FORMAT :100                                                                     VERSION:18                                                                      HDRBLKS:15                                                                      TYPE   :FAST SCAN FRAME                                                         SITE   :University of Delaware [215597]                                         MODEL  :Booster[A112250] with KappaStage [50.036]                               USER   :guest@DESKTOP-O3KPJRS                                                   SAMPLE :Unknown                                                                 SETNAME:Unknown                                                                 RUN    :1                                                                       SAMPNUM:0                                                                       TITLE  :                                                                        TITLE  :                                                                        TITLE  :                                                                        TITLE  :                                                                        TITLE  :                                                                        TITLE  :                                                                        TITLE  :                                                                        TITLE  :                                                                        NCOUNTS:98673852                           0                                    NOVERFL:-1                     229                    0                         MINIMUM:0                                                                       MAXIMUM:20714                                                                   NONTIME:0                                                                       NLATE  :0                                                                       FILENAM:fastscan_01_0001.sfrm                                                   CREATED:18-Oct-2021                         12:15:20                            CUMULAT:2.000000                                                                ELAPSDR:2.000000                                                                ELAPSDA:2.000000                                                                OSCILLA:0                                                                       NSTEPS :0                                                                       RANGE  :1.000000                                                                START  :0.000000                                                                INCREME:1.000000                                                                NUMBER :0                                                                       NFRAMES:180                                                                     ANGLES :0.000000         0.000000         0.000000         0.000000             NOVER64:0                      0                      0                         NPIXELB:1                                  1                                    NROWS  :1024                               1                                    NCOLS  :1536                               2                                    WORDORD:0                                                                       LONGORD:0                                                                       TARGET :Cu                                                                      SOURCEK:50.000000                                                               SOURCEM:1.203654                                                                FILTER :                                                                        CELL   :1.000000      1.000000      1.000000      90.000000     90.000000       CELL   :90.000000                                                               MATRIX :1.000000      0.000000      0.000000      0.000000      1.000000        MATRIX :0.000000         0.000000         0.000000         1.000000             LOWTEMP:1  -17315     -1502      TEMP: 100.00 0.0000 0                          ZOOM   :0.500000               0.500000               1.000000                  CENTER :773.937600       507.144200       773.937600       507.144200           DISTANC:3.996003                           5.000003                             TRAILER:-1                                                                      COMPRES:0                                                                       LINEAR :1.000000                           0.000000                             PHD    :1.000000                           0.048000                             PREAMP :0.000000                                                                CORRECT:INTERNAL, s/n: A112250 Done inside firmware                             WARPFIL:LINEAR                                                                  WAVELEN:1.541840         1.540600         1.544390         1.392220             MAXXY  :892.000000                         371.000000                           AXIS   :3                                                                       ENDING :0.000000         0.000000         1.000000         0.000000             DETPAR :0.000000      0.000000      0.000000      -0.199000     -0.178000       DETPAR :0.548000                                                                LUT    :BB.LUT                                                                  DISPLIM:0.000000                           63.000000                            PROGRAM:BIS V6.2.15/2021-03-15 && APEX3 2019.11-0                               ROTATE :0                                                                       BITMASK:$NULL                                                                   OCTMASK:0           0           0           1535        1535        2558        OCTMASK:1023                               1023                                 ESDCELL:0.000000      0.000000      0.000000      0.000000      0.000000        ESDCELL:0.000000                                                                DETTYPE:CMOS-PHOTONIII-M28   36.954918   1.004000    0 0.425000    0.035000    1NEXP   :1             0             64            0             1               CCDPARM:155.104000    36.600000     213.898900    0.000000      163810.000000   CHEM   :                                                                        MORPH  :                                                                        CCOLOR :                                                                        CSIZE  :                                                                        DNSMET :                                                                        DARK   :INTERNAL, s/n: A112250 Done inside firmware                             AUTORNG:0.000000      0.000000      0.000000      0.000000      163809.000000   ZEROADJ:0.000000         0.000000         0.000000         0.000000             XTRANS :0.000000               0.000000               0.000000                  HKL&XY :0.000000      0.000000      0.000000      0.000000      0.000000        AXES2  :0.000000         0.000000         0.000000         0.000000             ENDING2:0.000000         0.000000         0.000000         0.000000             FILTER2:0.000000         0.000000         0.220000         1.200000             LEPTOS :                                                                        CFR: HDR: IMG: ...............................................................5><KB?93M=2I<C75G/2@B6:=C7AEKEJGB?CD>DA<6DB;I<:.=B:<OHEQEC3;G5>;?:9K9B?AA?:>=BEDA6>J58A<D;JDJHB<:;;938HBM@2G-C:B9@<=;M>B;?;99?77A3<JF<<AHB8==,M<HB8J3)B9;BJIC?3E==BG9?@=MF8DB.G8A<H?KCEJ*9A<@HK<2E3OHKC<.AH@FW7CG27/G<9D@FFICA..AJAAAL):I5>=DDE9BGP9=B1DDB2:@<=;A=EB<;KKI38@J:C7<FG4;I>F<B;=HA8EA@GA3D6D<>?B@A=IHH9C9HJ@8@:DO>:838?IGF6=?O3GJ?:DK>><:4H6F;?G;7@6*6?BEEE3=?B<E4(DK:B7':K@KF=F@B=>97C6<M@BCE2A?FH766<7;INYK>@=8K?@GP7>J?;>>;C19B/J9>:8==I9OA?H>BGFD.>?4D:BF1AL=7B309G38&HBA.GB7JK?@D8C>E3GAI=<CH@C@O@9FDMJB?EHKB=A<<AG9?Q1C06DM?<8;=/760QD3NI6-?;7C:'GH@:8AF9;:CO?52E@.@F4:CH9C<KA;8DGC@L8NM??::L:=A?,9FG7I9<4IE:?C8M;ACHO?-DF7HF56CB4<CG@GFEJA@=GG8ABBB=@)9ALCOKP?@F?F6<F8304=MIID;G;>DL@BA=H7G9C4"MG:;7:6J6L77C>5>NJ7=H=EBD@9C<?B<DBI?D=D9DFGJ8CAEGM<=7A8@745H5EEF=@79S??EIEG;DHABCG\BCI6L1MB5CS@781PDO?563AC<7FGG=DJG?G8L8CA?DG;?<KCG:3?>JBG;7><H6B;DNEC8F@3NFF.I?@J3GI<KRDQ<D.:DDC3D9H;DO/F4;=C=*HF?5HEEI@:6J8F;/CHF2:=B::5:BB@C013826;DLHB<?BA4?DA7=J8L6G90EDBG;FKS=,6JJGIIC<3J.>D4@5CJ4>JO@BD+PHG@HFG4C@37I=OIEA7;>FE9O;I4.@D@Q3BENA7OC5ECD@:/I<L:5S4@,;4?1>6*?>0.9<95FH887BG8>AC5<F=A?>F=7@6<EE=;F>EGJ-.6B7,:)P/MJ<75>8<ANABM=2=@A*E?<=1C2=C,K=EOKBAL27B>MC+<BCB@6H:F-D?NDB>=@5;C/LH-+>ICA9EBBC@>I@>>6:>=LF&<I<:G=D:CDA@<<5CLFLCIH>A2<ED9H@=G?M=?4IJ@G;OBN<EFEI7>LF+@F=BMC<KDDP;@E>L816L0L873OCF<E9A@DD?6CO=AIFFBMCDWAB2ECHFBA<9/B;BD/2K?ADM9DE?0EG/P<GJ7A:K;@AK<AED:;:?09>BA;A5FEF<G9;D=<C@==7:1AJ;CDD>C>I>C9UE5OGGMBFM?F?F@19?FCAD:>DF@FCD;J0@?:4DG7<>KGEFABL<@DGDO8ABCI>HJ0=JN>;L@:44HMB;F<:<BA>=C0J@KDFHE(97DOA,DKACAT64:>2CIC/<J6<A<=>0C:A?;6EFM=9WG1J:S4SL9AIA:A3??EE:<>>==C1H75E@F8BE;,9@,=E<@B?8=<<BE>CEC0E<887AGF;26:?7H?>6A;.C7>3F7C6=1D5BAAC*A;;0>6@E?<H:HA:2?L=FA=KH?KED9DCG7P=4I2;@;7K5IB+8E?LLHC<C9G6F=I=4B?95AC??@E;<??CJ8@9GQIB<E3EG?@9E=:<<BE:>:I?ECB?DAA;>-5C@BFE9JRBG6?CC>B;A50=G?<I>CCE;D.ED;*<KCM>HF:B26G7O8AC>@<BGC11BB2A:9D'>=@>2B@KD7>G8BG2G>8,8A@=H?G;?E=<CL,4@7E>A<@8@>D7I@)3>?9;;D?.E,E@:5>7I5=<@7AD<67E/@F@2=9?2:@GKGF7-?E<E:2@BBFJ435AJF8?;41@0>HF>;C<H@7BD/9J99K>@?@=C;<4H87D<7><7>A<A>=;CE2B@;EL>=L<CB==KIDFA?E<<4AD>EC0N836A9>>=84AF;G?FEB=>KDE24G9C9S;8CG?:>>F?HFDI,?;/<@2I9=M>@633FCA=4A=:F53;9;?7=?B;=@LM<8:=E?0,73;<CC?D?55G=5E@F:71EA<@:G09FC9?9,M;+86JIJE>4<K@:@7@?7:;60<@9HODE>;>E8AA=A6@C02<@ID9E9G(>ND?CA:@J@=@B>8C:I@?>P;4A3@@FE8?8GI@4FDI8E6BD:GC/G:BF=;@9=E=1=K<D4B96.NF.AF@A<GBG;9@8EJC>@@E/@@FD8GN626G/D4AB;LG)A><>>5FD+=G>ED358;<KI,@DK?AE@>=>;JRO/ADBBLD7J/J?AK6E9=;ME3C?>F>AHCA>B?M@?0>9BK:CI8:K?AB8DEF+HJA>KHL<IGDM=CLN?=E;6K9C;JC=LDIGD<690R::7=@PFB@CB?/AFG?P6JI6A<F8?=PA8F1B<C<81@@:>D>L'+0A8>4MHR>E/B;?EA?38<2OFH4>9BDC@:CK>=?@F@1>MB=F8>=A,C4CEILKA,7=5<=9P79-1AFD=IH=+5;IL=AEFD<FD;0<>MS3&QGB@<8=2BCQ==36M?F@K>?DC8D>>?A=845?B<?<=;I=/D=E582=D7B39>IED4AQ/4HIG+>=@A43CENMA)(6E7DQI:<9KDAI3:9H2GB(K=P:JC?E<?L8):6FG;A?QGHSG?AICNC0:6>AGBJ=@FAALAA3K9<8C<:6EB?BJ=C>5F4I$9;KH83OCF:H@89;RT=?ACC==?GAC@S0VID;?=CJE7FHY>?AD<H<Q@7BB>3225B=:L32D<B@E9B79=H7IGKC>CPA<C7?73I<:92C=<H3A;C@EDC><D@<>FO@BC?;C408A<JR=FK/#A;A?;E;6C=@B00<7H<H;5FEF6KFGJACE@@B;H@?O5Q,G>9D?9E6GD==9:G:I8?D)>AB@MF=A@>>G@AK=A@9*B==)9=0E9?3EJ5=J55-9:54EJD9>78>D?,MHEA6:NC5BB3DA;GG=?F8@:;K7:C@A??ME=86(@E>K3M0D?9*HA?:AGD93D0:BA@..<A;K5G7)>@:/E:D?D?6?:F;B9=E4CH;9A:AH<@8@F5C*AD9L1ND>C:B?I<BC>E?E:B?B8GL<;>F=@;;<3C@@E@2FIB::@T=4D:0JA;2=C>D<=A5>9FDCC=;HG<05OAGDAD<?8:C4FCG?DIDE;;J(@I>21:J(@*;1FAK9;>@<PB6GABH7;A4145A52BDE>C+H6.IBCK:K0ACBKD@B@,CAGBIB=*5I;+CE*89>3C?7G2I64:?GF>C5HF34<26D1I?4;?C8FL9#HHG<<2=0@.>N<3.B@A>8CE1D5?;GEL<F1I7*6GE@==:8:744;E@8L9;=1J<G??;C?9:=:B:??6C88J9?D2?>9AC>GE,G=C+7L$E::<3GB;69MBCF=HFECD=8?F@IE@CMH=B@=0BD>>9>5B3:DHMCD<=K<C>G@9C;;9G;JCHEBA48@E@=DB9KH>=BG@<A=;@EGCCB>.7F>B8@GC=<=QGFH28@F;G@4H28@BD<>@GA?A=IN2?@EFK:@>>HA><D=,,3DHICQDB>C=B9=C<8>6IJD4>34G97E@>7CDC;FCBLEBJL?;=DFC/8<4OA@7=)@A1D?6H?=?=ABCD?>C>;K8MADMB0B/E7EF,:CF@9>3?54:K8H<M=CJ;GD@HE;.6JLD5F<?;C<N?HJCC<HA6=>?@>B9JD-D;19G/IF4A:6=;D:BAK6B:@@1GB<6HIO2C@DB62A3AA?D?=??>9=AH>JEJPD>BDA=?F8E6EE?E=I<>;C>CB;;9E0J?=DAJ391E9@4DFEE9=A8LN==M;=73:>4E??AH46FCO:<D7KHFM;<LLD8=?S@@D?9F5GND==HA;A7AD?=FN6<=>@H>GE<JC?B?:C=FMB,K4E>=P9?BHG>C@A8-7*J=K>CH::A=:JA8=>A=KCI9=?@=?6JCLIE;:JC/IHCA8BNIC7K>ACG;G<G4=7>LG2@?F0ME7><CF@;3F55CBG5>6JNKWBAD?OE-AJQ=?>C<IBCECG1<?<CHI=;/9>CBE<J.HM8DW@O2JBB7ACI>AHCAK:NCI/6@A18D>>5@7D?7D;;GB@<J>G,QAEK9?A3KJKJB8:H?>::;CG>>5C=@-L08F7Q6DD??5G@GED;J?ANL>6?C<;9E>O=>CKKK==HEE3:5MKR:8>=9:D=OF)H@=N<-106H=6;;3FM639=S1PC7*>5)6>G>>IGEI.A5U9BLAH?6A=FFMC3GB>DFB@?18D?=>>=2?A;E==ECG?63?FQVG=C=FE7JDHD=O<8D:<99EDJDB9S49FF7FF6HC<A>>8@=J<@?NDA?@GY:>DB3<DAE:6?A77H@:DBKLHE95>@9@>GD@CE8O<HFQBB3<M@964>CBH>E0:IA7@B:ED><H5IB7;MHDAC6G>@C@T1KN@Q5;D1BH87B;8DL@HA@JBA54A09B?2=<@1D8C>E>8K9H>F?.>;EE>7S=5;:?4::2I<1;@8F>F5=<<P2BMKFB@EME:<<B9<K93?9@AC87<1A:38I<H@*>@2@J82AL=@(;?MAD<<E;8H9A94JE>BJC2E5=Q2AC?F=GI<?C=<:@:D?8698J@/A;1JAKDBJCD7=9DDAAGAH2BF1FE6?9@6GB>FCLGA=EDHE4?J<B9<@9:@B.6D7B97GAP;AK+14D5F?17FIDA<DI;7AU<;G=7F7:N?AG783J8??@4:BH,;E7<F3<ED*BA;=<L@?38;@3G=H>;65D?C<@=:F:M>CG9DEE7H4?5DI>;8BCB1HKA9DIAB=;@>??J<=:=HLGG??K0??CIEDPAM*A?E,@F@A13CHG9;>?>.78H4?=F>8BC;=EJ:?54E@C5H2A=8=7G:<=D9>;MGC?;@@'B79B?51L,M:9@FF9:BI=CE;AD.@=9;4<>8B4-G?B1D?L?F=;@=;<3FP7EBH?;8BK:D9>JBFMM;*H7BBE?F7EDA?GLI6D<::H*;5=SE==7:59;FBI@/?D<G8:3K8>@?=@2NCK>;:=5?98;GDK?9H:90?:C=DDE;I-@B;<>77=PB@4@I.F6;-/CF=>@J;9:B9=?F>77FGAB=A?D2I??=D<FBGM;;CD229<<CF.?B3KBF><6LGCDE@A<F>5M>N;;>=ABG<9EA=H-L>B@C;G@7B1A<DBB?>9IDG9G8D<>>D?8G:?HF?AI0?5JD@JB?AEE27B?MA?BA6C,5;DDNIBE9DD<>56F:>C-DBDBG;<CA=HO=K=9<BGGE7@G95N47=A20CGIG8<ADB?A>@1CN:JB;EHEC@BC6MN1H88AC?D6DK@>CI8BGBF@K<GE@8;<9C:DJ>*>@@9=8F=9/F+FJD5D@9@<;ECA2HC>DFHC;G90E;4>;=B=@=<8H29/=KAM6GKO=KELDAD0B8KACD<7I7ECH.<@-DAEC<G6@I<8B@EOEC,<DE>GAB:M4AHC&F942:5O>F@;H4F7L@D8.DJ9H6D3K@CBCMBHAD><M6Q<JLA??BDIJ=6>BMJI>HE<?998D8??B-P:FAS;:@L><:CJNFG@=IFI@J<A5DIDD>48?8?FGK=N?;4A8X??3<<:AAB;FALC>4.<2EJG/BA;?4AFBD3>H7ACD826B4;?:,=ME?D7A-/737F;H@@<>DDB5>D6<O@9;881:2@BLB4GIA8DF?890CACHMDL4J6?HB85D:DBC7?LH;@IL@=;ICB?>@7FDKA?I;7=54C>D6<CAC@;@;@4E=><HA<:F5EAGC@R@6?9PCH:A;;2H>?HH0B<>CAJCEIJ7AB8BI@C;9;K<@@<D9@=8O766EE?IDBIM@I1B-H?A;AFD4DBME;5<8DIBEJDH76J4.@7>G>PF9N<@J5FBOBDM=>C?EF@<=CACE@F==?3HGHD27BEAC;I=RFD2ANBJ87=B@4B>?L7BN4BF0M9=FFGO7LIB>4B<E<AC:CFAJA@HD9D<=GCLL+@?>7HMI<CQFB:?C9>B?9=4>:?ECEBKC630DEF8?>65DGD<G<:?>>;GA;N2<BF<BIO;9D9?:<?JGB4>F6669C@59?2D5E6E>7=>DHHA2E:KC@AD=?>9>?HB1?GBD=)B>+C;O>BBCM:N@D;E/1@EAEEG?4C:CG&DB@JB?H:3;?D/79I?;HCE@36@FC;HF?8=?H=?FE/90C9;=46<893F=;I4/HF6:?G86KE;E3K8?H9PI?=EC80EA;E=B/8?C=9J:C<C>B;:EAFD9:;:8GD@JIB?3=7;@+8;==C7=MA?;C;2D73HGJ485,2ID<<O6AD9E<@LJCEFD=4F;C05GD8DBE6;AFIBCBI6=<>G=AF496>8==8J8J:@B7A:75>><LLG8AILK92=F078>D94KFIIH46>@F9E<7BBH;?<79DD+8@=>CGIF'B>D8G7<<CID4GE4H8B305=AHD2EG@9<HH/EBE537;<BF&1D/9<9HE@6ICD6;:?>6O<1/@:J<7,,=.E<=LAFGK@8=8??2:=F34:CG>?I>>EC8I83HI6D9;;L>89LH3@=C<2B6>IIKFFFFA==S@FU6AE7<M?D6>>@@DP:FH:JDLG?G:>97=@LHF@7BC?0MR>J/9;BE?J;M8I9NA=DID;4BAAH9H>7GEDB:CD1>;>I7@DB?5=FAF:L42$;E>6GF1J9==<:=@EBA=47H5G?70DMG(D<33;CA9?8L97CJ9A*>AA.8:-B8=CE9?A4DBI59E<D@;F:9F:I7:805>?5@A>@6A=A?:A?7<?IN;D97DIMF><C=7931ED<4L<??HDBA;3CFB93:E@FE.CJ>:K;:<4?HAB@A=I?HI9BAF>D>DB;H:::7AC?GAB08IG:S?:2MDIDB9J4IH?BEH7?C?GHIH4=?5:IHFP?AB;9KOEBF?FFFF;O5I;C?<BF&J=C4U7CL0?D5B>GDK:?@PADAG=CGE9?.>/?=G9IKAF<D=:=>AA.?@@EKCE;I>3@33@>HE>EIC@C7>2D<B9=>RGJHJ;L>A9DD@8C6GM?B<GG:;DFHDGBRKDLCE=.=5=3>U9@3@CD@K$A5A5>GA@=,GJPED2?ORGM77K4C9?9MC@9L'GGG5ADFHCD<7@>KCHB3C/C/BDGK<D+/J>DF=B<4AK@J<D@@6JPKJLC<L6?<AKD6H<EEO4B=5;,BJCA>BG;F5QHED:DA-<7B?>A=J.@N8CD?GCA@@25A8>H>8@JB-3FA9D=,DH/ND5A7?><C91>FM<?JLCD<+D::3D8GM:7D@F/<M@IIRILCI.?8G;FCJHOI2C=:E@6KA;;>>6LNC85@D.@GD?BA>1;=8>:?>K2FDIE7F5F55>H5>:8CM<7H14;7I?@CGEK7:4E@H67D<99E(M;E?M5/AE5-8;MEPOEDA8JP>DHAUK=L@D@89NHKLA7HAJ.EBB<<>1O=C=.EDLIFB@J:GEDKO@I@CKFA;B1F>FK;=A=>H8AIJHK;:B@GB@MAGI0;HDJB?A8>I9=JEJH6@C<><=-47G3A@J7;B;?<<>5<8KDGMG;6JE6D?;AI2EC<6>=<;F7=AG=@ALA??@FX;FE6DH;=2EE;D6@CHD6B:@J1-?OD?=9C>.;7;21I;;;.?<9GG:JE1G->@<G0=G>9GJO=0A91D995E@I3457A;=K7I<EJ?5AB0CG<66DE7BJ6B4>?HE?5?<BCC?<BC?:B2:IF:GF8DFE<A:I3<BJ?F34@E=N9@:AA5<2F9=B0I>A7?;?EE9>I<?@>:@AR<HC=@A:>S=ECJFAA5KKFEM5A=?L;5EA1>C=/1K?7@:E<D?7>A@@K7;H@H@B;GG==2G3=?G?BAQ8H<E(:C;=<JJ7O9>B6:ARB;9EM/;A?8@A5=4;FG<?*@2>GJA>4ED=C>298@=B@83=HFCGH6>;;DFJDG8=D=GFB>89>BLI896;?2=?57;E<A28@=D@>7<AB@8A>E7A(<5;L>A?9>IIJE4F7E7GCD7D552>>;8:9JA=E:;EDEA;CF30D0;3:@/L;44?E0I<5D?B/8?=E6;EDJ)<F<F;M:GNB:A;:@75;/DE5=GL=9*>G9B>;9B!:4<9<D,G@1:AA4AB>59;DH-CHC@BAGDAIDC6I5?=I=A=5>FICGD@?;DI>9=2HA=6A@JBF<6@<M9EFE7LMK5=8BBCC<?BC<>J7FBDHKJ=B.DE5H=>GF8??D@5=?H9?FFJ.ED3GAN>B?;CD1AAD:B89I?><F?<J>A<F@EGA:CA4A6F:LHFJ?BA7@4E06/G;@ABG<9C6?BCC<E=@AAA1>3?B;ADA<7J@L??@?:9=F?,@;@7C<FALJAH<A;8C===B4<4B;:<@D>G53E8D>?=:EB@J@;;=H:C<CLB=;C>HCKJIGI;=?GL@<@=L@2CA?=>6FG=7D?A@>A7=G7A@F9N@JIIG;ADA4<AEFIDE?C4CIDJN</FO=G?FBB54CG9A;G>JJ95@;DJC383I=>BI3>H>@LB?EC=C3A?9<B2;?BB>2E9;L&A?5<F;A?BI>5<@0:E3NN=B=3E28595HH-J<C>DI4:3GE+EB9;D@EBF9D.39?CBF9FD@3M1EC@;AED=E9)DAI5@31F<6J=TK<=??:AB5=*D@:<81JBI9BBP?=D25M=A5@>;.32@B<IIDI0>D*H?BFK?>@1?HDN6DE0A?AD5?3DGKDC?@FQEDE=8K<KD6OA;AGCB@<7H5>/I*C<JH@ACD/BD7CAJDBFL?4VB94175;;3E71@=@ABAA@AFG=G0@D@24>;8JDB>?0JA:DL7FL4A3>@?EF3:CA<87IE8=@C><>84?D=ILD@J>@MBO?BE>:CI>L>>DRB76>C8CNHEKIJP,18<I2D;GH=C7EBMD98I85>;2C;?HMK6B6Q388E>=<?C@DFFGOO63?<41G95>=?6=N?DJ?8=<EL95=<B</1ID0A>A:?=EHF@?2I>F=?@F)GK>AIBDD;N4@@OLJ@4ADF:?H>J2M<D>IGN>L1(PNB>@=1HHJJC8?SC7PJKD@60=G8?5J>HME9/@A,@K6J;BCFB;H99B(?F8FDB7B>/?:/AG4:L?BBHCHEB8.A;6EEG?I=CEJ@:TAGG;BD@&27CD<<=:C95?C2=E8I4>BIAF69D;>@7C>AA?FB5@4GJ;3;;5:N0E/8@ADBAD@AJD>AMDFAFI7<BKDE>;CB=BCH<C@8BA?FA<AGAC@8=B9=K?FA>GB9)KD18N9=F:559>>@J>3>8?D?0A?B240:57C@F??9?L9C-HL87A79BC8C2E=1;?HE=@23A8A@>2C@FCADC4C:K=5K:96';/BFB2@F:B@A9>=I>J793FD0?;:<G?1SGB1;3E5@>HB?A;C4B;KBE;598H79A>DG6>;J6/)AEKF=4?:?3E0LE>FGB?>B@G=<6?7@.B<A=A;B>5HB>E@7=7:B5?E6+A5L=4DGC4=6A@F>>77BKHI@C;;@D;A24C>HCBI9:+<F@9E?;/:L=G>:9>81G>KED4IN:BBAE2.FF,GF2OC?MM5<J68BK>?L:87ADIA>E>/M@FEE6D=><I>B>D77FC1>ABD<7(:<D<BL8;=H@HM480A6CG8&G@KASC;?J;=><5>0B>CI?G;8IB<>COME/6/G?;A5;2J?-9;5=85?H6B27;G@9FOJG<A<EBMC7L9H)AN10?@<?<>>D5D?C=5H@-7:BA@F;5FHH5?+0L;=5>6@=>6>AGDJH?@<P74?GIA<?:H><;RELBF?DNE@-I+FBCF@5B?<I1@B85-@48F&7;<>35@*16E@C<?>BI992D<>;@HIH:><1B6?7D==::4;<EHI.><<;D7MB=>:@<BK:H3..<DF9JC@00==7A<A4<A=@DGPGI::471IB@=D2ABDJ>4H@6GH7B=@E</;IH;DA=H;D2;2GA)IE:@=A<HBF4FQEB=>C?2B:?K58=CD5<KMD>/H?7G8=7J5@BF,=<<:>7I=EF9M<7AE<ALBAEEC<GE<LE8C=DL?C?L?4E;F7M>?<BFD@GFFG<A5DAI9<BID</15CC3L?FL=?DG;=9PC1?>.@A@:3H>G<NB@4BKCJBJI=F65@,<=;7E=CH=C</G9H7>9)D?;-=DCK8@L/@7D8IFAF5><B>>AB?8QEYA/AO37786C:>L=C?).><HMC5C<<55?8;B6DB==18J;C0B>EH>B5:2DMB?3>8@2JMBMKDIKKC<>9@CPDH?J4GDDBDFCCNEJB4M;BB=BC=7@SA<568<FERB=QDC?E=,N4RBBMEC=P19?QF>:DJ(@LHKF>A%F29>H9DBG;C@D<81;<6:;>BD9DFA5?EK6JF9??B3BFB>JC0E29EK==<5@?A5K@8:.EGH<@8=B(>9<C?8<@BJ7AB6?=0@/M?H&I4(J?5FB@K>5I-6=G=BBCHAD@;>>=JABAC=5@>2M@@3J<K7->K)2HC:?/E>17IHE8BAC?@HHC+B<15I8=AAE;=7<88<1B95G@4CB?D;8JCC<LA=9DF9@F;E</>25<OVC;8-J6=B7C=O358D<&879=G>9H6=>:I?DF=5@AK5E>@7B0A?A9C;CKFB?882C@D<AA@8F;;1>OGAJC/8AC4BCAJ5A0I<4P74>;DHK>J@4LD4OFH9<:DH<@D9;34@=<8D<F6BA7EO6E:ADB?7:;8-DDA>9B78@DIA15I1A;=:CC@BC;:5*2LBC:QJGA/@?97<>H9<<E=D3:EB2@4E1?;3D=8<E:3?D@GD=B+7;;GP?JDH=@ICFE8C-BGF=FED@K-AA94.L$G)@C;=M8H21CD*F7<-2B8HCFD?BD6F91@BD6>6;I:EFDDK6AADN89=9;5AD9E>AG218DGH6KCC:K:;466?&>?B;HC<BA:685?;A<KFH@==H>516'<FI=887>>=?LF0?9FED+<L?7:J7442B6<55D;@2H5EBH<8EB8JH<=JRC177FAE<=0@1?;?=JDH=6GGA2B;=<?>?785F48K9=E9?>DB2C?GH1BAEDA;>H<,E9JF=2G@9EAD>6D/JBB+J>>7I2KQA9=<B=>6DE87>B;J;B<?@20B72@;6757A880CA@FOBG;>7B5B;=C?L12F>I@5>?::-D?69@9><IA98<F?793-ACB:9@0:@:@L8<HA,@,AB(IE?3427A>04?E<28@ABA<A/=C;C/7CDB28;K;A>7F7CC*C?A:C8I?>9:7CM?E+=CI>G>F=1A4-7C1GA<4!@??88DF8H@EA<0;H<3>8@FFGD<=@@>FC;>I<<4,L-BO@=CF:0<;736AFD63AJI<>J?FBK;DL=;F@B@4<J@>E;HA@4IBBB08A.<CC?B?<51A<?>A;?/?6D:=;@<IH<@A>GKI2:K;E>C8:<8C1;7<<@H(EG5=H@>-70?>C?1=>J3=N>7X688B?LI43DE>J<G3:HG@-54JB>IEG4J1965=37I8<A?@??A<=8FG98D9L/3I@HDFCM;L2?A6;<95GF:>G2G??G=;8<A=EAC@B=<9@L91F@@:EJ6AQ4L@+?CAP16K8CA<LBCAEEGC:>85>CBD8D7EC>E9=<BJI1K>45<&7AE@>@?JEJK29I3;2DHG6;I*578?G9;8<4I3;@E(F67L72?9HBF=:=DB5E><>:D27E9=@@7=:I9<B5>F/L,:GFA>D9DKF;R<>I4;?6,627HCK0=H@>8AE=I9D>8P:@5EHHBLHL@>G7M=E=7FB?=DI.DFAED8;6;LE=7KA8<ID4==GH?8EM77J<@;LH4@;GD;9?HPGA5?6@G4CH@=C-@5@5;=C50:DHD=J6==;A>@J6A88L;I37GA;?>IE79I2L?AI+GIID:?=@@N>7>@4.7/?5..5G?@@FC@2:;<A*O9H<99?5<C2K160;:8:3@3L<5=7@@;L>#.4G75B@FCDB1MA4G=@(K:B9DD)A>8>B9CF4)D7:ELD<F7LH?@F<>EI4J1@>EA9/5=8=<H>;AE;:A:C78D1L><<I9GFCE8MA;:C:JDC;CDL@I96D8=0<.;EA1:?D?I6B>@8?=EH.;5>HJN@;;IH2P>KAK9I=4<=0?B;;8DBEE80<L><BD=?NK<<??G8>G698D@3BA=7@LIHHJ@FFC7K>3;:ICAK4B6I:7A?<;;BFAENHQ;LGAG;4@@5@MC;3A<:8@8E54BOK637@HG;B?>:.I1>?D6:IH4=BL8>@CBA@BE7AC/:@>EAC7FE92D8CFC=JP<8::?8JI3H;>CB@/:<GFE>;C8P<8A;=EKK.9GB=D.<B8:=A>8AC4D7>>5>6@8D=5?A:=9@?;7G:B39MG;C=CH9H;F>BA=HF03.D;?LDF:159@AJA6IB;A>D=@CFK9?H;@99>?G<?4C?9B3DC;;;:EB78BF<L<<?DL5,;G69>>A>B=:F:>>F-G?<?B?8F85E?AB>NL=?B@@=43J;>DHJ6D5E@A1:;F6=<@FA=;S@<C4J2:<6;;4/G:>FL=A88?F?MA4H<;/B(:@6?A6B>H>E+=C3A6:<C54H.7DB5OCBDN*C<340;=649@=C<>JD09B=7>QJA;4L?8:8=686I=DOB??;?A/C<6B=<A8D+;*JF<C<B;CEM950MGIF>%:9<;E=H;=@7AE::>?9+=/5+C79@>C3G9@'<@@DC78DAK+HAB.:B*9FF>8B8?;?@EC???EC@H@,@BD/198:<<C@C-AKDR;)9C7.2FE?A7;8I97JF<FE;=E=<IA=CCC7EF5GGAEA@A5>AE6CPA9=DJEE?FA15B:5:EA77:>>I>:1FG;H688CSILI=D9=BN;:=.>?@089BAB;KH2/D(?C@GA8:K<F6G?A,9AAJC(9H<58@8B>8?HI=>J'5@6<9E6G9;?;B8C0=>C:4B4;<4=M=;>H2@9<=3.AE=;?4NKDH<:<E>EKL;A;K@=C?E=@59?97;@G ;:>C*@G@BD3D@L@ D8;F>FFJAJEIELLBCF>0GB?I;HNEF59?FCGE@8;F@0>=GA9<9D>GI5<Q@E><;9A9C8A>AIKI9HKCE<*3EBEFFCF49HGCM79G45HBJ<>K<H?=B5:,:G@@H8DDIF=ELJ<EE;H;CAF1H@KBG8C(=D:;K;@E<I=3DAA@@@IOB;C;<>?>EEG>D-C>5R89E4K9?:P:;+FCJI9=@@65HA2J19@67F:FK3>:D8A;GEDDD<0.S?>0=@>4AE<E*;LO;AD?98N<BJ5H:=B=:M6O<0JKEP;D7@FDJH2@FBE>J>>A474BAF:</@6@46F79AJ6@5:;=E=D+?4KK5JI?I99HEIC7H@5==>A@?K9(??AOBGHCAB>DW?BOD3;E;2>C5=UAHBSDM@CCC<JCC:5=?F8>B:4=75BCDNHDMD9C?K5I;.JB=GJC@ABHB5H;@=H;?N9A==*G7:@4CL3B7C=AD1C>6E?:C-:G:5:?@F;8EA=,=F?@0>3=?=47;@G;>68HB;<JE+6?5DDD@4>*I6HA0CI8:J/4;BDE;8H9651I2F=7LEGDGKJ6=?MG@C6BLCB9@<<:A3?:IK=NCM>=;B0>J@A4FCBD?@=)AEH>AJCO?FF>AG@FIJJB@=JDA78D>)8DA6FL7@>J>E?@<K,HF6GB?G2D=9DB4=J@@BH=FD:JF99BBF@=D?4CFK*4<5JC;*<KC3I1,KBEKE>KD69?@A>3D;BAB:@I,@A@>7B5>8>?>;;BCDE69C9AA2?;5AG:B>C96D7K@EGG@E4H2IF:<ERIHA?E>CB8<:A>@<M=A2HB3FFDAH6:?HICE@JA<FKG>66:DF7B?II<<7@BGC;DB<G>GC9EE@:C>=>?9>;@=BFA@G:K?EF8?0;6AIB>1D.<=>;3B=:DBGEP1><;LC8N=M=D;K9:4>6=F,BF<A+>RFEG&CF928H08=9C>;?<@7C>?<A:GFDCEJDJDC3D;?G@:E7>,;ALECANBCI>C=+<(B=4BD?DK5CB;BD7@E>5G<?B9M??K=FN7F8F2EMFA59;H;@D7<@F>9)5;>5=@AH:D@<.H=.G8B:=9@867B;=<<BFE:=MH@A@9K?I=>B6F9DH7G2B@@F'5AOHI47;;E3@>?FBD@OA947;?34B?L0E7D<9D48<;2:3CBH;BH@MC:;CBA52?BDB@FG=F<<8E9BE>;H513CCE=:E?C5E:@HK9>@<A<29K-BF@@?F<A.#GK=G68G1B5;784EHG;?B;M>:K0M:D@<5A:F.29D@>EGCIDA=>?@66=4AKKM<@I$C,@;?:0?0EF=9F:@@@A<?GEF::=CH>D5P=O=6?<<=?;4?FCCD?8:EL7F>@>;CG9<DEJG0?>7:AI<:<CC?A0E;K?OI+:J=FQ@*;I82B4=<8>.I@B<7A<9:3AFFI3C@A;9K>::?;<5E5MB/GF=0CKJ;D<=F27D2=CC9?A<>KD>E@>AD7/C6<8L>F6,8,B>?7/A>E<M8DEI<BH6=8/<A>@8>=H:?8MG<B0K;IKEB8C;9;?9E5I8FG7>KB8DA>8A=K@IC<8FGJDE/><<HB7IF@O@IG=9?29<@?F>B;E=C5CG?D@D0E;><G7D3:G?:<BF=>DF?C:C<CA:AMN%?@GC>;<A@7A?H5@;=C3=@E=BC9BE@8CD=D8<=9@7I;IGGI>7>718ECH?K9H:A89=:=H<4G;=92C@BA>8CF1IBK:FGK8C?/<;H9C9==G*D>=D<BC<?@=59EI:=@8G=ACIC67.&8A>AL?EH-2H;AK;=I.B;811>F>CBAG@25C=:BK96<CD6=B:5J?E=MFHNL'=<CMGE930DHHB??>@GA71EA>B7@/><M@I8A?A8<:9>B'696?:D;6K=7FJM9@84:7<>9J?5>4C3D==-K:A?@B8GAHN:G?/?7K;4<F<2IIIH?FC=P4E2K5MC@=@;S3PQ650GL?>MJH@IP.;?H7?O;8@GFBK19IDNBDE0E>LCD.>C8>-7A??B+N==?<D@AH4EAA?H5ED;G86@D7A5986BC;0>G<<03C79DD;SC4G896<BI5;2DLC8@N?95@C9K=9K=H;;=GHFB1E?G@G?BBJC;4FCD8L>:H-F4<986C;F??BL@CDJF@=HHFDBN;A/.BFCI>BA8M9EF8>:D>7?2;@2A@GGBJ#<C.9B?7?9?:DJELO?H8<CHD;IF@E86CL=PAC9AF30=@BA:CCMIQ<AGA85==;5CB7?HFLI2=>F;CE>CC2>9F/6ALGKBL?H=CGFB4>>HNG@A?G0D<3B>AA<D==89A9A>E<=<=J==/D>693@5?ALC45@:3DH5B:'?1K?B;H6>G=:G@:HGL9AC8B@AFHH;I:?;>D5;;//78B3CLIBMD'NIBM=B;2D?<:I5DBA??FD=>DE/B9<EKBF3B>A7C3FAA/GC15@3=OACAC>>B5I6=8@>DCF><G@=G=;<<:E3B;E25II&B6CF::@JF;@IDH/5E98HA/8<6EB6>D=/C@<D@;C8CAIJFA1B@I8>B8;C5>KD<>D;BG:<P9;FDD/H*>4=B4A6G<BC<<=D<>886><9:FEC7CFB975;8EBCAEGL8:AA+I41I<?A?0<@@E,E8EC<<>FDL@I?:DEOBF-IAJ?59?<A:9;5=0ID>?8A:BKKB=B<F=7HH<B>;?1@6JL6FJFH4JA?9L=.;7A>=C8A46:=3IDF@8DE9<9M5HD42BA3BB9EBK:8K8@8J9C;7<@I>=24AD=>HAD<7;8A=B?AA7C58<?E<@JE,BIBB8@A4;F76.BA@DB:@F5AE/8;I>1>D723A@=2>.D?80?@9>8F,4G9E3>??;B9B9249H=N==26;?1<G8<>KDBKFE6;>?A7K=;7+@;,=2=;F511@CD?9FJ/C./E<=I;KH:<<4EG;7@=7<EE<E5'EIBB@?B6/4H3=@I@8?5DE7B46>>;BBJFG6EH*B<@G?B@AE@H:G@LC2M;A?;AA0N0J:H<AHDQFJ=B@ACL0>BE@9DGC@:?6-;@@D@C:?5GHCBF*;:8G=??;M;O?Q?F3AFIFAIE@FA?4279G8E:@:,99@20:87?5E5A;NM9C;D:9BD;;B>?A37=?KC1E>C@CBAHI=J1A/@@KA:D@DCFDDE=ACEJ>BI=C;@UF?G??8FDAL3?=@6EICB:IL=@H=KA:=C7@E:GJ=CH:F;D=:@M?E=>;9IBD??C7>:9=I95)BJH4E<B:G?=F4JB?AJ?E?6=9L=6==>B?:BA08DS:D;:E67A=KG7?5BO:>AHBC=9L?HH3CCB@@A1>G45F;42@CELG:>F?I7KABEK?/=E7;HA@F8A:?C*KAICIJDG/95MF>@AH4=BDC9F>;6I0>CR5H<BD2EN8A5C8?4:EI:L<=L1BGC;EEDH?BI@F21OD:HC,6ABLDA?;BLF=@AH<@@CKL7@<@3G>L)5CIKV7F4H@JB;KSIBDD:A><>S@?9B?7P:?>F*??B<??<GGN@0E9H,G>??94JA@G7<A8;I*@::@P3A2>B?@=Q@D>R;D26?7-FDDQDF@A>@D:H?F=;;@=K=HAF-F78=D7>C213G?5=5OCC<:222>?00<>38DM6F;1:9.@6AG=9=6<9;?E?2B/EO5=>NNB4E]<0B4L1BE?;D1P@C?2K?CEE<=C?E626>4;@@F8C@9IB;84LE>D3;I68ID:?FL<BA:A<+@>H79DJJE=?D?K?NE5@1DB@CBH=.B.56=MN=>;7<IELAAF9C?67;A?8<4FP;F:@=?@18D-CHBE/<>C>DJH6?9J;D=DAH&.E3E?;BM5C54FM+D<CPN(D@CGBA:6;E?O7H=18:DBJ;D:5?8B5AIMI>2>C@AJ@9@F3IB?DE<BGF?B=3>>DG8CGJ9OG8?;<<7<5.8=E@4+>@:5I?AAEEBAB59C:E<C.6KB;IBA@BE@@H4B=->?>AL3=C,GB=JL>:AB889?R4EF>?HA6?FH;DF::/D@3E+*=CFB@><G*B3F=LJHD8:@F;;>F4>2::>-@4H;SLPIF1*2FMA9C-I1==7.D;A<;@LG8B6E8?<D?GFI4=4AA8<;AG?IDF42;EI8;A=6CD5A@><07?5B8F;:AHD@1E3>9FABG25EC8HD<:>A8?>2I>?H:GFG?@DN;6O?B9C@9ACKEB>>@BAC8G;MK?:8U7:;:@C+E?@GDBK>==BFCK57H?@P?M5EHC;30B5<7>C6;=C6AEI515EFD>=/B7@+@E8=BCG?@1I9D4>@@/;2HF<@=;EJ17@>;7F@<=LCHM;D;=?5I@FGG6>1;<B@@AE>CG>;?@>+F9-?<956>1D12?9927;8>91;M91>8DA<1?J4<:A=PC8LNB4I<<D@:6@>/>;?@<5<1B>BAD:=;IEA>38B4(EC5A;<C9>@B81BA1<KF?A=;?1A<D>88D9J2?80H&28GB5@<G3:68I=8@8=<>;09B=K9:G:A=39G94?A6=A=IACH@/858;KA@1KO>89?8?J<2C5G=DD@<5;DJ9?><<@:?F:6AFC=GJJA=7>3A;9H<9EDBD:::>EAMMD3KFG=>IGL2=I4B;43=72C:2I?;3;<KDKH/K;LBA1:DDCECDR2A;4:<=?NEA6-5C3=A1AE6;5@9:D8FOEDJ<@F9IFB7AOGKBHA?7GA<ML?6A9<5I;HM@AAD9FFHCG5C:<BE5CDD?DJ>/C8D/FCHEF;A@@<B0K399<4D1=;F@BE8C?>BE4>C?GEFF?9<9<7*CDA2<@;(>J8>DG?>G@@GJ$AMA?D<D=CDACD>1GKEF;?1IG<4@?FE?@D6B5:F6B:9GAFH3.8<5FE@AD:/0>HLG7@LH4D6DL8AB:DE?<DI>2@C=B8/@37C4D1/2?A=;G?6@2FFHBCAE;6ACCBH:JC;9@:;3G2CK>7@JN9MB9C=G9>(C=W71B@BJ3>0E*B9=(A=>C5KA>;?04?@8.RC:G3F8?IBH:KCEHH58CA.J:;?P>7EI2=K;>GG@;7?MEB/2?IABFD4B>9?>DF<MEJNAH/-/NOK5F4DC:98J@H<,5DM@J7H7J@65B;CILA6Q4AJ9F9/KE?8AG56MA7L9D@<7H>7>@C=B;<<A8@?9,I.JA@<F?G@E1&I::98;57>1=:J5I34<C;1@9GK==.:@.;H6>0P;5897CA:C6>IBM6>=ID:MD@<@/?4?.