Ficha de Caracterização - Câmara Municipal de Gondomar

Transcrição

Ficha de Caracterização - Câmara Municipal de Gondomar
$#%#( / '# 3124, &% !#%%&( 0
# -
"&%# .
&! $
#$$.
&! #
# &$.
&! #$
# ! $%# #$# % # $##$%&$%,$,$%, #$,%#$
PARQUE DAS SERRAS DO PORTO
LEVANTAMENTO DO PATRIMÓNIO NATURAL E CULTURAL
Fichas de caracterização (novembro 2015 – documento em permanente atualização)
1. Património natural
1.1. Património geológico
1.1.1. Tectónica e deformação das rochas
a) Anticlinal de Valongo
b) Sulco Carbonífero Dúrico-Beirão
c) Acidentes tectónicos e de deformação
1.1.2. Rochas e paleoambientes
1.1.3. Registo fóssil
1.1.4. Bancadas quartzíticas
a) Cristas e fragas quartzíticas
b) Canhão da Senhora do Salto
1.1.5. Marmitas de gigante
1.1.6. Recursos minerais
1.1.6.1. Recursos minerais metálicos
a) Jazigos minerais de antimónio-ouro
b) Jazigos minerais de ouro
c) Jazigos minerais de antimónio
d) Jazigo mineral de chumbo
e) Ocorrências minerais
1.1.6.2. Recursos minerais não metálicos – energéticos
a) Jazigos minerais de carvão-antracite
b) Ocorrência mineral de carvão
1.1.6.3. Recursos minerais não metálicos – ardósia
1.2. Património biológico
1.2.1. Rede Natura
1.2.2. Habitats
1.2.3. Flora
1.2.3.1. Briófitas
a) Espécies protegidas
b) Outras espécies
1.2.3.2. Pteridófitas
a) Espécies protegidas
b) Outras espécies
1.2.3.3. Gimnospérmicas e Angiospérmicas
a) Espécies protegidas
b) Outras espécies
1.2.4. Fauna
1.2.4.1. Invertebrados
a) Espécies protegidas
b) Outras espécies
1.2.4.2. Anfíbios
a) Espécies protegidas
b) Outras espécies
1.2.4.3. Aves
a) Espécies protegidas
b) Outras espécies
1.2.4.4. Mamíferos
a) Espécies protegidas
b) Outras espécies
1.2.4.5. Peixes
a) Espécies protegidas
b) Outras espécies
1.2.4.6. Répteis
a) Espécies protegidas
b) Outras espécies
1.3. Recursos hídricos
1.3.1. Rio Ferreira
1.3.2. Rio Sousa
1.3.3. Rio Simão
2. Património cultural
2.1. Património arqueológico
2.1.1. Abrigos – Casa da Orca
2.1.2. Monumentos megalíticos – Mamoa de Brandião
2.1.3. Castros
2.1.4. Testemunhos romanos
2.1.4.1 Exploração mineira romana primária
a)Trabalhos mineiros do Alto do Castelo
b)Trabalhos mineiros de Pias
c)Trabalhos mineiros de Santa Iria e Banjas
d)Trabalhos mineiros de Santa Justa
2.1.4.2. Exploração mineira romana secundária
2.1.4.3. Povoados/oficina
a) Oficina de Santa Comba, Outeiro da Mó e povoado/oficina do Poço Romano
b) Povoado mineiro da Quinta da Ivanta e da Corredoura
2.1.4.4. Necrópole da Corredoura
2.1.4.5. Religião/Epígrafe
2.1.4.6. Vias
2.1.5. Testemunhos medievais
2.1.5.1. Torre do Castelo de Aguiar de Sousa
2.1.5.2. Vias
2.2. Património construído
2.2.1. Vernacular
a) Aglomerado rural de Couce
b) Aglomerados de Aguiar de Sousa
c) Construções molinológicas
2.2.2. Religioso
2.2.2.1 Igrejas e capelas
a) Igreja de São Romão (Matriz de Aguiar de Sousa) e Capelas de São Sebastião, Nossa Senhora do
Salto e Santa Isabel
b) Capela de Santa Bárbara
c) Capelas do alto de Santa Justa
2.2.2.2. Alminhas e cruzeiros
2.2.3. Saúde – Sanatório de Mont’Alto
2.2.4. Pontes
2.2.4.1. Ponte ferroviária
2.2.4.2. Pontes rodoviárias
2.2.5. Outros
a) Muros tradicionais
b) Sistemas hidroagrícolas
c) Miradouros
2.3. Património industrial (mineiro)
2.3.1. Complexo mineiro das Banjas
2.3.2. Couto mineiro das Banjas
2.3.3. Complexo mineiro e cavalete de São Pedro da Cova
2.3.4. Couto mineiro de São Pedro da Cova
2.3.5. Couto mineiro da Pederneira
2.3.6. Couto mineiro de Valongo
2.3.7. Explorações de antimónio/ antimónio-ouro
2.3.8. Exploração lousífera
2.4. Património imaterial
2.4.1. Lendas, crenças e tradições
2.4.2. Festividades e romarias
a) Romarias de Santa Justa/Santa Rufina/São Sabino e Senhora dos Chãos
b) Festas de São Romão, São Sebastião, Santa Isabel e Senhora do Salto
2.4.3. Gastronomia
! ,.,!2(
'.!%!'%%('(
>:
'.!!(
,;-<-./(764'-0.'/%!/,0%'/
! %(,+(,7'5!,46'.5B6,'",':
.;9&&9<7NSFNOFPNOS
?:%&'.(-(%!2(
)!(7>8>8>8
-!'((%(%7!445 !6756B'5B56',B,/4!5B.6
4'!
.*5
('% (7/. /-4B4! !5!,/.%/
,/-!9'!(,/-!-7.;!4!5!E! 4/ /9B/9!,/B! 5C
%7'4 !/75B/4!'4C,/.%/B-2/!/4 /
/.,-,,'!-9(,,'!(7.6','., !,/.%/"7-!5647674.6'$/4-/-/5$,./555'-"64'/5!/4'!.6 /55!%7. / '4!/
./4/!56!G57 !56!B/--!5- '4!/ 54'56524!5!.6!5.5;/.5 !7-! E
--!!%!-794'9!,
@:-,!(
!+(%(!7$,/4-!.6/5%!/,0%'/5
,+,(1!&7572!4'/44!!-!567 /
,0-,!(7-!5647674%!/,0%'/-!4 !WN+- !!:6!.5/B55'-"64'B/- '4!/GB7*/!':/-!4%7,&SOSK24B/-7-
2,./:','.,'. /TNK24E/'$/4- 2/4/ !$/456!60.'5!"/.56'67( 2!,/5-!655! '-!.6/5-4'.&/537!$/4-5!. / !2/5'6 /5
/,/.%/ /6!-2/B6"/4!7/ !$'.'6'9/ /-4E
/-/4!57,6 / 5$/456!60.'5! 5$/45!4/5'9537!B/,/.%/ /56!-2/5674-./.6','.,B'.,75'9-!.6!2/49'5 /5'/5!44!'4!
/75B37!5'.7/5-!.6!9#-!59. //55!75,!'6/B574%!-5!445 !.6756B56',B,/4!5B'5B.6
4'!.*5/-4!,!9/555'.,9!'5E
56!.6','.,"4!/.&!' /2/45!47--!% /4!2!,/$6/ !B./5!7.8,!/5!!./.644!-54/&5-'5.6'%5E!56246!!.64,!:'56!B
%/4B7-%4. !9,!2/56/ !5/!46/2/4!4/5/ '$!4!.',B$!.0-!./ !5'%. /2/4'.9!45/ /4!,!9/E57 /!56! /.6','.,!:'56'-5'
/.6'.!.6'54/.($!45B$/4- 5&!4 !QNNEEB!4!52/.59!'52!,24!5!. !49/.4!%'/E
&+(,.'!+!-"-.!9(%)!9/%./,%9-+(,.!07!52!',4!,!9.'2'5%(56'!'!.6($'/G2! %0%'E
%0'!-(!%9(/(')&!7,/4';/!.37.6/'.6!4!55!'!.6($'/E
!&+,(+,!7.%!.!4,' !24'9 /
('!!('%!-&(-%!-7'.' !!-5!445/-5,9%74 5./5!!-
,!%'5,/!52!($'H!:E! !674I
%&'.(-+,(+,!.,!(7 /5/.56.6!5 /5 564/5 /54!52!6'9/5
-7.'(2'/5H./ '52/.(9!,246/6,' ! 4!I
A:('-,0(9%(,!2(
*- 9(/ +,($.(- $ !&+%&'.(-7 4/*!6/ ! %!//.5!49/ !- 24!4' !.64! -4 7.''2, ! ,/.%/ ! 7, ! ! '#.'5 / /46/ G
4'/ / 437! ,!/;0'/ ! ,/.%/ HOWWVIE 1!5 '9!455 ! !567 /B '97,%/ ! 5!.5'',';/ 5/4! / 264'-0.'/ %!/,0%'/ 4!%'/B 55'- /-/
24/-// /757$476/5756!.6 /E,9%74 5!-5! ! /567'5E
-(-7'!.6($'/B2! %0%'/B674(56'/B,;!4B !52/46'9/
-.(('-,0(9&-7264'-0.'/%!/,0%'/ 55!445-! /2/46'9' !5/-/-/',';/ /5/,/B !52/46/5-/6/4'; /5B9. ,'5-/
(--"0!-!'.,0'*-/./,-+,-,0(71!5 ! '97,%/!5!.5'',';/5/4!/264'-0.'/%!/,0%'/ 4!%'/B-'/4$'5,';/B-'.'-';/
/4'5/ !!4/5/
0'./!- +,!,(- ' -.( +,-,0(7 24/24'!64'/5B B GB B B E/46/ ! /7645 '.56'67'1!5 '!.6($'5B 55/'1!5 ,/'5B
!-24!55$',!'4$,/4!56,
B:(/&'.(,!!-/%
+-;1,.(-,.(,!9(/(,.((.(&+<753EG!445/46!F'4EG!4457,
/6/5D53EG.6','.,!'5! '-!.64
C:!%!(,!
HPNNVIB!445 !,/.%/G.6/24 !5/4'4A-47.''2, !,/.%/E
/76/BEB/74!./EEHPNOOIB'5604'!/,0%' /.6','., !,/.%/E9/,7/ !44! ' E.'9!45' ! //46/E
!.4'37!5BEEB. 4 !BE
EB7'.6G!44!'4BEB/2!5BEEB46BEEB!. /5!'5BEJ& /BEHPNOPIE424!. !4/-!44EEPRRE
-24!.5 .'9!45' ! !/'-4E
/74!./EEB/76/BEHPNOOIB'%!.5./6!-2/E/54!5 564',/'6!5//74/!:2,/4 /2!,/54/-./5E.'9!45' ! //46/E
/4!'4BEEEHPNNOIE64,&/ !%472/!-!/,/%'/-,7./5 /OO<./G7-2!452!6'9'./9 /4E-!567 /.4! !,/.%/E'55!46/
24/6!./ /%47 !-!564!!-
POU22E7, ! !'#.'5 .'9!45' ! //46/E
#".0.#5*
1'*.*)$ .*2.#*=#.*
B=
)0# #*
.>/?/01*:86(.2/(1&"1-2&(1
#"'*.-*.:8-(#-(<
0><((<?:MREMLENLMQ
C='()0*/*'#5*
+#!*:B;B;B;
/#!)**'*':9-161/)%"61:6(1F"(61
*)'"*:1/!1.6B6"!"7"-1/&1
.!1/#<)#*.!1/#/:"74"(-6"-";/(".D"!61!1;
10./. .)#/<!*. .)#*:68&"1-2&(!"1689&//##'#/:;6(;"-
D=/.#*
#-*'*!#:%-16."/817&"1-2&(17
.-.*4#(:"78"/!"F7"46-#.!6""."789!1
.3/.#*:9-161/)%"61:6(1F"(61166"741/!"9.=1/!"(7-'."/811.4-"<B16(&(/!/7%7"746"1"7!"!"%16. 1!
61&"/(
"6)/("79"77(;."/8"6"8(;!/7%7"786!(7D
-1/&F7"!"7!"4:-(G/168"!11681H8#(1.G/16!"78"!"(7"9H/9."<8"/71!"461<(.!."/8"TQ,.D6"741/7;"-4"-"6896!"
;6(7(77"!(."/86"71/8(/"/8(7(/86.1/8/'177B!96/8"161/)%"61B7"/!1.(7"<8"/7(61/)%"6!11961GHD
461-1/&F7"!"46B!"D"!61!"(/7/6!"B416"6!"QO,."8".461<(.!."/8"QLL.!""74"7796B7"/!111/881/1.961
%"(814169.!"71/8(/9(!!"416(/1/%16.(!!"1.!(716!/("7868(&6%(1.11.4-"<1(781F69;59(1B"/18"81416%-'(/;"6759"
461;1191;-&."/81!178"66"/17!1-"1=2(1/%"6(16716"178"66"/1761/)%"617!D
(61/)%"6!119616"46"7"/8.(161166$/(!"6;1".1689&-B8"/!17(!1"<4-16!!96/8"!#!7GMSUQFMUUPHD
(-*.0)#-#/!$/0#<*'+!#<1'01.'</-*.0#3:(7&)78("("/8)%(
'3)#/*#'<*1*)+(#:-16(= 1"/59/81(/8"6"77"("/8)%(1D
!#(-.*-.#:/&"/"6-(!!"46(;!1
*)##*)'#/(*/'!#/:(/(!"".7"6671.7-;&96!7/17"".
-"&(7- 1"74")%(G"<D"!"896H
'()0*/-.*-.#0.#*:!!171/78/8"7/17!78617!176"74"8(;17
.9/()4(17G/1!(741/);"-46818-(!!"!6"H
E=*)/.3*<'*.#5*
,/ <*1 -.*&0*/ & #(-'()0*/: 97"9 (/"(61 !" D "!61 ! 1; F !(;9-& 1 " 7"/7((-(= 1 46 8".8( !7 .(/7 !" 6;1C 461+"81 !"
6".1 1!"6"7)!9174"6(&1717!7.(/7!"D"!61!1;B116!"/!14"-FD
/*/:("/8)%(1"4"!&2&(1
/0**)/.3*<(/:!"417( 1!"6"7)!917B;/!-(7.1
*//$3#/#)0.3),/ 101./-./.3*: 3"7!"!(;9-& 1"7"/7((-(= 1716"1486(.2/(1&"1-2&(1!6"&(1D
3)01#/ -.#.*/ ) !/0* -./.3*: 46146("86(17B B FB B B D1681 " 19867 (/78(89( 3"7 ("/8)%(7B 771( 3"7 -1(7B
".46"77%(-"(6%-16"78-
F=*1()0*. ##/1'
-/>)4.0*/.0*!. #<*1*.0* *0*(-?:#(!(.0#.
>CAAD?
*0*/:
G=#'#*!. #
BDBNLLPD97"9!16;1I!7(/7!1"+1D61&6.97"1-2&(1B78"-1!"(;DTS4D
BDBNLLOD;1-9 17"!(."/86"8"82/(!(61/)%"6!11961G78"%/(/1(/%"6(16B!"1689&-HD!"6/17D"1-2<(1
!"<"D1690DNLLOD1-DNTB44DMLSFMNQ
! ,.,!2(
!'.-..)'!(-(,&(
>:
'.!!(
,;-<-./(753',/-'.%!.+/%'.
! %(,+(,7'4!+35'-4B5+'"+'9
.;9&&9<7LPFLMFNLMP
?:%&'.(-(%!2(
)!(7>8>8>8
-!'((%(%7!334 !-5645B'4B45'+B+.3!4B-53'!
-*4
('% (7.- .,3B3! !4!+.-%.
,/-!9'!(,/-!-7-:!3!4!E! 3. .8B.8!+.!.: .
.64B! 4!!+3!4C%6'3 !.64B.3!'3C+.-%.B,1.!.3 .
/.,-,,'!-9(,,'!(735%!.+/%' !.356%+
--!!%!-783'8!+
@:-,!(
!+(%(!7$+.3,!-5.4%!.+/%'.4
,+,(1!&7.,3!+!8-'!,5. 3!
,0-,!(7453!%'.",3 1.383'.4!1'4/ '.45!5/-'.4B !$.3,- .43.&4.+.-%. .45!,1.4%!.+/%'.4E
!.3 ..,.4!456 .413!453!4!F4!26!135'3 .3!,3'..6,3'.'-$!3'.3HAI'-45+.6F4!6,'-:.-!-53.F+"3'B.- !4!
!1.4'53,4$.3,0!4 ..,1+!9.'45.F36826'.!-.$'-+ .,3'.461!3'.3B4$.345!5/-'4.,13!44'8456-5!413.8.3,.
.3,!-5.!1.45!3'.3!3.4. !444$.3,0!4B%!3- .F4!4 .34 $4!43 H.3.%!-'+! /-'IE
.45!3'.3,!-5!..33!6,$4! ! '45!-4.3!41.-48!+1!+$.3,. !6,-.8'.- !4! !1.4'5,B!, '4.3 -'-%6+3B.44! ',!-5.4
.3 .8('.4B4'+73'.4! !8/-'.426!4.$3!3,. .3.%!-'
!3(-'26!.4 !$.3,.6B - ..3'%!, .34 !.3'!-5.%!3+FB26!3
-5'+'-'426!34'-+'-'4B., !4526!13.-5'+'-+ !+.-%.E
*-.3.-($!3.26!463%!6,$4! '45!-4'8B.3'%'-- .'3.-($!3 ..63.E
+", ..33#-' ! .34B4.8'4(8!'4-3!%'. '8!344$+&4 !53.! ! '3!.!$+&4&.3':.-5'4B3!46+5-5!45,", ,.8',!-5.
5!5/-' 41+4B!26!3!$+!5!,..,1.35,!-5. 43.&4 !.3 ..,413.$6- ' !426!4!!-.-53,D.3'%'-- .4$+&4B26- .
..33!3,1!35. 461!3$('!B!4 .34B26- ...33!3,!,13.$6- ' !E
&+(,.'!+!-"-.!9(%)!9/%./,%9-+(,.!07'4%(45'!'!-5($'
%0'!-(!%9(/(')&!7+.3':.!-26-5.'-5!3!44!'!-5($'.E
!&+,(+,!7-%!-!3+' !13'8 .
('!!('%!-&(-%!-7'-' !!,4!334.,4+8%63 4-.4!!,
+!%'4+.!41!($'H!9E! !563I
%&'.(-+,(+,!.,!(7 .4.-45-5!4 .4 453.4 .43!41!5'8.4
,6-'(1'.4H-. '41.-(8!+135.5+' ! 3!I
A:('-,0(9%(,!2(
*- 9(/ +,($.(- $ !&+%&'.(-7 3.*!5. ! %!..-4!38. !, 13!3' !-53! ,3 6-''1+ ! +.-%. ! 6+ ! ! '#-'4 . .35. F
3'. .326!+!.:/'. !+.-%.E0!4 '8!344 !!456 .B ! '86+%.!4!-4''+':.4.3!.153',/-'.%!.+/%'. 3!%'.E
-(-7563(45'.B+:!3B !41.35'8.B'!-5($'.!1! %/%'.
-.(('-,0(9&-7,.'+':. .4.+.B8- +'4,.
(--"0!- !'.,0'*- /./,- +,-,0(7 0!4 ! !456 .B '86+%. ! 4!-4''+':. 4.3! . 153',/-'. %!.+/%'. 3!%'.B ,'.3 $'4+':.B
,'-',':. !3.4.
0'./!- +,!,(- ' -.( +,-,0(7 13.13'!53'.4B B FB B B E.35. ! .6534 '-45'56'0!4 '!-5($'4B 44.'0!4 +.'4B
!,13!44$'+!'3$+.3!45+
B:(/&'.(,!!-/%
+-;'1,.(-,.(,!9(/(,.((.(&+<7.1+'8!+
(.(-D
C:!%!(,!
HNLLSIE!334 !+.-%.E-5.13 !4.3'3@,36-''1+ !+.-%.E
B
EHMTTOIG4,'-!3+':0!4 !F6 3!%'.63'.F!'3E.35.D6+ !'#-'4 -'8!34' !.35.EN8.+4B1EQLRE!4! !
.65.3,!-5.
.65.B
EB.63!-.EEBNLMMB
'45/3'!.+/%' .-5'+'-+ !+.-%.E8.+6. !33! ' E-'8!34' ! ..35.E
.63!-.EEB.65.B
EBNLMMB'%!-4-.5!,1.E.4,3!4 453'+.'5!4..63.!91+.3 .1!+.43.,-.4E-'8!34' ! ..35.E
.3!'3BEEEBNLLME53+&. !%361.!,!.+.%'.,+6-.4 .MM;-.F6,1!341!5'8'-.8 .3E,!456 .-3! !+.-%.E'44!35.
13.5!-. .%36 !,!453!!,!.+.%'13.-4'-.E.+6,!ENMR11E6+ ! !'#-'4 -'8!34' ! ..35.E
! ,.,!2(
( -+%(&!'.-
?;
'.!!(
,<-=-./(886)/20)1'#1.2') 1
! %(,+(,8
)7#.68)078.)$.)=
.<:&&:=8QVLQRLSQRV
@;%&'.(-(%!2(
)!(8?9?9@
-!'((%(%8#667"#8978G)7G78)!.G.16#7G086)#
0,7
('% (8
10"1/6G6#"#7#.10'1
,/-!:'!(,/-!-80>#6#7#I#"61"1;G1;#.11>"1
197G#"7##.6#7H'9)6"#197#16#)6H.10'1G/41#
16"1
/.,-,,'!-:(,,'!(8761 (74.#1>1) 7&.1608#706#')1 1078)89#/1461.10'/#08116)#08."1&.0 1"108) .)0."#
.10'1#6#46#7#08/.'907"176#.#;17/)7)/416808#7"6#')1 1/")6# !1MI
--!!%!-8;6);#.
A;-,!(
!+(%(!8&.16/#0817'#1.2') 17
,+,(1!&860'#81"6##/#789"1
,0-,!(86#')1#/ 97,7##0 10861979/#674169//6"#461&90")""# 107)"#6;#.#( #6 "#VUQ/).(3#7"#017 1/#!6/
"#417)86M7#G01&90"1"#77#/6G1746)/#)6177#")/#081759#"#6/16)'#/1J1/4.#=1)781M
69;59) 1KG"#)""#/6) #8/$/6$M
/6) #59#"#6/16)'#/17=)7817#17'69;59#759#;#/17(1,#I0 1086/178/$/5968>)817# 10'.1/#6"17G19861616)')0"174#.
"#417)!1"#7#")/#0817#/.1 )7/#017461&90"17G 1/1>10.)816.19/#7/1>107"#46)I/#")"59#;/17;0!0"14#.77#667G$
4177*;#. 1/461;6&168#46#7#0!"#6"27)7#=)7817G16)')0"174#.177#")/#0817 ";#>/)7&)01759#7#&16/&16/0"1/#")"59#1/6&) ;
/)7461&90"1I)0"4177*;#.#0 10866;#78*')17"14#6*1"1"'. )!159#1 166#9( #6 "#UUVIIG17")/) 8)817G59#7161 (7&16/"701
6"1;* ) 194#6)16L)0* )1"1).:6) 1I7:.8)/177#")/#0817"#417)8"17#//)#08#/6)0(1"8/"1#;20) 1G590"11/66# 919"#;#>I468)6
"1610*&#61G( #6 "#TQQIIG&16//M7#"#077&.16#7878614) )7#"#417)8/M7#7#")/#0817"# 6 8#6*78) 7 108)0#08)7G#/ )7
)086/1080(177G6#46#7#08"1746)0 )4./#08#4166#0)817G 10'.1/#6"17G=)7817 1/&277#)7#)08#6 .!3#7"# 6;1I
&+(,.'!+!-"-.!:(%)!:/%./,%:-+(,.!08)7'*78) # )#08*&) %0'!-(!%:(/(')&!8;.16)>!1#059081)08#6#77# )#08*&) 1G896*78) 1G4)7'*78) 1
!&+,(+,!80'#0#6.)""#46);"1
('!!('%!-&(-%!-87#667 1/7.;'96"7017##/.#')7.!1
#74# *&) N#=I#"#896O
%&'.(-+,(+,!.,!(8""17 107808#7"17 "78617"176#74#8);17
/90) *4)17N01")7410*;#.46818.)""#"6#O
B;('-,0(:%(,!2(
*- :(/ +,($.(- $ !&+%&'.(-8 61,#81 "# '#1 107#6;!1 #/ 46 #6) #086# /6 90) )4. "# .10'1 # 9.""# "# )%0 )7 "1 1681 M
6)!1 "1 659# .#1>2) 1 "# .10'1 NRYYXOI !3#7 ");#677 "# #789"1G ");9.'!1 # 7#07)).)>!1 716# 1 486)/20)1 '#1.2') 1 " 6#')1G 77)/ 1/1
461/1!1"1979&69817978#08"1I.;'96"7#/7#"#"1789)7I
-(-8896*78) 1G.>#6G"#74168);1G )#08*&) 1#4#"'2') 1
-.(('-,0(:&-8&(!%!2((-(%(70'%!-&(7,(% !'0!+.,!&)'!(7-+(,.(-&(.(,!2((--"0!- !'.,0'*- /./,- +,-,0(8 !3#7 "# #789"1G ");9.'!1 # 7#07)).)>!1 716# 1 486)/20)1 '#1.2') 1 " 6#')1G /)16 &)7 .)>!1G
/)0)/)>!1"#6171
0'./!- +,!,(- ' -.( +,-,0(8 46146)#86)17G G MG G G I1681 # 19867 )078)89)!3#7 )#08*&) 7G 771 )!3#7 .1 )7G
#/46#77&).#)6&.16#78.
C;(/&'.(,!!-/%
+-<1,.(-,.(,!:(/(,.((.(&+=8
(.(-875IM6 7"#10"9.!1N)44.#/6-7OL)6IM10'.1/#6"17NH"96#)6GIHSQRRO
D;!%!(,!
.;#7GIIIGSQRQI74#817'#1.2') 17"6#')1"# 0#.7N619 O;.)"1709/4#674#8);")"8) 1M486)/10).I
I#667"#.10'1I08146"#7 16)6F/690) )4."#.10'1I
1981GIG196#0!1IIGSQRRG)7826)
#1.2') "108) .)0."#.10'1I;1.9!1"#66#")"I0);#67)""#"11681I
196#0!1IIG1981GIGSQRRG)'#07018#/41I17/6#7"786).1)8#711961#=4.16"14#.1761/017I0);#67)""#"11681I
16#)6GIIIGSQQRI86.(1"#'6941#/
#1.1') 1/.9017"1RR?01M9/4#674#8);)01;"16I/#789"106#"#.10'1I)77#68!1
4618#0!1"1'69"#/#786##/
#1.1')46107)01I1.9/#ISRW44I 9.""#"#)%0 )7"0);#67)""#"11681I
##.1GIG#"617GIIGRYXYI"#6017"#
#1'6&)IV44I187716#;)'#/"##789"16#"#.10'1I0);#67)""#"#1)/6I
<<<I;.10'1/)#08.I 1/
! ,.,!2(
!-.()--!%
>:
'.!!(
,;-<-./(731$*-+$,",)-"$,
! %(,+(,7$2)13$+2>3)$)$7
.;9&&9<7ILCIJCKIJL
?:%&'.(-(%!2(
)!(7>8>8@
-!'((%(%7B
('% (7,+,*1>12),+",
,/-!9'!(,/-!-7B
/.,-,,'!-9(,,'!(7$)$,"1!$$612?13",)-"$,134")A
--!!%!-761$6)
@:-,!(
!+(%(!7!),1*+3,2",)-"$,2
,+,(1!&761$6)
,0-,!(721,#2/12+32+22112*234,>)*4*)6,6),1",)-"$,>/1216*4*2/-)$,!-22$)04+,216)22/$2
!4+%23$2!),1%23$204#$31*+23311$3-1$,,),+",,3*/,>21/),8-$A2!-22$2/12+322,731**+3$*/,13+32,
131$81*4*/1%,,*!$+$,#$23-1$6,)4,11>+4*)341*04,*$+31)6,1"$,1**4$3,$!1+32A
$612$7$23+3>23*D2,1"+$2*,2,*,231$),$32>043$61*,24/,"4+,1,6%$,>,2"1/3-)$3,2>,*/,"4+,$)51$,>,2
104$-/,2>3+,+,+3+3,2$,3**+,+31,27*/)12"231-/,2>!)-/,2>$6)62>$23,$2>1$+,$2>1$,8,1$,2>/$72
$+)42$6)"2>)*)"4+2!-22$2/)+32>232,/1%,,1,+%!1,>04,114'/-2,14,!$+$3$6,,*1A+,+31*D23**2
*12,+4),,*1>2$"+2G1$//)*1(2G2+,4*2/1,62$2041"$,'2+,+31,424*12>*/1%,,21
),8-$A
&+(,.'!+!-"-.!9(%)!9/%./,%9-+(,.!072/$)1)6+$/$2"%23$$+3%!$
%0'!-(!%9(/(')&!7),1$8,+04+3,$+3122$+3%!$,A
!&+,(+,!7+"+1)$/1$6,
('!!('%!-&(-%!-7$,31$*-+$,?2112,*2)6"412+,2
*)"$2),2/%!$E7A341F
%&'.(-+,(+,!.,!(7,2,+23+32,2231,2,212/3$6,2
*4+$%/$,2E+,$2/,+%6)/13,3)$1F
A:('-,0(9%(,!2(
*- 9(/ +,($.(- $ !&+%&'.(-7 1,'3, ",,+216, * /11$ +31 *1 4+$$/) ),+", 4) $ +$2 , ,13, D
1$, , 104 ),8-$, ),+", EJOONFA .2 $6122 234,> $64)", 2+2$$)$8, 2,1 , /31$*-+$, ",)-"$, 1"$,> 22$* ,*,
/1,*,,,424!143,2423+3,A)6"412*2,234$2A
-(-7$+3%!$,>/"-"$,>341%23$,
-.(('-,0(9&-71,)#$+6$>6+)$2*,>1,2,
(--"0!-!'.,0'*-/./,-+,-,0(7.2234,>$64)",2+2$$)$8,2,1,/31$*-+$,",)-"$,,*$+3122/)+3,)-"$,
0'./!- +,!,(- ' -.( +,-,0(7 /1,/1$31$,2> > D> > > A,13, ,4312 $+23$34$.2 $+3%!$2> 22,$.2 ),$2>
*/122!$)$1!),123)
B:(/&'.(,!!-/%
+-;'1,.(-,.(,!9(/(,.((.(&+<7
,3,2@20ADG$//)1(2GC$1AD1/3-)$3,2C$7,D1$),$3
C:!%!(,!
A112),+",A+3,/12,1$1=*14+$$/)),+",A
,43,>A>,41+,AA>KIJJ>$23-1$,)-"$,+3$)$+)),+",A6,)4,11$A+$612$,,13,A
,41+,AA>,43,>A>KIJJ>$"+2+,3*/,A,2*12231$),$32,,41,7/),1,/),21,*+,2A+$612$,,13,A
,1$1>AAA>KIIJA31)#,"14/,*,),"$,*)4+,2,JJ9+,D4*/12/3$6$+,6,1A*234,+1),+",A$2213,
/1,3+,,"14*231*,),"$/1,+2$+A,)4*
AKJM//A4)$ +$2+$612$,,13,A
! -/-!3(
-!./.-.,0-/3"/!.
?;
'/!!(
-<.=./0(842&+.,&-$ -*.$&! %(-+(-8&3 *24&,3?4*&!*&7
/<:&&:=8FJBFGBHFGJ
@;%&'/(.(%!3(
)!(8?9?9B9
.!'((%(%8 223 4534?&3?34&*?*-2 3?,4
2& ,)3
('% (8-,-+2?2 3 *-,$-
-0.!:'!(-0.!.8,8 2 3 A 2--6?-6 *- -8-
-53? 3 *2 3@$5&2 -53 -2 &2@*-,$-?+0- -2-
0/-.--'!.:(--'!(8* 34 & --24-? 34+B3 ,0&3$ +?32&34315248'4&3?0-23 2 +*-,$3,&2 -B?
3 $5 +3 ,3&6 *+ ,4 3*&,%3 5+ 33 223?-22 30-, ,--3#*,-3-& ,4* -2& ,4*-,4&*&,* *-,$-A
..!!%!.82&6 *
A;.-!(
!+(%(!8#*-2+ ,4-3$ -*.$&-3
-+-(2!&82&6 *
-1.-!(80&3$ + 34+B3 -&3$2, 3*&,%+ ,4-3?2 35*4-32 3&34",&3#-2+/ 315248'4&3 2-3-?+4 2&*&8,-B3 ,3
2&343-+*4&45 315 0- +5*420332-3IFF+A34 *&,%+ ,4-3-22 30-, +-3#*,-3-,4&*&,* *-,$-?-#*,--& ,4*C 223 ,4534?34&* *-2 3D -#*,--2& ,4*C 223 &3?,4
2& ,)3DA
52 8-31524&8&4-3!4+!+2 30-,36 *0 *--22",&6 24 ,4 302-#5,3 &,*&,3?02&,&0*+ ,4 2 *&-,3-+033$ + *&,%3 $5A
&+(-/'!+!."./!:(%)!:0%/0-%:.+(-/!18 4 2+&,,4 3,- 3 ,%-0&3$ +33 223A, 22+$2, &+0-24,&0&3$'34& & ,4'#&A
%1'!.(!%:(0(')&!8*-2&8- ,15,4-&,4 2 33 & ,4'#&-A
!&+-(+-!8,$ , 2*& 02&6('!!('%!.&(.%!.83 223-+3*6$523,-3 +* $&3*-
30 '#&C 7A 452D
%&'/(.+-(+-!/-!(8-3-,34,4 3-3342-3-32 30 4&6-3
+5,&'0&-3C,-&30-,'6 *024-4*& 2 D
B;('.-1(:%(-!3(
*. :(0 +-($/(. $ !&+%&'/(.8 2-) 4- $ --,3 26- + 02 2& ,42 +2 5,&&0* *-,$- 5* &",&3 - -24- B
2&- - 215 * -8.&- *-,$- CGMMLDA / 3 &6 233 345-? &65*$- 3 ,3&&*&8- 3-2 - 042&+.,&- $ -*.$&- 2 $&-? 33&+ -+02-+---535#254-3534 ,4-A*6$523 +3 -345&3A
.(.8452'34&-?*8 2? 30-24&6-?& ,4'#&- 0 $.$&./(('.-1(:&.8 2-3--33-*-3? 30-24-3+-4-2&8-3?6,*&3+(.."1!.!'/-1'*.0/0-.+-.-1(8/ 3 345-?&65*$- 3 ,3&&*&8-3-2 -042&+.,&-$ -*.$&-2 $&1'/0!. +-!-(. ' ./( +-.-1(8 02-02& 42&-3? ? B? ? ? A-24+02 33#&* &2#*-2 34*
-5423 &,34&45&/ 3 & ,4'#&3? 33-&/ 3 *-&3?
C;(0&'/(-!!.0%
+.<2-/(.-/(-!:(0(-/((/(&+=8
(/(.831A;2&34315248'4&3C@52 &2?A@HFFMD@&2AB#2$315248'4&3C@52 &2?A@HFGGD
D;!%!(-!
CHFFLDA 223 *-,$-A,4-02 3-2&2>+25,&&0* *-,$-A
-54-?A?-52 ,-AA?HFGG?&34.2& -*.$&-,4&*&,* *-,$-A6-*5- 22 &A,&6 23& --24-A
-52 ,-AA?-54-?A?HFGG?&$ ,3,-4 +0-A-3+2 3342&*-&4 3--52- 70*-2-0 *-32-+,-3A,&6 23& --24-A
-2 &2?AAA?HFFGA42*%- $250- + -*-$&-+*5,-3-GG9,-B5+0 230 4&6&,-6-2A+ 345-,2 *-,$-A&33 24-
02-4 ,--$25 + 342 + -*-$&02-,3&,-A-*5+ AHGK00A5* &",&3,&6 23& --24-A
*-?A? 2-3?AA?GMLMA 2,-3 -$2#&AJ00A-433-2 6&$ + 345-2 *-,$-A,&6 23& -&+2A
! ,.,!2(
' (' (,(%.(
>:
'.!!(
,;-<-./(71/#(+)#*!*'+!#*
! %(,+(,71'#'#5
.;9&&9<7IHAHJAJHIM
?:%&'.(-(%!2(
)!(7>8>8A8
-!'((%(%7'1*
('% (7/0
,/-!9'!(,/-!-7!2#/*20
/.,-,,'!-9(,,'!(75?BJMNJI6?INJHQO
--!!%!-7KIQBJ>4@*00)"*/*'1*
@:-,!(
!+(%(!7)0.2/17$1#0
,+,(1!&7
,0-,!(7
*'-*/*)-00*/#**20>/1/#7*-'*0.2/17#1*0.2*) /(4/1)104/1##0*2024/1##0> */()*2(4'
01)1-/1*-/* 2)*@*0#/*0.2/17#1*0>*/#*)1/)*05#01*0**(-'5*5#01*B!/24.2#*/B0)2(4'(#0'/!*@
.2#*0/-#*0>0.2)#-.2)02/40#)04/1)10-/ #1()14/1##0*)&2!(B0-/* //2(-#0!(//'7@
&+(,.'!+!-"-.!9(%)!9/%./,%9-+(,.!07
*'!/)/'4)#2'12/'00*#')/*(/#)"*/*'1*@#1#**(
4'*/011#*-#0!$01#**) /#*-'0/1/$01#0!*(*/ *'+!#0@-/0)14'*/12/$01#*00*#**0-/2/0*0-01/05#01)10>
1#4#00-*/1*0/##0#)4'*/#)1$ #*-!+!#**)1/#2#)*-/*)"#()1*)1)#()1*!*'*!#'*'>0)*1((2(
'*'.2-/(#10)0##'#7*#42'!**01(0'#!*0*-1/#(+)#*)12/'D!*'+!#*#*'+!#*E&2)1**0# /)10-3'#*0@
%0'!-(!%9(/(')&!70)4*'4#()1*1#4#/##0>'7/
!&+,(+,!7)!)/'#-/#4*
('!!('%!-&(-%!-7/19LH*@4#0*)9NKJO>>J80/#>)9QP
JJ(#*JHIL
%&'.(-+,(+,!.,!(7*0*)01)10*001/*0*0/0-1#4*0
(2)#$-#*0D)*#0-*)$4'-/1*1'#/E
A:('-,0(9%(,!2(
*- 9(/ +,($.(- $ !&+%&'.(-7 '#7*> /)1> */0 /.2'# #* / )4*'4)1 *)01/2* 2( )1/* )1/-/1* #(-'()1*1/#'"*0
-(-7 / )4*'4)1 '4* -/1# 0-*/1*0 * / '#4/ D0'> /--'> (#)"E> -/ '( -' )"*/ * '1* 0/ 2( '*' 2'1*/'#!#*0*/*(/#
-.(('-,0(9&-7*(
(--"0!-!'.,0'*-/./,-+,-,0(7()21)*0#) /01/212/05#01)10>5-)0* '*/0121+1*)
0'./!- +,!,(- ' -.( +,-,0(7 -/*-/#1/#*0> > B> > > @*/1* *21/0 #)01#12#,0 #)1$ #0> @*/1*> 00*#,0
'*#0>(-/00 #'#/ '*/01'
B:(/&'.(,!!-/%
+-;'1,.(-,.(,!9(/(,.((.(&+<7
(.(-7
C:!%!(,!
>@@@DIQOMEC//0'*)!*C012**(*/ *'*!#@*#(/?)#4/0#*#(/@Q?-@IBIQL@D2-'()1*0#'*0E@0
*21*/()1*@
! ,.,!2(
,&!.-!'.
>:
'.!!(
,;-<-./(7,*#&$%%"&%
! %(,+(,7,""0
.;9&&9<7=<8<>8><=?
?:%&'.(-(%!2(
)!(7>8>8B
-!'((%(%7*%%-+
('% (7*+
,/-!9'!(,/-!-7-*%-+6%**
/.,-,,'!-9(,,'!(7
%**$+%"%$%%+",%+%+*%+%-+***
--!!%!-7/7%++$%*%",%:(*%+*/%!-$,%("$%*%",%;
@:-,!(
!+(%(!7*%+%
,+,(1!&7/*/"
,0-,!(7
%**$+#*#,+$,6%+*//+$%",%*%%-+7+,+#*#,+%**+(%$#(*++'+**%$+6
#,*%+(*%-$+/*%+)-%%**#$%",%*%%+%%*%6*+-",$%*%+%(*%/%("%+#%/#$,%+,-*"%$*+*+
+0%+
&+(,.'!+!-"-.!9(%)!9/%./,%9-+(,.!07#%+"%+%$+%+*/#+#*#,+!-$,%$%*%",%(*+$,*"/$
$,(&6(*#,$%+$+"1%/-"%%+,#+"%+%(,*#&$%%"&%6%#+,)-(*%+(*%++%+*%+/%+
:"-/+;!-$,%%+*$,+(."%+7
%0'!-(!%9(/(')&!7$,*++$,%,%
!&+,(+,!7$$*"(*/%
('!!('%!-&(-%!-7+**+%#+"/-*+$%+#"+"%
+(:07,-*;
%&'.(-+,(+,!.,!(7%+%$+,$,+%++,*%+%+*+(,/%+
#-$(%+:$%+(%$/"(*,%,"*;
A:('-,0(9%(,!2(
*-9(/+,($.(-$!&+%&'.(-7777*)-$%*%",%6*)-"%#><=?
-(-7"1*
-.(('-,0(9&-7/$"+#%
(--"0!-!'.,0'*-/./,-+,-,0(7+$+"1%(*%(,*#&$%
0'./!- +,!,(- ' -.( +,-,0(7 (*%(*,*%+6 6 96 6 6 7%*,% %-,*+ $+,,-'+ $,+6 ++%'+ "%+6
#(*++"*"%*+,"
B:(/&'.(,!!-/%
+-;'1,.(-,.(,!9(/(,.((.(&+<7
(.(-7
C8!%!(,!
"!-/-"3)
3" ).'"(-".
(/"'*(");)0-)
?;
(/"")
-<.=./0)831$*-+$,",)-"$,
"!&)-,)-83)$)$8
/<:'':=8LKDKMDMKLP
@;&'(/).)&"3)
*" )8?9?9D9?9
." ())&)&8
)(&!)8
,+,*112
- 0.":(")- 0.".8,6),A"4$1,42
0/-.--(".: )--(")8
..""&".8
A;.-")
",)&) "8412,2*$+1$2
-,-)2"'8
-1.-")82'9$",241,E+3$*,+%!1,2231"$,23,$+21$,2+$841,E+3$*,+%!1),+",E
,+,*1C
2,,11 +$2/,*21B
F+3$*-+$,,41,,3$/,!$),+$+2@23,(71(2*2222$)$$!$2**322$*+3,2/),9-$,2@!3,2/,1$2)#*+3,2@11*+3,2,4
2)$"*+3,231$,2@8/),1,2+2,+22.2B$+2++;LGMLPRH@$+2++C;MGMLPSH@$$1,11GLQSH@4"1,+3$+#
GLRMH@/GMLPNH@)3,,1$,GLKKH@,4,GLSQH@+3,GMKQH@23),GLTOTH@$+#$1$+#,2GMLPOH@$+2)3,,23),+;NGMLQLH@$+2
,+3)3,GMPH$+2,+3)3,+C;MGMLPPH
F+3$*-+$,,41,,3$/,!$),+$+223,(71(2**322$*+3,21*1$,2D,4*1$,2@8/),1,2+2,+22.2B16)#)GMKOH@
242GMKPH@$$1GMKTH@
,))GMLPTH@,11)#)GMLQKH@$+2,+3)3,+;NGMLPQH@4"1$),6GNLNH
',)-/(",". #./":)&* ":0&/0-&:.,)-/"18
&1(".)"&:)0)(*'"8104,+23$34$,+22.2/142,/1,2/,8/),1,23*3)@*1+,23*,,24
$*/,13+$*31*,22,$$2,+-*$,2+,2-+%6)),),*,+$,+)C
"',-),-"8+"+1)$/1$6,
)("")(&".').& ".813;OL,C6$2,+;QNMR@@M:21$@+;TS
MM*$,MKLO
&'(/).,-),-"/-")8,2,+23+32,2231,2,212/3$6,2
*4+$%/$,2G+,$2/,+%6)/13,3)$1H
B;)(.-1):&)-"3)
+.:)0,-)%/).%"',&'(/).8CCC*+43+,1"$23,2#$23-1$,2@*/122!$)$1!),123)
.).8
./))(.-1):'.86+34$2$*/328/),1,
)..#1"."(/-1(+.0/0-.,-.-1)82+2$$)$9,
1(/0".,-"-).( ./),-.-1)8@E@@@C,13,,4312$+23$34$.2$+3%!$2@22,$.2),$2
C;)0'(/)-"".0&
,.<(2-/).-/) -":)0)-/))/)',=8
)/).8
D;"&") -"
G2DHE$+2,+$2+,,+3$++32",23,LSNQ9*1,LTQMCM:C$2,C131$23,
+5231$@$1,
1)$+216$,2
,)-"$,2
#33/BDD",/,13)C)+"C/3D",/,13)D",D2D2$,1*$+/D
"!-/-"3)
3" ).'"(-".)0-)
?;
(/"")
-<.=./0)897*031*2($2/3(*!2
"!&)-,)-89/*
%/*>
/<:'':=8UTMTVMVTUY
@;&'(/).)&"3)
*" )8?9?9D9?9
." ())&)&81-8
)(&!)821#207$7$#$8
- 0.":(")- 0.".8$/7$8J2 7$*7
0/-.--(".: )--(")81-8
..""&".8579*7#$1920 527!0*1)28'/27$89*8
A;.-")
",)&) "8$!:7828*1$7*8
-,-)2"'8
-1.-")8@*(2:7+'$72#81-8$89*18$7*#212*897*92*1$*72:7*!2N$*72I7$<$/1#2N8$:0#280*8*0527919$8577$(*2I
57$8$191#297 /)28#$$>5/27"2I5$/20$128I#$8#$29$052#28720128L82!277&1!*8#$2:72829*52'*/21*18P$0<$*2#$6:79@2!20
8:/':7$928*19$7$8979*'*!#28Q$$8979*'270$8P882!*#288!0#81$(78QI$892($7/0$19$882!*#88/9$711!*8#$6:79@*928$>*8928#2
7$1*(*12I12'/1!227*$19/#219*!/*1/#$/21(2$572<<$/0$19$'$9#85$/@21#$!*8/)0$192#$19:89PUMWQL2:722!277$12
$89#2/*<7$2:82 '270#$$/$97:0L89$-@*(2!219$05/8!21!$884$8#22:92*1$*72#81-8I#$8*(1#0$19$K/$#27"/PU\[QI* $*72#
891)$*7PU]ZQI/$
:1#2PVUVQI$77#$219$@$/2PVWWQI$77#2
!)2PVXXQI7($0#528PVX\Q$2"22012PVT]XQL7/%0#$
0*1$7/*@"4$8#$2:722!277$090 %00*1$7/*@"4$8#$!):0 2I19*031*2$579L
:972-@*(2:7+'$72*0527919$7$'$7*7%2#$89720*/N$77#:*19P$1(/2 8!21!$884$81LBVT]UN2<8#$89720*/$VT]VN$77#:*19Q
/2!/*@#212/*0*9$#2'/1!2$89$#219*!/*1/#$/21(2I57$8$191#290 %0I97 /)28#$$>5/27"2$57285$"2I5$/20$128I#$8#$29$052#28
7201289%9:/*##$L82!277&1!*8#$2:7282#*88$0*1#8$072!)8)285$#$*78$'*/21*18I$0@21#$!*8/)0$1926:$'$92(71*92I6:$
8:7($82 '270#$088*77$(:/7$8*/*!*'*!#2I0:*98<$@$8 7$!)*'*!#2$M2:/9$7#2J/2!/0$19$I2!277$0'*/4$82:892!.=$7.8#$6:79@26:$
90 %0 71($028>*892805$/*92828$(7'*92828#2*/;7*!2L0*1$7/*@"2%97#*NWL
',)-/(",". #./":)&* ":0&/0-&:.,)-/"18/2!/!20(71#$7$/$<1!*5*8(+89*!I$!2/3(*!$!:/9:7/
&1(".)"&:)0)(*'"880*18#81-8I57/%0#$>5/27"2$09$052819*(28'2*90 %0/<2#$$>5/27"2$57285$"2#$8#$28
'*1*8#28%!:/29%9:/*##$I07!1#2#$89$02#28:*052791!*$09$702882!**8$$!2130*!2812831*<$//2!/!2021!*21/L
"',-),-"81($1$7/*##$57*<#2
)("")(&".').& ".879BXU#2L<*821BZWV[IIVA8%7*$I1B]\
#$VV#$0*2#$VTUX
&'(/).,-),-"/-")8##28!218919$8#28!#89728#287$85$9*<28
0:1*!+5*28P12#*8521+<$/57929/*##$#7$Q
B;)(.-1):&)-"3)
+.:)0,-)%/).%"',&'(/).8
.).8
./))(.-1):'.8$<$19:*8*05!9$8#$$>5/27"2
)..#1"."(/-1(+.0/0-.,-.-1)8$89:#2I#$/*0*9"2I8/<(:7#
1(/0". ,-"-). ( ./) ,-.-1)8 57257*$97*28I I NI I I L2792 $ 2:978 *189*9:*"4$8 !*$19+'*!8I 882!*"4$8 /2!*8I
$057$88'*/$*7'/27$89/
C;)0'(/)-"".0&
,.<(2-/).-/) -":)0)-/))/)',=8
)/).8
D;"&") -"
ILPU]]WQO80*1$7/*@"4$8#$ N:#7$(*2:7*!2N$*7L2792K
!:/##$*&1!*8#1*<$78*##$2792LV<2/8I5LZT[L$8$#$
2:9270$192
*7$"2$7/#$$2/2(*$*18N72!$8821LBX\N2:92*1$*72#81-8
*7$"2$7/#$$2/2(*$*18N72!$8821LBU\[N/$#27"/
*7$"2$7/#$$2/2(*$*18N72!$8821LBU]ZN* $*72#891)$*7
*7$"2$7/#$$2/2(*$*18N72!$8821LBVUVN/$
:1#2
*7$"2$7/#$$2/2(*$*18N72!$8821LBVT]XN2"22012
*7$"2$7/#$$2/2(*$*18N72!$8821LBVT]UN2<8#$89720*/
*7$"2$7/#$$2/2(*$*18N72!$8821LBVT]VN$77#:*19
ILLLIU]W\O$/937*2#$UT#$
$<$7$*72#$U]W\L72!$882VT]XP2"22012Q#276:*<2#$579*"2#$*18L
P8M#QN*18!21!$#*#812!219*1$19$#$8#$(2892#$U\WZ$@$0 72#$U]ZVLVA$#L*8 2L$!7$97*#$89#2#
1#;897*I*7$!"2$7/#$*18$$7<*"28$2/3(*!28
ILI9)$/*1$:ILI2*721ILI)$5)$7#ILI#$1ILPVTTUQO2/$2'9)$5/*9*!(09*801#N7*!)2!.8*19)$89720*/2/#$528*9
P279)279:(/QL:725$1:77$19$8$7!)219)$
/:*#1!/:8*218I2792L5LXXWNXXZL
ILIILIILLI
ILIILLIILPVTTWQO
/:*#N72!.*19$7!9*2181#9)$72/$2'/9$$7!?1*1
5/*9$*197:8*21*19)$($1$8*82'9)$89720*/(2/##$528*9I1279)$71279:(/L)$0*!/$2/2(?IU]XI5LVTUNVVXL
)995KMM($25279/L/1$(L59M($25279/M$($2M #8M8*270*15M
"!-/-"3)
3" ).(/"'*(")
?;
(/"")
-<.=./0)853&,/-&.$ .+/$&.
"!&)-,)-85+&!+&9
/<:'':=8NMFMOFOMNR
@;&'(/).)&"3)
*" )8?9?9D9?9
." ())&)&8
)(&!)83 4 +.-$.
- 0.":(")- 0.".8$6&3 .64B 3 &B.3 &3C,1. .3.
0/-.--(".: )--(")8
..""&".8
A;.-")
",)&) "8 634.4&- 3&4
-,-)2"'8
-1.-")8.33"-&4 -5&,/-&..5&1.#&+.-&-4B ,45.*8 3*4 ,4444&+&&#&4 ,, 544 &, -5.4E,&- 3+&:...33 -.3,+, -5 4.#.3, -5&,.-&5 I 45&&-JE45 4):&$.4#.3, 91+.3.4B 4 .4#&-&4.4!6+.5!! UM.4!6+.B-4
.- 440 4,&- &34 33 &46+IOPRG7 44BOPVG.45.+ ..65.BOQNG&4.BORSG-)BQPMG -$J ,2635:&5.4,&.4 +5 3--&4 2635:&5.4 9&45.4.3 -&$&-. 9&45.4.- &+&-.G-7&3-&-.C.- 440 4NOPG +% &3 NOQG 4B ,9&45. $36726 4.
3 ,3&. F.6,3&.C.- 44.NSOG.6 +% , ,9&45. $36726 4.3 ,3&. F.6,3&.E
',)-/(",". #./":)&* ":0&/0-&:.,)-/"183 + 7-&& -5'#&B6+563+
&1(".)"&:)0)(*'"83 26 .-45&56&.- 440 41364. 13.41 . 91+.3. -5&,/-&.B,3-. 45 ,..46
&,1.35-& ,5 3,.44.&&4 .-/,&.4-.4/-'7 ++.+.,.-&.-+E
"',-),-"8-$ - 3+& 13&7.
)("")(&".').& ".835<QN.E7&4.-<SPOTBBO;4!3& B-<VU
OO ,&. OMNQ
&'(/).,-),-"/-")8.4.-45-5 4.4453.4.43 41 5&7.4
,6-&'1&.4I-.&41.-'7 +135.5+& 3 J
B;)(.-1):&)-"3)
+.:)0,-)%/).%"',&'(/).8
.).8
./))(.-1):'.8 7 -56&4&,15 4 91+.3.
