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:98303532 0 NOVERFL:-1 234 0 MINIMUM:0 MAXIMUM:9473 NONTIME:0 NLATE :0 FILENAM:fastscan_01_0017.sfrm CREATED:18-Oct-2021 12:15:52 CUMULAT:2.000000 ELAPSDR:2.000000 ELAPSDA:2.000000 OSCILLA:0 NSTEPS :0 RANGE :1.000000 START :16.000000 INCREME:1.000000 NUMBER :16 NFRAMES:180 ANGLES :0.000000 0.000000 16.000000 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 -17215 -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 :966.000000 520.000000 AXIS :3 ENDING :0.000000 0.000000 17.000000 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: ...............................................................?@FGA889C;5F;E5B@91G;H;<:>FAMFJIDHJ<0A>>?CM?CI=0>D?BBO@HCD00F@L=;/7BGJI8IB?==8>CG;=?@4D?AN70B,C-FF@;68E7=;JC196MC?.8A>BGM=A=FD=EFE>G@FEH5;JF<1D1=AC56?C8GKDBP6=?GL4=:G;C5<7G99G4?H9C@GJ@CA;J<:D:JA=BK<@8EKD6G:LB5<=/ANAA;59NJLB7:>A9DEDB>JB::@=@=?3:D@2A354:BA>96EC;=C9%CB>9=-9JIFLFDD9=B;8@=CH6G;:2>ADG3=;=6:MASJBA<JE?E9@IAAE4-7C4@/EH@-B7:F>A:D4KC@@H9C<:@?IH=M:9DNDEC@DDGDH??EFOAJE0>27@G@?A@D;@@0KHCFE6.97BG9.BH;<0H@96CCSH?3E>0FH:8EE>L?G?5@C;ECM8LMJ;@8R:@F906@BCFLB:C3@@CAFOKCBN/E66F8306=IKFC7F:>4I;<6;3#LB3@9GF:BM;FI?:DG>F>=BBKE=AD7ACIC=JEHMP@9@C:=A:;M1AA=A4=FO;9GME@>D:;=AAQ@FBBAGB8G8I9N?D?1:G@4:A>J9?>AAL:25NJ?NFD;)A1C938A>D?D;A>B/DFH97N?7-6=4?K?6D@/G4AKCAF7>HQG?;II3;OC25D96L<=H8@:EE(ADAOSCHK69J==G)G;FMHCG4M7==HN;7CDC@H@=BDD==0@PHA;E3G4:C@Q6);P2GD97XB>9A61BDB@6BE;?I@BAFFCN992?FA>./FIHC?:D>A5U?1H@JL/@AOC:9F2>BA76@H;1;D;GD>GB<;I2>B;AY9*7E9;3BI98GNB?FCL;@OE2OBAHBFJD>>EB0;AE<@E9=?CADJG=I,E>:.FE49@@E>:E=M=AFE:N3CADA=@J2CAE=D=>;8<:C7'MBJBADE0>>KJ:)AHAC9.EF<3@;6:A9E=3;9:B049JFCALB.EBG6VD8FGD4C41:DH6;C7GA@,>;6E>P=KI>/>E18E=NDD:88>>C=N=I7A:FA:;EA:9H;5E2@8?CB@>.H5CJEC7G=>4E4FDF?E;I=E:JDEM>ARKALECAHHQ8G7A98A?83H;JD+=HAH@GA:KAL/E9E48F9<6;J:<QC7>GBF<8F0@N<3AQDGBJC:I:?D@=E/@@C=4CAB8:BMBDE9ADB.:D@?B@@:5?B;8F*"C=CI>=7>F:==N@4<:L::4.1?AA59;1F@<,:5F8E=?EK?A*;K@C60:?GDI=C6BJ==98<4B-9@67>A9?@?=?A=7@%/E;73OF;J;BGF=DNA;04D;F6O?0MPC:ECB>=?:G/783:C3L52J>E:69CA<8>HCGI'5@CGA0?IC65H;KEC@FDE.5E:@@J@GA=6>A=@@EK6C6F?C<:C:=P7<@=A>LM?76D@?F9HC:D@=38;6?PCEB=@G@=A:>=FE-9E8KI?>AF6B=KA?:.=@;2HAC1>G3C2I:@F8OM+GE=CI>IC(@C@:@+0>>=GC,M?G:C?K?F9;NJF)@EHDGC@K/C@OL.C>??G>7=9?A7=B@?C9BQC=3=>AH@;I9:D:@>43B6M3IABN>HDH2<<5S8??=BU?@9<=?5>=IGJC=K2=:J/@J>@C@/B<@>B6G::IBAO)2(9=E@HEP<7*LH9;;@/?@,L=R;?:IJ;=@>LD=@=>E0DEC8H:<;C1>4:=?QN<43<75<?(2CIFFJ@A(3ABD3@EC>6BKA3:;BS=#FNB979B,IJY=@39JBC@MIFC97L9I=H=D0A8K5D?>=P?<=::;42@OCN@BG?=J689=>B:O=KCDRM6:AID68=5BJEFEE=;IDJ;;>;5>D@>E:;=4I5C.9G@8C8CG<>@GGCF<@?;DQ7IFJA>CB7:B>B.09;A1=D6<==E9AE>>79F<=D90<:C@E.CCF=AE6<=A4J@@D<8D.1@9>)<7,G0<7>J-=BL09;=GB<-O><;+8DD7GB7A>=IOG4B;D><4H?ED<1E)7?CJ,7<<=J9D4-@B/6CAFHD@9?4:AC;CC4C15BBL3JII@;H?P8B@9F@??9F?G?8C.EA6QG4DI<<<5B<BA@I77.HE==CL:EDDK;GJH?AEI3AAC/CE=7:7K1A*A.?LA;69NEJCN,MH9FCE:46L=,GG);47/>C-ELJ76=@HK5G7BG61>;9D:IB7<=?DMJ?9A:>M>71ACC?BG<E6L;25BE@D7;>A857=D=>F===3J>CIHKG;;D?=D4:=6<17E?C:AJAAO4ELA/-L2L=;81BE:/=FCEF>F=ABA@-DE6=FBDJH8:F<.:AE?,<6>37=BH7@IFDO?BDH,HE/6E=@KEJ>A@@>FCA8E8BA>:@@:;E689?FC??<7>C:C@CE=EC8JH@@55O==G?2B8<;>BAG8@=DE=<;48/1GCF;649@01E@>5D?:KE;KCGE=F=FADGA+8;>DH@7=2GG5>K:IC;>EEDJ>J?