@B5=;J3@D,BF@7BEM14>C68.G;99AJ7T9@B6>FE;9H8D?C>A70=I=EB8ABI;<?E9E51=<H0HFF;H7<EJMH.@<<@LG=7K<?EEBNB=ME>8M>ED@9A5IDCA@4?8PB?FK@AA7A:2?0C.1:CE@:7M6>BJR=::?:5829/;>?><F;AGD802==A9=6BC7HFJ$B;EJA424C>8B<D4>F>B@FH@=7?B?>>>IOI65GN;BK?E9<9HKMC>66<IDDGA<D:HGFE36K8@8;;>5?;7@BAC@>?AEHF:?EJC;?;3?B@@'PB@8BHG.4@*=?2EKA?MHJ><CF;9C873EC<6CI=E;C.3>@E3?DFI<??;=CBI:73@?FG:D8@?9<H?B;=:9-I5IEG=E7FH=HEN>GBCB@@KAF>F?OK>;6GEG5#@=<CB3:687>@B8:D>@@3I:;=9:=2B?@@<J;>=<8<?I8BB0B@>DAJDA?@;;GF@7:=AEAE<>2@GJ:>5)F=C<BEB:A(@DD;3E>F;JAD>?<69>5E?@D=<=96<=@H=8C?;FA6E;AA:A>I>:<>LBM:8A7:<:E5?64LE=C7>H1:?CFBGFHC5::HFD;4?AF?<K>4DCJ?8CD<B?:?B;DDA7;GAJ;<=8@8>7G<IB<9==3?6C:HBCDKG>67K9G72:DCH0=A5A>82B>1J'::A1>;C+=LB@>::Q2DA2/GN<;6BC6H?FKF<;7<.I96DEB3FKOB7=4JA4?<65IB3>KDGG</DIIA.5:=:9EK?.:;6<C8A&>H884/A@2?3:BFD;7@9<G;<3>AF;EA<E97B*4B<C8C7:D8711<DFD@LD@B?B/(=1E?=;B>=;<;A?E:F:=D9CLAF?F7:KDE@0DFQ>:AHA=3(=L??D:GJ:BC>>=AB>9Q3:JO>>=C<@DF4>B3E6:LK5A9AQ99CD=L;?B<:>>4HD7/=2ID9GC>5:7G>DHICA;>8KFJA>EA549@EEC<79ACK4@@@LC@D?F;A<:378C=7H738CG;?KE?;?9@=@8C=5E?>3:8H@H8<?0<E=N@G5;GI6LCCEC;6;J8@:=><7EH,H>GNE9:JG?=>/?9@<?H?EMDDGEH=>KF9:AF0I59.HIH=;G?H<AD)=@@?J?5@6H3EK:D??BG=CA6<J=GF@4A3,AKB?3@ABC??A<54=@H2M?>80;;::HIH8I>IA;AKICQJ>>D=D5ED<A5A;ID6=ED?G=/GHJ=JNLD=PKAC94FIAD5HHBL7<D@GNJADI-GFJE??5)-N4H?:F<BC=<Q??FKI>85?T?BBGINB9E0@@U:DD9GC8I7A:@>>BFAI?4O9I39IDS@>C8EI1;<CGKDF;?6L<N??;LIAL6K>C>AO/JK@><9?N>=>9GEM=<@:C:>>67;@<4JG6E<A?D@DB<GE?K?ADB@4=N:K@4C-ASI9QAGPFA@=FDH4KDHAH75C+E=B?@B3BEA:KDEB?9CF<@IG,=K*IB?<:<@AL?DEA9A?@<=>@5BA8"B1<L&GBB?/8;ACJD8>E:76GK=B7?QHEB?AHD@A?R@FN=L>B>L09:@@0=NEPD;,;MC8CUIGD8>B9B??NAAE@G:8:AD7G7@=8GA<IA>BF@HQ7F@<9CC@DEB?B62A95<:?5>>6>;17B??Q8D38DGH>GAE@>AELLEGC27D<1>FG?>H4I?>JKAGF@/C9L6BK4:14/@=@/B<;7D@;@87HA52KA<=8=:N?NIF33@=@@CA=6J69=2JE=D=/B?J?NK<>A@G=DCQJM;JE:=H@AB=>8@;=B7DJC6AD<CH.=H@LA@@BA@69MLELQNF>B=J=DDA<BL2ICF;GEDG:?>:6;);9A>;HDH93IH>;?K?C@AE4KF:9F=CAAC5I?EGG8?GCHOGG877C?A<@H5E8BL885?DBDIJFC;->4@NM9CQ:=AJD=DK7<A@HBEA?ACJ:J32==9FJ;=>QUAHKGC0H)GBB9;4D@6:<9AD:?>?9(CFE;:LF@KQG@D<LD+.:7B=>?FI@A:D<BF:BB@CDE;=EBCG:DJ933E8<9<,4@H=8;GH1@@?;5:F<@=HF=@?:=E>F@:F>:HEIG4,H7FG@::1K===(8G6:8298G9ED?1E8)G<AD1;9;<J<D<6<H?=J6>>G@A;CMI=5(;1LHC8=CEC8;A$AAIDFEA9=<@D>>4KM?CF?<CHHGAJ7=B6;:FBCEAA7=-AJ0?I=D27BHA@82A<?OCJB:C98D+;D>8AH70G8;EFFB@GAGAE3?DGG5GI<H=:8@AC?;BAC;C9G8@>52;==<:IB;<C(G;4:>B%HD@=;5A?:3JC78;0=H?D:><?KBD3A=AG6CD@:3;D?C62FADL/6I>DH@@G>=AOA'>4><>>E;@5M?9CG51<?9HO6ANA?AH,BJ7:=FJ9EBK<HE6@9E=LADB0CA.9??F<@?@?A5FFBCB=DE?>KEC2I;2=>3D;99;J329>56=F9:<BO1E@1E==:;>8=?(AA:9G=J=+3ADA<EFF;C@G;@/C7=/AID5;D=?44@K:D;;58=CI=;J:.;B@@957?=5=CAGE==1A?4A+7B@6<6D;:BFED8DBJ?DA@@?3I@9F>@>?DB5H==A<=A@:AL6<D>D8.D8F3=<E>B=97?JL@:N@9A7HBE@HEEB8>CB<C9AEF?7D@B7G2FC>A7A@BDB@2?;B@F9J9AE4E=3CFQC?AFD>=,5GB5AB@7BC;FL?<K09>>AD=>BE:5;F;@IA@9=@9A;ABKP7LJF7C:<@H=:;ABKN>D;M77I>AM?5<D3M<;IC5<DIADE2@PAFEOIFA=S7AGA@'@O3:3CKAPC9G3CHK:D9?;ID3DH8DCII>7MJCI:B>Q@B5<8MOHKI<<>;EC68GDADNL?ME6+AJBFBAB@74K@D<?A=/EDGBFB>1A:@?;GGCH69ELF7C50OG9@F=@C9JCR4#>CHJE@DCH9DEM<CFMB'71>BPH9?C6CKSM=,5KG>A-A>A:MMBH?M:DBCJ8?C?=B.=F<;8BC@97>G9I9J5:CJ5KGNBAAH=AEE,B@:4BF;H=I;>A/G@?<CB;4D>A?L8I5AJ3LF:C?D9JNGB46JAE<J4,OEBBFIFGLI6777932JGI7@HB@@=D?<E<G/83>9CA@>>/AA>5B:JI=I=L>@CH3=CAAEBOE@CJAD2AGD@@AK.E3?J<@D9I)4>18?AC/G6E9HAF@;6L49>G=:ECE@6>:=GG0P>C<AB>9J@?EGD7?:IB:H#BAB4:KDH,BA;==DE??FBDD=BHH8G;EB6KE=>O:79<?3FK:Q?4@?GF@=C@5ME?F7D19G;;IC7BB=?-@L<;@A(.=.H2L>3H;E':B??/?6H72?FA>@=MDI:<<JGFKJ@F<<I;NDE8MDD0IGJK;J<2=>@1E;EF=89@A.7=C?;D4HJBKAAC@:A@E<7E>O80<DFB?3GF$<DH14HU>GCFFMC6@@G2HLA;K99?L?I@GB7LB2-:3>FC=?FDDEC8=?KFF8GA5IG-A/?JIA8A8J>?@=6??G9D4<@?23/<>JCDC<:?I:;'8D.1?FF6;?;<CIAF;0CL>BC9<49J3=CD68@IH;=1@7/C:;F=?:>=BB7,695@>5I2;F@=1<<C>BE?D)>G6H2-FDE66E33<=6@LL:=IN6:CB%==<61@HCI<;I>C>@);:BF>B=+F7:C6D7>7F>;>D8?-J7;DA99;;@<1=:3I==3DE;;<;:E8B-8F7EG>?7A;:B:-8>@GJ7C7@:@/C?>:586=>79=@D->I>*>>?E2>B8=-6CAC=G03N<><8D/&<:=94:@1378;<AG?9@33938>E@6AF(D5BG5GD><?A?8/<A:?77L/I=;4<5+B=;@=93=E.:-190C?8<@;>?5D@@>4::E=684E:?DH437?<@9+3<>;@7<8G;D:855-:;@J@A0ABF>;7AK==/C?<K,,5:B4?=@=3IKAD91AF?2<D;B=2BC6J><H85F:D8ME=7>9EH@L<=D>D@(G:9BH?=@7>8H?9G<:<D:=J5;E=RAFB?D8@?+8;E@&E+B>:AF@F>:@AF@@8D9A>;E5B83D;B9H8=<6D:BA7@:<<5FE>/;:<BBG8ADD@?DA>65;5/CFB@.EC81GCC=HB=;9>L@F=M=IMA:IG:@FA@A=D7>;366=@8A<=6KC4?S<G8DE<C5:A82<A76:@FDF;BM8?B>DMICHG6?[D5D@2?CGF;GCB4@@CF<C>@130/JCDA5KC5>D=<9G==7D6A<?>=@1JBO0F7A;E@IF4EL1=6@@::LBPIF@9?;@?M;:I<BGHEAJLB;9=>FDLDAGKEE@DKCIH58<66?H0?A@E@;@SF@MB>BD55O:<=?E<F6VEI<M<9GNBEVB=9C@A0?E=D>9?AD<MN<:,=:EAB?H?;B0FLJP?A=H8AG;BBN?9C:7I;B<:AGF?=H@>F;DDANA39GD&D8JC@&9-@E;GJ:A@1?S4A61D=:;GEG>?;<FGHFE>ECJ2BKBG=<E@FAI81S>/R+H6C0A&NGLF-9C;><3L@5GCDB@D?9GC'J-464:8==@H?<9.A8K5-?BO=J;2*$>I78:8;;F;B?FDFE?'@2AGH?E./CL<4(H-3C>@5;E?D;G<BB43BBE84<7B?=;/A9?:2OB6.NJGF/4869E<4EH;?A67D85AH@?2AH@@<LA7:898BEGL11D8FLDHA@J?=>5A=6HA;?2K>?76CB3.A@>>=3?F<58?75A?AAA>HDA?B;>OE4>DGAIABAHKB@D>ECONHD>7O>EC=7C7HD3AD9=GD=4CD7;GI;DD@GK<6=>;:D?B@HL9G?:;C==I?HA7GG9DF;DBJ9CC>:>C@7B135<:B7BJ:MOK5?@9;LG<E3<57E@.9KC63@9KNE3A6BJMA<A;ACIDK<=A;?>D;C-<HHFH2FKER:E@PE@ALDKD4?BC=<@>9DA>F<D<DMG/=5K=7;=@C8AC1<H>B=DIGD@@B>CG7;?@@GKB>.GDNC??>D<960E;26@:ABD:IC<D:>D6;?>GK9IFF3E@A<?<>4:M=G?8:GLHC206<4G>A?>C6H<?2:>;=.<D>-==A@67I2<,B??=E<38.5634D@837:9?BC@7@?>D:<K?;<?88<@=':)<F0;@727;:ID.<C11<F8I:?9ACA/:A8;<9F?H=M?::E@=8D96;FDF'B95HF/;B;:A@7AE6P0=DG?:AAA@G=DB<E56FC3JE3DH8;;=B0@BAI>@DD1H?EDDE=9C8=95@ME@JE;BF@HI8=73;75BC:B/9G8>B9F66B.H9:GKDC6>5<GAIBHAC;B:(E>?E5;E8BED?9HA><3A2H5F6@:4;9?@<M<D3D:90=<;<3@70B5;2;>4.HE8BDH;2?ICI;<PM97<F6I;88>79A2AC<1:=CD8<=@9;<1H@->96*/876DL9?>9GAG7@B,@E?:?/?;?>B6?6?<2GJ<33N?7;>@E8>2=(<B.FBHJAEIF96C;55?:=CB7B3F:6:CDB5@<CKCD<LC@><5=HEAHH?KGHDMC0MGJE1:J=1BBJ:?AAC*G<E?8?:<3>EJ2B@@A>>:K0??2F1D<0<9C):0:E/636?7863B:EE-B@C9I=G,>:AF=C@A;0;8?/6@F=?F=97EB@:?:B3B?11?E;D7G8<L8D;C<B>LK=8EF9988@A23:WD.>@@A</CD>88-678;C79J6B2A)ECF5EGD;9=6C=9IA;IH=G;28I>H;@5ES9<D63C@FBB=FGDG?>G7@B<B:>9CGFC=H>=><@CH@HDA:5K<EC?FH>EHE;8>7FF:3==H=EA@8@C8I<F=H?.F?;1?3LDB9H<B3A00H55D>ABAJG2ADGD/O3CLEBAC@@F:;3B0FE@IBB@@>4>@@<=@:FABF?=7<9?7;E::>@3<>;4HG;DJ>BN@9HE@>=AFC@1?7D<;<;:3?DF/DQ@:BL6?EFD=6L7?D?@;C>ICE>2F<@==7@@?GDDK62;2F:B>H=@F93;>.=LA7?EE;>BH9?I>4:D7>>J9:?IC<;EIQE@DNKE/;M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u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c;8<CAK3J0@D@<4:>D?;I<>>BD<2F:?BL=13@<C@2?A.B-@:DCGHEF=;D4?;>>A>><G?K:76@@9(7A<@??CB?CE79E>0BH8026538FCAC+DHA86K-=B6>;92L@CH=>G>??A5;B?@GG:<E?:H.<9/=@1B0C?9E+:75=?9<@@8H>:;:=5?C5G<>@==<I@;@EC1AD?@E=CD2C6H6C>;@.<A3EK7BJGL:=4@G>813FAA>?:C:C@<D=885A85:8/D3D83A/=51=;9;?A<B?AL5>=6B<7IB;AC:C6CHAE<7H=44=<A??;=@=I?;<9BGJBB=AEF<BDHCC.:B=JAG/596&CGBAH7D8D<?D8?1EH81::B6-CD9A@7DSCGBA<8;EDGL=9BDCJFA8@59CJC>C9CABC2:AELBI@CGA=5B=:70@<AC:=B9EA:>H;F@F>CC??6JACHC<<1?ECCBD8::I@>F:<B<FK7GJBKHD<8BLH5G=NACD+H=<BI59F9>:BE8?CBEO89@DAAAFF>@.DDG=F0JE:>F>A?8=<CC>CF::DBC<6ADHH=>;;B:GF3AB@:=91?<B>4I:8<E?F:>7?>N7IC;7?E1E.8<7EA8=:1B@6@:A5>:B=<?57@$;AAA<<H1;7ABD44G6C=5>C=DL8;:B<AB>.??<@:>59E6A;@82BD?BHED<3?3:D@D@BD58H>:95<>:ABCF7<I<:BJ@A?@F>A;+ACC@B4EBGB?>;7E6H:E8D8<>2@==8:BD@HD6=C1ED<=89I@:C9ABD8E1<;9<<7?=FH.I<C?<?2<BFB@@A2?<@E<86>=K><4J5@>C1A;B?9E9D?:7@FIJEE<JB,J=FBEC;6??@?A6<BM3?F=@CD>@E7@B?B=:C<BFH>8H=D?AD?I9B:<A?@G@E,B99B<@=40ID2I@G=F=G@=EEC;ECC5:B=;=B87GF1@D9A7=D@11?8BF8>?D9=I>B=:;2F@B>6ICD=5PJ=FBB?=;B@<DJ@5B??BI?AA<DBCGG6EFA=LJ=@CM<AAE>BBA>:2B:@?A@D=H6CI<B:8;=CFBCK7:HBDAF7C84BD5;@I:?FB>?AFHGCE:=A==4D@9<:@G6I:L.C?C;7DF(D;F1<=C67?DCEBF;B?>:=HF)2FG>BB=>1D>E>ADDLCBC7J>082?>;?->@>=H<E2>B?AF;5;<A4:A@BF647F:9?CCDBG5;B9<<Q=5;A=>-<E4?>AAHD76<F@EJF=D69<B:J-@7?I9=:6);861G>-87;9I=J8@;AG<F9>G>8D8E::@AH=>K4(B@7EF;><09F;4@-.1K@E5FD>3HCKLH=FC>C0?9G5;?RA@;8?C<8=267>C2A9C668F4CAA3:>9>B@<0@FA>CAA.7@=::<D<C?=.D;7@=4@;;>C?H9B7C<1?35@AH8??E@698B?I87?=><7CK3=D=GA;13:>=9>F=30>9;?.F<A,?AI@?B8@=6A@54B9/BE@?L.:<:7>1;O?D=>=D<:;@3=@KF>=@=N;9@FA56=LDA=8?;::2B<E=EF0:F/B>3AG>.B<7C9I4;:=?7=(3A6?0GC7>0<5;A37G.87??5AK=?GE><C>CD:,H0I@B8>=65BB?+4'@712:1E?6AE972>C4CD;F5=94E97EH>B52D;=H9C>8;D1=:=@<8607<5C65GE>BKB8@5@;6?:??AB;<FA=?;A05256=4;:>5C263E?4@)?C?2?A1::E@B:;9DDIH68?CE92G<;A3D-3C=G?36:=EC)=BF9>BC??=B75@@:AI4:B.J@;B:D@F0=;@?M=CGE9J2<997;>:=2BEC?>4C?JH09DA@7=>?5B>AB7@0><:H7EDBDP9;CF<>>A<>BG?;>E9?6CA9DE?>B@>4B=6IDB?CC<4>=,?H9?;E<B@>8I;P@6B:A8<HGD<5AA>8I@?A:D3AHA.NDDDAH>;6FB:JCDD:G?@D><8A?@?AC::AI5DDAE;?6D>C@H9?=G@DDL>GFB3=B<?A;GIE:6D1178J4?5C;0>?3BHGBB;DDCC0EA=@AH=?B<?:EI;GDJED=@E8BA@<3:=<>G:F@I<BLC?H@@A7A==@@IIC=?GEE@D89DCDADA7?JGC9C@?;AE8B:<GE:<B=?C.<DC<:;69:D<CH?C<C@H>BA>=8=5=FAFDF<;8<:5=B4JEBH@AE?BBCF3&CHF:,>@GE@B<48F<-CD;BC6EA@E>C;IA7<AF80G>A=CFHA218:@D:9<@B4I78A6BKEB4G97/C<AG?7@BADE?C?FCE4?@9@J=>FCE;=>>>@C<AC9?H<F1:?J<;B@>=7J7FBC9>;:BD4=;;>D,0:ECABDE1EDD8>=;;>C5DD3$4@@BD9BM;6?<;AAH?<E>BF9;AB;;BE;A>H<D<=C<D9B@?B<=4GI<9F8J8=:A>ESFBD@=@7;BA=@C@5@<5;?:EC5LABCH8F=DB;ACGE>GC2@A/@H>I=@F<;=1?:J9>LF<E1>98@G1@9CIE?<>A9@EDHA<EDMF:>;>B<A<MDF@F<<6IJ=9:?FG@GFD><7B>;=HFC@:@G8G:;C;@HGBH,<AF??D=6:4C8;6><84IC@8E8L?C=86BLF<?5A<<AGBDAIB21ED<70=EA10@G0;;@5:@CCL?>BB<=E:=HAA<7F67<<?J1>FIEBAE0J;5H7D2<@=<B;@;GB:FKAMLG@K2AB4LDFKC;B/AA<B;F9B:B>95=7J?<O<F:BD;8AE:F=F6ABIC4H;=;,;@,C*0>?364JAB>>=0:;:BDF==E?>@5=CC@DM?6/=?-=CG=9J</HJG/E?FEG?=:J1A@><5<2:BK>A1A,2EA><;>F9;@@F>?=,=BDD@?BD&E6FHH6;J:;:H5BID23>J=?>@<=BE>1?D8@9+7F;0@=<<-1>?>GGCGD9L@?3=?1DEJ:H7:8;2I?7E?A?A/36>D6@J@C<?@9EB)LDB=B+EA:<B<G2A<797:DA<?E7697D?;<>:@3H@>:>@ACG?>C?>NC@I<19=A5<?6>>;JG>;.<?=J>B7F@@8AAD@4J4@FA0B3G;A>BD=<@F82?C@EA=97>9@9?55DABF<;>JJ=2D5?A?D:>>?EM7;>CB1H@B2E5I?:BCB,I2?8IEIC9A;F>CB+E??B0@>D=E90BB7:5@EF=A9BF9;922=558KI2=9E/?DCCBAG1J@>1H-.7B.?@5E,6C6;8?;A@DD7A5BC5796D5A=5=9E.4J78<D?92/:E58D?@=CC>J>96?'D8:B<AD:?6::7B=@>7083E6<:<2/9:=I;88F1DF?9:D=K439<EFB3=87<?9CCE<8DD:?;9D6EC;:;BE9><ABC:?0B0AGA;<=94><1J7@8>5@<F?B>=>:&<6??<75B/?=ED<94J>F?<?:8>E;@7>IG=I8G8D8=B:ABH05D77):AB=6=LA@?>@=505=DA7G?@E73BAD/8D;H?@4E19>4B8KAJ7CKD<GF497C8G=BHEF8>;=:=BC6H:=7:>=>8.@E@A';D?=C>5GB<:ACH@CDAFIEH?>EK,?6?=;>=B?LAI?DBC9??BCEA=0CBF86NEFH;4;;5@DE85A7JA;:@GH899B@B@HKF6@=77CGFHFKBA@?D:?H5B8:4BBG15>>==F8H=C:G7EIC@BAC8@A5->7D+J3>4<98E>2BAEB?9@F>;6E7D78JIA8G<=@CG=;>AI>CD>C:;5B;;H@8=;>;C=EEC<D@49G8G?7JAAG;<>7D9?D<D>9;I-B;I?<@EEG@9=69;JDFHBEA?,4>B?FACI?E<>3?DHA@J<AE93LA605C?2G;I=77C;8A39<=5C>JB;;EF=3;?I3<?B<<I@B9:I(4@4>FI9D77A8??@12?5@I@3BBIF58C:8>B9<??9L>:<ABKG7.<FF:/B3GA9A<;;B>?E8?B6:71?A>B4@=A56@B?IACJBODD?;A?@=>H7H:?LJ:@?=>>J?E@<HBDDH=7K2>E7N?2>@75HAC66J:@8<;=@E@D7CAHD1<LD71?>6DG;7;3?<:7BC8=5?F@D?B@DCIA@ABE9@:FGAFF<>ABA9H7@OJHO>@?EGE8ADDFA=H@E9C<FEC;;7;EGO9;B>J2DDJDCC<A7MFIF=8F:;=B;@@?GB<B:ADI=:.<ACAL6@<FAF@@3?A:;GBK>EA57<=A-BCAD>@;;.>>B8F@N8?BC8<2<68>@BJ:FB;=?5?>B@@H*>4IA2A>@7?2F>CKB:CE.F5B<A3FC8=A3BC1@D28LE:6DC?B<&?AD:-=BH9A6>?2@C0-<GA@>>=B+>C<6ED;;>>4AA?<E@>G7>?43:HG7>1CA9=@9E9=;C8CAEC@J=D8C@>=C<<0CEO*JKL-=8A7>E>>989D#>?B@=PJ@:'>?=;=AD./1H@E2>02?65>@;;>T<=5;6:;8->/C@C33:F(DGC<8<A@>8EG1??7GA;4?:<?4D:D>57E15:E=85;A<>?4D871>=<@GN=<;>:D8C:E9E@I=7<BDJ5F9??59=8@A732;5CB4;897@>5><<CG@9@ADD2=;@?36:HB1?E@A=;AF?>F9A;I<;@AEA<E@8<>CA>D6HA;.@CC4F<B8H4B8BB;>8B?<>;F11FF:>=BBCDJ36AF8>0=>,47;BE>CB39A94:73693@4A>=72E>C@7@;>:8>@:69H;6C7=7FCFE@7BI=;.<68HC@8<57DI61=9@>:72=<=*@<H@;6@E79??/@;?@LBEBCH8HA;6E96=:B59?GF2@?@9=?B/7E@>;715F2C5<=869<*D=.>EE;FF@AFCC:=?I&?;8D=;>A=9ECH:@D-C@;+456=>A6C=LC<C@3@@A.=?B:@H+F0DED7C2EB@A8:6*:B<B==<FAF6<:E7F,(/A>99?AN8>B?B:B/8<C=C?@*B;F9>?1A=>FD9C<<3;@,<<>BM?@C<3A@AM<DAC8@:IH>NHB@J@DCDH;:D?<9G;9F;FFC?>D8AF;HD@?=?JEDBHH5C<;8?>@D:P9G<AG;CEN-?G@C?@I@@?GE96?B@=;>JEFFBF<F-F;BH>B?5AC@O?:1?A>?BA7DMAHG79?=KB5D5ICA;?@6C=K?=.<ICC;9ACI=GB:3@:@@7AG>9:@>=HDF5DN:DDGGA6;A?A5@A>I@8HDA@5?G<><@4C:E<7<5?9?FHA1:;1AG@<;;18?KFE@9</B@:K8639AB9J;BA>@@G:?L7@:'CKA3=?36K>@I?=?/<;GAFDIE5:938;@;@D?=8?EK:CC:HG2=.F@=?;D.GI?=>847I88AA$C=3<AFC:C=2<4DBEFD7D;88</?CB6K@;1DA@AE9EC;GA@;A@AB3A4?EC:<>9;G>B8<GG44J.=I?7:6>>CL>BE:@@A@8@H9@8<@F9@8CK@@<FIA;8DDFB6A?L:>H;FD7I9<=53BB9?H:;;;6=6M8O<4BI8=B=<D9.4>G7;@<H5AB@:@@>;>;AA,6AED:5FF:6HBNI3F?A3G@DBF:6G@CC8IBNB@BA49LABFAA=7DI?H8@B9;D1CB7=LG9F::GALEF9D?CFDR5D;E=@AG74:MC>>CADH6HBD7=EJ;F:=9@FBB?AD4D>?9?<<9G6?DB>E8;<EG@@9>GB>?GCFEHH;==><<CE>F<HJE=:>=BG6>>>C9E<A6E>EAGAAE3FFE?>=FD<D?FE?AAD47C::K2?B9D=F:AB?E1K=G<E3=;F72==@7FJ@;*E>56H8G8>94I8ADF>G<<@DE46@AA5=:=8<7B@L:)4=JCD;16CE?81D?:EEE;BD/BC8E49=3DID?=GAHE>FD?H;>8FEI7GI0@<<A<@0E?@0HA8P@91;I9=<DBD>=<8@=;BA;;9OB,IGC<<2H7>,C?>G<D9@D79B7CBMDICCJGA;@BCGF;G3G@A>FHCA<HDB>9<A?J?@I>G@4:B14>F;4133=6F<6AK?K<A6,<G/6@3>=6=@>D?<=D65?B78>.9:J62CCE764F<6E4C<A76<@BD9?3@CM9B15@==,7;B?=2=?:9@:<7>9'5E?G>4@==?ACH@=>0<?<B7B9=;GAE>>>BJ?>,19;G,H-BG@<O>G27ID8@>4A9B=C6E<4>==@F<==2<H=AK2D3:B;I?7DE68JG>>@G(C?9D;C@?A=J@B:@:7EAB?<G1@ID=ABCA<BB=?>@DEDCF:=5<L46EC?FDFA3K0JFBO@C@:<8C?B@6A=>8<B=BCA>AD?E;08>8B.5>5@HFE2EDM@CE>A;:A:I<65@<4B>ICE>A6=N?D8>>;IACL>:?=E?GG36;GC<?@18=;H9DGC9B,:9;A7858?CKDAIA:A=7=>494<EA?<3LG;E4A=>F@G9:>D:@0@>8=><:?J5C=9C@<8G<CC@BF9B@>IE@?;H-=C>?E5-:D:1<DG9;<:1D>:FI>A7;@9?<B:=D:<@?G>G<B;??<&A;?=FE<9E<@DA?9>@KAAEGD9:=B7C9::?DBJ:P?F@EBBD5EA7IFBB6:ABJ:>:E?EH@DF6>@PE68,;9;8@<=CKCA@C9CJACGD=CFEDB<E>AM:BEDBQLG7BCB6GBAJ4?E>I=B7FC?>FAD<6>?CQ7IBACAEEFBECF9G=:.<AD@;?9?DBD@A<8@>F1=@I8=DH?A>7I>=8ECO;?D1?C7?AG;CIGF?B7=J-<CFA@EBK9BFF6;DF8@=>EIAA<?F6B;?;G6A<FFQDIAEED@CFCJF4CA=GD98HACDC2AC<;G?<?77DB>=97LKBBB@9IAA=95F@BGHA;HA:B18CDDH8=;91AB;=)7D91>55:@;@G?H:<6GFDG=@GCD@=382@M;DOFI:8I88>7F8J@<C??J?89C<?AD2H;5A6-A6;C?GC?=B@CB>9?BN=A;BE:5@5<9554>F7DFEFE.<J:@.>;H?B?=E:?;D:AC?2;CF=:<90FE74:G@H9B<=GFB?B4N;:CB7;AC:P2?I<D:=E0AE@C7?;89H8B<D@G:,CB><G@@DB?:B:@<9?J?D@67<8>:;;CCE9E>GBC@G8;7.8DF=FCAA/B=7DCHAC<J8:BEB@EG@F8J@EIAF;=<2@DO=9GD<>BCCA6L@:B98;5NA=G?4<ADEFC@A:CC@=:?F=53BDC6B<35@5?<=6B:9B7E<A7F@;1AAD@C=::?CEM7>IACAC@>@@;=E0CD7HB0;FE>>5HBAGI><A>8LF:4;?G@9CBD:EBA1HBE>D5LFE=<<??:<ACABCKGBD?JI?<93A4G=3O@6/;<>K<M9GAAIJDE>G9E<2?AFCA.G@EAAGA9A@E-E6>AGGKE8<@?A:D;H@??B?7;:B3DN:AEI?I>P>JA=HIBE;AB?44LD6=MF@;=AA>JE@7>A>3I=HF>;@>MF<HE;DD;.BJB==@4=?:9;=B;F=??@>-9@A9?M8H8DEFF?C>=FJ@BQ5ABBD8;FKE?<H=??:=:;24>E;2@/CEBF6JGBAHD:HA;F6C?@K4?9<<C4>=@BA<>:BB@KA7A5:DD;EK=:B@D=G+A<BB<C;ABF44EED6==8<<@8BGI,J6;7@1CB?F7F1KI?@<BE8>??E"236<D1.@A;67<?,6;9EE@DF@H<E/?;<:L@IC=H07E<B@<?D>?=><8@58FD=:>6D@BA@4>=@>??;@8FK77450AMA>3B@D1E9H=H<;+B=CMAG=CH?;FA@?:BB<BCE55KT1?9<<2G4>0=D<;AE>?CB;@=8MLBBAC<C;IH<@5K@A>DAL@A>=D0;D>FB<;F2;D3===??>=I;>>@0MB1A;D==C?I=1=A@:@$8G6>IG@:A<=71=2L>>G>8CAD57G<@CE@D@;?6A@:=>EINGGH,D2@EM<,C:R@IH3;:?BDFH:33@9<HDF99:6A9A=?0GA@A<@64?A>C?B.><,:1=7=:B9<@@7;4F<8/AH;<;CB@5:BF;2D63KK==@8;>0A=3@A:FE<?E3=@<ACA=>DF+>H<<3A:A:;H:@G:G@3L@;5N;B;77<:<;<;:7H2I@;8>D;6D;G?GBCCA=@@2:?B<5>?C5=C99F0H7CB0@D>@CAE@BB?17?HB;>>:>DC>ADC:5A=BB?KCE5HDD@7;?E?DF79D:?@BG39IA6F>=5JLED6FDDD:.8.<@8;9:CGAAB>H?@6ED64L5A69=5C>MCH6HE.>GEEL-@K?C=6;HBJ@>FP?>CK7?>CDHF>CFF=@F/:=@DA9CAA7A9@=?=?H8MGAEF9;5BK?A4GE7F00QFDG?FG@?DB?HK@?CKL;PH=AJC93HI?:IAG=DHDKEE>666=H>345DH?B>>>D/:BFAB8E:DA>7E9=G:E1E@8B?ECCG9:G9.6=@999>9@/=5568A>BB<4GD?=FK?<.;;A@?;A@C8.BBDF;;;D>;FE96FFCE=5;E@A>@>=HB>9?<C:?B=F>C5GC878A:::D=7BAAEC;G>==<:6<C>I48GB@?@@6F52;0:CA4<E>>D5;>?8>E6D4D9J9@G85@;D?B3@H57@FDFIC<;B@B34;5EEFA<A6CB?B5,@;@4;=:=??AA;@>GC<GDF?>3G:;HH@>IGB9C9@>-@B:>G@6<A;E?@BCI==EH:488?5C5@A<@9H@==;9=DDB<GH:A4>HB?EKBLF2FBDI9CI:?=>:@L==;7G@D<4DH@IEACAB<;C>2DD7=E<F>B7MI5=7HCHG??B4=:AABD><8CABH>1:AI1CB<C;DFJLBB<6F@A6HB?DFB<<9?=I:8@C>E=C@L70D>GB=;HE==A1IA1:7K9FCA=;?G2F>3;;ABBC@?27@E3=8;@83@?IG2@KD?49>6:?=CECAIDKC9JGC,<E>E6AN:>>FCE?7BB;?CND>9GDG@@>696@H<>JBCAK.CGC@GB4BD==;<AJ0>CAJ:GKD;=>B<I7B;?=@5C4F3D#B@?=A4H40G:F=@B>@APAA-?@IF77E<C=?CCA0FC8.B4HG1??:CAGCD?>=3CD39A:A1=;?5?G4J-;E>5?B@:>F;;--3?-@<A<FAD<JG5:EGG?BC8?;:7=<H?@AB7DE;EBE@@7G@=?>=:CE5>O8AC:/=GA=:3A;?;CA:PB>:AG=G>F=-<?G8>@?;0>F=@@A9705B?CB;E5;E@A96<.<?944&<9A:C>?GH;C,?E>AC5;EA?>DJ>9B?;;;891=E:>=J=<5>@E5+@<85B;?;EDA9;>E59K=56?K<L8>7BIFL/8;HF9>;M'H,JC@9;<F<C=J35@:A<7CEH:CD=@::<=D?<?234ND;:A;B5=AAAA8A=1D@6C=<<6B@B=>2@9C>0C450BH=BJ6=BEAD=-AA>L@L@FD:3@IDG=::HJ2@AA9@A?4L?M>B<D.BD5=?6CCH;C>>J<C>/@977,G=??FE:@DDC?L8C4?A<8<50B-H2;F4;BDDI6@,4<?4?<;,21>;<<@8?74?;8=CC3A-?8>>;:?CBA3EC4:FD3@7D6IJ>>;?8<7=C6?>E>C;?<G>F<*?;?>IN8CD9;<.B;4@>7;AHA,BF@7EA869?A;--=F5<9B>@0@9<@ADD@A;@=:G>@;6>*EBEE>F<>BC:=#G>==;C@?B0;GH<9HH?:9D4<2DH<;@DGLHCE6M/?@?MECB7?8F;B<:OA?D>GF=D4@E@CA>@C99:BE;G-?;84<9A>7F22CC:BB8<:DABBB=E-5556D<8B>=>HAE>HB7@E<?<=F6A;NKC8=HMD.AG<DCG:?A=:@;JBLBA:EFKDCIB<>7FC9;E:BB@<DD>6HCDG7@@EFJN<9:=A<>G@:JG96E?EL@CGCD+CF8IFB?2AD=@@>CA:?@D>H:F9C?>@;8I7JPDF::D7-8:>F>GK8>DHDDA7<E@H%>2D2=,</8C:4G><=K@GAE?5@C<8*DA>H@>6EF:DF5>A6.B2:96??ABB87379D9B9J==9>6CGE34?A7=B?B<88G<4-AJ:I:C;JF188;?A;?<?8E:<;@3ACC:A=EA:.@=9>B6>52=G>C=:CF7@DGDCC<E6566EA:8?D6<AB?<C3AD@?6;7CA83<G<B<=@/=4N@E=6>E@8=@>D@HB??C<;=9=@EAAC?9B:3?=G6A::@<BA=AFC@=I78CCI@CEDG?8D@AE:EG>5=E?ABDGC@@3;GG:ADLACG6H2@DC7=;>=IGE?@;A>BD@;@;;?44EFPBDCB8EBJ5I=IE4A>EGD9?;B>;B?@@>E<,>A:BF5<H>5J06?;GG5F?=CCA:>HD=7??JGC?=9B60ALHCCJC8B98C?@BQD>DKG7>I5D@=I6F?@A96:<HB@ICIC7@98B2DJ?=BI=?E3DBB;G;FIAF6GEFDA9?AB4:9=C@>CB<=?:6H?IF5>=H;<>BAGG?B,5DF>GDJ@9C@3I<=,O9HCGAF@JE:;CI?B:9>:CB?D8<N@:=>CA=5EACACKH91GA<A@55*E@:EA<@;K?B:LEBDLE@FF=HC@H3;9?@CA?L@4IE3H?@G98?@+A9=@=JG8AI=AK9G:<D5;E@LA=>9:<?2<K@8HBJ:97D7<93FEC>:BG?>F97:79@CL7;G8:F?C>BDCA9BK>9@A?D3A;@A/5=D;6;M2C>5A@B2===:>?>?9KH;E>9CCKBA5?8/4EFE?=?>1BGAH>7:2@>.>4E:D?0J2?1CA44B:;BID>E7=F<-?B?DLB:F:6==?4*>5.?3AG;2>?D3K.CJB=7P@>==9@2@=D2??:BI7;;A;3?4?B?=-:2@=7:<<AE;@=93A33<K1?A>@E;6IC11;7C@A=B>83J=E2<=?=0068>9M4?:4BD@8B@?A?@:6=5H;@8D0>G;GCH=:=@C=AE9<<=H!,J7@DFA@;6:6DGD6B>??BKA>.<C;?I54B231*785?F@:C=0;A;>7.BHQ@EIA;8<?C;D<42D8;=7G7?7.<<;B==CA7?;9>6=D?B'7@D>A:<364HG?:;KE@3,G@>7A<E;;@<DH(D?9AC<@=BBL<DB:8F=86?2NE82BH@AD=>0BC5F=:C?B=E8A@8AN5>C@8>3286FF>9;9>>8@;D?C9:>:EH;F;J?B#5?C<:BB>6@;B<@9D.;?99@C<>7C;?=5:CA7=4HGA1;@A;LCCGB9<,?D3J?<89:B@<B:C5A9:9G*C:=E@EA:GD2>;LJ584457EH<J;DE.C7DJ8,=BD=<FAAD;@A:=@G;@;?IA6DF;;BDD?=BG2=OD9BB:D58HCE+IOA<EAF@8?DGIJ?>:B;<A>;8DD?7HJ..<9D:AEJ>>@G@<>E@GD6A8H9ERG=,JE34FG>7DF:HH@DCBBGAB<LCC74D=9I@M@ILGCN<ABD;D5>MDDBC@D>6C@H6=JD98BE<K>@8D@>BKLHA8H>AH:E0=:AA?JG?I@<DGJ:8E@=B8?DBE>9?@BDND:?2D>2CBH3@><49=C28F?>>D7CCCE:D@*;<:6>848;:>A@7C<HE.D>=8HL8G==9E?C07D>;6EB<B7:=@ECE:A2=:CL7>=F5D9?AI=D=HF1A;?9F=61CGE5HG@8FA8>>E:DJFIKL>D@AEG:+C9G;EHGGDF=8>C6.>6JCD3BHFBA9??F@@@A>>I7>?9:A:AF??EF:B5E>>88DE@1;1<IGF=EFDECIE?5@HA>D;3:=:<A3:==;KEKD=C=:EDA@;FHB@;>>G>D;1>EDFCFJGFIBAG=NB?=B?I=>=@?I8FDLABELA:G??=II@JN8JC@68?KE@CAA6=.E@ABK?F>=E=CG<BBP<KGF<HIQD:BB@AF8@VD?>D5?2::AJI=FC?EE>HAAE=B@@D?A2F=?B8B@F;E>N6=MCIE/BG<I?:H=A@<3;E1EE@;?BD>>;CI>H;H.F9>;GH6>TSG==AHB@<N9G?C?9H?E?:<9ACHAEA@G@HB@2:MIIA8C>B93CCCE;<CD:8A;KH>?AEJ?A;EG<IE>HIGE77F?<D<GFDJC-I??D=DI<<8LA87A>6FA@G2D:@H>JB6;@:AK=?B4>AE;>I?>FKBG7E;J;<=9@G@I=IC;76B>AGAAA?A2FCABE6BGC=926@B9E57E=8AA/5@?H2G0@=H7@AI?B?B9LBG)C<6?ADC<G?G8ACC:9*9<=;G6@;@D;BE69:B<I@B=BH=4JL=FDC>9%A=:9987>>=B=B8<A=9H856KD=>8<=H?,8D8B?A=;??LB>A255:<FF;?<C8BBT06>F?66<L?D7DA8-:<<@D<C+B=<DA4@2G=3B8===851=CD>9:=7??99;=:J<(==9JEIC:A?AB763I<9BDA7C.9B;=<?77>9AC5L?54=@2A>,LA6<@D49LD?E4G>C?=DA78>32GD@E9F@>BECGD5;A6=CFC627<@=>><+B<;BE?>B;FD>GCAE6:9BFAI>@:6C=G><;5C=<4B>6=<DCE7=;93?<?3D:<==AC5E639ED5?G02B<8>4B?8;;@6*<;9A=<J<5GHD@M;=88B:B:88F@8G>=97AD;A<9@@9@=<96F>6@5EF1@7?D8BA=9:>BEA;9:>;7<ABA<@=;?7;A?MD:3>BH99*<;><==C6K@J%46D;;9FD:=B1KCC@;?<2G;EG9/?BF8HBE<>CA6FG?EE96=8;>>=6/>>;CBE@?6;EB<?28EH6?:G826A>CF?B6CA5DL@=>=;=H5HII<@8K@715I376=A99F;4@?H;B?@@I1=8BD3?DB;?IH=F9F;GCCECG2=>;96<CAH6=C=DGEB5S97>?O5B7:?BE7<@<@IBG>GK9C7<D<7<03EAAM?(99;AHBG.BDFEIFDB=8;;:DH@?9<G;<>;DDF@<=B<:@C;I:JGL7>D5>=E;BBHGB?B=F:E7>KCAMDBC?:@L>7EDDKEHJKGHB<AJ?@@B9GG<CJ:5KN8B2<KH9GECFCEFI5?GG/>84CBF<=DAQ:;@;LJ=IKFA5IBF=0JGJ<;>AFD66D+?M:BC=J8@3<H;<N8D=<,AAA7@G;E565AI9EB<<5@@BACA<<@ED1E7EAGAA>BAEH,EI=CH@>BF>BA8H?H=@BEA=5;6;>1@@@PJAB@D:C=BEEH8D;?F?<HE@N?8<@>9ICDGF8<;8C7L=K:3@@>;JC8<@CF;0DBBD</B;3:E<D;I>C@BB<?>A<?>H;>@AI>A@:A>@@BEC>0JAC2CF?G>B@CCAC08ILKFD;=CGADG=I?;EF4:8JD58H59<EP?EB4=;@@F@>@AFA?7@HA7ABFJGM>NCGJDB91CFEKF9CE<EA<KG>?6@=I7BIAE>?FA@B;?EC??:@>;?:@A<D<EG?<9DEE;=86ADEDEKB23=6?EB:@AB?>KEMHDBI1@IAFB8?0?@D?ACA<A:<>C@H;DC<B@DKJGE7GAED:D>7FE>;J@9:CB;9==;CC?9FH;B?DAKADG6D?BFC:A:J?@IDA887G<?K6@1B6F:<;F@HA<E.;DEB=EJ?;E<==A/6<C>;DFA@BDN@8<?BB+A@=DB?IH*1A441=;M@ME.<8?DBBB8CB<C>B/:?BCB@A>8*AEB=9??<>B@.CH;>F?I6H@6BK?:@4C@CFECHGC?=;N>B?AE;ADBE96B@A@A=F>H@C?:K/?MEJF?/1:/E6G>7A=6)78>CR>B?=EHDD?@P<;=/,*;C813L=;;H5/C>/7=4:D@4;8AJOCG6?>@ECE?B:?>;?H5;AA@EG2D3I>0LE?;F,6LA@GCF?ALDHACG4AGFF4CBB<DA:JA:M<C9,9?FE>1>?<=:H@43=:2?B7D@=/74G=781:8C:@G:;7I6:B=@;H@8D@:LCF=27/5A0;D@B98.?6@8<B1;>7@?9E@44/A-3)G084?@=>A>9<DAJ<6?:;;B@JKE@FA;C9I1C7B6:8=6B>H8BA2@=2;:@<G/D8F:I>=<EDKBL@=F;ABCHHE&8:==C?9<>=;E?FFB=>?B;JCA9CF;C8CI7IB;59;GD?6=A@7@<B?@8H9?3@A/BC@EB@@?EAK<J?;A;9?9@<=B<?16DC?I>I=@@?>8:=C;KH;<A5=7C.@6KI9;J?A6C=F.::H<@24-=?7I@;J@>A;5A?9AB:9?5>>5L>E79A;<=F:<E/=6;?@9?378@DD45C>A=9D@>H6@;BAFECCH?ADBQ:78FA:DA=G>D:2JE:8?ABB6@;?0@@;DAD727:@+G3HCB<A8AA9=CGEB6?;89D8CB=B?EC8-JEEI=AEA6A17=4;59>=:L?4ECBDF<6?4<CHC>67ELIDDIF<D@G>>;FD;FHB<F@5A4.8<::?:H@?D:5:B<;BBF)8=;I0E87>;FCBB@>8BHCBF?<-<@;@C9>%E4AH4@BA:BF:@B>G1F:6AAB@:D><@C:>86A:@H;8@F7:L>7A>@;@9C;E8>BHC?B8<@J;AHACK;GM>I9?9A8I>MA:59=B=AC3>2?DHFAD78<<FEB?C?MAGJ3;A>A47AEK@=>LC9?@H9AOH@;A>@J;D>?>E8:D:@>DHA;B>A=K8EDG@A>H?DF74BFF94?K925JDAC5?==7@=:77I@*FAE1N?A:C:@C2D?3;E?E=<794G:BL8FGBA=ADDFE7C8A05><;H>A@@GM>G?A5=6@8;<:F'A!D=A@:4?>6@=?G29CDA6D2<3BFFD>=?E5;ACDF<D=F3?L:>4?EMB7B.094=+@1B>ECDEAD1BAE;?=BB>C0?A4GG8%<7=FE805>G;9EI=8?CE3E@C6DCAC6@BF90?D8<;;:B@C75<??CC>78>DE5C45>:6K86BF81<=;8M9@>?2@@:;*9DC2BCF@:EBD:D>=;>/K:A9>;@?MBC<<A@@C>8;:;AB>FFA2?<><J?;6E<HEG>>>D;+=K3@<>5F@B>A;56>DCIEG70@F@>H9G??A>3;A1?;9?G>2C9<>JDB8@ID77E:@@GB?EC<3=:/8HA4@9A97><:7B@HAH@GF>>7H8C>A9=A7AAE@CG<:C2?>=B;GB<<3;@CQ>9@=J@9K?5I9G>9BAG<=M=AGBG<D7?JJ9@::9BA8HH<@?BF@J<>B>CC<=8?:P?8'3OB<?7>6F@>CA;C4?C@6?0BBCI29:=-B@F;B>;@CFJCABD8@?O<4GF9@>9ABE?F-5;=9BA2NCBEMHBC?L>993B2BC:BC@<B>FBDE@C;IH:<)5:K:E124H7=?GALA@/!?4B>F:A.+@=8C5=:9?F<:2CE3H?>8.BF5?09FL)<8J;C<;LEF9;7DAE>7:H;@)?;7ED:FM;DIB:D>>C?C2<:CCCJA>=A35A=<=FBD>F71?=;.?C<<7><5AACF96<E<E=9A>@;@/9C>9>GF>L>>A;=6?I8=E<6C;6B;A@CF;>5;=F?@98I<B9E<@=<?48<>E8BD5;A36@@MBB>?>5:LA/@;JB7BE8><G5C6BF@E<B=B<B:3:>AB@:5B>?A77;DM/9:;87>B>BBIIAH4EBBD?7ELICB<=L?C?ELDD3,1A>7>GC4969><:96>A.FBEB>2G<9>'L?A<@@:?G@>I=;Q<*?5C<J4GB@A<<<:;G<C->=C=?@A>D6I?F>@:=6<E?KEE?::7K=EAGD/I2::F@@A9=E=D6=NJ@G55DE@E=HI;A6GF2M/F69@D7M@C-=AHGC8GRG>:>@<E:>F8C72=:@JE@HEC6BCA<9D/8I0?K?D;C8>=1>=<J96<;68@A8=?25=CB@.E>=<?F>>=A=:7AD>:>=?;EB?>@@@G@8E77A<7<(I9?>E?D?7@@B:L6F==;<6EBB@=B26AA;A9?<9FC2.E>D?8=C;:CDBE@2I>B;@3>@<?:C;;.?=A>97A;7F=DE;25H;<D626?=FC8?C:F>?<?E?@9@3<HED1JEGA=<DFADE@9;<AC3IBB@;E7>;H=>DEKE:@=H>@HB@?=BA5>I=?@;=<A<F8=8<A8?E?8?85@=@8=H@F=?CKD?BEG;O<?8=@B;;<;E1@CACH;EC>1F;=@:D9BGHCFGDF=>BHFE>AAMED9?C@C?<BGI:B4I0L>A@;N:IGG@9LD>8L=>@HE@9;AE?B:95IFFCBD89DA?FB2@@=A>5BC7D1E<A=C<EEB<FI>><</C;E4IF7CCL7'=B?D3ABHK=6::.@@DG875?3?@?2P:D697A?<6BA?BF:4N=;6F9AI;8;?H>==4=B-9)5E2CH)<?<99;@>-8M>998>3C5>@7C?D:?8F=4(8B=A=H66CK,:I;A::H;/BC;;D:;??1A?.>@GD:@>%:B*?5;<A5O=AH;>4BBA8=19?GB7IAE3?@BABCC9@6AE:<C2;=4@<95BCD);;?BE<A;=C?@;<CECH42??B;L?E<K;9?=CDJE?@C=B>:<@@>AB=DG@0?E>7:?>H8EB2;E=A<<*5>>C?20>>BC?9;?7<EH8265;>FH>I;AE3:HAD9;>6H2D@:7A==93CE@D@27>>F:C.=I@A7==ICCD<@:CH2<E@B1>1>@<E<8ED9@FAD?;;EF<==?2@B>8B?A9D;FG>B<?42<KB8H8E7ACCECFMB9>@FD;:7D?:B8BCE<?@?@:=3@8:C8@D6?E2<AD3????HB:FF?:;AC3I7C?JCJ1:BF0:=T4=><=>IC3C8=@?E<:<D6CC=>4<BF:8@@@C=;GAB;A4HCD??C464DDG?2J>AC>BG3>I8;C=9?2B@8:ADA?E44?O?>HCKNL8:D<6<4;;<C3CO=7F?D=@DCHBCB>1?/4BJMBEB8?@@BF>5@=D6ACGA=7?B<D=<<=5>H?GJ=;<FDCA:8GFEF?A4?=<6CH6;7E<E;;837:C3@;FBBH9FAC=9=?@L@ACED9D5@?EE<>>KFNFJ=G?5=C9B?>?JIA@>B6@@-4?C6DCFC@BDA<<=>=?F=:@8B>?-?1A=0-C8J<D@GBJB:9C4?=AD5;9G7<E>G><@<9@;D@5.6D;9B89?@;;KCA:;EBB26;H25&>5=4?C=?;76<EH>?5%ACGM=F;K;9@-AA72@3GA>@FBC;=@:BFCDA@D?G<9L<9E<FJLH8KA<6BB?85?2CF<H)G@I@C@D@>8B=>AH0-=@9DIF=:F/,>G?DA?>E??@9@AKF==4;D@::=L?<?O7D@4B?3;BJ>EA9CAB9=68GD94D>HGD2E6;JEDG5=<D8G<=DBCA/BD=E?=@AE>FD6=DB<?>961=<.B@JGAJF:,2C=/C:?>E=9DMD669E?@F?6B0=IDBB>M6DG@H@A9>:C<A9=8?1@?EC>?;D3IC::=9>CA7@99=DC98=?DJBFD9E9BK;>K;C=C7=A>7D98D:5@@@C/BC74:=:<A?D<8<+>C?AC<@;:?3EA?;<D-6NCBC4M?AB:=E=B><EC85G?IBE?LB5<EHM;:>.@=FDI?E9;59>7@97=E>;>A9ECMCA76>5A>AGAGDED5>;9HHEB:NI?5H?:;B2J>BKI7GAGB4><K@<@=GCF>EFDH?HFGAECA@GACGD6EE=DCC8=?<BGC:64HCAI@6A9??E3:@EA?4@C=<?:9J<?CK6P;DEB<IEDJFA@<?<BCI?D=M1B;>=E?<@E:G?>AH:AHH@HB==;;D<EECB9@=C1D9<9?HBC>D=3M@@<LF@70E:7E:D1&7898H?2CCH5A9D;@9BA;OO0HCG@?8B>HKA4DI>:L>?EGE@<=JM?3?6E=C?SB7.D6<E@<D=@95@:?=1><59?A2G;C<=9B:E>=9B64@FEC@<0C9B55F;?E:4618H:?@76AAA:BE<>D9<<5A<JC>>2?G=0JD<=H@<2EBC6L@5<<AA:H8:?=5H7<B:FEHD6DE?88@PAA?9CBB0HG.@8G89=EG:>9>@D<=:1?ACE=IB:5K-CAL=7>=?AM@:AE?:=H?9>?0N9EHB1F?=F>?:@JF86;?:@A39EEDF?IH;9>BB9EA;?F9:@B?<EL8@A8BF@CD6<A,:>:GECACC=@H<1<@H>E7A:??CB=>:C@5DE<A:6?>BJDK>:BA=@BE=<B@C;4A9-;BC6<5CE:E<A@9=4C;?MB6<D<;CE>CGB'H=@2AFFAGB>8AEC3?AB@4AD@D?AEBGCCH@A;A1=A?N@KD@/A=BC;D=LBD;C=?;4FK=BC?BBBLGE8P?:+C5?<B?=D5B@AGKD?=DB56$9D?@OB=8>B=EG<EHP4@7GH=<?C9;4?LB?F?BJ/:B1:7HDI6I=H9/><D><C:@DE8D:=H5==DF8DDD7BEE.G<<JBBE;<CB4>6AD?CBE>@5:SE=D2AC::<8G6?H65>E5DGB?42A;C:5BM@?;D4@49@=HCG8@ABNKJ1D=GE<?KJAC1/>?F8;F69?@=7A>4=IA0=FE;<@<?J>F8C=?E8BE?*8AD<D=:M;CF=FAF>0F?GBAECB@A<<>4H=6HA;CC9;H/D4I@>6;CF.9>D!?DFCH?8:FGJA<=?<3FA?@5@77=<>5;?C:C065@C>FAH>3;0/;@?B/:J<;J75K.BB?308@=7DD:@??BBBA@B;753B@E78<C.@:A@;:?6FC8(>9:?<9B?0GE=:@:;BB=BHAI;=@AA;EA=1->E>8;CJLCA7G7<D;99?JCA5:;0J@1AE@D=9>I:E<?C7=F@=5>CC6>@B:1H?:?@B88>8-<E8AB7D>A>05ED;@E3@AG8:<??F<H=:DAKD0=:G>:4E9,JH5>4>9F9;AA@>CK@F>@.<@>>>F?GG>?<HE:BG>:=OHB<?F=CEA<>A>E;95E<I?TFGG=A;D59E<@?B;H:D=ABN:5@?;39:AJFHA@F4E?DB48:B6?@6F>4@>=CD7J'G?GBA<@A?27B5;99&78G6;?/@<CBBA??772=8D<89-DEA=BDA9@=;>A5?,5<+AC==D@D3:/1:D><B:?:CF@?B:<2?9:6AA?4G;:9:8B==FCA6<?;51CD<=B4H@@=D>@+IBBA956B=648=>9;D>B?KADE==:=-H/CBBH;IN;<CEF==<AE;78CC>@C7AG==EA4?IC@FN1B7CB7FFCA?:N@;==JDCB/=4?D<8DD49FG@D@GL@4:=CDJG?:D6<B7GFGBE=;;:B9D7GK@=O;>1AE9C@K?IGI<3G<CCB2C:8AH<;884KHEJB96;<IEAD<;?=<=BI=IB9CH5<J<<FGBEH><@A7=<@BF=-G7I8HBC=CF<A>AH<BC6C=<7=A,7D<7CA>EIB;=GFDIJC>>88D:DB9@<>F?C/E+DG;OF<;F<7A962>A?@-FDL>H;;J-;D=7>*<<D;<JA6@1A63:>@F->7>5?@:>EJ7C>E?@FJ5:2BC;=LCAIA9@4/BA8=6G2>*;,HB<C@@4A=-H8G49<C9>DFGEG7<1C?:$DAC9<7@86:;A;=@=D;.==GB2IC9I;78;GI@7F;2?@?A<>CJ=DDD?B>G5>4D=CACF3.:G0B>DI9E?=GF<3H20II?>G:GG=2>?>:DAA3>:/+@A:C7AR@D<>-/F97C<C=9.?G;D:;JI=4@NCCAADEF9CB?;:<?7=D1>CDC;>@36@9;?9AG=>3D>>B:B;@A@?AB6B?5BID8C97B97:FA6>D269:?C>JH8G?BC1JDH8?>E@AB2EEE?@<F4G74;<GADBG@GKL>E=>=DA;GBHGC>HF<?@AE9=GC;=?