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='Wed Mar 11 20:20:46 1992' SPECSAMP=275986 SEAM='CORRECTED' SEAM_AGE=1 SWINDOW=30 MINFETHR=10 MAP_PROJ='SINUSOIDAL' SEAMLOC='NO' WHICHPIX='ALL_PIXELS' DN_UNITS='DECIBELS' M_SPDN_1='MISSING DATA' LOW_REP=-20.0 HI_REP=30.0 LOW_DN=1 HI_DN=251 N_SPDN=1 SPDN_1=0 REV_STRT=1373 REV_END=1451 IMAGE='NORMALIZED RADAR CROSS SECTION' TASK='SFASTMOS' USER='CXL343' DAT_TIM='Fri May 22 08:29:47 1992' LAT_UL=-57.45478341875 LON_UL=195.9953134573505 LAT_LL=-58.18127799537225 LON_LL=195.9953268921785 LAT_UR=-57.45478341875 LON_UR=197.3457629103747 LAT_LR=-58.18127799537225 LON_LR=197.3732640031533 PROJ_LON=195.9946534136296 SPECLINE=-80904 PROJSAMP=0 PIXSIZ=75 PRODUCT='F-MIDR.60S196;1' SUBFRAME=5 SUBF_ROW=1 SUBF_COL=5 SUBF_TOT=56 PRODTYPE='F-MIDR' TASK='COPY' USER='CXL343' DAT_TIM='Fri May 22 09:08:28 1992' HMP[`^Z\ZWVLJPUXQTVTRRRSQVVZXYSLMPPOLNZ^Z`\TRTSNRYZSQTZWV[_d]VTUXYU]^ZKFWYUPSVX`c^UOLY`ZQLSWXPT[Z]^[[[XQKTkuqib\^[[`a\X\[SRX]UJUNKKUXTTUTMMMY`\SJNZRWWRY]cklc[TPKLQZ_\YUYYUWXZ_``WQJPQRVUKEQTTQMAGRX\PFMNTOW^[TRPPIO^c`ZRSPOLS\_b_b`bc_\VRGQUOP`eddlw{tl_WSLKMUWYXVVURWYXXWTRTY^YX\\XNMWZ[\[YULKPY_XTXWVOFQW[\\TGJPKIQVTPPPNQZ[SMTYZWVZa]TTTNKLJMRQOKQW]`^VPWXNMLQTUSRVZZVTONTVZWUYWRRWVKQYYXVUUKKQZZWPNRPPLLFGPTPSYUVUTPQPKS\^OEVUPVXPMKQTWYPINaf_PN]d^TLT[d`aZYYSSXTFRSPTWXY[ZYWNQZWUSEJFBJV`aYPORMFRVRPMHFLNOUTTMLTVL@EQNLQH@CP[XOPUPMBHSURKIHGJPUVVNMSVVdzƒ€wnZPPOIKQTTTRTXUKPXacfd^[O?GQNQbkoldSPLMPT\]SMNINR\ZVUVXTSPIDNVWWUWWWI?IOQSTT[\YSQKLKNVQEIY_ahpsk```^SORSXYQKHNVTJLOUWXQGFUY^\TUVUVPQSVTRZ_ZTWYYZ^^^ZMIIRVVUNKJKSWPLNTX_YPNPVXULOUTRLPUYXSSUUNOWT^\XZZXXYQVYXPFKNPTU^`a]XQLRKBW_ZXSLRUONTUOLDIKFHKLKOPTX\XUVTVX`^ZUVWXWUP[cjorlYSSPPOQWXVRNBKNRWVV[abdkmgehf^ZTQVX]_cdZJLQZaa]\\\VVZ^`_ee_V[\YZYWSSJNYZWHGTPOYb\SLNQPQOLSVUTTYUXZeaYW\_^_Z]YWXX\\^ZXWYYPPURS[^b]VTYa^[_`^\aeaYY\[YVXXMWd`ZY]_[SSTPKPRYbd`UVaeaRSVXY_ba]][]`cb\YZW]_fgic^WXWW]eihXY]]VSSSPMEEMPJOOTYYZXWV[c`WVONPLJLFCQTWac_`]UKLPURMRROKR\_VNTU[\UX_^^VXZWRNIJOVVSMNUZTKFLSRQTYW]`ZUVYX]amrpjige^^_ZZ\_\SPOSV[VNKITWOPPOLGO^b]OPVQQSMFQRT`gh]WQTWXVZYXYVRMRXXUQSWPJIQQUSHLTVRQOHJPWXRDBORKJPQSSVNILY`]ZZZXQSSUUVWXYZV\YZUNT[WSZ_cdix}vk_Z\[VQRVXUJDIMNPJITVQLU\VW]ZUOFKX^a_UUVQQU[XY[ZVUQKLRWWSLNGBHLNKLSXVKPVULT]fc[V[ZX[[RMNJRTVRRRMQSSW[VSTKQXVRPQ[][SONJN\[ZXV]e_PDKVZYSRSRLBHW]_VLADLQLLJMNSUTTTSNNMQNP[`UQSMPXZQHOPPQQKMSY]VNU[_\Y[WZag`TPY]\ZQIRRNFCFOTUY\ZWVV[WNMKLLQRUQQUYYXUWQQRSLDDQX\P:MTTWSVXUTO@EJRROOVUKIOVTUTSTLIJJQX]SLJOVbow‚ufWSRRQX[[RPW\ZLKQT[b_]VJ>LW[[MKONKQQOSTIAEHLPSPY]TNVWVPRYZXUPSVWVXXOPXXXUMPPOTXRODGNSOPUVOQMMX[]WWWS^jolcYSQTXZ^\\\^_\`d_bkkaacZYSSTOUVTVYbbb_\SMZa]WXW\^][SVZXS__^WIFMY^\YPKSVWTORMNTVOJBEMRUVXVPOLHPVRJGJTVRRV[__Z_fg^UTW[[Y[de`[YTTX`feee`^`][VY]d`TTX`_[bcc]Y[\^ji_YOMZ`_XU[[[]]Y]^[_df]W[_\RUY^eggdcac_`eeb[aecdcYYc^QMHLLTZZSNQY\XQQV\^YV[^]WUUXZ\VU\YX\ZXVVPETVT[a_ZTVSSWYSTUYTPQ][XX[\[SRZXMLLNC?RZYTMKHJOOR\bZRTRSSZYX\]_^^]bcfcbd]Y[\XUQHCFNW^hjaQNSVWVXZ]\VZ__[YOLDKMTXUZb_[WVQGCGBHW[Y]_SMTUOKLO[^ZTTPJMXVRMMIB@IOIFIJ?IWWTNPSWFEVZSRQQRTQMW^bc_`cc^XNORUROSRUbkmc\V\dhaVNRURQSSQHAHLJOPKLRROOURQOLPQQS][ONQ[\XSNTXWSZ]YNNUTSOPVODKPNGKUXVRQSWTTZ]ZVXYUOQTMPOSWZSJMVMJRWZTNVTW\[UZZYSQT][\YZTSTWV[WOVZURPNNCDLNWYWTXTJELMONSWUT_c^VXZ[WNIKUVORQTRSYYRWSY[VVTURHMTRa_ZY`_YXYSORSSVYPQ[^RV[V]__\XUUSQPLLMLMQW\URYgk`UQSPT\XSOT[[YQOVUNRYXWSNKMTWSNKNSOJEJNRYSMOMMJSUQOWUU[cmtx{xkZVQPTZ[TJJS[VUXWTSZfjaSQORQLJMWZ[_ZQVXROVVTUSJOUPNPTXWKFJMKKQ]b^VZWQR^\TSXZWVPHHXVSUQPPVSRQSQVWY]dehga]_UTRRSV[YRGKTRFKUVQMUVQRVXYYSNYWRVZROSWY`c`RMQQGJLKLXUOSWUKKVSQPPXWSZ\\WV\_\WQJSWWRRNIQZZRIBHMJIJKVXTNPMPXZIYb]\]bXFNOQMPNVYSQZ^\VMN[^UQNNSZ[YWTNROKMNQVYZalobZUY`hjff_ZSQRMNNLOWRIS`bnuodTXWYYYVPLN[[YX]VSWUKNYST][ZZZVTZ\X\`]TVVOMNTXXUOQOOROSZ]a`VURW\^[RVWPNMAKXUOKASXUPNWYY^`ec__ZX\]UUY\Y^[UNOZ]\[^\[ZXQY\cgfUPVZbdaa^]bdb`_`bgb^Z\]XW\\[^^[WSQTU\a^cfe]XZZ_afhcaZbgifZR^eefd`[W\WNMNNKZac_[YMOQSY]YVU\_YPNMPSUPNQOS[VONQOQY\VXTRNVZWWZXJIMOJBNVXSXWSUQRYSNHCLFOWTOJMJGKQMEORSZ^_ac`VT\`]_cbdf`fkkcW]`^XTUSTVYQZ]WWZQRTTVKIRTRXW]WURWVSKJQWRNS[\YVRUURHCPUVa\OLSWRORQUXXUSSPMMLHEJNKHGKDBQVYPUYY]Y\YTJ@HMPTQTULS[_ajnld_XQMSSKOUUPT]`_PNITcnla\XUQKRXVYVVRMNOKQSPQTVVWURQQMSXWVZXZ^\SKSXTQX\]ZYWWYZWSMHPRRNJOXYWSXXXSYXTPRUVNORQPTZUSOIFMONV]^WHPY\[WTT[YPHU[^\^^]XVRQUTXZXROQROQNHKV\[UWWRPPQJINSOPY`\[UUROBHPY^YSVVTOU\_]YUTV_WSMHNPLU[[VQOOYWOPRYYXVLRcdZUXWVVGIGPVSQKLWUMNSYXRHINMNINTS]^YQRV[\YUUZZTWYW[[WWQSZVPVYZQMJHKXaa^WNQOJQSSXX]^iz}}{uka^UQTW\ZRKLTTN[[QKUekdUHCMRVUVNMXdd]RUQOWXSWVPQZabb\ZUTSILTX[XWQQZ\UNX]URWSSPMKKRPPTNQPROSVRVTSX``^fjotobYXUPONRONV_VT]]WOQRUUSVVPNNMSUPU]\UZXWY]`WMMMNINMOUSPU]_WWVSX[WWXX\[TPLNXYVUV\aZQNSVY[VSRKIRTTMPSTQOVTTXXW]aaf`VLLTVSTVPMEQRSVZVLOVVX[\VPSSWUPZWONKIRVN]kpjcc]```bgeaZVOCHLMNMEBNQWaml^TMRWXXVOJMRVPNMJGV[OGPOPSV[_]][\QZa_TLOQPOTOKNOURNVVSS[Z[^U]`bdcYNJQNOUQSVVQX_`]WSZWY`egd\ZYY[]YUQRRWYXOTZYRJKPU\^XTW^jrmbVZZdb\Y\^^[VT[`afjf]Z]]Z\VNSY\YUUSP]baded^_ec`^bcfe]]db`\Y`_VTahf[UTMMVSV^]]_][MHQRTOOOVYTSXXPPJFHQU[WSPBKNIOW[]\TUYYWVZWQPMFLDISQZb\TUZYXUQPJSRPMKHHIINVUOMMF?PWZ^][WTVW\da\\aaenhYSZaZUVUZXSPJ?9AKU\CHJFNSSQJNZYRLJOOYRLNOPTPSVVVQSTUPPNVdlfUQVZ[WPMOONSV[\WUONMMNNIGIMLLUVXRV[bbZWYZTNMFHJYZX[``agnjd_UICLTRKNNHKZXSSSLWdihbTTOJGRZ^\\[TRWVTTOHKYXXXYWSOOQQUZYXWXWQRYaXUY_cb^YSRZZTNUUQMLJRRW[WUUROVZTRRMPMJMTQT[TJKQJJFJPW\ZJJ]_VLFQ\b^YRW_[UVPQKCGKW^_XQTXVTZ[TOLPOPTWSX[WMOUX[[\YU^]QONKHP\]ZYUUQSXXXW\^YY\VHGLXSQW\]VYXZXPMUU\ZQRJSegUQRTXXSRNSXWVPMSYXTPOPMJRV\\SOTXdaTNVYUIFKVWYX\\[[]Z[\WPNNU[ZTKMOPZa]YWUXRGOUVXTbjnyƒ„€tkb\YW[Z`_aZZWXWX[[X^glicLEFKPWTOMU^_^ZSRNUVSUSOKXafie`UTVRQUWYXZTFT[YVQUPRSPSZTMLOVTNRPKNGNRVWOPPVZSRiv}sdVWJNNPPPRV\YU\[WQTYRPONNMDINSXZ^[WVWZ_]XWSMQQMGLRZZWMO\`ZUWPUQNRQQX[YOGIQSLNOUZWMJKPVYSQXWMSYZTNUTSW[]XYZSMO[YRNXU]`\\YURPQPMQRRQOIKRVTSXXSNLSXUINMDPTQWcegjg]SVYejjg_VUNRWWVSQOSOJQW\TPUQRURSUSPMJJKKPQYXUS[XQT\``]Y[SMU_ZWUUSW[\VQPQROJPYVVQOTYXWWWX\YRNQRQRNOONPZ_^ZSQVRPY`_\ZTSXXXYY[]_YPVPPVYVRRY[\ZZYWYfnld\Ycge[[\_aZQY^[VZil`^cb\[ZQNW^eb_\UU]_ddffghd]Zbfedb_aebhmle^chnke]^YNLV[[YWUX\UOMVSLKKFSWYY\XN?;ERXWVVVXTHKDABNWVVYWVVUOKLOLN[Y[`[V^\RQVYRQTQQPRPIDMOLIOYWPPQK@QZ]_ZVUUXW]bXRY\Xakpjb`ZVLOSVWVRFJJHR\a]XPSVVUMBNVVYXGNW[\\TOQWWZZZTSSWW^``bfbVTVZZYOJMGCDUZZRHLRWPQNHFHRVVSPPOQZ``\UQTSJIGLV`d[V]cYZilgbYNS^`YQRTQU[\TXXU[`_]YYXTNQUVXPPXXUUZXZRJGX]YXWTQJHFFQ]\VVYXRNX\VQX]^YSMJGORMKUYOFQWVQTYZ^^WPSWSRVPHLQWQLIHDMXXUVYSWY[\SRWXWROPV]^TMT[UJJJJSRKNX^[VOOSPSWY\ZTNQMRSRTWXPFLSX^]TUZUOHHRSX[WLNTMIJOMHKR[UMPOORVWSQUYWINWWURZ[SW\TJLUdbW`^]WS\^[WPNMTUU\XTQNRTWVX]^STUSVTMU]_YTNLOSNNPSWUY`ZTSPSYZWUJGLMMWZVWSQYYNTX_`ajqo{ˆŽ…vcXU\][URW[_\[ZQJJSQYdhkj`RPHOY]SQV[]ZYTWXZURRSRQUX\cid\LQSNMLOMPMIRW[VQKJNRSWWRLS[]][[Z\[UMEGNMSURWY[gvztf^QHKLLOKMQZYXSQOHLUWVRRNOOMVURTUONJHLTTRPNKOOJKNTXUTOKSVRPTSQRQTQDLTXTOTYTKDFMTQGHHPWSQSXXPRTTPS[YUXYZZX\YPRRHHWX[_`ba[WUPEHVYSPUVPILMPY__YTWZ]WQWYPNX^[Z]aa^VPVW[Zdg^YZWUTQOSSWZYNNY[[VUQT__[WXRMGDIPX\\\Z[[_]]^[VUWOOPVURSYVUUYZYUURQNIY^ab\UQWYVPVRNRQNNLPNOL>GU_b`[UUVTUONJPTTOTSMMOQQUXYUVRV\ZXYUX\_ff[Y^^Z^]VZ_]VXWYUROYfc\\^cZPVY]]^_[P\ec\YWRPWRY\`ab_a^a_aehe]agjqod\cgkgdcaUQQPQV]^\ZOIJQTVSSQPRXW]^[N?FLNPRUVYXUNKMIGPUROOVWSROLGFJP[^`b`VX\UIKSPOVQNILQTROQQKN[][XQFIPVY[ULFSQILRQPSSKMLGIOPPNORPGKTWWTMKNW\XX]\YUVRRQQNTWNOSSSSQV[^`^XXRMPMSZXXTOKRVZZ[ZRPVXYXTTVXWWYSW]MFVWVWPTWVUXYY\TMNSRNUSORZdaZTFHCIQQ[^WPJQOKTWWVSJMNTDTZ\ZUPSOPU[ZOJNNLRRUSNIPSUVQQMRWWXXLLQPTSY]_`a\YXWS]ehed_[UUWUMMOPVW\_b][VW]WPRXWUVYZUPSWYWSOUUZZUOMSVWY^`WPPRT\`\XPPOOPSWUOPV[Z[UOKMSUXYYWWOLNY[]\VX]\WTSNNV\ZUV]YWVXXT\_WQSUWVSNNUWVSXXXWbc\SXY^[WY[YQOVZVRVQPSW[WVTTXYSRY_^\YYTRWUU[Z]^YWX_eiib`dfaW[\Zbb^^bfefefbeeXKSIKJTbeaVOMUX\`ZTNY`^QRSTW^ZXMNMMRX]XXa_XOOWVQMMTXZY_]ZVRXYTPSZXQUVZX]_YLLSPQVYZWRQTYZYVZ]UTXUPNTZSPRQRU\ZZZ]\W^``c^Z[`baTFQUSXV\_PIY]XXZZWPGIIKPOKKP_ii`SEMQ[]dvzs^SVQRVTWONSWQJVXYWTNXZ[TNFDGHLIOQKCFDBILRSRPSSRTPFIRW]`b_WQRYRS[eeaWSURPW\XPV^b_ct}xgPLLGJLOPNWRRXUPPMU[SNOBFRZWPIRY`^\YRNRQSVSQMOVUWVVWXYRNIBQX[QNLVXOLPVWVTWQOJLNNT[][TPNRVSPJPXXTLPTYWUMQ]ZSTTQHMYXSMNUWRKMY^^[XXOMLNX\XNGQWTTQILQPTUYZROMJJSWWUSSNLJU_`TQ[XNDOZ]TS[WROZa_d`WLAIKDKPRPKddWOPWZZ_]YQ[bb^YVX\YPY][ZZUUWUQTVXZ^WVTNMORUYXOJRPQW[UKX]`\\ZXRRPQONXYRLLORRNJQUTONVZU_rƒ€ƒ†|eZVWSXW[Z]^WLJKKSUTUW]ada[\XVSUUVQX\YXWMGKINXa^XXXRPMPVZYWY_`RGJLMWZUPIPLGIIIJQNCFKHIRSIMQXUPQPROOQXUPTRRQYYRRTQRHJOPRTQPSSQOUV[[^]WKHGNTXWWPNV[WYVTOPXXRNOSUTY^\ZXZNMTQLPQPOIR\^agcTMKHJXWVRU[]WRSSORTVVTPIOVRRSXRPPNTXVQSSV[ZXTOIIKILMNLKPPOXTOLTVVSROV`^\^]WSINV\dgjg]WSXWWdjkg`\WTTWUVSPOOW]\Z]^ZVQOSZXVXYYYVLTUUNNOJT]^SLNOPQWVQRYZTYb^VNQSWZ[b^QONLPRQNNMNQLQROVUQWWVWVLPRKJOPOU\[[^a`WVZSTU\^UHJNWZ]VJPWVSUYZTY``^VUWTPSZ]WY^^]\WTTUX\]UQY\XRP_fc]]_ZUSUZ]_b`ZTV[`_XX[fghb[U\cebaa`^SW[fkhUE[QXYQUYXRIOQPW^ZZZTPGKPUY\bdWKGGOQV]]]\XNNTRORPLRRZ]XXVZULEKRW]]ZUXYQRYXVVVSQNYWUUVXSYZZZXXOUSVOTSPKJKLNQUZ\YSNRRU^g`^_^\UMORX`ZXZRNRTWRPNUZ]TKCHNRRQ^gkng\KKVZdvzp`^aZSTWRSOHIGMSMNRPNX\[XPMFHQSQNNMQJFIOVQLHMPRWRSKIR]]Z\[WLLQLP[cb\URVVOTSNJT^b`V`qrog]TSPPSWRRLHMSSNNW_[TTLJRWWQOPRXYOECGFKSZWECMWZXXWTScbUNGMX[[VRZ]SJHRYXYVPA>FNPOW[VNGJRRVSNINVXXZ`a\QMT_`YVVQRX^^XPJSVNNPW[^_WPPPRUXXSMILVVUVY[ZMGFOTSVVRSWUNQWTSUNOVZUPNSJHS]_ZOSVPJLPORUSSKKNIGMNMJP[[`d`XTX]VRQ`b\ZY[^[Yaa`SJNW]ZUUUWVWSQSVQNRUWZOKTRILQSU^b^[XXVQYWRPLQRRNGPUQHJOME>CHJOV_kspppi]TWXTJTOTX[[TMSUUNKUagia]^]RNV]_\VQWTMPRRQJNTWNKPXUPHISXUSW``TMLKQ\bbVPQKFKEFJOOOQYUMMONNUWSJIHIQQS[ZQONPW\`_^baYXTOPSYWUQTMJNMNUXYQHLKPX_cd`VKU]_\OLRWSJJTUUTWZYTX[RRXTSNMUOGSSOYdcYSQNRW[ZZTV[YRUYTNNTXYSMOUTORVTSOU[\UQHXTY[Z[QLAKTTVYUSV]`^\SINRSXWVV_babd]STTRX^bif\PKNQLU`bb\\XPRWVW[^[TSYSTTUVRV\\^\[XUSRTSWVQXYXY\\^RKLLNGMMNLNUW\ac]Y[\ZWTY[PKMOQSGBGCCIFN\ZUUVWSQQRPSOELPPQWZZW[_[VRQSWUWVJBHIOWZYZ^ZOTU[^[]\\ZSSUNEIV__cbab]^^][VW\WYYRPSY[]]]ba]YW\cca[WXW_a^YSS[dmqpec]aed_]bgeemogc[PVi\ZPKLPSOMPHPYQNRPMLZ[][YZZSKNLNOMMNNQNMJNLTWNGHPSRLDLSQELVTSUWVTSSPJTVVRRUUVRURY^_WWYVNMMNSZYLOSPLSPL?DRWYTMKTYV[dh_YUSWZ[XY_`EBJJXeVVQNW[XVMKCMQX[Z_dxykUJOSZehcajj`WTUW]\SLPRVURSUSQ[aaWWXQVZWWRRYVRSWYYPIJMQVZ\VQWYUV]_WQQTSFKSROSX\ZWUWUMR_feXTXgoob[XOKV]_XTRVWSUUUXWMORQSQSSQSRW[SIGOQTWUOGEQ^^YZ[VLMWSL>HJTYZXYZTRFNVVQLEFJPKHHLKOVSPRNY[VUQ[]YUXZUQWXWVVRNHORQOOPPPOOPUVQOW[YWRPVYVTPIGOPPTUWRNQLILNQYYYZUIPOQWYWRTRUSMNPZ_YUM>IPTKJQQPOVXTJHHDMWZOHWahng[TRUTT]\ZSPWYWX[^`^RER^]TZ]ZSTRSOSXPPVW\\WRQMEGW_ac`ZSONRVZ\RMRUVTOLNROLSUKNTVRPHJ[dlsvvxp`QTSPONQWXWVTX[VIGQdnnjlj`SNMOXVSYZSMS[[WMNQRRJPTUL?ALUUU]abYUPJLZbbZRKLIINOVSKPX]YUMJPPRQLHHDEILNWWXSLOVYY[\^ZZ\YRHLMTRSRIAFJKTXWNPTUSWXZZYRFUdda^]X]XFKYVPVVUZ_aaYV\YSNPY]RLTNMXZ[ZXUPTTVTXVWYQKLWYSR[YWVOQUST\XSVY]\\UOQV\_[WSOSTSSZXTOQ[a_XQLPRNSUZ_ceac^YX\\WW]fnkaTKMRSOZa``_ZSTSOMT`gcZXTTYSNMRY\_^YQKIGCHOQV\`][UNMTMHILNEAGJLOUZ]VMJSWVUOFJKPMTVXQJDCKNGHPRPGIMFLQO]`[MMRPTXVSNMSWYSPRVSUUQIMLOQW^a]UKPQT]^ZXVTMRTPQJUcdcca\TV\`^Z\_b\WOWae`ZX\[ZTX]bih`W\bdcb_UJKQ^lqpnlh^^]X^\_cglidccXVZfQKMQTYXPX][\ZRWXV[\^`^]WTSSUTSOIHLOLRTJINTVQSTTRIFLSVSIRSTXUQQOSVVQNNNLPTUSWVUQXVRTXUTQOSSZXNPSRSSTRNKORPLQQY]W\lph[SKNINSSVXUPQKTcf_GMQQRRPOSWQUY[TVr~vcXTPNQ^[YbifbXLOUTVURRNNNNGJLP\^]^][UYUTPNLRTWZXWWRQENNLNMRXVJRZ\^XRMKKNLCLS\\YY\_^VITdg^UQWabb^]\TV]^VMROLMW[TPNNU__XKUXUMT^_YNLRVSUTWXZX[^ZYZVNDANMMKRZ]\WRPQPHQUXOQSIKU]]VRJQZUUTNUXWSONRNLKLKQNSQQSRNNSPB?EXXUNQTUVXYYZ^[TU]\ULQSPOMOTX^ZSOIEPRTZYSZVOKRUYUNSVSX[WUZ[`[ROBAPVJKNWUMV^YQLPSW[[WMW`chd[W\\VWab[UWVRQRRSWTU]a_^VV^XMMQLMSUU]b_[]TGDNOKR[[WNPYTLOTY[ZPX[XXVLDHIKSTOJTVZZQR^mx€~{yulYQUXPO[^XRRTY[UOKIXemxƒw^OMPQRRXXWSIFIJEKXZYSFLQULEMQNSVRKPRJJCJU[VNNPMOGLTVLLRXZ[VWVLUYOCFJOOOTTYZTQQLQSNTPHGNPNMLMLHINKRWWXXZZWUXRLX[UJOTOW_dddc`\XOPTTNSUVXY]ZQZ^`ZPT[ZNPTSPSUUXWMEBQURQMPW[KMV\VSRSPROQVTW\\RRVX[[ZMQSWXXRJSWVMNT[OSRTWTRHKTUVPVZceca^WV`c_]XXozykZQVPQVZ]_a^YVUUSUZ]df^SW[_[VRROLQQJPNE?KQSUZ]ZVPKNQROFHLOMKNSSRRVWN>CTWXVOLMRTRY``XHGLNTNFCKRTSPNNNKUa^URMOSUPOMMNRVSDDQPMVZRLSUVVXY]SSQOOY[XUXZYVTQYYXY\\XPDKfmf`XYb_]Z]aa_WRTT]daYX[eg`YYbcb\YRV\`aadouwm_X]Z[\[^[_^cfff[[[NPOLQVVY^\WSQRVYWWWUZ\WTRRPU^_UOQNW\]YVVXUQUWYYSRXY[[ZRKRVXUVVVWYTHNSSUTSOX\TLEIUSQONMMW\YZXRT[\ZTMOIMURHTVUWLShne[SRX\a^XWU[]YX[\]XRORNJRUTQVWUWVNJbvxxnaTQV\`]MScidYLISWVXQIADOPC?HPY]Y\^YSOVWVONQQWTRSVSRHHNE[t~~|viY?IX`da\WXXMDHIONS][NHKNMMKMGEFKRTTU\__ZTNLRRNQQIFGSSQLKUSTVXUQRQSW\ZZZXSRONOQSXZTMHRUTOPRSW\]XRRYZ]^WKOU[_[YSTYYZ[^^_][RPTVSTSWXUUUUVX\[YYSQC>ADHIHKJLUZWSMIJHRSUTRTZXRLPPQWXVMS]`[[]URTRPLPZXJPTZ^^XIGOZ\]\RJPYYVWZVSWYVKNSZefeed`WY\W]caZQUUUUQMNYXQOMTabfhe]RLKX^VJKMPURQOSZZVOOURTUUSNHKMRSOLROKNTUKKOPHJVdibVXPPVUNFSXSEJWYQSXQHRVY[XQRQVVSMR\[UNRXVTU\[]`\RVVWVYTTW[ZZVTQT\\TQQQORRRV\[`c]W[`ee_]^^\VU]]\W\^ZXV^XNQ\^^\\\]_ca^[]XZ\\bd^XVZXepvwvtlig`afpme_`ihh`YTUOPSTSSQMRZYWVXYVQQZZZ]SMOQWZ[RIORS\ZNNYNGPPUSKBITSNWVUUW[[[_^SLIPWWZOPYYSMIS\YX^_WQPRPXZUNW]]YSURNGJKQTUV]^WKMT\aZQKKQX\`_VRQOIMLVYKIULVbcZOGPPRQPJEYimsn`WTSV^cd]Y`a[SQKGCHBEQSUX\ULE=JUXXMPWTNPONPRZSQVQEMPMOQJ;@ISWSNPXZVWZVV^`]][TTV\XSSRSXXRSPNPIDKTX]`]UYZYVZSLLNV\YUY_[OFIQ\_XUVY[[]\UW\^\UQKIUYTKLPMNRTUUVWUSTURSPKSUQQIIPSVPMQROKABNKPROQWa^]XRHIMTYVPSNPPVQRUSOVSRQPTT^fbZSZ\XRFFPTXUUUTPKS\YMQQVUUXZZZVMTZXRNYSQLIU\]^\SGJRYZULDITSQURPXWXepl\OMV[UHNOIHTXZ\UFCSVTVSUW]c\SYQHRR[_XNIJY[UZZSSRQU[YQQLLIOPH?IIIOUTVVPLHJSWWRHMWUNONTXMLR\iqru€‹„dNQRSFBHNOX]dfe`_YJKLUas‚w`PNVXRPPKRPFFNQUWTVSMKIHEKPSHCFIRVSKRWSMMUWQCMQMPQOQTMJGHIKLRZ[SOKORVTVXUPQMQTSRMLNRVUXUMRWX\]TKGNNV\]XWXXY[SQSYaa_`aad\MNUZVSPUVSVRRV^_YTLMOGC@FJMNNQTTRQUOQPQQSQSPS[^XSYXTX\]ZX^^STZQLKNNFQZTLRQX_b]TIGLMJCMPSONU]^UTWYXSUUTZ^\^`][]^^`ec_WVUWSQRTVLLQONPXdfZXTST\_\[\YTTY\UPSXWQOXQOOTTWUV\]ZRSZWSTWRECRTOQ^db_\][WWPLOSSPRQMMKNSPISY]VMGLMS][X[XOEOY\WHI[\XVZWKPOOQWWY]__ZUUZ]]TDEFFCJSYYSX`ababeaYSUUVSY_^`^UQPQMOSU[\[\URV[[ba_`aafgggc`[WV[ajnruqjdgfelpjdfhffc`XSPVORXWTTPOTTX]adbWUZXSTXTTSSZYQQOUV`b_WUNFPRX\ODQ[[NFKNQWUX[]]YSNMRPQNQ]]UQNQSX\[]ZWTW^abZTTY\]YTPLNTTNQKLTZZZ\WRPMRONILRUSPV^[SFORQQU\ZX__ZQIEFNMPPIFKct{}ucXWQQY\T^jkcUPQSSTVILPSTOKOSJFNTSOLTTHGMLOT\\XUQQY\ZTURQQSW[VPSbjf_UOW_]XSQQVSUUQPMNTVTUVVNJCLQNW\^\ad^WZ[SMEITWPR]^RHIU\XWTNINT\_VRV^`[VILZ[UJLHAKKLMPRPJFLNPPJLQYQLROLEJMMRUSLELBHQRRKORWWWPLGJMPSSRPLS[[WRJFKV[WLKV\^baeb_XMPTXXXTOU[WPO[YQQPOSPNNPRQONUZXTSNTURTTZ``[SZWRTTTPKNJSZZQMPYgsp^QMNNSRVTPQRY\YNOPSFFJO\ddQCJTTRYZZWVRS\^\[TJCHNTZWRJSPMONIFJKNOVVVWUSPQZYURQSYTNMOTY\YRV`dan…“—zaVMHEHJLQSUZ\edcXLRUSPevxnZRUVOLUWZZXXPOOQTUUNNQVSTVYSFBEOPRVOJLMLOVUDIZ_WSTOLNPJKJF?8DSUJJIGNQQTXURLGOUWQHGKVWTTRQWSSVWNJUYRLQVXYUQRNJJUV\^YZ[a_YNNPQSUQTOLQUSQSVZVQOIFHDIPPQOSX[WSSOLPRQPMFHOSWNOTWRTXURRURLPTTONOKBJSRUYZQUURSQNQUWZXYQQWYOMORRGLTVVQRTXZ\a_a]\cea[XUMKOLOQNKS\\VOQ\\^c^Y]`_\__]XUY]TGNOSRMOOOQRXVTZ_YQLR[ZWVQPMIP[WV[_WSW`_`\TPTVPRQRTPPLQONWb`UPIJKU__ZZ]WVW[a]Y[ae]XXWOORKJTVXY`_YVWPVYYPIRRLLU^[RUVXSUZb[URS[a_\[_c\SRUT\\YUWX\\UORNT]\]^beghd_XSQY_^gegprjadfchqsnhhhi`ef`]X]YSSURO@IQSQYahf_]ZWW^]VSTT^_XOSWXXZYYZRVTOQVOEKVWPEQTNNW[_[[YWVNKCIQMTYYUVM>@JPVZZTQ[^[YTRQRTNLTVUTRMIMV[^a]WPMKPWZQOHMQOPUadaYSSQRSUPRb`YSNMJLLPUPSZaqyxoaVXROQPQbopk]XWZXZXLENTTPPQVWPRPNLNVSNMSRRU_hdZOLWZ[WST]^[YRRK>Zjj_TPYZUUWTTZ]WMHJIIMNLSXZVPMNUTJNQYaif]SU[ZTPSWXVUVUNMQPPRUOKOZ^]PMPQUSRUMRTUUXURX[OOLRUPKOSSTXTLKKMOSUSMOMPRMKPUTOV[ZWMHIIPSVVWPOOOPOFGMUTPNORW]ZXVXUUWVV[QPRSSPUSNMQYUTPLTY[ZTOLVXOHOUTORRSTWYWSNKRZa`^`XNOWWVXXVXVPJKUXcjcWLMRQNUQVZ[][ced_ZXQIKOVgphWJJLOY[YRQVSUXXUYOHDQZWXXWVWVRMMHKUYUOVWSUVYUUWWSSSSORKPMJQ[^VRYWc{‚ŒŠ€vhUHEG@GPUVSSadZLMWZSNS[_ccWLLFQ\WW[Y^`UNHKIKHKQTVRUOMKGDIOQUTVRPRRVSL\hd]VRNFINLQURNMPPPMNNORSY\ZX[YUMQWVPKIRUOQJOTMOUVPIKTSSNQQQRUWRKEGNPRQXSS_a[SLKMQOLGNVTUTPV`_VVUOIKPQUSHEOVXTUQPNPUWQNQV\]YOT[^ZUQFGHHIIPPKINKJX[[SSU[ZTQNMQ\_a_WLMPWPFAKLKFPVWQPRW\afjhc\Y`c_[WO?CKQPSRW^b_]PMSRW^\]b^YVSU[\TQROQXRRQQNRRPU[\RVYUSY\^]TPIHJEJVZXZTMHSVWU[\]\WRSSRNKLMPNPXaaUMNRUSYVSXdhb\[_b`_^YXSWVRKMQRUSQPU[]XVOKUYOLY]ZXW]b^^_YVNVWZ^YOYab^`gh^Xa_^^\XVVWX]Yab\\WZ_ekid`ZZZWT\`gkjlomhbddcckjhcddeefgbaaa[NLOUTQMSZ[WR[_XWTW[\]ZVROZ_ZL=JUQCJNOT\ZUSTSMKRQKMR[UQY]aa^WNRVV[YXTV`b\UTLDFVTRVTTNWZZWTTVVVPRTMRRLKMZ[YUOOSPFIPTQNRRQRURSX]\ZVXTTTWWc]YVMLRLJNRSV[ahh`ROTTRQOOWgmkbZ[ZWX\XNNTZTSONNQSSPPPRQQRMLNWbca[QGT[\\UMY`ZQNSXXZ^^WQWZPNRXXTWZUPQSTQQPTSOQMLLT]bUPQTahid^W[\WVU[[XPSRUUXUUXRTQW[XLKVWVTTUXVKKOPOQU``WRPEBKQSUXV[ZRLRUPKPQKJLMTOSWXSJQ\\ZWRRTMOSWTQLLMMPLJX[TNQTVSX^`^VLLOKORRQVUW[Y_]LNRQRQMTYX[ZWS[b_RJLQNMQTR\^VONQOV__`bZOQW\TUXUTUNPVZUXYRJNUXVMF?A_aa^]][TUY\ONVXfni\TTVZ__TNPROSXTSXPPURTUXTXWWRHLMRPTTKU]VLKFOYYRRUSVVQLABNTYVWPQRXj}…†…€o_OOLOUPRV^^]Y\`aa\[XMN^f^OLKPWNW`]UYXOJPZVKGJNSVUTNRRIHRRX^_UOPLRTO]ggYQQPPMLQSUYQNMRSOSWTHJRYWVXYUNPWSTSSVTUTQVYOQWSQLGFJVSMSY]]ZSLIKTTMS_`SV[ZSLPRW[TNOY\YWTZ^\[]]ZXYYTWRGANSMHMRQSXY]VOLNU]YPVYVQLRPHEFADPTPMOLHNVTQIUZ[RROHVad^YJCGMSNLNLOSXXTWVYW[YZhnmf`VVZWVTOGHIILRTU^]\VPQTPO\gjg_UUUX_^ZNKHJQVWZSTSUTX[YTWSKIO[\WRPJCIOJOVX]`XHOWVRSTVYPPPSTTSSTQTRRZXL>LUYZ]X[Z_e]UY[XTOVSTU\a]SMSWWWZWX]^YVUUTYU\`dda]^^^bdbZZYXX^^SMXa_`a_VU\^_cc[WZXZWV[]^\XSZaedb]__b^X]Z\glniggmolpqrmgfdda`cb[VTXXPNLORRMKV^\X\_]WY\[WY[YROJQTQJKNPLY^XRVWTLA@NW[ZZVNMLKPUW\_\VTQNNQQU[^a[RRLKPPWSSUXXV[YWVWSUZZUKOTVX^[YTRQPV\[VKKKJTWSRRSM@LY[ZVV\\ZUSP^`ZQOOKHGDILJOWYTTMMRSXX[Z]bedfeaSLX`]MOOKPWUPKMNLOPPNJIHQY_`aee[QX\^_VSX\\QQZadeaTQY\[WVSONKU_a^YYVUSVVQLPDJQUaaUOJLV[\^[XWXRIKTTTXXOJNNLPQIGNUXQJSYWOTX[VURPNPRTT\`\XUKGQTLGJKLQRTWXI@JORRTUWWYVVRCLSTYXXPY]YRSSNQNKJLQY][TKV^^VT[a^VOHGMR\WQPSXV_km^MLKUVPNNUY]XOW^^[TKMRTVWSX\UJBD?KZ\\\WPRURIGTUPORSWXTXYVOTWYVIK^c[RMIHGMQUWNFV\YURW[a`bahplbVONSXSWUIIJHNPT]`abb^[UKSgoriZQQPV_`XRUYUSTUOJLTYY]]TRVYRMMTNLSVPNMPHFGPT]YQMPRTVSONMRROQWXXYTU[\\\QKQ[VROORSLLKS]b^TZa`XQ[b`UUTY[[XVY]_ZSOUTKYaefe`US[_b``Y\`d_Z\ZV\cedbWXVXZ^ggb^`_`\VYVUWVWX[WX\]\^][UQLQ\ec^_lpqsvwwlecb\URW]^\VXVJSUQPLGAEPVWWZ]V[\TP\aYRQWWX[SIMQ\__ZTVVTKBLY]]_YQKPMDCNOMX]^^VJA?BKOMOSRMMRTSSWJJJQVXWTPLKN^_XSSPUY\]WQX\[]ac^TMDITXRPQSPGOVYULS[^[RKMKg\TRLOUYPAPV[]YVQMKRTPQNTUT[[`bcXQ[^XOGDJUXUULQTRTTPSWWUV\[YblhXSZ[[SLIMTSQU[\[Z^YYYXUVVRELTW_dbb]YUQQLIQQQT]iojTIIGRRQVYXUXXKSVUWbe^RSPJNUYQSWVQRTROEITVRRRLNRXUTT^]\VNJPOLID@?JQRVXTDJNPSUZXPQTYVLEJSX]\WWUZWNNRSK@ILSZZTPQNWSOPVYXPMQKMSY]NBKQMSbdZURPQQSR[_\WWJIOSW[UUWUTO@EQOJIMSUSTROMSTSO?APTTSLMRPELS[\SKTTS[UURW__YTVUSZZ]ZWUQbopfVVYVOKKNUSOQZbgc[WRU[_aa_]]ZUK:N\YTURLJOINTWWUV]`^T?KOQWUUVTNSXUcouwŽŽƒplhcYXVUOPSYUQRMPTVVPOQZ_a`b]NQUSTQOO?GNPSTIFEMLRUJT^^Z[PNZc_ZXZZUTRRSMGOVTMMTSOLHBGOK;FW^`]SSUUXYSSJIQQW^\XWRIU\]YUPPWXY]ZRHLQTZSPHIOSQPMIFSTRMLHQUNMRTXXZYQHT[]bfcVKFNOIKFNRQLJKTXWXPQUXVQQVVTPUOIWZUOGLZXRNOLNRVV\^^ZRFJTUPNOSX[VHIWSFJV\YSPOSVUMLXXY\_`gig]WWRHPXQGHGCLRU]^]^][XTSQ[imi_ZVLJY\XOU]^ZUTOHIQW_a_VOPXXHHSRILOQURRD>@GTVRHLPKPRMFMMQWRLQUWRNT^cdb^WTZ]UTTXWWQOSTVWXX[YWQT^[WZZYZYWV[`]YUV[[SV[^]\WRV]fcZQMQZ`_VQY^_]`]]Y^_Z\Y\]^`bad`^_WBIRZZYTTUXXXY]`[OOWa`YSfpppv|zsqe[SRQT[^_\ZPS]SIKIHKPVWTTNJMRVMQVQBI[`_[NAIILTVOTZZXPLISUYXUSU]ZPJRNCFTYXUOQMPTWONQQQLSYXYPDBJRWVYVULFIQXY\ULMTRWXW\XSX]baZMIKOQPOUSOEHU[SQ\`\SHJQOKW]XTSVccVFMSS]\TPQVTKDIIQWWW\Z_^QLNNGIMQUSTTRWYVOOIT^_XXTWXS\e`QSRROOKMHJMLW_aWT_`\[ZTNPPJP]]TY]ad_a`_XLPRTTZfph]RRQQOMUYTOYaa][VV`fe`ZSJOWUPONRRSQMD>HNQRTSPKKOIFGORRXTJHKMMNKPXXTUZZPHIOLW]VUX[`YMNLUUX^^SQ[\ULSNIRYXRTTSVY[]^YY]^\\]c`URUYTHQPJM\YNU]VSNNW]]YRSSSFJX^^]\`^VJQYQKR[]XSQKIKRTQKGIQUSNGITVVJHNVVOS[cg`UVXYTXGFS^[UR\a_[Xeff_XMIACENSLHSYXYXSV[]_^_[WZ\]WSLJXZRQPPLIBHSTVZVRTUHEKKPRNT[YTY]`bnps„“”omodTCKOTYXWTW[XVVVUSMOSX^_a^NJLKNQPTRMILIAHLPVVRKCOWWYYRUWZWSSUTPQJRWRIGJJIGONONJHQYXLDKURPG@NPWYVQJJQTTXVRTSHKQRZUSU[XSRYSLQNQSORMKQVVVRMF@FMLHFNTSMJORKLORPSW[\]a]WTKBLSWUTSTTQQYZUMQUTJCKQOUVOIKV^[UNS\\WSRKEKMQQ[dhcTPQPPOOOYYJHRULMZZ^ZVV]bdYQYZRPR[lxxpg`ROQTQGJOHFVX]`a`be`^YZU`ia\X\TPS\[VW`[XSLGMLPW]a_]ZXVVGGPRSW[]^XOEHKLW^XHNQNOUOPNMTWKGJCGENRY\^`^WOPTUT[^ZZWT[ZUWUSNOPDX`]PPVPQV\^^XWPN\`]WUQTUVSY]`ddRORX\\YZX^bd_USSY\WXRPT[Z_hjha[VKGMRVYU[_b`a\Y_e^TR^^caNTgmls€ypkbXY]\XX]a[SMVbgNMMPKNSXZX]`WSUYZTUODHUXZ\QKVXPTURWY[_^X[YVW\WSY[\YLFHGNT\WOMNPX][UOOXZTX[YVTKISTQQLRTSTTW[^`ZKGMQX[YYUQV\_^[YPPPUQPVUJDLTVQS\[XX]`WLKTQW\`_ZVVV[SY[UJNUNC@OORXYUNV[[URVSSYZZZWX]^a^PKNKMZVPJNSTT]ec[VRQQUVURMJISbd][^[WYXWNPTYXZZPO[aa]_ecYQLMPNP]hhb[XVPOPWTPSZ_`aXST\\]_[PNMNQQRSRMSQGENRSNNOTRDEUPLHKJOWUOMNNQRRYZ\Z`_WLJR\TS]RTSUYQKKNTOPYYQV_\ZTQIMTYKMLOQSSY_`\Z\\^^bdb\SPVUNSQLPSWPSXVROGPVTRVY]XUTXX]]^^_VNWYXXTTTUVNNMINVTRPOMSRLFJV]ZROXZXTW`lndWXXVS[TKX^a^VUW`ZQW^aa[RNNTTYZXTVYUVTY]Z^a]XTSX\[WRVUZa]XYUQKNRSMOVTQOQJMJCPRPMLLQW]_alqrƒƒsikaXNJRjvthWTPKLQVTPNIPQMS^^VLKMUZVSQLOUPKTYSSTLJPMKNRNNY\XWULMMOYXY\ZTKQVVURRMPUSQVYURSPLHLOUPPQQOBASYUTMLOSMOQLPPQV]ZOHO^\UQKIOSGLUXZ]^YWICLSVWZZSRKHJIQRRPJEVYTY__`WIOTUUVTWWTLU\[VYWNJMPGLTXSHIU_[ZUW_ZTRQOJLKPVV\_[RUZRQZ[TVf`L?NSSX[YZWW\afg^RU\WRTVixzoc`ZRKJMIGJEHSVZ^\^bdehgc_abUIPPNLSYVRU\]YWONUYPTX\^[\XRLNRWZZW\Y[WJCPUUUVWTRROVWSKEBHRRRPMMNPNRUYYYPRRQPLQ^^`\WVXZXUPLNFM]cZQRSRTXW`^WQLNWZVTSPUZYbdcc^ZUX^deaWVSPZb^SPY][^dd]\]\_hnlfZFCT[XW]\[]age_[elia][X[]XT`hmp}~|ubYX^db]X^[\[URY\VYYVIKPNUZ]^[ZTMV\YSNQPSQILV[ZTXXTTWWRMV[YRNPTVY]ZO@HJSYUOQTLN[]WUQIPWVUVWVUQEJSMIMNTVZ\]de_WKKPW^YPMJNWYVSUTQRX[VRPNHCRZYUU[^\VW^\NNROSYVUWYZYUPTXQH9ELBCNGAMRTLWSUY`b]\]\[[Y^_a`\QPTVRPLGSW\aagjd^[UUUY\XVXRMS_fghd[XVUVQRY_^UTQOX\XTV`add^RHGS_lnleUSOLOQNILVWVZVJZ_QLUZYY[VX\^UKMPTUYVSRQNNVUKOTPQURTOVUTQPOOPXa`]^b_VTTUZWSPFRYSRNMSVTSSWWOKUU``^PKOMJDLQUUQPXZXRQQPRRTSXWXPLHJQOISY___\[YUONQPPVWNJSWUTURWUOKSZ^^UMMTXTVWQLOPJQPOKMLHENRUNTZUOFL[lpf[TTUTOZTOW_dcXVQOQ\aaSOSUTVWZ\^^YSSSWZ^WTVRMPTTVVSQQW^]ZXZ[YVRQOOPSNUZUSSMHIRSRKLSSY`fhlt‚‡ˆ‡|f]\VVPLeosmaPFDNSTPOOOONDP_e^QQLSTPIFDJNNRWXNDGKUXYZXTOKRRVVRMMMTTQMTYWOPONOUQMSZVJMKPSTSVPOTUROOMLJPXVRQTHPWXZZZURUUTTPRSWZWRRRSTXX[WU_c`VKAKOQTVZTUVPLMQOOFCEIOIPZ]^ZTKEIRTQLRO?MXZXRQNUY\MBR[YMGOXZST[YSIPSIJSTKKPQNOPSXRMNT]dfhZESZXZXVSMNYbhe]USX[ZXVamoe[^XNNQSOHMHHOOSWU[`_imlhffcWEFEEPW^\YUX[\XX]ZUOTWbgaYUNPV[Z[ZZZYYUOS^b_][[XWTRW[YLA=GPVYSRSJFLUX[]]XW[UQQU\^ZYVVXVY^TGPQUZUV[`[UWSUZ[VTSSTW[WRNQURYca^WPZ]bfi`WVY\^_]RLPTLXaig_SUZbffaYHT\`]TSRTPT^\[`fmib\Z^]]ejehjqtzyqZYcdb]V^```^[[X\]VTSQNOFPXVQW[TIS]XPRVYXUOOOPQQSUVZ_^WRWZWNKEPURUYUTOORVMLTVPQTRLW\VUPNOV[VPL?CKMOTXSPRW[^aaZLOPX]]RLIPRUSRSPDLVUQOPJKKTWVOMQ^\RSW^SHMW_JRQOJLKFHOVTKD@;?MTPMKUV^___\a^VX][TOS\\^^XWSTUVXPQV][]kwul\SPSQU[YOTVRKT`r}{i_YPPQPOPQNRSSVRPU\_[chcWIJIUcfc__TILMUXRQTWRRQU]`ZXUQUYYWWVOMOLMSZXUVYYWSUXOOSY]ZXTQSUW]_YQVXXPMRYUTYYYSTTRSY\WSXXVWWVUURNNTV`hg[MLVYVY[XVRTYWWROLQTVTRQZZRJGLRYSX^]YUPUTTXPNKJQVSNKKRQOKORNKKRVWTSWWUUSTOIKORRUWO8DIBHSYVPMBBECTcbXVXVVTRSNNS_]`WQNJPahkbUROORZ[ZXWRPNMPXVNHJHICFQWYWSUPRSUV]^WPMGEJVWTSY][SRLHHMQRTTSX[\d_o€„“Ž{ZPNOQNS`jldMJOSXVEJTXUSPUageWSVRQQSQEGFOVUVMQVY\WTXVX[WMLPWWSROLTXRTSQQLMJHOQDITXONLLSTQUSOPPQSTWWX[ZVLNQNPZZRPVROTQLMOXZVYVPTX\\\\YTWY^a_TSPNPRNMNOUZZVUXVQLIGKOSTNTYZO?DS]TQRPDJW][VWXX[WMNY\ZTTQMMP_^WSUUTSTYYUNILJJLPVUUT^bbaSbWZa^\Z]b\TVdildUOMXURTZglg_\UPVYYSCAGNKQPPU\^`dhjfde`RJGDIRV^`\WUZ[WPUZPJNQ_kg[WSU\WX_]\WORVY[bb[ZY^^XUTSSUQIHNUQQVXUNOT[[\Y][]`\WX\]YY[[WXW^daRRYXTH>QURNPPS[USW_c]VWURTUXVSXXTMP[ZUbecXX`db_ZYTUXWRX[]TRXXUUX[[UZ_d^]^XPOR]\Y`cfe^W[`^]ad]\agl|€udhjeaYNW^]X^a][TYZKIOYWKFOPFPTXZ[XNHYcb\QRMEERXWNNZaa\VMKJMMLNQMQXZYZXWXQPTPMSUNRXRTVUOQX]TIHGHKNPXZXUZYRY]`]RSWTWXSMORSOSVZVQSUNMPQNIJMSSRPUYXFFOUXRJTa`U\^WE@HFNQQPJAECHPPRTUSUSV\XWUYTZXULGJQTW[_]RPRSXYRTUX_trcUNQSRXRLIWXRRUp~zm^YRNRVMACLVUVTTRV\YV]c`VRTQMRSU[_ZKELQSMS_ZSLISUQVZ[VKPSQNMKR[VOOSMHRYYSONSPJPUVSRMJSXW\db]_]PBFMMLPXVQNRSHMQOSSWWXVWWXWRSVXUQXZVQRUUYac[OQTWZ[XURKNLTWY]YQRVWWXTKRUVTSQKPZ\YVRPY^WJGIIMPUVVUOLNWWY[YZUNPPLRU[`[[VQOQNLLYVNNMLNLTYTVWX[XX\]WRPUQEKW]WT[khXUV[YRYYZXTLKAHSUUXXUQB;OVXZ[UNJUWWPQNHNQSTUVRQUVUKLPLMQOQYMGMWcjfYhyˆ•’~dQTTMGNZ`_UIMSLQRGJSURV\]hlpeUFKMRYSUUUPLHQSRXVXVX^_][QMPPQSUTQHQROOSTTLJJFJKGJSXQLOSQRPNQSLFOYVUYZ]\SHKHBQY[OJPM@?CGJJRURQSWYXXXXYZ^\TTYYWXYSPROPVQQZ^\X[_[RNLNSZYOKT\XQUYXVOROKV[]^\^\WXYRQWWTZZVOTWY]TRSW[\^]ZYRFIPRMGSXYX\_]^[XUZ^VUTZ^YP[`chcZRKQWXW\hpniaJEOQFHMIMRQPQS^bbZ[chkif`ULNLMQY[\XPSUWSPUa`]SWXWYZZQLPSWURTSHCLW]c`Z_WSRQXWTLOMJOTUUOPUYXQUZZX\[Y[WVWPPVV[`]\SMW\YUUWZUQTVTOTTNJPVTOW^^TPPSZ^ZTSSUVW]][PR\]ZVad_ZY\\_b]UTUXX[\ebYNV[WRYcedjeVSYY[Y\ZX[\YV^`b]XZVXVf{{rnd^[WVW^WSV[YPSZ]YJLZ\VKJVZVNNMUYPBC]hg_WNE?JTZ\VVSU\^\VMIILKGANX[XSY][WSNHIOVVSRSQQVTTV_\SJPPNTTOMQRYXTSXZVWQSWYUUTVWTRU[\ZUUUWXTSQQKDRX]Z^baYIDMQT_[QY`]WRRNOJOTPPPEAIPT\]^\\WY_fa[[WZZ[OGJLRTPSXWUUTSTWZUUX\jz~teVMPSRWWRQLQX\[`ieWUUMPPPKIJL[_[[Z\\^\`fa[TQRNSXYUZVLKFETYXVZYPLLULPWXWTIQPMP[[YXSUWTSMUZYOIIOSTTUUTSIETZYTTVWWRIEGGBDLSQNLHGLPNOVYWX`[SMRXWQV^^WVUVVVPLS^`[QT[]]`]UVRSU\bYPKLTXTQLNOSXTWUQNPTRMRTOV\UNKGCLONWYWRMRYYZZTPIITWXYXX\[VWVYVSLJJLHNUQV\[XTUWVVVLVZSTZURQMTcgdZXba^TSXXQLRLLQTPKNZbaZQUTLMJLRT[VQORZSOTOQRRRTTY\ZXZXQIKPWXPTYSKQ]nsm\Zg}‹ƒkXRRQTXZ^[[W[\WVXTTSRRTVU`ryubHGOUX[_`\YKEQULEHP\cddaXQQSURRNGCHQTSTZ[[ZTONMH@HOSOTWZXQRPRUQ?HSVRTQRWRJMJLPSWUSPHAMQKLOSOIHQTSONHFRZ`]W[\RKSPLSYWUUSTWY[Y\_YSLIS\_\URWZSORQVXTROX\[TMQZXNORVWPLZ\WVTX[XUQNSSVY]YUXSJFQVWRW][\ZZYYSV]WUSX^^^TSZ]YY[\YQQZ_a^\dkleWPSN9:IQYTTTQSV]^`beilmg^SKEHS[\`[NIOVVRLTcec\ZVSZVYXSRJMRQ\^ZYZRU[Z[[TRNNR[WTXUTYZVNKOU^_X[[ZTX[Y[ZTRPOLOY_`\REMTROS[\YUZ\V\b`UPQUULKV_]NMY]`]UUWX]\Z\YYQSYSOY[TP\\Z^abWZ\`__djkdVTXXQX`ccecWY]\\\\[PQWXV]ded\XW`el}ƒ…ƒudUVW_`\[ZXWPPSZ]XSVWIMST[_RLMVZVWXOUW]c\TLUZZ[\[WVZ\XTSSW[ZP@HQWTSSUQSQTUQVRNLRSSWVQLOZZKGNSKKUUVVQQMHNYTQJEEKOUSSWSKMSURPRVSPONLQSNMS\^XVcbUMQWTV[aSXWTWEU\ZY]_\YWNHHLR]bd_YQbuytaTOSZ_[YPFNRHHWUSUQSTTUUWWTev€~qcULJU^a]VQNW[ZZ]SMVUORZ\XUROT\YVXYcdadjg`\VSRTW\`^UQVWVZ_^\VTRKMTUZZRTORVTTTX[[RVZ\WWZXXXRIOX^_UNSTPJOWW[YOKFIHNMJJCGNOMQQMJPXVULWTU]YRNW`]URW[[XX[XPLPY\_\WV_b\Z[WWVTU[][LMSTVSGLNNVTUTSVUOMNAKOLLPOWYMEFC=KSNGKORSTUQKKLPRW[UW\\YXSWTSTVVSMKQRR[]UUXSUVXQQZ\^ca]YVOVa`]Y_ccaSIFIMG?IT[UMR^cc[QGPRQNSSSURJFFNRPRPWUOJIPS[[ZZYUNPSQQUZ[XTK^hpl^WZn‚Šˆ€q_QTX[^\[\\\\VVWSSWSQMFN[kvsaOMV[YWZZTRJFSUNIPXch_YURSYYRQNQNJLPWZWVVRRWTSMFA=:GMOTSUQS\_bZNIRXVNELOSSSPPKNZ_ZXNKMOPMQQORSSRMHMJIMNOQQV[TUVPIQZ[ZXWTUTYVSZYXTMR\[YSTVTMMLNUXSMCNRTVQSW\WSWV[UQYYZ]Y\^\TKFIKPZ^XQRTMLNRTT]cgd`]WUQU_aTU_ba\XYWLRZZ^^VNT``ZPWbgd[X^XOPSTTQLSWPNNX`_Z_hli\UVRJU]\]_SORY[VS[b_XVTQRXNKUSIMQSTY\XZ\TGNDMUUUQS\^WRPRWW[`[PKSYQS`^YYXYZbd_ZVSNLWWYTKNWWROQTTQTQNLW\[RJT[XRQOTVQST[\ZZ^YRZ^[W^^XMPILRXSVY]VZ\\Y]cecbghga]ZZ\^^^VZ[ZZ]`XVVX]\Z[fkicab]TQ\lpt{€~r_[Y\]WXVYa`ZTSS[^_KPNU\YZ\WOT]_ZVWWQSfpl[MNPQWWVRV]\WSRLQTOGNRWYWQNNILQ\e_VTIHMQQRYXHJUWPRVUNLSVXXUJEFPXVMLOSWQRTMMHCGOMPNMTPNE9@NVW\YY]ZW\^WTXTSMSRQPPMRWRILMUTSRTRKHOU[]cd^Xgy{raSZ\ba_\_ZVUOLRMENTNLQTZ^\ZUbpxn`QNPX[WPLJMMSTSTRNQTLIS\WMPNU\[SQUbfc\]_`[XTLJTW^^TTW[WTYab[SUXXXZZRJLIMPRNPUYXVX[YZWZWWWTYZYZ\WRY\YTRWVXYPIGOPIORVXTSRSRUVRTUWN;AGNNNNMV_[RPTSWPQUXSQTUZ[YXW`b]SMLRRRXSUVTMHGUZVTNJEGRVUZYRTRMHKRUUW]_[PONHUXRNTRUXXUURMDCMKEKYYXQKMYVQTY][SWYWNUYZYUJPQW][[[\aa`]ZSOZ\WUV_\\YQIFKKQVXRQMMTZ\[UOOY\PNSQRKJMRYYURKQYXUUUXVUY[XY[[UJDT\VPLP\hnpmhimy…“—t[TSQ[^XVY_^\\ZPJRULRTNLWci]W[W[\XRMSLECBDJWYWY\XSL>IXVOPNSVTRSTVNNOPS`e`ZUNKILSOMPUWUV\`^TFOYWSPMKOYZVSOP[`XQTQNPSTPPVSTRJNYYNAAOUXQPSOTVUTTTYSACPMIQTUVUSTRSOPSSQRPRXW[URROQ[ZNIPRTYSPOLRROPPIOVYYjolmtƒŽ“dMTPNPSQKFGVWOPTEIQONTYY]][XVUINTWUTLBOTXWQEMWad`WWRGIJOPOPROLINRPS\[TSOR[WIV[QHBDDAJRSX[VSTQPXULKNTUXVUPRVTSSRSNMSRKRUWXUZYSIKQXZVT[XNSQJNUYXSX`baYTOW]XSUQMTT\a^W\ZWTVZ[_aeaX\_ZQV[YVTRRTZbd]]_]ZXX[WQMVZZXYQGFIPX`a^ZXRPNSXX\]^bPIUWPQRXWUVSONLSY\VU]gnmaZXXYTSX\^[TQY[[^[XRXcb[WQIGQXXRRTTRIAITSX\]\WMLHIOQMLPT[Y]`XROSWYZTJCNWWVTPJRUSWX[RLMHFNWRQY`[Z]_ZMNTXRLIKRUOQPLDHKRSNNSVQTYVSWYSQX^^XXUWYZUQQWTSSMRRORNQUV[\SUXV[[VPSUWSWZad]_b[SOQ\_YSZbc_\YTYXX\_\WV`jhb]a`XYo}~ƒ‚|}zpf]\YU\_[_a\\YacbSQGLGQSRNKR\]QLIS\WL?@FPTRUYbdd_WPRRVQEFKORUPLNX^^^`b_ZUMIRZYVQRWQRWYX^_YIJQV\`_WX`[NNOQRVRMRXXTY\RNNKISXXZWTVNBKSQIEMXSU\][QQY[YPXXQMV]ZXNKQLIRRSIE@MSYdkeUSMIRLGFIKQUUVRJKJT]ZUSUVOPXYRMVdkmksnbEDMMLOIMR[ac^Z[VNHOW__X\YKH[b_[_^]VZ`ZNJLRUNVWPJIWp~…€paWQSYUNSVYcbZHORSTVWUQUSJLUXY]a^bdcbZOBLMPOHSdfXHNUY\]YOPQJHSUQSWX[__`^b^URUTTSQOX\Z\\YPNPQVZXT]YONYYXW^ad]TS[]UPPROKSYX[^Y]b[NOTTNRXZXVVWZ]YULHNSSSUTURPMQRSTPRTSULDLUULMNLEFKPY[YTYWQINZ[VSRPW_^^[Y^`__`]TNW\[TMQZ[VQUJQUJQX\[UEHRUOKR[[YWMMMJKPOVWPOS\dbXRX_^UMKSXWXZ]XQJOUSTUMNTcquqsw€Ž‘„bDRSKQSPSTRWUYa^RPSMPU]__]Y\ZZUNQKBFINTRRQVSNY]^]Z\\[QJMSUWYXTNLOPZb]URPRWWT^aXVTRMELRRQPOPRTWYSJDKX\\XPJSYWSWQOONNLDJLNTRQTPKFORXWTXTMNKJHRVQKNV[\\[XZ]YTTJKMS_ded_]^]SSVT\`]WUZUY`_[SQTWVROOQUXYXRQQJFJX^\UOMMNQTZZWVWU[^[ZWVZ_^\_BLPPPTTTV[QP[WSX\[X__^[YZ\SXYWXXXNRUTUMONUW\ecXOPOSTVUMRZUKCLQNJFL_dYOQNHCCKNNSZZXSRQLPZVMIENDLSNDOXYTRRXWTNY^S?FQPL@AKSURKGRWT^aWERQVYXVRLIRTRQQSSVXXTWXWWNNUUPKRWS^p{tbRNLILMR\aedYTTPOSMNVUVUOMNS^^]^\[_cfaYUWZZXTTHCJUgt|~xdZPPWSMQPW[YJPOQQQPWRSXYF>JX_aadhhbXQPQQUXXT`lj\JBLTY\[XY\TQYXS[^\XWV\bc_\VSVPNHIVZ\__[\[XS[bb^_YMONRPU\YVXW\bbXPOPLS\__]^^dmcPOPOTSRYSIJQSX[WRUUXTWOMTVKLOORRMJMSSSMRWSPQ\\XOFJRUUNKPW[XZ`a\UOTa_\VHRWYY]_VRU\^^URMQSTTIONQQW[YTPSUVUQUXXVRTVSJLOQUULJOTZ^TTabWRRGJONPZ__UKPYXMFKQ[^dnqsu}„‹‰~ePMWSMKFIMLHP\[YLRVVUYZVYTQW\_`_YOENTZYQQVYVSTUUVUX[\YQSLNWY\YSLNOYZRQXTVWUY^ZVY\OBBOQMMOWWUTVPONIKSXWVRRZVDKRPPQWVVSPNMTY^`\TKOQVXY\ZVZSJKNRMLNNQWXW[ZXSNLQOKMRZ^]WUVUOZXMIQWXYUQW_`[QNPXPOO[XQHKUTTOHEXbc]YWTNMRTY\URSX``\TMKLTYURN\VRRTVQTKMQUQQVUWVUQOPRPHEMTYWQMUURPNHOQQQPZa`YORSWZWVWXWLEIOPUUUWYTNHNVOIHMQ_hlgUOVXXTLKRRQQT]_^SONDAMZ[UNMIRYQJRUQPTXZ]^_]XW[YVUXWUNF=JX]UJOUTRZ^YTYWTXVMSTQTV^b_[[Y\\XZZVNKTUMX]XUZ]]\[WQ[\`ee^]`[]YNLQTZYYYTMLTXVRV[^ekqg_Z[[^^b[^`eikbjlprqprmaPW]\][W\][TRX^eZZ[UVVUVWZa\^^WMNOIIQRSRMOSSUWLLPOVY]YUNQPRTTQRTTVVTZ^XRTWSNOMRQSRLJJQSPBKQVVZVYZXPLJQWTOLZabYSPNILNTTRT]^\XXZYOPQOTVUWXTEN]^XKDILPMDSYL9HR\[POUVWTNCXSXc]MQMPX]YZWWYOLSWX[]_XTXUORRV\ebVQVPUhvyuc`[MSTSU^aegcYVRW[VSWWSNKQTQV]`a\Y]b^\WY[]]WOLKMNRTZdqwl^URNKIMRZ]TL[ZSPV[RMPY[T?:N^`X]eebXNQOTTTUPZbc][TTXSOPQTVXROQZ_^\XTUSWZYXRPSVSKLTU[__dccXVX]_aa]WRSRVUWM>FFV[VPRRQSX[^`^YRV]XTZ[[Y[SOOIRUPRX[ZYXRPJLIRUIGJNSYVTVWULNNPKLSY\XQF?>HRWQZ_WRRZ_]SPW]^[WLITVY[XQJT]acaSJGNJKOUTKQW^^UQQSXTINRPWTRPOKLPLEEHLLR\\T[][WVUKKBIVUOTPFM\ZXMJQZYV`omkt{‡‹„nVMPOEJMIMPLJPQBAFORWTQKNRTLSZ\\]WPVWWUPRZZXYXTWTOWZWWVSRNTXVSOQPIDA:HNMPYZW[UTXTOFKTXTNPVWUSOOQQLMOROVWSSJ@OWZVSSTV[YVPSZ^]WNPSPWYXXRQQMEFPWUVWWWWXSMLQWSNOLFHLVXUTRSOV\a[UNS[ZORZ`YWTOQ[ZW[c`VOKNPPPFMWXPNSXWMIOJLSTVVX\][QT\TTTPNWZed`Z[YSTSROJIEFSVZW[\[ZRBLQQVYWQRWVRLNRLGCPgtlXMONS[\XIMUSIHPPNRSRRQQVSLOMKFHOX[[MEKQKIOMHHIS\^_ZXZWTSPOQQNQQNQNMX[WXVV[a^_`]ZZOLQSRTTLDLXa[OOTTTVY]^UMRVWSVVXUX[ZYVXY^[XWYPJNUVTVXUYZRTXUM\cb[]__[]`YULQYWPZ_ZSWa]]WVadebknld^Z_]X\\Y[_gdgkgaijuyvfW^_XXWZYZ[ZX^hj\WUVXYYX]^ZVUNNPSQJOLKLHGMR[\PDDKQPTUSQRXTRRUTWUNMOPQP\hcTMVZ\VTUQONPTVUNOSTSRRUQLGBNSXVQSXWUNPHKJSPKEITZWRMSSROOQTY\]YSHNZXVRHGQTM@QSLHJTW^XBHOW\WVTWche^UQRSQOJPWYQV^[[Y[\VMRUUSW[^lofYRLJVddY\ghb[UV\^ahmlcYUVX\X\\VNSYYW[^__ba]`a[ela[\QNPPVXWVXcoqiZUVVSPQQY]VV^\RKU[TMKUTVSMV^\ZSZing[OKMPS^\PTX\_WSTPU\\SSVTOU[`\XXOTSDFPWVWX^[UV[TPW]a[XUVURYYVQRRSVWWRMHF@GUVVRWXT[^^_bZYWZ_ejic_```^WNTVSWZ\XUTRKNSOSMIJSUWSTX[ULR[]TUZ\WRQLB?IRRRWYVOJLTTSRUXXZOOVRVUSZVUW^]`ZVV^ZVLU[YSIOZYTTNLTSHLSRTTTPRRQUKD?DQPRXRRTWPEGMMJJY\TOSUQP\b_\TT]`_^]afnw‹“ƒhW\]UWVSSVTOECCLTTNUTRPZ`_XYVXXWVUXVRSSWUUVVTSVVTXZ^]ZTOLJJOQPUXKEDIQUNM[c`URX_[RRXYZWRKUWPLQPOJJLNGFSWSMHMW\SSLFKOVZZXSSSUOAORPZ\UTSQJQOMXZZ\`b^ab\PSXXNLPMGHPXVGCGQTQVZ[YVRWTNPW[WRTSQ[_[[\^VQORRQUUSXRPRXYVONTTRVW[ZUX^YMW[[ZTJIU`kee\URTUTQRYWROKGOYcf^\]`geXSSNHIQYYTRRSXXapujVEMUVVVTJDJLORUSNWXTOLSXUPTXWOKRV^ZKGQTORTWXVUX\\]^UTZ^]XSQQRXXVWSS_c`\SU[ZSQOX\ZWSVZ[[UGFIPYVMPNSVPNSYKBKRV[WVXXVYZVVSRWYWKMMLOLPZZPRVTKQ[X_dhbXW\_\VTRTSPXYX\_TZce`VLOZ``\_dgc__a`[_]STZ^cd`bjmkfrxpb[YVSNPUYYY_fjnlXVYVWWRTTVYYQLQROQQPSURQTZ\XPH>LQUXXSQUTQNQSRROHGTVPNXgd_VNMNOLLLHUWPTTKMSRLMNOQLIFLWYYVRPPPIOUROSSLEKQ[ULOTPHPTXSY[YWSSVZYYSNRPLFKQXXUVSOBQLKMKLPVUS]ddbZQQUNEJJNNSXXOOLJUWUSUPOVSPVcb^ZXTNLQP^kohXPTUT[hnk^RRQRTX[]\VWY\\__[W\```fpyzmWMY`ZRVSTVZ[VTRPNPQOJLQUYPIUSLOWXVSRRPRYXWY[UKVjqofWNXWV]`V\\_ZMCLSY]ZSTRJNW\[Z\ZXUUMPUVZSOTZZ[ZXPMSZ[XTPHDOPOU]]XVXWYUTQMPVR\^TUUTX^\ZWSZ__]a[UQXX[[VMRXQNPOQRSWZZYTSMHLJNUSSVPGIS\cXRZ_```ZNMZc]GIVXZVRNTVYYVXYS\b]WTX[^\[YRV[UXbb^]ZUW[XWY]_\TFINRUVUTUYYRQXVKDLWWUQWV[[X\UJOSOT\\WUUY[Z^a`]\_a``^UUbpz‰”–ŒzaWVQORRUPPPLLNPSQQQXYU[`^ZVPHQQRYZWRVVRYTSWZUUTTVX^`YSMKNLQOJLUK??INYYULUVQPZ^\YZ^\YXUQRUEFOJEFLOMJEQXVPPQWZRTVXUZYXYVQIIPLKLMNTQNUUZX^_WVXTUZ\[]e_VUQMGKNOQOSTTMIU[\VORPTZYTUYXSWYWTXX]a`YUQM>KQKJOVZXWSUZ[\VKMPOSVVUSU^ZWTTVXVLOT`ffUQPOXYPMQXZTXWNU^bf]XZage^^[OIJOSQPLHUTZ\hjaXWUOQ\^]XKILU\a^YUVTLDDTONQTXRHOV]]WTWWQQXZYWTRPQU[ZUV\XSUZ[ZYVWVWWW\_ZVRUUWSNZac^Z]_aVRTYTOOJMTTRUQIDI?LNLV^ZORTRRYUPNQZZWRHKSTV[\VLS\_YY]_bb[WQQVZ\^\[YYZ`b]YWW]bdb\WVTU[]ZX^bca][\`_RQZ[_fimmmf[hwrha]YYWU\c`YW[_aa]RSU[`_VIPXad^TRRWWRW[VK?NSSTQPMLNUTQSQTUTQQKFGGHPUUUU]acb_LHJGLRMNPWZTGKQOKLQTTXYYTSSZZZNKORZ_YEJPMMTVXXJU\WGLUYVUYYWTWVRRQNPQPHPWRJOW[[VDGVLLSMSZXSYemmhe_YIEDKMKIOZZSNQJHJPRRMHSRNTWVMTTQJGKQ^jngXPPTZ_gprl[PMNRTZ^\]USY_]YSVY]^]jtxujUV`eZNTQOW__QNWYTLDDIKJX[\WZXQNV\]\[XTOQPTWUSNP\eji_YVTZ__a[\]ZPKHPVXXTUTKLW\UOT\[[U[\UTSXVUXTQPPQKLV]]TNHCGMLT\\]VNSWWWUPWXNR[[SUGJY[WUVX\[YUTU]_WQPQJMPOTWUXX^ab`YRWWSZVQQVW[PMRYagmd\XYVUSTRT`\EHU]^^XQVVPPRV\^acZ[YW[Z^b`V]YNKQSSTSY\ZZ\VZZQICCKOQPOQWWMMQUNPUVRLSUUUYWZWTQPU[]YVUOTWPZ\U\Z]^^`e]T`eqy‰ˆybNJIAHGFFJJINNLNXPIU[\YRRUXPIINT[ZROHLLOQKPTUSQNNUXVZRGCFHLMIHJB8FONTUPNUVSUY][Z``\WVTTXYVQMHFHRTUUMNSRMRUTTUTZZ\ZZZYSRPOROQVSOKIQOOTY_d^WRNQTWWSX\UMPGJLHLNHHOTRSSUUUX[QRTQGHQVSW[___\XTQLEJK@LRPRQWYVONTZZZUQKJKLRKLPYaa]RPYTSKP[`_TGW][VXQJV[WU[XPWbea\MMS\[Y\]TKMQTVRUVXVSQ]`cdaZML]bb[ULOSWVZZTRSPKJOJQUWWTCBKY^[W\]VTW[WNUURTRWUONDNPW]\^XPVZXXVRTWXYUTY\Ybdc_Z^a_ZX^b_WVUUWWWUSOTUTXTMMSUUVXNJUUY[[YWXXUPSVVOVTW\]_[`ecaXPPPMKR]ce`[WW\]XTUY]bcdc_`XWZ\^adhjfdc]]^ZUWU^kqonqf[afiki`TTVZ^\YQWabc`_bUOQ\ec]PKRZebWQOXYUQNQI?JZYX\`^MCKOMMQWZWNLIKJMNPLOTU_joph_TQOOYYXNUVRKVYWUQHQWX`ceab]]ZSIORY^^ZXTUNMOVTRY_UHITVWUVXVVRNMRMPSSNINWNIKWcbZMMQPLKRYTLQ`cptuiiTKMRTTTYXXOJMOPDPWTJIVVMQVTLJJCFGBR\cb_^ZRXffbjtsj^WYX\\VZWUT^`ZT\dkgcjpngb]SX__UQPUUZ`b[V]_[SIPTPPNQXYUVXRQWYWYZWTNMMRTQRJKU[[[XVOOT[XNHUUWWUTTVVRT[WQQVXTP\]TW[bYMRXXTWTLMINVSVVZSUQQSY\_YTRJ>L[\ZQPUVUQWSRPJDTWYYWQSYWPPPRWTNNNOPZZV][WLT]_]VKORX\`VBKPVYTVQSguxodXXNKQPLRUPOR^`[WVX\UHHQQOW\WXWPLPV\\PQ_aWLMTZWPQ]bc\VPVTRMLJSTRJHPUSUXWTTTURCSTGLVYYSQKHMPTWYVRTTHOQQQPOTY\XUPX_bmˆ†zcTTUSONNOSOHJGMRYUMJZbaVMQUTPPUVWURSOCILKQQTRUWVLLMS[XD>?ILJLQIJJRY_bZKP^`[TUXVSUWUUOOVYURQMIMSVZWSQOUUX\_ZPTSSSLOVXYTXYSTWVWU[ZVXVJLNV]^]\PJLRNLT_TNOMLLKQSIG[`^VOIJJSUPKNTKFNQEKV]^XTRMSSRRNKMMSV]\XVU[fiaONTPJMUSI:FXb_VQYZSMFOX[XRNW\SRVV_^XXYTJRaeda]\VZ^_acZOR\\XPNQLQSV\`_ab`XUWQNTTVOQUYYSTQNLLOUOMPPT[XPENTSYef`[YXXTQTUX]WPORQTYTSVfh`ZZVTVXX]]XTW^_WX]\Z]ab\RSVXWTUW]]VSWWRV[YYXVTWWSSWWRRW\]ZSUTZWRMMGCDV\\VT[`dcb][XYYVVZ\__SQMJGMMZd_``bdea[ZZagjjjidbaWV\_]VST^dhmha`_X]enl_PHNXZWMTahgc^__QPX_b[XMKUXRRSHNSRTRWQIORQJQZYJJQRJEDJRMKDIMPQTRNLMT_kprme\YWTPSYWNMQTXXY`ZMNSUU_^aa_UWSOTTUW[_\XRRC=JNLSTRNJJNVSOVWSMPPOJLNMKJNTSPMW_a\VQS\YSWXP@IQ[kuyzmdZTW\Z[]`]P?COSSX[XMNY[UUPRTONDLON]aa`hng[`daWZhnfZVRV`b\TTQX\ZW\lvzuiipmfaTKW]XPKILPOX]]`bde^VRVPNRSOQSVYULGHNSQUSSTOKQUUODNWV[YUPLSWULLMMW\XPWYYRV_]TORZ[XXWNOW^[MJONOPQQRJNWZ[ZWY[]\Y\^b_[ZWPQZXXY]Y[Y]]ZNPPNMTTTNOUXRLSWUSUOPPMR[^]``WOPS[_WRTWZ[WSSQPVZ`[TN\txp^X]WKJLRYXXSUXZQLNNKRRIRUTVQSUTQQT[^[UST\TR[Z\\NIV][UTUPU[[UOSSRQKTWW[[VUWUWTJQRNOSZYYRTQOPQUQRMPUQONGLTSQSSCPZVUYisˆ‚r_WOSSXXSTTOFHJUYWVWbmldXLOPQRVYXWROKJIJHNVUW]\ZWSKVZXN?FQSKPVY[[XZ]XRGMUWOORVVTWVOJ@FR[TLSSQURNJQZ`a\YW\_]UXXQMONRRTZZUPQVSPU[[VVVPEMUX[\\XRMNU[eh`YZWRKQXXTSUYVVRQPQPMKSXZRCILHFQVWQMLLFNVQMSWSOU[WVVWY]^XSZ[QUXTVTOJMTVUU__XXWNOVZVUXZNPQW\d\QZZSSZahmk_[XRU_ca]RSZZPIQRQSWZYWUZba`[WNPSY[QCLTRPOPLIQX\WVTOKRXVJMQT\bc`]XUUQOHFKQRKQPWXXWVX^eebbaXWWYXVSTW`[TWPOX^bc`[][MJW^\Zaa\[\W_`[\XSTRMLJRTWSU^YRQRXTPKKQPKGHWZRV[^YWZ\^^\XX[][WRHUZVXZ`ejiaZagg^Z]\\egdc`[\_\U`fe`b``cdgdhmg]W]jpjaY\^\YXYhkifgcbNFLRWXSMLGJSUOEGJJOVUSOROFHLOIRUUOGIORRQNQSRQSPMSWWQUWca\SKPPFLVUPMSVWLLXVF@NQKIGT\ZUOJPUX[[Z[ZZXUFHOPJISZVPMJNRW]ZRLTSQNKKPTSPLUUKKZZWY[Z\gTUUSPSQS\n‚ˆ€pZKW`[RTZ^^TLWWUX]YUMPRVXXW[bd_NP[ab]enspib`ZWV_]VX\`\bc`YX]c^VQ_lvwqdXY`a^PEPRTNOOORQSRSadcozzcRWZ^[LHLOQQPOKLRMOY[WYSUTNIO]`bcdXVX[WTTROM\_[QV^ZW[]WSYXSQROMHLRX\HFLNOVRWYSQ[Z\\UQQPQUTTYZVXTSSUWZ\`ZX[`c^XORONQVNLOWWVU_^^RKJPURPVYU]\SRTWYXOTY\_`ZX`f_UNX]YUX]c`URWXVXYTRTPQWUWSLUWSYZOJXZ\ZTXSRSZ]]\ZTHIUTVXXXPT\ZUWZVX[][QNOKKPPSRPTSQOLT\YQURMSX_\OSXTQUXVTLLXYNKQVVPJLUWZ_cXKV`q‚‘’‡x\QOTVSJPTMKKOXYZW]ceig_UQONNMWZRPSMOOKKKJOVYWYXSNQVUTNRVTTX\^\ZSUTPRNJMOJJSWWSSUTNLV[`[QSUQROGDN]d_YSNTY[UURSPRPPGIQMIOPPNMQRLNRQLJOWVPOKMNLS^_a`[Y_\SMNXZUNPTSQRVZ\XTS\]XUXVOJQ_bWPPVYRRRPOSVVZ^YSPXVQSPXZWVUWXRQSUTQKNNOXYRRRPTY\X]f_VUZXYXW[a`[\_^fngaWYYXXZ]TR^ZPPVWU[[]XVTPLSWY]d_YSRTTMTYUOTWYWTUVVW]ZTUVST\_bc\[[[UJMV\WKEHNLQRSRMS[]TVZ[]]XX\XNLQSS\^UWUU\]\a_YZXHIR]bailf\Y[[ZTQLILHIRXYYVX\]^[[STRNQVVVWTNXZQRXXNPV[UUUTW`][\WQU]ehghhmmdUYb^UXYTV`^[^dc_b`XWdiidbeafhjpnf`YUafd`df]Z^ahmmegjf\`SVW^^VQGBDOTWYNJOKMTVRLMKCRYWRLLOMPWWYUQQUQHOPMMUUNMPQXWPLQPLHMPNLPVRNIORSIMRQIKPUY_`XUOOOOTQQTYRMORSODKLRSSONX]SLGKPLVUMNSLHBBLSRTYZZeifjjohNVWY[^YYn…Ž‰vgZcg]VRU]ca[URIOV\ZZSRNRY\]gjeWZb\YUS`efc^YRWUNJRbilfZ[a`_fid[Z[aqrl^TIUYSJHFGJBMTVVWTWZiup~ŒŒ[Sbba`b^PW_a_[XWXRWPQX[TQHKNW][]__^[YUYXVPT[adc_XTWYSDL[VQSTUTOP[_ZNCJNTWVQMBHQTUTUSMJPVUPOQNW\ZWW[\YUQPUZ\[WVTTQRQNMTUYZW[^WSJDRWWVSUTXWQQWTTMKLT\ac`ckkg[LU]^]WMN][UTQSZ[STUIEMGNMKXa`ac^TT[WYWVWWZVTUURSLSVUILTWQ]bc_^[WUTRPMHMVV]^]XWUZXQNWVQ[[X[Z[UGQXTIRXZQRTWWNIJRTSNNPV\ahagv}|‰”€n[YWSCEQTRQTGGLOUSY\]^\VMFNMPWVKMPJPOF?DIQTXXV_fhc^fgoT^]^^^[f|‡†ylaacYNPSVZ[YSPRTWY^]^[YXZ`dgjf\V\TOTKK[_ebTONJFMR\eea`fhedfgd_c_^kpqi^QU]ZPPRSUSRTX```_akqmp…‰iZ^dhy€ubced_UVVRVXZ__ZUYZVU[^`dc_XNPYWRLMRWfgcYVWXPTZZXURPQUVUX[XSRROMMPOIKOPMT[ZZVTTWYZZVTOHFSXYWVVRLRWZa^W]YQLEGMSS]d_[XSTWVRY``YXYVVSUXVPNHDKUZcehhf_TNPYYZWUWZ[UXQQV[\[SMKMMPPSZ`_\\^_`YW\XSU[]UPJMRLJLPTaUMU\ZV]`\ZZZUPOLBJW\[T[Z][Y^YRMTQR^a][]]XTWZSCNW]YUWROQMKOQUZYXWUZdcm‚‹†z~‚€re_YTHLVZUMLNORPQQQQTRJGLLGKNOURIHKLTUNKRTHBPVROQWLQTUXYOJFMVY\ZXXTJDCLTVOPQPRSKJIIQW[YL=COQOTWWUSLKV[ZXWWYRJLWYXRMMPSTTPPOOGJVYVTVXTI=DR`edXMMPWXPXVMQRTVWYY[UMRXWOUVRQWYTNT\YNHTVRPMQSRPSQMPVWPMMRUVU[XOQJ@HU_YLGLW]TTWVOMFR[YPQLILNMSXQOW^YSFBJMMNW`bdaZQQRRUNKPZ\X]cb_bcXSZ[WST`ce]Y[\[XUPWaa]YZ[\]]b^XYYXX]ccY[^XVSSTUXVQOQVSJJOPLJSX\ba]LQ^c`[USS]bb^]b_VPWYUX[RNQSQWZXWTZVVZ\[^_\RQ^aXV_aXOTXY]ZWZ^b][[YX^_[SPVXW_c^Z[TUYVUXWSZ^^`[WYW]agmlf^Y_^_[W[\_dbY]ea^abfdea`^\emqrpi\VVOTVZaaZW\kvumhbdh_XUZfUZZSLFIQVRLP[ad^WPOPSYZRMW^Z][ZTJGGHB@HKPTSSMNPLHKIGISSLANSTQONRSSRTPQTY\THFOUQHEVXWWUNJEHQUW^d`\RVYWSWWNGMV[`]PELQRT\\SLMKA>@GPV[[Y^^XW^eix‡^WVVSU[pwuib_UNGLY[STZ]^XWZXYW[^^]_aadckreVUQRWOPZfhfXROCIT[XX^bdkfbeb``[^a]Whsvo`XZ\XXOLSP[dikjd_`cga_kstj___f~Œ„o\^ZQIGOLOT`fb`\XVKNU^a\XWXPPRNPXWOPUXVXWYWSYa^[XTRUORPVWSXXRNHIXZYVTOQW_^XUUVWZW[UVRSQSWTPSVRMRUVZXT]^ZYSTUVPV_a`]XUWYWX^_\TWTTXYX[WPMNSWST`cdd`ZW\YSKPX]WY]_]`]Z^ZUSRWVNKPKKOQUVXVPU^ZV^XVT]_[`_\[TY]]ZV^[\^a]RWOEJVVDIY``a__^[RQVSSUUV^`XW\^ZXXZSNKSYaab]VZTSXSV[XPPQQXUd}ƒ…vnrqpkb]LALYZMFKPUXYVYZUQRG=IQNFJLSSMNOUYUQOQVUSZ_]W\\UONOSWTOJLSRRMUZTKGOOTTRPSTUUUVXUQTUPIIEHLQSTPTXVWYYXPNUYWJHMVVSOMPUVPOSSNOSVWWXWVWSIGR^dd][\WRTVYVPNSVXYX\\ZY[\TNMIFHQ[ZQMWXMLVXTPKVZVJKEDKWXXXVXWSR^]UPKKW_f^YWRRNHKQQORMSYZVQKIY\UMHNZWUXZXCPSJS_^X[]YVQOPY[SRW\bade^[Z^XUUSRS[ab_Z\YOMPOQW_bY[\TWXTVURV_a`^XLHLPOMKINTSPPQTVWUTX[ZYVTZ]]XOU_ebXONSW_`[Y^`\PTRT^^SQVVJQUWSUVSRWVSWWYUHN[XW_c\\[ZYVPUagd^WWWTX\[[ZRV^cd]YVTRSW[TUVZVXdaYPMWafhg`RRYbc][YZ`dbWYcdhkhcdgjd\\dilmqmbZ\NDNOVb`WYetypdYTSU[\UZa_YOLJRVRNPLTYWMNPRUVYWUZ^VW]YURPPMB;ERW[ZUVOKORLDGQX[UMPSUSTQRTLIKQPQZYVTZYTOKGPWXVRQOPVVSV^bd]\X[VWTNLHKS[XYYRQY[XWWNRTNLIKQQX`e_a][Z]`Zl{[XZTZellkf`]VQTTY\\T[ZXTUZXMJSQSYWXUSZnuhYUWORVRYcgb^]UNPY]a\Z\cnoh\V[d^[]WKapzzq`UY\]UKLR]hmmdWNU\^dgkomib`b_u€†hSTQMPSSOT[_cb^___[VZab][[YZURQV[^TBORZZWXZXUUXSPONUSSXY^UOTUTST[ZTWVPVUTVOKJPQPRTUNNUWVY[YUOONTTLKJNQSRRVPPSWSTVVUXSPPPWZYOGQRWWSPOSWXUYWWW[^_^`YYVWSOW]XUWabba_]^ZSRPWWW[[[QQQPUWV[^a^Ua]UY`_\a`]\[[YUbZYYV]\]XRJFV_[NMX```^a`[PHIRVTPSYZWRUVORXZV]]\ZbhcZVQSTPNORQLMW[[Zdpv}zqjopkf_UTY\YPTYYRV^]Y\`ac^QFKC>CGQUWVWUOKGEOVYWXXTOSUTROIJSSTVUQLPMKRUNLTYVSLRUUUUX^a]ZYPIHRLDIRSLLSZ]XYZXOPPNVRQRNOVXRLQQMIRXSSYVZ\TOOMLSSUYXVUZ_[VRVZXQVSPWUTTVZ\^XNNJDHKMV]]USTPPRTUROWc^VOOOTRY^[UOQNS[^SNONSSUY_`ZXSRJORUWUJIONRU^hkbRIKPTBZZL@GFAQY[]a\NKOMEQVWST[^\eh_UNWZYOQ]df^][^\UJQROSQSUVZYUUSMQWPNS^_ZXUJCKWVQKMPJIOQMLSZVZ__VRRTTNJVacaZSLKLOSWZ`^ZURSSW_bVMQWWVWVTRRPW[ZVUY][NQab[[]^df_\]aihha^VWWSWW\a^LM\a\XTNFJUWVWZ^]`]cc`[PZdd_ehba\`^Y]\^`^VU[aeinqkghjfa^_cforlhfaZKOTS\YWSZgsmeZYW\`\URZ[XTXW][QNPI@KJ?:IQONOTXYZXX[[VROSTSLJMPSUY[WKJPQMJSYZQLRPGJRVORQKKPPTVXV\b_YSYWMRUSPSRX][YVLNY]^\RPLJJKPQMGP[[[SVZUTUTSULCFILMT\^^YZW^]YXYc\f_]WQV\dgb`VWVRLRRXZ\ZSX\[QOUWXOD@NXRYipg^YURPUTNP[^^\YPLPOUXSTgrrg\WaebZWW`nxwtk_VV\][UPPS`a^WPOSTYZaggefaZW^^fll^TRQLMRVX`^XXWRYaebXV]^\`adb_WVY[]XIMSWXSJRSQOOTXZWVUWYX[[MIKQWURQW[[X\]UUOKLHHILMNOQQRT[_^VPRPV[TIMRTMORMCCHQQQQOS^[QFOVWWTRQUac^[X\[YTIOUUW[[ZWVQONY^YTLITT[bdWQXY\\USRXVZ`_YVTX_VZ^^[RSKNY^XSRTTPPSMTX^_UTRNPWWTXUWVSV]_^TWXVTVRLPRNMLIROENSTZc_WX\WQU\[WXOJKHLTZZWWUY\^Z^ixyl^rzve]TSVURLWZXVXWTMO[dmoeYMIIIPWYTQUZUSMJNQSV\ZYTMKQSNHMWXVSRMKRPJMRRNPWZRB?ILJLPZ__ZTKDHVXLEJQPMPPUUSX[[ZXPJXYVSSW\YYWNDGRY[XTPW\QIIAENVWSPOT\`[Y^acZ\\WVVUTTSX\WPHIHJKOQTXZVTTMGIKNNHR[ZTSOMJEKXYVQPSWVVYTMSTRVV[\UWXSR[_\YVOJIAGXdid[PPQSQVSUNIQRNWRIV\XQJNSNTY[YQVUXdhh^XZdb^Q]ij^UVUZSRQMQ\^WQUZ[ZVKSVVVSMOTSZXSOT]^WPNRNIMRNMSYSMQTNOQVYTT^`^XUWPLPTT\a]RQSTSVRVWXUQSTUTSPMOOPVVUTT[]TK[_YSX`caZY^gmma]ZV[YSTX\c`PKUZYY_WSUVZY]ZW\`abcaXTW^`_eikjf`\QNZZ[[\]\]^_cgicbcchb_V_imnlga^XZ\YVVY][owwk^\ZZ_\YVcfYYUY_`VMKEEQYWKHJB>GLJLYWRNSWZ]\[[QEU\\\iyz|…’†oa\VWOW\ZZ\^]]WSPNXdfc\SIM_geXOU_d]XVLBISOINY]VHELMKHLPUNLHFIQRMQTPSUW\ZWSXXLIU[\VOLHQSTTWXTQWYUUSUVLMWYSPRNKOVRKPSSVZSTYTLNKJMT[XSJMSRQRYSQTWXX[TZ``^[TPPQW[\`d\SSOJLUVKITX[XPIJLMNSVWVWY[ZQQTUXUYWMNQOTYVUTONOFGQPPFO\\XTXXR[d_YPILV`b]YRS\V\]^bhd[PLRZNILJQVUKQWXPU]_`ec[OX`c`[TQRIHUWVXZRMGPXVMIKOSWYX\[XY[VW^`^aYOWSTZXMAKQNJUZVNMZ\QRYYVX]^[SGFKROSW[]\ZZYZ`aXRKJVVYXVURTZWYWQQPFFT\VU^\SLLSY^[WPLWXXRRKCFMOT\UOQ[cd]V^effcciljd_TTXZ\dcXQ\cfbWZ]``^VX]ccZYWUUSWbgg_[SQW`hlmje__a[T[`^Vajsrifb[[\[Y^_SJUQSQMTYWQNV[\WUUXQMJNKKY\QOLUUPTUMORIPSVSOMU[`]VOMKDGLLHKTUIJW[UQX\ZSQLJTX[de\OOPPORVVUSPPU[WX^\SN[]VROR[\U[_[TV[ZVVUTVVOGHOPR^ccXGER_cb[^_hgVJZRgt{zumVPXYRIRWYVSX]YSUZZ^Y[\Z[]\RQerysgTSWYXIPRNX_UJWZ[\dorokbY]b_[_^[bga[\XZ[^TROPSTTRTPMRTPMJQPNQTTRUYZVXX\ee_YUUPLOPOMPRSVTUUZ__X\__]PT`c^^RLVUNNVXTVUOMNY\WPRY^XOQY\``\YVVRJM\bbd]QHPVYXVNPVQNRX[WRWOLTTPOQQS_fbWKQVWQS^__]\c`XPSV[UTWWNHMEDIPUOQRHGLKT^`]ZWOKNW`]]VZ\SRTSSTV^YUZ]VOJMGNXTORO=FRV\YTWXM>QSXXUMKLSWVZSJVYY[b_RHLIMQLFENMOY[YYXQHFEEILSTSKNRXTPFBHRSQ[YLCFNSTPSXWNN\^cmx|zy‡–‹kT]XWY]XW^ZZ\ZVXTRXY\TQHIdnlbUIRUPRXUFMXRDGRVROPMONLIHIDBCFLRUU\\RSW^ca]ZVVMBKV[XUTWSQUWRQRQW\\UQLSQLRSIJNMNNX^]TOVWSSUZWUSNMRW^`WRV^\TRTRSWVNMTTSY[\[UVVSV\agmfVTPEQZWJITWTSNMRNLLQVZXYZYVRLSUWPMTWWZTSYVUSTPVKKUZXIIT[XXW\XZ\^ZVROSWXSPOPRUSZ]Y\_d^VJKRXPRDKUUWY_a[Y^bf]QNQS\bc_XVYQLOSWRPMJGJSZUSLQUXX_^[Y\]TU[WZ_YMILOW\XOLQSRTYSQS]_YXYVU\]\XRIKPQQXYYXZZ][WVVUVMFPV\^YUWWWTLRONQPYbecZY]b_XNUWZTJQXVUVZYTNQOT]VH;HNRPYca_\[aini_]XWXSRV[VZ]gkh^[Z^`]YY]`]US[b_Y\^\RTSSZ`figdcZX[Z[Z\^WW[jvwricVSSUWOMQWORNQZ_XSRUXTSW[SLKJLOJT]ZTX^ZRXYSNOMRVXWPQRXY[WTKG@FMQNO\a]OPSMLQWYVUKEPNLbd]VNNMOOQQNPIFWXWY^XQANSOS[VY]VU[\WRTUX\ZVWUTTPIJR`gf^TPMV^aa^XVQNY\[gqsz~{m]XWSPRUSSQPSULJTVYZY[T[]UTL\r~p_VV[ZVZZX]_ZNPWU[ertrle^fgfa`fa]Y_d`[\[WSJQQPMLOOPQUQLJUZ]VTXLPJMWVRVaif_UU]`[NOFMTV[XVTYdhd][^VQWafgaTKKOGENVTPQQMNQY\WVRKQSNTVSOOPRZ^ZOMTXRUYOSTYZ[TLGOOLUUZXSVTQUVSPNUY\gf_SORQST^b[ZZ]_VTRPPVWWTRWTHGOPRU[b_OQS\`]TQNNMNV[^Y^b\OPTROORVYTX]YTRSWWVSKUURQVWSUPNRLGQQLJGGDCMRVXXHM[ZXX[UQMLLOONHHDU]_\ZWPKHELQQ[]SECLVVVQRT]Z]_`WWXWSPOOTSQOO\hohirx}•¨¬¦ŠV[`ZWTVacVMQTRXYYSLTSURK_jmldPLTPX^^QTWVNOPLIMPQUUOCJRRE?DPSUXXWQRV_b`YTXZVKBLRTRWVROU[\XYXZ_[VROTQLLQSQNUTNOTXSUTRKDLQKMMMHLQVYWZ_]XSPSRVYVGCDGDKOLGKPSRVWR[a^SVRJNSWUVSPPPDIUODISRSXYWRRORVTL6IUYYRRUWYSUSRVNFHOSPSYVVTWYVMPZ_`]ZYTKDQQSSUMXRS]`YUTOGJINNBDIHITT`_ZanngSUTGENSPRVVTOSVXWPRWWXX\\TNOPJMT]\]\\SUVWTPNLLRUU[_\UTVWUMUXSSQPVYUX_aZVNIPPNT_^XPRPQUPMRWXPMSXY]ab_XZRCCGS^abec]WSYc\TUTZ[\XZZWZX\^\[XWTUOKGIORUX`][\WT]`YQTRP\`UTUUY_joqgZOU\YTXYVVWV_aa^[\YX\TU[afcb`_baZU]eid]X^osumea_XTTWSV_baVYbd_WUTSQOPRTOINIMVTT[YTZ^[UUTLDOVXWX\\VPOV\^\TLGCEFDFT^^SQSRKILNRUQOTRNS]][]VVUPVZZWNTWPPVTNE?BNNT[XSUVTLWXYVTU[\[\^\VJDIQ`ing_\QPSYYWLT]dmumaeffp~{mb[XYSSTVURPZTNPOTYYZWXRLMPOdsuiXXVWUSUUZ_``ZRZWX_lvsl^\gomgdee]W\a_^_ZWZZTRPSSSPIQUTROR[[XUULCPTYVSJR__Z[dmoni`TKTWUONS]jmfUQRKWdgb[WQS\\WOLLNXTPJIOSUWURJ?DJLJJOWUU]efYOQPLOYXSTX_^UHIJORSV]][[YYYZZWPSVT\a^[WKMQOVTHSRT`a\UPUXVGIMVUSKLWZXZ_]VTUWW[PLQQNUMTTUUXRPY[SXWQLPT\_[XRW^]XUNVWOKROJJNSUNSXVOPNIBFIFXa_QX_WRWXTNRW\YSOLBFTWSTNPVXTUXSYZXYWQPQNNSXYWXVMOV`b[POKIFFMPYfd[Weor‡£®§›sc^VTV\iiaSIIEBJPTQRROPRX`dgfUPRSW]ZTUZSQRRTWRTRXXXTVWUQFIRXVUPKTVQS`\UV\[WQGHRPHLRSRRXY\`aaabXSSZYTRLLQXZRHIPTUUSHJJAGFNPTURP[_`b[VOEJQMOTVX\\ZXZ[VSZWZYWMCELUUPUWPFMRRY_ZX\YMGHIMFMYXORXXO=FV^\ZZPQTVVJOQV\\WW[SFBKSXUMGNQMRURIGQXWUUYY\ZYQX^_^TMVXTTTRQVX\U[eg`[W[[TQSVX\[\abdacjlhgbW_b^\gopd\]VVnvre_bba^SQVZUY\\^ZebVYZXUWRRXXUPUUPRUUVXYQRWVRNONMRWWWZTLHPPTXXYZTPTNQRSTMOOJKQPRSWSRZ]ZXZ[X^\YWSPIHFTY]\TMNPVX[UTW\WUSRQT_^WX[`]PHSXVRW\hsxxp\QMKRTNLNMPW^a`\NLPJRT]mvnge]TOWYUPMNMMNKAJUPQZZTZ]WNObopd`deaa\SGKT]^`YVXYZjvwhWUTXUR\[QYdeb]UOBVYSRVY\WRPPNZXSMKV[XKAFRSPLLMORUZVYX^\_ef^VRMGGGRX`hfa\`_[VQUXUXWXROLOQMMNMLMOSRZ[YRMSUWXXXXUSNKJMORUXVQUX[ZWV\YKFQYWPQQNTYZYUNPUROPW^[WOHRTRHHPTPOSZ^XXXQRW]YWQVZZXWQQ__]XWUUZ\cb[KKPKEEPOORQWcb\WW[\UVWPIHQWXUSNPTTOJPQPKSZYT[]SJDKVZ[`]OQPJLSSXZTOURURZ[ZZ]adhcVJNZWJGMTZ\RQUSVTLKUYWTTVNOYYUQMR\[TQUY]ZX]Y`p{’¥©ŸŒgQY]QL]`b_YUPJGEAFHKT[[[]_[ZSRSTVWU\fc[S?KY[ZQLPSS\ULPPRMLLLKQTUZYQLCCQUOJHDJOMKPUZ]WX[ZUTUOPMJGKOMQMLTY]\ZQJHMTOCHMMLIPRZZXTUVRTOLJJLMOTORW[^[RW^\VVZTWZY[]\VROMORTRWYXRURQNRUKJPWWTPQPOPRTYTIIEKKLOU]baYM>OXROORWXRPOTTQUW]__YYW^YYY][OQZXKQ[YRKHRTKG[_[XMLZSKMSYcedb\SPLKSTMIPX\YUROSSNLMYab\VSRPQTU\VG@MRPRTWRORT^_XSQPPKHNSMRUUZXVYXWZ^`^\VIFOUYVTSI@OY[[XVXba_\[SQIS]\SW[[SHEPUWSRTMRWYRFGGTZTPSMGKSTVXVPY\WHIGIJMSZ\[VWacXGVaa[TPRQHMZ]WOJLOX`_]\[YXROVYWT\]_XTZadccd`]^`_dc`becheaourkd\]a_SOWYSZ`^ccaYVQLPQMPXWTMHLKPQYZ][UNKLLHDMJNXXXTSOLLJLSW_aWVYULMUVSUXTHDMSWTVW[[SPUWXY[YZTJHGJOSSUTQNNV]_ZWXUWUSWXUTUUZ[\XQOOSVQPU]nzvlXQRHKQSRRQKPX]`[MQZZ^\]bbefimhPMTXSTXTWZYSMV_[UOQLX^_ZK\owribb`db]RQOTXZVUVTWalnnngTRPUY\[[XUTY\WOPSI@HW`e^[WUZ[XSPPRPGCKPPKEIFGGKQUW^c^agg\SVUIORPQX\]XY]^WPJOPSYYULLLLLAEMQOKHHKTTLQVRPTZ[[[XURPMOOLMUYTQVYYYSPSXV[[ZXVSNQQVY\WNOIJOPRXYVQORWRKJRLNX_ZMKUY[ad`[RS[WQORSY\XOPZ]`_^`ZVW^XIKRPNNRY_^VSUYZ[SJKKIIQKNPIKHHKR[\RS[b`ZWRPQPTSRLPWXQHOPQVY[OR\^[XQRR\gnl]LHNOQOMPYWSUWTUXOLPUTKQPQTXYYWSOMWXSWa^UXaeimw„›¢¢–ˆebe[LNX\^^XXWVQLEEJTVZirm_U[ZXRXQKT]gnk\ENYXWSNOW^YPQNNKIOQEECS_aXLIOVXPPNMRTVRRUY]VRVUUTRLQTLPOU]ZVKJOTYSLTZY^YQLMNHLJGKSTVWZWQPOJFEENMHNZ\^^VPTXTSYY_^RNQUVQJDBMPNVXRSWYXTPKNQVRTIQZZWMCLVUQNOOPOUZ^b_YTNRXPORY\YVTSLLT\\V[[VHS]aXTYY\^_WLHP^[TLP\YROVXXXMGNOIFP[_cee]TSOORPIKNX\WORTVTXQLTWPCHW\ULPNORRT[`_ZQNJHOSXZRTRNIACPSMGDMPRS[]WSZ`b`\RNW[TXTSJJU^ba\WW^]Z]UNLOT\WPOWVKCLPOUVXWVY\]XOGNV\ZPMIHEQRTVUSTWWKHPUVQU^df]X[a[NX`]UNKRVWX\^WIMY^[ZYWZ]_WNKQ[UQW[\[VYgf[_aVRTXZ\ZU_emrljpsnkbMQY[ZVSTPP\agdfYTIDDJOPTZ^ULIKJLQPY]XPMFHKKBGOPSUUUUUVTLIPXY[WWZYWRPRS[^[QMPSRRS\]WF=NRNORLKIB=AOVOJIMBFNR]\ZYZ[YVXaaXPLU\\SMTYVTUWZZ_mxvpj]SA;HHMNTYYZ]bbYZbeheUVVbq{xeMPROHJJW[[XTRY\WTQQTYZVSWfswqeeeeb[TIMOW\]VSV[abeszuk`OOOR[[RPRXUU\_\WPOZad`YVQTTSVSQTVXVSRNRIHMONIOUUWZ\acd_UZVOR]XQU[``][YUOIONRT^_[XVWPEKNIGNNTWTSRYXRUaa[XTRHMROOQUY\_WQPQPSTRORZ[VXWVTOSPMSTQPPRMLWZYXTRQOOQPXWNIW\YPLQU\^\[WOEPQPQRVZWLFN[^^[VOPK]aYKELRNGISY[RR\__]XMSRNKJGMWVXTNMUUTNOUXZ[]YTSUTUUPOVV[WIKJPY`^NT`[^`_SKT\TNEJGITUPWWUUVXTUTP>HPSSURQTRTUVVOGHIPW[ZTW]cbclxƒŽ––‡qddWNQV\[Z\XXWXUNGMX[aqzt\SZTUWUMORZiwwhPNT\\VOHSYVWRRPMRUUTSNMVZVOTUYZWRPPTUY[XWTROJQUSWXVXVRRPRZ]USRNHOD>NURT^c_VNIJLNORNPTWROPOLHSXUF?QWXY]XIQUUPOS[]VOURTVWOEFKFJMFSYWYYSVVXSRQOQ`^WMHTUVWXX^`ZSQSXRUVLJQSQQUVTRRPLJUZZV\]VLQYVQIGOVYXSUTMU\YUQYSHLSUQWRKLOTOW]\TX^_b\Z[YSPRSUSTXZUVYYRNV[ZUW`d^SJOSRRUX[VWSONRQSURUUMFBE?GLKGQVUPTbd`URRX\\VTYZRPWRKMNUW[Y[YUV[ZWMRVXWRNU]^XGNXTUSVZYUT\_\Z[[WXVWTMHLPMNPKPYXRRSZUMN_kjf]YSXPR\[UNNMSWZ[ZWWU[]YUX]]^^XLGLVTTPKQUMWbfacbXNUZZX\`_eorlhllf`TLPUYZWYYV^ebad`\VQLFKRQNY]WJHIIRROR[WPTYURQGEMRUWTWX[WSQPMSVSWWXYXZRRV[^XRPPLNKRX\USUTTRRQQTOJI>BKMRSUWXUMIQQUYVTVTVRQTOHES[\][RJURTXVQRTWVQOT[ZSOONSRX\\VP\klbULNQSZYTQOPGHMYXSKLMNOSYVXXWUSPIFGTVNINNX[TUZZ^kvoe_]WSVVVSIQYROTZ`fbRRNDegXYW[TPWWYXQMMW\YXZTRGKTXTWVQUUPWWTIJT\\TQ]bdbd`VUUKObhbWPQSTVSUTPLGMRQJOTWQNOGGJPQOTYVSRRSYVPURNNOMJTTQNHLQTamx}viXW^_]VMNNRJPTOCEPLIQRVWSQSSQVTVPMRQSQSWLOXYOIJJIOSVTOSQNPJOUTPOW\YTNDN]ZSPQVVOJUZUHOYWVVYWPT[[YWTPUQKGKRVYRWWTOPPTSQOPQRMMMS][[\XTVY[]WI=ISQQQUYX[[\\]Z\aa`[WTSOLDKVUV\\`cb^RPW^ZRSY[WQNLMOQPVXRMQYZWXWTZZ^]a^OJT]XGDVZ^^SHKQUSMHJIDDQQTUPU[b]TS[[][TMSZWSVVPRUWTHN]xžŸq^\VVQHUa]OVaaVGKOQ]r}wmYX]\[SXSQTVWRKOVTYZTOPRQRY]_[VURMJOUTPWVDM[XSRTSWZNBIQPQQOJINRPONUSJMJEKRMJKGUXTLDGHPV^_\[XZZ]_XSMLIQVV[XRNGOUXYWUVRNIMJLPKHTSFLNMNRWTX\^TSXVQZZVVONVUWXRNJFIMWOEBLRZXRORNHDFIEIRUPQTUZbb\URUZWVSSSRQNMOU[[^`^QMLMT]\ZVKX^?FVYYWW`hmk^QLKKSVQUXWWTRW\YONSQJIW]YQRVZ\^YWZ]XLHHOWOKNWVQNMQVXVSYZQX_^YXWTVZ_^YSXZZVUXVSZXTPHDKPNQYO?V\XZYXVSUSZefebbZU[_[XY]^\^XROKTINQQNJKKZ[WVUTUQKMIGHQ\baZ[\YVOQIESZNGSTOTTRRX__ZSZ_\VT[^`[YZWRU_gfbdc]Z^]_aegcY^efYZhfadc^XVZgrsnf_UM[^[][_`\YY[]W\ee]FDIPOPNMHJUXX`fidYIBJMMQOLNOTTSTNLHEFP_`^ZVWUYZULEKSWSTURNMIEKMNVXWNSagba[PSOTXQRQQPQMR\]ZWTNHTXWTQKOROLQUTMIEMXXUQOX]\_ei`ZUX\[Y[[XQTVS[a_^^X_aXMXVNUUOQX]YOOQU[\XUUUKIQXXWKJX]XW[XRKOX^`[TY`_`fbZQOOZdf`XSMMPPTWTNPSTSPNRZ]]ZROTQMMNVZUROPPQKGLMIKPQMMPQOPNUU^hqz~xj^^fjlgb\XQTUKHMRPMMORWVONILTZ_`UW\QLRWXYXRQSSJCJOLLTVMMUQSUUVRW\ZVJERVVPLPV[YSQZYTQW_]VUUSW\ZUUXZXQIOWUWQUYVPQSURWYPOWROJJRYXU[]YVXZUTFIRYWRU\c`YVOSTZ\]^\[ZYXVVVYSNLKO[eg`YRPVXUZ\_UMTQNMKRZVKU[YX[ZZ\V]^\XVWFCX\ZQFOSXWURS\_ZUOSSLISXVQKTVSNMSUPJMKNUWVTXYRXYUVLLPu—¦¦˜„pg_ZSUX\_\]jssgWMJQ_p}zhYYYYSSWQV[\XOHHQ[]SMOUXOPWZVWWQNQUXZTXWKO\]XWXY[XRORUXUWXQJMLNQQNQNPRJBMNQRNIRMRQSGFUZ[]ZYWUW[VTVUPRXXRROGDHNPQYWPQLEJFPSSWZXIGMNMNSWW[URS[YQW[WSNOSUWYYVQQURWWLKSWVSSTTPLFJKGLKLLY`XY[]YONSTKKRUVWKENUSTTVYWQSRPOW__UGU`^^SZ\[^da_^[ZPOPUNGKMQOPXUNJLX[SRLIOXYW[YZWSQSQMOLMGKSZZYSMMUZ[XWYZWXYTPRVUTZ_b^UQXZZYZXW^[Y[SHMQU\^XY^_]YYXRJNT[`aXOQSVYZRMUXY[Y]]WKOPQQIBINQOTUUSZ]ZTQRTONV_]ZTTXUQRPQZZWWZVSTTIPX\^US[ZUTOR[[^_]VPX`aac__a^]`bggdea`gf[Vdfmomg]_fgjeZU[ZVTYYYackhd^\\XX_ed\EMNJEEJONSXXY`dc[OEKONONMOPOPSRNKKFEQY`]\\TTRWZTKJPSUVWPUWRILNEMUTSHJT]cc\TTVQSVRKSXSJOUTTSTLHRYXZYXVPOUZZZQKU]YTTYadfgiobMN\`[UW_]TNSSY^[YXUU^ZMAZX[XQLT\`URVTX[\ULLNWY\YYQLW\USTOQYSW^a[UNUY^^_[RSQSVW]]][[WUSSWSQVUSNT[]\ZXTVWPEMQXYRRWXTH@ELMLGJLHCCMWYXTSZddnywjiglqurfZXVUJLVXTMQNFSVTPQRX^bcZQUXUUX^[QHPVTPEGOSVVPKNOKPQKMRSUJGLMUPPSWYZ][WQJRW^cd]LPUUQSNKIRYYKHOQPRRS\XLPVYSX\VUXTNIJNSXWS[YNPPRWPJRXSOMS]^WSONOX]XUUQSSRNKU]XJIPSZ^[XZ]VVVXZ^caTKVXTQQNJOY[XX\TNVOY`[XPLQLJQVUOJLHJMIMUVSKP[[URUUVSJNPLFKUVNJIHJPROV]\YQSRRNSY`~“—‘†|n_\\`jkfcY^ekaTRRJ@\mzyn_ZZWTRSMU[YUOROTZZSFGNPLMUWSYXN@HRUTTWVUY\_\VY[VNQW`cdaZXNPQOHEBIVTHSXNFGNPLOVUUWZTMSQNLJGOLPOLUTPQUXXTOUXOJIACPOQTRSVZYY_a_UTRQPLHTXTSRKOZ]YXVSNLBDKORUWTUUKNQPPYXZ\^_ZRKLOXWME?CLUVZ\YXWKJQUKHYcaYNRZWSSSNLRWSQVZZZVKMWOefa__`a^`ab``ZTOJHLSSRNQMJOPTZYYUJN][X^b[UNQOJJTWR@ETZVPKIUa]\[UVVZXQLJRZZTY\\YVSYZW[UQU]\VYWQRV\ac`_\Z\UOUVSMPTWQNKNQSY\YVXUGEMSZVJPU[TOQQRYVOPSRTZXW\]ZWLPRW[TNX[X\[VY^_^]SRTQOUUNIRW``]^]YX\_]YWRX_WP^daa__^egeegigllaX]dgnojcdnrqoaTV\WTRPT\fgmhfhb[Xaff_]QUQH>LLHLW\RMTY[TUPMNKJOOKNPQNPHGJNUWWYW[XYYZYSQRRRWWSINWYXXSIFNSRRHELXYQRRRY\^XSUYRLQRPSRTJISTRQQVYQQNNROKLU\XRW\boqiih`R[`\UTV^c]SKRYYLIPWVYXMDIXWTQPTWWJW^XY]WPNRTSXYYTSTTSLRXVW\XUZ_WNKTY[WMX^_`]\[_dd_XTKKQPTPQQFCLRXVVYTRRRKLSUPJRWVKEDELNNJNMKKFEOQTKHZhi`owtmnjglt{wmcVLHLPQKJSRGNXLQ\b`YX\WRS[][TTRONOJIOVZ^`XMORSKJNNLT[YVNJRXWUOOSTTSQTURMU`feZOSVSQWTQPWVSRRWSKNVZ\VIMYVLHOQWWRNIJIQVU\_[UMJOYUNNMMRWUWY^_]XUQJLLGEIPSSOW\XVXa`\ZUV\ZTNOPQWcaZPOTUUOAITZ]]\WUFJNLWXZRO[VINRMIELLIKHMYZURUXTVWXSTRLIMTTYa\WLMOT]XJTbgcSMOKGN\XYnwz}}wi^\[dihdVOWWX]cbVIHSdppe_ZUQURTUXRLPNQWZ[XNGJOTOQSUWZTIIRUB@SXUWZ[[UY[XPOS^dgaSNLLOLBARXQLKVYXUOHIJNY[VVUQOSTMDAFGHHLRYXMMTPIKW]XM@KEKTQUURRX[]_^_]WW[QJIKYYSNNRLT\][YV\\OIKOQOOTXVMORSRWWWWXZ\TNJQUZ[VOOXXRURV[]QCKQTYbc^WUQWXUXXXRPPUTY^]\VUSVSST^\Z_]SMY\a^fcXTTPOWUKTVSUSHOPSY\_][ZYZ]]VQKPOKQXUIHTPOQUX^a`_\\W[[XYXSUZ^TQTOPOSTTYYTPVXUY\]]YSY\[[YXWXSNQVSOOYWKGRTPSY][[[WNQWZXYXWX\XRQKPY`\MW^XSTWZZXUSSRTZXQWZ_b`YXY\VXUIIMWZXPO\___[X^Y\_`^WUXZ_WP[_`\TQ\a_Y\`bhge^`cceaed^`gkwwp]V[WMRRZ]YSWVbkkffjmjibWXWLQUTLOVXUHOUSSYWQPIKPRQRPORUMEIQWTPNPSRTWa_a^\XTWWOMSTZ[WPNOPNPRPOV[Y]`[PTX\ZTRSMNPQQXVOMPSQLGBMRSQLLSMQNSWWRNPiz}tji]KUZULFHS``TITTNQWVWYRPRW][VTXTZ[`RSXYZ[TLT\UXTNPPRUUKHQUSTVSMU\XTUUTVSHMXafd_WW]a]TQNWZUIPTWUSOW_`[XPLR\ZTQTPNNRLAKKOTVSPMEBHHTVQMJMRei[U[Xbiifcmtvqkc[NORRXUUQJSWOU]b\UWYSa_TZYTKEIMOPGNZ[[\VMOVVXWMLNPRSWURRXZQNHLJHMNMKKKVW\YTX]^WW][RMUXQMQURKKSWUIEVXPTXOKMNKSWSPPUY]ZWSQKLYWQMKJWYTOT\\TQXUKCAAFQYYXWYYYVU_\UQQT][ULGLOT[VNKGGMPQPOQRWZ^^VRTTU[XSOUUSYZN@ENSQQTXYWSQSRNTUILPPJRUZ]_b^VUIOX^[Q[imjaRKMQVP[[^bls{rcVZ[[`__RNT`opeXIHI_muo^]_^XNPWPKJQQKNMMPNIMTWVYWVTQQPPMRSPRQKLPWWUSUXUPJQZa]ULGGMQKJUWLFQUMOWVLOVYX\WOPINVVOKSRHHINTUY\OOMHKPYZMOTUW^^[XNQ\\WVTOVUVVUUXWVVOQMNLTWXXSU][XWVTUNBLNGHVWWPLLSQRNPMQXXUV[\YUZSGDMRWXSSZ^^cd^SNNQ\^YIT\WWURNU]`a^[\_^UOIYRXMJHKV]bfie[Z\][XLRTPQLIOW[\_`^^_ZUPTPGFKPLSYXUTQOQW\\^^[[`a_\YVRSNVZYSSWTUZXRMU]^URRQ\]YZTILUVVVSQQRRSUQRX\`YSQJMTYYY[\ZOPTWYXSVWZ\XTPQR[ZNS[ZORZ[]YUUTUV]\W[Z`e`[YZYY^]TPV[c\QR_hf]UW^]XW[][ZZ^b]XXYUWSRYWTVb_^dd_[cicdjljfgeijoig[XXJLW\c^UW[bha`fmnf`XS[YRSOJCGQSTSTVXVOIPTVWUSPGLMKQVOJRSSRVPPPW]^VOPV][UNPXYMESWPMRXYSTZa_^^VRROY]]ZYVNBN]`a\[UPKS\XTYUTXWgaXTNIIV[]VVat‚u`IPTUSSQIRZbbWOSYbd^V^\WW]a`]ZSMSW[YMILNMMPOJKLKJIMIMMPMLWXTOQSQPMIIMTTVVWUPW^ZMHQWUS[]ZSQSLMLLNPQ\a``^ZZc^HLVWXZVRUTRSLLNMRXZ[UNMPKKINPPT[USOLKJQTSSW\TVVXY[a]URPWTKJNVWYX][WQJFMOUUQIU\XY^YTQPQPUXYUVTLHDUVTQYZSSZ]ZRIQXUQTRSMHGIJHMWYSPM@MW]]^][[\WPJLRQVXVaonh`VVXXUPUUVPIOR^_^YRQSTVVOJILMVXSKMSSQNOENLRWVTTXUPDEUWYRQQUTUTRRMMPRMKPIFILMNPKBEOWXYny|xg^QNUYUQRVWSY`gdVNOIRVZ\XSYVIJENURPb‰„pSK\ouq]QPOPVYeif\NMPQGHUZWPQSWURNLOTSVTZ]^XRNSSNOQNLT[\YRQSTOMT[\WY]aXRNOQRTSMPWUOWYVZ^`YUTKCKRUXWWQMRUOP\_[RQTY[ZUSSNPR\\TMEKVSK?OSSQY^\`^[YVTOP[b`WTWUWXXUENZVPTXVPUVVVWVNORONKRVSZ]WQPSVOADSXRHKQMKGOZWRT[RHV__[VDFOY]UMOYSZ^[YTYVRSXYXUWTFCFMPSWSNRTQFR[]ZWTUXTUXUVTRPTUTTSMOTKKTWTFIMT`faZXTQNOQOMQTZXWY]TLQVWTTT\`b\YPMVYYQNPKS_ZOW^^]WVQMVQLW^_ZXOLLKKMKPVXRJSVWQW[\_]_b\VMU^d`U[_\W[[W\[WSMUZNMOMLW]YROEIW\XSOVYVYZWKRVWV]`_\____Y[``Z\`^`c`ZX\`a`_ebd_^^[_^abba`_lqk_Z^_daa[\b_WNSUVSMMKPQRPVXVXXWVNMIPWZ_a^YTKKMQVYYSWY^ebWHOSML]`]UPWSSXZRUUPOSUM[ea[KINSVROHER]adc^UOTX`d^Y\\WRWTLJPSRLNVZ\^ghaYX\VRY]YX]`_`XMOZ]XNCFJOSQRXTVVX[WW]^QIV_]MGPcrxyl\\TNPSQIKV_a[XTVWYORWPLKS^]^ebVTTTLIJNXUXUIHJLJKPNOTTTPR\b\QPXYURTKNRQNIIFGQSREELPPNXc_OFIJQUNLPTPPLPQSX^_XIMSVVQRQLOQIINU^_\[YSOQURQQX\[_]WRMJAJQQ_gf`PNUVUZ_[XX^\SJJKLTZXZTTURMMTWXJUb^Z[ZY]USQQZURKKIFFOUUZYQHOZ_]USY`XQMFEPNCDMNVU\WWTMKTZ\^_XUVWVQIJQUXR\jsri]QSVWVX\]TKHMOTRTQLTY]][LIBDNQKIMUWQQQRVU[[QNRNUSMPSWWURW[XKDFJKQVSMNUUMJKDMTRNJNUSWfw|q`UKKSQNTTXWVX_dcYIV]YVROQUWRPILWXTOmxvj]VV\db^XTV]_]^c]WOOPNOU][TPQSPRPLUZUSSWVZZXLEJRRPRSOR\^[XWTOPW[]^]X__^VPLJOWWNITXX_`][^ZXTVYOU[]^WSPJTQLOTXRPUTUSPRSQSMFLRRPTRTVSMKWXV[_`^\YUXZZY]geWRQLKTX[REIOT[]\YSWXXVPMQRICCJUROMGILMUVK@MPIISTRXZVXQNTY[URWQWWMPQX\ZQKNZok[PTPHLNYWXW]_SPQQY\VXUUQQGMTSU_]X[XONORSTWVVNOTTXZYUWYTSURKZ`_ZTMMTUXTUXNQVV\XTNSXVOQUY]ZUTPPXVUOOKKS`YS\a`^]ZUUVPLUbe`\YVSPOMHHMSQKISVSXZZ[^]XYXV\bc`]XW[`b]TKLPSOYZMLOKDLVRITRIOXWTWbd_TRUTW\[\[ZUUVXZXVW^aYTIR_c`TKPY`_Z]a`glkec^PN[b_akod[]^[YZ\_^]`]^MJMUZXONTRRQOQX[]ZRJOQXUUURURJMIVYXXXPEP]`[XXTHHW`b[VXVSZTKEOOU]bXQXUKKMLNGEPNQ[`YTXYUUQTXZSQUXTMQSNKLTULBKSXehgYSX]_aaYQU\]\W\URX]\\SLSSLMMPPFMW_\SVTPDKQG;BHQ\kplfXQLDFW[XUY\YPRLQRQTVNOLOTVXdibYURPPKUXSRRMEIKNRUOQVSNMQaid\PTXTSTQMMLKJLRNNQVRLIOMJR\WKJRW]]YSQW]\Z]TQPTRUNPORTNJMMRPLMN\fe^^ZJNVXPEBITVXUTNQWRHRYbjg[WTY`_ZQRPSWWX[[WOLSWYRSWW[XV\VKX]\Z_]Z]TTWVQQOKFNNLWZWVNHJKRUVPOX`[TNIR\]TFHTVTHJRTUTY\_`\[WWXXWRD9NQTZ\bf_VMPSWTV[ZSEGJNSQKRKKU]Z^^SNKSYXKOXVS[WORMSOFBIPQPPV]Z[XSPVVTQU\VUXUPRTZ\ZXZTVXTPURRST^qvoeUV]]XY[WXXR[glld[_]QJPRZYOSOLPX_[VXaaaced_Zafa[ZXTV__e`XTLCS]^_TQXVOWWLMXYWY[XUTOHGHNZ^ZXTRX^_^[UTY_`ZRQNMTTMMNNTYXRKV[VVYYYTUVUX[XY\bbRKOMNOOMIOTXZSTGGOYWSSLJMMX^ZOPWNFNLOW[YSOUZXXUOQY\VSOJMUVWVOOS[_`b]TPVUNKLQOTUP>CFONMIEDOVRMTSKLSUNVUMJ?JUYY^YX__b`YTXX]_RHZVypi^][NKQRTRU^`_`_\WPPX^\WNNJLPU^]W`_WY[WPMSUQFNWY\\YUW[\YXWOHT\][WZYXXX\_\[\^]YVTUUPOUX^ZXWTSRRNPPURV\^_X\]YSTTTTTOOWWaaVWXTRWRIDKMOMPRVVWUPQQRLW[Y_ca^]SMP\c_VQNRYb`YLNPE@LRU[]\RWZZWXceb]\__[YRQYUX\Z[TSUW[aaZNPZ^`[[Y]`bbgjloqhaZWZW[^dlvrikjf^X[ba]]d`\GBFMXWSQTRLRVPLPTROXXORSSOMQUXTLPTPKOMMVY^_ZWYLGOWXWRTXRRUVY]ZV[_ZRNLPRSPOG@BKRZWNNQRX_URVVTQMLLES]ZX[^ZSLPRZjpk]KPadfbRNSTSPQMMOWZWUSU]\SINRPORad_[OQXZWTFCOOSaknicXVXDFV]WSZ^d]WY^]SRSSROVZRXcjg_^]]]YZYSRUOJBEPWXS[^YYPPX[VORW]]VSOLKNPJGRUPUXXMHQ[SX[RMRSW^_YVY_b_Z^`YRRQSVOWWZQONKJMSWTW_^\^WNTTLQRSMPTRQPQLJGJX[[]\e^YU[\RJLLGNRWYYYVRRQKHJPY\TRWZYYURZ^c`YQR[XQSUPSUUS[]TCGTWPPVSQT[`[UQOW][UPLPPKHIPPU\_]Z[YY[XVWY[PIMQRSSRTQNNJNSOMTYYSMQUWQOWVUSSVZZXTSQW[PLNOUZZVUWNPMMGJOLTahd^WQKUZ[UYTSXWTOKRSUVZWHOZZ[WOKGKWhjea`^YNOUTTMLUgrql_YYXVPQOSRXYQMSURS[XRKU`ec^\_[RSPTU\dbaY^UFS^`ZWSTJKWVONPZZVW]]WQOPGCJUXXTQSUPWVSXYUTTNRVUOJEGKMOOLRUW\ZXRRSUVXXYYV[_il`UQRVZ[UNQXVVQPPRXaaUSLLUWSYUJQWUIFFJNRQLOVVSJNMJJHRWTTXXYSROQY[[\_ZRRRRQRSPQQUSOHHKPRIDPRVSJOSRSWWTQWTOTSXZ]\\`gg`bZUW^_[OLT]bkdVQTQQR]XS[innic\TCK^a_YODEJJU]ZQTYXZ_`YOFPJDPZ`db[JO\_ZSUTQWVTSMQNQURSYVXSQV\\UTSNQ^b]]YVMNMHPVWXZZZ_]]X^^VOUVVOEGJRUTSTPNQUMLVZXOKHIPUVXXSLJK]c]ZZXSZ[YZNOUX[\VX^]UMLH@BKNX_^YWZZ\VSSUW[[[Z[`[SSTTX\YUX\\[]cb_`[ZZUTTQVZ_hdblndb^TYW[agqtonrpjg^ad_Y_b`YZPQMHNPMTYZUUPHINNMTZROVWSOHQ^VUZWTQTVYWV]_WRYXWXWSPQY\YWYZ]^^\\ZYRRTRRPSONGKRVXLBMRW]a[TSQRNGINELVYX]][WTW[bpvsdYPRV][TRRLDMLNOPVYWQNWYYQRTWTQS^cfgaOQ[b_YSQS]anuriYTTOIUVRM\gjg`ace^[]]\ZZ[RN`hif`a^a[UNPTTQVSIKX\WX]\[XOUWVVUUWWSHHLOQNHCIRNT[UKS`d_Z\XOTSVY]YY\`ba\OTXSU[[STZYWUVUSOY_\XUUV[ZWXXUQUWWZ[[^^YUKIKPVYUW_a]][ZWPOTSLLTUNJKUVWVWHENV\VVZY`^SKLX\_ZVYZWKLPW]YQPRWTQX]XUSYZWYTVURRUY[XPNLQSQNRURUX\WQSURRIJLRTXZTVWSVUSRTSLNOOW[_\VLRY[UOQRPMMVY_UPKJPWWTYYTQOV[[WSXYUY\TK]deb\[WT]\YWV[eaT?IQNPYZWPSV][UKDBLU]baa`]UUX^bWPISaloodbccaXOLQ[\`\[[XRMTTIJS[YZ][SIMTW[[Z__`efaYY[_\`bXAMWOMVY_a[VVVLJRPMBAIU[XNKPSTSU[WLV]WKOUSRTRGNJENSQRTWTVVVXXWVVUT[_bg`RRUW\_^RMWVSRTTPZ^[RRPO[[WZZVTUTNMOQWRQKNUXVQTUSTQTYXSLOW\SMRZ^_ZWTWTVPTVQORNQUVYRQXWQELT[ZKKPX[]VKNSKIQWSRUWRX^aYXWXX]ZWNOTftzuhd\PU\_XOZemjib`b_XZUW[ZPKNUWZVJHPPNR]ZUVSPDNQV[]USRWYTQSVURNEHMNJKUUTWVRNOY^_ZV[afif_TTVRPLQY[TQPT\[ZXS[\VQMT]^PGQVZTOKNUVXXOQZYZZ[[WVUSPKRTZbbXOQE>TZ^]UBHWag`SPUY\SKMRTVUSPRT\\VWUTUW^\]X[`^W[Y[[^ZS[a]PQ[_bfb\ZX\[UNX]XQ\hkfa\YZ]cfggkhijc^cdhbcbagb\bfMEAJLQW^[SKIFHITWUWUMQTXWI?SUUWUORWXSQQOKEFQVUYXSRQUYW]`][X\^\UURTZ[WYWRRSRRQTKDNUSXUUTOIKNUXZ]XTRTRQRUXcjhqtnf^VNQTUWVVQKMQOLIJONIHPSTS[`]XQNRVgjXKDIWWUMPY]biv~ypVBGOV]ZSV[``bjib]^bcda\SLOV^]bb][TWTOUXUR\ecZX[URWTUUTTZ[WTVROOJFMUUSLCFLPU\[QW^b[UZ][[XTSSSUZ\ZZ[N@QVVZ[VQTTPMUYVXZ_XTQOINRROOV\]VUVWUba\TRRRVWVQONRSUXPMOMNKGHG?@KGNTQXa[SQUUW^bb^XINPPJP\ZYWSOTYZ[VUTNNMQXQLQZ]^[UW]ZTRQUWWXXSYYOFKRQJNVTVXTWWSOPMMOWUXX[ZTNRX^YJCITVYSMIJSSTQQQRPVUSZXRQNKNTXYTUQMLQRUVSRSadbY=AYaed`_XVUYST_dbWDKVRKSWUSNUWWPNI@DOTWZ_^\^^\Z[UJS\dgig_ab`XSOQTZW[^\`\QOVTMKPUY\^VJCFMURTZZ]`gfd^]XOPSROMTVTPVPVYVLJPOSWVKCCCM[^VLX]YRONQNQY[YUTRWYZ^UN>JSUURIDMRSTQQTQQPVY\[ZSLPMQUUPORPNT\^WUSHNUSLSVX[_^UKHNLQSUQPTURUVRMN[]XY\[TLR]`^PPSSVWLNSSLRLLCJWVU[`]YO[^YOIJTXQNPPUYWQTWOQWXZSRNQMMSUVQPRVWWXT_wŒ‘‚p\UG^`\PNU^^\VX\acYOPRRMQRSVSTRONNQUYTOORPNJJPWY[WQNMKSUWMFLRRQTQMWa`ZTUWXUXUYY]cba^WSU\\XXRWWTKKVWTQMJS[XNIRcaXPTYWXWUYcec_YUXYdkhe`XSOQUY[^dc[VPLIOWV\UQMR]b[PJR^c^PPZ]\YTPRPU[SRPWWUTYWXTXYWX^a`^VW\`bZSY\\XSVXU[`VQX^\U\fihbR[dcgfcabcgggcknnc]`]`[W^__JJLMM^_XSSLKNRUZXRTRSSUUPTVUWVSPQVSUSQHHLNTWTVYRLOTTU[_aZOSZXPMPLOTVURNTPOOOMACMTQSOIMRMLRPQT[WQSVY[\Zckka\a_WUWXZYVSRTSNKTYTHNQSRQK@KOQY[YTOELVa[TPMMGC@FNOWit~€vlNKOWZYRPRPS]he^TW\baa[LOQVWYTZYUSX\XVXSBQcfa]XQX]RKOKOWWJLPLMOSSUYWOLQNOJMNRQKOVQNV][WRNNQPPVVNMQPLPUVWWYWNILNL\_`ZTOPSWSLGGM?P[\XTUZ[ad`ZOLSUXVUQPNNOQJBLKGMRQOOQTMHQQU\YSU^_^a]Y\[VSVUTTWXXWQQW`^RKITVTQNNHOZ[^_]XZ\^UYZ[XSV\^_]UXURNPGFJSW[]\TWWQLPRVW]b`YRKN^[RPONRQTOMCBCBJVYW]]YX^`_[TOMTYSMTVPMNQXWTON\`\]RMW`^Z\\WUWYWSV]XNJPZWNNSUOJRWWOLFFIDEPTU]Y[`aVSVSX]]bfeb\\UPOTZ[UXcdZ[^[X\WRNKMZjoeXOLIIFLYYTVY`a[^[^ZO;ELPSOMGELVUPSRPPWUTQPBLOXYX\daVHBGRVU[^aWMQQV`_UDHTVQNQPNPQTOIOWRPWX[XX[XTRKSSRVTRUU[]\XROZYTRQUQQY`[SQRUVYYLNW[VSRQR[aaX\deaX[_\YUPMOSNES\ZROKHLMWZXZ_b]ZYXSOTKGVZVKRY\[TX]UTa]\ZMKRX[\aa`]YSVV]^ey“™ŽmN[]WV]WLOZcb\MNXfi^WUOLPUPGHTYVPIENUQQPKCJQQOTWZWTPNEIU]YPLLLNHCFLUY^^YZ\^]YRPONFHKQSUXSVEMTPHKHMQQMOPOQVPKOVWOKQNTWWVXZ_aYWY]Z[`fb\\WQLIQRNX\\YTXRNTX^^YRVSV\[XXWXYRKSV[ZX\YVQSWUORVQLWZTQRYZVXYbb[VYYW[_]\XVV\`\Z\\YYaba]`kvsfdhmiacaecgmrkfimpg]ZWU[dbZ[NLGMR[ZWX[WNNUYVPNQQPQSRQTOTTQQRYXUSWTNPRQPTY[\SPTTOQUUZUNPQWTORLNPNMKPUOLT\^PEEJSYTCEQTPV\UMQOKY`a\WY`gidYURTSPKR\__b`ZXXXYYYYUY\_\QNPPSUSXY\RV[[SL\SQVXVQNL]mruh`US[VTNOJLQNU_b\]Z\_`_]USRTXVRSWYU[ZTRXXFGY_[[WSVZSHECJMPRRMDSSRQQGFLTWUPMNNILQMLRQUWOMGDHNVUSUVRLOJGLLUXZXSNSTPQ^[VRVWVWZWSUPJITY][TSRZZ[WJ@JOV^_YIKHIMNJH@CPUVURROGENTQPNNS[]VUTPW`_VRVZZRLVXXVY\WTOGLRUXYTS``YW`]XWZSTTTVYZWX^][]_ZOTZVLGJMQWWSXWRKQT[`__[WYSS[WITWTSRMRSPVVMCINQ^b_]`__\]\WT]UQQQRZYWRTMHPY^WXYWVVRWUUUZ[^_`^USOUVPLNNOLLQYXVQMSRJKNTSRVeqqh\[WYZ[_dihbURTW[VVQQ]ZTOVXXVTXaXM[imc_YQTSQQ[^\[_gmme^^`ZOFGN[^_]VVYWSWRKJMQNPUVMEJMOX_a`ZOCJUSXae\LJQZ``[PDOMJLTZPHOUQPU\YU[[YX[\ZRIGNRTUTQUTWXPOQQSPLSXYWQZ\YTQRURPSJJMRTLMOX_^TJW_b[VSQNQUVPRSROTbcVEAHLIMPNNWZYTQTVRWSRY[QIJV^YDKUNS]ZQRPTVV]\YYX]_[UX\b[g}†‚xib^QDQWUZ`_XSJAObf`Z[WTSVTEHV_aSGNX\PNVTJHPPKNTZXZ`]SNQXXWXV[ZWXZWTMR_`XUUUSPKSREELU\[VRJR\^UKOYZWSTVUVSIPOY\VY]YTW[XPV_`\W[^XSW^NOUXVSPP[^_XRNPSQUWY\\a]XVTX\^b`]WVX^_XPOSZ`a_\[PIRVRQ[^[URUYY[]X\YYZWPU\a\XSUY\XVWVYa]\URThmicggd[TY\_beikgcjpqlbcXUW]WOS^RK>KPJ?KRQKKTYYV\XQKMMMIMOSWTILUTICOPLPRPLRTQVVORWRUWQJNMQWWUWSTOSTRSUTI?GUZQFGNRYXOILMKX^^XTX\^fgf_^`\]_`WV[[YUNN[]`]^YZXRT[\XX[_^RNHDPTTWZ\[[]YMSV]SOYYPU[W^d_^aXR[ZMJOQVWLNbfgd_^]\ZRTWV_ZSV]bb_[TMMRTMKRUSVUSTTRTLPUVTVWSMNRTTQMZ`^VWTSVTJHOY]URNMNRUNDGLOMN\XVTTWURPTTQPUWQLONNIMONQTVUXXMCPNQZXWNMQWWTYSLLU^_VTVWRONOFFSUOPPSNTWQMPPLIHGIMJLQRSVVUMNQSOKRVZWYZYUOGNQTYWVV\_WY][OOUTPQQPTWTRRVRTYPIPWVPOPNNRTZ\[VURRUY]]WQRPR[YLKQTSRPPQXZQBFLLRZ_^VUSU\ZWWZ^XWTPSY[[ZXTJKU`^YRILMMRUUUVVW\^a_UTSNPRRNHISXZYVU[_\QPXVYZaksqid\[\[]dddffc_``^WXRRYWLIGMMHHUa]VV[\YYXT]][TPSSWYcpoh[WY]ZYTR\adf_ZZZ\XRHKNPPNH>5DLI@BLVY\[TH@GKX`ZNGTWY]ZOOTRLPSLCJRUQBV[PNOZ^UU]ZQICLNVXWTSWTPIPZYQKEKKX_]\ZUVQPRHBONMTTXVSOS][TT[]XQNOHCMVWOIMQUW_`XONRRONPPKQURLHLNQRRTTPQROXXKEPROOYVNMSRSVXZXacc^\XUXX^]^nz|sgbP@QUZ``XZYYUWTQLNS\ZWW[XQPUPNLQ[\OMTUYZY\]QPXYZcdTHMLMW[ade`_`^SRX^\WSLPUQRYZYNER\ghd[V\^TMQVYWWVOOSTMOPW^_^_\WV[YQS_c\UW]ZRTWSLRLPSRUV]]]WSYYVRVZXSWYUQQT_^_\^``ddaZTPMV]_ZXXSQSVUMNSOQXWUUSTPQVVUOQRZ_WQMLOROSX^bdaWTUW`d]cfa[T]bddccbVT`ejkhfi`UURV[\]iOIIB;>GPLQTTVWVTSMLROE?KNPSSUTPRUSOLPTPOUQJLRRUVPTTOKOSNPWVTTVYZVUUSOGFDIPSKKSURPZWQNPLU\[WYWTU]cafffa\[][TRWUXRRQRUYXUUPLSWSQWZ_^TMAARTSSQPV\\[RJRVaRQOMPUPZeddfaZ]\TTV[[WU\jqke[Xdd^VSR^ghb^\aec]XPMLTSTYVQPORWTQOQT^YVOQOIFNSURQ`a\UZXTVRIHT[`VKGLQUWPLIIGHKMNV\WXUJINIERYZWOLGNNPMMMFGFNXNRVTONQPNKTVPUXRRSJTUOY_\YUTWOSZTGLJLP[^WPPPJDCGHHMRQKIMQWZUUVSOS]^VU[\YTWWRRWTSUWSSRVVQW[YOSSORYWTRTVW\VQQSUPNSRY\[[ZWXWWXUQT\_UMMSY[XUPKSXZXX\^YQTPOSPWTTSQQPFEU\^]Z\\Z]^\[VUTWVQ[^TESNSQQWY\WRGKT[\TMNJNLHMNMUUXVWYdgb^[YZVZ]dgmne]QOHJW[\`eda]a\RTST]_\VSPUOKW\[UPQNUUX]_`[RKQRPU[]`[]X\][TSRUU[ZZXUSSQOPNRQQSVRPSVUUPIKQV\UFAKRVUUUOPROORRSSPSY[VQYXZUQIQFEOVZPN[YPMLJNZ^[MCAHGMX\YTLMJHSRUUQNUVUTNJJIGNHITVNOSUSVXYVKKMSW[[\RHOTUUY[SOTXWPPUXXUXVXQMPOMUSNKQSQPOCOUSNRUMGOQOMPJMW_c`SOVXXWWZW[lwvm\H;ESZ\`ge_^^ULSWW\\XWVWQRTPJOPRSPOQO[_\\]XKQ\]ZZVRSQRQTV`]ZXWPT\_ZT\`]^ZRTZ_a\MJajpj^OTUPPYXSWSRSPUYVQQV^a`_^^Y]ZTNUZRHQZ\UNSXLGDNXWX\^`]URWYXXYWRQPTTVUTSVQV[Y\^\WVRNMPX^[QTTYWTPLSRSW[`]XVVOEHGTZYZ^_]XQQOOPSVSYad\X__^`^Z\afkidfgf_`\bhlr}|xnZV_^bdb_[YOSNB@KORU^]ZVPFHKOUWL;HQOPTYWPRYWUNKOQMMOKKNRUYWRNKKS[[XWWPPWWXWURTPECOSXWSKRWQQW_]]^^[XWVXXRQV\[\beb\[[[WTUUVONSTY[Y\YTVUTNOS[]ZTOOTWWUYYTWY\XJEV^dn\TGUZVRZXUWaaZ]YYXW\\Vbovqe[]cfeefekrod]SVad]ZZRQVZ\_[VSQX[VNPQPUQPOKJJHHORSOGMQPRWUPMFRXYRFAKNWXQKNLLTRTNLY^_ZYQHPNOSRXUMSXXSONNZYORPRNPYSPLKQPTa^RSVQIKMVWNOXU[\^WNTSLLTTRTQUTOOQNQPBBLT\YONT[^__^b^X[^[XSRS\]``\VZ^VSX^^TNPWSZVPROLZb[SORQVWRLMOONRUUZXNQSTWTSWQVUUVWSOIOUUPNLOYXT[^Y[YXVXIIRSVQQXTFH[^ZYVV\Z]]WOIMRRPV^WNS]`]XTY`fdVRE@TVNTTVUQNOXVVSSPPXY]^^]RHMTPJTbeaYOJJNQTV^d``djg^Y^^^^\ZQTYZYcjfWSPPPW[_]^ZRKRTPNQW\da[MSSQSYPKSKIVWRSLKPTWWVY^[TWXVTTOJQX^[QDELTVSRSVXWTSKJQVX\_^YXY][[QHBESZ[VWXTTXUJGVYVSOPOSSSTLHFMOKTVSSJDLRPSSSNG>ADHQVVUTOOQSSPIFLTZYYSPQTVYYZYTPVVQRUZXXX[\[VWPJOTSKHMLLBLMMQQJHKDIPRPV[XTWZcb\USRTVRUW[_iql_OALPY\^gdXV[ZTRXZ_]SQYZ[VVVSTVZYVTMNY]V[[PJOXZRDTYXVXXSTTTY[WPUTVVSS^b_VGQU]bXSLXdd``YSVTP[]WVOOSPTTUWY^ccVU_\YWUUZ[^XOVZZUQY]VTP[\TNLOWYXTXTQS^^_YXZ\ZWUSRSRMMSVWY[\XVPV[XSX\^ZTRKNVVQR[_]^\[WVVW^`\Y^\XWVSISTY[Zeg_Z[Z[X[`dkmnmf^[VUUccchv„ˆ†~pa\``cc`^UVPROKFKOOMQRPSMDEHOWZVTROSMPVVNLEKNLMNRNKOOOKFIRURRMTWXVUYZUNKSQOKKWWMFQWTNHGNUXY]`bedb[RTXZ]^Z[XUPRY``]TRRNMVWWTRKMTY\]]]YSQQTUUSQNQUTMSXYTQUYYSOHQ[]]\QWXXYZZMUZ`\__RNMTXTVeie_YV]flotrhfc]SLSWXXVWQDILRTSPKDLSPOLMLJOWWOROPNLPRQJSVRNOUVVIAMPRQHIHMXTRULLWXQNR]gfbVNPUY[YX\XWYXWQPNKVZVWYRPORQJLXX\\^XUWYSJDPVZZSOVZa`RIQXWYZYPLHKRVQMNNHBIJOY[UPXWY]WRLGR`_[UNQTWYU[]Y[^YMQ^__XWYSRSTYSGZ`ZPPPTZ`^WSSTQSWXTOMOQTYSRVUUZ_\UURMIOQNMUTTQRW]YY]QNKJT\[\TLV]\^_\OIDLWW[^UQIGMNRVUQTY^ZUPU]daUNQGRYQS\[`[YTOOUXX\[VY^a]VPQY\VFHV]^[YSTXXTdnjcesrnhione][]`a_TZhvqbVTPVVYXWZ[[\\YMNP[egf\USYUUWSKKBBJLIIQGOUVWVZ\TPUVURQSURVZZ\WOOT\\XSZ__\SJP[YZZSV[\VYY[RJQRJNPSWZVRRMDDRQMQTRQPPRSTXUVNOSTYQHIOMKOTY]WOLNTSQSTVSOLOMMNQVUMNLJNPQMU[a`[ZWVMOTTJIQRVUWVRUYWPIHOKGJNLHSXODMILMQJLTZ\ab`ge`YQTTYXYYUOY][OFS[Y\Z]fbRQY^UIHX`dd`bb_ZXWRV^a`\UQSX\YXZPTRRPFHUZVU[TTVUV[]Y[YULSWSOSUORTUQVTPKTaa^[TRRRVXXXRTUSWUPU^`]abWSddZUGGQ\\VV\WSINOWUTSPSMOLIO\cd^TNRY_`_UXZZYV\]SRQKGJS\^`]WJIJMPSSQMUZWYVWXX[]]]ZUV][YU\WSZb`dcVNXUQTX_if]TW[\TV`dkijlbXXY[gfd_my€|qdZ[Z^^a^[YKJBKNLNQKCILCAFFJPZXZYRMNNLOPRIJRUSXZVKIOQVNGKVWORUQSRRVWVKOYZWWZ\[QNU\_ZQNPV]\ZYWZ[TMP]]XYVXXVUXZ\ac^SPTQDMTTWROYYUUX]`[SSWXUWXMIKQLELUURNNW\WYWTWXV]EFTV^`ZVX`fjcNBHNRUVMW_eg]UVYSbjgTOYYXRUPNMR[]SNNIGACF@LQUZPQQNQYYWVSKLEHPQUYZSQPUZ`\SNPXYUSI@KRTQJLSUKLLT]aYRKMRYWQPQQVW\TPXVPWWUYZYNKQRSPWYKEIKW][POROLHTUQO[`d\URNPVVOLJIEGPQGFHFIEDNXYQ?