OJHRWMKMZg_SPSTTXZTOPQSW\^^ZYVWRORVUWSHP[SMV[TKNPSUUTTV]XRUYUIMPMJKT]_b^Yb`XU\^^`[KUTOOLMNPWYSUULSTJDIFFNMPVR@GRXTMSVVWXOKWXSRS[`\QQZVOMXTINX\ZSOY\\die^XRUQNOTUZVUW\^``VES^]UQS`aTHEBLQJR]fmokdbh{Œ’}tjd^`a__bb\XQ\W\b\TSYWP\d`YVTUWUVZTNPWWTTVRRWZUPRUZXMKXff[]ccYEHLMPWSOXdf\Weib[ba`^de_^[\WQ[jxvh__ba[Q^hkf`aimiedlh_\_dhefknh]VZecgjeWU`jjhkfgdbhttmghha`ed_YICT]\SMPPHGTRSTRV^^UUWSJFLNT\YUU]aW_wnTROUZURMJHDDFIRILTQSWURTOELQUURMCABHNQ\]VLKLLMNJKOHGMQRPROCKNOQRVXYWVWUOW_\LJQJEHPWWOHKNYUOOHDNNLLMOOJIMIKNKRUTIDDFJTTOOWSHgbUNR]_USUXVRZTTZTQK?ELOONT^b\VUMKOW]ddjuplnffisxz|„‰†sa[W\agjiddYW]\[TZ`YTRQUZ`\POYbdhn{‡Šped`YPQTY`bacgcVNROU\\[Xekg\]`ZZSJTRNPR\^WZWMUPTYYZVKJOVcfZNJRULKXYMIOUYY^UR\]ULMUWSYa][`\VOLOPWbmngtyvsnjbgmmd[XOHQSTYWSQ[^PKRRVSQTQNUaeeWOX^XHKU[`aXP\b_[a^OFJ]cXUZ^`]STSOOKPZ^b]RRX[XYa]KITWYUMWdf\JELUUQLRVY\]_he\SNQOPUWVRC?HQ[hkdUWTSWYSV^bdjj]^bYXZSM[^]ZRMZ`TLV_\V^cdc`WRT^eggcVPPX]aednutfVNRWY\^TKCOU]_][XMRSPV\^\^__ZXU]ed\VT[m€Š…s^_d_^]TX[]`b^T[abb_YX`ba_ZTONQJGKR]eiklh^NVYOYkrtxvcXURLPQTSOW^dhjeb_WW^d^KUcc`ZPITW]cdgcZW^][_bXOUQOQYZ][XTSUXUX^``UMV`\VUNTUVQPRQPNRUNU^YEJRQOOPR`idZZYMLRQPUXRLGCGEKC?OWYTRRVUOFJMOXWVYXRKMX[TPSRPQQPUVUOOXZZRHKLHCSZXWTUYRPQRUajihbWQOQUTWYQRX_`bd]OLMOQUVYUTW\WPY[WU[`efaech{Ž“ŠwmghieYN\gg]RW]_\\__]WYdcRDKJLIJ[[NEU`c^RRUUYXRKHQVUPNZVLS\^XNTYXYY[ZZW]ZS^fggjlg`XZ^Z^c]Xbz…‚uigklifeiedbbciihkxulfb`iignrmg\Ygprog]Zcmkfc][SScjdTX[egc[VTXSIS`_TLSUO@BIGRSVYUSX^[WSPO[WZTFT`dX[x†‚qYUV[[YQA@FFOVYVJQQKOPKJMKOQSX[UOUOILPW[\XMOIJQNGMOJNSUW[YKKPIJMU[[TR]a[HOXXSLE?IRYXNJLNWYSTUX[VPMIQSSNLROLMOUUODHORRYZWVRLH_XOTWWVOMUXT\_RTRKJLGDLSPK\aXW^[WU`f`aeljbormkottsŠ‹…{og]W`__dkdUY_cbT^cVNINX^aWEHYachjp…‡{illiWHMPSPPOV_ZPPQKKNQIHW]\[\_aZPOUTQW_ca[XJJSPMHRSSW[X]df]J:HXYKGY^UQRSTUPN]c]URXZSLVUS\^YQEEKV_fqrokgmspbhpng[VVTRTVVTQMQXURWWQLOURLSahg[RYZZTLHIS^_TT][^b`UK=Tfd`_WNPQVRJORNOTSSQRNORW[a`TPRWZNM_f`XVZ\]XRPSOX_\[UHGGHQVYWV^^VPRT[_PDFIMPQV]\SR]c^_jf\a`NGJKMVac^TU_`ZV^cb\VRZ^``^_\SMPXX][^dgfcZMLRZ_^\WUQU]]UXYTOPUT]WNVRLPXacd_UR[eq~„}j`gcWWUX]_[Z\^ZX^fhdb]_fgd]WTVV[XUX_ehic\XVQX^gljfijeXLKLHPTQKTZ]a]WTVX[ZTTPOYba]ZY][ae`VSRZ\]\b[UW][WVLCIGKLIORUWXVHGNKZ\YVY[]\RSTWYSXZY]b_XSPCHMIMY]WUTOHKQOUWTWTQK@LURRW[URRXUUNAJTY[TOUYVMIMJEMTSVVWZ\][Y]\XUUROOE?QY]__^YOPQSOV[]bd_SRZVVWQJLQNUa_VOSMGISUPSY\XN\]UOQVY]hihpvƒŽŒvolhjkb[]__`TYeh_Z^_\^Z\`\NMMRU`ebSAO]fg[LFNYa[QJCAGHGCHCEKOOKMV]``][_`WRRRZ`ddeca]XRWTNVb]Yq~}tjjhebdfjkpqngbdahtsjd`bgjihlfc`]iquq`_`Zfjhifgmlilh_WRQ[b]TSW[SOUVNMQURICRQQ]_]YNX_ZVXSUZ[YRSTU\[Zew€zi\ZXXTQE>KNRUWPPQVTFFLNSUWZ[X__QMKDWVUQSWWLNELKIRTSWZNFT^_ZVSR\][TQRX[[TJKNHJOWWSSTKCIUZXMS]_\YVQNLV_[NOQSJA>GRO?HKKHOUSIMMW[N[caWTUXTZ]a]QVWO[^YSRXSXe]VZ`bcdkfagrqquwtqkuvnr~†‹’‚k`bdbee`USXbifZUQRVWMMPTLV^XBPadw†ƒpgkdYONOSNMVQV\VSLSXWWQMW]]YTYZWQSMDKW\`\W\[QPSUSQJSVTWVe^TVNP[[SV[VSQX[VIINTYX\be`SLPPVXYYUMMNPI`uyo^Yhokhida_WNIMOSUTQPPKGKNY][RPNJPS[dfa_SU]\VPTTTVOPOTY\XTGATYX\XOX__]WTKIORY^\\VP\`^U\`]XRTRPZbbZX^ZQRTNOOUbjh\VURKNY\]RO\a^TFAJLJ@S]\OVcjaEO]ZQafbdc_ULML]f`X^a^]QFR]aXUOS[YOX^eh\V\be_RVYglhYLLVTV\_YWU^]\\UVTUUTY]PQ\QKTZZZ^_[Y`r|}xnee^PSXZZ[RNKT[\\Z_ecaeedig\Z_ba\SQM\b_\[XUT]gmmdhsrgVRT]]UQTUUZ_d_QUcda[^YORUQU[[Z_[`e^PKQQMW]\ZZ\ZYWRKV]]ZUQSPKLMQURMS]XSQYab`XYWQLXeg\X__SKLHIPRMNLJOX[\]][VQXZUQEHMU^eh_GLTSRTNOVW^aZSUUSURQPILROTVV[b[SSQLGPXQKKHELU[_aZTU]bbXVbgjgYRUOABDEJOLKZb]VRSH8HONLPQQMTWUUWW\Zdifry}†‹†znnqsqf\eefh_Y\fd\b^\]\QT\QHGJS[b^R@K^^TKQVVUZZOOPMQQSPRKNQTOFIPY[T[bdd^WLP[`c_ZXULJV_a\T^bY[qwsmhe^afegptx}~{sidejhbelohcXTRXdbgu{xsuvhfifgghv|vlcbd[TWZ]]WRPQMLKHIKMLRNOPMT[^\UW[SPXZUU[UJSXXSQJK\ntlYRMPQNK@EMMHORPOWYNCBDMSTXYVU^WB?IHISWURMLQOVUMMLPPT\]XYVLJROLJ>FSZXR[bih]SRVZdd[QV`acehlljkjeZQk€Œ‡w_TWXXUUQLFPZ`__cidQC;JS]a`\]XVXmŠ‚gSRPQNRZZTTZ^ZICR[UTW[]bdd`YPRZZMD[^P?HPUVXXMHKHM\edVSYacVQQQOXYZWSPPU`aYSRRTURQOX_^XSVWNN]^UNPOM\ijZUdt{uefkj^PVUQSSRVT[`[IKT[]]WXbcTQ\ggbXQGMRVWWROV[YRUVREGMIU\PHY_^WRLMOVU\`c_UM\edZJJ^ee_[\[^cfh]NMV\`eb]cf\SGJLJLRZaWP`cYECV\Y^__Z\\dfb[X[djrtg[U^aYX]`YcaYVUUcjicXV\]`dfec]dikg_YYWSTUQO]lphUVYRLP]b_RBU^XYONUV\ZUZQLTZae_ULRPVVgmnvxreb]Y]_bb]SVW`ooaOQSTX_eg^VafXQPNU_`af\QOMNLJV\`htwodZ^behbZ[WEISVUYXWRKV`YJNTV\Z\jqi^SPJQRUWUWUNSTQKNXYX\]NHMPSUQSTSJQYUOFPbbZWWUROQZZRMTSGNRW]c\OSYXURPYdfd\YWPPGKUWXXVYYNOQJFTUL@COSIJONXUQU\]OUWQST_a[XY[UGCNJMWXPPROOX\_YNRZULV`_[RMO[\[VOIJQRPOHDVVMPYZZ[\^\YPAH\]YSQVaikkrs|ˆŠmdfb_hpnb_aagrtneZTUUSJIR\YNS^`URUUOLF@O\b`]WVY`e^RTWW[\ZUONMMUTGKZYW]SQ_``he^Y\`deWKTYdifckrrpmmi]V`muzjhtwoffgeYUhvvk^XVZ^XKX_ijjnpolgjfegrvtnfa_[]`cba\XZ]XNNQJDESSLKJPXQNHLPLOUX[\QNVRRYZ^][X[kxueUOSJMOQRKBMQXc_XXKCMTNHKONTRQRYYTOLKLLOPLNO]UJGB@KLPUOKPRTSWZTPNGBMROLIBOTQLNTVSSNL[gdTAK[`]RSVV^a]\YVT]mvrh]^[YXRKQOVb`VTST\hhcX]efaYT\b[QLWYVU\gnhgg[\`[TPOQVW]a_Wdjg]Z^Y_aYXY[af`fb[VW_]ZRPNTbprcXUPFIW^[XWYVXXVTQQR[\WPCBMUSIS[YZ^dmr†~h_[YQRXX_bb]`ilhe]]a^``\\_\[\RIQY_\_]RIIUYXPHQ`g_jx{t]SRVXTSQMMWTV`hea_af_]]^b_QQZ_]UPMNQRQJELWWSSWSV[bc[PXXMCRTMSUPNNHMN]c]TWZ\VTTUY^ZWY]``ejeYRSRPV\^_\`e[WZXVRNPXXWVZZPNWUU[UTQNVYTUOIONGCTVOQVTKGMQUWXY_ba^\ZONPQWXWSFNVWYQINNU`^VZ]VMLMLIMJHFOSFHVXXWXJMHO\a_ZOQZ_`TTXXTdomgyŠ„p^_gf[PTY_^bhcb`^[_c^UY]UKLPLJLTUOFPTSYW]e`WXV[ZTS^bTRYXTPS\ZZ[UXYWUPPPV^^TMSTYZWJDTekmmqxxpg^`dnllc`iljimoj`\]aamqph[]bckmfTQXX]p}yn_[_a`iyzl]_ffgfbfjf_Y\caZXYUPLKIFMU[VLJNQMOKQYUABQZYSPPWab\\kzzjWOLNVTIS[UNIHLOQQIIT]^[VTXXQNTSOLQQKFOUMNPLSYSIMYb_NFDFKEMUUQH>BMQY[\]ZZ[RFFE=9LOCBNPOLOUOEKK=KRWYVMGOWZPJV[UVV[\VJOLU\YPHZ^XYirrmkfd^XZVKJEPW[^fic\SL^gecdc^VX[Z\ZJCUOIKI@AIMQOOUUTRX][VYWNRRJKGHVXZYRSV[`a_\^ZKN[\WNIGGJXakk_RNRW[bc`[YSXa\QEM[\QKPVZSJLPOWbd_[ZROW]ffd^WY]TNSHEVUWTWXdnkaUPUTY]`ZX_[Y^^XVTW[TSQU\`icXYWLQ[^__da[SJT`aZY]^ajfeiieaYXV[YU\ego|„sh[V_d^VVWMNWY_\Wbca[X\acba_[XRTY^^VNJQW]adccaWPgw{ra`aUK[a`XPTSP]aabikh_KJW`fg`]\Z[[^WZ_ZSLPNOMS^[]aUINJAMQY__\TOPGGPOOL`_RJNX\WUXYPX]YIGU^^VJMMFNQUagf\Q[__VKICAQWW[c`TLKJBMX[YTV[[[XPQVWPYa`UUMDTXQSU]`_\`c[OT\UUb_RQGESXSJFNQUNFMPNMFR\baXRSRSWYWUY[YUUXW[YXYTRMLROLT_`cjnrkby…‡{og`bW^bfhiha[WY_`bebZQKJIM[TANRRWXUOZ_]SQPVW^]RSPJPWW^cdVIEQ[^\Z[XY[YXWVQSVX\a^TLX[eiffdfrxqgd]V_eYKISlw{um`]`][]adggccegfhea_caXZbd^Z_ebeoriabb\TYchjeY^a_fmaSW[[RMPOMSPK9AD?TUVXTJBSZWZTOSRX]ZX[U[ipj[^`VTPFCOKS[UELQORUPPSTOOOVZUNOUSQOICLTRQ\]POLGJRRI;CGGMSRMHBGKG>>EIEEONG@FNUONKCGDEPTOMLNTTWTPNJFMOMNQQJNVROMOOINUUZZSNSRULSUJO\`]SRUYZRLNTXYTNNRWWUX]^_]YXWU\ecZKX`eehbjutlhcciv‹”‘~g]^ZTQTPZ__VMbmjddaRKLLVRHISbj|‹’ˆtU\^[UPGKMGQ^^ZXYW\]]TNO[_YLPVWZZW`a[NMUZWSROQPOQMQVW][^^ZSNPUYYMDILROHHQUPNSXW]ZNSRTWTWXY[YQPKKRQU^ecZSTalomdcd[SNKOQNQFEUelcVP^on`[VKADKOZ\UHCFQU\ddhdXNQajnlh`SHMRTOPTS[luvj^Zjn_RXSLLPKMSOJEBPUWUID?CQVKEORQV]WNADQSV_e\RY[VIHIRWYW^eiaUQVSNSYWXWVMIO\bcc[_mog\SMQZegbYPEOUVRW\ghbWRT^_YTTYZZ`d[W`bYFJU\\ZJAQ]YWYYYZ^]SNSPLWcfc`^\[XVRRKIT\ab]ejbU_^WVVYHFGKIKR]^\\ZTTaibTSTSY__[]hsv}…ƒqdZ]\X^\\^ZVQLTTPXgk]GJL\f`TT\[Y`gc[UUOXb^WUYYLLZdmmkfTSWQNTV[V_`XRQPXa`ZZUGCQY_iql^VWRW`bc^RHGMTYXY^`ZHBJPRQLHUYOIRZUR\Y\ecd_XVQRXSJEAIOSX\YIBSZXY[TQR\```XRRNNTVLUZRTSWWWULJGEOTOEBRXVOW]TEHOY]URTOMQURQSZ[\YOOQNMLQQPSRKLOSPPRNPUW][XY\POSSNMOWZSPMIFNU[_ZPPORRNW^]\RPZXU\_iopovˆ…pieWZeijkmh_be\^Ž‹pTUWTYXMJOJCIPXZWQLFPSQ[[JOPWUSSRRLGPYWRVZYURXWSSOMT\b`^bgbX[__ehie]^]^\^^[addd\[_`[Xaedaii]PSZad]V\_kyyncbfjijfjkljmoje^^[[ed`^d]\^\_aZTW[^`XUSPTUL;JRJCDGRTPHOSH=NQIFMONMOSR\ht}|l\PRVWZabe`RLOAAEJBFKMS[YOLLMQQS`_XVLJPPSSVVSTQHTXPPPLLIB>BPTUXQOMGLRWUNJ?:AJFAHOLFBJPXXLNLFGHLMILMIIJFINGEFFLXYV\]ZW\\USRMMQUXTPUQOPOKOOUOHINKFGPVZUYde]]bb_]VTY__]UUVK@Ohrpjillgfbdr€‡Œˆw_VTRR`ebjmjinjXUTVSQQ[[WSZ]]l‡ƒuf\\\TOGOTTYXXXYWZ\^^X_`[YX_a[PZdgh]WXRIPUPNNLSWWOGOSSVT_`UMIHLTSTPOWSKWSKLMLOTVROWULNKFGNZ`_TGLZ[TYWZa^VV]q„qiYTXWPML]aVYYfnkbRJLX`ZLCLNNPPLMRZUNLNKJNI:KSLD\b\TRGPRLEPTTYbaZYU_gb^dd^\\XXWTO]aWVWX[^cb\WQQZd`TGIMV]`XUPMMZZ\cbXQWX^d_[]^[ZYOPMX\_bftthZVQB>IMJOSJLY]_\^a^W\ddheYU`^VUOOV[caabgf`_YJZc_`cZLSW_joi\]_`ZY]ZWTZ\XZY]iqqgj{p^]^[SQSOXaa`_TPLQ[`dhkkcWZVTWRW`cfheZWWforngc`]_t}{n]U_^]]VGLY`_XU_c_[VVKRX^`WQOOUUZYQTSY[VMDOYXLHQ[^XUV]`_WJJSSJOYWSEKUUYMPUUZ[X[`cgdeieYLMWY\[WPX^\ZTMEPYXUQUQ>4IZ[TX^_\XKGS]UNQURTMQSLMMDNPPQPLWXOU][XZ\SKNQOSURFAKNNQSRRX\YVVPJT^^bYZ]ZQJN]aURUSPJ>GSWTMONLMOONGRTLXbeb^issdawƒ‡uile^c`bihbfkdZY\^]`__b[MJRYZSTV]_^\XKQTNUWWPKIOQZZXVSVZSTWXQ\ggb\W\]XX]gd[QTVUVW\^`ge]QQ[cd^]cfmldca^cgd][_hqma[ehg_`bdd\[[[Y^^WZdeknqpnq[]a\WY\]X\__ca_a_XUWUQTZUHMSZ\VRPJHMSZVMOPQGR\ZWWWRQUUWU`s…Š€hOGLVYY\YOPXSOHDOSJHT[SQPMV][YVSONRKDEKRQUUSSRURSTGCJPQTZ^[Z\bZJGMSTPDDLONOJIJMOOPSXWVUOIEJOOWYWULHEMRLCFIIJLJRVSOXXRRNFBOV__VPQSOPHOXVQPPPSVTT\\bmrmnpl`SWRKSW\`[URNO_lpi^fikmd^Yl|Š’‹x]`h`TWU[deakri`\UMAKTQDHMW``d{ˆ‹…rRWZYPQS[\XSIDXb\YbcZS__W^c]VOVZ_e]W]YPVWTVTZ]XPOYZSZ`X\[[STPEIQVT\_^ZQGQVUKCHUbjgWNQMMOS]_[UU_`XSWV^^TQL[r~|xvpdd`\VQ[cZWYX`ca\XPJOIGJRW`a[IFLQTVUQNONUWOPR?VifVDFRRRPMSXY][WYOSabYS`ca`VZZYUTZTTWVPYhlfXNIVa`[PLVWQPWUPMKPWTX]\YUPP`f^SVROUTNS[[]]Y^bac^WMTRVUSY]ZXV^^^\`[JR[\a[Vbf]ZYWWWW``eljaY_aXNNVbcWFQVbkmdSNXXY^_^TZXSUSUguzrktyj]a]YXXYZ`a\YVNEAOYgfdbXMTQOXZYW\eikfcaajjfbfhdTdv{raVTWTX_WVT\fijfkonml^MQ_c_ZWMNWUZZUR]\SPKJV]QCR_d]QPW``VQSUNHSZ][PHWYUUFN``[ST[ZYSNUSTWV^b^X_b]UOSSRTRW\YOPUPKUUSRRY[V[^\][VPRONOHKWUMNLPTRONMSVVPLWVLOTTUPRUYWTUPJSWVUUTOHFPWTUXZZWQUTXURW\VRQKJRSMIKJDIGOWYSICIQIUY\\Y[jnfVh{‰Ž‡{ojhaX[gmg^ab`][TPU[Y[a[WUVXXVMXfe\XVVZ\WUV[]VQJYdda_^ZOO]a`^eid_\SYYY[[SNPRUXXV]fb`\OEOZa^\W\aimlfb\[^f_]Z[cfb\[bfdZ`gf[OKZ`]_`_]fhbdddif[Y[`^^cf`WRW\X^^YUTKIKMMOWXY[SQZVKNPPNQPNMMU]YNNPUROS[d^Yh}€ubYTY_ZSSNNW[WOKTWH>IMPQNFOUYYUQMJKFEPSRQPSNNOKLIIGD@HOR]efddcbSMKLQLDEJNRRLHEGPTRLJIOTROIKQOQONWYTOFNL>7DIB?PTYWOGJIQVRCEQX`_VUROSL@SVPPU\_a\TW]bksrqtrhXQPMLOMUZ\VRRYbkof]Z`ca`[`l|‡‰‡{gheQAHWadgqyyoaZXPIMMLGDDUa`gy‰„nc^YZUW_^TFENW``Y`ebZY\XY_ZOLVZ_hh][][WVX[UW_\SLMOEPZ[V`lgWQJMRY[\a^YRJKSTQOKIbrtj[WMOVRRYWVTUglc[RSXZWNLW]Vey|tgd]ZSWYTQQNW\_jrldX\\UQV[c[KGOSTXZPMQQLOLEGIQeh_YTSQILPUVPVX\\WQV[WWSQ\e\TSRY[XOEILNOXcf^ZSKX]YY]__YRSRVQS\`^S\aXSPQ\egaZVUYYMQYTR\[WXVZ]dhe]a\P]mpiVMT\da`XT]cfb`ce_b^UOKP\adggaaffdXLOZ_[T[a_kqk\GX\UW`e^XWSOPYhx}ymo|…€re_Y]WNXZ]^```ZLY_fdgcUMQUSVZcbajkea`_cbekjd^^bd\dllhc]QYkusg^dkplikmjcZSSUWKOWUW[YT[VGU][ZYTY\TAMVVTQUZ^ZYVOXUTac\_XMT[ZWY[RV[[YWTVYZYQLQYXT]aXTZ[WMEKLRUW`e`STPQ^`SMLRXTR[\XY[]ZQINLQUOQSWTTWXZYUXVSN[bVIIV[RJT__SUWSRVPLOT[YP??ENZ]][TSUURQT^WKJNKJUTRTPEETRSRNIOPKMPREGMT`imf]c|Žƒm_V_\Q\]]_hpk^XV]^YRLPZ[WQUUWWZ_[NLPS[]ZRNJV[YW_`_\XUWV[`a_cgh`TLLSYYTSGMTTTV[_^djgVQY\bc]WZ]`ca_^]RYa\]af`[][[Y``YW\_^^]fkcY^``bd`ajmfdc`_^Z[^_[\\Y[ba^ZIMRNMLGJNHQ]UBJNJKUTIQYWQJFTWQQNV\W[[Z[W`hrna[VYYWRMRPRY[TFETZTL=@EIHMQSVWVOIFB@FQRNLMOPTTTMFAHONTNNW]cbZMRWUPOMNRTQLIGGDHSUTTOHKKJJLOLPROTXYWVPSVLGMROBDMSVSRTUKIMHGBJRQNY[URRQPPNPUU[dc_a]^`dgcacd`YPLQTRLMWYWRRV]eg`\bophadggn}~jb\XSX\X]bpys]LZa_ZUQMGGKJS[cr{~€zmd_YOU[WRY]WVZ][Z\YVYXX_]RN]abfebZWZ]\XYXWVSUYTIEHMLRZqqdXUMTW]b_QCIPNORONSAGakf^\QMSS[a_WLTekda\TOQVW]ZVXRjzzj\_\ZceZPLPY\VaknfUPRUTLQVWRT[[UNLQRRWWUOPNDNbgge_NIPKLV]ZRQX[b`WTVPTRQclidWY][WOJV[XQ^llaYLNT\dhe``[WPT[WWYYRLQFQVY`bceba\YYOGLTW]^XYYIQ^rrjZcOSbfdXHR_db_a_[_ebUTRNPOLMNLRY]cb\akrqfWchea^bgbced_UY[NJ_f`SORQLKZjqutsuxicc[XONUYVU_fe`_bbbge`OER`aade]Y_aaZMX^\_hi_HYgdThjc[YRgx|yqe`fha`caYOMV\]`\RRQUZVNOKDPYSTXSSYZORW^c`X[]TPPN[ea^]YYYZY\TKHT[SNMOWWTQRURSPSX[[_\SOMSZWTPJLZ`aYJMPKNTOPOIQUSQUJDET[TNQX[XUTXQQRPZbe\TWTRT^]RMT[VPLY\UMX[URNIOZbc_N74IX]ZUPQQNLRNQRSOLOSX]\]XNMUZY[\WX[SOKIIKR[cefllev‰’‹{o`\dhg`^aclojb_YYRRSPOX^`]TT[]_ZUW\WRWXVYUS[W[SRTVTSY]^[^^`_``[WXUW[_YPGKSU[dheildPKWYW`\RWfkdWYksmc`]Y\ZX]c`TLUVOPY^bachgaYZYU[__bgkjb_]`bUQSTWY[^Y]b`ZRLRUTSTNIGO^`VNRWWWVNPURLMNVWLLPT[][ZQRYaidfnqb[b\SHOZWQPMHEGLRMGG==HPSYXQHEOPKLJGNJLJQUUT]URMPXWXVSZ\[XTNSWWPLBIPORIENNLMW]YVPIPQOS[]VHIO[ZREDOVWQKKRZXUTUPPYZ[QDGOQRORWNQUZ[UMMRRSZU^fkqqg^^cc\Z]\^UHO\]^]UUYXVTPSSWZ]iqpjhgdbew‹”}d\fjhc\[dq~}cMU_e`ZPIBHU``_]gjq~‚zc]___]XY_hcPQTWaaZWUY`^ZTQUX^bdaVIQW]_]Y[RAOXZWQNQKS[Zha\__\Z[]]SNVVRTQKJRQKILKMSQT_]Zbf`TKW_^TYa`Z^Z\c^WHSjrxtm]Z__R=EJR[WP\_YONTQRPOUQS_b_PILT`_WORUQRJM[`abaWOPTKJ[daWQPYa_RTRMPV\enpjd_`_WRT^\V^oqdVSVVQZb[VUUUYUOMPY__YQNMNLRX_ig]Z`c[XZVSSWUQUYSZdlfY^`_]^^^`XQY]^\^`XTY]UOV[b_]]\TUWVXVXSXkvnQ_ovsja__VSX[VPVVNXbb^UNOVOJSY^mnnu|yj_XW`aa\[VW]`c^RDM\ZQLLTVZZ[_^\\\^[TPS[agid[^fe^XaaXX]eruhcc[Y[VYecXONW^\X[RKLRWQPWUTMMPY\WSPPTX_cb^XX]XC>AO^d_UTWY[][PLLJRPRQSVUSQRIDIV]^\ZWNNPPZ`\YPKNX[RKGIQXWPJKPZ\UTWRPRTZVNLRZXTPOX_XIT\UQKPWWNJOQVZ[XRONNQQQQLLLLNW\[WMDDJNLSWRLNNIMGAKSQMNOMTZUSPMHSSV\YU]]YMNNJFR_aennfq‹‹~vqcXZba[\dkoh`\VSUZcc\U\aZUSY_b^WORZZTTY\VUXYUWVXTTPT]a`\cge_][UX[^cf]TXPPPX]fgdab^^[Z^egbcdhdVQiutneWQRTRU\WUQRVVT[muogmne_[[^\emkjjlnmga`[\\]][[YSY]\SLRSTTPLLNMLPUWZU[`\OFKWSDLTOVPORNRTUQIQY`aZSp|tbZ[ZSKPSMLG:EIINQVZTDDNSPTUOIKPOQNDDGGMPVTTRNTVY]^_\QPTYYTJ?GNPGADKQ\YW]XOLOWZWTW^[YUW[UF@LZ[YXQNTUOPXUTYXYZVHMWZWLAAKRY\ORTSOW\[][RMQPRZ`aeklfed^ZUU]c_US^bcbXPKPRUTT[YYXalmlnngacewš—…nccda]\co{~wkZT\XQNSOKRXXOQ^dku€~tiXWee\WVbjeaZPXa]TRZd^QPSV`ghdc]RIPT`dZPOPSWY^YSQWVWU^\VgqqkaTOSW\_[XRMOKEKYWWVTVUX]][a]Y]]TZZ\a_ONQM\_\VPPj…{l_XRKMNGHLKHMPSQRPPMOTWRN\d\OFLLPW_\RNND:CPVVY^[X\[TMRY[WOMIGRQRWUNLLP\jpla^ZRNN[YQ[eaZTSZb\VTUSRQKPTWPQXbecYPIGJOWWacU\lpcWXQTUSMMPNS]^a]S_dgaWMWWLLRNHX`\V\_UPU\becgiaW^cd]TUSYjocVgu{vl\YWV[_YQU]ada_\[YTPNKIJRgsvstyyrh]S]feTISWUKNXXYY\UJKOQUVSIRb`SY^YNWae^]c^[YY`b`drsjd\dic]^WUW[ejcXYWKQTRZ\ZYXYTIRW[YNOWV\\\YPVdolaVWYWRPMNT]a]UUZ[X[UZZULPOOOOPMLWYPPUWWVVXOQ\``XTWTPRNNPNQPMRYXWUQYZOPSKIJOUZ\WSNU[XHM^^TRUNIGDOYVPLQRUVUNAEIOQPQOTX][UUVVQNOUZTOTXOLNMMJBJVWQMQRNPJOQLJZ^]VTSUXWRLOKFMUXUbosty‚ƒxkli`^eih`Wcjfdc^US\lm_STVXX^Z]d_TMLJLOPTWSY]YWJXZbfaXY_^WS[bbVSRON[ccX[_TRQQNU^a]bgbXVV[eecd]OKTZ]b__XRSY[ZWMQTZ\^``lxwifiedgdb^aiigihikljg`_]bddcYO\ZV[WQPUTRNOUQQSKHLHCGQTVW^`VKVRW]UK@ITZXNS\]\\S_oqeQQTWVQKABEDJTTSMNWXOMLMNGMRVSQURYZSNGGJGHONHSZXTRXZTPMGJKB:GRRRSUTQW[RUXM@=AKOU`f^VZVNMNE=LWXZ\ZXWMDFMOVXSUSGGIRMHFBHFJSYRSRR\]]Z[YLFPTW[[^gqsrkaYMJR^b[SZdc^[STUX[XSPTUW[ajossqnhgfwŠ‘‡n_^chccpwsj`W^]VT^]WYWXUTZ_ltw{{vdUSVPRVSX\XZWUZa_WY^]PVZ^ailfbVOHHSTXZUW^_]_`ZPNGQQWZYSVdieWMMEFW]__Y[\ZMCILOOKLRY^XQRW`eliYV[XWTVYWTV^a[P[z‚}~{iSFSVNNOIEMXTVYXLK^`_]WW[ULRXTJMZheUSSMHIPW[`]UZ[RQ]_ZSPVYYVWVZWONNKLcpshUPOY]`cWXZTYa]\ZUSNU]]UQRUUVNKTWZRPRPKOVTRMN`jj`TMKU^W[TMAQ[WUVQXcgi_OTWX\[WRX]XN]c_[[XTQ\hkdX]a\\XQSU[hqk_]ntlbYTW]a^V^egigg`RSNMMH?ERct}|stzvkb^UZaTKOYa]PW__YTRQRWXX]XHTil_X[VOU\a\\^`gcaXeffqssmfbc^ZURROV^c_W\^YQKNX^^^ZPOSVXT[UMKKPQU_^[[ae_QNVM@OQQTPNZZ[^VNZW\a\SRRUNXXRPQUUZY]]QKSV_aipj[UTBNUVZXWTJCLVYSLTUQWWLJKORSQPWVW]`SFLNOOXYNVYYXRGGSX_b^UPRMISUQQU[dhcWMMPPUTUORSPMRSQMOSUU\[UTPPRU[[SPZ`b`Y[\ULQTSLKMPVZ]j{‚zoowviZV`bgkpi\W[ajheb_`ZV_c[QMUZ[^_ZSSTOKJIECEKSPLNUVSQV\]\\[ZYZRWZVZltnquujSFMU[\WXZZ^[WXZSUJJUUUX_grurouwqd[aovŒ‘ˆrdcgf[drn]]b^]ZUV^VOQNQPT[iqrvzzrg^VWRSVURMLQSV\_YZ[VVWVSTcmkbUTOKQXWVYRY]\``ZOU[PNQTRPLNV\^caWPZ]^VY^a\VPNT\]YVTW[XVQUZ^lurbSJVYbbWIET^_eddluƒ†~lWIKQKKLOSZQQWZTVfmg_[VKF<@MLAHYegQCNNMHGLONK>GOIOdljZJGLQVTO]aZTXTIShnh`ZUdjc^]Z]XSX[dbQJY`ee]X[UJLQMLQTZZVSQRPQTVZkrph\WY^\Z\`b\RVVRTTZchgaZSSX]ac_Z\ZPR\cfh_XLNeleYUUTUXVUSY`dkifjmc\VKHS_a]]_cb`a``[RPLIJGT]gsx{ƒukgf_\ZRU`dbWQRY[ZVNQUVV`bWT^_\XPUYVTXY_gciklmhffiklkikngc`SRU\dcZY[\\VUQX`bc_QBDQYTSOMMQUW[^_^ZXXZROWVHHMP[WHMPQWYZXVV]a_YXYTX]YW[[XZSVdcVKV\ao|zmc]RFOSY\^VJ=EQYXWSPNXVOKNSTXYZ[VMKUYTJNNLMOPR\\XYUJJOZcaTJPQUWYTNVTP[`\QJHOTMJKPVRMNRXWSSOTY[RRQGHQWMLW\`b[UTZUL@IQUVNS\XSXlx{qo~†‚uf^db`ehc_`fqutoke_cmlg_VUQMU^\PLVXVZXROOQLM[^^]][XZ[X[VN[lpkb[SLSQKXURWQSYVNU[Y\dca`^[a_\^`Z^b^\\[SJIVTPU`[ZVUZ`\WXdgloiXNTbihhmqojhgidUKPR\YX[a_XTYVKJTPUTIJKJKDLTPIIKNTUPHHSTUTRSSZRBBMNKUVT^^TNP`qzwo_\ZVUTTVZXSVTUWRPRYXRJOVMMYYRSNJNMKJOOPPISWRMKLZc`]`_QF?JQLHHCRSRYWVOS_aZVSOQRSLBBMSQRSVZ[WTUWSVWRONLHMNIBKPJDFMKCDMRLILRRLQW\`]U\cbZTQTbrq`j|zjYVYVZYVZQOXWKQXVJS^c^RPW`gfehjkd\S^ks‰Šƒuca_\]jpi`eeadb`_VQMNMQW\ertkiq}zoeaZPZ`[Z]ZVW\[SOSU]_\[YXbhbVSWNJNVXZVY^^[ZLIQbbXTOELRVW_bb`Y^`dgcXX[a`][Qafc[[YWVW\ZVQVoyujZUZbi^PIVXR_eaanw~|uh\XVLNTVQQHGONRQW^_\[[WPHCFGEOW\WPQPNTQRQLJQQVZWUS^^[a^UTT[ab\VT[XKFWchjgPS_`cca_XNUX^eYLbgd^VX]VPOPRQTPV[YWW[[VZZ]jrsh^VU[`QQUWYXXTUVTW`bf`VVV\[X]f`\[VNOX_aZ]YVWcdbZHGNY\`\TRY\adijc`^_TJI@EIWUKLY`_\Y[cf_UKSkyucrykYSOKINKINJU_YKMSPQT\]UNQNJQcjigddik`dq~Šˆzmia[emlc][]bffaYSSNTPUU[ltqou~„pYUQOVWVWXPOY\YWQNITZYWPU`b]\_[XWVYYVTVZ]XRPJS_^WYWGQUVbc[VYb]YddT@NYaee_VUVX_b^KFQVQHAYdpsj\VV^b`[ahYMQWZ_iqvvvumcUMPQOPVUW[X_ekeWX^abYONELPXZWUUQQTKOXYRU^ec\SUYV_ml_ZW`mjWJUVXK@L]otm[TQV[ee^YPZ`]_aZ_b___ZWQNLV][\TJHRTY]_ZWXX^eb_UYZUUPMOSUY\ZRORX]XT]\ZYWXXEZffb_YOU]cbXSP]][``WUYaa_^[X[^_`djiea^VONKOJUefcfg]XWTWZ^`U]dd^ai|ˆ„uhbRVWVZ_[Y^\TTUV_faXSQ[]WW\]YTSWVU]\Z\dlkd`]cfihcUZlnjemqkYVWV]XMQPLX^VLNO\lnd^\UQVTNRPT^ba_b`RRZSOOKKINQXZZ[XY\SJKLVTLW]YOTYX_e`\XVTSUWYQLV^]XZbcb]NQUTNKMITVTOLNUUUXZVU\^YZ\ZWZYRPUXWYXC9CNUTPRPSVWY[SO[`]TPSVUTTSNU^`XROHGOW[][[\aYONPSWUURUVJINRQNSPMHJMQQDKWY[VWZVQQVX[Y_ly‚znq}„€lflbVNKFMZ`jmjfmsplnrqnmriXZbc`ZZXXWY[UWVV\_Y^a]\_`[TPWWSUUSZQOVYLJSMHWa][ZW_da^ehaWMRU`cehje\V`bdggdc[X\[bhf]VWWUX\`Z^jgYZeb`ZalobbeZTU`bdhnnig^QV_^ZTQTUTTMA?LSQRQVVPY\[TNNMUWUPUVRZ`_OJOMX_\cbXWdntpc^WHKVZ\WQUMGKTWKJPVULGTTNHMVWPMLLBKNONNUWXPMIMKGJILHEKPRRVZWXUPZWFAMUWRMORUVKJJGBEJJCBHRZ]YPFIORVYOKJKLKRWUTUMEORF;>APVPUPSXYPKW]]ZTPLOcpojlnf]^XPSZUKRWR\`XLBL[][\\\WUSLZhkjjfqumbgjqƒŒŒqc_cissfSS^cb\PZ^^\WXZacgfq|}~~{kUSSSR\\[[]]_^VQRPQRPPRNT][Xaca`YUTSNRVZYVVTV_cbcaZUVOT[[[ae`_kn`GCR[cda[URU[feUF=DS\a_ceda[]QMU]ZWgfYTV_\ZdjmnojjeYTQMKPTJORTcpqcP_mqlXONKTX]_daYVVKLPNNPXadaVYc_]cc_^SZjmaPMMOOMHRjvteYVOJV]Z[UXba[_dcYSVVXQDCPSXZQOX\YWW^c]YKBNTZ]\XXVSU[[V[\RSVQQZ][RXWXa_abXNVc`ZRURJTac]WX[XWakhZY__]^[W_c_]]`_bbb_[XUQKCS^\YXRORV\__^YP\gikgf|„€{viZ^c\V_\___YVU^jh^ZYV[SQaig^RRQJRZWZadhgc[`gijkh][djdex|jOTX^_[ZUSRKLU[RKZhje]RSY`ccbb_Z\QTZORZ[YTPSYYTNJR\[\b[QMMQ\VQUTVZ][]dc]QLMKRSPMNUSQKKT\b^MNKCCMPNTV[VOKNNS[dg`XSZ_SSXWQNVYZ]ZSNPRRPLFCJTOGSYUT[]TNSWTV\_\QZedZUOJO^dbYUOKTSPDFSXPSVWPROKSNGH<>LNLJB@NR`d^SRV\ZU`igdoz|wlr€†|hml_UQNKS^jk\Weqrppswqmpm]Xglke[RMRY^TPRWWSUX_a^_RLNKIRZTPQTSGHYWNTP@L_b\MJ^fhaZ__XVZ]emqple[P[efheYa\][UTVZXQPMOZ\\[`msg[elg[^jg_`ed`^_eacmqj^`SU__XTUVNJOPIAPYXUNNQNGHLMFMNKNOSWUOP\f^OJOUWZ_`a_\eoqdZXMMUTUUSTMHFLVPILNQPPWWPHOYYPHNTLFJTXQMPIFHHPQFKRPIDSWTMMLNVSO[_T?@JQOTSNMKFCFOREKRPNY_^TQUTUZWQNFBLJKHLQSMLQLJRSL?>NTRP[SQMTQKV\]SPLJNR\`empi]ZULMRVNHUVQSY[VIRWTTJFILOTQX\_hhdvzmfmjn†“’€e^ajonif\YTYXTSPX[XX][YYOarpr{€}lSGMOZ_]YX[UTSOMOLMPTSSOPJGY[TXQKRVWU_c^QOVZelea_XTVRONT]bhjfbd`Z][cif]QKIEHU[QLCKXa^\SVV[XWTQVXWR__]ZY]c]W[dmgdknhXNOQRTTQJLOTZ[[fourfVILMV[`bc[NT\ZSNPUYVY^_`deb^Y^`WTaeb[SOMJKII[mqh\UTQVWXYXWVYVVYZXUYRT[VQQOSOIGT[\[Y\VV[YRICKXZ]ZV[ZZZVSWWLPWVWVRY^\TV`kj_ZSLHOX_XFOX^bcd[Q\hj`TY\[`c]\ffac_[]X\aaa]UPRVY_^V[^XWMP[ceWLPVfjamw}wl_cmi_[[UY][XWZbf_XUZ__VXhlg_YZRMQS\^ade_]aeg][bg_Vchds|t`SPXbfa\UODGX_aTS[ea[VZ^`__fqreZXTLHMIOTUWPV`[ONOQV^WEGLJNMJHNRSZa_Y`]\VSVOCO[\\[SMPMGRae_UQYZSPOOPY\YURPPNNVYSPPQPPX]XRQV]c`XTZWNLCGLKSWPMUXPQPLIRY[VVYSEJZ``VTWX^b`XUWOJKMRSPQJJVXX[VVVSJDDBOZ[LBHNTXeh^J?R[RUciaaw†~t€‹„skjf]STWZaimg^ehosolnpjgcWT\bddc`XW\`_][VTVX\\a`h_YYQRUTPMNRTRNNSTROSQN[\UTW\^\YWWW^bbefffb^[WYa`bba__]^ZSRVSUSTU[a^[W`ibW[dgcehe`bddggc_^aloeV\[LOQPDFUSRPQRONSWYPIJFFJHLJKKQKBIT^]VLQQHGV``ZRW_da]imh\VSQTTKHDHPVQIMZa[LHJMPNIMRWSNLDKOLHORRUYWNKMRTFIRUTUORTNKPROMPV_^MCDJLRQLKMJIMSVOGMKGLOJNV\QOWVPWVWY[SUQQWUKJQT[`YNFBIQSP\WUEMNTPSQQJJRUX\]chgc_WMUUOWTFTVSVWVWYZX[XIDIMSRTWZjsjmxuutkgw™“‚nmsxxtmh]V\cecV[WSXYZ\__[]aiz„…{hYXUV]`\SLGKWYY^[RONT[ZXNGKSLGQVWW\XZ[YVVPLVa_VRPWXRRXPOYafg_Ycecffhf[KIPSNT]YVX[`cb^WPLMGLWYUOHJSXahd_ekgZUdmfikkg[XUSVVVQLO^fbdfa]WPLHFRRRT`ij_XUTXXZ\ZVX[`a]][[Z]\VJHT`bZQKDEIKWchdc`TUZZ\]VPRW_^[_^X[\TTWYVUVNLRTPLZ`^UMWXQOMMK\acae`TWZXQOOKRUSTXaebWVZX^]]bdYSXZSGIGKWa^[SSZ`bb]XSYdea`bffc^ZSV\_\a`^deaaghhf_ZSMKSXXXRJYbdhptuzufdmjcYMGNWSRMRbjfWOHQ^_VTZ]XZ\XURMW^flcV[aellhb\b`\ehmsrqi\QY`\XPHMPU\a^XVW[Y]YZba][clmgb[MNPFKVZYPN^_QMRRS\^WUYWTSIA;IUUUWPVXSSPOVXT_dbZUX[SJQY`kjUWXTQKU[NSRRWYTJCJLJIHJKQS[aa`_YXTPQVVSOFT]_[VQUZXUVUNONQWTORSMNOS\[OY^^[SPRTZXLHRSSKFLSW]cb`]UONKLLJRRGHJQRV\^_WPSNIZcieiw~w|„‰†zg^]SLX[\hmkechjic^][[\ZXRILSSUX[^ddZOVUT[dlklrnagdea\[__Z[XZWUOPZYOU\[X_][VITZVTVNSSU_ca][VSTe`[XadbZSaf`UIVVP[dhg\MMXcd___ZZWbabekicfg_Y[gjjlmk`SPLCBNNKKKLSPGKNKHOSSKGMNPKAFCHGNSSJ?BJNNUYXPQcro`cosgVTNTRHOVVURROLWd]QIRRQNGCR]WJMJGIJKDDHOUWVSIJJTSUGGWYTPHHQQMIHIU`]QJLNXVNJIMQPMMH@ISQQEKV\ZPMUVSV[XVROORTVWMJJEMUYUMS\^YOW^]Y_^NEQWTNUVZVQOU^hhZTVWQWaXPVUUOQRX`b`^TPQOPRXUT`fkkfizzqr{‰’Œyijlmniha[deeijebVQLO]d_QTcks{€}uj`VNPZabWQW\`a`_SMT^b`bba_XOMSZWVVSPJBP]XHL]]PH@IV[[]]XNYcfb\Z^gkda\QVXUUKL`fic_``]YWQIMNMRYUQMQWUU]ba\^b]\iwym\aimkaUTPT\XUaovmcbZNPUUXZZTKUejbYWQX^_ZWQU\^Z_`UPXYVTTURVXSROLHCIIXbb_a\YQAHTXSNVXX^\WXUZZWPGQ]_ZV[URS`idWIPYZWSTW]c^X__][WRV[]XSTWY`gjg]QPQWVWkup^TY\WQIGRa`YTYbda]UQV^ilfZS_`bfbXT`hf`b_djnqrngbYZYXRPTQQVWV]\^bl{ŠŽ†wd`bg\TTVVUKO_kkcUMKO]]XTONOVXY[XTTakldfhckxxqbXdpz~{tnheWKQ\^aZRRUU[]TPRMKO\a`fdZSORWYTPNWZXRPOPSQ\^ZSGNclme]YUPLPTWKIJIPPT_YWYXPPUS[a^TWZWKX\[lrgSFKIOY]ZORVKOVSHGNLFELGITVW]chbVRJSWRKMKEQT[]\bicURVVVY^^UNONRKGHPSW[\]^XKOORSHGSTVSLRSTY`d`VNUWUPUTSXSILLKNGM[_RMZVS[ejifkz~{„ˆ|oh^VOY]`msphgjfih`X\bij`SU]UQRLRagaW]\_egkkq~}tjg^ZWYa`afhdc\TV[^VTZ\UY]YTNRYWNSWUUPU^`^RLOOQXTSaiaYNXc]YTQSMP[be`YUTZa_VY^ZX`e_^b_\dhfb`a`bmnmg`WTMFJJIJNV[ZM:CD?CJOOBLRVTJBBAHMSRRE=EKNTXZ]WXkng_hwu`MKX_VYXUMKNPGFUUJKRSSNNNHSWLLSNJLSNGJIKPPSNEGONQJDXca\WPKJNSOLITZQLNNUTQPOOQPNHFFKSQXVR]a\ONUUUUODCGNQQOPRMOJ;4CKFBOad`QCXUVXXUSVSROTX[ZUOSZ\ih\XWVX[VJS\WJHMRW\^[SNORNIQRMTTWeiYiz€€zv|„ƒtc^cfeafomg\^bd_ZWPS[^VTR_jp{xmb_]YY_a^UVYelf\YW]c`YX_bef`W[d`YZVPNNV^]MOY]YSPMGRYZ]\^T\`b\X_gkknkc]bZTVXdhc`W^hf^[``VTMIUZ\\[\VY]^__VR[\\dvzpghtwkRHOMTZZ\lyxiZUQTUQPRQSNJNTTRVUV\]XXNDT^YMVSUZXOSZ]ZUTYcZJLLLIIOUUWRMLOPRQMQ^^U[bUHPV^caTKIT[_^]VRbkf[PJMQZYXZb_[W__ZY\\[WZ^\VRSSXab^JKVYUO[nupf]WYZUPUhncRHalk\ORS_daURPQPQ\_a^`klbVYZ[bnqme\QSWQUXY\]\]a_WZfdo‹†zlestkXRW^b\Q\egg`[_chkb[]YPDU`ca]XVZ_aelhluyth]\gs~~rfab`SMX[\YTRURPURKTX[VR_kmgZTROOSNNSWZUX]_WRQSSW\QIXgkhd\HKTSONKH@IX\\\XT]_b_XTKQ^_VUZWQ]ZL[hjea]TDYbaYPOCENSURTYWHADFSWQU_hh__[WNT]\SAMUQJQTTSTV[^VOTTSPFDJIKSRPPVXXQMX`^WOKLSPNRS]]YMOVWQNV\a_[ZTLLU]b]Z]VPOOQUSM^f`\Z][__[WY[bYT`bUMSTX[]caVORRX]YXS[a`\WWOhtvk^W`gbXZcjd[NTehaX^\[^XPTRXZXX[_dbehbXWSPR[aa^VWSTTVYX][STUSSTdfgoxvoh`fneUJVcfebbfd_]^VMR]_^\_^[RY\__XSUZ^a`_cghgoofW]ltxo]XYTPVWKHIPPNDKNW[U[^YZage[VWQRYWYWWYQKQUTUVYVX\TLMKKJX^YHFLMQRQOJTZ]YRPddd`TRU]\TZ^ZLKL@MXdghicWOPWZWTNSSW[ZPMTJFKMOL:PY\eb]\YSPUYZRDER[TYYSOQTY\RRYXQHLKNRWXZY\RX^^VPPPMMTURPYUTYXSRVWULMTMFDLTTSWUHKTX^_\XVWXYWYZ^[afiuƒˆŒ‚mXZ[_gdglgfmf]`eia^]`hmicVUZXTMR]`bXJMTOT[XV`bc^\SRU^``^clog_]`ZGKNIJIIQ\ZYZWWWWVW]ZWTQMP[_YU_c_^^ZURPVZXRS\YRMHLWWSMMQa]V\]forgbdedhc^dedeidZ]ii]WTYPGEJLFKNK@AOPV\TKPI:?KRZZUYZWYX[[\YTQYQPUVeqnsxrgXWZXQRSOOQVSQTSLBAT^bUKWUSNONIQRLNRXYROQTTNR]]WKMJFQZ_ZJJOSY\^XRMJKPOHEX\SNH@ORG?BGPRTYUHBFDKLORLFJQTX[P@DJIKKOPTRUQKNKJLRQVX[_YSWRQYTOSSSUZ\ddYNJFPQNROKMELVWPPTVTRQMGB;DNKNKRbbd]lzwlkkpx{€zokinnh_Yahddb]\]\Z]a\Y[`gju~ue\`hg[QSZYRZ_^VPSRQTYUT]`XX\a[T]^]RROZee]Y[]WNKNFMXXUWTV[WWXUSS]jnnmcURSW`ioiUIEKMZbaYS^^Z`aZNQPIMU[_\W\iom]HP]cjsvrme]UZYbhe``VTYODILKO]]QONNRPSPSPLUVUPKOVJNU[_\UPPUX[^becWKQQO[aee]SHLQKGW_ZXWSONMPS]OQ[_WONPQLK\dd`Z[[YZ[de^\WR^e\YYZYWWYWKLVXaicXUW\^^_WR^nrn_Zaji[V`h\USTbh_UZd_Zaa[\afbYV_^\Y[[ZVNQ\`^VX[TVVSTSSWZZYTTX\][DUinp{{oa[RMNZ`_XTVZX`c_TNFS^[RRYYU[gicZIEPUVR[_biprlaR^o{xmda^Z\YLETXOPVWPS`[SQY_ZXYXUSPMRX__VTUWUMOMJQUY]YTXRAK^b[XRRKLNPOLPXZWTU]c`_VQS]bZW_`]_b\NW]d_TZ\XUV[ZSRVTMUVUTTPENQOTSSWXNSXWTXYYROSSVX^WORSWYZY]WOFGNMMOOUZ^bbb`ZZYSKSURKJQXVPWXWUURQWWV]\WXQDLTS\`VNTTWaeddd]Y_^^][_f_f{…‚‡Œ…xha``c_]lneglimni]]defeVNNQYWa`]ZX^c_^\YXY]bb[`bch\^be]\]jojhc_ZTUNGLGDMY[TUV^aa[QNTWXSLTUXTS\a^TZZUS`bZVUU\WSZXSXULINS[]_cdlx{rjy|tlhbdjheca]_cc\RNPUG=DKORZZJKMOV\VJORNKJKUVOJSRROKZb`ZQSTVYX\inooibYXRSRVUUTSQPMMMNMEN_kiYRPOWZWMQLABGNTWTQPUVUXTGFMSRLPUYWLHIORUWSF:APVQJINJHMNMIAFLHCJMSTMBBMZXNSVQU]WLRSLJNJLKHMTV\ZSLIOPQTGLWXULEUVSXVNRULOTY_`\USLCHAGKFHNJFNRWVMEEJHJJGEKOLHRXbhgntpjhkhejy……}liplgcYWbg^ZYSKT]dd_[]dd^i|ƒ‚xncX]WMOXYPLUV[\\ZTLNPS]db\WVV[Z\TRROZb[VYb_XMJRLM\\XY\XZUMWZ[QP^bekhXQXY^juvkVF?HPYa]PV_VR[\SRTRTZ`^VUW\caUW[VJTfrwslg]OQhrnie^YPFMFEJFMSNLFRa\UOKRPRXTTRSUJV[VPPTTW[Y[XakldZ]XT_fig\TW[[YOOTUUTSUVVFEGILWa`WQQOIIW^ab_[]WLN\b^_`b[]YY\]UQYXWWZ]\ccb\Z\]WUTWY^ilcZ\YVSRT^^\afjllcYW]YfpeV]eeb\_]_eie\SNX^_\XQ_b\[TOXZZ\ab]NQX_^[\hw•Œtd^QERXVSINSWflgYRQNOWUTS]aU`i`XJCQQPRXXY_dghbWVanrukega]`]LGVQIJRUONXVRXfbWOFMUOKRUXYYUWURPNMLENV\a`XWPKZ`YRX[UXXVRJS]]VVVdg]a\SHU^[OKKOSTWX\XX[VXUSW]ZSQORVTXQHHQN:EIASY]`[PNRRPQQXUQ^dc\ZQKQ\]TQMUZYUSFFPRSSWXVUWX\_^YMX]RHQTRPPPXbfbXTSSR]b^[YUQLU]b\MRVXdiebe^PV]WTS[fcbev‚‚{tlge^a_VhqgU_bedc`djnpgYKNY__bcabY[hmeb]ZZ`fjg``hiikkkidbdhmpocUKMOEHRSMOQRQQUTT_[SONSRT^aZSKRXXQNTXOQ]]VTXYTPXZVZWF?ET[_hekstojesuleacghf]UT[`\TJISP@KLIRUNHMRQSTRTVQTSTNOSSX^^flqvvx{rpmi`jz„ˆpbYUWR\cdghd`dge`]UU\_`kwx|zl\VQPSZYUW_\RX\^aWY\\UWYSROSVY^YY____TPS_he^WcaSY``]XPaVBFW\VJ][Ubg``cZ[lrrriTEKPVZZMT`^SGKURPNU\a^TQRQW\XVZU@KYcklegcZWp‚s`\\SXWMLYUQMIOP^eg[QPUQR[ZWY]`Z_bYTMZccf_XPLV[VU__SOZ^]UHIWadXMTZ\]\WVWPMSPRRZgg\QTWTQIFS^]_YRW\_V[fkg_[V]eaLTXKKPT[_^_]]ff_ZXRPV`ijcb[JIPS[aa`dcehkg^TW]ok\XUW^ghc[bkjdZSW]_^^ZYabXQNVYXV\d`TNTWX`dirŽ–|ih\M[aZTTWXOW_aZZYLN]^YP[b\X]VZWFMUPFNNIT[Y[^UW[Zkzyk_adda[PNTQG?O[SS[WWgkcVNPXWWOOOKQSQSQOQQZZWRW_[SSZUNTOFHQROIUXVOSTTYSYc[PNLT[]ZUOPKOMZ`YRSRYUQRSW[\ZQMXbcXP^aNEJLPZ]]\ZY][RQOWQO_fe^XUVOU]ZRKCFKQUMEFISQW[]]YYYV\^UIXZNKYVWYXUdlg]WQVQMWc\R]a[TSW\VPPR`ffedaWPYZ[\ba_elkuz†„zi_][WRVef^^cca]ZgklqpdYWSUXch^\\^cb]XSSX^a^^aa^bgg]dnqpjbdgktth\XWWODBSVZZ]ZWUKFOV\ZWVYYZ\OLMPNRTNPVTPTIIYab_[UPPUWLDJX`fje^moggkkgfgklddfgaXRWbaWTTOPOFHMRRPDFMKQXXYXQG@PYVJ>BFJKSSGEQUMNRSRONSX\jz}tje_WQWX\WLEJV``YPNJNZ`]VWYTQYZVMSXTMVYSX_]QMK@>GPTLKTXWX[YNKNX_VLMKIPWXUPLDNSTWVPLNIMWZSLNLDKNOPTRRVUQS]\QJQOHEEGU\MCA:DKRUVSQ\\PRQIQW\]\SGGR_lsup]HOQDIQUVXWQIQLER\bf`YZ[UIMOZdfjpqhioyxyxrxrq‰–•…c_gbW[dc[]bhhklbXW\YW\`owuturaVSU]bc`[\aYOSORRV^`\RSURSYWUXVTRZ^`ZVRXafeabcXUcfd\SS[SR[`WOU\TO]^^fcZcihmmeWRLNRUYadaSJNVRLUZZWYUTRTSWaYPOOOV`acgsum`\y…iUMOXXSX]\WTRV[dlie^]d^MOZ_`ejie_VW[Zae^WKFNVYWRSONDIRWYUSS[ccXW[[XglcUNPYVRLT\^]WWOMPTNQX[\UR]b^SQZacXY]\bfYJIJKIP[]Z`ea^_][_\QLOX``hgaYZZ[YYVYa_\^a\[a]ajgb][]aced]`efiaQW\\bfd_aaZ[_^YTNVWSOJU^\bffku{yt]N]_Z_dbc\Y]XV]aWMY[USUYYcf\\_WWRSSRXSCOYbdemm_bp|}sfhlgaXTRHD=?V^[\XYfki^STYWZYTVPGJFMOPQPX\^VL`ie[^]SV[VLIOWWSUWRPUY\fffbZMLGKIOX\UTUPNSNNXZXTLXab[YRMIOW_a`gj]NJGINMPTVW]\YVPV^YUY]]YZZTLNSRNOSVPCIGABFEOTX][WUNS[YTNTQMNPS\]^fkdWURTQIQ^XQ^aUMPW]\\WRXYYXWZTHT]\Z[WRYcegzŒ••‹{ljh_RHVbfe`djjccha`feaXPWUU_]]_`eikhedbZ__PAW]]]VVfjjhnvwoeild]\__\XQMWY\hjj]FNNIMVU_cda^UOZ_XRSGKW[SKQRQTUKNV[[[[WJOX^mqkjkkhqwse_cebXY[^_YX_edZZZXSQSVRGHPLHWUWXSUWUSKBRULBLXXSTTRJBIPSac\NKPMO]qythif`ZV[]\WNLHOUOLVXSOXYTPWWQPNLHFPWSOTQFQVPJNKGNSXTMFMTU[XMNPY[\[VWQU[XOJNNFDLNOJHIJOX]UKQQTWYVMMXUTUPJTZUW]XOGGIIPNHG@MSVWSUPOY\][IBVXYUNI>;BDQWYWKEFVZQIFOOMFKTeokaSOPIFHNQRTPPKFGLHHQTVQMEQcd[Z^[_ae^`ektysfdkz„†{a\_de]aiifc[TXYXNKMZ`cdjrwtj\^ca\Z\YWUPUYUPSVZ[]`d\VXYZ[ZQOPU\[TMT^jlihe\KGEEOVXWVTAHOTSPQRSRMMU]dlljg\SOT[`^XZde^UUafa\VQZ\VSUV_jbPRTS[a^_f`V^knssibXPVTINXdbQSed[SNOSVX[VQMMLMY_cfbaikliZSRNYZVRR^fbXQLHFAJSRWXUX[QFLNTWUX[^\WRNEK^\TW[ZNBMVXZ]]UORV[]_XTV[`a`_bUNYYRUV[ae`ZZ^SMU]YTSSSV^egbWVSUVXW_nobVTW[VUVWZWW\[^jldWYek[Y__TQ^bdb]`eaVPX^b^Z^[SVVVV\ifcp€…~k[TZ_\enmfa`ec]VW[ZZ[`elme^_a]\]_`a^[_gd_Z\QKJRZ[_o†~qnomc[U[TOWULNU]aa]LITXYTKMPQX_[SNFJVYTTPLYed\Z\ZYSLMTYZYQGLX_UN[WPIIMQURL[b]WY[WRRTSRW]`cb`ZUVRTWMNY\XRUXVUWVRMLPRVSINSONW\[_]UFKX][YQKIMOTOOVXHGPZ[WXXTWVXVZWTW_`[WWOOX\SLPMPVTQS[df[UUTT[^YUPQX]]^][VJLNMNVdfg`_heev„Œf]Z]_`]ZZ_abillpnjhoi]dfdba]`gke]_gmkb\RJXdifehbelbjhddgkfnsqdXZecgg_\gmkji`PMUXZWW_`\`fc^a`YOPXY\\c_[[_^WV^]W`f`QOX\\ailnh\Ziifkllhqrjde^Z[YTSUQLLRUSNN\dfaWW_b]TMCEKQSTSPPHGCKSQKPTSPNPMEENTRLV]empngf_SLLQXTQ]VKTXSRTUSXXWWRONKQURQVZYPIHFHPMDIKIJIHRSPTQTYXJEGHPOMPNNQSZXSQNFHKQUURWSOPYZWTOJDDGJLPVXY\_ZUNDGMHAMINWVJ>9DAGENVKQKGOTZZXWce^ZRKTWRQW_jmiYTXUPHQQMJMLJADWVKHOTWUNR[^```abccca[\lxwuvrvƒŽ~^Vdg]UXdlhe[VWZRRVVZ^dhfkrop]mkic[VNONIPUVWZX[SY^^_YTSPX]YUS[c_UUV_cWRTSF>>E@N]aZRVUQHKIEGPRRONTU[_a]TUVTTXb_WX_a[WT_c]TRWTNMLLWejcXNNU^eiji]R\c`ccd\RVVJFHS]\X[\[[SMQQQWcbXUVUYfqn`Saikh]WST[a^ZPV^`WJ<>KWTTW]^SHP\WKOWZYXVZ[QIHHL^_X^fbVIGPOCSZTRNNKRULP[^^YX^b]RUOQ\\YY_cVN]_WWW]]ZXQY`cghbVSUUUV[ilb^\WZXNKNXVHDR\lsm^YXbaXZ]SVbhd`YTae_SPQXUJ\faYRUNP`keg|…„yfKRc`Taddb^`debb^XXW`bcmldXUOOZc`_ffX_db[XXTOLW\]bnvusottg`_YYTOPOPRVdqqfRNKD>FQWUTWVPNPPMQRXOGPUX]cbWSRWVJNVZTGBHPSFQ[^YN<CGQUX[WMPPIJNQKFNWSRROQMJLRXVWblnllgXLINX[XTTLPVVNIOPLPOPOHSX[ZTLMVYTUOPPBEAAHLPN@GHKOJU\]SLLOTTPNFHRRQUOJIOIHOROSZVOOTZ\[UNLKNPQRTRPV[SOPCAGH;HQU\WMF?GPLALWXUTJIM\bc_af\TTPMQSTYS[ik`TX\WQKNOPJGIJ>OTMKTVVRL]gff_W[cbXNY_[amptxqotƒŠzilmeXKPZ^\]VUVW[`Y^ijijw{{rorogSRWVPJMQXNOUNJQZahc]]WTYVIJWX^aa[T[]UHKOQPH?BN[XOPUOIOVQGQQSVY\\\fh^JJTUTQbh^SQV`^__^Z[VWWNLOPU`jh`PKPRakjgb]UZgh\]\SQTQMUUUX^`YTXYXY^[SX^[Ya``hmle][VVYOKTQ\eeXQPP_bSMR\_^ZZ\XPIKY\YPTZYSOY`^XUOGS\YV^b_XXSVUXZURUTSLFJPIIV`eaV^c\VYVZO>Ta_[UWZ\[VWSPMTTNYaeaYPSXRTUY^b`\Z\gmkaXU]aa\TTYX]h`QTWRQX`e_\___ZSQWVZZ[MZeb`_WWXV[`]Y_hnolcY`dfcd`UONTZYWZ__baUS][\WZ__diaY`eYLZ`XG]jeZ]]^^]QQZUY[]X[`ahorroooj]]`b`^Zbini`WVZ\TV][PMXcimmmf[TLJMW\Z\\UJIJKYa]Y^htuuu{}hQWZULR\\WURS]_ZXXRJGKU\\UW]ZQQHNVUMPSNHQULFKSTUPIHSWYVRQXUQUUPLPWNaZPNNOQY[SFGPPR[bca[TNMKNUMC?KY\PORWZ_^]_]NBGKT[XUQGGQRU\VPHKOPWXSUYSOLY^VSW``SPZ[WRNSUXXX\QPWXZYYY[VJKV\`]XacaWTSRXVTZ\VRRVZRS\TTSVSNUakmghqy}…‰…saSPVPX[ZRP\bZX]ZQ`e^_d^]gihgdXY`ca`acaccYTQVZ[]deWFNYPSTW[[^epodcw|tdV\^kutdY[[^XW[]ZWNQPNRLDCLTZVDEOOKTYV[`]]eg`\]_beijlkegigbWTW[ZSNTSDHXT?GUWUU\_]VOLF@GPV]_YMQPIPUTKBEQTY[SNPNGECFFINPVWVSPPPPYcgji_SV]UQTVUUXVRNMKTWSSXMLTWXZTMONHKMPNOFCRZclpgTLSPMOSTUPKHKNGJOIMSPJJLRUXWQPYSGJGJNE9@KONNQLCEIIFJMIJKQQI@OSUZZ[SQPOQNUZVRUU`]XTPPVYQMPUSVWYblk_PTW]TJTWYYWNPbbRR]infMT]]^``_fdccd_fhd_YQW[]bproqw{|tv†…qaijd[ZV_jdX^afe_^^`fljqŠ‰|jd_WWWTNDN\_^[VRW^][Z^XU\_ed\WYZWZ[[^[VXZ[WLCDNPNTVOLYdc^XUZSBGPUQJFHO\_TORSQNKOWWTVUYZUX^VSacXUWSKTZUIR`hcWOGLRU[cfjisvn`PNSRJELQ^YT[WU\[QHJS`icNZeb[PT]bVKTWUZce]U`eaVNGPcfd_TLW]_VR\ee^QHMNUTRZfd\ZZ_a[XZVVPU\\YVPP`icUDMMR_`a^a_ZRNLLSSU\ZR[^ekfUTTUTWR\ab_[[UXff__XVTPTWQV`egaSR[a`ZXSPSepphfeY]eleZdfafgdmqlhkjdbZSXdgfemnnw€pbcaX]_XSgmj`W[\WOOXSQU_lnfba[WUOF>JQVWSQMSSU^YNS`fknql}ˆ€gV`\MPVVSVbffkaLOSRMJLVWLMYYVZUPRRMQZ[UZ`WOU[WPTOCHORYWSTQY]VHRUU[aea[[SMKVZWTVXTY`cc`\QHMNNG@EN\`XONY\SP[YVQRT\\[USNEGPTWYZYQQTPMLMTSTWX]^\VLX`XTRSZ^YZ]de_^XOU\]]WTWSMPXZ]``de^YWTT[^[UY\^]YUQSVWZYQJOXadeddemv‰Œ‰€lWXIFT\a`ab`ZYWX\ihYa`]]`dggbZZ_[VZ`a]bgdWNV]b`_VTXcePS^_YNRisregtscTX]huwhWY`\XRUOMWfhcYWRIJEHTZRN__XSSKPY^adca`\RV`fgoocahea\WOR^[IDHGU[TGISVRTUYXTPOLEJUQFLRUTYQOTZTIOSVVUSQPKEFHRZUKPWWTQQKQPT`cgijhb]YTWVRLCMVTJMY^UZYLHR[\XROKJOSPW[YUSPPWcqp`Z^YTPMOLINPOQTTNJKRQDGNLKLRPMVYUQMIOKGEHOSQIAFMQUSKEOQVSSTHGEHIKOUUPIKGGKHJQSS[ZURHELHHFOTPQ\ahjc\VNTUFGMOSMLJU^SGR_e_MIEJQX[]cc`_`\aih`YRU^a\_jjmpprldlz„‰ƒxlhbcaY_`[Z^X\VHHMZhqpnu„‚xle_[[]^]\UTVX[^]\cfdfgf`YZ[]YWWTQJOX[XWUULJIDDSOS[[VKnpf^VXUQUW[XPIGHRZUPQRTTVVUXQDJQ[]\XPNV]XMMLJSYXLGW]XVTMFTRRZcekwytiYW\ZRTVVVRV^XMBJRSYY\eg^bhiaZXZ[UEMSRSZcgdjphXRSLU\__^][XSGS_hhcZHIKOQOPZba]MXd`ZZZUNQZ]ZYXbgfb\RHGQ``XYfhaZTXSSQOMMSY`kqobZNBCSXZ``ZY`]Xajha]YSPOSRSYchf][NMVUQQHASgsm]_[amso][_`ce]`lopmlokbZUYgonswrvƒzkf_XW][QPekcXT_]UMPTTU[jmeZX[YQSLBMPSWSUYZ^dh`QN]kfijdh{~zoc_[``YXVhncYYWPS_[UQLJMQSX\aa\LMVUPSSWWUUT[\STXRPPSSTWZY_b^TR\]bghc^\ZXVZYRMMLPV``[WWOGHOLGDADRWRSVYXZTTSPTYSUSSOKP[bec\_\UPSWNNQOPTQRRWWWZSKQTUTTQUZZWYa^ZULNX\^VSXUPRYXW]bbc\TS[XV\`]WX[c^WZVMIT\[TT\a^]eiaddiq‚ŒŒaSM>=MZYXfeYW[adehfbhibX][VY^^db[ZZY]\[[\TNX]YVSLX`_XQ_d\DI\gf`cpxsaQU_fihaZWTPVXURQZefb][[XYSPV\UX\Z\V\ba^\\`_YWOTUZ[]fcgmlid]VQY[WQJDJLLNQURKFLNQQTWMHDP[RSWTPPPT[^ZPNRUSGCEMUODCLVWTZ`_YHLUTXRT\fipwlZSSUSKFEU\_YYdfZWYM?CGY^YSY\TLSPOUJGJILZ_SHLSSPPOLNRRKFBJWYOJORKIMOMGKRUUNKLJHE<=JNQSNK\a[PLQUPCLNIMRQHUVLMZJQW__V\`YYPh|yfQOXUPSNFJTQQRKXhqqghmd_XRQ`e`bkiVWaa[Y\^^]U[\VOQVbb]Zdiignqj_q†ˆwgXNVXKP]aTONNW[bdbchnltzwf``_`^\]^_THMQTYXWVXYY`b]TNLELSQMMW\`]UOVWPTWQU]ik^QPe_[TZ_PGPPJMLS[[UXUORPVa`UTTTRLO^he_XM@L^eeVNOQHHX_kjWQHDU]^bdcelniZ\ile^Z_fe`_`\[ZZ\U^lpnkf[XVVZ^Ycnm`RCBBLPOSeonhb\\__ZNR^a^fh_XVPIFU`a^^UNLBZdb^[TOQV]`[X[_bffaVZde_SSce]TX_`ZTY\^ZTPVYUWbkolc[XWVikbYVWdfca]]fbYYY[_YX^`_XR]edcc\XZY[geVa_NIQTYTPYbgd]_`Z_d^d`VY\__gtsw€‰ƒrb_cde_U]^\VUakhZQPYajg]SLF6I[]_VW\YTTWSWYX^eaNIV[cip{}rs€‡~iV[_\[emk]YUNTSKKRTW[ddYU\ea\\YUX[[Y[[YQPLQUSPPLDKLGMPVXST[]PIV^`_WQSXVRRTPOZa_\Y]`[TNSMU[[YSQRW_]WQCCHPUYY[SNQPECENW]_cb[QSPJPX]^YTPPRY\YSIQejeVNV[[\^`ace]PQOZbc^XW]ab_WRWVRR[Zeide_VWYOEWVPTWWTUTMU[YUR^da_Z]ft†Š|mcRISTIM\ccaZUVWYVUWY]UUUV[`db^[VckaXY]Z\caXRSVULM`c[]`]T\ihjiddc]_gda`]Z_ba\YSTX]`[VRTY\WVXUU[ZPPQDJZbfb_\STXU^_^`^VVWRQ^d`b]TLDJW_]WWVOGMSPLQSGBMVVNOQLNRSQHKX\VKKTY]GDPSSLGQUPKFGLOSVPJMQ[^[UOM`kiaebY[ZUKJWXXUWVPNQPPUVY\[RB2DZ[TSMGHISZWPIIGBGGDRPPQKCFQLENQKILNQTRHEAD=EOJOWUPGHIMNQSYUA?GGNNF=EOSVYXbh[LJNPSNJKGJLST[aVNRWIPSRUTX^]\aiwveTNVZRMIIJKIO\\^ba\VXeg`a[X^`W`nkYHIMWVWRMNS[[\XVX_eg_ekoiksrhev„…~wk[SRXWW\\SGBMUbkjd`gjq€„wbZVVac^bgaW[\YXROXad`^ed^XRPZ[LEHX`^[RMIGNUXXW`kpcUWRc`TOQFOYXSKCS^_\]^\VNSZYXYVKGFNY][[YPMWaf\MPZXW^blrfSLFL\bc]TPetym[enla]____flka[[_bgolkiaRKLXdg_YY^`UGIILPGNWhng`bZPPQHN\fgkrnd[UQCRgkaVWUOT_e_JJOQPUZ^[_\TU]aYVX^fdWV\^ZW]bhd^]\\]]VO]aX[kvynWRH@S_cb^ZTUX[__]a^[cgaYZ[`hlgXajiigcc`YV`cbeif[VXZ\[VWZ[Zbegdddeb\QYekhlqpruzyrbfea]YY[^]W[ceTPUQXdg_\_WGKXbbZMQUSMJJVXZ]ef\QUY^bpwyrlq}ƒ€p^a[V[aih_U[ULLKNPNR_cXPSag`\[VMOSX[Y[XWVUXZVQQKGAGNJMV_TOYULGUdmh_MOU`bWT_d`Y]hjbSRSU[^_]VMCHW_]^[UWY^dh`[Z[ZYYOKT`fgd]STTLDR\XRPPSWUX][TLR\\VMKU_ZTWVZ^XUPT^_]XXWTQNTWSRWbgnfW_dda]XQLNUXMMTYZ]XX^^UUWX^^_jrogq€…ƒtaXOOROY_][ZVURNQPONNY]YX[YU_bZQO\gbX\dfac_OOW^aXLVY[\UTIPV\_^`jnmlgfadif^[YT^d_\[[[XXSUWQTTY[`fb]YOJIYccb\VSWWVWX^aXRXXZUZ^_]\WMNPT]]\[ULNUQJMJKRQUWQOTNDKNUUKTcd[TRVYQ@FTSOANVSTOSSOQ^\ROQWVYUQNR]babf_TSSWQU[WTTXVRQRWNISWOKKKAPZVYYPOKEMOOFCKLKNB;FMOMMOLPROPRMONONNQMGC=AFJOSUTXVIEIIFLLLPSKBJMCEMONRTP^ZRPPPOQJIQRPX[XVSLIQO[]XPMU\YS\gmka_\XYQFNSQRQGP\adb\VKQUX_b`_\[lsl\RVTZ\[[KFMV][WY\_ffdYV\Z\qvtkjihox}ucVSdd_ac\RPYbknmicYYr€~re]\][ZanjQUWRPL>?IU^\bc^XSOXabWQT[]TGITRYWLT^\_fcY[]Vfg^YUMLZ`_WQLPWYaebVTQPSRTQ@@IMKWZWRY]^\YZUW^`]bgjqh_ZPOUZ^bb\VcpsgV]geb__^_huvne]VW_fg__gbYS]ij`VV]_TOW[VVUUVbqqca_N@QQR^fiklgdhjh[Tbnj\TSJP_prgVMTUPLSZ`e`adc_d_^df]PY`^]]bhd^Y[^^^[]bc]_js|wdTIGRVVWWVPKS^__ebYbknjb^[bhmedfhdju}vlgbY][[YV[WRTZ^^]YZhnj^VYZ_[R]ijhjrrmkvqgig`SOSYZPV]_ZOQOIUaZUPMKNW[[RJGLMRTSQVOOX_\YXRUbr€‰„rcgy„…xgb]]`bhc^^a[WNFMNJSWVRMO^ec[SWWXPRXWTOPWZ^\TSTPTY\ZQXddSOMNRLWgg_YVVW[OKZ[RRVZabZVZXUSSWQJBMSPLSY\_d]UW[TQ_`^b]RZjkb\ZYOSROSVVWUJJQXUT\_Z\_\^a[MRUUXVUU[c^WZYZTPIOVPDMSTU\guwn`ceb\TNUSMTSRS[_a\V`gd`[RW\Zbqsmgtƒƒuh`SNYWX`^X]YURIKJGMMNQV_`]]]]ZRUW[ZXamrla[OQ\bb\TMHV``XK?IQ^inmfgmi]X^b^a_be^_[\__]XMS[_WZWOU]bb\SRSX\\ZXU\`bYNNS]b]]_[XZX_c^aaXXZUWXWWXVRNQTROIOUUUSTMGAGNNHLRX^\WSIDKPIGLIPRWVOINYWT^_YSKMRNNOOQQQVY[Y[`^\YOU`_[XTVXWZQCTYOGGNLMUPIRPPOKJGGG?BJLOLNPRPHKRRRORRTUMIPTQRPRRQNKSYUPRTTH?MPMKDELQRLOVRIMWXRUSMOPPKFMPSIMSNLVZVTRPRQNc_RJMNJOUVYY\_^TU\X\_Z\`\MP[\\YRHIT^fg`]Yetwo`VW^b`WSPHJQV^\PLWZ`f]VX[]jnmmopgiz‰…ug[^c__edXS^_`hg[[XW`ltwvngc]WTjrcHNKBHLU]XW]^XXYVJMMXYQVVSXVLY]\YQO\_]_]VY\[ZVSRSLCSTQVZVSQQLX``\VUWVRRJKPNAJ\[[ZY]`_\XX^`]cf^\_YTRQVRM\fg_XP`iaXba`a_\TN[mmih\SWUV^\\`]YY[ZSXUSPRXZ[ZTRLIPdkjfd`XOMQSX^acbXbmifaekeYTQLLYiqkWNVVPNHRY][_klb]b_\[VN[a[TRVX[`][_\SON[aZTgkmsld[V[cf\da\ZZ[bY\^^aedehbY^ggda]\Zft„tjbT_e`ZWVYSIP[ddabovobTQQX^`dhcYWajpoutyzpge^TS[`\ORVXZ[TIMRZZ^^VPJPVGFLSSLKT[]YTOWYUYYSW_ev†Šlem|…‚p\YXXZ]WV]bebWDDLRSIERVOWad]PRY\WOX[SLLY^^]ZRROU[\]ZWX\WTQV\ZVPLMRNZSUTS]YLPNRRYZTZ\ZTRSOJDNXQBHPOU]]UNXUQV\_d`VYgncTPWNEGTWZZZ]SCGQOIXegjg\OYZPQUU\]]YZdg_XTNTWVIJRQT]]RVhqqgdggdaWQ[YMGPLKJGKRR\caZUIGPUZejhkr~‡ˆ|d`^WSOSWRZ_WWU\]XX]WWRTTZ`YX\\ZXWTRJV``\ODHIU]WTNLV\ZXVPGEMRQTQOUNPU]dc_\YSYZM\lpl^TZ]nvpdVOW\[^a\^^]\QJJJKLPTJMTRLR\[LFV`\Z]XKR]XPQNLY_SNQQNLGFLVURVQHLW^VSUSXXXRQW^cb\[XTTXW_b\SDM\ec\XZZZ]WJJQQXUY[XeqrsnbTHPVXVSSSURCGTXX^ce`WSRVX\^[XW[`]SR[ZZ[_XYb[HP[ZW[[_^Zbqyxl[T]cbad[\dfc`be`RS`d^UQSTWZZdknnmw„ˆu_OISRTMHS\]ZTPUV]_^_ZRR\_]]VOZ`]UWYQHQRUVTPNQUY[ZY\WNNTRTOTX]^YT\ce_\eniXQRW[]]_fh`LK\a`_[WPSY\]ZYYVYaeebfge_[[ZYXZ[Z]\\W[bdg`WQSWVNGRUCGQRKGQ_e^VURUPSQUVYUMFE?KVXWUSSSUSMOTTTNQZ\YPOMKOHM^bZT_eb[^^]`ZU[VRVTQLIJNMITXOFFLRXRCBKDINTPKKCCPUKCLMMPTROMOLTYZYVSRMETTU\a]UMQXNMVPMNV^c_UIDGPIOcd[MLPRUTMNOZ]]`]YJ^fdf_VZ_ZYVVXTPQT\]VLMU]\TVT]pspkddea[UO[]XRUPLJLLSWST\X[begceinrnfksnfu††~{rXY[[Y[aff[OU]^VgoqsqyŠŠ{_USSXYYPONNTYZUTSUTLS^^VQ[_VTQMQZch`T\a^Zee[XZWPVYNIVPS[YY_^URV]a[XWW[VQOLISQOWXOMNQSKUYY`YSU[`aZX]YSLJR^igbb_[VNMLIKNXfllbUU][[POWV^modPJW_gf]_d[X[VRY[VU[eiaU[baZVdj^NKQRPP]a\`d`YWZYOGKIOY[\VWYVOQZb`W\__]UX][djhd_[Y^]UQQ[baRPPYYXS\ZWYSMO\jrkaZSK^hf]X\[`__[OHW]irmha\`c]NGKSTZcheYWZc^[XY\XQVSVZcb\X^[]RMTYUFGMN`fd_a\hy€‚{tkb`WR\[TKLMOQTQS`]X[_ZZSBBMMMOOOHITPKLRXQM[aXORZcfkoi^PXiz€{mVIPPTRRY_^XPQSQMMSWNDJPOJSYMJ?LY[ZXOMUXROROQXRIKD?JMHFOODQ\XNQ][WSMX_]UTRS_aZSRTWQX\]WJHKV]XYYWQUZXOPKKNOSS[cjpof^_Z[[WYZTJONS\TY__ab^WYVPVb_X][]a\WSSRPPUbkj\VYZW]VRZX_lwti[YTMT^_WVYaa`eea\^bb]\ZQQ`b[UW\egg`|…yc_XL@PUOW]ZW]YTMNSV]`XPalh]UPYXY[VZWNMRXUXXQQTOSOP\]ZVYTRTSPNUV\gia_Zahe^ZVRZWT]dgbUKW^a_`aaefbaXUVV\binqmdc^[Y\^_\ZZ^db[WX`eg^PJNMMPW\VIDLUZUTZ\ZWVNGNPRPRMEKLGHFCDIPUWZTKGOW`_XSROMLSVRNEOZXU\gj^[ZW[TS\ZPMMNOIGKBFNUSQWXWKV]^`[Y_`]ULGKW]]WX^^ZYSNSMFJPSVTSU[lrid_\]\^_SJY]]aXKLY`]]\XSOTQMT\dffjngenqfk{€}€„y]_`^cdcbWRRWZVQfttpjz‰‹~bURMFYbZUQQW\WQVYUQMVYWNX]TPQMLR`ge_\_YR_hdWU\_ZTOPJSRYYTV\[VT]bfid^\][\TNSRDJQUOSQS`leZRQW\[\ZUMMX[OHOWUQNQYYVXVZTR\eswnd_X]_^\PSWcmoh`SR^bd_bdaZ\VJW]UXY\]TXghd^Vbf[NLOQMNVa^Z\\WOY`_VSUUQUZXQPUUVY_`XV^`_]WY\`igWLEQ`baXRW^a^\XVTRLKQOQL=@KYcfb]VTX[]YIM[a`[[[TVbimrqljdZOYRRY_dbnph_ac`[XTSRSTVU_d`XTZ^\WY\\WaaVTY_[[`iw€‡†}sokd^Z\XSZZLL[]PLW[VZ_XVPOVVTUSSUWRY[QIQZXQU]a\XNVajsul\U\m}~s`UY\XMQWZ[[ZTRTTTXUKKQMLPPSW_XDR\XRKOW\`\VSOPPQNKB?GICL^]QQ]\XOHKPICMRNPLR`a\OEGKJJUUTTMOTX\ab[PMQSQPQNKOQLPU[fgaXZWX_^RPSMNJT_XU\]\_b^TNKXhjbZWWZYYVWZYZ[V`fh`RLSVYXZ^^gnm_T[^TS_dbXISZ\[^ZV]hg[WZZIZ`YQN[jjf\v‡‡|k`YIT]_bbbZ^a_]RNNMTZYZfh\SMVYVZVY[SPVYZcg[MVTOUWW_ggbUV[XOAHP`psngc`acdcYT^aYW]c_`\UTZbdc`\c`\ZRVZhmnpqh`ac[PU\]\\^ZW[USWTY^[SRSQUSWZUMBMY\]YSUYVTQKQVNHQTOMJLNSPIBIGABE=>LWZZYUI>CMSXZ\[ZWSZdgdfea[_XPLMMIJNPMEKONNNDP][WaYNSVTXZX[ZVONTTVWXTOWYYVVQLB?LUQGKQRTSTUWPPRNQONMOKKSMMRMIKJNRJHFCMQQMNQPQRVZSPWYWRJKNJDARYQQOHGMPSVX`Xe`WZ\be\OKRSR\gdaa]_a^XWPLTYS\[Ybflm`T\_b^]^[RV_chaKHR`c]]a]\][TLR[^XZbmjjrvtnmoyˆ‹~c^]ba^XVTRRQX^dkmpla}Œ‹x][WUW\_]WQKIW\YUXUPUYWUU[]WSPNS^ecZY_\KH[aYNGSX]^aXTNKMNMRZ[V]`U^ieZOTZTONKIJLU[WPMemeVTPERY\][SPZZSRWaa_THOQVZU[_UPdoun`WWZ`]`[RPU\cda^WSQTR\hg_[WPSXRVWZ_[UVYRRLTafgaSNNMNW[VONGOW`aXQSSRQTVTOY_bedca\XVacQLTU[`XRJQ\b_YQU]ab]SQWUXVPPTWSFMO\fgcYPVPMTQRRSVYZZWRQ\akplgc`]]YXY\Y\kspdeihb\TUUQOW]`hkif`ZYVTOLUcdVONRSQS\jy…†}klkb[[YNShedS__OIQRKNSW\^UMRWTOMNVTYdbSOVSW^\MGKLJYhnrj_VX\oywgRX[UGTVQR`dWMPLQUQPXYOORXUT^dYJOSOOPMO\`\QQYXVVTJABWYRZ]SHINMLNLQQHJGW]WYbeaVCKSPFSRIFFSWRSafd[RVXZUURSPPZaabafqqc[X\\XWQSQUYUPS]dif]SPIJR]de\ORVURVUSQQUWX^`a[QNJQWZ^_`imjd`^[XZ]]]\^]VTZVQQ\gjhgd]ZZPQVSUce_f|„‚tdTOW]YW[YSY_]a^Z[WPGRRR\YTONQIMTVURPY`\[\SJJKQNV[YXYXUJPYUK>AP]ktvuoddmqk[S_`_Z_\_gbXR\ehdTKSY[YY[aedgkhbccb]X\accZZYVXRT]^[`b`b]TLFJNOLMZYTWYRK@@KSW[RRVSPNOLJX_ZPQLBELRTSXYRKNLDEMSSTY^\ZRT`kkjh[YcbUEJHLUVNMMGNUSRRS[^\_ZQSYYVUQUPKMTSPORPIKNQUUNLROEIW]UOFB]^]YSQFLOSSSSTQLMOLKMNOG>HNMHAGNT[[SNKLSYWSWZZWMIH@>AJRNPVRURIIQ[dc_c`XYage[OQa_RXYVTRNUYXQOQWYRU`ciooka[c`XZ]Z[\WZgkcJFLXifQKV\__XJSWVMHWchhlnqpnejt‚…r`dc_[\]YZ\VW^U]ongnz‚€n`LNMV]_a^ZTZ]VRPNWej\XYZ^YVXUYVW^b_a^ZRO_jfVJDNXaUMXCDJOORZZW[URbf^OW`_XSJGIHGPRQL_mmaUTTNGQUVRMRY[]\Y]beXQRTYXXcbWT\irl]RU][[XNOQXcjgaXPGP]chjhaXV_g]JIU^XUMAIIFJLZfjaYYYXVTMKOMHO_gbWQIMWUV_VSVT\cd_]a\`d]PSRZbe[LEOZ[VUU]hmi_Z\[abXWRPTX]YT[dkhZLIEINGLUNPQWYXXVX]d`_bceb^Z^bhfdml^^ca]XWU[[USV]d`\hkaYUVYU\ei^VWVW\a\^dp{~upmhfb_[fwugYT\LFQNDHIJWbaWNUVSMHKPU\^VNOLGQVOEHHOIRR[aeae_gu~wa[]YVQYW`kj\WYPKPONX[WSSYYQJUWVNRURRRKOVUPW^XMR[[PJLTNW_b_WKGMLPXYSJL`geeiif]TUYUPQMJKNUOLNVXVWXTZ^][Z_d\X_efa^p{vgRVY]`VSTR\YLLRTej_QNKPWVVSQLKMJMSTVWPJW\[X[WPTVQJRY]Z^bili`[c`VLYec^]UPKSUY\_dc^\_]TQTV_oqjhntz|yiUOUZSOYUV]\Y]`^ZLEMTSRX]SOSV]^[RQSU^cde^XQJVXJUXTVSZ[WZJINRTCPktsoecghhededbab``aa^[TZhi]TRIPX_]WVRX`dhlnkg^X_a`^\c^\a\Z_[]`\bg[QGHNSUOOVW\]YOCFGV^]UMNJ@ITXXXVVWTJDNRRTXYXXSRMCAFKKOPOQUXUTZaiohUTVL@UQO[YOA@;DORRNXXSWY[YVWWYVXQMHGTWNLSSF=MW[YQHMPICIRVTKCD^]WQKQPJJJNPPKEFKONDGLIKJDCD==GMNRPJFEPUUTSVX^_UPHFJPQMV][SOQJP`d^Y[W__V^d_ZRX]VLOUZZTJINHIV]ba^[[afc^X`ldYWTVLJI_mqhODOQ\cYJOWZXUNSXNNMUff[Zb`iomlii€Œ‹yfi]XWSSY^__UPUfjlux†n\VSE8L_c_ZYSIO\XUmul]][\aa`^ZXVTV`]OOXTRej]RLMMUZ[WPQQORW[XKPOO^egc^ZW\_\ZSTX[ZWZdhfc\Y`cXJQNPTLT__dga_\XSWX\^`c_QXSTkpbSMTajk_SRT_db]YYKG_jml_SNF_knfUSTNQROFE@NSVWY[]]\VMKN[_ZRMS\bde^LXZZ__XSV\big_[`a_WUVUS]ffYMQ\]VVYZbc`\UPYZZQTXVMM\_XX_mtoZGJXZXPR[QUXZ^_d_WZZWckg]\^_fidgrtj^^^YSVW[`ce`]`YP]d_UTRUW\be_WULSXWSWZlz~ujksmf\`nohRHKJISUSQNJQY_YLQVXRIJXXMJJLNQQPRNFGHJJNRQVbjg]Zevxh`edZWUUYfd_a_XUTQACO\a[LJFAEGKJN]\OMSRJRWUTTRTX]`XMRNIMU``VOOPOKLGBCQic`gnme\ZUJFHMTVOUYWX]]Y_[MQY]\W\e`Z^\YUY_ge^WQV\YQQSU]`ZUNJFVZ\[RKUZTL[`VTVNKJMUXVXaZUSRQTSXPDFY\U\gnh`acbVHTcbSQSIHV\UXbc`WNWVTQMOS`lpjdn€‰‡zfXTWRIQWW[]Z^c^TGEPRTV^\SILPRVYMJT[YVZab[TRS^^^\RX_ecYPKHCCOWQHalihhffekopmgejibfd`[`ZT\a^ZXSNTUZ[ZUSVY`hfgeadhe``aed_cf`ab^SOV]ZTRUVTTQHQQSPRTOJHNSTOKFGEKWVY_[]XHD@OQRSXVONLGHGHJMNG>DPPOQTUU_jlcWSOVVOQ[^YVSKAHMKNYYTZ\YUPQVSURKQRHPSQGLRJHX_`ebUC?@GMLUXWSPTZ^VVYOF@DMOQQNNVZKGQKHGHPTQQY]ZTPOSVTUSSRNPVVOMTUPMOIKW][NMHJ]fe_]\RY[]c]WQSZ[WY]``]OLVP=P_lpj`ZX[^XZlrlb\PNURR`puo^RJJW\^ZXUNDLRMZXTQQ^jl][_hqsnfcYm{uwuk`ZTUSV^`_YWX^gqljr{{l[UPKKVa^[\WNQ\]SXde^\][YWYVWSSW\daVRZUQQZ^^VQXVNSZSOPMRXZYOMMMYdgfa[PTd_`WW^_WRTXYVQXYccYPMMLSPMQY`modWNQV]gf`abWQYWS[SJRPTalqeXU[d_\ZZTQZcjllgWF2Rb`[UQIN[`TNGLXZXMKV[ceaZ\bc\OHIU^cgh`SUUXXZU[`]]e`\]\]a]SX]X`h]RUROIQXXZTLTUP\a_SP^_VUYZVQ\fmneRHMX^^USRQOKR[^YRQSWbiaSV\VYb]S]jjg^\]__^^ZXfoje]UV]`a^TDOX\^aVLVX]UIWbluxqhlofYTYcf]IPQHLRSUSMOY]YPNROHHQX][X\VHICFLKMQNJ@GLON[ipfY]hwwmbYSUUROYXUXRUXZYI@EKNNLLPMFMNORY]QJHSXWWTNSVPLNTUPRLMSU]c\QMTXXMGIIS^c[[`cdb`YWPJHDPWST\^]ccb_]TJQX\TZ]VIKOMMX^\[\_ZXVRQXRO^dZQINPWXWRRRQVWOR\TTXVSSKJIOT\YQV]`aTTXQNUXX_joi]Z\[[[\_edWUTETSRT^cb`USZSMPPKS`ihilt†}iSOURKSZWX^]^c_XQS]]YXWUPOUSGNXTLTWWMILRTNVUPYdaXZbe^SKMOLHQUTYelqrkeZ`krqlgd`U[fkha[T[][^_\ZYUTV\ZPOSZ]ZYeheefc`ada]ejbUWbeYRV[WWYXX[XMNSRRLPRJOJOXVNOQGIVSQQJGU\XGKSRTY\VF;8AHLPMLSUMVVONSOS[]bb\UP^_MNX]ad^SLKNKLVYWY^]]ZVXVRNGLDAMWYWMSM:Q]X[cb[OEO[^\WSQUUS\YRGEJIFCFMNRUW\YMKOLHJHMLLNV]\SLINTVNORRMJPWRQRVWUOKFLUW[WRNQV]^_RKPW_[ZSIN[ZX]c_]SHTUQKR^kl_MMTXZZci_YTKCRXTXbg^PQXXUS[^^\SKKQW\^YV\Z`ge_eilljnql]fhx€~tonkaRL_hg`XZ`ilhly‚€scXW\\][VSRX^bf_[eih`]YTJOWWQPY_dbURZWIPY`idS[_WSWZWT;OY[YJLUOSX\^`bVMR\^ZZfjf]RMOQPKTbkeTSRJKLNV[`dh_QQSQQ_cb`_a]OT[][X\\\ZZ`egcnxo_\[TPV[ZetxoaUEN[]ZRMFM_bZPKSWQSY[QY_cff_ZRGMEPbkja]ZUTaf]XYed]_bed\Veg^TXW_jkd__VTZXW[ZVZ^\a_`XKUOP[Z^`UHVXel_KNRSUUVXWVXVJGKNRTRUab^[^`]WX\VPW]^_YUahba[Zblmf]PNT\bbYORZa[X\VQUX\XPRYfv„ƒxeYceYTW`aWM\^RHRWQRTSQQSWSLKHDHVTSW__VOQPUVQV\UH:COSSapp`U\v‚p_SOUYTVV]fc^`WTL:?QPPQN]]TOQGCMZZVQHV]ZWVTWSUVSOOTQVYOLVOKLM\ihYMPTafZa]OMZXTQNMILTRQTSNRYYWZTJSWVVZWNLKOJORV[[_fkg[OPZZSVYWWPOT``VFT\XUWPJJN[\WZ]]]YOTYUPT__]YXTNKKLZhqsjYRQU\d^Y_abcbS@JLRQ[\baU[XDMTJR^aefjjfsynYOVZY[]]^[SS_c_]X`]VVSPW[UWYVWXRTWXPKJPWPKUWRV[[Y[YUKHORRSJNTSVafgggbVYipjig_\_ktscGJTZ\[X[[YWVXVMLZcd^[[^_[QQ_d`^VWbjkbU\gbPNY]]YUQQ\_VHILCAGBEAJZ[VTUUROOPPPFM]aUKUZVOPYTGGPVVOG:J[XSVQVVPT[aemphW\b^WRWW\]VKGKDMSOUY\_^ZRRUY[WUHIJGHWUUSHBOUOW]\YUKOSRWZROGN[SNLORTURRSNHBIQPNQL?JNOHHMUV]]RLLHPVUSWSLIISYWSOPPQOSPHCGPPONOPUTRZZYU[^\ZXNHKCNZ]_^SVRJFQWTZ^^a\Y\[eeWLNLAEKSYdji`VQW[WWUNPQOQUU[aW>FT[cigbgkhfjtujees€{okibTOScfdZ[eb_gmox€ujbZXVY`\ONZ^][W_fd\UTZZVURPPSSYYJHU[UWZ[bfYO[aZTWVUZQUWZZ`e^MUXYa]Z[TWXX]ink`USQQOJNO]dZPJBCFCLR[[ZZURQOWa\[fgfifbZXWZ]dhilmig`fvscUOV`[ROWq}|n`ZWbnoe[OKVaaWLOUTKV_\\\[^\ZUQGMTPZgiaVZZT^fb`ccdaVSXbZMZfi`Y\WYgjbSOTUMO\_VSV]_RJOOTV[`___]TQScleTIJQWRR[_[_\OLPNRY]cb_]^[]^XRPRVY`c]S\hjbZOT`a_\XUWX_^UV_]^`YTQUPLOZ]VYTk‡†~h^_`VNSTLR^d`\]ZXSSZYPKXZQISPFIKRY\Y[\XTUVYQQRPPPQTMS`jnier‚‡€o]RR[\WZXWY]`^TOGHWdcRER\XPOL@?P[ZVQQWWUSPLOQWXST\VOUQJVQC?MT`g_MOOSYY[`YPUUNCFQQKRTUYUPU^^ZYTJVZVZdcZSPSUPSUSUNScicRHMVYXWTUPLXbg_QT_ccbZSRRVWPV\[\`a\XSVZ\adb[Y^_UPY\ivxlVYdiiYHRZWZYUVWOOHMWUVOY\PEQLMSP`hllfcornaQWY_^]a^Z^efa^XZWOLQNNSTYXTQWVVTVXVVV[VOQW^a^^][RPRRPLJUYPSJIYdfgheaaiogbfccfhmkfZMGDNUY_[[_]UUSNYehdb_[ad\VWdiaaehe`]Y[_[QRTQKMQZST^WQXTPPMHHKDGHLSY[\RLIKOHQZWI=JQNGDNXSMWUQLC=GUXYUHJNJNVY]aklaZ]a]QTWTZXMBHGEHIQOTYWQMPOQTVVSRPJINRTQK=CRVQNONOJGKIJPNNJWWWRNPT_a]NUURJ;@LV\WH?GFAIMLHRYVLPMGPUNNQOSPPQRTQLLLPTUVWVSJHEPVUVRQWZYOVZ\_]ZWH@NQVbe`RJKS_\MTdkjhegljcXUTTSPQQWkpjZMMY__\SSTTOTZcjaXSPP^hhbcki]]bff_ciwwqlh_WRPRZ\VUahjiedahx|xpf`\Y^`_YSNNHMYadXLU\ZSVRGHEMQTWSNLMJMTWX\XU_dZHFMW\YVVZ\]dcTIPWZXRXYYYYV[egVGGMSVQLELZZVORPOJHMVYWVNKNNTZ[Y\cjjaWQTXXMUdhnqjb^aiicb_^ccVKIdv|whZVWenkd[WSSTZZWRHPSWdhaZUPUVUTHMX\hg^UZ[JKWX[Z`][VW]bbX[ekkje^T]ebXS[_[[dfe]RYa[RV`ddg^]ZV]_YTZbhh^NP[ZXX\[MNQU^\SV_decc`\[XTM;CQSV\_\Vcfb^WSTX_ilb\ioiTVab^[^\UUYYLT`^YS^r‚‚m_[[VWQMLITbid[]^VPKUV\[PNQKFNQPQNBOYUQUTTWU[WQQORPEK_ni]j„‹‡r_UTZXSV`cUPZ^YWXRR_fg_VTPMTWTMR\^TOSTQQURJLON[a`XMKLORQUSGRVUWSSWUOOMR\WLRYZQMHFBLRY^\\Y[XURORVTQR^bdb^NKPONIOXbfedYFOX\^ZX]`[YSSXPKKQY_ec^WPPRGEQQV\[SS[Y\`][WRUWSV^[YjwvgWaki^KLSMLHKNQUWVPSTPLY_[SQYY][XejmtwurwqbaebULZ^\\_\[^ZURUYUQRSW[b`\Z\VSRZW[`_WZ[V]faZa_UQSUUWNLQPVROOYbmpkhkopg[ZW]cgffjbTUYRWZYZ\ba`]_YNXbde_SWbcWQXegfceeb[TPW\USTPLGV^_QJBDNSSPC9HJ^ed`[VOTY[\V^dec`\]`ded_]`adjhc\[affaVYfpqcWXP]fbWMQ`ppdYTRJR[ZSTTNV_]X]ee_^cfeca[HKOJJZfe\[^VW^ddZXbifUbqrd^h`VU[\TSW_[SLVW[P[l€ˆ…yleXS[\UPPMYff_]WRJFOMOPNNPOIPRKJNOOOLKNFNVTWXSLO[^RMaqp[Sp}~p^XVRJIK\he\WZ[^]VVMPVYPHYa\WVWOLSUSJQWTTSKIRPLY[L:KINVXTTWXUTWQJPKLMPQUYXW]`\MLQSQRW]^XZ]VKMMZ\QMVY]be]OLWYQPU]fkmjd\ZTY^_PLRY`_ZTRPOUMO[][URW[[RUYYXUTY[YY^\PPVZZ[[_bc_don_`e_STZ[TWWVSNKR[VTZ\UU\bdb^VQQQ]dsƒ‡yixyk_hkdZ[a]USXY^_\UPY`aWW\TZa_[^a\UYZYcgaZ[TPWZTY`[V[]VOPRMJKYQFIP`jfdhjlhe\SU_hhd_YJVb`\^VOZ[_e`[TIX`^\ZXZ_c_\^cdeh[[]b]QHV^XRQQJPXVPJILJNOLIFGOSLNUTRORRIGJMUY[[WSMHIRNRUOEHMMRTOKORNDILL@A@KVON[dhhhjeXUPQJLTY[ZRHFNPOQ[a`[XPMIGRUNFLVSQUTRQNNIRSOLOIHRURNRWRIIEKQW[YURQTY[UNHFJMMOSZZUUZVOI@=IMJMPPPIGKKPX\VQPKFOTQQNHMWXQQRVSPY`>IIEHT_]XRLGMKGIKOXW[dhe_bdega[VQIMIEKTV\_]^ilbYTIMUTPU`e]RNPUYWZTUZX^]\^\YZ`kpi]Wbc_jpuysdbd`dhkljbX^akttv}}~s_QUa`_ZWWYVP`one_YZVPW\YRQOU\\[YXURIMVVUZ[XZYXcic\WVOOQOW^[VMVWX\\\backigeb]YRQMHPVXVRWVRRSQPWgro^U[YVSSLJRdpodVLIKMQVVUSX\WT\Z[bhjdTPPTTMSWXXX\cltqbQNRS\gc\VSOT^^SMSUV`eaWV_[VTROQTTNOU`_YWWVNHNUTT]ca`_Y\aiidb^XXab^Z[ef]^^PXlxsfca]df]W]^bijbROIFWYTV[QKSS[abedccbchhgXPXSN[b`[ZWRWW[^\]ba_ZS^eamqiXRY`_PTWYPFTW^_VTky|}{vmacgbRITUY]\]RW]UKHKDAEGOKHOHGPS[^\_\XYZTONPKR\_WFP^jg`fqx{sf`YPQMUeaUOPQQPKMPLPOPQYbca^MLSY[ZQOW[Z[QKRSOOVLFQWOMZ\ZYPHLUWPFFNICNTS]WUW[^ZXVVTSX`ZWUQUSMQYTPVX[acbYRS\YUY_^_]X\ZZ]YYYTOIH]_VLHMQNHIRU[]UPNOQR]]VKTWZUYdeYKUVWYZ]_beclrgdje[X\XWYX`ba_NPTPX_a\YY]__ZXXSTYb|†}jpvqbcfadb_VLRSXZZ[^UQ\aa]WUW\VNU\YY__WSU]_[ZRRSVVY^ZSTUNNTVVUTVUNIK^ghdfhhgc^W^_^bb^VTRW[Y\]V]`Z^c]XWX\VYZ\]]_cgkjb^]TSPUUTJPXQMOW[_YPOSSOJNF>RYTW[UMSVVTQKJPOHOZ\[YVPHB>HSQIJTOLQUVXIDICNNHFEKOTSTYXdoqme]SO\\VRPSWNGHPOCNXadYTOORLGLJIISWTSTSSMGALZ[UQSQHOSPPUSMTYRVZQMMLQWYVJGIRYXRPQVZUNSVPQRRONLOPMNPPNIOQRUURLNU]YLB;<=LURROEDPVUQEN\]\WXQWgjgbV\dkkeklgeffb^_bZQLDAP__X`^T`fcWHLKY^RL]ecZUTV^\^fhhd^]^cdihfjmki^]hdbemwuhnyrkjd`__]^cdkquuŠ†paa_YU\XTYXSK_cbehf[JLRTSOJRVYVTWVSPLOZ^^cg`WIO`_[^WBMYYWZUOFELUZWQ^d^djgcfe`[\QEEP\`X[_][WSLKbqyr`SYVUX[WIK_g_WVQSTSUY[URUT[`bZXdgf_UXUQNUXXY^a]^jmhb\SRZ^ZVXSOXacZMGQSVVYYada]a\W]aXNELW`a\YVXXXZYQOW[^b[RTW]]^^acfb[UWimf[[][\hqqqkb]cb\XX`difZRTLKQTZ[GN[[\a\[\ZQST^gg^XWTLVY`nn`V\\WQRYaed``b[T^olc_Y_^SLQTQFQY[be`]fkr|}uidc^RDGSTXcc[X]ZLRVSNONMROQUUQIOWX\_^WOFHVTDLVVPPV\cgoogivvl_]_Z]\a_XYVXXXR@AKQMFDOXY[`\LLZb]PP]^WSFKWYVRQTRW[YHJ]b]QDHORRQGRTQ[caYYUPOTY]\^`_ZY]WVQKOXYVUROQUZWTQTV\`a_]]`fhb[XZbcZUPVSHNY[VOPTWQPSGP[_VA@JUZ__WX_]JM`g_V\WM]ec\V[_hqm__^YZYSU`\[^bb]UROGM[aaZ\][RPZWU[Z`looow}u`\]_bYPTVS[]YT\\]_^Y\XSPUX]^b]NSYWYUagf\UUUTXY\b\WYTZ`XHQRUTQIP^dbfhd]djd^^_fgeb[[X`egc\Z]VS\[VX[[[]ZRWWWYgngb`VV]VPSUKU``]SMYXQWXUYVLLKHMQVVSKGDGLRSOLTYYXWX[\SMKFBBMULIVRGJSWXRDIIKLSZWHAMNQ\WTcighkkg\XTSNNPTXXY]VKOY_[UMKXYQTWURSROTPKOQMEFJUUTUVXVUQRHCMUXRORUQOPPRYZUMCKT\\UPPRRVPITQGNVRLNPPQMOOKILHHMSLRQTZ[RLGGIHR[ZUOKKK[[UW^\QOVYY^ffe`Y_iha`eegcdc\[baYSQSVbhgcdUIUWXNTRUZZVR[^VSTTZ^ahjb^VRKZchgcd]_dbadc[[\fijzƒ~slpk`WV_ehiuzqmƒˆ€xtg`^dea_XPW^`__][TPIPRNPTVQV[WVPIRVUSY\X[^[[WYWU]\V\Z]`ZYSQRX\^VHW^YY`fghfdb[BJPSXXZVQX[VU^a`lncMJLOSXZZWV\[WXXWQR\jlaYUR\_^UNYbffaZUVW\[^^`ba[]amshSSSQFFSSS]hphWJNWUS\afnfV\_XYb^TGAX`b]VLPYZYZYTRRT[YVXXZcb[ada]VMPhkdb`_]]]]hoqibdeaXL>L`hd`]ZWPNUXZW[cd_\\_`UGLNS_b\YVRKMLSivl[]^ZNO[ZTY[WYZQXfha_]cfYNZ[YTPORWY^\]]kyzpic_XWMMU[cgbRQQQQPFJTUMPSKKPTRND?IJGLJNV_b^SQNGHV]\^kpjjwtc`]Y`c]XYVLLOUXQEENW\YRTa`XTRWU_a\W^`ZUGKUXXUEGKOXZWSQUXXPKIKDEFUZ\_^ZVT[^`YU[bhjfW[XRUZPH[bYXYTRZTHMQOOU[^^egdfea[VY\YWPNSPQWZ\[VQPQTUQVVWXMFLadURWU``QJYde^_[VafbYJGR\jng[SVY`_YYWLNUU[\UUSP\db`bcbVOVW^fdZ]kvtx„ƒug`_a]V[^SSUWPRW[`XQWXQOFGSWZ[XWTOTW]^]\XTRRRW]ii_YMPYVSMNPLQJPWVOVac]_efc^[^aY_c_`clnfba]UIQS\`_\YYYXYZadgmjc_[W\YVWTMV^a^VFFJJQZ\VVPFMPPUXZOOVUOPGGMONLQMAJRWRIHBFOSXQM[TMPNPPGGNJFN[b_XIQOJQVLM]msojgaZNIHQRSZZ[\ZROT[WQQLU]]Y][UPTSUYOGKQTOJSONPQPOUOJINQPSNLRHMLNLIMTVTQJNXUSNKRTT[XVVLLYWSWQLOLMSLPUSIMROUWGPZXUWRKLOV_YOMRV`SXWSNNLV]_[[ZV[\]^frzndaimh\TVTMLS[[U[dc\VSJLQTXUOT^d]U]\WTUYYZ_km`GJQ[cgbehbcgehgheb]Y`fpvumeeigbaa_]jorncky…‡~pheaad_TRZdie_^`\QGXaYORa`\[\]daUJQX_d`TMPRX^`YZ\QP_[X\a^SNRXYQLIOXWTQV[aed^VMNXTKPWYPFNMSdnd[`^OMMIKOPRXbgkfaZXTOTjoeWQAIVVVRQRY\bcb_]]_fmhd_[]_jup\UTOGQRSV]dpocSQYVST\djf\RIKQQQ^aY]fhe[OANVTWVWSS\`[Z\^hmjcb_VPUURYb]WZONUVUWbhjmdWZ]RIMYfg^SL\da^]cd]ie\W[ZTVSQNS_a_XNKPNPalj[XWVVYZVPKLKKFDQUW\^flldUNTWYHCEHOUWXT`u}srkc\WUPJPT[`WHPZUPGIUXKC>GGAEJRTQRPJQRFJP\a]TIC?LVWThwzrq{|o_VV]gd_\ZSNPLMVQNSSY\ZSbojWEQ[_^SOXYVXYQOLTVMJHCP\^\XTOY\YVQHGMSXX`c^RRT[`\PUY]]Z[b_ZZ[WQRVTUZ^TLQMRYZXSLJQ[faWVWPTXQQVRIRVTWWW[__UOF;Q[TSSSPK]bYPTNN[US[fheba\Z_]M9JRZ]cje[^c_\XMITXZV\c]\b^TYXX]`\TUYLWeeZas~‚„Œƒq^X[aabdbYUUWWSMYZU\b`\TWXMQ^`XQEFT]^YY[WMHPXZbkbVTROIQPPZR;YXYVUT^aZX^`c[RSWQMXdhb`egc]UROTVTY`b^XXWY[`fcgeacb_[V\]Y]`_XRPPOOTX\c_TQHKKCLQPNJRUUTKCEGIKJIKJHIAILEFNMPOOWXLMOKLJHTUMO]d[HHIIKR[TUadeec`_ZRLMPRU^daWV[VRTMIRROQTUSX]VPVV[XIEKNJFONGGINFHOF>MSPMLIJNJLSSIFGGKLGKXYXTQPTRSYZ[YOSXRMLHPRMQSQTTOIIFSTONJOSSQJKUVULEKXXUS^aXHRU[_aWSRSYZVVPos_Vajf\TOJMRYZRMNUZXXVSOKPSQW^^\TYbb]WZ[^ektsgYSTUY]cea^^cditvjbd^^^da]`gjmjccegkjgc\`ar~€yqi__\XU[_beb^X^aWO`if[EHVTLEM]ihZPZ_`YTUSSWZ_`caXYhSX]c_OCITXYXSNPSQHKWad\YRZ]WUSLRPLMSUUdpjZ]TKPXVUROYX_c^VRXXXSN\g_TOI@FQV][UTT[adfea]\lmbVORO?U^gc\ZUTSHTY^cf^TVY_YSU\b_]YOAOMNY]^__ccWXWVZWTRNPY^^eli^biaWXZZ[[VZed[SXUJRPOTQ]infRY`_UZSVc_YQS`e\Wajg`a\LNXZWPSL=Qik^P\b`bfkkkf][]^XONUOMTZVPKMXW^ebX[_WPVH@A=KV\[RSZjpx€|hZZPWSGEKYYLMYUW]RERSLMMIGQPT][SUWU[\SQS[ZVPNBFJKW_oxwcl|}qYOR_[``VPW\VKKLQYVRZ\[VacZMFOXYZW[\STVPEGNTKDDIX^[RPRUTT[\ZMEHOSRPUX\WQV\_^TS^`SNaeY[TQOQMLMWWVVUPQY[ZSAGQX`aURQPT\VGELHHKUUURTY`\UQIJSQLNMRNUTB@QRLZ^YY[__Z\]_WXVRT]_\_lmc]agd]QN]c`US[ZWYXSVXVX[^ZTYPKZ^ZYdv~|y~ydSTX\dfd_WPSYZRNONSZVTOKOGBPX[SAAKRZ`_WUTOH[\Y_]MOPRNMNFRTNKa]`ehjibZ[^]baeha\TR\d_W`h`WX]][[W]aa]UQX[YTWYYXZY^bea_\[`a\]ZTUU]adnldZSVZUNNOLGJTSM=6JPMJHDINKMMJKGIRSPSVSQSURPLKPZ^XMOXRCVZOHR_`_hldcdgjeZXULINYaaWLUKJUPCPYXVPRY\PQT\YQSRXPIOWVROOF?CLVXMIMQVRLLSUKEFLSSRLPOHNQOMONMQQLFJKA@MRLJEJNJLQQOKRWVMKQQSVY]TOSSQVWNJQUUG:Gfg[UY_igbYKFT[ZUYYkvqg^[Vaekj[SZ_]IHQUZ^]cec\RQV`dZV``fji\QPSYanutj^ZY[_\a\YXY\jzxjchki`eb[djjiia`gptmb`chfelv‚yh`_RN]`__\^`irn^Ybbb[RQKTWUWaf`adgg`Y\^\WVTW[_YQ_lKRV\_TFHX_^ZPNMPKJNV[U^bebTGESVVXUSVPYownf_QJU[_^ZUTV`c\RY]aa]\TPUZWJISZ\]YPQTZ[ajh_Y[_]XSLNTV[gji^XUPEKPU]^YXV[]baWOQRY[ZRR_`VRWZ^oti_\UVVVUQUbdchljfejd]YNOWflffe[SPKSVQOSRP[gng]bdbbdbijdcYNWZTU]```UZ`^ZVQQSY^hmi^ciilmf_ekf`[`YTX\YSZ\]YWXVJOWUL^qn`]WOUFCW^VP]dfmx…ƒsfa\UPIOPNPRUVWZ^\SKPPMSSNSQQWXTRRTONQOPTTOTVIBKMNR`r|xhhtwjXTZZ^_X]]TJMWORYVKPNY]]]]\YXTV]`XYVMQOKRTQMLPPRSYTJMQX[VVUURNKLSWWWZYPIJX\XPMUVUTSSTWVRMQUQKMPUZ[ZYXOLKSTBM\[PDHU^]UMQNJHPVOOTV`a^`]YWVU\^[Y\WKIIPWY^SVZUTSOQYZZZY_]TRcnpcVV^\USaff^XXXWVOSY\VQTUTPRVQNQSR\bejvzy{~tcVSZ]Z^ijc^ZWVV[SPW[ZOIMPTTW]_VOT]^`\VOUWV^ea__[WSOKIFHKHOWWQ`ilopdX[`_dfpvrhb^XVYVS`c___^X^Y\Y]b]QSUXW[_ZUY`]UU_`^WPQRZ`ZQV\_]^c^\XV^YJNRMSTVYRHB?LOLC=GNKKRPMPOLIMIEGACNUZRHGQQJENQHBV^WQNOX]chhfbagh^VMRSRPKKJ>IMT[VJOXVMNMEJTVSQUMHN[^TSWTLOQONNRTRWVTVZRIMRQPSPPQRSSWZQIHKEGRQPTQMHGEPURRMMMVO?JGAFVbd_PRWZ\YYUTTROSSKOVXSOJIHXadb\`cYVUNMYa_`_W^hkib\W]gjbVX^[KEQOW]XXb`_\QP]eacdcdlncPNKPQPafi_Z`^chea][YZaikhhkolb_X[ipj]V\^[erqc`dhhibfv‚‚vf`]ZWTWZ^`bhwxn]WUPX^[MKZ_cfbZ_cbbgeenoeXPNUY[_baaRHP\\QKT_ea_\XSQQTUYZ^^\bZTRSSWYYVWQMkyzpaXUTXa`b^VT]][XZ[[]Z`]WSY^WNUWURZZ^bb^\_]\TTTV^d]NVcb]ZZZ^]]UNSZZZUZZZ^cf\LZ[Z[Z\Y]_SDPPN^lka[RLCIIPXbgkmg^PV]\Y]_UMbvvcSRPRQPTRV[[]TFWehi_\_fjdfji\PN[c]SHMWZ\c\Z`ZRRZ_ciicbhkondYZd]QFT[UWUWVTRY`YTWOQTZZQ_ouumWYXPUccV_hoquzupmh_YSPMG@P]]XU^`^[UTX[WVMOUQHOZXQLMLMJHHNVUXTKALVKMbmqlbp~q][b`eeiiYQT]`^\_UOOS[ZVUXVUWV\^WWYSPXXXTQMQTQSQLOTUKNV[\][VSSTWWVW\[RPRTXZTOTQQPQVTTWSLKTVSMOQOZa`XTUSSUSMPXWPR\]]XNPWVQNTRTXZaebYOV[YRSVX_ZWMPRV^^ZZZ\\XQGAIX`b__^WU\ehd\TSSEFSZYX[aceaXXXUSY]VOU[[ZZSTXYX]]m~€{z}xh]RMOR[fc_ae`TSVNKQ[WQ[^_ba_ZSU]ZZ\XXSQV[^_Z[]][TQYXMFJDDTSOFO\[^hcVTfkifeoqh`YZUUWR[gfc`WQJTUVW`aZQTTPQW]^SUZXX]_]YUSSYefbVPTQJS^`]YZ\WMIHSZWQORPKLNNOLKIEANRIMQPNKGCALOORURPPNQLLQUULIU\[XQGHUckiadjge_MGILFFPWTKHIJKMYabYNNQOX^ZTQQQNW[UVZVQOGFMLQZYLLPV_]VWXSTPLEQWURWUMFQWTTURSUSNDILOMTQDDKOBAOWVXT\ecXOILQNNUUU[_^ZPMQRRMGHScjkaVXUPYbfe^XZ\Z]hrtlb_aehdXLIKPORQLWVOLQMHLFGIS]`fflrnd^[YULGN[]RNONXZ]a_Z]__V[djklf[PQ[fd_WV\^_kka\WWfpi[ft…|jc`[YZSPQUagjhieYOT]`^WRVagaPTWVZ```ltwkZVUUaklbUPJMY[PIXdmj]X_^WOUXXXWUWgpjaYOP]`b`VILdpph_^XUTZ]YTWYZWSU\TVVU[_VYd\NQVPEDIS^_\^`__`YRRT^ge[\aZSQPX_a[QOY\UJJ`dgb]WLW][QTWRR]^ZVWXZ[W\[OGEEMN^fcbjhYMLPNTV\YNQdmeXX\WY]_[VX\_XKTbilfX]fjg\af\PLI^`RKJHKW][]c\SU[]___^_\Zdj`OPZbe`XPX[XGT^ZM[`I?RUX_fbbagw|m]ZQO[`^PT^iovolnnc^XPOQII^b[WTVXYRU]``XNKNJKJY^\WTVRMROOW]][[YOWQQ^cpvmhv~xk`TV^a__]XQW_`ada_XOPOKRSUX]ac]V\cac_YVTRPIJRVYWMJKNQSRUVTKLS^^\VW^_USX[[Y_\PHJCJQVXXSYVOBHR[[Y[XUVXUHEEHMTTUY]\a`\]YMHQSKIIGMZ]Y[TSVXWVQRW[\VTUTPX\\[UPPNOTVQR]`[]__^ahie_\QJMRPLLQZ_accTQVHM^]TPRXXY\UMOWUV[Zo€{s}€o[Z]a`W]b]Ybi`TTRMMP[WRUWY[WTW]e^WVXYUT[]ZUQZ]V[YRW_\OMWUPPMM^\KPWVUXbhog]`da_`ZZ^aa_ej`\XNSabWSOIHKVUSZcd[V[^XW[`^^_ZY^ef_WVPU]ce`X[[YPLJQYTVYZ[ROHEHLZVNFNOIEKQSQMEAMYUWNKSXUMAKTOMPKJW__ZTR^bhjbeklgbZOINNFCNTQPRLLJO\daVINNQVWWVSPLOUXWTG;INNTUPQUSQTQVYYYPKOMN[QVZTMUY[YQQVXVRNQXTJNSQJRYP=DGGDN\]VOIZa]ULNV[ROFG^a^^^SLSSL?CTZdgc\PJINZccZOU`ebchpga_^`baWVXQNMNYYWXUNPOKSUUMKSY`aegiecgfcZVWZ_URTKLJLZZRWYQRU]dnrj]XXTU\[VY^dkqm`]XS]`]_ggw‡‰…zn`UY[SMIV][_knjc^]Z^^\^ee^SSNGOS]bfovvl_TXflgbULOTX\^ZV`giaVTQKBNZZX[^_dgib]XWUUZb`RF@N__]a]ZXRRMMMGJLV_cVLKJSb_^bWOGIKJEDEX\XUXYae^[YPT]hib_XODJTT\XNP[[UNMX`be`WORXXSMSVRWbg_YWVTNNLMUVVWUZfh]ZXSLPWQRNLSMNR[a`ch`SOZYV\_b_Z[dehh`_ivzsgb\QMIS`_QPMJGIXRYggZKGWUPZa_RN[b]QOV^_\U^ded]`aUS`^STPNOW`bg`cjnlgOBQPGHKU]`gv€wg\_UIVXTUZUXKHNNLKKMRXYUNLMOHMW]_`ZNTXURT[a_Z[WRQZamytifdlneTQ]c[V``TNY_ba__`XQY[XWY[^^_[X^_^`bZWWLNONU^`^UHDBGORSVYZ\RZ[[[XW\`^YZXMNONXYUTUW]ZUURH@Oaf\XUOOQQMEGJILJMRWZ[WIFZa[][UPKPWU]`aYRZ[XVMQVZZ^_\YVVSSSJIVWXWW[YPKIIILTRLFG@=AINNLPEKUUVXNSWRMCCORONI:;KUZVNWWYb][Z]]\YOLPPHLX[TMUVQOLP]a[LGOSSPTUSNNQRVYQJ>DOLNYWTUNQY\VNPYXVZUTSSQRQQWZ[YTNRQLCDKSYTKPUUUSTOGLNI@KWVRP[bVELUY\XSP:GSMW^\RSZUM9KT[b`\XWPR\a]PV[dmkadh_U]cdef]YYSRKGS\_\XSJQ[_^VTX[[\\ac_YV_fa][WY_ca^[WPMQRVVW[_`hdhusecbZTTV\_eiotmbYUJW\[dnqmtˆ†z^UT[^aWOQ[dd^^egg_NSQZdf`VZZVTJP][cbge\W[ioncURRMK^]_\Y]joi_XPNOX[XY[^glhZWTTWXSP\ea^[TPRZdb\XOJIQVWSRRclgTNTSX]c_Z^c\NIJQRY^ZXTSXZZYWSIU^^c``[TQVQJLKOZ^UGLTU`b^ZZZXX[_\UVTUZ]UGQYSPPZ_\ZWPLYbXNHLTSQINRNJTVUQW`imfXKVWW`cbec[X\ef_acu€{kYRPWUMILKNSXOSSPdojYMTZSP]c^VQW^]YUE@MQ_f`ZWTUSQ_e`UUPDES[VPNH\kleTBKKGRYVY`sƒŠ…ud^XNOUV[\adc\XVWYQILPNJIPMV^]UV\_YMHSXVQQZTKMVVRU]fnrpd_lwq_\cnibjlaOU[URUX[WLS]b^XUTWVOVbcYTVW_`YMUSTcdaRIMIIJIR\ZYbg_TUURNT\_]ZPGJX^W[\UNNONADJIDL\bYRMLRRNNPQLDDIOQQPNMMMW``]TPUZWWWZ``\RR\ZYXQTVXZWRU\]ZORVSUYKEZb[]\RPXZSNMVW\^^WWZ\XW[ZYc_Z^^TKTYYWRTU``]TPMINTP\hq{{wy{r_^ga`^[]]^`YSY^\URRCQV[a_ZPXba\Y__cbXRSQMMTKEHGU^ZRMQTSQVYWYMGOWTQ`jignsooqmaZXZTMQadbghf`_ZSNULIXYSW^dc`[UMJMSY`dgif\VYYZ[YVV[ba\QNOSF?NVVTSPNNONKMNJGKQMB;3-ALMDGEIJOQMHMSTRQDDMSULD@PURLNPWcb_`][cca`ZWTWY\[SX][XQHSXWM>JTTLQWWRSWURURMHNVXWOHKT[_\VYVWWXTTVW]`IMLMTXQQSTMOSTNLGOWUTKJNOPORWVNBOTYSENPPQMMUUORdcZ\UMSSUTQNOHLU`XY[NHIILQXVURJSVSQOGRTMLQTVRSWZ_ab``]NP]`]OFT\ZOIQYZZVPMMJRXTYYPRP[a`[HKSRTVRP\aUNWZWIU\WQ[b_eh^UVPRWY]YY^^^XPNPRURUYZYXTOINOLPQWair|ypr„w`\_SKHRXXZ_[XWRSRTNJQRTZUKKZbf_ZZVWSQS\URIGLQTUZUKHSZ[QNUSRPRT\ckswqijpjmmjcYTSURV[YX]a^[QFOWYVOTTFGRX^ZQZ`]YX^`ilh^TOWdfe^]_ceaZWUSTROOVPBGRUSRUVTTQQRURNJCCNUXQJHLOORVVRIHJU[ZULT\TNOQNQQNSY\`ei`\dnrgZWTZ[[TPRTSPOTWVTRCHIFGDIQQPSTUVRQRXYZVPQKQWSMNMRZ\USROPUYVNHHORVWXUNNPSQFGPPTXRMI@CHQVRLPMDDDOUPJKFEPTHBBFLSWRHKRVUPOSX\SPXSIQUPSQLMJIKJ;?CKT]]UJFFMU[UHAAE=@JJMUSTX][[]]RIFLLV\\WY\Z`id^ipja^afd[bd]`_b_c^RS`eaQD?MSL=MT]faXSRTQWV[ikd^RSbkjcUNOYba`b^_^XW_`hntoe[SMQRVcgfa``^]\[Z[UT]bdbagp{„†„{me^]\URRVTV]SSgxyl[__`b\[XUPOUbaTLJPTR^s}|p_bdd]\WVRKOM\aZPWXRDJTZVHR``USRQSTJN^eonbWWWNP\]UVVVLU^YSXOX][[UHIRUXVTZa``XGAEVab[^]PKMX^b\\a^UMGRX[XRQV^\XSVTOOY]ZZVOCQb_QPPNIKU\_YTT\]Y\SRQ^]YirjZQETZYTXWV\fdUjsgPJQSOGOWXURQ[b`VLTclmid_XOORRdi`ZZVNKLTRPT\[QJJQVQGNUYYVY\b_UOOG@OXQHGDEQXWXTV\TKYZYdkaQEHW_gkdURST_msu{ƒ‚vhaZXU[aZWVUSSRNGKOPLMLGT`]VYXIFJD@HLJOZ_cb_[^aYQWU_rskhrxse\krpf_]_[\[^\Z`cb[XW__]XOTVQRXZQUXOMQPPZY]^b\RRSRTXZ\XURHPVSNRUVXNCJNILNLWXVVTSVZ]eaTVVQWW[\XYWROZ\TUWQMUSIQQIOVVRSWXXSXQOY[\XUTQMOQRRG=CFCQ_^WOMONMPSWXVURSU\b]QLWX[`XMNPTTPYccYRQTWeh_[\XYSWTKNQY[WY[[WPUZ[cnsw|}tlic[T][VOT]_YXXSNNPPQORXWPPez|ne]XTV_[VWY]cdZOI?HVXYUPKLUZUNSad_^dd\ab_afhac]`aYUUX[_aa^^^[\]XS\YUQRURTTOLOW^`baa^W[\\^`fb_aeb^ab]MLNNOQUNKLPRQJFCLNNJOY[YRJIGLRSQYPBFPVYSMLVWPNRJJRPPNS[ZVQNQSamndjrqbODGMY\Z]\VRLHNRUUZXTKKSSNS[ZRJABHAAJSRMFCQWWMDHGCKMJBHPWRHKONOROKCP_c_^WPNQUWULNOPQRSSQIIQVXXRLOQTQIHLPJEFDHRQJU^bZW[ULFLK_e_VW_bji]aigaYY\]]dic^WQX]]TQ]^VLSROVRGQ[_`]WY[]TNOR^da^Z[_beghd__igffa_bb\UV\gkh^WWQSNWiokfdaYVaaZ_XTZhprqqtw„‰‰~gZY[XQNNUTX\X_p{sa_c`UGEKLSSR_ke[SQY[R]uzi\]_]XRVX\[ZY^e\OSZXPQVUKGU]\QJDIKIJOUUZdc]VSPR\b^VTTXSTTPLR[\Y\VNKNRPJMT]fmeVQQXbf]VUPQRWac^XQS[Z[daVPIFNT^_YTNLMSX]\[XOFUZXVSW][OQVVVUOWPWROUYYUZdg]SKJ[]\[TSeqnRVfdd``df_U`aYMHKV_c[XZZdic[XWUVNN^d_\PEQQKSOWYQDLQWWRUY[chd][cfYNOMO[YROHGKQSTT[YOOdfb\ba[TPS\hqpbOSU^lvz{umncRMLORPSVYQOOLPTTOPVSLV`a]UMKPSKDOXVQUQSUNISVQI>@HJ?IWUGIJBABEGFPUWQPOJMLIJUWOJHJQYZ_`XPLSSMMNLLMLHGMSXWXWTOKORKJEBKOLIJPQPOQVbd`SSWTIa^\\_daa[QWYUQVUali]UX]XVWROT[UPU]`aicVYYRVTPOYYVRPRX[[RS[a]ZdebgdadbVUaeddgklke`ZVZWYV[cig_UW^cheb]Yejdflnqz‚…‚xneUOLKSXWNTeeSU^[Wfka\^][TTW]^[\_[YWSTVSWcihgaY]^[URU[WY[XYSOUUOELY`[TQT\d_VLHNQU^de[Z[bijWCXb^VOTYXWUQTafgdZVQRRQRW[Z]\_[YQMKPUUQS[^baZW[XQ]e`UFKJLSRT]YVSOPYUXmuocYVWV[]TQ]hie[TITaddbc`ZOIM[YVUVZW[_YV]ffe[[a^\gfceaUPOW]^`jpkYQROGNQYWRQVdhbafc][]XVNNoj][]TU]XKEW_]XTQU]YYQR]a_UJRRNIMIQgkc[VY^^[]_`eec``^UKMS`fhjxurtqdYXWXZUWXV[`]XPITWVYTSXX\_[X^`[^aVQRPRTWTTZX\\bhmpu{„…‚sdUTVTSXa```abcWJMELYZ]c\TQVVVSTZ`dffb\TRPLDOTPQVZXV\\VOISYSNNOJLRTOONSWUPOPKXa^ZT[][dkaKMRSXVMT[[[ZZMLWV]^``]URVYXNMNUZ\ZYOHJNQVWX[SDDRWQOTZ[VT]__Z[VBPVDKTWWMINSU\YYY[`bZPV[daQUbaXSWVW^XTRPW^b`[a`WTWRS^]YX]ar|xuyvrkec_UVWUa^R\_ZVTRO>KSMMVUPU][QUPHOSTJHOSPXXVPJIINSVZUIDQY[[YZ_hefkfca]X[VTXWX\[WZ^WVZbkmf\PKQTOTSX\YSKLPTSLW^__agbb`\_ehf`Y[^Y]beaad]WSENWVPQSNKFIKHIPRLNMHILRVSFN[WNQWWUMHJPRTZ\RUUWXRVUMNORTY`fb[X_mk]SSUVTQNLMLUSMQRNMRSWXPFIORKNUTOSXWJ=IUQRQOPXXSQVXTOOQTQLGHOX\WUVWSJMNNNRW]`c\Veic\XYUNRUUTRWWNEVYW\_ZX\ZTLQTRYXSOSPEHU[SHFCGMORVVUSTPKJWZRJNNTLTXTJNV]^YUVUY[\UPKKIEC=CMTSOE>CBGGOYVOTWYYTNQNJEHGRWXcmhXSUZVMIWhleVKRV`fgeYU_knaTH?M\a]YSY`ZYVU\b^XUWZVYUHBDCJTW[a^KGY_QJTXYW\ahd]SRST]de]UTSSRMKV\\bd^XTSPUXUQU_jjiecp†|py~r]YTHORSQNR]_WW[]OKXb]OFKUWPUXSR[_YUVOKSNN]`^_gjg__WZckj]NO]e`STVY`c]YW\b^[\Y\[TKVQXbc_QMV\XQXc`TV[ZWU[chea^TMX^_^`XMS[YVOHJMMQVWUV^`^X\be_TKPY^[\WUTT^iid^^YXdcfnli^PPTZYTPGTfiaZQOS]_\\[cZLSRTTOMUUSRbkld]ageelkcT\^[\ZXVY]bnph[OTZYQMURMVXVdf]bf^TWWY\\TQVRQLCGQX`ef`XQNTOKSWXU\ca`aXPGQQW\UWahZQ[ZSTRJHMOQW\\TSSVemkyˆ†ucmvuiVZcf^VLONSVMSbdcZSRTZZ^]VPX\UaeOMEIWVUNX`[V[`ijnr|~~}sf^ZSQ\_[\`\ZXUPZe_ZY\fh`SPLITSUX\hh`TLKPUORSNU`c]UPX\YUQKQY[[\\`^XOJOSPQOJSXTQOUV[WRRPKMTUNQXVY`_YLFNKGIJKSX\[URUTV[cb^VRNIFFKCP`ljZOWY\\WLLQPMRTRQNKSYTSTQWa`\ZOFMOVZ`aTJSYRNWWXVSXU]d_[`YXYXVUP\c`VPIOUWTTUU`ivwvsmmli`be_VUZZXZTMOPLOS`_XW]YWUWlme^XRQNMQTVQHQZ^XPEDNIJNI>LWXSPU_d[[lfXRSOMXbcaacbZ\XNLJQWXWSTVRUYZ[\[[]\ZVX^^`^XRP]ba]WY\]egf_JLROMKOTRSMXaZUQSQKLLLKEED=GEBOOJPYZURPTMOYXVSQPLJBHT_\NQVZXSW^da[QQZag`WMGGJO_mpj[\jf[QPPQVX[_`d[UQ_opcS^_YUX]bVHU_[WZ\ZTMSXURYcdd]S_\gy†‰‡‚tc]WZVTUZeg^ZbiiaY\`_^Yipmd^]TIPRT[ZVZXRKU\^gpkcfaQTXWKUXPT[]SP]aXWYYXJJOJJX]\XSUYXZWPPMJKSZ[TOFHSULR[^\XWWQRRII\`Z^[PPY]\\WW\_cc\_b^Zdefc`afge^^aglmdZVUONQV[ehgdaaWRPZ_`ZNPU]b]XW\^YMORbie\VTVYVQPPP]gibT[enofSMURNV\[UU\`]UYswhVVYOSbdhlicifYWRTTW`hg^TRVNS[ad_\bnled^\\ZZUKSPNOLNOIMRQSU_gf]Z\\XY\ZKCOUTUXZ[Z_\SZ`hhgjvys|~oQJ_gc`WOY\\\_[MGR_]WX`Z^c^]ZZdg`[\^Z[YPKRPQ_dcZ]kquy~rg[YWWX[[ZSNQNPWXQV]_dc_WOPMHKLU\fnjWSTZ\^ddaZX]bbZSQJDIHQVPNX[VQQQJFHRRIAJVZX[[\^[VSQUZ[WKGUYRFKMY__\ZZ][LRZUW_`_ZTTRVROJADFJSVYWPX__^[^WV\YQIPWXXYVYXYY^_XNMSTPV]YMNVSRURJSWVOILVUNQMRURNFEV]TLROPXaaUKOIMSZ[_rytvurh[X\`QBPOX_b`^VY\TPHDCMUUWUY^]`d^XZUKMOMSQR_fbXNSO=BPYZQPU]]^addggYPSWZ^ggfeba^bhgbYXX\VBGQXTX_^VHITYYSV_ecdb_[ZUU\ac`cehd]ZUW\ec^dikf``ZZ[\WMIIGFMOQQMNHILEGOUUSMGOSPNRQKKJKHJIKNEGHNTY[VPMIQTP[`^`cfddXUW\]]WRTUTUNPVNOUUOLHEIGKX^UJH@>HDEBKSM?DJNRSMIMNLOT\[NCPWVR[SWWLDMTXVI?aa\XRV\^ZIPaaTXaYVbd^QNQ]c^UX^^VRRZ``YPS]ecOEHMP[dhf]V^kiVNWXVX[[][XUUV^ksrcXYUQW]_ZTVVOQV]eg^OMTWRUbe`[]`fn~„‡Œ€midc`]\bab_UZhmg[XUVbecib^ab]VTSNQVT]_XUU\aa`ZX[^]\UWXTZ`mqm`]^YSUUTUQPXXVYWVUag]S\]ZQLKXgeZRQOTQMFLTXWRNTTVYTLVdhd[SW\_c^X[bc[__[\YXUY`ffc\^[WUX_imcQPMHCFO[aiiaZWSSQMFQYXQSS][XPQY][XRQ`d^Ya_QORWZV\fg`OQV]c\OV`_MFLST[ed]UXr{qbTVWU]ffe_XZ[\^ULTW]dd[UOUWSVSW_]Yajj[USVYWSX[WMFCDLEIX[VU]fgXR\]SONRTRLRVTSWRP[]YUP^fjkt|ogqnd`_cYT_ca_^\VXUKOUW[W\YWa^YXU[][XZ[Z[]^XYUSVZ[VV\ht}‚„‚wi\ROT\a`WSRQQKMJKQSZVOQSUSNKPRWfopdYUQXZ__`[Zde_ZTTPMROIW[WPPTX^ZK9EPOKKMR[^ZRR]^XY[[\UMFN\[KDRPS[^[TVUTJMOLWbd[SQNSSJQWQMOQZXSVMW_\WYba`_[SKKSTOVUVXWZ\\YUTSTOJUYTMVUOKMSRWRLNPLJLTTUVVRIJR[VEJPUW]\TKNOLJGNTczƒ€{{eVUdc]`[USV\]TRTVTPQRNNMRNMZ][_^ZYWICJLTSIMRSRMPULGRYXOHGTYSV[eplZUa^YVbiaV[^aea\VVSPSUUWVUJCO^\TRVZ\XQUUZfh_^`\VQ\iifded_WMLU_abekk`_`Y[\^`\Z[SJII@LRJCILIGJLQTPHNWRKPTVWJCHQUWQGMRRWTTXTOLJSRXdfb`\dli]RQSVVNS[\WUVWOMQ[]UMBELJKWVMFNK=7?GJSICLPOURGEKEHOPQPKDOSMNR^XTPLMNLJIJKKPX\^[PDCMMHMNNLLPSQRQPRQNNSOJGDPYSHORHIHGLNMOPNBE\YRPKJKUSQU^WZa`__eb]XZ`aXQW]ZSWYTV[_YORZZN>MUY\bbZZVPX__`\UW[\Z[`ijhd^dmkf[UVZ[]`ZU[[UTbf_b`UOOKFOSUWVZ\a\^h‚‘€skdhfehlkfa]eohYWUSYZ]^UGOWYYUUWNDQ\c_WW_cbeaWMQZ[^\VPUZab`VU[ZQQSOTRT\YSX]\XbkgTILSVVLSjohYTSTSVYXPHTZVRGHW\UV^fia`ehcXWST\bXLUWTPMQXZV`jhbVPOUVV^^RNHJQTVYchjbXXWQOVNJSKEICLXXZY[]b`SIVedTS[RKUZ]_ajmcTSRNTUQXccWKOTOVffc_]`nqiXPWTSZ_]]ZWX^ecNINRSUWTBHSUPRT]bXYgleNMTZWVXYXTQOGJPRX[WX_gmgZ__SLHPY\TKJGJWXSMHJWVS\cju}xpadqrfYWRXbb``e_ZbW^Z[`a^ZU[_^WUWQQPSRIIPVVXVSVY^]]W^nt}‚wj_`^UU\^_VNRYWMKNNS]\LPX[WSSTW_dfeb^WU^]WRNOP]a[OP[]YTQHKUXRPRRUWL=EJIEGIT[^ZVRUU]]WOHBHUUSUQSY^\[WW\VNQRNQEGU[ZNQU\aYRTTUZ^b\SRW\VQPT^b__YTOJXZYXUSYXSXVMSPOGFFOSPGT`c_UTRQSQOEOUUZ^ZZ\\[[U[ZNR[\VYXUWY\VOFIL\m|}~ƒ„uc_bbgjcW\_ec\X\[]\VRRTURPKRTUVYU\_TORQPSJLD@GOWaaXTUQPVQV_UYZaetrcUZ]^cdc]ICMV\a]YZYRXZ`bc^RMNNOW^UPWYWW]dklabnjaRJVa_Z[^a\PN]bY[ca_W^^WXYSOSZ]XTQI@JSOLLMQUWPDGOMGLVVPBIYZNIMVYQBHLTQIPTV[YQNPX`hmmebfnmcRLRTPVa_VRXZZRPX`WKKHEJLTWL?KRPD@DPZVLNMGHOQNMGB?LRVTOMMJFJOTOUTW]_XPSQNKSXYNFKOOMLJLNLPTQQSIJKHPOJLIHMRJGFDHMVWYXXVRPGACTPLNSSMNRPU]\TQY^```\XUXYRPSZ\ZWRRXZa`WQTUTVQQW``]YWTPOVdkdRHPPOQLW^^hlqvwo\RKV\YUSR[]XcrsiYSNUWVSQKNSTX_a_hfh„„vjdccfjdZVW`c^TVNJWabb\SQZ`_VV]YPKT_^XRO[afkl^QTPTddUHMV\^WUY\b\ROCY]WMX\]YV\UW\ZZZRILVeg]PTYXZ_c\RRUX[TM[_\]Zaiea_aYGENZ[XWVSNPSRVW\^[dg^WRTTPOSXSSQQHDNUX]fb`aa\UYYUWQFECMOR^eg`aaZLG]lhWKLINS_id`f`PS_^]VUV_e`WGMUTX\[XXYdrmcV[Z]he]X]bdfgf`VOLQUVYVJKNORXQQWY_hjj`RJPRTVTUVROMLMTcc^ejlli]ZVTU[__^]TONLJPWYTMPWQKR[nwt€}nkgd\[VZXSUT[^Z^`\NNY_a`ZV[a]WYZ^]UKMQQUYTNLGMQY[^^elnpmylbe_XYQUVUVVRRNQPT\aZUUVZSNZ`[Z__^YUR[]L?IKUV]bb[XUQPOOOTWOILIIOOLG;?NSTOSQLNRKMYb[VIISWXRLPNZ_]WQQURJQSROOJV\ZOJLMY[SRSOVYRRTRP[ZUSRV\`\XZXR[`XXZXZ[WZ_[YPFKJGORSSO]cb[XQGIU]XOSRR]`ZVU[XRW[OS_]QTY[c^VKIDLZklqxzzyvnh_YQ[WRV`hfbYTUVTRQNPVXZVRNKMQOU_\WYVTNGNUSIHRUZWRNLPYVW\UQVV^[k_TRU_fa\WQKO\aigc]ONXadc`XRVUW\\OHPXYWON^fi]fngXUTY`^ZX`d]P\he^^_YX\\WVROOJTXRKKKJCKRQICIQTRG>ELPMCQUOBJRMIFHQPJFDFNKJSWRSN>?O[eknfa\estjSLUSRX^^XNMV^\WXXMNXWVSPQJ>;GPPKDLYVCITTSRKMRPPEHTVTVPKKQSTTUSNGQVTPLJOMJPVRQLGHA@LNHKMPOQOPROQS[abc`ZWTNOKYSMUWXLHHMXeg[LQPV\ZYVURGJR\]^[WTXW]_]TROOT^ZX\\]WSOW`ZVcd`YLPSVURZ\lyzwxrkaYW[UWTNQ[X`ptocXWWX[WYOQYWUY\`ilab€‹ˆ~qfacda^URQT^ddb\QT]befZOWZZSPRSTZXZ^UU[adaaedW[[YZWTNOXbb[[[_fdVPOV\WMPYY^]LPX\`fjaUQQQ]ebWHN[]_]\XTRUVY[_ea^`Y[bdb_\Y[QQT\^hf^TNUZV[beec`XRX[RDQYZ\WH@JQOPN\efmpiY[ZXXWQNFKROY]ZYW^`]VZlrl]URMIVdf_[YTPR]^XVV^dhki]ZUPVZ\Y^bjl_QSX_ff`W^fccccec^RW^YRYZRU[a\XTW^_`glgULELTXVXI6PTUUcllion_YUSVVXXWZYXUSWXWUQYZTYXRJPUlwv}{pedlgXSTT]XTTUX[YNPSNSY_b^aabZVUTQRSRKKTXWQJVSHM\_djnkmvxhYW[gh\ZVYXGFOQMRXYVY^W\b]^b`UOQMMPNTbe]WVRVUbijgZTZUSV[_XMOSWUWXWO?IUTPGJIIFDEMYVSPNVYROFKGITZYWUSMHOSGGSTY_\XTRLJSRKMGMYYPHLSUZXVKOMRRQUWT[bb_Z]^YUVVWXWQUVLKPTSSX^]^a^SQMLU[[WQV\b\RPIKYc[QZ^WQTRUPKLMLFWeges}|w}{laUKQSOYbgi_YSMRLEOVMLRY[\ZQLSRMLUWNNPQQIMVULV[TKLTSPY^USOGMOQRWjd`YciaYXSOMSZZ`hdXSOV`b^VQRMR_\URZ_a]VS_chf]bc]SV_fgfa^edY[dg`\\XUcc^[VURQPUTQSUSJDRWOHHFLNDAJLPVONYSKHDEABMQQSMEFEQMU][QUSIJQT]ddd^Z]lrkYURQWX\WTQMU[XRUMGT^]ZWQJFHORMMKJVZVVTRONLPPIFHJCOYYWWUHQ[TJ@=MQQQHJNRQOLEEFKUYZZWSOM>=IH@NLKMKSSLCLTLJPYWRPTSTZ[YVVTNQWVYT]debVOW]fpobY]\c`WNU[YVUTWXXYUSUW[b_]\\V[b^^\WOMMPYZXddfjaPUWRZ^dgptoiee`VURS]]VLRSUetwl_[XTRQUWRTSX[XWX]ihq‡ˆ‚l\ba[YZYWY[ahg^WUU\fl`JNRVXPORSRW]b[ZY_didZ]]\^_ZOKQQX\\WUQVah^QTZ^WGP[dicRMLS]hldYZZWbhbVQLUYZ^\[WUVOMU\acdfi`ZZ_fgffcXFHR[ehcYX_ZVXeqvrfPEY[RGEEUYTEOXJFLT^]cnkTSUMPTTRLPSRXUUSEJUTNU`lok^TJEAMV[\``WMUZWXYX^^abZSUV[_ZSV`dfcYNQY\][WY_ZVWXZVOJR]_RT\aabaca\WRVPWdb\`ZFS^[WVMTZ\WbnwwriVS[VVTQWURSQOPX][]^ZTJV]_[]\`jpv~~ynchjaUPQWVPNW^b`WQROT_egb^`_[\^YWZXUROOVTTVcgYUWSVZ]hvzxqncVYgiXNVRUOORSPPTLFO[[UWcgea\POSRNLGVde\NJQRQVWVNJZ[MNRSTOGKROMZ\WMECLSTOKFCHUWVXYTKLTWOEINKS]]^\TJGQXTRTXSMQXVRVSICFILNSWWSPPHKUZTHIUXPUSMQTX\UOSRNQYZZUQRXUEDPSSXYXYVUQR]SPRWZUQMSZSRQQ]fhb\Z]SOQQKJTSLIOVRE`~„~wj]SVZ`\Z^_]UXXWUTU\\WXZ\ZXTJNUSTLJLVSMPJ?ISTMVWOCLUTT[\_]KDHOXZ^^gbejjaZWNOT\YWcgb^XW_ced[VVQ_d_[Za``\SW\VVX[_^SUZ^dhccegfb`_`\[\agf\WQPRILUXUKMSPKMPLNWURNGINRX[WOROLHINKACKNOKKLEGUXWYVOQRIOQT_lqkb^^hkh\PUZUQNKNIEKHFFJLNQSTUJIOQTM@BIELQUWRSSOJOPKHILKLWYRJJDKSTVQMNIGKNPPSSPBCJKLNOPWVPB>B;>F@NVNJOVROEMSRKIPRKERYWXYXQQOHLRTQZRZdg`[X[emqmb]^]Z_XWYUURS\b_V\hmdUblh^fg\YVV]aSKRPUYW]ejsulj`XP\geentrjegh_XY]]XQCKQXlurjb]YSJJTPNPSWSQXZdqsqy„‹ƒo]jmfa^_^P[mnc\UOWnzwmXNPW[[XQMTY\Z[ZS^locVZ^`b\MOMLLYa_^^__a^XOMWTLPV[ac\WLDJR\\TSSUbfbTOTUSXYXYYVSPGQWRSUWXUWZSR[dd]XXWYXYXZTSUOLKPfuvl_XWVTOMPPSUUPOL@BGNT[deYWVJLQYXRX^YWIOWQNQSQQZajmiXQLJHJUajoi[Y[__\][WUUJSWV\fi\Xa`]YTPX_\V\_UQ[`\XPGJNITe_[VX^a^]ZcQKUTTVXRUUMJOUVUXX]]X\owsndNKYYOMNHKIPSMKCDJMVVNTZba\WXXbowxvvtjioi_[ZXYNLQYaaXIQWSR_dZUaa\ae^UXZY^]VVXUTTWZ\UOTZWbo{{viROZ_VSZYZ]ZSOOMLIKJLXXQ_keXRKNWYW\TQZ]UQHRWW__XX_`_VOVVXXSLSSKHSXUOHMVWVQMVXW[LTV[\TPYVNHMSSVZ_]VQRPPZb\WQNGMRTX[XPMKLTXUQJKPNLRVWNIPYUS[YNCOVUOMOSSUVZ^TJPWWPMUbda[ZX\YYVYWPS[]\WQ\aXVVW\\__X]YQLLONFGBEOUTLNl€tuvphb^XSPLRWSNSYQNV\[XUW^aYUQHJPLQRLMV]YTOLBNWRKRRPMLRUVSbb\WNMX\R_ma\[X\UR\_ZWPNXeid\YX\bc]^_ZZ]_Z^caYTQLOV^]W\a]Y[TWbgccbdhhd\UX\aee\VSSVSFIUYXOLFOVSGIPWYTMLJINRXVPMMLGLMHC;EXYZYWLLRPSZWRPUPLLN`qung[OYc^SXZOGIEEIIOQQRMNUXOR]YPTUQLDDKQJKOQQSVQNSQRWYRNSVVVXWRUXQRY^WLFQWXOEKQQLMLSQG@OWVMMOVTPRPQOMSVVSPLNKRXXUUKKV[VRUW^[QR\^YQWTWZ\\[XYeqqi\OKLW]\VEHR]cc[GPfpl^Pflg_ebQW__`_`\][X[Z\\_ktrf`_ghb[ct{r``c\TZ^\WNNQYTTampjf_VNQWXMQY\VR\^bjqupwˆ‚qnqf[PRUKQ__egbYXjy{sePDISXROQKIUTMQOPZ^\WTL[mo^RRMLQ]a__`YVRNQITVUPWYW_d[LDIHV\VNTW[ad`[TVX``YPVOHGDEPMOSXVKT`]R^gj_RSVWV\VMACOPSTKZkrlb\`][RMTYYYVRPSOBDRSU\WX_cdbVMOUTU]^SJP\^YSSRQ[bfb[TRQPPKU]dggb]]]VQX_\WSMML\hmi[SZ\VIN\\PKZg`R[\VJIIS_ZU_hhe[_ba\_^`UNRY]ZXWQMNLLHJUW[_[\fkkli[PNNKMYTGDIMPNA:LORTZ[^aaWJJM[kqyxutldhjgc\TPMNYZ[\YWYYUIOWLIZccafbQU]```^\_acaZ[ZQHNNUdiprwƒ‚sYWahfb]][[SNQPNOPMPXVNRbfbYSWYZ^bbWR]a_WZ]_ad^Z\VY]ZRPQUQPXYPNLCJRTQOPKKKJVWNNJPPRLDBNWYOOX[Y\^UQRMHLURLOSPHHU[\]UU[VSV_^WUXVRJHNMHKQQU^`^Z[\VTOQQSQSV_ZTVVVTKQ]`c]XZ[ZYY\\VNNU]]YT[XOQSTZdcZ[TGGPJHKNRMOTQNR\vvlsysibYSD:JVZXXZXMOUVTW_c`WSPHPTQNNRRSRUXXYSFJJMJEPTS[gg^baeoof[\ZZchgc^b`VZ`_\YWU[ebUW]VZ^]ah`XVXYTZb_XSUPR`_]]\aehf]^ba_^[_jroeZTT]a_YVRQQHGJKOOLJS][RH>BI?>JSRQT]YUVVUSTRKPFIWYTSVUMHKTX\[TTWQOKXnsncWHI_e]WTIBF@@RTJLVUQPLTVRRQOSVLJIGGMNJQSNNPDEOPKUYSMNTOOU\_^]ZNJU[IFMOHGGEIOWUQUVOOQWVROOUUNFGGGMTTS[\WTUXWYWVLFKTURPQYb`XW[VJJQRS]emgVV_hlhXMMHJX`[PKQ[dd]UQ]c`ZNTa^]hk^T`b]`eed]LTcd`\afoi\YeolaVcope`gbXWZcb_ZWW[]PR_dhb[[[UVYXZVU]ffdhjnmizŠ‰wma[SPTQKUV\dedWXbjmmaUVSRSNMVacVJLPPGGY\RHSlsogbSJHKOMIRRUVSTRR]`WXNSY[L?JQ\d_WXcc]_cb[VYbicRLLOTTNMORRUY[UXXVZ]ij`WQSQRRRRSVTWQFL]igTKPZ__YTOMRXYWWTSGJWZRUTT]hh`XYZ\]_e]WWYYSTXWNLaihc_XUUTPOURNVYafecVV[XFUZTKX`ec_]_c[MGMSCO[dd[QRTNGPR]a\]hifbbcdc[_f`VQUULKV^^YRWTOPTVTZ^SScpnd_\VPNVVG?CNZ]ULYVQIL`_ZZ[PIEDJLMRVTQTTTSMQYVQGIVQV\[WJMW]`_^]\]WT`oplsupkjmibaa^[]baWTXZ\_aXKQTPT\_YSPWUFTdeeb`\RWce^]hng]_b^]]VY_`^\__XVWZ^ZXZW__ULKKONIJJKHGJOOSWVUTQPLT\_WSOQUSKSTLPMNCDONOQRRLNY^`__`ihbgrtmbUURLLNUSMHMUPOSQOQMKW[XQL@GRPPLDGNVYULMMQNLKQOJLPNNPGMOKHNMHWURLX`[VSPROKGIVWQJU^_]\V?HRMNLEKOPOOOPNR\^YSQUVORXW]eibRMWYTX[VV\\[_X^gb\hkc_[PLMSVRV^ca]WOOQOS^bc^[WLNZWRTMPXUUV_dbb_ZMU[\bc\YVW\U_c^Zaa^eki_ZY^c[XY]ZMNRY`YRZffWFKVbhfam’Œ„tjZP[a]TVbsqacg[Wdjhhd_TRRQSXRR]\SY\XSLKSSQ^clibZWSOOQXZSKMHQ]\VLST^]YWVSSKQURX]ZPKUZVUPQYUOGPNLQQPKJGKUTUYXVVdi^U^ea`^ZUNKTYUSPII_u}xi][ZZ[RJLQNKPUVTTWVMPZRGV``^^WPHGNUXVRNLGHEBMQ[]YUNNSUXWY[YXXTWdoupc`_[[_efb_afdaUHSVTSVN\b\TRMCIXbhki\^hh^VV\ZS\YUY\idVQTQPYTW_[RX\]\[[[`nywlc\PSOPW[WSVVYQHLPUX[XUPTUVY]_^^_hpu|sfggecimj\V\`SOQPZWOXca[Y\\U\jdWOWY^]c`aejmmgaWKQ[hk`adlu‚„ycTab`TPZce_RHJJFQWWV]`\XUUUU[a\WXNCSafbTSYaiqrfWFIRNPVQMVTPMLDMZ]\URRRMHMSXZTLMRYTDLOQM9@XYJVRIMNLNLLRSOQUVTRMP]a\UY^_\]YNPTXRIQUPHONEOUGNRRPLJMTTMNUUTXPLSXSSPPLPVZPILLRWUUZ^^a]TQLLQbeVOPQ[^VKUYVURQMSWSW`gkostw‡ˆzaSYULSWUXWWWRMT\^ZSVSLSVTVYXKMQTLHWacZMFLQTSNLOUZbghdaXOYbbfkfikdhnvrh_^^XSW\URY]ZUZUOMTSSZ[WTT[]XU[_[_dc[T\\WU\feZXWTcmnmmeY[^^`b`]^[SRTU]YF@DAAEEJGSTGEIKVRNQQFIQTSVWVMKGJNK=EMJKEGNSSOLFHTXSQSamj_\[inj^XVUXXTOLJKTRQSSTWYXU\[WNKIGEKVRFFEQ\XQKKMPWUOIGHGIUVNRRVXTGHLUWV][RMOX[VJDHPNH=OSNKNKEHIDGKPSZTIQZVMHDENLQSOS^]]bc`RMQUTXUJ?MOORWX][\inh^XROLQZ_chgcZSKV]]__`^a`[PFEKRMIDPSOS]hjfe[QNTVW[X`fc[YZbZ^ea_fmkcW\[]RUW[]VMT^^ZVTRXZ_\Z]filv|ƒ–“‡ymYITVTUdqwmXRJXc_[YY_`db[W]^W[\STXVTSW\][Xbjpl^USLLQYb]SRVY]_^UQTU`Y^YKHMQTVSKJPOINRPK?DJA>GMLK@:?GIGMSXU[aXN\^X]d_Z\YUNLKNQWXURP[ipk_YZWYWPOPQRNNWYS[[RNRMI]ba`_^VUWNLY`[MJMNOQSY^`[RTZTKSY[[[YQNW\copmhc\VT`jga^\WVWURHJS`hihd`^VVVORUWTPXY\_[GP`c]ZQOY]i`YULLVaba\VWYY][ZVXky~wkbVVZX\bYUPNTW`b[ORU\_TJJMYcgbWZafu€rpogcakqe[Z[SJTW[^SRa`^[Y^VV`c\[agggml_VXiomfb_[\ghbY`diw„nYUOVY[LJW_]SKOOPY^^ZUXVIRVR[e`YcibR_nuq`QO\jmaYSMXRRYWTY[QPSMKPUYSP\XJHHFBKQHHW\UIHSVWQKX`ZTXWWV`d[LPSPIT[XSVPPYXRYdcYWYWUJCNPSTQRZZPKTSNJHRRKHPU[PRRTQLR^de\Z[ZWZUQUX\ZPRWX\^_SHTSNKU]XVTOOMKPXUQKTNDGPQLKK[fs}}|{uk\TTLJOOQPOXYXYVVZTRUTW]^]ZURJPMGBJW_ZJ=LQOOOQTVadillie`^beeimkgbentsk\^[[_\VRWac]XTW[ZZUQQQOLPVVXVTX][^_]\WPU`bfgd]UYlvumca[`df`Z]^ZUURTQQTPGLMRVNNRWZRJTWTPDRTLGOYTVX_aRHHJTWNJIEGFIMSMJHCMUQKQ_mlg`X\nrla^\VSTRVULKRMU^]YWWNMUYXMMMHITXMAGS_ZRNMPKR]YRNNB??DQNCLTRHBIT]XPMMLQZ^]WGKPTPONSPLPSUSOHEGJQYTJKX_]M>KUSLJJR]]Y]_`ZPNNMNNKNPPNX_ZUT[\cfcad\UUVTalkeb]PNWZ_c^PQ\aYTRNLGIOMNQVVZcife^TSWVSVW^aWL[eggh_Uchd[W^ed[VY[bdYR]^Z]]TKTaiaTOXckikŽ’Šzrm_MKG=MdonaRQ[XKX\WXfjg\XYZSU\XY\YSOU]hg^\\^ZRLVYVP]gfa\PMUY\]SSWY_VSKJMORYVSPNLHDIPRLABGKKROKLMNNQLJOSRUceXKTRONSPTUUWYRUX\\URQL\mqgVUXSSMQUPTNIUZ_jkZH6?FPXZU\^[SVVNKVZXUUOMOT[_a\[TJHCN[]YWXPJLX]Y_fhcZ^XS]bcbXH:ENZ`WZlpplg^XVZYQNQUVX^_`ggYRWcfb]UV]]`[]XLS\ch_VTWTOW\SK^kqsoha[Z\\]WTXVRSXa`YYWW]]RKERdie^Xbo{|yzsfa]^mtm^UUMXa^XQPRU]]YXYY_`[X`mkkkke^Y^jqojede_ab][^emw|whYCWb`\YUQTN@KOPTVXYX[]SS_YV_`X^gi_P\otk[VV[[`f^SZXRPNKVZVLJMPMKUVMXXNGQQC7DFMOSIIKMY^ZSPRWXVSZa_^YSRUTTY[Z[][UTPOMRTQLV]YRNV[XTWU[[[\[VQTSV[XLDKOMJKKMENTVTTS[[Wa`XMSY[ZVWUQTXXRV[WSKMSXWTURNQ[caXYSIMOPOIPTYdrz|x}zgNMXWQNVYWXWY^OMVW[ZVUX[URXQJENQLNSPTSNQSKMW\[SWY]ge^\a]YZ`gjifdbfjgbSLU`dgc[X`b]XVWZ]^[Y[VTXVMP\`^^_cdd^]YTZgoh``f_Ygond[[_dbbaZ\[TOJHQXYRQHBGRYVRPQWUJL\_VCLTSPINNSOMZYME=O\\TOFHRQSTPQTQNNPSQS^flmdZgtvk\ZSJIQ`aVKSSKUZUMNWURZTBBKAJQQGJV`a\URPURGT\WJUWPD=JPOILNDINPQRFAGJNPSZ_\QRVTKFMVWVTV^YJAGCCNQEGRVYXWW[WPGJNSNLSX`e]RTREHWOQUPRY`\YYPYchf]de]\TQY^_^ZQNPPNSYWPPS^^TWYSJHGNTWYV`qtmhaTEJRRSOU`fYT_dhhcX`e]W[_gi`WRPYa__`]_b]QKMZebZMSY`^[g}Œ‹€ymXQSLYcgfaSLXYKOVXUVbbYOFLLR\ZTZacffhmk_[ekkmeX]]]]edZUW`ecbc_VUWVQOLV[`ffgbVOXVLGSWSOPRNQWY\_[SLNGDE@Q\b_QX^\UVYYY]YTUT[_\VLJMVbomWDPUKKWVX[\S\]akqhT>DNV^Z_kkdZOOPMHBGV\]PMOS_hg`XQTRUXTMH??GMRVQS]`[UWc`XWcdUHRSPUWWXfnkdd`YPSTNVXXXTW`da][^YVcedUVef\X[ZRKRX]\][[VVLWUPW\kpl\WX`b]WUTNOVWMGNNTX]\WVWTNYflg_\er|‚zxsj_ZR`oqi\PPX][TPTVQQ_ehd\]e][alj`\\ccca\_b_ZW\^[bc\\b`etxm_]clkfhgaVLIHOMOOUYXYWY`e`MRYZZ^c_UU[fdZUUT[af]MENUUUZ`fbVIJSWSSVQU[[UUZXPNURINSPOSY_\\ZZY\b^RVUXTLNQRWV\[MIMSX^^[YOCQRT_^TLJTYYYXQOQRTRQS[YZVOMPNPMMWVRX[TVY[^\Y\\RSTZYTWWNCIV[Y[bbVLPU[RHR[YSUZ\WY[TTUTQKQRU]dfov|~s^TUWSNP__UNIPOU_XSTQOKIKIQWRKIHGLSRQTPQWXSUZTJHN\elkife`YRVXUWZ]\[ZYST[`\_jk`db\_WTMSWRKQUOLRLLZdeiffbYQVUS[[`_PJVZV^hjmlf_a^]_[_^TQPJIRUXQGGIPVPQMILRJDPZTLGIKMKJPUUQX]VLMIUYXUHFQVXXUW[XQMLKNNTW`kmdVgqlZRSLLP[_WKKUZZTNKAS^^\UIIPHQQMLLW^[UTWTSWOIUYVPQC:EOVSIJNMNOKPUSNGITRLU]ZQNNOMLOTPECSXQMSTMHHIRTOYaba[ZYPMMRRSWY^a`VTULKNQPUW\\WUQTYbjiaZ[cebb`agf^UNKOLLLINQRQZ^_fc]QEBKVZ]Y\oyr]RKIRVORTT[de\UUcdd^cfd^cioqi[XZZ[Y_dd``]HHNUXW\]XPY]Vcs|ƒˆ‰ƒwiW[]\gjhbTEKQLOVX[[be^[UMKUb`PDS^ghfceb]beehhhfbba^ZXZW]`acb`_Z]`_YJJQ]djmmj\SXZVWW[]VPZ]Z[^fje^PNOKFGLTVSMS[^\XWRXcf`XYdhcYTRSQ]lpfUdk^QZTLRVZ_c`myylUJXde_Zcjg\NIV]ZOINV`YMRXU\caXW`_\`YIDNPNOTSHJQPUMJX`ffij^OUZ^ZPSZ]`a_`hng[a`bbXPOU^dcZYccZY[\X\koe]gf]SZ_`ccVVW[bWV]_]et{vfSWZSJQYVUTTVWSRPT_cYQWTKJUbc[Xbbm~ƒ{ngd`_giga[MV__WWVYVNW_ntfV]hbX\bijbYPPNSZ_\QKSX[bc_dkibgtukdaejc_[XSQRNMGJSZ\Z\]`^_`[RMMPQUWINUZ^[TQUY_]^^W`lfQRX^c_WOO]]XURP[[POWWVRW[TLKMTUX\Z[ZXTXa`R^__]\YWZZX[TOLMNTXURMEP\ZY]XUUTVZWRNMTPJMXXTJHNMHNOMIGJSUYVTVLMY^[UWVXYYZ]_[YUIP[_YTTTVUZ][XYWTHMY\WSPRSLRWO@GIR[ckx}}xgRNV[\UNU\`ZQOP[`ZRNIONJIOWYWWVUSSWROPSX[ZVQRLLSU`lnmrqrm_OINMNPQVVUZ^_^YYbd`becfbTGTYVNMOPWZXKR[[XX\^^WTVRVUV__UW\`^cfkrmgffbZLW^WNLLSVQLNOSRMPJLUPOQOQTTKIC7:EKLKT^dgaTPRQTVNR[\WXWVRQY[WLKMPNW[QTbb_aoocQVTKKRSIIDFV^XOLKFQXSRF@GGJNMQQR\]RJRUVTRH?HUWPEGPQYZRMNNTVNIPOIHIWTTWWQNVWNOSTQVWLKMKKGQRRNHMSUR\d^VUQMFEKPTYZSRQPT[YOAK][X^]UUUXWVbd_Q]e`U_efef`RJJKMLRQPWRS^``gkicYVWVTSZdoureWWY[\USTQP_hkf_ccbfdegnqrxwm]W^ZWQNSWWXVROOMMO\ig[Y\Ueqtv‰†{m```fhe^SPWVUSY\`dedZZa`Z`ii_\^ee_UQW\\_e`TT\c]Zaa_dh_XVUXZ]`[VZ\WXNIOXYYY[WTRPLQUXYTRX`bZbfd\[WIFJGITWUQVXXUSVVWUWTU]_ad_ZTSTWZbkhW^lcOSSTVOHW\TRiqgTMUZbYMNPQUPPZcf[PT]gbWZ^YRSY]ZRR^fdVKNVWQMSMOSV\[QPYgnmlcWLD_j_emjc_cgjmla[ZZbe^WY^XTVUQVWSLZ__hpeUaid]\^]emcRW[``EXZXTevzoWTXTSUU\Z[XTZXWUONTTMMTRTYZ__][W_mu||slaSX`\[^UU^`Z[[SS[fiekj_W_d[S]kof\MFA?S[ZVRUUPR[\djjjlntsmaVUXUMIWVQQTQ@@OUWY]_YPQRVVJKQLNKS^`_\]\QR\][b`^uxgLKLW]\XSZ_WRMMY[TLITWTPMRVRRZ[WXUOOOJLMUTOba[VSTXYPUTNKNSQRNIFGKSWXNES^ZUSUUKKOWONRY[TNVSHAPVYUJMUYTQPMLMMTZ_]YWU[bb\Z[VGN^cc\ONTW\Z[ZUQUY\VOSVWQMGJQNXZ^dcalv|}q[QV`d_ZUUY[]cge[QRNLP[VIJPVYPLUVTSVOHHFKUYURRPWVVgqmihjok^ONSRTTTSLPUW\]``e`_dggcXZ]][YYUPTXVTONX\ZXXVTURJMT[ehaZVVVT[\dkjcbebROUWOFGU^\NDHKMLH@>LOHIPSSRLHDGMEHLLMU^b]OBPOJSRX[\UOTTOLKLHGIQPU]\N?I`jgjj`OLMOMUSMV[XQX]UPONMTRPLIRPLKILOQVZXUWTQE@AITVXSQVZSSVVSRMQUURPOB@O[XKIJHLSSVSRMQT\ZLIJHGJJHHIJOOLJTQHLLHFB@EPTUUUVXXYYQF>L^WJMONPOPMS`cdgf\NX^]YZ_\SRPSVYTQUVQ]b^cjmnhc`ZQNU`jlg`aa^XOORPSOWgonhlnc]]]V^gpsrki`VV[][XWRKLURU[\TO]e^Ya\bottpxƒ‰‚mNRSX`aYRRV[YXRXXU`e_Y\\_cfe\afgfaVKHPU^fbUOW[[^a]RWY[VPLMR[`XVRTURQIFMPQIOVVTSSMLUTNKNUYXbon`OI?;AHGKXXJJZ][\\bfaaZSQUZYba^USQKVgh[TZUHRTY[\VMOIHT\ZPJWWPSTRLMOMLUV\YTL\hgWL[ZQSX]`]VakldXQKNJPQTVZ_^XOGU^bfihZSMWikmtna\V\^_ZVY[TU]a_\VZ``ZPEW_UV[]`fdPU`c_a]WYgd[W\]ZWOY__fswsk^V^[]WQSXXUZ^XZ^SKNNVZ]XTU^ed]US_dnz€yje^S]fkdXP\^YTWYYV`jld_bhg\NCNW][[WQMJSXUMKUTRSTW^adhmllw~u\HObea[VQTRSLDJQURQUYYXTZ\TLPRWY\cc_[`b[SMSW_fcmvo\XUZa^VRZ[Z]VLTVVTRMRVXVWYQNPPSSTSPQMFDLOONd_WJKXWIBIMFEJMZZSHHQUXcdYMT[XUWYXTS[RMZYYQKZ]UJHQTWRKOSUXSRWTLUY`aYUUUZXWYTVSKR]`aZUVUSKILHJLOWUIIKW]YST[^Y^gsn\Ymƒ~mZTW[UV]]VMEJ[dcYUSOLXYWY[^[PENQV\ZUXZKCMU\^YQJOXdljd`comeWJOTSTPTX^WPU`a^XUP\^[[]VX`gd^XX][GVZVWUU]^aYRTNPY[[c_OJSWYTY[^ab\V_`ZX\ZO@ENURJKCELOUTPQPJPOQICFHSXNMPONOSQHFCORKKPZ[X_`XVPHILLPY\WR\aSONVflnqofYONV][UY]_WPNJEIILROPTILUUPJ;:DMSWZW[ZUMICMWXJDNTMNRVXUPLJDIMRTOOWYURPSSQOV[_RSSTVKADKPQRNLLJJJMGONNPRPNQUOIGNSRRZ`_ZSLGEHWWQNLLKJKL]lqocTQSRLOZipmdSGKNSQJKJPVTS[\`b\X]ZYX`afaRT\YTSU^\UOO[[UZ^]_`cjh^[akhkrqk]Y^^YSQHMTTOV]_YVcebdd_lvunhj{…|c^[Z__YYXTYXQSVVPNY][U[`aYRJO_ed\WSPMWcc\VQJPQTTTSW]bZSSQRUYZ[OLRQZUKTWOLSXXUQPPOVVVQQQSOU]_SLXRBIPUVV\YHNY__W\gnlgaUOLP]c`VW^\hpmbVOURVWPRWTMOMLRXVOU]`TKTSRSRQNRLRXXXZhk`OPSW]`^[]XKYa][YRWWZ\ROMSW[]SS^abhgb^aX\dkncW[VZ[VLNVZSOW^dbYRZb^QKU[XVTRX\]^^^`\ZSS_ovpc\dd]Z]b^bswrji^YXTWPKUZZ\[VU^\NNJT_^`\UWWY^]XX_fnutj`\XVcmoj__cca\VVY[]`_UP_dYJJUWSSX[WQUVXVQOJNZac^^_\`iooqrphWHZdib[SUWXY[Z[`[MSQWZXQOPQQOX]`bYSU[^ZZTLMNTRTYTX^_^fi_W__W^`WPVVTUSPOMZ^\MMVOOTGLPNOVTSRQRPe_WUWXTKKROQOEFRPHPUUS[^\UO[^`bUVWWWVQahdZPWY\UPWUTUPLREGLLSTCIWY]\ZVQRVZ[]ZSORXYWQV]VQPMSVTQTWROXQKRRJKU^_UWeicbq€…ƒ{n_IQRRY^ZNGLU[\ZXWPPGHQXYXNJJPMNZ`YZa__[QNWVSMMLR`b_\ankfe]\aZSNLXecWT^a[XSOY^XVW\X[gcZRYdeYSYSPPSONUZZXSUXRPLLQUYZXTS^_^`e^[]aXRTPIE?LHNSOWXSLIJJORMMSVMGIEIKOQVTVXWVQPQQKRQMMPRTXXZNMNQVZSRUZWQOOORRNHFINQJKNMTVIFPY^QFRVQLU\[SK[\WWPKJHMZmriaY[VNOQQXgrrj^SNWYROJJRTOMPPPRS\dhc`imfSNUPPYZ^_`\[ed]QDMVZaii`_^bddgmh`]a\QGJQXRKIJT[ZZcke]ZUYgnkmjm{‚rc_[^`_ZSVWTUZVPX][XZ^^ZSOKMTbf_QGMPN^g_[_WQLDMZWMLVOKTWQQX]]WNOOT^LKQLKHMTSKDJTRSUXTJHNV]SU[\QLRXWQLIFQYXXXWXWZ[ZYSVXXROWXTTS\eg`ZXZZ[SQNGIDJOJ>?ADEBEMV]_]ZRRUUV\^QIPVWXTY`]TQQNRVRQXTOZ]YWOMHJW^UGWakmlrx€†„wW@KLSQPPKR\a`\]\UTPQXZRPKJIIMKOW^UPOSYWROSVSNV[[]`chqn__WWc\SWTVXUQQNQSQNRTXZXTSTY^YVW]eaZYYRJHTZXTTPSSOPPQPMR\`_XXX^c]^cca[W\\ZTKEMSOKKKMNOQVSJCKOROKPRNNNJEHMOKT^_SRVPEKJ?GCHOUUPMOFNICNPSSSKGGGOKVgsrl_QOMOIEEELSQQNNRTVTSZ\XPORQPORUOLMKRREFLMRSIHNNOTTPEJMOONMNQVXY_dbWXUWUNQNRU\]ZWXZUNNSVPHQWYUSUUOSNLV[RHQ\cmkbh~ˆ‡p\RDPWTVWRVZ\UJMVZUMTYWVNJLFMNKPYXORRPRODGX[MBO^^XX^dcTPY`a`b\VVVUWYVOU^^VINX_^\ZQ^^ZXT^`QTWMKLQXUTSQMOMNRURLO[\ZVY]b`]\X]hld]RNX[PJWTMNOSSMHKLI@=DNTSUUSIKIBHITTCHUWNMLJLG8AILIOPQNRKCDRNEBIRNHHQYUNMPONNOTQQSKCJUVTUTWRIS\UQ[bbjme\YO@CMZ[WQRTM>CAGJOUOF@BJQV[ZSLHNQPPRXUPQSQ[c]N?IMHQ]\[XVVWQLTUKFUUNUUVfkdQTTPQSWYTMUUVTX\_\QMLPQJRWNLORQ[^XHJQQKRSUUS[\VPMLLNHKQTYVGDMROSYWY_XSWWOLMQUUU\XLJSRSWSNSUMDPXWJHLMQFGMMPRPPSMOTUQECQQUWPBaaa_gnsk^VJCAQUXVUYadf_TS\^[[YXYVYYXUY]YTRU`^QITTKI>BNRPRRONTVOA>BLPX[]abbfddx‚‚zgVT[[[YRKELWXJIMHRSMV^_\SKU[ZRRWSQQKIQWVYVJRXSKOPR`d]_f\V[]__\U\\ZQW^]XST[^^bcdc^[W;DIT[UMOV`c[SSNPRQY]QHINVWYXYX]]`df^SU^c^YYPPX[Y\]\ZVPLAB?=EQPOPKGBHPOOMGKDFIHLPNRQNNNRYYYVMMMR[[VW[^^VMIOMCCQRSXTckhZQQOLLPVTQQTQOINW[SDHLQORWYYTNSX[XQOVTNKHPPPRTUPQUTRJHKO[\PKQYZSQQPXZUOKMPQQWXUTXUMLPSYXTPMIKFJOQRUSXXNRXTNOMSQOLLU\VGLUXNKYff]TIQchhaWLMIS^ZRPWYQ[ZU_^URTJQ[_\_c^VRLJU`hjj^PS]djnrle`_gnha]`]OT^^]\UJMOW]aeb[YXZ]]achmhYPZbZNSQTTPNNOS[bc`Zdqz~‚}||rdZY]`_QOVUU\`^NDOTYTKSYcf`SGPXWRW]ZY_b`YWaa]Z__YNFPTUKTbmke_Y_XQNCIR]hfRHMNMLSWX`caZPVY]`^_e`YW^WKJD?P]ZULKWUTRPOQH?IR[^guyhULPQQLLMOJCAAA6;ILMHJT^`YOJJOSVTSTVSTY]ZSNX[^cebZRR]f^RKI@EMQH?@=GSPX^\[]YZ\a`bXO_hggihb\ZW\dec^jqf[TQROPQV]^WROLH[jjc[[Z[dged^X_]RJKHNI[YQWfsupaNHL[fe_PMRUUUU\b][^_[WZahbXTTXWVZVYm{zfXgnk`VRU]f]`nn`[][XRae`UWT[^Y]bYXenlgb^`SU``ecZ[a_Sar}€wgZ\ZV\^YPW`hfcZX\__]TFKNIMQSSOOPOUY[_cb`fb\Z_ajmni^a]X[YQNNRWWVTOSWVR^`]WWYYVSLGQWX\^b_UWYY]SNPQWWULJTUQQRXVPRW[VVQKJOWX[\XTTINOPVWLHMOUZ][XUMCJLNKGPWabYQ][ZTWVS[\[\[UY^WPVTPNQSWWOMEIURIJZ]ZQMRI=ER[Y[[]]\Z[Ylz}yp\XUOWZUPOQSSOOWSOSVS[ZYYVTZWQNMMOUSXUTXYVQSV[YMU`jmb\`\Z]_cc`\\[WWS^`^YWMCS^giib`b\TRNSY[TQX_]QORSWRPQSUZWV\b`]_abZ[_\\_bd^\\XT\^ZWZ__]\YLE@BDKSRPLFFGQTPNKHFKRQRWWVZN;GPUMKVVTE>LMRZ]YQPLBQ^`XNMQPNR[\WTUPNILSSTV[XLMPUYUJHNQRQTUTVPHJMJGRWTRKDKOFJLQUT[YRJNVSTZPFMMLNPSMP[_]YRTUSY^WQQPORPOOQPJMPMJIJNTYTJU\^YRLHABLMRKGUYOJPWTTVU_\VEJ[df`[YOGSYXVW_^XZ]X\ZSPOKQ]d_\\\QCFKLY`eebZZVQQ\ijkjcadc^TW^]YT]TUf`OP^db[RRJKTXad`bkj\CNY_VUYXZUX][YXYZPPY_^o~€|z|zkXTdll`ZTPORVNIILMY\]YUX[XMHIHNQOMS[bed^PQad_VZ^ZVUTTWcnkaXL_]^XVVPJFSbf^Z[UTSTZ[[_aYUWTZ\SBV\[ch^QNJKQW_c`ZXYTUQKSYWX\^\[ftynVDKPONNKDJE@=EBCADFHPWVYXLJRRPOSSWXVY^[NQUUT]\^aXOGOZTMQSLTVLKHDBHIMTY\`a][]UM_d]T\dhnngc`XRX``R_vucTRTQHMV`b]VUQV\ipl`^dddhfea[\XMMWTX]XVQQZlw{pZRSTYYRSYXUYZYde_]_^TKP[_aZYWJNQPSNgƒŒ‚i`imeXRPYcbgjbQPX[_]^li\RSYVQTVWaiie^WRQIP^]`_\gkjcZ`n~†…ua[][`hfZ[ddggbSNUWWVHAIMVSRWWSTWVYWZ^fd\W\de`fillf`ZTYYUTPHOQTXPLPRNYdaXGMT[`[QNSUW_gf[USPNXXQMW`]SPMNTZ[]ZPSSQGLPKPTTY^]WMILQWSOXO@NOKJU\]YQGJNPLIGOY]RCQ^`\[UMURW\[XJW__YTUTUPHWZXWKOVUVX^XNIKJKGGTYVT_dZ\YT^o{zviZVMRPJILSZUTQTTQTVNPWQNPUWTNLRVULN]`\TPRXZPMXUYfnmkhbYYUSSXSQ\b_ULS[ZXYYVMR__``Y\[YWXWV\YUORVPV\[[WUNMTVXRT[_\]\^ZZ]]ahifdZNVUU[_\TRXZYZRKHHGGMMHNTXXPGLRUNKOTMHNSZ^YREDIKNVSXVMMMPTRLCFLKPU[_\Y^b`RJQXUSSSROSUTUPGBGFHV\XRRPMKNMKIPQONGDFNPIGIEJIHJIMTYXKBLTXXQHJQVWLKSUNVRTPQSSQPYVIJERYWUPMPQWWTPHIR\YSMNUZWXPKORSSJ>AKJRVVSSLKH^XLPWSY^WRY]YRONRWWY[[XQPSYdcZ\`b^WYYQFDPX\YTT`iiaWQYVZ^ZY[\VMLUXWV\[VdbRS]bbVTY\Y^[W\XXcjcXWY[YY\^`TKU\]^VUSQW]ejry~ƒ€vi]cgg_ce^]XSUWUMKP_hdWVV\YUMKULGEEPWbededhh`]_YMORQOUalmcPI]jWWYWOEHWfk`\\TOY^b^UQY\PLIR\^WOVNQ^\KNPOXad^^c`TELUU^fdYVPQOKXedXPONJOSRNSSL>>EGIIRQQUJAHGHOQOIADHORO_[UUZ[[]Yae]TTQPKGGMFLRNIPSLKOSYUX`df_[TQY[RRW\bfhihfc`^claRjof\YYXTS[`[Z\VMQU_kifdcjifji_RQYQP[]XYWTUadgu„‚oXVUOMNU[XX]]X]d]SUYVNPY\[X^_YPHIKSZu…‡|bZfjh`VRVZelbVVVS\a[TZirhSEQRYdmoib\][SLJVVV^acgikhYY{‰‡‚tbURYa[PT[^\][XILLOYc`WPWa[SRTY^\X[PCUecZ[ac_bfkqjed]QMMTTPUYYUWZSMPNTUROGJR``WYZUUV]d_NGILOegaX\^\[ZUTX[YZ]ZZXWRSXXZTTVVXRMQQUSLPNKUTLLMNPPHBHNRKDEHOWQFCQac\PQRJR_]_WUYY[XXSUPJQSXXPJIPOIKHJRPUWSLGKC6FPVXPEN[[QTWULX[RSXXSVbf_\\a^ZZZWVVOTSXdlrrmilkiY`mnib[VQMV]`^^[XNVjtoc\PMUUS[_c[XSRPNTY\[[ZT_aYTY^RTdcfjfn{†‹†{lb`bca[XQUV[[XUXYTQJMYZ]gh_PKJQS\dijf^UWa\U\]UNIL^f`WULNUTVWXRRdkhaXVUU\e_RY`^YUTTOZ`VQXXYVVTILVYRSWVIMEDW\WPPY\[WT[_[TNT[\`edb]bc_YSWWTICGJSQTSMNOMPSOJ9IQ[[SJFHIJMSSU\_XNMQRIN_lof\^]VRK>JPZdfaWPPROU_Z\ZUKGIV[XSZaZ[dfki`Z[]WNUZ]YLJSU[]YSac\XZZ]bkoskaZXTJVYZddWR\e_TVYXTVTIIT]]Z[TO\]YVZSCCDAIKPOJMPVXTRY\ZWekibb[Z[TOIKU\bgbTPYabknkpwra_nqmk_XWQJFNT]__[Y\XQLO^`YXeouxwndfhkkc`XRTU]]UT[`_b^X[\Y^a\JKQYZYU[b`b[VTTXTTfw}{rbQ[^TSdlmg[UU\ZRQVTUTKMVTLCNXYVSYVWZ[\[VLcoiUP`b_\XXWZXTSRUXZTQLQPFLVVLJUQQVY\XWXWa^XUUOKRTOQUWUMMNILX[YROQLPVX\SKHHHPORTYYWMFIJT^ac]X[OGJKTXXX\]\SPTL?GLT\ivyvrpmeZNRZ`]TOQUSQQKKUZXNLLTX[WTUXPJONOQPNVXZVPSSY]cgd^fhf]JG]]T\b]\gh]be_Z[XU]\YW^_Yea``^\X[f`ge_ZZUSPKHMSKJTOMT[d_RT[RJIWce]PS]`^]ZROUPKNMCFNKCDFBOVM:FQPVXTWQNTSIFKGGMPSVTRHJTVSNPI@EQXYRE9ELHFNPPJHRVU\oul^SNBS^\ULTYTSQPU]d\W[ZQUgpkd^bjgb]XOKJMQXX^imhcgmol`]dd^\^VNRPTUTQWVKVgjb\URZZY``YWVURPKKSUUTWWRVSVXXNN\^befkjs~ˆŒ‰zjbghib[XWECPVTPY\^XLZ_fed[\]]ZYZ`fqm_LU_^XQOPY]TSWRS[VUUUWOGOZbgfa^b\W^[Q[edXR[^V\ikcWDEIOYYUSPQWXQHLQDDWUOMQQSURTY[\ZZWTR`i^MZcb][POTSYVPSXWTOMININHOLKPOUVTTQNLMLMQZ_\VV^_WYeke\PNNIKPIKQSIMY^ZNJKQZYRSTKDLM\_WXiohabghe\PVUW]\_dhcVVYafgd`UMY`[]hqrj]QRRKN]`fgcUUa]`[UWZ\ZMGCKYcglk^WRTSSOLRTSMQVOSX]XLSRTZforokfd__[YVUOOX^]b`VR\``^W]ksl`acchg[[^XGGQSW^b_\XRNO]]W[dpuv|n`jpj_WYXUW[]XRRT]a\[UKOSX\YSQTYVNTV\b^ZXXY[SVeov{ueT[SOY_ihXSWSLNKJJGNSQWTNNLOOHIV[WSJNT[UR^b][SP[a]]WTZ__]\YMS[\WPLJSMQURUYXUNQUWWX[UJOTQJLSTRZXUUMDQZTUVSKQUTVVQKGMPOGFHMIAELORWY]]MFSYTVYUMW__`_YVRHGNOV_lv{yvgY\XTWY]XRVMJNNRWWRPRNFLX\WV]]YWUUYTIIMHJNLRVVRU`gikieZUPPTRXc][_b_YX^_PTV^_\WXad\d]XVOMJLRW^dc]^VSMZ`SSY^^PLKRYZY`^SPZ][^``___WKGKNURLOMNQPIEFJKPMJGPVRVVUUSGAJRSMLRXSRYYOPQOROMMGAFOU[XNLWYSIJSUTVXVVU]knhb]YSPJGLOIJTQUXTMJMRXTW[YTRRQKDFKROADNKORTROJKKMNMMIHMEOUVPLKLLLS]^VMPRRV\^[SROSZURWQINRMLPMIKMPUOFJFKRVUPONPLGA5;KWVNMSYVOIMLQPQYYXRSVMIORMMMSL=EQPKRRSWWQLHOTQTZ^YXXfrwqe]XMOPQRQSUYXXXXVOFNPWSRWWTLGKTRSTRTSRTXYZUSY]XMJLIPVSPTWVUPNKJHJKNIGKHFMV[]KCDLQX][WQOMNKDHKJOSPCIQFGILLKLHHPPUVRSQHBFOPODUVOLHLTSRWYL@DS]bbWOWY[WS[_^cd^YQS`aQK`nshRdtseYXRSXTXcc``]TTXRMHQVVYcbZMKKbtti\]WP`kdG=ITTS[^^]Z[\TX_^SIPWZYVOVltm]\p{ƒƒu\Y_^^[YYbhe]\dfa^VRURPQSW_YELLHL_jjb\`ghaYX]daTW^]TIBQ\ccb[ThaV^i_[[QRajgYR\]_[ZWLFT^_YX[`[RJFKP\a_ZPPOTVQWXVce[QQKGOXXUXWS[fieYYbaZVI6>FERWXTNUWPMLPWZdhfVSY[XPINNNQOUee_URQIOVRMLFALK>=HHDCOMNJ=LY[[cbWMJW]]\^TMX^`de_TKNhqf[TVXWUURS`e_\[[SX`aelpm_SIDMNSPTWUPQLPZYXXSQLPX\WPUPOZdcX[^YNKDGKUVSQPWejbSOGTcqz|vh]ade[LMZgfgaYXTV\[TO[fooaSMP]a\EMOHKGMSW\\XQLNSXUNR]`gw‚~uf[bg_SX^`[YWYY[`c_URU]`[^[TOILNOTZZ[YUWZTEQWX[]lup]Ydc^ZS\`]]RDJXZXWWSRUTVWTVWTT[]WWYRSQRTZVZcfhcXQPX`_XYYY\\_ZNXa]WY[\QR^^QU]WNMHIW\`]XWXR[aXPKPTUNTSPX^ZUGM]aXQSJKXdbXMNMTPOQLNKIMIRPHLRTRTUUSVSS\bcVNVQNT]emkbbdaYXVQKLPLSMFQSRS\a]SLKTTPJKRZUGW^TNLOY_\TNOSZXRZrviOX\OJNEINWZW\^\Y\`[ZYVS\`badf_Q`Y^_ZXVWQV_aacccd^ZYWUZ[UT_ba\\YWZ]UW`db[RLLV\`^[N7FLIMTQOW[VKGGR\^[VQUWPLNMSYXXWQLIMQQPMOPKMPHGPRMF?JTN@ARUUQMU\Z[\Y_nspgZNER[YPNNRULKRYYTTUUMIHGMOOMNNHLQ[XHJW[Z[SQ\\TNOGLXYWVU[acYNRTNCOWSPMNLIKNTGGHJRVTRTTWZQJOKIMNNNNOHIQQNJIIHILU\ZSOKDCOTNLITOUTMZfje`[PO^ad`XUYXPTRSY`_ZZ]aYSWYTSdjialxugSSUXbaUT]]ekdXSW\^becfjeXRMOYiqrqm`YbjeZTLT[TOR[]YXZSPSVWTEHP[]_^m|xaVhx…Œ†vc[\_ZYVXdf`VX[`fd[VW]e_eokOAQSVXckljgba\Z_ZVVVQNRUQ=HPX]X_aYla^b`W[SOT`iaHU]db^\M>NVWOU]b]SJFHHTZVPMSUWZ`_ZN\a_ZSIRVU[\_a_`flngY[]YYXPJHF?LONLNNRPKANVVXTOTUUTN@PVOKRWbcXMSVR[d\PB@GPSOHBCEIILMPTaibX[cb\QPZ]a`VPMMTbklf]V[hkfa]ZZRDAX^YXTY`d[ehciqlYOSKMMTOSUNX^]Y[`abZRSLJLNPVSOMU\^bbZKLRTYYYXYST[ghd_YSYeu~~qYMYaf\Ydf\JOT]XY\ZRMWdmspeSU\cbXTTOIIMWZ\TOPLMOTWXTYbint}zrhiicXW_\VSTSPOTZYVSUWY\[\\XQNRUWWVURPPRWPOSURSfrrfdc^_\ZWY\]\OIYW[_XSNLJKIOTW[\ZWKV\VSOUVWPSV_aee]Y`c`YVWSRSZ_VU\WOTY_ZRVUNFOTSURLJKLU_[XRM[ZRSWSRRQYPVacYSBK[V??AGLRXTTUOGH>GDB@ALJJRMRXTUURKKRUPT\^ZSVXUOUdrvutn_TLLPNMFJVVLLNOIQY]WPW\WOPSU[SAJYVLJMVYWTVRTZXLbŒ„naa[SSRT\ZUSTXRNW_`XURUZ\_ZW]^RO]Z_[UUXODR]^c`\`c_ZXZ\[XPUTQTV\WQ[]]chb_^XUSW[b^VKBIOMMRPMPRORSNR]_\QOTSJLLQWVVWUQJJSXVMJJDAILQY\SNIOSPLIQWVQNKHLT[XNRfrqgXNNPL=HMPOJILNTTWYYWWWH>KQUSRUMPVXCEPUTRSTTVW[XLJNPUTUY\[TPLSRFJSLHLOJKK@;@JLQZ]WHIR[^QELJLROQXXQONMJKMNNNK?JURNJJFDQYWSOTQQXW^mqnfb`SV^]YRRWUQPRTYVWUU[\^`^[YWWWXblmcRMEEKYcd\YW]hicWQWadc]^`YNKFMVX`krul^[a`ZZWTYWMKW[X[[STWSSVQIIIS]a_qxtjflzƒ†paZ`dic__]YWTUTRajfXSghcoqcPKSTSV\]]bYTYSV][\YPMKQVSQOLUVW]YXZWX^^UXXRRWa^OO`fha[PFONBFKJMOTTGCHLQMHCLT]cc`XVZ_]YQQW_YVURZdf`bsufTVXab_YTTFDMTYRDMOGIKQOPSRMOU_\MMSLJRY]a[USPFPZVUZWVIINC?CBIGGOUS]ieZTMZ]WLIJSSGKZ^VT[gjb]U]ikc[RDMPQTY`dddbdbbefnrk`ZXXROPNMQR[`\^T[dlg\[UNPKGILHJTgke_`\TXXZ`ab`UQIK`hgaYU]jswm_WVZPPQ[c^PKNY\TVXTPR_gqtpcWaih`SQUSSZ]_]\XPIJLNKZaZ\lpnt~xqjf^XTZ\XTOVV[]ZWWWYYSQVZ][YYZ\`^WMIRSOU]YW\ZLUfklid]__Z]]_fiaPUU^if_TPLOTVUPTUTNNQX]\SPTT\]Z_[TTONWY[[YWSPIELPRZWSRKMKRUQSUQHMTSSWWNLZXSNTY\WW^\RRSWWRW]\WWOKQKE?LQGNSNONHJFB@DBCIKGKMLQY\WSFEOQMNXXTVVUWOJ]kw~‚kQTVVUKCEPOEGU]VTXWWW_daXWZZZRKOTWK<:FRPT\WVbcXPn|pb_\XY_bb`XRMU\_]XT\]\UIR[YPUZYRMSZ]^Y[WNV\\]]YX[[[XUY[[^][ZYMMVTQYcegc]WXVWMEONGFILVTJGNKHHJQSTUUQQJGIMH?CFQTQWWRSPSTONNPNJKKTUUOLLMOQUUSXXRNQQQQ[aYPRhpi]PSVTRROKSTVPLQVTQKW[_THNNIKPXXPPRQRPQTTXWOFOWWNSWPPYYXVUPWUOKKPSSRPONRUQLAKPY_\MDNXVPLKDNZVRUPFHOOMLNKJPRLIMQMEMRIIUWVUJSRY^^fabee`[WSNTYXQMORRX]VQUVMJW[ZURJLNLU^]YYOEUNQW^edXLSTRR[_`dlk`WY]YPOYX_aeklf]\]YPU[WWTGUa\TXQ[ac`XSSQRRYaa\gstmgky‚zn`amuohld]URTVQRcibZ`gbkpgab_[WX[][\]W[]UMS\]VVTVYSGNTQKU\\_b]W^]XYZYVPUYLMZ]^^XXYNFNNLPTTQQQSSPJMTZaede^YVNQZ\ZVZdbWJIJYksjUepl^Z\]a\YRTPOT\c^QPRNKOSSQSULGOY__^YLGP]ggc[WO>FLQRONOS]\PDKNMKBGLIBRXY]]SQQSRQWULUad\XPO\\VWdpoaPOOXYZPMXeng]Y_bcfnoigpmb^XOGPKJV[ULQJZefdcYWZULCIMFG^jjedc_ZYXXVVOONQTP[fdXQV_muuocYYQGUWQKTWTWZSSZTJUYTZcghb`c_`^_]SUWSSY`^URNNKL_e]RU^`it|}tkhf__XX]XJI\infXX]ZXWNLPOQUZ^^WSZ\OPXTSXXXXXRNYflmjc_ZVYeknpk\OLU]bb_ZXUMQXUPDHIBR]bc[RIP_e[W_YWV\YUW`a]UNGNNRUX[_^YKNSZYZZZUMRWOORPORPNNJOUZ[ZSTSRR]\TX\[YPDFSTMRTPKVYZSFCHQJ@>GRTUXYPCHQT\\VYVRQUP@DMX\UHNdr~…‡€rea\SIJMSSRUTQOOZbe`Y]^ZVVZYUMIKUSRQJSWSWYX\`\TUWN^hbX\^\UX\[WTRURTZ[Z`gdVMQUSUWUXXTZ^`b`XU]aYNTQSSWXWMFU^``]WULKURNS^_cd_LQ\]UKOPKIPYZYICPOJNNIEMPTRILNPMJEINPMQSYZWUVVNJMUWQKQSLMQPOOJJNQV\]WPLMLP[e`QLZd`ULJOLRVOGPXSOQQRPROKY\ULMOIPSSUOOXXSHD?