>MB+F9=APA9<GFN109G:A;?9<5FCCC59>F?E?GB<D=:C>A=A;?FGC=AB:<::98CBC97EJGCI>CB=D8A>,6>*D)>E:?AFE;<>LF?3D@.9D5G<>?4;7F?GB96;7FADD?CE:?@7?DHF>@D=EGCF:2<C9G57I@?A9@JAB4G=0FMB?FJ8H?C?=A6?<EE@4FAB65AB+FA?I7=FD=<75@HA3;3=8<<?C??GE25J?F@?=DA@MEAB8:>:6?4DE;<?CC;B<CFICBACHE5FFAJ>HD8LC;*6019>C7D<:=>H?>6/<C9;<>A:=K5>6G<@=>JAA7D3@<<AE>FB9>3<:FA?BBMDB@IU>B?F3?B<;@B2<:=48=4=>4BG:H<CLF=BDB:M)=::2=IAA<:=1LG<H;K@DA?9G?A:1B:9JA8;=47J9C4=9E;@F?;B)B57=?87CC+CA>>AB7A99:?9=I1C>BC:4B@5@@?6BI7?:<C=:?F683>=?0>@?AI;;?>;C3M7M8?@;@@=>DP8A=?D>?3DB:B??8;97C+=DF<8CB7G8>A<6COAGEE=?;A?A;A7:G9@JA2>;K:?DABAGD;;BBACF><JBFF8A6G;=;F>HAK8GA?@C;=C6E?:D@7A@<@<=E83C=8;<=>=I-/6>;=E=J:B>DA=@8D1@M?@@@?MJ<A@F@DL6@B<AJC<B;FB?:<=<G>:D/A7?:A;A:9>;+F=2C86C7AC9?=C957DB<??75<F:3E6A:>BF=;9><@::=>GA=F??=)9A=>;;>C6?7H@?=?3><@A?;C7B<>></?+:H9;;70C;D@67;@B:>6?=/89C@3C5?H>D;;?IDCEE<77G69:=:A<>A:=:/KD2A39?:?:C=EA33<;C==7A3J1A9<H@C3C<@;9,9<?>EG:80G<486KI.DHA:<:7488:?E9@<9F;E;CB:E=A:;7K8<'C=?=5=$7DB8AA67D>A6GBPCD?81?A?AE<.<HH:@C:L7FDA@C=A><K94AE1DBE?EF;?8)3E=F??:?47?6GI<CHB53:2KIJ<HE<974=FE;G9+3JD<A??0BF9?6D;DE)3D@G48<0=G9HG7@@-;.3BAG+BAADB<:8=;C>3DG.9CB?CCB8D=5L=76E@AE0@8D>@>7ABB<DEA2E6B;:=B,B>K?28A6G>(7=D=:?G?9=8E:@?56=@B>:@F1D8?;>=H?@7I371BF=LD;BA15A=DBG@?D*?=56???;)??DB3>?:.=?7J:I;6:E;8962D@B=/<192@>9F:3<CA<@A4B3?G8:A3:,<<8;0>:?=A?A@C/4C?G?:5F:F<I@F8?8=<<J@=7:1;=>:B<:5A5-??9G6/'H?F1@AD<>?889<;:BH@>C2>EBD<C=?>;91@*B8B=HDF9BL7@8:GHD2AAC49=A@=>,?7?782B=9@B<9E<C<<6>5A?;49EDB2G=L<.E7AA:D?B!22E@C=7?3>>;.CG=EE@BF80;;>;HD<HGH?><H<@?6?<CCEA<9?B?><H:G87?ADCG:GF:A9D2A8?3E<A;><=0B@B=>K6@ELHCC@D:=<MFBC:=K<.@FC<.<8H0;/>?AK6@?>BABEDCK;;@CCDF<3A<5A97DB:=961AB@41IHL:?+;0BBDH=0EA?D=BDD>>3>FJ=F<=@27>F7CI<LE5A@>F//-BA5B5GF/20+E?M?>>2IF:<4:?E6KC;GEC2FB=F4>>G=J5<BG6A@0DE184M<HDH?C:2;=7;=JB>:AD<A>DF9@7;A:@7A8;1=?7HCI?9/<AECB;G@J?CF5=<FI7>8FI@/5@D7B@J>FH/?3GD'D?C@BCC@:A?@<GCC>D48?HB9K>M9:@>NCI<1BD>=D:7=53@<<99GD48TK<H9>7D>EG?>=:8DAH?IDA9>5BB@=<F5:@F;@95;H;>@:??0F>=76@B;;G>B;@>96G6@5??@0:A?A@:/;AFD,CA5/5B@D@B=04?C47@H>@<7;A?@:?J9ADI5B:EDAD@70;7A>:DI?D21G89=?348)>C8<G2ECC:>DML0AAE?.@<'DE7GA:A=>HF5@OD<36E6:8BBG=P0:N9;JCEBAI9D;MAAE6B;JD;=@:DG6E:9;=?KK@6DDAJ=3AD;A@7B>1@>L@J?665DD5G4<C>CA9A=7C<D5DG8?:BH<:7=B@KF<@DF5>AC?@?>LG?4=;F;E7>DHG@:9H<3??A@7@?A=65I?G@<=>CHECC/F?@GD;?L8K>>@:CA7DDG0G;;93J95:4>7B>C>?ABB:BBCE8=G;;=;9F.0BA35>@6;@9>@H?88?FC+D<FBD?<9D+B61NCA9>@D8D@LAE;=@C-<896GE.>:GE?7?DG);1JACC=AA8<.>=:F<:HBA:D2195:C7IE5>8=?<<EF>69@;D87;?;9F4>GAA:CEI0B7=BG7=L?E@=6453@I??0;9BG84;;87E9D8BA<F@?A>=<E=NG@;L;2=H<@MD+>FG?>G;E=>B@A:B<@=6<9>BE<4G:89=8)/+CF<@?6F=GPC@;@;?><:CF?6G?>CA;1E64>G:GD491BAB;4?:45ID?;AD932A8EFF)=<<O7A;>5<CF@803>E>@CD@3?@D?4B=EK>9:B:?H9Q6EJ=6C0F<=J?3=8?79F:=FH98>6E3D<G@1H8F729:L4/;A<?B=B=5F68HB7(@H:CH>::A?MBBL;E1AAF:D9>9<:7H179=F;4MD6<K@8DE2?:F4;:C<9EC8AL>2;?CDJA<BJ9BE:F5:A<8E3-ADE6;6@/?>@=?><9B6:9@9A0/26C@;E4C5<@497<@D-3G2>;I9=C>ECB=4>FEB<9C<=GA95@5I56>@?>759B>B@'H?8-;2:B3>07NF37@7<==;>4@8<A;1B66763<CA9<H<B?@>@=;=<O?B?I;;C>78:C>4EKB;8=<656F;=C=6OE>61G5A.<3<9B=?G,3>?CB?A9AA@EDC.B;<BB6@8A==CAAE;B9?;C:ADAC:AC@88DA&@B*8<23=6G?>9C-BGA<-?CHA@;EHG<FD?C<@90<615<>HA;JA<=BA??J?9?GD45EG@E>G8&5B,E>7A56:C=@C@C98I<>G<CCD@A<J?ABFHG7>AB9>BAC69=BA>EEH<9F>9BD>=D74>+=B>9E:B@FC6D6=H=B>4<97EGIF;8;BA(.7?6DB:>7LA7MGF;=F;FC;=7?CB?>9;;?EA7>54>:<=D>99B+B6FD#:9AD=DB=D=I<C>1/?@?HA8=CD97CJ@R=L74E@;==5:?G6=F-?@<4H7A=D:6P@@;JC:GFBA;<:;:D@6:E14B@0DHHHAC167EAO5I4:A;GB:<>=BA9>;A;>?L?78CB6CB@;I642K60==6E=GA;?3??G><9E=;<@?=@AAAEK>4<@>@B99?<E<@:9;B=<G=6DD=::6*>77C;C=?<7?8>D66?N8B<E92B;<6=<?3;?;E:<?7AF;;E6<05?:E<AAC>D;<GKB=6938EAA8BICA@FD30AC5-+E/;9E=D<;J9ADDE=>?>?379E@@;CGB?ACD>=>C1<2BW>E/I:H<9C4M<1=@JDD;3?FJEH:F<*.CE@F2:I?AJE=@D;@9@F;GE:0B6BF@1=@4>9DGDD703EBAJBH>8C5.;:A:<HFGDG?BH<;>J1EH<=H=8F89:D72>906F>69=J:9@9ICG=O=?7A8GC;5ACG8AK1G=IH<KDE?>AA;ECB?@@<2?B5=?KR8>9>;5AD=:E>4EF@?5>@>MC;3@F=5>?1>:DB?B=<JC7:KKC1CAAFI+;J45C5B.4H2H:>;J?AN@?C>=D5EE9@<9DF49=8E?AH=C7@B;D9>B86:B?F8GC>BB;EC:=<;C<7L4@DA7=?EA=?3N6B=B7DB>>1:/$@E<=<K6E?<>:C<FIG@5=6B?:BDB0A;?>>LHB5?9H@7C;6=O;9@=D;2B7<:><<>;/@@EF>B7C0>A68B9AAA@>@@FAE<:<89F9AJA7>32;>C5=7@EB;A98EB;:AHE?C<B7HA3JA9>>H?BC?B@@7<0=??7<CI9@F?F@;@<B14I@;8<7779@-5<C:@=KD7E?A<4B<AEB9A<@6@DAB<;DL/G718@?<A=L8@<56?C8HA8?=CB;IKB;:>23DJ;B8,A;AO04ABC<?A<G?BBIC=<E;6@DE4:IK7=@@26;=260HG7B9;?IG>139?9;AJAE>-E==;>4.?E24H?3EB1AC2:EB9>=89B*<C;>9IB4>B8B@79B>4>F97<>H=BC3389M4944<?G<K4B9EA=BD;5ED:;6<?:<5=@/E4<1A9=E>3C@F3=G;DA=:33=C4==CA::3>5C>7G:EC:@EG5@A?=;==68<I2@;5;@>;9CA>IDB2,?:CG4I:+5:7A5BM6C178BF2(CB66ADGL73CCAC<><.:3@4B2>HDFF;L;G6=:?AAF8CDCA@C>E?=F9=G==34BG><>=A)B<?=8B<J)?A?6?7D8E:H=7>@G>?<>EI:B>6FDABI74F=FE889:D3*F>K?@J<;8C@;?IFIE:>GB558B@?B8HED:;DL36>=E>>49E;7AB<A9D?C1>9=A>CDG?B8D?A=58>B<?<B@?5?C7BB@DGC@:<@2DI>B??BK46@9:A<2;,B98=1DDEIEABI8D;;HFCD=JC39@U@CAB>78<@CK><=@C8:CF.C;><3A3:BE:<=A@IADBL997>5@;;.?BEJ:FE:>D:9K?;<F298>F-DBA<C=CG@@;==@DE9-?H@<CC<:D>=7I?HD=24:CGFEFD72F5@?CH0>>6:II:=:G6:FE=>HGJ?D7>B@/1BD4C@I98:6C:@?G/188GDG7=H?>6;G;B/B7;A:EG<+C?>C=?>1@J@?D?I<K9=@AA3<DEF1E6D=RMCA:1J3B?E=<A7BA@5DD8C2@;@95<@BG6B<6=CID6FD9AF:21J?FB7J;;809?A<>B?D:CC6????=@0==669956.<J9DD7:2<6F96;9>96>B;D<@,===&@@>/4G7C4;-2@,BD=KB:;B>=?B6<-?>?FD@9C7:;48==?9?;=6?E6<?D94A/6;>;5.;F73@9E<<=H>?0:A=7<6C8<C7GD4?HE>D?DA7::5B?E;C8?2<;@ED=9I?@I?CFDFA+IG>;>?=G7HA;A?3@:A7;B?:A>4BC3K6B:=9@DJC<D@@B8C?C?K>:4GI@0;F>939@CA8<<D<F><7JBFD?4AAA/G9+?EDD?@;-BB@?8E7HK9=@4D:CKF=H:7G@9:=?FD5BF9=EFA?E/EF?B>A==<@D@=;FE9AG94BBGC97:<J?A948H=89<@K<I;<=4EBDB7DBG@E>?IC<D>=EBC1H?=69<,@>;-C82A<E:DC1H>6=@;>@7CG=<=1=A>=?E<AJ8=>D:<C?:=@=9<D>BDA5D<5ID>>95=B7>H::8D6?B@@C5?AE>>>=D-=CA*4>@@:@JA;7<??>AJA?@8'J?J/=5G99<7>D8=>=BDG4D7A><=5:B2<8>>C>C>E/BACB0A>>B9=9;;5G>BHA>8H9<=>DA3@66@AB4;:GCB>AD;8HF=3G:AAE8A@F>>A=3:=I;DCA>F@G2?A;=HFEDC;I:<=7348=G@4GF>DEGAH@DG;:>EG<J9ECF>8@33?MA4G:;6<JBA>?HE7<=I8<E?5;@C3')D>K<;*CF'E:68E9>?E;=9?8<H72I;>HH;F<6;AH0H0D;1I;=<34B6G1EC0?H;>3=/;>7:@.;@??>4>?J6;;@>@@H;G@>:79:AB+:F6?H=>G9;?7<GBA2B>9=9:*<5;>;?8A833I4EE76C1@A9=BIA<AGC>9<9C=5E:A/G6=G>>;D?I3/3?7D;=@AH63DAE=A83;F:9<>9/C;ADB/=H@DCF6;4G9=9OG?5>;<;F:<I?48A0@B>EA9>@8<<>F78;;;5@I4>N;8=:>:@G8;>8AE7F595B91=49<B8A><E1:?1B6>;A2@C8>@@@CA77@<BFDCBI=:??CCH><B::A95B6;>>?1>CP6;69,CC>@6BD7>?C;AG;:8;9;087:5G><8F:;@:?<EC>8I/F8<;KH>FFDDA<@A>C@B/<==0<:4BG0B7@DJ56IE<<C<9>=3:BDB-83>7;C&>A9H:=:45=CBA>B.BBAK9A>@B@>==K;AF;G?=AB;CB@CF8LB:AJ0BAE>JE:BIA?H9<H9?99@8;<:AJ??<;;8?@=GG@>9<==2=C4C9?HJ:.A<14>8AF>CE,@DE=IA43;BCGD?;BLA;<0??2+:C;CL:A=DF@E=C;A:A7EA<>2F@BDH8=<A4CE5?EJJBB:>DE?<;5@D?:E6>A;<P>CK>GC@E,AGA=J@D==:8BABL6<=FMB45ECI@>=>C@9@7?A4AE.C/69?60E;DADA4=8CC;8F??CBCE>B;H0@?C>@H?EGGHH2A?<?8688=@C=A?@==M;E8HD9-CDHC@::>:C-C:4GA8<G@>?9*A==P:H06FKA;B?B)1@55?B@>9C><?886=<91#3C:;D?.B@:;9D>8E@<?50C@5.98D@K:;43HBGN9;D0>B8<C9:8<>Q8<AB<:B;)E7IG9C8@2:JC1=:C>;@;A:79.M0<@7.B85@;0B???;EC@F:A8>BGGBB7:>=D?@>6=?=D@E7CBAA9>:8EG4<?C;A3B;<=D@6>AB=@@B>>/=3=H9?C9C5>;GB@F8A3@A;;F?7;89<E=?GG?7E@E98>>91;>@>B;0=#?@D)34<9A@4<9CB"D:EJ8ABD>2;JAF?G=H1<H:DA54BDB<=&C<H:IK51:A?766A?;E?=7>:BI?>9FD>-E:@C>3E@AB<BA=CF4>:H8ACA6DE9DCH2AE>8B9C@CCC@EE@EA90=C@J>ADP9>DD=?A=GCB6=E:>BC9=:L1A9=3EF:C;;NC@GDGB@7>9EDBCA<=HB<:?C@<98=DA?;>;ACEDHD=<<H.:HFF>>:9A4?;999;<=<H@8F;:::144;B?-H>::?=B7850@FF;2F?BG4;D<KI95<G>9B9=GDAD@C.5B:CA>F;@<:D<86HFHF3F?=F89A9A@=3BG@:DJ=8B:CFI=4G=<9/E<9::??DDAC=@:7:9:H@G@I=FB55@?4H<:G=I>7<65C7A;<BIG;<A:91CDG>L<B@CB8:?>@H;:G;/@:@B?:>D></H7:BC<;AD<?26C8?;@8GD5?ID<:4:L?89??>A<E>>6=L=>EBE885=937>'976)E@J?57C:,;:>@B3=A14DB@2>L<=8;1;?=EB>;5@8JE5E,><;L@0??;GK>G=(<;4@>7E4<<J;=F>;6@>H@D?@>84BJ?CC5?CE.;>-B<H@D0H=87?;1G>:?1B9GFA@@<,FA@E:2A=3AAJ:@8IDECB9=:)4BB=1B?DHK;>9A=.89>5B<;>@5?4.<8C9=B>AA2D8B2J;4LHB@;?8<GJ<G0B=@)F<3I@?3=>D@?AA9D+:=?7@7GF@5A561?;9B>6;>D338B9H7C)'H6E@;7H=6>M?@=6?5BA9B<@8:EGE.E=DD82C:J>A35B9=7=@=>B4@CB3<A>:B7@1I6C9>EDE:4@@@C=<<A@7CCC9AD?9<H87CAB=E<=<<>;B8>@@3DG;C2BIA?D<7A@:@=D@A<E2D4?IIA=J(AFFDD=<EJBA2DLI99@<65FA6>391:B<:D9BF<G73<H8@7;?A<B9?G@:B:;=<6CH>=A?EA;<7>JF?E<G>AA?>KB8;D?OI>21DGH96J&7A=A@82B@A;9GA>E>GF79;ACF=?>?A<98>>BDA9<=KAB2=OG=H8)D4@556?K0;7HH?74>G96,<H@EEAF=C'A?AL<@4B@D=<?A8ID:>GEA8:@H3LC<HFD@=E?=;D;C>ND;L;1?GB@6:<8J<CCGBLCB(HD@<BILBED7D>::D?CJ/C8AB2;FJ<@;:JDIB@BD==B:0=OIAD6ABAA?J;CBG@<A?@79C9;?E:>>@;D8C>:4E6I?;A:8D395K@DBC<@??<79ME>?BADBB7D.5G<DA7F<=?5CJ:/I<:7;>CJA4-9899D5C6>D9AB7D0?@@>1AQ8MDO?MAB??IA95F:>=H?8%>53>@>75?A5A6:F<=<BD1F@JAAL;63D>H7@A@&?==D@EA@?+B?;@@31EENAA?6?9L3:>=>A1<>KEC;5J-CG19:D;E>7O>8@:K6D/G9E@@J=B?BC@G6'H.?;>=B-9C>C9?><@E>A=@3EHQG0=:;KEBA:GD1CEA<><<>=@M9>D<F=BFACB9;>3II7<FG?=MCDCI1<6?D=?;9EHD8@3B;AMCG3BG3;A;FKF7C?>@I6BJ@4BE<2M>C<H;J;B??9<C;>C:;6@CF;CB;FGD=AGF7;@6GB>DAFCA<BE@GAF3H;8IM=GG8A@B;@?@C07DFF8?FH9<@<G9:=64E2FC>E8;AC?5C<BFABDD85=><F4><4C:0BI>@@=5ABC;BG;;;;?F<=I??B=95+G>@>:71<@6C?<@AB<=7C==<?=6>B6BH6:@<-CG?5:@B@FC9??=B@@D2?<7J@A@68C@.CAF?CI@EF;APKF:8?AEG?3LCC68D@3;BDD;=@AG?B0=8A>EDGA@?7@@CD>F>F==46;J:C?88E<E8IBF3@A15B>E>7BB=3G@DA?@@;BAB?@@?H=9C=F?7=D/79E@D<GEMC6:;@GE2/?24>@0<8=?C0C23K0AD@F66J@7@(:B;8C8C;C;EJFA@HE@@E?:5B58>?9D=>D38@:>G@D8D7969EFE8=:C5>098@?6B>:?;:9=L@<A9(4I=1F=@AE>0=;<2>FGLB;079;3F:HD4=?:F?<H@=@>3FF6676=C<C;<?7H6=C4-=D;A/B?;2B885<@;89;=DA2<8I<86C8@NL7;=B:::9I77A*<AC=D>A8<G?28<8;B9>=3H+FCA/:G5DC7<:82CB3<3<A<F-?@@239:?4?/8'C3=2G9;E5;BA;2->48@:/;?/@/<8<JA78DG+-E>F:=C<1?<=@E7F4@3=>14@94BB=@1A68:?B@;:?>9F!>;<L;CE@468B<>:2FD<@7D/@B61/B7;;?C?=,EH<@8<D;9ABB6AI5HJ<CB?:;@?@<7=89?/9HHCCDBDD:@L7;B@>@8/;:BAHGI=5B;;8F1=@H?F86C;E?D>@9ID)AB>;AC/?B84<B88;D36)3=D7>JB=/MKIB9/>GA9EIAD8@=J4>=<:A=I=CA>@BHH@5;7/<@;HE=A99;<<G;@EE9/DF=<;E9AG<DA>7A<DAE87@?EKK7BAC9-J0B<?>;CADA<?:HH<4EE=>@<;G>>IC>:?@:<KA=M@>;>>@9>H85CERHAA9=B18=1JAPF1B3F@<:@@?<B@?9FBDB?<I=;GE3A@95@CB;>D?ACG2;A/=4H<DE=;>8B:=G<G5C<?HD7@J*@:3C=5DFFG3<E?;FA>>DG7GA<J8B@;7B>@ALC9@9E>>?<;;;@D><=>CBK73?DC@?=/@FD@C9@32G@;>EC43E=M<G?HA8FC->:D?>AF.C@A=C;DKCC?93AD>E;4FE;8AGE?DF7@;@@FDD===8CD88=KC?9C>G<>EC=2<=?C8G9=@H7E?CB7>B???@4<<9?4@B@;D00>C> =;D;E8@FJ<A=6M7>A<>>FF=@<;9?<@,ED=I1AF?5+:C9@=8*AI03=<96?=CB>6F<FDF;5I7@CD*DGEE1@DADGA@DC;@M@G,1J@H@A4@<;;1;2A::G32:<==>HF>/976ABF<@D?1?2LA+AF;?9><FGD@A8C@F=@A=A>OK9.=@<6FBBF9<@A:9@8=@ALC;C>;G>96E?H7:FB@ACD=CBA::AF/G;?@?AKB=23D>?D;CGD@9I@>DL42<7:?8?<AABJ=?;N<=5B=BG=9?L%4@CGJ7:O;<A8;;9:H1P59?C5>;=F:KA=<5;>>?>=D:=36=@?>@ADDH6??@AAFC@68CA1Q1@G3>B9=:3D=A9>CC6I@5>5=4?4;DBGCB;<;L.G3DO;C;47FB6>0A=8A<7F=02;?E35@9B>:<F7>39B4H6>4F97CB;4;F85/E&=63+4A?8>C@85A=8;@<C>=CB8=H;?G>G0->H=C;8>F6@A@D9B4>;E6@@FB8?F=A?>?2BG<6=B@9>@EA=CC6:;BB5:8E:;7D/>DB17C:ADB;>D?:2D,047;5E<@@J/=9G=:98@5GFH70:DC9J56<?7?H1C;>9@1=4BA?>:<;/:JDE/C;AA:@0?.?9CG<EE@>=5:<C<B=<5@D=AC@G=D<:>4AGKF=@1I5<HG=49;B8CI:7G9ANJ9326:C=@70>>9?5KC=?JGFF?59I78=E;B3@BB2E[@6=G7K8=/9A>::;9?C?<<94@67?5=@9J/;;8DF<<:H?EA@0<=C=:B?>::C8B9.?=0:>AG6;6<><;8=F(GE=A<2?GA8HHK>?2:72AHE78A*:F;>71A@5E3@D9;@:==>A6F,B<<:=:D=;H;<4F5)9=8:E=?4>:@DG2<:@?<=8>+:6;>AB@IAC=;;&3>:2E0DG;BAGB?9BF<+M75DJ1DE:?AI@C=F>J6=HB8<EG>7CBGC=D?5=8@@9:>IC@7B38:9AJ@86BBE8/D;5@CC?:F?:93A>?GC9=HD4>1>K=GCB>25?A5C??3C;6>BH<86EB=JC?;?B;=5CG5=DB?<DA<=77:;G=4@@E0><B<>9<@1??<6L7E<3BCB4C8A=AB@2H.C?;FJE8>6-B;7G@57-B>:==<?BA91>BE:@;50-=>:5B=ADD%>8<EEC:CA8D:J@J;1?=>8KE7GFE3B*8IFBBGA92D:HFH>DQE@A39?@A=B5?A?8K?AD=4=D;JHHB>8>:7A@@6C84C:9A>C@DCFG>I>@FN@D??B?2<D;DDQ>N6>@CHB7B;?==9?E=?<<?F=?HI:;FI:6>E7<M<>?@=:>GB2A=5-2C;<AJC;EB@6<<5@E?5*2<8D=HCA<AF:?=@C?7=F>P>2A?E<6=8<<C1I=EDJ;E@1KE>9C66=;7B4AD6;K6?>@J/@6?FE78>?B<E/39A<C;?;:K=A8B0@B?76E9==D9I?2AC9@<*@1DF2A>=5E<6?@E0;>D<E41DD46AC3;5A>?F>)8@-CCBGDCAC5C>:AAB?<4@C/>?5>;=AFBBA>AG76<CE=?;=8?A>?=6B/?LB;A<3=C9@A@C?CB@8=G6=EF2><HA=54=?>HFIDE?-CJ?E:?C7242<<<><;=;E=9<1EBA<;GB<C@G???>GB@F9=D578J<D6<F:<CEBAD9D4A3>DIO6@EMD@F@>D9@23DHE:EE;@=G9C;7K,LDF2N2<F>95>6AE9=526IC==E2><B<?GI@@<8<=D4EB9+?@@@A/CG=;I'@<@1987A>?94@FDG?<7DGD??8BC-EG;AA<3>;AE@:B@@F9<:D>>8<>8:6<E9AGEE691K@;6;=E+E=>BA;<--H1:EF:G?AEFCC=7:A;=BB16B?C=>;IB@DGD@:H9D:B8AH:J7>@A;;@B:F6@:;?0C@E>BHH<;=C:9@60FF;?BA>AK@J:AD@C;69=BBA:@%C=D@F8>;C>>>E=BDF@G>C?=.?D973@CDDI7BG>=>?2G.?BGC:B2B@;<D3;ED@?5DFCH=>=G.F8;?:.768;?@A3C7;<9;;=9F.<GE<?:?;;;78B<8<BAI><:;;@1@E0?J6?5A:=>@=5HHBEBC>?=<;5CK3FC;>:?J.<31@BB;8D:=:A36HB>8B?86=;<2>=DE=3BM?<D7?G9=GB,=?DFFB3?3A8=A:C6;=24@>G@BB:9B=B5;@BE4B@AF<6F7AA-8<!8M;>?A=HB5FJEE>AF>3EI48:B=@6<GC;ALHKDNI<B:IHAC87:B>=:7CA9GJ@?6O9E=>>9;@>>@=>D<B:;6:E=E=@8:C?>A'F?:75DL?8-9B>C4B8G<>A<F9>:08@>B5EA0=@=G86E8;5@4DI;??CL7<<FE<<17AM>2C6?C>:@==<I@<D:B?;>9,@K>@?D@>A>@C"89580LEQ@BE66.9I<9<CEE<@(K27:DDB?7=JD;=:?@9?1D6>;FEF=5?=F<>=8A:<?BLE><?7B;<=@:2>1EHDD;BA5G>C5;BE38F2I:B=CB=?F4;GA6;=9?AE?8E>A9?H;@DC:<=F9HA5JE;0C@?@::DK575H=9C@>=D@;CF?8F=>?/AEEDEG92AD>G><G86;DDAI<>=8A<CAGBAI58@7<<EBL=79@;2;@?0H<=D=IGAHCBA8?=9:>EA8><8D8??IA83G?IG25<;C3:0:@4DD>/HE9??88>@CF@5@D9>G>?ABEGBK;BCG@HICAAL<:6D=G=>D;588E6D9EG=9=EGA2=A7:ADE?;:B>?A;691>@;JEAA?H1D>0H?D/:E;D9D>A@56G<A7<=D>6BB79>9G=8;<F<BD9E6B>99FC58CCFF=FC+>??A88E2CNK=B=L;C3=9?1A:>DIA>;>3:5F@==IG=:?BB1:<BF;==A0C:@B=/G:A<24BKBJCI?=B48@LF?E>?CKPB/8D@6EAJC37BC2=?>08>C03H<@B);?DBACAC8<>@=@O>L66?G?23=E>3I>4=,D@>8F8>@;JC7>>EG;F8:A>(LEAF;A9HG;GH:4><8+D4DEG0AA:7GB;A9858==<;65BBE@;;D?<E<;5DG;G8IBA:C<9;FK;=8FA:@2CACD1:7D7;D=A9?>>?5/>?>A?45@:;@G=@FFDBCK97ACLEPD8>/<KG5E-;<ECB-<7FCA9>4?34<C=:<8A=G<<:27EGB>6;H7=AG2G=ENFOA+?:<>A=:ABH>G@><=CH?CHC8@%ACB+D@B>774?BCE!7E;C<@A:B5J6B?N:A?26:>;B*K<?1C;?>8<>><AE<46J5D1H;FIA8B,DPKE>:=?D<:AA<C.E;=HB9CCFEO7>CD7DG:8BB==GI>0?;Q<>DB@6DJIA@C<CCG?(=>BBEQDE=F=DCAD?B;G>9DE91@964<D?=A6:64B:9;A.<O<6D;CF?1<>(B:6ECBE6F?IC@=G:@?;D@@9E;DFAA8B?@?=B9;EH:AD?<?C>;A<AG@::?>7/AL9CG?9?=:B@C:D2=@C39:?I9=5><=8@<C/@@A<A5*:E-A>G5@B?G94AC5EAB7I;;;A?4AE<A3@<@7@C?@?B4EEB@A@D:H;@H:/:@=180?JKCNGBH:;9<>9=<?BAAECFJA3=>7D<EA26>@>:@ADCH>E@FK.>C;D<:SC)@FBH;<=EE>7D5I;<<864B@3E<HGD;?>=?/>?8?<4A<D>@/BA?>B>.,=F::<@:4B?@>C@=48@5E?FH=I.BD;7E?7@>@3@?L?@GB;?8F88@E;@B<B1>:HCBE@E:E=CEGL5K<.<D79;>7:8B;:8E6?2B?=;=I8BG?B?@B;;3G?49E8820ADE1?D=B4@I<BE;DA>4=@4:D:E97AC>A17@5@4G?KA=;G598:=<7=990>D:B?H=G6>@@9E5FBD@=F;;>7BCH>?=?GF<;:H=?A<@M;9?9A::=<C9@A=;@C>@4<C,MI:D9>?C8E?:CB=;@H?;G?=L;6B;>>>DE=;A=CC7@:B;;F;DABB7>?;3<FB9E4E>6;E>6I@=GCAB2C>DED?;>R909D86A4DAF;B=B:;@9B>HH:D:E9F;8?9==8>B3?@D?;?8?9<=KBC=?/?65<7?=?@?8G?=?C@AD;95@8D9=H1AAI4:;AAB9EBBAA7E@/=@@E>;BC?DFBA=>F=7@>B=??>A@:D5I=25,<;C:?F>>>=A:GK2B:>A@4B3NAE?@9+@?%8FA=A?*9=A>HD5DD:B=A?A<+B>MB0;D=B:9B1'=::C5=7AICE4:KC@4@;9>:64>7;:8E@@GD>B<C:?;F@5DH?44>FHF*==9<GC@/=:F8=F.@5=<A<#/G@7B7C??EE;<4C4FE=A49D;BA5>C:BDK@;GL6;D;E?;8D732B@@B@E36DPRABEB9=@G;BC9C?=@?EB<@:DEL8D:@9KD7/2D)/CBB:@>DC;/GC@:B@AF:+4=AANA6?A4D:B?@A/;0@919?@<43B9CA?4=?C0D=8=AM=8L<D;IPG7@B6@A9>CKA=I7<1C=DJ3;F?@HE?E9EA;=6CE)>E>9<40J87C.5B;-C;<H=C>A<4C71<BBFH0AA@GMC7F)J@>;GA>:;CA:=17A;27@>?B;=F8C9=@63A.6A4C3@D89DCF3E=459?9@77E:@.:FB?:8G92J>C>D;>AD;C?@>DG/JA@C?:7EG7K1>B:;<?<7C<?F7B3M8E>CE:7C<<EF;6989=@(9D@>8B;F=?98DD<@B=?I4:<=AA>G:@G5BDJF@2DIB7CFCCCH,@OHF;;LH9?IF@H;=77E@GLF8G@>;@H2HH<EE:BA?<<@G<B88D=.D>AA:B59A>B*C@;7A6:I9IMC@:H<7C?=E/B@:CF?7K>4?0E7G5<>5:=+?A81AE8;B4A2>?CB=>89<HI69BA@>LC=@C<BA/=76AC.F;D8?45+HF94>@A?>=@=8@:?DCCM@6AE8ACQB;=:>BL58J@@E@=?@>F=@EB8B3<B:1F??;FKF?>?;7E.3<8<689;<9=:B@D@;AEA=:?=:6E?B5E<=C=@@AG>;DDBDFFM>7=:><@D@KB<JC/14;7P:8<?EG<;DF@BCEL:A=;B5C=BK29@<;<A<9BB?@BM32;4G;2=E?0IE<F*<604FC@HH=HE>,;9>>@9B@A8NC9<(;E9D6BA-4F:?;=9>BEE;2DC95GEFCD<3:?C:AB945CBBF@<A9B=?=B;?=;?D@6HE26@F;;B6>?7C@?>?<=EAB9@@B?@=H?8F7J=BB@BE:9B6I@FBG9<<?;J=HFADG:>I<J:<A<B96HD>@C:5:;D5GEHDE70NBJIB@>;O6DBKF7=F@;7@BDAIQ=@AC=:9=HA<F5=E9@7ED9GBH<:E?C/;9B:D>E=?A;:CBF>F;9EB*F@9*8?C=98C@AEG<H?9E1FBA?4@:@18CBCG>6B04D>9A<H>B?9<H>CBF<>@:E95DBAH<L@18/8/BJJ-AC>2:<@>:G?4=-?=>5?@5;D5AB@5:??>GA9?E;>??2;KGA=CG8;@?H/9B>;DF<A@D5;AG96;<B:;>BB61;;G90>8H>FAAG>CAJAD=>>=7?I;ED8@5?6A@@=7><D<>5F:?B:;H39C;BE<D@5M:=E?=9LC@@B>:'AC@68GB>@=:6=F:5<>@3H=297<<>CA>>6D=67E,8=9EB5;@?8@:*FCCE7B=A>H3=C8497:6E98@8<E;9IACH37?E;5A=C>1:EE=3@5CB@D@60>GAB>7E@IGH@H5Q8A38>@F@A:;G4A<HEE177?6A;76:HCEC8>H@CG?<B@;L5@AEA<@G<3X5E@B9?:AA;6AP=J=AB;A;8<B?AMC>?@K8@;E886BG29B7C=?>A66=?/8@E6B=>S;A>0@A<8B5:6>2?KF5C9B:C<:;<A>A?CF9/E=?;<?GEJG@;F<>A@F1A?BEJK:704<?GMEC@GCEG9KK@?F;@2B>7A1CF7B:JG9C=CADJG.:MBC9=@:7;>>GG;>GCAD=9L7G-AD?.BAEA@;:6B6AC@F6>;>0BD6>FC;F;D<C?;@:KF@7=4RJ??8;G+::HE=3=HBAE7AB@GE-CFBCD;BG@:FF3F=<0=1B:>FMMDA7.A7<>A=H7DD<C@FEHDDJAB>=H<JB8MC74D:DF:J><?CB:AE8F>@?6=:2D619C=A=:GFD@I@7=G<<A99C>5F?9?CAA;C)D48===A=@0C@>:694C><FC5@B:9ED9A/16@ABB9./CBEA=-2>+0EC812@6?AI5.@<@?BJF8'AEE7CA?DE?<?A=AFD=;A;B<=:>1:LDJ<AKB=9=AF<4GE=A@MAAA4:@F057@H4;;<AFH699EC@GDE98;@73AC>I;>D:92:>B<A=<8B?;;C9BBIGI*9?4>:8A>?99=6;EA0?9>1E9+(@BJE7::2CB58;=7DC@IGC9DD:9<IJDE:FAA@=9><C7C96;D;NCD>G8.AFFA1?8D55F;L>FAC9>,?@BA>=BH=1FBE$E:<?=?4;C>F37<EHCJ9B98BDA<3A@<,BHA<<40J@;E@@A3';E98%AC/C<=>5D@FH<E9=B<E5B<7GC-;>97:/<C17@A9A;@?@A>@3;6=9>?@CB<:<D9AD(HB6<?;::1.5>>C?B>;B>G3AB;?5J@C?:88B67C>E:.7>:;C@FD?<I4?G@=</@MEED99FD9E6;=>?>C9;4=7?8=B<B+GC?0=*7?>:8:ED<=9G1E0AAHSH4><<@7;<>57:/>;;?B12+>93A>6B7=907:8E?IC>/@:7;=?849G=A>H>A8IC>=7@@3;BD7?DCCAG7I>D@,>?9&=BIBIH7CK?/=1AK>:9G49<0C9>>?A:E@A5CC:<GJ?8=<??7E8CG1E8@9E@>><?C<@E6:7@?G533B-B<GD9=A;G>4=:A0@/4@;C=>3AH<AFD<K=;@E<C3@?E8D3C<-7<;?/FIA;3<E=F8;==56B<21EB=:AD664B8A=7?5CAB749;;E:??8@<CI0:@C=E@?:1(;8B?66-65:?D<?;<H=8B:C;55D<4B?9;?I==B8JCH:=IC@?93D>D<;08<GAD@?7=DD7<@A?<97-1D7=BEA6ABA3=:9(EA3?G77AA<F:76B@=2=88D><?EI*<A0A@A:A;5L6@B9A8HA;84D=?ADC8.?C?9G4592998@>>B>C5IIA+=C>>>G;9C?>=<JD6A,L2<H>:DBE:?9BA?8BK7:FAG@EAEDBDB=?@B7G<DF<D7:D0<@;2CI4:P?CC<=I;>=C;EFM?@E@;E<;=;17;4F>7;74EE7=0AE-?5BI9@9A?>?>:L;DAE@?5:=AHB1ID43<G8DA5=A>;=8M:6AF=@7DKM58ICCKNGDI0BF>>C1ABDAA7<B@CD;E5C;B8E>EB>K9+@66EDBA7<??>=88?:6R7A4?0="==@2J;D@B>F>2E9>@9@/L;A>GD<AKCA:C9A;?AAD:B<D@;<;DK<4:I7;AIG==@AF:E:94A7BAC:EBEB9=F>EBBE:<:C=ECE===BE<BA4;@:?FMD>AJAGDC>DBBE@F<=@<8@95<9H8<AI7@>:8L9,D0<<=A@99E6>C6?@HB>KDHA1=C<F8-.IEA=>8J>?=H>A>JI=C3HC9E<?BA<2=5LEH?HK7CJ<FD;F>D<E>:/N?9=-JK<@B@GC@;<:>D=DBA<C@6CO/=@=2F<>E;=B<0A;@=CGJH?59>A1=;3DCIABA<4<?B5>5ABHJBA?<<6?H;<5>8GBFH?7D>G>E@:C@KH6AA@K;9A97C@E>@?=@?5FD==JM7C;7HE8BD=G*?AE?BFE@5A0E7=AAC7>A4BF5@A>6:IG;:FI6F57C1.=E:=293A5=ANHDC7=@K=;BG=<>,?>?BB=;A<F5F9BP?9>/;C<>H<)C4EA<@I:3KAHK=,KD5C>C:F>>>@B@?BHCCIDGN>C:<B/:AA:*9IFKGDAAG;=7@2B4DGB9AG.@<9C<?C;AFF=8?L3FE?F<;C7>;=7:=FGG1BC@@3A8D9=;4D7D9C;0=A1CEE<>>;MAH:EB8B>G=9H=-G0;:C=65???8@DAA98?@H@5D<;ACH;AGFI=?BIFBA8D=AIA:>DC4G=BF>FMGA@4@8F<=-C=A<4ED1;?;?>>3<;@=;DB,1=.IF>BDE6>EF@=;LEE9@=:=9C6@BC??M5;G@:C4AB8GAC@@<D=<><=@@;A@<C6:EDE>C57EBL416<C1<;KC71>I?.@?@?.+A;KB?78F31=:53;7E(2<=27*>2HC>8;D=7@;@C6E?IF;A2A-18I1<C@B:A5>E<5DC*;D@@>>BA@3BD4@>3H:@5-41E>;DI?:@7?D<@?B=DGDH<?DFB;@<<?5D6BA8?<:A>7?F:>8@?;H:1;>2*F==<?69E6FD?AKABB:?G;J7GDBE9@73B8:B:D3I8:,8??I8C=`9<?E?AB3DB:6D<BI62?FA98E5=A>8<;;>=:;C>95?6F<??C9;.8?B42?6>>>7A>9D7E8:8-?2:E=4HFDBH<87=?C?OC4?D?9?62B6<1A3>90;=M;<@C=AF=8@=5E9><4DCD;FB<=<99;,<E0:;3@F?9?8EC?65J:KB=:6<99=A6:0;6>4>>@>5F-A>E5>C?978;0?@>ACDD>:5>7==<D.AF9@;EH:0@?E?=BE>,@D>7D5:9;@>?DECB:@A;J4A;,M+:A;@:B+?:=153MC@9?>@<HD26;:BB=EB5:4;C8FB@@?1A?:IH91D9>F=.@D?BG:A??->??@<:=?=:D@IE@B9BDDA@475@8?=B>D?@D=8@7B>FA?B46D5ID;<@A;>@AD6;F@>;BA:<@;HBH4972HE:DFFC;D;:A>DB8<B@=CB9?BGGEDEDG@E:?<:AK3:AO@7=C8G85G>5F;C:KDFF<D4=BE;5D=@::<4:8=:>C=J=>4HA;C<3FE:BC2B?5C7?879AC@?FIH??@4DA:BD<A>?6?@/<GH;0F<A>>HAA0A@I>FDB;CHEACH?09>CA@<?9HYD;><=CBB@C2@F:B;F?>6@@>E?5?=?8L<@@B>?<==B;D@CCBD1<<A8ELBF@A@:=HFBEI;@G;>BDB?A9B<AD;;=9QB@;=5C<DH6F=7A@;=J??;I=2>D<>;BIF?EBAM;@?CKO:;=5?8BD??E?C7>7NO=A5F<:CADJC==A=C?@CHB1;;DEGC9EDD=77FBQFAI>B<@ACGC=:F?:CC;PCGK=?CA@@M9@IF:B>DCBQ;?A=ADCG=5=I8BDBH9B6=E62G?F9BE=057F<=H?BB8D;@O>E@<LE;DE8EG?>6E=8B;54@AF?4C=?/9B;BCI/B>.;@LH8B>78:@@)E?BG8/>>?IC:ACHFEC8:@C?<;/@C0HBD786GCA1EC?MF:FJAD;E8@E98@A@1@:@.;?=@E;B;BC:4AEE?4<;9@>-47D2JB@=8AD9D:=67:A7K@0>FD<;A@?=?>2@D@>F7<L88>@9@=8I<9L7BB;4?H:==8>8:=*DIGEA:D:9?28-B>B2@3>9G;?:?D@G?K8<@4F<EE=I@FH>A9DCAL-D?7EBB>DFE2587<FADQ?8F5CC:B9K*J6I@G:=>17E4A:1F=:C0GBG>2?9<A>@3;@C90A:6E<J?>B?=558ECGF9;5<EG=A5A@@9EB48:B0/?5=DE8G;E=G@>@BFECO55ECHA6;?9AHB559EAE:;8E<D89@F8<EP><?E3?=7FBB>BEACF>96?BE==243@E<0B5C?@F<B7?G9B>E7@<:L?>F:=?=@<D<CEE.G@;:CB6BC1=HJ:9CCECE:E<HE8B7@CE9BA;E?8;8;<?4?4CE6L<>>:I==?;=AADGH??DI?A156GII948:A=HA6>H=;@;G@=C?BAA;>;=C@<2<C;88?@GA=B=AF9D@:<:?C:>6;@6AHCH7D/7IL5@?;<E3?;ADD=>DDB8BF7C9<;FG;?C=4F2A6H?G=CB-DAIAA?BG8N?1C:;:4CC3:BI<=9<85<=3@H>FC;6@3N@:8=<<5@D8I-9E4B9C9/=@931I::?DF=9>.D0:?<EB?KED?2H6>5B7:E=?6B<B@C=93@K6/?BCD(K7>EAG@:;G:?6=7?H9<BFBC8PB46>?<A7@<C:B/:B??:>K>0E<CG@D:=;@B:6A>9@B<;2;=5G63@@<G496>B>@9A?E@;@6;B<=F487=G9=A>B>H>?59E4F=/=K9B7?=F34<A<B@<@;HD>@;6GL99BA=AC@4A3?EBAECC?BJ8:<:8@7?7EE.G;7,4J=>;B=@5BE;CB9<KD;<AE@;<=KA:B1G>E?8<I;>D=C65=<BC9=>==CAD5:@DG9?EG=KH>BH7974FBD=;DF==AC?AC<-B>0:3:85BE;BE0A?B4<:>>=6I=BB>4B8AF>F+E@9HBE@44BE=CC=MH?=C6CI?E9IAD<ED@A>;?J=1=E@AECBCCFK2?B9H>2:=@F62>B;B6F>D:@5G2B/9?9D0EG=CD3E?BHB2<<?749C<=I6@C=>7A9;D>NFF9>>@D@=8D:?A:@D;C;>E5?B>IAB@=@G;<A:E<6?F8>>GCA>7H<EB<N@">8>?@F<6F<>>7;ALGI?BL@BBK>GGF??9O?@LE<?AIE>;I@A@IBEKKA6.F<@:8GC-C?@;:<>?MCAE94:7BE?E?=A=8B=1F?;:D?OM<HF@?AB>EB>ACL<CF@7>J=FI?A7IB9B1</H1A9>:>=HA47A@2D=DCE99FGB>7CE1>7<0G??BDEABG=??=J>BG4B86CF?6BKFEBF9@<2@EC=C;YOB63CC@8I.7R6@??G6CFFD<A<8EHG98?49GA6??>7;I?/A/9>,@6D5I>JCB7CE@9;A=BBB4A@HB?A(CECC1GFD<CG<K.F@:AB'A/ABB.->D<6>8>F97.<>7H>>?BAL;<?=?5<=97;;B>;0GHD@6C;K9AD@B>8@75B9KH;3==8J2F>@?3:=84==C>>><CA>8<<@7G-<FI@?=AGB@=NA<A<;A94;AFO<>9=?A:?627J=78B2?/?4:>GAB;>;9<5DC@H>@E2DF936?8?AFB<F5@<15?;B@K=D>?CA??6A):>D9B75A?M><E?@*EGE5;:4MC>?9M>I:46=@H,9I,8ED5;;2?AB@?CE154)<HMEA098+F<5EB:BC<@9;CA:<<:>>HHC?I<<><D;0<@A4B:HB5?6=E2H78DGF<0:?H>GF@>?C@@0?AF@E<A5;F7A;505288?ECG>C2<<689:@=F=ALIJ=8@D3H9>D?C,,HC6A3=5CD:L3I>B5:;@M9@@;7=CC+AD29F>;/>E0?;?6QG;;1E;90A?@::FE:#A=@D>AA2<+?7;AD6G:D+FJ>=BB@C@@@@B.?281@>78AJDA5:9?8H5+D@?4>?@<B<J2=7B>?59C<290E><:C>AB?3B;A5JBEEIB9BCDG9E;LB<M<BA<A?4A4;C=DJD;IN7AA@8;AF?9;?C@A<@H>8>=:4EA3IB@F;4H71=HB>47D<G:E?6*?>I?J>;A<>@GA;K?@ACC??:@DHI57EC@>@4>A;>8:>::AB<1@9EC;H<>0BD6<?BE?A@IBEIDH72>4C3=<9D?=CC1G54GA8;B<KB6AC@?6HD:2FD:D9;3CG@6HA9<C:?@A@?>GBCD9=7C=G8<7@C=A9-=F3?BC?<<@?CE9H75>:??9E6DDF8B@GF8DD81BGDAAD==A5CC<=CC7F3>9:<@>;@>D>5:C@;G1?N?1:F>G6>::9;A>8<8FA+:E?F(<D1FC<=@KA?AF9C.AEFC8>?B9B5672@@C;D:=J1F8<@EC84A0>HG:8>>A6?3=@<>EK@@CBD@7CIA2;8.7C3??7;@?FIDB=>GB<7BH6DB@CG@:59C61@CCA5@FD<2K?<5KE?AFF;>=;?I@)@@FE:/DHBFD?F395BBF7FA59=7HB>H5@BEB2FB?@AIB;?5B/E?@G;?DDCHC?ID99E>ED>0L@:FCHIBED@-DB4;A7G@?FD8=C<=C;4CAD@C>J>;0BEC:AGA?C6>:6E@>IH9GC9EK<7E9@L9?E>>F,<FFA72CBIC@D@4:F@:2@>>CH>6D3N>M<84<GIBEG:;HAH2EG;84B@C>1D7J;7CA=<DB?8HL@@:9FG;B<IK=AECEJEJ8D=;<2A?EBDB:=<3ED=J<C?>QD@M>D?>8DA9>K>4;=H<;BCGJ::4A<8<7;FEK)24B<1I+2E>B@7>GCCB>?=;?>=<=L=.==@B@EC-?678=?>8@F:?D4;70?719=A?BE:A?FA@CD@D>L.C6B?@@HD?9B9=C7C0L?08K?>9@E@=:;GB@;<?EFA9DA@<9=:;@>9B<?=H6B??A?9CBEG709ACC6=6-?>;:<G34D;==<APG?<5B6?F?8;:>FB;C:;6E-;DAB574@:7A4@I.?83GIC>@F.=59@+>?ABDHBE25CAABKFE?B/>A-@JNI7?AF:C8=;<;3;E7BB8:>56;??1EF6=C/4:?.>=99?ACEF?AE>BJC;C?F.CK=/B9?C>=<D>B8AJ:<FC@9JACBG4C@77:J=>D<>=A1C1C26A0<@D0BEA3ACOCD@:A>;I:BD-I>DCF>D?LME=>:AE>7,5<B?EDABC?>G9=8:-6?B>1=8=;D:C@4I9AI4?=H<B=CBH9;=BJ>F:>E8F:=;?;:EAE<=<C<:<CGA>HAG<B@G<GA:;CFB7?B:B1C>@BDA80@C<D<<>0A8G;;?<?=4J@AA=+?@=:A5.@1@9?:;AF@A7B:?9;;@DA7<B:K@9>@5B57D<8>7<>19?=B=/7-AFBB=E8AGHA9@A0C;?5<4:@@=:H<DFI8H5=7BIF97E6BC4FCD@CADD:G>@B@;BAF@DB>/@BFB,?9FB<AL=<D>@>:>/?>:B:@<DC8>@;:8CI>.DEE;C8H==@H5<:57=D;C8=2-GA;4<7BE;F>;7AGGFBD6<::A@IF;B?C8;>D<E=C<69:?:EA@G6KC75L>H9+68=H<>G?><NAE8BEJ02HBECDH=IH?;F9=BJ0>;1.FDL7BCJF@23A>FH;=688>3?3EF9=?>?:BD;B<EE7ED@578M6:/@>A8;@A9=C@0?AEKB=>DGF>=<0C<4;F=J%8<BGIH?A;=<7>J@M9B?C3=B8<6<G>@=H@HJ2>-CI;7B?64:CEL8B2C:=<95?GA?@??<2C=4B;BTJABAIEB?F7;<>G.47J9J+9>=A8.=8=)E9<?>>B=;43CB@;;E9GE16M>K<D8AD68=2;D4>?8BDAOJ5=;>D@AF:J<ME6@E<ADB5H?3C>:?7IA97>==99@B5;=E<EC>AJ:6:0;@;6D;9;@:IHD>5E?>8B<@;A=GE+H;2@=A@DFABB@D;A>:E6DEG28<CF<<BAAIC5H=97I:E6=C?AC4EE894F@EBE1EAA;GA<?>9GI9@F75>>?<BH?9C?GH@=E6AC:)FDA9CDB-B/287AGFCEEB;/C?>DHGBC6DB?6DB6C7>;AGH>=?GA2AHAHDG5=.7=>DK<BCB=<==@<BHCD;E>;7GC46H>.D37BDB;?D6=8?@>9>97B;-BH:??>;8JDBGC6K73=A==A=I9FCIH?A@D39JDFL@CBBJD>G<?>EE6BHKC<:DAB8D?7<DB4F5>><<6CLA8D7<>6A9D5B8;:<4=A<;FIHD@<=<G:;D;5HCG6I>84NG3DDD=F>5HFLG;7F1.I?D2CCI>E3@@:GJB;H>-DFJ<>M@CN2@DH60JFK==3K$;L8:JF8(BA9>:HBDCBL3?C<NF:?AJ?FC=9::<5F>;@3=9<C-G<>?9@?6H>FFA<CD>BEB?KC9J?AI9?Q=DH7;F?59B<@MG3A?D<7@A8?<KE3;G<>6C:F#F@?;+<BCGAGEC@>;9<=B=G<=A??E=I>;A11C-A0;;0C<>@;;<:7;G@?>CB@D>DFB?EE<CI9ID?B;CACCD?A:@CA>;4GJ@DBDC=JC@6ABAA@BG@GBCAB.0D8>?<,9BDCABE@7;ODAA<>9::C<@B1?D:7?G=25@B@9A<=;:8@>6@A6<D?C=?>99;<AA3A4DFFBC?E@A=76G@<<;9E68?<<985LC<?B@=K<;7:FG@GGB67>A@@;@E<BE?M67A*<?DA9A>?@<1DK=@L:B:CD;5<JHA;5SEFE@GEH?@A=89GAG;F?:><C:A<A?>C6@:5@8D:D;<ADEFC5HB4=?:<;HCF7>CD7:M=E?A99EIABDED:66B=?G?F8LE@HF8KGB?H>4G3@DB?BI/AG?<@G@@H6=>F78AA6;<>>>*90:FK?D?F;9A5E8F:</=;;6G?ACC:4B@=A/BCB9A?<;862@;FAGFJB@;@@:7BA<8G<<A86CH<@C7C=F<2AG4><C9AH?D<EFC@8O>HACHC>6D@<BBF@4>85;ACC9E?@D@=66AE?BDG?G8MAB?HB?9@:9=5?>7;2@;AF>@@7D:D?;?D@IG17,@>KD?C;0<97><?F>A>H>=?BD4@CK-GB>G=.A;6BD9;:F5D3BAA=CCBH>C@;BB>GEG7I@;8::8BFEE56;/<<DJ6=:9E<?7=AAF;:I:@7AB>7I?>=;B=68CDC8>@8;CBF?<@'E<@<82A9OGB;8HC5I?6;==>K6IELFFJ@49=BK3?N>41B>:?:ODCIGA:38H;6A>@<:4C99;><?HK@??G@>B;8I?A:3H06=*D9?@;4::6D?D;;-:>?8AA<-789>BK@>BCIBBA@45@@59:=J<;;=8.5>3<;@C79==/BE387=F>@7<?8:EC-B@-:.B<4>F9,ABGH<L27?>CE;AH;6AF7EB*=D8G7;A@:?=F;?H@A>:FA:6F;C@(@8BC?8E?1LD8?<?D;2;/6:@8C@BI?A:CG=AA:5;<8D):==J@<?:G@I:@FC85I?J:HEC;A3@D2DI<33BB6J5FD0=C@9A7I<C<8F3=??7AJA=C@;CF7>AB5AIH2<B>6=*@<@K@E7K:G?IF>0GC>J?D;@D@B6DC=6:6KEK=97A:=HB.E:B9FEHLA=A@E(1G>??C,D:?BBF9B?6DG8D::E@A:4@>;=;A@D7;DCFB>C@IA7;KB7C=E>:>5??=>;CA@G@A?B7B=@EG,EDC;<>E2E:5<;GFFLD<9E5B;@4@H@9A>CB<:?>?=>EMD>?D?>E>C9HBP?:9>BA@M9AB>E9BC@EDM4BBEE<J4>VC@:C?J:DEG>F?=BFBA7<CA?FB8>D4@BV7ADC=?E;7BDH<HN@C>?CB;H@9IC@P0@J<=97;CH+AJEIEDI>:CGA0;2F?J?=<70=J5FCBRC@H?E6J<=4=;,D>A:>E@7;JDBGDF@3C:.;?JKBH@@CE>C=?6F5581F?ADJG8AKAD5I2A>9GJDA93DC;DBDIB1N;=HBEBE<BD/2BAJF<BFGB?>DBG.JG>BB8@DEA4@=@L<CEA5;;?.DED;;<I>A?<F8;5?2>G=6A1D3B;(--<F;EH?38CH62?5;BH;H8>?EH.J=?AC6GH8@@<;CFCA<?9?BJ8<@H8N>.A@AE35=3>H5G5?K:DE8C/;6?B;DE<7C?K6@.CE?15;8>1A/,@BG@C9;:FC:5C7A2<:DEF-)?@::CB>;=F<6:C75>D4BA:B8.E?D5=:>=?=C=G>A@/261F;BD8F<?:7G1BJ>BBFB<9GG0E>>>@;4G:?F@J=1><4?>DAF4CCCG>?CA=GB4L6A9GB@?C@E3;?OBCGAD<7H@@<>@GE:2;=B99HF>F?7B9I@BBI7C??=GFEA=<?=F?C><:=:36C:>8CJJ@<2L2?DB4?>8=I9C5D=B:6J8<9<G:A8L4GGA>4BE:=5?;CGE?DH=:ICC;CA;A7@E;2;C;5?<7?@@BDK>3?CBBD?9BA9F<C;@<AF>F3DB<6J:;;G<9D@C:EDHEA@;?FB0E4IB>F<BC9<A1>9BDG;=C?CA2DG;>>AC?;:?>E>CCB=9F;8I7=4:D?@/B;BB<CG8<:A87D:?@B=4>:66@<?7IA@C:<J'>IB6D9CG9?ADGFF>B8B7GC5>=B==2@>9?5::9ECA8?=<F=?BGE@<>HI@CI3=:=;A8A>GD;E>?7=&=4FC8>9@@<?B<8I<K5*@?:?A9@>7:E;<?<@;J>@2KDH5EJD4AB;BC:FB@3?BI9?6H=A?NAIA=?EC<GBEE99D?HCC=?9BBE?