)..#1"."(/-1(+.0/0-.,-.-1)84 -4&&+&:.
1(/0". ,-"-). ( ./) ,-.-1)8 13.13& 53&.4B B GB B B E.35.
,13 44#&+ &3#+.3 45+
.6534 &-45&56&0 4 & -5'#&4B 44.&0 4 +.&4B
C;)0'(/)-"".0&
,.<(2-/).-/) -":)0)-/))/)',=8
)/).8
D;"&") -"
B
EINVVPJH4,&- 3+&:0 4 G63 $&.63&.G &3E.35.D6+ &"-&4-&7 34& .35.EO7.+4B1ESMTE 4 &3 . 3+ .+.$& &-4G3. 44.-E<OPRG7 44
&3 . 3+ .+.$& &-4G3. 44.-E<OPVG.45.+ ..65.
&3 . 3+ .+.$& &-4G3. 44.-E<OQNG&4.
&3 . 3+ .+.$& &-4G3. 44.-E<ORSG-)
&3 . 3+ .+.$& &-4G3. 44.-E<QPMG -$
&3 . 3+ .+.$& &-4G3. 44.-E<NOPG +% &3
&3 . 3+ .+.$& &-4G3. 44.-E<NOQG 4
&3 . 3+ .+.$& &-4G3. 44.-E<NSOG.6 +%
%551DFF$ .1.35+E+- $E15F$ .1.35+F $ .F4F4&.3,&-1F
"!-/-"3)
3" )'"(-&!0')
?;
(/"")
-<.=./0)842%+.,%-# -*.#%"!&)-,)-84*%!*%9
/<:'':=8LKEKMEMKLP
@;&'(/).)&"3)
*" )8?9?9D9?9
." ())&)&8,4-+
)(&!)82 3
- 0.":(")- 0.".8-2 %2
0/-.--(".: )--(")8
..""&".8
A;.-")
",)&) "8 523-3+%, 2%3
-,-)2"'8
-1.-")8:%#- $5+-B5(-02%,%0*+%,!2%-!#* ,D$5+---22 +"%*/ 3 34-)8 2)3B,-3+ 433 %+ ,4-3-2-7&%-,-"*-
-2% ,4*-,4%*%,* *-,#-D34 (:%#-"-% 90*-2-,-, 33-MNLF* %-#- 3 "%,%3-3!5*-
4!! RK-3!5*-
',)-/(",". #./":)&* ":0&/0-&:.,)-/"182 * 7,%% ,4&"%B5*452*
&1(".)"&:)0)(*'"82 15 -,34%45%5+-, 33-0253- 02-30 - 90*-2- $5+-B+2,- 34 +--35
%+0-24,% +4 2+-33-%%3 -,.+%-3,-3.,%7 **-*-+-,%-,*D
"',-),-"8,# , 2*% 02%7)("")(&".').& ".824<OL-D7%3-,<QNMRBBM;3!2% B,<TS
MM +%- MKLO
&'(/).,-),-"/-")8-3-,34,4 3-3342-3-32 30 4%7-3
+5,%&0%-3G,-%30-,&7 *024-4*% 2 H
B;)(.-1):&)-"3)
+.:)0,-)%/).%"',&'(/).8
.).8
./))(.-1):'.8 7 ,45%3%+04 3 90*-2)..#1"."(/-1(+.0/0-.,-.-1)83 ,3%%*%:1(/0". ,-"-). ( ./) ,-.-1)8 02-02% 42%-3B B FB B B D-24+02 33"%* %2"*-2 34*
-5423 %,34%45%/ 3 % ,4&"%3B 33-%/ 3 *-%3B
C;)0'(/)-"".0&
,.<(2-/).-/) -":)0)-/))/)',=8
)/).8
D;"&") -"
%2 - 2* -*-#% %,3F2- 33-,D<MNLF* %-#
G3EHF%,3-, %3,--,4%, ,4 3 #-34- LSNQ : +2- LTQMDM; D%3-D 2 42% 34-
,6342%B%2 - 2* %,3 27%-3 -*.#%-3
$440CEE# -0-24*D*, #D04E# -0-24*E # -E3E3%-2+%,0E
! ,.,!2(
(,,'!-&!',!-
;/,-(-&!',!-&.%!(-<
>:
'.!!(
,;-<-./(720%*-+%, ,)-#%,
! %(,+(,7,1 11
.;9&&9<7DC=DD=ECDH
?:%&'.(-(%!2(
)!(7>8>8C8>8
-!'((%(%7,00!+%1%+ 0%1
('% (7,+,*0:0 1 ),+#,
,/-!9'!(,/-!-7%4 01,1
/.,-,,'!-9(,,'!(7% %0,,,0%,= 1>,+,*0>>EGGHCDHHGHC?3@
+(1 )0 1 ,0 %0>0 1 ,+,*0>>EECCCDHKCHC?3@
00 %1 ,3 >+2
312:; 0,1,4 */,>>ELCHCDIHHHC?3@
%+$)=) $1 % %0,#0 %(>),+#,; 0,,4 ,0,>>FCLCCDIKLHC?3@
,+2)2,:,4!),>,+,*0>>EKJCCDICCHC?3@
04)$):131:% %0:,) ) ,00)$)>,4!),>>EJJHCDHKICC?3@
% %0, 00:3#0,+2%+$ /> 1>>EIDCCDHIJCC?3@
,3,: +2,:12 ),:%+$ %0%+$,1 ,0#,>,4!), 1>>EIGCCDHIEHC?3@
+ )>,4 ),>>EJFHCDICKHC?3@
3#0 %),4> 1>EIHHCDHHDCC?3@
)2, ,0%,> 1= )0 1>EHECCDHHKCC?3@
,%0, ,%>; 0,?@
,0*%#> 1>>EGKHCDHEHCC?@
,32,%+ %0, ; 0,,4>; 0,,4:,4!), )0 1>>EKKCCDIDECC
%0,+&" 0,,30,>; 0,,4:,4!),<;,+,*0 12 ), %4>>EDGCCDHEICC
,00!+%%+ 0)>+#+!1>>FDICCDHJGCC?+@
--!!%!-740%4 )
@:-,!(
!+(%(!7 ,),#%:%+ 0),#% 20,),#%
,+,(1!&740%4 )
,0-,!(7,00!+%1*%+ 0%1
&+(,.'!+!-"-.!9(%)!9/%./,%9-+(,.!070 ) 4+%% +2&"%
%0'!-(!%9(/(')&!7 4 +23)0 ) 4+% ,+-*%
!&+,(+,!7+# + 0)% /0%4,
('!!('%!-&(-%!-7,+ 11. 1*%+ %0120%3%1/0 5/),0,
%&'.(-+,(+,!.,!(7,1,+12+2 1,1120,1,10 1/ 2%4,1*3+%&/%,1?+,
%1/,+&4 )/02,2)% 0 @
A:('-,0(9%(,!2(
*-9(/+,($.(-$!&+%&'.(-7
-(-7
-.(('-,0(9&-7 4 +23%1%*/2 1 5/),0,
(--"0!-!'.,0'*-/./,-+,-,0(71 +1%%)%6,
0'./!-+,!,(-'-.(+,-,0(7/0,/0% 20%,1:::>:::;,02, ,3201%+12%23%. 1% +2&"%1:11,%. 1),%1: */0 11"%) %0"),0 12)
B:(/&'.(,!!-/%
+-;'1,.(-,.(,!9(/(,.((.(&+<7
(.(-7
C:!%!(,!
>,3* +2,%4 01
"!-/-"3)
3" ).'"(-".-1);(/-"/
?;
(/"")
-<.=./0)820#),*#++(,!#+
"!&)-,)-8+111
/<:'':=8EF?FE?GEFJ
@;&'(/).)&"3)
*" )8?9?9D9@9
." ())&)&8
7#!+1#*0#1
)(&!)8+*+)0
- 0.":(")- 0.".8+0++5*701
0/-.--(".: )--(")8+32+#*#0+>0++5A+*+)0
..""&".8>0++5
A;.-")
",)&) "8+(+!#;#*0(+!#;20+(+!#;(+*2+(+!#0/3+(+!#
-,-)2"'8
-1.-")81.2+1+(,!#+1+
7#!+
#.+1+00*#1=
B+00*#105+A*20#2A(+7,#+
10#+=)>0++5;*3)62*1+FK').+0FEHHE)(0!30;++00)I13A#10+*$ 01 21.+05(!)*2+<+*")A1J)105+;
1+*2$*31+)E;FE;J)1.1130>
#*0(#7-10#*#.#1=*20#2
+0 +(+!#1=1202# +0)
+"1*#6*21=+*!(+)0+1;01;#12+1
+(+!#+(=02+#*(#*(0+*$ 0++33(+0+*$ 0+++30++*++00)0+"1+)0#+?+).(6+#12+A!035/3#+;+0+5$#+C0)+#*+;0*#!#*+;
*#(#*+;*5#0*#*+(+#*+D;+#(40#+;+5,*#++0,*#+;#1.+121)12032301")#1#*(#*#1>#+1*$5#10+*$ 0+112 *#*+#* 0#+0>
+(+!#!#+*(=)0#+>0+5$#+>#(40#+>5,*#+A0,*#+>0*#2+11#*A22,*#+10(2#5)*2H>
',)-/(",". #./":)&* ":0&/0-&:.,)-/"1805+A+)312$5( ,11#(;.0+3+*0!#< ,11#1
&1(".)"&:)0)(*'"80(5*#1+#(5*23()*2+*,)#
"',-),-"8*!*0(#.0#5+
)("")(&".').& ".8+*11-1#*#0120#3$1.06.(+0+
&'(/).,-),-"/-")8+1+*12*21+1120+1+101.2#5+1)3*#$.#+1C*+
#1.+*$5(.02+2(#0D
B;)(.-1):&)-"3)
+.:)0,-)%/).%"',&'(/).8#53(!@+1*1##(#7@+2051+313#*#0+>0++5
.).8
./))(.-1):'.85*23#1#).216.(+0+
)..#1"."(/-1(+.0/0-.,-.-1)8+(,!#;#*0(,!#0/3+(,!#
1+1)#1+)3*111312*#1=30+A
+("0#;.0+)+*20#+;+&2+1+0*+;+*32+011.##1<*2#),*#+A+(1;(#!1#6+.+*2+ 31+;.#0+2*#
1(/0".,-"-).( ./),-.-1)8.0+.0#20#+1;;;A;;;>+02++3201#*12#23#-1#*2$ #1;11+#-1(+#1;).011 #(#0 (+012(
C;)0'(/)-"".0&
,.<(2-/).-/) -":)0)-/))/)',=8
)/).8
D;"&") -"
A+3)*2+#501
"!-/-"3)
)--("'"(-&-1)
<0-.).'"(-".(- /").=
?;
(/"")
-<.=./0)8,* $'% &&#' &
"!&)-,)-8&+++
/<:'':=8=6=<6><=?
@;&'(/).)&"3)
*" )8?9?9D9@9
." ())&)&8
)(&!)8)()'-
- 0.":(")- 0.".85*&&.4&.#&#*+
0/-.--(".: )--(")87>AA<<=@=><<
..""&".8
A;.-")
",)&) "8&**% $ %*#
-,-)2"'8
-1.-")8&&**% $ %*#*-*+&%&$,# &%*, &4%&$$%,*.&5
',)-/(",". #./":)&* ":0&/0-&:.,)-/"18 %,! &1(".)"&:)0)(*'"8.%,-# %,*++&%'$ &
"',-),-"8&%++(+ % *+,* -!+)*/)#&*&
)("")(&".').& ".8
&'(/).,-),-"/-")8&+&%+,%,+&++,*&+&+*+), .&+
$-% !) &+8%& +)&%!.#)*,&,# *9
B;)(.-1):&)-"3)
+.:)0,-)%/).%"',&'(/).8
.).8
./))(.-1):'.8.%,- + $),+/)#&*&
)..#1"."(/-1(+.0/0-.)(.-1)8+%+ # 0&
1(/0". ,-"-). ( ./) ,-.-1)8 )*&)* ,* &+4 4 4 74 4 4 5&*,& &-,*+ %+, ,- (+ %,! +4 ++& (+ #& +4
$)*++ # *#&*+,#
C;)0'(/)-"".0&
,.<(2-/).-/) -":)0)-/))/)',=8
)/).8
D;"&") -"
&-$%,& .*+
! ,.,!2(
/,-(-&!',!-'(&.%!(-:,)-!
>:
'.!!(
,;-<-./(731%*-+%,#,)-#%,
! %(,+(,7
%2)13%+2
.;9&&9<7NRDMLDNLMP
?:%&'.(-(%!2(
)!(7>8>8C8@
-!'((%(%74+31)2%+$2?*/,?),+#,
('% (7),+#,
,/-!9'!(,/-!-7),+#,C*/,,1,
/.,-,,'!-9(,,'!(73%34OMIMLGMLBRH@,+#%34SINSGLQBRH?+6,)6+3
--!!%!-761%6)?6%1%"11,6%1%
@:-,!(
!+(%(!7%+2
,+,(1!&7UMLL$
,0-,!(7/2121*4++32,2"),1*+3,28%23,21,2&"1,2*,134#)?",%+1#%,),+#,04248/),1,3%+#%4*%,12%#+%"%,B2*%2
%*/,13+328/),1.2),4222%34*D2+231#%,?2+,21-2%2831&2,28%23,2,1,6&%,2,+%)%+,?+,")+,23,+3%)%+)),+#,B
"),1*+3,1,2&"1,),+#,"9/13?(4+3*+3,*,4312",1*.2?4*+3%)%+)1,%,?,*")+,,%+3)%+613%,4(,+5), ,4/,/)21,$2,
,*/)8,8%23,D#14604%,B1-2%C),42 4*1,$*3*-1"%4**3 1%D/1%*+,1?31%%,+)?,*3 +%2/,3+%)%2/)23%2*4%3,22&6%2B
1-2%),+#, ,+$%/)2131&23%22/&"%21#%,,+22%34E),+#,D,41,%3,1)F/)%#,)-#%2242/1%12B
"%+%,*,1,$04"+*/04+2",)$2?,),+#,4*/)+,)%6#*124)3+34*")48,8%23,2%?,1%#%+,/,14*#14%8,,4*4%3,%8,
*3*,1"%2*,6%,,*/122,33-+%B,,1%#%+1%21,$22%*+3121#%),22/13+*/31,#1"%*+34*)2204/1%+%/%+"1,+3%1+31
",1*.22%*+312*3*-1"%231*%++2",1*.2"%)%3/%9,+)D*3*-1"%2B2*%+21-2%),)%9*D2(4+3,)%+$*%+$,DD"11,+2*1#+2
,1%,11%1B23,%2/,2322#4+,4*)%+$*+3,D?+,141)%*%3211+3423B
&+(,.'!+!-"-.!9(%)!9/%./,%9-+(,.!0731%*-+%,+341)2%+#4)1%/4)%1+/%2#*B
%0'!-(!%9(/(')&!76),1%9,+04+3,%+3122%+3&"%,?341&23%,,+-*%,B
!&+,(+,!7/1%6,
('!!('%!-&(-%!-7)#%2),2/&"%
%&'.(-+,(+,!.,!(7,2,+23+32,2231,2,212/3%6,2*4+%&/%,2
E+,%2/,+&6)/13,3)%1F
A:('-,0(9%(,!2(
*- 9(/ +,($.(- $ !&+%&'.(-7 .2 %64)#, 2+2%%)%9, 2,1 , /31%*-+%, #,)-#%, 1#%,B 1,(3, #,,+216, * /11% +31 *1
4+%%/) ),+#, 4) %!+%2 , ,13, D 1%, , 104 ),9-%, ),+#,B .2 234,? %64)#, 2+2%%)%9, 2,1 , /31%*-+%, #,)-#%, 1#%,B 2 12 ,+22%,+2 3%62 23, %1%,+2 /1 , /1,6%3*+3, ,+-*%, *3 1% /1%*? *2 /1,*,6* 24 %64)#, (4+3, , /5)%,B %*%32 2
12,+22,8/),1,B
-(-7 ) * , ",13 /,3+%) %+4231%)? 61%,2 132,2 * ),+#, *+3!* 31%, "91 /2 * 1-2%B ) * 2 ),422 2,)12? 04 "9* /13 , %*#%+1%, ,
/22,? 1)%9* 3* * ,431,2 13%#,2? ,*, /,13D$62? 34)%1,2 ,4 %+9%1,2B ) * , %+3122 /13%, + 43%)%9, 1-2%? 23 16) #1+ %+3122 %+3&"%, +,
,+383,#,)-#%,*042%+21B
-.(('-,0(9&-7!&+.-.!0!1+%(,(
(--"0!- !'.,0'*- /./,- +,-,0(7 .2 %64)#, 2+2%%)%9, 2,1 , /31%*-+%, #,)-#%, 1#%,? ",, + 43%)%9, *%2 +,1 ,2 1412,2 /1
6%31 24 )/%,@ 234,2 1,+$%*+3, #,)-#%,? /1,2/, *)$,1 6)%, , 1412,? /1 *)$,1 /1,3#1 *%3%#1 ,2 %*/32 +#3%6,2 #1)*+3
22,%,28/),1,231412,*%+1)B
0'./!-+,!,(-'-.(+,-,0(7/1,/1%31%,2?
??D???B,13,,4312%+23%34%.2%+3&"%2?B,13,?22,%.2),%2
B:(/&'.(,!!-/%
+-;1,.(-,.(,!9(/(,.((.(&+<7
(.(-720BD6%!+%28%23,C1-2%+2112E41%1?B?NLMOF
%1BD2,),42+,+2314,E777B*D6),+#,B/3@NLMMF
C:!%!(,!
??NLLT?104231,/,)%3+,2+
1+131,/,)%3+,,13,B)3-1%,%+)
?*,2?BBB@412,2%+1%2,,13,134#)B
*14+%%/)),+#,?MTTR?*%+1,+,,+)$,),+#,A41,,42
"!-/-"4)
/0-
@<
(/"")
-=.>./0)942&+.,&-&-*.$&"!&)-,)-915 *&4 2-
/1&/"'/0&"4)=;'';>9LMFLLFMKLP
A<&'(/).)&"4)
*" )9@:A:@
." ())&)&9 223 4534A&3A34&*
)(&!).9-,-+2A2 3 *-,$-
- 0.";(")- 0.".9,9 2 3 - 2--7B-7 *- -9
--53B 3 *2 3B$5&2 -53A-2 &2B*-,$-A+0- -2-
0/-.--(".; )--(")9-'4&- +0-24,&-+5,&42&I*-,$-I2,$ 33 223 4534A&3 34&*D
..""&".9&7 23-3 33-33 223A,-342"3+5,&'0&-3
B<.-")
",)&) "92 *33&#&
-,-)3"'9MPPN% 42 3
-2.-")9'4&- +0-24,&-+5,&42&&,3 2&-,2 $&-&-$ -$2#&4*,4&A*33&#&--+-4*0 * &3--+&33- Q 9 +2- MKKOD02 3 ,4&7 23-3%&443,452&3 3 +&F,452&3-,34,4 3-, 8-F-,D:OSEMKKPA33&+-+- 30!& 3 #*-2 #5,
-,34,4 3-3, 8-3FA D#&%-'4&-02 3 ,45+24 2&9-A33&+-+--3%&443 30!& 315 34&7 2+35) ,4 3
*33&#&-A0 *-15 3 , 8D
',)-/(",". #./";)&* ";0&/0-&;.,)-/"29 30 &*2 * 7,& -*.$&D
&2(".)"&;)0)(*'"97*-2&9-2 ,15,4-2 #6$&- &-&7 23& D
"',-),-"9,$ , 2*& !02&7
)("")(&".').& ".9OSEMKKPAMO# 7 2 &2-G 452MKKKH
&'(/).,-),-"/-").9-3-,34,4 3,-3342-3-32 30 4&7-3
+5,&'0&-3G,-&30-,'7 *024-4*& 2 H
C<)(.-2);&)-"4)
+.;)0,-)%/).%"',&'(/).9 2 # 2&242,30-3&--*,- 4-2&* 45202-3D -22 +2 $5*2+ ,4 &,&&4&7315 -,42&5 +02-,3 27--3%&443 30!& 302 3 ,4 3A,-+ + ,4 --,42-*- 0*,43&,73-23 02-+--#*-2 3454.4-, A
2 15*&#&- *&,%3 $5A&75*$- 3 ,3&&*&9-A 4D*& ,4F3 - 345-I
I -302-) 4-3I-,3 27- O 30!& 3223I
G#&,,&-0 *-2-$2+&# 452 9H I 15*&#&-&3$'34&32$ ,3-&-&+-IG#&,,&-0 *-2-$2+DMDHD
.).9 F 3-*- 252* G$2, 2 02 3 ,44&7& #*-2 34 -,3 27-HD 4&*&9- -,.+& 45* F , $ , 2*&
0 *0-05*-F*9 2A 30-24-
80*-2- #*-2 34*D 4&*&9-
./))(.-2);'.9-3%&443 30!& 3 +15 34-3- 30 &*+ ,4 # 4-30 *+-,-5*452 5*&04- 80,3- 30!& 3
&,73-23D
)..#2"."(/-2(+.0/0-.,-.-2)93-,34,4 3,-*,- 4-2&* 452 302-0-343-3 345-3 *-2-3D , 2&+ ,4 A
02 3 27- 80,3--3%&443A4+!+02-0'&-02 3 ,3 30!& 33*7$523A&,2 + ,4-&75*$- 3 ,3&&*&9-A#&3*&9-D
2(/0". ,-"-). ( ./) ,-.-2)9 02-02& 42&-3A A FA A A D-24*-&3A +02 33#&* &2#*-2 34*
-5423 &,34&45&/ 3 & ,4'#&3A D-24-A 33-&/ 3
D<)0'(/)-"".0&
,.=(3-/).-/) -";)0)-/))/)',>9&+&4 452G#-,4 CH
)/).97&34$ 2*G#-4-C)--+-54&,%-H
E<"&") -"
-,3 27- O 30!& 3223D+25,&&0* *-,$-AMKKO
345-I #&,&- + 4--*-$&027*-2&9- $ 34- &3%&2-$2#&3 3'4&-3 &,4 2 33 ,452* +4 22&4.2&-3252&3IA02-+-7&-0 * 2F
-53 *,- 4-2&* 452
223 *-,$-F,4-02 3-2&2@+25,&&0* *-,$-AMKKR
&7 23-342*%-3& ,4'#&-3&30-,'7 &302-,35*4,- ,42- ,4 202 4-+& ,4*
SÍTIO
VALONGO
CÓDIGO
PTCON0024
DATA E DIPLOMA DE CLASSIFICAÇÃO
Resolução do Conselho de Ministros n.º 142/97 de 28 de Agosto
Classificado como SIC pela Decisão da Comissão de 7 de Dezembro de 2004
que adopta, nos termos da Directiva 92/43/CEE do Conselho, a lista dos Sítios de
Importância Comunitária da região biogeográfica atlântica
ÁREA
2 553 ha
CÓDIGOS NUT
PT114 - Grande Porto - 50 %
PT115 - Tâmega - 50 %
CONCELHOS ENVOLVIDOS
ÁREA (ha)
% DO CONCELHO
CLASSIFICADO
% DO SÍTIO NO
CONCELHO
649
5%
26 %
Paredes
1080
7%
42 %
Valongo
824
11 %
32 %
CONCELHO
Gondomar
REGIÃO BIOGEOGRÁFICA
Atlântica
RELAÇÕES COM OUTRAS ÁREAS CLASSIFICADAS DE ÂMBITO NACIONAL
RELAÇÕES COM ÁREAS CLASSIFICADAS DE ÂMBITO INTERNACIONAL
CARACTERIZAÇÃO
O Sítio possui um relevo acidentado, com vales encaixados e encostas íngremes,
mercê dos acidentes orográficos que são as serras de S.ta Justa e Pias, separadas
entre si pelo vale do rio Ferreira, afluente do rio Sousa, o qual por sua vez delimita
o Sítio a Sul.
Caracteriza-se por um substrato predominantemente xistoso e pela presença de
um complexo sistema de fojos e minas (8310), e pequenas nascentes e linhas de
água, que permitem a manutenção de condições excepcionais para a
ocorrência de flora e herpetofauna associadas a ambientes húmidos.
1
As condições microclimáticas nos fojos proporcionam uma importante área de
refúgio à flora de características higrófilas, restringindo-se a este Sítio os únicos
locais em Portugal continental onde podem ser observados os fetos reliquiais
Culcita macrocarpa e Trichomanes speciosum, espécies de distribuição restrita,
sob elevado grau de ameaça. No Sítio ocorre ainda o Narcissus cyclamineus, um
endemismo ibérico raro e em perigo de extinção.
O Sítio é ainda o único local de ocorrência de Lycopodium cernuum em toda a
Europa Continental.
É um dos sítios mais importantes para a população de salamandra-lusitânica
(Chioglossa lusitanica), incluindo vários locais de reprodução confirmados para
esta espécie endémica da Península Ibérica.
Habitats naturais e semi-naturais constantes do anexo B-I do Dec. Lei n.º 49/2005
3260
Cursos de água dos pisos basal a montano com vegetação da Ranunculion fluitantis e
da Callitricho-Batrachion
4020*
Charnecas húmidas atlânticas temperadas de Erica ciliaris e Erica tetralix
4030
Charnecas secas europeias
8220
Vertentes rochosas siliciosas com vegetação casmofítica
8230
Rochas siliciosas com vegetação pioneira da Sedo-Scleranthion ou da Sedo albiVeronicion dillenii
8310
Grutas não exploradas pelo turismo
91E0*
Florestas aluviais de Alnus glutinosa e Fraxinus excelsior (Alno-Padion, Alnion incanae,
Salicion albae)
9230
Carvalhais galaico-portugueses de Quercus robur e Quercus pyrenaica
A negrito: habitats prioritários
Espécies da Flora constantes do anexo B-II do Dec. Lei n.º 49/2005 de 24/02
CÓDIGO ESPÉCIE
ESPÉCIE
ANEXOS
1420
Culcita macrocarpa
II, IV
1862
Narcissus cyclamineus
II, IV
1421
Trichomanes speciosum
II, IV
2
Espécies da Fauna constantes do anexo B-II do Dec. Lei n.º 49/2005 de 24/02
CÓDIGO ESPÉCIE
ESPÉCIE
ANEXOS
polylepis1
1116
Chondrostoma
1127
Rutilus arcasii
II
1123
Rutilus alburnoides
II
1135
Rutilus macrolepidotus
II
1172
Chioglossa lusitanica
II, IV
1259
Lacerta schreiberi
II, IV
1301
Galemys pyrenaicus
II, IV
1355
Lutra lutra
II, IV
1310
Miniopterus schreibersi
II, IV
1304
Rhinolophus ferrumequinum
II, IV
II
Outras Espécies dos Anexos B-IV e B-V do Dec. Lei n.º 49/2005 de 24/02
ESPÉCIE
FLORA
FAUNA
ANEXOS
Arnica montana
V
Lycopodium cernuum
V
Lycopodium inundatum
V
Narcissus triandrus
IV
Ruscus aculeatus
V
Scilla beirana
IV
Spaghnum capillifolium var. capillifolium
V
Spaghnum squarrosum
V
Discoglossus galganoi
IV
PRINCIPAIS USOS E OCUPAÇÃO DO TERRITÓRIO COM RESPECTIVAS PERCENTAGENS
Tipo de uso do solo
Área (ha)
Percentagem (%)
Áreas agro/ silvo/ pastoris
0
0
Áreas agrícolas arvenses
87,35
3,42
Áreas agrícolas arbóreo-arbustivas
38,226
1,50
Matos e Pastagens naturais
176,606
6,92
Floresta
2193,536
85,94
0
0
56,798
2,23
Zonas húmidas
Outros (áreas urbanas e industriais,
áreas sem coberto vegetal)
Fonte – COS 90
1
A partir da entidade anteriormente considerada como C. polylepis, foram descritas duas novas espécies: C.
duriensis e C. willkommi, ocorrendo neste Sítio a espécie C. duriense
3
CARACTERIZAÇÃO AGRO-FLORESTAL (INFORMAÇÃO MADRP)
Área do Sítio: 3% Agrícola e 74% Florestal;
Uso Agrícola - SAU: 75 ha:
- SAU irrigável: 86%;
Uso Florestal- 1 889 ha:
Tipo
Matos
Espécies
% área do Sítio
17%
57%
Incêndios (91-2003)
Regime de Caça Especial
Composição
40% Pinheiro Bravo; 8% Eucalipto;
6% Outras Folhosas; 3% Carvalhos
46%
42%
1. Dinâmicas Socio-económicas: 100% da área do Sítio Rural Dinâmico
2. Sistemas dominantes
Espaço predominantemente florestal composto por povoamentos de pinheiro bravo. Espaço
agrícola diminuto predominando a produção de Bovinos Leite.
3. Produtos de Qualidade
Este Sítio está inserido nas áreas geográficas de produção do “Mel das Terras Altas do
Minho”(DOP) e “Cabrito das Terras Altas do Minho”(IGP).
INDICADORES SOCIOECONÓMICOS
Total Rede Portugal
Unidade Período
Natura Continental
Indicador
Sítio
População residente HM
1299
329376
10356117
indivíduos
2001
População Presente HM
1260
313188
10148259
indivíduos
2001
Densidade populacional
50,88
17,08
113,20
hab/km2
2001
Taxa de actividade
45,65
38.14
48.20
%
2001
Índice de Poder de Compra
2,71
48.68
96.55
%
2002
Percentagem de população agrícola
3,26
15.93
11.38
%
1999
40,25
32.88
34.15
%
1999
59,75
67.12
65.85
%
1999
0,06
2.10
2.20
%
2001
4,92
27,59
35,29
%
1990
75,99
31,27
36,91
%
1990
Taxa de produtores agrícolas singulares com
idade entre 25 e 55 anos
Taxa de produtores agrícolas singulares com
idade superior a 55 anos
Percentagem de área agrícola beneficiada
pelas medidas agroambientais
Percentagem de ocupação da área
agrícola
Percentagem de ocupação do coberto
florestal
Fonte – COS 90, INE e MADRP
4
INSTRUMENTOS DE GESTÃO TERRITORIAL E OUTRA LEGISLAÇÃO APLICÁVEL
Plano Nacional da Água – Decreto-Lei n.º 112/2002 de 17 de Abril
Plano de Bacia Hidrográfica do Douro - Decreto Regulamentar n.º 19/01 de 10 de
Dezembro
Rectificação do Plano de Bacia Hidrográfica do Douro - Declaração de
rectificação n.º 21-G/2001. DR 301, Série I - B - 7º supl., de 31/12/2001
PDM de Gondomar – ratificação - Resolução do Conselho de Ministros n.º 48/95,
de 18 de Maio
PDM de Paredes – ratificação - Resolução do Conselho de Ministros n.º 40/94, de
08 de Junho
PDM de Valongo – ratificação - Resolução do Conselho de Ministros n.º 168/95, de
12 de Dezembro
Plano de Desenvolvimento Rural/RURIS (áreas de incidência das diferentes
medidas):
-
Regras gerais de aplicação do RURIS - Decreto-Lei n.º 64/2004 de 22 de Março
-
Alteração do RURIS e dos regulamentos das intervenções
-
Regulamento da intervenção "Medidas Agro-ambientais" - Portaria n.º
360/2004 de 7 de Abril
-
Regulamento da intervenção "Florestação de Terras Agrícolas" - Portaria n.º
680/2004 de 19 de Junho
-
Regulamento da intervenção "Indemnizações Compensatórias" - Portaria n.º
193/2003 de 22 de Fevereiro
Caça - zonas de caça sujeitas a diferentes regimes cinegéticos
Cadastro de Concessões Mineiras 2001 - Decreto-Lei n.º 90/90 de 16 de Março
(Lei Base - Regime Geral); Decreto-Lei n.º 87/90 de 16 de Março (Relativo a
recursos geotérmicos); Decreto-Lei n.º 88/90 de 16 de Março (Relativo a depósitos
minerais); Decreto-Lei n.º 270/2001 de 6 de Outubro (Relativo a massas minerais pedreiras)
FACTORES DE AMEAÇA
Qualidade da água muito degradada no Rio Ferreira e seus afluentes; actividade
florestal intensiva e artificialização dos povoamentos florestais; degradação do
sistema de minas e fojos; deposição anárquica de entulhos; perturbação
humana (colheita indevida de espécies, prática de actividades todo-o-terreno
com veículos motorizados, actividades de espeleologia, actividades de recreio e
lazer envolvendo, nomeadamente, um elevado número de participantes); fogos
florestais (entre 1991 e 2003 ardeu 46%); pressão urbanística.
5
ORIENTAÇÕES DE GESTÃO
A gestão do Sítio Valongo deverá ser prioritariamente orientado para a
recuperação e conservação da floresta autóctone (constituindo o controlo de
eucaliptos e acácias uma acção urgente nas áreas mais sensíveis) incluindo os
bosques ripícolas, bem como para a preservação de fojos e minas. Estes habitats
correspondem às áreas fundamentais para a conservação das espécies que
estão na origem da classificação do Sítio, tais como as espécies da flora Culcita
macrocarpa, Trichomanes speciosum e Narcissus cyclamineus e do anfíbio
Chioglossa lusitanica, correspondendo igualmente a habitats de importância
comunitária.
Deverão ainda ser desenvolvidos esforços no sentido de ordenar as actividades
de recreio e lazer nas áreas mais sensíveis, nomeadamente na envolvente dos
fojos e das linhas de água, oferecendo alternativas para a prática de actividades
ao ar livre.
DETALHE DAS ORIENTAÇÕES DE GESTÃO COM REFERÊNCIA AOS VALORES NATURAIS
Neste Sítio assumem particular relevância as seguintes orientações de gestão:
-
Impedir introdução de espécies não autóctones /controlar existentes
4030; 8220
Trichomanes speciosum
melanoxylon)
(acções
para
erradicação
de
Acacia
Chioglossa lusitanica; Chondrostoma polylepis; Galemys pyrenaicus;
Rutilus alburnoides; Rutilus arcasii; Rutilus macrolepidotus (implementar
programas de controlo e erradicação de espécies vegetais exóticas
invasoras das margens das linhas de água e encostas adjacentes,
promovendo a sua substituição por espécies autóctones)
Lacerta schreiberi (remover espécies vegetais exóticas pelo menos numa
faixa de 50 m para cada lado das linhas de água)
-
Monitorizar, manter / melhorar qualidade da água
3260; 8310; Chioglossa lusitanica; Lacerta schreiberi; Lutra lutra
Galemys pyrenaicus (considerando como valores de referência os limites
previstos nas “Normas de qualidade aplicáveis às águas piscícolas”, de
acordo com o disposto no Decreto-Lei nº 236/98, de 1 de Agosto)
Miniopterus schreibersi; Rhinolophus ferrumequinum (conservação das
suas áreas de alimentação)
Chondrostoma polylepis; Rutilus alburnoides; Rutilus arcasii (considerando
como valores de referência os limites previstos para as “águas de
ciprinídeos”, de acordo com o disposto no Dec.-Lei nº 236/98, de 1 de
Agosto)
-
Conservar / recuperar povoamentos florestais autóctones
Narcissus cyclamineus
6
Miniopterus schreibersi; Rhinolophus ferrumequinum (com um subcoberto
diversificado)
-
Conservar / recuperar vegetação ribeirinha autóctone
Narcissus cyclamineus; Chioglossa lusitanica; Chondrostoma polylepis;
Galemys pyrenaicus; Lacerta schreiberi; Lutra lutra; Miniopterus schreibersi;
Rhinolophus ferrumequinum; Rutilus alburnoides; Rutilus arcasii; Rutilus
macrolepidotus
-
Promover a regeneração natural
91E0*; 9230
-
Reduzir risco de incêndio
91E0*; 9230; Chioglossa lusitanica; Chondrostoma polylepis; Galemys
pyrenaicus; Lacerta schreiberi; Lutra lutra; Miniopterus schreibersi;
Rhinolophus ferrumequinum; Rutilus alburnoides; Rutilus arcasii; Rutilus
macrolepidotus
Culcita macrocarpa (limpeza dos resíduos e de vegetação na
envolvente dos fojos)
-
Condicionar intervenções nas margens e leito de linhas de água
3260; 91E0*; 9230; Chondrostoma polylepis; Galemys pyrenaicus; Lacerta
schreiberi; Lutra lutra; Rutilus alburnoides; Rutilus arcasii; Rutilus
macrolepidotus
Chioglossa lusitanica (condicionar o atravessamento e desvio de
pequenas linhas de água quando coincidam com áreas fundamentais
do ciclo de vida da espécie)
-
Ordenar actividades de recreio e lazer
Galemys pyrenaicus (em áreas mais sensíveis, associadas às zonas
húmidas)
Chioglossa lusitanica (zonas envolventes dos fojos)
-
Condicionar o acesso
8310; Chioglossa lusitanica (condicionar a prática de espeleologia)
Culcita macrocarpa; Trichomanes speciosum (condicionar o acesso aos
fojos mais importantes para a espécie)
Miniopterus schreibersi; Rhinolophus ferrumequinum (quando se justifique,
colocar vedações que evitem a entrada de visitantes mas permitam a
passagem de morcegos. A entrada dos visitantes é restringida apenas
nas épocas do ano em que o abrigo se encontra ocupado)
-
Criar novos locais de reprodução, conservar/recuperar os existentes
Chioglossa lusitanica
identificadas)
-
(conservar/recuperar
minas
e
galerias
já
Estabelecer programa de repovoamento / reintrodução
Culcita macrocarpa; Trichomanes speciosum (associados a acções de
reconstituição de habitat)
7
-
Definir zonas de protecção para a espécie / habitat
Culcita macrocarpa; Trichomanes speciosum (microreservas)
-
Preservar os maciços rochosos e habitats rupícolas associados
Culcita macrocarpa;
associados aos fojos)
Trichomanes
speciosum
(habitats
rupícolas
Neste Sítio são ainda importantes as seguintes orientações de gestão:
Agricultura e Pastorícia
-
Assegurar mosaico de habitats
Miniopterus schreibersi, Rhinolophus ferrumequinum (bosquetes, sebes e
matos, intercalados com zonas mais abertas de pastagens e zonas
agrícolas)
-
Conservar / promover sebes, bosquetes e arbustos
Miniopterus schreibersi; Rhinolophus ferrumequinum (em áreas mais
abertas, para aumentar a diversidade de presas e facilitar deslocações
na paisagem)
Lutra lutra (promover a manutenção/criação de sebes e bordaduras de
vegetação natural na periferia das zonas húmidas)
-
Condicionar a intensificação agrícola
Chioglossa lusitanica; Miniopterus schreibersi; Rhinolophus ferrumequinum
-
Manter práticas de pastoreio extensivo
4030; Miniopterus schreibersi; Rhinolophus ferrumequinum
-
Adoptar práticas de pastoreio específicas
4020*
-
Salvaguardar de pastoreio
9230
-
Condicionar queimadas
4020*
-
Condicionar expansão do uso agrícola
4020*
Narcissus cyclamineus (condicionar utilização agrícola das margens dos
cursos de água)
-
Outros condicionamentos específicos a práticas agrícolas
4020*
8
-
Condicionar uso de agro-químicos /adoptar técnicas alternativas
Chioglossa lusitanica; Lacerta
Rhinolophus ferrumequinum
-
schreiberi;
Miniopterus
schreibersi;
Condicionar uso de agro-químicos /adoptar técnicas alternativas em áreas
contíguas ao habitat
3260; Chioglossa lusitanica; Chondrostoma polylepis; Galemys pyrenaicus;
Lacerta schreiberi; Lutra lutra; Rutilus alburnoides; Rutilus arcasii; Rutilus
macrolepidotus
Silvicultura
-
Adoptar práticas silvícolas específicas
91E0*; 9230
-
Condicionar a florestação
4020*; 8220; Culcita macrocarpa
-
Conservar / recuperar vegetação dos estratos herbáceo e arbustivo
Miniopterus schreibersi; Rhinolophus ferrumequinum
Construção e Infra-estruturas
-
Apoiar tecnicamente o alargamento de estradas e a limpeza de taludes
Chioglossa lusitanica; Galemys pyrenaicus; Lacerta schreiberi (adjacentes
às linhas de água, de forma a não aterrar/destruir as margens das linhas
de água e a vegetação aí existente)
-
Condicionar a construção de infra-estruturas
4030; 8220
Chioglossa lusitanica; Galemys pyrenaicus; Lacerta schreiberi (na
construção de novas estradas ou alargamento das existentes, evitar
proximidade às linhas de água)
-
Condicionar expansão urbano-turística
4030; 8220; 8310
Chioglossa lusitanica; Lutra lutra (ordenar expansão urbano-turística de
forma a não afectar as áreas mais sensíveis)
-
Condicionar construção de açudes em zonas sensíveis
3260; 91E0*; Chondrostoma polylepis; Galemys
alburnoides; Rutilus arcasii; Rutilus macrolepidotus
-
pyrenaicus;
Rutilus
Condicionar construção de barragens em zonas sensíveis
3260; 91E0*; Chondrostoma polylepis; Galemys pyrenaicus; Lacerta
schreiberi; Rutilus alburnoides; Rutilus arcasii; Rutilus macrolepidotus
9
-
Assegurar caudal ecológico
3260; Chondrostoma polylepis; Galemys pyrenaicus; Lutra lutra; Rutilus
alburnoides; Rutilus arcasii; Rutilus macrolepidotus
-
Melhorar transposição de barragens /açudes
Galemys pyrenaicus (implementação de canais de bypass naturalizados
ou outras passagens para peixes adaptadas à espécie)
Chondrostoma polylepis; Rutilus alburnoides; Rutilus arcasii; Rutilus
macrolepidotus (colocação de passagens adequadas para peixes)
-
Condicionar transvases
Chondrostoma polylepis; Galemys pyrenaicus; Rutilus alburnoides; Rutilus
arcasii; Rutilus macrolepidotus
-
Reduzir mortalidade acidental
Lutra lutra (passagens para fauna e sinalizadores em rodovias)
Rhinolophus ferrumequinum (evitar o uso de vedações rematadas no
topo com arame farpado)
Galemys pyrenaicus (implementar grelhas de malha fina/dispositivos
dissuasores à entrada dos canais/circuitos de aducção de água de
pisciculturas e aproveitamentos hidráulicos e hidroeléctricos, com vista a
evitar a entrada e morte de animais nestas infra-estruturas)
Outros usos e Actividades
-
Condicionar captação de água
3260
Chioglossa lusitanica; Chondrostoma polylepis; Galemys pyrenaicus; Lutra
lutra; Rutilus alburnoides; Rutilus arcasii; Rutilus macrolepidotus (nas zonas
mais sensíveis e durante os meses de menor pluviosidade)
-
Condicionar drenagem
3260; 4020*; 91E0*
Chioglossa lusitanica (em zonas mais sensíveis)
-
Incrementar sustentabilidade económica de actividades com interesse para
a conservação
9230
-
Interditar deposições de dragados ou outros aterros
Galemys pyrenaicus
-
Ordenar prática de desporto da natureza
8310
Chondrostoma polylepis; Galemys pyrenaicus; Rutilus arcasii; Rutilus
macrolepidotus (desportos associados a cursos de água)
10
Miniopterus schreibersi; Rhinolophus ferrumequinum; Rutilus alburnoides
(espeleologia)
-
Reduzir mortalidade acidental
Lutra lutra (utilização de grelhas metálicas em artes de pesca, que
impossibilitam o acesso da lontra ao interior do engenho)
-
Regular dragagens e extracção de inertes
8220; 8310
Galemys pyrenaicus (interditar a extracção de inertes nas linhas de água,
durante o período de reprodução da espécie, Março–Julho)
Chondrostoma polylepis; Rutilus alburnoides; Rutilus arcasii; Rutilus
macrolepidotus (interditar extracção de inertes nos locais de reprodução
da espécie, em qualquer época do ano. Nos restantes locais,
condicionar durante a Primavera)
Orientações específicas
-
Consolidar galerias de minas importantes
Miniopterus schreibersi; Rhinolophus ferrumequinum
-
Criar alternativas à colheita de espécies, promovendo o seu cultivo
Narcissus cyclamineus
-
Desobstruir a entrada de abrigos
Miniopterus schreibersi; Rhinolophus ferrumequinum (grutas, minas ou
algares)
-
Efectuar gestão por fogo controlado
4030
-
Impedir encerramento
inadequados
de
grutas,
minas
e
algares
com
Miniopterus schreibersi; Rhinolophus ferrumequinum
compactas ou gradeamentos de malha apertadas)
-
dispositivos
(como
portas
arcasii;
Rutilus
Manter / recuperar habitats contíguos
91E0*
Galemys pyrenaicus (estabelecer corredores ecológicos)
Chondrostoma polylepis; Rutilus alburnoides;
macrolepidotus (assegurar continuum fluvial)
-
Manter as edificações que possam albergar colónias /populações
Rhinolophus ferrumequinum
-
Rutilus
Promover a manutenção de prados húmidos
Narcissus cyclamineus
11
CONDIÇÕES E CRITÉRIOS BASE PARA DECISÃO DAS AUTORIDADES LICENCIADORAS E
COMPETENTES PARA AUTORIZAÇÃO DE PROJECTOS E ACÇÕES SOBRE A EVENTUAL
SUJEIÇÃO DOS MESMOS A PROCESSOS DE AVALIAÇÃO DE INCIDÊNCIAS AMBIENTAIS
Projecto
AIA
AincA
Agricultura, Silvicultura e Aquicultura
Florestação / reflorestação com espécies de rápido crescimento ≥ 5ha
(*qualquer área)
Desflorestações destinadas à conversão para outro tipo de utilização das
terras
X
X
Indústria da Energia
Energias renováveis (eólica, do mar, solar)
X
Projectos de infra-estruturas
Operações de loteamento urbano, incluindo a construção de unidades
comerciais de dimensão relevante e parques de estacionamento, não
abrangidos por PMOT
X
Construção de estradas municipais
X
Barragens e açudes
Linhas de eléctrico, linhas de metropolitano aéreas e subterrâneas, linhas
suspensas ou análogas de tipo específico, utilizadas exclusiva ou
principalmente para transporte de passageiros
X
X
Outros Projectos
ETARs
X
Turismo
Hotéis e apartamentos turísticos localizados fora de zonas urbanas e
urbanizáveis delimitadas em plano municipal de ordenamento do
território ou plano especial de ordenamento do território
X
Parques de campismo
X
Parques temáticos
X
AIA – Avaliação de Impacte Ambiental
AincA – Análise de Incidências Ambientais
12
"!-/-"4)
/-"'*(")")&* ")
"//.
@<(/"")
-=.>./0)942%+.,%-%-*.#%"!&)-,)-9-3 %3C;--5,3C15*%42-
/1&/"'/0&"4)=;'';>9OPHNMHOMNR
A<&'(/).)&"4)
*" )9@:A:A
." ())&)&92234534C%3C34%*C*-23C42%C,(3
)(&!).9-,-+2C23*-,#-
- 0.";(")- 0.".9,:23F2--7C-7*--:-
-53C3*23D#5%2-53C-2%2D*-,#-C+0--2-
0/-.--(".; )--(")9$%443"%,%-3-2%#-452%,4#2-3,-3+7%#-2,-3P+5,%&0%-3
..""&".9%723-333-33223C,-3%723-3+5,%&0%-3
B<.-")
",)&) "9
%44
-,-)3"'972%7*
-2.-")9%34$%443,452%33+%H,452%3-,34,43-,9-H-24-H%,F<NQMGTTCOQ2%*C-+2-0*-24-H
%,F<QTGOMMRCOQ"72%2-C-+242%:-0-2+,-2%:+,9-E
J523-3#5-30%3-33*+-,4,--+7#4-!!! $ J$2,3$6+%34*,4%34+023 "I02%-2%42%-J
J$2,33352-0%3
J24,432-$-333%*%%-33-+7#4-3+-"&4%
J-$33%*%%-33-+7#4-0%-,%2$ -5$
"J2543,-90*-230*-452%3+#J*-2343*57%%3!! "!"I$CCJI02%-2%42%-J
$J27*$%3#*%-H0-245#533!!!!!#
%J#5334#,3C-*%#-42."%3+3-42."%3C-+7#4- !-5 $
! (J4#%32-23,43!!
)J22%3-++3-*-3*2%-3C452"-3-32#%*-H*%+-3-3I!J
*J-+5,%3273*43$%#2."%*33-2*33%3-30%3-3+-,4,-*0%,+J0233/3+353424-3452"-3-3#
',)-/(",". #./";)&* ";0&/0-&;.,)-/"292*7,%,&7*-+5,%42%-C0*2023,44%7%-3$%443+1534-35"2#%*%
-*.#%D%+0-24,%#*-*,-,152+,4-0%3#&34%-F--3K#2543K30%*2*7,%#-*.#%C5*452*02-,327-
42+%,330 %3F#*2%2%0&-*4+4+ +2*7,%02-,327-3*%,$3#5F
&2(".)"&;)0)(*'"902327-343$%443-,42%5%022%15:33223C,&7*-*.#%-0%3#&34%-C-+-,315,43
,"&%-3+42+-3535"254 "',-),-"9,#,2*% 02%7
)("")(&".').& ".9QTGOMMRCOQ"72%2-I452OMMMJ
&'(/).,-),-"/-").9-3-,34,43,-3342-3-32304%7-3
+5,%&0%-3I,-%30-,&7*024-4*%2J
C<)(.-2);&)-"4)
+.;)0,-)%/).%"',&'(/).92"2%242,30-3%--*,-4-2%*45202-3F-22+2#5*2+,4%,%%4%7315
-,42%5+02-,327-42+%,-3$%443C,-++,4--,42-*-0*,43%,73-2302-+--"*-23454.4-,C
215*%"%-*%,$3#5C%75*#-3,3%%*%:-C4F*%,4H3-02-(4-345-K
KF-3--"J"-2+15%2%-3-%3"-(-3
I-+3* 2%3JC*7-7-5+*304-027%3%4-$-2%:-,4*02%*F
.).9 H 3-*- 252* I#2, 2023,44%7% "*-234 -,327-JF 4%*%:- -,.+% 45* H , #,2*% 90*-2- "*-234*F 4%*%:0*0-05*-H*:2C30-24./))(.-2);'.9-3$%443+1534-,-,42+H330%*+,4+-30*+-,-5*4525*%04-C90,3-30 %3
%,73-23C%,!,%-3"*-234%3024%30-24-3+-4-2%:-3-8,$%**F
)..#2"."(/-2(+.0/0-.,-.-2)93-,34,43,-*,-4-2%*452F3/342%+32(53434%0-$%44+3
#,2%+,4 ,332%-02-+-7235-,327-C427 32#5*+,4--535"254-C02-(4-3-,42-*-%,73-23-%,734%+,4-
,027,-%,!,%-3C3,3%%*%:-CFFF
2(/0".,-"-).( ./),-.-2)9CHCCF-24--5423%,34%45%/3%,4&"%3CF-24-C33-%/3*-%3
D<)0'(/)-"".0&
,.=(3-/).-/) -";)0)-/))/)',>9
24-#2"%30&"%02-3$%443-302-&4%-K*-,#-K%,4#2,-3-3P+5,%&0%-3
)/).99+0*-3%,4#2,43-3$%44327*$*$2,3352-0%H31F27*$-3H*72%,$-G%2F52:3
E<"&") -"
-,327-Q30 %3223F+25,%%0**-,#-COMMQ
345-K"%,%-+4--*-#%027*-2%:-#34-%3$%2-#2"%33&4%-3%,4233,452*+422%4.2%-3252%3KC02-+-7%-0*2H
-53
*,-4-2%*452
223*-,#-H,4-023-2%2B+25,%%0**-,#-COMMS
Ficha de Caracterização – Anexo
HABITATS – BREVE DESCRIÇÃO
I. Habitats naturais e semi-naturais presentes no anexo B-I do DL n.º 140/99, de 24 abril, com a redação dada pelo DL n.º 49/2005, de 24
de fevereiro, constantes na ficha do Sítio de Importância Comunitária “Valongo”:
a) O habitat 3260 (Cursos de água dos pisos basal a montano com vegetação da Ranunculion fluitantis e da Callitricho-Batrachion)
corresponde a cursos de água permanente ou temporárias, dominados vulgarmente por Callitriche stagnalis. Ocorrem muito pontualmente
no território, devido à elevada alteração dos cursos de água.
b) O habitat prioritário 4020* (Charnecas húmidas atlânticas temperadas de Erica ciliaris e Erica tetralix) corresponde a urzais-tojais mesohigrófilos e higrófilos, dominados por urzes (Erica ciliaris e Calluna vulgaris), e tojo-molar (Ulex minor). Na área de estudo, este habitat
apresenta versões empobrecidas e de dimensão muito reduzida, mas que possuem alguma originalidade devido à presença da arranha-lobos
(Genista berberidea), espécie endémica característica deste habitat.
c) O habitat 4030 (Charnecas secas europeias) que corresponde a formações seriais mesófilas ou xerófilas dominadas por tojo e/ou urze.
Estas formações têm preferência por solos ácidos e normalmente pouco profundos, sendo muito comuns no território. Apesar de ser um dos
habitats do Anexo I mais comuns no Noroeste de Portugal Continental, possui algum interesse e singularidade neste território por ser
dominado por um endemismo ibérico, o tojo-gatenho (Ulex micranthus) e servir de refúgio a espécies de flora vascular com interesse para a
conservação.
d) O habitat 8220 (Vertentes rochosas siliciosas com vegetação casmofítica) é composto por diversas espécies relativamente comuns,
podendo mesmo ocorrer em zonas urbanas. Estas comunidades apresentam um escasso grau de cobertura e uma composição florística
muito variável, incluindo a presença de Asplenium billotii e Asplenium trichomanes subsp. quadrivalens, Anogramma leptophylla e
Polypodium cambricum. No território ocorre normalmente em muros ou zonas de escarpas/afloramentos.
e) O habitat 8230 (Rochas siliciosas com vegetação pioneira da Sedo-Scleranthion ou da Sedo albi-Veronicion dillenii) encontra-se
representado no território pelo subtipo 1 (tomilhais galaico-portugueses). Corresponde a formações dominadas pelo tormentelo (Thymus
caespititius) e pela gramínea Agrostis truncatula subsp. commista, acompanhados por Sedum brevifolium. Este habitat encontra-se
frequentemente nas clareiras de matos em solos xistosos.
f) O habitat 8310 (Grutas não exploradas pelo turismo), que no território em questão surge sob a forma de antigas explorações mineiras.