>KPOJEPVVONQNQQMSX[^VJEJQRRW\XV[\TFJMMJPVUPJEIKLMQLLLIMKNNHHGJVZZS[\XZZTWN>IDN\[\ZTMMY`[R]]U\__YNPUXSNV]VOORPUSMKOU[\WUWZVJJOPHJNSTVPNNLQYWPOVTJOTWZa_WSOU_`YXROMV``[QHDKSSQHGNSX][WQNU_aXSSMOX__[MMMPQOTfuy~}vlge\UWRMV_^WRROW]fi^UUTNHQTRSRPPJQWTSUWYWSPRSX[SRfsrcU\[[PRV[``\YPV`^agdWRQT[]RKMQZ[^deXOOPTUTSRSSVVX_^X\[Za]YQV][YVPOV]ZSS[]XS[ZSNTSPPOHGJMUUL<@QPHKPMJLNEIPTMLRVWPOOQXZUQY[QOPJLHCCKNNJEIQQPMLQOPU]]PIU]dibQGHOJ@ITSKFDHPPLRILWWIDMNOQOIIOXSLLPWRJPQONTWZXMISOIFNQTVRKMRRPPHU]ZVSPJKSXX@JTSOJIFHHOWVLBFNSSSSNKQTXSGGPVZ\[SLNMFNUSPIA_`a`be``^^X`e[PXYRU^]RQSRWTMC=MTPKRWUPHQVamg[XU^\HLQVWSFNPSUVX^^WZekdWZ]ZZb`[bjlfXTRFSddXQXZX\kmf[QXZZ\[UPNR_ig^^a^jkkw‡‹„r_dc\[\XVVUPTXX^]^geW[dggc]YXVV\__]ZZ`\POV]^Z]YLPNRKGPXZUW]\[kQQZ[VSVWLLTaf_WVZSPZ[RNVZTW^[SMUXSOVdjdUH<8@LW``\_]VVX[dpul^]_cb\RQX]ZSRLDJTYRUVSPX``]VYUJMSPMNLOTPOX\Y]WPKMRODL\WOeldZSVX[[TRRCPWPQVZacSJTW]ZH@MSQQUQPSW\ZSY`ZHN[hi]W[Zbgd^\^bedfmpf]YPQU[TMZ_`b_\hmicdfc`]QQZVMS_]LOelgXKMRTTX^_VTO[`^ZZ^^Y^o{~te[MXWNUXYMGHJPRV[WQMYbZWahg]WYXVfh^[][SKU_ZKQ]c]VLPXXVZcfs|}|tl^SX\XQT[ejlb\ZZXQLMWYSMOU\YTWQUZ_[Y[\YTPSMJNGY`eruqf\]Z[a`]WNNZ]YRT\[\^YRSLSYW[ZW^WEFQ[]T]c^LTVO@KLLHHVbaTVVRYa[UXTTTNMS\]XJEPUX^\VQFLSSSW\XQP]_[VX]_]URY[_ZNRWXMCPQRWWTPTSSPRQSVTT\YRT\fd\SSVUUX\__]VU]]^isz~ype`ZUXXVX]b\YZ\__\`]OJORQPQLU]a]THJRVXWRNMNKJVfhbblvr[T_[XRKPV\]_[Z[[Z__^ZXY`^UMQRW^diia^[PUYVRILWTNNQ\ZWVYab]UTYQU_^TU[WRMNSOLSVTNOSPPNSVUSRUSJGNSKPZXPOYXODLQPQPUOJNKOYYUSSTRQNMND8@HTQD:FOOEHKJLMKSUNIQ_hj\KJNH5>PWSMJFE@@BOUXXURRVUOQWQU[WPOSY[WXWMHOQQPKGT[SIAIOLGEQVNHPKOSSSTPIGEEMRAKMLBHLIPVYZRNLORPXZYVZYROEIMGLVYSNLMKFRXXWOPljc]VRY\a]^jndWTWPFLQIEJT\VPM<@TVLKQOHIO\af`[\[cgXKRX^`WQX[`adcZNPbnlYMUSQWZQUeqqk`\XTdcWUTW_\QYe`VNMR]\ROIBMSRMS\covpnz‚‚…}olmj``^XXZ[\ZUQUXfni`]cibZZIESVPRW\Y[UIKXYZZQLVWIKKNV`]UJOXV_TOVSPT_YOZad]OY`]ITWRFFPPMV]\VPPQSUMKOQWUNFEQW]ce^WUROOYfbYRMW\^VMX[TSXWORQU[TRNGKZ_XZ[ZWUYUNOQVZOQOLCEEKRLDKOEPWVW^\SUYVWVW[\NT[VUUZej^KS\_bZMNPOOQTWZMLRRVXYaeicZRORWQZbc[V\cloqtoc^TNUWTMU[Zbe[WbaWY`^_^UT[\YU[a\SY_\OLVX[VSQURHO^^VQ]_ZSUl|~rbRW^[XWYSPY]]RW^a`]_c^\emng`_`ZX_^[_c`VYYUOTZ]YSS[[URUcgit}€xlaW]cc\OJQVVUUWZWOB@OQKKOVYVSUS]`_Z_a`_]UKIRZT^bdmso_\```_``\XY[_\TT[^SJQZ^_fhd]URXYIHLPNScjdWUPPTXUPSZ^]_[WXME\]TQSSTNKTXTTRQNONY[XNBBGDKQQLLLGS]_b]XWW\bb\[WOSSOBCLU__MHSWTSWTPQPMRUQQUZab]SLRX\cd`]XU\VVYet}{p^]WORY^]TMPPQOSabe`XVSMHLOJHS\ZVUTTV\[OKQOOPUadUO]u{lZ__URIMUROOTWWZYP[cgbWTVUSQ[_\[[XQWcf^Z`_XRUZVJPZRHQIJT^ZRRSTKTYPGSWUPGKKPRPPQKLPW[[XVQQRRKPSNNRTPR]_ZNCMUPMOQOMQIEHPSUPMPQSSOGHMIIUTKAAJGOTJH@5GKNUSLMSTRRPGEPXXQQQQMSVTRRTOG@ALQOGPY\Z`ba^YS]_VKOYYSROMTTMPTUTPNRRUYSXZUKCM\ijaXTOT[[cgedbbb`]STVTRYY]eb^bWQVZV]]^_b]d`SORPTW\\\Z\bc\TRPELNNO]hcYVTOL[els|€x~‚~xn`[YSQRY^YNMJO[\_egopi]SKJS[_]\^a^`cfda]TNTWTQYWTVSRYY]a]UWaegc^XUZ_^\WQPXZVNC;@MSOPILOTSPRXTPRPIM[c_SQ\_WZZ^[HJSPL_h_RPSMMX\XTNX^`^VSQLKNQUV[`[QDQTOCPYRSVQMRT]c_TX]THENRY_XY^^WOVVPPPRSX\_`XYSNWWKKMWcjbY]]Y`fjid_TQS^ghff_ZTPQT[XP`kfZgjmqhpsecYLMOOQ`aYXb_Z`geUWW_fcddcUNMTX[WSNT\alnfdgdZVX\[UKOWQSciq…Ž‹~jaZRORMQXXVZ][TQX\^\RVbhd[WMRSMU^ehdaVQYXSW^dbWXUYXPXfgiou‚vf^UWWW^_^ZVLW`c`WVXUSNMRNP\a\\\TVTDISRNQVWVSW[]VYgnka_]aaadfbWLQTTSURLMSX^efa[XURQTX[`bbddWHYXX[aa]VQS\^VRZ[WQX\YXUROVXUWWVULMNT[`a\SDKY^VQXYVWRPVXYXYVTUXTW[XYYVLJS^`WMNOU]XJPR[]XTIDPWXT[ce]X\]ZXVVSZSFNX^``_jogZW[VWTRMU[YVTT[]Z[]TNWVPOOOXdfc_SORY[XWWQGIS]^PThqpg^\[SLSXXROYZ_efa\a\PNNLSYYUXa]N_fdYQZWLRTRUZTNPTN@EQPSUVTRRRPRTRVVMMY``^VJJOPNPSV^b`[X]b_QLOTSLLVTQQJLMQQPQKLNOOUMLNOPMRVQLGHNORSQMHKRSGDJTXZTNPTY\ZTIPW[]TNROJJNNLLIMLJMLNMNVSMQQQLLHCMQRUVQQNLRQLINW[YUVY^]SJQQNLJEPQIPTUNPTPQTUWTPSUTOE@JGCGFALXXUPOGGJRTRQUVTRZTKNLMHBKOKKHPZNVXa`XT`e[LWSDV]WQKQRNMNKJKNMTPOVbc[OOUVhqlc[RYdebeghbhh`WSZ_\VV\bkplh^PO^ggdgdYSZbc^[]\ZTLJOXekf_[OHMUYR[d^POSRTXcntvwxŠŒ‡za_]XSVW^_]XRN^ea`dfih]UUNTce[T]a`enpidcWV`c^VZZYVNSW_ef[PQWXRYZZ\ZSQNQROPVW\WIPORSVYVX[][SQQIOWZSO`e^SUTPOW^aZSXZUYghaYMBHORTU\ZQO\_^ZZWPVVLKV[\QWae\NQORTMNURVWTQW][[^_UJU[VX]SFOSZWTXPRUP]\OTXXULCCL[hg[RUO]eed`YZ\__]aab]QJHQKGTWWZ]\iz}ylZ_`]VDJOTXVXUSUMM]ebZVPUeib`_YUVXWY^YOJNSY`__nqfWOWWXSFQ]Y\hmy„‡qcYVRVLQ_d`_ab`YX\YUJN^a^VUNNMFLPRU\ddUNSSPT[_\WPLOP[`a_grŠ‰o_[[PYc_YX\]`cb^WQUUY^`YOXd_YUQTXRKLRVOIV^\TRSVWgrung]TPU[bgcXSQOPXXQQVVZb_YVPPRQRY]``^]^]XVRIY\_XTY[\[QTZXSLRWWSRUSRY]^^XUSRQLORSYXGJUQX]XOGFKPMS\_YWSRSNOSSTQMMKO^_[SSTVWSLG@KECNWWTRTROOPMSTJU]``\WONUQRYUQGIQTTWYUPWVCBQXXPLSWXWVZ\UNQMGLOPRZ\[TRQKTZ[]YVSNDDNQPWVQQKPSSUQFPSUUVQMHAHKI@JUVRNMLU[``bda^cc\UU[]^ZOV\WX^XQJONLSdkm`SZ]bljWX_]ZRQ[erxrdYYYWUOOV]acedXTUY\cgjk`[\`jkd`^XURTVQS^hi`QTWOJHSXahe\^YVQNVcmsnutzyl^[`][V\`YOJX[UTZa]OMafieY\dXNMS\dhfaTNTWVXUYWZ]^d\UQNKLNZ][V_`\]]WVWGHU\WQU[ZSZ`\\]a[PPTYQVXOSIP_[RSVSQQSZ\YVOQW^hkcXXRQRSSMTUUZRT_^TV[`]_^MPYRWbaXU\ZQJJOSHFKPP[\XSYTNSMOXXM@HQTPCHUYWUZ[SKMNQQSX[YSWa^^]TSVW[RRWX`b_]X[_\XQNQ]iid\Zcp|~sfaZ[YWSP\dd`]\^\QZgcWXYW]]aagmleebZVVRRTPFO\kvscRWXXVIHPXdid]`iz‡„wfb_]ZVXXVZabdb^]TSXVW]`dc__ceb\QHQWXVY\VQW[WX\c[JNQTRPPV[r€{fY[^^U\a[Zab\UPWVVWWQOSX\ZTSVSOBTZSS^ed_UKH@SPHJM^priWSYY[^XX^]UMSUVUW[^ZRRUWOHPSPY[QMPXcieb]WXWUZ\WNKKLSQPOEELMLMOMW\[QFEJT[WKFFJOWXFIONSSRVZZXTYTRbe\TLJXUNMPQRXVRRPQPMLUTTXWNOKNRUX^TU`[U[UKR\^^[XQGLVRSRZcioph_aYU_dc[XWY[N?KQMDDJMRFKTPMLLY^]XNNKJSXYXSRPW_\WX]ffZVXY`a`_ZTVWY_`]Y[_``\\Y^]_a[SP]^X][^[TUZ\acYQU]_[\YUSY_^XY[__aa]VROVVX_`]]\PZedZY^]b_\YT\]UJ>CRWREAFOXVVYZOOORUUQMCBCFLMQPIPUTU]ZQVSGITSPGLMKC>HIJR]]SMS^`TTVPIMB:?FPLLVUQKHHPSEBX[YXVOFEMQUYYJ@U\XVTSROPIGMQSNCHOUXWVXWRPTPHMUMRYZPKONMSWWUPJSKB?KNQPG?KPQKQSMP[bb\XZVUSLHFJWWRSVOMOVVS[Z[YYVVX[]Z[ZWWYTT\\J9>INPQZ^\dnokpleggb\^ZVYgldUYZYYSO]`_bdc`[\YWdqwurdNPXbf\MT[[QYaYYZVX_hkiXKGNV[^acc[LNPQ\bhjq{ytrwtla`WNVYeaUJNRKKNST[[Wahg]Z[YVWa`WVTVWUT[^VRVW\^bjfREPTKSVX[WVS[a]XVPU`e`QWc_SQVY]a]VIHPUPOSMTSRV\``[[XRRVWRWZRDIgvxmQFGJNSPOUXUREGUYRSVQPYUPYYXVSWSQUPQQKV]WWROX`^]YRMUVPU[ZJGRVZRDAOWTLAEEELRRS^hjbafcXVRVYX\[WWGFNakg`]TRPIPURX]dc]fu{re_b\UOUWTX_[SRZ^ZPV_ae`W\Z_ddhg_bdc_W[ZWTOUZ_\djcVONRONVWUVZWVZn‚Œ‰yhhlgWRZWVX\_]]eaQNRUX_dkok^WZ]`TPQUYUMQTXYY_ZYVLNW\[W`eefnsnc^`_V]^TV[]VVNPX\YWUSQX\XHHVRNMY^Z\``^XNJPNKPPUSMTYacVRUY\UN\ffWOLO\_XY^\WTWSIVUPZ_YT[[XRWZXPPSVY_e_YSMOQQE@MRFHHIQOTZ]YSS]bcWLMPSRSOMPOOPTVY[UOONNX[XYYPMOLKNVWTWYTMMWZMOQKWZSTRV[Y[a\SZXV]ZLEPXWXWXSJSQGNXahechbTRYZZYWWYV`^VZ\YTMQZ\ZTPFMPMV`dc_WQSPWZVUGAKUWQNOTRVXUbe`Z^ZVNLFPad^U]eehgaYb^_\WUU[UR[Y\YZY[WUXY[_ea\WSRRZYW[ZZXTY[SQVSTN_eZU^_add]YYX[\XVTVURLJSXYTNHEFQOLQRPUUOSURPHFOPRSQQLDLSPXbYTSC4LXVMMMGFDJIBMSXYZX`e`^``_\RA<B:?NOIIWREWdc[[ac[YRGOOWZRPVPSTUO?Qa\RWYSPYYWWWVVWSY\^YJDPTURSZZftxng_^fea[Y^VK[ij\FN_i`JO[ZZXZ]YR_^cjrvvq]SS`hdTHOWUO`_[WUV]lsndTLHV[\_`\ZLKYWS[ekr{‚|oprrrj_XZ[YUUYVJSYWOMQV\baZYWVZX]a]\RIT\VSXVQTW]Y[gd][]_VYZPOUW\W^`]TQQWb`ZVZb^MSYVUY[ZROLMTVTJM_]US]`^ZY[TY]XOONPU]owsbLNQOSZ_b`\ZVQRZST[TJKKHW^^VIT[RLQRVRTXZZYTUSX]]YPQTNHQUNMV^_ZTMOY`\TPOUV[WTT\e_X[]YPGFMDAN]\NNV]ghgi^SYUT[]RETacortmZ\]PTZXZVW[b]ST]`YLPY\UP[X[^^eg_\``db^ZPICMY```lrqe[USOQUSNORQXfy‰Šzf_WL]a_YSTZ]bkmeZVOSUY`kmf]VPX_^WSY[RUZYV[[RMQOHAP_\TbinxƒzaRPKR`gidaaecXQKMHPYVX_^R@HGDEOY_\[YVPGBCBCHLUY\TQ`hgc^^\VXZae^XXQ[aXPRTTTVWW[Z]daUBNZYVXWSVQHCOTid_VNQUPFGS_YNJKPYW[^[SRSV\VJLPTTNPSOINWXYWQJNQKFPWSTSTVKFIGLXYWY]ZOENNIMOUWTWSQX__][VVXUVQNFIIORRTXQU[RENQ]ffifUP[]NRSRZUZ\OLQRXYTTZba[NPVSQU\_[WPL?CR[\UOXVTWUQXZYWV`fc_^\XHBVXX]YNQ]fihfba```\[Z[\X[ZX\]YTXgj_VXdbYOH>LUKKVY^XLMTW[[\]\a[Y[VV\]YMKQMPZb`]ZWSIP_[PPRHEOQOOKGJOKPSTOLNXTKRUOQOKLIKNPGIJFCQWOIGIGJLNNRSNKU[cha\TSY_^MAGJPNOMF@IPVTRRRQNOTRX][VPIPYXSMFO[YNDFIHJLRROGLMFGUQX[]YLCHJJVVGBOUQNMNZYWPQQNLG?CINNE9FJRUQJS]dcdc`\WQSPJISRKRQHTXUSSZ[RTTNZfg_YSZ`_^[ZRMGPUUWZXTV_swn`TX_^XV[WMJMY^\VXgkh\ILOORRWcbXagimvywmZRYbe[KKQQSVWUWYX^emh[YOT[^^\a^SUUVUOK]gnuttwwx~‚yddaWWc`WXSU\^ccYQ`id\QPZ``[Yahg\ZZVPVZ[[\_ZVZYW^b\W[YXSQV[\^ZWYV]`b`XWY[ZMOOWUT]a_\\WSTTPNSVPOTZZSPPPT[YRGEDPRYdded_VVRV`hf^\YOW]YTU\XQQRWXRNMT\XQOLOJIIQYXRDFQRPTPRZWTQNBFS^]TU[[^_VMLMWZWXZZW[UT_`[RNL>DHRPHEEKKNQSX[WMGJP]\YXVTWa`TFHIJJMKINOMMT[YLIQVX\_ZRKRUMQQSQPU[XOJQLGHOORTPLA9NUTWTRKIRUKQZSKJU^eebSXZZVRLLRKKRQHD>BJTUKGPW_ee^WQSQTOMQNHGONRST][T_c^UVZfiZLNM`d]^^TMPKNS^b]\\^pskZQIW[WORRLT[UVY_[bmh\VKHIOWTW\Y_knhp{zo]NR^d\YWVVMHLZfbX[_\]_`TJR\aZUVNOVY\\XV]fllelpquz„rfjgcdcTKRQUW`d`T]fa]ZMS\^TPYejeagfmpgZTU[]_Y[]WMSV\ZWXSPTT]_`[S^iqsjXV]]WNHKTTTPSUVUOLQNMUSPSWVQNRNOS]TPX`_WPOTT\gjbVMNQYZVVOGR\_VQW\VMNSWPICJTRMNQRLJKKSXYTKMNKTNZce_UHIFEQYTOVaheUFNMOVXSNWXTWVYYWMKV[RNU`cchhcUSdkf]QRS[daUX^_r|wkZJV]^SIPXYZ]^`bZVei]V[\VagdUTX[]bb_Y[ZejfYGFPccfnppj^STTU\`\ZTMUZ^sƒŠl\[VPZfji]]_\fkklha]`_bdaZYZ[]VWWTV`d^UNRVUTSSRUXV__^_]cmiml`[][YZY\ZS]gc[ONUWNPLLVZRNR\`WQV^\TTTTUVTPKUUSS]aa`ionkd]YYPPVTVUVW_^WPQSSSYab^YX]XSRPRUT\]RTVPQWWXSKPV_`WGGLJOPTZZWVXXTUWPGFKUZ\YVRTQQQPPQMHLQQUVTQTTINPVWRNRX[[WLECJTW\ZYSSTTPRMLQSSPOSVQOV_caYZWRLLRYWMJU[hsxvlWPTUQBO_aZSVQPOXRLMWYROTQOOT[]SRUXPLV^YTOUUTURV_fjibXWUTTQMOZ\bec`SKKV^`\]gjkmond]YZ\[XYmkmphd_YROV_nphZLJQV[\YRSV\]Y\WQUZUQY[_b^ZWQV\_[UU[^[VUKO[VMP[[RNCKQY]XUPRY[UMMWbYKRUTXVTTRQKT[RFLUTPTRNOPPQS[WVUMM[b_\]]WU\XLEIHIR[YVSPOX\[VROLQRYZXJEJC?LRYZRRYYW[^dg]NMMU[PCPJKVTLTdnlhifhke_\[VSMTWTMNX[ST_bekh_VUJQWTWTSXfmmkny}vi]RR_jnkaZ\YLJRSVdkheheVOKI^dUJIFQKLU]UT\decdr{zrry{vnqpgXQTXOFRZ\YSVc`YPNLQY^[RT^^^^_r|ylXS\be`Za_RRX\[LGQSSRV\b_T[hv}xgVVUVTLJQQSPKPZd`MPTMW\WKLNKILMWZWYWYgjaTMSTVWSNPTSPTVUXSJQ^`ZSSWZWUPY]WNMTZ[TVZTNXXY[b`UWXY_bZTTRQMFIQIOTTSUbbYFQJCQZ][SNMQURNSNJO[`UTZ[[^_\\cghc_a`_^be`OU_gtwma\V[dcWKJQXWYbe^WXac[Y^YdidaTVSVT\cc_Z`jh[FJWhnhemonjd``_XTMOTTX\`bqƒ‡~qjfbcfhi`Z[^djhb`\\a_dia\[Y[_`]WZ][XVYZUOX`YMNh`^\bhnlaYdquj]]^YVUU]XUVXSLKRVRNVRPU\[SJSTVUWVOLPOSVRTVXWLMPSX`b`_gi]QURKQSZ[]_`aYLMVURVUW\\\^[RMIKVVPVVOJOX\VRVTUX]]WRQJSSNKJKEMRVPQRPXYH@MRNJQ]^Z]VRQOMMRUVVYYXZX[`aWQOPSWacZSSMN`gf`Y[UMNRRHHQUUUUVVTNS[a_]ZRLOOQRVTQV\irxuiX[^YVUTVTUccYY^VSXYXPSRNNSTTabYYTQSV_ba_VPMSNTagigc\_df\RQRW\SSYabYQX_abaa__]hpl`_hc_a^VpfjjhgYMMMQ`hllf`WT\]QKRQU^\Z^Zafc[RVYXYVSLW]baSSX[YSSSVZUOQUUSOJLQRXXT[_]ZUH>R]\HFORPPTRMGIMWVLIOPNOSRMMJIPUZXSMGKT[`^a]XWP=AGKIHV``WRORXSJOSJDR[_[RF?HMVXPLLJVWJ=ETVY_`XPJHLNIJLKEJPXYXNGOOPRTWZXWYUHDMQNOURICOJC>?FMSVUOG@HIINLOSXQKSTTQOQIGONIEFTQ]ff`[ba\MGIINUY_RHBUc`WQUPHTWUP]TPPSLMY^c`]\clrlZRTZ[YX\ZPQVYSNTX[bfadaWRbf_SSWZY^hi_[djpttj_]aajlia\\XWZ_birpjeddc]VXVKSWSSYYLHHDFCCT]bfp}}oiw€|l\SQQW[UKIPY\[UX`][UR\]\d^UUV^[JRerslaYcd_\]]ZTWac`\YSXRRU]\^bhtytqtqlb[YWYVUHObmmhXUTWX\^WUVVTXYTMJTQRZXTV\__\TNMNXdbTKGHQPRWTQRSSTTTPMMTZ\ZUVUUT_eec]\RSTKXbe]SSQMMLJAGROQWWS]ij[NWVX]]RLSZ^XRLSRNXcd^WRFU]]^lpbMQ[ejcjvucR\blvvpd\\[YVVVVSQZ_Y\^]YWPVUR`eb]TP=LPMNP[\fmpmdbffa`[YeuwkULTXZ[]]ZRNR\[g{‚vfZ`b_bcXYZVQTSUQWZ_cdZ\^\UGQ[_[Y\TMQRWZTNPST]fkfZaike^fousgSZaaOKVWUNUWS``ZHKVPKSTU[`VDJTT[gh]MSKJHGUVY_]WVWPVdjjj`SU[[Z[WPJXb][YWRRFAQVQPYXVWUPZ_VVSQWYULJNJPILSRKKHJQOIKJOUVSKOTOQSWWOJTXQYbaZQQTTTVVOOOLMUSMRTSPKHW```[V[]\VVYVKCMMSMGLI@@KRT[_c]KQUPGDLTPPTYRRUSRU_g^btxn^YVPUYXSRVRLKQMKNPNKNS^_XGHMSZXWZ^`WWZUHRVW^]ZTZfg]`gb^\\TPNW]TU_fc`NM[^[[VVYZ_ec[[enfY[a_ba_[Z\TRXXWX^d_[\ad^_\\YPNLTX\VRUW_fe^ZYVNOU]`YWUPKMEAHJPYTJTZTGIICIMDJTYYYURWWWTPPLDAMPKBEKOKPLJNOJQSNX]XRNORSV\][\\UTSGEOBDKOSWOOKDFOKCCJNTWWRGGNHNUPGEJNMU[XXSIHILROKLTZZL=FROOTOIEHMLLMNMFPURUQIJEQSPQQOEKSWXXSG;JNPQSYaccd`\_]ZVQQNUYRNRL@KRPXZZ[]^TLU]XSQOPJTbiibUX]ab[MGLTURXYRKQZ]STXV_c^_hidb`YYaecVN\ec_dszywqg`VZfjb[VXUSSUUP^jh_WX`[Zc_NSWY_dd\PKGIXZTXb_er||{x„†}g^^[Z^\XPIObbQZhdTUW^`dnjWDLRWUT_hjif]^a^^^]YWVWbgaSIUYRMOZaXTYajllornh^UYYWTSMPXjzwfUSUW_[RUXTGSZVSV]ed]VRPWZ\YRLVeg`Z[\YQS[\[UPWXQSUWSSY^]^XTPRPO^dfhe[ME=P[]WVZYSKIMOGJMS[]UK[dcWUXWVUSUQKW\XSRTOPYXY_ZFJUXejf^RMRfmhYXa]OQZ`jmnpnf[\TTXQKPOV\`WQTVTMMKQY\YW[^OMCPKOS_kpsphkjghaU\djlcMKNVWUY]ZSQX[]ansxpabc]fhe_ZQPQRQW__agkhbb]UVVQSVXY\VVRNSXWTMT\cgfdcfmolajuzt_Oce_RJKMOZhd^`^SJSPLQVVV\ZKM]^YdkaNGKPTOQRTWZYUXVOX_ficYRU^a\TWZYcgcWUVXUOONEMULMZ]WOTWXXMPVUORTTTVCL\YVTPQSLIJR]a]YRUX[W\b_\ZTKALVXVZWVZXSIOOKLTUMMUTYZPRZ_\Z\abYVUQNRU\UPTJGKKAELTWTZ^VCGNFAJGHIOXVYROPLS`^Wfssj`ZVXUSSPLOPHGRVRHHMWXX_]P@BQYVUbf_ORY\VJLQPRMMR_ea_cb_ZY[WNNUOO`aZZTJV]]UQWa]`ed^aehjfXTcdgkf^`a][]ZW[YXX\\`]RKV]YRTNCGSUXSCT^`[URNNTYZYUUTTOKKNNMSNBHTQPTRHHTSLKMRNRS_UVRH@DHB@FEANTSKJPLNOJOSRRZ__^UOSYXMDFTTMNJJLGBKQLOQINUOCFB>KPQI@KQNMKLQNAKSUIHURML<8AGJMOLMSNHDKWXPRQJF@MNLRTSFENPUVQOPLDJHKEDDFLPSPDGKPNQ]^ZTY_]RRQJLQTLNQKBHFLKHM\ca_VORYXW_`ZPKMS`jkdWZ\\]RMOQXZXXOJGMOPZc^XY\^fjkg`PH\cYLMR^gflllqrrpkfckiaZZSGINMMJZdjbTNSQXhjXLT`bb`UQXWNZf_[ch]dv‡‹„xzmda[XUUVWWRT\\O`lk[TVY[[il_RYWY]_bhdcid``^]`d_ZRQ`_ZNLMTXLOZ]\[][Zbkpmmrqg\RNQLMMAEgqeXQJISTSMSTNV]Y]c_^dbZRUW\\XYV[jql^^^XQPZbVTQNIN[_]Z[X]__XX[VRPRV]gmj`PJPUVPS\bbWFFILQ[_`^UCVa``_^\YUUOODFLW\UTTXXRQVYWP[RVc]QPLH\hkcXRJO[VWajknqtupcUXY\VJLcmgYT[[YPX_\X^aUVYJFVYTRSUfpsolffd\X]_csthXWYPOXXTOQZ^^issyxmf^^b`W[USYXZYP^c\\injd^ZX^ZLEJTUPPQQLPSSVW^c^[WU[hnlkdnutfW_c[VTNTW^dc][ZSRMRVZ]WNWeaYX^YUZWNHINT[SLJOPNR[`bb_[Z`fe]\Z\]ZYWUZ^URWWPTVRIPU]aVSTXSOV^YVTKAMZWUTRBQVX[YVSPLJKRZYVUXVYVUWTV]TFDHNNRZ``XKQPNMRWVUSOTVRTQNMNNPY]^WVTOPUTSSQTQOSMDLTRTLOVULMOMCJNHGK\bd]UTFEQ[cjjok[RTWXYYVSVWTGGOOKLMTUROQPPJMW[UZd`XVXY[SIOUQSQZa_ZOV[\XY[Z__]TMUXSRVYVV]ZR\daUPV]djjrtlgcb`cdXZeggda\YSU]bc_[PINPVUWVROFRV^YOKLVVWRRRUSJJNPOTVRCDTTSPTLKP[]STTQMBNVRIXedZSWTKOXYOKW[[\_dc^erwm_XYL@PROQR[`b^_dgfa_e^YbUZWZ^\YagpwviYX_edZUWQOUTQSF?GRMIKORRVUZ]WIKOPOOPV_`ioe[VSdmoh][[WUXSPTXTI>KRU^^SHLQX[Y]bd_ZOQURPOQSSWNNQQEGcg`UPQOOTQIBNRQMMMMOPUUNPRLGKcqiYW]a]^c_OLV^mqm`\ZYQXnsk]XN_kc[[YMPTX^pwo]LBP\acd]^YLM_acdmkb[RV]a[Wbb[[]]chptmkg]X\VKNOKTYWQ\iv€‚ztna\VPOPVZ^^RKMKN]cemne`^YWIKSVYWRQRW]bVNQOY_]Y\]jpqtyqonffiga^ZYVW[UT\]TMNQPTUYWNHISVSPT^`V`dZMSOEA@JSTNMO\a\RRRTWXVQMKRXY_\UY`a[UKLV_YG^ifXUaicWWOHQOQKGPX\XLSYW\YPOTSPMSTORWTSVXSHMUW[UQR^c[LJNOIMT[\SMVNJTZ[ZWTU_b_\[ORVX_`YVPMFBOTSMPTTV_`SPVJ>KKPa_QKILMPJHLGDHO[dq‚w_V\_a`^YTNKLRQSZZUMLPXXTPPQVTX\]\YTUONOQ\`a_ZMHNSQNO\ihjgb]df][XRN\\^_[]`ddTMWilimogcd`XQZd[^^Z[ajrpg^ORYdhe`ZZ\YZV\]^[PQW^\WUSQMFOSOTUUVUTTX^^XUVOLR[`]UGEJNMLIOKNUUWZUUQK@BMMJMRQMJKNSQQPTZ`[W[WNLKLQIMPOUU[\[WUSQMQUTMELQKR[`^ZTTNHKGML?CHNTYXSI;GRWVVRQUNGILKMKHQNBEMV[`^SMNRYZXRIDFJR\[MIMOKFHNOGCCDCBIMMIQVROYYVRLOYbdc`VMPUXVSJHKN^c^URJKIMUWU^a]\[TNLRXWSPMOONNNOV[WKLNMPW\ZZWQGEOZ_]ZQQSPLU\[NQQSNGKUVPZ^XNIKNXbdjsxwmSHKP]_`gnmdZU[[ZgmeRKQSURV[ZVMNVWPSXX_`XOVTOORNU\^\`_\aif[Vab_[QRUdgc^XWSTO_hijic\dkllnmidbgfdYZ\fppffp{|rig]TT]cd`YRTURUdddd^\[WTPRVXVOLOZef\Y`c]MP\_a]VUTWPIIGG>FLMX_XTZZZWRKOMMIKPQVY^YQSVOLQQLHHRTVVPJKJ[fd^]_TLRRFOYVF?KTSOVXUSNKLKPTXOHRY^^OLOPPRVILHFRUPPOLKPR[YQWYWTTTQOKPPFFLOVXQV[XKHNNRRQPNQTRUSKDGKLPOOLSYZZYWYN9AFHGCFLHMPWUWRLSZYPMTSR\]VYXUPQX]ZY^`cmpofUSTLGPcnmdRTON\\[]\OITWTVRIHHMOT^\^ghddbr}zwpcYVSSae]TJRW\ZQIXbgmlh[NNVQUWWVSKISSJYd`ZVWYZ\ev†ˆ~hYTOYYWabaeiedcbdc\[a_SKSZanwvmede_UNR\ba_WWemjea[]_aa]WY[XXUWY_bYVZ[_bbnz|rdRLJPKKOY\`ed]VUYSHPVPR__ZXUSlu|taGKTXYXUPJQ_luraX]fhf^OL[YLPSX[QFIOP]`YPH>DP[a]SPR^^MFURSTQPV^^TQX``VQX]^\SJMWa_]UQa[RMMVWTY\SQXgg]T`c`WNNQTUX]kssmotttphcheTLVV[\WWZ\^_XCLch]\WQQQb`_^YSSPMR_e_ahlfRTakrnd_X`jgebgig_V^hv€s[NDMPMX[^^QEEGURT`ekrqbYZVURDGTWPLXXTTQUSNQXWSYZfqz}vg\\YR]d]QNPSYT[ZPLOJUYXRHFKQSUSQPJCJNXZYXRRYW]b]SNMOLZ^Y^eaVYehaV[^QFS_eaTMSNIRVPVUS[f_X_gh`RTZ]`\UYYZTIQZZ[WYWWXRW[XNFS\VT[[WOPaa]XTPPMOSV]ffaZLIIMUXUPNMKMMSUXY\TMMKNQRUSSVRKOSY`bZNPXXVUKLOQWXRJJUZTPKMSUSSZ`fks|ykUU_jicfikhd_\SMdmj^UOCNORTQPJAOXUY]\XVPER\XVVLRZ\`][YTY`^Y^d\YPLMVa\XVTT\\`cmrpjacccdnlkg_dmgjighhghkkimmkhcVQWQOSZ\cf[S[c_ce`YUXVWabYSPNWhmh[SVUUVUVZ]]`]\VNEHHBMPIOW[ZZUOORROPVRJTPIT[YQIONMTSMFMT^de[INLGScdXWIFLOLOYbaXTX[XWUQQH=BEEHQQPONPOJGS\RMX``VILNQXSNMGMXZUSY]^^ZM7?EC@HPNRTOJKW]ZXRLPOSJJSTVSLGMLNJKLINX[UNLUWUPGHTVMC:CFLWJTZ^`^VPNLNY^RU[[^_^]_becVYclhXNHMSMO_b_QEM[eaXMU[[[[UNPMOUTWSS]^]UZ^ehntv_TZ^_hdYMPMLVZZ\]^fjmeTOUNHTXVOKORONZ`d`VPRUT]hqs}ˆ†taWXVSLTX_ffabda``[Z`VOOMMUcqrne^`XOU]__ce^WW`edd[W\YW[TZ]ZV[URW]YWWYSaacimnogYNJEKTZ\acbdd_VXNGT[VY\WVPFawzwoeYNQOSOKIIMNYkupf\U[`XNUa]SQWW]\UTWTQWXVMELKSWYTTMW^\VOTLNVYTZe\RTUXXRQOQ_aRHYfgc]TV\b]QRYROV[[RS[SPX_^UONWWLZ^Zcggikc^fcdhmbZQSTYQMX^a^TWNV`YWa`\`\XZ^d^VRJSbiaX^hiaWbmz|oeb\ehib]gpo_[bl{…ˆ{g\QRR]^ZZTHABIOV\YKFNLIBISXUQJO\\Yr}wkacjh]^_ckkg`]UUcif`\LKPRUVVPKSYQSYUXTXRQ^dbZMIOW``\_cZQ[^`a]TENYZ_\OQWU_c`V^imlhih^glojgacfkgddnne_cnlab`jmaR[^ZZVY^jb[^_[KQ`^RY[S]\RNXYUZa][WTQRRS\bhia\\TMLKMLVXMIMIJTQKLMPRCLRGKUMISXSKLMONNOIHGTeie\XYSNZeeZIFNKGT[`b_^YVYTSLFLHJIHJGOTUVUMOW]][N?QVLFKMNWYUTV]YWWONWY]VLESZVMHKLJMQSQGPUVPNPNUYXWUORSROKQVTMLQSVTNWZ_`\TKCMTWUGFF>SQP[_[RXVNNKT__YMO]aa^YV\ZLKP[b`ZSNROJOXa\OGT_a^VTX^bZKEHGJWUMGAKW\QQRW_gouwzu_OSVcfaWUSLQSWXSXXY`^WNKBLYWTMFJPPOLLU[YURMMR]fiu€‡…w^ORRNPUXZeh`[[\Xab`^SLROJVXWagh_WUWVRWWbjj^URZ__\]``\bic\SMPU_]XWYXPW_djafwym\W[\[\\_ba]^[OKE>IRPGOTTUVbnriWR[^]XQNTUXQPW\fijeXVcegkg^WVW[dg_WVUPMNPQONSTQOTPJZee]TUWRX[[[aaXVUSRQOPOR`^RN_h`XVWXW`WXZWRT`bZT`_YZ^[]YZ\X^XVOOOPSOWTShtwnh`]USVZWW_eaVQNIW\[a_\WWRURVXUPEL\fb]Y^a]W[kz‚}tqeTXTRGK_kiXXdq‡‘Žwadcdij[OEBLMUb`WW]bgwyn_Z[dcecZQLQQKOO[_\Ybd^ZYUSdtrnnmh[`gaXafea_ZYYZZURQLU[YQLMKNOQYYV[WXYTVRJT]XKX^_ZXWNLXa`XSY[WYbec[RTW\YU[X\]VV`e^__YYTJT^^]VYYRNLOT[W[VW^XRROPQPMRWVTORRISVVZ][[YQLMNQJ@KPPKRX^[SQSQPLJQVL=IPLKLJJOTYWOPKFIKMHRXOKTYUR\^XNLGKMADNKHV`VF^b\SLVc^UKKLY]\Z]_SOTW[dnrx{~‡ˆ}j^WUQQX```[Wdd_^b_a``fhmlca`mwwnUR]WRXfkggbb^UNVWSWXWZafa^dgaRFXa_WVTTXYTR_putumdXV\``YZXQUUZbZLN^fe\Wdml`VZZLPX_YT][X]\WN[iiaafgkmhc^\TONU[^]Z\XMQORU^dd]_]ROaki^a^WTVY^`\LKPJMTRPX[\ZWRILUZU^cdc]]ceb`a___`dga]YUHGMSdqrh^[W[_gg]W]ehnpqk]X[bieUY`_VU]`\U[]YVW[TOU__\UNRR]]X\_ZNUimdpxvlfZYTJRfw|q^guwseTUX[_goofa^]`]XTWabo}|pa^[XQOY^ZSNTNEECKUYWUdopoopsxuh\TRUYZZUOS]`\RR\hd\VUV\WRNFJRQSURT\XOVSDKSMKXTFZfdURSVWPRYZXUVTX`_`baXPTVX\b`XMOZ_a]SKLOW[adZNYYX]_\YPQRQR_`\\UIILLORGRXVPHLKNLKMOOLMUWSY`WNPXXZ^XMS\WSRTTTRNQTRIKKEO[\PGKPMINRSYZUJOXZNKUMJKMMJDJNQK>IHDFIFGIQadju|qdcc]]^VVZcgdcii]MGKPQOFGNURLW]WKIQVUNT^bb_WV]aeh^OQ[]\__^\ROUZXUQ[`]d`iokie_aadhe\[\V^bc`bmoqlpmkhjgehfgfbfkh`USQLNRUTNOWRKNXZXQHLPWYUMLJLPRSJCSTPPQTRNLPRUSUXXVWVQKIDFIDLNLILTTHEMOOMMSVUNEPSQUZUQPPOQRQLRQQ[[YPCDOVXTKVc^LHOUNGQNHIMVMAKMMPSSROK?OSNN\a]VVRIMJKWYZRAITRSOLTVWTWXTQQPOOLQQVVTOIIKMRSQRSOLPOF>IJHOVURKRNS]]WOMEFMOI?AELUMKHEOW[YTQSLM\c_YZTPT]dd_Z\]WLKV][YYWX\ckg`\ROVWU[b_af]QQWYVOMLLKUWQRR`luurvzp\T\fkfXOOPXQ@JSS[e\GT`]YYOW_\YWVNLRWY`^YQ\^dtyvntƒŠ‡{n`]^_dkaXZUYda^cediec`^`]WXU_mkea[MRW`e`]]TTLGXbca\PU_geZXbhdTOJKORQTPQY^ciknw|veZ\ce`ZQKIKXWJCP[bfa`ff^X^aZOXZRNTUT\^]ZOZ_\XZeqzypb]\ZQPSTUY[QFQMDTcd`Z[aZUZbd^_\UQPW[bd[RICDINYdhb^_UQST[^_ckkh_[V^bfcc[]be_Z]XSSXRXfle\SNQVZ]ZU_a[YjsqgXekjeXQLVZX^aZSW_^VTTOKOV[VSYWSWZX\aX[bhe`X]hnohYTZaeq}{qoouwkWSVRVVeljf_XZ[YPR[ajw~|oYVSY]]UY^YSMGRWQPNKG[mropvt~€xgZKKQ\^ZROZb]XZejg_\VGRZXVRNGLT``USQITQKSURKMLKXfh]VZ^ZPTVUSQKER]YPY_[ZZWW]^YPQLLamiXRY[TX]]VT\YSTWUIP]`Y[\QQ[VHDIKRTQSUUTPOMPMMOPYXQSUUMOVUUQBKW[VRUUQLJCONGA>EHHKLOVVKCMWWMJKPVRMPLMWUELOGEHSVUVSJD<@HNTQMGHJaqvyzuj^XUQS\^dgdYZiuq^OUZ\ZPU_WVYZ_\ROQRUW[`bea[WahmkdULSV][SW^\X^b_`\UU\_W`pnjjdZchhfbdc^^efa_egimoifdfeffb^`Z_gihdVMOJHQWOZaXNMV\\Z[VSRRSNDCHLNQNEHLMOQOICNTTSQQ\]VMSSVSQWXRIPVNIJOPQRGOPLBOXSHPUSUZ[TMLKJPPFKOPY_YMCITVWQNPQNEGLSVOLJKNSZUHKQUURUOIEMX\Y[]_\XSRKFJDISXZRKRVURDNUUVOJLGDCLVZXPGOQTMINJLLQRSRUYUNLLQW\^]ZUOQT[``WB=?JQQLJABQXPLOY\\TU[af_RW\WYZWSZa]YX]bYNPTX[[\]a\VYahiaRKPZbdd^]SMSP]jeWLQU[]VRSXepxvx|zs]Lern_X]`aXNDLNU[YONU_a]TB?LOV_cWJRSVbf^VWXfqrim~…‹ˆƒ|qdeilnh`YX\`_]Z[`a^ZYWRMNV`npplfb^__bbaa\_]LNUW\\VTafb][__XTTRX[]VSTVY_]_]br}zi[bgg`XWX[\YTHGUYcf][^^XUZ^aXOIMTNGU\`_UPTW[TXiv{ujed]UQJT[^[QPZVGIY]VY_df^UZa\TVKMV[YTQ[TNNURQX__^\`[RSLNTX`mupg]RLZcehdaZ_`adcXYYSUW\a_YZWYXTUROORjyyc[bkkhdVN\c]^ii`W^d]MOSLEXXYZcb[VVVZ\QW]^\^edcglldZ`fedlkqzzqpvn`\VX\VT\YY^^WRSSMMUdgr€}nWSZaa]SWZZYYYZZWROMPftvz|vuypfaVIUZ\\ZY^hhYTZadd_VMOVUV\XHHWce^Y[\^\NQSSQULHRZ_^Y[a_UUVQDCF=?MTX\]^c_YU]^WNX[X]fi_FKXSFOYUSVZYX\YNT]`TRURPWTLMMNRNHJSYWWRMHFNY]^]SNTWWQQRMOLTW\\PLOPOPNOVRPNNPRRX\]ULHOVYWNLNSNPVQIPZZTRNHBINQTROEQQNYd^WMMR\iuyuprpeVOP`issnidabfdXXVU[YV\ZQQSUXTS[XUTSV[_^W]blrpjebbVDNZcef_]`ZW_ZRWabelgdjfbdg^\agicac`^abdeanypgfeb\]bghe`_cjdVNUVZ]VZddWMMU_`^WLONGKJOTWPFJGHQTMIVWQSVSTUNNOUYUVTUMT[ZSLSTICEORSPPSQJJQPBBIPQPVSOLIANWSLLLQOSRKKSSQW[ZZZOECBO]^UBLUMJVYXRPILNRW[\ab_]YXTVVPSIUW[`]VWTRUWRMROJF@KNKMOW[XUGESZWQPIJJKIKNMRXVRSPWZ\[][RQNCT_`WGHJOMHLKCDJ\VOPUVZ]_cecZRKMOV\ZZ^[XT_e\LKKM[\Y[]``_\`\VZUPSSZZRKEPVSestdNLPZ^V[ZVUVbrvx€uWOae^YYTLKEHKOQOLQPW]_YRUIEMIX`^YYXMU`]QFLY^^`fr}‡‹†ƒzk`gjqri^YUSPECFMZa`_YXXWTW_ltpf^QPahhbca]__VMOURXZehh^RSROTWXRU[[ZQOOPUWPTWbnsvtk_]`aWSX[\WQPLSR_a`_\VX]XWYXQMRQEKV^daWUWVS[ZU_himmi^RTJGS^c[V]]M>NRRV^bcd]NYVITPFU\XOLMORV\YZcec]RX_]URKPVXjpj^TMMW\V^b`]gg\XSQSXWXakri^QRUYRVXUWdrzzsda_dhrtfY]ihfcca^[__MKPZ[XYZX]^[UTW_XRXWOIO`gb`hlhga^a_Y_itwqmtujY^\`^RPTU^cc`XOMRO]gm}ƒ}lYY^ZY[Z\VYbbZMRTRVU]mrtuxxwp`\YSMTZ`_ZXgni^VQT^]UPZ][RQRKQUZadcaYZ^XY^\T\^[]_TOUXXYTU]`ON[SKQVY]Z__[TOY\VJO`\TU]a\[\`VCPVUMEDKVYNPPWXTYaLSOLRRSSIKRXVSOHEEIO]`ZPALURPNMOW\ZXY]Z\[YUQIFKONOSSMLTSRWWQOPPQRRMKCKWUS\ceXRVQH@DLPUVNLSOT[WTMDW\hottolljbTFTdntohfd`\WXUW\^]TK?GRNKS[YXZMNOY[]]Y]fkkjgdb\UMFPbdc`Z^cVQWUX^bf`^iqrkege]\WY[`eeb^\\chhprg]djcXXcijhaeijd]W[a[QT`ef\QMT^a]SX[OKKO\a_RHLP^^SPae^W[ZPQUSOGKKNTUPIGHSSIELJLTRLKKOTVTUQNNJ?IOORIS\O7KQJEOZTMRRJMUTWXUY\WNM@@S]]SNSLINIQROKNPPVUVZYVXYUU`aZLKV^_]ZVOIIORRQRROGEMRQOMPTTTODHVZWKBIMQRQPMHKRROOMSDMKLRSNELY_WQDJSUIIME=?IXRPPLOVZ_`]_ZUUWYWUWZZYSV_a_YODOURQRX\\XWZOMMMSV]`[TQNPS]iicWVUSTT[a`\Z[ckzƒ„|oZ[cgd_UMHLMNLFJVaaWVTOS\VNUWYXZMRTKOX[WNO`g`Y\ls~‰Šƒ€xhb\bhbRRWPX]VOD@TZ_US]_aZ_nwtd[[^]]`RUhf[[[V\c[QZcmrkXV]TP]_V[_cc\OQT_e^\ZY^dnome^X`XOTUVURLDKT^]Y^ZX^b`[XWTPTQLRSS[]][_VQVY^`eiouqi`]]YQ\ee`cbSIEMW]WV]bbVTTQXTV][NFR][VYaa]^fgc^Y[VMNIOSSZii^LJNKQRPSSUajld_`fb_X_lriTNPTYX]`\_ciqsogb]UUdogc]]bhf]ah_V\[SUQRZa`VYVU^ZVVWTOSYXX^eecelovr^W[TU`edq}{qea\VVTVPMYba^\PPZYYcpw}yhY\\XQVXV^dfi_UUMPRVbifirtpogcYNQZ]YUMOYgjbUQTZZVRWYVVRMKQXXV]USWOGGHWWNTSVY][IOVUQTLP][XYXWTVLNX^_PLMPTZSLUWKSZTW_^ae_SSVQPNLHOSQOEGQQV`]Y[[UQRUROQPNJQSWYOOWWY][TTPR^_W]c_[`^\_b\VUTOIOONMHEIICCRZPIHIMLLJHJEQRR[__VMUUNLNKLQ\]ULINOQX_bcgimmu{vlbXQILWS[hf^bikbUKNY]_]YOKTSPRVUR[WRW]a[[[_\`^\cbcc\SZeeYR\[XacTLU]c_Zdiopppjiedeb\a`cfhggf_didhm__`daZTWZalpme^c_X[TJVXW[^SNRVPVXUTL>FHTWYROPPW[PHS\]VU^^\]^VKNMEFUXRPHDLPLR[[VRTSQOSWUNMFMKCERSOMEQRJIKLIITTMW]\KRYTUUX][XVUJJVXTOMDMRJEQUTTTPNLNUVMPTSKKSSORX[XZVXUOTWQSXXTLHHKSYZXTQROMKGOQPOV[SJBPPMQSNILGGJLBAQRQLJW_\SLEHMFDFC@KSUTHO[YW[[OELWZVVSJMONNNPQZadcRMSKIKLKILNCQYYVYTVUTXXKKOHTRNPRSQST\XHQWOIGEGNKFGW]TPXXKLJKSXVPKRQOKIJNTSSZc_QMSSTQLNTTMKWWMNJMKIKMNMQU_bXGGMQRQOMMMIHLKOYZ]XRSQJPXMETYVSHBECFLRVUV\]XNQTOHOXXUIEQSPTekbUPQZddil^[bgd____ZPKLX_\VRWZ[Y]aji]WV[^ZSPV[]_[\foz}taUW\d\HJBEQY\_c`YZ[YV`d`^XOQSUVasxe[XNNWYRVOMXU\XXm€‰‰†zp`QNY[Y]YX[XVPT]ROZXOYmyyr^KMWYTOUYRVdf_ZZ_a]ce`W[^TQYZWY]aabebZLJ[a\[ae]X^emqoldWMINTRLR]\WKFOIL]efXP[UOT][T_dbWUTTTRTSS_nmdbciqobZbc\XcbWTTIUhcWRNWUKNWLKTJT[_]`_\RLV]^WMM[bcaMOSHKRRPZ]ZSOPKGNTY^_WXgpjYMLJV\]YY`b[Y_bdaZ]mkec\OEM\[RMJPV`haQOQIK__VT^VScc\XXRQSYZXUSXVQW_\YUY[XPP`otnkqvmak|†Š„o[\^[XVSVTV\bfc]\VSZdio}vaVTSP[fhc]XNMSQVZ\WTVW`v€‡…ve\]^_\WOPY^_[TUZb\LGINXVRSQPQXXUNRURVUVadYQYUNNTX[Z[]URSRMS]XSWVMMUQNOW^b^^_VTSQMPXUOOVTVLNYVTXZ\YU]\XY]\]bbY[VZ]XQPVRIRXWQ]c_[__[YW^chld[XWR[_`b]UTRQT[ZSU[TUROKJOWWSMNPPOMQPY^`\VSV[UPVWZ^][XXSKPUST^log_\Zbgiebbekjlpj\ZZ]ba^Z[kf\WINYXV__WVTKPWRV^]TSRT^b\ajoligilfZ\^bdcbaYX[`c^\^fmogcb`URY\__[]bheahffcdkopqk^baZR^cddccdba]YVbg`WZYX_e`MN[_`][_`^WQPPRSRS[VSUWXPW]TU[TMV\^\TMRSKOWULNRTROK@:DLQSUUTWX]\LHKQTUTPPQKGRSOSTMQXNFMTPMY\QTWXQAJTXQNPF>GKRVMJ]^\PMU^^][WZ\[XSQNJMQSXWWSSW^[RPONSQHIOPJKPIRVVQIGRTRTTNRZWLC:MIDNUWSLT[]ZUKGNMMIMY\QHKNUPEE?;@KPPNVaa\XZZQMRNE>LRO>Uee]TVXRZa^ab``^]^]^a^XY\fni]WYUS\cffjlcRPTXWQUY\]b\Zfx}oc`fibNMKPY\\eii`UUZ^Z]Y]b\MLORXbnpeYTSSPTY^^PRS\`a^gy†„~tg[PRQW[XVXRTNLXUUXZZ[hssmaRLXdbYTWWPT^cefddc_X[]ceYSWZdceeca[]^]TFKSV]_^UOQWhkjsr_OMMQKIR\\XVOOTUX\`]XWUQZ__Y[hi`OU\[PJRTYce`ba^eid]Xb]O`lgUMKTbeWJSQRPUYRAFOW_^VZYRFK[ccbZUQTaf_QQTRNQUV[_a]X\Z]^Z^_[YWdkdWSTW[XUSW^`dimfdflstpk^URY\YUOQPO^bYQLJSS[_ZZ[TNS[W[aU^UHFLJP[\VZ^\ZVRX[ZRQblpolgi]Vdu‹”Šl__ZX[][WQJXcaWUY\Y^dmv|wl`QQQKZ`_YXWYSGNZa`X[^Xix…Š„tgYY\\ZSEEEOSUTMJEHIBNRRPXXXTRURSVTKLRRW^[OPMHCNVVZYXRJMMIDOUTMJMOQQOLLPURY[YYX\YWZXRRW]YQQTNOVUYbcfa[ZTQTRUZ]^XRKNUWTSZZSVb`]TIKMV`a_bbbfgegh`fh_TONRUMKXZJLKHFELPIINNUYYWUTXZ[Y\YULPRRNRUQRXYQCDPWY\cica_VY^^]`^^adiopnlmmkd[WP\\STPNWVNW^[TLRPRSOUXPMLBL]^bgolc_jspd``egfb]U\a[ZUPWclrnihh[\ab^VcbX]`Z_abljiigkokgcWPafophadeba`cijcWZY[]ac_UYd^UXXW]UGSZWSQQZ^TKNXYX[XSZ]TQZZWQPQRMFJKORQMBCMFEGLRQOJQIDHGFDGMQSMKNVWY[XNSXXTWSMOWYW]aXRS\ZGLRVXVQNKHJS[YTYY[[YSUXUUWVW[ZXQOOPVYYYVXTKOUZ\WNRTVX]_ZW[[PRWPHFHRRIMNSUXUNEFKBHQXWOJX^XPLKSNGMQ\ba^XTVLG?@LRQLKQTYaf`SWSLNPMAHSOAZjbTOQ\ZUXXV\ZZXTZb`a\\^^bhiab__cfjhfklh`VMNX\YXXWZ\Tcw†‹ofeb[UYYR`gg^bc^^YY^ZVNNae\SVTQQXXTSOOXYQRWXZSVcifd_el€ˆˆl^QNMMWWNKOY`a[TRXY^UTjrkf[ORYZRPUPTWW[`a_bbXPO\bgdbXUYZ^eefbVY\VTRPV`hf]URPYckxyrgXKAJJR`ZOSQNPSURMTTYUURSQOQZaWAGPTW[YQOSVWYYXU[_ab]\\W]fYMKTcjdYZ_]UW[WY]^[UOPUY[[SMV\[ST^[Y^aZKV_\Y[QGT^_a_^X\ZRW^a[Yeh_TUROJLIO]hmkih^\gqrsriTZZYQVMPSMHUZVWWVSV^ZW`dc_caY^c[XXTXZ\Z][bkeSOPTZWZ\X\iori^[Ubez‹Ž†yh```]WTRSQURRTQNOWW`p{yrpcVYVLLTZ^bc_WPT]]VUTOVo†{vkYPKLLGH@HN@EQQOMMLMQMJRSOOSYTUZWVUSK@MWTCIQNJSZ^YRRGHQX\ZTRTQLDDKUVT[]XZVLQX`ff`]^^\\^[UU[^[WVWbd`VWUTVSMHLQQJSYUUZZT]_XU`c]XTXU[eopifihedaf_^a]XVOPNLPXVNKLIIPSRJGMOQX[YVRZ]TRZ^XWQRWVKGHR]bYMKKJRZhnieac`\NRVYYYZ^fimnomhe^^aaZZd`X_]ZWUXXPNRUXZXQIILJGLNTafd]ZesrbWYZ]^_^VV_[Tab]^baggfd]]fi`^imf^ZZXYbjmjjnrsnjfabaakol_\]]Z]`glg^VPTX\]a^]b`^]\^^]VYWOEKONW_WKV\\\ZRUZTILNFKNNLKMKDRUMCFNPMDH?DNH:GVZVQNRYXQMIAOXICEAISX\YVUNLYYX[[\_[SSXPKNNNJCPVUPORPNQXUTWVSROLNQNHJPJBGMSRNRORXYUWZXXWKHKKWZ\WPQQTMQUTRRSLPTPPICEIJTQHESYXQLOVYVVN>6DKRUZ][OFFGQRFIOPNNQSXVc]XUTWUSUECNZYTKMSOJSegZLLMLLKRVTZ]TRUMFY^\]SOVQNOLX]QKXX`aYW\V[RMXYVQUdkhr€r`bguytodZPMONMPQXZTRYPIRUZ_[MGQWYZYXTTSOKVc]\\`r}{uxxsx€wfWUZ\NCLYa``dda^STeosqod\Y]^][ZRMP]gje\VXTRQOIO]efdjnibWZZTR]SHIS[b_YVWVZSMRJRev|ulhcYUYTRWN9EMVWSYWWkl`S\^VXXOQVZYXPIINKThpm^UY_YXXSX__^_^_\blrmif\WTPR]\LFLVXXWRQ[[V[]QJ]fg^RKTW]aiiloh\geVV[ZTKR`ed`^ZZ\TSUYZdnzƒ‚oVWflc\[ONPLTa\TXUQfnaVUbfkjcfol[RTUQW]_\NKX\^^X`dh_W^hg^ZUOUZNNV`e\XZccVXgs~{nYPRNX\TPUYXadVPZaagjox}|ul`ZYT[fmjbcc`de\Y_cbefktz|yoa[ZZVSPUWVPPX\][_caXVagb[RQVLCIUTJFKQRNNUUNOTT`de]QRQMPNTSLAESRRW__UQVY[V[bbZVORPPQJPZZTPUM@FPQPPVeba`bd]YZYZTOKWP@JKQTTTKKPPSTWjled\lspilfZajh_X]dffa[QAPRMFDW^UKFOQPPORXWMPLAJRNKG@HRVUVRRQJMRTYW[^`gcX[_YUV\[SYirnimjjfaagjabopd_ddbYNKRTLQPIFLUZXRT`noha`\U`d\_bZWWUXXVRZab^_U\\]Z^Z`kjbkorvshgg`fe_dovm^^fplecjnkhmdYZ`eg\T_edcbab^bcaYVROY]Y[ac^WR\bfaVLKU^c[QTTY[__WRRQVXVKOTRSTNHLE=FIHFFQY^]Z]ZZTDFHDHPSSTTOLS]a`\ZZ[ZLRSQZ[URXWMOYYROOMNUURORXUQMRSKAGHMTNCBI@JXRGONLKMNRTMV^\XSOSMNWVOJPRSMFMQTQNQQRLIORUURTVLFINVZKHLNRSSGGTYZVVZXTKJCJXZVRNKKGMRVXcVJNUUMUUTURMLIHPSS^ln]SZ]UKL[[W`g_NVYKMWag`RWYOGQZdbWMLT_fghc\TMSYUVVaifepttjgffmkf\ZYVPKKRWVUOPXUQOR`nl\U`cb[QUVSQMJX`XS\Scrx|~zqhfnnjb_\_^RUbhe\ZgheYNdnlgha]\[_a\ROSYNS_cc`WXQJMUX\^cdejh]TXa_VPU[YV^fjhb\]\VTRWZWZZ^lqmh_SZ_VNOGDLQUNUb^SWYT[_]WTYYZ][TKLU\XJM]^ZX\[TY[WQPSWZUP]calmaYONVRQ[aXMGORS_YX`b]XXPL_kmkaUSRY[[Y]\WV^`\[]XOSYchf[RNNUOP_fbWWd‚ŒvNS^^^]UHQUX_c[YYPX`a]RQX`gnnnh]RSRNKTbf_SZXNMRZa^XchjhbVHEW\YSYc^^a^bY^^f|Š„h^_\YQJOSOY\VNU_fihkrw{€~ufYTS\lph^^gmi^VSPX`kswx}€zkXU\UPPSVYWW]^XSSRTV`nqfTOTQJCACHOTSZae^UTXVQYef_XQJIOQQTURK?KNMGKSKJ[c_TU_c`[PDGJQMHIPZ_\ZUMSM;HQU\_ZWYZVQU]\PJSVRSMMPMSVPJMLMYnphYR\a^aefhdki[[bgbcd_UPRMILSQRTSHCHLHOUUVSNIIQQNRRKQSROT\ZROLLHCOQT\eaT^e`SU__[Uarxsnlfile_b^_kojg`ekj_KKRTQOTVRNLOJ?Tfi]X_c\cjf^]``YNMQMBIWYZ\Z[ZX][XTYZX]dnwwleed_^^dfhg\Ykx~wkkleekfcc^afd\^bhgbXT^__ZPLIHTVTNMQTYT\_XWTJEKRbg\PX^XUZYWWOSYZSU\VVTNBFKCGVUHGOPNKV\]TOKKJHJLRTY_\TSaa]RSY_`VRRLKTRYYPOVZYUNJHJVXQPX_]VWWYWILPTWSJNQJBX\NNVTQNLPUPMTUTVZZXRQTXRGMPH8KQUPLOQRIPV\][XURIJSUVWU@DIMSXSRQQSSRUXXP?;=HV]ZUQLIHJT`a[f^Zd^WZXWPLNNMQSMRZ[Y^\YUIT\``X_aRQ\XX]\[XY_^Y[[UXVTPIT]XYgnf\QQKSZ\adcfnmmsxxpa_ehiig]UTW^[R@Sa]OT[Y\ee_X\^SLRSWYOLS_d`]`]Q]jp€‰‡„xmf]Wakf^Z_[Z[Y[Z[UPY\\[T^gaUVUQSVQLPS]lrh\ZTJPZ__\emojZNOMNW\\_c^]dlfbc]_e]FITQGQWQQQ]aYSTZXW[^THNNSagg\CDHU_`WXQLOOOOS[YWMJKV\XV]^TRUUXVIGWRSZYW^aa`TJJGTX\Z_a]bc]VYRIENWY]WMNOMMOIRR[pxm`WZa^eklbXRU`ie]W]^[]efXMWTs‰‰kXcf^WXX_WOQURMZmnaWVQLU[ca]XVSVb_WX\^\ZUU`XY]ZWRROI[aVJMR\\XRHR[ROVXTTXZ]cy„pZQNNPUXYY\\QMPUY\]_b\n†Œ…oYSUVUY\\beWQRQMIOVdcdjkr€€vbVJXababdeYLPPRRYS_f]COZ\ZYSBM\a\LFMLGKJRUVVWXTNPKPX\[ZSLQRXSMWZVMPX][]__WWYTJU[]``ZLJUVRPSQSVRSRPSQSP]_UBHQ[`]ZLTWUSTW^a[XVZ`mmfhlggjorskhospjd`emg\^ecYVQQTMFJFKPOERZXWWU`bXKIQOQOLLSURJISOEHRNLLOZcikie_[^]SWdkqvrcfgfmokcelospnjihbXQ>KUWQNJO[\VVU_dbgf^a_Z]_]RNUWX[YVT[WSZYRX\aZake`Z\cachkga_bb`_YY]^^fqrhbfhbflk]mkhhkhb[]^]adhecdb_WZ`]RNTQNT^ed\YUOTYXYRUbe`YUQQVVY\\^YXPMJKQTPNMMSRSREDEAHKONKNOQIJTWWQOMOVWQRTEARY]XORWRUTSSSNGHOMGCKQOLUWSQMNW_]QDGJFLPSSSQSRKLMSSCHSVUOUXULTTFLVNIXXMHNRPTRIJXXUVSOKGSVRLER[SIKHNG?KNLQWSIRZVGPTUNOU]^`\WPOTY^]UL[LW^[V\]XUTWVYYQM\bfh`STWV[\_]cibVVVR^fd[YVSR^\LBCOVPPWXWfsm[NPODRY[]^^eljhp|{j\_eccc\RMPXYYM@Yb[TXV\fg_Y[ZSMROMMMHM\cbYcgcPQZjow…|sd\Z]YRV[XRUVPRVY_ebVXZXdk`SX[VQPRSWbfnslhh[T^[W^donj`ZVWRQUcotj^epmbca^[QDOUUGO][Z\[ZUUPSPNZYWPKWZacgdVRQCU\[WXNEHSPONWUNCQVZUV^_XUYTW_YSVNRba_aabfa[UKIW_a^^]YZTQSSPIQW[]]VRRVXXUMOL^lid^W[^Wa_VSPJQ^dbXTZc]U_d_QKPey‚‚uga^b`]^^SIJNKOY]ZOX_]]Y]a[WRUQWZa][WWXYVSWSMNVMKXXU[[USPZa^SEO[]UKU]^SXbhelvsjZSTTSRUOENWOS\\YTTZ`dz…ƒzaTYTMW]UW[V[[XPG>P\Z^imo}…„u`VT[]_\`aXPPQMU\XT_bYSOTTXZUPUYZYRKLQTNQVWZYUW]ZSMSZVOGGJR\X[]QHJLQUTRXZTQZa\PV[`^ZXYTUVTROCINMNLVWIBP\[UH=QZZZWLZ\YS[\VRLHQX`hqtliromssgTalqmecbgjc_`bb]WVZXI;BIKNMBOMPY\][UUMKTYYRS[^_[UPQHAMRTMQU\gonhYQV\Y\ehiihmniekljgitytgiihdSJNDFGLJFR\_ZORbnnbXYXS[eb]\YU]]WW\Y[ZXURX[UZYV_affcbZYbd`_dinnpm_XRVOQ^UZkrofVNZhjbk|xporpomegrsiab``[SQVYSRPTVY]VG\ced\ZUNT\cfaYUZ\TW\WU_`YVXWTQRJEEOOLLLRRNNYXG@NNOSUKNSRNMKKNSRSVXSPQSQPSTPRVWWSTTQQ\dc]TRKGFQXSE7CKIILQNKFRSMGIDDSURPW^WWVMGHIJMQQTUVRV\]SMNPC5@@JVWTFCC?NZYQNU\ZNH@AHGGFDIOQW\XSHKQONPVVOLLONPRXUNIKRYXXWTTQMHLV]_UJIEKTVTRRPOSZVN\jh]MNPLTbih\T\`[Z[\UJSTT]WK\gol^[Y\`[YZ]bhkbTYdhhcbbbfg]YV[VJHNV\SNOX`hdZSSRW\[UOLVUNVVTWVGK\^YP]gqty†Š„mW[Yd\WXQZ[V\^^\YUKCSas…ƒxb^`^_[\bZOY^_beeaSU^afibZZZY\ahfcejobwyjPPMMUYYVON\`TFSTV[ZZ`a_gnl^MPTZfjie\TPRNPX\^]YVSIMQJMU[_^WVOOQLPT^^[YPIR]_]VYgg`[ZVOYbaWTUPOX[YTMIUeigcdZQYX[][TRXimbLM]\de]Y]X[YTWY\XQURSZXX^Z[irnmojYU]\YQWYbe^Z\c_\\RAAJRW[_f`YOG\faUX^a[UXVUZT[_b_VZ^]]YY[ZTLW]_^WRX`dd`SOQS^s‚…uUL\`^\[YV[_]TNQV^ZVk|ƒ€viZWXXJTZVUW_fgaNDLS[afgjqxwm\Z_YSNMFRTSVROPRS`ilcWCHZ\OGJSUTVWWNJKU\_aa\UW[XPLDFMRSWXVW^^WLOQWVLW^VKZ\X[[QMTTOMSNOQOHLMILQPGNUOOQXa\VZYQM[`UQUTSNG?IPILanlhpsi]jupgljjkljflmhmlhikcSVYSWYPEPYWVUVQOTWQSRRRMRa`YPXb^YSOCJ_b\PP[gmlke[X\VUUTNMYksqmcb^bjjehgihadfh[LOJKSZdgie^WP`e^SV\\clgdc^WYb`UR[b\MRYXbdb\VU]^`]\]]cb\^cgllmmc^YSVakh^]cjnmcZ]ceeismgfehklknsriaVZa[QMOXY[XUXccPR`ad_RUTNTZbbYUXZUR\^RRYc]STTQVOCDPTWXROQPFJRRNOQRVTW[ZXWTTWRVWOP[]XWYVRQOGKSTUZXUSS^fdTKJMOMOXUNAJPRXVONQKIMICIMMVXSMENTUYUUTUWRQJGISTRTWSUUOO?ENMNQVRKKDRYZQPPX\WTN>EHEEDD?EMWYMEBIJPWHAFOSZZUJEJGHRZaHNXXUTMGNQV[XXTNV^^TNKOSPOVRRgphXFOREKZb^SSQS[^ZOSWWSTYRVbqvmY[_ac__a[bdYMTV\ckngbbglf_a^PLSZ`^QPKSaaZUWVRKJSSSSSMNVSQUWS\gbTMP]ioju‹”‹qTVZ^YWQX]VKOWSWXZ\]`^o}|jSTUU[df`XWadcdifWHIHMXfgd^VVYZQKY`itzlqjVQUKCNY[YVVUQNU\[ZTSW_edd`[USS[^_agj\DFQW[[]^^XQNDFGO`ef`[XQMQSGIKOX[O?BUYYYUYdiha\YQ_g]FHKQ_b]SMOPZZX__XOUZ]`dcXW]dXMTVTX_]XWTRSV]dje[RSXWZ`_[X_feche``d]SLN]ac\TXVYY\XVU[XSSX\\[UIM[]U[_`_]WKMWSae]UQU^gcZ__]SRWTMNRULZc^OLVbcbt‚q]Zbcb_\\[`b^SMQWa^dt|||qc]QIT_bbUOPYc^WTMHOP^fls{{m\PX\]^_VKJMTYbc\VYcjg^PIY`YNJMIGQWYTLIR_a_^a^VVXTTQQNMU\_YXY[YVWVX\SMWZINQPXdcXQQKHGOVZ\VORULRVRLQUVPUV[RQX\VZ_[UURPMFKORNOezzpbeja^gdeiklptsrjibUfgjeVNW[UVWRJGNTLGSOHS\WRNNTOJ]aZVYdf]ZUSGKZXPRT`aa^\_b^VPJPMJSdrrqonk^[dlnkdc`bdgcRIGHMYjqonf^KLXZZU[_afd^^\TIMPLLUbaUPNN\]_`ZXa`SOX^_aeabdegc]acgjgdbdlhZ\``dfZCLWYYXgeed_emollnljf\`bYTTXZ][[]cgaYTRU]XRRZ]X[^RNMPUPV`YPTbdYFKJEDGBJRVXQH=AKLCKTUUWYTLWZRSUV[[[\UNT\ZTQSQSXSJFQXTURNNN[aWOQMQLNPKCAHRRWWPSSQPRN?CPPVZTJ@CJFDHLU\\TLIFLSVQTSQVXRKEIQOKRXYZXPMWVPPPKMJMLE=BHLKIJMNMLJIJGDIQRLPNMY]XSQVULITZZ^^[YVLJNSWYWXaa_ZWYRDIZWNTWRPaa]VVWSQT\[SE?EQ]]V]dXOTYemf^ff[\^WW]ckh_][UQUZRXdjg_brraYa_[WNX^\SH@OZ[UNLHGO[[XQH?KZWPQLT`hgZPY]hpnl~‹‹gZV^_Z[\^WSZ^YW_`ccaX]pqd\[VRZdb[SVaifdb^WOLHNMVa_WQTRQMMY`fipvrpfXPXPHXYYRNW[XWW[[YPS^lnjd_QPWZ\^`b]WNJMXWILYZWPVRMDIT]]\RPHHRWXSPOY^VICX\YZ[Y\modZ]`emeRIJS]