@I628?4=7D(AA669FIA5C8IGG?:E.C>2,B>DFA;>D@I<<49I6;?2?8?K8=:>7@BI3;7?<A4>?6C6B3>CF<A?84FA8K47DJ><:=76A;?8B7F@FA6C>>:DH8?BEI0JHA@3;>C?26?B@A;B;I4G>D;8=:;6?EBCA2,BB?DFA;F;8G?D=CI4C>:9BB<DKA9J?J?B<>6IJ8AGGA7A=JCAEA9:A<8=<:@7GG?6HFFC97D;G@C@-:CA,<=89D>56CEB;BDCH=E9D.7@F0J@CJEBG7?:B?8@6RE-D@>>ABB7J92BBDCCC1@A:;F::7C<?7@B0C>D<<BA=EEKB@AH?=G;7D/DE2+;IC<>AHC94:@>@<DHCDJ5C?F53@H:&B?<H;A,6<D::D@=5DG-;CJF7HB5F@5?@HBEFB@:HHA?MI<8E8D0N8?9AA8;DI<@:9F>??C8B888B?<ADD6@@9CG<:?<FC?B<H:@?E?4CL:FI>E=67@J8?@A56C5>B:@ECE5@<B<'??7HABC4A;?<D=E8FG76=CAH<BF9@>H?N?=GD>G0;>:C=<?@CEC=<?E98?M>1BI>:EQ?C?CGEB;A@=DB@4JE??9CEI5G:JG?GICABAEHB><9>@I=2;8C7@F5I?AFFMFCHAF5*AA0OCDLF<=C<?J?:DHBCEA=<6JFKJFCB<EA9?=A<9;=;??QCBADGGA3D89GAHDHDEE@>ID=@=G8;C6FGD66M@?H@K0:?D;4?H;9@K==:BF=@?CC1C8<@B?F?:E;0;:%B9>DC:5D50FC.<A<HJ<JDI;AB>A>K7D186><9?B<?GF*3@BCEA;=C7J@(>I>D6F8?D?C>H@DH1:,<==IB>>E>EF=;9E%0D::8G6K1?7C:1H7:@?<<16@C:<7?BA7;<BC;6GBE@E=H6>B=?BEOEK:@C:CBB=?B1=F65;LFE<F8D?4CE?A;@=2?BD==>=F95=G>>?I=4@;>7@JAD9JACDB9IGG@>@6?@F@ACD=A::FEFCDAEBCF8:AJB4D.G5==G38?@>7E?9=FACA>DGD@1;8;A8=@9D>DG<=8C4>:CA8DF?E@=?@G>D8;ADE7><<==>5>E>?:5AE3?DI9GCBAC5K5?5D>>@==;@@D8GL?;8>:B4IA:GD7;9F>>ECG>BCDJ=7@;6<JAEI===H=>?3A<JCAB;9@EE=C7=>BEAE4A@@>;;G=DAI>814FE@D=:>2CC:==2A9<7HD:@@3=9I>=EEA3:0R@7*977DECFBDE<417BF<J5KB3>?JH;:FI@D<;?>B:0:?5:&5LBF?@E?3D@EC-L?7:>=97-@;BC81<;5==:?:=E9;>2BC==B<<<6E@AC@>>7EB?:?66><.?@MHB5<CFIKDDC6>?A@FBD>>B8>=92@?E<9<0:<<8>?0I?H6E)A6<9AH2@J:?3@BD>1<6-FG::A@<4;=B-;>ICFEDG4?GAC>ABB7G846?G6A=C1=KK9>B9>C9?DBMFAFCO8;8D;EC=DE4=?8;D;BH=7=@7;==??BBEG:@:=>A=;?8GE?E9=C3;;AE=7@CBC3@G7:>/1C=8?)BC2.J9893972%;EB=1HC5C?FFC@AG0A='B7</??=D>9JAK:7BCDCBAF:BB>>A<<5BEH>??G:6>3<@E3D>D:D2E@8>7D>CA8E>/D=:91H2F;-E:3<BDA;=@:88<<16FEH=@7;CBCDD7<@>-C9A>@EAK<8?@7C>K<F7ED:AE?<BCHDA05ED>=B>?D?A=1G;C"B??B6<=J:F;6;7HAF@IA3?7?GE/3CACG:6<:6<CA:@>B7C4;>=F<E?=G=7A5/A?>@A?7EFA8DD39878FE-J?5C:AB13DB83EAFDCD7<9?7@BH<9568AJI:;2AMF@@K<D89E@8B=6=DD:+K=8L8BI?@=ID8H<=4A9DG;:;C===G><4J8G7:6DIF>B:9A?4@4E,<1E<HA=>H856B@E=@@=9=9?B>CD2E1?;HE49?48@C@5CA6=6A@1AE@ADB@A@B<J9HBE@>4B8=;E2?;>EHFB2:ED?;:ABD>>3F<AA8-:;=@<8B/E93::DCFLOE9?@FDP>F=A<7HIC=>>?H>6E@EKHB8;CN?I;H=9BGG8.3CE@J:<JH>EJNGC2ACABK73=EDA@@A8R>HF5GF/FEBC?;@B?@GCOB@<;B=B8:JG>G9@HC9C;E5<=>?BJ2B6<KB6E@;;8<AG?5D@=BA0K9D6:=99JC>IH<D8;AHFE98C;B@JA@:F1NI3<;;>;;=<:@H<<52?BH?>H<<JBB<9AA:2A7HA9@CJ8D:A?K@6C67=E>;<6>BD>B/7=J2G0>97FB19=E?32H?8=2;GHAA?2>CL;>EF;A2?2A9>=DE/:??45D6@?@D@EF6F:FB82J=E.=ACB3>>>E:1EC>B=D?I?BGD8?D+>4JCO>>>7=D7AB?;9B4=B@3:=??O<>C:51>8FCE?H7F47;/B:D2<AO8=?CE8@=AHF5<DF><F5@CD>25B4@58AAEG@8GGFA4;FG?<C;?@C@8:G5?C;39=@?<H2?<:A3@?<D=?E;?8:4>?A@@<>ME)66D@AE@CNJ;9?I90JKFHDDCB7A8;A;?(DC>E;7>ABBN=@26/=A;?:9CA<?>,1;M9=BGB?><>D@@GDC05;A@E1K9B@6;57ME:AE::,@?AAD?9<7@==BD4;C?=5'7>H):A?:BEF?L@748>G?DH?G?AF5<I@=@68D;=CBAC1C;O.;=@A<3B8D98@:D8F<DEC5A3=E:C@:5@=G7@5)8CI1@C??@A@;6?>@C9FE=?@/?>GBFDA;7E>B><A<6E?H>@>?LA>DA?4-9>=D:=F:<78=GE?C>E<9G98>0>IHDA831>?:9F8@84488@@<KI?@E=6I@C?4F@9/C;AE@BB?>>;CBDBBJ6>@8>00F=F=?<:F=/G>@>@A7:ICA8;&F7<45AEF13?@=A=>9=AB+<;A=C<3?<:A?B:?BA585J?<=GG8=?7@F;>76:A@D<FB<:>=O@3=G:>BGF>6@<IG:/FA9C7D>77C>CB=C96@CBFCF79=A9:!?2+<@9>F=D1=<D4C@D5G7>N6A82:;<=@:BC50>>F*>;4BG;.:=C<J5<D4/CB:?7:8?34>>C5?;HFIE66EAG,>??DD=CJ39B?<?+BBE;8EC24=LF89>8AH?=??G,>D>;0D+CBB>>?4?7@5GC:A380:;AF?:K=>C;@<A::<>@?>C?A94H=I=CBD=D?>DFI@8>=EH;E&EAB@5HG;=>8D5C7@7>?:E@B.7@B9:B1<D5BA7=7E7=?<>9F<UEG<>6@DE999750>:9B>>?D?6C>F94F@B<2B@5=>A@=5BC?;P5<C<7;,JFB59>>EJG<9:A?3EA=;F<=6;@<?4.B>H2BC@A27I<>B7B>==:JGD;>:?A6CJAB?<H9:>;<E9>??>:2:H;44C3<3AB*B8J=?F>C::/@J:?;F<=CC=A;B>:<?:C>>BADFDC6>D?B>>DM9@<@1DKLLG94E=B?E6:C87@:5E<;,C@C=@HA<858C8@K;DAED;AD<:=;?:678+>=KBDA@G;8CJB=<GDGD?GHAB?>>@:8A?D@>D9GAFE?5G=@DL@DE85G@5FA9JBBA<7@??8:87D;BIB9BBEBDDH;OB>8BH>A2<A;?E9@JD;@2ADG?LCA?>E?@<D<?H7EF>HD8?8FG>1@C>8DB=FPDDB?C<>=MC<:?LC@CH<76>CDB;ICBC=BBGM9BABCDB9?CG48>NB<BAEBF93GC?;<9DB;>97BC?1DA??7G=KI=B@BFFJD7?CGCH7CAGEL14BB??O@=BB6:0:?L?MAJKDIFB?<6=:AGJE0E<C??BF9=?5AG79:?G??BCA>BF<CA0HCA??B:;>70><3<8B9;;8G>;O?=;9CA;=:;?><,BBJ2F9:;?A?L3?<6>@7G::?GD/J;CBI?DE:9:C?AEBBB?9I;E3D?-6?D?3H;;B?=D60?9:=C3?EA@A>/I@A?:EAE<77@<@D>I>DAB1=H6;?9?A5,6BDE?O>4C3>=??E<B905=BB:@=:@AA59;D4?>BA@;A617+?@396A8M.E7<B=@6DFFD;EB>H1=C1A@<GE5;C9=D;.I<BAK;??7<D?<CJC:0A?F5EA@?C:C?E8?A8BFG;@@BFC5?B><9<3?>8GAC94G2>D?BJD8E:5D1??FFC>EDE/EB:92:F9?GE:D>DJ@AP@BG=EF===@?AC@?HG;>DG2?B@MD::>EAFGE:?=7G<58A@F4C??@EFCAE?F><F=7H@AE9=H9D8HCEFI?AD@E>A@A89<?6HADG?;I:@FBD?CD=HB;LEH:@9C@E:CB*=HAG9<FGE@;9BH87?@>D9?G9=>?<FDJCCHB7;F;E>>C9F25A=D;8;I23;@9=:8<A?D6B;D?;@5D?1A96B@@AAEG@A86@EB@-?@=<EB>A:@@>;=86FFGIGD3B=2A?8=0F>52><B>C:A>B5@91;F5C93DJ@@@,9>D;?FG>;?9@BB<A5@?;E>>5C<48E0BBA@6>A:BE@69??@B?A@EBMB=:J?N;C438;:;=@9:8D9CBI@@=E9=C?38D?G;B<GBA@6?8H?787<:@>A+;3C>A;FQED(*A509>JF=<9@:3>?:=?<9&DC,.7@48@<<;MBD:7?6+9D8<;E@><8<<=E<@9;@;.7368@<@:BADCEI<8@E8;><8@><69@7AC=1=78D62;;6D>:3=@;3C5=/;<0E@8979:C7CDH@DG?CB=;C9;=B1<@22@CG:C?F)?D7<8=/D5@<C>GA>98HA@CE#G4=:8;>9;=<6;@A<ACG>C5=@>F;27DA2BF/3F8BCC0D;GG;F98E3;<:8B>=8AD:D?<A7>1@E?5>AC84>2@@8CA9::@I8>85>9%3E;=F7JD:8@I;8C>E;><9HA?>0;8E9<<E2D=868A=<DEG?@EC==A=.CA.>D:;7H?-2A<E@=;@I2IGB>:1>6>F8BJ>?A9<@B88?EF8>B92E@?>I<>H=>>E9?=<D9<GN2<F<C6II>:PE3CD4B>@15>I@IDH@8KC1;@D@<:?CA;C7BFB8GB?A>B?4B93D;22;*E2<88>EAG=94;=@7=?>7CGF7>?=CE>5F<:?=BC>G55:G?=B?EC9G6=DA?74A4?DA,G:BIJ@<72NI5PFB8BO>CGBB7KK=2:BF@9C=;=;D:P(<FB8>E;;85;<AE@@BC@?AC@=?HI>IL<E>2@EC??1DBDF1:9=>D=D=BDINBHBLEJ:CA>@2<;0GDMIC?B=HJJ;>JAHDC=GN=<>ABH=@86?3@8HEFF2>D3C:IEDH@8G?=;GODC;EDB99BG5?GADBB.>MIJ>CHF1CKC=B2>FFKC=AB:C<=H?GAI9::>;?@EJ;CFB==>E:>3C=@<B<E7D;/AC?B/C/5?=D66@K5AA3;6H6>FDB==IB::A?8BJ=8:=F=E6@HAD@9FI?EA9AB@D@9FC978D=?B<B;G:3)9>9)6FF08C16B1;9EHE=BG48B<C>6AC3C?NKA<>>EBGG>8?EGGA>93;<:<AC@;E<4<G9B6=?=@DD8BCAGIGB><:?A:>DC;@GL6:>J28D'GD<?<H@@6<8@=>FHE7E?;I)@H79<GDF<,G=:?C*DB4DF=0A=A;?C<FA86<G89C2A<D?8:FIECDI?=><215ABC@HC>9E5<@?K==G3MI7EE;;5>?=?>BD@0G==A82?DD;CDIC8FB:@":?A<G=7;7<A:A:C??EIB<4:<7=B>A>?I790/BJAR@<=8>8:G>EA79I<:DADF3AG@BKGC@8>BF>9>=D;;C@8@@4<DCC<>G@N>C8HG>6<@BBDC:3=AA>C4=>@:D8F?F@?D97=:<GH?=?EC@N;7=A?D@G6I@@AEE;<;>=FBFC7)4;C?@G59E.<A9:BD>E7(5>><9C86@;FB<:?E5C:7=9A?G858@EA269:><:@F@H7<?;;;7>BD?@J5::=?G>FB:BD?;@;CJ@=9G>@1@HABB5EGAFF7;46>9=@=87?AH/A=A699?@:DFE5F*;:AE7G5DK;A=C>CEE?E1B9A5BFDK<G8;>DHC@=F4MD>2=><@8A?73;=BA53:FD?D3HB8F<B<B>>@;9<7G@:@@CC=C2:5;C9AB@1F;=@AC858G<:94:97;C:@=H:%B=)>>F8ID>ED96CG;8C45:?:,HB>4?9BB?C@C:77EMB:=EE=GFA;?3?A;?BD;>:A<D@D7=@,H=@:7=D<A=+8D8@<3>60/>?;>J@J'CH@8H2=@ADJ6>?5A<=?A0?22FADGA>?FEF7G>7DEM?B;::9DB9<I:<7>===F@66>/A4???B63ADE39;:>GDH?7>@:<<:BA39:79:9BHA>?:<857?:13>HF:C;2<3':539?DA><95?G=E84B-?A7@=A>C@=2DA>0>EBA2E71;FH73C;?@AE.E9DFJB6B7F6??='=EAFH;BE@?FA>4B>9K3ED/>9A=7;>0(CH<BB<899B,B9/GF45?8C9>@>2?:9?BA@BB8@:?D:AC;JI>F93F<2DA@AC9?=5<F@<7>DF=B;?H;A7N:<E'@A?K7G@>B54C31DF6H>7CC;?D3;.L??;DA<?<9F/@<0?>EF6;=60>=1;9=6GB8-B=86@9I?=<=>1@4JEFCD>?7A6AEBH>B/8ACH??:<9?H>BA:=7CD?:9HE>3A@HG96?G;L=5AI7DGAEEADDL?3HA>EJJD<5/>H6GMC>.EGFH<IEDEBJCFK=G4BCBFCACGFD?8H+=4AA@F>C??<;L;>BC9BBCE7@;@;A>AA@??BBCB=C6JJ?:<?CGEEJK?@=@3M;CAH>DFC=5?=@M;@C8LCMB<CC@B@G9A<1<D9E=CADFE>=94?>;G?@>6C>:?DB@=7CADBDH@8.A:@=A?LGAD<CADDG=:>F=@EA68:;D@GC<F>:AAB<:B648B/:HB75+9?/2M5@G;=<@A>5?<<9C@6I;=@6F590H:C@@,93=A;>==><@:A><BF44&EK;>>3<:>2AED?61EA<:E<6?EGA7>8,@F39<C:?9=8@?9<D0+HAGG7>DFH@CA8<7CGE?@2C<DD=A58@CHACEG:D<:@:>$:5A8E?<;:@G?@8DG<E9@D7;B.>18>?L=<FJC61A6=>:;DC;B1>33?=C(6BI?A-?GD;<D/:@/69EF>62=GDQBEG70C?=ADC?;87=CG?HGC:GE>7NHL@G(??ED7CHFQI@=@8A2<4A===G>?@I?>5F?H>7C?AI9BH:E6@;>89>>8?I@B=B9AE@=BA;<<KD;@F9E5;B?7A<9?AAF@ACJ<FA=>CB=C>,7@@FB:KB<9?=F5A;EBC@ABDB>A;9A/B377:9<8GC;?A6?9:@6@D>ED;H=@<@AGE<F9CFADD=B@7C?>>BLC3GIC4C>@<C:HCGA=IFF?;?7F>HI=GA?/:J5FC?C?ADCI9C6CB@C@?6,K7?C7CI=<F.B<;D<9>@1@349F3CC;E8.-=>@9?:C???B;C:A:><;?:D2B?;=8-B14?C=6>JDA>E@LG:9E?=?=FB=BMF$;DE:>=;;?E@;6A9@C7;?E<?>==3BA><=;>@:BD=:H=EF9=A;7?C=@::@>=3L=E=7DAB@;?>@J@@A5GDM7D<5C:I@;FG<D:55F<AEE:<@?25=2DAB>C<@E:LB744D668;P@.:::DD::<HAFH8G7==8BH-;8K9A29N===:D77=3G?:8QI<=<?A978':;>4?MB:7>G;A??>2F8/F?>7=49;EAE=/489*F:BF;E@B@B0G;?9EE8;AD<>:@@@A:JHGB>G?D>E=C@H>;AG=:;33>?=C=89,>;:<@0;172/C:;6;D>B/68:F;CFB:813DA=BC7<;<=?=@/>B:4:F>C.<)BI:8>>?<6B<H>545JB:E9:@M?3?34A?J@71<B3<EBF?<==B:<CJ><7D@D3>79AJ79B9CG>B56=JK<97:@=9@<=>CD=>;=CH;=69@A9CB=:<IAAJ;AEGB>?FL<8P.CBB9GBC67C70;7:F';1>-;.'?9D=CDA7E0BBEE8A8@A9F?<F8B>?C:D2J5E>:EJH:8A:;D=C9B>B8<CA<DF>A?BFDEIAA=CGD;EFEB;GD<C4>;D:DCD:9?83@9@2HF?>DI=BHH-A95:B1H8H6EFGC3ABA<AA?<;A@?AB5A<<4D<FD8B@B<I*?7=CBD3=?6@4D@?;F;JD<I??G:AGC<=3<=MC1BD4G,:86DGLA7CAF:ABC1/BC:<A;@B>I=2GA@>EEDD=A@4;@?I0AHD:F7@8>ALBKF0896E;.F8:O>CBG99OBK?>D;?E75?=H58L@87?>F@BB@B3EEBDBG9@BPAH89J?5??MR7FD4=<2:;<?F3>DEC=DBKCB<:<@E?;;HBE<BA92C@?7=E6?;6<CC@:;4E<9GG@(@DC@:BJ@A:BA37>96;:@D7A6ICCICBLC??7=4D31F9.D?>8<AF8?/>9?6>JEF3H10@E?I@A<7?G<<1B<97<>B>?E<:+9A99HC=<F>C@>D5KEB8DB?C/@CD=GBGA/B1EG1>?C<DBDBF:1D2N??>86CFCF2@CB6DEA+FKE2BEE:7C;6@GC6;8CA*6I?9?G:/;67BEC@2/08KD?=84BC5;C:>=35G1=5<:??@JABBB4A9:=@?I29CK@99>G=<GI8.;6;@43@@AB;?/;6B@?DD?A>@AD<===EC:DJ5:;E4?6E<:2CFC0CH8>FM*G<7IIEL?CC<<IBCE7B?FDDC<,BC8?D8@0@IJKI<3?LHJ/A1F:C6I?7EA9:9N4H@;8AEC7FF;1;?@AP9>;<'BA/>9>9L@E=:=7B:H=6=FF/B=9:A:8?@>H>9B@2;;<BE:F<BIEH7;J=>F=IH8B=;;@B:C8A5A?2BG>A@:B:>L>C:LB?@FKG;>>AFF?;B4K><CEGD>2I5?F@@9<:@D;@E7BEB=8DE5@B5@>?6EH@@9?;;426?G65>6B>C@=DC:;?35FDEA:A2AA>J8;@=DC6>;B;*?9D4 7?EA7:><?3;?4EA@>BFCB>F51?50<8@H<C@99A::F@<>C:D87?79G=;4A7?56AE88A@CC;;9PDAEFE9@<;6I<B4;AH<E?FL.@<;;BGH<A;@GAG=7<>?B9FFLL?>H:88DDA?5C9@C@GEADB>?HE6B@BBFD)A@;149A::6ADAAA??B5F=78E=@D@4E@6?GAC398@>L?CB>?8AFD8A8>A?7B;G9>8@>7J;=;9@8@5B=236AEM9I*86C3A:GC9=9>A=-C6AGD3E@6C:=:>?E;;5B7A@8?9B5:C97FJB9@<;=EC7<@G@4EB99=ED59A+C;?0:?0D8?EFC>=1:B<8:2@<;E;C>A1I8?4;7AFA'G?@9J?>G;=8>?D=I6C:?J@?8=;9=IA?=?2>:8F:D0:I@JDB:FC:E>6KB>:<?=>7@AGA<A==4.3@9476KFBE:A<DBD=<:8B>AH@AB7EC=3=8?<;C<*;A;=?@>E>;>@E8@A>:I08>;=<C2FD@E8D=9CB7:L<7?NFA>C?:E=HCA6GJFAEC9EC?@88CGC:@A>=EE>M9?AJ=A:>=G=FCE5?>D>A<8?<CFC:??H7AA85E;?CC<89C9JHC<B7J>0GAG94E5JJ@DG<@KL@:P=EAC=<3F<D<>;A4@@AEB=64JCGA7=/96E7A;J<6;6AB=II5?:B@K?B>>E?@<<G<0A@=>AMI1=7;74FD;G>97GLJA@FA=I9CB99?DB86CBDEGD:0:JBD?==F12HJE92K@ACDGAEDI<4F;?GGF:C=<8AB>5@<A;?G@GF4@FADIDD5B5<D>:DEEB?B><AFBE@IAI7FA2E=1?=@7Q@9=4?ED@E=:<:F:CDC,KGBJ?<F?BJ>4@C@F5DH3DE3<D9G>I=GCB=2CE>K3F?J@<8AE=CA?=G9AI->?=;C;C@B@@HII76CBDG:B6H?7E@=;6JI=3H>@=;GHC3>HDGB>F==?9D3?D=;DME<?AD<MC@A>B:D=GAD@,3G<4**KADIA:DAB?HBB=AG9@@A@@8FH:3:6?E<F;EC?6D9<D1?>GB2G<D>KD;@H2ACD7*<?6=C1G>C@C>FC=66769@:2H*=9:9CF95E@=?/9B=KOMBG@=B:@7?;;B>AACA><J@CAAIKKG=>98>@J6;5-H;M?EJ;F@H7>>BHD?@?A?;BC:EAI?HGBEH>?==/DAP95D?1AC/EDGF77CDE>GDA3E9C?>AFLHQ@>CF?;A9<>FD85GLEGB7FGAA886=@=HNGD>DFBED2;B5CA?L;:?=CBFA6@D;1F@?F<F04@>AD<6=;K<@G96=E:B?24JNI9DD:B9=/:9;@;/CA@EEAC=B=KF1CEBA?>=EG;=?HD9AEGB8FE57J9;H@:G?D=@9AA;83J=C-<5B@?7MA6@B<.2F6?<B@2F==B?96766>C9DE;I?=ADC5>>7+?@F=9=:<@=BEFH@;E9H>A@8@6?AF5@GF>B=:>FI;C??@CC?BD@J4E?E>D2:GA,3:<6G?2>C7I@4?E,<?L>EF7?<@?D>5@@GHCF2:7@2;5F64B?=>?<=6@6:AC=<F@D6G5GC@>@@@28:4=:;6A@?ACC=6DAJ0DA:8>ECH>>0,7+5>7?:C=@3@DA65FAK=C99<D@=6?D:9@BK?FB=EFL;?9DB@G;EC9A1<BAH=BJ?@C@E?<=?A<H83>>BIGB1CAJ=81=C@?5;DDD>K;;GJJAB@I@D/I@@@CE>CD8D8JFI=?B@B@<8>C:@8KB6>9DCAF;9=C.CC;6J*BI=D1<:7@;BBE?E?2A;D9?;=7C@9F=,;?5:DCH9B<@<04@<68<:>7I=83?AF=@B8<@>@3CF<4:GA3,35;@E9BC?5>F?<>7L7C;?>;/<2D<5;>>>6=9C>>8C@65AH3G<AC1;2GAB<95A/BB@=21??@7G<=@D?69K37>BNE@GIA@7G;,>5?E8<@=BEB@>D9G7389239BC;9:?@;>4>E5:D;19A;;A9@6C<:;4@=<GD=F@7<D255@<E87:<B??E=??>=AB?ABA*D6:;@59;@FD@5E8@<@?EK@@?9IF6AF;B=K>=@B>B8=G=B9?>95GDD>4;A>@7JD?;D@9???<;;B@AE9?B>,8E=?C>?2A?<41B@9H:<0@5>?7F>HC>?%AA??3GD=B.FG;H;HE=?@:H?@=8@@D?AE59GB@B:@;AC?@EH2BD=G?C;;D9D@BDHII@47?><CD>?8;=+B1<9CHH?M28@7D<81@@AB>A7B@:BG>9>AA??DC,F@E9@LLBDA<B?7@=7>@E5A39RAEFFG?F/>7EMIAE54G,<G1?AB63?B9G3AD<E8@<DAFF1C87<C.AD?HC<F961AA5KA=80?CB9=:;=9.BGCC?:=BI?J?6?CA6:DF;EAF5;>GC8@;9M53B7/9FA?@D@:E?4C@DFBF<BDAGBE:EB-C==I3EB=>>E<AEF>HAAJ=?6=M?@CA>E89I?FFJ8<D=JR>86<68B=7BFD@E>:<GB@=E?=8A@8B>F=D75EFGIG@=?G61F??1A9A;F8ADC>>4=:<M35GC@BG8;;1>?).D1@9<<;:HI7=?<AB(FA<:A>7,/;?IAO8=<5?<L4BAG7AC=FCADK78/=51GA786?CBHDE4FG9E9B>AG9@5>D<@?I?>D<@@E8C3EF=72LOH=A;D5=::?HCFG?<F84EB;DB?A<CI1>8G?G=?4;B9.<=?<9;;J@/1B?J>:EAE::F?>B?A7?>;;CF<.@ED0B=AA4DC@?CBD<CBCEA?CF.C8FL;@BAA?NC?BBB?D<=<6<;>@@A2>C@:?H69?=B=C@8:AEE<?CE9<C25:L>KFJ<>?F<>DI?@;9;:=:=<>=E<B:;H,?D6;5:IC4@IC7A6F@=?CBD<6<9<;>KABJE:B@EMC@E?FD=F7??NECB;A?B=9:;C:@@9;;C2BGC><6;I=B=??=FO@9AHC>=8:<;AC=9KE;CIC;>3:DB7>A<48BBC7=?@6?F6I=J<AC>@E?<GD?A?BA=B>D?CA:9G,AC-EF?D@OA<F=A=6<?A7E=>:C=:F927FE@@EF=6F;A?E:8A9BC;K>FFF>=CE<;-=60;7=7@CC7J2=;7;+58?:@C<H=F<H:&;A1GH:E9HE<B?;:C7AA:#.E<D;7@>F?;9>64S7E?>2CA=/;DCC7D8>=7B3>B>7IE;?F?G05BJ=F>G?A<<65799A9HA:IED@O7>F<D=8BA:=8G6?EBDJ9<=A3BF<M:9H<?C=CB<:E=J<B:82MCB>F@A:;;;I?;:;>A@:2D@>N?C<DI:41E=<E:5>5>8944AED@K-,D7==>C??E784B=<2>GBE599A91AC7DD=D>D7<5E9./;?E;DF8B>2=FIB@@D7?8E@6C9?97?7ED6B7CF:@IF?;?B@98@=6CB;E?858CCBB>8B88:@(A1>BD?9?E2B88A?<A@?EB>;6<;@5;?0DE<8??;??CD<E9:9BA75B@7>H18H<=6<ABI9B9F@JD=@,1;CH57GF8@<=F@=,5CE<@;DJ9=GD<C?9@<>#>/A<D72?;;A93AHD@B:=>CF=4@I>9B<@<>B:C2K>86CBGBFC3I:>9=?78E5HL5BHA?HFB;(87?7FCE<;A@C7,HBE@F2<;DAO<@;A2<EDF>>=:5>AC;GA>A?;:@AC(5E?A??FB=CC@7D>>;>?E@8H@BADGI8C?AK?E@3AHF7?F@?@D@;=G>A@;@CA;><944@AH:>DR<B-CC9B<F=B=@?E2?CAA@E==E<67=EGEF9,96=>@E3>BI?>D38=CB6C@ACE6E@H?=5:>C6AB@3=D;9<3=A><;H8DEG5E9BAKD:HF67A483EID?899@>;=EB4K0BC9D@K-C/HA?AK?A9AA<@9DDEA<0<ICB>7@9<8K>=FD?GNE769+CF?:@<W0AC@7<-H6@GCK1<F<BBEQFG>HB?48GEP3<E=>ID=7>=:GDDG:@@:DDFEHB;<?=CEDF94B>?3EBJ9A26?@<A6?@CC=>AE4AMB:A3GA0D<CE>)2J87EDE6BB@=@A??<@@76;DBF<=H;8949JBBC>9I@GE@69BIHA><A==:C>=>775?BDA4>1;1<=:ADB@<?G>.:8>DJ;-DBEA:@2C172>@C</CC;6LI<BEADE;?>?-G;BQ6C=H5F<:;:8I8:>;EB9BIC1?41>MC><6AH;<:BFB>;5BB@H4<@F<GKA<?;B5>@I>AC@.C77B<69>B=KH<E2D>@:G5<?D?A<?A/FG<.C>=;E2;E@:1D836HC8=<<9?DB?DA:=D>D:BF>GJ?=<>A;=@?>68A8,=CBD@60@:=2=;E5D7GADBB8EC@@/0G?I>=*F:A@K9;@D<;>B?5<7@DEDE<==C5-BB?=4>EC<ADHH0B<@07EGBE=?@A:EA=<@@86?E=M43G8E9F>H/K=CA>A9@9=8F=H6B2C?=3=A2EAAG2>@=75D>?A76=E=FG<@G@:@<;H+F157F=1@E2C7C8>BG>C@;DH8ABIA@EFA<@D5=>2L=@;D7H5<8>A8F?@8<B@EH/A=4G<7<I=@<J?=99DD4=;8):>H?@?<8B2B7:72FJ@E76928HEF;@6@?>;;DDJE;D<;8F=858>E;@<D9BC:55FCA57<EE0AB?85;;D9>D=C;3=@KE73D86K<FE7?32D;EI=MB28A@698=8A>L6585E<<:26:F@G:?A9:9:>/.=IE?7D0B@C?CA>>:?;@+D<FED@E:9E>AD>;>EAC91:;74=<ED+GB;>>E5>A87D:>F=8?I;>=6<:CDG6)BCG3;E4B==*;8A3:C;>8AKCD>I>;9JCF9;?E*@>A8=EA@CD<DBAEH;A9@><C3>=<H;GC7CB03C65CD>GD>8<HC=@>B=C8F?==>G7AD<=D@<>/?28@951?DFBHD;CE=9<A18K=1CF>6?4K@@B@K99/F@?@DC9:FBF6>J>,G;>H;C/?@BF=.H?B<=>F<5DD<=<?;I:=E:A>@C?G=@8:@=CE;H2@>?>F7;@6FF<B6>98:?=AF>??I<8G4<?=8;BCD:;AE<8B84BA=?=>>CEABHIE9>?4C8<C9E:5<D<2A>;@IC9=427@:F7<6;;B>>D>DA=;5<N>AA=CEF<CBBMB7J=<?3B>;CAG7=@;BH7?4@=8A>@@=>=0=?EI?C@<9!=C@<M;=>8A=<D'AAA-@=H778AAE5::?A=:7<AAE;::L-<2<1KD=4D95E;5CK=JF7JA:A??D@HCE=D<=:<;F49=<@@M7A?@9G@LDI?E9@7:>=F>@@F8@C?ACD:A7?8@E>@H39A3F<4CD9D5;6;A4E8A?79=@>??3C>=BA:C5FHEG=43=@-BF=HLB@CB05DB?6;>LA5FB=?=579DDCCB<>CC>?DCE;=3E9C>69F89A9@;6<??BJG8H7B=G<G35E?=SI>FADG>?>>?=?DDA<@G?AC>DB2@BHHLGDH<7HEGFE;J?G@;BD?B@?KAAJF5A=;8?1A<A7=F@?A8FBGAH?H@:=CFA2:8;==?B@GBBE;IA>>BB2=B@>AC?AFE<F;<IC9?)LD=?K;:>@CJ<HA4O<>F:??CF.97EH?C,:LEC?>HH;BF;C6ADC>FFB=.B9A3?69B=GEF?79=B5@::>DEJ5BB0H??DFDF2?3@7<E5B6B?:C?AC<A6;F6@AEAD9@/<CBC8C<:E?E5ABC9,CG4ABED3G4-EK=F:C>9@F6;A4<:B>CF=:C?=EIFG466=>?ADG;=A=DCG;=E?7?GL/F86AF;?)CA:7A88E;D>F3<CC=<:@I@6E@AE;=>CGC1@E=8C=?40IA8CB;GD;GB=E=C1A5BA?;'@FB9D6F4@7D=:@A=,;C48@=:*9B==B:>?G.@?0D67@8;H@>A<DKA>EB+JC-==1<<@CFBD52AB5A=>=59<I>@D:?:<AB5;:B@J9;@GC:<@>EAE;O968GGF:3@5I<@F:5@?I95KB@H@A=>D??D?AA<HG:9@=-EEEJ>9FD<<C9.=@IKD?>I5?E9<FHDBI=9@AA:@>:B<?9==9BDKED<1B3AB@=C9>CBE=DBD6A:K=8A2-?7:A9D><3:8>:BHCF4=B>4@=R?BH;A7F<=C6:8=E<3;<?=@3?8MDC0E7;A89F9@>E@<B9@>DAED:A96;I==7D9,9C?A=9C96:=G;;<N9:7:=7AC?<EAC9AB<B:=?D<:>B6235>FA:B=C8E?B?M@*=LA4;@8<1F5E8695=8C<@<>4>EB:DA<4ICB?DCC>F2A;=;CDE8>C>A=G@?G?A0;HAAD=HI>EBCE>E=JBI:7=1=H@=IA=IJ.CAIAD<:HBFAFP?C?<3?=I>'<>DA:B>8:<>B@?DDDJC7?HAK@77>7I?<LDC7>DCAD8B@I=F<AAD;*B=61<BHA;F78><GGENC1E@:@45>:9/<K4<CGFAF<EJF5I<CB;9I2;F@E?5>=G>@8<B:@8CF=:GG0=@@;@@B=<BEGCDC1<>=>@3?B@2>?I;CBABE@F@7?B@5B<3<C3:7??BBEC7930FC=83B9ABD>3BDCD<9B5@G@8I8>B>CB4;8CGE=;>C@IC<@@E7BCE>AD9:E/F?<B>=G9=C<?<@6IJC?9AED*C78<EF;;>=:KDA95;=;=7B=@=<96:@BCF?=B>@@J683*>@AB6EEE6B?I::@@?;8H5>8??A/BC;B6@2<<>B<@>E?@:A638:=:<:C:<9<>BD58A=9C04@N@4F8847D>E7H@<@FD;=7F@5AI23<EC?@=?3AA=-BHJD<9=D@CE;I6BG7@:6CJF?@4@8G9ID=9C>6@G??<GB@>EB;B;@A::77>EA>CDA7<>:FDC6:;>DHGA@@C<L:>4A6@:155=:C?5ADE?<JI<DIFF?C=@>7>CCL8@?>@=B1EBJ>?<A;27A;57OJ9C<B<C@A,C606;89D;G@J>HBL@@1E<;K@D??NE5@@A:?@6KJJGLE<A:>M-DA?A/H5@<?F?G88C=DH?C8@@1C9CBC<9I<MEL@=AHDAE?C?BFD>>@CA>E-DBGB?-46F7-5D;F=9FBB=0>2A6>3:BA@F6KDA>@F>=AIL@C<9H<8<I@>7?E?<@;57@B9?@07J.>6FD62?B@BD>J3F=>>;F9G79,@<9ECCP<8;M7BF?7B9?;@7F>B8@3;;<CJ?:<H-@EB8>92<@IEC>E;8A<AD3<84G;A+?;E7AD?6:=9<@?<<GCCB4<EGPD;ADF@83AF:;=39>7@=G<?<?A7B=@6@<G:EH6G5D>47=?28AGCA>;E@IDL>6@@9/=?=A49BF<A?9@D>89?HA8CF=B48B<E@A?9<883?<3@5B<8=?B0<<3:>=DHGAB@C1@8EI>4D<E5J3;=;>?;?>K+@.:?F??K>A;A=<9C?E:?5*8?A:>5/;J@3@E8VFGG8ILI<F;A<DC;LBDL:;D=?BE;G43EC<KD>C<96BB>@?>A2EH5I1:CCG4E@BAAA@?FDECEDKABBB=@;<5IEG@AB7=397@AB8=9I=DH7=KG?BC-F??;>6<FD9@DCBD9>8E@@AF?=6FG?;CCM>C1BABC7/=DAC6A7DIGE;EFC8>7E?>CA@D=?6=CECA=?<@:E/?-CE@=DAB==E;@@:BAE>:9,=D><?BB@H;?CA?KA?D<IF:@B1+?AJ9<994AAB??>C>;GH2G=FFA8AB96CL@5>D8LAJ>?:@97A@F;/G9*5DAG/L;EI?BH5A?AC9IBB?78I:=;@?=:=7;8@7@7@B7J9CDAC2<=FD44>CE8E;>;9CA?9:B8DF?FG>FHA:6B4H:6GC<J<JE1:87<>G<:D8JBHC?=F@E4CB@:<FC>@D<<;HDH@DIEK8F>>7C@KE=A;?@BD:7FBD;O6:I@I;<6=?<>GGC<6EDA=BHC9DD@C?:BE>=DOCABDCAG6BJ061D<=G<B5B:-CA9@0CM9/A?6EF;A5?;2@@8;?3K;+:H@A<F:FBBA;=B2?0DAGB<E9A:<42A@=@<G9CC3A:6GF8641D>EC?>J;L>BB@?@B@D82DH<I?A=<=5=8<87LG7BC@DF=-<H==A:>@A=:E<7@?<AAE95<:CCF?<E1?>:=2GFBF4F7GC7DHH3EB9;8C<7@/?=@C=6<<>8C@AI8C@@HA=:B4+9??B>H3:<7D=37;@@:=36CGAE1?<?2>FC;::7?9GDE@A=B@C=BE:?86?>5:@D>JA<C=>F<88JE<=@>F;@B=<HH9;8A>:5BD?BB2=;87?A5:7HDCB?84G=L@@<:DK:C9BB<@??D=?=9HDAGD;@H9.9<AC?6E>1@9FHE8?9I<@;C7@.DB8@@@:A9D?@CGJ/:;=69?E>GIIAHGCG8?D>7F95E<?M9DBCH=;>@D+8K8<>59>?@><?BDDIBD46>A=::<.G<B<D69<A1>?.<<<*H=6::B@BE79:G3<E8=:7B;=DB>;BCI<>G9=NC?B@AE?M7H8;DF:4>;?6BB?@?@;GA8GCB@K=E9@;>A>GC?ISCE:>:>E?B>;EF?>@GA?@A8=9>>B7HEBMFO<4EB?I7;BG?KB5CJ<GE9@>B59D=>GL@4A>DANCCF9:45@9ED=CFB;>:HB9B3<ELP,>JCCJ=J6:D?JFCI@I=D>M6:F<CD?:9F<<2L<MDB2C=E:1B:D1A::1P6@=F6AAF4=/@:9GG?6DBCBGH3D=/ADJEG?9C=C9C;+9797@AC@9G@G;9H9?<HEA5=B>8>>K>=9=2BD<9?EC5@80;BA/<=?AA7F=A?@@?<7:3BB>>84@I=?;;;E@BCA4;AE<E?CD8EB5C@9D;<FEK>8?>?DE@9DA5?=D><744:C6C;>=>B@?1,E?>2;>F5><6:D5:BDA=>?>>@L>7<CK6HC=>;E<F?E>3?"@HQ:6GG>@=::8B9?,2:D7?:<D==:<ACK=B=HD>AA'88=2CJ?96?1;88B>B<=K.C;A@ECAC2CG>1>HA>FF>FFCKFH3<C;;0@J?99D=DIA<DA<DG;QDFIA>1CAB6B<FA:;;AF6@0@FA:L:H8?ADBA<@CA:E3E6BLDDDE@EDDHG?4H3;H9>BJ6>FHJ?G=8?D@DBCGCIA@HBJ<6F?>>.EED>K>BJ;A>G?IAD@-C>E@H?FE>NEID@:77CD8?E=EKCH=?@1E:F=D=@;>JC37<D?E?3GB=KE:A:C;9?>G35E>A88?;<>G8><7D7EBEI5@<>LCJ3D3E?HC0<?6F6;9HBDDA:<DI@=@8F=@B75DH;E<I@>>?EBA<C=>FDD<A>??;C@D4@GEA><@<CEBCG5=ABD>B2JF;@D=>AL@D8?3=A8>@<@A<F4>:@5@@=BDA9BGG?>D@2<=:978E@CGCH:9>@@<=BBJCCB=?H@>H0BA4MDB=69;?F@1=?AA?EDD<=0D8=D=?B@E:>A>LI?9HD<=?9BB5><GD<=F29<0IIJ?;I547E4>?-E<6C1:E<>IA=I<IC=?6>A:I=5@H8?GDA5E:08>37<9C7.JC+4EBF0<E@;6I0B3?E>29D7BA9DBF8A-A>:GCI@5M>70>D>==DF>>0;D9C8CB7B+3=G;1:C1:@2<BA?6<@A;A>5J<7E>G>>:=JAA??<@9ABE3L<;D<;@>A5?D9H<@?A=BB76?8D7;>B229=.C<:7F>@B:C;>3>B;:<J3=>8C:5FD3=@6CDHC=:<E;=,5B@AGA>E;B6<<6D9<B9?1HA9E80?B7?B;>844E0<>23/B@5>==<;C@;<@@8G96<@/<:?>0>L.8@27F=1C=<@>:3=I7B<>>><<0A>98:/FD=.5AC>56I=?C<<<=BD7E@BD;LGFC@BE;;::8:9HJH=7B9>LD<;C:8E:C<+@E>A1DA3@;F9@3A;,<GC@2AG><=J:B90Bi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a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g€�b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i•êÿ‚[FN:D?>AD@7BDI?AI6?5AGAB;FL4;><=H<=@A<H9=A?9F;:888H?<:8??=AC?3@;DBB?;:==ED@A4GGA;AD?FAG@F9?F<>59F9=>6B6F;8K=>;EFNG@=>@D;J@DEI9BE+ABH@7;/==IBF@?.DFI@<D>97=;G@G9?1D=53=6KC=CDA@@94@2@<?DA89HEE1@M7F7IC;B'NI>G12AD>99<&CA8F;CB@:A9:9G@62;54@31E@<;7;@D7A9A93B2H@>D>9KCB>?=>A=ECH<D85@@IG75LA0@A/?4=F7?=>@AA<H:2ABI>?CFBAF88:D7:<A<2<9<AF<*>>D1=<?A4?<69JK;ALM8A)G>J;I<CD:<C;=B2@D?G8;C<9;>/4<?EE/G1FC5=G<CC:G3GF>8:;=@1AAC5>@6;A0@B6B)3=,=?;E>C91/HB64@D@;B1ECF>0<;>:B=,@A6:=E<=58><7+BI>=D>98A3.GCFB326F>:9DC9A>O'E<?@F45*AAB8F<?@B?;DI;ABC@C>@>:+9JCJ@9A@@9=?F/:HG@,>@C/-.=9E->AAC@JI=EC:3B5?7?5=30;19E<@/=?I>A<?=:,=<@@B2:D9=B/BE>;@<D(@ADD?D0>G;@B@5>6C=/>F+@/CABG<3C?B9:;<?A9=@F@ED3>A:4/>C>=;@<:789F=4?G>@>&D-C3@AB<EAAGD85>/;D?40E0G4C:3;:A@<>/C=:@A=L9>=.1A2;:B>AA<A?BC>??@*=A>>/EGC=M?=G.B>DJ74=>8D@;GBBG@BAAED=?7B@<B?B:@@FBE>C0+C<8A9.8BPAF/I?.:;=BJ8B31C:50B8=6I<?5>?@6?J4;5BC9:9?HA=DA=8<=EC0KE><@;=D5?;?N>37FE7F2CK<8=BF?GGHAF;<.A34;DE9;B+M??E>G=@4@FC<:8143DD7(?;D5=A6>78>:/@78E>EHECLB:BA5=>@9256GB@I9BHAIC<B47:B7;AG=C?8?=@DADA>D2<F>AHC949C58;E?3;F@?0;9<=77F;;>><H:B?=D<HH;;=A?1C47@A?=4GB>:9?DE=DG>?HBFAB=DL8EE@4::<<BC:B0A>J8?;MF7=EHEJD?9<ID5?9<:I9@DH<1<<=AB;<:5>=E?8AGL>:8EF6;F=8F6@F>B><>9<=B9>C=CFA=1E?8E=5>;=<EHCB/J+?DCKBJA6AC9F<:><<DFB:;&?D>H97><A?C<<8>BB@BGCDC1;7CEE93@?>@=7EL:EC<@+?G@;F=F-8DJ>,A;?C=CD3B?18K=CFE8FCL6@4CI30@A96J=A=>@>>9E=@6?;>E;<5<E>H;EA+7B771C=8ADF?E7A2K:KE@?<6FAAB=BAB8842=:9J=<9DD=ECEAF;5<AE=8?C=3:AH8D9AF7I>=8=8CG?B<@CF;84>=;:A<B7:A:DD>DCCF7@5CC,F<=IE:3@6:/<A@>HEG9=H9?B:?F3EB@9?=>>E=L75I<;9C89BB5>G844?F6B9<>=<9?0G;F:D3?36DE¥ÿÿÿã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ÿÿÿÿÿ�i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¯ÿÿÿÿÿ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ÿÿÿÿÿÿn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rÿÿÿÿÿÿ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‚ÿÿÿÿÿ|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v}êÿÿÿ]L=;?B7846@=?;5@JA:BC>;2>;=3@A8AAE>1D5A?>CGBI@DBB0=45<?DH?@58B;E@D+?E<BA5?9E>79AHDC@8F:D>@H;D=,A>@ADD==??88C;?1C?D=0B7B9;F>9=<E48D6F,KF?>?>DG6G=>@?99C?CJ=@:8EC;MN=DFEFD=?DB1HDH>B4C@8DDB?DA8K>E8CGBDCC:;C:D=FA>=C.>6E:9;@9H>K>7>>B3H8DCE<F=K5IE7?K3;??AB8@?DD=:@>B4>EAE;F;A8B3A=7?@J@@8<:?L@;9GE@>J?C>FBA=5@>7F;@:HBE:AHDCD52BD=CB<><JD>G@41FJC3BFDI:CEA<C=@C799BDH5EC5E?<FG:B>BFAF8:AB=A76;GB7=H@7E=;B@G?:D@?BB><DE=8CE87EA<D:-AEEE@;>,;<?7<>/@4@19)>6@<<E0A=9D>>,9=:@A$;A8=GK8:N<<BEE;7=>E2:<AEA>4>B@8>>9?B>;><AJ6DA;G/<=>B=ACC;<=D5<=6C6<?A-7KB?A?C99D?@FM?AF=B<F;;@9@=@F@EE?EE9M=4:@FA>2B/DBC9AF=<IJA<ID>BDEBD>8A6:BB?><?:CM5C?=?/@.=7?C==?>>/B>7=<C?7<08:6@5GE3>D<C@>EBJ;=AL?CC@;CDCC:B@7@I:=1HE?9>;=6?B<?AC7;D97C>>9;</7BF7@<D=B@@A>B>@0<GM?=B@69>:@@=?8BH<?DB<H=6C6:5=@H@A4EA?D@>A==>DE4;EB4>78>-6AB@7A=B>BBB;3.:<9@==<DJG9?D?:98EB94=<A=AC;;;BB6?B;EG6I;6@ACHDFABABC1??/CKB>=6=;<CEC4A;A==7>=@97=D;G@:8AC>@/AF@G4IF+>C=9?>AC@=>AB9-3>=8>A5;>C6D>9A767;?D,A:>+?33:7CD4II92=5AK>B4=;F7?<C@76=+=<99:;<3;;@F77;<@5B7B34.<48@B452;?::@G@>=4C:D2;I;9=4;9+;D=5?;@C;H=DCD14:D>=;7:885:?F::=;DAF<F=G;>@>7924C6B<2/4DC?7:3&6'@=@A:484?<?755>;HBCC6:;<>7.?/785B?>F66<C>BE59C.7E>1<6E8=1<A?=KA:7:6D*<0GEDM4@A>6E:B9/AE>7>=?4=2>*@5FF2GC39=3A:9:B3>C8?8>;D>A<??A0B;?7C@/?@63;;C<5?B=F8<;7E?-AF>D;O:9,5DA3=5;D?H.>?CB:=I@E2EDB35<C@:CBB95.96B86D:0;60;>A1>:98=>7<?DB987AF@DH=<9=B@7@?;A56=B69B;83JA-<?F;/==@AE8@3BE=DA@37A?65:CDH@@==??;0C00CCE>:;<73=DA9,<4?EEC:BE<9:>A:5:<<?=+@G:>7@6;56AHCB>A?@@=H@GB>CGEC<8=:5;=>F826:E=B4>?:<*;/7F=>>.EAA@B;<?D718>?9@FGC?ICDF@?:D;5AF;;4C>?;@8EG<B6=G180@[mœÐrOQ<GB<G>7C:</-GB@>G;FEC;8GE;CH4?3LDFF5=I>>CE=45A7=>C8H8BIFDA-@JM?=B@6=8;@;?56;9>;C6>@B>:7709H475H:G=@EBFFC@02<D<E;6<@AKK2<;BIDE89FD@>D@==;?HA;C:E;7KD<44E30@;;BFA1?>CF?9J6E5A=<HG>BN6A7<@F@B=8E5:GGD<G:H5;CI@A?@G<6=<D?=EB>A8=@8@>.A9=?>LFEKBB9A?AC?D=E@JLD<9?BK6D16CF=:ID=ABLCBBJFF9@B;HF7@?>H2BG8<KG<@:86A@8BHIHE.9AAC@@D?<:E@CGCDC<9BA>D?CIIA.:@7EHEA;FG8ACHA<FJ1?:=?BD4D2;*6;G>@=@F@.G>?20I:;:B>?GHF8D=>G;FBE=6?5C580F<@@AAA@DD5?B947@I<0@?>>E@@J?/BB0B)?FDA9?=A@AM<9>7@?ECA)<JG?1A=D?>LAF2;.7DCA;E?JCA8<B;<E0;=:>CDF<@96>AL@A8C@=B==@@G.>90C?7H=4EH::<J>6A:4A18@>5DE?E>=AE>E>2@54FHC;>AEAH?;:<3>;8CAEF=C;;F==EGAC=L>=679;-;CA=9A?KCBF=B@;:=9H7<7A;E?E76@>@?@AA>>;A8@JIAD;:<F=A</GE?7E<=<@>:AIA6@:@=E?@BEB0C<?C=CFCA:BFH=6HJKABCDOB=EH=C:C7=17EC@B/:37?7<?@E=5EE>*3GAEDFA:N@>ECJK,@7FDD>A35<>B?BE<>DE>@:GD:?<;I8F@@D?<:3?D>8BCA>>C?;0?==6?@?DFB>=A;B<<A=;=7CI@C@8<@<B5@EAC@BHCB9BHFC@9(GB<D@B6<E>@88A69;FB6CFHBB?8@D=:3<2HB?D:?@@69A=:G63AK07@ABB:I?ADHA?9;;>B?L@?4?;4I5D9G4E1.6=;=@8=A>22DF;093@/B7?B@@?CB</=?:=;:9?CD4B@G:9I=:6@3F@5=?@:<<74HA=IE<BFC63.5609:=>8'F>@><+:4?.>>?:A,CG6=A@=:8:=;599DD;B;63>8C<<D88?F*B5<C:A4A7@>-7>7C;=9C59B:C:>9:=>G<75BLC;:@:EG6<>?5AC?C<D/;<DABADB::?8+A:<C0E:,@E99.=5G3-EB60K>76=74(5;9<>K@@<8@:B<?4A6:(.7@<AH3;;8;<@>B9)F>9?9:;>=;?/GFF9=;F<<=3H>CEGAH6L?;?ECE?D??9ID@EDD>5?I?A@5A?;AA7E6DGB=9F7;@C.@=5@CB0F4?<B<?>6:L9H5C-=2;:@3==1DDA4=1=.5:?4EC;?K?GB@?G;=BBC=?6<.;E?=:D6<,9>;9FA:<>C?@A?G@C<6DHA;>=;H8C5DF768B;B861J8E8=@C=953F<=A.@>E+;1E?@@;B99;>CF=8AB5M@3<:@:>K>49A=:A@8/A>A8@>A<>G7F6I7A@F=4AA>=7BD?D4A9@?=6>CBAAF+<A>6?:D=?.D-AAD?6<=ED;DK\d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c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dME@?@+ACDDA;=A<EA6==CI?=2F;BA@.G;6B87<?A>3HK=745BBC?=+=<:CA?@3;8EH4?;>:0796;H@1?FA<??A<28CEBA=67185=E>=?B9?1A>68?E6??1;=A?98=5D9G<>>27A4;.5?G8@C7<;;C6>>8D>=62+;;>D7D<??GGDE<@C:I747<:77968G1C;?;BA@0I?@EDD<9=>=>=;DD;J;E78;BA0??AD?F8E@7?@<.9:;N=B<DA8C;?A<H9=L=B=FJJ:=;9:1>=J>:>6@4D<=8?4FF==CA?GO;C@=E;:F:DC7?@8A><9<AK5;A6E:2@==C@G>84;>:;<3@:AH@G>H5>9F(@L>=?H@B4+E7B?1J;=C;9>>:?BAHBBU7J;56=?@BD@EH=>DB99AD@L5-A8CD<GH9?@(I;E>4BG'@6MDCB6;79=DAC7<<<H@HBDCBBFA<;>B@5<B17=B9?>>AF7B<BH4?F?E===9@<?:FG@CA=<BECC>CCC?B>8B=53BACB9<78;DB,@6=?@IBB;:2<BAA><FG:8FE@A@HBJ::H=2<CIA>?A==7:E53DC:C@FB3<>>DCG>A=<0C2FB?;FA:EA>KHD=JKDFECD>G?;I<CE8;:D??<>B;@?CH:F7I=;::;AIE=K=F4JBFAH<8HD?EM:E-E4>6>;F5;@BB:F8KF<AK@I@9EI<@D>B?=9D<F@CG7A>B>??GH?,EHCN?<7L=;>D976FD9D75A@D=OADH@==FA:BGDE>FA6=8<C:A=@HCAD/II=8>3J@G1@55IL7DE@:8>8AME97CCM@AEA4?>BA>6EC@E7?K9F;8F3=A88<4<>@FE;BC53,?AE>?CB?;'>A:E?84@B?>2FA=?,:2CEBB<HBF=I=??17;2B7>1D5>E>6E:=@D1-3;-E;AFJEAE5CBJ89M=@JB:CA;,IC<5<DCD89I6B@8BBDK=;9=>;==7I=?6AIGAHB@FC<;<:H?A;9*=5::>C5A;B4C*7?<FA<A=B;<CDJ:D9<>-=8>CA:;88?HB>CA8;(@38C?</?7FC=<<C><ACC/>CJ:C?;??26@>?8=IG;=<==F?9-659CB=/AAG@><:<@5F4?9F3<??C>@;EC:@0E269=,K9A.A<=A=90>?A8@DF>BC7FCB?B?4.:9@F@HOH26)?QD;;CCCAF@:<?=;=?>8:EDABCFC<B5DH@8<@@F>73A@;=@D23;@JBA5C<>D;G6?BA?5:ABAB0?F<?C>AA8:GE:;;?@D5C@D9=3H=;G><9>=B3<95;D8F=?B@C<95EI::?C-?==H>P@;8@A;C-C>8AHC>CJ=@DDA;HBG92/C6@:<B;IDG<>2:=B>A:CA;:?:7697B>?DJ=BD60?CC3GB;?B3@83419K;=?BDCGA1C<<I=6>A@A<@4<9E4?:=<GB>A=>'81F@@@59@F=345<0:=@AB1?=;::9C37<3:B9?97<0>=>E=3>@98CE+;:A:A<@=><:C>D2?6EC7;ED.F@>F;J:<?AGC3;C?DC7@@?6ACG>9ACFA6>C:=F<;?88:C:?