>LJHTYWKOVW[_^ZXRRVZTRQVTXTMMQRP^a[RQMPNSTSPPKLU]^YVSLQPIHFQPHJNPSPFSNRSOS\^_X]VQVYTUY\]\[ROPXdd[EDKTYWRMVdhca[LHPMLJLMOTUWOKJPRRW[]]UOILMQV^a^]ZCCRZ][XY_ZRU[][ZSQVZUNSZ[VRW\]ZSVWQJNTXZ\QFMZ`[WPUWYQSUPNWTTWYcmihacckqniklfZUQUSLIEMY_ZOMQV]dc[UJMXYVSTQNJMMGEIMRVXNKSSPXXYWTQQTPKNXZ\[SOSVLLSMIWZUOKPWXSS][Z[XWYUWWX\ZTUSKLRRQX][WVXUPONQVVV[ULQcf`XVVQJGOOTUX^^WX]`WSSQNFC=CDLY]TNURRVTY]ZRPRSSYTMSST[\PS]\USRMMPSVX\\YTKSYWV\]][SOUWTPP[ekfef`TTZUJNTVUTbdiie]__\\cikb[Y]_^]dgeXXX[\VUYPQLHBGRUFGMUUQSWQQMKPPLSSMKNKJLS[YUSOWZVMLNSZ\WPRXUYXWVUTPUWMPNPVZXWKVhlpib[RPLTZUPWnvn\WQT[[]b][Z]XWUPNX]URVWXZca[]XSUZWRRUUQJP]`\WTS\UMHMX]WTV`rshZ][WY^]Tfhn_Tm„xn\SIR_jrpe]OST^bYJKONUVSQOPXTMMRWXVSQTYSLQPNOLIKJRX[^[OQTY\WSWSUWZZ\^TIV\\_[PMY_]VTWWTV]_STVTU\]XZaaVNNRORSKLRY\XWVQWZSSUQIKMOJJONJPQXZYLLOVSNLNMPNUSNLPLPZ^ZQEBLRYZ_ZK5DTVXVQRRPPSINOOPKLRXUIQVVYZUX_fdYQJNWXTQTX]de`bc_YXVSYRLQRIHRSWTRRSOOP^`Y\]WLORXWVRSTPUYXURSZ[TSX]_XOQWUPLPMSW^`[XPNSZRKIMTZTQUTTTV_c`NQVUPMMUYSTPKIKQUSRUQOQSTQHFJJQQOW]ZSWZaec[Z_^VMNSRY_hv~vnhehpn`\TYYTP[ejqfZMABORKShnfXXZ\^_ZNQZ\XRRWUXWXLJNMPSPVZWX]ZTRPRRTPRTTWVUY^[YYWWQTXXXUTWYUQS]a`]Z_daSNKOTZZVMHPWVTQTTPKGLDADKOPMQZadcYPMWXVWWPTUONRSZ^^\YXRJFGLLNNV\b_ZT[YUU\YQRUURLPZWRRWZ\TRWVQRVSPY^[PJOPMMTTKQYUQW[Y[\ZTLPRWY_a[WVST[bb_WPDNLNJ]XOFJQROIPWWULDLRRZ[Z]XUSUURPSUVLS^`^__\\]^XZa`aa`b`enj\LVkpmb\\VRTXX[\TZ[YNORJJQZhpv‚‡lTQR\b`ZTJJRRRTRMRVUXUWYSNPRRIBOUYSMMKSYTSSOOPURKLJLSYVGFNOTUUWYYUQKFNNNMJPVX[^c^TNRRSW\\[VOKSUYVVRLNX]`_ZPIU\]UINUSKKRRKBJRQSSF9FNQONQUSMLKIHOX\YVTUVJHFFMUSV]^TMLRXYQPXVVSLIFPWXVY[Z[XSRONONY[[^aks{wkZXVVRUQPSYXURQR\[SLSZUXYYURW`jj][VJOLKKPONVQLJU]YUQSURSY[TKEHX_\WTSNMMTX]]VLIMSX]YXUVOU[WJOQPRPVVTQRW]ZWOSZVPKRYZXVYYX\\WSTWYXUOPLLHPY]\SNRWW\`_]TSX`fcZ^b^a_VSXVSTQV[]]__]YZTW\[TUY[ZXZ^[^[SKRWWR`d`\baXV^^\W[`b_TSWYXSU\ekjfje`YVRQOZad`]\alojf`]b^[ZZSSZdZ`htwth[UXSYY^^TTQELSSW[YXQSW^]UHADKQQNLDB@IR_c_[YUOPXVVWO=GOOV[^`WSSRQOHFF?GW\YYZXQ[`][XVQLPSRSPY]^[Z_^ZV[^[UY_WTTRXSOUTWWTQQOPUYXSJLSSPPV[^\Z^][USVWWNPOS[\gsrkkc]XOJOTSULrmgdaagha[VVac\VWZYONVYXROPPTTUIFNTUVXWQMSRUY\WIPQMNUXVUTRROFCKQQQTOPYYYYXVONSTMVSUXTTZ\XV\[OMX[ZTJFT\[TUZVOIHP\chcZSNORZ\YWPSVSPPLFEMISQJMXZWVUPMIPXZSMJTXYRRQNLGLNMOUWNIUXZ^\TMLR[\YTVWPKGIFEHOUTLISSV`]UT\^XPMOQTPQUVUXUQTVUPQXZ[TNPW^a_]`b``dc^UTQPRWXPGNNQVPSXVX\^YSZa[JZa^PIHPVehdZ\[WR]ed]\XNOSSXXYVHLX`c]OKLQTSS\SQPVd`XV]\RKIOWWTUXWZ^[\[[YWZ[UTVOTXUZZ^ULVZYX]djimqd^VTdoofUNMKRULJHMS]]]`c`XSNQ_q‡‹yeTSY[WTLHQQOPWXWTW^ZTY_VIAKPSI8KTNMPTRPMMQRQEDHMQUQHYYMMPSRUUSVRSTPSYUKCFSYXTRU[XWWVSRWXWUPKPUSQRPGHYa`XLRURUURAK[\W]_\OHPUVTTPJFGNRRQYXUYYTJLRWTNQTTJGHJVWUPUVSRPKMYYVWV[WPJCGPOPUPGLXUIIPNNW[U[^mw|whZXSOV\ZVW^XJKNQSWTPQMHKOP[WQmqkb]TQY^NQTF@OOAEV]ZUSWXZYX[URSRZZSNSUXX[ZSPPLLLTPOTQEDHRYZSINNLRUTZYRPUZ]VSNMLDJMPSUTWXSUXTQQSXYZPIMSUX[ZZUVXQQW`bc[UTZcbXV[RPTKNUWQSRNRUV[Y[][YXYTJPUY]___\\`ZWU\_Y_`XX[\\cgc[^ehe`YUSPX[```a_]Z_d_QNP\Z\]ceZ[lskd]SPXY]]`cdb_agnuqj^QVSXWXZZRSMJHPWY\[TTQQ]bbYOEIPTQEED>DNVZXXTTSONVXXUOMNPUSUVSSTQLMJJJKHARY[TJKVWVZWOJNR\\WLMZZWWYTPQXY\]^\TSVYVUNO[\YPLNMQVWZYUWVQLMOU\_ZSQPHGQ\YQNPPPTbmlg_YUYWNHO\^VVmjd]]jlgXMN[\a\Z]]ZPX[]YSRV]^ZTJGLMQTVT]cZQSUURXYXROTZXWWVTOPLRWTP@JUWZ_[\WSY\XOQUWYVQOOJKSRO\dbVIJ\e`QNTSQR[]_dehgmjQKZca]REDDGMKPLJPYVSKOVSQKGKOUZZUHGNPQUPBKIKNLJIFMPOVYWWVYYYTTZYUUTOKLSTQPPPXXYVNGQUTW^ZXUU]`^YQLLTQKFNVUUZZXZVYVQV\[UVTU]cd]YWRQY^\WVSOQSQPNSY\XSNY_V`ltmcRQKIQ^]V[]YUUX_``XKIQOUYWRQMT\^[TRSW[[UWRS]c`[NOW\]\YVWVX__YXNRYYUSZ_ZUVXWUUPXYUNPWXWR`mx}xnhf^\cfaZQPORWVUROTVZV[_ddVORZk‚‹‰sdYXTTYY[ZQJDUVVVUWRPY\WNHQWZTLLUYUQQPOORVZYYVROSWVQR[TSXVUPMHDE@IOTUPOQGKTVPJKMUSTRRQQSUTJQX]^UPOLJTTYWWYUQLQKIPW_]\YTQJGNQRSXYHEMRVWTSZ^aWLKROEIU[WOCMMKSYTGELNNQTVSNRV[WMHLKPNJRWVZb]EFOMMWUMKTaoohULSOLY^\YRWZUUVWTRTQMCDIS]a]Xkph`]YX]^WY]VPZZQLPTVSLLMGDMWVSTXXTRQNOWZZ[WLGIJKJMPPQJNPRRNPVTMTWTUVWPHKPUVVMGJFKQUS[__`]ZYZVQSPPXVTTRRTWWYWRWOHS[]^^VUVYZVVYSRUQRXZZ_b^VPT[THOQUX\[ZYQS[YWUV]XZ]\^d_XYVS[ZZefaVV^cba^YZ[^\YYYVRUYcgc[bba[[cjia^fnpe]XX]bedcffb[\aekmjea\ZRWZX[`NIGEJW\ZRMMVYZ^a_PG9IUQIMNFKMNRSU[^\SNU^^YQRRWSMPTVWXUHIOPPTMJNTTRIMVZZZSMJHPWYYWT[]__WFGUYVU\a_WONX\WNVZYURPRRW[`c`ZXWQOOTX\^[HGHKJPWWTONPTW^gmkcQISYWMXef]^]h^WZhg\XUVTNUY\\\aa_[UOFNTZ\YPGKLNMU[\]]UMNUXTTTSQFCMSTTTKLOHFRURLKPQORPPUTYWOSRPUWNJOKQROMSX]`SINSYWHN[^XY[YSUVbo~…rYS[^WNMLNKOOTSROWSNPRPJOJEJVZVOLPQPPSFAQWWWUROPZWWWWXWYXYSLMV`^\ZTRU\ZTQLKPVXUPHU]a`WWZVS\ZXVRPQVSEEPTVQRRJKN[\POUX[WQSV[[XY][NRZ]\XRFBQUOIMSRTNUXUQVcc]ZUWUJKVVVWWNIIMUZXPPNPW]\RRSTVZ`a]TNSXWNHZ]ZZY[PMX]]WJHW\Z[ZVTWTVVULPTTSVWSQU[]_]ZTUYXYZm~…nc[XYXX_^VUUSPMPPJNZSOKY`\UV]`bq}~€{rbWUVX[\ZTTWY\^\WQQISUX[ZX\_ZJ@GNNOPOONOSUZ[][WPLOSXVVY\`a]PHKJKP\ZPKVZSBEMMMQW]]XX\WOSTTTS[`c]ONSUSNTWWRMJKSWWUU[^^XPNKGQVRSRQIFKPY^XSV[ULGOVREJTac]VPOMPZYOIQPPVYXVPMTTUVPNOQQPJNRY_^]XUQMLJNRZciid`^aZUW[ZXRTYTS\]YUUWULF7O`db]bg_QPLPTYVTU]\Y_c\TPXWPINPMHGXWTRRQRTSLCNSSWXQLD=?FPVUPMT\ZSJS`a[_[URSW[VONU\ZWW[ULRTZ^cb`\X\\UQXYY[]_UVUOU^^XVWTJTYYZ^a\WYWUWTTURR[^aa^^WLMSXXSRTTQU^`^[]^[STPWWOUUSZYTRTS\]`acaXPXXX]^XSV]XPY]^TZ```^^^_]YYag`YYajohaa`[Zbe`bc^STXZdgf`ZXUSQRWZZPNRVQRUODQX\XUSRUVMKRTUTJKSTSYVV\a\URW\ZTVVQVXWZZXXTTTWV]VNLNROOPOMQXXQPR^YXWZXU\_\\]TLNTZUUY^_YSQWWXUSVSPQVWZ[Y\\ZYY[Y^XNTWYTSRORWTWZY\XUUV]lwzs[NUX`YT`bZY[UQXU[VFX]`ZVY\\V\cd`\YSQGBFPKCHKKPPSYTUTUQTUVRPW^^WMMWTIAFSQJKNSRQVRJMOJHQ[XUUMNDO\YVZ[\[VTROPQRTSLPPPOV^^_[PKMLOe‚‘‡qZZ`\VVUVUQMS__VSRPPLGIRK@BHSPTWVQQXYPLPW^[VSPUZVRTVXTRTVVOIQZ\[[XOMUYZTNQ\YXWKIOV__WSXRRXYURKQURQPVY\YQOPJJPUUNJHT[[YYXVONU_[NLVTSQPHCIIDLXYTIBGOONTYY_]WTRPVYWY[XYUYYV\VROLNV_YPILMNQPUYVPRQJIOIVTY]]ZNPPGJKN\]YVPLQUUPPVQQSLLRSPNQY]YQV^_\YY[bxv^KUWTWZ\bb\XOFMSOOWSHIQ`aVT]\ab\fvyn\S[_ZTSNMRXWZ[YOORQUXWVUUTTK=DMSUSWWUPKSWXUSSUTMCOWXTPO_e]WSSROV[\\]`_UIHHBGQ\]^ZWXXWXYVTSVUVWPIKRQNGQRPRVVZ__WOVYVWSOVX_]RLNMOEHLPYYVYVTTPVVQKOVZ__UKJQLGLPSSOKNOPSQQTOMZYYVVPOMMLJLW]YQMMMIOT[gosqple^TMJQWVWYJKWZWYYZWTUZT\`]^eib[WWLOWYTSP[`eee\WRNEBBBHSV^a`YOJLMQTQNIGMMIOHHFEO[ZRNSTUVQU`e`\YXUNSZZSNOPOR`edVSUVXU[YQQYYXRW]YQVXXVVPOZ]XXZXU[^_\Z]ZWQOSQTPPONSWTUWZWMLOWZVPQZ^]YYZ]db\[XQNOU__SOTY]VU`aZadbZVYYVXYTTTOOLS^`XVXZVZ\^__bb^Y[ZUM[jolib\SV^```]WWY\`fc_^YVWOKSQPUQU`YQID;GTUOLG@OUQTZ]\ZMGSV[\[TQTZXTRWSJQVUTRSWZ[WPUVW[_ZOKMW[SPOKLRVSOX`b\W^_XXXQTXXXXRUW`ba\UVYVSSPOLNNUVWWSPSRMNTTSRQGJOSUZWSSXXY\\\XPKEScptpbRMW^XMBBKHLSTP\YTDJVWY^^]ZW_a]OMSZYSGEDLIRVUOOOOPSSUSNTTUORZ[UROQONNTWSKMLOSVVQIHJJLRNNV[YQDHWYWXXX\[[PJPQRTTSQQPKFMR]WPHW\RYr„‹‰}hMW]\^]^\WLK^`UORTWRGOSLDLPOTXVSTPTXVSLLPWWVOKMLQTXWPMOPPRPLLSWXSPLT]aZNQQRTWRSMLU[TLKNTVNPQRXSQRUWZ`^SIMOSUSNIJLOUY[VVSPKNWVQQSOJJPQLA>DQXURLHCIOH>KUa^VX``]WTVXZZY[\WPSVWOPPUVUPRSLKFFQVRQROOTPGSVVX]WG<63>=KSYZTRTWXWKNQRUYL?CPUVU\[VNP\_[^bghhptpfSVXQLR`mgZUKMWZWGNILRVTZXV\mxskguxnaRL[ZSVTTXVRTWTOOVWVWTNRV\]WSWYXQKQUQNOSZXUPKIMPOQYWUQJRXWUPLSQRQVZ^\ZWTTQNQTW_bb`VSPUVWXZUPPTSQTWYXUTQLU_ed_]WSRRRTUQWZYWTQNPOIGPSY^]TLKNJRUTQOUUTUSIHIECKPVVZXSKRZ[ZVOQYVTXWPJMRTPNRPOPUTQQT[[ipvtri]TPKIQXYZ]UGEIU^`]\bcd^WUVYemjdilfdaQQQL_b_\[WTHJRLHFMUWYWRIJKU]`[LDNSLNTIHKMT[`WJJOTZYZZ^USTWUSX\VSSURRRIXa]TOSSNLQRSTVYWOMOSJJT\]YKGOMMOW\\ZZVTTSUSS[\UNPWVX^\RLTVQOPX]VNDL]]VV\[ZVWY][UQY]`XS^daZW`aW\b`ZUX\YYROVVQNLU[^]U^aa_]X\Z_b_VRUSIUksvpf`WQUVXYYSUXZbdcec\NSUSOPMY[VVYUSQNMPPRMEFGFGGSXZ[ZWOU[[XPNOY^[OMKJLV^b^SNPV[VX\YQRPLDLR^dbZPNRX[ZWX_ca_`\LOQIOU[a_UV\]dbTRSSSRSTTOMTVXWOAESXYVUQPQPMMMVY[[STTTORPQNNJKKVlyxpiegndZRUYSUTRWaVYU^[_^RFJT[\ZOPVTXTUPQOLOTSPONOZXPMUPLUSLACFGKOUY\ZWSRONKKQVWXXUONXVVUZXSSPSWVVTQSSY[OLLQWXRPSPOX[YVVZVOVXYNSiz‚kUPRZ\]\\VRV]]UOQSWPKRUNEGNKNPQTXUOPSQLJS\b_USTRUVWVOEHNOMJFGJQRPUWU\^\SQMMSSW\VLW^XKAPTPKHSXWQINJEOVUNMTU]d`ZJDKFIR[[WTTNORUOQRUTSUZVSJGJNOQOGBOXXQLT\YPbedZPSZZYYV[[WQSNTZXPNZ_c]VPFNQSXRONNPRTTQSYdicLEKMNCAQUSNMZ_b^PKTWTQKIR\UPW_^ZPQVYW\gtwtmope]Y^[ST^f`USSSXXMGLPRYZPIWTZm{ve]oyrf\WZZUUUZYWUSLINNNOOXYXNOWYUZ_`\QJPVWWYWSX[]XOQURRQPOTPMUWZWRTWWZ[[SPTYSLUX\]XX_dd^ZVPKKOUJHRZZWTSRTWZVNMU\[\YWVRPVZVMQRPPTRPLOLDKR\_aYMJJKNVXVVUSOVWXWXWY[YTQWTTQIQXZULOUST[_WRWZ[XZTSLONPR]ee`bihhihZSTXZZ\Y_c_UMOY_^[W_jkd^UQRSafn{zqcUOVXY]b]SXcd[U\UOCMNMSUTKHHO^`\QENOJNUVRPGPYZUNPTVYZWVVQMNOOLSQJRU\^]YQVXXRMUVTLSRRTWYXOMWZTKV_caVRTO@6KSX]]NHKQXZVXXURRX[]\[VMVSTXYY[`^WUPVX^dd\VOR]_\\XXZ]P]b_YVQOSY_^URZ[\_ZX\`]TQSVXYUPV`dcbbWXYYWY\UX^gjlonfb_^YVVUV\_ZekihfVFU[\YXTVYVTLJFPMLMOPLILLFFMMNLTZXSY^]SMQPW[YNJOLIP\]XOMMRYWUURLNNLPTY_jeYR]_`Z_a\U]`^_WMMIBINX\[SOW\\[RKJKOUWXXSVXPMQKJPXZZZWNLMTT[YUWWZ[YSPOMOJMOOMR_m~~vosuoeSLMOQW[UWZX[\YXab[LHOVWZWSUYXX]_caWOJNGGMTYPMSVUTTMFQVVYZSSXWNNRRTQQTVWXYVSV\YWKMLONKKQWTTTVTRMNPTZYT_fklh[R[YRNOV\XXV[[YVZ[^\\\VPUY_bbXP^d\QOOPSTRXX[a^QNPUTY\YX\]^XPX\_`ZPP[`[Y\]\\`]`]WLJ]eh\[c^NLSMQY^\[VWX\bhkfemqohabca_edggf`baZX]XWRJTSJONJMIRZ[STOFONHMTRS[a`YX]VORUONQW]adhd\SRVUURV__YOY_db\RS[_de]UMRVY^aa[HHQVTPKX_a\ZXY]\[\bd]Xaa^\bc[UXVZWOKOUXY\]VOPUVXWQQRNQOPVYWZYQPVT\`cmlgaclhe]H>TZ[]ZMCLVYFHMVZTMNPSXXWSMPZYRTYQLSUUVXWUT[]\VTUSQSOTZXNJMOODADFHMPNMVRLNQNKLC2AINTQMRJBHDPRWTLCKTXZ^]WNQYVVVPJGNWXUQPTUPOOQKLEHFHJJSboj^Y[\aee_QKKDFISUNILSWTY[ee^XY\UONTQQY^bfbRI[`ab[NHX`dgge_Y\ZSGLTSKJMEAELMNONFRVURRNMWXURLNK\kj]LEU\^ZRV^c^\SOVVQNROPMNNOTQUUVHDV[VXYWSU[\Z]ZW_b`WPLQUSQTTZ\WNXXWTQOPRNHLRQKQTUPNMQROMW]a][[VJMRQSYaf]Y\___Y[YWVXSPTTV[Y^[VYWPMTXRNe~‹Œ‚qld]JMRT^_UXZULPWSNKX^X\\TRU]cix{xmd\]WPOUSONTXTPRWZXTXVMVWWUXY\ZYSNIIPPRZZRSY[WVVUVWTJKUZY\WXZTS[YVTOQZ\VX[UUXXZWWUTOLLQ_^TMNUXUPKJQVXYYURDESZ^`eaVTSRVYYTOQTTUQMQQRWX\a_]^[XWWQTWZVTZ]\\XQQPQSQJFLJIIGFJWXSPV[[YWVU[\[Y\ZVVW\\\RORWWU[ovvnhghd`[Z]`ea]]YY[WTUZQSSRSQXfmma\cc``^\]WRRWRNRVZXY^]XOQTTOOINPZ`SFSXP>BFKRNQWXWXSLKS[`_XNLQSJPTWTN@PVPQ[\VQRYTOVQMHLNLRXUTUSPIDS^^[Z\eigbZTVZUJOW^\URQTUW\[SQWWTQVSN[]]Z__SJJGIOXXYRQYZTSV]_XV[Z\WZVQX_]ZRNPPJKQVZ^egc`d_]\_hkd_e_VYXXZ[]]^Z[SUW][ZXdjnib^_]\_cfbZW[\beb[OQRW^\QUQKNKTWYYTRWUHLPTUU_]WRXQGGQTPNOXahh_VZSRQZ_``\T\aab\QQUXYWZTPORSUX^cec`a[USSZd_\UW__ZZ]]da_ehfb`[RTXWY^XUUX]^[XOTWUTPQQVUYWQPOVWX[XWW[^Y^bipvvqjdaWV^][baTLQW\UKHY[QTWUUUTZYVTUSONRTTZYUSWXVWSVYXRUXVXXXYYTQPQTMCIJGHLMMMKFFHGILF?JQQURMRRNNKDMXVSNPRRUUTQVSSSUSKMMKOPFJIOTQKLFMNONSTLLR]]USROS^hjf\SMQQMPUPHD>LVVSSYUQTRKMV]WLJH\c^TZcd]WPJDLVXWVXZ^aaaSHOLKOJDLU[ZRPONORTVTVV\[QOVZVYeiaNLPTTZTPWWQPURTQMNVVUTKJWYVTVVRSTPOKMQUZ]SPSWYUbb\TLN[YLMTWUVXZ\YQHHPRIKLPSOFDIHKPRPQNQZYU]faaWPDHV]^[RQUZ]___WTRSSMKGBIQS^[YRIQYXWSbsz|{rlaSKOWXVQNOMKMORPSX[RZ^YRSY_m…Œ…n\[\[Y\[YMLRTSPRWZ^`]]WSUQWbfaWOQPPRRRNTXPOQUUSSUURKFGILNQQVZTOORXXMENXX__W\b\XVRSTMKKPYYSRORPLOV[[^[^^WPNX\]]`dcYVVU\_WNQVYWTSQSMLSSOLLQ^_]`a^YYRORYY[ZRPPRWYUEFRX[\WQGSTTW_^VRTVXZZWZ[XPNWY^\VSURPTU\lqnlopi_\SQMTZZ[[]^]^_b[XUPTYV_gllcZX\XV\\VQO^_FIT[\XZ\[RMJRMFGKNS]^VMUWOHLTZ\YWSYZ^[V[[^dbYOPTTRVX[\PIQVQW_a`WY\`^]_[USNGRVSMORVSMRZ_[[W]c`[WJMW[SHINROUY[YU[`[TJOT[WRKMVZZUYVVVX]`a_XSQRUTUU[`[TTXUMQVY\XXNQVTJDOWW\bfha]`dffefgd^XZ]^YV`\\acb^VRVWTYY\flihlgb]_[XUQTWZ]_^YYXSU]cMSWXUOSRPVVXVTNQTPR][UPPVOCGOPPSXcgf]YXUQVbfaTLP[``[WHHOJTULLPOUROKJYdidaYQNZb\WWWWZTPW]a^]_dadg_WU\bYUVQOX_``^WNQVZTMUZ]\XWTUTUTQWZQJOUWVWamv{}viddfkqojbRSSZVVTJQTPVZWQHCITZZYWTNJLW[WWXXWRWUQXWVPRXXZZZVOOUTRHIWZKJOPSTROQQFHMM=?BELHBGPPGCJLSPLRWOJOJFKLRPTTSIFMPORVQOQRVYYTS]^^XTIBQ[[OQQMGZflk_QUWILMHDOGKJQXPBFITVRLHRVSPOFBRUXceaXMTSMGMLPUX]^]fleie^RQNDEKX[TNPQWZ]\TMX[SOVX[\YY^XONSMRUSUVSQQSUVVTNOY\^XRV]]^XW]a`]WSPUVWSOBOY^ffedcVTVXLGTUPX\ZYYUMLQSRICKVRLLPORRSRQSUVWSXdjkeSHFXZWUPSZ`[^\ZVSUWWSQMEMQRSWVQNNSSJLM_my€‚}zfVSPPKHIEJPSRQNOTPPX_]ZSON_{…~fNPURY]_^[STQMMRUW[UPPTOPRZcaTAAOSSTQMIMONURMGGQPLKKFFGCAIMSRSUTSTYQPV[ce_WWZSRRNXWKIGOXWVNE>>NTSSYahd\VPLRYUTW]`[PRYad]RGMQWRRPRQT[ZQIOW_ea``__\SLPPPSWVWQT[[YMNWYZ\[WWdgc\XVVVMMQTVZ[WQDLU]XTONMMHROVaknlsmea^[VSYWY[ZVY_bd\Z\UVYWR]hff_STWRRTTURZa\XMV[[X[ZVKGELMHKPTZ]]XRLPRNRW]^WYa]ccbZSU_hdXRTSNPW\^_\NMPPS\_a^W[[WY\XRNUY[RQSVQRTPRWZZTSU\][XMLUZTLMSSSWdhdYUZWVUUY]YTSSUYWZ[\YYcjmg]WSTVXRQLWZXVOQOGN`hg[OITSMNMSWRVZ[^ZWX^__]`a\_\[`bbcd_Z^dfc`ab`XY^]\bb^dfe`[VQLLTYZVX\c_]PNY`bJPTSRTSTX]YPVSNUVVbb\Z\XRHOVYZ_dab^VYUQWYcf_RNWchh_YQOPHKQJEMQRVTOLT`f`TTXVQ][UUWXUFP]^YUU\\X_b^WVU][UVTW[\^ef[TSUYZWZZYZVPRUXYYZUQSRJV^]YXYdx}{wpgejpqi^S[XNQUWTROMMOJEDGMR__VXTSSRV]\[YUTSVVMMUUVUXSNPOLJMQMKFN[^YWVHJSWTUVZY\\SLEFLMJORMBOVTRPNRYUQNHJK@ELRUSLOTWUVSOOPKM[`YTV^`[YRKHTYUOXYPSajog[[XRWZUKNSSMPXVPNPQQONGADNTTSOGDR^]RQQRSNMMOWWYSTZ^\cmupcUQNPSWUNT[\^ac^WXbg_VWNHTYXXUQPVOS[XUTPUXNLTWVNJRX[VUWVae`Y[_YQLOWZZWUSQVYZ_eedejf_UPPRS\ce^^ZUSVVQRNDKTXWVULSUPLKTTPOQW[da]UQJWZU[Y]\ZYVX[WNQZ`a^SMFEGJLORUXWSONMKFVfs‚…}t_ZXURPMRY[WVSMIPSROQYXVWT\krk^XKJHJU`gc]YTNPUY\[NEELILU[`]UTMNSXTDFLNKLQRMEAQUWWODISYUQS\cb]TIFLPVXW\_XPSKFTYWZVNPTUWXSMNOSVZUOQXbaWNLEGLLOXcgdZNQ^\QTQPNTVUX]XMTYWWPR\_b``]Y]XTXZVQLW]^^]]]UQRPQXYT_flf_ZZ_b]SLRWb^TNJMYWTQURKOST^gpspogd`_[V\`ZRQZYZ[TW^][[X\dbeih_STULHPTVNSVZ]ZZbSWWRROKKEHNTVROMMX]WQX\UMSWNBOY^\^^XQR\c]VSWTJGQUWWUONSYWUQX[[WNDJQPOP]b]SST]ZYTUQV^baVMNSVQJOUTRPLNKQX]c^VRRSWZVXXWWVWUTYZ^[XX`ca\ROVXWSNFMWYTMQX\XSSa^^VOTTQWRR[Y\YS[ZUTRXX[[Y_gd][]^`ddc`_`\]cd_WZ^cbefaYaf_VW[YTY[\YZ[b`\QISUPRMNSQTVVWVRTR[^YULQ^\Z\_XKR[^^`aaab[VSXWWY^_ZMOU]gkdVLSTGKNNLRTQRWQJRY]_XW\YZZTKMU[]RRX\YPS\ZW\\[UQSVRNKPX[\__cb]YZZ]ZWYVRNLPNRUUVVX[[XY][Y[]bfkw}xl^hhhZVUVQCMUUWRPOMSYbe^VYVOTWXRMGPW\VXWXURWQNUXVX\^THKNTY[VURRXVRWTNY_[ZTNRTTUSMIMPSUTKIGLSQLPWY[ZULGURHJJSZWRNRRPPOGELLT]ZUJELNW_]VQS^b\YVUSRbid]\\Y[]YVXWRKLWZYRNOQSRMA>AKOQLLGOTYURYXVRIKNPRJHKUSHJ^ptldZWOIIRX[__^XYVOVegd[XTX]^][RLPTTOOJCBNVYMCJRUQJQXY\Z\U[`[TSQNIKJU[\UTXXVYU\dbTVcme^WVUPRVX`ZSDILOQSPJISUVWJRUWUOMUWSRU^X\cVRRMRY\bdc\UTVY^VRP[_YUVUUOLOSQWZWWWZZXNPUap|{{|kbYLJT\[ZRUTPOWXTIARYXS[`npjeZOHJNU`ecYXSNY\VTVVUUPKLTVXT[\ZPMPMLRVRENUTTSW\`]ZNADRZZV\`ba_VLIIKSTMKSQSVUXZVYYVVZWVXYRTZSOSXZXUSTZVSOJQPRVZagh^IJRQQRUSRWPSX]ZTU[][VLQV]`WSUWYZY[UOJKX^__^[SUWNLSWQWc_ZUX[baYQRV^]WPMEKUUX^]TUZ]_fnnih`XY[\WUZ^[RJQVV[UV_`]ZW`gecfc^VSMHFRQRXaaYWVVXUUWSNOOOIKT\[VOEJX_]_adYMTZUMQWX_a`]RIPUUS\\XURVY[YWPPORUSR[fha[VTTUV]a^WRRRRVWUWTX[ef`UTTRNMSWWZUNJPWZWQPPSQQXYUV\XVVUKLMTYYSU[URRNNORLNSUX[ZSSX]^fe^X^a[NURFJMQS]de`[\[SUX[]]UX]]\^\XW\b`\Z]Z]`_X_hhhbafigff\OS[ZUYY]\VUUXWROYYVVYFQOUWZ\XKGOX]WTRMPSPY[ST[]WW[ZRUZRNW]\YUWXVNPTYgldQMSSQUVTS[ZUU[YLLUZ]WPU[]XCFKGRVVVX[]QS]_`]YXWX]^][QVX\\ZOWa^YX[XTOY^`SOOPUUSW]_VSPTOOXVVX]l€„ƒypiif^WOCLSKJSWTRQNNKLTOEERVXUNCBMLLMI@;ENQSVRLO[akklff_]_VTWVTUUGJQRLMKNPSUWRX[[^\_a\WRUUPORFCJUUNOPOPVW[ad_[[[SVW]^WNRSUXWTONQZdaYWTMHLIACOW]^ZVUUUZXSY``^[UV\\XSTVS[``^WSXWVQTNJYbe^WV\XTUQKOOOLHHPRXUWWTU[]\SKOSVIDLPSOSNLKNXZUTP[cba]WPZXVZWJONSWPOPRTSTUTSPTSRONTSMJT_]ZZbsŠ•”‰jXUKKR\^WOIJPTUSQKIT``emsfYVQS[SPXYRPRODBH\bc\X\YSNPPSNKUTYZ[TOQTUE@IQUVX]XQUXTRRRWVWXVPQSPKQTYXVXSTRHIFHXdgYPOQUQPSYWTQOQSSMHNWZSD?ENVRRNN\ZLSYXZYRVYRVZ[UPSURMISQTVROU\[VLGNUQOU]]TTSTRU^ZROQTQISUPXZTM\gd[QVVSTSW\[ZWWRXSRTLTZdsxp`YVXbcZUUUVURRVY^`YW]gnnbUWURSSKW^ea\Y_gcWJTRWY[Y]\VOcihUSMGKUURQTXSVRV[\QJU\ZURJJIPZ\VI;GTUUXRPY^fg_STWRPYROS[a]TV`a_UMFFJW[^`YPIPVQMSTSMHKKIKV]\RHFDAP\[QOUWLFR[WURQSNTVUUXVMKLNTXYOSZ[XUSPY`\YZTQUSHMX^\RJV]^^]XUXac\NPRSSVWSVTVZ^\`bZ\YQV_d`_a`bpuod\P\cda_[Zb`YfdWPT[\RNUY]^__WJINLKQMLTREKSU[_dg`TY[ZVVQPGFOV[_`\WWSXXUONUgg`ZOOTWY]ZXYQHGCFOJAFMSZ\VYVQWZYWUPLGLS[ULJW_a^][WY\TLQWTPTV\a\UNKIQRWZWOWQPRTUOQHCHKORQSWZ^`hv~ˆˆ{i]TKS\ZCHDACGKKDFMUWWXW[_add][MKEGLTTX^]YL?LZ\VQTSLOLFKRZ`\YV[`c]K:IOPQMIT[VQU]^TMPPTVSTXVTLHLNMINTTQLUZSSYXRMPQQOKOUPQXXRPUYTRNILUTPORSMKSUTQLKLKMYgoxwpa]^ZQJQYXTVWNGBF>=HMQOPWZ[X``XNOVSRQSPNGOVUXWPRVVSX^]ZZ[TOLIQPMONNSPOQPMKRVYZVPMEFHKPPSY]YRY]ac__]ZWX]YYXSKOMTSR__XRKWZWVQHPWSRV[^b``XKHKQSQNTWXRNRPPV[[YTW\ZSKDMRQPPOKT]\WJCT\_]a_[WRJQTWc^XPRSQOQWYVWW[WTMNRPLMTNONOZ]^`qŠ‚iWURPQV\XPLOSQSTUQOMPV\nvp]WVU\ZNQUQKPUOOU_c^XZ^_]]^_VMBKVQRNLLOVWPIIISQS^]Z]ZTURPLFR_^UFHTXRNNQRQTZ[NIENW`aVKIFMPNMPXURVS[XMCHP^aZQROPTXYVSTR\ZXVQPWRCNWZVSWVRONSVTSNQV]^\ZPLTWPX`ZZ\[^XWWQQWVPRTYVQ[_VKXde\VSUWYYYafd`\ZTNMSSQSbt~xj\YZbf_TVSSXWZ\ccbX^cmspf_YXUSTWZYTT[]cikbWXXTTTWW]`a]b]NGFIMI?FSVW[[WZZVNQQTPLGIPUTVMLNNMQUJGP`jpm_QPPP]`[OPSXYQSafbZNOUWWUQVTMKKSRRXWSJCMPOIJXZZUQMNQ[VPMOTTVTXWRNTVTPBNXWSLJSVRRQTUY[XRSW[WSUVRRSUJOV[\WQY_bba[YUZ`\TRTTMIGMX[XZ]_dcZXVX^`fb[]ZgmpmfVPWXXURX^c]Y_[URRVSMPXYaef_\OFFLSVWPIQWTRLPY^dc`UXXVY\XMIHTYXZ_c^]__[OEOZ^^^`[TVWZ]_]TLEGCKMNMJIWYYOQXYWSMONKNRUUROFKNVZ\^[VUVOOPVWSYZ^[XVVWULNVWQNP]\YUNKD=GS\ilf]ZVWVSOJKRWQHOQQSV]WOQTSRLNU[VYWTUVWWUXUHFJTTSKJHKLOPOMNUTMILPTYZWQOPJQSTWZZUVWYVMG:FIKKPG?DJNHMRSZ_]XSQLAINQTWY\]^WMU^\aa]YUV]`^ZWQMQ`gihhcZVRMQYSOPQQPRTRW[YQUYa_YOX\[RMMNPRZddaa`[UPS`c]\Z]KOHLWTSUQORUX^c^STWWUU[^]]UUhx{wpmg]QPQYXPJQWOKTUPWVX\de]PTRMQSOTTQQROUYYTPRZZWPHKSWUTTRNKQKMOGJRTWYVW[Z[^WVRPRQQLNRQUYYTVZWMJPPNUWPQWZ_ZSTW][PMIELSTSOGKRVVTJLPTLGGLRRMTWVXZWPLNKRVTXY\YULNKNSTUOJCIWZYYVSTVac]RMUcc_XVWPLLNUQPYa^UTRWVPJKNNQSOY\WNSVQEJNSWQP[[RWlyvdVX]`^VW[_]ZY__][^Yakmoh^XX\]YQSRPRX\Z_`^SOWUQPUY[UUV[[WSLQQLIVac\UUY_`aXSWXZY[MHMRRX[]_d_VTZYUX`[RJRVRZZZZ\ZQKTSTU[^_^\^]VSUYPKMF?FNVVPQXZUKGT[ZRQPS\]\RR]`ZQPRYVTVTUWXWXSPSRPSU]`VNPWVQU\[XYVYV[a_YZa\][[XWVMNZ]XVUQKKQTTY]_a\]ZTQUUYY]bfed`aciooileXU]aa`Z]\TSWTRRTSTQY_^acc`]^[\^UPLHFOT^fh\OJKWWYZZVMJOOMLFHUSUacVOPWWRXWXWSTURMRUYTSZ[XZZQCEPY`a]_a_YYX]^\VTTU\_WSY[[[bcabgijf^PKSXXRQW_d_SKYXQPX]XRWXWWSWZXPYWZ\XTQO[`^ew„w{mYWNSXSKRS@HWRMNMRXYZTTLBJYXZ`YW[^[URPPTRLPTUVTRK?IMRYRWYTPUWPDLLIMQKHLRTLLKVZ[TFDHNKIKYYTOKSSROMMMPOPQQSSXQKSPMVXRQLCMWXPLC;:CPXWPOTURONKHPTSMMBBHKTZ[ZUFMOMQOHEQKLRSJGLUXQVYTQSTUUPOWVW]VUUWUPJOTSOMJOQTTPNKNVTSUUQLQQLRW[OMYVOUWRRZ]WLJDEPUQLYXTTRPKQPPOVUPNKE?EKILMPTYNJT\^egaZQVY^^SMGQY`eaUZ_[OJKSWONPRMHMUSSYTOMYbbYVZ]XSWURTSV\`^_fe_UCS]\WVOLMMGOQSTOOLML\hkf\T\YSWZZ_``dr„wj]RKLNQLKZb^SVKLY[[]bb`URWYZ__]WSOQMIUWXWZ[VQPMNRWVRSVZZYWMINOTW[YVV[`ZROX\\ZXPANSQNZ_ZU]]UPVVUYYPSVY__\QSTROTSOQRRMGMUPOLJGGLNJDMSRMR\YUWXYSQOOONMWUVWWVTTNJKMSMHORPRPMIRVWWSMIOUUSQTVQRVWTQNZ^\ZUWVWXWULBKMOUXVVRQPRQLLLIMOURVkxsjf`RQR\[]ccZ[\TRWXY^kvzudZXWZYSIQ\][^^Z_\TPZ_`^TRZZSPRWGU^^]]VKO_`ZQRWXWXXWVSONS[VUNV[[XU`[TTWVYY\\VLJMKW\XYXSNJTX\ZZ^a[QMTVTUSLGLIGPTSSOPTYSDNW^[VXXZ[]XWY`aYWYYXYUOSRUUZ\XXWZTSRZ_XSPNW_adc\VSSY_`Y[]c`XTTIGHLIX\_\USQOUY\\XVUUX[WXYRIV[aa```aagqrgcdc]_`a`[[c\XXOSZQPWUWXSUXZ\ZY[`[TTJNPU_gjcYRSZUSSWYWUTSTVQTVQUadYJJOPXXQGRNSPPSPT[UPSTTYXKPTX]^WQ^bb^ZQW`aZSU^^\XZ^_YX]b]\_bc_ZWWV[[NMOS`d]SMPQMV^\XYRNNHOSRPVVRMBITV[`]^isw‰ˆzfTTRQKEQSFP[XPIS`b_^YKJS^_[]]WPQUWTTSTTSTUVSWZVPJNVYXWTQNUXSNJSNJSUPMLMJJJG=EJJHJLRTTUWWVTOPOLKHFKLEJNTSTSVTWSQ[]VRKISROMHLJKMRTNRPSPHGOTRPNMMLLNMHISYWKCOOJNQC@HFMQSMKRUUOU[SICLRVSRSXWTSW[ZSQNGLQSUVSOS[VNKONJQVTLOUTUSY\XLTWU[[VOQUPIJMJMSOMPSQQOMOSURPQUUWUNONLCGPMLMSQMPQZ[\RNRQV`^SST]^ZWSX_\XWPPQTVUQKDNTRNSX[\\bbZU[ZVWPPZWLRUUU\`fd\RLPRVZRSQOBEPSQHMLHGJRUPPQUZX@7LIIRWX\^VNNTNKTVY\XVUV[ZSMMPSVUZTWVLHLPQNKDMRXZ[YZRLPU_c^XPFKKV[SMMQVVWWOTYVOSWVLYfmlaYXTIHLQXWROSWTQNNMJQURPWTW[\]c[UWQELTMPWZ\[Y][^QSW^cc\TKU\[VWTNSSPTamsla_inmk^WYULQSRQXbedbZSPSNNT[a`TOJHOSUVUSTOKOSUUVY[YVQLIPSTWVULGRWUOPQORWWYSHKQUSONMJMU\^WSRRUX\YTIGDJRRKFNTVUOHB@GKSWRQMEOVTTVbhaTRZ_]W\\UMKRUTRNMLMRQQSQLPTPVYUVVXY\ZSXVPMNTSNEDNYdb`c_WW_\SOOOTTKGJUXVXWLOUUTF;DQNINDKRUTQKQRNSPThvzwmmjaQMKNNLONOMNPQbkqmb]WTYYTOQTX[QFV\b_TZUDR[^`]XONVTPNLDCWSRSWWVOVVTPQ]eaYPPPPV[VS[\XUSOOSY]\YUKU[XKLOKPNNMRUSSOKRVJISUW]^`[Z___\acXOXaaXTS^a\TX\_]_VJKMNILOUV[WORORUZbcWPMRTZb`[Z[QHO\ZWUPMLSY`\UWYZ[WQXWORTQ\bd[GMTROLR]bdagbY\fhbXQZabdfljli\XWVZ_[X^a^UX_dc_XVW[ace_]`\VY__XSZ^SSOU_[YWYWZ___XR^feaXYWUUY]__VVURQONJKRNLQY^WNNTSVZ_fe__`]TNOW]VONPSWVYXVQQTSOTTRWVSRWQKLEQ[]WWVSY^[V\efba]VTUVWZVW\ZNPTSISWWRTXVPVWY^ditz€yrv{oXROLPMILKKRYZXSTX^ULJHX^XOTSU][SRPJEKLTZUPQRSTTUNNPRRNPPKKJJF?GPRQIHQPLPVQNMFIVYYROOKONNRTONRQMIPTNKSULDELQIGQLKNPKKHCDMNJR[[N=QTOHDHQMDNUNLLVYSPMOLNTKKOPU\[QLLJDIOLHHLMU\ZPIOVWUKGKQUPRTRRMQPLLI?JX]WRWPIJOQSUOT[\TKJLRUTNVTOJLQMOQPPKOV[VTZSNLOTQLOV^Y>OJ[`_\PMIOU[[VSSUY]jtuomn{€„}oeWNKLRQSboph]TLMIPWX\\ZSDGPIKZYRHMX[\]_^YVSELXUMOYUKPTXVSPLPMKW^]ZUTWXWZQIPPJKSTPSUXVZYYURTXVQOTRPVZXZ\[OJKSY]WQUVRW]ZUXVLOTULHNVWTOQVSNTRORVQH?KTQHJWUQQUWPQSWXPQUUTSRTPTVUUVUSUVSTXTTTTTZXRSUPJOS\[\]\Y[[RKRZ[WQQNLPPWZTOUbtvrkdb[YZZXTPMOPQQSS\glrvp^WVRPTRRWZMK\fc]WTHAFMIMP??NRUQSXTFI[ZVRLLRX]VVVOPSTSVVVWV^_ZTW[WWRV[\[VLUWXZZUNSRU[b`ZX^fh`YWSTMKRYZTRUVSX\YUZ`]QKKU]WMJS`_WXWVSY]`b^YXVUR[aa[SOX][]UR]ZSNUSUSSS[^VZ^\XOSWSOSRMNR]`\SX`cecaYWWTQHLEQ[]VSTSTQS_ddafsunkc_ZXSQWUSUZnyxiX[_^Y^[TQONEGSV\]X[`^^X[_^YNKOVZ[aa\SZ^]dd`ZWVQS_age[VTTVTXVOPTY_\VT[[STTGNXYWZXTUTVTMDHQXYYZ_XRX^VSQRVRPQPJHJLOTWYYVXZ[WKHPPQT[ZTUW]]YQHR`bdaRMTWRUTFDV^_\X`hjy‡‹ˆ„†raWOMSKQZZPNILTTQIIGHV[[XTV`e^OJTWZREGTYUPFJLDFHGMKKRUKGEHLQURLRYZSDGTULHQNKQXYTUTSVSSLMNSPKFCFPTRJJLQRFMTUNHFIOSSJFIPGDNOMEMWTQQRTYVRF?PUTTYROROSUQT^`_\QKBDLSSPMOIJX__a\NOPNU[X_a^[XULKFIRQNJIJGHX^_YWXJFGGLVWL?FTVSQX\^[VSTSTPNT[``a\WWSGFGLQUV[Z]^cb^^_ZWWVTTSUX[[SGKQWWWY[[][ZRKLTVVWWTRN[^YPV_c\O\^ZXQPZ[UUTV[[ZZTMSVT\[WXRTZU`ig]WVWU`f`Y[XU_bahdhpphpzzqd_cd^SPX[\[_ppkaXXZQLPWTYb^UYWZ^aXX]dhjb[]`ZJFMSUUPTV[SVUS\_VMT_jkc]ZSIU\XTONKOVQQYZYTPJJSXYWWYVPMGNNRUYcbYMOQV]^]UZ[\VSY^WUOGPXUR]^^`\XWTMQMKJVadeZPSVX[Y\WUSSRUTRTF:DQY[\\Z`mx|~saTQOEEJQWVTIJOSVVY\XMIJKOQUVVWTUYTPYMFS]OPRWZPHMPMOKCFRLINU\ZWXYVXSQONFCKKRSTOKKUVURQRNMHNWZVRPNNJFGIMKIPOKCOVTKKKPRPUZWOQTRQRRVXTJPTRFALONHDLXSOHLMNONQVWMPVYRMQXVSUYUOXZ[YPSUTWUWRRTLJPRPRRQMJTVQFKRUQRLGGOGHJINRSTNIPOEBEFADPLLVRT[WRNNMPLAAJRVWXVNOT_b_YSLPKORQKPTY]\VIOSPOSWVYUVY][WMQVVUUNQloeWVQTWVSNPURNUSPS\TUZUUZVQY]\R@GHDFPX\YTLHPTTNFL\^^[YVM@DMSY\_WPQTZYUOOQPQMHWadfk|†‰…~ohYRMKKUVY`d]XWLJS[[^ZRMIMPNW[ZZW\ZLFNQPMIKSRQQSTPKHRSRSTSOTXZTS\\XXWPJPKLMPPQXYPHRUTWTLIRRUWWY]][ZXVSUZb^ZZ]_ZOVZ\[YPLJNUSJPVSBGSUVVPQNU[]]_]Z\\XXRIJNJJMIIMWYYXXXWRMSURUTVPOVXUQMU[[RRSSOKQTRTUVKFERXXVTTZWVXTSRRTWXRRUTVZY`lpqmlolf[^afcTOY`fdb_[NTVZclkb^YRLMLLUXWWXOENLIFDZ]OS][^]ZXa`XMEIVV\[ZUPSMLLKMLHCC?ER[]VKKKMKQYYRPMTUUVVXVOLOTWYNQWZ]bhfXUWRQRSWWSRSW^\[[UYa`[XVWYXZ\VQUZa_WYRRTRPRSVNTVQJGRTPRU``W[`db[af`\XVQTRRKEOOTTPQTTU]^Z^ZPSX\c^RUWSL\d[Y]^^_bglnotnimsqof`\YSWTXa^Z`acXX_b^WNNUJP^b\YRT^aVS_ded_bdcYKHQYWQJNT\a`ZW\X[\dinh^TRPQTURMJKUZXWVUWXTRR\__Z\YSI?QZSNZ^db]YVQRRYSS\ZUSOS[USMGZ[WVWTW^]VPOTY]WVX\a`XNSXVTWVSPRPOVY[SKGPTVPWZ][dq†‹†€s]PNOKDHTYYVW\]WQSSUWSPMGEKOMJDKEKEOX^RHINNTSF46DMRRSQVVVSMIHGNUXLOOSRSOMONONHAB=INNGMNPW]]\[QMOPMPUMIHKQMFFPVVRSXTOFOVSOMGELRNQSGMMEBDGKPSRNNQPQQMLNHNYVXXUVSHDPVWVPVVUU\_[QNKRQPGBCIDISVPKILDH[d[WRLPOGELOUYVTJEHPSPORQWUQSURWXWSZZTVPHOVNPZ^\_TNTVTHLQUY]]TLSLKOSUW[\VRQSOGIV[ZTSUSPSUSM=JMPLNOS_^Z^YNNPCIVUPR^aYVYRIZ]YVMGJKSZXUPJNU`ZPKh…€sc[\JOYYSONOZdea\TVYaa]\]]\WW\XWUSTOMYXDBPWXYWPUTMMPZ\UOIIJKBOTSSSTSURNMORVQKLLKPPQSTLLPRPPWVUUVYUXRL[\XPQU\][YWVXSTUXOMPTQNJGIGGLKQSRLKOPYbe^TNUWSFOZYUQMNUTNIPJQRSWZ[WVWVSTQYTQPXYTGINRSQNMZ[WXXUOP[[_`^\ZSQWURDBJMQUYXV]c\\einkb`X[]XU\__eaa^abb^XRTTHWkx}shWVWSOOUU[YUXQOV]^[baTAELMGGO^XLRTNVZXSVVXZ^]YQNRV[ZZQEFFSWKHQQLQTWQIOVMBMLLQYVROPQVTSWUQTVWXXUSWVXYWSV[NHKMQNOTZ^_[UUUZ^_Y]_[SPNNBBEQ]]SNQRXWLOYVWROR^`\[WUVY_^Y[XOKSZVRWUT\WY\X\[ZZ[ZZVMORSU[\fggigklgjihefcilf]TX\^YRTY\`YVSTTQSY]\WU`f]Z`ec]TSW^_^YU\\NR__YVVXUOLX[^USOMW\^\Z]f`][[Z][VOFHJPROSULFJSWNPUNGKONMQRLRW]YNOLIPSRSORYVRUX[]WY\^_XRXYTQNV[ZUQKV]ZXTQWWY_\TLMNNQTWYUKKNJTY[TZ]WRY\Y[flw„‡r`^[`ZNRU^_Y[ZWX^aZKGTRNOVXTSY[WUPT_`^^[_ZQKKMLKGBILKLX^`UMNVUMKNIKOQQKHIPSRNQVXWWTWYUJAKPOLHISXVWYWTMLKDCRXMKPSVPRUNMJMLGECIQOSVUY[YPQQKKPQV^YRQROQPMNXaYJI[^[QR[[UONPKKPPROKFEGLOJJMMNRSOJMLPRRSRUSUSWULNOLLNOWWNIY]SMRQQRQLHJOOOVYWOMSLL^c^XXUXWSB>GVZY[XRIMOKJKPUTPPSY_\WXQV\`\QPVTQZ__a\XV[XPOY[]][TV_b[WWX[YZ[UW[UF?U[ZVSYZ]\\VOOWZQRSUckib_ZX`]OKWQMWXQPPVMHNXJCBJKJVUJOURU[]YZcouqmghe\NXZUORTVYXXVPUXWUWXXXXYXVQJIMSSV]YMGOTUVXVOJPRRVTPHQYYPJLTSONPSNNOSPSTSSQC>FINQTTVYWXSVTSWNPNJJKRQSRS]_XPLQYZTMRZ\ZZUXTJHGDCFGNTRMRRVS^b^URPQTLO[\[YXY[WPS\VPPOTVVVTTTVV[[VKDGTULFPQPQQT]`YVRWTRXUVWZYXQSUTMJNQV^`]VWfjg]enriHS`b]VVZ\agg`a^`a`YNLIGL]bnjjibWVRS]`[UPIDKIF@N^YMJQQJEMP_[VOX\VWWVUVWWWZYUPKO\bb^TUSQNJSSIKIMPNIJSQHKTWYXQY]YVUV[a^SRLMV_\WY[SMMQU\_[SKPLFMSWYYTUWTUUUWXWVROJOQTU\YPPOPRSU^`\RPRRUXXXRPSYURUTOKSRRRZ_ade`WRPSZXUZZVYQOXZYX`gijjlgfdaehgihlqmbT[_`b^][ZZXZ\WVUVY^a_XZ[Y[aab^ZVW\XZ]\WS]PPLCHSVSQOY_]YSOTWWSOPU[YZ``\Z[WQOSSQWVNM@KZZTJOUOMOJQVYYWVVQOOTPLLQQTV\]WY[[VY[ZZZZUV\\VYYY]\ZQGJT[YTRTX^c\UMKLDFOV`^QUWTU\]XTVWVYVLTZYhv€{r^WXRU\aZOQSSV^b]MHSVTRU`]^\ZXXSJPNUVNWZPOPGHJF>KRNQW`aZIKLOKRLFDEIKGNOQV[XNMTRKJRVXUSRX___b_]a_\[ZSUSTSSZYXWUUSVVUNXWHP^dbXNP^YRSRY\UMMOPLMPU\XVXXW[_[SRZYbifZWS^cXUUYQSSMSTTNQ[_^\UURQPYZVYXXPPQZ[Xq‡“’€m\ZWTY[WXVTRQ[ZPPTPIOPQRRXWTRQOMOTYcdXJIONLJIKJIUZZXUWWYY\YXVRSWWTPPQTUVXTUQLIIKPNNQUSNRRNKPYTLIHLVUSUVSVZWKHLRUTTTRY_^\\VMGEDIJP[]WUX^\]_`SRUV[^WV[\YRQX[TPT\ZTPIDLTXUSRSYTSPEBJKSQ@DMPTSW^]UYWY]SNRWUVZUSQYTVVYW\`b^ZZah_VYagaTU[aaa]][X_\W]_bZRPLIPNRPGJWhtyrnf]ZabXJDENQOCCJJNZ^XKMOPQRRLPYRPSWXYV]]\ZWRTU[b\\Z[VVOQYWOGGILMTSVRQSX[__[^db]USR\ZONRN[`aZ\XKMRYX`b]SOONFEHQTRRWYSRWSMNQOLBGV\^__Z]^ZURRU[\YWZ][WYZSQUVUTRVRQPTSQWbfgggbYTSTURPQVX\^XX[UPWchgfcggi`Tepohehfb_`_YVX\`b^YUX[XYXY\ac\TS[]^^[^``aa][``ZV\bSUSWVTUWVW^_[\^][MSUSXZTV\\]VTPNQMLLQVRNLS^^[WWUTXYWZ\\XVUUSOQVWPLMVZZYZYZ^ZNNRSTTVYVQPS[[W]_\WSWZ\SMRV[_[ULLLLPIILW^XTSTXZZPSURSUPDN[]Zr|‡“…o_\PFWb^VPTQQPWVG8JVVNAY`bZSPUTMKFOSSYVLIWQGFHDGELKSY\RLPROMRQON@FKIIHMTUKJOQVUPMNZ[VSMNMNGIURPNKKKNQKMRWTNHMVXVPJMTPQKJKQSJGMRUVGENYXSQQXVYZTSYZSRSWTSUW\^[WQLIMUVXTRRKHQUYV[YSTUOPRUW]_]UYYXWW[TSU^]\^^YXZ^]ZZSNQJJFJPZ[PIRTORSTRSQLLMPPOWac^]^WNOPORUVY^]ZU[_TPUY[UQUTT]_ZVZaebb_^^ZZWRXQMPTZb\Z[YQS^fcYVY^a\Xfnljc_`ddeg^PLV_``ZSTY[_^^ZTZXWYUWVYY[\[abbbb`XW[ZV\[ZVRSYVQY]Y[`b\XTTW[]\^a[YVOHLRNFKUVOKNRUWVWYPJWZ\_ZUTXW\`^YZ][TTTSPOSPPLQKQRPQQY\VJQZ\TQTWSWWX[[XQPXZZRNIJUZ^YJHOTXWRRWQQSX_[SSVLIX\R\l~“‹}vl[BHW\VUPQNNNROGBMYSQUQOENSWURLHLOSRTRS\aPKKKMSMFMOPSTRTUPMSSPUZYRKNTUSRORVVJJSV[ZXMAJOMPSQSTPOW[XQJLLCFGLSWXROJNVTUQQUXVOKKPQGDKRZQKLRWVMMKJNMNKOKJUZSQHNTRNMRTXWVYWMKGNTWZ[VKJNVUOJLX_`VRQQJEKPURMSSGBGJTYXKEMHISY[WPS^]RJOMBKPTWVY\VOMNXWYSKFFRRMDMSPQPSU[^YPQY_ZWSRT\a`]W\WSRUNVTTQNOJNXYRT\][[USRWSSSWUNSRLPSVYWRRUMJQPQ\^\ZVYQQNHLOW][[b]WUSYXTPP[ZQQS^`]WUYW@:MVTQHKRPQQQRVm‰ž¢›ˆoZOPJIMQSTRLSOHDTOMPU_`UOJGIHKR_]WROMSYRPYX^ccY\db[[TRQXZVS[[Z[Z[\]YZVPPSTWZUQRQNQRPHMTYZPIKNOPOKU\[XWUU^`b[NNYXUWUURQQSQLLPNOMJPSSVSSV]WXRQQSXZ[YRWWNNRXUMNVSHT\X\^[^^UQPQW[`_QGFTWUTPMOXYSOMOLRRWZ[WTMJWTW\`a`\XOY]cdhkkjd[[[TS`b]TSZ^YRRcjg]MMZ[VVTHM[bYR`rxvkaVU]\VUNTW_^\YWZ]TU\^]_VHJFJJPXbb^ZPPPRSQMMPSSX]]XUNFFQVPGDOSW\[\[TQPKMTZVKPUY]ZTXbbYKJPSRW^\WXWQLJSRQUPKNVV[VMQOINQRPMKKKTTMJPZ__WUQOUXVTQOTUX[XZ]ZZWZ\RIKGLUWOSX_a\V[]SKOQWZSOMMU[WPX]^^a`^WZXYekgiec]_bdjkilf^WRRY]`^ZUUX\[ZXTPZ[YYZWSRMNWWUY`_\]^YPX[`^VNVTTce`\Y[UNMQW\ZWX[ZQNF>FQPJJTWQLLNLOMMWTJPRSTGKW_]`fb^[a`]UTPJPTXXTNGLSYVYZZVLNV\XRTNJVTPMQZ[XVQIHLKIOTWPNOUUSRGNONPQYZYUYYRMUYWWXi}††‚sj`LFNPQVWXWOQQNJIJWTLMSRMLPY\OF@MKGKNSY^b[NFJJIPRNOONUULIKLQXRDJVXSJDDABFOMPNF:BRV]_VNIFOQMHLUUU`bb\PHD4FVVRHKRRSUWTORTZ\[UMLNSSJHIIEBKQNNKKOKJPTSOONV\XNEMVTSTTWZ\VW[^VMNKJNTSNDDERXZUX]\XTRSVVUSSPORUIJOPV_\PBIIFNUT[VISXOJPQSTUSQPW[XMQWW^ZQB@OPQLNSVQNMTWSSMINTQQOQLMTX\QUaaSSWWTQPV[ZQOXWUVZVVXWOWWTQY]]VTVRUW[\]WSNJQ^_XQUYRUXSMSRUYa`YZa`]ZNNRYMR[\][WZ]VGNMMFFMQTQNTULEGR]Yh„’iVXSJCGOONPWWOKIGPXTWYWZRLIDEMQPPTQR`c\W\`ab[WY\\Z]\WSUVWUUXPSTZ\YVQLJLQTRXUV\YTPQURNNNQPJGRLQRPSY]XXYSS[WQNV[XXSRVTKNRRJIGINRT\\\^ZSVWSNRUXVW__WQSRJOWa_TTUNMW[Y\[TS]YVWXWRX]ZTRURLJJPS[ZL8IQVQNHQWY[UOQTW^_[YXUORZ]]egcji[Y\^Zadca]T\a\UaljcSPQSUXYLDWUQXZ`fbdaXT]\[\Z\acdaRT\_[WYVVZOLSSLKVcfbZ`VPTYYRSXUNTXWTY^WPRXZWTUSOU]c_ZXUURTY]VQUUY^YQW`]URUXXPPTRORRSRNMSSUULOLUZWRU\[NHJPMMKR]XKPY_gf^YYRSWZZXZWTRZ]\Z[[]_a[UOFKPOTXY_ddbb]SKGLIMUWRRURLJUZZ^WWZ`^UTZacbbacbjrxxtrnh_[YX`ed]VTXZXXZ[`b^ac^[X[[XVXWW[TY\\ZSSTZ^[RT_fljcWSSKGHNQTWVUWVRRMPQUWSSVSMJJHDHDNRY^[[SNOY\]XYbaXU]^ZSNQUVWXTQOJGGFPTZYVNPS\YUQQWXTPNPWZZVUTSWQMROONRZ\WLCHMKOMTX[UQTYWQRY]daTbnwtkec`WQSPR^ii_YYLNNR[^ZW[_XQQXZRLUVYUPNNXb]TV[OHALONTSRWXRJKQZaUCFIJNNMMKMONMHCIC=HW[[UUVOMPMFHPSQZa_\TOPRLSZTJGOTQSYUUVRTUWSIGGRVTORPSMMJBGFJOOLKQOPPOSMOIJSVTSTNSZ]WQPSSNKKFLQSUUKKT^]WUVXYVVSSRSVRROK@?IQNLUYUTWQJMNS^^YMQRUQLQYZ[SS]_RILPT[_TBHQPLGJRQPQYYTPJFOVTPJLNHDMNLCO\^^XSVVNKRZXYXWVPMMQQYYNILET]a[[XQPY_]\\ZUNLNZb[UVYWZZXUVXP[aTGNY^`aXLORSRZ^baYY]PSTQIJNXXUQSUWQRSV[^Zgz‡’Œb][RRSRQNT[[SSRMNRNC;HMNOQMIPYUTYY[][SU\[[TQPQQSRQRNNPSXXTURINPNLILQ[YTUSZUY[]XNHQWQLPSVOPRSQOU[WX[^_YIPRLLX^[RSOMSSPPNBAGV]\UW]`_TQVNMQTTRKMPTIDPUPS\`b\XUIIW\[ZTSMLKT`bYNPZ^][UTUSRTZ^^YQV]_XKNV\_]VLLR]bgbYUWVXYVTY^itukf^YX^afibQU`]YZbgebVMGLT[NHRMIVXVY^ed\\b`]YU[\_c_ZTW][[\Z[[PMHEJKYbcTO[RUVWWIKRSORUOKPONRVXUQLNQLR[Z[XYSTVZ`]SRSQPPONRWPTY^^ZWSXWWTNOYZXVPJNQMEMZYX]ccZROVSNPVVRDIUYac]XZUVWUU[`^VOJUWUX^`^`ZWVLMPPNLOT`big[HRWZXYYYRQMKNQUVV[XX]_YOVWQNW[XWYiw€ƒ€yqkbe_[^gg`XY][UPV\^_T\^ZWSSUTR]^ZVZcbZROT^WWTQTdhmlcYTQNTWROTWVXXUPOLNQPQJPSLGU\YTUWSKS^a^UQV_ZMKW]^YQT\YIMV\_ZWXTRURLPTW[XUUVXa`YQQ]_WUUNUXTQPRMNNRSRUXY^[QILMOHGEHTZVRWYUW]YZch\Y^]`fksrgYSTSaopdVRUUUU`eaX[YRKON\]W]\QOIHJMT\X]^_IGGJJMRQVXOJGI[`WJKKENXUORYZYPMLJHJJRRKHPWNBDFHUXUMKOSQQJSVTWZVJENMKINSYZTTWPKFCFORRPQVY[UMKMADGFEDKMKIB@HHIV\[WLMIMRVYZTOHMRNGKLR[[SNHJRTVSNNOSNINSQPLPNJJJMPHFIRXURHIKLVXPPUXVUSQS[`\WXYSOQSSOXSKOURPSXXNLNWXQJHEMQNMJGNRMNUZUTTU]\XYYQIMRWTNOLPNOI@MRMLQV\`XSYXPPQZ[YYSPUZZ\]XUZXZ[[WWRHOel_PKIOOVRMMRQQVMWXOJU\cf^TTV][VLOTSOT\ZZ\\Vd‚Ž{`QTSVYZY[\][\[VZTMRRUQWYVL@GS[[SSW]^\ZXWUNORLLNPNRTQHGRZ]XRROKOLHOWX^a_[\^XUUZSRSWZXSPZ[WKJROIS[ZWW\ZPKSVPRWXQRPJOWZ]UMFELPVWVU^ab\VRIAKPTTPNOQQSVTWY[\[YSQDITZ\ZXYUOT\^\QLKQQRLHU\_ZZU][\_^bbUGYXVY\UQTSSdjdX[]XWYZ\\dq€‚}qe``YbfkcUORUTPO]ec`Y[Z^]RQSLNYWU\bld[VY[PFOXVZZ_]^XSVZXTQX^`c]XRT[SNTafiQSUSSQSSYXWVQOTWSX[YSPQLJUZ[WTSUY\_b^TKQRMNRXZSPWYYZYXXZYRSROUUROLKMNKKOPRSZa_XQTRSNQQRUQHNNRTMFISXVNHQ\XURUVVPMW\YUKOVPOPSSOQZ_^_bTNRX`^]_`ZZUXZYXVUUY^][WUZXSSTREKOcuz€€{j_Z\UJXfhf`Z_aWTZ\YWTNNNPV\ZVWbf_[ab[RTZ[`^ZUSX\dgf]VTNMQQPOPQV^_]ZTYVOPLGRRTR]^_^YYUSVZZYYW\a\NPZ^__]\_WIOWcb__dc`XVPPTRQUU[]VMLOMNZ^\YSMPXVTWWQOUTVVS\ZXWQUXWQFBFOQU\XVZYTVV]chfbZ\^csxwm_TPV`nskZ_][UOHLVQRVP@FQZdc[UKKBDJRVUZ\ZU\SRGIJQRNRTPSY]WUVNILNMBHWZWTRVMBHLNOLITUOVZYZ`]WSLMKJJMONPTWNLMQTVOHDUUQPUWUNPNNJLPQXWXUQUYQNIC?GIHEJHHLPMTY\\WTFEMJTYURNKMLEELTUJNQOFRYZQBDNRHCLJKKLIOPOGEBNJGITVSPKQMKLDEPVQPTPJV\\URWYWR\^WTRNLMQTUVRNOUWSLOPVXWPLJHMQRVY\[VTRSVW\VPRLOQSKGMSTQULKUWSSSTTU[a_YXXTSTUQILPP\[WY\XY\UQWOINbcXLOTOB@?DJPTMKLSQFLS`fc[WXUTSVMKSVWUVYTMX^ajy‚€€xcLFINRHLUVTY\Y^[OTTQJONLNOUZVSONQ]_\WMLILVTGCGGNYYRPQV]_YSLNNMOMWYTUZZTU[YW]`YRPSSUZYWVTOPYTGSZTPWZZSNQTQXYTPMLPQUZWUPLDCJLNOSUTZ]YQD249AMMMJSY__[ZXVZZYXTMJSVWXWSEEV\WRKPUVNLLMX_a`ZYX[^ZXZTMTX]VUTUX\YWcg^X]_[UX\`\`n}‚„~rc[WYaa`\TQMPNP[ed\T[YTRUXTSXY^\Z]ZZPTVOJ=DTYXVYaf^WYVPLRYbig[V[YXOX`c__KINTXWW^a[XUYab_WZXUWY][\c[TRRQ^a^\XLO]^YUU]^XTUQKNWZYWN?GOIBHLKIIQSRUVUPU]a`ZSSSMPQKQZOQYTRQG=CLQNPKAFFNORUYTACLORPY__TOQQQ[ddacb]SQVZ\YZ\\[X\`a]TJLU\_a_]`_\]XQX]_hmrvul`Y\_\TYbddb__`_XYabWSSYbfd_]^^bfcb_VIN^de_^SV\\^cgcZRMF>KOTOHIS_b`_]YTHHRVU[^YVWVYVNRTRQTZ][T\WWW\\^^[_bZTRPNUacefa]WTVZWTTUWSGIMQKKQYYPCQZ_[VWYUQ[VRUVW\VURUWTMQWWVTJTWPS]XOMNV`hb^Z^`jsupfVOEViuod``\WTXSROQUWG=KSQJMQQOSYYV\VX^^[[[PSJLSUQLO\^ZYXTVTNKMQRRTWTSKHLF@JOOMMPTQTY[QRWVZ]XHHJRYYSTXOFOTTYWSIOQPJLVWTMMMKQRUSLOOMHMY^[XSKKICCQUONNNFCNSXUCKOMJSMHHKGKHHQWPGOWWUUTOEDNQYXOOFAEFLPJCHIDIMEJFNLJIMJFIHJJQMKSQQRXXXWU_]S_fcZSRTNKFINNIKQTRNJNRXXRHDJQMKUWUY\ZVRMPVWZaZPPONPV\WUUUX]\[WRTVXV^\U[^VQOPPUOQQQVVYSQKPORPQTVZZOQW[TOQG7:DNQORSJIR[[]XWY\\TNKQYZXNPTRMTY\gksƒ‹{eKHMMEFNURTVZZYSUXVTNHIIMX_[PMQU\WSQLLQSWQGIGGMSUUOHIJPUYVRKDMMXelhc\\`[Y[X]][RQPNIOQSWUTUSQYZSLJOW]Z\_XSXYVWXZ]dlnf_WW[`]QOKMLMU[[WQOWXSSOX`\RMLQW]VOQLPXSTWXVZVQIIMOU`aUOPTWPHKW^dgaTMHRZ\VR[`^YTRRRZab\NSTT\^VUPT\a`h‡Ÿ«¤l]YPLPTUU^aa[TPLKPMQROTQOUMMOKYa\SPNQRFFTXOR_`VRPMXXPJNNTPSWUOWWSQTYXVWULNOICFOSVY[ZULLMEPSTVWRVX[VRZ\XRSUQNKQRRHHONQRUSSXTPKIPUPKEDNSTPSURNQTTOOLJQUWWTWZY[ZWWX]_\VUZYVWSTNIPW[[]TSVRPWSHESYRRSTUY\]YKKRYZQLU[WQT[[\Y]iohZRVXbtv_SLP]_qƒwbSOQTQUYZYSURRNMINSUYX[\WLNY][Z[\YVYYWYYSRKUXTUVPSVSWXORZ^`[USSQUYWTSQVYZWRRTW_cb_^YQMPVRHKRUWWY\a\PQNJJJRYXNQMGENTVWWZ[]fbWZYUSRNLNX_`[PMU\_\]^``a]WYTOQTPPPGLWZUUOOKU\USVWXZXQMV`eb^WT^\UW\WSUWac\\^bcXPT\[[VXW[ZZZUS`botpicabb`[VQQLNN[dbZ]^WXZ]ZW_ec^SV]a\Z_c^^Zcbe^`Y\Y\XVTVPMLQYWHCOXSOKMJFQWRMMSRQTQJV^b]XYTSXXZTPHKZ`\TUU[__X^dc\QQGKPRSVU\ec\TXYZWTRLOW_\]YUW\_ZQYZVT\[XXLKJPSURTZ]WSVXLDOQOOQRSTVWWTTOSZZ[Y[_hjd_ZZ_d`Xeme`UD=GOOIRTQWWXRMVTZ`d`WPOTRWdg^Y^UIOQD=GRRLGOWUWYVMSUWVNJWYSGFQTWSORMIPODMQSVVUMD>DKKSTVUMGOOKINDFT\a\SUMLKX\TLLMRUUSQQQTSQU\fje_OMHBNRQPIKUSQTRQQJ@JOVUUSJ==IMNKILQRTNLPICJNHKW[HLJMOHICO\d_x•££—|^TRONNQQWej_WWWNIRXXYVQLNSRPGISY\\VSVSQSMGJNSYWWPSOJEFIGKNTTZZUKLNOKNZ_]]ac_\ROTXSTXUYVRI@EP[`ZSRVWWZ]]^VNKJIJORUQKGIQVWWXXVRKJRZ_VNQWZZYWX[ZUTRWXQKOX\[VUPNTUTUSSX\\WNPTTZ]XT]aZPNU\\PBHORV^a`WPSXY\\URJU\ZPXZSW[SNRhjcb[WUU`qxxpeUSZ]ZXVX_\ZZXSSXX]`]\]_VPNR[_`_elf_W^aZUS]_XU_faX\`bb[SKOQNWSMTVS]UKGLVZ\^[X[XRRTRMQQY`]TOPUVUORPQVRNQQTVWQRSQQQUTTVYWWPQV^`_ZSRTQP[][SUXXVX\]_`[UVZ]]UZZ[WZXU^b]YUSTVSLHOONPYWY]\TV^a]bec\YST\_\Z[_a_XUZ\\[TRS\_]YUUZZUOS[TYbmg^__aX[YQIU\[Y\TQ[]fe^XY^`]^a^VWMOVaieeaXSUSNR\_^^_a_WYVNNNKOPVYULRWQINPKJHMUXUXUVWXZYYYQOTTOMYZTOO`eef_XTVQRY\_ZZ_ZWZYTPRSSRLVVRPUY``__a[WUPVXVU[_YVQRLOPSTOOUVNZa]\WYSRW[XTQJKQU\]YUPLKDAEPY_ccc`^^TV^`d`VNJQZ[RMDPZ]]YINJBV]ZQTXYYWMQUUZYVOHT[^TPLNURPQUPJMJHKT[XPQUVVTROPUWWPQT^XUOTSQNRLENVX[TMMNPQQLIOUVNXc```]XQPY\[ORYTNORMMSPJPX]WPLOMKRWURQPQMGPZVTUSVSLHBBAJMIKMQLPTWPNOMMJMRQVTNP[faQX\TLNKBHSONKFUWSLOTVPPNINPNOWVUWYVUTTX^YU[WSQTVONRVYSW]YX\ZVPUWWSOJHTXVPQURNSSTTPPOLVbgfaYWZ\ZYY^`^[ehgXIPTNLSSRPPRRTUWWTXWQQTY_ZUWXUQOWXYcc^^ZXTIMWWTWNDKRQQNNPSWUPRX\ZXSSTSPNVYOORTWSNRTTOLIOQKMWZUVVOOTXWTFHNNPRHJRZ`^```f`POYWTTQSSVXURWXVWYVZYRKEKSY^YX\[ZNJPQQT\[XWY[URTUSVX\ZX[\URQQ^[T\chiloh\]jnib__YVMJFRMHLOQ`gbWTQPTQS\_^__``XPSJQYUWQQXWZdhlibWXPHLVZSBIO@PQWYVT^aZOELWWRSOSYb`VRSRRIR]XOMTYYWVPMLNSWWTW`a\STVWWXY\YQNIVbdaWNELVXUQUWY^ZXUSVUWRPSSXXVUXZUUY]_VPOKKMRTVY__XV^^_\TGEHTY^YX^]VQUZWTMQW\XMVa[OFHW[QReg]YjnkedfaY]_^aghdb_YVSU`\Zaa[PORZ_c_^YRT^_YOJT[X]^aac^WQVWXCGJRYWWYWXZWZ^`[WZSTVYTQMRSUPQOLLMTWOUWURQSNPW_c]YXTKO[_\URTZ\ZYYPW[\XTSXWWXZ[VSTWWZYSQ[]YX[VT[`_\TMLJOZZXTXWZZ\\XUTTVRLQTOOQXWWUXYZ^^hjlaWXX_`\TRNOSX[XZWWTVVXRI\`_^WRHDS[[TLOU\XIECGOOJUPGUXHSSOMQNKHUVRUVVULIKKS\]RNUY][VRYXTTZ^\YW[]VLQMFGKRSPKFGS[PLMUVYX^`b^UKGOW[XUPJGJNV\XEGHIKPRNJONQRKADRTTSQKKHNI?DGPTWPRUTRXVSQOSMEDKNIIRQWXYNHWYTKGGJNUXYZ_WSTROMU\]XWTRPPQORPNLFFJQXXRRQTVZWSIJTXSNLLNXWORTUZZSKJLKOUYUQLOQOTU[UNZ[XZ_ikaZ_ZWTRQQQQQSTWUSRQRRSYYWSPRXYKPQLIMQSTYZSSWSU[QTXTSQWX^]ZVULLNMQPQM@FJSXWKT[TV[UVZXZ`fafjninxxrjcXRRUUOTdpm_QNOPNNTQIOPY_YTOOXZY]^`b_TMMSSRTMPTPPZ^WQQNSWXY[YVTIQ[WPX]^^dda^[VSRLNQQVUWYXWZTRRY[\VP[^ZRKINOJJRTQOOMRPOVTQPSMIDHKUVYXOOPVXXTKIORPNOVTRTRPV[^^VSVWXRNPOLUTQSVRWZ_]\WQSVUSY\Z]b\TMRLOTY[WNNHNSWWVRTUWXSJR`jlhPERagkqxuniij^_aZUX][TWYRPSTSTQMSNSX[X\\_bYYWSRWR\dgaZUWVV_ghkieXVIGSZXPOX]ZPOSSRWWVSLQTRPTSVUWYSVSPMIOXXQIPVVPUPQQRWXU[_`]]YURN7BIOSSVRLX\ZVOJP`gb^WZad]POMSZYYTXXUWY[^[\\V[^ZNKLRWVQPRV]Z\`adaWMMQ_ff_Z[[]WPQYWSSZ\[QTZNQUVYYPSad_alpupptphaW]ejgbY[UWUW_bace\VYZ[_^ZWOLU_fc]ZZY_Z[WZ\[\]eg_ZOU[a`_^URROSYYUQTSUVPFJMRVTWXXXWY\YPS_`[VXNPU_aZVVSKLU\][XYXTPQSWYWWZUOUX[_[TPY[[ZS[[QLSUZZVR]``\TNSVWOMORQQNMY\ZYVRPSOTYWPUSTNOY]Y`XakhaXYZW_YTOPRTPWWVYVRSROMOYYX\[TNKRWWSHGSXWSOPQZYLJGDT^ZVULKRPEJRQNPUZZUSNKOY]ZQKUTWTPPOJNRXZZZYYRJLIIV]]WOLPPWa^PMQRIEOV[^YMKR[\\[WQIGOTZXRNGDFKKMOTUU\]WRSSSTQMACIFJGGJTUNOSOPTVXXTUSMQPI@GPPLLJJJPVPJIJLQUXYZ`[VXUQNRXXZZXUQQRJHONOKOKELTTRNPRLRSNIGLPTXVQW\ZZWV\`YTRSRTTTUTNA>FPTSX\WQV[_bcWV_`b^WORSOLMPQUXWQNRUUZb\[Z^\SKNFLNUZY\XQPUVXZXWTRVTMT_`XYVOHLUOHJSTSXZ]]`b\JMQIIXWPOU^ajmnrtpjf^UU[\WT[dfh^TNRMHOXZWXYU[WUVSY`a]Y]]_WPPKOPVVQUUMMRLJTXYWIOSOSYRQ[[NRZUUZXUXZYZ^XWXTUR[]YOKNOQSX\UQUZWTOLOSJNRUZYMNWSJTUUSUWVTONUXWZUVX[ZRJKMQOPSW][SSVRUY\\WTUYZXUYVROPPWXWY[[]^[V\b^XV[]ef`[USPIMPOKJBOY[YUUVSQ[f`TYp|ƒwk]^`jkt|{sh_VSZ^[^gc_WVabZXYXVVLKMPY\\`b``^]\Z__\]eda^XX[[\bfc^[T\[XZW][WWYXNVTQPOOOMQPNOQQV[UQOPMSPNJJLLLIQYZYSTWVMQQL]`YRQSLUVGBJPPVZWKHQVVPHQ]ba_ZWZ^^WVWY_^Y[^YPNLPXXXZQWYPKMFKRXXQOPSY[Y\`]UXXWZ^[VUTZ[YVRS\^]VXUX\YO^d^ZSMTZZ[drvusrstofWT`d^[[Y^_VMWX\^c]VYXWSSSOMKQZY]]cdgecZYWV_bdgge]ZSTX]`]VXQV[ZRLPPMUQCDKOWTRSQROTSWXSR_f^_^TSZ[]\WRSKQZ[WPUZ[WWXYZURPNSRVS[`ZPPWZ\VV^aYQSRUVPPUWXONQ]bbVRVUMECGUVPNLKTWTSSWXWZWVPSVYXRYbdcbd\X_bVDBKTQJLMQUSRJ9?ELO\]^\X[^`ZWXZ\ZVUWPRWRSPV[X\]ZUSVVPQPURUWZZW^]ZZYXZ^\WUPS\MGKOTURX]ba\]][TNQV\]PKRWZZTRNOQW\]\WKQWRL\a`\emphef\QOJJJMMPLUXTPLVWZUNOZ[\^\UQ[]Y^d]NHQVX]VMNW[^_^^^_`ZWRKLTQSXVTRIMY[VVUTTWYUNPZXSJJRWYZZQSVb]SSMX^aYWZ[ZTVSIOTURQW[UNPSW^XTV[`ce]USUWY^a_YVVUSMJMHHHINLRXWC=IQVPKLMOPSSSTOKOTOMNMKQPNMIKLLNMOQSSPW[\YNNPPMLMRPOVYVMNX^[QU]YKGIMNGIPLLPY`[QLLNOSTPLPMNQUY\Y][`b_XVSZ]Yaa]XY[VV^^_]SV]ZX`ge]YXZYTW\\RPTRQTX_ZRNONPUZTS[XT]VQLTTVUUUY\Y^faVTX[VRSNKVZXQT_]WPYc]XUQR]_[RRV\Y[SPKJJRS[juxxnf^NQSVVOUVZ`bZSRVY[XQJKMUTINNGMX_\ULJOUSSRSTUVSNNSYYURLENRUVV[[ZY\[QOSJIJGLLLMRRJMHIHGBNRQEEV]YQMMLRPTXSOSTTTSY[WQPLQROQQKJLOSQKNRLRRONIAS\^VNTYVRTXTLHPWRJPVWRPW\WRZ[TNOWXTQPV__YMLHJSWXRRXWPLTY[WUKHGJRUXWXZ^ZVV^^`[\fy„ylquywn_TGPZWELY\b]YST[^^Z_\SNOSU]Y[WUPSY^b`[Xa\VRKWb[UWOITSKLU[\VNQELTVW[_\USQMIMSUSUY^^YT\\[TSSPJJLFDOSOXVX]YY\[UUWZUZ[Y[\YWRQY]_`\XWZZUSMPTYZ[UKTZ[YMOW]aa^[[ZXYWUOX[XWVXVRQRSSROSY_gif^WMVRMY[WUXTJIRSNNPTVX[UKPSX[VQV\YSX__`]UTZcbdhhiqqf^_gjed`[^^SIMQUXaakk[^\VSW[]]X]UOQWchd_bgbWVUWYaeSU^^W\YXTY\ZSRIKLJHSTLGC@LRJ>>?JPVY`_`[RURWXW[^\XVXVUX[UPPQQTWTRPX[WVWOMRQXZ]a`[W[W\\][XSS^WORVTYYXX[[YTTOORUTZXOGOVTRX^ZNJW[SVZSWWSJVWTOanxtfZOTYYSQRSSQPQMOQWXVYQQZ`\\VMPYYWehcVLRVZ`]TPT]dg_UVS[VTURMOORRYYXSIK\]UTORWZWSURROPTUXWX[WTJY`[SPOS[YURURQQNIMU\^_\VWWTUQSQPOLNR[]ZWWTPOOUWWYRSQOSVSUQPQLMXRJGOPPKQSNHOSUWZTSQQPTRHFHIQNNQQMIKHDGMEOJKPMLKJKNPJHHQVQHKOXVKR\\XSJLSPLWXSJMTQNINNSTSRUYVUSPS`ipi]`^[QKSMPY^\Z\^]\[X]^]VXWQW``[[aac_Y`f^SWVSY^c_TNKFOXTQRVRX`\OPVQTW[XWULT^YNJPGGMOMPT[XMXcc^ZYWUSSQTZ[_ZQXWITYSVQJMKRgw…†€j`RTWYWSRWY`eb^XSQXZRFILUZRUXLETZUNJNPQOOOMKPJEEQTULKOKJPORQRURUUXVOIFKQOLUTTJELMNMKGRWXSNFAGV[\WNT][\ZRNPPROSZZVRLKSVWWXXULKXZTPMRZZVXREM[XNFHRZ]]]XMIIQSQQQPQMRXXXUVLHNPTPQQOQVQDOTQTWUUWVWPNWYWVPMRWWUX[ZONUVPV[`^^_it|{xz}|uia]STZVOILQQV[UVX^ba`_ZQONT]WQXSRTb_Zdc_^ZTYTR^ghd]KJTNNW]^[_]TQQTZZ_XLKGM[_^WQYa`VQMWVLMMLPKJGMMVZWVQSTSRTU[^[[^`_[[VONV[YX^^UVY[WUTRY][\WPOSSURW[YZ][]_ZSVZ[TOECHOYZTFJOQOPTRUX_]YPFKMPSXTWZTMIFJOQWTPQRPLKSVYTW[XV\[]`VXVTT]^U]`fpvvoihi^`kibZQLFQVWWdlnkfaXUVXTUVTWZ\_de_[\`[ZY``_\TNU[RQMTUPRXVLF@PXUSQQMSQNPYSJIELTTOYef\PB?JSLLOT[USNQSYWSWYRMFJQSVVUTVU[\XY^]YQS\`]YW]]URUXTXYXWZZ[[TVVTX\[[YXYYWRSWTRY_b`ZY^WJLS\e^`YUQUapvxna]YXXZ]]Z]]VRIHOW^_[QQ\]YROSRRTZeid\WXWW^_[SUTag^PQUPWSTYXZ`eeb^^\QS`a\TUSWUSU][TSWZ\YVUZYPOZ_XOQXZZYTOKIKSXTT\]`XRLORRLNVXRMFJRX]]YRHNSOJEEKQRUTQQPVYZYUPKLIIQSLPWYQKNQSUSQWSNSTUUOHDPTGNNFMSSLKIJNBGTSSVSNQJGGRVYVWWPOVROTTUWPLPKBNSPJIIJLJLRVUKIT]`[RPObmrmbVTX`\WRX`a]ZV[^ZZ[PIQUWYTWVROS`irqn_\YXXTNGQXSNOQSTZOFNROPUTW]^]^`^\]QGPVVUPMMNRRRNMTVSPZab]UMLMQRRPT_a_VPM[YROJQNPS\p{yoa\ZZ[_ZZ]_`jlb\Q@INSUXNNOJKTP?GKEGPRVZYWRIJMTWQNNSQLMRRQUROTWVXZWTMDBPVQMRY]YOQ[[VMKNTWPLLWWW\[VOW`\XWY\YXURUUUVWVMLQRQTYYPSWXZWOQYWQUSJBNNNECLTVWUTKINVVS\YSSQRPRX\[VPPW[WXZYRQMIUZYZVMEFMNUWUZY^_WTZXSQRURKVXZZbea\bdnqpz€yse\_[UUWXVQTT`_c_UV]^[QUQKORTVTVTR[b]]aeaYYZYUMX_dcWRGEEO`_]ba^NSJLMU^`^XSR]`ZRPU\^^\VMRRMDIIMRVQT\]]WOOOKIJQZ_\VX\XVWVQS[ZWTZ\RJSYWY]]\\XPQTROPKJOTTVUX\ZVRMQQKLJLJJSXSNKPRQVURSX^a[SKRVVW][ZbbWG>NTTWXPMMSY[VST_aYU_fe]XKLONTZ^WZ^bnz‚‚ue]VXfjd[Y\YSQMSWclnl`SDFPU[UMPUPZa]US\ZSQTWYWTTSYVWRPUXRMMOPLFJQTXWRLNUT\`^]UMLVTEL]bZVTVV\[UNQY]\Y[ZSRW[ZTLKRUURSRSTZ[XZ^\^YJT_dc`\^]WTTMMYXVRTXWUSYYUYVRUURUPMPQPTZ[XY[\a_]VRT^hppjZVY[dq}s^ZUTRWW[`_VINMNOW`WIERZ`]SPNHOYc_XSRWYXU\`Z[\ZWWZ]]WSUMRTZchiea\\ZV[[\ZZXRRRY[VVYWUU[YSUXY]^^WQNRQQLJDNLHRZZQOUTQPW[ZVNVX\ZSMMOPSOH;FSTNILQTQOQUTNTXUUVTSNGIIRVXW]WRNKMSMKVWPMSQNRUQKSZTPYYUUTKGDIJJQRV]a^UOQVZ\\US[VOIMQNPMSYVLHB>NMJHMMLECKQXZVNIR[TQKPT`aa`WNU\`XV]ZXWVTYX[ca]INSSQPTWPKMX^hssfZ[\TJIKTTPPX\VX\VW]_``XVUY\\`_XSVRKET__^]^[\\^ZWWVSUQ\ca]WROZ\UMT_`\WOR\YOSPWWWY\^^ikfknk]^\SLLP_km`XXSLOSYWUIDFMUULRQHQSUTYYRNMLQQXVNIORNJISW[ZUXXWXYZYOJIJHKJHJPRQWZa]UPQUVMJMVXYYVSSUW[RX]_]VKJPPLTZXRPURLP\\VRQQOIEDBBHUUNKNQPMAEMSPROLLOOLQ[\XWVRRRTZ_]RLQXTRUXVQPSW\[\XVOFEV^]ZWV[WTU[WHEOUPHQWVST]_^\^chjqy~~xh^\SMHHOTVUZbf`ZRLQTTRRHAKMMWZ[[YZ][WXZXTMQMNSX\eg^SNKSYVWPUYVSYSIKP[___YSVYQKQXYSUZTFMRPLLKLPPPUZ^a^UMJMQUV^cb][ZTV[_WTSSY^]_YRRUPT^\WXXQVVRRQOKMWXT[`_WX[XXSLNRQOLRYZNNUVRPVUT[afb\ZYVTPQTY^b^USRLFLVZ[XVXZWPV^_QO_fd^QMUWNOTUOTZV[o€…€g][[^b`[`a]\TRYVX^egd[SLSZ]VNUXX[dc^WY]VU[[\ZZ[XXXWbLKSXYVSPRPOHCNTVUSPRPUVV`[QV[\WNTX^]ZVSVZZUKOW_abaWV^^XTQTXWPPVVQQQONLRRVVRU\\][W\ZTNMKS]ZSTPNUTPVWTXVQLFGHCNTQIFW^VKHT[\`^VTW_kmfXT[ZXn‚ƒ|jSKKGMPQWWIGLIGKRYWGIOU\]STYXWVTKDIRPQPMTUOKQWagg^YQKTRQW]_^_^YV[_]ZYMQTLPRQPLIPL>ATZSJTYXWRSWXWRSQSX[TKP__VJHKOX[Z]YWXWIRYXRMPOJGGMRWTKITSL>JOSKLQLTSSWSFMORW[\TKFGFMRRUXWIIOQRRQSNZa]TTWRWYRKLMORWSTWPNOMRXVRPORURFCLQOPPQXXQKHLG=BGLIIGHKOUWYQNOPTPRUUVXWYZ[WWWZXVSLJLFMQT[`]JEVYTKMUWPNUXT`e_[QOJAFMWXPJV^]Z[[ZSRX]\YWUW[\XROWZYXX\_ZZ^[\\WWWZXYVWU`b`]_YRSPOSQSS\\PUFCRWRT]ded]Zcn~†}fPX[TKJWhgUSRWNQPTQLCFGNPPMOPOOVRPOHJKMMRQMKFGMMRTNSYZYXXXXYWWZWPRJEBEEGCLMLQWZVW]d`LFNQTVXVTORTUWTRSVQMMQTTTVP?JPQSOQX[XKEIUYTNGRYXUUSLGHMLMSTOIGNPPMPUUPNPSUPQQXZXRRRSRSVVRTUWSX[ZTLOWWVXXUWTUSVWPFGQSLOUXXTUY[[VX]cgks{{qj\\]XOPPTWYY[_da\YUMRTXSKDJSZ`ZYYZX\[TRRSSWXTW\WY`c_XPJRTIJQTTVZ\VSQRUYSSRKSYRQTTLINVPJLIKOOOLOVXWYZehe\OV\^\Y]]_YWMNO]]UOT^b_]YORXSS^ZLPTX]ZYSSNPU\YOM\WNQZ]`[XVURUZ`b^UUYY^__^Z\ad_\XZ][RJV[[[^\UQNLNSX^XQSRMQVYYY_fda`[]_WNQWUTYa__dt{uhedbfa[_]VQQTW_dhee`Z]^ZXTTSUX\Y]dd]VWSY^_^YWY[TQV\cQX]]WKA@MRLKU\WVQLONNMUYWPW_^]ZY\^ZSVWX[XVRLM]b`_XX[^\\[WRPPUYXPMNNNFBMUX_b\PUZXY[\XV_dfa[TOPUZTLQYWZYUUPY\Z_XPNUYY[^YW\b`RSR[gkkaX[ZWgx}zqbSLFMSUQQNNOPQRTQOHHSV_eea]]TVTRTWQONJOQVLFIT_da][QDLXTOMWZXYPRV^^XSILVWVQPQOMRRMITROHPUOLNQOZ]YOFQUVTSW\]SD@IR^\TUQRSQLQ\XX^YVXSPLPWRGEGJHECJLLKLQSORUTTSQKMSSNNLLDRRRRRPLHNX[ZVQMY_]RU[Z[\VONQUVSRMPEETUU\\TOMOQRIBKTONJSRNLNPVPCENKHEILPRVXVNKPRPPRTWZ\ZT\baURUWSTPIOJLMHJSVNFRZWPPWZVOU\ZTX`^XOOVVUONOIS]XTWWQ>5DOYVTY[YPPQY]^_[Z\\\WXQMSWV[]YZ]ZVUNQUWRNSROTPVZ\]WSHHTSTMNU]^ZTU^p„Œ‰{bWYUOQ^d`]ZSMOPUOPFEMTQHFJLKRV\XXWMFOILKLIDCGJSTVSMKMOLNLPVVUQLQSSSPNGCFOMJNTVQV]d\NQQNNRVYWRUXXTLN[^TQOLQQSTPKNWZ[WKOXSNKHQXPLQRPORRNKNQY[VTRMIPROPPRRJGEHOV[^_WRKGEIVXQMPRTTVWXYWMEGTTNS\WXYTTMHHIISVVTRTZPR`f_VR[esvxib\`_^ZURVYVRXZ^``XYNMMPIJJRY`gb^YYSUTTRVVTPSRTVUVTY`^TECMMIR][QLLJJEIHLRYa`WQTSST[ZRJJNRKKMPLINQNIGMKNLFDMSUQTXVVUWORTWQGESXXRB=DJNKSSUZZPOQTXWTONSK;JQPSVUSSPOUSMQNJKV^ZMFOTTSNJLKHGJIHKNVUNQXUQISX\^ZXTYb_\SMRRXXSMRPWUIPTPHLR\TVSSTOTYYWXZZW[[]_ZOPSPQXXZ[]WMJP[^TL[\VNLT[WSTYUR_`^[WTW\VSWSQWZSP[]YPOPRF?GX^Y[YRYZIKMKMT\XZWUar€wg]VTW\gig`ZWY^[TROORSYTK>@JTZ]_`ac[WXQMKMMLNJ:LVSNONNHEIOUVU\[PIGMLOJ@AHNONOSSPT\YYU^]SQQW[\[ZXRPQQWSHENHDGJPPTTVTOHDMQLOQLSWRMSPKPUMLQUVY\XOLLHOPJKOVVOOSQQSVS[[TKHKW_WOPPLPY]^ZSCDHC?ISYab`\RFJPZXQTXRSUZ\VW_c`UKZgxyc^]^`XWMSUWSMJUZWQ[ZTOQHBIR]^ff_XXTOFJLHOTZ[ZWXYZZWWYWTPPILW]^YMLLPT\g\NLHC=DIOXYPUSVY[YWRMLIFKQRTX[[U\a\ZPEJJGNRRTNMWTZ]a_SKQZ^YUUXYXUQRT_bd_]YRUWRQV\XTQQSTQPSTRR^bZQQXXTTNNLQXZWMUcia\Y[`ccZOOPX]Z[__^[YSQQNURRVZMOQWefXTZ^[STXWTXRPLMUVbv€ypgg_SNTYZTINRRW\[ZRX`aa^\XU\`VQdhh_^YUZWX^`_agcdb`\`JUYTOUW^^YTTTSY[VJMKNMJTTUZa`UMMORSXY[[TOKOTUUUTPQWUNTRRU\XNEEKWUJLLQPMNOTS]_`[XW^]X]dfc_UQUSVRNU[[__a`_Zbd[K@2@ONOSSWY\ZLIVVSQLLSWXiuvm^Z\ZXRIJVTNEPQSQ\^YQTZVRU__[VXUa`RKUYSMSTQLV\[^^\b_UTbfa[^YVTNLRTZ\VSUTQRTUVWTVSOKLILSNLSURNORRMSXYXVRTUOPILTUPJJUUMQMEBEGNKILUXUQTTST\c_ZRQTSOSSJDJRSQOMNQMB@PRLEPUTQWWMRV^\K@DMUUKE@GJNRTSZXJLRUSTLHOUPDEOQKFHLNMKMIEKNFLV[TRSZZYRUPNNHPTOGFKTYUUXVMJNSSSSYZWWU]YMIJTRIEJNRTLNRRPGNWYZYSOTXUOSVTSUYWX]\OHGGPP]_be^LNW]^XU^_RLLQTNLNUZYZbc[UUW\YSQPX\^YYYVZVONVTIPSZTOSU\^UNVXUUYUWUUN]fka\TPUUP\^_`XNZ[TOLQKFKOOGGJQRUTW]a]WWZPPMQSRRRHJQSX]^\XPLRSWSY]WONHELTPKBNVSTUQMMRQVXVURQZ\^_[YZ[WYZQCCOQMMUUVTQUUSHERRQGHNQ[\URWWPVZVUYXUUWQMNQJLLJLLPRMQVSNMIHROOMLMU_[PUTY_a^USOSQHGMRVWY\[UOPX]]]VVSMLT^a\ZYVZVV[ck|‚}sdZWUSUKLWZ\UNRYUP[b\TRJDNX[[X]\UNTPCFLQOTX]_ZOPX\YXROWTPNS]`ZSE>MPHZ]UKHISPOEN_aWS][SW^[TNLJKKIHDFSYUUXTXTRURTQUWRPRRQTTRMLJLYYWTSMOOORTUZ[XXVY]ZUWZ\UIKNOSSWZPMLHV[QLRTXWVRMRXYYYUZ\WY__XPZ^VWWPSSUX[]Z[Z`_XRXXPNPHGMU[XTPOVUQPRTOTX]\YXU_s~~urpic^\\\VTWUOY^]ZWVZZXTUQUY[\Y]_Z[[S\`eec]`cdc^^]^\XNKSTYYYXULISXWWVQLOTRQTYYSX^[QMMPNSVX]]ZSROPVYYSNMVXXWTTVYVNIHSaaXZWNPOTXYW]][YVXYZZZ\][ZW\a_VPQLV[[WUXSNUUUWTONTRRQLKRY_WTWUPRPSV\frpjeYUZ]YSSVTMOQVXSPWXQMX]^VY[^UV[[YVSWVVUMIJIKW]RQS^hf\Wcme^\RJPT[ZYYSMQONOWUPRRMOQRRRNNTV\^ZVVWVPRUWTPVXWVTNKNQPPOORTSNLNNGMQHC=HSUPLILV[[[YVTPMTVXNKHGMOMRSTPONIJIONHDMQQS\^[OLOMRUSPTUQPTXUUTOOLKQOMFORJFFRVTRRPOR[PIFQUSOTRPOORSUQHJMTZ_^ZQGKUUWZVXWYPOSNNT]]TTaZPNQWQQRQLQPPTWPMRWVZ]YYMPSPORXSONRNPZXMKUSX]YY]aa_[WYSEN]]\\Y[ZUQQQQY]__ZUWVSUWVQIPZ_ZXTTTMPUPMAMTO>OYWVXagkbUSRSRSQERWVUTLMQTYX^]UIOMEFHLGGQXSKSTKGHTVZZTV\`_ZUQVVURJEILY]][XRSU[QNW[WSUPDKWYSNVZTPUKEKGNXWSXZW\`]YUSZZUSPFDJTZ[]][UYUMOTORUXULNX_`ZMO`_YWXXYSVURSSVZWUMGCNTUUOU[YWXUQOPTWWVYZWMGR[baSMQX][VLHQRSQVXVV[VWUQSUMANZ_ZZ\VRY^]\XZl…}m\aXTQKFUabZSPUVWZ_ZRRIHPY\WRV\WQSNIJMNOOPX[\YZ`a``^[ZXMLW[SNNORW^QRVYTSR[bZGANUOQO[MQWULORNGOSTRFNPPW^Z]ZTUQOU\[VUMMTTKBI[[MOTZ]WUTVVWUWZVYZW\a^W]d^XSQX\ZSKILKTQT[[YVUX[\\XWXTSRUZTRXZ_ZROUV[ZUQMHSVMNTcge_]`]WU[]_YZVSXZQUVTQPSROR[ZUX\boy|wrplfd^`]W^b`ZY][^^[Z^TIM_d^T_a_XOXUS]eda]UX_]]bb^]VMOHMOSY\ZLGRWURQTQOPQSQPUX[SXWPNRQOORPS[YY\\Y[]]^Z[WUW__UNU\YTU^fgb_[ROTXWX]c_VSVZXRU\[TQRR\b\VOLQW[a_XUSKKIQ\a^XUWSSRPQV\\WW\`]UUW]mulfd_TWY\W[`UKOSX^\VRSMPV\[RMUYSQRTQQX\URSRLJNPOWWSX^c_YWbd`X\ZNJV\[YSPRSUUTWZPSQNX[WXWQJS[__`]UVVMMTSPJFJQLJD?FHEFLPRYUOPLHEIPRVPO[`\TOCINPXZZYZVQUZTMNJHNMOSKEMRSPPLLEEOUVSVWOHMPTQJQWZ\XQWXXTMHKTLJLLJOQQUUOF>KQOJOTSLJJOQNKPSTMIGOSMJOS_bb_^]]]^_]ZZ\ZRKUUX[a_QOa`XKPQPQWYQOUQW\\PRVTUYYUOINSVUQQPRPPUVSPSUV\_]NOW^gcXWTKFJWY`_YTQSSJOTXVTONSSRU]ZNFKY_[WVTSQKQSRJJUQOW\UOYajrfXQSNMTQCFNISXPGLZ`_cc_ZYTPUPMIMSTOMPMBJSVXUKLRZ\\YWRRQQTNKE?ESSUYVOPVQLRRQTVUIANUSURNGKKGJMNOTZ_ae\PRRUKIW]WPOMLUW]`_VJMRVTNHHKMPUPTZ][XSPVSMF;AUVRJPPSTVUVTPMU]^WROQMLTYVQTYWRRVTPOPVYXTNRUPYXMBDQXXVVZTSSPLQQRVKISW[SYa[Yba\WY^u„Št_^UNNHBMTYWRRRXZ^ZURVXYVRTVVSQVWREJNQQZZXW^\TO\]\c`RPRVQLIRNNSROPGFIMSVV^ef_VNPY``[^LNNMJSYREWXRKJMPR_ddcZLTWQV_]\]WSUVLHW\YSOVTVY][]TUX\_^\[\bf`[_YWbd[\bd`QQSMMSX_[WXSQU[\WVX\]XW\affcb^WUZYXVU\\UPQMNXaeccbdc`dgkf`YXQNRS\_]UMTWWTZZNPWapz€yspe^bba[\a^de`]SZ`^b\[UW^aYOPTQOTZ[Zaec[U[]]XYbgh`WVYSUTY^YRX]YWQSTONRQVURKX_YVXVURPKRRQRV^\UWXWZbbeb\NO[[TTWZXOLX_]]XURPNUXUYZ]]W\cd_^\[TQLHTYQPTPJERY[]WPHWZVUae\TPSQRVV[][WTZ^]UU[YZ_O[hmm_YX\_aVOOOWXURVUONU]]VSUWTPRW[XZSTX][YWVNDMXZac]WVSVXTOMVXSMSZ\][VVWZ\]]ZMJKP[\ZY[VPOVXXXRNVZPIRTVUUW[RKI?INOSSU]\TTQJHKSW]_YRY_[SSSSROOUUTWWSTSOPWSIFLSRDITYUPJQSQINUURSWTTHNVMNVZWXZUPPKHJKOPMAFKOUTS[WOBMSRTXRLJJJLHOQNOROPPUXUKMHORUQYYac]SYYRSTSRVYWSW[WMRZXURTRIMX\USWTTTWPMVZXRQUMMUZ\RNQSTROVTNNQPNRYVUKNV]]YXWRSQTUX\TJBLNHIZWQTMPPVZXWUSNN]a\TY^^_VY\]YX\[WY[WOUX\f^PVX^INOQNLNSTSOSSXPS^YXUMNUPENVZRLRUTTX[\WOAAIWZWOMSRFETWPNDLNNTQOHHPOLLLSYW[ZRLNTTQNIPVPPRWUYZ^ee_X[`[QIFNQPRVUUUV\XLLMOZZSIBJOQQKMOX^VSQTONJBKV[XYSOJLKLQSRDDRUQOVXPORUPMSYUSUXVQRTX^YQS[ZRPTVTVV\\\ZWVTTUTNOXVTRXYQWbd`cie\W_Xc…ŽcVSPMJKHPVSKPTZ_ZTHQSTXWOCMSSKJTSPMTRST[Y[`d\OVZV[XJGLUXVQ\VNTUVLLNNIW[Y\ca\SK=OWWY_SQTU[WSPTVPHDINV^]Y[VDJQRTZ[\XTOOSYWUROV[[TLSWSVWPS[YXVVZab]UYWV`^RX^_`][WFOVUTQPQW[WRTLQ[Z\[WSPZ`baa_^[XTRTY\YWVXYZXUWZZ_a^`ee_XUURPSW[ZUKLQVKT]ZRUXWeprurmdcgec\\^`^dfZVW\_d`a^WXVSJ@8DLRXYZYYZ\X\``ZU\`c`Z[`ZURWUROVZROSNQSKKRQXYXVWUY^`a\UPPUZY]Z][X]Z[X\WXTPU[^YQTTKHLMRMNOTWWTX^_VRY`XZbea]]XWZYRJKRSNJQ\][\^YQU]`SPcf[QOQNMS]a`]WPRTRWX[[_fbdjlqi^^emicYSVZXPINQNPXZYQW]ZWOKY`_XSX^ca[[[UNIJQV`^ZWNOWSSJLZbKU^ZZUUVPOJPOOJLRZb`aa]UKOPLQNDHY`ZTPOJPU[]WPFGJMUZVTW[Y]XNLKLJUZYRKMSVVOLKNPTVSNRZXQLUWOIEIQRSUW[WOEJQTRPRRLSYUKBGL?DURPVZTMJGGRSIEBKOMEKLSUOPSXXVX]YOJQSRPLQQOSOMDPUHISONNUWQZ^f_LNYRQSUW[ZVSU[WUVX]VFILKHJQMMQUSJQSSY^VLYXUWRW_^[UMGDLUYQMUQMT[\VPOVZ\ZQNKQPSIOYWSPNQKFQTOKLORRZ[UUXWV^dZDZa`^WW[Y]]TMOTYWXWVLSZYY^_YOTYYQPQOLLPUQKQTZ_`YVUUMQY[YNMMPTU[\UMGAJMVSQRORVRLRUSPQRMRL9?HQYVVUTTPSZ\YPQLMQRPVVUZWW[]\X[[_dfa[WXQNKPTTSMNUWVLHHTXLJMUXYTEFO\caWVUTQLPQOONRSHJQQDIORLDSTSQWZXRRQSUTROOSUXTUPJPOKQUVQU[a^WTVWWTTTSQTTMORTU\^^UQ[ZZad^T\``Ui„‚zaWYZZ^^SLVSMKPVYSICPXURLJHHNSSSTVSTSUSUSIMX]]YYWPOPTWUOTVZ_]MQZ[SU\ZT\cbaaXWWPGEJEKVUVWW^ZMKOOIILCJPURUYWNGKQXXXYXWQRUZ[\XRUY\WTRRNRXQIRWUMLXbbYUTVZ[ZZ_\YUTZWSTOJQVRQX^[XUQWZ_Z[XOPW[edb][WTWUONR\b^[c`TW\a]XVchgb_U[_`[YZXZWRINRPTYUSUO>Qamx}uhafc^Z\^a`ZZWXX^`fe^]WX]^TMSYWRO[[\ZQ\d`a\STVXYYV[``dTUOGFUXWPTTSUWROMRS\ZRLSWTX][YYMP^_bc^YVZ[_\WOMVW[`d^OHLHFOTRNSV_aZQV\\TRU]][cc``[VURQSPUZ]XR`kkf[XQSY^\PQ\]\^_XOSR^_[XWVMIJQSTU`hfc]cd`\akol`TUY[[VQMMKHNNIGPRVZYNLX_^VPTXXQRWTLKMN\\\\\LIUXYXM\X`hf]W[^aXPLJLUY_^Z_\THFFFJLKF=DQYXRTOOKHQUTRSPLMT^[PKS]\WQOLJGERXRNMTZSJEITWTOJGNWYUSQPCFLPKQSPNXZPKNNKJSUUQQVWQJFCDOVOEMNMQVVQNOIJUY[WQJHNUU[[YVSVVQLRWVVVQMNLMQRSXOJR]YOQTWKO]faVPNCHPR\a]XPYacYNXYQDJKNPNLQSXWQHMY[\\ODMZYZLK[^^UNNOSY]XSTUV]a[OPWZY\^b[W[UJBJPR_^VWQPXZYTQVUQNKQ[`__^^WCNXTYZWYX]]NGOW]\W[ZMTXWQV]]ZPTQUUPOQKRWMMV^iruqeWMJT]]WPOKJPZ`_TSROPQNJJRVV\]W[YQOSTSQMIGQW]^]XRJLTY]_`YNSXXSOJS\`]^d`ZUZenp`STTWUNIRUTPRYa]VNLRRTTUWRLOSRS[^YUVXVRRZ`^VPOLKKOOGNRTNKNMOQTWUOOOOUVTLCO^XVNMIDLQPQKRW\^]WVNSW^VNNQRSPNQOTW\WRQQPQZ]XVYYTTcs|zre][VX^WKORQOQ]a]ZPMSUONLHGTWTTVRPSYSSVTMJKOPRTSOLQ\baXLRUUOLO[[SO\]WSTY^SOWYROBADMRWTPZc^RHILPRUXROKEFMWWNNRUSRPTVUMLVZ[[WY_a_YSTZ]_YTWVNECR[__WRTWZ]]`\_ZTY[WRLTW\YWZ^][XSKPZ^[YNFTY_bc][[ZYYLENTVTX_bWRY`eb\aihe`TX`_[[XVXXSKKRXYVOUZSJX^lx~zm_YZWZ\af[TS\daY_`ac`YZbdURWWWQT\^]XQ^d^XTRTSWWYVRVY\\MNLQTWQSSNPXZTQKFPWYXOPRQSVUY]WROU\`YTUZVTSMMPQROOWTKPWXUSXYTSUTW\XU[ZSNT\[Z[a_^YY_XTPP[cd^ZZed[TYXQSUZWWZ[Z\`dhfe][\^YQQOIOVVVUURUUW_]Y`npjc`WRUNQPNPNLGC<;GEMPLCBMVUURLIPZ^]_UP\][XSVXSNOQX\`a\Qhjja`eb]WUPT[`b`Y\`YMGOOQWZYZZOMQUUQKCIVVTVYVUOU[WLLSVYVXUMMLGFMNLLOPOJFPZ]YSNNNTVUYRNGHOXWTPRPXYUNKHLQVU[VROOQSVUTZZQGGJQTU]WSNMKQYY[UPNRX^]WQKNXVHFRWY\ZYUKEKPSUTQGOYUQVXTOHOY]UXWRROJSZYSLH][VLMUWTSNEGD=ANSUQNTX\\XUQOMTUNOUXXXSSQSV[]WQTY]^_Y\c`W\dgb^c_VS[\Z]_UXVS[\ZSORSVXNOV^cdcUPLSWTVXXWYROSS\]_[UOVXWWPLOU]\ZWZY[WUOKNSTWY^fhpmfXNHUXUQKQVTZcg^TWUPOMMLJSTTT[\[SNOT[[XXTPRROUZ\TH>NV\_`XLLXYVWTTUW[`edc^`kuugPBHNSNINQJIS]b\LJQWWVXXTI@ITRORZZYXRQQXadbYRTWRCGGGRUUUXZ[VWUSSNNMVZYVVX\\db[WSQXZYVTV`ca[[VNTZ\V_hdZQUYQNJHKPNXdd^UOX]]RTVU[c^YSUVWXZQLMTQPRUV][XXXTQSRKAHY\X][dcbc_YMNMTX\_YX_a\UWTKPTPQTRUVYXNFLQSURRIFMRNPXZVPTY^ef\ZWSOJJNW[YPJLX]\WNFHTZZXYWKIKX^^^]Z]ei`PJPUSMJORQRRXYXRTY][TLQRMGISQKMTVRNPNMTXVYPKU[YMBFJOSTSTXYRPZ\WOOQVYXTQKNSRVUNKRT]XMKFHI@DT[YY]^ZTTUY\TXYWSQPPTWZ^\]]\WRV^_Zh‡…zk\UTYUOOMXa`digc]WSZZ[OHMWTW[YPPSUTSUQUYZXSTWZYVUWSNHDQSNLQUUORYXQJMQS[\ZTQWWGLSZ^ed\\LNMLPPY^YWTNFBBIZ``ZVRTZ[WSQLMDGSX]ZY\ZWZ[Z]WPQVSIDMWQR_bac`XXVYX[]^``]ZY\VUZ[Z]XMPSRW^XUSQNRVMOTUSUVY[YVRV[^YST]cc^]XX^bb_`^RSVVSQNHLRTTY^^YVVSX[WUSYiz‚‚uidaa_`dcadd_ZZ]_a`^^b^SQVZVUaaZY[]VY\UMVddZUPGR^``a^QOTWWTIFIIAOVUWVSSMKNVYXXWSWYaa^ZTSX^]YRTRKJPQSZ`^WVZZQRVX]d`YWXVUX\^_VNSSS^fhhfbZ[\[VNVbgff^UV`bccURZZYUQPPT^gf\NNXZWNJNV\ZUQNRZVXXSRX_dmqqg]\YWWSTKNSRVMFQTOORUYWSQNROERV[^\[YWH44FX^[XWQRVMGPSYWWI@GPQHGMVYXVX]\VSUUUUKINZZQKOLUVOS]_]SSTUPOJIPSSKMJEIOODAKPQSSWUV^XPTTPGILMMLNPQHEIMQNLRQRWSNJHMLR`g\MPLMSROHPRVYQNFCKPNKNSVPFFNLKNTXUSLGLGGQQRNRVVVTRLEIGKSXYRNUXURV\XMEKVVVTOPXZTTNKMPKQTRNNMQYVPKINVQFV\Y\^[ZTRTX\[TW[^[WTWQQZZVRUX[_^VKM\c^\]\XWW[Z]lncMQ\ZXNHMOKTehe_VR\`^XUYac]VXONIS[[TVSTMIY[VZ`\[TFCTWPHHUXX^[UZYTPLIIU]__[SW]][ZULKV^[VPOWUQJHLMU]_\VEDDNITWWURQ]b[PTRH;9:JT[YNDPW\WM??GOTRW^\TJOWQTXYURUUTOHQTSNKKORWYXXWV\XTPKHMSRMQSXRPOPXZ[WD>>HPRLPSTUQGPVTQQTUVQQUVVVQNQRUUOSLLKJSVRRSUYTMOSZYNMRQVWXVQ[bb[RY\UQNQQORX\\\^]]YYZ\Zfx‚€uleZUOLQRQOQUZab^ZVV[[WTGHWY[XWNKRYQNOTRSSVSTZYUTYWXWVPMUWSPRRU[^dcXW\VWSUWVY[UOPWckcTSXXVNOKV_bbZMLPLMS[XOHDTUVOMLKPRPQY\Z]\[WSZXVZTSTVUTV[TJU[aba\XYSNUZ]bda]_]TV\ZUWSMGGRVUSSTMPVZUUXYTSSURVUNUVYY[_efd^YRIYa^ab^ORXQLNSOROLISZXTX\WUOFKUeiwzhheb`eecjfbb\]]aadacea[VWXXW]a\YXYX\`]LGZ_^[ZVW``[\XXGRX[ZRQRSPOVXSUSQOPNT[_^]\_`a`[]VQRWZRGSUSXZYWSQSW^`[[WRW]aaVVTRU[`a\QGOKIUaimhbXRY^^PSV\^]`c\VWXXSUWYX[[TUWTZ[TOJJYWOKMNQTPNSVWTMQQOTRRTdiaUPNSZ]XQPKTWRKMLANWWYWTRPVVVULMQRTNKKKNE>KVVVQSX`_`[S]XKGMUTSSRVYVX\[\_YSRSJ@JP]^UQPTWYSPVWVV\ZWVUROQQTVWWPHGPQMJUVCAQRXa[ILNPLIJRSTURRLCDOSRJFPVSSMLRRNS]`YSPLNQSPLMTVVSQMKOTRSQLMNIHOQOMVXY\VKMJMUYRJLNFPTUOFINNJJLKOWURRVUQIKMSPPPTUXWWWTMMNPMLNSXWWYXVSRUXXUW[VTKHNOUZ_]ZX[_[WPRQSLLORUZ\_bc_TPVYQW`_^_bhd^gkb[Y`_[WQPOSW`a_[QHRZ[]UUZZQHOOSPM][VRRHIQX[W_b]SVRKOTHHMY[`cecHMLMJEK^fd]YXUY[`^\^Z[b]ZYTOSVX[^^\_]WVTHHMRWWVQJJUYRQWUOIDFCRY[WUUWTRNHCKRVUPVXPOWXTSXWTWXRLSQPMLSPEFQSVTSVW[WOMTSVYYWWZ[WMLW_`ZN>ENLNOWYWV^ZJQXRIMTXVNONMNPPLKW_\VPRSTVZZVYWXY[XUTXZVLFMVVTQLR`]SRTRTSUWSIIOY^`aa\_dbYgyŠ’ŽmhaURJINMSX^a^USUS[]RU]ZUXSOSZ_^XWZYY^YQURIJQUIFPNNQVNLT\\XX^aTV_d`RUUTVVYQVYOBJLO[YPQSQ\]WV[[XVUSRRPSTSRRURRVUQRVYXUTUYQOQYZXWVY^]YV\[SPV\\XUXXXTRZYOLQSX^edbc`UV[YWZWSSPX]YUXUUUWQRX_[VVYUKP]ZXWTW\dhcVVWUU]edaa^TNNQPVYUVSLJSVWY\`\WWTTYenrzzne^ZW^cefjjcc^TY_d]`ghbZXUY[YYZUSVUTTWUPV`\Z[X]dec_]XWSKSUXWMJPUUMQVQXZWY[Y\`b`bbbb]YZYSOOJTSOPUUWX\ZZXSZa_VLQQW\^[XZ[RTZ_]XWX\\^_adga[UU[ZW[ZX[abcea`]Y[WTOMPUYXZ\_ZUTVUY`\VSQFGRSPPW[YUSWRECILV\QFQRQTQRRSQPONNMJPNTX]\URWZTV[XSOTXSRPVXNBGWZYYQO[_^ZSVSYJTWVX[`db[[WSV[WXKHINTZ^YYYXNDBLUTPRUWab_XVSQPUWYZSMMQNMOVQPTKK\[VTQPVTOTXTUTKJJIMNNNMNTTTUWTPJMTRRTUQKOSQKKPPQUSNOJPXVTNNQPJHHPSSWSWMFYZVVPLMKHGNRTQKQSWTKHISZVUVQLDCOUPDCJRSPSWZXPOIMNMNW[\VSQSORW\TPVTTREJRVWXOJLRXZUQRKGIBFLTUXWPUXWPNSYQPWXVW[`^]b_]^`d`ZUUPSW_cb[XVOOYXWYTVVPPNLTTUZXRSPYSTXWLRXV\^ZPJUQITVUTWWZVRSRURQ^gebcb^YSJSX^_YZWW^YU]\Xac]VNUSPUONMMRSTQHFQUVTRMKOINRO[\\ZYXSOUYWTRMGAOVXUT\]][VR\a^SPRLCIOMHOTUVSMPXYXZZXXZXUPUYVONLOV\[RLNQORT]aYLPNGSXXQOVZXVOJHGCJSSYWWVSRORXZVNKKPQPQNOQVXYURTPVOOW\YMQ\]\ZVTSTRSY\\\[YcjbYhƒ•Ÿž’v[\][PGEJO\^\WNGKRXWVac`ZWIHW_bfa\`^Y[[STRQJPUTMQTNPUTQX_][[afcZTURKHR`cYPIQ[QBMNINSPSU\VXVZcd\TXWPFKTUQNS^_[UYVOUYZ[[ZTNLONMKNQW_dYPYWRHKY\ZTQZXPVVRSTQR[ad___a[UUSNPTUXPOX\\XTUPSQKU^`[XZXUV`bXZ][]deaZTRSYiomga[YORROQUSROQT[]\_^][^YZ^^bdghj`WUTRXOYhmolg_YX^XP_geWPNTYVPTSONU^ZUWYTV`b]YWTX_eg^\WTXQX][OIOSPQWY^^WUYYWWYNMZ[X[[TSSV\[VTWXXYVUS\XSZ[W]UJJUXZ[YVWWWY\VPUVQPSY]`Z[][UUSVVRY\Y_WVYXZZ[WXTNLSSTTPX]^[OW]Y]_]Z]YOPWSQKSTSRS\[OBKPRMMTVWNOTQPLIFMLMGFCHMS]a_ZYVX[ZSLEOWPRU]`aVOOP^[SLL^\XUZPAAR_jh^YTUUXUPTXXZSSWSUX[ZYff][ehdb`_^b`YX]a`bgpsqlcU\[VT]eaVRWXUIHSRQUZ`\SZ]WW^b^UUVTYcf`Y[acN^_XZSMJOSX\\]YSJRNQONUXVZWSWZYZY]URSTTTPM[[WRNPPJQ[ZPQUY\YUPZaZWac^X[ZVYYYVUVQVVUWZbdbZQTURONS\]OO\]YYVZTYZUUZVTXXUWXQS[aUJCJSVW[[YURSQNPPTQPT[\WPNMLTVRKFLUWW[^_[UVYTPG@TZ`Y\afdaUVOW[\ZXUZUWUO@CPKZ``VSZYRQQOKEDNSPMRVYYVSNRV[]YXXWQW\a_]\_`WLDLORUORQSXYTHCJSOMPNLOWYPMMOJKPTSQVXQMHGHJIINROGCBDNIFNWUSSUXSGNRKBT[TKIHNPJGNSTRTVUPHHGUdigd\UQSQTXVWZYWVXYRQQKMLECGJSSPHGOPOOOKIKJFOWTOIMT^`XOLUUWVLPRLGNQRGGNSWXUTRYZXUMX\XUJNYZUMDS[ZVMNR[^_ZMNWVQRQSXZUY[^\UNPSPQOKJQSMQfg\UPADIKONPQTRLOMKW\YVVTTNKQVLKIQSJ@SXXXZWVLEQKJU]_a^^bb^`_ZWWVW\bhbUGMOY_\YYV`b]SNUURPVXWU\XPRRKNRSVSWWUVNLUWXXZ[SRUPLWY[ZRKLSRPQKIPUVY[WY[XWURURRWYVTRRVUNPRVTSVTLQVVPRZ``]UQVRGC@ELLQYYQLSSQL>FMQROQVXVUNOVWOBIUPHHMQPNQQUYYTQYXPMJMOTNHHSVVVSXX[a`XP[[ZZWW_c_TW]j…€jTUPNQSSRWYQBAKTSR^^P_jf[YZYYRJPRRY[RTSNKNW]``]XUXSVXXSOQOIELUYYZYWSXW^_]ULSZTZZ[`^TQZ`hicYYY]][RMQTOSY]YU[\VIMWTPLPY[STZVMKWad^\^ZQNJNSTQKKTUNOMPYYPMOPU_^]XTWX\`YUXSURX]\TNUUUQKX`[\ZTPPPVTYbgbYWZWLVWXWXWUY]_]YVPSXVV[b_]ZRW]aZOOQW[Wdljb_c`]_YX[bmrrlgeb`M@PQSY]]^WX]\][]\XXVSU[RV]YX^^ZZ[\VU__]ZVW`dOUVSUQJDIFEPY_ZUVSTRIFDRYWUZZ[[[X[VUJP]^SOY]QGRVV[`[PFR[^[WYbe`Y_ba^`[TTXVTVW\^\WUTTU^\W[ZSOU\bb\SZ_\ZVUQU\[XQELUYUVXS[dhdYNQZ[Y\ZZ][ZSMIBEPRVW\WQTZW[]XMNTZWUXV[\XTRLIKLPV]^MQTVJTNFIZ_^\VTQSTPAO[YWfdWPTWVNLMLOQOPHENIPV^]URSY\YURRU[][YVZ]caVSSQPMNMLKUZVLFNNGHONQPNPMJJJDBIPVSQRPJ>@NNNMGGNTOHBMPTTPKJJSVQ@HMIAGI@DLJJLHJTONNV[XJHLRT_egaZSUWOIMLQWXVWTROPWWTSSPKIMPPMEFSVQPPNMNJRVQONNOY[VIHKOPIBGNLMPVYRJNORPMNWXVUUUVTONNUW\]YOKIRTKISUZWURWZQOPUY`_WSVWURTSUQNKNU^aWVab]^[TKJNTWPTWWRPOKT_a^[ZXPEFNNFEEPTLV]VXV^daWQJGQWXW]ju{s\X^XUVRYfif_\TVWUMVZ[\UQRUZVMKW[XSTVPKLPWVUWXZ]]^WOPONQVYSTVRORTYUMNNJOQSWY\RQX[ZY]ZRPTTLORRRRNONJGCKSVSUWPMU[WUVZ]`[UXSD>BBDJHNYZVRPKKIJMEIOLRRPQPLW[UIALMMVVXSNIGQ]bYQVXTTRQPQSMOVW][SVWX[a[RTVVZ\ZW^cccmszƒˆ†xdXNLPQJLKMMIMTTRVUMbidSTYWYPHOPNV]ZROMNKT[[cb\WVZZWXUJGEHJQZ[VW]ZTSZ```eYRYW^`XVRKOOYVY^WYWX[\YTQTXSKMOSQQWUHFKPRTTTNVZYTOTWXUTSVOJIPPMKKMSTOOJIMTTRWVPTX]a\\WPXQU^[^^YYUNMTRUYSMTVV[XUPGOMRWaZNPWW[`aXZVVTWZ_a]YXUTVZ]^_\XYW_d_ZVZZR[ggb\\][ZZTMT_ejjb\\^\XRTNFSVTLLRXVYZ_^YYYV[]WUYY\YXUVW\[UUW]^`_[Z]PKROKMC?BGNUZ[YWPSUSIILQUOQUV\`feed\OXfg_QVYVNQZ]_\[XZZ]X\^\]bedcca\Z[\\[ZRQV`ed^WSV[ba[WURPMRZZTS\`]UW^_Z[\YVOOKJHMLCH\`ca]W[WPQTVW\^\SHFJJJGOY^XU\[UWPFR\\\]^ZUUIHPSLGMUWYSOMKQU\YTZ`d]VY^\TRVSJPSGcXY\[RLNRSWRLPQTVNK[_^XTPXYVYUPX]^`]QVYVY\WUSRONNPRQQNQLLQJFQTUQGLVSPQQIDGPUTVXRGHSXXQL?DQUOGDPVUTQJKQXSJOQPIII@JOVXONNMMQUTVSTS]_\SJFGENWXVYWJGMS^\WUTPLO[baYYVPRRRONMHDEKUYXURNIJGMUVSVVSIITWSW\ZZY\VJJRSUURHLOSY[\TLNSUXYVSLHOTSMHGU^_^UYUHRW[d`XPPKIOSMFHKIP_a^R[]^e_UMKILU[dmoY`]VRPRPELVZac\aab^TOYZYUOKMVY\Z^`bebWUUPJIO[_\WURSSWRTSRT[Z\ba[VOMT\\[VKHNVST]bXJFHMLHSVMIV[VQPJQ\^ZXVVTSSPRUTTQRTYXZ^ZUOHLUTVZUNTWUPJHMOILPIRUSKMORTYYUSVWUO?EXZXVUUYTQRSPFIMSXZXPMKSdeYA@BINUZ_\\ad^Y^^Y`ht}}rmnfb`aaSZ[]]TSPO[XIMUXSKEIJFFDGGPWUSSUTPQPMSV\ZORQKLOPQSZab\YRNVYQOTYZXYZY[\TOS\]URLGRRDMT^ahkhe\IKNGJUYSOKHQ^[UNPT`a^[VUQKHPRTQIINSWWZSR^fd[OEGOUXXVWY[ZWTVZVJQYZRTSMIOXZXWWWYX[_b`XX__YVONX_]\\^^TPUacecbaVLUZZ_[YTZWMRZY[VVWXWWTUNLINWPOU[`_MJR_gibagih[RXa]PNRQTYZhh`_^]\`hjiaVXY[WPKKQX]_^[ZURTVY\baW\ba\YO^ZVQRQNLUZZWTJ?>IMKNQW[]baZRNSU\a[WTWY^ba\VRX[ZVU\`\^a[UJYbd`XDCQ^]VUSNIU\WSTWPLMSSSTVQIEBBHPPKLQM@HVVWXUNJFJVVPAKJMUURTORY[RKTX]]^_YUWWNGLRPOULTWZPINNUX[WTSPSKRZ^YTTZUJKPUQMPPMOVYTMT[ZNOUUWURQVUOTSSRJOORSVWZZRUY^^PIJOOPXUVUYZY\[[WW^a\RQNOMPPSJJTWZVLPUWNHPPNTXUX\]URRSGLRUSFDLPQKEOTTRQSQMPOPV_]WNMRQSSLMKMNPRQJKQRNJLQQQYXQIQSPJBIPTTTUVXWWUUVXMIV\XXYXUOUYQIMQOGMTVQR\YTSQONNROALQNPWZVFJSQDK]hg_MNYROVXTFDKVYTJNWVQIBV[X\\YURTVZ[WKMTW\[PQLT]d`W[\XSOTKMUQTchccph^VNIT]fc\[YYWWWMNMMV]_WHGMNQW]\VPSXWVVVSMLRORLMNSYZZ[VX[ZWMHJJKQSRLPZ_[XPNGNQPNRZ__]ZZWWZ[WY\THEJJGMMNLTV\[TTUVYWYXRUWVUVPKTUWZXUPNUYUVZ[]\WT_^QCEJOWYVLLT[][]baXUSMJDFKKKPQQUTX]cd`YIIPPINRRPSSUX`p|†‡‚wqxyqcURXccXPPSZZTMW][ZZXRWUKKINT[YUPPZaf]^YYVTWU[^UOPDKPQLQPTOOVXTSQQWVSWYZVNNWTON[`_XWP9@QWXSTUZfliXMONR]^LVWZVOU[WUTVV\ZY\b`WRSMW_\VVVZ^YSTOLLSYZJQ[XUVWUVXVVUSSRPY`Zbe`\bc^[TR[Y[abd^UQOV_^\_\SW[YOS_`]UIHQUX[[WW[XPRTY\\USRTNKR[YRL\df]\ZZZTXUHISTUX[XXYULKJYWX_^TVYZY^hjdYRWTTUVWWXX^]VQPOCM_ba]UMSZ]OQXZ]WWTVSWUUVXMJRYYQIKQTa_XWWXSY[UPKPN_]TKRRPQTYTRWVMJWZ\TTVSNR]d`TSQIT^^YQW[YKO\\SMJOVTTYUMONPQQRUVURUXZ]TJJLOHFRRMOQYWMSXTR]b\QOVRLLUQKGRXXUOT[ZPHNOJLRSUXSPGCGLTVTQOPSOPLJJNNOQRNLIHIQVUUSSQTXTPIGOVXUXWPUZYLDMNS[]WMNQWVOIINLTVVTTXZYZVONW]ZSSOFIPWULMQJLW\ZQIRLIPQOPOSTQRPTZTSRMGLH9>V`^SELXUHFPYTFOYTPQ\`[VSOWYXXZYWRLPW\ZPKWZWXVKIWbie]YQRLAIMNTRLZ\Zh{tdLGM]dc^YYWUUVZUPNGT`aXDLONRSRVVQT]a_]WQRXSQO>?ISSLNVPP[\WKJVSLRWOOPV[[WOKOPSUVPYca\WTNOY]ab_WMENQPPMJMRZ^^]QRQLLPY[X\_ZUPOMQMNLWVSRVWVRUZXQMQTMIRSVTSRSOMYYVX^YOQTQOPOPSQFBINRZ[[_^XSQ\[PQYYVVYZ[bt‡ˆ€wmqzxq`W[caZVWW_daTKOSX__]\XWSTZ\[^]W[hoqgWXVX[[VX^[Z\XROLQSXZPBKVSVUSVUVWXYXVTRQMGR]^VIKHFFLMW^[[X^aab_VR^XZMTVKFLLJLTTVW\__[ZV[[ZZWKMQUY[YVUMOU[`ZSSWURQVTahh`UMRTN^ed`aZTZ^XSLW[ZPRZ[WRSUZ``acVIS\YPM[`][VMNVUSUX[]USSX`gdYUWTSVSSLFP_fe^TVVU[`cWLMMMPQOJOPRLOW\aeb[VWTPZeh[LQYQSZYVSOTWZWWUUUOWWYTRR\b_Y]^[^`^VVYZ[WZ[VMQZ]XOFNVQRV^[OVWWW\\YTZ][[Y^[][V]\WX]\]]elf^WTXZVUWYa]XLNT\df^VTRWbb]X\]^YSRUOQX^a_WMRUKHMS\^ZSMRWWW\\ZW[j~†o[LMMTQPVZZWYWPHDER\dd\RMSXWTT_gfa]ZSOPILYW[YY\SEMOPXUMHKPXXS>=OUSEFM?HSZXQLQ]b`c\SNL[ULNSOOMVQQVWTJJW[\WSTTV[baZZXPQVXLMV\\W[^\OCLPLIUTLIQNPSRVZWPOQHIRWWVQMHISUJJPX[VSTRPU\YNV[ZNJUWMINTWUPTYWKQUWUPIJMLDMPNLGLOJHNTTK@CHNUSK@?BFIKMLKKGKLTWYXQOFCPY[ZVPWVYPEBDT\[YWOHHLLNNRRZ[XUUTSNNPLPQWZUSXWMOSMOWYRRYYXQDAEKUTMQOQVZXVVWSORRLHF??KQWZTVTMKLRXVKKW^]^^\\ce]YSMX]Z[UNNTUPOOZ`YRQMEL_cddcXRQHDMTLFGMXWboz\NLQW[`hf`ZTOQTUQUXUROHENSRRLWbaSXc_[YWTY^VUWUPWZVOMTSSUQIGMWRHOVTTUQNVYTPUZ[a^RLVZWSMKFPW_d`[VTSZ__[WMNXYQUW_c]ZWRQT\`_WWXSJLKKUXWNQSROOUUQPJFILOQWUTSPMLWYSOQLHIS^a^OPSMJHPWWVYWUVVUXXUTTZ]\`]\`bjw{€‚€qanxwp_^b`XTOSV[aWFIW\]VY_YY[`[XW\`WYflg`WQQRT[YW^]SROOOLKOXVM@MRRXUVQONOPRRPTUW][Y\_\TSNA9LT[YRQTYabedXTZ`QKJOXZRLLOLJJLOXZXXXUY`]QFKIKY\[XWVXVXYWPPSMJMW\cebXPNSRMU[XQSSOMVWPOWSKNQTVSMQSX_\baUPY]YLFV]X[[XPRQNRVYVW[ZU_d_PSVY[][RPR[fgc\WXX\]cc[OHCINQSSX]^]\Zacb\UWZVX\abVKU_YNPSSXYTQWZYZYWSQSUV\XV[`]\XQ^d_XWWUZ_QXXNNOQTPLQWXWW\ZTZ\Z[[SPKP]_WXZ^c`__[UTZY]]afdda]`_\]ZXZVTNJNUZ[VWPPSZ^\`a_^VWVZVVSS[ZUV[[UWVTU_VNPVYXXTWXY^kxvlhZZWXYPU`a`ZTUMJGJXbaYTV\\ZTV]a_^a`ZMPQMRZ]^YYQGLKPYZTIHGPKMKQYXQDIKMQTVYWVV[]Z[\UWYWYKDBJKSYTORTWUV[_[YVSSRQT[^a[OU[WTJQ[\\dh_WQWYSJRL?HSSSPUWZNFKPMLP[\ZXYORYXLLRUROMMNOTRNOPVXTQVZVSTURWPMQSRPQSXOELUPPOQQMJEKPNNNRTNRUVXZQI>BJOZ[VZYJ78IXYVRTVQGJQVZXYVSUUNLW_Z[ZZTQQUWRTS[[]a\YRDGKLLIQRPSWUMNQRX^^]XTUXZMHRUNLKUXX\\XWRQOQTXSUUSRMIMZ\XLFQWVNMSWRYa[TPU_e_^`WVbaXTRSVX\WXRVZZWL@GZadhgaVTLIMTKAFKPORaji\[Z]_iopgbdb]WSTTQUSPOORSPJHOYXMS`c_XRX^\RU^^acaWVRQVVSLGGLJE6LTROJLJKQOSUUTW\`ZVXUMGJJIEV\WRV[[^_ZW[UNQNMNYfi`VUSQSQKRUVRSPLFCOSPHHHIOXWUW]``__XU^^__WMRQPPTLQZVUWZXCDGN]`UQUU`hjijs‚w\RIHJNVbbSLGNOIDT\VQVUQNQVVYVZflk_OPPKMVZWW[RGOSVY[]_\YROMNQYZUJ@BAKW\\RLSWSNLOUY`[MLX[WUQU\VRRQPSY[XNQSKFKIIMV\WPKTVSVY^XO_d_ZZX[XNHCEJMQLHTTTUTUQKMV\WSYUQWUKHLRWTMORSTRPKKKFJJQXYUUWRPUXQORWTGMNIEMNKNMCHSVRGIPOSRVVWSOHOSPJHMRYVPVXKLWYVQQXUVUNNRTX\]bg^OUYZPUQSUTONIGJSWVLJYcbd`ZWLGJJLLHFMSHO_hfbc[_hqskaabdb]UURJRZ[WSOROKIJOPJUa`[WQQXYTX[W\\[QLT\abWJGFSUTMNX[WGFOURPPRIGMTYZRUKIKTTQQMSOPX__^]RX^XPJW_WU\`XSY\[WPHLOPX[]ZXWSUMHKNOSSJLOOQQVZVQJFGIILMJPUTRMNORQOGLNXZ[USZ]`]\]Z]_ZYXUTPTY[XWV\blsvx€oahrrihkjeaYQRTQPTY\[QLJQRSSPJTYVUVakj`XPLOLQ_bYFNTW\VNRT[][SLWYTPNJQJNTZYXSLIGMPRUREIBGV[VTOKQSTW_jnj`X`b\XXY[PGT[XUPTU]`]UVOLT[`fbUSTX\^]^]YVROOW[\XURY_^[VWRNQXXZZVSY[[\XUSNHLQQSTIHPPSPU[bbcb\WOW\\[[XMILUUORSQQSU[c^ZY][SLPQRRYcea`]YTSWSWZ[WSNW_\^`a^\YUYX[Wb`VTWX[]ZV\edYQOPJWZZUWUHMZ\ZY^\X`aZUSUTSV[\USWZXW[a\JPTSTRRTRPVVVVWTVSEP[\[TS]`aa[SQPY\YYceeig\T[]WPPNUZUVSPUWXVZV][WU[YOOWUT[_X[be^ZNEELTUQRY\^\WSND==K]]UTY_bc`\bq…‹„pXMELJT\^VNHILINYa]WWQGGNUTSQVeoncXWOHIOQFHXTLPZ\YY^d]TVZRQ[^^[QADC=JVRLQSQY]MCOW]WOQQd^XPUVVTURPY\`\QIHKKJHAFTX[YT[\[X[]XJJQRUUSTTOF=@KPTWUTYTU]]XTPJRSMQNW^WEJIMZ\UQSTSTLEJOTSRYYW]^^ZXXYUKKX]VNIAFJHFQLNQSQSSTTTSSVUXXSJGPUQMJTZPGJKCDOZ\URVTNX]]VWUUPORSSJPRLOUYZXQOUVNKKPRQNRQNPLLOSPU^XURRMKTXUUQUOJOVWQIOV[ZXYWQPYUWXTRVTPQOJPRMPOQQSOKPYXXUSSQZTHORU\\YfhcWMWZWWPAKRRSTTIOZ\YY[SKLKORSMKGOOFHQVTZYU\dg_cq}‚~md`]`\YTTIMUW\UOPOTUUPKQW_][TOMRVTVODKPSOLP]`_\WIBOVXST\[WPMSTRRSMKOMLNTQSTUXXUILRTSPMU[WPONUSTQWec]YVQPQPSRNKSUW^^USQUTSMGNLOSWRMMLFU__]PKKPPORNMQNEINSVYVTPRSUSWYWZ\^__^]\ZTOJPWPW[TRKW[V\jnmlhcehfnkmqpiba\SOGIVUUVSPPSUY[UR\_[SY]a`^ZVQPPSU[WMDN[^_`d]ab`ZLQWLGJTSNIGPSX]VGNPKHMWOJDM]]X]_YUVVUSdke^\X\]\][XTNMSW[_`ZU_ee_WJ7NUZWVQSVWU[^][WRPE?ORXRLQY_`^XSMSZ\ZWUJM\^^^YQMNKLOOHJQSMRUUX^`_[V[ZXZSOTYYVTQRUSOLJMNLS[[OJQUVZXVXTQZcb]SQ[\\[]\XJOTQY]XVWQURSZacddbXMR[`^]]^dgcWGIOW`]URQFIQX[^^ZSWVTTRVYUXY^YMPVZWSVUTVTQOJCPRQQSRUUTUNNMV\XOLSXY\[X[[YTUZ]_ahg[NVZUVRQV``ZXWTXZX[]^_a\\\WVVVUZ\][^_[P@JT]_\UU]_e`QKMMKCIRSNSTafjkjcYm||nZROOJOW\^VRNGGHX_ZMNROSSTVWPO\cfb\SNHKRWVVUUSNS]YVWTL2HSWYZ[]SLGNKAHL=EQPGRWLNUSQHRWQAYSTVVTUSSWWYYQIKPSQNEGNSPSUTRQW]XNIHFMPOINRKEGGOUWYUQUTOMQRTRLEGIST_bZMQURVVRRSQNXPIHJUXVUKKU][VRTTNBDR[[RPRPONOSOUUMAFSZXVWOS[XVSOMRTQOPX\UHLSOV[b_YVSTRPUQVUSUVXWXVJKOPR\baURSYXY[WYWRSRNTWTLOSXUQUY\YMGWYPQUXTQRUXSHN\`_Y`Za]bfab][TOJPQSVVROUYRLURUXRTZXVZ`[QRWY^^\^c_[PMXZYSKSSV^c[JSbdba_[J=EBHRRHENTOOZY_^WWlqle`kyƒ…xlc\]`\VRUX^^]ZSQLQXWVRSUVVXZUMPWZWOBHIGINNWVZ]]WHCLNMNUTSSMNLIDFA3DLG@JPTVWX\ZUPSW\\SRWPNRKFQVTOSZWWYRHJOXWOHMSPQPORRSRMSOQSSQPOIMQOQ[XTFAOQLIPOHIIHEPSQRURRLNRUVUNQWWXWX\aZUVUX]c`][RO[\W\ioieedcbdmqlfc_UVWPSWVXUSSRMJPSRRU][\[WMKPWXXZ[]RLWYSRHGW\^]Y[^c^WKLOONTSNTXXUTae`OLSMGPNKNMT[YUQZbfe\PPT\WYZZVVWVMSUUW[TSWVQX`d_YRHJSUSRLNMQVRTWT[]Z\VPQNPLGCJU[`]TU\]Z[\WPHRWYVRTX[PMU\USVVTSWX\[_]Z__\]ac]WW[ZRSTSXQNQTTPNVXONQTX^ca^_Y\_d^QKX`]\UXVY^[UYZUSTVY]Yahlmj_YR[ioj_Wckje]WTQWUVRLRQOJNV\\QJMNMMPXWUPXcbXRYZSPW[[XYVSRPSSNIGHPV\SQPW\XZWVQVZ]]\^XSPV\\afc^[XZVRTX\^_[WWQQTXSTQQVX[ZYVY_\YWUXZYYXUQZ``_ZTPOPZ_XPUYSIPSTRLTWcekkfY_lkaLTTKOSUZYWRSQLCOVNCKQNILT[ZWUQVW]ZOMNDMQWWUNOQRYXSPNDAHOYWPQWSIQURTSMQ[YM8@FGV^UNLRQFHKTQTNJKORNJKTSRVTPOOLQYRAIVUTRTVTLFHJQYVWVUPMMSSMPWNBJSXSNKKJOMMSNS[]YQTPNIIKNQJBEMHNPRMFHJJLWWMGMPOONNVYXYWOMLMMPWSH>COVXZYTMPUWTLIGKMSRYZPLPYZ[^YSQU\ZSIHGKPUUSVUPLJIUW\dgc]TLKKN\_``^YXPT[ZXWZVOLP[\ZLGXZSZZYYYUOQK?Sbc][W[UW\Zbd_WUMQTWXVXWW[d]XMMSUOJKRV]]TKU\`bea^VWXOMSSVX^WJ@MZ]JDVXYQTNLMPKJORQJPYZY\VUQCZnuid]Xn{teVY]]\YWYdf`YXWUIHNOOORRQTUXXUSS[[PJMKJGAKPMRVVXNBMPNOOPVWPIIDBOSRSRQKLTUUUY^\WQTTVWVZYLOUTOOXXPIOXYWMBGU]^ZVUTYWNIOQRQOLKOTWULKVVRPVTKGNLWTJGGLJNRTNLKGIOWXROVQRTLLLIENV\ZWX^ZQTZYR[TLSTTamsrkcabfnok^NJLX\Z^cgaXVW[YUOHKLPT\WV`ZZWLOMHLV^^RVTMVTTVUSY^``b^SNIPU[[TPT\^[U^ec\SKGHLUQIJTWTSPK^aWTOSXNJKUW[ZRCGQXU\\]WTKET]^VOJEISVOPRSPPVSUUJT_ghd\[[SLLKBHQV_d[^]QRYTVTQTWUXbe_QQW[[ZVY[ZWZVSYS[\WRSaaZSY[YPTWTSOTZZV^[YUHINT[fhgcbb\\^_PGRVQJILOX[Y[][ZWTTU\`bcfgibW\hrvocW[eb\bgc]UTWMGQRMTUW\ZOHJOPD>QX\Y\b`[SZ[UPZaa`[[YZUTWSLOSUY[ZXY[^YKKNTX^]\[X`\TRU\gkbVTXWQPUYXX^\URPLY__[QNW\]ZUMV``[W]\__]_X\`^YUPV\UST]^XLNMFRUX\]UTVW`fedcnolf^ZPOTOLMMMRSQPROC9HNMDBU\]][]VVVWPPUMOWXUHOSVXWOGHLQONEHNSTURGFLO^\S[cdb[JRXYZ__\XUNLJIMJMLQXRIRONPQRTQNOMRZ^UDCPUTROPPKADNRVVXZZSLUYUFMYVKIHOMMLKU_\SPRPVXSPOQOQXWMHEEKNPPKKLHIIORVWMKRQOJIJMRQWTROHGKOOJHKRVVUVTOPRYYRG;>HVVTRUSLNTTSY[SNQ\YROMGLTYVPQLLR[ZUVXcebZUPOOPPVVYY[XSSURVXXXTVYZUSJQ\ZYYVRTW[UVSHO][^bXMOJLO]eg\VKKQVVTTY[`hmfbRNQSRQKNSQKUX]`^aaaZ^\UHEIMW\XMGIRVUVOPPQNIHPQWTRTUIMTX]]ZPALRbfia\Vu{{v_X^`XQNMW_U\_\WOCLKMTTWVSPTZYUNSXTMLMPLBLSLKNMUVNLUXWSVXVPPUMNLNQTUUOLUUTWZ[XOLPOJFARUNNRUVQQVPKRXYUSLLPRY\\\VZ_ZICMWWWQJISVUUW[[SPWSLRUZYQLIGNTX][TKBCKMOUST[XMMTRMIKSZSQTUTPGIVUVYNKGKR\lz~wfZ]`oun]NOTXYVYa^[ZZZXRSOMSU_`_[`bda]UPQKIM[]VTMJWWZ[RINZ\WUSNTSPWYWRS[`b]W`b]YSROINNSMDGOOW\[YVNU^b]WQQWVTVTHKRQWWFHIMJIX_\TQQQSOKHOVUSTRX]_dkjie\`_YR[^YTUWVac]VVSQVVQQLQNLNW\[UUXVSXW_b]WSON[b`^WTTVXVVY^ZTHJIOIN]]]^]VOIOVT^cd]ZYUPLV[ROVWTRW]^`YX][]b_^XZ\aa^cjljedgjgda]Wejg^ddXSRXUVUPMRVVWUPJNQUVKDQWY\YX^YRTSV`gheaUSRXYZXRPSUTW[VRVXKKRPWZ^]ZZbedYRX^`d`YYUQMV_ZV[_aZVTVZ^b[OLTW[[XQQ[\XX\XSSTWXZ^SNRRTTRXZ]_WHCEMVXY]_YUZUVWTX]dlmmh]NMPFKQSNMNSWULGILKOKQX[ZXXRMOSPQTVQPRUWWUQFIKTTUMOURMLTXUTPLISUXRIS[]]XU[]PRX`ZRPM:ARUQCPY]UOWWUTRRUWXVOJQWWRSTUSFIRVPJOVUONQXXSOOSNKMVWSRNMNMX_ffcYWSRRZXQQY[Z`aWPNTVUSPOVX\XNLQW[YUTNLJPXYJKSSUSTVTRPNRPSTNIOLNSZZWJ??JT]]WVXYRT[VZ][XVOLEDJLMV[VQJNOPY_aaWY`fe^ZTQQVOIFLUTLKLNOUZWSW\a^UQR[]ZUSY\]Y^\YYQMTTT^^VTWRV_gjfWLLW]]WWUZ^cijaYOORPNDEJNKTYW\\W[^YYQROLLHJRWVSMLJT\PSWWYVRHEU^c^YQJPOUVVWXUS]mtwkbM_ƒŠ‚qYZabWMIQSTUXXVXWUYZWVSRR[`]YSOQOQSP\c_WLMROKLTTMLV_\TQUWY[[ZWSLJJKRTTPQSVWXWTTSUYVMOPPUVUTQMMNQUXUVYURQOQY\]\QQTOLRVVSOMIPX][ZZ[WUKKPRRRWSKIGDLPVVJCJLPOGQSVZ_]XWOOSQPXVWZUOPPW[ZTSVUJKSUZz~n[[j{|tcWY\^PFT\[Y]\XSS[^XTY`jnnnjd]ZXQGGFBOTTTXW[UPOHEQQTPJP]]\TOVVXXZ[Y\cdc\SO[[ZVMSVUTJKLISQKKNVUTYYSZSMQMHPVX[ZROROKNPW[UPJQVNAHTY[^[OOSZbgi\RRZ\QS^`\YUROT[ZWZTTTXSGEMSRIQ[_\UTXXPMV_bXQLLW`dWNTUSMZ^bge]WOPKPPLVZXSXYXYWQQ\`^\UNKT\ZUY]^UIVahaY]WR]iheb`_ZXckmnlifdaghhc\itqc^_VNSSQZYQKLTUPNOOSSUY]WVXUPMRZ[ZZ][]dhfbTZ[[]_ZZ^_]YYXWSQPOLUZ^ZVV[YX_\WX[[VUWZWUQLT_^W[[ZPLS\_YQGDRUV\^TOS[YVXZVUMTS\a_VVZ^][TVZZ^WIIERXULQYTNU^a`ZPRV[gttoh]RHQYXWVUTSWSNLIGGMRSORUTOHJKJKQRFDISUOMJJLKTUONPROOHNQOLNFHV\MEFPQSTTZ`VIGPPRNSPHGLSNSXVMLSWVUW\ZVYUQGAQ]][UJ@?FMOJPXWSGNLMQYZTNKKNZ\WSMNNV^fjkf_WVROUXMOSVUUXYYUQMHKQWTX^`VUTW][WNNLHN[[QOTQJPQVVVVXVNDLMFGNFFMQQOOINVUWVZ]XUSTOSYXXUVTOQQRPVVYRQXVSVZ]XQNTVWWQNQURPKLOUVQRVVNVXQSUX\[RRX[[UQW\_\XVWXYZSTSSXYXZ\TPZbll_QKT]^ZVUOVY]]RHKMLMONIHJIMSVVZ[TUTPOJNKQRKNTWTOPLPVUX^_]ZRRNPXb_ROPQT\\V]cbW_lz‚~oljs…~kVY^`YRLLWY[UYXYXUY\]YTOU]`[WUPNQOWX^a`YTSXSOOQPLKLWXTROSWTMPQUOFBJLRTVURUSSVXUL@LSYWQFHOTTRKKKPVUQMRTXZSRQPZZSVYQPUVTTPQONRWW^b`WPPTVRKQOKOUURQTVTQNMSSSQQRNNU\[[YXTOPTTV]^VTRTUQKMTQMU[Ydn€€{hVr~tf\^de]U\_cbY[YQQYVROPUeonfcafdc[QKMQRPRURW][VVTOUQOQLV[`[ZQFMUTQJO^c_]YNUWX[^WWRTYOOSOTX\[TROOQWSSMPUKKY[^_`ZWVZWSNRVUOQTSPMTZ^_ff]UXWV[`YRW\ULRY^\^ZUKMTVWV[UONTVRGKICDLSXWQQTNCF[[WVULOYZTQSUQMT^cffa^YXW^^SRWTPWWRVUPMU\Y^XPOU\ZVUac\SUdfa]][X]bc]bb_Y_lngcea_\bhh[UUgtrcabXRQSNRRVWTQORTMOTSXY^b``XTY\YVV\ZZ\_a][X]XW\TPXbjkh`\WUZab^[aefb_[USRS[XUNAITSPOJMUSNORWZUMOX^^XSRUTQW\\VY\YRRX]XUQW_ff\T[eiga\XY\ZURON[ZIJPXXV]ihaYTXZcchkmj_JPWWV]_[\VWZRPRJOVRMHIQTSMHGLMJHKRRRQKJMIBHPUVQSZ[VSUY_aSR\ZTRSOEFSNTZUFF?JLOUURSIMRQRPVVTTTOSZVUUTLH>S]`[SKEJLOPPWVRKPPKBLRTPIFHP^]NJMOMMR[bfaULRX[ZWYVYUTTORSRNLIJQSMITY\^\\[XWRPQLIPVOJLJEFIDEHJOLHQURGFOJAISVVRTNOPMSXYTMPMMRWRVX]WUQMLNJNUVQUWPTRVULHILMNLJQYYRJPUVWXUVUQWTOWZ__ZXY\YTPRWXX]ZZTZ_VPQVWQTWYYWWV_gj]RJNUTLIHRXUPRWVQJEKOPSTWWWZ[[^\XXZZMV\ZWUSQQKIBRXUVXYVWQJIQTNCLRONPT[\\QMXTX[is€|smbiysa]_bdaZSYa_YTWVRRSUQKLPQTZ\_[PUXSEOWVRNSSPQTXZYUMBBPTYVOMQOILONKLQRQY\VONKJNPMGGNW\]OHEHBGOUVRTPIOQQSWXNJOMOTU\\TNLMOQSRKMORTU[YUPSWSICMTUQQVWYZYVVUUSRMPRVMENRVY[ZSRSSU^]\XORPIOSRMENUTYZet†‰‚icz}vj[`gf_ZW[`b\XYNJOSWYXX\b`[_hlf`\RINXYSQNKPWRUYMIRRXVWZ][^\ZQOYSKJLTUTYZWURLKSYXUVXPQRNLAS\_b^^]UQGAKM@JV^aZWW_]ORRV]b^XZXRMNX_ZU^^YVTNLX`\RY]WONP^ca[TRZ[SNU]]UOX[QD9CNTPUYZWUSPJKSVVWSRRSVTT^a__WTXYWUWXU\c^WPQSV[[W[^[SGSZZVPMOPTV[^]ZSY`b_YVZ[\ccccefegiaV[\[VXbmh^Y`jspib]TPTUPJKTUTTXZXZZUX`ea`a_Z[[\^a_\^Z[]__^]WYbh_UV_chgd]QR\^_XZ`ehfb`TTZY^YSUUOKRVWQXVOMQSZ_YRQ[bfc\ZYTOOMNQXTIIJUZZTZ^bgfZNPafd]WTV\[]\SHRUOILZ`XVY_[[^ac^XT]ce]RQUVSVZZ[Y[YRWXRNPSOKFNVXMHAJKNVWLLSWT[]UHITSLDIWWRONOX]`_ed^OJJKSZ\[VMB@FOVRQZZVPTWRVZTSPTSPSPRTOMPMEENWXSRRSTVWY[XUTQUQHGLSUOGCOYYNJSOKC@KNVVUSOSTLW]ZQOSUQNOTRPQV[ZTJLMTVXWUYWVRUWPMLI?AFFILKMMKQPJPNL?FLLJLRRPNJNMLRTVTMHINGSWVV[aaVROOTVVY[XVXYRQOQOKLPLJRPQUVSLQVYYWZZTORPNX_ZZUWYVRLJNUSNMX]_WZXNQYZVLKNWXYUSY[]UPRSPICAT^WNW`c^VVVRRZ^[YXWUVVPNW\\YXa]QMSYTOFGSUX_`XJMQHDPXWTS^[LX_de[RIEQVT[hwviY_oxlaYZ`^ZVY[WTRPSQLQRKFPUQMRUYSRY_ZNNWTMLNRV[]^[VXVOMPUYYVSTUVTPRQMINRXZXTMGLRIHMRRX[]][]WMPY`_UTSOSQSWVUSWWRTZ\V\^UJCGNKLMPRX[YUUTTTTQMCFOQFKMV^^\Y]]WUMPNOQRU[[[]a\TRUVUZ]XWSROKSWXWONYUW\Zjzˆ‚tmrxwka^a`c`]VW][YVMHRX^^\]b`[[fkh`\YXY\aaXPMNMQSZ]PRYUOSW[]YY[XRLOJNTWXVTQQQZVRPX\ZSWTQQMMSPNSac_Z[XUUKBQW^YY^[PTY[QSX^abaVWWUWPT`[NNQQRPQWYZZWV[VRPRZdd_YX^a\SS]c\T]YPFFPYWVWXVVSOJHTRGOSQQSRTPQSZ_ZQIIPQIDLWab`WURRX]bflkcYILZ\YTQOKMQVYXRQMZ[`^WTY_\^agffeeaVSWYWSPYbYRXbmstmdTRSX[SDMUVWW\[VY^YVY[UMW]`^SP[^^[UWUWX[bbd[V`\OVXY]cf`YY^^\]]^ZXYW[`bdeb^]]]TKQ[[U]]ZZUSZXVWWU\]a]XROTVQLHLLHTVX[VW^_[bg`YVX[\a[X^^^XOJJQRNOSYUTPLORT]^`]UUSU\[RNRMJUZTRU]WNXUNKNWRKNJMPNQRRPLPOHGTWT[ZQKFFPSVYVOJNUSKQVXcc`OFFQRSY]ZMGDHFDLSZ^`_YY\^bVYKNTUOOKQTSJJEAMMOONOQU[]XWW\^YONPNKNQVVOW\aaZWQLQQJQSOQWURRVVPUKC99CDIOYUNQX[]WOIJJKTWYZ\STUZYWQ?AFMMOSTTSJITRMAGKCGMRPTWTOQSIDLSOPROQQKLNMTVZ\XT[Z]^`XVURWVUORRLDQVPMPRSZZTSUUTWX[\WSVVV\\ZXQQUX[SURTRJBFUY\\\_ZPWWVMMPNTUJLSYWQTVKQMIOWYTQY[[\XVPPVYUSW[TQQMIY\WPOWXRLRSUQQHLKQ]^RHHM>:O\]XWZZMR[^c`WVQORRSZhuvlc]Yirk`TV``^VROCLRRSPMRVNNVVSRST\YVRZZVUUNHFCFOV`b[[VSGGMLQY\UJNSTPVXSJIWYWWQRR\_YRXURW\]`[Z\V\[[XPRSSVRSYZRQ[\PNW^[\]UOTMKQQUSHTYUSTUUOMORKEHMQTZXZ_[UTXVZYSMINCO]_\]^_ZQOMLV[X\[]\USUXYRMUUV\abjtwxwprtqjcWX\a_[STSQPHJQWZ]]\_`ZTWdinkd^]]`]ZRUWVRJPPQ\`ZTPQZ_]Z\YPQNKOSVYVSUIOZ\VS\`YXVQTTRISYWZ^d^TTXZYZVU[\_YWXRR]WSTaaa_UIGMVWRVUPNIIPSUUPJNKILPRSNV_ab\TQTVWPU[ZY]YKELS[[[_ZSRTVRXZSKU\UV[[XPJJNTTLMIC>8CLZgif`ZTNP[`ije\SLKR]^[TTVTRW\XYPSW]a^RKPRO@Vbeec`WSTSVNINV\a[\]kv{}scY^dcYEINRWRZ\Y[URUTUUJIZ^[YVUWQGIQVTVRQVXTWOMJMUWZY_c^]_^YVTTUT\[STZfedTQV]ab\RQPNLQV^]V^_[^_^WRW]XOMQRUVPLMQOY\\`b]VPR[[[XY\eibXU_^UIQVRNQX`]]YTMNKPU^]XRKJR]cVCHNLQVSPWdcYWTSSVZTMLJONFETX[URPPSMMT][NOORSPTWYWSPOPUYRKV\`_YQTY[XWXSPNG@JQRTTTU[aafbVNOTPPULP\]WK?CKOOQLLPRPYVSVZ]YSRJHKKNQURR[_YQPLKLTTU\[WSKOX[]VKIJJLFENXYUV]WRV][SOMHNUVZ\^^YWX]WQJHFNVXSOJILUTOHHPNMQNPTXYONUTSUYUNP\[YUSRPPVXWQMXXXV[WQTSSSLJJRPIR\WOOST[^YWXXSS[ZXTVYYVWTTQRVTX]YQLNPOKGJNY[[^ZVSPOQOQPTXY[YRNSWWUWUPNLNRMPTUQXjsp\POSVRPPQRWWXOPTVSOMFFTZ^\UROZ]YVXTDBLXYWVTRSXUTSRLX[\XTHGSZ^\^XWe„kPScga\SPOZ]ZSIHQOG@QQKJQSZ]\Z]XSRJ=GHNRKMYb^Y\\SNJEJUYQINQPQLRQY^ae^[SMWcieZVQMQSXUSRYUTZTMJHKMQSPNOPKIPNRYab]SMRURRTVYTDPTUY[XTRRUQFGOROQZ^`a_UMFIPVQNPPJR^aYVTXVOONOMSOX\^^YUSRRPSUXX`gkhlu‚€vvwtli]WQNNOSTWPKJSRUSQNOMTRLM\pwtgYRX\\]_]VJ?