São inúmeros os vestígios mineiros, com especial destaque para os da época romana (séc. I a III d.C.), que atualmente constituem habitat ou
abrigo para várias espécies de morcegos, anfíbios e plantas.
g) O habitat florestal ribeirinho por excelência na região é o 91E0* (Florestas aluviais de Alnus glutinosa e Fraxinus excelsior (Alno-Padion,
Alnion incanae, Salicion albae)), correspondendo às formações dominadas por amieiro (Alnus glutinosa), e enriquecidas com árvores como
Fraxinus angustifolia, Laurus nobilis e Salix atrocinerea. A sua ocorrência é fragmentada devido às alterações que as linhas de água sofreram
mas tem relevância no território.
h) O habitat florestal mais representado no território é o 9230 (Carvalhais galaico-portugueses de Quercus robur e Quercus pyrenaica), que
corresponde a bosques dominados por Quercus robur, e com presença pontual de Quercus pyrenaica, acompanhados no estrato arbustivo
por espécies como Crataegus monogyna, Pyrus cordata, ou Frangula alnus. Apesar de ocorrer esparsamente, encontra-se representado por
manchas florestais de dimensão reduzida.
II. Outros habitats naturais e semi-naturais presentes do anexo B-I do DL n.º 140/99, de 24 abril, com a redação dada pelo DL n.º 49/2005,
de 24 de fevereiro, que também se encontram no território:
a) O habitat 3130 (Águas estagnadas, oligotróficas a mesotróficas, com vegetação da Littorelletea uniflorae e ou da Isoeto-Nanojuncetea)
refere-se a comunidades de vegetação anfíbia dominada por plantas tais como Juncus heterophyllus ou Eleogiton fluitans. Tem uma
ocorrência muito localizada no território, porque são características de águas oligotróficas. Esse tipo de cursos de água encontra-se quase
ausente devido à elevada poluição por nitratos.
b) O habitat 5230* (Matagais arborescentes de Laurus nobilis) é um habitat prioritário que enquadra as formações dominadas por espécies
arborescentes laurifólias. O subtipo 1 (Louriçais) refere-se às formações termófilas de loureiro (Laurus nobilis) propriamente ditas, típicas de
pequenos vales e zonas topograficamente encaixadas, com presença de linhas de água. Encontra-se representado por pequenas manchas
presentes especialmente nos vales encaixados nas pequenas linhas de água que desaguam no Douro.
c) O habitat 6410 (Pradarias com Molinia em solos calcários, turfosos e argilo-limosos (Molinion caeruleae) corresponde a comunidades
pratenses de solos húmidos acidófilos e oligotróficos, caracterizados pela dominância de Molinia caerulea ou Juncus effusus. Ocorrem
pontualmente no território.
d) O habitat 6430 (Comunidades de ervas altas higrófilas das orlas basais e dos pisos montano a alpino) corresponde a formações de
plantas herbáceas de médio a grande porte, que ocorrem na orla dos habitats florestais naturais tais como carvalhais e galerias ripícolas. É
comum em todo o Portugal Continental.
e) O habitat 7150 (Depressões em substratos turfosos da Rhynchosporion) ocorre em ambientes higroturfosos ocupados por vegetação
pioneira, de baixa cobertura e relativamente pobres em musgos, dominadas por ciperáceas (Eleocharis multicaulis) ou espécies insectívoras
como as orvalhinhas (Drosera spp.). São muito raros na área de estudo, ocorrendo em manchas de pequenas dimensões
"!-/-"4)
/-"'*(")")&* ")<&)-
-"*"/.<.,".,-)/ ".
@<
(/"")
-=.>./0)964(-0.(/(/,0&(/
"!&)-,)-9,9(.6/5F>//7."5F37",(6"4/
/1&/"'/0&"4)=;'';>9TULSRLTRSW
A<&'(/).)&"4)
*" )9@:A:B:@:
." ())&)&9"445!"6756F(5F56( ,F,/4"5F64(F.+5
)(&!).9/.!/-4F4"!"5",/.&/
- 0.";(")- 0.".9.="4"5"I"!4/!/9F/9",/"/=!/
/75F"!5"",4"5G&7(4!"/75F/4"(4G,/.&/F-2/"/4!/
0/-.--(".; )--(")954(0%(65"56/"-4"24"5".6!5"-246(-".6"6/!//6"44(604(/F"-/4'+,/(5/.!"
4"24"5".66(9(!!""!(9"45(!!"5/-(/4"5F./-"!-".6""-=/.5-(5'8-(!5/7!"%,/4-".6/I
..""&".9!(9"45/5"55/55"445F./5!(9"45/5-7.()2(/5
B<.-")
",)&) "9,/4
-,-)3"'96/6,(!!"!4"24/6"&(!4"&(/.,
-2.-")9"567!/(".6)%(/4",6(9-".6"4"".6"5,(".6/7!(9"45(!!"37"//44"./)6(/!"-2/46.(/-7.(64(O,/.&/OF/-4"%"4$.(
2"46/!"SXR"52#("5I,9&74!!52",(4"6(9
(665F./-"!-".6".";/LF6"-/552,.65!!94I!"
!!!I"4/6-#-!"".7-"445/.5(!"4!5O7,."49"(5OFO45O/7O-"4(&/O"-/467&,H7,."49"(5L$
"F!!F
"#F!!!K45L# F!#F!F
F#" !F!! F !!F
F
!!! !F !
!F!!K-"4(&/L!IK-" !H!
',)-/(",". #./";)&* ";0&/0-&;.,)-/"29"52"(,4","9.(2",4"24"5".66(9(!!"!5"52#("524"5".6"5"%4&(,(!!""/,0&(!"
,&7-5!",5F/-"56676/!"/.5"49 /.)9",/-7.(64(/
&2(".)"&;)0)(*'"924"5"49 /!"56"5'(665/.64(7(244(37"=!55"445F.)9","/,0&(/"2(5&)56(/F/-/.5"37".6"5
"."%)(/5"-6"4-/5!"757%476/
"',-),-"9.&"."4,(!!"#24(9!
)("")(&".').& ".9VZKTRRWFTV%"9"4"(4/M"!"674TRRRN
&'(/).,-),-"/-").9!!/5/.56.6"5./5!564/5!/54"52"6(9/5
-7.()2(/5M./!(52/.)9",246/6,(!!"!4"N
C<)(.-2);&)-"4)
+.;)0,-)%/).%"',&'(/).9!(9"455 1"5/.64(7"-(.!(4"6-".6"24/.5"49 /!"565"52#("5F./-"!-".6"//.64/,/!"
2,.65(.95/45"24/-/ /!%,/4"567606/."F4"37,(%( /!",(.'5!"&7F!(97,& /"5".5((,(= /F"6I
.).9L5/,/474,M&4.!"4"24"5".66(9(!!"!"%,/4"56!"/.5"49 /NI6(,(= /"/.0-(67,L.&"."4,(!!"";2,/4 /%,/4"56,I6(,(= /
2",2/27, /L,="4F!"52/46/
./))(.-2);'.95"52#("5"-37"56/5/"52"(,-".6"%"6!52",-/./7,674!""7,(26/"";2.5/!""52#("5(.95/45F
(.$.!(/5%,/4"56(5F2",/2(5/6"(/"4"/,'2",/
/-"-F246(!"!"52/46/5-/6/4(=!/5"!/:.'(,,I
)..#2"."(/-2(+.0/0-.,-.-2)95 1"56"4(-!"5"4+756!54"5"52")%(5-5&"."4(-".6"#.""554(/24/-/9"4
/.5"49 /!"565"52#("5F649#5!4"&7,-".6 /!/757%476/!55"445F!"24/+"6/5!"/.64/,/!"(.95/45"!/(.9"56(-".6/.24"9". /!"
(.$.!(/5F5".5((,(= /FIII
2(/0".,-"-).( ./),-.-2)9FLFFI/46/"/7645(.56(67( 1"5(".6)%(5FI/46/F55/( 1"5,/(5
D<)0'(/)-"".0&
,.=(3-/).-/) -";)0)-/))/)',>9
4"!"!(564(7( /4.&"6/!//6"44(604(/F"-/4'+"52#("555/(!5'(665"52")%(/5I
)/).9
E<"&") -"
J
I
OF4(56(.("(4F.#."P"),(#4&(/I/,I/I52I4(/,ITWHSLSW
MTRRVN
/.5"49 /!"V"52#("5445I-47.((2,!",/.&/FTRRV
567!/O"%(.( /!"-"6/!/,/&(249,/4(= /"&"56/!"(5'(!4/&4%(5"5)6(/5!"(.6"4"55".674,"-6"44(604(/5474(5OF24/-/9(!/2",!"4L
/75"
,./"6/4(,"!"674
"445!",/.&/L.6/24!"5/4(4E-47.((2,!",/.&/FTRRY
O
OF//!IH4(56(.("(4G"567!/5H7,/,9"5F.7,
/46",F,7!(,(9"(4F4(56(.,9"5F/.437"5F%/6/5H.7,/46",F,7!(,(9"(4F,/4L.I.L"!"!".9"56(& /"-(/!(9"45(!!"
"(/,/&(9/,76(9F/4604(/55/(!/GL".64/!".9"56(& /"-(/!(9"45(!!"""745/5".#6(/5K4"!(56(9"/,/&<GMN4"5"4'
&4/72M+."(4/TRSWN
"!-/-"4)
/-"'*(")")&* ")<&)-
-"*"/.<0/-..,".
@<
(/"")
-=.>./0)964(-0.(/(/,0&(/
"!&)-,)-9,9(.6/5F>//7."5F37",(6"4/
/1&/"'/0&"4)=;'';>9TULSRLTRSW
A<&'(/).)&"4)
*" )9@:A:B:@:
." ())&)&9"445!"6756F(5F56( ,F,/4"5F64(F.+5
)(&!).9/.!/-4F4"!"5",/.&/
- 0.";(")- 0.".9.="4"5"I"!4/!/9F/9",/"/=!/
/75F"!5"",4"5G&7(4!"/75F/4"(4G,/.&/F-2/"/4!/
0/-.--(".; )--(")954(0%(65"56/"-4"24"5".6!5"-246(-".6"6/!//6"44(604(/F"-/4'+,/(5/.!"
4"24"5".66(9(!!""!(9"45(!!"5/-(/4"5F./-"!-".6""-=/.5-(5'8-(!5/7!"%,/4-".6/I
..""&".9!(9"45/5"55/55"445F./5!(9"45/5-7.()2(/5
B<.-")
",)&) "9,/4
-,-)3"'96/6,(!!"!4"24/6"&(!4"&(/.,
-2.-")9"567!/(".6)%(/4",6(9-".6"4"".6"5,(".6/7!(9"45(!!"37"//44"./)6(/!"-2/46.(/-7.(64(O,/.&/OF/-4"%"4$.(
2"46/!"SXR"52#("5I.";L5",(56&"-I
',)-/(",". #./";)&* ";0&/0-&;.,)-/"29"52"(,4","9.(2",/","9!/.8-"4/!""52#("524"5".6"5"%4&(,(!!""/,0&(55/(!/
"56"&472/!"2,.65I
&2(".)"&;)0)(*'"924"5"49 /!"56"5'(665/.64(7(244(37"=!55"445F.)9","/,0&(/"2(5&)56(/F/-/.5"37".6"5
"."%)(/5"-6"4-/5!"757%476/
"',-),-"9.&"."4,(!!"#24(9!
)("")(&".').& ".9"!"674
&'(/).,-),-"/-").9!!/5/.56.6"5./5!564/5!/54"52"6(9/5
-7.()2(/5M./!(52/.)9",246/6,(!!"!4"N
C<)(.-2);&)-"4)
+.;)0,-)%/).%"',&'(/).9!(9"455 1"5/.64(7"-(.!(4"6-".6"24/.5"49 /!"565"52#("5F./-"!-".6"//.64/,/!"
2,.65(.95/45"24/-/ /!%,/4"567606/."F4"37,(%( /!",(.'5!"&7F!(97,& /"5".5((,(= /F"6I
.).9L5/,/474,M&4.!"4"24"5".66(9(!!"!"%,/4"56!"/.5"49 /NI6(,(= /"/.0-(67,L.&"."4,(!!"";2,/4 /%,/4"56,I6(,(= /
2",2/27, /L,="4F!"52/46/
./))(.-2);'.95"52#("5"-37"56/5/"52"(,-".6"%"6!52",-/./7,674!""7,(26/"";2.5/!""52#("5(.95/45F
(.$.!(/5%,/4"56(5F2",/2(5/6"(/"4"/,'2",/
/-"-F246(!"!"52/46/5-/6/4(=!/5"!/:.'(,,I
)..#2"."(/-2(+.0/0-.,-.-2)95 1"56"4(-!"5"4+756!54"5"52")%(5-5&"."4(-".6"#.""554(/24/-/9"4
/.5"49 /!"565"52#("5F649#5!4"&7,-".6 /!/757%476/!55"445F!"24/+"6/5!"/.64/,/!"(.95/45"!/(.9"56(-".6/.24"9". /!"
(.$.!(/5F5".5((,(= /FIII
2(/0".,-"-).( ./),-.-2)9FLFFI/46/"/7645(.56(67( 1"5(".6)%(5FI/46/F55/( 1"5,/(5
D<)0'(/)-"".0&
,.=(3-/).-/) -";)0)-/))/)',>9
4"!"!(564(7( /4.&"6/!//6"44(604(/F"-/4'+"52#("555/(!5'(665"52")%(/5I
)/).9
E<"&") -"
J
I
OF4(56(.("(4F.#."P"),(#4&(/I/,I/I52I4(/,ITWHSLSW
MTRRVN
/.5"49 /!"V"52#("5445I-47.((2,!",/.&/FTRRV
567!/O"%(.( /!"-"6/!/,/&(249,/4(= /"&"56/!"(5'(!4/&4%(5"5)6(/5!"(.6"4"55".674,"-6"44(604(/5474(5OF24/-/9(!/2",!"4L
/75"
,./"6/4(,"!"674
"445!",/.&/L.6/24!"5/4(4E-47.((2,!",/.&/FTRRY
O
OF//!IH4(56(.("(4G"567!/5H7,/,9"5F.7,
/46",F,7!(,(9"(4F4(56(.,9"5F/.437"5F%/6/5H.7,/46",F,7!(,(9"(4F,/4L.I.L"!"!".9"56(& /"-(/!(9"45(!!"
"(/,/&(9/,76(9F/4604(/55/(!/GL".64/!".9"56(& /"-(/!(9"45(!!"""745/5".#6(/5K4"!(56(9"/,/&<GMN4"5"4'
&4/72M+."(4/TRSWN
5
&$ %+! &
$'$(!+([email protected])@
#*'%#*(B@C5+.24@
!.%$'*) 3 4.,4@
!.%$((B@C%
%!$/*(%)102*"$')0
%!$/$##+#(B%)3@C%,@
%!$/!!)*'#'B..)@C6**@2%@
$!$!*#"#*)(("B+@C$%"",@
$#$%!*"$#*"B@C5+.24@
%!$%.!!*"!#(B@C5+.24@
$(($"'$##*!$(B%)3@C%
$(($"'$#%*(!!B@C 3
'*!!#!))B@C5+.24@
."#$$!#!)B53@C5+.24@
*#'"##'!!"+@
*#'"##.!#: **
*++,+&&%*)-&
*)-'*
.,3% 2D5*, 27 *D +.245#*
.,3% 2D2D +.245#*
.,3% 2D2D +.245#*
*#'"##%*"!%4$
.,3% 2D5*, 27 *D +.245#*
*#!"'#B4 0$@C$%"",@
$%$$!)'$%.!!B$2@C5+.24@
$%$$!#))B@C5+.24@
*#*!''*)B@C%,@
'(*%!!"'#)B$2$@C5+.24@
)/'*')B@C5+.24@
'$"%'((B..)@C2:
'(!'(2:
!!+#!.!!B..)@C2254$@
!!%%[email protected]
*!$"%!#)B@C5+.24@
*!!##'#.443$ 9@24+0
$*!"(%'B@C%
'"'.$!B%4$@C2.**
'"*!)B@C2:
*#'#%, ,@
$.#+)*!$(B@C5+.24@
%#$"%)[email protected]$C5+.24@
%##"$'B@C2.**
%#*#*!)B@C5+.24@
'$#.%$%.!!@
"!.()*"'%'*"B 8@C$%+0@
"%*""$*$)B25$E$%+0@C$%+0@
.,3% 2D2D +.245#*
02 3 ,40 ,30.2+4 2%* $ 22%.
2 .*$%.,4 3 GKJF
,!+%52.0
.,3% 2D2D +.245#*
.033&7 * .,"%2+.
#'#"##+0 E6**@*@35300'(($!
15%3% 2C!2#%.
#''$)@ 2E@.$2(0!0
'*"!)'#$!*"B 8@C$%+0@
)'*"#*())*"B2%@C25$E$%+0@
)'*"*#*!)*"B 8@C@ 57@
'.)*"!'$(*"B025 C$%+0@
'.)*"'*)*!*"B 8@C$%+0@
'.*"!%#*"%4$@
'.*"'#)*" 8@
'.*"(%)*" 8@
'.*"%!!' 8@
'.*"""%'*" .4@
'.*"%(*$)'&*)'*"B 8@C@ 24,@?@ :@E$ 2@
!!'$#!!*(%)B 8@C. 3)
"%.!$%*()'$+'#( .4@
"%.!$%*('+%!*(25$E$%+0@
"%.!$%*(!-*$(*(B 8@C2%@
"%.!$%*('!(B2%@C25$E$%+0@
"%.!$%*(#)'$!-*(B 8@C2%@
"%.!$%*(%!'2%@
"%.!$%*(%.'$'"(B$5*4;C2%@72@%.'$'"(
"%.!$%*(%.'$'"(B$5*4;C2%@72@!!$(*(B$!2@C
.2* :
')$$#%*'%*'*(B 8@C2%@
'.%)'$"!!B 8@C.$2
.,3% 2D5*, 27 *D +.245#*
.,3% 2D+ 2%#.D +.245#*
.,3% 2D2D +.245#*
,!+%52.0
.,3% 2D2D +.245#*
.,3% 2 D4 ,. 30 %*?0 32 ,.
02 .50,4 D,.%72. 2+ *$.32%/"%43 HFGI
,!+%52.0
.#$$#)*"'*#)$#B+@C25$E$%+0@
'#!!)'$"!!B 8@C$%+0@
'#$,('')B 8@C%,@
'#*"($%'*" 8@
."$$#+#!(B2%@C, 2
."$$##(*!#*(B .4@C@%**
%.(*"$!$(*"B 8@C.$2
)'*")'$"!!*"B 8@C2%44.,
)'*"(**!)*"+0
#)$()$$#))#*)*(B%)3@C2:$,
#)$()$$#$)*(*(B 8@C%,@
%%)'.*")$/'B2 7@C%,@
*'.#*"%'!$#*"$%+0@72@()$ (B52, 2C%9.,
*'.#*"()')*"B 8@C$%+0@
((#('.$( 8@72@(%)#($%+0@
((#('.$( 8@72@'.$(
((#(**(@ 57@
((#(%$!.%.!!*(%*3., 925$E$%+0@
((#(%*(!!*(B%*3.,C%*
((#((''*!)*(2%@
((#()-$!*( 8@
((#(+'*!*(B8@C$* ,@
$#)#!(#)%.') 8@
$#)#!(.%#$(24+@72@*'B$%+0@C%,@
$#)#!((&*"$( 8@
*#'.'$")' 8@
'""%#(B$5*4;C%,@
'""!+)B2%@C2%@
'""!( .4@
'"""$#)#25$E$%+0@
'""$+!(B 8@C%,@
'"")'$%.!!2 7@
."#$()$"*"!'*" [email protected],3$@
,!)B 8@C@ 57@
,()!!) ,3
,()')B%*3.,C.38@
)'$!*")'$%)'*"25$E$%+0@
$$ '!*#(B 8@C+@
$"!$)*"('*"B 8@C$%+0@
.$$"*"'"$'*"B2%@C%()E2#@
.%#*"*%'(($'" 8@
.%#*""""!!)*"B2%@C. 3)
.%#*"'(*%#)*"@:*@
.%#*"*)!#*".*+ ,E@2,)
.%#*"!*#$(*"B2%@C."++@92%@
($)*"$!)%,@
($)*"".$(*'$(2%@
*$'.*"*#%'$*"B2%@C@5 **@
#*"$'#*" 8@
'%*"! 8@
')$)'*"!.!!..)@E@:*@
')$)'*")#!!*"25$ 92%@
!$#$)('#!!53,@
!$#$)((%)$(52@
!$#$)($#)#B 8@C2%@
!$#$)("'B 8@C2%@
!$#$)('2%@
!$#$)((')%44@
!$"#*"#B*,.8C@@.0@
!$"#*"*#*!)*"B 8@C@@.0@
!*'*"*"#)*"%,@
!$)*"(**!#)*"B%*3.,C%,@
$$#)*"!$(B 8@C@ 57@
$$#)*"##*"B 8@C@ 57@
$!##$)#B 8@C%,@
$!!$#) 8@
$!.)'*"$""*# 8@
$!.)'*"$'"$(*" 8@
$!.)'*"*#%'#*" 8@
$!.)'*"%!'*" 8@
(*$)-%.!!*"!#(B2%@C@
843@
.,3% 2D2D +.245#*
.,3% 2D153 + D,.%72.
2+ *$.32%/"%43 HFGI
,!+%52.0
.,3% 2D2D +.245#*
.,3% 2D2D +.245#*
(*$)-%.!!*"!)+'#(B%9.,E5%3% 2 [email protected] E
6**C ,3
)'$$#*"'!B 8@C+@
).$")'*"%$!.%.!!*"B8@C25$E$%+0@
$")'*"*!'B 8@C2%@
$")'*"#B@ 2E@.$2C%,@
$")'*"&*)*"B$2@C2%@
$")'*"!$#)*"2%37.**
$")'*"(%'*"!2#%.?5-.;E$:2
$")'*")'$()*"B 8@C2%@
$")'*"!#*#$(*"B 8@C2%@
$")'*""$*#%,@
.#$()*"'%'$(B [email protected]
!'$%$*"%*'*"B 8@C%+02@
!'$%$*")$*')B2%@C@.$
")$%.!!*"(*()'*"*!$(*"B+0 C2%44@
%#*"*'*!)*"$%+0@
%#*"*'*!)*"$%+0@B".@'((!*"C
%#*"*'*!)*"$%+0@B".@$(*"C
%#*"%!!$!*"B$2$@C 8@72@%!!$!*"
,!+%52.0
,!+% ,&,35*
!2%
.,3% 2D2D +.245#*
.,3% 2D2D +.245#*
, 9.A%2 4%7%443
%#*"%!!$!*"B$2$@C 8@72@)#!!*"B$%+0@C
25+
%#*"(&*''$(*"2.+
.,3% 2D5*, 27 *D +.245#*
, 9.A%2 4%7%443
.033&7 * .,"%2+.
%#*"(*#)#(533.8E2,34@
%#*"(*(*#*" 3%,
452+@3530@(*(*#*"
%#*"(*(*#*" 3%,
452+@3530@#*#)*"B533@C@:
%#*")#!!*"$2$@ 9.""+@
**")"'(#*"B 8@C$%+0@
""!!'*!$(B2%@C. ,)@
$')*!*#$!B%)3@C52, 2
$')*!"'#)B25$E$%+0@C025
$')*!"*'!( 8@
'$()$"*"'.$#)*"25$@
!$)'(%B 8@C2%@
.$$#+'(("*(B%)3@C2%@
&%+
&#3&3*(3) &#3<>2;5;>6<::=743
8) *+ % )1%%
9!# ) &
"!-/-"4)
/-"'*(")")&* ")<&)-
/-"*"/.<.,".,-)/ ".
@<
(/"")
-=.>./0)953',/-'.'.+/%'.
"!&)-,)-9+8'-5.4D<..6-!4D26!+'5!3.
/1&/"'/0&"4)=;'';>9QRJPOJQOPT
A<&'(/).)&"4)
*" )9@:A:B:A:
." ())&)&9.*.4 4.,4D+"3'4!!5.4D,'-&.-5'%. !
.6!
)(&!).9.- .,3D3! !4!+.-%.
- 0.";(")- 0.".9-;!3!4!G! 3. .8D.8!+.!.; .
.64D! 4!!+3!4E%6'3 !.64D.3!'3E+.-%.D,1.!.3 .
0/-.--(".; )--(")9
J.*.4 4.,4! 4+"3'4D
J.*. .4!5.4D
J
5+6 ! .-5'%.,'-&. !.6!
..""&".9.*.4 4.,4!+"3'4J1!3634.8!3,!+&.D.*. .4!5.4J!44.!33 !'41!+4/8.4D,'-&.-5'%. !.6!J!44.
1!+.!453 . !.6!
B<.-")
",)&) "9+.3
-,-)3"'9 1.16+..616,3!,6'5.3!453'5
-2.-")9.5!33'5/3'.13!4!-5.- '0!413..33#-' !1.16+0!4 !!41"'!4 !5!3' /$'547-'4!,.356%+.-5'-!-5+K
!
L!,!4,.63.1.-5'-!-5+K
LD.,!45565. !.-4!38.-(8!+.,6-'53'..3'%. ! !
563QOOOJ4 6413',!'34-.4-!9.4J!J!5!3!'3-.-!9.JG
'- 3!$!3#-'13!4!- !
D.-45-5!-.
-!9.J '3!5'8
'554G
',)-/(",". #./";)&* ";0&/0-&;.,)-/"29!41!'+3!+!8-'!.+/%' .26!4.!41"'!426!-.$.3,3!%'45 41326+26!3.653.
+.+ !.356%+.-5'-!-5+D !1!- !- .46..33#-'-.-.44.5!33'5/3'. .-4!38. .4&'554,6'5.!41!($'.4!,26!4!!-.-53,G
,1.35-'.,6-'53'G
&2(".)"&;)0)(*'"98+.3';. 3!!-26-5.3!$7%'. !'. '8!34' !G
"',-),-"9-%!-!3+' !"13'8 )("")(&".').& ".9SVHQOOTDQS$!8!3!'3.K! !563QOOOL
&'(/).,-),-"/-").9 .4.-45-5!4-.4 453.4 .43!41!5'8.4
,6-'(1'.4K-. '41.-(8!+135.5+' ! 3!L
C<)(.-2);&)-"4)
+.;)0,-)%/).%"',&'(/).9!3!$!3'353-41.4'. .+-.!5.3'+ ! !56313.4G!.33!,3!%6+3,!-5!'-''5'8426!
.-53'6!,13.-4!38. !454!41"'!4D-.,! ,!-5!..-53.+. !1+-54'-84.34!13.,.. $+.3!4565/5.-!D4!-4''+';.D!5G
+'!-5J4!.13.*!5. !!456 .M
MG
.).9 J 4.+. 363+ K%3- ! 3!13!4!-55'8' ! ! $+.3!45 ! .-4!38.LG 5'+';. !.-/,' 56+ J - %!-!3+' ! !91+.3. $+.3!45+G 5'+';.
1!+1.16+.J+;!3D !41.35.
./))(.-2);'.94!41"'!4!,26!45.4.!41!'+,!-5!$!5 41.3+5!30!4.44!64&'554D-.,! ,!-5!,.-.6+563 !
!6+'15.!!91-4. !!41"'!4'-84.34D!1!+1563!1!3563.1!+.
.,!,G
)..#2"."(/-2(+.0/0-.,-.-2)94.-45-5!4-.+-.!5.3'+ ! !563!413.1.454 .4!456 .4!+.3 .4G40!45!3', !
4!3*645 43!4!!41"'!4!41!($'4,4%!-!3',!-5!"-!!443'.13.,.8!3.-4!38. !454!41"'!4D538"4 3!%6+,!-5. .
646$365. 44!334D !13.*!5.4 !.-53.+. !'-84.34! .'-8!45',!-5.-13!8!-. !'-#- '.4D4!-4''+';.DGGG
2(/0". ,-"-). ( ./) ,-.-2)9 13.13'!53'.4D D JD D G.35. ! .6534 '-45'56'0!4 '!-5($'4D G.35.D 44.'0!4 +.'4D
!,13!44$'+!'3$+.3!45+
D<)0'(/)-"".0&
,.=(3-/).-/) -";)0)-/))/)',>9
35.%3$'!41!($'134!41"'!4 413.(5'.M+.-%.M'-5!%3 -.4 .4R,6-'(1'.4
)/).9
I
K$.5.4F*..,.65'-&.L
E<"&") -"
.-4!38. !S!41"'!4334G,36-''1+ !+.-%.DQOOS
456 .M!$'-'. !,!5. .+.%'138+.3';.!%!45. !'4&' 3.%3$'4!4(5'.4 !'-5!3!44!-563+!,5!33'5/3'.4363'4MD13.,.8' .1!+ !3J
.64!
+-.!5.3'+! !563
!334 !+.-%.J-5.13 !4.3'3C,36-''1+ !+.-%.DQOOU
M
MD..3 GF3'45'-'!'3E!456 .4F6+.+8!4D-6+
.35!+D+6 '+'8!'3D3'45'-+8!4D.-326!4D$.5.4F-6+.35!+D+6 '+'8!'3D+.3J-G-J! ! !-8!45'%.!,'. '8!34' !
!'.+.%'8.+65'8D.35/3'.44.' .EJ!-53. !-8!45'%.!,'. '8!34' !!!634.4!-"5'.4H3! '5'8!.+.%:EKL3!4!3&
%3.61K*-!'3.QOPTL
"!-/-"4)
/-"'*(")")&* ")<&)-
/-"*"/.<0/-..,".
@<
(/"")
-=.>./0)953',/-'.'.+/%'.
"!&)-,)-9+8'-5.4D<..6-!4D26!+'5!3.
/1&/"'/0&"4)=;'';>9QRJPOJQOPT
A<&'(/).)&"4)
*" )9@:A:B:A:
." ())&)&9!334 !5645D'4D45'+D+.3!4D53'D-*4
)(&!).9.- .,3D3! !4!+.-%.
- 0.";(")- 0.".9-;!3!4!G! 3. .8D.8!+.!.; .
.64D! 4!!+3!4E%6'3 !.64D.3!'3E+.-%.D,1.!.3 .
0/-.--(".; )--(")9415!3'$/$'54!45.!,3!13!4!-5 4!,135',!-5!5. ..5!33'5/3'.D!,.3&*+.'4.- !
3!13!4!-55'8' !! '8!34' !4.,'.3!4D-.,! ,!-5!!,;.-4,'4&7,' 4.6-.46.!35. !-7+!.43/3!.465/5.-!4G
..""&".9 '8!34.4!44.44!334D-.4 '8!34.4,6-'(1'.4
B<.-")
",)&) "9+.3
-,-)3"'95.5+' ! 3!13.5!%' 3!%'.-+
-2.-")9.33!, '8!344!41"'!4D !4 !./)<)'0'K
L5"!9!,1+3!4., '453'6'.,'41.-56+G!45J4!./)<
).<-2&!).KL!./)<-&K
LD.4$"5'+&.4KLD.8!-.K4641G
LD.D.$!5.J1!-5!KL!.$!5.J,&.KLG!3!$!3'3..33#-' !
-..*. 4.,4G
',)-/(",". #./";)&* ";0&/0-&;.,)-/"293!+!8-'!.+/%'G
&2(".)"&;)0)(*'"9!8!-56+65'+';.1.3!9!,1+. .4$!5.413$'-4 '8!34.4
"',-),-"9-%!-!3+' !"13'8 )("")(&".').& ".9
&'(/).,-),-"/-").9 .4.-45-5!4-.4 453.4 .43!41!5'8.4
,6-'(1'.4K-. '41.-(8!+135.5+' ! 3!L
C<)(.-2);&)-"4)
+.;)0,-)%/).%"',&'(/).9 '8!3440!4.-53'6!,'- '3!5,!-5!13.-4!38. !454!41"'!4D-.,! ,!-5!..-53.+. !
1+-54'-84.34!13.,.. $+.3!4565/5.-!D3!26+'$'. !+'-&4 !%6D '86+%.!4!-4''+';.D!5G
.).9J4.+.363+K%3- !3!13!4!-55'8' ! !$+.3!45 !.-4!38.LG5'+';.!.-/,'56+J-%!-!3+' !!91+.3.$+.3!45+G5'+';.
1!+1.16+.J+;!3D !41.35.
./))(.-2);'.94!41"'!4!,26!45.4.!41!'+,!-5!$!5 41!+,.-.6+563 !!6+'15.!!91-4. !!41"'!4'-84.34G
)..#2"."(/-2(+.0/0-.,-.-2)9!-!3',!-5!D13!4!38.!!91-4. !&'55413.1('.44613!4!-D'-3!,!-5. '86+%.!
4!-4''+';.G
2(/0". ,-"-). ( ./) ,-.-2)9 13.13'!53'.4D D JD D G.35. ! .6534 '-45'56'0!4 '!-5($'4D G.35.D 44.'0!4 +.'4D
!,13!44$'+!'3$+.3!45+
D<)0'(/)-"".0&
,.=(3-/).-/) -";)0)-/))/)',>9
3! ! '453'6'.3-%!5. ..5!33'5/3'.D!,.3&*!41"'!444.' 4&'554!41!($'.4G
)/).9
I$!5.J3!+K$.5.4F326!+8'5!3.L
E<"&") -"
.-4!38. !S!41"'!4334G,36-''1+ !+.-%.DQOOS
456 .M!$'-'. !,!5. .+.%'138+.3';.!%!45. !'4&' 3.%3$'4!4(5'.4 !'-5!3!44!-563+!,5!33'5/3'.4363'4MD13.,.8' .1!+ !3J
.64!
+-.!5.3'+! !563
!334 !+.-%.J-5.13 !4.3'3C,36-''1+ !+.-%.DQOOU
M
MD..3 GF3'45'-'!'3E!456 .4F6+.+8!4D-6+
.35!+D+6 '+'8!'3D3'45'-+8!4D.-326!4D$.5.4F-6+.35!+D+6 '+'8!'3D+.3J-G-J! ! !-8!45'%.!,'. '8!34' !
!'.+.%'8.+65'8D.35/3'.44.' .EJ!-53. !-8!45'%.!,'. '8!34' !!!634.4!-"5'.4H3! '5'8!.+.%:EKL3!4!3&
%3.61K*-!'3.QOPTL
"!-/-"4)
/-"'*(")")&* ")<&)-
"'();( ").,-'".<.,".
,-)/ ".
@<
(/"")
-=.>./0)975).1/)0)0-1') 0
"!&)-,)-9-:)/706G>008/#6G48#-)7#50
/1&/"'/0&"4)=;'';>9UVMTSMUSTX
A<&'(/).)&"4)
*" )9@:A:B:B:
." ())&)&9#556"#7867G)6G67)!-G-05#6G75)G/,6
)(&!).9
0/"0.5G5#"#6#-0/'0
- 0.";(")- 0.".9/=#5#6#J#"50"0:G0:#-0#0="0
086G#"6##-5#6H'8)5"#086G05#)5H-0/'0G.30#05"0
0/-.--(".; )--(")9/0#67")630/*:#- 570'5&)#63# *&) ".)05)"#676#63$ )#6J9 -#06).3057/7#6"#605#)506305#;#.3-0
/=0/"8#):G/0:-#"#08 ##/#/ 067"7867/350;).)""#"65'6"0)0H5#'#/#5!0/785-0-0/'0"0#675"0H#;#.3-5#6
)60-"06.66)'/)&) 7):06/6350;).)""#6"0J#67 M6#:5)06#;#.3-5#6"#')-5"#)5#.08 #J#5#&#5)5"#6 0#575# #/7#"#/0:
3038-!0"#.57#-)/(06N
O/=0/"8#):G-$.", 0/(# )"/350;).)""#"#08 #J
..""&".9"):#5606 #66066#556G/06"):#5606.8/) *3)06
B<.-")
",)&) "9-05
-,-)3"'9707-)""#"5#3507#')"5#')0/-
-2.-")90 055#.30/78-.#/7##;#.3-5#6)60-"06083038-!2#6"#3-/76"):#5663507#')"6305-#')6-!0/ )0/-08 0.8/)75)J
"#67 5042"(!)NG/J?WUVKZ[GW"#=#.50O#0.)-"-)N
G/J?TY[KUSSTGUX.)0G-7#5"03#-0/J?TXXKUSSWGVS
,8/(0OJ#-)5#7):)776#6706-:'85""66#63$ )#6I'-/&"(!).NG/#;0MOH#
N/#;0
MOH# "&-"-NOG.6/#;0MJ677870P#.3#5)'0P/0):50#5.#-(0I
',)-/(",". #./";)&* ";0&/0-&;.,)-/"29#63# )-5#-#:/ )# 0-1') G )#/7*&) G3)6'*67) #7.$. 8-785-M305#;J0605#)50$
P5:05#6*.0-0"#0578'-PN48#6#7#/( 0/(# ).#/70/0(#;3-05!0# 0/1.) "# 057)!G#.056#06#5:#.-'8/6#;#.3-5#6"#6 057)!"06
#/75""-"#)"#08 #OJ
&2(".)"&;)0)(*'"935#6#5:!0"#67#6()776 0/75)8)355)48#="66#556G/*:#-# 0-1') 0#3)6'*67) 0G 0. 0/6#48#/7#6
#/#&* )06#.7#5.06"#868&5870J:#/78-#/#&* )0# 0/1.) 0660 )"0 057)!J
"',-),-"9/'#/#5-)""#$35):"
)("")(&".').& ".95#&#5#/ )"06/"#6 5)!0
&'(/).,-),-"/-").9""06 0/67/7#6/06 "67506"065#63#7):06
.8/) *3)06N/0")630/*:#-35707-)""#"5#O
C<)(.-2);&)-"4)
+.;)0,-)%/).%"',&'(/).9"):#566!2#6 0/75)8#.)/")5#7.#/7#35 0/6#5:!0"#676#63$ )#6G/0.#".#/7#0 0/750-0"#
3-/76)/:6056#350.0!0"&-05#67871 70/#N0605#)50G0=#:)/(0#')-5"#)57%.6)"0-:0"##;3/60/0.)70"0350,#70"#5#&-05#67!0
"#55"#/7867OG5#48-)&) !0"#-)/(6"#'8G"):8-'!0#6#/6))-)=!0G#7 J
.).9M60-0585-N'5/"#5#35#6#/77):)""#"#&-05#67"# 0/6#5:!0OJ7)-)=!0# 0/1.) 78-M/'#/#5-)""##;3-05!0&-05#67-J7)-)=!0
3#-3038-!0M-=#5G"#630570
./))(.-2);'.96#63$ )#6#.48#67060#63# )-.#/7#&#7"63#-.0/0 8-785"##8 -)370##;3/60"##63$ )#6)/:6056G
)/ %/")06&-05#67)6G5# 0-()/"#:)"N#;J=#:)/(0O#3#-03)607#)0N 60"6/0515#6OJ
)..#2"."(/-2(+.0/0-.,-.-2)96!2#67#5)."#6#5,867"65#6#63# *&) 6.6'#/#5) .#/7#$/# #665)0350.0:#5
0/6#5:!0"#676#63$ )#6G75:$6"5#'8-.#/7!0"0868&5870"66#556G"#350,#706"# 0/750-0"#)/:6056#5#&-0567!0#"0)/:#67).#/70/
35#:#/!0"#)/ %/")06G6#/6))-)=!0GJJJ
2(/0". ,-"-). ( ./) ,-.-2)9 35035)#75)06G G MG G J0570 # 08756 )/67)78)!2#6 )#/7*&) 6G J0570G 660 )!2#6 -0 )6G
#.35#66&)-#)5&-05#67-
D<)0'(/)-"".0&
,.=(3-/).-/) -";)0)-/))/)',>9
5#6"#605#)506)"#/7)&) "6/6 576"06
)/).9605#)50#.35).#)503-/0L.57#-)/(06N&0706I548#-:)7#50O
E<"&") -"
0/6#5:!0"#W#63$ )#6556J.58/) )3-"#-0/'0GUSSW
678"0P#&)/)!0"#.#70"0-0')35:-05)=!0#'#670"# )6()"50'5&) 6#6*7)06"#)/7#5#66#/785-#.7#55)715)06585)6PG350.0:)"03#-"#5M
086#
-/0#705)-#"#785
#556"#-0/'0M/7035"#6 05)5F.58/) )3-"#-0/'0GUSSZ
P
PG 005"JI5)67)/)#)5H#678"06I8-0-:#6G/8-
057#-G-8")-):#)5G5)67)/-:#6G0/548#6G&0706I/8-057#-G-8")-):#)5G-05M/J/M#"#"#/:#67)'!0#.)0"):#56)""#
#)0-0'):0-87):G05715)0660 )"0HM#/750"#/:#67)'!0#.)0"):#56)""### 85606
#/$7) 06K5#") 7):# 0-0'<HNO5#6#5 (
'5083N,/#)50USTXO
"!-/-"4)
/-"'*(")")&* ")<&)-
"'();( ").,-'".<0/-.
.,".
@<
(/"")
-=.>./0)953',/-'.'.+/%'.
"!&)-,)-9+8'-5.4D<..6-!4D26!+'5!3.
/1&/"'/0&"4)=;'';>9PQIONIPNOS
A<&'(/).)&"4)
*" )9@:A:B:B:
." ())&)&9!334 !5645D'4D45'+D+.3!4D53'D-*4
)(&!).9.- .,3D3! !4!+.-%.
- 0.";(")- 0.".9-;!3!4!G! 3. .8D.8!+.!.; .
.64D! 4!!+3!4E%6'3 !.64D.3!'3E+.-%.D,1.!.3 .
0/-.--(".; )--(")9.4. 4'-4!5(8.34D ! '453'6'.3!453'5D.-&!!I4!56+,!-5! 641.16+0!4 !1'-&!'3.I.4.-
!33 !-5645!+%6-4+.'4.,13!4!- !.38+&'-&4!1'-%6(.+G35. 44!41"'!4D1. !,&8!3.65341.16+0!4G43!45-5!4!41!'!4
463%!,44.' 4 !5!3,'- .4&'554!41!($'.4G
..""&".9 '8!34.4!44.44!334D-.4 '8!34.4,6-'(1'.4
B<.-")
",)&) "9+.3
-,-)3"'95.5+' ! 3!13.5!%' 3!%'.-+
-2.-")9!-.-53,I4!' !-5'$' 42653.!41"'!4 !1+-54'-4!5(8.34F)-2&!"(!.I!D,"( 0#)&I
J44.' 44.+.4&7,' .4!463%!,-.3,+,!-5!!,.-*6-5.K!,"(!"-)<).)IJ44.' 4.+.4
4!.4D463%!4.;'-&!".-4' !3 1!+.4.5-'.4.,.L1+-5 ! '453'6'.3!453'5LKG+", !454D'-7,!34!41"'!4.-53'6!,13 '8!34' !
$+.3(45' .5!33'5/3'.E !45,I4!+%6,4F--(!<&)).J
KD-).'("(!)JKD
D
DD/)-'(/&)JKG13!4!-5I4!!,-!9.6,+'45%!,,'4!95!-4D!,.3-.!9645'8JL+-54
846+3!4LKG
',)-/(",". #./";)&* ";0&/0-&;.,)-/"29!41!'+3!+!8-'!.+/%'D'!-5($'!1'4%(45'G
&2(".)"&;)0)(*'"913!4!38. !45!4&'554.-53'6'133'26!; 44!334D-(8!+!.+/%'.!1'4%(45'.D.,.-4!26!-5!4
!-!$('.4!,5!3,.4 !646$365.G8!-56+!-!$('.!.-/,'.44.' ..35'G
"',-),-"9-%!-!3+' !"13'8 )("")(&".').& ".9
&'(/).,-),-"/-").9 .4.-45-5!4-.4 453.4 .43!41!5'8.4
,6-'(1'.4J-. '41.-(8!+135.5+' ! 3!K
C<)(.-2);&)-"4)
+.;)0,-)%/).%"',&'(/).9 '8!3440!4.-53'6!,'- '3!5,!-5!13.-4!38. !454!41"'!4D-.,! ,!-5!..-53.+. !
1+-54'-84.34!13.,.. $+.3!4565/5.-!D13!!-. !'-#- '.4D3!26+'$'. !+'-&4 !%6D '86+%.!4!-4''+';.D!5G
.).9I4.+.363+J%3- !3!13!4!-55'8' ! !$+.3!45 !.-4!38.KG5'+';.!.-/,'56+I-%!-!3+' !!91+.3.$+.3!45+G5'+';.
1!+1.16+.I+;!3D !41.35.
./))(.-2);'.94!41"'!4!,26!45.4.!41!'+,!-5!$!5 41!+,.-.6+563 !!6+'15.!!91-4. !!41"'!4'-84.34D
'-#- '.4$+.3!45'4D3!.+&'- !8' !1'4.5!'.J4. 4-.3/3!4KG
)..#2"."(/-2(+.0/0-.,-.-2)940!45!3', !4!3*645 43!4!41!($'4,4%!-!3',!-5!"-!!443'.13.,.8!3
.-4!38. !454!41"'!4D538"4 3!%6+,!-5. .646$365. 44!334D !13.*!5.4 !.-53.+. !'-84.34!3!$+.345.! .'-8!45',!-5.-
13!8!-. !'-#- '.4D4!-4''+';.DGGG
2(/0". ,-"-). ( ./) ,-.-2)9 13.13'!53'.4D D ID D G.35. ! .6534 '-45'56'0!4 '!-5($'4D G.35.D 44.'0!4 +.'4D
!,13!44$'+!'3$+.3!45+
D<)0'(/)-"".0&
,.=(3-/).-/) -";)0)-/))/)',>9
)/).9J1'-&!'3.I.4.!1'-%6(.+K
E<"&") -"
.-4!38. !R!41"'!4334G,36-''1+ !+.-%.DPNNR
456 .L!$'-'. !,!5. .+.%'138+.3';.!%!45. !'4&' 3.%3$'4!4(5'.4 !'-5!3!44!-563+!,5!33'5/3'.4363'4LD13.,.8' .1!+ !3I
.64!
+-.!5.3'+! !563
!334 !+.-%.I-5.13 !4.3'3C,36-''1+ !+.-%.DPNNT
L
LD..3 GF3'45'-'!'3E!456 .4F6+.+8!4D-6+
.35!+D+6 '+'8!'3D3'45'-+8!4D.-326!4D$.5.4F-6+.35!+D+6 '+'8!'3D+.3I-G-I! ! !-8!45'%.!,'. '8!34' !
!'.+.%'8.+65'8D.35/3'.44.' .EI!-53. !-8!45'%.!,'. '8!34' !!!634.4!-"5'.4H3! '5'8!.+.%:EJK3!4!3&
%3.61J*-!'3.PNOSK
.
'
(
&#&) &''(' &# &%) ,
/&!.',),*
/*<<'#)"*
,!--/-2&'!(/-
-/'#)"*.
,! )'(--*!)-/'
/*< #'(
,!--/-.,!(,/!&&!,(
,(!')(.(
2)*)!/',(/
#)"#-#)"*;0.!*<*<(/*
2)*)!/'!(/(./'
/-/-/&./('%&&#& &#'%&&' - ( &%) ,
,1/,!/!
,)-,!(.,'!
-2'"#)"
,)-,,)./(!)&!
-2'"#)"
,)-)* 2&&/'&/-!.(!/'
)(%
&''(' &%)
)3*<
/0-
)3*<
/0-
)3*<
/0-
)3*<
/0-
)3*<
/0-
)3*</0-
)3*</0-
)3*</0-
)3*</0-
=')/#./-#0#*
-./-#/>
#)"#-*<*.*
=')/#./-#0#*
-./-#/>
,2)*.,!-/( !
(!-.,,!
!(%,)-.!-$/,--!
!(/!/&&/-!.(!
&%)"&
--)"<'**.
=')/#./-#0#*
-./-#/>
#)!0$*'
/!-*!((.!!
(+-#!*)*'#2-*2-('"*
$
/,/-,)/,
-2'"*<'2-#)"*
/,/--/,
*-#-*
!&&2,&.!)&!
'!&1-*,
!/,(/'.!(/2,/-),.
2,./-)''/(!-
-)*
(
*'"*
.'"#-*
0-/
&1+/!)&!/'
42#)"*
,!,),
-4<-)
/-/-/&./#'-#-
//-/&'!)&!/#'2.
)&/-')&&!-($)
, 2*)!/',/*-.,
-($)
, 2,(!
-
)(!,*,!&2'(/'
-..#'2
.,!!/'+/!&!(/'
/*<*-#)-#*
,./-')()2(
#'-#/#-*
9.*!( !,)8,0)*!( !,)8'(-):
$
&(/-&/.!()-
(##-*
&!1.,)!(,
'!0#-*<)!-*
,1!(/-(/-.!)&!
-#3*
,(/&&(/)!0#)"*
'/-)''/(!*-<+-/
9. ,5',--!&05-!&0-5.)-6:
%&%%& &$(&,
!(,!.,!),(!. )*),
.+*-.<-2.
+/!&!! ,)
#12.
,(!/',),.!(/'
-2<-*-/
2*,!/'*,),./'
#' 0-
'* &)-(!.!
.&&,! )&)-.
&)()*)!/'0/&,
9.)-& !,)5*!&,!.!,)5-!&0-6:
$
,/./-/()
-*)"#-*
2.!-/--.,!./#./<.<2..*0-.;(#.
&1&.,../*&*<-)'
!&&2,(/-.!)&!
*-)*
,!/'&&.
*-!
,!/-.,&!-4
.,)-*,./'.,!(../'
-,0&
&1'!,(. /*&*<!/)"*
,!!&!,!(#-#)"
&1'!(),
*&*<(*'!,-!/'!&!*(/&/'
-*
&&/(0/&,!-4
(.!(*(/')((. )#)
).(.!&&,.
*-()/#'"
9.)',)( !,)5.)8),!(,!)5/,38,(5,,( 8&))-6:
' '%!,
/',!'/,&!-2<(*'-#)"
* (/-,* (!-.,/'
-(!*
.&&,!'!
*-0!(
-/*<#):5BGI;CAAB9CF
(#*9'/-*+'*-/*<#):5
BFF;CAAE9DA&0)"*
-/*<#):5ECD;HI9E
4(-*
=')/#./-#0#*
-./-#/>
',(. /-&!./'7',(. /-
2,!/!!.,!-(/!(&!.,!*/'!&
!() &),/-8&&!
),/'&*),!/'
0(,.
!-2',!/')!!(&
!,- &!!((
!,-!/'0/&,
!/',)-/&./'
!,!- !)!./0!,)-7./-,,!)&
)(!/''/&./'
/*.),!/'((!(/'
,.!!)!
,.!'',(
' %(# ,
2'/--*!.!.//',0!)&!/'
(,, !(/'/,!'!(!/'
-')!--/,/.!)-
(/(/&/-/*&/,)!% &,
/',(,!/'
)&(. /...
(. )1(. /')),./'
,)-.!-1)/!&&!
,, (. ,/'&.!//()-/-//()-/.!&),/' %!'(%!,
*!/'()!&),/'
),!**(-./,.!/'8+/.!/'
&2,!&!(.
((. ,).
2*,!/'&)).').)(*)&2)(!)&!/&)!.)(&/!.(9.-),0& !( -5*!(/")&5'/-)-6:
'-*.
#'"
#'"<+#)#-
<<!'*
2<<-/*
2#<-2
#)"*
)#3.
-*
-2<2#+-#)
$)!0<<*#<.+-
' .<-2.
#0/
-2*<-2#)*
-/#!*
-/#!<<0.
*-()/'*
--*4<*.<(0-*.
)*<<"#-*
-2< #)
-<)*4'"
0)*
0)*
!-#*
-($)
(0
#+-#*<*.<+)/)*.
(%#'&&(
"!-/-"4)
/-"'*(")")&* ")<0(
(2-/-).<.,:,-)/ ".
@<
(/"")
-=.>./0)931%*-+%,%,)-#%,
"!&)-,)-9%)13,1++2?9,,4+2?04)%31,
/1&/"'/0&"4)=;'';>9KLDJIDKIJN
A<&'(/).)&"4)
*" )9@:A:C:@:
." ())&)&91123423?%2?23%)?),12?3
1%?+(2
)(&!).9,+,*1?12),+#,
- 0.";(")- 0.".9+812B1,,6?,6),,8,
,42?2)12@#4%1,42?,1%1@),+#,?*/,,1,
0/-.--(".; )--(")9,2%+6131,23!*4*%231%4%,)1#?61%+,/++,22/ %2*42B231"1+%
4*1%*/,13+3/122/ %2)6,23343,2/%),+216,+,6),4D16)$)/11D),41/122#4C)%+$2
#4/12)% )4)2B
..""&".9%612,222,22112?+,2%612,2*4+%&/%,2
B<.-")
",)&) "94+
-,-)3"'93,3)%1/1,3#%1#%,+)
-2.-")9+,$234,22/&"%,22,1%,%612%%+6131,2+8,+?*223,1"1+%2)#4*22/ %2%*/,13+32
2)6#412+&6),*4+%31%,?+,**+3A&"&0&<<-.&"(E
F2&"&0&.