>:E<B3BHADFEE?3@@AJC<7B<C?I2+;<@>7C-E<B;>;8D<A;1CEA=DCKA9AD<@E;,B?>A8A<CB<;DFA/6=?>H?*K<?BAA.AG;C:D=B<3?=B8<H;:=89=C8@6;=K><GEI6=@>==68=;J>@=G?>:??@@>>?;5;?B?E@8=8B?F@4@:@<</;>G?>;<H;9@C@B@E:=<D.>31:??->=;A?DC?ACH@??='B:BIADAD;GG:GG?;@>?3:5:@BIL@GF8D>:BI?@E9D;8EEA4<K6B3FD@BO:<=HAAFF?4B9DD?>CC=?:A?H@4H?;I<;;C?162FC@G7@@FB@<:2B388>C@A:DG>A9/=:D3=J6'AM9C:9;E68B@>G>;=9A9G:;=?G?A6CA<4B3<C9:;G<E===<-?8HB7H7>D?:CG5BDEGCB=8H8?C:C<>8C<F>8<I;899E8<5?8E?9EA<>2?7=<GDF=BDS==A:>:I<>LKA;AABHF>:B=5C=<<7K><>LH;?2<F@=9?:94?H2=:6=/?<D88D9:B5<;<:F@>&AB9:76;?B?G:-ECD9C5>>@9FGD@B>A8=E:A;7J@FEDAG3E<=D8JBB>F94D:;ECG=J=A;6@A=B;@@<G5;BH:HC?D=BK=BG@:EF@=;:>E<>@B:D>DC<;BB0=EG>=K@CE?H8AB@I>B;FBD:=GI?BF;6:>=>=>=EOAB=,C@4A<5DGH=NSG?FD?EAB=CDD9BL<CFF;?DPEHHGB?E/HDK;;A=BND8>=C>=/?;A?L@CECAA1E@>GCJD9>@9J<@ME?C<C<@D;>6B@FCC8BJABC<918BC7<@E97?@EDD:@4DB=@8?C;H<.???E>65:7=78F;EA;?A86=G4EHA28B/<@C@92:>F73?91E-7E2E@D9B?H+E?DFB:;;D8<<>>LA28A42@C=47?863@;@?ECA2<96B9F(<A;:6B:DH?@B6=BD;=BE:94;H=8C;=;+@;<@FC=8N>AAD<G;>DE;?8?;CB3>?D3@46B@@=9;B?C:8?9*=7<CCD<A2C>=D=C>A?;;?9<?=BA<?7HB=D@<2B@>E=@=>A9<1FE8AAEB;ECC2<5?@7=C<9AE;6G?BFA??A0/G3-?89D.C@=;DBBI>8?D@ID3=6AA)D==BD>:?B>>EHA?C?@5C48;<7DA:<:?><=A<=C<9:DBGG:<7>AK?=>4A3?9AB8I3=H5?<B1D;9>@@@==A=:?A1B;984>9B7;-=0G>?46@E3>C6;>;=?,K7D>(<;=4E8B7B?3?C:=@<5EA4D?=BB6CA>6=J@E.5?;<H@5DB;<34>GI;?@AD>?CAC=>95>0:D59;<;D?@C*5=F=D9;B@99D6<B=?@;EEB:@E,D6//<A8BF:A*C8A9>@<<F+DA=.98IE=6332=2>6=>?=<:=1:3C>03I9869F9B>>D.3AB:*87689486@?BA95>.EC8F;:A?>H>ADA:89H=6E9BIGC9;C.7>AAIA6EA;C218ABA8B594@@:99<<;9>?=@DBJ?758AH8=??88EB99D:4>C=>GJ@E8/>D?GA5D:66?7:<77.I;G-6;5F@@H?=L?B7:2;9E<9:@DF;=:?4;<ACG=;;E1GAG98;D9;=4FA?F>98<88@>6DBE<@:@?J:7;;=<6BF;I;;@@I<9ABD6:33=7-;;@A<24@?9:ABD1:.5;C@B4=J7;)4/;E?<D<BC62?C85?E<BA@G:=C7K=:,@9E=@B5<<H;@<=;>=<B@9@3D@?2=AA:C.1>9=;AD38>@C?;;B@2CDE::=@75D8C??G?9??:921E=?C:IB+.<.BI>?C;I>B<<=G=:9@=AG6<?99*<27?=4EEA7:?9EB8=?>D>AC>E6>;=@F@?A?:55>>7:3KAK?A@;>=392=@)1A@=;;C@B?GA?J;@0??@/7D<F>=88=>;<B2:2;8;I26O46F<D;>FA3)>8@;C7@D2C?/EC?:>DD77EA:?:D=D68A<8<@9G0<<@5C=FE;=@FCB;?,A<>:78C3/BA38G=?A+>=C=:A9E;;48?,60MM$1=@3EA4;>=<9E:0??C8378A6K@C3?<:F=A49;@?3><G>9???;E75D95G7A:?A7>:2?>E65F/:1>H5@8L=KB6DA<EC?<A;:06,:/?9)A=K<?<?GAC@?N2A9F;>H@96</?@??7AJCLA78CE?856D@:>B7FBAAE9:8@@<GC@=;BIDB;1C?GD5:DB8E>@:2CF26B:2?1FDB>37<H?>:>93I@D?>@0B0=78;D@9<><A967=6;9477?@8B=C>2BGG=8@B:<8,AOG;BB6?F?5GAGE7J56?@AI@?3<?9>E-F@=A>7C.@?C;2<:CC<?<HF:;H<2D6=A>AJAC6?==<@?:C9C@;8;5&<@;CG:2B8-B?:9AEC/-6A1B:9:CBAC8IFA5<>A62/D?G==:9;59?@2-:B@=:=>>?/89@G81B<=C<99<74C3.;?BG8@E?I=5>AG:?AC>;@876A7A;><B:B;C@?Q@92><:.C-9;?EG@CB394C@3@H<3AE@>>A>:<@B>7+BA9C95H>@E->=7B25@>19@6@D-B8B?E7D@D48G;B084==A>==FA=;8M9;=>F:FE:9>;C4AA,51A8;A?;=8E7:84;KBE75AADB=3BE?>;?><=@<DC,<326@E=>;@BAE=?>>.A?=98<<<6DA@4A<>D5>5C=A9DA;G4A8<B?70:8=E;AE6FC@7;4@@<3=LDB>C>;?.J:>AE8=6;5769DB7@><73=?:5I=BBA9>E=IA>8F>C99$BCE9><C2CDA->9<;9<7C7D;@E9:F?D726:99C>2::0C/?;6=0C;=C@2;8BF;5>B=3=D<C?6F:A3H-:<5@;9:0G48B7ED;9G:6>4@@4?BD;C8@;=<9:<>CFDB<>8E>E9C<C:56;BD;9>A@6;'C9>>:6>A8@<8CB1@93:E:9E;=@;0@8A2;@9A?<A,DA2CBA*A565979D88;8==;AB>94>>9@=DD:B@?=A*86>,ED9H:9<?<@H;*>G:@B<AE7<4A?C3GFABBAD@>C87?4F4>8@?@<>D@@D2LG@B@C6I<JB/4;IC@2A9D7=C:90@@C>A4EB8?A=<47B<3<;HA?8?>C>?@7C@0?E'<BC8DCBD@@=9BAM7A2<@H8=C*:>@;C;EA=DED:56::I327G19>HF>/FDGABH>:20@46>:8H>?:(8BA?6/=.F67<=A3>>I<?A@?>G:3G?@ACF=25FB>@7:7E;9B@@(80J8E;F@5'86>C=4:5J=?=:48>@:@?.26JH?;<>F9AI;:A<538=9?8C9998?;=CE=>EBE@D=G;JCEB@CA@78HA;F=;>>J4@CCG>CF9ED49@A<)95C:?HD?9=31>80BD6=4>C?A?6G:;0FJ7A7;88<=FAD5?F6G7;D983=<G@>88=6F@@:<7B6804<4A<B<BAAA9;A49;:E=?6@<:2A3G2@<<D;56?=??@:B39C;BCD8A@;2>GE<@1CF@6<:8E?3C>6D:=8=EC.<:<:F)E:8E8@>B@D/97@:@<?=<J;CBCF<=:?==;D==>GF8E?D6=B:4EDF7?GH;DD66A<L?;DFB?B6B-42A9;;75@AA;==;89;=.@.F6<:>F?AE@FH80<<=;3>:C@7ALAE;M;?G29A48=F?C@6G9B0G875A;38CBH9><?HA>@A9>#;&8F9J=LA@?>@?3HA+8@J::K90D??C@CE5GD0@=IA;@=>G>9@A::@;>6D9D?@TBEC7D7<1<<-6=72:BB?IF?9==C:@>H7C:@:@F6I@88@?><9>F8>4:<B@AC477=5D6C@C,G=9B<4<<E?A16:<7:AA@<H?;=:=BE;B=A>9EJ0GCF/9E:CD5<D7:9:@>?3:?F<?>IC?3<=A;6;BA2CFA8360A=G?;@=@<C3>371A:=A7AE;T1>C=1<?/:<7AB5:6E=<'@7C;;1==C,:<-G<?ED>2@2./9K>;3;;76BG>8B>9AC5=AF=8=7699I@?C;@5HAA9H;>51K>99:<8=9>D>@A5?<;>49<G@E:+966AA>@C/FC>8?<;=>>AH8AC;4DA6=93;,9C?>;0@4>'B;3F<G8=??6>:579;@BE4IH=<7@EDBFC==@0@;9@:?EAAB>GA8CF0+<H=@A@HC>F:6GD6:BD2H8F>>3CHE>I@A>;C?@7>:376@&?><0:?<?=:G283<7C=FC>G<=/>':;B3,?1JDD.?A;>:JBC;;=BHE6:BPE>@?:=5@-7<5.7A=0DA8JF@J+@;E<A1FA>@3@<I??E:<?>:BC7EF5H8KB=@=?8@BA1?<A>H<9?A=1@.E<6.A/ABB;<HA>6A1:A8?>524B:9>5;-<C;>7C=AB>><:4;?5:+;8>A5F8;C;E<K4-,7:CE@?:<8=6;67BBG;9=:HE:D?6@46;9J3;4D4DBG=94G@H;8@7<==BF=>B?E59<@;9?<D@9C@HAABBA<D4,;8H:@BA2,F8E787=8B7C4C=D25?E2>B=9BE93A@CGA:3=A;.DC?F6;/;=B?AAA@?<BE%;@C=?B@7=B<9J;A>D@GA?F<;1=;2:;;:><E=A<:?8<91>D;AE8A3I>8KC?>CB@<H7<A>@OH==A5>F6->A?D@>?=@JA@H8?AB4=C66:AD?CGE9;8ED=1:72<6C8?;9@?;F5C83:@@F=E@:>EB68<B@B<9=>D=<B48=<=7;<@12:>?DCBAB579<BA@<1?@NB9GD?=A<ECC;<B7<=A21;=5E;I,E@4;AF;;BB;2@E;?65=0A;@=.7C@<;>96=:45>B>;:IAD@9@>G@<-@BD==7G<;>B7FED<-?186ED9IK@:@5@@CD9AB=D;=2>K;I;<=>O12>9@?C77>CEID75<4B9>96?.D54@4=878A5;F:5?1:<=6@9/E6=E98?5A@>5D453DABF<;?9=C?9?>H<:0A6<=B@BA?@CDB@B3EE@E40;B@4HDC>?@<B5F5;?7M8;<@F;B;D5A97=;IB<=A,=FHC><:2DC/<?AG2@E2>F5=<7D;F0CEAG46DD<E;?>=B>=0@E?0C?I<=GNK?AL@8EA7;=@KC@:>98=B=>29;>9EA::?8@8D=A5C=8?A>;<=>E77GB<C@A9.BDB@<C>E@=8F>=EJB?<I?BCBD9@=>@:;G6?=7D<CA@EL8E>:BH0F?@;HD4F-=E9;;G0>JCBAH5:;;D?BK@@4C8D5?AK86B<@>DDLF84?3&=AI7-C3C7E<AE==BBBG'F=>JB;IF;=AGFCA<DAE>@9<5D<1E>4F7F9;)97GB>7?DC?I>ECCGKI85HK>@9A5C;CIJB>AJK36:@B;1G;9DQ)7/?>@C:??AL=8E;F=F56HE?OE<D=01A4@57JDB0BF9=A@B0<ICAA?8=59DFL3H=B55:<>9C46F;;177@D=<C9;J:;A>JA>223F>3>76;;FG<2D34:<6FFB=CE<6,:4><A7>;;C;@9;?B<@=?C5>=3>>:8.:?=ID5?@DC>AH>;<<NC;<A+A91=EC7;?=.3>430=E=H??AE89A88B9@<67F=D9=;C>@D7>CDJ@1;@DE@>@648@A4@8=<:55=:>DE.7=<>C<9H>;>I8H+AA3CD;:<2<G93?BB5B5AB@<8>><<8<<?8B;<F=5@CF??=E?9*D:A7>=7?;68;>4E@C@><:99@A+=5J52F=45@==@CH=?2<:C@;I#:<E31>A57LB5B;D4<C:==I?H71H;3<@FC?5F9=;@@6:79BG<?BB>D;>4C1B;C<=D;C16>=H==:D52;+H68<37),B:K@;8B.=@8:=9=+A83D6BFC>39E:=<C/;ABFCGD=2A,<C9:D1E=EA<:BG>=FI@18GA5E?L:@@6D87E?6@2A@?C?C:4>5>>7=+>.?98B3DC>5<E:<DID65.?6@@D=C3B;,><:=?B@>28:I:F66>0<8637C:E:6B??B<.?CE><H;B>4<GA;<@4B:=F@;?777>>AA:79=?9>94>B<B.=5C==29ACB:;<DC>;<<<1A=DE@7@;AB4<<<:E:66:<A2L>>>?=H9A;4C7@;EFCE1?A;<ACEA<CA;6>J<A3:E>B6@9?J8;?>2A>C19>8:B.:D9A/9G>)D-@D9A@B>?@-6AACF6B7?;>:=>:7@>:BC)E=47@C@1:7:AI?=8??-*?;>97<5?=:=GBAD7>=E,:.6=8@CB?G/C.3=<<@E@D>+<?<=<@/;>19DJ0:3@<<48>GA@KB>/>@%E<2?7B775CE>;2?:FC:2J9>2<<?7?<BA?IB@B:@CDI8BD@:>7;?>?@FF9=F2@><K<??D@+6=BA8?FA33F;I=:6<<BJ8GF:<<8:7B>9E?BH<?3?>A<9=>A;/77B8:<AB6>E?8<E=:=3C9=C?C2C9;>G5D1@9EG<?@G>EAB@:.>E;D?G:F@8@4BD;=5>D9386?G:KCA7:QHC?>?<G2C01CGJK/@>GAALE8B.E>;B@FE?CC@@4>==:BIAI;E:/G86A:@3C:A;BB:CE;5529=D3IA-;;;A:2>B>>EB@<FC?I=79A@?@E,GA>@<B?@7;2@9<8-4<>/=@A2=@@N>:=8@=EGC<8A@86B>F@;476FB=BA?@BCBJ?@.3@<=>@AC;?A59DCH4>=:K>A<C8CCD;F?D?C=9?DF8>>D=FG6>B7?A5DC?3G?FH-=;B@>1@8>=DD?C=ACF=A?>73@37C>D)BI,6E@A;>C:-FF>CDH>7AJCNA.0H>=HDH?BKF@E398F=D5DFC8?D0DL:?48>J1?CDEL<9?//5;?3BB<EGLCC:2@;@78@B;I?8C>56..63D=17&P?D>;@D=??9AD;@?1?6996FA<G@A>>C>4BD0D:@QD39E.;-0@72;;9AB>=@,<@#:?G7(C<3?=A?BB@??G39AAL70:4<C<@A:?>:4?A<@?@B?<J=B:<?D>>AE<1G>F?06<E=A40H0;?<=667C=?9@<;6@Q::;:C@?C?$87=>A6:>2B:@A1@AF:B==7@D;G9D6AB=D8>6993A9;C0F9>4D;>7=9<<?@.>@;:A;<AA?,F<;48>593><;:?/=>&B1=?6;?<95937BIB<F@<;97B8?;C<@F@HD:A5AA>C/=@@:=<@E9<2=;9E<A5<;;AP/:A:>:AABG>@<49DA@=8?HBCC;AE=BA?7GHEF.D=6A.BA>A@;A0B75;=?CCC<:-EA8@9<4;9;E0F1<CAE8;<JADD7G=FB@<A>C3*>>CA=ABA86B9@<><;<B?H=G>54B7@3A-B86@=8=<8:3=:8>9C337C>5@?A1AA4:BE8?2>1D<B>A:C=B4@?B5<>=G@7?D498B;C9D7<7<=C>3J=@9C=@3@;D>=@:BF;<G=A@+=C<A;>E@=196CD78D04==>5A4EA4;1;=F:>7?6C<C08=@>F7=C5:<?A+;@>D>A48@A642;8F<@H4=0>4;8C==88B99J9E=6D>;EA?68;>@:4/>>67B45A?=22@;A9;>HD:=:29:?6:2E<&DE?;A>CB:=<F<1<9;N58?B5B;D:@;<<;<E;IFJ3:>@G8C.>35>5<=7A=;CI9CC=4>;E=>=;,=C=?5:6K@DA=7:0A?9?1GD:AHCC<>0FB;BD@=;CC=:B3;C@<D@@B>FC4<B?.B=5DFJ??4>F82<?8FA>G<1D:A<;;<BF8=/F=.?IF564ADCE08/:=H5=/CE532AG>8CB==8FD:3:;>D<I;C?:H@N9>>=:;C;5=9=E@:@;??@8@G9>9J@>E;6>CBD>?C=BCA=<83EA><@98<19/=F<@C:DA@=1B99CB;J>>+5756C>E8=BCA4F=D?:ED4EF>=?A3GF>==/DC:GJC94@A:B?I8HAD<@FBB7@<?3??=DD6?E=;39<I98B:=F==0=0:@=G=C?@>@C7/@DF:??8@DDAGG>>?FEE<@E?GCBH=?;:4ED:9DBA?C>CECF?ADB>2A@B=?89H4A87=8<?>;:@2C@?<974>D;:2@D7>A?E=BA7A:<B@C:7A8=B@<8E<@9CA7FB6;EI7?/4;A=C9<=@?5?E?A>@9F@I==?384@49A<E8=B8=>91?1881BC::<G;;D5@E<<9?8<B@>>,G8>H:4B8@8BA;-;A:@E>:E:5C@C;;CG@?3EBAHCB2:B>?E:<=?3<=L??9<?B>8A@F>4@1>?L<:6E6)?CC=+B?KDHF?:H:DA;>BDB9@;<0J<@EB<,E@GA?'KFCH@=CB<A0<BBG><99>D6;>?CAFGE>;5E@7A>>?:@BDI?<<B=@;/F@>:?;A>B@@AGHD1/J;6F>C>?DEA>:?DBA<:2;CC.24?C;AC=5:N5?:F6?5@>F=K=?8;A=HB@?>9BG>EA834EEHA96DE<K:>6N5<F=CCJ3BADCDHB@1B=@?7DCD5A@DB@C3@?2HDAD<,G.57@=5H85=/C>8AE5J7EC>8@:M=H?4GA1AJ;?A@6=9A5EHE;;?B:F;=F796>D>E@9>:>?6:D@?<?=9;1>A5D==I:C441>::;D>F8:A5;<9E89F@;77H?,@D+;9>?;B>:82D;<-<92DICAB:AFA><49@:F>AB9CP=DE@C88;@<@=8>AA5/E5??=7>G@;AE?6<BA75=7I>C;<<C>;H,?2=@?@C@8C>>C?E7>D<@J66H??<AA=>9@9@>G>689A=>;<M?/7G<;AEH@?G?=:?>8@?4A%?7:?<A@;<@.:9?FDC?<;>?A337BAG;=@@JA:3;B@7:D=C:5/0?D0?@<?834@9=?6;?<:0>:9F=G?845?<=D:F6J@586DB4==@;17;A4CB>GDJGA(CEB@A9@8@;8;77@D>?5<<<;<99CGA4?=:A@5@6D=<BKDG5??>CB6FAC934=B929BE9EA3<?:A6?BAA0DEC<C99@?=C=67=%?E=G46-5<;B.1IF3,44@1:>9<?C:F@@B5=@@I8:A?CC7<I9?<<GHB>2.3BB*@DEDHF9@>K4B6C=B98B?>8?7;>>36I4>?D=@468A6A:=863>,?77:9/E=:=5><:<FBD<CADBH7880A8799=FD:DB?>@1?H=3;;=BCA>:?6F4HF;;98A=?A:=?=@I8-EGABB<7C=<=<3;08KF7;?A8C9:8@6=C<5BD>F=AAC4>G-=B@;AG;;=:@;F:DG<87B>://=A9AB9@;1D=E??9=C>?;55=BC=>>:7/=<FA.B9?,8?4B<>;@.D=>9:D?;CD=D;C@*D?@5A99=H<?C1/2IH06=AN:C1D><;A;4DG@DD?BAJ?BFAC@8A=?-:@F>CB>B==9:8:3CDB<8CEB?<=<?AC<B>@B5>8=BD=@4K=C:F@+==EI6?A@:@CH@=;>1;C4<?@E=F90=9<;;?FA<A=@:?;L=;>9=9CF@B59A:EB?>EI>DD6=5<,>H;@C9:/?C<@5@A<:;>B@2=B:ED:?:7EAD8IF<@B?=I9?J>6<=CB2C?<E;G>AKC7<A>7<=@;>6::;B>>A=C6<AA>@4:@>9BE:9:6<>=BEDB;09B<@8EDBA66?==;ILG1?0:C;?J90D2L@F7CSC6JCFHDB&A<3@E;>G2@93;AD;C19>A;:54@ABFB?:DF=?.AA>C8:A>>@?9?4GA9F6=:=->=.8.>AEBA<=G7>ABE6KDD(B:AJ?5?=?B;2EE99D=>=E69CC:0>?I=2;OBCB;R;49;@F=>6=5F9@4F9;??B9F<N5=F8BB88GABMG:C:<=G2?B@=B=G5;>@>/B>E7B8GBD7=E=H>CB><<@4J=3>;GC;B<BGA69EG0<GBEC54?:AA9B;DB=<=385E4L=D;@J?F=@>@4(9B6=7@=:;8@D??=?7;EB>;KDGGG1D;69CC>AC<>4EJ=E:G?D67F8*?>8ACFLACA6>ECC;A5<D75>K>@4J69?948F<@3A@=<EB4-I2A5A;19;7<@DGF=3H>;7>;-6A@::C5>;HAE65=CA;9?D59>=4?@DK:EF@@D5A91:CD<<:=>55<?D?F2>?>GG3??KECAB?>)B4D:D>AH3(1?;>/3B7@27G:<<<A5:=<B@/;A@=A(FC?6>@:?8.49848861-<;3;><>D=;5?BJ9?:C7?B9>9A;C=85E8:<52=>:4=C&<<;<8?3-C?D=3697%9:<3G'9:4BCB6@069B0M>9;A;$H=>6=F9H6D>BC=>CCA?=8:73>;D2@;<B7:<A0C:A@:;B:=?7<BGM?0;F.=58B<H@@DAL<>:E6?@@9;9CBDD<A?A7<2A6@942H9:1C>J;D@<7DD>B==1,;@D19G<9@514;?=FB5/J>?BHJCA=G=D4JE8=)94AB=2G@;C<D<A@1@=5G-<6=6CD>D;42K:<;=4A5<76>>M@:78=A?:4<@>D<3>3GDA;@>2;A9>BJ<BDE84BH8=>CD7<8<6:<CB=J?:A7G.>D9@D@=>D?A:@0EO7@?A$CD<DAB=D?C7F>;;B2MF=>BA;?6D><7>?8A?:<G->C9BBC/7;C>FD70=84>><5<28=E946@FICD@EH-@,B8398E8G?AM-B<@>G<;<4C=7;37>6>?/?;<C0==@8-:7:@5;@<B5H>=9A@?A32@A6FDA37=67GC@C7<:B:@7>><KF6;6:E>K<?52C:8>/A763?9G64E>?:=:8CD8E?95A;(@;=3D;C7<5?;9<>CA?:@0CC>5@6@A8:@A>2;>><>=GCAC:?99>79>B9=C=:F/GA5CH8F=:/>@9>>E?;E=>A;8>5@B::<IE@?C=8H89<=C?=?F>A9H1>=<4:AHA97CF=A<;DC>AB.=6@BG/B67B7@=/AB<FD>9>CCFD@5>I>G93<4B>B;=BA6EAC@4<<=<><<7H>:J?FG<D>?A9I-@AC69:AA?ECKB6D=;6@B:<@:G0DM;@<DD8C?+<>@2=AFA>@E=@<C@.C;9<CA;A<4;=<@C;BFAAC=D9GAE?;@CB@B7C7DA=;?E?F:;HA<?9:2A:6@>:C9;?;@?EIA48A>19:EAA>8AG76@B=IAF?DD>BC>EB:@@:@E?E?8CBEC3O4GBA8FP??GI><;CL:@@C6B5*;3:>AB-?<E7?<@8=<A5/9G352@?B?>978;E;9B8?4?9>:CE@><8DHHFB<997@FI@3;F2A6<BCA;?<;8=9B6@43=>=/76339J<2=;4@7?;:@A?<48F:896GE689C6?@->>B29D<8A:3;DC?H=D#CA7@F?B@?7F>?8AF9<B=@;9B?3===>:48?1<EH?E7DEF4CA?@?F9J<=4AF:8J56CB9B=:I;:=A;7:F45M=@@>=C;7==D659B>A@;I@?B=A>8/<:;ABCE)AA:1;:EB=FCE0CE<7A>9@H17A89F>@=3,@:9>?BKCIC4/;@A8AE270@56<L68<DAHD4?<58=>@3@8B>B=<KC<AK9A55:GB25E8A>@9;@EFABA@AF>C@.CEA::HF8A@5/?A@F;-D96KM7AD?CG@C?;=>A9F;3DFA6B9D82F?D979=M8F><@I=7F240BDF;?719DD8K@;H<B<C51=C=F>8?>C@3:JBCC<;99;?;:I9<FCGEA?>B<(?3F>E:6:<EF98ED?:<E5@??A9@;?=9E<=>H@;/;H??G5%MFA6>6@6H9F77:4EADH<BB@AF@A3;>F@8</=>B<9<.D;6<<J>?AFB-CIF@49??B51F?IG:@:3>5B=D;I>D589A7=@9I=E??3?4D89D>=F;BJ=@@>>B>D:B6F@A<8=J@0?>@<AE=;8D6MD<>K==33>?/C;CB?B:D1>@A>>;C=E8@7?>;8HAB7+?7A;B31B>8>8@AA>#5<29B:5@<:>@EI9BG3=<5CF<<CDCF<:=<3C8=2=C;E;DA8<>58?B>==G757:>5=??H?-B+:>=A7<6>@?AD;2<AD<7A98C<;F?<H;9;C5>;DA479G>H4=??FJ=AE>BB@EF=6DF>@@<:=FB@?<>2GK@BC>AB=4EB4<8CB;F@G<CAAHEAD4<FD@BF<:LFB>:?<EBB8/K<5F=LHAA:F@2<B>5<:BG8>J<:3F41ABE:>;=2CD@EF?E<<?A=@>A=0C>:DG;:>EA80:=A2E:A==A,<=@?I;;=FC?=G?AD;5<G-;?D?D7BF932:8=9A@5@>F7@D:?2B?8-D:9688='6,?:::=-;>=59E=KA@69>?9F,A78C?:I:E<B9E66C>8288@@>484<5,>?@4=6DA<18CCF99DE>9AFE:->;H<:?>7BG762;D64EG9E?B=,?BC6D6;>9<=BCJ<A?@GB@:LA1?'61G9ED=CG6B@?9D@9<9I8=@9E<FB@7>9CAE9>A8E::6D@):8G;=GEC>>?96CE<BG<=9>6EFD.;59H;C:8@50EEF62;?F<BC::=;-K?-FD1:DE7D?8:;9F5F@4;BD?E7A:<B@G;37=B<<7G9@5DBAA<A0B58?@F@9?B<:C?5A>C@@C=9C?>G7B>=AG77G*?@F@I:AG<5CJ?>B8CB;9;C<GBF9D7:K>9C@GD=:CE.B?>J:CC?>FE;K>AD@;?F>GB.8G?2@DC2<ACD=LGD=B64?@;<CF<7C?><?FA.DC??F8A>(DH=?F=>8A9E2>G=AC36<<=9<=<=@E96=6BD47<@@5G@>:0<:-6=7:F85E5;;A9;4K<@;=B7?A3A=B<5A@0+>A:=@;?7;=:9>J85@7I/L=C>?<>//@;DAE3<=F85>-69D8?4B><<B9D)@@:AE<6B(>@:BC<3<8>4@::A7@FC?=-J>E2D/?69>B;:@?18CGC=<=E?:@+>7@?@?BB86<4B?AAAA34=9B@D993FB>M;;=J7=658B9?88?5=K>3=:9E?I@AA7>@<?:=FFH534==B=<>?>K5P<?@;=BC@G@@L;99?=CI;?>D?=>>DLBE;B>FH.=<>BG1REA8D>AAC;3<G959@34C?5F?=BK?<<H@5@FGBH<E7MD:K@BC=JCJ;@C9@<5GDE6=>=>FH+7@;5;H;>7;<&H=2:<E=:@9<92B=3DA@=:@AB<5=9/6>@@D8DED=@=1?A=A8758K/DB=9A9?<>FEF:<<5>B;<>A=2;:=<=CB/7?A9<=?=?CE;BAC=<DLA>F=@C;@E<8?;@DE::B/>:;?F@L49ACAC=:@>G<=%AAE=@:A:;1@8:7JH>>G>F??C1)F0<9;B@6=A>BC>3GHAND>B;GB?<82D670??8><0IEE=8*IF;E?G6@;G;;0I:DGBE:8ACA@B7@<E>@BG5BD3=B69;C@3=?;@>3:AG77D>=D:5<1>5K@<>'B3?@3A@=EE=3:B<@8E?F@><?1@3;=;C=90?=;+<?M?C5;3>BAD3?95=:B.2><AC03A@C>D=8DA7=K@>>69?A;=?M>AFBA:B;=>CC5?<CE><><G5BB-CC8GC56AD;29>;F>>A<I9HD?>?8A>HA=9:9A;DB@H<3;;ECCE3>E=F>EC=;>:A><2B>D9CH?D6::9A/B=CM/@<@E?=-:;CCA;ICABCDCGC+=93?=?B<<@B@7BE>>CF>@IAB7F3A:B4JC>;H=>A<EFA8IGE?>:A?<JA;@AF3B=;F<D:<ACEABB>>:GD7=4>E99=88G7A>A;8AB68?:32:==CE<@9BB60@9C?<?B?@H5?3<0=B=A<>9>2;;<A8*@A8@;=;<9=:76C:@:A=<HD)<=EB9.>G.5E>==;4:6=<H=2=DE=6;:+7+78F65>4267G<=@;(<=>D7:8B@9;,5>@C@CG69=;A1G4D6::A>CC;8AC@;?.A8,05>7E>A==C?4:DC>=BDCBD:AA?<G9G>DF59D9@CD>@<B;>E;A>>8:==7.<?D43?@>DC;G10:;?8?@3G7H>7E>C6B??;B<>?C45:E86:9@?>C@4K<D(?6.?4=B;CH4GB5A7D-=>9C;@8;<B<=@>@F???=>1><03>=BE@<<813<@?;A=A?8?5+?F@@?@<A;/?;5F/@A9>=B759=>0@C5>5/64@D?6;:78D<8>;=A4;BJ?:096><=@?9ALA<=4AACIF@>7EDC;=3A8<@;A8ACGDB9>=N?89?FA>C?,E987:?-?H<>F9=CC9>I:<6G>CD?@>@AD4BD8:KHCD=39@?=3<3D>FG:=:8><C7D>@8B<B=<4B3D9=H?=4CB?9C?<CA=>@?F8<7G7:76<A?A<GGG:A;<8.F?2@49=;:A=EG<>>8<;?BE?DB>;==8@@AF=F@;>DC?D@@9=997DAF7<B<,EHC>:->;D>):=<EI:<<<6E?2D>G??6=CGEB:H??ED59?<>EC=8EDF<=:?D@BB@?CE<IA<8DA??E:@IAE9B>K;:66<;D3<BC?@A<9A=8CIB9@.=B@FKBBCE<9J?=@<?@1DCFA:C<7:E;A<>>9?:D934-I:@FF?9EBA8E?CG?EC*B.9==?G9=@=>6?A:@=F>GG?6=E>BBACI>K*9<;:98:@9C@LFC?-A5BHIE?P9;?4=?@D/D;>H5H5CG@8/A?+7>>183=?:BA<7F=E=>@II=5;4C>K8G-;AC@?=EBDAE5A@=@AEBG=@BEKD9:DDP/DA@@8EG@CG3=>>EAA<E<B>?.?E;A?<G=GFAB??6>D63D96@BIABAC>:@DB=D?E7=I@9@>@DGID<B>A4A></IEB=QDC=@B;<CI;@IAG<J=B<AA@EFE2D59@7A@E@59C9=C7976>B5=/25FC>@G9@A<7@GG@I;>BCC%@?A?<@<@73>?F:9>9BD@D<AD8@<<4C9<>:E>BB@?=CA@<9'39?K9C;43?B@J>>?A=5>@B@D>7;E@F=@DHE?6D;@E<E6ADEG?FCC7=DH9E;4=<?J@E@G>G6@=B6@EC:C:CHA<;<?CEC?1>DCT?9AB=D=A,C0@2?B?B;3>E=@5;57:D:FB4?5?B@D9H:<3<>GC3C:<D;C=-,:=<6K=@=55<G??>E8?A?A8<B@B6;>5DG9=>;I?CAG<3@B?CA>:C700<@<8A>7CB=C57!A.@6GJ@A>>87;B9:??EEC8=B?7<8F><87<??.A<A;9@D6>A=2AD7@:6I=?97?:B6=6:-7;E>C<9=DC7@<=<?=B/??7DE@>C@B;>B::5?D?7+IC5B@:>.?CH;<:BK<@9:?6IG;CEBD3=?95=;:E?55=A'I;*AF>8:@0HB<?96>A??79D0L?<<D2:76B1E<,2D935HCE7:>5@E>5A9A:B;?;=75C?CD15?<<==D84HC8B2/8D<3>;8;<3:E55;B=J=L<=5?88>:B;4A9=EB?B9?'=CC==A9;@@B>E8;=89B86@7-<=<B6=8A<??D>A@<D=+DDA@GAB?C#9H7;?K?;<9;J<4@BQ<C:>84H4<IBD@9?DB:<B=D9:BA<=7/C7B@BA9>>DJB:7<B>E5?<<G@F@A>5A;BF8A>2=6A1B<?G;;:=DG5=;=:AF:C@7?B?@81;<B@C;@:<EBH>=:7:B;92;4@;E=G>CB<B7;C=94C=F9.71GC9:@6)C<FD@<D<<=>94CKE1<@?HB@77=B5B88=B<O1?;C17<5;9::C98=;382@BA;,A@?9?:@B=<<7:D:==E9369?=?C5AB=B6?AAB>7AE:1BHE88>1B2+??>AL;B<C:F=59E@ACF9=5=@D;J>;F<8D<>@@G9B??:B>A;3?;=9J4H9<D?(=E@JCE=:B?;=;3A6A=C<:982@<?:A-;83:;>CA=>A69>A=C:F?AB6/D3D</95;6H:??B>>:A;C77=@=AF:7B9;F>ABA<?6D=D=@=?B8?B8C=<<8=?A:?F:CNB9@FJ?<9E?E=AH7:,@6BG9<<6HC<5>G<6A;?C@PGI=36E=?;?:?@8EE7D<EG/0E9HG>1;G@GDDC.=<>73<BB>F<G.?@;;@C;1@<AALHF6D>AIF<==6==A5G6@=B49>NAF>FB:?CC>F?ODEG.ILHHBBG:?=1?<=@FP9?A6B7?E8G3B@D;AHH;E6<@@;9BA9HDACHE8@GCHKCG=I7<?DAA28D9/;B3F?AF7>?4=;CEAKDC<B@D6AF<FC4<C>FA8A@63<>9C?D@8?GI8G>6?D?DB9AE?>5IB5F<CC79?A=@2/EBA:@<<?::C<C<>6>E7?:<=38G>8@BEA9/K3=>E.D=<D<>9=;@LACH9:CGAG=FD6?C>;AB=:E15DCA?D?HG???7GHAL@;4<B@A8?F?DHFBB@D=>HE<@C=@LB489?:??1D5FC:<>5;=<1B>MI6=9?>9>B@B>4B?A;=>-;4@D=;9BIA<A@:8G?@22?=<0A6?2@HAD6B<9;<7JEE@5>90<?=9BB:?A3=<;<DC5FA6C?AEDBHHH;@?1B;H6===1?AJFH>?B=DB5;@B?;AFI4BGA?CL08>O>7E36@H>:>@::<?ED=II@F4FFCAEAF?@BJF8@AH:I?9AHHE7BL?<BJ@LEF*A0=>?49@F;G?>BA9D7D<6F?7E:;CE=<AB<F/?>45@:F88?A=;1=7C85BAEE9A@???A:?7<3@8>=B<:B*22;.D-==?96>;?;/?@C<9=;=@H9A>@>-<5C=H?DCA;>7/BG9??F:6@98EE?8H5>46@4?EADD>47>A8;2AA=G809FDD@4A><?D=G:G?EL/>;?C?C:<=B.8A<7>:IE43?9;6:?7==CA;B?<=>>=<@=.D@:7=B=>?ACA<B29;5D93=?6EA.ED?D:B>:5DAA>G6D8<3?9,@C@,8J5>@H7C;A=BF94<:?;FIA51CA?H0E>:@K>B7@9?G4>9E>4:5@95@;+:7;FCD8KE;>A;<C=@C4/>A@D84?EF=8;:>B?+==>@?=?CB8B;<FF@;DE3?:5<@=<<6;-H5@?7G9@A21=>?F?AH>69EG=GE31JH:?1DAA-A6DF>F9@A5:AF@<CE9<=?@62C=>DFD?K>D@<CL>M9;@A73;939E@E:M:><>B89:5254C7::=@8>=9?=1=:@D@A9G1D;A>-=BIAF=??<;ACC=9=EG;:<?@6E?BA@<C6<64E<BAAB;E@D>F?HA@8@?1=H7B<EAKF=8?=6>><:96EC09=DC@3?>=JD=D1:??36D;CB<;<AA;1BB:@79?B;D;FD3BB+?DCDE4A8??2CE4CC>@26B7=CB>@:9A@:<>;GF;;>JC??+<98?B<>FC>=J;7>:F@?KA>C5<97CAGG:?CEDE>5F<CA?=A?@>E>H5BED;DF?@CB=@7C?&6@@A9JC;?:>C@CD<<?9:F=,J;J:65)=9?==9:4<@;A4B?A@;=B:==>CGB7C<:<E2<CC8@D;=5:E<==K>=ACPJ95>7B=C=7FG8C@>F=7A;;-DDCD9CDEB8<C>CBEN8;E?<<@C=<-<@<B737E5AH./<=DAI8>AB;FQ@F==ABE:2I4II=:?=B,DDI=@3?5CF?K7B9:?A@G:84-1?3A@=>>D?6F?;BD6A5E;C.</CCBF@HA?A=>B?<@=B:<EC;@ABIF<9@A<B6>=0?<HD@>C;<>A=B:DBI94@E><7BE<4EA<AF:D@A4369;E>;0MGF/97>D9NE<A5=1;DH>CA<G?>A903:.?>BB@@DJ=<=6653>4B?BDBCB?B:DE7G@EQBK0KC?HEF=A@8CED?9<@<SBH4C@=A?E;DB?B@KJ@@0.1@A9ACH=DBFH@E55C6@833CB@;D=L6A1:7>>FCKA845H<DA>427?A66B@?C<<J=;;=:C=:@A;=E@;@,I?H@>C:9IDE7?:C86<C;KE:<:E?E@5B6?F8G@B=65F6@?N@<@I<364==A);G38B8;>H==986>A3=;?6>9=?/E8C<ECAE<=/ID<92=?F=@>>8D9:<==2;8*4>;>6><(A<@B-85?F7=8GCO>*-1->E@E97-<AI0-?44<B:E>@=C71<E?DA=</<6C44A@@5H9D6D:+F9B6BK;<@A:<E??3:H?4:@9>;A29C>@JGBD;DH@=GHEK<GB+C;D<G5=A@CAE97D@.A9@?F8/D@@E9<9DD9@<<4<C;EA6?6><=?AB;A<B>C/<7:4D@=>>@A<1>C5>3=7<9?A1=>4H>D<@D<@57D@:D@995@:E7<B7=8?@=C=9@C@,<6@>@97B6?>9?I@=@4.HC@?A>9E,PC:A4@<B25C>?7AFA?8><CD@>CEK>8D@6(D=?B@>@1?C85>DC=8D:H;>=B:4@A8=64D@F7?:<<D4>C1D:BG>86?A8=E:4A70@GC=>6H>C1=<.;B+FA?9==B8:D6A:=;@>:AB?BFEAB0?9@8EC9C77;5=76>:B8>>A<=8H>.@E98A=794>5C<6,2C@D8:<<D?J7::?@3<?;<54<CB8B@A@8?;?;@C@8=84C;7?=?0>><@>BH4===@3:>7@7<3IC>=8:A>4;2@BH97+2<9C<=3=>>?>FD<<B:?DC1=D=;=AB@9H@A=<@F8C<A<@:><@??C;B<@DA?.>F6A?:GE>L<>BF9DEFCA-@7H7@<9=??-IA<BE=C38AG8665JA@<A1:<>IB=BA7E5@<3@@53A0@62EB=C>>:B@*9C0A;?E>;9@<<@CF>CA9H>4GGB:D6?9@@=D?:H<><9C=BB4>C;8DA7B<5A?3BHCDH9@6B=?G@FBA8C=87=E689B9@CC;A>E<<F?*5B7DKDJ5<:>C@9B@5:AG<=?>BC/J?79D<A7C=65?:9DB?C,E65<77<::B:@@@E:ABEB:I7?@DE??>:@BEEBC==A;C?A>IBE>6@@B6?>G<>3C;;46?=;IGBI>D8>G9J?8==A>;>:7N3AFA<@?=9<BD>G@@7DF:@=CAFG@A>64D49;C6@F238:@B=F:G??;D=D:8>:HE+2M0@2DF??8A69B<<@=9<B>3<?<?9E><GBDB8:CE>DB;D:C>D@:EC<>?A@9;7<;A4D82>@=8?F8@ACD8AD<2;@?4BD@E;D9@34DE70;<3:G;4<>AD@H@@6@?D>6<2JBNCDGAIB>GC<FJJ<CD=::D9B>9A><@>I>@:@AB8:>D>AC;<=??CBAGC:BACBBB?<=H9C;HJF>(CC>>:-AAD?AE?@C:?BAFG?DF8?>FFE<:IHB<E?=@DCE=D>27E<=?;,C/CB8::;:1>>4>,4@B?@A9>73A9;>=CF2:@>C@EK<M51F@?7H5G7-6@98@>.A4:=1<<F9FGCC2:HE;@@>=@72C91E=H9>.CA<9;:944N??KL8=C2D?E4ANC>8A>E??>?)>:=<CB9>E<AI4/1LA>5B-G5;A9=<,C@=9@B;I7G37H3DB>A6A1>5;7F>CCCC?3>::QC;A>F@1>7?=AB.7EE<1@E/6A6293C@3/3=.B1<88B<8C5D466F=7+@<2C?G/<B36/7@8:6>@=95?JD>;8B:8BF;3<7H4<4?9D@<=A8<?ABF2AF@C=9GA=@=B@;::9<L@@9=B&;8D=7:CE:<:H>AC?<H9KB>BA77G@9>@=EA>AI>B:DD*EE;A8DD<A3B->;<87>8@:6FF@?4J>9G?<9C=@I<1>>@9?0@D>1CE5<6>@8E>ECDB<AFEI6A=3@D;D=F(=A3>>J@6B@=CA?PDA3<9<E48L??FAB9/L@1:F=>;=@AD?CCDH>E>5@2DGHF=C<DC;?=;BI:FH=E,DAC=3>H@B:EA;A<9;<G@8B95.(8=E=<@;@;EF>>@<8A?=AAE)G?:E>?9CDA/4?@F999GA@A4:=h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`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�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l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q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lÿÿ�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`ÿÿÿÿ—C?;ID??EH<>@D7B<DJ9?@:?AE9?EEB?G72JE>EGA?Od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Ãÿÿÿÿÿ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zÿÿÿÿÿÿz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¼ÿÿÿÿÿÿeKCD@A9?5>30EC5KD;A24J=C98:@B@AA@@A?;B??0D?F/B/?><A6=0;HF6535@BG<:D.?G?7@JH5H;?5CAC8I?EAH@=<D@B<?<;D7A9;@E>A:BG@;J2?D90:13;>ACH@>7?;EE;E'C>64<>7F;5A=D>>8<=5?7A@5@36@A3F:>@E=AG8B<7>1/;EDB?:D:H@>C<=GB;@=IAG268C@D<8E>-<9<LDDA<<GC<@=<;/D=CB5H>>:&AF4>J7/?A>?A@>>A:=AE@A:6/A7>C9E2F+/:?>8A?BA0GF<59H>=BDD<?EGBG=BB@>9:A4=:GD8C/;CC7:O?.A.@N49F?BE:5CEA>+B@A>CDBCC?34<<>BE<0>F:=48>E=372>?6D==A?A;@=@G4@?;>9?D91/<EC<M@9<BACC@??E=C;2:9=;;=CABCF4;=>@=?=>=C9@;;DE?3BIB:>I@CCEP>43K>57FA;;@CC9@75JC@GCD;3AF0F9?>(?B;)=96?8670D9E49<EF=1<9F=D=8?8@=>B<C@@<GC;<:?:E"<5<;<8@?E;57<EC@B8>?6CA<F>=<@?D<CF@?F:=6A7@=;@>>@?7B??;E<27=:<5935;A=CH3@F-@)=B8.B&=3/7=C74$<D;4<<;6;IDB78BF?;47>E@BD@=>:D>94A6><DH:DD897>==4.@?;C7D>F<>=96A>;>@24@/A??=8?4E4=>>4C>12<-6>-;>7:@6D4C;=7>F:;997.@B;73D?;><CFB2?4@<:<;B?=<?J3@D>39B<85@<B>;A@<-=9:A2<<;<<=:<2B6C<8./6E=:>CCB1=6473D?7?>B<7A=CAC:B=A>=A=8@AA89?C>@A:<2:<?HA=<8C@7<488FB@.A<<5C49A>>A>=9>3A8<:<2A>9<9=EP8@@=@8?:7A:7I@>3B<EC;A><6?2B;9B?82?CKC0G@?AF@C.4C5==@H<D>C@8@;E=7B:CBCBHB?G;64<?38C>>>;?B?A09@0EC=/??8EE;>9??D:@@@;><A1C9;==<4B@>6>AB=0=>?4?18=?=0>?73?G<D9<@=<+1>4;,92<8C7;=>@B9D@BGNA5AG>B>>;=<2E>C6>?====?G57>>FBID@B3D?0A:;<C@@@DEE9<EEB5/=A6//4A;2<;EE=>B=E9?C;6?:@@E@?D;CC9I??<A;=8A>G7=6E<F<8-A<<B=@EF?@?==DL=@C68J?925A22<FE;9<B4:9H49ACG>DEF>9@;9CDB676=74<;H6AEDED.G:F6BCD7IF:=D7C7C?K<B@BABD@BDGADB@:?B<@;EBC:HH=8/G@1>D>A?2BI>DK>F>AE;A3;F;B;A=BD<<G<B89D;=?>>>@=@?D<?;CC@;@>DD;HD9B7KJA3EDAIALDAFA?O@A;G?G4=D:@4<FBC@GEMGE@FBCA<>BBIK=;4>H=@FKH??JA>;D;B8C<FM=A8;7GM?E@79G?3BGED<@B=DK>BC2=?DL9?;@F6@@?EI=;<75?E7?CSFEBGMÏÿÿÿÿÿ¼YADB=GKAC:F@>>@E=BA;J6BE?@@F?CF66C5=@9;C<E<;9E@B?BC@7F>A<FA=99@?<53><7?B/;ECA-=7E@B9;E:EK@@>=?FJ:GAHC:B>:?AC?@@CK@5;:L;B6AC;<<E1194=K81@CGA<C>@:?C06=:><:9=CE<JG=F>EAQE4AEGC;=C>>DK8=A==C5AE5D9?:<B<>>NF>B=E<B9?;E>0@?@9C<LCF8F;5D5GA.%C4AFF?D=6A>9LD09A?=>=IJ/B==3?E>I?@I7c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o€ÿÿÿÿqEQ>=DJ>ECF7=<AF9C;4.AA?GC6>EIBCC6<F>;<C<KD76K<48@G=<<D?EG?:0=27E<5DC;(FA';F@B=BF9>BEDHB96@6=BCD@F=>EDE/E9D2A;=5;BA5?6C@ACC?D@?@8ECCK@<;=B96?>6BB?CFF<=>DC@@A@QB:?F=DEHH04?;>?B;@:GEB@<8G:E8FC@AACDIF<=BA@C<G<?6@=DD@=9@<?=B==B79@D8/DD@@@>@K;CB94>:LF>B>;>:>L3B1F@<DC><CC?La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v–•i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c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f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h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e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`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j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�Ÿ£n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nŠ¤w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w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uk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mÆÜŽ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b¡ÿÿÿçaI6<C=EIB5KF8F@C?=FDCFJ>3<FEGJ=J7A;>BC=B66<AH5>MCB5NF<BJ9CDBF<4@G@<KEFD>3?DF9>=H<A=DB>8GDH:CA??CFHD756>CB<<CBE=GBEB?EH<F=?CEEECH8EK:I/=GEBCJ6AD@<EA=7?EDL<BCD70<G:@=28>CQM<G6>BE@=BQN?H?GKJCHTLFJ>DLIQCGG6C@DB;>?KGD:BB=F8>>A9<,GNEH=<B3/K>>EO<FLJED6PDI>=F@FN6F?E>@D;ACD<4?EFCBG87QBNGIGDCECFKM>M;<NI4AA=E;EGAJ9EDI@JA:@B<0H#NA@?QCBCF?8KLQLA@E9N@?C;P9=BCE<?LGHC>9;=;C<BA@CBDFGTCH6<EKKBBBCCBBD<CHAH?CECF:>A2FEB;=@4:H<8BCFE0?D8A??D>DDCE@C58@AA@TEI<?MA;?B;>:GA=H=J8@:/@@C;E>8?@@8;CA3BDDAAIA@>.=;3B;H@>BB /F09=CB<G>LNA>3B4D@23@BCBDG=H<I:8$AE@=48;E8<>C>FC@B5/=-=:79EGFE?2=6B;BDGF?6;<8C6::G9>.EF=A8?:58=@>BC8C=G.A?;>E9DC9DD@.;DC>A)C>AA5B:>6;D>7B";B<@AG?4@D6?/?C>B8?AH?<@BE9FA;<@B:?=?<J2=5I=:=AAE@=9>C@ADB9??=AGG9A>>4<@8FBEAA:JB:<B>?A92GA=B=?;5==9:AAJ=B5D:JK?<<DB4AA@6CCD@CDFH@E68CC7DG<CF><@:BC@D7=@D>E::@<9IFC>5D?@I;=HC<=FB>;AKB:/8.H9BCEAD9CFA@@@C?CF:C>A?G=5D@=?A5IAHA>:C@>ED4F@EAH>>@F>=9=<I<?HC@E,4<2;?@4;/@?AGK@A1=@<@BBDE@?E=@A9D7@BCF@CCIAB&A8D5;?DB=;>1>@0D>?GE>:B@A@:E?BG=I>A;B;6FBB?D40E8<EC7?BA#C:C69;7AC4@9A:D=C;?;<4C13DF@=G=8;?>@80AI<FCE@EA@;6>?A@;;A?DJ/3KA5CFD7BD7A=@>?>:CHC?2E6=@?A<<<<>CCAD:0@A3A5B@=<B97=8?A:/@B7==B32=B;>AK;E<;DG@7?AEA?A5@1<E3=7A9D7FB3C:A9?=:CK<>ECC@>6:DD?DCE<C5B3;2AEDIAD9??85?F/L<BCK><9A:?<:>BBGLB?6BCM=AE@?EA<><9>=?=@5D<9<B?AB3F?H?D08>EH>C>:I8=<:DG9?6=@@@G@=4?A=GB=CB;29?@GE=0='5B9B=<CE<F:@;;@<CA@=;?2@J6=>;>/<?FC?F96?FI:?=;I=5;?@>?2>B@F<?F>=A866DA;DB<=9A9?<;4@2F=G>6=CFA@>0<BAH?GDDBIH83?4AAA7<>D=A;@CMGHEEB<HCCEE;><:>EB?F;C7DFA@PC@=?F<C6BCC7B@@>76>:?D?8?6=B<EHAFEGH8:F7B??=>@E:DG?3GE;HBD<CD785?>F>?D;<C6BG8LG8DJJ5lÌÿÿÿÿâMFBABA?MLB<C2ID>5CHBGG?DEBDFE@D><HH=>5A;F4B>A;E<@>>GEBECB;;OD@B5HC>@0BD6BKC>6AAK;DHD:CB;NJ;3<@A@E;II=>A:GCCB<MFAA@N?E:JE@8EJH46F99HIIGAB:GHAGHBAKADFR?8BAHDG@MP9H@;CH;F=FFI:B>C6CAHCG<MFF>HMSGDOAID=F>@HA<7ELH@A;HSP>DNL/@@C?B=F/K@4D=C@MDRMDD6ONECHI?J=>D?OFHB@>@>MCPTJ?DC<C1<7>@<@?DECCBDHC6>EIBNE@2HF5;=K?TMJ?BSCEEEF>CDJCH?D?J@7B<E:>BAG>KD:8CDD5NGE@>:=8MF@DG:>=;57B>7E>=BDF@JA;;@=JDH7@:FIBJ9C57MAG5E7B3E4AB4@<A>C=>AAA>H=BIB>A?D?=FALD7CGCA4AF>=DA>C?AIA@@>@G2==;@GCGLCB>DCK6A:@1B??B.*03;;8E?<F(55AJ8;=>@;?==A:B5?EB;BE>:8><LCF9?C@9=C8CHA:04G=DBK?FCCIFE96?;D=H3C=FD9H@EBCDG+EA8D9A?<=?;A<F<ACC6C2D@647B;:?EB@CDD@D>6B0M8AGFF?D?IHD>;=9@F:B:=?B=0EDD6;;L?FF>B8EICD>6:AAA1DG@AC;:?>BG=>B?9>IBBCEG>>:B;A>=>CC4DBJ>LCBCFI4B?BA>?AG>FIEL==@IE:,?E;>9=?=@C?BF?7AG>=@CED?@DA;DDI@8@E=H???8EC2B=CE>@:9A8B)JF:7;88HD5B8FC@G2C59=46=CBF?>CJ=DEC=>7C8GDA5?<E=>A;7E<CBC?CI@BC>F=2>;2>>2=3>648<021A;AE6D;=;C76?9A:6BAG=BA<E=?D>D36C>7=8BBI;9F@D@6B6<5@49@Q8/;AD=>=;9ACB>E=?>@HA:8@>AA@E>>@A;B?4>4;;9AJC<D:@3<D@+6=8):4C0?:686>7=/;9=>CD:<79B1?5;>>4E=C<7<>CA;73?I:<A2;;=@B??