>;>A5A=DIA4L5>9EF81>KD7?8B:66>:LB>AI834COE:EA@6<4F9CA>?9:AF;EAD=E3ADAM6@IBD7<:CG@GDA5DK9:>?8C2C>EEA;E47@3=N?*F5C?<=A==CQ9?8<@*52=>C?BEA=3?;PF@AD>BB<>;@?B8A9@6GDF8D8C0EHH>?CK=B6G?JDD;FCJ:@;A2=F303HGC?6F6/@CKJA2LTIS<.96II.AI??B;>D/A>>GKOB?-*;MD=6L,DOIKR9M6B3C8A@HC6GB:L:LJ<3)@=.1F=L5B@=@I?=;4E8CBKB:7CK>GBK9JLK?8>AH10:A:>H>KG'O7@B@3(77AG965/IMA7A6L.L<5,==0/;MADEH;B0@2P?NH6L=4A@KDMC+BH>CDKKF46M;<@8729?7CI==>@GLFF:AF3FM0=E??9C@:DMBJ?LPA>DCP<:?@4.F?F)>B==5Q@=;;:<6@@A2AC;G?@5G6IC;6D?=:C0F89>CJ0DL7J6;H.F>69F6;IF@S>3E9C.0F)4<;2D<<5K?<4@@@F7;9BA3<7=A>7O;4;<;79;1F15==9E3D7=59>0=A@ED9>K7:;4;0IEB8989>=7-C1J?8/DDHA,?D8A=;:7E1='7DA@O15L@FI8K7>?@GDAH>HLE>A>CBCEF0B6;@0B:;7<:8II6FAM:7D/:6K2D@-=>J;?IAN7BM>=EC>9F9;NHF>J>=KBCGB6AJH2;;F@>1C9?FG;?=-9>M0I<<6EFG9A>>B4BBJ=DDG8?@=4HJ>GBDE=BDMG>A1=9DGGFJKC1I>F0:D2A;58BE2@;@E<<8B<=EC<=:@==NJ=C46K=D+B99@9.5G0?0E0C>HD9?>J8,D7>J@;6K.J55(FBH:>DB=I5<9:?=D3DN>BJD6/93?=;?B<;D;4GFC6@B?7D01;GF?=B8.4D@GA<@D(I=7B@974D@G=8.:)?5<8;9A??G0:8@;@6@<<7D;73LH=:DH973E,-@7A=:>;;@9:<>G;>9;E>C::GE;BD;AA@:6D.0;?ACI>AIH@AH?;N@GE=B<9FAC<ID>J.?0FFI<28HG=?F<=A9AAA6H:7DE>CN;:=IEHEDA;D;B>?C<7:5M@M+CC==ME>7C@@9>D@53A;?;?D7,DE::DC8=:B2C@7AD.@@?=6FMF86$E*=MD:K=45BAI;36CA>BEK98AD8BAF59DDJ7N:CBI>Q=BH;D;G;GJ=>:6E>H/>6,>A8A28?;IC,E=ENG>'BEAK;H>->/DAI0><758+KACH?>8C8B;D=,C9HB872CDB=FG9MFG88J6F=JMDJP?8<>A7DCBD:%A9==P><>HE:7I;C?PA>:;>?=6;IS?J7=1J6SC@14=:JA3>E,7>9H40A6MHB=35E4;>30:HAC@6:I;5KD4/0:3:7A@F8L@O.@:CCJN?EL;:=0B?6HC>@@;15C9?8HH?0:0B?D3AE>8DC>EH8>=:@AD<;BC8@H>LOD>:<;G@N8?CIA>7H.8?G?HECI12B;DMEJ1I>N>?I?,LCOII:9@?@G?G5=A;C;><8:A>DBBA=G>?+6B=G4@:G=>BF7G5IE:>9AA:A@;@?;GJ@70Q6D5>D:BK;7F?=L*;*<@<9D;95?F>:I:938C3LE>=*BED?B?BD9M6@A>@>B>7?F:=158B-<;4<:F>=B;::IL=9:F@DH;>F7::=I(ED:BADG90?BB+D?HBF78@>E>H:/C3B=?;?/H94B=6DD9?AD36ND:C1CF>:A;=7EM7EB:0@0C>I?C>7:>:/C.?;A=::@P<=08@B1F>D9GECHIBDC487=G?AA<2AOPJ<8:?1654E<8EGFC<1.FGD2@@;K?H3J@=0JB/2ED@EBJF2>D?1C8KC:CF8E@CB:G374AMG<3K>4=7H?3AHA/=7@B==IG8;12GBK1<4A7E?>,*?1C>4>=DED.4CK68:CFBINEAGAAG7;AG9=5=DA9;@F8;?1@=B;F?=IKCC?LBF>=A@?=AAC=B1A8=9DKAL0D8@CAH>@=ILHGDBJA43HHAG@>=:KE>C7AA/?=9C>>FB@9>ICH6E;7/?==9DIFJE62G?:D8,BBL6BA'B:F=:NDJI>AK>M<==@!=3CM>;CJ6?>>I<<<6K8LF9FI=>FD8>4HA=CF>EN=GCB==A9JALDB2G;PC7A@;<:?HBE7B>>E@G=CG9AO?D@C3H5JB<=K(@J/>C@5F5ALF8C@?DR6F9D@FH@I7A01B5EK0=@?=LGI;E<*=0<:6C@CD??=;29:D?=;D?RFHGLGJ2BG>=A?@7=I:DFBL9ABGA=B;MDMI=E<833<+;M99CD8C(GDT=@2>B?BB8=,H0D@HG9B.$KHLK878<:7>H;B=BAMKH:I@@T8=5IBJ:?=NIN&IF686FKM??AG?F7JBNM=Q?-@5A?;K;N.2K>L=A=KGA@50=52KFAE;M08E?><:-@H1C?6B3J>BG>-DDBBC0D>NM:>AGE3=B:H409E,<36;GBBF47=;EA=FGGH=B=FLH43?<>FO+B3IAS65KE97@@B=RH3@@JCH7NAEHG@K6F<@6IAPIBEQ;K0EA;+BD/E7C?8IDG>>;A@:K5H=@:N@=@FB2=1K?>O>9@C7@8;@DE?8:@6>MGL<@@2*NICA96A>B56D=>C=;;<@F;042?=CAM:5D0;:4D4>/ACE@F=0ED87956BCB:528C9G@92@F6@5BK8,IK;@4>8B1B68*7G6>0*<32;?1=I8?18:<:B=/FB><94D0=?H>F-76G=CB79;?>619I:>J>>IIF;@5G5:33>:20CA6A7=:<=97>BAF=:DBG7D>FF5@:@=B?@MF+FG/6BEM9HAD8;<@F?8??E/@OF:8=>GG?J5@<7BAGD?<=>MD67->J>@G>::CBG42D5@D>;9MDD9C8M=B$7;>N>Q=-B;<>1F@:2BE0M=<@FE/0B?KD=HDH-HBD@9D=HNB>5;BH5A;DG2CA@@EFG>E4IBB@AG0=FJ6MA1M>EGB7A;CA>5CDQF;95<@@BIHBBPEC.?8=J@GD@CGF=HIF9D/HN8=;AE><;CCA99:A5?FF=7I?<=LA=C@9HH3@H9:D><<=L2@;7D>H@E@J@?