@-<
&)0-EFD3,2+,+7,D
%13%6%332B
',)-/(",". #./";)&* ";0&/0-&;.,)-/"292/%)1)6+%,)-#%B
&2(".)"&;)0)(*'"96),1%8,1+04+3,1"5#%,%,%612%B
"',-),-"9+#+1)% /1%6
)("")(&".').& ".9MPCKIIN?KM"61%1,E341KIIIF
&'(/).,-),-"/-").9,2,+23+32+,2231,2,212/3%6,2
*4+%&/%,2E+,%2/,+&6)/13,3)%1F
C<)(.-2);&)-"4)
+.;)0,-)%/).%"',&'(/).91"1%131+2/,2%,,)+,3,1%)341/1,2B.2/,+34%2%64)#,
2+2%%)%8,E7B/)231?1/,13#+2+,,)3%*G),+#,341G?,)$%*+3,2&*/,,+#122,%+31+%,+)FB4312.26),1%8*
%,%612%"),1&23%+"%%*2322/ %2?,*,,,*32%+62,127/+2,"),12343-3,+104)%"%,)%+$2#4B
.).9 D 2,), 141) E#1+ 1/12+33%6% "),123 ,+216,FB 3%)%8, ,+-*% 34) D + #+1)% 7/),1, "),123)B 3%)%8,
/)/,/4),D)81?2/,13,
./))(.-2);'.922/ %2*0423,2,2/%)*+3"32/,1)31.2,2242$%332/)/341/1341,/),
,**B
)..#2"."(/-2(+.0/0-.,-.-2)92,+23+32+,)+,3,1%)341B1"1%1?*%2%64)#,2+2%%)%8,@/1216,
16)$%2+3%#,2E"4+*+3%21D),41F/,+3,2#4/1,/&%,22)% )4)2B
2(/0". ,-"-). ( ./) ,-.-2)9 /1,/1%31%,2? ? D? ? B,13, ,4312 %+23%34%.2 %+3&"%2? B,13,? 22,%.2 ),%2?
*/122"%)%1"),123)
D<)0'(/)-"".0&
,.=(3-/).-/) -";)0)-/))/)',>9
12/%)1"1!+%8,+,4E16)$)/12F?/),++31,23/31%*-+%,"4+&23%,?*,12)% )4)22,216***4%3,2
,431,2),%2?+,1*)*+3(4+3,)%+$2,4/,+3,2#4B1D),41241#22,%16)$%2+3%#,2B
)/).9
E<"&") -"
,+216,M2/ %2112B*14+%%/)),+#,?KIIM
234,G"%+%,*3,,),#%/16),1%8,#23,%2$%1,#1"%22&3%,2%+3122+341)*311%3-1%,2141%2G?/1,*,6%,/)1D
,42
)+,3,1%)341
112),+#,D+3,/12,1%1>*14+%%/)),+#,?KIIO
"!-/-"4)
/-"'*(")")&* ")<0(
(2-/-).<0/-..,".
@<
(/"")
-=.>./0)920$),*$+$+(,"$+
"!&)-,)-9$(02+0**1>8++3*1>/3($20+
/1&/"'/0&"4)=;'';>9IJBHGBIGHL
A<&'(/).)&"4)
*" )9@:A:C:@:
." ())&)&90012312>$1>12$(>(+01>2
0$>*'1
)(&!).9+*+)0>01(+*"+
- 0.";(")- 0.".9*701A0++5>+5(++7+
+31>1(01?"3$0+31>+0$0?(+*"+>).++0+
0/-.--(".; )--(")9+1$*5020+12 )3)$120$3$+(0">50$*+.**+11.$1)31A120!0*$+3)
E#+21.+2E($(3(1*+5(+3A
..""&".9$501+111+11001>*+1$501+1)3*$%.$+1
B<.-")
",)&) "93*
-,-)3"'92+2($0.0+2"$0"$+*(
-2.-")9*+#123+11.%!$+11+0$+$501$$*5020+1*7+*>)1)5$1$21).+1++1051$*4)011.$1A
120/3>*+1+1($(3(1>+5(+3+*1$0+3)E#+21.+2E>2*+1$+'+1051)$15$*21.$1$!0*21A*3)0)B
1+32011.$1>+)+6).(+@&"/C
D>-(!<&))C
D>)-)&/&'"-(/<2-'&!)C
D>
)-)&/<0<<()-"(!CD>%)("(!<<./<,"(/.C
D>&)02<<0.<)'0'C
D>AAA
',)-/(",". #./";)&* ";0&/0-&;.,)-/"291.$(0(5*$+(,"$A
&2(".)"&;)0)(*'"95(+0$7+0*/3*2+0!4"$+$+$501$A
"',-),-"9*"*0($.0$5
)("")(&".').& ".9
&'(/).,-),-"/-").9+1+*12*21*+1120+1+101.2$5+1
)3*$%.$+1C*+$1.+*%5(.02+2($0D
C<)(.-2);&)-"4)
+.;)0,-)%/).%"',&'(/).9-1.+*23$1$53("+1*1$$($7+C6A.(120>+(#$)*2+1%).++*"011+
$*20*$+*(DA3201-15(+0$7)$+$501$!(+0%12$*!$$)1211.$1>+)+++)21$*51+016.*1+!(+012
32,2+*0/3($!$+($*#1"3A
.).9 B 1+(+ 030( C"0* 0.01*22$5$ !(+012 +*105+DA 2$($7+ +*,)$ 23( B * "*0($ 6.(+0+ !(+012(A 2$($7+
.(.+.3(+B(70>1.+02+
./))(.-2);'.911.$1)/312+1+1.$()*2!21.+0(20-1+1131#$221.(.230.0230+.(+
+))A
)..#2"."(/-2(+.0/0-.,-.-2)9)$1$53("+1*1$$($7+?.0105+6.*1+!(+01232,2+*>+1)2+1)2"$1
.+*2+1"3A
2(/0". ,-"-). ( ./) ,-.-2)9 .0+.0$20$+1> > B> > A+02+ +3201 $*12$23$-1 $*2%!$1> A+02+> 11+$-1 (+$1>
).011!$($0!(+012(
D<)0'(/)-"".0&
,.=(3-/).-/) -";)0)-/))/)',>9
01.$(0!0 *$7+*+3C05(#(.01D.(+**20+($(3(1>)+01211+105)))3$2+1+320+1(+$1>
*+0)()*2'3*2+($*#1+3.+*2+1"3A1$*5020+1130").+02+++200$2,0$+>)+0("3)11.$112')11+$1#$221
1.%!$+1A
)/).9
E<"&") -"
+*105+K1.$1001A)03*$$.((+*"+>IGGK
123+E!$*$+)2++(+"$.05(+0$7+"12+$1#$0+"0!$11%2$+1$*2011*230()200$2,0$+1030$1E>.0+)+5$+.(0B
+31
(*+2+0$(230
001(+*"+B*2+.01+0$0=)03*$$.((+*"+>IGGM
"!-/-"4)
/-"'*(")")&* ")<0(
(#").<.,".,-)/ ".
@<
(/"")
-=.>./0)942&+.,&-&-*.$&"!&)-,)-9&* 24- 2,, 3@:--5, 3@15 *&4 2-
/1&/"'/0&"4)=;'';>9OPHNMHOMNR
A<&'(/).)&"4)
*" )9@:A:C:A:
." ())&)&9 223 4534@&3@34&*@*-2 3@4
2&@,)3
)(&!).9-,-+2@2 3 *-,$-
- 0.";(")- 0.".9,9 2 3 C 2--7@-7 *- -9-
-53@ 3 *2 3A$5&2 -53@-2 &2A*-,$-@+0- -2-
0/-.--(".; )--(")9-3,#'&-3 ,-,42+H3 02&,&0*+ ,4 ,02-8&+& *&,%3 $5@ ++&,3 7* 43%6+&3 +&,%-3@+3%4+!+--22",&30-2 8C +4,15 3 -542-3C32&-3&+-@ 22 &2 -53@33&+-+-32& &23#*5 ,4 3@3-02&+-2&&302
34 $250- ,&+&3C-3-3*+,2H*53&4,&@ ,15,4- 30!& 02-4 $&0 *&2 4&7&4434 +-+-2 &342&5&-4---'4&- 452+3-,% +H3 *-&3@,-+ + ,4 *$5+3+&,3@-+ 30 &*&+0-24,&022 02-5-I42"3 34-&,*5'3,5+2 3*7$52 30 '#&,- *-,$-JC
..""&".9&7 23-3 33-33 223@,-3&7 23-3+5,&'0&-3
B<.-")
",)&) "95,
-,-)3"'94-4*& 2 02-4 $&2 $&-,*
-2.-")92&15 9-,'7 *% 20 4-#5,!33&,*7 *@3 ,-15 30!& +&3 +* +4&!.&'(-<&0."/("=
>@
-,34,4 -3, 8-3H
H&2 4&7&443 -+- 34454- K5*, 27 *K +-245$*C # 2 +H3 -5423 30!& 302 3 ,4 34+!+
-,34,4 3,-3, 8-3 452@,-+ + ,4 -H
B.,)<,-/"-)<)'0'=
>@-<<)"(!)<,)(/" 0)I
@-+ 34454- D53 + EJ@-<"-"=
> /-"/)<'-')-)=C-, 8-H 3402 3 ,4 -<
2-=>C
',)-/(",". #./";)&* ";0&/0-&;.,)-/"29 30 &*2 * 7,& -*.$&C
&2(".)"&;)0)(*'"97*-2&9-2 ,15,4-2 #6$&- &-&7 23& C
"',-),-"9,$ , 2*& !02&7
)("")(&".').& ".9QTFOMMR@OQ# 7 2 &2-I 452OMMMJ
&'(/).,-),-"/-").9-3-,34,4 3,-3342-3-32 30 4&7-3
+5,&'0&-3I,-&30-,'7 *024-4*& 2 J
C<)(.-2);&)-"4)
+.;)0,-)%/).%"',&'(/).9 2 # 2&242,30-3&--*,- 4-2&* 45202-3C -22 +2 $5*2+ ,4 &,&&4&7315 -,42&5 +02-,3 27-3 30!& 302 3 ,4 3&,*5&,--3,#'&-3@,-+ + ,4 --,42-*- 0*,43&,73-23 02-+--#*-2 34
54.4-, @2 15*&#&- *&,%3 $5@&75*$- 3 ,3&&*&9-@ 4C*& ,4H3 - 345-K
K -302-) 4-3K-,3 27- Q 30!& 3
223KI#&,,&-0 *-2-$2+&# 452 9J K 15*&#&-&3$'34&32$ ,3-&-&+-KI#&,,&-0 *-2-$2+COCJC
.).9 H 3-*- 252* I$2, 2 02 3 ,44&7& #*-2 34 -,3 27-JC 4&*&9- -,.+& 45* H , $ , 2*&
0 *0-05*-H*9 2@ 30-24-
80*-2- #*-2 34*C 4&*&9-
./))(.-2);'.93 30!& 3 +15 34-3- 30 &*+ ,4 # 430-2*4 2/ 3-33 53%&443@,-+ + ,4 +-,-5*452 5*&04- 80,3- 30!& 3&,73-23@ 0 *0452 0 2452-0 *--+ +C
)..#2"."(/-2(+.0/0-.,-.-2)93-,34,4 3,-*,- 4-2&* 452 302-0-343-3 345-3 *-2-3C , 2&+ ,4 @
02 3 27- 80,3- %&44302-0'&-33502 3 ,@&,2 + ,4-&75*$- 3 ,3&&*&9-@#&3*&9-C
2(/0". ,-"-). ( ./) ,-.-2)9 02-02& 42&-3@ @ H@ @ C-24+02 33 #&* &2 #*-2 34*
-5423 &,34&45&/ 3 & ,4'#&3@ C-24-@ 33-&/ 3 *-&3@
D<)0'(/)-"".0&
,.=(3-/).-/) -";)0)-/))/)',>9
2 &342&5&-2,$ 4---4 22&4.2&-@ +-2%) 30!& 333-&3%&443 30 '#&-3C
,#-2+-F24-$2#& 45242,30-34
02-37&$ ,4 3,-3P+5,&'0&-3C
)/).93*+,2H*53&4,&G2H&!2&I#-4-3B215 *7&4 2- )--+-54&,%-J
E<"&") -"
-,3 27- Q 30!& 3223C+25,&&0* *-,$-@OMMQ
345-K #&,&- + 4--*-$&027*-2&9- $ 34- &3%&2-$2#&3 3'4&-3 &,4 2 33 ,452* +4 22&4.2&-3252&3K@02-+-7&-0 * 2H
-53 *,- 4-2&* 452
223 *-,$-H,4-02 3-2&2?+25,&&0* *-,$-@OMMS
&7 23-342*%-3& ,4'#&-3&30-,'7 &302-,35*4,- ,42- ,4 202 4-+& ,4*
"!-/-"4)
/-"'*(")")&* ")<0(
(#").<0/-..,".
@<
(/"")
-=.>./0)942&+.,&-&-*.$&"!&)-,)-9&* 24- 2,, 3A:--5, 3A15 *&4 2-
/1&/"'/0&"4)=;'';>9LMEKJELJKO
A<&'(/).)&"4)
*" )9@:A:C:A:
." ())&)&9 223 4534A&3A34&*A*-2 3A42&A,)3
)(&!).9-,-+2A2 3 *-,$-
- 0.";(")- 0.".9,9 2 3 D 2--7A-7 *- -9-
-53A 3 *2 3B$5&2 -53A-2 &2B*-,$-A+0- -2-
0/-.--(".; )--(")9-3,#'&-3 ,-,42+E3 02&,&0*+ ,4 ,02-8&+& *&,%3 $5A ++&,3 7* 43%6+&3 +&,%-3A+3%4+!+--22",&30-2 8D +4,15 3 -542-3D32&-3&+-A 22 &2 -53A33&+-+-32& &23#*5 ,4 3A3-02&+-2&&302
34 $250- ,&+&3D
..""&".9&7 23-3 33-33 223A,-3&7 23-3+5,&'0&-3
B<.-")
",)&) "95,
-,-)3"'94-4*& 2 02-4 $&2 $&-,*
-2.-")92&15 9-,'7 *% 20 4-#5,!33&,*7 *A3 ,-15 +5&433 30!& 3 34-02-4 $&3-2&$-&2 4&7
&443D4+!+
33&,*202 3 ,-.,)<)--)-=
>A.,)<)'0'=>A/-"/)<<2(/-<&-(%=> .&'(-<<,"(/.<
'-&.=>:
',)-/(",". #./";)&* ";0&/0-&;.,)-/"29 30 &*2 * 7,& -*.$&D
&2(".)"&;)0)(*'"97*-2&9-2 ,15,4-2 #6$&- &-&7 23& D
"',-),-"9,$ , 2*& !02&7
)("")(&".').& ".9
&'(/).,-),-"/-").9-3-,34,4 3,-3342-3-32 30 4&7-3
+5,&'0&-3F,-&30-,'7 *024-4*& 2 G
C<)(.-2);&)-"4)
+.;)0,-)%/).%"',&'(/).9 -22 +2 $5*2+ ,4 &,&&4&7315 -,42&5 +02-,3 27-3 30!& 302 3 ,4 3&,*5&,--3
,#'&-3A,-+ + ,4 --,42-*- 0*,43&,73-23 02-+--#*-2 3454.4-, A2 15*&#&- *&,%3 $5A&75*$- 3 ,3&&*&9-A
4D*& ,4E3 - 345-H
H -302-) 4-3H-,3 27- N 30!& 3223HF#&,,&-0 *-2-$2+&# 452 9G H 15*&#&-
&3$'34&32$ ,3-&-&+-HF#&,,&-0 *-2-$2+DLDGD
.).9 E 3-*- 252* F$2, 2 02 3 ,44&7& #*-2 34 -,3 27-GD 4&*&9- -,.+& 45* E , $ , 2*&
0 *0-05*-E*9 2A 30-24-
80*-2- #*-2 34*D 4&*&9-
./))(.-2);'.93 30!& 3 +15 34-3- 30 &*+ ,4 # 430-2*4 2/ 3-33 53%&443A,-+ + ,4 +-,-5*452 5*&04- 80,3- 30!& 3&,73-23A 0 *0452 0 2452-0 *-
-+ +D
)..#2"."(/-2(+.0/0-.,-.-2)93-,34,4 3,-*,- 4-2&* 452 302-0-343-3 345-3 *-2-3D , 2&+ ,4 A
02 3 27- 80,3- %&44302-0'&-33502 3 ,A&,2 + ,4-&75*$- 3 ,3&&*&9-A#&3*&9-D
2(/0". ,-"-). ( ./) ,-.-2)9 02-02& 42&-3A A EA A D-24+02 33#&* &2#*-2 34*
-5423 &,34&45&/ 3 & ,4'#&3A D-24-A 33-&/ 3 *-&3A
D<)0'(/)-"".0&
,.=(3-/).-/) -";)0)-/))/)',>9
2 &342&5&-2,$ 4---4 22&4.2&-A +-2 343 30!& 3 34 )+33-&3*&,%3 $5 30 &*+ ,4 ,!0- 2 02-5-D
)/).942&4-E E7 ,42 E*2,) 3*+,2E E0&,43E+2 *3F#-4-3C)--+-54&,%-G
E<"&") -"
-,3 27- N 30!& 3223D+25,&&0* *-,$-ALJJN
345-H #&,&- + 4--*-$&027*-2&9- $ 34- &3%&2-$2#&3 3'4&-3 &,4 2 33 ,452* +4 22&4.2&-3252&3HA02-+-7&-0 * 2E
-53 *,- 4-2&* 452
223 *-,$-E,4-02 3-2&2@+25,&&0* *-,$-ALJJP
&7 23-342*%-3& ,4'#&-3&30-,'7 &302-,35*4,- ,42- ,4 202 4-+& ,4*
"!.0."5)
0."'*(")")&* ")>1(
3/>/,"/,.)0 "/
B>
(0"")
.?/@/01);20$),*$+$+(,"$+
"!&).,).;$(02+0**1>8++3*1>/3($20+
02&0"'01&"5)?=''=@;HIBHGBIGHK
C>&'(0)/)&"5)
*" );B<C<E<D<
/" ())&)&;0012312>$1>12$(>(+01>2
0$>*'1
)(&!)/;+*+)0>01(+*"+
. 1/"=("). 1/"/;*701@0++5>+5(++7+
+31>1(01?"3$0+31>+0$0?(+*"+>).++0+
10./..("/= )..(");151$120$3)B1.+02+++200$2,0$+>)+0#'1.$1+)#$221.0!0*$$1C.+06@+"30B0$+1
*+*20B11.$()*2*+15(1+00$0+31?+"$++105B1+)!0/3 *$*101)(#+0+*1051!(+01232,2+*D@
//""&"/;$501+111+11001>*+1$501+1)3*$%.$+1
D>/.")
",)&) ";3*
.,.)4"';2+2($0.0+2"$0"$+*(
.3/.");(5$501$51>+)50$11.$1.0+2"$1@+*12*21+*6+B
$02$551+105)B1)0)3">,-1(
?@>&)>,. ."()?@>&)/>)>'0)?@> 1.>.")/?@>'"&!.>,.0)?@:
/)'."?'."5!).01&(@@)).01*21*+1*6+1230>*121+*+B1.$1$*"2$1>*+*20)B1)).("5?
@> !> &"(!>> 1?@> .&!?@>'&.)?
@>,0)>.&?
@>, CD>,."5>)'1'?@>,)')>/>.)!/?@>,)')>0).5?@>.)&>.3
?@>0)."?
@>0).)>,"(0)?
@<
',).0(","/ #/0"=)&* "=1&01.&=/,).0"3;1.$(0(5*$+(,"$@
&3("/)"&=)1)(*'";5(+0$7+0*/3*2+0!4"$+$+$501$@
"',.),.";*"*0($.0$5
)("")(&"/')/& "/;JMAIGGK>IJ!50$0+C230D
&'(0)/,.),."0.")/;+1+*12*21*+1120+1+101.2$5+1
)3*$%.$+1C*+$1.+*%5(.02+2($0D
E>)(/.3)=&)."5)
+/=)1,.)%0)/%"',&'(0)/;0!0$020*1.+1$++(*+2+0$(230.0+1@+00)0"3(0)*2$*$$2$51/3
+*20$3).0+*105+11.$1.01*21$*(3$*+151>*+))*2++*20+(+.(*21$*51+01.0+)++!(+01232,2+*>
0/3($!$+($*#1"3>$53("+1*1$$($7+>2@($*2B1+.0+'2+123+E
E@
/)/; B 1+(+ 030( C"0* 0.01*22$5$ !(+012 +*105+D@ 2$($7+ +*,)$ 23( B * "*0($ 6.(+0+ !(+012(@ 2$($7+
.(.+.3(+B(70>1.+02+
/0))(/.3)='/;11.$1)/312+1+1.$()*2!21.+0(20-1+1131#$221>*+))*2)+*+3(230
3($.2+6.*1+1.$1$*51+01>.(.230.0230+.(++))@
)//#3"/"(0.3(+/101./,./.3);1+*12*21*+(*+2+0$(2301.0+.+121+1123+1(+0+1@*0$)*2>
.0105+6.*1+#$221.0+.%$+113.01*>$*0)*2+$53("+1*1$$($7+>!$1($7+@
3(01"/ ,.".)/ ( /0) ,./.3); .0+.0$20$+1> > B> > @+02+ +3201 $*12$23$-1 $*2%!$1> @+02+> 11+$-1 (+$1>
).011!$($0!(+012(
F>)1'(0).""/1&
,/?(4.0)/.0) ."=)1).0))0)',@;
0$120$3$+0*"2+++200$2,0$+>)+0#'1.$111+$1#$2211.%!$+1@
)0)/;
G>"&") ."
+*105+J1.$1001@)03*$$.((+*"+>IGGJ
123+E!$*$+)2++(+"$.05(+0$7+"12+$1#$0+"0!$11%2$+1$*2011*230()200$2,0$+1030$1E>.0+)+5$+.(0B
+31
(*+2+0$(230
001(+*"+B*2+.01+0$0=)03*$$.((+*"+>IGGL
"!.0."5)
0."'*(")")&* ")?1(
3/?10.//,"/
C?
(0"")
.@/A/01);1/#(+)#*#*'+!#*
"!&).,).;#'/1*/))0=7**2)0=.2'#1/*
02&0"'01&"5)@>''>A;HIBHGBIGHK
D?&'(0)/)&"5)
*" );C<D<F<E<
/" ())&)&;//01201=#0=01#'='*/0=1
/#=)&0
)(&!)/;*)*(/=/0'*)!*
. 1/">("). 1/"/;)6/0@/**4=*4'**6*
*20=0'/0>!2#/*20=*/#/>'*)!*=(-**/*
10./..("/> )..(");040#01/#2(B0-*/1***1//#1+/#*=(*/"&0-#0*("#110-/ /)##0C-*/5@!/B/'
)*)1/B00-#'()1)06*)0/##/#)"0D@
//""&"/;#4/0*000*00//0=)*0#4/0*0(2)#$-#*0
E?/.")
",)&) ";2)
.,.)4"';1*1'#/-/*1!#/!#*)'
.3/.");'4#4/0#40=-/0)1)*B02('#01!('!2(0?,)1,@#!A=,0)?3.@#!$ !A=).1%?)?'0)
@" %#A= 1"??/?.)(@#"#"A=!,"'?.&@ #! A=3."&!)@ #! !A= .?.&@ A=).1%?/?0)../
@&"A=()."(!)?)'1'@#!#!A=,"?,1?'&!)@ ! A=()."(!?)/?"."/@# A=()."(!?/?!'"(/
@ # #!"A=&3)&?.(@
"A=&3)&?"(5(0@
" A=,"/)??,"0)?.1"3)@ "#! ##A=."..1"3)?,.0)
@# #! # !A=,.&@!! !"#!A=.."@ &"!" &"!A= 3")@" !#!A:!,"'?."&)( )@"!#"#!A:
()."(!)?.&@#!A:()."(!)?,&")@#!#!A:()."(!?)?'.@" #A:.)14"()&?.3)@""""A:)..&!)?,-1()??
)&".@ #!##!A:).3)@ $#! %A:1)@###! #!A:/.3".@ ' #!A:")??&.@!" !" A:0(0"&!)@ !A:&)/?,)&" &)0@!&""A: "3)0?. (0@ #!!A:!,"'?.3)".)@ #!" A:!,"'?51&@ #! ##!A:).3)?
'."(!)??/?.(/@ % A:&)/"(!?"."@&!#! #!A:.."."(!@ ## !A:()."(!?/?.)!/
@"& #!" !A:.04)@%" #"#!A:!'."5@ #!! #!A:0.,".?51&@""# A:.)&?01.@" ""A:
/0).("(!)?,.0)@"# #!# A:0)10"( .??..0@&$" A:')!)? & )@""#A:,"(0..)4)@ #!A:"
@ 'A:')!)?=).&!/@"#!!!A:!,"'??,)1,@ #! !""#A:()."(!?/?.."./@ A<
',).0(","/ #/0">)&* ">1&01.&>/,).0"3;0-#'/'4)#*'+!#@
&3("/)"&>)1)(*'";4'*/#6*/).2)1*/ 3!#*#*#4/0#'*'#)1/00)1-/*0/4*40*21/01#4#0
(*)11**()12/6@
"',.),.";)!)/'#-/#4
)("")(&"/')/& "/;/-/#'()1#)1!/)12/IGGG
CJMAIGGK=IJ 4/#/*D
&'(0)/,.),."0.")/;*0*)01)10)*001/*0*0/0-1#4*0
(2)#$-#*0C)*#0-*)$4'-/1*1'#/D
F?)(/.3)>&)."5)
+/>)1,.)%0)/%"',&'(0)/;1/)0-*0#*(#0*')*1*/#'12/-/*0) ##1*000-#021+1*)0@
*//(/!2'/()1#)##1#40.2*)1/#2(-/*)0/4*00-#0-/0)10#)'2#)*040=)*(()1**)1/*'*-')10
#)40*/0-/*(** '*/0121+1*)=/.2'# #*'#)"0!2=#42'!*0)0##'#6*=1@#)(#6/(B0&,0'#/1*
*/2&0B*B(1*-+0/2-/*)*/.2#*'+!#*#@'#)1B01((*-/*&1*012*E
E@
/)/; B 0*'* /2/' C!/) /-/0)11#4# '*/01 *)0/4*D@ 1#'#6* *)+(# 12' B ) !)/'# 5-'*/* '*/01'@ 1#'#6*
-'-*-2'*B'6/=0-*/1*
/0))(/.3)>'/;00-#0(.201*0*0-#'()1 10-*/'1/,0*0020"#110=)*(()1(*)*2'12/
2'#-1*5-)0*0-#021+1*)0=-'-12/-/12/*-'**((@
)//#3"/"(0.3(+/101./,./.3);0*)01)10)*')*1*/#'12/0-/*-*010*0012*0'*/*0@)/#()1=
-/0/4*5-)0*"#110-/*-$#*002-/0)=#)/()1*#42'!*0)0##'#6*= #0'#6*@
3(01"/ ,.".)/ ( /0) ,./.3); -/*-/#1/#*0= = B= = @*/1* *21/0 #)01#12#,0 #)1$ #0= @*/1*= 00*#,0 '*#0=
(-/00 #'#/ '*/01'
G?)1'(0).""/1&
,/@(4.0)/.0) .">)1).0))0)',A;
/#01/#2#*/)!1***1//#1+/#*=(*/"&0-#000*#0"#1100-$ #*0@
)0)/;!/B/'-*2-C *1*0?/#01#)(2/#/D
H?"&") ."
*)0/4*J0-#0//0@(/2)##-''*)!*=IGGJ
012*E #)#*(1**'*!#-/4'*/#6*!01*#0"#/*!/ #00$1#*0#)1/00)12/'(1//#1+/#*0/2/#0E=-/*(*4#*-'/B
*20
')*1*/#'12/
//0'*)!*B)1*-/0*/#/<(/2)##-''*)!*=IGGL
"!-/-"4)
/-"'*(")")&* ")<0(
'#-).<.,".,-)/ ".
@<
(/"")
-=.>./0)91/#(+)#*#*'+!#*
"!&)-,)-9#'/1*/))0=7**2)0=.2'#1/*
/1&/"'/0&"4)=;'';>9KLDJIDKIJN
A<&'(/).)&"4)
*" )9@:A:C:C:
." ())&)&9//01201=#0=01#'='*/0=1
/#=)&0
)(&!).9*)*(/=/0'*)!*
- 0.";(")- 0.".9)6/0@/**4=*4'**6*
*20=0'/0>!2#/*20=*/#/>'*)!*=(-**/*
0/-.--(".; )--(")9*0(($ /*0#01/#2(D0-*//0'/!0=(*/"&0-#0*("#110-/ /)##0D-*/5@
1*2-#/DD!2'*)1/&2)1*'#)"0!2=*0(*/!*000*#*001/212/0(#)#/0021//)0@2( */(!/'=5-14'.2*-1(
-/ /)#'()1-*/6*)0/'1#4()1(-/0/404!1*21+1*)@
..""&".9#4/0*000*00//0=)*0#4/0*0(2)#$-#*0
B<.-")
",)&) "92)
-,-)3"'91*1'#/-/*1!#/!#*)'
-2.-")9*)01)10)*0)5*0D
D
#/1#4#110=01*/ /)#0-/*$1#*'*)!*00-#0?/)0,"-<< 0E
=A2')/4'BF=&)(/-EF=')- )<<,&0!E=A2')/4'BF=')- )<<--0-< -(E
=A2')/4'BF@*)5*D=)*)1/D0 (/EF*/)"-)EF@
',)-/(",". #./";)&* ";0&/0-&;.,)-/"290-#'/'4)#*'+!#@
&2(".)"&;)0)(*'"94'*/#6*/).2)1*/ 3!#*#*#4/0#@
"',-),-"9)!)/'#-/#4
)("")(&".').& ".9MPCKIIN=KM 4/#/*E12/KIIIF
&'(/).,-),-"/-").9*0*)01)10)*001/*0*0/0-1#4*0
(2)#$-#*0E)*#0-*)$4'-/1*1'#/F
C<)(.-2);&)-"4)
+.;)0,-)%/).%"',&'(/).9/ /#/1/)0-*0#**')*1*/#'12/-/*0@*//(/!2'/()1#)##1#40.2
*)1/#2(-/*)0/4*00-#0-/0)10#)'2#)**0(($ /*0=)*(()1**)1/*'*-')10#)40*/0-/*(** '*/01
21+1*)=/.2'# #*'#)"0!2=#42'!*0)0##'#6*=1@'#)1D0*-/*&1*012*G
G@
.).9 D 0*'* /2/' E!/) /-/0)11#4# '*/01 *)0/4*F@ 1#'#6* *)+(# 12' D ) !)/'# 5-'*/* '*/01'@ 1#'#6*
-'-*-2'*D'6/=0-*/1*
./))(.-2);'.900-#0(.201*0*0-#'()1 10-*/'1/,0*0020"#110=)*(()1(*)*2'12/
2'#-1*5-)0*0-#0#)40*/0=-'-12/-/12/*-'**((@
)..#2"."(/-2(+.0/0-.,-.-2)90*)01)10)*')*1*/#'12/0-/*-*010*0012*0'*/*0@)/#()1=
-/0/4*5-)0*"#110-/*-$#*002-/0)=#)/()1*#42'!*0)0##'#6*= #0'#6*@
2(/0". ,-"-). ( ./) ,-.-2)9 -/*-/#1/#*0= = D= = @*/1* *21/0 #)01#12#,0 #)1$ #0= @*/1*= 00*#,0 '*#0=
(-/00 #'#/ '*/01'
D<)0'(/)-"".0&
,.=(3-/).-/) -";)0)-/))/)',>9
/#01/#2#*/)!1***1//#1+/#*=(*/"&0-#000*#0"#1100-$ #*0@
)/).9
E<"&") -"
*)0/4*M0-#0//0@(/2)##-''*)!*=KIIM
012*G #)#*(1**'*!#-/4'*/#6*!01*#0"#/*!/ #00$1#*0#)1/00)12/'(1//#1+/#*0/2/#0G=-/*(*4#*-'/D
*20
')*1*/#'12/
//0'*)!*D)1*-/0*/#/<(/2)##-''*)!*=KIIO
"!.0."5)
0."'*(")")&* ")>1(
'#.)/>10.//,"/
B>
(0"")
.?/@/01);1/#(+)#*#*'+!#*
"!&).,).;#'/1*/))0=7**2)0=.2'#1/*
02&0"'01&"5)?=''=@;JKCIHCJHIM
C>&'(0)/)&"5)
*" );B<C<E<E<
/" ())&)&;//01201=#0=01#'='*/0=1
/#=)&0
)(&!)/;*)*(/=/0'*)!*
. 1/"=("). 1/"/;)6/0@/**4=*4'**6*
*20=0'/0>!2#/*20=*/#/>'*)!*=(-**/*
10./..("/= )..(");*0(($ /*0#01/#2(C0-*//0'/!0=(*/"&0-#0*("#110-/ /)##0C-*/5@*0.2#'*
(/0-#)"'=*0(*/!*000*#*001/212/0(#)#/0021//)0@2( */(!/'=5-14'.2*-1(-/ /)#'()1-*/6*)0
/'1#4()1(-/0/404!1*21+1*)@
//""&"/;#4/0*000*00//0=)*0#4/0*0(2)#$-#*0
D>/.")
",)&) ";2)
.,.)4"';1*1'#/-/*1!#/!#*)'
.3/.");'(00-#0-/*1!#0-'#/1#4#110=)*)1/C0-*/5(-'*?.,)/D
E=)("(!DE=.0)>)>
',)DE=)1.")>!".)DE=%3&"DE=)&!)>.3)D=A20(*BE=
/-1"&)DE=0)1,".DE'). )>>..1.>,-1()D=A2')/4'BE=.0)>> 1?
@:'1/.(!)>>(0/>.()/?@:'1/.(!)>>(0/>.()/>,-1()?@:1"(!?@:.0)>
)?@:.0)>/".)?@:.0)>/>!).0/?@:3"/)>'."()?@:'1/.(!)>> 1?
@:.05(?@:'1/.(!)>()>>(0/>3.'&!)/?@:'1/.(!)>>(0/>3.'&!)/?@
',).0(","/ #/0"=)&* "=1&01.&=/,).0"3;0-#'/'4)#*'+!#@
&3("/)"&=)1)(*'";4'*/#6*/).2)1*/ 3!#*#*#4/0#@
"',.),.";)!)/'#-/#4
)("")(&"/')/& "/;
&'(0)/,.),."0.")/;*0*)01)10)*001/*0*0/0-1#4*0
(2)#$-#*0D)*#0-*)$4'-/1*1'#/E
E>)(/.3)=&)."5)
+/=)1,.)%0)/%"',&'(0)/;/ /#/1/)0-*0#**')*1*/#'12/-/*0@*//(/!2'/()1#)##1#40.2
*)1/#2(-/*)0/4*00-#0-/0)10#)'2#)**0(($ /*0=)*(()1**)1/*'*-')10#)40*/0-/*(** '*/01
21+1*)=/.2'# #*'#)"0!2=#42'!*0)0##'#6*=1@'#)1C0*-/*&1*012*F
F@
/)/; C 0*'* /2/' D!/) /-/0)11#4# '*/01 *)0/4*E@ 1#'#6* *)+(# 12' C ) !)/'# 5-'*/* '*/01'@ 1#'#6*
-'-*-2'*C'6/=0-*/1*
/0))(/.3)='/;00-#0(.201*0*0-#'()1 10-*/'1/,0*0020"#110=)*(()1(*)*2'12/
2'#-1*5-)0*0-#0#)40*/0=-'-12/-/12/*-'**((@
)//#3"/"(0.3(+/101./,./.3);0*)01)10)*')*1*/#'12/0-/*-*010*0012*0'*/*0@)/#()1=
-/0/4*5-)0*"#110-/*-$#*002-/0)=#)/()1*#42'!*0)0##'#6*= #0'#6*@
3(01"/ ,.".)/ ( /0) ,./.3); -/*-/#1/#*0= = C= = @*/1* *21/0 #)01#12#,0 #)1$ #0= @*/1*= 00*#,0 '*#0=
(-/00 #'#/ '*/01'
F>)1'(0).""/1&
,/?(4.0)/.0) ."=)1).0))0)',@;
/#01/#2#*/)!1***1//#1+/#*=(*/"&0-#000*#0"#1100-$ #*0@
)0)/;
G>"&") ."
*)0/4*L0-#0//0@(/2)##-''*)!*=JHHL
012*F #)#*(1**'*!#-/4'*/#6*!01*#0"#/*!/ #00$1#*0#)1/00)12/'(1//#1+/#*0/2/#0F=-/*(*4#*-'/C
*20
')*1*/#'12/
//0'*)!*C)1*-/0*/#/<(/2)##-''*)!*=JHHN
#".0.#5*
0.#(+)#*#*'+!#*=1)
#4/=/-#/-.*0!#/
A=
)0# #*
.>/?/01*:20$),*$+$+(,"$+
#"'*.-*.:$(02+0**1>8++3*1>/3($20+
02'0#(01'#5*><((<?:KLDJIDKIJN
B='()0*/*'#5*
+#!*:A;B;D;E;
/#!)**'*':0012312>$1>12$(>(+01>2
0$>*'1
*)'"*/:+*+)0>01(+*"+
.!1/#<)#*.!1/#/:*701@0++5>+5(++7+
+31>1(01?"3$0+31>+0$0?(+*"+>).++0+
10./. .)#/<!*. .)#*:.01*2111*$()*2*+10$+100$0+31@0$+$)+.01*2!3*.$1%+(*+20)+!$*(@
//##'#/:$501+111+11001>*+1$501+1)3*$%.$+1
C=/.#*
#-*'*!#:3*
.-.*4#(:62*1++10$+1
.3/.#*:+*12*21*+*6+D
$02$5$221*+*20)D1*!=*=*.0E
F>+*.'*
E
>A3(*05(BF>-)&*.E>A)0$"+BF+.1#3*E
F>((-.#=(.#)"
(-*.0)#-#/!$/0#<*'+!#<1'01.'</-*.0#3:1.$(0(5*$+(,"$@
'3)#/*#'<*1*)+(#:5(+0$7+0*/3*2+0!4"$+$+$501$@
!#(-.*-.#:*"*0($ .0$5
*)##*)'#/(*/'!#/:MPCKIIN>KM!50$0+E230KIIIF
'()0*/-.*-.#0.#*/:+1+*12*21*+1120+1+101.2$5+1
)3*$%.$+1E*+$1.+*%5(.02+2($0F
D=*)/.3*<'*.#5*
,/<*1-.*&0*/&#(-'()0*/:0!0$020*1.+1$++(*+2+0$(230.0+1@+00)0"3(0)*2$*$$2$51/3
+*20$3).0+*105+11. $1.01*21$*(3$*++1.$61>*+))*2++*20+(+.(*21$*51+01.0+)++!(+012
32,2+*0$$0$*#E"(0$0$.%+(F>0/3($!$+($*#1"3>$53("+1*1$$($7+>2@($*2D1+.0+'2+123+G
G@
/*/: D 1+(+ 030( E"0* 0.01*22$5$ !(+012 +*105+F@ 2$($7+ +*,)$ 23( D * "*0($ 6.(+0+ !(+012(@ 2$($7+
.(.+.3(+D(70>1.+02+
/0**)/.3*<(/:11. $1)/312+1+!2111*$()*2.(.+(3$++13#$22@
*//$3#/#)0.3),/ 101./-./.3*:1+*12*21*+(*+2+0$(2301.0+.+121+1123+1(+0+1@*0$)*2>
.0105+1($*#1"3.0+.%$113.01*>$*0)*2+$53("+1*1$$($7+>!$1($7+@
3)01#/ -.#.*/ ) !/0* -./.3*: .0+.0$20$+1> > D> > @+02+ +3201 $*12$23$-1 $*2%!$1> @+02+> 11+$-1 (+$1>
).011!$($0!(+012(
E=*1()0*. ##/1'
-/>)4.0*/.0*!. #<*1*.0* *0*(-?:11+$+1+10$+100$0+31
*0*/:
F=#'#*!. #
+*105+M1. $1001@)03*$$.((+*"+>KIIM
123+G!$*$+)2++(+"$.05(+0$7+"12+$1#$0+"0!$11%2$+1$*2011*230()200$2,0$+1030$1G>.0+)+5$+.(0D
+31
(*+2+0$(230
001(+*"+D*2+.01+0$0=)03*$$.((+*"+>KIIO
#".0.#5*
0.#(+)#*#*'+!#*=1)
#4/=10.//-#/
A=
)0# #*
.>/?/01*:1/#(+)#*#*'+!#*
#"'*.-*.:#'/1*/))0=7**2)0=.2'#1/*
02'0#(01'#5*><((<?:JKCIHCJHIM
B='()0*/*'#5*
+#!*:A;B;D;E;
/#!)**'*'://01201=#0=01#'='*/0=1
/#=)&0
*)'"*/:*)*(/=/0'*)!*
.!1/#<)#*.!1/#/:)6/0@/**4=*4'**6*
*20=0'/0>!2#/*20=*/#/>'*)!*=(-*
*/*
10./. .)#/<!*. .)#*:-/0)1000)#'()1)*0/#*0//#/*20@/#*#(*-/0)1 2)-#0$*')*1/(* #)'@
//##'#/:#4/0*000*00//0=)*0#4/0*0(2)#$-#*0
C=/.#*
#-*'*!#:2)
.-.*4#(:51)0**0/#*0
.3/.#*:'(00-#00'4!2/0-'#/1#4#110=**//(-*/5@?*.*=*(1(D
=)(#0(*#/#*E=)!1#
D
=A(/#!*BE*/'*=*=*.0D
E@
(-*.0)#-#/!$/0#<*'+!#<1'01.'</-*.0#3:0-#'/'4)#*'+!#@
'3)#/*#'<*1*)+(#:4'*/#6*/).2)1*/ 3!#*#*#4/0#@
!#(-.*-.#:)!)/'#-/#4
*)##*)'#/(*/'!#/:
'()0*/-.*-.#0.#*/:*0*)01)10)*001/*0*0/0-1#4*0
(2)#$-#*0D)*#0-*)$4'-/1*1'#/E
D=*)/.3*<'*.#5*
,/<*1-.*&0*/&#(-'()0*/:/ /#/1/)0-*0#**')*1*/#'12/-/*0@*//(/!2'/()1#)##1#40.2
*)1/#2(-/*)0/4*00-#0-/0)10#)'2#)**0-#50=)*(()1**)1/*'*-')10#)40*/0-/*(** '*/01
21+1*)/##/#)"D!'/#/#-$*'E=/.2'# #*'#)"0!2=#42'!*0)0##'#6*=1@'#)1C0*-/*&1*012*F
F@
/*/: C 0*'* /2/' D!/) /-/0)11#4# '*/01 *)0/4*E@ 1#'#6* *)+(# 12' C ) !)/'# 5-'*/* '*/01'@ 1#'#6*
-'-*-2'*C'6/=0-*/1*
/0**)/.3*<(/:00-#0(.201*0* 1000)#'()1-'-*'2#**02"#11@
*//$3#/#)0.3),/ 101./-./.3*:0*)01)10)*')*1*/#'12/0-/*-*010*0012*0'*/*0@)/#()1=
-/0/4*0'#)"0!2-/*-$#002-/0)=#)/()1*#42'!*0)0##'#6*= #0'#6*@
3)01#/ -.#.*/ ) !/0* -./.3*: -/*-/#1/#*0= = C= = @*/1* *21/0 #)01#12#,0 #)1$ #0= @*/1*= 00*#,0 '*#0=
(-/00 #'#/ '*/01'
E=*1()0*. ##/1'
-/>)4.0*/.0*!. #<*1*.0* *0*(-?:00*#*0*0/#*0//#/*20
*0*/:
F=#'#*!. #
*)0/4*L0-#0//0@(/2)##-''*)!*=JHHL
012*F #)#*(1**'*!#-/4'*/#6*!01*#0"#/*!/ #00$1#*0#)1/00)12/'(1//#1+/#*0/2/#0F=-/*(*4#*-'/C
*20
')*1*/#'12/
//0'*)!*C)1*-/0*/#/<(/2)##-''*)!*=JHHN
"!-/-"4)
/-"'*(")")&* ")<0(
,/".<.,".,-)/ ".
@<
(/"")
-=.>./0)920$),*$+$+(,"$+
"!&)-,)-9$(02+0**1>8++3*1>/3($20+
/1&/"'/0&"4)=;'';>9LMDKJDLJKO
A<&'(/).)&"4)
*" )9@:A:C:E:
." ())&)&90012312>$1>12$(>(+01>2
0$>*'1
)(&!).9+*+)0>01(+*"+
- 0.";(")- 0.".9*701A0++5>+5(++7+
+31>1(01?"3$0+31>+0$0?(+*"+>).++0+
0/-.--(".; )--(")9+10.2$12 )3)$120$3$+(0">)+0#'1.$1+)6$" *$11.%!$1#$221A+06A>+
("02+DD"312+.02+++%2$+)1+105D111*$()*2'3*2+($*#1"3E+1A5$12++)0"3(0$*+0$+$)+FA
..""&".9$501+111+11001>*+1$501+1)3*$%.$+1
B<.-")
",)&) "93*
-,-)3"'92+2($0.0+2"$0"$+*(
-2.-")9+1*6+1D
D
$02$5$22112.01*2+& -/)<< 0E
F?+*12*2*+*6+D
12)-<<
--0-E
FA
',)-/(",". #./";)&* ";0&/0-&;.,)-/"291.$(0(5*$+(,"$A
&2(".)"&;)0)(*'"95(+0$7+0*/3*2+0!4"$+$+$501$A
"',-),-"9*"*0($.0$5
)("")(&".').& ".9NQBLJJO>LN!50$0+E230LJJJF
&'(/).,-),-"/-").9+1+*12*21*+1120+1+101.2$5+1
)3*$%.$+1E*+$1.+*%5(.02+2($0F
C<)(.-2);&)-"4)
+.;)0,-)%/).%"',&'(/).90!0$020*1.+1$++(*+2+0$(230.0+1A+00)0"3(0)*2$*$$2$51/3
+*20$3).0+*105+11.$1.01*21$*(3$*++10.2$1>*+))*2++*20+(+.(*21$*51+01.0+)++!(+012
32,2+*>0/3($!$+($*#1"3>$53("+1*1$$($7+>2A($*2D1+.0+'2+123+H
HA
.).9 D 1+(+ 030( E"0* 0.01*22$5$ !(+012 +*105+FA 2$($7+ +*,)$ 23( D * "*0($ 6.(+0+ !(+012(A 2$($7+
.(.+.3(+D(70>1.+02+
./))(.-2);'.911.$1)/312+1+1.$()*2!21.+0(20-1+1131#$221>*+))*2)+*+3(230
3($.2+6.*1+1.$1$*51+01>.(.230.0230+.(++))A
)..#2"."(/-2(+.0/0-.,-.-2)91+*12*21*+(*+2+0$(2301.0+.+121+1123+1(+0+1A*0$)*2>
.0105+6.*1+#$221.0+.%$+113.01*>$*0)*2+$53("+1*1$$($7+>!$1($7+A
2(/0". ,-"-). ( ./) ,-.-2)9 .0+.0$20$+1> > D> > A+02+ +3201 $*12$23$-1 $*2%!$1> A+02+> 11+$-1 (+$1>
).011!$($0!(+012(
D<)0'(/)-"".0&
,.=(3-/).-/) -";)0)-/))/)',>9
0$120$3$+0*"2+++200$2,0$+>)+0+("02+G"312'11+$+11*$()*2($*#1"3>*/3*2+/3+0DD
!0030130")7+*1*+12>*+))*2(0$01A
)/).9("02+DD"3C+0DD!0030E!+2+1@'++)+32$*#+F
E<"&") -"
+*105+N1.$1001A)03*$$.((+*"+>LJJN
123+H!$*$+)2++(+"$.05(+0$7+"12+$1#$0+"0!$11%2$+1$*2011*230()200$2,0$+1030$1H>.0+)+5$+.(0D
+31
(*+2+0$(230
001(+*"+D*2+.01+0$0=)03*$$.((+*"+>LJJP
"!-/-"4)
/-"'*(")")&* ")=0(
,/".=0/-..,".
A=
(/"")
->.?./0):1/#(+)#*#*'+!#*
"!&)-,)-:#'/1*/))0=7**2)0=.2'#1/*
/1&/"'/0&"4)><''<?:HIAGFAHFGK
B=&'(/).)&"4)
*" ):A;B;D;F;
." ())&)&://01201=#0=01#'='*/0=1
/#=)&0
)(&!).:*)*(/=/0'*)!*
- 0."<(")- 0.".:)6/0@/**4=*4'**6*
*20=0'/0>!2#/*20=*/#/>'*)!*=(-**/*
0/-.--(".< )--("):*0/-1#01(2(#01/#2#*'/!=(*/"&0-#0*(5#!)#00-$ #0"#110A-*/5@=0
*/0AA!2"#1()0-/*5#(#0/#*0/##/*0@
..""&".:#4/0*000*00//0=)*0#4/0*0(2)#$-#*0
C=.-")
",)&) ":2)
-,-)3"':1*1'#/-/*1!#/!#*)'
-2.-"):)00//0**//(*21/00-#0'(0-/*1!#0-'#/1#4#110.2)/#.2("/-1* 2)-/0)1=*(*-*/5@?
)='"/--(")BC=)-== 0==)&-BC=)-== 0=2",-"(BC=)-==.B
C=.-)BC=& -/"3==) BC=)-==,-(.=/-"/"&<0-=,./).BC=
&"-()<)-==2"-)BC=)-=-/"-BC=& -/"3="-"BC=& -/"3=)='/)
>?92#)-=)-(0>
?;
',)-/(",". #./"<)&* "<0&/0-&<.,)-/"2:0-#'/'4)#*'+!#@
&2(".)"&<)0)(*'":4'*/#6*/).2)1*/ 3!#*#*#4/0#@
"',-),-":)!)/'#-/#4
)("")(&".').& ".:
&'(/).,-),-"/-").:*0*)01)10)*001/*0*0/0-1#4*0
(2)#$-#*0B)*#0-*)$4'-/1*1'#/C
D=)(.-2)<&)-"4)
+.<)0,-)%/).%"',&'(/).:/ /#/1/)0-*0#**')*1*/#'12/-/*0@*//(/!2'/()1#)##1#40.2
*)1/#2(-/*)0/4*00-#0-/0)10#)'2#)**0/-1#0=)*(()1**)1/*'*-')10#)40*/0-/*(** '*/01
21+1*)=/.2'# #*'#)"0!2=#42'!*0)0##'#6*=1@'#)1A0*-/*&1*012*D
D@
.).: A 0*'* /2/' B!/) /-/0)11#4# '*/01 *)0/4*C@ 1#'#6* *)+(# 12' A ) !)/'# 5-'*/* '*/01'@ 1#'#6*
-'-*-2'*A'6/=0-*/1*
./))(.-2)<'.:00-#0(.201*0*0-#'()1 10-*/'1/,0*0020"#110=)*(()1(*)*2'12/
2'#-1*5-)0*0-#0#)40*/0=-'-12/-/12/*-'**((@
)..#2"."(/-2(+.0/0-.,-.-2):0*)01)10)*')*1*/#'12/0-/*-*010*0012*0'*/*0@)/#()1=
-/0/4*5-)0*"#110-/*-$#*002-/0)=#)/()1*#42'!*0)0##'#6*= #0'#6*@
2(/0". ,-"-). ( ./) ,-.-2): -/*-/#1/#*0= = A= = @*/1* *21/0 #)01#12#,0 #)1$ #0= @*/1*= 00*#,0 '*#0=
(-/00 #'#/ '*/01'
E=)0'(/)-"".0&
,.>(3-/).-/) -"<)0)-/))/)',?:
/#01/#2#*/)!1***1//#1+/#*=(*/"&0-#000*#0"#1100-$ #*0@
)/).:'#/)*B *1*?/.2'4#1/*C
F="&") -"
*)0/4*J0-#0//0@(/2)##-''*)!*=HFFJ
012*D #)#*(1**'*!#-/4'*/#6*!01*#0"#/*!/ #00$1#*0#)1/00)12/'(1//#1+/#*0/2/#0D=-/*(*4#*-'/A
*20
')*1*/#'12/
//0'*)!*A)1*-/0*/#/<(/2)##-''*)!*=HFFL
! ,.,!2(
/-(- ",!(-
!(,,!,
?;
'.!!(
,<-=-./(8 634.4%'3&.4
! %(,+(,8-3&&+8A.4!&4
.<:&&:=8MQFLKFMKLP
@;%&'.(-(%!2(
)!(8?9A9?
-!'((%(%8 3345645 &4F3&. 33 &3
('% (8.-.,3A+.-$.
,/-!:'!(,/-!-8-: 3 4 C 3..8A.8 +. .:.
.64B$6&3 .64A.3 &3B+.-$.A,1. .3.
/.,-,,'!-:(,,'!(83&. 33 &3
--!!%!-8: -%A453. .6 A +/&A.:..64AD
A;-,!(
!+(%(!8&45 ,4& &3&-%.4
,+,(1!&8 3 LQ*, 95 -4.-..- +%. +.-$. QAR*,-..- +%. .-.,3
,0-,!(83&. 33 &3-4 -..- +%. .4 33 &3 4$6-.3&..64A+6$3 & &3 &,A#3 $6 4& .: .64A.- +%.