@847<:69E7>C=C4EG@D56AC<>@>:19FA4:@:46:6:>D;E>;86:?>0=A@8;:A?;A8:E1@1B@3?;A<C4FK67AC?@B3<E<A5:HIJ64AHNDG53@;?@@BFHD@E8C?@@D@B=>CF:0B?@<5?6;?CF2FBADB;1A=>?9;@9E>;<=JB8?7A6:C7>BC7?DF=@A@E@BI@8C2FA.E9FCBD<A7@?BE;><,9-8:<HIAAE=<C?C2@>A;8=8C<6F:K@FJDD?>1AB:@5<8A6?:E;EA?8G?6@D6E@=IF<BA6LH?AAF=KICBJE-,@HH988BEFDK<=DID>D;B>D1H?L<L:C=@<A?A@C=3EFC?7<-<G5>4BC@AO7BDBJ<8><=C5=:4GDCD>;=CBGA<,BB9@F@;>0EBDE=A=E6:AA?1E9DCF@GDFF@?JI<G@:CRA6@=FAB;DG78G:G<G@A>LGEHFEC@HEO<@G-CQGHR?45DBEE@A=>7>D?0;???==::H8FC:9BAfÎÿÿÿÿÿ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{�ÿÿÿÿz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cb†ÿÿ~M?@><C@E>>C:F;B>G80AIG:DCBABFC:M1<D=;@HB3H@BW<8?PA9EGE?C?F=EAA5BLK>BCEG<A<;CHB=;AF?@FID>@D>?HEC>I>FD?IIBGBO@D<J@BB;@=;EF?JEEDNDOFE:DHLA@AHBAE=3D9DF8`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c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`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a[TRNFGI9DE><B5C;AC6=FFH8:HA7>=4H/CD@D@ADGF?@.GC>@B>AJ@CAD48?>BJDE@?===@7B@D?CE@@78?@16B;N2@E9E?CEFB>H@=I>@@6EAA:>?C@ACDL8?B@:6;6@@4AB>D?BBH?EB:AB@>+=3@BD=FCAH=?8@D<:EF>=GFG;ACEC?BAM@;@07<<L=14;I@GJG8??A@BB<@A?EK@@5BCB0CD?FCA>D8?>7LCBD>B@?B<=;BEE69EBE;EQN>>A?@QD<<>E9DGC8F?<<KGO=@8G:0@CHDC77CI@<CFAAA:BDABFAA?:@HEMJH=5AE>BCDJC-?@BD8;9=F@>>IEB6F>CDC:@6<BH>=A=E7B5>G=@@B<>@=@FJFJDGBEDJENIMLAFNKF=;G9LIFD@GJE@>?DHEC>HHCONK<GPNLKFAAHHBBIABNLEE>EB@?FM?FE=IHAEC@FLFTINBEP9MLTDDINEB5I(HXEDC<NYEJFNLEH\L7REO:ILRODKM@.AADE9CC=1>BFDA9?AB?9CJRD:IGSDK@@9N6FDF>Q??BCJ@4@=FIFN@QEK9CJI9F?ICS9C;EOIEJGB?I7?>>P=7@G@E;LGHK;>=C5>H>2G=F<;J18?B9G>6B38<D>>DK=GH<K@K9@6BB;A>87D<5GDO;>@6ICA-+6C7:<G=E30>GI<=AK?,DAF3HEE=C790.>>?>?269<0-<BBKEAFA3><E<>4EC=739?7CB@@923G:?C?<4BC9?,<<@;@D>;H;=<A<9E?ED=1=95=BG9;E5EC;<D>4AA7:B6DE>/:C.FAH:40CAA=D?7F;><FJC>6AAEH.,M2HC>4?A-9;3;<C@?A:CO>5*;>AA8;G<;F@;>F<IGDC<B<B4B1<6FFCC4MH@;/?C;=@<??>EA>@=ID8@E=@B@B<=>F?@6@>?D25=DA=R;H=9<6A54@EGI)C5B;6=EI0J1DG=-D=E954=EB@?@CBA9A?0=G:B;@=B>?6@3<9><3AF:G8=;50D8D4BD80@A.?@<;9=4>:@?<:=E8>E=E82?>8:A=>6@.8A?EA<A;@@?H5>D@B>>?:A?;;>=O5?@@FEAB?:)E4C7;D=<@;GD+F>057;C8B?>6FA.7B8C0=8D@?;C<7&5;@=:@8<CADC>;EFC?F>45B;D41?H>A1E?95A9@:?<;B94=C<DB<C=72:L50:<=EDH27=D9==BD88B533A:95C=BIEH29<*A;=:9-?BB68?=A?===2><C9:?F;M<67<?>@HAH5@*;@=5)@A-D08FI:C@E;>@<E<CD7F=A@B=A?5GIG7=AA>2?E?;JAA@9EEF>BCGAA=A7BI><FB=B?:>CBA>=64?;@A@F4D?D?9A1C88CA1:;==EC@?>CB:<@:4??>?:GDAED?4=A.?>6+D?IF=@A9=C@H<>F=C67B9<<FCF?AC?B@@?CE>C;C>EGD5C6HC63B7B>;;H:>-5CCB@JCD?=@JEF@M@D>=EC9E9N?<DEA=@F=8D<?>>@JB*E<CGH=@D===@@B?LSX[fglsc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o��Áʱ}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ntp¬åúÿþŠUICCE.I;HN>CC@:/?D<IE7@?I?2@D@D:4?C:E94B@>>?A9E?GIA@68AG=<FJBBBFBD==MIA;=>4>G?JE8;;?EFE<9=@:CAB7@;9BD>D<DJ8>8A?@D?GFE8A<FCCBB@@CIGB;:B<4@<?6CB@>EB:IIJ8D<E>;A?@ID<ECE8>FE693E?BBG:<E4:D89?;B>CK?/CHEFD6?C>CACG>9B68BE<C@;CC:5C?HL?)GJE<O<@DC;6;A?>F:IGGAF5B6D9B;IA9;>?A;?C;<CF=EC662CE@G9ADCA>A6;A<BF@C/.@=??.GAHFHC;:/?/=<C?BH>M<>?EIEE@CB=GCIG=>BGEJEKFE>6APA><<2NENJCDFECC>6CN<AHHLEFFJA:GA>D?O=:KEQBHIABDLHBFGFE<>@CAFCBFI=@=JKCJII4D@C=><CA<IHGAFF5CE?=MGPDFCCH=@G=DBCIF>@MC=FF;KEBCAGL>JFNHCFSWUH?J@CDMWJ<>KGF9NPBAWBDXE<6CKC)IMDF<?:H>ST+B>BC@347NMI8O>=@S=6HIC<?EPQLFG=CZ=FIGFIAD>ACPID?;WQA8N>:MEKEB@B=RAI@DFIAGE@?@H?=CFAI=3BBCBC5F<<EM=J?FCE9G4DB4CFF@?O>%=38EH;728=B=<EH6FCA5E<@=DM49==AGF165J=G>GDK?1FCL?@B?;9:@<E<BLDEEF;I<5:84=D68U=<=1I<?GD9>@-AL8>@:GD:CC5A:@CJ85A9@4<76@GD@':=1>B>;>+FC?<=<B??=IF@B;IBB5@=4=C;?5=39?7A2=J?A>?A@4)?@EF1?C>B=@@A<D?B?B5C8@A:>=>+69:7@3>.C<<G=D@=?=><BH-JC@;A?A:CG;@A:>4.I8G@43B48/CB1A?J1<=GB:@A=><BA@A9@C@2;AGM9C?2;:<19>>)=8=8F9:E;>@A5>;C>@AAEFD:<6C?FEDE4E7<ECD7D=@;8BD86?C;;G@EB(?A6@H?BDAA9-;CD=>5->A?7;'HB1AAA@/B;ADC*C@@D?5:CB8AC;F8<<<D:DB?1>@:AFC:56>6EF?>@:BI=5A><DBC6?=CCBL69@DBC;FG1@?C5D@<:B@J?C?0;D/CH?>3<HHC<?6>5@=>769=A37DACI;H>E:9A8BADD@<2BFCCAHCB<A?HIDE<8CC;@D6BA9>=F>;>7:=D9B8CDD@?C?@=A;@C.I??B77:BA67D>9>6<?@J@CFA>5M:E/;(9C@BJ=7@<AFHB8CD7=8?=HD=>E?>AA@?/>=B9>=;79GAG/B;=C9A<9I;57J@92D=8D88<K?DD9>A=7>EDFBGC:A?E??>-9A<>9CKD=:K:0<0:>@2D6>=F?;?C@C/HJBD<><A@B>AB=5E;:;B02@B;C8<8AEB8BBF?:GCGBG@2C5<DC:CIE?47;B:BA;BE<A:>?ABA3@IA=IH;?=AA@<>6=;4DABB>A>G@7@A?4;CHG07I>E<CE<6:BB>BDC@G>>>@>@??DEFE>=@LBFD\[Jp|‚£Àäÿÿ×w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a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hk¡¹èÿÿÁ^^OJ>F:>A?E44G?<4@FF>><EA8G?AD?7F?;KE@AC>7/D.?OCA=D9G7;D9FJD@BC6C@A=?H=>CECE<A>E@B@>99D5G5<CAJMG;BIA:CCABB3@7G:F9<C6B8=I>?A>>E??I>ABDJ:;5@?9>9A@>NE@G@=?@D@DC74;AE96=?8F:4;>CD9D5A::>26>PH=7ECG;FNLBB=BDDDBE?DEG8IA:>=8>?BEJ?C=K<;<EBBHC>AA@A=CIG8>C37;DBAGBB@C6>FC<99=BG<4D<>FB@D:6:?<8@1H5FA:>D4G3GF???;CE26;CDBCNM@A>EED@9EAJCCBG@=E6C;C==@>JCH3I9@ACCA8:ADP>B9m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s}—ÈË�k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`€s[EL?L41EDF@>EABD?BGD<8=HDDB>?@<3>=C@?HF.@F876B=9L2D?F99@@ADA>77</8DAD899@4D?=<A=>A=>C@C=BEA>F@,E9=@I@6DA4=49A>?88FD29DAAEB<<:GE?7B?EC86@8FC15==9DCAC<?:AC>?2?81HEE;EFFD@I?<=H<?;GECA2E=;FEG?=?DA@BG>CEDGG?:>@JGDHEGF:6B69G-A9@KAA69A>=;1?CGCTAH74><8:;H66BII9?:FC<>D47B@J@?G9CF@5>;A3J<>BC99<BMB6@@@EJBG8>ANDA<>B><7AHALB@?=J@DJIJ7FBFECDHG:?8LM54>>M<GBC;FDCADB@<AGI<7DFC<ICILIGFKF;CB8HF>FFMNM>JD;CFHCJC@C@@J4HIE;@4>DJ<JJ=BACK8CDLNQGTBFIDBC@JJDFC<DCAB=HAEGKEBKEGCFL?8E<CNQHDEDUIDG@LKHJFDFKBDC>A=<G@>MHPG>HMS7OIC=COEF@CH?B5:?89;@F>MCF@4A=<9?JMN<@GPL>4DNIBA??D>HKFFHF@=;A@6>:4GMCDEM;DKB-ICEL@Df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fHF7CKGA@IDQFKF@EK@AHA@AQBC?JEMJFGC==CAC?@=M06FGAJGGSTJP<JMBCCMJICE=AAI@CB5A?@,1<H<J=M9KN6;C?BKLPTJECAK8:@C@E<POEJ>DGF@A>UQMREFQOR9L>DDMCDDE@?MJQ?@?A>ICMD@FKLD>?=O6CG>FBIH@99MBMTCDAI>M<F/AKXFO36<:F@@J<E9DG:H@PI:A;:BHHNDC/4O>;FI;9B@AIF?K6:AD74@=6>46GCA=84AC802;55CTAGQ?L0DB=E>DCF0A.E??I?I,=<EA66BAA0F??A:F?5B@EDB@>9C9C3C<?E73BFL4/;5IAK?G4APA>5C?=:I6>><@?A:;5DC3L:A8:9>=:7==HCB.37BC2;6>=@;2CF=;?3A@?;7B>B:B@=71I7FD5@1C?@E4<N;=1B=@CAE@>A?1?ADC??M5>?@:CCH33A;@86><K8>7??4DE.B1CDFF,?68=DBADJ?@AB0;:::?N@;E768??<?<8@81<B;=7>7B?>6@7F%=FA,63>19:?F9>?K@>A?9>120=DG6?@E:/;?C@@CD;BE<;?E=9D?CE:E>A>CD=E>;>NC9;3?:<;EEBGAH9:>3F5A9B@@?<>:1D@ED;H3A;4<JA&<?E9>,>C;B?A>8KG=C4==DH<:AD8/;6E9GAG;<:>C=IC;9DH>G>9D=B?::8=6H7F9H@?FF7;A;77;GD8=>F1>FFABA<?6?B>;H.?6;=58B:B?=?C2?A>D,A@>BE?4B?=<AE2?E5;>>0?=<7?7A?:=B90<,<>0>9AG>>DD</>E=D<,87J82B@:CI.,;D<>?DB@F:;0*:F;C:=<8BA<A<:?<7AE;=>5A7@BC<B995>CD8=8A@D>;D9?AHBD??E:9AGA:@?=9;=@77:4F??AD8=0FE<=AA<D=C98:J?%C79<3<:>H>IH?9A<@?@@??AD@>?<=??:9798@A<?C:<B:?D9B=A6E>;=>AGD4??;DC=?D=<@E@A<78:>>=?=AFB;==>H>7A7>A<?6B>?8>8AI=::FB<@/;?C=45A?@;;F88?=>7=@>=4?=CC?AAD4BBCB:AHEH5@@H?>BBBD?;DBEHI>??A4FAIA?G;<=9?:C34+@@@=F@A=F;C>==E@<@IG@4AA>LC@>GDC?8A8:C?7<?<8<9@;2:=C?AI=91E:HBD:9E<G?4<I:?7%I?;;8J9=?=BAB@K@A@>;C=<==FCEC2A@@@BKCALC;AGDE=7C8EG@HCJ@C<F;C@A@CD:F>AE>KB@AH3;IAIHBC?=CAAB@CDGD6DCCIA?EA>=:<>5?;D811?>>F<GAI8F;AE5C@8;ELCD;7@@A@CHA?IB>?DB9BF@DE><<=B9?1A6>NCCHLEA7?;FE8?5@C@JK9=2@96GNADJENAKI?FI@GEE=NKGDBFV<>CA<?>GBOJ@=;?E=E8FQC8@@@I<MOBU;:BOB>C75CFCOIGN==>@@MDJ?>7NAHB<<O:CFI6C=CA2.A6E;H:REHIINICLH?>EB7KJ<;DDCCDREBCLG=GNEI84ED<NEADFKMIDAEIB:A?BEKEMUKIC49JJIGCEJSHAG=KGNJJK@DHKCJ<GD;AJ=EA;KBBE>@:NHABJJGFPJ'@ITT@CHE;?L5UKGIHFB<ILKMSP=UPSCF=IBLB;DD@LE0B8@ENGN>>CDI;'<NAG=I=AIHHF55ENR=C=FS@IHENIB:@G>=-BBBD1=@F5D;C?7MFJEEH@?DFDBJ58H:<I:?EA@C;CB=HA=B;BG8;GGCJ@B=JFE:-R<N=KB:H?=<9>AEHAAC@:AAC3<FD9A>FH@D21?A=I=D@:@PE77BC>A?1G@K@=A5AB=995:@:?H>E@A/HK6<CFG9C7<8*64AA:=E2=A0@>:DG;B3/=@B635;=I;@::3<4EAECF7A>C18<<:8E9@?2C>C:7G63<31A4DEE*0;7=:?@G:?98=CBE9.B4P4<;9>;-D@GABF9/:H6;<CA3.1<>:7?<D:AI8A>==@@D=DG-C?@=B;F8;7><4==BE;>;=<P:=AF=?@ED79G;K<>D;:A?:CC:EGL*?=B>8IC=C<6@FCBG@<<?KH=.A8;5A;>9A>@0C>F8A?ADE@;:<76AB@H=B57;7?DB>BA2@A>>:=:+H1>7@>:<@D:GE;>E7>:A4>H<<=>FL7C<7AA<;4@=CC@@<B@9=<L?A@>:F>AD7A@C6:89;J>@57C>8<2?A52D@BBCDC@=8H4>#AFB>93<:>?IB>;5D69B5E3;?5A><C:?FC;A=DB/:7A5?:D<85FDCC-?>A.7::A<4@40=AE=@A>CC:E?3<><=>9@<4>@D<5?C:>?C86E9?<;*>B8C>C?<?=@70<==FC@@?>G>?@2;@34BB?G?3CGB<BC=:9I=;>E4B?8>E?;=C?F57I<E9F>?<>?B?AEF>>>>>DC>>C=E)44J@D;>?DB6:CC.F=B:A<@<<?CEBAA>BE??;3G;61:69D=?>A/9<@@>AG::>7H=F>D9>F9::A>@/:5DB;JF@>E8=4C=FEDE:??GI>J=@C8E:H9=KE>?C@4@BG0;E?CC>ADJD?BFIH:A6:D??B>?>=?AHCD6C>6B??BKCCD/;O;@CFHALHA8MP>7:KD74A6<>E?<E?=CA:ED2DB:5CAFA.<C@=5AB2>HAC@C??>?KAA<B@>3H?>D>@,<C@ACE>==<DHCEDAD?=CC2G8A?E7B@F?GBCE:@E>=<?@@C:F7?FNB=@?C<?C;?E?F4=<BNCJAH@GFE@?CH>D658@>AEAEI8CG6<@B=DFAB9JIBGGI@=?IDEHA<=CF>E<H7F:CFAFBCE?9I?AIF=D>IM@FE<AD?E?AE@A?CAF4H89EFLT>C<BE;L@E@DDIAA?BQ<@E5E<;@<CF?>B?F??@B8?2?@B9?QM>A@@HHC@5AEG@9AGEC=<BG=6;8D>@>:;A6HCEBF3HC7B?KMBAI@@DG9==N>BMBIEFD87F?CBEAGCGHKOIFYNHQEI>;=<NNDJCN:@FM?E<@<BG8964ICPKCGFBID=A00FGLHHCALGEH;C7<DMOOBOEL9B==@GCIDO?GB<GEAE@=E@?F;IM>RPNF=B8MGDK=GCKEIF9=>KNA=QHOKKKGIFN8BCPCOJHAR:X4;;8DAGBF6ICN:;C1;IODL>SJ?ACLE76TOGJ<K?IDHN>?3@[KPKDWJLUGB=BLN@@KAKAAQ>EIN>:A@LQ=@=2FAC>I>HF<SKKBBD@:BB?FD?>BAGI7A8ALH0.?EEG78N<C?;@6MFFDI?A;0>F>KEIC@3=D;=1A<:<RGA@:>?@F@B/HB;=7A8?AHFO>P9EHFB@A?:;6NCC:4=::>D-F6<IAEC<G8>DDEEC;B;AFB?1C?HB=>D0B?@B?*8?>7H;:=?JC@>A=D>B@G7E??EDM=3@8D<D??D7C3B<5@B>C>E:(==A?AE2<I?D<@HH(;6G@2?8?B.9:CCI-<?:09LC8/=AGA@2<89B<E><D=EH97A4=>64AC<5E8@AE8??C3G=3M8B6>><;=>CA@D<@8;F<8983829@8F?5@@A;9@;A:EE?D51=6;<?6A@5>9)<6@?==@B>@5>t<B<4<:8.C==@.C?<G:8789E957;?@,2;;DJA=:7@?4?5C8@C=<07GC>08:<;<7AC2:@?HB@E;G@)D,F8@>@>8@D9<=@5?E>3;;CB*=DA8E@A:<<@<:FH3AB0;KFA?(;=AD;BD>B><7BEADB::>CB>B9AD>FHD9A?@A>=B2A>@?D@>9D>C=C>><4EE3F>F4?394?<6G@.)<F<306<C7AA1?995A;09D:.9:8&89;-D014/+F?C6=/=?;BD?C=F>=@=CD=B:;664?9:7:8?<<62??G47@==EB>E;:99><A989=9->44G;;3DA@B6@@D<=@=D>CB?8AA=C8D/<AI@BAB8>?E9@A7?@6D9@?9BFH6@5;<5C;?@?=A6>CAEE==D?AE?=?:>>2:@91F?9;<;=8@46>>F8=C95:A1:DC@@??=A?@=0;@E4>?'?@;2K<96ACA??<9359BF??@=CF4?B?;@@?E=?;<I@C67A@@CCQLCCDICC:5BC<I:=B;A96A7<A=@9@I@G9.7CA?GK?0>8GI?B<<5<KE0BBD+NF=IFD;A7;LD<@<?A@=9@D?FB@PBF@?<7=D9D>E=:6@GD@>5<9=8=A7F<?E:D;87<>AA;>2JDCH>@:=:8=D@@;A>?=FCAF??A=7E=F@.BF?@E6HEC@G;FB5D:EF@F:@96:CE@B;G>5B<<>CDBA=8:5<BB@HA@HD;DGADE4G@C9ACM<==@?A1IF,A<@6L8=AE=>FEBHJ@>ABB@ABEB<A>:F6C@CHFACD<DGB@;8A0:A@B7?>>=C:BA41C9E<D5G@A/:;<9=CK8B@F:7CBE<<BD7BIIC;GACB1F==><C?=@K;BDBB9MA?H@C?AF?AD9@>FI@?B?D?GHB9<<<GJ=?AKDK1@FEKB?CO?=P<GAK@B8FD?F>>=?@DHFOEAAC;9A@FA@=;;<9D3EBGD@CFHDH<=DF+@PJ?CB?C?AAAE;1?BC@?E5JQBDIIGC?=IK?BDCCICC9BHH:8GKEPMN=C;FH5E@>GGJIACDH=7D<FEHLCGEJFELFD9GA=A?F;>I@NAD9=IVHKLQQNGLJ:JFENE>EKJf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d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c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j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nEPVYFMY@HHGAG>>B:CI7D@7G>?;1OFCGXF<ARMPC@BM8BN?BECHGLNFF>9HC=BMH=<IGFWIEGIJ4^OH=6M>>?GQ<<<S38;GER?G>I6:K>8J[OIE?RI<KJ@:KCD2?A9@CB2PKEDHL;<=I>6E4C22?D?F?PQFJC=Xcb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bÉêžk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hFTRGEKFI3CGBD<BD:A?=CEDL!=BP4PEABMHTI8OIPQIJ6EHCEOFU@DEB@>TMAPMA?PIK=X9CUZCNFADF>BCDB@O<?ED0I@BCFH7AEMHBOC@(MJM:>O=>?GAMDCCG:EF;CG(E3<B?5BFH32:?CFOB<9>>=@@Pÿÿÿÿ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þÿÿÿ¤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`BILEB:CNQJP:@=FKG@MDC:J4EEQ?FDIJGC>F;?>CEBA>S1@9DO;FFPKIAEB@AG9?=:NE<HAF`QA8=AO:FI?FHFPHRF3<ELK@?L<7AGCJFFDUJ>FKGXHBL>9G<DJGE<@B?I[TLP@<KLINFJAFPAA@7=;9E<AHKA;E>LGFDB9?AHPGPQ>A^@KQBJEQG=6C<CQ<WIFC[D>?PEHP?9E0Q9GFKGN3FDFJ?K@BIDA<G?LN2F3BXCA@E8PID934O@AFJAM@J/>IL?J@?GFG3AB@B:@:<@@726<?ZB7A@.<]ÿÿÿ§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f=M?EICEIHEJ<CB;?SOHOFNMSGBOHCX@D=L>EA58?C2?E<GJDGGG@C=ED@C<O@HSA=HKDNF:OKKO;LLEEPQ=HF/GOA>C7=EC@LHJIMEE5:MEEBRQLJHHE>Q>=>GGF=CCFF:K@M2HB=KPMKM?EEUQHFE??GEHC=.7<@G:F6IJ>@DJ*5I/FBOcÁñq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`@9?IK<<EEJA@GU7<FD=KCB?>G2aEAAH.>D?AC=8CK=:=I4GB;T7><EHIAC<B>JC9G.C;==FHAEEB3B?H?N9J9<FA8<IH6?J1;4@CIC=A=BF=A6K@8D7=6B?>CE;9H1.,C@CBB<F;>J;H<>C<D:N:?A><><<A<@F;GAHBBBBBC>A<KA8F4?J?86<6DBF:C3,LCB/:@;>?;@C;FHDN9@@;BC;>D>AA<B@D:D87G6;GBCJA8<@>==B6H@86<;DBA0@:=A=9BD0?2AJK2@3C?=@@=BAA8-BB::<@>:B37;7=4?D;<?B=:=;83=?=1B<6B>B-EEF;67>@6B93?B97K==<<:@3,9GCG85;=D@0=,AGACAEB=>4B<H>B=8>BH+9AC<C?>BC?@E=@<>F46>;DDC?:FCDH@G;<DDG;=C>>DJ?EC:G1E>B38E?@9:D;EG4BEADA<F>N7C=E;:=GF>B<NB<46ECFEG@5@>?DIDC??7DBF>1:A?9<=9@AF;C;EE=CC@;9A?@<H?GFCD=B6@?A86F/59C9?CEC:DE0>/E;EF=6,9CD4C?9@D@>=>-<E)C<>AEGAF;E?5=9<D5A8;A==?;D<;>?</@BCF0F?G;1<BD1?8:>56>E=C/87C;58>:@@?=2B9==B5=;BA>C:<?D=E9DC@;E=A;-:F7?@8<?;=?A8@@?;E?<9;:;38@DD29>C:5@8B4C?<C>8478+A=CEE>>@A:8>A9AC4;6=BFD0A;?;L:?CFB966=8;<:A<8FE>'@:AF8IE;AC=IG<BA@E=C><:?=;B7=;>>FA9;B<@:M8D<;0=@B@E<<GE)@7:C<<;=J:D?@?>@=>9C@7C>A44;C3>E;?@<DC<9?=>C9CA>>F;;@;:B7DB=C:>B;>6>F9<>>A@<>7=BD:@@C5=978:8BEC>@=D@9>?:B<A7G<?;AB:>D04>C>>G@@CCA<F<>A@8A8DAD?;82DDAJE<7DB3:<CDC@>AB=8L<1@C:827<;@G<96D><MA9DBH=@I?<@5A>FG?AH3A=E766<>:G@5?E<DAF>C;CE?<BGC??J;ADHECD8JD:5D?>=6ABI9B3;CA>B<>DDH2BDF99C@GCC@AB<F4IDDK9B<>F5;@@@@=<E@?<E@IH@GEEA>D7?==AKB9D9=:A@BEF:AB>>ABGFJABH<@8@H8=HLB??;6A?0F<4@BAB@G8@B?NEBFJE?I?C:F@E4=F6<PB?@H6:GFEBBNF7IJ=9??+KAA=A>C8GBC?E?AIHD>>F9FHLCAPCAE:EFCCACG;CN@F@6EC4QCEEF>NIBFCO]TF<C@O3JGJHCDGBJA<F?BKFHF>GG\[YMAPRTL>>-EHED?GBBBMO@?LEYLOJRMSR=FAHBFBKL;H>GAOMJTPLKIJJDH@CI<D5;BA<;8L?FHI7CLVK`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`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n7BAJH4C;CB;HJAFCMB:7NF:8C9HFFJ9T^M;A<?MCHCCFK<CE<FMF:<58BSF985D5E>DWHE@SE;?Q>QI=D8HG6DDGBFE^?DBHCA><;=MA>:Q3BFKDHQOIF5>SGPAGJJI=JR9KCGJCH@X8IDKLCAFGM`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`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e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c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bTa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b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b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fA@=PLPEJDAGBHHRZLIP<KEXPM@@KKANIFADJIDCK?J<RLMX?;IPJBEEMBRMEBPALKAC@GEBCQDREBDHQJ@FJK8BC;LFFEODEJEHFOJPSAK/TIFBHB7JJDF>@=<F>DDACBNGEEFMKDE?@KJMIV5GH<@KA?.=OBEADLIF:L;5D;E<>@<7O>FC1I8FE3DC>DKF:G;:9>=7@FB8E?CJCJE@JLCB?B7;LC:DAAK><@=2?;B7DDK=;3C7APD@=C@<1:?@EGC7=::9@7DAH=>/:/AG=:6G><A>I;KA;2<>?CA<A:EG6EC<5J;ED=EB:C*B?AE;AD<C<,9H;<?8A?EH6H0E>A?3=86C8C@8;E8>,@?25C0><?C3?A;;.;A:9>3FBBC@6DAKF=:DED/88<@<6=@OM<B<7=B?KD@=ED>EM9?MF4ADB?:5JAF<AC<CC@8=7FID><@DB0?<DBD<<>=GEICDACD510=4:>B/8DB;?8=0@BB>??BC9;F2B9B;4?ABF:@OD?>E:7@/7D=>=@@EB<==>?GNBDCH=84:I:CCE78>;?G.HI>B=@;?>49?=DB;=?3C8CBD@CE?:2DGAA=;<A?:@BDBAG@=518<=<;AB5?:>>D6@C<4:5D:5E;D;@=>8F9E1;8B8=FA<=BCA?A:6:@6C;5AE77>4-=2H7=:.:>>A>7=;D<82974<>BD9=A5AB=A=7B1?8?;)B<@I@7>>?;AA/;HF=@@2BH?@:5D?75;?F82;13E1:789(5>->8690GB=9?D4973@B=@9AC@@=7;8CH?>C8<>B;>=@:@?-7>=4.3D?7<=8E0F;AAC4@=<:;<<<5<?35B>546EA@<:;??H4@DB2E;5@5==>DB=?BA?7AB6E6;DG9AEAHG@16793@>?:EF'7=9=>8??;<2=E=AM=>D@:CEF@96;0A?BA4EAC<9-;9B8<7D;:?B>?9<5B<?CC=<>:A5=E75A<@?5B<BC@A=@FG=:7>%B>EECD>D>4<>:H<?==?ABAIGCC498AD:>?=;I:@A@IF@7@H;B:;GBA@=BCEA3@>?B<>@;<@?:EEM48AB6?@=:>9@7=C28?>BD:C2Q8A?D=F>@?,>6A<BFG@CE4F=9:C;C?CA9E9?<6>2-<5><;CM878;;57@;F?E==H47D??E96<??7::8=AG<?DC<IBF<<.AA4@B@3=D:=;BA9:@A?:H=C1LEH:CC:=AIB<<G9:A=5I=@3?=A?A@?ALFG=8A/H;8;C=C:@JGA<9F@G=F<>@A?@@;<C8C>@?D@@<J7-IBA?G?CKCG?94F4E4D=::BB;GH?5B=DEDGG6F8GNRDH>SF<8A?I:KFBIAD?:DHL@F9<<@DCB?GHJ1@J:8DH?LKB9CBFDP?A?ABBGB@K;A>AHHP7@FFDB8=TUD>M>DMDCEA=6AA<KRERDLEK?FEMIJJDFDHCIFILK?B?IKCDCK@VNIABNJL]KEKEL6ERICEHQCOKF@?QG6BTPEE<KHMLMPRABPS=CAA>;=F86>OETKN@FFB=D8LRLMOLEMFBVLR;DRLJDSFKJNIGSN=RRPT?INLJCGNDAGHC;4IEWADB]E@6IOLKL<LH@=AMDCMMMDCUFLSJCI:JNFL>NHEGO0J9GLUAQAI7DDNH?DJGSAN=DHBIC>=OVUHMCCFHFEKEDFCLEASBPBKE@LG-FEGC@KC=<LA@@ML1MFLLJ2KCJAK>K@=B-F8C?D>8BAB@>8@E<<97O6JA@G:GE>ALJO@B;?L5FFB>F@CG>877(;5BC>I?>84ID<*4@;,78E?C>D?>FB:J8=<;A4F==0<</>H>574??>?<A<DI9A?CDI>?;<C5@:=EH<?;<7?8,8F><E;:E:=8E7@A@<65>>?:L<C@<BA>@79AH:CD<=FGG:<4D@>@@4@@<=H7>>D:=?HECAD<=GA>?E>FBH?<C?5D<9DCEG@>7G:;??F/BDD5MHEA?4D/8@=CCA@>@D6IB;<C2?GC<@3:D?>8@?FB9C;K:?;>3AC>FB;=6?HC:4E;'=H>;2A<91A481A::?937IC><;BG@A0CF>A>H7AA38=9AF;A;5;>C<@A@:G:>DDA<H98EFB4K>AH8<7>9>44>;C6MH@9=8ACBBG@BBBAJAC8D=I7>?>AA<;9E?BC;=AEBB?@:4ABC:AA94D@;3C7@>:<A>BEC6E==A8AC@4CDI:>&<:I@F<?->GBC>DE9;@A=G>;4C8;9D7G;=D>;AA;AHE@@=39?B9;=9->@?=DDF9?3<>=CG66C0AHE?BC828C:84;8=>I;3=5=;98BABEA50B1B:=.@A?AA8?G<A;=2:?4;::DB;;A@3A@D7=CA>>F>E=<@CE@K@:?77@<@CFB>E47?@D;G>;@6==@<6;<;=C<<<>*<D2D>7:8DBA=9CG?>>D=8?AC*A>C:;;><C4<?G>8B=AA;;@C:F?D<:CA>8>?7JCDA:89@J<4.2C3?FD:B@ACA::;@A8ECC<C?D?@<>765B:8B?8?G?28>EABC<1DC4>HA>CCAE;69@@FB?D9A<=B>CD>BC;C8;?6>CGB:0CFA>D<D@B5@@D@A=@I?;>AB<IF<3=?AAC6G@?<?B3?>0;;GD@EBA<BCF>>G:20C;GFE=AA=:?DEBB<>DDDFA;?:9K@86CE9D==;=><?FD<;>:8:;:>:9@BCD9@<=D=LC9B7:<C;9?BD;BC?@C=E4JEAC@=MCAFCD@>;;=DAC=AB"AD;=:DA@F?A<C@C?:79E=;4;DBG=<9B;3<F>=B<=?9@@.>@:=?8<4E3A?<0F=CB@<=4L>;CH3A7A<C0A?:D:B@E@7<CD@@GEF:FF<>A6?B=7IJAA:<?=AB@C3GAKFC;D7@<;?AINHGGF]DE:AEHED:M8BA?<>BAGJGCEK6IDKM>GBNFAHCEABIB;MAIJ5B>BBBNBDJPCB@J@4KHFNBFFFDDRB8FKF@F5N<L>>BGJGGIL>HTIRFCD?JJBCEEK9CKGM=JLUBAHUJWIHWT?EPEEK@@=CMABBHC9HDNCCC;NN?J>>ILD@GAGGTFD>4B=D@:48;=@JGJ^RH@H9IBRGNGMLKNHASNDBCEQAFMD?GQKEANNL9KXHJKS[QBHMFGIQBJCEIE37A=IDCIDL?RCK7?LLTGMGEH6LKGJ1?J?EE?A?D@PHHHBEAEJKHE?=?LJJJ;D9WK?>B>>P7?KADGE88FDLIR>P@G6>I<BJIAL5<;F7F=RA3:GCF8<>C:;IKKFE@:EBCWFHR=8AACI>=>?A?FEAFDDF=J83A90?F0D;A-HLBJACCB:JNAB8BFBA<H5KG>9@210E=BA@6?415>=5>CB<79E=A8C@<@=8DAA<5AAD>4J7AF:BBCE:=A=FL<D@HGC7JE?@5A3E<D.@<;>8<ECC@F784>A?9FC7D9=;==66,<D@@C;:1>=E>2ACG4BAFA><?;B;HB@D?@>>AHD4B6KK<<>=@BC;-@CC<G==?>DB<C<J%>BDDA<88;@B>@C@19MB45C<@9MDAN;@CC@F>A>:F?AB?B42>I1<CC95FA?BB<5F?KJ:DE<D><:<D9C?9I98;CC0>JC4CF;@A6>6H=?JABG@>FDCAGB5@;A;>KA>6?A1;==?E65D::8H??I339B8JBJC>9@6B@G8:59=.D>C>::8;3@A@?C<=;FC?7FB?>@B8@?@7E8;@=E7<@?<9G==9;A9>?EC>A<4=?=8?<::=C77=1F:BAD@8:C/8:D<E?:D789>C==C?:AK:@FADF?6:AA7<@C<4QA;FBC8BAG@<38C/81>/A=621A@7:8?B;:=>6NA@89?C@EAB?=?>A<29::D?B.?::7:6C<F;<@<C>===4B??;C86?;3DC:A9?A?BE9BH7DEC-A<CAF:7<?5;3=CAB<-CCC@7>A@<D>83:D<B7A<>E8@038<>J>@G=<9@?9D>>@=@8FA>@9BC>?<??9=?B;;2?&B=<8>=CA=F==>C3G;A>>F<B5<D=EG<BFE>7E@HE5/B?:D?=>=3C8D9:?@C??7FBCEF>>F8;:;@KBGFDCA=0E:2BB9A8?E;A>30-F=FD>:>:G?AFD3A4:>14==?;B>=:?:C7<@=CGBBA=D?B2F9;L:G9B@<ABC@<;8@D3@AHEFA6A>@@A?8@?JCABK=95A7C?=B?8;;:@D@@<>?9C<@=;AG?<A@G@.?G=D>@DG@F>AC9=A>BD83974BA2A3A6@6C7>>B7D9==A=C3C;C;?@;@AD?8E=>@IIK9=@::;@?HG?C=@@AFA?BCC<@;?E:?C@AKG5B9:>@H@CEB;?D@EB0>@?:=9BD:A:C>=1A>CH<DCI>@=B0I6?;;GC@;CJ?B?7=0ABFAGGB>=@?A><EAD>BK;@D@G9=C7DDDDAC<<5<<<9BCFBCD?LH;E@>?EE:B>?8C<G?E@AC=F=FCA7FECF7?J9L<D9EG9LEC=LI6MIEE@MGIBH=4LOKCIFHJR?OK9KAIALD=KBK.>GD9PAF::ORE>;CLDKQC;CFLCNEZA026C@OIBAG<FCERNJBFL@K@PCJAUOGLG;NJ?E@\AFMC<M?F9EJFTPIO<FIE8H2JGCHIKRGCLDJ;D8?8>G;DCHFNN=G<GCGK?GJGFGH;=Ns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c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i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bM@AKVHCPJEHIKHE<DBDPORJF@TGFXFBJ;DFJCIGJDB>VGLGDADD@>IGHBJKKKDA:3;A<AA<B@HIQQBHUF?9NAS3JHHH@?LDMRF@AC>7D@8ECLCGKFADII;BGNAC<ANE.BGJYa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d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aBGAI;@G><JJf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a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eJ=JLHOGDQL\EO`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`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b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dLKG6B;HFDCOJXO=JMWGFKBEGMMDCVDID;QF@JSIOLZHKIAJKFNI>EPJGBN3BB9?E:2EDBCQ<IDQHJDIBEQCAMUI7Y=QN?HIOBLJDXU<Gc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gE5GIKMFL>:CCTRD;JSN6@CG8JMWG>PAQBTLUR[FFNMSHI=<IBCUG@:LBXPLJIM?`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eGLG?NEQN@HJMIB@2;8@A=D;GF6?KIR7NJIBPGAJHSLBEGKNCJIBD=g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`E@FI;IGPI2KQVMHXMQB=LKAMHLGHBJEFSK?;MTIJKBAFI:HP9I<HBVXbNDMZDSFNFFOKTLGOAAKDCGCIHJDB=KFI@:B7ED9>JJFHGIULDN;A:FHB6EBKG5@<Z`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kDIDCON;H8AA@AIN;;LGD?HuHPK:=D@OFA;APDFL<PX;HAI:=OREDFHMIOGHDL<H]FMGF=:EOIHGLLF>I>`BEEOTJRKCDHNNSCN<<?FFCWVQ?EGK?D=KJIK<FDG=JH>MC;8>J@PB:=DBC>FKOB@FE/CAJBAB?CWA]GEMJFMPDDLDCDPBEB9BBA:CE>EHJ@>F?D@4>=D?JD<05?B@>F>E9DM67<H>C@;LAA?G7B.>GAPL@8B/@CAE:BID9<DD9-=EGJC>?CI9BA@L?D?7>?G=ABA@A/=>DBA>H9FF?;ADBE>BCBE@1@3>BA?:>B?CCCJK>@55A6C?@>?@<:@G1@3A@@@D;@B>BBB<:;?6?@N7C7:D?=F=BB?E:?EIFA?96CTBB=D=E1?8@@<9DA@>9BEE@=?<BA>:B2:GH:=7H8>ABBD=>ECHE@=?E@9?D>@:8DBD==A=;5BBE<<HHA>@=G>9>B=>>B=8=>@D73:?=EHF<?C;3=E<7A687MG;F@9DB>A>EA8=E>9<6GK<AB;EEAAD;ACB?58B@FFB7GD?;>:H>H>??<>E>B@C@K@>EJ;B@B>>1B*AB;HC=F?3:?>8BEEEB8=D=?>@CEEACFC>9H=>B95CD;FD;8C9=DCF?.AF=GA<>/A4<A7EC@=<AB8C@A9B>ED>HCC9A;9;:@;2>CD??9D>=>?@<>9DBCB??B:?FB5I<3DE@AABI/9A8?F>E=?EC4EEL7B<B9>?B@E>9?B6@:4<6@@36D:5A3@<;@@@9CA6<D<HE5C4?::A<?H66@A5=@F@8CA:EBG@?/:G24DDB?75@;>:HF:A7??IF>=@:B@><C<=@@@2:A?@9->73AB;8:EB16BCA=E>FA0>;63<D0,9A:5K3'F9;>I>8>A'?A><>DB;?=B?B4<ADF?A;CD9F@AB?;4B?FB=;C<7EB<F??<D@I@:3A@>DEJ@?B=GE:DE9E?PA@<??<=HHDC==B;:@??AEC3A?F?CA6:?;PL:N>8D?;D@EH=?:D=9;@BED@6?AD?<AG93@;DEB3>9E4<=<@>C;6:FDAE:<1;?;E2?=>B@6JDA<:?@69BGE&6@:BD<E<@CB>;=>E<3:2=?>GED8BD4CEC?B<:8>DD@EB39=6BAG>??<>;A?D@A5:B;>:7=F:I<5<B6F>?@@?><BA6C8?3FA;A?J>:ABBB?@=H39@==DEB9:;:=HHD3@<HB?J:B;AKME@B:<B@9HB3@@<E?=E?H;HBFAA?OD;C3JHDAAA===1D7CCABJKB:)BC=:IHN;D=B<FDC7C;K79CB9@DCCD<IED>BC;:<;<3CD;>CBD6JGH@DAOL5FGI>:N48:??FK<EB;5>:GMCGIBAHE@=GN><@AAACA?EG37GHKFM@KFCBC@<;DFEG8DCDL;B@@=GFAtEARDHCBC@HCD@)QFGAQBI@MKGMGG@_BAF@BJUCJLXNID;<BJTCJNBBC@POHEJHNODGALRz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mSDBO;DAJKE5HI>PGGOD@KFEB@YGD<BAAG8>@ANBLJO?LGD@EJCC>8EQOHHKcEO/ILFZSF@SM96BH?:ALF?JEX/BGCDGIDE>CG<OFMAOO8LGYJIBSDQGEL@JU[OOIDGHNCD;F?DGOLCJMKBIHBACM@BB=ICK=5FCSEPAB@CJDA@CBGAE=EAAFCIGHED@4FHEMJE=CE:SO>?M<?IA?DGDMEDBC;D:LA?JA@/L\J9C?H>=G9F>FE9RCBDAC5FH>;=@?C?FCA3H?DGBG=BGCC3GBD9AEA>?=FID:.BIFA)8@E8=@JDDFE>?B<(9C@AE<1C<8B=A@4AG=G7<?CD<;@?C79A>@BF>@BA@DGFH?CEF65ACK>7DJA87@:=:?B<EEH@2>:EF?<:26.<@3:9>B=G;@;>CC=>=E>HHB8E9@C=>NEAL:B:D<EAC;HDH=@/=C>29C?7=9=:;EB9>:>=A>CC=BC1?AABF7A=?@G=@44A@EKA?G>89ME?=B:;E<?;B@E@7<7M@EAD4?AA>>A;;??@>A9<@6A??<<:>>66D?C>A==NCF>5>J?C>:;=A?DHC<FJ9:;=!HB?BD=4C>AC;G@GB@;@+?@3CGAE3<GF;C8B;*B?HC>;4>E>???6<<JA=>85>1GEA?G;?6?J<BCABC>DBAA>1:BABCDA?>C*>@>3J8;@HH@;@;'2>BB>6B9@C@38>B6<9@@=?2;@H?;F??2G6AEA>;<=>>@6A@>H9C67?>I=:75G9?BB8B?A>C<AB?B>A@EECB?DA;AF?@FF?KB8B<,=6=?>DCCBE?D<>8<5=A2C6?79#A@A=?C9B@>AB;F?>;<A1:4>4=BCA8ACE>@=6G>>9:B<=@BE6><5C?8;?C15?A3G1G?7=A/=I9;=B>?5?B;;1;7>;<E8BD5J5CFC>9E=?/H6:;BC@DBCCAE=BE?>E6I?:>?D@4DA?9;B3?3DB:@==FC;GDA@<B;G9A@F6C89@B@@<>>BC7D@CIC>?GB7?CC1495:?4B?;>;9<=84C@A7<BC?B??:B>:7>>>D;>A9=K:<=>A>:$A=>?@=E;FC@><=@@::?B=?=?59;/4D@7<??=@D@??<><D==<7CDE??>8@>3L>01C;E>B3<DDEGDAE?=AC?AH;J>EB:D7>>D8?FFC<8@J=@?AD@?C5DH669DC?;BA9EJ>9?A@DE7B@AC??CDF;E9D9A?DGFE6E=GC>?BC5B>F@CCGD@A<67AC>BD6I7?AA-GB=E=;A?9=HBD;D?D9@DH6G;9G=G9C?@:@D?DBC@@H?DAF>;@B<=J=2CE@<AA8B6<DF@B@8>JBA@AHCG>;HB=?AAB;8QDK?FG:IEG>BCJ>CG<HF<;>:FH4=0>CC=G@BG=APKFA;ADHJ6>6D5JC;B?E=NH<>B?HHFJ?2CNGFELH7:WBIKHKEAAD=A>GKHGDL2PKE7?CRUJBW9CBIDEBEKDECCC;:D=DGJ[JNIMS\FQ>H^HH@F>JQHB<DF?<DSGLC8WNB5?EE6GKNUCHNKHNBAJB?ASNIL=HIBTYCGKKOFLBA:<ACGJ;B:IHHFB@IDGJFG:?><F>HJBSROJPFKX86QDEGEQKGQOTTMK8CHLNQFFV?GMMJK@D=B:KFNBGCATDFABIQF>EN3XGOE@FAC[GNHMF^C>Id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`PNbL?K2JFDKIIB7HSM>IJFE4KC9FKNCJG>HEE?GBGC?D6IB?I8L7=@@1DHF98KH4<HG:DIKDI@?;;@DHCHMG>A7FF<N:?@EC<D,9H@6=F?H:@;?SIEIDFDJA5?@>,DL=FNKB;B74>NGGO;7GTJ>JG=EGDDADE>EF@C=DS<7;1=H;=-5;B5?@=?GA56C>K,>;59@51B.C@KF?BCC:9>K>=A7CE@?E><=1;>?F@F/F>7>=J>>,FFEBC?CB78*=BD>??92E8>8FJ:?@F2=;>5F?2IBIDBA6;A?1I59P><C@@A=9;1C?1:??8B?55DFG<9=?AEG@<8FF9B;:CDCD?GAC3A?G43@65C@=<1C=C8G5K>AA?BB@?=:I/;>GCCEB>A8J:9A0GD7AA?;//>>D;AI<7B6@G:>A=A;A=;;BH/97>FC<F?>A<8A=DC=>@98A?AEEE<DEDE<?7<?G;F?J=?;FHD;IF28EB-?0D:4C?<98*8;B7CE4;67:@9;>DBC<;:?5E@>G?@/C@DF2<<5?@A;JB;JB=J3D@H@67EF<<=@C1:9BGD>=3A<EE9742<9GEB8F;D=?AF=??:K@6:CD?HDF??=A=?>CC518@D:BB64:?I6@E>K7D390;=C=>>3;9C2DL5=>98?<B9>?@<?BF3?F@?+:E>ED7=<A=@9:;=@<1I@E>>I7=7BA6A=B9G?B5E:;@>;1<@=7@D?=?:CDC@BED?=><>=A89?:BH<@B<B<HABB==A?=8A?==<>AEF?;A<?BE=GCD?FF=@9<7DDFADEAC?KA:A7;A<AE7EA=G>>+?>N;>C-1H?EAF,/J><??2:BC?D>7G@@C,?=??=H8A==GG:;BDFB:9=>B@D>AIK;@A?=:F=BC=G6A3E9F@@CC>A6AA?BADD>DGED0=CA>-=GC>;?785?A>FC:=B>C3@;9GDGBA?B?FE<;F8<:;AA=?DC:A>E;AAB7E<AE:BHN76DD:CAH:BI?E8?GD=B=:=;?DA?EEDB6:H<B>GFBC@A;G=@EKC;>ABE7;@J<?@=<<>=A<?<9FEJ:?-C;DEH<>FC?@2>9=D<?C?B=@5EEGA>;>G=GAJ<CB=?>HJ<;H??=<IIB?K?@=BIA@><A;?FE<@?=<E;IB4=CE@DAAA==KH?=A>>?E;/D=I>?EID:>FCH>ECK;FADK?<=@EBF;AA6BECA;@>B?A?B=?C?@AAAEB79CB5@B?E<?G;@B<LPMB?A;B=B<K=-A4G<:HA2F;?;=DJJA9DHILE96ECG>@D9>IEJ?F;T@KA<FE?<CADJNBYFFDJJEG@G;A;N>:FGL:EGB@HO5GSZILIPQ@TKCH>GIACA@N>>GJ?@FG=BFCG=KLHO3@WU\OLDEUHD[IJLGRKIIMIGIQIFKOPGIJJGDW\IMB@DLOFETYPB<9??OLB=XF6AAFV2BMQDDWFAEMYL9MIEBCB;ABIG:XNVQ<ANPEB>=DDCGBNMGTGTBQS\<d?IASOGJDIE9L`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`MAQ=IJ<=CHQKKGJBa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h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`;OG^K5KGIGk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mD@8E?Nf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`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k«±_QFIJ9NQLADAJFKHIM@FJM<JSPCNKVPOBBMALCFA@IK=GP@?ATCPBEEA:>?IFB<8@LJBUE@CKQHDVKFXNE=CJ[QFR=GN[IE;AOHP>EADB@DIQP<CHIQ@<MD:HNDGIH<GUNAPNTEAEQCNE?DE?E?DAG=ALHBJP9KFNNHCMUIYVSCAD?ESAFHRMP=BHFKBBCBI8AICD?WLa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oÿÿÿÖpMGBHFFVE:E?RLHPH8?AG9BLI@J:IIMNLQND?5;MECGNXDDTPFK?NAEQANHED>A>OF8MBEFjJJI@EPQITK<OQJJEH\/HB@<EBBP:8L?4@B>G:?CAFDXSE?CZb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`õÿÿÿÿÃ^NEHR>PJIFIBBMG==AJEBGEKHJFRODGHOM@@JNL8IREEHAWK<GHTGXALGEBBINGJCJAJS=TAG1DH8;CCAGELGBKS=GUD;5HDGGJDJWNZFHEKAC?JGQVF;NINHEGSSGNI?EBQ>;DGM@JCD?=<2?FIHTGJMJDE:NCHNGFHKLMNAB;H:IEL=PHOLLPQOCCLPZCAEDHFE@a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`ƒÿÿÿÿÿÿhLFGLQ_GCBEKW@HCCAOEFL<=FFGFHOIO@LBILIJJMM=FPZUPIPDD?J>QG@M@JBEMGA>?KBOF7IJGLK\HGQEJE>N?C.ACKBF@GAL9?LGB>FII<A?:APZH>QIIKDEJOOJNTBCLCGC?AVQA>:KH27@>BK?G?IQA=CGHDMFYQiKE?BACBNJK<:ISFTeJELKFLXEKHDOIOBBLGBCDJDJLSb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„ÿÿÿÿÿÿ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pÿÿÿÿÿ×DP>BGMCFJGIJ6AMGEJDLD`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™ÿÿÿØ~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hƒ¦‘c\PLGC?PICJ@NT>=BBIML=ICJ=B@JFHIDJKKT\J=EBJBLLHBKGFHRFNQ=>FKPBBAE?DPJ\LLUGTGSKQFP[KEKEGH>EZMNIQJLIVGF_QFJBAEIKKKRFNUK7=GQ6;ASPJNGKIODRTE<MG=;C9>??BE?D@>GGMNCJDJFI?DXOTQNKFJHDXVAIL>GL2@?JCi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eJDSYDF^J>\RFFCPGLNNINAMWM;>IMVEHAaKI?NFCEFJRQRK9IMHIJYKDLM:9EIV_=RQ:FL@AJJMOODUFXFUHCN9P?O>?