@HJSZXRKIJX[[TUUUUSPTTVVX\ZPNY[XUYac`[KMOGLW^`YYa]T]ed]WPKFRYQQRVW_\URVc[ae`SNJGRTSQJPSNKTXPFIQWVPOOUVNLV`_^VLPSQRPTT_^XKBCMWXZ][TT^^Za_NHSVVW\]_YQQLKKSWOKCOOOV]b`XSWVNZ]_c_^\Z]\][WY\b\_bd^VXW^]ZYMGNUWR\ilkeZW[XRRRHNX^`^]\`u†€umfg^RUWZ]_XMWfhaSUVV\ZOS]]Z[SXYNOUWSNNRUXZZXR[^ZU[]XV[YXVVQW]ce_WXdca^__aijbSZ[VPGOUW[cb]__^^Z\YUTTTTWWPRUWTUZ^db[Z^\ZY[PP^ef^WTVVUNRXYPS^ZZ\^UOQWTR]ZWTQTYipeMHMORRW[eond[\ZUVVRPNPUSNQTYTTQMONGCEKLHFLQYSJOTTUOQVX`\Y__[_XSS[\ZWYQQQLIOZ^TNLFS]b^ZGQQKIT[ZZ^b]UGHIKPSQUVOLY\ZQRPNQVWRJHQV\[TMMFAMSRNOQV][UOAPW\[UJPRRSTQW\^[Z]WPRUZ[WRPPTJDMTYZSXVTRQQLLPUUVWVVUQJLQTY[VJ?DRSSQRQTVYVRU\\XZ\[VQROQNOTUQUVNQRSSNLKIMLPU]YRQSPOWVV[\XUZYTJRWXSUVVXSNNOPSQTTUTXTOMT]]ZYUQOTTSUSQOV[YOQRQLINSOFJVWVPOTOa}…‚ubSTV[ZZ[[UQTX`dZYQMAHR]^ZWY][YWWZUQRPPQPLRUUOSWTLPV\`^UPTQIJNOKQm‡•’aNS]_[ZW\_^TQIHNME?JOPPSRSTZ]^YUTLKGPX_[RU[VU\^^YQJKORQHMNKIQX[`bbd\QQSVZ\VLEFHJNQRSVUTTYTQOJNSTWRPVZYSRVZ`fc]TTSUWXWTVUQUV[fda^WQOKOPTSPQY__]a^ZPJHBJNQOLX\YQILOKKPPTNHLV^dbYPMS^`[RIOW]bdgrz{xuvrfc\^[UNT^^VPGNSTSVTUMOYSMMZhsn`[Y^eed^[SPMPTSQNNILJR]cXMPSUSLJKILUY[WMMUY\]_fhi_PRULMV[_]XWUQVbb[RNJOX]\XWRY]WPIR^^_a]XXVTTOLLIMUUPSVLFPUVYWWXYXOKRV^^]YVWRUWWZ[ZSPTUVUSV\_Y[cd_XSMMKGSXYXYTPOQOV]]UV[ZXSW\XRNKIPXYUU\^a_\^]XYSU[]URXVWX\ZWWVZWPSXZY\home\W\WPSRUTWWTR^\Xftyyrli\VWX[]db_Y\gj]RRNPRRSUY][[Y^^UW_TRQU[^_`aYVRXZYZ\UVWWWWTSVWW_]YZ_ab^UWTei`^ccYODCNPY[^]_[ZY]\TPRSVZZUQOWUYXV\aYNTX[Y][SRX\WTOJTQTURTTNOZYVXXXSPXYV[_]VRTauzp[FNJNRV]cjjbZVSOKIV^\VVWRQRURUXKHMPMHILDGJPUVMOVYVSTUVU[[b`YQVRNMMRMKMWYPFGQRBEMRSUUUVVV\IFT^_]`_^XPMLIQUSX_VNUZUPRNFPX`_MEINU]VLIMLSXVTUV[ZYZWRMU[^TOTVPPOSKS[\XNHKLTVRRQUZYP<9JQLLORKPUSTQRUYXXSROIRWWQSVTOSNEHQWVSTUSOQ[\USUXZ__ZTWRLU\VQNLNPTTTY[UPKMJX^VKIINQKOUVUWUQKIPRVTQW^bTLQY[YY]ZTZ[^`\Y_b^]USQRPPOOPPOVTMLIKQLJPUQMTXX[YWWcxƒ{kbYTW\[]\PIOV_db`ZNOROPUOTceYHP[`[ZWRLOPSX][USWSX[\WPNHHL?QWOL:Th‰†w^\]eiedd^TFJHCBDGNRSOQUWSPZ_[VUUSQNR]__ZXXYUV[X]WOVRORNFNNL\fgbWMSVWZZXUWUKGLNPSWSNY\U^^XWPNQWTONQSVYWVZ[\caWEDINPSPLMOVYZ_aaRQRTTRT]\WUW_acWTSURPNCDQWRQVUOH;EKLNQV[WFIS[\ZRPT^db^OIPTZ\\bnx~{ukg\XWVXSPV[\ULIOXTSUUYSOUURRW^je\XZeli`[YXUROOLMOLHONVbbVGGMW]PHLNJEHJKHMKJQWZ_dg]ZZ\WY_ZTUURNJHLKKCANRPTVTUZ^ZSNQVUXR`YNOORRNEDEOWZUPTRUVSQOLRVWXRNUVXY]`YTQQOT_]VTRKW\][Y[W[chbUQNNVYKJQQOHEGFFQ\c^UV[YY\[[]\USLQ^_TGU_\^]_YTXTRUSLQRSY_\VRUVXKHQVZTYfjolc\Z]_ZUW[Z[YS\_^_^_dornj[YV[`id^ZZ__[VTQOPSWYZVZ]]]ZXX[XSY[\ZUYYX\UV\[\PMBKTRQSRUST[ZSLQ]c_TX__c^_d`ZVUTQ\ZWY_`^[\Z\VUSU[\XQOW[\_ZYZZTMOMNQZ]ZYXX\_PFISYZWTRTY[ab]YWPMPRU]_\YW^kx|tdVOMJRURX[ab_ZTNJLSY^^VWTKKOSYVQRRQWYVMIMPPSVTSRSMKH@JVVVVXVVQMDQUMNOTZXNCNZ[UOLGY]ZXXVcffXUQT[W[]WOJKMPRPIRYYUZYPNONMOSWTNLOHKLJFMOOIEJPOUSQNOLJMNUTLPYZTMQSPQW[XRONILPHJRPUUOKKGGDJNNQVTOIONOUUROPLDOVOKHPKNWVH>EPQQPRSPRTVMJJQWa_UTYVMP`c\TJHJQSMQVULHINQVPAHY]ZQKOTSSXZYSQJSUOQ[`\T[`__[[ZZ\^ZYXWWWUSKJPPJJSRTRLSXRGN\a_QGOSMIMPPSMKQ^hfkhmh[TVXTTWTQO[]^[OJNUQTQMKSZSFDU^YUSOVY[YYZWRKTUSXWSPEJFIT`^_XVboox{{W[cg`Z\[UQUWJ?KPNOOOSQMMMPZSKNVUYUOOWWPJOXUW[\_XPRVUQKLMJKY_daQBLOOWXVUXYXSQNLT^\YZZT[_VKBDLRRMJNIFRY\[YWUTQMUYYRKRPEMRWZ\[VMFLORMPXYQLXX\^YNEINTVTPVVRNTWVUKGNRSSV_\SKTUWPOOTYYVXPMPQ[YSdow~}pjl_[WRQUVZ[[[QOPSTUQVZVQPLPYSX`aXNP]ffc]VSPMONNPVYWVUTZ[TWYU\ZRBFMUSPKONILSWPQSX[ZPUSPRUXZWSNRMIGDLQSOOGOMVY``TQXXWXWQNTKMKPPNJKONUSNHJSXWSU[VSPSTTXXYWZ][RPVJ@Ucfc\XP`hec\WT\hh[SXNJU]YKTWVZ]VUFO^]\]]ZYVRUXbec^WUYWQUYZWZfh_OMLLMTVZ[X_]ZRSXXUOMTY[[\_hime]X\[XQQVWX^[Z[]\\[l{‡‡yg^^bggbVZPLXZXVXZTTYZUXVYRXUTWYZXY^YUV_c[]]^\WWSTUWYYSUVTRUZVOPZ]ZWMS\^\V[ZVMRYTYZVVY][\YQQUUTYZ]ZVV[`_ZWMKKOX[ZUT[dcedacml`SIFT[`\X[ekmh]WQMPHER[\UXUT`iijg^WNHRUU\\\``]]T?HNFPVUTPLLOTSLOSKEJMQPVZ[VLKLOSQQOLGLW[\\`\[XQP]ZQPLKY_YQYYZSKOVY\^_WW_egbXHMOLV\WSOLPMLLPUWZ\[]XQQV^YPMPRRMLMUWPQUOKIGJMRWSNSPORV[VPT^c]VORTPRVURSSNLTSQOMOLHJFFQSQVNLRNHUZVPWTMQUPGHLL?JQNLSUMCMSVMPWWTUWUNIJFO[`\UXRIFJSPPQORSMFJRSMHIECEHIKRSNHLPWXTZ__UNMRROMPSPPX\Y\\Z]_^\WPNPQTULKLPXXWUPUUSPTXQHT\]YRTWOFORVVNESVUXZ_hjdUNLFFTTKMW]`d_U`WGU\[VWWWSSQTRPTVVSLPNOQVRPLKECMNHMPNNSfxqYX^dn€ˆrT[a_V^abc^[SCJRMHDKOOKNQY^]VOSVVTSRSYWUROSOJOTXRJKOLIPSNLIKTZYUUSHIPQRVW][XQSZajbZMP\[UMEKKOPRTTOMMW[Y]\YUVUUWXSLLNHJU[][WQJHGOPKKLMGPZZRPWSOPTU]\WQOACSRWZTQUVWVTVXSQTSJORKNONRNKQSQRSN[intunjf`YVPNQWSZa_ZSOSSUQNUQLQPMMS^ii`URS\^ab[RSRSSVW]XTUQDKTTU[XY[SPKR\`UQTYXY\XSOMU]WLPUZ[YSNPLAIMLLMS^b^Z[\TOV^`YKVTUYYWX^QVSSYWSVTRJFJNQZ[XWTQXSSSRVZYYYRUTSX]UPXaeiaRUfjfb_VU\aYX[XRHGTVMPU`hif^TJV``_\WUIIQ[cdd`VVWYZ\\PJ]mqeXNRSWW__Y\^\TPPSW[TRW]^YZ[[bhf[TWZUMSSNRYXVX^^_\gz‡‹~gce`Z_`]]WNSYUY`\UTYVJRWVTNTUZ_YSV\YTW_b_b^\YY__YWYZWTORSRWYTSZa_TRPT[^^\Y[VQS[\Z[RLUYYXZ\YSPRXXUMNZ_ZUXVVURJFPNRRZbcab^_gf\UUJK\^[TXclkcZVVVZOKOUYUQPGRZ[edeaTJNMW]ZST\aaZMJPRSNMNDEDINSURQRYUHKQUWUQTQNR\\XTNLMNMSY[\`a\YWZVSXRMUfqrzztg`VUWSSWZXL[__QFNY[WPTYXV]fgda[WQKQPV\a_[TQMPSQSQNQQ[VK=IRUY\WSMSY\Y\[Y\YWVPSWZYRLJJMUUYXXZT[caRMONMPW[UKIPXXVRYZSX_`ZLJTVZPTWWQQWUUSUX[YYTRTUUSVVPTVYUL]fdafjlib]_^PNMOVYVSSRPSUVQOSZYRQZZ[SLSUMMOSRKQTZ_WX`kqlaUNZ__]UQWYXY_a\RRZYUPVXSTUQUdji^_XTTUQU\^]\QSX_^\]^^\X[\^WX_eb]ZbbcbZPKKNUVWWIKVRX[YXY]`\OHT[^b\TX[]cb^XWTW\Z[MY_^RMDCRW\]ac][UVUNPX^dgg`[SPQ[\RNXYXYYWXTV[XURQMP\ea\[W]\POSQOLRYTNVWUQXZMOUUMSXXUNPVTQTbc]_djgaVZ^V\bqztb^hhdkng_ZZVOMLPVZWVNLPI>HTY[ULGHJMHEPQQSX[[Q\faZIJSVOMKXUOROFJQXb[NLGGPUTPHGR\VFP\]YW`jfQRLKZZ]`ZNPWVUTQORRWXHFJLIPSaca]WOEOTZXTQPICHHNF==EKQWTUUNKY[[Z]WOMUVPSVQNTUVUYL<:@GRSNJHPRROMQOOKHDEIJLLTZWTVTORJEJQNKMSTTOKS^cd^SMRQOSSQNJEQWXUNNIMTQPPLLHLRRNPRYWNRZ\QHGPY\[POMFPTXZYZ[[SGHUWX[TMHKTWTWb^TSOUZWWPUVUSYXQGJMOOPRTNLMMNOXXTRKJNH=HRTQJUivwsh^[WPHLAGOPRRIPWVVZYUYYTNNQSTUYYTTUVPZ[abe_WUUYTWWVPKMO_`RPVQT[gnlcY[`„‡~iNNQJP_`XH>IOPNXPKQZ]WUSPSPPQJKKPRRTVSMLP[\XUP\[SONQG@EQVPINRVURKNSOIOYYUVZ\ZUF=?ORUWVVSLIVej`RWUNLRTQTSVTOLLMORQKKQPPSPU^]`_VQQTRPNOQQPMOQSVUKLNSXYYY^UNQZ]VRNPUWYWWW[^_YRSNRVQOW\eks{zmYYZ]YOU\ZXZ^XURY^^URX]YVdmnf]TRTOLJKOSWVSSOUSTMHGQ[XSQQPVX^`]WKMVZZ[VV^]MJRRNSVSFGEKQUXSOORLYb_PJJACLKKMLLSVU^jia^^a]TMOOOTXQITZ\YUTUSUX\ZTORLRVYZ\ZMM]eggbcc_[XVTUYVU\[UQTTSPUSNLPRUSVXWVSIEKLJPLHJRZ[^\TQ[ebXPLNZ^XSTY]XRZ^\[[[ZSTVZ\\][^djh`\bXTQ\][ZXVWTTY^^afd`^XWTXZ_df]WXZad`\WSROKQZW[_a]Y[XUW]^TCMX__YVZbcc_^YZQQW`b_U[\YTWWTUWYW[ZZ]^]YTTT[bdba^YTVZ[UQTUWWUTSTTVVTWa^VV[]YVTW\POSRMSY\X[`a[TTZWQX\ZZZ\YVRSYXVX[W[Zaebed^QY]iwwj]\YR\ec]^[TQS[adba[SLOQKIV\[RKCJQTOIJSPNQQLHTUVQMJRMNQNSUTSE>GR\fgUNMPQRV]]WQWWTVROSPRX\QJ@JRZ\]NLFTQNIHKQXQKORQJSUW^XUYTLGOPQNNSQLEFT[QE7;NYYWSEGRTS]a\TV[\OPPKMQQMTUSNMFCKOLDFPUULLMKIPSPQOKEFV[QPTPJMQSVWOILMUWOLWcgbWSQNNNQLDNQJPY[SPRSRUTTYVRKLQK@CNRPLVZSG@BKW^WPUMLSVURUUXVRFNQMPY[YUKQRT^a[LTUSTWYYUSPRU\VQOTRTUVVSQTVTV]VGDB@LJ;8TXTPQMZaf^XGSSMKJRTUUPFMRTboqg^SUMMYYUUWWTWTXZYUL[d_UVRFLTURQNIGX_ZUU^^YdmmbSSchyug[TNIT`c\ODR[WTWVPNUTSY]XORTRSTWSQPEINSW[cc[VMV[WKKLHLTSNMCCBMOSMIGHNRX__VMKU\UEFMSWZ\]^YKQac]aa]WMXZSRRNLKMJGJNUUUSJLNRY[WY^ZSV[[VRTXURSUUVUTSWSPPTUYYTNNOS\\RRUWZ[^[[[XWSTSUUSOWaefs‚sb][YXPUba]Y][SNNVXQFMUXV_gcec`^[TRVTQPSVWUXWYTSVXYYYQTURTXXY[WNKQSVUUV]]TPUUOPWTJDFJSYXJENRSXde]VTUUVRTZSFMUITbb]TYZ[WNCLX[\ZTJT[ZXRSPIQ^ccXZ[MIRQSXWQLW\]]ZSSTTXURZ_VTVX]]]YZSUUJEJIEHPU^`XNRZ]STWYY[^`de^VUY\VSOINYZVSYY[WZ`fd]SLQTTXXVUYcegja`c^VYde^[[VNPR[]\\b`ZRSVT[ZSR\^YX\_^Z\]VURKR^^Z[^^\Y[Z\^caZTSYYY]^\[XR_ed`Y]ea\`^YVYVVXUVONT[ceb[VZYRSVT^aUSUUTUQNVRMPVQMMTPQY`g`ZUY_\SJKSZZVNLTWYZ^\VXVWVVZYY\[UYUTYUUVZ][XUUbfih]RIQWeic\PGLXccYTQOOYdjkg[WYWYZWRPSVVROPWXTLORKH>@GOTRQWSMROMXXQNUWOFMQTTTPIEGOOU]ZOKNW_b_^\ZWOQSO:@QY_VH>=O\XVWSOMGHOVa_YVTSRLPVVQMJHGPSPOHLS^`WB@O[^\WNOQOMQYVQKTNHONIMKRRSLRZ\RPNHDKJFSYWRRMKNRU\[VQNV]]ROKPQVXTRLJKNROJGQ_ef\RROOOTVQZ\Y^c]TQUQPUXUVZUNTWSHEIEANUULLOIIOMKVY\Z\`ZNMUUMNQVUOKRY_^SKNQZZOMWTIES[ZSMJMSPPNSXRNRW[XTW[]\[RPRVYSOKFMUTWWWOQW^ZUUUWURVYXSPPUXXkz{sbSQMSci\SQOQSST[\YOWde^ZQTTPNV_bYPQPKL\gh]afe`LRX`^ccdfYJJTVVXVTTNPUX\VNJMU]ZTUSV[XRSTRMSSMV]`\RNORSPRZZTW]\WPQKNTTPJCGFPSYWVYUSRSMDLSQQTTTZZTV^\KX_^YOW]VSPNMTWRMQTWUUMFBGU[VNLSVVY[VRMNMLKQWYYTQRUPQW[^`^UTVQLTWNQXSQVX\WTROQPRRKSXX]ajnv}€~o_WTRWfjidaYLHOPGDEIMGN[^_hmnh_[XTQQUZ[URW[RUPMR\ba^ZZRNURVXYVPSSZZTYYXQLOPNMQTPLPTYZTI:INV[^YXSS^b`XU[ZRTYQI\ee\VSSUHANad_SSLOWVRXVQINRXZYXWPTWSU_`ZSSUWZXSSV\_[UQRTVWYWYVUPPTVSWSRSQS_lk\UX\]Z\]cf`\^``XWTQLQRVVTVRONTWW]Z[Z_\OQWQKPSOQ\cisthb`XR[ab]Y[XWSSTUVZ]]YV\`Z[TXhqogabb`[WMLPTQZae[QLRY_]_]XZZUWTKVXbdb[RRcjiaZ_d^VTZNMMS^Z[WURT[a\\ZWXXUSZ_^]WV\ZWVWYXXPNWYQVYYTRW_^]_^YTONN]fd]UORRZXXWRTSNMIPOW`]SMPQXUV[\cbXS[ajmg\UOMUV^d]NHPX^^SONOTU^gf^XXWWXXWVWMMZXOMNPKFMQJGKMMLIQSUSGRTOVVQQWWXVVWRIJIOKKPIENQSVUZajh^ZWWUY_]WMOZ`]QDDMNRUVTROOPOV]^a`\WQOSURME@BJPUWSQKKRSJEKQPOWYRMMPQX[XTQUXWYYTK>JXXRQVXSTQSU]UDENLLHGICGPXXMILPRZ\TQTRRWTPKEPVVRLKJQV__WONMTZ[UMWY[[XUZ]YSSTLMVULMUWUVVTJMRJIMKJINGHWXTTZ]YMMQROJU\[TRGLMVUTTRTRPUZSHHOUQPQQSSRRTRVXXVZ^WOQVTX[TOJQRPKLNMOXTPPOTVVTUPRSSRTSURSURTR]qupf]YTYahf^TOPOIS[ZZZYfstfUQXWS[b]YRVQIFP_ZROZRFKX^ZVPW``ZLLLOU_`RJJJLOTMMVNIQTQQRWVUTROQW[\XUUTVRRIMQMPUYWSUYSPNKQ\^[TNRLCOWXORUVVWVWVTOJQQJSVV`c]TOX]UIJQVYXSQSUTUUVWURMEGMYZPPU\ZST[[\[RPPLNTYYYZVNJKRZ\][VYUSPTSIKOLLJIPSSTRPTa]YY]\VT^dny…„zi_UIN^iljbXMRUUNMUUQDPbcbfih_WWXMGW^[]ZY[[QJBEQ]fe_`bXX\YQTVTWPQ^bVVa]NDSSSKRY[WVVXWVSSQX_`_ZTLALZ]OQ\\X^c^T\gf]VLKVPTTR^^\SUWYYXY[VS\\W\[VSPVYXRRTTRQSU[\[XZab]WVVYVVYUMOMPV]][XWOLQZella[YQQV]bcgdWTX]\VTMOLLTXZ[YTYXONSRLMTWY[\\ZVUXWV[blrk`[UZ]a^ZXWRSQOOLLS\cc_]__YV_ntpc\\[ZYURUVT[^dd`YQKW\_aZMV[YVYNOU]dfbXOV^ed\_^YUOVPZ]`^^\[SNLX\XYSYTSPSW^YQX`^YXYY\ZUQQTTOQXZW\\UQ[ehbZYZ]^bge\WLP^`[UQPOMLIJQ]b_ZTOLQPLU\VWUW[ahnh\URNQ\^[WRZSKQUUWUUTMLSQQPTWTJOGGRVTWQNHKSPGMOIJHJMNNOQV\TURTTRNY^aa\UQPLOPKQSROKVUWW\_]``YNQMO[a_VSPXbbWQJNMJOOSONLRUOKQSX`ZPRUUUIBCJOLJLRUSQMOOEGTYSOVUOPONSY\VRSTU\^\QJMRXVTSRTWUQU[\WNOTPG@ENLOSTRLPQPKRW[]TPSUTWRHORRTXNOQV\_[ZUOOZ`]WRKERU[a`]WPDFQUSNJQZ`ca\NCIMPTQIOUPFJQJIY_XQSOQSPNUXZZSJJNQQVXVY\^_^R@HQJLRSVPMRVWX\]YVURMNTUVXSNMMMFFLMMQVYQFEQWWUWTOTWWZXSSSJBIT_ekf_aff_X`g`SPRQKV\UQX]ix}rcVUUW\]ZUSW\O:BNSSTYZ\ca\SQNT\WNPQWZ`c[PKHGNQLU[XSPTNCOXTPLLNNY^VUWTTWWQMLOONPPYUNOMLOHMTSVVTUTOTZXMNRWZZPPWURQMTX][UXXWPLSXPBJSWWVKBCLSVUNLMJHHIPWYTRVX[ZYZ^WWQLRYUURS\dc[XQTYWPRNOPQSVYUQLQXUPNPQXbe``da]VUX[W[[n~ƒ|ncRMQVX[][X\[\WTV]]YNW^]chkj[W`^VQX^b^]\[TPLMTR[_ZQU^aab\PSXVTRGT\VZeeZHKSMIRXWUPV\WQQUVY[ZWYWUNN_cb_a[NQU\YSY\WWPGMZ]QKSUWYV[XVUSSW\^YVZXTTQPUXSRFJORIMY_]XSWUZ[``^VINPJQWUWVTTUVQWZ]^dfe`XQQUX^`\\TRV]_VVRURHGLTWTUZWOMRXVS]`c^X[WRV[XWWR_gkg][_\\URSROLMOQNMTZ_d[UV\^]^be_YP]dg^WUXWYaa`bd^QFMTUZPQ`eddd[XVUZZ]a]PZbaZWVSVZ\fOZ^a]XXZUQV]__[WUYZVUX[TCGPYYVMSUW\bd`[TQTTW\^UQUVXYUY]c`^]]_ZUSSTPFGLOU]][[]`]YUKKNMPOMIM[adfjmeVKRWVYYPORXPJILMPTVWOPNFMRUVOMUJCMUUOKOKQXTPMMEDGLJMHGPWZZWTVXVSSXVYWRUY[SLONPOTTPOOMWVKQUQXZUQUVUQSTPXZOJPMHHMXVQILLNPRPOSVOMUROLNILOPJLKKORSONMLZ_^\\SVZXUURQPQJEESYVMJMLDINJNUUQRY^]SJNTVTPJPSMLNRS[VKGITXXVT[ZVWPHKSQ]_XX[YXZZ]\OLW``UTTY\VPTONYVOOXVLKQW[bdda^PNKTUSW[_ZWTNKS__XV[QPTPLPUYZWOFLPNU[]WYdgc[KKNBKRKJNPNOVWX][XVX[[YLMWVRMOOIFOPILMRVMPUZUQVUKS]]]^ZYYTNOQVX^YVbghhbYXSPUXVS\\TRZ`bqupcWQMKS[YWOVZUEGHSONWcjl_WUTOT]cZUX_b\YTUX\WVWTLM^b_[ZXNS_\OHIEQZ]QQVYVVVTLMKMMKLSRLHGNTSRROQQROLFPVVTQPSXSJ=CEJOMQV^ZY]abTJNJIGPZ_\VTUNINKMOLNQQQRW]^^[[]`_ZXRQRQS\ab\TPXadf`XSPI=@LLMNKNRWXZ[ZYYXTV^jmgZ]_\YUWX[befxƒ€ubYSTWTSY[\_a^XS_eibWY_dkjlkc[^^\[XZ]_UTRFMWV[Z\`^VVY]_[W\^[WTURLRQSWd`YQPPTYQJELV[WLRZOOQJQYXRSS[abca^VXVUXRNSU\YMPWa^_bXY[VQXTPHFPTSR^c`[VSTVZW[YV\[PTX_`ZXXYZ][^[SLGOKSYSKRTRYYUT]WU_b]UNVZWZ[[ZWZ[\^VX^b]VRQTURNSULFMV[\TR^]PDQONY]VPPKN`eeb]YVTTPVWXRQUVVW_a`_Z^[_ZZYYYY`eosof[[YU[YWRV`^YUTSSORZc`\[]USQNVSZ``]^][WTUWQTZ^P\bbZURTTZ^\\YTYYWVRNTSNUVY]YRKKNY^a\WPT]ZVZXZ[Z\b_TJU_b[QMR[ZVQGDJS[YX]^XTWYZWTTWTRQMNSSW\fklqlZJOQWYV[ZYTKDIKKQPXWSXWRXYYYYSQOTOMPMOSMTVRJGJHNUTPV[ROPUKDMOROQUVSMRWSUUQQUQOPQVTU[UWR9IQMSWOMPLIIOSSRRQTU]_SOK[PKHFQWWSMKSSQSSOORRIGEEFHGLQUUPPYacab][Y[ZXOHHPWVNNRQMQTPHGMU]]WONSYYXLJOSTSRNKLIMRW[[WOWXTQQTX[\\VLHMVZZXTXWRQRY`ZSGMQ\ZSPWZPLNIRWSNPXRSX[Z\]^`ghbZWSPSWZZ[[aTHLSVW\`ZVXZVWWSUYPIGIQSUVSWbc_YPUWQLQOJKMVXYWTWTSSVVVWLI\_WKLOJEPVXQLLY[ZYXQJTUTTUZbfd^ZUYWVVSMNN[acii^^\ZXUWZ^aXTX^dinsiXUQIMQXVRQ[\UTXTT\emtp\DWUJKXWVP\]\RMLOVYYXQKNZij_ZZUNHRROPGLR]`TJOQWX]XNJHFQSMNPIGLPRV]a_WUSRPQSOSXWXYUSVUSOLWWT\ZVW`d^UVURMHGRTXW[]]SMNOQOWVXUUXY[XXX[]\SUNIUX__]^YVWWYX_[TVVRQOQOUWMAEKU`^YW]^\ZRcbaTMMSONTV\hjls€‚zh_]RSYYXY^]`]\\_eidVR^eic]ZZXRQZ^XU][PQQITa^TSZ]_^VQRQNRXY[[X[SIMTPKSZ\VPOWVQIILTPLLRMJQQJR\]MNYSQUY]]\]UHIB@NSXZVRRX\Z_[\_ZPUWXRIOXVSZde`[``[Y\YVUYWTQPRSPPU\adfd\VNGJOUVTKNVUSKJXZ[`c`WRRW\UUWX[[ZWPNLZcb`_YUVVQO^dYHMQUZSQSXIKRQOUSXWYWXcfhgYUTSWYZ][Z[ZW[ba^YXadb\ZLS[\\bmwsgYZZY]YSOEJQSORWXSNLV][UUWTU[a`ZSUQ\[ZPPUUSPWVVSQX\WWUQRZZWXXTUXQRPKQVUX[^^Z]^YVWSTSRNY\[RSX][UZbc\PR[ac\PRTSOEJIS_cbZZVTPLV^ZVXYSPKORWTV^cnr||oPKKNS\[WTQKGEJSSKLGOSXSNSV^XTTY\YTUUSSCBNIDGVURWMHVZXU^bYGJMSTNLMLHIQMMOPUXOGSXY[[a^ZUPSXXNIQMOKDFIU_\RKORY_[TRSQRNNWWNLNQQTRSUTQSWSNIGILMQQTVSRVY]WYXXVMKPQRQNVYONOKKTTRDAIY`c^SQXZVNKVYUPRHEGMKHIHQVT\__UQRSQUZ\VQMLW\VQKPNNTW\^XXYPT\YSOPOMX\[ZVQOLRRPUXV[ZSW[`YQPONPTTXZVXUOGNTKPYWVSTXWUQNRPEHOXYPJRZ]ZUMTY[ZTXYSLIKRUTQOMNRSHCNPWY[VHMSRNQZ[ZTRPUKNTGIUZ[Z[_``_[Z]`bUWXWNMTWOXacc]XPQ[\]\VNSZdm~‚{hXRLHQN[URYa\VUHLV_^oqiW\bZUWTW^^[OHOMSUORTSKNYabWMSRNMTYY[YVQW[YMIIGPZYRTSKPTKKNOSTTTLY`\VQWVV[ZUW[WRRTZ\]_ZTQUY][MRWRKUbd]VD@BPY[Ua_UDLSTXZ\XVTSRPQSRQPNOVUQOWXZZWVTZ[SRSUTU]_]TLJU[UKOSW^]RRVYWULQ[ZJDFNTSRU_cfbdjxzp`cc]\`ba`]SQUU_`_^YNSgi`VSPRQOPSTW[WSTUHJUZTQRRV^_USPIQWS\a`^ZYWTQRQRYYZSOTOPHLPIKSXRNUQMPX_``]SLSRPTWYVPNFFOUS^a^WNBNUYabYPOYVQM[ecZUX\^_caYSRTOKPTQJJMLGORW\cf`UOILSNPQYYTUXVSMTWX_^ZUWSSUTPQW\\WUVTNWWSUVWWZZVW`f`SRQTTSMOQLHP[XRRZcc[[aelna^ZZUUUV[ff^\^YZUMS\ddb`ZY[__kvxq_Y[\YZYVTKBGPWZ[_]_[PQRS\`ZZ`e`YZWUZYRJCOYVQ[\`[VRJORMKVXTMVZZ\[VTDNXYTTX_^V`da]XYVYUQONORYXZSOGMUYTUV\^ZMDOWZPHFJY^[QFOSTQY_\RNPMQRLPYababl{„‡~kPOIVaaXNNUQJKLGLOQNJHTNLQVWVUWXXVTVUTNCFILU[aXRDJQVPL]`YVWVYWSQQVWPRNHJJMNMKT\\XTUWTNDDMTTTRNLPPPMSYXRFLXZ\^b[YRXWQLUTMKRUVVQOX^[VXWUXUSQOPV\_YWYY\^ZW[[ZUMTPMFKOHLPUUW[VRLKLSTWSRVSSST^^XSX[SPSPLLLAKR\b`[TRNLR\]YMKOZ^[NOVWRIQZ\[ZYSQXPLQRH?NX]a_[QPWSKRTWVVTSRNOFPOKLW[YVSXYTIVYQIJMLGUXRMOOLOMMW]_UMTYYZYVKNQQIQXXZNHPMKNI=JYWOOLMLMLPIDGGOQUWW[ZSRMTZWPRVZ\^]ZYYX[]ef\TUWVXW[XRZddYLLWae`ZROLJSbt…|l\VTUWVYPX]^^TFCMQTgutf]]W[YPV^dQJTZUVUYUTOOW\_]UVXWWUZZ[ZXSMAILFMNGNJMRYWVVSSRNV\ZTLPQMKQSSWTMU`aaULQZVQVVNNKQYYQNSLJXcc\PNQNGRUX[[P@KMNSTSRNSQRTZWPOLPNRXTSVWU]b]YZYUQMPVXYVVOMQXZVTUIJY_^STWTROX_\XLLW[SJRY`dc_ky‚}skmnoieb^YROUekgbWQPFag_ROMUWRVRQVTPS[YSNVZ\WQHT\YUWWVRPOQX``]^`XVZZU_c`WLNUWVPTRUS[XXWSZZOW_a]VRQKEMPRTVRRLSV[W\eg^QPWYUY\]RUTTZ`ec[VWMTbb[ZVV[UHNTQMOSSLMMNRSUOQRQRZ\VRTTTXZ[\QRXUUWRW][QQMKRUYZ\__^[XVTRNOV__SP]]UNOSSVPJN[]YZ\^II]c`RMTalnibd_YZZXVZ[VW\``[ZZ]`_a^UTSV_lxvk]VVSPQXZYUFKV\```geb\XOHYZSUYXSV[__YSSOMT\YUX^^_`^YUTYUKV[[VTQTZZZUTSX\WTY_`YX\Z\\ZZUSNDNXZ]TXYUPKOX_WUVYZYMXaa[SLLS_\VQRUVY\aZLKW[bccYajd\Zgs†…ycMPWdb\SRSPVSQTRUURKS]YOJNVZSMTWWTTTSTY]XOQVYYQPPURPMOTPUXYZWTQQXZPLD8EQTNLSVUWZSOXXMJNJUVYRAKTSQOSVUTQU^YYbdc`YWZZYYVY[TSSTW^b]RNU[[XVTQSV]_[XXZ[ZVQHX]ZF@@=@HLLINOTRQLTZSK@?LYUJESXRPTUVY[YTVZZYUMLU[\ZZXTSRJRXTMPPOTTNQZ]TEDRZ\]XPRRLNPVSHISZXYWRX\XSLHKWVWYTNEIUWOTRSLOTZ\XMIKQPRWWQNRTVZWRNNOQSQQQYY[cg]LJWVGMP[\UMXZRPZVXXTPRUWVVSPPHCMXYWWV]]ZUHUca\]\Yb[QOWYVVZ]bab[OR]^^`]`gdZKOWZ`a^XSVTWQ\p~qYZUVUYVRU[]_VEJP\_u‚…y^[cmlbYephXOQQOFOSQVZ`ec_VTUUTUWWUMOOQQIKSROMBBFKQUSSSSVXXOLMINSSRRVY^aTJRZ]b`RVXTTURNKU\_[TPSJHPTXWOR[WKMUTZYVPTXWPFMNL\`\]_WINR\YVYWSSYbdbbUIOTUSUY]ZSRNJMSXWUWUMQY\[VVUQNSZ\^^Y]\OKQTcfe^k|{nkfnvvl_][ZV`oroe[TQPXejf\OVTRSUQPNNVZWTOS_a^UNQUVYWSNNKMHMUVUVXUU[VTX_]ROQOSQPIV[UTVVXWWYPPXZ\__XCES]`XTPRQKZXFK[efURURUW`aUZUW`caZQRMOV_]^[_]VNU[ZZ^[\^ZUTVKFRWVUUTQRX[YQSVX[QNVRNVW^d_ZWQUZWVZ[^^[TSY]\YSV`aXT[UG>FLU]^ZZ]ZZ`^QLRX[[VGM_klfhmk]W]\XWQNMRab\]\YXVX]\URX\elmke`WTPOVYWXYUX[\W_dd[][XJNZZ^]XXUTX^YX[V[[]^dhf]ceYW[UZWNUZ[][SRTVUYWYXWZ[\_`]X\][\[]ZSXPV^]Z[UQOSYZ\a`WWZ_`XTXYX\YY[^]XTOPSVYYXVXWZadee`abaabgu‚ˆ†vXILTVNILQXZSTXXVUPV[ZWMDDNTRLKTUSVRPPWYSGJDJLRRY\TMPTSNPRRVRSQRVXXZRQWYTOMOMCKRKJV[XZ[X[]ZQFHMUULFU^]ZYZSSX^YWQRQ[]\V[b\PWWW[]YLBP]YORROUW\[XZ\d_UPH<>OOLKGILRXSJKMONRTWXSGEJSYVQPUZQLMQUY[SNRW\[TKORQRUTTZZWSLSUORQMQUTXYUQOLOUWYTNQQTPTTUQUXYTVVSZ_\TKGIVY[[WSKIQSKJOLKSSQRSRPOLYXZ^WLOOV][TRKQXTHKQUOMZ^\UY]YLQPT]YVYWTQVZUMHIOX_^[SRUTHP[UUWXUUWRD[ehf__ab^QV[ZZVRW]^c^TUZXUTXagg\VRNSWYTZPIJWTJ]nsg\ZYZZWQPRT[W?HQT[m~”‹t[lljd[\jka^USOMJROQZeaVR\aa]^ZYVTORSRQOOSZVLKQQLJIA?NSTUXSNMNMRYX]]]_YS[_acc_SRRSRSWOIWbf^SQRNPVYdeaTRMIMRUUYZVWZ[UNQRJR\VQRRMGSVUPQGC@NTZ[dbSOPWTS[ZXMHPQTNJTYXTQMSS]^\TMOUZY_baeaWUYY__XR^szu`VVfuyuf\ZY\^ed\[VTRNT^fhaZQWYUNJX]]\]UJJOTYVRMQLQTTSSSRLHGIJLQXUX[MFOUQJPOPTSPOTTUSPSTW[XUOMIPY\TRW\dg]PMSVNFQQQWY[URTWTX[]\]UMUbcZXVUYZX^`gfa\WQRY]``[\aa[UPNNY`XUVURQ_caZTRNNKPY\]Z[``^`\TWVQT[[[`_^]ZST]^__\YUSTU\\XU\XUOW[`e`ZXX][[ZQTepoggmiedhd`]YUOXa`_ZVX^\]ZXZY[ZZ_flkd^XUSZ\_b\PCRUUV_]VSRQIS\a_YXVQLWYY`fefd_Z`e^ZbcYK[]XRUUUWUNQZ[Y[`^]YSZXX^`_bb_`^c]UYUT`aaaaXVXYVY_[\SSU[[XMHTY\__^ZX]YMNWU\`d^^ZQP^b]\cifbbs}ˆŠƒmTJHSUQQMUYTPY\[WVTVLGH?ELQMVW\XPTYUQTXVZZYRLQYY[TRX][NJMMNJLPSQTU][]VSW]VYYSRXUIU[[[SKQ\^WV[ZW[VJR[]QWTMSY[VQSY[YWXVZ^XTTOOQQPNJOYWPXZZ\ZYZXT\bedZQFADLNQJJLPTUSVQQNHPVRDCNTWSOUXWRHMPOU[VOHPSPOPVUJDJOPOUVSNQVWVZ_d`WPNNMMOSWXXWTPLKNTVSOQSQOKMLLT]XJCKIPY]\[YVPNQOJHFETVI@LS[TPOQPTVSSRUZZVRUVXXPHNNILQSRSXVUHFGNYYVTRXTSTOPKNTYZWVPR[WPXZPKX\TZ`WP^cc_YSVZUQV`a_[TRTX[[[YZ\RNTZcc]ZVRPRURQPEKSYUWcgd]YYSTQTXUV\XSVZT[^kŽ‹€fejYDJZa_`XNRNURUQIJPRNTV\\_^Y`hcVIGLPOOUWVYXROMKJHEMUURSPIJPQRY]\]^^UO[___X__][]]]\XMJOROPTVOKPZdga\SJCMUXYQNOLSVRNOPJRWSOJNSUTUORIOPKMLKX\`_XTUVSZ\WMONS[TBGQTWXYSTX\WUJNTW^dhe^ZV[[[\\WPXjwul^QXhuzvh\]bgfXV[ZUPMPY`caTSXXLM]aa\XXUPTUQMIHSXQOJGMQWYRIEDDLTTPVXOJPWSRPLQ\^YONMLSTV[XWUUVRIMSQKKSZ]dWGQZa^TV]_TUXVTONPRKOR[YVT]RX[UPRUTOU[`YOPOCFQQPV\^_\OMUZUZVRSXX[_ca\XYVHOY`b_]Z^YV]YTXTOVWQSW]^^YSJPVXUOOOGFOU^[WUTUZX[[Y[TNQW[ZSNQaji\\_fpplica]SV]^^caZZ\[WZZ\^]_^ahnrj[RW`Y[a`YKKX\TVYZRMQNMQTQYXWWUUUPZdgeif`WPUY^c`WVVVXU^`XVSY^a^^adc\UUSSYWUZbb_a\``XYZZ]]]^^]\]VJLW`\VEMU]]VLPRUX][[[^[NMOV^bccZTKIYehgekoooqr}…€rZLQW[XTQX][TW^[RKLKSYVTOOONSTVUOSTTJIQZ^cd_VLV``XQWZZRPOIDFOQQTRS\`d[X\\QOT[]YVQVQRRORPSXSUZTNTWPNYWQNRT[_\YSSW[ZWQUNRXTXZSLOQQZ]SOMOVZZZYTX\UY]a_ZVSNMIIKLLISVV]a[XVNMPI?GNRXUQV\[VOUXTTTOHQSVTRWZWLMPUXXSRSSSWVY`lqj^VQMGGMR[XVXYRJBFNW`^VQUROPSXXSPLJSVX\ZRSVYYWVYWRPOPQEJSXZUPONNOMTWVZZVPLVXVQQPTURUSJMILTSOIOQ\\WQMQQKONNTSURJBBHQXVLUVNKY[PT]V\dbYUULFNNGPVYUKNQUYVLHRWY\ZWX[VQPRTTKKRPOOLTWRM[hnhYPOIPZ`XUXWQXUWclfewzms€t_S[aXQOLJSYXTONJGEMRWSTT]szubQOKHLCISQ]d`YOJNMGLSWVRGCDORTLUXTTWVTV[XZUSY\_aa_b]UPSQLRVVSINYaff`XQNQY^YOORKIVVPPLJR[YRJBHXZTQONSTOSSQX\[XWWUWTXTNOTSPRSKMKNSW[]ZUW^WKSTQ]eda\ZV\YZba\YYhuzpdZ^gv}{r[ZdhbYXSSMJJDO]c]QWZUTYbhb[W]b`ce`RKINXYZYTPU[]YNMOGCMPQWZVUOOSZ\YSY\ZSKJNTXXZOPVUYWTW\_YVW\XWUX[_XXVSSZTTXZVPW\YRMILQSTYZUWUSVMMLMPVQNNNGEOPTXSQ[_XW[]``[VVX\ZXZXPOQVRV[\XYTY_YLKWX\][VRSXZTY^VROY^YJJOTQJFHS^_WWZZVOVWYVPRVWQNMNRY\YV[_acfjnlfWV]bbbdehd]XS\YUUZ]epx}vgaglk_[XTLQVZ__XUSSVTRQLV_][RYWQEQ_daX]\ZYRVac^]_`]QNPTZTTYaea[Z_^Z[YYU[^[SX]__\\Z\ZZVVZ[Y]^\]`^OL`hf[TV\``VPRVVRTUWVSXWY\^b_ZXXVZVXesuokmlkhacpnh[VNNLLIHJUVW]\UPSPR^cbWHGPUPKQTQUWSNMQX\\__[MN\]RKOPQPQSPSVXX[]WU\\WWRRXVORUZZYVX\WYUWXUMIPOMNRVVaa[YX\`_SNUSRV[TF?RYYWQSUWXQU`e_OOUTWZVSNTPP^df[PMKPMNDKRQHOWT[\LLYWPMHOUSPNNSVXUQGRXXYXSOQVYWTKEENSOSV^\XVXUTUWZchc[][VTRTWWPLQRQQPMSX[c`W[[WVWRMIJPQMPUWYXVTSQOSYYRTXZTHGNOIKNLOUQONX\^URLGQWPFHMSTW\[TYXSOTTUXY[ZTUONNLVYUUXSSNGGSZ^WRXQQQ]b]YTUX_^ZZXRLIHH=KRRRYMUYWLKOU[^_[UXWTW\XXYXXVY\UPSREJani]WSKJ\]XXYMDNUP[`^Xdfjxˆ‹~hPSWLBBDPIKQRWSSSJIMSXXUNSjrpd\YUWYLFLOV\\\ULEFHLOUWTROIHKKFKYVLRUWZ[[YWTZ^\TR[cbVMSWVXSW[VTY]b^\RLNTXVYXXQHKQMLRIDLUTUTRTXVQQTSMEKUWUTUOOTUYQHHK@?LPRSRQRRRRLQUWWX][SVXWX\\`deba`ZZ[XNTcqxrf`hlnqpk[W^e^TQSSSSTOPTY]YVOHUaa]]^XY\`ad\SQQUSTY]``_]]YTUTPNVW]]]\\MHMMZXZ\`ZUUPKXZZXKNSNPW\XX[`c`ZRKMRYTRII?DVYV^XMFQWQGOPPY_\\ZTZ]WVRWUSRRNIMRRPMUXQQW]VOUYZZ\]^dcaWXTMLEJORUTUVY]\WRTXWX^ZYTQUU[\TONV\^YONW]]_\VYZ]XPSOFQ^b^]YQRRNHDDS^[U[`_``hljc`\Y\a`\`ijf_[[]_[VZ\fpwvpe^emog[VUVUSW\XTY]]QVYXQ[a\TMMPMOYbbYQX]\U\_bb\U[b^YNIT[_^YY^]UOSW[^b\XXZYWU\`^]WX[\`[VT\dge`ee^\]ghf[TRWXWVOZa^WUXVNOY]\]cc[SOQX[YV\lrsuqpgb`emkig_VECFBACONUW\XXZWUXaa[QNTWQRYZTWWPQTRPPNRWSHLSTOPGHIIOTYZ[`]\XSS^\XNMX]\WPVMNUX[^ZVTX\[XSNLQYcdcc_X][_fbXITSXWWIDHJP`[VOVZ\SO[c]UV^ZW[^\WRPM[jf_SMJLQSJIQJGOPKQWRSQSLFEQVQNRTRQPLCERTQVYXPNU[YTTNNKHF>FOXUSW[WT^^XUS[bhfd]W\XKINSTVUWSPSVY[Z\ZWPKGNMILQRKCLTZWPOKIPTTSWZWKEHIKSXUXXXVTSWUNITRUZVOLNVQLQYZYZPSX]^^ZSPWVPLLRZ]TNONLRRS\ce\Y\WUU\`_XPEKY[TRURH>DLLJTX^YNNUXZYWWXZ\XRVYSU_ca^UQQX\WQRMKN[cfc_]]QUTOU\VSW[XVRFLW]`ev~{jZPSSLHHQLJLTTQV^XNMFETYRMZbhge]UQRLKOUVURSTOG>DOSWZYVVNCHLJLMJNRNRRLMMNNRWVSTW]WLIPY_[SPRPQOLQSOGLMKLLTYVJ@LWVQVUHGQVWUQQRRQUXXPFS^_WVQKSXUPPKNQLJQTTQPOIOWYUQRRRW[\]]XTSTZ`bejnmc_aYWafkxypqstmb_YQYcaXRVTSRUQPQOTYUTCKS[XY\]ZVZ``ZSNUWROMQSR\bYUWYWY\[]`[Y\YTOYVTSPOVVMRZUS[\[[^ZTSQPVQPT^dbZWUTWUV\ZPLW\[Y^\QUUSJOUQQRV]RNNPQOORWWMGQTPPY^\XX^[^_YSPVUMPY]\Z^`cedYRJLNNLQ\cb\\\^[ZWX]YVWWS^aZOOTXYYUOMU\]^_YPPPLMPMLRYZ[Z\YY\[WSX[ZYU^eddcafc__cdaa[[cfcZOTV]^\\^_bggea`W]ijje]U[YQJVW[a_ZVX`\OOVYL8=PV_X[ZV[\ZVTW\\\TPZ`XSVQ\decROTVROSW[ZSUTTTZ_ZZUSVWYXZ\ZSYZ_hb]^^\Z^`^ej`TSVUOIO\]USVUMNZ]Z\_[VYZRSVMIKWkz‰Š‚wkfnqpidcVKFKNRQMKBOSUTYYY[_ed^WTSPPXYUVTRSWTINQROFPXXUWWMKKHKPQQT\_ZUMNU_YRPU^[VSRORWXZ[UPS[\UUTYZYbnpfWJ\_^Y]b`]baZZWOKKEO\aaXNOU\[\]WYYYWSTW[[YUT]c`RKIBIPNMKOKQYXVWXVSNLNOSUSONPRUX^YRUUHGRTMJGHIOUSOQSROSKR[\^URVXUXcc[_gb]^\]YNFRYRPNUXYUYa[a\VRZXWUTPSRITZ[XRQOPP[[XOAFWZYZRQVXUSSUSOOHMWYRMUSPYXNEISPQV\`\WNSPTYVSNQOX[SKMRTXVSWVPMOPNU\aaULPX]ZZ\\YXZWNNSUUZWQRSVetxrd][OMCKQRTTLMRQRQQRZ[WGFFFTX]a\SQSUY]UM[^]Z\XQONRY[YVLDEQTVRVTOSVPTXRQ^\SMNLX\[USRLNNIW`\]d_\__WTOLKHSZ\SVYU^hjf`TLOMQSTYYXTRRNLNSVLRUZZZgibVLNTZYVYVKVYQN]p{vgV^[VUSMUNBSfrjdrxyrja\YVX`^YPNNTWNU__UHPVXPOQVTPR\bdd\RMHMTQLPQOSV[^[WXNLGEPUXSPMHRZUNKLLHEGMNRVX_ehcc]WS[b^YWVVZ[]ZUV[_]SDIROR\\Z^\YWRZ_VPOSSU]^XMRZZXWWSILPKPYXMJLQTQTWRW\_[TSSSY]\VUXX\`bcZPOL[br{wi]OILSQZlstghkcYVONOXX\[TJIQQVQOU]a[NPY]caYY]]\VOMPMLN[`bUQUYXSKQUPJJNJNSSUVTSX]XSONQ\WEKSOPQKQSUYTSXY[ee^TU[]YOQTUSUZ]\SIJS[^XNOHNNUVQVWUROHU]`a\ZWVXYWQMLPPMNSU\]YZZ^YNJHPTPU^\YRZWXWW\\[\bc_[XWTU\XMIQXTWTTMFJRWYZZVVYQLTWY\\^^`_\VWW__[SMWbfdWKVa_][TST\]bd]\U[WZaa\`_\PX_a^`egfd\_ZZ``WXW[dihd`PLRUZ[ZZZTWMKQU]\V\a_ZXX[__^_`]^RNJUWY[X\`]^`[[VXVX]`]WTTW[[fg_^MFOW^`YSX^]ROWYQNSPKQVYYWRJIPUPKR_^[_fdYSX\_^XV[WUMSYXSSTRRTWS_kw||tdXXZhg[QUWTHKTWQILONV[URYQIOUWRPTOPVZ_^^WHIOSTWYVSNAS[SMTSRPIJHOTHMM@DGIQTNJINV[UUQQYXTMMMWY\]\XTUVVV^cb^WTZ\QSLQXOJX__`b[XRYIEAFJKQTONQSQSPUXULLOROOPMUZZSRUUJCJNVZUVQJKIPSRNQWTPPRR[ZUPNQWRTVUUW[URTODJKRVTNOVXVV[[VRSLMW\_]YR_b[VZYPQ[ZQKNW_eic_ZQNLKPWONTRNNMKORWYUQGGOW]__^cXKPTVVRXaf`WXVMJFKY^_XTMIKMNQ[YNSSOMLFJSRONMKMXVUQQMHEOW\X\aa]\TMNBJMONT[ZSWSTZ_`^XMHJLQ[YYVSPMLJLXTPRUX[]defaZMW^\SQQVQRWZW]fhbZWSIRSLPUQ_s~us~wnf^WVZWXZYUVWVQTKTUMJPTWURLHHFGNR_c^RJFPWRMLORUUVWYTPJJDMSZ]\YPRWVNFQOLPMJKPXTZbeb_\]TU[b_[]\][_]SJIGTSO@9ENXZTT]^\UTZZURSX]``dXKLUUXWZVLJONPWUJFHQWSSSOQTX]XVYWRPVSQUZ`cb\XPFCUdnvzwfWPTV\Z\c^]hki^VRRIPYZ\WRTXZ][VPSXXQSXYY\VYYTUSVWVPFMWcjh_TSXQMROHHKNSWXVUZZXSYWPPMSYUKLQRVSLOLIMQSSUXYZUJPWWSRX[TOTX__dbXRVSNDIODFKKRZ]SLNLKRYXX[WWXXWQRV[UJLRRQTNNYZPKKOTUWSOSX]add[`_UWa]YEGMKKV[Z]ZUW]]VI?IW^bd^LELSQPX]\V\`dhaVOX^ab^XZbd_UQNX]_``[WSPYekebZX[cc__[[RT\_dekhcileZW^]XTUY^gijda_b_WRNTZXYZSRTXYTX[]\^\^b_]`a\ZXUTVTWY]acagedSRRWSUYWSORYXN[b`^ULHOY\\_]_ZSW\ZROOOGJVTRTZXX[]UPUXWW]ed_^`cfff`]^VPPSWYWWYZVVKT]l~|faXWVZPJNYYMMZ[SPVOO\c[VSOB=IQXZXUOS[^_XSMIHFRZWTSOFOSLLLOQWZ\XUXZRGEORRVTQJHMPNS\^[XXKKSXZZ\]]WSTVSSXYZYX[\XUTNQUXVUSKW]ZXUWXWWQOPJIHDKJDFMRUQRXTJMPNRX]VORSQORTYYYZYVPOH@QYTV[ZPLIJXZSGGOVUOQQQRQRV[XPNLZ_YTORVWUVVVOIHHMV_`\TZaWW\]MFUURLSWYVRYYPMSTOUYWNMVUUKCJOXYWVWLQ^b^YZ[XCDMKMHR[]XSTRLMMPV]ZSKITWXU^a^WVVTMHFRWRIRUPOKGGLSVWTX]WT[_ebYQURJOUPQVZWVXYRUUPT[YTSTV[[YWUKFOONWVKORX_b`dhrn[ORTWYTVTU_b^X^hjbaTV^[UXVUYn{wuuusdac`VY][QV[XQUSPPNHLQRIGRWUPMPG>DOZ]YSSQPUSPQOYYWQbgcNKKGNSVYYT[\VIABOXVRSTVWXTS\[XRV\[^`[X_fhbZWYRQMHEJKKLQUWUTVYURUSUVSQVUTRU[RKKNRSNUVSMMLOWYUSMQ]\TOIMV\]VPZ\QLU]]VVU\_XUUVY[^ew€€z`PV[]\WXQU_hifWMNHLIFIX\\\__]XORUUYWUTPPQYZRY^\SLKMMQYac`]\]VXWWRLQWXXVXUUVSNSTJVXPMOQPQZYSLOJENW[ZZWWVRTQRUUUWVNTV[[\cg]\UKFEMK;AHKRYRJISOIKLTSI[YUXVTTT`bWOMWXVRLMVYXTSVW[]Y[^^_aaddcc\`caXMQTTQX\\_[YZ^ZPKSYX]^\WF9OVQOSVZX[]]\VVTST[gf_Y[]URBDLZaa`]]ZVS_f_Z]]^bfa[`dbTL]dcchmuxo]X`cc\SQQ]egihkfd^SMSQORWWXY[[VXY]c^Y[]\TSWOPYXWQY_cab^^__^W[YVXUUWYRLWZPQZZPN]\Y]VUYZOIINUVU[ZPJKQONSOOPW[ZWUTWPQY[[[^bdc_WUVRRQNRYZWXVMMLSVjŒ…eZRQTOEQZ]SDNSKVYMKWa^TOAE?HT[]\TPX_b`[WSRQPSVOMLJJPMRUTNJMX_\V]^WOJKOOWTTNHJOLUab\XSPSXZTV[__XUWTYZYPKJSWWQQT[XY]WQPQY]_^WSP[VNJJQMMTSOBIRRVWTMJQTIIW[_[SKLHMRRW\Z\Y[YPGMSPPYZPROHPTVTNUXUVVOINUZZVUSKOUXZUKMMMW[YXQGNRNU\`]^\\^\SQK>OSHLTTQOTZWPNRRRVZ[M>KUYSRWTTVWZWTV^ZY]SRQSVRQQSROQMJQSTTSVXSPMNS[\SMZa`\VX[[UHR\O?LQNRPNLPUVUWWWRGLR\bdc[NNX[UTOKPOWTILNHLVYPRX[ZUQSTMIWVORPGIOUcikkrutf[^TT[WY[Z]]bfinoc[ZVXWPV\WS`ls}|p_OLX^`ca]QQTW`aXXYYVPRWTPRSQQXVMEKNUWUUXSRY]YVUZ_Zbx}rcSSMSVUVXWZYXRQTYWUMMQPNKOUWVYYXY]^_WSbgf^VQSUUSOIIPQSRSOJQWUMLLPUUNKMNMQRVULNOSTQRPXYK=GLRVX[TQNIBHSXYWNPYYQJO[a]VWYWQPVX__^Zl}‡ƒx[dc`[SOPKYitn^LDKPLJOV^agfa[XYXSRSVVUPNRXVS[d_ROUSMGOXcd][[\]\YVRKUZQIKRXaWSQVVXVRINYZ]c\SWTJBHPRMQTNMPSQSVWQQSPU\_]Y[^[`\YXQMJ>JH7LSV\[VORSLS\Y]\ROMLMWafcZXWXOHIHPRUTLOSY`acb_a_\[^aca`]\[UW[XPUXX[\Z\^WSU[VQPUSUMEJQTW\`_[[[\^^^ZUV[``XQVYXSOSQTX]a^a`YU^c\QV[_ejh_^c\YVZZXcms}{oa[a^a_TKKY]\gle\XYQOXXZXWSS[][]]WWZYRYbcXKRSQVYY\_fa^]Z\^]\[`XV\WRX\XKHPRU\\SN\]XTRVZULMQRMMSXTHLWXSROONUUWY[XYZXSSUTTX`_VRNMTZYWKOVYYYWXWUW[^}“„qXXWTLIQW]YO?EMWa`YTVYTQPJINSQPQSMU[]XVXWSQNRPSUTURJKWY_\VIMZ[Y[]Z[VPURWUTNOPLJRVVUVVWYWUWORWTQKNSZ]WSQONNJFQ\^YKTTONKQQS[_VV[X[WSQTOTYWTRPSOTVVOSTRMOXY_]SSSRRXVSTSOVWULNVQLSWVNRTPLSRTQTXVYXYTTVZXQNPRV[VQJHNRW[]\ZWSU[SUVY`_^ac`XSL>LUSRQTPS]`ZPMMMTZ_[PFNUSOVVUUWUTUU\^VW^XIOY][RUXYVQJ>HRVTRUWRJRPQTUVQSPSOKQVRPKURHDQRMLQPQRWXYUPNIDDNUemmf_PRPKLKPXba\SSOQRU[[XMQUHFQULPVOQKHRWY_imprrsoh`a\OSUcc]WRX`dhfc^\XSVOKWXOP[josshc_[PTV\VMKNO[ccc[SYX\]VSXYW[YMLQRQVUV[TTYXRLV_^Y]p|ud`XTTTOJINONRWX\_]YSINKPLKQR[a\UYXXYWV[bcXTXWY[XSOORURKMOR]d]TJIMTWOMNQRLILONDFGRSKGIQPQVYPSVZ^XTMGMUTXWRSRPR[XMNOVTRHBJOOSTROOv…‹‰ƒ}vkd^VV[ar}w^FBLJIPSPR]cgd\SRUT^[UWXVUUWXTY]WPRXSKFLOUWVWVY\YYXSOOPNPLQ[b^SQU\a^TOLRX\^__\RQOPPPGJLKMV[WSSVVYYXRTU[WTVXUTZXKEDDPRAH]db^[X\ZPNXUSYWOOSSS]c\TO[VQIHEEKQRSVWX[`^[W_a]RV]^ZWZ]XMPVPHQWYaca[[TOTXWSOQOOROQRX[XWVQVZ[_b_^__bdaZ[bfeUSSKSVPW]]YQNVc\Z`WM]dfaZVWZ]\[`ddnvys^[ZUYddYQUX\cli]TQPWZVYZ\XTZ]ZY]VOPOLU]__bd`VY]\_^[YV[^YVSW[]]YVSVZac_OJS[\Z\WVTVSZ]^XKCLTVRVXVSNS[\ZXUY_ccWUX]add^^YOOXa]TVZ\VWVRORPX\ZTV^\]airŽš–ƒm[ZXOHISb_PJIEMP\[YWQOOOIJRTOKVXTKNOQVXXPMJRQQWUVSMHPVW[YQMQQOUORWSV]WTPG@HSOSRNLDJTYWWQSRFGUTE=Q\_Y[VRKIBJ\hiXNUXOLRNHI__UPPO^ZXWY[^YSVUSUUY[XROIENUSSWRRTRTXXLNVYQTYXQLTVSOQXWTY[UQ\`\SIGIKOQRRLKX```VRQ\^\QCCJRZ^a`^ZWW[ZRHHKR[ZVSWWXWUSG?LMNJHV^_[XVVaaacdZNOJPSRVUOROTXZXSLHOTMLTX[XZ^\\WSNQORT[]\[YPMNIIPUTSTTNQXRORSY\`c^Z^_bu{{snnpdXZbhcVPOUVY^^YX\\ZZbgd_UKKKCEGRUQOWRT^d`VOCP^d\XTTTWY^\UQVTNFHJSUQRYWNMZYRRXVYXLFLOXRSY``XWSSSLPNQROQZ[YTSUPAHNQQQMVV]dbXRSYWNBMRLOUVQLVUNNMVSQLMOQLLSWY]ZLOTWYZZOLW]\`dZTWUW[ahdYSY][bZTULP[c^VNHUY]XZXSUT]]WWVTXUHPZ_\[]WRUcje`ijb\_QO`caefbbbdheZRY^b^VSZ[X[[WWZ[WRRWLbp}‚yhYXW^ZXVY_`gq{wj^SQY`abdaXWVSWUUX_fe]V[^ZYZ]^ZTMP[\`abfifeie^[NY[TJFHNW^\XVTVZ[^__[WZZXTW]]WUTMOTTUTZab[SSYSPQPPUX][WRWZYUQZ^YSVZVX_jj^Y^bcZWWg„ŒŒ€gOGNXXQSQTWTSLGJQSMPLNWVSVYWT\`b_VSXXTT[`\\^\SRPKCISTRVSTUNRXYTNFOWPNSWYXPQUPNMX\ZY\XSJMGBPTSW_ZYXLLP^XLHEDOZWT]]YRX\^_\[XXQHJTYUOKOVdfca_VMEDLOP][ZYeid]UPKLSOMRTSXYTUQH@EFBHPSVUTWNFKLH?FB?NPJMMSZZQRXXSQNIJR\^]ZYYVHKXfmk`RNT\\ZYWQLGPTQTUTNKPORXVLCGW]YSJMQVX^]VLLOTPQQQMQUWXZWSTSNPSVRUU\_fh_VY\[SPQRPMRTPRXZXTMCGJPTSMPTTUXTRWVRSOQOSUYZWahg_ZZYZ\WTTYWQSOSVVUNRZ\\[]_bgeX\]WY[[]Z\ZXX\^imnook[TXTQKEDNWW[\YW\`cb`XTS_`_cee_WV[YWbXO\ZQJRP@CLOSOOONPTX\XVWWZTPTUTY^ZRABMQRRTTKMZkniaXXZ\[ZTTUZ]\VRQVT[aaZSVMMUWROTTX\XROKONFHLT]^^_]WbgacgbWQSRQNRNKRVWSJMTRTWWUV^_]^^`ZUQTTTUWXSRY][ZKKNKNPRKORTYZQLE?KT]]UU``dhkjjltvm^XZ\\ZVNTY\``ZRTSRX`bba`YQQKFMTQMHLNOZadaZOYcgb^XTYYRSVRUTKORNSWTSW[YNETYSTUPUXXOIQPUVP[\Z[\]ZWXXWYUW[Z^^YUD=MVVJKD9KWYZPLSTTNQQEAHWZWVWX\YSLUVNMRRWYSUY^[QRPRY]_UKIJMZca[WXZ[XYWTSZ`feaVLDM[^_YSJX^ZUXWTYUZ[[_^QPSSVZZTSWXWMPYXWbni`e_^b`^ZY^fidgd[X]\`]\VVXYXWXXXUYWS[Z]hq{yp\U`ce]UIPYfrup]XUXY^bbea]V\ZW[YUU]abWX]ZSRT[`[XWTTZ\Zdfbdd[UUVV__VLEJPW^\aec]b`Z[URQNQRNS][WXZWXY]_WS\]WRSK;ACJX_\_go„zo`X[[SV[MAQTOUWWOJKPSOYepo_JLMQW^jpoe[XSTTQPTMLVYWZXVSRUYXZ_ZPOMSSPOOOQTVQKT^]VXZVUUSHMIGSUFIKMMMXabZVWYZYWZ]XSZYSSTPLKNXWPILONSWQF;?JQSQLT^a^\\WQTTMUYUS[UFFS_ee^SQTWVUPPY\WVX]abb[QRKKKS`a]VPPVV[[ULLP[_]UXTTSPRSTXZ]_XTUVZ_^]YILVVZ[TT[`]YXXT[\\]`b_che\UNQTXTTVUTWW]Y\a`bkwy{qcc_XMOVT]djje[Y]_bbYQTOMRW_ebXPO[]\MR^\WRLNQWa_NDNQUVVXY]__`heknib^\[^`\UONRXXUPNRNMNLVZ_b`_YTUSNRZYXPTTXX[\^WOPUYVRSSOKQXXXVWVRY^^baYY^a^UctymZ[[^WT]_VTTURIFMPNKPSVXTJTYSPSTRPLV\XVTW\\ROB>CLPWWQSTONTSJIQRINLO\b[ZVYXWOMHRYZXUXQJPLEPOLSUQS^_YTT[\Z^\VRSUVQOMKMRWTJSRNJLOXUKSYUGSZRNPQMLOV[YQNPSRRPZ\[YW[ZXMHDKNVQJKQUPJQTXTLHQVONUZ\Z]ZNKQVQSQOIIOORWWQKPRRRNNMQV^]XZbdfcXRWURQRVXUPFGRJJRRQVVYXUTXUHEJJKSLJQQQLRTRSSQWTQHIKPX[UTWTVRKGMQVWOKKMSVWQIJNWRFERUMJGPS^[RMWb_QKUUVXTSWSIHPNJNQPTZ\XKXd`PS]b[WYXLRVWTIIOWXXW]\PV]`b^SGU`d_]]eu|{rj]]b]RLOT[WTU\aa_ZYXY_`XX\`_c]Y`h^YHTbd^[WTOCS[VRV\ZXYNR^]b^dd\UNR[][\^id`cfhlj[Y^]]^`[X\ehb^_ac_abc_\WUOV]_[\YTRTYYSKT^`^\UNQWWPQRJ?AMUYXRPQNRRKFJKELW[ZVQNJEIPRNNQMOTPQRKKUXRMLKOKNIRL?LRTUOKRY]]KCP[_XXXWQDDFALTY][VWj{†ˆˆ€mVYY[XVXRMR[XUURSRSSYgnkZJMPRXckje\[YURQMONIDLSPMTXWUY[\YXPOLMQONNJEI[]UKU[\UV\`XWYUVPDTVLOKMPUZacWOXYTW^caWV_\VQNMB=ALXTNIORJKPTPJOKMQSW]^\][DEWSGJKPWYULFSWa^[XX]_bYMJVaa__bba_ZWW[XU\ad[SOSPMSUPIS[_aa^VSPNOT\\VOORJJQWW[`a\SNV^cb^XZadd\X_gfaYZ\X]ea_a]YZ\^a^TX^gjd]```cekx|m][UQPYZ[`ghkkga`_^[UZ^SKTYW\[ROW]cdbZSY``\[\^b\OFLY][[_]W[XW]fjjgfc`][]XUNJRTNVWUPFGFNZa_^[\ZUNUWVYZWOIMKNZ^_UNLTZSSSUJGOX\[WVPLTZ[bhfbaaZYmŠ„obabc^Z]__YVPOMNSNGNNNRUQLRWWVWVTQQSUPGFGMTWVTLFKRUVQPNHRWUFCLPRNNJU]WVZ]\ZVPRRND=DNOORXYXWXZXUWaa]\\\ZZZUTSQKH;CJKKNWRMMTVOBP]ZU[YRNHKXWRKFNUX\```TVZZVPQLNSSUXQNLGKMNPQTSMMQPRQRTSVTMIWda`]SGLRSPSTOLPMSUVRLMNRRNLLMMHJKNY]\ZRRVUTRUTX\ZJFORPRPLVXZYVVURL@DIJFMRZ][][WEACCLOMKPW_fdXSUUUWUTVRORVSJHOVWQMGNU[WRRSONKRUX\UOORQOVWVTROPNNIJHOONOR\_YTLX`[ST\\Z[]YMV[TOPOPLX[[[\\`cfgiaY\dkjiffpy}w`PUUQSNRUZ\RNW]Z\a\ZZb_ceg`Z\b_ed`WOHY^`_XMIV_`]UUWZTUWZXV]mjhgd\WRRVRQVY]URYchd[QXXTW[]ZZ_ed]Y]a_`acefb_]__\]cc]WWZ\SMTXZWPDKS[^UUZPINY^YURLMT]YMIFLMS\bTQRQNECJNLQVWRNORWTHORSSWURPPSOIIPTSMELKS]\UMT[WTWWVTOSUPVXWV\YVTm€—zc[c_Z[`ZQV[WUQOXRLOTU^_XNRVZYahgb\WXVVUTQKD=GFBLUVYWXZYZPIROLSSNRSLP[`UENZXQT_\VPV[^YRTSPSORQTLOYTS^YOMX`[XZ^_]\[XXVSMQSTPUQORWXRORMORVQWWPLSKGLPLENTRVUNQX__XVY`[QOOMT^addb]][Y\`d]Xcf_RLPSVSSMHT_[YWYa\NIMPSYYMNQUOFRURORYTKP[]\]Y\cd^ba]Zbgb\Y\WPSZ[cfe__decXRY^d\ZZZ_adkvvld^URSUU\cffkpkd]^YSU^`XQSUOSXUZTVT]\XT`ca[][YWRQLPT[\]a^X]XVY`acbgf`ZRWYXZ[YQR]`YSGHOZ]\\_b^[XVY[[YVWSSTNKSU[YWVV\ZY\XPOVYXYZ]ZZZ\]\^cejf]^hz{hZ][][UitwlbQNRUTONRUNEJLHNWVWXUQQMLILPTRHRW\\VSQMHEOTTQUVQNALOLHGJPXTTSSVWXXUPF?GNRQORX^]ZWUTUU[_[YPU[^\TVWTLD:DJLKPOQRVY[SPT``YUTQUVQPSUPOQRQX^fgbZUXZUOIINOUWUTYYOLMRQQQJGILMTWPFPZ[TS`_\\WSUUUQSSRPIFEFGGKLPNNIHIMUXTXYVSSVTMLGKQRMDSZVPSPPKHFXZYTYYTPQQQSNOPSWYZY][PLHISVRNMKZd`WNPWZWUPONIIRWNGQTYXUOJIKSUSPOPTXXVUQOFFNUSUXXSNNLNLLNPLLEQY[UOPSYVVYVOLNPW^__YNPW\\Y[[]]aa]W^cadfb^]inopquoeVQJNRSKRX^[WQRLW`_XVX]flj_[cfhc\VRF>LZ[UYWXXZ[_\WXSRINW[ZX\]`^^]ac]RMOX\]]SUY^^ZWYXRWZVWTXbge]_a_`baehg_]_]_cefcc][WPMQQQJAGQX]`^\[YXTVYSORKIQVNDDFMR]hf[PXZTLNJ@DR\[RC?OVTJJHKSXWRNQURRUVRPVVXPRV[WTXSOJQPX][YXZVRSX\\USSp…‹|f\^`[VUWPLMSTQSXUSRVURPTTTSU]dfc\PNYVUXWSNDEIJIUYTMR[ZTSONUXTPNNQTTPZ^YKIRSOTUXVVVRQTWQQSQTSSQKKTW[YXUHJPRTZ\aggeaWWWRVWUSFPW\\a^]ZSP\ZZVPGNVTTNNJNVNT[\Y`ab`SPTVWPQQPU^`]Z[WNOX\ac\Tae[NIHPX[WPQ^d]QS[`bWRTT[[^_\__`^__YVQOUTQPVVZ]\ZWOU^^]X^`ce`XQR[`^biigggbYROSXYY[\addjsxpc[TX\UX^ca`ine\XRUZ[^`YSXTSQY_]YXZ``[[eiaY\[^^Y[\SLY\\]ZZ`_bgbZ]WV_a^YRQZ`ca_[YVX_^TTZ^ZZbehh]]`\[YVZ]]\\\^X[]\YVU[\YYWZ`d_XUVRT[\^ZQYfhhilhkqlig\W[\Zk{gVUWPGLLNVQHFNLMQVZYWVVUMGEMWSQORXWOJMLMKLLKJTYOKHHPQRSWUPQSJKKRWZTD?@FQRMKMTWXSLORMQWWTNNNSVUUX_VQPSMNLNOQQSUWYZ\Z[WYVQTXWX]bRVUUPGIS[edZJNWWUSJNQZ\YWXSNGBNPRNHKNNQVPJIRaaWW[VSZVRMRQTPKNMJEHLKGOUWQC>EMQSQW_VJGJIJUWUYRLNTTTWl{{xgY[_ZQRSOKKORXWLADT\__[WS[`ZT`ea\WRQPX\[UQJOQUXXTVYXZTTXSOQV\]\XSVWYUQPNLMQWRKF:JUWTUTNIOQVW\ZT\^\WVWROW\\\\[YacdYOPPUWZ^_^\WVVR[`ZYZVWX[ZVW[^`\ZYVQV[RUQU[][YXYYWXXVVWZYXY]\VPPXbda\T]\ZXVUUPSZ[WSXRPQKUXTQUZXUSPMHNRPNMX\WRZ[\QT]e``_a^Yahe_X[OHBIMIOWRUYTY`][^bga[STX\Y_epuwm\XJMNKJVW[[Y`enqg[V^_VMOPZ^^aca\Z\`^VY[[VUYX[SUXWYbcWUUSRUW_``^]]c_UPRVUTPT[^\X[cecbffbVU[d``][ZXVQPSSV[b`WKINOJIEEUbee^TRRY[XQVV]_ZQLSWdpwxtqpqmfda\YV]ecWTSKIJKPPTW[ZXSTPPXVOX\YNNBCKPSTOPTKT\ZSSQQTTOOWXYN@IMIFINQUYWNRUUWYXTRRWXV[]\TQRSROV_\ZYWWYPSWZUSTURMRRNDJSZYMLSV\^ULORIOYZZ[`Y_\][TOPNTWQSTMNSVTYYXQVWY[`]UQTWWTRYRGLLMOJKKY[RSZWSWWSWWIANTNLLLOV^`\WRMMNVWOGKTROUW_c`YUNMGLRVQNSUURKKQRUTWWW`a]]_^YTW`ZJGQRHBHV][UT]eaWOOVTROIJHJJNNSVUQPOPSNILTTWZYXTQSVX[]ZWLJSSLPWQQRQNRT[YORRRLOPMJLRRQSVZXY[[]b_Zbc`\[ZWURQ]cb\\\ZX\ejlhu‚‡~g\XWUUQW\VEJ[`bcc_]YUSUYbiw|uf`dbVSKS[XU_a`ebSSXOGNTOPSUQQVW[Z]UPPYXVRSYTRUXVHGQ[WVSZ`fffeadc_XV_itxod_d_[WVXUUX\OIVY^]WOR^a]UWXVUSMIJQONNRTPQVWZYUQRVZ\TPUTOKQTUYXVUNOX^\XTNNMOOQSV[a_]VOGBHNRSPMKDFR^gcWOW[YWQIMQSWYUNJNSLPeqnhfc]_[QSXTD?NSWRMEHS\^eb[]flbRY^YOLKPV\]ZWVMMWbd_TMV[TIKVYWY][Z\[NQTXXY\\[XZXVTK@NVRNOTVUZZX^`aURWYROTSVXVY_]ZYUY]^WOZ]WROTXYRQUS]`VPRT\[WOHFP]`YVV\ZTNRW\bb[ORSYVUTUQQ[`b`]^\UMMU]^XSQS[ZVTTRWYYVQOTTVROTVVVY[^\TSTTNPY`]UXOMMTXYW^dgaZTJPXec`a]WQS[[XU[a[^ZZ_^Z^cec\VZWQV\_mvvph[XTWVNKTXUKTdpro\T\^_dcYVZWZ_[TV^c`[YWUOKPY\]]^]^de^UUUUQX^_\`chb_XYZYWXUO[b\NFLPZcjmg_\_ZTR[YQPOKQWKMXXTSXVOMIOTRPWWVMPZ[]`\XSOT^[SQPPWktupilnkke\^c`^dgb\SKMJEDLSVYRPOMHFPTWWZZWOLIJLTVXQOQRZ\XIBKRRQJGPWWQSSNNMMH@NTUVXZ[SLINPRWTZ\\ZROQSNW`\XZZ\[[YWWUMMRTROJCEJSYSNHJXcbZLPWURPPOROMU\_`XTUSUY_]VFAMJLRPMRW\][]\XTV\]]^\UGFEJTSQMPTPORNVZTNTVTSWWULLNSVWXRUXUPMWYUOSZYXTT^`YWRNNKLSMJSVYQIBHKNSOPNPY_abeaZPVXSIEUWNDGQ[\XZ^c[LSYUUVTSOLNOOJOXTMRQPRNJJKIT\\XRJNVV[^`ZMHOQLOJDIKLLJLOPMNPQRSURNGBMJVcd_UUX\ca\[^YQNKPOPN]ebb][WY\aioos{wi_XW]]\VW[ZRHRXY^]fe_QMU]fjkqpf[UV[[QT`]YTX_e`TRXTNOWYTVRTPELU\]SKU[WXTOHKSVW_XPQUZRTOMOX_^VRagWLValruo__`\[^\UST^_WRW]]Z\ZRUUSNJU[[VTPUUVWRMIP\`[SQSXWVZa^XZYTOUSTWZZTNTafdZONIEHQONQS]a\WOMMILIORRPQVUYbe\V[ZZUWQNRPX[VQNUWSYdifgebY\]WUXYTLLRWVONQTTTMUZ`oumd\^UNOSPJMSSVVVUV_b[LOQMNDIWYSXZ]\aaZTVWYSNUTUWTQQPITTNKTZUUX\[]a_\YXZVRLPY[[_]XMUV^dc^Y[cb[TQKUXXRQV[PISY^^WTNJMXZWQ\a`^X_[a`\VUZ\_YWURQ[a_\\`]USQW[ZWVSOPUPSY\][UOGMQQUYUSSTYV`b_WW]\TVaf`USRYZUN\ZZ^ebXTMKQOOT_`ZX[_ZUW]gaYTKQPVZ[\YV]c]PS[`lmpqi]^^[YTORQKO[enqjbTKLUaaXTSV[][V]efbVRPOMNTX_dfe_[YWYTY]\WZaaXW^__\Y\^\XUUT[``TIILZ`did\]ad`\[YUQMNQWOLUVUX\^`^UZZRQW]YYUTXYVWZUOQZ_[UNIQaqqohilimi][^_[`ea[VQLIGFLVZWSMJCBJOTSNLPKLMSTSQSRLMPMPQVNGNVWQSROSSNNPWYXPL?EPUWSTRIEHHIKOQRX[[VQTVWYXTVY]`\ZZXXNKS\_YKCDFMJJI@JNU[XHDDDIG?DKPUU]]a`WXZYY^\VIOQLKIRPTX]_``be]]YXXUVTQSPLOUZXQPVUTOGMWUROVVX\XIKMPV]XS[]_WPKMQJINU\\TPRTQWVSRRSNFFX]^[K@GGISRTTYYY^_XSROQOQVSQSRSVYZURW\[WT\\Y[_c`[WUXSMX^XRTTSWXWTMNT[[XUNLVYX[[SJJGBBMNJJJSTQQNJIHALQQNHONLOQS[aZQOVWZUIFSURLFSYQOW\\b`Y[abafmpz…qbYWUX^_UY][QRVUYbhi]LKJRV_kic`]UPUWKP]`\QLWdbMNVUMOUWSVUPPCB[WSKQOVcd[ULLRS]dcZTVXYUVVWNSTQg~€tSL\ekkb[]VRTYVRTZgke^SIOO[ZTTTONUYWXVVNLWY^XSFGX[PKOSSTX`^]`_^VTU[W^a[\]biomZRVWTWRPQPTPXWRTX\XXYVVVY\WMHZ^]\ZWOPZUNWXQSVW[```fkg_ce`R[WQYYSXQNS]^Z[\UGHMPUXgsm\YXRQY[QIDKKUX[`YUXQNUVTVZ[^_[W[[Z_^XOKUXSMTTUTMQWUTVVQUX[[Z[]YVTS]aYUUVQQJMV^`ULUXXac^[[\]_[SKQXPKINPNQWXZ^^]YUTQTY\bifWNTfmSURW`aaa]ZYWUSSVSX_aWX][\]^]YURVPRTTYZVVV\[RRRTURUWQV_XTZ]]WS\b_UTRQ\WT[^NS][TW[VUVSV`cc^Z\[WW\^_YWVUMONJGOPWX\^Z[`fgruq_W\XRUXSIIPZcgkkdVDEMSVZ\UNWX]]aa\SQSUMJW_acd`]WTPUTWZ][Z[[ZUNSYY]UQRSLPVX[XSJFHLYbffd^dmmfb_WQPRRRNPTZZVUX`_\[TQU[[[[YUY\[WPNIVZZZSPR[`luvshovwk^UPT]cd\X[UONJLOQTUWTRMLMIJMKHNTWWSTPLKLOSXWOHLRT[^WQUWSRQSKFLTRNDCITXTPOPPQRNMRPWYYZ]WQTY\[[SSV[\YRRIMHMP\`[LCINPMKJKONIOOJOTNEMNFBNUSQW\X`\Y\^`]SJS^XLCFIOX\X_`b_^\]WVRNKHKQUUWXOJKQRUNGEOQUTMROJMND;IVZZPCL]_SHHNSTWUWZXPRSSRSY[YYVURQSRU\[TKBFPUQTZXX\\WIJRNQURKRPOTTYWTOWWVLFVZSVZ`cc^]YTIS^\VQOSVWVPKRWRNTWTSRSSVWZWQKGNWXWSNSVVRNLCKPKNSQPQTSYYYWQQNQXYSIIFP\][^]\ODFOUZ[Z^gjhbgjz…‡zmf`WWZZ[\]][VXXaagcWMVSOS]ecX\^YWXYQRae`[US\_]VWNSRVSLOVUSRW[VPMMS\bdRORYUeqso^SPPPNSSOPQUh|~tc^^abbUV^\WT[[[W\aknkaM8JPRTUXTRPUUW[\YRT[`^VRTYVPSWSOX]a_Xafijkjd[\\ZZ\_jmibYX^ec^Z___bb^X\bc`_ZPKSY[WLS\]^WRZ]_`XSYXNRWVXUV]owqb[_VTWOIY]XXQRW\[`bYPHPY^]SWd^W\\XVXUJPY[\XXZWNQTVWRKOPU\ba^USVX\[XONV\UQ[ZX[TRYZTWVTWRQUWVSNDLY_\SOVY\[URYXYWLOPSYYXSUSZ_`\bbYPXXPFKPTVWSYYRXWRWXY^abZPP]hi_Xaijd_NJRPIKQVYY\ZX\`^][^^\``]ZUSPT]^bfg_Y\]]YWWVSV^_[__YXVW___^WU[_]dc\^_YRTRRY_[[\aZ_`\TOMQTUUZ\XNOSOSVVVQZaYV_bkv|ujba^VR\XNQRL\fidbYUWST[[[ZTQWZZXXZUWcbXMV`^a]ZVY_[WSUY\[]]Z^_Y[\\]]LXSPKJOKRWRQRPQWX[`]W]dcWWURWVRQSWVUOQSU]cbadcaXSUTSTSXZY[VPNYTKFJJTZgoy}zswsg]SQOLLOMQNOSVJIUSKPRNHJTYQFIOQV\YVOQXTMQUZ]]SLQY]`c^UUYUNMPPPQSYQLGHMTTTSRQRPS[\W\`\TUSOKPWYXQJTXXSVUJEPRZ\__QKKGIHHFGKJKHPOQSSTQTVTZXZSN\_WRRTVWYY]\QGLQRTWWXY^[SNRPNIMRTUPSX[``VJLNPJKFLSVWTMMLGOSL;CR^XKDHJOMEAIVW[ZXWMORPTOPRYXUSUZWSDFKMOKFPTUPGOOOVXRRW`ec_ULPPKMSSURRTQSSOUYSOVWV\b_]ZYUVWVTVX^[TOKOQUOPTQPLMTZ[XWXSTX\\XNJMTY\\^UTUMIOLKGMSXUOPVVWXTQOPRKJWagifb[QJHSXZaemojedjo|„€wk\YX]__\YX[[UWVWVZ_\_]a`\ZYPQROUVWQT^a_[[XVQUUXZUWXRRPHJNTWSMSYPOV`a\Q\`_cqvn_RRNMUVXYXUW_ihddfhhkaTTZ`_``b^Z]WVagbXPNRSHNTVRRQY`ff^WX]a_^XVTPJNVZUX^Z^Z]cmptvqh]]][^issnd^W`kic][`gge``edb\SQS[`^\YY]`WKGJQZ]\XY]YTNTXXQDXq|zp`\b`\RQUZWZWVZSMNRPMQOU[WPNQOYegebd]OU`a```[UNNUUUMHKLNYXSRUTYZ]YWRTWWPKSPMVWTV[WPRW\VLMNNJL[`deWLJQTWVW\]XRQILVWSTPJMUWYZW[b\TWYWNPWXY]TSNP]b\\]T[\VTRSV_inhhhd_]RHOSRRVXVZUWV[b`^\\NJSXYTSPMRWZ`ec_ba\YSOWWTYdijhcXXYT[add\^``dg`[c_NSUJMUVY\^YV]db[URTMJOZbd\]YWZW[YU[a]_a`^jgbbee_QJYYSVSVcnpjec\^Z``SRUUQQUOIR_^^_c^Y^_[Z^ac`b[_bcb``ba]]`a^Z[^_^XTLIJJALWYXXTUSTSPQT[\WRRUYb_QBLWcd`XT[digchhaZ`c_WMUXSTXUYZ[WJHPXWY^jxƒ~rplbXSRXYX]dbUFZVJKVWMGIKKJP[TIIPUXWRWUWVUMLPRRTK=KXZ^\WRVQSTTTPGNY^[USHDASZ\WVVRRXTJMUXOFHHDAGGNQRVWRMKPTY\\VYUXTTVJLY[[SVSPJTZWRRLJQZ^_b_RPW\YOKOQXWXSMLILNPRLKNOPNJGRVJLPTYWLLOUgjcUGAGEFKOT\YPHFCFLKIKMRVOHLSPMLLCGOQSWTOGKTUVTPVVTVTSSVXSIHIKLKW[ZYSPONNGMR[`gg`ZSQTVWSMNNVTMMKBHMRUZYNHRVV^aa^]]\^[XXTSOGHQTRJFGHSY\YORVYZYYVUOLLSWX[XWXZZZVOGEGRXXRW[^\[UKMKPSJMZ\baggdZUQR\acdjkjhabt}†ˆ‚l[Y]_\]WMV\UUTKMZ^c[^ijcbc^YUSZ\SSV]]Z\\YMOOPPSVVYUJJIJNRVURZ_VNU[eaMOQUXWbmqh`WWUV_dc]VTY\Z]dfa_\WTSV\]WZ_`YVOINQX`cYY\VKQTX[`egmhb`adfcdbZRKLMOUVOMS^^[eilsytm^Y][drxul^W`dlfd`WRRZY[]`VSSNRaggg]X]b[SKOPQUUZWYWPRYWY[SXRiuxneadbZ^XSRRVUSVSOQF;EUWRVWSPUU[deeikfVTY`b``_XXTXYRQORSTYRRUUVX\^\RGSWUIU^WQUTVVPPQP[^XNIJOKJT`bc^VKMONQNUYYQNMNPSPMTWYYULQPWa`[UVYTRWUX[[UUT[[TOULMYXRZ[\[goe\QRZ[SNORSWXUXXWZX\``b`WSVSONSXY[_]_XXX\^XRQQWXSLV\ac`XTYZ[VVYWWZ\b`]Zd]RUVRY]__\\VX]_^_[Y[[VUV[^\VPRQMPRV\Z[\VRW^ajttpdTTaaYZ[_inqnpofeefcWXZZWTXUQY_\XZ\ZT[^WS_gibVWX_`\SPX``^dfc^U\edXYRUWSPX[ZZY[^\YUOJMY[SNV]_a^RLO\hmke`eih`VY[X\_^\XSNQUUUXXXSLBGPRWX\cnsusqmjcUORXZ\fnnfYOSJKZ]TLPKMOUWNHKLMPQXeh`[RKPROSUQNARYXTOORQSUXWMAIX\]^WODLUYVUQTMLSQH=KWTNRLGDHVYVTTSRNIU^^]WQPNXY[WUXZ\ZVNWSSOOOMKGRPGMU]`WUTPSVIGJW\]]SLLMOMOSRRUVOLKRRLNUUTSHERapul]QNPNLQRMSWSPKKJMMUXTSUKPTWTMNNJJJMOUPIHMLQRUUSSR\ZXOMU[YUUSTSRUSSTRNKSSMRZ]a`[ZXRUYVSSRTXTOOMMNSQJSXSTSPNMV]WW[aaSAGRUPIISSOEIPUWWWVCHRVVYXVQONONQTSLPQR[a^WQUTSUONQVUSVOUQNVTKJRZ^[]][ZTTHM\UWbhe_\blz‹–“ƒjW[^ZZUKY\ZTTQNT\`cfnsoh`WZZV[YTSSWVNTXNJNQW\ZLHTSJ?RURIJJLVSMVagi^SQKTNKUaqqf^^`abfcZTRPQTRYUGMTZWRMTQKT\]RFNMW\ajkaU][[TST]cgedeeb[^bcdgaWUSHMX[QQW`fea[^hsncUTVW\lsskcWdptokibWSMMP^`URWZ]hkjf^QSZQLW\XXXURWYVMOX]a^TZYPcimxzk][c^TNNNLRRSU\[RNWYVWSV]_XU^gjjf\YPT]ZUV[UOGPMSTWTQPRORYZYRJUWOKOUULKWUXZTQNGPNNW^[SEHSTMCT\[ZVUROMPQTVWOMMQMLPLPTVVKGMHSYZVTEIMRLCJTYTTURQPWVRMLPRTX]bc^]\OTXWUQOSTWSS\cdc`Y^[YWWXWUX[UNSVXVTNSX]dcZSQTYZVUXX^`YZZYXT]`[TQSXRIUZZYXWOUY]a^XPS^`be`]^_\[\VV\YY^WPKMOX[_ZPTTXZq{|uhXU\^YPV]_ghlnsogc_UOTZWTVZXX^b_UZ[TT[\\W\`bXOTYTZZRJQ\Y[dggaSS\]YSdd`Z]bb\YZW]]VNLGHQXULPVVVWRYYR[cgglnje^ZXQU[\[\\ZRTUTQWZUUUORZa^VU[]ZiwtqokfZKT\__flol\EHQSTVVTLGMQRKDGRTTPTfmj`YMPPOSWXSJHRUVWUOTYWRNKJIJOW[[SMNPSVSQRXTOKMIETVXUOLNNZ[VVWQRNPY_[RQUQLMPOQXUQOOIHRWSPOQTUWXRQMLPWUKRVRMIFCOUUYTMJOPLITURRYWQQTQLSVVVVPNT^ije\RRVYWTSFD?HJMQYSKGKOTWPMGKU]_ca`[UOUTNKRUSXWRPMMOPQPJLU[]ZRNHKU[W]c]WUUSPNQOJSZ]XTNOPPUWQUPTUVVWXRLGOZZVOEJHEJTWXOGSTMLNQTLLRTQSULB?LYbc\UNIKMWZTOMMLLPSX]\^c^VMOONIQZ[UTUYZUMGCP[f`VX^[WVU[[XX^\SQdpsla\Z[h|ƒ}p`QS]hkk]SQXaaYLPblvƒlYWVR_c`_cnplhbZQQUV]ba]\XZPKKPQQPPPTY]VMNUb^[aZPDNWXZ^^\VUX\SMMSSX]ZSTXOQY]\ZQLLPUTLFKUYYhnq`VZbhkkja[VSUUNZ`_^]XV]ejkaUNGAFQWVPPV]YW__TSNQaaZ\flnke^V]]S\c_TVTPOSWUYXZXYVV`dhf\\[WUQLOTOLMQUMNWPRRZq†’zg^d_ZXURWUOMEHOPUW_`]\[YSLMXdfb^TUSTYRMDKNNPSPKOXWVX\\]Y[^cc^ZVTX_^TOHNNHQUXZ_[XZ[TJF@LRTRUUVROPWXZVVWSOTWOW]_[XUOMU`_[WZZZVSRPPUV^]\\WRQQOTWYUTUTTbnpeQF@NUSQOS]]^\_[ZZa[W[VUVRIDOU^_^\WVWQSNVW[^ff[PUXZ^\\WZVQ[^`VSNNNWYPSZ^YY[`_`\`c_\\]VS]\Ybhmia[UWUU\\UX\`bbc\Z_[[ZSPUg~€ynhdc[TJISY^YZ`beecaZWXXSW\RLT[a]VSNKOWXWXTX[fjf]Z]_ZOGOVcd`][`ehbYfmmTXTNHJLKMONIFITWUPJPRWWHKUclnjcakph\TROIFKRX]pwsk[WU]aaVU`juxwuncNTWMOgwxropm_PPSQVUaqto`QRQI?EIKOMGDIONQQNPYXPKPNMKHJNPRKGTXWMERXPJTTSVVW[][MJJRMORSHMRTPPSRQU[XW[ZQGKLOTX[TRSMSTPNKMKMEDLKSRVSOQNQNIIHR]]WWRQOPVXWWSRZPJCLEPUXZYTUSOPGOPTSRPSTUTYVSSURPRROZbbTADGAKUVUROJGDOXYRRLMSUSNV]XU\^ULALRWY[TSRQNPXUSS^c[VLGDOY\WV[XRQPOOKSQNRVSQTVVWZVOPQOMNOLS^_YVXTSTIFJIGPU[[QAIOKKMSVXUZXSOJDGLJS]]Y\RGKU[ZTRUPOMOTY^\_b`VBJTYNJQZVUZYYXZ]\Z_^\[Z\_[WUWOLZjibYdmllgd`[dw‚ƒ{j__benpdRPX]_XTSbqxƒŠ„x\USPUYTTaghkghfW\^VK\__VOWSOIJTSU\\ZXOSPIR[YS[ZQNHDHJPXODBRaaaULOPPWNMU\\UZdd]YSPPOVUIHOXdv}ra_cfde`VTVPNRPUY[\]]^^bdb[OSUPJNUUKTVTQZa`XQNN[^R]inrk]VOTYS^_ZVTSMOPU^fd]WWZYX^]ZWZZYYVNU[PDIMSW^^WSV^k†‘“qmcZZTKQUYUPW\UT\`f`UTQTUONY`fcSSVPQWYTVYWOLTWXRNNSZ]WSTXWTRKSWVVYTSSOSKNPTV]ZZ^YNILMRVOP\b_YPIPTUP\[VSYZTSSZWWKHQVUYW[YRWY^`^XU^fb^YGEKNLQUXZ]abZYgcTRJGUYWTSWUMTW]]]_[[]Z_b]VMOY\XUX_`^[RKMY]``aWNUVX[ZOYa^Y[]STXXYZVWYY`ejhea\ZVRZWSY\]XZ\_inlgdb^VWT]`_Y]bdcb]dgc_\\VVhr}xofb\ZTQMQ[`\P^fa]\X\c^WOLMMPQTXWTWWUTTTTV[WQYa^ZWWNINTSQYab`aca\]X`aVTW[OFTWWTSTROEHRYYVYXXXTQRS]ihd_aaYVWTMPVWWYWaoqplfa\`\VQY_gprqlaTTNONQ]dhfll`TSSXb]W`nriWONIIOSSXUVXWVNLSNMOX[TRW[\USSUSUX_bcUMRXYTSOPRSU\]WQMNQOSSQOEA>JPUSOKOTX[ZQMQSRPTXVSOPUSLMTUPBEOPTYYTOOUUVSJNQTWWVRNJJR^YUWZUQOMNTS_c_UQNIKRYYWTRWSOYZVRTWUPRSKHLQW_ZPIKJNQTUPKKNGBOWYZXVVSNGGORV]bb]UPQTVZVWTTL@GUZXU]^ZRLJORTUVXZVVVLKQWWKIY]ZRQSWVZYVPNJGIIM[ed^VURW]YSM@IPSUSOSQNPRRUTUUYTNLJOUVHJZ[U^]SPPTQNQSTSVXWWWVW^b_PGKURHIQWWTVVVY_^TNOLQZ_daUT[]Z`jkh`epqqpolj`elvoe]^cgmqfPNWUMPOP]`l€‹Š{dOLQRRFDV_^WY`bXP]a\[]YQD:DIMUXRRYSOJPQQNQSQT_XOQNRUZ\SDBJW^c^ZQLRTZYYX[\\^^[TUTUXOFURRRNZjtrkgfinnlj\[^VW[V\`]VX]aaX_]USZaaZUVTVYSQRRW\ZVMX_]X[inlcTU\[[`ef`]XXSOQ\jspf]STWWTQOKQY\XSGNYUVXUXT^ZNNRWbsŒ—˜wh_ZXVV]]VPUddYRV^dfZPNLTSLQWcaRTPNIX_X[\YORZ[[UJAKQWUIKTWQOHQSWVVV\\VNGFHRVWUSXYUTMELODEY^YNKMS_^WVTRSMNSRJJRWTNX^YUWRNKN\``]X\dmke`ZYYLCOUVXZ]a``hi_]UT\\ZQTQNLPY]]ZUdjb\X[^]UNS[_XLW]\XRRT`]\Z[YSW``UVRKZb]XZ]XOV\^[VTY]Y]fkie^RONRXTYa]ZUWaeffc`cbYWVX__[WY\cdeijh`bcb^hv}~ynj`]XVVU\_XWacZRSVafcVPGMWWUPZ_`ZWWVRTSRZYUY`^^^a^RKNOM[`gjfc]]^`gg^R\ZPFIVTOJNPRQFHYXRRQOQRLNJKUY[WMMLGJNKUZVWXY^iolieddeaY]ZZeljfcb_[ZVTVYbmoldUPMMX__XV^jcYPLMBEKSXWV\ZYUIJNOUXYUNX^]ZVROLT_eorj[LKPRUYSY_ZURSRKLC?IQTPLFLMNLPRTTPRTULKNUSTRXZTOW]XSSW[]\Y[QKMQVPPYTLMQWVSUYWQQUVSXXSYYTOPNOYaV]\YPQSRW]^XTUZUTY\VWSNLQUULFQWUVSVXUURVY[XWVTLEMW[ZURUPHCJPROV^\YUTUXTQTYWPKAGTWRLNX_\POUYUXXWXRQOFGPXTFI[db]RSSTW[WVOHCFHJW]a[UIOSSPRN@=HOQNVXXSTVUYUKMPSPRY[\^\UUYZ`_YRNRQOJHRVZ\USTSR\c`TJPOMNTUPMNRX]X\YTLONMVdgbTNT\`_goljmrqonkpmeYTY_]^``^hebTU\YWVQNT^ZiŠ‚scXVXWPLY_]ROaeZQT]_[UWQMKJQPVWGJOHOOPWNRSOU\a_UUU\b^TFHNY^aca^VQR\a^TKV\fh`TTVWROMRXYULQUWRX^gmmonhb\WTWSMW`ZQQPS\_[XMHJUPSPQT]a\SQPKWZUXY`YPZdicXTTQUX^^abbaZWUTR_fd`XSQQTVMMPZ`a`ZQQV]a]]TIRSJRXVcp}ŒƒshddYKKSZUNNU\UU^`lm`SQLKQKIYb_WVVW][[V[^[RUWY[ab^UUSXWPVZXLIRXYY^YX[SUUNGOVWOHR[^^]X[`\VVUNJP[TVZYRRHOJDQQKHMPRMQ[YU[YWTMU\\YOMZ_d_WVZ]YNNKMXVVa]]ildYQSZYVJHTHIV_ZV[`ij`XZ[SJEFLX_]SQUSUUU_fd[UTPOW\[VSUWac]ZZ_`aa^_ZPWaaYNSVW[YZPHITX`\TW[^ca\``[YZWRNSXU[^WR]bckgba_`^_eq|~zohce\Y]VWZUYWTFP[`ed_`_]PNNQVU^`[SWZ^]XRSWX`dc^____ZUNQYa`b``cfe][dhcVSQMJMPRPJHELJJPRNNMPQUOKCKRRUUMRSMRTLNVRURMN\a]\altvqjliinrn_YY[SSPPUaluyyn[VQOQVXRW]`a[KELJHPUZWMOUXVKJSWYUTSPSUNKHKKNP\agnfXMPTV[YRSTSLLPOLKPLHNOQRNLMMLOQRNOMWXVSSPJJWZ^[TY^ZL>HQ[_[VTOJPXQLULOTUTDLQUTRSW[YX_VV[XRLLOTac]WSW\^\[WUSSSRNNY[TWUM?DPNKDKVURJPSUOMQSUVXWSFEOY]\SUYTIKLTUPPUYTSOSXXTWVYVVTQOIEDNY]YUTSTUYZURUSOKKMPKJIS^a\SGNPXYSTWPKDMRRPRTRIIGAC@?89IQNKNNLIGKSUSRUXUNNZ`\Y_^YQR``SCFS]^VJOY\\YYWWRQXVLNPKHRSSLGF@HSXYXQWXUMNWbd^[XY_[[ehjnke^`hlldSNHHTXVWYYWVRMUUYWOGKNUZqxqk\XRLQX[XVZeid\UVWUTVYPMMUQOWNPRW\TZ]WMPRMRWUOTOP]XTSMQbd`bc^[TUWZYVURQ_d`WVWS@DNQQUXWWXUTVTX^^^ed][UTRTX^_YSPNKTXWWSJFFHLTS[bb[TQJFNTYVOOQOV_c^SUTNQ\`XRSVUVTRLQLR[aaZTKRVWQXW[YWUPJR^^WTHEKLNOOWdotzoki_UOLMKLNGGPWYafjoj]TOGFHNSWPSXYZbe[SV\\`[VU_cf`XSJKQQWWWWVWWXXWYQKMXZOOOLNPXY][\]\[_d^^TINUYTXRPZPJQUPRMKPXTNNMRVWVTZXXWXW\VU[_ZOKSaga\YVW]ZW__Wbfb]ROWX\]XUTU^fe]\\a^Y\[XWWUQR[\]ZXUR[`WY_b^XYQOX`]YVLU`a]TTZ_aa]WXX[_`^\YXYXY[YJMPQSWRT\\_b]\_[UTVXWVURWWX^`bihaXYVTUYajryynmjd]_`b`_]WUQPYgnpjfic_ZVXWLOU\\[^_^_Z[\]`ba`\YUSTW[TS\_YXW\ahhZM^ec\UXVYUSTSSMD?ISSNJORQUVLLRSUUUXMOTVYWPLQRJGDHLWUMRYgqqrsstpne^XSGLYZ[_lsxxui]WWUSPNNWdh`ZTMPJOTX^]URSTTJJSVRNOU[XTPSTPNMGQRUVWSTVXZb^VTLSVX[^VQLPNNDPTSURONNSUTQMTWOSUNHJKQPUOOQNH:GNOUWYVMEMTVOKCGUTOPORQPJF9Tacca[]^TKPSQRQIKS^hdZVURUZVNHMPRRRTPKMSYSKGOWVLKJGNSQKLTXWXSKJPVXSOTLENRRUTVUTRTXXZZWVOQOPRPOIHIORPRTRSMGRSMFJLUVRQQPIILX]\OPPQRGNVSTSTOUXWWXXVQNHJEED;CMPPOOMIFNWSSTXYYQNX[[VS\ZLKTVURJRZ^XGHRYURVZXVNTPQSRAMWWUNQPLOFHQPRQTRVSKQZ]XW]^WNYgllfa^^elqocVMIHHNTZXLQSZ[PLHJMHOW`s~uofVSSRQ[TOT\cjogXQXVR[]USOQLJRSRLRXVVZPINXVQNNMWYQGT`a_][cgc\YY^^ZZ[\U[YRRYTR@LSMMQUQPTWUNW]]YOIJW\a^]\TRYbgg]][WMJFOTSPIKMUSNW[XQRWWXYVSQKNNUYVWWLV]WR[]YPPOQUNIDLNQ\eb]VSFLNMKRXZYUSSY^]^^XKMLMRSY_fkv€yjbWQTSOJ@ICAOV\a_`hjeXRMGFJSVZ\\WU]b^VORUYZWS\caTRNLNOMLNTWYWSQTSIMMLTYZX\YOLX^^]SSSPQXZZTMOTNPWPPPMHSWUOPRTZWRUQMRSKKPVWXVX[WX_]UK=PV_^Z\_\WNR]b`_bc`]SWYaebTPZahe`^[RW_[RTZ]YTWW[__^X`d]WSV][XUU^a\PFJSX[][XXWZUOU_a]ZX\^^]WTSVWVVYTSRSV\[ZZVTWSMPRWY]^\[VW\\]^^Y[]`_^^`dmu~€yghrlgligd\^Y_ejifeeaZ[^`ZPMTV]c^[WVY[VW_fca_\[\XQ[^VY][X`^ba`^XX^`_]_]XY]WRVVOGJUUQKWQHLNROXZQTVURJKMSRSSTOKLOEJPNC=KS\bejjlmf`]_\VSWQK\enmifaaa`a\^[Ycija[WPNONNU]\WUTSVTONNHMORWYSQSSX[WTUTRW\_]UW\\\Z[]]][`b_PMRUNAEIKUSNJOPWURLRVLKQLINOLIBFOOSRHLPMCIQULLT[^ZWUSURSXVPOMOMLU\]\[\[VPQS[VNPQNNaheWOLIW_]RMPGHNPTOOPRTSIBU[XNLKDFNJLOPQOQRPLRTNIGKLLHJQRMLMJMRWVXYTPPNPNMJMSKMLIKKORSI=GLCCCHRONPQPMKNQXW__YTUNNRNLSQOSQSPWYTNQQMMKI8.CLPNOICFJNQW[URY\[\]YVQWXOJJKNYZRPOLGJQYXTW\]]]WQVYTLT]`YZYX\\OFLRSUPSWYPR^]SZoun][bklgif_^luslaccZKQY[ZZWOZ^\PDKPSQ_m}‡‡}h[SV^_dbWOST_mrl`_ec`_\RUXNSZ[XXNIYb`]YVY[YVPDGRWMDO[\\[[YSLROLVYZZXWTTVRPW\XPOSWOSZYTSUYUS]ZNITZ\W[^^ZTNS\ae_][TLEEHLKIHILMORPQSUWZ^caVUSOKOVVTRONTZXSRVRUJLUTKLHQXY]eaWYTONPKMOY\TW\ZY`ffd^WILKQZX[`hmx~vcSY^\SLKRRNKIRTXT\flhaXRQXX_de`YRTX[[YVQVXZZX]c`\RHJLJOROVXRTTQTWUNKKLTXTPVWYWZa_YVVPTRRTQT[]WRWIKKKLKRWRFLSVUPPSQTSOHDIPTXRV\YZRPRIFPTWUSVXPHQ]fe^Y`dd[QTV[XIHYZbe_\[UZb^KPWZXKOS[dc^Z^a`ZTLPVXQRZdb]UQPLR]_^[ZWRORWZX[^\]a`ZUWXZY\YZZV\bdc[QOGJQWYWT_gggcced]YWZ^``b_T\dc_mv‚~yqnjbdhd__eY\X\[W\[X]]]_^WWVY_[\YW[ba\\``\[[^\QMPW[XX[WU\eea\ac^\]]`ad]VX\ZTX^WIMVYVPPOIJNNORVVWYY\YOJMTQQNFDPRPLMMPQUVY\\\ehh^TRTZUPLFLP[adehjlihd[]b_^a`\WNHTTTPSVQMNPJILKJKJQWOTQMVXVTZ[VVSOV[ZZTQMMNLSZ[XXZ^[YSSTMFIFGGIMJKPVWPMOK@FLOSSQLKGFKKOQKIKRUPSUUUTRW[TMMSPTTTXSPTW\a]SPUSPJQPPWVWYSEQRXYXQINX\YRRVUUVWRQRRKPSPONQVWWYSRVZ[[QMGILJKWZOJMQTUXSOSPKGJHFNNRYXTLMPJAANRPKJLOOJJLJJOOIDFPSGFPMOSOIDCMTZTLPRQLLQKKLKLFCQXYTSV[NLIHFIKMLKHFMMNUYUNDGWZVYZUTWZRRVQQ[]UBLUXUQQTZahgecYOQZWXWWLLTZSQUQVYUMKMTYYWW_bZ`mrlaM\ghhlogkljjaZdf`QSXZZ[\UXXLKOFIVXTYk…‰~eVSV_bb]^ZXZfi`_]YRW__XSUQ]db`^ZGP^[Z][[TPWTLNTXRLKYPQPMORXXXXZ\`^XRXVQLOXUTTTVSSVROJHXZcdcYVY_YUSYZUQQVZXQOVZZWWTTURIIMPLHMLT]^WT\\[QAGQRPUW\ZQV^\[WTOIPJLSTRROS__bea\VRRTWZUMNSUZ_[QWdiaTWUSMOVWVXahpwr_Y]_]UPQRRLMKIOSXYcgdZSMV\QYhfaTSMPQPNSZ\[_aba]]ZUGGTZVWTJKKPWVXVQLFCNOPTUVZ[]VWURQSVQWVHMQNPKPWWTXYY]]WUTRGEQPJQRNQGCZXNLUVOOQMDEUUQRWUYSSPORSQNKJMPUYTOT[baZRRQRNJOSPLRVVRQONOQNOPLKOJGSZZSKLFHQPOQRQLINJGHNSSTQQMRVMOTNPY[TNHEHQSUSKIJJJNTVUSRKPZ\]Y[\SHJPQQQSTUYZSPMRWSNMRYYSNMKJNTRRURJQWPIKS\^YTTS\b`d^[FJUWXXTLKTYVSZYWUSPMKP[]XRRVRTTYZ\UT_degimrnkgaX]_YRTQMMR[Z]`XQVPT[WLRTt…‡|gTMNN]gmmc^``__eid_\X]_UNTW[RJVQUUQFBKONNKRPHENNLOQU[QGHJRZ[]\TV\]ZQS\YLPRKPRRLQSIMVSMVdoqf\W\`YJDMTRORSVSKPSQVXZZZVV[WSMOPOQT^Z\X]^YRUOQNMNTXWSU\_[WVRMMKJMPX]ZVW[[ZYVRHOSRSPICLSTX\SQ]c^UW^\]ZTTX`fpuyoca]\ZSNPPNMTTLPVWU\b]^\___^eidZVVVPLSNORRX^[^\UUYSMOUXWUUSRMSUONQPQQUWPMTURSQU[]UHA=IQQUYWMKQT`[PBHQKHT^\XZ\ZQLHLTXRT[fe]\^_eh`I;>R_WTU\_[WVVRW\XJRXSKTYZ]TT\XSV\hTX\db\]_[VVQQQKQUZZUSSRWURPV[ZWRRRZ`]VRWTTZ^\YRNWWWX\`bcb_`^TKP]^^aba_`_^]]YYYWXYbhkf`fhg_Y^]TJPY__Z[^a`\`_\ael€‚xmc[\_gnu|vmRVZ__bacdei_TWWZ_`\XTZcbYRGNZ\SY][`c`\OSWbeffa`bbac_cjfUS]LQSTWWPPUOPWXUPRQJOWXOFDKLNQ[\WUVZYRONJ@JIDFCGRSPNQYWXSJKNIM^gdYUYWQNPNVYSUXWTSWa\Z_SJJR\db\RKR[\ZY\a`\WW\[WVONUSP_c^[\_]W^]Zdeb\ZMRQNOVVSVVPGS[]ZUPOMKHKSRL@MZYVXVTTWXVZYX^\NTVX]XSUZ[UT\`_`aUOWZ\VSSVVQchjhea\WZWUNJQYYVUV[XUQQTX\_enumjgb`^fjx€|th][VOU_cdca\WZ[^]\\WW\a`^XVW^[V\]Y`ede`\\\cggb\Ydec]Ua[V_hlTVLKHHR[^`a_WY\WLNX[QPKGPSV_^XSV[VKMSNIJJACDEOROT[chjb\RINWXOLTUSWZ_ahmwsf\XaigfaSKQSJIH?=DLRNLOVQINMMLRXWSMMOLHLLMPQNG=AOWTQMQPKFOVVZZ[ZZVRY^c\]^RFHMMPPROOOMGDKPTJKSTLGLRSQSRWZYTQNGLMMIAJPORXTRPV_ZELUSIFCQXURRXPLQPKFMSTMHKJRRILPRFGGRWWSSSOPSRRNGGQVZ`^SJMKDS[\UNLV[TGDG;KPPPPTRRYVNLNPWWYXTS[VPKEEKSWUIJFIDDNUVTVZXXZ]\W[ZYVUQNTPJPTUWNLILRQXWM86BCBOWWXULIKVZ[OILPRTMHNVYSKTWX]YMJRSPKHDB@KVRNOQNOMLOUNNSTZ][XYXUORVUQOQZ\\SKKNQZ_``XRTPKV_ebbeghw‚wif_VUYYXVSORPJUadfji`[VOW]_ab`^YXXZ\^aeprg`befkpmc\Z]\[ca`bb]KNXXXZST[VTX]\WY`ce]Q\YRKETINWUX^_WU_bZOSSNJU^``]YYZYTUUTSOPV^[UZUJLKINZ_^ZZ[WSUQJDNQQTXTLONIHNXR]ceb^bcbegbZXXSKVZ[UJOPPVWUY\a_RTYYTKINX^XUTNEFFPPKOOIMMADHMVZ]YPLP_h`Y]Ybmpmlg_ZVRTXWWXYVPKJSistoh]SUY``XQPUVVY[SLUXVYUUTOKOROOPWYVROV[XWWYWPMKRWZVQY_Z]_cb[VUMLKEIPTSSUVVSYUPZWRY[[RV\\RKNQXYSSWHKTW]WRQQQSRYXW]\ZQVSTR[^a`a[W]`_TLVZY[_ZYZ^WTWSQY[U]]^[OJJOKDMZWTZ^UPPNGLKGOPIIX]_YUX\Y^^Y[^^\[[ZSLT\VXVVTTW][[ff[TY]cca__ZPZ`bde_`]YRP[ca_VTPRRROSZYcca_Zagjjgd^aeiu}ƒ€t[PUaeaba_Y_aWRUWY[`^Z\YRUXYSSZZ`hgdba[Y[X_`]^efifa[XZ`cbgfRMGFMSV[[\YV`b\QRURQYUPPRVSTQLQXUVYUWNKMPJBCGQSJMT\ejcXLKSSFERQUSZ`_iu{ziYW\]cebROJB@FONJGFMNKU[RNOSSRJPUQHOUSOOLJCNNE;=HOVYZUPJGFQYYRKMRSOWXUOUZWNV_^XRLOIDCHIMMH@DPOPKBIIKOSUTQLKJKKIKRSRZZTPKPPV_WKLOPRMDFTSMNVWOLX]VOSRNVUTYRJPUSLOHGQMFLONPV`^[XRQQYc_QNTURPOOSOUWZSLSN?BSSRMOWVPQTRU[dfc\OHQRSRNKPVZXPOPPOGHLVYUQPELOJOWZSTUUZLGPSV[ZPOWTQORTRIGMJIORTXURRU[^a^ONQUVSJGMUREHQRYXUOVXPB=?DLUVPKLSTRNENRVTRVWYTZ\XPMLJLNOQTZ[SKDNUVU_fdXRQZgnleehbd|…xaRKLTVTU[[TY]`_[UZYbbbYST^\^\YUTUW^a^Yckkd\beheb^]a_c_WV[ROWXSMQUVQJPXXNSYXOV\aaZLVYQ>AOWUWTQ^b^WZTNOVTRTRRTY\WRQNPZZ\]`VXffYZTEJRTW_b^\RW\]_`VQRTVRQSKHKEM]_`[XYZVOQXZaaZTXVPUZ[VNVZXWRPLKZ\TQUVUTMNUWPPSUTPOQPPQQRTXRTYY]^b[YPS[]Z_a_`pyvtnhbd]SRSVZ^[TTRSerth_TKPRT[TQKIKKT[^`YSSPMOSSOTVNPUXXZUPRXVV_d^[VMGFSRLSXSWahf`]XWWWXUWUNOSWYZ\SQTUSTQQTWXVQQRRV^\^^YQQUPMSY`d^VVUMY]b``baa_\W_b]Z_]YTTUYVRNMHN[\TYVVTVWWURQPUVVPNV\WWZZVOQMHKLPUXTZ`^[YZ]efcc_^a\ZX[][U]_YUVX[Y\YU[ce`\_^cdbcbc]XWYacbdg_UPV]^\XRPY_`]\][Z^_efdlnnia^Z`aew„…€qb^ecY^gda^]URQNR]bb\Z[PMSPTT[_bijddea\XV^eiehmkebXT]]_^ec^SRTUSPMJSVQPXXWYYTSNSTOJFPNGKJIOVVRQTRMLJHLLEIVUSXY^onaPHNOCCRTSQRbeensi^[]YXWWQNQMDGONC@HTUPNV[PU]fcZUNNPOPIGKMMQRXXXTRQNRPQNLC8@KJOQRYW\ZQEGS\[UPTWVTQLGKNKGMPLLV\]YRPQSY^WQWZYUQHMVRMIQTRPZa^SPG;:DMSUPORRTXYWNMTPQSYUMNTRTQTSMNSSSVXXSPTXUS`kneXVdrrf]ad\ew}rgWQQRTTSZ[^\irvi^UEJ[_QLV[ZY[bc]]^`cb]abe`]cfe\V[_`]baTQSRLINSPQRSPQSU[]YTNMPNMWPMRXXOBFUWJQUXSUZSRUJFPV[\Y]`YSSNJV^aegc`cbZUPFLQSRSXXX\_``[XWRLOUSLEDAFFMW]\[PLPQ@HHLRTONRSTVQQWWRUSRRUPEPXUZWNLNPKIIEQ\__XZXQNLJLTXRU]babdb]]\[TUciaUfvysne_X\TNQSTTPQYVTbmmbXUU]XXVSMLRWUTU^c^YZWPIKNW]ZYXPKT^\RMRQMW^``c]VKKQPSLQ_ffcZ\WV\[[XZVE;GSWUROLPOUUX[_][VQSXXX`accfXPNMSY\[b\WRST\_Z___]Y\QGQ[^`XKJSRTYYUUYWTLRPKR[TVYWNKIKUYWY]X\ZTX^YVQPRNMRTVXXWXSPVX]adc^][Y`b_XXZ[ZXYU[ca\SRY]`_^]Y\ab^]`efd``de`fok^SPQU\]\UVcfd_ZWYW\iqrpwrha]adeef|ˆŒ†m\]_[djg_]ZY][UXbdaaYWWSK?P\_`_]bcfhhe[SXagjikhece]]`fklg]Y\^]YRQXXTOKQPU\\VTWZSIGOSNDGNOSSOORVQCFJOQKKQWX^`dqtk\UPHFLPMFCTa_n|ymRV`]ZZUHJMOQRORMMONMTV[ecZUQIDA@DLW[UJIIIIOTVONNGAKNONMHKPSSRMEEMJMQOMRX\^^RHPQV\[ZQKMRSSKKPSRPSTPGGKJOJHLUYTJGNTUOOIQSPUUMB?INGOPRW[SJRZY[VVYZWQU[ZRJGJ\XQSXYULRRQRX[YPNSU\YTPMQPUXac`WVU^]WVVQLVZSKMTMEBGGKPWUWWPSZ_ZVRNQOKQRMGCPZ[[YTMPNQXYVVTSQPRVVZ[TRWREDNQVROPOQRQLHJNC8=LQSVZ[XZYSNWZTTVU[YQOVZWOQVVUXcibUTRECLRRFOZc^ZTWYTUZYVSJMMJGNWUWYVW\XSNPQQGGQVV[`b^XUejdWK[\X^l|~zo]TIPRQMPYX[punaWQR\_WQT[ZT\hol`_]ehd^`db^aejfYW]\]`[RKKIONKY_ZTINVWRXcbY]\LKUUQQW[[UXUQTYNPPLSYUS\]TX_ikdYXUUSSU]]TU^^V\\TJHNXZWSRRSQUZZYIEPYYYVOMHJKFCLQUQKIOOKQTVNRKEJNRXZRLW\RLLRWYXTIMRVVSSYVRLGOIW\^^\^YPONOTUSRU]`]YXWWY^[[efaNTmtum_WYYWVYWTTRPRNKS`f_UQQZYNLMLNUZ]\XURQQUPRIINU_ZV^XOPQVPHHRTWZRVZ]VOTURSS_ec^YVWSSUKCQWYPPW]UKNPNLOYWV_^\XTPMKPNXYT]_]RIITVNOSTPQQU]aW][XWbeaRJJSUYWPPHIY`]ZZYNIUUDLPYOYUTZVZZNQVX^ZTV\\YWXWUTSSYYXUMIPRPLFSY\_\UVbii`WWURUWW[fg^RNQUZ\_\WSX]Y\`fllg_ce`cjg`WTNMRZXN^fd[QPYYTVdpsw}wj_[ghiov‰†{fWY]fjdYX^fb\[aafjg^TRNIDLRX^YSX`c`a`WNY\]annibcfbURclmfVVPOOMRY\ZURRUVXYQLNTVTROQRMHJGGLSSPVWVYSNFTWUMKQZ]elqrj]SORRQHLP\afz†ˆ{mdfaVYXUUVUSWSUUURMPLIO^aZSPKBCGNOTYQOLLLHLORQKOJLNQIFJNPRSQUSRRSWVVTRTZ\VSLLROLLJQOF?CJFONNLKQZZWSPMLQP@HXYXWRQPSUQOKPIKOKPHEKGMMMW\ULNTVTPTZZQMMQJLJQGOWRUUY[Z\YUWWVXMKYZ[SGNTUSUTOUYa^^ZSJIIAEISXURPRNLIGMUVQKOMIGKOOIAJORWVPNGOQSOMQKGOX_aZPVSTWTVLCQTUXUNRSW[SORTVRMHFLSPJHMU\cd\TTPKJLJLY[WWXLLNTRNPRPP[^d]ULEANVYRRXcgbVNJMQZ[USWSQWVIOXUWTUVSQHMMLPSOY^][[WXZ\]`hnjcecho|…ƒ~wi\TSUWUIWYYajaX]]_]VLIMVWW`otqkgfjng[T`^Z\fli]]_^`YXXZRELOMVYXPDNZ`c`_[af`WW[VQY`YPMRWTNKSXWSJPWXONV]Y^lplaXUWXX]a[UU\b__baYSKRUZVJJNRPRRIHOVT\^[ZSPPQOOSTUPKLR[YSYZYUVUVOQQURYab\PSVX]aYPPPKCEQY]``[[UNSSQPZ^[TQKJPUUQVVRPNQT[\Z[edZY^lvzxm\RSOWZSJHJJMDAK_kj\XPNFDKOTSRY`c^]YUSKNONKKMTVLV^aYKMPOLPUSUPGFQMHJOONU^^TOOQMOQNJAFT[\XYXNBKRQV[`ZSVVSSLQNFORTXZ]b_UIFSTDGRRSMLPTYRQUY`ggf_ZX[W[`aZVTZ`cc^WQ\f^OI?OWSTVZY[XTY_`[QQUTVX][YSQSZaa^XYXXWZRTOO[\RN\ba^V[ZUQT\`b`[VNIGPVZZVPSV^\`fjlf]bee`cgf`WOMRY\_difXNTTSX^_gnlx€~peZ^a_[mw‚‚{o]^lroaVWbfec]abdkl_XUUOKJKRXUXY_a^[VU[ab`bkmichg\XU\djcYckMBKSYWTRSSVWQLNSSPLRXSPPMNNSUVVPOMNX\ZRNR[WRMQXYRXbidVQTSUQKL\iqee~|orska`ebTNPINPSRTPA@@LPPR[[POJBJRRUSSVZVPLNLHEFGJSSNNNQPNG>FLMGFNPL?JPMSYTOMNQRJAHLPOHEBBCOQTPOSTPMNRNTTMRYWWZ[VOLOZYXYQNSWd`P3PYSHTSI6HNQTQNEIGPSRHHDIMUXUVWQV\^SSYUPUPMOKF?FMRRX_YNFR[[WSSNIEBIRVTVMMS[_YVSO]losyvpc`a[UXTFIX^\UT\gppi_XOPJKQWVSV``UQRUOJFRWYRHQSMOX[ULLQUWSQJSTOBDKNJKSW^gl_ONLNWVFHBGTY\Z]ZPKNPRUT[VZZTRPPTRLQVWZVWUTNKMTURHPXXMDDNTPPS]`ZVXZXW]ZPWW[WY[]]a_\Z]fc^^UNVORQMUZ]WY]\VWTOQOUbc]VTTW[cd\ZX^cc]RKNOMLRZ`b_Z]`YTT_d]VUZ[^ZUY^\XWUQW[[hlgfbad`YQZ`a]XQQZY[ZW_WPVZS[\U]_`gsstle]_^X_mtyui`cospja\\[\__``]`e^[YVSNJR[^^YU[]`ZX\`gec\`__ejeb`ZYZfdadopH>MSXVMNTTRH=AOUXWRUSIHQNOQW^\RMU[[\\ZYYXUPOTWVUHKUTW`ba_VVPKamqpijpjluvlciid^OQXSNMDHJDAFOUNP\]XWPMHKONTPUXWRIIDBMQMSYWJGS\YMBBFMMHABPOJJPMOUVVVQMKLGIJPUPDKMKJOWWNKPRQSNPOQNRQCJQUSQSQRVW[XUYcll_?EWVINMHFFBGQZUCIDJNIGIMRWOLGRZUR\^[ONJPWWOJF:BEBBNROIPNLPOLRWZVKIRVXYYXUXWVY[UUSHDFEHJNSWKBEKHAHMOMBAQX]XQYXQNPRMSSNORLQ\_^[ZZZUVWUYXTNRSGPV[VMFOOPURV[ZRUYUIFIOQPNKDINKOVPOZ[ZVUSJKFKP^^XSMGJTWZ\TDKSTMHITXSQQTUTPRUSNJPU\`_ZNPWUDDKUZYTUZUVUPNNMHLORQKPKUba^UOSRXXKRTPQSSPPY^b^XVUUWYXQKGNZWMLX[YXTMHMQ\^_ZTHT`ivzoghlqz†„s^UJ9FTXTNMVUSVTQJQXY]bcdcb_l€‹‰|hRNINMRW^`\[XU[]Z^e_MQRPLNMLPQUTNY][Ybg`aaZY`XVGIU[YTVXPTPPKPNUOGKJKLEITU\__TLOVSPLVURX`ed^WX][]WVSNMPMJOSRTZYXRSPJIJOSQXY[XX]ZYNLNSWXVTOPQRHEEILMRVTF>KUTNRRMLOJMSQOTSRWXTY\]_b^WNT[]]_\VPR]cb\XNQUSbeeaigb`ZQPUVTZ[YXRNQRPWWKSWOLTV[_]UWXMFGKQX[UMPXYQGIOLMQSUXUU[ZY_^\XTQQURRWYWU[[[XRVXZ\ZVPGJRSNKNNPNOWXTV]YPOZbZOMRLGKOPQTZ[USNPWVTZYQSVYZXSQTX^^ikaW\\XPLQSPPU[bcbYXTLO[[[ZZ]TWYQMXSRUSUXYWTWUTROSWTVWVW^`^\XSW]`ZTWSVXcfaVSU\a[VVWX[Z_[UUTX]YUY^`\VJMTVXY]`adfib^YZ]_ZW\bdff``_aWXYY]eijf_ZV\ZS\gmkhgc\PXeiilhecbge_TXYadfhf[WTOOXVUYWSP\flne_\\acdgfa^^\VW`klhOIISYXZXSORVSUY\[VTSTQ[b^UUQLKSVV]dga_]Y[[XYZTQFADKLSY[TSURTTSS\`XJBQ^bbdnshTJHIIIMNQIHKGLROHP[\YZWXUTSSQTWNKJDEMMGFFGNHMSZZQPTQMNNLJKPQOGHSUUMCRZgj_TRVQNQVOMVXPCALQTMNTSNLIDELPIPROQXWSPMPUTRW\^_ZZWYWSUKGGMPF@OWZXXUOIGHNURHT]dc^\`]RPORTXQLQNQVYTTW[XTVROLOMVWSGGJOTSUVXTTQSQTXSWUTQLTULKHINQKRWQUWUVUTSLJCEOUXXYTMIMVXWQJMVTOMNNMLPS\_a]YUOTPSQU[`d]QOLG?IT[ZUY^ZUWQPPPHJYZVVW]]]]\\VSOX]WTQPQVUVVVZYY\\SJOVYNGIHNSOW[WRQPMOLJCOQUQP]`eq||skmpvwwtkZNDGKPPPGLSQWWIDIUZY_bbcb[Xpˆ’—gSQMJQXVQPNOX][Ydg^QTWMKLMNLLPNHR`_]]^emkZSVWLIRXYRQPRUTSPNNYXPHCMROIAKMMXXMJSYXKISYXWW[YPSW`a]\[XRTWXQJPVPNMNPPKGKMNRT\cb\Z\[__WSNHNQNKIFCFNVRIINURJLPMDM[ZUSPLKPOMSMOUROS[_`\VRRZ_`]YQMKR_hd\TONSGW_hmrnlf[KPTRKJNQVSTWWZVNDSVIKTU\cd^ac[RPTTYXSGLZ[PKNLSRNPQSQQSV_de\UVTRXURYXMGLRSWTVWSVTDHPY_ZWVRTOGNUWVWWVZ]^[SPTVQLMSQSU^^WTWW\a_[WPNNVYTSTSP\bkiUU\XTKDWb`VYY``XTVPTYdd][_\YPUOHVMJKLLRVZ]YVVVVXZUWTQSWXPIKJS__TPRRVW^hcZT[^ZXSPRY_`]XROT[ZWT[ZY]\RW[[Ybea``\ajid_\XYafc[^a_[\\Z__]QYghgd_Z`a\`glomm[QPRbpvxuefddbc[QRS\_fc^[UHERUMTYRQYchljda`Z[^\_bb^^[\gknmeNE?GQQMPOHIJPVYROKOHDKW[QHKNIOOPKQZ[RPWX\]XSOHMGGMPQ]a_ZXPPKJJR^_ZSKGW`efkeZNSVOKMHOTMC?=HQQIMXWSRNSTQUVVUWRPPQNVTMKMVYRGQWRIDMKKRVVQQVULJPQSWUKOZcieURTRNW\YUVWRIFHNLJPSTTRG@ISRNVZTOQMQSSMLFKQX\\XOIKRTPURPNQJBNX[WZZYQJLX\WKHR_a`X`\PIOUXSPGKPOQUPMUXWTNHIQUSX[VKLOOS[^^\TSV^UOZZY_`ZY[VMOPNOKLV[[_^ZWUUTRL>>IOHMUWTR[_\QENVZUNEA>DBLTY]Z[\Z[YYRPRS^ecWOOLDJOUX\]\PHFAFLLJNZ[RY]^`^XTUSOQRTXZTSWSWVWWZVQPOIRTUTOUZVQRUXUJKV]ULHVY^Z[VYcgjt~tjmntyythUIBC>CMPFCPYZZQKILTPQJLRVVUXe’’…rYTRUWZ\cefcjib]c`XSOOHJQVWPFILGHX^\[ZceaPOLMOQWZYQPZY[XRMJMJQPIBJSUOMLEAG?>IRYSJGDEQMPQPKNV\]`aYTVQTSUYULJOSUXVRPOSRTYbcYQYSQZXNFCRWZVMB@OUSPGLMKKKQSOKSVWYWUPONNOOMPWWVZ]]b`WY]bdfe^VLKT\_[SQS[WTTY`prqpqf\[YPSSVRGFS`hkiYSRQOLPMT`fdbd^SKQXXZ[YU^]RLHQSPMQUXWRSZ_[XYX\\ZXYUWWPMIKMLRWVPORNPW]ZZWUURORWWKNKOV]^WLDFPWTKKFHMNMPOOSWZbbXQRW^_YJEMRPWZ\WOZZSOI;Q\UNRV[]\]]UR\_]VWTTWYNFDIQYYQLOSTQMLPZ_ZXV[WNLJNRNJKU^]WZXUTQZdeb]SGHKLIMU[UVZ]]`fbV[c[V]]ZZ[_^]_\ceb]eb^`\VOT\\RW`b][WWVYZ[bhcafidaa^[admsj_FMS_lvwqf_c`^YUTUNX\\\`aYPGQX[\]YRLDUiplcVPY\XV^YVQU`ehjje\FGSTPLSZSOMS_]VURSTSNTWOMSSRTRJJKTTOPPQVXRPPNQQ@KQNQ[Z\]XUPSNSV\^c]LNZbdii^RUVYTSQMOI@DGISWSX[WXRKNQ[]Y[ZWTRRQMMRLKOV[SJJHEHIOQRTPNOPVWQW_\WXVOIMOZ]YKHKHJUVSIDILEHRJIPOMTNKLQQSQVYVONLU][TNMMRWUTRNJINPPYSJHGLKHLQNLJKB=NTUNJLOST_\]WGOW[\[NOOTVWTJJKKVSICSZZV[\VRHGINQ[[TOP\\UMPRT]a_\VTUV[YPEJQV`hi`XUTPSSNMQPKTZZWTWZTJKLSWUQLFCOVUUVZZVX]^ZWSIJPVbdaUNNPWXYWUQWQSPOOQOSWWWX\`\TQQMNLPVXUVRQOTUYWPPNX]aTTZZWTS^`YPPTXXSHOWVNKOVSVWSQ^d`nyxlp|vnmmcXOJQNILSURKRXZYTRNOQW]SNSTT_S_yƒm^NQNMGFSackstg[^^YTPNLNKLRSUQNORROPPW`dc]_ZGANWZWRQXSYZUMUUPKQUJDPURSTMQTSOFGROOICGU\^^\RHTV[cd^TPSZUMMPNUZYYYTQFFNUZ\][OOSSRTVUTRS][VPGCJNHORTROPOPRTWZZUVYVSQOHOVVVZXUX]afg``dgjlkg\SJPUWW\_\YTW_]UZekmf][VQMMRTOCFJTekkdTTUXPKDH[gd_]\a]QKMSVVQY\TGENUWRQVUXWVX]]\YVRYURQY]ZYXWQJEPZTNTZZXXZ_][WTRTY^]VSPP[_WRED?GRTRPKMTXOQQWURPX]ZVQRX[UNKNNRWYZUYZQR\YJLNDDSO[^Z\]WKS][SPUVSNMUTNQX`^YQS\YLDDT__`YV\Y[^\WQPX]eff`da_]^\aghcYRYZPQX_ZOQ[][`aZ\bggbc^[XXaf]V_ggb[WSPWYPPTZZZS[[VX\ZZZ[^bcZYhke][STabelm^UOW]fkpmhea_\ZWPQQU\Xacf`LBRYbieZSOPbrwq^VW]acca\Z]VX]_adegKQRSGJTWSPTVTMUSSUQOSTRSXWRWXRQSWVOJLIPOGNTWSRGIRXWZX__YTNLRLOUY[YSZ_`bmocZRPOQPONJHACFFPYXPQRV^]SPX^_b`YQX[[WPBEPTVTPKN?MTVWZ^ZSPMMSXZ[][YYUNRUNJLNPPORQLPWZXSQVWZUJKPTVUURUQQV]XVRFHOOMUYOMU]]YVSPORWSOGQNLSOLUYSVVPSVXZ[PHMSUV_`WSSSPPU[^XT\^]YXXULDTZajnhTQSSUYVQVXZVMENU[YQTSOLPOSWZ^ZXPQWUPPQYPQWWOLR]`^XROX`l{|wsm\\jjg\WTUWZ`e_WQU[TQTLQWa]XXZUVZXQLOVVOMT`effa\UTYTU[agjnk^TWVWTTMKSUYWJHJNQTTMOUY`ecUJEFNVWbXFILV]ZV\^`[USVQTSTKJMNSPVVPKMVYY[UTTSOPSXWWXZZYXSVXSJEIPSRRNRVYZVRXXPW]YVVTQLOY[Z^VEFDHOOOKMR[\RLTWYWWYWTQINY[`f`ZVSTYTHKY]^alpiahiccgfa`_[[]^_bed\XkwxkXMKMUZ[[ZUW]]YWUTYVRP^da^`]ZSW[_^WOONQSPHCHNRMJKLIHKR[^cb`ZPZX[Z\b_ce[MMUYTEGS_\TSYZ^WXWVYUQKPNKLVTRR\\UNJLQYZ\VZ`YZZTU^_ZXZ[`_XX[[WUSLRVSWRTVWUWMJQWVRST[]YPV[ac_UY[_a^YNJMSOOPRRQTSOJT]_]ZURYZXYVKGMSXYVX]\WQTRSYYWZ\\Z\\^WP[`YV\[TUZ\\ZW]ecccaabaa_[QTXTNWWYZ]^W]_bb^XOVX]_cfgcaacgeYVgiffedff^``]de_ftyupg^]TV\\\YZW\WSUVU^edZQU]^^dgfd_Y]_ZY]iidahlone_`hVMFLJJMNNROSZ\YWRKIPPYWWPLEHJQ[][RDKMMHKMOTQPKJJD@BJNPMMOOMHDD?CMU\gq|~sbNKRQRSTWNBNOOONMQTW]_]PLRUW]\UNPPSQJU\_VSNRUQKOURLD@?>QZ[YXZVKKKLHJOIRY\ZRKTWXSF?KTUYXUPQPPLFJHIGBDOWZPNQTZWKQUUPLGJLPPHBEBCQVUORW[YQSTJKSNITSROSSNKQVULEHJOUULJEFH@LTYY]^YX[\XWZ_]YUZ\`eh`XXWNFOWZTMO\a\PKTRPLJS[^ZUTOPRNPQUSMNQSPNNIPTYULQXPSSYVPLFDJRLWab[SMTVUS[\[SPUUWYYRRUNPTWZWRXY\`^YUUOMR\]cjdRMSUURRORYZXOBOTURSUQNQQNQWZYTQRPVUTKIRRVWXSSSYXSJLS\`i~„~vlcegmgYNNUZ]_^RX]f`ZPHKUVSUSRNIY\TGNPJFNT\_cilmgd]STVW\aemng]\\^[SLUZZ]YTTPMUYVQSVUZ[WRC<JQUU[_[ROVSNGPSOKIQSYcea[PHORIGEBBMY[WUOLQX]XTYXPSYQCFW\TRUYWZXIEC@JPOBEJTYWT[]Z[XYVSQTW^`b[[ZUQOUWSSXZ[chh^Uclhhkfc^VZ_^_]__ad\\drsn_SHPWTRQTUTWRSIGRUPSW__]YTJGKQUYYWLRVYSHJORMKSWRPIKRQRWae[RLRVZ]^ZbbYRSUXTJK[^VPIWdc`][TPPPKGEBIRXUQWXUTSRMLPTV\c]Y]XUXXVQWYTTUZ\^^]ZUIKQW[XRMNGKTZ\XTSTYSNOY\[YZYYPPY[\UOPRWRRRTX[[VRRTQVX[YRNTYUQKOVWQW\^\ZZZV[ZY^[[^]XWYWONWULNU[Y^beaY[`b]W`aa`[WWVXZZZ[acaWW\YX[\_aZTNNX_de^]]bea\SO^morogYYbkqnji^\\gornfh]V`ba]YYXWOGFES\^\X\`a\^gb\Yaa^ZW[b_]\``eikc^fLIUO=FU]]YKHLHGNSUYZZYVSSQKHQ[\XVRMACGOMLLOLOPQOA@NUOKMTROMLEALUY`eq~veNFOTTPOTQHGGFIH=?FOTWTJ>RXYZZN?DUXTEAHOSQXZYUKORQJHIFEKNUUWQIDPPJHORNRVLJLMNUTONRRORUYXUTMLPSSMEB=EOVXPIHNZ[SQMPTTNJLOMTSPOORTQPQVWNNSUPRRQLRYVROPOQQRRNOTZVWPJE@OYTHTVRWYUSVWPPW\XQRRWdllaUUTPHHUVRLLV[[VLPLMNILTXPBBHRTWZZWSNUYZYUMKTQPWXZYZYZYQJLIGJONV^^ZUQU\VMMZY]WUUHMPLX_XZZ[]\VQPYd\PGONRZYQVgk`UOPHGKJMPTWTYZWONTWXTTSNPIJKIJGJJNSPMQOMPQVTNPUMIJW`^bw€~zmjmuusgVOOW^`\T\ifcYTSV[XPOQXMLW][\XUPOUY]\alrvrkc[\^^]X]kpnfZ\b^[WVZ]][ZY\PMQWUPRZXRSLIIJMPW\[[VPTY[cb^VR]_[ZRM?EKS][SLQVZXQFCJXVJ;6IOQWYVTRPLLPQSSPKDLX]^YPQPKLSURYY[YYRUUMMU[VJGORNLKHRXUSPECKTSRVULKU[XURKHQPMMMQOPQNLORULRVWY\SNGNRQHNWURKHKNMJPVZURQUTPPPNRTRMKRV[VUOLQOLPTOPSPR^hdWWTH8>IGNRPRTX_XONSTROPTURMJMROLXXY[[YX\\[TV[VTVWTZ[`a[NJKNPPTSPKJTVWU^^N?ERWZ[]UILQV[VW[`a]UPQLXYXVPINSWWZaeaYSK>EFHJKMRY[^XSNNTYZSRV^YRIMJDEPTYSNOEBMJJKBHUWTJJY`jnvxwriahnuyxlYMM^da][\d]XNSWWX\YWZVPX^cfc\QLORQNTclpke]_b`ZUVZhmlka]Z`aZZ[[XRKMUQHUWSJHZYYRQWKPTSVOQXXVURW]^]XR[[XWIWUOJVXMIAFMTXZYTOMIMMNRURQKLRPOYWLHLPPTUVUQPVXVTVVTVaf_VVZUJJOX[\[XYRUSRNMLOLKRNLQQRWSNLPVUUUTUXYXSEJTQJJU`c_]WadcVSX[VONOY]^a[Z^jw{uxtog_ZUSMNMUZ__XNIPXWXW`babYQJQ[baY[XWXZ[]YRMPQNHQ\YZUTWYPMPSUSJJNOPTSIDJV\`XJIMKNX\ZQUTRPLMPVOJNJISTUKJPWYTLLMJONKQVSUVVVUTOHHKOXZ[Z_`\QQTUPUYXZRPVbd[SJO[[VQIIRW][VNHYXPJFHZb_YNW^^ZVYb``[MLILSOMTZYPSZ[``\`^WV^b][YUR[[ZV[_^_eaZWZ[`caVNO\]ca][^eba]]`ZXXUZ\]fgaZSWcdhkkiee^\ZXZ\Xbc`]ZZZZemhabhkox|}xoZQ\ega]TOY\ce[RV__]_a^_[ZVSVXWSKSZ_ceb_WX]_[VX[]dihbYVU>KQLTZ\WMMIJPNNMYYYWWXUQLPTTRMMKCCJNMGIMOU\ZSNRWUPTTSOMPYcd\Ycjio~}wfTLD@IQNEHOTSTUUUPE@KQSTSRQTQRRKF@EGHIJMRNRKHKPICLNSSQPPJMW\\TLKEHDFOMQUQWTSQQNINWWVNFQQNJNUWSVVLDGRSOSQKNVVLLKDDIHELJOPKMH@HHGP[YL@FQLNTTWROLNOSRRRMQWZTNORROIMNU]\]ef]KINONWYTQR]\SPVSWVZVRU\Z][TJUZ^bc]RFPPIJUSILPV\^\]YOPRLNQYXSC@QYWT[\SDCNUQW]UPRQRV]\[[ZWOMMMMSSVTY[XORSVV[_]WNIHEJNSX\ZXVUOUWTOOUU[YTQPOCHTWURPTRFD=ALPUY[UVONY_fqwspnb\`tƒ†xfWYbb\YUSZ]XN;?FS\]\`XWWYbjhbUMKSVRTVbjlnpkgeXHJ_kpka`^Z^cb[]WRLDCQRW]]XPIITZ[a`VX\YKJRXX\`\_a\RTTVSUULQTQHINLJJPPPSXYUPLJHJSZZOSVV[QMOOKCFEEJNUUOQYYVU[\YW^^UVYUMIIQTX]ZZVPT\ZTQQKPURPWZZWUUTRUTNLIJOLOHPRRRNFFV^ZQNM_ihbZYXLNRV[ZVU[VZ^gw|spjf_YVZTTMT^fdSKPWZ_YRX]\[SVUIY_[VWXVTTWZWNSYZUFD_b^ZTTVNHMPQUSPMSSTSSQRRPPTLEBB@PZTTVWYXROQYWNTX[_ZQNJIS[XPSZTSSKKNW]c]UWTOPVWOKV]]YWV[\\_]WSQTZ_agfd[SLSVVRHERZZMABFSUNQJP^^[SI`[[[ZTXUVWPOZ\XSRZ_]OIPW\^\][VSUYUUUUX^\RPQUWVUY[\]cba^QQ[_`bbcfehc\W\\[]^[VW_dc\LQY`c`aec\XW[SNTV[_]dhf^\Zbih`_ed`ktwxvk]QY__YYXUV\\^XUVTX^``\[VYWMRY`^KM\[^a``\^`_aehfca][`^[YSY\\WRXYXVPMNOOMGIPQTXTQVTS[\\WSUPPOOLMUXRMRUOCBKRLLNSPKUU\YT]eopgr}xjYUKFNLKJKPPSUTXZRH?ADJIIMNNOLROFEAEFIIPQTSMGKUTRQVQNORSNKTYZWVMHFEHQNRSTQTTVUVRNUXXRKNXTTTSOCNPRLFLQQONGKSQKEKKJPMEDFFLFKKEKWZUL?FIOPTMHIIOSMJGA?FPNGADEOSRHDHHC<7EJGFINLPUYWQOLDEKMTVUMONIKQTQSSSWQPTUTROPQV_^YHILNI=IONOQQMLUVKM[VKDLNMJLJQSONR[b][QLNRHGJRWWY\ZXRSTOHW_aXPJNUYVSNLMOXXVVSWVURPQUPV\UHONJTYZ\``ZQVY\ZUNLMJLMZXWe{‰‰vb_ltuiYR`e_\XMJVYZ[\VTRMUVSQONUXbjjaUVWUV^a[Y_jnmgifhhklf_^YILUTOKNPLOVVV\_ZRWPMOTW[[YXWVVZ`]Z[ZVY[WWQNRXX\d\YXMRRUZ]SMHGBINKHIUaf`PEJKEFJOKMV]\RSVY\UJRWLPUVSNU[ZXP@GPT_`_XSSUPW[WPEBKOLSTTRSTVWXYVVSVRHDIRZ\[UR[Z\^[RQY\\]Ya_^a_aa`\Z]b_[_b``_[YX[[[ZUTXRTOQ[\`djgc_]^bhgdb\\SZcimwxpfaXOJSYhl^TS[ZPPURSX]\`dfcfb^X\accf^X]_cb__TDOV^ffbefeWS\bXJAIIHLNPPVRKKONJQWPDNRPRXZVQZ[UPSYVSOPROKJKOUVQOPY\ZQMXUNPn…Žˆvb\UNRRSVXWOJRQHAFJGLIHOQQHDAHSRNTRQNKMOK@=GJOLIQQJHMSVLJPTVSQRX[UVUSPIHOXZ\\[QRTNOMPONVUV\VHCMVVC2@LNKGEEKTTNEGMJGEEQVSPGHMRSQMIDHPOLIDBGOR^`]VPOMNLNS[b]TMPTSQNJAONNQVWRRXSQSUYUGESUTSJFLTULTT]a\WURPLB?KQJLTUTE=JSQG?JW_hhZMRRPNLHFDDV\QP`c\TLNRPRRVVPMSVSLLNHHTXPOV[QKL?;LONZZUSTRHGQZWYXRKNNSTQPNOPSTNKOQTZYRRSWUVNIHFGG=?GGJMOOJTWZ_WHMQFFRZ]bd`YUZ]XPRRWTPQQSX^eoz„seeoyvgYUVX[UHILR[\YNQLOV]`aVV[ZcieaZZVSRTTS]ciadlxyqmle]\eb\YYYZ\^[\ZXSU[VMU\XQS\_]ORY^a_VTUJOUY\\[WLT\WWY\YRSLOT[`_YHBEIW[RKU\fgbYSIIONQNHISXVVXVbbZPTYRNQQSQYa_[TAESYUQPJFRWU[aYOIJDJKOTVWPTTVYTMPRTSJJJMR]XUTXWTNX[aaXMOOW\TTV]]^dfjh`bdc]UYm€‹‹†dUQONV\\^]fhb[YUSRSVUQSbnurcYNOTVQPSRRLHPRVWQUXSNNOTVQRWYY`__WRRVTQQPOUXUMVZYLPWQQWWUURQYXRKJMSTSQ]\VSUXWNRZ]]YW]^VQXZVY^acaa]ZZVKCV[Z^ZXWVQOPNW[]LIUWSPNXYTKOTX^^TQTN@LWVSRSZWPPMGNQLSSPMPRYZbc`TQ_`YNS\a]YaaZVMDKSTRMMUUXTVRTVZ\WTM@O[^XXae`ZY]c_^_ZW]WTV\\\`^UV[[XXU\`_^[\__cdaca]XS_ffcXU]`bipwzupj`XNJK_jmka`VTURMOU_b`_dffbb]XW]`dc^US]cb^[WKRUWV[ehjkg\[chRJOMMOTUSRRJEPMENTPNPPRTNNSU]_[UUVSQKIGGINMNMQSKCNSPI@ILJKYv}qd[VVTPKMQSQINQKMNJLJJNPPLPPLNSUTURJMFKSVPABKQPSZSJ@MTNQNKNONQ^ee]SRORPKPTTY\VSSTRQVOEDMMGTVVLGNTROHOMKQQLLXWTOPRNKCERUZXMINHJLKGKRPSNLGRRPPW`^WRSQSUSPY^ZTTUPVSMINUYIKSTVZYTTSOQTLNSTVVOQSWUVWXa`\SQOKLMNMMPSWVZYQLQRPDEN[ddZIOMROKJHIJW_XGVa_UMOIHOSMOTX]_WQFKKKQWRLQUZ]VMKMONVXQUTQLNYc_``WRTSROOKHGKKJIEOPPT[XRRQWZWUSJHC;JNIOSQTQVVVYWONLMMQZ[VXXQORZTNRSTVUWWUW]_Zm~tjjnwuk`RRV]QAB@FX][VWUY\\][QQ`^_`_[TLKQW]WV^jqoblz~vgg`[booe]Y[]^WY\[^WYXRMTPOQQQVUNIU\]YONMINQVWXUTQPWYUYYTONKTVOVXXXPKNLJNIIPPV^^]SLMSTYSMLLLOMPRVXSTVVROKNSMQVY]a]VZ]VUXWOSVX[_[STUMFTYUQRKPSRZSMQSOLELPMQTRXXOG>BMR]`XRXZZ[ZYXXWSXaffcc]UZSQ^o}‚†ƒp`ZVMTZ[VZacc`YNJHCMSU[jspiaURZYXOJOOIUWPQVURQSTTZZZLJZ][]]TTWWSPKOORUYZW]aVNSXOT[\ZXYWXRINLLROJNPSUZZZSLT^]WVXWWJN[^XX_]^^UTUX[YLO\bhdWTQLDOT[ef]QOQIIECQPNTVYZ[TMRM@KUWPIRXW[]OTQIPSNQXX[_dfc`Z]\^_]\^\YZYZVOQ[^\ZYV]]a`WWWTSRWXWTW\]Y[dgaZVVXVV^WV\]WVX\_c^NMZ``X\bcdeeggccegda]RF_giga]__dft}}tkicZYVValtrmbZXZXXWZ__WT[^`aZWTTVQS[ZZWW[[X^^]\PU\iidfif]Y^chSMIGJOQSRQMHMVXPTYTJKLRRHLQQUUMEINJHGMTPPOPLLNNLMNJDHLNFEU\dkmjc\UOPOCMNJMIIOPTUNDJRSLEISTKGPNFAJJNORQPQJDHNMUUMIKOUMKJ?AJPUbfc[QGHSVRRRTXWRRYWPNIHFKQRODPWSMOPVWMCKRUUVYXRINNOQQQMINTRNPSUQLANX[ZWX]_^[QRRQRQRRROUVXYYQTVOIV]WPUZYRGVX^[TRWZVTWRTUPOMEMVWWYVXa``aYSOJOUTW_`[QU[UKLGHMPOO`_WOMRWWVZYWQUYQEQX]XRLBBNTQPPSW_`VPFIPPFHSRV_b[UVRMPWZXPJJR[\_]\YSQVVSRVVRRSQMFJMCCLWUSRPSVSLGA;@FQURSSQSSOLJTWXXSMTVYUPHLSXZXTNPUMOUX^\XVWUZlxqkflonjbUKPRPMIFDOYYYNT\\ZYSLTZY^hkg\PMNKQRMP_hijpƒxecc_Zbb^NNNNSRQYY\ZZ^\TLKPPFMORXPKTZKU\^ZURTRT[b[SPPJEQ[[XXX\ONORSMKLMLLTPJKTWTPPPRPVWPLKOSPIJTNNZ\SPTOTPJQOT^`_ZXVLJUXTMJPPVZZ]_[XY][^][TQPSPLKMHDENPOQRKU\VMMMKHPYVW^YQNQUXZVILX^^Y__ZXYQSct„““†iZVQQWSPJO[Z[baRIHFRRFWjnh_VUZ[YQJMRNTSD>MQRY]^[WUTSLNTUWXSQRSVXTIMGPX[[\^^ZRSPRTW\_\TOSNMGFMTOSSOLQPNNTXZTJKZ]WKLUYSSUSNXURQX`d^RVY[YUPOWIMPU[efcQBBQXRMLNQUOROORQLLID6FRTU\[NDQTRMKSYRLRUSVTPJIOSQSRMKRRLI@BHU]XRPPPTROIHQNNUQTXYXUVXOTX[[QLOXYQHOR^]WUVS`lszzqkllcNILROSVTPU\eaRVY[\[XNRYUV^fheYNIMSQQT\_adq…yhfdZTHMIESWRQOPWXWYZ`_VOHLUTRQXZUOVXUXV[`]XVRSTTSZ[XNRTSSPLR\^SNGMKIJPSRUQOQQTSNUXVPLEGGEJOPMKROTY]XUVRKHIUYZ\WSRUXTMSWTSROKJSNKVZ[^ZX\a`\WVPPURMNCMTRPJPU]a^Z\ZOEKTRRTSGFS]bbYOMPYZWUXW]ea]]f„–šyebb_XLFIQROe|}t[KORMSY^fdb^\UWRNTXSTVXOLTWV[]ZYVPOUYPHPYYRPQRRYYTSQUPMT\`d_TOMMP[]``TNNPLQRSRLLLIAILGJW[[VNVacb`YWMMPKQYYVVVXbecXQ[ZPNNW\SO\[Y[[[UOW[c_[VLUZ[[YTVUNUVRNBOQPMQ[WIGLLPSOPZX[eegf`\\^^UKOTZ]YUSPQSPS[_^\\XQNTUYWZ][[\]`_`^Y[ZXWRPS[[^_YZbgec^WRVX[YXYacZUXZbca\UVSU\YX`bifjlifcdcaeqstqlgaXV^loff`^be`VWXWWW_`\VUGTZ]XRKFP[__`_YT[a`\chljkikqpngceiJIOMGMNAFJMPQQNKEOVWUPLT[[TKLMKNX\ROTXRGHKMKFHSYSRQTZXLGR[dkogTW]TJJQTUUNBBAA??=BNRTTROMT^]XROVXTIJPOLJEDIKOQOWYSRTTWZWS\`^YROQOLDGLPS`d^SKOGBMTTKC@EGOTQMSQQQKQHJQRW[[VMPRYQNKOLOWRNTQFEEITXXTQPWSLAGNUVSVVNGJNKA@KLGIIMMSVX\[[TJJJKRRRLDQ_][VY[TKLWSMNRSRSRSY`hjg\LJTU[_WPQVTSQQJLQZbac_`\UONTWTPSURUVWTXVSRYVTUOEBJU\[VSOSWTPPXTUYUGPSRRSTTY\QFDEJRXWNIOPMIGQULGLPX[XXPPNLSWRLCGPTTJLVZ^XFEDHQZWPJKBKYTRX[WITZXVWXXSPQ[]ZQLMPSNMPTSWi}„{hdhh\[XTQRTRQTXXSKRX_]ZXR\^SLLQ_`YTRVZSW\`cgmv†ˆ~k^ZSJNX[TPVZUOJUXSOWURVVQQUZXQTRIGSVOVRGR]b]RTYJDT^[WYZ[WVJN^`ZNKPUTUOOSLANVVTRSX_`WNLILKKUYRRSOPVPMRVQMLPMQXYOHGNX\[WYUTQQLIHMPSVXVTSV`_[TSRVXVTTUQTUQMWZ\[Z\``YPRQQLMQRTTY]]TUNLO]]Y[aecbeg]v‘—Ž{je^\[SASVHNn„xeTPTPPWV[abggfbUOUVUQW\]^`b`_WRUREL_^RQTXWPMNKLRTQT]\VOKXdea]XQPLOW^`[YVEHTYYZUNID=JTSPTTPRSZ__de_TPPQ@KRXXY\[bcgeTQSMJO[YQT[\VPOOKU_^_bfeWVab_XTSSTWWYVSVYRKRWXKKRHJUUY\YZ^daa\_`^XROSUWWQQQOOKIQ[XZY]^[TX_^XSRUUY`b``VPU]b^XQVYZWXTW]__`a\^^_]\WZegb\WVW`_\\]Y[^\\`WYhpvskc`caacmtsffa[VXgiefggh_PNPRVY[YVQNX\gmj[RTX[_\[`fc_cfa\`cihiknpokigdgcNUPKQTMNKEPPRLF=;SZZSPNOPNMHQUSVZWOFLJF?BCQROMMOUX[YUROV^cwƒtd[WNCMLEFICGOPJ>FKILKRVVJITXSNLNSOLSSNIB>FOX[WNMOMMLKNRTWVUUPSQQUUUNGKUUTXXQJMMLQTSMFFPWYUNLSUUI>DLTYZZVPOKPZZWRQOQIPWSFLNK@7BLU\\TDENOORRIHSUTOSWRJEDF;@DTNKGNILQLHL@?MRVVTRNRVUQKKRUTRJJU]WPKKJLPPGDHHT`gfb_XPA=U`XRLINPWYSQJFUYWR\]^ZQQTWVOHDQTRHKS]`ZZbaXMS^_[LC;9CIHGOPKEEDBFLDHNRZ\VHIU]]ZTOSUUSWV[`_VNOPRQJHGMRXWUX[\UKNW][[RMORV\`]UPLC?[e`^[Z^]SM_w€}sdXVTZ_]YVSXVNJRPMUUVSXYTUPOWRURSVVV\cjotqjeaakhg`UNR`cc[STOJLSYRQU[\_\\[VY[V_\VTVUPKPQSYYVWRNVZ_X>BW\SJPURJGUY[[YVVXRKPTPW^\\WLIUOJMPV\XUNNZ\VPTVbkic[WX[[SPKKNELPDBNPPSSLK[^XWZZ\ZTROOU\]TOMOX[SPOKFGCFNMRVTMPVZVOKMQKEJLQZaa[][XVYQPQPTX`gel~Œ‡vj]HJQZ[[[VRSY]^`^UV[TTU[c{|iRSUWXWUY]]XPHPXWYX[[RLYaZIRRPKQRTMMW^[PN]]QLTQKLJORRT\^UNSRTX[_WTX\\YYYOOMQVLTWYWSMBCKOFIS_`VLLTVVSUVQLPTQKBORRXUJHCIUWX^[XTTTQT[\[Y^ghcba[RPMMDHO[b\[WTTRSRUKV\\`_[VZZTNO]hgbZ[]^^VLWRQRNOQQQOOUX]_aXMRZ\[VWVTURMW^^`[^]]`aa`bfjg[RMRVVZXXYY^ZYcia`][\\^cikec]\gmkr‰’~d\XX\dg^V[`WU[__^[YWTYVW^eid]XXUONW[V\cbglgbac`gpm]RV[``^_^]_TU`c\RECOQNQSVURRXURVXXTTPPTRMOU\\W\ZTQMLSRPOPNPSQTPQ^er€Š†t\KQPMOHRUSIJQSONMNW__XRKJMQOQOMNSSRKKGEFIMLJJHIJ@CJJFMSZb_VW\YVOMPMTYRQacZSPSQNTWUTTYYQKMSPPQJGOQIIIBHLKRX_^ZZZ[YZUTPFIOIJW^`YOLPGMD=OOLMMKSPTQHCJLNVYTPSUOLHT\ZOOPQB>CKVSSQQRJGKPNQQSQROOLKKPSMFUWQGMS]`ZOIJPIJMJLNBJ[hki`XVJFY^a[WRVWXWQMGJSSQY^]YXTTXYVOPU^`WNMWZ^]UVUPPZdf^SSNGKQMMUTQKPMHJNRUUUZ]ZOGPY[XUUUQLFJT\dbVJMIBOXYRJOQOMPWYTLKJPSSTRLSSOSRRNOODEVUSZY\[VZdktz|qaQCLY`\ZXYYWMNYXVVN@JW]]UQOW\WPR^`WT]emqmf_ZYX[_]a``_dbYVVRGLSYWYZ[[]a\VNKSY\]VWYUSQU\ZSSMOJEDR^\QANRUXUQPW]YPPZZRTRPLIKLVSXURKPUOKMRUWWPPQY]VVUOYb_WWXYZQIIPWTJGFELNQRPQNQZZTPTY[[QPONSWVSXXSZWQZZUSVNJMSWZUOSWZVSMUWSLRQNQ__[UVXUWVTTTTXaklhu‹”laWPRTX`eXNKFHWee]Y\^V^\]n}vi_WRTXTNPOXYYXNWXPRVXVWYXQMSTMGOTXVNLR[WJMQKMSNMMD@GLNS\ZWXUQTZYSSVSTW`ZMKQYYVPWYRTTJIMOSY]RIC=LS[XRR[\XWQMQRUWX^_UJOLU^\^\WUPONJMPSYZadb__\Z]\\ZTLMQQUULQORYVZYOPY_[W[_]UVY\ejheWU\cYV[_\QHSWVUVU\dcZZYUSSW^[URWXVYbgc```aVV``[Ybec^\^^`eeab[UY\`dfaa`^[VZfgkmldcaeiig€ˆ‰|pg^XZ_db`ab_[[WSXU[[XWRQT`c`YY[[YUXZ^\[^ef_Y]`adjj_]``aeigc\VZcd]XROUTOOPOQPTYQJPONUXQMQQJJQNLNWYUNPOOKNMOPWRLJNRdqtuyzl_JHQWVTLKGOW[SKQROPZY[VPNQNKGKKHMRQOOK?EMNPJGIQNOJHEIOV]ac]QPPSPQRTTRIJ[d`RTUVUXWPIKRSROSRSUWOLLTQQQWSNJNQXZWUURSWWWWPGLNPXWXZMLPQJLLQRTWWXURSWMFQOMQTXWWXWOMSYZRDQOJJNNM\SMPOQQTTUTSUNFKVYSHOUROX]URQTZ[QIIQTTSTPPPLHJN]aYTXOKSUVWVURPQPLPRTUKS`aVSTNOQPSWWTWWVRUTSQVVOMLSckjdVLK?MSQV`a]VRLFHLORTU[_\RJGJWVMPMMKMUV\_^PGPLBIVWQMFJHCJTURIF?>EJOMLKJEMSSKRURNMQSU[XUV`fpxyqgVRbgd]YXWRNJ>BRUSTMHLX[\YTTY\XJWlqhfqwurfZYWMEPVZ_cba__UPXZQIU`b`a^\XZYQLFP[]YSY\WRSRSMLRUQORX^gibUPQY\YT[b_\TX]\UWQLLKOS][SLKFIRPRPLORVTUVTUVTVOIPPSSLPRNKOUZZTRONRURMPRZ^^[VQOU^YQPRRYZVJU]ZPLSXYXTOILSZZTRONNQLMLMQQXYUKLX]XYWQK:HRWUQ[cihci‚ŽŽg[ZXUUX]\Z[\VKS`d\VXX^ab^q~yj`UPRQPSQYbcaWXYHEMLHPUPFLVXWRNPNLEACNXSIMUUSRROKJFQRSTNOX]WV^\RPME?T_^RPUTXXUTRORRRSLGS]]VNUVY[^\VMPTRRLIPV]WY_`YPSQOW`_[ZZXQNEPWXRXehg\]YSWXTQIJORLOPO\a`ZPJHHUVZZTSWSQW^]Zaf`ZY_c[TV\\TMTYVU\^^b^VX[VPU]]XQOXZWTXcbVU]^^`_WSVYY[]b^Z\bb`cc^_fdaW\]_YPOVad`aacgkfgfYaww{zmgmdYYdea\W\[\Y\Y_`ZWTUTQXQMUX]][VX`aafie\XWW]bgjd__d_aec^aXSUbe^XUWYVTNFHTWVUPSUWNUTNGOQQTRMHINOMNRTLMOQMJGSG9ENTdhr{}yn]LPSUUSMSW][TKMSNRTTXUNMNSTV[]ZSNQTUUPOGMQPGPQUVVTQJCMR\a\QNIHORSSRLLFRVVVYY\]YPEFGLNPTSSSY^\WVXWUX[ULHJOWWSRTPPRQRY^[UOSVTUWQMLW\UWUVTWTURKOXTQTUOPRSPOUTQFFOWULKFIMLLAPGNRWXUUQOGOQLTWYSPQ]^VQXXYUOW][WRLRUXYSECDNJEOXVRUTSPNKLOTTNKCDJMSTPOZ[LQXWVRGPUXVPURXULIUVWQQNO[db^WOLISWOV\\YTKGHJKHRQLLSWUTOQRXVMGHT[[YU\\UNMEJPQWSOPOPNRUNJKBAFMOF?