.-.,3C46&%&3.$3#&13 4 -56,3 5.5+ LRO,MC 3.33 3 ON, .,13&, -5..+.-$..46-&'1&.4 .4 33 &3A3 4A+.-$. .-.,3C4,3$ -4.3&.4..-45&56'41.3$+ 3&3&1'.+3& &8 34&#&A ,#&94264 .-5'-64.- .,&-
13 4 -.4,& &3.4 #3 &9.4A.-45&56&-.6,&,1.35-5 3 #7$&.13#6-C45 634. $65 , + 81.5 -&+& 1&4$'45& +: 3A
4+& -5-.F4 .#5. -53-4&. -53 .,6-&'1&. +.-$. .-.,3538 4433 +44&#&.,4'5&. 563MKKKA.,
3 + 8-& ,5 3,.4$ .+/$&.4 -13 4 38. 41!& 4 #+.3 #6-.,&-5 3 44 -&.-+ .,6-&53&.C.,.5+A. .44&45 ,!3&. ,
&.&8 34& A8 3&#&-.F4 13 4 -E 1 -"-& 6,-7, 3..-4& 38 + 41!& 4., 45565. 13.5 .C
&+(,.'!+!-"-.!:(%)!:/%./,%:-+(,.!083&. 33 &3 1&4$ , -8.+8 -5 G8+ .3&. 33 &3H5 ,$3- 1.5 -&+1&4$'45&. 41 &+3 + 8-& .+/$&C
%0'!-(!%:(/(')&!8+.3&:.3 -26-5.13.,.. 3 #7$&. &.&8 34& 646#365.-563 :C
!&+,(+,!87+& 13&8
('!!('%!-&(-%!-8 &$6A 4 38$3&.+&.-+A 4 38
.+/$&&.-+A 563MKKK
%&'.(-+,(+,!.,!(8.-46+53453.-.43 41 5&8.4,6-&'1&.4
B;('-,0(:%(,!2(
*-:(/+,($.(-$!&+%&'.(-80 4 .-4 38.1.-56&4.,.+&,1 :4 ,3$ -4.,8&4513.,..3 61 3.-563+
8 $ 5.3&1'.+65/5.- 13.) 5.,&4.-4&45 -5 3 61 3..3&. 33 &3F.33 -5 &. 33 &3F ,13 3&.,&8 344 -5& 4C
-(-8, $ ,1.4$3&.+4A538!4 -5&$.44&45 ,4 3 $A1 4 41.35&8D
-.(('-,0(:&-848+.3 426+& $6- 44&5, 4 3, +%.3.4A&9.4-'8 &4 #&&"-&4&-#3 4565634 4- , -5.G ,1.HA,6 45. .-4 38.3 4- , -5.A 43$4 $643 4&6&41.-56&4
(--"0!-!'.,0'*-/./,-+,-,0(8 &426 8&4 ,13 4 38..43 634.4%'3&.4A,1+&. , +%.3&.#6-&.-, -5..4
4&45 ,4 4- , -5.4&.A,&4&86+$. 4 -4&&+&:.C ,.-3 5.A +.3. 6,1+-. 3 61 3.A.-4 38. 13.,..&-5 $3.
..33 .3#+68&+. 33 &3A26 .-5 ,1+ .-4 38..4%&554-563&4.64 ,&-563&486+- 38 &4.6, .4A3 -563+&:. 3 $ - 3. .44&45 ,4A.-4 38.4 41!& 4#+.3'45&4 #6-'45&4,&43 + 8-5 4C 41.+6&..3&. 4 64#+6 -5 4A-.5/3& 8&.4
4.33"-&4 ,&-4 45&84 #&&"-&4-.535, -5. 3 -$ , $643 4&6&4C
0'./!- +,!,(- ' -.( +,-,0(8 ,13 44 .- 44&.-3&4 $64
&-45&56&0 4& -5'#&4AC.35.A44.&0 4+.&4A ,13 44#&+ &3#+.3 45+
4- , -5.7 A 13.13& 53&.4A A FA A C.35.
.6534
C;(/&'.(,!!-/%
+-<1,.(-,.(,!:(/(,.((.(&+=853..3&. 33 &3 -53..4+&,&5 43 13.5 $&
(.(-8G3&. 33 &3-: -% . +&,1 :.,8.+6-53&.4H
D;!%!(,!
334 +.-$.F-5.13 4.3&3@,36-&&1+ +.-$.AMKKR
456.I #&-&. , 5..+.$&138+.3&:. $ 45. &4%&3.$3#&4 4'5&.4 &-5 3 44 -563+ ,5 33&5/3&.4363&4IA13.,.8&.1 + 3F
.64 ! ,.,!2(
/,-(- ",!(-
!((/-
>:
'.!!(
,;-<-./(7301+1"$0#+1
! %(,+(,7
+1#1=0#
++3*1
.;9&&9<7ILBHGBIGHJ
?:%&'.(-(%!2(
)!(7>8@8?
-!'((%(%7
('% (701=+*+)0
,/-!9'!(,/-!-7!3#0+31=+0#0>+5(+A+7+
+31
/.,-,,'!-9(,,'!(70#++31
--!!%!-705#0#
@:-,!(
!+(%(!7#12)1##0#*"+1
,+,(1!&762*1+2+2(KJ')
,0-,!(70#++31*1)+30=(!3#01=1!3*)0!)#0#2+0#++30+=&3*2+.+5+++7++31=+*+)0?+)
3)62*1+KJ')=#12*B1.+0JJJ')I#*(3#+)+ (3*2.0#*#.(+0#+00#0+320+1)*+01#)*1-1=+)++7#++
5(3)?
&+(,.'!+!-"-.!9(%)!9/%./,%9-+(,.!07).+02*2+00+0+(,!#+=0#+).20#),*#+*230(=.01*2#*12*21 0!)*2+1
13*2307+0#!#*(=+)3)(5#501#"#221/3105)0 4!#+3) 3* (+0#501# #?0#++31+4*#+)2+
#++30+.7(0!0.+.3(-10.0+32+01.#61)#!0+01*0+)+1B.#61/31+5)*+10#+111*5+(5)*+)0?)
1.#(=().0#B)0#*"=+15(15("1+1.#1/3#60)10.0+37#0*#+0#++30+.+0311200!*1=/3
20)#*)0123)B50=/3)+1200)1000#01#*20*1.+*$5#1.01211.#1?
%0'!-(!%9(/(')&!7(+0#7+0*/3*2+.0+)++0 4!#+#+#501#313 032+*2307?
!&+,(+,!7.4(#.0#5
('!!('%!-&(-%!-7#!3=105!0$+(#+*(=105
+(,!##+*(=230IGGG
%&'.(-+,(+,!.,!(7+*13(20120+*+101.2#5+1)3*#$.#+1
A:('-,0(9%(,!2(
*-9(/+,($.(-$!&+%&'.(-7-1+*105+.+*23#1+)+(#).71)0!*1+)5#12.0+)++03.0+*230(
5!2+0#.$+(32,2+*.0+&2+)#1+*1#12*203.0++0#+00#0B+00*2#+00#0B).00#+)#5011*2#1?
-(-7,!).+1!0#+(1=2051*2#!+11#12)10!=.11.+02#5@
-.(('-,0(9&-715(+01/3(#!3*11#2)10)("+0+1=#6+1*$5#1 ##*#1#* 01232301
1*)*2+C).+D=)312++*105+01*)*2+=10!1!3101#3#1.+*23#1
(--"0!-!'.,0'*-/./,-+,-,0(7#1/35#1).0105++10301+1"$0#+1=).(#+)("+0#+ 3*#+*)*2++1
1#12)11*)*2+1#+=)#1#53(!+1*1##(#7+?)+*02+=(+0+3).(*+03.0+=+*105+.0+)++#*2!0+
++00+0 (35#(+00#0=/3+*2).(+*105++1"#221*230#1+31)#*230#153(*05#1+3)+1=0*230(#7+
0!*0++11#12)1=+*105+11.#1 (+0$12#1 3*$12#1)#10(5*21?1.+(3#++0#+131 (3*21=*+2,0#5#+1
1+00*#1)#*112#51 ##*#1*+202)*2+0*!)!3101#3#1?
0'./!- +,!,(- ' -.( +,-,0(7 ).011 +*11#+*0#1 !31 1*)*2+= = .0+.0#20#+1= = B= = ?+02+ +3201
#*12#23#-1#*2$ #1=?+02+=11+#-1(+#1=).011 #(#0 (+012(
B:(/&'.(,!!-/%
+-;1,.(-,.(,!9(/(,.((.(&+<720++0#++31*20++1(#)#210.0+2!#
(.(-70#++31=01
C:!%!(,!
123+E #*#+)2++(+!#.05(+0#7+!12+#1"#0+!0 #11$2#+1#*2011*230()200#2,0#+1030#1E=.0+)+5#+.(0B
+31
! ,.,!2(
/-(- ",!(-
!(!&(
>:
'.!!(
,;-<-./(71./)/ ".!)/
! %(,+(,7(.!!&3
.;9&&9<7DG>CB>DBCF
?:%&'.(-(%!2(
)!(7>8@8@
-!'((%(%7..01/0>.!)!')
('% (7&)()
,/-!9'!(,/-!-7&)()
/.,-,,'!-9(,,'!(7!!.)!');!!.)(0./!)!')
--!!%!-7!3./)/&)!/-1.(0.)!3&)();-1.0.3/)///)/)/),..0<1/0;'',)
@:-,!(
!+(%(!7!/0'/!!.!( )/
,+,(1!&7.G;F%';/())(/0!01"),).1/.!!./-1/
1(',.).'.).!)/!')
,0-,!(7
!( 1)(/0!01",).1/.!!./,.)3(!(0/)!/&)!/!&)()?.!!.!').!!.)(0./@-1
0.3//'!/1(',.).'.).!)!')(4)(& ;-1/1,&4)(&)./0&?/),..0<1/0@0/1.().!)
..!.()&1.4( <
&+(,.'!+!-"-.!9(%)!9/%./,%9-+(,.!071./) ".!)-14&!)!&)()/../;.(3&).,!/"/0!)
()''(0(4)(&)./0&;/,!&.&3(!)&*!3!),./(('!/')/!.!)/1(<
%0'!-(!%9(/(')&!7&).!4).(-1(0),.)')).2!)!)!3./!1/1.10)(01.4<
!&+,(+,!72&!,.!3
('!!('%!-&(-%!-7
!1;/.3)&*!!)(&;
01.DBBB
%&'.(-+,(+,!.,!(7)(/1&0./0.)?1(!",!)&)()@
A:('-,0(9%(,!2(
*- 9(/ +,($.(- $ !&+%&'.(-7 +/ &!',4/ '.(/ )' 3!/0 ,.)')) .1,.) (01.& 30) .!,")& 10*0)( ,.)$0) .1,.) ) .!) !') > -1&!!) !/"/0! / .(/ ) !) !') > ' ,..! )' ',./ )(//!)(.!; .&!4) '
DBBE;-13!/)10);!(0!!)))/,)&1!)././,0!3&!'!()<
-(-7,,-1(/ ).0/=',)/.")&/
-.(('-,0(9&-7-1&!1'& ).)1/1/0(!&'(0/DBBE;/()/'/)/0.(/).)//!(./0101./
/('(0))'1/0))(/.3)&1'/&/;/./1/./!1!/,)(01!/01/,).,.0!1&./<
(--"0!- !'.,0'*- /./,- +,-,0(7 !/ -1 3!/' ,./.3) )/ .1./)/ ".!)/; ',&!) '& ).'(0) ) 1(!)('(0) )/
/!/0'//('(0)/!);'!/!31&)/(/!!&!4)<
0'./!- +,!,(- ' -.( +,-,0(7 ',.// )(//!)(.!/ 1/ /('(0); ; ,.),.!0.!)/; ; >; ; <).0) )10./
!(/0!01!+/!(0"!/;<).0);//)!+/&)!/;',.//!&!.&)./0&
B:(/&'.(,!!-/%
+-;1,.(-,.(,!9(/(,.((.(&+<7
(.(-7.!)!')
C:!%!(,!
../&)()>(0),./).!.:'.1(!!,&&)();DBBH
! ,.,!2(
-,
>:
'.!!(
,;-<-./(70."'*(").-1)&* ")
! %(,+(,7102/
.;9&&9<7JJ?HI?JHIMB.2"/0'HO?IH?JHIMC
B.2"/0,).."/0"(1.".C
?:%&'.(-(%!2(
)!(7?8>8>
-!'((%(%7/.
('% (7&)( )
,/-!9'!(,/-!-7&)( )
/.,-,,'!-9(,,'!(70"01LI5IHDJO<NKE:)( "01P5JQDHH<MJE:B&2)INM'0/C
--!!%!-71)
))B/&0),.&&)C@,.1./),/0.E2.'&!)EB'"(!)#( .'C@'"(!)/&)./0"/
@:-,!(
!+(%(!7." )
,+,(1!&7
,0-,!(7)(2"/2(.)!-1/.2." )<
&+(,.'!+!-"-.!9(%)!9/%./,%9-+(,.!07)//-1').')/,."'".)/,)2))./9()(0(0)9(..(0
1/09%1(0))
."".).9()(0.')/!'=/.>-10./.2")." ))/()//)/(0,//)/(-1(0))./.)&0)./<
%0'!-(!%9(/(')&!7."-14)/.1./)/(01."//../(0
1/0"//,.0!'1"0)0',))"(0.//))''</
2/0# ")//1,// ')&)( ))0',),)')/.2.@/(,"/ ')'))/)/0&)&<
!&+,(+,!7."2)
('!!('%!-&(-%!-7#0")',).0(")'1("0."E&)( )E9
"(/.")(01.JHHH
%&'.(-+,(+,!.,!(7)/)(/0(0/()//0.)/)/./,0"2)/
'1("#,")/B()"/,)(#2&,.0)0&".C
A:('-,0(9%(,!2(
*-9(/+,($.(-$!&+%&'.(-7(/.")().-1&)4*")&)( )
-(-74.B'"(!C
-.(('-,0(9&-7//"0/"(&"4)<'/;2(&"/')9"((")/&)./0"/
(--"0!-!'.,0'*-/./,-+,-,0(7.&"4)/01)2&)."4).-1)&* "))&)&
0'./!-+,!,(-'-.(+,-,0(7.),."0.")9//)"+/&)"/9
B:(/&'.(,!!-/%
+-;'1,.(-,.(,!9(/(,.((.(&+<7
(.(-7
C:!%!(,!
9
)-1"'&2/),/@"&&&&)( )@1/."+/"/0*."9/.",)9)/01'/)(1'(0)/9).0)9IQHL9,<MO9KML
!00,;??333<2&)( )'"(0&<)'?"&/?"!".)OA.0."4)../<,
! ,.,!2(
('/&'.(-&%".!(-
&(,'!(
>:
'.!!(
,-./(786*/20*1659$1.2(*!1
! (&+!%+(,76*0820**.;
.;9&&9<7OW9POHQOPT
?:%&'.(-(%!2(
)!(7?8>8?
-!'((%(%7/1#$60#*1
('% (76$#$7
,/-!9'!(,/-!-7(9*6#$197
/.,-,,'!-9(,,'!(7FISQXTQFPTVXXVI.896FPVW/
--!!%!-7$.$786#RPXIQK$/#*6$"1$.6$7LE01!/*0)1$759$6#-90816$74$8*;4.!7*0.%8*!
@:-,!(
!+(%(!7109/$081$(.+8*!1
,+,(1!&7
,0-,!(7109/$081'90$66*146%I)*7826*!1E!1/PW/#$#*/$861E!/6!*6!9.6$!166$#16!1/16*$08"116#$78$#$$78$*17$/5968=*81G
6981#;0#.*="146$7$089/!68$6!$086.!1/PTO/#$461'90#*##$G109/$08177$/$.)08$7'16/*#$08*'*!#17$/61.)170'6$(9$7*
#$$#7G
&+(,.'!+!-"-.!9(%)!9/%./,%9-+(,.!07/416808$/6!104*7($/!1/18$78$/90)1659$1.2(*!1#46$7$0")9/0#9608$1
/*.%0*1GG
%0'!-(!%9(/(')&!7*08$6$7708$466$!1078*89*"1)*7826*!$#141081#$;*78896+78*!1
!&+,(+,!71/+0*146*;#1
('!!('%!-&(-%!-768?RS#1G;*710?URQVEEQ>7%6*$E0?XW#$QQ#$/*1#$QOPSG
A:('-,0(9%(,!2(
*- 9(/ +,($.(- $ !&+%&'.(-7 61-$81 #$ ;.16*="1 !1I'*00!*#1 4$.1 61(6/ Y I $667 #1 197E 59$ 4$6/*8*9 6$.*="1 #$
86 .)17#$.*/4$=E#$.*/*8"1!1/!$6!#$/#$*6E!1.1!"1#$4*0$.*08$646$88*;1$6$74$8*;7*0.*="1;*6*G
-(-7*7*8716*$08#7#141081#$;*784$#(2(*!1I#*#8*!1464: .*!1$7!1.6$($6.G
-.(('-,0(9&-70#.*7/1E*0!&0#*17'.16$78*7G
(--"0!-!'.,0'*-/./,-+,-,0(76 .)176$(9.6$7#$.*/4$=#;$($8"1
0'./!- +,!,(- ' -.( +,-,0(7 46146*$86*17E E IE E E G 1681 $ 19867 *078*89*"3$7 !*$08+'*!7E 771!*"3$7 .1!*7E
$/46$77'*.$*6'.16$78.
B:(/&'.(,!!-/%
+-;'1,.(-,.(,!9(/(,.((.(&+<7681'181/4#1#$6$#$7
(.(-7
C:!%!(,!
PXQQIPXQS
EGGGKPXROLJ2./$0#1#61K0#1/LG$#'! $&''%G*7 1G1.GE4GPIPP
EGGE
EGGGGKPXXSLJ1;74*08967012./$0#1#1K.86E6$#$7E1681LG0&% $ &% &$ $&'G*7$9F$0861#$789#176%I*7826*!17#$*6.8EPXXSG4GRWRIRXR
EGGGKPXWQLJ&% $& $&', %&$& $& G1681F!9.##$#$$867#0*;$67*##$#11681EPXWQG
EGGKPXXOLJ " $-%&!$ %&$& $& % &%%$&%G1681F!9.##$#$$867#0*;$67*##$#11681G$786#1$/
659$1.1(*G4GPOIPSEK41.*!14*#1L
EGGKQOOTLI$ %"( $ .$ & $( /G$.826*1*0.G$<81#!8*.1(6'#1G
"!-/-"3)
./-).
@<
(/"")
-./0)975).1/)0548#0-1') 0
"!)',"&,)-95)67)/"85#)5F5)/71/))-:
/=;'';>9T[KUTKVTUY
A<&'(/).)&"3)
*" )9A:@:B
." () ) &)&9 MUN 6750 "# 08 #F MVN 6750 "# )6F MWN 6750 "#
/75)FMXN/7867
)(&!)9MUEVEXN-0/'0FMWN5#"#6
- 0.";(") - 0.".9 MUE XN -0/'0F MVN .30K05"0F MWN
05#)5
0/-.--(".; )--(")9
6750"#08 #MUN
6750"#)6MVN
T
T
T
T
XU T]OYVHTXOO\ V]OTZHZVOOM#-#:!0LUTV.#7506N
6750"#/75)MWN
XU UTOTTH\]OO\ V\OXUHWZOOM#-#:!0LVV[.#7506N
;GLVWV]X<GUY\Z[TM#-#:!0LXT\.#7506N
6750"#/7867MXN
LWTUZVEYZKUZ[YYTEW[
..""&".9
6750"#08 #MUN
675"0"#08 #L-0/'0
6750"#)6MVN
8"61:06# .)/(06&-05#67)6F055#"05 0-1') 0L-0/'0
6750"#/75)MWN
#660 #55 "# /7 5)E 3#- #675" WU]LV 6#'8)5 5/")0E
6750"#/7867MXN
8"5#/706085#)50088H)/0L-0/'0
B<.-")
630:0"06 675#,06-0 -)=.L6#'#/#5) .#/7##.30/706-706 0. 0/")!2#6/785)6"#"#&#6#6).8-7/#.#/7#"# 0/750-0:)68-605#
#/:0-:#/7#H67#7)30"#30:0.#/70M#-#/ "0/#67&) (N#/ 0/75L6#/6#556"00570##;3/"#L6#35#67##8"0#67#E/8. 0/7)/8)""#
"#&#/6):# 0/750-0"#/:0-:#/7#E75:$6"06 67506)"#/7)&) "06 0.006750"#50-(06E00/7#"067#-0#0-70"067#-0M
0/"0.5NH
./-))0=@>
",)&) "90:0"0
-,-)2"'9
-1.-")9"#6)'/"0I6750"#08 #J0 838.087#)50"# 0/&)'85!055#"0/""6)78"0.#)#/ 067/:#57#/7#8-"#55"#/7
867E605/ #)500)0#55#)5#-"#)"0.#6.0/0.#H
03#5*.#750"06*7)0548#0-1') 0)"#/7)&) .L6#.0/70"06"#3#"5"# 0/6758!0#-'8/67-8"#65#:#-"05#6"#.85-(6083-7&05.6"#
0/6758!0H0&-/ 0057##05"#67#35# #)"#/7)&) 5L6#8.350::#-&066048#5#&05!:"#&#6"0-"0.)6:8-/#5:#-H0-0/'0"#/ 067
)"#/7)&) .L6#)/9.#506:#67*')06 #5.) 06"#$30 50./L7$'8-E #5.) 0.8.#I7#556)')--7JH
.05/06#/"0"#"#6 575()317#6#"#0-0 -30668)50 83!035$L50./E"""#"0#550E06:#67*')06.)6#:)"#/7#630/7.358.
).3057/7#0 83!0"03#5*0"050./0E #57.#/7#660 )"#;3-05!085*&#5"#55"#/7867HM)/#:)60"0"#-0/'0L678"0
6# 705)-"#548#0-0')L#-715)0)/-L/#;0EVTUXN
./-)".=A>
",)&) "90:0"0
-,-)2"'9
-1.-")9-0 -75") )0/-.#/7#"#6)'/"0/)-)0'5&) 0.0I6750"#)6J 055#630/"#7030'5&) .#/7#8.3-7&05.#5#.7#"#
#63050-0 -)="0/:#57#/7#057#"#55"#)6E605/ #)500)0#55#)5H-0 -548#0-1') 0#/ 0/75L6#.8)70&#7"03#-).3-/7!0/68
5#"#8.3067##-$75) 0#3#-#5785"#8.-5'0#675"048#56'08#3-/080-0 -H3#65"675/6&05.!2#60 055)"6 0-0 .06.8)75#6#5:
-66)&) !0"#67#6*7)0548#0-1') 0 0.0I6750JH#& 70/06#)"#/7)&) .:#67*')06"#.85-(6/#.7030'5&)35# #6#5.)6"#48"35
#67#7)30"##67#-# ).#/70H#631-)0548#0-1') 048#6#)"#/7)&) 683#5&* )#L#.'5/"#48/7)""#L/05#:#-7.$.:#67*')06)/#48*:0 0648#
3066.6#575)8*"068.30:0"0 675#,035$L50./0H8"030/766).3548#6##67#,#.35#6#/!"#8.6*7)050./0L30:0"0"#-7)78"#48#
30"#5)/06#5&057)&) "0L
#57.#/7#5#- )0/"0 0.6#;3-05!2#6.)/#)565#')67"6/6).#")!2#6H3#65"06"/06:#5)&) "06E3#5./# # 0.08.6*7)0548#0-1') 0
).3057/7#48#85'##678"5#6-:'85"5HM)/#:)60"0"#-0/'0L678"06# 705)-"#548#0-0')L#-715)0)/-L/#;0EVTUXN
./-)(/
-"=B>
",)&) "90:0"0
-,-)2"'9
-1 .-")9 0 - 0. 0/")!2#6 /785)6 "# "#&#6E #; #-#/7# "0.*/)0 :)68-E 660 )"0 :5)06 75-(06 .)/#)506 50./06 0. 0 #:#/7830:0"0&057)&) "0H35063#!0548#0-1') 3#5.)7)8)"#/7)&) 5&5'.#/706"# #5.) )/ 5 7#5*67) 06H
./-)(/0./=C>
",)&) "90:0"0
-,-)2"'9
-1.-")963050-0 -)="0/:#57#/7#"#55"#/7867E&05./"08.3-7&05.:)5"#67#H05#-715)0"0"#U]]Y5#&#5#L6#0
35# ).#/70"#-'8.I#631-)0#6 660J48#35# #30/758.I 50/0-0')75)8*:#-050/=#)/-JMU]]VNH.:5)6:)6)7648#
#&# 78.060-0 -/06#)"#/7)&) 5.683#5&* )#48)648#5)/"* )06)/#48*:0 06"#8.0 83!0/7)'E& 7048#30"#5#675 055#- )0/"0 0.6
&5 6 0/")!2#6"#06#5:!0.07):"63#-0 0#570:#'#7-H35# ).#/70"#V. ("06"#7-0 0."0)6/$)6E#.50/=#E"07)300/7#'8"0
WYE75)8*"06050/=#)/-E350:#/)#/7#6"0-70"#/786730"#50#6755#- )0/"06 0.#67#-0 -M)/#:)60"0"#-0/'0L678"0
6# 705)-"#548#0-0')L#-715)0)/-L/#;0EVTUXN
',)-/(",". #./";)&* ";0&/0-&;.,)-/"195#6).3057/7#635#678"5&05. 0.0"# 055#8030:0.#/70"07#55)715)0#68
#:#/78--)'!0 0.#;3-05!0.)/#)5$30 50./H66*7)06548#0-1') 06MUEVEXN#/ 0/75.L6#)/:#/75)"06/0"#-0/'0#0W/0"#
5#"#6
&1(".)"&;)0)(*'"9#/"#")/.)=50307#/ )-785*67) 0## 0/1.) 0"5#"#)6'#.507#')"E 0.).3 706/0"#6#/:0-:).#/70
"066#5:)!06#"0 0.$5 )075") )0/-H
"',-),-"90.*/)035):"0MUEVEX#WN
)("")(&".').& ".9*7)0"#.3057/ )0.8/)75)P-0/'0PE)/6#5)"0/#"#785VTTTMUEVEXNF)6'#.507#')"0 -"6#556"#7867
#)6MUEVEXNFMUEVEXNF35035)#""#35):"MUEVEXNF57?WX"0H:)60/?ZWV[EEV>6$5)#E/?]\"#VV"#.)0"#VTUXMWNH
C<)(.-1);&)-"3)
+.;)0,-)%/).%"',&'(/).9
.).9-05#67./))(.-1);'.9/"-)6.0MUEVEXEWNF/ %/")06&-05#67)6MUEVEXEWNF57) &-05#67-MUEVEXEWNF#6305706.0705)="06MXEWN
)..#1". "(/-1(+. 0/0-. ,-.-1)9 MUEVEXEWN #:# 6#5 ./7)" 5# "# 3507#!0 548#0-1') #67#-# )" /0 H " ).3057/ ) "0
-0 - # " 68 350::#- 5#-!0 0. #;3-05!0 85*&#5 50./E ,867)&) L6# 5#-)=!0 "# 8. 350,#70 "# ")'/167) 0E #678"0 # :-05)=!0 548#0-1') "0-0 -H
MVN 678"06 # )/7#5:#/!2#6 548#0-1') 6 # #:#/78- "37!0 35 )5 8)70 785*67) 0H 6*7)0 548#0-1') 0 #/ 0/75L6# )/:#/75)"0 /0 H .32#L6# 8.
350'5. "# .#")"6 85'#/7#6 35 .)/).)=5 6 "#6758)!2#6 5#')67"6 # #:)75 /0:6 &#7!2#6 "#67# :-05 548#0-1') 0H /75# 6 !2#6 "#6#/:0-:#5
5# 0.#/"L6#5#-)=!0"#60/"'#/6548#0-1') 6#0"#6:)0"0#675"0H
MXN678"06#)/7#5:#/!2#6548#0-1') 6##:#/78-"37!035 )5 8)70785*67) 0
1(/0". ,-"-). ( ./) ,-.-1)9 35035)#75)06E E LE E E H 0570 # 08756 )/67)78)!2#6 )#/7*&) 6E 660 )!2#6 -0 )6E
#.35#66&)-#)5&-05#67-MUEVEXEWN
D<)0'(/)-"".0&
,.=(2-/).-/) -";)0)-/))/)',>9
=@>./-))08=A>./-)".
&070)/#:)60"0"#-0/'0L678"06# 705)-"#548#0-0')L548#0-0')Q75).0/)0
)/).9
6750"#)6MVN
6750"#/75)K570&070.3"0"#5#"#6
6750 "# /7 867 MXN &0706 )/ #:)60 "0 "# -0/'0 L 678"0
6# 705)-"#548#0-0')L548#0-0')Q75).0/)0
E<"&") -"
7):)7$)/)$5##7.7-85')48#3#/"/7-O'#"850/=#80578'-L/)6" H)%/ )6"00570EU]WWL0.0E3H]
550 EHHL !
#"# !$!" # M6$ NE0570EU]\[E3HUZY
.)-0E048).086L!" (!#!! !#" "+EMU]\VN
-EHL857-/7)6 (#/50/=#=#)7)/0578'-L
#5./)EY\EU]\TE33VYLUUY
("06#0875060,#706"#50/=#L86#8 )0/-05#6"06#)6E0570EU]XZE/H?VU\E33ZU#ZV
#/"#6055#L630:0635).)7):06"86)7/)L0570EU]V]E3VWV
#/"#6L)/70E 06$ 5 #-0 / (#6 L " # * !"# " H -0/'0G .5
8/) )3-EU]]V
#);070E0 (L
8)"086#88/) )3-"00570L0570EU]TVE/H?[E3UX
E 06$ 5 #-0 L )/#5!0 "0 850 #. 30 0./ /6 #556 "# /7 867 # )6 M-0/'0NE )/ 0-#7). 8-785- " .5 8/) )3- "#
-0/'0MN8-70E/H?UE8-(0"#U]]V
)/70E8)#53L ("06"#50/=#"086#88/) )3-"00570L0578 -#E0570EU]V]E3HXVU
E#H048).-:#603#6L)!#! !!" (! (!"#!#"!H0570G<30'53()0#-(0HU]TXH
)-:E 5./"0 0#-(0 H " L 8-785 675#, /0 050#67# "# 0578'-H .5 8/) )3- "# !06 "# #55#)5E 86#8 548#0-1') 0 " )7/) "# /&)/6E
!06"##55#)5EU]\Z
#".0.#4*
.'"*/(#)#.*/*'0**/0'*
@<)0# #*
./01*931%*-+%,104,)-#%,
#"'*.-*.91%23%+41%1
0=;((;>9JOBJKBLJKO
A<'()0*/*'#4*
+#!*9A:@:C:@:
/#!)**'*'9)3,,23),
*)'"*9),+#,
.!1/#;)#*.!1/#/9),+#,
10./. .)#/;!*. .)#*9NKºKJFKQ?SLFFRºLRFMQ?POFFD)5,CKLL*31,2E
//##'#/94,,,,442311C/1412,/231G*1),GD*%+$,"),123)E
B</.#*
#-*'*!#9%+
.-.*3#(9
.2/.#*91104,)-#%04,+5+%,+*,22%#+1/,1@,+(4+3,%+%1,,)3,,23),A ,*/,23/,1Q),%2,+2%+3%"%*
523&#%,26/),1.2*%+%12+3%#2=2(*)2/,,2=#)1%2,4,132 413,?4/*/)3",1*24/1%,12513+324**%,
1,$,2,@)3,,23),A=2%34,+,+")4!+%,%,%*,,*,%,11%1?D%+5%2,,),+#,C234,23,1%)104,),#%C
)3-1%,%+)C+6,=LJKNE
(-*.0)#-#/!$/0#;*'+!#;1'01.';/-*.0#2913%2/),),#%?,(,,(3,5%2%32%+31/133%522+2%%)%7,D631%,1E
'2)#/*#';*1*)+(#9,(,*)*3%,11?+%+*%71,/,3+%)341&23%,,+-*%,=,*%*/3,2+,
2+5,)5%*+3,,2215%,2,,* 1%,31%%,+)?
!#(-.*-.#9,*&+%,/1%5,
*)##*)'#/(*/'!#/9&3%,
*/,13+%,*4+%31%G),+#,G=%+21%,+341LJJJB%2#*1,3#%,)21123423
%2B
C<*)/.2*;'*.#4*
,/;*1-.*&0*/&#(-'()0*/9%+)%7,
/*/9%2%3,D631%,1C%+3#1,+,1412,231*1),E
/0**)/.2*;(/9/1,/.C24*1/1,3,041+(23,+(4+3,?
*//$2#/ #)0.2),/ 101./ -./.2*9 234,2 104,)-#%,2> ,+215, +5,)5+3? ,*, 2 4* 2313 #% 2)5#41 5),1%7, 042= %*/.C2 1)%7, , )5+3*+3, 2%23*3%,= ,* 131%7, ),)%7, 1%#,1,22= 3,,2 ,2 523&#%,2 6%23+32 +23
1= 04) 51 21 "34 ,* , +5,)5%*+3, %13, 2/%)% 104,),#%? 1,/.C2 %+ 04= ,* 2 +, )5+3*+3, 1)%71=
2( %+2314&, 4* /1,22, )22%"%, 23 +,35) ,+(4+3, /31%*,+%) 04 22#41 4* #14 24/1%,1 /1,3, )#) ,+31%4 /1 /1,*,,,241,+$%*+3,%54)#,?D%+5%2,,),+#,C234,23,1%)104,),#%C)3-1%,%+)C+6,=LJKNE
2)01#/-.#.*/)!/0*-./.2*9/1,/1%31%,2=
=C===?,13,,4312%+23%34%.2%+3&"%2=22,%.2),%2
D<*1()0*. ##/1'
-/=)3.0*/.0*!. #;*1*.0* *0*(->9
*0*/9
E<#'#*!. #
=,2 1),C%+1,,41,*/,,*++2112+3423%2D),+#,E=%+,)3%*4)341)*14+%%/)
),+#,DE4)3,=+?8K=4)$,KSSL
#".0.#4*
.'"*/#)#.*/#/
@<)0# #*
./01*964(-0.(/437"/,0&(/
#"'*..2#/0-*.94(56(.!74"(4
0=;((;>9QVHQRHSQRV4"8(56"-RVHQXHSQRV
A<'()0*/*'#4*
+#!*9A:@:C:@:
/#!)**'*'9"44!"(5
*)'"*9,/.&/
.!1/#;)#*.!1/#/9-2/I/4!/
10./. .)#/;!*. .)#*9URºRQLQRGWRLLYºSYLSZGYULLJ","8 /IRUU-"64/5K
//##'#/9"55/"44!"(52",7!508/5"2/56"4(/4-".6"2/4-(.'/5%,/4"56(5
B</.#*
#-*'*!#992,/4 /-(."(4
.-.*3#(9
.2/.#*9/.+7.6/!".6(&5-(.5"%/+/5!""92,/4 /!"/74/!#2/4/-.
(-*.0)#-#/!$/0#;*'+!#;1'01.';/-*.0#29//.+7.6/4","8.(24/!/%/+/!/5"6/5!"&4.!"!(-".5/"!/-(4/,(-37"
%8/4""724"5". !"52#("G
'2)#/*#';*1*)+(#9/+/"-,"-6(/!"44D24"5".6".-"-04(!"-7(6/5'(6.6"5G".!"!(.-(;4/2/6".(,674)56(/"
"/.0-(/!D/-(-26/5./!"5".8/,8(-".6/!/55"48( /5"!//-#4(/64!((/.,G
!#(-.*-.#9/-).(/24(8!/
*)##*)'#/(*/'!#/9)6(/!"-2/46.(/-7.(64(M,/.&/MD(.5"4(!/."!"674SQQQH(5&"-4/6"&(!/,!5"445!"6756"
(5H
C<*)/.2*;'*.#4*
,/;*1-.*&0*/&#(-'()0*/9567!/5(".6)%(/5
/*/9.8"56(& /
/0**)/.2*;(/9.$.!(/5%,/4"56(5E!"52/46/5-/6/4(;!/5E2,.6 /"7,(26/
*//$2#/ #)0.2),/ 101./ -./.2*9 /-/ 5" !" 7- "5646#&( !" 5,8&74! " 8,/4(; / !"37!5D (-21"I5" 4",(; / !/
,"8.6-".6/ 5(56"-6(/D /- 46"4(; / " ,/,(; / 4(&/4/55D !"565 "56476745D / 37, !"8"4 5"4 "%"67!/ /- / ".8/,8(-".6/ !(4"6/ !
"52"(,(!!" !" 437"/,/&(G 4/21"I5" (.! 37"D /- 5" ./ ,"8.6-".6/ 4",(;4D 5"+ (.5647)!/ 7- 24/"55/ !" ,55(%( / !"56" ./68", /.+7.6/
264(-/.(, 37" 55"&74" 7- &47 572"4(/4 !" 24/6" / ,"&, " /.64(7 24 24/-/ / !/ 5"7 4"/.'"(-".6/ " !(87,& /G 6".!".!/ 37" ,&7-5
-(.5 5/ '(66"5 !" "52#("5 !" /.5"48 / 24(/4(64( "56" "567!/ 5"4( 46(7,!/ /- (/,/&( 24 / "567!/D -/.(6/4(; /D 8,/4(; / " 24/6" /
!/5-"5-/5G
2)01#/-.#.*/)!/0*-./.2*924/24("64(/5DDID
DDG/46/"/7645(.56(67( 1"5(".6)%(5D55/( 1"5,/(5
D<*1()0*. ##/1'
-/=)3.0*/.0*!. #;*1*.0* *0*(->9
*0*/9
E<#'#*!. #
D/4&"!"I/-./467&,GU8/,5GD4(5N'(,,(25D4-(.56"4D.&,.!DRZYYG
D 7)5 !" ,737"437" " I '!/5 /-./5 . (. !/ /+/ !5 /-5 J,/.&/KG (. M567!/5D /65 " 4,'/5 !/ "48( / !" /-".6/ (."(4/MG
/,J5GTIUKG/46/F!( 1"54.75GRZWRG
D ,7!" I M.64/!76(/. ,L"67!" !"5 -(."5 !L/4 !7 ./4!I/7"56 !" , #.(.57", #4(37" !.5 ,L.6(37(6#MD "&(/ "-(.D "0.D RZXQD 2G SVTI
SYWG
D,7!"I6,/&7"!"5-(."5"6!"5%/.!"4("5.6(37"5!",#.(.57,"#4(37"GS8/,5G(%%75(/.!"/4!D!4(!DRZYX
D,7!"I"5-(."5!",#.(.57,"#4(37"!.5,L.6(37(6#4/-(."G/,"4. (5"!"/-"D/-RZZQG
ID /5# 4",/ .'"5 I -(."4 / !/ /74/ "- #2/ 4/-. .5 "445 !" .6 756 " (5 J,/.&/KG (. ,((F ! /-.(!!" "4-.(;(0.G 4/,"-5 '(5604(/5 " 7,674(5D J65 !/ "./.64/ (".6)%(/ ". '/-".9" "4-). /7; 4": JRZQRIRZXTK I .6(&/ !" /-2/56",D
7674/RZZSKD.6(&/!"/-2/56",D75"/!///
,"&/DRZZTD2GSYXITRRG
"537(6D.60.(/I"
ISQRQ
D/5#4",/I(."4 /!/74/"-2//-..5"445!".6756"(5J,/.&/KD(./,"6(-7,674,!-47.((2,!"
,/.&/JK7,6/D.G=RD7,'/!"RZZS
D "4"5 I /.6" 0;(.'/F 2/.6-".6/5 5/4" /72 / ".64" /75 " -"& "- #2/ /-.G ".%(", I /,"6(- 7.((2, !" 7,674D T<
#4("D.=RDRZYUG".%(",F-47.((2,DRZYU
! -/-!3(
-% (.&!'!-(.'/
-!
'$.
@<
'/!!(
-=.>./0(9<:.364.5:9=(526,.%5
! %(-+(-9:.4<64..2?(<!2.)2.@
/=;&&;>9\bR[ZR\Z[_
A<%&'/(.(%!3(
)!(9A:@:C:@:
.!'((%(%9(::;'(4<:.(41;
('% (954'53:K:('(;
-0.!;'!(-0.!.9(2:(;S,=.:'(5=;K5$:(.:
0/-.--'!.;(--'!(9
..!!%!.95:%3.4-5;+25:(;<.;8:<.:'52=,:'(,=.:5=4<53$
B<.-!(
!+(%(!9(;<(3=4-5;:5345;R515;K%5:<;K,2(:.;(85&5;
-+-(2!&9
-1.-!(9(;<!:(3.4(.:K(@825:&#5:(354<8(253(45; 8:(;(4&'5;:5345;4:(,.#5K(4<:(5;;)%=25;('NN;<:$2-5;
:(2.B'5;85:(;<(85?5%5::(;854'(34;=3.5:.3.4(:&#5;=$<(::"4((31B.,5;'(5=:5+.254.45;'5<.85=T;(=T$N
;<:$2-5;3.4(.:5;%54;.;<(3(;;(4%.23(4<((3%5:<;K+515;K,2(:.;(85&5;%534/?(.;'((@<:&#59=(85'(3%-(,:5;aZTbZ3'(8:5+=4'.''(N
;,2(:.;(85&5;;(:?.38:(?%=&#5'(!,=(3.4):.5K8:%.:%=2&#5'5;3.4(.:5;(3<(:..;(8:?(4<.2&#5N
32,=4;'(;<(;<:$2-5;)85;;/?(25$;(:?:T;(;3:%;'58.%58:'(;354<((5;4.%-5;8:%525%&#5';2=%(:4;UP=%(:4!:.5;QN
!:(3.4(.:54'(;((4%54<:3(;<(;<(;<(3=4-5;+5:32?5'(<:$2-5;85;<(:.5:(;K(4<:(5;9=.;;('(;<%%54%(;;#5'(;.,4'85:5&5
5345K.4;(:.'455=<5.4(.:5';41;N
&+(-/'!+!."./!;(%)!;0%/0-%;.+(-/!19:(,.#5:(?(25;(=8:.4%.82.4<(:(;;(4/?(2%=2<=:2(8<:.354.28(25%541=4<5'(<:$2-5;
3.4(.:5;9=(45;1='3%538:((4'(:-.;<6:.'3.4(:&#55254,5'5;<(385;N
:('(,:4'(.4<(:(;;(8.;,/;<.%5K54'(;('(;<%5'53/4.5'52%4%(?.;=2;5$:((4?52?(4<((3,4.+.%?.;<;5$:(5.55=:5N
;<()=3<(::.<6:.5$;<4<(8:5%=:'58:;'.?(:;;8:!<.%;'(;85:<.?;V%3.4-';K<:.2;K5'5<(::(45KOWK'(?.'5 ;%:%<(:/;<.%;35:+526,.%;'5
<(::(45( ;8.;,(4;>4.%;K3=.<;?(B(;%54+(:.';8(25;8:68:.5;<:$2-5;3.4(.:5;4<.,5;N
%1'!.(!%;(0(')&!9;<)=3:(,.#53.4(:(.:9=(%54<.4='(;8(:<:5.4<(:(;;(8:8:5;8(&#5'5;'.?(:;5;3(<.;9=.(@.;<(4<(;N
!&+-(+-!9:.?'5
%&'/(.+-(+-!/-!(9''5;%54;<4<(;45;%';<:5;'5;:(;8(<.?5;
('!!('%!.&(.%!.9:<D]^(^['5N?.;54D`]\aKK\C;):.(K4D 3=4.%/8.5;V4#5'.;854/?(28:<5<2.''('!:(W
cb'(\\'(3.5'(\Z[^
C<('.-1(;%(-!3(
*.;(0+-($/(.$!&+%&'/(.9
.(.925:(;<2
./(('.-1(;&.9(?52?.3(4<5'(<(::;'=:4<(+25:(;<&#5'((=%2.8<5;L:(2.B&#5'(<.?.''(;'(;85:<.?;3=.<;?(B(;;(3<(:
(3%54;.'(:&#58(:%=:;5;3(45;.4?;.?5;R'(;<:=<.?5;'5;(2(3(4<5;8<:.354..;(@.;<(4<(;N
(.."1!.!'/-1'*.0/0-.+-.-1(9(;<='5K;.42.B&#5K;(4;.$.2.B&#5
1'/0!. +-!-(. ' ./( +-.-1(9 8:58:.(<!:.5;K K TK K K N 5:<5 ( 5=<:; .4;<.<=.&7(; %.(4</+.%;K ;;5%.&7(; 25%.;K
(38:(;+.2(.:+25:(;<2
D<(0&'/(-!!.0%
+.='2-/(.-/(-!;(0(-/((/(&+>9
(/(.9.,:95:<8'/-%92(:.8!-:95&5?(:<.%29=':4,=2:
E<!%!(-!
KNV[cc]WU;3.4(:2.B&7(;'($T=':(,.#5=:.%5T(.:#N5:<5M%=2''(.*4%.;'4.?(:;.''(5:<5N\?52;K8N`ZaN(;('(
5=<5:3(4<5
.:(&#5(:2'((525,.(.4;T:5%(;;54ND^bT5=<5.4(.:5';41;
.:(&#5(:2'((525,.(.4;T:5%(;;54ND\Zc^T5&55345
.:(&#5(:2'((525,.(.4;T:5%(;;54ND[baT2(:&2
.:(%&#5(:2'((525,.(.4;T:5%(;;54ND[c`T.$(.:';<4-(.:
.:(&#5(:2'((525,.(.4;T:5%(;;54ND\[\T2(=4'5
.:(&#5(:2'((525,.(.4;T:5%(;;54ND\]]T(::'(54<(B(25
KNV\ZZbWU54<:.$=.&7(;8:5(;<='5'5<:.364.5(526,.%5(.4(.:5'554%(2-5'(:('(;N5:<5M%=2''('(.*4%.;'4.?(:;.''('5
5:<5N\?52;N.;;(:<&#5'((;<:'5N
KNNNK[c]bU(2<6:.5'([Z'((?(:(.:5'([c]bN:5%(;;5\Zc^V5&55345W'5:9=.?5'(8:<.&#5'(.4;N
KL
KNLKNLKNNV\Z[[WT.4(:&#55344554%(2-5'(:('(;V5:<=,2WN4N%<;'(29=.4<554,:(;54<(:4%.542;5$:(
.4(:/A<2=:,..;<6:.%;(4(2=:5;<(=:58(5V(64T\ZZbWN(64MK8N^`]T^aZ
KNLKN
KLKNNV\Z[[$WT.4(:&#5534'(5=:545=4.%/8.5'(:('(;M5(@(3825'(::'(4<:.(
(::';41;N4N%<;'5.386;.5;5$:(.4(:&#5((<2=:,..;<6:.%;45='5(;<(=:58(=V.2(2-'56'#5T\Z[ZWN$:4<(;K8N[\_T[^\
KMLKNL
KNLKNNV\Z[[%WT54<:.$=.&#58:5(;<='5'3.4(:&#5:534'(5=:54(::';41;N4M
KNNNLKNNNLKNNNNLK1NV55:'WT5?53(4<5((@825:&#5'5;:(%=:;5;3.4(.:5;4=:58<2"4<.%
%.'(4<2N:,MRN
KNNV[bb\WU(2<6:.5;5$:(5:(%54-(%.3(4<5'3.4'(2(+=4'5N(B(3$:5'([bb\N:5%(;;54ND\[\V2(+=4'5W'5:9=.?5'(8:<.&#5'(
.4;N
KNNL
KNLKNLKNLKNV\Z[[WT8(2'5=4.%/8.5'(:('(;425:.B&#5'5<:.364.5,(53.4(.:5N
54<:.$=<5'5;.;<(3;'(4+5:3&#5(5,:!+.%N4M%<;'54%54<:5'(:9=(525,.(=<:9=.;N;%.;M"3:=4.%.82K8N[b]T[cb
KNV[cb^WU54<(6B.4-5T854<3(4<5;5$:(%=8&#5(4<:(5=;("3(,(3
85%534N(4+.(2T52(<.3=4.%.82'(=2<=:N
(4+.(2N]C(:NK[K8N[ZbT[\[N
KNV[cb_T[cb`WU54<:.$=.&#58:54?(4<!:.5:9=(526,.%5'554%(2-5'(:('(;V5:<5WN5:<=,!2.N5:<5M4;<.<=<5'(:9=(525,.'
%=2''('((<:;'4.?(:;.''('55:<5N5?):.(U52NTK8N[ZaT[[_N
54.+!%.5
$#/1/$5+
/(#+0)$*$/+0*1201
A=*1$!$+
/012+:97+031+276:%2/3)+"2
$#(+/.+/:7+89+1$:7%+7
1><))<?:U^JVUJWUVZ
B=()*1+0+($5+
,$"+:B;A;D;A;
0$"*++(+(:%77$%19:89
+*(#+:/21)2
/"20$<*$+/"20$0:/21)2
21/0/!/ *$0<"+/!/*$+:
00$$($0::$%19%/%1F:$7%19282:7%+72FII!+12F:$%I2 2
C=0/$+
$.+(+"$:=5/27# 20+1%+7
/./+4$):
/30/$+:21.:192$%XX/2"+8$%%=5/27# 20+1%+7F"20252#28F)/%7+82:"2798"&:!%792I
%89%"21.:192F2$%8+)1$22.2$820!8&20+8"21*%"+$29&5%/7%/%<1"+76:%2/3)+"$$%8"2!%79128%:+19%7+27$%:0
/:"%71$28&":/2$II+18+9:F1:01+"*2YW0$%572(:1$+$$%%:0"21.:192129<%/$%$2>%<828$%!721>%$28(+18$28&":/22:
$28+1,"+28$28&":/2$III
).+/1*$.$0"%01$<+(,"$<2(12/(<0.+/1$3:7%/%<1"+597+021+/$%89%21.:1925288:+572.%"# 2+19%71"+21/F082"21*%"+0%192
$%9/*$282!7%20%802&+1$0:+92%8"882F("926:%"2189+9:+:0(279%/":1%9%0+05%$+$2:0$%6:$%8979&)+$%8/<):7$%
</27+># 2I2"$22.2$820!8"20:0+0)%0%=:!%719%I288:+90!&00+"72"/+06:%(<27%"%:57%8%1#$%85&"+%87+"*201%8
85%"+28:0I79+"$%%85%/%2/2)+I2.22!.%92$%<+8+98+19%757%99+<8%$%8%18+!+/+># 2I
(3*$0+$(<+2+*,)$:2.2%0!/%09+"2$%77F57%8%19%10%037+$%0:+928*!+919%8I%1$%$+10+>72529%1"+/9:7,89+"2%
%"2130+"2$F"20+05"92812$%8%1<2/<+0%192$288%7<+#28%$2"20&7"+297$+"+21/I
"$)./+./$:/):08%897:9:780+1%+7%89 2%09%77%12857+<$282:9788 2$2$20,1+25;!/+"2K
+*$$+*($0)+0("$0:,9+2$%052791"+20:1+97+Q/21)2QF+18%7+$21%$%9:7WUUU
D=+*0/3+<(+/$5+
-0 <+2 ./+'1+0 ' $).()*1+0: 128 [UF 20%192 +1%+72 K 97!/*28 76:%2/3)+"28 L%1"2197$8 VX 5%#8 K :0 /:"%71 %0 "%70+" % $+<%7828
7%"+5+%19%8 0%9/+"28F %=52898 12 9:/ MG K /%<190%192 9252)7(+"2G K 6:+8+# 2 9%77%12 % <%$# 2 L+(% 9:7%>MF $29# 2 $% "21$+#4%8
57<+8+9# 2F"2182/+$# 2F8+1/&9+"F"20!9%+1<8278J7%(/27%89# 21%1<2/<%19%
0+0:1<%89+)# 2F<+8+98):+$8F%85%/%2/2)+
01++*0/3+<)0:1"'1$+28(/27%89+8G<1$/+802G%85%/%2/2)+
+00%3$0$*1/3*-0!212/0./0/3+:%8"<#4%876:%2/3)+"8G%89:$28%+19%7<%1#4%8%897:9:7+857"218%7<# 2%%=518 2$2"+7":+92$%
<+8+9# 2122.2$820!8G"218%7<# 2$%1<2/<%19%I
"21.:1925288:+:07%$%5729%"# 276:%2/3)+")%7/F12F6:%+19%)790!&0221.:192$%77$%+8I2$<+F%897%
1 2+1"/:+$%8+)1$
/%7+$:+19$<19F$%9%"9$%0$95289%7+27I202!8%$%:0%8979&)+$%8/<):7$%
</27+># 2$%6:$8F+054%K8%7%/+># 2$2/%<190%1928+89%09+"2F"20"7"9%7+># 2%/2"/+># 27+)27288F$%92$2828
<%89,)+28%=+89%19%81%897%F6:/$%<%78%7%(%"9:$"202%1<2/<+0%192$+7%"92$%85%"+/+$$%$%76:%2/2)+I7254%K8%+1$
6:%F"20!8%12/%<190%1927%/+>7F8%.+1897:,$2:0572"%882$%"/88+(+"# 2$%89%129<%/"21.:192597+021+/6:%88%):7%:0
)7:8:5%7+27$%5729%"# 2/%)/%"2197+!:5757202# 2$28%:7%"21*%"+0%192%$+<:/)# 2I
3*12$0 ./$/+0 * "01+ ./0/3+: 57257+%97+28F F KF F F I 2792 % 2:978 +189+9:+#4%8 "+%19,(+"8F 882"+#4%8 /2"+8F
%057%88(+/%+7(/27%89/
E=+2)*1+/!$$02(
.0>*4/1+0/1+"/!$<+2+/1+!+1+).?:
+1+0:
2.2$820!8
2.2$/&7+
F=$($+"/!$
F27)%$%K201279:)/IY<2/8IF7+8R*+//+58F70+189%7F1)/1$FV^]]
F IG F IG F IG F I K :+19 $ <19F /21)2I 1(270# 2 57%/+0+17 $28 7%8:/9$28 $28 97!/*28 76:%2/3)+"28I
%/937+252/+"25+$2I2792FWUUZ
F IG F IG F IG F I K :+19 $ <19F /21)2I </+# 2 $2 +05"9% $2 72.%"92 % 0%$+$8 $% 0+1+0+># 2I %/937+2
52/+"25+$2I2792FWUUZ
F IG F IG F IG F I K %8:/9$28 57%/+0+17%8 $ +19%7<%1# 2 76:%2/3)+" 1 :+19 $ <19F /21)2I "98 $2 +0538+2 $% +1%7# 2 % %9/:7)+ +8937+"8 $2 :$2%89% :725%:F 2792F WVF WW % WX $% :1*2 $% WUUZ J "20+9& 27)1+>$27 /%=1$7% %+9%III N%9 /IO G
"20+9& "+%19,(+"2 :725%:F 2792F WVF WW % WX $% :1*2 $% WUUZ J "20+9& 27)1+>$27 /%=1$7% %+9%III N%9 /IO G "20+9& "+%19,(+"2701$2 2%/*2III N%9 /IOI K
2792H
HFWUU[IK5IV]ZKV^]
FIGFIG
FIGFIGFIK80+18$%2:7272018$8%778$%/21)2H:0<+8 2$28%:+19%7+27I
"98$2+0538+2$%+1%7# 2%%9/:7)++8937+"8$2:$2%89%:725%:F2792FWVFWW%WX$%:1*2$%WUUZJ"20+9&27)1+>$27/%=1$7%
%+9%IIIN%9/IOG"20+9&"+%19,(+"2701$22%/*2IIIN%9/IOIK2792H
HFWUU[IK5IZ]VKZ^X
F:,8$%/!:6:%76:%%K"*$28201281+1$22.2$820!8L/21)2MI+1Q89:$28F298%7!/*28$2%7<+#2$%
20%192+1%+72QI2/L8"IXKYMI2792H$+#4%871:8IV^[V
F /:$% K Q1972$:"9+21 /P%9:$% $%8 0+1%8 $P27 $: 127$K2:%89 $% / &1+18:%/ !&7+6:% $18 /P19+6:+9&QF %)+2 %0+1F %31F V^\UF 5I WZXK
W][
%86:+9F1931+2K!