]][TOVXXV[]ZQSXUX^aa^^`[OZ`d_]\XONMPHObji^PWYWY`^[\WZdb_\_qxsaXPY[TOPUQQ\`aa`Y\cinh`dgcYSZX[cb]ded[X[Y\__ZYQ]hjd^\[[_a`\SQVWVZXIARZ^^kzƒƒxhcfd_ZVVZaa\VMFOU^hhk{€wg\TWalnfWRLS_aXLKPSU\cmv}~rbUSTT\_\VRRV_fg\U`d^TTUTWUUVUTVVSLSWVTSRUY^]XMS\\TSRLT\`]\XNKQSYbd_RMXVFHU]eicURVVPOYchcXPZ\OQXZPY[ZTVZUUVRXVPUWUUQTTMJOWR\v{rmkjeX`qz{wwvxuurokhlohb[b`XOHMUVL?KFMXYUXU\ZRMTQJKUSVXZ^a`WCOQPOUTW\`difkha`Y]^YOFVkvtmmlh^]`hjcahlnsl]SSWXZahikjaYVQJW]\\ada\TRLJMIKV_b^VJFFQRSVWOPWUT`gfbdbdhccdabcgmnjhabc[WZcidc_QUWX`aec`^dbfsule`UPYW_b^^^]^a\ZWTTQHM^[NKULFPJMLKS[YWWNSVRSSPLMOPNMMNQNC18MWTPPRNJNOHCGBDSSSRRX[SOSQNLJMTUSQQZa\YVUSMOUTSMERRIMNJJGCISWSNMOMNSVLCLIR^]TLOJCGIJRLGEMPPUPMW\XYYSRMHJOHFRYWZWPNQJLLHMNOJGNNDAPNECADHGILLKGKCBALQTTQRQSVNGHSZ``_SOPV\W[``[fmjebb\TSZ[QUWSOTYR]e_T[]che_\VLT\[WfdV]eqypb[\Z[XSQS^loi]XXUWXVMKfqlchpiY[aa]QIRWUSUW^ULOKKKKZc\XSLO\ZPMQTS\c`X`feihoy|€€vlec`ZTRNGAQ\XVUW^_ZX^lnlmg\VR^ab[HVgj^U\df_SUUPUZ\ROKGLU[_cadhlgldRSTTXWYXV[^a[UZ]SR[aehkjgklpibZY_^XVSWUVUVWSXQQSYTKIFOQNH@GV`_XM@PZ[ZPPRQ[__]ahkk_]dfhc[DG\]aba]WVYTUWY``]XSRS]aa[VN^ffb[acZQ\a^_ahhfceeb[TGRX[UT[__^n}ubNNWST[YKQ\badjfYW`hke``^XWUNV`bXXegWS[cRSYbYLS`bWTOQTX]Y[\__a`W^_QQ^]YYhŠ‡sabba^XKMOT]c[LSX\hnil|zia^ckmk`TSPSYYPOPGTY\aijs{{q]THNZWSUZULSfmbRNRUYa\]`ZQORVXVZVNPMSQLIFR]\MGXZXWPPYZTWVTIFHJP\a]XQLRQLSXZY\ZPW\UQUZZ]_ZPZRQWb`[]YRKZ^^]WPNMPNEMPRYRIKTUQkwokoohddkruvuuqnpmpw|ytiadili^LIOLJNQPS[WMUOENJJPOPSMIR`b^_aZOOSTSSTSY[fige_UU\^b`]TR_rvphda\[cilj]\koqpkd]XUPV_cb`ZUYYUNTY^a`egh_RKDDQTadVLCDQ]^[ad_TRVX\de_hhef^\cec__hjgmmc\YV`u}reb^[\[Z^[iebX]elnlgkfXU\USde^VOPZVWYRV[]ZZ^_YZVPRTWVTTUYXVKBMW^_ZVKPWQOFBDNOJGPWRPQRM>@BCMKDDMYWQHHTVQTXVRRUTLCFOU]^WSROLMLL[\PLNDCMPTSPDETYRQVZVUVRLSMJZ^[WSMMMJPRPV\ZSMNPKPTTXYPLNKEPZ[QLSUWLEHQWUTRMFKJGKGFLHGEHMTWYTM@?EGQRMOQJJQUZUJJKSX[[YUUU\cc][ahkmjc\]^^XZ[^c`SLQYQP\\Z[[]diddbYZ^]Yej^^gjok_ZUSOZVVQTcke[XVYWVPRX]dg^_cbZV_dd[SCEOQRWe_PSVFNNQ`_PX[V\VLIU]_Zaa][Z]_am|~zwqmlhd\RQRQTYVVW[TRVXWR_ilmiid^][[^[NN_e\YlvsdTJHPQTWWUQOFHQZ[]]cj`]\Z^bZOOSXXYWSTXTOTQMYdhlrrkig^W\b`[ZX\`^]\^a_[[bcSJENOTTLU_gi^SMHRWRPQNN[_`_YXkqi[TUblh_NQ_gecaXTVPOGX`bgg\RR\]VYZ[\_^YKQ]ec^iojiaTXab``\XSUQ[[SOR[gfnzzo[QTYXSTT]ed^Z_e\OUWZ_b`YVX\a\_c`Y\aaVXQUQLTPI@IX[ZXPILVVTSWYY\UV]UNT]\`Ze|ˆdOP[`caZK>PWQNTX]lvujjoeZWcqriZRTWYZO?MYMP\WUbpy€‡„uh^X_bYNTXPFS\\TJPTP[\Z_[QU\[WQRQOKJWTILQXZQKJMRSY[WXUJM[^SAJUWYWQTXTTSMRW[X\a][`_[WT[VTVTPYLP\_`^YQGQ[]WKPQRRPNQUGPSSSX_]Zgjkmie_gsvndaa`glhcfmvqhdnrsndSEHOTXYSSX]YTUTQONTEBMUML^c^XXUNDCQTGKPSPRcjfllc[ZWYZSW]dklfa`ZUbjjjgZ]__eimfVVS\kme[XOOVXWPY_a\_ghbVYRMTU\a\PIGLZ^affijgmqqnbckke]Z_[Xbhmnnlhg_\]acw€zk_]YY\[[[\hhg`mw|wqmi\^e\OQVVLADMV^`[\WY\[\`YRYZYUPNRTOSVYUPSX]WVUPS\aYQKUQLQPQPIBLTVOMNITSKJPWVUTOQNPOYZPGLSMNMNPVXSLGNQPOOSXTQTOFBCKHGIGQSQNTWUQOHETSEINLMMDRYTWWRTXVTSJINMPQVXPHGGD9N[\SRNMRRIAKQWYOFHOTKCJMQUVHJMU\XWYL1APMFQSJCGMVZVMJPU\[UX\elliaTMZaZPRY]affhijle]PNUVQX_]VKHSZYZWTSR\^bmjcfe^MELYRLSTUXYX^gbYVXRMS[XZ]XXWX_^W[^][WTPPSPKXb_QS_aYOVVNNWWV[RJJ[cbhlfdf_YVhxxwuwyrlfa\TYWRNTVPSVQIO\WT`krv|xhbe]QPOHXd`\l|{oZNUYROW[\WRLLNNPY^[dm\bchjd]WVY\UIBKU_aYKOXYT[fd\ZahfZV]ZSW]``WPQZddZMQQMRY\\UKO\hkfTIKRWULLJUfmqqdN\monfWY[b_[KO]`[X_ed[OVbilqqgVV[[VZhnjb`ZUS[elbdjiee[SZVQTXYZWYbgZMLO_hggqrkjdbf^YUZ`\X\aff\]ZQQTRQVUZ\[]\Z[[X^aYMU[Y>EMPHDSXZZQOZdc[Y]ZX\]_]STXac][lx€|m\ZXUSUOACJHFDLSctuliprka^lqfVRRVVXWTRYQRUMLZovyƒ|rg\[^]UVURTTV^ZGLTOLY[]^]_ZX\XQOTTNOICHPU][OJEDKY^_]WLGNMIH?Q`[VSJLKIQRLZ`W]hk_XXZ\VSTPV`_``\[[VSMKKS]^SCNRYZRNSZZV\a\Q`e[\bkuvonrvuutrpjeihghgosqlkrsn[TZ\]]ZUMT\``YTZZRNOVTKKTQY][WVNJHKNRPRWSSVSadfjjaZ\]YPP\\fmc\b_Y[caaeecbZ\enmhb\Vdle^_`YQMNU^`YVTW_\Y^a^^[X\_ZPT^b\W`gpwwrswwoclj\RSbeX`iigovrkcbag`bkpme[YWXX\_ecikgjrxywtjacdb^][YTJTY[YZV[XSTRM^_TQUWTUQLMQSRXVUX\]\][NGNYVQPRRKFKQWTKOZ[[ZXOQ[XUUSPSWVRRVPKVOGAQQRUVRMSXYIERSJPSOQMPPPRMMQSNQPHFIPWURUUNNVURLJLPQRNNSSSTRQRSOOUTRTRLIGA@FHKUTGC@GW`_TMR[ebWM>PYPFFMSQLMPNMDIWTKFJHGUXTQNQQTTOR[WRVYX]fmkbWOQ\a_UILRTSShpne^[XXWOIR]daRJMU[ZRUWU^\Ydjb]XYVSVRTUZYNLW\enri[TSQROSXVX`]\fc[SRLSYQNQWTOXei[S]b]SS\^[STYWSIEMZ_cf`gmgXKNiv|yu{€{m_WUQQW\ce`XQQRU`^ZX]fnzzn`a^\^_YUghaaz†„sXPSPPU]^\YWRQQXYX\^dkX^a`^_^YVW_XIIO]efd\XUSST[\^dkndXWYZVOTZVTONYbeWQRLGRVZULBL^fg`NEOKMRY_XVZlvqeddgom_QSQSUOHQ\_WIQY\[[aeeji_UU[WQUalmjec^a`aigb``be_W^[LES\]\X^a]Z\_cdehjgjqpc_[\]YTSS]YW]^afg_SMMWZ[UTZ_][[^chha`]ZZOUZYWXWW^\SZ`deb][SYcgfZW\^XSX\j{†ƒtaYNPNLLIJPPORNN^adfmppkbilcPRZUMX_]TSQELKOPcoqtqklri\Z__]ZWXRYgeYRTRPNNRTXVQKTZRORQMD74HOMU]ZVQMIRUSWTMTWPNPQXd`QQT\^ZSHIT^]^kmgZSTMRZa]WUTRW_c^PRVQOUX\ZLV\_^QHKWZ\GWZOSXSYcmx|yopossrjfdehhknkinomilnhbaca_SPNLR`aZ[XJRWRMOQNLQWY`b^SILOXVPV\WPSUNMMT_^[]ahaROSTajicimda_^]_Y`da^`mplgef^`b_\\_^NHYdcXORUV`cc`_fd[SW\Zbed\U_hjovy{umifd]Z]dikd]`\Y]gfea]]be^[]Z^^_b`_caafgmqi_^istpd^gomc`_\ROZ_WQVZ^[\WHW\[VR\WNTYUQUUPW[WTWabYNEHLCITXOLABNRNMNSLCHLOQPTTB67CTZ[PHS\^ZNGEU\UIGHRODFNROLNRQQRTQJNTPV[TOOQMBIZ[WPPnxs_ICCNVWSWRQSRQSYdcZRHHY^\VST`eaZWSWWUTX[_`[]ehfYO][YRKQ\c^PMRU^ihaVGTYVWUPQYVXbe_QMPKVUTQPLKU\bd^XNMOLQ\]X]_\RNOOO_e_SQa_UQQ\nyvln{‚€q`TXOJX^fid[QPX`^QRX\lvtg\_^V\eh`^faZj‚†{iTQPPQSVSTMNQQLMRT\cefqd]TWRTVWVb`UWV]_aa_a_bc]QW][]jme\YYTSX[ce_NNV[RGQPOUUVTIGNQWbeVIZ[YTTUVQJXkomj_Y`dbcd`XRVY[beZQD>O`d^WTRSPSTYYUNBK\d]``_[MQZ^_ZYaegc^TPQPZ[XUYULP[]\`egd`jqne]^]`ZRU]]KR^cgd_\YRUWXXQRQU[[[]ajklg]ST[\YVVZVS\b`VU]\RHHKTY^_W[YPJTSYfswl`^VW[[XTOWZSSPWZ\fnnv{vmge^XYXMOU]b^QK>BOUX]_bijjx{tf`\TX[RNYckfYTTUXRFBBFINSY^SGB?NPNJMTNGNHOWUTSWLNRPU]]VMHOa_SPORXVSNLQTV^bec`XUWXY^YZ_]QPW^bVTVPLRVOSST^]ZRMOY[TYULHRUbnopuvifkikjegcehfjniflsvyyvqppmjf\QWWOMVZ^`UHNNHOTUXW\\^a]RLLQSMV[^\OKVVPOU\bY[adc_`^bbcdbfnjc^\^Z^]bebeflkgnrhVbjd[ZZSFQbfd]Z\XZb`_\]\Y[QIVef^X\_b\]fmvwqc]^^_bhge`aa\R\]\\^YRX^__XU]dimg`fghfdhqmfhfhpsncbnpf]\XZZ`^[WX\[YYVVRTY^^]YPMVSQVUUQY^aZSSTILZ[IEQXY[WPRSVWQHBHQJJSVQGFOXVOIGQUUYOIH@CSZ\VTPJQRVYVNHDLQOPTRNLKMNOOGAGMLCFMTRNPOIDEGRRRONNQKBJUSI@GKJNOF?AHDDPNQQNKQMDNKEDNPSPMPTMKLPUQU]YXYS?GPRMMJKJDBEMX_YRLICHMLENX^\ZWTvymVNPTXSMHPW\^YWaef_WROZZTZ]_ad\SSPXbaSMVZZ[U_pxrYZ_XNLMS^eaVWZT_d^YMNPQSPFNSUW_^KFLKRZ\WXYZSUZ\`XLKLBEOVXW_^WTRTX]acb_XVY\VIRamr}ƒ„ƒƒ|kaXJGSXaed_YV^hgWS]bnzyo`SPMP^ea[_ffbflibXNJMPUWVXPKROFFNUYY^_]p^SNNHJT^eeYVYT[add`_\Z_YRXUOdih`UXUZ]VZ_]W]dcW`^WTY^ac_PPTRTTGUc^SNRWW^YTWbig^ST_fnnkje`TSZ_YQRRRV^dg_^[[Y^_^WU\Xiqrh\_eaZ^nvr`[ab^XNIRXX\XWSQJP]ceabf`]Z\a^__XU[UUYXNU]agg`X\Z`b`]VWSWZXS\`clm`URV^]ZWUXTY_gkh[V^c]PVVX^\VPX[KOY`e`iv{wmmkfWPKV[TZ_a[Rcqsvxxng`[]`\UQNLNVUSNTXSLMSNPYn€‰†wb\UY[XOJ]ieUQRQVZWOPW\THU]`UKMTUUVYQSWXIBOPNX[WVURTXUPSQMX\PP[\USVOJLQSZ_ZWZWQSTRPMJZ^VOUX]YLKJLOX[_a[YVMQNIRUJTXVUVRMXpwttuob^bjnlkpnnnkpqljjmrvvqqpjbWS^gbSSRVW]ZRLMOLMTZZZYXYYUTWXQNNOLQNBMVTZUZdgggd\V^a_[UXelwzoSFMW`^ZY^cfee]]gkeeli]Y]PBSXU`_\YS[ZX[_b`VNJ@Sde__^ZWWdgcjprmchnjb^^XW[aef`ZY[aaXX]`]^X_dahiUN`lnffj[[dghmvuokec^YQOTWWYa]_ff_UUPTXTX_[UPUYXYUWWR^gbUORSMV^UNNOMRZ^WPJIJTRMQQISYWONPROMJJTXY[\YQPMQekg`\ONW\\YVTKDIMQSSMRRFMPWXMBKJGFFGKA@KPSOKTSNPRRPF8=MUMF<@JOBFKPORSWRFMRSMKHPUI1AOUWNEJPNMGDCLTQSWOPITUTM>JOEKJQYV[kosrtung`dc[PJPQMKMNQMPVWWKMY^eu‚„zk_VWVVQIOei`PPKCQZYTQSVPRX^YPTNMSY[XLRSMDHTURVVZ][WSPKFJNWZYR_hg`][MRTXWTUVWYVU[^XTOV]XJLTY_YUMDN\XWZWYZ[`aXQOXZZTMY^XL`nrnpxxsltvvspurqlfkorqrturrmhhf_aejfcbidYUWOAJPMHJKPNINFUVPUWRIOTNKSRMMUZPI`fa\YTQXbd[MSU[lus`\[VVXY[^]`gdPYaagffidfj`NNWSahf^RS[XSSTVYYPCKZZWbd[U[`c^\hlf]p{t`X[^aaY]`a[]dfdZX]]UXceha^a]XJ^je`ehOOYlibhnnhaeheZTRSUY`ZYahc]VRX\WGPVNMVZXXMJNKT]\UTVUQMPNRRUQMY]ZNPLKXWOJIEHPYSSVTRNH>JMPRPRPMOP\fgc_XJKY`]XTOHIQUQSXWVSTPRTTPKDGMKLOSRKV\YRWYRSQTNCEMCDHEQUWYOBHKY_YWVKGUZUKGJLF:7?IQSG?FGE=FHBCGTZULPRTUQMLIBLSOIFJLD?IMLSO?CHDDECDTlkeSEZ\XNNPY[UE=LcmdQZcdc_R^jhREP[N>QedXYWLT`bWUYbb^[_a[WXWTZ]XPPZa[PWXVX`a^`\bf]IX\WPSSOV`gf\TXTIFHFBFKJNWUMKNPLNZYQakpj_[_^^dpw‚Š…zoRX\VSKVhlhc`[TSZXROY\RJX]\^ZZ[NR[ilbZcll`OJMU\`YTXYW[cfaZZSSW[\oe]Z_cded`VNY`\QP[^aZVOFONN^ie[W`f^PPWYUINTWPT[]VLJSTKH?NZ[UY]YUTS[]YYPYcc_ZRT[deiuwsmha\^cege\RM\lmeX_^OLX]YOLT`]Z_\cf_Y_eijg`YOSY_aWTQLQQOLJNO^onqtme[QTRRWVPU]XNNOZ^VjeaaaMGW`ijdXLNSVTREasqcRNZ`SKPXUKVejd`cb]ZUVYa]KBNVWULHLX\Zj~‰hY[O@?IFJMGEQY`ntpiprg`fd`]LFQVUTSTXUVWZZPT^eny€}xo[NPRTTPblfVRRFDMPVXPMVWKKPT[ZTTXZXRGLVUSUX[YWXZYXNMMFIKKPVRUbgeaYNT]__^][WYYT]dab^X\b_a[UY]ZZTR[]VOUVT[c`VVUY^^[W\c`Y\pyzsklorsvxysnlhlkbnqllqsqoolkpqbS[bdiicVRXXROKHTRPIIKSXTSHJPTNHQTTXXQKW_UGQ^de`^a]Y[\TQPJUbheecXMQXV]hlkifii\ZbgjhikbNOTOX^ZYZ^_WRUQRVVYZXW^^^b`^`cklfilgcky{iURTYbeb]WVXbedYV]jpligkfa`]`ZUdmg_`fTbhhY[fjcX_jg^UNJPWZPPW[^\\]\XRQLPT]_]VWRHO]]RMRTWYTUUOSTSWWXWMGJKUZXLHGICHKRRMMNHA?>JQRXUNOJOVTPOILQWUTRIFIFAFIJQQLCFKJIHHHFINNCHMAQWTOPN=>GJMOUVMEBIPMHHFMQWRBGW_c`W_`[USLSZQKNUYecY_hfccaZTUPRY_YQTbdWKIJWba_UXdic_`]XY[VXbcXQQPNV[\XW`ee[TWW^XLU[\ZURRYaileXSQSWVTMKTRFHV^]]UIIQXX`kqng_XUT^ghjv~w€„}naa`^VLSWX`XW[`jgYQUVPLNTS[YYVPNQ\ec[`lphVNIERZ_^\[ZZX[TXYVTVYZ\qh[TU\aWKJW`f^RL[ccc_[STVLPamj[[c`RLSUKIS^^SSY`_IFUVTNDKRUSNKMRUVQSONEOadWQHJNS]_q‚ykbdkiba\VSY[^ff]U\\UY[]ZORY^]`Z]gh]YTWr|yaHO[_a_ZQJKQMIIM]gkhkstmg`TTSNMRSac^TT[_Z]`\acXIPahgb[SPY[SQJTiqgVUV`bcWIR\_b\\ZSQV]RP[abTNPORUUPSVZX^s†ŠfUTKKMKLLFIKVQUcfafpla_XU_]OLTXWPPUYTRVWZ[][^u‡ŠncVUR[``]ipeX\]RPTQNQIKYVNMQ[ZQNPRTOHSa`QT^\ZZSMQVMLTNBUTJGGVbeb_XVekf]ZXVPORMW^_\TRTV^gg[OT\VTXYYUMQ[XQTPPZYSWad_Yed[]k}…}k_cqyxvuspkkoskjokiowzvyvonqiZ^`cfe\ZZWTQTQTXYUG>EGQYXQSSVUNMX^]XTOQ^^RLNV_cfd`YVXURVW]disseYXVOTV_kl^VadU]lqlfdd]RKDIRXY[]b`XWb_QW]^_b^[XXRTW[^ciltupja[_`]TW]iooh_VRIL\^\\[irj____ZMP[VXdibWZ^dmh``flhadhg`Z[TTX`[Z_`^]Z_\VWXVTY\\TT\XIM^_RKZZ[\\ZMHLTVSVXTDIVNNTYRDHNHGLMMIGGRURSJLXWINVRMJQVRKOUPMU[][XWWY\_WROIAHMOUUNNOOOJNSP8ESU\fh_SQQHHRSKLPNKLKKRRUULE>FLSXYRTZURLEJKLQRTWZZUMOUUTRUPIJRUSSRLVQEHLGGBAHOVUMHMNMJJOPORWSHLThhgbba]ROQRUHBQ]d`X[]ac``ebVTWTXYRU\cg_LGNT[^YYY]Z^cgkd\]_ZbjbSLKOT`ea`mnf[TY]\WUSXXXZXZTRW^\OHEJZ`_WRQUPNNU[`b\ROT`jtrmbZOPS[]^_gkt…ŒŠ~gWgnfVQX[`acb`ehc_\Y[VRUZ^a_VGJNMQU[Y\dheac`[]`a]UJY`ZSWYLHPUTUVQvkYOT[WIPU\dbUQRZ_^\Y_b`YNPhrpnk_VT^]UMOPRPU^giaMNVU[[RFHNLGLUX\`]UPML]`ZSGISU]^_jrnd\arsfXRLMWafhfZYa^U^gdaWGJW^aYPalg[]^aowpd^ba^dmke_ROYWSh}sYYbcch`STIN^]\cgcZPLNV[`jhf^T^^WYXSPZb]UFRbmka_XU^ZQMYa]YRICHU`^VV[XNLX[ZWXSV\W\_Xez…kWNMSQQTNJNQMMOT_ltyraXNW_[TUZ]WWXYTT\\^f`Ygv‡zbOLHJY[WV^aUS^\UJEPZWLMW[WSOKFIOVXYM@Vb[UZ`YWUTVTQJSWMLPLJHMWSV`_`gjbUWWOLMVXW[[YQBFLP_fa^_a]PMPQTLKRZTRLMWUUVPORXTWZT^w…†}n]cnnmsurnjoqsngdegqusqstnbYX`adgaRTUVXMLSW[VMFNUPGQWRTPQUQNRWWYYXXZ^YJT[Z[][^a`]WQKXde_jtvm_WNSXV_a`_ca_ailiddebYOKLQRV\ajf[OY[PCW[]b_ZVOSQTW\[Wcmqngf`T^f_W]eimmke_\[\^difenpd^acbRHYbi\Z]X[\PggbZ[_]]hikh``_WZ_[\__\VUXY\[\WQTUTLKYXRQUVSS]][\_\SMFDNRRPNKLUWLLJEDHJG=?IRQLCBOSNOPQQINXQPLT`]SOWXQORTZUQTYXRTXVMGJKNTTMTYTBILNPGCMTSW`aa]UIA?EHA@B?JNPNFLOLKDBHIQTRMV[XPLPOGHOPRWYVHIMPNGNSQNUYWWRQRSJBDGICA@HNTUSOQWVQKKRWVWM?FQv€{gYYPFFGONKLXef]VTLT\\_^VQPOOXYZV[bcWIRSRQSXROUXabfigebYRdjeYJPYab\P_hhe`ZXZVONU[[]cbZWRPLMZYRU]WPUYZX[\TT[[[YPN\ippj_VQJV^\QR^en‚nhmpi^[XXY_b]Z^dc`[a_XUOSX\UMRUU]Y\]]_`chjnh`bcaWJ>SXZZ[YTTV]_UVUxfYWYQQQSQXVPSX[UWUSSVUSOMXhiinpmc\\TTVPJNP\ehcTFKQWQKLPPOEGVbfgeZTPJRVMSZZRJNVRSWcqqelvrePILMWeacbQWWPU]bdeZLRY^YQZiqj^_cghgd`df^YZdmjbWNOTYp~xf\_a_`_PQORW]ZSVWPGQXUUXcdbaZZ^^SQROQWY`]TT^b`cdWQNX\bbb`WSVUQPRSWUI@:9Q_]W^]VZ[Y`\[l„‹„s\RTWTWZVTQIFOQ`rz€zgXQPWXNP[WQHOVTKSSX`[VYdny{l_][RQQOSUNKLYZYXVVURROMPORICT^]XUVUNLZXWYWPKNIPRRSV\XTVSWZUMTQZbgd`YVVWSLHLSZYUUTMPMEQabefaYNOKIUWPLQVRSQNPVRRKP_\SWZnwxqh__`afjnowumkopijhcktninng^\dgeegcb_a`^[TQS__ST\^YLMQOSOHLSPKMQR[\UTYSJPUMJNVbe\]a^UR^e][ituk[UW^``a]djb\aa^`chfbb^TUYVU^hml^YZTNNY^W[]XYSKRU\^]Zdhgpnild]bb[U[acccdb^[^\]`bboxuc]dc_XGISXZX[`_Y[kifdda\ccgmdcd_`c]WYUNRUTTY]b`XS[_VMTWUVTTZ\[YVXYTVOFAFLWYQONRVYVX]YPORNNQOPSRB>MG6DNROLNPRRT[XYWNU`\NRZYMIU`^VXWVSORKSTONVRSUSFHNGAPQPQY`_UIPSFABAJEFPMJEILGIOODPSNJKQOFIRZ\OFOTRR\]MKEGNJGQUTSUMUYNKMII@BHE;BQRMNTQOUSUUFDPWYVIRXVu€yeRNKQOMOPNQaliYW^[YRWeb]STYU]^YUXdg`[TGJQWOLWWacaqxuj^OSchgb_^baWLQWakjb\\\XXXVZefe\]a\XNW_WMSIHJPYadd^Z[YQNOOT\bc`VQRVbgaWUTeem~‹‚qZfoh`\TUX][[`jpm_[^\WSOLZ_^]]^bb]XV^[S`otofY]b]RPSZVOUW\c__]YRSZyiTUZXY\]ZYVKOSRUZXUQVPMLJMLMh|ƒxaROPQRPTVU\cbTOOJUWVRXXSFHR^ecYR[]YXXWWYWMIMZTSWbr{xhajlaLFGMTVXXSP\`_^\\^YUTUZVTSaqvncW^dgg]V_^\VLZc_YRGKTW`gccd_[VY^[QOPUY[eeXENad_`ee^YZYXZWOIHHQPMTTTMMS[^[VTX]X[V\]PFNLOOKR\XSPSX[`_ZZUOTY^\TXpƒ„zaSWYNJPU_bYMHTeu}}|rc\RSURCMSQPPUUQIJOTV]^\\fxvbY[\XWVVTUVUY[VTX[[TQOQVQEQQT`b\ZeeW@P]UQTTJHKJPPNPVTPTVOVVMMUWbjmjaVOUYTKFPXZRPSRY\XTUWZXQNLRXZU][VPINONRMRXYZX\Z[YZ[_hqqqpe^errpnstlecjjfhgjsribfd\OYceekgagqpcRUY^`]UPSPQGLLLUZVOPOKIPW^^WR\YOHQRLPU^f]W^bZX]bYZgkmkj\S_iqoca_UU_bbeinlib`VJSVQR]ag`X[ZUSW\TNWZWMFOIQdhhkganuqojb^]^[W^bcjhdbdhf[RXXgur_OXV]^ROV]Y]`\[^cZhg^\[^X^f`_e]^cZWVWWZZY]__^ca\[_\WUVPUXPSWXWVVWUUTNMRJR[[ZWONRVW]^QHOPOSWYYZP=ILGCMWYXVTQNQYSLXSLW]ZUY\YROX[TUMNTOKJILIIF8EUPIHHKCBVWY[]_XRUTSHEFHNOYWL?=OSJOPNUVKDIQOCFRVSKJSVRT[\[TKHIFLPUMOSJGUUHCHJD<@GIGJKHKNOPXXX]ZSTSPOLMKOJ^qoYKNOOMPPN\goqcT\caRKXbeaUZ[UNLWX[hljaSLUXQR]`_^_htuphYS]dfg][ZZTRPSZdidfhc^]^]_hfaXO]ghcZ\[UUQIGHOW^a`_`d^MDLTRQ\_[JFV]_VQUNLTgt~‚‡‹‚qgaaccXY``W\cfec]X]`WNOTZ_ba]VPNRQW[WW[nywm\dli_WSU_ed\^hjgc[TKH]{gObf^^dh`XOMQVWX[\WSUURMGHRWlzuj_WTPPXWYRLXeaSNSY_\UQONGDN\`a[STTUZZ\TOQMHHXUWa_epsphloiYMSUTWUVVYX]b][[_WMPTVXVS]koh_UHTbhcX\`]\\WZ\\YYY^alqlZ_`cea[]\RRWXV^`\GJW_adebXTWW\b_UJQQIGF@JRRRTZZX]VVTPXPMPLIOQT[ahe^RQUSVZ][V][QT^b\X`qsYSSOMUU[^^ZYW_rzvuxxl^LJOQSYYVUQUUKNQJDL\fjgs‚†yeVRQS[^WVZ__\UNPWZZYVWZXFN\ZX]XWag`QRZZPDJKMQNTZUTYWPMXYYZMSTR]gkigcYUY\YOJUZUPOOXa\OJIT[Z[SW^aVMW[\VQRQUUONSX\a_VMRXVRgqokj__gjiedffid`cb^[]bltlggb]lrmcde]dnk\LQRZ\SQPORV]\RMY^YQQSQOJMX`]ZXTNRPQPOMPWVUdjaY^][fpsnpi\R^imnihd^Ydjfafc_`[WYTOWUTYWYXLOYVOT\WO[^YNJSPQ]bflbWfffhkhbdb\OScgiggf`afe_\Z_dihb]ZY_[MP__WZW]cfdYde^]edY^db]_WQ]`]XXUQUWOY`^__WOT[_^[UVZ[`a]SXZ\[VRPWXXY\[VTNJMTQTYYQMTXWTSZXSCEGKMKQOQSMJTTXSOUVNV^YRSTVVPOLHI>:QYURMHPUMCKUTOQSLILLRUZ]^[VWMMPTSOJLSRHHJJOPPRSVUNC=IRPNVYQPRSVNJCJTZUPWVPV_YHQSPRPF>@LFFQYVHBMPHGOW\ZZWTVVY]XOLOMQeseXMRVRMTUW[_ab\WX\WRNT[dfaXWVPILNTXcidWLZ\O\`\RHQWeklfa`eegi`TOOQMUYUVOfuvm^VTSKY\ZYQIank[OTZZNQSNFPVUX\X]ZMJMRPUfnfUCNUQUbeZT_js|Œ——‘‡s^S\[OWXO[_^fnpg\ZTLEM\`edZSMIMVZPHIDScln^^kpaXQMWhc\_ekkjf_^YVzl^c\X\a]SWWYXZX]d_TZabYQPT][QSZff`\[_aZVSTdi_VW\bc[[XTOHLYZZYWNPUWSXVNUSS\aZO[[[airxslii_\[VW[WUU[bhbVSZXISYXZ_[[gn`MOT[eeedeaYQQMKTVW\[`cflm_VV^cg[OTTRXY[Zb]XVTQPRSTS\[WV]b_a^]UBKVX[XY\VLEVWLLV]]WUZYKHX_^]fee\W^[WVVW\`^XX^ceckw€xgZUPRSUYXZ^^^^lnr}yh\VVTXbd]WWVQMMMSICN[`\Wp‡k]a[RSVRSY^_XMSWWQUXVXUKHLSMMXYSU[WTQWXNCBGW\[XWXXWQNQY^[QWZTVflcX\UX_\]ZNOMNTSQX_aWMQOY[WRX]^[TVVTVYSUYTLKJLVY^]VKBGTcjc[dloqlkhknljifiibY[covuqlhiowwnhhgii_[__THJGMWXXWW`_VOSNKU^YZZUQPU[^ZTUVYYVRNTYchkeea_]\gsyvn\V]deehfd_^eia_\TU[X\^]]]]X`b[VIKRMIOZYLS\ZRS\VSVZfonggaYakqrj`_\X[bjljfbdcgfebgirqfb[`be`RNVYTXY`digef__hia^ecXWQLV_c_Z\SNYTRX\[WRJKYcaba\XUXbf_RQQQOKJWZVUYZQHGMOZ[UT[WUSRVTIKPQPUUNNQNMIGEJNQZ[ZVTSOLNOQVTQOPGELH?@RWQNNOVQECOSNUZTFKPMSWYVUG@>GPSTOLNQVHGSTEJVVQJELMFCEIGNPRYZQMNEGKRVSJPWWOY[PGNOPRIBAJQHNWZSGKLONOOOOJJBDADS[TJPPQTnl]UWYXT^`ZWWXQS]YXSLEJQ_hf[TX`ea^_[\VX]Y^d][[XTKRSV_achouth\`faVWUV\]`Z_qwvk[XXSLX]]WRU]aXUYXYRPVTRMAK_d^\[SRU[UQfpiXSOVVKXgb]`instz€Š“”ŒuVTXUYY\\a^iw|s`QU\VJJPXc`YTQZa_WOTTNQfqh]cc^`b_U_`R\bjicijfb_bƒu\QRZYXUUZZ]ab^\`YNOXVPJJZ^XZZ_gf`WXUNLNLXb`TRR]fdbb_[NHTVSRPOOSVXXTROMK\c_Y[]Xaaepxvhec[\[UUZ][Z[de[NRRS\\WV]a\bmog]\gon^\cgiZHONKU]ifff_bkf`ZYagfcYRPMRZ_be\RQSRINQUZY\b__afda[IHU]]_ZRWVTTURSVWY^]\agiiaUTV[]YX^`_]SQPX`__\_a]cllt}xobSRTY^ZZXZ[_^\lƒ‰ƒl\S[]W[ec^baRITOQSLFINUY_v…‰}gebVQSTSW]]][XW[WPQONRNPHJHO]]\WSRSSQTRHKPS`d[UWTOPQTYYWKNXYVafc]_YVUTVVKIIHJSW]`a]SRUVY\\]__TNOUVYZXQWVONLSZXQVQHRY^cjmmkor|uontxvrswwyrdZ^jppjfeemtttwrmkjie_]ZGJOQSSROHNQQGEHPXZVPNKFNTXTR\]URXUXTPXcimpmfcjhcly{wrha]ZZ__aacfie][^dgdjfZ\`^Z\`a_WNJJQU[ZQOUTV]dbXT\dmqlje]\nvrjhh_Z\cihcekoielehgakpjfb]bce_UTQT_b^[bfij^ijlhfkjc\VT`ghc[\]TLILRPWWUSEKWXPZ`[UQT[\PJOGHIMTSIKLQROLKNUZXTSQJLQVZ[WNKNPTQMQWVMMTRGBS[XRMTRKSYTNPGGLILSSNKOWQHSRMLJRYUNP[ZKIOV`_UOKHGLPUXTNJLNSPITUI;IPNMIEGLQONPKGLRMEFQSTZVQRKGRWQFHIKCGJKFHQTV]cbZYZ^ab`VIFMPRZZPJILJO`hd\_^]ddaejlf]d[Zed_[VSSPTQWbafnqrkiaeomg[\da]\YeqskbSMSQLQRRSW^db][RQWZSUXTMQbhidXKQV[^VYddVMORYLM`ea_\X\`dgm…Ž‹|ng]W[TR\jnqx{s]RW[^YGHOV^c^MNVUSY\]Y\gnmbZZVT]cbcfdVVa`Y]dfe__fewmUS^YU^cd^Z[a[UV[Y]^RJBL]gbZ\]^aaZXTSRFAQUVVUTXjpme]\VMVYQG?GIHFINRSSOFPZZ_dec_ZTWkuph`XTYa_[ZYZ[^fe`VQ[eg^U\da^flm`]gpl]V]eg_QTRNXfmiehb\[]aiaclnjca^\\^hcaeZFLQQXZUZ]\^_Y\`\Y]XLJX\ch]PTRVUMVb\QKa`ekje\Z[\__Z_`YZYXSRWY_]`^U\fhgyzm^OPTV[ba[VZ^\j€‰rdd^`\OPWahi]O[^ZRNPGEIM[l€tgYXZRRUZ^]^[Z[^ZRLKHKSWXWVZ]]\UKPPJLUQSPFNTNEIONOILO[]WHJW]]ZS]`YWPLJDEJJIMTad^X^^QSZ]XV^b_VPFJUZ[SSVZXXUR\YPQPMS\ajmwwy`kmpknstpjlwwqhf[Vahdeqvn_iuvqklpkif^[YGKWWUXPFKPUSOBIOOJDLKIU[]]ZTRW[QQRSTJGNV]f`ZV_da\ky‚te`][a][ZSZhqnc_chghhZVa[WXZWY[\VJSVU[^YWOJO]b_\_hjniijh^cstmkljpqe_geekkg_b\^gbYZ[`_^_bcb]WUU\`^]gidfbXie`[\db`cfgf_YWQSTQLLRQOX^]XXXWKHY\[Z[YOHR]\SOUZSEEHMOKLRVRNRSQJCEV[[^^UFBFJNOMKMLMX]VIMQVPFKYX[ZZRH?ELNNQLCGOTURQPLKKR]]RKSYTPPNV^_RKQVRNRYRMRRRUWLFMKDNROTOCCFLX^TMMONPVNIQZYW[WODDPMGORTY]ZPJGCJRMKNJ>?GLIJ>ELCCGOX[XVWRGEVb]NNRSXYQKCEKNLMLILPSQNRSIHPSLMRXXQCELKFGFIVY[\X[^UX]YQHGQWW[cbYSOUQEYhihc]YTTP]fdYW][\QUURXWTPP]bac^fkmikfb`dgfcilh\UVRQ\c]RQEBUSK`c[[^ZZ]dca_dd_\ZWXVSNS^b`]hpk^T[XX\\]`eaYQV]ba]hy…‹~lid]XT[^VYcgf_VPKMW\Z[c`XUUPNR\ZWKRUU[_]\[]dd\RQQQY`d_WZ_ZTNOQUkprsmX[e`^XQQVRJYe_TUNLR\bWIOVX^cd_^]WU]^XQSYWT\^Y^kk\OUVZTWYZYS[b^YccPMXjog\TTW``YXjonmaT]_^c[OTX]`cc^Z^^]ff^[VSSRNYjuxkUOQU[\QR\QPZZPLX_XT^feaZ\g_STZ`XWZaa^ULMQT`hgcaenm`NNY_YZ[YT\dg``[T_lrl`]^Z^`ZVXWXWQNOUZWS_cd`HIT[YZYVVZ][^clx~€{o`][WXUR[dgcgq‚‰lUSSTWUYUWb`VLMOQOMKSV]_ck‚‘~^PPVULNMLOTSRMMUQUSSZWJIMT\VQSMBFPSZ^_XRPPMLJJIOSQMPWXZ^c`bii_QQSXQLNSTZZ[WTQSSUSOPNMQ\[dea[VW]\XOPKKLKKQYYUUUYZQQYX]swrmfedhhiquqqmlmjqskea_fkomb]abTPeok_`rwre]UWVYQVSIJTZWQOQUZTRPIMUVUKKUUQLGSZWROSUVX_ce[U`p|€|rbY^^^_aaZ[_]Uakjhead\ZW^\Zcigc\[`^ZZYUSYYPLQVbdbiqssxvd\knpsqnjgeike]_aehjjfddcfhg]dlgb`cdbbfedkpqigda_QYahmja\`efb_ZWXXWVPTWW]da\]RNUWWXb_UNMT^_WPNOTMRVKDHKCOWQQ\gh`XXQKRXVTX[SI@CGKKKFGQQPUVVQPPSOSX]VLLSXZVKC;>FHLRMDLPQTRMDFFIOYVKKZ`\[[XJ=FDDNSMKRVNJFHLLNMJIONCCJNGGQOHCCPVRNQURPYddUMKKNVQLIA>JRNHFOSZSMMLLFLXTNRW]ZSJNOS\[TNSX\`]S[g_XQHIENRLS]\SIMRL>RafaXURLNRYdc\YVX_Z[]XVWODM\afh]Taptm^Z[^ac_dilh^b]Zae^POLFPRJO[[]\ZW]`b`\XYYWTPTUXTI\c__jssjLIUUSSYYYSLKIT_d^gy‡‹‚wj_`fe`\ZQU__^\VTOOUVQWUKPZXWUV^\JFPN[`dfeabcZV]a[VXcdWU[WSS]_\`myzoa][QQW_ildVabXNNOQ^g`SHP[]`edeifbcaXTMLTUX]YYiuue]ecYUW[]YZ_^TbfYYXW_a]YPKV\VU\`fkib_WXbbYRU]ZS[ejge^]\XXZ\]]SS_ntpg[XRU_e`SLX^_ZX]d^Vbg^XPKVU]`YWZ]aa\Z[VMMIM[g`PUaf[LNPRUZTX^[YZX\^VS^gi`^\XY`bWQSVNLFGRZZLUhokXAGW][TPTXXUWacdr|ypc[[QSQSZZ[_cju„ˆ{e\YY\YYW]gkdQDBIRQPEP\fb[fƒŠpfXUb[TSSLINUVRQOKLRSVPSTPWVOQVTMLMISVOPTUWQHPQOTWPOXXUWTbhkjbY]^]_UPRPUQNSRLJMU[YVWOYdhfc]XOQNMNKJNTZVTVZ[]aaa`UUTWZkuokhfmuvsruqljlkejnpnd]RZhlh`_^_^`gfbenqpj^XX[UPSUOLRQUZTRUSOTUSSW[\VNWTEMPRUVXUSRO^jlh[MZi}{pd^Z_YYUYYWZa^]^^]ZYXPFR[_]V[^\YSY^]\\\[^`ZXRX`d`[]cmsseXjtrmgcf\_gnoga\_hhlphaZY`^Z`^XR\cdebnngedfaaie\\\YW\ac_^]VR[`e]Z\]^WXY\WVXTQQOTTQPY]Y\\T^gdTRWSLIPMKLQHDQYZ`kngc^^RLZ[ZYWRNIGJHILJ@LOHUXRPMNMOY\[S?8NZb`YRPFGFHIHEBFVVUODBEJFFJNOKVXVPQRDE@@NOLMNVULLTUOSVTDHNJFMOJBLTULCGMPLKQRNMX][[WOIMRUURKPPNMMNQSTUVNG@JSSQRZZMCMVX]`YV[]ZXS[Ydd]TUGCLPSPRYXUUTXZX\\[\SWTRXR\_ffYTWRQZXPGFLPU[eljmlnpk`JQ^[YZS_h`Y[[^\XTWSJFRZZY_bbUJDQVSPRUYXYVWYXPRMR\dchuypbPVSRIKPVUWULQXY^_m‚Œ„€{kb`hcZYZ[YY\\YWMEY]W`^VVRSTRRSXPORIOTSZ]XegbXW\XXU\d`PKNKQ_f^\^rtnh]PU^`bhkeZRVTPMOTbjbWPKTWXcjhaaaemlf^VYUXbe[Vhuwpje]]YT\ZTZ_ZRNN\]Z\b_\Z\VVTSXSYmvskd]X_c`\ZOCF[gha]\hle[Y_a]NQ\ioncWLIVbibJSdia[]ZY^lnbY\TRTelfXV]effc[WTQTSSdi]PNOSTV\`TTZSOVWTPIUVPOTWWTWY[daWRMTZY\\[_RKXjtrgSEJX^YUVVYQNY]\iu{xk_XWY^^_]Z\_akv„„zj]SZ^][]_eheYMW]\TVTP`c]^nyzwrcCNYWUOOLJH[]YQNW_ZPLW[WVXMH[]VOQXPMRYXY\QNUT[YULFS]e`TQV]ec^_bd`\WPLSWRVYWSTY`[NMKN\cgdZW^`TKKOOTXZ\[SY\[^^VRTZZO[hrkfdepvsqprrhfhgdfigjie_\fijeadjiehgddd`Y[[]VaaXXWWPHIR[ZPQMHPVZZXZYWSSWPILOVVXYVOQ[ehdbbUYinqqqok`cbVBQ[`aba\aiifb]_[\_ZSZ`\`]VOV_`ZVXXVX[XRXTREJXdji_fqpe_kml\`hkifebkonpmi[T_]V[daTTYX\Xdfa`dihjok^aij_^YY^bZPTT_d`Y\[YV[[UXXQQPTPOMIVYTY]]QTceYNRRPRPIINPSJGPP[iplhhdYTPOMWSIKKNVOFMMPURHRUGEPWKKYXZWNBHSZZZVTSTMKGEOLABFDBMRTTPSSMMLOTPILPKLR[[RM[aWHFCEKHHKFXVMCCEDCEUY[]WQVdiaNMUTLORSK`_cZOJFEIOYgonf[SMQYWWW_b__^XMMbolXW[PGFOXWVW^ffXPOaqwvzyqcY^faVPYfjfgdYTY^[OPWdolgf`VNRUVYe]TTXfgcdg_OQXULOT\gf^]\VTVRMMSZ[Xb]TWX[jv‹Ž„{upiif[YYcea[VZ_TSUX[YXY[_[XUONXZMENQLTYblkhaVRMMY\UOY[XTPV^YU]bb[jp|€ueb\NSXQOQTXZ`f]UZ[RUTMPZgjcZY[[ahihe]YVQX`bW\jlgfjc\WW]YQLMVXZZYZV`fd[TJCEM[`[L[oqj_SNQTWYURTW_b_Z^gdb]VQUVTZfqtmf[RQQ^adc[XZahkkhhlkj]ONQOT`hg`VZdibWNQYWXbd_VQXXNMTSO>GZ_ZPSUQNU\]QSUSWX\YTX\TVSOPUWRHIW]UU`gggc`]YYTVYWWUTXo{~wl`\]UQUSYWR^fqzynWTZccc][YZWY^]ZSLY_ZWW^hqx{|u`ZULNUWZQCKJR\XPSXXZVGGWVPQUUbcYRS\ebYIY[PQPVZULQ_aWT[\[WRZdf`]^c]POSTLJMTcf`^`]^`^PTT^c`WY[TJBDOV]ZPUURXYPQOLJLQR]pyspkU]lsnehjlpkdahlhacchieddbghkkhbdc`\fid][]d[_]OJNTULNP]bZNU[]ZVRPKNSSRNXZUSNRTSRP^^TY^]Waszyzzulged\YXNMT\`\\afhhca[]d`WRQUVLLLQZUVelf[SVSQXZX_jnmglprusgWY_glmllnmnplmhkg]ajnne[^c_`]VX[]Xaeb]`hjfgd_d`YUZ\ZUPUTTQP[]]\]``X]``a[QSQSZ\Yadc`^[]a^SKKOUXXSNMD@HQYghc]\\YVTQLHCFFMKLRNMKPSTRJQSGFIRUWQLWYKDMNUX\YSSYYVTX[WNJTWQLTYURKIEGC9ELKRZZQNJKORTRQRPRTSNORSQODGKDB@DJIKOTRONQRUVSNNNMTZ_[TWYUFEGFKGIEFKPRJ=BKNHRYVR[\XZb\RQWUNTVTPF`bfUMLMNLLU`johVN`ebVPRXXTNQUU`klfa[TJLPWdbY]ef_RXdmqklyyq`Y\^WKIYbeghaUXddac`dmokgf^RNT`hh_[][ahjjdVJQRIGNLO^ecc]VWPQTNGWabc_QKSZ[nt|„‰‡ˆˆ|\Q\[TOZb\JT\Y\WV\d`VYa^]]PQUTLJQRNKN_jmjf[UURJL\YW_[VQSYVTS^g^\qx{{wzvdMUZWTRUW[ecXX`[[b^^daZWUWY__]\_abadc_adb_emhlqpgVL[e]UTVQCRaikefd[QSOELXfhd\]de[]ZX[VWWUY_^]WVZX\flbST\^_fmqljihefkl`WRU[eeef\WjspfTOVXZ^da_ZVLYehbFHPG]cdWNQVVSae\KDT[`eheZSRYTKSWRVZXY[X_`[QU\]ZTRUWXVOJM]ee`[URVWVZYXU[[jqv}vc[ZXSQYUPMRbgkruk^V][]`_XRNR^`\YRRWUX\_cmqqwysdXSTONX^XQTXPQWVV]aWOHQULGLRcjeVQ_fe^Z[[TOSX[WKFW^XTTXYY[XT[]\ZX\]WOTVPOPY[T[\\YacaYXVYWUVTVVJEOGMZZVQMISZ[RGLHJU^\deec]pvneglpuuphorogeknnjlka^glonbZeddgpmhcaie^e`YUMUZXNOZYQPVX[^\XMLLNVSXVNOKSZRNYfiYQYWTZ[fhmvyoeckjd\Y[^^dg\PZcigfdZVXTVTNQX\`Z\_X_ik`OW`ZNU`dikihbgklmieccahkpldalwvlmke_]dikbTW]YRY\Y`\V\irusrnh]UT]b^a]YZSPWRQOMR\VTVZYUPT[\[TNV[\]XV[[Z_fdTSUQOGEPSQ[a_XRYdlpqk]UWVVPKH@<FNRRQU[Z[^aa^\POXYWUMFAHQSD@S`^TVWKNemj_WOGW]ZWVUWUTMKSU[ahcMBBKW]^RJWafcVNSK]iqv{|td_[[\WSTSThqm]RXab`dejnnh_ae]YZXXHK\\bmokaQXYZUMSZW\ntm_Y_VKMQRU\ZWRPY^TUinlo{~z‡‰ymkd^\Zahd_[THMPQW\ZY^`]X[ccYV`e]OAHRcnmkfb_[PQci^RQW\_\XVSUUXQdmtvz|xmTWXVV\`bihWP^^]^adWUYWQN]cgd[YVUMDIP`nocX_fjlkljaSOSUQNPS[a]TMV_]Z`b\MGQ[`a^``_YWZYTGFQUQSTUUSQTenmg[ZUKMNXehd^gjcW]kcWdwxjYRW[[][UXXUNX^ZSTS`abnsjaYd`YckkeUTWUTRQQTOOWZ_gie]URUYVQV[VLO\a^UNW]\W_b\VX]ZUU_ikeZTNRPP[b^\UU\ju„whbkk`Y[YXX`cer€~tbZ^`a\QPSOSYZWWUJLQV]XUbu}yqhe`UPPUQNLT[XKGJ_pm`\ON\c`\bcecaafd]SGGUWUTVQQWWVSRVY\YKKJU_gdZ\^b^UNMQY[X[\VRVW[[VKTYKJX^_^WKQVKORR\jjkbemneRIQZ\gha`fcfbdinkqspniijiagppolihddlneee`bllb^jmga]Yfmkgdf_XRNHJLRSSTZ\ZSSVWTV]ZXSJNJMNPPReh`\ZZWX`cit|~shokb[ahlgZV`jhjjbcd\[a^^^QNNWac_WPLRVPZ^XTX\]^ca`bhdguwn\YbcVW_bab]`fbkljjfildddb^YWZXX_d`YTWdcegaYdgijf[SYZTTZ_[RXdd`a`YTSRX`\_^_`YQTYZYVZdkl]RRJJT\XQQTXY]accf][fgflkbQPKADSRMIFIIIPRLQQRHHJIFHPOOOEFQPPJO`eYPPSXTQM??JKOSTXVMJNY[UQSQPRRQRUXZK;KTZYSVXUKMONSTLRXZ_TQQWZRQQZbbWNKKLNNQLJMPUTVSIINTMFJHFIRW[[EDMOF@JPTLWZ]YMBPUY][MFGNOKQYae\W^YPZfb\WHBVb\RW\bd_XRTZ]\^ebWOV__[WLSTVXYZXQWjssovzn^OO[`^OJJO[\[XY^bcgg\VemmofY^`[PRXUPXaioiYUX[WRQRORlvp`QVWNPVQNWXLNNQXUNY`aiqrxˆ}vjaYXVT_fe\SLQOPXVNM`b_UTW]XU\]RQZTUirmdbb\Z[X^gc\]_]`\Y[WSUY[YgpomtvsgfaVP^]]bcZ]dd_[\ZVTTPKN]jpoeVTVWUPQ_hjeb_[_ebdjhb[RTLBMXWV\^_c^\Z`f`SQ[aa]WSaec`\YZTPPMPVXSVSRO]imjddf]UXWZa]Z\_\V[jl`W^d`]YVUYWURRPORRLV\]VU[bemkc\W`cfkif[_ea__WXZWVW\]UO^]ZTTPTWXXWOSZYQKLMJSbjjaVKSTVYV[_`ZXT^adki`STIL]gq{zqeglbQMSYVL]_bz„€lVPVY`]U[UGJTZXUSOKQ`d`kspmoned`WWVOUWUSXUWXcuuj^TMNZbcff^VRO[[WSSGLMAQXX\fcWQPUSQQSTOMTVY^a^ZXOPUY\[ZVVYRTTV_aZT\YTV^_[SEKUPLKMUgtsnfecYUVOUZ]fd\ac_edgjmrrjijggca[cmlfknngloljgfimqmfdfikpoqoebdli^XSHGKLOTTPNPIGNTWZTNGJKBAGEMSTfqjZVTVX``diu}{nmnaX`igb^[aa]df]`je_`ZRZ]WV[[X\[PUSZUJSWSUWY_ih^W`gflpnk_^aY\da\\^aefhgccakplmjf^YRPTQV\dc`V]baee[YVVaf`TS\_WS^b^Y]`ZXZ]XSLTVZXTVZWVRRX^UOXbb^VPTW\a_POX^dijfaf]XZbjqsjXXYSMMNIJIOROPRPPQRNLLKLOOUUZ[OHNNNP]a]Y]XQSTQKGJMTY\XPAFJMSXZTLMQSWVQKURIOWWXZ[WOEHMJHJQZ\\VRMMQSOMZkrn`TFCOSTURJHPRNLULIZ[RNMNNQGGSUSSKIB<@ILOVRTYUMQSV[^YNFU[UT\_XWd\aZ@LUWZTLMW_`XRXb_\VY[STXbfaROZ`\VNOWZUNPJAOZ_dku|~taNM]bYUQRV^ebX`log^RLW_gki^^^[UPY]XTS\iha]URUWZ[USgtp]PUZ\XPQW[YNJPQPNPRPR^dltzv|{ncXPS[^c^XVSRPLOSIW]UMMZ^[OPUQS]ZZkrk\XYSV_b_ab_]XTWZ_]\cbZ]WPT\gkjigoy{sd^giic]aef^[ZXLGTTQNOZffc]XOPWWVVXY[]ZVVXW^kroj_UVVU]`]XSQ[_XTTXXQU^c_ZUNPZZ\\^`ZORQSYZ[][XZ_gihd^chhf[KN`fcahdede\XUUWX_`YVTPQSMQWa`TQX\ZWaiig`[dnmcXTZ\_ddcefe\RVZ[caZXYTOQYZ`gbWTQUXUWYUEWgmg_WORMUYZZWMQV^gedgdVKGSU[^gw}tgebYWUOIHKX\hx€xjYYakmec_SQW[^\VRUXbijntrqyve`e_VY[\`da^]X[^nxtf[SQRVVW^]\WRXYXW]XHJMZ]^bf`XVOJKHQORVTY_^[]_^]ZWYXTNY^XTPNRQVYTMU^caXW][MOUYWOST\krnmj`IOZ]WSU^b]Zkpqmnlqtqmllnnb_ipsrncelljliefjklige^^dip{yod^`fi^NQLLIHELQPJKOKLMUYVQLIQNLNQTTUYiogc\XTV^ediy}me_UT]a_]ccdhmmf]didaYY^b[ZTTWW[^eXUTHGNYYXUYbf`][_`fookdWXV]b`YZcinpnhdldRZdijke_\TTS\`af\SW\]cfcbc^ed^UQOW]XZZTTTVTNOVXWTLGNNLPVSS[Z^c^SVUUXRJPUSMKMMYdikligdZVRWfpqoibUBLRPSVY[VLPRNLQUTLHMLKJMXWNIGDNPU`fd\`^RMSPLNKDMW\XJBMUOS\[UQUUQMOINUXQNUPPRQNIECHGCAJRWRIKKJJJRZ`kvuhWJ=FHEDAFORYZUQNER\TMKOPNLIEIRRRMLNSRRRTZYZ\VOPUZX][NMSTTVW[OV_oq`LOTW]\JM\cXKS_[YSZZUSTU\eeWNSVWPSUV[WRONWXPXkquz|ubWW\[ZYXV^if]`iqsgTQYYX[\Y^bWVQT\Z\XLSZa`[[\SP^`Y`kgYUX]_\SLT\\XNPPRZTY\_jusrvuu|ƒ„|l[TZb`\\`UPYTPY\YVUMFOTRJJPRPPRU^cbbgcWUagcb`]XSXZ][]\foh`YMO^ellf_`oxxpfhigd[WV\]XTTTURX\[VW_aef[RHWa_\VWNMYUW][XfqslaXRT[beg]RKJQWONRWZ\^]RS[XUUQLLQ[[PTZTW]`^UQJQUYUUU_begdebkqqkflmf^UQLQXUTWWVVZa`XOPSXZPSZZLITR\dglvyrfUK[``\ZUXUSGW^Z`ihaZWPHJX\ef[T\XQQW[\XLWb_R\V^bbca^YQIJS\^MXjl_VYVQ^ho{{qe^SMNEGQY`_cr…zh`gllhc[UMUV^baYW[QZZbgdjuuibif[XZ^acdbZXa__dd\XWUIO[ZVY]^YYZ[WV^[VUUXWYZZ]`^OEISRPX^`b`^^bc\YVSQLKZa^WRNQRPTX\]\^cZTXUILPVZOLSVhofbe]LFRTXTW[^[`r|}peglolfjhfh^[elleZ[W_hiffbbiiibY^hhiegppb]a^\VWQOLKLGBELPONOMLPOKDFLLJLFRVQLIOV_`_b`XUZafanxytf]WU\^`ckplhkeeg`_ad]Zbb^XSYYVV\ZJN[VMHMXVY[YX\_a`cegjga]]Z^`bZUcefiikfckg^gje__acaYNX^^]TNUQX`ebHXbbb[W[\`ec[VRXXNT[XSRUYWXTLLONHWc_RX]VPLTSPMPRKFFMPXcimolhfb_ZU`glopld\XTPTW[d^ILUSGLMOMJTXQKRRPI9GGIKDTdg^USPONKJLLGILKPSJIUYTPLX[YXSPPGBINRLNGCTULDAITZZUPVRJMOJRSMP]loldYPPGLNNNKPSSTZUQF@HQOHLPQOKKLGMOMLOSTVROPUU[[X^_ZWRPU[WMDJRV]YTRUnm^RVUY\VW[_]TZcaTQWWUTVUKdnm^KEHFLQSWXWSX\[^ilnmpqog`YUMR`]_jja[_forl[IKJNSZ_ceda^UUUSSQHObjf\YWRSSLT[cddaae`WRSUYTNRKHVZ`XZittqons{…ˆˆ{eTPW_cgf_RQTUY`_XTUSSTTTER]dghcaZZ^dc_[]_^[[TZXVZ^_]U^llbYPQW\ZWS__elmjjmlf`YRMLTSNPV]\Y\\YTNS^gkgb\_hjaYTSWOVbda[cimjiaZUZ\\c^YZXUQUUPV^b_V[db\^\SLFLQNQWVTTURMSURJUWXZ_b]X[doptvtoabb``b]USQT^c]N]kl`YX[^ZQU_`[SOIP[hoqqjf`MNZ_[TQPQYadd[T`gfa\`\Y[NOciVQ]PFFGP\_NGSXYUJ[ca_a^[\XQORUVRhuo`QRTW]]kqvujWVRRWX\bc]]r~{mb_aUQRQPRRNZcaWSRQX^`ego{}vj^\^dc\ZXT\VLV^_\UUNSZXVddVQVW\[\_YRR]a\ORXQFJT\`ZSOLKQQLLPWhokb^TPW\YRW[VVSQSSRRY\[SKV[ONMLSVYQN^kkoqiglfU`ga]_msjehnsxtnoqk`hopl[cgkhimlimmmkliiihhfSO_gngcig_ejhfd[[d`V[RHJKKRXVOQZ^XWTOSUWWRVVTPLWY[]_hdaa^\]jrv{wkZUcdhihljb]Yeqoegf\ahg`XU^`\V\cZQZ[QRURQT\[RX_bd^ge`fid`elmic\X_krqope`gdbggegoqlh\ZTMXZ]`febcfZRZ\^`\XVYjgaSJVWVYYWNQY]Z\[W\^QMQ]bZU]daWUTVLFJMQW]\VZ`cmmgccb[Wade[Z\add_SIMY_[QQYUMNHFIJNSWVUQRVLEDGNNIPWZUTWWNEMPQOIF@HVOCRZWJPV[ZYXUWPDEHEEIHBGOPOMQRMUXWRLDIPHMVUW[dfgaUTTRRORNJQQLKTWSLKRZZSU]]YYQJONOOPIUVRMNLKW\_XWXQPNKMSURFENQQi^SVTYg[RRUZWVTX\_XQ_geU@KSVYYOYfgaNAIIJGBNUVTQTSZfnhaagpxwiXRQ^`]gl^U\ajnlbZPRXY]_^afd\SNOMQZXSakh^WNNUQOST]fmokjdUMKOXWQRLMNTX[V[isojfhn}‹ŒwbUITcnme]UOLLT`[MQX\[__OOVhuunlfZXW^ffacec^VUZ``\\ZVVX\_WQUOL[Z]aiomdmv{yteZQPUUIQ\\[Z`][YSTV]cji^Zfnokf_XQSY__a]`dkoneXUWYegYRPTZa]TXaeaZY`[YYXSHFMUVUS\b\MHOVWXOPZVPSUXXUYahjnlhf^XXX^`WIK]fjaY^igaWYVX[]W[[QKFOST^mstkaNHJU]WMJPRT^db[XTZ^[_`TSYVNbmeMOXMLUSVW[QLVX]TGQPX]]__ZX`c][UUdjga\]_XQZky{tkcb[S[_^`_[cx„ufVLQTXWUWSZbdVMNNX_aeejoyztbSN^d]YVT\\RHBMVVZYVUX^ffWCCKNU[a]WVT\[GMTUNJSYZ\]XKMQUYWVUaoqi_WY`^XSRRROPPSSQY\_\WNHXZVTTSJLQSansplb\ed]hsqmkoyxmklkjmngpzqbltrndmqqrpkhennaajtuofbojc`kppiafeefgorgemplh\U_[IMWZRHRUWXZa^UIELOLSXLLS[_\ce_\YZSajox|xkdnmggb^\\\Yekkjheccilg^Z_bb_YcaWUUUXVTRRW^PKUgjbac^glkhfpsk\[ihjsxyqjc`\fonlfejfa_^ZSW_efgf]XUVWRLX[][X\]][SSRUUUVNIR[[YVX^`a[ZX^^ZWXUQOLKJPUNNXeidYZcfmnld[T\eih`^b]Z]de\T_c`^^WQUYUHR^\ZWTTJDLLOMPYXUVZY_VRWQMPPKJOOMMTUTSUSA0EMLNOLSUKGNNLMLRSLKRYSQTQKRUKHJQWY[YX^b_a_XTTUXULMQTOMOLMRLEEKWLEUZ^`_ZRHBGNQRSIGOTNNW\\WSPLMPQSIJKFEILKbWNQWeh]XQYZZVJU]_UYdheVV\Z]aZQ\gf_SKMTVQILRSPJLKLV`]]^bszqaLNaiidc^XZU]bb`WOPY\[_]PWa_\UY\Z^cghhhbWSUTPPPQQXemifhf]PKT]\TVTUUQNKKYnyteeik}ˆxdXUOZefZOGMNMOTPY\djlfYV_gxxk``db[X``\]b`[VFK[_ZMDMRKO]d]YSDFQY_isqecqyvcRRY[WUZ`]aa`^]ZZZZ^ih]TZ^[Z`_XOT[Y\^]TXcjptpcSLRZZMQTZbaZ_ab`RWbb]WXUJBPUXWV^c_Y[XRIIO^jja_SJSQMbkmhbXYbhe]VZWVRV^bb]^gokb[SRQUYZXWMBIMEQanrwtha\ZZ][OOW[\[^^Y]XWZS\WMRMS\^TDDJX\WMRaqxn[ZMS[dkqwtoimpomloniqxbec^chjotnhqtsiggipoeehmomjfgjjnndcadffckomjjomkq{zxqia][RKQPPSSRSRMPRNMWRLFOY_d_S\gg\Tckou{wnhb]Y\edehliacaahfdgdmrhgfZSbged^RQRRLKIOSRY__NMX^d`[juwumh`\]eokcf`XX`jjigb]\hy|iXNQWIJOE_nsqqpni`VX]YXWUQQLV]ZUWUSYd^X`hfgjkd`]]bda\YWWWWWX]^[_^X[gokdhlosm`Y]gnrma]]TTY^]inlkkd`jrrha_YIOTZ[]^WYZ\UKQ^[[dmmi`[a\UPSOMQQSVTRX^_bfb[VXPJKJJQX]_^X[WOOGEQROFAJTYaZJAEHDFQUTOSL<@MRPNJGIGKPPABP[]YRSQQNLPU\XNLRQMAPVRHCB;HLKUROTKOIGMONNTYZPHIIDHOPKJMVRMBKXUTPHJICCJPW[YRPVWOC9JRQQSROPPKMU_kme\H@BSYTSPLMMGKPONPMQRKHONV]][ZWZ]_YRJTOCCJIJNW[_^XZ[ROJLLV^`ZMILTROP[USZXNLRYY]_YSQZ^bhkph^joeXRKTZ^ddXKHYX[ZORO\glh[Q[WUSQMP^dcUXYTWYUYWONTW[fj`TTX\YWZWVSSYUGJWbmpoyˆ”“ƒnfsxqZTZXX]`\ZVWWVPPVVXadb_^WHCEQYVZec_YY[`]RPQR[_WOQTYZWSX`jTcdggcZXZ][\Zgousj[X_^RRXXZZ]^XRRRGJ\[UNINeoh]WUbt{q`QV^e[Ybb^fje^]egc`VJRVQO\gy…ƒwg^_ebdd^Uddac[UU`_Z\c^[\QMVX]ZDIQUbfZ^ba[MDYeki`XW]a[QKPOQdnjaVNLQYfe\VYcgginka\a_\[[^[RQZ]Z]aeegcVVWPRTYWNRXJQkk`]\^ad`]a_]SXfle\Y_bfa\VTRY]hghnnottkZRPY^`bban{ƒƒzh\XWY[WUVUSP[_bdYW\`fhjmvzsn`]\]__YS_YJ[_Y__Y\^UTQV[WSNPSSX[[\[VX\VOVY\^WSU\Z[^\SPRQTanneaWGGFNZaba\YOMJISZX[[SLPWUSUXXUVYWV_jtunls{}yvsosof_m|~ulkmnnjpspicaegehhd^bflnturlssqjdiooljkhonhoswztqqkfXN_immppi^bhkki^YXUTUX[X[YSQTQLJZ]ceb`fnuxvjbb\cigf`URWY\_gqodehdhig`dhnnnjf`ZWZYX^`VQ\flf``^[\YTUSVhstqke``b]Z]b``[X[fiilkdWZRLY\`b\[ZWV]aRY`d^_foodYX_ZU_][[\TRV\`^[TZ][``^UOTVXQFQZ][YZYWSSPPPX]^`a`biq|€|{vfbc_achddccie\YY[ZZaehkia_hkki`Z`corolj^^empmcbd]Y^_ZTWXTRT\`e[QJMV[UTURNIE?