@CBGV[Z[YODLSZ^ZYVUWVUQNMQWWWUPGGSSPVWSNNNOW\]WTVOPVRDGGJRSTSMFFIJORQLPTQOOTZ\Z^^WJHW_^ZYXajke\s…ˆ~peZLHRQSLTb`_[RSZRMMOV_cguƒ†xk]UKOZ[\W]bd]PQNGLSPG@KMNUWXZZSQXWNKMSWSRSTTQPVXSOOT[XQGOXWPRZ\RPHHEKVVNOQSWUUZ]WRPQSLGSWROQSVXZX[YVPJQVPKPXXMLPWWRSQRSXZNQXWMIM[bb__djc[[\WWRUWOJMTSQMPeb[SPOOPUZ^^UX]YY`c_[\XNOX_XNHNSSQSVW^_[WYXY[[VVUY[\VWWUQNPX]UVahlhYV\[UW^a]ULIOXVW^afhdhiidaWSWW`d]XZgppf_fccix‚€po~odY]_UNRW`ecbcdda^[WTXRPOWVULQX\ZY_b_\YX]`foqkcZV]fd^^a_NU]aXSPRVSTLDJVYWVTXZYQQUKGRXYYYYWWTRGNY[YQRWVPKZ^RNSQOcov{~sdQHKPRLBOSRMA=JKQTXTMMNINVOIPUUPILTUTRPCEMNQQLLTSPMJHEDR_[XZPEJIORNTWSRRTSTYZWQJKJ@=KZ\[TOS\_^WSWXWWWSNJQZZVQPNONPSYaaYEGUVWUNONPRPUVWRQQMQSXWMJKC>EQPHBLRQM@GJQRUFGHCDHCHHJTXXQROFERULRUUPHPVYORVZYYTRW]Y^YW[\[SRUROMOV^^RTZXLCJLTY\YPMQWRVXREOPIP\__ZOMRNOMQSVROT\^[NEHHPVUU[WTUURLPSTWVOKKKKMRTHGUXZXSPTTYTRTSPPQTZYWMJFLQOSVOMKPVUI=ALOPJOTOIC?BCCOYXZZPKR\[QC>O\ZZs†Ž‰xaY]TSZ`\RZXSPOONQQXUPKLTYVVOKJHKLeknlu„ŠƒpcZTU]`_`\adgigSDGIQMOXccZVW\XRSZab[X]fbWTXQQQNQMCHQVWVSYSEQSMLCJTXY`eheYWYJACGRXUTZYYQQRY^`]YOQQKIJOQMNJEITYYVTT[[TQWXTSRUUQJHLMJJGMLNHEJKPVKGKORTUXZZYQIJIIORMOTVTQQPNPRRUQNTVYTSVVPUTOMS]a`cfe`gke\awyld[TQKLPSVUKPZTOIFGFIUYUMLHHLM?BJORUTUUVXTRUUPLNPTXY\^ZURRRTTSNON@FVUX\YLNNY__dmnja^Y[_dpmc]`\RKJKJNI?Q^^WOJJHOSW^joqog[XSUVVXQZ\[VSSRR[[WNNNRVYYMKBNYZPTQRWQBDPSIDKFJV``YROQUTYZXWTTXV^aYRKNKFKIBEKOUUQMNOJDMNTSRRQUXUQQYYLKY\TILSY]a[SWYYSHNX\UET^XBGPMQMWZa\WPXafgcWMNNNRX]]UUPEGOXVMR_^\ZVY]_abecYUVVGAOTXXTX][]_\\ZXQMIMPV[ZRPU_e]XXZQU]_gf`RPTZY[__]SSQWfjc\]URTY\]^^ZWXWXZZWTZmwskga_bfmqqluxskga\\YZXYbdaZZWTTXUQUVZbc][\]ZSV[XY_d^`a^_bfebfca_`bkka[__YZTSTTUPMQRPQMLOOSZTPJIINMNTTWVKFMOQRVTVSXXUQQSZ[WRPRXsˆ––Œve_SFHEHMOPMHCA@GCA5KKFFNLIBK]_]XRPUYZ_a\ZXSPOU]\VSQLVOLJKNTUOTY`jmjgfa_VTSNIPSXYUPQZada`_]]XTQQQVWWTQN\a_ZZWOX^chi_SRZ__^\\[Zaccfec^VDM^`^VXZSZ_[Y]cgdcgf]bjlb\[`ieiqnbea_]_bcYPT^\QRZXZTW][SVaddbdbWJMX\a`]OSYYX]^_jpoked`ciknjdWSPXVTQLLRTWXTTRSVYUPQPOILW_a_VUNRWUQQRUWUVSSRPOWTNGDRe‡–›•}`]]WQKRYZZYTQORLGNPJEB@OV[TRRPLEEMTTNS[\VXXTRTZXTRQTU[\XLHOUPFHSNLNIHT][QLPROKIMSPSRRSPEFRTTTTRSVY]^ZROXXVMKJHKLOSTPR]_^XVP=HQXSMPUYVUSUYZUOG@JPRKHJJOQOKHNNKONFDQVQKHJNPJCLQJEQX`caWQJGLLRTNNSWVSU[YXPOOLMRMRTVUTLQSRVURKKX_[WSMJRVSLQbs{eTOKMQUSTP@KQWZXUYRHEGUXTLX\\^TOTXVQVVOV[YWQSNNKMOQQZ]YUTY\[SLOPRWSMQY[ZVTRSWWVY^dge`_kxyk^N_sywn]UNEKR[WUM?HXdg_USRXa_NRXXQPZfvrppvy„…zf\[^be_X]^WJOT^`Za`ZTXZZXSXUWVTORY`b\QMOOMUTJQUYTSSSZenfWV]WMJHPX[XTMNLLT]VTJQ][]^^\[TTQPTTSORRRO[^\WRORVWYUPGKOQVPJJRRSUPMRZ_[MCPVZQBMTY_^VVS\b]PJUTPONCCPO>AKNTUVW[\WMQTSWWNPUVRNIR]ejptneXMFMXekmldabXPUV`aMJ\cfg_TWVUTTTXelf[U[UTLOPIY\LGPSTTUW[ZSRSTUVQMLGFJPRQUSPYab^WU\]]]UNNSRRSSPRRLGNUUV[ZUWOMTYXTQWVY\RNONFNPVWXWUSVVWSNRSPZ^YVNMNTSYYTLW]`aaXLNRZYW[[Z_TW][QJIHPQTSX^ZST\adb`VU`c^_Z`]QGGGSX[V[`_____\VTQUTOMHNSTTLOUUae_\[\[QVX^b`[TQZXSV_bc\VYZXSZabVQYab]WUXY^`abd]S]_YOP]aZW]`b_[]eonhbca^bdjpuxrnib_bddfce\YZWTML\a^ZZV^jlebeea`]ehc]ZX[afidY^WV[Z\`dfcfili[^W[UNSTNPRGMUVTTUQQWZY\\WXUMPRR[_]QJQPGKTV^^UCDGGJORcx‹—šsb[SKMPPTQTX[YPFLDADFNEKKBCGLKJQPPROY\XV\^\VP]\RFMSPTYVOT\cbXIPOILNHOWQQVQOJF?BHNSWLLNQQTUPHELV_UMNRTW\[\YWZZXYUWX^YPTWSSPXWVU\`a]OU_XNLHMOGDIJEMW_]VXZXWVVUYOIQRSTWLJMPSNY[[=7>AAGRTNGCGILQNNLOKIOQCGONNQUVZXQNNSUOP[`ee_TNLGJTYXVWTRTY[]\[]^QNZ\X\\`[YWTWZ[SMLRX^beYILSPLJ]qƒs^QMLFCENKJZ]\][UZ]TTUOMPRV`bc^XSOOLOPOVZW_cZVMLNUXVUYTPNPPGJMQVX\\XQRUNMRSUSUPMT\]_deow}scWZmz|sdYY\^YOU\b[ZX^c[QQIHYRUSTQNQXbkjaaelyyhZJM]^`hkfYWVW[V\bh[UY[XZ^]YYRSRSYYUVRJHHKJMQOIRRNQNWafaMOUWRQSY^aVPQSVYUX]WPKTY^`VOOMGGKOSRMNOKFIUYTNTWVVXWXZTLJLMKNQKIOPQUY`_TUTXZSBLUX`[PQHN\bYRPIGMRLKNMKIMQWWNMRTROTVRTUMSVXXTRPT]et{yob]TP]elqth]ZWNQWYRNW]_cd^JLRRUYZX\ggbYOPNJOVZ][UQQMLQUYTQIJORUUUYSMIMOWUTTIR^`YOKZ_^ZRNE?AGQSNDMMLNJFMVWROMMW]]WWVSU[VNRKDOV[]YTQQPPQLORONZ_[WUQPAFW^ZXX]bZQPJLWXXUXWV\adf]TNIPUYW\a^[QJBJSXZXT[_cdbTQINPPZTIVaea]^cb___[ZXRTX]^XREPYW\a[XZ\XX[_bc\TPQVYWZaa]UJT_aY]a]SSXZWTRTOQU^^[UQTWXJEIOZXV__[Y]^b`]aifceggm|€zmkld\dfgdedbc^\]]deb^WXaihb`^b_WZbda^XW^dgfdfe`^]\bba^`jqqjdXYZUNVZWSRSRXXTKLRWZ]WOJQSNKJOIOXTOUWSKNTTLMHFE@JHFGVe{ˆˆymhZNKJNMJFKPQQPKBEGDHCKOOLKSRRRVQSTZ[XQLRWX_dcXMQY[WWOIM]ecZWUTLKKP]_YRTRE<8>MONRRG?FLRQOLJGAOTNQSVOJJQWUV[_]YURYTKJMQSRS[^ZY[_a\QQSOKKJGEW[XNU]^ZVV\baPGDNRKEQVWZSOV[\:@FCNYYTJDGIHONMPOMT[VIORMOQZ[VTWZZZ[[SVafhdZTTJIP[\VUZ^ab_[ZY\]TMU\_^b^][ZY]`[TRUUX_dd]P?EMNNUfuvkR@DACMPRFKTXQWYU[c_[XVZ_^Z[```^VUYTSNMVWL]gcUW\][XVTXQLKKPQWZWTRW\^WTQQX^^TUW[VV\^]Z[h|„}j[\dptpc]aa_WNXagh_WXZUVVTQNS[XJKDLVW\_^^`]diknmb_`\^ekf^]\XULLY^]]a[VV[VY^[Y^^WW^ff^RPPMRYWNPOMUONQURFNUTWRT^]\QQTRQRRLOZ[QPV^]YXTQJNPVRTSSQNJBLTSUZ^XNKJMUQEELLJLPMGNQTVZXZV[XPUQIIORWXOWXNJSRKNIFSZYQRRPNFFKNLSQIPSUWX[\VT_^Z[RKMPRjz|ue]XMJXfmqj]RKFIOOQ]baWR[ZMPNKWbhc_`e_WRPVVTR[^YXSTTSXZZ[[XPLNOUUURMNRTMQRUVLJRLJOQVVTMHILBRV^fgbZZWVVTHHLW]_^`_[SQV^_\YUVWJHDJRSPUTPQGHOWQLND;@SSWZUQGHSTU\]VVRPTNJKNQPOIJNQXXV[XSPNKJJKRQGELMOLIR[VPPVacbXX]RHCGNOKPWY[ZUONRYXROEMVZXOIGLKGJQSSQZa\RUZYOMXZSIT\^__ZUOU\bf\YWSHFLMNP\bb_W]YQIPVXSRWZYWTWSNQWUV\a^[XQQUTQQLELS[fc^Z[THJY_]RFJJMUVVY``ZRRUYST[_dc]XVUSRIJV[RN\VUY[_b]YSSSKLRXa`]WONPSUTUQOWZTUTU]^[[_^__iwƒ|l_\_emmfWY[ZWUVZ_a`[\^WUQRQKRWSEMKT\]bmne_WHPgzvi^RO\^\[ZRTVRHIW\adUWVMFQ]ZVZ`ZTZdibRONJPX\UIJJRLHHRYURPQMJGRSQPTVSFHOOTSYWYNTYYZYRNT__^YTQPUTNJPMMUVTQLM@GMGCMQRJDJGHMTVSNHFQUNJQPKFGFNPLLTRHKNRPGHPZYI>HINRF:CNQLJRXTQW`c]UY`_`^QNSQb|zo^UNGN`fdaZWSRTPIKQTQLDO[_[QOeu}yk\VRVVKGRXRQUSOQRVSQRV^b`ZZWTNNWYURY_ZWYVWRPSSUYUTIMPUXXQJONMRUTRNMLQUYXUUTRRSUORRXRLGOTQONRXUPINQUTTWYVPIPOPOQPISTUU^Xeg^RQW[]a\WW[\_`jhb\WWYV\`_YURMM^fa]XU]^^XXZ[UTVSPV]^[VTRYbb[QX\]YRPQ\^XTLLUZVHITTPUXUZYXU\^]ZKEQ[`^YZUWTW^^ZZ]XX[[ZWTWXUcid^NKV[]^\WRUV[^]\caZ\dfjnnmdbgy„yjeY\\X_`]\Y[UUYZ[_ffc_aa]\[W`a\SPX[[[]_ckj_[_]\ZZb]YXW[gtrj^VIKV][SRTZWSRMEIQRSTQKLRWOHRTQOMLMOMNPNKDBKPQSQSTQNLTVVW\dg`^\SQJDGNOMQ[]WHJIMRQTSNIJOPLPSTME@NQSQNMQTT_`aZUJDKOLDQSVUX\^ZURV]VLKWXZSNHFKINNMUVIJSVTWTMGKTYTTMJKU]YWedPJEGONMPTJGFLQLS]^WWQNOYWXTV\__PGPVROTWYTWWY]\OLWZWRPSLGKRUQSQOMUVXVEDCMVWUSLKNRTPOOW_]WSXZTKQSMJNRW_`WNMNXaa[UVYUONQRLMX[YWVRBKRZXTQQRRMMQN:IXZTX[^\TLPVWUXTBGNNJPYY]ZSTZWXUMLOLNSRP_fcVHKNLBET[_[UOEIPQOQUTZ[[]]YX`c\USQKFOZ``XHBGQRQUWTOXSGELU[`X]]]Z\gz‰Šƒl^Z_gqlg]QV[[VVVXWX\^YOLSZX^cbZW[\^ZempfaUTPm€ƒ~r_YSS]bc_ODNSLGS\^\MTZPKVa_TTVXUST[^]XZPMSYTWSPQOJS_c_STXWRNOJHJNHECJNSVVSUTLPMQVRNLLYYVPQTSOONMPQRSSROOQU\][RTSQMHGDDJMSPNRROIMNMRQKNOLNGCLNMQTYXPMOV[YIQYUOEJOWQOPTUQKLR[\[YTX]^XTTYcp{ymZSKOT[ZY]`YUWPFLOUZWTU^]TTY`t{{q]NVSOJGEKKITQRRV]\YVXZ\][Z`bSO[a^[[`]\WPSNSWYZ]a[RNYad[SSLBBMMGFILRMMQSSOSWVWVRQUTVNMRTXSMRVPJPVXVTTZXTHHQYWRUYPMPUZZ]^aWOPRW^cb\U[]Zdjida_baYY[]ZRJES^cf_XOUXSP[`\][[IJ]hqi]U[Y]]WUWVRPTUXY[YVSWVRRPPTYX[\YWSW[YQRZRPUZ[XOSWVSX]STY][X^aa^^[VLQYWURQW[Y[TPTWYZ_]Z`eegifehfgjhgpwxwree]^_^ZSRPRTSTQWahh`XW]bca][YOLQY^`WQQ[_c`ab`\_faXWVVT\cjhfUDEPXWQQUXWY\^ZWRTVYRRNRVEAPXOGMMMGJNMMKJ>C?GLQU[VUVSUYYSJPWULRUTKJPXZ]TL;DWXXTVUONSRUTOM\d_WPY][PNXZX\ZSVZWEHV[XPSZYORUPKGEHRST_jcZMMVRKIRVWUVSG?NQRPLQ[a_[OJV\^XTRRRW^^^ZVSSRVSQPVPHOSLHAMZ\]ff^WZct‡‹…ugegryxi]SNWSRPXXWQU\WRQZ]bovtfUW`[MW_dllaYTQp~‚xdWVSS\b^\VNMTVZ[XOJV\QPW[VUWWTPLNP[a]VQMQUURNJNSJOXZXTW^WNHKNVQUVQSVQMHDQXUNLMSROIPPG;LMSRKKNPNRYWUXRTYZ\[VNFCCHGLRVXOGIOTUTNQRHEFCMRRPPQUURUVWVUPQ\b[TU\YRQ\^]YNGPUTTTQQUY\WSYXUQGPY]kwxqg[_\VQX\fla\^VRUVTWYUVUOPSYLThllgZTMNPTRPOMPNGNLTWUSRX`fd`^aUJV\^]^^]]WW[WSOMV\]\STW\]ZUVLCHGIEINSUTPPVSVVXWVWVVW[YVRU\`[[^VHNSVSSRKPV[]URXYQSURMT^c[W\\XWVZ`ghhh_Y^^ac\_^]_[VPU_a^VRclb[ZRRZWTMT^__bdcS_kqn`TU[]\WW\XXY\^[Z_^\VNOTZ]ZUVVX_]YX]baWPSNKQSNJHWYQRXXW\]^\Z]^dcd`VRSVVVYWY\VRSVX_`ab``]]\db_`e``fjlpty~xoec`]XTNOGIO[^[\_[[ZSY\^_[^^UNKRXbc[YVTTWaikgegf_]`^\``[Xceg\TWVMOTYWVRW[YQIHPTY[UUWUQUYXQTRQPRRQKMKLUQFLVSIKNWWUUQVouoijni]NOQJFT_c_TNQ[ZSOQPLSZZVSPONRNMOMOSUVXWXNHNST\``ZWQKTYTMMU]ZWXWPDMSWWRLLFGVRTVSTURRXZQRPCIMRNMRUSRO\hj]UQMMQICMVYRMQ[`^QGPV\_WMJIMKDFFRRTRLFAEKVQC<;CEGGAGJRXUV]baVUMOWTKT\LGIFBAKLJAFD@EQVOSWZVQVTXODABDGHKLTWZ^VLKPRUUQSSSSYXVWUPPOMLUZ\TUSJKVVUUNR[^\TMTZUOPWXUZ[]ce`SFOODAISPKRRNMKJSY_VV[YRPLTQW[\[QKJMNPUVPSSLW\_ZRSUUSKNNN\dd^VQU[\_^`XSVUOSYVRPTZ_^aXTYZV\sumdgirqm^UWWTRSWYVTSSRQVRXeszvj__]XWZ]fqtoeXLaw€w]TUWOM^a^^VIKWVZXSVTZVKV[XPPRXXSSRT[YW]aa^`XJ@NOUWYVRQSZ[RNNSZUX[RPWYQRLQVSXSNRSJFORMJMLQUQSWUPQV^a[YZYQRUWWPLMII@GRYTGDLHLSMIPKGHCNTVNU[[WTZ[UTTQMV^XOX\UPV[[XVTRTYVSVXYRUZ[][__XOS[`cs{}tool_RWbmrldc]\_[WVXXQPRQRY]UQ_hjeWOTUQTVULNOLQQGLPOKM[gi_YYXPIO\\Y\`c\X]_XKKPJOQW\XSTSNRNHHNRPPQNKMKPY]\]YQLQVX]ZWOJMY^XZb^PPRPORJJPV_eb\ab`ZUVT]c^UKPTWZUQWdeccdd]YQOITRTTRTOV^b^ZZbmj]WV_a\RJEKPS]dhgYbjldRV^_^YUPOSac`\]bdWNM[[SOQQRV]`_WZ`bcXQSTOKKLNRXTSV\[W^\]efhe]^^\[ZWY[XTX]\WRX^[__^`db[UVWTPY_\W_djlo}…‚wm]\^`]WQHMPQX\\ZV[`a^YYWabadfdZ\da]dffebfhjb\[_^aa`dnmg]cjok[WXNPWZ\SGENRPNLDJ\`_[^b`XV^XSQRYZVPMGGI\]SNRXOLNMKMRR\htmbipl`XV^ZVZYWUNLSYVFGMQRRRWY\`]ZUVXXYTTXWPLLG?ILNTY__[TIHURNOY__[]\ULT_d_TORIJUSSMIOQPQSNOVRHSVTTRSTTRML[baYSPSTNLX\[TJNSUUOKSWY_]XSNONJGLPUTOHMOOHQYSFARVQJIOVXZWS\bYTNKIPLBKRWN@EEKSWWRIC?FNIJTXZWSYYZZVISWUPLFSWTTRNMILQKNRTVPKROOWUSWXXTQRWJJPUTQPUXNFO\[OLNKCGORNJJSVSSXV\ef\PSVVMT\]a]YWTZ`aXKHOSamtogc^XVT[WTWYWbkjfXPHINTVYZTXgstprm_SRS_bZSIOS]gbXPTU]a^UY_da^YQNMMI@?EHLLSX`\SQZZPLQ[`]XUUYYYVONPWTSNMTVSLU[^VRPUQJLOV^\QJKILUYbb[\ed`YKKWXUWTX\[XRTOVYV`gc[YSPWZQOMPZ``\[YaaYS[_[SZa]`cc\[UYhmlff\XZ[RSZWSMTUa`_[WZ\`^WLKQTRPTTRTTMNNLRZYY[WVOTYNM]ab^UWWS\^\VW[Z\emiaVZ\X\\____b][ac\Xac`^[\`b^XX`lspe^`a_ehb^hjkouvqc^Z\_`eea_a\\a`ZY\^XOYbcZ_ac^]\`^X[b`\VYW_d__gif`YV\dfbhonfVIT]QPIGLPLJIIQONJLQ]_RORRQJMTTTUPRUVXMHNNLMLRSNNVU[]\^mw{tk^XWTTU^bkieYLKMQPOIIPUYVTOLMPSTRONIPLAIRSOUXWTURX`c\UVWRUWYYZ]XSOLFOUXYNHQQLRQLNTXVRLRRUYXVSJILIHGOUUVUUOHGMID?EJQUYYSTZWNMOHLPLQUWQONILWYSPSUOHGRUJCIKMOKGJTYPQWX^gnng\`a_UOQZ]WX[\_gmkihgfZe{}qZ\^a]]PJMT\XPOX\XT[]^^XNUVVcikjond^`ntsog\IGTWRUVWTQQSOJP_b_WZba]WXWSTQFJOXWXZVUTTVVSVZQKSWV^ZYT[[ZWTSURLOUWNPUUW^UOTNTRPJJFGJQPOQQUVSODMRNQSPIJQSPPUUOMZ\UQRMOMSYTPQTPHHGQSRRVOIQSY[TMLC?GLLONKPMOPMO^d_XXXSPW]ZWOMTVUXSQQTZYanpplg\\[WZ^T^][`egi`VVLNMSTURP`iotseVQMOTXUUTWXWXUOJGIMW[WZ[YUNKE?@HMRUSMKNT\_`TINVQRW[^VRW`^\UTPNRXYQPNJOWTWZYTQKPRUSUTWRTUYYWTX`d_][\XQISW[Z\YTYWSKOTYYZchgc^UPY[UPKIT[aa\`__NKKTQKV\[]ddebYP[][VYW[UVVWWVSUUhie^^ceaYSMNWY]`\QQVQKILLRSY]a`TRY[ZWWV^]VTTX_fec\WX^cmofXY[ZYWOW\``S]ee_TZ]]^abaSS\]cjpnhd][_cheghgbemtof]Y^cefknida^XY[[^ba^\]ZZ]daXRY\^V[]_Y]XYaa\ad_[\WMQagdcjlieUQX\QNNRTJHDGOLPUPQV[VROOOHLNVVSRVRPPNGLKHJDPUVT]`efda`kqoe\WWTSXkspl`WLKEBNSNNQS[\SQQXZYVNHNTVULGNMFFMPLKGHVYTVWSSUWUVW[ZQRSPR]]]VOSQKPSOPRTXUNOSNPRSSJIEB7?IKOOSZUNROMLJOQNOVXQSQOMQVUTNNQSVZYTOLUXXVZNNWRKLKGFQWXWQMQMQTJN\][\ZZVVRUXVRTUKJPTRLD;EHFJMUUUQMNOQTSVUQNLF?IONRfnnok[PEFNUVVUOIKUVT[_[ZVWXZY[[_ZRTVWUQJZ]WNN]^TQXWMJMNPRVVRNLLMJKMKTRWUPJOONKLOSUNELT\ZMB98AC?GNSU\ZUPW^b\UTSUVORQOROIJLQNOQOR\enlc[ZYQLQ\]]]TSXcjpqqjijebo€†t]c__WRLTSUVPUXX\]\]Z_\OPV\gkmuvqmigbfhb^ab[YZVW[^VWXSWXU[]QJT\aYUZTGPRPLKPTUYZTMDGRQTZ]YURW]VJQXWTSRUPMPU]ZUSVRRYWMTSOSROI?<8GUVUPPUVVPQMORMNKPMLJQOMUZ_ZRKJLHGRUUVZYUSQORQTPHKMOXWRKLKHGNUURPMPMLLV^c^XVVXZ\[RPFPXVRRWSRV[^`ksupi[Q\^]YU^a^Y^^iheb`WHHTTLFP[chjmoh_[YYVXYZRTOJLQOPX`de`TLMFCEGMNMUYROMPTRUYVOSRVWZ]XSNRZ[VRSUMLMQMLLDFT]][[TSGDJQOTWUVae^VSVX[bgebWTQRUPUXcSFIPWZ\^a^[\YSVXVWZWSUTTPP]ZRZ`YSGHWWMIRTSQP[c]XPUVY^]WT]`RNXPKW]d`^bdb_a]QJT]aab[UPQLQXTORX_b_TPUX\\UN[]\[XW\_`]YOU`jnmcZUS[^]ZPUZRORY^\QPRX\abXQ]dfbbeda[Y^acdfhccikrtm`^\_aafosi__ZW[\XZ``^`bceddaWQPU^Y]_`cih[QSXXRS[[SNYdhfeiljkb`_XXJHGJHEHHKMTZXUQKHIHDGGLSWZUMQTRYWUTU[YTRSTMO]aeddipttmigaVLWkwudVQNIOPVUSQQU\\YPVXRQTMEKQSSPJJJHNUWRRQLORNQONPNKHLSQLJTSMRUYXWV\\QOPU^UUTTOWVRQOPSPIC?BFIMRRSRDBGFKOIFJHLUXRHLHBFJTURHOLMTRGHLPQQWY\QVPPSMLR\a^XQPY\QSU[\\\bc`\PHSWVNTTOP\]\IIFLRWWZYYTONMNSTXYVSPG8BO\aa^ckql^G>LPSSQSQQOQQQPUZZSTY[QOQSPQPXXUJKV]\PJHRSVVQIRPKR\c`WRSSQLPSVSX\[OEHKOTSTUQJHJGSSMLGFJHCHLSZb_XPR`c_XPKPNOTSRTYYWOGPLKGJPZ]ZNTPPOMKVY[b]XVZfou{sb``Zlš“‚lb`ZTVXXUTVPVWTTQV[]VSRKISS[alsojgaZ]b`Yac__`_^]_]X\]ac_VTSOXcb`ZWTRX[[Y[YQOU[][XUXZSVXXOOY[WRMRUMQZ`_VPSVWX_]RQTUOKLJRRZWUPEFV\[PNTS\^SKKOORSWYZPLPRRSSNMRROJNXXOPQYZ]]ZSMLCGOHKSTLMHIJAIRUSVQIAHNR\[UCHNRRRLJOPJOTY[YSOMMNVbv|{n]UUVURU\[XXRV`fljc]PHNRPJNYbbmy}xpea_\[^_]VLFPTSX_a]^ZNGHC>BNVZQOK@DLRQKIRSQQSYbb^UPNOUZSKIPNEKNSQOKFQYZX^`YMAFPTWUQT\_YPS\\]]ef_^]WVVZZ`b`URU\]][YVSTTNSYWY[QPOTZ\\`bYVXXYTQ[b[ZTEMQRVYYVTZXR\cXT^_QU_WJO[^QSX]Z_bcXOSVVVZ\POIKMTTRY]ed[UWWWXSPW_dhhecb[MLNRU]ec`TUY[_c`YKQWX_\[YZXWY][^b\VV`[]\__`ZVY^`aa\SUdgijaZ^bYXY\hkhfc_T]_WVY\ceee`Z_`_^TRX\`aacfdbbb__SPW[ZZbhda_cejlffg\PLKIENQQRTPRSOQPKEGOMNMTS[^XIMNPPSSUVZ\WTUUMGOVSW^ekggife_UOO]ii\QQRJR_a\YSNOZ\]\YP@IQNGLNMSWSLJIPWXSWWY[XTQIKTSLGMTXQOWYTTXMRTQV]]ZX^gbUSV_]\WOJLNKGFGKEGMRWQPJJD?EOOOIDKTVUTW[XOIRWE?MQLMOI@LURQSZVYXPLMQUUX[[URRWSGHVXVKLQ[_^TNKPRJ?GQV_da^GNRYVUZTWXZWPTZWRPPMPLEGOQTXTS]a^YNFJSSQVYXRKHLLOOWYVV\[XQPLGTYYZVE:BNWSIKQUSMHKQNHOWa`^YXTLNW[[VOTXVQPIKS`c[SOSUOGMSTOIQQQVXPSX`b_XW]VPLHINIMOJMSYYPCHHEGFMU[\YUIJSOE;@MXYTTZbluvqghkmsŠ›—…p\ca_\\VPKRRW]\YWXYREQXSLNKISbg`^[ZWZfeaYVS[cb]VUQVXZcfdVRUOV^ihdZPNPS_[YXVJMRV[\]^]ZRUNLJPZ`[T\[TKQ\b[UROP`khbVUVTNQSUQUYVNEHQUVSVZRRYTOLTWVZ\\VPIIRWSKJGMMSOX]_XMIGJPXZOMPOXWLILU[^ZFLNMT\]_XH?JMQUYRNNSQRTSIOPONUaebXTQVVOYvˆ‰bPOPW]ZXW[ZTU\_gf_]XJGUWRU^d]_pvyvn`]]\^_a]WWWY[W[^_ZSTKEBMQQW^[VOPQPJONGLQRVXY[_WPTWQTXYYTWWMITXWKJTWYYUW^YMBJPRH=JXYPKKHLMHKORQX_^KROTTSLQYXWRT\]PGEHNQQKOIKKKELSSPOSTUPQPVVRNJLHGMWZZ^`_[[YVW]a^^[VPKLUPDEIPPQQMQSQQOWWTTPLCMTSOOKMRVXUSW[bd_VYUROILTURRUY\YYVQU[ce_XXWPILTVOFKPWTROPMLJCCMPZ`b[QHIHKIGNSVRNNMTckpuxx~yp}ˆŽjV^__[YWRVWTVXWPRZ]XRWZPLSW`inbXROQOWce_YSLP]]][Q[aWUZ]ZLPZTQXfjcXNN[_b^\ZXXVTRV]__\SNRVWWY`hd\]ZXUJLUVSUKH[dg_SOJFKNQVVSSPHHOWZVXWVTVTTMOTRPUWUTTMBMUSIKMLOTW\^YWTPONMMNGPVY^\QH?K_c]PFQSVWXTQKIG=EVWXVYVTTRPBJTSP[`ff]XUYXPKa†|oh`\ZZ[VTZ^YXVUVZXV[YNWYQT^d`]Ygtwj\QUT][VVUUYVPKOahc_YSSLLPTTWRLQNWYPOSPINPOOJNQSTROSXZ^]Z\\VPJOOLJORROHPXZPGABGNV\ZMJW]_]WV[[ZZ\^^[^ZRKUXSOSZ_^TNPWVTW[ZY^ZTUQVZca`ZRLW\XKPROV^hkh_YVWVWZ^_]VTHHYa_[_b_]aYXUZea`_]a_^aa_[[WZaeVHP]_YPXZ^`ZUV\\VW]dgcZT\]YTSRSZ`aYX_`_\_\USQRYae__]ZZ]\Z]^Z]`_]^[X[bb_PR_dfjdd^X_f`\bd`_]_bd^cikje_\__YZZV[ZSPW[^d_X[dehfc_[`gie]\Z]a]Y\_\[V[`dlpjhaYX_XNQ\[KJPRMNTZVOMNR[WOT\[[YWSN@EPMJNQQRTSQLKOMKRSV[_]Z\^]Z[][YY\XW]]XTZVJLTUOLOROV[TOKCKTSOMONNQSOSSVYYTGCIICJORQOTSUONPPNLMQTQORTMACHNTXZXVYSJMQTSOPTZVRWbfi^PEAFIJLDFPQRVTLIQRQNFILSZQPHACVWPFJOPNQPJUWNJD=A?DNMOJKMTSOGNQOMSLIHHOSQMJ:EUQVVNN?LX_ZPOW]][SJJRULEGKLNJJMSTX`b_VUVVXXWRKHJJIJNTTVX[\]_^cga[YYYUTQKA>BGNOMMUYSONQOKJPRG?HHBMLIJUYWURS]_`YTTPFOVXTWWWWXXURWQTVVVZY^[TKKNMGMV^[RRSNGD@HSSaml_RQMJQSSSYUPNNOPV^fm|zvresƒˆ‡vc\WUXQSX__ZW[_XTUXVSSSMHQWdopf^`ZVLKY_aXUJJRRYZTW\TLNSZZXUJIXelh]TSS^ac_^VRX\YUV_a\QQTTVZ\bcb]TKPQHFPSQRNFVa_WHHJKGFNYXONILTQPPUY\^]XZY\TUVPLOVSPOMFQWTSPMMNPX`[RUNNRSOLLOQRSWRJ@BOZ\UHOUTVYSICMONKPX\ZYUVXUPPPSXSNQVYWWTSQRPJSjx~|sfYWYULPXZYUKFHJRUWUUZXUY_b_P^lk^Y\\\^WNW]^]\RQ\fgeb^RRSSMTVVPIQVTPJIONOMGNPTRQLOKGQZ`a`STWVTONMW\SNQUJJQUOH@GFHQZ_XMHQY[RW\_VU\c`XVPLTZ^ROQY]\YPQTLLSSVZ\YZWSRVWVWVSHJQUSSURSV_gbSLHDCV_\UTRVSM[ec__[W]`ZW[O``aaXX`a]RTS^hhdXGM]`USW\baUUXa]VYYZdb[TSZ[XQLRX^\Z`aa\Z`_[YVVW\]\\VV_a[X^_][_ed_`dcgh`^]chjkecgfie`^__bdfikecntoli`^c[V^[Z[WST[eli_Y]chgjjd[\ekh]^\^`ZTX[_a\WW^hoki_[Y\S?HSQNCKJCBMQRQSNPQRJQXVTTVO>>HNMQUVTUMNRLDNMJQVVW`gf`\UT]`aXRTX_gf]WTQEBGLKRSOPNNOQUKJNTSOPSQLJLOTUX]_WKC?@JORNPURQRRSKINMJOQONSWPGJJLRTPTZZSJJIH>@RYTPPQUVVVWOC?JTQQSNIOUQDNXWVOMOV[[XXUMOPDHPNH?@FMTL;CKJKLGHFDJNPPPOFEE@MTSOOKHMMPTPKW[TS[VPECSUOGOMQWZZVRYZOJEBIOLKQSQV[a\WVTSPSZ]XXWQMHQTNIPPPV\`]ZVNNW^WXRCDOLHKPPU]aZYVTNPPQSNGII@DIPTXZWWPPY]RQUUTTY`^ZVWXXX]XUWYRRV[a`a_SNMNVYY[^XMMRLLVXVMRaebUUYYSMWXTSUTOQRWOMTaw€~ndp…‘‰xiWONTZ]]Z[Z__XOLNROLEEJOT\lw{yi\TONXbb[SRTUUX[]\Z[VST\``XK>HYfd]TSOS^dd[PKRY]YROVXWYYXRSRV]]UMMPOQOLSWTVOMX\VSV]ZTSW\WRHEEPYQZ`^YZQTUYYWVNOPTVTSIJPSRQOIPTUVSRRSWVVTRRSNPKLSRF>BIPTOLQSRU[[TOTXRPMGTSOPNPOOPX[WOGPPMMKOOOUTWWZq‚‡„ygafhaTRZ`][[UQIDINTXZRMQQTQDR`^QX^`XZUOPUWSSOZb`][\YNCGYXU]\VNPUQKQYQMLLEMY\[URVXSOV^\ZVLHOV[UOU][TRVTQSOOIIPSSTJRZTRMOSPPZYVY^]VNROOV\ZTRSSNSWUOTKDFMTWWUTTTRQKLOVUTTWXSIGUXT[_\OKPSU^^UHHKRUUNRTXZYPT[MNY_\TRWRSRSFUWW\a`QMILLQRY[[[XSQ\^WFQRZbd^Z[_a[RLRYWW_cbd\ZXTS_bb^]X[[TTY\X\]_]__][\`fa_bb`cdddd[^bggd_]XV[]^dkorxzqge_][Y^d`WWV`_^bgaSZ_eihglgZX^^a]Z]_[TW_`]_YSWZcjkge[VUVHNPNHKQNHJLMRTQQMNIFPRMJ[`]XSXWSQZ_]XWVSOIJOHIPX]bgd^YWX^_`WQQS\bb]QTUKQTLLTUMLIFDFLLOX_cWVXXQHESVURYb^UPLLFOMNLQPPMNMJRSRSX^YVXWVWXSMHKILPPUTSN?:FQYSPTURLLQXULCOTPOKHCFICO]^ROJ?:AGFLRRTRORTWW^]XOKOSTSSROPUVOKOXOLX[UPMMSVRLNOFH_g`WYYVLHVY[ZVOPQVUNKQRKHTYVRQMETYVUPHNQPSRQVV[^]^^UQTTQRSNJG@HLTVUWZ_YW[YUZ^[SXZZZ_]TUUYaaZTTMJPV[Y\YKFJORUWTH=DRUOU]a[PV\XUQMSRNKRTNSYZTLUWVRQ\x„ƒqdhy”Ž‚lYUSSXYRMSZ[YQHJRYWSIFNSTPgu{o][YZckg\USSKIR^_]TUXUSZ^]WQTU[^^SPY[ZYYVJINVXY]ZVUYZZZSOSORZ`^]ZTOYPPXYWVPGJUWUY_Z[\_ZQPTPB=EYY\VTNIIMKT[ZVWZULIPRPOKMNSSWVVWRMOTY[WPMLNJLJHSQABPSWVSPNKNSRSQMOLMLNJMNIHMPUPNRVVMLRSOOTUVXWTYXVeu~}sablpiZPW^\VRSOHDIJMTYPJKKQSOJSTUZac`WQRVRUQPU_c`XKONJMRWXUW\TORYZUUWPOVVQQV]ZUTY\XUNQXY^`QPRWUEEQYYXWTSVSKKTXZ\[VKMYYXNNMSTVSV``XVVRORTNFNSSIV]_`^UQMNORUTWZ^^[PJT_ade_\WQSU_]UVTMTORSZ[WTUVSYWRQTY``XTVMK]jg`LVXWYNCW][Y\URUTRIO[_[WTRRNQWNP^hgf_XU]ee_WRUVOXeec`\Z\Y^cabadbcc`ace_][Z^ad\PV_`WTU]]_ba`_XUY^bcefa``]Z]dmrzxn\VV[^]b`_\TW^YP\\OOZehhhkljfaXVYYX^c^]aee^WOX[_inopj^SUUSTUSOHMMLMIKMTTRNMOKTTORZ[][[^_XPU\^YSUYQIKMLCFJPRQXXXZadc]ZRGCJTVRPWXSKMFBJTQKFJSVRICRY^]]^TQONQTRT[ZXVUVJCGJIBOYWNLPSQLDKSYUILMLMOVUSPFIPSSRROIEFO\]QNVWVKGT\YUPROVbnpfVQMNUWQLKNQKNU^^Y[XKNOHHIKJHMMIMSXVKIBDEE@S\ZRMMCJMI?=JQXVTPRXXYZSJHEPTMGMHDQ^[SSVPNXYZXPNQMA>AGMR`if\[U[XH=NVTNKQRLQRRTURPNUTLJHFJOQVTMTPPX\YYTQLQZ[TNXYTSVNKIMSTQQRTZ]^][X`d_XZ\XXTWVMPTX]^`_ZPJOQWZZWQMKLNPRMLFHTURQZ_\QLPPTRORICIPPMMY^_WX_\XVax…„uaVb~ŽŠ|f\WXTRTPMQUUTPPOPRQNRQMLQOL]cd_ZVUXckha^``VNNVVQLMURO\aXQU[UUZ\YYXWWXTOMGQWWX\[VXWQXXPKPOHOT\][SZWOELJ?DE?ASXRIKNMVVSMQY[XQSOMEKOQSLIHN\]WZ[YNKQRPJCGKINJTYVMPNNMWYRKKNKPQKQMGWYW]]TPK@EKNKPJABKSVRSUOGCEMUTTSVLKQYZZZWVVXVMKNXforgZWcmdWLV]ZXRHHMUWTLKMQTUMEPSTSTV\[b_ZPNZbjka^ceaTHJLPVZVNQQOPLMQY[XTNNZ[WNV]b]\]ZW[XRVWY]_TUUVTGHMTW\ZRMKELMSVZYTT]``_YSUXXQQX]c^WV_ba_WRIUSSU^ba`YXVQSSTXWXYYVNT[ccc`XWTRUWUPHJIKUXRT\_[SMNRRMPPOMV_]Z][X[acX\eRWZ]YZ_]WSPSV\^[OT\`]ZRSUSMKDNZcfa\YOPUTLOU[YT^daYVSV]df^YR[__^a]`ff^WVZ\_a\NLTXV]efeegded^YZa_\dfdd]bbbfiinml^[Y\bab^aheW\VQ[^`\X[_cdfeaac\X[Z]`addhed`UU\aempqurfaea]X_]VLFFOTSMIIMRRIMPPNFMVWWSTY\SLKVVTPTXXOHEEHDHQWRQTX^_cebWLKGLTTROR[ZTKMV[]YMEMVZWUNGKTZ`]TMPKFMPPVOLMOMKPLONIPZYKKNONFBHFKLOW[YSTRNYZXKNSVPCLLFHJMILSLLGDHXYPIMJLYXUM?=FKTROSQONW]\^WNQYXZWXUTROQRQQ`vƒ‚qYONOPF9EKQSKUZ[]aa]PJQTM>;FNQPQQVUPKNWVKLOSWURQSUVXSSXXTRSVSLIKX\YTV\_\UMPVSJNGHMSY[Y_dfaTJOQMT[aZRPORQNHQX[[VWZZTIAQYURXVVSPPTUSUZa[ZXXTUTQ[fsun][ckh^]_[PEKNQKMSYZUU\]XZZ[XMBHRQJHNW\fjhgjhailfVMJHOSOT[WR]`Z\^XIHJQ[`a\YX]aZPW[XWPNLU[YW[UKQY^\[[RXY[XTQQQTTWZbqpcWDKSMNYVQCS_[WW]ZHDJNRXPNRQPSYUPJLISWI@BGRQPRRRQNJNWUV_^[[[THPRX_`[TUROJIMQNLEDFKSUTX\[YVWYWQORVWQFLOPSPIRRMMJJSY_]bg_SV]__\[UT[ZPLUXNSZ\[YZQMNUPLNKKNG_pspkb^^]VPSSLTWZZXUSTQUSOLOPMCBLQVVTUJAGRLBFFLQNJKJILONLGPRSRVSRRPMQTTUXTQUY[XVQLQfsvndTLMNMMILKMLMOVXTTMINQSOKKTWSOOSUSE>KSVMRUWZWOQRQUTMO\`_ZQLPVTRTYTONV[YTTX]ZUI?DJJPVVPOQTSSRSNKTVTGNTTSQJJT^\WPOMH=@MUW\]]YSHIHIGOPUVUSPXZXRUesxqfb`eggidOIQUPONNVVUPT__WW\[OE@FJA:HPTS_lsyxoceg\STOKTYZY[Z[`b]Z][OJNNSXUSTTU`aSLLLKWVPRVTOMVTUZZ[WVUUURKLRPVSSVXWkgXTUUZUIQTSURRRQSRY[HXUSXSHOR[_\UPNLHMSQKIIJNQQW]UPJPTJGUSRV[XWZ[^]_YULJQTG@KOLCHPOTVRRRJMV[WOQOMJFCGEKOKKQLIHTU^_[TMIIJILQVRSOQU\\XRKQUW]kqpaSOPZ]UQUULENVWRGFIPTUSNQT[WORVTTOPT[XUWVSLNMPPKSOHIORRUUQSTSPIEORWXZ[[YUUTVPGQT?=PVODHSSPPUXUUWOKVWPHJIQYYWWSRQPNRPSY`\WUGIJIOSQLPU[VRUXVZU[oz|reZ[hpriWEMHLRVVUSTQM\_UPZ[TCDKL@?IOLHSl|‚wfX^c[VSMFR][\UQXXWJFNSWQIOYYUOTVW^^QFH>>NYVTXYRJOTPRRTSTVQRTQPULDPVXWXZVS_^UTPOKOQQXSLMKOQQTSUY\PCHZb_VSPMSVUPXWRIHHKS[][WYVWRSWTRQMSYYaaZWSJAJPTSJMTQNPNPQUSPTWSMIPUPJPQQKLKQZ\XUX]YTPY`\SVdimuxtd\UWROOPNSWRP[^WVX\[[XUKJV\bb\`fh`]][SJIR^`WQPUbaZXPMPUV^ccdbYVVWOPQWZYTMMMSUPOLMLMUYVUX[TRJFRRMLNMQKNX\[XY[ZSPSSKMW[QLSZTL_bdcZWWSS_gc^XMURJU\[_d^YXW]_a`QDIL[Z]]VU]]XTV__WRKIRTW^_YVWZ[ZQD=P[ZXSNHITWQSTPNSTMJS\^[W[WSTVWY_aa__a``^XST[[YTV\`\^`XPX[a]Z[[^^[[bkjZNX\RIKNPT^`a[_`]X`^X]aXUbihdfd]XRQ^inlmic]V[^^XWUWcqz|slfb[]_dfe^]Z]`d`]ac`bdc__ccZU]b_acb`^^^\Z\\ZX]bbbac^_c[TTJVTRNRUSX_ba\_XNPROWZZWROOSV^^]\Y\\XNN[]WQNJTXRTcgf[TRO]kmaROGHHNTTILQTVSLJQWYVPTSO@EJGPTY[SOVRIKMRNGDPVUONMT__PDHU[SJINNPYZ\[YQJKNQI??GPVTQSWVONTSLQWUONQLRTMRWTQUTMPQKGOPSW\]UKHKEEGNUTRSWXVQKN_fd^SSNGNLHPYROQHBIOOOPQURPQUVROROLKEENNNA8GOORPX^WRJHJKIJSUXZURY_b`VPNLJK^ji]N=KU[VTYZQKUZSOHDCILPRQOR[XSRWWTTTW\`][SSOMGMRONXXPKBELOJOVUQSSSZ_^WTPRPUVTQTYXOSY_\UXaYAHPSUVTTQVRE>AAJRMNOWXTPRXXY`_VWSCBNMMVYYVQVXNJLQOTZhwywpjkmlmfZVVUWWWZUPTVKIOKM\da]YSIKHINMJPeyxoYQ\e][ZVTSW][RRVRF?AKSVRLQWYYSKWY[^UNFFKNZXTVZXPLJMJRYXUSVYYSUUOENVVV^_ZZ\][MKMLFILPQGBIPVNHWPQOGCKW^cb^UNJXMJQRNQYWLS^\Y[YXUUXXZWTPKOX]`XPNIFQVXVQQQPTV]VUXTGMUYWLKLLHSWONWSRZXNQTWY\[VX]WXein{vl\WVXUQQSZ\VUceYKSX^[UNOV^adf_U^bcb^VU[\Z^caZZXYWMPSMOV^deacd`^a[UV]ZZYTXYUOGDMQK@BQRRS[b[VOQRV]a^TVZOPVOV\a`YJSZSRXYXTW[WMNSY^]\faY^c_\ZTKCAQ[VR`bWUW\\]]RP^`\WSQNQ\\XQY^`[ZUMZ\]^[XXZY\VNJKKUZVVSOOSWSMPPEVWVVTORQGW\OIMU_dfa]ZVVVURPRRURIOZcd`b^XPSXUTSW\XTQLZea_\ZYV[`_[RPVWW\ZW]ebS__YYX^b]ZZZUXXajhhmnhb_`aWQQVYer}{ukhheTKU]aa_\^_]WST_a^`ddbZ^ebWW_a][`jkf[Y[\[WUVba_]\]^ZNTWOTELTQKTac`WYZOJSPRUPMNORUVWXXTQTTPLHPQSZ`YTSPQ_ge\USY\ehaYSGKMPYUJINLMHMWYWUNHHLLJD@IOSWVQNMFCGOSQJGNTPQQNJSXQJBLTPOQVWXZZUQOLOOJMKIMMN[\QCFILOKJHKUZYRGDHMIJQQJPUVTRSLSTRNYZRLPQMGJOSTQPUZYVOGOV\WUPJMUVPLLJW]ZTNPMKMTSOAILFHPWXTRTMHIIB>EKOSW[VYWFDPWVMLLONKONPXdf`WVQMEJUXXQCGLPRTIHIEFKONQOKGHKVXPLUXSPSVXUIJSY[RPTTNNURJRYZRJLKNRINUZ[`aYWWWMECIU]a\WYZPSRV[cbbeaSKPQUPPZZVTMLGDDDHNGEONNIHLNJJQRMHKIDHMNM@JUOKIUYWYYVMFRWTSPPUSL?U_PFOHHSQONSX\YOCCKQIKKHGNVZXWVSRXXXSOLGJOUTTSRWUVVWWVWNLUYUOPNQTMKMQPV[\]UQWTNORNRSNKFUWPJNNNMPSOJORVWVSV[XIFSYQUUVPIAKNIKVXSOSRSSRY^_ZTRRQVXWTQNMMKIKUPMPVTSKGTTXYVPUTNIV\WQMPTSWWMLUac^YXXRNMSOKUZXXSVTSUREPY\ZWYSLPQIQ[a__YULOTZZRUUKLSTMGELRVXVLNVWSPQW\^`cYQTVYSTVTRRQHLRSNYblqmp~ŒŠygbe]TWUSPLFHHQNKPNMSSKQ_^WRGDQSQR[_ee_\\`^YSLLSUPOPDLRMMSUROJSYVZZQPHOUTSWXVTXYXWURRSRKWYSUVUS\^ZPEKOMNVZOQNQQJJUPDBT]XWSSQMEGWYW]\WQLRQJNZbcdbXUWNOQGMV\YQRUXWYQSXUNQVXZUMLOQZa`VPKPQKDF@IVYPT[YJ9@LRH?IJJJQWYTUZ\YRJPX``YQU]a^][airuvwufTSPQQUW\Y_^ZRUVTNT^][X[^]]_ZUPY`geZWRKNS^db_`a_YY[XZ[[[\ZXRMEP]`\TSJEQRIJOSTPOQYZRMRTPXY[baZTNQOJLIQUUZ]\][WNNZ^ebVXYWSQOOOV]\``\VMS][PIORRTSOUWZSJQX][X^eWQZ_^VPORRXWJW^]XOTVIEYbb^OLZ^]TKJSVWOCIIQT[^[VOUZVV]c^]SNHESUY[XQSV[XV]bWQXW\b_Z\[WS[\[ROWbfd^ZYVNP]cccb\[\YXSW`]WV\bcdb^_Zajhb[[_ea`b][`ddfaZ^b_a\XWRV^djmmlsti`__YTRV_`bdjbVV\ejjj^X^^Z[ZYXQVZcbb_TT^`SS\XV]ab]S[^hi`fjkMNCHQVJGOPAJPVUNJIDFKPOQTWMCNNPMQSR[daUOTTX_cb[\PKJX_hqy{m^_\UNIDGB@EKQWXTKGJ>?CGOPNJFDHIJNKLHBDNUXTNMKIJGJMLPRLILURQQQPJGOQRYXQSUPCTVV]^XLLQTRMPNMLU^`ZQKPMHRRSRXTFLV]_PDMVNOMVTOSW[ZZVPSVJFOX[XWXWPPHAT]\VYULQ[YROOTVODD=RWM7AQTPQQSILZ^[WRRSTNHOQIIMLH@9ITTRSSWWSSPRWTRRNJOOLKOSOOSUSMNUYTRWUUTQHMVXZTMSWRQUWPONNMTZ[QOT[`[[[[USZ\QHGGNOPSQZgdVLSYYWZYNQOKKTUOGBLRLPXVMTVLOSTOMPVZPVWTTTTULCKVab`ZOJSROSUSRRLLX``WQVgonbs€‰„u`]caQHIOTTUWYYXUONQVUOMLXVQPQ[\[`ihf]UY[XQVXXUSRNSY[STPNPIKRQX[WXWPJNW`a_WXWRPMJNPUUY[WX]]ZVQRS[WQUVPKNUWTQVXTONNNMQ_^[^^ZXSTGIMMOTKHJJOPVX\VTTTX`]URHIOY\VJOTWWTNWXVHNUULHFHPV`]YSNPOCGA=O\ZTUXRHCJPNLLSNMQSURJRWVUNNVTWVLMOX]VNS\ekmtyvi`_YNOUWZ^`]QQQZVTPWYYQPZehg`PDHZbe`YXVY\^b`[\a^ZZ\][XUWYY[`ZTWbgf_YQGMPONNTXXMLRTYZYXWIJPRQPMNOMSVPMSQRVYTU\[OO[_YMY]ZQMV[Z][YXZYVPTa_SPWVTROKLRTROS\[XT\]UIY^YWQOKNVQJT]_ZZXVOEQYYUNQ_bb]SRV]_YKKO\gegc^YXWSX\WcZWQUUPNQW\WRX`\[]`YZRNW_ZRQRXVV\YSSVZZWVWYXSS[^bhi^TXXUMHXVTVZ_`^XYZX]bb__ckkkfb\Y_\[aa[]cbdeZSV`affjjknjb^a_\\VYa^Z_dd^\_gjjaY]XUZ^[V][^^TSZYW^`ZKDU\\cc]^[]gkpicb_`MROOWTQU[ZQEGPSOLKOQNIOS[^VKCELJHMQ^aYTIJIY`[WPNMHEMT_v…‰n\UTTJDHFGKJRT][QIIIHDGSXSOHGROCFOPJFFLONLSRLJGGJINOTTRUW[Y\[TLMUIGTSHHNPLLQ_gg^T@FPPQQF>FS]d^WRMMQZZWV\VGIJWZWPVXTPTTONMSTTUUKJOOOWZ[TNY\ZTOGJ[XQLC;JYUH@NXRLVUABW_\QRJTWQY[TNICD=7BMVUVTRSTUSTSSLLLNNMJEJJGEOUTMO[]^[ZUMVYQRYTZ^YZZTOPLTXULOPPQPVUV\]ZZXQVYXOLTTPR^dddll\OUZZ^b_WSVWVTPMIEOVLMVVSWVNKFPRTTY\WT[\[TPTQONS\^ZSORRJKTTMGNONT[YRPK[ejaajrvtojlf_MJRVTV\_\[XVUWUUPLLLORVW[dqrjjd[PJNOOZ\]TMMLJ[a]VNPVTQW[\]XTYXTTUY]^YZXRLRPNMRXSSYU[[\WJFKWQQ\\WSMJJLHLMPZWTSTTQTW_bYLQLBOXUJLH;NTRUWVRLKMOY[feZUTRRSQKPPQUTQSTQHGQTTPMMNVcc^XVWTOGIBJVURNJNLNSSPHJOMJQSPRNQRRZTSSOJMJMMR\]X\]diglvvmfhd[PLLOUY[][ZVXTYWUUPPVfqqdSLQSY__][^b`]``\Z[\XZVVZVW\YRV\YLX\\_ebYRGMLOMLRSSPGO]^WXYTS]^YMKY\[XYWUYUURKIR]\X\`_XNW\YTQU`aa]TR\ba[XSPSV[\VTMGKRRT[]VQFNURLTb`YXYWWXYUPXWYWWWWOCKLLPRRV]ZSOIPT][VWZaee`^]`]TRRTTUTOSXVOIPVWZNT^SRX]]\RLY[TNRWWMPVQKR\]\ZRUZXX[``bdf`XPX]YQWVSSTNZZS[_acb]X_dkonh_[W[[\fkkjfbee\SU^][]dfihgb_aaZXRT]VV`aceaajli_RZ[[ac]VS_a_]\_YVMMRUZ`ckphdda\cmle`^da_RW\ZTLOWZWKCIKMOSXWXRTYYYQLJJIIIOTWWUTOHIPVYOHNTNJRTYh~†‡{hPMUNIMMJRSMNV\RMQPKDJSQIHNPRICJQQRQRQMKS]ZOCHORURKKLRNU__\ZTEORPIKNNIJHHKMNVZVQKPNQRSOJGFKRRVWUPRTWQLPRQLJPVX\]ZROUVSIHCGLRTQMMOTWX\VNV_aaP=IWTMNPC69GIGMKJHFMMQYVIFOWTQV\UPW][RQINVUPJC>GKLL44BNONOHENSOSTSWUOLNGFILNNJHRWSY[[_aace^VLIJQ\`VRRFEBJZ`UNNOONW\UKMVUPPLMPMPX`]WPRX_[abZTTWYVY[XXWVSLIQROOL?FQY]\XPHHOVXYZ]VNNUXVSRTSSV[[_^[WWTUROLLJPOPMOORS]difchhmvuqjc[TJJBAJPUPPKSZYWWPNUY^_SR[lqmbY[RQFRVVVW[[RWWU\[YXMSZZX]\XQJJNWZVPOORZUOOY]WNOOTSMQMHT_]UJMQNJRRRTPJIPFHTY[XWVOJLHDOVMJVXSMNMMRGDXbbMIJQMHGFLSVimdVQSSRQJIMJQULQVJGOQSXUMHAMXZVNOUSRPJKLRSPPROOMTWVLJWYRNOST[]\Y^YVTMLQNOOU^`_VYV[fmzxlebWD;CMLPW\Z_aUWWUMMKFOfz}r_SXSZbf`\]\\Y\aa\YVUX[^ZYVWYSWYTR][MQ]`^[YPOMPTTRQYUWc^XTTR\cg\QPT^]ZZVNOZZXRKT[ZY`ff^XURPUSNQTUSQN\abY[\[VTVUUOPTSWUKJZ\VPVZSP[e`VYWTSPNGKSTUSUVXYUHOUWZVSQUQUZ[]\YTT\^[ZXMNKPSUWXZXKQRUTOJLONTX^^ZSSRUPOW\\ZXYWVPNTRLS[]XY[]]XSSY^\Z]aaX\__]Y[TUWRQPJU\`b^RQ\_bbba\UQWXXagjlicccYMY][VTXhomh`\aaUWUT\[aa_Zbb`dije^bbb`\[[[_^^Z_da^XRW_cbjmoja_]XZab\[beaQQWX[YZRPTSQOPWZUVW[Z]]]UHCFGFJOSPQTYYTSOOQSZYTPNP[\URlƒ‰‚jPLSPINOQVVORX[XZ[UCCMRPPQQPOHMQOPSYWUPOW^ZJNPROQRRUYXTW]YT^[UNNLTTSPSNRTWY[WTRTXZXLJLRLD>:?N]cc`XTVRKBHLKFJPST^]QPTRSMABKNRY[WMITSQUQQT[bab^ZXUMRRM?KLHFORMKCELP]_WONXTKT]][^]UNONMPMNXHEJLLOPV]Ybkd^WUXSOLNMKRQHLSMQZ[UYPJIIPTWVVPLJOPKOUXTPORRZ][]ZOK[^\[TSXZ^^Z][Xb\SQTZ^bc[RSWXbpz~„oig]TSWXTLLOWZ]`ZVPNHHGRiy{lc_YW^d]W[\\][Y^_ZQIT^[RUYV[\[[X\`\TNWY`a_URRUX[UTZ^XUQU[ZWR^]VRWNOSPQRSVWYZWTX\XX_]VTT][RNPPNKKOQOUZZMPa`ZQSWSEKRQUXTKOVXUUWTUYWY^b]Z[WMJLLQWY[XU[TIKUXXNOXXQQRQRY\ZRPVVQWWRPJOXVTYVPMRPHQVTMP\`a]WYWVPNW]_acb\WXYZ[YWX\[[ZRQVRJMQVTMTZZURUUUTSLLUTPMRWXY`\WXabc_[QTSTWUVY_ekiebg`\]``^Y[jrk_Yahd``\VU[_^X^hi[T\cfike^XVX[\b_[X`acdc`_`_\V_`YLORS`b\^cdd^SJQXaeb`Z^`^TOW\WVZZPT]YOOLJJHKNQSWYWPJNMGGLW[UTSTWXXYgy~vj^VTQRMNOTPLOUWT[`YMINTSXUTSROGPTSSQMMQQS[YQW[WRLQTWWVV[bXT]aXNIHLQY\ZWYYXXZ\X[^ba^WEHNIFFDEJ\hpnfXTROJOW[VSSSNW[NLQNSNIJQXY_]ZOAGMOQOKSV[]krh_MJNSPKJNHKSXQNRVRJOXTRRSLFKT[^\VSLEJMKJLN\NJSRONKNTWXVVRIAKOKMXba^[OHE>:ISRKLGKMLNQPY]VTPSVRQTQXZQOZ`[RRG@O[ZLLUaq‰”y_IKV`^ULILSXVWWWUVUTNNUURV^^YSKN[Z^a]YWYTMY[^[UUTOW\XRRX_aZT[\UNUW[W[]]XV[a][TMKNQQV[XQKIT]a_VUUVYZWWUPOTTSRVXVLFEIKQWYXPKHOXYYXZZ]]\ULMZZWUZ]^X]`YST[V]dee`UPRV]]YVY`b^YWXZZXSYUNIIOTRMFNX^[U]_aijgida^\JKPT^debcgUUXUTWOJSJIQZ]XX\]VSYcc``ce`YXXTZ]YUVZZ[\_b]W[]accdb[X]]Y\[XTRQLKTZV\_`b_]YSVZYZ\ZYcdb]hqodZ]aa^emuuma[[]_]^``bhe`[\_a`][dibTOTRW__RQUYdhmplkhccc^\^ab_\_ehe]TU`dcecdLKLMLJTXYVNKLLSURNV]aff^ZVQJJP]mrh[JPQHGLJR_kqhZJLOSW`_WOIRXTMJPTXWQSVNINXadc^YTPNLLMLMPKNRMSXaYVW[UUVTTTRRSQNLIJGLRWRTUWSLMPUVSKMTTHJWTUZ_[XQQTPORPO\jsodWLRRMHJSOVWPFDR^c]VQJOW\VQTONTSIBOWVQYddZPTWNC>FNMMKTcdXREDJDJPK>BOJ?CMMJCHQLKPXYNMMMNN[XST[VYZUQLGCDROIJRTQLPXTPMOSVOHENYXKGJLL[inh^Z][SNNLOLU]]QNIHQRQSV[]_[WYZZ\ZWWODGPZ\YTQNMOLOVTLOURNVacXNMSQLFKOLONKNTYYZTFFNQSRLM@>OUZ\\SKHKU`d`SJFF?GLNYUZ__YWTRSTQNNSNNOMEFDIRRW\ZTMJQY]WMLNUV[cfbXWUTSSTVSS\^UOTRMTWSUWZY]a^WRW[ZTSPLFILW[XPHIG@Q^`WOWOMRejbWQYRQONORQLPURUVYTRMLNSWUPNNTYSSMOMMS^baYQHLJLSVJCILQQNLCLWbqz}wh`szqdWKTac\PPOMPSSTWMNLSW\[ertm`hqnf\LKOLHOMM[]WV]]\VJO[[VLQRRZ^UMSVPMPTY\ZYYVVOIVYTX]YUPVZ[YRNW[]]QMVRTY[_^NQY^ZWXTOO[a`^\VSPJM`a][QPOQWVRUPOPNRQMKKKHU_]ZTMX_^XQOZ]WRL@FKPUQHR[WQKLNUVRRRRVWOQYWTUTLNPSW]YVXVMOTRNOOPVVPMUVTUVVWTV_adggo†‚r]__`^XKFIW]YPRW]ZSQUNHILOU\dh_TZ[cb[TUad[VQQQVY\XV[^]WUX[SZ^\YQPTZ^bd_WSVYVRMNRNJJUZ[ZXTRTRQTPXWY\^^W[YNGSY\[[\UTY[ZUVTZ_^WSRVWVSUUZ[YUVWQT[[]__YPSZZdhg]\\INTTSSQQS[\\VUYXOT]]YZ[V[]ZYU[bZQPXYSWSYZ]]XLJ^aZRRUZ]b]\YVVYRMKIIKMNNJOWZXTTTYWTNR[^[^\]\YZYXWVTXcba\`ba^]XYYTZaa]UPTZa_YNQSZ]^X]he]RW\`WQZ]Zbhkmm`PNYZ\dcc`]gtwofdgb\TQV\c_YZddbYVXYWX`\RR^bbhllheeb`gc[_^_dcecfh`YV[Y[knrj_]XRPVUPJCKPSSTSRLR\`ULMNRQPU[`^TGMPLLOOL_rtmcX\\\``XMMJ<@@AETTUU\_]WOWXXVSOKONROEDFCHRZXKGJSUQNSUTUUROLEOVRORV[YTTXLL]c[WPPLLRQOSROHJS]ac^XPLJMIKQIRVNS\cfZRTWWQSTTLJMQUWTPILT]ab]SMTPMNRSVZWXVQRPKKMNSQNIKV`ZVLLONQRRTWTL9GRXTIOVYYPGJNMG?CBDMKJSWWXSNQORTTPJJKOPPUQMLUWSWTVQHT[ZQLPQTX[^WRLLJORRPPNRUWPKMLKJPIINUVZ[YQQRUTONTYTOLVZXUQUSNShqkXNMIKU^b\ZXQPRQQLKMUZVMPUWW[][VQPTTUUTRMNRUYX\`YUPPRJJMHBDEDHDFNSSRRfssmhbix|ypaX_f`\XNFDP]]XTWWTWYY[ersmgorj]MRYSU[ZUS[YSTWPOHJT\YTQQPX`XKJLMIWaXRVY``ZUTTROVZ]VRUXZTQUPXYQNPPLQ\ZZXXV[_Z[UMKRZWVTSWTOORTZYYUTUWYYZSVUTQNNRMIORX[W[_^W^]ZSRMONRRLMMSXTORSNKIOSWYVMJHPURTYYLMSRSTTXY\ZYWVRNRTQPHGLMLV][WWVQW[_defkny††yed^PWUOLTTPRONT\]ZZ\YGBILO[cj`TT_gjdTNWWPNNNRR`b_Y]e`RISTRLLPRRVWTNRPJOWYWNPOXXVZ[ZYQPOJHOOWXXTTX^aXPVW[RIOMNTSUW[VQRVWZZYb`\[UPNNW[[WXX\][^^^_b]XX\[Z]]YJ>BMUYY^_SKSUVWVOLIPYXWX^_[RLVSLOJIP]_YOEOSOYWMJTXTILGV]\TPSQTNQNUSUZWRPXY[^]YXTY\]_XT`d^ZY[XTURSRX^YTPTZd`[VXZZSP[\USU]fdc]VSX_a[T\ljb\YYZRPZZZaikorlefggcaY`ffcnrqmnjd[VPT_^eb^gniaLS_[T]\SZYXVcklgijc[_a]a`[XY[[^_ZQW]^biknkZ^[RJPSPMLJTX]`XTWOITYRJSSLEDFNTWWIJIBKOMOO`okd^^bbc]TGLJCFHJU\XLPJSTMJOZ[]VL@:PSOILGLNPWULMUSOPMRVOOVWTUWUWTWVQC@GLSMSWUQTSWWTKINHAACMTSPRTY^a]XTUW][SUX\\]aa]NSiuscN@LLMRX\ZSQPTPVZUUTROKLPSRZ^ZWOLTYRNJOSQUX[YVZ[]baXIJOKFFGIJEERYUM>Udillqrrz~zl[RRU[XL=HZab\XUNLKRWW`knicaeb\V]_^[b_SKUXQOTUPOPTY^[ZSNZXWOKLQS[deb_`cc`^ZSLSW\XVTV^ZSQONPUPNTSMNVYYWWTT[[[XPNQVOJKNX[ZSOOPVNLWZXY_a]WSXUPKQSRMIQTKP[WSW^\MPSTZYZWPMPUNRVVSNPRRLECCMVTQSVXTDFNQUTPUX]\[[UTTS[YTMJRVNQ^]SPONIY]]]_jqx‚‚zrncRPSYSTTLMLLOPNRQXVPLMMOZ__ROTXbii`PTTW^_[TT]cZR[eaYU^^]VFPX[Y]^\VJGKSVQPT\b_Z^d_UPQTRTWTNLRY]`_^ZTTXYVGGJHEGJUVTVZ[ZYYbfd^[XSSVXWTRWZZ^acbYT[ZYXTOVVSQOOSWXXXcg_SSQPQTUUVSUQNPUY^YRSKNRNLPTUVPMQVY_aa]YSOPMIOZXQRXYT]YSNP\cb``bda]ZUSPPUUXW]dbWMX\b^SNOU_b[SJT__YMJUZSPSWROUUX`_^]SMUZ\[XW]ccdb`^]X^ZY_ehkjb^fgdfcclqtndgjmqrrldYV[dihehnmb\Y__RZcc]WURW_]\fi`VVW]djc_`a_\ZYPMV^eeflupcWMOVVRILQVWY]VSUWSXNGR[ZOGELP_emi[NMNLLMN]ijcY\YWY\^[SOPQRSXYRNLHIQMIOSZ`UHFKNQSZXXTRPOQLHOOOSL@A@?CMNPRWU[YQGPQINRVVWT\]XUQNJKNSM>AEIUQKGPSZTLIGFILNI@LZikaPQSKJWTLAFPUVSRUROEFJHPXZXYTSSPMJRXYRRTUTNQXYTRVUNKOQRTUQ@9JKIHKHRQHNTTNKGAKRSTPRWVFFJECJRNCNWVPLPRLFLQOPSVTZXSLG@;IJJQRSQVVPIHHLRWX^_\TYURSUWLDFDOQPTN>ITW`ebYQQOORLOUWYY_c`WQ[ef[PNKDHJRaf\RZZWZ\\VNLRRPMMUWVUVSMOQSNOPSXZXWTPLP]cd_SV\YFJRWZZTW[WO:AWbhqvzuw{xhYN>GRPNPMU]ZXSNJRXVYfgdef`\WTTW]`ZZabXRWUFMWVTKKUZ]__ZW[QLNJQZYX]`e_^dd^\[RKQXXXVWWZYPSVNLIOMOOEDKOPQILVZWWTTQVWYXPQX]]VPNSUHHRWVX^cc\QOWTNS[TODDJKPPPLSX__SPW\\TMNQRNJOTWWPEGMMPNT[\SMRWUKIPUWXYUTPSURRURPU[_[URYZTNTOJMLNMS[WUUdmo|{xqfZZXTRPPUWQMFNPOOT[[TTMEQWSMMUVU`g`XXX_^ccc\TWUMO_`ZY`bd`YVVUUY^]VSROKXWX\a`[TU]VQTSRMNKMJMNO[_^ZWPPVXTNQVTOILMQRTONNMQZb^^_YUYZTRRY`a\\ZZZRRVTZ\OOY[WQU[`dc`aeke\YWXVTX[[]ZULNTPVYWO9HPW[XZ^`XVQQYchiliaSUZSPSVRW^`W\YUOKO]`]^\ZVTPOUSLKSW[_`XLQ[cdbXTY]ab^ZUV`\VNIQVUPMORX[VMV\`_YQT]bdc_WYag`^]\]Y_``]]cefhbfd`choxztmljfpurpg_aeffa\\\`]TScc^`fd]^bc]_a_^][TWYXbigigd]WVXURV_cdcovvn[SQQRRTV[ZLJOU\ZTPTTV[XQFFKQRZmvtj\VUPOOISeklrohbZXZZROOPLSVPMNPQJMPJAEU]QJLNSUXY[YPKXZSMIGEU[ZUOKHKNMNUUQQRSMNJDKOQTWSQXVYZXRMQTP>EQLHHLJJOWWNMOIFIHIIUapwp[YSJOTTPOMLQMLNRURDDOLNQUZ\UUONRPKQUUQQMXXV[XNMOHIHNVSNOOKJLRINRNMKIPYZSOIGPWXSMJU[RRLOWIRSORWYWLFOUXRJPUVUUMX^ZWSNKNLFBDCINLHPUQIT\agi^UPVRQVWOEMMNOPNKOTRPZb]OHLOMIFEGTUW]ZQMLPQWSNLEJJKNZ_PO[a`WRUVSTT[RFNTWSRUQNNJSXWTWZ\YY]XOHTZ\ZVZ_ZPR\bd[GJYZRF@MV]^grvttnd\ZSQWSPNKPTYWPILW^cbbbXcmnd\TUS^eheebWQWSDKRVYPNW[_ZW\d`YPIKNQW\^`ZWahc_^\ZVY\TQV[\VSKKQLMVXUMSMEIOMKMMTWXVWUTZZ\]\ZPJLOQVVVSJOVX[^`eaYSRTMV^TKFHPTY]^VOKPVQELTSLMOURKCHIJTRGHOQQMFSURRTROMIMQVVWYWNLNMNTUOSY[Y[[YSPNKIMNRVPJIOOMTY^fv‚ybW^ZZVTQPQQUY\ZRPW`\RLLOSLLUXX_Z`c_XYWRX_cf^PR[ZXX^^[\\bfd]UZ[WYUKHQQY_aa_^`\V[ZWRSTOQUOOMUWVV]ZTRRRPUWUU_a\XSPTX[[RFIV^_]^^VMRQPTRS`YVPPOUTUXRX\XJSVVUX]ccabdd]\[LOWVVV\Y[_TPOSVRV\Z\VUUZXW^_RY]QHPOW[`[XOSROKNR[bd[MPQWYNHRTY\[YUYZ`^OAJW[ZUKFQX_^XYVZXVZZXVW[ZZ^`Z\\URW^ba]^bca`^YSY[`a_Y^djighea]^_baWXadha^db]bfpuqqrpjmm\ZY[`fd][ZTPMWY[fkbZ]]Zcgcekkeb__acdaZ[\``a^\\]WQRX`a\dknleMQQS[\\ZRIGPUVKKUXXYXM@HQRPXcolbUUQKKGCO[`cr}zp_OJMQOJIELOMSWXWVXIHPZ`]YTRUSOS[`\QUZSRTRX]ba^UOKJNJLY_TJHLHKJHSWY[WKOVSRTWROJOPPFKMLKRTQPNOOTNKHGHFMPV\cd`]MNTRRWXVNMMNMPYVLNV[VVSYZTQIGQZ\[QLPOOQRLWZWOLKKRQPTVRPSZ[Z\YTLCEITZWOMGHT`^TPHJPPLRVUUROMVXXONOQRWYVONQVREJWRUWYWSRJFOLHJKORXURRZblun]POVUVNKIRQKKQNMZ^QL[ZUMLTXXROPKIIOSSKNTVXRPRYZVQKOXZUV\\[SNPNMPRVUVWUVWXXSOQNSWXXWXWZ^^XO@@PPOOU[XSSSRRNJNSSNIKNU]]`lrxxnYTOKPYYPLGGLUSLMILX][\ZTSag`TYYOK[chb`ZSTRMQQQ`ab_^\VLU`_RRVZ]UY\][SL[bZY\_b^^`]XT[ZVWWQMJSXUWXZXROSTQTYXSQV]\Y]_^][XRLIIV]ZWVSQUWYVQU[UGCGKLPCKONLR^fcXLORTMFFMXZWZ[[UQMLR^_\\_ZMMPSTUYZYSHHMSTSVVVSNJKKGKMLJJPT[[UQRJKLMQTQIOOLQ\Z[cw‚ƒu]Zfff`VSQFQTYZXVW[[XMGEQSPTZ]Yabcc^[\ZYZcdb^[\[\\VT\\TQVa][X]aSOOC=ER^fgih]WWWXUINY]WSRUY[\XSRXYQSVURKUVTY\\TRRSOUWO@IX_^[VUSRTXZ\[cfcYWVQW[WLIQVNBOUUPQZZXX_`\V[TKW]^a`\XZ^VMLQWTVYbba\^WNM]_VZedXQQQUQPPUZVSMEP_eab^XVbe\KNUW]^]Z^``c]QTV\ZSTU[_]]XUSPSV__ZXVSQT_ghg_XW^]cb_bc_\UUSMPW\_]\XYZ[deb]YU\geaWW^aWT[]YZ]dnrlnmqnmfa^_]YV[cgaXTVUSbgea]\Z\\aejlhea`dgc``^^_a\\YXVWVYW`hhfbba^[USRWVTPRRPKLJNRWSNOQRJMTRSTZ^ac]\VLMPPQVGOj€Š‡tbTGRSOIOUYUOMMOQUVOGOX]^XSOTOLDIVQ>CNMOSUW_[WXMLGHIIT]a\SMNPRPMSXTONIMTVRRPOMLOSWSRWRKNSSOOQSWTKLPKIJOSUUS]\OLZZWVWVYZWQU[[ZTOQX]ZWTYRMLJMS\aYQNMNPSRQX\ZSUQRZTVUSFS[YNRWSNLHLPWULJGHNRPJHFJPONLPMPQL>MZRPRNMSXXYRSZYRHEIFCKRUSOFHMQPQQUWXPDBJ]gqoeXIHLHFMPMHCJRUSXZVTXYSQNT[]UY[^UMILSVVUWSPMT_]VRQQTSSSRWRQMLABLOMQVTUPXWPKFLSSQOOONUZ^\UQPQRPKKLJJPMLMMPVSNPPPMO[^_`hw„vfXLKR\\TKGIQSNDMKEN[^\[XGBSONZYMUY\`_[VROQVXSX`e`VGOXX[\VTUV\__WUVVTQT_\NQ\b`WZ_\RNURSWWTSUTVULQSRUURU[`]YVZ]\ZS]^YWVSXWSVYSPMWZZUSOHQZUMNKFF@HKJOALUZZPGELLIIPVWPQRTQXXOKRZ\UUUUHFPVVXSUSMFJRXWUSPOTRONMDLUVMGHNPQRSROOSQRPLMPMFEUXM]swc]dlniYRVPOI@BGVZYVSQQINTTU[WLW\adTR][VWRUVRZ]][WOHNUUSIVZ]aef`VUOKMXfhkkfYVVRKGFCHWXXQT[ZZYQOX]YTVWVPJNSZWWRMONNQTROMMVV[]c`XRUY]]eg[][ZSS\\URSUTJQWTQOTZ[XY\YZZWV[adfbXTW[]ZRLOV^bcf^ZWYTLR[VP_c]XX]a]WEG[^\ZOYdgbcd_ZOYRKOLWY_`WWY]dheaa`]VWRTYY\\[TMV`db`\\XRKZdghb^TVZcec\ZWXZZUORVXVX]`YQOZa`_^W\fg`a_a\TUYU[`ackljjowukha]`\XXbfha\VTOKW`[OPZORTX[ceheba^\WV[[[^Z^_]UMNY_dhnomcXZXXXUVWRUPPX]YUSVXXWOOSTRROQTTTQSX]^ZTMMMORRNDZqzve[ZPORD9EVZTOMPOMOGMPXYWYUKNQLJIHLOONPKJLOV_a]VQUSKLKPUTQKMFIMQPRTPHHJKNHKTOKMLMONKFGFFMTPFGNSZXTVTNMNMOYVLWWUVVVVTQOQZYNSUSKQWW[ZWPOPOPVVQEOUXUVRMVSOSZZ[\NGPYUGHRJBUSPVXYTSUOQTVRJJMOOPTSRQUSUQPRQLOWYUSVOJPTTRUUVRSNPOFBQWZ\VJCDMRUUUWYYTQJP\egf_LBHEQXXSJHNVSONSXXYSPSOTYVTW``aUIFKSVS_[XUYZXTXXUSQOPQW[_XGJT[XX[[WPRVTSOKKPQONKNU[`^VNOQVTMOQNJKNJNXZYVURW]YST^^OPbuƒ‡…lOLOROEGIBNPNPQL>GU`caWNIILSZULS\`fbYSRKMVVSW[\[PP[bda^ZWRRU]^XOSTPRT\\W\]_\XVYUPSYZVVWQUROTUMLBIZ]VVZ\^^XWZZWYZYYRPS\]\^b_\YWWPVWZ\[UKIPTJKHDF@NIHPRZZTFHKLNPVWUUWSGQVUTSQPOOLLIGILUXWSQOOL\a]VTOEBFRY[US[\[PSVXRNKNRSNRUVOMMMLFOXROgw€x[Vpwr]V[\TQRWRX[SNPQJELRSSRPPRTZ[UWaYFCEOZ]ZVTUPRWX\^]TLST^ee^]\`^[WX[^dfa[WUVTRKNQSUVVVRSSKRY][UQUYPOROQUVWOGKWWSPSPROMOZab[UOPVY_b^_]\Z[`ZSSUTSQW^a`^TTYYVVXWXVRRW\]WWWSNSYXNQ\cfiebZXSOMPTPSZTOGLV]^`[OPRWTR]fe^ZY[\UWLNTV]c_ZUSPZbccabca]QKQTUY_^UGJQQSZ[YYXWZcccef^YZZbb\PS\_^___YMPY`b`ZX\cg`ZR[__^a`_Y\ZPQW\Z^`a_krnh][Z[[]]efh`^\US[Y\[ZZ[^^W_]]^_\_d`ZRRVXRNUYade]WW_]^ggikebdghhaQSQRLJ]efa[[]YVRQTWWSRQUTVYY[YXTQKDGEEILLTcnpnkbMNQQRLMOTYWLKPNNMJTVQWWTV[YOFKTVNMMLQTNPX[XRONMNMKKE@EFMRMDMQQQRQSOLJMRWWSSUXOKAFMNKNTTMOMPSXWXTMKNPNMNQVOOPKMXYXNOQRNTQKCGSUQPLNMPOTYSPOMQNUXXXZ][VQPONCCRSTADQOIIOW^[YUOOLHLHNQSUZSMIGKMLNT[YNH9BMRNOSRLQUTJLMI@;NSRJR\biok\NHLOVYVNLQONJMPTV`d_RNMPUQOMOQSRNPQWXYXW[UTSMNTX\^\OCENPS]^Y^`\XVSTOEHOWY`di`NFSUSQVWTIKQONJLNQSSPMRRVWTTVUSTUOMILRTQPX]\VUTV\^ULOYSLP\q€ŽŽ|dMMICBNRMGOV[YRHEQV[]`^YRORVSRPZfig\\YTOVUVWXSWUQ\afg`^WSR[b^WKMQQOHN\][][XV\^\SV_[VNNPSRIRTTURJ\^ZTVZ^_UQ[XUNUYYXLIZ]\\Y\Z[XOKX^^`ZOJPOSUVWTWOKLOQXYYZVVOLQIMOV\ZXUSSXWWUNLORMIDEMNPZYSLKOW^b^VTPHCETZTPTWVTRSURTVTIKJCJOTPMOOTONTRP`t…}fct}|rcc`VOVZZ]_XSGHPUZYYULRVXTXU\ge\LCGSRQVX[ZVXXWUU][UMQZ`^WW\]aXSRT[fkbTRXYVY^^ZXTLMPQPXWTX]aaYVTGLWSNRW^XNOU[]YUOKKKGLQW[ZV\^[\[_`gc^Z`\MORWWWZZZZ[[VX[[QRR_bZUXZY\\YQJQWXSS^^Z^^\ZXVR[^^\[PNQKQTY[VYZRRSVYX\XTSSSYZ]cUNYbaa\VSSX]ZZ[aaaccYXWYWZ]WNGFFKUUQPUZ\``bdfd`\W[b\UY^ZZbghdWTZ\][XW[`dcXSWW\bebZV[ZQS^]VTZ[\[dc^[ab\TU[_`\Y^XRTXZW[]`c_]^\][__[]`bbaZY`_Y_b]alia[\```^_b``^bhh^SXXRHP[ZSIQWQEDQYZTTVQSV]a]WYYUSMHKRNMSONXis{zn]ORUSQNPU[]VLLRUSOSRDPVSWVTQKQXVQPVRVW[XUOMLNG@MPLNMMHIOUULIINTLKQTJCHKLLKFMZWSNGMUZVPNNPMQOHOXTNLRUPMNQURPMKRXWNJJEFNOOJIRVMJRSPQVUTUQNSWYMGLOP\ee]RPJEEKYVUJ@BGNSX^]XOHEMHMOMPRSRMG@B@OSJHD@>FGHINKKTORTPLU]\WMMSRNLCPX[TSUWTSRPOMNOKPTQKEGEKRQHIQY[WKUVQOYXWSODJU]UMIKNZb^ULJKLLKEPPQPMLHJMQVSWSONFFKSWWY\[ZYXVQTVURNNRQS[be`\Y[`_VJJKFAAGPOKMOSSZ]YWZXQNWV[\YONGHRUTMFIONMNRTQUXWWTW[_\QRVYYURUUPLJGJNRICJMGFPRX[SLJKJLLMSMAL\\TJNLFUZVZZ]`c_^aepvu„“•‹‚r[UXRTWQHJPKHNQJKSY][RLIJMVcje_\]b`XW\bkh_ZZ\_h`WTSQWVMPW_\VV[\ZYc^VSYZ[XU[`TSWTRVUXZSUPOVUPMT_^ZSVRMKW`]WKHRVUQQVWICDSYVQLOTUNLNROFEGSUSUSNIKDEMPQQSQLPOORYUJFIJIKLFFOVSPSUWYURUONLLLOS\Z]][QROH@DEBLTSOU[b]XRLJY^eheYHHIQWRMKBILEQPPOQWXVNQP[\YRMKQU[[\^]^\[^`ZJIJPNKMKIJRWUSPOWaebRG@JNSYXRLCGQSMJJQURPHMOPOPUTQV^ZWTVRQQUUXWTRKLOMGIROFFTY^ZQHQVXSUWZYKQSSKPTUPRUPLKKR][Y\`dlnu‰Žƒk^\QPSIKSROPPPEDQPNHHVVSQbovukbUSQPVWX\\UNQSWZUMSUSOTSXZZXX\b]PX]]SQNT^\WUWQMRV^^WYTMRSQSQLJOWVY][XQJW\YRLCLTPPT[UTTUTPS[VNLRQWWSNNQRNPMDOVZ^URPVXXUQMSMOVXWVU[`ZSUTRTPQUWTPTTN[]TSZ\TWXVVUMDKY[WRRRNWacVEFMSMNQVSLONW_]XVTUQLQSNV\^]n{|l]hw€thj€‹‹idWX]TFLRSWXPMRUPLX^homcXTSMQUVW]]V\ckgUDGMRTWWXVV[YYY[`_^c\KT^ZW\daYUdmgc`]\ab\WUS]\VSZ[\\VSRSSX_]VTX\ZZcda_VSYa_SOMQLVZWU^]WVU\XQEFUWTXQHMWY`\UOV^YLKRTRNMRTPUSTWSW^WUZ`c_ZX\[QSRMOVZVX]baWWZ`ZTRUV]c^_TJUY^\Q`dccelplcVRUXTX\\XWYY[ZXXZ[YUT[b_]\^_^cdc^daWUWU[\VT\YQOWSMPW]cdcbb\XTUSVXZcifhcXPRcqz~rcPV[dhbdec_^^aiha_XVUYY`gd`aab_]WWZ\bebimomdZ[^_aee^V]hllle`aceea\\_g`djRQMJGSRLW_\W[XTX\XHGQTZYPMQPQVW[dok^UYVLNRcji^RUWRFKTXXMPTQRVWXXXV[brysbPLPQPPLDEMPLIJIBNMHJKS^_\XRJLKNQRNS[bb^^[UVQOUUPRX[SSXTLUXPQPOJKMRVQINQNSSRIGLHOPLHGLNJINMIQUYXMRYY^]TZWTMUTLKMOMRSPSXTMHHID:IOJJQSHMTRUWWWNPPTVTQQRU\\YYRLMLNKNNHJRUZVPNPMIUY^\UQNLPMSWRGLQMJFFHIKSOCMS\b_VK@DPXXUX`_XVWUVPOQSRPQRPKMORLGLT`gge]OIPXZ]`_\PTYUNIKXWTJLVXRMLNNLU\\\]WKRQLKRUPKMJPSWZURVZ[_bWQQURMPWVWWXVRSXZUPQSURSVVXUTPMZhjnqu€zsh_[YJKUTMJEJJBLNMRVafc_ajih^RPUNFTZTNKRWQUUWVPPVWXXY[^YXV_`YNSVQTXYfkkgWSQJBNZ__]ZWZVTRTNFNTMWbe_YUX]\[UKMOIPYXTRZ[YNINNFKPUOLOXX]aZTH:DOSTSOSWMRXVHECENPTTTUXWUPHKRWYXSONOOFLUPUXZUUQNSRRJIHTSLVVNRWZVIOXWNIORPPJJQTTXYXWSU\]ZWXZcs€€uafpz~xkn€“˜~^Q\b\URSNLIMNLKT[]dhqpdVUQIMRVTSWWTSTVOPX\\MMRR\abbb`]ZVQRRS\_]VV^a[Z]aced^YVWYZbaa_]]ZUUVUUU\aa[TQZba\Y`if^VUY\[WURTQTXX]^[WUW[[\UUSRLSTHU]^ba_X[b^TQUPLKQ[ZWXRT_[Z`][\YXZQLMWa^]UWY]ZY```ZW[[XQOU\egc^^]^\\WGAVVY^eke^VRTWRS[]^[UW^]WQZ\YYXY^b^__adcdfgea__`XVWVORWY[_\Z[_dhhfb^\`a_adf\LX```^UN_ny}zk^W_dhg\[V[Y[^[WWZZZZWY_`beacgdWV\eeflmijjd[[`^[Zce_XZ`dhc^]\`db\^]_caSYXOTTVZ[\XVXQV`]VRTMDJT^^SMTW[XYX[mxtgZXQDGO_hf]SY[YTPGFJCJQMGMXZZ]XSRetriVKPUOIEDLMV[XVTPQSRNUUQRXXHGLQWSPLJOJHSQQZZM8FRYUTWZ\XY[VWX^[USQJKLUVRSVWTKKNTZaf\OKJPX_[ZYZ]YOOSW\SMRVYUOTTVVTSULW]]WUUOFEKORNJKRZXOPVUSTUMLOMNLIOMNUVRQTWSKMV`^Y][TRX\YZ``cqzxnlqqng^VSMPYVRRMNQVTSQXaa]W^jplda]MOPTRJEHKU`]`\ZQJR_df\\\WVY\ZTRWZ\[XT_dhlof_XUSQXbiga[ZSUVXWTTMSWYSMRXVPQOJHSWWY^YXYXYZaYMW\VRKKOSVXYYPTZUXVJFLMOQQIPOQTMEGGTXTRQU`a]UQNKHGKQYYZ\``a_URLR\XLINX[UTXZ^`XOLKTZPKMSSSSOSXWWWSVTWYZ]_diknmkoifgpt{wolgR^{€zlhc]ZSS[^[RUZXRUY]bbefb\ZUSOMVWUPPQRYYUX][WXZXPSYUQX_`ZPRSVZ[VV[ZV^_XMTZ[^agqwqchiaZQTWYTRZ]b`_XSVTTT_`UR`^RUX`_^Y]egbe`]W]a`[XUKKVYY[YX]YVURYX[[badjjd\]ZXXVIMT`a\PUYb^VVRUYY[\\[_a^]ZWZ]^[_c^][[YSSPLUYW_d]YU\[\YWQLQTVUOWba_age_[VPS^c[ZZ^[[]Z^a\^`efgcYSTUYbd`^]XQR_da[Z[XR]cc\ZZ\`bddejqriabdd`]cjbenpqofakgbYWSZ[Z\^`_\^b[TVbfd^]Z_]W[dccghffje\OUXZ`ecfdcf]Yellh]^^\^^```_aLTWUUPLTXV\^WLHOLJT[SMQPPPMHADQVXWQK>HGBFQ\ec[QHITVTUVTTUQMW]bjf^TMGRUKQ\YOHHMIEMTYUSTQUUMLNMIPXYYVLKEELLIOPJKY`e^P@EKV]`\UNMQQLIUXOOTMHNSQPRNIFNPMKNQJKJIOKIFLQDFRYWUSSQOUTNMVRJHQVTPW]ULQWPGEFNOORRPKLVYZ^WOHDDS_XVTQRLB3DECIMQOOIGB@CHIC@KKKNPNSNOZTRT_aZX[\WJLRVWYWLFMURNTZYJBJSTSRQMWWYYUEFT[`d]SPNMTUU\ZUNFORY^[WQQLPV]adc[VMDSVTYXSPPQTPLMVYW[^]XRPTSTWUSWYYTWVUSLIJNNMQPPLNGJOPQMDJJKT]_TGNSWWTWSJMTZ[bfaamrhY`fjojaRROTZPQTMHMOSRUYZ]VZ^jpk]XVPQQMLI?JNXbea^WTRNPW__][UTYWOKW\ZXROQX\ckssmg^WVU^ed]NSUTTSY]TKISZ[SOZ[YVUTSQNTZWQSWV\\[^[c`TJEOUWU[VPQY\ZZWFGMQURKEJTRRJA@BVYUQTR^daYMLRQMGNSXWTYYZZ[WSU_]TRUVOGSWX\b^YTNILIMU[YYUOSYXRRQTVRSX\Z[^dfhf]^^]apvrlg_RP_hjpncWPOS\[VTXZ\USWW\^acd]ZXVVWZXPMSVNOIIQ[\Z^b^UONJQUTSY`^YOQSVWXWPOSRXZXZYYft{tlrmcWW\[ZVQY[YZWOQX\ZVZ`^UXVQV^_\WTPVY\\_YZ][SUXWUS\]_\TRTTROQTWW[][bhf`]_]TOSTUZ\\]\XYYVTSLU]cabkd]YS\YX^^]W\\WU\]VUTWVSSSVXV\^egd\[QRRV^`_Ydgc`acXPSV[bf`X\hd`]SV_cdf`^]]YWZ[_aeca`\[_^\]WSZ^``bXRNQX[QEU[amsm]VXWXV\`\dmtywkipsg\U[]abced_\^a`SOTZZYVSQT[eeecgmmiljaXTS[bbeihhc\_imngda]V_bdffddSPKLICIPQIPOJINQUZXNDJNNMMHLSWVXXWUSTJ9BTgprneWNPVRW]`^VQOPUZ]^ZUNHTWMK]`\XPJ>>NQPSY\UGLPU[YWVX\\ZULJQTRG?BEGS[^]SIEKJV[YRKIVUQNVZSVVLB@IQWSOHJMOOMMMIGGOSRMKQTUSVTSWVTTSSPPQPOGCUUPIRWRIQRNPICJMQX[WRZ]TS\\QKJAFIPRRQSRQNMKKT[WTMEDJKGIOOHFJBHLPKFKTWTGWYSIPXWSQXQPQSIMW[P>OZWKLQQRNJGLMPQUUTRURVZRLQSQLNTXUE=BGPY_^WYVQRX^_a^[TLKZ_]RWVUUPUS=:LQPTZ]ZOJKKPZ[TOSVWUYXTLPQQPMTYVTQOOTRRQMNKMTY[RMNUURUZVSPZ[UXX^dlmggjhegd[SYZUROUXPIJKMT[_XQRTVWfe[NMU[]UTRQSSS]_[UX]]RPZ^`^VTUSLRU\^XUTV^`[_eeec_[RVX\]bb[WTOPLPUYLESXQNQWWQRUYTLHO][Y_WQVZVPW[ZXUYXZXTUSQW\^ZWQS\_Y\SKNY[QORQMILJOMJR`caVSMRNF?GNQRPTWRQPQPPVVVWY]VR^_WYVWWQPPRTQWX\XRLX\ZTPWVXYWTOMS_cea]UW\X[dswphZ\bWZfjhd\Y]_`aZSUZYWUSRRLIVXZ\\V\^ZWFRU\ZUSRRQSNSYXOMMOOSVUZ`_ZPRSVXWTQFAFTZTSTU\dhflrqi]TV[YNSYWWXQJQ\]\XSWZSNPX]ZZXVSWXXXWRSUWVRVPOURRTVWVQPQT\UQKSVSLRY_^XXURTWY^]_W]]WXYSUNJCUTRaf_X[[_]YWWOUWVRRX^[TVXQAIUZXX^`ef^WK[ZX\fjhaenh^TYSHRR]fie`ab^YUJLW\`ed_YX[bc_Y\`c_^_`cc_[VSW_cc\SPWYVWQIVafilkkg\VVV^\YY^enpjkmmne[\cd`\VTPSX\_\ZVTQSQUVW^eebagooie_[^WWabb`b_`^]gmnkf``ZSY\adecbaPHMSPLPVSQSRINNNU\[TFEHMLLLPWY\a_\]\[ROFKWckqofYUSOIV\[RMJLNQVZXTOMNQPS]b_^RGHPTTPIV^]UAAOVXZYUSXVNC:LWXQIGGLNQSVXTLVVWVPOI@NSNPTTQKOOGEKU\YMFNSRSQRKIFDGSVSNQWUVTSUVTQTTMILRVUIMSTNPUZXUQWZRNJMKMTVQFPYOJSW^]LIELNLFLQRTPGNNOZ^YQHMPPJLVVLNQSGJQE;>JRVVTL@INRT\a`TRRQOQNJDKXYUPJLTUKKQVRQTUQQNJKH>GTa^TNSSMJPSXXXUQO\^XVZ\YXRSLGLZ``XQQVWMPQMKMMLIMUTMBEJKRUUNJKQYYY[XKJKUTTZXOKIJRWXVSKQUSSLEJS[`\WYXW\aegdafoupkhfe_]`_^^ZWSKLMFBCFOW[ZSPVZXQOciaVU`bb[VT\b`[W[^^a[TNY]bb^URJM]_^\[\]_`^YTRFIMMS[\dbYOXUXSXXULHFCHUZRRUVRJMOUWZRRV[bd]OMQWRRZXWTRSYYTYYX^\[PPUQ^a[OJNRW[\SMSYRRVUHHRYaa`a_TMEGPTQOQNRRQMFGNUVQT\ecY[[ONPEEJOOSQHOU]ZQU[a_XNTUSVTQMOQ\dc`][V[ZU^ny}pe^`_Y]dejieba`[WTY\YSRPTVSPRTWWWSW[\\`[OV[ZYVYPPQSTVTVZ\ZXUVQW[aZWUVQRXWVTTYWPMOSOKV]ihcffcXUPKQXRW[WV[df_ac^X[]^ef]Z^_\[]WWRRWVSTXXPFIPUQUXWWSOP[^YTWTSWZ`_^YSNQXVT\a^WPUVOVZYXYWXXPX[TPV_`^ZYXTSXQKTY[YRRWPLJT^a\[Z_a^^NLa^]ecZRYcd][YX^a^X`fgab_OPTRZ]c`ac`WV[a]RHQbeffca\YYTTTRXY[UR[__YUXV\^_fmrvphecddaTMP_kpnddjlkfcgmg[LQUUZ^`^a]ZY\]Z^a``bdeflnnl`ZZZ\fccc_X`cbed`iije_`]]_`b`^[[SQPSJFJU\_^USMJNWUQJFGKNNSXYVW^\ZZWWWRMRWV]glhaYSRLMUTMGHOPPRQIGNKGGKZ^[[YRKMLLOX^YZbbVEMQNRTMLSSIIEKTUQKHIKLORRVROPU[VRSMOSWOFOPJPTQNJEP\^VILNV]c[RNOPNTXTOOMQY[ZQTTWZXRCAUbbZMUTLKW]ZPSYZRKSZXVW[XQRROPKG^^YKLTYULLJJUP@GSUUUNIJLLQR?CKHFPQJLUO=8HMRQLQUNLKKVWUROOPG>EONLJPVRCIRUNNSVXQQTSQRTSVVZ`^aa^\OEQ^bab[SOU[VSU]]\\ZTPLPXZYXZVSWRSTVPHGQXZ[ZYPTPNIOTVOLLRTSXYWEEURKQQSPJJOUXOFJUWUYWQNVVSNLQYYZ\`kjehqniZZ`caage`_b[VQQOIGFENOPOJJOX[[Ycki^UTW]YQNU`aXRXZZ[ZTSOPPTUWRKP\aaba[[]b[TPHISTPSX_fg_[UKPX^`_\VKISV]a^VVWVSTRNUWVUXX\UY_[XQPUUUUUW\WPSRSLW[UXVWZaYPPQHMMSYWRXQP[WRT[\[Z\dc\NHMTUMMQIJXUHHKOXYPN^b_XSNPUYQIORQOT[VR[VDPY_`[\YYWUWVUVTQZagf\YYWXdix||pc`ZQW_fkjgeb]VROU]^[XRVYTROPUMMLDV`cc^RNQVTYUQKPW\_a^_ZT\_]YU]d_`^[XVWTVRY[WUZYWQNSWZWbjqpeWSSQRZdd[X[bbacic\bfdbb_\\YVZUMLORYZSVZZYYYVT[`b`\YTPW\VSWU\XWW`_]ZQKXWW]_ZLHYYOJJNZ\Y[^`[X[\UV[YSXZTSUROT\c_VSSVYRP]eebb^big`\febd`[OOU^baedffda`f`\\ZRNSYZ]]_Y]]SNLOOIMViljlf_XPMRVWVVWWOTZZXTXcd]XW]ksqgX^_[b`USYagihcYelkd_cgg`XYZ[_`_d`XSXfkjffb_d``^hnmja^[[]Z[`e^Y_b]_[^jnk^Y_ceheeebXNUXXPFFFOY_\[]UEEKQTNGFGKIKMLKUZ]]ZOLMNLMSV\`dded`[QKRMLPQSTTRLDCJPQLMTXXZWVT\ZTJLVVV]aYNPP@CKPX[\VVSUOLRSPRMIUZSLGDNX^WSWWWYURQU[YSURJMPPT[YWRKR]ZRJNRRQRVPFJMOY_YOPTUWTUOLQ[[RQWXOHSWRUY[TLGUWTUY]ZYXRQPOGIQQPQUWTPMJMWULN[__[UPLIHJPPUYUQZ`ZSTONJLLFKHMOPPKJIEIRTSQOJKQKDDGOKCIQWWTVWUNMUVLKPR]fg`[_cc]N:JWab[QMPRSQOV]degc^TOJKTOTVWY[YQPML>FT[\[UVTNRSPNRWTPVVSNNYYHANOFJLMOHDLSSGBEORW\\YSYXOHHT`cZNYbbeonf]XX^^^bc``fi_BJSXTHCHPPJIIIMWdfa[^b\]\Z]YVPFHUVTZPKNSWWQLORY][W[\U^d^MNUXUUUSW^`\WY[b`XWVQU[[\`c^TRZ\bjfXRTVUXXWXWUWWWTRYa`ZQHYaecWPQPOWYVSTZ_XXLR[\VVSPUOPVVPLGR\`_UOW[ZRTYWSLOORDBQRUZTIHKLPRONSWQOQQSTUWRPRRX\_XPWZOHNYWYYWXTKLOLQTX\ab_\\_WT_gozxiZXVVZ`adggigcYRT[XUSPVZWQRTQTQNCHU^a_ZWNKJNONQRX\_aa[YY\acc\[ZURYXVWY]XSMPR[^b`_ZT^a`owxwh[VVON]ef[UTZ\[]`[S`fea]cc_^__\WWNUWURPRRUTSV\ajjc]XVWZYOMVZWWQQSSVUSJJRRWXTGHQVTWRKOZ_\^a`[a]WSXSIQWUTWX`eb\YY]YXZWMZacd`\SX^Z[^e````]TPXbddaXRQPXYZU[]\ZX[WWZVSPNMPWVTTV[ejlgbdf^OMXYZV[achgVV^]akg`__\lsi\KPV]bYW]_]ejlhdjhd]`ghaZ__a_Y_caXY\cjhedaZY\W\ipnhbcefe\[__`^YUY``bijaZ_ecccab`\[]bgQMJPVTOSVX\TWPOMQORSSROPUTSXdgdZPJMDCKOZcigebZSI?DHFGKLNLPPH@?EMRMMRVVROKLV\Y[[XPTZWTPRKJKGHSWY[^a`WHMSNOOMMUTQJHTVWRUUPQOMMONKKMOOPMVZVTVZULOSMHEHGIIKSNBLOVVYVVXQJQSSRIKEDJQY[KPXXXRWYVPRVTSRS^_VTMJOVWVUQQRPLWWQJJORPQXZUTTOKKOLJKRSRMJVRILKSUNOKQPOOBSWVQQFDMTRX^_WOBMY[UKHOXXXRUTST[a^USWWY``\X^a`ZNMPQWa\QNPQVY[[\\ab_^^UNOPRSPKW[ZZVGH?DSWXQMQLDFLGJMOUY[\WUYc_REOTUQQUWPCHJHPQMOYXTWX]^b]\RT_aXNVbahpl^TZ_b\X^]VVkobSQUYWTQPTUMC@BFR[a\WW]\[\_aXTWNEQW]hlcZJKLEDFMRY[[_^W`[RPW_\[]\[__\ZYY^_^]ZVUUSOYY[VPTVVYa]HHOX[UX]^XRVXYTQV[`bWPY`bc_WQRXY[SLQ\\RNUTUTSVWTWQCDLMIBMX[^TMTYTHGRTTMPOOJGOTWUPOQPLOQJFEKNUUUTQRTQMSUX^^VSPOTUWZ\]YQTUSPRPQV]bgcZNPXXVUTbpz~sdUSX^][\horvnaSQPHP\Z^_]WWSRRTWRHS`ddcYRKJNPQSRQUWVW[\][[``SJUVS]XRNJWWPFGTYY[ba[UX_ajz€{iXYXSUY]]]]YUMRTSU]cb_bgfb^`_Z_bUTZ[ZZUPTXTNZdcb_ZTQX_^X[^[Y^_ZRQHT[WRSPILOGLONPXWMFSZ\`b^WZXVZ\ZTTWUVQTYbaZRLTSW[Y[QPY^]\Q?IJKUceW\gi_SQT\[YQLHIVZZZ^a][UYTTXRQRRSQTZXPTU\_ccaef`PQZSVO[_cjmaZb_bhgbddbisrhYTQ\][]adccfjfhnj_^]\[][YY\]]`aaa___fgcc^Z_\LOfmgff`dfe_Y[[`]Zaed`^[_[`cfca_]^[]egekWUXXSPLGDU_aYOLKRXWWTTX[YQWdgd^RKHEEIMUfrqkje\YMJDJQKFHLJKMINVVQLJKSYXTG@@NX`ijkd]ZXUTNSXRKLHHQ[b^XNLPLIKNIIRKOUTWUUYYUYYQLHECOUSQPW_`TTYZZL@QTNIDHMOR[WJKSZXZ[XVQKPWXMCPNDLRZZQPXTMLT[\XVWZ_]WZYURLKISYZUTSLKVWVPGILJIRYXUOLADOTSNC;JTSPOIJMOV\ZUSQRQVMTURQN@=KNPV`_YNLFKNFFDISZZXZWONV\\WUVY[`_YXURTVWVURZ`\TOJQLKS`b`VSQSUTZ^WKQQSUQW`_RDMVYVVTSSRME==INNRZZWPV^ee[RJILFENSQJKNOWXHLZVDIQWXW\ZUTZWOKJ^agtwlUP_^YX`gcbhmcVVWYTX]WTPMD=DNVNKJNSVY^[\[OGJOKR]bksq`UWQKGOURR[]`[]_\PQ\`b_\Z\ZVWXY]\\^ab^YWYTW[\[WVTMQ\_UNRXUPVZ[\\`__[RT]`\VLOOUW`aYRY[YTPU^a[TUXUUV^YRXXLMWZWUQINNNSZQECPXZWPOLFONOPVZTLTZ]UJCCFCR^a`[VX\ce`TNSTZYWY`ggd]VUVVWXXTRUWTR[[XU[^]ZVRY[YVTZ\ZUVQRRT]]^`]Y[^^SOX]^fidejljle]^^chjhea_Z^`W\egec_dktwthc_YZbaZWY[]^[\`^\[_ef`_`\WPZcddhje_]]^[TXdablld__]Ybgehmolljhhkf^goXSPUJUY]^bd^UPUSQPPLKKQUPKRX_cfa[WMKMOI\jjekmfZQFFSVOISQKJMOLLNLFFIKRVLDDFHMT`ijifdaZRRRTUWZVQO[b_UX[ZVQMQRTQMJIIGMPPOY\^ZSNPLO[^^[_ega\USUOLIPRJCHQPQYZLDSWKN\[MISSVUSQSQPOOWZWPKKKMX[XUTUX]_XZ\_\TSULPUVTYUPYXVWSLGDGONTY\XJMOGGEDCBGOSTRQUOV`^RKGOLDHEDGF@@GLFMY_]VRVPNIKK>NTUOMPPLHMWWWVX\baVRPMHKQSOPX[VTRKLPJJ`jjZNOTQSWZSHRUINJRbf\OQZ\TSMOUW[\VQRVQJNRVX]\_`^XPB;DDNQPNMGOUSPUXWMJNNMNRTMTWTPQPV\hƒ‰hKW[Y^dlkdhjaPHOINRTTROJMMNXUKEGOVWUNOPLCBKLKYejjid_]\YXUTSPQOSY\][]b`\\\^XSTTV]][VSQOYTX[YWUNOY]YVUQV]caXU\ZRTUVTY[\\[STWZQKEFPUWY^WOQSVUYZ]\UKCPXYUSSMTVTU_cZSSKJLHTWQOMKWZ\[XNDHC?CO][KV`bWNMKLQROUROLXWUSUVZYRU[ZROPJSSXUOKGJSMRZ_bili\TXVV[Y`b^fszwgcfkljefgjhfbb^VS]YRSTWYZYRQSRV\efa^^UNOUV_fe\QJPPLOXfeXJSURSOS_`TCNSRVSMV[VVTUZZVORSew†„yiVQWQOOX`dbec___UV[XYbffa[WZ\_\UVXT_cd_U^badcbjjaNU\]]ehllb_]YVT[feklkcOJOSRFN[[UTXWTT[]_ZSSUQU]]UQSPFMPPMHXbVDTbc][\\^ec]NMTYVVOTX[[][XWONR`fbULNNRUOMU[]W^ZVVXQPRZZ[Z]]WWPS\dfc^Ya^ZSQQSPXYcgpne[[]\``XQS\[XYWRagcabfnw}{tk_QQX^`_]VX_Y]aba^^_[\\^[TSSZfigggc]RZ_^[[]Z`ihikkhllmhfkljgedb_X^ec_QORMO^fhg^KLPTZTMQXWPMIEBKW_efdcaYGKLETb^_dhaYPMNTQE@MOJSZXNDIPOOJMQUQONOMMSSWYaeb_VKHBLRSXWUUZ^WX[^^XSMKQTOORMHFMQTWSOQUTVXVPW]ZRSY[^YMOTSMLLPKDIMRNRRLILVTLRVSKRRLNMSWQQPOUZYWNIHSYXUWUQIMV]_bc]SQSNIFQY][OMLHNMNPNHLPLPRONMI@CFKNOGEJSVTUV[ZWRORON@GN;JOBO\]^\]\VMSTUTRZ^`ZVTURSQTUPNOXXYdlhXNSVROTRTX[[TNLT[YPLIFMV]`[LLX[WVQKFHHLV[ZTMVZVMGEIDHJMSSQLFMZ[SFCAHPLMIGPOMOLLNSURMRX\VNSQJHLMQWSPOWUQUZWLGLONKPUWWYTNJGFOMHMLOQQX_b_VLVZSLNKLQWUOGHMSXRKHHSYZ\WKFSXTYYVSQMIS]\Z[YXRMOOROACPNHDDEJFKJDIWWZ][QNKOZ[VXY[ZauƒzhYPTUVZUS\^\TRUUPHFLNQUSJT[ROUSNKHEINNSV\`lomd`]\YYcg_[RSPPS]_WUU[[XYY[`g`ZWW[dgf_]^ZXVY]^^YPGSXVFBV[de`YXZWRXX]YTOSVVYULSYXVRONTVVUHMSX[X[]ZW[][NQX]ZSPRXWVQTceSY[_]]YRFAKNNRSW[VUTSILVSUWRGJNLNMNRSW[\WKQZ]ZYRT[SPUVRQROMNPOKNFES[jv{rcLBGQSX]aZXanwwr_PSWTXXZ`[ZWOTUPSRP^e^VSQRZ]SNMPKU[URSQQST[``]bcec^\a]WVWSUUQRYYOT[`hie]XTT_`YTGOTVTVbfiljhheaab[XXV_hgaaknoif_`_XX[bdehiffhhd^WX[\QQRX\YVWXaaWQZce_X[\]chhbVLX_]YPMWUW_fd`XTXYSOPPTZZYZXVNAGKSSRVSTXVRSYdicVbbSMPVZ\VQPPN\cfb^WPRW]fgabVSTX^\YUUSQS]dhdZYWSUQTRQX]_^aefdb_cffd^[^bdga`nngjhnnmmhe[WgldYXYV`jkjow{unf[_begfcZVZfjgccbYUWXW]][[ca\^beikfbUOIT^`_dfilfkok^YZ]`]]^c[U\^`a_^]bIPTV^c]QMQOGJKPYWRRU[^]W[\bXTX[XURSVVRYktrlcee[KTUSOOPNNRSXYUSW\\^^YQPVZYX\[[TTWOKEIPWYYYWWTQRQRQX[YRQPHOSSX[UNLTR[Z_[UVX\]^YPTZ\VLKLJNW^feVJOUXXTOD@CEHNPKNKGEJQRQPSNJPTSSRKJKLPRSTPRUQKOPPMW]^]QIQXWV\YTQQQURRXWNLSTWOLFQVRPIJLCLMKQQOPOEMNJBDIGEOPF?>GWYNDIOTQLOZca[RSVTU^\TSPSX\\VRQOJSWOMMMRSPPPKLMQRTOQOOSQSWSQQUZ^XQNKNQXVRMQQLMMKHJRXW[XLNS[XT]]VPIGNYVQOTONRVURKCHQTOLLJLQXYPPX[]]TMOPP[]RQTUbhir}xeZWWUZSOLW^\WVTPIEFKHMWUIP[_a_ZQU^VSJLSTR^flmifb]ZSSXUTQNPVXYXX[XWXcf_Z]b\WZVVZ_cb`b^\X\aa[URPPRWWNJSacYURXZWQWZ\WNMOKQOOPVWXXUTVRRYVKPXVNY\X[_fd^Z`][^ZPSa`TMWYY[ca`[WWQROHIRSVZPNNIGPMAP^]QLKKOVWTSIGPKLOQMLMRVWMGPSKLWZWTXSNSLKRTWdqobUNFKNTRUSX^hnrldf`^\VTZbfe`TTTSY]]\[QOTQTV[SEKRSWVVVOJHQTPQZWONTY^TPLSWSPHJOBFGERY[\W[^\[\TKKNMMHHWXMLOKOUSVTX[[``]WQPRZXOT]YSTWWUVTMPPOPE@;CVVOLNLPUVICCANZYPPSONZYTQVXUSRXYVNFIMIMVZUMQW]Z[UVTSQPNIIKOPYYVTQOOQRRQQPIILW\dcUJNWY^ZXTX\]baZXXQRYYZWRQOLLLPTOOPRYUUVV^^\SIS`[PVYOY\V]_[WYbfo€†€jWLRTO\fcTTTMQURSSTTQHDKGHKJKMHHD?DNRW]XPOV_gcWHMNCMUSKU\_afd`\__ae^TSU\`[WZbd`XZcfgb\XWXXXW_\YX[UIKNRWWQKISSKSYYVMPVY_egklf[TPENV_^[TKMXQVTVT]]^a^SYYYWVQTWI@Z\a^VXUZZNMUXUUX[YQT]b]TPO\_WTTQT``XUUXVUQSQHMKGCNOELTPUPMJOW]UJEQXYTR[hv}|nUZ]XVQQZ`a`YZu€ƒ‚xcKQV^nojbY\_[W[UX\ge`^UJX`YbdZVUQRQRVWWWXUKMPTVYUVUZ]XOPKNSSPHJIMQTUX^XWVTUQMPOOR\b[SQMRVU[Z[YY\ZOU]^WXZYUMGR\^[V[VONSUW\ZUXVXXTKZbbenpna[SYc_^\YS[`cb^]YSQLNNHPWX[ac`TNR^_RGOVV\]TSYSNWPKHW`c^ZZ]`f`QZ^_`[^]NOUPLU`b]VXYUMRTZYSYaa]WUZ\Z]^^\VX]cc][]^\[XTS[ba`bgprm[_eebdc]agb\X]^_]b]XXghdW]edffgmjhmrrspruvvqifaZa`UagcVJPT^caadacbWWVSX__]ddYVRQU]ab]]c`_acbdfcb\XZcmqofYSZ]ZXY\[VSTGB@IQSQSQQLLSVTXYUUNJRPNF?CFHJSXUKNVSW_bfbfaUPTVY[XRNSWTY[WVSOSXWUQKOVW\cb]QNSTKPQMVUPVXVQOMKCKMCNTU[ZZVVONOSNHERQQPOPNMSROVXYYUOJPSVXQV`ZMQKDNRMPUYSPOKHKWWTRTYUFFPUQU[\QKS^^bQJIRZYTWXPIE=BLUWNQY[USOJKSVOMMUSI@FOOPRVXZXTW`dYSMQWTMY]WOV_^VSWQLOLIKBAKRWWOFFLUSQGE@BGORQQXdhfVHSWQJKZ`\NHNPKNUZ\YQUSSRVZ[\YWNIKLRZ_^WWYULNTVZ[ZUSVV]^]SIBKLLKIKS^c`]XTVZ^UOSTQPVTOEFLONPVXSQPOMQ[[PQ\\RUVQQUTUXTV]ael~‰‰€oc]YQ`jg^YQJNRSWUXUSC:DLOUXPPQJ@:GQSY\YSW\`c`SROIKYc`SOX[ZZYXWTZ`fh_X\^`ZTUU^a^_^fd[Y[POU[__\WRQQX\\TQUXUMQQPU^ebVRWV]cikk`PLSSOW[ZUTOIMPQRY][\__``dcWQUXS[UOZ\\\ZUVTYTWc`[YXUYXZ\b^OGO]f`Z\VPTWTV]``ZPOMLQONFJPPPPRNPVTPUWRTXXYTMSPZjy|t`Y_^\`cccebYQku|ƒ‚r\ZYdmpmgbaa^ZU[YY]c]\YW[XUU[ZTWQSSN\^XTMJEDMPUW\\RIWWUWTVNLKLU[VWXXZ[WSSLOQUUPKHT^[YTNNOMS]]ZZaaXWZV\]\TPSRZ_\YUZZ]\_^\URX^^\]ULZaYSanplaZX^_`^WHU\VROQ^e^SGEMOZ__`b^ROU^_YTU`ab]NCMR]deUJPY^^Z[^``cgejkh\adUN\ZRRVXWTV[VOV\VVOYa_\YXZY^_cfc]XWY\VTY`Y[__^VWSZgnrslc[ba_efabgfecfloljf[U`bcgkkjbbiqoqvtnhku|xnjc\]_bingWT_\_gkf\X\VPSRTU\^`fkhcd_ad^]]XWZZ\_abbaXU[`ekmjcYVXZ\XTWW[\[[H>CQWXZWTTVWWQSQSRX[]XURLQ\VLUXNHRST^a]YZcf_W[`YSOIHKIKKHFIQQ\_WJBILSUXada\OMOPTUPUZY]`_ZTQPNQQHKKPZ]UQNHJSUPKDILMNNTSMQRKOTROOPPJQTUSTUSOOELTUWVWWSRR[WRURNRUXRGIMTXZ\YUSUSX]YOLLV[\^ZTGFEGDAJLJEJLKHKU[[SOPR[ZWSKRROCGNFCEPYTKGHVYQVVTMX][VVTQR^^PGKQQJTSFGQX[XLLORNFKQPJXegf]TRRPHETcaSQYTOOLLKTMEGHGLUSRWTMKKNPVWWXX][VOILVVXVPLGGNIKJD@KHIKPTX\ZXVVS\_VOLHBKSXUGHKMOUTTNOLOPS[\QJVYTSOHKJEOSPQX`fbk|ƒƒ{kaWQWbeec[TQKPUVUROJBJPVUWUUWUONPT[da\YWY]`]_a^RJ\ebWGLTWTW^[SY[be_WX_`bg`PRY[SS\^S\fa\\^deZRSKQU\]]YX\SPX\YTYegbYXZ]cdfg`IOXWXWY[ZTMLORWY\[]YVRQ\Z[ZV]]Y]ZW`ZYUWUVUQUWX]`b\TSRQM\aVIGQ][X\_YTTWXZZXVMOPSUWZVIMSUPJHLOTSOHLTWRMHMSXWcmpp`]hlhlmhilmbPYbvk_d`ca^[_jol`YXVOSYVU^_\Z[UTXZYTQRQOSQPQKHDLQRNV^WKJPUY^c[VTQW]ZSW_a]TSWSTSTQMPWYcih_VXSSSWWUX`c^SQS_bZSQVY[[_][]b^`]^a\UQVTYYSOWXTQQ`otqaZVXWYTRYRPQNF]if^OOY[RTSTYVQLS\[TNHQ`a`XNH[eh]UKOUZ[]]ZOT\ed_^ZT`d\]e_QFJORVZOEMWYVYGHU`c_WNORZ^`^ZUVUWUUacWKPRWVRKVbeeikjeddbddadikdflnmed`[Zbgmsrlccbgjotturdgpx|xqnnib]Zaimg[PY\Wcnk_XUVW[][W[_\^`feeehifd_VY`aaffcgd\X`bbbaYROVWUY^_^[\cVQT?FIMNROWXUWVWSNUZ^ZXVSSVZa_U[ZOJOQOU\][X[ZZQQXUOFGSVOLOSSUUQRRHFQKJKNRTX\WQCFUXTPUYV[UYYUTXZZTNKIIRZYVXUNNSVOROROD@MSRKQUYVXPIAHJPVSKMTURRPRQRLHFLOS[ZYSMKEEKQRPPUWTPLSY\_]YXMMPPSSW^YNCGNQRHB>@FXYUNV\^SEKNSY^\WOHKICFPUVPUUNECEQXRJRRKSXYUNJPUZULMU]]WKOTGQVRVYSPSOIGRVRMS\ca]SSTTRGOY\TUVTNPNNRUQLNHDR[QSSQHHJLUVPWXV[`_UMNTTTTIEIMRRSKSTUQISUTPPOOYZVOIMQTSSQVVQMTWUTRLFOSSURJRRONSTPKKMLLGGTRPRX]``gv„…~cZTQ_dec[VQOQRPMHIIFQUQOJOSZXUUOJYcgje[TQVWbfa[RNVZYNFMQMTZVU[ab_ZY]^df]ZU[_\VX`a`ehhhf^fke^b]_aYW[SRRNLQWZ\[dhaXUHW]bdhfb^\_]\Z\][XWROSX\_\`^UW[WONO[[Y[XWYSZ`gcXVUWUOKXYQINVVRW\VRMLSSNTZWOPZ^[Y[WRVWTSTVQJPXYVRQPQROLLRYUTTX\[Y^\]Z]\`dkldabajjdadayˆŽ†m^imd[UW`nuqi`]TGKOKS\da\_`VR\`TSSNFEGEHQPNPQLENWWTLT]WU`ca_SRWTQU\`^XRPRMLTVVXYU]kldYVSSUYYUQZWOIQX[^WLLPRPWTSWXVY]Y[ZYVRMV\YLOPPQUU[ltvpnh\\cc^QGQWUNS\YXV^b_[SKMVTFQ^a\[\UOX_ZWPPQXUUUURUZ\\\XY\`ZY][VWaikkh]WPSXY]UIISXWVSVV_db^TVWX]WX]a^a`^\c`WLGMT[`agfcabjjjmkc`^`abbdinrj^ZW_biikmi`^__Y[dp{€zrpqsroadgda_[U^jlcYOOKP\^__^^ee`ZSSZUU\edb_acad`PQW`bb_Xdf^Zbfa\_\WYWV\a^^`Yae^[]WDIQQQTKIQQQW[[UOR[`]YUTY_aZ\]XNJFHJTZ[YTQQTQNQRMMNTVNORRSRNMPIGPROKPV[VUPLPONNNNQUUNTOGHKQQSXQTRUVSMTWVWTIHNUWWTUKMVSOIIRS[\ZJHJSXXTLFSYVMPQNKEDHSPNNTVPLJJJIMUXYY^ZLIS\^ZWZ[RMOUZ\_^QEBEJKW\[OQW__YVX]]USWQGJQSSQOKPSRTYVNOWOKQQMLG@GNPORRRPUWRRY[ZRORKF@NKMHKUNHMI@NLHONISX\XUOWSRSPSSLLLFIPOSXVTROJBMQV\\SIC=GSWMV\ZXZWMQX[WMGACNV[YUPRYZXOPSJKQLTZ^ULIMOQUWXYWRP\b`\[XTWWUWPIFJGHNLNONQTNLTPPUSV[a`[k}„}nZQSZ[`\VQVZZUQMFGOQWWSOQQVcfb\WWU\cfdYMMUY_dcaVIMOQKHQSUURSRTX[\][Z]_c]UW]ca\`a___cccb\[c`X[[Zd_[WRQWVWVZb]T]]Z\[TPY\\]`dc_XVUZ^ZWWSPUVTZ^_a^VSUROHNWYY[XVONR\fbTUY]VVPTRGHUW\]_b]ZYSVTOTYVQPRTMQWZZ[XVPMEKLPUV\YOSVOHINUZXZZY]XOPOGOY\Y^cd`ZS]dfeckgm…ŽˆoVcfc`ZQ[nund[TZPLOPSX]a]XXVOU\UNMMNTTLMPXYZ_XINWVWZ\aXHKU\WLBOWWRX__ZYYUMWYTOWURU_`^TSVWY[]XY\UN\`_[Z^ZXUNKTVVRYWOUYTRLVSFP]][YYVWTX[fiqvtpiehkh`ZYa_[ZU[`]ajj_YSLQOP_e`WY]\SEFMRKUWPHXb_SVRRRYZ\Z\X[^ZY^hkokb[[Z\cdd^U\a]\\XV\]\^[\^]Y]c_Xa_bfb[TUYWUQS^]Y]c_Z\akurlfa_fhc`aaakpm`SS^bbd_dhcjojeY[lz€zokn|…{raW[[ZXS]dhedb`c`WR]c`]beaWOQMMR_jib]UT[[ZYU\cggb[^b]Y_ee`]aa\`][^][ZWWVXcdXT^b`[VPQQRV[USPR[fhaZSX[`\[^YVMILWbe`Y[[[]]\YLUWXVSQQ[ZUJIJQSSXTTOV\^XXTHOMSXX_hfaXQVWPFGMTX\\[[YRHDDKRQQDFKSYSMIJX[ZXUOMQTOJLOQZVPJKSTOOOOKJONOWXOPOTUNGELJNXWWQUUPNSU\TFLW\TTRW[^]O?DNVPMTX[YYVWWPLOVVUWSPNQPGLUHCEJRMH;CFDDPUNKGIJJOSUUUUWWOP[caRBIMPLPRKGFNOOVONTQAEFIJOUXQVXNELUUUQKFDPVVRUXWTJHGEO[a]VMC>FNSSTTQTTNHS^`UJLOMKQXUOGFEMSTWTPNLJOWY\WMHNOLMORRSMPSSQRSTVRUYVTRPLJILNQRVRKSZXTXSLS]\`l~‹Œƒw]OSRW\XY[[XPMNORUUVWTTWVO_kfc\XY]hibYSY\[``_\WRQSLRVUZUUPWXTPVU[[TP^de[Waa``ejh`WMTOUV[c_WXVY^a]RPZ]\[[ajbVXVQZ[XY^\`YTXbcd]\XQOSTNMUNMT]]VNONSZY^de]VQPXTJFQUXYYYWSUWVSJFIKOY\YQWXW[ZWTT\VMHGGLMT[YQPTL>=NOMOWWOTVMDFMTRSOKKPSPOK>DHKH@MUZYRPUY]W[\m…“„yl__^[SWdmk`[RWSMJPNTWZYWWQPSVXVLNX\ZVNINUY__PJNV^Y\^VNQMNONLQVXSTVUVZbb`[]]SS\]\WW]YPSZYVPO\_ZW_aWQW]VSWWXLLTXZZVW]YXZ[YSP_bbb^_\Z[^][djonolgdfbfkgfcbdfhd^fhb\]WVUT^^ZR\`VOLQZYV\\XU_ee`\XWZ]^aYRX_ed\`adbece^UZX]_aa[bc__YT\aYTY`cb^ahbV[\[[QQTPOSYWU][]\[XZ^Yhnpleegkllid]Y^gkbTVW[\^W[fhmqph]Seqrooluƒˆ†|gXXRQQORUS]cfekkeWX[VY_aZPMRXWZ]`da]WW]a]\ZZbcggc_a_Z^efa]^bbcc^XSQUTVYcmqk`]`]SWZZUQPOKJPQTbcZMMS]b^Z^`TFELUY\ZZ^[UT\\\TOVXVTSOOXUOEMSQUTU\VOZWTXYTSPRWY]dbaVLQRQLHOU]^aVX[WPRUUTTSLKLNPONHIPPTUUSURSPUWUMJAPQLQPQTNMTYZWPPPOPUTRLSVMKVUYYTOJKKFJPSNRRP[_^WSKHLOMOQLPMMLNRQTPKKKE;7DGIGQPFJPUXSK?MTTTZ]YQSPHIPSVOMMMQZYRSZbb]XPPPMKGE?DKJ\jkjqy€ƒƒy`V\_a\UU^^YUSSOMJOXYTOPSUUNPWWR`gkhdb]TU\]VQW]ab_YYT\^TIQYXNJWX[aa\Y[]bfif]RT`a[T^b`WX]UO[dd[^[\cbYU\][ZYW\acbb`\YSOT[[]^\YWWWVWWYWXWWV[ad\USW[Z_c_VXTVY_^YPECV\YUGIT]WY`c]WSOLPEKXZX[]\TPOHNT[\WQLCNTT[bb[OHQRSQTTKNONGKTZ^^]\PEU\SC=@@R]XPTXcb^^XZ^^n‹Š‡zm^W_i{ŠŠh\WVSS[c^QNKOQMKLILNMMLUZXWSWWUUSY[]cbc__ZRSTUYXQUUUQUY[]XORROOKJQNTUURWX^^XZ[]Y[XXYRLLNRSVW^\W_a[OOW[ZPRXYTQUYVSRTWXWVQOVfh^\]U]akx|}xoZX[aec^[UGFNKUSNQVW]YTQR[_`U`aZVLTWTZ`_VT[WWSLNY_a_\YVPPX\]WQQUX[XMUVVZ[UNP\ZUSRLMTQGOUUTTMKMRXR^hi`a_VNYbcdfibXYfljc\X^gbTOX]Z[]^]\[]]fg^bjjmrqkn{„ˆ„zpqrhXSWYVPU^aX^fgjhcb_`__]VQ[cc^YZ^cc]XOJLcrƒvmahsofa]\_[WTZ][[\XV[[\_]a_X[^ZSRSPUTVRRNLOTVX_ovtePOSPOPTOPROQMRRS]`dc`XWQNLTZ^[XTLEELONOSSXee[OGV[VKFDLRRRPT]_Z]_[WZTOKMNTUOIGJW[ZTTXRRRTTUTUSSYXTQQSRTUUZ]^RKNPPU]XPOOSZ`c[KKINWUPSUPKJPORSUZYPBNOGSXTMKILZca[TMMJKQSUJHOY_a[SMMQOUVVYTQPSWZZOOJHIEDHHOSWUVX[YUV][OCFGA@IIQPMLPSOMNT[ZPKKRMHBBDILLQUWUTWZ[WUUOOcq‹Œ‹†xh_\QV`_YLEJOOOGHJQUZcecXMGMLIESWQUPOMHJQPTTSTW[[\_VOQZ]Z^b]U[[X]^XX^_YVY[]\_YZ]`ZOS`a`YVZ[WPPZa^UV]ef`XSV^`_XSUXUVSWXZ]b\SV]ZRLMWYYWYZTNPUYQR]deWP[^YVVT]^UOUPNTY_c]\ZbZRUWWSX[[RTWT\_TSMJNNKVRMSUQNQLLRIMSTPUOILROOPLOW[YTQIGOZ\YUVST\YQOMQSRRS^`a_\`my|ƒ‰‚xkULY_dimjhaWX``a^XVVXUHAKPPVXTPPO\bed^ZTNCP`b_aaXXVVUUURYZXSJMXYSONMXXXULVRMPVXPHSSURPTNOWXQQRY]]^ZPU`]TVZ]UQYUWWYWV\`X]^abbbWYVMY[USX_^```nz}yttztlpnbZ\bhb[HP_]VYcic_YMNMPZ^[XTVZ]^[XVYQTX]_^Ya`_][SXYYUOOQ\]QNRV[\\\_YS\\SIJNUekjkd\QZVSY\\aecc_W\cefc\T]ffbbb\ZTZ_da^[\[WXZ^a`XUTY]bhe^^efhdalw|€€|ylcahf[OU]]Zfgkf\WLX^aaZY]ba`]XU]gjbWUZ]_ciirtpiUPZ_YUXWVUSVZUSU\_\^bbcgf[PVacg^\VUXRPSOPTYY[_gnmaZTUZYTPMPSNHMTY_]_YQSWPB>ELPQUQOLOTQNMRY^djke[LDNQJDOL?GJKPQNRRLRVXOLHIVZQOSRRVU[\WS\\ROYTDHJQQQLMTRLMKKW\XTT^^\^\TOPSQSQKNKKOUTUTPRLRQGHECITSSLQXWXWQQTTQOLLOUSUVMDSWTVWXVTNJV[[XYYTMOJSVTOGNMOSTHJQZVUOGLXVQNW^XUKLNSUUNNROIKVYTNYYXUQSPVQPQZ`UIKLG8>EPMMNOQTRTRPB@HPKJLNPPHAAFIHLNJLQSVSSSOQPNQVSPNPV[VQLLHJMKQRNIORPTX]\SQMPSS\WLB=BFFRXVRPMQQMLNQSRGCLUUTLLOMJGOPQNNNQUUWUQT`d’—Ž„uhVQJPXURNNOQSQFHQSTY^bc_UOTTOLUXWVXPKEMQP]`VOX__bfcWSUZZ[^_^^^]^[Yaeb`_gnkgc`aed_TZbabea^]]Y\YZVQYagfe`\__ad_UX]a\[_c`YUSNUZYVNRZ\Z[TVWVYaaXS]a`SYb\Y^\Z\^[UUXXNMYYPPUVUZRSUOJQWVYYYSXTQSRKQVVTSUUNDKSUOQJFOTUYVQNDGNU[^b_SMKKHENWZZVOTXQJJLLJGJUZ`bb^^m}…‡†‡€rONXiuyyscUVWTLRRRSUROHOQOV\PKVZX[WTUWVSTYbdc\WWXYY[VNNROPNJT][NJP\`ZVY[ZT@SVRONUTRURUUPW]\XY[\Z[XP[c_OQ^^WMFHNVZ[Y[VR`ihaZUXWTNPXZUW\]]]^jx|tlhnkjkljgigghX[jpjemtp`WRSSZ]ZXNROU[WV[\\\TUV]bYRW^\]]\\[]XTUVY[OHLMPST\`^USWS\OUdgfhmf_`[]XSVailjgbcea`]VT[cecacd[RTdfg_[XSOV]a_^ZXWSQ`f``ecdjhffiv}€womkhda[XPNVZ_fgc`[XXcc`YYVX]^a_Y\ehbYbc``b``cppjhg^[YW\^dbXTVZYYURUYZ`digaVU[djeWXXRNLO[[TWYZbb_ad_XX\_`[SSOFEFSYYXSQSMQ[YPOQSOSSTQLIW^[XW[[flmhc]URWMHQL@IMILOLQU\XU[YSHIU\VMOTVTPOUSMUOOZ]]UU[\^WQLPNSTNMWYVMHSSZ\[SXRRY]ULNQTXPPOQPNVWULED>AGGBHV[_YULJHKPVWTWUY\ZLBRVW\[XVSOQXZNAHNNSTQVWYNHKRUYSPOVZURVWXZUNMPUMHMKHBHLQPJOOPV[WSVZWYTLIQ\KSSKHLJE@EIOYRSQQKNSZZVRTTPNKQVUK>GPPLKTQPNRW_a_VUSQOSXUMOU[WNMJC?LQVZWRRRUVUY[VSPEHRWULDKQVUOPQJFMQOOIFKMQORZ[ZTPMNSVRPPXZXRPSUVWW`jq‚—š‹yl[ONJHHGEILOVXXXPMQRR^hf[PVYTUZXUZ[ZYOLTXdg_UQUUW]^^WTS\\XYW\bfc[UZ`WUXcihb]\bkoi_\YPOXZ[__\ZYZYSXZ^_ae^`^`ef`\]WWafg^VUUSSOV^[Z]YWWPER^\[WKTabYSV^\X\[_d[V\\WSLISRUZ]VQJ^Y\\TOUTWYPQPQX][VWXUOGGJKGLQSSOIHLOPLY[XQQMSY[^]UHKMSPNSUVQNPQJRZ^VMPX\YVV\YRbu„‡‚‚…|gRZiyyjWSTPLJFET^YUTUTNQ[YNRWOLTQRURMU\bgaQKSUTX\XSRSPSRN^`QOOR\`\TW[\VNW[ZQRXXPKHMUY`]XWZYXXWVOSYRKKTSQROJGPXWWTHQchbUROY[UPGQ_c]Y^a`\gt|thdbcdbffpnhfb^`mpkhowo^]a^]XVZ^^YONTRU]ZZ^_UWW^ZQRUY\[UY\ZXZZSOQLKPQOM?IQVX[Z_gfdca\]hehibbhdVT[ejmkf^^aa_^XV\agca`Z\_hle`YXYX`a[YVUUXXdkjhikg`a_mqpu}ymb``][TWYUW]a\`bda]_`dd_XXUOUZada\_b`fkoomjc^^fikrncZZ[X]_^\VVX\^`__XUX_edb`\W]b]S[`_TJPWWSQL]b`\a\W[aaaa^VM>EJOQSQFIORQNLKY]UMKILIGCV]ZYWWWbpkddaWLTQKJFBGMOMOKP][\TRRKEJKKOPTWXRNJT[WWSISWXTVUUWRFNIIRUIMSTSPJFLUXSTZZPX`a[UKIMTSRUQLUVSROHMGD>EL[\\[XSNH@NVVVSRX]ZRGS^]YRNQOQTXUPOMRHGLNQQUMAGWc^VSTUWOLX]XQIHJTUHGMOLORSRQQPPOTTPSZXTUVRNT[VKINVWNCDHHNQRVZTJKOTZZ[][MD@EKGBFNUVVTOTRSRSW]YNLOB?NVVQEHOOQQSJDGW]\YYUVSMEPZWRJEDJQMFBLSROHFPNINORSNLJOMNLUWLPWOJNUTVX[\][XUMOQZceir‚”sg[MRTOJEONKPQXUPJTXamqn^QUZUTYWSZ^d^TRU[^`\JFEERXSU[UNR[eeZR\ge[QSZWW\^Y`d]Tcknjb`[JNY`aa]^WTVVU^`a[XSOV[RVa^PPJXagdbWTSTWLTY]ZSNLTQPY^[WX^`^YYQSYWVRSWZVR^d_VPMPKR\_XOV[UWURRV\^WOMKGTZZWYWRHDJJAHKT\[VSXUMLNT`ba]UOWX[\XQOISXQRXZURNS[]_a[WXZ]`_][\`Yas†ˆ~{€~o_V]hs|xhTKLSWRJMW\\WXXVNRX[WUQLQWPS\ZTS\ficMLQRWXVSRWYZYUT[_UQ[\^b]ZU^ba^\ZYUU]\TJQQT[_^UX\UNOUUPOOPKQTRV[\WMKW[RJMSV\\SKKRXRINVac\YZ_fhkv{tigcbb]]hruoqqkkhdejnqlded[UHHX^_]VMSY\^[\aeb]_a^WZ\Z]^YY]\ZbbXOTZ[[YWPOMRW[]]`\Z[_aW`dacdaakjaVU^`\XZXY[ZZ^VZdjmlkib_defaZb```dbbfa^\^elpjafmib[govx{~yi^YUZ[XRWXZ`\Wdnng[TR[WUOUXZXZ`f^W^dhfhjmnkcWVaacmnf`]^]]Z[a`ZXVZ\ba[]\UW_dg`Z]YVZZchaWUY[XPTX][UZZ\^YX_`d`QIOQQPRQAJYZRKJPVZRJGHNSTUVVRTXZ\aji^YV[[YSQOMIJLRPMMN\]VJMPHOSOFORRLSXNGR\YUNMUWQXXOMMLIIELNNHIOMQSJBJSTOTXVQP\b^XKDEJRRTSQURHMUYWVNJHEGLRTMJTRLLNMPLMVULKLPVZMELNFO_b\UZ_XNEKRQWUPKU]^YRVRPTRLNTSRUTIGTZ[WNRYSLJGEPSWPLBHNRSOKKKMTUSIT[_XSQMGKKGKOFHOONJQTRQJ@CLNHJJKPTVJKVZY]SHJLIIMKJSXVSGGLOSWTTPMPZ\[VUQQE=NTRHJPWWROJHCJKJFHLMRSRRRXZWODGJTVWWTJHPPKSUVRT\ad`YVWYWcff|Š…zjVPUVMMLGMLOLMNMNXbntqeZ_b\VXUSX\fid^^\YVUURNIV_][XYSQ]hjd]RX\WY_a`_b\Zdig^^fie^XSTZ[_a^bd`VUW`b`VQPWZ[]Y]e_VSTSXVZ^XGIPUXUVQMIERSMJVX_]Y\d`XVW`eeZQTTOLPW^^ZWPJPNXXNJY_ZOILVWSUUTRYVZ_ab_]VMMOSWZ\_`\YUXWTSRRT[]aZSRTTW_`\ZW[VRT[\ZVVUPPOOTYTS^bb^Z\_[fw„ˆ†}o_VW[eqrdOAHRRQUVXXW[XV[XQVYUVMMV]XLNSRS[_a[MJQVUXWLLRWYaabc^XYda_]\a`]\[ZYXWWW^aYQRICIQUUXZUQQTTSQR\YS[Z\_XYVSXWFDWVV`bXOMPPQPWW[[TPQXbbfqunc_ZUZ\_dloppnkjeeenlg]^ZVQNHFOQWYVSSY^\^^YZ^^YYWX\\U]c_Y\^Z\``WNTWY\TU[YZ^\XTPPZaYT]ciif^Zdome]WbeYLW\^[TTXWZcinntukbb^\SS\_^a_Zahif_\clmf[Wggebcowƒ~sgc\bgfa\Ycfc]\blniZPMNIRWU_dcadd_\]_bb[]glbY\[abelnojfaeaZa`[Y\[YZ[adieZRTbeb_YRV\a\c^TGMNOKV^ZSW\a\VLKSY_b^WXYURWSFNVXYYWTOPRTQOU\[VWUTQVYY^^\ZWTWZWMFHLMOTRJINNNRPGHNOTRMRWXONWZRKJMPJJU\WX^]L=AFJOLMRWWNLCLSLAFPOPUZVLJWYYPH@>@MVRPRRSRU[\\UQOMKA?KMLGSQOPMHLDHYXQNNRTRNFGJFMbg_TVWRGFKPRRPHHRYVNSVRMEGOSMLUVSOERZ^XNOQQOUTNLQRPJIGMKMRMNJFNSVYWPY`^XVTNUTHIMRTXTLNRPOMLEFOPQQTPMPPOYa]Z[WQTVUXTGLQRXQJNVVVXYZ[SSQRYUWY[^WNLEHRXWRJFMLMPUUJBJLVYXYZZYYVKLOW_]^RMPQIGS\ZRLV_ef_UPMT`lklˆ˜ ™‡s^[WVQKIP\\SLHMSTU\afjd\U[XUTTVXVZ^ZSVWWY\[WWSLU[[W[]^XZdjh`XRNTWVYZ^\\cc`\ZZ\YTRV[^ZNRY^aZNUbebSRKJOTZ^`]a^ZZWWVYbhcULITX[TUWPT[\WNOUXYX_cg\MQYfmhZUTVVUSY_aa\TY[YXQNTYVITSV[TQUVXXVSY\]\ZZSSUSRVZ\ZUWRRY\\VSTVXUVTV]ZX_ba^\YWSORUTRQMOWL?LRQNR]`a[X^`ai|…Œ†vmg]WVbji_Q?DQQQY\^VUVLJY`\RVX[[VXZYPIKLNQUX_ZMV^YQNMHTRT[`a_]VWa^QKQ^eWGGICLOQUX[WLIEHLNV[[YWSWQPOQY^VOYahcVOK=KQOPVPT_^XUQMLR[ZSW[_YT\dfdinlbWS[X_]cfgkie[W\\`hjeZWVVW\YWXW[^TYY[^^`\WOU^bXVVYRP]ed`][PQ[ZPLY\\]]bb\V`[OHR\gd]Wkquqiabhkfccbc\\Z`^XRWacdb`Z`ikeba^SOV[^]\[WZb`db]`jf_]X^innikry}zvtna^`a_]`c`^[Z^`[ULNOPTOOU^cce_\_^WMVTbijjdehefgikie`_ec\^cadgh^VX]fffb]^kieeZWTY\a\VUTKOSRQXXYZ]]ZUN=BPSW^`daWTSRJPTPRUUYXUNPXYXSXVRUWXPPUWUONSXZ]^[RNCJNUZXIKYWNHHFGCDG=ESZVLKQTPMSVLAFRUMNTQEEFDJUWRLOSRRJLPKHFJRY\YOEENSPIMLFNQWQGIQWTQT[TJDIQOJBILLOUSKTPROELVYVUPWWTOKMOKP]`RJOOKIKPGLUUQLFPVTSVYXUCDVUMOTNMJPNPLHILASY[YSKGJJIJMOLKGONLPW\XW[_a]XVTOPJKQOHVTPQOHMI@7ELKPZYRLHKSTYWMTWXWRTURMLMFCMPUWWVXUUXTPMLVXVZ\^\UMJKRXWVTSTVTSQOKDENWYWUTUPRSIJKRWYQNUVUOPR\deZRUZVTZ^`_^^hl˜¢¡“v\TTOOLT\^\TIC?KMOSNT^e`WROOZ\Y\XRULEOQFDKIIPPNPUYZXaaWW`gfcZX[[URT]_^VW\Y]]]YVV\]^b]TV\ccZMSdjcQOUX]YWUSXTJQUUSX`fid[VSY^YWWZVLS\a^[TUTZ\`^^VNTXcg^PLHHOTS\XZZX]bb`_]SSVXR^XXN@LOUSQNRKRX[\[RPPNJTRNPJNTWYXUTX^[TRNDUZVbd^[[WUXYZVRNRRSYTJJPPOOJQWY[X]^lw|€|nnldWZafmrrfTMTVPSTVMJFF[dbTL[]]\XVXVTQOOPRV``TOZXNRWUTTVZZUX^`b^UNMUURIFLSUYYXRXXVPFDNPNUaca\VTQPQJPWIFQ\beYWOEKVXWSPRSPW[WQLSZXSWX\UX^a`ad^^]V[b`\]X]dc^ZQYeb\fedb]]^]XLMV[XVOOJQ[ac[VZclli_XTW]babffcTHPIKZbd_Z[ac^\[UEO\giikh]^oxxrjehjehe^_`bb_]TWcgig``\T\egc^`ZTXWQRYXVWZ[^b`adb`ea\cmllecdr{xurmcTVVYXYZ[[_\_aZWKCJPTQTY[WY\[`d[QPWaijiifb`\[d_`d\S^eda`hooomjfa[Xba`]dhfcdd[MP^d^YZYWY[OLQX]_^WPVVTZWU]fb]PVb^ZSXSKIMX`aZMQPKKIJIILROLS]\SQXZZWSKNONMSURRMUab[REGOKEGNPUVPHOUSLOU[YONMRSMONLNNJHLVTNIMJIIBMSTMKRUZYWK>GEBCKNRSTTRHDN[`ZPLF97ISXSPPOQTY[[WVUQIMTQXZRPWWVTSMGV^]QPTSRLFIDCPTUPEKVZ]^ZYVPHOPSXNHCLOHGMLLKNPPTTSLBDGKNRPM?BMLMTTVQNN]^b\QURURQQVUYaUKB>BB>CJHLMXUMHJPSLFJOPSPQJFIPTXSOPOPJKGLSTQMHDLUXRNRZZUSRQPPOTVSRSTUVTMHKMT\ZQIAADJPPKKMRQOMNPHGKN^moi_abZR^_`]]`dhl‚‘•‹sd`SMNKGRUKLKHGGILNJP\``[THPZXRSURPSMJLJJHKMJNW[]^[WU]]^YXWWTS^_][^cd^XVTPYac`VZadda`]\^cgaUCTccZUY`ffb_Z[ZQNVZXX\`ccYROUY]ZYWQSUab^WPO[[[XXYZXOQX^VUUKDMR\^Z^[WXUYUUYVYYZWRZYYSS[X\__SHDRYYSVTUWWSSURONSPSVORRWRQWUHNTQS]UX\YUSW[YSRWWW[YWTSPPMJJT[ZYZ`ft|€{ld_XRYeszwm]NRTJANGCAFESacgmf`ZXYX\c_XQPNKNWZXUQSUYZULHRWRGQ]bd]Y][WXQMS\cba`^ZURPNHDMRKNZ]ZSKQMPLPSWQOQJETYZRBHPQQSSPTVZZYVVRHHIQ_`]]]ZZ\\TTTU_b^YXXZ^b`]W]_ZWVSS_c]TUQQTSTTROTUVZaaVNOU^hc^XY]``[Wbb[W]ZVYX[aYTWYZ]ZVRLN\cggia\imgljellggb]W\dccf^XX\[Ya]\bdb^a]]caVUPVY]\`a^^_aegf`beda`lrqiaemuy~„}skb_VRSUTY`higf]SUTWTTX]]ZR^aaca]W\dfcbeb__]^a^clhdeikb[cklmmppf^\`cda[\cklfaZ[fle^^ZXUQJHOQU\`VU[WPJMSV^[TM[gj_XNTPOMPY^WUTWVSRQONPGHNPUWSYZYSNKNTPMPOLJMNQ\d_RINNJELPLQTRIOZZMNYVUSTRRTUTVXVOGJOPSNQPFEHFGNNNKHFHW[ZKRPIGMQPULKOMGP]a]Q??B@DTX[\]WWYX[QKLMGFOW\_^WPPW[[SICJTTSUUVXOJMIDJSYXQQSZ\YXURQKMMQMAKRVYSHHNQPTSOQPLME@DQTPUYTOLNTTXSHNRQS\[V][VUSPKRUWWSRKADEKPLLJOLJRQSPEFLROKGHBGOONHMOPNPRNMRVYVVQOHLQLMSZVQHQVUTPMTVSMMORUWORSURPPLFFGJMNIGPVTMIMOOPOWalne\cf^WWWQWX_\O[l{‰†v`\ROSPLFFNU\XNIQTSNX\\]WSU_^SLUUXSMJVZVIKIBAQ[`ab^\]_ZT[e`[XWZW[_[SUUTSW\`hf]\`Z]b^[XU_e`ULR^baYQZ]]XUW]d`]ZQTTX_fkj_ROX^[Y_c_\ZZVMUYYUPRWWWX\U\]OPWVPUTUWQQSVYUURTRNPTURSY[aa_][VWQLKKJPQRYVP^_XVWVTTTSOTSRTOU\aY@BMKQYZ\[ZYX[^]VXXVW\\RRZVPROLSZVKSTYft†’ŽeYU]afkrpfUKPOEBTSMDA@K[m„~m]WYS\`b\TTSJKOWX\VSZ[YVNJS[SPRTYX^^^YVZYVT`fd^XSWWSMNQTYUOWa_^WOOLOTWYXPUZVVYV^_XJHHOUUPQPTWUW^_XMNRafa\Z[WX]^b^T`b]UWVYacdcba^YU[c`__cfeaZWSQQSRWV[]cbXUPOT]\OP^c_[`WEW\^eg_b_`bcc][VUVPNRTSX^ckiiklka`bfidgh`fgib^a_WZfjga[Vadb^VUcjcXSOSQP]fgaVQU\dddedcbcbmnd\^iqx„ˆ…uoigfgd]\adfdcZWZ\^[U\^caaXX`egb\[^^UYcf_]cd`g^boqoli`Y[_igjkrlfda`cdaUYehgbWXU[^[Uc_WKLNVTVZaa\[]XQOQW[YZUN]fd[TUQOSZ[^`b_WQRKJVWSNJOZ[UWXXXTMNW\[MFGMNPTSOU[[QKRODCJMGMUROVWTLKNTRQSTRRY]VQOIJSLMNNHF=:@CDNJGIMJPQ[]TQTKLHKMUNJPPRVX]\TAAHG@IUUTWSLNWVSQUIAGQW\\_\UTX\YRKJEJLJRTVWPKRNIW\]XYUPHKNLTWTIMLNDCSSNUTHHMOOMMJIEFLMEHWVGJXZUUSQOXTIMPOKNOLT[ZTOO<7GUVSNQILSSRUTOQTUTYWSYXTLILDCA@FQUUNMLICIPQMVXTTVUSLMMPMQVURSUVRMKFKLMLGAENQUWUTKKQQQQOOKGMRWWTNMTUJMPT^dc_bilf]VMMJVYUVUcz‘›™€iVRRURNIFR\YOILOPTY\]YVTX\^UIOVUZac_^VMMPJKRVZ]\XUYb``fff]_a^YZZVTQS[[\^aejjhc[X]]\\]`a]_]\`]SOU^`b_YWY]^c^TQPQX^fj`RQ_d`ahki`[YXTTTNT\_bdb_ZXZWQKRV\cd_XTTV[][URTXVTW[XRLUVRUNHMMOPWPJBNXUMZ]QBFOYZVSUWURQVZ``[OOYTSVVUSGKU^b[XTSWVZYWW\[XUPIRWRBLIPg{™”~eS[a``dnsnbTF>HMXUNQLLNVfyzi][]WU\ZULMRRMNTW[YUWXSVTSYZYUSRW`^[USVYWSTVW\TT[USSQJNVZYX[__[WNMSWXZWQKLOHJMRdkf[\TQZ]WLIRY[WYbfd[X^__X^de_]dfbWW[VSYVS^dace``a`chje`ekjc]`\VUVTHLPW^bda\VX]ZPMT\[_c^X]`_dXW]^\\\`]XNNNKJV_ZMS]eib_dbdY\]bhowvtrg]SZ][eotpc\\^ddb_`eeaYVWYWMOX^\YRZbb_abaabbdbd^_cklmx|{ywqchid^]`\ZY__\`d`ZNQYbf^WZbee`WTW_]\]`^``_ffehklhjg``ccmh`]c^U^\SVYTOVVWVVXXQUWTR^`dZNMSXQJTZ_]Z\ZRJQXYTNIFQYXV\^XNSWTSab`QBCHNXXTHKSVUQW^^XYYTUYTKMOMPPJLLRTPIGVYULIMLMX]YXWYNLJPQOSVSV\^[PIBMTSKKOMMJFKRYWNCFEG@OY\XRPOLLKURLNNQWZ]YXRJJPSLOX[^]XPVRJHRTQLLVWXUVTOTTSWTRKINQQ[a_\SGTXVW]VZ][TJABPTSRQQMQHCMLPTUPOOMMONLLMUYWQKWSOUVYVSLJJX[ONJNJIHMVNSHAHQ[bZQGFPQSSOLKIRTQVWTY]YSOHJNQSRQQSYUNMODEGNQTTSTZZVPKKEFGOSOOOLKNNHDDFCCBGJLPVRF<:=DILNPOPY]\ZTPMTWQLIGWY\^djjni`ZUQTWULL`p‰˜š–†u\QLNNNOOMQRMQVSUV[]ZNNMLOLO`mh`Vdfd]QIRXWVYXTRUQLTbdghcYQXYZUPSY[TL]b[\\``bc]YYXQQW[]ZU\cd_\XW`c_XYac_VW^ecb\UOKSZ\ZW_b\X]bfe`Y^XPPJOU]fkh^Y^YSWZYWZabYSOQU]YNNPNSRLRWUVSMCTXYURQRLMLOOLJSMHOWXQEJRVXZ^`\TQSUY^Z\\\XUUPSRKLUWYRKPNPQRTJNX[^\WW[ZP@JQQk‘•Ž…}gWZWQZfkc\NGECHKNGKMMQUU_kk_TOWX[^YRQX\[YVUZega^YRTT[aa[VSN]fibXU[ZVYVX_`Z\[OLSWPR[ZV[YTKGLFJWY]WVXXTLMSSV^da\ZVV^_ZUOS`gcW^haWZ]^_beiifaaacd``\V[US\`_^`\bfc]bba[^`^\_^XOQPMLO\_`^aa]\ZZQQUQQW`efffcc_WYbbc\TOOMR[Z[\c`SJPY`dZ[^^^ZZX_lqrne\WTY`\^ilg`[_eefchjkf`XTTXVRU[]YZ\a_\[_[[WS[`_b_dfheccmt~‚}i^baZZ_WXY\aghhc\RTZX`^[]\_]\UQW[^^`ca`cdif``d[[_abebhnj`dcb_cbXSOYa]UQ]`dc^ZWQRPSQYUSVWSJM\_\]a^QFMZXOHFKMPNNQVVQPSKIUYWQNMIMY]VJABCMUY[\_dba\TPPRXSLEHKLIMLLTOYY[NKFMUY[TUSYUTTQMP[XX^]UNHLQXXURPTWWSRRPLGNSRI?LZZUNIDGBMSPIMPORVPLPPSXWWRQSTYZYX\YJCMNMQTXUNRPIGIJQNTQQTNMS]bc]OLRWTSRWWYSOQTTWXNKKONHJHPSPTYXTKDPVYUSNKSSOSXTSTWTPSK>KUWXQOMILPERVOHJGQZ][UTUWSIKPMKNVTPPNKTUVYYWU[Z\\YXZWTMORPIOTYXQSWXXROMQSVUSTOKECNZ\VFJNGGJONHQURHE<<>FNLEINSV]cbXEIU[YSQQOHHGMJEGJQNMPLGJJGNRLDPY[LIHPQVZVLJEMMJPSQSPRXWSSPOV\Z]LOPLOTYXPNV`\TRLIG@HMEDNQLKEQVSRY\_bXUSYZQQSMIMUYZ]YOSQLJKOPSUUWPCJINTWXPJSWOGKOHMSNSZ\RHHPPRWWTQUWWROV^\UNRUTWRSPOUacaa[Z]XEGTU`t†Ž†vhdgaRROV][QPW[XXUYTOLPRRLMPT_jnlje`_YWVSSVPKNPUWTQXZSMOIQ[YYSVaddd\[]ce[YRVXNSW\YYX^`ZQJLVTRQ]__YNQYZ^cc\]\^[[_bedb_YVUWTOX`YUQWX]_[YJGWeifWVRGIKKLT]ccYPLQNKGQUQWY_^TZ]TFMW]\YSZTW]_``XUX[\TD?CJEBGJQYUWSZeb`_XY\WQMPOID@?AMTZ\Y\]ZVTSRNPLQUSST_`XUVOEIKMQSOMNNIDFQVUROMKDHHEBFBJTUVMNHJKTPPPMGVbdb_\^YNLNOVVJLUYXTOQRSUNQTVPA@NYe_^]ZUQQRTRPUOMLOJKOLHJKRQIIG@HTZ_`ghmicWO`u†‰‡{cPUQQVTRXYOGOXWWSQOUSRPLU]\XRSZef\PQSPLRX[ZXZTLQRQWTPRTVRXYWWWQNR[ZdecVX]Y^cjgbWGEXca_Z\XWZTPXa`VRTZ_][X^iqnaSX_]]WW`cX[^^W\`]^`hld][\^XNROUXSQU^geYOPZkldZXXY\ZYYOJNPSWSPVX^__[MKQMJSSNQUTUYZ]__QKNRY[YZW\ZUZZUV__YW^[TYVQPZ^ZVVTSUNPVWXQLNMVV[a[Y]jqnkecmƒ“›—‡okobTXYVYRGJKHJRUTRW[TNTV\adb[UWVPPUZ[UYXWSTSQOTXRQUQIQTZ^[T\b`UY[^X]cbcb_^_`^YXSJIPSMISa\RRPPTZ^_WUXUOJQTUNKW_bXS[[STX[RNPO^ggXTTYYML[\^__XW\YVX[VQLKPWVYZWY\pz}}ƒƒ|whUTUV_a_XUWU[_gkggfg^[WSTdpsld`^YV[_a_[\_`dhpqieiigcaYQ\fih`bcbaad[WVSSZ`c]ZWYbb^[\Y^lie_UY\\[YXZad`RT^^XN\a^U[dpojikokhkjgimjbXT]bbZT\[_`Z\cec_WPU[]\XY^]ab^]b^Ychjlkif\STX^b`\XVW\\YT[[\[YbgcXRW^]SVdjf[PT[Y\[W[_cRLFGN]djiZIHKMQOMNQUWSGKLFO^^VLLTPILPVTFDMRRVRMV][UMMMKNTRS_cff]LEKGDPOTPNPMNRROMMLMIGOVVRSOMROKJEHFR]]WQTVNKRRNPRVSXXPOHIU[ZYTVQRWYSQSYXOS]YRPSVW[\]XSUVOLORRSTRKLLJUPVXPNNJMORSMOLKI>EPY__TS[^UISZQDJQKAOVNIOTOBOWSOHEFGGLUUWWVZZTORONJGENKMW\YQFJLJFNNTX[WRPTSQQTLDCGMMOQPLADOVUV^_UOHMRONRRJ@EX^\SPSWZZROSPKKSYWOJQOPQLTT]ZSQMJECMWVRSU\]UQOGMPTSHSff^VJHNTRSLPUTRPUXXTSMJNFHS\WOHHFEMQRS[WOJIC>SRQQNSPOMKTUTMLW[PQNHKY\VORLCAGGLVXZZXXTOOMGH?GMLINJJQZ[QCHNLIKOOLU[XTW\YWUPPRLFOX]YSMCDOVXSRWXOIIMSZYPTYXTKFKKMQOJLPNWZ[XVUSNQVVJCQNT\^_VLCCB<;DKNGMSVTMHQUWVXTKGLPPMQWXULJSVOWUWeiaQLQWYRNU[]hrxsh\Z`k…‰tgUIWVSUYVKMJV^]VSUYSTTTX[\]]WYaaSGDIKJQTPIJVMB=EBJSVTKKRTVRRTUU_a_]XTSXX^d`dgd`ZUMYa[XZac][`[TZb^][``]\SW^_WXVUY^_[Z[agd[VX]_d[Y[XTZYSTWPMMONKMW^YT[`\\`YX[_\YTQSXYSU\ZU_]UQLSUVZZXRTLLRPKDPT]f`]`]UX\XTQQY\XXadc_\[]Z\[Y[\]]a\STZVRLQULIPRVV_`WR[WW[Zblr†Œ•Ÿ™„`WYRTTOX]WOSTOP\]TRRLHKLNLRSUSXZSQQYab^U\gicXORQUX[[WUSRQY_\Wdhfc\V^`[VSPW_YTUV\[RPRJDNRVYOV\SUXWY]`XR`c_[[ZVPJS`ec\RPHITWX`[QV^^Y\\UJNRLOVRRZed_\^ZUNGL[bZVSZnyxxwvpf___YVYVQSUV`d]\]_YYXdda_eigdb[YZYOOT^`a`cejg^SW\``]ZZUNNXX^ddhmkcf`^ef[RRYb_Q[cca``\^]eecddaV[clnk^CGXdaUWWYccdbhlmlkkuvlgigjb^db[TUajfd`WPSYWZWVadhkhec`\[YVV[`kni`T[ccagf^ZSZb__ab^XW[`imkfed]\Z^eddd`cdf]VRV]]Z[XRUPPQSTUbifZRJPPVSVXNHNPNLTSPLLIEGMLMLT\[NDQRREIOOTXXRNQ\`^TMX\[MKGJVWTOTXRGEHOJCMPI@@MTRQTVU]aUJKUURIOVSMNRTSRTWTTRLKHMNQTHEHCSY\YRMQUSQMUfie^XKLJJHJOQKMSZ`^UPPNNLJTTVNILJOYXYWZUMJLPRY[TQQQLIPX[UORQWZTEILNT\ZRKIOSMJUTVZZXYTNO:6IJ?HMHSVPPTUOQXXRKOOROMPKDHUUUTOVYWGNYcbYLDJWWQNTXUPQQLOVZVNTVMCGILQTOOPLNQUZUTRVXVUUKIUXTW\YRHSYPIEKWVQPSYXTRRXUVUVURSMGNWXYUOJMRTY^VdleXUVUWUZ^^]]cjsspeYYjw|~r^QPPIGQRKHTPRWXUWWTNOSXSLOY[WQVRBCJMPPRW\WTSN@MSSUWVVOQVXZYQOTV]a\XVYTOQ\a`^c]UQLMcjf]W^_[[_]SY\W[]ZXZUXX]WRRZ\[][VX]]cibZ[Z]^YX]YWXXWY]YWXUMOOY`_[]ZY^^[XWX]ghe^`[SVZ[TYVPKI=IQW^^WVXZ]^ZTRRV[\UU[^Z\YVIMOZ]_\_diia_aTIQ__]``dg]Y\[VOS^ZRNOHR`bZWX[]XR[eo‡–—’”•†pRQNJINXZQRVYTZ^XPNQNMONMJKJJSWWWYQJ_c_XT_gd`ZSW[^XYUQQPUZZWX_f`VLRY]XS]`YUWYPJKPLRURILMYWOUXMCPVWXTRSZaa^]ZYNFR^aXNRTV[XUTURRY[W[Z[^_WQLNUWU]de_ZUSQJDCSc^NQOYdjdekpcX^cbXVUILRL\]VY``]]Y\\\bcejgaYY]XQQW^dge]\`ZLY`RRW[_`Y\dhhlkhccfgYTXb_YZY]`WT^dc\UU[]YZ\]\ZXZfec`[RS^`][W^agfbchopkfnsuoge`^_]__SW[^gigeXTVPPTRQT]cjkljhcb^U]^`dca]`fc`^ad^[V[]]Z`daaabejgaccccbcbbgdd\]aec\XWSSUUXWZUQQVXYbmon_TNJOUTMIPY[Y[`[PBFGIJHMOOZZWSPSSEHSTJORVSRUYXWINY\VRONKELNUYUNNOQPHHOUSRMLMKLRQRRXWJAOTSECQXYVRNSTVULFFCNRQPYZ[YWVMKQSSTZYYVRKCKQSWSNMSIPLKQUUTVVQNPOROTUMLNKLUYQG=>PRRTYSSZWNFKPRVVVQMMPRTTMDFHLTTNSXQMNQ]_]YUVRJFRXWRGIE@;KRD@RSJIMNMICBMRPEDJLNQW^\WPSSLOPLU]ZOHSVSNRXYXOOWWVYSUVTOSUNW]XILWZ^^RDENU\YWaieca\W[Z^d^PTZlrvtnfafry}q_YXPKFMU[ZZXTUVTZVTXYTY\VULLLJMPUWWRVUMMSMKJDMTXWWPLJKQTW^_^YXUQJQUT[XMBTad`\VRYRP^iiaW[\]Y[__UNVab][[\]a_ZRSbf_XPSWXYdge_^X\\ZRRUPNMQUUYYXWMPV[WMKTXXUZZX[QYfeb^\ZPQSOHSWXVXTGIKUZcZ``fh^SFQVY^\SQ[bde]VVY\f`]_^be^\^WUZda[]^^^_[YWPRV\^TUWW\ba^[VTYST\cax‰‹…‚†‡{eTTQKP[XKTXae``^QNOOMMNLC?GT[a``^WU`a`^YX\[\]\]W]]\UTUW[`fjaWX[[Y[VOVade]QYa^[TNOOWYYSYba[^XDELNRTQW[RTac[X_ZPPTPENX^[VTV[RTUVLKRSSac^VWWZVOWX\[VTUSUUQSXSLZ]W`eaZclh[Xa_URRQSSSY_Y\`cdgbY[]\]blonj^[Z[^]adijbaaZWhl`WVYdd]fkecggaaZYciPURXa\Xdc`badb_\Z`fd`_ecY]``a[WRU\addbeeceigebdjmiefssnjefgme\WNW`bbigf\PT]VNLU[^`bcdfd]WOSWZ\\TXcnqlb_Y[_^VVVZ^begfjonmg^_[_ccdiegc^[PV\`a^ZUTPVXVSQKSQU\mvwq_XWXOE?MQVVQTXSIIVUPPNSTMSWQTZ[XRPXWQJEKPNY^^UOS[[[_\THEKKGLQPSRPNQQSNNMPLLMOLMJLNMJGSYZUEKRVRQOSMORORTSYTKHMNGKQTNDONCJPVWULEKJPX\YSNGNNOOLIFHNSQOORY\XTQKJQVSPNPRONNOVXWVVUUSNJJORNMTUTSLJMSSVW^^[VSPJKRQRJAJGN\a\ODGSYZVUNPXWTMQVWVX[TLJTTTWPGOSNVYUZCEHKHKTOQVUO@HTWWWRPMKJMI?JVUE:FOSLKLJMKOOFEFNWZYOMVTNNSQZa\VOMLROV\RMQOKPOPMQ\]XNORTXXOLONQWTJLMLJFUhroiaTSWZ\ba[[_lstwwpgluzwk`ZXTKLSXWYRONMMZ\XU_]RLPXXRILNLOTSNORYWTMFHIDJTQRTSUSQW]TSXY^^`ZSZ_ZSTQHFKUWYYW^^XXae]ZWU[WUac\QZ^aa`ZVYVX]VV\c]TQQPSZ_c``]]X]aba[YTSLJOVVXWRWac[PNPWYXPQ]`]_ic^WZ[[ZXQQRR[][VJHNOX]\OU[c[NBEU]bdbWX\]\XSSVWYVU^WUTT]^]_]^\[\YXYZ]WPUZ^__WSZ\^XRY\]ULQYa`\Zkvwtsyrlg\XSJUXVVRP\`bd_UTVPCEGMPT^a[_b_URVW\ZRW[^``_YZ`gd_[`degnnfVNSY^^[PUVWYXQUWRWTNXTVTUUV]_ZWSLIFJZ_ZY\RP\b\[][VQTRQTZ^_VQ^[UQPTTRZXSV][]]`a[^a`[aa]VTX[^bZPQ\b`Y^b`dimnni_QORSXYVUVVU^dij_T^a][gppiheda\\eddc_UU[^flphafd\]YbfZVblsrgY]cbTTTU]^_[N[bb_^[`ddc`cc\V\ab[V`d_achhg`\bed]aigdebfr{zma^houmaZW[\^b`_]TRQZ_[UZZZYWTX]\[TRZ\TT\\_dnjcd__]a_VRQ\a\_blnolfedeabchiikb`a_ZSW[bb^\_\Y]XV]STQJP_mqlb]_a[KHMKNNLQROMR]_YMMOLQZ[UVWZTOLRRTSVXUNOVVTLLMXbheV;@HLGCHMJNOOTWURNRQNHLSSQPQKJHKPY[NINUVWX[WQPMFJMOPVSLRSIENURKNLLPRQUTMMPLNTWSMLIHCKME@KTQMHFDBIHPUVXXTONGGIHEIMLP[d`WNFMNLNMD=IQTNJOORYZWRPTWX[UMT][RSSOOUAHPSSLABMPRTUUU[[XUURTSKLPUTC4EQTTSSKGCLTRONPU^VLMRLFMXTNROSTKITTX_\OMONOOMRV_b]QX_[WRNORMKHKLVZXOJZmvqgYRUY]]db^[ckousgacjikggca\UJKRTKHMU[YV]ZYZb\UNNPRPKHTRXUA?LSU[\XONNIHILUVWVTNRUUJGPY^bbTVVSRWXWTPX_c_^`d`\][ZRNDV[UUXYWW\Y\ZY[\WS\\VZYZTTSRRV[]ad^ZZ_]Z_bWRWVNLNS`^Z_fe^XUSZa^WMS[TZcb\TJLOXUUTQPY_[TABR\\TUUOOLKLFPS\]\abWTVSYXX]ZUS_]QPQZ[ZWSTTYYV[\YWQOX`b_aXVYUQOQ\baYOZ]XZWakv|xvqnrk^\[OUXX]ZYQS\]a^TSMLSWWPUZVSX\VRVUQWYTX]]`\[UURZ^ZXT[beijfef`RR^d`ULHN[^YZZYXU\bb_UMIWZYUTWTS[cb^XZWS\fdWTTVUZYXQT]]W_cd`XRXZU\f`XX\chhf`_cVT[bfaX[`_caZSZ]^ZX`cZboyƒ~jVMZ^\\[XTST\ce`WWbefjmvrifeefdhmokc]\V[ahmgc`ffZRXepoinrxuh\^caYU[W^e_WTZ]ZZWU[da]cfd\X^]YY\``^VW_a^_afhcYblmib`p€ŠŠzkcijjicab``^]XNOLIJY\\\[_[XXX[\^[OV[SR\_bjnib^acabWHIPRUVUZbmqld\Y[_[Yachke\X`\]\YYX\]^a^_cdcfcRTVVY\[aa_\[[[WZTBEPSZXNJSZZTQIHKUYYVYWNRROPTVRXa_YRRNLIQSS`d`RBIJMQOHHILLKPSUSSTRLEGNWXRNS[\UQWYVSOROBLTULNLFJJGIPVRLMHLRTUOJGEHLRW\URUQQY[QLNSUIBKNKHJLHFLLIHRWUQMMIORNGNWTI?ILINK=9LXZVIFNNGJRQURNMJOMOPRNUVUNBBKIBAPLMOT[ZVPDCIMOGHNSTOF>GJLIHMLPUXYSKVZYTRUOKUUQSSI18DKQUTQNOTVWX]\OFLOONKQUUSTWZVUMKQX^ZPXVWVXYX\hlfgjnkf_XUOGXefb]X^`]SOSTRUXWRZ][TPNPWWTVZ_ij^QMIF;FQNJOLLSPRUSIFPMJRRMHIMTWVUUXbb]\a^`\VOSR\b]bd_ad__]ZVXZ\VTYYUUW[]]ccdnpg\W_dca`XUUVYYbaad`UMKTY\\[^aa][WPX[Y[`ca_daVOU[addc^ZXYXTQNQRLKWYSSUVZUPFIQQOTXXIB\a\VPVXWYRMOMTROSRNOUVMBPZYVQU[VPNRKOQTUZ]Z\^]a_YXUSZXV\^_\_muzvrqgaZXMJRV[YUQVYflf[UM>@KTWY\YT]_bY[_`]XSW^^YVSSYSNAFV\ZXce_glha]ad`[]XQX^]afbWOY^bb_Z\YW[\XZ[aa[V[\WJPXXZYSSX\`TNKMUVX__ea_c_]\]_`fe_RR\^b]XRRSZa[QU[Y\[\\TUY[\cceacm{spileU[ZQS[`YTOMYdgglnnhbXNMJMPQYakgVWbcZRSY[_b_\]\^dba\ZVVVY`fd_adbWQTY_a`_^c__[W\b[WWcjhbNMZa^OK^ekgfidVVdmplkdp‰Ž…xn_flhbbggge[SRU[[[Z^\\ZNX^^^ae`\_ffcfd_bmqngbbc_TU[[]^[[\V\cc]V[bebjje`dgggb[``b^WU[hidbdcbd`\V^ffaWNRVIP\ZRMOQLJUVXXWZVPMQPTUY[RPZXUUYWTNNZVQQWYXTQPXWHIVVPSVMFLMKLNRWYSPRMFKSUTLTVTUSGHMFMWXQJV\WSNPPMKPQSRRQRTMJPPVZYVRRQBMXNKNPOSUZYWK@INFXdbULKLMRRSVTROLLLMOOURONRQPOFBLNQRQPHGRTKBJNMIKOSSIHJMNQQS][MRVVPY\VNLBRZTSZZSORUTVSNJHOOOTTQJLME@IORNLLGPRPGJNLLOTUR89>BJOSPJDCMWYZVSTUTSTQNLPSRNLJLJMPMMNQTVRMFCKSPJTZ`[SMLOLLNPOOJKOTSOMHQSSTYZZXSNJDIMPRPURRSRPSWV]^[WTXVTSY]_dcfeccea_[`^RJQX^\^bc^VTZ[[^\TQNZ_`\\ZYY]]]]b`VTTOGFNVVNPRY^[VUPJKSRKMOMICOXVQQLPWWR[\\ZXaaZWa`]b^W[cc]YXWTTTUV\YF:QZXU\\amrhVPS]c`aa^ZTXX^ca`WILNQOUX[[]^]WJIYfdaZ[[[daXTSPSbgg`SLRZXWUWVSSSQRTSRVUX^NLOS]`\RHOLIORLDKUXQNMNRRUVTW[SNGJLTXURTPLPONLSY[WY\`dbcbYVOQZ\VRVXWU_nwzxgVPPUXOUZZVOQKJUYVTVQMJCJSU]XZb`c^YZa_ZVRWYWXOOPMJLMTXZW[\TV^[`fg]ZXVZWRTTX_aVSWX]dccc^`a\SRWbfdb`_XWVXX[XLOY^^]JEPPJKXcbWT\\\^]YVVSPNGKU[[^\]_^`XUX`_\ULSQNUSSWY_ded_]bnsvzxq]RW[[VRIWabcnpohYTSWVRZWZfnm\QZ]^ZZUSUXZT]gga^YW_^Y\\^aa[XYWSPKWXP^XRZab\XZac[XRagg_RJN[^U\dffa]edVNX]gglknu{‚†}tcajjdcdb`[UJR[]YV[Z_b[PU\RU`baagjfchlebjrtj_[`]SPZad`VXWW[_^Y\agjjc`^bdfcZ[`cd^[__\]_bhgdaa[QVY[\VSEGLU]\VPLOOITXUWVZVPNNMQMKMONVWQSXZWOPPWSXRPURMMYZOHT\VTUMEPXWSROKRTXPJFFMRQQMIT\ZTHFKKRWUVZ^ZUPHHJOQROVPHKIMNNGOQNFLRUMRSHKWXRONSPJHHQQITYXY[TF@JTSSTJJNLNLOLRWTMLIPPPPQQRSTSSGRQPQPNCOVVQUUPSNMHJS[ZNU[ZWV^[UOMWZOLMQHDIPWWPNOPLKNTWWTJJFBIWXRSWN=BIDLURNSTVZPJMPILLNLBAENOVURJOVWUVKFLSWTTPQNPNFJNNPVVUVRMLPONPWXUKINQQRPPMIGIPVTQPLNX\XQQWWVOGQWSPPTOJMTWQSXZSX[QT[_YW]ab_jrn]Y_`^cddXOCFMNV]^SKSZZ]XTTQR[_]]XXWW\fgge^VTXXQNUSKJRPRWVTKE@LPOUUUTQNLQRNMNLRUXZPLNP^c^]feaaZPX__OJWXNKRVY[VLU]_RW]YWdieZSQOXYTT^_`Z\dc^ba][XRURPYZW]\VPT^cfcabbYY\XW[ZZ^ef]WMN\]UTXYYVRSX][XQSUW]HNNPRRTSTYSPHINXZTMQWSOSSLPTNQTVUWVQSZXTT\\\[_\YZaaYX`]WVV[\ZY\[V[U[js|ygUZZ\ZPKSWNKLFGPQMQVWWSJKGLW\`\Zij_[XUTVRVUUYZSUOSVRLTTWYQPZ[[\ehb\\VWW[[YUWXUSSMT]]__digcXMJS[bca][YRMY`\RSYYVOEJZ^SRYccVSUY\\XY[\USOISYXUVS]aa\SZ\[YUIMRTVWVOT]Zaf_XTSZku‚‚{meZX_a^]cc[^aggaVVWX]_ZQ\gkeWSVPWWNIOSYb^dllaYUZbc\W[[]]^_YROW\`^TWU]bklbVQX`ccadhfb[UX`c]`fba_``dcXZ`^^fkompx†‰ƒvebd^\\^Y]^\Z[WT[_^]^]Y\ZSVeiicd`Z_hkic]\aa`a_b[W\ff^YVYZba\cfbfff\WYZ\\Y^abd_XUchc`^bddcb^Z\dgNMPX]WQX[XUVUQINVW\]\XUSNKNOSUMKMJUWQQSSSNOIBLONORTTUXZVMMUROLGDKUVTOPPS\]UF?