KWUVU
F28&7"%/2K+1%7# 2$2:72%052"20118%778$%19:89%+8L/21)2MF+12/%9+0:/9:7/$07:1+"+5/$%
/21)2LM:/92F1I?VF:/*2$%V^^W
#".0.#4*
3-'*.*(#)#..*()/1).#
@<)0# #*
./01*91/#(+)#*/.2*'+!#*
#"'*.-*.9/#01#)2/#/
0=;((;>9HHAFGAHFGKC/4#01*(FMAGFAHFGKD
A<'()0*/*'#4*
+#!*9A:@:C:A
/#!)**'*'9//#0
*)'"*9'*)!*
.!1/#;)#*.!1/#/9(-*B*/*
10./. .)#/;!*. .)#*9401$!#*0#0-/0*0-*/1*//#0((00)*010
//##'#/900*//#0-'20+4*0A*201/**2-*01/#*/()1-*/(#)"*0 '*/01#0
B</.#*
#-*'*!#9(#)/*/*()A"#/2'#
.-.*3#(9
.2/.#*9//#0 */(#)1# #04/#001/212/0/'#*)0*(5-'*/*(#)#//*()/'#71/401)#0
"#/2'#0=)*(()1)#001#()1*!2=1).20/1)*!2=0*(/#/07*)01/'"*0(#)#/*0@
(-*.0)#-#/!$/0#;*'+!#;1'01.';/-*.0#2901/212/0*(!/)#(-1*)-#0!(@'*/#7*).2)1*#)1/00#)1$ #*=-!+!#*
12/$01#*@
'2)#/*#';*1*)+(#9*)01#12(#(-*/1)10/2/0*0.2=&2)1()1*(*012**21/0#) /01/212/04(0/4'*/#7*0)2(
011!#*)0/4*-/*(***1//#1+/#*@
!#(-.*-.#9*($)#*-/#4*
*)##*)'#/(*/'!#/9$1#*(-*/1)#*(2)#1/#E'*)!*E=#)0/#*)12/HFFF=
C<*)/.2*;'*.#4*
,/ ;*1 -.*&0*/ & #(-'()0*/9 4)1()1* 1*-*!/ #* '!2)0 1/**0 * )'@ )1# #* *0 )#0 /0-1#4*0 1).20 *)210 !2(/1*!/ #)1#!@
/*/97/=12/#0(*=#)1$ #*
/0**)/.2*;(/9/**0(*)0/4*0@/*0*>/4*'4#()1**0*'*>0-*/1*0(*1*/#7*0=(*)*2'12/#)1)0#42'#-1*
*//$2#/ #)0.2),/ 101./ -./.2*9 *(* 0 2( 01/1!# 0'4!2/ 4'*/#7* .20= #(-,B0 /'#7* *
'4)1()1* 0#01(1#*= *( /1/#7* '*'#7* /#!*/*00= 010 01/212/0= * .2' 4/ 0/ 12* *( * )4*'4#()1* #/1* 0-#'# /.2*'*!#@ /*-,B0 #) .2= *( 0 )* '4)1()1* /'#7/= 0& #)01/2$* 2( -/*00* '00# #* 01 )*14' *)&2)1*
-1/#(*)#'.200!2/2(!/202-/#*/-/*1*'!'*)1/#2-/-/*(***02/*)"#()1*#42'!*@
2)01#/ -.#.*/ ) !/0* -./.2*9 -/*-/#1/#*0= = B= = = @ */1* *21/0 #)01#12#,0 #)1$ #0= 00*#,0 '*#0= (-/00
#'#/ '*/01'
D<*1()0*. ##/1'
-/=)3.0*/.0*!. #;*1*.0* *0*(->9
*0*/9
E<#'#*!. #
#(= '5)/> */#!27= */1* 1#0> *)1= **> B 5-'*/* -+0#1*0 2)/#*0 *2/* )0 //0 )1 201 #0 C2)#$-#*
'*)!*D@*(2)#*-/0)1)*G8*)!/00*#)/**()('*)!*=HFGK=-@JFBJL
*/#!27= */1* 1#0> *)1= **> #(= '5)/ B 4#)#0 #)/$ #/3'# *() ) ' #// #0 C'*)!*= */12!'DB /02(*
*(2)#*-/0)1)**)!/00*)1/)#*)'0*/1/#(*)#**'+!#*#)/*=HFGJ
*/#!27= */1* 1#0 B (#)/$ ' */* ) ' (-/#* *()* 6 02 -201 ) 4'*/? *)1512'#7#+) #(-*/1)# ' (#)/$ /*() ) ' /
'*)!*B/0@*(2)#*-/0)1)*G8*)!/00*#)/**()('*)!*=HFGK=-@IBIM
! ,.,!2(
(0((-:!!'8'.(&7
/.!,()(((&'(
?;
'.!!(
,-./(8;9-253-498<'415+-$4
! %(,(&+!%+(,89-3;53--1='; 1-
(1->
.<:&&:=8WTMUTMVTUY
@;%&'.(-(%!2(
)!(8@9?9B9A9
-!'( ( %(%8 *-$-3 &' 3; 42# PUQJ 4=4&4 &4 <;'-94 &
5PVQJ4=4&44*-$-3&44%44234PWQ
('% (89'&':
,/-!:'!(,/-!-84#9'-9
/.,-,,'!-:(,,'!(8
*-$-3&'3;42#PUQ
KNVUY[ZKUY]X\VN1;<9KVTT2
4=4&4&4<;'-94&5PVQ
KNVUZ\TNKUY[\UZN1;<9KV\Y2
4=4&44*-$-3&44%44234PWQ
KNVWXZ[NKUZTUV]N1;<9KVTT2
--!!%!-8
*-$-3&'3;42#PUQ
4=4&4&4<;'-94&5PVQ
4=4&44*-$-3&44%44234PWQ
:;9&&'3;42#:'+<-3&4749$2-3,4*149':;1;($43*1<)3$-&:
9-#'-9:&'+9':'&:30:
$'::4:'99&'3;9-7493;42#'74:;'9-492'3;'749$2-3,4:
*149':;-:
$'::4:'99&'3;9-7493;42#'74:;'9-<492'3;'749$2-3,4:
*149':;-:
A;-,!(
!!''.(&<?=
!+(%(!84=4&4M4*-$-3
,+,(1!&8
,0-,!(8&($&&'WTI&4:($<147::&4I8<3&4&#'9;<9&4$2-3,4I;'9 79'$-&4<2':;9<;<9+93.;-$I3$43*1<)3$-&:9-#'-9:&'
+9':'&:30:I7'923'$'3&4,40'I<2=1':$=&394$,$42$=-&&':8<&93+<19':1;'9-:L
9+2'3;4:&';(+<1L
(0(((/.!,()<@=
!+(%(!84=4&4M4*-$-3
,0-,!(84$1-@&43'3$4:;349&':;'&:'99&:30:I$9$;'9-@N:'749<2':749"4713&40<3;448<1$499'<29-#'-948<'74&'9-;'9
#:;'$-&4 +<3'$':: 9-794794$'::4&'1=+'2&42-3(9-4L:; '='3;<12'3;'::4$-&42-3&:30:8<'$499':743&'$43$'::"4&:'99
&'43;'@'14$42=':;.+-4:&''>7149%"48<'9'243;2(74$9423L:<7'9*.$-''3$43;92N:'= 9-:'=-&)3$-:98<'415+-$:9'1$-43&:$424
;9;2'3;4&42-3(9-4L5:94;;-=:&'+93-;4I7-14&49':&'8<9;@-;4'$'9!2-$:-+-1;L
(0(((!!'((((&'(<A=
!+(%(!84=4&4M4*-$-3
,0-,!(8='9;'3;'349&':;'&'99&'3;9-I3<2 9'713&I:<9+'2:<7'9*.$-''=-&)3$-:9'1$-43&:$42$;-=-&&'&42(:;-$'
4*-$-31::4$-&4:;9#1,4:2-3'-94:L:<$'::-=4713;-4&''<$1-7;1;'2794=4$&49'=41=-2'3;4&';'99:-27'&-3&4-&'3;-*-$%"4&''='3;<-:
1-3,2'3;4:&'':;9<;<9:7(;9':I+9=&7'1:$9$;'9.:;-$:+'415+-$:>-:;'3;:I$<0*9+2'3;%"4&-*-$<1;7'9$'%"4L<9+'225:94;;-=:&'
+93-;4I7-14&49':&'8<9;@-;4I$'9!2-$:-+-1;I$42<2'&'$43:;9<%"4L
&+(,.'!+!-"-.!:(%)!:/%./,%:-+(,.!08-;-4$42-2749;!3$-794$43,'$-2'3;4&424&'14&'74=42'3;40<3;4:4:;9#1,4:
2-3'-94:L
%0'!-(!%:(/(')&!8
!&+,(+,!842.3-479-=&4
('!!('%!-&(-%!-89;BWX&4L=-:43BZWV[IIVA:(9-'I3B]\&'VV&'2-4&'VTUX
B;('-,0(:%(,!2(
*-:(/+,($.(-$!&+%&'.(-8':'3=41=-2'3;4&';9#1,4:&'794:7'%"498<'415+-$
-(-8
149':;-:
-.(('-,0(:&-89'&'+93&':'3:-#-1-&&'98<'415+-$:<0'-;9'=41=-2'3;4:$43:;3;':74979;'&'>7149%"4*149':;1
(--"0!-!'.,0'*-/./,-+,-,0(8'1-@%"4&';9#1,4:98<'415+-$4:&'&-+35:;-$479-&'3;-*-$%"4&'74;'3$-1-&&':$<1;<9-:L
0'./!- +,!,(- ' -.( +,-,0(8 79479-'; 9-4:I I NI I I L 49;4 ' 4<;9: -3:;-;<-%6': $-'3;.*-$:I ::4$-%6': 14$-:I '279'::
*-1'-9*149':;1
C;(/&'.(,!!-/%
!!''.(&<?=:,.((.(&+(,-
(0(((/.!,()<@=:,.((.(&+(,-
(0(((!!'((((&'(<A=:,.((.(&+(,-
!!''.(&<?=
(0(((/.!,()<@=
(0(((!!'((((&'(<A=
D;!%!(,!
!!''.(&<?=
3(&-;4
(0(((/.!,()<@=
ILPU]]WQO:2-3'91-@%6':&'#N<&9'+-"4<9-$4N'-9"L49;4K
$<1&&'-)3$-:&3-='9:-&&'49;4LV=41:I7LZT[L':'&'4<;492'3;4
ILPVTT\QO43;9-#<-%6':794':;<&4&4;9-253-4'415+-$4'-3'-94&443$'1,4&'9'&':L49;4K
$<1&&'&'-)3$-:&3-='9:-&&'&4
49;4LV=41:L-::'9;%"4&'':;9&4L
IJ
ILJILJILLPVTUUQN-3'9%"44233443$'1,4&'9'&':P49;<+1QL3L$;:&'18<-3;443+9':43;'93$-431:4#9'
-3'9.?;1<9+--:;59-$:'3'1<94:;'<947'4P'53NVTT\QL'53KI7LXZWNX[T
ILJIL
IJILLPVTUU#QN-3'9%"4423&'4<9434<3-$-7-4&'9'&':K4'>'2714&'99&'3;9-'
'99&:30:L3L$;:&4-275:-4:4#9'-3'9%"4'';1<9+--:;59-$:34<&4':;'<947'<P-1'1,&45&"4NVTUTQL#93;':I7LUVYNUXV
IKJILJ
ILJILLPVTUU$QN43;9-#<-%"4794':;<&4&2-3'9%"49423&'4<943'99&:30:L3KI
LLLJILLLJILL
LLJI0LP449&QN4=42'3;4''>7149%"4&4:9'$<9:4:2-3'-94:3<947;1!3;-$$-&'3;1L
9+KM
ILPU]\XQO43;'5@-3,4N743;2'3;4:4#9'$<7%"4'3;9'4<:'!2'+'274$423L'3*-'1N41';-2<3-$-71&'<1;<9L
'3*-'1LWA'9LIUI7LUT\NUVUL
ILPU]\YNU]\ZQO43;9-#<-%"47943='3; 9-498<'415+-$4&443$'1,4&'9'&':P49;4QL49;<+ 1-L49;4K3:;-;<;4&'98<'414+-&
$<1&&'&'';9:&3-='9:-&&'&449;4L4=(9-'O41LNI7LUT[NUUYL
(0(((!!'((((&'(<A=
ILJIL
IJILLPVTUU#QN-3'9%"4423&'4<9434<3-$.7-4&'9'&':K4'>'2714&'99&'3;9-'
'99&:30:L3L$;:&4-275:-4:4#9'-3'9%"4'';1<9+--:;59-$:34<&4':;'<947'<P-1'1,&45&"4NVTUTQL#93;':I7LUVYNUXV
IKJILJ
ILJILLPVTUU$QN43;9-#<-%"4794':;<&4&2-3'9%"49423&'4<943'99&:30:L3KI
LLLJILLLJILL
LLJI0LP449&QN4=42'3;4''>7149%"4&4:9'$<9:4:2-3'-94:3<947;1!3;-$$-&'3;1L
9+KML
$#/1/$5+
=
+3+++//+2/.+3++)$*$/+
2$*1
3*1
B>
*1$!$+
/012+;75).1/)0548#0-1') 0
$#(+/+).$(.+/;5)67)/"85#)5
1?=))=@;WTJUVJVTUXL 0.3)-"#.T]JUTJVTUYM
C>()*1+0+($5+
,$"+;C<B<E<D<
0$"*++(+(;090"0"055#"085LUM090"0)/#)50"
8)/7"9/7LVM
+*(#+;-0/'0
/"20$=*$+/"20$0;LUM.30J05"0ELVM-0/'0
21/0/!/ *$0="+/!/*$+;
090"0"055#"085LUM
XU0UTPVXGTVPP\0V\PUWGZTPPL#-#9!0KUTT.#7506M
090"0)/#)508)/7"9/7LVM
XU0UUPT[G\TPP\0V]PXVGUTPPL#-#9!0KUY[.#7506M
00$$($0;
090"0"055#"085LUM
8"055#"085
090"0)/#)508)/7"9/7LVM
8"9/7J59#66"9/7
D>0/$+
63090"06 675#,06-0 -)<.K6#'#/#5) .#/7##.30/706-706 0. 0/")!2#6/785)6"#"#&#6#6).8-7/#.#/7#"# 0/750-09)68-605#
#/90-9#/7#G07#55)715)0"66#556#/ 0/75.0695)06#:#.3-5#6"#6 5)706):0G#/90-9#/7#685'#.087506#:#.3-5#6"#6)'/".#/7#066750"#
50-(06D0/7#"067#-0#-70"067#-0L0/"0.5MG
+3+++//+2/?B@
$.+(+"$;090"0)/#)50
/./+4$);
/30/$+;#&50/7#9#57#/7#05)#/7-"#55"#)6D/8.<0/6#/6)9#-.#/7#3-/"09-#-89)0/5"05)0#55#)5D/<0/"055#"085#
3#-D$'5/"#48/7)""#"#.16'5/*7) 6D3#"!06"#7$'8-#&5'.#/706 #5.) 0648#6#"#7#7.683#5&* )#D605#78"0/#5785"#-#)56#
0963503-/7)0"#9)/(D9#5)&) /"0K6#68")63#560/8.5#5<09#-G"#7#!0D351:).0D"#6#38-78563#57#/ #/7#68./# 5130-#"#
)/ )/#5!0 0.#/7#55.#/706"79#)6"06&)/)6"06$ GD)/* )06"06$ G-#93#/65#675.063#5/7#8.66#/7.#/70"$30 0./D"#7)30
#570D35099#-.#/7# 0/07"0 0.#:3-05!0.)/#)5"#55"#)6D6#/"0 0/78"0#:75#..#/7#")&* )-35# )65D"")/#:)67%/ )"##6 9!0D
6#6#757"#8., D"#8. 6-08"#8.3090"0"#.)05#6").#/62#6GL9#5&) (/# 5130-#6M
).+/1*$.$0"%01$=+(,"$=2(12/(=0.+/1$3;5#).3057/7#35#678"5&05. 0.0"# 055#803090.#/70"07#55)715)0#68#9#/78-
-)'!0 0.#:3-05!0.)/#)5$30 50./
(3*$0+$(=+2+*,)$;#/"#")/.)<50307#/ )-785*67) 0## 0/1.) 0"66#556D 0.).3 706/0"#6#/90-9).#/70"066#59)!06#"0
0.$5 )075") )0/-G
"$)./+./$;0.*/)035)9"0
+*$$+*($0)+0("$0;6*7)0548#0-1') 0#/ 0/75K6#)/9#/75)"0/0
+3++)$*$/+2$*1
3*1?C@
$.+(+"$;090"0)/#)50
/./+4$);
/30/$+;67#).3057/7#6*7)0548#0-1') 050./00 838. 0/,8/70"#3-7&05.6"9#57#/7#"#55"#/7867D"#6"#6
350:).)""#6"0"#6)'/"00,0"60.67$8"9/7D/3#5)&#5)85/G
57K6#"#8.3090"050./048#6##67#/"#3058.9675#0/"#6#)"#/7)&) ./0619#67*')06"#()7!2#6 0.0"##67587856K /)6D7/48#6#
'-#5)6K")5#7.#/7#5#- )0/"6 0.#:3-05!085*&#550./"#55"#/7867G
030/70"#9)67"0 0/(# ).#/70#"3507#!0"#67!0548#0-1') ).3057")67)/'8)5"865#6FUK5#0 83"3#-63-7&05.6683#5)05#6D.)6
351:).6"00,0"60.6D)"#/7)&) "759$6"#9#67*')06"#683#5&* )#K605#78"0 #5.) #.16K48-6##/ 0/75"#-).)7"# 0.8.5#"#
3507# !0/0EVK5#0 83"3#-63-7&05.6)/&#5)05#6D/"#6)'/"8)/7"9/7D0/"#&05.5#-)<"0675-(06"#60/"'#/6##6 9!2#6
548#0-1') 6.07)9"63058.350,#70).0)-)5)035#9)6703548#-##63!0D#48#6##/ 0/75&05"<0/"#3507#!0 0/6)'/"/0G
L)/#9)60"0"#-0/'0K678"06# 705)-"#548#0-0')K#-715)0)/-K/#:0DVTUXM
).+/1*$.$0"%01$=+(,"$=2(12/(=0.+/1$3;5#).3057/7#35#678"5&05. 0.0"# 055#803090.#/70"07#55)715)0#68#9#/78-
-)'!0 0.#:3-05!0.)/#)5$30 50./
(3*$0+$(=+2+*,)$;*$*)$5/+.+1*$(12/%01$++*,)$+00//0:+)$).1+0*+0*3+(3$)*1++00/3$+0+
+)/$+1/$$+*(<
"$)./+./$;0.*/)035)9"0
+*$$+*($0)+0("$0;6*7)0548#0-1') 0#/ 0/75K6#)/9#/75)"0/0G
E>+*0/3+=(+/$5+
-0 =+2 ./+'1+0 ' $).()*1+0; LUM . U]]VD 305 0 6)0 "# 8. 350,#70 "# 3-/7)0 "# 9)/( # 0/6758!0 "# 8. #)5 / 8)/7 " 055#"085D &05.
35#9).#/7# 5#-)<"06 75-(06 "# 60/"'#/6 548#0-1') 6 " 5#630/6)-)""# "# 06$ 5 #-0 #/"#6 )/70G LVM 60/"'#/6 5#-)<"6 #. U]]]D 60
5#630/6)-)""# "# 06$ 5 #-0 #/"#6 )/70E # 60/"'#/6D #6 9!0 #. 5# # -#9/7.#/70 "0 30!0 # '-#5) .)/#)5D 5#-)<"6 #. VTTX 3#-
548#0-0')Q75).1/)0K) 5"0#):#)5Q*7050/6# D548#0-0')"G
0+0;
01++*0/3+=)0;LUDV@5#66085/GLUDVM/"-)6.0
+00%3$0 $*1/3*-0 !212/0 ./0/3+; LUM 678"06 # )/7#59#/!2#6 548#0-0') 6 35 350&8/"5 06 #678"06 # #9#/78- "37!0 "# )5 8)70
785*67) 0G LVM "#6 0#57 "# 9#67*')06 / 8)/7 " 9/7D #. 5# 0/7*'8 48# 6# #/ 0/75 3507#')" /0 .)70 "0 D "#.0/675 /# #66)""# "#
6#5#. #&#78"06 75-(06 548#0-1') 06 "# 9-)!0 5)'0506 " #:7#/60 "#67# 6*7)0 548#0-1') 0 48# 0/67)78)D 7$ "7D 0 .)6 ).3057/7# "06 48# 6#
#/ 0/75. 660 )"06 #:3-05!0 85*&#5 50./ " #55 "# /7 867G 1 8. 350,#70 "# #678"0 #63# *&) 0 3#5.)7)5 6-9'85"5 # 9-05)<5
"#9)".#/7#0 57#5#: # )0/-"#67#9-05375).0/)-G
3*12$0./$/+0*"01+./0/3+;KDD/)9#56)""#"00570D660 )!2#6-0 )6
F>+2)*1+/!$$02(
.0?*4/1+0/1+"/!$=+2+/1+!+1+).@;
+3++*/,.+(+//+2/?B@
+3++)$*$/+2$*1
3*1?C@
+1+0;
+3++*/,.+(+//+2/?B@
+3++)$*$/+2$*1
3*1?C@
G>$($+"/!$
DGEDGEDGEDGK)+ *#)&( !"()"*(,"#('+# $
"+"*,"*4 #"#G 76"0).316)0"#)/#5!0##7-85')
)6715) 6"08"0#67#
8503#8D0570DVUDVV#VW"#8/(0"#VTTYJ 0.)7$05'/)<"05-#:/"5##)7#GGGN#7-GOE 0.)7$ )#/7*&) 0
5./"00#-(0GGGN#7-GOGK0570FFDVTTZGK3GU\YKU]\G
DGEDGEDGEDGK+"*,"*4 #"#6, ##!&*
"#(#*#!)!"!.#6#-715)030-) 03)"0G0570DVTTY
),%)('+# $)"($&# #!"#((#+(8!&#9)/LM8-70D/G=VK0-#7).8-785-"D,/#)50U]]WL/0&<5#&#5%/ )08705
"057)'0M
/48$5)70548#0-1') 0")0 #6#"00570DU]Y[
KD06$5 #-0/ (#6K"($&# #7#!"#((#+(8!&#7 #"#9G)/
0578'-)D09$5)#D90-KLU]]TJ]UMG0570F 8-""#"##756"/)9#56)""#"00570DU]]UG
KD06$5 #-0/ (#6K!"(###+(#!&#(#!"")(()"*
+)*
)8 #"#9G)/-) )F"0./)""##5./)< )1/G50-#.6()6715) 06# 8-785)6DL 76"0#/ 0/750
)#/7*&) 0#/(0.#/:##5.*/08<5#;LU]TUKU][WMK/7)'0"#0.3067#-D87850U]]VMD/7)'0"#
0.3067#-D86#0"000-#'0DU]]WD3GV\[KWUUG
D06$5 #-0K)/#5!0"0850#.30 0.//6#556"#/7867#)6L-0/'0MD)/0-#7).8-785-".58/) )3-"#-0/'0
LM8-70D/G=UD8-(0"#U]]V
KD06$5 #-0/ (#6K*(!$"#('+# $# #"#6)*+#"#!*# #(#
# #"#G-0/'0F.58/) )3-DU]]VG
KD06$5 #-0/ (#6K),%)('+# $)"($&# (#!"#((#+(8!&#K
#"#9G-0/'0F.58/) )3-DU]]XG
KD06$5 #-0/ (#6K),%)('+# $)"##!& -#"(##!"####)
#!)K8)/7"9/7G#-715)030-) 03)"0GU]]]
KD06$5 #-0/ (#6K")* %)!"()(#!")"###)#!)8 #"#7#(*+ 96
76"0W=0/'5#660"#548#0-0')#/)/68-5G548#0-0')"/7)'8)""#/#/*/68-$5) G)-#-
U]]]G0570FG0-GZD3GXTUKXU]G
DGGGKH"#()+"*,"*5+!&'+"#0**/!"(#! #"#IG0/*.5)'D
D33GVZ[KV\TG
(773FJJ548#0-0')G375).0/)0 8-785-G37JC6)"^75-(06G5#68-7"06Q686)"^UVZX[WQ93^VUXWWY[
#".0.#4*
.+-*'*..*1.
@<)0# #*
./01*964',/-'.437!.+/%'.
#"'*.-*.94'56'- 74!'4
0=;((;>9NKDLMDMKLO
A<'()0*/*'#4*
+#!*9A:@:C:C
/#!)**'*'9!4/2.+! .44! .74
*)'"*9+.-%.
.!1/#;)#*.!1/#/9,2.!.4 .
10./. .)#/;!*. .)#*9OL;LKHMOCKMHHS;MSHLNCQKHHF!+!8.ELKK,!64.5G
//##'#/97 .44! .74
B</.#*
#-*'*!#9!4/2.+!
.-.*3#(9
.2/.#*9.
-37"4'6.437!.+/%'.'.!5! ..46.24.,.8' .2.4C.,'-%.5 !'-&.4- .A!,LTPRA$.'-.6'$' ..24!',!-6.-
$4!%7!5' !,2.A !7,5!27+674!46-4.&A!4 !L,!64. !24.$7- ' !A4!8!56' '-6!4'.4,!-6!+.75A !$.4,6.37 4-%7+4.,
N2+,.5 !+ .A!.-6!- .N85'+&5!4,'5.,4!56.5 !48.!'-:5C'564 !A!!4 !PK,!64.5 !55!+.+A24!!7.7645!27+674A
!56.,$.55!465',2+!5,!-6!-6!44!.-6!- .,'54!'2'!-6!5!4,'.5C'54!!-6!,!-6!A7,.7645!27+674A!-.-64 -!4674 .5
+'!4!524.-5647. !7,5A4!8!+.77,!52/+'..-56'67( .2.44!56.5 !M'+&5AL246.!'- P,.! 5 .5"C
CC-6!- !E5!37!!56
-!4/2.+! !'-'-!4.6!-&5' .76'+': -.5$'-'5 .5"C
!-('.5 .5"C
CC!+6'8,!-6!2!46.574%!7,2.8. .4.,-.F8!4$'&
.8. .5GC.6!44'6/4'.!-8.+8!-6!6!,.555'-+46,",!9'56#-' -!4/2.+! + !'4A!,-6.,E.- .,4C
(-*.0)#-#/!$/0#;*'+!#;1'01.';/-*.0#294!',2.46-6!24!567 4$.4,.,. !.44!7.2.8.,!-6. .6!44'6/4'.!57!8!-67+
+'%..,!92+.4.,'-!'4"2.4.,-
'2)#/*#';*1*)+(#9!- ! '-,':4.2.6!-'+674(56'.!!.-/,'. A.,',26.5-. !5!-8.+8',!-6. .55!48'.5! .
.,"4'.64 ''.-+C
!#(-.*-.#9.,(-'.24'8 .
*)##*)'#/(*/'!#/95(6'.437!.+/%'.!-.-64E5!'-8!-64' .-.
C<*)/.2*;'*.#4*
,/ ;*1 -.*&0*/ & #(-'()0*/9 , LTTMA 2.4 .5'. ! 7, 24.*!6. ! 2+-6'. ! 8'-& ! .-5647. ! 7, !'4 - 7'-6 .44! .74A $.4,
24!8',!-6!4!+': .564+&.5 !5.- %!-5437!.+/%'5 4!52.-5'+' ! !.5"4!+.!- !5'-6.C
/*/9
/0**)/.2*;(/94!55.74-C- +'5,.
*//$2#/#)0.2),/ 101./-./.2*9567 .5!'-6!48!-1!5437!.+/%'524!8!-67+ 26. !'47'6.674(56'.C
674+,!-6!A ,7'6.5 .5 8!56(%'.5 $.4, 5!- . !5647( .5 . +.-%. . 6!,2.A ,5 .,. ',!-5. ! . !52. !96,!-6! .72 .5 2!+ -!4/2.+!
2!4,-!!, 2.4 8+'4 ., 4'%.4 437!.+/%'.A 24.20!E5! ,-76!-. 4! ! 5+8%74 !56!+!' -. CF'- !8'5. . ! +.-%. E
567 .5!6.4'+ !437!.+.%'E!+6/4'.'-+E-!9.AMKLOG
2)01#/ -.#.*/ ) !/0* -./.2*9 24.24'!64'.5A A EA A A C .46. ! .7645 '-56'67'1!5 '!-6($'5A 55.'1!5 +.'5A
!,24!55$'+!'4$+.4!56+
D<*1()0*. ##/1'
-/=)3.0*/.0*!. #;*1*.0* *0*(->9
*0*/9
E<#'#*!. #
"!
!()'-FG7+6.A-C;ME.+!6',7+674+ A*-!'4.LTTNF-.$:4!$!4#-'.
76.4 .46'%.G
-37"4'6.437!.+/%'. '.!5! ..46.ALTPR
E
A.5"4!+.-&!5E'
!(')C'.467%+'A.8"4'!A8.+
E
FLTTKDTLGC.46.B7+ ! !!645 -'8!45' ! ..46.ALTTLC
E
A.5"4!+.-&!5E !& ! C+.-%.B,47-''2+ALTTMC
A.5"4!+.E'-!4. .74.!,2..,--5!445 !-6756!'5F+.-%.GA'-.+!6',7+674+ ,47-''2+ !
+.-%.FG7+6.A-C;LA7+&. !LTTM
E
A.5"4!+.-&!5E"!!(E
)C+.-%.B,47-''2+ALTTOC
$#/1/$5+
=
.%"/!!2*//$*1201
B>*1$!$+
/012+;75).1/)0548#0-1') 0L#3)'5&)
$#+).$(.+/;5)67)/"85#)5
1?=))=@;YVKWXKXVWZN5#9)67#.WXKWVKXVW[O
C>()*1+0+($5+
,$"+;C<B<E<F
0$"*++(+(;
+*(#+;-0/'0
/"20$=*$+/"20$0;-0/'0
21/0/!/ *$0="+/!/*$+;#306)7"/086#8 )0/-05#6"06#)6
00$$($0;86#8 )0/-05#6"06#)6LF"#0./8#-ZZC0570
D>0/$+
$.+(+"$;3*'5&#&8/#55)
/./+4$);
/30/$+;3*'5&#&8/#55)50./C#.:)670C350 #"#/7#"#/7867#"#306)7"/086#8 )0/-05#6"06#)6F
#)785E
N))6ON/)86ON 58.OKPKN 5)ON&)-)86ON/058.OKN48"5')/7OK
N) ON)786OF
0/6'5"006"#86#6/#6F-9)0C&)-(0"#5 50C"#ZV/06C#6748)6#38-7"0F
06# 0/(# #0-0 -#: 70/#.6 )5 8/67/ )6"035# ).#/70"#67#3*'5&#&8/#55)48#35#6#/7357) 8-5)""#"#5#')6758./75031/).0
"#-860$7/) 065 5)F06$057#65#&#5#L6#9'.#/7#7#56)"05# 0-()"#.G/7867C 0/ #-(0"#-0/'0HF
#57#/ #5)66). #57.#/7#8./# 5130-#50./)/"305)"#/7)&) 5/<0/"#55"#/7867C#48#30"#5#.067-9#< 055#- )0/5 0.0
3090"0"#8)/7"9/7K0,0"60.6FN)/#9)60"0"#-0/'0L678"06# 705)-"#548#0-0')L#-715)0)/-L/#:0CXVWZO
5#&#5%/ )67.$.8.507)9NBO#/ 0/75"/0 .30"#/7Q/C#.5'C#48#7#5)6)"0-#9""6.)/650./6"#9-0/'0D"86
56"#/70.C 0/6)"#5"3058/6 0.0907)9C"#") ""#86-# )#305087506 0.0&8/#55)6C"7"6"06$ 8-0"FF#660 )"6
35#6#/!"0650./06##:3-05!0.)/#)5N"#306)7"6/ 3#-"#/70.OD5&8/#55)50.//)'5#,"##-5#6C507)9#.'5/)70
"#") "R-0 0RF
).+/1*$.$0"%01$=+(,"$=2(12/(=0.+/1$3;5#).3057/7#35#678"5&05. 0.0"# 055#803090.#/70"07#55)715)0#68#9#/78-
-)'!0 0.#:3-05!0.)/#)5$30 50./
(3*$0+$(=+2+*,)$;).3057/7#35)"#/7)""#-0 "$)./+./$;
+*$$+*($0)+0("$0;#)"075).1/)0
E>+*0/3+=(+/$5+
-0=+2./+'1+0'$).()*1+0;#678"0C 0/6#59!0
0+0;#631-#0"#.86#8
01++*0/3+=)0;5<09#+00%3$0$*1/3*-0!212/0./0/3+;./87#/!0
3*12$0./$/+0*"01+./0/3+;86#8 )0/-05#6"06#)6
F>+2)*1+
/!$$02(
.0?*4/1+0/1+"/!$=+2+/1+!+1+).@;
+1+0;
3*'5&#&8/#55)"#/7867
56"#/70.
3*'5&#907)9"#") "R-0 0R
5&8/#55)/)'5#,"##-5#6
G>$($+"/!$
CFCNW_XXLW_XZOM0/0'5&)"#5#"#6F0570E)30'5&)"#850870S)/70
C06$L$#$F0578'-)CXC0570CW_V[LW_V^C3FWXZLWX]F
CFFFNW_^VOM#'#/")6E56"#/70.F0/ #-(0"#5#"#6M0-#7).8/) )3-F5#"#6E.58/) )3-"#5#"#6CW_^VFYC3FX_L
Y]F
C5./"00#-(0#55#)5"L# F;CXCW_^ZF3FY_L[^F
C5./"00#-(0#55#)5"LF.58/) )3-"#!06
"##55#)5C86#8548#0-1') 0")7/)"#/&)/6C!06"##55#)5CW_^\F
CNW_]]OM/6 5)!050./"#/70.N5#"#6OF548#1-0'00578'8%6F0-F
CFNW_]]OM50306"#6I--# )J"#-)/#E3)'53()##7#83-#.#/7F5 58'867F5'F0-FCW_]]
FL58/#55)"##-5#6N0/"0.5OL
N83-#.#/70"#G0/).5)'HOF
^_F/ 5)!2#6ZVYLZV\F 8-""#"##756/67)7870"#548#0-0')E0).5CXVV_
#".0.#4*
#/
@<)0# #*
./01*942&+.,&-215!-*.$&#"'*.-*.92&34&, 52!&2G2&,4.,&&*6
0=;((;>9NRGNOGPNORI-+0&* !+OPGONGPNORJB-6PNOR
A<'()0*/*'#4*
+#!*9A:@:C:E
/#!)**'*'9!223 !,4534!&3B,42&!,)3
*)'"*92! !3B*-,$-
.!1/#;)#*.!1/#/9$5&2 !-53A-2!&2B*-,$-A+0-H
-2 -B
10./. .)#/;!*. .)#*9!223 !,4534A&3A,42&!,)3
//##'#/962&-3!33-3
B</.#*
#-*'*!#9&3
.-.*3#(9
.2/.#*934-2!#!2!,& -3P!&7-36&2&-302&,&0&315!426!336+--,!*%- !*-,$-,"0--+,A3!, -!*!3C!342 -24-H
5&+2!3!!342 *#!,H*-,$-H$5&2 !-53!!342 *#!,H*-,$-H!,#&!*D!$5, -&,-62!3&3IOUTUJKDDD35*!02-&,4!2&-2
!33*&$-3!2&#!&40-25+6&15!02-66!*+!,4! !2&66 02&+!&2,-0-,4-!+15!!342596-2&-!A0332&!+-+!*%-A6&2&0!*-3-0"
3!22!,42!--,4!2!4-!-3-,4!3 -34 -2 -3-A '4"D24-*-+!5IDDDJ0332&-59-!!+*-,$-A02-6!&42&024! -42-- OR! !0-&3&#526C!,15,4--42--02&,&0*3! &2&$&+0-A426!332&-2&-!22!&20-33&6!*+!,4!,0-,4! -52&9IDDDJ &2&$&, -H3!!,4-02
, 2! '02!,#&!*A-542-42--6&2&5&,4A0!*A-22! -52A&*%2&!A3!+02!,-3-0" !22 !&3A &2&$&H3!30.6-3! '$5&2 !
-53DK
-*-,$- 33!223A !3 !!,%-2 -*4-4"3,)3#-2+& !,4&#& -30!15!,-342--3 !E+&,%-36!*%-3F-++23 !2- -3&,&3-3,
2-%15!A0- !2--22!30-, !26&33!5, 2&315!0!2+&4&+&25*-!*&$-32!3+&,!&23D
(-*.0)#-#/!$/0#;*'+!#;1'01.';/-*.0#29!+4&&+0-24,4!02!345 2-2$,&9-6&2&A#-2+-+- !-22!5-0-6-+!,4- -
4!22&4.2&-!35!6!,45**&$--+!70*-2-+&,!&2"0-2-+,D
'2)#/*#';*1*)+(#93436&33!26&2&+!33!,&*+!,4!02!3-+!,4- -+&,"2&-D-,34&45!+&+0-24,4!32!523-315!A)5,4+!,4!-+
-!345 - 30-,4!3!+&,%-3,4&$-3A !6!+3!26*-2&9 -3,5+!344"$& !-,3!26-!02-+-- -4!22&4.2&-D-,34&45&4+"+5+#4-2
& !,4&42&-!5+2!523--,3& !22,6*-2&9-!02-+-- -4!22&4.2&-D
!#(-.*-.#9-+',&-02&6 -@
*)##*)'#/(*/'!#/9'4&- !+0-24,&-+5,&42&K*-,$-KA&,3!2& -,! !452PNNNG&3$!+2-4!$& -* 3!223 !4534!&3G
C<*)/.2*;'*.#4*
,/;*1-.*&0*/&#(-'()0*/9
/*/9 !3-,%!!H3!
/0**)/.2*;(/9 !3-,%!!H3!
*//$2#/ #)0.2),/ 101./ -./.2*9 !3!,6-*6&+!,4- ! 5+ 02-)!4- 15! &,*5 & !,4&#&- - 42 -A *&+0!9A !3+4-A -,3-*& -A
-+0,% - !!345 -%&34.2&-H215!-*.$&-!-*-- !3&,*"4&&,#-2+4&6D
2)01#/ -.#.*/ ) !/0* -./.2*9 02-02&!42&-3A A HA A A D -24- ! -5423 &,34&45&/!3 &!,4'#&3A 33-&/!3 *-&3A !+02!3
#&*!&2#*-2!34*
D<*1()0*. ##/1'
-/=)3.0*/.0*!. #;*1*.0* *0*(->9
*0*/9(#)"*'"*
E<#'#*!. #
*+!& ADD#!22!&2 !HK3&3! &!6&3 -,42!-52-!&,%-KAAOUST
A&,-5$534-62!3H24215!-*.$& !*-,$-H+2-0-34 !!45*&9-A*-,$-AOUTU
A-3"2!*-H&,!2- -52-!+0--+,,3!223 !,4534!&3I*-,$-JA&,-*!4&+5*452* +25,&&0* !*-,$-
IJ5*4-A,D:OA5*%- !OUUP
A!D-15&+*6!3-0!3H&** !**-,$-C3532 &/!3!
&34-2&A!32&0-A-345+!3!-,5+!,4-3D-24-C80-$20%&-!*%-DOUNQD
! ,.,!2(
(,,(-.%(/!,(/-
>:
'.!!(
,;-<-./(731%*-+%,104 ,)-#%,
! %(,+(,71%+3-+%%)6 3)%!)%7
.;9&&9<7 6 1 %1, NLMQC,6NLMQ
?:%&'.(-(%!2(
)!(7?8>8B8>
-!'((%(%7%)C16 22,23 ),
('% (71 2
,/-!9'!(,/-!-7#4%1 ,42
/.,-,,'!-9(,,'!(77ADNQQQP8AMRMRTR
--!!%!-7 ) 231OMUDNF *%1, )1 2G3!/) 2%+)%9,,3,,*+%,
@:-,!(
!+(%(!723 ),,04 %1,
,+,(1!&7
,0-,!(7,11 ,23 ), #4%1 ,423 *2%,/,+3,*,)4#1",13%"%, %+3 1 22 2313!#%,/123 1112,) ,,42?
2 ,2!4),?)341 *04 21-+%21%2321 " 1 *3,*,23 ),/ ),)*+,1B+3 #1,3,,*+%,B22,+# +2 %#+-23%,
1 24)3,44*)%91,+,)-#% ,4/,? +31 ,22!4),2D 2!4),B
&+(,.'!+!-"-.!9(%)!9/%./,%9-+(,.!07,) 6),12%*-)%, 104 ,)-#%,1 )%,+,*"4+,+%,+)% 2 %*%2313%6 4*)1#,3 11%3-1%,B,*&+%,2,1 ,1%,,42B
%0'!-(!%9(/(')&!7*/,13+3 /,+3,341&23%,,*6%2%32,1% +32/ ) / )
!&+,(+,!71%6,C
4+3 1 #4 2% #4%1 ,42
%&'.(-+,(+,!.,!(7,2,+23+3 2+,2231,2,21 2/ 3%6,2
('!!('%!-&(-%!-7D,+4* +3, +3 1 22 5)%,B,131%+:
*4+%&/%,2F+,%2/,+&6 )/13,3)% 1 G
PRRCNLMN??+:MTO NL 3 *1, NLMN "%+%,,/ 1&* 31,
,+2/ %) 1,3 ,B
A:('-,0(9%(,!2(
*- 9(/ +,($.(- $ !&+%&'.(-7 1,( 3, ,+2,)%,? ,+2 16, 2)6#41 , *,+4* 3,? %+)4%+, , 313* +3, , 2/, +6,)6 +3
22,2? *2%*4)3+ ,,*31)$,2104 ,)-#%,2B
-(-741&23%,
-.(('-,0(9&-7,*B* 2A3,2 6+)%2*,B
(--"0!-!'.,0'*-/./,-+,-,0(7 )%9, 31)$,21 #4)1 2 2*3, )%*/ 9B
0'./!-+,!,(-'-.(+,-,0(7?D??B,13, ,4312%+23%34%. 2% +3&"%2?22,%. 2),%2
B:(/&'.(,!!-/%
+-;'1,.(-,.(,!9(/(,.((.(&+<7
(.(-7
C:!%!(,!
?BBBFMUSTGE23 ),),#%* % 6) +31 D,41,D D%+$,B 2 21%# +2MNNLB,13,B%22 13,,*/) * +31 ,43,1* +3,
/1 2 +34) 312+%6 12% ,,13,B 73,3%),#1",B
?BBB FMUTLGE223 ),2 #4%1 ,42 +,*C)31B,) 3%*4+%%/)B1 2A*14+%%/)B:O?/BMQDMSB
?
B?FMUNNDMUNPGE,+,#1"% 1 2B,13,A%/,#1"% 41,43,I%+3,
?B
BFMUULDMUUMGE,23 ), ,+04%23,23 ),,*+%,F!BGB,134#)%B,13,A+23%343, 104 ,),#%4) 312+%6 12% ,,13,B,6!1% E,)BD?/BUMDMORB
?&%,) @?1%+3-+%FNLMNGE,11 ,23 ), #4%1 ,42B+31 *3!1% ,*%3,B,1 /,2%. 2,3 */,B,42B
+31, 234,2,,*+%, , 11%3-1%,B:O
?BBBFMUSQGE 112 ),+#,E234, ,*,1",),#%B,%*1A+%6 12% ,%*1BUA/BMDMUPBF4/) * +3,2 %),2GB 2 ,43,1* +3,B
?BBBFNLLTGE,3,,*+%,,) ,,42B)2,42E,3,,*+%,,) ,,42?NLLTB/BUSDMLOB
?BBFNLLTGD,11 ,23 ), #4%1 ,42A1 24)3,2/1 )%*%+1 2 4*2,+# *104 ,)-#%B32,+,+31, 104 ,),#%2
112 ,42B//%4*?5* 1, 2/ %)B,42A*14+%%/) ,42B/BMMSDMOLB
?1%+3-+%FNLMMGD23 ), #4%1 ,42B,+31%43,/1,2 4 234, +041* +3,B,)-04%,H,3 */,,2,41,2B23 ),2,
%7,,41,,,+ #,+!/, ,+04%23HB1,4F+,/1 ),G
BBFNLLRGE,11 C23 ), #4%1 ,42B234, ),1%9, )6#412+6,)6 +3 2,2,+4* +3,2,3,,*+%,,) ,
,42B
#".0.#4*
#/
@<)0# #*
./01*931%*-+%,104 ,)-#%,
#"'*.-*.91%23%+41 %1D1%+3-+%%)5
0=;((;>9KPDKLDMKLPF1 5%23 *LMDLKDMKLPGA,5MKLP
A<'()0*/*'#4*
+#!*9A:@:D:A
/#!)**'*'9 11 +3423A#4%1 ,42
*)'"*91 2;),+#,
.!1/#;)#*.!1/#/9#4%1 ,42A),+#,@*/,E,1,
10./. .)#/;!*. .)#*9 11 +3423CNLSEME1+ ++ //##'#/9
B</.#*
#-*'*!#9%2
.-.*3#(9
.2/.#*923,1 " 1 +%,2%5 12,2 %6,25%1%,2* % 5%204 315 225*,,+ )$, ),+#,04 +)#4+22,22 2,1 /. *1 5%1%
,*+C%22, 6 */), 231,13,E4%*1 2 04 )%#5,13,),+#,04 @2 #4+,%+,51 2%2FLSRSGHCCC/22+,/ )11 %1@) 11 %1,24%+, +$,12$2@/22+,,13 ) ),+#, 4+%+,E2 231),+#,E +"% )C%+$3*!*4* 1%5,*%231% 04 5%35,2$1,2 ,11 +3 %*/ 34,2% %1 ),+#,CH
23 ), #4%1 ,42 +04+3, 3 11 ,4)#, #4%1 ,42@,*,1%# +2* % 52/1 224/. 4*%*/,13+3 1 5%1%04 231%)% 1+2/,+3 2 #1+%3,@ )51 2,+$ 04 2 %*/. %+5 23%#1C
(-*.0)#-#/!$/0#;*'+!#;1'01.';/-*.0#29 *3%%*/,13+3 /1 2341,1#+%8,5%1%@",1*,*, ,11 4,/,5,* +3,,
3 11%3-1%,C
'2)#/*#';*1*)+(#9,+23%34 *%*/,13+3 21 412,204 @(4+3* +3 ,*, 234,2/,+3 2 *%+$,2+3%#,2@ 5 *2 15),1%8,2
+4* 233!#% ,+2 15, /1,*,,,3 11%3-1%,C,+23%34%3*!*4*"3,1% +3%31%, 4*1 412,,+2% 11+5),1%8, /1,*,,,
3 11%3-1%,C
!#(-.*-.#9,*&+%,/1%5,?
*)##*)'#/(*/'!#/9&3%, */,13+%,*4+%31%H),+#,H@%+2 1%,+ 341MKKK@
C<*)/.2*;'*.#4*
,/;*1-.*&0*/&#(-'()0*/9
/*/9 2,+$ E2
/0**)/.2*;(/9 2,+$ E2 *//$2#/ #)0.2),/ 101./ -./.2*9 2 +5,)5%* +3, 4* /1,( 3, 04 %+)4 % +3%"%, , 31,@ )%*/ 8@ 2*3,@ ,+2,)%,@
,*/+$, 234,$%23-1%,E104 ,)-#%, ,),, 2%+)!3%%+",1*3%5C
2)01#/-.#.*/)!/0*-./.2*9E@@@+%5 12% ,,13, ,4312%+23%34%.2% +3&"%2@22,%. 2,%2
D<*1()0*. ##/1'
-/=)3.0*/.0*!. #;*1*.0* *0*(->9
*0*/9
E<#'#*!. #
)* %@CC 11 %1 EH2%2 % 5%2,+31 ,41, %+$,H@@LSQR
@%+,4#423,51 2E13104 ,)-#% ),+#,E*1,/,23 34)%8,@),+#,@LSRS
@,2!1 ),E%+ 1,,41, */,,*++2 112 +3423 %2F),+#,G@%+,) 3%*4)341)*14+%%/) ),+#,
FG4)3,@+C9L@4)$, LSSM
@ C,04%*)5 2,/ 2E%)) )),+#,B2421%. 2 %23,1%@ 21%/,@,234* 2 ,+4* +3,2C,13,B7/,#1/$%, )$,CLSKOC
! ,.,!2(
%(&,(,/,%(/
>:
'.!!(
,;-<-./(753',/-'..-4536( .8!3-6+3
! %(,+(,765!!8!4C3!8'451.33'45'- 63!'3
.;9&&9<7QRFOPFQOPTI!8'45!,PQFPOFQOPTJ
?:%&'.(-(%!2(
)!(7?8?8>8
-!'((%(%7+ !' !.6!
('% (7+.-%.
,/-!9'!(,/-!-7+.-%.
/.,-,,'!-9(,,'!(75'56 !SPMOWKRRESLC.-%'56 !VMQWKPQEQL
--!!%!-7.33! .3.+/%'.F453 . !.6!I13+!+.J
@:-,!(
!+(%(!7!3634.4! !453!4
,+,(1!&7
,0-,!(7+ !'".,1.451.36,1!26!-.%+.,!3 . !44B3. ! . !,1.4 !6+5'8.26!4!13!4!-5,!,-$'5!53.5".3'.E
538!44 1.36,36!+!453!'5B!,$3%B.+.-%. 26+4! '410!,4&'50!4E.+';G4!!-53!44!334 !-5
645! !'4!"-& 1!+.3'.!33!'3E !+','5 1!+.!453 ..!-5!B1!+.4,1.4 !6+5'8.4!-5!!1.3.-45360!4.35!!6+E444-5'%44.$!'54.,
+..4 !2635;'5!B13.8!-'!-5! !:1+.3.,'-!'3B! !:'45.B 26'3'- .6,.-$'%63.'33!%6+31.'4.4,5!3''413.8!!, '3!5,!-5! -563!;B4!,535,!-5.13"8'.E1.-5! !.6!IAJ!1!+ + !'4.1.-5.4 !'-5!3!44!E
&+(,.'!+!-"-.!9(%)!9/%./,%9-+(,.!07-'.1.8. .!:'45!-5!-4!334 !-5
645!'4E4'56 .-.4.1" !33 !-5
645!
!-,3%!, '3!'5 .3'.!33!'3!,6'5.13/:',. .453. !.6!B&26!, !$!- 26!46$6- .3!,.-5"1.3.,-3!+'.- .,
!:1+.3.,'-!'3E!%6- .
.26',326!4B+ !'!3!3 1.36,,63.!,1! 3.,!3 !QBUO, !+56326!13.5!%' .4'-#- '.4B
26! !3.&4B!-:63 4! .4!453-&.4B1.446'- .1!-4Q!-53 4E!$!3!5,",1.44''+' ! !!45!,63.4!36,!3 . !!438.426!
53+&8,-!:1+.3.,'-!'3-"1.3.,-E
%0'!-(!%9(/(')&!7.++44'$' ..,.+ !' !.356%+ !4 !QOPQE45+ !'.-$!3!!33.,1.-!-5!&6,-'; E6,
1!26!-1.8...,,3 48'8#-'4363'4B6*.!45'+. !8' 13.8", !453!'53!+..,5!33!.,.43!634.4-563'4+.'4B1!43 1!26!- '45-'26!+'%' ! !+.-%.IS,J! ..35.IPP,J
!&+,(+,!73.13'! !413'8 4!336,!-5.417+'.4
('!!('%!-&(-%!-7(5'. !,1.35-'.,6-'53'L+.-%.LB
'-4!3' .-! !563QOOO
%&'.(-+,(+,!.,!(7 .4.-45-5!4-.4 453.4 .43!41!5'8.4
,6-'(1'.4I-. '41.-(8!+135.5+' ! 3!J
A:('-,0(9%(,!2(
*- 9(/ +,($.(- $ !&+%&'.(-7 !-!$''. ! 3'; '-$3!4536563+B !, QOOUB ., . .*!5'8. ! ,!+&.33 4 !44''+' !4 !B . ,!4,. 5!,1.B
4.- '0!4 !'36+.1!+.'-5!3'.3 + !'E
-(-7.+ !&'5.!563'4,. !-563!;
-.(('-,0(9&-7;.8!+F+5 !3!634.413.-4!38.