@=AGD7E?EDEHCB@A?FC,.0G8DD2B;:J6BGIBBAFF:B:5@@DE7FH?A8>BH3=>;1DKFFC=?B48AL7B:;E>S?-D@GGD737D@7LE2M=73D?K;N9G6EC2.G5>;?>@6DD4M2DEDFE1I5=<698@3G@2CG:I<=D981:;J;.A9@7=>6G?F1CBJG5L4CC?FFJKE>?9D2CF7KH4CABA<@/E6A6P0A>EF@>=81@<5M5BHMGQ@0GH:37812@3>?7I>A@>@BE7AFJB;=>@83<>9JB@?=>?D5F?CDG7:AKH9JD4:?>>;6DK;0=G?BB38;=LFE>I=II9DC?>6BH95A/;9EQABHKFG2.36A5;?;A>=2DJEH?-M7<=B2?86D=B>5=6C0C6;>-A4=LAEAA=@<21FP.99KD89OAE9>8L=K:87:*CIJCF?ID?K8B?DDDE;BDC4GL;GARAE97CO?J5(LA@>?N7)?@;G;=9HCO:.@A-DF@><=39J/<@9D<><;D8;94@C9>A9BID@C;=95@C4J-5@A>B67:AC>F91@8@C1::>3EG5O(A)77DCD=3BA;F?4@?=MDB@2?G2'J2?*A;75>D9J5J/MK;BH@:DH0H1?F<6HCD?@39=9>D>5H8BG>HH2LC>DD>4E=K:<<6;5;=G@DD5V7>1<;K1BDLEHIAC4KD8A6H.IE;=AC;9CE:DGF?13;FB@L7>9>K8F8?5B@1KIME=@MG>>H9E54IC&AI5JEEID:BI7=?BA>LEA>=@O@FF62DDCKO;CC;>E?KBA9GL94?GHHA;57MAN?N?;8GB/<72;=+5D7B;8=HD7JF=;1DH>>OI:7-G?/6=CK@@8+@BH6=5'K5>3@3F7A1G;IKGE<<;L:1>DG34C6CC9;HPF9I>F?F=*C2AEABA=B2HF4BK=(*;A<1?K,38@8<>7B8;4J<;?6JFG;;C5FC7F.556?IACF7)7E@AC6C1?CA==JFGJ?3753AF<6H5@AIAF8HICFK98?B@>1>KE?B7AG@@:@0P=(=FA?G@/K=>F7E?I:95DC4H179C:G>M689?=:AE7?S4N5?ID6HHAD@G@IA8:FB1F7671?A>69A3D:CAA6A;;=FEICA65B4CC<=C3<;:K;B1D:G:/K;*,A@FF6CE/=3L?I@?H9>7FG>IK;:L>TF-;I77=21BB8J9F>-7E9FL?-F<:<677?A1@D?5.@>4L4D;ED632?6DE;J,F6@2LE;@=@?;ADRA=@I6LA?:@G?=M5M:8O:JAGH<;ADFB;.<4;>?K@=LOBA@=.J5J9?JC7?J45;D9H>GBCB:E04HGB;<4CC?>FA360EHCB9A9C@CJF5@/7D<6C:BJ?=D?=H6BHJII=AB:.A140K@B>"<=/HJJC:0=B88MI:0;E=:?N@>(A?35M:K@?H>F;;>8928:;?E7EIF9?/G@O:Q)/8F;0<.?9;C8H;?>;C97A??;C4CBA?5=<:>E@BC>F6C/8;:CIJJ;)>?C7HE?D6@4G<@O998B7>:7AG6@B>?6H?76@(;CA532:=8CAI:9F0=4C-;GE?CBB::*IBG4K@B:0;A4G9BA10/?>G*/+DA8F;:>=94EA@:DJBFJ@<3LG?9E@@ME':=>74E"B/@C@8<EC:::E?8DL@>8;:F:OI>?;J%E98I?=;739;@H9HG=?F9;>8BE(CG88K?6JD6<8AC5D?GEHO9;I6=1A'B5G9GC>=.K@DB<;5KD7IM@CBJC0<7M>=AC&1=HAH><@EB7D67ECBG:3:<9FJ6AI8E;>=4G8JF6BACF8>BGH9G8L?;(DC@?CANFHJ95;<3B@78<7@?J4AF?>IC>>@=?@L7D:@M1,R=N?6?=<@6=F6@E?@BK<>=>G=?459?BE?9AB4H6>K<=GG5;8>E3LDE:=?9BC54@DA(;C9<@@B/>?AK,@DCB9>BMA=C@@?7D4DC/5??BD83;.?L@@2BBF=DC@B57A4??*AA86$>E@77?=2?>EA=,FG65;>BBBB;EA6>B;-/6F+7<3J?D8/E=55:IN=74G4B=>?9N6279L,:5@5DI/IN=9GG/C973EH@G7=?=HDB>KD@BHAO/;J>G:CDF:F/AD0:94:EQ9@D0?@;E>::=I=:=QE7;8I@GK7I:/.J?O7DC66@EG:6A@AJFCD;=?FG.I@96>09E=A=I7@FC937>1/,@><8:Q%590?A4>7;;F67:A3@.;M:;;.MEG67B@J3FA=A=?B(K;C1DCI>N6F6;G3@DK;9A>>B>@*?=B?@@<47DB=.E>6B>;6<5A;?3AB:3FD>2MM057:D8?<:=7@I,A20F6E7;H>H:CB<8-D0A>AF,CADL.8=?FAD>@I=/C2F4>.>D@60J.<=K3*>G39J:A,5.0B?;4>7L=-C<=?BH@479O;/B<:D&@>D?RD$@><>?>::54E:HDOA7E@CF=BBA:HC?K5BAOF?/7QKIK8HSE>TILBD?N=70B5F@I<==E>=273B=2??3FIK==GNC4@C;68<@;?=:1:=EHIE>ECD6F86:?AIAD5K@@B,E=@87@CAEKG>=GBCA<>KD;?AE@389<>4K?45?O:J91K<87F76C?5DJ6;9@F=HE.=;F?:;(;;LG=45=??===H;BE>,9@E8?B60859;:3=F4D<>:3;4?>=5?9=?>>1@39;?938C@D;7C?B9@D7D<@@<7/,@?>G>C<38E>:CF4BABG=KFHGCDA-J3D75A;<=IDCE;;?PE4/<>=<79??HD=;B;6OK@?HN;E9BBA61<@=B>ANKF?F=CI3H.G8:@A3.F;DDB><8:=DECQ2>>>1J'::>;A@D?G>E).G<3C=4X@F=N4BC57/BBBALG2=DC9ANAF/6FC;@4I7>3Q:;8C9EJO969EI@KD*><2:F;C=EA6BM=;88<'J.;*<=;?@A6A@F5G?@;EC>=II/PC<5;F;7E@@DA;I>B@CE>GDJNDF<4JAG;:=;=67L>@:B=QL;)BC766I9G>???A49MN:LDBCKAAJB?CECH=C0H=IEF<52>?>18=L5C>DK)1H.:C?BE:E<9C>@<8)HA?BC4=L@;<>0588B@K95L?K?7?=A?E=;G=@>F;5=6EI>?KF59C;;31::C;D:DK@BI:7C@JIDG>4E:=CF<@A<9B89;@>!B7@?,EHH?