=FTRUXSLHHGHQURMJIIHHKMPLQMMNPUTHKPMJLMSWW[[XSMLJD7CONNILMLPNJJPcomjNDIRWWNHINQGIOSOKQZZICLUVQX_\Z`b^UQPOHGQQKMPZcf]HISQR]_bd\QOQQXWSS^f[WVSMRacbb]RMRakogjqldhbZTIHMP_g`XSNJWdd[T^hjc[POLLRW^``ikc[XLBKY`bZPV\]db[RKQ_dc[RTYVXRLOXY`gnl}Ž’‹wbftuj[\WRN\`]TPMJMLWYSU\^WSQONIMY^UT\cd^W^`YORVTRTOKVabVUbknf[fdg_KALLJ>6@FFHN[\QNPIR\[SLRVRNDPSVXV[ebKHLPVXXVMRVRTZUE?ELOHUaYRV^_^ajOPKJPSMS^[IO\\PQU\WZgaLNOGHOW]_XWXaa_ZZ[Za`[\Z[ZVV`pqbckkmnfYXXJPX_bedc`\\PVVS]die``a^][Y[UWW^]VWXX[SRVSLVXTOZ]VHP^b^Z^UIFNTWRTT[Z\emt~‰‰~jYPRS[WTZY]a\VODKPLMRSMP[ZHCDGJIQYV_f_UKJR_hibQRUOMXZYZSWmtm^\UTXTTUHLVVQ[`d]YeklfXTTWTRSZXSOYYWWPNPUYXZY]XXYU?IR__X]\WWY\`hdXamppgYMTWY\]Uew||ulQAU_[WWZURQSK>T]\`YQSU_`ZWV[dgfdYU^]PMUQNRSU\[^VS]eg^Y_\]_b`VPTSVXT\caaefZS\ZJGJPUYXURLV]ZNOT`hi`RNWZUPRUQTRX]XSWPUSSVZYPHRX[dgdWTTSVWQEXYY]`\^bbowtlaXXX_\QT`^_pwqg^\daXUY\]YY^YRUSRNRZ_uƒ…€xk`RT_gh^WXRV\][VSQRVZ[TOX\ZUUX[ZRS[Y[[_d`VY\TLUWU_cZSXXZ]\ZZRSWVNSUXVJQ[[\fe[\]^\V]WTTTTSKORNLNQVben{}}{lahkorrkgiigehqrnlnvxodgjknng_Zcmibahs}}qimghnj\Vbdhrspoqnhd_bnvrniktvnqrpnbWMSQWY]YZb^QPTSQXZWRNJV__eqƒyg[fmkhkhc]eg_V[]Z\X[\aeikhfdbfomb]`WRX^][X\]dkmfVNSVQJNSdtyronqrqyzsaX`]kvqe]XNNXYZ`fgfgf\Z__[\]XSNOVLPTVUMNSPSKOYZ]]]\_acecb_GEPU_]\YTVY`d[X[YY`e_\^[Y\edgjc[ccdfb`Y^ffheejkgbdg_\bc^goj^XW[b]XZ_b\_efedeaff\XYNNWRJGBJQQIGPRUVRVSMGW\^WVVSRNJ@EMNKBACNURVYTPICQZVHB@AFSYKADBGFDHIKNID>BGHPVWM@KUXUPSMIJE@BMOPRTcg[PMMTVTQQHN[XSOJBCKSTNSZMBKUZVW^[MOJNNPT^aUBOUOJKQ]hx|n^TINRSU[_^^XYW[fkbWYY[RRYPITkupd``V]_^dg^OZca\egbTRW\\RVYekklh`X^``]_^YVOQXNQ\][WV`fddigYOQTRKHUb_\VMRUPPT[aclqlqŒˆx^MW]_XXUTXVSZZRROKIJQSVa_WURJLFH]ilgVKMRTWZQKDA?HRYZYYSS`^QVa_WV[]YVWTZ[`f`\[jmcUORUXW\a^WP\^ZMQSXYSTTUV]_]NOP\bYONSZ]SYc^RVfjildSNSSXZWIPdlnri]VQOQZ\[VVPSTLRTWYSR[df_WSUROWb^TX]]V[`XUMFQU[WUW^d\U_[QT[^ZOELUOOV\]_bija^`YTOTUPU[[U[c[QLO\jli_XX[\VR[]PITRMXWPH\aaebYBATUU`bd_XRSSWSU`bik_\_Y\nzzrccjgf__daXe{vbRYZV[`[X\ad\OLLLKS_[Wr…‹„qaXY]XYTWVT[\PLRXZRP][YY_^VVYXWSOPV[VOYb_TVYZVHQV_eaTIBJZ\X`aYYZY[[^^VWXWRY``]QKUYYPPY\_\X[]XRWakwvuv}{yxrgbnmjllhddgnkdipmikir~zof]aimpnhilieffpusgptgbginvthfhckmiiidcdgimoeigilpljeelpleccb][dc_^PDMUZXSKSdmrr…}fVbjhedhia^fd_Z^dc]XZ_aebZajfbkjb^akiVVVOV]\XblndWGGHHENTZ_dfpurstslb^_T`ggfa`^Z_`UZdjiklg_[ZZc[RQKM]^XURTX__QQ[UX[[\^bdhhecd[W\WXY^_^]\]b[VTS^gb\Z^]]d``giaYdjnomf^^bgfdc`cbchjc`begq„vgVU_YWbgbYW_`[_c\\ht{yo^XUNLG@JFGDFLPPRWQKGBNTZZVOSOJIKKGFOIELORQOIJTONTSNIW]WKSXSMBEMPRRNOJLSTQHGIKF@ITTUZddYPOIKLOMMO\a^[VPQQKKXXOWZXUMJIUUWVTTYIEMRUKXc]ZWOKOPNX`XQSTUXSXbnyufXNRVSUSQT^]ZZ_fi\NR[a[VWTFSfmmf^]US_]]kojd`]cd]YTNSWVTKN\_^`dda\USV^ehb`Z[`]YTSR]gllgfj`YYXVNQY\Z`hdb_\[V[W[gpdVo…†sWLRZ[WRNUXW[RKQOLOPVTG[dacaXMKCNaij`IAPVWSTVW[YRNQQRMRRIHLW[]QNWULRQVaelncX\errcV^`^][\]YTW]ZSXUPWVY]ROYZ_VOQSVWZUWVSRNX]VVfqnkdVPNPNLONN[\]lyt_TX``]^ZVX[_\YMQYVVZ]YRSPV_`\`^VPVTWdjjbVPPHLS`^LZ_X^WNOX[\^]UQMRVZZ]iombakj`\^[UY[X_ceb\RR\hhnn]Q\]PLZa[P^bXXYWVNdcfb]RA@OY`eca]SKU[cd`]Z[[ROWYbw€nXff^fqre[ex‚€wlcXU^_[WTSVZRSPNRU^_\fw……zgTX\[WTU\ac`RMW[a]PLNUZchcad^SJKKOY_[Yb`UW^`aUES]^\ZSOGQXUZcbeh^Z^]\SHSYZTUYWQLVWPLONS``\ZZ[\bdn}~~zvtsniekmnpkfeilpok`clnieuwzxqha[`gkpjabfikibkllsxqif`_cljhdbjlihjccgachia[gonmmlkkjknmlkhhgdfebVTW\^XQPNWhsrovqd\YddcfljcV\dij`]c^[^e^`d``dgeZV[]X`id_\]XZbffffb[UIPTMLJLQS\chflpmgb_]\d`UTRZ^^Z]ZLQ\cfhf\[`c^]]ebQQQUYTRUWYPM[XTXYX]bfda\[^^\[[cbb_[^][UWWSQ`jjdb_^WRPU`b^[^hgjgbcb[[_cablpd\__]bigmu€|tkhfc[gsp_V[UVeg`U\iqsokcaUME;>EQOJJHHMUXWVQQOISWQMQNIJFHCAGLMKGOTOJSWPSVWNU[YNRXYSIIMIFKJKOCCKMLNRLA8EJGIR^`^WMLNUYQHCLZ`c[OXSLHPTPLQTZZPPSOHRWUPQPPMNRTdh_]VRUTJLV^daZV[Z]aW[eeb]VOGDDHPQSZccb_SMWZXUUSSKE\fd^YZSTSWQ[hnmdZ`e_WXTRW_jeZY^cd\]`^YWZYZcea^]ZVTU_efdekhbeba`YUSUZUOTgkg[[ZSPQR_knjiwˆ~eWVZXQPSVY^c[NNLMSPLMLOXXZ_aZTUROX]^YURUZ_\][]^XUXRQU\`\Z]YZSQMTYYba``]`d_^cbptqh`_]_YV`Z[bdd`\VILXZ\VTV\hdSPRFI[^`_WTQEERX_cksobSKIKOKQRXYT[iophbfe\STW]Z`fcVU_\TY\WNNRO\ecde`SG@H^ffd^^\PR_he^^dc]NCT[ZUUUONNQRW^ajngW\ikc_a_VVVP\_[\a\NX`^gplXT\QU\][UZ^`^TVY__QXY]\XTQR[[Y]__XYZTSS\\\XPIMVVm~‡€oRS[cmsl^dju{€|j]MS_ge^UQQVYUPUYSRV[o|…„zcadcb]WSW[[\^`[ZTYUSTQN`c[XUW[VLSY[aabc[KNV[YQONPNQOOPPMNNPW`c`]\_`ZPOPUPVa`XTTWTXZQIV]_a[_hkplsxy|tnqqtuuninogbeiquupnloqi]]mvxupmlijhebWaljigjjecouoniegeccllchjjgbfgfigkmnjhljhifliiihfcfffllhc`ZZ[XYZVQQWclnifjkh```degifcXWX_b]Y[[]`XSZVV`hh]S_[OR``[VVRPT`fjh^UYYTVQGFHFOQWY^fmmkjg[RX_`YPU\ecaaWR\^`b`[XYbe^`YZUY^_^WUVRZXMLOS]WSW]dfaYOQTROQ[`b\WYbd[R\_WITef^^bd_XQWgrqlge^cgclni]]`\]lvnZUY\]]hpwz~~wnfmmdfolbURR`gha\Z\dedgeZUNIGJRSQUTONPUUTYTQJKMOMSP>75FKHDKPMNNOTPMTQPUVRMORJFMLMNRWTLNRK?CD>DSWRNRTRXXUOZjrmaWLQV]\X_b\TKHQ^\NOSU[^`bZPTUSKNOU\[WLL^ihaZRQOILPLPWZSMZbZMSZ^_YX_c`SORUef`XTXY\[WYUQMG=PWVLG?MYcjqomj\UUROSWPGQVYXPNKYhkcRJFLU`inpngl…|lXMT^c\GGY^eg]UNNKTZYTZbcWSQLMMECMWWSSQQSV\TMJN^^ZUPX]_akeSSY[SJOVXWLQX^b`[PO^aZWcaXWVT\c_\WKJQXXZWWQBAJRUX\dbRHIFIU[]YV_a[VSX]`_a[MSXXPT]]X_my€{vk_]TNU^`_\X\\WVPNRSSNEJQPWeje]VYYTOVce]YXJJX`db[[XWT[bagfUHTW]\Wbjpsmgda\YQSKLV^diaVQV_feZOJ]c^[^`fd_`_UNTTGWaWOX[dc]^_ZWeif]^TNZ_[UMQR[[WW\[RUl€ƒydZTT[\TW^`^w„laaZU\`\WZWUQQNPRV[a]huy{~s\Z]ZUXUOX^]]`Z\]`dljg_V[`\VQLLU^\PSSV[\ZY`ea\VPSVV\ZXVUUPRQ_gf`ZUUUNMPLKZ`_ZYXNTZX^_^^\\^dinpphesxurtohlklnpphikjotfitunlnjlosonlohfhdcb__elmlinuywrrkgmpnmmstpnsnbbjmnnnmj`Y[flolf`^_gcfqpdb_VRZ`e]WZ[]ZUJW`cY^mppi`aijgegjnqmc[VW]VUafbVWdjjfehpsrog_]_[YWVWX\]bb^XPFMMORWTJCGGLPV[\hsuh`a`OMPT[U[^bb^Z`ccc`[Z]`fe`XOOVVWZPP]fe```Ybc]UXXOVYRSRMDEV_^VYTIQX^b]ZY[][WXXakgabfmmg[\fjdlxwmd\\`^^VN[adhe[\fopkfdb]^fmlophaila]iplhd^][TZ]XUUWYQHGKILOF:@ORVRQMEEEIOMLDD=CHKTUPSK@NMCHIPWROSMFKJKQX[XLEHLQRTOLU\\[XUKHINELYY]VLQSNFHBGRTNPEDKWUMMVTY^TIGFUZXOJNW\^U[VZY\mqgTSWWRYdhcSOQT^YKNMM\ahnj[KHLJOSKOQQNQ[aa`_\UXWVYWZUPUYdpn`WXVKGJR__X[bglic]SOSUXWWXWKFJJJHQRPMRYdhfghcZYSLLOHRZYZ[UHMMZjgZGIMY^aZ[goio~ƒ~jXNZ_[RBPY]acaWLW_b]UVeja[WQSNHLY_WVUVOPU[VO[_a`YXWZ^YV\^SMSZWQVUX\USYWS\`[W^b^[]bc^ZX^^[UONQOU^a[VPIGPXa`[fjbTOPRX\YXZ\[XZ`ZUU\^YSPVVM]eZMS`s|{yrge^XXae^UU`f`]XU^XQPJKTZWPT]^XWXWXUQT`fcYOUWblndVXbfeabe`VXSN\^^aghggjdXQLSQEHX^ghihfheca`^_b_[[\a\WchcVRWRMWVSWVVTURUURU_d^PLUSTQNQJLPOMRVY[XN^r}nSZYW]ca`bcv‡ŒƒrekdP]cbdc`ZVQPXXX]Tbrz~‡…q^`XNNUQ[bc]\\\b`[ba]UU]^[VPMCGKUQOKSdd_VS[a[WRMQY]]XZX[YY]ccb_b^YXOPXVOV[Z[WMDP]aZ[Z^]WYX]oxri\bnqpssnjhciqtpnoikdcdnqgjpkiqkbgkqmnjjnk^aglrmfny~|wsqmjsvsosomkkj_\eorpofaadmpruogkrvk]hmmcdcaaklca`[YSOT[fjc[enuuobV_abdjnlid`a^b^V\aZORcfddjorrpqlfaa]ZY[^d_Z^`[YTHJMKAJSVTI;JV\_geeja``_c[UXY[_deddbX]c\[dcdfea`_ZOTSW``UQ\]bhea]``YSNOQLMVXRLR[]XWYYRVRYaa`bb^[VWXVW]dgb`ime[\defkpqnf`VU\\VZ\]b\Waotsporld`nsokga^df^W_ffgkid]]``\[QU[VJHINTWK=AELUZ\WHKKJSXSKPQQNHJTNMNKI>AHKNUWWUQPRVWRLMKHNMLX_\UOJPVTTYRGAJQRYUQRFRZXPKC=FOIKKBIUIJKNJDQXPRUTY^]XLKPY`QUZ]Q^pqd\Y[XOMT]]SNRMVWTYXTW]dnmdYWWNSXXYUWKDSXRUZWPR[XUQRTOY[Yhlf[SRJEQWaa_fc`hle^MNTTW][Z^\QKOMPYdhaRPVbb[`ieYMPVVJP[dki_RNX[a_SGJQbkd[V`e^asƒƒwl]XYRTUTVYT[`]WZcb`YV`gaXMLPTQNX_WIFLNTXZ\`bee^WY]\[\Y`gfggUWZ`eheYOQNWb\OX[ZW[bmgb]a^RSZ\VUT\_YW\YKMV\bbcjjaWSVSTTQZYTUQQ[\XQTY]]\UQ]hcXXW_hlowwld_XUU[^Y^d_ZWJLFBSZ[UVVVSZffb][_`^Z]feXKOSSenlf^V[c`[UONXYWVV^ibYW]`a[WS[ZOQ[`cmrrmie_bhiia[US\dbaffc_VWSNSVSX[\YSVUUX_dbXUOWZTOIKTWPOSVWPKS[`ew‚p`ZPRZbaa`e}ŒŽ†rdeWNV\[ZVUTVVWVW\VU[n|‚‡|cac^SSTS[YTW\afdY^[USV]WTVUTPQTPWWWYfh^WNNY^YZSS^fe`]VZ]Z[bbYWZa`[USQNFQUQXWOOQRZ[ZZ^^bfa_fu}vgRUbmswxpic]irnihmqsnf^aWZpsstkf^[itwsmlmqmjcboqhgpy~zolrprtoddjlifhdbfmppgbgmfcdiqomnswtjaaikfbfccjmme_faROPTZ^YXgprsj\bjegjok`^^c`_`UOQNJPW\YRUckqrke]YZ\]`d`^`Z]ZQPOHCDC=EOMXXMCT^c_Z\cdbefa^Z[_c]`ddggaY^XV`fbb^Y]beif_NP^a\UPV_V^adRSSXZYRU]_YUWWVQUY[``bc]KV]]]TNQRW]fgeejmjbcec]c`ehfda]\]YVQSZY]eoskluvrhhmlhd[W_cdcckib]^_\W]adc]VNTUVUQS^_WILTY]\XYPK>=JQUWWSKMICHNJCAILD@HPSQSRMHORLMIDNMMSGLZ[TNGKV]YSKFJFIUYPSUJO[XK@:A=AHJIILPPJJNWTQTZ[YOOXVLEOTUWUTUWMZryo`XZSTSXZ[acdZZZTQ_a_X_a`^ac_SOTZ\_a]V[[PSZOCNXTPNMOPXVW`e[PLPTRZdmmkhbVZcf^TKV_b`^XV]\TTQQ[fnhVU[abWWfjeYJNUUUWcih`NBKV[XPHLNWccXLWeimpzƒ‚}sa\ZVWWZ]ZUYfh[QX]VTZXTSMKKPVQT\]WZY]ee`[\_ae_UOX]\XV\bbouobYUYbeZOVW[ZRMRWQIEU_fed`ZPMPTTRNHNMMUZXRUXY_dcdgdbaXIDQ\YZcd]RRMUelmeZVVX`_ZURR^_csytpwrdRI[hkdZKMMKQZ`^`^SMPRPXcc_\[\ab[]_ULS\^\Z`ce[W]]XWPPYVXjkZ`cb_[ZY]ejd_\ZY^WSeikjdY[addfb`^[\_dihhjji\TWRQRVQOXZV]_de`WZYSQWXSRW_aXX[\YLNS[al|‡…o]UVWYbc_eu‚„uc`VOT\\YWTSWYTRLQWW[^nu€‚{ohaZXRNTRMSZdgaWTKMSWVHMURXRJQSOUUW]`WWYUQSSWWMG[cc[LPWZURSNQW[]XWY\WRSWTPWSTSLW\\bc_[`aXbvƒsaVV_hjmpplillicbeihkmjmkfmuxxp`akmpsske]gosoiiigoonruuvsmjmppnlednpefkltvqlijib^emnostussljfjomif`[^kkac`YGCR[cbW_jnsn_QU]dgefhhc`a][_ZWXYXZXY]Y_finlb\`^TUX`dggf`SEFWUHJHGPWSNVUOOY]^Y\cijjlkd^VY\\YXX\_^WTWTT[bdc]_agqxsf[Yb[ZSP\XLX_ZVUWZTOMU\^]WOW[WVPPS]baY]b``ca^VT[\_UXfkpnfhdZWdkorokcOOXYZVZ^_fki`dkjgaajihhfd]UX^^`bVQXbcba`fli]XY]UOSJMWYSMLVWSPV]ZSGMPMPUULDNKMWVPIMVXRRSLDFMQNE>4@HMMMJMQKILLGAK^hbVLPWOMV\YYa]TSHObbYX\\Z^`ZWRVlz{rd`a[MMT`imv}oa_[SW]WXZ[\TLKUPPQSIXU]ey„|hc^VV\[^`_``__UW[VZ][ZSGRWTPORKHUUJJLOUSRTY\\\RNYXOPZ^``\_ecTT]^[PNPW`aZVTWWSY\YTUZ_dXR`^btxxrh_`agomcfotsoflmllljmkmnihhojdhljijfbhlgc`dieiqpmmlagqtmfjsvskikoturrskif^^flnlsmnofahjotvphagjnsqdfhhilkg`_a]fs{{nglfXONPY]_`b^SS]ZTYWZ``[`]Wadhmi`VWY]ec^^YQU\gfaYVWTYZWSZ`[USZelqpkkni^Zakj^Y`a]Z__abcb[T]a`eeega\\VMRZ\[\cija[XUHTYU^]QTV_cd_[]WQNQUWYZce_]_WUY\WUQZ[Vaedbdlnkhdbbe][cgeTWVXbb]^]^bd_`eecntnhcW\`abd^V^bec_djbZ_inkb`^ZZ^_[WRPQRLFFEHV__[VRNLMMGEKLJOMINRNNIINOIIJKONNKNRNJINPALOKGNTQPSJJ\TTWY\[QPUV\a^XYVWTPcmngYRUWSPVZYYOGSTMUbikkigc]\]\YZ`\`ZVWWVRPPQSWUQUX^^\TWdpl[RQKLHVccWVQRYURRP]\MUaa_c][^YUWZYTVPZccefcWVTU`lgXVZTQX]dd]YT_fdWY^[]\[W`ie\^YVWUdsw{{Š“Žz\PTbe^]^cd_ghaUY]\VQE=LVVSV[[RRVURZb^VIKRONKV_\Y\][ckruqrmb_X]WT]`hica\QLMRMBOXRMMLJRTWWUU\YZRHQWPGQTVZYY\^XWXMJPQOPMKUZZ\`^[X[`h]X\RYjvzvqmpomg``Z[^[ZY^ZSNRRX^WSNHS]ba^fbUQTVY^fcbc^VKKTXZXXXab[VVZZZ\\aicSGOZ_ZYZPPROPUYUKPUINfg\RTX[XVQOQOFLQNNZisj_UR`a`_]YWUTWQPLTTZ[RXde[RMGJY_`_YUQY[cu„‡|f__b^`ggjv|‚{dSWU]XWOOPNNIGPTWcklc\^s…ŠfPZa]VX[SFLWUQU[^YU^egc^WUXXTQSORPPT\_a\`\`d_U[a\JTagmg\TPTX`_dfg]YTKOPO]dgfYMSTV`jnprkhmoijlqx{ztddjfckrqlpxzzsqrmkhililutnefortnjkllbksmgnqkb^blppnprqmmjgmpuqlfhihdeejic^fhalvpccooglxphnxtcjoia\aegnrne^^aiiir}yjTMJEFKTV\``]adfnlicbfmng\^aeba`abXPTaeipoe[\dgeb^Y\[ZTPUW]elj_]jtunkjccc[RS\^fedb^WVY]\bllbZ_if]hmfdgebfhoqkd`WR[WVVUXVZWR[\YYW\`XV[`Y[djkc]ceinmgityrllh\`eec[R\ccaY_bjuxsleaZEFX_dkne\^cig^]cki^Yc]Sad`ed^egbTMPPOC>OYVTZZYRHA?MUNNPEGPURPPPLHHLKNORWXQNSRPMLBHNILTPNUQKTOKNMMI@?SXQBKTVU^f^UY]\VRVTNNSNCIMJBLOBGQMR\Z]^_YRQW\[]\YUTRURPhlf[VXYONNU\NOYXL>MWUUdfWKRZ]_^YRP[ZPPY\UOKCCOPF@W\WPNUT\YUYYWRLHIOJb`]\RQOWROWYJLWVNJS[lvvpk\^]RMJPRQU\`\YZXSTVXRRY[ZRVdc]_c[LEDGIKPWXYZ]^VENTNGCDRX^bebZRRRS\kurff`iwxlVOO\hoj[RUSQO[eecfeb_]UU\`[OMOTWRUXPLPUTesviiv~zofkhb]cme]cf_]YPX^\THGJNTXSTW[_ceVOW_adbYUUWTTZghjw{tWbpmd`ZNZ]YT]hga]cji^WK=EOOMJOSVSQWZRMPVVOJMNSPLJOQXWXWTKMPVXWWUbkg]WX[_[TX]a`VWW]ghkssnf]UHOYLS]_gjja\``WONRQUVXWXXYSRYWSPX_b_XUUYcgbabY\td_eh`WSZ\]UT[UQW\ZNPQW^\RPZaXSXVWb_UPTTRONVZQRY^emlihb``_UQY[URYWMI_VWVRT[[VQLOPX\YWROW_[Y_dcn‚Œ‹{b\_YQVZYbs}~t_^\]\UOSSSJNROT\gsum`cfq~€{n^QPWUKR\]\UR\aYR[_UNYYQMRVNP\\S;O]eXN\hnld\YSVWZ`cpyvlYOU\dfke]_[XUQVZYY\`XNXZ]gqtl`QN\fhglhpyucbfchnnjfgilqpkioqideoupikkmonjlrnkmnjjhb`dgjfdeccgmurdbksvsjilkpojowsoljhosqojmtjafpvwnbbbffgefkc[`cdkpmh`fkedks‰…wfZW[TX]\V^hjdcdb[QT^dcdhhdddc^]Y\`XUVVcdY\emtnkfef^OLRWYZ]UU_nqtodbkqi]ZZ[ZSTZea][[a`eeaca]Y\fflrlbY^ffachlmf\OFPQWTKP]^_YY`_UNJDMQSX\_\SS^d`XZ^ZTXgnomkkjd\[Wab__bfddfa^VZbgkjc_bjnldcdejjf]GO[\_`accdnsqgbdbflhYPTYUROEFMPOHEOWRUVXZWQWWURONHBIORQKFIMJPSTRSTMFILLHJSQF@OOOPPNNGEHS[XLOQMMTUPJT[[^`YPKQVRPP[a_XQKPWZVJbbWYZPORPYWMIAENLJD__]d`KSZZUVYJOSUNR[hstjeccgaYYQPLBL[_TZ`bWJV]XTZXQIUdefgbWKFOTLEELHS]b[IKTMCHLT[cedc\XTU^fpsoc_XKapm^VS[ca^[RMVRN\ghdjja\b^PN[d^ONOS`c]XUU\\\ovrlikt‚nZbhdWhneklfYWW^`YPG;FLMWZYU^cdd\RVWT^^XXXVQOZdd\dgcVTdknuti_X\ZYdc^V]jqpj`W[]Z\VWZYYVSUSVZa`aaXT[\WODGTT[``UMU]bab\^gjdXQV[\b`W^]UZ_dbjsuupkd\W]d\ORMVffc[Za`XNUTTRURSQY^XRTZWUXbfd]V]dgeab\W]`X\c\ZVUZ]XQRMJQ[a\RNT^_^YRZ\VWVX^]YXXUW`_[ZQLY`djlhd`^]_bZSZ^][ZWLR\NOQY_]SJEU[\\XKIWTS]\Zbdilkzˆ„t^ZYRVXWT[u|f^bZ[[YXX[]\[V]deipi]ZW[s‚ˆl_TPPFIZ^YTPQ]ecdf]QPQMOV[\UUUTOKP]bZR^lng\YVQSUQW`qtnb[UVZeifTOV\[W]^^`egh^VZab^bgaY[ghbnuno{}r_Xcgjje_hlrtskadhhjkruiahfiljjkqssme__begijke`cpvwvwqkqtvtljnrrrmkmonppqpuwlcgomkgnsneeecgiecig`cemutuvqljlgegan†~nbZWZdaYQO[fifc^[Z`ibZX\aZZ`ba`]Z[^ZYV\YX[^`fkfZcjidRGW\ZWSP[joqsqlmmeXZ\`][[X]cfc]bffgeZ]`XX[aimhabbed^ahgh_X[WPTYVVLS[ZZTSUYX[]a]TV]b]IK^kl`U]^WSVacjkcZ_d``e`ZZdfdfhcWQT`]`cd`cglnnljehmfVJRLT\`_dfdfjilg\WYfje\U[\Y[RMNMLGCMOLRSNSST[]YSONKJLNMHDOROGNUOGKQTTMHKRPRUPKKGGSUSPOJDBOTNGOQQUTVWWWZ[a[SQQW^ZPQY\YUPQPSRJEZ\^\NLONTWTUQNJJMNEc^YZQRTRVRUVYSMGCD[inlf^Y_igZUPFQWY\`]ZbeaT]`\XZbb[KWcfhf[ODGPNFLTNN^aXJHNPA@KTXajie`XRLT`egcegd[\jh^YW`ebXOMOUTPXglgedjfcfcdimi\TRXbf^Y\_^^Yakggrrk‡nS]g^_aZ\jnhb[QZ[ZUGJLKLQWQMVZ_ec^[TSWXZW\WKK\d^Xdf[U[d`fvukcU\STXZ`hrwxvlfgbZYSXTLOLEKRUckhgaVYY^ddUNKT[XX\ciijiaY`hf^TLISXXYYVZ]dc[_qxxqooeafga]WQZa_\ZVT\UHOQRLKORIR_^WRVVQNX_^VOXbd_[WRTX^`\]^YYVROMKLURMab^[RS[W]\XOQOSXW[[ZXX[UY_]ZYQKN\`V_ee_]fpmbZ\_a_]Y^aNOWW^aTVTX[[]b[PY\V^^]ZWWdhdkw|sdWWWVW\_hyu_[ZZ[UXX\_WPW\dcfjgYZ]]dt„mVXZQMKVcb[YXYgiglg\VW^^RPYXTTad_XX[\[Objjc\\XUSNVY\`__`]Y\fgaZTNQUTYa_YYcdeb\[\[Xadb`gh`eohfv}|vjffg`ZY`nsolkbce^bklohfpoh]]fiatpa\bhmttpppoopqtrg_jpplsytjlpmmpmkpstvwwpkielrpfTerokknidimelpjkljquuuqhdc`ejglrxr]de_LVdb\UV```\U^^]ZXY]^`\\\ZZY[[YZ_a_\_^YU[^bfhmmfbWJS\[USX]ijfkprspeUV`abbdd`Z_d\XXR^]Zgiidb\`aa^aggjfelfb_W\_[VVUWVX`gc\UTSX]_^_\W[``[XZ]]YTZZ]]U[`bhe^Z_]^da\[dhaadbTT`bdffdb`cfffgc]_edTPW\]dbY[dc`]_d]W`a[cheYXVLKGHLKBILUWLJXSGD?MY_\QLLPOILKHNNGORNSTOSX_]UNQYYUKIMHDIMAHRMPQMSRGUZYXYY[[`de`XTYYWYYQOQKX\Y[YTMGLLOO[aZPMPX_^WUTNOUYR_Z\_XWWRQRRV[YPCKdutf`^VYek^OIGFY[[`d_U[][beXJY`a\SEP\dd]SPTVPLMQXY\aZPKJVWNJTOJYhdYNSTOP\_U\cfbWZ^[XRVaeaVQTWRW\cf`YV`c[`eknhd\SQW\]VRSSVTS[hrnlxvx‹„hYf`T_bda`fe]PY`][UTNJIBJJEMT\biliaPOSY]ZSLPYeidfmi]X_]Sgvsm^YNUZ_fnpqvxsh_XRNMSVONTNJY\]gonh`PEQ`e`NADPYegehmijld^^^ZONY^\TORYZTQ]SI^mxzvsmcc`TQQGN[[^`^VVQMNTTQMTWIBRVOJO]^XSQTXSRY^^\a[QPVYZTRWNHPVXVU\^PX]^^[^c]]]ZYVNB@PWVHIOVRTac]ROVRTaWBVac]bopjd\[_bb\UVTMPURPQ^^[X[bc_Y[ZTQ`ca^ajmhhs~r\WZ\]]`gt€€qdaQISUXW[YVXV[\ZXW\^WT^n…€q]Z^SRMW`_acbkhWZ`\YbedXSZXV\dghmjb\^VXgjmdYVYa][\ZXX\^[VXfhbWNSZYXY][^__bcdhbZMQ]fhdedZHXbjuxxxoggkkhjnoutonlltpidciidhmoommlbW[ia_^_dhjjpnfikmpqk]boqlnkrnimnghjsvummrurjcdouvpgisutw}xlmsqnqqnld]ZdlmlhgifbgkmoqkjihdZ\be^[_[Z]c]QJRWXUZ_[YZY^^OKTX[fe_be^V\\XWcge[N[_`^WY^YXbedikrniebaZaecdb^UR[^X^\Y`b_`gigabe`cfjnrqmff_aaZXXXRO_V[`_YTXZVZ`beec\^YPTUPN_llfd`Y[]bgcbijadf]^`_^[[bb[\becX^feb_acaa`_dbbadb_afe\_cb`b`\[]c_TY`]UYXPOONXVHEJIQL@NVJCAFMNUPJDHMNIJHRQCLSHEPRX[[XVKAOYVMCEGSOGDKSJDRQLQY\ZONNSX]`a`UR]dbVJBJIQPNWXTUYTNJTXT\_YMNQVWSQOVURTUSQXPRSYccWTQSV[\\ZVduyqfYT]be^RV_][\YZ\TCDJNYbXITa_VVSLS`fkk_STPEOY^]WTOW\\YYTOVWN]pmYQX\^^[^dihc]VSS\_YVQU_b[WX^VOWWL?IO\cfgol\SUVLLU\a\TSWRMPXmpcj|yy‚‡}ojh`]dig\S][XZ_\][XWNKNRSLSOR]edb]X_chngWIQ]_XVZcjgcd`Scx~wkYWXZ]gdbciilmcVZ[XWXSVYNV^X^oureV>R^VQUUUSWhnjccd_inaVQUZX\bYWXWWZWUWY]delnlj\TadUOMIGILV^_TNYY[dc\Y\XW\[WUUSU[[XWXY`a^`a]]]^\YSXSEVVQRS[a^YTRSV]cZPWWWYUTY[WMU[XLFN\UD^e`VOVRBO][OXZYZglic_]TPYafdZMNSYRMY`_WYbe_UQ\gd`^Z^bgbQYq|}wkSRZYTLUl}‚|pfWP^_`Z[\WNNVYZ]XY_VQ[hy„…€q\XYVRRQQWS\kulXRTW_a[ZZ`aZ]d^Xdlmigabcehe]\[[ZVPNV`bb[RQZaa[SW[WSW^^\a_]a]`edYQX[[\]``Z]oqnmsrnic_ainnhehejkouwrlnng_fopsqnie`mtnljhlnjjnmcdd_bmpmhhoolfhommkecfotomifjfb_jtqhgdboz{vtofjquvy~|qb[^iljfdadjd[\\ct{}xncaadkkeaabbhdZR\ZUV\`YSZ`c`XVYVY^`Z^effdfa][_\UPQWYYOUefYMU^``jhbbhkbaedabfgeded_a^XcfYVXYZ\b`_eijnlhc^_cf^TW[TQU``YY]^diaZW\hif[YVMRY\XR`c[_ZSVV^ihWgplgechh^TVinld_\ab^dnpmd\WTX`^Z[][^_UPbic]aaa`bbdjni_Z`\Ubffeg[QNFIMLHCKPW\VNHSSX\[[XSPPTTUPKPVPDOOLPTPOOHN]^SMMNRNDJOMDJSTPHW\XNONPTVWae]TX[VTIIPSRWWMROHORKJQVX[\Z[ZZa_TPSTRQQPLIINIOSS_ff^ZUWTQYa`jle^XOX][SQQVY[[YSXS@>EKO\\SV``TQPSUSRdnm`KMPJS]_WTYVUWYWQRWUDaql]Z\YU][U]efb]\a]^`bZTWcliZT[^S]cbWVY^beckrod[UOLX^c`YU[XPX^ffjmsvu}‡Œ†ymmhomi]UQTW][XV\[\SQW^_\\UQNUZ\[\\^ejdWQJUcaVPZ^]eidZYjx}yldg]b\XSQUZZ\jrnfe_]VUY`_XbaYdnmdZSS[WMW]gg][ad\WYZ_gcYVUXYT[WLOUTSYWMVafchmicSK^gaVXTPKHNTUPMSPO]aUWddglh``_YSVXQPV\bba`_VJLW^`X^]KRceZSU^d^QUZZ_e]J?JVZ[VW__VYXUVUPX_RJW\RP[^[R_d`Z[\Y^jwxk_`ZR_glmi`NVQX_c^W]]^ZSS[_c\U[gndRI_lw{jTQR]`[_m{‡‡zeUWabXYa\PBGSVY\\^^[TWkv€vb]VSZ^\PEMWhttfTFTW_a][cg^S]YMMY`hjfabfllaOY[[[YWTZ^_\[`]ZZUUa_TX[\bggb\XQQ\bhaXUQT[ehcZkrjgijkkkfcfiffflpknnpwtbbhghflnsupopmntznolknliiiflttoqpfcbguxpghonf_frx{vtrpjf`eltmZV]dgsvtn`ff_hqtvsmeaae`^`^cbgnncadovvzvidd_lulZMVcd`XSX\[\\`\W]^_]PV\\XUYZ_joomdYXZXZ\\YTSUX^dkj[T_ghikjljd_img^Xbhc`]\`cfc]XNNTUW__aZQafjlje[P\eb\[`acc]YU[]acdfb]YX_b_VVTJFT^^QZfmlcVWZcjlcipic[]glg_\iqmc[XYa`\df_XSPQNWWOU]^YYZ]__^bedabdihcgga\[VU[_cfgaUMPKJNLHHHNX_YOTURPMONMCBJQKHOICEISTMGLKIONNX\REHLNKGHIHFMTSRRX\YVQGT_ba]ee`b\RSSNLT[^`YTRSVRH?MRVV\^c^`YTVWODIPPMFDGSHMUOQfmd]TOMMYemrnbTMSS[eaXQTTVUMLLLHORHFJSZ_^ZXXTJOZafe^ZVSPOPTX[b\IKOOJILLRekd[VUWWQS\]cb^YU[`nvo_WS`lnbVW\^aheXOPUURT\__`cca``a^[SQOMN^ikklqtwy€~uggjfjk]TSHIT][UX`b\PRYdeaXURUW[dlja\[[ONQP`bURZ`VUd_R[]eouxwrmea^b\_b^Y_qwsi`WSQU_`]WXUY]ddb\VOO[a^bec_`_XPSISZ]YTNV^VZaUFNWTV\ZX_ZVeih`a[ad`W`d\PNQSQSXUSW_da[^a_b^X_b[RUZRHKYelooi_M@Q^]SWYKLV`aZZ]]`WXVRZ`[LMOPX][[`^RPYTRZWW]ZRPTXXX^]RVeib[XY\cnugPS\VZZYafcZZYUTUUROUZSLRUW\Y[]\bd[UOYm|„q[V_`abfwˆ‚laZ_`[VWMNPMQSPRQMN]^W^hz‚~pf_\UXYVPJSchlh\TWY\c`XRZ[TWYUURSVY__djrulXJSYYYYWZ`^VV^^[XTZaaNM\Wcf\[PPTUY^^b]TUZYVikngceiggkmmlieedglkmonjnwwh_fpqpjaiogdkilqstpnhbfhnsoiptpjqj_hkmpjhihffecnrvuqpngjmnrrnccdidddfjkorlcliee`U\dfeb_Y^ehilijourn{€vhjejuvof^bda`^_dgdb_^\^VT_YY\^\Y^YU\bge]YRUWZbcfcY[eeejib_`edefjjgacloia_X[ZSQZfc_gkfW[^_\]bbaflnd`ec]Ycii\UY`_ac^NL`e^]][UXXV^c`WUOFOWZPKZiokdYR[djiirsroc[bljdgnkfa]W]`ahe]^ab_Y]\PUdc^TZbea]ee^Z^bdedceccd[Wafdagi_SRPIRSUMFELRUOSXOMWYQDADCLRVTMEFJMQMOSRKIRNNQPL=CNNJGDHG?NLIQ\^`^VQZ_aa][XX]\PSRFD@T\WPW[YZ^WJKTULLJTSTKHQPJHGGJQRJQQXQRTS_e]JPRJGLqsspdQQNH[qviZIBGSRLIWWUUSPBTdh`][TMJW[gljbZ[WVZX[WU]\MJTYVSUU_ecXURVTRQSada`^]]acq}zeYTT\]_XX[diieca]Y^PT[UZamri^`aYRPO^b\V^jifgjmv{{†‚€wprrpmeUJQWXVW[`a[XVRZehf[WQOX[cptl_\XUWX]eljcYZUO^]U\c`_bhrwtk[\deaca`_agmqnd\^]UPUXZTUX^dbYPDC[eZPZdmsla^XSPR[`^YYZRDXZMORXY[abbTSo€|h\^`a[UdmgXU\]X\bdbaVW^`\[[YZXZb`PLW^ZMOX^bii`XMSdj\VZYURVYTRLQSQZa\U[\OHNGKQVSTXVRTQPX[SLNLMMQVSRQNQOU_`]YY]^cca\YVRUV`a]UMTZVIGGQ]ef]ROVYZSL\ZZXT\]U[q„Œ‡oQ`gb_[]y„‡}nd[UWU[UMNTYQMMPVSS]ZY\fsz|yfXTTZYWVRW]^]cgbXZb][^ac]c_^VPSVUUSW_egdUMQUX]_XU\_UT^de\V[baXUVWclhnm]NDKS[[RRGJSVYcpvnjebdikjecXcnmllmowtnqqhgjlrvvnhld^egjorjhnlgakvxvrpldgmhfsvsmmpomfkkgjkrtrj_mwvyvjfnicfadjklpuumhiirul\ahii^]b_]flicfhhiz‡…redgpoieba^UZddfdbbXSXbg`^^_a_\Z\ZQTWVU]_[SSWainiXJ\ipvtia_bfhf^^adimli`[YUTWYVY_[SZcYQ_c^ZTW[`ikhljgea`dhedd[WW\`dgbg_XPTZSXNScd\ROBBX__\]fnoldaY[][]alrrnd_iicahllf][X[ad^_acaZZYY__cge[R\c]Y_bYZ_]UajnkhhiaUkz}vlhdZ[_VUWTSRWXVNQYZSSYVQNLQLHNTWTQSRKLKIKIJJORQOJMJGUTKGHBNPJOPJPV^XRUZ\^eb]YZ`daWRNLGFXXIQ\`^XNPTVNNWSOJSSSZXTOIGOTMJQPL^_S:KZaXMWOJVcptj`ZUVUXYluob\KFIRUONY\YSWNRcaacd^PNW\TRW_VMQ\dgfbUVTPQT_\^ccdcYNRVZXP[WR]c_][Z^]drvhXONTTX\]Z[hmieeb\[WKQUU[itr^O\`XUU^gaYekfXVaabpvxzƒ‡}ppmhg_RY_`\SS\baTPLZjqoe_]WV[YbqqeWQOJMP[gmi\TXW[^fjkhe^`nyzv\_YW]^abhgchrrgZ]b^UX_d^TQV]bdVMWdb\XWf{{k`_^ZMISYZ]YWNLRRYVV\\WSY^Zc{€xf`[QW[^imgXPXVSXbgfZRZVTWak_MM[a_ZX\`YPD=AWd`USXeg_UUSVVYWNRRUUKMX\[ZZRMVPMMIT_bb^^YURVZSQPLFNU]ZWMMTPTXVZbf[OS`mk\V\\Z[\]WY_dZSURROW\ZVNDOTW[WNUY_dfcYizxfXWUUVTbzŠk``ZPPWUONUHGQOLWX^_Y\ap~…€mTKWdfYMNU[[`gc]Y]^WN[]_dooje\RWYRPKR]b^WUZVV]]WTZbd]Zcig`ZW`_XTXQLSakfWLQZ\\WYXMIV]\dsxvpgigjlkebdjrpooqqlcgjfilhjpqmimssleimpsoqqsolpomorsmmwtebkqtsprlecnpjdfkkiduztrkntrhhgkuurptvpcensurkcciiaW^`UWae``e`bo…~nc`imj`]c^VSad`][]a[TXb^[WS^b]UYY^ehd[bh_TZZWbjlg[U[fgecfidaffc`^X_fktvng`[X`_]ZRHScfc]^^`^\bYcebjmmkgccfjlmbPW[^emng_aYSYXRKIQWVPLOJTgj^VZZ\\]]^ZY^bgdinpllllla`jspeaed[W`cec\XZ`a_^cgg`Y[\UUX^ZZab]fjkkkmgge`t€ƒ{plbVUUVXUOORVQMZbYGRVVUQILJC>AHLLOMHJLNRJ6>FNVRLRSQTWNQK?>NKJPMMJQPJRSRUdlga\RW``XQRPLTYOIQXZTONLOMIHHQXQW]ZZZUKCFGLVVSQFWRKSbia[]VR^jsue`VVY\`_homd^\UW[VQZdbZKMJMULObf\ROW[\^dlk^[dfhki_USMPSONUfifd]TOWYONY]OQ[\dbWYX[ipjd\VXRRY`^T\deb]XWYYXVYWQUblgYZikdccefc_]\XX_delvxos„‰~rjhf_^cfc_\SW\be]YWcje_XQLSUYY]moeYRTW`_YZ_[VWZYWdehjg_Zhmvyve\XW\ekilighjlj[P^[SPWUTKIQcmh[X]ZY\ZYpxvolh_WWOMS\aa]TPCFTXVUVFMXXS[hnnjda\PUhppj_SRVIV_]YX^a\[`lnd[W]bee_XXWRPTYaaULU`a[SRROLSUPMSTNIFVZ\`_ZTTUX_[RZZ]_[^aZW\[WWVORWV[YURPTTXVZcb^WSXjpf\\\V``ZUT_^_ZYWSON\_TLNZ`^]_VMKR\ms`[p€ƒ|h[ZOWZX`xt^UcdYPSUUVIAORQTQQ]`]\eq~uhWTabRGS[[HGZ]W\`]VNPQRZdece^PR[][ULJ`idYVTXbb]RMV_`^ZXQQQJ\b\T]dZGPWZRROQWTUTVNMYa`eo{€ztsmfkoojbajoqqojddiiihlknspkbblomklg`clphkjlmi`bgmpmovsnijmknklpkfqqlfmoqh^w}pkknmkmi`grrkckrldggfggf_^clk_\_``hnmbde_iq}{jX^kj_T]fibba]^afijkg___\O\dc]aa\^dgefhkadb`cbglf^V_`]enke_\VZad\UYdt~}ula^`eb\ZX[^fca][`a^]]ejcdnuumglqmeaaYZ__bdgdaf\OOQXVOEGMPUVU`hd`ZXTPORVUVZ\]_\ab_cc`a[Yaiib_cgc[[hmldY\\]c\Zcif]V[]SX`_Z``_hqlc]baV\Z[jupb`\UMKPOOKLIJTRT\WBIPNSTOPM>NSRWa_V`faNUTIIKOKJQUSPSIK]mpnlicabac`UVVTWUY\gkd^^bcb^YTVcc[TWYSSRT\faQINW]^`kkjifffheZGKNXXUPS[_]]^\SS`aUT\YUNR`gbZa`biec`QRNFP\[LO`d\_`^\YY\][]^Xgplcbmnjkljhe]]]]de[cklnnpŒŒuje]a_]XXWIJW^Z[Z]`YVXXUSQLTWah`YXY[]a\VW_`URWZ]\Y[ZYVVUYfmof^RS_hfgjjghx|{lgeWRTT[ZVPZnk\^[TPW\\enqtrh_QORQ]bcb`ZRO:ASYY[^[]WXa_blojkplbgjhecZR_cXFL^c_\ZW\cnoe_^\WZaZQZ^ZX\__]VPNQTQLOSYYVNHIRL>IY^Z]_TOPNOWXRTTU]XNTWS\\[]^XTSQWVOTZ\YUSY``[WVW_efdXOQU[bc_]bhXXNKUQTZRJPYba\[TMLVY_jcRgwt`TV]a\S^s~~qgda\ZUSURQHGPUXWQT^dgfgrz{s_K^b[VTUUPUPJILRZ[XTTW[cg`ZUPVT\\\ZQNW]\VPU[ei]HIRMNTVSQJFT[XSU`d[RYc``XUVMITY\ZY]^YZq}l`fkfYdhaVcinqrojopifmruwxqihddhhda_ddkmjesphjkibellmonjlx~unkrrnknloy|wnbnvwn[engckidec`\_hjiglkmnjijihikhed_dmppiekcdlo{ƒ|icgdZSVenlb^YW\^]ZZhjmogX^hi`__[WX\koo`\\efbbb``[SFOP\hgce[X[`abee`eorpg^XN^ifcfc[\YX\a`^^^eehkb_eih_]fmlgee^[ZZ``\VYZPWVY^ZRVYWUX_[cheba[STWZYWZZWVWXWPX^bec^X^\\VMX_YR\dd\VacWSSIL]a^YTXTRW[Y^b_bkmgadi^Z]\[chcWQRQOQSUURQHKORZ\UD6?FFERWTU\\XUTXVKCDMQS[][WJDUOMKJFKTUTUVOOQND?KTZXVQRW\_`Z[YVSOQbhh^\XRWWVUUVJAKKO_VHSSPRONJIEMQJJLPOMLMS_fa_`_df``_WSSVVVO^hlf]TTYZXX]XY\SLPRRUJKObjj[FVcb^koda_]adaYTTR\`Y[[ZQPPUb`X]a]V[ZYZU[fkeaY\djjh\K@BNZVKYehdadd`Zbc^]]``]hje[_lohdb]XTU]`fh[IUcmplp…“—Œu[\b]KBKQTLPYb`aihZMMRSNPPVRU[SQR[^bffZWY]]VZ]b^XVTWSGNUYbeag`X]be`ehhikputqje[VTT[WZXQ\[U]\VSS_ccegfljaWKMQZdgged^VLBOV\aeb\WX`a^cnmhige_`Z\cc_[`aZZfea[VVX`hpjZW_\X[TPY]a^ee`]YYQERX[WY^YSRLLV]YPXWOV\[MFKRZRNSKGJLY[[Z]]Y]``_[QZ]VPae]\Z^cc[XVUWYW\]VQVZ^b[WX]WQMOXUUUV\\\[XWTLQSNGX\^ekrvxvh_[_^^[_pxuph]VSGIVRPTMQ\b_PMZcgghkuƒ‚q`inld]SE@NZ]^\Z[__PIPXcfb_ZZ[[Z\agea]ac^IMYY]]SOJCESXVXQFISYWUWaef_Z^c_\VOJR[Y][aeZLi|r`\inmijc\gkmgijdeigerwxvxnafmonnja\_dglnmpttwywnjnlnmklmpqojkkkquuqqoqutibckqslejdglnkjjhlqqkhmlotxwjiooonjgllkookgadec_`guvi^bcebX^hgd_]QLNMZZ\djomhdgkibYVX[h^_ZYZZeli[VTSZYSOZaa`_c][Y^\_c_`hmg]X]a`[cjnkaSXWYaeeekihd_gkdTZfij_[chjjf[VS\]_cbflffe_]_XU]ZW_ZV[ehfcdc`ZU`fe^[WVXUSUWWZ]`Z\`aZPSUOSWWNGUae_^]PJSXVY^aZTRV`cda\[_^]fgaVWYZchjia[RJINVSNMNUUPLV[RHB?MWQGNONSNGGKSWQU^\STPS[aYSUR\_`]adheb^c`XWVNLKKX[][XILQX^c_W[SX[YOINUVURVXULPdigi_WWVMOX\WRQXMBNWgw{m]VU[^]\YSUSSPQPKECM\dd[MFUfol`NOX_a`[W\`^[\VTVVXWVX]\^db][XZVPWXY^^ULVZcdb_^^YMJSX\bdaVQNNPZef^\cdaYRQU^b_VWWXQY^NIQW`[PO^nuiVh€Šu^haPEJGJNHMZZTZ_db\[SKMX[RJTTNNRW^a[YYW]b][c`SSVTVWYVWdihdf_^baYXXSRVYZWeqwoe_U^ed[RQVZVORZ^^`bbdd]anwxrh[]jjeb_[ZRLRdok]VVX^^S]eea`agmoheeb\Y_b`ec\]^ZZ\RMUafi`WQMIOQX[Z\\UQXXW`WHXec^WSbe]MQXY``XXTPQOHPSPQSPRZXVV[df\VWZV^]\`XL\f`]ZWWVVYbcYTTR\b`_c`]ZOQ]eegVTYY\]VY^^beaVGLSXX_cf`X^oqw|s`[^XP[kkoxvmaVQV[TX_^ZS[[\cdfc\QXbltzypso^KPTMU_a^\WMJQTYXZdf_[\VQca_c``ZW^^\]VWXZ\^cf_QPXXYa]TX\a_[^eh^RQVYWZ_bhcUSSRRT^_Zfvwnpyywuqi^dhehjkstmdgqrvuyvhb`_gnsuj_bfginqrpqppmehrsroqogcgmooqknqpnmpmgffZU]emjfijhglqlfiknlighfec]`gjeksumdiljhjhacfgnnspecdfhc`_di^_`\]][__Z]_WX[Xaf`^a[WX`fcfhdc\U[YSSNQTXOFOX]hjmja^ZWfmgeehdXTa`_be_XYZ_^[Wey{peb]]acff`bfdcffdehehnnmd^TOWVUPMT_]UX^dgbXY`c_^_US[_Z_jpqja^Zblsnc\^a][_aY[b^[WRPYaZZ\XXW]_YXWW[\XWYY[\`hopphefjlf`WSVbg\KEGRWRQJNXZQQWUSPIHCJNSTQLZ\NGFCIG>AIWWODFNTVOIIMI>GLRWZUR\XQPJEMXVRSUZUKMWcfjd__WPSVRNQPTVZWSPGGQPXVOYVOVXXQKNPLOUXWTQMtla^SWYQS^ZRRPXbGNR]ox{ta]WYXUPOPTLFMRSNJBDZjohVPQ_pqeTKU[XZ_``_[Y[\YRKV`XMQWY]_bcbca[YWNX\TLGSX\\\gkc]WSPUbf_OOURR\jmcTZgia[UYY[^`_XWUPX_[SM[`XO?Thiaez‹‹~jaVSKJMQMKMRU^efc]VTPDHMLD@RUSQQV^_WW[TMGMTZUPOP\^\YX\__]^dp`a\ZXUWST\cd[Yhnrsd]c`c^TSZWQKU`_X^bbaXKUduyrh^\TZ^^ceZLQXbd`ZOU]ZU[bcdecbcfd^VY^[U\afb`aVY[SMQY^da]_ZWIJPRSLMWX[ZUR\aZPW]\VTZ__VVW[aif`bZQWVMMWVTORWVVZcegd\a`[Z]\][WXcc^XP`aWMSWWYWVZ[ZY[WMRORX\]`dTKJTPCO_c``cZVWRSTS[_]]Yadp}}rTLXYY``j|€wf\_\ZUS]fheYST\`__\ZS`py‚ˆ†{mmiga^VKOWciaTT]YQQVY[_YVVSeha^]WTNT]afb]bee_agaUU\ZSUXbebYUY]`d`VQLMRVTY]`ZOV][[ab``hnlnv|vppqoornllpliiga_lxtuytghlqplqqnkksqlqxvsnkmpprrmhchmg]eliakrtnjiprlenmkfhmlipmdaccchkkmlkjjiiihgheddfmonompibeebecdinrlccdffca]ebdgggjebc[^aYZaYcgje\]bdfijdikib^[TIOPKJJHJX`ba`bf^adegioljgi`Wafeghh^XXYUKWaex…„tidWP\ef\Xffhsvywzvrpolne]]`OPUNO\\UKR^fbYZWT`b]RH\fdfkokigd[[_fhgc]YS[fhdX\[QX][VRSVZ[_cba`ehbcc^VMT^_ZZ[`_]_cdjhc`ZSW\`YPNTXTRRJGVYXOPPMEDCFLLJNBHVUTWSWPIJKHPVTUNB=IMEHPKCJQRMJRYWRRPDFPOJMOOOOOQS\]YQWZTV[SBKOHCRWQQONNLLOQTODMOSUSKQRLDMMHHJMjb][ZTIEX]YURX^ZZWQ_p|}scZMSWQRTUQPNORMG?>Icqo_O[^dlg\QLMFQ]][W[aeij_TXbbTKOR[SY`ageYY^[[\^jeZZ_]Vanj]XZ[Yaf_XRJPOVfgcVSgkkaX^a\ckgVTceXaif_^bb^WRU_gjlz†„~qab\USQPLHJAHZbd\UMJNW[XNBQWVWRHVaYWXTIJZbbWW]ZW[WSXZW_^UZhld\SOPUZWUVcgc]coxuk`YNXWOXZULR]bWU]]YZ[[]enqpibYQUX]]XRWafd``^YUQN[XX[[[``efjbPQTSY_a][ZUVRPDJ[XSPKRXZQGHIHKOSXYVLCKUSPWZXSTXZY^ZST]ee^cf_cc\KPURLJPPLZdd]Z`\[TTMRXYZVZ_]^QPRWXZXTX]ZSPTPTUWUOX\ZXTZZWOW_`]TRZ^[YXZXSUXNOZYYZar}‚~mUUXPZ`cs|{wgXWWUXYZ^^^ZXX[Z[XOS]jt~‡Ž‡t_de]\\L?O]hj^\cd`_b[`jjedaadd^VU\achghg]_gjfca_SRW]^[VVddXNMOZ[ZZXRWYZSO^hhRKWZbji]WXY`ep{{tjbnwwtkputmmkf^bmjjsvjenssqrvsodflegqpzrfknpurpqpnpsneinmeabjmjhghg^cghigmihqohhecZ\ddkohf`foptvumikbabilhjqnkjjjkhfhnusf^dikg^b_chic]]`_OQ^ZRQT\]bgd^dihhihfhehgb\WYRHEDJOS^ca`fhiiia\_lpk\[\W]``ccb[W^b_ZY_canupeddbbZXRQb`\lz{~~|zullkd]X\\\\a[PUTZb`[YVPV^\XS[bhhihhbbeb[TZZ\bZNSdfd_gli\SYa[UV\`_\]YPP_mqg_WX[YWY[[[_]Z_W\f_Xab\YZWYXQQSUPMOLOWTMCMNLJLLQWUQOW]UIVYSRPQW\]YOIOMKPMMQVSNQNNB?KONQOLOV\YRUUTQPKB8GJ6JWPCDGLKOWWTTROLQTZ`a^YYWTRMRQKVVH>S\WRTRQPEIPMEEINMIPWUTNQ]\RQPELOMOJNOSQILNTROfXW]hppkb[OAKOVY[[VS_\_b`^XYeg^RSQIGSURWZZ\XXVNYaZTRLLO_lj]W\\WUWYWQV[\YYYUR]dhc]RSWSV`cda^W\^YNRXNP\cc[VXbkh]PNVZUML\knaOTVULV\[XJMchc]S?EPV\][[UPV^caaenpmjn}†‚pZUSORNQTYYVSVWVUOFHQVQMNVbg`[Z]UMZgh]UZ^chdcfbXOTVXcqpqnfUT\ZRV\`hi^JU^ejg^aZR[ajmh\LIOU]^YV^]LKZ^baZKDTZhtqs{~{sjjuyq^XX\_\T]hojjf_YWRUW]\USUUTMJXgqsjYUSPT\\WZ[YSNOXZZRRSRR]gfbTLNKLSVI_w~|vmg_ULRVZa[QVVONSWWX``RRY^^_TQSPQIPOZhja]_YTOAIR]\]Y][`eg^TONY_b\ahffmlkjgaWRU[effijc_tƒˆƒuhc_bfcp‚ƒ}eSYZ^hooaNU\]^V\cihbPXgv{|}yslbXVWdh^U[c_``iqoififa[PKOP[bfit}tljrqh[\acbX[]agc^^Z_e\QZZNPSYimcZZU[hniZY_YQ\egjlpkjmkjnjhebfjfaeilgc`bdelnjkpplonkmqihilmlfddmorqnuqsvqmpposuonrwphkddglomkbjqooniklmqrhgjlomnlhgc`joqf\Z]Z\fmmf[[iuvnjknljlfnuwtjcdkjjcZV[ZYXZ`ddeaVNV[^[aelh^TT^^^chfgji_LNOW[[[][W]a\YQ`khlldhkllh\XZdhd``cgiisp`ZY]cefdhkeZYSZahmkihb`cd`XY\X\XPJNVUPXRMJQ\`b]YNUaa\_c`_ehe_^]]^bb[TPW_eb`ca\[ekmjeX[^[\\TJKTcnhjiklmntth\\\TLTekkfhe`_[\^QLX^]YVPDEMRYXUWXRMOUZXXYWQNQTPGRUVTMJDDLOIGW]WIIGEVdbXXYRHRY]`_[[ZWRXVXXRTTODRc`Z__]UFGJHPTMNUZYZWPOKQRLGMHCNRNLMMUYRAJUTUStqhdahii`[[XZWY]\\_][cia_`affaXWUONLMMOX_[RX\VT[\[\XQVP[fh`SW[[XY]XTR\dcTVX]`\[^VRVQRX\daTDO^b]WUT[cgbWRVaij`[YUYYTQQake^\XVVZXVX[^dd`a^KHKM[cf`XSR\jpnggnsmkrz~p\SPSSUV^b^\VZ[XVUQNUQNUW]_\a_[UTXa_VQR]ennihcUJPRU\`blush`SXYSPWXZYXTLMU_a]\[VWPPclj_QLTXZac\VRTW\]^YUSTSbmrjmz|}{qdmogdfcc_RZmy|tkbWTNHANZa\RPRNJGV^fi\ONGLVVMS]_a\ZVUWTPNUNO]cd_WXQGKOQLhrtmmmdQNVYSTXVRIFIOYYXYZWUZ_b_\[PPXQFL[ccc`[UNRNNNJUad`]]]XTOPOLLTTeeihbeiki]NPXfnnie`^]jw€|sb[Wdhi~Š…sbWTTejdWOIOYWRWZ\XUQcnou{vvvsqbXVQY_^`c_ZY]_bkkjke\XVQKIUZYbkrtlaXcsseS^daaba`faPYZ\d^QRQTUX\gg`cfaRUcd`]b`UQX^koljg[W]bbhmppkbelrqnjeadksvmflmkjppqqjfgajqronpokhmiwsprqmgfgejnrmgirlgkjfbcekvvzsmfmknqlimnnmilkjmlmptrf^[`b^]abYW^[digfkjcdfjx}wrsklg`[\]\__ZTX^^\Z[SVejb_eea`b`fl\`hmiddc[MGT\ZXYXZWTR]\bjmqqebhdabZW\\[\\]^c^dqslWTYZ\]Y^ed`]ZZbgekupf]\\`_[^]QUVVW[c`PJ_WQQYZVTXRQXZY[`b]]cc\^]]YY`]SZYT\`_[UZbeghf][_gfcYRNUX[dc`gjfbflqk_XZ\\_db^\ac^XS[`[KJSZbbUFNPT[[QCCLNV\[SSURMMHFHKPQVVIGKMJJJILSTKKJIVbaROWRNNTSTZY]XVTUVWXTPPSPQVWSZbb]PLD=>HOOORWWWOSPOUSFAMRTPHDLU]\SHG@FOLecegjie^XYVX[YXZ`kk\dkf[]aegaZWRQQIDHSaea^diaY_c`a_URTPT`da\S[\WZ]\YdngZIPac]RTTY``UMZnlaJQfkdWRR[ege`ZWVW^`_^^]WNWYZdc_`^YZ^]Q^jpnhYTXWQQOV^\ZX\_Tdqtqd_lpjghpxxiXMTZZXVX]ZWZ[WVVTX]]U[ca`__YWXRTY[UMPTY]\[\WPRNPTUNK[fpwzvTSMKOPUVY`^WZZ\^^ab]\WShtztcSQJYd]TNPUY\\YRPVY_bfllmtw||kWU]hrpkaSU]p}{nf^YSNLIRY\UQYWKJKV_hd\USSSHMU]ccddZRSRHCKMPWTVWX[USNPZTNVeltym]U`bZMMTTNRUPU]]]\\[XZ^_^XSN[c]Q\c`aa^[_^Y_][\\`d_Z[[UWYVYSFT[[hf_kllleZWYfw{p^][``o€…~j[YW_bl~}rfbbUOWZXWTQZ_WMQ\_\Yajryyz€}rjXPIO[^YUNUWTUV[`egh`^^[WWSUWTRWcgdc^\t‚}ogigiki\S]^`c__]MLQQ_f`fh_X\\WSZ]_`abWPX[fleYXZekjeafpvqlmlkmmmha`djrvpjjinsuwuqkd_hoqpuxsrrlY\spsuqke`ait|zjgpogklmfegjolnpmkusmmlfecgqsngglkoqpfgia_lieXRR^hcV[bfhb[cnkp||vtqni\KOZ]_bcd`\bbbaZX`e^YcbYbmhhlg]_cedffYMHLVNS[PNLIQUTbkehifejomnh_bb`]Z_ade][cdadf`WQST[YSZ`^`gd_ddZVR]e_W]`WLQRUV]eRDMZYRS_^TQRUVXUYZ_^X^]Wckojfkmh]WLG>PZ]_`a`adeddc`[UWX[`ca^]_[_eghhgaWUZ[_egbbhnkaHFSY\PMGIUTOJILTWSJJRZ]ZLGOPOMPTQRPMNPTLDKNIABC;DMJRWLR[ZQHMJDBKQUUOR^\OGVZ[PRROTUWPOKNYZYUPLHDFHOPHB;JMQPNV]XTT^^bZO@DNTWVYXXZYZXTJALLMSQKIMHOPKD@;=EG^\[XQILYVSNAEHHKOT_]XR[a[^g`X^\W]hb[]`V[a_a^bc\LNMEICZon_NU]UNU_b`WRTRQPV_ki_[OTT`ehqqhZYYfoeTTZ\WZ^`bdjj[V]c]VXJL]a`ZVROLRTY^cc[DKVV\giaSPVXRW_ba^QLLU^^`bYaebXSZXS\hla\bnqkiq{{o\UTTYZTXa`RLY[PVRE?NYdc[T\[QC@GFTZLS\[Z\^Y\abde[XWUPIQ]fmpXYWNJYZVUTNOSZ\\\`eb]WPPdlhbWMOQMOTTTWUU\`^[YPP[\afcdqxwpg`\^gnoi_]Zegbc`SJV]^\ZUJHLQZ[WSWUMGRSSST[]^SSTVVZYYVPLMTTW\^_hf\QCQWSWgjfq|wcWXUUXZ]c\QXRQSPYXUT]_TMSRNNTVUURMR^bb````b\[^bgf]XUVTY[RSV^^UWa_[W`f`[WVV]jsxnZRP[j}‚vllhgei{ˆ„pjha^`hkeXU^cb\biic]Wbhbcw|~}sbXW[^ZUOQY``[YfmohUU[_^`b_WZ[TT[bfef`[|…}qpwzvog^bfcRR^`bfljedfb[WUXYTSYXXdi_NRTX[RW\YW\V`gkfhahrpnnogagmusideg`]\dhgehlg`\cjmmi`X^qxspq^^iquz{ridiqsrrpjidYiljia`fhllkccnpkjnrneahnnjide``egfgdef]Xbccjmnifntpgbnvwl\_cegaZ\]Z[`\afffcZ[^XW\`YPV\WUYTOX`ciha_]\]Z^`c_[[UNSOIPYckosqkihebaegb]ZY[efffbZQKQ[UMX``YO^egdffd_^TNMN^t|wj_WU\YTTVVWPa_[PNQYYRZVO]hhb^c`\Z`_UXZW__\ggd]`\grm][ed_adc\[SOY\YUX\`ba[XV`ge^^cbe`_bdec]_]S\`^[[ef]WFDCLSSSNKOSQTUPKMIGIRVVTVTTNPUQLKKGJPH2OPLSSRQNRVRXXJYY]ffYV_\ScdXSTT][QT]daXYWTNOPRRKOLJQJMY^adjni[STNKXXemeRZab\WR^kcaecSX`_ejbUPOT[b_\\gfdix„‚{j_b[dir…Š‚k`YU__WSW\dhcbf]TVQT_fls…‹ncZTY`dgf_Z^[]_^_XTX_jqk\^aa]WaacbfmhadfheZSTMJQUY^`UUdacd\TUSMSY]^VU```hhaW]`]QSPHILSU[aabgmuofmojfb[egchihngafg__bWXeeeoppqrqddbZ_gioljfbqqifhmjnlc`djsocgkilv}}vmf^gldgiikry{umkjovtmigc\cecRPSRXTLW_gmogdf`VScoz…Šˆti_daUMN_a\bhfabeec]\cklfch`diddljcbhhg_\[TLNPNHCEFQSIOQYdlpw}|umpl^[aYRZb`cgeeef_UWj`Ygqn[KQMIRXUVWMZlrsmdhmjflmgYS`[RXUUVVZYRMVUST\_[VYZ]]_]^][W\gppkjha[\ZU^jkeaab^UX`]YZ_cYV]\^[]YPUadd^X\^SX`^TOQQRX`gfe_[dnoh\YOJPWWWPBCHFLLT^__]UECPQUXWWSKIVZTNGBKQMBHHEQTPNMLILMJNRTLGK\gldVV]]ZWTRNSW`\VVQKDMQOPNIN^dd\[[LQTOJINLW]_^a^beb[WTS_dSMMPYYRLMRURSRcimmf\ZUYaRU`c]]^]_XThli^WTRODHKMX\[`\MAFYffc\QYcmldZXQTTUY_WYVT[`YLP^iie]RS`f_PPRS]fj`SQ_f`RM[bdkmka]fg`\[[^\bkkaVV[_cbbb`a^OHQ^\[ckiVOXYYhkgjs|~zrnij`OQW]]VT]^VW\_c^QVYYXUQSNQUTRQ]][XYRMQ[ZZYUUPMJGQ_a\WXbzujbYTSYXMSekcRYacca`_bYS[ba\_kneUNNW\Z]heXZ^\Y\ZQP_hpusvrg]Z^_\r‚‡‚nY]UM[cd]TYSLUZUIJQR\`a`[KP_`YSUPKTPPY^^\WUWUPST[YRGNPJJHN[`blmdZYYUY_[V]\VZ]KS^]VY[XVRVVYYTWVXMLY[^`fkda\YXUZ^dfgg]Z][XS\hdYXZVMJRWeoi]W\Z_ba\U`jmkw„ŒŠx^^[[djs‡‚t`[dgc]]_dligkf_ZVRX`dl~‹‹n^SR[bge[XYRZccega\Y]ce\QYbb_\]fjhidYW[iuujbWVVXONT\XYVgkh`TPTXVWVQKZdjnkcW[VTRVSNQUXV\d^\bgmmkoplb_YY^^c`bmkbY^bagbS_icfproprkjgcbjkhnprh]jjlkl_clhfhmpkfmmmnokaademqomf[cqsqoggmplggbfmmfbbUQVWWVXWYfpid[Zdf_`fiy‚†ˆ„tc`aYIP\bYUZXX[cd_Zbgnrlea\bdZ_df`ltrjaZ`[ODGOKHGJKMB:ANW\`eome]mrj[X`c_\VXcdc``_``_^dkpnd\d`SIFLMMRaosnjhqƒuhhda^_fec_[]UOWSW[YX_dc]UOUWPVXcbabdaemqliih]UZXZ`caa^[U\ab]RN]XM]hifa\TTY[[\\TUUbe_Z[ab[W]]aca_abadeeYIAFP[_S@JT[TU\\WYWZ__]\XOSW\daZWWZPRTV[^]ZVVXWYba^VU`eeZQUX`j}‰‹m\WVejqy‹‘iX^]cdgif_V\]XRLIN^eo||ubWbhjhdXVTNV[`ghd\Z]`mpeYgpsmXSXfoj]RNQRX\`^YRSXVRXbkhYPZ`enpoaTQLUim]W`c_cge]\WRLMY]^]WXXccS\ksvl^bf^]dcbjohhfcccdhpnlpliljdehijljfafnqmmhfp_\fecenmeegiedacggjjeimtyvogc^dlkfiortqfhmmhb`X]a^ZXFOZYUGMYbccc_dccglppy}xtne[Zgg^[^`a[QRZde]\_]aa^^\WTZ``]cdikh`VGPXUPUNIPTJ?DOUUX]krm][dimkiigdejhf__^ZZ]TY^aef`RWX_hhc`ZXYYZaafooia`da\\ZTQNGKOTQNIJIU^ZZ\_[[[^_bd`UPY`d]^cd^X[]\_aabb[PR]bcd^_YUaiihi^_hd]Ycki[LT`\X\`_^dd\XWZ^ceki^aaZWXYRONJDANY[XSKHR][UPTMLSQRPFKROQSRPU\\SJIFGT[YMCKR\_]STZZYQVad_]`_VLGISSSNKNTZVLJMUULLQG=KLNX\UIMGF>ERTPLLQ^d`VTLSZXYad`hbVNS]ddbcg]J>O`f`\dhdT^ZKKFQ_]VX]cd[KRckg[SSS_d]TTbkf]ZRLFGLSTZ\ee_X`knklihXOVYSV[\``WSNV\Z`bWYZU_dYMQVXXWX]^^Z\a^`ca]XVS\dlpme\TUX\a\ZY^hj_SYc\]\MUblnb[Vcmvtgjz}we]YRS^]PNQMKQXTKPW_^XVW][W]]^\XNIJX]]^]TW[YR\^PJQY]VUY^_UPV\ed_VS[_YTQZa`UTYSQVdeY]\WPYfdY_mphZXXWSNNWZOKMHETV[ckjovwodZZ^bfmk[`dXHIW\VROPQVYTO]db\UFCQZTKU[VKTWPPXZXYOUZUPTXVS]e_BFT[`^_cXRPTX[SDHLPKOU\YWTWbdhdUKCLQWVOLBLSROU\]`^[YZWSPLINPRZZSWYWT\_^c`ZWWYVTRTWV^abehhcXMRbehx‡ˆ}mXXejjfmŽ’‡ueihhf\\cea`bXKRVVYZXg}‚yfW^ab^UMKIV_`cike\`geibU]fpqbNPZdhdTR[ZWWXWYWNMQTclme[UVSS[nxxl`VQX_YSUZ\]egc]\Z[\dhbciiZR^_TOZifdijg]ageglqncbfji`ccfhglokefeiqrrocfnmlplfibZX\`^fmlgjopmgdbhjjgimojdYblolf^aonppjjkgkieZZgdWKEKV^bYMZ]\ciaajkeeaew…ƒyqhkpof\][VOX[]gkgaY\bgga_cb_^a]fkif_\\RSQKQTUVSNIA:@NOHJWcbX`gkjomdfhggkmoqdgpmb\]\YWV_poeW^ggadfc_bjhjj`P[cc^]ba`THNY\\XPGMIH[_^^W[cgfe^PNTQKWZW[bbZU\gf_\bgb\Z_acdYWZXejjgje\[c_RXbhda]a`\`bbdkplc`cbZWbcY_d^\a^YWUSTNMSSVRSNAW^WPOPRQIRVKNVXNJQQNTPJ=OOLNSWTGGIV_ZMFHUWJJV[]YY\WUVSSY[TFOWUVOIRWZWWTOOGADR[ZSMIMQNTWZNIP^e_WLJPOU\be`Vfc_\X^ZW_fd_XW`d\O]_\PUfdXKEOY^YRTXZWWTR[]\[TU`b]\[Z[[ZRNMSVNOZ]bd[UUUagdaff\VX\[XVPPUZOLV[\_RN[XY`_`^XQW[PPXXdeZXX_e_UZYVRRekk_WYZXX\__X\d`PRY_icZWadjkaYYityvq{Šˆ~qia]XYXLOWYUVXTNL[`\Y[Z[Y]dhg^SNQYc_WXPO[hhc`UOPKRVIMY[TO\elmeXONXQTXWXYUVTEAQ_`_]a`VXec]S]bb[WSQOJNUVYSY_TZ_Z[ed_joqmf_]jjggiejia]__[QQW\ZWSQ[baZSQKPTVVX^[KJQRONPKMOSWRU]\SS\\VLNRPPVSQRUUQSTTTRW[]ZQGIV[]_egf^[_`ba`^XOTYX\^VT[b`]ZRGAMLMVT_e\OXYUcha\]c^YYTUOWfid_]]_`^[WWYclvƒ‚zndZ`jggtˆ~jfec\XW`ffhkjcWY^[_`_dv~{lbYcdUGEUVWW_cinh]Y`ZU\RUZhsl_OKLMTIH[a^RST]a]XRU`jf[STXSUSXiqrnbUWQSZ[ZWS_f`[Z[[aea\]hqpidebYX_delsqjjlicfmljpojjhnmgikhlngdginnnlihonlsvnglb^cgieemlisxujioplkg]glh__dotpjnonkjihnnedeiifdf^TVUXW\^WZa^ab^[gmme\[jy{ywyusupb[`\VXbjhdaac^\dea]bjh`Y`gig^_ahfb_P>NQPPNKORME@JRLFJ]kolhdltojelq|}}ylhtxlega][ZgtvlZYa`_cglhcce_b\HQ\^^\ahgaPSRSRVTMJCRYb[^`_dfa`a\MVXQRVRU\[UYY_ddfikcWUWRUUSWacbca[adYVVYWUX_eiic`acmf\]`aYWU]^\dd]W_b`XXU]]ZXTKGHQUWVFMTPMKIIU]]\URXZTHDFGNMRIMPPPLMKEMLMZRFHQY\WRKR`VMRQFIROIZYNHKILJU_aZNPTMFDNWW_d^TOKV[WURNLQWb_UOHPKNX^ecZMW[ccbaWVaee`Y^^R@JPTYbbg_\__]dcVPLUbgdX\c[WTTST]^^bgaVJKPTWRQ]a]\[di^Wed\dhea\Y[ZNKSQKHNT^a`YTUTRRW\_[MO[XSTX]c[W[Z]ZVUX\WMRbjgc\\\WUYd_XWZWZWUeg[U[fmlebabiorqrƒ‰rjfc`RSSW\UMPTVPJTZVTW\]a^W]`UPVWYcd\Z]VMXbig\OTSPSSSW\]XSXXaZVPX^\[][Y\dcWMK]d^S[\^_]^_[UFFTbjeRISQWY\T[d_Zd`YY[Wagllh`Zhlf[^ejuwpjd`[WQW]^WTUXWUQOMSRNTZZODMPPOQSPLLMRSTXVXRY][RNRSTTWS@KVVNOLSSXT[a\HDKRS]cb\WYcgjh`^\YUR^bWKNOY\]TPHFJMGXaceb^]UMaicXNYb_]ZRZ]hki]SS]`\WWTR\bgpz…†qaXaa[]m{zrnhd^Ybgmg^[aZW_ea\[Ufuz{xk^aaYWTTZXV]`_folhc]Ycc`WTaib^XUX\\TTYYXLO[efaZWY\WNLOPICPMK`fhaee`_Z]_[XY^[[bhdUW\]^_ekmhd[UVV_cclpoppqnikojlmcffimminoghdfbdhijrttpjegnvrhbgmsurolmqoomf`nxxpke`ejiillllimssrkir~{oecgqqeZXSLOPQZ\UOW_][Z`ggc^M\grxz|}}zr]]_\^dca\WY^OOagia\eheZZfg`\]akpurcHNQNNMHJOKNJGFGQW\lssmnnrnijkx‚}wkinlfgdahf]googaa]bbbejmkaUW\[bg^TURT_f_YZOMSSGIUV\c`ZXY]ZPU`[SSZYSMQ_dabfbQJZ`_a^TT`cZTY_^Zbc_`aa^[VUX_b]^gid^`cjh\`d_RRad`]ac`YYY_][VX\_]XTJLRWa`ZULOUSHCRbbYMCGKEAFAHQHPVRKOOLLKKIJPVPBHQ[[WVPTXTSTURRUVQOUJIQWUOQ_gdZRWVQEGVTYbec[LPWOHRTROQ]ZNPW\ZQU_fg^PGXZ\_enjX[iie]\\UOQSPT]`d]ioldbZQNQ^ff^V[bcc\WY^benqmcWRPRSVX[a]XY]cc^\[Vdmh`XUSWLAMWYWT]`dc`aaVICIIOXVJSUTPO[ca]XVWORW[`\UV^eieXV\TNSSOMSV[^]WZ`[SXjush\ZX[aegagv{zska^\UNaje[[]]YKCSQNMOLSZWSXUNKV\eeVEQXX_`]^YTTYWYY[]YRY\a`YWWSQ]_`\[]U]`WZVP^]ORVV^bZY^[WJMSekh`\XQVWUafbXVZUV\^^_bd_XSbjjihaU^kd]af\Y[\cbX[ZYYZSHQ[[XUVSPONOTSQUSLHFMOU[[NPTYb_WTSW[baSDIQTUVVLKX]\YMENJDT`^XVYWTXYVU[XRP\cWNOOSOONSTLHHVfplcYR_`Z_gf`b[`ddd\Ubbb^RKTW\^Z^a[W\][f|~q\X`c``hw}yk[[[`fnidZQUVY`ab`YNdqu~†„rghii]PQSGQa]Wbjkfb`dhhaVWcjf^WV[YW]`[`aXOUYYYXS[a\QIJPRQNGIXbq|weWUV]^]\]`]Xbhf[JT_ZY\a`ZYYW]bb`Ufwzyurlhjjnohil`affmonkbglnppqtqpnke_`mqnddXinolpoihghmjbcfgnlidlpmqmgc]`ccimeaitxstskjjdY^^YRQSPUXTdkgbakmke_WWdls{……|trnedhjgcVMW[\fhgggia\hmjikid_ckjiluvl\QNOPPRIMSOKNGAQWRbrqmnuunijmptrmmqigfedacaahfdkjifbabbdgijhdZKS]enn^SZ]^`\QUSQ[a]SS^gcVSPOMNUYYRNOOXZZ_c]_fg_T\]YPW\^b^^[_c_MU_^\Z[`b`adbedcefe[X]hkgalj]Ucnog^[_d]beafnnmkc]\QPZW][TQOX[ZUQV`cWKMNQNHLOTWURRPQTSMGLE@JIOSLJQY`_\TMHAKPRTSV[TFLNIMTXZWRV]ZPUWWOLPNJP`hdZXYPOTYWMNTWRMT]a]_QO[][US_TP]mmdcfg`cih\V^]SNT_cl\ejgddXSTRSYSIOT]d^VZ[\Z]ccaWRYUTVRRUTRU\_acc``bkkgYIPXXSQUWXYafhdY`fc\WTQP]aVOQQRUYchf^SRRY]\ce\Z\ekhb[YPKQNNTRQPLVcfc\WXcqvtm_PP\cgibbq}ƒzpe_^UV^`ZX\_[ZPQVQFNMBBLTRRUONXbg\IKSW[]WVZTHS[\XUW[XX[ac\_ac^\]SQURUUNOOTUGITRRUUVYZVX`fdXMJcrrlbSQUXV``\TTSNRZVT[_TRUXY[TW^MI\diopmkgfhjbWY`b^VNPURVWTSWWQIMUZZPHOQOOQW`Za]W`cZPOSXZaZQNTUZ]XI>GW[]WA?NPQYXQOOXZQZ`YUXSXWXYWYVMKRWWYYUNGWffc[XenlfcegoiVX]]YST]WPPYY^ffcmlcdrqbkz}tkaZ\TS]m}„~ib]X]hokfb`]Y]][_ZYbolsŠ”xkprl`MMKKW\WRWefchf\\ZURdlgYNMQSQOVZ`d]QMTZ]TRaib\XX]ZWZTMMVl}‚xbSQTYVSahdUV\bfcXVSNS^b\Z[QRX\e^]nsppmgdecnqkeejnplhd^dfjttphltwphdlrlcfd^^emsjgjnk^U^mngbfijmiilokhle_biliegjpssnmvupjc`a^]XWZ\VS`cjtogdsvpkebXU`bn€†{wtogbfggb[R\abehff__USfjeekmf_]cmokpuqd\REQXVNNTX[VVOIUWS]ddlgqsnls}h[`c_^^]QBRUU_ehkf]dfdaSUVZaih`]a[Y^b\TW_fgcNDNRZ``XVZ`[XUT[VXZ^`^\_^Z[^ZVV[_^_^Y[ZV]``]ZWT^fdc`W[bcdfb^c`_^_dhgd]_c_cjkfh_^ciigccedc[ddbijkjc_ce`][[\TRQSbc\TRTWPJTZWPKQUPNTQH?FIFBZcfdZN@;HSWVWONMKRRLQQT\Y^klea[T^cheZWNFITXRMZ]RHMOSWZfok_Y\`ceWT\^XSSQ\VU]\Tfondchhrysmw~€ufXUW[\ap€znjf_cippmf\Z^^^cd\Wimo{‡‹ƒqbfoqgXSMKSMS`^[bikaZSNS\ijcRLKT\VV^ekaQTX]``ZXbcYWZ[XZdcYSMVfw}t`OS[`\chd\YX\eii\VUTW`ca`_`YTZgfibgiif`a_jolgagonihcadjnonofbituroqyzpjge]XXgupgmqolisvpmginknjgfhllgdhnsmffftxpkflma\aabd^UWUS\`hddlpmegka]^_ZU_`^jxztnmmg]bbb[YX_eabe\Z`afhlibZabc^__diichkg_TGAQXNLUPVQLNPWZURV\^ZbfilpŒ†ulnfTLWVQQPYaccdc\Xcelf]YTXcfabe^UY[XTVZejhZQSOV]b[PMHUZOU_dc\TQW_bb\[WZY[VRYYUYcfaZ_ed]`e_^cfee^[aa_`^\a`]]WXZ[]Z]fd[T^gdaY[dc[[]`ch_U\Y^`[\^X[dga`c`[ZZUZ_WVOHK@CMNRPHFLI@HNGMPOPOJLMPQLPOPTEDJIY`[ZZTQUSOUTOHHE?RRMLRX^_YRQSSY]XTQUSN^f`UWWPKKPU[XTUVUTQUUWPSRLRSjstiTRNLMZcbYUPV_ZSS[UQO]^bijgdgc_]ZSUSSaeb\RSZ\^iuul`^d^NHPTUV[YRQSVVPMZikea`_ZSOW\YVW^a_TYdhb`eff_URU]a_V[imc[[be\YW]c]WX`ggbYQS]`[YZWVTMboqgb_\hpmga_^bdglw|r`Ylywo^YVPWZZZ_ZOJJ_[U^YQSYZXVWSXWHQW[_]VYfnhbfe_\ZXUNLSTOQX[VJGLO[YPSYW^_VNNLPSQORUVQPUYZV\_acXYkxudQ\_SNX`cged_TUccYVbfihgkkeS[ab`\dkmmhca^U[b`[ZZQS[WRUSUZTNPMLQOLMSSQEKU\XSX`]^___[XXdl`RZ^]VTSNNUVRU[XUOVc_WPMKHV^gnkfb`^`c`c^VU^b^SOROIPV]deffaZ^_`ZYb]\^\YZ_deb[\_Wcqwqiinkputuz|sgdb`da^br~zprlecotnc[dh^\deaVZignsu{zi^hmkmg`ZQTQXXTX^\\_`XSWbnndVPQVGMZ\a_\]WW[_a[T^_TU][[VLIVTOZjwyt`SUZ]emj]WURT_f_SVYY[flhcbaX]c_SXfmqmgc_\\^\cmtqhaij`^inpqlddjvunkommpoddenvmhfnormggihe`_dmqomhikfcejiglqrprsolpnje^ZW^]WYVJR`jnrrlg``gfd^]XT^cZaqzxvyvf\^\ad```^XQZehjkmqndbbabe`Z^acgfefc\VLFaXYWURKNKPOTTRPSUQJU`djkk|„}vrri_\XWXRW`c_][X[ajpoeSLYaimlf]Z]]fb\Q\gaX[`ZTW`cYSIOX[J\ddZWX[deaZ]XOT_cYT^Z\ehc_^]b^W_`U[`bddbbaf`U`bXY`aWY`_VYaaWTcha``\_`VWbdfif[SPPOOZ^^ZWMGU_YSKMTYZKFAPZ^YNTf`WRQT^jle_ZQKPV[S]caYSWVQSVOW]KSW[flplbYORS[]WSUSPUZ\[Z\ZSVQR[_\cd[YUSRSPP]\WXURTajhfjnlf^U`dZZchd[^\QOXYXQQUYSN_mrk[T\XNJKSUXXQTX[ZUQHEJKRXTXXTWcmiYValoeRQXSTUVVZ]gqrnw{wsk_[a_\]`_YOGLW\^bc`YVS]b[XZQMSRSTRV_[S[bjkaPJW_[ONPMPUTNQXWSSUHDJQ_YV_TPOFT^\ZTWWUQOW]bd^Y^^VNWZ_ecZ\dbWRQVQTUSPXcb`hmrpiYPSRVWUZiopopi^Q]_VUQWWVX_`]SOWTT[RNS]^[XRTYXVKLS_ieZV\_eldS\][VZ[\Z]^YVRNYb_YW]YJT\YUNLZacZUU\_a_^^Z]_a]ZRTagdZVVVXOLV\^^\a`_]\cini]XhlbNVRO`jpni[UW[n€ugede`Z[n‰“Œ{kifbeda]STUU_][\\WQYeyƒ‡ˆ~i\hmd]Z\`bXZPJRUQOaeZX`[RKSRX`bbWSV]a^]\ZY`c`[QT]a`]a\VROTTW\euqc\b^\abb^WOBT\UHQ\WTOUUXZ\bcf`SPEN^kmkjmi_\``ZW`gimpibgoootj\VcfdXVjnigb\`mrvsikrpi_fnpiamsmh_^aejojjohnolosunsvuoe`acd[VX^gljgedfhfaY\a[[bXS\b`]^aepuodbbb_^_[[^[QZ`fecfggdlvwsmc`babb_chkj[YWKPWWRTSSTUYYb\VQPQ^cedb_[Yfsrome_[]b_[[[]^^cgfdehhe`bcd^`fdcjj`\Z\Zghb^_[\WWXWOPKT]\XZYZ_Y[cc\OIRY]\PM]dYT]beec]Z]jtsg[XW\ajjnqk\V\`bjnlhih[Zfmld_`[V__]YVX]]`^V^b`cd_\fdWVTSQJNSQILOKIORPJHMRRPHGKIPSONSRJLRMMSVVUVQVTQUXQICOVQK]\XUY_^RV]]XW[][\VWYX[^^\NAJOV^^[]_]THLQRYVBBGLV\SOTVXV^fndYZ__^\]XUU\UKU`VOT\_UXUV\_YVW[YX^afjhaUPPQVS]cbWORT[^RIMYZUY\_df^Zca[XYabWV\YW]fjdS_fdYPNTbbQZbfdd_TYaabZX\a_]_`gd_\]a]WSPOTSNS[`[KRWSHGZ^[ZZSR\lpg^afiZRVZXRSWUSQ\jhScw‚weacaXVVYa^SSY\XQSZ]]R[kkbSNUVX]]XTWSQ[`fcY_bYSYYTNLTTSROLH\X^]TOX\ZRTUMCEIUYWVY^]^WQRU^\TXZZ[[]_`_YU^b_]TQPSUNS[]XU`cegg_PVYMJKM^hjjjjh_[_`\Zah`Y\`__]\SW[VIINUXWTNVY\QOTW`]XUW^djfXRSQ[[]]XWUUVYV]b`XWckcTY]\XYafc_VVY_\\ad^]a_[SPWbgd`ZZTKJOSV\fcYXdkihkoqkb_hke][YZahnmg_YV^oyumnoicX]fv„‡€tmmk`Y[^`_RM\ejgYSZdlu~~~|tb]^^cd^fkc_\W_hb]ejh^YSSUVPWfia\NSV`bab^XUY`b\Wae_YTNTQLQPVYn~rWYa_]\YX[_WT`WSSV]\]_ZZSQbggc[XRFQR`lrpjfY]cdc_gifhmnklihdehee^^a_bklggg`bkrudehkoimmkiiklqoic^bfktqkqsnpkekuuuuqngVJ_gkcVV`hhafmrpliegkkdd^YXYacfceszwlb^]VS_`Z^egge^_Yhrndcltsma\baa_[Z_fhe]ZM?PSVWXPJDKSXZTTSQ\fd`b]Y^anmfd]VYVOODNY_bb]\__efaUU]gf`^]XYccYOV\[\\ZVX][VW[UKLNHT`fTTMXV]e_VORUW\[Y`e^XVYZW]fiZ[kvsbYZV^bedinngebZ_jqmlokb\_fhcc_YabYW^irtm`^]XWYeiffbUT\ULMNTQLOYZQFKIHIIQUNQJ>FQVTMKHGJMLNPPQPJENQMOOGBAFONENZVZWZ_YTW[\WWYYXZWRQNOUTJEITYSX\YWTKMMOQNQSQSTJLPPSOFHRSLHGKVWQNTYZPLSMDIMGFKOUTQUVRPT\]ZVWWR`knle^WIEOYUTW[ZUVWXT^dbXQMEHTUHA6ELMRNNRVTTW_`fc\[WZ\[JKS^jVRPSYXWVUUQNRVWXWVPRWX\af\QRTRDMWgh`X[baTHU]WPOJT_edgfcc]UVWW\[ZTQSVSVZZWagbSZfa]b`][PTXW\]]add`[`a^cf]WGHPLHVWWTX^\^[XR[inkaOO\dc]Waotj^^ik^SSZbbVSWYdgegdYZ[\akosx|xl`fdXLPPQ[b`\JJQ_geaUOKROGT_[]^[STYPPQSSLMUXWXXNRWQSWZXJLMNJRYZ\\ZZXVWWVZY^Z^]adZWY\_c\QQRSZbfaULVYYad\Z_a_XOPXVYZXX]XTVPMS[Ya]]`dc`^YWSVhsumb_YSRUZ^ccWLILPTVY\XQU\ZROUPSQWW[dfimooeXD=HVUQZ^VLJZccba^XZ_YVVWV\ZQSLFUcaadbW\b]Y]]ZPRY[df_XTVVVXW\debb^`WQQVZUH_Y_ZSPU_d]SRVZ\fz‰†teZXXS\q‚‡pVS^dc_\VS[\\gmgZ\_baZk€„€wpa]aYY[]ZV[`_VWYY_jnlg\NNWWZ`ZVJMLTejpne][UQSQZimdcd]PKSY_^XX_c`YVQWRO`p€uhd\V^eg`RIOUWYWRRYXWXZVR\hoos|wppe]\``be_^]bu{uoommlhjffmmlpv{vje^bisskhjtyupicjqpihmonrwtme_`aiqoolhjqpnqvvulnxqd`b_[_cecfji_RQY\[ZY]\db`q€€xgZYTGJRTPMWeorj^[fhflpojjorohbhnniecdf_Z[VNPKQUPMT^[__c`_cmi_ZQVYYYWX_`VRXZ^\_ba`[LNV^jfZ_gkh_ag^ZR@L[^QSOIHJV]ef_WYRT]W[`Ya`ee_[[XK^hbXX]^NMNRW^_fib]UX]XSU^`WSWZ\gh_UWdiif`WMTW\^[XULOX_`\X]`dacfaWSQLRY\ULQWRRVXXRTNRTLNNHEICGSTORSXVKCCRZRIONVYSPJJNJB<>CKVZYVLQUY]\^accacfkfYPIKU`eaaXSPPRTSS`daZRRY`[PLPNRSTXTUWXWVZR]e`\S^jcYUYbcgTIDFW\UTYSLRTYXTZ\UQXZ]end\PKTRWZQY`ZXY_\VLWRFPROV\cff\``WVSRVYYVTWWWTT_\ah^TU^abfbZ_ZU[]YY^\\\XTbloldb^XSLPQTZfe^`c^YQRMVc`XXTU]ghcabb\Z`c^VQQU\Z\TQ_gcZX]^]^XYkpnyƒ…|h[]c_VOFP^a]VWYUPQ\a\PLRMPQOTZXRQSMHGOTSPJQWY]ZWUUW]`aVFPRSW]_faPLVWUVYOLR^eee^WUU\abZIT_\TWYSILSUZ^VT\]]XNNSW^d\ORUPWTKKMMNTW__[a]XYYNShtwxsng^]^YY_bXF:@HLNX[XQVYNVXROTYZXUVTX`^VUW\[RQZXRWYUab^]\W[UQae_YXXRRX[`bfeaQT\b]SWY\X\_[Z`bfkhgde_[_`YTZae\OVRSRTYeehe[UQU[Z[baY\bb^Y^]ULS^_Y^_SRbhWKX\\XRZeaUMUWV[[][VNAT`^WSUSVTVVVUOWmpoz€udZabc^ef_RMJQT[^gi_SV_b[UY^VR]`TUZdbWXZVYY[TIOQRPOTVWYSLWbZTXaig_UX^\ZXFK\^YYZWJCJW\ba_]QUWSQU[X\__]\[RPUPPYXMSXZXSY]_YLPZVKLZaa\acXUKFMJIS\`\]bb]YQYZSPQSVVPMSWNMX\VWULNVZ\_da\RJMTRV__ca]YJPUMS\`caXWWa^UY\fmaSURUUMMVZ[PPVWZW^daJIML^jljaTScfeb[[[Y]ZXepmhe]]ZTXTT\]VOY^__Z`jjic\ZVRNPXYZ]db_`a^MI_^P`mspicbd]VQKTag]TYbjic\gmkb^^bbZQUZ`ejcTSSTORZ\YTW[TMW[a`]VPNQQQ\_WMS[[VY`ZWUUSRSYZV`dZRY^^[\_]_ZQPVWUX[]_[WY\TY_XYZXTQSNOPTTQUXXNNTXY\XTSTYXPW[_\VIEKSWUMQVW\fe\\^^\`hpvyuk]UZb`Z]\a\SMIQY\XYXWXZRIO_a`aa]a_]gmfZSKP\c]YRMES`]SPVRUWVPQXSMI[kjbchha_\XTRNONTYU]b_Z\`ie^V^f`W]gifaZ\a]dpnaTQ^dd^XU]d`]glxtfaflkd\_eswvtnoh]\_^XTWUT\^_U\purhu†…v`WYQPV\TORYY^ZRU\caT`nk__]YWVVNPYZYV\`VSV^`VSTHNYU[efc_[\]WVhxzm^UMMMQZZWgtvnaY[\RTUMdmmc]dca]achh\HKP\fheiooe__hgcda`\^hjnighemppmfknlfgpmntstooutupmidgornnpusnijkcbhecfmnhcii`^ekiklklknupc[__^[T\`\YWUU]]YTWejmg_VQ^mtob\`[Tajc\da[fplkiefkldbgc`a[[_^afgggdcc\HFKPT_a^YTYWUPQXUUZTXdgbYVUXXYdquuolecd\]aYbd[_\Y\bc]UXUQUZ\`^[ZXbb]_ad^X\[V]_YPX_^YYb\`XEKWXY][Z_XLRPY^[VVVOJJOWWY`^]\aebbYVXZ]^YV]a\SPVYZ\`_Q]mnnihfb_[Z[_]TOOSSLLUQQVYSLMX[MHNSLHQ]^VTQQJNKEKS[ZSNSOIG@FLCLTQLPWONIBJU\_TIISZURMP[cdcc_TDJLRVXUV[UQNSOKIT`_UWWV[WOPMQKJLPPMHR]aafaTZY`d^JCFGa_a\\_^]\\\USX`fe`YTLT\dbWT]fdefc[YWX]ad`Zacgh_USdg^[\^XSSOT[c\PTW\acb[HHQLT`c\UOPQX]a[^Y[YU[emkbZUVPPLLTVVURZW[b\V]eif[YXUZ]YX_ekkc]XWTMNNQ^jqokbX]b_\SMYcaZ]fpukfq}|pea`fbUTXZdjhaZW[YOMKHJQZZOLPKSRMPNSVV]d^MLVY\acYT]`\UNZ_YV\WV[dbXUZZYXUROV]YZVWVUWSOVRRR[`\[\YURSUUR[b]VNNOLHGKPV\]\X[\QFKJLQSOJQUY`faXY^bd`bciqoic`_^][[bf`WQOUX][VSPQPIL^a`bbWOUX\did`\\[^^[YQINSPSYWVdh]X_bXBMUdmkbaedc]W[\XPPZbb^cc[Y[ahfb[bcWR^daZR=VbjlgZLT]VZ`a_`dc]TX]ctzsb^_da[\entwvnhe^aa``[^bZQY\YXnx{{vzzrbW]^[_llaa`XY^ZZahk`\dc]\XYZ[YUWUYYYenhZNLVW[cZQTZZehhid_ZZ\[nsh[PKMRW\YTZfggcVSRMR[UXa_UR`omfuwodVTVQQY\Y\ecb^a_chkcZQYdhifdd]\krrjotl`bloqwtutlfknosgXenpnoppmkoljmokddrumfceeadfb`bfjfckmbZQUYZ\ZXU_aVOUPRSU]abcdea\coqi_[TR\kj]\cZZiolj]Z`ih]XZ_cZWcmomijgghjlcVJAJZ^^``[ZTPUYSND?L\g`UX\]^X`ntkbijkhbW]ehj`WXWYUQJN[UFT]YPUZ`YQ`ea_`YVXXadb[YKSZUVbf`[MQRTW\_^]RELXZTVWZ]XOMPRV[]^[VW`dba\[Z_^YX\`WRUTYbfe`XZ_agjf^Zcegfgd_YWURLFOQQYZWPKNVSOOUULNTPJSUSUVXQKLU\]ZUNQTOTUI@FNPX`]\YQW]ZYNIBNRQY[X\ZZbca]TQQVXVURZ^ZU\ZUKK_f_VWZWXWWPLGMLIIRTV\dkodTNUYbdZZLTVnk[Z`aZ_^_]YT\ec^SPLTWWYTFKZZY\ZUX^ca]VIE[efbWRXdf^^[\bbc`UXaebZXX\]ZRSVVNQ[_]ZXUUVX[^dgSYYHT]ad`QMUTNLPSOX\`\[d[TaknnfSW[[baWQZ`gjg^TTVNO^[`hmi\PU]_]YRZ^_fgjpqibrz{rib`][\RW]a`a_\ZVVUXZTOMPUSGMRWSIRYUWQ[jj\ORTWZ_X[fjjaW\d\Z_[UUX][]^]YZ[YJXba[Y[\]ZROWbcWANMSWSQQNORTV_if\ONNQUV\^Z_`[S[^YVXVWOMJO\a^Z\_a\`aceg_]Z_ihe_ee^]]XNEINUWQUWUZ[YPLKN[aYKIRVcqrlebe_PIKONJOWcb[T]f_\a`XIOTWbiga]`][SPRKMTTX\Y_^X\]^ajmie]SPV\ZSROR]fmjdWYaa\[VTW[^`]aeiny|vgWYeaV]dhv}|h\]_cc_dkg[KUYU_p{ƒ{ql_MPX`brzpd]VYZ[VXdg_`^YXW]bfaTUTTW_\btufQJJPX`XTUTW]cgkjcYZ_ZXffZWTTX[_ege^^a_TQKPU[WTVVSVaqwojog]WW`ZUR[YVbhork`V]kkec^W[YV]bdenrqlkuseU`aemjhmlfblvxredkfmtsnc\joomnnohmskjifid[Y]Z_hkjecfd^`[XWZXRV`_`aa^``WQX[^`hmh`]hsobUQ[ecZ]b^]mrjeif]ZY_jljnph`equqjeaeiqtk\OOcdXONXYVUXXOLHAGR^[TQRU^_drqc[cjmeZXgjfjnl^TY\VNQ^`PGV`_SQR\\]][[``][bebZWYSDQ[_fh`IO[VSUZ]d^WQSVQKQX]^[QPRVVUWaaZTZ][[abX\f`SYb_XTOXbhida]\WW^__glifchfXPUUSPIJTZ\UQQOOOQLNP[[WV\]VLJTXSMGIUYVWXNMRJHKFIMKR^ba\ZY[]UXVQFHMT^_]^ODYhlcXSW^cbWRRSUVVXSSVXY`]WSOKPUTCDNUXPIORYafmiUKGMX``[RYZOlpph`[WSSNWWTRT[[UNPUVMLXYUY\RQVSY^\[YLJOUWYYX_gfdd_YNXa_UP[ge^WNX\]ZZ]\^ed[UQX^YVZ]clk\NVYY^X]ffWOV[WNJKT]`\^f`WZdlmfX\aVPTWNNOKWdhd\TQN[XCT]a[UT[af^WWXVbmqrphZ\kkcchjf[ZUQ\]]WRRY]\\\^Z][TNSWVW^\\_]\`efmncWSROUZTObjkeUT]]YWRUSTY]_`aYUVXX[_ZLER[ZZVSTZ_[TNX\cXPQSXVTSSW^^YHIPZ[YVKGSTMN[XUTRPMMP[^XZ][\bdac^_fc\URZ_bXT`_WTNQRJLVTHKYWNLPMOSQW^WONSTXcjqupfd[WOT]\beec]VMV\ckkeWNOMR_he]WWQW^[RPUSM[acc\Z[^\bkmig\VUXWVWW[]bejheimj`XPKGLWZT\omko}‚xi[`igYY]l€ŒŽ€fa][ZY]daXMKQ]kvx}€€|ufWVX[bjyynaNYc_\[WVXW^XR_]bdeSMTZYZ[Ybmf[QKHMWadb[\\afd_[]VVTJWbcfic_[aemkfgkh\GFRZ[TSYVSW[ksod\WUTZa`\Y[\[egr}}tijqqfilgfedgf`XggflnkomdZ_cjkhinokpfqz|ocgmprsqkiktqlirxuqwvrliifadijgge`^fgkidb\UX^cc[SWacacda\[XXV]cfbboywnYOU[XT_hd`jomggmiddeoxvolg_bhnrh[ciektrfbXQXSPGDUWW]^WTWT[[\XXZYSXWdppd]_bed`aeja]iidYQX]UKOTYVTTVSRTV][T]`]Y]ZZb`YW^YPT_ga[WWVTVWRTX`c_ZUQOROW`ZUW\^ZMKZb`XQMTVchaY^_X^ig]XY^ffgijh\]deihmokhd`c_MDHS\ZS[_a^\a\TJFEDR[__]^\VKIX\WSONQQQWUKKSWTL?JTTRTTSVXSOMLPWYWROWZUNMOS^eja\WSY]\]]aXTPQWSU^\QIW^\SPOTTVPPPWPNTXXUWeokbSJSXXXVYLRZotumaWWURY^YKISVZUQQW\_^]ZZXQETXQTXUPRQMMOZ`[Y`inide[RROWW[``ZTNT\]__[]TR`aVMXabZTT]hkdXRV_a\]nwn][b_[RLIRWZae`^\^eea]_^YRUTOQUNKP]ee[Y[XRQWW[\]ZUXee\V_``fkjieWUdc]]gsyviZX]\[URJJU_[XUX__[UWYa`fa[\\Y_hmlhbYQXZY\ZQT]^[ZVY\`]VTSMUab^VZWRUTV^b]SSTZWPWXQQUV[_YPZYQOQVZTH<:HZ`ROY[YV^_Z_jlkcZTP[_YR]aWKNX[PFNPGILRY\RVZUPRPCNVRFHRSMLQRTVVPNNNLHDL[]UNSMVhk\RWUWZZ[UMHNX[PPQWt„†w[PQJQTY]__]W]e`YLIWYW^ZSU]a\VYX[a_X[Xaf`Uchh`WWXWUTQVWUQJUVNZa^\[`spea_UERSRirl\MU\[QMUXQIQPUad]Z]YU^]X[[[UPGHMHEHQLOXUMOMUa_OU_gkaRNMIMYdid]XLJVXT\aaXRX`cb^ZTQUFCNRR`je\ZUT\`XMPPMX\dkeSVac[^__WUY^YP^c^`gpsrpxysf^]^^\TOWY^ceic`ZTWZZXXY^]\XSNXdfaXSW[]]]XX[`\YTRX`]`a[XVTMP_d[_^Z^^ZTQSLX\Y__a^PLV[^]]^]TQUQQOUY_cbc]X\WTSKKDKWZX]gg\QSZ[VYSTTRT]cdf`WRGOVS`oqmic[YVQSMNVYVWZVROKGIQ^^YYYWYVQKNNQRV^aSSUVX^`_YVYabedfghd[Waie^WVQNY^``YW[ZNLV]ZWW\ee_ad`\a^W]WTOINSP]a_efhc]SO\_]WZouz“Œyfa\[]blqsnz€t]\g`WVb`\WRLKOVYk‰‡~qe\]SbnjYSOOJMXflbW\RQW[]YSTYagkleZXbc`_aiopg[UTNPPP]ggTCGQ\bgaXbd_bhnlh`bigWP]^UO`omh`Wahfc`abcb^YZSWXXOMWYT_bcpwqfddgegkmbVXckihmqrttmnusihooplkhhoqwwqfbahpqoddhlrurmghfhhb\Z`ccadhotpc]\^cde^XX[cehmfbpz}shdewƒpiokadd[]bciljd[Ucmpkchccih`ZafdV`ic]fmh\TMPZ_aebUQNRXY]`YOPW_^ZURR`je^SUVX]^XUZbe\RQS[^]]]_b^W\XZ\]]\[\YSS[ZZ]]d\RLPPONOY_`]Z]ZUSZ]UNRSSOQPS\_bfc_hpqjb^XX^Y[_`^_dc[]]_gbSTXZZ\X__bf`\\]dcXYUS\b\UXYVMGIKMW]^^]bfnsnga]\WQVWWVY\YRJTQNMUPGGJKVRPUSF?QYXSSSJINQNHGNTUWUTOIKROPWSMTQKQ`^QROBDHEBHLR]^PGTPe†”y`XUQSXRSZ_YZ]XTM6IW\VXRUSV]XUSU_\[g\^\^`]``UGLUZYXWXWYSNMS[VR\]]fmecee^YWORbgb\WXYTNTRTQNMS_c\QUYUT[URYae]GHWTBFSTNHFAEOR[\UTQZe`VQOJKS`heb[_^ZZX]]ZWPSRZXSTNFPRKFJQ^ie]ZSKOX\VSQS_dZW[Y_e`WW]aa`YZab`UPXZajrx}|{vmc`a]TPSXeb_c`YROMMKTZ`\\]_TJMXYXQVZZ[_]UV\]XOZWTWX[\YUNWXOK[[WYUPVYTSTU[_\Zafe[PU]_YW^_VQRQPPSYagib]RNJFDLQMEIST[krn[XYZYXN>GNORX\\WLIMV\ZZ`cdild\XTWWW_b\TXRQL@?KS_^XTX\^^]SIHHUWY[UQ[ZTU`faXWZXZ]aejpkgfid[VY\\[bg^TJKS[`]^]TBMW\\bijhe``g_RQGM^a]_Z[]ghf[SZ[UTVappxˆŽ†s]Zclqnorkqr\\ccfff_\][WLLXn}……†zbcdWRgqlYSWPHQboeXXUKCMW\\`eiffmj^SV`hfa^hqrnlfTGNWTSYYNMXYS^c]]eigYZ`bcdfgb\ad]RP]he`\[ed]YafagdZ[]\XOKBGPPUWQ_mmiijoqmgddaacefbfljlplltxo`fqqlibelmqxunld_ksqnkllibd_]jpoie`Zadbb`^p|wg_cejmh^_dfde`fgfnpkgadmtuonebhkkmec^S\fibZR]otqojcbhd^UT\a`]ccX^ge\USMW]^ghecVLLUYWTZXQX[Z[^^X\^WT[][Y__Y^ab\UZ\Wbgda`egdd`XZWVY`a]TW]\Z]\]`YRVVZ]XRX^`b_UQWY[ZROINIRW[^]Xdhadqwuokd_\Y]c_YR\ebfbW[bbdc]]bdcb]]\_`^ab^`a\\][WRLGHIKORR^iklfcfmqqia\YWTRTYUJKPFAOMLKSOHLNSRKUULFMX\VRWPFHMNHDGLQZZYWNLPRTYWIHONLYc]VUWVQTMBBOXZRDGJOh‡{j]Z[YQFNRORSRSPNNQZb_]]\\YZSMT^__X]iTY\WW`icURW]\[_caYOKGIVXSUU[XWab]]cfeeb`ghaXJQ\_WQPJFPR[[VSWZSAKWWUZa_SR\_YZWJOWYRGMSSVRUWP`g`]ZRPOONNQS^ef_[^a^ZPWVQURMORRTRKEHO]b^WTTTS\`YMNdg]WSU[`a^VPOOVY\_a^Z\^^Ocowwpryzp_VVWXU[`d^ZYYWUTTYYW\`\]dc[\YVRPSWYWW[^^]cYMIQROR\`UTQWZUNX^QNUTVZ^``_^_a`]abaYV]_ZMVYRSUONJMZadb\USTSWVNQOGHD@Kfy}s_XXV[ZT@;HNOY]UY_a^XXYRFLXgljbVSOR]c]RRUWUUYYSPQNLU]ZRRNNRHGYWTVTSRQLQ[[[YSX\WSU^jpmkaUNRU\`[VZWTZRPP]a]^\QN\hi``iheb`d`XZQMWbd_^UVdj`hUX\_efcfidk‚…|eXW]dinkj[dvzsgadedf`[WUUTOReprxƒ„whgaX\jofTTWVQ_nnga[TOJSWRZcf`W\ea]WTW\a^[`eowthUJTYY]^VSTRINZ[Y`pufNRWY]b_YZ]ZQMLJ\db\T\__fkjecfa[Z][Y[YTHPWSJVbnwtjlvvpmjkkkea]VZ]hnmlpqppd`npngijigjztqnimtyuni`dgijkfjlbb_^c^WaggkyxpjjehnldW`ormkmj`kpe\Z^emrpomkqqsqicg[]gomc[\htuqnnnhbfidZW]_fleY^__]VSdg[dkjg_YUW]YU^_]]^a^]c`Z_`^ZYVMWXVVYbd^]]UXdcZV^efhe_`][`ZSLQX]`cb]SX`_aa]^bYUVSV[]ZSPRZZOKLMEHRZ\VYZSTV]hnpi^T`lke^]Xagga[`b^afifa][_`\LYdceeaccZVZZVWQKKPRPMV]dkooi^Taiji`URX[SKPGDOPEICNURHCEJVYSTXVJLU^]MKOPQHDEONNGGNR[ZSNKFT`\TRWVTX_gd^ZVSPKRUXUUOLLJR]holcSPUKKX`_\ZXVZUOTWY]dhb\\VRQR]ehd`b^XYGH\gjhb]Y]^^\XOGFQORV\^Y\bhggYMVZ[^a_bgaVRT^_VRTQIFRSNHRRZ^UUTY]UU^^ZW[XWTTV]^\Z^`]YXWVNRUWY\TJQWX\URW^a^TKNYb^UYWMOMMXYUSIADXenl_RWVTQVQAM^_Z][WOSV]\WST^c`dfc\ZYXUXamwwmottl\Z[\Z[^aaUPU\ge[\ee[VWW`d_[XVXURY\ZQRXZZYSKLMSZ^]UUTNPTOLSVYQOV[XRUW[_\[[_\XTX`[RSZVOTVPKMMNHR\\WTTSZ[^]TKHMTOICVoyuf\UHHUVRIGIU`f`Y^^dgb]\YUKR^bcb\YPQTPLIORSVXYUWUROWZVTUTZVQ>:EEW\VNSVVXS]aZV]Z\\^blusbDMX\]dd]RLV`aUYdaTX[UMPai_UU^a[WYY[a\U[ZU^a[TbnjWZ[Z][_iicbn|€t`^[Ybovsh[\hrnffd^X]dd]W_`[Waef|†ri_\WTbcb\TWPTfqne[\]XZa`bfgdZSXafeSWcf`RLRVfjf[PMONR]caUSOGHOU^mtn^VXY\bdb\\^_c_WQabUNU]_ijfeddca^`a^ac]UPV\UJN`r{wow{snnikmkc`ZWX`effgagswsnqrplmkefgkpjjfhqqoigcglopqplh^ac`a^Z[_inrwwvoolieb^afkostkesvildVT[]eedfhrvtjckkeejmgkifksphprhUamncXY\cjj`[SU]Z[djlpogca]]YTWVWXVVZ^\Y_^T]fg`\\RLGO[ejkibZ\]___\YO[ba_`]V[_^\\Y_if`a_YYX`dUPV^d]UW]``ZVSTROQYZTXTUPLKPNJLX[]ca\]hlkfffd`\VYeii``fbPBNTZZSP\\`hlh_XRW][NLVPJHGN[^afjdb_XYZaid\XT\XI=BFMKLPBLW^]__WNQZVNTWYWSSQUMSbc[XWX\[^_ZTHRdhe`[^bc[QPV[WWWOJSQRWW[WZ\RBGR\a^RU[[TPPX]^UMNS`ebX[ed^T`jkg^Z_nwtmmsqj`[XbgbWRPJMSQPTZ``^\ZULLM[\djjf\PMTY[_`^\]USP]dedYYSOQOPNLUQTZVTZ]\TMW_aiid_YZ\YX\_TMW]XTWTMRTZ\VUNBO]ZPC?KJMR_]RKS]_^__\\aaXRUTUYTMQZgh]_fe_YM]lsri\TRTWYYXRXZTOZYV[UOURPTWRLKPRTQUX]^b_TFOTW\]]\[_mvvod[WW[a^W[]ZW[\T[cdcaaYMMNMPW[\ae_XQRQIKQRRZ_`ba]\^c\Zfjhijin~ˆ†vh[U_ifacp{……ƒ€sgc[SLEFIUVOM[lmny{snqkfccfkkehhjptncOMZXVX_]OIRVVWZkndZ[aa[[TWesoc^^ZSR]_YYcic]bacrvgTO[_ZPIMW_b[PHM\fgjlgab_]^ZRTWSXagTR_]XVURSUX\b`gqywjgmkjghgghg]\bjnmqpnrqnlifkmqzzws`ihmqrurkgggigb]grokiga_Y_gink`OVaX[_`dhd`^aabdbaih_bgfgh^Y\bmsliidhmghmtxvxsgkd_a\`d`RRWVY]`^fok^_fbcfeb_^YUUWVVS[YT[cheb[WZ\VSQMV\WPW[_X@@IQ]ed^^[MDHQPVbc]VY__YVX^bdig^UY]]]XXU``NCQWXY\UOSVWWYVIMSPWWTPPQLILMPNMTZY]abc`akhcdb]YX[YSVYLEQUZSMZhhace_\`bdb]P]^SV\]WQSZ]`a^W[_bbfdRV^ZRPPOOIITQPVXVQTRJHRSRRSMINPSSVSJP[TAFOOSTWTUQEU_\QMRQW\]Y[]TPNJAKXbfeYPRPVXWUOPQOYjro_OQV^_][^QFPYYKM`fdbef\TY__[T[_\TPY\``bedb_VLQWVJEMGJNVXNCGPdqZYXXQILJHMUYURMV^XPNNPPQUYSPWWQZ\QR[^[LM]^VTTTPLSOHRYUMOXZOKQZ]W[VNQXX]`]YX`ehd_dfbWTLT^]XUTTUSQR\[Z_c[NDLY_[WVXUOJHOTLJJTYY_ebV[\XHLX\\URT`nnlhq~~taSX`^Y[aa]ZRPU\fb\_c^YTW``bh^[]_VPKMT_dfc`^XWYZXSLQTYZVVX__\\XWZ[VUTRZ\dlmdTKLU^dgbW\ehc_[RTRUY[XRORY[ZVOKNGK[edYURTY]_]X`b_TRPQURILT`fjfc_b_\VMQisnb\[YXZa`\\YUWUIHOVYSOPNNUZRMSVWQVVY`^OL[UQV[_dgkortjcda_cdZR\ca_a`^[\_[][ROZZQS[YZehcUOVRKS[UXgki]PS_^a[Vakhdb^s……qd]U`jpkmorrx‚qZU[[OGCR[a\V^klqwuljoe]X\`acceZ`hklia`[WTWYRQOOZ[Q`pna]fmjg\WZagfffbWOWYYZ_hnhad_hogZRU]VKONONTVSSMVadcceaYROT]UQSJWioeOZ]TOPSVOLT[^`gvxsjihihffhjklgbdpplmmlnqsqhjkhoutqfilnjhkolilqsiagkkhfkiebe`[]gnibabY_iigcefe_fkbZ\^chkikrtoa\Y\krvrpw|qimvxttphotmjhdc_YY^\imd_]ef`_jh_gmgZ^ZVSXb`YZ^\]ihh]W[_]Z]`WNVXQMV[\PFENQUNV]\TLROSY[_^Y^^^[]YZYZZWTSORW\\TUZa]\a`Z]aZLMTW\Z[YY\VPGLQROIMOORVUY]VZ[WPX_ef]]^gh^^]_bgdZURTXGLcc[dmkba_]ff]Y][ZTPT]Y\XX`_VQZ\_bd]X\YQOSNHIIOPSTKSVQQRNQQJMPOUZTUVX[PKQVSNMJHIIKVULX^`^[_b`]Z[[VI=TZWXLKOW]TUTLRSFCKNMZdosjZY^\UNQWYPGMVWT]f\Z^]\WUY_YOOW[[TZ_YZb\WV\`^\_[SOVWVXIOPHSVQgkb\PMPQSTSSQJJT]c^XZRGEPYZSOS\ZYWSPZ_c][bb]WKBNMMQLU\a^[ad[KNSPRTZWUVLSahhd^\ZPS^d]X^]SMRYX[\QRSMPYRT]WNIFTZUKMXXVPJROHLEHNPYd`Z^^_]UZ_]UQZ`fa_afs{yiXMORNWY`_WPQYYZPQ^eji`djgmsnc``b\WRMS_hg^VXULFJRRQQX]a`]WTV_^`e`UMTWZQT^ff_RQZ_ef^V\Z][VWW]ZUU^c]MKQRPQX^b[OSall^UV`^XXUNKQXVLJTVOMRX\cga\VX_]SL`qwzukc\^]\XSS[_^PKNVUQT]`baeaWWTYVMOQUY\WYZUVZ]^]chnokiph_Z]_\UZbda\VW[]]_^YUSSOFP[hnojaVXVOPUQU^kneWNYdbWXR_d\W]at‚ˆrfVNclkqqmkrŠgXa]SMJMP^d`Z\co||slprgQHSYTV^]RSR\fheflrk`\UVZ^_VRdkgf_cpuna[X[_ce_YWV^ilnuztf]\hnaZXRVPKRWVA=JR]`YUW]Z]__^WQ\^]^^W[b\MPejcXRPNLU``^bjvxvmgjlgbZ[hopjeovpskdchhfgipknolnhjqtuspdaddqrpmqpieikihikkcaakqlib\gppmgghgbgjhfiklqk`\enme`ccdjprny€{uoonqttvuusqlaZ`ihfb^ae][`]RO_jiegaX]ffe^baYZYV`eheaaeicNOYXUTWTRSURMKRTYZZ_d_[V[[_fefg]\dc^][XXXZPJXWUVUTNQUW`ceg`\^\SPQX_\^\^aZQPQVZYOKRW\^Z]efdbSIQZ`fif`eeca]WV[`\ZRDHTY`\W_gibfgedffc`afb^baTNSZURTUWWVWZ\WSOPU\UNKNPTSWMPWRBFHJLPSNNX[\ZZ[\YRPLMNMIIMOKNT[]]XZ\_caWMQVY]JIU\d]KJRSQTTUUPOONRW\diih[OY]WSWXY^[UVZYUKNOOTYYY^^]XTQOWXVVRQ^_]bc`\Y__WVUMNYVTWZWZX]da_YSVYWXYPJHIPQZac_SMMMZ[SOPYa_]UT_cdea\[V[[PMTUZY\\Y`c_^ZUSSX[XNW\ZTKNV`_UKTWNQXY\ba]WX\^`^TKPNOXZV]\[\SFO[ZO9Q^XSQMHMMQU[chh]Y\^d`_dc_^^\XWY`hilpri`_ba[VVXSRT[`^UWdkmgYU_giiXTZ^ZW^d`X^c\TNO[R<;HJEMWY\[Y[\TO^gjc]TVWX]_c]OKOW`c`_XUUPQZa`VUX[cfcRMPPTU\ee_\^^``^\Z[Yct}|saXSRPPPQXXZ^^WPLLV\]ZSXZ^^XSTTY__[WaeZX`ebWHNUJMZ`_XSKW``[UZ`f_]a]VWUWXZ\YSV]\VVST[YTOLMU\][YQ[aWPZb`\RRZUKRdvtneZZ`WWYVX]]SIMKFOVPIMQOS\cf]VZYTUahuyrj_QDHNRTXVR]`[VRQTSMKVZQOLPbk^UPS[^ZRMSRKQNMWeo{ypg`^Y[ehfab\]hgWP[faXYUSPRQUdpla``[^VNRclgYLKS\gkgekoi]YY\j}…‚qeemqmuytmgks~‚ydgkgdYY[`e]]gnny{kT]f\KORNUW]\PSQ\itofUQ]elpg_Y]dfeke_epyyoaVWUTW`_YX[]^_[[[[Y^luvg[chd_hia\\_UVcmiZMTXZNGNYXVYXURRNOW]b_]\XYXZYXZY_hgdlrrllkia]afedjnmdiifbcbfkggppmmc_djmojkpsnnpniekpkecmsqib]^]VZ`konidbbXS]hkhgddhhehhafnodccmniaZdmmkfchijeikkkdaeeacdcaZafbXSY[X_[]eaV]ded_W\^d_^\X_b_^^VVSRV_fie]QHDJRQM^^YSJDW_[\YW__]ZZ]b[X_b]TUXVTLKOPQMXcc`\QMYffVU\dc[Y``^TVZZVPNMX\WWa_XRQSQOYba`[]^Z\ceciljfggge`behjggfb`]bgeWW^YW`\\``cc_^\`ZS^ejh]RRU]\TLCGS_\NRWZVNK[[QMKIKSTURIQUTPYYMJUXPDHPOFHJLNLIHOUSPSRLNPKLKCMWWP7E^fg]RMJKNJQ\SSUTZehd[YedZXXYTSW[]`dfbWPUU[cb^`_]WP\]X]cmmedMVZ]_YPLVYWONRWX^c`ccZ_fcXPPJHMT\`^XUKQSSWWYWTXYVJNZYVX][MMUSNLQX`^ULMUTLFHSSSX]ZURQXULMRRXUSNPY]WMMRUUUUWNGUXNQY]`db`feb[ROOLTSPPOSVW`d]XYVNGP^b`[WVZ[fjd[VUZ[[]]UWWV[Xcec^ZQXgmndX]ab\URKQ\da\XPGHOV]c`XUWV^c\VXZUW_bWPV]]SHCVVP]`]ZWXZab]PTagg`]\UWSTWQMQMKYYUSQJLMQZZSTWXSQKTaZNQUXZZXZ^\Y^mqkb`__QHSY^cc[SOQUQQXROOPIM[eaVX_]YU^cptmbRJNVPRUW^ed_ZZacYICLPRSU]edcaWVV`_XRQVRNJNZbfszxpjhbT_kf]__gnncYWfg_[WTSIMWdkj^_d[\\]`]ef]TXSQ\c^bhicea]__^lx}vnhuzkjlmlko{‚yebaa_\Z^_`\[bjhnyznfieWVXV_gik`NT]nuph^QIR^bY]_WUagigcgdmxytfQLX^fj`WTbmhSCPV`[[gnkd`fifdb\XY\[Y]gh`RW^ZSOQ\ccbaYVXXXXZ_b]`^]XWWXX^^ZTM]jj_cfehe`YZenm_nxvnc__]fgiruiefkhcfea`][ehhmnpvsnherspocZXZ_d`jommjcecggpoi]Q`hnofUV`cfiipxui`bkndcjjihemokmecpoa]kk_]_ejc_`^YWVVeeY^d`^^_dghgdXX`gbXVWXUT_c_ee^WNCHZ\YW\_^^^\[WWYUVWXOSWTSQVXUNSVOTRPLP[ZLPWZfeLL``SOY^_YVQUYSQZ[WTXQNYXPRYZZTQb^NUadd``[\[chgedijggc\cc``cffg\]_^cdWOLFJ[cXSS_bc^PR^]Z^ZZXRHNZ`^UO==MTUU[USNDOXSOMHLLOLKJMPNHLZ[TU\\URSQH6HNJMQPFEOUXTQY^SJJDPRTQEO[YZ_\WPRX\\XQMOSWZ``WT^a]UTMNQPVWYce\\YXYMUeeZR`cZVSOR_hhhoUYXagcYTW[YSTZXHR]\[_[UX[YY[UGH[`a\RM@JJRUYZPPOTOINX[^ba_RFAHRV\dd^QPPNGBSWTQQUZYXX__XSPU\TPNWXT\`\TW[^[SGFTVSR^d`VVT\gkcWLIKRPLIDJTWU[WFFJPRRX]aigY\aafb^\RW]^\^^b\W]\_daZRNRUUZ^b_VU]b`]SVXadb][TTUX]db[\Y[`a[WV]^eh]TONOW\RWXO\e^PFURVWTSUUZ^bb^\`\USVTUSPRNFIPPONRY[XTSSNOVURUIKRQOWa_\_`_jok]OUZTVXRUX\[VRSX\WLPRLNX\dgjmleUOSU\fkmmeYTXVQRW_c^YULOXXPD>JPSW^b_\`bZSWSLNXYWUINXU[iqrpjge^Zbeemnd\Y^`U\bgmiaZRRZ`efbcc]][dnnlkkhbTI\lpaa`T^ebb]_]ctx|tg|€vqwytjer€ƒ{h[XXY]\XYVX_lrqw}wrpkhige^aajmd]cgoof_WILNTTYWORX[__hsqqsv{tj]T[\_\]_]lso]OSQN>Pirn`YW\aind\[_cjgfd_`b_`[P_fbfh`ZS_fedaajrgLEQT\XTKOXZU\b_fh]]da_elorjtwqnmnnedptvslghkrpkeammjnspopmojif_glifaXYY\`][iibijiiegkqtshbjjjcWXekvvtx~~ujfqzukknmjfjjlmkbfld\jjccb]`b\]^__YOOWQW`_[\^aejli`VZbc^ZRQTRR^VQXWW[YSZ]^XQTUUV]YMPRRYVSJIQNINZ\XKRZ`^XSST_b\QQKQ\WT^^a`cfbTNY\]ZX[^^ZUXYY\VSQUVQI[]WSZ]Z_\UY_a`^[\bfjec`b_]\\dgda`a][[ZWOQTZaZV`gec^VPYa`^^YT]ZOS\b[UUIMVROMKFMKKSVMIIPPKKKTSPSRXWZZOSXTUSQQHTUVVRROOOMPV\d^T9>PPMRZUMX]WX_da[]dbZRV[YYYVXVVZZ_\XXUMKYb_\WUQUajfUTVMJJ@GIQX`bURPFMQPU\ZcjjiYNTPRWVZbhbWHLU[\fe`bd^VZ[T\be`[cefd_XVRX]^YZZ]aZ\\`gi`WXTY^\\`UOOUbdcceVXecbb`[WXX[XUSS^cTMLTZW[_YR[b]VV\\[\SFHMWTSZQLC>LNRUVTUOHNUWZ[deca\UKIOLJPUYYMT[Z]Z]_ZUVY\_bZMRWUZZX]YSPZ__SP[`VJMQNW_[^krVW``_[[[TQTVSQW_gf^[[RKLMRKGRSTVYXXSFHMON[c[XYWRVPKIGILLRUNOSTOPT[\\WJ?IIJP\YRXYOU[fi_RZ^ZUNPSWYXOGQYX[]\YUNJTYXTRRV]big[\ZMLPOOMPY^[Z[\WKQVWURX_hg^NLGJRX[]aaVUV[W\fgegjdZY\VS`d[UVV[e]LQORTPRW]ZY\[[ac`\US\\WY\^[TW^ef]\\YXbe^]VT[[]\TXZch_UVRPQRTTRSSRRINSORYSFDX\MGS[UGDKSRNPRQSXQJV\WYcllfa\SONKGKNKKJRVZUKNONH@HJS[XOYcXVae^_Z^b^_gourbSMOTROKQTSV]ehf[XUZb`]_[WXTWVVPMU^dhfXFSWTWa`^Z\XX\_agf^chba]TckiaYV]ZYRFGNYaa^aa``fb`ktpc[hkddb^cjhWIOamx‚‚{mnvxwlZ[aen|{o_YOTQY_XO[mpv|~uodIDQVesreXce\OW^^WZhjb[TPY\ZS_ceZU^gg_apti[\ZWUWbeZ\jmeUNW\fhd[\groe_ovrlntpd^YLY_\[^YdhbXVRLUage`\SNW]TUVSVRUKKQiuqbNPXY[djmjbhhfistusnlhnklhabhmpqnjmkjeslkolhdlprnbfiikpoicVZdghmuvsy|oikejdV^dc^``Z^kjgqywqf[XWU_mspgbnojgbcadjlfdilh_\XZacaZW[__\[lnbVW_abc]\\VQOJHPMV[S\baVRPOQMRVURPKAG[\RPPLMV[XTXXTST\ZWSZWKS[^\ZWU^[W__SW\XWQTVX`d\UZ[XVRWRZZX]XMSQPSNDMLGLYWYY[dkqqqm^ST`fhhki^[ejfdd_ddQX^`e_QQWWW[]\\Y[`^XTX_`^`^]UMZ\PNPMJKFKY_VITVOI;DUXXSSRTYUROQRVUMLVZXUQNMKNTVYXRZXPI<QYXQGHWfi_QYgjellbSO]kodU[Tagfhebmqps|~wiY[hmjeagin~‡…xddnld]^\X_lpwxyyzwhUOUahgfcb_\[ZXXYUUURX`e`Y]``[`aZRXYWamrla_a^[^eb]\bibR^^ehdZVJMZa]dqtf\gpqh[Y\ZY\\[[gjda`a_W\rxpbYZXW]YQ[WLJPTO]llnkcZbrvobeglliiiegiqrqkhfppkgfowwold]WZmokgeiqvrg`clpollnjb`^bg^\hqsoq{ƒƒyg]dhd]Z^jpohhifllcadiighiljkf\Wdd^`a^b`ZY]Z^_b`de_YXRRZ`aellnnj]`hjfccc__eddf\KQQNMRX]XLQVVRPDGNMHGUZVP\YLHJNSTLHPTSSPOVY[b`a\TNW`bXZXRNKX\YYZZbge\ZWLUTXY\PQOMHCAP_UVVVVY[binnpkefe\_`Y_bbcjkehh^Nbcccde_\]_[W_aZXYbbc_`\]cf_SPUU]b_]^XYYTRUMPIHNRTLEIGFHLRSTSOIKFBBLLH=EWXMNHLTWWRZWGLWTPKGRWPIU]aaRPSTV[XY]XVZYW\ZVWTWZejnlf_TVWWVbf_VRMJSSRROILUTW]]b`__ZSJQVUQTdhd^[[dcVTWZ`^YVZWUNLRVOOQUXQORPNNPL][USJOMOYac_WTIINXV][V[V^hd`ZSSQTY[SNY[TRWTR]bZPV[YTTSUZ`[USXac^UMR]`\UR\fcYTQKEQYWZWT\XMP]_[^ZAI^daYSTSV\XWVV_ijhcXZ^[XZbe_RKQSXVNX_eks|{qf_^^`ZTU]`a_\TUW[SV\_VKNMDKXafcZRPTTQPVab^WV_\X[\YTSWVVYTTTUVSW_^YQRQVXQPUVSQQQWRTXTQV[WW]\TM^d]RMPTYZSHOTTSU\cghdWNONOPU\Z[]QLPNIOUSSQUWZ\RRXXUPX]XXirkZOLOYbc`a_TSXVXXRUTOUWXWWagaWUO`kje]OOTUVRJHRTRTTMO`hg^\Y\bnutdYK?L\XTVQ`loeTNT^^YOX`fb]PUdlnolfcZP[hljhaecYXa]ckhj{…ƒt_Vacc]X_fit„‹†ndlh_UZ__]]isy~wmcQNYcddc\UW_c[OOW\aa]_][NQUXX[`Z[bddblurk`ZQP]mncRSSNLabdjlkgYMMOJXlqicjrtnb`fc]UY[RTVckcZ\YWepl]RUQV\[Y\ZSSVciggcflh`akrnhifdebdgdgfgiijjikolkhlttkjkbb`Vf_\diqolnnjdiillpspj`enkihhkfeq}‚…|l[ghdcdiliepslednqpongcgmlopl\^eabea^]X[dfb[]bh^WYUOV\^ccachonb]cfeaefdd`[[gi^UNDGLKKPMNOMOJDDNLOKLKNJQ\UDHFWYPOLRWTDBKYZ^^_c_\\_b]XWYZNMWZ]_VPXVSYQQQQOLX_^SNQRMJPVPTXWX_^Xaehljgd\elbZikimn``hh`]][]_c]WZ^b]adRGMX`cfecZ]dd_XRMZaca[VURTTPNNJAJTZZULFLWPMRPQJBDKLMSRRSDITOEE@LQNCKQHT[VWRINRPMQ[_YVWPRPXZTRRYY^`]QIY[UWY`hkdXW[[VLYd^PRUOQVNNQSWZTSRU_aXSRQSSUSKSgkdd[\cd]^a^b^XRKPSYVRZZWVWWZWRRUXTNV[\ZWNKCEW^[YTLFOTV]ZSPQW[beb\_bZZZSP\^ODLRVhol_VW^\VW_bb\VZ`efdaVLKRWXZR]dYIGMLKTYad^\ZVYYZ^bbUCWcaRKMT\aXPV_bgje^YQPS]c\^^YPOQMHMP[^ZViv|yn_\[YZVWWRRZZTLPZ\]][TPT[YVZ_ZYZOIHLIOYbaXYdibXSOKLQQSZ]VQWSa`WXXSPRPNNCOXUVWUQMLORSRLIJSTVWS\``]ZWUWVML[b^RMSacb]TRXYVQU_ba`[RROTYZWXTMHNWWUXURPFQ[binmf`WTRT[jtpWFX`[RHPVVWSYZY`g`WXZZed^TEBMNIMONP\YWVUN[ffedeigflj\UMEMX[WPRYeli^Z[UMTS^dd`\X^a[akaZW\[]`acfd[Y][Y\]ZSp†‚jicba^cjjir~†‡peb[^Z^a[X_fk{…ƒ|qaWTT_aZbaNVjm^UTPOXaackgVWWSY[]UYahe]colif_WV^ekkkeUBHRSZfnmf]RUTUXcgggfemh]TW\[UTVRQYelh^b`R[ce[YWTXVRRNKWZYbospc[ba\_bde_de[X\cigjnghosrjkmmgffssh\a^cgqpkhgehhmqongeirmkoljfikeegkkg^^dox{qikjcclnoncchdba[]cknonnlhltrmc[`baZUXZV^cc_RSbbVNXacfgeg`[\`aabb`YYZ`kiaYNO]c_PKPWVHIUQJCALNPRRVWXOLRMMQJQY`aUP[af]NJCL[[[_`_\YP_gb\]YQWYY\cd\V[bcYYc`WNPSTMLPW[TKMZNOWcheZUZXQU]^Ygsjciljffhhhgh``[TNJQ]dgh^Zag`WU\`_a`YS\bc^^Y\[YTSTPJMNGIPPIDKRVVVNHMK?IJQTSIC:9W\TPKN]aVHDJRRMLK>LVWVSRSZ\WTNQW_`ZUQSQKGVafd\[\UWb]W^]ahiZUZZXTR[[ORXYTUMJVZZXXVMVaaWMLNTQMLIJYdiolQUW`kfYWY^b_`_\WQ]c_TZeaRMU\_WLKTOU^YMCEGJONVZPKSQU\ZR@FWWU_]XX\][ZY[]aaYXSX]dc_\ZXZTNT^_]`bcjh^ZYSOLGLPT]e_LFKMPY[gnh]QTZYOOUVXSR]ZRGGWa_[PLYdb^YXRPNO]cc`df`\[VY^^ccbZ[_gopolcSPVTVKEPU`eaWTWZXUEVgjaURSUUMSUPNYYX[ZU\kndUND@MRUSVVQY[_ZXWTXZXSPQMNVY[a\WRNRSXPDAKVYRJNQT\ZVWSLFGIS\XPNYX`c^QSUXUNV\^YRQQHMZ_]UVYZTNGT_]VSJLVZchfb\\[VUP\jsnXVZ^]LIX^UV^XU\`]M\caZVSSKGPRQNVXT]ee_[PPXY[[`dbZ\[TUUQRTT[XY[Zfkjf`XMR___^fkga_XakcTNOTY\WYY`aXSZWYZX\j„Œ|tlddbfnrpfs{ƒ‡qhpslab^X^gdis{ƒƒt`b_UW[`aaXetrcSPUWS\gosgWSV_deflnfYIU`acinnjkjhhhkgWQQSZhtula[XZ[Z[cqqhTWbcYW^gdWW\RIZg`SZ^eb_cb`e\VXJHOHMVXYitwlb`aSSXY]elm[Xaltuqoiflknmioolmhgolefbgqesurjghmoqmjkkiltthbfkmnidaktvjimorunmlli_\_fgg][bjlqqeZajrvrjabllgdcbd]UUZ\VMUX]]VYbeg_[`gkcb`]XWX\_a`^]]agkc\VPSZ[YWSMNJJQSPUXVZ__]XXYSTWPIKQTVZTMJLX_]QSXVT_ccYPMPRRbg^USKSUSY`aa`cgca[^caUIVZXWSU][KCVWGTcf_QO^ZW_\[allbb`^a`chh`bac`UXVO[fjjc[glibZ]][_c`Z[__^bmkjke^_a\`ZJIOMHNUVQQQPHHPJGJKKB:DRQMNDABFMXTDHXYTSTURWRQQX[QOW[QJLRVVSOPV\[QKYfgf\NDRVWUSPbpul[WURXZ`d_VVRTTPFOSTVSUYWUUPJFGQNBGRUOMNEBVXRQSQMRZTMQKKVSNKBFNQRURFGV^ZUV\XW\YUVTNNXUUjqobTOFAMW[]XSSVTUUKNY^\URRQNWSNUae\RTUY\\[`ghRQ^ZNKKMJY\XYVWXUOU[[ZZWQVNLTMEHNKSX\\YQHU^[Z]_VVXWWPKNLOX[WXPINMRTX`_b\RRTQJFFKNJFFSWY[XOR[fg[RYVRU\`UQUUTLQUVZa]^]^ac`[OGMUW\gj]S`_S\aa__YUNKERVT\[RK]dYPPSTWSSTXXUXab\fmmebsxqaZSPTXYQSZZ\\WQGAO\[`[TPNVYSY^ZTT]bceb^YTUQTRSX[ULRZWQQ_YVZWV^ZJHKT^a[OPNOMQPWZVHBNRVUSMUXU]e\WNLSQLHR]YRRZ]]YK;ESNMW[]\XVUXZ\XKMQQRQKHRUYKRTZdcWPWW[ac\T^qtnf\TRQX_aad`UMJSRPPU][TIMMOVSSWWPQX\ZWdhc\SORPU]kmie_XSY_`ZZajjaYZYZ[akm`SU`jtrcWgod[^b]PQSWXTWdnoha[MVflm{ƒ†|gbbaa\[^cnry~mZY^`c^[\VU]fu|†‹‚k^c]MFO]\O^lj^\Z]deY]p}{lXN]ifgjc[[ZRQTPXclswofZVW[^`gllgeifUNXSRVTjpk`OGQ_dggdbRMZb]dlnha[cf^KUlwti[OHLLJSSYnphQS[WR\\RRTTdjdbkljnidmsspgmwqmosoihookfieallioossxxq`_noqqmnmmgYZdhhejmktyuniknkiic[RUdic]biqrlknqoidlrqhchggbffYWOJU\_ba^YWZSRWTUVYYRXc[V^]VUTWX[\YWTQNQORSZ^YSQUJAUZNLQOKAOSQX^[TY^^]^[YUNNSPPRTOMYb\bebcYQZ^`^\TYWPHLV_[\c]Z_b`^^[]`aXX[UVVYYUYZNKN\ZRQYXMP\ilfdgousqup_\bc[X[[ZUXXZ\^UW]b\[^TOV_`]_be`YZaea\Y\`YF=GOQNIHPWSIHLVTOMMRXUSLB8IOKQURLLSUPMMXVWUXWYZZ[SLVWQTQGIPQVUOKPUY[[ZPHRYb`XSCNZW`jlhZKHIJTVXMLVZVLSXKNYURMPZ[_XUUZ^[[[\[^cablpkTMX^WWYWTU^]UZZXYU\XSJIOV]UISMBEEHOPRWSLGN\\Z`XQHR[\RMDAHYff_PHDJPRSYZZ_`XPPSNKUSKPRYVUXVUW[c\UYVRRUXYTSRPCCOQS]aa\^cghiaUVSUX_fe[__WX`]\^_[XQOJLKMUPKLQORRY]_[XZZXMQWVQSamebr}yspe_WMRWWQSTY\XTSSVTOZ\VOS^XT_b_XQQcf]PWXZ_\WNNY]WPJVVKT[TSV[`YKIJOTYYMQTORLQOVXONPPMQOSXVU\d]VTPUWLGO\]U]fhih_MCGHFJTWVPR\^ZTQEKVXX]VLNRYWXXU\gaUMP[cfa\UU^_gcWRYZbcbb`XUQOMOHKYb^QHN^aYVOIFV\ZRQ[ea]XUUW\bhffc]Y[Y\`_[bkmeZVUPTbnnf]Zbfjooe\daUU\]WZ[QOPI]clog^YSagagy‡‡u]]ZWW[]hptyzzu`MWejfb[T[fqnn‰‰|kgf_]\\bYZfheec]WY[ZdtxtcO\ea_e_NTS@=ELQ^bdmlb[\TPYY]cbfjrshaca[\Y\cc`ZZ[clnkkh\W\_cZVZ\_\Yac\TSV[YXZSMFHAKWfjg]TTX\[WTSVWY_`ixukojjkophb`opgfopportokkmkbpkjqurkpofdnnmnkkhahikkkjinpmmppopihkf^__`]aaWbhghdgpklikiikklibSTcmg[VNCO[aacf^UUSKXRRZ_d]_nnc_db_]WTVWNFHNWXZUVRRPMOONKSUVYZTMDFQQR]a[SSTWWY[ZSNSQPMPUUTNOcnieaYXTLMWMNYVPKYfiifa]YZYWZXWXWWVLQWVSUTUXSJRNTXNIVXPUVVXXQ\mvsrtjZTYb^VXYX]]ba][ZVY_YV_ZUW]^abbfgd_Za^U^^\adRFFSYUFGNPUVNGDIMIILMFA@LJF@PURPPORVPG>HHQTTSTSVTUY[VXTLVXZaYKMRXX[^YWXXYa_YWTRUW[_[`c]XTV]\ZYST[XLDIKRYUQRTUUTYNIRY___ace\^^bgmDN\[\[YUURTX_e_TMPTVRHHUUPMMPNKHPKNUYWPPWYY]ecWNN\d]SNHIPWbbXSQQIQ\daXX]WPXYTLPZXT_b\UVVS[bb]VTUWVNMRXTKQTLQTNOZ[[WVWcjjee\P[bdb[R]]VSZYXWRSVY\ZOLRSNPRSX__a]a`[VRKOTUQIO\[UYdouwrf_SMRVVPZ[WPVY[ZX[ba]ZV\[TZ[WSV^fhaVTXX[[Z[[\cd]NQW^\]VPSW]XJHFFNZ\SMOQ\YQPRUSSSWTNY[ZQPY]YXUZ]YOJGVXXckmhe[[UQRRPGMSWVSXRNQQLRZYXX[ZNHQUUUSXVXULT[a_USXXT_nodXX[a[WXZWTWUPOOT__PKM`aTJLEEOSRSYVWZ\ab][_aec\Y^c`ZWXZZ^hhhibZVWcjf_XadbW\mpc\[\VX[ZY]][][VXSmia^TXbaShˆ…sf_XRVYbjt{}||{mZdga[QX^eljir|ƒ…}iig`[[Y^ce`VWX[[___Yajkg\\gf_[PESZPHMOQWcedcX]_VYhojc]agjsqkiaYacYV]^`ed```hrwiTVUVX[WUOJIO`g]\YOPX_\PDAHIQUagh`Y\^ZRXZTTXersxysnsvqrmfa_kqopqtx|yyvuplnhfjbclolonmifjklb^]VYlvvpnlihhjmqoqiZ_bgc^_b]]^]houwtoe^enqjedhhb[Y]hld`ZRVaf`\cb]_^`YVSYchhfosnebbbifZUXTHWXTOPXYQLIIHQXTSNJVXPE?JROLOSQSWYWTWSGY_YZ]RQTU\a\XUV`il`ZSQZWLX^WUYYVPU^``dgb_\UUYOT]YNMUY]ccbUNHVa_\[[[\[TR[aYceg`VJRTQOTZ^YSMLJJNRPJNWSMWYXQPSZZUJCWea`hjbXPV_b\ZPFV[UXVJ@FALY]_VICJPSVVZYZXT\d^VRTZZ`f\SLMY\J@Q\_WHWWTVLBNPKFNQV_edjj\QV`fgehkaS^b_VTTOOUXTX^XXZTS\`a]Y^cbYTUX[WQMHV[[X_ntpmlleUQVZ]aa[UY_]WV^bb\XXWTW`^YTW[^^XRQVVYbc[XSX\YTUYSVZ\W^b\ZYQLOOQVVXROR^^WKILQTRMPPPTQSRSUYTR]a\OYYPOLZfid^NUYVZZUG?LSVXSLFKLQQLRPUX^]YYWOUZUPYdaTTIJV_b`YTeqsib]VLQ`f]XZZ[VQU_b\[V\[PCEINWTOW`]SQUUWVU\c][^\clk`UQY]dgjkdba\QR]a`]]bb]LerlaY^^[ZYTQQQWTMSVcaYQQ[`^\q‚Š‡wdbd^\Xagnsv~uZSX]gb\hb\LPctŠ‹|kgdb\XagfaUSWUY]^UIQY[gjdabcXGNSVXQCRZV]`b^ZUWY^jusc_daZirrqi]bkh\NO\ff`TFYwycPHJUSF[^TLQ\`cbUIVXRQRNELTMEP_ijeb]WPOYSRRUhyz{xpu|~vqlkoprttqinx~~yrngkjlus^Y\eghhgceiifihf_X_kmekplilosqmilggilkbdfc\`aeejstpiaaiplhcgpod_Y\dhjbWRR``XV]XU^`]SWbikf`]ghee\TYc`\WRHLMLPOSVXSOQTSRQOPRNIFKQOKMMIMSULKKDQZYTKHNMRZ^YJGM[cc^^[\\\YWWaggaYUPV`c_^aed\\RV`^]][_c\WTURVXYTMKYa\WVVRQTOPX\_inka[cc\[`fc^^XRPMPTV]^ZMTZ]^[NM\_]]\\gj_^hg^^dcbc_YXXZZQOZWRVTLHLNOIDJORPPRV``XSZYUSJMQQX\YQTQKNPPVUTV\`XFPXQNMRUVTQGRelfaXPVYWW^WW[SRXUTRVcppgWFUXMMUVXTRYW^^ZYZWNRKLORPRTWVX]_WafaYRKKKOWVQV\VVWQSURQ\b`[XUXZYZ[Z]_]VPW\Z\feZWX\ZRLTQQUXRORUXRSV]a_RJHUUOTZ^`]WQ[[YUYadZWXTTJMSPSX[\SLQUUXRMPWZ^\XVY]`adfaWPS\eee]Y\Z\XZ]UNMLMU]acic\]^VTTX^SNTT[da_VX[^\[^degjv€€sYTZaa]VU[__]^VJLSWWYWX]^VNWUWY\VX[]\eh\P\ZTKDPSORTVU\QNONPRZXXXRMNW[bcYLRZWPVVJIIISVWUW]XY^VLKXXPKJQ_e_VQQQUZYNS]_]YVQRUJITUQLQXX\aa^TKVZUY]]a\\VPY^\YT[bnutl^SZchaZ][WTRQX]_ega__XTTVYVRMRVSMONT[ZROLL^_Wdkgf_YahbZ_`^^YKHY]\_ZUZaWThmc^W[\YMSRNTSLHTYdhfYPS_hikix~taY`hbagmllit}wbTSYdidbb[YX]mrw€~whZ`gdeda\]]^SLWa_[YXS\c[ZRWVT`bXUUOBOW_aef^]TX\hzvb\[R^jkijea_]a_Z^eebZSQ^nnf_VNT[W_hf]VVP\dbVNVZRX]UGQVIQ]fic[RKJSYVVZXCUm{}uquzsnjblwwsmg^dlqsssqi^_hrvs`dmnoh`^fhe`ensrplmjhnqmahlmjeddfejkkfdjd`dnlf]ddjjeebfihedkrme`[[_ee^ZTTQSV`he_``WYabcghgba\\\UMRWTWVIMUXRORKMNMVZQKTVW\\TQTXYUPORMHRXSOIMZ``WQPR\`^YNDLXac_bafjki\YY\]_^^YZ[\aa^abeb[\`][VX^`_[]WJEKIW][WWYWTOKSahdZSXb^Z]```[QYfkjge\UV[`]XTWZXSKS_RIWWYdi`fgaZa`UTbgbdc`YW]]VUZWMGJNQSUXWVNGKKJSSVaZWYWRSNHV]VS[[PMJJKGEFMSUa^S>DJNSJFKV\UPTakqgZWLLS\ZQWROPQRPPK[gkfYIPNTSYZ\`ab\TJJZ[UY[SJPVSQ[ba__[TXUW^VDEOTYUUZTYe\XWYWPU[VXUWY\^`cScke]\\\QFQ[ZVXXNMMRXZWUQTVXVURQU^YUOWZRMXdec^YXbhcTU[[W[]YTOPU^`\UPKRWTQVROQX`^W[_^[UZ`edZJHQblk[SSUJ@ENQTTW`dffea[WPNMMMQUVWU_ff`XKMVSP[_[Tbs‚{ngjb`^WUVXSSUVPW[XVSMMZ\TRTSPY^XZ^]^bd\WYY\][[ZUUWYXQQY[VUTTSRSUPJQSWacYSURQMQKBLONQVXTTQLSSPSNLTWRR]ed_ULJOTYY]fmk`XLKPPXXZ[TKPQPMRVTMPWZ^]Z``WZYUQWZUNM]mvxqd[^[VQYab[XWTVS_lic[[[USWVYYVY[SNOL[d_QSO^kd\^dhe`ZbeZ\\_b[TMR\]]a]`kk^\feb]VVYWUQMQXSO\ahlf_^Z[abimu{€|oeii_bprkot~{nVXX^fc^dgbbcekrzzqg`_gpoiXUVWTUNIY`\XVQNRXfgecccd`[UPNHUZ^cg_YXUTXdtvjVOL^haYWZaXJYcc]ZZ^ZNMNYXZ\ZYYYTRZ_]]`YUV[bc\a_YYSNJIPNW]_[[\[IR\\[^a\Yc^eswvngakpljomfcfpppoolmja__ghkigpnlkgeddfllnlmsqnlekuwsnpmcabkhhfhkmgeefkqne^fikc^`a]bijkoplhfehghf`^[^`^Ybjlh^[[[_bcehmk_TTVUSYWTYYXUX^^SOMBEMPOGLWVQS\[RRUWX[XTRHFOUTVTTVUPMPV]\VQQKOSTZ]]YWbgkic^c_WZWZ[WRRTX]YZUOV]^\XW]_WTWXOLWXQ_]ZZZWTQQOW]fdRX`[U_cdb^_]ajpqrlaWXZ_YLU^aXTT]YNYa_end\]YTV^b`cb_a^XY[_TNQRRTKIPWXZ\]\SINTRTWWTRX^XRPWQPZUBLSTRMJR]]TPOKMKECILPX[VMQ\^XTU^fgbWNSWYTRQOMQKTRNJL[eje]XWVRQXV[\ZX__TVXTVZ\WPOIN\`_[][XMLJRXTCGUTVUX[WV\^YXXY_[WPJTWTUWZ]\ga``ZROMSakbUTVWW[`fb\VTYUUUU[_^XOPXWOJMZ`^YXY^`]YXWSVZ[ZUVTS[YSOLNJUTOY^[TNURJNURW\V]b^ZSRW]lql]\][N<9CTZWZ_dee^WYTVZWXU[^\RN[_[\c]TRJL]b\Ubmpj_dnjc`YXVMMMMLVddXQSQPY]_egaX\[TPWYcb^XYZX`a_eebb`_YVYV]Y[]QGLJQUKNVRTbi]IHOJJLJTUOELUPGJKFHRYZRLY]\bjkfZPOUOKNW`fnlaVODIVYQPUVTUVJPTY\WOT^_VUV[]]\^`YX]XVVesvmZUYVWSX^cgje[NPac][\^[]\[\XOW^VPPUVVUR[_cfaRJU[ZSS[]\fhfd\WX[[ZPPZ[ckbQQYbdVMWfg]RUUWSVZ`df]VfbfkbX[j{ˆŽ…qahbXhmisy€ƒtgWT]dcertj`XVguwxocadqwr`WXTPUWQMLSSOLPUU^dcdhkc[[TQQROU^b]US[[ZNP^fe`XNU\\SVTX]U[\Y[VPOWWUR\[\[]aed_XQVV[ge\\cdkid^YVOUWX[[V[guti^TGLT[`bcYQ]lusria`nvvlikkiimrptxtfa_cccefedeecbcfejqqoljiiejjhjmnppopmikmpjbcgkigjlnk`[acimmjl]Wjijqm`\ZW__lhb_^Z^_\W`ijhbafe_ilegija[\\[XVYZaa]YYUPEDJE@GJGPRGNMR\NDIIV]\TVQMJYcaaYHFIRXZ]WSX\YTSML]bXLMXcifY\aXX]XWWTSOXVPMJLV]\[YMU[^\XTQQZ[Z[UOXWOMWXJX]TTTXad_Q`ficcc`ejmoqrdTQZ_ZXYYWXXTVZ\ceafc`abdbaa^a`_abWOUZTMY_]WVSSYTQUSSPNQVWRKKPQR[]YZWRJPUQKHLRSXXY_\SPJNSUSNJSZ[YURT[ZWXY_hj^VT]\QMOSV[XY\YZVUcmke`YSSSWXWWR_fi`]\X\VQY]ZHKPY\Y\]ZZVZ\`]OFPPNSUVSSYYUVUR[`ZVRM[\[[TTXSVX]\_eb`^dd]QQZ^YY\_ZZTNPWYTUX[WSSWWPLQQV[\\VWUQNYc`WVWSVSQRSSQQJDO\^NHNQNMVSKQQJD[]X\VQSQYafkigbZQJ@;B=KY_^^db]V]XVYVY`^WYZWLVXZ_`UMQQV[[_]XYehhu||p]UVWYPIMRX^VX^[TUTXdge[SSRSVTRTPNRQV]\Z\_d]^^VR[VCVVWTUUTNLLSZ^VO[ZSTXSJQSZ_WRQWZVRRSQSLMOIQ`gkic\VNLSOPNKN\fonaTIIONLLPUUMNQSRLY[OIMQZdb]\USY]WYbe^__hni[X^\UYWX[_ded^WSTX\\_ZQ\jkaRU^^VW[WOU[bekpnfYTWQMIOWT\___ZTZ_`^\RX[Z^daWXcfZN[fg^YNV\RVZQZeb]f`ekfZV\iz‡Œƒmdg[dgcht{‚{sbLWX\[dqpbY\ekq‚ˆ~okmyweSYVW\_`[VYYULRXVGYlpbXceg]VODKWY[VPHPVJGSZ\ekfXPYfnj^\_\_^X][VQ\`bff[PX]dmpj_NXeege\enorqj_\YUX]TZdhdfv{qba]S\gdU_h^cw{spjorrumfnolejqvxrj_bgbVYgfc__rqllkkgbacfbZcfX]hjle\_fooic]Zbjfhmqpgemnkd^_ccfgegaZdhbmmbTP`fikpicbfcWXWXeig]\hllikfY]`_^_]WRLOT\`ULMNHAEJMSTTOX^TPXTXRCGLSVWRS\YLN_b^`ZMMMNQVUU[XQLNQSY_^Y[WSZ`YXaegjeZTQRXURQTRO[c_ZVQUVTOPSLHMQ]c\SRTYZ\]]NR`^YWZejlkkjfccg]\`beioodTTUV^`[TU^[Y^c`_bhjhecb^`ga_cdgjg[T[R6AXYWPLONJLVGJRPSTMTTPOSOS[WYVOF>JTQYXOQVZUSUTUURP]_ZOGHPMQRPSWSTV[^dd]XZc_RDPRUSRRRWVQJ[b_^`]YYYXY^\V`faUPQTPP\dbZRTVMGLQX_Y\ad]DHAKV[]VKRY[TJHQPPX[YXVUPGQZ\a^Y^`_a_Y_c`ZURTNHIPPYac_][ZXVY\]^]UQ_caYVWWRTSQPQXVWUY[innsxtl^ZVXU[__]USUWRMWYX\a`]__]_YYPLHDPWQQ]a^XWXWRKUXXSVVPSZ]YVPIQY[UZYWPHHNVPQVW[TURRY[NOSSURMX_YZVNP_]VVRTY[\W_gc^[Y]\^afgeiljY\b^][\\\\WVZ[Ya`UQWTQZ]\\^YTZXTYTNLPUVYafge][\]acbcbbfnrjgmnmjdbbgaXZ`c`ZUOUahlnjkojii\\[[\\ZSMQ\^VUVQGPQSRKKRWSKO\\PW]WX[YYUSRJIKOMOW[[[^\VN^c]U]^QMQMMPQX[YYROSWKT\YUUXWTQJHJMUSJV\XQThtp`QHIIKVWJIKNU\^]ZX]`^ZX\\RSX_^b\PFLQSVYUPHV\ZWWURDCFPNFGOQNT[UROMQJOcjdUMQ\a`]VQTVXQMNV^bc]QFCKKIMWVWVZ`_\^bZOQSKJMXYY__SNQYWRWXUOPTRQVNLTZYLOXTOQSU]]ZX^]Z[[cbb\KSXKJOSUVYYYWP^c^a^WUUVYWQMN]d\WXYWVhmaIAHKTZ\RDU_dhinqoljie]TPMPTVQLPTVTREHO]efbZJM]]QJNVSQVUTNMY]YXYUQ]]ched`\TSUUQMQYTKPTTSUTWQKSZ[RIKTSJHQWOIWa`\XTOKE@MJMPKXWPRTW]_^YQXVSQTOOSPZ^ce\OMRUOCPPU]\X]WSUUWVOQPEHFCJLTZULIV[ZX[XVSSORYYWQOPTTUVWVPR\^^b_RJV[_[XWY[``YJFQPS_a\Wbkkb]YSRTY`ehb`nla\WSamrohff^[`_ORckkcvƒ‚yggmkg`ao}†…v[VVVVY]`\SYcikhgw{roqk[XW]b\[YLOSQW]_^bdf]UWfmrv}{iMDLW^YNXipllfY]fggjhda]QHQRQT_YUcaTcmuynX\`[]]\Z\^ZQW`ih\ZeidXY^bovvuq`MSSZ`\ajhgjhb\_ac`bknqqtsposmgmppqkoqpogopfhmgjnptpopnwleWbmickuqkkied`^^fljknicdkjgekqogZY_fgca_\_]bli\adbiigdiedcb`b_ac^`kmlijhcbcchqwul]\WWU]__^ZUD>JKHGGLQFJLIOSYSLRTYUQV[VMKTYWVSFFMOSMJLKRXOJUYXWTSVTRUMNURNLPZYX\\WQNZfjgeac`\ZWZZZV]UQOWYPV_\VX^Zce_\TRNMHDSTMEEVZ]^\\]V]b^Z]_`]TOanmcfmg_kjebcbb_ZYY`aXWY_ijnrg^]_`_XNOTXNA?NPNOM>OXXKITYYWPNX[WPW]__SMOY[UQOOUY\WQMR\Z=R^YVYYRVZRHFFUbda][UPKJUZXWYXZ\YWWTQRMQX[__gmme[UVVKLQKTSQW[ZSRMQ\_\Z``ZV_]ZVf`XTRQVUVYXS[b_RPUPKPSUPJHMRUVPKLNPS^M[e_^^`ce]_ZVXVQI?FSTV\[XQRZYPDGKGNZc_PT]XPTTHORYage]XUQW[PU]`^YSMS^]UUUUQJSZ[UQLTUOPTU[Z[`\]aZX_WWX[ZRS[XN>BPUei`YSIHTZVRW_^SS_^VZbd^RQPS`]UT[d^S[dnlieb``XKK\^[REGPQPQQLHZike\UGKVUPLRWXZ`a\TUUOOUQN[R`da^YUUYYUPLR[\`]\\\ZYV\XaaWRHNRLHO[XMMTX[TNJJJELQVYXTZac\QLKTfke]YXONURTPLLOOOUY[W\_^\`e_XWXWTPKRORW[WOUcnrk`WRUUU_`[UPS]c^YTQNSWUQRRQUZ`eaWQWWXXYSU[]XSV\[VPP[\ROSQJV\URVZQTahhf]VX[XY_]VPQTQMOLQRMGIIFQTPSUMKVZWWVTMLX[[_ZTdib`YZ_fgaWSPES\XTY]acbVR\]UTYaa[^a\PINQSSXZQ?P[VU]`ZORUW\VHKV_]VTYXRGNUXXabdeaaef_XYY\b_[]`he^[W\ea``Y[SS]ehdeio{u^UY^ecad{‰‹†{pj`ZXSXZ[\]cdsƒŠ‡€vh^Z]XZ][QUXX\\]gibZWMRX[dcZV\iqrnfaTDEMWUYiqhclqrmjd]XZPOMMGNZ``^_]\ZZYSI`ild^XRV\YFEPUXWVgy{o`ZXOTflhbellnolgiebaahifd`hkihonfc_gfipoomghomb\bflnid_cefhbgpqmgciomic[afjjhdY^bc`YT^eec^\`knefheZW]fgjd_\hlb^Z`hgabcZSHAUba``Y[_dkcSYZXaf`abce]\XY^^]eaWTPJCIJKWWRKHEPVW`c_YXVTMIQTTRKKUZK=HTTNIGPZZVSMOV\YTTTRUHNVTWb^RQOMHKMR[^\]XWYSPKS^cb\UVTPVVUOOX][_aZ[\RV]_\V^`_VKLNJJHOWVNOUUV]aWKRW[_aa`^b`gsttpjbfhflqjdeemmmjjhih]ad_UQSbfkf]V[]XJLXXRPUXT[VGGQY[YRQNHKHIRVROUPMWWX[UQRMFMUURVOKSTMUWVT\\XR[hg^OLTN:FNPTYUPLJRQLOQNV\WT]bcd]TQOC@KOEKVaddcce`Zcmllkga][YOW\RBJRODU\VPLKNMNRWXRIIMQUXUXY_XVVSXccaZQOP]d^VSTV]\\[]`]ZWV\[ZVMJFHNUVKNTWRQMEKTUQQ_[JCFMLIJSUUOMSYWRRYQUddb[TSUNNPOSY`XY\WPPW_ZTY[RMRUY_^UJRX`ehdXNRKENUJLURT^_SG:EW^[[[[WUYWUVKBQVXYYTAPXVRQ[`TQWWRQPPSRPS[WTV_efe`\WPOV_^^XNYcc^[ZTLS[ZSPW[[US^c^ZZZZUUQLOICQWYXPKN^c[OHDKYc`WXZRIUbgdZRQY^b_[VTW\RCPUWVVTOVUSXUSUQHKVUSJJLQUPLSWJJSKNTYbghaYUVRNWVQGPZb`_ZZ`WMPS^\YX_^VSTTMMPNPX]ega]]VUQKZb_Y[df^XWUWRPMQXeddhb_`fhg_YPU\a][fj`[gjfded`XPNVZ_eidqz€vgXaceYXm~„‚vmg^XXWZ\][_fjnxƒƒ€|yof]U\a`a^XZQTSUadb]ZSPLTcgd\Ydmsrkme\SSY[Q\eeXcqrh`^\`[MIAHNP]cb^[YTTY[XR\hhdfd^VRH=>DKOSUP`kia[YVU_e[Rcv{qgcfomdafinvvoqsopqj\YZX]gqpstonojeekmlebbchnnmnnnlhchlstrmidjnslddilmcabgliid_ajngntrbPDNhpqd_gkb_acfcXU\bb]TalnjhaaaR^d[WZX[ehikie^V\a`]gid^VRPIHRQSUMQTOSWNQSVYUGGKGOUSMEFGMQMFNTHLPWdhb]OR\^a\TX`a]\VNPag^XTQOQNKKTW[[]]\ZWTV[]\WW\ee^a`[UV\cd\QOQT]feY\_a^TGFQTF@NPUWSX_hj_EHLQUalmigmkprvspje]^gni\[Z\XZ_]TSMT_bZURRXbeaY^`YXWUURPQPSR]^TKQXZVRKSZ\OINQOSTIOSRQOOKPPKDMTWWJDZc[PXY_b]WRM[cXMQSQMJDJNX^WNIPT^b_Y\edc`]TW^\YPMIHFJHT\cdfic^^ab`hmjdab_YMKLOLSXWV\]UNPRSOPTSURPSRWSUUV[WQVZVUTZZWSQNR^^XVVRZa^][`e^[PQ[]\XZYQMHPTXUVRMPOCKWTNWXIIJS[YUOHHSUYYTPN\^VVbcYNOVVPPRPUXYcg\QP]aYMU]UPMKQ]`[TTVY_abZU[VKNZ\VTLESWVURNYb`YXXXZ]ZYWQSVZ[VWXUUXTTLN]`ZWVRQU^b`_Yae[UY\_kpjb\ZZWZZUKOYXPQXRJHT[^SY[XOYbc^[WTQRKPSOOPX\ZXYTNUYTD:BOWZSNUWYSQ\`\WWTYZTMMLNWYQRVYWQWUOQSMR[`^WJRSPPYUEMRNNQSQIILNSUWWYVRQOPPRSQOX^[Y]__aZNSY_aWX`_]YXWRSWV]anuk[WTKRRVbb[V^hd`cc^VSWWW`d^^ZTZbcfid``]\[M\nj`]ba`ag[TRTW`a_b\fwƒ†x`]b]_[bo~„…zd_c\ZZSV\Zeptwz„ƒtiid^UZhlidWX[_]TYYPPVURLNdmppbVfuvqlbVSQW[RR^^OUhh`Z][XTQSNNTX[\cjlhhg`XRFR[^^`^]XONFFDPWUOOVdljZXWSPSSX[hrqdbbhkjmpqptvminrrqmggknglplkpmkmmklmllldcfdeklignnfecehlqpidfilkj`Zckjigjptlff[aklfitsof^YTZ[[]fkh_\`[RPWcqrifghb_]]gdXV_`]]_Z^ekmi]bede`]ghc\WKHHLIHNOKJQSX[NDSWZ[TOOMHLRMESTLQPH@HSTTTX[bf]T_db]UPX\X\WPJRWOUZ]\[\WNKMTX^`]WX[VUWQRSZgjbba\UX[`b_X]X[__^QOYXTG=GTL?KR\WMT\`a\TJJEHTclmedgchtzxqlfdc_ZZZ\]RUce[Q\\bifVOWXYgmkb]`_`XPOGEQXONTPLOTTSUJO^bQCRTNHLOSPNQNKLUZZRIIRQMNY_]VYXX_eb\VY\RGQUTXYYMIRURGEQRY``_Z^_ZY_edb]ZWRTSNDEW]\QOW\ZZblokihbb`a`WWNFMOQPVVMPVYWUSORNPONORVKKRUVQVRLOUQRTJDVUOQZSR\WRYbgd`dfb_[`\_Y]`^^VHJUTQUTORKQXVLOPTZVINTQRXWPQYUIGNXaebbb[ZUQNUUZ`[W^ij^UHYb[RZbb^TKN`jf^WSSVVXZZZ]\ZXTOPPT[_b`XYZ\WTTVZX][VRRWSSKTMKW\_eid[\^_\ROVWY`_ZUUba\UWXbmple\SW[U@ELOJIQSMKT[a\ZSVWWV^deWORTZVR]dcZHU_]^^ZPUQPMMLLNNFJUYZTRYVWXUVSMISWTUYXTRSYX]^TIORTXZ^[VRX]aa^WYUSKKR]\WYYSONY_\ZWOMPRPCGRUT\\XX``MOXcmh]TUWY]aYNUUR^kwqc`Z[`a[Z`a`]]XV]cdacfjebc]Y[VVWVcd^]dgc`X\moe_Z^]`c`[TRNVYWZ[^r…}h[Y[ecfjp}…rdc`YVSWZ__bht}†ˆ~gbdc]\hjjgdYZYUUVY^]]a`WO[^aji`_kvsi^[[X[^`[YVRR_`Z`]WTPW^UNMMMQZeghrul\SPZVQ[]X\c_]\\WZ_]XTR^ki`YPMQOLOR\ec[RY^fmpsutrmgklnqrjdeknhgojjnjhggfotqkllekplilnooomolkgntqh]Zagc`\[_ccbadhlkd_SR\geabacfcdc\_]`bc\\^`ZW]\ivvrpnggda`cc\X]XPX_ffeglmhekjb^\[^_^b[ORUNBRSH@K[ddZLOTSSRNHRQ>HPMY_ZWWPPPTWPKJHR[^\W]YMSTQNQS[XOOQOJLVY\YZPILNQV^[WY_b[XVRUTY`ba`bbf`^ba\XVU]^WQQVO5@SWWRJNTTNMZZOPQNMQTNS]egifcgadrtsokgdabdikh`_dicWV[]]cZCNRX\gh`ad`^XMTYTW`XGFMUU^b]\RKV^WJSUHAFPSOJIJIJXbeaWPPPONSYWYZ]\YWUX[\[WEITZX\]SIVWMKLPILU\YWSTOKO]ee[ROMRSSOMW^]WMKNVVVVbjqpj\Z\ZZXa`XMLQKMHMVU[PRUTOKRQOMMKNPNLA6GUONSUW]HUce\VNGONLQU_aac`_befe_UQSVWYPSPJQ[]YVNIWVOOQT]]SMOQTPTUTWRAAPRYbe`_^_PILW[UYWPPW[XPKS\XWWYae_PLUab`YSRY_ded_WY[Y[VG>FSW_da[WVSKLY\Y\\WLJSSPPNOLS^bbb^\[XZ^]\XSHU[YQKPWYQMMS^ada`ZWVTONLLOVYTGIVVYZRNRNQRSV\[TNOZXWTZ`XKNX^__YSUQOWYYRECMZ`[[]XVX\cb`b`WZ\QEKVVNJYbbe_PKNOKTZadb[X]^[\aXKJNTTV[`Z\[\bg_SSWRIQOHIQVUX^`\[\]XYZflk`V[]WX]]`aWVdnmaW[\^Z[YT]dgfgifc``^\hpia]VTOLRP]aYW\]YW[U_mql]SRP[ZZUQPRUQRU[_]p|}uiaTYau|p{‡Œmgc\URX[ZX^dv|‚zngiZ_gedcca^ZNSXTQ\]eh`XQSY[\hmrttnhc`\[dopgeUQ]bfg`X]YW^_^_ZRT[fimy€u^PLZYMNVT]gfbgcLHSVTNM[`ehd]VY^ZTRMYddVRY_lpighb`dmkjhghigkjbelnrrmigghkqmlrslhrvplnxyqjea[iiknkf`Z`eb`cgb\giikicWSRRVYZ\\cinqnjnme[YXS\gd]^acqutj`akojjj^V[ZUOM[edZN\edW[dcb`WZb_a_SQTPEQXQDHOY`_ZVTSOTWOJUOILITZ\UROQXUSLEHJPNLTNJNKNSXXZZ`_TSZaZMQVSMEPTTRW]XSVUMU]Z]WOVXZbaXUdg`[WWYQSXX\XVWRRZTUVYYMR\`_[dcaabZUYfc_`a^bb\dd\fosuoibee]bdcYVXZa^[``__[IKOVVXacfd\\TNU\ZZ]ZPNX^^V]a[QTXXXVXYSJMQWRHMPQNLOUSOIOTRPORTSSSTURLV`aVNFKSY[RPTW]]ULRTMNYaYRLTXONWbbXKLRVRRPHDVeeZPPROWSPckklf`YUPQKe_NGLNRMMY\QMTZbdZRVZMNSXYVSPEQ[[]XNR[X[bfbZRQUVPMIP^hk`UYdeb_]WOPUUPRPSWZWSRSIGQUTXVQSTRKMUXPNTTVOOUPKPSRSWZQKRPSPX[`VDBPUW[][XYRV^`\OJPOMWWVYZ^`aY[\]^_]VOSSSR\daVNPHFOQSUYVNGWa]XPSY^\YVV\a]]WUVQTUSLTPJHBS^^ZPONTX^^_aXSXVOMKQ[XCDWXRMKIOXRSONQPQRVVSP]`^XUX^ec`WRSVSVZ^[ZWS\fbWRUKHWY\[``]]`\IDLVVJKW^\XOCJTUTZ[^`[RLUX\^YUOLNTUQOXdeb\\aYKGPNJE@GPRPT]]cc^^a]Z^djj_[RLY`eddd`[`hcXXQUPS_]X\a`_lpf\VPUbkhZ[WLDFPRUXRTZUMRYYTcpvn^VVc\TUKKWb`YNQWXXh~‡„}pedt€vx‹•}f^QGOLTWY[ajv|ˆŽ…weX\bbXX]XOTXXZ`UJPY\ZQMP^eehr{}re`a`ZQ[ntk`PMVXeldX\]UTZ]`^UW_mobdlqplbVYXQOQV_`aef[PYZWRKKYada[be``YQLHP_c^Y[lqlikf^dmkgg`ekikpuwphmmllfdmnnqoolkjmwzspuysqpifhpkfeih]U\_[QV_^bkrrk`X]\[XZX]WSgswvoli`UZX_egb\]^_hrpkaY\`bdkhcZUTa\\iga\Z^`\^]X^gfd_XWVTTTSNFKPQJDAIRUQMKNLQNPULGFJNJEHOYSGHKHJJIRXUQPNY[[XZ`b]Z[WX\^[WSSPGEXfbVMPTLQSMR_cbe\X_\``Z`V`_\\XUJMQVUNR[][^bd_RP]`elnlbada^_aXYkpieXLOY\_b`bfq|yl\[]]^aabed^\gecfa]QWbfebacilid`ZKLUV[XZZSP[b[INPGT__\RTVWVQLRPNU]Z[[RIPXUOHQ_]ZW]WXTO[_`a`ZVUQW_ZV[\\VKMPTXTPNRURQSPQXZUTUQYYU[\[XRQSUVZXOPTRSIHOMQTWXQLQUQJPZb_WSLIJGMT_fhf_de\\TRVTQLJM_e^[\Z]\\RNS]hklk[NPNYXTU_hdWcle^ccXU\]]\ZSgleVDIN[`jle[TUSMNY`eb_WVLTZXUQJV`\`jqg[XWZRIHOY[Z^hw€‚€ym]fz‚‡}‡†|wnaTRVZWW\a^Xat†‡vgmk^\c]TPRXWTXYU]a^WWVNSXYTamkcalpmdYZY]ha[djfX[b]YWLIX]dhc]WZYUWckh`\ac_[XSRZbhie[VTUYS[\YSeopcLL[\be_[agbUQZ`coto\crpqwvqknmqhhmmddlomlnnkdY`igb_X`msh`fkosoefbpjjfjlf\WVOSZ]dkia_[aeejkf`caZ_moh[QVegg_[_[TYcfdcb]`egfbfkfc^[]`ca_gif^egb_ef]TVY_b]VOJFDJJOTQLHGLTPGOWZcg\SSMOMEOXZTLNMGGH>IKU[_ZSW\\TPYXTOKOMEOV\c`[WVR\UR_^J\_WTTZZ^c_WUYWOPRXRMOUYWSTWUUYVSTZ]`ejf`]``]__`ZROSccd\Ubge`^``^aaYWVU]fmvvi^acb\[^Z_id\\`]XSTQRX[_djkeZZ^YRBHMLIGPX\^^[ZPHTY[TOU\\TU^b^UPOZ_\UOHIUXTVSLNPROIERURJKQVWPPMS\UHKMOTTW\`_\`YMGQ`gb``]Zgnfb_`[QKOQPMEASWVT^dcdknh]^__\SXX\XYQN`YRGKZXNQJJXVKMVWSNKTWQOJU\[XU[\WPSOPIMU\cWMRTZ[SQVZ\VX\^de_TIJU\XUW^`Z_`^^_]^^X[ceefe_WWWVNHQWY\WM^aZT[XRV][]`^VUPMQXffVSRV__ZWWOPPW[XOV^`VMPPJOZ][XTTMLV\`[UNJISPLQY__^]VVUTTZYV]baa_WJMXZ^b]VNFEDOYXSWab[X]\ULTUSTbmlb^UXWXTOOTVVOJV\ZY^_^][X[WY_aXEGPY]a^ZTQUTNR[XQMAJW\YTU]]MJRW_a_WZaaUPTUXccUJFADFJOQMCAQY[[]XUSW^aZWTFFWXWS^hme]\_`YUXUSUSSZ^TUWRX_a^WVVgljif`^XWYYWami`Ydf\^he^WT_dcU_qvr^PM]`afec[XXVT^`blijkghibTNCK^c[XbegiidWLKKTWQY[jtvqnje^q€‰ƒ}ƒ|mjtvgX^e_ZTSS[ejz„‚ysmic``^Y`[XNDLRRYaefa]STYZ\giaX`otuk[RMV][frqhdfaVPLIMXagbYZ]^[SUX``emog^VHL]_]]]VUVURJS\ZR^nmbQNRNV]YU\edVO[eaeolaWcmnojkqolqqjg`_eaaaiqtsolkhilnjhovn^dejomjfefqmqnillfXU[a]Ucopmicajj`chfbdlnmh_Y`_bg_UPSWYS[[T_gjnmkb_]gljf`\_dbficVcmi_\`c_VUW^_XV]UPOHJPQMEGLUSRPUTGJ`faZUUWTSV[WNLSMFMJ=ET^aZRRWZURUUSSSUTONJI\ZIJUUWYKS[Wdf[PRQZ]a`_YUMUa``b^[WXZ`^TWTOLRXXbddjjeda[UVNOWYUIQ[ZRS^afjmmhb_b]SNSS`o{|l^b`[`faTVahfbge^_^\^__^[fnjc\YZUQUQONRX[\WRRPNMS[^\XPILTUYTPORNY^^XJCMX\WSSQNLNSQQTNLQWZYSQQNX^^\SXWMOUZZX`]URNS\_bfdZSaebZVVLMRQQSVQRQSTV[^WYdhcbb`ddg`\dPQLBQTRHSYRQWXVSTOKY^WNPKRVUSNMT`dc^KKSSOSVUW]\XTHIZ[SIPWPUYTT\\OSMLWYV^a]URZVUUWUX\WY_^QENQIRVWWVTQQHKPO[gbPPRUULPZ\WRPXZXX`d^UW^\TQXZRPRPOMMW\TIKLLHDQW[[V[XSKCJRXSOQVVVUUQVVZ][YXZREPTYV\[YTRNRRX\`^Y]caXY_`^`c`\RQV^QXZ[^babcba\TWZXXUTJQY]]ZQLLR[[UQSMKPRRV[]caZOU[[ZZUQVTMEKGJSRNIQNGOSTLPOHFRUTRPJOLORRSUMKTUPTQTgk_UX^TLSWXUUJJQPUUX]\[VNLJZfiecgkdUR[R]kjg^XVXerrd\Y]a[QWbrwlXJSaa[]a\]\X_faZgmg]fsrg]ROLO[YY^elnuulc[NMUW[]djtz{rjel{‡Š‡…rs||ta^UIGO[\Zany€€~xtpfc^_aZSYPKUWX^^fg`Y[XQSXZbdeknz{nWOU]Z^hnnd_^dbUTWQU[XRUU]ab^`ca[`eiif^RXZ[WUOJIKMHCHOQP]]ZNLVQJKOUX[]TIR_ec`dic^ovvl`jldjph]V]jkjieqrlnolkomjljhnnlmlihefheb\aepkhklf[V]`XQ]fjknfgeXN[^X`jmh]`ljb___ZS^eb_cbTX^altrlhfcklnkf^[]cj^Pbpoc]VX^^XGLOLU\]QGHNT\[VPLNSKEFJIHMTTURZZ\[RSUROSIAEOSSTVZ[WSQUKRUVY^WPGEJQSWVHEQWRPNTXTRVPQRMMSWW^c_Z^[SUaihaTMW\\]b]ZWXVUdcaa_dhffga^^^WDPb]UV`cjmkhlnhc`YSRZbkpvsf`\TRae_Xdnl^`fffhd``_ZRVb`Y\YSZYROVWPJQUSNEHJJLU[\VGIVXMPNKOYXSIRWRLJLX\WZ[TZTQVZZVYYTQQTOPNNW^UGKYZUPVXVVZ[VUSY]cec\VXde[MLPU[WPSTSXZWYZXVZ`^]dgb^Z`cb][]`^SNOKNIGQOPFNUbf\NEAGKHSVXYQWXUW[\^_[SNPTXYWTQTYYVMNVRKTXOOIDJJJIKU\WSSKHSUV\^SKNQUWUTNQMJW\W]c`[WNPZVQNHSTWXKDOMHPTQNIRZXRMOSaf_VUXXQUWWRMRONOW^_^[XRPWTQPNV[ZUIKOOU[]YVRLWXLCNVQLMVZ\\XXVSRNSMPYcaXUTWVX][VNKOVXWXTUTSQOTW_gdde_TRUPLU_`]]XP[Z\^SSWTW[ZWOIP[a_\[]ccXOEBGNMPXYY[_YVQURDMPT]]OFQWYZTC@R^^ZOORKR^WTX^ba`_daYW_`XOOUQXXTVUUWYSTZVT`ee_^VQQLRYZ[beWQPL9EKCENNEDZjlaQNKLOQKTZYUVY[Y`cb^WSVUOQTOMDIRVXS[^[PJTVKCQXVLGEOSPKVVMS[_][[TMJJKTZXIDQX[VV^_abb[YWX\VRU[\VRSSMLVXVTKTRNRUPW\ZSMHJONSXWOORJGHYac_XHPVYURSSVX]XCILNVZWSX\]a`ZRPPQQPPYYSSQPT[VSKIY^YRT^[XUUSPIOVSHNSUWTMIIM^hf\__\UV^^VTYYUSVVQVXTSZXUZYWYTLHSacXSYZZSNMOSOLVaZQW^\ZZYGIJP[ZTRPW`c[LCGUXULOWUTONLQ^\WRUQRSPRSUZQNRUTSUYUQW[UXVOTYOGL]WQU]]\ZXLHJJJLTY]enpmf]]ea[XUL[cdelttgVNUZP[ipj[POP_i`ZXQSWW]XUY^WXY]c]XVTZWDVgljc`\YblgUUYWWXdhlzŠŽ‡€€trv‚„zsicl{{gPHNHRZcgp{ƒ‰†~k_e`\Y[XVZVPQNXcdcc^\eecgifb\Y]apxufXHJW\]\_daXT]aXORU`ikdWXZgoj_didcfdbbdcQOajf[\[Y\\RO_cZJPWTSWWSPW^daYV]cilsyrdiu„pqlkprohadgjmmopnlemlc_cqskihotvsld_^b^dhfg`jonid`ccbcgjigjhaYV_ejldW]khdZ_fbinjcd`dloi`baZRVY]Zdokjfhlmoj]]YV_`_^ba[W]a\ZURSNPKJNHJOOQTPRWOHLNNQJGHNWWYTOZUUYVMHRYVONRVYWNINPLIMQQJMUURKPVRTQSVRVW\[TMORQSPVYSHNQ^hd^[VMQSTQ[XPPUSUZPMQPSTV[]__[Uchgc\\UX[ZXX``UX]eecaaalied__`^djiebZTTWXWbml`QJUbd_TUadUWejkjg`_ZRUYXWMFCRWYXRQMEKA=GFHMTRPY[TWUOKEKIEKW__XOMJS[[YV\bd`UHHLIKNYbcXFBS\ZULSWVZTCEXa_U]hlePLXWQ@DNSWWPX[URLO[][Y\cgjaXX[][ZUZ^YVNFPUTPSUSNZknf^MINMNJJUURTVZYU\[VPNQ\]SRLLGBPW^\[X[[UP_`\[[^\ROOTOCM]]\`_Z\a_[Z_UT^a^UPSTXVZV[dd\WVUUPIJST\b^UQTUUX\\WWVX`^VURROKHJMJIQOQTB9GU[XTYSMQNOQNX_]\[Za^QOOWVOU[\]a\TQYYZ\TTOHHS`eYLJJIU\YO\`]VJDQNKOSQWYVSUWSSSQa^\Z_a^Y[a]OOTWUY_\^[RLNX^\ZZWZ\VPS[_]]\[^ZVSMNUQV`aPHSNPZ^UKYSNRRXYX]c^RNRUXYXJHQWYXRLW_]XUSOLNTQLSWTWUUMEQJ@PY\[TJP[WVNMQSXWSMQWXVUV_][Y[XcknfXM]aZRIOZhif^jpj[VVSONW`aaYYYXaZQXVTUY`jge_YQUahfYTNQUS^qqgYRW`V]ok^`db_Zlkq~…‡~tsz‚‡}sjicXntg[TU\`Z_cgv€†ƒwfecaYU`]QOSWUZceaURY_bbdb]YTGLRSag^_ca_hmgda_YQQU]^\U]ehd^YZZdmolf^Zdfgca^[W_cd]VU\[[\`_`a]_^WTRYZLDSbggjlmpmmtodlnv„ƒ{hffmqpohaekqrlgikjkjgfkoofhjintxytpga^dgaagploj`agddgbghcdmic`cfjpmeeovshbmtqmicksmhhhehkh^WUMT_li^bjnhke^a`\^[ZVN[]]`_\ZUUYMIUVRMOTOINPLLDPXRVONJKLLQWVVRQT^^\XYWWVXSLOTRNTVSQNHLGJRPQKPY[YXQRSPOVYXTPSW[UOQQPOQSZ\YZ[SKQZXWYUX^]YYWRZZ[WURV[YQNMZZ_ca\TX]`Z^a\UT\gooh\bi_WUTW\Z^gklgb]agfZYaegdbgha\U\`^__chieb_YW_d_SOQKRUTOGENIPLDHGFT^]UPVVZ]]]ROLLKGSUTKKKFPV[ZWYWURXWNOROS[ZVUG;MUUSS\b`ZPHRUVOZfgh`KTWYOGQVPNORY\YUZ]chhddglmbX]bilcSPVdZOX_[ROPQVZa^ZUICOVLGNTOV]\XVPV^[TUPT\YQ\VNRRQPY]\TORON\a_XZ_\SSYYPILWZZ\\TL]ba__XNNOXVLNJMYXPSXYTAOX[]ZNLTZ^^ZURSWVRZX[\_gjc]WQNPNMLRQQFEPNPUZ_^[QQRPTVNKZda]\]eeYNJS]ZPQXRV[VQSZW]^^\XUVdkbNGKPW^_ZUUXUSPPTTZ[UUWX[VVSSZXPV]RV__XZZ]RQZ[]XNSSQJPOUZYUY]\TW\\[[``SRVWRTNTQNYa^OQQS[]XUSSFHUZXXWYUWXWUROQQUY[YWWGDNUPKSXTPMOHKLNY^]ZQPJGOUYXWURQNQZXKDSSQNFJU_[Ubecc_Zafmmh]TLLLPLW`d^UOYaejg\URS]_aa\]_efbb[UW\cijiaTPZ]bc]WTQQRbonbVNN\\Thuqfba`b[fbm}†nny|}†…xggeZeknpnj_WMQMZhnqv|zref^UO[^QKV[XPSONPQXV[[ZSUZ]ZSTUTUZZelgjnofW]][UX^ed^`ggeYGPXX`jmja\ejospcZS[bhe^Z_g`Z`dd[^d_SIRXY\WSVbjolhnsokjnogo}€tif`dmnkmkkionmoojikhe^hhg`ggfhinpmpngd_`cmong]]^bdbcdhmqohd_dgcechkf`]`ibWjvtdU\gvvojlkijlkii^NS_jkhkkfhiic^Z][ZXWU[ajjc_[[WRS]c_YTLNTNGEQOLPQMNUYTSJHRSX\XX[VUVZ\YUUVUWUWUURR^\SOJGLDEFETUTPRVUNRLILRTTVXWYSMTUTTYS?T]YUX^][YVW[XUTTTVbi`ONIT[[SKObjhZPQUXUTPRVUNVemolaahcTRSQVV[blpmgbacb`cknlhggfa\XPRT_b_ahc^a_]Z[\\[]VQQTYXNMNNNPTUJEMXZYTPW]_YSWVQRNLJKKPRNIMU^YLJOPVYNQTQT^ca^XKLNKQY^b\WQSWVW]\ahpreYWX^]QOW``QP`e^]^_d\\bgijd_RMZdd`VZWWHNWYVTMCJQYSRTMGPUUPSVUW\[YWQV[ZTVVKVVWZ]UX]XNOXZ\YQNOKTVMHU\RIQWWNQYYY^ZUFQ]ec^WUUNY\VTLDRTRYaUOQMXZZWKHLTVX]_]RVYVX[[[`ilhe`[ZQXYV_b`WRSSW^ZVY_\TPUZ\[Z^`_WUYZ[MLPTWYSVVUVUYTPVRUYW\b]QS^ZLLKGLPY]aa[PQWSQS[\VUWX[]\SGRWMHQVTTMZ`^XVOTZ_W@>PVPOOLPMU_cgeb^WXU\XWTUQNXXFIFU_\RNTKN[^^VJHDS\^c\XV^f_YXRNKRTYVGMRSORZYUTXUXUVUNMPRRPHJLILRSLJIJOYUNRTVXTV[VLM]d\[egfbbgdbdniVSSQZXNUYVTSQU^bhdba^\^WQ[ef^ZaggifdhlfY[[]_aacb`aST`imhXAJRX\W[jocY\XVWU`ds€zttww}ƒ~kT\YY]ZZmsncPQZ_jnjq}ti`]VQUROLIRXXQPRSSSPPMGP^`[]XOOX\^WX__dnqi`_\SSWiqlb\deaVOPT[ahk^SZ]iuvqeSEQed\YYce^b`VLKTcic^^ZWYYWYafd\]pvvpkmldotoemlfimhinlheeeghmttjd`fbcbdimkhmqpofbecY^egikr_[gnlhgedcione_iibb^_`]\[ajd^[_c\MOYgpmaW]VU[_hpiZ_cinnkg_`edd^cc_ZZ\adagmc^a_ZYVUWUOPPNTWNDRUWVRKJLQSX[XYZ[ZUJPKFMHPUWYTWYVPJMQKMLHFPPNNNLOWXQEJSWSTPX]XSVROUTOGNWZY]`XLOOUYZSOQUWYZ]]WTTY__QNV[YNGFKUQVVYfg[OQRSWTR]bhgffkkfa^\_aceggg`WVTQ`kpomf\VX^a`ZXMOX^USWR\gie_bd`XOOV^b]SF??LTWZRCIRWZZSQWXNNWRORODHMNPQX]Z]bbYSWXW`[U[WRR[eeaWIIIOYXTQOPRQJO\bd`hkf][V[`XEOY[XY_bYMJRSFQa_^][TPJLWVQ\ZXOULUZ\NHPWYSOKOWXQPQOQWVSPNVSU[[OIKQYPPNMTQYQGCGHR^`WTQKIONIKRSV[ZOOYZZ^a_YRTSTVPLUXUVYXQONOUY`bXWWQTWRMGMTW[RP[]RPXWSWWTW^`\Z`]bZHUXYbee^QRW^d]V]ahcY_baZY_^WXW[_VQTZXRNRWVUY^\S\a[\YQ\_WVYTTSQLJIR\bc\OT^\RSWVRQS^ac]RJMUVOJSWTJ]mjaXWTT_aR?PXYOMMLMWbbgf^[PSPRTWXVWNWYMPU[][RJSVOMT[\\ZPJV\`a[MN^]TYYRMONSXPMRX[\[[ZZZ[XVYYVSQKOOLSZ_]VOLKKMT[^YWXY_^ZXUPNQX_VajeZV``RVgi`\_`b`MBNY]^`a`^dkhdc^VSQVXa_WUYYahhjnia[_d`STWY]a_dhghieZVZZ]\`nrhTRPTTVNY^pyyulqokmpoj`RFT^cnnfa_^a]_ejq…’Švgij`WPNJMPW]\T[[KJUW]\WYXTWTNQVUSXZ^ii\aljab[S^hpqoa[a^Z]Z[Y_`hk`WR^jqtof\RZ^[\egc_fhc[WUXilb\UZYUPO[ceggfnqgXbmmlkoklnkgotprutommnnsvre`fknlppkmmfacijggqob__Z`ckkjmqqollhf_fqrrpja[Z[__aclodSPKDERQQSbifhh``^X`iaXbimnijgd`_^Y\bbegaYX^aajlc`]WXUNGFBDCJW^_RMOVYQKEAGBCOWXSXee]OCEPOJRTSQRUWVLQYXUKNTNSYRMLFPTONMTQOVSR\[URQFNRXXUUW\SOW`e_VTTPIMQRZXW[XTUZ^ZXY\X[YNLR^d^_agied`TRTQLRaknkkklki_]^Yacbaa___VW]dgc_a^YY_bWQUYV]fe\\b_X\cghd_XSNSZXOLKIGMQUXWMMSVRRPRSUWY[SQW[WSPKNNWa_``^b`[Y^fg_[XYVMV`a[QMTSS[acaVQQONTYZccdgjdZW[[VVSUT`fa\YUSUTVYY[[WRQUJESW[[TSVKOZ]VMMZa\\a]VTW[VKKPRONIHJFQVNKNVUKPVQSUX`U@GMR\bYXUOHGORMGISXXPHTZ[[__RIPMQ[b[ZZTUQQQRUX^__bSLSQOR\]YSNHKLJUZXTUZVWXXY[\YY_acaSRTYX[ZYRPOO]b`ZWceX\`UU^fgbWUX`]XWVXVY[ZXUZa_YY^chg^Y_YUSU^`UUYQOTQQWSMSWVT\Y\URNR[[SMSX\\TRW[YXegc]\ZZ`_[[P[]XPXYOQ\]_\XX][WRVVVVXTSRPTX]a_XNLX\UEKV\]XWUWW]c`Y^_YTUQKJGU^]PLU\^ZXWWW_^SRWSQLQRYWW_^[[TPOONOSY^^_a_`gaX^ehjeaZXXYVWbfd\TYWY^[YTV_][^\\[^bb\RV`b__a]^ge[[aagdgc^YcjjgWBDMPSWgg\W^ba`^Y`d`ktqbRQW]]_TZUi{|nfokfq~vaPH\gfllgchhe\_flx‰“pkonmjd]]^\irroi^SRWeh]YTO\bZN[daWZ]X^YV]djogZTZehuwneb\[fe``[dnmg``cgqy~o^]YX\^\]cda]VZYakmiaZ[]WKLMLY_aeokWesvqjonlokdeiijtxtnprqolmgW^eikmpspple]`ga^mvtlhcggfn`aholebhbPUafklcb`gndZ\bioj`\VPY^a^]]a`daZZ]Xajjfdceigca_]Y[_`^[cgcZP]ehc[X]_WPILMMHDQISYZPIMWZTJG>LMIGDGIWgmi^PUZOLNTWOOUWVQOR\]\VY[[]WMNGHPNOQWVJOQWWVQQNIFMZb^XMJNJHV_^VKOSRNMHU\PHNSQUXQX`b^VRSQWV[_YXYZZ^_PJZYTRR\hjhijhd[Z]VXbb^\]^b_^[Zeebjlhe]VQWXUMSVZa]__VQ\hfcdaRKY_WCEMLLTNGOSJMOTUOMSUXXXZXZa`a`XQSRS^\XTFLV][V\aa][[]YTSPY[VVVYZ\[VK@>GGHIHU`bhmmid`_^ba_YZb`^`[W_hpoh[U[ZRMRMMKOQSZ_\TUUQMQSYW[`eb\TTYROZb_TAFOVMKJOTZWOVYRS[bd_GEVY^fc_]XHLRQUQMMRSRVWWWX_f\JUXRQYUQNMONNSWY[b^YUTRHHPKX``]SJHJHNOKQX_`ZTV[XXZ]a]Z`da[ZZURNKLBJSVRNPVJO_`WWUX\]WRRY[LNVVPTXZ]WT[XKMW]_e]SVSKNUVYZ``^YTLKQYSKM\WQUTRRMIX_[PHY]]TR[_][^^O[ec^`^ahbX^^SOQQN[hg\V\\_XPOQX^_WYULKMR[ZSUZRQQPORHKWV\b`]__XQSXa`TNLOV\\[V\ab]VXTTX\UKNUS\bb]^dfd\STQHKOW\YZ_\VPNbifijjgc^TOVXSUPV`hgda_c^ZWakkgdcTTbec[YY[a^Z\Zajf^TZfkg]]ZZ^ekoiYPX]\V^heZM@MSST^d]dotqcUQSZa^ZYi~…~ruwwsu}…{ged`\_edce`VUajlip‰’“ƒpkhedeb]\^bnvwn\JP[eke\XPUeibZhquviYOLW\Zfnojhafdmwrc`e_\a]dfieekmjaUZm~…‚tYTTRV]a^XMSUSU]glif]U``SWVRU^fkoqjdnrrmnrotplggb^dgdelrtroqh^djmpotttjjkd_ehmqplnhajnlprnpql`_gdYYYU\_hkjotmihgijdfkl][da\abggdWQTWZS]jihbhkgbhpkb`cfb[\bcfbdheeh`RQOLUWRNQMMPMPZ[SAIPOLOLFKNGCILV^fbYQY][VMPVTQPSUJCAKVTRRSPUVQPXZTPRWYSLNRZ]\VOJDCNW]bZO?GPMNW[[\cd[OLS\`]UVWTJSWWTXUROOSXZRQ[UXX\_\XUMXdkc[SX][iookf]WVTTTZ\YVWZ^^[fffjlje_^ab`[^`ZQ^d^X`]Z`a^ecWJPXTONVSFQUJOZYQUWVRRSTQWUKATbcbd_VNMOUZYVOMQSVRKMYZZY[[WQRVahdSGOOLGPWXXYWQPOQZ^dgmokgd]aaZ\^XSUPHN[ini\S^d`XPTZXSSW[^U