=HRUTSQTZYWUQI=DSVTXSSRRQQLWZWPTTPKHIIHHMUTMGINPPJHQSPNPOCHNT\]VPQPPXWVPHKONQOMGHPXZUOMQTRHFINPQRU]bfgb\XXZVQNNQSSORUPSZPGCJVTPRUTSOHGOMADJOVYVO@LTXWQPSNOXZWVJEJMNMONMJDKOJ@FJIDHILNNNT[[VURIFAEPRMNKPTMHEAERYWXWRSUPLOLMO\[VRPMLTYRLQUREDS\\XROTZPJLKGKRVWSDBHJPONSQOMYabRGRWVOKIJLKIDEQVRQQKKSSNIGRREENQXTSPQNHA?UVQHDDHMNMPPYTHNMNNG2>IINUYQQVWRJHMLNPSSONHOTXTTVQLQRRMPPQMHKRQRUTSRQSLJHHKKPYWSVUUTNJSYQFHJLPRY^ab`WYZ^dfgjhkg]Z^acedc]TOQUY[dc]UQPFHCJPSZ[WUXYTTY`fcba`ZDBKTTWTOTTTRIDMTKBJTPNTTVQLPTZ[URZ[XX^c^RZdb\\^[WVSMP`fcb^b_XRVVTQQ\^WYac]VZVXUYWQTYTQJKV_`\\_fg`RNU\_XSU_a`[UXbed]VTTOVZZZW\chdiid^ZZYWUNHTXRJNRUWYTRMWZOJHOX_^\UNQUTPP[]ZTV\[SMTXWTYbea^ZYWZZY^caXPWZ[VTY]VLTW_hka\]Ycf[WZfpz~…ŒŠ~k]WWYWXZXUSKR]ad\[Z]RLKJROTTU\c_][Y\ZWVZ\^\bqojf]ZYXSXWZbf^]]RITW[[][^cc`ca\ZY\ZW[\Y]YZYSSQW]ZVZ_\YYWPJOVZ_a_]XOLSV[`[LSYZUU[YWNADKRUSMLGGLSSMVdidYZSLLJR[ZWUXPW_`^ZXYUSU^i}„€q]_ab`^_eif]^[WZ\TX[\ZX[afe`TUOJSZ^ZXU\c]]]TWeonb__c]VW\_Y]b`GBS__YY]__][W\baV_ikfdd]_dabdjkie]V`jhd[]`cbfv—˜ŠmUbgg``hj`STSTYafgc^][Q]ccekgcdeijlfbdcbkjeaZYSW^_\Za`SQZbmupmaWW[`ZS]c\Y]_cbbjpkc_^bdbdda_cmnoibU]bb\ZVVX``SKKLQTSRQNTQUQPPOT\UPLLQPNIMLIINNRPNRRRWadc]VY^XLLLSTONSWQLMNKFFSTJHMNRODOTQNKIJNZVNHGLOQNONHO^^UOKGMOIQSNGEC?CILKOEEOLINMLOSRVXQLQOHILMMMWYPDEDJUTQKMIKUSNOLEIQSMMQRPPSWPNQRPKMPPPFLQTMNJJPXYUQLOROEFKXZ\YSJVYVORVVOCGPONNHIRTKEIDGOKOPEAORRLIOXUXUTNEGNZSHDIJKNKHLTSD?BDOQJEPOPZ[RMQSHGLHLOQTQPMHLNRQSXPDMOHNQVWVJMQKLLNRPQNLJGNRPU\]USPMSTSWUQSUUZZWSV\ddZQ]flnnnkij`W]ehhcYMLMQ[bc`bccYLDKJKIMRVROMVSPHO[[XTTQLMTZYYYYWYTKA7CLNKLPOLKVZWURLYZUPWYU^ffbQQW\VMVXSKIK]cheYRRVVZ`bZUW_bXQZWPT]ZNR_^\^\YWOMW]UTYXWTMPY^cidWRVPUZZZce__[VTZ\^`_\W_d``_XVPSQQUTURSUXYSP[`[XNVWLGRMUXVQLOVVORNU[a]]`a^XTYYT[eggcWU]\\Y]_][XV\YLMZ^VOQJR^\URZZZaZYVWfny‚ˆ‡€uba^ZYVQOKPSR\bkkc\ZTOMKROUUNX`\TVVZ\VRU]bgkosnicZWYcc[R[a[TUQWVSVYZ]\\]UXZUY][UVZ]YY[ZYQLKOSSO]efeb^XYSVWXbd`YOEKPU[\[ZXXQV\QIJILT]^XWSHOY__OT`faVVSQV`bd^WVVPNR[^ZYZ^X[afyƒ„zkWS\_[]ef`]fbXYSJR_]RKT[cc]XVT[Z]cfc[\ZTV\ZU^eecegd\OU[[WVZXVQSU`faWZZVUQU`efadiecd`_egbc`ced[RTbgdd`][^fesŠŒ‰|_]`dfiqma\c^Y[aehd_^[X_^RSZ^`Zbgc_acc_`ltob]\^VWSV`db[`^ckhe]\]ZY^]Y^^\`adga[`ddc`_cjkhkbckihghV^_XQSWSY\[UQOJLSYSHIPOJSWXSU\\UTUTPNQPLIOOPTUUWTEL`jpl]W]^TQQQUMEINLB??EFIMLJKLFMOKLTOLNMNNNPPLNOQUOLKNU[VLIEBBIRTRPPYTE=GLLMKEGFHNPHLOLPRNRW[XMHNFBFMIHF?DIUXVVRX]]WNKKPNMIEPSRHLTI>HLMRVVRNOSRQVVNAMSTTMMU[XSPKVXSVNELU[WSLONOWXQGHMKW[QLOGNPGR^XFAOULKQQURRNJEIOPTWWMAFNNLORPGFKKMMA=RUVUTJITXTSPJHJQXYVTMMLGAEOPRROLLTTSUSTWPNPRRPMMSURTYZWVZWZYLHSXRRPPNQX^^WKS_ffekrzvommfbWRZdjnje]WVW\dec`ef]HCNJIKNSUXYTTOH@QZ]URNOSZ^XSOQXZUPMND=@LSZUOQV\[\^TPSYYZ[RIU]_YTPLQ\^`]\YTMS`\ZTKSW]cbb[UUXVSNTP[YZ[UV^^\bc]YYWXYW\_]VTXX[_addaXQNRTW[[[^[\WM@V``\QNalhecYRNKLMTUPRY[^ZRS\a^a`VOBJZ^W[\UQJLMPWXUUZYUSSXYSV[]\bfc_[__][UUUVURV]]VPSUWVVRMTURWa`[W[[RLN]r}…‰…rmgd\WPILPTUTZcea[UPTQOQQQMGR_`\YNTUTWTWchjdeje[NQZdgb^\]^Z]\\TS`a^baYQO[^UU\WW\ccWUXYYURS[WRTX\^][\__YOPOT`^REKMN=>MZZWSOVVLDMILO_dh_[VVXWYVX[^ZX]YV]edcb^[Y[\Y^afaW[\^b_isxyppafbc_bga`^^\^\SP[]WUWVZ]VNJU_db^]a]]XNS\_\]_ZXbcYSZ]ZVYPKV_eXbcec^`YRS]\\_ZW^hmkcW_glf`Z\\\ZXWY`dlhaa^bjt}ƒ‰†xhc_[ekeb]^\UX_eid[\bgkf\RYcfabjgjke_bgprpaZ^aa]YVZ^eiigdb__XXXOWbc]\[`hjmfd``b^gicdjmmkjdgh_X^`TZYQJMTRSUWWXTONGPKBPVSQW\^SGPVTRTPRX[WOTTRRWXYXSQS_mwwiTOQW[XSSVLBDNPNKMQSQHDKRNIKLFIPTTPLGMWXOMPRTSOMRXYOENQJGNW]XUTWSH=FNTURKFGO\YPBGMVVOEPZXMLTPKMOONMORNNTZWRX`YPKFKQUXYYYWVPMTTPPOILMSRTTSQKS[SCKNOKEDHLUTQSTRRQQPU\feRKKJTVYKEAGLPRPRVPRUUX[YOCNTMRYSMFIPOKRTUQ\ZLCNMJKGUbaY\]TOLNNU[XTZ^\XS[fa\^^UDNZa\UXVNJMMPT\_bf\QLUZXUZ^]UWW\ZSTSLLUTMVa_]`ea[WOTVNOONQT[bc][ab^^]^ehqz„ˆ‚wj^ZUPPSROKQV^ec\HJVWPUVXWS[bdcZNQTGQX`ghb\ajnka\`[\XZ[^b_`^[Y\b`]ag[Y`bbVJRW^djf^OPXVYYWYZVXZUZVYU]c\OIGQ\aYPPVSSTUW][ZRRVXSQTXZ\ed`XTRTSX[[[aaWZWTWWQS\Z]W]aa^bgh`_``ghhljoz„|vhfgfc][]]^]_ZX\^^[RYVXVQZab]SSZ^b_^_\X\a^\[b_[`hf`^_YMW```WaedecXUV^c]V\YY_eaXY`efd__][[a`]afllgb_a_boy{„†{ohefbekme^ZY[]gf\]bfgd^VYbhjeccfigW[jnokc^Z[]^[YUX_dllb^^[]bc[Q\`^^^`fiigefhd_WYa]]gpspjghhc\XXXWYXQJKSWYUQRSWTVULAMPRV\]SIISSPSPP\fg]URRKNMMSUUVXTbnneYUS_c^VTRUXQTWWPLT[VCFRVQIMNKOVWTRNLOTXNJPQKOTVTUVPNTWUKN]feZNNKLJRSUXUOKNPW[PJFNPTQMIKLHMQSOIFCFITSNKS[[QTTH;FJKPPRWY\YOI@LMQOOLJJH@GTWXPIPTNLTTJLPURRMMVXQMKJKRXcaSFIBCLPPLE>@JSSPLPTVVTQSQMPSRWYUKDIQPRQSPIRUJMPRSPOHFHCDCRYUTRIDR[WUNPSPMJT\XSIEE@KQMOVRMLLRTNLNWSKN^[RPTUSTPQU[\TNTYQFEKLORTUPQXXVQJHUUWTY_xˆ‹€lU[`a\\cfc`[_ea^ZONSUY\WQTTTNIKQTXXXXVXTMQZ`bXQEHQPJH@FOU\\YYYUUUTY_^VOTXVQMRWQLMQQUY`_Z]`[PX\\U]a^^`^^ce_\QX]YTRVZ[Z]XZ[WUXUSYZPZa`Z^\XRSSUZXSSSZdf`\T\\UXZZOIUXSGXWQOSXWKKNTV[]]ZTPJHLW`bXVSSSUVVXOT\YFSZ]]VLLLOYYYPMGKW\TFIW[ZVYY]YX^`ZPHLMLY[W]ccb^bd\RMLNHPOIR[dd\Z[Y_fedgda[qƒŽ‹kVJHNWWXWQVY]c`XOPTSOURSWZ`eeaZXdc_bcbd`WW\ankca`]OLOQX]ZZZUVaa[Y\_]`dfbXSRUZ`ce\NKOX``^YW[^\WRWZVU[WGFHIV^]SNRU]^YTW\``YVZ\WUUZ]`]QQKJRY^]XP]c^RQSRTZWTW^\VWZ`eebeeb^cjhe`^i{‚uplia[UTZ\TRXURV]aZOU\^efgf`Y]b[QQUX]YZVTWY^`^X_hhXRTOJNV\b_bcbf]TZ^dbZ`c[Y]\YYacc`afe[VXX_gejic[_b[Xaimp‰†|nghhinjaYUTNW\_Z_bddcafhmmkkgX\``adjonhhfd^TTX_behijkfa^UZdg_[UQT_hgbd``[acaSKOWQQ`jng^bhg`b``YVSSNOQSTWOHRYXW\YWQPLMU\[SLPTVVWSP[gg`VPH@MRLQTTSJEN[[VSSQ\e^VQOLPNOUWRGGROPPRRQSQQLQZULGJJHKNOPPPHIQROMLNJGMNLHKUVSJJQOUVMQXWVWTOVXXTRFEIQTPEG@DKLNMMJEILSVWY[YSTSSWQKMSUTONOQSGHQMNLMRQMFKTVTWRJNKEKSYTNRVX\SPTTOSUPJISWRQQSOKHNPMKJGNPJMKKTUUNPNOPTWXSROOLJOPOSUIEPVNRJIJRUMGFFNNNUWTVSJVde[UIEBFGN\^VPK>@MRSTNICFMNNLEQUQHOTUKMOPOHEFGS`YIPRKLNONNKSZTPWY[YKNSNNVTWax„…}gSXb_ZcjkgYV[ba_`^[Z[\^ZRPRV\YVXTORTW]]WLQ[bc[MFJUSTVSDNQRPBFRTTPKNVZRGJQQLPT][RRVW[\Z[VZZYVWUTUTTTW_bdfcadc\YQRWSUUNSSO[_]\\^db^]fcZU_c_WXRUNGKMV_c^[Y]YUW\__[TQLIRPUXPKNU\[][\a_[ZWRS[cje[XVNPSYTLQQPOFCQUMNKMNUTYXMKICGHMJLJOPSXTMRSOJFQYZY[YMKKOVTRNORTVRP[^\XUTRNCLTVT`owshb_\XZcihaXRSU\`fb`^]WTOMMSW]]VUQTUHLRUMJQUW_YNKIWXOSMOTNIMKOUQJJPRTUMFLQOMSZ[WW]a__]UTRVZUQSROVXSSSP[]b^^fgdZ[Y^WOOX_]YW[[ZZ\\\[Z]a[[b_UYYYSLCJRTTVUKLUSVWZ]^YJV]TOQUZZ[X]dcWLWZXUZ][]WY]WRVYQXZYUSNODFJKIMO\aWPSSRIELGDJTTNO\XTV\bdZY[VZZPRY]c^[[Z\YWUPRYTOTX[QLZef_SW]ZZ_abdbcgjgj‰yaXVYZ[XUUSPTXZTSRPNOOPMRTOTXVanqpnbZRRUWVT[^WUY\^Y_flg^XUSTZZ^a\]c^XW]^\bfdcd^VY\][ZU[[[][VVXab`[YZ]`^]XOMSUTXWNMUab[\YWXZZZTLWb`WZZ\Z^][RFGKSSURQZ`gf_UPLUU[^^`b]bgd`]bc``\^comjgd\Y^aVLQWZW]dc[PRN[ZNM[cfcd\RGHSX\[VOZhie_^fea`YSTWWZ\af`^f^]\\\\_bge`aa]XZ^ZRX[YXZYYXX\Z_bfaVUVUcec^]w|xqrsto`^__^^WT^aZX\]\_a^`^`X^mpfc`]_b``hqngb`]Z[[[ZXYX[[c_ffeeb`XVZ_dea]ZYTY[UX`hjg`VZbdb__bbihgdc`[[VUQSUU^c_TR\e`[[VMQLPVUSKOS[[ZWTQUPOFHKGRTSKKQPUXPLP\agijfaKOTNELUXTOJEFILHCJOOLIKPNLNMKOTUNKGIOWWVUZWUUTORSMJHA@IKHHLPRNQSTXURYWWXWX_[TUTTQOPUWRLPSQRU\VWWXSNSPOOPQRGCGGFOUWUMQUWX^UHFMTQLRL<>JLGAGLRYUVUSPNIENOQMGNPVUE=PRQTSSRJDHRTTELPOIHMJEFPKMKKM@ELQTZYMIMNLJBPJNQVPQOF@DH?HQPJLIPUSJMTUNLNJTV[YSPRSMRWTRQKIKOSSJGPVXPKRWWQMLPYZYXQKMQWXTQUYWSQSTYYZ[[XSLJSUORXhlmlgaW]bchd\US^df`ahg]TKLSOPPOPLSY[RJNUWVTVQTWUTNMXYTLKVVLKOMRSNHR[\UIKPUTNINQNQUYUVXWOMX\[XUZYZ^YVOTRJRVZ^^\\^`^]VPNW\`__\ZWPVSR[XWZUZfaQUXXWXNS[ZTMOQPUKJNWYWSW_e`\Z]\a_WU[][[Z]YVZ[`_]\VRSW\[\`YUTXSOOQMNUSX]^cX\QJQMPLKUZ[`daWSYa`_\Y_h_V[_^X[`]Y\YXX`^WILXYUO\gihaYUIQTYZV^lospk~‰‰{id^UOJGGKQX[XTWYXVQ@BKMVUUZZSU]mrsgPOPUXVOO\cbZYad__fcY[_XPU]bb_be_TV^`Y_ce]dg`[WQZTN]a_a\SUWVXY[^\[\[ZWQIGMRZZTRY_c]\WU\Y_`\[[^^SKT\V\c`[GAHQPQOT]Y\_[[\SLQVVYZZSO\^XW\b`^USX]gleZQXa^YRRUV]`_c`\Z[caXOX[`aa^US\`db]SLPT^]Z`ec`db]VUVUW]ab_aOY^[]elllf[^_XWTQQQUYXZ][XZZ_b_[__X[X]flkkltyuruwrqcSUY[[RW``WTTWXekfbYPJXptsid[W[\enmk__`_[SRTX\chfgbaX[Z]^[Y]^bgd^Y\ZQITZ\_c]`b]_ffddddjmnia]afYWNCKPRX^ZO>MQTZZVTTONUWUMPUSRQKFGJNNVTMAKUPFIJKPQHENX\`mtxodWPKHPVVSWSFJQPGDDHOLNUNJNNLHGOUKCJMOPNPNRTUVORTSOMLMOQKLRRQLHOWVSQSXSU\`XXUL;CGDDDLPRXZVSTVXWQSXUVWSSQNIGHSWP@ENKHMXVYVRMUXVRLLLPHOWUNJFJOPSTPIEELKLSZULIPWUHJRTSRJNPNPPORMKJHC:GYYKFQQQH=JOIHNW\WTQUSMI>CIQTQQRUKKSPNRUYPGQRKKRWXSSKDMRURIONSYQJHMEDJPOT[\VMLNQPRSUZZLINQRSZ[Z[[UQ[RMPQThuwpcW]ahppbONV_`agni]ULOXQLQJCJQVXVWUNLNPTOJRQSRR[YUVVRNHJSOLHMLV\YPBBRURRQPVOECGOTWRLMYec`cc`XX[]ZXZRX_[XVUSQV\YWUZYSY^^]WTRQRPWUTTRV`_YVSVYZXRRX\YYZ\XTSY_b`dgc\YZbcgecVSROQWUWYPPXUWZZRONQVbaYYOKLPSTQLRZXWZ`abWYYTKDE;SY]\]]ZMV[YZZSbljaYXYT[_[[[YVX]]YYWYSP]aa`_YSTQOT^_cjkkhnsy‚…|tjaXORRSTT[ca^a_[[WICGLNTVUPRUS]psokmh[^[UO^ml^NV_afcZVZ\ZZ\XTRV^`[Y`Z^`\X[W\b^VM[]UTV_bb[TXYUY\[XY]_XRQW\Y[[WSS[abaY]_^]ZSXa`\VPVSWYRZbdaVPUZVNNWaZKSY^_TQUVUSXUQPQQKQY``X]]XP\`ZXbb_\^_^^ba^ZY]_`Z[_\VZYWWZ][ZejiaKJUWZYX\bd\dg`^WHS^ba`\[`Y\XSUfmligd[RQVOPX]VVX_b_UY\]b]Q[fimiigddfq~€wzxvrjURRUPX^b[XWTRVW^aa[[SZozwka]X[dmuwpa[`^[XXU\\afa`_][]^ZTQVYV\]XVY^]XTX[[\\T^e`abaaglgcdjha\```]]XQQQYUOTMSWX[ZMKQPPRUVLIPOJKJGLMGDNXTIJQOJBFKQRNMXX[abeloe\TIIQYWQQQPPWVRG>:DEHPHDLPKFDLUNBJPQGGPNJJPJHDEFMONQUQIKQMA9?FNOMQQTMHPXXQK@7AFGLIJLKTY[XWRQZVQSTX[URVTUTMT[ZWNQPTUSUTUMWacVUTUWUSROMMLJHMNIGGJJJKLMW]ZKKSUOOSVUVPMIEJOMKOMHPPGKPLU]ZTSQXXVTUU\[UQOIJNPOS][O[a`^][Wbuxtld^Ycki]RNWZ^_efcYTYYTHJOKFGJJR\^\QGPOROLNSUX`]XUVVJBGGNOPPSRVZVRHGOVYWQTXUPJXYVKDJOUXX\^][XPR^ba_UT]\Z\YWU[ba[X[VQS[cfd^XUVQLMKEJSQS[]]\YZXWRY\cc]WJJW^^dba`a^X\]_WXYZURKMPTX[UQXUVXXWUTVT]\[[UKGMORTQORTQOWdcXM\]UGAA=LY\[]^_XTU\c_\_gd`TKW\YVS\ebZVVST^c^Z^fic_^[XYUWZ`cca^VWemt}ƒƒuh^cbb^]_\Ybd`b]^aWG@NQTUYROY]WT]ijosqa^b]X^hi]OTX`jgURWQS`cTSVWYZdgji^dd\YRX^`VN_dYUY\Z\Z^^VV]d_UQR\WQMTZX`deacehg_`\a\XOLWbe]URXXXTJT^]ZYVW^^bcd^YNWa]UUVWTRS]VRZYVVX^^VJQYWSQSXchfZ[bfca]`^ZXXbe]XccYTRX_cd]Zhnh]RSUYbdbeg`Y[XV[\SYcea[VU][]T`a^\_ihd]aa]NZ\][\ea]Z__Z^YNTdimplgbcft€ƒ€‚}}wi[YX[^\]ZV]\WVYSY]aac\Ykzzrh_Z_biqxvl_a^^^UR[Z\^_dgig^]XW[\QHU_aZ[ac]\^\XZULX][Y^_\dke^`chc\^_ei\XRKQWY^ddac\YZZVPIJQZYVSTNGDNSPSMJIQNKIPQKJMRTTTNLOP\_\V_ga\OAIOKGNQILRSNDCGF>@FDBIPQIIPUSMLVRMEMRRSNIFC?@LRPRVTQTVQNVUNIKJLMNLECNVUMKILLPQIEKJDKQPNMMMSZWTWYSUWX[YJKMMLNNPXUXSQMO^d`[PRVUJGJMNSRGFQVRIGNNIKHGDQTGDMLHLQPTSOFJMILLLSSWXQKBLWVREKNLIEPQQQMNNPMDHPQIDIKIRVYTULDHQOG?LTROMOULT[de]RRUWXVUTUQODDFQUOILTTVTUSWRPNFX_\RTNJ[_UPPRYa\YUTY]ZUOTWPOVaf^W]^Z``[VU`imni`Y^hcY\^\]aeikd\WW[WJPONPPRX\\[XZ_YNJCEQSPT`cTMQK==FKMNKKVYZXQNMOM\\VNSZRKOWZQFLOQSUPLRPXYSKR[\]VWWZXVX^]X__YVVSMNOUbb_X]`YVJEJUQMK[_b^UXYVZ[ZadaUJL[\ZZZUV]bdbacXOQPHORPSW[_[]^[Z\[VQXXJW^^`YJGPPTTTPIDMTYdiZT^[UNRQKSVSQV\aZQVdklgf`XROGV\]\TXgmdTURR_ba_`c`[X[\^^XVZ]Y``\[XWVhx}€ynd]`b^]ca^[ZVXVTZQGLWYPNT[[]^UPYafiihb``[UZ]^\ZUQ^caTUZX]ce^W]`[Yagkjcad^ZYXbc\W^`ZPZWSKW]WNKR]^WTVQY\\XWV_djidedfdc`VSPGR_fbZWZ^_YWUSWKLSWX`fih_VUWY\TW`^ZLJQYVSZZXSX]_WS[]XVTU^jpi^YZ\]\\X]\\Ya_W]`]RTTRV[[_\cdb]XVQYdb`bc_]^]]cb[Ybeihe\PSZ_^dd^Z[fhffe`XXZ]c\SX`\WZ_][ZVSXbfjhdceemt|{{}|yujcddhhaVSW_a\TQTQ\gihd_gourbRRX\_fmpg_YZZUOSZ`^`]Z]geWLOUTXYZRU]]\_`^ZY\_ZRNXXQW[^\^^_\`cfdaabiiVTSTYXYZ\efaRKTSLCBNY[Z_^WPKRUVWWSOTXTOMIGQSSRUZSHCHY`_Y\bcXNEEIFBGGEPVVTGJKCCQYTMKLMNRVWVUSWWGBGPSUSOJH?CJPQ[]WLKVWVZYSONPIHSYSOCJNUY[MLQTNGOLCAINLFIEMWXTTPKNRYa`_VLCDPMKFEPYVOKNW^_XQQSQNOOTOLKORTKFFMK?KRMLRYWLKI@>JOOTNJQXXRURNRSUNKLQWTIBFEEHHGDSTTRQTRMMVUNFBF?GST\]XYPRQHLIMWURVYZQQ[WXQFJOQPQNDBMMLILRPGDBFRSVXXXQLMOS\_]XVPX_[WSQSY[VONV^^SSSPOU\_]SS\TT]^]ZQWVaimrqqme[[^ZQQ^kkd^VSLB@NRSVVW[TQRTV``]`UMUUVX`bURVPH=@JVZ[XW[TSXWX[bhcVJSXRFN\`ZWWVRUTTOUOLUTXddcg`ZXZXOPfcW[a^WNQX]bXT_[PPZ\ZRJT]]REP[]XXYRLPW[_baUMUZZRCGMMPae^Zeeb_\SOKOQQUX_ekha^_ZU\[P[^^ZXRONOMMJORPKLMTVINc[[VSUZ\\Z`cc_a^bebfe]YYSQMVYSVVYaZUVTLW_]YWVY[\]\ZX\_^]]`c`X``_lt|~}tgY[XQX^\XWOJWZSQLLQWZVSSWWMMX]]bfhdXWZ__[VURTYVRWXSNWaced`[[_fbUPQ\Z\a__XSU`ge_UQMQRVSSUTR]_VWUYagb__]\YTS\ejeXW_aZU\][UU^dc[UWZYOJNV[XQMNS]beaWOT[]Y[_aVMQMNV[ab_a\ZYW][UWOORS^lle[XUVXZ^[^\XNOWX_]TRTWTW]_][^][b`VU[`ZZ[\[_``dbbgdadfhjbQS\^ZY\ZY_b][[RRU[_deaQV][RX_]XY]XWXb_a`deegpy{{|~{ogdfjnmh`WX^c^VTOHS^ghqx}{umbVUS\bgde^YVTVUPQW][YYVbig\NROIK\`\NQ]```a]XZWZREKTRN[bcc`bcgiiecacikd[V\^][UTV\]ZRFMUUICLPUV[ZVNMJQUVQMLNNPU[^TQNFHTVTNHFISWXUPPOJECEDCLNQXXVUORSFES]XUNIBDJONPOJIIJ=HRVWWOEFBPRQR]aZQOTYYSRRNKKKLZ^^UMEEV_a[USRGBEMNMLKKMLRQTRSRNNPNV_]]_QIOIJD?CSWUOGGPVWXTUZZOHOOOQRONHIHNIMIIUPNPXZWSQMJKLMVRLQRMORUTOKIGKPOWXVROKMJJIKPWWRSVTPPUMHFLC9?LSTW_\TRSVWSQNMV\YVO[]\SHIQQSROLFDFEGKNLDIEHQMMSVTSQRNOY_[UROQPSWVOMOLKFJV]YQRUSQQX\`\WUWVWWYVORX[^instqkh_TUSMQ^\ZZQD?DMPPSNMZXLMUWXTZ`c[U[]^bbc_SVWVMLPUVXY\UMKWXYWS\^XPOQQORVZTZZURPKQ\[WTTVZ]`eb\SX]]RVficea_ZQSbhh[S_bZPX[[VSbeeYSQSTV][YQN[]_]YRNSSZVNSWXU]b_XY^[XKQKSWZZTJR^c`[SZXTXTT\][^bd^SLRSQMQRLORY\YT\fRMPV[\_a]XOV`^W[[[][Y[ZXRSUQUXVRTPTQNQVSPQUW`da]UVY\^`_``\\^bcfoy{qgd[YSJKRYXRPRVWUXVMRTX]YLMOS]aabcfa[X\[^^Y]_WRYXYZWTZ`eaa^\[][``VUU\^`c]^WOKXfjfZVZ\[RXXWRVcb]XRM^ih`[\^^[X^higZY]ZV`gic^QO^^SWXZ^YOR^d\SSPS_b^[[^`f`^dhd^VVY[\afhgfb[YTZZYZWXUP\gibaZWZ^Yff]X\UUWgh]V]^ZV\cb\PS\\]bdZXRQPXUN[a]`adhjaZ][_ca]a`ZINV[[XL\[SNVZ_afca^eacbb_Ybcb]ZX\bfefdgirz‚…‚wkhhmomke[W^`_[_[LBN[i{„‰†}sa]ZS^jmdXYX]]TPQQV^_`dchlia^\\\]a_ZYZ^abbb^^a\[]`bb\UV\^\^ddda``]_^_Y[dVVZSRPRVTPNQKN\_\LILS[WOOOLIMOHGGKFER]fbZVQGENSSQNKLMQSNJUWPGGHCAMUWVQIFFLTP=GSSSVVOEHJLOMOMFECJUUWXXSNOUVKRWYVROTWWRMKGHIBJRXUSRNIQX\XQKOPJCJQRLIFIQVSMGGJGBHGHRUZ\URTLIIHINSRTMMOLLQQV[VKBBACJPND?>IRUVUVPOMLVWUMOPPTGJSQJIPOGRWTOHGLPSTHKSWUOQSNMQSXXNKMLLJORLMSRLLMSNNPSINPOMHMQNNSVVRW[XVQPPNNRRSPGGHEKRXVQPSUE:>NLHEKQTQPSRNNSUNLORSOSVPJLIBDPST[\QGCHJKSVPJSUROJPSQIFJMIMMOTTPTSVWUWUXYWOD=GOLKFIPWXROUWRTNGNTUTQJKRSSWUVRQPSSPPPRGGJPTOOSQQTNMUYTLCCEKSWWUTNDGOX\[NCFEBJSTSV^_^\YWUWU[[[X[o‹—˜†l[`a\[XYYW[ZLCCJJNTSXUMRQLKSVNMNW\RHLOQONUWURIJOSMEPXTQW^a\YY[QIURPTSLGLT[ZOFQXXXV[[VSV]]WW\``\\XWYc`\ZVTX_fh`SWcfb][ZY[VPLR]a`XTOP[WTSUWUW_YMOVYZWUORZ^fhcVPNPQMYdaVMQW\]`aZRZ^^YNS^fbQMTWSQWTONVRPQPQNT[YUZRSXZ[XZV[`^XVUTIT\[WXZTLLSZ\[ZUW`^afd]T]ekjc]USPZ\]`\MGSacXY\iy€„‡„vXHZb[UY\^ZYWOIU[[QMUYZ[[dc]Z[TWXZ[Zclkd`\VWZ]YZ^`WX^]`egca_a^_^W\^__\XX_de`[WQRX^baWUYSVYXRXUV\WW\^YTVZYZ\URY_ZV[WQPW]_ZZ\cd`Y[[[[]\`d][_b^[RLOVXXTSZ^^`b]_[XYV^cc[Z^]WV[adfd_UX[`dg\[_^abebaTLS[`_`\ZXZ]]\WW^`dec`c_c_\]WTWafd_ecZZ_\W]`Z]`b]]cRQ^gbZ`_ZW]caabddd`[]dgib]\_cbc`][YZdlpx†‚vibccd`cdc_Y^_Z]`]belv‚„}pbed^V[dcYNR[SMX_^^YVW\ZTTTONCM_aaZT[`ced\\[VST[]X[[\\[XWX]_[^ab^`jjd_digiSX^^ZP@@KW\\YYXOPTYWTLGPVVOPRNKMOIPVZ]RMNKTWVOILORUQOEKXciigXH@FOST`d^WWTQRPLFNQTQPPMILTVTMFIPRVVLIMNKIJFDHLRYXUPMGDJKMNRTTUXYXWVSNORTTKJVQQUTMMQQQSUVXWWWW\UYYTYWHLLDPVUQUY^[^ULT`\JEMIIFORSSUTOOUZ[\TLEEOWUTOOQPPMPMJMQOKMONTTPONSTNUYOHSTYVTWXVSMIBIMOPSMMOONLHLRW\YTIJSVQOL@ILPWWYVXYRB>OY[VLJPSSTZUROJFLKKGGHMLOOJPOIHYWQKIKIKLILS[VHEOOLQVab\MBDCBOUX\```YZUZ]XX^[XUbŒ€f`]\UW\a_XWWQLGIQSTPSWRUZY[\WJAKV\VMRLBIPQVWRQHJOPPTRK8LZ_[US[ZUTNSXVQKOKNSRQSXTSTV\VX[__^\`b`][VYYYYZYVQQSZ^^VSW[YYXY[TPSQW`b_[SQITVMUX]YQQSNRPW\[ZJKZZaf]RKTYSV\``^VW[TR\djhb][^YR[ZWRST\^[THBHRVTWLAFRTVOQRVYa`^ZTOVX[^cXIKYXRWVZ^Z__^`]\]dcfidZUU`gc`[XQMSXXVXTR]jiaQU_djq€€tUTYaWX``_[WYQJUW^`YW[a^Y^^[[^[ba]Z[`kib`]XXUTU\a\ZSUYW^`VU^db___b_\_[_abefaWMQMIR]_UW\]]WQWZTU_\be__YUQSUOPYce^Z[UQLOZ\[]_b^UKKJR\ZYaddiga^[TUUY[ZQHISZ_`XVUYXRW_aZ[`[WZdgd\SWY_achg_U^YX_`Y[WRVWRTX[\^^`ge_a`]XYZYU[aacaZPT]_X\bbX[b]^ce^VPLVV]]\egdZ`eb]UWbc_\[UUY`clid^UY]_Z]XWQP\`^]o}ƒ…}mbb`cgied`_c`cc`cb`dgmz|ub\]`][iok_T\_\Z_]ZVMPaieXQTUURO[`dcacec`Z]`bb[Y`a^WXY[WSU^`hjjjjeadda`^\_^TQSSPI?CMW]\TOPQQKRTUVVMOLONQPJJLTTZZXYXUSVXXZ\YVXWRPHNXjt}|rXJELLPWa\NLQOPPIGPWWUOKOLLKIKJNMFEDJHGGNRNMNRTRMSWTPKCGLJJIMQKPTVWPGHNSVXZXRV][]XYQWYNOVY`\VZ\XW[[VWPJJHLVTRNLP[``WGS[XOY`[VUV^\WYRMQSZZZRHIKVYYRQOKHGPNJCKSMHNJILOQUX[XTZ^SOSOKW[ZRQUSIILLSUSPLFC?BDB9IURRUQSUUSPDJXWXURNQSTSNORNINLNOPLNNPTSSQR\^YY]]VPGJABQVTUYWQSTZ]VU^_[_gid_[RDLYQVROVZUSWYZOS\\VKQZZXSQSTSSQTUVWQHNTZWVTRYXRV_^XQRVRTYZWORUUMXYVWWT[\YXZbdbWUTULWWSZY\df_XROQUWZZVGLPQMIOV\XSNNHOQU]_]bOGPQWRYcaVNTW\_Y[]cgig\PWY\^YQNN^f^\Z[[VYagc\PU]Wfs€va`]TRSTWORLISU[^]VWZ^ZY_jphehjh\Wbjib[OQSMHP\]X[\^\_b`a\`^a^WX]\\\^c]X\^]TRU]_]_[W[_cb\Zaa_Y\\_c\VTSX]XPU^_`]Z]^[PKW\ZX__\[a`Zcjg[^`gmeXURU[]`^ZVUPPTYVX`_XTUUWZZYWY\^\cb`c_XQYdgd]^]]eeaZZ_^[ZXV^eilg`a^W]]WNW[[QXZZdk]TW_XS[cbZZ_YQ[_^\RTZ_ZZY^a_[bd`_^`gfb_[WVY[^`b\Z\[aba[SNPU[YVThz~~wplibaaZ\^]]__``abeipormfbd^Z\cjqnaUTZ]bege`VVefge^^[`][`bhiji]TQM^gmkd\Z^YPNQRVUT]_hnlkjbXVTY^^^\UZLITXXMDQQNOLLTXRHHS]cbXOMQY\ZLFRTQPUX^^XRLQW^[ZSS]aZVRSVky|qdM=?LPTXMHSRRQQOOOLROPPPGDIRRMRQJKNPJLMKLDGOPLUXUXUTTPC@FKMTPGFTQNJNKINQRVTNOX[[][UMVUIKJRPPT[]WWZZZWOKOVXOQKLLNQTTGIPKJQZ]XVU\WONIDPSPMRSYRQPRUUTVPDEGI>BGJEEDH>AINJPZ[RRVQSTMGJPRLSSMMKNJLMQSWQSQOMHGFNPQOSVOPVSFACAEIGLMJKHKQYYSHJOSNORTTLJLBBFCQXVT[YRNGQXWOTSPMQUVWQNPNQTUXTKKZa_TLS]\YRWXZ^ejg`__ba\ZRUanrofcea]\ac`ZTRVTLJIJPORRTTSVWRKRTOHOPRW[ZTTRVUMQXSNKJHF@JOK@?OSSWbd^PXWQWXWOLSVTRSSVdc`]UU]\RUcc`\[OFXgh\TKLQRRTXWY\cd_SOY_b^W\XQOPTUW[TKTY]`]]UWYVYXQFNSOLKVY\Z^]UOOQRTURW[]]YUX`b\WUSMJU\]Z`]Y[^[VSMU`\VOQWW[URPRSOHMW_WSVTORRMQ[_ZV[T@>ITV[UT\dkllf[T\[[XWUS^db^^^bZTW\WTS]gglw‹ £—w^TVVVTSVUSTRJRUQM@L\[TVdijkkhbWWcjhe`TRRTPV`hgdfcegf[]a_`aZTSPMST\a[X^_ZZZY_c^Y\ZUTRWV^acc_[_a]VPTTVXYNZc_ZXWZbg^VTRQUTWZ``\W^e_UQXchc[ZWSU\]\_\\YZ^^[X``]\WTTSX[VUXUW\_ZddZXbc`[\^behib`]\^[USY^^eljdbcZ[ZWSYda\\[]ae]TZ[\aceda`cZOX^__`a^YQQ[`_^^Y[]`cmmifa`X]]XSSVZUV_d`_YWV]]XZ\gnz€ƒ„{tn_abXZceca`_Z]hprwtmhejhaVTcejmfZUZ\bdcbaWQYZY_]Z\be^]_``afca^\aadgaWSZZUY\Y[]]acbeb[[][W]]adle]a^RSNNKQXPTVJBINMONSbe`VWPLKIHIHKJJRY_fd^SNTPHNOT^baYTOJBSdkkf`VSKKKH>IUULAAJLJDITQTWTQY^ZUTOLSZ[UOJAIFEMRQT\\UOPQTMMRUPIFHV^^SRRUXVSOKMLGPSJNRTOROMIGD:CMSNQXX_^ZQNT]^ZUTUYQKHLLVWMDMLMJMYXJDLLNWYQFFQVWLJJNQQVPLAHLJLDEJMKLKDBKGM[]WSPMLMMKGEIOPQMORUSPACOUXWVONMMNQTKCJRTNQUMLLKFALSJHUXUQSWP=;GLPNJOOMHIKPRJQYVX[UMCP]`^RKRPRSV[WVOQUZ[]YPKUZ\WHAQ]ba`^YRU[_b`W\\VPS]flsqe[^ddYY^gg^VLOONOPLOOQSTNSUPJHPTTWWVTYZ\VPGLRRYZTNOPOL;=HLE>MOFTirhXQNR]_^^YSVWROIZef^VKHRUPV^]SIMSV[hoj_ZYYXUVXZbeb^[YTV_aaba]VU^\WVURRPT[`a][UV[_ZPQ^`ZVZ[YZ\\abZWXYYZXY]YV\aaif_UUUQMKSSX[XPX[SKPY[^]_a\^beaMGQSPTWZccXRQQTVQU[`\UXQPTTOQUVW`nqnjcZOLVWYZXW]bc]WUUUX[UVW]binnl„“˜”‚i^``RIMXZURWQWVSNCHW_]RN]kswric^ed_`ab`UMOTX^_^`aadf[VYYZ^][\QSYVRUZ\ba[Z[\Z\\[Z[[ZUR[`^[adagbYVSTXYW[ZabZW\ZT\[UQMHUXZXbe]WY[`\QQVcgiga^YNW[ab`^^cc`\[[__eaYTIVZ\_Z[adZXQW^eeb]SSYagfdd^`_UOXa^TOZfhid]^bcbaacc^\WU^bdca\\bacc`^\QLVYX^]ca[SV]aa^\]`fdlqi]bfgdc]RLFIMNVdjd^\^_aca_dgln{€}||vpldchfba^YX`grxwtqqnfb`e_^_djgcb_\^`\Z^[V^a_ZREP\\]\]^]^fjfW\[]Y[^]Y^X\]ZVYWacdb]XXbcea\ZZhomhh^XGJHR^_WTXPKQSUUTX\[QNXUTNILRPPMPPU_]b`^UROLLOX]^WIHMSUUX`dib_YRKMKKSXTI;ELPJJKXWQXYUQNPLHCENY[WUVTPMLNRSZ[UQLHIGLSRTRLJINWW]\YZ\YVLFDHKQPKLPJGHGJJMMB=@AFQYVW\XOEHTVTPHW\VHGOTTTIDNMGB=NRLJNNKPROJHKOQLJQOC6?CFGLPMECMUUOVWZTHGIMP[YTVXSLDHMNQ[]VSQNQWXPPQTOLAFNSUQQWTPFBH=;GLHLMJLRYWRQNONFOKGCEJWTLQXUOKFHVLFDBIRNJQRTSKJKIEHOKJUXQDAAGOTQPLFNJFEGQRTX[WXZ[[XYTQWODRTVQFMQV\\[SOOPJKX[VLLKKIC:FTVP?SHNQNIQQPKIIE>CMVRZZVOF;=HKUTTSWWUYYSNQV\WTYUVRPKFHGR\\XWSRNNXWWWXWXXUTRPSTZ\UPZXYTKW]]^_][n‚ˆ€pjhe^ZX`eid_WRPXXWUNMTXYONVSTQHO^qte^\WSRYWUMFMJHPPFIVVMNYXQUVPKR\YUZUGMTRRVVTQQPWW][TTZTPYVOTYVY^ZRQXa^WNQ[UTTW[T[[Z_\]d]RWVRSQW\ZUQV[ZPR[[Z\RUZWTUOJHR[abd_XUW\\METXUSPQSRUYVV]aXQMMVRU[[RQU``Z\_X\URTWW_e_LY[UHMKYVQXYR\]`^[X[_^\Y\__]]Zaa^XROQ[^ZVLKNPV[_daRMQYZXYYUW[UUX_ee^j…—•ˆqe`UQPTYW^`__c`^_[UTTSRVYhtxwhY[\U_cdeZSWTOaiecYUZ_^bfc__^_b`\WV[`a^^dee^\cf_YV^cac`^Z]c`[X^b`^]_^SQWYRV]YRQ^fje`b^]`b\ZXPO[]]TMY]ZWWX\^Y]cfbZYaed`[\_]^dgcXOPT[_^]]^_`_WYccbdilmbY[[ZUWdieb^ZTQR\X^`^[cinpmjfggec`^c_RY_XTZZ\_^\aea`abecaYMT[__dgb`b_^d[VUFNQUYTUWRZbb[ZYafaYVWRVY_bdfgrwsxvogiebkjd[SYegfquvvpjc^Y]aekhb_ba]Y[aa_`hmkikhgeaaed_bec_[Y\^UWRMMQY^\a`ddd\TQWX[XY\\ZWYZ\^^bjmibYZ^\U]]US[\WW]XUSQKLSSWRNNOOQONORYZXMKU[]XVQOQNMKMJHFQUKPVVT[aig_UQNGKIJPROKCKSNIA@FJLKKOMKNKGMGCGPQMC=HIKWWS^^]VNKFCLVXQORNTVUJPNIJMUUTZ_]YVVMF>EGGONMLJIGKKKMJSVPG@ABAA@IRWOS\dc_WWUTOLHKRRTQQMKNOLHLRUVTVWZZ\NHDGVVMKLWYTOHOQNWWQNPOLEGLZccULNKLNQUXRF:BHJMMJFDKOMLPPJNNGFQQKW[WRNPOTZ]VIGDORWYWXYYOQW_VHMVXTPMLLNIFCHSWODDMRQOHEIOQRRPQTMIJQXOIEDHOPF>>BAEJRWX^[YVNS[WSUSNRTVQMOOQV[\[QHORNCCGLKJTQOIMPTLBAPTQPX^e[NJTXUQMNQPTKGJR[YTTUSPNNNLQXXRQSTY\QLOZXRMFEHNVUQOPWSMHDL^b\MCCNU]_[OIKPNLKMMRLOPLJXULLICDPUNU]XWUSQQVTRD=OUYVVSRTYPLLMMHLV[TSTSLEIHBGQUQHHLRTRRVWPRPNNRSQQUWRJQKKFEFIIGKNUURNVQOQROW]XPNJKPTSRORWXY_^\WNLHFHIMUURQSRTMRX\VOS\\[YY[RPY\\Z[c^\ZXX\]\`aaZnz‚†ƒv`]a^`fhghdVGELTUUSQNOSRTU[]YSR\_WTOSSIORRPRX`\VPQUSLOEDFNY\WONUZUTSLPOKX\YW]]UW[VRRUSQTVX^ebWUVSSPUZ\VV[\^\YYPNOZ\]MQXVXQUb_TKJPKUW^_XLJOPKHVad_ZSMSYSGSYXVW[WSY]_[YTOTTTPNORNT`[aaa_bc_ZVV[SOS\]YWRUXURYYQQJNZ^_cd_WJNOPQWZWYTPRTUSWYQUY`aXNO\bd`YRV]ZQQQU^cfh_UOKYdd_][VVZ][]blt‚Ž{nfbbZQQPT\^]^XPNOQRMMP_pvmhgd\UTX\^]^afaSOPW^_bdhg_]`a^[RPbg_T\cd]\_aaebea]\ZZVVOOW^b^[WOOSSWVV^hjhfhec]XZYZ``ZWYXLU]^bd^SQX[_]_ccabijaX[beflngecc\Y^cef]QM\a\]^daZ[]__YZae\P]b\VYba_^flkfd_YXZ]XQ\``cfbca__bijfcjiaWXamlfWS^a^[[\QW_`ZX^\VPU[`e^`iT\^YVU]]ZWVYZ\ea__[`aaaabdda[bjjhejpwzzsbdmkf`ZYXUTX\do~‚|kc^YWV[YRRU_d``^_[Z]_]XWS[^^`cadlj[TWY\ZXTY[\^feadc`]YZ`baZ]``^_Z[Y`b_]`db\XRVZ]__`UPQ]_WVSQQNTTYWUWXSLEOWRNWXUUXZWNQY^b]VNSXVSUUURSUWURGJOOW^gibSNTXTJGIJRWTVUSPKE?>QJ8<=FFFHPQTSQMM@:KSRRQRUWODDHMMGMQTXUWOMWXVYVSRPNHKNRONPSRQPNOQZWTTWUOJHAIQUYRNNPBLTSJGMORS\XG;JVQVYQJFENUVYYUUSLJNTSPQ\_[ZRLSTSUSNUYWRWYTRSSMMMSTNV[YV^[QHIKSNGEJFDITSSV\ZTNSRGKQPY^ULNKNFFEC59NRUPQROONIHFMWTIINPPKKINOOV\`^YURICIOUSSTVRPTQHOX[WQJJQVVUSPMR^a_XW\]TUW[ba]_c^]kz†ˆ„zfa]TXbc]]VMIOVXTLLJFJTJKUX[UORVYWPN[\ZUSONUWZYQRWVTWYZTNKPOTTROTUW[[VWUQRSX]\USVWVUUSQV`bade`bb^WRS\`a\X`_`]WXRUUWPIU_aQG_hbWYVTUW__^XVW[[UW\]]a`[RSTWX\SEN__\XV]\YSRSSQTOIQZ][[Zbha_a_WUTPQMLSU\[TNX[SQV[[[UMHT\]YTTXWVXZ[\^OJOQTPXddb`][VMJRX\XUTYbbZYUVYW\aaTKIXab_^YWPIJRRWex‹””‡of^ZIIONS[`a[SHGITTPLS\mqa\`a_[Z[W\^bhhc][VR[`__^]XT\^^]YaikcXW^a`\^adddc`]\XOJMHKQVeid_RQTWW\_eilgcYXZ[\ZZ\YTPPUYZY^`abb]][b`[dmne_ijaXTWXZdda\Z]`^ehiicTU`da^ba_VWSV\__b`^_[[^^chcPIU]^Yaf^^c_]Z^_ad``fc`]aie]\cknj_[ike]TUZVU[[PLQRVSZ[]YXY[]^\]a`\[NQWaf^TU\_]\`[_bdhffbb`c`chkjeejlqwyvnjmopgXVYXX\\bky~sd_Y\UV\]ZZU]hhhfd_VVWZ]YY^a]aa_`gjfZWU^^]WQQ[fghb][X[XW]_bbca^]^VSW_`^TVZXWYYYX^_]ZUSRZYRLPLKNURPMJPRRLMTWTURW]\U\ZSNSUUMNY^WNNSTVV[[VQKQWTORW]XXWUXVSVUOORVTSNRSPGHTRKF?:BKNQXY^^WVQC.?PVSGJVWRLNKLJRZ\YY`[RJQTPJMMSTXXQRX_[]RLMLSZWKMSW]\TJSWVUV^agig`_[^dovy€zn`SRZ^]ROMKOQMJFDBDJEDOZ[ZTPUPLKFCMVT[abbYNDFZ[USUTRSW[ZWQURMGSTTQCISWTSRSMSSTTPS]YMRUPGDEMBLPV\[\ZX[VRSSTRSLU][^^UMMPNOTZ^ef`WVW]afoxzxvi^U\cdaXJOQTQLIKNFFIQRPTSPKGIKNHAIQPFILPOLMMLJRNKFBQYUSVSOSXRUTVSOVXZYYXUTNDSTUUWWWXW[`d_VUYVOLNWY\]ab[MVZULLTV[a`[RYekeVQIJRNPZ\UZ`]_\^`SQ`a\\VX]UTWLN[RHIQVXKMQT]^WSZ\[^efaZUYWXZY[URSWSOJNVXWPPRW``WTMERYOS_cdZXWU]baXTTWU\cfZQW``TMZ\ebZQOSVXSNPW_`df]SU\Y[^^VWYTQTUV^`_cb^Y[ctx~†‹‚lZRRRN_kkkcYQOUTRQY_[ckhdge]TU[_[_YU\YRJPV\Z_`]_eed^ZROUUQXabdecca^^ZWX`heTTWOPXTQOQce\VVZbieimj_[[ccXX\]]WUSSW^a`\X_d_bebce^ZXVU\ghc`bbdffgf\^YYWXWW\__[Z\TXbehff_W[[ZZW\a\^a`c_[WSRQNEJNW_mmkb\\_aY\`^VSOWY[]_bikjjgbcdc]Y[YUQQZ_eiffbcbgjfaVR\\\\[ZWXTYZV\_]XSOIOSVfgkga\`efgcacheabgpsmjotpnifdlqndr~„wdXY]_]\_bdebgfdaZ]b``cnuscbf_XbheZZcgb\ZYY[adWVXWY`ge^^_bfdb]Z\XTVWNNVXTW^b_XY]cdf]SQUYSQSRMUWRJPPPXZZTNFIR]]XSQXa_YVZZRMLIJPTWUSOQUPIHKKRSIKMUUQPUTRR]acdfaTNTURGGONJGKNMIN[_]UQUPOMNSXPCINMOSRNRRTOKJNLJNMQQLOPKHMZUIKWX[a]QKIF>@LRSSWYXVPONSUNKPLSSKOQRURXYWTVRPNJFIRXZ_[QPYWTOWXQOOPPR[^YWXYX\e`]WQOPOO@=NQCDQSOH@MUSR[a]URRZZKHLLC=IRUVSU\^TREENORMGGONOYVTPSTWZ^ZRPRXZ\X]`]ZZSUYfjgZ\`]ZXVXWQNOTZXVWZXQQX\Z]\UW]\`cebYX[[YWT_]X[]Z[[SMT__\TLQ]f`^\UV]]TV[^[\acTQ``ZPS_]`_b\ZSMPNXRHN[\RRTWVYRVYTP]a^bee]Y]_[VU\b^XY_cgeXZ`_[W\oy{{ƒzoe]b^RU]adc]^`b_a_^XX^gkfdada^WRKMUT^c^OYcbcga^baeiea^YXVUZ_gi\Xbbfc^\^`_Z]^]VUZ\]\_b`^`hif`ZST]_[XWX[^YUW\cge`e`gie[V`hgga^deXY]a_^THNZce]SVSX]dfbY[ZX^a^VTPMNW]YVZ\`c[SV]cXDXceb][[UPWZX\aaa^[[[abYVXYYZVRSU__WZ[W^eaQW`[NHPUX_`^^`ca`^`__cd^beaYTQZ_X^c`[ZXWZ\bbYW_b]_cgabc^__gotkdfkmrkjs…ƒ~tnigkjmqw|xqjc`]W\b^_bced]WW]efcZbx€{bRLS[bc^[\`cc]\`ea_[`dbjlde`\[]]`fb\[Y[XXaghhc^[W`ddddda`dhhYZ[]UONNT[]UNRY_^PQUTFAFLONQPNRXZRKLOUT]caYYXQTOJ?FLKOXYRLEDPQNMPPQU[[VLKKGSY]][UPQOMPVRQRTSTXZUIEKHBBFLV_`ZURVTLPWUQMKQSRKHLA>MNONIMLEHEEQSCAIPROFAORNH>HNJGKPWWDIQSLKQVWLLPKJQUTPPV\[RGQPNNPRRKE@AIGMRTRVSPQOPSMC=ISTURXVVQNJ@>IHGJLJKMHILJBCNPQTLGHIDISSPLLFGNUVRPRK@GOQ^XRZ\YZSIKQQWXQGRSQMTQOJR^c]VSONOPIGRYWMJKMQSRQSSTX\XX^_[NLRSSTWWVWVPXXRHHMIKNQNSVRSXWXgx†‹‰ybKMI@R[kkbZTQJGHCGLTUU\]ZPHQUSabVIORUXXWTMPQMNUUTTNJMWSITVVYWMLKPYTPX_^WQX]]YWYYQILX[VUPRUQLF>FLTRLCJSMOTOORUZ]\^``_a`_\Z][PRPUQS_ca`^XX]ZQT[\YVSRTTUX[WTYYX__V[ejjfa[YYXUS]aaYP[bb__YS[\ZTLTUS`d_WY[_b^Zbfg`_f`YbaYURTYZZYYUUOOQNLIQYWV_dibYY]_dgf]U_b[VWZW]jqkbY[Z`dd]Y]^`afr}€|zvtxmd_\V]bhkd[\cdX\^ZXUX]^hs{wn_[XXZ[S\ih_\^_eg^W[aced_ZUVXU[\[XSV\^a_XTU^]^_]]Y\ced`]ZRWaegc^Z[[ac[VW\WX][]ckjf^W^gfaZV`d^\SWfeYW`gic]PPW^c_\][]cfc\][URW^\W[_XTOW]a_eda^UVah`\][ZUPV]]WUNFQ^]^a\RQ[`][[XU[\US_c^XSUSY`]W\`XNU]`^VUUXY`cbca[`_b]\^[[\[``Z\aY\ZSMP\abXV^_`Z[a^ekmkimnhbabenqnlqy†‰‚{pljnqvyvqjchhhbWY_bcced_QZajeghdbpun\Z^efe`]_`_bdedilg\U_aZZ]]a]Z]ZZ_[UXZ^hf`W\^^ffaW\_bgd]Z]b^TPW^\XRKOV[YMKOVXTIIGHLJLQVTLOQRWXYSMQSUeh_X\YMQ[VPMQMKNYZXUUORMHIJ?EOXVTPKMXUTIKMVTOGMPLLRRQNSZXMHEFIOPIM[ZPSUUWPGLNMSVYZLHNJ?HOTVQJMRVXYWWXWRVUTOEERXQRPKOUVIBGMIQVMJFOWWPOPNNOSWVTORKFJWTIKMLJGFEDMOLJLHEJPLLNNQPJJOTWOAGINIA8FPMC?GEGGEIKOIFMNPMMNGCAQYXJFBEIHLNJSUTPPJMOX\QV_bZOT]WYZRHW^XMHIQQRRULRQMRUPEHRTX[WOIJNPPQSVZYUTHMFEHRZ_\SMTSUOVUI?GOKFMPHJMHLY\`dtƒ’‰mXQLIIN_hga[SPVTRLNQV`gaZRNVYW__O@MSWYYVZYVXUWUVSUTRTVZPRRRUXNQSSXWOX_`WUV[`\WRNNGIUZ_a_\YWTMJJPWVTMGMOVUKJMXbeYT]`ab`^XTSUWTVVVTZVUZVRQ\]XTWZZUYWPENTWTOHQS\_XX`faWPNFUZXX[\WQRbiZRSVW^ba]UVREDQSTU_gba`__d`hfa]][YUQOPWXa\TR[VQRSGQ\\[dgf^UVVY`c^RLXef^WTWdnsj^^`\^``[Xbeddmv{|ztqqsh[[ZUX_fjf^Y[UPV^[b[YXU\q€vhZ^bce\X`aUSXV_^WWW\\``ZZ\]cd\UOR[Z[[^_bcad_^ddbZZgleZTU[Z``__UNFQ\aZT_]TWbfYbjkd_Y\Z\ZTLS`]WYX`]Z]]ejg[UW\ddb^Z^`c`\WZ[TTUX\_`igaY\_`cdbZ_``ciiia^]\^_ba[URSZaYSSSONS`cdc`\``]^_`ZTY[_b_][YZUQVW[[MN\^^^]``\TbgbaZYY\YZ][TVVUXTQKP]aQ[_^cdda[dqrrpkdXR\jhfkkiotv…‡~nkiehosxxqe\[^dd`Y\\\^cc\_hljgeea_ahhcdfdhjb[X`^W^^bfhhb[_b^TXY]]YV\dd_\eechhb\Y]enk^P`dhlkhdaccUPV\YQRSPQSRNOQVURMHBDHJLLONEIXXNRXVKPPP\a^]^UDR_]UQUUOCGTRYWPMONEIEIZdh`YS[be\OLOPOJKRQLJTWSPJJLKNPJMOOMNRNBMLILKIJIIPVXURURFHSTYYTPPRU_ed^XY[[VOJIGRSRLLHJVWNJGCGRRHFLJNNNGK@GJJOSWXUULFMIKWWPEKNTTWWPNNLMSUSYZVTTUVVRUQMCCJPHAFSQJCILHFJJOOKHIQNNOICCHY`YTB8>KGLMLQUSXYUJHEQUZa]UEMPNJKEIU_[XRU\XSTLFFMPRUSNSTUWYSLLRU\ZVWWYZYRNNUYSQQXSMX`e][RGBGTWLCKLNSNKOQY\[gv†Ž‡s]MMQRMTX^_ZSPNRLLMSU`d^UTMRQURNDCPXYXVPUWVUSRQPPUVZ_XWYSKJPSSRRTTQONUYTQSWXVPJGA<;AEW_da`YVVVQRPXYTTUQXZQIKIYWPQ]\VPSUYZVV]^RQSW[WPQQIPW\]YVY\VTZWRNQQVWQNVWWVJU`_YUZRLRUZWSMTU`jdXSU[]]`_]a[OJIOV^gkaX[UPYejaWTZYVWVTZROXd_WZ``\[XRUTVU]a\ZVSOJOWPEOWbllbUVajj[WX\fhi_ZT_ieaknqywtkea]`^]VV\mtk^\WPNRXbjj_]ZWdpx}wfWZ`kg[ZXTU`YTRU\YZ^]Z[^_\]_ZTTW]c^]\]bhhgb`cge\[fh`ZR_jk`^eb[Z\_ba[X\^Y_ef_diec_[]_acZV[aa^_^TGS`d`c^UTX]^gegfbfgg`^WRRXV\a\[dg^ZZ\]kol]T[]_ggiaUKR_`__`\]bfd[QQRPLMLX][[]`ZQZ_XXWZ[_c]ZVW\[]\ZZ\\^a`]bcafe``cba\[aWS[Z_dcS[]VTW^Z\ddc`^^Y\iqrqql^Z\fhkbgiany}~€xtonfaagrvpge\TV[Z]_cbc`_Z^ejidii`Zciged`[`fda[]aa[V_bcaZZ`_`b_]Y]WOUb`Z`ccada\]]Y`ig__]\djbcb^]`YOU]XRQSZ^`XSVUZVWUQSUQNLGFBAHWYRKPLGRXWV_bb][VTWOOQ[\VMJKMTUNMKB?ACJQa__[Y]\^`ULTRLQTWYUMOSVQJLKOPNRTRQLJOPH?=HSQLPNNMNNJQSLHQUOQLGINIJXc`ZWUWURLONRSVQRRQIIRMLNFFPRNLRQORVSIDOQMCERVZXSTXPRX[SPPKUXUTRUPOSUPSX[UUUY[VRJGMLMMMPNLTNA=KRPNWVNJIJTTIILHGJQ[_[UOMKNPSUTPZ]X[RSFEKPS\ZNFLSPIH@CHJMNLRUXfdmtƒ…{bPTYYTV[VWUSSRPHDMSXac^[XSPRXYO:AJKIKOROSSRMLORY\WMSVQPOMT[aZZWNLNH?>QXWWUVQZ[SJKOONXTW\]XPIPTVYW^XOSNW]]YXVQSKR\_\ZPHM^a^Z]UUSPXXWUNHCHMX]W[^YQPUTNOQW_ZVWUQMR[df`\acZUVYUTW]\W_b`\XVYOQV[c`Z[X\^Z_`YSPPUVXc]KDSZ\[VX^_QTZeaac`]_\VXNKK^aWT__YOR[VNSSXgj`PR^da]ZMNZc`_X]adccipuwukZS`ijieccbhmmihd`XXS_ee_\`UTYkz}ua[jso^^[U\\SRVZdedc`XSVVWZ^aa^_[WQQYW\caa\T[Zacdecbda]b`]`c_Zeihda]XY```ffcdca^PPX_a[afge^[YVWW]dfjje`a[\aZ\fgbcggc[UQUYW[_`_d`YZaaiorj\OX[YWfd\\^[afljf``aa\YUTQJBB=MUWX_d_WSW\TSZdd_^YX_]^elja\WY[ZX\c[`ec`__^SXaYWaa`hca`a^\VTY[ce`^[TU[gigdgb`fjlksupfhvwvx€„€xkfadiqulfh`UW__]]`hdXOM\cgdchdcbed]ZZU[bccc^[`\Y[_bZTQY_\__dehe[OSTVVVRPVYZY[]UTW[^cb]adZT]b`\Y]_`a[XQU]_XVWXXXWUX\XPRKIFGJGFKLKJKBCKWWPTWYTVUUQMSVXXPONLMSVIDJOLPNHBHQT`bde`bYTZZRQSLJMEBDLPNORTPIOTQMIAGKE=;LROIKMODHNHHCAV[WQNJ9KTOOTXXWWSSUSOMLNVUKMPKNPQSPYXVSRKGMCCGDB?KW\YWMLUSVV[WSNMQX\XILQKJWXOLPPILJ@BLMWXYWTPLPPNNSZZXVLFRVUVZQGABLZ\TNK>EQEFGDTWWVX\UEBBHGRRRV[TKKXUQMSTQONQUXWSRPMMSRS\c[XVVWUQNFH@APXSSPTOP[coq~•ŒwZPX_\dg_RZXTQOLQRU]chia]UTZY[SMSTQT_^\X\WPQONSZ][IOTQNKJK[][WXWYVRLT_bZUTUUW]XLIU]Y[YNEPWTHHNLRTY]\VQQafaXY[VSTPW_`\SQOUPTX_b[RYa_]YWVXPRZVV[XROVVPMPPZ[VUVRX\^c]UUXY[^d_ZXZ^\V\^WSNU[VW\]^\]`[XYTSTSSURV[WPRSQVY[\TW`_ZQT\cZY]_\\XULLMXMCO\[Z\^[X\[Zb^UQWVT_daUOV]`]_bejdglw~}wl_\`ggeeef^Z`fiihf\TTY^WORRQQQRiqngagjec^SV_aZZUX^a_\\]][]X^bc`a`[YVW[a\^bfc^]ekjf^[_c`[Z`c`^_\aca`]W[_ca`ccb\VV[VUVY]U[ffhbZUNV`aZcjmi^dcee[T\c^`cb\YWUY^^TRYZUYaeb_]`_ZY_f`PXhhbahd^dggiehi]TUXYTTLVVQPSSZbc_Ya`]ZU[`ZSV]_a`enkdVSZY[`fb[NNTW\`b]Z_X\cedb[^`bU[[[Y[Y\a_[[[`_cc_bcgkmklrvsmchlibnzƒvngknt~‚xonegifd[QYccZNT^cb_`fdhjldZ]bdhjgfc]XYWZ\chaXZcfa`]`fgd\VWY^_YURVYXVTXST[`b_^[^c_Ydc][ZZY_YUOLQQOVYYMMOVWSPLGGTSSQUXWWTVPET]b`XSUTPPW\TRWSTVVUVQGJPLESUSSOFBEQX\^^aaml`SQOLICEKKKHQXRORVTTXWTTQOQPFINOGIFCELLKSQEELTYUUVTPKNRSRQX\ZVMJNDCLPSMMLHKUZ[USVYUPL@88DOPGGFLLTYTOKORVXXUQHDKW[YTTJ>KSUPNMLDJTPP@FRWRGXZPPSLHJIRMQPHKB?DFQXTTRNUZ^\YYNHMUPIP[YTWSJOOGBGOSVWTMSVTJRPIHPXU[[WUV\WTTSPQKDTVV[XTOTlqpo}™•‚gSUVcli]W^ZIGGMSZ\bdgibUST[]XSPU\]Y[`ZYXUOFENVWXUONUUUY[QTYXWPORSRSZ]`[SPPSXY[XUPKWXTP_`ckeZ\Y]^^_\ZTRWVUVX[YXS[TNV]``a_YTNWYX^`ZMJUVQIU]_]\^[MKMV[V_VINWSL@IQX\Wd^RSQ[YX]]YXXZ^``\Z\\VSW`cefcgehhejtxocekogYQW`a[`gmlja][[XVY^Z\WV[\[XSW_`ehd[Zdhhhhebcea\XYQU]dfcbYVQQTZ]^Y^aZY\WW`_afhpg]\[^^ededddcdaZTXbaace`^Y^bZR]e`blng[Zbd^VV]fnkadgehbfh][TSSPXab]Z]^bd`WKLW^`cZ[^`\TQW[WOQY^ae^UZcgc\SU[aaabddZV_c`^ZWRLZ[TVYY_`ZNJLP^bWI[a\WY]cfg_WafaZTTQ\aa[XT\bgfded\PFGS_dhgekoh\`gff`]`dchfb`^flsrjidklnruplke\coutiloh^[_YGITWUTQSZ_XST]cfdgie__b\Z^`ab\[\YYcjbU[agkh`b\X^a_\cjliffegf]]XONQ`ebhcad^]\TUXSYZbba_US^\TZ\]ZRWUSPGJU__^WTKDS_haQTRRNUVSTSPY^^\YZVVSQPSWUWXYUMHDIJAETWTVY]cs{zrgOJIDGNUXWWTNBPSSQKETYXLEPW][SROMRVLEBBLSWQIHOLHKKNPVSWZUSTTKFPWZ[XWUQQU\YRQLKUXWSSNEBHMKS_`c[TUWUPISWJEKOLKKOSPQSKLLA;CMPPPIBFVTNJOSRMMX^[UOGEGIMNSVK@CBKNLJKORORUSUTMPQVZ^WAENOHGX^a]XZ`YNJLFCKKMH>7GUSOKIKQTW]WOOQTXPHOQOKOUROPRSRFDKLJHNVRIOSQMKICLTXW\ZUX\YSTTMLRU\WOGLOTQRUZ`ddc~‰Š…y^U\cmoibWPRUNIJLNMQY[^UTQS\bb^\^ZTUYXUNLELVSMQLQRSUU\WVVSY\]]VUQOVSUWVSSTWKCQTSNJSTWTOQ\c\TMQRPP\\^`]\]]_gi]MWY]_`Za`\[ZTHT[dcWCFTTZ[ZSNQKUXRKSTKKTXWZZRNT[WZa_enib^WVU[_ZWSV^^YQPUUNOVTOST[__]NRX`^TTb_UIGQWT[fc]Z`YRUTQYZXLJQVQXVMS\]QO___\^\Z^]WOTZ^b_RSVXWWW\egd_ZVXZ^m{|n`dijc^W\agedbece`dkiaX\^bc^WXXWZRNXWPY]]ZdipgZW]]ZVQTTUbkid^]\UUY]cgcWX]YW[Y\]^_]flqc[WXbcdc][bcdd[S\^ZYa[PQSW]]XZTWbmpe^gg]V[[W_a^^ejf`chji`YW\X[][UZfe_XQFJV^eeaZ]`eheZ_faZ]`hdcc\UXbfbXQU[`gia`^RX\]WX^WUVVZ`_`db]Y\^``\SQ^dgf_Y_[a`Y_gbZZZ[[[SWXY`cfbb]\WWRQVeljid`daZ]gkj`\Z\]^`deddprlabbclollmmnolkoqkdggfedf\NKU]^^]YUZ]^]bf`]ccbaddb`^Ydadc]Y[lpkb^_fga]Z]\Z[adeccfdekkeZZ[SX^de\XPTVWW^_SR[VT\a_VRZcbWLOPSST]]WSV[^^`^\WOJLZ^XXXXVY`\YZVY]`_]\XXTPTMU`_db]PLFMORLCOZZUYWW^jsqlbWWSUQQORWULJTWPMLQVPNM?LW]UOQUOQTQIKGGKSWPPOJCHIJLSTX^__WMQPVZXUTTTPOTWSVYTQUZXWQHFNQEAS[__YLGKMJGSSFJKHMLBEMKKNMJIFJMQQPFLKMXTHHJMBDFKSWTUTKKNPNVVQKCGEHEHKONRTXYZSJJFMNVVLGNVVTOLVWV[_XGLOE>CLQYHIRXQIJHIGHTWTUOJTVLFNNPRQPPQROGMMIGHPY^_XOOKKNOSUW^ec_^a\WUUUQLJLS[_XVSSVUQMQWbeaev‡‰€pc`]gomcSIAFIISSIAIQW[_]\WW``PMVULTZ[WSOMS^\XVSUSPTTNMOPJHMYYTSSJISURPUST[[\^YPILQQU\VQVZUVRMKRYZ\Z[ZYVWNV^]_]\U[^_cfd_URSVXX\RPSUTUXQINVRNTVYZQFHRYZZ\ZSU^XY`XU`__RHQV\^]]\]_\X_a\WLOUUPMKBIW[XZ`]ZUTX^[URZ[V]fe[QMORYSPW[_cWWY\WKNW]ZWW\]\]]XX^YXXWZ_\V\_[\ZVY\]TMTXXWaiwyulilmjaZ\doqne^\\[]hfYWX_ee`ZSWRSJMW\[Y^cdakoeZ\^]]ZZWXY_giaXZ]]XUYX\^Z\a_ZZ^e```YUcklhfdgcc`[]a_`Y]eb^]\_`[[\Q]d`YY^bejdWbbPJQ[[ab]Y_a^`age_\XU\^a_^]Zbef\XRWbcdecgdabf]]d`Z\`cfffc`d`]\aXLY`__daYZTV\a`V]\UXVVYXY__ZY\bb\WRV^dijf^XV_c\Y`d`^`^YSQY[\dedYPLVYVMW\\aY`[YW[UQT`f]Z]WSTW`^WV`ic^`^Zfmkgmx}ymiig__cjnng\OMSY\_ZPNT]`_hf]T]dhic^cd^ZZ_`b`Z]fmiaZU`deb^[YZ\bif`]^UUfhbTX_^_chdc_ZXVX[[\QY\\[^_b\SVcaOR[[UTY]]VIN_``_^WWYUMLQUWVNRWSNPQR_gebd]TPV^b]ZX]_ZSLDIQVURHFUZSPRPOVcghiaVXSQQPNRVSNOPSPO[ZNKRRPU^_Z[_YPTRTNOOOTVVTRPOSQKHNPNVYTUSUSPVUQSUOHJSUNS[RJKPWUSNLRTLFNOQXVI>FSRNNPGFHFLQPLTXXURPMPHGLQTUTRSWXJE?=D@BHLLTVPGFPOTRLMQK<CINJIPUPFIGNRJBOZTMNY`[HIPRRSNOUZ]XRLMTWPOJRWN?KVR]\XOMPJUJCLNVXKCMRKTU[]]^_dc]XWYNIKMMPJEHORWXXUQOUSGGNROOMTX]^XUU[VMNQOWfooi^VVRMMVV]afjdeilhaQPQQYclhaZY\VQWZUU\^]\YVUZYTMJNKBAKNQSTQOYZVOOPMPVXY\[``WUXZVPRWVTU^^XRLQ\]XUPKEFUbje[XY[RQVPNLLPPMMOSWTQRNQV[ZWYWV[^a[XUSSTW]^VUW\bdaUSKNS\b`bdZSRNS[XW_]Y`gd`TLSZ_dd_\``YV[\UQSU_c`]a`UNSUWTQUWX[^acjkf\OO^a^]VWYQMOQRU]c_`ihgb[QWX\RTVVV\`^[LNYY^\OLRVY\bb^]affmvyrecb^^\XdgjfgfZMV]_fikjd^[X[Y[afdZW^^XWU_`^\]Zcd^`r{xnd]_bfcY]_[[ZTSRTOQ\c]QUUOLQWZY\_`_^fmkd[WWTQMNOOYWWZUVY]aeb[Z]\cccb^XUW_egc\aeea^__\]\]^`a[Ua`]\[]`ca_a]b_`]_afllgc_QPRW]_[WV]a\`eiopjg``eeb_[Zerwska[`aXY]YNOSTWVZ^cce^[ZbdhegjbZXYX`gf^^`Z[b`\cc`ce`W^``ccbdgeXY\\RUPTRZed_\akg_cjjgpvywtnptsw‹•”†yuh_]YVR\dgda_dmi^bgmjca^WTY]^ceec_^^YYbifdegihbWX]_^Z\_]YU]_^UV\_bbU\ehcPUZ_b`[YY\c_TVimkic_YY]a^\`_Z\d\ZZZXV^\]WSTURTWXHIQQMP]bc\]\[XUSTSVT[\XW^`[WX\]_XPRSUPQPUZ[[`_ZRSUVUOJPVSJUYTVWZZXZYVQILSQIMRXYUTMMLGKNX\TGOMOLQWUHFSW^]WRGKLKU\[TRZZSGKGKUQQVVXUUQKPUQPRWSIGKKR[ZQMIJNVXSMPRIEFEEINUMIMPPVUPSROLFHJGLMIKH==CDBJQKIRVLA>ESOKOMHFMOUNNUZWUT_ibQGOQYVSFMQLMMJGQWTI=@JJ:G[aab_WOLFNYFLLPSNJNTTRXUV^__egi^YWTFHNSRRUJOTZXZYXWTSUTOUSONRV[acZRTUQLLJ^gopl^SMRWSRWa``fefpttjTSVUTSZfkic`_UUW[]\`YR]ZUHOUYTLRWKAJQOMLRTZ[RIKIBMOUWVY_\YSX[VV[\ZOLMOPLKU]\SONTVPQ]_XLSZ[SUQJGOTUQNPRXZOOVURRTNLSTU``TNOMHRY_bZWTVMUacd^\QNORV]]TT\]Y\XX__Z___[YYZ]U\c\W]WUUZ[VRNR\a[PY\YTVSRVUSMIJY][Yac^OL\^ZXX\ZRPTMKW`b\RifbYMV[WXVTNSTY]\R\^]d_WY[USX_^Z^bccanqlgijfch``acgii[RINWbdgbba\Z]_]fg_OT]YWWY`db``^]abbq„}j^W][W^ed^[]^ZZUPO\b_^\_``]XWYZZZ]]]eiecYVUKNZ]YYZ\ccbYY^ada[]cca^\WYX`imjfaflf^bef\XURVZ\ZY^_c\\``ahh`[Z_\W]\\cdabXR\baeeeb[UW[fhigfhg`QU^e]UW[`eplgece]PSRLPQOMPX`jjbWQS^becjpj_^ZUXdg`^[^a`[WPKX_gjjbXS[]Z^dcZZYONOWa[^agcchkfZ\bdccijv{wrrqp†ƒ|yvnhd`]X]e]adinplegiihgaYZZZacheb]X[a^V[acgf\VUQU]\RYXZYWSRWba\[bhgd[SV^e`RPX`c`_W[__^Z]cgicZWVXYSV`\QY`_TUVUUZZY[]\`_XROQMQTLKVZWSVSTOQWWWXURTOWVUUZ[^\ZVOKPSRPINTROSYVKKTSJ6=KUWXZ\ZXZZ\VUUQKJQWURQJUWWTJLQPNJTZWLOOPNPWRPWXWY[UQSRQMPSSEIPQH6:@KUYUMMLLKMLLLJHNVYRKECRUSTOOOJHQPKMUNJLKGIMJGHQLLSUTRMIKQTQIBCGIFB:@HHFOQIPUPG@DJGFEGLLNOIRYZVSKG]feVLMSJGGDIJJKHCBKROIJONIKMMHGHSTMFNUWSJSTNKIJMPMKPTRVWTNFFJNMVODJNOF?HTUTIAHKLQNNPOOTVYZTCCILOLJKRX\\ROF@@;EIIHMQQMYYYZVLFEGLRTSQMNIQTTXUMNTWWOMMHJNNMRSOQWYTPNRUWWNIIGIRYWMFJORYTQQXWYVUSQbkgjiiqqi_WVVZ`^_\V^\_`\RQLEJUZ\ZXVRSUW\XRC=BEPY[LILNNPKS_[KHNSRUYWUZ]`]YXSK@EMRTZ`cZOJOVXX^\WVSPRPQWUOKR_^\ZTOPVVSX]XOUUHJSVWX\\RPQXYVVNNQLQ_\XPJV_a\ZUOLLGJRQUNL^aZXageZR\e[XTWRPVWILUSVMQX[^`bYXTRXYTIMU[Y[[[[ZURYYZbd\[ZSRNLWTNRX`cb]Ybd_YVX\^\[deea\_\jkeZNQ\]XPWY]d`\YY[^fcitwz‚„yj[`mle[[\^`b]deg`]^ejkjib^YSKUYVNDRXUXWTXX^djooaRMJR]aabeeVZ`c\Y^[^c_^_]YUcgjjcYWV_ike\[cf^YNSW\acc[^^\`bc]^decbhhc__d`]hkc]bb``VRUPXdif_XWX]b^`hhecdd^]_[^b[^[_eghfb]`gjcWY]a`^YSQNS]dgfe`ekof_m{|wh]`adc\ce\WPTSXZbfaZY`ejmcZ^UPT^b``aea]\ddfe`deaZSSYXVW^ce\^beb_]ddfihc_ZYbeih^ftzzuwzxvlcmw~‚‚|wtsmhc^_Y]db`ac`adcdjqrnigjebghcX[fjic]\TXW_agigbbcb\[Y[]X]gh[Z^ba\[]\WTZc]Y\[X]a^[\]]ZX_gnkiid`aa`cfdge^_UHO[]YZ[WNNPOR[\\]ZUTROSRQTX]WV][VW[aaZX]ZTQJQWYVVTTWQLNQOLIKJQTT_`^ZY__WXTIMNLNRSRRSLOQSJFMTTRKPPRRRY_``XNTVQSPORSKKKJNZYSMRLELNPQHLVWW]`VQT][VFDJMRRLPNKJOSOMHDHLRYZ[VOKHAAGOLDEJCHKMMB=CGPMD=HGGIQSIJPPORMGLQSXTLPMMLOW[TUUXRMONJNHJNJMRQJ?EDBJOQSQJHNRSPJKIKSRNVL>BCQULGHPPRTMOSJFA=GIKPUTOMW^`ZSKFHMSWVIMQW[UTRQPLR^]WPJLOM>CILKKLJJEIPDAJIGIQ[_UNEDKOTUG>AOHAKRROQPQRPUSTSLKMPRPLFKNQUXXUY_[YTPPTVYWOBLUVQPSTX]\[VYciikkh`\\alqurdYJGNZVUR[^_bgkihfb[RVYSNT_bWZZWUWVYXQLHPTRGGR\YZZTOLM@DU]YWce\XOINQYZ]Y\WTX[[YVOPV``fhcYXWLELKSTOMRaaWOVVNXZWT[_^X[WNKMW\VKRY[^WOTZQHVZX^]XUWVHIJIQWYWW[\ULOKNNLLQU\WTZ[XQQZWLTXOEUXUQZ]daWQT[\OUWVMORPUbaUY_^XURQZYWRRUWZYY]ZQUVZU`dZQPO^TCGT^[KEWYY]_]XTYLLQSTZ][][^acYQYZfkehr}‚|lagil_]chkleZW`Y\fdZ^cffehcWU\aZWWKPPS__\W\o{|mUTSUUUTV][WXa_TPTZ\VPZ\^YXZQRX[[^NDX`b^VY]^XPNMOYc]XVZZ\\SN\b][`b_YXY]WWUTWZUWc`VXTR^dcda^VUacXSRUYZ[Z\cf_WNV[VTTW[^]_]aWQTZ^\`d_[_d^afdYZ^chhe[VQTYZXRO__\ZgmldaVJERQTV[bbbc\ZY^bfgda^adfaZZ]Z`^``[_b_[STX`ffihmljffeaZWVqokhjeejke`_emrwrnlicadjo„{trqkcabbbagjhbb_gllf]eiljfcmorhcjmokaZYZbc_``YNN^eebd`fgacZYb`[]XWZbfid][Z]bed`[\TLQ\msvtje__```YSU[][TTXYMLSZZXWX[[WY[RSXXXWZ`c^_``]Z]`a^ZW^_\[ZVY[_^]YRRILQMGNSSPOIKQOZa_gcchhkeWLMLIDPSRJIOKEMNVZ^df`ZWSQSTQTWRIL]ZPLVYXVMJJNL;@JMKRZZROKGTSW]XPHPTNNNSYXY_^UCNSJCGOTNCOU\[TUQLEENSSKKOQSYVKMWZSIGLHEIRNAJVZYWUTSQKINOSVJCNQNRVUNIMXRLPUPPROTSPNSRWWKJKIILGGDDGLRLBIRQKHMGALS]`WKKDD;DKSGR[ZHFNWXTPYYVUOGLTSNEBJPGFKIFHQZbe]Z[OLT_\UKBLQIHJOSY^\ZT[kkc^``b_RMWhvwm]SLNQT\_WVU`nnidfe]UV\UMT^]QU[VSPLNTRRJIMONQRRTX[\]WQQQW]XWa\PJGGKLOTZ\^]\[VSOIHEKOS]^WRZ[SJORUWODS`d]QQZ\[XOQNQUSTPKKW__]XYWTVVVMRWWZZRVUOJSXMRUHDRZYXVTPQPRTTTWWY^]QMPYUP\WLRXXOXXSUZ_gdXVTVSUXUSJKOHQ\]TW\_ZTRUZ\\Y\aaa\WTSGTUQS^d_ZWUSfaY^bimcYS\]X[^[TVTJNPNRXY[]ekj`X`e^Y[jjs€€zhgkg]RW]^YX]de]Z`YWYY_eggkfgllfb[WUNM^db_aq€€s\^\UUVW\_[XXXTPW]`\TZ^^c]YXWRW[UYTO]]PUWZ]ZYY[ZV\]_ZVY_a`[[[XQ\fjeZZ_\VOUaih\`d]X_]Q\[]_^[SVZaa[Z^[Y^baee`TY]_^YZ^^[\_cc`YUU[ZXYUU^adcf^RQ_dfdbaYVUV[]YVY\[Y`heca^_ZOSWSW[^_fffb_dikjg\TYdcY\a`ccebZV[\ZW[eonhdfmnhde_X_UY[b^bhoqodchidcajnkjb[U]gw€€{vhbaekhb][dhjhmlmpqoc]fhg_joojecfmmd^aa]^[Z_`_RT]a^^bdd]__ZU\`Z[^]VVbe_ZY^_iib`a^YTP]ksuof\X]aUPZXPTYVUUVXZYSQSUVXVSSLPZUSX\YXZ]ZXWZ]^_^Z\b]WTQOUV\b`_\TSY[XTTSTRSJLHKXZRKS\\W`gnmh]STXXNQUWRQVSPTYX\ac_]^[Z\XSOT][WVYXPMMTRMCLNOSSRIKNOUWSLMJPOV^\VOJMPNKPTQFOMFKTXOHNNSNKUXUMD=?EHLVXUNKLIHRUKEKQPKHLKLU^]SPSPQRYULGEMROLIJMPQQPUWVUJLNLKJKUWQHB=INOUSUPEIMKNXYXVYacb]NQMKMTXVSQQWPSXPLQWVUKVfili_X\YONMg{{m]RTTPJ\`ZDMVXYWNHSRHAPTPLOVZYUPIOY\TRUUQMSUURJOURURNMMMGMUSPSTSOJUTMMUZUMGGHFJIMY^UJDOVRUQQVUL8>RWOTUWYZWTQLF[ZYURQRMMX@@GCDRY\XX_VOPKIKDB>?IPZZZUQVUTRPLMIHDKOTRLQXTNYVIGJNKOUcr}p^XQMRVgy|oZOONM@LUVOOM\ba^ad]QHKUTSYda^[USUZWRRMABCGNQPRQNHQSVWOKOYVOQTPKKKUVSORPSV]bcXNQ[ZUSWZ]WROSOEMZ^ad]VW[_XMGMNQV[OFJROQWXNKQ\dbXW^[TNR^a\SMQQV]XQRUMMZ[\]YTTTZ`c`\RKMLPRRNFHGLW[XYXTHEITXVVYZ_\KKSY[W\VMR[WPNPQWUTXQCO[\PQTX]aZSSS\ZNOMLTOJMQTHYXV\][X[``]X[\ZY[ZXSRVY][[\ccchhcabf`ev††}f]dedX\_ccc[LOFKNR[\WY]diifib\\[]]bgmjluwk_QQQSVVYa_\fh][YYVVURUUTTXWURNZjmf]Z[^\WYXSQTZ]ZPNVXX[`_bed_]YOQZ^dhjecbec]WY_ehcYSWXTVa_ULRVWX\]\gmnmd[JKUX`^[WYWXWNPUPTadeb_^^cdc_`acceecgjlfS_\POTW_cadehe`fhcfkmlgaeaVEKbhWZif_abdb[VY]\^]YWY_]\Z\`b]\^_df`W`d^RTUXahg^UNLI[UU^iqpg^`dfjmjciqvzz{xyzthbfh`ZbgaYZcnoffkg_`bbbbchjfdfa^fd`XX\abcbgd``ZRYbhddgacfaUP[]fb`a_]W]_edknlkkkda`bb`beefcdeihecadhgghkgbb_QIQ[WZa`ZW[^_]RX`b`^]__YTZYLUWXX[YY]XQQW[VSYYYVTMJPZXQIMLDHS\]_bZVRTVVYYXQGQSQVYYV]\ULRYWNFQWWUXSIOONU__WQRUOMOLSL?=JTOQMJMOPPJRUOKW[^[UOOVNCJMEISWORTOHMWTJHUXUZZXZWRRQPSRMMUYO:=GMSSW`_X[YPNYSQUSPNOPTVY[TMSVTRM@@KYQOLJRUX]]TPUQSVUNLIFGKRZ[QPWULLWZXSOF@USKQUSW\^WTPPUXVPMRTSTWX?JMVY[SD=FRY]WP>BFFJTRSPPVWPSWUMFKIKMGLNTSZZVX]]SMRLONWas|{obZTRPNZqwpc[[TRRMJGKNPTYY[^]YRQQYZV[bed^WPTSUOOO@BOQNHJHHQQV\WPOR[`^VPVWWVNT]ZXUY[WZb_YWVSSVUSVW\VMQOPU[\]^\WWVXXRPMRMV]VUYYP\_XUOIWcg^WVWYWW[[VQVTMOW\TRTVTZ[U\[VTSQTacaYRQQWYYZVMDLSXSUOTWSORRRPSZdcYTX^dh`TSUPMLLSYXTW[VMOWVQIKS\]ZZTKRSMWYZ\YUNDHN[\\]^\bbcf]Y^`bbbed^[TZab^fhd_agffjhffbrŒ“Œzhgjhc]eb\S[^WY^\W]`^]_afjc[X\cdc]YZkoije]]YTOU\X\``_a`YWWZVW[]ZOUa^YUVT\dje]OX\ZZ^abYNHHHSYXZU[`aa`b^ZVKQRU[\[]\ZYZZ[\YX^]WRYWUU^b_WXYWZ_Z_elnjdTRVVPZd`cb_[NMSNIRY`[`_Z\`dgefc]_a^ejliXXcaXRYZahgdgia\emnkffhhcinf\Zgi][bfcaacb_a_efkhd^^ab]VNW_ZX[_eh`W]aZY\abglf\UVZY[`d_Wcijfibfhkicagotvvrs~~s_bomb^gf]Z\clnefpmagifkbZ_b^befefdiighhd[^_bdhdchhb]cggknolif^]^Xa[NU[_ajiiggkgeaW]aemmhica\[`b\RW^]\ejfhjgNVUVZbaWWY][UHNU[^abbcbTMIEVVOT[XW`c^RPQPPX[[[PLJKRVQQURHDPRQLT\`XLPV[[SLU^^RKRSW^YOJQSUNHNUOJUTQKNLP\YROPIEOQTYVOHJPNPOJMIUVRUTROQPKQNNPQKJKG>EQSVSQJFLVTJRXYSNRY^\QOFKSUSROPRLCDNRSQWWQRTFKTNJPOLH=CNRVSMNWTQRKDDIQQLLKLWX\VTZYTPZZRLHDLSNLPMTYVLDPSQKSOCGJJRY\URMFJI?>GPTXZYUNLJLLXZ[SQKHPY]\YOAANMV`_YWV``_VYVRICJMNOPWYXZ___]VOQVYVNTV_kibYRSTUYenusj`ZQLPPHAGPWVURRKPNSRMNUUQV[][X[XJLNPRPQUXQKLNQUW[_VNLNTZVURTRX]ZTVZUW]]PLKLMQPOW\VNSX^\SMMRVY]baXY[TQNUWNPVW[TXZ\__UFIMMZcgaYYV__TNINZYZVMSY[Y[XUYWPT]``[VHX_UOLNVZWZXRTKLNRUSVLRTPTWXTFBOVJP[_agaQRSPOLTQPMSYZSMU^bYWY`]YS\]PRYZce_[XYWPPTY_XXTQNIV_`TGVZ`Y[\[YSPM\YXdic^`deb`bfh`d‹ph`W\`eidWSbg_VXZX]_YZ[Z`b^_\ZY[[YQUcif`ZZZ_\Yad\V`hic[W[[RJRXYXUR\\ZZX[NUZXVQPNNNR\YRRROW^_]YYW\\]`]VYZ^`ehb`][ZRJNY`b^PQXSGUXYYXUWVZTXWUTSTYc_bb`faZZbc`^a_WTOPPSVWaa`aZXaaadf_[\^`eda^baaefa\VX`]\`_TYfkgefhgcbjj^Y]\]gh`\WTV`a^\_eda\hj`]QIKRRT[\Zfg_\Y`acY`ece^[^fhfcfkea^^djhjmgjee`Wfitx}n_gnrkjeaacdfjlfeggc_edc^TSU[a^]^`bifefaZV[Y\^a_^c_X[]dikfjkllg`Ybd\T\ZW`eeZ\egdeeegcbmjda_[X[cfc\Z_YZ]dabjhdTTROY]^^^\YWOKJQRUWYYhe\QVV\^RRYWYeh_UW[_`_b_YROJCAIRPPNJDBBCIQ\]][__XH7GRUTLKKIPYWVONLNLJLTWY[UKKNMOWZUYVJJMPOUWUTTQMLLLPJRUVPPRQOQTQJIHFGHEBFT[VLE?FAORSNMTLEENZ]ZSLIILMQWUOTTLJMSSX^]WRNLNPJBERVPILLOOGKNOSMNGBKMJFIJIHQXWUZ`VHBJFCIJJGSUTU[ac`XIFJKINGINJJJQ[VM5PWVTXSM?BFR_d^UTWUVQOJKUVTQPNGHOKDDKVRMFLFGBHH<@S\_YYQJDFHLROXXYXTVTZ`ghf\TTMHC;QSROG@W]UKJTYUINPNLOPROLOJJFSM;CORV__]\SAFPZYOHJQVYNJKMLKMLHOSQMKVY[TLLRWW]`ZSXPQ]fljaQNQRUIPWWZZVTXXONMPTXWZ^cYTY]XUNRXZWTSW\YRNNLJQTUPMNSKMRRNNMLQUONTVTOFHOX^[TUZYUZ[VMKNNOMQ[\a``[]YZXSNV\YXX\]YXUPLOU[WXUSUQQRNLKLV]\[]WLQWSQPQLNGJLOW^TOPQTVW[`_[TUXYUVWVZ]VLLS]acfd`][]\\^_ZXUK]g_YXRTZ]YWUZ^Z\]\YWYTMTXTYSUUTWZ^[IG[e_VQRTR[]YORX`fd_XT\SU]YV\ddZUWRPO[ab`YVXYW_`]]\]Za^afghlsrrrl_S[__bihaULL^`bec^ZZbe\Zcf^_^\PNPRUYYV[U]abb^\c`\YTQXURUYY[_ZQPSY\[a`\VSTVTMPRNIN[_ff_Z]_\X\VW`bTTZ\]afgaehbVTNP`cc^]cfh^XYb]Vab^ZXY[]WVZ_]\UR[a`cigaaf_VS[VJSdb^ZZbfcabca\VXRU^Z]dd_RTT]ZSWabaffdgg][[SV\\]a\YYY\``kpmkfcjlibU]hha^]_Y[_]_b\UTZ^ff\V\fhgbSNY`^_fc\[\[Y[[Zb\XdjmiXftsdW]eny…}srvsssomhf`Z_hida^\\\__]LMX]ghkj^Y^]^dcY\^[afaZZckligfdcfljjbZ\b_]afkjaZV[bfihc^QV`hlib`_cb_ZYRNUSQJRak`WVTX^^eYRSTVY\SJYZRSSSSRUX_\Z[\WTVVVRVWYYVWWXQPPX\WRTWZULLPQSVVTEEOY\YY[\ZURRRVZ^`[SLPTSMNUUZdi_\`b]QECPXONPKPVYVTRNWVUQOKGNQPQGGMLJLMSKNOUYYRPLEEFEMWUSYTB@LOR^aVDIOPIJMMPQHCHS\XSWWRF?AQ_`TMRY\ZWSODDMQYZRMHKIHGHJOD@@@ALRKFLQTNOGHQSORRRWY][RLKIJPZbbZSOKLEKPRPSOLYbdZSU[VMHQOMLLXa]TKHD@@;HOSSTVTPGHGKSOEJ[YV\XOFFVSQMQWWRJEOTURRVUZ\bgfaWSSXajmi[SX^\RJL[efc\]VLLP<:CKU_a]\_^TPGP\XPNQUUQHNSQSWXRDB?D;COJFFFKOWXQUVRIE<=PTVSRUTPVYPJSVZ_[OU]\b^UNS[XUUROSSV[ZUKJPOQVZ[YSRQKDHPURLTa_XTSORTUUVOFHPVVSSSSSXUTQTTVVTYYULTXYXRZXPQU\\[[ZZYUURNNOOWSQVdfd\QQZa`UW[b__[WTPTYXWTWVPT[\X]^WTV[]XMHOXXZ^\]XU[^]\[TILENU]^_\IHW\SKKT^c]QQPUXZX\]Y`cc_dfjmrsuvob`ikefff`ZSS_abbe_Z[bhdhuskeb\SPIPQRV^c]^``XJLSPUVUWYVOT[YX\]YUX\`ba^ZXVPVZ^^VSQXcd\YXSX\^a`^[]YQ[__`djecada[WIIUVNLS^ijg\NWYU\`]^Y\_`\\^^_ZOL]aQXdh`[[VSZWPKU`e^Y\bd`XV^ba\XWV[ZY`d[YWSX[V^^bZ^fjoh[_f[T]]WW[WUSZ^dfilkhgeha[^chb]YYZTX^]^\YTPTVY_VV]_gih_Y[Z`ddb[WRUVSRUe^TU^kqjbfnqkdkqrx}{tvzwyzqmia][^fhg`Z`dfdhkid`egkjd]SLT^`afaQIVbd_]adggeeacjpqg^]ekeZ^c`f^\^X]mqkbZVY\cga]ahgg]WTZ\b`ZYabge_Z\`_bf^]UV^^RMRYTPNNT^`a\XY]aYLPRSLPRTTUWUQOMQRUPOY`e^PGLRRSVTIDOWXRKJQWRMPNU_aa`]SOSTQOXXQZ^]_`\NAIQUWQGIJPUUV[[VPXWPMGNY]\[SIMMQQVSPQSPVVLEFEIHIPQV`ee`TFBMS^XGIPRRPQTWNKGEPWTQX\XNDHR[UIGMSZZZYWKFKDPYSKJJIMOPTTKKFDHPMDHPUUIEJT^]VWPMPXXULKMD?NUY^ZVLJPMFCKUURLNX^]WTWSMJPSSON[`WRSL>78PNRWY[[VSSUPNPJGISRMSXWTX]_QKU[VQOKIHIJPU[ec_`c\UEM[afg`[]]ab`WTZdtxrdODOSNLPSY[]WZ]WPEKT\aZONSWOPTMEOWWPB>@?CAAIFGMNKHLIRXTTPLIBGS[\YULSUTVZY]baVTXVY`_TU[XONNLSV[\[XY]]\RTWYVKIORQLTXSIPZZSSVTRINTVVQUUTQMLGNOSSFHQPLTQX][RTVXWUUYV\\UJKMPXZQIQSPA?QVVXagkidVV]ULQ]bd^ZJHT]YZ\XX_]ZWWVZa\TTQNOVKU]\XRPPQQRUZXYXQLX]beed_ML\_RJSSSZ[OQVX^^aaZMT_XXaikmnswƒvljijlmkida_\_\^fgfhfmfitxplf\HCKWVU\`\`aYXUPUQRPTW\^[USW[YSX]]\_aZVX\__TQTX]_WMX]XXU\\W[_cc_][VSadghdijd_\Y^^]VTQLLU_hkj_SSQSVTWXRQZ`bge_TXXMYYU^d`]]]]_^QGIVYXZY`dg\VXW^`\VW`daZ\a`^]YTW[ac`]afnskX`he\ac\\]\a]`gggcbeghgecY\]][XY[XPLS[VO]a_^[ce[Yaedigc`f]cjkh[RY`aWMN[g`^bgjggddrtlprnpvzwzƒ‚|}~wpc\[Y\dcbcccgeX`jiigfb^_cga_d_[_`d`_[]``a_YV]babhopib_ckgcdbdade__]amnh]Y_abdbQM\ae]XX`empldb^^_\b_[\YZbg\^WRW[RJW\[VHFP]fc]XZZ`^X[[W[][[]`^ZXZZSV]\VT_ec`XLRYXZ[YPIIMPQOTRNVUZOQTZ^ZUSRRLORRNOQNRVTMSYVSVSOLNRTVVUWXYTMMLJPY[\YUOTTLIAIMSRVZ\\UPMDLRVXX_d`]QPRREDNDAGKMUROMONICDJJKS[XPBDOQOGG?QXWSTWVQLHLODDOQSOOHOOGMOGGONEEHRYWNGMUWVVOLVZZVPLMLCT[\ehcZTUQ??CQYVLILPTUVUUNJSSTSFLNJRWPLABRU[^`YRUZ\WNYYOOTOLLMPTSZ[YV\VUYYQPROSQOYa_UPQRQVX^fj_QWUZfook^Z]pzxdO?LSQW[][^]WUVOP[^\X[WZ\\UELPNFAIQYWVQPTPNWWPYWVPOOPPOLIKLHCNVW[ZZQJKTTPSZ\TQUNSa]VSX[XTQRUV[^Y]__]ZSU[ZRPGGOPRSTSICGIFLQUVG>DPVYYUJGLIFKJNSLMQKQYWY^ZO?PVQLRV\\[RN\[SSSSQXZ]YURTUZX]ad]UWXRT[_a^`\RKY`YU[W\]YUKEFLVTPQTOOQT\ca\XSNIJHMNMMUUSOObjie_[UY]aYTY\`a\XOVZ^acca_XZXX^fd``^yŠ‘‰yolvzvskbb`\ZU^mpptwvrorsjaUKLUSXWYYdfea`^acWRTZac_^`^]\YZ^[_^XXOK\a^XYSNCQOEGSZZWZXUOV]^_bc]YW\dbdbdhf_[Z[__YOFIKMWZaa[PQLMUWVTQNU[^fe^PIVUQUW`f`^]]\\^TGS\a[Z^]_da_bRN[_^]df`[ZYZabdbefe`]cba_c^\db^\fmihjljf^_VV_]bhigfjeVV\b]S[`XPNSX]egjmhhk_Zdieega]db]ehd`T]hlbST[cf^__gnhcnoigf]hx||‚‡†|wo`W[ac^ehbbihfgaUYac_X`[]`egbaea[_dikjcYX\\\ZY^_]amnic^bfeaZ]bejgg_[[_dc`]_b]\``ZXXZXUUY[_giid__[_\eeba_YZ_e\WRHJRQX]\^WSW[]b_[VX]`ZTXX[Z\^[XXZ\``]_^_^XY^a_XHFSXX[VRNF?IRONQSX`a[SONW\\ZWRJOVYOGMNNPS\b]MNSPOVUQRRVPZ[\TJCQW\\YSURMOQOKIJLOMDLX_a^UQQVWWYWWUOFEPMGDCDDFLMQUNLJLMJLHHCBLSRJHOPMOKKMSWX]UOSTRRQHPYWUTOIMPWV[]`ZNLTWPRQRXRNIHHRT^dbZ\VTJIVYVORURMJFI??KUWXRPSUQUXZYSTROMOOQPOVa`llcUZcafruuo_Yblrk^PNPSRTY_b`VRSKQZ\[WWT\ba]QDJQTTPW_a]SRST\`ZQU\YVLNONPNMKDCHOTW^[YKHD@DINPPKLKJU\USU^c^XUQSX]_[VUTRQQLRXTMHEGIKNOVIHIJNQU[^[LNVVYZUIDMRPNKKTX^[PRWNJSRRIIMHIOZYYSEKUWRPQUUTX\_UNSPOOTTVV\aZY^aZRZ[YWQU[XVZ\YZPIHDHKLQNRYYONNV[]\YNMXZWQQMRWNJJJ\fa^\YXXWXPS]daZUYba\^]^]^_dg`\dgbX[wŠŒƒ|slr|zpjkje\VScooow|}uqni`]Y^\_edehjnpnlhdea]XYecb`]ZT[WSWY`d`YRT^cYIGMLKOTYcghjb\WPLTXUPY_baca]]Z\cf_Z[bdb[VRNLRRV]ee_ZNJRW[XOUX^YWQQQPOPX][VR^effa[Z^[RXa_beeb`^aa^[U_fa\_^\[]^bgjonkhfd_^a^\\^ehaUYimjjmplc]XZ`hfaeb`flofcaa\LUa[WR[accbfmkcbWSac_\abc]\YZY\_fkmlgWQZ_]ZQYfjccsumdbeq{{{‚€}vkbfc_Z\[Ziqrkmlf`bdb^Z[[hlea\Z]_`bfe^\YY\WT\_]`[X\_ZZbc]`]Z[VWY[_`\`_aa`gkhd__a`[WYWX\ZWW`fhb[VV\c_YVVY[UYdeRLJMXYYXXY[]]^]^\XRRV\UMT]WTSZQHQY[^[`dbbea^a_RKNPWXRJJKSSKMQLLPWS]_[TLJT[\YQOURMTPRWRTVSSZ[Z]^YTY[VKHNQRUOILPOQYZYUQQUIIFCIROQQADOZWQMS^YZZUQJMOTMLKKKHHEORV[YSHHPVULIKGBKRZXRSPLPSVXX]bZSDEWVNOPHDLLJTUSRTPLFHKRTQILJSTVSNQSNSPHHUZUORZVUKOXTYWTSVRLJGHQTNNKKQLDMQ\`XQQV\UOSQQOGFMJJ\cfgcaVMPQW\YRPLUVPRODDIPQOUSTRSWVVY^_URYTNRTWX\^bgc\]cebfprmf]\cnqfZQPOPHMX\VUY_]YTCGVVUZade^WUVULMSZYVSROHQWSEHOTUSKLPPHADFFMUYVQUWNNRFFIMNLDOQQ]_WMSW_YWYUONSRNTURPJNJFSUUUSTRKJPQLOSRPTXYXTOPUTPSUPIKMTXQJLPURGNSLTURUVONMSVUS\[MHKQWXYQLQVTTRPVTZ^]VT]``VSZXOTTYVTLVWUUZWVQSWUMMTQPLR\\QWZXYde_NEUV^]RTZ]XTXRFV\[\YXSOZWYY[UL]kmlc]][\_ad`QUaiie`j}ƒ{vqofghpoc]bba^XQVW`ju€€ygddca__USafhjlnnnf[Wbgc\W\^ZXYLGUb]MLYb_UQZ_YNHJMLQVZaegig]RZ]cZSKDMUbcd`YS[]VVSR\ec`]Z_XTTXW[accaZSPQRRLMU[ZWQTRIRUZ^bfa^\c_^VUWQS\_bge_XZ_feQPW\bab`YZb\\aglmljhie]VUWMUXac`SZ`ggfgkia_ddimiWV_acgljcY`bVPRMEPZca]dhrqjcYW^gg^YXSYXTW^c`adge`WVX_WO`bba^`mvqrwtzzpntx€†…|pf[]\_WZ]hjmhgkcahibabc`dje`ZZ]aba^VOW_`aa][`bd`VSRRYda^aa\YURZ^_`bfgeffjng]ab[VRSSSSSTNS^egd\\[adj]LTUZZ[giaKKKONUVMJQVSSWYSCIW_b]UUXTLNRJJPSUXY[aa`]_ee`VVXVVYUMOQVWOSRQPQW_caVSHEPWUPKT[\NJOX[VRLIMONSVVSVWSXTICFGIGGQYXVQLMIIPRK<>:@MLT[WUX[XQS[`^Z[OFMSSYYPMMUWTQMIHSVPGFPYVMDHOQMSTWZLGLGEMRRajdPKNQKDFPPNTPFMWVQHGSTOMOUNIIPMITTMRMOMG66KPJKQZWRORMRU\ZTVTRSOGPGEIMKLMIJMPRUTMKGNSRIGOOKLKPN_ZWWWLFSUSVRSSKGOPPJMWWOKQSQOSQTSOW`_]a`RLUVXWXTX\a_\[\^djlfVWZ]dfc`XSPQQNNPKN[a`ZTMMVZZ[T\^a`SPPGEFOOJPSMKNTOPLEIOUVUPQQRQTSRY][W^]VT\YOGGOMEPWR[]XOMJURO[YSPU]ZMLLRRVMLQY[`[XVT\[WU[WTPV_ZXRSSQMPQLKNVXVXUONLKQXURFNNP]ZVQPLJW\`_YVUXVWZXVRUQQRT\Z^aZR[^^RQ\edX]^\^`ZVYSU[]WUVZWVURQMNOXYWTXUYbf^UWQJUZRTVWY\_^PFS\XQTX^a`YUZWW\fme_fjc`_]YMMX\]aa^hswpllrrmffnsqb]aYUUZYXepyysllaVRXXXbosmjha^ZTW`dc\VTNSTNOT]\\RNQXYURaa[QRNIHKTW^][a\Z\ceb]PKE?KU[XZWW^_]UV]bea[[]`\]ZZ`b\TYWX\aZRMLMSUTWY\\Z]_]`kpse_`_RV]^WZTYcjbXW[aeiaWPUX^bd^X`d_\`dgcehhgc``]\Yacbb`_]^]dhhheelc_gcPU^`]^aidXbdZVW[\WY_`_hmsul`fgfdffc`V^``\_dcdfhfaRNNRLN\b_ehhgpvwz{x|~tomozzwmfihloi`Z]bcdfddhkjd`hid[]^XWY^a_ejebdgca`caY_knb\WZ\dhe]`bXWV]fhgdfega]]abYTX]]XUSR[_cdZUZcgdbaZXdgbUWZ]__dcdUTSOENTPRY]SHMPQFKSYZXTTURTQMHUYLHPRQ]^\X[[\^`^ZW\]SLRVYRKQVTRIPT[VPRTLRUSMAHUTQJPUSFB<8GRPQYUPNKBRVPOSRNIJRWXUQNQMHIPQJGKMPOQVYXUVUNLSVPKIIMVWUZ][TQSW\YRJEKOOD:?JKMKOIEHMQVTSTY[VTFIRX\`_TQSQNUWW]ed]XYTMXVURVPPTUPQRPU^_\SMJNSRW^^YXYZXYYVIIQ`fa`^ZRLPVY\]_\RJIHMQ]_\Y`hc[TOLPQT]XSTPSOMPRSRLJT[^YQXbf_SOXTRUQR\YWWVW^^cecb_VTVSTV\^[]ef_RMU[ZQLKTWNX^VMRQGDGKSYNJGPSRONPQMNRUSFCATSQcqvmf_ZYWX[ZTV_fbXWa\U[chhfmrvuvsvyxl_aox{um^_b]]`abfp{~zollje]\[\acaaaiihllaZllbTSUTW[aikcYLINSR]dc]ZVSOMKRXZ\eb_ZZXQOWTLCJU]ac`UPabbZX]\^\\WWX^]\VS\^dd]_fc^_^WX^cb^VTTZ]YXYcea][WQ]ZNNTT]cb_TXWXYVU]c^QW^[S\aedfaZXdhhgb`deb_XZ_`[UVaggcgknlge`f^VZ`fifcff^]_XU^[VRYgmkh`PSWZ_\XZ`djd_]aabedhd_`^`ba_dlh`XSanjmntxoefwspxxrtt…†pfe^bVYdiike`cipspibbaajpmhig\^eghg`_^a_]b`[Xaike_\\Z[\_XGTY\[acdZUQV]bTQUULSVY\[XTXabUYegedc]_ba\SRTUTW^aYSY`fVZ\`\QOKOT[[SVV]^ZY]^WNPW_^YNPSOQYYSOPNLLDS`debUOOVXRKT`aYH?BGMKKINPMMQNMEGPV]`b]UTSOX[[UQTW[UOPRYXUSNWZTC9HJTXWJGHA?CJGHPUMFFOQNNJHHTWXVT\YIEHWdlg\QFHLSUY][LJW_[WVWQLQQXTLMPSTUWXVVWV]^WRFHMPTYPFKNNNGDMOSK?@VXZOJGCPUPSZ\aTTWVRQQRPR[YY]XUMSXPPV\SOCFMHHRZa^]XYXPNHJOSONIVWTVRLCPYRLRXXPIEEBINFKOLIKLG?IOOSTVXVXVPK>>INSQSZZ]]Z_^^[bXMUYPCPUZ\ddZRNRQQZ``QHKRSRTQRW[`[OLOUeoleb`]cc]URRMLO[^PEOQJLRSOKFMVSNV^ZUXSLLQPY\^^[WTSOOKTWVZ\YRUYVSRSSTOEQYUPWRU_fd]VOLPQQPP]aaZSSU\[YUPWYXPX^]ZVZZ[__ZWROONINPJAJPUVNISVRMY_bg`]_^ZSWYVRUVYfedc[SQRUZ^_[QMPNX_[[\_`_[NTV]]]VRWUNX][RKKQVULRY[VVTX[XTTWTTYXSRPULW^Z`eb`^]WXXY[__eig_\]]\^_cilklnonqkefa[\ju{yqhhaDMX`dbkt{{upmiec`be^V^cbba]djhbff`ULPUM@Pdkg^VPNZY[a`c^\XWWRV_c\XUQY\\[TOPJIQ[[\]YQ]gg]QNSSU\XTTW_ca^UUW\bX]gd^_agb\\]XMIU__[\]ad\[\XX[[VWVPO\YVSTadcaddb_RPZYHQ_\_`^\`kklgfhhbZYXa`[\^bgloospije]afcU[abcb\[\ahh`aliYCUfgfih\\da__\V]gkhe_[R^`dgja]beg`bmplgabccdd_bnupekphgil`fs}…zzxnkcbglkiihfhfil]RX^bdjghjgb^bilklllg_V[aZRW^eb_\cd^^bdbVU^de\Y\]Z]cdaYTVWYZ\[cgd_Z\cXVcjlnkhgji`TKLPQXce]WVU^XZ[^XRUSSTRM]`WXWVY\]YSR^`\YZPQQRQQY`^^WOV\[XZUVRKXXUW^`ZSOJPSNGDJHINSRJALQU]Z_a]STY`_ZQQIMNEEJPX[ZUMSE4EPOGGRRPNJE=BHAN[YRLFQVNMRKTNOOJHPKAEHT^eb]TPQQMJRWWJEHT[VUTGLTQQKDMTRPTRFDRTY[dbPFGAISQRTPHRZTPRTOD=DQ[ZVSROOOTOEHP[`b\MLMHEU[[SUROSXWUYe`QJGIOLODIPXSTUUUVUMKQ[_]\VNLIEGV^\NBU_ZHGHDQZTSSOKRSPMNUSJDUZXWNSMGPRSNTZ[bc\Zekhc`WMV[VLKS\^\`\KJQYSQRZ[SVUKIOLML[_]UUOMguuoiaggieVJMWXY^`ULMLJKPKDDHU^`YPUVQPRTGDKJKFMV[ZWMJGTUQUYZYXVUQLJORNMTXODPY[dll_YVNIV\SDLY\]^WVVXVSNNV[Vdi`[YVWVYXZSTVWSOPRKDMRUXYSY[TUZ^\``\YY[[UX[``\_]\[^^XVTNPV[QOSQMX`][`^\TSNSOGPU[[`b^WV\b]V\]NDQ\_`ZQW`aUTZYVVRTTUWT^b_[VWWROPUXQT^beea_bgffabc\bknttogf`ab`bckrrohaWQSSV`ekpprljhd^Y\][ZMNVTZZ]_cac_V\\TYVTJK]b`ZYWSQRMQ_a`ZPTYUV`d_YRLDP]_]ZVTWZ]\WUSZ`b^TSQOPW^a`[]ZX^fe]]`^VZ\__Z[ehd_ZSVYba`^c`]ea_^X_b`_YYIOVUUVYacfhecdc`^^`]^_][[dedfbX][djjbUZad`bgjjnmmnjelnd_c_W\c_SIQPI[aa\^gf_VbfbYbc`_]W\^^afhgcWRUVW`fjnc]`fe`josohihihigfac_\bkj\Ymkikot|‚„zsmejpmkllli]\aVZcgeaVORZVR\`ecedd`]Y^_a__c```_\`eb[bee__djkd\XZ\dc^^WY_eeY]_ghha_`bb[_ile``ijg\QQUUW\_eba_\^`^`_]VTXUOWXZ`_VOPPQRXWSFKTTX_WN[YMMO^dcb^[QIOVZ^\SSVMOMPSQVXPOJHCCIJOWVONSJLQNPUPHFIWWLSQNNOTZ\URWZXZZRLPWVFFQWXURMEFMKPXVQMGNNKS\XTUNROOKLNQOQWV[VOHPURLPWYYNIGKPVXFQTHBKGGPRMOSK>NVSV[aXQKHHKHW]SMSUKNNOOOJKLLPQRTOSQPNEETZ\[ZPIHCGQOLNKEFQSMMW[VONQSQPNQQL?:9JOU[WQJP[[ZYPIKJOWYYQD?GM;DECTYQLMRNMOCGNMQJMUXZYKPQPSTQRW[_caYTalkdZYW]lmbTMVYZ[]ROW[WPU_^WJNKQ\a[VONIIJII]jnif]chggeWSYXZXYTQHJLNTRRPJGV[ZSVXOLVYUV]]\WSVWXSORHLTMGMUY[[RNHKJLOQWUJAQUVZ\][WYUMPTSHPUZb`\MLRQLJHQQU^_UWYSUYWYWRRX]ZSRUOJPQPVYWWWVX_b_[[YRTX\ROT]^]ZZSWa\^]XUVZ^_ZYZSSQUVYJLXTPTWUZ`^XWW[ZZ\_\XZ^ZYYVZ[URYad[QYXXZYVXSSJIIUX\ac]OLQJGRPORUPOMEPXVW\^YUQILRYZRLMNKMKHNZa]\WQOX\\VQRVNIM[_`_VTYRYfmib]XYULS[XSVOKFFY]WPPQNLMPQMEHORMTUOV`]LKTZ]TKOKPTPLSY[X_ZTVTR]`a^VRYXROTUQOS`ffeddca\W\`\SVUKM]gg^XNUXTURPJJSPJPLPXXKHUS]\ZZUMNLKAKUPG>INJFJXVSW^YVVMJLOORLX[XNMNXcgc`[YWTNSUYPJU\\XSSWbc\TKHLKMQUXZUOKNWOPWVVWXX^`]UXYXZVVWRUTXYTONSTQW\]XRMLQXT[[XSSOTY]]\VZ_]USU^dhbU[a]^cYSNHRZZZY\[VegaTOSW[]b`NAMVOQUPQPQTTVTNPYUV\[]]]WV\a^WXWSJERVNRVZ]ZTV_hgVQTWTQZ^[[^^]_^\YX\^YRW`eky|vrofb___`ceikjkqm\WWRZYelkkaTSZa^ZYYWUY]aZY_]`_[\VOZcc`^^[WY]YTY_cZUU_jeWVU\^Z^_^\WUYVY\]VV\]]YVUTYXSS\a^TRZ_\RTVOUSRUSRMW_cWEY_b\V_eb\RRROX_bfege_XPY^`WWZ\]dfca_ed]\joeLK_cYNBLcoe^gfbdeiljb^^dcfgfdeff]XYbd]_a\^bcbgijidYRYeda]Zaie]]deikd`[Ued]Q[hkg`log^^ega_^_`hmke^U]d`bfe^WRZnP]ghcVT\`Zailhkpijdeb]ckottmedcbgiopighg`\XbffbVJMZ][ZVTU^cbWW^^VV`b_dcchfcdd]PU^dhkcXZ]b_bbdbY[bhc[V^fghgc__YVSVWRLKZ_\bghiecZXTS]_XUUQLQWa`^Z^]]XPELTY[]_afc^[]UQY][RHFPMJK\_]ZRLS`ji\KJA>CMOLV\ZQHCJMNWVWUSRJHISYTQRQOQNMQSUMHGMSSBBHHJU]TORX[TV]]TKKTWYVSNLSZ^WNGEQRMHQOIIJLQTSXYVWTUXXWTWXULKLONOTSQLBAEIOTQIKSLJIJSTKEMIINPSSQJJOUWUTSNOHJQZ\UGNVSRVPAHU][TRUZUWPDS\\VRLM_hd_ZRU_`]`c[\XPZ_c`YUOKLRXOMNOPKLKEG:>JFGQTY^\TLKMPHHDIQYTIR]^\`aVUU[ZYWRPT^b\XYURURVbhf^XZccffbST\]M=T^^[VOQVWURQNMMEIQRNMIP^b^ccWQJIOUTOSVQEFNSQIKXYRYYQQXYWQR\\Y[bZMNR\jnib]ZVVTXZZRVUOOTX]\^^ZYXPV\WVWVRRMRTRQMLRPRWXPNMMPUWWUTZZPSTXUPPNIT]`VNORPTYZVWVVVUVWVWZYTVWSV[Vbf]Z_ZX]aYX[QV\\[X]YR^]^ZMOQTR[\L=DKRUQSSRSSTYVLOWVX_VMRSY]cedTQOHNSSPNLT]`XRWdeUZYbaf_UXWU^^_c^YVPNTUXZ[befnqhdpsroc]``geaffed^W[bcabp†{_V^aebXSMDS^c^[_`ehd`ZXY^_^`b_]\[UX`bc\T[[Y[^[YY[Z`cfb^YZVOTZ^ZX[]ccc^__VWWV]^ac`W[]]][ZXTR[\QZ^YOW]\PIS]][VX[VP[b`dikaTMW^VUTYTYcd\[`ee^[_bTHJ[b_XPN[f_R]deb]afe_^dhdb`^ZW]ff`_]\Zenidhhc`bfdbVOVb^XZ^ehfelmnhfifb_\]^``ejefjje`VV_d_^YR[iifZXaa[`de]PMSfcjidSIPXbinjahmhaeecSR]dmsvrj_Z`aiorpke`ZW]bec`QN[`_\Y]W]]`ZV\`__cabdb``aadeddY[afif\__\^^e`^[biga^eihfa\ac`UVZafb^^`^Y^cdd`\WW]TWXVQGOOU\_b_\^ab`]VOOTQRUaecec`PIW^[SMORSR[``\QDFQ`llbSNJ9AQOKMRTRKGMPOTVRQTUOGFNSSU[VNIMONNLDGSVWPGJNIMT\YQMSXWV[YRNKRVY[[TLENQRTYPEISWPLBQYQLJMNQQZUJLLKPX\ZULKFNNWZXRSSNJPTSNLLGDJOTQIJPSUSTPMGIJQOKHLMNOSQSVRKIRYXW\]L8FOTPMPNNL>BVZ^]XUV\cekh]QSTMWYY[VXX^`^\WMDHTXZXTIAKPRNMLJKHIQUSKRURNLLLU\UNOOORTXY^ed_YUTSROHKQ[_[[Y[`b]ZX__VHU[[_ieUMYZROUWXVOEDIRVPMUYTJJXZRPI]jkdjjbVOUZWSPPRMQURURNKTWKKVWRTWZVW\[RSWTUTUUbffaaa[TS\\XU\\RMJJSU^_ZWUU[]YVURKMIJVXPLMQRR[XOIGIONMJKKPSVUXVMCGJIQ[[RL\\TORPFCKNOPW\^[XQPXWZ\YSU_ZW[WZYYQZ]YSTYXX\XNTYVQMMTVMKNB?@MTSRQRWWWUSQV[]]WMNLIT^cgieXSVX\\SRRX]ZUTPW\\[]jki_DNVTW\gbXURPSPPY]]\]^iopsrqqi_SX_fg`[USX[^_dea_f|‡…sc]]b`^YHLT\aa[`bceeaX\^`\[ZY[Z]Z[]`[VPVTTSOYXXYXXY\]_\^]SPRVTXWXYQX\_aggdb\Z`da[Y]aec\UUNKSYV]^]XW]ZVYTLHTYXZYNW_bdfd_ZTVXYSU_]PTUX[]aZST]ZQMU^ghh`UJZ\Ybhlj`_fggglica`XQV`jng^Zb`kpqkje^ZV\ffa^chhadjkbYZaeaddjkfc\SUV]]]dike[YMK[XWWYSXgkkg]ff]_ee]XV\bfkojffgeknljhqnb]fjg_[efdn{xoa_afe`hh_W_[UTV^cd]Z`_a`]^\Y\`ccc`^fieeeecddb__`da]`ef`X]ZU]hmlcbbab_`cba\XWZ^]Z[`gjkijb[POSVSXccZ]cWZZSBKRPVZYVZadgjc]TTZ^[`febhg[TVY[XRYZSKT_aXWYXMT]ioiYVSKINMJGNQQJHIJLQUOKLPQOPXYSS]ZNGNRRSMGNQSRPPMMIGRVWMLMLOSMOPNBINQY^[VNIIDKPQMJTYYVISZVNKQROFNOQOLINX\^XUONPWYSWNCPP>LTTRRSJGPSTSONSYX[TOLEBAEI=?B;IUVXQPHFLRSSOU\VKLQSOOPKB=BOVUY]ZTUOFWef[SQQJIRPSPRWTTV`cZXUTYY^[R?EMJ@ADEEENVUN@JPQSRPNY_ZO<;HTZ]Wba`[]XOOMMQXZ`a]UZ^jocVSYXVWWYRZ_^RRUTTTZZZRSSURVWPKPPHGGPZYWX^nomruoe_ZZ\XOLTWZXMMWRONOKP\`VJUd`XYXZXNRZ^^SPXX\ceWLX]XOKLQSVJIT\`b[SSTXVNRSNVZSLUZXQSPQKRTJJEKKMOPUXQKOVVUTFDHJES\`XYWSM@HJBT[XUT\_\WSPV]^YSHVZ][U[a]TMQYXQJUWX][SHUa_ZTZ^^TE6AMXSPUXXXPGMMHHT_iiZSF=N[a\]XOS]ff[OPY^e]OMVVRS[Ybgkh^ROEHXc_S\[WYVTX]_^\bktwvsqoh^OO_mh^UV\^aXVZ[TY__u~}vi^]`a[V[bbaa]gg[\d]S[``c]VZWYY^\[][UMQSTUUQZ[ZQRPPSKNWVLKOROOPJLMU\\[[ccdea[\UU^adc`XPPQVROZ]\VUYVUU^[MBDMTWYSYY[_Z]c\POSVUSae^SV]]`\LK^b__a`cfec\NIRYW\fjg^Zafgjkg^ad_SQaegh_``Z^ebXUZ\\Z\cecab__\dknfUQV\Z[ehf`[[TORV`cgg^b`WN[`^]mmeY^glcQ\_WXbfbWZ^bci~yvrqssroiigf]agmrmhmrqwyrbNSZ^fhefbf_]^efeihdb`_ccac^[[^^a``cff`cihgcaZSXZ`a][]d_\bbYVcqusi]ac```ZX\SR_eid_cgjprnfZUYXNQVbd[[ca\aUOTKGOSXXRT\baYTZ]^[Y\b]T^bgd[SUWbhh\QRZ][Z[ULKQ_e_[ghaWUQOMQVKHPRKKPRMDKRWST\^XKMSRPTPRTXZXTRTXYVNJSXWRPWSPXWRRVLHHIIRYYUMJJGKKJONGLQPNWZQKOVWPEHPUWPGJIOXYUQLOQJ@KTTRDIRVTPZXODKPNRRILRTOOPSNASUTNFQQKKS\YVOH=?DNX[VQWYXPHLORZgh`\dbXROQKKTUTNKP[cff\W[^__\USSSLIQPF@GLPRXbjlWV[\\c`RHHLPJNPNFFJQSPSSLE>ILRYVMOPOJIOZZUPKSWTRY[WQXYVHJQSOQW\]ZVVTS_di`VGSQLKKLTVVOPQTTMJSOKJVYZ\YWYTQKLTPMKMJTY\_^_][\\UPWUWSPRTSVQLUYWTXWSPV][TVTPOPGASPHY^\b`[WUQWZTVZUQORZbkndSMPUY[^die[SYXWYXMTZTWSTXWUEKZaabcbXPQKKQZ_[SVZVNRW^]aaZVNWZTOW]_\ZegYacmnyƒtjkx{rdY_eedZUXX[bc_UahoyudTQRY`c^_ffb[\djhb]``YZ]a]VPIEET[YWSUX]`]TT^VGOMDO\_XXblpiaZUYVSS`]\fjaSPVafhb_agc\Ybjknlh___VQXbb[WXZ\USRKJKX\^`baZKMZ\VW_jcYSMS[[_^[]aaXU[_eaaieY^[djkhffd`aecXX]\XR_e`ZSR[bhgfifgfbeieaX]^^]Y][XW[VHS_ada`kkfb`_bb^\_\YU\XQ\caXYVV\[YcknfYV]ehe]ikc_djihnqjljllfecfdfeZ[cfbijlj`Y[dhib``^[VVZY^`ecSLR\eaUQ[a[VX\RS]gbZWZ\VUXMW_^][^][\UW[YT_b^`hf[WY\bcbaaihbYOV^dih]VTUU[_akmgd^Y`fg[]`a`]XVMEMXWNX__\YXZYQR^`VQTYN\c^XTQRPSTVX\adc`\[ZWTTNONRF26CHKR[XGAJINSTRPNUWPQHFPQPVYOAPWPIDJRURKPSMILTTNQWUMFPXXZTSWTNNNNJGPQMLQMTTQSNJIMORPMKLPSMEGKJLPLLLKIOOMNVXVYRJEJIH@HHFDOQNSTNNQQUXUJCDOMRTPLQRRRUUSMLPGIK@?FFIKRNEHNRUSWYRGSXUXZ[TQQPPPPHERKHOTULHQ[dbVMMTOGKOMJI:8FKV^`[UMNSJ?KX\XafbY[\\\VRLSVUWYTQS\`^VY\UXZZTLJQJHQZQRWQSV_k|ylTVONUUJMKMOGLRNLQQPRLUXUPGHORYWNOULAHEKSXTKVYZVOW_abb[SOTXXTSSYXOS[[[fgd[SWTKNJSUUVVUSLQLJTYWRV[ZYUTTOLLWYXU[[QSUVWVW\a^[SPW[[VOQTURMSWXVLOZXX\^XURSTVVQISSP[ffijmkeYQMGJQQXWZUTPSSMOTWXTSahcZYVRW]TTbd`ZURSNI@>QZWXb`[TWUSW`ebXOOVRX_fili_PLV]TQ]^UUenkb`hjnpy}‚‚wiix„‚tbSXdidXVTZbdc_Xamyuh_WSVY^Z[_Z]\Z`ij\VWZOOXWTYWQSW`d_VQVVV[[[][NU[WT\ab^U\[`df_]_b]Z\Y]hhaZ``^hkg[`de`\_achig_Y\^URUYVVUPRQQLLNY^YSW[^WIO]__a`cZTUSVUW\^dcd\TYckj^V]_\deghc^_YUY[]]]\\^ZLKVTX\Z`eigcZX`dbhlh^WUTYWSce]T^aZPOUbiimmg[OY[[bdc_]``WTYddbg_Q^YUhptl]L\ee`aik\[ggdbjemngiqnlkdbcd`W]iqrkcghg``egd[TYZUNSXgjkfa`gjmc^VWX`cffdW^`^^\X\_`aa_b^\agkkhec]ZW`a^eid_[\`a]^`inlbWU]eddfecc^[`ediibb^VUXVSZWQWY\^[SKQY]^UY]^\WTQNUYYU[a[TUef^UWPNJHRXUUYX[Xbh`SRMBIOIEEFHPWXPORMUZTHKHGKY]XTLMONJIIPPORNNLOUTJGFIWWSTTNEIQPFFQTNNSVPVWTVRHKSSSSVSNOSPKQWYPE?ISPJJJIINOQOLJQSLMNH@IONSZXSVROSUQOMIKOLJRVWYSPPPV[YKILQXQPJRSULJMSSPQTPSRVZRGDLQRMQGDROHMH@LYRPZZYQPXWSMJWWRLTXNONT^b`[SOUOLTXTLMFJRSRILPPQBAEJKLCAEA27G=@X`_WL;9JGMZWYacZMQYa`^SMSQGPVXURQOPY`dZWXYSLKIKMTVVUYTGV`ozyiXWOSWZZZPTRPUVNLMPRSSPNVZUOQKLNSTQMMZUILXZTTVZWNTUX^`]WUSTRSPQV]VP]XRRPLSU\TRPY[ZUSXWWVQNMT[XXPQQQQVQCHQUWXZ_bTMQTVPOTWSNMONV]^ZOLKIMMQXTJINPLQTRW\XPPRSUYWT]dc_dgd_XWSIKMLQ[USMHNRUVXYZROW_RLPQOWcaZ_dhle]UUSPTQUTKV[ZXUTUSV_]QNOOVO^`chg]ZZVZ[^_^[\`ecYWXbcho~„„xqhi}„|ndggd^TQRX\bc`VTemmhjcbaXXUUXST\_Yei`WVQQQPTVXWXWVW[ZXWUMUX]b_\\XUTXZZY[[XO[bc_VUWYRLG\debedcbadfb\^`[ZZ___gfa]]a_WXPHOU_adae^UUXXY\[UUXWYY_acc^]_[XTWX[`a_`aallkbZ[]bdjgcYY\ZXZXZ]bddee]X\ZW[RN[bfb]^dkmg\VY``URT\`]VYbfe_\`elmhhaZWZX`kokeeff[UZ^_ab\V[`iprsndYah^Zemhefgjmfglltxsjejmkf^ZV^^lu|}ufdbacacig[QWWUTSZdab^X\fga[^ec^flljc\cdb_[XWY^cgjaSX_jggddc_ZV\```dc^]VY\WNXdnngXQafd^dda[[begghd___`]WY\cXXXSRSPOQW\a\WZ_`ZURQTWSPWYYVLYfb[_[LLS^]YVXY[bildVQUTXUPSSNMPXXOMIHLWTVPMJKY\YPOMTURUW\UQLFEKNPOPQGIUWJEPRLCHIJNRPMT[YSWVQMNOU[_ZZXXUWXWMMPTRI:FSRGEKNOOLFLFADGLWTOEKTRKOTWXQBKUXRRSTRRMQOOTWRQJFQOQMHKJJMQTYQFJQFFNVSJPSW]YHJRTRNWUEKMOTWRLPJOZZZYMOQRNLKNMQNMMKORPPLKNGIJRVXSRUWWSROQIOYTODBNPNMOSTGCHC5D\^XF?HOOQPRY]^[MLRSWY\\\WTSWZ\_WS]cklf\WQPPRPRTYRU_ZQLNV\hfjj`UPW[\[SQQRSOPOPVX\UJI[^WQNMPSXXSOY`]YNQWYUUWWX\\[UXVVU[WROX[^bYUZUSVVW\YUWURW`^VW`b]XULJSX\XMIOT[[XIPRPQRPU[WJGJPOS[[TMSYXV\aa]UMJNPTPHHGJDEGCDGUUV^\[WT[[VY]ZXTMW]a\TTWTSSPHKMNRZ]``^YQVWQPLOW[daSP[gkdWLPTY`\SPKLOQSWZZWQ\ZNX\YYbfUdeX[ZZUUWTKNUSUZW^XZ`]^cku}vw|zrq~womjeaYMLRUUgh]PU^[\mlgiaQJPW]X^fggjcYPLXV\^^[YX[TOMXWVY]ba^[Z\c_VU\ZTQRZZ[dib][TPTYWWbc_Y]]XVWXcb\\XRXWV\]ZWZXW[XY]ZO[dfihijf\OPY^^ZRPX[UUTTZ`acaXNNXU_hhfffacecbZYZce^\TGM[_a[OMUYWQVcabe]Z\WRPXcfimlnkfdY]ebWGGRZU[_deb`]\fhijicYY[Zdjkb`]`aa\b\UWZVNPbmoi`\[Y[faYZ]^ejkkjc^b|~xmdirni[SZ_itx}vrkddkklieb`WPMNT\[X[bb]]baYZ_[[gj^ZXbjigda^[cc]bc[U`gfe][`bUSV\afhgefb[bhfXS_glj`_bc`adgZRW^ceeeedZW[_begcdUPQUYZXTQTYVRX\_ZVSRWWZVRT^b\X\VTVSGGTYXXYX\YU_fkgWIRTPLQQKMVXOHJPSRPQRGFLX^[PLQSX\XUWVSQWQJKHOOPTSRWWONPUSKOVTWXRMTXa_XSVQRNQ[[VQQVSUYZVTTUNICKUTJFHOTRSLHIEIIJSNEDINRMIHPXWQHSTQJDHJKKDDFBKNGCDJMOL>8JMMHD>@O[aUAESNKNLPSMEF@?MMKJMKLJGFFPSVXVRSSOOOKJOKOSWWWTRTSPPQTZVMLNMFGJMLHOX][N>HMSUXb\URWROKNPQVYXSV]_SV^dbaWX\^`]VZ`blnd_X[][WWYZ\_`a^^ab_cflx|q[R\a\XVSMIGLQW[TRPMOTY\UQOQPVZ`aYXXUUURQQY[]^`aaa\WOMU`heaa_a_UKMOOSYZVVRZ_[WVXUZ^_\UG@@LPTVVQQX]]RLSVJMNMW`a\Y\VIPYXSMR[\XUY`]VWWVUSLMMX^YMSUQLS_bb`XPLXXR[``ZV\_`_WRQPSQRSPSVLPWUY[]XVTMIEKOUWXUDOYa\WTLTW_g`SHQYVNPUUU[\`aWXYXV\_ih[PQKJJUVSU[VRY`]Y\ab`jsplp{‰‰‚uy{ob\aa[W\^UW^e]V]fnmpqjso_ORRYZceefe^]ZT[ZW\Z[PONOJNVRHR\_][TPQYWSX_[ULPTW_gba_^][[`a[abYTVRQV]d`_VWURWZSOZ\baWURNX\WV`cfcceea]XYdd_\ZSOSUWWXVUTVXRNNKVdlnonh`_a^\]]`gfb]\WU\eh^VTY^ZTWafa^Yba^_Z_ckfggip{yk\_ZQLQZ^_bb_^_c_[_a_ff`_VVY\_`]XZ\]age`Y\c`VL]lmkfada]Y][WY]jnhhghife~rc_fkfglfSITanlqk_knkcdgikh`[Zbda_]bd][]^`a^Y[b]KRcjokgfd[\adb^cbbjjgb_[hicYbb_`dcdb^YgooaVTWYcf[X]`_c_Z][RUY\eh_[]\[efddbaJBP[`ZORTQEDMUTXYX[bbab]U^][Z[\\][PSRRHKKMJMUesypeYRMLMTSRSUWQCFQ\\YZSOOJOVMJNRNY_XPLRTR]_WPNJLLTVSNJJMKNQSOTOLMEEIQ]`RMUVWTKKTROVSKHPQROSTMCCJRWROPPMPPLSXYRHFGADNTTMMJ>>JRQOLOQPFHLOFBJMMMPQILPUURJC?@DIFPVSNEKVSHGKQNHLE@GY[XLJIJMOIMTOLJLAAJLNMPOE<=GRYUTOKPLCNTLLNPJRUXURROGBSRQPQGIRQHFGMNLSWWVKIJNTORYXRQUSOMNTUXZYTY_^[^abcZVPKPZ[Y^^goqh_]ZZZUZ[\_bge\`a[Rair}}pYQRQOTVTTUOPPSQFGKJKMKOIJNTRMQSXVOTOKNRSUUUYRYZ\ZQPHFFO\[Y\UPWRNOPNWYZXTOW\RLIKMW[[\XSGLMKPWZXTMSWWSTSOTRPV`degh_SPPTTTYUOJNMXXQYZWROGHQ_hkbY\YOQ]_XVRILQZafcURW]`\QNRMJQTRQWTSPIMUYace^XZUPFBEUXSIO\YSPLJOPT[^ZSQSMDDSV^`_XWPNQVVWbea`^YWRO@ORSQBDTXZWVY[W`jhba|ˆ†wppkkf^dhecg\SQW[WVdkknooqvtbTWWUXZaeifaZUXXVVUNRPKSSRXZTHU[YVPRUMNRSYZXXOTVX]_^Z^_ZZYcd_[YY]\\SR[`b`]\]ZZYZRS\caOFIS^_`[^`\[`fb^[VXbfe`_ZUW]^_]YXYRRQTUPV_bdehc_\_[\^^dfdZX[\\^che`a_ca\[baa\\egddfikd^V^fu}}j_a\T`ga`hh`VX\YYW[XYbdgkh[PQ\`]]]^_Za^ZR]d_SMbrwtojgb]RRT\`covsmmongeh~vhdgmlkmj_XTakuwtnhjeddgijaZ]`dgeddbb\VX_^`c`]WXW[fmne`YZVZd_bfmnlmpjabgjggig^OU_df_W^dmk_YVY]ehbY\cd`_fh`XYZV^[MY`]Y^`[behjTOOY^XNOVNHJGEJMRT[cdcca\Zbe^Z\\]RLMWWMHHDHRQ[fpwun_QLRRJTVQOMJMLONJSRRUONM@AKDJ^aULNPQPY__Z[ZP=JUUKJAHKJSPTVRRLDGMLSXWMJRXYUEIOPQSONVZVKLXVOADQTZZXSOQWOPTPHFJOY\YYXTMNF=7INOKHOTOKKLOONGLQTRONWVOIMPPMOQQQWWQIELMHIOKDNRTNLPLNPSQOMQLIFDDDIMMTQJPSMLQOQTXYLHPXRKOUQSXXRDMZZ\aTIKVXQMMLHMRLEKNHFEOUVPNJJ;OLAGPRVPE;HSOGJGD>BFKNRKLKOJJE?>FQTRTYZ]XJAHNIQTTOFKJIEKTVMLPURKQVUPMLNIG?HRPMRKCEOUG?KOJKQMJKOOPNJOPNUY[]cb[SILMGPQTUSSXQDKL@;GSSNIPPUXTQOKOUVONQKGJUZVPQPHEGDHGQRJPQMLVSPLMMQRPOKB>INRQMLOPYaVONLPNMNRRLC?KVZSEGNOVYPNW`]QDDINSWYVRU?BQX\][VY\URQTT\jjdTWVVWTPTSPX`ZUW\WVWUKBGJTY_\XX_jspiaUNKNUYZabYVXXT]erqnadd[LPUSUUWWWQJDLROQUUZTSTTQHBCLSLKNMRNOUYOHLPRTX\[\LQXUXXUTWXUMEBFQ\db_\SSLKPPGHNKDOSQQYQY^ZYWPIMUXZWSUVONRYY]ZWWTVKP[YPQPQKO^\SMMTUQOT\a^[OHHKOF6DVVQUUPMTaeb_^V]^^c\SW]YVNQPMLNSRQV\OFUZXTW[XV^]XZ]WY_WJS\XROJHHS\[UFNYWUTUSVX^`bXKN\W[^XUTPU]cc\SRY_ad^_b[RXds|~tjnw…‘gaYZ][XWY^_]][\\_kj`daa][_YZ`caYT]^^fe`YYYXa^SPLLRVRLUXUWY^X[]WUZ\]]ailhg`_eef]ZYY``acaWSRSKMTWZ[__\a[TPQVY__`bWYed[bd_X[[[b`[OHYa]]bbda^RW]Y]ddb`\`[VTTX\\`baaYY]``jmla_`]_aZaaTT__VUejeefb_\dke]UUbnqg]UOSbbTWabc_RNXWSSHHQ_moe\ghaWW`]X]^dgadc^acfc`_bgjlkdddecegikhjcjw€}|}ytptuibd\dggkmsrphhdbehhjf]`eijiia]V\aaihe[[bbdaed\VYaecaadf_^^[[fjfc^hkhhfcbfnqnoliffcbcddiikiceii]NV_]\`daWSXlokd_Z]chhd`UPKJSTUVORZ[[b^RTQEHY^\WXPWUQOS[a_ZOOQTV]\VOW\ekoh\DKNMFD@FKJJEAJSTSRQLIHGDJEL[`_UNLKJLSTOU]aZSIIMMBKRTQOOLIORVTKBFORNPSRQLNIIKCGKD?FA=@HNGDA?3@LJNMCKSTI?ILNOL\fi^P?:BLUUPNJJMKEPPG>?DINQNS\_\RLIEOTWUSPMENUOKMAAFHMNKPPOQRINPQYWVVQJHMI=CHOONJISW[]ZWPMPUMDJQOKE?ISPNTUQQQOOU]YVNJNPMQMKEHVIMPLKOUYZ[PQZ`hoofYc_Y]WS@NXfha]_`ZTVWTJGM]a_[Xao„‰„u[SUWMLKOT^`_]^WVcifYO^e^UZ^WOKKSPNTSVXRQOQW__\\_[RNQROJPY\OIV][RTW\`__YPT]_ZWYUQX\WRNORTZab[XNEJRZ[ZVUO?FQQ]_]X[_`[USY\[XXXYUPPRQ\]ZPQXZTRXRUPIDBWb^PFJOTOKQY_^XPRURONGPWYWXUPGK_f`dlf[Y]aXIT_b^[[YTSSQWRVYXKXaaXUX\^]XZVQPQYRGY_a\]YHJNLKTNIKQTSQQQ[][\XQTUQMHMSPNCCB@@GEHNOJD8CFFHFCKUWSMKKPSQTdjhZKHGKQOIC>=GFFPQKCFEJQVSOX`[VMJHEJKJKJHHFLOMJA@HJGFEJELNNKGKS\]YTKFENNHAABHHGBKSQMMPUOLNOLMOMKIHGNST\\OLPPBRX[]_TSPP[\WMSXYKHEHJRNLQEHS]dfdaafdTSQUPUbbhe[]]_^bd_SSUXYVST`q†€raLFRSX\TPLW[`bZW`a^ZPajeb`ZNACIICGZZZZXYVPVUTTZca\QRQC@PZWON]^ZWUWWYXYTQ[`bba\[XX[\SU^[W\cbVNKKTYZ\VVYQPRTPUa^UGNUWSTV[RPORUTRXYWNXVJ@FPQUUMNHGMD?JWYXTQKMNONHFTde[UOLSUMLIKA>BCMTSLPPQVXRNPSUSPKOJFFMMIOMDMWTMIHMPOOE?;BOQGHLMUWYQOGKWSPQMFDGAKNXKLHNSWTNFIOLKFMQTPNV^`\\VRNYXSYWOQMOZaZOQSPLSXZTKQSMRQ_b`]\Y\\[]]aa_ehcgaXXagfdZWSMGHFCOV^gsxxun_PNT[\SHMU_\SHJSV^cegfca^XJKQOHFMTVRR\]]UMJSTZ\ZYTTOOPPSPONOYbbUNQQQMNRRPXZ[YWW^dWVWX]\][PBHTVVZZTUWYXTLDMOU]^^XOQTTOTYZPJLSZ^ZRQTRKCEQZa\WSORNKIOIOZ]VU[^^[\\SRY\WPHP]]SQX^\NEMPPZZ\\\[\X\^a[]^^^_[TLR`d__c]ZUMS^aWNXZ`^WZWTZ]WXXV]^XPWZVW^]NWcab_YQMV[VUULNKY^\QR[abZX\MEEVgfaTU\_eis€‚zons~{tlje_^eea`\]_\Y[Y[^\aajvxoa[RWZaa\VU^hkl^SO]ZU^gh^\^UHOTZ_]UWXYZWVY[Za`]TXUSW[^^`a]VV]^UMOPPTSNS[ZTXVUTWSPRZUPUZ\VPW]^]\XW]``^_`ZRM]a]\c]_`^Z[^X\c^ac^[^]YXafhmlaO^eb[Zdhbdjc`]YPU\`c`ZQZbcf_YW^dloieffllfa]WQVR^dgfaWSTW\_bbb]YYWY_UV\^WOSRSSW_\^\chgbdoljoslgdbdafjkfiu|smkry}{q\\b^]]]ZQEPWbnphacdjopgbfdeff`Z]eddhhfaWUX_loia_\bdff^\\dljeaX[\XTZXefa[UX`addhkjfecca[`efd`]^_WS_da[]\_YY^a_chkigddaZ^dhjaa[SMLQOSRQRPX\\XLKSV]\X\``ZGKU\c][WQNOPRVTXYZW^q~†ƒ{kVNIIIIPSVZ][QJIKMPMLROOWVTONPURL>@HLHEKQIIOVUTMXZWUOHHNSRTTLIEFDHMPPPTRMGRVQOOMX\[SOQSNBCGEEAPSVYXSKPOJKGGS\^WMILRZXNJKKCCCANTSRKFJHMPTYXPQONMINUXTWVQQYWMKGHMTYVMHBJLUZ[UQRPSPLMVSQXWKGNMMZXUOJBNWZUJCLMC9EPSSPNUUSNOU]a\RNJJIPRNPLFGLLY]]`^^ZWPILYcd]UQAF\_ccfkg_\[_XJS_dc^XTI7ILLNQWT[go{}{odZUTSJLGDTY[\]ZVMPZXXWZUV\``\YUX]WU^`[\[WQY\WY]\VSKHW`^VOV___]XJ;HIR`]\[UWX\[[WPPRSPXSJLQV]XXVTUMKULGT]dZLK[^SNIO[[]b^ab`oƒtfenqvwsoha``c_SRQTUV][\YTWXWimg]QIHTW[ZYY^jspbOTTPCNVVOX^^XTTUT]YSZWSOUYQZba\]YUWQT]abcb]RY^]Y[VRX^\RXVQS]ZWXYVVXVRSVXW[^^`]WSPPLV]^]ZQMVZT[fd^d`YV^c_a]\ac`TQWWWWZcf]TUVWZWZ__`d]]cc[Zabe`\[`c[QY`]YV^adbbhjd`^^ZUXKPalnkd]`dca`b][RV]^TJW]b\VTSWVZ[Z\]_efecfgfjfbZ]gmruwuphqzzsfemx}€x]begd\RLCER^ejjgZVcijkfhilnjieilma]dgd`Z]hkfXX\Z\YX\]bd_``WYSYXN^fbigcaddjnjgie_^]cddea^\WQW]ZY[Z^]XTY]YY]_^cec_Y]\_Z`hkgc]gSOPQSPFENNQR[URRRPPSXV[`_XRSVZ^]WSKEEKPQQVRTW_rƒzoZNFNOOMKIPXVPJLGFEHQVQLRROROLPJCGKQMHAIQMJNHJU^__ULCJOU[YVNJFGEFHOPIMNH@?GMQRMLJUQVUTPLLPGACQSMHRUOKINTVJIUWUTRRJIW[VLIJG7?AESQMDAD=ERTWWLMXTKGSY[USXUWUUNOJMNQVSNKJPTX_aZWUUTUMKPNOPXUX[XFKSOTSQIPWSLC@<-BNNLUZVNMKKQ^hf]XQICKNFDHMTSRONPRQLMLKUWPTQSMNXXUWTOPYcdYWUR]]Xa`ZR]]Z]\YZPDMRSLJJKVXXSJJMHR[TQPQVW[_`YOWe`SUVTMEDOMMRSVX^_[RISZY[QNRUQPLW^e_Z\Z]XTLNMQ[ab^SHSYRLUWY_fidXOR[\WLRURZ\]]RU\XZYY[_ZGS^YKSdeb^WSLOOMXba]UWZ]aXJAN[N>QRXZUJLV\WRZVPKOKS^`YGQ[ba\YSP]dfcdda\ow{unpty€~ujc^_`]TQVOKRXSRTOQT\cjmhXMQS^ff]T^kokWRWTRMLRU\\[[\_`][[WVYXUR]_Z[`^XYVY][UXY[_^]Y_bc`\V[^c`XY\TYa_^^ZTWZ\Z]bZOUZ][XX]_ZMV\\\^ZWZXYciha``VZWaaXPU[Z^[VUVUVVZ_cb_QW\Y\^bhf_cjkhcea[bcda`XHPZ]ZTW_egkqqmf_[\\WQQS_dkkfbb`^][URNPWWTW]_aXYVZ^][\URY`c`_gh^USY_dejr{€€}qchz|rjks{}whcijb`_aU`luqifjjhfhfjigmtvqfbglic`fhdbcgmjaV\bbcabihga\X[\cbb[U_ga]_`adilmnmjZ[accfmkfYUQOX^_dfb_c\^de^\`adce[UZadbVWbhhhg``OTRNJ>ITWVZ][Ya[YX]`a[Y\]]XSTWWMTUU^^ZPKMPQT]\isxp^HPPOMGHCJLGEOQFBF?EORSQA7KILLOKPZ[UKDFFIOUTTU[[ZVQQSSWWRUYSF@FPVUTOPQHFLJJNPMLJMVWQMHISSCCGOWLJVPJGILWVOMPLLNNNKFPTPMJLJ;9JMQRLILNIDHJJNMQYSICFONKOWY[^YNIGIKMPIFEKKNUWY[YVRRSMDEJHITV[]ZSLSVZ[SIKOSMFGC;PSH=KXWNLMORTZWR_UOIDPSLPSSMPZirm^XWVRHCMPS^\XTLCT\`ghc\QRXVSV`aWTW[\RBEGQWU]glku€ƒƒwf[Y__ZWXWZZZ_bajroheihaYYYYXVHJPI>LLIJFJHP[YONNKMNMMPHBYYVUYZZ^`ZONYbe[YTT]WUTQSSUOT^]UVSPQWYTUMEIPRTSZ]VQRJGNMKPTX]WPTYZQQRPPRXYTSLKSXUWWRVUY\^YMJLWZTO\`d\YYQLLSSMRTW][RIKPKLNYZad_[YVV\_\SPRU[`c_YY]]U[]_bbSNYUPMUY[[TV[ZUPQV_aeU]ee]SQRWVSX[]]QCKUVLMX^ZWXOPW[T^db^X[VT[`^a^QWTT^oy|silt}{ohif[MHPWSQTUUTQHRZ^^`lmne[RWad_UY_]]dg_U^_[SQWVSXX]a_\Y]bb^^]]b_cffaZYZ`]\[THOYUU`fb__`de^^X[_^RQZ\]WSWY[]`bXSY\^ZVYeg`YV\Z[_]\`bagih\SQ[ba[^`aYQEU^^]^VUUZ[cg\X\UNYcfdbddefa``VMR]^afbYY^ac`b`^ckt}‚xdbba`WXYW__a]]_a\ZUUTSXUJR[^^\\Z\^c]TX]WTU[_bji\W_ehjnnr‡…xl_`m|xnhhrvrlc^dcjlebcnqolhimkeb]]c`fnrjc`[]a]adbcgfbefklcab`XTUVQYZY_dc]\[a_`WMS\adcefjd^\`^Yaikg]WZ\UZY\]`\Z[]\`cba`dije]W^c`^]Z^affd`^^Z\\VMDKTSPVVPWXWTRY_c`ZYZXPOPMJEMQU]^WIJQNRTQQTiso[IKNHMGGHIIMORPIECJLGIJFHMJICBHKOUQGCIF@IUWXXUUQOSPWYVSKCOZYP@FNNLIILMOMNFEMSOKJJOQMNLNRSJLUUSDLUOJNLMMPKMQFBLLMLW]ZRMMNNIDKJNOJEFNMHE?FPNOQG29GMKGEMMNQLEBCIPQMFPTSKDILOSWN?BD>DLNKHMRRVQKGOKXZTORKBHDDECGJCAKY[XXRQPIOQNZZREPRPSSTQRRWfom_VXULFNOMU\^[QSRYZ\]WTRZ\ZTW[XRV\_]YONRUXU^gor~€{xz{yg^PVRTXTSWXZ`]ZdopfaloibXW\`YX[\OMTSPUTWVSZ[XQLLQQQTLER][Y`dbVRUSEGY^]W[ZY_[SPIJPWUV[UOX]WPWZXYWWVPPPR]d_RPRRPRUTZ`^VVVSKLQMI?M\^XVVPRRPQOSOHJJMTXZNJXX]Z^\TUYTOVWRLPVQNOOSXUWWTWXZXWXb`^acZDBRYYXZUU]aXORZ]`dYVYPKTXVTVX[]b_`UCL\^XQ[_]UOSXZ^VW\[UGHRQQTUUSSTXZRSScfe\[XMLYWZ`b]TTUYdt€xrmrsbfnlggdbe\TTZ`_ZRRSQRLYer|zm]TRWXWYVUYfggca_\WQRKS\b]]b]\[^XV[_ebY[a^UQ\da_YZZWRWSS\dbfeb`_[\[\fgb_`_ZYYVLW^\[PSYa`WOP[a]VRZ\\a^[`ceeec\PNX`_Y^dgeSDM\[\^_SVZ]^a[]^\Z^a`WT]\T[`b\XYXLTbge_]fda]VSR]ajx}xpjfbec_bc\YY_beca__^\T\[]]c``ceaZ\]]]_^baaZZhj`XVY^ccjlpx}n`[\r…ˆƒrjhovwskkcfnndggajmpjlrogbgeVUakjeckha\]goollea`dfhc__\XUYZ_bdbdc]]a_a_WY_]Ydijfc`_chd`Z_gg_V\a`]ZW\ab_\[_bfjnkhjome_afbWXZ\]]_\]_dff``ZRRZ\ZVYXUQQTUNT[bcYOZWRQRSSTVTPUWSLLPJOQW\Y_d_RIG>:BLRSQONMLNNMJRVSKEAKOOEFLTTSQK?BGGJRY\[SPTSNMKOZZXXTQIISOPRLMMPMPOPSJBKSUJCCBJMFCEGHPV[[XLEQROLGADETXZROSPLMW\XLHGKIIPQFFOHADFILMIFKMHE@CA??ELUWRHNKLVZQIEGQUUQKFLRKKJQSPRYVRUPJE=PWOFBBEMMKKMHHHLQT[][VPQTQHQSSTT\WOV]TDKS[`acYT]XMKVOFU^^TQUYQSLXZ]__cYUTXQR^e]QNQOQSKJUfv{}€}wx|xl`SUOMZab^UV`\O\mnlikrsie``e`\`\QNQSQSOPQRVURSSX[WSSLQZ]VVXWUMKOSLPacWSVSOVZZXTLNUWSWTMOUUQRWX[YY[XOQSX]WSX\^^]YRZda[YYSFLQQRNSZYYZ[ZRNU^YQINURRRZ]XUXegb^UQUZTOMOFEMRPPRT[a`ZTJLVXWNT_dfgg`QSZZSNQYVX[]VWZeki_X\ZRT[][\\ZUV^c`TX_`ZKJJQUUUQS[W\_^YPNRWY[XZON\fb[P]_WZN\fkaY^]MUY_^ZUZ\hy|xtoli`ntn\cecdc[V[bgc^[\UNHS]ky}{q_RR]^\^]ab`d`ZPSSWWWVcihc_b]WRVX[_dc[[daWYaeea`bfgd[YTOQV\\TW[Z][W_ab^`a`a[ST_c^]VY^edWIJW_`VRX[VWT]b`^b_]ZTFMTZ^[enmdWNSY^XXW[defbabfa\][VW_bbZWagegfYQ\dgi`Z_eaYOP]ebbdn…‹rc`dcedaa]`ifda`cd`]`_b^\VSWb^YUU\c`bagd\\jkbZSUUTVchkswupmhepƒŠƒr__glmmkhhqhW_ggegehelvukknmXSbfb_^eeecUZjgcbXUZX`fhc_XV\aedghhke]_eh`W[c`^[ad]`befecYUZbg_WS\_^\[[`ff][afdekmmjgeba_^_Y[\[VW]\XR[ckiYUTSX]^WVWZUORSNIEUUKHSXUXX\\[[WTW[WWXZUUV_d][^b__[UJHJHNNNQQSOLKIPPNJDBGMMLTXUSNIIGJJPWVV[URNWXPRTY\^^_a]QLPTSTRKLHLPSTRJ@LY\YPH;IPJLC@KNPJPRPRSQURLGKWW[]YSQMFBHKKMQTMGCPTG=FA?KXYYUMMJA:BQRC;@IGIFCMLLKRXRJWZWMMHAFKPVYSQIJNQK@IRSUTIIPRUOLRWQOHPTYVQUUSKFILMIWULFJLI?KQMDR\ZWZ^TNZcgd^WYWMMXMOX[_bd^WIGQM@AIZY\][_[[WKIXSNIHPTYZUOPisst|ƒ|pkiaZWVUTcpqk^Wb]UYgonmmppnhefd_\[UQROVUVNHIQTUSPRUSMMLKJOTWSJFJNOOQSXa]UNMPTXZYVOINSSX^^ZTJQEITVRVTSLKUZZVSU]^ZV\Z\]_bba[ZYSWX]]USRT\X[ZVSWXVNDRTTRX\VNQ^d]TY][SSVTSSRSNEIOUY^`UOMSYWRNDTY`[``UW\[TBSZ^YVX_d\\`]Z]`]]b`c]XYYZZ[b`^\YRSPMMS]]WW]ZY][_dc\QPUUWXWTYadaS\_WPZefgfi\TSU\heYQWX]mqmjmmajpje^YNNWXSIYdd]_b\RRY\]fu}}oaXV]`\\]^_`YWTMNJQSR]a`\VZ`XT[\UX[NHV_TRZY\cfbdjjf_[ZY[ZXVOMTY[Y[`\W\]_ab[WZ_cdaYT[]ZVTMOXb_VTVVUWaf^WRW\]YLIO[c``ih`WV\\Z[]^knldbfhhg]\YVWZafgb^_c`]WSU^difed`^^^[^_affs‹–“ƒl]ammgaabb_a]_ZVZ`cd^VX\b^ZYTTWUSbfb`[_[`mmc]ZWSU^gnolqy|xqpt€Š‡vaZdjdefdhqrl`\UX`nge``]Tmni^RWchgiifgke`^STXU_c]ejkeZTZejhdagiol[\]^ejnke`___RW]d`WSTX[cdW[`^W[WVY`b]UW_daabfga[]]dba][_`\]Z\YUQR`eecSVSMWYWSRKMNQSOJGPOHMSSROSRRQSTRW\YTZ_\XUV]`afaX]aZPOSOLVWPNPKDDCLMGFHIDCDBAIMPQKMLOOSV[^]ZUSUSJFNSYWY[[VLAGKJMORQLG?KPMF@FNTWQLKMSPJMOSP@=IMLSMAOVUPMRP;EMPKNJIEA?HRSNIGNLA6?AAJLSRMKMIFGEEB21;@GIFEPQNF>MLOUUNHJMPOTWWXWXVG9AF@FLJDDJJJBHEENRVONGIMKFNRQMFIOLDCOZ\VOPTLH?NYZSTTTUXY``YQMIOSKLX^fieWSPUWQTXWQHZ`]USY^edb]caaVTZYTV][XXY\`]WTRULRSMJQVPACPRMIJNPQW\TS_d^XX[\\^_\SOKJFISVUTSOOPVQPRS]cge]VTSWV[XXWVYae_\^TSXZZ^``a[UWXTWTTY]\SKNQOIT\ZV[_aZWPQ_b^YYXXWTVT]Y[^Wdi[USYTQajf^]^\dgSGRY`molhhfdhuzvphdVWYZOP]`^b`[QR\daZduyregc]_[\_a__^]XTRPV_[URVSP\ebZSOOVWQTUXZ\_SS__`ccgc^SW]ce`YQQLWcgeb`WUZaijdYX[X`a[UVXRX[YUY][X\_`[ZXbaW\]aa^WHO^bZai\X``^VV_ebcjha_egaYOU_ZTW[_daU^^XY\VQWhnjeaVZfhaY]eg`\r€wleZkpcZ\]^VS[YTP^ehb`UPS[d^YUX``^gnk_\_^U]a^ahffhjrvsqpz}tjlpy{c`kjhdebY`kfg_YS`hh^`^^_hdf`abjmqlidijf`YNZ[Z]X\`ec^Y[^egfhgfnmiaYZ^egif[WV^^RXedYPQKXcebUX^YRSNPW`e]IX`begjmg\SR\gg`ec`[]`_dgaZ\bh`^iTQPMMUQMMIJQXXWQNHFJVXWPOMMGHKSMRWTLNJMOOQZeomdWV_WRQSMKOOKIDED?CLNLKMONSME=HMPOONQQJKMR\]XVOQLBMUXKFIPRTJBBIMRTTVVQA>DGIJKMLNJTWTNDHJPTSNJOQKQRMNVYQJMI>FMLMMKMPTPLLIEINONKKHLMJLTTOJKDFGIF99?