>>BDJC>4BE>G>MCGDHABHBB=C4C9:BFIEB@<6AHGHMC=FAI2?6EG;;?3=RD4CN1;EA44BKKG?G>H:1/0G5@I5=EEF8GHD;G=7G-KH69G=BADAA7JG;I>4E8??KOH:G@EEE=?GF>@.L?1ME6F9?<=3T-7OBAMG5J1=BL;BP:D8D>D>5JD3C<3C;L5.FD=Q6A94GEE<6@7HE9K=IF;>:C=D:>/B<>9;A9ABG:K39K4BJA7G-SJ1G>?E?6?9HI>J9<<;I;9;D< =C9@E?QE;DAABA8M<6@C>BVDNDEKD?:@=CC?5<8;EBF@?7GF2B;<5I=5P@M>DKP=HO<-I>.D8?B5C@5@;E?:M"==6C=8M62G31B=?B08OC=2JE=B.C78B=;I2FHBNHKJIKB@7>P3A6E9C8N5@0PB7I=D=?8A5;G>A5>A>?;B;&=EB@<::E<=KEAC?AK=CC=?IJ==?:A-4F:A?F78?>9H=BBK*CD4LGAC:A=ABHA=QHAAH8?7>AGF?DA;K>?65EAL(6E;TEI2@AD07/6>=@CCAGB:6?A>3;E@AF.;>F;KAE?7A@K;::=47DCEC@5?8LA1AI>MA>A7A08>>I>CLD7GIK6KK@@HJJF;IGAH@8=;GAE1C0D:EF3OCD@D95JC@G=HJG<1;?II4>:=C9CE5FB7:D@.?H6<5@8><<<=?AHHL89.46AF=:9<&5=<99=D7F:<:D2@6?B@6?;F75:E*:BI:3>GKLF@F(:?E;>18D4@::F9F:G6J;C>@>E@L:=B5B>EF;?B38H@3=7I:>ABKR=J/E*DG:45<7D6?CKET81E?@IB=/=?@D8I8D856>BCB3@.9HH?:KAOCBDA9I><;DAOH:G?;27@LDC>;?D9ADALD=D>@98.9I0D@CH9D?G5-FM@I<4D6>C@6::EFD6@H>M>5H0L9@KA4BB>/6-ED?HLE@B?5EG3HI:F=:C/=A?IA8=8E,GIB1;N5BBH->M>;=7@66>3CM9C7AF=G?9BGB8EAC97I=2>68@0:0D?*KD>7BEA7A:7G+?D;=<4C@E=;I?@HBA=>9DJA=;?3L,(<2KC;>7KD?;J?FBA;GJ>F:17B;:BI@JAH:G?CH8BAHDEA=7;:;<5G;O:IA4B=G8G978D?<;A@=/@DK>?/CAB>>@MHENCGDA=;;G==AK::8C=@9A;?C:K0BB?AGFD09FFA@6HD:A<;I;E;@BA@GA3KCEK=6G=<:?;K>76;=7AII8@I7B?A;JB:H><::E6G=BOBAF<=95=E@L>EE;;;B?D90D@@?.?HBE=>KP+D>D=6KE;D84'/A;@>AHK&GF:I4=A>B7?8;>N8=B7M:?=DG-:;#1A;BG:H8/5F9IL/><7A6112?@;G?@FCB7=?;8E@8:8B>5C8I=D8QEC/D17DIFB>:?EE@BA9?@7=6BI>57?,A=JO>.6><=51?5L:?@DHE;HHD;=6:2;1B>E@,3Q?>>C>1EA@H8H>6@>GB.>D?4@N?MCG;LJ?BIJ22<@:=G68:LGL?:5FLOGA824D:C=2O@A>=5EC2Q;5;?>>::>:EC70HIA?33B5:F@6O=4B2=+E9F9N9G=GC@H9HAFF=FH4FHC/=KI>G@4M2<9<=68H?DD:DGD>IFLDABJDDFGCA20K<=>B>36/?;6:HB@:B+7:)>?6<@GME8D?@53L>K8DF79AOFD>4>N9BJABF5A9=9=DKAMHE7M4GBAAC<;WIF=@GG=BC6:;C<9HC+LF2<2=;G>K851?<3I>;A42A7H9@8A>?C:?H7?IJJ;=@;HHE>EMEC?89;?@@@.4=4@;CD<@AF1HD=E3;G?E;CB;7F=<:<83F0>5??BE9.@A3:?09H@I6HCC5.C29=N>CB>B1I?@C8???7G3;?>21AD)>7??;ACJ8):65CAABRC:DCIBJ8<;>>HII=6B@QCGG;A>1;LM<@PCFDJ1O?=?ABB>;6@8D@@ABB;:=8G>HCJC?@;>E/S<=H@>IL4K7@K.C:MGJ>CC:B>A72;9G?4;FLI<>E>>C7;4@C=8>/N678C,FFDDAF:75BL;B@45=A6AB@?D;CFAG87LF5@CDG9;8@FG>FF34I?79:A@@AJ27MOF<=G5??C86E=MA@?EK67H?;=C5:B>A4:BK8C;;=;5=?8F>@?>7C=@3C=B;D7=;5@B5>HM-449?J@4CI);14A<:HC@M>B<2?H:568=3==0DCACB24F3R5ANI?=>C<<8=:LA5C9J;5@93>JDG@D==9DF>HA4E7>C?A:NF?J?IDE7CKAK:?EHI?E48?CDIIB/H;F@FHC=:@=BA@@C;IFANBCK=?6ACBB;7>8@F@EEDBG@CL>F?1@/8BF;FF,A>0?F;I6F>9F@EBF86G;OF5B:DH;2G=@B>@L6DK2>A0;AA2:G81B469CBA@@5;ADB1H<6EA746N1=H61F:;4FA.>AEEG>BF090FDGA883>=>A@@<<0E2>>J=H76?-=N;=/??>-:A<=K8;L.C;C7A=EB;<@;D4:O>?@I'4?@IBC7>7=A>@9D.B;9EBCB:148-H4=@C0?EB:@:?EBH>*B;B#BB=C;@;>>K5=523E)?:2FD79;9@C6:L@E=FG?8BDCC??8>7K9H@G>F<2EC-@=.;C$>7?4?F@9LA8DD,>>@O@45>?<6BIC?>0MN>>@T4Q0CH89B8F?6GB>=-HG@=?D@=KH9CD9I/;2B3A=EE@@-3-DIC:D<8?EIKIID:8=5B7?@DC>IQ>C@F0CG.8F/EGAC2E@K:GC/.A.GF3CT9E5-OK0H8ANJ0K?D67A6AIAD?=AB=8>BEE6AA9PB5L;3;;FK:JFF2J??M/;@1=C4C;DB:1OG<DCC;:C3<?EJ>6?413FC?0<4AM/F;?8=9?CFF6DBBBL@EFAI?=A9HJ/;+5C>*B6K7L?MB:(/5HN68B?F/6A90J;?FBC>G8LEIBI>A=KFE=?3GFB?CEDEBAF22FE>E:ACGKBA:4BD5LH?AFF@B;4K99F@BUO58CI:9H3=1EK=>>LJB;KAFBCCI@AA?D:U7=E>IB)IEIO<>B9A?IA6K89EGJUFHG@=JC><<5E6F@8:CJ6;GK7:;FLFB:KCDFI,F2@?B<@7GH@9@G;HEAMM7?9-A)(3=?D@7C@8<,CH9:A7SDA3;EM?6CDAB;;66F*<:9>B/=-<>AEB=>>>C899A+9L6HK;F8*:9?