(--"0!- !'.,0'*- /./,- +,-,0(7 3!26+'$'. . 1326! &'5'.-+E !61!3. ! +%6,4 36(-4 3'- . '-$3!45365634 ! 1.'. .
563'4,.!..,"3'.+.+E
0'./!-+,!,(-'-.(+,-,0(73.13'!53'.4CC63'4,. !.356%+
B:(/&'.(,!!-/%
+-;'1,.(-,.(,!9(/(,.((.(&+<7
(.(-7
C:!%!(,!
B
.26',G+ !' !.6!BBPWVV
!:5.4 .4'5!+ !'4 !.356%+I&551DFF999E+ !'41.356%+E15F4.3!FTSFJ
!:5.4 .4'5!D999E8+.-%.,'!-5+E.,F$'+!4F'&!'3.UH35!3';.!334E1 $
!:5. ,!,/3' ,13!'5 !!'+'5. + !' !.6!
! ,.,!2(
%(&,(-/!,(/-
>:
'.!!(
,;-<-./(71/#(+)#**)01/2$*
! %(,+(,7/#)1+)##'31'#'#4
.;9&&9<7BH=BD=DBCG=*3<DBCG
?:%&'.(-(%!2(
)!(7?8?8>8
-!'((%(%7!2#/:'3/:/):))/)#*
('% (7/0
,/-!9'!(,/-!-7!2#/*20
/.,-,,'!-9(,,'!(7
--!!%!-7ECH>D
@:-,!(
!+(%(!7#3#'
,+,(1!&7
,0-,!(7 /!20#!2#/*2001)>0-*/)1/00//0#0:)1
/#)&0:*'*)!**#**20<*(-,>0-*/-.2)*0
'2!/0#0-/0*0)1/0#:'*'#5*0*'*)!*ECH>D:*(4**0'2!/0!2#/'3/:.200#12()2(-*)1*'3*)3/1)1
0//#0)2(*1(#0#4:)0(/!)0#/#**20:/0-1#3()1</1/#5(>0-*/!'*(/*0-*3*()1**))1/*:*(
*/#!((#3':2&0*0)1/2,0/.2#11+)#021#'#5(*4#01**.2/15#1*/!#*<-0/'!2(0/1/#5*()1(01$-#000
-1#* "*2&-')1 #)>0-*/2(-1#**2.2#)1#/* "*:3*'1*.2'0#0-,0*)01/2,0"#1#*)#00*/10-/*0)#(#0
-/0' #0!/$*'0<*)01/2*(4#01*)2:-/00-000:*/12/20!20:'!/*50:(-'0'*20:-*20(0*/0-/0<
*/3500-##/0*(/#/)*//**02)"#00*!/)#1*<0&)'00*-.2)0*00**#)1/#*/ 5>0-*/2('/!-*/1? /*)"
.20/)2(0#(-'0(2/*:*(*/1*20!20<010-*3**001*)*/('()1/**0-*/(-*02'1#3*-/-/*2*
020#01)#'*'<
&+(,.'!+!-"-.!9(%)!9/%./,%9-+(,.!07
(-*/1)#2'12/'00)#'()1-'01$-#000-1#*:/1/$01#001/!#*<
%0'!-(!%9(/(')&!7001/212/0"#1#*)#00*#)#*/00-/1#0.2*1##)0*01*/00*##0'*#0<
!&+,(+,!7/#3
('!!('%!-&(-%!-7
%&'.(-+,(+,!.,!(7*0*)01)10)*001/*0*0/0-1#3*0
(2)#$-#*0@)*#0-*)$3'-/1*1'#/A
A:('-,0(9%(,!2(
*-9(/+,($.(-$!&+%&'.(-7
-(-70#)#
-.(('-,0(9&-7))#-/'!2(01/#5*
(--"0!-!'.,0'*-/./,-+,-,0(7()21)*0/1/$01#0/2/#0:3'*/#5*12/$01#
0'./!-+,!,(-'-.(+,-,0(7
B:(/&'.(,!!-/%
+-;'1,.(-,.(,!9(/(,.((.(&+<7
(.(-7
C:!%!(,!
:<<::<@DBBBA?/.2#112//##*)'*/12!20<*/12!'/1*<#0*;2'#,0*(2#4*1:F<6<:)<DF<
! ,.,!2(
('-.,/*-&(%!'(%)!-
>:
'.!!(
,;-<-./(753',/-'..-4536( .
! %(,+(,765!!8!4A3'-5/-''+8
.;9&&9<7QUEOPEQOPTB.8QOPT
?:%&'.(-(%!2(
)!(7?8?8>8
-!'((%(%7+.-%.B+5.!45!+.
('% (7+.-%.A3! !4
,/-!9'!(,/-!-7+.-%.,1.E.3 .B%6'3 !.64
/.,-,,'!-9(,,'!(7
--!!%!-7453 . !.6!A6 !.44!-&.3 !&.4J18',!-5.!5!335' KA6-5..4-563'. !-&.3 .+5.!-.4.1" .5!+.
!%6'3 !.64
@:-,!(
!+(%(!7!3-6+3
,+,(1!&7
,0-,!(744!334 !-5645!'4!-.-53,.483'4.-45360!4 !,.'-&.4 !3. (;'.-4,3%!-4 .3'.!33!'3426'44!!-.-53,
!,36(-.,!:!. !6,-7+!. !-.,'- .1.3L.'-&.4 .6.LD454! '$'0!4!3,E4..-4536( 4.,+..4 !3.&2635;(5'A
.,3!'34!1 '!'34 41.354!,%3-'5.D538"4 !$.5.%3$'4-5'%4.-455,.426!.!3563!3$!'5!,+.64D4,.'-&.4 .6.1.446!,
.!3563 !5!+&D41 '!'34!.,3!'34 41.354!-.-53,.4 '8!34.44',.+.4%38 .4D46 !44.5,",3!$+!:. !455'8' !1.'4!3,
.-4536( .413!+!83! !48'3%6 .43'.4!13.- 6;'3A538"4 +!8 .,.'-&.D-.-53,.45,",36(- !6,,.'-&.26!13!!
3!$!-' ..,.,.'-&. !8!-5.*6-5.1!+ !.44!-&.3 .4&.4D45!1.446'1+-5'36+3!!-.-53G4!!,36(-13'+J1.446'4
13! !4KD.',- ..-4536'31.3'%6!+.-+8!4 .4!'4D
4,3%!-4 .3'..64A., !4526!13;.- .+5.! .45!+.A.4!38,G4!83'444 !,.'-&.A !1+-53!5-%6+3A.-4536.!,:'45.
-6A.!3563 ! 64%64.,3!,5!4!,+.64D!4!-8.+8!,G4!!, .'41'4.4A.'-$!3'.31.3.- !'36+%6,.8',!-5- ..4'45!,&' 36+'.!
.461!3'.3A.,4.+&. !, !'3.- !4!!-.-53,4,/4!4!3!+';,.%!, .!3!+A4!- .26!+%6-4'- 4!!-.-53,5'8.4D.4.1" !33 !'4!:'45!6,!4536563A3!!-5!,!-5!3!61!3 !26!" !64.4;.-+A.,4!!,%613!4 8'- . 4!33!.- 6;' 1.36,-+D
&+(,.'!+!-"-.!9(%)!9/%./,%9-+(,.!074,.'-&.4!6 !4!45.!-3'; .4-&'45/3' ..-!+&. !+.-%.A-.,! ,!-5!
3!+'.- .4.,'- 6453'1-'$' .36*4.3'%!-43!,.-5,': !" 'A!45- .46! '$'.3!$!3!-' -4-26'3'0!4$.-4'-4 !
PQTWD,5!,1.45'8' !,.%!'3446,'G4!.,.13'-'1+5'8' !!.-/,' !+.-%.A!-.4$'-'4 .4"6+.!13'-(1'.4 .4"6+.A
13. 6;'!45!'' ! ..35. !1.A',13','- .6,$.35! !4!-8.+8',!-5.-..-!+&.D45.1!3,'5'3.41 !'3.4 !+.-%.+',!-535. 3!%'.!-8.+8!-5!!.,.13. 65. .4!653+&.A.-53'6'3 !'4'8,!-5!13.-4536. -.8'%3!*A.,! ! '$'31!+.4$'-'4 .4"6+.
D.!-5-5.A!455'8' !H1-'$'.H.-53'6'5,",13+5!3. 1'4%!, !8' ...35! !38.3!41326!',!-5. .4$.3-.4
+!-&A13.8.- .6,%3- ! !4$+.3!45. 44!334D
444 !,.'-&.!.46 !4A.+.-%. .'..64A-6,13.8!'5,!-5. $.3 4464%64135'8' !,.%!'3A!,13+!+..,13. 6.
%3(.+A&6,-';,!458'$+68'+D
%0'!-(!%9(/(')&!7,5!,1.4!:'45',!3 !PUO,/426!45!',41 3'4+.'4.- !!3.-$!'.- $,.43. !
.6!!.1.J3!%6!'$K!'4.'5.4 !+.-%.J!'4PXOSCQPSKD34. !+.-%.13!4553'65.!45453 '0!4D,%6'3 !.64A!,PXWVA$.3,
' !-5'$' 4PV44 !,.'-&.4!QU,/4A4!- .26!PO*4!!-.-538,'-5'84D.3",'- &.*!,-5",+%6,3!+!8-'!.-/,'1!+.26!
135! $3'-&"$.3-!' 13.$3'. 3. !8'-5!4D
!&+,(+,!73'8 .
('!!('%!-&(-%!-7(5'. !,1.35-'.,6-'53'L+.-%.LA
'-4!3' .-! !563QOOO
%&'.(-+,(+,!.,!(7 .4.-45-5!4-.4 453.4 .43!41!5'8.4
,6-'(1'.4J-. '41.-(8!+135.5+' ! 3!K
A:('-,0(9%(,!2(
*-9(/+,($.(-$!&+%&'.(-7
-(-7
-.(('-,0(9&-7, !%3 .E$+5 !$6- .413.-4!38.
(--"0!-!'.,0'*-/./,-+,-,0(7!'+'5. !,.'-&.4138'4'5.
0'./!-+,!,(-'-.(+,-,0(73.13'!53'.4A63'4,. !.356%+A44.'0!4+.'4
B:(/&'.(,!!-/%
+-;'1,.(-,.(,!9(/(,.((.(&+<7
(.(-7
.'-&.4 .6.
.'-&.4 .45!+.
.'-&.4 .45!+. !%6'3 !.64
.'-&. !!-5.
.'-&.4 .45!+. !%6'3 !.64
-+ .,.'-&. !-53'
3!4 ..'-&. !-53'
.'-&.4 .+5.
.'-&.4 .+5.
C:!%!(,!
'83.L8'++ !8++.-%.L !.26',+8!4.1!4!'4PXOSCRUS
!:5.4+.-%.,'!-5+J999D8+.-%.,'!-5+D.,E$'+!4E'&!'3.VI35!3';.!334D1 $K
! ! !326!4!53.1.+'5-.4-3- !3!!53.1.+'5- ..35.B!+5/3'.'-+D!8!3!'3. !QOOXDG'45!,44536563-5!4F.64!
!33!'3
'5!
ADDAADDJPXWVKG
D!8'45 !'#-'4
'45/3'4D.35.C-'8!34' !.356+!-4!D.+DA1DRSPGRTTD
"!-/-"3)
-%))'),&.)
./")8)..(!)-)&/)
(/
.&
?;
(/"")
-<.=./0)953',/-'..-4536( .F!+'%'.4.
"!&)-,)-93'-5/-''+7
/<:'':=9OXFOQFQOPTG.7EQOPT
@;&'(/).)&"3)
*" )9QEQEQEPE
." ())&)&9%6'3B+5.!3- )(&!)93! !4
- 0.":(")- 0.".9%6'3 !.64
0/-.--(".: )--(")9
%3!* !..,.
8DGQTRPS9DPUOUTT
1!+ !..!45'.IPJ
8DGQURPR9DPUQPSR
1!+ !.44!-&.3 .+5.IQJ
8DGQTQPU9DPUQPTW
1!+ !-5
4!+IRJ
8DGQTOTP9DPTWWXX
..""&".9RPXGQG6 .35!+7E !.!45'.IQOXGPJCRPXGQG7!-' .44!-&.3 .+5.CRPXGQG6 !-5
4!+
A;.-")
%3!* !..,.
",)&) "9!+'%'.4.F
%3!*
-,-)2"'9
-1.-")9& 13'-'1+3!7!45' :6+!*.B !+','5 1.31'+4534 !-53'26!3!,5,-$.3, !1'5!+B!-', .41.3.36&"64E
$3.-5.53'-%6+3 .5!+& .5!,-.7"35'!!-53+6,36: !1.-54!-3'26!' 444!-5!-6,4!26 3-%6+3E.+ .!426!3 .!45-!86,
5.33!B46 '7' ' !,53#4+-.4!" !+','5 1.31'+45343!,5 4-.5.1.461!3'.31.31'-6+.41'3,' '4E.13',!'3.+-.5!,6,*-!+
3!5-%6+37!35'+B-.4!%6- .+-.6,/6+.'36+3!-.5!3!'3.47!-5-44'-!'34E1 '!'3 1.3513'-'1++#G4!'-43'.KKE45
'%3!*5!34' ..-4536( B-.4"6+.
B-4!26#-' .- .-. 13','5'726!4!+.+':3G4!G'*6-5..45!+.E63-5!.4"6+.3!+':3,G4!
73'4.34 !3!4563.E
1!+ !.!45'.IPJ
",)&) "9!+'%'.4.F1!+
-,-)2"'9
-1.-")9+-53!5-%6+3B13.$6- ,!-5!+5!3 E.!3563 ! 64%64B.,13.+.-%,!-5.!3!4!-5. !6,7- . .+ .
!426!3 .B.- !4!!-.-53 .44 .6,+1!- 3! !1+26!13.5!%!1.3513'-'1+ !7!3%3!5E!-', .1.36,36:7: + ! 1.3 .'4
1'-"'4 !:6+!*.4B.,$'%634(+'4E413! !44.1'-5 4 !3-..,6,$'845-& !$'-'36,3. 1"E.+ . '3!'5. !45G4!
5.33!4'-!'3 !%3-'5.B46 '7' ' !, .'4+-.41.36,3!44+5.E.13',!'3..47.4326! .4 !144%!,4.7: .413 .'4+ .4E!$!3#-' *-.4"6+.4
!
B4!- .26! 46-5'%6' !1!3,-!!,1!-4+%6-4!+!,!-5.4E
1!+ !.44!-&.3 .+5.IQJ
",)&) "9!+'%'.4.F1!+
-,-)2"'9
-1.-")91!+!7.5'7;EE; .+5.B !1+-53!5-%6+3B.-45'56( 1.3 .'4.31.4B1!+G,.3!-7!B5!- .4' .!45$365. !
,1+'.E.-4536."!,2635:'5.!3!. -,'.3135! 413! !4E!-53 13'-'1+"13!! ' !6,1!26!-.+1!- 3!B4645!-5 .1.3
2653..+6-4 !.-4536.3!!-5!E$& 5!,6,1'-!+ !:6+!*..,3!13!4!-5. !.44!-&.3 .+5.E!,4.$3' .73'4
3!.-45360!413.+&',!-5. .41!3!%3'-.4B'-+6'- ..-4536. !6,!4 3'.+.-%. !-.4513$'+'53.!44.E.3%.!4544.' .
+!- &.,/-',B3!%'45 !,PWVS1!+..5-'.6%645.64. '+7E!$!3!-' !,PUQRB$.'+7. !'-5!37!-0!4-.4"6+.
! !,1+'0!4
'7!344.,.4!-5' . !3'3.- '0!413+!3%3.41!3!%3'-.4E
,&(/
.&<A=
",)&) "9!+'%'.4.F1!+
-,-)2"'9
-1.-")9+-53!5-%6+3B$& 3!7!45' :6+!*.41.+'3., .4B3!,5 1.36-&'4 !%3-'5.3!,5 .4!,$.3, !1'5!+!
!-', .41.31'-6+.4E.3513'-'1+!,3.3! .- .B 6!+444!-5!4-6,',1.4526 3-%6+3!$!&.4+'!-5!B!-', 1.36,$3!45 !
1 '!'3326! !!,.+ 63 1.3%3-'5.E$3.-5.53'-%6+3 .5!+& .B!,.+ 63 .1.3.3-'* !%3-'5.B5!,6,36: !1.-54!-3'26!' 4
44!-5!-6,4!26 3-%6+3-.7"35'!!-53+E
+5!3+!426!3 !45G4! .5!+& .6,1!26!-.,1-3'. !6,4/3.B1.3', !6,1.3526! !44...3.E!45+5!3+$.'-!8 .
6,+1!- 3!26!3!4%63 .!44.43'45'E!$!3#-' *!,PUQRB4.$3!645-5!43!.-45360!4E
',)-/(",". #./":)&* ":0&/0-&:.,)-/"194541!+44..5!45!,6-&.6+563+ 3!+'%'.4' ! 4%!-5!444.' 4,-'$!450!4
$!45'7426!3!$+!5!,3!-4B64.4!.456,!4E
&1(".)"&:)0)(*'"96%3 !6+5.3!+'%'.4.!3.,3'
"',-),-"9
%3!*5/+'
&'(/).,-),-"/-")9 .4.-45-5!4-.4 453.4 .43!41!5'7.4
,6-'(1'.4I-.
'41.-(7!+135.5+' ! 3!J
)("")(&".').& ".935EROB+(-!4R!S .E7'4.-E<URQVBBQ;
!3'!B-E<XW !QQ !,'. !QOPS
B;)(.-1):&)-"3)
+.:)0,-)%/).%"',&'(/).9
.).9!+'%'.4D
%3!*!1!+
./))(.-1):'.9.,
)..#1"."(/-1(+.0/0-.,-.-1)9,-65!-.
1(/0".,-"-).( ./),-.-1)9
C;)0'(/)-"".0&
,.<(2-/).-/) -":)0)-/))/)',=9
)/).9
%3!* !..,.
%3!* !..,.
1!+ !.!45'.
1!+ !.44!-.3 .+5.
1!+ !.44!-.3 .+5.
1!+ !-5
4!+
D;"&") -"
BEBH.-.%3$' !3! !4E.35.D'1.%3$' !63.65.L'-5.EPXQQGPXQS
BEECBEC
BEG43!%6!4'4 .'453'5. ..35.-4!,/3'43.26''4 !PVTWE!,/3'4B'45/3'!53',/-'.E
.+!.G.356%+-4!,/3'43.26''4 !PVTWE3%B7.+ETEQOOX
BEEH.-.%3$' ..-!+&. !3! !4DPG3!%6!4' !%6'3 !.64+E3! !4D,36-''1+ !3! !4BPXWW
BEH5+.%. .4'41.4 ..35.E.35.D$$''-B1'4.1+EPUQR
! ,.,!2(
+%'.,,
>:
'.!!(
,;-<-./(7/-!&)'!(!./)-!(<0%/0-%
! %(,+(,7!'/0.
.7BF;BA;CABE
?:%&'.(-(%!2(
)!(7?8?8?8>8
-!'((%(%7+%'/--
('% (7('(&-
,/-!9'!(,/-!-7%-..
/.,-,,'!-9(,,'!(7
--!!%!-7:
@:-,!(
!+(%(!7-,0!//0-%!!(.
,+,(1!&7
,0-,!(7?+%?'/--./%(%!3'.--.%(-.6'/!.--(.(-.9.+(-%!!(.('0'./1-/0%/(9
(!&'('./-0!-&BGGE6+!((.-!-!-!&6+-(+-!/-!(.!'.!<(0-(6(&(!'/0!/(+-./- (&'&'/
--6+-(!-(.&!'!-(.9
./-!%(%!3'.!&!*..2+%(-*.&!'!-.6&('./-'(..!&(/(+!(-!-!&+-(&(.(+--!(.6/'(./.0&%(%
1((9
+.-./1('/6+%'((!('%0"6/0%&'/./&-0"'.6&'/'(%0&.+-.&+-!/(./(('.-1(9
&+(,.'!+!-"-.!9(%)!9/%./,%9-+(,.!07
%0'!-(!%9(/(')&!7
!&+,(+,!7
('!!('%!-&(-%!-7
A:('-,0(9%(,!2(
*-9(/+,($.(-$!&+%&'.(-7
-(-7
-.(('-,0(9&-7
(--"0!-!'.,0'*-/./,-+,-,0(7-(&(1-(%1'/&'/(./0( !./)-!(<0%/0-%-,0(%)!(7
'%!.('.-1(<-./0-((!&)1%6!''/!1-!'/-1'(.(.//+-(%&.('.-1(7
(%(-.!'%!3( !./)-!<-/"./!/0-"./!7!.+('!!%!3-!'(-&(&.0+(-/++%6!!/%-(/!-(./0-"./!(.9
0'./!-+,!,(-'-.(+,-,0(7
B:(/&'.(,!!-/%
+-;'1,.(-,.(,!9(/(,.((.(&+<7
(.(-7
C:!%!(,!
6!'-!(-.(&.760%-!./!'-!' (<
'1'/-!(./0(.!-$.+%.(('% (('(&-9-(!(
!'/(8('(&-6BHHG9
6&!%(<('% (('(&-=+('/&'/(('(-!(.>9!+(-!-!(.0'!(.8(-/(6BHGD9(%
9+9DEH9
#".0.#4*
-'/*'0*)01/0?)0
1/0)01 #):<#)*:.<5*/
"*/@
B>
)0# #*
.?/@/01*;31%*-+%,,+2314&,
#"'*.-*.;4362
E,*/%)/,11%23%+41%1F
0?=((=@;NOCLMCNLMQE,*/%)*LSCLSCNLMQF
C>'()0*/*'#4*
+#!*;C<C<C<B<
/#!)**'*';EMF+$,1$,2ENFEOF104+3423E,
&3%,231,/,)%3+,2F
*)'"*;),+#,
.!1/#=)#*.!1/#/;),+#,
10./. .)#/=!*. .)#*;
/),22+$,1$,2EMF
3%34APMIMMGMRBNH@,+#%34ATIOLGPTBLH
/)+3423+34"%+ENF
3%34APMIMLGOUBTH@,+#%34ATINUGQLBUHE)6,OPL*32F
/)+3,%+,EOF
3%34APMIMLGPLBMH@,+#%34ATINUGQOBSHE)6,ONL*32F
//##'#/;
/),22+$,1$,2EMF
4,22+$,1$,2E/6%*+3,3113%F
/)+3423+34"%+ENF
41+3,2,41%1,E/1)),F,44B%+,E/1)),F
/)+3,%+,EOF
41+3,2,41%1,E/1)),F,44B%+,E/1)),F
D>/.#*
-'*//)"*."*/?B@
#-*'*!#;
#1(2C,*1%2
.-.*3#(;
.2/.#*;%"%+4*/04+,/)+)3,211),+#,?3MRNQB,%*+,+2314%1/,1$,* +3-+%,1%"%7/+22
,04%*1042,6?+341)23),+#,?*MTRRB)+313+#4)1?+65+%?3)$,42#42,*148/%+4),2B2314341
#1+&3%%B$/1%+%/)3*,+31,/,13,*(+)6%1?04 )/,142(+)2B31%,,*148%1,B
(-*.0)#-#/!$/0#=*'+!#=1'01.'=/-*.0#2;,)%8D2+4*1/)+)3,,+26%234*731,1%+1%/%2#*041+#2
%2),+#,,,13,12/3%6,211,12?22%*,*,,3)+3%,B2%*%.2+,+31*D2214&+24*+3%#,*,%+$,6+3,B
23/)2322,%,,4)3,,22+$,12$2?6,#/1,33,1,2+6#+323,,204)2042+,+31**/1%#,,4
*%"%4)2B
'2)#/*#'=*1*)+(#;,)4)3,*)*3%,+6%6!+%1)%#%,22#+32,),)B
-')01/0)01 #)?C@
#-*'*!#;
#1(2C,*1%2
.-.*3#(;
.2/.#*A4*%"&%,1623%,84)(,2?/,224%+,%*#+22422+32+"$B%"&%,3,2+,2OL,2 BEMUORF?3+,
2,"1%,3 3%6122%+316+.204)311*24*,1",),#%%+%%)B
(-*.0)#-#/!$/0#=*'+!#=1'01.'=/-*.0#2;,)%8D2+4*+,36)*%1,41,B",(,(4+3,,1,+,13/) 4*1#%23,
7/),1,*%+ 1%,1,*+?23)%*%3,/,14*#41/1/1*%3%124,216,B23/)23,22,%242/12,+#+2
1)%#%,22A+3423+34"%+?6+12/),2,)%1,204*2,/1,%12B
'2)#/*#'=*1*)+(#;,)4)3,*)*3%,+6%6!+%1)%#%,22#+32,),)B
-')0*#)*?D@
#-*'*!#;
#1(2C,*1%2
.-.*3#(;
.2/.#*;23),)%8,+?2#4+,,1,/2,2%2?+,3*/,,2,,231%7%23%,4*1*%3 1%,?*%2312314&,/),2
12B/,+3D2,2 B
/124%"%,B*MTSL/)",%",1*4)?1%"%21%23%/+!+%/,231%,1/)D*,1B%2
31?",%,+2314&,,,1,134*6+%1,1%83 (4+3,/)B
(-*.0)#-#/!$/0#=*'+!#=1'01.'=/-*.0#2;,)%8D2+4*+,36)*%1,41,B23/)2322,%,/12,+#*1)%#%,2+3,
%+,?6+1,,*,6,#,,2"%%+32B
'2)#/*#'=*1*)+(#;,)4)3,*)*3%,+6%6!+%1)%#%,22#+32,),)B
!#(-.*-.#;EMF1,/1%/1%6D1-04%),+#,ENF
EOF1,/1%/1%6D
#1(C,+"11%+3423
'()0*/-.*-.#0.#*;,2,+23+32+,2231,2,212/3%6,2
*4+%&/%,2E+,%2/,+&6)/13,3)%1F
*)##*)'#/(*/'!#/;&3%,
*/,13+%,*4+%31%H),+#,H?
%+21%,+341NLLLC%2#*1,3#%,)21123
423%2C
E>*)/.2*='*.#4*
,/ =*1 -.*&0*/ & #(-'()0*/; EMF 2 22,2 /) ",1* +"%%,2 /1 "%)%31 %14), 43,*-6) /,+)B ENF EOF +6,)6+3 2
/) ",% ,(3, 4* /1,(3, 104)%"%,? ,+)4&, +, +, NLLQ? 04 124)3,4 + ,+2314, 4* "31%? 4* /104 %+"+3%)? *22 /1
/%04+%04? 2+%31%,2 4* ,13,? +6,)6%,2 /,1 */)2 12 612 ,* 61%,2 *%+$,2 /,+%2B /) +3 423 +3 4"%+ ",%
12341*NLLTB
/*/;,)4)3,1,*1%
/0**)/.2*=(/;8,6)C+)%2*,%+!+%,2"),123%2
*//$2#/#)0.2),/ 101./-./.2*;*+43+,2/)2+6,)6+3
2)01#/-.#.*/)!/0*-./.2*;EMF1-04%),+#,ENFEOF,+"11%+3423
F>*1()0*. ##/1'
-/?)3.0*/.0*!. #=*1*.0* *0*(-@;
*0*/;
/),22+$,1$,2
/)+3423+34"%+
/)+3,%+,
G>#'#*!. #
),#%1%+$2),+#,E$33/ACC/%1%+$6),+#,B),#2/,3B/3CNLMMCLUC"232D*D$,+1DD+,22D2+$,1D2B$3*)F
%3),+#,*%+3)A373,22/4)%.2H),+#,341H+B9ST
73,2,2%3H%3%,231,/,)%3+,2H
73,2,/1,22,*/1%304)%"%,41+&23%+6,)6+32/)2
73,2,2%3
%61,H%)))),+#,HB,04%*)62,/2%2
+-+ 1'
$% &,+.1 +',
=9&- '
+,-.'61/#(+)#**)01/2$*
'%* $*'+6/#01#)2/#/B/#)1+)#0#'4
-:8%%8;6OLBMNBNLMPE/4#01(MNBMLBNLMQFB*4NLMQ
>9$%&-',
'$ 1'
( '6>7>7>7>
, &''$'$6!2#/EMF/)ENF
'&$'6/0'*)!*
+., 8& '+., ,6!2#/*20EM>NF'*)!*
.-+,++& ,8'++& '6
'(#)"0!2#/EMF
5CCNROLMCMRNMTQ
/27#/*#C0/ENF
5@CNQLPR6@MQTULO
/27#/*0)1
201
1#12@PMIMLGOUATH?*)!#12@TINUGQLAUH
/27#/*A8/A8"*0
1#12@PMIMMGMRANH?*)!#12@TIOLGPTALH
,, $ ,6
'(#)"0!2#/EMF
4A*01#*ENLUCMF
/27#/*#C0/ENF
2)10')*/*-'
/27#/*0)1
201
2/)1*0*2/#/**22A#)*
/27#/*A8/A8"*0
2*00)"*/"*0E-4#()1*1//1#F
?9,+ '
*'$' 6'(#)"0!2#/EMF
+*+'0 %6
+/,+ '6*)01/2**) #!2/*.2/)!2'/>/(102-/#*/1/#)!2'/>00)1)2(-01'>1((!/)#1*>*) #!2/*
1/**+)##)4/1#>*)0'*'#7/)"2/-/00(*'0A*)1(-*/)A
*'$' 6/27#/*#C0/ENF
+*+'0 %6
+/,+ '6/27*()'2/0'*)!#12#)#0*'*)!*0"0104/1#'"*/#7*)1'00)1)2(-'#)1*3#**((*1#4*0-#5*/#01*
02'-#*0)0 0E-/!*0>(/1'*>0F>12*'4*-*/*#0!/20-')1/1)!2'/A
*'$' 6/27#/*
+*+'0 %6
+/,+ '6-1/#(+)#*/'#!#*0**)01#12#C0*(*/'4)1(/#)1#2'12/2(-*4*A//)1
2015#01(12'()1
O/27#/*0@N))4*'4)1-')1
201A#)**21/*&2)1*-'A8/A8*0"*0A/'1*05#01)#(#05(-'/0.2
)1/1)1*0-//(A/C0.2*012#0 /#(-/12(4#0/A
%*'+-& * ,!,- 8'$( 8.$-.+$8,*'+- /6
$/& ,' $8'.'&(% 6*/1()1)/#7*)01/#,0/'#!#*00**)'"*'*)!*/0
%*+'*+ 6!/&
'& '&$ ,%',$ ,6EMNFC/1AOL>'$)0OP*A4#0*)A9RONS>>N8/#>)A9UTNN(#*NLMP
@9'&,+/'8$'+ 1'
),8'.*+'#-',# %*$%&-',6
,',64*#*)'
,-''&,+/'8%,6/7*4'
',,!/ , &-+/&),.-.+,*+,+/'6()21)*
/&-. ,*+ +',&,-'*+,+/'6*) //#0>>00*#,0'*#0
*,:&0+-',+-'+ 8'.'+-''-'%*;6
/27#/*A8/A8"*0
'-',6
/27#/*0/.2-'0)1
201
/27#/*#C0/ENF
/27#/*#C0/ENF
'(#)"0!2#/EMF
A9 $ '+ >AAFD*)*!/ #**)'"*/0@MC/!20#!2#/*20A/0@(/2)##-'/0AMUTT
! ,.,!2(
'.),!(('.=%.(
@:
'.!!(
,;-<-./(7.,$'%&&%-.,/ &
! %(,+(,7%
./-
.7@D9@?9A?@C
A:%&'.(-(%!2(
)!(7A8A8B
-!'((%(%7%.',&
&%.=#.&
('% (7&%&$,
,/-!9'!(,/-!-7%3,-&,&&1
/.,-,,'!-9(,,'!(7EB?BA=EG9E>H?DA=DB9A>
--!!%!-7:
B:-,!(
!+(%(!7,+/../,1#
,+,(1!&7:
,0-,!(7.-/&%-,;-%.,&%&BIDC<BIFH7&-/*, &&/%&%$%.&%.,BIFHBIGF9,&".&*#&
,+/..&0#&&-,.&7+/%.,&/.,-&,-7-.;-&..,&1&#&%$&#-/%&&,.&9&&0#.$&-%.',&%//,&
%&* -7+/,-&-&,&-%1&#1&*#&,.//-,&#2&#7.,1----.%&-/,/#&-&-&&,.&,./#7*(
-,&%-.,/ &9;-+/.,$%#./,&-//%&%$%.&.1DAA&%.-%.,%&-9&%&%&$BIGF71%&-,#1&
1%#-$&--%.&9./#$%.%&%.,;-&$*#.$%.,&7,-.%&*%--*,-& &9
&+(,.'!+!-"-.!9(%)!9/%./,%9-+(,.!07#&#%.,--%+/%.&$,&/,&
%0'!-(!%9(/(')&!71%./#,+/#&&$,.&,%&&%'$&
!&+,(+,!7,1&
('!!('%!-&(-%!-7
C:('-,0(9%(,!2(
*-9(/+,($.(-$!&+%&'.(-7
-(-7*%.##7--)-&.&,-7999
-.(('-,0(9&-7/.#3&%171%#-$&
(--"0!-!'.,0'*-/./,-+,-,0(7,&$&1,&#1%.$%.&-./&-.',&;/#./,#,+/&#'&8
%#-&%-,1&;,-./,&&$'1#7%.,1,-&-..*,&#$-&%-,1&8
,&$&1,*,,-&$%.-*,1-%$%$3,&-*&7.%.&% 1#,+/..&%&&$&%./,#*--.&8
&$%.,.1-#0-%&-*&%1&#1%.9
0'./!-+,!,(-'-.(+,-,0(7*,&*,.,&
D:(/&'.(,!!-/%
+-;'1,.(-,.(,!9(/(,.((.(&+<7
(.(-7
E:!%!(,!
"!-/-"3)
)(/.--)1"-".
?;
(/"")
-<.=./0)820$),*$++*1203%+
"!&)-,)-80$12$*30$0
/<:'':=8JLAKKALJKO
@;&'(/).)&"3)
*" )8@9@9B9?
." ())&)&86*#
)(&!)8(+*"+
- 0.":(")- 0.".8).+A+0+
0/-.--(".: )--(")8NK+KJGLM?PNGGQ+LQGLQ?OLGGE(4+CKJJ)20+1F
..""&".836*#<NNNJCJNL).+(+*"+
A;.-")
",)&) "8+*21
-,-)2"'8@
-1.-")8+*22%.$0/3$2230+!00+<+)23($0+)2($+1312*2+.+0/320+.$(01?12+*'3*2++*2$*3+.0)+1+1
(+1.+012032301"0*%2$1/3104)0+14+(2.0!$2+)(23011$"3$1<.+0/31.2)1$00"3(0$1+200*+?+0+0$+
00$0<)).+<104($*#!00++30+$*3"30)'3(#+KQPO?
',)-/(",". #./":)&* ":0&/0-&:.,)-/"181202"$1$23+"+"0!$).+<.+*2+.11")+0$"2,0$+*20+($2+0(+
$*20$+0<!6+)/3+1
).0+01+)*+1$11)1.$(2*++*1203+4$1?0))$+1+)3*$+0.$+1<.0+50$2+
)0+01<*1($"-1+012++
).0$++)*+?+).0+405$12 *$124$!$+3C*+1+2+.,*$)+$(#0$<+205$12$+($3))0+
)$($0$+C)0+1).0/34)+14$'*21$*$-11$12*$11(+($1.0$*$.$1?
&1(".)"&:)0)(*'"820411+0$+00$0<!6*+($"++(3"004+$0<'3*2+1)$*10,1$+1(3"01$*#1
04*?$(#0$+*+)2+)+3))0+)$($0$+/3($#+34<+(++*1200+)*1"3*+0)/31"3$*+*+12+012
100+$+2"3$0+31104$)$++)3*$+20*1.+02.0+0$++30++1)$*0$1+320+1.0+32+1/3#4$)10
(4+1.$2(+
).0$++)*+E$(42(?<LJJKF
"',-),-"8+)%*$+.0$4+
)("")(&".').& ".8%2$+
).+02*$+)3*$20$H(+*"+H<
$*10$+*230LJJJA$1")0+2"$+(10012
312$1A
&'(/).,-),-"/-")8+1+*12*21*+1120+1+101.2$4+1
)3*$%.$+1E*+$1.+*%4(.02+2($0F
B;)(.-1):&)-"3)
+.:)0,-)%/).%"',&'(/).8+$0*2)*20+*1203%(0"?
.).8
./))(.-1):'.8+)
)..#1"."(/-1(+.0/0-.,-.-1)8+A(20301+1.0+*104+
1(/0".,-"-).( ./),-.-1)8
C;)0'(/)-"".0&
,.<(2-/).-/) -":)0)-/))/)',=8
)/).8
D;"&") -"
#22.>AA$1133?+)A0/3$4+#$12+0$+4(+*"+A+1A.02DKD.+*21D+D+*(#+DD4(+*
$(42(?<LJJK
$2
$40+H4$((4((+*"+H+/3$)(41+.1$1KRJN
0+'2+$*MRKA
C(4+0"31$).+<*++*(#+(+*"+<2"+0$$(
0/3120+.+($2*+1*0*020+.+($2*++02+=(2,0$+$*(?40$0+LJJR?C$12)11203230*21B+31
00$0
! ,.,!2(
('.-,((0!,!-
>:
'.!!(
,;-<-./(70."'*("))(/0.1#)
! %(,+(,7103/E.3"/0,).."/0"(1.".F@."
(0*(""&3
.;9&&9<7NNCLMCNLMQE.3"/0'MNCMLCNLMQF@)3NLMQ
?:%&'.(-(%!2(
)!(7?8?8A8?
-!'( ( %(%7 EMF )(0 (0" .3//)/@ ENF )(0 )7 ) )1/@
EOF)(0/)( ./@EPF)(0)1@ERF)(0&!"(!)/
('% (7EMF@ENF@EOF@EPF&)( )@ERF./
,/-!9'!(,/-!-7EMF@ENF@EOF@EPF',)C).)@ERF 1".
)1/
/.,-,,'!-9(,,'!(7
)(0(0" .3//)/
)(0)7))1/
)(0/)( ./
)(0)1
0"01PMILUGNRBLH@)( "01TINUGLOBUH
)(0&!"(!)/ERF
5ADNPSQT6AMQTQRS
--!!%!-7
)(0(0" .3//)/
)(0)7))1/
)(0/)( ./
)(0)1
)..).)&* ")C/0.))1E,.&&)F
)(0&!"(!)/ERF
)%/0"3
@:-,!(
('.'.!,0--(-;><
,0-,!(7
('.(2((/-;?<
,0-,!(7
('.-(',-;@<
,0-,!(7)(001&".),&()?&(/).).")..".B/, +/)'"('')(//"(!./ .(#0")/?(/"/"(.")./?)'&))/
".. 1&./5"/0)B,"&.(0.&?).'()0&!'.0."( 1&.?5")',.&!)/"&!./ .(#0")/')&1./1,.")./&"(0B/)(!D/
0)(/0.1),)(0B,.)33&-10(!/"))(")'1'/)&1))"/.)/-1()! .'/.)(&1#)/)1).'/0.1#)/
,).& 1'!"'"/3")&(0B
('.(/;A<
,0-,!(7)(001&".),&()?&(/).).")..".B/, +/)'"('')(//"(!./ .(#0")/?(/"/"(.")./?)'&))/
".. 1&./5"/0)B,"&.(0.&?).'()0&!'.0."( 1&.?5")',.&!)/"&!./ .(#0")/')&1./1,.")./&"(0B/)(!D/
0)(/0.1),)(0B,.)33&-10(!/"))(")'1'/)&1))"/.)/-1()! .'/.)(&1#)/)1).'/0.1#)/
,).& 1'!"'"/3")&(0B
('.% !' (-;C<
,0-,!(7)(01'/*.)3)&0"(0".)'"'"0)&'))?/"&!./ .("0),.'(0)/'5"/0)B.3"(0" /0.-1
&" 3 1".)1/&./B)(/0.1)/ 1('0)/1&)B".D/-1(/0. ")?,./0.(/,).)"))1/3."/,)(0/
,..").')(/0.1#/)&)( ))/0',)/?/-1"///0'?)'.0.#/0"/'"3"/3.")/.)/?)(0/)(!&3.?
)/"("/)/1&)?)(0)/0&))/()/PL?,)(0)&0)-1/1/0"01"11''".B
!&+,(+,!7EMF@ENF@EOF@EPF)'#("),2&")@)'#(")
,2&")ERF
%&'.(-+,(+,!.,!(7)/)(/0(0/()//0.)/)/./,0"3)/
('!!('%!-&(-%!-7#0")',).0(")'1("0."H&)( )H?
'1("#,")/E()"/,)(#3&,.0)0&".F
"(/.")(01.NLLLC"/ '.)0 ")&/../0
1/0"/[email protected]?&#(/OP)B3"/)(B9RONS??N8."?
(B9UTNN'")NLMPERF
A:('-,0(9%(,!2(
*-9(/+,($.(-$!&+%&'.(-7EP<)&))3)'NLMOCMP>
-(-7EPF3".")@01."/')(01.7
-.(('-,0(9&-7EPF7)3&C&0.1./)/,.)(/.3)
(--"0!- !'.,0'*- /./,- +,-,0(7 EPF .,.) 01&".)B &"7) ,.)%0) .-1&"") )',(!) /01) !"/0).")D
.-1)&* ")B
0'./!-+,!,(-'-.(+,-,0(7@1."/')).01 &
B:(/&'.(,!!-/%
+-;'1,.(-,.(,!9(/(,.((.(&+<7
)(0)1
(.(-7
C:!%!(,!
"!.0."7))')(B9.0) .")DLS()'"0).&!)',).&"7)()'"0)
3"/)))&)( )NLLUCNLMLB
50)/)"0&"/).01 &E!00,ACC444B&"/,).01 &B,0C/).CQPCF
)1/?BD)(0)&!"(!)/B.) .//)./B./NU
1&BNLLS?,BNL
! -/-!3(
0-(./-!!('!.
@;
'/!!(
-./0(831%*-+%,,+2314&,
! %(-+(-81%23%+41%11%+-+%%)6
/<:&&:=8II@GH@IGHKB16%23*HI@HG@IGHKC>,6?IGHK
A;%&'/(.(%!3(
)!(8A9A9D9
.!'((%(%8112+3423%2>+3
1%+(2
('% (8),+#,12
-0.!:'!(-0.!.8),+#,=*/,A,1,>12A,1%1
#4%1,42
0/-.--'!.:(--'!(8112+3423>%2>+3
1%+(2
..!!%!.8 4 1 +3,2 ,41%1,> 4 ? %+,> 4 +3 )+> 4 ? ,,> 231, ,4> 4 2 -6,2 /,231%,1*+3 /,1
*%+$,2"),123%2>JHNAI*%+$,2"),123%2
B;.-!(
!+(%(!8*41,2
-+-(2!&861%6)
-1.-!(8/%2#*2112+3423%2=+3
1%+(2 ,*/,23/,14*2 1%,+2314.204*,)1*,),+#,,2
3*/,2+,A)$,1315+%,04/,224%?,%22,7*/),,2*41,2*7%23,@,41,$04138&3%=*31%%2+,121#%,=43%)%8,2/1
)%*%31/1,/1%2=*/,24)3%6,2@,4/23#*?,43%)%8,23* */1242313112*)%62/1,3#1,26+3,2?+,+31*,2
3* *+/%2#*)(2*),42=+/,2%,613%)=04216*/1*11,2)%*%322/1,/1%2?)#4*2/,224*#16,2%+%%%2,2
+,*2,2/1,/1%31%,2?,1682232,+2314.243%)%8*3 +%2+,2/1*+3,2/*+3,204%*/1%**04%)&1%,23 3%/%2#*?
&+(-/'!+!."./!:(%)!:0%/0-%:.+(-/!182*41,22)(22,)*+3,204131%8*+,22/%2#*=2314341+,A,+23%34%+,
#1+26),124)341%223 3%,2?
%1'!.(!%:(0(')&!81")323 +%2,+23143%62+231%2=,21"8104223/11?
!&+-(+-!8,*&+%,/1%6,
('!!('%!.&(.%!.8&3%,
*/,13+%,*4+%31%D),+#,D=%+21%,+341IGGG@%2#*1,3#%,)21123423
%2@>/1,/1%/1%6
C;('.-1(:%(-!3(
*. :(0 +-($/(. $ !&+%&'/(.8 2 %+316+.2 *%2 1+32 ,/3,4A2 /,1 43%)%81 *31%%2 3 +%2 31%%,+%2 /1 22%* 1 4* 2+3%, ,+3%+4%=+,+2314,22+%)*+3*41,2?
.(.8)%*%3,311+,2
./(('.-1(:&.8+)%2*,?
+!+%,2"),123%2?1,4,"),123)?2/,13,2*,3,1%8,2
(.."1!. !'/-1'*. 0/0-. +-.-1(8 +2%%)%8, ,2 /1,/1%31%,2 /1 24 /1216, "%+%1 *%2 04 %*/* 2423%34%, 23
3%/, 23143412 /,1 ,431,2 *31%%2 +,**+3 3%(,), , 3,? 1,*,61 ",1*, 3 +%,2 04 * ,+3%+4% , 21 "81 23 13
,+23143%6?
1'/0!.+-!-(.'./(+-.-1(8
=A=
=+%612%,,13,=22,%.2),%2
D;(0&'/(-!!.0%
+.<'2-/(.-/(-!:(0(-/((/(&+=8
(/(.8<!'1!.((%('(;./0(./(-!%-,0(%(!;-,0(%(!>/-!&('!(=
E;!%!(-!
))2=,+),%%1,AD,+2314,+,*/,2%,/%2#*141)D=%+%),#,2%"%,=HNNM=//?HJLAHJN
! ,.,!2(
!-.&- !,(,"(%-
>:
'.!!(
,-./(71/#(+)#**)01/2$*
! %(,+(,7/#01#)2/#//#)1+)##'3
.;9&&9<7FJ;DE;FDEI=*(-#'(EF;ED;FDEI>9*3FDEI
?:%&'.(-(%!2(
)!(7?8?8B8
-!'((%(%7'#*2
('% (7'*)!*
,/-!9'!(,/-!-7'*)!*9
/.,-,,'!-9(,,'!(7
#01(/!#*'#*2
1#12HEADL?GG:H@9*)!#12KAFL?EF:F@
--!!%!-701/**28*//*/*'+!#*
#01(/!#*'#*2
01/**2
@:-,!(
#01(/!#*'#*2
!+(%(!70#01("#/*!/$*'
,+,(1!&7
,0-,!(7'#*2)*)1/(*02(0#01("#/2'#*(2#1*#)1/00)18/'#*)**(-/1#!/$*':01*)01#12$*-*/
-/00!2)#08'!2)0021//)*0*)01/2$*0('*208.2*)24(0!201*0(-*0!/$*'0:!203##01/#2$
1/3001'"#/0'*20:
#/<0.20#01(0#)1#*00*#)1# #*0)0 /!20#0!2#/*20*/#/*(01.2-/*0!*0*/#/*0.2*//0-*)(
!20-/1#'"0-*/3/#*0*)0*/108*(/!/0"*//#*021#'#4*(2#1*/#!*/*00(*(*)*/(0()21)*'#)"!2/0-1#30
-/00:
&+(,.'!+!-"-.!9(%)!9/%./,%9-+(,.!0701001/212/0*)01#12(2( 1*/#)1#1/#*/3'(01)*'*!#01/##*)#021#'#40)
-/1#!/$*':*002(/1/3/)2'/:
%0'!-(!%9(/(')&!7/ '101)#0*)01/21#30)01/#08*0/ 4/.2001-//:)#)(#4/*-*1)#'12/$01#*
*)+(#*8*(#(-1*0)*0)3*'3#()1**00/3#*0**(/#*1/##*)':
!&+,(+,!7=E>*($)#*-/#3*
('!!('%!-&(-%!-7$1#*(-*/1)#*(2)#1/#@'*)!*@8#)0/#*)12/FDDD;#0!(/*1!#*'0//01
201
#0;
A:('-,0(9%(,!2(
*-9(/+,($.(-$!&+%&'.(-7'#(-4-*)12'
-(-7!/$*';/!
-.(('-,0(9&-7'1()21)*8)*)*-/1#!/$*'
(--"0!- !'.,0'*- /./,- +,-,0(7 )0##'#4* *0 -/*-/#1/#*0 -/ 02 -/0/3* -/*(*3/ -/*!/(0 #)1/3)* -1/#(*)#'
.2*/(011#-*-1/#(+)#*1)#*)01/21#3:
0'./!-+,!,(-'-.(+,-,0(78<88)#3/0#**/1*800*#,0'*#0
B:(/&'.(,!!-/%
+-;'1,.(-,.(,!9(/(,.((.(&+<7
'#*2
(.(-7
/0!2)'#*2
*)1)'#*2
/0)0)&0
!*)0)&0
C:!%!(,!
/.208&*.2#(<'#*2<8ELLK=-*'#*-#*>
''08*)'*##/*<@*)01/2*)*(-*0#*-#0!(/2/'@8#)$'*!*0# #*8ELLK8--:EGJ<EGL
! ,.,!2(
!,(/,(-
>:
'.!!(
,;-<-./(720$),*$++*1203%+B$1")
! %(,+(,70$12$*30$00$*2,*$$(4
.;9&&9<7KMCLLCMKLP=+4?MKLP
?:%&'.(-(%!2(
)!(7?8?8B8
-!'((%(%70/31.(127312?$*+=$1<*2
0$12(+
('% (7(+*"+01
,/-!9'!(,/-!-7(+*"+<"3$0+31
/.,-,,'!-9(,,'!(7
2$23>OLILKGNR?QH=
+*"$23>QIMRGPK?RHE(4+NOK)21F
--!!%!-730*2+1
+30$0+E.0((+F+33?$*+E.0((+F=)$*#+1!(+012$12+2+.+11001+00+12(+"3$0
+31
@:-,!(
!+(%(!7$0+30+
,+,(1!&7
,0-,!(70/31.(1*2312?$*+.+113$3$401+1.+*2+1E)$0+30+1*230$1F<+)4$12.0$4$("$.0+200$2,0$+
*4+(4*21)1)1.+*+4$120C1($*#+12.0+$*2*.+1$+$*4010+0+3+4(B$(+*"+?
30100$1+)+*20$<2 ))0+1"+1$+1<.02$01/3$1+2)C13)(*4$13((+*"$12*$<3)+)%*$+
.$1"%12$+.+05( *$<1*+/3100*20$*'1+104C1+$).+**2$++30+?+00+12(+"3$0+31<3'
1203230!+$.2.0@)$0*2A<.+C1+*2).(0+301++$++31.$1")*4+(4*2<1$"*)*2110.10+#+11+*1
+104++00 *$+01?
&+(,.'!+!-"-.!9(%)!9/%./,%9-+(,.!071.$(0(4*$.$1"%12$
%0'!-(!%9(/(')&!74(+0$6+*/3*2+$*2011230%12$+(60?
!&+,(+,!7.0$4+3*$$.$+01E+00+12(+F
('!!('%!-&(-%!-7
%&'.(-+,(+,!.,!(7+1+*12*21*+1120+1+101.2$4+1
)3*$%.$+1E*+$1.+*%4(.02+2($0F
A:('-,0(9%(,!2(
*-9(/+,($.(-$!&+%&'.(-70/3($!$++0/31.(1?+*104+4(+0$6++00+12(+"3$0+31
-(-73(230(<0($"$+1+<230%12$+<(60<1.+02$4+
-.(('-,0(9&-75.*1+11.$15,2$1$*41+01</3($)$2)4$1$$($)0211$23-1
(--"0!- !'.,0'*- /./,- +,-,0(7 +*20+(+ 1.$1 5,2$1 $*41+01= +(++ )11 ($230 .$1")= +(++ $*,3(+1!$5+1
0'./!-+,!,(-'-.(+,-,0(7<C<<?+02+<D+02+<11+$-1(+$1
B:(/&'.(,!!-/%
+-;1,.(-,.(,!9(/(,.((.(&+<7
(.(-7
$12*20$
$12*20$
$12100$1
$1200$1
$12+00+12(+"3$0+31
$12+00+12(+"3$0+31
C:!%!(,!
! ,.,!2(
(&+%1(&!'!,(-'$-
>:
'.!!(
,;-<-./(71/#(+)#*#)201/#'
! %(,+(,71'#'#5
.;9&&9<74/#/*IGHL
?:%&'.(-(%!2(
)!(7?8@8>
-!'((%(%7)&0
('% (7/0
,/-!9'!(,/-!-7*/#/
/.,-,,'!-9(,,'!(75QBIHHOG6QHLOOJO
--!!%!-7@
@:-,!(
!+(%(!7#)#/*
,+,(1!&7@
,0-,!(7(/!(#/#1/##/)1*(5#012(*)&2)1*01/212/0(/2$)0/'#*)0*(!01*1/1()1**
(#)/#*>0#!)()1>#)01',0*00/#1+/#*0>/0#)#0> */)*01).20'4!(2&*2!'*/*1/0#*)0-/#(#/00*
02'*?
&+(,.'!+!-"-.!9(%)!9/%./,%9-+(,.!07
%0'!-(!%9(/(')&!7*'#(-*/1)1)*(#1*/.2*'*!#
)201/#'.24/#0/4'*/#7*
!&+,(+,!7)!)/'#-/#4*
('!!('%!-&(-%!-7/19KH*?4#0*)9MJIN>>I80/#>)9PO
II(#*IGHK
%&'.(-+,(+,!.,!(7*0*)01)10)*001/*0*0/0-1#4*0
(2)#$-#*0C)*#0-*)$4'-/1*1'#/D
A:('-,0(9%(,!2(
*-9(/+,($.(-$!&+%&'.(-7
-(-7
-.(('-,0(9&-72'4*4)'#0(*-/())1
(--"0!-!'.,0'*-/./,-+,-,0(7'#7*1/'"*0/.2*'+!#*0012*-//2-/**( #)012/$01#*0
0'./!-+,!,(-'-.(+,-,0(7
>>>*(2)#'*'
B:(/&'.(,!!-/%
+-;'1,.(-,.(,!9(/(,.((.(&+<7
(.(-7
C:!%!(,!
