
.KOKVGF7PKVGF5VCVGU9CTTCPV[
.%&68&8&%QODKPCVKQP&GRQV4GRCKT9CTTCPV[
6QUJKDC#OGTKEC%QPUWOGT2TQFWEVU..% ő6#%2ŒOCMGUVJGHQNNQYKPINKOKVGFYCTTCPVKGUVQQTKIKPCN EQPUWOGTUKPVJG7PKVGF5VCVGU6*'5'.+/+6'&9#44#06+'5':6'0&616*'14+)+0#.%1057/'4 274%*#5'414#0;2'45104'%'+8+0)6*+5.%&68&8&%1/$+0#6+10#5#)+(6(41/6*' 14+)+0#.%1057/'4274%*#5'4#0&610116*'4274%*#5'41464#05('4''
.%&68&8&%1/$+0#6+105274%*#5'&+06*'75##0&75'�9*'4'1765+&' 1(6*'75#+0%.7&+0)9+6*176.+/+6#6+10%#0#&##0&/':+%1#4'016%18'4'& $;6*'5'9#44#06+'5
.%&68&8&%1/$+0#6+105274%*#5'�9*'4'1765+&'1(6*'75#+0%.7&+0) 9+6*176.+/+6#6+10%#0#&##0&/':+%1#0&75'&+06*'75##4'016%18'4'& $;6*'5'9#44#06+'5
.KOKVGF1PG ;GCT9CTTCPV[QP2CTVUCPF.CDQT 6#%2YCTTCPVUVJKU.%&68&8&%QODKPCVKQP
CPFKVURCTVUCICKPUVFGHGEVUKPOCVGTKCNUQT YQTMOCPUJKRHQTCRGTKQFQHQPG [GCTCHVGT VJGFCVGQHQTKIKPCNTGVCKNRWTEJCUG&74+0)
6*+52'4+1&6#%29+..#66#%2ŏ5126+10 4'2#+4144'2.#%'#&'('%6+8'2#469+6*
#0'9144'(74$+5*'&2#469+6*176 %*#4)'61;17
4GPVCN7PKVU
6JGYCTTCPV[HQT.%&68&8&%QODKPCVKQPTGPVCN WPKVUDGIKPUQPVJGFCVGQHVJGHKTUVTGPVCNQTVJKTV[ FC[UCHVGTVJGFCVGQHUJKROGPVVQVJGTGPVCN HKTOYJKEJGXGTEQOGUHKTUV
%QOOGTEKCN7PKVU
.%&68&8&%QODKPCVKQPUUQNFCPFWUGFHQT
EQOOGTEKCNRWTRQUGUJCXGCNKOKVGFYCTTCPV[HQTCNN RCTVUCPFNCDQTYJKEJYCTTCPV[DGIKPUQPVJGFCVG
QHQTKIKPCNTGVCKNRWTEJCUGCPFGPFUQPVJGFCVGVJCV KUPKPGV[ FC[UVJGTGCHVGT
1YPGTŏU/CPWCNCPF2TQFWEV4GIKUVTCVKQP%CTF 4GCFVJKUQYPGTŏUOCPWCNVJQTQWIJN[DGHQTGQRGTCVKPI VJKU.%&68&8&%QODKPCVKQP
%QORNGVGCPFOCKNVJGGPENQUGFRTQFWEVTGIKUVTCVKQP ECTFQTTGIKUVGT[QWT.%&68&8&%QODKPCVKQP QPNKPGCVYYYVCERVQUJKDCEQOUGTXKEGCUUQQP CURQUUKDNG$[TGIKUVGTKPI[QWT.%&68&8& %QODKPCVKQP[QWYKNNGPCDNG6#%2VQDTKPI[QW PGYRTQFWEVUURGEKHKECNN[FGUKIPGFVQOGGV[QWT PGGFUCPFJGNRWUVQEQPVCEV[QWKPVJGWPNKMGN[ GXGPVCUCHGV[PQVKHKECVKQPKUTGSWKTGFWPFGTVJG 75%QPUWOGT2TQFWEV5CHGV[#EV(CKNWTGVQ
EQORNGVGCPFTGVWTPVJGRTQFWEVTGIKUVTCVKQPECTF FQGUPQVFKOKPKUJ[QWTYCTTCPV[TKIJVU
;QWT4GURQPUKDKNKV[
6*'#$18'9#44#06+'5#4'57$,'%661 6*'(1..19+0)%10&+6+105
;QWOWUVTGVCKP[QWTDKNNQHUCNGQTRTQXKFG
QVJGTRTQQHQHRWTEJCUG
#NNYCTTCPV[UGTXKEKPIQHVJKU.%&68&8& %QODKPCVKQPOWUVDGOCFGD[VJG&GRQV 9CTTCPV[4GRCKT%GPVGTURGEKHKGFD[VJG6#%2 %QPUWOGT5QNWVKQPU%GPVGT
6JGYCTTCPVKGUHTQO6#%2CTGGHHGEVKXGQPN[ KHVJG.%&68&8&%QODKPCVKQPKURWTEJCUGF CPFQRGTCVGFKPVJG%QPVKPGPVCN75#QT 2WGTVQ4KEQ
.CDQTUGTXKEGEJCTIGUHQTUGVKPUVCNNCVKQP
UGVWRCFLWUVOGPVQHEWUVQOGTEQPVTQNUCPF KPUVCNNCVKQPQTTGRCKTQHCPVGPPCU[UVGOUCTGPQV EQXGTGFD[VJKUYCTTCPV[4GEGRVKQPRTQDNGOU ECWUGFD[KPCFGSWCVGCPVGPPCU[UVGOUCTG [QWTTGURQPUKDKNKV[
9CTTCPVKGUGZVGPFQPN[VQFGHGEVUKPOCVGTKCNU QTYQTMOCPUJKRCUNKOKVGFCDQXGCPFFQPQV GZVGPFVQCP[.%&68&8&%QODKPCVKQPQT RCTVUVJCVJCXGDGGPNQUVQTFKUECTFGFD[[QW QTVQFCOCIGVQVJG.%&68&8&%QODKPCVKQP QTRCTVUECWUGFD[HKTGUOKUWUGCEEKFGPV #EVUQH)QF UWEJCUNKIJVPKPIQTHNWEVWCVKQPUKP
GNGEVTKERQYGTKORTQRGTKPUVCNNCVKQPKORTQRGT OCKPVGPCPEGQTWUGKPXKQNCVKQPQHKPUVTWEVKQPU HWTPKUJGFD[6#%2WUGQTOCNHWPEVKQP VJTQWIJUKOWNVCPGQWUWUGQHVJKU.%&68&8&
%QODKPCVKQPCPFEQPPGEVGFGSWKROGPVQTVQ WPKVUVJCVJCXGDGGPOQFKHKGFQTJCFVJGUGTKCN PWODGTTGOQXGFCNVGTGFFGHCEGFQTTGPFGTGF
KNNGIKDNG
1VJGTU
$QQM<KPFD