@??I:MKBC9BC;G7-H<@5?J?:>?1=>9G7=BEIFCA79?EIIA:CMH>?EKIA3@@FF7+A<-JC>HK>5DCIBLKM2>@>>=CCMCF;/>I7AC9=@D>9DB<=98DKBH?EB>GB>3=BOH8A>@7MC-DHFDI8DAHCK7FCH;@>;?=6F?FGC9BA56@=,L=>,=9?!=C:OAD7END;GF08FFA>?K>>IBDG:4GBBI0F4I=19DLCCB6K3C7;G7J45?ECC>.4>7@K<;F;41@C?B-7N@,;,EG5A;1;F==,C25>-M25-3;A=IC>>6BDHBIBBD:<@Q,?/G><60BJ?5C*-;?31EE5<7>8>K@=;FACBE6;=G%D5?B?90AG8?J?BDBN:5=GC=-/GJ=?DDCFG8G@:A==NGPBC019MON=D;IF3B6AFD971FBC=;1<1;;H6.O2EL768>CE>;IL99BN2F4BHC;4BI1;D.!@=43-:;1:.@BOBI;4D+4:B6?>CF7D6;58AD673H<@@G7@;7AH=DC9GL>5G?@6I47<:A4JJH3=:2ES?H)L8B<2FL6;5@F@?7238>HLEIBBC5K-.:/D-9=FAGGHNE;C9?69=:79@D<9CA8BI;07BCH:7,CKDB>J)<;@JA995A@;BB1@HAG@D=HEA<;FGDBEC>L@C=@F?<@;26B:7IAD89?F?BGL=B8BE?H=CG5@BGGFIM?H<@G@B5>BDAO;;;=?6JF@C>-I8?ECFC7F(>J=<9G8?=45EAJI4@D8EJ8>CG>5>DH:A;AICID6@6>;DG8;7N=LJ2>IH<;IG8IJND>@E7J?:FDJK:HG>HAB@>AEDGB<;D>?CL=JH>OIHJI5J>L34@FBG=E?;DJ5/@@6F*;8L69>H->COA?C>J5PG(/EE:99E@2EB@EAB?=>5CA>CH@8A>E;5CBHI;E;69F?>A@CAG8/BLCC11?:CFKLC0=?26D9>+EG:=<2A;5>7DGCG=BB>>B54#:FF>?IBG5?A68KF>0DAD5G5?@BIBFFA76H6B>+HPBHA>KF83&AAFDHHED=DA=@BJF@D>G@:D9?A61<5C=ACM>@?DA7CJLK@:FDRFL@BEA7F9;8EF9EL@F9BG:FB9?;5JKGB>@ED3DAB?=>0D6D?CE:C@C>FGI@@KI;=KF6F9<@==8;:F8LLHJADADEA<73A;KAHAC88DFI?6H??>BFA@>1;JF+TDJ>1;?:@DIFCEAEF;EJGBKHE@:FE4E?>?6I?<@7HB3>EK7HKE?G>@LMLB;G)GI9PM@?AK)FF05BLBDECC>A>E=D0;DD3IG;A=E?EDC=?EF?K94:FG:G$?KDB:JHHCI1AC/D<=DDC7A=>AKEAB56II?=K;34L*J4:V,EBA;576?>H>@1B<8>BJ?ICDJBB;>HNE;47=B=F5?4:FF9C=>A?DB>6GJ>GA=BLB=GG4?B8/CB??>:B>?32AB>H8?7=O>DEC?;<4I@J>=B487/?D@E.AD>;;;.G>ECC>EABGCA<=C::D<:CEG>C?HB=8E>>KI)9>:JAGHG;LGFLFAJFMG7H5D5CG9CEF:@1IF<;:N6OMC=>KICEGB:@3?=/4>B=C<@:BC=FDHEGA;=:*90FIL6N@5CDE?@KL@A?AFF<@BB?F9G2=47?@A:F?KMHCICJ2C1BD7=K:MIBBG88A6?BB89BFN<=HF;FKNJB9GC3)HBEGN@:7IB3BC?9>;BGAC>FB?A<8D8C@>@89AI=D60F:CAK>A>H>>?4?G;HD=/H7'@BEC-D=F@J=C=63GG@DEDBM>@@HHD9?265MGC;DCLE>>A)@AMJD8=?D<=EC;3CGBHD>9LILA?M7GN>B>APD?HLFD.FI7FGAI(2N>JBA:I=9FHE=BC.A4=JDDCBC;A7H5;E;C9CGIG=<5=4FG=7HFAA<=;;9<7<=G=4H?>8L7BB7CDG"CJ?HL1?IO4IE;?@4EK<@C0=>EEB8A2KL7:BA7?CCCL22HMDF5/I=CJ?DD>9GKA29<<=C:@;C:F>6DB9:;C8FG8C<=@:G6;J=AC=>?7=:E?,?F34GG;7:BA0B=8I8B?7?:?@395EIDBGAHAS8FGB-BA8+J>G>IOB<4:EBIA?BGEC@BI54BBB2A>>G77=2BJN89I?B;5HGB:CHG>7C>:CBAKH>GD6HKMA9AHDA:=2DO=C7?GDA:J;=:7B92C>C<:B?:HDD>9I9REB/A<@A?G6E@7E:CS>=3I%E89FC88JJDDJ==DI?DJCJA:I=J?>72I>6:4@C@A>/H2:EBGC<@AEE8AB/@>AE;>IHRA;F@J@9A:*?I>GH98?9CC,8FG?BLLACB;*?CC;F+8;ICE@86G=@J9FAL>7-?D==@7.FC=5J@HB6MK<=AB6B;HEACDM>F99F=0/:BB>@D?MB+AI721NDM7CD>G8:@I><@=?@>>BE@F>@?)8E6JCL;B=SC:?DJC8A4-KEHBBEB>L?:03I:44IKC8BD9;=?B?A>A?-=9CAB9A>54A@<7:>IDAKBD@>FE5D?<4;=J@@L>IB5BHF=?KG&J6HB92AFB4(<3@@?F5?5D;LCIGD7E:@8@9:CH;>6F>CIE9I>G<@HM6JBGD>G:=@>?@E/D>B-BT@G=FG@9ICA=4KCC=>;FF6?;8:+ADB=F.:BJ:=65?IH?>EMB8?FCN=>=8:CN-=4HE688<=7/?;<=CBMJDDA6@B7D=>>/E@DC.9ABC<08@%7:=56OJ;E>=HN65;7A7DJI?H6BB=CK?H=;HB7.A7>?>>=CB:@;EH:AED86@4JK2I4;G>A=>>OFFF@J@;EC<14D;7<@JG<@?:;H:=D*HP=B?C57AC5B>93/MA;FCHC>6KK=3C<5D=8NA8AG@8>CFC:A9F,CH9NM><=H;IBJ@CGO;8C>+5CB:7BFAE63CAF;C%H>9?:CE0H1AI6F3:>KF@9>4<2@8CGMBH;59>/<>5HB<.DC?H<@C0;/=35=5:?3:ACGA9F=6:?EAEB/BD1Q2?C7@E=.6<9BE1J(BDB6;0/FGI?3BCD>?D?