=:%BDBK=OFK6NUQADBRMNDDGPWIJLRUOEH?GDHATWNF>LJ<`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aKERDGFDBF;B9@<A<C3IBIH[QTA=J?M[VS?^ECPLMHIC7DNDAPXTFC<IZNHFCL@KWQMQIA>DMEEAFCORHFYFK@AT>>FC>ALPB5F<EHHZ@@9HJDFE@G>9PLMOB@?ODC1HHAOOI=KKBJICBCCJXB64D@===8H1EDGCUB>K;?I@BDE?@;89>BGLE@CG@<CBMC.K8?FA0=>4A@DG=A==DI4=GAA5<E;H@A=@?D>A:BBM<K=AH@C?0C;8F6?F1-?<4:?:B?>FB:<CD==4FD8><>D<83;;:+C)B<78GGD8===:C3E?;-29?188@:<;DB?H<:CDA:?@@=54?<43AC<<?@?:=AA@9=;B;;D@:>970BDFA056??>;BG<>@5@>@0<E:A9?AA:>@3A8@9C8C:B:G:>AC:98F0@<?B9D:6>5F<>?+=<89A:>0GB@BB>18?CK8::E@:EA0F<@?=B=C>?E:7EB97HB==79CD8A@F<A:5AAA@CC1>C>>F7B-;D?6:<B4>B7@;>1:3>I6C<BE?AB<4CDDC<=>A8IK6AJB5@D<?A=7@DB@BF-6?>9=4D4A@C@ADO@A?<2G<4E<<>59EAD>-I<>D?A0@AF73I@?>?@6;A::8?;@>;C?3<2DDCF?A;<=B5/8<F8AA?5FCKF?=B<2?2CD@8=A35D;>?<<?+9A=>>:;;=?@=@@I<83(B7:=;1;??:B<BBB>8=C;;6?4A=@8;F5559A@D@@>6DFDC;>3B>8>D7:=@<B086EC=?B:4AF??<;EC=<>FBD9CB@=8;:>C>=@ABA@?F@DE4<=7HME1D,B>>@A@/AF<9?;>>ADE:==@>A=I;FD?BFB>@L07957<FA@AD>>8(C99D3=>B9@?52>:4C0+?DF?A?4HJ@>><6@K;?;::G?>>I=@?@NIB<B>BF?2;@@>CA>:FBKBBA>5BBD9E9@9<@=E=:?E8<C<H/:F=C?E<9C<>B;;?==;:BDH>?6<9DECB;FA86EC?9A>C9@?AA:OEC:C=DG;6F?5C<=5GD?<CC4>>??CD;E6CAA:<:=7DF@8D>1@9@@88@<B:DE<;>C<9F<BA@>CAD;:E5@3J<<@;@8?49BC'?9A>A>C7B4JK<97BBC>=DF=E@CD@A<?>;F<46?G=>19<?BE<BF76C@@A?=;A<K8=<:>>>B:AB:?;<<8@A;=AB:=?HA=?8@C:&<ACA:=5>:??DED579:6:IAJ>B:>AA6A<2HE5BD=JKH9<A;?>;3?;:AHG;B83?G@GD<:DB5C6?>A=>3>DDGI;;C>J?G>G8KF>KD@A8B=/7G><ACCGHH=?HL<=KICEJ?@CEHLA=;II6AJD:?D?KC?C98GIE@CC9BBHFD;CIHH7@EKC<NA:JC@2CB?I:M99@S@OLGFI<AECLEBB6J-FIPFI:,A@F@IF>9I9@B4JKHMB4EA8EU9?BDDEF<NJB=?O=EKCNQJCA3A;O6LR\R<D;C?QOF@O<@FFGH5QLNT=HCMK>=:IG>BONH96HQQFBXE4D8RA>BD;=UMMM:EHI&HL=<MQ?EQOADBIA;H=B<=B@EQ3QR6@TOGKOEOV??Q>OOOHNJJBTH[OHLJGL@ZBQHGKTBMOLLY@NBOJG=MS9;NEMVLF;OGME]K:7DG?BB>O?A[REMDGCC@AOF=OVKGJHD>C?Cc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aSOC:7BJO>EAQI=NEEGQQX@SHCE>?JMJUQIC?==G9Dc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g8?CAAB4A>BDGFGD=B4E6BID>=A<DJ?2J=DEC<AE;B<B@=;>4:;G:<KK8CD9D/6I@E9;96@;@:??<<0=5F-B*K;3AC>?6?5C1;;BFFG?A>C=A>A=0=FC3??3=A:<=B@H==>=A8<::>HC>2@A@:;F:=9<.9:-CD>;;5>9<AD7HD;35:)DA@+>9:8/C@9-:;/?2ECAC>A;A;<==BNJ2@E0@:5@8HD=36A;?B;9<B5:8AE=EE?D<8D??=5BACO>I38=BCH9??=A8/?=86?FH<>:F?7B?F@?AGK2=:<>AC=<CB@27A@BB=IDG?8<>@==E>E8;CHE:6:8?@E9LBCF@:@DE=<@>B1A3.@<9=A>H7:A<>M6A<@9GA@A@@7O@JB?AG;D44C5AAAF=@B:C@@@G>EB;I;;AA>=>=C8A@D;B:FC;>@C?6?7=5?:BCBD;:5:DD86A6BD3C@=EAB>6;E4BBG:FB/AB@<?<>A>A;<77@:?DE:A>;;ADG@=?BCA@@DD8==>??EGE394AE?7BE@/8E@6<A<178B<>=B5;@?B-A2FG:C<F37DB=BEGCB>A+E;<?@;<EA;3D?C;;@F=<=;GAA67@EA.D>;9D=>E;?95:G5>8=A@>I::8?6E>@@@;>GD<@68C?@??8C?99D==G=<>:;9E>C@;8>?G=@>B;5@<79AFFE@.1,==E@'?@>6D;FK80<.DB;AC<5C<6D=9L7;B<@J?;BBJ?BHB<D@8G=?GAGCBAA?DFDBC9DIM3@@BGG@F8C=?ECA?E<FED@F;JF6BB7@A<767E9A>AIAJ@@@::C>;4CI>?AC>DH?GJ3EECC>=AF<3@<9C=:CD=@6DD@KE?9@D<:A<BE:GA@>BFH.+@C?CGED8HBCA@?B@<BBDME;2?CE0=C=7CC@?@?<=8?=>>AH/C>A<A=D@A;=A8:<>AC;:>=I;;FCFH=>?@GE>;?7<7B@>;<@:EC:@=5>?CB;@CAC6=?;B=49CC@?<9@>?B98B?9H;7EHDBC?EB8AD71C7F?=@9EJ0=B6@5B=DB>9BDLC<J<7F<<=:IEB<@:?8IG;6<BG;<NCECE:;M@7?H>B=IGAKHAC?6;<;D8GBED>@;CGC7AA<JDH>5:E7B=GA8E9@9?<FB>?5@G<2GDEE>?CDFIAFL@<=EGGE@GHMELAH?LCDKFD=QM>=CG@DD;KO>HHGBEICGH?FIIICWK?EF9TQ2F7JI>JFD@S47JACM=6FDFCKJMZ:HfLMOEKREESFIGKHGHLMCC<?`J@KKUHHCNA<BYRFQEPI=QOM]IACJLCF7C<<SOHN<BO>DNLMB?4LO?A@LEF@KRTDFHNSBAPAE4=J@D>=FJ`EQUHQJQRUPL9:KGGNKLE?WKFKKEB@L@aJVMXSKAQ:ID`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h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{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c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b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cHQII=MNNHCDZS>D9<@6CA>AICGCHDGQB:=O:KR8AECAG:2@9BJBSNDA=MOKFHK9=NMN63QMMV@LH6ILJ]J@NEB7T;O=GBIDNGADKNAJCQh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p:HG9QC@@ICLAJIEF?E;?,F@GDGL@EK7=F?@GAB;EAH=;CC>DGF>EOIQFIN?=AOIHGG=CCGJNB=MCGQ>FL9GA:<IYL<K@IRJ:HF?;ECGD>CJHH@IKI9GE>PPCQDJEKHSBEER^BC>TA@KCJ>GL@GSVO:QBJB?EDMHEQNNLRLT59NGI?FQAFMLP@T`;@PB=:AF<EEBM@@CL:A@F@BFHO>?6:JHU\JC=9>:;;=B?;EUF:KQTL@?UQIAXGDEM;IMPKTMGHPU<<KDFEJS1CHKIEO0FV=FLECLOCFI1@CGGbHAAG3BPTG=A9DDDEFN?KIHJJUI?HIHFB<@EGA@]MC3SLTEC,KEBM:NPE9JHS>J4ABKAFLH;<<2?CII<?MJ9IBH8OEB@AEECJ5B9:AIBABE7C<B6DCE2L>9;9?@:8H7<098/C<8>G56NH@:<8HC:9HG><7A3F9>A>=B>969DC?E-5B=B?>A:?CEC@C9GFE;@:6C?G2IC-4@627<'=>:9D8=?+5@.1B4A3><8=?2=B4>I5?9><ED2??6@D>./<PAC7C22??*<:??>,75.FD=<>6E?E>=>@A2BDAB:>F;7?0;82.87G=FE2>+4DD/BAC@A@38A:E>A0:4=L==9>824BF>D=C@=@6==?/A?A:49=F5H<C><9@7;=BA8?=@FGEH+K<;D@:@7<6B@C04@==<J<9;=A=DA1@G==><A77<3@>44K>J19FF=A34:2(><9:6>:A8D7<F6:C?7C1BF?;B<>3E@79>6F:.?:G<:9>6H56=@5:A8797=9@CA>?@@3@<E884=@;CE??:8:E:.J,4E=9DD=7CD-EG7EED<KD673?C=1EE=ACA:<C=;-B>?BFJD00D;DCBD9<FE5D<EB8A<@99D=@=?G:8A:<CA9E;?ADAA4;8D1?G>A?4-81:@@E:B<@D=DACCA5;=;DC=168E6>B@CAE89C8<=8>68=3AG=F@@??8=B847A=E>;3DC>?59A::@DD8A<08:@4C7<(DGD@@F::A<69<BB?:FA>@??9<?BB?8?A<G;CB<D?=H;@;7<@CD@5;J;B0@<G;39B>C?8@C?A@BA=:CCA>9@4=05=D<9;<EAE@?>G>@>A4>7==F=J9E<5;9@B;?4?A<?@.B><7B3MG@:<8>3B?<@D?=1<G>D>;:F=>67IA?6I:4E>LDC<;<@CJECC;*A=E.B=>1@88<E38=?;BH9>:IFB?<=F+=>=89BAA:D?DE85<@2AA:>9BE;>C;=B@<A20;:C?=9@C/KA=?8DB==>BD0BGB9>@FF<BC>>;@=B=91I>8?009F;J;CB<E8K=5:@=F9?:>>FDC5?CD=@C@-0:C>@G?@DB5A:6;=?<B@7HA8@AIAAFAA<6AF:A<;<BC@BCFA?:B3A<9>D=IHBG?:CAD9A;GDBC:BAC?@DI2>?GADC>?:E74=@;:;B6@<B:;:<AJ>@EID1JGB>7=B;?IAC>?L;=<>BF:E@A?E6:<3B?Q>A:?8<?CD9=H?AA8:?;>>>>C;DC;?@?8JE@CEACQDBESGAFCAD<>K?:GBGKLI9ADMF<?A6<GCIF6KGHD=EHPJ92GEK3CD9Q=M?HG@G>?CEGHHDBCFBQ@OF;3<@FLQEFRGGFDFB@>D>?ZCL9EETSEEI.@JVTILCII4O-MXDDGMUJEI=V>GDFBEPEDBA8:MUNI7IQ<FCBJHFFCLO@KBHJSKN?NEGO6VNL9BE>JCLJ:E<=B2DBNKAT;EBQOG:II?B69@=CB8LH<NEDAFJB5CFNK>;WNFAHADIBSQFL:M4JH4EL?@LDMJK9BDFKVCM@M7C5C9KCB;LTCFJEKI?:RXMIBHKJ@,NO3;FG=B:3P3=6=5BOJCH@:VBMW;JV@FGUNCLI=D,3H@?A@M;<J4CJ?A>O6I>G=DL<NA89<>4HAJESCF69>:@<89H=0D9EB9A@E?DA<F<:=7=C:??8AE2JI.DL@;4AFRL<I>D>EBBGJC;?148EGL7??@7K1?G5B;=62FLB5G@>@@0'?=<5CFB@996DA<J:B<9>D2.C;;>:87>9:A@*F9BEBDH95;5A?=99>7=@M@HJ9I>A7>9A;>A0=GDI,8>A?9=@8C2;3G:;86A6C9B:>/CHCA>6-A:86H=2;@C05<CH*;A)@5A>;2C5==;5<91<?.<D<68=*0>:@4@Q?/>D@1C::::>86F:69?=5I<>?BB@2K66<==.:5?=@E8H;A>19:CEB<C;A;?=@83?6;8>??69E9>7<@E%G?>A;D=?>=;>6:@<G2<9G=74;@FAA.8::C.8@>BDC:C=;=3E.??';96;?DF<D>@F3:>54C=A9@/919:4=@3=;B<A:A/A8=?7I7683@?BFD?9AD?IB0<:>*B@B@FA?/8=9@;?GI8H1I7A?<<C/<)"@CD;.E@7665AA6:7;A@>J:EB9?CAA@D=><36E9CB1>922B:C9B>8>.97A-<BALABB-?7<AG=@<:A59-@0)H>:3>83?A5FA3B>=>6C=>89?0>1B?9E=FD<B=@5=A0?2D@C:=/<B?<E8;;ACD1?:E5@;A;C>=CA?H<<71EDE>99BGD81@=DA5@::A.<>88@<??@8D8C?<<@<1C>@I2*<5A;D=@C@?0DEIB@AAF0@1GK<KB9??59=E;<DA6?>78G96<9?<9C;A8C;8BK@AD?7@:=B>E<?C2BD@/<=A>EBHAI<JF=AEFDDE=6CEBGED8C3A<DADJB?;?B7A49=:GD<AC@0DBD=5;;:CLA7<@ACE>B??CFD?==<;A>F@GAB=<C>?@AA;<<F8=D55<;A<C>FLG<>:LD?<1==D:$?5HACBF?MB>=C:@><A848?G>:B?@<B=7I=?KGF8A<@A8-G8C;<CB?7==7::BD<BC?8@AFAGA?C@<A>B<?=LPACFED8;N<<FD<C=><9<?=CEF8A,:3ELC4@G>A;@?D?=8GCC89=C=B?=F5A==AI@CDFA2D=I(AAA@?>?@J@;EF648H?A>8B;F?D?B<74@;A6=>8;ABA?9A>;C5BA><78=A?68I:=DH>4F>?LFBD9=@AACC2<BG@<ICB>><=EC?<D6J9C9H7GAGM7<<DARD8CCDDIDA=@BDDJBI;LH2I?F>CBGDA@E>HHG@EIBM=HG=BNQQGF?FGBGKGH8<DKQDP>OCGBMPDKK>J>KI2BVKLCFBELHMEQMHNK9GF><>SIFZM5PIHDMOAHNMAE:9FN6@QIJE\O>JP=PPE;AJKEEIHUKLKAQI>>UQIIWNH4X<DKXHNM8FKPCFJ:CKSFF9O68D;:A/5A;HHD8A9<GH5>>;2:6CQDHI=DEU2E?HIMD?IEKYOESXT7CNQB?JN<IKR1@YEBEB@CRP>Q=D?ADA??JD=EDOC>@JVB:9LMOE8IH?ARFOOAHKFNEF?.@:ADDK9LMNDENNHGSJ=E?7:EBQABHCBC<=G4>?C7=/EDEIMLLKMBIPJTKC/QEAD=7A8AGI=E:A9@LTC6G=6=/K$GN?>F@D359E:,BB:?:=J@HHB;DBJA:7B=B==>J,N>=D1FAE@6I6CI6284=-?=59;9:C5@8;0B@&>4>?.;4<B;@@?>9+036B9,1?@BHE:?I6@:=7@:9:9CBDAI>?5=:8&4(7<===;?@A89AD?+D;FC=CD=AH?3:;A=?1A4;:ACCC6:F(78,B>;EI8:@:9;7E439B??:*5@@:49C&982<199?84@97E9=7?4>=/1?:>C=4=CAH8<;>?A>7B9:82?4I4@<>>688C:>53<-=BD66.63>3=<?5=E+?D2C4@A9=?<B/0>D9F<8A:B=AF5L>8@<@G=:>ICC>J@?AEF,4<>?N?C?90G;EE-J@#IC/7DC<5>F>;C4F>4<?LB2DBA@@/4AB<@>9>8=H=>D;@><AEC=F?E8;<99@=E>CA@A;<A;D?9;C?:76:AG.A;B4?@68?:DF>;8::@@8074BJ>F;?<<E=/C<>ECB1?IC.<<?M:5@D><>NA7<B4/;A<96<*<C==;37:><;A=<B8?;3>7=B3<>C'=A8;53B@D@>9><H?I17.;.BC30809BE=@:?@089?0=25<2H<%948<G?O9B5;CCD=IA7B<?:<?45A.>7C=B@@96,?<BB><:FD;<B=9D;;=F@6:@D89:@H>:==@BBC<<;@BDB4:3<@/>F-;E>F4AA=>C;:49A8E3;A4BJ8A:5@4775>D9966B3;=M=9>B?C7EMB=>:B;4<BB?DIE;@G:C4B@L@=4@D>=?N?7>=?D>D0ED9A@>HC7B?@HAHDF=K:D>DE>7HH1BD;FJ<EA?KE;EI@6@@9?I@H8IBEA?;B@3H599=8CG5BB7C9B=?>D@<E=9FE@5@F;BDA;B>=B:D6B9CA4BG@F9D2=;C?C@BD>:@AE/@E/<>>F8G>>@:G;2@A9B<<E>G??;;>?>LA:G=6CCC@8<AD9CJ:JCA?DA<AK?>N7L8C;@<G>B@@M@?IB=9:7@8=BC@AI;HK@:9A,EKGH:>I<GCBG:=5?9;K?:@;>F@KD>;?C=BCGGEDMFCGH=D>AH=DI<1C:AEE;:B6:2FK>G:;G=FCK@E>>9CK7E=<:<DE>3?=;E4B<3K>8@C1GBF<>A;>8:=@?@D?@RH2JE<@7CLA@;LGEEHFC=G=FG@?KHH6&CA:CK?@>DH9CO>;HBJ2BCCKRLFJAJCIFB5CFA.J>NKGLFOE\LDWL9@UM:9FLC<BFOMJ>AKKZMOBP<A?MN99S@@AF=:YJG@GPMIFFCB2TRKIIFHHKCVILSF?XN~RBNR>LHLRQNHO@KF@EB7AED=MCKNDAHMICIPMSEK9HGC>>BQI>8FPJ>GE=3=:5@JD5?=<?:Ui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cJLE9I??BT/?DC>K:F@DG>Q?IFFQPNLR9NJSDIMAHJ?NTILTDVDDJLQT?KEIRFFJ?;<<SBHEJKQ>BCPIGBBHAQWCKGPPAMGK@B>FALLFI9@?<<8C:D>DD:ABGJ<DHBZKHVRGFDIFJDCDCU59OIQADUOO?MEJRQNUKCKI?KDMDJK%@F@>BJDAIISAJFI|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a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c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g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p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`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dT;CFKGGILI=OKFHL@BWMMRB=AJFI5A;2=@EMNBJ?CCJ:ARGJDCAWU@EGKV@CN?M=JPDAD?RBLIFJJAA9AD2BON>k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n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aVF>?<JFCDOBGOIFGFAC@_5M@OBE>CMMR7ACHB@EJAJK]ED@HFJ<KG<DAHECFQ:>>?CEHCG=4@?6?J8=8@JL=CB>@?==??2GG/HDA?GOBNF@EPKLM<=H@OQR9NNNKEJ]G?DHFFBISBU;S<ANJNVNeMFSe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`FBFE@ACJECLRHNFQSBELPQE@:GEIFEBMMOIIK>LO@@<6+BFPJ23IEAB>BOF??TA?H@@9L?@KCDMA,?M<BKEDETC=:A@N>F<<DBLEFD@59QFFABA?B2LGD2DA=MB83AAG6@LH4<BAB3>@:@E>6<DB?E6E@KH5IA?7B?@EGDE8C:H?@9=@>6B:@AC>A*F8BD@?CAAB3.;C8GG2<LI5A8<DBH;<97>8<94;>/?25?@FD=9>:DA@4H<<64<@=HAD=:>DLD4@B76C?>G?;A@=>8>?<9?=CF8:?BA89<?C;D;>LE;45A:@6?C-LJ<BBA:7<7AA>AA;BHD<FD<=7.F,-5DKD7E:>C@@G=8@H?CA>B7?0FMD;?OB<9C;9@=6??39?BD>A8<@A>F/?6:?AABA:??6:E<CF><LFD<89<3C4:-<8;F:29D?>FA8ECEBB9?-A=2BD<;9;?DED=<A=D9AS>F2=BE9AH<5FDK?@B58EEEJ=@CD=FAC?96>=@A>B=BEBBACBA?C>1CIBE9=EHDA@=H3:B>DBH;;CB?;=EC5><=@>?D7@;0?=E@<AE@?B:DB;G;9BDEB3A@ACABGF8<C:78B?=BD>1<;@E0@>77?7?66>AA==8=0AEA>;CC=4=>9C=A@EJ@;A2<H44<5@7:6CB>48E6A1EA7;8<;B15L>?>85A9=FJ7B@BAAE>@3JB?A>7>A=68HE95E?F8A=>C<?BDD6;B??BD?C<A@B6;5FD=CB<B=6A3?9@=:G3:89AI9A@E>8A89D8595E:9BB??5E@2<9?=7=A7AG;B=<BB.B<8+B.<2D@?BC89=GC=H@9.@:D@<>F>2?=@A=?:@D@9@8AB2J@FC9C9=E@@=AF:=>8BHFAAA<A;E@A8=AB6:?=<AA>=;==/=B7?7>D/D8F?CCF9@BBC83@FEA598K5C<*AGC4EEA>;BE>?:A=:6H@BH==@@AEF?C-;C@9AEGB@@=<:=>A>6@7?:;KG:=7<<B?5;E>@9=D7IBGB5<H::??A>C:>6::BBAA7@A?9C5@<>D<;G?@8;;@FCD69ECCB>I?@EH8?A??5B,<GH;E?@0EDB@1;88AB?BEDB7F>D>:>G:F7H@HA2@N<8BB;>=<:NF<?<HC8;9CE;E;@BQBD9NH>DC?<?:<@DA=JB<HB?F<@<IEABEB;<ACE;=>><:HMJKDKMB>E5;CADB@?D<K:<:<?DC@H48GI?@;JHGGH@A?:FB;B7FBCDHE7JGJID=F?3GJFLGKFI:F2JCJL<TD98A>JJFCFA?AAAB<;:2:F>@GB2MELM<>ICGFIBIBKLL;HKJHGNF@E?M=FDAJIECAAA@ITID<D8;F>FKEBE?;>PHIRF?A>6BKIEIDD<BO=RJ<B?ANQAGFR?CROCMLLGE7LIHHR8EGGOBRHM>ACEVFJQOGEMRMZ|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e>C>:5A?EK9F7BMEB2EB;MFHCEMDH[GIEJCKKFFEDGALPGHE@=AG=PF?PHUJE?NBEHE3FM?IA>BBRQNK@THBE<@OBCFCJMD=I?COFABIMHHF?IHOBEEF>IOCMCOK8IJEIH7AQ8=EJO?HR]BBHVY¶ÿô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dÿÿÿÿCFHGIJAMDGS@FE7HMDAE>MC<C@CD9<7EA=E<1A9B;H@?BFBB<EDB:?LE@E=D@QGHMG<G?FKHBK>E@:<E@2KK;MMPCGMEJ>?QCMHCBKDJUKDKEBJBT?GIMJDAD:=9NR>MPH?F?BXL@MVLDSHSBJMSIDO7>=GNGACHANKFEB;C@L_FANDNDFP8HNAFIA<?@FSE5ECFJOG9>5<@CDF>;FABQKEGDA=85@F;CC?ABAHBDDDLFGJ=8D@GC45G<;BEFBAFE8C@O;GC@4I@DDF5C<AG?J?CE:EBEA5CBAFA7AI@4;K@7@4F3AG=4H>G<<?C=;7:904;>H/IF=C?;9DIIFC4D4?<K8?CCAD8<9B4BD<:66;JE@<>CL6@DB>>@@?J7?/=;B>7EB:DAHBC8EACA3:DL;@=;9@?;D528EB38K=C7;<@?:<99>AFAO>CFB3CAH:LAE:??5?CD@LB?F?7DE=:<B,G9@ECAC@;C3E:@@@CBM>?DA:>6A@@FF:C?BDL4D@B;=JC@@9BE@<2;;F=@6><AG=CA@@:8?1?J<A@D=B=C@K@@@:>?AD?@E5>JC:FD@F2I?8?=EDG>D<<I?A:56BF;6B=C=AG@>=?@?E=G)@>AI48A@?2::D:=E6D><=>8:?E=C:D:?2F?C@46G=F?FLIA=F8C>;640:?<:?7EB4,>>==A23C>,C==BB=E5<.5?99C6<77GA=B;ABD69@>B<<B6B@<G?I6EC===/<:-5>J>8>:>?@>N6F7C;>?9>G2?C8??@F@C@B6B:@?0,8?<987D>C=9=6@@C6<1??*?D;<EA5D=C4?C:=:B2?8E;<9CE@B?@09C2G?-8:CB9E66;8;B>9;ADD9C@>9F?:;2CDE?E?>5488;GBAB8>74;AI>@1=?7<(-2A?E><.C=A;<BJ68982F=BH=0B:>8::;=AC?8BB:A,5BBA;<A(=D?=.CB986@H;1EA>98A:8;E=5G9:=9@G=:B4CE?@:,>AC7>B38I:$-B;GH=;D<C5CA;??;@F<55FCB<E88@@F9CC;;,@BFHBC787870=<A>4D:=;H803<>=>@>8<>.@@6@>9;:CDBE8?:82D4:G;;D?7:GD?AA98A>=A?6?;A:J>8B@B<@G9D<EA9?CFA8F4?<4=B7<:B4>;:=<8<<AC17?96::?D@H>;D?86=G=D8G/AB:?J@C@<>B@B<I?BE5=<@D6E?FA3JJDD@8<;E>:C:>JE9<EGA9>?BCIDH4B<69?>C?0CBC?@<EIFEC@@JM>?B:3AE7E8G6F@:@2D+;@@B@JEI>G><E=F>MACH6LFE8GBC>:BB?9CHEM?@B@65JD@C?74FA<@DHEDBF<KD9F;B@@<AEJ6A?.:HGGLICFIC??8MC@E:8AE?@A<=F>9BIEEDK@G?DAFADHK;:FMGA@A?AMEA@DJ4>:I8F4;<<CEMG:ILE=GIG>=GELBGHSEKE=P==QM:LAMNDGK@KBNBAAPRLMB?BJFQVBSH7HLC7D7>SJ8EMZDBODMBBJQ:KDADMHDSnÿÿÿá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Éÿ�LDQK@KJ7MQL;TGGF=II8CA8IECELDAD7ECC@AE<4EAJFD=BBDF?9<AEG<=>LEC?<B@EE>PIJ><@CKD9DD?CNAH=QM>NNCNbMH?@M8PGGIFODFQ`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b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cG=DCG\XKQKJABGWOGOLHCBNJ<OCH9MOQCH??PA>MG:QSLF@GU@WQUI0ZNNBKGP@TTSC=GPLU@@LCEM?9>H.>@8EI@G2J7HE/D;:<=&G?B9B3><AC@EH:J:3;I@P@LEDGN<EEJB;GTGI}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nQOP9OBKG?RF@NMLIJVMQDGTOGHKHAK?=LCGP?GS@aO?VO:ORQUZANJOEA9@MKEEK:HHTNBHMC<I7D8=8?@EFG6E6A@>;AKD>@B<<>E>?;3?JFKOGF>BLQSOJ;>@BGOHMG<HUE=FNWHJGSXDGRRH3KHIIPGG?ACR?UL@PADL\V=JULZDSSMERKEJ<FCJEg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k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bIGGDBEDKMGFMELIBCQCCJ]WNLDMFO>GPYJK:JFB<D>;=:OJTFD?G?GCACNJFHGJTKGTEHC>BCGEGMKMH>D5S`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kXH@CBPXGGH8EJQ6A<EKJ<8:KCCAHA>>:5DC;=8?>?:9K5BD<=E@F=<EJJ>OFMM=DJNI@BBIBIGUC@KTTJJb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d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p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eIIEFDLKLNVGTB@GNGBA=>L;JK;FD2G39CBIA8B@<;CI@?HDG>7<FBF:HF:B<CAFI9GHNI>=B\I>K=TLFLSD;LRDC?F???C.;DOI=PGKHKEFJDb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eSKKGGC?CWKVDB\RIILKLIAGC;QGKTLF=Y9NN8FLJRMIPKGWDYNH3:UD8DGNKOGFG?NLaRB5HPGFDFJIMDNACMMSRIHJAAMC=B=?:A=AEE<E0=B@>C5<BCFI5E;8BMEBJHK?CIPKN>GEH@?EOCGGRNJLJIODGSCKJI>JJFOIKHNab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a?SAFHOQYBEJQQII<@JC9IBLVFMNGCNSI<CKIHHGAB:J@CBFBF?<:I?G?@=GKGFKFAFDCNQIDCCEQUQE>ADFOYFQEROBETGCFUQGSKMIQLUFGCDH?Rc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aNIGILCMIAC8C?RMQ\YIGO@BLKLTFOAHBDI=FBAEEUSOJHMPNKMKIKL<A?GHAG8A=A?PC=4?H;06B@HNAI<?AHJI=E:LH;AHNDHMLKJR>DIKJQXHNFGPHTy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dEMKD<[HFIFJQCNFIWA@LGGTJGFUEN_EJECFIYDOJK\CFFS@OMU?KEN;B>/SMHMLI<<EDID9OGJA=?=NB?E?7HGA6E?QGH9ELP?EELCGJJ=HACDPdSTPK3AKFDMK9ESVHKOME?HD<KD`T=KHG>=IYFHABQKC>:JF`DMEQQQEAJUMN>PFDL9VSID:IKAER>QQ>:KKM?KG@CK?TBDCCAMDB7IOQDBQSGC3?OEK8FDOPC;>DFE@EC4OGK:V9AB3JCF7E>DG/DBHUMHEAALJ?HG<8AJI=E7GMB:6BLD.BA:BC@>?><BA7CF?FB>C>CE:-JBCAEE1A=<N==AE<??CR?DACIAE>@A4=C>CFO94=5E@C@>BCA5:DE;BB0A@KDE@:=IF9A=>C?8BDB5?C>3:D<=<<=?A>A1K947?F;E:?ADB@@B@;;H:D>CGA=9@58>F?C;???95<?H=0F=:86>:@?B:LGBCB=J?F:5B97@G>03?CBB?C?JDD???BAD<:K9G5/6B8:H<<7:EA<8:?C?>F>;HDAA>D?@::G:L?CD<79>=;CDI;J5<>C=FA9?;5BJ?@./<2C>EC<EC2@8>H=9BCFDAAE9?@??=;E=GAD@9DE?A4>E?H@:9AD@IH9;B=96EG?6;;0/<FC>8AEEB4@1=1<A;;>C:>6/;?@:=J9IDC=>3@4>>B?9=??.@??HG?C?=A8D<G=>D/@>2EA<<BD<BG@98>8:0>AD@?D67A6J<B=?G?I7C<BF>CL9<B?7;;B>@GD@8@@CC=A:;A9GCE9DG;<8:=C@>C7C5GGBA@?B<;@D=>FB=B?D;A@=04@8?=EA8>E@;7FF?<DBAB2?@47D>EB<=9<=I;>:8B><A?=3<93?;C<=9-BGE:?=>>BHEBBD?:D@:@?GCF:AE<CH?GBI==<5F;@8I>=AA:F9>=<=B;:C8;E?H9:E;>DF5F9J?F=?@;:C5-@46:A?>C2=BC?;>DB4:<B;@CAG5BFF:B=2ECIE@<B;=ED=E;?<AD9D@EE><;BC9E:BDCA;=?C:ED8C;FC:CHB@A6>@?A@KH:C=A6HDB<3DBCAADB?AOA@C;<:;F;F<7BC@>:<5E5B6@A=H:?9HA=<BA29FDF<:FB?<;7B;B@G>RI9K?3@AE;><?@CF=@C99@DA:EG?EG=7JAIIB<<8??ABC7@=8>;IHGD;7P9F7:BDC:H=BIGDA??@E6@D75FC?C:DBJC<FCGOACC>E0<IGH:;;<>?B9>@<E53+IB7H;=F=A=>FCC9;6F>>A7>BFE=>IA;LC:H:C:@ECCE@FABAGCEHA1=<H:FDEDGEE=>F@AB6GAE@;JB;I>95@;M:DC@@JN:H?;;B<M@7?I=?K@G<>;=C795=A<D>DHHB@BHD:IBAC=4H7@@?9@@:>@BELA=AKBHLA5>AAOCB@DHG><J:DD<D?>CC:FBE?ECH:JDDDB@GJ?;EJDQHHA?FHC@G@B?CC7HJ>FLGFGPEJLLE??IID>GNA?B@JLEB<=GKHFBECADLH?BFFKODEMIIGL:3KNF9CJJKEB5JKD`HFDHL;QIAIJG=IXNRF\LGBKABEOEQQPI;HQHKXBK:VDKCEABFLBF@>JDCIGAR99KGFCJB?A;=ICJE>FAFCG>LDBLIENAJP?DEOBJ?E[JPUMH?BLN[BI7PPVASM9C>BJH9CBI9;=VL@FHL=EFBGGFF@IGGTLJJJ6=WGOHDEGPLPDOKRMM:>UTPFBIFLPUITJ>KSMQNQ?M@CC=DLB@JIb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`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aBEPVHNKFFJD4FIJWELSDOA>M;D@??GPIgORP@SSKc@TECH\DJIPGQBKHISIAEMAPGNCOF=DBF@H:@;A3JACG>I>ETP7HSJJKSVHVa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`SQEJJOXUD6P8:PTLE8KDCPH>>IDHBK[KF[MBCA95FE7BEF<LCJB3@>J]F@HHBPK@QC=GCE:BXJGL<LE8DG=IEUC9LV=6;KKJR]POc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a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bCMFCMRDHGC=BLQ^C?HLTQJKATDT:N\f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`QCJQALE79>F?LO=BHCKCCDCEOKGB=@GDEG8AQ;@BBC6JAS@AFGONLOIKOL?E`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m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`HNF;DEP@57RMNLUC@M@=EDDBEE>EH=VEVJLKGOHC2TNNMKE=CN?VTEC;VO:LH>I<BAINODM?EFACGHELHLDENB0HUXB;I@D>L?D?AREN>JEPAENI?PPD5KO7L??HRP<KCEEBG@4EEEBDADIL9?VVM?DBH;BB?D@IAD=@<FB9ACAB>9BA3NABK?D-=DBB=AHC=DIMQCHB5>B6A?CCFGBP;AO;@6KEDBEDA:<?AAM+=7=3@C,C:2AAG?B<8@E2E<'?<:=:==A;<CA>A?5ALL7?B*<K;0>5G>2;?>:?3EE;I=D@?<D=J9AE8=9?D=F?<,@???>;G5>>55CHE.E4@?@@B?8A5;9ED3D=CI=-:B9@;<@@F=D8<HC4;AL;=D5=>C@;B?@EF3DA9?@G9A?@8F;LA5@0>5;?@;?D=<2A>H=CI>@0D;ACA3@AD=?FB;@6B@>6?.>.CG@:9+E=F.;B=D;:;2;583D@PA=;>?>B=:?49??<<59@,I;6+;>B@;62>B@A=7?F;@>;A3AAD?3?6B8;A<B:C7?<;CA;B>AA57E>?6I:F<?@&A?9C@7>/6;2AC>D;9;;A=87C:A2F?@CG?DD<284?E@AA:AB?.@CC?CH/9D9=B>;8<@CE6A:57;A0?;+98E5C>@ABAA-C?A<=,<=ALI0@4DC?7@?EB<>JB75J8B;>:C@?@>=G64:GA;7.A?78B=;<FD1CE???BA@?94=A?A<ADH"GC:BB@=?=B:C6AF>80;<EADF>EFDC==><A:C@2/>?@3?82528@:<F6A;A@EB@A8CF9?8:;:B0:3:@D1DEE6B:EA?=?>:B=G-D4679*?A=GB28B=39?9?C>:0DBB;B8F389GBD4D716B<E5.DA=@8C?4F=BC9:FD>795>4;D@68B2;@1C3?<9E>B@6;?5C>=G?<I5@@<:=A?:@>8@DHCB?B<@A@<A=A8;F:=D:5<<AFDD?><=@:9=?=?=387D;B@B;JC=<F=3:9/;7?GD<=@39A<(C>E=H8F8F/;A=>CA<D:;GFBEB>D?H:IE?77=FAE?A8CB7?A>;ADF8>E@B=D@?@=BG;<D@3@AA=>B@=;D??G@HC<KCD?;F85E@>:?2<>B2:9D<>4A>B7>=B>>C@<ADC9<E=F@0EAC?7C;?7@<?C0B1H87CC<A=>9?>AE7<>E3>B@>6@CAOHI>E@=9C77D;D@@>C1CCG>=8E:'?D6CF7IB@3C37@=7.:?E8FAE5HCB>;?@=H?56C<>7G=8DD>2A7IJCG9F;;KCCEG9;I;GCA>?CJ:=/@ENIC<B0G6ED.;A=<36?B<>GJDF;KL;<DDIJ@>OH=9=7BEFABFGDG8?GCH>AC;K9TNDC6HLMB@IA?A;GD<<DFBF>KKL>IMGJF8PHKDLGQM5@VQKKAJ;HLBMDJI<EIGDG7IH@DED9=TYPGJ@DANbQDED;M<ICIE=H<+GPPPC:M\SCLK>E7Md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m>7D6PPQCB73MBXOIJU;FK7GPB@K>@KS?GB8F93M<D=OY;PAMDM?EH63?INIAECIQ;<FNIDNMOQPOL@EKJF6RQPSVJFKMCPLNKIA?DDUGERGOH>DTl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d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`TOOHMDPQJKDE@TJG`AKKKGORJTKU?SOWcPPK<@VICDUIKHN@NHO>NSAFJBTBKKI@BTHHMPNJ=PMF:FHPC6:NF8<AC:JHECA>PFK@UMUNPAPOL>FCGWHSNFGGHEN?DIEBGSLFBFGO??EWTFKQAO<FRK@[\VCIHJEJLcAFES@GGAVGLVOD@<LIM@DKLIJGG<BE7L:LB]?THCK5B<ADZKDF>=F=<MUHIEGBRO0FKAGGRHBHAGPQD=8:K87GH:9>>B<EEGBQ7@@D;<?1B?CJ>>IDC;I@DFF<=A:H.A=C7CADJ9E=;@ADEJ>EACC3=@:C5<B=CAH3BBK;?M=;>=C44=K>FM=DHC8;B?8B9<138==A>-BA>-<@97F>8CBB=D@:FBC04:A;=:<?A;F66=?D@>9C=:J8B;?=<=>6<=@1?;AZ@D>8<=HC=>@A>6A9?D<<96G>>F=?E>A6@67KF?C>A=@:>9JA-F0<E2D@??FD8;6@2BEA:71618::801B<C>(JB2@==664GB>76@C<5=<3:=;HF274=II>61:A3I3:@<;B6@A=3?8:5ABEACDE=F>CBDJ9762CF30B=58@<;5?F@>7C7D>I<8<:?:4H<A0@C@@B4CF?7B6.3B6I3<DB8@?6@A6D?85995C=@9F@?@7?C@=<;=>A@>/<C8BG58AA=A?ECC@<=?@@@:C9?8?E9>@E;??DG<EB.7AA":@A>?AD>7;9<;EE;?B;9?AC;;+:6@3,CGB@.:<:;948=DEA@D=B::B:>4@77681A:<::9GD<:;>8?BB6B=@C@76<C:<8CC6B5=C93:>C<4E:;2>>?+3/>DG1>A=9:?AAD8C76A<@55B>DL=C9816??BC6<BA7@;B8?F;:5@2>=C1?</@>?9<7?4<5'99;=?B9:@97B:694@FA:<?F239=1=A>/CC6,3<5?C=D83=49<B?>//CBB??3CF6C@??D<<B9?;B==@<0G4976<FA8<5D9I<F?A8CCA6DD?BDF;G>9BBD<;?D?A<AD?F??DB:DB>BG@:E<@ABD><>;AD;;?BC<@<?8CF:FAD4=<<:@;FB9D:@CFBC8=C,ADDAB?A0<7?H1886AJ8?<@5G+'B>B99>::4C>G?CF@?B@F9>7?<:<:C=B?@=6E>A>C=C8GAA;@FE>=8>GM;D=A?>DD=H3DFB28BAFF83DI;3<;A2K88==;;@:>2A?E=8?E?92938?D=26F=C3C?2C869?><JEAFAE:;C:<BA=>?C=?9:AGELI?95@A:BBD>+==<<??DFGA:3DA@=D??:JCCBB@CBFF5CE=@9BNEGA72<A?A?>BB7?=>D?I;>.>D76>4?A,?=?9:C8<EB>=>E1?EC<LC@<F5??6OH1F8@9D8D0=@AB@H5B<?=JC6DI>FR8L?EM3=@A?C:9BC=CED6IL:EC=;<?/D:FBGIEF>2AKGEI;;BDMFE1?H;=DICKG<IBCE==E>GNJHDIH=9NQACD=GOQ6OPBKACGR4NMFF<BDBFJFMJ>ID6NHMLT8H@@IH6IPDEFGFO6JMOGNIWMEBAKWJBC_RQCXJNCEC?SFDSDTGEL>05LKKODKKGCIOFBLFDGCMGD3MCKGO:I2;4ICJMHE7CEJ:?<PPQSEFBJQBNMEP[TTDPSAFNBAEK[PGCEJHTQHNM?TIYOF;ILDBHE=QJDANVMMRIGL?EJI?IJI>FMKEGPEPEKFFEP9ECPEHDH1:?>DMLSBE9@IFCJ`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hHKJJ^@DHC:DPJS?N@HHH:BEGREE:BDAIRKSKGRR?MK:;DGWMNOEJJFAA6B9<EIECBHD>LNP?CD6J@3HF=F:L?KOa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hPHNODOQ<JG6H8EG=M??:BFJBHHOURNEFIDCH<:FGGN?>>MUBGOIDJFHJPDK1GKN8D@@1<KOKTNKRIPNIZSG=BWBHKOWKL]RRFCZR;F<DEKH>GQLC>@RIBJKMEEHHRGARUB5I[RFGTgKSQ>I[HCHKBEFGHHEBbC?LQMOHFH>\KDBHFDJDH9K;:C3FKAHK4CIeOHDG?JHFACE<>BE2F3GJLRKCKDIKBHINID?:IAGE<3BJ?HEICHFA>J<F?;DEAAKBIGBH;A:BJ;EHO5CCG=:ALSELHE><=BE1F9@BGCB=CB8FE=9I?C<J@KGGBDAB?@BGCDA???2F6@B:G@4@C>IO>@??B=<C?;ICHA8?@=B?(;:E@E>>B757<27)A0<:<8>8>:=DB?B,???/99::5=4B<@;43=>D?@?=C;?FDG98:;&=7D>CFB6D>>89=6>3:AH<>5<8E?<:<A3;?@F<6:4??9A=@7;/G4?@C;;<GA>A;8<;<29BC<@C=@BA(0B/2:;D:>A/=0;>A94@?7A:?7<02>?E-@=7::@F8;8?4?5;H=BCB;;@BA<AEC6A'4;5:3<DDBB<B;>;@AB>EH-A:A>BDA7I;H=KDCC>B<?6;8:?897ECCDF@>DA<>=46GD@<5<7;8B<2@?C6C=I@<=3B<AED??F:C>>==;=;C@@;>>?<E8><C>0<E9B:??<?C:=D,;D8BACB;<7<C97=AI9@;>=7CD2@99B><5E5CA8=B;?D9:.;3A?@DE>BDH@<>A:D6><F=??<9D8CH@@BB4=><9?<:<@4BHC:@>FD<,B8;@<?6==@8BCC<FD;?A;<4;=8@;;2HA@F4;415B>?E95::9.)A7;6?7B?1FC:=1DBA>/>D::>?6K@?9=A:C>@99<GE<<>A<<9H@<>:8@AB6><E::>C?@6@5EH9>=A3BKB?.H==BC?ED?A:89G57=??<C8DBA==B>;CC:>A@G2?B<E9???B8>>7D<?<?DB>=A<?;,3HCB?FE>>;7=DCD;8A>BA?A=77B@=6GD4;MHB?B<ACG<A?:@=6?DB>?E95D=?AC7HBG:@@5>C4M99<9B3<HA7D;<@:4F1>@GE9<@:ACFFK82>?4B@>;HE<8-?=A74C>G4;?24A5>G9'@>GFD@:<D>JBD/;?E>EAB>C<@6;@BACA<K?B9@8>@F=5?C?:D=AB?=A@B;GC3DJD::=I;5;;I=?D8@>;C?@@@B@8JBEBI>BC?5AHDD>C)IIE@BICC>F6>JBG674=9;D>E?<?:H?98<?ABGE>8CE?J==BAAE@?EG:D7B?AE=@=C?E0?@6>A579CFBMBFKHCBID;;H>5?CH;@@=IF<E<D:;NCK8=F@3887BED44GDA@F5A=@>E59K>IA>?;HF=:EBDDGEA=?B=E7A?BI=H;B>@A69C<HOEIAFF:G;BEGK>I:CJ24BFM<8FFBKFHEMFN>79ACAB9>NRA>E>@PDJ?JEKJAF-GH@IHH6JBKGIAEAIAAGF=D;GCGNJARJCHGQKWG9@FJHDINJLK?KFDF=JPOKD?@BEM>JB9PI7APGMSJQQJGLANNLGQKJKVIEFJIIO^LEHONVOFF@ANNILPGAGRIRNIJMHHSMB>H?OF=DHIMQ^Sa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`@9EB>BB2IA0<8@HCAF:??E@>AA8A:AC=/<4?08E>=AA?B?B>B<?@HODDA;ID=<A@FC5<<G;87A6A944>>>GD5>?:>=?6AF=0;F?AB>F792;K@B8>K9>8>@IEDKDE=>=@FI@EF<C>ECD5OCBI<D'I>@ABB@<DBEDL:?@=J:E@;BBCBA1E@?@A7HDG@BEE>ADE6GHELD2:@?J?>KD@?;EK=G3@@:IHJ7>CEMGDIF<GFFK<E0<@7CEH<>CFF;>GOD6AK@@J<E;PL3JGA?BLMOQFOQM?SCBMN?FEHLJBAMC@?TNVIJA>D?LJGBFV\JGEJH?MKH9JIMBNSEINIDEOK;JDLDNJGFB=OVHRJGHBARELDBICFDDJLP@?Q:FF6ESOV>8GBC9GKNDLE@XRCSVQJKE;QHBO<FP?E>;Hg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bBGEEQGAAAA<FK5;<CBFDRCGI1:>LCLMF;6N@VOM4BVADEHDBADE;BOH??D@C/KMEEFG\GDE5?BJJMK>CNCCFCAUF<O2KOACKG3LKG8NIEHJM@K=JMDC@EDKAI?KF[PJNIG;VNQ<>PR@A`JLBENAEOCDBHC4HeBCLAFRFZES?CXF:;GTE>GTHDCM=ALPDGKHI1IMDG8GGMNM>CEJ8PBDBHBBGJKSUNMA@PE<DIC<S=BLLICA?BSI@>LPDE?@F<<BBFICJDD?;8E7TBLGJ>DWDK@;RDCEB<>ILBD>??HBACCFG-KE<>?BF7D<H;?B.GEB:>=FDDQGBI?>=8DHA<D@E?D>DDK<CFPAB<BCGC7>B>ABCA9I@<6D;E8J=@<E6A;8I>D=B9=;CC>=E8::>EE@@OC9;@GD<CKB==B5=>E>5GD=VF?HE;=?B2B5AN:>89B>CDE9<>9ECHCM=@GF2N?AA=CI860B=BADCAJ9@A:B;3@KB/?<<6EL;?GHCAJBA:<?:DAJ>52@:G6A9BD>-J@C55=B>F9.@C@=B;83?C;9A?B>@490?=B?E5=A@<<;;=9<?@3B7@E=C:B689?E7C>E=:C8A9E?E@GCA/?1CB;BB<:0=F+F@8<F>?C?87B5G/H=;:;E/CC?B=B<61?B5A;;@@BBB:@@CAH67=6B9>4<>BAA@4?CA3>9@3?=D=B;6?8AG6EB@CE@7B;A?;:87><ED>@;A@@BEBF6?@@C=@-K+A=CE>9BACCBF:D>@BC9:CH?:G@1=<>3=>3G:>9CC;>8>?91>@;BA:LE2??E6@?9N@:%C:A=7:@;797@@D0E92I@BA;=C=;7BB.5-?3@995=91;;9?6=>D?C2D:?@BA8B@>:34=5H/;C66D7==F:A=7A@BD@=7<B<C4D<7D@?>A7?BD87=B5<E=95;G:@4@<9DFAH>G8B=:94<A>=5=A@?7:>;9<?3GB9?<G?@<G9?D>BB:36E@A95?B9C78EE@@AA/F9J@<,8?:-@?3>LJ?7FB3G@BBA:@GA?:C@@2?97:9L=C6>@:@<AEC:??E;=@BFEFB@D>>?AC<A@H@FHCADBA@F<CJ@BB3<1?:>H?CEA@I;B;D;AIG@=@=4;AJ=4D:>EGCA9<A>F9<B?H=::3968DE?4>B5?<A>D9:><B9C?D:<;DC@@>@C<>&>5?9>8@I;C:6<.6=/;C?A5=CEB=84@ACC>BC9C?DDB27;;5>>A??84@@JACF@D12G9DE;C9BA8JD>B<A8CA5:>C?4@=9?DD6?;=BD<@07C@@<:E.E2;AC0AB<BB,BAG:B2B:8=>9D8<>=667AJB<<JDD8-4?:@DF>EE6@@D@5FEB<;BB4:JEBA@C08C098A@@:54@A;<<7E4=C?C;<;B<AC@:K5DHCF0G7B=EETC<=:6B??F?>8?<?:FBG:;DC<4I>>D;H@:A?;HIIBA:E;F=BAAGB@AB@FBBCEFFAFMD;?C?4O:8=H@DC7D:HD<H7N8B60-@A:?8=CL:KC99GFNCBD5DE6GDI6D=MAIFIAK>>BKLMDJ8ERTKEQK@>HMGVQII<H<FHNQ@@IJ8GMH<JHDDC@??RQMOBHJJKQWLKLIKJPAP<I4KGGH>CGNCLRTWMLBGF<BGMFBGA@YIBLD3<:9L@<HTRERH<?CA;FGYLGPIEAGSYN?ELC>OE<E?G9PKDBETNBQL8@68LDGB>EN>IJ???N]YDIUT?DP2BNEZE@BHB?B69N?DII<DFJCSACAQ?MA?>H66NASH>9CKEA>BS<EOOH?GFP79FXLK?DG@G@D=BTH8INBA>LFHDKFG@I@/E9BKGF?CHDO<@FIC9CF73:1;HLL=2?C78=I>BHAHF8<8>=F=?,7A><EFGBF@8>C=;@E;C9>AOH>@A;A8C1F5:853B?<<4C=B.A?FC?9>;LFDB06JA5CCCEG42A?@JAAB9BE>>:@>@=CB6:52C8B@C>A;@=3A=CC?<==B4?9(;C?<>.2967>=?BB1>71?DA:F@<7A459DHA/;>E=0>B;MC0=B94@G;9G@6A6<=7AEB7C37=;77>3<;=ENB:,FDAA15=2;=DD<B7<=<7AA@5EB82=L<:9D*.=>9;:<:@?0=B9E3<D?=@<2EC==B=>G5>=D:HG6A/+C>53D8;B6F9;.'5CE@AC;6B>:2:C=:866A>:7:19AB87:=>E@B<=@<B7GCBAB5=2;BC;7EA>D/=@<2-879>D6A>CB=?A>5?@4B;J9=?GC;:23=6<AC7?F:4A6>5=BBC=L?><>7BE<BD5B=@7EJ8D8@4<EFC?AA>@<@6><=>==<E<E:DB>7F65<E<<A619DK585.=C;?54,5B=384?BD<6=?F@@;;?3EE9@=@=3<8D;6-.