C0ADB#)0*)#0)**)1#))10!*01*HOJM7(/*HPMI?I8?#0*?/1/#01*
)301/#>#/*/'#)0/4#*0*'+!#*0
! ,.,!2(
(/.(&!'!,(-'$-
>:
'.!!(
,;-<-./(7<:-364-5-4&=;<:-2
! %(,+(,7< 2-
(2-@
.;9&&9<7[cR[ZR\Z[_
?:%&'.(-(%!2(
)!(7?8@8?
-!'((%(%7O
('% (754&53:':'&';
,/-!9'!(,/-!-7'2:';S5#:'-:
/.,-,,'!-9(,,'!(7O
--!!%!-78:<-:&'4<53#;'+='T;'85:$3-4,5;*25:';<-;
@:-,!(
!+(%(!7-4'-:5
,+,(1!&7O
,0-,!(75=<5-4'-:5&;40;25$2-BT;'$':$&'\Z13&55:<5K45*24$52';<'&54<-$2-42&'254+5N&<&8=#2-$%"5&;
85:<:-;&'&'3:$%"5&';<'$5=<5([\TZaT[c_ZK45'4<4<55$540=4<5&'$54$';;7';9='5$5387'3<-?':3'@825:%"5&';&'5;*-4-;&5;($=25N
;3'<-;'@825:&5;*5:3';;'4$-23'4<'54<-364-5K5$,=3#5K55=:5K8:<
;<'$5=<53-4'-:5($54;<-<=.&585:;'-;$54$';;7';M5%55345V\Zc^WK2':%2V[baWK2'
=4&5V\[\WL'::&'54<'B'25V\]]WK:+'3&
85;V\^bWK'::&5
$,5V\^^W'-#'-:&;<4,'-:V[c`WN
3-4':2-B%"5(&5<-85*-254-45$53+4+9=:<B5;K;'4&59='5;*-27';85;;='3'@<'4;"53(&-&5:&'3&5;\ZZ3'<:5;K$5385;;4%K'3+':2K
-4*':-5:=33'<:5N<3#(3-385:<4<':'*':-:5;$,3&5;P4.?'-;4'+:5;QN9='4"5;'4&53=-<5';8';;5;K5$5::'3-4<':';<:<-*-$&5;$53:+-2-<5;K
;-2<-<5;K?9=';':'4-<5;9= :<B-$5;V9=:<B-<5;WK54&';'5#;':?3-5:9=4<-&&'&'5=:5?-;.?'2?-;<&';:3&K=3?'B9=';''4$54<:45';<&5
2-?:'K'3$?-&&';&59=:<B5N
&+(,.'!+!-"-.!9(%)!9/%./,%9-+(,.!07O
%0'!-(!%9(/(')&!7O
!&+,(+,!7:-?&5
('!!('%!-&(-%!-7:<D^[&5N?-;54D`]\aKK\C;(:-'K4Dcb
&'\\&'3-5&'\Z[^
%&'.(-+,(+,!.,!(7&&5;$54;<4<';45;$&;<:5;&5;:';8'<-?5;
3=4-$.8-5;V4"5&-;854.?'28:<5<2-&&'& :'W
A:('-,0(9%(,!2(
*-9(/+,($.(-$!&+%&'.(-7NNN
-(-7
25:';<2
-.(('-,0(9&-7O
(--"0!-!'.,0'*-/./,-+,-,0(7O
0'./!-+,!,(-'-.(+,-,0(7KKK
K8:58:-'< :-5;'5:<=$'2
B:(/&'.(,!!-/%
+-;'1,.(-,.(,!9(/(,.((.(&+<7
C:!%!(,!
KNV[cc]WU;3-4':2-B%7';&'#T=&:'+-"5=:-$5T'-:"N5:<5M
$=2&&'-)4$-;&4-?':;-&&'5:<5N\?52;K8N`ZaN';'&'
5=<5:3'4<5
-:'%"5':2&''525+-'-4;T:5$';;54ND^bT5=<5-4'-:5&;40;
-:'%"5':2&''525+-'-4;T:5$';;54ND[baT2'&5:%2
-:'%"5':2&''525+-'-4;T:5$';;54ND[c`T-#'-:5&;<4,'-:
-:'%"5':2&''525+-'-4;T:5$';;54ND\[\T2'
=4&5
-:'%"5':2&''525+-'-4;T:5$';;54ND\Zc^T5%55345
KNNNK[c]bU'2<6:-5&'[Z&'
'?':'-:5&'[c]bN:5$';;5\Zc^V5%55345W&5:9=-?5&'8:<-%"5&'-4;N
KL
KNLKNLKNNV\Z[[WT-4':%"55344554$'2,5&':'&';V5:<=+2WN4N$<;&'29=-4<554+:';54<':4$-542;5#:'
-4':.A<2=:+--;<6:-$;'4'2=:5;<'=:58'5V'64T\ZZbWN'64MK8N^`]T^aZ
KNLKN
KLKNNV\Z[[#WT-4':%"5534&'5=:545=4-$-8-5&':'&';M5'@'3825&'::&'4<:-'
'::&;40;N4N$<;&5-386;-5;5#:'-4':%"5''<2=:+--;<6:-$;45=&5';<'=:58'=V-2'2,&56&"5T\Z[ZWN#:4<';K8N[\_T[^\
KMLKNL
KNLKNNV\Z[[$WT54<:-#=-%"58:5';<=&5&3-4':%"5:534&'5=:54'::&;40;N4M
KNNNLKNNNLKNN
NNLK0NV55:&WT5?53'4<5''@825:%"5&5;:'$=:;5;3-4'-:5;4=:58<2!4<-$
$-&'4<2N:+MRN
V;R&WT-4;$54$'&-&;45$54<-4'4<'&';&'+5;<5&'[b]`'B'3#:5&'[c`\N\C'&N-;#5N'$:'<:-&';<&5&
4&>;<:-K-:'$%"5':2&'-4;'':?-%5;'526+-$5;
KNNL
KNLKNLKNLKNV\Z[[WT8'2&5=4-$-8-5&':'&';425:-B%"5&5<:-364-5+'53-4'-:5N
54<:-#=<5&5;-;<'3;&'4*5:3%"5'5+: *-$N4M$<;&54$54<:5&':9='525+-'=<:9=-;N;$-;M!3:=4-$-82K8N[b]T[cb
KNV[cb^WU54<'6B-4,5T854<3'4<5;5#:'$=8%"5'4<:'5=;'!3'+'385$534N'4*-'2T52'<-3=4-$-82&'=2<=:N
'4*-'2N]C':NK[K8N[ZbT[\[N
KNV[cb_T[cb`WU54<:-#=-%"58:54?'4< :-5:9='526+-$5&554$'2,5&':'&';V5:<5WN5:<=+ 2-N5:<5M4;<-<=<5&':9='525+-&
$=2&&'&''<:;&4-?':;-&&'&55:<5N5?(:-'U52NTK8N[ZaT[[_N
,<<8MRR+'585:<2N24'+N8<R+'585:<2R'+'5R#&;R;-5:3-48R&'*=2<N;8@
! ,.,!2(
(&+%1(&!'!,(0%.8
!'.:8,((0
?:
'.!!(
,;-<-./(764(-0.(/
.!7564(,
! %(,+(,7(.("(4/"6"75
.7@E9?>9@>?C
@:%&'.(-(%!2(
)!(7@8A8A
-!'((%(%7/.+7.6/!"";2,/4 /(."(4"9,"6"!"/
(".6"
('% (7/.!/-4
,/-!9'!(,/-!-7.="4"5"/"!4/!/9
/.,-,,'!-9(,,'!(7ZWSV_QXVHVR^SYVQWZHXR
--!!%!-74(9",
A:-,!(
!+(%(!7(."(4/
,+,(1!&7I
,0-,!(7,55(%(!//-/
L/.7-".6/!"
.6"4"55"8,(/KE/464(.?XXWKXVWVEEX>5#4("E.H?[[E!"W_-4 /XVWVH
-09","
/.+7.6//-9,/4'(5604(/"!-"-04(/,"6(9!"/"!4/!/9".(/.,E9,/46(2/,0&(/""56(,)56(/37"5(.&7,4(=2",57!(-".5/"
(-2,"-".6 /".9/,9$.("!(%(!!//.+7.6/-(."(4/H
";2,/4 /!5-(.5!"49/!"H"!4/!/9E37""-%(.(5!/5#7,/
/.56(67(7E6#W_]VJ5E7-/-2,";/(.!7564(,!"";64 /E-4/7
9(9$.(!/-7.(!!"H
/76/-(."(4/6"9"7-4"24/;(-!!"WYXZ'E!74.6"/5!7=".6/5"./9"./537",/4/7/.37(56/7-"64/5!"24/%7.!(!!"6"44/-/
24/9-/5(.8-"4/52/ /5"46/5H
64.52/46"!/-(.#4(/246(4!/2/ /!"";64 /"45,9&74!!/2/47-2,6%/4-!""6/4-!/E2/4/.!"(47,9-"-44(559&/."65E
37"/,"99-6#%5"!24"24 /M4(9&"-E"5/,'"4(6&"-H
67,(!!"//-2,";/-(."(4/E/.!"24"!/-(.437(6"674(.!7564(,-/!"4.(56E-.6#-/9,"6""-"6/4-!/E2,6%/4-!""6/
4-!/E5!-37(.E/5"54(604(/5!-(.E/,."4(/"2","-47(.5H2,6%/4-37"7;(,(/7/64.52/46"!"5!"/2/ /6#/594(/5
-"(/5!"!(564(7( /(.!5"9""--45!/564(,'/5!59&/."65H
&+(,.'!+!-"-.!9(%)!9/%./,%9-+(,.!07/,!"(.6"4"55"24/-24"".5/!//-2,";/-(."(4/"!5";2,/4 1"5-(."(45
".9/,9".6"5H
%0'!-(!%9(/(')&!7I
!&+,(+,!74(9!/
('!!('%!-&(-%!-7,55(%(!//-/
L/.7-".6/!"
.6"4"55"8,(/KE/464(.?XXWKXVWVEEX>5#4("E.H?[[E!"W_-4 /XVWVH
B:('-,0(9%(,!2(
*-9(/+,($.(-$!&+%&'.(-7O4"!/9,"6"!37(4(!"-XVW\2",P
-(-7I
-.(('-,0(9&-7&-79.!,(5-/
(--"0!- !'.,0'*- /./,- +,-,0(7 "9.6-".6/ 437"/,0&(/E "52","/,0&(/ " '(5604(/L7,674, !/5 %/+/5E !5 -(.5E !5 ";2,/4 1"5E !5
"56476745!"2/(/-(."4 /"!9(9$.(!/5-(.("4/5"!52/27, 1"5F
-2,"-".6 /!"-"!(!5!"5,9&74!E/.5"49 /"4"76(,(= /!"565"56476745F
-2,"-".6 /!""56476745!"2/(/9(5(6 /!"56"5"52 /5F
-2,"-".6 /!"".64/(.6"424"66(9/!/264(-0.(/-(."(4/F
/,/45(.,(= /'(5604(L46)56("674)56(F
(52/.((,(=4(.%/4- /"-572/46"22",E!(&(6,"4/6"(4/5674)56(/5
0'./!-+,!,(-'-.(+,-,0(7I
C:(/&'.(,!!-/%
+-;'1,.(-,.(,!9(/(,.((.(&+<7
(.(-7
D:!%!(,!
'662GKK:::H-/.7-".6/5H26K(6"KN&"55"4K
H52;D(!`Z^]W
E7./(&7",M".4<74.<.//.6";6/!5%/467.5!(5//(6/".6(56H
.E.,(5"5/(,H/,H
OW_XPH"9(56!/
.56(676/!"($.(5/((5
!.(9"45(!!"!"(5/EXVV_H
E4,/5M"44"./5.64)%"4/5"4/.)%"4/5G(.!"49/!"2"!4!"H"!4/!/9E.//.",'/!"/.!/-4E!(564(6/!//46/H(5/E
W^[YH
E".4(37"#4&(//6",'/!"F
E,";.!4"8,(/'!/F
E/37(-/."( /F
E.60.(/7)5/9(5L4""424
"9".67,,55(%( /!/9,"6"!"H(".6"!5-(.5!"H2"!4/!/9E/.",'/!"/.!/-4E(564(6/!//46/HO7,!!"!".&".'4(!
.(9"45(!!"!//46/PF"246-".6/!"(.5GW__\H
"28,(/467&7$5H(.(56#4(/!//-#4(/"(.!8564(H(4" /"4,!5(.5""49( /5"/,0&(/5M5./95(.56, 1"5!// /!"H(".6"G!
-(.'!"49/!"H2"!4/!/9H(5/G/("!!"5604(EW_ZVH
! ,.,!2(
(/.(&!'!,(9,((0;
9,((07(0%(%,-
?;
'.!!(
,<-=-./(81/#(+)#*#)201/#'
! %(,+(,81/#/)#)##/*
.<:&&:=8GH?GG?HFGK
@;%&'.(-(%!2(
)!(8@9A9B
-!'((%(%8>
('% (8('(&,
,/-!:'!(,/-!-8=/**4;*4'*'/0
/.,-,,'!-:(,,'!(8@HNNFFGLGHFF
--!!%!-8>
A;-,!(
!+(%(!8*//)#(#)/'
,+,(1!&8GIHJ"1/0
,0-,!(8#)*/**4;#)1!/)#/*)$ /**2/*; *#0*/1)* #)'*02'**02/4* *#5-'*/*
1GOMF=#)301/#(#)#/(*/**4(/*2-/* 2)()1-#0!(1/*2*/2(**0)4*'4#()1**)+(#*;0*#'2'12/'
016*)=
/*26#)*)1/#1.2'#;0*)00,002/(@0(/4*0;*)1'1*;*/**400'#5*;)*)1)1*1GNFJ;
51/*/ #1 */(#//!2'/=(GOFF;-/*2*)2'/'2'(LFFF1*)'0<(GOGJ1#)!#20HK(#'1*)'0<(GOIH */(
51/$0GNIHNO1*)'0)1/#1(/21*(GOJG;(-')!2//;"!/(-/*26#/ILF(#'1*)'0/4*=00200#4*02()1*0
-/*2**//0-*)/#(2(4*'2*-/*2/;-*/-/1#)301/#*01/)0-*/10=
(GOHG/(51/$0KFF1*)'0#/#0/4*;0-/[email protected]+0*#)$#** 2)#*)()1**4'1((#/***=#)1;
51/*2()100-/NFF1*)'0#/#0<5#01#(#)*21/*0-**0*(4'10((#/;)*(()1****/****
(#/=
(GOHG#)&-*002$**/*.21/(#)4)**)14)1#)*///#0-/1/)0-*/1*/4*100/'*0=
0(#)0/4*#'=/**4 */(2(-*'*0)4*'4#()1**)+(#*'*'.21/#(4/#0-00*0*21/0/!#,0;.2-/#
00'*4((201/'"*=/4*'2*)/!1#1/6#-''1/##;-/*26#-/1#/*0/2/0*0"$/#*0;-*01/#*/()1;-'
21#'#6** 2'+'*;'1//(-*/*(-'1*0*)#,05-'*/*/4*;/26#)*/01#()1*0020*)02(*0*(01#*0;0*/12*;
#)201/#'=0(#)0*/**4*)0!2#/(/0#01#/01/4*'2*).2)1*)1/'/(*@'1/#-*21#/*0*/42NKRBOF
1*)'00GHF(#'1*)'0)2#0C*/4*51/$*=*)1)1*.2)*;(GOLO;.2')1/'/*)4/1#-0021#'#6/2'+'**(*
*(201$4';#5)*.2#(/*0/4,0#**2/*A 2)*-/.2';'#0;1/#0#**)01/2$;* 212/*0(#)0 #*2 #)#1#4()1
*(-/*(1#*;(*(**1*2(*(2)#.2'0-)#=
*023'1#(*)*'*/*0#)0/4**/**4-/*26#/(GFGFFF1*)'0=
*21*#)#/*=/**4*(*)7==JG;/GIHJ"1/0;*(0(GL*)00,0.200-'"(-'0 /!20#0*4'*;
)6/0*/**4=
&+(,.'!+!-"-.!:(%)!:/%./,%:-+(,.!08!*'+!#
%0'!-(!%:(/(')&!8>
!&+,(+,!8*)00,0#)#/01/#2$0-/5-'*/*
('!!('%!-&(-%!-8>
B;('-,0(:%(,!2(
*-:(/+,($.(-$!&+%&'.(-8>
-(-8>
-.(('-,0(:&-8>
(--"0!-!'.,0'*-/./,-+,-,0(8===
0'./!-+,!,(-'-.(+,-,0(8>
%&'.(-+,(+,!.,!(8*0*)01)10)*001/*0*0/0-1#4*0
(2)#$-#*0B)*#0-*)$4'-/1*1'#/C
C;(/&'.(,!!-/%
+-<'1,.(-,.(,!:(/(,.((.(&+=8
(.(-8
D;!%!(,!
*2()1*#4/0
! ,.,!2(
(/.(&!'!,(,'!,
>:
'.!!(
,;-<-./(7/-"'*(")"(0./-"&
! %(,+(,7/&"&"3
.;9&&9<72-"-)JHIM
?:%&'.(-(%!2(
)!(7?8@8B
-!'((%(%7=
('% (7)()'--.
,/-!9'!(,/-!-7)2&)A 0"-)0.
/.,-,,'!-9(,,'!(7=
--!!%!-7=
@:-,!(
!+(%(!7"("-)
,+,(1!&7=
,0-,!(7)0/)"("-))(./"/0#),&.)(..+.""-'"--("-DLJLE)-")DLJME:0%)./-&!).'"("-).)-'
.(2)&2").,-3,&)-)-2):)'/"2",-/"-IQHO<
&+(,.'!+!-"-.!9(%)!9/%./,%9-+(,.!07=
%0'!-(!%9(/(')&!7=
!&+,(+,!7=
('!!('%!-&(-%!-7-/6LI)<2".)(6NKJO::J5.-":(6QP
JJ'")JHIL
A:('-,0(9%(,!2(
*-9(/+,($.(-$!&+%&'.(-7<<<
-(-7&)-./&
-.(('-,0(9&-7=
(--"0!-!'.,0'*-/./,-+,-,0(7=
0'./!-+,!,(-'-.(+,-,0(7=
%&'.(-+,(+,!.,!(7).)(./(/.()../-).).-.,/"2).
'0("#,").D()".,)(#2&,-/)/&"-E
B:(/&'.(,!!-/%
+-;'1,.(-,.(,!9(/(,.((.(&+<7
(.(-7
C:!%!(,!
:).),."&2DIQPIEC>"-)(#-))-/)-/0 &<.%4" ).<-))2)%)?<./0).:)/.-&!).)
-2"))'(/)"("-):)-/):,-/))&<
:..<IBL<
D.@EB"(.)(".())(/"((/. )./)IPKN4'-)IQNJ<J5<".)<-/-"./)
(1./-":"-)-&"(.-2").)&* ").
!//,;@@ ),)-/&<&( <,/@ ),)-/&@ )@.@.")-'"(,@0&/<.,3
! ,.,!2(
(/.(&!'!,(%('(
>:
'.!!(
,;-<-./(720$),*$+$*3120$(
! %(,+(,72($ ($6
.;9&&9<7JIBIHBJHIM
?:%&'.(-(%!2(
)!(7?8@8C
-!'((%(%7
('% (7(+*"+
,/-!9'!(,/-!-7(+*"+@@).++0+
/.,-,,'!-9(,,'!(7A
--!!%!-7A
@:-,!(
!+(%(!7$*$0+
,+,(1!&7A
0510$+?+32+$*$0++*12$23%+.(1+*11-110DIPQKE>(2+$1*@9IDIPQLE>(2++00$0*@9JDIPQME>(2+$1
*@9JDIPQNE>$1*@9NDIPQOE>(2++00$0*@9IDIPQPE>*2312DIPQQE>3"0105+$01DIQHPE>$0)$*2312DIPPE>+'+1+)1
DIPQE>(+
*!0*+DIQHE3'+120(#+1)$*$0+1!+0)1*5+(5$+1.06.(+0+*2$),*$+>+30+5+(!0)$+@("3*112120(#+1
)$*$0+1+)2$5$1+1!$*$1+13(+
!+0)$*2"0+1*++32+)$*$0+/32)+)+*+)0+IQKN@
&+(,.'!+!-"-.!9(%)!9/%./,%9-+(,.!07.$1"%12$>+(,"$>3(230(>1.+02$5
%0'!-(!%9(/(')&!7$).+02*$*/3*2+()*2+$*2$(+($*2011230%12$+
!&+,(+,!7*"*0($.0$5+
('!!('%!-&(-%!-71001+)1(5"30230
%&'.(-+,(+,!.,!(7+1+*12*21*+1120+1+101.2$5+1
)3*$%.$+1D*+$1.+*%5(.02+2($0E
A:('-,0(9%(,!2(
*-9(/+,($.(-$!&+%&'.(-7@@@
-(-7A
-.(('-,0(9&-7)+*+3(2303($.2+>5*($1)+
(--"0!-!'.,0'*-/./,-+,-,0(7123++*105+112032301>1*1$$($7+
0'./!- +,!,(- ' -.( +,-,0(7 .0+.0$20$+1> > C> > > @ +02+ +3201 $*12$23$-1 $*2%!$1> 11+$-1 (+$1>
).011!$($0!(+012(
B:(/&'.(,!!-/%
+-;'1,.(-,.(,!9(/(,.((.(&+<7
(.(-7
C:!%!(,!
D1BEC$*1+*$1*++*2$**21"+12+IPKN7)0+IQNJ@J8@$1+@020$12+
*4120$>$0+0($*105$+1+(,"$+1
! ,.,!2(
1+%(,*-'.!&)'!(9
'.!&)'!(:(/,(
>:
'.!!(
,;-<-./(742&+.,&-&,5342&*
! %(,+(,74*&!*&8
.;9&&9<7 7 2 &2- PNOS
?:%&'.(-(%!2(
)!(7?8@8D
-!'((%(%7
('% (7-,-+2@2 3 *-,$-
,/-!9'!(,/-!-7 3 -7 *-F 2 & $5&2 -53F
+0-
/.,-,,'!-9(,,'!(7D
--!!%!-70-2+&,%-3#*-2 34&3024&2 $5&2
@:-,!(
!+(%(!7&, &2-
,+,(1!&7D
,0-,!(73 80*-2/ 3 ,4&+.,&- ,4&+.,&-G-52- 342 $&- 34-&,3 2&3,-&342&4-&, &2-52&G,4&+-,'# 2-62&-G &2-@
-,3& 2--3 $5,-+&-202-54-2 -52- -245$*@4 ,-02-59&- 2 SCT4 -52- 2 OPNNN4 ,4&+.,&-C*$5,3-3)9&$-3
8&34 ,4 3 34&7 2+ +*724&70 *-+ ,-3 3 -4 +0--32-+,-3@02&,&0*+ ,4 02 80*-2---52-C
80*-2--,4&+.,&-15 0-27 9 3--22 33-&---52-@352$ ++ -3-3!5*-@4&,$&,--3 55$ ,42 OVUNGOVWN@ ,42,- +
*',&-024&2-&,&&--3!5*-C-+5 225,&*IOWRWGRRJ@%5+5+ ,4-4&7& +&, &215 33 +4 2+-3 4&7& 02-5-,-&,'&--3,-3UNC
45*+ ,4 @3+&, 2*&9/ 3 -52--,4&,5+ 30 242&,4 2 33 @0 *-15 72&-342*%-3 02-30 -4"+7&,- -22 2,-36*4&+-3,-3C
&+(,.'!+!-"-.!9(%)!9/%./,%9-+(,.!07-*-+ 8 * ,4 -+&,&-7&35* -+42&/ 315 3 ,152+,5*452&+4 2&*
%0'!-(!%9(/(')&!72 * 7,&02& ,4& *-*@ 7 ,45*2 7 *,& -,.+&
!&+,(+,!7,$ , 2*& 02&7('!!('%!-&(-%!-724;RO-C7&3-,;TQPU@@P:3!2& @,;WV
PP +&- PNOR
%&'.(-+,(+,!.,!(7-3-,34,4 3,-3342-3-32 30 4&7-3
+5,&'0&-3I,-&30-,'7 *024-4*& 2 J
A:('-,0(9%(,!2(
*-9(/+,($.(-$!&+%&'.(-7CCC
-(-7*-2 34*
-.(('-,0(9&-7 7-*7&+ ,4- 4 22352,4 #*-2 34- 5*&04-3 0.3&4- *&8-,-&,4 2&-23-243
(--"0!-!'.,0'*-/./,-+,-,0(7 345-@-,3 27- 34254523@3 ,3&&*&90'./!-+,!,(-'-.(+,-,0(702-02& 42&-3@@@@@02-02& 42&-3@ +02 33#&* &2#*-2 34*
B:(/&'.(,!!-/%
+-;'1,.(-,.(,!9(/(,.((.(&+<7
(.(-7
C:!%!(,!
@
CIOWWQJH3+&, 2*&9/ 3 G52 $&-52&-G &2C-24-B5* &",&3,&7 23& -24-CP7-*3@0CTNUC 3 -54-2+ ,4@
CIPNORJG52- 80*-2-0 *-3-+,-3 +*-,$-B-,42-*-3+&, 2*&9/ 3C43-O;-,$2 33- &, 2--+, +*-,$-C
*-,$-B*4- * 7-G*5 -,4,%&3+-K+25,&&0* *-,$-C
&2 - 2* -*-$& &,3G2- 33-,C;PQSG7 33
&2 - 2* -*-$& &,3G2- 33-,C;PQWG-34-* --54&2 - 2* -*-$& &,3G2- 33-,C;PROG&3&2 - 2* -*-$& &,3G2- 33-,C;PSTG,)
&2 - 2* -*-$& &,3G2- 33-,C;OPQG *% &2
&2 - 2* -*-$& &,3G2- 33-,C;OPRG 3
I3EJG&,3-, &3,--,4&, ,4 3 $-34- OVQT 9 +2- OWTPCP: C&3-C 2 42& 34-
,6342&@&2 - 2* &,3 27&-3 -*.$&-3
@CCA@CA
@CA@CA@CIPNOOJG0 *-5,&&0&- 2 3,*-2&9--42&+.,&-$ -+&, &2-C
-,42&54--3&34 +3 ,#-2+- -$2#&C,B43-,-,42- 215 -*-$& 54215&3C3&3B+25,&&0*@0COVQGOWV
%440BEE$ -0-24*C*, $C04E$ -0-24*E $ -E3E3&-2+&,0E #5*4C308
! ,.,!2(
1+%(,(%(/-",
?:
'.!!(
,;-<-./(764(-0.(/(.!7564(,
! %(,+(,7(5",46(.5
.;9&&9<7QWEPOEQOPT
@:%&'.(-(%!2(
)!(7@8A8E
-!'((%(%77".64,!5(.'5"7".64,!"49". A
-2/A,/.&/
('% (7,/.&/
,/-!9'!(,/-!-7-2/"/4!/
/.,-,,'!-9(,,'!(7-24"55/755!",/.&/F
6(67!"CSPLPOIPODVJB/.&(67!"WLQWIOUDVJD-24"5"4"(4/-"5K49,'/F6(67!"CSPLXIRWDPUIIB
/.&(67!"CWLQVISXDRSII
--!!%!-7(4(A"44/9(4(A7".64,!5(.'5A7".64,!"49". A:-,!(
!+(%(!7(.5
,+,(1!&7
,0-,!(72"54!"5"4"-7.!.6"5/5%,/4-".6/5!":(56/54!/5)%"4/5"-/467&,A%/(.4"&(/!",/.&/37"57":2,/4 /6(.&(7
5(&.(%(!/(.!7564(,D524(-"(4/54"&(56/5!"./65!!"5/"46!"-(.5!"4!05(.//.",'/!",/.&/!6-!""6"-4/!"PWRSD/".6.6/A
":2,/4 /(.!7564(,!4!05("-,/.&/6"4"%"6(9-".6"/-" !/"-PWUT/-/-2.'(
.&,"5J'",,/.&/,6".!4,"744("5A
"-/45"6".'/.'"(-".6/!"":2,/4 1"5.6"4(/4"5!/6(2/47!(-".64D/255!/A":64 /!4!05("4%"(6"-2/ /A/.!"94(/5-(."(4/5
4(-/-/2(//46"5'/4(;/.6(5"2/56"4(/4-".6"/46"59"46((5A!"56.!//5,//5649"5!"7-2.!/-7.'A"4'.!/F/5/-
2,-"6D/!/5"56"564,'/5"4-4",(;!/5/--7(6/"5%/4 /'7-./"4"/44".!/46"%6/5!"64,'/5-.7(5/-/7.'A/2(/"
2,-"6D67,-".6"A":64 /!4!05(!2"!4"(4"566/6,-".6"-".(;!D/24(.)2(/!/5#DA"2",24/:(-(!!"!/52/46/5!//74/"
!""(:1"5A"564"&(/%/(57+"(67-".67!24/74!"4!05(D"5!")"!!37,(!!"!2"!4":64)!A":2,/4 /7-".6/7
/.5(!"49",-".6"A5".!/!(9"4555,/75"(45(.56,!5"(.!'/+""-":2,/4 /D
"4"%"4(4-24"5!5/755!",/.&/AAG.6"4(/4-".6"!"5(&.!/-/'",,/.&/,6".!4,"744("5H%7.!!"-PWUT2456""4
.&,6"44"/556!/5.(!/5!"4!05(246",'!/5A29(-".6/5"4"9"56(-".6/5A-6"4(,(5/,.6""2"!4524(,'4"5D/+""-!(A24/!7 /
(.(!"./%4(/!"'25",!4(,'/5,(9!/5A5"44!/5"2/,(!/5A"-/4/.6(.7""52"(,(;4F5"./524/!76/5!/5A6454"%"4(!/5DJ"!4"(4!
(,'4(J#2"!4"(4-(5.6(&"-6(9(!!"!"37"'4"&(56/"-/467&,A2/557(.!/PT'!"4"":646(9"4"5"4952494(/5./5D-(.!/
,(.'"(4/A-(.!/54!/5/5A-(.!/9,"!"-/4"5A-(.!/75/A-(.!/,6/"4..!"5A-(.!"-/5A-(.!/52.'/,A-(.!/"55(.6/A
-(.!//4&""-(.!/.(,'5/,&7-5!5-(.54"%"4(!5/-/":(56".6"5./5#7,/255!/D
"%(4F5"6-#-"-24"5"4"(4/-"5K49,'/A!DA%7.!!"-PXUTA6".!//-" !/":2,/444!05(./7&4!/8-7,/A./75/A"5(!/
/4(&!"."444!"9(!/%437,(!!"!4!05(,(":(56".6"D"5!"PXVO"-24"5"./.64F5"(-2,.6!"-D46(.'/!/-2/A.
24/:(-(!!"!-24"5/755!",/.&/ADA/.6.!/+/-94(5!#!5!"64!( /.":64 /"64.5%/4- /!"4!05("&4D24/!7 /
(.(!"/%4(/!"2,5/-!(9"45/5-".6/52476(,(; //-!(9"45/5%(.5D"4!"WO[!5724/!7 /#":2/46!24/5-"4!/5
(.6"4.(/.(5D
&+(,.'!+!-"-.!9(%)!9/%./,%9-+(,.!07,"9!(-2/46.("/.0-("7,674,A/.56(67(.!/7-!/52/.6/5!"(.6"4"55"674)56(/!
4"&(/D
%0'!-(!%9(/(')&!7/.6"!""-24"&/.4"&(/D,&7.5!/5-"4!/524(.(2(55/,"-.'A(.-4A52.'A56!/5.(!/5A2/
"
.&,6"44A".64"/764/5D
!&+,(+,!7/."55/G.D<5
PWAQROAQSSATWRAPPXXAPSSSAPSTTAPSVWAPVOOAPVOPAPXWRARWWRARXRSD
%&'.(-+,(+,!.,!(7!!/5/.56.6"5./5!564/5!/54"52"6(9/5
-7.()2(/5G./!(52/.)9",246/6,(!!"!4"H
('!!('%!-&(-%!-7,"&(5, /"52")%(
B:('-,0(9%(,!2(
*- 9(/ +,($.(- $ !&+%&'.(-7 5 4"5 /."55(/.!5 " 6(95 "56/ !(4"(/.!5 24 / 24/9"(6-".6/ "/.0-(/ ! -6#4( 24(-A "A 2/4 5(
50"2",57.674";A"56/-(524/6"&(!5D(-(6!554"5!"/."55/"!"":2,/4 /A2/4,"(D
-(-72,( 1"5!"5!"/.5647( /(9(,!"/4 /D5":2,/4 1"5#7"46/5/7-646(9/674)56(/"(".6)%(/D
-.( ('-,0( 9 &-7 - ":2.5/A /5 (.6"4"55"5 "/.0-(/5 5/4"21"-F5" 24"5"49 / !" 264(-0.(/ .674, " /5 (-26"5 ."&6(9/5
4"57,6.6"5A2/!".!/,"94!",2(! /!/54"745/5D
(--"0!- !'.,0'*- /./,- +,-,0(7 1"5 !" !(97,& / " 5".5((,(; / 5/4" / 264(-0.(/ &"/,0&(/ ! 4"&(/A %/!/ . 76(,(; / -(5
./4" !/5 4"745/5 24 "9(64 57 !",2(! /B 567!/5 !" 4"/,'"(-".6/ &"/,0&(/A 24/52" / " -",'/4 9,( / !/ 4"745/A 24 -",'/4 24/6"&"4 "
-(6(&4/5(-26"5."&6(9/5&"4,-".6"55/(!/5"56"6(2/!"":2,/4 /D
0'./!-+,!,(-'-.(+,-,0(7/."55(/.4(/A74(5-/!"/467&,AADDD
C:(/&'.(,!!-/%
+-;'1,.(-,.(,!9(/(,.((.(&+<7
(.(-7:2,/4 /"%"67!67,-".6"#7"46/G!74"(4ADAQOPQH
D:!%!(,!
B-/5ADDBJ"745/5(."4(5!//46"!"/467&,J
-47.((2,!",/.&/BPXXVBJ-(."4 /.//.",'/!",/.&/C74/"/75J
/2"5AD7&#.(B
.56(676/72"4(/4!".&".'4(!//46/BQOOOBJ
.%,7$.(!:(56/5(!!"!4!05(./4(".6 /!/52,./5!"/46".2"!4"(4J
! ,.,!2(
'-7,'-.,!*-
?;
'.!!(
,<-=-./(875(-0.(/(-7"5(,
! %(,+(,8
(6",57(.6L5"9(673/55(67(.!85"(5MD5(
.70.((,9D7#5(5. "(.("(5/
.<:&&:=8RSJPQJRPQUL5"9(67"-QRIQPIRPQUMD/9FRPQU
@;%&'.(-(%!2(
)!(8@9B9?
-!'((%(%8"556!"7867"(6D".'/5!/,7/
('% (8,/.&/C5"!"6
,/-!:'!(,/-!-8,/.&/I-3/"/5!/
/.,-,,'!-:(,,'!(8(,(/&5%(!(9"56D,!"(!"/8"F
--!!%!-895(9",
A;-,!(
!+(%(!85!( 2"6"/678-"6
,+,(1!&8
,0-,!(86/.",'/6!"
/.!/-5C5"!"6",/.&/6".!//.",'/6"8,5"6C7$-75!( 2"6"5". 6",)66(-6,(&!66686"556C/-/
6"+-E75!( /C!"6!"!/6#8,/C!/6,95!/5"6!"/"!5/!/9C"-/-/6&".7"6!/,8&5!"&8(5C!"6,/5"-J6"35"55!6(6
/-//+"7(9/!",(-35/-7/,'6!",(.'//9C5"!(7.!/48""67"7/,'"755('893566868,7856&5)/,6F5". !"":(67(5"-
-/(56"..7!648"9(9(-!".75/!"-(.6!"/85/"48"6"5(--8(7/".#%(648"-6"./.7566"F6,".!6",".&,".&66/(-3/57.7"6
7"67"-8.'/63/38,5"6F66/(!6(!".7(!!"8,785,!63"66/648"75,'5-/8-/55-.6"556!".7867"(6C6,".!6",".&,".&6
66/(-/(-&(.5(/3/38,5"9"5!!"'(6705(!/875/67"-3/6F"8.(!6"-5"68,7!/!5"/,'!"(.%/5- /"3"648(6+8.7/!/6'(7.7"6!
,!"(!"/8"C6,".!6",".&,".&6668-"-8-33",5","9.7".75!( //5,".366&"-!-"6-!"&"5 /"-&"5 /C75.6-(7(.!/
9,/5"68,785(6"5". 65",(&(/66F"67-J6",".!6/-/6!N"!5!"3(6N/--56!"%"55!85C!/N-85/!/6"659/6NC!G"55!"8J
8NC,".!!/91J0"/8756F
-#-".!!5F<!/,7/C5"&(67!"-QWVTC3",//7.(/"3/"78&867/86/!(,9C"48"./6!"65"9"48"8-9,"(5//3"56"&8(58-
,"5"9",/;CL!"-0.(/"-%(&85!","5"M3"5""J6"!/35"(3)(/"!68(-(.".7"48"!F%,(7/C(.9//66".'/5F/5"%"(7/!"-(,&5"C./'/89"
3"5(&/C366.!/6G-5-(76!"&(&.7"H":(67".7"6./%,/5-".7/!/5(/6"5"-/.6(!"5!6/-/6".!/6-56!6376!/9,/48.!/
7"55/8F6+./6#8,//.79J6"48"C.8-3"48".5/'7"5(35"(!/(-&"-!(5&"-8.6367/5"648")&85!9-6"86&!/6"48"
75/8:"5-35(&5"+-75(;F6!"./9/(-&"-,35"(C!(;".!/J,'"648""!(%(66"-)8-3",F,".!!".'/5!/,7/5"%,"7"/
(-&(.5(/3/38,55",7(9/8-,/,48"3/5.785";%/("(.!3/!"6"53"5(&/6/C3",686,76"6536L"5!"WP-M".'/"675"(7/48","9/8
!"./-(. /!"/!/.%"5./F"67"7"55(705(/6/-8(76675!( 2"6".5(;!6.6686&".7"65",(/.!6/--7. !/3/5/C-(6"/
5537/C(,/!/-","!/-(,'/C-"!((.3/38,5C9(.!(-6C-(.'/!/6-/57/6C-(.'/!3"5"&5(. /C".75"7.76/8756F
&+(,.'!+!-"-.!:(%)!:/%./,%:-+(,.!0863"(,5","9.(8,785,"3/38,5F8-%/5-!"3665(.%/5- /".75"&"5 2"6C
/.'""5"5"63"(755"&(/!",/.&/";/.!/,7/C"-7/!66686-.(%"67 2"6F/6/!".!!".'/5!/,7/7"-&5.!"(-3/57.(
3/548"!",&8--/!/35/85+867(%(5":(67$.(!3","6875.6%/5- /.8-6.785(/!"3"5"&5(. /F"6!"!/6#8,/48"#
/.6(!"5!6".'/5!"-8(7/6-(,&5"6F,".!./6"3/!"!(66/(53(6&"-.785,C3/5":",$.("35/85!"357(!"63/57(95!(,F
%0'!-(!%:(/(')&!8,/5(;!6"-7"5-/66/((6C3/557"5(;58-6/("!!"!"/875/67"-3/6"5(48";!6875!( //5,F
/.75(8"-3575.6-(66/!"6"5"6"75!( 2"6!"&"5 /"-&"5 /C+8!.!//.6/,(! /!"9,/5"6"75!( /"6.6/("!!"78,C"
35"6"59 /!/375(-0.(/(-7"5(,F759#6!6,".!63/!"J6"3"."755./6-".!5/636(/,0&(/6!/6'/-".6C3"5""5/66"86!"6"+/6"5""(/6"
/.'""535035('(6705(C.8-9(6/-(6-3,"-"./6%78,F
!&+,(+,!8
%&'.(-+,(+,!.,!(8
('!!('%!-&(-%!-8JJ
B;('-,0(:%(,!2(
*-:(/+,($.(-$!&+%&'.(-8JJ
-(-8JJ
-.(('-,0(:&-8/66)9",!"635"(-".7/!"'(6705(6/-!"6"57(%( /!,!"(!"/8""!"6,/ /!63"66/6!/7"55(705(/
35/87565"&(2"6F
(--"0!- !'.,0'*- /./,- +,-,0(8 2"6 !" 5"/,' " 5"&(67/ !" 7/!6 6 ,".!6C ,".&,".&6 " .7(,".6 ! 5"&(/F 2"6 !" !(98,& / "
6".6((,(; /6/5"/375(-0.(/(-7"5(,!5"&(/
0'./!-+,!,(-'-.(+,-,0(8F/57/C66/( 2"6,/(6
C;(/&'.(,!!-/%
+-<1,.(-,.(,!:(/(,.((.(&+=8
(J"55!"(6
"&!6!/9,/J,7/
D;!%!(,!
CFFLQXXPMK F5"!"6E-58.((3,!"5"!"6F
86"88.((3,(6!",(9"(5CQXXVF-(."5 /.//.",'/!",/.&/E85/"/86F&FQPF-58.((3,!",/.&/
C-(,/!"C/.",'/!"
/.!/-5C-35".6/!"5.C/57/CQXSR
CF/6#"55"(5J
F&8(5!"/86FQXVP
C/48(-,9"6/3"6J(,,!",,/.&/J865!( 2"6"(6705(C"65(3 /C/678-"6"/.8-".7/6C/57/CQXPTC3FUV
"!-/-"3)
)'-"./90./:/90"(:
9"()-9).!).
?;
(/"")
-./0)81/#(+)#*#(1/#'
"!&)-,)-82140
/<:'':=8MQBKLBMKLP
@;&'(/).)&"3)
*" )8@9B9@9
." ())&)&8//)1201#0
)(&!)8'*)!*
- 0.":(")- 0.".8'*)!*
0/-.--(".: )--(")81@201B1@2 #)B@#)*OLHLKFOP@SGSHMTFPP@LG>/*0"*0OLHLLFLQ@MGSHNKFOS@KG
..""&".82*00)"*/"*0D-4#()1*1//1#E>2/)1*0
*2/#/*D-/''*E*22@#)*D-/''*E
A;.-")
",)&) "8*(/#0
-,-)2"'8
-1.-")80-'4/0*/*.2#(@
@#0G'*)!*1// /)0=.20*02-/##-#*=A= *#/#01*=4#)00/#()1
6//0-')/0102-#((2#100020*/0@GGA0201)1*(!)/*0#0*0020 #'"*02(!/))3(/**/0-#
101/'#!#*0#020"#1)10@@@G=*)0.2)1()1"#01+/#1///02'1*2!/))3(/* 01#4#0/*(/#0)12/6/'#!#*0
*)0#)'2(0 01#4#0("*)/1@201=1@2 #)@#)*/@*0"*0@
',)-/(",". #./":)&* ":0&/0-&:.,)-/"1812'/*(/#1201B1@2 #)B@#)*/(*)1*[email protected])**0-*4*0/#01*0'*#0
04#/('#4/0*0/0'#02#/(-/!//20@*/4*'1LSRS 011@2 #)/'#64C0)*O7*(#)!*1(/*-00)*
-*#0-/*(#)!*)1*010=40-/1@201@12'()10 01#4#0/'#!#*00/'#6(C0)*-)3'1#(* #(0()2'"*=)1/
*/C #/=0)***(#)!*#*)12 #)=!2)C #/)1201/C #/@#)*@/1/#**0'*)!2)00
/'#6/(-#)#0( ($'#)*#)1201@)1201)12 #)=0*-/*#/0*0*'#/*0=@#)*4)/**(*4*!**0
##)10@/*(/#("*)//@*0"*0/(*)1'12/*)01/2*-'DLQMPE.2/G@@@(2#1* /.2)1/*(!)0@@G.2*
'*)!**1(-*-//(1/#*@6').2=01)*4/#*0)4!*/0(-/#!*)2 /!#*#)4*/(#/!(/#*00)"*/=.2*0
0'4*2@01/*(/#/'#64C0)*Q7*(#)!*-*#00*1.20-)001/'#!*0*)1#()1*0**//#*0@12'()1 01/'#6C
0)*-/#(#/* #(0()1(/*=01)*C0-/*#00*4'0/'#6)**)1/-'!/&1/#6'*)!**(*
-/2/0*#)4/0*)**(#)!*@/@*0"*04)/*(*4*!*0)4!)10@
&1(".)"&:)0)(*'"8*/1()1)/#60)*-00*/'#!#*0***)'"*'*)!*=1(0#**'*!**1(-*()#6*/00
0#!2'0-*#0/(*0#*)*)1/*1*00'0001**0*01#-*0-00*@
"',-),-"8/*-/#-/#4C!/&B*) //#)1
201B*(#00* 010
)("")(&".').& ".8$1#*(-*/1)#*(2)#1/#G'*)!*G=
#)0/#*)12/MKKKB#0!(/*1!#
*'0//01
201#0B
&'(/).,-),-"/-")8*0*)01)10)*001/*0*0/0-1#4*0
(2)#$-#*0D)*#0-*)$4'-/1*1'#/E
B;)(.-1):&)-"3)
+. :)0 ,-)%/). % "',&'(/).8 /.2'# #* )4*'4)1 0 -'0 1 201 @ #)*= 12'()1 *( ('"*/0 *)#,0 -/ /*(/#
.).8/'#!#*0*
./))(.-1):'.8/#,0('$)#*B/1/#,0*012(0
)..#1"."(/-1(+.0/0-.,-.-1)8()21)*0/0=#))1#4*-/1##-*)0 010
1(/0".,-"-).( ./),-.-1)800*#,0'*#0>*) //#0
C;)0'(/)-"".0&
,.<(2-/).-/) -":)0)-/))/)',=8
)/).8
D;"&") -"
#4/*G4#''4''*)!*G@*.2#('40
*-0#0=LTKO=-$12'*
#1'*)!*(#)1'?151*00-2'#,0G'*)!*12/G)@7RS
"!-/-"3)
./.))')8)./")8
(/
.&(!)-)&/)
@<
(/"")
-=.>./0)931%*-+%,%*3 1%)
"!&)-,)-9 1++ 1 %1?1%+3-+%%)6 3)%!)%7
/=;'';>9MP,6OMNP
A<&'(/).)&"3)
*" )9A:C:A:
." ())&)&9 ++ ?#4%1?1+?)3,
)(&!)91 2
- 0.";(")- 0.".9#4%1 ,42
0/-.--(".; )--(")9C
..""&".96%2,*4+%,
B<.-")
",)&) "9 23%6% 2 ,*1%2
-,-)2"'9C
-1.-")9
F 23 ,,*,A 23!" 23,/1, %1,"1 #4 2% #4%1 ,4204 2 ,* *,1NR ,6 *1,B,1!*?4)3%** +3 ? 23
) 1,3 *2%,31+2" 1%/1,% 1%23, %04 ,11 2/,+ ,5)3%*,,*%+#,,+,,*4*?,*4**%222,) + B
F 23 , 23%,A1 )%8H2 +,5)3%*,,*%+#, 3 *1,?+/ )+,4#1 #4%1?13 1%8/ )*%222,) + 2 #4%?+/13 31 ?/,14*/1,%22,,*2 %2+,1 2,11 2/,+ +3 2,22+3,2/1 2 +3 2+,%+3 1%,1/ )B
F 23 +3
2 )GB19,2 *!%,2A1 )%8H2 +,N:,*%+#, 4)$,?+/ ) *1+?,**%222,) + 2& /1,%22,31 B
+3
2 )04%6 + 1!* ,,,3%232 +,5+%+%, 2 B
F 23 +$,1,)3,A1 )%8H2 +,N:,*%+#, *%,? ,11 +/ )?+,)4#1,)3,?%+%%+,),#,/ )*+$,*2&/1,%22,
#1 (31%8 * ++ ?/ 1,11 +,,$*,D*%+$,/1,%22,,4/ 1 #1%+,E?,),+#,2 113!/ ) +$,1,)3,?+,
%+%%,*%222,) + / )2NN$,12*+$B31 "% 23%+,4*/1%* +3,2/1,* 222 ,+"13 1+%8,,21,* %1,204 +,1*)* +3 ) 6*2242* 1 +2B*6 804 *%222,) + 3 1*%+6+$,1,)*,, "%6*4%3,),+# 2),,/1 ++ ? 131%,+,%+&%,
,2!4),?,2"*%)%1 2,1 /1-04%?3*!*?) 61 *,)*,,/1,)3,/1&)*,1 *J/1 /1-04% /1 2,*/+$+3 2K
+4*#143)/1-7%*,04)/,/4),/22,4 2%#+H),*,,1 " %3-1%,,/1 ,4#143,/1 B 231,*1%,+,11 *# +3 21 #%,
+6,)6 +3 ?,*1 #%23,2 2 ,2!4),
B
',)-/(",". #./";)&* ";0&/0-&;.,)-/"192 23 ,*1%22,4*31,3&/%,4)341/,/4)1 31%%,+),+,22,/,6, 04 "8 */13 4** *-1%,) 3%604 )43/1*+3 134)4)3412 4)104 )$ ,+" 1 4*% +3% *4%3,/1-/1%B
2,*1%22," 232 *$,+1 4*2+3,/31,+, "8 *2%*%,2 +31 ,2#1, ,/1,"+,B%* +2,1 )%#%,2J2#1K,**%22?,2 1*,?
/1,%22, ,4*/1%* +3,%+%6%4) /1,* 222@ %* +2,/1,"+,*" %1?2112 6 + D,* 2 2E?2%6 12. 2 *52%B
,2 232" 23%6% 2 ,11 *+,,1,22 112,* 2304 /1 23 ,22 +$,1,)3,04 2 1 )%8+4*/%2# *5+%?+4*
6) /1,"4+, +%7,,1%,,42? +31 2 21/21,$,22,* 1 QM* 31, )341 ,2,*04 2#42,24 2,+" 1%+,H
)$ 4**% +3 &)%,B
&1(".)"&;)0)(*'"9./.'("./+.-&" ")..0&/0-"./1,*,6 *2,%%)% +31 2/ 22,2/,224%+,,%*/,13+3 // )+
/1,*,,4)341 2 +6,)6%* +3, ,+,*%),)B
"',-),-"9/1%6,
)("")(&".').& ".9C
C<)(.-1);&)-"3)
+.;)0,-)%/).%"',&'(/).9BBB
.).91 )%#%,2,
&'(/).,-),-"/-")9,2,+23+3 2+,2231,2,21 2/ 3%6,2
*4+%&/%,2J+,%2/,+&6 )/13,3)% 1 K
./))(.-1);'.9%*%+4%,/13%%/,
)..#1"."(/-1(+.0/0-.,-.-1)9%+ +3%6,/13%%/,+2" 232
1(/0".,-"-).( ./),-.-1)9
D<)0'(/)-"".0&
,.=(2-/).-/) -";)0)-/))/)',>9
)/).9
E<"&") -"
?BBI,+,#1"%,,+ )$, 1 2ANH1 #4 2% #4%1 ,42B1 2A*14+%%/) 1 2?NRQQB
! ,.,!2(
-.,('(&!
>:
'.!!(
,;-<-./(7., %(& ' %., $
! %(,+(,7., ,& & ,'
.;9&&9<7BE;A@;B@AD
?:%&'.(-(%!2(
)!(7?8A8@
-!'((%(%7'&$'-'&'%,7,-$'&'
('% (7'&'%,7,-$'&'
,/-!9'!(,/-!-7$'$ /.,-,,'!-9(,,'!(7
--!!%!-7:
@:-,!(
!+(%(!7-.,'&'% ,+,(1!&7, 0$
,0-,!(7-'&$'-'&'%,7,-$'&'-', '-&!0$-.,'&(% '7.&'/%0, '&- ,0$*,'/.'-, '& -7. -
'%'8% $'7/$./,-',.!'$-'%''-&'-7*--0$$%*, 7%$7, '-/!&'-9
'-+/ -,-/$./%-.,'&'% 0,--.&.*, +/-'1%*$'-'- -' .'-7,'% $'7$'&'-7-0$, .',,'2
$%*, 7?$ &?<'$&'0'%-$0 &'7#,'* 7$,'-7%$7&'2-7'--'--/7**--,,/$'7?* &''?7,/ 7,'#)-7-'*
&. &-% &-70 &''-.,'&'% --' '/9
-.-.,'&'% *'-,&'&.,/%*'/'&.,'-.,-%/& !* '-9
&+(,.'!+!-"-.!9(%)!9/%./,%9-+(,.!07,$0& /$./,$
%0'!-(!%9(/(')&!7 &.,--./,!-. '7*,'%'.','&'% $'$
!&+,(+,!7:
('!!('%!-&(-%!-7:
%&'.(-+,(+,!.,!(7
A:('-,0(9%(,!2(
*-9(/+,($.(-$!&+%&'.(-7$0&.%&.'7 0/$'7*,'%''./,!-. -(-7-.,'&(% '
-.(('-,0(9&-7*,., '7*',$.%., *, %'/+/%1/.
(--"0!-!'.,0'*-/./,-+,-,0(7*,'%''7 &&. 0''&'% $'$%.',&'-.,'&'% 0'./!-+,!,(-'-.(+,-,0(7:%*,--$' -7/, -%'',.'',.',./$
B:(/&'.(,!!-/%
+-;'1,.(-,.(,!9(/(,.((.(&+<7
(.(-7='&/,-'%$',,/ %$', -' .'7$'&'>
C:!%!(,!
7% $'7
7%*,&-
',&7',.'7AECB

Documentos relacionados

07 - Javni sklad republike Slovenije za kulturne dejavnosti

07 - Javni sklad republike Slovenije za kulturne dejavnosti Objave so namenjene interni uporabi v skladu z odločbami ZASP in se brez soglasja imetnika pravic ne smejo prosto razmnoževati in distribuirati! Kliping d.o.o.

Leia mais