>4<66G:E?<<9>FD@90??JA>755G4F;@41/=BBL9B>FDG@8=@GI7?B0=K4/A?8>A+F?E=?:I-;L?C8B??=EHHIEI@2D?GC$ABJFAD;>4;>B@:EH:6FFBDGJ4F8<>7;CEB5E7GB@DH?A7@74E:FFB6=29F2@;DG96?9B?<1:?ACD@;C:9;A?<;/9C@75@>8?GHBF:IA9:=:AGBEAN=DBE6;5*J:>D;:C9=@>4=D@<:C:B>C;AADEHM;GF857A;;8JGDGCD?CG@?@5:D=@G;U6D:G:>2C1I9=@F5:AALC?=2FA3H4G6?/;6C<5>:9C=+3U=@38DD@8FB<=?8:LB?G@;BA<6KAED;C@>D=J?2HA4J4B<@4F$CCH?)8B66=6DC)J;BF=C@?FB6D/4:,>6B:=H?KC.;3F1*>HK?I;6.#=K>328DEF>DFFB@06?E:=8K4:2DA9AF4LED7QA218LD:<1;==99>J:E8;QB;*KIMM3<=A9C@8GC?6?;?I7:=:DCG1FE5AHD=?4=>AID?C9C==D8@>BM9NF;3CI<860D=>>4<<;9>;59>BJB><=SH@C=?69B:J=LD;@?9A;=@5229D=,/IG5>79G?B2F5AB?;>B<<@H>B:8:EL3B4C-B=C?B1CCBF@D:OE>EKLLD6EAA=?=A7DL:;;RGJCB5C9B::8>?B9==58GA@0@JF@BE::EB55;DEDE<<9DAICB>=;8.21D=34@;99<9H>EC4@>1A?F.G//IBAI<7>G:77+5@1E6@7DE0@?G4=78:8D@F8A26:;FGEA;9=EAI?:CDE::CCN2JC6?ECE>DHQJD/G@HAIM<@H;C06@6FE:8@K>?E@%@;;98E:P=H3@?>7AJ=83B?:EA=G8H5:3>=>DAB59=;D-5E?76=5IF.?B=4+F:EG6ABG;8IDDGA:EHAK=@49D?BLG:BBE?DE;NFP@4DED7A>F@>C7K*C4B9@<@;4;==8F=><55=I+E,7E8I?+=0B9=8:B+69*>:;2=D8BG??ED=LFC2AAHF=BDMD9D??677H>FNH;8DFBD@6H?BE>0C?6G:Q>?O;D:@7D>NJ>BJL83@=NP-3@Q?7BG:%HH>C>72IBN;>0CT65C<9<4@A?B,BK;<7?'6972FDB=>KE.AABE/C17DEJ6E@9K33=H0DB?:A@8<84AE87>:9<5?6CD:@/J<7@H@B@ADHC??@IL;B.;>B?7=3C09>B/AD6?C@8=H=EA=>.>FB;AB<@C@E3EGBFGGEGDBLMA>:K*AL;O81B9@DD@@D;C@8G$FC5CEAFJ>F;<585B7<8N>EF=>BC8HC:<5>E7?E2D:>GDJ8=FEDG6>>6F?E7@17K:;>8?CEA;6A/ICBB89AA6I9E64ADB?@<6819P2C/?=@@AF6EA5A><<4>C?>BGNA9DHJ5E=C3GG@@5@@DA;@=8H9?F=;@D@@>>G:>D>2=D@<@BB85;@CGEEGG2+CBKCCG?G@E>CA@;=BA@E?6<2QA9KK>;EG@7>B9;CM6Q8E7@D@7F;0>AH9>>:<27B<:A><7A7A>E;D;J<<7?:;9CA06AG4:8IDBFF>9@D4F?A8>=>E>AIA1F9GEJIC>E<><>C:<559A@E7;.3??K>B9FE-:8IJH?FI?@@J-3+@(FP;>DA874PEBD>F?69>'5=@H89BIDF=CAI>74D14A?5F??=A?58F=2@D>IE=G;JG7GBPD?@?>@?89B?G>U:AK-A9E4F7=A<@859CB>-M;5I=F@K968E(?<54HAD=?C09B?D?9CJ>G5M8AG;2G59.B>FF9E@GDBJ>F:D>2L=CFB9C=*@DCB;FCDADG=/8A=

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a`mŠb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c†rËÈþ¿Æu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g…¶r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t‰mtRI9DDCQ3;IA;CJ9A>3H==C4MI<4?4C=K@G9629@GG==E?JJ6G2@ICD@57FF67;<9PI9@C:H8IB9;38>;C;G8EB?28Q8G<@KE@KJAF>@/<9E4@=F?BHIBD4HE5AB?==BJDG==0?AKJD@A;DCJAC>7>GFEDBC?Q8/C87?DF@/A3@>C<,F6E@2?C>AK><=.J47F3@>BDI3@A9G>8::EIAD6GC?5?++FASA4F@F7D43;@D9CIJC=AJ<8C4FA@36F=H;@BDJ:H=DAHC9E?<:?@BD=98FA:ACG=?@G4?@C<7:-I@<5>@;>F=?<<8DDD?K=N::H;8B6B?I@EE=BFC?<<=5F-F=@E;BC>?>A:?>:3>A>EA9JFBHCBM:EBD@;&IILFE;A?15DHGCL=<<@>AED=GA=J:4FB8=G@;5<<7AG3<8?B49@G7A>=<:HC8B@A>-E9D-D43EG4=>@6:DC8A>9@A>J>=9:;>H4IA@C>>H9BDA8>EA>0<>;/KCBFABEG?A@4:@<3ADA9C@.3=BJ8E=GBEDA29=8<>E7IAH0D>5B=BB+>4AE;;;??;CD9?>5GGE>;C>=B@=AI>DBD6F?I@;EE:;DC;<>:9AB6@:78A=?A<7:=9;?8?;I=GI@;9L9:9>GD<4@B9FI>EPIM:>JB::@M7=<4;N2G9FJ9DB9H=*<5?5=@4:C@9JSACAF89C6@EGF-:C6C8;F/=FDFE;I;E@=;5:;EB:GK9F?DAI;5CCHD=GPAF<@A?DB<6AEDFAB-C:@GD37@$KEHKB/?7?I:<6=;HEC6@A=;GF<@B>892F>@3D5BCC@@JAFMB7>9D:8=FJ8E:1O9>9D6;8D<;J@E=D?@@?<7@FEB;=LH=E;5L=E:?FFA;AG?FHI@5>E?AAFBJ:9FI4,B:?8BFH@C@-2;3=899:IE>+CE>A=+E>I@>;EBDJ@BG=88CAEG?DEFAADI1HECAOJB;IL?HC8@@>DG=38KBD@;DH9;HF6E=@?DEDA<:8MBA)@B>6ADB>:77B>>K?EBE:9A6D6EFJFEM<@:6@>AA;3F869B53B-FLCDB@F74A>>8CA45<>K(8CK5L?HD3B>DB>?DID;2>A?7;A4D3?=7;6A@D@>5=;A==>9&E6CB===F;AL9H8GGB;@;@G?75C/2CA0H<3E7@?GE:CCD9B@C@:B;HJBAH;1@?B=:A5470B@CI7IG=AHAJ=197D<68L=CAA,9D;8B97C@C*A>:B>@F88A=29