@ALRIIMLHDAOOQSQG=IQTOVZYTRVUKIRPIHGJJMMG@CCDBEPNLFGGLKAAS\VPKIJE>AOQSOC5ENMGIHMR\^TKEXjh_STXUXYOVORVU]bWPWX``VUPWVQ^a`c_RQMU`gfWKJROPM[duwnfc[_^\]XP`ijszvhZ]\UY`gehmneXMLTZYXVVX^^WPNPVZTMLNJDLOKMTZZVWYXVPLU\YUZZYRZ^^_ZLFIY_RHJN\a^RQUVZYPSUSHMTRMOW[^^]]_f^TIDRMLQX[ZWX^aWW\WNHIHPPMNI>IJE?@OSRQRKIW_[UWVTQPWRS]ZOEOVSSVTMOWWRNOTXeid^TRN[_a\``XRUQZ_fb`WKV`c_`\ZabQGKUVWUOOU[XW\aa_c_VOSVTWYPNSXZXZ[\`c^WLMd[YYRS[dmeV\b_Z[ccdbejnjbbkqny|wttg^\^Z`bZ[\UUTS]]cYPgmbgolf[YWcdba]`^WZ]\gg\STSS]b_PMRX[XTSWYaffe_][_gebfd[UX]`\TNTYX_daX^ab\digaSV\[__YS[_`\YSWUYVW\bhe]Zaf^bbabb[SZ`ZQ^b[T[_RNXcfa^bg`\`^]^Y_`^SR\^dccik_PRZddccc^UKTdc_TSTRUWU\bijgdlqnc[]TPSXZ^dfgcYaaSP\c`WXYc]YdkjcWYSXTY^deefjoonpsv{|ugikmw‚{ldjlifnpaZ\ebcTYbkdW^ccbfieijkgikh_hiffdZ^dc_]^WW\b]Z\bbfhffacije]\YXWZ^\_aa`XQ_d`[ZVVRTYYXWPHRXac`_YWfeddeheaZVU[dc^cb^Z]^bgic]becZW\]@KOXZWTPJONVX]`XMIPXYMCMMHAEONIM][TB?CHNRZeliaMLUXWZ]^XLDBJHGDCGOUQORSPPONJPUYSHNPNECADMVWLGQIBNZXLDHKVYPGNMMLPLIQSMGGJHQTQOH<=LIC>MOKPRUPPWRSTSUTWODGDISROTTRTX[VLBBGIRZXXNJNQLGSTNOPMHHNMDBIIJRWKHKG@@ANQIFJHDLPLA?LKLJRQNY`[NKLQKNPPTXUWPB@@CJNQRPHIV__UIGIHEJXZZYRLORQSRMXXUYZWPXgkd][Z\[THc`WTW__TU\ZYWYVWZ[X`aa^WOJKZbgh`VRNIOTX`ly}wdfgc_\]bc^X[g|ƒ|nYUVTX\fkmgc`YMLURMJLIKRRNQWVUVVIKLSZZVUPSVOIKPUTOIEIJSZ[YSPPLRRQOPX`XV]XOPLHMSOQTTONGGQQICKTYWXV\immfaVVXUPNTSSW`^VRUTTNOPROMWRDEEIEQY[XSUTNNPQRSXUNNTVJWQGT[_aYUSMNYZWTIENR[\`b]UVZ[^egaUTQY_ahjaMRXWZa[_\\TILQWUROPNSWUY]_ec\JBPUQQMMNNOROQRX`d]PNOOce\SMU\gib`bglomjideiikhkosmm||xtvtneVU]c^W^_c[[^YRMNZ^dtwiebWU\c_UQP\SS\^T^a\[WSWUJ8OZ\[\WV^^[]\YTOOU[UTW]YXY\`\VT\\UX]`a`_[YTUTPDQUT^d_`acfhfeeb][SUbd^Y^eb[Z^_ceYPV]WUQHLQ[aXJTUTMQ[b_WVadhg`ZWVYbfga`hka]]_eeSHSUQMNZ]^XLOQW\[W[_caenmoib^_WNRaddgkbW^`ZSX]\Z]cfa_gmid^XODPTZed]gvyxjmty~|wjbnr|„ƒrdgihbotlb```]b`dkgcnljf__fb^ha[XWW`klhfgb`deb]_ZV`eaVW\cgfd`[_baeaZ]]]]WWaadbTS^abfcVSNY^__[WOXcif\Z\dhebea]]`beifgdced_^`ZWa_TRZZ[JL[YHNY`][[YXUUX\XOGMZ^ZLGPXQJIQODFU_[RGNQQNQZeg_RQVWTRTWSNEDACKLPX[WROSVPHKRLFUZUMRSPRNNE=MUQUTOMUY\SMJLQWTLRWUUYTFOQHEMKJPTPSPIBCKNMKEDOSSMHTVTPTW\ZNGFGKNKRNMMUPI:CDCBDOVYTNBFPMJBJQTTRKBKRHBGLRZZPEMH?AFQVOE@HKKG:CBFQRPX[VY\WSXXUNFELRXWUSIJINRVMC?LSZZXUPKJHILZZUTNBLKHQPX\_SHLR\`cb]YWX`if`YFbaYYa][TSRPXTUVURZUYZ[TONRSZ]b\X\XKKWPUhy}sgmjc]]`[^a\QUmz€}qWUUZVX_gijgbTJKJBBD@HKMJMRURUVSOTY^]YXRPY[ZUSPNQQOFNWUT][OICHRSYYWSW[a_VSOJKMFDKVYTNTZQMSZ[\YTWXbpupdZZ`YYPASSK>DKPNRRNMMQVZXSMJIDFLV\UGJRP?3;;?>DMJHJJGAFKQQOPOLORKRPKHA>M\\ROOOC;FQNKIA=?DFEMLHHMNVVLIMKKVYYQSRPNKEDEBKMNRRPGCKSNMTXYTRNLONPPQJBGOPSU\^WLG@MT\]RKV[UXdihebNssaZ[WSGCPZ`[WOTX_UZa[VQ[_^\]RO``SPJLTervqqxtiab_WZaaXN_w‡Š|cY[TLQU]cd`ZSTTOKONKGKSUTSKMKMUVW[ZSSQMMV[_aYTQRMPUVTRKX`XPNOVVWZWNR[a[UOQQPNK@KTYRKTVPQWTUWX[VV]ilfWS\^XLKGKPTRQRVY\ZOILSWUWMJSUWYXTNMLWV^b^ROIKMNPQR[\[WTJO[_VLS[[T\WSVVOLJNQSUUWWT__`hi]NUYeh_SSZSV]ca]\ZXPTYVX__Z^_aiihde`[YYSOT_`b`\W_YS[^[VWRW`a_\fih_bcb^W[^ZMX\ZWTVbmrjjfblsqjkusii`PU\`^_bdfaVTRZhoqpf]Y\fnkcUNTXSSW\UVZ`a__a__a`]ZLBDR]c`XSQUYUUYSMMPOTUZZ^[Y`daZX[]ZUVVUUV[\YTW_daWQURWW_cfdfhhljg\V]MVZbhe[`di]OLW^]^]df^VSUWUTT\a`ZWcic\a\[]WSVZXUYaa^bee\JPYa\Z]ab]XUYUSQQ`c`aaTfskcgrsmnf_^bd^OUXa^WSST[bb]bba^]`XY^cdiophihkmqpliea_iosqdrƒvkdca`ac`chhafbX_c_`_ied]`b]hhje]bkj^SVX]fgbWRXR\jpmhabcaabeg_``\RT]c__aZXSVW^b^_\[STY\WW`ci_YYVQNW]cf^Z\[^bgjjfc_^ikj\U\VLMXgf^W\`bb^agENU\UTUV\][^]VMJNOSQW__WPJMLMTTXWVSKJKNRZgopeVUTINUYWPKLMS[ZXRHDQ]YSRTRGBGKPWbaWQQSTQI;?EIELNLPLKPTZaXQKOTVZUJKOMGAFQRSUZ_WJT[XKFBE@DHLQONMRQPLH=@IIKMPXZUPGCE>?FNNLMPRLJPLDOQJQRSQTRNNVZXPKKOQ]b]VNNGHPZXMBW[VV[a_`ijwqf_OFGILS_\XZ[aac`^YVT[c`]XRUddVQROOP\eio~qa]ZOR^_XSTj}‚|oh^MHSPTYYRPR[YYYXPKIIQ\WVQILSYWTYYQE@KPVYXSLPSPLOQPLQQT]\SRROKPX\YXY\ZROTVMICLSQQOU\[TUTLIU]\YULV\UMNZ]ZRHGGIH@ACHLQWVQS[VXXMJUSWWRHMOMRP]d_UQRK@B>GBKSVTMGOYXSR[_\WYVUTTSSRRVUR[\\RX]Y\WSTSKX`]TXPPP`ekjf`[\XWY\`c]`aYXW`\WYUQPVQRX`aSVee`SOZ^a\OWVZ[Yc`^X]`_aSTXYYW\ZUZX^imnjggimkhiprmjebhid]_c^dedd\YlyzpbZTQ[joh`[RWY\bd\TZ``[UOKT]b_VQROU[a\VYWTSSUWYXYTQW\^]WTWZ`]^`a_WUWZY\_ccaca_`ZYPQIIObheabcfiidZKV\`fhmh\]hkcUXX\ZNW[\WX[UWPKPad``aff^USQRWTOQW]Ydeb_cbb`]ZZcgiifccfe_XSWTXUX`^N_keZcjswvk]^bc`X[^_YUUVX[XU\`TRPWa]URUZ`iigmqprqnlnneUbejodp~…‚vigfe`_UZ_^adg_bZTWehnb[`b\Xkkib_b_T^bcgeklb\]^agkjjifa_ZZae^V]^_\Z]`ab_[RW_b`_]XY[W[^Z[`ca[X`aUKNTZ__```_`chooikagjgib]YYVX\YU]b`_^^bhcZ_]XXVU\]XTYURXZXXV[c[QFLRQGHVXYVTUPEHSRU\b]PSROFKKIECFKNNRRONFPYWJDNTQDJSSKGINRSPHIJHQHJNOSSPPPONLEPOI>KNSLLS^`\RGHOUMPQIKKG?ERWW^b[Y[[ZWZ]\X\`baac`[\XT^a^ZV]^]Y\]XWW\YPTZ_^YZY_^PIX^cdf`Z\baWOOZYUSPPZ]USOS`b]\RJTXb\_a_XX_fc^\]\XOTVWadb\WZVT\_]^ehbQQXZX[[SWY[]`c^dgcb`edaefhd^^gnj_Z[be_UKWXR[ehfaanyyjYZ^_XQV_b`YYXdffceaXXSSZZSOSXWbedjqqtopqvtlahllprsx†…{nhiffaZT]\\eiea]SWbfcTLY^YVbinpgYZdfjgbaflc\effifhgea`bfhfjihgjf`XTRRZ[\`hid^Y^]][^aga\[\cd_a_XWYXSX]`^_Z\`afllkg]ceghdcc^\][ST[[^cgd]\`^X\[USNRURTPPUSQMSWPLIJJJJCKZ\TOXYQFERXX]_XWVZUNNPGEGNNK>@MOOMKURPSROJ?@LJIGGCJSQMMK@AJNRQSVTSQKKKPPMHJCBJSW\^\UMFKIHONMHJOTKCBDKLDIQSRS[SLMPMISTTNFPSRRUJ9LONPMPUSPKHKJKJIMUW[YXOOYYOELNKNPRRSKLUZWSRROPJDC?KW][RAKPKFKTQQOORME>EGHLFFMNH?HPWWQSSUQOIOUOGMTTZSNJJHGGBJSTSHCOOONSXZVFDRKORNV[VUOOgZZ`]ZTHPTU]^N[`_TNX[aa]ajf^c^]Yfnolntpi|„ƒvcPDMQSQTPNTW_mie]XWZVX]^]\TPY`a[[WZYRKPUWZUVPNQVSSPRUWWRF@PX[WXWSLTWSOPWYYRWVV[\^cdaXRUUOQU\^TIRXZZSUS[^]XUTPNMMSQPQRWZZZXRQUTQQPSSRTfd`bTIJNW\ZUHMPIQVVWRPMT\^VSUSURGV^^YTWZ^[QWU[XQKCKX]ZSUIM]bdbebTMQ\\UTV_djjkbZZZX[`hqm]LCS\ZX`]WUUOJJT`ec^[QNSICR`ebYSQYYYWPQRSTX`^XWW^c]QU_^aUPMRTYhuwoqsilwxnksw~{ghheb_ajg`a\Xcqyujfdfchf]YPZ_ZZTRYTXUT^_b`WUQ\fcad^SOSY\_bcWQPQNZ__]\]]]_`abYRS]_SPZhhbbb[TWTQPSWX`a__``\ZRLW]\ZWVS[`XKNV]_^Y\USXXVOSX^bfca`[OMZ[X[fjaTRZ\V^bYXTORY^c`^]^`affgfh``]cnl\Y\bh_VYYXZ^`cfccjtvhRNXaYTWP\^XTX\_`eilibSN[]^\b`^caX]Zeltvolfagqsonqqz‹’‡uffb`_STc_\ckji\KSZ`dc]_bg^bhjole_\b`[RS\ba\[[[_ccefebceeggkjd`_a[VNV]^^adibbf`\Z^agib\Y^ekc\adif\TOOT\]TS[NUcc`]\\`bfcebX[]]ZX[Wcgge^\_X^^UTVUXYQMLVSSVSRIEJIHEBOV[XPGXZSPU\[\[`gded`V]`YSSQOIGDIPPIISZZ]YMMJECLJBGNLTSQQPNOQMPQRURQPPNLSZUJMMNY[a_XQRLKNJBHNJNPIKRNDBSWUUYWMS]]UVXQLKROKBHSUWZXJMOKMBCQTOMNRRRJGIHMQQRFKGEGTOC=GQSQLEINHLW`^ZWNLIFELPTWUTSNDGCFOUPLRQOPMLORUSVWPNRWVUUQOPQOMTVXTSLGR[ZPIEMQLM\_^VTWWTQXGKFS]ee^XbjeSQTS\][OOQ[_\SUWWU^ktuw{wvqnz}q^VROY^VBMZTHM[`aa`XHU[YOPLS[ZVY\Y\bb\XPBJMOJDGSWOPX[SOKHIQWY[XZOKSSPNNX][XVSRV[ZWVYUWaaWZ^ecaTRUQUQLKMMHSY]ZXYWQMVWUTMRZdaYSXWR]]Y^_Y]efd_\_[\WOMQYOEM]cb`YUTOFGNOQSPP\WWY_^]TUZ^TNW^fcb[NQ\WTQWYSYa[UNW^`^V`iigd^V[WT[\^beggglmf^[U[ZZRQKLORON\``[\RX]fb\VVY]`c`WX\\ZOOYIZ\POPVQW`baWT_\Y\ZR`l{vg`a`fljjjlhe]aggdfjkcdjnqibbkkcYVV[\\[QVYREOVQQYXX\YSXahd_a_YRUW][`d^RKNU[Zac`\`\JLIOZbfcTTYXWTQTZbc_]^^^WZ^^]XW^SM^a^\WW`a]]`a^acb_\TPIMOXYW^c``gf]QBTZWXWNSXZYII`c`[VX]]`fcVWYVX^adifZROW\[Y_^_abd^TPURUdnqpjjswo`[[RT_kdddb\WZY^`dgba^]Ybgg_[d_]acjpqpY]ebmszoklb`p{yoehomb]]b`ddfnke`aWPQS[Tclpi__b`ghjd`W^klfeadd^[WZca_age\\`ehhilf^bde[QXdnh`eiffjf`VU\a]W_aaacd^UY\][W\ZVUOXcc^_c`Y`edgjcbb]XX\Y_d_Y[\^[LBWSVVUXVOTXVSPJKLWULOLRMNV^ZWTX]\TQOSUUNJIP\kh`]hh^UVXRPNJJMLIGKO]][XQMKJPPIEFLOZWOJFKWZUW\\PC?MGISWVSPPXVTPLKMSRPKMSRNLJCLQNRWSVZ^\YKHNTVWWXWTVUWUNKMFDIKOMJLKMWXYNH>FNU^\WWYVMLLHBBOQOWUUQHRQHAGQOA>LQPJFQXWRMMPMFRZXWXVTUOLJLPWTQNJGFB>?MPQSMOQOJHE8HXZUNKPMVWTGEAJOX[TWXWV]cL@JNQUVU`fhbSOQEFM]TMPMVQV`^[ORLBRYVMJMWc`\[[QOUakv„…|ogqrfUXRNSYSDOXXUWXVVY_YZed^UUNQPNORWVY_ZWZYKDINQNLEROM[`[PGEHQSQLRPPQUPSOIMXZUQNY_\UMR^\SP[XRZab]ZX[WUTNCBJHPXSPZ^^STSUONKQYbcZV^_YUSJPW\]]YXW^aaWUQTSOHEIS[^\ZVYTQTYWQMNNPNS[^_`a_`\\abdhe`[TU_^YRUZ[cjeZW`eaZW\[d]WRT\\^\VZgllh^]^_\QQUZVQONUJA=R`fhebWWY_fdba]]`a]Zb^`ZRLV[]WR\_]YSSRPcijeW^d_alvxncW[lrsnnljhme_bWS\aeZ^hptjgeeb^\SQU\c`WZZTFLRRPUURRPQQX[ZWUUTWVRPU]`ZWVQYUUW_]XYZQOWWWag_PU\abWEGVYWWYZVMTUYZXULOLCTTMNSPUZ__ccg\RWTSUOPRWTMLYdgcbb`\WPUTZa_ZWXZQLVSXVRRUZdhfdbdg``a^_a[STZYVW^^]X]fdY[_^V\idc\^hrqpnk_TZ]a]_]YXXTV]_^]XQVSXefgnmd`bZbt}dUct|€|smb`s|zlige]Y]_^b_]^ba_`WLMW_\_kjhgf_dijjfcahnqnhdffnhjjjcajlf[^]Z\elj]bijd]W^jia^gnlhig__]_b`]`bY[a_OMZ`a\Y^a`ZZ\^bgkje_`\`bjifb[RU]]\`_XVXYYPKSW[YTOHLTXQSQF@KQKGPOQNOOMQYXWUMNVQNPQJJLKU\][hljg`WYWRMPLKPPKNSUHGQROPQVYK>HUTRTSMEHUVIJVVQ>2CMIGMOKGHKQQSRSINLJCCEBAINRMLNPLIPZ\YPGCMQVXVRGHEILOJGACGHPVRNNPMMTQMMNPLOZ[QNQPKBDFIGCOOWYORPUQMIFKKHHKSPPHJKJKHKPRKPRPPIKOVWSJCPVOLIGHNH?:HJNNB@>=BJJHCGMOMRRFKROJFHFEIVTPQPW\\QHRRXXTVP[c\RSOBENORIKRR]_WNV^]XV]a\SNW`igX_c[VZU`mwƒ…uorqbTY]^`^S?9JLQUTMKVVSVcg`TOILSSORUXZYYX\^WMFFNRWSOLNV\\RRTXYVUUTRTOYZX[VSOW[TX^d_WRR[[ZSPSURSMV\]ZYY]\SHRNLTTUX_b\V[ZPJLLZ^UU\_[QNQQUY__^ZYYWY]\RKRXVWXVUU]c__ZWVZ]]VRW]RN]fd`b`\Z^ab^cc_Z^ab^a]URWZ^`XQWaf_]Z\cifYKNScidQP[hb\VV\_][WY_]UV\]\LCPcfc`_\SSY^_XZ[[_^XX_efecQMWWSQSSRTSUMS`g_c\`ekhffmkhfkt|yuukdmne^`]VQUY^egoprpkd]WZTUTTZ[SNTTX]\VPOY[YZXPJJLSZUOJNQTZbgd]Y^`^SQ\\[ZSXU]^X]c\QSX][UOUXVTVYUPOQPMOXZXTSUTSPV\YX\aYS\_ZHOWZWOLX\^XZ^edfb__ddaVPW[WVSYYYYRUZWUTRZ^dgfeedddhgeeaZ\a[UZbfbb]abXVcdb]XWTO`jnmilha[]^^][`]__YLU[[UWMMUZX\eoja^ZV[vƒŒ‡~edpx€ynibo|xkfhe\ZXRUZYVNW`a\YSU[fdded_dcX\\`klhcmomkihmommikh_^hnj^ZRW]klZU^eg_Y^dgdahefbZ[`agfe_ahghcemg_[`ef]V^a^dfgd]cii]]abg`bjh^Y[]^d[LZ^\XWXUXUX]XJKMMONKNROMQMNTUROMSOLQWZVJCITRKIGMUWZ_e\Z`bbafZOVYPFBDJLHHNOHAJRRRCOZM@LZ]VVWWTYXQFFPTPC?JV[VPJHLQQRSRRPPRQOKDGDEKOQOGMTMHFBOSN?GMPNPSROC=CDAKRPQRDFSULIMJFMHFJNOD?QQNIGIJG@DLLFFOTTQSOURPJB=@?AKPPOHFE>=AMRUOMNSQJGNNNOJENWRMOU]_XJHMFGKHF>A=AFJD9=IKQWRGGCGMOQPUYRMGA@KTPKPVZUOHNYZRMYYXRTRPOM^`c`^ZN\`^Y]dc^Z]almhZWb`agdafou|yvxwufWWTW_a\PJCHOTRJIRJEV[_^\PNTWWSUWSQIIGKLKBDPUZa^RIQ[][VYYUOLOSOJC@NXXW]dcb[QNWWODBLIDADKUSLGLLABEMNBQWF9JSOKLOHNY[VQMKSRKPY]`ZVPDIVUQLQSPMLQSKILPOILONKMPWRJ@KQLHMSXQUQQKB<=CGNY[VQQS[WPHURKQQIMTUTQSKMIDIGMLNOMOOV[ZTRLPOMLC;KNIMUUUGHMJCDMPTUOJSUPIJIJHKCCKPPNR]b[QNPMHNLHOOE9HRLD9CKNRN@3AJKMSXTSQNLKKLV[VL^_VQSUX\XPY`_ZQTVWTQQNVY^`]fngc\_giffipg]SSXce_bnu}„„zqyxrb_ZSWYZVUTTTVYQJPPLRRLTSRX\^[QO[^SHCFHFHQTVXSPGMRW][UOT[]WULJPZ^^^_NKU\\_^ZZ]caVVXY\ZVU\`\VT\]VUQUYPHKQUSSMFR`cYSZVJCGMUUP[a`[YXROJOTTRQLKNXiqkYJNOPRXWX\[QJKRTSRXXUMHOQZYTPZZ[_XUZbc[SQMIPTY`]XUW\SQRMJX`a\[babaYUGN[bc[QX\]XUPTZ_^]gd[\ZZXSSXTTPNMR]^QPXXXWPKVaaa__\VOS]_^`\RQZZXPY_eljba]Vf[]hv{wmjs~ƒ„vnkkia\XZZYTZfyƒ†y``bST__PFNZ^]VY\RM]c\SW\c^[]^]acd[INTUZZZSRUdf\QWWYPKLS\YW[`d]_\a_[[XT[Y]YVaaSPOV^\`c`b_^ec]`ZQS`c_[QNKT[PMWVZa^YQY`]SP[^YXVJW`^`c^UPVRWY[\XX\bdaVWZacXW]WX]]_hhedWTNOSWTVYZT]]YWZ[cjh`]e_Z^\SWOM`bZV][`eaXW_^XLMR\b[T\inkcmpnz„†lmwztuvpfktxrgdfi`\\[SVfjie]aione\[`Z\__VX`efe^W]^QUbgecabda\YTRNPUY`cc^^^UTXZVTZ^b^]dg_PZeid_[]_YcecZVZZZ[X^cc]Z\\[[^_][X_\_][dca_b]QT`bY`f[Y^`\bc[UQWW[]]XXV[^]VKCKX^b^SNOWU\`aaZVQWTM?GRYYZY\^`dbSOORSVTPSROKM^_TIJLNKHDHMUM>BHIGLRPKQVTVVSMMSTXZ]_[TNEIUSSONOHC?GNLOMRSJJQNKOLRTRPKA?@KMUYYYVLFLBCLOSWROV]\WLLRRIJJISVSUUTQSPMNLFCLNFHHIW[HKJAHRTQKNRLB>KOOIHECNOMRWUUUSUSUSMORND:MRRKGUOIKI?DIJBJUMENUQKIINRQRHAKMH?KKIFJOMLGGJVURX]YVYTLW`YW_a[SVVSUTVY^eieZ_kohg_ecffikdVM]ddZZ]k}…‚xw€{i[WXOHIUVPRW[YTQNY[__[OYYX[^]YQNXYTXZWSLHIQUNH@EQYY[YQR[^^\XVIGGQYa_XNS[`c[YYSZ[XS[^`]RMPTSUW\^URTUYTMA@MRNLQV_]QIXWRFFMLLPVYW]b\VKHRWVTMKKPM[igVCRWTX^[^`XIAHW\UURTXRQVTUURQSQOPOMRZ_XTSSTSO\hfVVZZZZVRNQ^d\QW[Y`b_VJS`d_KT`a`\ZNVUXRWXVZ`ZWX`b[ZWVUV\]a]\^bcYLYacabc\OHTW`_^QMYZUUOYaceda^YRPQ]dipkflpu|‚ypfa^\RNZ^SJQjƒkee\FRWIGMUY\\W\WIYef_RNRVYVZahke]X\^_ddYRUZa\VT^]YXWURSYY[^UR[\\]WLJT\]\PWfh_\XWY]`_RLGS[YW_bY`[XMNMXX^]\XTR]d\Z\QMTXTOW[ZUMU^aadb[RTXXT[aeaWY^b``Z\_\Wa`c^\X_deb^^cZZZVTYbdb_VWZa``\bighe]ZNPRNX_VIT^`^ZbdebZSW^ed\XdmkfinmgbryyppwuljngcluyofimmbW[WRUWbc[Z_ejjcZbedfhigb[]`aeZXUQbdZW\SX^W[[VNU`\YZb\`]YY`da[_^V]cbdc^[\af`\VWV[ee\Z`_XQSZa`XXZ^_\[`eb_]]]^\Zdie^ab[RJMU_fc_a]Z[b_UNRUKUPNIR\`_YSONLTUVSSPL=AQ[YUUVSUNAJXZVUW^cfdd^SRUWVOPQLE8HVYZUJGNMJEHMPQONCDITXWSUSRTQGGRXXSPSXTPFJWXXXXRLHGGAAJNTUULEPTONPLQPRMJCFNPKPU_^UKMJAQTSRMLSLOHGKLC=GGGLTPGEEKPJIKNLFEJJJA?MRHLNEAFJNHLINPLKSYYPIHJCDKTROJERZ^^XUSNH7HQOMKJRUYULGMQOSWVMJNKNQONNSQLJKLKMONLV^bYLLLRSLKOU[ZZ_bc`XSXa^XQNYYTQV\dig[HV]fllfhhdqtvmkijhcT\dn€|ux}rZVUSJJTOIJSWR=:CLR\cYJScd_c_TTZZZ\d`\WQNJNOKCDNX]b[UIKTVU[\VTRRVYZ\TNJLW[\WVSSZRMOPYXTNLGAGMS[ZXYQNQSKS\[[Z\Y]]TIGGKKHKLMJNZ_c_SXVK\]WUKFINTS[`\ZYVIIQPW_XKJNRY\\VLPSURRUXUOHDCGLTW\`[WJJPKMaghcca][]YVUQVa`ba\WOXZYWNR_eb\[VUY\POJAFMXbgg_\[b_\`c_ZY^a^__XV[USYZPY\[RLRZa`_`[XZXLCGQ\`\\abXNRVab^_]Uelkrx}|wke``WNORWNJj€”‡ykd_WUQNMZ_aed^TUW^fhh\IKU_aY[eic]Y\]^_aTO[_^RPX^`ZUcbWT[_[YXUQX``^VUV[af``bbXYVTQORWXX[ZYX`dgd[THPX^cgcd^][[\^`_\Y[]\UV\XYWWY\^b_b[TPYXSO^gibX\`cd`]TQT]b`db`^ada[Y_^Y]Z]bghe`b_ZYXV[cjopheebWQKV\WPOYXTTZcfefhf]Y^X[ab\dlnnkajxzoklmmjf``fjnkjmmj_\fgfb][Z_^ei`c_]eeknlcfhiighfj\Tcmnee`[TUSW]`_Z^]^[XUXXWekhfecb^^becbcdba\\Z[Z\eje`fheZZSS^^TJX^b``ekj_\[]^[O[e^S[`bcYM^ligda^]XX[_``[WWQMIR[[Z[ZZOKKQLKSYRNQUZZX`geZTMGEDLVbnuri\WRMSRIDOROSMHSUXUEFMLMNIFBFMMKRTQSSQNQRLOQMPUSOHKOLLOSTQJTTQNQXWWVPTXRLKJTVROLOOMKGIONMOG7H]`SF?GPSUXOKTR@879:82:IOIFJLLIA?FD=@LPJHGHPKB?EFINHA?GJEIMKQQOQSURKE@:JUZVLGJPS[_ZQJJJLTWXZQKSURONNPSQQORJDJIQYXVINOPJNJMPOIGUb`UGIUWSEAFV[TPV_aWQOVciid]a]VIDPJI^knmh]ZWWWZSQRXb^[][QR_aYTVafbYQJYc]VULSWYfkd\WW[S]ge`Z`cd^UNGOST]_RXeaXVVR\ZWX]^QKOFRZ\VY__^_[XVU[da`\UYdkstw}€xhhc]VVTVXPLp}…‡}kefabc``_`bbb^UMWaa^^WRY``caYQVXRUWX[ce]V[_[VV[_^\XZXMMWUOQ[`YQV\ZZ^_[``]^XY[\ST]a\^]Z`[VT\_fe\SQZ`b_cbed`^[UZ[W]`ceYS]bbaaV[[YSUTVVP_d\TLWae]WYadbYSX`ee_\_^bbceeZTXX_^^]^_cfda[]\_ghimkhhbacbcc_ba]ZZV\__bchliZRZ^[_YRbjifghmw|‚„ljc]_ce`\^dhilhfihgeedZMVZ\VMTKW`fkh\Vahnkmloo]ekhhb\\^_`^_W\`^V[TNGPSXdecacehkhf`_glib`YZ]\^bhjidgf_QT]\aa\^bgd^Z]efb^Y]`\W[baV[WcmcS[fedebb_UTW__^T^^PU^\WUSRVSOORSLOWVZ`a``\_`aWONQIEMU]luvm_]^UJOPRVUTTRIJWWNJQRGOX[VKCEKJRWPPRPGMRSW[YRHIILQMKFDPQMR\]XNRYZURMNQOQTRVUSRUYZTMEBQSOOJBBT]ZMEKSOOPLRXSJK>AGHC>?JKJLNOQN@:FGESUPNJHJH?;@OUSOBCMKEJKKHGGGLQUWSHGPROLKLHPQPTVSRLKRXX[YOMRSMACMPPPQVWSLECLRTKDJSWWULDJKJJOSQGEPUTPMILX^YFGSYQOLT`kad_]YUOM\b`VVVU\fsx{uu~w^ejpotrqjd]l|€z}„€p[JQVWSPOQOORUUSUSJIPY]`bb_\YYZ[\VTTT[\TONF<>OI:MWWJISVPJER\[WOSRSUVPLMQQKPQPLJGPXWRKPMT]]VQM[ed^WOQYVTTLTWOKQW^ZORMJLMQYac]NRJWbidWXYYVTOSVQQXZZYXZWZUQ[bZT`d\SY[XWVX]YTW[RFKTYTHDRUTW]YQLHE?QcjhbX[\\^a`]WLKCH\`WR[\VQPW]^\UPT`_VX\ZVTS]a`ecZQWecYXefc`SUW[]^[WQ[dg`[XSSQRUYXNGPQT^a[W[\UUVVWQ[cbZVZU[[dnƒ‘sjkaXW\cb^SWl|…ƒoki_aebda_\XW]bc``]TMMPY\Zab^XRIEQVW[ba]ZXdd]VWVYXUNSXXZZSWSYWNV]\TY[UZXQ\^]_aXUhmi`]]^]TQ\^hjcYUY[_UQV]`_ZRYacNGYZVR\_afba^ZVSQOR]^VYbd`XKVX\VR]__YY_dff][]c`ZZ^b^PNV[cb\W]cehifecfiided[_^ajmlaSU]\]^`a`WSY]`ZTNY`]\UWahgbfcaftˆ‹}mdeihc^USSW_fe_``Y`dgc^`cd`\XXQ^b]\[_^]^]hmnlSe_`^[[^\]ggcZUY\ZY^[Y\[V]bfc^`efgc`dilfYLRUZ\bbhjigfa]NPZ]ejhhdgjlhec_XVUX^a]V_fe_O\fe`dmjifb_]`_fe_\TZ`XS[[UOUTOVVRRROMSVRX]UVWNSYVJHJMOPRQSW\YXW[\UA9HNNKJOLF>AIGMTXURSRQNPRNGBLJHJMQOQRUXXVMBFHHGC>BKPRRTVQHJU[WROLRPQTVRJJNUVZWSFAHPNJFBGSSRQOQODEIQSSQGJFKNLJJIMREEHFOPB7BMHIHKHAGTSSL=BMNH>HGKMGDMSUFBLPQNKRWQGFIFFPROURRZYOKFGFFDAFILONLPVMGPWRGOTRIJSKOYZ\UKNUNPZYQIXa`]ahsz}…‰„ujw{{xwnk``fotzuspldIKPSVPC@EGQWWRKKPTW[XTR[ioib\]\XXZZ_`\TOGDCBFDQYRMNQVQGHR[WPS[\XZWTOSYSPV\[TKIPWUOX\XVYSUQJTb]QQMQUZVNLVWPFO_dZNPMIOONW]]^^\[beed^RY]VPTPSRKS[dg`[_hfWOQQP]^TNUZWVMQTLFRWUTXZYVSKQX\]`][WLERXW]`c`UWVUOWXV[UQQW[Y[\^]\UPO\\VGYehbae`UJHLN]cdYSUXXSZaaaZWX[V]]`YV]cibXQRWTNS\^VKW\__VW\cfc\XX`ZOSPZRORZW\mƒ’“‡uond^\XVY[IJ^t~{xtukfd]\^^\QRQbgc_^YUYYZTT[^[XQPMJT]UVWXWV\\TPW\edRT\[RPTYUORXY]b\UUTILX]ac\ZWTU`ff`X^`_UMSZ`b[NOSU[[QS\\XOUehe^VW_^bidcaaY^`]ZYUX[Z\\_baZX[]b_ZYQKRXXVXUPVZV[SX\ZTSX\`dbZSU\bdaXXX[`a]\]baV^glmj]U[]_^\_d]TW[]WTPLYZWW_ilgcaebjn‹…rhgjfafaZ]`bb_[[\Zgonhjihfddd\\ekc`aa[Z[_bdiga\_ZZ_cga\a^]ZZ_^[VVZ\WMRQ^fgcca^^bfhjj`Z`d^X[gnomgfb^\_aZ^ejf_]^msnb^ZY_a`cehc]`_UX[`aehjmhddklnjjgZV\dic]`\QRTSLSPONQLECKUURNJIIPSUOFGJNRTLJHLNT]cf`VHMOQKFJDAAB@FOQPQNOJHFOQPJIMQKPSSRMKQWVYMGGMKMRPIJO\ZTNMJGPWWRNRSNKNSQAGPONOJDGKRWWQJBJRVZWPPPMNPNPVPNVWOTOGBNRUTSI7GKGIPVVRRONCMTTVQGEOROB87PWSEFHKIMTTMOTXWPR[VSNGNSF:DOYVQI@9CKLEJVUH=EIQIAIPONQPKIPOMSUX`bXNIHKPSQPPDB>@MVRLMHF@FOSVZYSMLKQXVV[OJTWPRQbbWV_p|„ŠŽˆ{jmqpmoh_hmqt|{uktvnaUTZ]VNLKOUXYQJV\ZVSWSUemnh]WQI?QW[\\]ZXUK:51COKHHJPLRROMKMOSOPVMINJMOILNXZTSUKGMYTPOQQECEIJC=LUQJJLMOOJHPRZeg_TFEORQSWSMHGFKRUQPMQYYTX``YURVV]aa_`YNKY`cc`_ZO^rx}zyq`Wgfimtnmovxu{~py~ynfdee`USVTTUZ_SF]dY?L[]_affa`_YNJTVVY[TLUZPJNTPJHS[TJOZ[YUQOMOSVWVNJMQV[ZW\_VNTY_^WSJLZZQTPIGENXYXSLTPK[__]\UY_YV[[VVSMHRRSQUYVTQX[YSSXXRHAEGQJQ]eb\UJFJOMR\gaUQWULGIDHOSKMRWVX]_TKV`b[S_b^TZVRUTbkmd]VOA>SZXSKFLZWZYTX`\SMTcj`Yffb`bWR^b[YRPONNWXKVXMPOUSP[a]XXW^dhc^SLBP_\[[][Y\PHNRZ^YSTOJDCROX]\\[UHWcm…”ta`imaVY^Z[cbkvupf\UVTU^de^XUYX^Y[^`ZZZccZRDIJQTXZYXZV\^SOTP[__c`ZWUSQQRS]`XQPZfaYPVYUZ\[cbTNYa_]]XP[ea^ggg_VMO\c_SRZ_\[X[^^UWW_aaYU^hjf^LOZZVUXYRUdf`\Zde`VVU\fjc_XPRORW^ZR\\Z^a[XWX`cbWUZbb]``db_`knjc^[bjqieeaUQU\_c`UR\die]_ac`\_cgmonlgebfr|ƒ|pimpxzuf`emrqkjkpsk`Z\fhb[W[_adhffdWO\]X_grrqne][\fdib[_echf_`goodTWW\X]abbZWX]bb[Q]cgd`bbcd_V]_a`ca^STZZZUWadfknleYUON\fjlhcaaZU^\T_kmb`mplie_XGQ[[`fggWTUTRPTQOLJJLV\\]]a`YRTYULKLPOME?NTPX\jwzubWTONGOWQGLPPPKHSUTTRPKQSOLOPPSXZ\WOHLIKMKIFAHJKR[^YVNDHKHLMJGKJKKIMMLOSOPQPF@@AFN]]O@GQXRSMGHIMK6?EIIKQRQNG:EFPUURMNLGGMTUVONNNOSLAESUKA>EK?8AILKNPPLHFKLIGMOKONPPINNPQIMMINRQQUYUGILKNNLDKDHU[WNMTQNMFBBGV^d_YTRPIGKUWSSTPNY_[TV[cdS9RT[ZVSUWYX]`^RUUagihkggq{{vsvyvia\nhw|zmnwqv}ywz|xrddjib\TTRVW]`SFZ_WJL^dd][cca^^aabZXZXNDJQWVWPVYTSQICKS\WSLMQPUXZ[RPLKPUWZ^^XRMT_bXRPXZ`[XWROMSYWROMNQVcedb_WRPOTYYSNOMOQWQP\ba]RRY]W]c^SNWWY^_X]fhbYJHU[RLU\YVQWYRIDELSTLJSSYULPLPXdga^eh`Y]ba^XW_`]aaYJN\ZWRJ@JV^]UKPX]ZOGV`[RZWR]d__eb\VQPOV[aaOOQMXZ[VV\][YVSUY[WZXKMVWWZORYa_U\c_XWZSTVYSMWZ^cb[NXb`jmxŠ‘fcprha[UX_cfiqngijd][]``]RLSSV_bbd`ZQKZb^UNOPMRY]X[WWccUU\[bd\W^[WXZSLOY_[VLFSZYSHL[VXXS]_XY]ed^YU[ad_agic][SK[][TOXW[_a[Zbc\`ehaVR\_^[RHMPT\bddZW[cc^Z[\bdc^PTZX^b\VXTZ]VOQV[cd^SPSSRKNP[fea\\bha`^cfc]X_kog`_\V[fi^^VR\`dd_^dild^bgggehcddegrx|~uophhousonmpojfbaedWQQMUaaYUWZchmmqp]aif_`eehibaVW_XY[VONVW_Yabbcgj\V]_ecadddXTYWfi\Vaikec\Z[b]Xa_]cec\VU\Z\[\_``gi`\]``^^jmhffgf^cie][`^Z`mrlhaZUYXYZYZX`RJJPDHMSWTNJNW[Z^_b^XLS\WKF9DUXXQY[UOJMRVUSTYVTTRTXaa`^HLSSVSMQW[_djl`U[ZZ^]cjpu|vjeotwrf>bkxyv|yy€xq{~…ybQW_^ULQLLKOXWX]^^ROYge[PMUXY_jkh^RPSFORRUZWPOSNJ?KTWPORNI=ILMZd`WTUQOQNST[`^TSTUUUY\`a]UY\[Z\XOPRUMQ^ec`cgd^UOWVNENRKOQTVVVZedXW[_bcgd[X^\]^YT[aZ]VLZda[IKORSVZ][QQYZ\XNDMT\[USW_VWaY\bd]X]_`YUSSOFX_WPW\YRRPLFPYZUKHT_^XIKSSTLCJZ`ZWZRMTVVW^ae_TUKOTbbZQEJPHGTSYZVVRTRRQTUNMXb`QRc`XT^badbUOV`de]VXcnsmqu‘ƒrnsokigbc]cfilmecimh`YX`e_VYUV\^aa^[RFQYZQNTZSKVZZWY[^YR]_\`bZRVPJVVTOU\UJLOTVSORHQWOSSN\\SVTSVUSV^^]]]_ZVOSVRSPTZZXYY\YTUYbc^bc_XPTU]YXW_b^ckjd[X^__\YZW[`_^\UYZ`d`YYJJRRRXaddc`]TTSYWVY^e``__ae]T\\^[RNXiplebYR^kiXKNZforjd[UfjfTX_bcdedffb^^hrvxzxseYWYZaglkfa`][XY_b\VW\cfbZ`ha\inpmmold`[UK[Z_ccbahf_SQYa`^cccXY_`a^dfe`bb`b_^`df\T`imkie\bfd^a\ahiih[]`abfe]NNTYY]ekkkjjg_`befcdiiebd^\`gjornea]`beaa_\STWT>=Q\^[ZWSY]ZRX^^VLOXVRQK@MSWVQORQPJTbpncTTPKGFKOSXUSVPMHGMRRHS\WSTSUVVSNOPJLSTQLOYTIMJDMONOJKONNQTVTLFMTRLHMSWWTHQUQLPQSRTTGMVXOTURNIEKVZSQIGHLSOLQTJBFIIOVYVRPOOX^[RPSKEBIQPDGIC>?A@HUTLHFJEGJMMFFKDGOPMKMSZYI<@CKNPVVUNIMRRUULKVSKPTRMNVSU^]WIEITSQRWVQNPRQUPQQPNGGMPUZTVZ[[XD4;GSXW_eij^PSVW[bknpnmronqnqqfQfrs|ƒˆ……„~qlt„‡€hXPZYPKGHKJHPQEOSRSQUZa\SOS[[__beZQNOXYZOKFFKTWTZ\``^\VNMNLPROZd`THLNRXUPWbjg\OPODEQX_``Y\_U]a[VSX][UX[VOV`bdb\[WLNRTKIRZ^_abcb_\WXYXa^\WTPQTIJTZZY[UVYXVXWUTRU\_[YY``[UQQRU[Y\SZZMLUUQZ__^[[[XY`a^NUWRP^eh\T\[YUYZPHIRTXZYX[[[[[^\][WFBU][SNIXYVRKORRZhcXOTXPFOLQVTKLZ\[QPNQKO_c]Q[]RRYdffgZNS[`\UXdhaoyun{ŠŽ†opqphlmdd_fhcdjicbcb]SR_b`^^ccbZ[[PRQTUTPRSQRSURRSWRSRMR[ZTVZZ]`[VT\]YYVHKN[a]WRDDNLVa_`b\U]bYZ]^`]ZQ[`VQRTOZ__ZZ`_``__]YTSX\`_^`\WU^d`VZaegbVWXRV][WVXVVTQRW\VY]`]_\YXTOMQVbhe[]`aab^ZW\cd]XY[ab`Y``\UMGT`a]X]YU]deZQUW[dgfhaTZb_[Y[^^acfa_`YLKes~„{gb`aWV]gig`YXOEDO^`\`WWaiebelbRQ]cefkiia^TU^TNS^abdc``^^bf\bhd^ccgg`]c_]abbceilhdd[^b_accccie_YWaklniaefcdigcVRQX`eecggedbc`UX][\\badhi^[^dmpk^\bahlke_VVX][\TTYZUUUZahfROZ\VRQTOQVUPRQTRLJUWRHF\lskbWPOFIPOUZUMWWTPKRYZQY\USUYUXXSVUVPNSNLFMRKKOLLPQQTLKOIBNUVO@ADILKKQOLYXTVVPI@>ACKQRTXVUVXUNGCDIUQMNLQORNIONIHGKMMMONNQTLHUVMLDFNOLPLBDIMMGIINW[UKKJDEKNQOHKEMOLKKLLQOIB;R[YYZZZ\^ZVX`jkkig_RKP[`ZPJG>IRSSTW\[OZZPOYYPLNQYSOPRRTSQSWdifZNEG;8JPUVZ^baWOYYXTRSVZUOVVVZ^he^`\[TVTQFPY]bfhcVU[YQRUVQNMIPUSPQLDP]\UOUTY_`XVUZa]^_`^YVSVYYVVTRVRPJSSORRZY[XQJHU]d_PUWUPTdg[PWUTUXX\QFHIRTRQNQVUUPXWSPKLNQOPUU][PKGQTIIU_YTV]TBIMGCOOY\XVTTSUOLZcXVWNDEUafe_ZTQSVVMO[_bptusyˆ‹~mkppleX\^fgXW`iib]Z\X\_^[aa^`_XSUSHOVXVVVYZ\`_YVUV[YTTYY[[]^^a`]^]W]_\_UU]\`__WDHTYad`be^V[_YTYV[WQMRTQRWXVTWY_`gkja_]bb]WROVZ]^^\]de^X]_adbWKMPTSNTWWTWTQ\_[PVcibWHT_\NTUOU[]TYaa^\ZXW\_]VXPTa_^Y^XVRU[WW[\\U]ffaTIXba_YV_cbad^WY_dfhjigddeb\ZYt‰ŒuiihaYamqnhd^SJ?S_dc_[QY_b__^`TSY[\_b`_eaY[cd__[gghZb_ekjjc_b_`ha_cba^`cefidgkid``\YUS\dcbea\W\fooqkgaiod_fijhb\[b_]adc[fjg^UVQ\]XXUVb`\ZJJ]b_``dfekjeac[]dZ^YSZ[UPNYhmfQAUZVKMMPNLX[SOKMLMRRKGDZlmlaYMIJNNLT[WYZWQQQOQTUTXSTY]VRWXRSUUPNSPLKRQVTKNSIEONENMOUVTPHRRMFFQWZTQNIPVUMCHLHNW^XNT][XUUQOIOQNQUWRZVJHLNOONMOUOMJBIOG=MPF88ETVSUUJ?FMONPIOQQVPICGKJKSTQQOKJAHMMECGHDAEPVVOKGKFMTTRVSEGQZ[ZVPFACLRYSKDMW[ZXTSKEOVTMD;@RZSIPVXPKTTUSZVOJT[RJTY]WQS\dgdgfhqx‡†q`X[^epqpx|znry}…~s\mu~ˆ†|id`[RG=?IRTQKU[TQV^_`ebWSZ^eche\K;FMTVTUNNIGEKCBUZTYXLSabWLJGHNUZ]YWTMTY\c\RKLQJMQZYZUHGUZWOSOGNUQWb\[ce^X]XTRTUV]^VU[]\VQYYWWVOPZXZUNOXUQXZSMLLR\[K5Q\_]ZUST\^_bda]YSP[ejmi`\^YWYZWHDRWPIOQNPVXPKPQWcinieZUWTVVR[_]XNNYYR>DMXKJMSTTKPQQNNOQFKV[bibWHNSW]YRV[XTbfqsmq}~wibec_QVagee^[dghg^]`_ZYYV\]ZYWSRW[QO\XVQT[]]_ZWUUSQTTUSW`gbZ``\__]XW[\XJKY[VSXZQNPR\`cb_SNNY_XSKQRTQPQUUY[[UIS_\XdaXO_e[WXTTX^deaYUW\]a]VYYXXWQRYTEP[ZUNOV`^ZXRZdb\PYaYMNIHMQWWYb^WRWW\bYR\\ZY]]SVWZUQT_ZW^b`\isqi`\aeeebZ[^\a_ca__ailqqlhjgbff`k„‘nbWcgfmuvshYXRS`fea``[VRLPU[]]glga]_XX``VXaed^ZfjcZW[[_fd]_]Z\ZW\[[eedd_efa```VY[[WQQW]cda][_fkmnggc`hkkahlkaY^c`__dcc__]YPONP]a\\VYX\eg\VWW]]][XZajgghc]hWRPJSVSRTR`gfYWX[XQKBHKJT[YPLELSNIIGHKZ]^^UKLNPIGIMQTWTOPSOGJW\]XTX^\WRMPUWSRKMOFJLTWUMKO;FNKMSRPJTSRSRLM^ca_ced`\QQVSRUXSKHJNMJLKMS\]ZYUQTTWXLFLNNKLLLOUUUY^^ZTUZVUMIMTOITTSNOQOQUYWYTJJMNIJKKOLRPMKROSURONZ`YOLSRLSUREEQUOEKRZ\[ccVFMMRZZTWYOHGHMPPNELTTWUIBEKLSZ_WKFFFGJFMSLGVVIHKPGGMQMNFM[\SNTVSC9BGIKKMPQTPHBBPSVYPS[ZNEIMKKQQPZXSOOQRY^\UWZQPRUQNRUTTSWVQEBE@KWZTNILPVWTOKOXVRU[_`_]XLNQVTY^\iy†…~qdNVdkju~†xhxytjflwŠ•Ž€h^VHNTQOEFGPV[\ZRMT[ZZ]]ZVXMPONKLUZZQMNOFDKQRV`a_\XNGIGKMRQJCJPWSOMQUZXUUWTRRQSLLJTUMRZXTWbd`UIWVQORRSRST`a[[PNRZ``YX[]YRTTZYRLAQVVUY^\SOUTaoog]XUUTYX[Y^[TTSTYSOSWPNQMLKMJOTTVYXYWXSMU^ZPSSZYVUXWSTS]_Y]^]V^`[^faST`gcWMMSTTXYMOTZ[OFR_^XWQ\ilje\NMXY]`]^^WUX]a[U[a^VQJSYQNTXTQMRV]a\PR[TMSXTWVSQVYa`f|‚ƒwnfeedfc`]Z]\`baafkkg_^b]\W_`f_VRWTSU[XY^XVUY^XWYXYab\^`[VW\beb`]YS[`]]`dhd^^YZbd[RRRQOV\\Y]_[TQagjjje`ZRJPN[_^YPT[]XVTQLLKOXUUSU^chih\YWYSQYba[\_^dg`aeZRWXYXY]^]Y\\]`^[ZUGMZ`eaNQYXLN[ac`^[Z__dXIVYUTSXcikea^_edihloqk]``^[VZaiilijc`ZUHPY]d`\]dlln‹Š~i]fgff_]hk[OXdkigdehcZTV]`dlmja^SRYdkkbded_YX__ZY`WUZfkfcecb_`^\ZQQ]c\VVV_aa[^\[begdbab^]YWYQQW`jgdc`bca\XY[XY`cdhhdbdYPXeid[XY]_`b\Zagdppe\[^`_a^]imkhblqgYKXbe[RG@KX^YZ_gjhf^Z_YKV\UPMLINKNRX]^ZTKPSOPPOHHD;ESb`UIQQRSTZYQPRQNLHHQTMJPRKFRSQQYYZUIEMQLLIJKNRIHGMUZ^\OHLWWTQHDGPQQONGJD=CP^_[WSRQRKIQZ^^^XSQLIKNLAGT\c_XLNOKIMWUKFIHE?BCHNJJNOKHLHHMOGHFCPUMLRPHADGQURROIBJIMJHJKKMIT^^YRNMIDIDKV\VMKMGJRZ]WSNKNGIFEQ[^]XLD:CEIOZ_[MHHIPSQH;IINT]ZT[ac_UIY]^\XX[o~†„}jYUbcblƒ~bopkf\Xr}‡ykfaQRTOGA:>HNKQVTU^accdaZ_gg^USUTZY_[PNSPRVXUTZ[UPMLFHLVYYTQNHOSSOEHSVSSUTPQVVSOOUZ[RQZWWTXVROKVXTVXTRRRVXXSUO@AO\`]R[a_UJIU[]TC=KTT[_[RSYX[imc]URRW_hfaZXOKUYYXSQBAKSMMWSMLNHPUWRUV[ZZZYXUNW^\ZYYWQHHQX\`YU_baYY]WNSZ^[]\SLJTZSUOU\YTWZ^[_YYa[ac]TTYNKKN]fed`_aZPY_^c^`]`YOTXVYZYXXXZNBGIMVQPPUPNS^ee\p€zveeddd]XYYXRU[a^[VYVX\_[ZRYadnqfVY^\\WUXXWX^`]^_YXW]Z\`aUQMXddZRKFLU`bea]`a_^^TW]UQQHQ[a`YQS]YPQZaa``^XLGIKPW\XXXWVSNUXVWNMSUJOSW\acfcUUVXTQY\[Z_`]^d`ddd\TMQ[`hhg^_XW`]`^XJITXX^WX[VSXbigc[VRWY[USVVW[^dklig`_chheebjpnic[PJLO_cc`clkfh_[aa\[XY\elposz€wjhnokbdgdSYekhc_YWYXXeibbiiebdkkhbike^cedg`bZY[_^_]_dhkd_bdgd]TRXZ[_bd]_ba_\SOR\ed]YXZZWSY[UV`ild]ebabebfa\[^bdfhmomf^Z_hkgffcaecig\YbmqpfYT_[RTUTbjhcZald[^^jf^PGKXdgd\\_a__[[b_Z]fb\^_b`W]^\`^PRHQSSVVQNJMKMaosfRMHGHNYXTSTXVOKNU[WQOQLEHMNURQRSTUZWONRQRTSRRQQTS^[UPSWWUQMLPTR[b_SGEJMU\\TTWSPOHKTXVW[WVSIJQWRC?MUW[YMOPNHAEOHCRZU>?DCPNGJMPEEABIEHOQGJNOTWI=DLPPTOJIA@CFKSQSOJFHSZZPJQURIHI?TUPKHHLL?=JEKUXPA@@AGJHKNQMKEHQVPMOWWRIALMOQXSFNQJNLFILAGFBIOTSPJR]c]N@GRYZQMOUTOVZ]_bowukZTVXZWTMPOOWfeXLMLNKOQYQRQQOJTYVZYPYZZVZZ`a\UUURSSVVRXW\TSPJQYWXXUW\[WRI@ITWPIKQOPTRLFPYWSKPSOEKP]beh^WTSRPVSUTKFLQSTQNLF;FVUKPUSNELLGEGOMRSSPLRMCEHLPRNKJRYXHGF?IIEQULFMQD79<@IE=9?LSQNLPTRKWWWZUSRRLNMOAHLISXLMSJJF=HNMTW[caZRNPUTOSW\Y\\VULBI\][YYVIHFCECR[\WOR]ZPRHS^[aec[Z`jhg^X_f`ZZURONJV_a_`__]UNRSYSVSORSNTVWQQTUbhhg]TX[WW[]XXWYVX[VUSdjhbahkgbZafdkkcWVYQNWaa[W`fca\aa_c`Y\be]_qtoeY`joh`Y^lwz}ujnnfYX^SS]_YZ`ifYRYV]e__[^VT]`^[]`a\`d[\bededbTR[jie``R[\d_Y^cegicXUY[V^glgb[X]^ZWX\Y[[cf`fifb_ZUY]cd`]cda\enlbWOLW[\ekjd^\`bdcbaY```a\Zckjd\abb^Ydid^ddaYJK\KJOQTWXWTRRVVUVRTYZSMSTW`lvyvra\UUSNROMQPTZRMOPTSPX\WUWNMHSZWVQRU]UUSTY\XTXVPLSWWWWOJHRYZ]ZVVWTKIMROA>EQVOLKQSOOHJIKJLGHNPIDNTYXRNUUMKJGOWXSO?@BIRVPNMDGQRQMSMA8@NSMCFOOQW\YNMLKOF>MRLHOWXIOUTIGFKMECDCCKORXEIORRPJPLGKQUWSLGLQZXXSGIQXURMRQPNHXb`QKOJAORPPTKBLURPRSVSECKKIGIHHPTYQPMGA=HKIJI>9GVXPLOA;ET\WVVXVMUVWULKFCNSUMJQVRRNRZVFKPSPXVZZY^^_ab```]]`fc[Yfhmsz†Œ‰}mibc\NORRWd‡˜–d>PYXSRVWRNHFIJKNPMILRTX__XTYVQVXVSNORQUUWSLIOTNHFMQLNLKSQQTIHRVTLNNNNQUOLIMNRTUWWNRYUTUWVURQQMMQTTSU[Y\NOPSQNNQSYWPUVVMEU]hieb`_XOMNTXYPPRPKU``]VSKJHQOGICFJKTNHV\WX\VUPPPNQP[]XSRXY_^WV]bce]V\b`VWMNOEJYYVY]Y\Z\ee]ab`a^Y[ZZ[^]]YSSXZXURSIWc`UMQSV`a^[\^__`a^ed^Za^NFPMRUXY\[X\\RNBSWUVVSONW_dhdZQIMPVbu€‰Š‚rj^XWTQQWY`a\\`_[UJGR[WJFWer…†~ogf\[^ddYPNPTJU\YQT\[Z\UUNHQZ_^a^[TRVZXNSXQCAHSZ[Y\ikg`WSYdebVUX]_]UY_dVJWaihdeda^\_dg`\Z\^[_ce__ad[TOTSW]ZZWcgea^^cbccd_WVX]ab`ada^[XVUSXUTUZWU[_ZRU\YRQYYQVYS^gcNJ]\Q[c``gd_^[YPO]kuunbZZPPVQFP\]`bjk^YYYdov{xquƒ‰ƒp^X``cebYUUKNR`d]VZ[WVVRS[^YWZ\dimpuumb]Z]^cefgga\`bc^YUT\dXS[lnd\_^a`^^ddjmhcig[Y[]ZV\`[U[W[^_ZX[[\ZXZ_feeeif]WRY`eicbb[Xcfd_Z^gigdefgi`X`dejebheca__\ZU\]YUW^_^TTPS]dc]ZZXNOTWTQOOSY[WW`aXX\][_ikjngbb^[VTSKVVPJIMTRVUMEACGCNMMPVZZYXOJHJLVVVUVVW^b]RL;>KSOUYXX[ZYXXVXWXLKMQPNUSPKUXXWQRPTXMHPXa`UDIOVUOSNKINQTQLIIMVZUTQLKMNKOY[YRQ`fe`XYVKAB?GX]URX]TTUZVMJLMVXOCISOMKHPIIIIIB52:DQ[XWVWOA?ELVTL;CHMOJJRUSVVYUOX[[TQTPFESOCHEDFHQMKOIIQPQSQB9HSXYVX\b]ace`ecini\LXamgg|ŒŒ…sg^[XVVUSo’ebed`b`]RJGJFIKEDNRRS[[WVSP\a\UXY\^SWZYOHNNEHUQNNOUWSIIHRUWRJISY`^XQQROTVH@CJMKR]`YNRPKUXZ\VSSLJOQOTWSRWYMNLJFCJSZTCLRWSVUTZcebc`[VQOPUUKKLJHMT\XW^YMKJJRXWNBIRTWXVQOMGOPONILT[]USXTUXa\\bbb`\NR\^da`\VWWWQLNSTUUUXY[^[XWVVYXWUSLRTRSQ^`WXTQWabVPSXWVb[U]__]XUYacWPVRGCB?HOX]ZOS\UGPWVSNXW[ZTQQUcdZI?OWW[gyŠŒ‚€u_Z^QLSSPZ[RRSQLLEISVUPMT\xŒ—“ƒfW\XY\_VQY`_XUWMIMSUTVXUMDS\``a^]XUVYVX`b[SPFNZ[\]aje_^ZY^^VGNZ^]VW\^YPFV^caecdWTYa`^XO[a^\__^bc`ZXX]YTPTbaWWY\\\afeba[VZ^]NSUYZ`a_^[`aZVOKUWMN_geZV\[V[eb[WY`gmjaS[UD[_QTc^QRVZ]`baceaVYXVQSYXUNWjtysmc]gmnoqvxyt€~eaddYTVT[ZNSWbgYVWMOYWPTcg^[[_ekifjid\\^][Y^V[cffhfeYRRKKPRS\df_V[^[XW_hnnncbdcWV\a_]]```c_Z\ca\[bc[UWZZPUggcRLOOV[\Z]bacce`Z[acccafhd\NPT_emhhldXZ[ZZ[VY_ZXadcYVWSY^gg__^[[]]\XUPMS\[XWZZYY^XQTUVejc]]ba_SKCPSRGKKRTURE>LVX_]YMKVXUTNHHSRTNPPMIQWUWXVOG9OZVWWYZURVYZWRSOORULFLUQHOWXOKMPNRVSLHKW\WRTY^^XRTPQ\^[TNNLCHMLGKKKPQHMOJINSY`a]UWRPPOJW\YWY]^]NSWWOPQOPPJHDUTPJRUGBIJH@@FGNTZZUSUSNMFIQRKPXXVSJSX^]\\XSNPVUVPNNRV`\RIJNTSSUSQVZZWQMKJFNXcg^VX]_ed]WTbikeZ]\_fj_xˆŒuXERWSSXXRxztfga_\X\\ULUWPEJJFFPRQXYOQSFYaa`YPRWWZ_[RHQSPRTNMQUYZXUUNMNVTNSX^]WSPPNPSNIIHBDDQ]`RIIKHGLPWRNTHKVUMKPJOV[YSJFPQT[\WSGMSVYSRY\[T\\]]QHSTKEFLQIBJSTRVTTWXWYTPKGQWWWSKGONGHNKOOQX[XWXYWQSV\bkg`[\ca[]]]]\WQVN?DMVSMHFOSTNILQSVWP@HEEMTRHENTOU[]aaZOOJSXZbbQUY`_UBJYb_JLSVUEENZbeS?OWSSXYYX^abcZMKNMI[[MIXZUSXcrxy‰…jW_WJLQMLUOEIINF@?JPLDITO\‚”‰zeZ^]WXYZ\V[YXSRXYYY\WWVTTTLTQNU[_b`^][]]YVX[]fccd^^[YXVX`[WPW\[X^^YZ^^ZXWZ]aie]Z^_XPSZ^_^^ZTTW^ZSSX[\VQWdng`WTWY[b]YXXQ]df[STPU[[]bfji_RNQYVOZbfbYJJ\]cmkhe^bfdlolc]LS]ZZfgXCFWaeaXX_YT[\UOR[aTLYceeije`bmmijwuqq~Ž„tnpg_TT]gic^Z^\UX]`\]ZWX_dZ[begdjstqZPXYVMPWY[``ahmfZZVF@HTb_ec^VY_ZXPUcgjd]^b\W]gjg^WZdkj_UW\_^Xab\ZWRTU]`^SNPPQNQV]abge`\XYY[Z`baeijaTSUYaigikbSV]bfd``_ZX_cb[OUXZ^dd\SUR]a_VPLNOV[^WONTTW[WTVQW_a\VW\[RGNMJJGNVXYWVUKJPZ\``XOOTWZ^PLMXZZ^ZQRRTRNFOUTUQU[TRYY\``b_[VUXKEMM@DPTQGPY[VMKSRQUOPUSTURT\]^[SOUSOW]WLJOOQUPIFFIMKIFDIGHQY\_XTRQT\]X\_^[XXRR[WT[SJOWTPOJMTY[YVVRGCLHC>KPSX]YRIHJOUTOJNNCPUWYYPMVTUOQZXTGKTVUTSSY_^YPMQVUQRRORWURORUUXVYY]WRZ^`cgdb_[\[[bb]abhlt…ŽŽ€dPPTWSUVTJxwv`]fg`[[WYZ`_YUUUJRUMHRPRTOV`c]`a]YTVSYXVW\XQQSRRVWILPQQIGGNRTTYZYTWXONSQOIPOF?EQ^_UQZPJIIRYZ[[URXWKINKOWTPIMY[VQV\VPMLJMPPPTW]^_^YWZ[[UHJSVQCFUOIEFMOMUZ[\SMIUUUSBLVPUTTS^^]_b]USUSQVVPPX_]YW^gjfba]RUTNPSUUYZXOKPT`_ZTKHKPVQKJGPZYYXUOMHUWVWYNPPHFU_hj_OW]dYGO_jh\GO[b`VKVaaTJVVZX\\SXbghhbUQUYY]fb[VRWXMYYd}Žym_^STUTLMMMYYVTCEY^XNDDJS[t‰†~l`WVWVTVWX[[ZSV_beb\TUWXZNDRKJTWZ\]d_XWVVY`ba][b_YWUSFFPWVUUSUY\[Z_dfa\Z^`cdd]\_`VT]^\UU^`bcc_YVUZ[XPMK_egXJU^^][WPOUU\bgh^SLS\XY^eii]UPQ\YZcge`XIP^bahhjga[XXagnl^TU^_Xa_PMIKV^\PPPVad_YOU[a]]]][confolmrnrvtozƒ‰„vhcggf\SYgi`YLMU]gefgadhddh_^ccc[jw~wcLU^XSP]][`_ced^VX_\T\bWk`]b^ZZaeb\^cfcLMce[^eie`[]^dicUNY_d_]\Z^YW^cZXXXVUXX[[Z]c_[ZY\bb^ZX`fijljfc`VYhjfgdZV\dddac_\X]ehjda@PY`bb\PFJQ\]]WUYTSSSQPPR[ZYZ]_XVSPMQU[\Q>LTNIFNQMOQQTRSQPRX_]TRSRSXQDFNUV^^URTUMNR[YRS]^[XNKVbfijj`Z[ZQ@GFDIOQUTY]VQKSV\^^WRTTQPUVYXTOHUXQNTUUWSLEEOOHIEDNSLDIUWVZ]b`^KQYWRW\ZYRQPWTMUTMJFFICFLSRRXVSQKJKGBFC:9AGLW^b]RKBDT[VPQPIF5GXXNDMOJGGSWYUILNQMGFPVVMLKJJHJMRMQTQOUWYYVUUWQTW[ZYaca]da_Yced]^Y]km|„ƒ|o_Wcjj^QNPK‰yqdW]d\\__ZZ]XV[XVQX[QGRRTUQ_b`caaa]UJKORVXXROLPKQQLKWVRGMRTSXWPITSKMSQR^_XXXVVVOSUUKT\XTOINW^bbXSWYY_^UMX]WKR]_TVVXUPQPIGSX[WX]f]OKPYih[F>RXPMQYVG@7GXRNNS\]TPLQNMLVYRLWSQ^eff__YYXQIMUSNQPTXYTY]]]ij[PSX[_XRPSRIIOVY\]QGPUS[[WOFYb\\WJKW[VZRRQGHL>JSOXe`XW]^]LTZig_UOR^a]LHWUVUPLLJR_YWU^de]YTQVW\df\SGS[[Z\as€‚zogc]YYZPJRQYYSUUMUYVRLKROLNk}‹‰u]XWVQV]]]Z\XX`fb]dji]YYSNUTSRMMTY\YX[X`eb`VKD_aYTQUPRTYYWTVX^_\^e_`Z[VWZ]ab[XWWWTWZ\]^abbee`[[]^ZUE?ERUSQQXZVW[ZXPOW`^\fe]UMT[_\^aaZNJRWZagjf^[ZYXYad^_]XZST]`aeYTZ_[QVZXcdZWW]_^[_ilhfeba_\Y\W_gk^bxwvvu~…~ghzzyz|wrvqf]\edgf]OMfpogb[bgdfmlbZ^``btupeS]eba^[\[aeec^TS[gkd\b]bfmn_Y]_\][^bb[Y]ghdcc]]eeabefYOUelnkdYZWV\`]X\^Z\ee^]UZ\VPQV\__^``fnngb\^bf`_fecc\PRPZZ\_]XUQ\hid\YTYIQ[[XTJ>?DO`cWNUSPRWRQSWXZXURSRSVTQNMJMQGDKIFIQSRVTQNRVMCGTdf\QKIXb^UMOOSVZQKGB8BKSXYUPQVVW[YUVTTTYWOU``XW]_[UXWS[[]ajmory†zpdiutcMLTNHwj^\[STaWLVa^WNPPIGPN?CQY[ZZSIW\[\\SJQSW[]XZSUVTPOJJTRGFPWVPXYRLLLC@OSW]a\XY[UOSWUKMY^ZXZVHKSY[VZXYUY\QOV\ZURXU[ZVJGLSRWMRPQY^_^ZNT\cgg]MQVWXXZVUSNIU\YNP\a^USPPJMW\VFOVMO^]`]^\`_a[RIQVPHKXaaYWZRR_dXU^`a]TIJQPPSZWX]`_YOUXXZXVSS[YWPCSfhdbXWYZWRPOOEP\ZXWY^\YTZ`cd_WRWZZPGNX^_XUVXVQTLRTZ]`VKRZ\U^cZLRY\]bfddmz|tsbT_\SLSI@GHQXYUUTSOLQYUKOczˆ†{b[]VY]did^UW[_[TUepk\OYXOSWXVSU\^Z]YZT]eeb^WV[[TRW\ZYZUVQ]^[]cced^RTWZX]ab`WWTX]]WSV_`cdd^XLT_`Z^\RKFSXTQLFJSY[^aYSZa`XTZ[WT]afb[UX`]XZ\Zcfgec`SKT[]XUZ]]`UZcc^\_^`]_[Yaghee^[UZ\`de`dhfd_YV_[aigbT]eojhp{€}m`mvŠ†{w{vm][aikg`YXalhed`db`\cfe]]hhfdgb]]hfbdiga^bhf`[a_`fkjd_[_gdmmife][df`\^[QYbd`_ZKOcg_`]XWOQZfkj`X`ddbab\`ZU^a^Z[\\ZUVZ[YXacaX\ecc_^YV^ba\Zb`aaZY_`\\\ZUW`ikbRKMSRY\aYN?HNJPTW\[TOSVPLNVegcYVUU]ZSGHOSYTSRRJ@;IURLHNSOHJNUXdpwpZPPPRUY[`_XXYPRRSPRUR^cYFNTNMOKKQZUNPNRSMLMGMTVQUVVW][ONOHGLPROPUhqqsysaV[^YMS^[TSOS^_WDAHGBFIKUTNTUNJRVSLONLQTQKKIEJNQVVTNPTOSSSTPQKJNRYXUMDDPQKHV[ZVIQ]_Y[XHDFCKV\VSWXILPQSSRVTXUWWW`^URLMURMRWV\gruxƒ‘˜”ƒegmo_MQVPISb[^X^\]VOVcc\HNVWURNMOUXWSJQ_ab[VZTLHLT\^^VUXXNKPMDINNMPQHFSMFKUUQGJNQTUVYYWQTWVLBQ^^XSXYQMTXRPXYPNTTPPUXYZY\YTRKKJM[`aa\WKY`WUUQ\bbbaWPQWYY]^XVXSLT\QKXabYKQQMQSZXU[`_RPY]^dgbVTVXLGION;FVfeZXZQS]^VS]dc`XRUW[\_\TTY`eaQESbbYSSQTWRGLZb`UST[]VXMLQX\^\TORUUQSXZbgcaXUOUQOJRXZV\YZ`ULORT[\^^[VKOYTXdd]TUSVZ`cagy~ypsn`\]SLVSGNRVUXYSSONOVYVMUWenseT]ik`]hje]WZTSQNP]bdb^TMIN[]_`^][Y[]VUR[_XQZbdfba\`^]YTRR\YSY[`eeYJIPQOR\ZNMPY^eid_[Z[[e^WUWV_^U[^SPPSV]YWNPWVSTZa]^ae]PP]][_e``ZX]dge^Y]]][[b]NQU[^Z[^_b_QUcc`a]Y_de`[^e_X]^WQO[\``YY``ajhec`^iaY\_ZZ]ds€€zqhmy„Š‰{lihh_fd``ZWURJOX_a`bed\P[[YZbeaefa^]a]W]]]a_\\ZYfli]]_^_a^Z__hmmX_Ycirf][URR[ZTRUY_bc\[XWYQMYcif_]bhgfccdda^^cbZU]`bghc`ZXehh\RXdfjcYS`hdZVVZcfd`df^YZ\ZVce]^a]URAX__XLBQU[dpo`UZUOLJKOQOKIPQMKSVTV\VNIUWXSRQMPWTVZTQMROPRXVXORZ[VSTQQQNLJ<>IIPPHMSTIILPPI@KLVZfieZ\TSZZTQOSRX[WLMTRMJN[fifaOPLGOMSXSQTZUWXXOIINPOROT^^VJGJGKRSSURQZdelxsdVVaXCXb]UZWV_caTEKRMGEGUUUWWQHEJCHOSNMLKEHPNFGPORPNNKSYXNNRMJIMUXSQSMPSTTMGORRSXZYUWSMKJFDOSQRUZWTRFIMKOW\[ZUPXZXRY]YTSXZ\ecgoq|–’†kW^dXJ?PIHTWbhgdeZYUSPULOSVUYX[YUOMURPWjondVRVVMNYVPKMUXVLENQPLMJHLIGSVMJNQWNB?OWRMORMQZ^UPLGOZa_TJSRPQPRTWWMOVVVTSSUXUVNKNMPSRW]VUUQUYUDJEHWXPV\`ZSLSPWVIPVRNOUPNWb`[TRJGLPQPLW[WTQHGOX]aVQLPJB?OUPPXcaOPSRR\^VUY[[XMISOQYZXSZ_^e`TGVb]LPVWTZZUX`[QIFXed_[ZPP[c`YJSVVVJKOXacc_\YPUZYXRVVKR[\[UMPOX]^[\^YPHRKNRQRRTMIPWabks}{ngudOWWUTKKXab`[SJJFHTXXULOY[TPUX`jlbZaha\Y]SIKRLM]egeWJISWZZdc_VVTRUXWV]XSS]eedd`]ZVVKQSLKRZUVY]XXWVUSSZXMR[]_`a_cac^TSSOWZ`id\VVQJRYXV\\VSSQLJO\^\Z^VMSagbbdd]WV[[`db^ceZU^`]STQU]Y^[^fe_TWZ\]PJ`ddd[^`_^\QOIW^ba]^]X]cknjc^afaY_eb^^hs~rmbho‰Škcb]_jm\MPY^TIEP\bW[fi`Y][XadVPXdgbZRRYcc^dgd_Ybonf_X[\]b[VU\XbUSZ[diif`efgffbZY_e__[[\UPTX]b`^Z_a]]_^_^bcdfc]\`\beehmh\T`kllga`dec\ZbkmkdSGSb`]aig]X^Y[aa_Xeh[VVZMbc^RHTUVWac^X\^YSHCGGJHJIKSUOQYdgbVNX][ZPJFR]ZUYYTRRLKQTQNMWfia]ZUUWTQLE@B9ALLURROPQKLOMNQLOU[Y_b]U\YODLPPV\SKCIPOSOWhz‚zbRKINMRQMRVVPDIMEAEDILUVX][SEBFDKRVTY`acb_[agd^\aWS_kg`\]Yad^RBHJLEIMYZVSSTSPSSUUSQPRQPOLHKPTTX[]UPY^WHONHFVROHHNOMTVXZU>6GCHMVTSSPRRLOOWTTVTILTTRQNKQX\ZUU[^_ZY]]XNT[egbWYemmƒ‹ŽŠ}bR^_SKMLJUZSQnnle\WN9HIIRTPUYWURLILOZY]dffb^ZVPHGTYUSPRTOMNWVRRPGGQSJOJFPQIMTOEGRQHQZXRTYXYZTPS_`]VQSLCDKTa\UOURRTSSSTROGHJMQLU]^]WZYUTQQKEFHHDI_caZUVZ]SJTSSUWW\_^YPLRPMPRRRNORPONJONLHHOVSUPNMAAOW\[^ZQKPMQUX\[YYWXMLPUOMTRKRP^hh]MZYJGITWV\c]YQPOQXXY^YWUSVY__YFKPR\]UNZ^^Y]XRKMTVSNX[RV^\TKBIHR[]]affUJSXZJHPVWWZY`_\av„€|aL_b^XQKVafc^VOTQKUUVUXQPPKKRW[XTWY\efcXXTJMVUV_ifZVVWUJBJWdc_\ZRV`b_VSXX^^VZWPY[WTW^]RJYUTUYWU]`]ZWXWUSUXYWZQEVWWb_YVPNakohWTTPOXZZWYSRUSRTLMQRT]\XU]]^^_`_[TXVSY^XVce]RXcde\NIMVXRT`b[ZWPORRNZ^ea_SPNVXUQLVaef`]^UQOZ`die^dicchgc[Pmpsmfabpyƒ„{oha_a_XQIO]fcPMPV[RH^_ZU_bfgifXW\feaTNU^acdmg^W]_[WZ^Z_`b`_YW^_[[ZUbjh]adcc`daVU`^OBPX]]XO[ilkedikbYZ\\]^^ficSUegleaeiic\cic^ac`]b`Z^[_`ig^OW_c]Y`]IS`]ZUYV\c]WejdUU`ccZPPRNSOUURU^^VPSZRELMHJX`WQT\`_YVX^^[TGENXZWZYROMOQRUOPUYY^^__SNQTOKIMKG;DHVZXSZ^]WUQMOPHNLOYac]SQJPPLJSPIHEEKTWVVay}ug[JJJQJGUXZVBFPNQQPQQRPPNSTPJMPNMONV]ba`ZMOR\`fgcbb^deb[UUTSUOGE>MQGEIFLRONJMVZUKOPPMROIFHPX[[XXQNUYTPMF>O[[N@NWSRQSTVTGFDGEJMHFSYSMVVRPTWVOBEKLKH9FR^a^WUXY[UN]`UOOWdjdaajhff‚Œ–‘}_b[ZWXPNNSLEdidTROENSU^UMQWTWXTRNPU\WZYSWYWOHFMKV_ba\XOFGQUPY[XZZWOOMELRTVTVPMLMSY]ZNGTZ]YTOZ[YZZVSLHHKZbb][UOGMQPMNMNRKELQSbd`[`b`]Z[VROPNKRNV[XSRNSOKQ_fe\SR\`ZTTRUWXXTQREILGMU[\[UPPXZX[][VHRWY][]`^UOCJRS[ZLEKMVUQTWVSMILIZkk[BHLPVTLPLZ_VORXYX`ZKHGEEHOPRUVUPQNU_[[`[YWOCABGNKNNJQQOJLPUTVXQSOFNX[ZUNAHRXUPOHLQUQIJSUSQLHEHFMMGLOTQJPSLBQTSQMSOIJNRSUOB?LW\ZTPQONQYcf`UP[ehb_knh\\h‡•‡l[\WTQOBJODCJkfMJMB?JZ]UIOQLNYVWPIBNRYUORNMOTOSNLQU\UKGDGLVYXTNMTYW[WQKNSNPVVTVPKIIJMMPXVSSUYWRHFIOQPFHOYYURSTORKKKH=@PHCJMVdeZUUY^\`][ZXVWTLLSWOMLJPNSZY^b\DH^aa``ZMJILMCKHBHLTZ\ZVUZ\addc]][UWcee_X_\WTIBV\ZSJKMS]^WYZ]XPF@AR\[TSTQ\]VSQSW_WUWVSOQZYZSKNRJOLMPPOPDXf_X]NCLMNRIHMRTTQKQZXV]_\W\[MJUUWVSYZ]ZQP[c`]ZRLLUURbv…†€qeb]eZKPSRTWPVUX^`[MNSMJIHGLMKMILPP]chh]QRU`haQNJM[\SQYVU\\RRLUccfc`LK\a_]QNRRTVTU[_^SW]_`TNM\]VUMPWZ[]]`gge_^]XX[]VT\`TQPV\[STTZ^VS_ddcWLSTUYZ\fic\TUK@HTZVZ_`a^YTXW[_\XYa^^]Z_cgc``ekpg`ZXWWZcbZYVTR`a`ccYTT[_aYPY^UWZ^bflhf]]`VhqfT\rzxuh_\ekw{tlehfecWXa`a]_`]YV\imf\]^YV_cgd^cedc[]ffbba`aaa^ZQ\`gggjkcTOGS^hYSZ__`__[bfgf`\QKO[d`\_`hnmqpgiig]Z^[Y[[ainjeei`\Y`ec\WZ]Z\]^geceb_\Xaifb`XZX[`fd]_[_[Zcli`^]bjkhb\\_X[WWSRPSSQNW^a]W[_[Y_^Z^cb\PLBDKSXYRWTMMOMXYYXXWVM@LXZZX\^SYZXRYTPY`ZSTYSMGMPQQZafd`MIREELHDN]bgid\UWJHMPI>ENLEDNMPXejkdaVS^a\OSV^XMKDGIBEMOSRTX]WRGJOQPQKMOMXZW[VU]\WY^`_[JLQLNVV[nvt\PHDHELH==BKTNPL@LKKRUVUOKOKKLQUNF?FKRXWPKHFFQRKOUNKPKIEIU\ZRPVZROSTNINNLIIFA?MRTUSMMUZZTLJSVQUUT]`]WV^ic`dd\`fci‚‰„yocMINYTZYSQZZkb\[Q;HV[UNSUVTSKOH<7FUYXTYXSTVSPGAFMWQLUWOGHNMKIR]ZZVVKBKONNRSSMH?DEOJHFPSRHDOSIEGC>HMOKINXZXSUVNKOXVLABCGNQW^^VGKS[Y_c\[VU\_YU\^XNGMVYZWTY`ZRLWaeb`YPIIKPLPSORMQUQTRWUZchkeUPWWV\gd]Sce\\UMU[]YUUW\^VTPUSTOLNQQTVW[QPWPLUTVY[_YX^Z^b__]SENVUVURYVRHKcjeaZPVWZYTQKGS`]TEN]b_\[VV_aMDIKTWXP_df`[efbYXQGFMWY]l…‚}m_]``XVRIT]^^aZ\]VNMOIEHJIHADKOT[UXakkcZ[Y_db]VSPZ[SEIJQbcWVbfea^]VOHT^]SDPZ]ZSMTZ]_\[X^c_\\ad`XSMW^bfcb`ea_aaa_[TUV\]\[ZTTSPJNZ^YY\cac`\\[WVMV[^[TU[^R@R]``\X[[WY_b_YSY\ce]ORaiigebhookc`aUQU_^WSJNYaedd]ZWRQ`bWMWYXY^^_gojccflhgol\br{}wkOUk{€}wjc`]hh\Y_cdd`a^\XYjk_WXW]ab`]`[U[c]Z\llhcWZ^YWTUQZbecddd_^`aOTdffdcb^[NMR]^`][ZV[^`^_hknkijghjjb`]WNRZ`bV[gebd]WY`hhhc\RXccajc]b`[XR]ba\_`^^afhnniifg_dfca_\W\_bgkg_VSZXRSZZVTHLbjc_afe`hg^W\XOOTNHKTYSQU]VPNOWY]][_^XNMSW[XWZWUZ]_`PGM[dcYZYQPOMHPX[[ZVG@GABHLKPZbehc]^_ZTYZSTXXQKINTPTYZUY_]]ae`[^b]WDBIUTB@KPTSOLVYNJMPQK:>EKJLNSPLRYYUWZ\\`VPRPOQOZpwcPGGJJKPSKGNRSJCPRNNOMDIIFLLTXPMEPTRUYVUVUPEMRHLSPLJPSPLW^[QLPWXYVQJLSQN@@EICFIB:ALUZ[\`VIBHVZXUYa^Y[bhhhjgdhpvw|Š„s]QNV]VQXWLPRXU\\ZRGMZTNS`_`YJFQQH@JSWUTY]UTVSNKLOYVMOZ`\GCIKU_b`\MLLPD:HPQVVSIIPQQQNNOMSQPOVVPPOIPWSIJHJW^YWRPJHSWWRNKKHNSUWQNHMVY[a`XOLMUWTU\a\QEFSYXTLQZXPOTXYZ[XSRHEHFJGLVTD?KVZVMOW^`_[]\THVaZLUc`YWOMMSVTNLKRTTHJGSXUNPUTVRYVODJIJOMIOX^ZTRUYbb^ZVMNPQMDJW^^UU^a]\WTSSPKLLTRZ`_URWQWZ[XXVc`XMMT[\[Xaf^XZ\]_][YRKIPYXWfp|€weW`a^[TSUW_]ROYZWTNGIKIKJEILFXb]ST[^[]ZYX`cd_XSYZSKLPR^b[Yejg[TWXVONW[VMUWVZXUPPZ^\UMVYY^a___YPRU\`cc`W]a__\ae`^bb`]bhcZPUXVNNVWY[\`cdX\^`]Z]]\SRVdhe][]bhcSJMQS^ba[[XVaibXTX`ggf_Xae__mpk]WUZa[YccXUeihb^TM]bcXMPOIQW_ie[ZTbikkoqmdnu{ykacs{€|tnj`Ybg]]]]`_]bb^UXbdVNUZgibZLW`ec`d]ahjibZ^]XORU[^[UUUZY`iqp[V^c[`aeh^Y\PKTXVY`edcd[XR[bfeknjje\`fdZV]cbXYcb]_\RR[\Z^\[VY_dnskee`[[fe`aZY_b^]gifhbZ^ec`]a^Zahf^MX_giDCFXTIN\\VTNT]hg^ZXUYcd]YTMJYcd`WWSQJS^]WRVZTSQXYUTLSPKU^\WOPQRUVTOJS\^TW\[SMGEGVSHWbZP?COLNLScjhfa\\_ZWQQLOUTODDLOQVWTSV[^^YYROX[YULBMYZNBEJPWSDBD>HU]`YRF>FIJPKGKVUMNOPPY_\VTTHDC=_mxxn_TTTMDQVQIIQLCGQSOIGLD?BBISde[MIKORW]]WUTMKORKMQJHCPWUVTXVRNJPRTTMKS[ZPMLNXTJMG41NVVYW_ZIHN]c\XRPMLM_S[bafjelqp~†‹‰sdWY]c]W[[^\\YXU\YRQZZJ[db]]TY\ZWKQX\[[WQOQOJAHOTUSMOW[^Z[UPU[[VNNRQM?@PRWRNPWXWQSUOTXURNNMRVQRNMZZOJURENTTJIKSWHCFLQRUTTORTVQLLMIN\]XVWWY]^W[[UPOOSXRSUOHKPUXRUYa^ZVK@BFNMRZWPIKSVQNJKLTWW^\PLXbb\\a_SRSMORSLRRDIMROGEP_[TNNTWYUUTZ\XRNHKS[_]VUDU^`XU[ZRQMJLS[bc\[\X[`YPOOTZVWWYPLSOWUPRZVVVJN^]WYUY`^^cdZOXUY_cc]THAL^gejy‰}€{j`c_^`VRYXQWWXVRZ[THGLSTXZWRY^XWTUSW^^WWYXT^ba_TWYXWKMUXSW`_WXX\WVWTQXYZVSZ`faXRPIKXYRY^bhh_OOQTY\WXQO\^[]WR\]Xb^[`hqnbY]`ZVSSXbbZZeg\ZZWZbgeXQHTdcb]\[fg^WURWTSSSU\[V`gaUXU[X_f_`^[X]iolg`XaicZ_`^_c]VZ\QJVchdTQURUX`c`b]Y^eccglnmjpy{uiptxwtnmldUY^[\[POYadcZNNYUSVX^ii_U[_dfffff][_[][_^XWZ_c`YUQVWZ[dkf___]_Umfj_WCQ^][ZZ]ca]`a_`ceflpnd][]bfgaac`X[`]Z[``_bYQWacd_[aildfecekmok_SZ`\\Y`e`[\Z[_\W^``Tbjiea\[[bfKDDLDJNG>NTY^_ifbXUZbdaXRRVXdhifcWQRW^]TT[^[NS[ZW\V]_X\bf]MSURKOPNHGNSMKLSRLLJOZ\TT[\ZSS[]XRNbibdhcY[^UOIDE?MVTIMKLSURWZXX\[]]a_UILJLZ]_\TPKGLNKKRSUVXYUMJLOMOPLKOMLPWURCKUTTUTPORSU_dklc`]XPSYWPRVZUJOVRRKMNMG?ELMX[SJOKONLYZTNQSWZUSQNNJMLJOY]]XPRPIHIRYWUPSQQPYYTRUQ9CTZZY[\[XROORT[YQRRUPJTedZ^abgftƒƒsjWYfd]UZhiha[XOMPUX\\_aWTXYXVSOIMW\\YOHHOF>@IQQNKOVQHOTUPHLOKKIPXYPLECIF@BRUSMJTUG@HGHOTOMRXSJU`^QKZWKGNTQKKWVLFJGHKW[ZRGNXYRWXPFHOVY]`ZXTVZTSSRWXWRRWQBLSTNOK]hdYNOPQSQOPRQPNGLRQXTG?JTUZREMWWYVPRRGQGEQSPMSWQSVOQNJCR\ZQU]_[SMSZ\THFDMIW[W[\VY\[Z]aaVQUOIMZb^TQOU_fd[RRVZXSX[YQNVURFFORUUCEPUUZYGQYUXVX[][QSW\WOOPUZ\Zbfv’˜„um[RVNT][PSZXUX[TNOSOSNNTOMW]\UURNV\^YYYTM\nvn]XWZ_WKIJPRXbb[ZZVRKGR\_]ZZca\a_`VP`i_PR\adii^ZW[bea]ZS]]NX^]a]XYVMYciifc_]YYUJV__[[\`^_TGQV]]YZXT^`_XWafa[^ZNWYW[ZZ\^_dg\LUWZTSabbdZRT`e\_ggge_a[TfnkaO[da[TX`YNW[ab`[[Y\\UW_bdc]`cahw|wsuxspmgg_]ZVYage^[djjcYSNLS[ZW`fifdffc`Z`f_Ybdc[XVTVXZXZUQX][RUOV`beea]S[\jaehP@Q\a]TZ[[TS\cbc`Yajnjhh`V`he_]^bc\PP\V[fgcefhmma[XW^`\^dca^cjpi[_c`VURUOSZ[ZWRSW[]]_cbcdea]_cWNB=AIRSYXTQUW[WXPQ^a][YY^\^^afb^XLOPUUMOVSMTYXUY\^ddYYXVQSWRRPLLEEJNJ89KNQOKJQVXMTRX\\_^XT]]fciph^WWSLQWTQMPKMNHHNQNUXSPXZ`gkdQDLT^dc__VOLJKPOPUVRLOQQTOOSW[]XPLCPVWNIIHIHIOOJMPPW`^^imlph[WWRIO_aWODFEORPNRQQNXSMLGHIJUWNU[VXTRPQRRJHPYUQ>KTZ\PBF;3EUX][OHHKLN]^WNURMMYX\UQXZ[ZUZ\\YVOSZ\YV[`fgbced[b„“•‹yl[Ydhf\]bhd]WSLJROOMV\XNJQWZUSMGHZ[[WSIIIE;@JSVPQY\UMOPNKLSWVUVW[YWUOIRUQLLNOJDLSKKTTEGMOQXa`[Y[WWQWZWMCNVMHUZSRTVRPR[XTJMUZVRSOLB@PUVVUQW]]WXYZVTVVONOQUZUVNR]bd]VIPTWNIKJNTTLRTUXSQPNWUOCJIURORTNNMPOSUSNJMRRMQOSZSKS_[QYdh`\QPWXRSVVWSX_\bg_a_Z[_`_TU\\WVWWTRVVYcmog_]^VWTQ\`[[\ZQIKQX][ULHLUZTHCPRIBL\[XKGQYTLHHQQRU`^\~š¥£‘{qfYTVZ[[VCIQYbdX[bdZTNLOOSOV]XSMPZ\[XWWMH[pyqc_`WVPFHQSVZ__TNOQVRFNZUPW]d^QX^^[[cjdVKU[ca_`_dfkkeYMS_\TQ\a`_VSOWYYYZ`a]TUSEQdbZQSQR_]SKLPJT`b^Y^baYQTUUYa\W[UW^d[RW^bhZFSVZZYX]be^Y]`]Y[hjaYWVTV]fbTKZfiaUY`V6K_ba\_`d_]_a[][^Z[\fu€‡‡vstnhgZVQNNWZbjfdgaa[[SVVQSY\X_caedfejlefjfbc_YVWSNU[SVWUMJTWONR]edikga^hkjdce\UWV\bYVPMR[]_aab]_^`fnumd_\^aa^]eZIQ]]ehlhfjlid`__\bgbUT[\c`jncY_b`Y[ZUNS_bedXUW_\VVZY\]^\[XVd?ILMFHPTTMRW_YZ`[PRXWPUYY\XW[`b`VDBMNNLHOIHQW]WURZhqobMOSRVWTVVXRHHND:HTXVXQMIILOUTMOV[RUlqqmhjnkb]VPPW\\WONKIICOYTNTRSRSPUceYMKRZ^^^TVRKAIQMJCGKC=MLR[XQIMTYQKMKU[RRF<@:8DLPLLSNR^]Z_`gjh`WMJLV\[ZLAFLTWRNRSRPVUKNOVULVWQPUYXM:><=H@BRSVUORWUSHDQPJMVRSMSWVVUY^_ZWVSQQLUWXRONSTVaa^OJOT\_[Z\]dmlbcehdy‹Šxlic^aa]VU\^TTRTNK>AIOPRQRUTLIVUUZb_YTWUQJJMOOY]Z[USSUXYXMMTTOVYZZVPROQZ]YQFHUWPGJNSYZRJLHGPY`^XVUYXZWWUTTSMMTWLQ[Z\[YOPOMNP[`XOIGKFMNMDIWa]WRZa][TTYTOHBNSYZTTV\fkc[QSNC6CLPPSRVZ\XQRSORSLNKFMMPYc_WTNUPMOXWWTREEKHSRS^fc[Z\`aZUP[`\Y\^_YZ[_cjeWXUNV^_QV^]\W\]SW^[UYgh_[_ZWZXIHWX]d`SHMV]b]Y\YUNKQMLPWPMKMRWVKS^ZSLLQaba__cz•š—„}f^SPQRSTOKNUa`\^e^VUQCFQSTTVRJMUSY\Z^a[DUlsndefbXOJNTVV[[RTRMR[ZVOHKM\a_YQQ\]_eif\YTR[cYNSYZbaZXGFQTXWQRSOUTTOVXYX^Zab_\UNV^aYRRPOUTQWZVIPacXXVYSPV`[UURU\b]T^`_Y\ZTUEGRTT]_\X``\^daZ[^ehfc_XU[aa[XMOefd`bc^]X[ZTV\caZZahbXX[^_[gnzŠ‰reVUSLNYSLS]acekeZUX_YVVVTTZ^a`ZVY^cgjgjkiYUMN[^YIS]^UZ__N\_\VZY]cbeb]PUhij_W]`\V\`]YTMZ`\bc_ZX]cjrx{wf_VZ^`XW_]WWSVhlieccaVU^cfid^XXZ]bf_`[Xcggd_^`^Y[dehhb\Y]][VUUVTUYYRSXXQ\YWJLVQOV\`^P]ZIMKHGMSPKOQKU]_SPJRWWOKVTKIV[VOKWeope]b`^[[VUVSPPPPGEJLX\]]XWWPMV[OHPZZ^ourlcclpma]WLTZYPLJRNLKY`YYXQRUTMHUWNJ@UTPQG?RWVRY\YI9>F@DNQSSRJGEINPMOVWY\WI5=FSW\`]SNKCPSSVVSXWYUMPW]\^^YRSSKJFEMUINSNGBPVWUTLPSJMVJGIDELSWVOIPPOPSSTU\[TKPLKHPTTW[UWUYYUGFONQURQPRTTSW[^[QYWX[WNR]ilca_\^[h‚’Ž}jec^Y]SGGTXRKTVUWVPIGQUXZQQPFIXSS]_VIPVZYTNW^^^[Y]YUVRUZ]WNOQKKOSUYSJRU[ZSDBLX^XNJQSTSURNNLN\\WQPSPQUSU[^[UQX\VUY][^c]KNSMRY_a\[XT[UJF>@ERZ]YT[aYXXVUOOLGINIIHQPTckcUVWXNGJOSTTTU]]XSUVSPTVSLKNQTX___dcY[XZ]a_\XQYYUPQUZce\VNV[QQQWZTSSX[`b___^WQ[`XPQWQVUUMIPUNXZVS_ggXRYaffc\Uae\^]TMMRW\ZUZZ[TJMSSUW[XVSU[VNMSUWZXX^e`WUYp|†€‡Œ…pYRWXUWTSTY[VSWY[[XZVNLPRVPOPPNHU]\_a]SN]cb_bg^OSLM]`ZZYOSUPOYYRNJJS]b^\`WYcfdd\QS[YXYZ^aXXSQMMPVVOMORURTZ\QEOXa_^YZ^_\UQQVOKJQRTRYaccVX\ee\KMOWZU]YDEKIUacac`ZUVZUUPMVSQV]VLBJWbe_\YZ]^cgjcY]b]XYVYhmgbYYce`YSVPORSVPQZ^dcbba^ead‚Ž„qj]^TWb[X^emihkaWSZ_^X[]USX]Z[^\TMR[Z[cidYPRY`g]MK\f``__X\][\\``SYd_ZW\a`[[QXgkfXM[c^RTUYbd]^]W`mpprnff[X\[ULUY[TQS\cecc]YUUZcfgeZ[bda[^[[_^geeb^^ba`_[Z`a]XVZ^be]Za`VTQMIPS`SSM?MRWQR]gmdY^\PFOPKLHKGPXQP\YVNDLSXYWagVMSYTILNWeh[Tde_\YNV\WFMY[RXZ[ST`abejfadcbZZ^chkh_[WYgkieWWNJKANQRTUOHU[\XXZYZXPIGQXTQVWTQGBBSRPV[]XFBEBDQRKKJEFEMNTLGQRMQRD@GMRUXYXSRTPRTVVSPKTUS[VXYVXZ[\XMHHEFMODCLHDEFDJOIBRSL>FLGFDHNZbaXN@DLDINOR\b_TWVNDBDIPMI8@QTE9;KSUNEGLOOXVPXfd^TUT\YZX[_^gkj]UTc„~kb\^ZX]ROXYNEEQY^^YOQU\XIVXOSVWV[ZPRRPPTLRZ_]\WWY\WNHJQXSJGIGFKMKIIKRXROI=JSSWLGPURTW\XXZWWZ\TJ;BETXORVSHOX[XUYZON\fbZTQJX\ZYTOOY_`WREGQQV[\X[`^[[YSKQRLQRJMQSMRX^`WQPSYVQPNMTUWVUPQX[YQNUPJOVRQPQ]glh`\__YVVUKHTSUZZ]XUTXUPLRTWQORUVUQZ`a\TUWY[``UEHO[\WOQSVUVXTIKSb^VRRYZ`cd\a_]WVTSRJJMWZWMM\^YYODT`aZU`_ZKS\[][YULKQQYLXeen€‡‰‚p[^RX_ZZ[WX_bYVQ[`\Z]YTUXYPBBMPJRX[YWQMR[ZY[cieYZVCLWUUWTMNKJUVRMCFUac]emkbbb^[WTZ`^]\ad`VLW[\\WYQINVYZUPMQTNX\abYU\`Z\[]_dd[SRVW[W_cc]W^`_^]VU_d_WWMOVQX`c`df^\ZXX\\]\XRXRME?DRXYSTX\dgjjb_XV[[Y\ZYfhaYY[dfa\SPWVTV`^OQZabbffghidu†Š~vlie\Ua_^aghfaegjfcZTP\XOTYWRVge]SV[\SU`dTOV`d``WY\ed^YZ][NSXW_`[cjd\]hi_IUfghc^ZX]WMOTUaege]U]`\Y^\cif_ahibVVTX\^]dkopeYMTceaYY]]caZY`bbdgfddga\\[_a_YW[_`ca__ccegjlb[VRR\bbCLMLW[KK\dg_Z^[RQQQSQRPXXYO@NRSOCGOXXW[^WYQTTNMU[bc[XbeYXZW\`VNQZfginlcZY[^a`dcglef][\_c]ZUNZdehf][[TKAENMQRTMIOKNTTRSSSSLFLRQXUONGECGQPUVVM@HKFKMOIHOLJHU\ZRJMHDJPMNNHKJHLUWZVRTVYUMJOXVUYTNU[]_baXQONB5BMQORD:?HLKKJLSMFAEGJEKGDQ[ZVN=@K=6?KQPMOPNACFEORMHNUMHGSUSWZZTONQSVYUVY^nsnc^\cu„‡}dVUQYddXPQRA?JNSX\YU5@SUALRY]ZWYYUNPOPTOKLSV]a`\_a\RZ^XTPKMLEACFJRRPYXYYRIIKNTRTVZYOX^Y^b\SUWTOOOPVZJLZ\SOROIPRQLPZcd_\YUX[UVVLMR\^[UMIRTTVXVTWZXVPSOOQIJLENTSSNQ[edTMMVXVQKEOUVPLTSRNOMLNCMXXSSMS[bd_[^a^ZUNDDKMXZTVWULLPQLOWbbZVORWRRSTVY[ab_dfa[XWZ\WRNW]]\__UPTVSRURTOVY\YV^a^YT\]\NFPU\[NOWSW[TYbbbYW][RV]aaZ`^XPU\_VSUYlp{‡‘“ˆjcQWXYac^cfdWJIS]___]WV\_PEFQVPT\\\SGHLTZ__acdefdYMORZZ[\\PNUURNGLVXZ`eheYOX][X^fc_``cZSPX[ZURSZRQY]URSPQXVWWXV[\]]a]`gfdfe_XV`hc[PQQOVVVZbjiagh_YLSVQQXa]TWika[UVbed\HLRZYJUTSW^^\ZZ]dff[WWYachjfZWUTQX_b```ZNXc`[ZZVWZbfaclvtjlr€„vc^]^Zcgbfg`]``ckmng[RLUQOSPSW[fbYab^aa]_fe\\cefggYY]b\S^f`TUXZYVVbg`]`hof\bddSSR^ca^ZY]^TWchha[\XWXYSQW]^dijaTZ^Z\^`cksri\JS`b^WS^eifYY`_`afebeli`aWaecc]af_bcWPU\cjmrogfc`aaYQNOV]KLSZWMT_\a_TV\`\WY[RQQSNVQNKOOOT]cfaXSZZZZ[aaZVYSMTbehh\TTW\ehhmgf^[\XY[[_ilmj`\`cX^b\U\aktnd`^UPPPJGHNVSOIDHPVRMMRSQNJNT\]PDC@>JSZZVIDQJEHMMIKVSUWY[WQDIB;GIFHH:KTL>HTTKLPV_TIU]YRMQPN[fgcd]SLNUZVSRWXKC@EGOMIKNNKJPRSONRXMSWROUPQVPCLURHLXXPCJMOUV[]\\TP]`^PKQRU[VQLKQRTVbe_WJOSMQX\\bipnh\V^gw~tc_jqxvmZSTXRWVPQUTLFKVZSJDNWPJJMEHGJHJILNPTY`_^\^UP_`WNIGFILLCEORPNTXX[UNKEDLHHNQSSXY]`]XOQMFLRUMLQOQZZVNMFBKMFFFMU[OQSRSGHVWROUTOLG>?GG@3EICPVTQTTWWXPNOHLW[XQUcf_WOMOYWMICIOMJPTPPV\[TSSSVSQLOPKEKSXURSYXPV\\VabZQZWVTREAP]db]UPNVRSXMIZ]ca\^d[SVYZ]SMW\XOQV[ZSW]^`\WNHU^ZQWehkeagfe\MMQU`cfb]X]\\dd\\TRQNY^\^]\\V_fha[V]chfdw…‰rfnipnbe^[jgWUURXaaZWRSX]SNOU^YWYZ^WUXXPHOTTV`ca`[UQQSXX__[[[VQQUTRQT\_a]SCN[YS]cbdbd^RUUY\VSOKROIRSRSVWVTHOVPLNQV\gigfc_b^TSYdkj]ZPIV`aXTZdd`djfc_Y\WRQUNI[ghbXXT^b_WQZX]]UY^^_gf^_]\__[VZ\`cagjeVSXVOY\dbZYWTT^c]RPKP[]aY_pxuhkv€€ugdea[fjahj`Y^_UZfcb_cZTTQQVP^^^S[edVZcadhjaXYaloeXRYYQR_ed^^fii_UXY[^aikf[`ZHJ\WY]]^WWdb_X[cda[QTU]]WOU_]`cjiedb\^aba\cgb[YY[\`^WR_ijf_`]]aeecdd`acdchghimocZ\^VPSZU[_^]gihdXSQRGNUPGKTUSX_gnl]Xab]SZcba\`d_VJIQOGHTbee`hjje\U[`ba^UJFV^Z]]Zaa]Y^cgjjb_`XQUT[afknfdkkb\hcXN[ouphaZSTYZTNOPRPTTOLRa[PNQTVSNJJU]YMG@DKW__WNXYVQMINQRTTQNVXUNHGFDDB;@FFKUPCILMQTVWYQKV^]KFKRZbfhjlcULMMS\]WVUPNLJMKJ@@CDGLSLHD>LPLVYUV]XQ^YSROOMKV[XQRQXYSUWVSM]emgaWQYVVSNTQVWQWirk[UYTLIQWSR\_de^Z]Va|†‡{lghsxvi`^^XRMFLSRKDPST`XMA?RQICEFHMVMIMPXXXYXUWXUY\_WNMNH>BMPLORQQNIKNTRGBECAALMOST[\_a[NHTYTXVULLJJLPTTQKFEMQNMLJJMQRWWVUTX\SNVTKD@BHOMG=HJHSYPKLMP\\TRQLO][]\XY\VTQNUZZSJLLOMNOLPSUU[[^YW]^[RXWUOVZSKJR^[Zcfecad^ZYYLOM>L]ghYJLHOXVTWW[^YVZUX]PKUTURNS\`ZVUURTU_ilf]WWY[YSSYUZ_`]WT\ZUSYU]ehdVR[XVX\X[^XNUYUQ\`\XV\hi`URYZdd[`l|ˆˆ„znlim`aheZ\REOXXQRZ^]\WURYZUTOPQYae`TPRSZY[[VUPSOIMZ]\cca`TU]de]VOOZ^[WUPXYPV\YY^]QKMS\\WZSOWYRNSUQXZPTSWWUTKERae`XVIU[]PU_`_]UTXR_ee_KGXbc`bfe_Z^`^\TGQ^aXRWZYXYRMSSWZSRXYblmf_WNQQVZ]ZX[cdc`]XYQGSYb_^Z\XVRSSUOOLR_\VS\lmies€†„zlajibea^eg]W`bX[][^hngYYSS]bijg`Z`_]]ehmlh^ZY\hlc\W\]]YZZWbhge`YTXX[]^``^_XXQMOaYUYXY`ejegfjih^YZb_SMS_`_cfhgfee]Y`_a]Y`edaZXZ][WX`hjc^[[]dbWX]ZNSaoqjeegmojb__e]\`[cea^bdc]\QRZRQPMBUIJJSQ^inka_][OFQa``]]b`ZONZ]UVZajmptqnf_\]ZY[_`YHDLOR[___WQUZejhea]]XSPPV_jhihro^_ibUT^kqmjcUTOTZ^]RILW^_SLKOUTMNPONNTTPPWXRG=KRVYSSZYRQMJNQPNKLLLNTPC>BJQQK:K][VVVL@OYYSWYYXQURRRMRSRVYSQRNLEHOSSRPQQLFIQTEEHGHHQV_VTYZY[XTPVXTURF>NSNMNXXVMFIHGGLKJJNSOPNNUXZ]YYZWRPROTVWTLGPLOSPNPHNRTJNSQUYXRUPUYQIFEKT\ULLGOLJJSTSOIJUZTR]a]XY`YXZYTEKVX^`\X[Y]UVPSXSID;FYccTP]VQX]YY\WRT\\^]SMTcfcb]^`^ZYRUXUXUPMOWYZ`VJSVX]\VKPZ\YciaVacc]TJQZahf\WTY_^XZZ[]_VKV[ULHMWaa[VTSQ\d_ZYbeekmg]q„ˆ‚vi^bggfcc]_fhea_fkow„va\\ZMTahhiljfX[]RNMRUUU^]UZ\USVVXaeaafdadd[_kkgcb_`\TUYZskgab`\eikjkkgegcbeaZZb^[^_]UXWQTSU\YRGGMKT]\^adbbkjfe_YQXbdgf^W\cmnnjhom`UVVX]dcb[`d\\VG;Vb`[^_NUQSVUPOOW[ab\NJYZT[b^XZ[^XWXUTWWVUSVcbfaTAIVVOTZ]a\WXZYU[_PU[ZRU_[]_]ZWU_ea`edec^TSSUWUVWPZw~w\;LNMACGMHHKNNLUZTNFKSSSMKHDAISWXZXXZ_b`cdYQLJR[YLPTULQSTWTUZ_]S[_UX[YWQNQVRFHLQKMODNPQRXQHPSPJLHPHCFSN@BMMQR[]\ZNPPZhsof[Z`\MKVVNDRda__URMBQddYU[dh_XTZoy{€vhXZhrogf`Z^[VTPDEQY[QONQWSMIFCPQSQIALQTVHKNQ]a`XQ??LJMS\`XX]`ZLNWYTW[QEHGKX\NKXcjlddlruusptunqƒ‰†zkdZXZ[`if]ZP?BOV]d`cjmgUNRNTZ\YXUTTS[bYIJLUWRSXXWTW[QKNPLJHFIGGFKPRQKSZXTTQSTMKQPLKKXac[PIUbf^PT[ZZY\^]WZ[YUSJLOLJMQUNONJMUWUVW_^[XOKJK@GQVRSTRORXXX^bcZKP\_YMOY^\MJMPQSROPNMV\VKIHMONKPYRPJMILPS[UIDNOYXQQLTTFF[\VY\aUR_ZXUMS]bZAFRUU^_XRPJSULTUPU^egaVURINLFCQZZTXMHRWYXNMGGIMPLKGHXgh`WZ^^TPPNVXUXPSNBG]ZQTXTRUYXSSRRPQ[b_T\iqwz†„{vsirtk_OQR_ce[OWe`RTV_hj`X[WWZYYPGQOIUYZXUZagcb`Z\``]ZZNIX`fdb_YOX[ZOENZ_^^]TRRPURFQ]]V^_[YZZXZ\]c_VST[^b[VSQTWUVZ`[QZ[[UGQVTKMTRBJQRUSKINSOKUXX\\XWSZegidWQ][RQQIRTHWmtteXPHNROJTPKJH@@LRUTTTPRQRTRPKQXZZXUWRV[\ZRGNROL[cjg[Y[[UWWW\WVSMOIISWUMT]]WV]ovwvmolonjoxwpha^]WUbfaZ]\UTVX\ae^fe]XHMQQHKV]\VRSaidZW[YZWSOHKOLHFLT[UKE=DAGJMNLMLRUUWVTNQRZZVQHOZa_WEDOXb_XY[XRX^c_ZYXTUQKHONN?LQVWZE9HIR[ZZ]XXX]`e[MU[XWRNJQOWY[]][SQUSMQVZZQNMRVVROIMPPRYTJPYVQMFLUOOOSQLJGHMINUST[YYYXYUR[_TQ[^[KNMOWWZY\[KQUURXYURNHTOGVZRWZ`c\Y]VRSROKXa_TPKEEVXUSRLEJQVWUTHQ`]ZRNULOXVRU[ZYXWTLQVZTPRRPNSMV]WOMYgkkaZX`vz†ŠŠƒ|h_le\YY\efidVY]YSTTX`cfb\XULLNFBNMJKU[UNT[\^_^]Z]__YWXN_c[XYaaX]_ebTXafe\XQTTOOOLMW[[`ie[ZXZVVY\_]YZ^cb[RV]XRJOVRQKSUWUOVZYSXSKHIHHMQSX]\R\]VP\e_UMZ`TL``PNWYYWSZ`Z_cbXVRPK=KU\X]\]YPSU_\SPOWdgiia`ef^ZQJOY\Y\_\[RUU^\clhfe“—‘€obg`XZXRX\`[YY_\VVapuoiYU^cgg]be^[bb`[TTW^`YVUW`d`frrk`ach\R`mngca^eg]\Z]ZYYPKLHSdmjecddgkh]^_`a_Y_^\^[\_XZ\NS^\cc_[VY[`dhfc^\Ycc[WVZZZahieefcbhifXHOS\a`ZTZc`WW^\]_[Yakida][^YQGEUXcg`_dmigWJMDGPQQSTTU][XTY\TOPPFViqgXMQTXTZ]VOKJPQSQQU[[VOJQWUW[ZZ`ba_ZJPXQJLGR`bVNG7JOVbhbSIMXZZYRLBFSOLFGOW][UWOEIJMKMG?GEHKOSMHNMLH?COPUSF;EJDHPVSIDHBDMH@Q\]WRXYPNTRPQSCHUXKS^a[U[fggcUMPRSQQSY\Zes{xr^QPTVVTYWNPLLQRTTVX\YRMQVX\]W\ab`XYUWY_aYNNLOSar{|t[RLPSUZba_UOXZYUQUW[\^Z\bix{xuons{~kfnkkig_^Y]c_eeY]USQR[^^bc_SOGSN/6LNUVYZ_e\VRRSUY\VK:FMJ@OVROKHPSQMKMOKDGNRKNTRPJNUTOKHMUXVQKEJQVNNU[VMNW[VRUSPMIFMQWZPEHQ]]QDGKW[VJSRQ\_ab_PSWX\bSMONVZ[ZWVTRPMGIKPUOPPMWUNRUNGJS^\\^`[UVRPU]_YMEFCCPLRWTKGPU[^Z[ZSLPPPQZQRUSMQQUUNQJU]]UWVXVIGOSYa][_aX]VTZ\ZYVYUVUWWUUWTXRHJHIQRURMU\UPSFDMKMOXXXQTZ[XU^\Y_a`\UTRIUZX^bXU\]`ioogcdny„€ˆ’†nQhjc]bcee^XUSWYYOP]faXYYYZ\YYZVRQY_]XLNLQ^^VS[c]\ZZUZcc^\]^\Xaff\[egg]RIBGILSVZ]YSWfk_VXZWS[a`b^]]dbaSO\[OTYRT[]`]UPILUX[[ZTNSLUVO[cef^caMDRYXWZ_a[VWZSQS\dcVMYW\cjic_a]VUZXX\\WPVSSRLGCCIUZ_ef][TUX^^_[Z[\WUTR[_\TWW`ebmˆ’…umvwj]TKU`hcTSRSOXadmxyhV_if^[``_``_edaUX`]YZY^^ZSfol^[YY[[V[gefc]^baZ[VTUY]cb^MZgggkhbdega^`\bgfdcdaYSQVU[\OTXV[][XUMT]fgc\]afhje_`_ZZ`cfgfeegfc_ZQMT^fd^\^\X]eed__`\cjhcWPVW\`cNLKR[bhfppf\JGRYUNJLGCKYeb\Z[VRVTRZfneNGNUVRWagb[KPXRJ9QUWSNGKSVUTQKRZ]`[OPXY\VS[cccXOJLV[ljcVUV[WX[ZURSWUSPQR]dc`[RQNIKLMEBIJBBNQPRSSRRIGMMD=8?KMRTNPPID@FGMKCRVVPJZ]NLRTUROLMVTKFXa[\a]UT[gh\I@ESYYSS_isundXTSRTKCGIMNRW^V_f`Z`ZMQWTZ\[[_a[SPPVSY^YUOAORYgv~|mTOUPGOVYXM:>JROLS]^]][TL_hppwuhjxztuvwled^^S]cjjjfZW[VVTYbbegaQKKB?OPOZddb\UNQOLKONPXWTHLJGRVRHGTWTRSTQNKPNSQOVZ`_]TQRMLIIKTROKOPTXVW[\][XNIOW\XVVNRWY^]WNCEIOLRXUV]VJSYUW]ZSNFGNLZ_XQVXV_c`ROQUWVRNQQTWUWONLGJLFS^XVUVZSQX[WMPY^UCDKIJRYX[YVQLJRVTVYVOMMQPLO]cbfa\\YWPJL]eaZW\YPGOU[b]Z[UXUUWLBQQPVQOPQUW\ch_ULJHFIMSJBIPKQRMDJX\^[VRY^aaZZ]UMX[^^VOIKY[X[YUTX[_dbgnnffltwx”ž“€svvjdXVU__XXPRWV[OP\]Z^lslge\TOIOT\``\XNIOW]YX`e\VWTRW^__ZWWY[]bbY\df`[UZVRNKSZ\\_ZYgj^Y\\TMWZ\eg]\_`_YV\[Z]a]WZ^acaZVKIRSSTMGLPUYX`gfcb`b\VTY^bfdZT]adc[PZgf\SXZ_glki_\]YTRVY`aZX^_`WTWWSSV^decZUVQR[_YUP[a[MOX_e\STV]gjqƒ‡{okxyjYKMV`kkhed^Y^edr~…y[ZffdZW\```dedZQLQV[]^_e`alke]]XZ`]\_aab`cbdcWXWQMT\die_^iie`WSSPS]`\]cjifb`YS[[[\YPW^]_^`WTVW_a\UUZ^cfc_^WTVYZSS_dcacd]]a_ZXZZbihg\Y_g``][de_a]XQJU^aa^TTQRUafg]]OC8IZb\QRPCPRX^_ZXUNJJLPVag`SGKNPU[itvi[WWNH=<@?@JLGLGGKQPSOZ[QMTXZXSEMNQTQKLJP\b`WMKTVROXSJKMTRRUUQTYUSRPY[PFGMKMUQIEIG>ENUUTPOfneW`^WROIIW\\]^[MRYa]UTXRRQWRPO\lpj[T[YPOIKKB=9=KPV[[\^^TITb`Yit|jfilmv{wgZ^cZU\\Y^[MPZWTTZbfjjf^QXNSNLEWllbUFDPTTQMCABLNMSORVXXSTYXSVYUOINPQPRU[^Z[ZVPVVSOOTZXT[YYPU^_`YPSVSOUa\WSUQHPSRQMNUJNY_^]WQVYQLTWVQNTULNRGKYVV]]WU[YEDNU]]\[`_^b^UVPOQQLEW_[UQQPHLPYMEKUZYTOCABPTXWVVR@BHMOVWYVSRMPJJY`abaONWUMNJMZ_\VRZW]_ZY^ZULFDJS]ZODIOVVXZUVTX`b\IHHJOICJPQ[VZQHPPIU_gaYX``XW]baYCPT[[RPRRPOJMPU]X]hjihhlh^Y^gn|œž“Œ}„}ufWSVYZZ`ec]VH;@FLarqkgcZSTPKTXZ``[VRJDNTKOVNMX\TVXXTOHRYdecaadc`^OORPT]^\YZ[cbXVWVSUTVOT\]ef^b`X\ZZYVUYZ\WMQ\fg`ZPKPRQVNMOIMPTabb`]^_ZOORZ[\YJP\`dhaQU^a_SW_]XY^geVMNJV_]c_TW\]]]]dd\Z`acb\RTZ\HNRNJRU\\X[]c]VS`iluw{|}|xpousk`QJT\gmmmlgbajhl{xpihfhfZY^chdb\Y]\`ggaZXYYaa`a_^[TNPW]^^`YY^bb\QGOR]`_daaccaZYIYRMMD[]\WW`g_``[S[XVYZVSW\feaZRTY^]VMIWWZ`_^_\YU\aYZ^bda`d_]_b^^ZVaghe[W`aZZ]\beaWQOQRSX\XWPTTRV[d`UQOGU[]^^aUOWWZZ[YUOTYODFTgmiZSPJDJXampha^[Z]\NCBEJNOHHSUTRSX^^VSPLOMHPRNMQQPMLNU^]\WSUUQQQ[]\WQQNRO@FMHHGPSQFGOPQNJE>HHLMIFGFNLJDEFCCIFIIIBBCKTYSMGOBFRQPQMGJKECGMNIIAEIGJY_Yenpogec[TS]\RYeeb^WPQJKHAEJPQMKJS`fYO\^]^]^`bfeaXVQUckhWRSQRURYXSVWejcYTUPILMSQIHJJISZWT^[LFZb]U\vƒ‚vde_bdori\^icXOTZc\RUW[VLT\`]`_e`X_VXYZbnpbTIFMLWTSSLAJNQPKRXYXTMMJRY[ROMEEHJMTXUNMQFITRPRQNRVWX]UQVVZ_aXONTUVVORWVJ>LNSVTZWRSY^]XUR[`\RVWTMM[_XORSQUX]^]XSTRPPUSV\]]b\ZMIJMFHRUPR^_RNSRLJMJKQSUT]]YPMSWPUVMHLUXTVTOOSTOEJUV[YNOZd`WOXWWYSVUUPKS_a`fc\WTMMNOWVZXXTOSUOVXQVVV]^RNMR[\[RJFSX]cXGMUQIMW[W`aUWX\^\SMU^]WQTNHKMNPTX`^YejfaZ\XTOcrsnzˆ——”‚l€|k[QXXZ^][YTQHHKNO[^`bfaZbf[FS[_`_^_XKQYYTPQNX\ZMT`a\WQR\_e^Z][Z][TSWGM_b`]Y]^\WWYV\b`ZV\ZWUKPXVQSWTSUTW][\\Xa`ZXVVOMP[[MGQJOWZZZSQUZUFDNLMSSQCQ`acd^PR[b]TJYba^^gdYKIOZacb[NSYZdd`cc\VZ^[X[[WW[[XYURPIOXZ]aXHPT]dfrxxrvxwj]c`adc`WP]b_Xcic]`e^lv~ƒ‚qc^YZS]gmlfih_T^cbX[_[[YQV[SSWSFFU]\PWZSV__VKPZVZabceddc_Schb^]`a][ZZ]\]]b`YSW\U[ZSRUW]]WUTUZ^\^YPVS^ghbfe]]_^USSaa`dgdaaba]TQ`dab\Yee\WYTV]_b^`a^VQYZW[]Q[\\Z]URWTZ`\_fdb][XZYUUNEOQNJFUekf]WRTPRSU[^caccjsogTDGE@ELPZ]UQJMV_a`YL;<@HLMDGKPUNQUV\ae^NILNS]hhbZUTOOLKGGHHFNMNRTOOHF<9APQILONHFKNQMIFLOB>ELMLNKDKLMOQMLDHMQW]UNLNIGSSXZZPQPMY_bYTWUQMLZ][RSXUPV][XPJGQTQST[_VPTURKL]dYLGW\XVYWTJNORPQVY]UT[^UOJKVZPGKTSW]YQX\ZQLOQROWZXNHGCIVZVUURU[]a[_]\NITTQNQ[ZYKNY\^]VYZYQKTWWMJ[a[QU[_ZWWUSW]XTW]SR[[RRWXYPX\SIDMV]\UTL@GSY\SILMPUYae^e_KR\Z[[XW_dcZUSLISUWZ]\Ye^\bigib\[]fqtm`jx‹’Š„…pc_VUZ[VPT]^TQT[Y[[[bhaX^gaUQW[YT\`]TWa`\YVQX^[KM__ZUXXU\^TQTZXXUZbaXNW[\_b_^b`]Z]ae]UO\_\WSNLN\[SMPQNUYXTW\\^[]^YUURZ[VGDKWbd_ZMHSSKKPOOQJVWTV_`\XUZ\^]ZSTT]f`Z]b`]W\\SZ^]\XWaee`bbZSWSRW]c`V[`a^Z\VHS``^`WLSUTU^pz}wvvmefqskcb_TSZ^UV_hbUYgc[hu€wbUI]ecfiiilka[YXQV[`\YWQJJNRVWQFL[[TTXZ]dcXW\^TN[fihdfge^_e^NZ]a\W\_\VSbgcXUUY`ba\]]^\WUYYZZU[fc]XW\ebZV^^Y^YQLNaeffeacbZXUT^ef``[afd][^[XXUWXZX``]VX][WHV^\[[`^RUUV\[Y[^]_XQONRYRSPHMRPYdhf]RRXWVPKKP[a[]ftvngYIKGNTZ\YQSLAQ]jjdTJDGNE>BHINNORPSZijeTMMHH\_b^^_UMLMPSPHMLSUQUXVOFJMQS]UCFGHKNOLONIDKSP?@KNU`_ZXTMDJOPMNNMVXZTMHKDLRMKORIHQTSWUZ]Z\[]`V\VMV\YTbigec```ZYXORTXRO\a^XVKQWYRSZZVYae`YW]YS[SCclj_LOX^W[YTU]gb]QRSMSNFNU[SSRIEQZXRTSNPS[^hovupkjtwtqg[YX[UNQVY]fql_]]^YXadceba]DMTagh][WY[WTQSQRYZ^TJHR^d^SHLDDKODCNSSUSSRMGHLTXSSJEMLIQQU[\TMLKNWUZ\[ZRQOIKR]_VJJU]^XTKBIJSWY\ZZQNOFGP\]MEOS[ZZYUMPLQTTTX`\T\``ZTY[]YQPOYTQLNNQXUOIQXXWWYWRPQKFHGFMGKXef`[YVUQMRWW]\YWSTSOS\ZTTQSSPS\YTT]^OCOY]^WSSPW[X[_``WXXRRUZ[OZX@=FQUROJIRSV[[OPPMLKRXcaVZTNT^[W]]TWaa^]UKSTVLBIMGfpif\Y_aa^`c\df^Ybtƒ‡Š†€€~p[`XJMSY`[TOIOT\[ahf]XZ]\TRTRRVQONIPMSLOWXWYTMSRIKVZWSXXX`d`[Y_jh][YSW`c^Ybd]Z[cea]TLTV[_`W^hj`XVSX\WVVQNYZ[\YZ^bghecYJAUcc`]]][OJTZUQTVZ]ZY^dcbeedcYUW[WWYOQ]d_YX^`RQY\\RKY_ZWZ\\\[ZU[_adc_b^]^e^NW^_V[\ZXTUGVpyzvshbcp~~xiaVZ\eaUY]]_]c`]\V\o{zseV`h^UZ\V[Z\]^^`XVWWYSUZZ]ZZ\][ZeaXZWP`mjcZ[UFM\beea[`a\U\agdd`^`Z_WTW_a_acfjia`_a]ZVWVZ]^]ejeY\_a[YXV\]ba`XSZ_^Y\^`hj`SQZgkjd_]ab``gg_[Q?GNNJ[ea[SYZX]bXYQJILXacFOVTJKWW]achif`\[VQKTYhqk[TSPVTPKJJVY\U^emlom`LIMSVZZTMOJFWcli\MHIRK=AKQVTPUQHQ]^TMOLLSQOMTYZVGKUTUXYXXXWQJMQSQOSXZb_NKLMQXSI:AFFFBFICGFUcbZ[VPGHOWRLIDIS[^S>GGCILJJKPRZUXZZZXPHKFHGNKQUSSY]de`\Y\_XUSZZRTWRUTSRUXRWXVNLLRPW^]]a_[PQGSimmmbXZSICRRGNW]YTXYY]]XKQVKMSRHINMGJRTNEPUfw|poyytuqgYX^QIVYXZdf]RX[[WNV__\WSUOUV\kok\[]_\ZSQVa_]VRLMOW[TX]]UKLNOTXOLOLQOK==FNQMNMOVVQNIKQU\YURW_\^\]YVUSGCJSWSUMSVXYYOKFKWTCSab_`[OLNTVUVVTPRYYZa]RSZ`ZVUTOZc]U^`_YQLQNTVQT[YNLRUXXWY\ZYURU\\QJBDIIHLWb_SKBNRNKLVZ[ZZZ][PSbaWPMR_\[_]TSUTUZb`Z[XOLOTVQRU^c_ULMPKW[QORLIRSMELY_aYY_[OPTPPNSV[^`dVZ^`^W^bUP\[a^OFOOF@?MQE`lme^QOQ[X^fabf_adpxz|~‘‘’‚o_VPY_]^UVYWQT_^Z_\ULGPVPOLV`aRHDHOQJJJSRVSMKPLH@KNPWPMV\`TLQ\`c^TWTTVPJLZ^]]W\cbd[XYWYUX\ehfa`^]eifbVYY]_]SSV[_bfd^XWOU[]PS[gkcWXddXX[[_^]RV[bfeggcZSS[]__U[aa\^bb_XX]\WX_`]YQ^W`a[Ycf^X\]cfhihc[^_XLQ\e_UU\bjqssrgWXgv|qmjfeb^_\Wajiegi]Ygtvomaad\V\_Z]beecbWQPWUXY^c_]WRZ[]bg_R\ccioj_YYEG]b_[cfZUZZ\[`ehc`TNCQTXP_kife`dfc^XX\YVXWXXdljid`dggeeZXZ\\[^\_ZXOFKU\_c`WNRX]_c_dd`Z[bf`\`^XXY[`bVUT\d_Z[]NMAAU[ed^TUYSPPRS\cmpnlg_c\TV`fgeUTVPROOSQSUUOQ]`_iopjZPOMTXVKJPOKHS\`ZQYQPIFKITXXURNOVWSOSOOUVNFRZab`ZURMLLTUWWPI=DORQMLTZVTNMQXYXZOHCJMNPRUUOQTWVTRLGA@MOMJDGJXcg\IFGNHIPTORY`[SNAAHLTNA6@G@KQLT^d^WVV[bi^SQOQK^]TMNORSZWTYWTINOJIPX^]ZPXYLKW`muteUUPQXTTSRQIVYVX][TFCPUNQY^\RLILY_^\XTcks|{z~ynmoojb]SDS\^Y]ZXXZRSIHOZ\WYYQHCLT`jbbXT]c\TO``b_`]VU[VF?R``ZK=AARYXWTNGHIJA?IMNMLLKDMRNLRXZ\TQY`b[V]\VUVVVWTWZXPIPWYULKPY_UBKVWZ]VLKNPV\^VLMMW[VSSPRMUVRNKU[_`dieZRRXXYYZW^cbXJMTYUZ]]VRNKSW[WNPRPPOENVVQBGMN>@CQYYUX``aZVSSMPV\gcYY]ZTVRPQfgYVRINW[XXQMN\^RRWZch_RJFOR[ZUMR`hcXTY[[^\XV[``]Ycd\bcZOZ^[LUfha]LLUTTPVUSPU[\YQNLTU[fhg`XRP]oruqƒ–›’–phYW^aa_Zafga`giYK_cYKT\[RRakdREKX[WIPUSJOMJQWNNOKLRZUQX^[YUUPU[SO[bYPROR[^ZVX[^]ST\a_\XU^ff^^]WYehe`Z^c^dd[STXUUWUNR\^\[Z[TUZhe^\^`XX\XXacaVTUZUX^`XVUZbfg^QX]UP]]^`abc\UV_]]Z\^^^`dkh`V[\^eife_]_]VIN]da[^gi^loqpla[X]oyytlhb][Zca]`b\Ufd[SYbb`dfe`[ZceYFIXW\\ce`WWPWdebVOSKLQ\c\NZfhjk`VUYQJOYYV]^YUXZcd]_cge\^UZ_d^\dlm^WYY[__\Z[Z[YWXafgc[VYaba_[[[[\ZXW`ehf_^\YVT[`__`]YTU[Za_ZVRYTY_TOSW\``YZ]\c]JOSPHCM[dgZUbc\PDEGMQ^dmpokb_ON\eg`L?C=MTNSY]\RDJZ[Zagfe^QKNKNOKONJHNOST^VOQTVWYPGKNAGLMTSPUURUPQORTTNZcibZRSSQOQZ\OENRVSDEKSPLOPQSRWZWTMFMV[]WRJHLCEHIKJJPOMRRNHIR_`WKILLHLRSLJ[YOLOQWOLQVLIIHMPMK]a_YLG[eii\UYYSR^^PYa[T[\OIP]YPPKC=CFSVQQUYICJMblnkcbeb\VPTUQNWUWcf`WUS\]ROXZZUOOXejhdYMOVb}‚|uzvnlosssgZUVW[`eaZ[[\[QKHMQY`d[NAH6E\b_]`afgaST`a^adbXU[UHGKOUQLQTPMKRWRMINRPRNZUNHENIFIVff[\YTY`VSUQWZTZgddd^^`bXGJOQQFFWdjf`XFLQ_jopvtjgedhlkbNT\ZX]cb^[Z[`^_ZZZWa]YMIHKJS[]`baba_TW]VX[ZV[a^XQQSVVSPTTSQFGLMSXTLURVVVQLLJMMLNQQQNPUNEW_`]VMQQXWQLSWWUO[\RLLQSQW\ZVTJBJMOTMOUTKGNMKSWPJMS[\YNTVWT[``VPQQOQJ@ETUMIHUYVTWNHMYVUQTUTPQUVTOHGNJCT]YOQ\YI@EMWTV^Y\`WT[ZVVQFPWRNTUVRWac\Y^\VV^b\OX]]ZXKNPQUV[[WRVVRULT[]a]RDADJZZVMNXeiji`Y[UQUXZPOHIR[^^XTLPOMUSGALHBKXXPKPRUbf[Zee[T[msuqˆ°¤i_Z[WQQW\Z\RWcjgcWPSYccWWWMR^mo`VWQJMQRQTRY[UPDMVTPRUOV__\XYW_c\NLZ^S]^WTUSS\`]^]X[[[]QOUVLJY^`ZPRZXTOSY^ceVKKQVYXRLV_ZVDQ_cba[^ZYab^ced`[]^\c^^XTSSY__^]`]bb_YWUY[^bbWOJRTZ^`^baaSYedTT\^_][bibb^\YYXVMPXUZ]\mzxsmfc\mvtmtlifjf`TPKRRS]ddZTYdf^VZa^YYbgjhdXWUWa_aaVMQQX[ZXW^b_ZSV[^XMZ^`]Y[d_PR[lje^YSNVbmkggfe^V\[XWQJ^g_MNRRSSUQNT]^`]^]ZXTQPWWNU\gie]ZV^[\^WU\`\UW^^UOTR\[QR^dg^\^ZS^]ROSW`a\W^\\\_glge_[^USXMMRQPADRV[[UYX`_WWQRQOVbijcYNOXVMIPX]_`^^^WDFXeia]^[UZUMORUMQY^YDJZVOIGHKKHNKIDJV[UOV[URNIOSQT[WYZULIGLY_`[ZYVOTRQROFISVVURV\[TPLUYTPSGAA9FOJNQOQWSOMNNOSZ\UHC;IUMA9HJJHQa^ORWWQD9AKENSXURBGQQMGISXdb]bfb[YVMVPFP[\^]RW_[_^`UMINQYYVVQ=KRQQY]VTQ[ajb[SRZ]Z`^abc]VUZYRG@AJNLV_dgd\Z[X[cr†‹~mcca^cid^\`c_[UOSUX`knjmg^Z_[XQJJOSFSYZZea[VW_``[WVXX\_[UUUTTTPKMRRGINSWZUILLLLOMLQRTUUVQMLRX[VTSUOOOSOMS[YVWURRYaaWI@LUY`^]\ZLBFKFMNN[[TTVQOVTVUQZ_]\_]V@=KWVJPOMTWZRQQWWQPQPLTZXOMZ\UUYUPQSQUVRLTOGS_bXNV\QCFGHTWVWXX_`^\YSSRMJMQPRWWYVY[X]cd[SY^UPWZYTEBNVQSW\_XORJFKEPYRPQOLLWVY]_\RKY`]ZVU^ZKPZYWS\UOMWNIIGFFMROBDHJORJBJLMQ\bh^Qc^X]biekml˜·À»§•rZSb_VSWXRRSSce^[RRMT\PPSSTZee]ZYPKSZ`b_[[ZRMHGVUUXROPX[]WSW]``ZZfeQXcc\WOKW_bb^a_acaZSX\[X[^]_^ccZQNRZequo\RYbf`UU_b^WN@R]YZZ`bbd[aikhihg\aiibXUXOVbb_WWW[_aaXRXaijng[VUOYhhbXX^ceh]UZafkg\_hihgb^[TQPZ][[[Vez‚{vo`cgg^ceeelqkfd[TPIB_jlf\YZZQMW`cgdefhihdYOPXeh_SWYWT\^YW]a_\VJO]`a[]\`[Y]\ZZcgmaY^`YMPaaabUZhcd^XLQcjk_a\VRZa\QSZYSXZV^aaXSG:@Q^bdda^bd]ZYZ^_WPT\a\VOC5FRXY\c_Z]ZWUW]^ZTSYXTUYXXW_agia[TXXQNA7ENIOKJ[aYTV_aa]\[YZVTZ^b`UPS[XNSQOVW_^]USOTU^ffeb\ZUT\WY\XNSYZNT[XXUTL=GRWTZTVZ__UFGRTULKKONR[be^SJI[a\QLP\eb[ZSKJ@QVSLBLZPLKNDHRODD?JSRPLAFNMOEFKLKLIQZ[SHJA;LNCKKKGJ[c_VKLPJC@CFJHRQ\\XMFGGMPZ\_]_b`\WW\^a`c`bbdda]bb`gg[USTSSOOQNJXXTQTWVY_cddcd`akjgebZ_[NJTVURG@AMVO>KV\_`bb][`m}‡~j[d`T[ellkkh^^ZSRS[ejojedbbc`[[VJGEMMSZ`fiYJ[ZSTYYUVVRSRWWRPTVUPPSJ9EPZ\\`[QNPNHLKMMEQSUXYLH?NX]\\[RNMNORXXPJMZ_ed`YUU[_YQZZRUTVXUQRVVYRPSWYT[aa[S_ji]LQVYRRV[VQSTJOTRJQZYK@LONLQUTUYZVNSYc^YTFILRQHZfi[OV[]VH8Sb_UQLRW_e`U[[fhm™¤¢œa^egdliba][\\_aVOUfkf_^XXYTJTafa\W[TJNORRSI?QWbbXSSUOJBQa`WRWXY\]aijdZ_`[RVW]\TWWUUX\Y\a]UNHPWPNGMRLSXQNV][YbnmbMN[\XLAIQQ[\ONXeigTQ`^Z\aa‡‘˜–__[acd^a`[\cb]YY`eh^TRTVUSTWYUW[WSNLSVQRUSQOUXQIX]ZNELPW\VPQV[^__fg]TZYTHKMTTMU[VZXWY_[VYPLKPY[YVSX`^]a_TMOV][\_fec`[ZXXSWUT_b^XR_a[]affmja^\XXXZXOMQTEDMRYZZZZWQ]hf][XMK_daXTZa`]`bf`___id`b^bdgil^a_]cffem‰‚tg^^c\ansompoaZ]\ac[KW_hfXXZ\``cajmke]`fihcXalmijg_`c`\Zd[WV[c^a[URP\dedbb\\dljaUMLQaa_fhipqkhafk`Z[b\VR`cde_`febYLZ\]^_Y[^WTQTYYZVbhidcZMKMT]^TMMOTUTVZ\]WR\egb_UMKNSYTNSUNOZUX_ee_[chh^XLD^aTKKLMPUWWJZTGGOTWYVDFORQUVZVVPJMOU[`\a`h[JKTWWNNPV[YZYU[^SOSY^SKJQQNW_c\X]`XQLRS?GQU]_\cnpcS]`^ZWVOPQUQNRY_ULFLQ[_ab\SQQXWH@CM`bP98BFBERaYYee`^WXYUTSQWZ\SR^hh\QBDKJN[YKMWVYZUUV_gd[TUWOJQY\[NQSOCHY^_]VCGRRSTNPLHKLTNHNTKS\ZZ[]XO\ajnk[XTLNS[VV[P>HW^fda]WH;Ygs{€”˜“ƒ|g[V[bda]^a_][\_dceYAGRSSSY`aPMWVUTOW_^WV]\TY\[ZZ\WQNRRTXTKQYWX]_YPGKMF>BJORVTSSPHT`hjeYVPRVUS^^XPQSY]__XY\X_`[_cc\[QSRQPQPQYXTVXQX\^gkkkbY]UTWVLNRNPKOKV[^`a^WSO`ih\`e\T\^VWWXWUOS_bfd\V`bW]cdcjopj\^]aUYS^pz}zpieecdffeikjfbdaXZLK[ghd_hhcX^^dntkdcfowta[bjiiiiica^ZXTV\eeb_ggaaddbe`ghbY`fgeYRMMXYXV_[_ca]^el[_cd_YZ[^aYR[^\X_^[VYSTY]]XXX_a[TTUZXYTILU[a^YQIMQWTRRVZ\X^ecbe]SLFHIECNMSZ[XTX`c]WYdhaXQOZb^SJKVS\b_RKNGHQ]eb\RY^YLNTX[VJCKRZWRRQTOLHMX^ZSEGV]ZVV]hmme_gjbYSSWVVadaZWY\TLTMHHI\jf^alkaSQVTMKKSXVRORRVWOHAIJPWZ]YTZdjc\ULGSVJ?97DKKMQG7@OTUPQLONKGCEHY^ZWTTU\UNNOHHMMNSSF:A=LVSNMPXUOPM@NY]VWYXW__a^_TLSK3H\_^]YZXRTVTXVTKLIKMLU\XOMPKIKTYZTNLK[]QIS]`\[`]Z]emkaURVY`fc_YQIVT\bdeimj`djie`_\_aff^TIFPUV^innldYW^\\UU^heWUSQY^O1SVY[ccTNS\^WTNU][SQKLHDP][XUVRV\[LEKNRUPWZPWTMSSQTNOOS[abYWYQFQVZWMQ[[[YYZYVORXW^[SZb\VXXMLUWPMRX]_^\_YRNJGOSQSUWVWXROLQQF>HQSWRTY[[SRUVOKMWPSX]]_b_WNTVRGLZ^\UNA3BOQRQPOMIH=6QTTSVSQMQXSMMROU\[SIPRPSQUVSXUNWZWUQMOYbhd]XZWPRVYYSKS[\WQQPRRPTX]]EN^\YZVU\\WOBCMXYTP[RLTSTXZ]YW[RNQOKLNLAIOMRRR\_]TQMOTTOPQQPY\Z]_^ZVZ]\RQVZZUOGIT[NQUQLEADIIT^_X[QNVYXPOQRTV[a]VVUUbe`TX]\PPTVWYYRSQMV[]^SGIQUHJTXXY__YTZa_UMKLMIPRNPGUYYTRQVTOWWTTNQQT\[UOFMbiddd]VZ][YWSJO[ca\VXYT_cgmnddvšœ˜“{eukfclle[KV^fbXTWbe__`]ZSNOUY^_ZTLZbc\VYVNIORVYWWQKTSOR_bac^___SPU[_a[X]bc`YMDZ^[fhgd\Z\]`hlbTJGLSQS\^X[bcSO[bdYS_bZO[dh`[a\RFQ]db\ad][YNU\\]`ggc]`_]VY`a[KQ\``UNY_YWYPUcd]_\[X]`\[Y`gc]eaYaiijfb]enmechhkprme\^_a\XV[XZ`gdolg`acfgnpgda^XgotyzofennbQ\ig`]afilfWXZQQQ]\RLIZ\aljeedadca^ZX``XWY[]aimg]\cjnm^PCMfbcfc_UX_fd]RPQVa[USVXZ]^\WQVY]_cc`TJUY[cc_^[THMSRUUV\`b]Y[VQPKQY[Y[UV\]RGMUZYVNQ[V`ki`RV__]WMQPUY[UTTJW[ga][WOKMLHRYUQPRNV[WSRUMLKMW\ZRFAHPVWONX^aYORXbhbUQVLJQaiigaWPUSRQOM`gaXWY\Z\YTUL??OSKFJPLEGMHILKE><;CBK]lld\VRJKJLGA=CCQTHGMQRECMPL>>:;MV``SIFPW[[QB;IIMLSQHKTUK56DGIQVQHRVQUSMKWXVSJBLX]NCJLJQXXVNNRRTQSXVLNWTMPMERVPRSOQXSQLKNHJORVWYUROGJV\]bXYbgg[TQQPE:BW]WLTSYq|~€{hZYVY\Z_bb]^^XKG@T_^UbhhdS;N[[SU____\`e\UCIb]][`_ZWQKUYSENQOTSRJQSPJ@CJNLUYVSPTVZXNBMZVONUUROHILWbe^XZQMOPZ[VMDMQPNNRYWNOX][PRSWZ[X\^\UIILPY_UQ]ZXXSQTV\\UZXRKCIPRLQOSMJHR^aYJHRY[WKGSUVUQSNNRUSTW``YWV]]UJMVTKQMF@EHJHLNYY[[VPW^a^TOVYZbWNRT[ZV^]UWcaYTY\XZRMSXZ\\^^]\^[TWRRUTYUYRKW_baXSSWVZWKMQY]]YYWZYWZ\XSUY]][XROGLNJL_hd`YWWRSUTV^a^aa]W``[QS]V^i~ª¢Sl`_abZUZ[]]\\`b^^UPV[[QSW]a\\ZUUV[ZZZ]]YUW__^ZYSLLOMR\gg`URbcVSTRU[Y^d`fd\WPVYY`cdYWRWZ\Y\ZPLJCHUadc\PU\MI[cc[Z`^ZRYddbcffdXT\a_TY^Z]\VQKRX^bfbWPSSIXbc\T\bad]SW]cc\UX^^TRUUW\d`ZWZZWVTJJ[[^abc`\ceb___bhledbfkg`ZW[[R`dcccaghhbZbjgkjXXhkklle^_ffXIJ]\VOK[ejebaUWbd^VMMJOY^edacc[_c]ZNVb\VY]X\dilhSWcbecUQPKUfbbY_SP[`eaZYW\]XVYX]_b_YQRVPN\da\UZY\\]`][]YZ]ZUV]SU^bc_d]X\XRW]\bfjj_PMVZ`^]`cliYZdb`ce`\]XNKPUVQQVWST]YU[UJOWRO[a`\VV[aaXT[\RLGNX]`YVNLMV^ZXY]]VRVW\`ZV_hf_bdhgaUJQSTPUWT\`ZRVZY[XOIIFIGNTQOSQLNUWEAMKHGJRPE@P[[\`_ZNRPRQIJJICG?;NPOGAJOVZ^ZWT`mpj^VSSKIMXZXUPT^qy~|kNGCUVXT]cc`]OGF=DYbdfmne^SMKCJW]XYTSZ^WJNI`gTLPOI=HJOHMUXVRROKLMQKLPVXQKLQVSNKMPL=CR_^PHIPYWRRLLTTRRPRLIPT[XLAKSWYZ\^_WIKSQV\YRWWNHJIHGPWVTZU]^ZVSMPS]`ZMKVYSJLPUUYUQQK8HZZTPKQWUL>FSWTTLLKGIQNKQWTKOYa`URPM>KOJ@AGG@6>NWVQ\\Y_]a_WYZX[VSSY_`_SELIVa`UTXWUUUUUVVTONY_\ZXU[XTY]]ZRRPY]^]\TRUYNTRRQPPQLRV\_ZUXXTZ[TVYUWTWSGGN\ddZMHKSOVVWbg_W][Vbh`SNUVWXdo”§°¦˜\b^[[Y\[ZVTT^gkk^ZTY_bXPWZYWW]ZY\RTUX[YWQZ\`_\`ZQONSSX^d^XZeec]YQMRZacd^[WQTXXYWVWSIGKKOPTTONQQHRae\ZXNPUaffdWV[YQOV^cdghb^TR^_dbY[Z^jhdca]`\gi`UYUT[^XT[aefhdYVT\^ZLTXZZSUY\b_XN[`d^\ZYY\T^`a_`Z``^`UKV\\`diiiklnkhihcbc][cigbXKV]eiiffhdliifbafhb]`gh`Q>EYe`_ca_de_SVUPQQZZ[U[bcfh`VUXddfg__Z]gh\UZbXMLNULN_`ecXOKCOZ\XXWTULNVVZ]e^ZYRJPSTY[ZU[XUZZX^\[VLS__]^^`ejljf_Z_haX[[]cekh`VZ__eijfihh_Z_dgd``ea]TGPRUVVTTSUDLXXLELZZUUYXZYX^]SOPTRLJDEOOUXUQPPNV_^\Y\[YWX]b]V[dfigbZZ[ODKPOPUX]caXV[[URMLWROLIIPQNJHA@MLKQQH>DLWWM=@ROKV_a\^QLRSOMNKLA?JH@7>JPPRNCBB;5P]_\SIPVYQKHOLOPNHHLG@JDSZXMLEDJVU[YRKA>OY[WXXPQ^ddddc`]ZPSXZSW]_YSNKOMPWYTQTVXTZWH;KTZXNFIPRTX[bZMOWRIKYenld[[VLQU]^[YWRYew€~o[JMPWVV[ahjgcb[TRU\[`fihkieXSU\bb`YEAUTUX[]ae`MPTNGW\QKZ_\RNHELSSQSTX_\MJQVX\SHJVWRTXZSKINMYXPNNOTRRRLRMIV\WSKKRVX`b^ac^UOSSUZTQYVNKC?JTN??HIDKRQJD:HRRPU[VQRRPMKLJLOAHJAQURQQTH=MUQSKFMJKJJSX_VPLSST^ilhbWLHEIFFCMJ=>JKPNMKE:8NWSN_fg_ZSQMFCGSRIEJOKCMQQIQ`kh\CIQTSPRRUUMT\XMKC>DNNTXYW__^a^PPONXab[PVZZNSLIKLKORQNOQLU]bRRgigZQWY\ZVQS>>OVLJY``bY\p~zth]V]YRFJS`nxseKJNI>?LVT\a]IFGLEGLT^YRSXZ]ZTVY[OKROOV[UUbdg`WUYTKJTWM<,:AKPLE.ASQOSQQKJX]RLTZXXZUUKPUVGLTQNIOSZYXSTWTQKVZQKONNDDMNNRPUNLGLS[de]ROKNTPKSVNMLOPOT\^XLOYVLI@JUZRHJIHJQNKMNF=RYQQPOVYRHU]ZOSYVSORTXURQX\`[NNQPSVRWZWQLNMNTa`WPUQMMNPWW`a[VQ\gf`\XUPNOGHLNTTRXMKRPOS]`b_USOPSa_[WVTQOMGFMZYTLDLX]\QEU]^`[Y[ZZZVORIOWWVYYWNVZWT^ii`ZRJ]Z^b]Y[acbgaZov¡Œja_WYacaX`d\QOSY`dWNRQLIQXPDOYcbYNGOZ^][WVXYUTTSXYUUU\SNQUUYSJOSVXRLDGNLGLSZ`b\WSTSKJN\`e`ZY\\RQ\_VFFQTQPUU^dkjc]][UQVTZ]\X[afjjibXST^\UONURR_kjfdd``YOQ^_WSR\a`gkh`WUYflcZ`^cd^Z]_c`\QS[]ae_]\\`dhljlneZY]_ab]]_aejc[amoldahf]]glqpspp{€wqf^YY_iokcZYTPVYXTT_dgd`_dge\OLSbehijd_TIJMX^dYB?PRV__YZ_`a\N_^bid^]\SLIGIM^dZQY^\_\VV\a^\^[VTW[VX]b``WVcdRPTVZUUW][X`fhca_^\WMOWZ]ab^[acb\[VPNRST_dcejg]]\\ZM?FPHJRRQPRPRVJVXLHQQRTTUYWTJQTQKSRQUW\ZVNTSG?AEKV[]`\]XX[XRMNQTUOJLNNNQRRRL=>EMPXY\^ZUQLLOPLRNIGIFADIQVVNGMH=GW[UMRRMFIGOSUVOLKFFZcotq`F;'CLNQOMDCHNX]ZUM>BIUSPVb^ZLI\_RDGIKMLJEADNSSONP`_SCDEB<@LMKLPU[SLF=EPRHBFJLVUS^\WWO@N`f\PS___b^PLE?FLQTYM4=FNPJFLTVPQWTQWWWUWPCGI>IY]]SGKX`ckgb_Y`~yq\ZX[]`^\af^YWU`jjcYUSVVQOKNZ```RDIT]``^[SPQXa`[X]]VX[_Z\`Z\]Y\Z^ZSLGOPLPQNX^_cba[UNCDQ[]`][WUHBZ\OMSW\ZXX[XXW`hcYWXOW\YVVVZ[a\WXYRRWZ[XURPQWglnijgab_YWYTTZbda^_a\WMIS`deWT^``^ZU`c_YXY^\UYZaid`dkhhfihZ[_^`_cfenibZV]blljlkh\Wdnlkieacv{zriZMWX`geYTKSY]ZRMSZ```chbcebb_Z]chhe_OP[]TS`e[Q[e][`^]_fg`ZQNW^fdaa^]SNLKZcb\USVYVSOTTX\ZVTQSURU\[^b]W]aaTMTY\QOW^_Y]abdg_MU`^S\dh\VUNW[[Y^^YMAIUVXPOYcc`]\^aROSJNOWYSGLMPWUM>9S[[_]XZ_YNHMNKRZWVZ[WSSTVRJGGJLS^fd`_d`XRUZRQRGGJGOVVTX[QAGEEHELNNLRX]`ZUJHHE@5FKJBEPTQIHIHJQVRLJGJMSPLG@CGOTTRNUn…ŠpPBDILQRQPLKMX[Y[XMLMJKNLPSJ<4MYVRGCFSLDAFJOY^THHSOOLSSKLMIFET[__WOWUTWODJJQU\VHPO_ifYL]d]VUYYXaXQVXOHLKOLFIOZ^bfjlfmkfef^W\XWTMNTX__WWNVduzxh\TZ^[Y`gifrocTSVUTXSZj||lV>ISb_UMY\PRWZZXRXO=Q_^LMSHEB@M_\RQTRNSSMMHLURPOSLQUMDDGDOURNR\hfWV[]dkaKEPMIHHHJNJMSUPCGMHLHGLTRMPRNRRPPTTQJIOT_aTRVVNOKAMUUQPB5FSQHMTOEMRXZYTTVAI]]ULNKHMPNK;N_\QQUROPRVUSTWWZXXYVVPKPPMFEGOVZXSOMODF;HNRX\\]\^b[WXTNT[WUX^[YXU_ggdc`\[XQY[QX_db^[Z[YTOMW]]W\aYVXZWOEIV`aWNMRPUYUYbg_TJBIQXZWac_VL[`_a]]a`[OR[V\\GIVYQTZVZ[ab`\b_CWcorndQW\YUX]bda[OG^kf\ZXWWZWUQNY\WRVTPNOV[\TRKW_b^XRRY[^_[VT^]X_`baaa^TONJERVNTXX]`XZa`ZUVTQQRTTQNDNRPY^XXSXZ]][_ch_KNTY\]XMX^ZWTHOZZVY\[VWUKT`cjhgedaa^]]]Y[dcWNJKOPKLROW\]WTPVVYde[XYac\\[VT\T[hd_aie[\ca`ceV^flmklj\\TZajoonkieagjnfZ\joovtj\Z^ac[bfibZ]gg[U\]ZWVUb^X_b^[[TYckmfXKPbb^\`ZTO]ba]b_^`\[WWWZVSWVS[bMFKJQ\]ZZ[TTTSRJXXYRRX^^^V^\W[]^]fg`VGVcd^W[dc_YVW`g`IQ_\[Yeg`SQQadSP\_b^SOQZ]VWaghge^_dcJVZWOSXN@IJGPSK=GRTX[[QU\ZTTKQ[_c_VTRU[]_^WSPOLNPZdfdbh]KKQQUYWNRMIJRTTYZXMMOONQOMNMPUY[ZVMIKFC>FNMGJONJINQSPSHGGD=IKOQRH;..BNQUNDeƒ“}[CIHJCDJHHQX\ZSYWQPKDD><<>FHB=GRTOMNRJ7JUPIRTQJFM``TSYQKADOKV`]VNX][TPJKQRU\ZQRWZ`ebWMVUTWYVS^c\VTROFJPTIHRMRZ_aZQZekori][`[^aYPRMRVTRTRiuyzxfVTR@;OX_]]b]V_^VPYZUaqyxl^UPWW\RSei`X^b_\]a`TMQT`SYSMOWV]ZKHOLEJMVXVIEMOQHEPRJFGKKKNPROXad\VS[ae]UTXZQOLCNUQQXWRGJQORONSNLJMKKSRECMMGGFDKWVLJNMNSRDHOSRJJKLLOSLMMLMPYYUT^UMESUNKPKKHEDFMQV[SNWXLIRZXNGJTVSKOPOTWOGMOVV]\UPPOPSPNJHAEZ\]]`c`XTY\YX]_[RMVZTOYhkieZ\ZVTYXT\e_VWYYVTLCENY[NUXKORSRONOLZ\UQMFKHJDT`^]Z[NQWY]bgg^S`kgXTORQPOTZ^][`]b`SGV^XPSTUPSZ][Z]\YQQ\Yed]W^`bbea\V\aeg]WSXa^RMSYVS^b]VRRZ[WRV]a[QRVNMW]\YQFRMNS^fb\[\Z\UNJM]^ZX]^[KS]_YZ\YQQXYPLOOTX[`_^VY``Z___cc^\Y]UX[XRNUWVSS[[W_g`MRVVW\c_W]cdcb`Y\``djlgXNPZ_YGN[^]\[\_c`X`ijb[begaQTQUYSV_[S^`WU\\]efih[]_b\M_oobR]demkeeafkipqoonlpuwphlllkd`d`Y^^ch_Y\PGKU\b[OORSTNTVY`e_Y[Z\YVY^YVXZ\^cbd^Z[ZMIS`aa[QLS^cHLSSNXZ^\VVUSNKQYZWVabeaa]\\WSQR`jeXU[b`]^_gh^\SS][UFNZ\_``_aa[R[aWU]cbZY[Z]cXTQY_`a`YY[WOTUJLLHCIPJ4CNTSMSPSYZ^\[ROOYahhcY\VUWUUVSOHOSTRN\aa[_WFJTRVWPALWUQPSZYXOMPRQMNPSGORPJPWRJHJCIOQURJGKGC3GOQZ]_[_bWX_jkiojdbc_^ailfXS\fkbQSV[ZUWVY[cih`XSRNLKPXb^MJVSKCOTWZa__W[[R[\SPU]d_VUW]bZZ[_^UTUUWWXYVV_^Z]\XTVeeac_Yc^bdhifd_djnd[V]^YV[[ZZWRPVe^OLHFW\]\OM[[ST[^b]XZehmgcdcaWJUVX\XR\ehf[Ya^\`bb_XQZWPVXX^_]`d_Z]Z^gklwypslbTjyvi`ciijla`cggcjqxuvqrunruokhe^I`jihfa[TCFR_e_YYYZ[WR]^XZb^Y__WTV\_a_SXaa]\XXYdg`QU\_\WPMJYjnlQ]Z[UZUTNUVVVURW_]YY[Xb`KLQTU]V_jf\`^QLR`cedd[XRRTOOW`egb\X_fZP]`b]b_YT[`_ZTJPUS]]Y^[TTYNPNC6EMKPNB@IQZRLNVSMV][TTNONUahdgaWWSIKRQMJKNOPJOQPRWWLJTVUPJDVWPGAFOYULJMLJORUQQRRJDEIB@IHCJQPUWQFGIEBDBWkcUPSXSUSPMLHLMSURQSVSTQD@EMRMNW[VO[ac\]cd]`XQMWNRUOPRLHW\OMV\UIJWUU]agejupbENVXUSZ[[VLOUh|ylbb\ba[RLUYNVVPQQU\d`_bmx~s\IRW_hebb\HFMNKQSUYWRXMNHMKBHS\TMKRSSXXRFLSYYTSROFGHNLLNIKKNUX[^dcfc__c^ROQRUQE@CKNLJPSO]`i~Š…qa[^jkgb_[ZZTQX`__WPAOJKRYDQZQJDLNYWSYVOKNSSFGNORWWY_XMKMLLKNRWUTXcf`\[[Z[^cge^[VPDJOPVOGEMTXUPJNKFKLNLJFHNUVZVNPPQ[WQQLDJTSWXXRPRMNTVSPOTPGKQTPJJUTROROQVSLKORVYWZ\ZVMNQPMQZWY^YPLHKNOSZVUY]XVY\OKY\TNVVSVXOKNTSRPT_d\MOUTMUTU[^aaWS\WTKGQVY\\OLXYUPTXUZTDJG9@LOQRX\ZYacXIHW[[OPNORWWX`_WNLHIKT__\aed^QVYOMZ[TFENXTHQcf]^_VROUKHNS[]gkmnjgfccda`_WRW`VOQVTVUY_fedb^\[WUJGKJQVNEKPU\^SLEOY][ULYaXNPZ\XW[\UKSQLRHPUVOR[\UIMQQQU^a`UOUU[ZVUXZ]][VWVagf_WZ[_a`c^]e`V[`edcaa`_\ZVXXX_aadZV_^\dcX[]^TPNHK\aYZZOR\_UR`e`\_ccf`Z\XW\]YKO^^U[\[hng[KWb[U\ios}yiU[`fhd^YKW[[\[TZ^ltnjgc]P\`_`dWMRQZ`be]OEPY^^bbeddhbbVNKO\a_]RRabWNSRMWdkjed`d\_iljbacWV]be_WRKLTLIY_Y^a\JH`g`UYTPMU^__`a_]abYRX\WRSXZXY[ZUaec`a`[T]jgbbZQ`d`a_X\ZMPU`ZVUTZ`\W__ZUISWWTOX]\MLVUQRUTTTZ[ako`^WBEJSSNHIPTPZ_ZXYKIKGJXda]ROTRLPTYZXNKRXXRNT]\SOTWP?BLSUWUYZTWXHGQKBGOLF=>FLLCIWWQQQQPL69FTVTUTILQUOPQOF>FOH9>KMMFPQNUYRGGLEIRJEFLRROTNOMQQSRUWIPVSFNOOOT\hu……{fZ`\[[TJOUK8JVS9Uggiusi\Yb^aa]Z`e_PMUddd]QCY^XMNVXXOLWXYUQX_\PPQNILVXZZZVTUPHSXTPNRW\ZSNPQPUWVN[`]`bYWYTJMOPMKFPPFOUNJMJDJMMMIDLVY[`^XRMKJLSPJENZ]bb\TMQIIGFGLTTJDAHLRMMTVRJJPUZUHACEKIPV\UOJOMDNSOTY][USUY[^]fbKRZTKVUQJJUZXZYSPOTVSWZNTZZ[TEUNRVQRMLWaekhd[VULPYafca_^XWXXZWUGDOSRNLSSX`_YPUWQ;JPVKIYTSLWZ[[ZYWTRRPIY]]_^YSU\\UUY]WLV\VEFS`a^cklYPNMLSXZZ^egghaQP^]cd[U][YQT__\XWVY`_UMHUYQOPGPPSWUMJIBU_aZRR[[_\Z[^ZPPUSQPV_`\^]^\XQQRRTZ[OLSQPOPW\]cig^OGJQY]aaZXZX_cb]URSXRM\b_YUVYZZYY\XXVNW[]]X\\V]W\bbZTMU_`[YNKQ\gdQT[VV\bab`a\[adh^UY[[WX^[XVWVTahdhjeWP[`KATfffryul`^dh`XTRU\`]]_daXlvvooqi\LW`jf\LIAK]`]YVYVRQ]`_b`^\WUTSTY_f]YYZVPNGHOTU`ln^VZ`X\gjbchia_^YRVPVU_c]OXdQQW\VV\WVXXRNRT]`ZX\WW^WNSX[]\`c___\VTW][Y`b_a`bbc_UUXX_eaRX^ZSVXUONX]_Y`dd`XVXRTTSQRTVLMURLJOZ\UX\Zbg_[M8=QX\XQANPOOWXZWQMNIDTZ[VNJLQLQTTPQUU\`\WRY]TNCBKTSPPQPTSOLOVXK;HIGHIFFOQPOOEJE?IPNS^`_ULIJWUXUTTHLH:@=FUXQSPJPY^TBJT[]WQT__\fz|tbYQY[Zb`YUVTPVMKLRSSOGHLPW[brsxraNDO[UHMOYUX_b`ez€{bR_^__[ZVYRLZOBCNSRVUTTTRTfnn`QSPQSQOMLU\SRJKKQUXYTWZVSMMUOMSX[\WUPNNU[bhdXLJC??6BHGCDHC?EB6IRMLPH?HQSZ`YL?EJLG:;9CHINIEKONJKKLUSOQPVWIGOIGKIMQ[^VQPLJLQHAPQLLJECCESXTVSVVLJOQPSQDHMX\XH;HNWTQLQQQOIIR]]WOLMYZ^[QMKLPNVdll^XY^cd]\ZVQ]a^YKT][TMGRPAMUSQW[fw„~sgeZYXXW``YQRZ^^nqmke[OPXWXUMHVTVQWVW_dbVSQSMPZchddd_ZWSMROGLD8BLJKUZUKPIU\YQTPJMUTX\\TMNIDRUS[YWMAIORWTV^XRKQPIKC;JQYZZcb]T[[ZTLMTMLOXei]MLRRMOLGJR\bda_PFVYQLOURVVSMQUOJFQXUWYWUJ>IMQLNLUWYZQA>T_a^^bUPLKN_d^WTVQNG?ADKCFQWUGMVXWSOJMLQSKQWR[aeaPLJPNLU\WKSRQTTOKET[UT\b``c^ZZNMUZ\]TRV][TJO[P;;KRMTRKNOORRQJGHV^\XWYUSSGN[_bYQO\[ZSSV_^UH@QTMMWXXYXSIGNSVXUNPVJHFBGRT[`[YUT\ZS__]XY\c^]jpkjkswvoeVRSXVV[\`a^VZ\QJNPW`e\ZZ^`[U[ghcgked`_YYWTNMOMRX^\]_]Ybjf^]a^XVRS[eifdfc\]ihaef^Z]VQWagbVS^d^^ZVMS`_SOYaUS\UTTX[[\ca[_c_ehhfd_VSYWV[[SOTWRUWSNYa\TUOR\ebXROVejh\PMWd_UXY^b\[[[`_VSZUW^`Y[ipssi[[bdaWHGNfxzs`WYZ]b]iv„…vhafjkjdXZY_c\X]RT__XXLDRY\UZ_]VSWVTRYXMLWX\``]_`^YWZ\Y`c_Xa_RP\XUUTPRQVTLA1F[jaZXWU]ffc\TQZONMQ`][YSRWYWUQUWZ]^[^aaVXc__b[XZURW]^_b]^_`_XTWTK\hiaX_fg]YWPN`hb^YW\_^OQSPTTUUZ^Z[XHKQYKHSRTUTPVXYWfng``YQFMRWYPMSYX[SXXYXULLROPIKRUTTVRNPQSRPQSakk^RHECEHD@II?E@QTRRN]^^YSMSMDQXTJPRQGBFJQX]_\VPNNMOQICNVURSUTXU\a[ZXWNEOZhg_JILMFHBFSSUYVWZRFJRLGHKJOTTTUVNKGOUWQOZWNNQUVQRX[XPRR<;U_bfUORUWXTZ[XOVTQTNAHQZ]TQZ[SFKW]YTRXSQQPTYY_cgcWHCLQVXURSWVNQRQOTY\TMQSYZ[QEUVSVSTOIOPVZ]TQUUOUXVIBOVXUOJMOPXYX__UROGRZXVUX_XOSceWLPY_YZZVPRT_eb`[XTWR[b^X[\]^ZNSWaed`^cXO?J\b^]WZNLLS^b^`b^kvvnbXUYWWZaciibYNTNLLRQS^\U]_]YSL[\[_caQY___`\SPRLMU\Z[]_]bd]^bd`ZXUOKPWYRYZ]_gbN]_TRVXbedfa]]eb]__]ST^`]PVbe_[XSTVVZWTQ^aWNVab^]\SQ]ZNPVSORPPOX[UV`efd]RY^]TEFU[edaYWaheTWcieYU\]be`VZ\egehkhigf_V[_faXPML^jpoj\ig\Vel{Š‡vjaWc```a\ab[YUOPSWV_]ONYZXSPVOPWWWUSPMUTOLWZ]de`TIRQS[XQS]]WXUQV_^URY[P=DO]\Y][[ZRb_YVPOPTRVcfig\XQLWRRUW^_]U[ddeYQ`hfba]_[PKVbffe\Ucg[V[a]USae[SYa`]b_QW]ddge\Y\\^NFUXRLHKTWWZWSLFSLV\QMVTOUXUR\afppf^PGOSYXTUPLTWSNQLJEKLIQTU\\XQA5GLOPORQMU_bZUNF?BPOINRUTPEDLQMGPVNGDCJOU[XRG?ACBGDINMRVNKMEAOUPNORQH@KSZ]ZPF7GGN_e^SNGJIFKKOV_]VQQJGKPQMB>KKPI;EMDNUWXeon_OJHSWPJ?HSXNHOTTPVUNFJKBHKKIJV^XXTK>FRX``\Z\`b\L<4HRXTKNLN[ZYZWXcbUX[bdc`^eXRUX\^cfl€gYW[ZSHQ`YMN\_WOVUbe[INUV[UJKQVUNBNPUSRNGTUTQNKSX]aghbc`U[]\VM>UbYSLPTPGPTCGIFDDIJIPQUQKPJFJQSPSSYWOMRNMLM\d]UROBFGR[\RPNJNRTQOXYPKKEFIHMNNHMPTWSQSVUPJPQVXRRXUOVXVUTRWXQLON=7NZ\X@GVYWTWZYSORSTYXPMOXZYY^\OALW[^UWXPLJQUSUTZ\YNGGHSZPR\[W]\[^ZOPYefYHO`f\OLWUMOJRSPJIIU^YSPSX\\\WUT]^[SWXYZWWZXTRJKKRXYO?OYUQSZ[Y[YWVOLVXOPW[^_WMYfkb^bcSP[ac\SY[cdc[`caULUglaRNUNW[O_afaO^llfed`]`^^ekmlgb]SJW[Z[\Z]]VZWJJSUSMYZUX[`_\[UR\[VSNOU_dYW_`ZYbc[Y[YYTMPOFNVXekk^TUSIZdglidXOKV[W]\XWWUOUWSV[^UOWXSQXTBL\d`X^`[WUVMT]]YVMHDJRQO\b\_eggcYRMTWROPXa]]aXY^`YRS`geZLOGOghdb_jplkk_W^a`XWVPRPV[`cju€zicf^gtzy‚†zn\_fnqg]c_XWZZTURM_bZXV[`]ULQTPUc`\UNPU\\[UO`ebVQNKV]XKUad__aS]acZM[]Q?GHagc_WW`\WWRKMFEEIGR[fiigb\LGKW_ehhf\Y_b]XZej`WX\^[YXQX_he\^mmbY\ZUWSPYOKZaYYee`c`^_`a`ZUWWTZUTTPLLMNPRRQBGR\^RCHKOU\VTNRbswpf[UOLQSVULGORSSIA2?UUR[^W^_YRHAB@EGFKNJLUVXWUOBKQJJRUUVVKBGI=8LTWRHCLLKJMGGHJIHHG?EKSRKGLHGQTNKHKFACQWXVPHFJPOQV[YNLEBG?BMOV]aXQQRJ@?LE@KOPRMBFJA6LF=aopk]TQKQTRPPRLHLPVNGDPQTSPEKOWUKQXWPPGFHPS]bbZWZ[ZUCLQNLLJMPCNLPX_cdjjspd_ZKPQYOOUZabgpˆ‡wdSNZWXQO[[MHSWSPKU\cVJPNOQS`baYXTNFDKSSSMCKXXQPWY[XV\]R]ade_]__^YZVYab[JGIQZVN@NVTTONAASQLFTVOLKX\XLKPJJOS]`WMHNOLQVWXRQPQJJNSQPIIJMMD:NSSOTVV\^`ZSWTG>KRPTMSMFLKLIOUW\\ZWPNRNRVZVK=HQNJTVRQTTKKW]XIOWUOWWQCHNSTQKIPHFSRUTLKPWVUOSTXSGLZXWbeZXYTGN^cWLXgmbEU`]RIJLX^XMMTY]XWZ`ZY[a^TT[XYVWVX]\b^TQLIMRTVTRSOLSOILY]Z[ZUSQLJQUW\XONN\dU[__OHQUQRW]\\XSPU[][X\gfZFMZ]ddffhb]afaY`debYYZ[_cicc^_ZS[aTPY][^]UKBJUUZY[ZVY^YZ\YSS_a_SNVV^ecY[YNP]bVP\\b^QIGLPTT]jfbZYR?AU[`fhaKN\XGJPY\[TMRZ\YVVTTZ]\[_WSSZ[X[]a`YWQFQURQQOWXRNIMS`]ade]TQQYTONIGVfgc\WTZ]YQY^]\]VQQWed_^fjlhdd\[YZ_Y]bdc_\`fmiv}|m`[Qcggjfmt~ƒzjbdmoaWZWT_b[Y[\]Z`^^adi`QMUZSYbb_WHDR]`b_Ydhc]bVYdc^U\ehhgbc]][QCNWVTNO[dea\ihi\][Vb^SRPO[_agjhe[UPPX]bd`e^M\]\Y[``QFY^`a`\OS]Z_`fmmhb^XKIMOQW^ecUNZ`a[]Y]XVWZVQQQbaSWTZ`[SOOVZXY_GaVMIJPMTURSO^looplb[LKFPQGDHGORK@9:?