>I@87=8@;@/F5=B=/<5?4919C>A@>H3=>5<=9BI?AGA5;8E;,2;88HB/:3B7H;C=@=>=C71@:8A<8A*<E>;B;G@6D<4;:DEGIED38><@CA:>5>=9;E>8>D:/7@-;B9>EDG?A?8D>18FC::AE<,;2;<B;35A6?A94CC>9:?39C8DB@7B/8B7966>C=DD@47:7@DE?G>?<C<=7>D686;;;E@@DG5A;?;@;AE8AGB<=C6?;BCE?A;;@<A>E@C<9C?F<=?B>>G2C;9=I@DC@7?=CF68=>C??C8AIEG9=FFG:Q@@C5@76=B=AE8;<;8<:CE=5E9A.<;*?:6=;G7C>-AC?HAH<?@27<>?:>1@=>>E;D=;F7BA86:=D@D3@:@F=5BBBC8>69:@@I4>0<?%H7?DAA;1B;5>;-<<@@8776CEC@:8==9D7A8@=;78@C=E<D<<?B>.18C89>9JJ>=I>@E;<E>J=?DL<<??@9?BA>@??IA>>CCF<<A=??64EJ=H?IG5G5=;E@?DE=@@>9CG.B@@=;>08BD?>9=88G<<?4H8;?3=>I97PFB;5E>C;<9<BG:?E;<:8@3:?91894=DMD=ACABF)HDSBFJDD:;8>@:1>BA@IJCO8?CEKDEDND>:@>A>FA=09KJE=F?EABJAE;AB;3E@E;D;@E9;BCC5<B5F<FG7<FANB>BA;ABADGa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e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cb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d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`I<@NVHG>CQDEEOJ=<KE?EMLD9LGNUBD;BJ?NHDODNCUNOWNJ@7LOMHDFDNBBJHEOVFAPNAHNGPI5<FGFJFFRJEOTEN7RCG?<E<EAMK@HAFKLI\RCV;=KMAIBJKAUUDJK@S<GGg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c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`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l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cE2:@4A@?OG=<B<@3JH?7EBH@C8GI>;EGNEFF?8F>LHE<5<LEI?JFEHBC=LDGRJ=LFG:J@@HBAOGHMXI;CHFKLJFN=?AMF@KYC,EGAG;MDEIGD>8>F@BINC;;=CEZF:@=M=HKI9KJMNFBM\9=L:ER>JK5BIM>MCHE>NKNJGKR85CCDE8HJML>I>CGLGNK4EI@^KHOBPT=KWJQ><ABHb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`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`=5A;2E>><@;BG6@HDJ?:<5CKD,D<B75??B=7ID;96C?ABBG;B>DJ:B@I=A2=GDAA@CLD83DJ86E?KF8;:GNC=T=>4<GDCBCBDEADAI@<A4=3?>F>DH3D7@KEDGII;<>DJ<TD?B<G@6G:I=L0LFE>NGB>ICCSCMCUZHHCMOAAO`=B<<G?@MHPG>RIGB8<@KF@K@DRRLMGLJEEEVTLEMDA9GSWB=DLARKFDMFLCA8IE;REXF:N?>CCF?K[AC<;FM<DIDNXA>CTJD>K?K;;;QN=WKI?7=GLNKNILSP5CA\HVPUa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`MFGB\B@GHFQH>DDL6@M=C@FGUDGF@>VOEPIDHK?ADPDMQF=IC<=AD@GLJA<LRDE9>LQEm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b@>ILA6BYGFBBO@DEDBCNH=OKFLEYCRIDKDJD;=E@KFHEACBIP>BNO>MJN9KTIOUEEMGGPPMGGBa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bJLGAEFO7EB8<<NKDJ^SIHB9O?@NONJCJF>RAP=ISHe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cFB<%=B;BCGKN::A>8D>AACE@AGGH>FD5PF?CB:@I?KN>DH7CCHPBJ>DAHOOL@HGN@A6G;KI@8HGCNEGLIUKBNEBC?BE>;=JDBFDNL7ILICAVG@EBFS9MEQ?F9I=PODGK95=BEE@C>FEFAACNKFC8HL;8B8JB/@KK=@D;?MTLIFQRR=OMGGILIN@2MMPBMQMLIIKSEQ<NSAFEDAEGFLWHA7EJH6ASCLGONLJQEJ9FED9-=B@8QHG1Bb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b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`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`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dNLODH?J9NCGFDCIIFE:H6@FKI+;DIBLAd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e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j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`DJf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aFCC=JONEF;I8D1EON<EBF=E6JF@<8>B9FL<R;D42@AJIDD;K;F:5D@CR<9IFA2E?BGH?/C7CJ=B:D?KEBIEMBDSEHPFBUCOFOAGLAILR=LFJCFFL;KO>:IFTNLBSCA>9I9<NAFF=0G]:>GH@<M?9JG:HW;@@C3>6TK;>@7F@?FF<FDAC<D;;4B@@f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f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g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‚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d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`GCCFBH4@6CJ>:73AI>7@BCY>DJFM7DAHMIGEBDNKKFCDEEFEKHFONFHA?C6CCSJIIDLAIQCDBH>JKJ?;AFLIGBL9QJ`KESE*E?EFB9HKGELLJFBDF>8DECH?IO@EF7NJ=DSTCCC;1BC?D@EJO?:EH<I>>@;6CAFFGM9>@CG;AGJF3H=ABKC@:4=I=ADB4<DGAO@M:J5?1=@BB>8FEIE=@:MA9BG>BHD=@J;CA;C7@9I?0EAA@<@><7AHF:C7@-9OA>;??CG;E>@;>>>G?5@G=;A?:A?@;6AC8@5?1>;AE@?;CB44C<63G?94>C;<DH=4;D=??799?F><A2A=877=?DE/:F<8C53>:;.A=B;5:@A?=E>>4:I=@>9;G?D<>$DA56MA;D<?@>C01-0?F;3=HC<CG059=B7N?1:;A=,>>@<B?D@@:>6@?>97:@2H@?I?5C<AC@=C43L@B@7A??2J?I?4@9=59>=8B<BAB@@?2;A3C<B85AG74=85B?G985F>A?5M?5??;E=C;;9D??;JB;H?G5<BC>?>8BD@===AAE>;;D4A=>E3=?D?@6D73@9<B==G<D;=FD?=??385A?4@B@:A8EB1B8A>>@?1F4-?@?99AD1C>F<C7>>=H/CBBC9??7;@D?:B@9=?;2:=BD<CCBA=18?@6:B=?8G0:9?=B?9<98=B>@@>B;8C/F1<G=6AA1GA@BD96D=;:@>@@D>8H9B871FA7E7=ACH6AE8>7,50<=;6>=549;:7C8G9;;:=52>46<M.;-EB,'434?6:C@A<9;=4A<?->B>;48@5D;3C;9A@@A0=F;>698.=@?<%:7;5=E@88=AG7:H99;D?6=;9B8C4;B?>BD5>AA;215=8?8A=;ICEA<::H96@E@B==>>?F<78:;<)/C@>2<;8=;@<>B?<A@C8A><>'B7A=85;D==:=;C6A;AA>C77?C>>8@;C?9=FHAE>B>6A9=EA@1E7=A4D7<>F78D<D<E9>B@BHF?E3H@D=?@C@>67B?4G8AB@I<@A1>9<=CAL3@=;A>@6@3F/C?+;J@0@FC<@9:B@=D>@932AD@D97D;?37;:?FA:<:;=?74<5<F8B:A>>@B<4CD<><4>DBC=ABA==ICC7;9:.B>;<;5@A;C?@?@>=A6=:1E<A:E@:=E4FD>C45<:E<>5=5@91F9=D8@D;C6==?6C?8<:?6?;F9C:?<6>>>CFD7<8;=;B0ND>EF<@;=JC=?B>>:B>BCLK7==C=?;<=G=A6?H9@;<>;CHF?6N1@K36B9@I>?4<C:J4LAFF8C4IB9<6F>CDB4=07E@6=?8=>=GI.1C;;E8H@IB@C8@4:BFF-6829D>MJBEI?;L=;A=:<CAA9>G?B?7@GDDA@52?HF==AGC5NA=B5A@?FHH:A>EHBB:>L@B;6HDC=5<?F2:F;>EHP;KKCO<;>ACCB?G@5>JFDDFKOG>?C26AQC9M<FHA:<:<BDMBIJ:NA9<@5BMNQG7FD?<DI<ADH@B?EC5;[A6<F7?7?EKJPCH;?KRMBA0GJC:F>EE;HJ>J>=IC?TEDJDQDUAIOKN;:C;CHPJAc>SH@CPEA?DELQ[E=KJK>8CGLM7KCCOOJOT?H@PHGPU=DRN>FBE;BL<>K6DDDGDE=G=F2FFGCLDG<EMKU;;I?:<B=G,4MDE?BK>E?R:AO7ALDDJ8>LEOCNKC?AJOHHS89BLFI?A>=2IL?0?HG=?C=Y=JAF:PL@:A;EGACI<B?C9>?HFD:;DAABC>MG8;;@MI9JBJAF<@CEDE8E>B1@,GAJF@='HNA@A=B;@@DI@BG:2E?K@;A?9<B4@<@2?C?878==4C@77A2;3>K5?C9;@?9C@=:=E=>CDA?=<FK38?B:1==>?B>@;>;E3>>4:A><>A8=64@>?-AFE8?>13A?;C/88@>I<=68@8F??KCC6E:?3=>796:7;A8A?;98:@1995D=3779C<?B<=E47<ACKJ@0E(??@>62809<H3<9=?@5E=J6AB58=66=<?CC=B@E>3BC;=B@E8G@=<=H8A:-B=FI5A;DCF>=C@==DJ?GA:A@>9G?;F=IE?1?F@AFFAA4/08;>EBB=J<D?4E<AD:E9<B<>0A(<??>CF>@EBDCF?>E2,?;D9A?;D@@91HH>@47CE?CDF:8@45F5=E9:?@>B=B>>BD89EB9A>F=0BH?7:>FBD>8=;B<4A9B;@6D48:DA>@C<:<BA=@I@2@5J5>47<;2/;;<5D@0>0)<9?>:71??GF::;>A0AB?:A8>?D<DE>9<A@:=C8>7-2A=B;D971>8D<@D@8DD?=?F2:A:;96?A==C>9><-685914<E:;=5EB;MF=><C@1D?6D*:>>B6;C7;:=<6>49A93:F=BE=E@E?>?9>5CA<>C10=F5AD46F?4C8G??:I@C??AA3=CC<C?=>:@<=D<B4@51@E:6@5A9==<73BAB@DCD1=D=<@?B8EA=?B@?@@<9F>>ICMJ>:>HDD:;6C?>IA=@'C?GBCCB@@HA9GA9>EB;9;@?:=BAE38@>E=?:BB?<8?0ED<B8<B8E?A9@BA@>A@C?;;6?JA/@EE?E=<?9;=?/7:?C8C11E><;6?4<7>?CE>>CA25@=A0=?=998@@G:4=<E57>2CA;;0AC<<8ECL7:=>?:F<<C=AG:>5@A>C>DF@B<AELB68>B?=::?>@3E?:EBA@5?>;>CAA/ACF>?.>;8B7A<@DDDG>=?B9?;:5AB/FE@CK=@59>A2+8A7BF7@6:+G?9=B<?;8AH@=EC>7<>>CAA:CCKMBLA?B@FC28B<@*?<93.97<;CDF4?4E<>:<C<7>F8=C3<AA?CAE:1<?E=C?<;DIHG@?CC@?C;F=CAEC7A@?D7>B9FEG=7C<?B@BDKE<G>FD9E@AAA@D>BC=@H8FK<?ADC:BD><=@H?H5><"@<LA=GN@:EIBPF>IE65G;:GJ>9E7C?2;.;C@NCKBEFDG@<LG5AB@<G=FECR:NNEDK>HEMKHJ@@HAB:CH:CD:FK<BCRC?D7*8KIE@G>-E?BJDDCHAJIE9AB>?7@B=9CBAFDNIID)5ABHX@KHO8<M@EHQ@H6=A>IRUOI9CGKI@HGMFEGMCBC>9GG;;I?C5BENQFBD>I?EQXMFJQLD:A?VR=MXA>F?HJDZBL;H@B>D?DAD<FC:ILRFECECIF>DFGF@ACDCB@>I28C=9BHDAFCD<OGI@M?@<:>_<FCDJF>RFIBIKJ?AHDG>A68B;<G9@A7BABF=B=>@>EE?2B;9B==HIEAI2;ADC>A=E;=>PSCGGDAC1,3G8E@<??CE?G>FB/BD@FA?B3?;<163KDCIL.FDJNFBD8C76=4;<@D>?:E5?ICA=H@9.CE:IC1<:A@A7F?CC@;47D>2<?;AI=H<;7=DA=M9=>=CAF@@7G=<=?6E6I=>@:9EA@@5=;99B3A1?6;54(8?1:?<=5AB,<8A:?;88:B6?F3A3F8===H=B/JAB0M=AB<E=@3A3>=<@C7;<@F?4?=AE=?F@<;GB3A,73CA>?=96F?<;9=EB=?CGD;CCFJE2J@BI?B?<<>BA9>9=A@L>AAJ6<EA9H8L??FB7;FAEIK;=C<DCDHD?E<?@HF?59EA<=9?A?;@E7B?A5B>:F;7=B=I?5993E:A;0=<AL5>?EE=;6?AB;:5=6?KD:C5>9B@9C@=D9:GC9:3B27>;B:<D5?CCBCBBE7H?=B53?BAADADC2*FF<=A>>>>9?=<B@58:AE=;@D?<E= 8:;<;>5@>;G;:@?3A7FC1@>>=86BBDC?<<A==>?C5@:938D>=.:A:;/@=<6AB<=B?316:=CBBD<?<3>EA95G=8;A8<A.9:C>=@=36<CE8=>?B>@:2@/<8;;7:@7A?8==4B=<A>:3>?788@<B7CDD:<<H727;<F::=F7>CBE>H<6B0<=<=?>A9F3=83=AD?=7@B>9>J>?:GAB>3><F<<;4A?8D:?:>6FD?B>K2@@FAC=8<;@7@;78H>=@>>:07B==<C?8>AD<DAFIB;=<AABI?6C@3AC8<???F?D@BEA?@@;;B:I?==::6>@BH@;F67GD>><H=;7L7A;EC<;D?71:DB=?;9FCFC=2EBDA4;9AAB4>97?>@8><A>JD5BG:?.>C7>B@@EC:8B<:CA?>B3<698A=9B66@>B;@CG@>HDI8E>@?C8:@:@:IF@.9B9D?L:C;6F;A@IA5M6>::;AE?C8H:=:5B>4G@D2=6?9<92?L:AD9?A?8:B@?EH<>>/@CE@G29?DBD6<@>8>;>CI<DF?8C@F68?BD785;>M<?:@@=1@B?3<CDAC48H7@FB0=:>.@0@E=AE=B.:B@C5>@@@D;E=B/6@7<E>CB/F3=/DAC>>?FB>G1N?H8G>A:D@?>A:C<BSGFJIC@C@89=D>SA:=8HBM?CE8D@>>FG>9FBLBK?=B<=??D>=?6GK9:6I=B>CB@J@?@IAJA8A7>;I8/C?=FCLI=EFK=HC;/I?AAF@EI?B5>8ILMIA:/KQCDB@0/C?G>=AJCCF?6?N=AO9O?7E5C.:HARCD<IQM;DMF>BFDC6OKBE=6=3=?ULKJ;FL;;>2L@FPN@BRD@?WGSNF<HFC:DM@K2FILLN49PMNJE<DXLGMIDLJOKEPCHPJCGK9OKF:N=@AEFFEDNBQCREGM8QO>5DDCD>JGLF:KIB?GHCC@I>MJVDCHG:;?32LOGLKL8=JWD7LJM=M7HC:MMGDLNKK=FG3GJN??FEBIIIEQ>A;IG<EDEFA=EC<BD8AD7D8DB<8LE5:IGA49;>FE7AHBJ>H0HF=>BOCFC?9AFFFFEBDDNJ>A8>A:JNJ5EKDB<3NAIG3:6D8DB=CCG<EB;ECP=B:@?DAE==D>LC?ABC@@GB3;GA7-;:6:CFC@A>?@G@9A=@=BFD8267;J<E1><=?=E?@:G955BAH51NACB<:;:@HD4@@@56B.-B9B:>?C64L@?B99E09@3C:B3F-9:C5:CB093CEG=E4@3B<:7=C;?5D>DL1@5=AGEDK@BC???>:<>E@=-E4H1?D$@79B<;8=@DH=<B?BD*A4A=@0=J5AG;99?7@B=FCG=>5CFIBC9J6E<,2=CCIFCE@7GD>>DAD<CB7BB?<98F<>@A6DC2DCB>CE<:@CCA=7D=G;?>AF=@AB?AA6B>D?CBB=:@BB433:@@??:G;A6=4=:?@>>F8?BACCF><?9<FL4=C;<DACFE/=<A<?<&?@B=@@9DG>FH6:@?D?A<6A;4>;?9B<:;<4?7;@-9>BAA@??A:4B=BG?>::7=552:@;=BE>0F7;A<>3:JC9>67@FDE<71M?>=@@?>?=87J?775G;:B4DC?>8D?-BC=;=B=5A/8CC9><96D@I?C<=F@5@>?AAE3GD7=:B<>:A?;EA?89IC;<B9=C?B7@@3?48D@GDG>82C=BC2G<5DC<97.=C9=BB5=8F7E<CABBB4B?H>4=A?71</9CABI;=?JGB=;@JB@C@>E?;@2?<A+C<C>B?6D>CF4?8<B=B<B;<FC8C9:A4E@6<3:77GA4B:G=98?@K;E@<@AFEC?@5@EC<;BC;5ECAC<G@<L>DA@JCG==?A@DC69?<A2+ACG:67AFHF@;;88<@@D=CCB9<;>BC>BA=8EA::=<>A:>E@:=842=93;>G:AEJC2:3?9:8=7>EACG;9>8-B>B@;<B@=>?>>8?<363B9I9E;=8>A:@F=;<4B67@LB;?@ABC:4CAA<?>?>9@75<B=5;?6;=B@;BB=7A;DD<9DE6,9?28ABBJ@E=AE8@<<9>FCB?;@;599>;9@AB?FA2>CD8>BGEA=B>C,;>:GC@;AFCFBB6F=>B?<9B>HI;C<;@F;A>EF@=GI?>C4FKD=;J9<G7@IC>B9A<AG>FDGA@==AD5HB4IA<HF?B?B;8;BACBJEG;AH>D2=C?=AJ4AOJ>B@?C5F@F;I>A=@FH:>:@D4DB9T<DAFACJE5C89I8DF:A)@;BDNGCDA>B8A6FGCBAH@>0DDG:6>BEG@K==EPJ@GHBB:NCSQ>AEGG/ICMC6>?5G9EEGDCBC@F:7IJ;BFFHQJIHKE@H9B>DCK9@FB@TNPEDJHRQ;FA73CBL<PB=CHC@AJC??LU@2DKQ>?8O@:H?HHEIRG9TEG>*FODDEMGEE='FLTUNHEEIN<KIDJCMEQEIMHJI9PJc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ÿ@386,<A<E;BC7?8>@??>;=87?76#?>=:;B?2B91B=/<B:;?;?>:@@:>1CB5;B<6@6A=?A>?85CCB>B88B?<ADCB;D?BD6E@9A?:ADD==?A?K?E@?AC?J?;BB>GG:6=4=?<D5B>FE@8DC:8@=D8D6<;:<+GBGB6BB?BC<FH=C9-C5=CE?9:B>4?<<C1>8=CB>@<JD=>CD>66<4I:J?>:>CE5DEHC?=?7>AF76>AA?>@C5?@?=;<==9:EB9>BG?<B@<L;D;@A8>B6FA3<A<@DABAC>6=;8IC@D?.CHB=D@69CG>=@7A:B:3=;@;C3?@A=B=H@?;7?A=A=C<7==7:?5>>;75:=8<ABAD?<4@8@A@96?@@=??::B7>HBDBGD=E<<=?7=B956C@I:ABF;=@1=B0>7C@6@D:.6<=/796D>BIB>A>@(:FJ?BA@>=?/5D4ID7<AC82F6>7C=7>>=<CAHB?4=F>B8CD:AGBH;=;<HI>*<97@??C==B;KH;AB?=D@?D;G:F=-CDFE6HNC7B<6;9<13B6G>:NAE?GL<?CE=D=GEA@G<@;=B=BC<DP>?@CH?N<L@GHIF;4B<AN?HE>9EF@@CE@I=-;L?7BIB>;A<KJ9A>?CHFHGI8=>HIHC@E<BFJ;:9@9H?DCF46DF<<ECN;KB.B=HA>HA?@KK5H==FBEMADN?A;FF=EDHFELGNAICCGEK@A@<C?FKH@PJ:NLEIBTCG9?GDP?<?IHOFIJK@?HFRTXGIKIHB=INCHAVPDHN@H<JFKHLBB;MDBH>HDHMFAOKAKQMEDGJQJTBH?yIECBD>OL?BJ?QIHLAEKM=JTCGDEFB9S\D@EGH@f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`MG9ACR?BGIH;A;TD8AH>F8H@@FKJRH5EAE;DN>HND7=@G@:AS=;;@=@D6=>E>9ACBKK=>FHJC=O?MD@=<?DNEBGGGA56HG?@A:>LGJ6:;DJ<B?D;AB?CA=BFB>I2?DBNMACH@D2A:P:H7A<B19>4HHB:;G6HDJ?<I6IB:C8;EA>A=;<8BBA6C:?A?@@?<H?@??:G;DEE=>=F8F3D9=/,7=;CE4CDK47>>:>=<?/A1=A::6>=A?<I1;?A:>BDA<6?9?6@=F@91;=/?@9B7IK+A@DDC<@D=35D;C<":E?;@,>8:IH=?D>>@BD@;=6DB?GJ=?@7C>2HA9:>?BG:5FB<DC36:=>C?HCA@??A@9D>:F>C?B<@AC4;<@:AEH=LB>>D5BD=N:5E?;ECJ=AB8A;D?6>@?EA9<?;C5E?;????:=B?HBCB:<K65;>FE@;3BN?AG4@;EA;G@3<A?;D?6B>7<??0B3FA=9A=>>?<I>A<B@<>?@@>=<?B=:BQ/AC<C;FF8>?AA7@=9?;HDFD2@8??:K>;-A7)?K=DGBLA;H?BB@A=7:?1D>IAF@8?B9;?=6=?6:A9=9=<B=@;C:3E?=7>@>C>;?7=>:AL-;>93F;G;;=>><C>>;;DE>?1=9?=B:?B3>5<+I?9DF?A<>@'0BBB:>?C7@6:E@->A8F8A?A39F8H:C9C@8*9BBE>8@:C=G:7>;7D8?B3D=4C=G7@A:=C>4E=6D;<2@I4?:@EKF4C79@=?:?B9?>B>B9>'@3<A=A>>A79<BF:DAJ:D<?@99;>?=L7*?7B4C??><;:A<@AA;68@6E>>?5A?DG?:E?B?9KE@B9>8@DACJAE8EC@>A6>BA?B<:;<BE@G;?IDCG<A1@;BBI2KB=DFBCD;JCA?=A;AGB7>?B<AAG?=EAA752>I/77IFE5@<A>;??:<>2<D?A<H5A=<CB?>B@>F8BIE4C3C9A<>A;CB??>7::8:;;3?<<>9>8:@>?5=6E:45C;8:@A:@H9>@6=;AF6A?9@.<F:?DA6=DB?C96.@><0A<?AA:@F@E;7B@=<<@HCC:>5<><5B?CK<;?>A<B2@:8ECB@E>CB4DD9<=EA=:>@A@<IIGE9J9>;>D:E748J7<7C:=?B=?>C<?F9BA;B=H:FK<AB>6GG9?>:+BC6<?><=DD?DBC>@?AD4@@:9A7>:CAD8DCAI?KLD>>>:HDED=9@@@@9GG8>:<FB>=A59B0O=9?@?D<@=C8<VBC@@?F>8<CI5CGG@;DE?JHAJ=>@>A@;B<EEH@=2>D;E;<DEC@<?@3@IB@@;GE:>@@;=@@;@ED<@DBFF?B?D?E<7?C9>6LGICE?E@C?<5?49CD>@HGMC;?:?GE:@G/DGGBGA>9JL>AOMGAKF?<FJBRC;GD6E7BCBD@?ATDBHECOLWM@GKDG:@A77BH?H/B=H;<EKDLPPCF8BI6PMB;FCMSVBA:A:M;EGCCIIGOJCK@DI>HCMNCJEF>?OXRINES?IREACA@QGCHJI5<FIOABAE?FFLCMEBEM?IJ@MJMVFJA@DJ4J9E@M:OKBJL8:7F:AARDS9GHKHAFJ=BRLPC;BGD@E=E8AFIKA=@@C>STIBEESEE>MEBQG=IHLJLAE0FY2LA<A@5CGDHG?DDF0D?@ACG;=68I;6=IF=@D;J=D:B>><DF@OHG<F'G?GD9=B=CC3C@ND42:GA8B?@9D2BHA<IM4I>3BD>:>@LA@7<<IC/>IA@@HA<>68=>F4F>B=A>B;:@?:>>?>7;<97I;7=DC;A?*6>H<?;>A6B<=:57C>F13D<9K8>;@D:9<?@=:=2>@;7>5;>C@>0<6@@=(A9A:7:+>JBJ7DHCH=?H>D498?>C.F=?FCBGD@H=B=F8CCEMFEB=6C>?F7A;=;@IDF>;DBC>CD?BD'.9:<JTA9@A:JGB;E37/C70D?<KF9>:HBA=8?B6AB@<?B7487DGB=BBLDEF>F>8H<=CD@@DCLLHB6;@>E?EADB6EADD<<5EGAAFEG?==@@AE;?>>C?@GGAAD?6I=<(5-=>=<A;8@:B:>?AF=@B7=<B><@A<=E?2<3=<DICED=;D;?=>?@:=??6@H8F;7&<4E>IE5;75<78@B?:BA7J@<:=7@?:;48<1@B58>7C=@=F1>843="B<E6>E:><=5?D9C;?;:;6HAB?*FI1?>D96=?B@3HA=B?E>4>C@B@<=>D1D7BB@G8A8AAJ:?8E69B>D:D9CF==?AGB>8:A;EA@C:>K=@9<FB,@E@B>E1B9CA;@;?BE9>;2D;>>>H?DDGE<>?:BF>?G>:G:G@>8LD.E.;F<C=E=6:<74A<;BA=@9F:>=I<C::A2C=?CD<?=B<>BD;B?ADBA1868?;:C6A>;=A?CE<ICEG=;7F@7C@5H?<:I<8;@G:@M9<DAAFCB?ACA:3@?<6?;98E???;<<@>>;>>>>8FD??=D9A6>=@6=A@CE?N>9?===>B<CDFHEB7=CA74?=BCH<B@B<CA>BF@9@?<8>;.?4?F@>C85;H97A?76;;0@F>9?B=5==@BC<H@=;F87C:B<:?4489C54?5EC@CCEH=A?8<CCB892>>B=B6:<?<>8C6D=B(56FC6D:?G>=F0>B?B@D@@>A<@?@<.=<D=F<BC:C@H8:F9B3C?=GBAC<>>F>II?B9?;<B72DCFE79:FH@>=C5I=<@=IBC:>F;C51>9C5?:<G?>@DB@@-FC89C=?DCJ;D=;B7BD>;C::LD>>C@1<@B5MA9C<B<@ABC>BF<GBG@;;GB>>7=D:?BBB7EE=<C>ABEA=CBJ@J=ANC3GAIF9A>DJEAADAI:F<FD:>PH:=7?_@86:V9@GF?67=BB1/H<DF>7<C=GHCC7=GIFD@D;ECDJA:<=GAFKBAE/DCHF?AML8>=B9CEIGNENCIE?;D8JI=?ADHGDEBOHCD>?@EI<D?FDLFHD>;AFMMGME;DA=ACK@?KELJE?DIJBBGZGF@M?>=FELEJ@A=EG4;:+:H<KKGKDF?>B;/KAEB?@EKGAPJBA<HB6FLI9TJKQEFKJDHHEB8LBHHGDFNMPNMICGC??CDHEKGTHKNA<A=L7D?B?EKAEUNEM>A<?E>AQGGPH;;<@D7KK@9E=@>J7<IK9DCLHQG<@E-CL=F?2DL<FB@;0=?B<E:=;K9B46?D:C;<<E?=KD@>08DEDB9.A@.F=:CE=I;4?BD:EABC@D7;E@6<B@B4C;?4,.=AP7GH;B:9?.DB<3:.;J=FD6G>=1FIH=C9L+ACF;=FD:4@;=4;$?9CGB@8=F8>:@=:@9CK?5A>A@=@==55=;>;=9F8::?@<=;@=:AC/=3DG@=B?2<<@D:<<9?=E8>>8;I>D8<F<4?A42789@:C?8=8@CB@C<6:FEB:=63;<?FBA/@<E@@C567/?EC><=E?@8>=A87@?E@<E9A7@>BC?*@ACBC>69??E2<C@G?B:68@5><>9;:><H?FFB7B;;8:0=@;@;8B8C>7;=D5@5<@;=6>;<F0@@7=9:D7@QIZ__e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`ECCKJ6T<?E?BKI7AKPRBD9GAMAIBIRH31=5EB?11=8=>=BD@BFA:A96@@BG=AC9AD=<ECGB4D?C3;=N9?C3<9@D@8=;F?AE-?:2;>C?4;?=E66=@M<::E<B?D0K7>8BEOKBD=A>BH=I?>M@KBA@A4=?K*DB(<E:D=@8@5C=3845>FED>.GIB8=8@@=,2E69<B1D2;>1@?@<@792A<<@E<BIA=HB<;9978I8><:LAF@@I69<DA>B46C6C?=A:B@/>G>3@<<<=C>B@3A:BE<5:E<?BA8=C>II@B>?:GF2@A+@0>.3FCF:B.6F@8>C;AH@EC7:D?B66;:CB=;=A>4=?=@4::BK;7>E@:DAHA<HEDCC?AA8=C0/BFC;:9?9=?3:E>4@6>?:D@:B2A=?;=]{¦x”š\e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aHKGDE[P;ALO@CFCNHKF@;>?>=@DEN@HFBLC9F9A@IEB8OHNKKHCCN>D?KPQ86:?FBEBE?=SCG4CKA?EBAJFB;@;@N9>DHF:LGCKKCDKE>=COFCB>/FCAM<?F9D?<GME<L>E?A><CCCBAB?CAAD4<C>9F=FC?DA?F4CHDB;BE?DJ?AB7JBFC=C:AE3<>G>G<:>AG?4@?H?B?>;98;DE@FJF@A>>=Q8A?@<E;FA;>D/@EJ=I5?@=CA?TC>F@C?C8D@EC>B=:;B2I?=>@>=1:>E98&D<@9H3=?;I>I=C>?D@AE/DJ;D@8DD;HD>4=CC;6A>:G?@C>E7:6@:6/BAGB??3BD:H@FB=>@F?@>9@D0@CJ;@?>;4I?@?C4AB@?;?@E=4C@>=AC@<0?@7?;E=A??@;@67A=ND5EE@BA9F;>7C=8G@B=@29A@:CCB3G@D>=C>9?BCL8@GBJ5B<I>D==0EB<KI>Bn¼ÿâÒ½®x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k¾ÿÿÿÿÂ_f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h”Éóÿÿ×’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c{¥ÿ窃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m‰˜l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lab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c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d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c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o©fhS<A;HN5DKCC?C=BA77MJ99<7D=F?=6@@DJA:<E:5H=@@8EH6=B.F?I>CBCNAGD@4I7EIL@HFGEC@@HE@:@;DLIBDF=HEFB9=B?@BD:NE4<@89C?=EIEJII@3KBAHH><?<Ha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`yÿÿÿ¸gHJGD=9DE;B<@BBFK?GC?H=@@>BAA<AC<FBA=6577@C5<<E6ABB7=BC@FB?BB4HA?CF>=@CK<5H@DCA@<D;7F@=??KJJ?PFJD86AIFG@9D7C:I@ECSI<?>==0@@=GECOID4DKSC?@5>DD@61B?D6;BCG=EK@EAB5QHIH@H@CRIJG?:AGCd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}ÜÿÿÿÿÕ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…ÿÿÿÿÿÿh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Šÿÿÿÿÿ¶LCCG@F;HI<<?K=G>6@H9C4EF?IEB9FCLB>I1MB1H;E5BF98CG7;CC>;389<F2.F:8HHC9J<GBJ59D:E:B=I8@A:=DBD8A9DQL;8>F@BAFC?P;H:G>A>>FH?@DM>AHMD7EC5JJ7;BA/=G@/7JL;<<5=@C<F6DB<CCGCCDFMBH6CEFAE<E>9ADDBJIFHHA@CA>?HF@J;JF>?A>GDOEJI:C4PI4;G@N8@MNHFAH9HLGCNB@7B?@IHHMGNJH.<MG:K>AJ5@@KFK@E=>8ABK?F?FABMMH>BPND7JL>;G,DEQ>GFDEDKJUR9BGFFEAJE4^7Cm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xúÿÿÿÅVU>LABEEFD5A4:BI?;=/492CC;DD61>C>>0DE5A<CH=A;AHCL=<:;<96;BEECF3A8FL<AFA9;-:1@CB7=EDGF;62@>G@8>D5AE>E;6@F:F;IK@CGE@0;DBC@DP0<DBD:EBA6IIH?C?HFJ=9>;KBIF?A9HFMEFI;DGHEIQ?GKE8?3KFG@AK;;EFD1I9?@<IDN<,I@A=AKb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¾ÿÿÐSBK;9E::5::B@A:52C>2;4H:6<*A=:;;A:A5K>>C<F7=<@1C<EJFC;>;0;;8D9E:?A</C<?>5<BG?FG;=D<EFB<?4I@;B@@6DC8IAI?DABDHGHA?>8=<7C9E@AF;C9CBEE5;KBA?H>:IIQIGMFGE=?@7<A@NB@8G<K>LJJNID9FG18?CBN=D>GLDCC3GOHFBE:CE>CAE.D=@7IGDBLRM@A>DHBG-@DHCICQ>NF:b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dŒ˜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f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þÿÿ}c`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üÿÿÿÿz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�ÿÿÿÿÿõeN@E=BG=B3MD>BUCF;I?EMB@9HG@2A@?3E5GDJ8?HHCDCA6CI8>:M<ERDBES@18?=@H=?C;D<6@A@8:E=@G?>D/B?FABK?FA>E?<<BCCOIC<L>;B49;F7?<JK:<KC>DEAB==B794:B:FD:CA<:@B@F9DF>BC@C=J2>7DG77?@HACA@DAA9<=99<>&>=;>D<?@<H9A<:BE6@<75GA=7AC5G<=H>@:=;E<;?:C7L9:A9FA9@<:C:678<DAD9::DDA3>5:CA6@7?A3;4H=B8@=<>4B5DACD@BC85@=E7?6@B;7E8C6<9=;=BC6GE)D=;:F<<8CB<B=2?A67J?3CAA@7>D>BG/=F@HA;1=<;8=9C=:>?EHBABBDD9@A?2A;@79/BA48C@A5@382=GA>@DLB;<7>1>A>86GAB;@I8==@>:/C28AB<C:JF?B@8.DC>B?;<96?DBB=AABG67DJ;=<?=<;?><KK@@BB<@A;8<@B;?9D3@BD7=6?@AF8C;?C@@=A?AD=<@;?C@>AG?:@=:F@B>:=D?4-;;?8>7C7G?AA?<<AAA>99?CA?HA0??I9IB><<>:B;.9<1AA9F>9<EB==;8:<8BG5;;9=6D@5?:8:I<>G73AE==8>8A?@38I8<=BB=C5E?94AA=B5ECC;C?@<<6=691<;108GB@-CH:?5G?@7>79GB24NE75=<9=>=4?<=9F<DD4<BDD987A>CE;8.GK???>9G:?ID;23@HE=?2:AC>:F>6=<>@2>>A>8@=5;;C=4>846:F;AA=>688>9=FD@;9>?:@5>:;H@ABF@:DC,EB::=;E<GCB;E@?7JB>@=@=8H=4B;:<9CB=:@C.=<E<>BB=9J78EF>5J??B=->B(<>@8<<32?==A=@D39>8?B@/??:9D>6E@C<@BD=5>@3AFA4??F:9=L::588;>A<;0937E93A<EIE:E:2BC8=/8A?6HBABB9>AA?A64;=4::94C?@;>?5:AG@=9@B7?+E>>4?B;A;4.?6;?8GB=2A;@?BD>8D8EF?<A:EI9J;AA4?<>=B=?8C4E2:K@B?9DFH@D@9B@D9H>>A<D3@?BG=BB@H><?L=>J;DG0M7IG@=?;ADJI?KDBH<@CA?ACE86JAG@9:D5=E>@FF;<:>9;H>DA=3?::9IA<:?;>?@B<FIGFAA>BA=4?9EC@GC<C>7@@4:EDE:F4FD9;EBAE/9?CEHEDH9C4?=<>@:?:@@<F8A75>A67D69EC@FC+GIBDA?D@JEA@AD>;@@:EHD;?B8C<>-8CAKC?A<A;@G@D7:@:@:F>E7D?D>HMELK4C<DGH=HOMBGGKGDE>KE=BA;KB<;UOH<8C:AWMAE1FB@H>BNHEMNHKE<;>CTGBI@@E86T748@:CBF6ND@BEM?GI?C8F5FFB:EC4HOB@A>EGAE:?WG;GB;BCGC02EG9CGP=6:<7I>@J96DHVJIOAFI?=ADFCK>RF=>>IBC=CPBE8KD9EEELVE>B4:F1JLGDA@C?I5DHI:F:RCBL@B@9AC>FE[òÿÿÿÿÿÿ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Ýÿÿÿÿÿÿm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c>LAMEHA?@KGBLENCAK7CB?;<CDG]9B=I@B=5CBG>4>=6<=>>8LG5J3L@9@A=CNNP?6KCI;AD@>?LFŒÿÿÿÿÿ¼t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Ýÿÿÿíz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Š¡£vt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b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`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`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c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j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c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b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`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‚¦Æ’aHUE@?;;G<?>58:DJB?>A;@=?61?E@D:@A@96572C==?BG8=F@@>:>/DE<@;BA;@:D8A@4A4@B;9=B=7:AF?8AF@:E?9>43B8?JBIIB<B@?ED@@@GB>EF=D5=IEFBB>@C6@B3D=/;DHC9CD@FL<E@EAADHCB?<C>CA?@=;?;7DE?D@G<==4DD?CBBD=:<;G>:::/@AC<?BHC=;GCA7;ACCG5BEFD<CA>8@6@@=;6K>9>A7A=4=@=?NBHH=;>C8AKGL?61DB2;=-5JDC?A<@?A:>6AC@A6A9DA?2K@@?ECD49@C>>ABFE@><;=8<B@B32C<B??@=E:<;D8K9BAACD@CBHEKEKB:F;C>D:IHI96?EFD;G>?8A?CFH7<9A=A4)98AM9EBF=B>AIE?JD??@9?@BH@@?<FB5A<D8O@:@?:=A=>@0EG<B6>5@?A?:F>5JJA>DB<IDAC29C769IB@CDB>:98:?<@B1A17NDGL?<CC@<E=9:D=FI;9B@A@IAGDL=6>CO@E?FH;AL9?C6>AHCK?AIA;C8/FEKN8BAJBS4@@=?<L:AGAB@HD;F9G<<7OK9?;F7J=@GJ<E?CEF=HCC?DEE<K4B<D??GAEMGG2?;7A9D<*C;B@A9:9B@;?BQ?AB@@AF@CB<=0?7=K=8;B::B>A>@=@@A@>;:CEAE;AL?CA1A*?8;8:IBD=8;<@@@<=8GCA6>7:B0?9;<4<A<C;>F@@@>>:*=7=-::?>99A<=<16AEA>HC;BE@>;AD;<H?97DB=F?GO@9A>@C;;E><F>::E>2?E@89>C??AADB>>=@8<;DF=KF=CFA2??A=???JC>F;9A:/>@B:F?@D8C<<AG>;C?=85BB<4=F<FBB;@CC5@8A@?@>C?A@=ED=:7JGCEEBB<?8+E?<C?D265F?9@87?B?BI>;E5@B76<G@;>5L?FB;>DCEGH924B>-+FBGEFGA8D@AB=G?H46C8@B5>@?>>>?A>A7<GD;HIHD@9F9C;CE;;D=@<B?F>3;?=??8L98<>=8@5=:BC>;G<:B::CC:;>A=9<CD9D0IEH=.@JE>=D@BGF>A:5A@;=B5?7+DAA1CB?D;B<@AAEE@C@A@16>6A1?D=9@8?@@6@<:A?=>8D=A8A@77>C9BDI<?@5C:6?B9F9@;@@8CBL>FE=A6G4=F>=;;9A8?7E@)@:J=,@JDEBAI>(C:C?>F@BCF<=DGCA<B>=A@<BA<:?CE8B8:</DAB<><@>7<9@<:AF28EA;7=:;<B=8A>6IIBB<<;<F.<B@9@:?=:D7<>B7<:G7:K<9?K<2>D>C@>/;J>8@7@AD;?A78>8>=?D<D<2<4DBAF@765A4DC@87ACDH28887@A9;A7AA>E@F@H=JAB?;>E<CDBF9:CEC8@<>:@=@?8?@@=@>D4<CB@<7DE>5=6@D?@@ED8:B3:AA@B@7B4E@>J@?>?<?JB:B=8?AG@1>B<>CBF@DC=7CAJDFAA>>F@G;E?H?@>@BDC=C;4B<5<F?G>:5?D77D6:A6;A6ACF>WršçÐâ͘Š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{Úÿÿÿÿüð¤Uv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~ÇÿÿÿÿÿÿÅw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mµÿÿÿÿÿÿÿ†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p²ÿÿÿÿÿÿž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yÇÿÿÿÿÿÄ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d…åÿÿÿ¿hHIB9<H84D8=8@<9EA9>A9DA>@=CA@1D8A:;5DG:6@D;1<:>BGB;>A>BA9=?H7?I=?L:<>@@A<GF@5D;@CB<<A;@0GEC@G?EX?KCD>5=>C>>NIFED@A>GFEBAEI@?=@APBAGFDG?@C@M6@>JBJA@6MBGBF@;DE;E=>DG?GID?H=;AAE>5QKBFDDF;?DA;DDGCCDGDCC<?GE@@DH@AG;H@:IFEO"=@GCH6>@BABSA@A@F69EC4D9F<1@GF@D6EAB?FF9==@AA<BA84>7A>?J7H@HF?A;@5:6EL>EC9CG=?<D9>?87>=D?>7JGBA8=AD?CBF@EL;8:>C-CB@?C?HFDG.I?7G@@I<9NC>CADF0;3?@>+CG@JD,HFRDBN0JI:.;B>DB7<:?L6:8?B>>8637AHG5@BBFEH=ANHGR@5@9FA><>HB=B;E?8D8>4=BG@D7JAGH83E>-9E;ADB=M?E?B98C:F;D6>DDAD<=@??:CB3:@>>D@;2=G?;=>=CD0GFE??EF=@0=@:A1?L9?HS=:8A??@CA>5FC8A8C;@IFA=B9;BB@DK;<ABDDB@>BBD)D>@;9KBA<EI:>AA>?F>0?K./3=:6CI==E@C:@I=CDCF736CK?AAA?;L<3=BB>?L976E?H3AF@?8@38G>@;8@A6<=;<B;;B;F@B6=CN7I@I5(8E/@B8>6ECD7C@@=.0DF5<BB9=DBD@2B5D>85D>:?A<@C5=:G>G:?C7:<@K>BBJJD8<C<CCC/;IC=A@B>?=8=E:>D;?B9<C2AA1K=8@2BEBDB9.->4C?;>?3DC==3;AFB@9FE@6?>6>=1@=BL=<DCDA-E>99E=A<68ICBC9;:=1=@;;9?F<=9@8G3<>?=:2<>*A0;>H>B@5?:;3=AG@C7;@>;<FEK9E1B7@@,=<<?:?>?5D@=C?>@B6>D>5;A@BC?9;77?@@>;1=<CEE>>:F@C9<>>;G/;B>@@@9;B?8>5A;9;EBA@<D<<D=>52>CCG?DA4D35H7:A>>78?98@ABCF2FD)F9@@=>?@4@@K>@ACB/;@?B>CD?@D?<>EA=J@=>@C<8=6CD7@?;C?4C>A?C?B@E<>B>BACA8BB>0@3?<>@?83==>-K==8G?F:><?2D5?=5=GD<HAF:DB9:B<?99;;8ID:B:>8<E37E8CH<::>G>=:CB?::52@?A2D@?>7@=@7;E@;7D?A<A<7;E:6@C@<:>@H=;:9<?;E7B?A<>A:>>BB>8C89@1F>?<:4@4;?>?;?BB.94<C??BE/?G@GB>8@3F>BEB>;<EA987>E>AH@>@?94A?95@<;4A?MIC@ACE9GB<7B?B<<=<=E=;DFD>=B>;=;BD:69<=;7;A2CC?A<=D@BA:;;>IFD?1>??<>:5?A@<A9F?=D6EA?>ASE?:C:BBHB?FB>?:>=;FM>@6D;FBE@?=ADD5H96AFB5CDBE><EFEBBDFAFD9CDICAJ?@A>BBI@C?CBB:FACEEKDAD9F7:F52B8=DEB5@CAFFF8B?C?9;?CK;BC?6BMA9NjÅÜ߸„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xs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`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y�p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l´¤œ¥oSF?>J<AIBI0@D8>;DC=N?0A===<;:C@FACAACAD:9BG<DC?EC=<CHBIDE;=HBHE?G;BACBCA>F:A=G@F>G:?KAAC<F@<BI9LF>7>=C?=>7<<GBD65DE=@6>@A@D89??@?@D@>F=A<DC96:/>CBBGA7FI6@:9@<4@:<@BCBC87;J8>4@F>6>9:1=4B<=5=??@F/=@=<FH<BACB6DG9;9C9=2=?@=7:7AJDDEDEG3<>D:JA8CB7?;BE>:B>?8G9A2??N>GAHE6KC;F<:?;8A>;8A=@B7G>@:A74=<;=C@<9HA;BC78>E<C:E7>E?JAM@;J;G9BKACB?9C=5>C5?>AABGB6<AH@6@:DB5>2<<9CC7@BA@A@?:17C2.5>E?>98?F66;8?+@9DD=ADA=?3=AI26=C:=4@9E@5BA@18DA@@=E>C2G><@<C;9@:B7I8790??B8=C4;5D95H:>0<A=6@<HF==>==<BGDA?@C:DE>F-CFCL9>DB1L?6J<BMA?<C<4>:B8A2>><B>::E?BAB@EFA@79EGE5AB@2:A8B>@KJ4A-:$=4ABH>@@@DD=>@FB-BB,B?BD?BC5A?F==5K@;0>?9C<;?BALDG@M-C*5@4<@>::@==><E8B<<<>:<?E4C9@=AE<F5(;@I?3B>B31>C9A;8=FGD378?C?A:D:8=5:6A@>8;>B;D3%>@@C:<A=?D?EC1?F5,F369=?AG74>6510C>@C2:=5@H7DCB;D@7=<J0=>9?:<<>;4<4?;>A8@7@DF;;D7?7D<26=;7<<:1>73AB<B<:6==7<7>2A9=?>CB<<>4-F39BH.@C8=-<B@<7C?A3A>?08A3:?:D;:E?D7==<7<EB*>;>9>D?25>9D@A;9==@6DD:?;A4:D:>5DEDE?;BA><B<5?>A4A,>5:;@=B4?:5:?(B:<8>>:AAH;ADF87<?9A1;A=@>96;9:<8C37@B9<D:9;;4?FB=?;8>4:=:<=2?:?;B?=<C@8<=>99>=<6F=?AAHDB>9=A=;=D@7/?;?<CD=A)?A77J15@8@1;6::>:=DAC=174<H;>2<;:+99=5CD3F@5?@<?4C<6>9795<:9DB7;F:7>8<B4AABC<094>:9769A@BD?<F3AB;>?C.6CD?DC?EBID;A@:/<K@G;DEFAC>:D?C?=?<?DDAEB?>9AFCE?9>5E?<FC??B82=@BD?=5A=@A8A@E==C?72E=:D<=I<=<BAACBADJE:LD@;===?<F@352?9>F@=EFKAE:@I4:@@;DB3CB:9;8DE?C?D:DBB:FF>75>?HAG4?>B;B@@@G?>C;?3L><>6;?1?;AFK7?9:=65D=>?G=>JFFAA5@@?5F<7D9:KB;FBB?49<>.B85<6E<;@G:BD@3>(B@;DAJB>8=F=:>=6A;2CAC;=@FC@<95<?>?@ABH?BA9;<C;G47?B<=:<3<.2>=FD?=88BF@:2<9F?E=EBAD>==:0A>D77:;6E6H<D?@C?:E><1B@?=8=A=<14+BCAB;@EDK67<FD4Ia›Í¬ºº„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d¯ÍÃÏÆl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f©ØÚªr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Ž¶ì�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ke~x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“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o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c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
w
Â
(
VÔµy
ð
*Æž
+
ÚoK7
c
<Éã
C

7=-D

›



A
�ª»
°üÀ†£
ö
ß{ù
šêy‹VÜ:Ù
z
öåã	Ã.
Ê Ž


X
b
3
¤
•¯}
X"

Päy

&

$

2

(
‚ 5
^l	Ã.
¿gS
j¼&>Ç
… 	,;ß
&`/ ?ÉÛ
3
Fš”ft
Û¸¦
W
÷
M
X
ó
Œ
w


'


#


~
Ù±
8‘RnM
Ä»Ž{‡
m
“*ÓP¤;
}
Ž
f
Ú]QM%˜'–]j#³=^76 m"é&êP®8ƒÝ0ªýy3
.
M
;
D
†
D
]
e
#
/
X
†
~
š
j
:
r
Ÿ
¸
À
‡
/
%
¤
¨
Ú
X
$
Y
O