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`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ib„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†zzZ`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qš¢ÆÿêŒ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au¨èÿó{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a[nÅïáì‘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lŽ­w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bd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gI^m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o‰¦™¶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|ŒÌîÿÿÿsh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ÿüÿÿÿÿÿ²x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sÿÿÿÿÿÿÿŽ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uÿÿÿÿÿÿ{b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•ÿÿÿÿÿ›`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j¿ÿÿÿ­~g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s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m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h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i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•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i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b[HED=AB<;A8>F693=AB@CCB@=>A9AA=DC992E=?@>E9CEA@=B?>C?AB1JHCFB?C=AD7DIBD7>59C77F=BB6:D@6>C;@84<@F4A<3FOEE85FGF>CALD@:8;DD8<2=A:3ADE9?E@B?IA:D:>:8H7?;:@6>>@:0G?=G>C;A@@GE;76.9:GC<@C@B>DB?@;.7C?AL>8D:C;::HFAD9E=<2??AA>>?>C9GG=>=E=C@A@BEF;:<>A>9<9@>@J?1CC@A;<8BBGF=?;B?EC56P=>:A@=?:???@?C6?6AN9>8=7F8E3=6GI@;<9I5=:CE>=GAD@ADDB:D@B9DCK;G?F=E9>@?=@G@AE>=5:@3=B>@L@HA=MFIA;O=GNCN?C3B<>?@@CA?;E6:9A<>;K==8=RE8<4FE;@@=;A77:@3=>F;D>=I3E?A<@I?;:G>B=D@C:???@I?B:E:><@D<@=AAM:>?7FD@GDB6:><77HA==?=?<;@9<=8?BD>:H>7>M>=@C319C:?/@BGMI;HA94>BBAA=;=BT?H?>C>7B=CD=<@89E@<:5=>CE6@-G@8=??I:;4?GHB0MH@<=I?>8?8=@:DE;@ACJC<8/DD9:FG55AA35J4@C=A5G;D@<=?2<:?<,;BBAH@A:=4<CE>=38DB9,>9CI0:A@;C:@>2@9A6G@B/GCC+3F=>3=A>=>A96;AB;@6>=:A6176<;@7B(B>8FC27;AB=7@6?/F:DAB?=C7F@5C?::B>D:<<@/52/B=DC41:9@;>CJ>C<;1?4H?=*779;?1?@=:6<4>>>5<>@9<2>D=B>@A476<:@G:6>7:68D?;<2>>G346A@A?8+1=AA?64<,/4A9@>IB4=?/9/:=C;1;?A:=EC?BAAJ<85868>3>5HEA7:>A3B+>A<94;>09C>8<884;A=>;@G7;@1:@C<35=1B;?=;<;6?>53@8=CC5?;?+>AD?=A??89IC57@67;D1G6>5;>@@/=;?C=?>@::D;>?A>=><-7@6?DDCH@/@@=GAB;<+46=6@3@AA6F>6>/@@@?EA@>2;<8:A<@A@AD>E=:>@@=C@>:>G5=?9DBE>DCC:DSDRZULUVz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ldžnk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m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f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q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`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a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bDF@@MDJB=><6:@<9C=CQ8>LEAGGA;AOC@HD@==@FDLC@>?FD=C6B>FHD=OC7D/=><9B57I?6HABC:H5FC;AA8@=AE@9AA27DA5?J=;EF@9;E9EF?K?:C2>C?8E.