=;IIOIA;EKH@8U[WWVXUGISSKCDHLLDKRLCHLKOLCOPNRSZXUWUV[O]fe]]^VSQUVPETaecT[d`]_ZOBYWMQX^`a`_aZPV[_XQTY_bWWTY^^\TNJEGQTW[Z\RRTOIPUZZ_`ZXWLILTTSSV[VKPSX]\\XSNCC[^Y\ZWVOV^[^\X[WOV_[ccjqpeR_gnnkjldZSOPMLS]ac[__[[ZUX_ahgb^FCLV[]ZWVZZSQKZa\WWaeZWbgg_ZX][XRQSRK__\^c[QOQQX`klfda\YXY\X]ecZ_aXR^aff]NT_a]Z[^[T[]^^ebQJTVUR_eh`UB?MUTXY\_`_\WNTaaZ``\WTUZYYXYTXfli`QMSUORTZX^dbTY`ZTWV[gjh^ZW]`_WRXY^`ZVWdkmdqxuog`fjjnlginmkbb`dgdWQQgkjd`]]][[YXQae_YUZYXZ^[^c[HLY^^``afiifa_bcYZ^a``aaYQLQJEHQSXWTTQXUU]rjW_dc]ZV^_YV_adcYVUWSZYSZYYVPTXRPQX]\`ad]Z^]bhcXV]\fe\ZTOQLU_`ehdXY[WTYPNZZQFLW]`]SQda]^^a\[WWXV]heXH\\\WUM?VUOVW``lwxkfhb`]\WF<;CLHHCARLPXZYZ[XMFNQQLHD=KVOIIORUWXTJGFFHLK?>DGFCLKMQRKNOMDCIJFGKJV]]VOZWHOPJGHMHMMKHSTSTVRPH>AVSB>KQQUVZSMIT_YHDKZZSOQQQPHKJPRMHAMW[RQQNML\ehiaTRTXTNYXSWWYQMJSSM\]Z]_ZRLTYOEKJMSVYWPLOUMQXTPVRPI<;NWJ@MNUZdmvwvo\RGP\YOCPODMZ_dfpy†€hZU\^WVTOPXXUU_a]VOGFFQWZ[]bcdfYX[VVYSILPNORXXRUWRPTZTNJLPPGPVXUHDS[ZTD9CJDJUYUSVWS]`aYRUVTLRVSOORMJMWWRNNTTTROHELIKMMRRJLPNQQMIUXMLOJSVWSQUVQFKHGOULBJPPNY^_UKNFBSTMNLROIPFBEF?=JQQZWVXXNEENLQVVNSWULMKPQIIRRYVQLI9<7:@@MPQJNMOOPQRZZ]Y^ie[[a[TWLGLQROPMSTZZbfe[SSPNV`Z^\_]]bWTY_^[YY]ZXSVTUWTQMOLILPX_a__[WLNMTSVUPXWTST\XRLP[ba\\]TRY]XPPUMV_PTW_aa[Y[]][]`YXbfjcdekg`U[cnnha_YYPJHGO\becda]ZVW]WW`]RNGFFNVSOMSWVQRNNXZUU^^WS[aaVAO\`YRDK\`\TR^ie\TRQSZdh`XXTVRUWSTdgc^XSVcjmh^HO]_[X`b[QNUX\_aZ^d\SPXdhbXUYXZ[RQVRVVTTPQ\^\^]WNPUUQ^^`ZY\ad]PMNPWQTY\df]Y\`_VZ_alooifcdhi[^`ZOTWY^blplnyxto]]biged_X]`cchlpkbZ\_dfic[YWXUMMUVYVW^c`YSPDR]XPOZb`UTZ\acb]cdYOVa`ZRSPOQVTVRSTZZUMQNQRRYc`a^cZUTZ^a`[W\_a[U^bUOTQ_gbYTVTMNZdfmpkfedefhmfWUUZaf`SVZ`^\X\fhbVUTGMJHNVYSMRW]b]RS`_ba_\RPIPNMNS``QJQ[[\XZVQNV[][]boqlmkb\_ZOBITWPKUQCFNMUYXKNZXSX`aWG6K`bUQSBIWZSNNNSMIKLIOUVKJVWUYYZLKMIKRQMPMJPPQMOSGHTTLGEMHIVOQUNPYac]QPWWOE;C@AOWVYWRZ[TAKWXYURPSUSMZTWPKSQQXT=FKHT]ab]VTUTY`a[MKNQRGCHRZUG?MRPPSQQYZYWUZYQID@EGJHPKC=HX[\\[WSTKNNPRU]NIMUYYOHOPNH?KTWTHMSQMJJIQPOPSRRKRVXZTL5?GKSWXVSTTQOOVZXW[\UKLICEFMQNTVSLMPPMPMKTUE>KXZXMPVZ]YUVVPHFDONRPOE@IPRMRQV`fga`V]jkhaYWNNKQMOKV^ef_UWZY^_ZTPOPTVWWSOLNLCS\^`]bb]OJJ?KX`d^URUQGHBBSU]a^[ZZZTTW\]\_eeec[Z\^ZTNJV[ZU]ifa`}|xt|‚ydX^_XOMXhg_]RGS`\TOLCXb]RQWYUROICLY]VMQNEGJMMGQUV_bb^WTLWbcWMTV]\RMNPPZ]PXYSJORQLHYbfe\XOVa`ZZ[^a[STYZc`^ZU\[RXY`cebWZ_ZVZ^YYSNTekgb^]VUV\_]^XVRYbfd_Z^[TREJRLAKLPOO\kmdZ\aaSMMXY]dgaWWcgkvytf^dbfa]`bfhgu…‚m]XWZ`ZYZWWflcfg^V^a`hgfbZU]__bjihbaYVW\]]TSNNSV`efc^OONLSW\YUUYc`XJPWYYTFBNV[egd_]YWXZSS]YTZTUR^da]]^UW\XXY]gg_X]WPHIMUZ[^[\a`eeb[S_f[IHZZ^c^NIW_dga_^^\cf`[WU]bb\POB@Ygdb[[U[_`VYVPPJMKQLR\b]SHCNOLNUVRKLFMOQLLTXZ[[VVVVSOQLPPYRHLMKHELWUQNVZXOHSZXUOJMIBT_`YUUVTPSSYXUNLDIPWXVWMJJFDGDCOMFHONFAGGJHKV]`XSLKEGIEJQROCRQLA>RWZVTJ;8NZac``\S[YZcc\YRC67HTVSQOMXZUIEJOMONNMQPLY`ZRF=D=C=7BONQNT\b]TUQKTQGLLKMJNLSPHKTXWMEHKEHPSSWVVRFKQLCALOVYTMEFEHKPUWOPVZTPIMQQPOSQNPUPMP@IJHBJJCGTTSPMSY[XYYOROPJ?DLXXSMOMPKMNHG\`\W[[QZb]UT]XJQOPRQRQYbd[\_[WTPUYSUXUNQV\_YQQX_]\[ahe\UUPSZWRW\[`]VRRMMOUY[Y[`_WX^_`^QRa`[]XNUbe^V\fhga_edcV|psy{xnj`]YSRVWWX\WMT_\RI>CceNBMSYWUQNOOPNVYZWG@JUUS\ba[]RRKOUZd`WRQRZ`XRPMNRTX`[GDHJTZT\_\_]XV\b_NLX`ecXZeiicYOP\`^UUXckifd]WYXVUTTJP\he_^aYVZ_`\b`^Z_b`^VUWOHVVQJCJORIOU^jj`YY_g^MPWVS]a[V[egmvqf^agfhdY]eeegvuga]dhgaXII]kjhibVRZ[de`eaRMU^\^add]SXXY_[ZSKPU`jljeZOMTX^eb\KU_fa[XMOWa]XUWXVYZYUNLKOFSYdaTU\X^`cmmdWUUNDHYUddV[`YUQS^`dc_\[VZdga_dgicVWX[bf`YWY[_dab_YQZ`\YVVU`cc_\RMbjfXWV]befbNRMHNY\]XUX[XTKOVYURHENP?HNIPQMKPU[UPQTZ\Z\SDCIM:EJF>@MUWVQMRLJEJJLMIJNQHHXXVQMSYYOKKMRIHHCLNPOSTG?ABA7JQJHHGBC;3JQJDU_]YLKMGHHGKPRPIRPF8>RSPQOKFBL_ehc\\^a]Z\SIDGJB;NRQSOMRIHLNJGHMKKQSQPKU[UOHOPIDGDGKHISXPHOWQIGNNSTURSJAFUQMPQIMOPTY[`YWKOVULLPMOaejpuyysgUY\UUUSQPRWWZ\Z^akokfe[RVWUWSIHEOVWYWVRSWZ\a\enlhbjrpum`QLUXNI??JPKLROMT]`VOTTULJKQXYUYYNK@MYffaQIV[[VPKDIQQVWXZ^\^]\[WLRQRIBQ[TMNNNIJSUUTQQNOMIJTXUSSVYVYWZ\ZSLROLH=GLNX^SKRPOORRWNBAB>EJ@DNSUZR?HOMHJMNHGQQOSSVZXVRDHG@GLNTSMORNMWRLKQNIJPQXYYITSGOY\UEKPTOHS[ZV[YGERX[[\ZZMU]TRTVIJUZ`d`^_ce`ZWUXYPOPPVZTGHTZ]YXOPWSINX_`IO]_\\VBCU\UIIWa`YVWDJOX\_XUUT`]ZPYbaUVRH[b]TWabdaagkne\zrpopt|}qf[XLTXY]b_RV]ULMPW]VMIQTSLHOPTLMMKUQONMMSMQ_efVA/BPU[^`YSORUWZPMLCALQY]OPUWVLYb^\UOKLX_\RS^b`a_bfhdb^WLOZ]_\\\Zcgmh_QVWHRXOKS_cd`\[US\_XX_^W`fkhff_WX[ed`XHPY_T?PZ]`]YS]gg_TNQU[ab`^difmuvvpgffcXPZW[cp|{{mf^bnrqbYSU]egjh_WR_a^Z]]TU]bd`RSXX[YU[_dYRPZZ]fhgf`V]ZX]`a]VP`gg_ZTFY^b_W^a\PPTNPU_]TGSZ[[XUIP]figb_WWQKKR``Xad]JT\bikgdeaXZ^ZVY[WY[abecedcad`][bf`WTT_ab_\XZZ][_[WU_bZ\]_^dhed`UVIHLUXXONPPJLVYZ[]VWQLLEENQTVSVUY]ZVMSX\[^TKCMLAEIDEECELMJFFC>DMOY[VKDEFS^`[UKMTYXXZURCHSSQPRUX\UEEGSPHF?HNLORQIV]SPOKNIPSVXUQONMNVJLUVMHMKLMHFQQJMZU[TPV[W\`WEEOOOGHPTNGQPLKOKMFKUXTWRMOMPWTLIQUOJGHG@6KVQPRPQTUYULCJLWVMAHRVMNSMPTNNV_d\PILMOMQSHFVfbWbt{eMRWTSWRLCMXWUUT]kwqbU_^X[RZ_ZVSLJSYULKRRWUTTL^llib^fnvxlXMXX[ZPAFLOKNSOPPPUK?TNJMNKORTLJ=2T_^bZSOSWYZYRLTVSWWNPLSOJTXWTUUWSKQQNMUXYVRXQFIIOUUTQPS[\]VSPSZ[YVXJ>KMLGLMOKSVM?ILSRSOIID;>GPPOKIG@?=MTVLHOXXWOORROSPNL?:HMGFPZb]VSPPMLKDLLMKMIJSXWOHJNPMNWXPJJPPLP__N;JTGAJRSZW]]VXURXZ^]ZXWbbXNHMU\\Z[Z\VQUOJKQTTMSWUZ`\UPO_d]WSOMHIW^dfOS_ZZ]WPKZWM9G[b`W]ZPONR[X\XXRW_d_^fcZV\]YYMQWYQW_\_fouol`ZdYkv{ugYVYVVZ^_\RR\_\SQ\`]QKMTUWXbe^RVYQSROQPRRWZ]^faULJQX\`\YWVVUQOJMTRQVW[[VX`bd\[d`\YVMNVTOLZdida\Z`_TW[XJMT^b\Z[\VYklZMT^ZPSF8OYVQYUWT\\\PK\XIUchhprlSUeekibY[Z``PQVUYXWUV_cjbPU]`cic`cc\du‚}pf`\UMTXUemvytjY[gqsnc]b`\`\X^]YV_aZZ]a[_eecdaYRS^XY^gif]^a_W_ecfjlljc]XVZO[gle]NLKRPDD@V^`]ab^UYee\SW_YZ^VJMOOXed[UVVQPXa`YW]\RYab_b_b_WOPXWY[THU_fhcaZ]Z[\ZRT`b[QX^]_[WQOKOPQUXWSRTXY`aYY`fbUNID<@JHNJAKQRMQUOKLQQVUQFLLIRQQRWWTZ\Z[`]XVYSHHJF?DKOQRVXYPONHCGSX[XQME7DVae^XJBJORX^\SLGLSRSPT]^WKBGVWMGILEGRVUVW[RIIOPSSSRQQRQQQHMNLSYZUKAIKGR\]RKKTXTLYYUZb^UMQNFFITWRFKKIIGD?CCLRTRNOPCINPJCKPGBMPROHJHQVSURTX]YPOKLOXYWXUSRUXQTWTNIMNG?LLLGLSXO@PVYMj}†n]gj\PSJLNZ_\WUVWkzwh[[XY\QOZc]]MV_d[>CMSSZTBOUhkf]gikmlhWWWWZ[PB@FMJJMSMCJPIGLNJ?NX^_[P;3FGPVSFFC=AM[cbYVY\STOJOMNNLIMVYWQTVUVUPT\a`YTLG>JNLQOONOUYZNHGGK\daWSIBTWUPNMLGELJFGNVOFC3?>:=OWTLJMB9IKTTWQV[ZODIOONRVYSJA=DEHGNV_^^W[^WGNONKMOONJIHKJQLHJHNWVSTHCMNHSZOM][P@MRTVZ_^]ZPPTSOUYZZb_UOJITYWQSZcZSE>ES\YRLOXQTZ`^YXY`]SI>?JW]bad`VRS]]XVUVZ]XRZ`\MSVWa[QPZce[XX^d`bd_WNWX\[X]`YRZ`gbbp€‚whPV_jopgVQTXTW`da`[^lm]JW[Z]Y[\_^]_fbX[ZKNWZWVRUX_b_]_XTSOV[\YSSYVJHSUMW[WUS^`ZWRUZXT[XPT[[[^TSYWT^ca\\\Z``_\PX[dgc\\Y]^dibXTSI@FNZ`c\SXSNV[^\X[]`WW[bbhniQUeffg_[WZVZXTX\dc]`[OUbe[chffge[W[_apz…vm`ZTKW^[fmuuiV_`fqnhhdfieb]]biaV[[VUW^^adb]ZWTGJTUR[ahe]V]\Y[^VU_deabYLMI6OXXRGOZ`dcUSSROPVa`TP[`]PIJPTWYUJWdf^OZ_\VZWZ\Z\\UTSWS[bgf_ZWWSSQKUUSSU\eiidSSMSVVUMN`d]U_ecZYUYWZRMQYWNNJ]eZ\b^[^_XPWRAFKPNNEDNWZYZPEBKMXV[\\YPPPQVTRQT\cee[VQUZTJIKNMOEL^ab\TDGHOLP\a]POMGGR^c]WNEHRUSWUQPMNOJNPOQTTPKPVVOMPPNBEKHJNHFFLKMEIGLLQUZYTOLMKQ[\TGKT[_[][_aXOKHKSSRKHJB>AMWUOMFHLLMORWSQGIUQLOTPIGKPUNMQOPNQQMMNT]\aa[TNNUSSTUYVNFHKOW\[TGEQOJMOTV\Y^^SJJHITWQEMRJGX`a_[]^Z^YQY[UIQVVZ[ZVV_^TV\b\U[]\SOKTbjjaYLBQ\jlefqyrdb`bagomc_Y]XLV\_^^ailhb`\V]_`^_]VRW]XUSRW[`^ZRSVS^__\][VQ[YXSFOY[]ed`YYVVUM^_YOJV[WOQPS[ac_[WW__WZfgfgeeijgb^[_abZYWZ^XT]ffa[VOS`efb\`cd^PR_cced\[VUYPSZXQ]h\Y^a]ZYRXb`[\eecge[PMNP^ijedgfTJY^\knhileaTYeegdmvyrfb[Y\_gibcgfggddiha_aZOT_`adaVPLQTXZO@OXZVQV_c^YVUZVQZZYVPLRWUPRWY_cbec_Z]][TLVVT[baZPEIUa]^\[[bhbW^ca[`]TUZZYZ^[WKMehfc_baTUTSX\SOVXZ`haUJQRPX]Zbc`[X\]_\_bcfjdXUXZ[\^cdYaf\YX\WV`bTKGHLJJ>@@B?BCOajdXLJKKONSWY_VNPKDNOKNVYTQOPOPTYTZTSQVPMLNOJGMW]a_UMOSUS\e]WQCCFOMNRZ[[cls}~vwtn_Z_bbXOPS]ebbzˆ„cWYRFFOQX`a_hj\RRVXKKSJIS]YMMVbhjg]FNMORPNNAHHAKJGLALX__YPDEM>KRF-/BOZUQFEFHQZZWZVQWVJMV[\YVZ\SCCHMTRQPSTSPPLMSMFMRIQMHGKNRUU[__WNSSJMWUIJOPPVQPPNIJNPSMNOIPTPH=CNMFLRP\YTKCEKIOUWKHPOJIJLMQTUTOPSNT]_^XYYXYSNRUYYVUPKNONTVZZPEGHIGFLVXSIHJLPVWYXYUMQZTHIMTUVSMHLL[_\ac]XJRG;98EMGLNY\\YUMEOVNKXY\`XWZ[YUNKOQTOFHRYVTZWZX^`[\VMOPLITXWTX]PFKIKGPZORXbcYRLN`lmhUYUQ]gmnrvtnjje_W[_ggb^[^a`dc_cf_WX]]_^^c_^YOSPEKOPSIT[aabYU]cb``YY\^URW[ZWUYWW]_b]ZYVRUV\UN?CSZOBOQS[ZRW_aZ_fe_]\Y\\_b[^`^Yb_\^b`[\RP\beZTMQXZ__YM[]]WLZbfdee]RMRRMFMTZ^]PRZ_bebQLaeXVS\UX][SIEQbedXU`d[Y[\bhmx{zqjed`b]cr~†j^^fcjllkddedca\^Z\[[[bbbUVbfffec```ZKRY[PRRYcd^]goj^_`ZXUVZ_^U\]W]eea`YWWW\UKTZVRY]]TKK]dbZ_imdcMH[SVWVUTVZUWXTOMZejea\[_]YVR\[YXYQIV``[Z[VJQ]fig\STOT[[VUWW\^XUZ_ehd\NSZZS]b_\OR\RUQH;A?BLS]\WNCJKIDHM[QGRUOPKHKPTRTZhg\PS[[SRZZPG=GLMJEEINQVOFHOUKOUMJTWZOJWYUJSVTIFEFJME@IFET]XQHEEKLLACNUZVJHHLRWRKMRND>EKKKU\\[WQTRRNHIIUXTLMMPRGTXVRVRTWTYZJAOQOPNHCIPICSbe`TKMNLJIOXbjf[SHGRUROWVRONLLMNUYY^UQKUTNMLFB@IY__ZVUUZTV^\UPKQTWMCEEGViihjirrnkaQIW]daWOOOacdy‹•ŠvUXTG5?HMQUY^^MFRWUILPKBHOPJO`mmnhZKZ_RLKOSMKIA>>BGIOYaf`SE4@;:AOUAJT^_WLAHR^a[URMNYUNU\YYQS\[WOMUTNNNNLJFOVZX[VTXZWWWUTTJKPJLSZY[UK>IYXLRWQLHDKOUPEJFIQZTJVWSI@IPJNRPOUUSNB=HOQYZX[THFBML?;EKQUVRIT]c^RRPCFOS]ba_QKPOPIJVWORPRUONLMPPL>BMPNKPZXSSQQSPH=JVZ`XTTPNQU][`c_UTWVTZZVYUPQ^d\VUKKUQCDX^cccZVRWZYZYXZSPRZ^[XNOMVYVW^YKBPWRTRVWT]][XRVW_\XYegg]SW[^]_`_`_U[a^bismhfilc`Y_^_[_fkf`a_`a\WXWWbgfcbd]VMLUZXVTXXVVY^_`W\]`d_URX`b_Z[bb\]_`\VTZ^^``[bf`OFRSSPMSXXZZWXb`OSba\TUUNMPOMP^a]``]a_\[XZZ]^gfUPZXS\d^NSVWPDNW\ee_SIMSMIZZS[ZUT^^ZY[XRShfXROSTSYPPSYbfedTMRUS^c]Wfo{|urme_\XXZf|„rmhqvobdokbX[_cb][[edntunh^dhljhb]`^[ZYZXUTWSXbbdmsqgZVSZZSLOUVYY^\\XXYYWULLMK]`WVPRUZUQ[hh`]deb^[LIKTZ_WUPNSRQSZYZafa]^``a`][ZXXXUVR]^WT[Z\[VX`idVMNMXWYUSUZ[^TOOVY[YSQRQJNUSXZQQSTVVQEJKJSW[[ZVRKD=IRQN[NCOOPNQOKORSKZhi_UVVPNLQYWQPKEJFDDMKHHILOHGJPTOGUNKOKTXXPOTSLEEHMUXTIAFGGSPEHNTXSMINTUSLJGIRXXMJNMMC>DPOHPNRWUMPVWQLFGOFPX\YVNPVSSRNR[YQJJCSYUOLHHU[[SUVXJHOSSUSLIP_kog[SMHAHRUXXPJ8@CDFQWWLLPUTQMJA@ALPY\UPPSTMECCFNZ]XOKALWRR[d`b`hktyr\QRejf^WLNNW[rƒŒ…x_XXMFNPOLSdpodWORTRJ@BBKPSOCMX_c]WQGHKZ[dc`SMRYR?FOR]`\PIQVRVYTUNTVL@MKLNHHNRTNQUQS[YUUPQQFPSJHMHKKGKKQXSLPOJJLQG:9?FHA:IMKHKJNIBCQTOHDGHKZd^NRTMNG?GQ[^YMGJDMUQLNOISXWUVSNGRYXXUMFNP[cjf^YVH@QNGPY\UNLQTUV[VR_a\ONRM@BLLV[^\UMTVPC4067PYRKJFM_da[NTWbns~„€u]U_ee`WWRNKJ[x€€yo]ZXYXSCCLbvyp`QONF>EOSVXSS_o~|xtnaRHHLRQLD>FOKBHRPGIJOSWVPQTRYWG>?PROIIHPRPLSWSRQL?DSUPRY]VILMORUPJPYdgbPGUWSUYRLDFIKOV[Y[^\XLKOOZ_WOPWYURUVOCJMIORODFQVUNLPKNKLE3FRWMPY[\RW]]VGATO@FKDKEEKT\^dhmgZM>LSJGHDNUMEPSTIEIGOVRU\XJGQM=CHD:FQUQMQU]a]\]RFLOTZVOUSKDAC=JQSRLKQYSLLMQMFMNGILMH?JTZTNPGDNPHABHE9>NRMTXQVZUWYXUTQQRTW]\RTXSQG>;?FGENUUNGAR]^^a]_a\a]URPHT]_^WU[\[UXZ]kriUPNICMRPUVOSVXZVPCDC=8;MUVWMOQ\a][WW]mrw€{iSYd`\VX[\WNFdq{wjYRPNSJIONIVhcYQOBDEMOJSVNNMdijjne^XITZZQAFILRMGGIIIFEGFOTYZTMNTM>EKNIC;MNRKIIQLOMHCKQORD>KQQOOLPUPIRZ`c\UISabZUUPIILQWX\]\_aYSUXZ^c^USLCC?LPRLLNIMQOMV\URGNTRNONKFMOTVNHPU]ZRSWUKABNOILRTTWUNMOGEKWWTMRKP__TKFPWWXVROVPHHTZYOIPVROQVTQSOVUKGKQIKRQUZ\][Z[\TMKOLOMVVZYWXXULTVQNPXYVYXUTS\ZSRKNOMSWVYUKTVVHOYRLRXYed\VWTT[[[\UPKMUYXYMIZd`ZWUTSOMZa\[[YSOX[WLRTZSOKONLZhfelsl_ckjpg]baZ``_\\hlpjdfgZKR^aZPU[aaYVX[YYPEWa[\^\TW]SN\gi_VPLLNZ`b]]]YWUTUSUZa_\WLTX[VSUTU_^^_aZQU\b[Y\\Z\YTKZ\^VQWhg^`_WLLIUZ\\XNNIIMUUQQOU\VJ:MRO>>Xfhif_W[SQSSNNIQQQUNENY]_^`bij^X]cgaZZ\U`he_bq|yn^aijfb_^fx|se]]abdb[WW^bdlone^fj_W^^_]\VYYDISV[Y[XVXYdgc[bb_d^ZX]a]YWMLNRV\^X]aYUURT[SYaXGIS]XOL^df_LSY]\UNT\^Xhhec\Y__X[\X^dd]\[PRXVWYZ]UV]YRSSPR^[RU_YTQV\acii]\ZY`jdVQNQUX]XV]]SJPY]V\b`\X[e_TZNHIE@8FSVREX^`\MXYRABUNXNEMUPOUZXW]afaUNMOC:EDFSNAERSOIOKFEHNXXTPKHAFFIMS[]WIGJRZTSZYHDEMWVZ^bWFBC?GKDGNPQTKDPCCMQ[XOHHHIDE\bVLOOE?AC:?MMM7=KKPRPW\SRQKPQOFIHW__TLJMME?=?FRSOLSPEHW[TUSXSU`hidXJMUWZYQMR_`YRY`ef\DGQOKNPNISWJLQTPDGOPKD>HRVTTPPU\]^YT]cffwƒu[PRVOMVbb]SV\engVQVTIEAEVYSHHQOQM@?LOJINNLMSM[csvgLJMU[^TFSUTWUNFCMSQKMC@6SULISMKK8HYSKKX[YRGDBJCJMMRRFJF?LTWUQKUZXYTSUVRGHZdc\NLRMFKLSVY\XXZ]_ZTPU\\\`UA@5=LPQJNVYXIAMUULJHJSYZTMORORROLPTULCTVQNHCLK>BPRMONMSVKOY_^LMOFP[\ZTRHHMSYXUZQONNTUQRZ^ca]QLMSUVNCESVSORQLOQZ]VOWXTPIDQY\ZXQILXYHHMQUY_]ZSQPFAPXPBEJNOWZZNB>IROLNTTOT[bebY[VMFGKLG<6FQNV^acZOQMDOOD:=Q_VINX[Q;@TcibMFEDNSPHPUNS\_[ZXTTPOX]RTY\[TJLYfb_iy|p^KEKNPWa_VOTajjTLbdXSMMLWXVONLHNMELRQGEMKCHRPYlx}q\QRXa]TFIMOVSMNNPPJKF@9-HRLEKJEIIZa_OWaheTIFJLLQWVSRPOLGBLUUMIO[dd^OZ^[PO\ca[Q@DENQSRYY]XIG\^\OIHPSaheXGGLGHMLHN[^TEKTULIAGTYWSUQOYWKHJQSPFAKOOYXNNFGOSLDLKMQMLQXX\XUVOJOKOVSPIINWTGMNNTI>NRTYadhbVMUROQGHXZSJPXSIEHV^]SU`\QLMX[XWYWTHMTIINPX\caVRMMHERZVPEHVVS]fng\YXNIFCFJIEUQDLNNPZ]\SVYUWZULHIVTF8KOSHJ`gebbhdWWZ_ZYUJLUa\TW`c^WWRFals|y^SQaN^vwhV`fdbb]_ac_\]OTRUZZXRMJKSTTWSUURW`XDIVR\f`QX]XTVX\V[\Z\[YYVZ\``ZQSXW[[]aSHDXa_ZU^ecRTWeljcSDFNQJOVXNV_^[VZZSMX[\ZUTPFP_ZUXVLQWX\[^a^_bb`VSX]XR]W[e]OEBPZ_^]_VTY]ajrqj]YWU\\afkmjfacljb[Vejnjhmx…‡ƒlddba`a\LMTZZT^cefi_TQ]bYJJS\`VOWZW[UXPPVWVV^XSO[gb`UR^g`SX[ZVSWUMN[a^\^[MVdhiaRUSHMRZYLUTINUSJSXTJWga_ehj]P]ca^OZa]WXVLMT[VUQPPTRUZSX^WT^fc_WQYilfX\V\de^VUZ\SVPPYc`[Z[`]QTYYYVXYPW\\YLEAGU\[[KLQZZWZ^ZOGPUU^^NPV[_`WPHDHPLPJA@>INNFINLHKG?FU[ZTPTSTOMTYYdjnqnaXTMSTNPWRVex}sh]ZdhcXXXSPPOIOSK==JPMOHJQQONULLINWVWZa`]RPUXSJT]TINNRSOPUYQNUST\bWPV^\SLPWbbYVRU[[XUYdaWFFMUOJHJKS_lka\[YVR\]XVRVQI>FMJMRKSQLQYZW\\LGQUQG?DLNLOWPMKHNOIANRONVMLKINWXUVSNMQRIJNLOPQINOIILGKOW\[^a]TKONQQXchic`cg`]`dfeea\PEJOSOEMTTWPB0MWZ]^WIJOKIPTNLNLPQQSat„mONNG?HOSSQTYTSNQWYWVacZNPWee][[ab\Sbs„ˆpYNQ]ab]YUITWaqphc[NSNObnlf]UXZ\]]ZSGJJEJT]cdp~}undhlg_]\RTSQUREDHFGORH>:BMGIMPLERLOJXUP@@?RNTLWXPEQUUSOQ`bZMMRSZWTO[ZUDHOTZZVVQJPVY]aieYWUROSPLGILUdlhegdaec_VRMIEMTTONVV]VSNTVQMQMHNSVSF=;GPXWRLNOC>KI>FNT[VPBFPROOPSWZVX^SH;@IRPNKLMPV\ZY[XRW\YURKHESSTRNFIPSPSNOZ[[[`_UBDT``Yacc\KKVXQRWXRRZ[ULNMMSRT_gda_KOQ\\RMKTd\UV]bee`PSQWPRZ]VXUNXZ]h_TYUQORXa]OJW]YX``^XWX_de]TY]USW^[OGV[W[diqwwd`gdRegej`bgf]OS`ff^]]ahf^QPX[YXRUUXVUQOY^XQSUSX_`a[VVYWVWXXPUZ\WNOMSW\^\\bc__bd]QMUXRP\c_a^_Z[_`^^a`b[UVS]cf]XQ``\ZTNPSVX`lk]OJOWYXUXTV^^YQQY\^\X[WOKN[ii_TUSQNORXOFP_ea[UP^bYUXWPJHHYZadejcco~yjadgnvxmjv}yr]X_jwtmi^\gjklh]Z]aWPZc`[Y[\WK]``hi`YVXZ[dlkf\Yee]SUZ^bcWRAJac`^[Z\SIIO\eg_^`VQ`eXQNRbhcZY^\\[XTOT]XXJL\UQXSQT\^a]\ZXTUSU]_`][XQQU]YVWUOLT__[\_\\VYa`YXVOY_ZYZVV]ZYROPHBTY]``YTT`c[SMY_SRJNQSSKIFBJOLJFP_aZX\UYY[^^VVUUWNJNQWYNPNL?3BLEMSQCKKNJLPJKQW_]XTLPahjXLW^ZKAB9ARWXYWYHKQO^c[WXV_c[NINPY`__[XTHGIHADIMMMQSOHKG9ELLLUWOSPKKG@ILNPR[`^XOONGN`UPY\_debSNPXSR^jh]OPTH9BLSTTKIPVV\[RFIXZOPUPJPPUWLKM]hkWQTOROTRQNGCGHERTOTY]ddVKOQRXSOTX[WNTk~ƒ~sZNO[`a^[XXTJVchibMMOJJO[VXSSRRJNVUHJQJ?JPRLCMVUPJLIFHURQKCRNAUZUJJNSVTMFWXOLNUW]VEIZZUOUTLLVWVUNNWSX]^RS]^USQUXSNQTW]bcge_ddV@98GO\aYVURV[^X[YWQKHPX[YVUPKQVX[ZUQX]D:JMLFCIGLMDHILHHLNUVNLOLCGAQSO;6FVZTVZ[^XY]a[TMF7?KNFKRRVXY[YVV]_YXX_WMOOURMQPRGBJOSNSWVTXVTCPWIINPSafg^[RNRX\Z^VUVSKNagild[FMV[ZYTGIRTVZehcVTVVSWab_XPWXSPOS_XUXcgb\UQPNINTWPX]VX`X_gibW_kj_UiW`cgnnbKMU^cfcbgjji]Vaed[OPY]_\X]ZYXTV\\XVUXce\UXXURXZRTY^YRLQRZde^]PKRWU[WLTRLSV\ff^\XKTX^^ZY^_VXWR`eebXV\]ZUVSIHPXYce^UMHMRa_^ZQUaZVU]ac`QNTQIDTipm`ZNPLAKY[TOV[X\[P[_[[_[RGHMX`]_^XXSfovph`klqrnb`kqrgVOS`cbkk[XacZcif^``]^a_QUXcd^T^``^`b`\V\b_f\VQT^]ZQTX_feYWXRZ]adaYVNPUWZ[TNOUVO[bZQVPZcbdaWLNRWWcdY\^Kmh[]Y`ceaa^\Z[[Z`_\S\dcTUVWQR\XUW[]\[]c`YZ^cf`V\YY\\`aa]TOOKUZZSLNTSUVW[^bcUPX]\ZVNLOWVGELPRMEKOT`\TM[ZQLT]_VZZZVXXQQQTRLHQVWNIMQNGILNLFGICDMW\aa[TNIIPQGLTYXNLMHHSVQMIIGJNP[ZTJIRYYVTLKV``\SBNP?>JTXQNRSLDC@B:HQRLSZWQQVWYhleXURNW_]\PJOQGWqseYWTPEBKHDENJLHGPWSOP]^XQTSDK[[XO@LVUTX\UX^^XTOLBCIJMSVOKPXWUIFPURMNUURPW[[at€zm]XVTROTYRKV^]^ce[OU[YWRX[_[[R?7KUWPMGFDFE>H>KXWRZLIFIOMCGQMQXYLDKONRK=;IONSWYX^\VPVXWW\RCPURTVSRQPSWVLO[\SB@NRQHOROGLWTTT[_UPTNUTSTTWUOQTWQXZMFJTTX^YWOFV^[ZVRSNTTNJJKIJHGEQWQRQLOWXRQTOLMPMMRNJDCEGSVOQSRTY\^]SA;=?MSUJKJMPSYXRKMT^a\TTZRMPUSSVVXURXXUPUUXVXSHAIRMOWPWZ^b]LINMNV[^[SKJPU[_[bcYGAOPYYWOTZ^aeliZRSTJTXZ\ZYVSTTPOKTRHXkm`VUOMMQXYRXceUJSVUaistorxseY[bimqk^VROQ[fif[X[_`RUde`UIKW\[X_`Z[^YY[Z\YVTYTWY[a\TMLU[_\PU\X[Z`^ULRX[[ZUHOWUUWYgf[^]_[Y[^XTRZ\^VOYdgcYKQXXSTRPUYUW[`e\POVac^YTQUUSORWZZ[OOVSIM\`jj]REJSSTce]Y\]b__RUUW__^bfcd`bVKDQW[[ejf^TZgmsmgnwxysdYW\]gql`db_PR[bcW\cgf][`YU`Y[^ZTT_ffgbcb[X\XX\ZLKXZWZ\W\^]\XZ\ab_RTY[_`VTXPLUXTZ[Z\YPXXac]RMPJQU]VISKJh]VQYZfdZXUV`]\gj^YY\SNTYMQTXZZ]ce^PS]^RQ[[_WU[[_[[afheZSPMS]`VQY[Z[UQUa_XVZ[XTTVYUTVKMOTUQJHILQUOGETSJGAMTX_`XWURTRSOLLKJSTTYVTRLISUNIJQTRSXZ[\WMMQPNUUTTJH=ELVXTGEHT^ZSY^e\RQTOV^`YRVVSRP_`]UVWKINLFIKOSPI@GWYULKKUZXPJY_XKM\b`eutqi^RKPSXQUQR\\VTUUSW[XX]hh[QXVJGQ]_[UJJFKMDHMQ\^^[_Y\\XRJHSVPUYXWRSQRURJPIA<8KLFR]]T1@MUVPHEDHQNJLOJMTSPPOPPUZWVVYZWXXWTUQBBA8HSXYYX\_`\RU\ZPBNQIIWUUVPNRNTSSYfaTPPKOSUPN\X^be\XZ]]Y[[VUYZ\XVQNST[UDP_cZRRUORSZYV[ZZILX^VXcqyuolnf^Y`ni]X^]OGKWagbPP\^RHU_a^QKGWYZVRNQXZWSJJV[QMS__`baXNRX`b`UUY\ZXTZ^STYUZ\VSTSWYNQ^]\`__[X_`^^UT]]VMSZ^ZOJRZXXZY\\USTY_\VRUY``WVVVXV\[][\WZZZ_WX`jaYUIEJRagdcd]\eedc__[TZaYgpqmie[QFNZb]Ycec[SZajjedq~ƒ„|oicdikmh_PTNNPQY^Yac\SVcd]VUTQRRRXcdgkjg`V\[\U`aSISTV]ZX]WQVVPMSY[Z[[]_`[Z`b]RQSY^\_deXSUPWWX]YSXOC>BOOSV\]_UR_]NQ`c^\^[ST]`]VXWURX]][S]dc\Y[VNV\^]_][XZVR`jmj`Y\]VVSTUdbVVWUX^`acaYTXZTOTTOHMPMQQMJHELNJQXWR;6AWYW[ZUKCFHJKIINQRJHMQROQSTOLPWZWVTTVVWZZZURNIU^jhWOMJIJCRRFMGBGMRQKQQMNTTZ^_XMRQPQIBD@AHRTRNJJMQRMMPLXYSON^otm`THFHPOOQOPIOUJJUXX^^ZXRLEDNNJGNPMFKQTW[__]SA=DV_a]SSSSY[QN_kdSVXLY^USNKNSIOflf`b]QQRXUSOT\WKHW``ZTVRZc`WKMYVKMT^_lsyukYQUVVLP`b\TPU^`a\XYKOfpm^XVUJNSWXUSXQCMVYTRUU[baagaVJGGRWTRNOUULCDLV][VSXPPMIS_e[RVDLYYVKH?;@LTRKSUTRTSSUSQQRQOMOSYa]UOWRQJ<9NUZRVW[YSBR^_YSSVPDNZYRIKPUSUYPJIMWVMICRSSYZXONMQNTVJ=NTSOSTNOUUNOSVXVRMHEIVTPMADKJ?JYc_XUSTUYOIOSNMFKYZSMRSGO[VJGHPSOJMRSMKIW`^ZRGHLNKGJPNOQVRRZ]_b][[OPSRPNUSRMLNRQMN\a^Y]]PTXTNADLMRW\ddbXNG\`WPLDS[]YOS^[PSPETb`[EQTNRURSTRKNTZ`e\WX_`^[`YR[fh`XRTVZfe_SVopigS^]`]Ml`cca[PLQX[`_XV`_WKLSUMQXNV[[]QC?GVYVP@MTQIORW_cb\WUY]__^]\XTOS_aURZZ\`^\WI@QVZ\WZ]^_]_d\U^YUac]UWYXJHLPVUX]^cf`TVTPLU_b]WPSUSOW]_ea_TW]ZPVY`daT\c`ZN[dlkg_U]a\Z[^b`XOJP\kjeab]UX]dgc]_gkkjhifd`afz…‚xolc`gmoi]ahggdc[W_aZSS^d`ZWVRGNSSR\\aca_\]YVOEQ\PNVX_d_[ZPLTX_^\a]UYZ]\WOO]^ZX^_\aaaa`\W]`Z[TOMT][YYRQ\_g\_c]WQ[_VN_a^ce[T\^b`UPQPVbggaXX^_ec[SIT``gigbdaZW`fbWZ[_[RLTZ]gaTGPXXZbcg`XX\][\KCLPOOMJJJHSMB>UY]YNENM[KHHGFJD@?IKKQSXWMCDKOSSVMS[baYTSNW[[VZZSPJKWcmk]Z^TDMNLKJOOPOONLQPSX^\MIFTSLLROSPKO@;FLQOKMLES^`XIHPUTMMXgprn`K@ACIPXXMGPQOPPXaaYQSU[WN\f`UQQOHGE=EKNSXZLJQPW^ZYUXRP[STPRUYWNNPNS`bRFSUQPRJQSI>H[]Y[\ce`TJTKIJOUSXWT`e[SXVV]ccZYTSIKIAETYVWWY[_Y[Wa`Y`ghXTZdZ4DRXX]][O`v}wid`jkiaY\\\_^UVWY[[\TUchcWQU\UKY^YVY`da[SR\cd`SNONQOKJ_ff\QVQVY]c]XRLSWUUN[ebb^ZXWSFPY\ZZ^\PIMR[XHS[OPXYZXSQKORRUS`d_[^`UXRHO\\^XPQTL=MTaghhe`]_ZWacb`TNbgh[HRccieZR_]WUVZba\OTZZaf]RV[W[aehffadjimlijjnrmv}splYQ_syobakd_bki__^b]^gd_^WONRYVPZ^[LKORYYYSX]_`^WWQUUSW\TSSUV`baa[TUWYURXdcYERY^hjaZVT_b^UXWQMVa]YQDQZ[X[``WX_ZRQZW_kjbQY_SNDIP[ab``]VUW^_`ZURVbcbb[Yce`^b^KP[^[ZNS]\X]\VW[\^YQS^`]^`fgdaF;EORXSRUV[\YJ>LVNSPINPIWPQA5:BHKLRLGNZXL;DLMKQPXbih^VXVJLRTVVUVUSPOZ^VDW]SLSRJMGNRROLSSPEGZ^\VLHIK?IMQURKDIHIFGHHNOMOURH@FILTQRVTdmpgTEB>FHC>FIHKFFKRTYgf`YLEIKLMLNUQTRG@UZI9KYaYOJOWTNMLPUPMIHPSYVQMU``S>FRT?HVRLLQIMQWXRNQTUOJA;MTTSOF@SQNOZ__XLMVUk~‹‡yZLAQIEMQNRRJSY_\Y[YQUjneUULJKHKEJIMWVQVSKGOZ[]aekqeSMNPJEMJHCALPPVWSRRNOF@GQKLSVTLKP]^WE=ITcaV\ZZTQSVXUYZTMMVY\`^`bcZNRON]_[XURHRWXYQLVYYSMLOJBHMP[ZRJKHTTRNOOOPKPVU[`aS:GQS^[KGIIFCJUVSU[[VPTYXWMNQTTPQTQCAG=LSVXca]TMVURRRORRPLNOECPSOINSHKNMQ[^]SNJQ[WY`WOFIJLIDHDFOSSXNLOUXZZSSYXY`cXTVTSTYZVPT]`VLJMROPHIQNIO]\VQMQ]_WPJLJDLQKEOW^aVSSW]dcWZcd`ZPI>CNSNKM\`]US]aZP\gkcWRZZ\WOU\``QSa{ƒqjlgkgdjcXY`\^`^X[a[X]ik^^^^gaUYXVVZ`dc^UQZ^`YU]SQ[ZW[ee[NEJNPW\a_WS[cf[QQ^d_[TKOUUTV]VV^aXTLKRSNN]ifUQ[`[^_[TUYXS[`[P\a]URBPVSMKNTZYNMQQX^[MQYZT\fijbAQe^VYSX^a^_]Z\WW\UHHSWTRV\hmfYSWV\`acggf_chkleeebbaoxuquwjXaqwric_a^[fd^T[ehaa`abVJRVSJSb]REGIBBEWZVWVZRQTRROIXb^\YRRZWY]^XONLOQYY\_]XOYcbYRYXZe^VZZTSZ`aTE2O[[M]h`[YXOKQWU]ee]Y[YTFJV]`ZZTX[Z][][KLOZ\\_fh`X_d`bc_\_a]`^ZLQUS\\VW^b_]STZfhdcbebc\V[TRNHMKV__SIIINJIQQQNHSDKPL>EH=GUVUY[YOOJECGMRU^bcZNMTVXKAIW`ca]RJMPNQ[YPXVTONGIQLPRVWTPMNVVTSQTPTOHAMOJFKRMMPQBCPTZ]NFCRUSVROXVXXYYPILONNLIOIA849EHIQX`[TMLNZY]TV[YYUIKUUMJX\dd]V[]VNPPSUZVWRLT]WNIRVYNAA94CSVW[VJCOYYXOSVWRNRMCGNY_[M=:;ELOQTUOMVV__ejeTKPTYYQGCGDEKMQOJMTZ[WHRSNBBJKHFU_b[U:?T[]ZNQXUMISTVRKRUQMILNPY][TLWb`QPVYYZSOLKSZXVZXMNILF:ACHIRWUOPNGLMLLEIHHHFGN[ZSBFGKPKGNVULHOWULRZY[VPORYSG:GGIKLB=:EFDGKLNKPMCMSROMHLLMQONY]ZVVIFSZ\Z\\YPJQRPPLTXQNLGINXZVTXLDNW]ZVVUPHCPZ\_^b^PIQJ@OUYUXSRPKKUZVN>UXMOXYUPOQHDEVXUOMLPW^WPZa\YS``YTGFNP?@WNJOQPOTWYYV[Z`b\PJJM]_Z]`\WZWQVdmke`cibYilab`lq{}qagi`XUOPbppg^PIPXWON\ab`\cffcZSOLXYVW[UKKTTVWXW]_WFLPMX]PQQ]_\WXRPKHPPNUX`e_WX[V^da````bTMOVVZTTV\WOY][US\[SNQcic]_`\\VTVYUYb`[V\XPRHCWVCBRYUPVXQQSUR]\X^[QRTQRVVXdbULSWY`^YVY_llg]^bagfgid]oupchjggf]`gcb_^\YVZ`^YROT\[VSPT]]SKKRV^faRWZW]aXXWHOX]X]a`_^]ZZXYgif[\]\T[fbYSXaa[[PJPVY`_R^ge`_cgd[ZVM\VLQUT__UU[[YZTRZ_f_XXUMS\cd]NHSZWUZ]WUIEIITY_]`[MP[deade^\WROYY^ccYW`_[Z\\SNQU\\[\`ccUVPXZWHMKA6BIKFCGELMX]\NR__]WGBOY]UOKNJJOTLJLHAFLKOMKENJKMP[]bfeYBDC<@PMLGFJSJENSWORVSLMB?CCUXYTWcbVPNSPOJKIJKHIV\[SPJQQNFCJUYTI?FRSMNH>FMJIHNNCKTXP?KM9FVaa_ZQHTX\ZVTQSVTQQUUSQN[ZRS]_ZRM]_^^PDIIHEQSQW\`c\SNPUUTMGLQSKACKQMTZ``TTSQNIC?DMEJLEZcegmg`]ih_ejeWVZ[^_ca[\b^XX\ac^TTPJPL@IP][aqvePINQR]`ZPFRV[_b]ZVVRIKSVKGSOOM57ELPJMLFOWVUYXY`cdaNGFJQXVOHJTTYUTORQPMNOGCIPOJMOVbe`QKKSVUVRJC7V]]WXYVNFBHOPNJU^bZ>=OUOMHIOVY\TQMOPKKMRXVMNOJOTICALX\X[QNNMNHJW_WUUNGPQTLPLFDJMPNMRWSRLDLUSNIJLNOTOQZbdb^YJRYVTXSRPUUQMJIJROKD@HSZ[VVWUILRWVNLPXXRQTV[^YVFHKJSTY]a`_NNQTT[YMMU^\_]^ZRRFELJYa^VGBQ_[RO[c^THY[XQLMNRRPXYTWXRKRY\[SQVWSMRXW^c`]]`VRY_\QRa`_[fkf]eYWhjoux||ogdWSVY]dih^a_[WTWVLS[^ehd_^YK=EY_\WWYWWSOJTY[]\[UKOSTW`ZQOY]\]YQFQWVKSXX\^R[\]V[cba`acc[AJVUQTRSTLHUWSNPYVSXXcicXWVRRQRX[ZX]^^[_XRPVW\^UMRRIRfiaZ^`ZVfc`[SU\SMWZTYVUUX\egaXY^XSW]`b^`_cjoaXjrrssnc^bejaX\ijgdbVXdiejge_XOSSYUORZ[XMWXNLV]aXVa`\U[[S_cd\TV[]W[[[XWXeeUXc`X``\XZ\_e_NO[`dadif`a^YX\\\__Z]ST_ec`X`cbZJP_dYQW^^ZV\\UQU\`^W]]WRMONN[YXS\XCGW\_^_b[OPU^]XY][WZc`Z_aaZW[[TTRRcf]LNNEDQVWSLGCCD@4?MRWQPXSLYVSVVBGT^^SQOIJMMILOOJKORORPKOUYWWVWY^^WOLMMKLSRVTOPMIPOZYSOOMTMALGDNX^_a_UMMOTZRGBKVSQQ[]Q?J\[VOGBDIQTMDIFBHSSOFMMHKNPVZVTOOJ?NZbgfbVGFTXWWUSU\VSSKRTLPZ[QSHUWPXdjg`ZJLXVSVSGJR[][XSENPOEBMWUJ@HOVRJQWPHCFGMLNNPJ:;<0FZegigcaoxz€zlXQWY```c`YXPRQMKOUZZWRXXR]caWr€oVTRVWSUTLALPNYbh`SHPSSNIMW[ZSFBJUTTO@5AHRRUZW\\```][WKMPOKNS^_XSVNHSUVOI<:KOJRSJQbeZSOLRZXOEPSGNWRMNKV[XURQUOLNT[VEJ^b[WVSRU[``WPOPMQPOSQTQKKONFECIXY\ZQW[TQLIUVSW[MGTWX[ZNJGORPKKPOJHUOSXYUVRNLONJGPT^][WTWYQTOEMTTTSSMMMKHKNKDOMMRRPXWMRW\XNS`g`YQLQZTRZ\VVTRW\]^\PORVWZYXTPPX^`]YNKKTSHMUURJGJX[WZ_]VSSY_]URODNVTNKSUYXJMPV[XMLQVUWWSZ[GOGKHXZ`]RPTHXb[]ce_E]kjjib{trobZZQNTY]_^_`dc_XZ^]\UNW^^bc\TLT\\RPTXWZZTPUSRPNQNO\\\ZTURNRV\]VLPSZYSZ_^d_UPVPTY^caa]XQPNUOJT\VPFSRSLKRW``_`^_^WWRRKHQRTNRX`fb^__ZSRTXTZ\[URWcdbURWZSZ^UNLTZVNVWTM^gaWZdifVVbeedji`VU]]^kf_hqswwoabjqreVaXWagfbhkfhie`_ZYRLNOU]d_]WRNOZ`aaOYhhea^XYdb_YQW`ebUKCYfbXPHU^cce[UZ_`]if[QXdge\\`bebb`]XSOVbj^\WQUNCOZWWV^bZ[amnc^``]`gca^]aa_a^YZZ`aZUTHOWTKUUY_][\`ca`_X[]^\QKLVZXXUTWWWUT]WLQMNFNXWOB@QVIJRUSMOREFDF:1RIIJHGJSVGKQQWSNJIPMGFJKHNNSXWVUTQWSVSGBKMORRSSX\XTKSMKY\ULBEJHJQSSWaedXSUPEEOQOJBGIDEINRIF\hf\UJ9=FRSMFHLOY_d_TSTN?ISUST[]NEFQX^^aa^[XUVPPTKKQUSZY`in_MIQX[U]Z\hje\ORW_]RYZOI=STZbXDHHAABDRVOQTYSPHFJJNTVRK?BLY`XLEB?L]^aYX`o}†…~jPKS[]_\[a]YTY\[XURURJN[_Y`rnnm~ybFKNSNMTUMGRSPTU\ZRHPQRNBGXYUPRNGVVH>8POZ^^p„ŽŠuSP[ab\UO[]UIQ][\Z[^_ZSFJVX`XSUOLSUPQXXWWVUQJFNRPRUTTLMOWa`NPOECGNINNXes}‚{ljOX_`XW^`\VWWYUWWYVEBVZXj„†}lolgZXb_QVVLKPMOQXVNLNRTULMSWXVSVWGLPOONICDGHHCIMOKBU\YQYU\`WENXORNVNITUY[VJFWYROTSLS[YVXWW[WSKROPSPLLPLSV[^[ROOPMHGHIHISPHNU[]VPJOIHKRQIHIPQORXWSVYSOYUSMU^VKNQOUXXUSOGIILMKFHJRNMMOMMQIC]^ZOALWVXVWYYXWSFA<7JONDLTSVPENNTOGPZ]_cZX]hfcee^WYUIOM\dbOASXV]c_YTWOLQRY\RJJINTWZ[YRE@SWVUQNMTUOS_dYRWY_\VPUYRQWWSPWVUUZTQMKQ^_^a^WUPSYHM_aRNINSWY`afh^L^gdbhogenwvaKPVTM[fjggiha]ZWXPTRNR]hc]]`]]^ZWUQV[ZPMKS]bcd_YUTTUTRSRKNZ[QOHL^aTV[[^ee`WVVYUOTRMNHQTPMPV`]OQ[\a^YSNOXaf_YabTLQX_[PT]UFUb_hjhd`gl`UXXZ]]Z^gdehifb[Z[X]b^WJNU]_egha[]fg`U^ac`NO\a\Q]d^ajia^hf]_bjqz|sqnc^acc]Z\[^YYVSUQLMU`_ZWXYZNYeb^]ekh``RQXROPLRRTRVab]XYQNINMHQTZ`a]TUVWXVSQS\Z]\VQHV^MFEGMLX\hdd`]\Vemjhddcc_^_[Y[_^`]]XQUYab]XOQWX`_Walnjjif_ab\kqi[UNWdebagd\WU`d][`ZUJLU]c`WOPIQPH=GPSULGLCLORIBMLGK@?SRIXSNLKMPRTTSOSRNRZVNKJKYWTNCBNHLQPHGE7=BJUQPMTTSQGOYZVSTRPTUSKHFAKCGZb]MNOQOGFGKB33>KFCJJNPQXZO>B?ARNJTTUX\QHNQNLOQOIHSVLJT[VX[XRXTEMKEORQOLWU][hz‡‰Žˆ…lXNCJ\^_]QMHHOX\[XMJTYz†‹xowzog`fcVYWOQTRRP_cPLMQVXRTZWMMOONHJLW_]VJDQPNMHHQTRUSRNLMFFMQLPUOKDBNNOJWmtm^V`]U_jY_htcTNWa]SKUY`bgdaWQJNWUMOZ`a]UXYW]\WWY[XXXRKHOX\ZQNMV__XNGPVVYd[YVQX]YT[_aeike]YSKENMPSY[VPW^[__[RQ\`eaVUYX]afc^b`UHT[\[FMTRLW```aW\X`dbZ\^_`SXa`]Y[\_a\YYWY\]WSOOTY^daaZ\locdie_ZRZed\L\d^^jljhotojccknuompi_YUUQ\cZPV\ZUUTSX\bc]Xcg`X_i^W^fkhacb\YWLHMUTORUUWY_XFJQ[`WQTT]\cgheXUY^_ZUPIHOUSX]QLURPNV\WZU^cdZQZsjaZa`a_WTZYYaflhaZJMU]\^^\XQS[ZZcidW^ccbaeefhgbXQ`giea`YXSS[ad`da_YR\gf`[]]``LHHERZWH'#/;JOH=KQLLG6EQIT\WKNPMPSFAHJT]^XSWNHEH>DKLDC@A>?GIMJLWWTRKRTZXQLQGEAKQT[`aTOQVYSGHVUQXVSHHJIIB@BDFD?IWWQLRTNLKCL[\UKDHQTOGOSWRMLH@3;>IOTSPJDZsyr`CHMPPUTJ@HRTVOey†‚iRKHEEONIRZSGW^WJGF?;AJB<@AILGHQNOUUOSOINOACDLSROMNXRNXK>FHLTILUWVSSWXZ\\^xŠ˜•…pYTQPW[WM<:DNZb_XSKUL^qmunjnmfd^`]YVKBNJLJK^fVPSLMTWUXLAFEQTRKHZca_WNGXdZXRNQVUKLOQOZXRZ`YQSSYUKRTRKOODBDRTPMHLQTPXWSMRY\_[QUTUWVIDHTUV[d_[VIDCUXRMLS[YU`[OINRTOEN[]XWQROQDENMFNYXURSPMOVTRQXUTSUOD>GY\XTPLLNPSTRTSOPNTUQQURKD:@PXRSWXPGKRJO\c`]WKAGLR[WRQJGJ9ACAISVWQGGIIOHRORRRQUY]^Z\\\aaYS\YWRIIMPQPVUXYSNMZ[YM>>FHQPMVRK6.OXRIO^eddVHMTWTLULW]QOLGUWUb]RVXPMWUTX[_XShihaWURPRSQLK^pvfYMSRT]^\jh_aeeab`]VUOX`cZUTSNPTZ__`]WPFJSOSZ`YXYTQ[eaSR\a]VODFZbdeaWFT`cc_^_^\\ONQTNX_e_\YSILWY[U\ba]Y\`WXWVUZac[WbedacXZ_]TNMOQRPNMIJZea]_bb\Y`kb[YV[aYX\SMQRV\d`\[^[KRYVVTVWVWYXMVbjhgf\WZ\cc^UU\b``jx{wz{sh_dkkilohc__]W[]SYfg^MN^dbX]__`mogYVZHPTT[]acb\UYRQTPRX^aWNYZRISY`bcZ[VZbgjic][_bc\SM?;N]YPPOZdhaZagdaZLV]c`XaWUT[__XY`[QZggc]SMEIW]]]`ec[WV^``\WY]`\]cda^]_T^ljaVVbaeb^^dhfcXWYSY`_ZW[bdcaNRLGPL9.DMKJM@5@GKNK8>KJEF\XGAPVRP>AJRQXO?DHNTQPJBP\ZQPOPGHLPORW_[ZWQSRTOHAEIHKMCDQVNJMKIR[d`XQK;2DRYOKEBGOKEAKSZXPQPPK9EFHRPKKKLU]WUXZ^\]XSX[[XTNOJKNSORTX\[XYYYZWVOOOQOC?=FSYVVXXb`\YMSTXUQGJPVU\XJYVIPKJVXIPVPLSX^X=Tjkg\RMX\VSWO]rqlc`WQX_[afbXNYebmbZVUZ_b^STXXSDCZ`^^YMJHPQKMU\W[YQMWbd]\^][WRUSYZ[^]UPT^\VW\]c_SSPXXH;TZZQQTSPYUPRY^aZS]^VXb^X[ffb`fgdf`UY^ZRSUSVYabZRV^ee^TZfd[bmiUTTVdg`VVXUYbgidQRY[[_^XV^dc[\dc\Xgpmi^Ycfbb`UPSX]WY_npry„vrmkidY\`baad`XVUSdllbY[bcZQO[Ybfjabc`^\]NMR`dc[UWZWWMV\`a[W`_SNTSVZTMRWYahga][WZ[\`c]RJQZVSQJHW^ZV^jlcL@PUbe^R[ZZZ_YOM]dYO\\TOKKPRWaebce_\_a_TSSPP[^eec_WNPY_gneSJKT]bhf`__``\`[VQTXYYW`d[TNQKGLKJANUWQMC@HJDGA6CNSRMDKG9LSSLPYZ[QLG>OVTODKMKJLFIHHJQWROPWTMMOSK@JXVKOI>AEAFLOPMSU\\ZTSNMRUMLOPRPSQLDOLHC>JMGOY]YTSPWWZYRLHENSY_`aaXGINUYJ?X_XNJTWZcmoh[NJOW]ZWWYWPNGKZc[VY^TOOONRUSROQKNHHKDKID>8?JQRLGIKKNMVTSV_WUWYVWWVXVVPOSQRKFMLYUMQSPZXQNWZ\[ewƒ€xt]bc[OILWTPQVSTPKKPPYp€€sdNL]^PFGO]]XNRW\TXYTG9MJRRE?ECDLUTRY[XSZ^[MMHO\[VWeaWOOTZ_cQMDELMLNPNNSMQNJDFMQPGFHOUSLJFJQTOPQQYbgb\WOEEHKDC>69JWXMLOF?GQMUYXOCBBOPLLN@KY\ZLDU\]^[ZZZNOMD=BJNIID@AQVUQKQX\UIRTNLHLSTRZ_[\XQLHJCISKKQWSMJLPKIUHABKNIGNNEORMNFFCGINTTKLW^XSGNWUUVRLJFFJSOQZWNMMOQPPRKQXSLLKBFRVOHIRXZ\ZUYb\YVPVTLB?PWWUX^ZX\VNPV\YS]]URPU`f]ObfWDFHR[WMTQGQX]WPGQ]]\[\_aUS^]epuqjg]NEZ_hnhfcUkroki_VYejjjdWUNL[c^UQRRUZTQTV]_`_^^\Z[[\XMRPTZZWXVZ^XVZ\Y\baabcbaUSWRMV_\VRVTQ\XQXd_UMNcb\addgikh\age_VDS_`ZVRUZ\WLSW\^Y_ff\Wef`^ac\VV\bhbXOORZekcQNOOT_b[_adiiefd^UL`jjc[[ij`acaRXcbVR\ffbrw|~xwrk_RRbd\V\]]\VVgj]X^a^^a]\\U\`X]egb\]`^LNY`e^VJX[SRLR[aUWZN?BGMQVNLJLS_hhh_aWVaajibHU`^XNQUSPVSMalkaTW]ZRda\d`dje[WMNZa_a^XVNOPPY`fa]Z_\X^_PNPNGZgkj^]ZU_a`d`YSUWX\\]^ZQPUSX`XRUU\[WQZ_QI=;NJRUMOQVSH=@C>9?C?ARPOROCCG?CUXY][\^XSOFQPLGBDNJEINQTTOQTLMSYUWXZ]VOSWUPNKGCEMQLOM@=GSVUWWPKRIGSUUTPOXQGMHJLKOVIFPUY`ZSNUXYSRD?NSW^`[ROMMQNRONU[SLFHJXfmpmYOILIT^`ebXPPMPOX[[\WHIWUVUSWVMI?FMURIIOLGD@HJMLNQTMEJNQUYRUTTUVVSUNNW_[PHFMVUUQUUH@;GMICKFPQOWXIHGF;=HNY]VNTTOLNPTPS\XGBDCFQUNOVXFJLFDHEFPVOKSY\SLSZXRG?FIHCGSYNMSQJNRXXZYKKVRMOPKVZZPKMOUWTQZcfZOZXVQJFMR_a]OONS]_PPVZRGW`UW_ab^WMae]W__WZXWXXQW[[]OEFORXMQ[`]RQ[fjjj[Q[VK[gmniljbXipkebW]ksupfVUZdfaa[YUXadbZY]Ycg`dc\TRY]YVVQMOOOUZ]cccacf]]ZV__`\SQRXV^`ccZUOJV^`aZWOIQaeab_ajnkf\TU[`ZMTbb\ZYTY`[GLR]c`bdb_Y_b[YRRPWVWWYVNRRBG]caZUTS^cZPNT]acih\SXU_`[X_deb[SU\[Xa`YajnolbemxuokdUPUe```\`cab_g`\[^_WUadjlcVMHU`_YXXZ]PHSZ]TQDPSU_^TINKPWMEANW]aZDHLMIUUUT^XUTVYd`[eibVOS^_[VIG[e[U\edYSbf`ff_kmkgdZHQ]afc[ZXUMJMOG?T^db\[__XVNPWbe\\^]`lnaRKMNT[^XUTRSY[THX\ZVTY``_]]]UTSPYPSTOPRPJ>>CH?:B@3IEBLVTLSNGMOUKIT[XDJPWUTQOKVXNFEALSH>NY\SLJNOCNSOMMIDHEN`^TPPUUNK>BRTNTR?CXkkZJHIEOQGGPTLCAPWVMDOVQEBIJLTY\YUGHXONW]]ZSZSSOPHOSSUYRJHEOWX_c]RIRZY[YRSLJHC?MZVH@JMPSQQNMMNT\[STUQVWORRUZ][RWXX\[WXOX``I9HSNRSUKCCEBBGRSRWXVTNGMOSQRTRLKA+IUTPIHUN=>IOB?FQMDFI4?RSHRXWTLQURSOJLABSVNGDLTHBBOZVSPT]^V\ab\VWURWVSWPLRac[W^[KOV\]UNR\^UV\_X[Z\cZTNOSQPJHLIIR]^YT_b``\TNSZUYZ\YSTXSWgkjhge_WUTKOWQSad^WFFOKNY`^ZXW]`typcPIP[`ca\iokiifp]bi_MCKV^ef[OWX^fiYV^W_gfki^SIRYWWYTYd`\_c^TTTZ^bgdZZhi_VQYec^Zbeehhd\[VTV^^W^bhh`ZXb]XXb\MMHDLXVNILHKT]b]Zchh_X_igbYT\XKPQVTXd^Z[X[[SU]\][TY[baUDHGEGS\\`d[]bc`]V`jd`dhdgh`YNRY`jjb^]`b_blnbY[fhib^\`c]YWZ\\aipke\QW\W]dd__XPKLZc^[WOT^_ZY[_`\[Yc_SO[^ZSU]f`WU\RLNRQRQVVTQ=AT[UMHPSYWQLHZ`e_`ecZMPLHXVUcibOUQYcXLVWW]iic_ZUUZZVZfg]Xde_LR_a\XX]\WV\b_Y_]]TU_hjcZR_jlcWXVUXZba\XbbfcWS]^cidTH@CJOUWQ??G?BRYNJMY_^XVOQMXHEMMHGAHKQVSPLRTSIENQQQJIJLHAGHNUXUQF;MWWJGRTQEHOX^^XUOHEGHLW]_]bbXOYRJKQSQVRTXZUNLU^`YIHU^eb\\XTJBGQYTF9?KILMVJXYQPLMMRWVSOOMHIJNRRSZXRS\\]Y\_bbZT>:BKGMW_babs~kVFK\efa]b^UKJUTNOQV_qzxt^TUOKJIOVY^W\cc]YYWPRNLYfcS^_abc\QSV^Y\YOMUUQVWWLIIOD:=POFNYULY]]XLKLLTXUZ^\WYR>IJHPNE?NMFLPQTTMUZ]bbcd`^ZZVRV\\YZ[XZ`d_QPT]de^^c]UWZX\RPX`_WNMZUC@W\IAIJMOW`gf_TXMK[SHOSWPTNHM[gc`]b^VSRKEGMY`eaVIPSNJW\]Z[^cfiinhIMOINSSL]clfc`k_a\VPQV[`f^_gdbfhacdVWeaX__XWW[ZZZYce^M[cbba\YYaedde`OYXRP[cd[T[bac\ZTNJ^hnolb\YZY]ddYZaXOWWUMNPLNRRX_^fe\^hcSW_egf]__WLJTRT[cd\WQ_g^RRVWWY]cgldRBFGZ\ZU]bYYac\YZ`b`X]fjmkjea`fje\[Y_`ghnuyslf\_a]]ZY_dbY]eb\eifcaX[ff`b^\`UF@P_`\V[UXcbX[ZYXX[VZRJXdjcXUW]b[SRLMS[[ZX\QE>BO^[H>MQUXFETRZ_]XWTSUUXPP[YZ\]^]SU`^[XTURG?59MYipiw„†xkaDN[_TXa\WUPJQONWVY^p|{nWda[OPPWURJLadWT\XTQKHX`YRV^Z`e`UKS[STWFHPTWYVNOJIPNGKUU]_^VRTYUWMKOBKRUTZXXYTGDMSUX][UIEEDHPOOMLMSUV\\VSOUbh^QJF?JMGDLRKIT_\JE@0>U_^ULLPMIRUZPFKO^beaYK;LTSRPNFCAJLH?=@AHO[Z_ZNHHMHDMUTGDU[YRELNY\WNLRVJ0@LONSNGKGKY^TJDLNKRJKQJGQLIGDOTLJT\_Z`ecTRSURZ\^[[NQ[[\WMQQYbfa_]YXUVXQAAPTRKJV]TDTZ`W?LOU^cdb^YZ]ZV[VAN[b_YPBHR]]XRRQHDIC>GV`gmg_VPHGRQUUIR`g]Udlk]PWTTb_TRX[cZSYuhbXYTLPag``a[Vbbae]OSYUSZbaaba_ba_deaaccikff`Y\__ktkWR`bYRRWLEYccZVVWSGK^q{ysfWU`dfa^ad`]a_TLINW[XP[_W\^QM[ab]][R__[TPV\YSSZY^_UO`e[TOY[\\``bdcZXUT`f^gkmk_X[[Zekkklfgplhmkbb`__``giflrpuxtrofHOX^^`gkd^klhgfgacc]^fhe]W\\LDJZcb[dg]XbaWWRTTZZ\[YU]c^`bXUNSUGLONT_bYNMFGLNTYUAIOWbe^S_]XQWWLEKP[\\aZYVXSMP]c]bcS_d[]f`WTXdd`WNQ^\TVQIU^gb_dd_ZXPQQXUVSXV`ab[WXPWheX[RUUUY`c\XLNYca][[V\^^cd^VNIB59=MTWYVR_b[TVRTFEJJJJKOJEJPSWRKIMDMSMU[[_YLRWN@HOONF@ILJENNDLRNKJKQLJNLDJSWQLEFDKONLKMSVZNKKIFGIIDGQTJGLLDBMTRPMDBHGCNUOGBAE?>ILRVZYOMMHEYWX[UFIMGINXZ\XUW^_^ZVMDKRWc_SPJILEISVSY^YMRQ95:ADDJKWWVHS_\JDNXYPI;5BEVWWW\USPL?GZUOPX^_TFUYQJUWOMIDCTeikedu{xnmo^SLQX[TPPNJKMNTQJEWmlZbpukZKMMW[[P^dYQRXRLLJMWQCQUWV_c_^^aYTOGCEDNRSSQD3DFGIKUae^[RJDJUJGICFHEGA=NX\WSTNKTXVRHIRNPJOULBCNRWZYKECMTPNNPVTIBEHGIVVVBIV`[TOHGDIVVQLTZ[PJTWTU^]VJJMLDIJJPMKE?@P_gdOGQQPOGT^YIGLQIENJIN[`\KNZ[TIOJJNSZ][XSKPPJFTZX[^WUSCPQT[XLIZ\WMDQ]\Y^WB6EJFS]`dc[Y[WQHMEFSahfZYWPPQYUU]Z?DPHOV\flncRUVNSTRPZ`^^]`^jvneV[`cmkYUWUTTV_ntfZWWXNX`\^b]VZX\e`VUXSTX^b]]YY^dbfg`ff\[\_inlh^\`gaWRXdbWWQKGPVVROY`^WOQ`prmg\^`hhled`^bcYQVUX]fbTPMEJMENQXgigc[T[WPKXde^df_Ydkiba^Z\abfd_Y[\VP^YK^hgdbjid\[]X_kqsk_`ijcahha]_`cgdignoiaiguxp]TR\`dec^\mpidge]^ec^[da[XeeTOW_cXTdhc\Zee]PVYXVUXW]_YOOada_[YRZa\eb\QHLJLVN@LUUXQBRbYZ`jeU[cZLPX^`jkdY]`Q@O_kdbeWIcaJPZ^YRZ_c^UHMX^]]UX\c_ZV`aZ\TRPUWXQV^Z^c_QOTRYb^Y[XWYXX\fh`Z`hgb\`_UJJQV^VUME;NRGUSKNRICORUUUSSRTYUPIPTUNROQSWYNOHKRVROUXSLLMVUHAEJLNSYYWRHICHSIKSTPMH>?MQPMNPKLFDDMK94ENTPNKIIIT`]N8HQOLRKKW[b`QFJPPLLQQLGR[RJHJKCCLSULEKRPFJNKPTG>LKHT]\\ZVUXNIESX]Y]a^RA>T[\[[SINRRZ\Y_ed]^b\LNILPKOYYKSTWXY[VS_`WRW]^Y\\a\WT_aWLGFLRZ[^^ackwwjdVORX[SOR^^]W]jo^Xjde_]_aecefifbij_WXOTWS`d``]YZcbae`addc`VahicWTUWRNRPGSY]VGKPGIJL_f^TU\b`b_XLO`gd]\[[Zeg^Y[XR]e^QSXWWUPURNWcgaWTVXWYa`ffijfht}xnZX\Z\]]]Y[b]ZY_\EQac`cookf`__`achj]Mah^XT[eilhc`ZYUagcaabszvh__Y[^_TR_kpkedfabce`]]WW_cb^acjh\]]^]XXdkd\b^\YS\Z^\YWWUXZZaedijhidTNZV\b^VBF]a__[OLNZbnkVNPJKTTTFRfhb^`\;A_jojfaVd[]`YQJJUY]ZPFQW]UT[b_^SUXXSTRRV]b_\\[W^^a^`gfdg^W]\XROCR_eb_bhbSXbc[OIQXVMFNFGHGH@6<>8O[XNQ]]O89BLSUE7@CI9;IHNLTVUSVSGGWZ[ZTRPQEEEFJHALSH;ECCHLHE@KOOMJMSRIINHAAAEU[[MDLQVRHBNPIBDEQYUTPDAHILKK@GTab^]WKOMFDIK@GMQPONOJKPG99AKKJMLKNFNQRLN\a\[aYRLEPYYZbb_SMLKOSWXRPYSJG>DJI?IV[WZVPJJRYWQUTMLJDDIHVWMPPFLTWUSR]^UHQRQZYZTVadb`b]QORY[\mwv^MT]Z[e^SMRODKJAJT_TMJU_ddc`WXa_VW]_THBEHJKRVUUSOQMFOKKOKDFYXIFDHPOFHOTZ[VMD=W]UULCFSPQ``YIPLIJJDFYUHONV]ZSSOKLGAIUXVSNJEER[]SNKROM^_VPPCFNNJDAIG;;HLHHBIDCSNFA?@FB8P\_TLGGDSTVZbaS@FTWUQKDCGKLJHFLKQUXSTVX^b^QGKILPUWUVY[]UJEG89ENHKUYX]ZZ[]`ZZQOTWXX^\UZ]\YQMCNXWRMKPSYQNR[ZPD=L^_WNW]^[XVQV[XVUOP_UKafhbP7?SVRQZYZYWX\dflnhee_TZYUXRFFT\SNUYT]`]UZb\UVad_[YSRSYUXQ?SUJQWS]^X[`nsusi[PRUSRP[Y_b_efd[fiefojd`]cklmtsgZUQRTX\b[WXXVYXURPW]glj\QTZ[[[`]VVSTTR[ZSMQYJLPQZ\WRY`c]TOKFK[d`ULQMVehbZWXUX_\URUXWY_aYQUS[]fdZ\b`Y[^ZW`aclwtojige[\_bT\cga[ca[Z]]\YcgfZWfhgjdgk`Vdlkgec_]a`b`OOZceiikhmtspjj\TfolUYfknommnicba[IMV_^\cgfih_[YSNKSX[Ydgdbab^ZZXXWURHQ`jghkd^\\[R]f`]TNCSeeY]^[]cg^Y^QMJLUXNRMPVb_YVQML[nroc[aUSU_ZTY[Z_^[TKL\c`]^b^SQU[VKCGR\]^_VYXX_]T`jllhe]\]URQRPP]]ZWT_\\RY^YLL^`ZUPTFKPPNID>CHIQLEMWVJBBJSUS?:A@?EFKRVWXNORSKDDPYTPTTI=8FNQSLEUWPAKSQF?JIDNLBFGQTRQN;DLWYWSRNDCJCFLMOQNJHNPRTWXOIMIGKWSJMPUTQT\UOF@DKODGMGEKSWZXQJLRPPLPQTYTEFJHGFW]UQXVNFBMTSXhmeTMJLOKIRMX\NFMJJLI@BIKKUS268GJLQSTNIIEGNEELCOSHEPXWUQ[ZSPUNEPSQKG\b]XXXWRU[^^]fd\OTZ[_ebTNPOSULDT`hdNCENPX[RHSYWWdg[LIEIQUWWNKNHADJLOLMSVIH\_WGJOOPLEDLX`^WAJUZTUXRJDOP[]TRPMKE9>OWVWUKV^XOPSN@FGMY^]]TNQTU\_XUVWNWij^VLKVZODF>KILUWMFFC776?DIKIRQEDUYUFC?ANdg`hkj]NLMVWOKSPQLADU\XZXYTMUVRQYZVUZ[PMRY\VYYXTKMK=9IOSQQIJRXTXS\VUMJXXXSIMBGSZZ[R>EY]RPQR\\SNOTTNIM]hgYY[^[]UNPT_^[YWZZSS\feaTI@GKNV\aZTNMQQZcfa`d^[[TMQPQPLPLOW[XX^WQRVMPSW^c]UNSVUUROOWYNPVRZa^YSL[iqidejedb]^WZ[biuh``TZbgmj]TZc^bfsoh`WTWV_ZT@FNIJNSNQX[S[e_[YY]die^VRPJSSPMMMSXUZcbbXPTQ[aa]TKIRWUTTVVNCSY\^ZXZWaidWSY]`kkbUNXaedg]\]gjf\OSabd_```hmnihijecfkibddbc`^X_Z[ea]djjornceefnljpof_X\^d_X[Zhkdfnyzwodkk[Yeopjgfgafild\]acbYYc_XZaeebaa[LOUY\YTYadb_V^_ZYMRTUOLUab_]^ZQS\]Z`bgXWRW\gcXZWSbeePEUW[]YOTSPV`X^b^UXRXmqmij_]TEOJPXXba]UTQW^bdfe_[THQW\WJFITYWVXXXb]VUX^dffg[JV\VUYYWSX`^]Y[a^WX^ZVXeba[ZXWBWZOG@KID@E6?T]UVQRMNX]XHKAFOPHFLVXT@CHDNadaUUNNUNJICX\PMSPGGJF;NcihfYK4?WYYRVQWS^dZMSSJTY_^\UTLKRV[W[_bc]JS]\VRKKNPNOHMYXO?HMFTW_eXOFMD>TX\SRKFPTVSVTPSQPIIRMHKTPJKPXTNU[XSUUTZUGRba[TORWWSJOPMNKSRLOSPKLJDGIIDJRNBPVRLRTOT`a^\b`]QJHNOOX[[VQIOVWYWYSKMVWYUTWVQZ_ZKKTVNNRNLW_bVUFMUTLBCL\OMOQOQRV[XWIAJ>=AMV[\U[_`]XZSTTZ`YWSJNV_daVRXPNRURTX_ZYY]VMGQ\ae[?9GLY^cb^b[XRV[ZZ\VYZUZS@CSPPNMNNO[]]YXbbZPRTOT]^VMM[\Z]\WSOSVYX_bUQ^`[Vaceiljge`gc`a]aiomimgUTMYe`ZccZUV\bb_\ZX[a\Q@BKB?NX[Zb`VLSZZTHCXe`\VX]]SPONKNNQPQW]WQRUUU\]dd]SJHMFJW]SPR[de^XTJSjla[begjoeVPUZcceb^]`gcWHLNW[TOLRaihbdkg^X^`a]_d_^YVT`bYUXW[b`jqla`bfc`ciiab`][[emjb^fVTftm_d_SYcmllbcdaX_d_UVUZ_afdbWW^^df__[OEQ]c\^fcZWWPR^bZSSSNL9IV[]YSMMJV\[_fghca^`]WR_Z[[_YT]ZTOUWMPMKXWT]ee_TRSiiZbiadZXf[NX[SZTST\`db^Zac^JHW\YRTYSMOVONTb`[PPXa]aemaLJY^]PCOUW^``[TU`ihe\PQX\^YZ_a\X[TGCMQE?C=C[`^PZ]Q>P[VHGFQJ9([VKGRG2@GLIGCMPRLR[ZQECJTQDJNQX[Z]ZTMCGI8BHA?<@PRKKGBKMJRRNKOIEITST[VRMCGD?E>ALKJMN?>OQSSRSY\YOKIJNWPSIFKQUTKDHNH?>@JMU]RDTQJ?@SWWUNL\YPPLBBPZTSNIIHKRSRZUGLNHFFDA>>LIDHLMLKVUUKKQSPQUTLR\^[[QLRQMGDLNRRWL@AHLYZTLJNWdjmefee^ZZ]ZSUWS_kpjj_`\Q:?BYdhi_RJPQKYa^\Y_aUQWRCBP\`^]VNNSQMQQZ\`^WNU[]XL>AMRPOABRXUUE7DQ`d_[VGBW[]RNQPY\WQJNNHNPORUVNGIKLDJSSOTTTPLMIQULVZWZVLOUQPQXTSYSMJINUUSRPHC@@COWTTVTLCO]YY`^[WVTPEDKNMQVR=<=GMQLUZa\RBBGJMGMRPU]cYNRLIPPOHNcdd]QLTQGCHPVPGIIBNNQMKVUWYWMEKMRW_a`\V\^Y]^`a\SQLOZ^YRMKPRRTQLABKMMUZNDBPP[`VGOTSWY[VXbfX?DNTSUU[^[TJDU[XNV_ULGYb_WWZ]JS^_XUZMQYYZUPVZZPERXTZikWO]`^[``bhjjmqkjghtqlckkpogZLIYdepspe[Vbgea^_WRV[PGAGLP[da`^`YVRVYYNKV]^VTZ]ZUSLMPOY[RFCOXUUZ]dcaggcTDNSW\a[^[X\`a]UTZZ^a_Z\[WchbRcigllhgb]Z_`_^]][ZRLMPW]\U\df_\\de]_c`ge]W`e_PPVRM]bikhgcY\dikheigb_Z\ec[\^Zbagw~vaaZU`fe_[\ciaciggb[Y^_Y]\\WU^`Y\Z\YSJQ^`[_^XQX[XRY\PNPR[ZROQ\b\PQNEANRU[a]\WY_ZQX`g`]WR^d]SHGMLEETbZU\^c\PMHX\UV\\c^Z_aWd`\VSS[\bhgg_adliWUXWTQX[WRNSSXYZS^`YYYXZde`SW^edd\ZPX[dde\UU[bfc]TIZ]]]\Y]IKCHY[MDJK9@RTMPULFLLJHGGDB91KNURSMDAIPOJHMVVUTK>HTXYTX[QQ`UWQFJSNWZZ^YW]YPLONOQSKT\\YPPKMGDNQQRPNPCFEDLVVWRTLEFVWRSRPRQD684BCKRTVVUTLCRWUTRLLBHQVUTLIMRPICEKNU]\YMNLNNGJQU[SFKHDJDOTVWSX\WTPPPYXPMHMVUPCKTPMQWPOHMOSRQQVVXXTU[]WKROHPZXSOUWPGOVXNHQVLPY[[RQXVMTY^ZI5EUXVZSEKPSWURMNPU]SJ7;CHPXTULLIVcWT\YTEILT\UOXWQHMZXZ[RY\XZ^a_UJMGRXV_gf\KQU\_YY`fbacggfhkosprqdROVW`cGZ\fnrrmid_bc]^VWYWVTKOSYZZY\Z``]`^VW^U:V\UWU\\VPR=;DDLWUPIHCHQUWQQW[[TOKG=>FGJMGD??FNPILKGE?>CIRYYVQIDFEOSVKB8NTX\VJLRHB;ELE@>5?DIRUQRQODHI=M]ZRNKPV\[SQM@FE7AZaZLGLKQMPT[RJMSKHSUUMSMPfn]FDJOJC>CNYXTRSKNNFHHDELLF?JPTLLTZbVQEGOQPLC<9EQQNKLSTNQWRTemk^ZYLU\dge_\]TMRX^\]bcWbz‚ƒxea_`WVegaWYOLFGFJHJMT[_YLJQURPQSXKBGJMMIMMHMXXOMGECFOSRWWSMQPJGLROO[c_a[]ZVV_[VL[\][LCLOIPOJPQMBIQTVWVYWTTT[\QLMJ?FIQW\UP^YRCEKSKFRV\WF>:CINMUWQTQOG?LQPRQQI??GVVTNGHKJFLKFSZcd]VPQSXWVSSVNNPLNQKMVROOWVT\aYWXWPMOIGPLQY^_[T\_]WTTXWOV\RPADPUUTXWP@MX_ZYWZ\\UOMHMU[XRRY_\V[^ZIOSTGDOZQSVO@BSba^\VNXVKCJLBNRUNTZVQWOOUTXbhkfPFEITYZcc`\QUW_WR[a_^]Uqxwtibmuym][`honPZ_bguyug`[\WPKMX[[ZU]_[XSPTX]YU^XLSUOCEUNNUZMSTUTNY_]Y\YNGITZ\YRFRWZ]]TDPQRJNY_heYSHMRXQT_bckhZWX`cmjfjprfWXXLNVUTMOU\ZQUVRRZcc_\Y\PJRZZcjg_Yae`PKXcehlsspg_cd\]gen|u`[ejjachcVZV]oulfjjhd`\WPY\SZ^[dihcXVhi[LHP[lnhZAQ`bYS`fdef^YUR]fb^UV]WUHQUB6T^db]R[fiYCLX^^ea\Z_]eaXJW]ZM>PacbYUZYVW\]X[[XLX^TP\_ZMKIHSXWVYbgf^ad]T_a^TZ^XPOW^YQRVWTTSMM_`[RUSLWY^`XWZ[_fbWXTTZ^e_U[`]^WX]\YXR]eeYQLDHQSTKLRSUWVRSSTSC8=IU]VQG8ALLNGGPOF>DCETVKCBMQKHSMO[_XQNPPG?GJLNNLE>KPLLKG?DFB:AMSZRKHLIF>=B=AFGNSWUUOG=@A=EDGJI@>OPMLHFRZ\^XTLKMEIY_ZLHNVZ[WUVUORRQKLLRX]YYdhZQSNPWP7@R^[XURPSQNMQMAJMSNBANSLKS][UIFJLMSOMKONQWXRSQOZZXVcmi_SOZ\aecfhhbTLTWYPT\YJTgwwgki^ZUZjid`^XYXKJ>E=8P[__RJQKOL?MUTPRNPVVTLKOSKGNTSKHSZVORMNMSVPMNGEQZZ_bTMOW_WNJLMQOKNPZUHIKHFGKSXSLORQMY\^ZYSPMGJMR\d`[^`\TPOIKMMUYZTPQSJKLSQJDDHMLRUPOKEIMLHEOWWOH@LSWZYQTSVSSY[UPYZ[ZZ^WWYSRSKNVXTLLRQPLNLX[ZORI=JUQLTVVIIONSSXYSKYd_OPONJOY^[KFUdkhZY]dig^SLVUIPTMLRWW\kf`]ZVSUZXSQSQNPRZbaWHIIIJOWhkhbd`TUWTRJNNNGA9@T[\TDU^[GQUFCKME=NXPMSRUR?FQYabdUKNQSKFW[\\[VZVRQ[[\[frxwqfbr{zlbb`nvo^[WKNhtoddega]X[V[TRSXXRTMPSPYZTPJOTMCGLOQU][WXWTZ\X[WTMRQGGX`[TL=EV\UQRP\bYQMPXc_VTTNU^^`b^^`\P^a\`dachhh\PRVSRPJU[[`cbZ\_\Z_bc[X_c\QU[XW`g^aehdWX]^`gjppe\Wfhfc^\jql\Tcdd^fnkb_TXlrphdeloi`[YaaXbeTK]bcc_gg_`\Y\djf_TDQWQKY[_c[W[[[\cbVFFX\QKHAE@=SWV]YRW]]PNPV]ad^afii^TJRWQNFS\gid^XNJUZ\\UYZW^c]V^^YJW\PU_d_hhjf^YOX]icTSUUUS\aaYIHUZOIRVTOTWZZWTZ`_[ZW[^aie^UYSGL[[W``RPSW`c_`amngbWOCSQPI@AMUUQVZWRSQRLJCIRPNRPFLXJHPWW<9FIJTSHAMUVE4AGJMYUSQOLC:>LMMLNKHLKDFC?ERTKHPWTY[QHGJIGEDB7HJFKJD>MSTOGNW[RHBJE@M]_SO@>LPLBOQSMHMOTSVZUSQLCCSbaTST[ZTVLFP[VQPTWVVIGGC?AHN]d^YTKEITKBBIPJHRYVOOZYU`cYIPVTJUeg_POQ[b^OV^ab_TGJSS=J]aVJRZ_`b^^_[WYW\^de\WV[Zad^QPKKHCHP[]OXYS\]\UTNQXQFFAFPYRPV[VDJTQWWSSYURSVV\\UM^`VAN__PY\WTTUYWYR`gdWT[_^_enswupopnpqsdalpg\\[GCZchoxxvpid`_]VXVRPQXUUQLZ]TNQ_`PFHBKOLNQRRMGHQPIGSN>EA?GMOONMFHMJCMUG>LNHDHHF<<>;ESQNLLRWVTKFKRRRMNIFSZTKLG89EJC9HMHEHUXUMHOTNFHS[cnvxkRNU[YRSYZVV[[ZQSZ[WdomhemqulX^_\UFHPOIKNGC=<>EIZXIFEJOVVQQ]\]]ZWTOMMPQPOV[[\RLYfdWJNV`hhbWYa]T]gdaWTNMX\W[bmneXQV]S@CSPJRXWMCFEHQ]ruqe[VKDFTUVPKIECKVZLAFF>EKMLPONLUTROJMQX]_YGEQVVVRQZUSTRSQTNEKLKKOUWSQMILSLDRXREPUOWYXY\_]\YSS\c]TLHC=EMLLPKLEHKHEJLWXVTRSTOQV[VTOFNQRUVOOLEMRL?@FDGKOSMS`_ONSTYW[TGKEKPRZWTTLEHTQXUOV\UUQLHOYYTOIMMGTZUSU]d\_cURTVXTYbb^YWPT^^WTWUTQOTRNB=O`gcWPYTT\[XQOPV]\U_a]W\[U\[ZZ[YWWZTDMUQMRT\^`WLDOXVPLFCMTOOVLONDCNOSRU^_QKU[Z[QZa_EIWXZTUXVU_[QHQYd`ZQ_gif[etzwpfJNky|nagg`^ZglQP[dfnqsqqljg`a`VVQPOSSVOT\\SOW_UQMIIQ[XTY\\_\URSVYQMX`ZUXQIWZW[ZKNOV]YQY_\_^ZWTSVU]_a_Z[_\[[\ZIR]ZZQEP_ba]\ZWPLS]efi`X\WRTUMGTUNW_\[]ZIWZWU[TUR_]`UOWccY_XZ`^TJP`emkdUSKRKQX][Ycl`]]`jnmdabbelpnrjUYW\TQU[cbNESRNQTUN@OZ\^dhfjcLSSNUVYWVWSPT\c`WSUIEM[`c^XPZ]VX][RVWWSS\SEGQ^cZNS_\X[^QKQWYSOMS\adaYCMTTZ[]df^X\XJWZ^[\XWYQRUW\ef`\QT`geb^WV[]^_WTXXTUWaih\Xfjdc`[[^]\`]VX[aabZU]hfbaWTSFFOZXKNM>GKOUY^]PEAHIC??NPPXXYRGLRI=@NRFQRSSQED><@FJQRMHMMKIEHNKJRM7EDFLNURLDCAEFDDH>BNC0?JRK<3>EKPRH9ESWZYWLMTOBBGFDHQOKKE;=MON@HTL1AVZXSKZa_\QWRRr‚‚vbU_\ZWUXZa`ZRGLNWXO\celnszul]QU[ZVXXQGHNHIPJDGMTRHDHQJNZ^VX^YUX[XRJGPTTRV\b_YRXde[[bcXWWXY[ZYT_hlpsjf^a]XW_ca\_]IJF=?KQYZZb`TVLP]ca[OHEIILSPLZ]UOYZ\UKENRQPOFOUZTBAWVRKHIQK[_a^\[]]RRW]_TT^fc[_YPDGLQWbe^PKJPY``[TMC>Xc^PR\`jf\TWVSFNXaSISY`bbaZQU[QIOTSZZUD@PZWZYPHHPOF8EWUTWPJ=AU[YQOSTVWY^b^KS`_YROCCRVXKMahe[P]gkhcU_t|yfZ`cnqxwwk``ef^]VO]ebgidcgjjfab_[XURWRURPN]YMQSXYZULIZc^VV`hg`[^]^\TMV_b_[SIQXU[YEJTZb^RSTTXZW\_\[b``]YU^`d_\`e^XQMSZUZ\e`TUXUUZbfhghgdeZTXXUV]]RYed[WTR\\SY]ZNRZbaQM[``VZYeswjWQbkmnl\Zba]VX[calihca]gmuphigdkosup\Z[\^OQ^eaZVVKNUW\RLQ]ikf]\`O?MSY[\]YUUNMX[YTUWWUV]ijeYXUU\__^Z[VY\[[[SH@Q_ecVNJKJ[]WLQ[_[RR]cfkj[[\WPRUSPTWT`WPHPXUQOU\XW]UUY_`][]_cfb_YST_]cYNLTZ`]_jje`^``aUXce_b\SPUVTSUQVafdb^[Z]WQMPWSJLF5?KRVWSNHJGCEA@D@IT[c^U>DE@=P[VKGJNHGJCDMMEENSRPEDBEFJMIORVLIL@COTQGHNSRRWTC6CD>=EJGHHFMMPTMOW____[RJPXJ8AOSXTQUSE9=GNI@FQPDDPLJLGN^cbWRSH]sqd`ig^QSPPUVZONQMJNKHMTS]cgenrp`LTURSPKB:BCGSTTWOJKOKOZ^X]a\VWXGMTNIMQUWOTWVU\]OBR[PXaaa]`adgcUV_iquuofaYSVXaeelqodOICCHRXWWULORMH?V]Z^a`_`]Z[\WQHEPRH@IRPIKJ@33=IGHIJPRWYUOKGJD@GFIS[YVSJKOVRD7KPLY^jj_PTQMQJU\SQMQNHKRPJILOSQMDKOWYXOUTRLDNOJGMHUWOAKWSM@ANWWVUR[WMJUSLH?HSSUZ\ZNUZTJACMWWTW]`]ZQMWbe\LDIRZVLTTJQZ_[XZYNIJLPUUUVPNOMK=RWSQLY\\UYVOLKUTB=OSULEVb`YSRM>BRU[][XUYUPLKQXTKPGS`^LRbntska\QGBYifYDHUVZ[WDS[WNNRNLPXPQFMPMOQRG>MNIAITPU[QMCDR[UCKHN[TUVSWTT[]]ZYMCQJBRPN]ZTRbdW]`WUljhbhfjjq|‚‚€upmgdf]MMcgmkb]_caUIVZW[`]RWTLOSWWUOJJJLKR^^][YNQ^e_VZhle]Z[^]W[[SOKOZUVWTT^a\_VXRRX^cbdcYLTYZY\\WZdffdYLYbdfgcc^XYXY_c_\ejjlnkhd_`\[Z[WYXWI=MXRJS^d]VV`ea[SIJM[`l|xdWRWipqgfgg`ZSXcglkkib^bnoomvkdhqvsmib`d`SVa_][XJERKASVSP\bif]bffceb]XWae]SIGW`NT[][caabcYHSXS_gb^a]UYXRQVVTNQZ_^RILX]^WQU_he^acg`][^diidZ_g]UVajnaSPZb^K;S_d_[RE7I[Z[`^WZ]YSQPWbdbZNRafeb`b`]_^]]LUbb^_aXY\XPULHN[]VVPKZ^_^OMOPHPF=HPX\ZOEOTLHJKNHFP\][`YN@LSZ[SMCJKPg{{p_YRQUKLKEHKHLOQTD5DMKLW^^STNKRRMPTTRV[\VOHFPWYZZRQUTLOS\dfghk^PVfpqria``VPQY`f_apnh\OHMVQMQTSGELNMKQQSW\VTVZV^][SICRVKGNUJEJA@GC=9>QZXIGRSFHMY`ZTTKONJHJEU_ZXUV\\PRdnong^UHAS[Z\]U[XNHPKS][XWXVMDLNVZOGKLUXPJKLFBLXTONUPUVHFLLNABRVUQRVUTKKV\be_\ZQG[bMDU\a^b^U^XVY]itukbhsy}yrnfc^^Z[^^figa][][Y`^Z\bZMFE>BFGN[]XL?99Q]YV\[UW\\XT\`ikd`YSNINWTHJTVXUNQTR_a`^YWUV_fhhbTV_\XUSKJSV\cc\OU\UWV[\Z^`[XcbY]fhcaedidVVSOUVXOMYXR^`VDJU\XTXbd^eaY^ggblr{wonh_gnmblnd\WX_dhigjgd`^dek{xq`a_`gec`_daP]bZQWTXig`TMXY_`_ZUVekiiieWT]gfeXPCN\]bd`aa^YN[YZ[YX^eeba\ZZ_UVZebYSNIMLECLY[[[TXd^X_eaZX^dhnngaiomgaQXaWX`kqob\gddeZIRY`ZT]gh_VRZ\be\Z[_^QVbdb]SOTX]_bg`S[[Vabb`XVVVNPWZZWVTTZZ^`[FPB4@FNQMU\]XGQWSYTORNR\WOJVY=CJARVQGCD@LQSNMLMTWND=CNLJLOPLPNEEJFJPKVSB?DIUVORQLA=LTMIVVMEOWcfe^WJCQSWC96JX]_[RHAQXeotk^]^\UKRUQUTQMHJAC=HSVNOTUJOQJJOPSVUQUX]]UQGGQWVVU[^XZ\\TZ_gnl]G]ksvoj_Y]RP]gkibb`_]_YW``]TTUKEDASWVTJNWVSOU`__^WLPSXYMGNN@NXKBDQTQH2?IHTYOPPJFKHIQOHIC@AMUWZ][SHLWYT>NTRTNA;CDIVcfe`\[_dZKJMBF>?FQYWQEFMPQTYVCLTWXW@9FLYXQFGKMNJCFMHH9IQNNQONG>HKMJINJPQSUZ^]VVTUURXRJJGPSNIIIILMLJLRSNLHBGGSYZ[^a]XZYQHJMNMMIEQQQRIRbhf`TKQMUVVSU]bd]_a]]fgefWVVMPZa\hmqniie`b_Z^il\Tadija[]clkeXWY\YYbfiid[S[cgloi[W`b`ddbZSXRRUVZXY[VV]UY\UPVSRMNUXRT[UOQX\_[OFNQKGD:EG8@3>JG@;HNURKINQPGJUVJ:@KCMUVMMQMHJQLUYWWUK?GOPLJHGLUWROHMME:@LKOXa`[UHJQPQQIABFPORVSIS]\RLACGROSVY\]SMKH>5AKSOSQLNRRS]fg^OAKNJEHMJKTVQNMGMYSU^^^eigVAID@DLPTVP>GHKT]YGCKC?IPPSSOIC@HW]]VONDHQTRQWQT[fd\TS^c[TZZ`loposp`PTbij`]VW\ZXXVYY_db^[UKKPYZYQUPMMOPW\]_ZSTRQUQFLIDXb[OEMTUH7?EIWSMRRIAJDCW[XI7MTNKPUW^^PILRNLS8IMSSIJGEOTTY\WVV\YSIMM>KRQWX[[XND?CGU_[PGFPYXM@ESVWOFKQUQPLLIKNFOV^ZIKQPLOQRGIMHFDOQQPNQLBOTPGKGMIUWOIEGMRRIDT][ZUKGKIH[^^][_ZUQWXTNINSSWURQTSORX[__YHEKFGPX^YPIQV[Zcea^_[Z[[PT^`WQU^_`\^]\QGQ_bT6T[cea[VXNBB:GN?FP[TDIVXTV`ZPQMEKSVP@DH>@KT]`UBNURHFM^]QNRPQSKMA=CWXRJEN\]XILY]\caY]cc`^ihhospgd]afssf`llYKQOS^rsi]`ec_c^VYX[YWROELRRRR]ZOOT^ejgaSBJX_[VSPVYYWVY]\aeli\K\d]Q\^ZWSRQIMMTTJM^bc]YQSTRNIPQT^ffcZYaff^WUOLPQOKPUX\a^UZ[biljlfimnpgfjkaXTXX[aaXRQZ_[U_fc^cjlns{ylglmmruugXXabf^Vhokccgkokd]YQU\mtrmgd]V]^XZ^]`fge_RZ\[]^]\]be`_abbeblk`XUXUX\V\aa_b_\_ZTLQZ^^[NI\fab``bUIKINHZ\SLU\hieZSUZ[[YX^b]SPU[MNYhh]PZ_XO\hekklkkf]_[Zemj\XXT^b\XZdgbWV^^[XVabfc_RV]bfhh`VSZXYTPW^c\YVPAK[_YWRYZ[]SHRWUYYT[YQQMNFLUUMRLJNJ>HWXN>HI?6GG5AOSUMISXVJHTXTFGLJRUSNSQPPVVELSTVWMMSZXTNIDERQRTPGNM:5ELLX`a[HA>BHJOOUPJPOEFFIFKW]RHSVYWQC;GVVUW^eaSJKH4=@IRNPPQMJCAQW\YRKMG>>COOMOLF;;PW[TOW\``__VCORRQNQWXVNPQGKTQB>D@@QUTVYVG70JTYVPTQNVTTZ\U@GY[]UZehh_\\QJUhs‚‚l[NWopi^WZjqk]Y[QP`ed[[YZZYUZZUURKUQGLY[_a]PKJLPOKMFPMMNKNSPL?LLLTLFUSJLQVVURMFQ\WOPTUYNILOZ\bd^ccZ\_d`Zad]IO]^`[WSXVEO`cXKTWUWXH@NONHCUW@MU]YKOUXRO[^ccaZKDGLAC:CNIJV[OCQ[\TLINXYT]ZMSXSRQT]da]TLLKKKNZV`a_XDQ`gjknollfiafisunfp|tedf^YbeefaZ`]ac_[ZW\[XQLAJVXVWZ]YSW_gid^NHT^b`[NTac\VV\c_\\VWECUOGQZcb\a_UMT[WRMPbhhcYU]b_XONLQVY^UYY]a^W\b`Y[[UNTW^egkd^Z`jpphifbhhddh`ZYSHJ[ecXUVZWFQ[cf\^fooyƒxjmmr||l\MZcdccfpnnnmqz{ld^^ZZeoopokjh`ZU\\W]cd`dgedZ^_``he]W[WU`mplj\V[ZSQSX\_\Y]ROY`^OBYdcUGI_h`T\TQOLQTKR_cUXWV]jh`QHQUWX_`]TCBMWNMYa^Q=ESTJSbfZQamkgX_XQ]cb][[Ubd[]\`b_]bc[OS]ad^d`^``[[\XMR\^VK?EFMTLEPY\VRNJLKNY^X@HPLE=?HS]aP@GIC?7BUWRC@FILOMEEV]SMUPNNMGBEV[TFT^^RGKJAUVQRMCEJK@ISOLVZ__VPECDDJMTXWGAQZ[PIXZTNSVTUaa_\PSRSTQNDIV`_XSNH@KNIPWUICCMRIKSQLIWYX[]UNLMVXLWkmggf^XRWepifx}ognwl\Xbmvqf`c]W]^[TTP]a]\XXQSNQXVOOQTT\Q>NYWQPGNQI@ITXVVQGKOR\b_WJNODIQNQNP^VLIDJ\b]JOPXQGHPSWPIGSTKYb^RHKORGGJKOTSWSNJHJV[VUTNRUTTKMOQKKPV\VKPKLNKIOQRHFTSTWUPRWS^\XSPPPRW\cbUGIDBPVXUQINK9./ENX[YTMHC>ENNSTYZVLLB=AMKFTYSVSPPWYUOMRW_ZSRRIBJRUQC?J\]QINHBJPJNTUYTJY`eYTXcgd_caUSQ[gj^JHKSTXYIBEFBLMIGPQRMINPJKMLLJNQOJGGX`fdWFBMRTZZQNG6LZVXTWZSLQSZ\X^YOOPZ]YHbtwlWRTPQPTU[_dcbX@P^cghdVOT]`]^hopuuvyofgWPLXY[`ZR\`aZXZYZ\YWPQW_aTQZbh`Z\Z[TSQMS^`YXU]b]_ZU[b`]`UV[]_\MNWVY_bd`PPUSIAR\aa^UU]c`\\[TJHT\^YUSY\W][\`a^VYTabipm_ZSZ`dfbccVTUQ\abgf]WUXfh\QPSTVehceededmqv|}zqjkmx~wbWM[ZW\ccecqro}oR^deZcptti^fhgOKY^XZd_[^fdeec`_ehee^[XNWdnnaWGIHMRTWYZY[`XNEU[LH`de_PKY^ZG7BTX_`P@XhjfjcQQ_e[RX]XVY^^ac^UGU^`b[ZXIJQXQUWWRI[dcRP\ZW^d^Z_`[bfgfa_`^Z\^VJMTY[ehgbd_\a]VOagaVRUOMKOPMDKOKUccV7Q_edagjgBOYZYPJKNPPSWTNRLJJNNCCKLQRJJEEID5)DJVVKFKTQNQQPRPIIRU\_TDPPMHD>PVNH9BEFFIHJPVOGRQQSJFEIOUT>DQQMPJLOOUSPLIGONJQXUWU]`da[WVJMQMPWVUQSSKJLSSKOTVZhomjg[WQ@DJKINYaaXSUJ?OSMMQOJC;JLFNZgf][XXVREAFP_fihlkgff`__b[]m‘››†bmrkcaaddicbdeYOKNSZX]aZUQQRSRKKKRWZVOXTPT]bULT`bYSX\Z`XRIQY]\^][\[NBBHKQKR`\QOFGQRCDGJHENOXTSM=OTPMUTKEKIMRMVZ\QOMMPNACRU[]_YNMUSSQMLMPMDGKDGKHMKDIYZPJXXPVQMORTPYZYYZTNM\caRELIEPV]^YVVO>?JRRTVTPS^WE=QYUMPNLNKIKKMDBVSMQO@CFV[WUXX][ZPSXOLROOIENRTEQ]`WLIHFRXWTJMRZ\YYgjh^]]WXTVddX=RROOYUBJRQMNPT_]MORUSJUWSBNOSHIQSRLNOQMOOQTX_a[SL=HSW^]ZZ^MGS]^^VXXUKL]WTpz~seWNLQQRXILNZ[NDIQ]gkcWNIZgf`ltstofjk^MHJX[UYPTTWbbZ[\WIQYUVTPIWW[che[RTPMKPNSUQJEMUZ[VVSHP\[_db^^^_WKLPFIX\^\UWWXUSVYW\fbbb_ZNLMNPQZ`^\VORSZ[V_fhgc\QW]Vb^WOQTZ\]b`^WTRU]fille`_elhc]^[VWhnlb`ecP[mrpkgec\nvxyqWY_aa^[[W^mjjnxrf_a[QQekiheef^`V`aYW]VQS[aflmie`a`djf^Xafgge`[TOP[cea^\^YXUHHKIT_`[\UTQKN\KK]f\ZZS]a`ad]JNZb\Xcc\OS]edgbYLV_b`dfbZZ[MNRTSHPWMUV]lh_aegeSeh][`ghed^[WU^VOQVS[^\afgdbcf_TZe_ZV\[SSVTQU]WR^hj]WUX\`gefgGEOIA@NVUPNJDLQKI?HVUU\c^XWUK@<6CFPVTNHHKSST[_]YQA=BTRNTXW]ZZUODTXN@AHPFDEF?=CJPOLRRMJB>MQRT\[TRTRNQVVPC@>NUMMB?CKOE>IMQRHFJ@DRPBDDCFPW\YUTZ\L=EOHBLQIDIKMQRLV\[[UPLQOVUNOY\ZZY[RTWVTTLDKSVH==FORUXTTNR[RIQQKPVNOMNMXfi_WRLDP]]UUZ\ZPQQTXWSJGOWZ[[ZSRZfeWFOWWSQLPVWQPHEGOOLIC*6FJSVRQTRV]\ONZZSXWUNDGMK;K\]]RI;GQY_\XQLT_dcahcWY\SR]V^]NITVPKMMDQXQIHT\b`PKOL>F\ZUZ__WV_`VNMFFGKPROLP[\YNPSRNHNPRYXJGNW\VKGS\ZFCTW`kl`QORVZXRVM>N\]IU[[^eaVSOFXlnklwrwzwmh_SJPbig\[SNVfm_QU]\YW`[TVPA;B?&3@T[[YSFFOUTQHDMF;FX]a__c^MLIHPNJJA"2?ORTJDUXYUO@QQJMNQSVYX[V@KNXPLPMHNWZUGNTRJET\VYZYNCEAHFDLQUSH=HRZWSTNJW`ageb]VW]]YWZ][WQBUKFJHJPSSQOHKRSECCB8OXXX]_ZQNTYUJGAAHINQVL?IRMDITWRPTVQMMJQWSOLGWcd`YEEPIKECLPQTWTLQ\be\WKFAFOOJTVXLPRLPVLRUPOPLJIU[YXik\LGKOY^VEDOPTRLUTLJQVQMGJRWWSVY_fk`R]iohdYWZba`bkeWNauqg`XPMPJJOUW]^ageVPY^_[UTMLEJQXRM;;HMKIhuviOIKEMY]cVR\`YPRLMC5?F@PUNP[aa^ULLNOSPMY_TH\b][agd\SOQOLMDTQG4DNX\VIEKVTQVQFGJHCMRYZO4;BIIHLE?EMWPPLJGIS]WSOSSVY^T@CIPMIHMPXXVRLLORWTBJSUTEA2HUWO@=]^UPVGLUa^XMPWTRNLTRNSZ]RMLHEFIPRROU\TDABENLGIEDSTWWTPIFHGPLEMQRPIPSPTTRQIQQVY_`]YW^c_KLON^W@HRSYXNDHU[YSINI:=JD@LPIWbb[[PGLRTMKWWWKTTUKIMG:JRPPPYWVKILORQLTXXVVUKKKS]WB9DL]`WX]aXWY\^VWVVRUX_b[LG]mrldhpx€…spiX@AXc`\befaf^ZYNOLGSYYTQQMJPLUXVMPNR^\NJHO[^WQNSUUTQWVUMERef^ZVV\^]YXSUOMT_`TX]YOY]ZW\WSY```[YV]\WW[YJTYRW_a`bXSXTUZYchdZNDSWUWWWMSQTXXUTS^ij_KTb_WU_ikkg_`krw|yyxurlkrpkcbbaihgiiiifhw„ƒ~e\_Y`iggsqb]YYc``c`WTY[X\baZ^`\bb_^]TRVZYad_[WVZY^`]GFVcijg[YSC=LODIQJAJORWXI?GQH;JUNMMVailcMEKNYd]WQPROBGVWQCIFHPVNPSQYV\jzua[ilg`^[cebXVb_\ONVipri^`UHDM]kmogjcZROVUPR[XNPSQQLKMUSTT[dqq`MYWKIS_`XGOXX[\PNEDKA/LUHHYZWXVPDBKR[XW\RJZ]Z[_ee`WMQPMRMYCAN\dfaTRPVXURNQU^\XUNOMCGGJRNKNCMPV_XLOSYZ\UGFBHGGIMK>GTQLPQGN^[T[[JGQVWW`^THEOQRNRF>LUTUXXXTJKOMJJJOUVSPKEEOUYUIBAE^c\SUV^]QZca^\XT[\a^XJGQZbbXZflryzqkeYUanme_Zamd\]_\]`^XMVUUVZXZYX]]QKTTUb]ZWVRYc_UVYWTXW[bYWP[ca[`^TZ[[]]`[XOOah^`b_Y_fbaa_X]^ZWODScec_eb[QYdb^b^_Z[bb[\b_^cbQXdg^ZY\WOKZa[VZTT^bVYdfeacbbnoi`hjlptw|‚‚~yqrsqli_Xalffjbccahq€†„xgg[V]^agki[R\efY\ZXWWWSVVRP```ji\RSSQTVWdkiaUMNYbhe[KO\_b`SJLPVTSVXOMKNV_cZL`caXMLSQUQRY`ed_``caUQKPZ[Z\``__aYSRY\TPG?5BQ_c^YTXhmdbbadgb`a_YRRRU[a[VUYTZRY_]_df_Z^djmma`gppcSL^bfc^c`[]YY^YY\\]_`X`4:ELPQSVSWZPD<7HTNMUOJIMQRZPH?2DQPOTZTJOKBAIPKJSUSQC7FN@@@@@DHVYOKGIHFLNNNNTRLGLOUQNJLKNIIQQF8?LXVMRVRKEEZeaULNHPSQRNMVPSROMH?9JRTSQYPMGPSZgh`\ZUQJOOSQQKGFR_ZQNRSUURNSUW\ZTPTZ\YSPPSMMOE9CF=GITSHCIDVWNNICT[SQYVNW]YRRSYUWZPNQPVPIMQQMIJRSN@ANF=CLLPNS_ifWFIOVUY[RFKMLOTP@8MXGR^YPRPSSQRWVSLGJLOD:@FLUM>LT^aZVMTf`U_fbWUT]hd\`b[VUUbhgcfhfnssnf\Zchi]VOTYnfXWb`_^`d`^a^[[VPVUTPMOWTUYXYQLUZVQPSTPXY[X[WW]SQNHXURZ\_[YZ^^^_be_]bd`Y`^Z`_YOPWTM>BRZX`]aYOJ\a^b^M@G[]VR`dZPLIRX[[S^`b]\bbYHRUUOUXfsoii`]\ae]^fkf\fu|ƒ…€rljkh\QZq|}smeakkkgv‚wme]_deglqjbZYhmkeec_VSag`SZjmklbZ\chda^aaje]OOVX^ciknfilh]VVX]cdYQTYYWZZWRVMSbbcYZ__`WOTXVZ`gggjh^QVYXY`^]adecSORY\PRWUM^he_]Y\cgfa\Y]fd^VLHLUYS]fb]YZQRPW``[ffZRT`knlaU^f_SZ]]][bbfd\UNRTLRWNPWd`NDPY[[[TLNLA?>CSXO@KLGKRLNRVQJAEKJI[ZQUOTURUVSQOK@CC:EPIFC?JHBHPPG;@F>ENNGHPPNNQVTWOIEHLFHMPTSTOLD5;GNRTVN=589-/ISULD?DMNJSSFE@OSUPOQMEGBNKEJJLTTU[WOKFQTICJMKWcdbZVSUUXVUZ]WVTI@CKRVRWY[XUUVQTWVLLVWURKHUXYZVRLEIJ9=NPBNTSK?IcfeWV\[hmjbcZX\ULRZUKk†Œƒqc^a`bYnzvh[^ZGBD@NKMQOJQYYSVYVPIU[XS]g`[VH@HNRU_fcba[QLRUVOMJJI;EKF>NQKBGISNDNOOPKGD;AIU]hmkig_PCBECB8EH@Mab[UYXQNBKU]ba\VMHLRTXMEJQY\QSUJ@QWVSPVKEPLIJJDLROWSEN`[YU\YN_leW^cdYOIKbhfmmiamnofZS[``ZVZeieYST`cabjnb__^SKINKLHPZ^_\XPPMQTTNKQZWTSUJLQY[YYPQNLIHKS\V?IVTSZY[WRYecXZ_VUUQWZ[WIDESV_dXUOHFRX\b[KAP^_UN^d]TOOX]fd`]\OW\b^PD?AKPPMONRTWULKJKNGJIHHD:GKMGGMQM7@JSQRYSJ9CKHGCCKGHKFHJOPLGKPHLLHIOPVM?DMLCKS]_[VRQRQU\[WRTF@JNNSUWZQNRVPPWVJ@OPWY]YGIOHOLCGIIA?EI@9BUXJGENYOFV_ailmjjafaWLV\TRj…ƒh]^ig^X]on_OZXLRWPXUQPMA6MXZ_\UOHORRO\gd\`_XJFIVaa`]_ZXPHU[YVMG?>EG?GG?DFFKQPGMUTQMKIT[T@KRSOKGPQDBKQK>K?9?JTSNWTXTNKMUL9GKIORKHOWUOKMMILKLK@FQRQJIEAKLMQVTMDOUTTIHRPNRTRLTZ_\XKKKOPPTNGAGNOEDAKPEFPOLDAJQGIQVNPPQLF?EHKUXSQRTLCN^\UOG@HJFADILOMQOKNE9DJKMKKKLQO@IQXYIEVTK?HFMQVSQSJ=DGEDIINWUOQQLH:DHHJMMQPRRMGHOIJEI\c^YWY[VNORSOSMLQRQKS\ed_cdZQWWNPVUTT[[MILDBF=?DJQGG;=@CLQORWbecXNCDSc_]d`ghbXXORczˆ{m`jwq\PUZVVTMLS`[Z^^YLOLOUV^a\RPVZVPQ`mifab^TICCSVVRPVVQDGP[WSOILROPQRMECIOVVTQXWQLNLNPLADRRQLQ_ZHFLJX]XI7DR]UNJU_^UOLF7ITVLNFDCFG6>OWWVWX]__WJRYYTUVQOY]TGHOHQOJMOKJRQ=DIGOVYYUOSX[UGMPOLNSVSOLCMIPMPZ]LERJGIKMSSXUXVL;?GNQWPSUR;JGILMDHJMGDKPQSVTTRJKNQFJDDPPJGAJKKJMMDDE:CJNRTUMPWUMEJW^ZQPVSRNF:DMOPMFGPPMLSXXTQPNE<>43GFEYcec\WUSUTOPUinomdWKTSWn{yw‚‰Š~oe`cYXOKW^WW`g^QPW[\XPK>BS^^VMT]flheebXRNKRPNAFKOTYUNV^]VNOQUTUOIEAENRYTRUTSLOSIC?=QWWSHPc]QPMLKE]\QNZUKANUTMFORJDJKSOQUROKLYc]GDAC>?FITVYYUX[]UOWWUVUSQTRUK@>PZ]WOOSWWJIKD@HBCE>NXWTRKQWXSRRQZ[[`g_TNNOEIJCNNISZYSOPLUSNSPHJRTJ>HLI;KX]b^OHUVOSSTUKKUPU\XNT[XOOPNJLLK;1BIONKHSSMIHNPLITVPNKFLRRKIKQV]YY\]a^PKMTWTTXY^dee_ROYfotpda_VXQ^ZKBFKQTRO`Zbppv|{un`XWWZWPM^feVV^Y_^ZVSNGSX^ZQT_e_XZZ^_]]b`\WRUWVW\``ZVZ^XPHACDPY[U]g_QJRY\S\`URTSOT]`]^_T[a^XUPQ\cYVVTX[WPXbc[UVXWWYX]fi_V_^XQMSYY_]ZY\[ag`POT[cg_XT^^a`^WVPQ^YWjuytgjs}ŽŽ}^cpm`cp|€„€x{ydahb\`bdhhfhrvxtrh^dlnlc]bcca_]a`WXT^]Udkf\cbX[VNTYYVNMOOKXbaZ\\QJRWVMR]b]MKQWaa\Y`ifa\`\^eXI`jcRU\TW\ODRZcc[OSS\WSXX]``[c`\U_]cd_cfg^[RCX\]`SIV_WX`\KIWX]cgec`WahfXL]_ZZXYd\PTUPZdgbca_YX\aac`a`_\_\WWbdXYe[GJ@@DKHPIF=O]ZRUZXG:KUXWMHF@97HLY`b\\SKGFHGLZY[[WOHJGESYQORVPMPQRQMJIKMKNOQMFAENF<03GNPMMLDA?ADEJFBLT\_WNEJLNMOOSSMG>:BMPLGIRJDIOQHLSOPKIHIKJJMW\_[SKKKEFJGMRPLYZSXXMNPHHPNOREENJ>KT[^XRJMMCQSXRJFTTTTTYTKJTYYZVPSUSHKNUfrl^TMOSYXNJXentwvfW^d\bfbjxwƒ‹†xkgiidcTQSKGY\WLSXWUWPJJOWT[_ST`emkhihcYPKQULLQOHPYRNS[[OBLUWXVGADHMSUUKFX[WSRRSM;@LTTNEHYQGMKFMMK]`\YRRNMY]MHQRKOVMDEOTVOJE<8FLKFIMRQOPMNTMHKRX[ZVLTTPPSSJKMAEMUXWYdc_SSURQUPTRRSTVT[PFEKRZPFDLQVTOOKNLD4A@8CLRVSMKQUO<>IMMNCBKWTMKMOTUMDCBNUTXVSSTVRIFMQLLRKFNRJ:>HJIDGTX]e^SISRVWWSMNSUPNHOZ`^XC=GFIQMGKVVRJZ]^`ZURPHFCISZUILNbornXEGEHLUVVSS^jwwmbY\fjaGTeu~~yujaXNUW[UNSPPKFCJXWPPOPMY\THAW[\adfifdb][SIFHGIMGIJQVQME?DHLNSZSEIJIMVWUEKZYPHEBLSDBIHQSQWZSRD@=>PRQUNEWbZI^^\PMWSOOUPMPTKIPLJLJRWYY\[RAKKJNSGLPTTRNINNAGYZXWWUKAJSMT_igdZY\[VSQQQPYXUQSZ\[[SNF=:FMJIEHONGLKHMOFHOQKAKORPRRPSLJJMLQURHTY[YJBLGLTYUL=>GKDABJI7(8ISTSSQ@;CD;=LMPZUMRVQO@BJWVQQMKV^`[PPRKDFKNJIRZPGCOY__SGQWKNNPYUQPSUOLWSKMPKKOPSMTOTPMHLTOMYYX]^QPUPTKPU\_^SZcgc\\[PPXLFQ]`[RcjhhootphV[d_\^\Y^\QRX[bl`Tbffbdb^]VW[ZW\`bbXZYTYTIGOVYUVWY[[VP@GV`cdaV[TRXYV\\YY`\WWUW\glfeb_c_ZSMJQWTRZTSVWYTLQZbad_ZTP[b^_Z_cbYUZY[XUU_^Yaf_XTUZ[_gd^ca_efcecc_XSXfy{vvvx|†€sX\\XP[fommvxj_lszsfa][`a\V\kortd^nuusrb[a_YWYV]a`\ajnf_cehd^^`]WZI6LYWWZYLS[ZE@IOKQZ\_^WLKBGU_SAQ`aX\ilaZZRHTYQNISQJANWYTKUcc`bdVLU[]QNMPU\_cc_J?DSW^gk4GLKEUTK\cdYRR^hkedZXRLTjm[S`_[`^acZafg_VUYWS_jpsn``\ZWZ^``a^RS]ce`XYWKGOGMOSLC,8MKOVSMIJV_]UNEHGCLTRNEESMSYRJFI@1ESRMCJNRV]XPRPKNPKOUQO]]XSSQPBCCFFOXYOBIJC?IQORZUSOPJHNVRHAKVZTJJMQOUVOU_YLBLQ[_YMHJOURSZZTRNFCEBFBBLGEX\YTNLSLISZ\dli[SSPOPMKOVYUNKBKV\\WMEEDAKNOTYTMKYagqrdYZUO[bed[MT`lkhbSFFRTPS\cfaQP]do|v`V^[ZI[z‚~l]bbYFPIGOQYUOFA;DMIFBHIQT\VK6@TYYY\_`a\URRIC?9>C@4CNRJEIJELQTagfYII>KUWTL;Q`NP\[VPVOSVUUZSLPU\YOW\ZVYSQTVRGDIILOQIHIJKBMMOLMZZQNSMJAIO=Na`c_\Y]dZZ[WWQQOOUZ_ZWVLOSJILOMLGAB>BOURQVODNPNOLPTMGHOMJSTYXV[VURUVTMPXSPGINNIINPBDINJD@>KQGAQTOICHPMNLHR[V\[SMLCJRQIIFAO^bTMUZP@?:>:FV]WABJPTTODGI?F?ELY[YSTOIIKQRNLPVPLTWWWUI<;LLGT\UZ^TTRU\XLNQZVSS]YSPTYKNROUYWTYY^ZTjxzszyl\nlSNRTVROPMUet}hjc\W\bf^SSVXY[bfc]WNHMTOHJONJKRNMOSTMFYdfYKOZXZ\]`[WV_cbZYXZ`gig]^ZXVZWTTX^][[UFGJRXXQUV\cd`_]ZXQTX^_YQKVTUSPV`_VXUOMXbc`ag[QZ^[ZVTYfdb_[Vbmxpqx|„…o]dfecV[ll^cqrnu~wjcaa[RQV[\bfnrjbltkilibfjhjh]YZ[[_Z[ONU_caVWWXURLFRUWV]_PIX^[]bc_]WTYYUVXSMXa[KTUXR\dbWLTN?FEKRW[[I@V[WVWU\\P\_ZUPWWTSYZZWYXWLDTRQTacda\^]_`YRY[YXUQY]`fd\`cagmkaYaeaii_UOVYUOPSY[[`lnjcbbdcfba\]YVYW\`^SCT^[L@JIHFIHBAJQZZRUMDO[XPGGMJHMUUK>MTURTY__XNG;7HG7:KNOMLNGDKTWTB6GOWUOJSNELGB=HNOSVSMGKJHPVUWZXKJKGDISRLNMNME@AJNOVURV_^UNPRUQPQLNSSWSSUPJLGAIIIKIABQXXROLMXXPTZY\^[b_XK>>KPTZYQHNF?JVXUQTVSWVSTPOSU\Z`fmqfTRLNY`^[TPZef[TSSNGW_ZZ^b\]TRT^wŠ‰qVVg_SQu€}md`bghaNKX[\VH:@KO@DSRNQVNRWUPXZNZ]WT\WICMROFC@JMMPXXMHSPCIFEKEQYXQJKPPFAJLNTU[\QWTNGF>DGIGDEELFCNW]VBDNRXWMSPG:>JH?EQTOBHIJCJQSUUUTL=LPLMRRPOQPMGEFKQYZUKHPX[XMLQPLHTRQMQSRORWY[YMMTOLGEFGMRPVROVWQPPOHN[d]RPLCGSUX[TPUQKPNRMSX\UVWXUKRX]V\^``d`RMLT]YREEOUXRLOIDCISUUVYQEH[ec^s€rjlkiLKistwlgiooaLQckuugXHLZ[X[XINVV_^P.E\`a^]_]VTJIIQTQC@DLO=?GIISYQR^_VQNLYgb_[VM9>OKGGBBPPLGGNEJRMWRVVRVNE1FRYHK;BNRKMGEQSWXRHKPOGUUF=PVPIKTRNLQNCDPU\ZRECPVUW[UOQMMRVQVZZZVRDRX[VTOF?NVRPWXUSPFFHQSNNNMPRJI>CRTUVUIJ:LYUQWXYXV^]WVNRWSBLI>NNIGILJ@EJICQXSIKLGNOQTSNTQMJEGLTQ?AJKNRSRRQMLHHFGEJQOHIKJCANPQSQSQLMIOUTB?UWPORSPMQPHKPW^fd[QR\_]ZTGFTWULGMNPMGEEIY[F?LNTWWXbd]QKHCEC>FRVUKDFPWOO=EPXZWXVW`b_X\]RONIJONPRTQNU\]WZ\UNEYa_SVjrvwpgZIHXbflppjid[KLXiqtj^UY[U^bUHDLVXSB=KNTZ^^^VUTNCMVUOED?BDGJMMORWMIILNUZ\de\SQU[OJIIBCFONOKCC@:CI@AESTO<;CHQTPA5DJK@TjfV[^XUPU^\QLSTXVXXVRSONQJHDOSJFNOSX[VW^YTQKAKPX_\WENTQPdqwq]OIQWXWWY[YMKMHJUVSNFFR]ZT[_\RSOJLX_YLNSRJQWTUXXaglZECJSWZXWSQV`\JBJSVPJHJSRSPRUVQJCINQ[XXVR[\SMRQOTOKUWUQKLW[\ZRUONKI@KQRQV[\SWUOGLYXQRTLHIKHOY\[X_UALRRVMCFFCES[[]^_YWOALOQ_bTW]^XTVTH\gpl\LP\_UUVYac`TPSWb_[Zsxl\aWUMQXfh^[XZ\YZ]SD]lz|sb[aa[XXZYPUXY[]_`_YTWQEQSJDQZWPMEJO?HXYQKPTPV_\\[WY\WP\\Yd`YVRTUUPDOTPOOR]ZJR]_PMYZY[Zab[UT[dc]`_```\VUXYbaW[\XYZY]ZVXVNUba][^VQNS[XW`mrpoklmnvzwmquuomihhjjqyxtvxoh]XYWdkhejprsobdhjjbYcpvvuhacc]LS]deY]joj_WUQURPN_^TUQTSSPMHFXce`VJJUTT[WQW_bgeb[ZRTWW[ecTTTXTXW\`fe_\Z^hf\U\[WWUceaXYY[VW`b^ZccYNXboo_Yhld`f^TYjjXW]`ZY[ZZ]b`^YRYdnldedeghfYP_ea[ZV[[fed^a[R[geSRSPOUadadee_`DGH=B=4EB==ACFKQYZZVYQLVYWMJPPNPVRPKTMTRJHNVVGGAOLBCNRQU[X[[QKKHRXURUVNMMNTVLA@B>ISNEBABBHHCECBHLGB@FHIKMECBQSSQJJUXRSTTKHC>9CLQOSPSZbaUPU`bbb]KNNPQQSVXRH?GOMLHDQJ@HSSUba`UD87ERMKOQMNABSXVQB=@HNTQPV]__a]_]PROHIES]cWUS]]]``UKEV^WSY`fluvq^FP]Y[hstlbXFJ?FUiqtm`\XYcdYONRUSK7GSTQVUTUILWRNNUQHGHEHFC?NZRPTTTTQS\XRS[]ZPQTOIFBBQXRFJMGEFOPHJSZ\\UICAQTNORQSSAEUSQLNPFVmj`RMMMNNNUQLOUPQJNPXWTOLOKB>L>8A?>CBNZ[XTWMHVXNQ[ZTTMNPku{r]OHRZVUXYVQHLTXTPQDDNKPXVHMPKMJD:FYXRNU^`\LHMJPRR\ZTEKJIKWXVPKY`cWNQQOMLECJPKEGRUQ@HNOVTRW[Z^ZWTRTWSSKNOMH=BPYad]B=LFMLFCKLTXUGHPXYW\XQJJGGHIJPTRNU^^SZ\VTLOPLEFB?LS\c`YEFPNLRWROMTVVVTSKWZe_YLQWUUXNHGLZfe\_`YWevxrqqeY[__ibW\YYZ\a^[RUh~{gTU[YR[]\]]`bVS`dd`STWWZ^R?GV]]RITYS9Q[ZNQX\]aa__WNUUTRVYW_\ZQOVVTTSQWejgf`\^b^TNVYXX\gg\Y\gnia[YTXXSU[LQ]`__[MJPONQS[\Y\ahe]]WMJU\^\[cfhqtd]hu|uqlrx{xnhnrz~{tqroi]SV^fmomhemspjihegfghhnmng``dWLKQcg^Zbb[UXRVR[djh\QXTXZ]ZPOJBNWUPHNXUXY]XY]][_ddc^]b^^a[WY__XXWT]gf][begf\QK:KXYY^ga[YOPRVSRW[ZUKV\\bQ]rug]IPXS`eVO\]WXZYbeimld]Ycligmihgea\_dia]ZY_\dghd`^S\]ROT]^acbchoof`]cCD>JKF>A@FNJBQRRTOTTYY[[WMKLKELJJF?IPFSOI;GOOMCAIFBGHIJWULTUKCHB:KRPSVPHLPTXSKLJ?AKKKMS[ZKA=55DJHIB@JOPFDEDKIIOHHNUSPQQRQINTLB=HHHMKRWXPGMRTTQRMNFBIIMKJC*+JPKBJIQQFGLMU[VMSXXV\]PPY[TX]ZWJJX]ZUSOLPYYSRKFLHDFKQRUYSHSX]`[TI=9FHPVXTLONGDR\ZLDJOWSRXTJNOLQLEJGNS]UJKMRTUORRUWNGGPPUWYTBIMG@INS[]XTRQEJ?27MPGHHFU__[VQTXWGDK[TJFLOIWZXWTSHFLPQKGMSQSYaed]TRVZNJKLC/DOVROYXTRWZW]aYUVSOJNTfrrng__ai…€{zwdhkf]DGPHCS\_]WMFjuwWZcfc]_`\Y]a_XU`ddb\ZUSLKA5@KOTRGOU[QUf^XQT]dc^^agaQTVTKMQW[WJBONO]^TZmokbW[b\YX][UTZaed]TfpqibTRPX]_baXZZWV^\J=JLMXZY\\]ceddiib[\di_]][[[aW^eq‹“~kflvztgabhppnswvd]\dakilmqkV`gfdbcfjikhbeieYRWZQUSejeXTVZ]b]ZbbfkjZV`b]^`XDHW\\NIOSX]e`^QZX_^YSPSTWbec^XTN\eidc`\\hha]a[Y]Z^c`V[YV]hkeZMX^TTbicSDNX\YWQMdmbSE\hcSa_a^c`_[W\c__caVWZ[V\fh[^``ZZ\]VUVZ^YZ`^^[ZVWUSYZahf`]\[hkb^YR]KFPVJNQPOPRQZTHLOUYZTWWWOOPFCEKSK=HJG\^TE2?DGNRONMLJHETULKEBCLI?CPMINIEIKQNHNQSMJPIBGTa^QBDD?HKDJLJNPOPSJ>@88>@IUU?BSUNJLKX[SFHE6;>LWUVPIEJTRSPOJ@@MONLNHIPNLLLMLHEPG=DEKTIBJNOQSQXaZVI8HLQUJNTTTX\WVX[YWZXTRPKJPReooiNP]]VYVJNWZX_c\ZZ^fjnlca^]\`sƒŠuRLNLQRYis‚n^PD:8?FILLJSWTRL<GKV_TEC=FAIKRYWLKNG?;APUMU\UKKRFEQMNYTXUOKEGMQJELQNMWTONWZVNEP\_SNV\[UOKFEJCILOWdjg`WIBR^XMUSNQRY\__aWYhiPWlnlnr{xqxlZa]N`lhYX^gb][YRVRMXZTb^[U^ac^XWPUXZWZ\XVGQRRQFMW\^^]^XRMKKPXVV]LJ^`]bdWHIPMV[XS[dc]_]YSY^b`ccd[VT]^UNUYZLPV[VTD>JUXVaZVbif]^^XV^__]^PLTWYbggZRQZUP]c]]hoqmbcbhipqqwŒ‘Ž€rieax{nURTV[^jwsnvusnjdch|ypkfZ\^^]aa[_cfeb`djc_`ceZKR^b`_djhig`acirkZETYVMWWQW]ZZY_id\_[QY_dbXahd[VWWMGBF[YZ_VSHLOWUOU^_[VXY`]OEHXXWZXX\VMMRXY\\ZWX`[WFO^c[IHLGXfOZa`RP`iomjd`RSTXVbkidaZP^bcb[YRRUV]`\UUTKJLTNI]eebbd]XZ`c`ec`WLEOX^WLDF?NOOYZNNIBDAFGHOTL=;C<>EFIRSDMV[ONDINVZ\VMRRJQVXYYTGFPSSVR@EONJORPQCBFEPJLPELNMJOSNC5IOIEINSMKJPQPLHIGBFG@FSVKA?9?HAAHPXLDNOTQTVJOSWKDHIJGDLVVOOTSULJLTZVNDSVXXQUSKRVVIFIJIC>JZQT\b_Y]^VPSTV[ZY_da^\TUSWQW\fghkldUTVRRX\Vhyxsovxm[PJMPRTkvupdWEPW[SKbyŽ„lWJDOPTNEMPOKCEDJQKBHQOMRWZRSTUME=?CIFFGFDEFHO\Z\RCAHRXYVOY_QIBEPMJTNGVYYYZTLGQYRFE>6F@7OVR+1ORQNNJOPX_]YUG9MSTXYTGYeaVIBJLPY^_[THBGLMMSZUQPJDHNRRSNLDGTUY]_\NJJOTWVXUSPPQLQXZWH?R]YOB@DGJPL@HOHJG9ESV[VPPSPIL?B>DIDHEJTVX[ZYOPTQWUNSGGTTTMJKMT`]UMLGQYZZLIGLIKSTQT]\a[PJJQXSFINLLLJIPORYVOQ^^WJOVX\]UHHNNFGLT`ge_YMFOOO^cb^\XTXSZb\Sgl^^ihclotn~†‚o[VMakcPZgme]SFHRVZVKHYYgcilaggdUW^YSSU[ZY^\OLQUbaX[Z]]XPSPJSUY\RRZ[SGJAKSUQFUVUZbb\[^[V^ccb_`\ZVNRYRNPW[[\ZZbg^RVVRWXT@V`a^__bd__^`bVRX]Z\hkdVUTYW^YTP]mqhZZR^eg^[`sŠˆ~opf^dqm_[W[^Xdmrsqkehe`XfptnjkdZSTZgole`ilcXSV]__[]WEKXXbZPP[c\T[]bhk_GG[_ZX]d_YUU^^`jkb[WOZ^ec]dgc^``SCDA=OZZ]ZRQMNVOCHSU]^ZWPW\TRKOWRWaeec_Z\VZd`TY_[VOK[d^@OWLFW[fb]`bglkc]^__fle_`_]b^Q>P[a``WIGMQV^`[XYQLTSBM`^XXXcg`]af_a\VWNJU^_a[ODFMSMHMONFENSORMINFAIHDC=EHV\]PPOLB<HNJFAFLEHIDQVWQCDII?HKS\ZJKUWYUUUTUPNQTOFFBOTPDEYagf\RHUYV[]WNNU[YVVTPMPWUWRSWVLOU^[WYWXYY]YRMUehd\[__[OTUUNJTfg^YTRMRPW]hpnaWY[RQKKMKMPZhjjh\VU\XRQOn„Œ†}nNKWWQJGMNNJQTF;EJLIMTSYWRVRTYWTSIJPEBAHG??GQYYZP>IRRPRQJIUP?3BPSQLLW_^_b]SJEMRPKLNJKBBQ]XMX_WTKGOPLYYQJKJQTRPWOO_ecVOPQIJPMMVWQMRTOLW[YUXOOMMSVVRC:CV]ZWVSRTTMLRUPORVQOU^_b\QGGQOFEIIJQUO@>QZ_Z\XWXNCFAJKSXYRHYei^UPQRPKLLISRHD?W[]]YUOTSNAADAGRUKA:HLRUPQUVTNKNW[TD@I@ILX\U[]RJLSYZ[TSB;EPRHCFLOSWSFIGJSOJHIDORNZ^IIRRPOTSNTU\YVVXNHKOIDMRXVUSMGJPIV`jeTNWWVTa`[NTea^c^TckhiŒ~a\[Ychh^bb^_^O?;ARVGTb[Jnkj`bic[STOFLPRLWa_RIUZY\ZSUTTTSXXRQTWVPW^\UHDNY`a[SLURQQPHUZYSU\bdaWZ[XRNQURNIPZb^X^bZWLONOPRRKXXZXQT^gfcb`TA=KZ^ecXX]XGGQSRQYbgbYV`qukjqv}…‡ƒupl[dhllmhfieijgiggY]`WQ`ibisskg`TXcgjmbdjda\]aa]SNMCSWYZVLSX^YMQW^cg`VV`da^``c`VNY`\dhd[RKNSWVYcdecgbRKXa_ZYaaYPRYTWZ]SKOUWZ\\]c`Z[USNU]VRVZ\_\Xa`^`a[VMSgk_FTRPILUb_T\cilh\NTY^`kkdUT^hh`[]`[^QNUUWVST`_aba^`ZU_e`[^]]ddaelkha_THKX[V\]PE=KWXSLIEEMTSLG7HUSKJMLLMEBN[VP^SJOQGPONJFGEGHOUVSOQRRPOXVWTMRTTTRIITP8Q\[RH=HKB@JTTOKBA@;=EGLLKKGGMMHEFGEFH?BIPSSLKCBPLFTTMT]_WRZ^ZQB::RVSDHFNRQUT]`a]SKAHRV[]cZUVXYXUNR[[VSNW]WNLMSWUUZZURXS@:R_`RGNTa^QMVXTOFVTSRSJOKORdkqn_EB>OUQGKRSXXTajk`H8DFDTMQy‚†x]QTQJBNQKHJB@7=F@ACLSUUQMTG?OQXYKCL?EIJHMIJPPTXXQNLPQQWSVVE5:>ORKDDY]XY_W[^VKHIPXXQ=>BNVVOebXREX][TTZMBIMILRVX[OXYUPU]]OEKFLY]VVZOESJJSROPQSPJGH[]WQPSVXQGLKONGEV^aTMMCENMHMNSTJHVVNFFAHOE?GLNOMLGV[[XUP;H[_]XQCDMQLTUIMKBISTG=LY[XMFPWNFIHFIFO[ZRR\TKKMSSMHGHQZ[MQUXOMMLPNSUSVWROKRW\hh_DESW[cifSZ]a``a_`de^Rr~€x{nhhbiileZ]fe[MGNNLL^d\T\YSXd_[XWPPQPUMDOXUSXX[UMICS_XONXZ[UXSGJYba[PGLUY^c_NBEJSSILSQJORW]XXTXVUPFMZ]_VLOQ]^YW\VTX[XSW`fbZMLW_b^UO\WSSGI[[[]gc\RKPSPGKSVYUT]mojr~‡‰‘–“‰w_Y]fcd``gqqxrobaohheTKZ^`jvtfUSaa\[cjadibc_XRXVT[\SVXYSN[cde]LRZ`^cg^TQSWTVZ^_ZY][ZRRMS^_QDKQTVOVWWYXY^ff`WSP?8T]`ehf]EX^^[WT^`ec^YXW`XHIDJS[XWXWV[`b_[W\[SOY^\ZTTQEFM\_dVXUWRU]^cc]\^oolllee\IJ[^\`_UOPX^cig]QPV^`_`_badinkcb[PMTJX]UUWQGDLRYZQEIJRUQPJQ_f]FKWVRKDGSNWOHJU]ZRNF@ILKGLXYYXWSU_`XLSRQNUXOEDGHRF6HSPRPMO=:@FQNPKIIC8>HFA;DB;CDBGIHEEJSVNORSTVM=ALRUNA8JW\YQV_^YRFKNZYNHGFT\[VOAEEJTNCHS_gi_YVPIKJ7JYYVSPRVTNMIU]_]XZZ_YVM7CRRRXSLY\KET^a[PQUPNPVYYUXgnx}zl`_^`]VNKRYXRUcg[MKNJNPMI`v€zf[REDFDPRKMLCFSNJRRZ[RROMSLMOLOWOQQPMMNUYVTQPT_cbVENYYX\]XQOVIKKLPLLBLTPAT^YKPJHGVQTRMEGFDNOf^[cb_XX[WNAIKDDPS^ee_`^VW^_PHMFFKOPIEUTTWPTZ\MILSPKLScd_TJSROQONKPRC>HELUXTTUMIQVYT[^[UNPH9=AJPUWUUVSNXWRXTOPJGKHGGINQFDRXURSSLMUVTQRGGSTXXJCLHKGMSLPUTQSRLJS[YVMS^^ZRLCHPYWZZPIQWTUSYZ][Z[UVTSLTYTNRQMLIQT\]VNNSX^ddXZY^ZOKENYY_XOQVW`d_O[bo~‡…tdhjbeheTXaecVWQPLYe^W^baaitj`aXTTVRLNM]`VV^``\YWOSaZRSNOLTX\ONN\ZVWKEPVTWTNOWWOXVPROMLQWWUUZ^`]WUR[gjfXFS^]_bgd^]a^U`hkcXOTWY]WVXPIPTTXafaddb^\UZXUSTWX[_bimelr{ˆ”žŸ’f_dhffcfp{~ƒxmhopkd\Yab_kqkcJQfi\SQ`jjgd^][Y`ccd_YRQTVRYeiaTRTY^bhjh`WLKGTX[RPV[[WMQTT\b_RUXVTLOUXW`_cb_MJIPGFPVeghg]XOW^aWXY`VSKPVabV;LPQPMIFYaT]hfeYDPHGZ]_ibTOWUHWUYUZXGKMW[VUUTchghghb_\`XNPYVT[UMTUX]ecWJ@U\\\dgbZMcidZVZVPTWZTPRQIARTXYPJTYRLCISS`aUDEQSPONQLKMSRQJILMQD>L\\TVUQRWIEIRWLC=KPENJCBQL>LHAFJINMPKDEQOBJKJELIELM@16AJB=?KRNDFHIV\[YWQRUPHHIILMHFKTVXTWYYVLKOKQROPSRPPRQMNNOOW[ZLLRV]a]TIPSO>?T\\\PUTQSVSZ_]XOO\\VXUNUYQ\^^^^^WMU[\]]\VMM\_ZUU\fl}‡ˆ}cV\_ZOSWOCLN@IXV\]UJJCHFO]vvmmi_JIEBKOMMKEIIB9MXOQIKJCNUWQPMTTZ\[URORWYXRMLTY[VALLLQVVTU[ULFMNLMNHWZKAPPMMSYUCCNUSF7>IORNH\bg_NNXYXOBGLMJRY]dgfc`]XVRNKKLICC=>GIHDIQWXSTTPDKQJK[`a\WOIGKKGJTUI=>LXYWTXVOFOZ\[[[]SQWL?GOSUNKPWZOHKRYXTQPR[^a]YT``\QAPZTFNQDG>HQJNUWIFIP^bWSMGGDDJFKNPOLW\_ZZULPVRDFT\^SSQRUZZTFQ]][\UIFTWUBKUXVT\]XUSPQPOMX\XYQSK?MNGLKHNX[XRVW\ZRWWWXWSLEOV\\[[LFY_`_U\]fkuuw|‡‡yfedZRQP_ffdf]OQSP]_ZY^TQj`cWEX]\VRX^d`Y^abac`YQOUZ`X@AFW[\PKBHRWUR]ZLLLT^b`W^]PHKNTUWVNLS__^^]UV\_`[NT`eilmg]NTWVT]^[YXVMJV`ebZY`]Xcmplf]TYYY\^[\_`WRRZkpnirvtyˆ”—„vhfhaff`fu{|xrfbhlk_^fca^VXPVW_feec^Y]]^d]R]fjh]UISY\^^``deZPXWS\gjkiaZUNQXWZTEIKPNJV]ZV]_[YVUQLQQWddb`]WTLPSSR\\\XWagZQT_ZWWSRROTIT__\SPP[T?8Wgie_c`db^UJC\\QVXUX^YQVV`lldWNOY\ZOHU_hc`geZU`c`STXXTXZ\Y][agfaPL[c`X^c[VLVc`aa[OKNVLHCEUPQ[ahgaUSY]RBJNNSWH9@MOPPQUKAHP\\R[VFJUN9:FSOSSEMH@CKVSTRLRJMUSBISURPMHLQOKIOQPTZVLLRLGJNMIG=6.6LPMFHPIJOLJHMPXUNKNH?JK<6CNSOK]_ZRY`^WXYUPLGRVVUQTZZYRBDSZ\VKJOHLUSFLTNI>Y]^a`ZRHOOOTZ\UTWVQJNMOUVLNW[[UUUY_WPOLJMX`cg_UV`_b{…†wh]VUPTXVK>GKAEFV[UHOTTQPQX_ms|uiTW[RPK;KLGEIHBIQSH?OQLQUKBKSSOMPNGQXXVTRMPQT[a`UUMKTXPELUVLDDELY[RQYUQTI@=FGOOOQUPGHMLOY[SfdaUWQTWVJINVTU__[[^`b`WMPNNMTOHKJ>IRKOTQRSCLZTAIRRL@FW]YTJ@AGC;KRICJSYWTTSOLLJYZPQRTOPRRQINUPMQPJOJDNSUWQM=<=GQURKPW][VUGOVWPLRVZVV\XUWPMJT\WQUM>BISXNSVUPJPY[TPKGBIDALJC?KOQS[ae[NEQ^ZN;LVTPLBGXdcYMAGKNVWQ?HNJ>CUULKY`XVVSNGBQa_\UTPMFLK?>HRQPNPRUVRNR[`\WPDAHW]^^ZRINQV\`c`hnsm[l‰•‘…f[^a`_VRZ[U`]ZOSZ_e\LKFTXaUQUXaeYSX\RBU``Z[^Y\YLPYYUEJDBURFBIMW[PXbb\VTVZ\ZTXZTRTOQTRPJTY\USWSNUXZ\WQWadihea\TPX\XZ[[]U\`a^Z\_[Z`^Z]ebTZeXOKNRWV[de[PUcffjfnxjt“‘…xndfkjgfehspjfb[Zc_X_dc``aUKX^^YXkoi^WZfeVKQ]aYKKRXSUZ`eed`UU]]\X[]_`WUVTWOKLOOSVTX^`YVZ][WPTYZX^``dc\Z\ZXVNDNX_[IObh`XVXXGKVSOJORDKOV[\\VYWE?ZebY`_]glbXL@ING3:HW[[UNWbc`]`cbde^[WS`ccfj`YV_d\QP[[_\[[[W]ddb_[_bhd]^ecbVOMXb`YMQX_cNLQWQQ[enpohURTJNURNTXHD>ITTQMJ@BLV]^VA^SGOXQGJCMSPDFA?PWTSVNRVOQ[ZM@LRWOHGFAA>>HURRVNBPVLAALMINKKBALQO?@F>DMQG?CNKOJFHIDEG?DGLSWX]^TDPaec`XPRRFLNIILPVXUGDNONSTOI80GSTTSTONPUZV[^]UKQUX[]\WNPK56AEHEBQSPNH>BT\\VROPJJVcc^\VS[XS[hf_de]RV[WUIJQPLFN_aWJQTWTJIQVb{ƒ|l]\ZQOB?KKBCDIJJFI@7PWSQSLF9DLDILAFLTRRSM>FVae`]_]UTQGQQLML_jjc]Q:FRUYRQPQXVMUaf\SW\WRB7I[YUNNLOLMS[VOTMP[]]SQRUUZYSSUVVYbhg[P@DJVVXZXQDOV\[YSFAEPTQSQYYICEILNGKSSKF`YQFILADKLQJNLNKWZZ`_YHHJE:ITQQVTRPQSPFGQOMTTONOQID=:CTWYZSDHICIMKISMGCBBFMMLLRVRRRP@DNULCBCAOTO>CMMEFTRD=JHFDIKPQD;LBIQXOLCJKHMNXZVQMHFKNLSY[OKW\ZSPEBBCMRPUOKGNTQQTROMEHNSVPTPKW\[XSewwlfluqm^SNPBBKRVLKYb]^`XLUZUQl€…ˆƒlUKJ8=MXWHFKOICLB2EJEMOMGHFJQV_\HEDNQZ^[SRPPGBQW_XBDLG@PUXVJ@?LLTVTSWRQ[_UG:<@KRMS[a[IWWKL`a\??@FIDBP_h_VZ\YUYTORU_daa_VNHJBCITSROSUKALSOEBB?=HKQPTUTSPOSHKKRVWNKOWWPPQXF:INIIRZ[SKMONSQHLPTOIQM;Rcjj]LNOLNMSUQH9R[`d[UY]WOVWRGJOTRLNTRNXahmlf[UGJZ^SKHE;<==KKCQUUUURS[_aaVNGPRRUUVVRR[_]WJNY]bedRHLPVRH;AAABRRKSY_SQUXRXKWXXSV`bilaVY]Z`Y[ecfgnmwypPSbidhee[INEOV[`w†Œ|gZ_ce^_]RNVZ`^UIGNI?;\ebYQ[YLEQRK_cc^QX^fc__bYX`bTPTTQZ_]SUQPILOHP^SORQPLNPNPGSXehe]XRTZZMY`]]locWY_]XW_Y]a\UKQ^_^REFLVTMU\_]ggdaflkn…|mhe\VbhoqieV[^^fjeU`kjcdloaIVahkj][]aicW]jffcff\QN[[XTZ^VadjighbXY_]b_]^UMPV]YOKMZ\]dkhiedVYXYa_giicT\_]XV`]Wblla]cbZPJJQ[YQNXUO]b_SUfqlbUMMRWZPY`fcb``^YZYW_e]ZRDHWXXMNP`eRTKRIO]`YKMU\\^]^cje^YX\`cd^coqja`^_]VYXKOXXPWe`SSYY_^ZN]jf]OD=HRJQKZb\TVVUJBINVZPGHNPLGDKLKC=QQMPLJELQPTJJKLXWRPPLOYRUQTKCPCBSXOJTVLPOPULHHHIOMEDNSSKH=AIQHEFJNGCMNGNJDBGB8?PSKRVSRQTL@APNKNB;FOQQIKQQLNVPG?GJHDHMWWSLKKGNTHAINKGJ=?RULJEDFJNV^^ZTWXHHQH;7?@@SW_]YYZNMOOQO@AJUTG7AOY`]WXk|ƒpgc^elbR6LQTQQTL?W_\Z[[_\_X\o}†‡t[K@:JSVQLGCBOVTGDKVXQ>-8@5'DN]_V@LYYT[^MRRYaZ[UONPTPGCFJBGCIY[VXZWQGRURIISZVVOKVYRB?Q[TEDMTQHGNRMMJKJGFNL@@?AINQVTROUURRXZYW[VQXYVQPPPAGMPSVWZOKSIGEIJFORTPJONOZfmi^XJ<@FQYWNINSZbYTKOLWZRQSW[TND?FHL\]^fje^]XVadaTPGLXWYWST_b[ZZURS[ba[SJSRMTW[ZVS[\ULMQVVWaa[\PBFMMGA68S\YEUhleU^ZPQU]_[ZRZ[W\WU\_WVZ`ab[a[k‰€jTchgfmg^TSU\c]\s†“{UPRNIQSGKNMSZULPXQGIXb\YUVZ[RPPEOcg_GIXa`\ahb]\VVPOSQY\TQRUTOR[[PMJTVVY\WU]_\XZakhe`TVVPV_cY_mn^RILW`a]VR][UWY`ccXJPZXSZ[X[^gj_RVabcu~„‡sbWNXgnnif\Zbjol_]^`[ajj_CRRZbif\X_`b^f^\_`Z]][\^]RQ^if^eolfca_]a]ef^_`VPIWQIGHNWYelmibPPT[]dfijbYXWSRUMZ]^cijcOSXWYJ)AJ]TPUUVMMPMPZjj]NX``[\V]^bZUY[_TTOPLRZ\ZX[`fba]Xgh_^dbag]\UT[`_c_`bgc]XW^`\da_enugLMPWX\ZTRYWWXacebWYHEMTP_g_WWI67EGQ]a^bWTNNVWNKHNTRNMHT][ZOSZUWXWKGB=5QSSTJNLVXTTUKSYSSYUPEPQHMQLBHMLMQW[VNOLJKB@DFHFJRSLJKE'*DHBGOKCHHF?=<;FNONMLHBNPRG@EEOSLGMRSSJDTXTVVQJNMNQOGMTWPNFJMUXOLMMPTQGGKMJKKNEBCO[_UMPKFBLOOF?46NWZ_]XUR[``]VLBNOOJIFKWYY[amvxqfbc^jzzkZW_YTR\[MSVJJX[cbSK\gjvŒ”‘‚iTTUVYX]]TD=GURC;DIS]c_[^WVY]XNMUZWVXGIW`[SRYZWJHFB=DMOPRY``XK;ILOXaaa_UBABLSUSIF@B>76CJLILKFTRKGQMACKLJZZM^b[FMMJRQIAFR][VPLJJVPFIH@ASTPFKO>BAMTOMKSUVUVLSUSI?RYZSGBCBGLRQKSVOBC?>NTTH9DMVXQUVSKSSTKT\TPVZWPGGPWULMOSUTPIQUQSY\RLAKS^cmrgZNMKITNOVTPQVZYTOPPLQNFB>9=NTWQDKUHGGIMOGKJLSQKMI-2EF>HJIILJMMIAHJJKKKNQOJEINML@FOHFNW\XKDBLPMJKLSTSVPRQO@II<HH7;LMHGGX\WSPRWXOJIJORE=MQMABMPSZ\TU\TVSMOXVPLEJE7CILC1DICDDHQLB@BDBGHKFC?FKQOLEJIGKNRRVKBNRLVYUNJHOTSF@QWNINPQMKC=ERW]]X[ZYTRQK4CMFAMNOUUQLMIRLHIMWSLBCBKHLKIHO[[XVTLMJWa[EIHFINRUQE??OWVU^fb\LHMPTUVTGGOQPL]gibRFIRPA@FKMQPPGKQRRHDKEMMDNTIEOQQKNLOVVQJHMT[VLBQXWVQKLKH4KX^XJD8JZcbXOBMPLMLJNURJB>AGHKOMONKLNHDEFMMRTJPUSVYSGFGHNPMBOWYRSUIMOHFJRVQQUQRPKFKJFMUYXYYWPVUMA:MYXXY\W\\^TUVUQQNR]^YUXSLHJUOHV^_^[WNQV^^THHPSUOE=KYh^`\VJFcmngkxu{ƒ~kYWWYHIQGGHKILMV\\bif^ah`ee^QPWYRRMOVU]Z]\[RH:):HIGNWUHIMUX]YLDKIRZ[HBEOOLNQROMIFKLSXSHPTTG:EJIMSSKLLJ\[I;?ADUeXF:7;K[ZRPDKMRSO][O>HSTUJE=LPBB?>TZVQMSSUQQGY^VMM^]WMHNKRZ_\ZOBKRMOEPRNABBEKZb`ZRJHI>GOLGMRY^WNTYQT[QMNNRWUUICFFQUQ]eg_TUFGTZQPPNCBU\YQRPPSQF@MNKPZ]QSZ\PG[dgb\ZWRPY[[XWX\^TKY^[VOPVV^cZLCIQJGNK[fb[WVGMPKGFPB>LNTXQFGTTUb_UU]UX_dc]TJ[aZYWXSVa_L`kmlmlgeaZPHXgY?Wfen‡pi_N`[^VN[c[QIGJU^b`WVMIUZ_aYP[ZPLUXYKFWXWWZ[ZMJPT\TIP^c`LE[ce^]_a\`[MOJT]^__XWZZONUPQY`]]_`bcfeaYde]WPNZce_]TY]ca\[QVZTTW\dnnkmjhllu€‹Œ‹}vnjgcbe``ieZZXXad^YVUX^jsuscTWWb^`de_YXTbpmj]X^Z[\dlgUPW]beihbZTKQWZ]\PKPXVVTSYVP_YRW_`^URVODVcd_ZTUZc^WXUXMDAMSSU`f[^`_ei`ZZZ]aWBGRS_dc_RP]_c`PELRXLRcbT[ikdejndUSSSNWWLVVPOQanm]\WOLRcjfaZdhf[SNFUbtvhbeb`UYdh`acjf`caZPQUZ_gha^]XSOXOE=FKMJYZMOVSU\ZVSD*6FMV]YPRNGD=8-APY[[PPQRVOPUTRKKRRZ\\WKHPMLNUYQCOXYUKGKQPJHPTOIFEKRVR:=GOMNNJA=IHGNKHGLI=QSNGKLUYPJIJKOJKJIHLRYYOOY_]_\ZVGFHRYZRNRSWY\``\SLSUNC;I\YKOHNOMUTVXOSWUWYPNQW[WEANKF>PYZ^\[\YXP<@FINWVQNR\`^XMHC>Ifqopt}€‰ƒqaKJTK;?A@DGJMW]c]`qocc_`\RFA?CEKNHKOLCTRQGRSKEWVJCBFLDGHJLMLPKPTXWVVWXP<>BMQPDGOJBRYH?GGCZd\NGLBFJTTG6DLSG9CLVQOU\^XVQOT^ZVQS[WMPGANZZOHM?9DJUSHDFJGGMFLST^[OAHSTTPCFQTXXLMUWZ_ZQKSRFAEWXSRSSLHENOJOIGSSHOVXUDDMSMHAGFLYTI9HSYYPLGGJMR\`UONER]VLKFDRVSQOWW\_VTc][\Y?CVWPTQGNSZ]VJP]a]RJ?SZOJNS[Z[RIR_e\Y_[VZSX[YZ_\XZ[VRU]VTOUVUZWUSU[]]Z[ab^UXU??LVYMJLCEK[b]RJZ[U`dZaa^_gldYVT_b`WWUROflaES\hooklljb^`jgWX^Pi†Šˆ~n]SVYZIMXZVRJJEIQWUSWMKRU\[QM\]XMOZYPLSPLOOUUTSNPNMRWV]YMEIQ[`]YZZWONXUOU[SW\cbWTOUVY`bTG@HZcdaddd]PU\RPPUUXPT[_^]VORRVVXU[Zfhi^S_qrr|Ž“Ž~qf^bbb_ZU[SZkhfigcfb[Ubnwwo\U]]^\Z]^OMRV_d^ZWW\d`bcZOW^da`]Z^TQQSVT[XDMPQQQRSZ]XUPHHY^WMGDJDDU]^[aace]JN]b[JPPUTPUYb[adfaWQSSdg]SW_[ampiVOWa^N3@FRZWSag__jrqmkkgXPV\][CS[UMF>QddWM\ZW\_[VWX]`XTSTZ_jptkdecWRU][\`fd^]ccZPZ_Z]edd]cff_]cKGAEB>IMGHXYUSTOMLELVS@INSQOINTNLGAMNRSMQPHRFRNLRJPV\_TGG7=EIKSYRCKZ[XPQQPOLSSMF::9GPVOOPPJ@>LSZVKV\a[agaWKJQXZNEERXUTPME9>EPOKJQT[KFD@ACLLGXR;HWUDBMG;@RY[SLKLEIQK;7QRMFSY[PKJHKLMMQXWJG@KUWLOXVPRORS^c^[YVYVX_\SCHMMRKKSVZXNMTY[VINULONUTW]\UIFT]]^`cbT[WW\\W[ZPQZN1E\`URSUSPWWJOT[_aa^_[USWTELcikh`NV`a][[^ZXXOZa^UVUV[e_LFXYRSPK]joeXKOYXWTJLTZXFOQTbehbYa\\`b]QYWWU_]URNGJTTRTV\`ZW\_\[WY`ejlkmni_YYMOTP\_c\W_`]]\[][UXQW^]^ehigfjBCI=5JSNX][SKEERZQRZ[UNNPRKIX]YZ\\ZVM=F@GGQHNLBFJNSY__NQLFGFDKPMNV[XTXVPIPMMTRM.-6AMMG:BIJIMNPMEHFAAEGRUTOPPSVUWQJIIJRQGEIJFHPSWNNQRPRQY__PFFP^_O>>BIM?DNFGRTRWXVRTZTOKEIKLM[b]LFPRHLHFAGPQR[_ZNMNKTWSQWhuwm_QLMEKLJPPLIR^`abffaXX_kqt€{oe`XY\^LLU_\VOMTc|‡‡ihfbYMHLUYXPOV\UFDX`]XUPKJMNXZXXWROUTU98LUYSSTRRPNMKJNTYWPWQ?JTXVY^ZYMAFLOPLYWQJONMJGLSUNCN_cZ[Z[WNUX@3GNTPMUIV_^XFGGEDFIPQNAJ\[LGMNED?FSPNLNNU[]XOOJDDNZYL1:>DSZa`YNLRFDGKKSQS_c_OIMNLF==MQXXSZaUCNHHTURWTMDKQVV[XIM]\YRQ[[R@JPPLNWUQMRK?AONIT\`XPTROY`TBTOY_a\TXUNQVQMQUXVTNV[aa\I@NK;JWWOF;FIEGUZ\```[aZ^[WPRSOQWYJNYYQ@LYWYWYSTW[XQROU[\TZM?V^ZJPLNQMTYTLOFCIALOM]ca\_[]\XXW_^QR^fjbV\Y_YV_bWScmqokeab_XS^futhc\_LHUY\XSKTTW][RHQ]_ZTNSUOLNQUUT]]WNUYECOT\]TU_\UV]ebYWVYZSFKONONLNWagkeWFR[]YVUVUSTYcaUY]^XNS_]Zeh\deWR[[Xcef`YL]bhWSQTV^gf^[_knnfeuˆ…vgPTWSQV[WO\eUN[je`accif^ile[[KSihc`^\SKS]``b]QYecZZVcbehigf\UZhibZ]^c`[WXZ`hjiiad_\UXRFRZYOHF?BVcfc\WLT[VZ\VUTZVKXc\KRLR\b[U]^WVPL;G^b^QNKO[b_TMGLH;AN]`Y]^Za]U]`RIYa`WX]XNQXV__^ai\^\^ZXXVT^gkmqhiee]USY_cZ\dihfdfd``a]R[XTJHPRWZ_ggb_DME;Q[[ae_VNNUX^]NSTSSRRO=MZVJNVTPRQQPJGR[VJJMPUOLRXTQQ][P>C8;CR\d^RLNTKLWTNMUTKDDFKE;@DCGMPPRQNQPC9BHNSQWM??QVQLLPH?HLNKSOHCKY[URSPTQSVecTCIQ]\IFHHHGS[^]L\`X[daRUXQMF@IMQTYVSINNOJHGHLQRVXOQNPURDCKFGMObib\\QJBLF>MXUNRZQIV^hg\Zfjam‚wp`^fe\W][ROTQAGa€”–†qlld[JOZ\YPQT\\NBQ]\YYPOSY]]UFENV[UAGI>D@NQI96;PTJ5-AKJPHCJLEGMV^a^XLHEOX]WSUZG8/6EQPTZUG;POMLQ]_VNTTNHCPRLTT`b[ZYNICMWXVUO?9MURNNPRQLMPOFDX[\\ZTKNG@OXYVC:@@AOW^aXR\^T@CDCLPPRXTMMOSJSSF`mi[YSNU^[Xa^VVMS[ZPSTNXaa[L@OZTDSefa_]ekmi^UXYPSUIZcTFJMYcX=YhpVZYUOQWWRaccb`gihfe[X^_X\`_cabcd`^_WQ]d`b`^`]_]]`a`dCGDDHTZa[PHKX]VNTWUPFLJF@KYXIIKSRKDJPTWK[]WB>CJQMSRQIFJOPPT[]PORVNMJHJTLLVZZ_ZXVUPJGMTY``WNVZ\]Q@BMQZicRN\VQN>EQSKQTQGJCHGPZWUY_[ee`Q]bgjde`][PV^Y^WZ]ilgppofis{vrfcSFPV\XIBKOUZZVTV]WDMSV\[T^b]UMHEQUQTX^ZW[fe]WXYODC?P^YXTPOROLF7CS[WX`WHFRVS[b^ONJMZ^[\YTUWV\^WZa\[XY[ZYU_ec^dgcbdbZMJVejfTSRNSP]gihp—”‚eaheTNP^haa]fnokb`Y:Nckmigkia_fdXZ^aUVTMO[^``[\]`^VT]dillb]_`]UWYXOJSXVZZ[Z\\YSNKL`ebVK^d[UUWVZ^]XXRPQOLZ^YMORXQLOXhtwrlfUUQOKW\^cdVUWQ_aWTaa`XORUZPSegaXN_jnlb_cd^VXU_cZCIGXZUY`gmo\XMDOXZTGSYYZ_mnnkd`cffhgbVSNWSUX`[\bhlljhmpojgida^aGCDCDR]cZVMOVTIRRBAGQRT[][L@FKLE8=CMSXRQYOD/?MLHBBTZTXTJGOPRJFDGCEELPYUVZ^\RSUTQKHHNPNLKGHLMEARVUNFGFEFW_aXUUIIKOQRTSNFGLNNUSXNJTUPOKGRRALYUNPPNLOMHLLOI@KIHXYLKNMJNSQVWMFV`VGOY^XRQROLKV[[ROPU`_WOMQSZVUQVaeef`da]XXT\d`]TG>EJEMWm{sVQ@JX[[W\[^Y][VZNKj…‹dTVVX\UOV^XXLEHQSS`c]WPMNUV\_VQMRSVLW\ZPOLLJGCHOQLBBEFJJI>1ECFLPL62;AGGDJQGFIHN]Y[_[Z]SNPOUULURTGEXekdd[VNGIRVRKMS]\UQLQWUKQOMPMKGFJFJEFNNPPLNJ=7MRVNCMNOY^XMGMPXZPKOOOSRUYPJIRX^UQPRVTVNMRUWUZ\QPRTMBILY`_MKX]VMJHHEMJGAABEIKRRI=G@M]^Q^a[NM^ii\NEU[TBGJACGONQVNJJKFV\fgaUY^]WQWXUHJOPNGPahaRQVB@PSPJFCAMRXPR]\XUXUWQTMELW[U_\M@=BR\W[ZXV^bZTWLV^^^WW[TMDEKQTMI[cfaSUeb[TRT_me]VMD?FMTLU_[^bhqqkZPcgopjWWZZVWAQXTRU]_WTRI6ACKZYWab\]ZPFPWLAGJICJ`bbdc_NDFKU\VVXUE9FHB@OVZYSZ[OWW[OZf`VYZY]_^__]^didUPTSS[\[_`\VTRVZbfffab][X\fji_[]ZRPW\bgq„”ƒ{rf_c^Sclqkijqqj_^\USblqm``[WTPRV\d^NPR_c`ba^]_ecXQOX\[heZTYZW^bXOOKEJU``Zb]\QEHMPRXTNV\a^\YLV^acb]WTYV`ca\^^\`^T]lpnmji`UNSVV[\WcdW_gefkaYRWYXKB@M\YS\^PMW__d]\_SZbf`_f`MGIY[Tdg]_fsXOJNRZ[_]e_VV\^bcYWX`ekh^XROPKF`lh\Xblmg]aijfjgcegbfIISUT`_YQTX]^UQQ@9OPRLTY[SRJCKC;=BIVX[MTUH?BTZWOMQXVQKAMSQKF@PPB=?KFHQQOKMIEQXTNGA8IKGROM9:=?HNH=FORTOGOXad[FBBQWZ_^\BJJA;M]gaTOONSU[8U\YWURZTTNI98=LTUQPLPMA?GGDKLGAEJIHJRRNTYYWVKLJJTRKPNLWUNCFFKRYY[cce`^[UPKITZXRRUVXXWYZUIFS]\][VVND?KTTLBQ[^XRNMOJFLH4*8>>@UYYX[OAPRWeg\[RObih^VLTSOQK=9BUTQVWPRWU[Y]aVQXXWQHV\VDV^XTOT^XSN[\MBKRJIDGNTRHHQWRY\ZURMJMIOZYVPMNPLGVVUPLV\]]a^abea]VOYe\PRQPQWVMYksk[W_`_a`Zbkmfb`\\TUMITgd]fmvvqb[bgijoonhaM;@THQRTZ\XVYZUFHHJQS]^WIPRUFENPPTTQNQPPZegbYUVTSSOT_ZONMQQP[bcW[chief`WQTIMPRV_aWXX[\]ei[SSX]Z]ZWX]]PXZ[_aa_VSZ`aZ_cb]WdfaZ]^beh{‰‘“ŒzeXUWRWgjotssplif`[X_hsspk`SMX_SSVWVW]_d\[XU^WUUOJR[[Y`d[WZTMSOB@>>OSYVUXXUIQRXZRPPY^ZOIOT[SQYUYcbTSOP``Y]eg[VWW_iiea`_[TORXbbYR[[SXf^XgfZQHQRR^[Z]_WUYPNRR\bb_^\_khbWRY[`QMQZeicVOepTMKKQbhddd[VSZ__ZSVX[c`YXVPVVUVgieghg`_U]X\dmiache`FRTNRPACVbhg[QK:5@F;8LXUSSQEIH@IHGGIHOVYVNEMRWNOKQ_WNI7BRIHLECFRTSKLQVZYRE?FOONTPGEEIPRH;ESTJEJKRRMJEMQUSPPPNKTV?IQLM?+1?=57@CKPNKMT_fjYS^_QNSSMIJO[\TUW\_[X`[UNMQTSVR\YRVN@MTYXTV\WQJT[Z_nxyz…ys^Y\\TOQG?OUSGOML]oppbJDNL@EYV\^[[UQTMLU^\NDENUUZWI>FOPCAHIG6LSPNSVULNKJEHPUURN=>K]bYPTP:?Y[\WSRNNQQJSUOFLNSVUHMKIMLRRKSZ[PJORSPW\VOOLIQSPWUKNIPZWUSZddcfcYQWZ]UPHMadc`]TX]WMCRYUKPVZWOBJMRQTUSKLRTJJJGOUGDMNLT]\WTQTSGMXVTT\]O_fnqlc[Z[^`SF@WUBEXVLSV]UQYVKKJOUSORMERa_ZNISVZ_`[XNRQLNUWTSOEOZ]SW_VOOOKHMSORUPMPRMZ][RVUWaZMDJX`\P8/I\c[GR[TEQZZQ^lg\[X[cbb\Xeppj^\]\XSQV]ZV^gpvojhebZdlmojeN>DKNPFBLJDKECGOOSMQTRPA7BJRSOB7=CLHBJRSQRPNGB85HMGNLDOMPUUXPOVZUTOJOPI=IIPRCF^cWMW\VT\XGHSLIGDHKX^\OOUWPOVWUTTYUUVN@NZZVPNTWRMX[[^gmtƒ‹€dTUWWWNEDIPVSLOMZwˆ‰_PVXIGMJNZeha[M>FP[YPGHSZXWVKHHNNH<HJOSWMDFBE@MZS>=QSVZ]QTOSVO7DQTXSUPLTOOOKOOMLSVRGCMWWQHMQTD@MUV__\H7/BMVY_W>==KVVRGOQPNVTJ;GQVHJ^age`_WSSW]]WQZVUW\`\UVOQT][QQSRUWRH7,NTHLRPSZZUCBIUVI:LNLFORPY[eptoid]YXSCIYWO:IQDGX`YY^`]UOOTRFIMKLPXTSFSW[^\UT[[VMQ\\MSZWNV^^\SOKITQNX`VNMDCKLNT\VJEPU[SIJHPZ][RNRcdQCJ[WFBX\XRWSU_][]ecSZmvxk^[WVT[ik`XVfhj^XgpkZZ`fd^fc[YOLN\OT]^VPKRXZ`\RNJS[UL=K^`VQVRUSPX\R@IWZ]XPSUVRTTRLTPPPS^_\UY\`e`VV_\XUQUdaRKJPMEHFUWWY\^a_Z``_a]W_kne^^ZVS_mljbU\cggcb^be^P]fnw†‰–yea[]`_\ZX\^ZTU`ig[UPhw|legbY[\_`[TJ\hmd[aWRO@S@FQVX]^_bb^^^baXUS\^SY]TJL\b_YWYTUTPIQROWXQUPUTPONBGV]dfeh`LMR[ij`WNIVc]RUXY[a][THQWP=@UST[Z``IHNY]UVVYZ\SD@ITZZ[bdb[XbeU0Ob^ZaZK]_SYUaheeiorodWVNSgaLV[Y]da`[VZZ]][]dc^ZYafccddb_eegkneJJET\aXMKTQSOTS=JX[KKNLDRTOF?;9AQRIDI?1KK@F@.CFJPHGFHVQRXYPF@@E@9EQX[WKOTTQTQPLPLOIBADAHNOK@=CBEIIICKGCFHFEJRUVYXXUDDFFQVWWPNSSMAX`[UPBILMILPUWTOR_aWROLAJMMLMMJMOEBISQPFFKO>=JLOTUMDQQM=;BDATecWHPPTYYSINRSTad[XX]]ZWW\[YYafcffku€‡†~nXTOBLLIMLKPIIQRCoƒ†{je`ZSJLJXecYTJRPRX\TPOZ[OKFMNLFNOK7QWKIQJC;Q^^YOHPQNKRQHJGMVTMKPQLPMH@@JNSUSMIKF@ACDSVZ]YTNNMLHVVSMEG0C?=;AFFYbejdVRSOPNSbcZNNTTW\SYXMCBHKJLSPZ\XY\LIBCKNPJPJDEJVe^T22DKOJEHRRO_ecZ^bWMQTNQYTJKHBDQYROVWXVHJPHHJBGOTPPLKQMA>HGAKY\YXYOJYZTWTMDHJE?LT_^YUV\RADEICGDDRXUQMNPPNMOOMMG3DBCIRUMQSK;SXLCFIOPJMOOMIF;CGKOOUUYZU::F>DHMX]TPIFJJRQODGGNWXOT[[OA?MN@FNZZVRTT[NSSPNKQZ\]`_YONQSSVWWVSEJOTSFEWbgcP@>HPGK\dYSSTTROAJWQUHACLNMQXYQW__JELFD?@909FR^`[YO;CLTVG@PLKSWQOYdfaTX[[_XKXZONRSYWTXSGTRNLLFCMUWYTMGQXRR[_WT]^_TWXGPTWWR^jmcUMW]^ZSK9LQS]XHITRSYSNW^W?3M\]^_\QRSDFMC;R_]XSUTOLTYVP[n|}tXTccdikmilg`QZeWKUJX`e^Z_`^^VS_]]RM]efZPY]^]YXOTVTRIKUVTSSQNLKMLJKX^ZROLQcfYFEW]]]^VMNQWZ^dolVRZ_\[YRW^]USMTbcXVY__]UPTQIKY[WULR[YTU[XYdjc_ecfbdjlgbWPYVVT`nvumfgt}€‡Ž’‘‡xhV\\OR_ec_Y_dfhe_^Vdttnmc]\UQ^ki`a]XJU]WZc\SZW[aadgc``^WPXZY`dPTa\[SDHJJMKFGJKJNLNRQJOXZ^YPSZVMJ]bXM@IUSZb`bfd^]^PH@JMORX[PRM][?SabYX\c`bWA8EGGMYXNLVXVdknhh\[Zbed\ajeI.Lce`afjbcfhVcc`UOPVUakmd[OHLKKMLZ^`^VQX]TTYc_^_\VY_ijffdaacZUZORTKGQOJEIGJ?IT^^[WSPUWTOJHJ?A=BGC;ADORLJJ>;G>LNOMPGHMKSOBMTQMTROXXPKJX_YRJJUTLSQMABLFD<>DILD>!0I]f^JS[URT^[E=IKNOJKWfrxqfWZ\_YU]^VMPRY]\]YAINLQOHPSCCOVRURSV]_`^[]]OO[VLRZWM;N^dZTOOT]YVPIMTOU\IOW[QOIKXXIAGP\VSWQKLUURCBCOXWKQSLSRTQRUM`lok`WW\aagjnh]NVfj`c`bXUQ]aX_ddYMU`b\Y[bke]a]\WRZ\[XY[RQSPLFIJDHRWXRPCCBADBCWdYD5HWW_aPNRHLVYU[bVX^]Weh^Vcd^XUJWZTT`ddcaa[Z]QVQNQLY^[ROOF\iic^^X]ahlg`]VONTUR`ottpggqz~|Š•˜zhcVQ@S^_\XRZ\cfc]]]adeptlbfb\hmg[QZ\TNOKQ`][[USUXUVQQ[^TNYYNV^HR\UHGOSQVYURW\RKLVQMPLW[YZ^Z[YUVNDYUGNUYXWZ[fimib^RC@LNKMW[\_de\K[eibYOOTXWMXXYQGWTKNX`abnssidbhd`__^]g`PM_b_ejfYPVVYdKTY_]UOJOZZ[a_[ZTMQYcdc_\[`b^]`a_^]elj^^_[^ahjhaW[XTF?GME?9K]TCLWZTQTUM+;>IY\YZUCLIIOWXPEJPKGE9DNICKPRJEGOIID=IQTOKEORUPPPLC@IKDKLUQIIE?HGNLBGPSORNG@EHBAMVOOTTNNPE=IK66[cdVA49;FNWWPLGC@?6@GOH-BOTICPR1;YYL8GWTKAAQMBAFNSVTX]TJS^fe`__Z`^_UJEHPI@@OVTMJRa[Yfmtysypcd_QAIPNNPQI6@BPYax‚„vlaZTH;2J\Y\acZQGTZVHEJRLHNNQQN@CLVW\WPKLFLQOPLRXPGQVTONMJFHEAIIE8?WX\YKJTZZUVN=2>@48=>5JPX__`UHALR[]^POSJGRHDTYWYVUFLWYH:NZZVV]^YSLJHFBJTelurf[Z^^WNVWUPHJS^ZXXQHK9AJQQTMMY^^Z[W^ZYUZWQPIQ\SJPRY[XRUZOJMSRYNU\WRMOVVUX_\TLS[ULIQXYWGLUTQPSXVS;AMU]TGJR[`WZXXTR]biwq[RRSWfhe_YXO`w€|gY`_`c[epsh`c`gg[[]caYa`\PLT[XRYZSTSTYUNHILIESWVORKG9LWVTTOD@P`hfZ]aWLLKGJNOIQRBWggfilc^WZXPJJV`Y]b\^dd]PHNONNXRRUROU^d_NLDNTZaXXa_VQOLXiqrmedbc{ƒƒx‰’‹}eaeWQ[_WZYV[diebea__T_ksnghhcqq]VR\hc_bg[NNWb\UP@JI@?RSA>X[LTW=JWXKMZZW[cc^[ccSLVTLU\egaaee]NKc[OWVHRWWRSRUXZ[\[ZSJEQYYKQWUYeaUMYUde[RLDEIW``TDN]^RG\b^SS^a`acic[Y[RU^ec[SPY\fhcY`hmmkXVWYVIJS[ZbcgfdecU`fcW\_aa_XY`e_SM`hiea^\\da[SUOW`GCCA:DGDKOLM@LSUPLNOF@;FIIGEL?>[[JLR[ZSNMVTSQJX\b_SKHCESSSLIJCMWUKI@ISXSHHI>CHHMTY[YRLLLMRQMJGNRNMHOKFCKH:38CLMHIKNMTTQ]WD=DDOY]RRY^[[[ULQPIRPSHJJOV\ZXW]ZWUSRH@LLHJPZXTMEJNGLNMRWV\YT=;JOTUTJSTEJQIO[[YSTYYNJCHWVDNU\YUVXKDEBCKKGILXb`VIFGCKOKHERaVJHJPL3>GIIGLKIEKEFKCALV]\[ahf^ZZF9IKPSWYWZKM`eUN^_ZNSRQVOMNVWLOTYYTTZSOSW\XSLLRTVM>=NNX`Z\^SGGFNNIHJNONKJH9@PSNGMRLBKW\WILGJINUSXTNOCGTQ?FEIJAHLEJIL;@RYTLNKNTRIGDB8GOUCM[WSNMG@A8BFOQNNKHJBKNPVOMHPSYPCEMIKUSPJCDNVW\YLQHNSUZYRFFJRSL9BHU[TPUJBCKUYOLVXYLDLTVPV[ced^TV^e[ORYUC>X^VUUUS[SNXb]UUYVRDNTSLS\cYMX`d\TPSLMROJRTHAF7NW]`\TRWK>IEFMJOPLF>LICJMOSWUSRRLGFEORVUVKECHFLQ@;T[]SNIU\hmg``_`bbikea]`rwhWX`gkjn{|pdcrƒ†|j[a\`aZTNMPdfjfd][UKOVKERRX]PDLRXXTCGLMPTUVZVSXSRK]bZTORPV^fe_^\`a_VQOW`WJFKOWccacd^Z`fffbVSNJYZVSSROTW\aa\ST^YRW_b_^b_W[cgb^Y`f`WXYVUQXbhjqwpcaZZcYfuuzt^MW`\MLSTPXYSX[UOOQ[lkhilj```\^fhei_MFFWa_ca\^]_ce\_YMPTKPW[c`WTIPPIOWZWKHOS\`ceed]TTLOSSWYWTQNQ^icSIONOW^^_XVUXdj\OWWT]ZVSUUQTU`b\]giffY`hf^b]UVX__TTV`\W[`]ZVU[`hmkcikd^VMF^gpsleWSTPSSZegfb[\[^[XY[[ZZX\d`SX_d\\[V[cga[\fdcWQDRacd[`_TSVTOGJKMQSZ^SKDTTOOLNLLSPKFP_aPDMCGPUWSTZSPMFVYP]hhcXELVWVTPKMRU^aWT\WMMNOVQG;A;DEB?>AJQQF@GBDCON@?MOJMPV\]REJICPUFEINICB;DSTYYQSO:DHLRVY[YPAEPX\_XQW_`^TT`Y]^U>JVZ^ZXTNRPZ]RHMZcovunekcoqhUD?QXUPKPTPOGANTSQH_v†~o\XVPPPV[\PFBFAFLPU\^[ZWPET]V>INVXXVJ=8DJNOFVYOJMTRMA>KTWVRLNJKAHQSPBGJHPSSOSUVOHT]UKBR\MF9HU[]YQVZTTMPRQPPXQFDMOPLU\UURPQYY]^cc_ZLCHIIYae`_ZFRTOFLXZNFJPTNLSYUHM_e`XQGABKNKSRQOEBAL[aXIMWUNW[ONTWTPNU^[C>ERa^VABNSSP=AHKSPMMOHITR>D?29KRROJ>@Y`YYWPPHC:BKXYUWTDCEFPIKQRUTW[VINMKGIZaSKZ[TWPSXQXZZWXY^dbT?7GRGGRY_`TCCSRQYMIVVMMVYZ\ZOAJVZZULH]fi_`_[XMeqriXOQX`doqnihomtvh[fpz{teb_]`YPCKXfd^[npmj\\YRXJSWYLLUWcdVCLYVRUVMPMQYXOHRYLHPOJK[]YXQLNY]`_]^[^RQPNM\aa^XUYZ[TX\WQMOW\``\XNN[cb_[_^XPLXbba[\[TTR^c^[]c]RWXRTZcaVV_b`fgjpho€ƒwh^`dbRXYRN\b\TVTUTT]gbcfaYWaddepph_XPNTV[\^fhb`Xa]^eb[baTPKOXZOSZc_OLMHQWXYX^V]d]OGFAIRWQI=>GLLMNMNRY]VKJULKSOOYVC>KVQTQHRXWVYQFGPKGQNJQYPD=:COUQFEJUTKBAHNNNNQLHFLSRLRV\ZI=KTZ^baXPFINV]`]VRWcb\W]edb_QVZZPNE=AHR[ZORX\mrrrkgemqph]DBR\XO=KSUTP>AQWYSUl‰‘€paUWVIETWKA9IWR@=PSLY[VSRUSPR[`]UOT_caSMNWODC?K?GLA;KPKLNKOXUA9?ORURMM]ddbde^YXPJXa]X]ZQONKKKB@CORNORSPSSVJIYNKABVSHXTXdg\Y[QQUZVTM<ANMGPXNQUI;2:?NRTREFLUXUNO[a_YQAHGCWTI@7DOXYRQVWRKIIBEPSKLOSUROMMQYZQQTNNPL?JMV`[QLXXQVZQHT\UBJQOLNFFHLGKSPGIIFOKHSZ[VPNOI:DKSMLZZSMJUHEOZ[\Y^``TMOSUFAKMWUNI=CMUVVHJSWXOKIPMOSROQZ`\hj_\a[aba[PPUMGKNRVTNMHDLIDYccde^PTEJOMYVNOI\ii_SZOAAJT\_bZYZYSLVXYU][HS[SHPWZVR^fbTSUP\ije\TfmeP\Y\^`]c[FIZ_^dhpvrkxztr`km`Y`hmpgV[]JMY`[WWfojbV]_FL]geU_bQPQNRUUPTUL:JW[XPHUXQK@QUQLLMU\_ZYROGQNOZW[b_[`djjgkjgi]RBEURKS_d\YVRXXZUXYYZT[WWPJLV[]G9U9RVTU^]TPRYUL@?GOTYRQGHGDECBNSUUMLFGO\POQNG@AOJCHPTX[Y[WLLOO?3BLLDJLOX\PFOLPSQNQLNPOHSULB?FS_^YSKNWVZXLPZYQJOZ[[VLMUMCJVXSNKSXY[TKFHBRZXTPZXVRR\_^ccfr}~nb\XUOOU\`YUNLUSdmfgcbWZ_eii`QJRXV[YQEGHLWYXO[YZbpsrhj]KIN^c]SWG?=FKW[\UU\WOCLLIMNV[TMGMNNSYXKNVV:;DMPFGND=QP@6:LRYbfdVNN[WDGNUNRW_\TVQNTLAEGQPQDDEJ>?DJPQTUSH=2>MQL:BGQ[_YVRUZZODDCENXZ[VG=5;LOOTNLKI?BMLBD:AR[[TJDOQB@GKLGMDDPQLFN=4SUSRGFMKORSOMHKSVRRSJCNSVXRLRMG@KZ]YTNNWXMU^[VRO[]WUQKFBCOTYYMT][PRV[\]W@bpwob^cb_RUa^]XLUZVent||ug\`babXGDRVNEUXMHMKSYWW_]]YQ[_gjil^S_if[[UFHK\]VLGKUWVROSONQLC>BCIOPQOIIGQOE;ANSVTWVLTUROKJCV`ffbWQSSGN[_[ZZ__[VOFNPQQHKZZ\XXWUJEHRTTTRB"8LLCDSKUYRZRRSTYUB>?FRVOEJOJEAHG=BWXUIQXTOMNGJSYN6?MYQIHOMMNGQPJI>EKFJRQTNJMLLQWPLRVRJC>FGGKO\ZUVVRQWUV^ZXXSMB?P\ZRY\[WQGDHKOL=0MOXWTRMLRUIMVPFB=MVTUa`[XUiqn_QTV_c[UUPNIOWMFD>8H[^ZVU\aZZcb`WUUYWX[`WJVWIOTMVOET]eeWHMZRAKBFSURJEKSNFSWPRZa^QLY_]YXS\][dcUOTT[ae`aYSahifmq~{ol_b\YWTJEYb[Y^[X\ifQSekqlnrrbb`]WWRYG=MQVTT[_]`deXKMQPTPPXRMUVVPR_^^[RCOad_Z[]ZULQRU\]VM[ejhcWF\daUSUQIOTRP[\aWLXbbZXRZjha\LSbg]RZ^_ZZdgktoeYZdmh\Y`bgu}„—”|loolkjj_TSUW]_ZU\ad]QPVQPYXSS]bd`fe`VU\a]_VUUTaaZ^]QXbd[N[a_`YD4?GQ]^SOJS`b_YZ[ZZYXPKUW]`[[YWSOABK\eaMNVWTY\JGPPG9@CMPKTZ`dbYSMGT[XUVUOMB5U]]^ac\WWQF?PX[Z^`ZV_c]TPV^bbYOFUif\_Y`ivsjbWJ]cb[Y_a_ZXX_d`\^kprpliijdc[kqse^WWYZY\W[]^[\_[WYXJSbdIFKGHMVZQKIQS[]R7CPMKVVOGLQRJGEIRVXa^WSMRRVKRRHJLZYTZJQNKAFPQURJLPNENRRGC=R\^_YSTK@CHNSIGMMJFHLLH@>KQQPLE?DFCJOPNHLOPRXYXS?COUVOGMPIHHNNHCE@8EC@5U\WWVSLRUdf\RRIMA1HRMLLBKKHL@AGFJX]XXQJLRVFDKMTYPQVQIW[SPYPP]`a\jv|xrn^UZXXKSYa[\\[ZbgdUCYlbgpxsnj^ZUQLONPGLLHW``adfe[SRLIO\[[SS][SQORVZWTWZ^_]VT[XVNE(2T\XRU\\e_PPci_WVNTKKQGKIS[UUag_VZQJUXRQOVcgbZTQX]`bflqstraS]^`hagpz{Ž˜˜ˆjpvvqpto_SXfi\[\gkh\PLM>EU[TV_aVK\dY]`^Ya\V[daXQX[cginnfUOghh]NPVNY^WKKJP_b[QOMNNUWNLSRSVYWXOMUTT]\^]VMVXNMNGIPVPCACSPEHMXbh[Y[a]][VNNOHEKT_^Z^^XXSSRLITYTW\[]accgfddecb]YYce\YVKdqoa^S6AIASblnXZ[W[YWSZbgmmoijda^WiqqeW__cc^ZT_chhmh`[PMQ]df^VOKKLOXYURHO\ZRJJNBEMTRNWVNEPTPFFJWbb\PHWTZb]LCFIGJTRNDKT]\ZZXOIPPDHMKMMIBQVTQXZVLEE?GHHB870/2EOMRQPPRVVIGMGIJMKJMFBIX\[VMFJTP>GLGDDOPKD;ACJNELMLPOQQORI=HY]^]XHAPUNMICIMSX[RLMMNTYa[TVK;P]XLJVXTCOWiqn]_daSDJUVHLQWSVVar{~~{ocQReoliYYQ=GQTVKIKJKKIHLUZZ]acgjefecW=5LNNVVRIIIQUNNENTWXSNOOJDKPMKJNKRQNPQQQRTYVOJFDENUQ<9EQVWNIKSTTROUVAJORKJEKBISZSTQWTKAFTZSI@DLOGOVSD>NYWU^ZT:?LPTQSUNF??OXXQEMQVLKV`d_XO`d\TPRYa_[__`[SFFINXSKNMLAEJFHIV\`ZSVZ[VQEFSXOFGZejgcZ`YBKTOLHLOE3GQULFMT[UUWTRJGKLFOX^XNSUXWPRO@DKMRD9JQMHEPOMPZTDHMWVQRNPH-MZUJK]`XUNMOG?NWYSHA>@R[[ZYVPOPOFG^e^RV]\[VSTRRXb]OHINUKJOIAINEJKYXKRTYcda^QMZ^[QCLS`a^\ZUKPRK\aaZemiZhrrqlpgJP]a_aaXZY`d\V[\WQN[`^WdjeaVFDDCS\aZJMWQHXZUV]_YZXQNPUSGS[`YYTHMQRQY`]PQ^^VUVZXO=?R[[SXZNRY`clh[]e_URGDOPHNUTZb_SQ`]SLGDLPW]__c]SV_b^VfhjilbSQXlwrpt{€xˆ—–ŠgpussuqmkhnspdbhmkU@RRRQ]dX\^b[US^ed]aa]U]XdnjaX\fosqmmh``hkeNTfm`bf`VNJP]_PQVXSY\^XLOVXIHVVQWQUW[SGY^YYXSOKJSNDCJRNQOFCIRadXU\`_\UNOMC>GMYb`_^_Z]_hf]ZZRRbj_QMXeopjfigg_TY\PGIIHJhhb[C6LWWOYgeU^WTVLKRX^a]fcacdTZ^ggaWX^ba_]]diha__c`_SNTc^^acUJTVHFW]UHOTTUQQF8BQac_Z]\`a^QEDIL[]XUNJRY[ULD;>ELQSMFMSUQKLKNIMSWOQSNNLFDJJNSRHDMOOLOTSURO>AJMMGEJVVYVMNG@=@CRVTI7:CMOLJOVZVILOGAMQOFINPMHMRY`]RNNJJRPLTVNSK>=FPFCC?IRXVRROJOQNR_d\NURIN\[VNP][UZclogbd`][RU^]XQUSV[YZfimgkyviPRakgSBDJQY^a[KLLPUIB?O^`a[_dhnmjZ[P:CA9JWWJCD[URWSPUV[SPUSGA>A;?HICMYQCGILGLTKIIDFMT^]H;CKOKMKE??>JP\]VSPSVUPDA@MNMMSKKCELT[SPH@MOVVUQEH[[NK=ZaM7EIDAQTVQL@3CMKHCCMRQLSX^^^^\\QJLQ[a[RRWbaSJJPYVNLQVRMELKDJ\^[[SUUYa_YQONZTLP_][Z\`^NNUIFPZYQIGF=?KSSROSUPYYPHKLO[]^Z[[TMHOKBDJFJJOUSNBHROJGMOOKLTYYSVUZTNNONQPV]]XOPON\^XWM:8:NPRZb_IENRR_nnh\PTYZZSLQVWWSLFIOUVSOFKOG@?PPTWVPHGMPQUUSW]_^XMFLSQKLHE=HKJSOLF@>GYYMLAFLIFPTL6>EPY[^UZWURIIWUOTPFCPQKMJKKUYUJOVVOH@@DQWWYUMF;EJS[\TJIMRRQEPUUPRSRKLSSJFHT\YFERW]]NOTWY[PRXUJDHHMOPLIKMUTPMAFJKMRMGW\_YRQILUWX\]Za]\`dcXSbc]YQSYYY_cdadb`_Z]kƒƒlNQZaYNHQXNXZXPPNOSN/;N]\YSPZivvged^LPODNOOMMVa`Z[TMFPVSDMM=DKN@=A;?@HSZWNJHMVUHBFJQWUIISNGQLIF=:O*-9KD9PNKLNEEKQPDHNV]YSH=FNG77;PXXVTUXRPMIPOAJORVJSkyyumdb[TT\^ZQHONOGOQSKKM=TUJPOEFIYZMMF:MKOWW[_]]VRJDQOLX`cd`\M@IOUZWKPTMLSOA?CMQNEMJHHJPORJ=DNMDCLQTVYRIO\]W[RJOOFCCMSTP@2LIMQMKOKOIGLSTUSRT\gib^\SHAJOOQZ_\XTSUMLLRUPRQG=CHPPHHQPPYcaSMPTNRVOKK=IKCENUZ^[TOGMQI@HNQRTUXPRYWPXWWZVYWVUVOKV]a\PRQNHAJOOQVYZ]QDLPQL?GOF;<=HQUTTTIJ[ZRGDAER[_]UWccIBO[TPUTJIJITWNECMZXIAHQQHLZZUPT][Z]djhhnuwviS[[YTQXahln_IRcefYESNXm}zs`_bcZUNFFEXWYUR`^XZZ_^[MKTTST_caURTBAINKQQTUS[cgbNV[XRUSZ\^c`WSSUbgihgcgli[ekc_ed^Uac\Z\[PVZ__\]]XYWMJJFXXY^dlllg[VZbgnsrh^ljp€|z{ytmkciqngg\Jagkiokhgki^UPRXRW\dfbirvojcab^YcbPTa`_`TSZW]_JI\c\XMUTIGKJMQQRNSWPHMOEKWPHS[\aZCGVa`UVQVPNSSQZXUNGDL@J]]YPU[d\PKPMX`a_X^f\^[ORQUh^QQPQOTURaqvnf`YXYXZjrum[[_`e``YHZbcXY_d^Xjuo\]bZbov`fgbceddegegieenpcQW[ZW`_ZcqwjUX]WXKRS]\VUZ]W\[VYPNHKPQPPKMNBEGSXURPWSRTWUVRRNEIKGT``]VURG@D>7HNTJQUYPNWWIBKPG63LTWQKOIGIOQNH@>?JSZ_ZSH>CHMTPLOVPZUDP\[VNX^WLPYaea`ZSVTORZWQLTOLZ`Xbn}{kXZWTVWHDNRSOOJF>KUWQMS]^_V^rwqjbRLT^^`c_QOQJICJVZTZSGJRNTPEHNNVUHJ\b^OYb`ZSUSVTVUVMOWZ^XLWSRVOK>8HNNPRTVVOGJT[\SIJMKSVMJJS`VR\XQOMQSMJLKIRakhWQZYWMR\_RT\TOM3VYY]`]_^VUKHRZ^^[USDDTUNMZa^^WPKLLVbfbbg`LTSV^deWOULVci\SekhfUOIDKBKdnrrhad^\[ZSOZimiib`\Y`ssl`VR\dZ_ieegg\^f`]eiddmmh`__[^bccdkiRCHIWcc[YZ^b^]deglJOSNB?PQNDFKOJVX`]ULQJAHTYZQPSXROGKM\d`MNQMEHB4*@UX[c^PWY``VP[WJPRKADQOIMZYNEGHMRVQLHRXQ=BHGR[XKITTJ@LKEC7EQTSSKG>4KKHLVc[VMLMJJJLOY^XNQMSKKVXXJCGEJWVOPMCECKTWWM==CFNPR\^WUM@CMOLRY^WXVQV]WEGUUNPW]cjifbaXIDNPNELRMKURXccpxs_WXVPN?L\bYRC>?FCCPPBGUUSVVaks…ƒnYVTJJURLLLSQMMW[YUSHEFMNHCPKDEH>2JUOWT8AUZRK@EDLFJGQTQJQRI8CLNUD/DOag^WLDJJCBIG@<;;>HMPNZ[TMIJRSVTONGLVPJOQTVUUW^\TUfmiYPUPHKGNRIK\XTGGRMTTNT\XRTRFDAGU_[[RRXUN>SZ\\WPW[^YNFRZX``VFPSND@@JVPYc`\UPICEQY\VTZYWWP]`_WMT]XW[TKB>EM6=HC@LTORYVZ]R@<191?MYYJOWX[UNAJS[OC>LNL>DEEKGESRX\RIURWPLXWELB*6C@?=MYXMLJIJOQIIQXXK<9CHEPSLJLPNVZYRTPIKHOPSWQ<4>>F]eg]TLD>DKLGNWVQPA?GSUOQNNRKEWT>?HMTSQV[WNGEFKIFDO\ZYWHHOLENZ^[VVVX[UQW^XW[b_cgg_dhdRLQWWQWYRKEO[a^foork[NNF:JW[VBCLLKK>FPFBBCGYWUk†…zfXU@CE;DKPZREHGF?S\ZWMI>6@IPL@EJNWQ>J[\UKPTQKDQVHBHQ[]YTUTNEFAIJ??BMURTONEMNXRTS[^[RRUZ^ab^UXTIHQN;AX`OT[`TJXWTWYUUUTRJKPSVZ\VTXae\JQWU@4@LRNA@EL_a`]WTLJIBESNKSPCGQRFBGVWWYWNIVg^RR[YWUPSSZRLH9ESSLLOILMQX[[RRSCFJJHMRYYSPQLINK7=>JDJYRA[`ZMZ`ZSTVY^_O@LNORST_]MLILPRUWYWUZ\HShibZW\YWNFOSSFDRRIHSZQMVZSORKFROH>BO[\X:EUVXRLPWXSI@HH49;?FVa]IIMOW[YOBEOD>EKNK>;7=GLENE:JJSQHKRRBET\a_WT[[QQSRNPPJKOTNCLSSPENVXQIOIGSUKDDJRMF6NXVUYW[YQLahge^inf]VX`^a_XHWdlmhkiŠ•šŒk]VRFHKMEHTWQPJLT\YYa]N>JJV_c^[^[da]SDCESVGLMPBFLXZZURVWLKSACY_XPKTVZYVMPOEIFDFJTYMDLPQPKIDKFB:=FV[SLMMJJECKLXZM?QTLAJNY[ZZSQL9;QPRQCKNORN>0*F[bQ`gbJOMWZYSUPJV[`\SQTVNMAGYffUIQVQKQQJG@FHPY]]^a]VJFIPY\YI*:UWRKNKEOYUSQV^[YXWWT[TNRQG98@GCBAFMMMOQNVb\XYPAFGHVZR@9RSMFHMKY^ZH@;INUTI:FIECOWTIBLWeqiSKHIMLU_`XQOOHBHGLMDEKGEOR[]XY]SHMOUVRRG9OX[VQVdcQORBHVL?O[b^\[OHNCEW\_]Q`h_NIMRMLNTZ^ahj`B2FMIIVVYQTMN\ail_a]VYZUY[SUU]VIP[[YWUQMagehhZF`^glfW[_]YV[caVIQINS\YSZ_d_^YPJQYZ[]ZVSPWXJLWYTW]ddVKbjja[[XV\ZTX^YWb\ZYXS[ZXZ]^^XYZXQPNUZ\YTQNNSKKV_bhgf`XWMOO[citvv|„‚nnpr|ƒŠ‰~wfipqidhqqjfc_[aaU[e`W[^\SIX[`^XUZY[[Wbflf`^[UZd`N`dfsxth\^ckliccccc_RLVYYLFKHN[ZUPV^YY`YRXQEHR[ec^RUUS[^`g^NMNDCMZ[WWScmnkjf`Z]_fnj\\dcZRbmmljeaa`f^]\e[V]Zcg^_^XchaVTZ\a]SJ[`bacjqoha`RT]f]\]UO_a\cb]U[c`Z[SY_ba_bcdWknif_`aahaXe[STQUW^chnoe]`^bCDOPELX\THE<:Q^d[TXRROFRWYTFSXOJLCFUdeUKJJQRXJRULQRM*K65LQPLSVNOOGMQW\ZTLSVYVTQK@7GPKNKPEAD>KVNOOMNPSUYWJEDLGOWQQWZVJFU]_\YRRRM>FKRKBGDANQIJQY]]XRA;GRMEHAHLTZWOJHPPOGSRU]V]afe`PNXUO]`[PM>:DHMUOMINPDFYWQODDFLOOTTQGFIURKHLHNRSRJE7AOLKV\WZVIDKQSUUMH:KQML\V8HOBHVTLRNSVSQMOOPPSSU^`YOUUNAR`\kcRKQXa][WV^fnjbXLMOMY[LZhleMBNLKVPKHHEOZ^_YFKROH@ENVSGQQINVVY\XRU[TPGE]`XORUVLKHIIB38ITQGF@CNSWPGZbXVPE9JQWX[UA+JVSRFDLNPOIBCDHISNDBJGHV[NHS]VYb^TKOU]_Z[YEOXPA>EOOORNNGKMMKJDIPW^UZ`^YVNKQPR\[X_YTOPGSSQEENSbmkWD74IKS_aZfplbJCENRRTUTXZVSYPZ]Z\\UWQEDICZbdUIKPQYelfic^ebTS^ff`OUZfjec[]]ehigTSQSS]jqnbLRLH@GW[YLW_]]YRVSMOVTUUWYXWYVXa`NY\\^RM\adeeh_V[`YX\VS]c`^[`WRRNW[]PJDMRPVWPQVQTRPWRMTafnrk_NIRYXT\hkohtvvxouƒŠŽ…zfhmljmopd]b^Yd_^aee`UFOURW]^c_XZfd_Z^\W[a`]T]heW]jnquq\KYbdhegpnd]\NHVWL=?IEFIQJHV]SY_`[XSTXRRZWSPYR9L^igaSWVUPT[a][W_ig`[\TY\`jqkke`YZcfgeae_ehbSTVZaYVZ[hkbLHL\`gdZ]^]YSRZa\_aelld\\VW_fbZ_]V[RN[gSa\UWVKHW``\b[abdhfedd[[a\MT\bc^\afheedaa`_Z^YWUUPHPI=@??@NQOENTQRTUQSWVQW]NJWSOZ\WPUWST]ZUZYPI@FWO?IE>K[\VOJ<0AHSSGJMNSTUVPB4FOWb`XN8CBIJBPSMVVTOQTNFLSPQZTGMTUK=FWY^d^JOPORZTG@HNQVYPPPSOJNKDAOOA8FMIEMXMBLTZTNSSQNRVQPIEFLJOSMPLFKNTXRPKOSILJNP\hc_M;FLVaa]cf_VZirpe|œ¬¥‰VNLKLXVDADQRGDQTaaZVVFKXZZWSXa_ZPMN^YD^f]SDAS_YSMJDECF:C\\XUK<@LRIHZ__URQOKKB=ELLJLFKIQRIISY[YNHMQVQHJMQZ^RS^ZCKNJKOVWYVLOOHMKHGD?H[a`]Z`bYIP\]YV>>DNQKIDJ[ejic]OCCR^_ZYfieZIOOLMJDJHFOVWX]a]TIPNSZP9VjlhXU[JSclonfWacXUbfc]QT^mrrs\RU_dc`QXVHMcsvj[DSXET]aa\[VRW]_VTSRG?LRQV`^RSZYVZY\cZRS`gba`b_WOVQGOUYZ_c]_^]\XX`cb[RPOTTHZ]KFX\TJFSUSUYZdjh^ROX\YU`ghld`qu{z|uov‡’›˜„m`ghersnhgooi[a_^^dhe^WYYUY[\UP\fcTZflbVLHNWX_YPelkfd^UELW`gfYbbcdeWSZYKNVRPB>GBN[]PORRYYZ_]]UUUJKUJM_ggZNW\\XRR^aVQPSUYWUVFBR]figdgc`adbhjl_[emjVPORWOLMFagbWY[]^gc\\MHKSS_ZUU\diaV`ibQOMW`ba\^aX\cSe_`e`USS\_XSVWYS\bjhaSQYZTSR]^ZQXaa\PY\ddda]gWNAAEJCDLIB4:BGNOMURLPPIPHLXYUISKRZ^RS]\XLJPTX[WVSMIUW_]UJMTXSPOSW[[ROGMZ\[YXMMLJJR_bZTMTUICNX_SQUVRMPICELPTJMUSOQOGHCNSZSMXbWRZTM@JQTUROQKJTUSXYUUVNHLMRQLUWNNU\VRQRVLGPNKHLOWLPTRUODMTUTTNDISTVUW]`bgb\QXUQTPS[fd\`felqisœ¢™€SZYQSQOLC?HMHAGM[a]^]R\UQVWTflf^MJYbd[RSQJQSZ[YOQOPLM93OXOFUSF=AI@/AP^ZQGJOMD9?HF?AKU[UHJVXUWPFLND?8R_\\WZ_^`bfjneTUZRRVeeje]UTX^a`e`USUM]vzonmgYROcbZ^YTNJb_]d\Z^ix†‰z]QLLV_[Xhonlj\HDPSL]eT_kcJDOQUWSLLPVSOKOSY^`\U\_ULHLMGK\[]_bbYTPYa^UJLVa^TYa\RUS\lqok`WUZYDN[\ZPDPWURPVVRT[^XWXWT\_YW]ehdW]ejjbchq†˜—‹xjoojcdffha`^QRW[ekjbbdc`\]`\RXVRLT^bglpk]PRaa[XhncSTURPR_a\WS]\ekeSMT[^dbb^K8?HK[^`^WRU\]TBLHQWY]__cVUXVYROYXXWVW\VWY\]UMDRT]`aWSV`[WdgZVeneZ\aef`ZU[Z]_`qvgW^``]Z]lume`ZSZa[PNG\ajih^Z[]fh]WHNPRXOFC=ZX\_YYYW_ZYWSWbiia^^WROW\`bcdZVX[`accfinkd_]TJSTRMOTUPJHJUUWQE/EV^_VKLOXXRNPF@LTSGHMUVOGJYWQBHW[TS_[PMTSKAJRVT@=JNUY^]ee^VS[]TXQPJJNXZRGNRL=EHJHPPMRTRWXUWTQPONRV\Rd]QL6>LVTDITPHJX^XPT[XTVVMS\``[RP[TFV]TPX\[YSQD@;>DPNDPTQMNURJOSGM[YMKSQVYZJTWUUU[VSRKKMSdfWKUOQovjdw~r`PBMU[TR\ZPHELckuol_HTkkdaelkfePF=.FOG;9KQXMDNO@@[_^SMKE1&5?GGMKNTVURNKWVQQQ9HL98RRNIFFOY]RNRTNHWXUTVXTOD?S^YKOQMQ[^UKW\_Y[^`[LIQNUQAKQNSCTY_[LBQ[Xf_JCOO[YZPIJSTRSJA5BIIOROSTUUTZXIJNUXPGFF;FWWZYWLPPTNS\YSOV\[YRSTGRJITUQT]a\L:?OMBKOXNMOPTUMMUWNLKGMYT@HQRWZUSXZPIX_\QEKX_^WUTMXZRNLPRWZSW]ZXNHOMPWWHBNPNTOPOEHQH@NDB?E>5IXVSNDQ[NK\[X[NEPSZ`]NLSYZ[VNES_gcbk`HWZKUcdg_QYY^gegjbLAMSR[`fb[MN]][T]_VRZe^`ouw~zmYGKXfjkaW^adedaUVV^l€…eSTMT`\Q\mkid]VMFK;EL[Yd_NPPTZUHFFGUULJOJW]SAS\WUSQQKDLPRage`baZVRQVSNZQ@T`[SXSRdfje^RSZWQQSRTQLKPRKKPUOGJTYX[T>URSQ[_de^`kkfV[cn‚Žš™‚dcikfclutg]b^_`agf_Z]`[^c]VONW[JHQV\Zern_TY_^SObiaX_`SSR[`]KGWPbmi\YVW^fni\SKEJLLPMTQIKYa_]YPR]]`c`VVWYWX[JNY][XWXRR]`_[RMOY]\S[\dc[V`faYdh^U^dbXRW_\XYNaorgdc\`^YV_ghf`[Z\ad[NIVWTOIKKTakmjfa^XT]aQ\U^`[ZW[RTY[SVW_ghkgec_VU[ea^fidYWehg\acjd^YT^^TNFMUPFWZTUHCTVJE<6P]`]NJMKJSOFKGAPZ^ULKNPNELVSJ=MZZO5JIICHSIGSVVTK@LRRY`^\[YK;HCDLSTOGRZZLBU\THMSORRRSPU[WSQSLPTUQRW]WV``[MEPVWRUWUK=KFHQWPGORUQNOMT\XIXZMJG>JOHLOGGOY][^b\SSTOPNKORPLPW][VJMNM`dZVU_c_QOSTUa`ZVSQ]XQOCBS[_\;HLNOIG[eZZ[TG?HJNSWTHFGJKPLLOH?EQQKCHUSTOU]VTRVW][SL[XKQY]^]ZZYXUWXOJPWTNLGO\_YTSTJMWVNJNUNJMBDOKAQVTRYTJOQMTYXPSZSUSYWLKQXXUVVUFCRLPNNIKOJOWOYZSIOONOLJNKLNQONOSZVLOOP?8@GMPJLNSZbQU\XVXJ@MWZaZD>NWWQKAAMY`\KOJHWYOVZV`]Y\`^[bcddUBGLMAKMORMGT_cZUXL@\ecWeoz‡„}vfNTakd_Uagb^a^UT__\nxypYLQUWPMOVU`ckl`SQPN<4=WefYP[d_OMOMXhj^JHWXXYTX[XUPIX]YOTXfigirpaCBT\ZW^XYaaSS^WUUYW[[SPTXX_]ZXTOOYZU__aYMHWa`YVY[UTPX[[_bdhjmdZdpvŒ–˜…ignigh\\b\cdefd_YRKM[ZYdkkgdaROHSdf`\erqia[\dea_aYYaaVXWRTPGFMI[bXVRPNKP[^^baX\\YVTRTRRVZ\[YIMJPX\Z]XWUPWOFPW\c]VY[WZ\]QGPZZQLT^fed]T`hfadd[Ubh`PGNV\``U[ih][dgcYX[YT[_[^b`fjdUSa_IHMPRIP`imiffaV_nponebXb^aba^[W^^R[^YYdhib^fb\clmkhkje\RcinkdZdidmNEJHENWOIQDMRKLMLUTHKDIF>OQHORODDJHISUTYVPA<>KJNNQH:?OQZXN@JTVSKNPHIU]bba\QJ>NWUUVYTGALM?FMPMBMRLBIQOKO[ZPNLOTWVUSWYNGJ[]UKSXVMFHGKKNTKMWWSNUZ_\RD?PJGUJGQPQWYREJNKNUTRNJA>ENMCR[]XRRVLQHFTRRQW^beZY^\PU[UUei][[Wbg`^htuuspw|vfVHCS]UIFHM^j_AO[ZRS^i}†~nTMccPVWXYYPNXYNHMLUZOE8>LHE=OWVNUXQLNMJMLRRX`_RMRTWO>><9NLFB>AOQ@ESSROQEGGEBMQMLRT[WSRICAEKNRWYRQTTMPICISUUVXSKINSUJCKMILVWSOJGAHX[PHQ[^VVWRWVR[UGJNY^`aprfWYZYZdeVS\feeabkxƒ|€€‚„yeUQG6=QWYPObl_MSRQI?ESk€o^@PURKKOObaTVTTWX[`YK@=MPNLFLYZRNLEKQMFDADLQ[[RJJW[TKIHND2:IUQGJZZ\^baWJ>IWXJAMNJHOVae_TMKW^[ZWN>CGJKMSPQZhaRDRQOX]UGH`^`aNRQPLR`NHHK:CQTYWNHOTRTWKKPVSRPOSUUZTWVQNT\a`ac`UQRVZXSQCHPQUPMY`\SLABNSVTMIRD9KHAMYUOOWPMMMOOUYVPLRNKNQSSRUYX\YNKIKM[b_WY\YPFBLLKF=BLQYZSVWVYYKLQSXUP>@KQPFBDGLKLCE=>CITQE@GJWbf_LJRUPHOQTTSQRKOTOENesviVUUX\_`LCT\^][`l…‹Ž‡n\L9EFJ^feXS\bYLNK99?B2I`qsiXJTUTQRPYbXJLSTX\]OFRT\WPNJPW[TLCMJHJGP_dYHKQWVSZZPLZYJ=>MLLRcc_[YOJ[UTUUYbcdecMQTHUQSV[ZTLOV_VNNVUQOE;CSXRMHFJMIS^`\IBWTNSacd`SQVVUSSGBMPP=CS[SLMM=GTSMIKSTQXWNMWVIAFSVLNVKNUTUY^YFGRUTRZVLS_\WV\__gbVRQSPFNUYSKIFQY\ZWXULPNFM_c]aWP8FMSSOMQ\XJQTTMLD7>UUM8GSMVa[OPN=?EV]WLTZYSWUUVROD>LODBS[Y]^[VIQ\_]ZH5;I\_^]a\\`ab]hjmoiVMI>4K[W\^uyziheS`gkne[WahdUKUWTUfvwkZ[gkdTMCSagndUSSNSOWWSQZS[WQYZTLT[WRMJJORP[]XTOVRNYaaZ^aTRbhg[MSP:NU_fee]PMUTNSSSW^XKOWZRHTYYRVXUV[[USV\_dcWXQITXZY[did\]^b_Ze_ct†ˆ†uv^[efYLDGW][QWPPWbki^ZXWWX^b[aghfUIET[_jcglsib^XdldPP\]`ZaZWYXX[^\QZ]a^^\UNQ\fmle_dimiie_SNZ_^^WLMVZSJQSMUNU^`ZSMIWYOMQTTV^VMT]]bfaR[^WY]eiggfPO\^`cZRUZ\[Z`WNSRYg_VZZfh]SL;UagdaqtqaXUNFZb^VOVZcgd\MJFPWRYba[XZb]^[OKYdc^WW\efd[T]____^NTcdWWZYX`a\`bUUFAOWZTROF1@PSSMQ[_]^WQ`cRL\ZPLS[d\I?HJKY_`bZRXVEAEJCVPT\cRIFIJKLHP\\SSSPPJOSURNNQSLHFJSSYZUSXRKGCHKKO^bSNSPEEMNQ[VNQWVXZSTQ@9EMTMCFPQMNNUYRHKE;40JQNFEEIHAEHB?;8BOUTSWYW^aW=BHIOKKMLNQQOQSRMAIagdYG?LSUZ\LFQNDPY^dk„—ž–‚mSNDHOIKU][YS\^TWZXK8HB+;OWgdYQS_]YPBOXSJGB>EYZRU]`YSLOHIMNTJE><IMTLHIMPHA@KVKJQJHQOQUQKOXa\LGJKMPQYTSRHOY^XRRSLW\VUH6;GHHMSQOMQPTUS__UQUW[`P<3XcYX[`^TSKMGIQQLMXWNHFD@EBDP\VK_c]UKTVSYa_\[UTXX]cc[KIOPQ]cYQWVEELVVSYXYVX]ZZYWUOFHIDGRTQMSWTUXTHJQSROTRIRY]W]`\`fc\UQMQKK[V@AIUXVZXVXPRQLUbb_T_d^^Z^\SSW\^ULO\[TSK:GKBNccaTVZ[EFSUPTY\XQXYSF?IVWOIHFKKIMVY\[UYaZTQIZZVHCGX]VQSYbb^PS[_flbTLC@CGLYVTSa`b`XTafW\c_ZU_d^Z`fcWXXlpebbga\XMHS`ih\[[TOWTVUIEJ[Z\UTULHJUUTWUWVUPSWT?AG>CUffa]ZQNcd_QKYRJROP`fmcUSIFQ[ZMFT_]OUZWVXVPKU`cZXZYVX\\\ZXQ>ESYVRN_bWSUahfekpou…Š€nbc\Y\X`d_VO`_IObmohca^[aabc_bda^VOBScljglg]]`acjgaeqmfbVUQVJG]^_a`\WZ_c`^XS[fgddhnojg`_cbffcgdZRSTKCRZae`Zadb[KJKSG;JUXZ_WSYgh`YSNNU^\`a_\geXSchg_OOWbb`WZ]fcWVSYbopkcbd^PS[ebXlspc`dZQX^`]a]jolbXP]_VQTZeb_]]WSRQWZT[cadd]cd\NXWSQYYICPLNQ\agospfYY[ULCOW[XPPEBIPWNO\\]_VSVTNP[XXUOOWTJLQFQ[_b^QKZWPIBLJ8BH]ifTJFIDDCS\\XNTYVSSNLJHUYQLHKNF>A@EMRSLHMOLJR^`[YG?HKJOKH<=COHGJJD@KUVMMUTL?MOJU_ZOIJKUWNIWLEQPGFW^ahƒŸ£œ‡oa_J>GKATUQXXZ_com[VQUWPM1EY_\[XUPJD@BDBSVK?>C4EOMXWGEJHLWURIB=CJF@END@FPPLJFPVTOQGKE6IOTJ@IIELIDPL>IV[VK>HJNTV^[\YYVFSZTMQMPTY\_GGORVH9IJJTTOKOOTIMWRQT[OFHdcZ^ZWSURGJIKQQZbd`QEDHTKFZaZTW^ZTRUQHGTST_ZSRU[bd^QLGHVbe[VTTPRSSPNTQMURKKQLIHNLLGE@T[UOQWQNUSUSXRPRNEBJYXLPUU]]WY_WOPNQTLNVQTKHXaXKCNUS]hdUQW^X`faXTXadcXLFQVQPD=DNZdnqh\W\WTUYYVW`^RRQRRJGX^b[TTWWNTTSUaaIEYXRMRZX^YRZ]`\PEP^bYUKOR_e[WSGMVPEDPTML_hc^Ta]T[eb`MOV`chmf\W]clopg`bd\TCKX`a`\^ZQE@:NJCKSdNDOMMGMTVTTVZ[ZXWSNHKGCJ\g_V[ZXWTIMMJRXVUSPJU\^\YJTWVVLO\eeXMLT^XTPOUY`[LNTSPTWXWWXRJY\\\ZTZOERZfhggjpo€‡’šž“t_]RVakp`ZVbcVYhg[RQY^b\]PZbaccca^UOS\ZXV]be]^Z_agrpm`YRZ]\XOQTTZX\YHRZcgbVY\XSV`gnoigjigf^`e_SU_f]DMWca^^^a[^WPGUXXYWT[]``bcaYXVXPR[bbjhe`aZ\fg]UMN]cj`LG[caWTRZ]_hhcfcUL[`ZS=Va^bifiqoh`bbcljfXOMZc`[e`Xagb]X]]^^^\chfdh\^aSR_gcX[[\YQQ[\``cmvyskb^STOCPWZOTL>CGXXPSW`a[[YVZ^PILLSSTUKIRIOZXTRMFPUUM3><&<;KX\XNKIFAMVXWSQXZWOFKRQHGPH@9DIBDFD??OUQMVVJMQMTTQUUPINFGMRQPSUOXVKGGPQMQT\URORU[^a\R>EMEOYQIF8CMNM\dWJHMNKEAIIMKKZa\YOC?BOWUKRZZNFRVNWb`RMJSY\YQTRNAPPKTa_[š–Žƒw_P=GJLPVY[Y_k{ƒzjbdbbc\HIW__\SJTRMIB;0ANJHC73JJCISSMEEMX\TVND=GFGGJDGINGMPJHSRSHDF=2CROKDHJAAD@HJMMINVVNCCKJIQUPLQH:LUURSTPJQ`\HCLRRNISYWQS@@?AEHDSWSLMZY@W_^^dcddb[QFLW[X\``_XNRRHORSIJBORU]c]LMQYYZXMNSZbba\VRWahca[XPQW^\P>BORMUV\ZQ>PYTSX\[VUTFJSG[c\ONU[]MPLU`_WJU^YW`cURJOdd`cf]Y___bhqvvu}¡¤‡g[[^diii[ROMWaicO@HU`gidSGKU_^adb[XPVV\a^fd]Tahebhiggdfc_[ZX[\YWWX_^NVccb]Z][FEUY^eb]_balrl`\ZckkaRNQRMQba^XTJHPTUY[WZ`dcZ\bbcbUTZ[]ac`dfhbZ^]YGKT\aegc_V]]USYieb\US_lkYWcaYYVOJ\hjb\``ROMXVV^RIOLW_ZU`ZP^iYTNYXSUJR\feTTaZS^ZGYfe^agkeTIY`\NMcourj]SMJMQULRY\_[TQH88CUTTTYYabYUQFCMNMGCIMPQTOHCGAIWVDCDE:IPYHAGEFIOD.7KMMGFINTUG@;IOWUOX[YLAHDB?BOUQI@GUTMEMPVRUWMPHJPOQPLMSMAHPOJJTUSPQTQLS]WRPHAUWDKRTRLJVTLOSTWH=NNLJD9EG>85DJFNNS_aRSANXfgkkh[JG?COSNPYbdYW\ZXLI>EEADHU_c]LQPSMIOOHLS_acb\XY]][ad_VLNac]LM[acfd^ZNDN][UZ\TPVZXUVVQTRJHOYTSRKLEU[XROVSM88EHD?ENPPPMGQ]Z[TXdaa^_`YW`^YVZdc_ch^HKTUNTYY[YQOOGNZ^JNYO@-@FQNVP7FJSUPWZWXHC:=L_mh[RJIW]ZXaggc`Z_a^XUVUNNIMIDSPH>@NQWYY\\]gnlgjhdda\^]WalhgnlaVMJNW_NMbggkpwlfbf`PTXRXacf_Y\UQ=PYO[d]XY^\[SGIXa\VafWRPOQJPQMV[YZ\WQVZabVKQPTT[\[RQRUS\\\\XW\Y^]YLL\^`TQY^_XZWSiliWLSTV`bYOT_g]T\fc[aPQTfotzvc|“˜Œ{\SVUWab[bfbPHOPRMHVimklg\MC/COYb^VSQR\a^NMWVY`^SN]gfhaab`YMU\^ZY]_b\KU^USWY`^WUUT\c^XJXlsyuhSTbgcYYXPE@I]\[\VTS[VRV[]Z___RKNX`]SPXZVPWSV_c_]jg^QOXjmhnnd[Z\WSTcbZcgf]fgbTV\TTRTXcmnaSUTUVX`elcSRNJRYWRKGMU_hVWZ`e]bilmcbhd]Tcd^Xa]`c^if]V]ecZdoxztpfd_H??IKH:KTOX[ZYKGFICBJOHDG@AAGDM[THONAA=LPMRMSTL4+9MZVUPNJG=?CQ]^SAHNVQI=?8CT]_TPEAHH@DF>;KL8CJPCINKXXRG<8ADRWLCOSO>?SZ][WSRTPJHCOV]^SMRNIOOLMV[WMOUPIU^`[MNRTY_TZ[NBGEECCB?@DAHV^WS_`>IUSY^fwŽš˜NHJFFC@FKEFLiy…~hXYV_e^]aZB=OWY`]PCBMG7TXQLHMV_c^RCQajg\HTVLNRVPHCFNPGD>;MZYNKRPVUNPVOLMAHEHPUSJEMEBLRYWIFT^]VWRHLKNXXMBJTZXOBHYZZeaYNPNPLCKTBANZ^`]Y^`gcUIFLY][\ZUNAHLMPMIEQ^aaZYU[OB?FHCK^b\LKLF7DFFDLRUY\[SMFFISSORTNKIQ`^UFU`jkfZMG84JNDKKKMPWTPWYZ]ZKLRSPKTWXTNKESWXTMJ<>B==AO[ZNRLH\``\SK\c_^^_Z\aaZYVVK[_]SW]VJRY[^UKRUSZb^TSQSVTX]][`YJGSRUPR[TGPFAEQce`TJHRUWTWIPZ`a]]XYZXZ`aZYVQJZ[KHMFGOQVZWW_``ank\bdcbhhsukeouqeKDUYNGC^bYRe{‡†q^JXWNV[ac]PILRV]aXVUAFJSZXLFJXYLJYdaOIGLHIXSQOLOPSPHQ]\RUVPX\XUQRYXNK]\^a[VY`_]SRNOJNEAYffceeegpnkcaZS\[US[glbZX^c__`VZfeq~…u|„…~{eaYQadhcjf`\[X\[M\`b^^^WTLLTMR]]URURRQEIYYYZ]`Zensj_ZV^a[WTb[X`c`XQO^h\CBR\WOHBHCHW]^YSR\caWJARXZhg_VSMWS?O^ZYSWdZVQVXddWHQQJPSLSZUURSSRTQHM_hbWNTSOE@LSKJSXMKQMBOVPC?KUVZ]WSMLLFKRJGZ`^VTZa^UV`gcYVRQE?EMIKNIJALMJGHS]UNIJOPLFH;PXPGFM@NZ_Z\]XVY\`XLNOMPNQLGBU[Z[SJHZaa_\[\VQSH@ITSOWVWUOGV^XWWNKTI@SXUV[b_QJSWW^b``PCLKLQUVWWTSNILT\^VIGLZb]SERWY`ef_UUTYVOQQEB?HLbe[[VNZfc_bbb_ehmm^PlqwpjSMU[QR^aYFKhˆ‘Ž|e\]Z[TCKW[TDFM[iaUNJGI@8OZ]UUJFHKW`cUENSPIIXTNLJRNNKJJOSOVYT\c^WLDQPKQQWTXIWXVW^`UWPHMQAOSZ^befgkdbf_RIYNCGWhnd`YNXZZ`krpls„t]tˆŠ|edbZbdfhdajpgc`[TURS\d^_]cce\VXXWW`[WQMPW`e_ac[akmded`hgc^bg_Tfe_WBMVWYbmnpj]YLJPbfejlnqpkfhkkf[IJM@Rdjoja_aQOPQJGKSQXXVKEQOOXbikdVLSZde_achjc_eope_]VdmhZUGJ`cggie_YWZ_kmeTLOWZUfok`\`hnom_Td_OHRhdTXfh]L>Mcgkkhifcjoid\ZY[\cjlkhbfgbbV_\Z\\`r{zsk`VbMRWXNNRRUNT^_[Y\Z`a_]UNKGNTZTTXUPD:DH;4:RWC1984JNKG?3'GSK7>ACJV`_XOFGDDMLOY[WSSNNRG=JMMHSI>CCEIQKBPTMF?NSPVQNKRKINPZZW\YYWU\WRSVIO\OKQZWGEHFS[UIIMOPOV]XSPDCJMHMLKMTSSUMTWOQHNLQVTBOTOT\VHB@EOUY^[QTTRPHR_[WWVYZSW`–˜ŒtXTIFNFMHOQJ9GVag`ZLCMQOHPQTYPJNKLKNY^RGR^[UQGEDCFA=HX^]YZQT[ba\ZXPG<7N\`OGVSOGT[YNGTRFIKQWXULP[ZM9?PbieWSTVSXULRSKUacc]SW`dc[[VPH[]ZZWQSOGIZa\YNPI@33>UUH=:ELOF?OghhcR?JSVTOQZ[ORZXSRPQTTQCIAKNOTUZZSMOQX[RELURKDMXVPaf]YSWZZUURSPPVRRJHFIKIBMOHQTOOHUWOIMMRPNBA@FSMPTTCN[[PVVVSZ]]YYUUYTCMZa`XRNWXONRYSTLDIUY\TPMHGEAFGEI\oupc[YfZgnoiYa\SfojjiSLaahkglk]UX_glieg`ZZZ_hhdcaajoiWgqi`_fvnTWXZXPU]\Vehlic\aljgd\XV[[]ghhih]UZe^Y\[_YPftokh_\`AOTOHISYUJVTV\a`\QRKGA=HNOKEDQTHLQ\U8@SSTI6>GJWUPA@8/7ATN>DLLS[\TJPRUQNOKHOLKJBHD9LWSLRYQ>AHDJSRJLOKMOFMSNLJMOGBJOILW[SVSW^aYZUQTV:;LXZRMSMIJJNV[\RGPVOORPOHEIQTM@KUWTTROD@MPOITXUNQQTPNJLICIOHQILGANPTQPVUTQMLV^dbwy]ddZTJUSEFMRNUXcijYL8QZVU[^_b`UTS[aXbc\Vcc]^XXXSFFG>EHHIMKCHY[SMPUPOTNFW^]QFC=0>RSQGMPNIMMRTOQVXYUOHH\c[\`\USSNS_bYNX_^^WY[\b`aaWRQRPXXWVTOHHJEKOKIMDC?5*FB?KTHLNNXeb]P2KTSWWQYYPV[WNRKNZaWVYLFS[YSJW`ZVXUVTADMPNES\VUX]XRUOMORWZURUX^ZSRXVOGFQTRF>GHJSUHJNSVVTQ?=DFOU]^VHPUXPO@KUVVOELQTQMZ_cd_[UK?HMSSOTRSJQ[^`VJ<>JFMKGLZYUVRSPOLK?I_cffkhkfcZVTHHLNYe_MK`rxo\NRUFL^YZZ]TZcifYX]VU[[SLD\^XMFLJJRYTRGJU\JBNSUNORG?AW[WMOMCBHLD<6CAHOPIENSTXVYWRKIRMX][RRNON\b[IBV^K>OIHRYZil\RFSWTV]VMTYccTZ[ODTULLVRMTZ`Q@BJNUXRLOQRTTXINTIFMMSQWMJONXfcXRYb^PJXUSPPTPE*ATUTUVSOLLEJMG>DSUWWVUK:BOYWQNLZ^WHKRRKMSXWUV\^ZP;=BKTTUZ[WX^d`ZHLKQMNOUW[Y[\UORL<@DTVVOPWXYUPSSVO>9:ISRETc_UQ[_db\UWRJXZYRSVXRNQS[U[QU\fa[YUbcWK]`Z`nsoaYWSPU]`]a^crw~|}vx‡Œƒh[^\`hjeSQ^uzsc^aQWVRYffY[YYhndT_cSNIV[`SXSZ^]X\[LFGJHMQRRLKSVTGDVZVVUPES_[TX^c]JCQWMNJ[`deb[VVab[MV\Z[RDY^`]^_a\RPX\\PTSOZbdgcc^P\bepz‚‚zpr{ƒ…†ypbSKR^b[TWcosrbWXbhlnl^TVZ_bd`TPRWZVPT\__aUGKW^aYSXJNTZc]VDQbia_kspgd\_^XOX\`bd^VUYejc`^_da\cmhafjjcb^SQZenpfVWb_VESaa[SS[]epqf`dcabhhd^aisrgfXZs}zmejmqifR`jcdjcY[Z`bbffnkdclqgZ_ggaddjmmnpkc_MQa[WXXUNPZ[]b^We]XejgcbbaY[ZQTaab^UWUY_]V]^ZY`ghf`af]_]SOLIE?LWJEBGFTSH=H@3HPLQUUGNZ^daZXTYYYVHFDAHHMXNDHKPSVXXTYWVTTJ@GRQGMOKKNRNWVQWXP@@BFNVXSZYSNHKCII;5:KRLLQPKJKBCLAHSOIBEBGIJINQPLCCBBJVWQTMCKMJAMRZ]UDBCFUSQD?FLSQLMONNNLMHPYTMQSOMEPWGDXXST[\XLLSVOIXfglqw€‚{pZNJMMNVWR@Qdw}wjZL4$FOOJNMTU\YWA;SSV][RH?KTKDKMPRV_^PEKS[Y_WPUZPE7OXSVNT\XRQOG>8CN@BDLOZYWJ=KRTTUNY[[^UX^TAHMQWN>H[che]W[b_RXbc_RSY^]^[OGA:8KRHCC;3:AUYTRY[VMUZcni\QRRQU_]SN`f[ISVL??IRWSV\ZX_[TNF@@CDOXdbcedbYR?EA@OTPOLMDIYc`WX^^NFIRPOOLG=NVV:OPKOJ@ALNP\\`__ZT\ZOQUSGT]\YZPS\UHJPV^`ZJIXWQJJQQMIZ`b^_`b^\RR@2FWTHLJJNS\^YR[ZMDDEGDFHEIK@FOOSXZJAQ^`VY\OIROH?AOOLPOD>IGFMXY[^_VQIKLOQNNBFIUZVJHHFPXUVY^YWaifZIRN>FOMKBKLQ]_QWab`\[ROKIJQRNQSSS[OFNad^YV\_\aYPV^a_ckeRU[\[PBAQTNRVb_[QIUYWMNIGW^bVPQKMNN@BIRR]f[Vx‚€p„€o_TVG=EIOPet€‡ze\`a[UXWUZSLYUUV]SVbTZSUUPNYQZYOWVVY`bXUORXXQMLLC1ASX`efcb]SBQ]]YX`^VSW\ddnqjbPHXY\YZZ_ZQNXXU[_aca``_^XTJOV^[QMU]c^`ihopqw}{q{‡Šƒ{pb[WVPFQcnuupfMBHDFCD;FUZ[dhfacjmf]`\\WYYakjZBL[[][_a\\UHTNZe\ZROLP_i]Sfh]HTeda`[Scmja]RR]_bZVV^a[chc\bea]dnkbdlrk\NYnje^^_`\WbgmmidcbXWal]V]a^_`WUZckjdd_OSYalqnhddjc`psmd\jlgdaciheVZgcekX[RL?Ofeekonbdf^XVY]\WUU^^]^__bc[X`hprpqoqogVWbg\HV]W`jsmlZXXbLTMMX[QOVXSOOUTYYVNELV[URUQJEELRSCQTRNPRIEQVSOLLC==6EMH;U`Vb`LMKFHQUZ[]PHNUS[c^UW^ZQRKGGHNVXUUWXJDUWRDCEJHKPW\]]\U\ZTNT[]XYc`VJEEAJNN[[QCB;EJW\XSUQUTLSVOQ\\KA@LRRNDSYYY][QJT][NMPO\_cbYTWTFSZZPIRPR[[VNPX`cjhTPZopn}ŠtXQLLPUTSKOajjaZLADHFP[ZWfokf`XLFPZ\]^VMGGPTOMOMK=;DMNGMQNKOU[\UX\ZVV[^]URQQVUMLQW_WNVVNDSVULMUWVW[_gbV[^XTOU\fc[HE>NOKHLOUbheTNKFBKNNSZ^ZRZZHEFLPPSOYCBXaaaS\`efdUHETKCACOUQG?BETSHEQTVWYUJF>DTWQXNADKQSRPLGPSQRRLKWS>HRWXZ_ZPLNPFC?JKSUSPJMBEU[[YZXJBV\XTWMHX^ZQ=U[LKIA:4>;IWZQNLUQD:EMMPI?ET]ebXJKUTVWTPWURVY\L:DJOY]YTN@BO]a_[faWNIJOTUPUZUPJT_bYNFQXTQQUVW]XA@W]\WYTISOXVPDAPUZPEU\POX][VSIB8@S[VJI>N[c_R?2F^a[Ul€ƒlYquxulebXPTOSiw‹‹uPQXYRTX]bWKILU[YXTYR[bPSFM[XcYLQSR[b`Y[]\VVTJVYK1=EQ`fkjeb_YZef[[^ZVX\`_fjnk]QU`\PUZbcbZZXWXV[\`c_b[]_YRNG\ZQOLOba_]dtws‰Š~s…‹ˆs__c\T^bjmnmc\ZVMI[ZTTTSNJ[`abchkf^ddbbcehcc^KT^VHWfgbYWORW_`XSRQDHchYG]cUGBW^dpslbgjc`[NR`jf[QSRWeighhdZ^llfb_gjd\OZemegd^ZW_egc_a`c^Wcmqomf\TXUIIQUSVWYQQYZ\hma``bc^ksvk^\a\Valneb]P]b`^dm`Wa^[^ahonnljfb[JYa\hjTZ_]]iliffgeZY]ejokjmi\ZadWblcWZpuo_PYd]TH@JHAITVVIFCIKO=BQRSSHQGBIMOPWTIPJH@KTMRPPVSOIMHOMQNRTRHXS[VPLFAEFMSVTIKQWXUVY[\[[NUMB:?HHJHCIPKOVZ[VMGEIFEKTVYYMSVSNX]XMCVZWHHNRURRRVQPJ=EIRY\aVMROLGPIJHQTLJPWTGBGRXZ\YROKXYLGFRZXTTLMagd^ZUDAMQTTTYWMV^hda\euŠŽ‚y–€hUPQMHDOKM[fh_Z\VTMMQTMObmqqrcUSWT>BSOIFMYWWZ_[VQSRRSTNC69FY[[YR]XUY\RLLIKLJMMMLTVYYXSPRV^YMIQW\Y^gkiZQWZYZSUV\QGEDKQMLKMV`bYRIEBMPUWSPQTGEP@HSX]T[cf]PRX\VK0mgb^XJ=GH=ADDLWTJAHLRSRQXYY[XGHCFTVQRRMSSPQQSUQX\ZOIIGMOD1IOVUXODDJF:IFBKTTTNB>NSRRAN]YYZXN?GFDRROMIGB;+.ITVUMJAVZTQQLNMFHJKAHMHMRONP[[QMPPVJFV]ccie]VRPLKUSNQVXRKM]`ZUPMNJFLOTMTXULT[\\XLQWSZ`]RRYXRVXW[WZ__[MJNK=@O\XM@=GYbgaP@?PZ\Yiw€u\_pz}of^acdffgnuˆ‡ue\\VPYba\TMXYPOHV[SU[[PACYba>NQSR]_[XU\QFIGPURNMIHIOWZ^]`^Ybec][X_caVGWabf^T]baSHIN^_`_caVMVac_[XJLUUXUUZ[_`[]ggmnorskv‰Štz…ŠŒ~vkj_^ee`adil^]\ZOR_b\_YXSXZZURVX_\\^ab`ggaca[U[e^UXb`[cln[X`h_JHM6DZib_gfZQT]jkpqsjjif__UTXaeh[OOX\[bceeetytf_``[[W\^`cahda`W\ehgc^TMIM^jhljRHNSQYb^XW[a\SP[\VW^_d`^dfknkhfgbbhknxujdafgeb__^`lja]^hlnpkb_d_IN^_mqld`Y`id^[Z_]baYUV\ahjd^[YY\gne[_[`^[]_`TQNJKIFJKKVXUD8:8JLMQWWQOUPEIV[_ZUXYXL:CJTY[UZOQW\[LMLPVXPUQabbcRLKGIWXUQTJ=@A>ESQWTEIKQND8EGQSMSONZ^ZRPSV\TINRRU[YSYY[YYOFKPXTMGLKJPIFIPQPFBACNXXSGOQE@D?@<:MSRPKVXL8L\`\YNUVRFDIRXa`VSMSYfe]VRBDO\_\YXYV^ec]WY]wŽ—„‡‹‰yc\CHN4=QUiqvrkYGRZOB?>=A?EN]_c]XSGMRVRL:8ALQUQNPQKRRJKSRWTML@EJR]^ZSSPQYWPMU\YTTY^\ZSL<9??=5BSZR=DMRRIMLPMPQRTM?>FEHKKKFFUa\^XT[MVedWSVV\VTH<`WPMIC?@:CHEN]YKJTUXTJKRTVWSRWOQZRGHMQSSRMU[TORVTORKBGOK7C?59;HL>ADB:ILILPSWYTRYZYPVOG>=GJIIQOIAECGTW\WPXSOVWPCBFAPTYXSKMRQS^YCGD@PXXVYXWZXQ[]PBJPMF>M]ZVWRQZ`ZHFKLHWa`\YZZXWW[[Z_a[UX[VCYPL`cb`\V_UVTX]^WHLNLEBJ`_ZXVPT[``TQZjiqq^Yrqia[WT`gmja[r„ˆqVbbVX^dcbYZd_S9LRRQNSF7NagRP\^\^^[\WLTURFCDPUXUQPPQVZZ[XUVXa^adUTVSKJTVdnjSNXZ^`YQQ_ekibSLU]bZPQM;2M\]\deeh`]]\`jqldY]yƒƒzqƒ‡‚vwtidbVU[cfg\^c[TZ]Z^^^RTJWTMNNEU]SVcabdhb^aURPT]ef]T]ruqdRYaXQUXSJP[]Qbhc]_bedeinjmsi_VXX[dmphYSTORRX_`iin`YYZ\W\]\[Y]cbZbkcPiswlb^XGLMVbb`W^_`\WY\]`a\LDU]VMR]lqf]b^]hiliedgotrngeZdkk\Ybe``]a]JKW\cqr\Xdgggph^_PS^cijca][c]dc]RLX]gfedgfca`_TR[\UORX_fc[UJQVIGGLPROJDEMUQJFLNBBDHB@S]Y\e`WGFILRcc^ZQHFA=>>EPPITJPUPPWURWUQOJO[YNOPTTNQOF?MWWKLNU[WQPQ[TFINJFPSROIMPRUP>3RYOJQTOC?IBFHK@?MLTX[TJFMMV[TX_ZRJUUW`aYUNHMVNPUXIIGRZ[XUWVS[]^S\R]„’ŒwyzqcTJWQIZa_USRLHEHLU[TE17@BQcetxnNKTRD78GNIT]YOOSUYOLOUVLFKMMH:HHAKRPFBMVYKC@LIKEA9/CQWVYRJ8JSTOV]d_KEQTAFUWVXWUMNE8OWMOVUNURFJX]TQORFJP[\UPNILSRMFRXYbc\UUWRjzŠ’yvzpcVPOXSLW[WUSSSRX^R=@@912ACCJONFHQX`_SOQY^TNQLRWSOM\daVPOQPQUQS^cZLNTPKNOIWVPNHEIPUUXOFEKJKNJAD94KK;NXYUSR@H[ZVUZPMUQUWPMNIIPHD7_]SNIBVOIJMGT^X??LRVXZVFDJOPPLIQYTLBNZ[RH=GSUY\IKF965FXVTRNP[^VIS\WOFCARST^hd]RKRWVWYWWF=MXZQHMOIMSSFO]aYOTYVQV\P5JWXNLLLOMMNMLIEPMHPWOEJRPMKW\Z\`[J=EW_`^cgcONOHKSZURWZ_^YX`bTR[WUORXVXSJHUX`dd`^YWJENOG[fhebbcab[][WQKLJT_UKSYNX_Y[WNZXOSY[bgec]YRIZaaas|wre]^Xd_MORGJJGQu–¡Š{fcUNJL_krigdb_biiX_[Q\^P7KUTUTVSVQ]QKMSY\QFLWdibZaZHJLIV\_XORUVVXXWccfdqpje\SMFJTO@AR`ghlff``\^d_[OO[e\NYfjkkfac`W`mxtt€ˆŒ{ihib]jjd^Y\^^\^dca^WNOZX`_\XQS]c`^]eaSPUMEXRCQQYNShf]\_[Y`bkjeXVcfYVUZ[RQIN^]SZZ\hmbdfVNX\Z]_fnkgbaX\]]aknga\[UP\bX\hdST_eeb[dcb`hni`^^`blrgYXX[_^\`fprc_a]]XJPYbfigknge]WNUgff`Va^_fo}€yi_OVd]ZnkgqlcIPXIU_`beormidda`mb]giegplaelqropnldbekoomkieXSUhlgY[lsJVPNTUKKTMIVYUTaa\NH@Q[W[WVWPDRX[XURXN9FNPLOTUTRX\RS^dXZb]MMQWMC<@EGNOHEIKQWSLSYURTUXSORUSHO\Z]abYWQP]dhfd\OOWUSRSSTYZ[TS\cdXY]YRGNWZWZTKJHRR[b[YXN@NXNVa_YWZXXXUNENOA;9KWUIAEOTZ_V@@RXY[[Wcikie`YPHU^l€}zpZLOT/Q`TMKN]gŽ—šš‹gTXVNJWe`W]]OHbpqkPJYbbXUZ]WWWUSW]`YKQUUORXWR_aX\f\QJMTXY]]TWTV\\ZWY\XUei`\TONUVTRJNTWX_`ehige_ZTX[]ekg^cpvwul`^fg_k}…‡Ž‰~mmeglke[YWTX`^XUOSQUTV[dgg`UT\^ZYT[\TLSRJUTVUQELFMHC\chighlibVXXWZ[VUZV[\QUYYeciqrke`TNQU``cgwxpjfihdPXafacgvsrmeafcZIYggfcWUV^c`fd]cfb_jpke`\ZXV`krtgVNWHSPR[V[a`^hd`SSSRLTab\RZclikx{sga^mskdchfac\_\XPSadffkpqg`WZ\``^fjilshX\gjipthlpni_dbcroaPSOVd]LSenjTWPT[XROQSMIMN]_ZKJIT`[LEDBKNET[ZLIKHTbecYO@U[PRVY]]VM@B@GNI5@NKPPGRZVSTTOIMHFRT@JW\b[VTUNLOJTa[SOJ@?MRMINMSSHJ;FOHPKPNNP@Q`aYUPJRNQX^c]VGJSSRYQMYZPCS__]ZZXOLEAQQGIMPZbK9ISX[LGAOTXOCJKZWUSTRVYROLHDEELWSVWKOZURY\]YUWWVQTVYNQNRTUO@BQW_`T]ec\MQXUNGMPIUUVV`d`PKSSXaaZRGO[\VOHHLSRKHU_\YQTbcVOSWSTZUWQRVQSRTX`_WZaXURQLSXWMWZVUZ\QHDKKMWVLMKIPK@QZdim_agmhYUNKTSJY_ghUfgggaWU]Y][agdca`l€––‡YZedW=T[TJZe^XXkli\EM[\NBT]_bYWVWZYYRUMB:DRV\\XXVaf]ZQT]][Y]\]XW[XW[^dggdd[WQZeXW\YUTQJJckkf`iaXPFBPS\gjcadfosm`\glhj€ˆŠ†ˆ†zxzypj[[cg\U`ffV7HVYVXZekkd^_bgYMEGX`b`\ZSOIMWLK\YTPSX^_g`bgeba`__cga[^\__WU]`hggtshbNPYZ`gkltrmekuzvg]V_[XXdr}wwmijbNJ^d`ZWY[_dc[TV]bfa]hqpbXIQOVdcgbXY`__XPadXV`\]gkebOG[VR^]VZ[Udghifb\\]mvskmjka`gd^gfb\NU_fecc^_]di^][Yemi_c_fhknjjnj_fhe`lhURbb]^\USckgcXWY[YQANTRT@:@JECCJU]WL;@ANUPISWNEKU_baa[REDEETWUaaWHO[`^a_dYQQJSNOSW_\SKNJPQOJPVVRQRLMQHBPPPMRVRSUOIKL333;PXNLIIHNG?TVTSSLKLPVQNRPJFJJPWURX_REOSOCVedZMSVLGLNUebOBPVNFDHPRU\Y[VTDNSXSIFIDJIQXYXUVPCOTYYVVVSHX\SBFDGHNOO7;JEAFLMMGHGHURLQROUXWTPVTLJEAKP[fc]_]YTY[POPRONJHY][XUKQUWPONRTMGPSQKGY_][WU[`^UXadd_XZZ\\SEN[a^TFNTO\bbSQST\XQV[\ZVJMQUbcZQV^Y=QWWWTOR[`\\[XVSOJRZd`[[[WYaZSX`b_XPN]aaXX\RS[]]Zab[XU[[W\PRWVVOXZQNQLPLT[[\cbZP^cSLWWUUYZb_XQ[a[htyoZLORM`e_BOWVZ{’‹„ub[XZbYW]be]efaYWQTZZVJPkuQTXVZefdTVVNBJIJT[`a^__XWTXcc]XV\`UOPLMR_ijj^TVWQNZ_^b[WZY]feif`SbYIV]ONUTYa_[XP[ec]alpl{„~u€Š†ymqrnibT_`[XdljaVLXWSRbbka]Y\fgcROSaade\DDIJRJBKZYUZaaXV^WV][\]cWW_aYY_`daZXY]a^fpqf\LT^`]Xhlkja^hssmedhkf[b__gunhdfRNWY^WZhljca]`]^`e^aahpnd\R]\_hlhbYWabpn`hgRMQaiormg_TZ\_[VZ]\ZMYba^`_dZ^hkffhd\dgelpplfbdlkd`\djggbcV\TXaeeffaigfhe`TTgoqond`lij_]loghi_^dRWUKJMQTEALKEKHEHDOSM=*9G>KLRQUPPQ[`YLRUOKFKRXVSRTKMS[\UNSLb_QUc[IWae`RJQNV^^RKPSOTQFGLLKMPUURRLKJOLLKC?;;S`_RNNFMOKYZMNLJBKTQGCQQJKXSS[X[Z[LGW`[OY[Y_b\TSZZ^_WRVRGLX\W\ZNQQNSWZ[YOLLAAGLQVTT]YYXSEESYYRXegec_drrllps]V^]OOOCL\adg_NOVWO=>INOMFFEUYYTWWURWeeUFXW[b^REHPH>@IRSJFA>NVTX\\WPPNPUUSWZYTSSOIX_VL@HLLVZTMRQSURTOGJH=DSQMHLQNSYWPMOWZRPKKRUMACJSOPVTS^bb]_WPXYUJ@G]d_ZWK@ISTX@XBHPY\UKDABGDKNJNY]\TQNHHJNPQQPYUE?RZYQOU^]TNOQMNYVVSSZXJDDBMQIFRXVOLKNQZ\?:]XD@G5=IJOTYWX]]^ZRRWRC8CV^TV[UX[_`a[WSP`b^TRafaMVXJUcikfa`]UKPKKXXWfg^YSSY\WKJQNTWONZ`UR[QP[U@T^^]WNY`\^p€ˆkMZ\RDMRV]\YXnˆ”’’dZ[YXUOLZ`jqrd`^Z[]_\TSaqn^VXVajh[HVZOTRPSSVSFLSPOMTT\TJAT\ZU\_ZS\hlcOCYdUOYcbge]]\ehe^]_R\a\acca^\^\RPPORYSXeiku~‡zqu„‡zb]bjnoj^eg[cln`]XLPSW`_XUYVRUUWTS^daTY[\YJOXTLLQU[^^`XLL@V^NSRMHP`b[PW]^]]]YQ]aaef^QOW`_ZT_ihd]Ycif`geinhaca^bkg]\\_bhehikomk_amppe_T_^Zdha]_^\eeebhmdZXY\kjhifc^ageifc`\V^gnlhcVNPZ`c`dmlkkrrdSQKVemlfigfimoke_^LZfea__dkb^^b^`hdbahiii`^[^clomdfmojdjxzkdlorpKNSF@JVXTM_dZWXQWQFT]ZYPUODS\a^XNJU[R-8MNIJSYROPIMKFLSRSOQH:NNX_VKP^e`UTV[^`UGEKLGLKKPV[VPY[[Y[^XQGPTXUSKCRUNPSTJKQQXYW[VFKLMMEJTWMU`\MHKFVSFGab]PTY]]a[\]\PNHDQ[WOQVXQW^PLSTQQUTXXURJCLRPINUUPQRNE;NWWVcjle`PUdoy„ƒujhaPLQQS\aZTC=SYYMHQJKOQNMXc_VLLNU]bihZ^`ZNVSNBHL;3?@DMSQPL\cc__ZZVTPM\`[LJJIKPSLOXMJI8BYd_ZEKTPRN;>IMMJUWTPGAFTNTJNT]YVNADOOMMNEJMKSYUIGGQXRHV\YTM>H^eXFGLWZMAIDKEFW\RLOR\`[[^SXbaYLBHURDFVQDDJOMMR\^\WTM>M[^VJJKGKXabZONJKZ]VONJSQFHNWXWZWTURRWVOLFRXRF>@E?CMQI?;P_X[bfbXTY_`ZNSXTYXE@S_`[`TNWZUZ_[[\Rad[]s†‡…zhg_fVCSXbjjcdt…”–ˆ_Ya[WSTV[Z]gj[\c_QW_WVYY]\TKQO^aWJQTUXTXXK;BHMSNLMN[a^`VOW[Q[_Q@Ua_WN`je]R\a`]dYTUW\TMNUSZa[TZYPOWYVRRMSTDJU_\dp}xnx|‚‰„eSYhlg]Z]`ioffkdXU`cdaY[acTCPVQB`j^LLWb[NMPR[aac^RTZ^[QQ_hdb[QFLUca^`a\_hkc_mnkbhjd__dlihb_cf`[\a^`f[Wkog]UZ^a`b]cjlvtxrt||o][nwxpVOae_a_SR\]_lre]W[Z`]]W`bhkrroia\\[cjh\]foljeWYbgswo^Z[cgnwti]^coqh`a^bcdd]bhec^^eb`\gkiZ[YX^e`\dcceh_ad``ddghkonmjlwvhntligWQNLOHOROW_]V\^YZPHQ]a`VNKHX\W\WPTWRSICJFNUYOJJVab[RJOKJDJROECHVQTY_[WQP][^CDSZZUQU]^ZPLQOIINNBM[YMVa]a`OV`YRUOR\ZYZU]ee^^djdcb^IGSSUVRNPX\\XPPLMVXWXSQMRTZ[P9IntjdsznwŒ‘‰z[Z_[SALKS]Z_jobWTW^cd_SRXQJVa_VV\ZURVYWSMKR]b]TM<7NVZ_b`^a\RHEHPTlfd^achmmhlme`dloja\ff]\MP`a`__abggaelfZTV^aehifoqnusmn|t_NQgj`SUUbchie__dllomg^Q\mpfecknjnplg``^Y_lni__ikpqlflkwzrc[bd[m~ƒ}tgeeeb^bhkmk`hkkid_Z]]daZ[ZW]^dZ[\bbdlg_ZbjkeVS]lppqqldbgkrpphgeTG>71AT]X[X]YSJIDIPRQMQ[[_XMJUSY]\MKHCHPNLVJNXSQK=EX\JCCUXTKXLVVBO][[QMS[[UTNQOIA>ME@OZZG>CN[VRJLC>OPKIMSPCIPGL[^O@FTSU[YNJLLVWRGG=CLG=K[a^ZVUWSTROPS[^ZNLRPQPHFNSTVPRXUTNMGKRRPOLVRICHKSWTDGPMPHJJFMYckd[[hw~†€€€€ƒ‡nUNUYW\[ckmdTW\ZHMYZTUP]faKRTSULMKVVCJVWUTNFMGOQGDQR\RHVRNMJNJL]fcLJTVEGRQSME:HRM?>GOKR\\QKNRSUIK@ELDGRIE3ESTZYPD:Q`\I;AKLP[cg_TEE?INLT\_VTNMPDEIIBPYVLMUUQMF>@AHWbcWJOJ@LYYK.4ENIL[[QOYRWYZVWYYRORX_WL[[MDBGHO\_\OIC:>CNQUP\a\WOGM\\H,IKOSVLEAFPMF@B?28JFBHFFE@PUS\[UQQ]bK9I]gc_efaQJPVTSQRRS\fkdfkkg_TQXgmoeeig^VVURRQQOIHLIFDTWTRT^]WPW^UKMRWOOKLQRXYWbga_^XXMRRZSHIMYSdtƒ„†‚i]WE4:@MMYrztndQiz|peki`\V_oj]_aSGQUZfT7EAOVQD_]SLOV][RSSVQTRHE2D[]TS]_^\SMZ\SJKPZWTTYUV[^_`c]]]SLJQLDCKMQYW[X[WGGTPKKNNNRR]U@?Vhqmr€‡w‰‘ŠrcS[_U]a\TKYdlib^`_[fc\TGNXccfg]IBSZ][WTXUFO^c`VTRNFMGQ\Y`a[NOSDMZjjh^DN]ejgda^XY\hiaWY`a\URUWVNOY\Y_W]ag^\X]b\a`_\ag^`ZS^holikovsjh]Z[TXPRT[ab\`b\]inonaZahbb^cktvur`]cigimnnrurrrgdYN^kiQg…ˆƒrgg_Zb^emmkmrutrlZbXamlbUWbgk\[efbcigkigghhbc^ejkjklstwkfgoohinhTUQJBOPSRZPNKKLBGC.AQWVYXN=TXQLWTIIWUMMLLHLUUQNMOTX__NQZ]XNCINRVYSUYURS[\TBCFNOQMTUL?GRHKNGFK>>LPYWRD:KQMNLH>EPX[_\XXYXMELMIPSKFKLNGCKIGLORIHQVKKUOMWXRSTULNV[[b][U`k~„zgir€zeKK[db\\iaOROOURQaTSSO_ihVOMTXPGIMLHLemj^TW^TBFCMY^\YTPMPLOYVZ`c`VUTJBLV[VUOMSIHKX\_`]a\NLJX``XFKPLS`feWMSVQE;<4ES^ZLGKLNE@E@DKPFJM;?W[]XMLGKHRV[^Z\UQLNKCFQQSOTYVPXUFHIEJUXTTOD>?GKQYPFNTPKHGO^dYFKPX]ZRPF?HLIRI?JLRPPOV]UAHZedRPQNZihTT^^MHRVOFNTROOQ[[[Udh^[\Yef]W`hld\Q\_WRSSKOXRNLD=EE9!6;KWWUOO]ihXTUVQ\aVP=JMOTTVZ]_cb][TJ=JM[djy‚~vgWSJLTNEJ^psgRT\v‚~wkc^SSNX^^gkg[RRSMAP_VNTQNl`DJWY\VSQW]\WQSQEETWO[bab_\V\_XUSVWQLRXZ]a]\VQAE\c^^YNKOLHQab[\^d[WMMIFHKKNQWPISWdjam‚‡‚z‡Œ†qe_^]ksrkidfhb\[bfikf^WNN[jtrjf]RKU_cb[STZ[YWVSMZaXONILSRY[OW__W[`ahj`YU]fd_][d`ZX_\TPWV^aX]]Z[Z]REH\^WdjZPRY]VT[ehifXV^cX^dlkjjkorkcWUULHYX]ZbaYZ\_feebfV^[YM:A`twxuk\`eidekmhhpqkhaeia[SU[l}ˆ‹€sgd]ZV`dXO\hhostia]V]b_]YV[noaZcd_^ffeknmaYouulfdjlfnxxojkkc^\ghRWTOOINOQQPC>@@GOOMQUXKO^YWWf]PTQUU]VLOTQGOPRPTUWZXINFGOOSPABfdUNSOUTSH?HTRNRSNMPQSUYVOKHIMTZYSSOONLMNQXUWXXZTRSY]WSZ]VGHRMCLONQXQJH?JXPKPKGEJIIJABANXUSVYPPYWNCSQLU[N?GA@;EY]XPRTQBJTQNRCN^XMVUTUUQMN_gc[dtz{_Q^cs…Š‚bQ][]aedWT_`cggR_\QXTP[`\ZWLQGNRPVPR]ki_QKVVNKQWYSSUTLKOPHKWVRA\b`YCRFQWRXZXL6;TY]]UO[``WFL\`_TDQTTY^]N:CLSSOILGJUXZ[ZPHNL>GOPNTVSLSOFHQQPBR\a^WLR]ZK!GXZTN@LLGFDILYBP_ZRIT]VRZ^ZPR]``_UPJTRPTTRRW^ZUQGFGNOEHRH;@E@RYLLUVY^_`OB>DKQXXPJJKNPR[bbOBEU^[OMGOWNK^fcYS>Wki^XWSITY__XQAKWXFOVS]][UYVHF<45KUQIXZOSSUKENXWMPTGGMJLJHJHX\TMBCBAPZ[NGGIJOXVWUWYXUYVIMS[YRXWPOEKTNRXSPPMRRGNXVLMKSNKAMTPBBWb[QVVPEOPIJWUM^bT>FRZTJPYSKW][RSXSDLKKXWT``NS\[UV_gg\e}ƒ{lVHdn†ŽŠ}d\LGU`XTYj“†wNQLLOMKV[_YYNNZ`^[XMMPQIHLLFGPaf`WPSTOOT[RBVYPQ\ccY^ZTNPIGPNIKISYQOXWRDEW\P>ATLBGQWNLKOUSW^bg[M\WPLXWWRV[^ZZZULIKKHSPPSVW[W\\WWVLAHTTGDLOLORRPQQWXPDIPSNLRWSJNLB6KVJLWXTZ^NLOV^YRPLG9HROKNOICNSV[YWWWKP\[WKVbdRSs~{jTU\kt‹|XTVXZYdcn—ž˜x^K?9GRJ@PUU[[NPVSNUMSYYNWZUNJH\e^QOSUSQY_TJZ]YTURJLZ\QOPKCBPWZUX]LIT[^`\RIKK@PWQFMPKHIC?FQOLSG:IUUSVWWV_\FFLRKEO]b_[LGQRMRNHLES[ZSTTPKNQHKT[hga^WSNHLURJNTJERQN]he`]TTUVTQZXMILESZRTXPRR:AY^bZ[\[QKPUPFA=Sa`\OJNPOW]^XW\V@ANSURGNPGGFBCAKPROPMW^a_\OK:RccUPLWX[VSIUXT[`WC-OZ^XQF<2?;KLPPK?4CPQPRYb\WUXYTNH3LSB>DFAO_bA=Z\_nqenuodbd[IQZ\^XT^_YY\RMclhf`]YTTQQPIX^haX[YULORNQT[TXceaTXUSEL__GLELLPMIKQXZY[VWM\daaVZ^e]WTRIA6CMS[ed`VVRZhkmd]\VKPJDLR[UJSYchuwuedhb^pz{‚Œ†we]ZRKX]ZY[inrljlme\Wcca__gjg\YZSY]aicYaaefYTIN]\SPV\[RNSTZ_^ca`c`WZbZMS]ec\_if_e`\YZ[XW_d]e_bV]giaVammdb__a[PO^hha\^T@NZbaKZmslmpl`JKUU]\_`acdvsd`\chfihadd_\^\a`dnri_RCPb`XJUdbad^VZZW^][bka`vƒ~wuusphe_hutlenqpbPV[jhglk`bl[eji\ca[cljh\QY]a_\eifaVU]_ermk`d__fUOFM`\Z^]TNXRPMF@MJ@MS[bb^RTMOSWXWRPJNW\ZQYZYX^YQFEFBN\^S76FPRWOTb`WC>;;?ISIGHGIMKTWTHINOQQXbYMKPOUSJFNQH@UWSOVYUZ`_\XKC@PY`XGHQHIM^bZafaUQRNMSNMTTNOOB38BB@=C@?DDIQNJNNEEDHQRTWNHJJQJKMMRSJSci``]QEGRUMIBTWZ\ZVOHBDCBJRVXYVTYXRR]abUJFLPLNWed`[STXSTQ@?HLSRR[WOYUT]aZWPIJJMTbebXdrqcTQ[^RR[UWSSWOVWbbWOSd~‡‹‚mYPM=OX\ILZ^YLLMIFP^XKEQVZZHCP\UJX]NBIBDF543/CLQQSC6Y^[KIOKG=MSOGDNVWZVTNLUVMHQQQPfg^=BLSRPW[XYZ`_[UMQPZhkeVCHRL9IKAKUE@T\[ROKGKNI=8IYZWU^a]TXXOKLT^XUU]O>PRRHNRNB?3IXTTPFBIQMMMZ`^]bkgTMT\VLZUROMILPBW\bTB9FTQIDPPLLOYOLV\UKSWUW\]XMIKPUTS[RCQ`jf`PNX\^\`bYHJQTSX^cddi`IQT[YWNNefafb[WTUMFW`]`]XPIHSVJS^[B^aQJJJIM`qtpZKRJOUXZ^XMHNUZ`fnx}~ueQNafZ]^SXcjd_^dfcly†€jX`W[`\SVT\`fjiaXVUP:DP]YVFDSaeg`_UPVSSSRWSODHMSRJKW]][WTJCP^^b[\VRWYUSDEAQXWfe]LM>FMJMRTYTRTLRVNR\db\TW_fls}vv‰ŽŠƒtmlkaii_U_eovrjniZ[ee[ODP^c_UXftpd[NUM;JYegaadll\YXVSTGS\^Z[bqo]T[MGR^tˆ‡ƒw]LPW]Z^jpgZILPOO]T@@O\^YJHIZ\TNTN?>LPSQQK?6:@FLSSRWYTE;CNSS\]VTOHMOHDFCA?7HWTIOTK;0>KVWZ^WLKSYTOOOPRTF8@HLOPY^VAISNHQWVMRWTGFNOKJJCX]VSUM@QUHFCTUOA_`WKM^[UQXURV]^WLDMLFUYRIKVWK;FPGHH:FNUK?KNLQSLIDOQPLQU]\STQGHD@TPCTYSDDGPLNUTJGGOTQIJHG=HIFPTRNMQSY]XYUTL?DFKA6DVZdd``[N5.FRO8:AFMOQUR\]MDPZXQWehicXOLLRWQCMPCP\]\QBFNI?LOL>6>FKTYQVdrl`XOII@EX`b\au…ƒsURT;:Rbm…Ž‰wdDBPOR]gjcXGFOOGU\RG@IRPQYRMRVHBOYPW^ec^JESMSVNKB?RZPEAERZYXXQJJBJPJBCEI;B@LNOJLSQBHOOPQXID?FTTSLRQTUTYXQAANZZTMUYL>LSQOORNNOPMHMTNIOCJSL7DY[U@ATUS\eid]YQDJV\ZTLTVPSVTQIF=EV_\TRNGCEIHNVUSMRRNU[XUPKHERPDMVQRQ?<@S^]PTUUQMISWPZ^ZLFPTQJHJCDPSJE]d_^^TQHNOLI@@CHMMJKLFAHGINSZ[V]^cgYBMVTHDOLIVPQ\Z`\RILQPQSUW]_WRWZ[_XUG=J[dfbWbZ\^``WF>S\SN\[UUIWnskLRP?MT\]]XVPVRV\YJOVVS\`UTXTMDJTWXQQL@V_TRC>NegaYSVX\lhWcy„|mgcabbXH@1LWY_^Zy€nersldbfa\]]Y_cYZNYff`b\OMSeefZYXX\\TA;BHJJOahkcbUTYTOHVZ][SQX\VQYdaZQQWXTR^]fj`SKLHO[]\TTX[hmnib^VT]]^aZTTXk€ˆŠ„|yylodRWdf`jtqnsywmmkZ[caabb^_\ddi`_^V\[[UYYW[gg^YUT]TUZa]_]]\ZSPVVOU`e^]ROT]YWa]QUWYVPQMUa^XLS[^`__bb`]ab]YZZ`cdeehlni\\dkib^YYOR^dfX\kph\Xfkojdcg`OK]eifef`ksqcVfmjc_`[RES`bajjbd_ejigd[R[cabdgfdljh^UfnnggeUS[cadntnsrdglhe^YYWWkone]gvvneYQTadd\Y]c_UV\hn`[ckf_ile@COINZXOG??KURJLQULLFJWY`d_XIJBKRTSdkj_GCMWOKS[YSIEY]TMMSXMOTXPIJORJJPVQHSOJGBHRQHFBAIC?TNKLQWV;/GLC71;CCILRYTGNKPNQJINS\`[VNPJQYSXU?ATIK[_VORUSPTNG@BKTUXPOUQBFNKOZ^[NHMNKPWX[XWRLSLLVZUSPAAEQVS\`bfdZ@CRPSUQKNROQSQQIISTOBEY_f`VXUJFLRMA=>FQSONOMJEIOAINOUX]bQCNQK@?8:P[[VVW[ZYL?IMTSW[QMAFSWZZZUV\[dgiff_SUb^\ZI`j^MPTNWa_Q^fcUJBEF@P]`WFIUVOCABGWURQGWd^YVNZ^]SE:BBENRTQSVW^`]^SOZfkef€ˆƒutnmdcWEETYOLZa]kgU]ijecnpikmsjderrcS\iaYL>CGN`Za\[_ZZWXICLLPKDYimd[RY]^TNX\ZUKOXWU`eaQDPa]X\]YL_ig[YW^]YPPV[`ace_XWKIQTZ_TGEWjg}ŠŒ€zswkacjkla\ggesz|rX]XPOGU^]`ccchjje_WYQDHNKJMV\YX]VUSMS[c^Z_cdcfhfaclg^[VOY`XXWPACQ[fhc[^fdQ+>OSX]^_X`eabff`ZKLW\aZVY_WU]`]]ec\SLWbeTNLQMW]cjfcaijgaZQ\b_TPUagc[dihkjaZLRO^mwti`\XTbng_VYP_hleehl`Ucimgjjjgihgkk``eqqmfcdloqi\]bc]_ig]YQOdd_RSVW\`Y^djmc\ajqhZ]]US`\W\E@?HMTXSOJJLIH?MSOMNHJYYORRTVZ[ST[Z^edTNS\cY@OX`YOSZZSODI@AAJTSO[^]STWOJR[ZMKSMNLGQXSSRTRMHPM?IMQMXc^QPUVTM@FVW\^UOJKYZWQKPV[YNHK<9FP[XUURKT^\I;NRWabaa]NRURJG?>DW_PDIWTXb`_b[IKTM=9LTGGKKQSOOUVJEKNMXjlhZPGAFJbkof`cgkbYVTPTVZ\Ybx„‹‚dNKPPWXZRUTTXTHILMPTQUTW][Y]]VKPOGCMflk]\PIQLMQIO\\UKJU\UWRNMMQLBVZVW[XO?,GTUVSQJKNNSZSJOXVQPNQNKHIOGDRWUL7CJ=LU\`VQ\[WLGGB37RZ^NHWPEDCINL@CWc]M>HZ\JT\\VT>GV_\ZUQV[\V?DKMLLOOMJDFQ[]]``[PQYQJLMHQX[_`_`bgd^cc[QORODDPbdc\SPJBDOUMLM@MNLHEELPUTYRMV[bf`I3IYUQGB;LYZVSMGOSXVMOVNK[\TA;OUUTRNPSVVYbebWNJ]g`WITUZ^W[[SXYZZ[Z\[[abVLLR^TGVjm_OMQKTTIHR_^[VSST>GXb`[UUVRLHSPMUTPD[d_[^X]cZQHJSZ[XTV]\ab_UJPVYae^P]jy}†Œ†{l\[\Yfgd_[]^[X_YZdjdgdikwurd^rvhc^YY[VFY[PRY^aih_YPFOSSVPLWfke_^`cd__ec\X[\`^\\]UVQMVYZWZ_TXbbedZZUIKNMHRX^`[Z^XXYXZ]XLNWP]v‹”xs|p`\[\^deefggyƒxd^RGKMMTbiaS[]`cbfhdHSXUSQWWU\]Z[c^X^a`UT\^`jnk__feZWLKTTRNSSS[S`kldORX^[SRad^RPLNYffhiaUURTahaVV`_OMLILOOQVYTJJW[[fi^LHH>:@ENRPNRLJRXXfh[IIOMNR_cYKT]UPXXORPSJC:E]`WOKH\fgeigca_gz‹Š‰‰„x_VcbT=OdjbV_‰…ulh^NGR`oogdlh`di\S__VTJ@JMkUXahe]ZYSIKFDT^bfcaVUNMYUIGK@JPRXWKZca`\WNA?MWadcXSYUW_hh]KN\UOMRSSUW\]SRPXUdtwvŽ›š‹oijagf]XWNKn~vh[MUVjlcTE@K\`_dic_^_^fWQ\fdXTTZb]TVXPONSLMVPLYGJXdie__]]TFGKOUV]d^WW]^dd`]^ZSUQ[gi^T_b\f`Y]d`ddbWRG@V\iif\_g^SXUPU\`^`iun\IQRZQ_llYJ^ef_\_aghhjkbQ]VO[dd[U[fmka[\cdie]bc`bZXYiqo^[gh^][[ehekkhdd\Ze`[dbdhmi_NO`gmh`_V\fbicfqrgdd`bnogkb[mro^SZ[XYUJYbMWVOTXZUQSRORYWGLPS^gg^[Z[UJNLDNSNPY\QJK_hj_RPF:DOW^[NTXYPFD?IIORHNSMGHKOM??M[a^ZOGMSVMNSZXE;9ATRCBGZZEGW_YRTRI8:GORSONQ`baQHGFLCIKCC:HYZPQUUXYfeYROEW]YZPR_`UQVYY_bZ]ddb]_r|ztj[VX_ejhf`VCNYWQKWZQOXQX]WJLLOZQIT[V=a8DGJF>JRM>IMHLbibX[OMUSHTYUOUS`_[ZXH7@T[_VSZZXXQE@CMNOKPMLSTUPEMEFKHLRJDGDLTTVYXIEOMFFTN>FORRU\Q?NSSTXWWSRQQQZ\VMBBKRWPLPQMQY_][b^QPUXINV\`_SQ[[Zelm`Y]efc]X^`WYm}‡‚s_YV_``\VNIUTRURUSNQKGQ^VEKPNQSTSVUHJPKJYOFGFPNUVRE*6;JU`]WLB>GHM^^SMEMXRXZ[[YPDCUVQ=AGSU[LCBUZRJHBFXaZJ=MUSQMCFHIJA@:HLOC:;BPZLDGRPKIQDPY[WRIOP^]\XJOMIWa_O8FY[VPWS[edVH[XRRPKPMSZUS]\QFMJKPMC:ILPQB85NZUOOHEERTTI;N[[USYefbST[VAHM>CQPPNKQUMQLKISZS=CO^aYUTNNOYZWQPJXXJHPNPOKFIKQWZXQOOVac]KGOUWRVW\RONVTNX``[\WU`\F]Wfw}~vjQIPelcOP\[Vaflekruh]_cijlkcadeklh]^^VK8IWV]a]\WNU`ca`a_XKIHMVZ[XVPPSXWY[QMUWXaW;=RNMakeS[WNP^ff[PPW]bUFKS_]V_c[W_adcc[Xbw‚‰ŠƒvhcXKN[^^YX`iozxkSQehfOJYXPPGBLX_ekcW^[OT^]^\`ada[XZ][_a[ZXWQUQKTOZVOV^WJKUYVZ^\WRTY[Y`mrj_Y[UO_^[Wakigiga`adhd`WGWc^[_joqh]^gihdb`WOP^ac^`_WRG^f_V\ji^ZY`WPWZPOLN`gc[bcbghgb]^_dcZ__`jke]adiaW]jlg]chkkhi`^e`ffedjfmjZTYacd^\YgnrtriexyvvxpY]`amx{yxvria]knpl`SWLF^llOPQVaddc`\OIKWXTJP\c^WPQNKX\Y_^YUZXPM`efZSVYQPL[U>Q[XQMTSNNPJIEPPORVNOMVVQPQNPZaY\gcZTVMJVTMUUJOTXcYOAESTIPKRWSDBSSVUCHPRXXSPPTWVCHJIHGKI?BRSGEFFNXUIHQUNMJHHHOVQMTRO[ab_Y\^ZV\_\ROGNTSNXVGHNSZac^XQTPJLR`_RETXXgŒˆzeffd`X[\^cYdr€Ž”‚nea\\YXZZYUQUZY__RKF=HXVOUWWUSMKTWRNHJV^RMURSHGHC8;EKNUbd^SPLIGFFLQVLMTQVZ\bbW<-LQNIQWW[\M;ETWL5AOOU\VD=PWYYXYP>FLMPNGB@FSQKK\\OHNM>;35DOHYVSY_LPZZVZVFNSK>:FLMTVUV]adU;?F?EGNQQ\aUM^cT<@QQAB?@GCDPKDDGHHNWWJQTOQZ]VW]XNMJKNNRNOHENOBGVTMHNURHQ_\WYcaXLTWRYb[URICABAOY^RHECOZ]URXZXNDJMOOSA6@BSTTSOMPOQNND?UYMKUYde[]a\RQPGMW\TTVXVajjXHPZS;E`hdOHLEDNS]_\JERQETWSNEHSUKT\ZTXZ[ag`WJW\UVSPW^]VBOS]]X]SZ\ZdaY_``lmotwwnljpocHG[^XT`XYcpoifb]YbjjcZ]bgjc`YLURN@KOmiZRVZWXPMXWQNL=M]de]V\]ca_\PH4HT[a_SQQJPlskZW]]]chdf_X[WWJ>JO^bafeXagf`ZXSLduƒ„‡‡znlbabhbcbS[cjso`OSXZZTTS__SRMUWUekieZUZ^^aXSehfda[[Ybfgh^TX\SYZOHO\bcfeQQPTW`e`UNPW][RMW_TER\YKYdaWKZRH`e`VT\[^VH@[kknorjee^fhUUa^_b]XR\cTYaWO;H\]]^fklkc`ceeYJLQ]`d\[WUP\gtmng`]jjhjjnqqf_^bjkkgll_VchbemomgeaehggiklbZTfmmd]ZeommkgZinpfpqi^WNCLRQbhlmlgjsqusoe_T[frr=AMTY^WTNLONPMJP[fgePEGJ8;JDM[VMX^_aehgkc\^cbXSS\U\WCBKPOXT[ZZ[Pae^[XUVYQKQLJPV_fnj^PIDNOMGIHRXcllbQD:=GLXXPSSEPQWUR@EAGTTNSY]YLEKUVHFXYNMSOFA3GX^YTYOIPQPIROIRYVNKSZ`YWRQRTMS^b\HGIIOUWTWOGQQMUXNNJFEMMOKAKUSWu…‡wlf]T\JJZ_caZ`euŠˆsgd]VQRVYYUNRWWSZPDVVPMMEAJPPMA;CRWWUNHBBKTTWRHJJHFPYRAL\\NGKJOOONKMORUTSWQZ^R3.AFDLSUXWKBLTPFBCKTQWZ[UTZPUQLIXXXXNPOLBLWQHOJQYUHTQXbf[N[\ZZ^X]_N-IXRJSQT\aa_YLKKHHDGLV^b]UVZV;K`^NMLKNJHQLJCDKPTWPKW_\Z\]XYUMQYVK@FCEGJLSRPNRPQZ`f^KC;9*DW[TTRX[_`VLMRPE@KR_a\YTBMVVHDNONJSVSIW]TDJMWZX\\VRXZQLOQVRJOQOR]_Z[ZYZXPC?LSSXXWbmlfUKNRQZfkbVMNTX`dfb[JBNIGUZSWUW`V?C\`XTONcjb^__VNXYKAHNKT\[Y\Vb[Xbc^[O[Ygj`bqƒ}vledZGM`STZY^bdeds~}oVV]eb_ekmd^`b`OKMPKNZvl_]`ZPLY]LGPOIRad`LQ_fogYJNKCWYDBVYXO=:U^]\RNNHPS]\WQWROX[LJN@LQQE?T^XM\m}}wlpmUIUVUVZ^TK`eiu}€zupWQINQNMCENRKHEJ[]USTLH@FJG;;AJEOJRVSRVQRPSNFDOTKGKCIVb[Q[b]UTPKFNYUJPXVKNRZ\cY@GWQMGLRW[UXSMHGGCQOFS]hj\SD@MVSRURJ@7?PSOCEJOLH@GXZTUYVTVKL[`[NEKWYTNT]]XMLPT]b^ZQPMRNQVMKOOSUP>7FFSNKDGRW`b_SKLMI8DSXWRNXRRYb]WZ]feWMPLKX[Q>MRQV\XVXTVLOOIQSWVVQKF>DQZ[`c^ZJT\^[df]Y[XUX_gcX<6TWVRWPGNQ[[F7PbgaVUP[alspdI5KLHQ[^SX`USTV]WGU]`_WRSdhaa]lomj_O[]Ua`\Q^eaY_Y[nz{qdXX]PP\ikb[_a_a^RXONZYa\Y[XXRPSZTT]^XFXcZV[Y_deVPORIIOVUPYVPVV[ZQQWSMQ[]^^SZaed_WMJV`\WPOW^QLXRUelp†w‚xa\^]hkkgc\bhb[aZFLdkqplkjbU[VMYa]U[ff[S\^WULaefdlni`c^YYQOH@@GSNOUT]cif`PHHCVS[bgeYSR^us`dkebcdZJY]chgfffYX^onmmjkhqrqnmmeZNPe_blgS4Nipooutqleghrqk_emjg]ZXZgpmfgfilgkhcg~‚|m`]crup_Q_jgkon`aXVZ]\dnqoc\cee`eilg__dc_]ZdckqimjicYU^]^j]`\bdZJCLX]^\Z_ikeX\]]`bimof_dio2LTQTTBH^aVILW[[[a]E9UVSNQQ]^bbUQPNUVRPSQTRR^aXUajaS8:GHIKOGOYWLLW]aRKCRWUTQPVZUZYKH@CC:AJS_cc_``YRNNOWZSZVJJRX\`h`MHJACLNQXPLRMAII?MP?8BOIQWWZQLHAL[be\IVdkf_^MA:DPJHVVQTOIN`eb^TVQDKVVMLQOIV_YZYMGOTL8ISTUSblru}{u^AIS^]WTKSipgYcxŠ‰~tc[WTWWI@INMLCFRVOJMDCEHEJ>/@JMTTQH=FOH89GBPTOAP]a^YQEIGLZYD8FIKZgoi_VQQU]TMCUe_SFP=DR_[VMA<8LXYTTVUL7KIPOHGBCLOHVXRJGMNFBIICY]ZW^b[F9FMNFD9BNVVPGNWYWYXVGMTWTB?DZ`ZF@LS\\\ZWY_`WOSIHNLBKULEMWSORVRGONRZYQRTXM:,OY\]Y^`^XV[RW_^WZa\GEOVVSSXOQRPRI;D6K^RHV`aSKURMVdoh\WPRPG]e`Y[\U\_``ZQISef`[V]d[VfpkcjRH^cj`dd`amnfbcadu{sfa^SLYfcZWXW_[Z\W^YTL[N[bZ_^YWKLNWa]QM]dZYQS]^YQP\_RAOQPNNONO[[RS@AIPYaYDWjnophVKGWbUPJO`__`ZMOLZlv~znx€w_UQNZ]`chhdffji\\adcahhfid][ZSLcjg_cdZWZ_WFCPZXZagaabbc^RNPKDNOPNYbbcdhgO@SFVX`ekiggWaswq^]^`bf[TVYYYXSV[`dfif\cdedchgelhd[]`\abhb_\UXamwzysh_Uagf`cjnrpaY]^dfd^bgheg\c]dprpi^_luvqaOS\glrlecjeadgisvogdlkhcgppkcegmrqebjkgZ\_XWT_aPUacdhmlbDF\bd^^`kki]PVW]_`hlmlhgebaB>7>ILCT\ZWZXUWZ_]KCJQNTTNYZWUUYYSA8AKOPUZX^\UXaa\\[U]WJJUSLOQPSSJDW[RVWQNPQY\YRPWYNSQRFCLKOV`r}‚‚w]@IUZZYOQ`hicagzƒ„yqfWJFPRNTSQE@BDSWME83?LQKC=PUSYZ\SCGUYTPWOPNMNXabWOI@BLUVVRTTOKgttn[PKFZWTAM\]ZGFRQV\b]LLQIKR]\QGLSI=GGQVTK@AIFACLHBKJDIOSSNRSQT]YTJBIQUMLU\\ZYab\RTS\aYAD@ONJTVRR]]cfYPWG>VXQ]cf^ODIVXUI@HQI>LIHJRTQSWVRRQMROJSUYSMOIHGHV^\Z[`b[PDKPVXXX[]WVOW^YLQFEYSIGFOTOAEQUNPTNPVYULEBCPXWM8IRSTTUHALTDDSWVTSQLJIMJBJ@,5CJUQRZ]baYY]RRSQASbaLAIR]bdaWTQKRQSO@6LO>:JQUUPXXGI^n}}oh`XVYYY_VOZbXPTXZPTVZXciga`grorgUUV\fg`b]cjc]ann`ssoUIDE^a``\Zcf^Yc]U\]KJZtccijaVLKGR\]UQef]UU[^WOYaaRR^]R=CXVGOSVYH@JZb]N=Rcjjf`JGIR\]ZUY`Y]fjidXYkv…‡|x{xiV]\OPOZiliemrpopm`Z^^_eicXRWZUK^\YT[SSRXWTUVXbb__^[dg`\WOXVP[UORYgl`dol_ZaZW\]fmmid^_nmlcPX[VR_eaa^`gommhgpieUPPDT[`]\[\KGIX_^eijd]WSVaqsqkd`]X]^Y`g`dke\b`XQX\eged`a\U]bVXddgkospbV[ajookegiikklieh__cppi_fbaTV``hllhmng``^ZbhebfeTZQUalnaWW]ccb_hqtrg\WUU\jpqhgpwuj\QZKCPQSWXU_df^UONLHLH?=IKHKSNDISVUJESTIMOY\YWRWUVPWZ\_^OES\YXOPWR7_ZQNRUUXQTMXYNJV_\\YRI?KUN;4ALTQNIDPbb`YSV\[WOXWX\]]SRSLHF:E@QY]TR\cYQa_^aebVZc`[OMFCGGIT\dhu{vmeXWSURRF7EW[Z`dggyvm[JHOUQHLIORMBFOPKE6JQSVLHROLRZ^WMANSTQRP@9BMV[QD618DRRJ=AKSNL_mpfXCCNNEJPLKINTTUOOSTPGSTSKPTZMBKU[RMUZRW^b[WQX]cddUQaojXnr_1YjjZ[\`]Xlnpfm€„„}pPLOSTYbhkooeWXULabZZ`]jKZ^XUVTNMPYWTUZSLMKSWYZTTZcjeVU\bbZVMJRLFU\ZPVWKP\b]UFTPSSOTXZYKPbhibU_p„‘‰‰mY`]]JIKOTcmkmrwm\K]\]fkd\QHDVZOSPMPUPNNRZ`a^d]V\_YXcg`_TUW\\ZYccdnkdmneY[N@LYeidaZX`a`]TKX[T_muteackokaeegjd\XNQ[iia\dYQQPTZYSUUQPT^\djm_[bccaXTTU]_lne^YabTTVZVXZelg[fk]Tci^ddpqbW^cgkicadc^cdd_Yabehuwrnng_ggcdd_WW`e`dfgfjmhc_Z_cVW^akkkjfegmpndida^hbZUkwspgbt„|vmS?HFDLCCGQ`]OND7JPGJPXWLQSQMLLGSUSQH2EWa_]VFGOLHB7.FEBOTXakrnVWZY_ee\W`^SKAMKT]]_dilichipphZSKIINX\\[^WVZiq†„vlURTNAFNTYY\SJKRSOECQULEBADKTVHFIMXYP8=DD>QY\V@CDHGQSRILVUWKIVY]SKNPMP\\XNMRYVOJGHQZSQTPTMIVVIDHHLPGGP^]ZXTGFJISQPY[W[\\T^`YBAINUUQISUS[UNHGZ]XYZTRSWK[PFVNGPVW_\cbc\QOPPMPXY]^]ZNMQHSXH:T[[^Z[YYWLOWZWSSTNV\LBH=HNQVS>JTU]`WICNRNFHAAQ\^ULV_ZOMGP[acWUZZWYPFIGS]bhaUROBBKSSMEBKM:@IMW^]\d_\UO?ELMKH8EPYXVQOOR]\LEARV\\XTHHQC(DY[WOMHRSMLR\[VW\VUXdjcPRVZ]baWSLHILNVXZ]VKPMTdlm`_R?MFEN]YWWXVMJ\knd[UZ_[^^^TR]bt~vaYasrfIDMPSaj\V_js€s`WXXT\gjgnl`MZ`_fiVYd_WEOWWTY[XV[aaVMIFB8BS\]\TOXcc]YX`_YYY\XXQRSOIYc^OTW]^XNV\RQOTWYQCI]bd_LW`oƒƒˆ’Ška^Q>SXGYc`ntsl\UYWX\b`_UGKVSTTYTTVOQ\][VJNYWSb_EMdh_YPRVXZUXikknleac_NJPY]cd^]cbNX[[]adb^EMhnk][_c[Zlnmc`_`^_]dmifnmefhacgg^YRIDMbd_^__YYTYf]WVR^`ihVZc`fd`XT]TXbkjosi[ZilgRPenjchgajrpg\[ZihWDXpnf``mijtriagjpj^_WZ[ZbY\__eec`bZ]_V`egbhkjdhqunic^bsztlihjca\aly|wrpcOHM@4KOFKSTFIMDOSINR[ZOSXMPT\ZWUZQKQZ]ca[_WKR_\JFBEMHIW^RKQ`NOXWFMO8:S]OQZ^[\P<>MVPV^RHPXWI05V_[UC@IPXY[QGNSVWR[_as|yp[O@DJGFGONONQ[]_ecdgf`e^_gfedYVLBWY^^QQSSUXSl†‘‰wcTTVWTPKPSS\`[X`hc[KJRNNGDIELTQLIGR\ZUIRS@FSYUKAMSTQUXUTTYWVRMLQSMHGJJLWXLHQLC8GLRTSD=8GFIDHK>DJA=IKMOLOPFQVWVXOELWVOSRMNZ]SLNPYYTQVWWYUQY`][YSQLLY^^ecWRQPFJNVVPVWWQCCIQSRO^]OROSURHHMUVX\[\SMOVXQINMG-3KPZSQMA0EQSU]ZND>HNUZZTU`[TTXd]X_]`ddb`WRKJLQ]VIUMNROJFRVRSL5FIMXTTORTXQCXhhXQVQTURSUZDY`orgfhlnuobNQUWdZ&J_bap{|siVLJM[\cff]MVc]WX`abTL\GZd\FKVWWYbbQKXWQGR\Zbhlg]VSBHKFNZ^[XXWT\WCJ^\J8ELSUQ9>LSXYWXWXPTcd^QRV[_arˆŒŽ–•ˆv^[TNag]TRPZ`_d[VceVW\bhf\SPHRW_^fbbWOQPSWTYVFV\]gh`WVRMADRMM^^`ie_\^b]WW`d]ZO\ii\RUYR\]gaOBT]TXbbZM\klfb]Y\_ffgqj]bdW]bVbgmjcSJQ]jgadccf[VK\^_\MS[X\R7SU^bed__dclomljc]]dcWNdcb``giWartnke]\^]Wi|xbbiia`cjcV_kleVW_]X[ba\XV[cdhigYe_ejkSSTWYek^[^Vanqqstqeebabhprqie\QH=9-,NTPRSRUYKBLQPLLEC>GADQ\efbRP[ZRU_f`TQ][PDICNJ=HIQRKNS_f_TYT[hVS[`dYTXY]ZRBLPKIGLSQUXRXLOUVP>KYYTPMONLLV[TKHPTRVYcfZOJSZRPKCDMNJSXKE?EUXSKMYZXKN\WCRXQQNF>L\UDCMXRRcg^RVYVYVYgdlz{vdSHQOJSRQGIX]XT]_`ZTXp€~qb[[PUMAQeea[WQJN\ZPm‚ˆzxnd[]]QBGRVSRPV`eaPCKRVRKFQMOVULDCLU]ZMDMJT\^`^[UPGLV[UJALGSRLBKUJ?18HXZQMRVSDCOKSSE;EKB7COPNFJKILSIDLPNR^[BO\ZHS\[NW[XQFMPJHCGNFLRPJGD>Ub_NCGRbaQJS\WWDFNTdWRNMYYQMSRHIRRKJdwuc\VOGGTX[SSWaaVQTJ@U_XVUN4EMRTTV\TNTZ\XW[\QJTW]a_JGSSNFIUUK@0HUUPJDRXWMRWPHGCNXSICAQZZPJLMMPQU[``XPYYOJNQVN0AFKQSPHT_XYUHHM`bTDRYbc]KBUVJSZZZ_b\QNWcbVM`ebRdntmcga\fmRTeljqy{ym`KECDRY\YUTZecXYgk^\RT^k^DUc_TCW^TX\Z[Y]RN\hgh\QJ<77FNSMNJIKQ`^KP]PQTOW`b^[JG[__a\XbbX]^SJQW^cf}Œ”‘†„‘‡nYHHV^`_\UBL^hhdajnd`aW\b^^YT[\_dc`^ZLJRZb[V\RT[bghaUV]UKAV^\XOMXVTVW__XPYVTcTP`^SOYcWITYVUZU^d`ZVU\\YW^a`WP[hijnjXNXTaj[?TYfie][]cfedikgb_gileRP\ddgc^eh_]Y]_cgoaea\]fhhjfRUlmlkhima[cggkePS^e_mtrgjqpaYZVEKdffcb^`^YW][YYT]emqpomg]NY_^[`ef^YYZ[[bjdbjssqfe`himjdehdcmFF:EJJPRNPbbXAGOLL;*@RQHDNYensg[VVJ8M\[TVWYQ4QXVOAJSPQRWWRRW`ZPLMNQMILSOXWNRUG5T[\VRNJOI?9MTRGMYUTTTLEO_VECPOKRH;Nbf]WTMGIEDXZRgll_VGMFIOTME\hkfcgb\]Xawˆ…qc`ZRNODQ`\PK>@GNUPJYpsx{}uiZNVLLSWZUQPW^]MLT[\XNPOQJSYTG8JWZVUP@5JX^\Y`bWKMVY\TD@IKNG:JUVPAEFEANSRJCCGIUSMEOM?PYQ@KZPIV\VLRUQRVUPNQN=@LKBJSKELX]WJIOac_PY^d^MU9COW^NWSLJMSWREQUWWWgtqe``[SGLVUIEUabY`d_GGPQNYYY`\LAWYVWVX[ZUQQX\Z]_VGIMU\YMB=CFUVPJERW[TEKRPSY\UT]]^Y]a^ZUW\`XMLUTNGSVNOPLMW]ZRIT]KFROQX^b[HHCMZZSRN@GNMOFILIQRLPQRUTOPRSSPNOWTD4=KPPOVL9*ACEB\_[X^WLGGRUSD;OXWPKZ`YRPNIG=@R_ZIGMKIPOQX]OMSUE?JLTWNWYTSOFOWRFLVURHHBHLQ1$QXPLLNSVOFU[dbTNNPORSPT\[[\VMC97FJCEGS_]JB:CQY\RKVacbda^ZZUXhtpcae_QNRMKQOH:>GJINOKJY_dfjd^PBDNJKRTWZSNNLCRYac^LKRILNNRMFKVWPSWUQPWSMISaYGHOUWZVQSTK6FU[[QKHHFD@9BNPMJV_\Q[YG@>DKE?BJRUPIKKPQL?HVTPNRVXRV[PAEIMSXSJFKPJCLQ=-@?KUUTMOJMSZPGR_WLGIMSUVFHTVQX\]YZ]^TV]\ULSUTQUYZQ`_ac[Z^\bea^]ZVltqfiicbfgYTapv}}~p]`bUSabRKRTT^^a[Z`cNLbe`k]ZZSVVWYZ[WQ_^WJ7J[SOJSTFWdcYZ^RLX``^YYNRULAQbhkeKIO9HYa\[cnngRT[Y]Vagwˆ‹†|xrrrhZ]^a^fhd`ipiaZX^\^ggg]]cYQMZXZ[bgefceg\PHGTfeca_\^dkld]UTZ\[^_bb]]eqoa\VX^ZW[^a`VPTdcRR^`\V\`gheaa[V]bhg[O[\Ycc[dihqzsiafnmke`ba_^YTWR]daa_[RW\\_\ZTV^fotqmiqtpk]TU`ikkllkgd]^dbbehejhgbfmspehsvtvomd`QWac^U\ec`S[ggUHO\W^jnied^SX\caghe`jjahhconc^hf[`jqulafmkh]YVaf]bFA7DH??HVUMIKQUQNK87;=Wa`^\ai^RJTW[]WIPUNHEBQLV\[aVAS_`OJL2DYbYIJROWQUOE?DIQSPICQUZQ8MYRGC@B@JQTZ\ZWXFFLMAPVICOTVPURMCB\]WO:/HRRKFENPF?FCTYO>U^ZWKD=?DGJUQURMNLKOUTUYLT\TB?C?H>9IKIVSI@E?LY_YPQMQX^a]VVUX]]\Znup^EENNW^WPBNUTH?DLOdu}‚s^SRIAEJPONMLJNKFKS[b[XZVPVXULHGSWNEISY[YOKKGPahcSEEOVUNGNPEALUXVNOONND;;;?INS]ROZ\RKKRWSLRWef_WOMRWTPY[VRMPWUVYXREKMKSXSMHGKSRUZXG4K[\QQWRNCIPM?T_OB?HSQZX[XIIUWINTVURIC?=BLOR[c^\ZXWUJF3ERUUMECDHJLLTTV^[YZSMPSMFNVQDIOQNILYYNAJRYURFNPJP[YWegc\UQOTXWQLUT@@BJQWRDDH??JOPMKSXRJUSCITWYYVXRIRVONDHM^bSKPY[F1R]\STM?DLIIKXZPP]`UEQ_`ZQNUPG?;IMJNUWOMQPMEBEAW[UOH@90(>PPQ^_WTSAEFOP?A>AHQQNYacaV]daK>[b]jkbYRGLV]VU]gjdhlo{zbPXa]^\`qx}v^T`^GB]]YXU\hkdTV]bbW`YV_aJ8RZ^d_RQRZQUU[YFFQRGOXZOMSPR`aXP[\QMCEFU^[WeidY`\UEHSYVZ]fggdTTcc^R\ny‚‰‰‚~||tf`dV\_bde`ebU^\]`eimnkbc\TTdhc]^acbejkgXIGT`gkeR<8KWc]VMAPWRXT]d_]duqeUGPWU\aa``]Y\eiaTWTQW^\``X]a_`e\[[OOTNZ^`ae`]onhimqtvn_ammoqoaMGa\FV[ZVTQ`ifbd\`dkni``emjfZOZerskb`ifgcikha[chlibWWcimbO`cnuqljedZV^a^^acYSkup^RejigqxqddcV[[R\bd]T]`ig]eibbjd\[jqpaSblpi]UR]b\TJ?.1JQMOIHPYVR\`]QLPSOZ`hkb_a\L@ESYUSA=SZVTPJJFPZWI?S[]O=JTKKS_`POOBX__WMD=U]]Z\VPS\UINTMGFOSFKSWOOTYTOQNMOIRLKPY]\PTTH9HWUSHGNW\WTPP[ZSPLRTG?PQNVQM9DVVRLDBWQMJOTQOTGAJLJNJMBAQ]^VZ]bd_X\{†‚u\IAHS`a_PWb^SDJJJWz‡‰‚iW[UFNS[USQPURPLDN_`[\\\\]]\VDBZbYMD?QZRKDNQ\ceaTIGJKMPNKQPA1CVWU]^MB;FNIFPUW[N7IHKIBFUPRX_eicXJLLPXTSVWS>=SWHEVUX\YZUURKIKPRON\YJBEVTHORYYZUXQDNXTHIKJMI4?MX^T=RXUTSOJFINCAL`d^\\QQVQLMNUXYUDA@?QWW`\VRIKNFOVSMLTSOOPF@GDDPZURZ]^^]XTQBMTQT^bYKCGBFPVRIINQNKRVYRONH9;38EQTQNHJNOJBS_YSKPL2CW`_YMNai`BHSXP5>TTWRK<;OSEJW[YWYRJOUQWXSLMTTLPV_[VJPADNK>OUWLJTSGNOPRVNGIAU\SWR??RYVGFOOGDNT^fdaZRNTWW__[mpdTNHLST_adkmpmo|ŠŽ„fET]^VKOlt{zrcYMURL[\_aaW^fbZ]a`TY`V]kjT\:J]gbPKMMPMXceZPXUNYe_NJRTWYSRY_`ZDGLOZacca^KYdg_QS^\NE\_[YYW\kkbX[bjv|~€‚z]cecSRYd_a]ZZg_ZY\`ijfedbUTVdaX`bWP[_[_PIY_YR]]ZYSUVPY^ZXV_efZ`a[Z\d_TTKOJHX`YURYa^Z_aWMOOT[`ef_]\YY`^ab_[][[V[dcZ^fmeYcgstj^cinolbaXZieZ]\[Z__]bhfcaeeee_Saikspheacli`NTW^_]glgZZbfmoh]a`fif\X\bnqgYV\TMQVV^elfSbsnimnjeamxs\OZVche\VVRSac_ecadc^cdaedhhfjlongYQ[diikd]<8DCK\V4KZTKT_]ZX_`\\\ZTIPVSHJS]dd\QNV]WOPNIBGSK:CT^_WGIU[[PV`LQ[WRihVMKNYed\[[KJTH(GRORW``TDCOUFJTXNNT\XPGLROHLNJEIG7LRRRPKPYYXY\TN[d_VQUYbRLMQUXYXOFD?DC?LKHIK@3=QS^d\WTIOMIFADNVQ@AOTTPUZUJ\Z[]ZXTOKPQLMSWXSLMLKHCEJRSSNILMFGBKEDJMNKBHKPVXQSU\[YTQQSRL9:DC9Q?*.RH;NXTRSVROFMEBQ]^TNSNMJ59IKLKWYKJOIDDKF>ATXXZ]W[_]YWTKLIAJPOPTZSLLKOOEA@LVVXSMMLEDRYSNITUOAMPEBAPQYPMSLGPW`]QKEOWWNLHJGIBFNQSQYMPTPZ_\UMMHIMUPJLGDGKJGR\ZXWTO@IRRW\YO?L\]UTUFLTK??(L_`XI1>RWOKU[\XTXMS[VX^[MQW_caaX]\ZIJ^ZV^^\jrwsqwƒŒƒiMTDSXWS_ny~up]W[XP[bbddeb[MW^VPSQUO\^\[[3M[XRRTVXVTUY][W[UZaaYTX`b^VW[afbYZZYXVYbga`^\`\USQYZRT]_abTZfkcYUWdrwv‡Œ‰Ž’‰phe[bakj_Z]`dcc^abcdhbbfd]^]XUQRb`HCMUWRS\_YANWZe\UMKX`^[[\\cTMSYafgde`XVOM[c^TSYNLJW[NKY\]`[`b[[VTQUXaaY[_heajeUJM_g_VU^dfba_Y[_b\a_X]aZW[^hmfccgaS\dWRX^cjjivvqplg^QMU^efdYch`\^]`jmhhikmfikbiomro[KX\YT][VdmkaZbfggg_VTbih`WIMdnsueTR]ehgdhge``gmongdbdnnmjdVN]dfmighjSTFFUUKSXVPDRWYVX^ZRPJMPUTJCMU^`_]XP[a_QLKPUMGF6