>HIFG4>FN>@3>M=5>@=?$9<>@)BGG@E99G3=<=:?BC1::@IJF<=B7?C=AF/<7?=/<@D@=9H;F7@=@:3@=?EB@669FA=D;:6:@C?9I@@;?>6J?2=P@C;2FEDC,6;QE;>@D9A=3CA9AA;=5C8=7K>@;AA=@9C.>DBD@C-C67=8F46/35FGE=98D7E<4<3CE4;8?:?D@BA=E=D??B?BB=:I+@<4A6@>9:?G799BC=A455CC?CJ;?7D@=GB?B>AD>BB;GGI>=AD9C:A5A>?>;,@@>B7>7@<8BEDB?BFHH=5BB5HC6AE?B;CB9A;?G>:76@CG+A?C?:@.G@C5LA8>@:73?BG779>;=-;.AC?.6KDD?C-?7>F?;;>==C;2.>'>;@:>68==62N@?85KB4D36G8?9H;AE9?C?@<79@@,<8==2:9>:=@7E;5@99@><;96<@;D9@7AB:797?=7G97;AF5=;BBOAE6?;>JIA:AC8=@5549=;<>=A8>C47CD>@9E>612,83:5?A67#?AG?=:B;D2>@;C?<9@:;899@6?=9C*.*6*H?<;<,;=?CBA;775@DA@25;;/A=)8B7C@CHBBA::5D:ABCA67:=G;D>99FE;;H?;:<;,E6C=;>2??CAC?@48<8A7+=L@G8@-IFC9=99896<9:>>BC5D;E?B>;>:CDD?9B;ADC0A:8>6>CBG4;B=C;A3:CF3ADAEIC9G5DAF8<@88C=GD7;IFB@@DAFB@6;G=9N!JG4@6AA>C;;A@E7BFJF@BKED?;1DC>=39FB;A7<>=E@=86:FAG=D?=D=8@C:;<8A=0=;?AFBEB2C=>A=A=<:B@H96E=@@:0@D@:9?A:D7B=G?C0@C;H6?>;;8BAG7C>==IB=DH?A2@<8;CK@BEE?F@A;:<>G0=<7DFC@>C>GLBBB@>><=?>E2:@A?=2KD:D@7>?HI4B9AA5858;F>B@DBBFBG?GEE?ECDACF8PE?<>?CE@HE>=9HI9CA0BK@@;E=)8M=?1=EJ=G@IF>>AKD65F9<<=D<=A>==>ACAEL.C5BBA>FA;BS;PF;AA:7I@D@EFD@>@?J?BCBH?@>AD@C9B>G8+DA8GJ@?@IAJCB@>EGIA=EHEADG:<8GE=@OJ@EFFDJH7E>:FH4M65JJKJ1JH=@98>>J0;D?B:@,=?<7=BEK>@E>@C&2??:DJM:B:=67?TA8IEAIGBKA5>>D81AAE9K8>5@EEF<<>E.?EDC?AI>I9Q7DC;E@@16FA@7EH@C@;;=<<7:=@?AJ:9;D@CB=?26>K>>BG<6DE1?<G6GKI:@>08.?@/@6A>5B9@D4F0:NGAD6?>@N?8?A?=;=C4@G=CA09@<;?3@BDG>?;9B:@83@2==ED?0AC?B:@GE95><7:?AHAB426765>:@;/D674D6B<42+?F<74F6CAC96MA00D812;;9.+<;8@;C:::=2<=:3?8:8G=D0;BHD:=2D@=9<&/:G@?5D?@:8A@DD?B:?;ACB>C=?==59?765DD??GB:>@B?78><>F>@?=7=7;:7;5L5EBF@#8==>:AA;C70B:D;?7%DA=:/=82ADB<56ACA;088A8;C:>65B28F;AE8>3AK@@BA81>/?D>@B=4=G=@-<69==;:4?F=9C@>@<>D9=9>AC<@DFED18:68@35;;18@>A=A=>:=:37'@>AA1;;>A7.;4J>4/<):897:?>-><:A3-CB=E7>=<3>.<4@89>=A<=???;D6AE6H6B=;C>6;E>CBC8BBC7;;;@C=B?A:;:>=DA<;>=>BE7@:C>A:C@BG5=@B<5D;BF:B?;;-D?>??H?J?6@<@@?C78@=7>?D@B==AG@9=@:>@A>H5B:@D8,>B>?BB?;D?;7ACIH7@BH:A?:?=9@>D>A:77N>F::@>DA6?/4:ALE@F?BA:C-=I>:B7@FF?A7BIA=DB;?@9@BEACA=M7@9G7?C+?3>C=A9:CA@B>?;AC@<>=DA<3@=:M81B569?G@>@?>7:=HDD>=D=A(;BA>@AD?>;>>D8A?GGFOB>ADB>?G=I=B9?DD@>;EHB5AD@9EF>D:ADCC;>=ABDGAA:C7CACNA@9CAC6>HC:=<;J>??;B>C5?C?626BE5F21?@9D5BA=3C8C:GED=FDP786DK=BIGAB-BAABC93C8FD8:=2:;B:73IB@?@CHKC64B7L?GI3=GG>D;E@@K=B#>E8A8CADK1JG;CFA?CFHG?E9CABEK>@9=CL=;?@AB8DL@D<<;C@>E:4>@8J6CFIEBAA?:@@7CDGD==>;=>GED<>;1?M>I5:6?A91D:G>?BD>7B>DL8;<9MG;5=5F@C=68>F&8BE?=5==7?AJBSHF>2DHG>F?K@CD=HIB8??A=J>+<8HE/J>?>:@;9S=3=A;?;?6'CDB26B/B4?3>B@G:8A:B4@LC8BBBABB5@:@=AE7E;:=49C01H)A'BDCGBB@H<9@>AA>01=1F=>E55;?=:J?=?=-=;;:4E@@=<@/C/3I:8<1@CE>F>DA1=1.:A5??=J;;2AHJ87D?H;C>D<5=HA>BE<CA7;F>A3@H8A0<=0A:ABEF93;:E>FC>C:<@HC@9=3?3B=A?D;F<::3B?:E9=@:?>9;DE?D@91.9@A564(;?:90@2CEA;>@A5>>455@@;:B3+@=>;:C6G819A37785:;RH37BAA11?42G=76:0@=AE5>B>;==9<=B96<8A.<>@?)A?::6A449C>K1>=>=>36<+EAC95>@AF1=/>>3=@?1;=B9+?D?8;=?5>H9=A7>>@5IC6C68:@A?>B@<96<;DB)F=;G8:G7>D1@94;A:6A;;EE:>=D1I=3;7@66B59?)?5F;D/>BA)B9/=69D,<6?=>6?4E4>=7=7;D:?D?51DA>?9D5@A19@?>(@:71=C8*BCBG/>>==7;CE9;:5G@D9=4;?AF>C:BA;A?A3<93EID9E<76=<;2E@DII2@B;9@@EFBEB88C/>:GD?CABB@<@8H>5G=C<>:=6>966FIE9A?EF@E/>C><<@==-888=B@<<<=FEGB6=D;@=B=@D8=C;25@F??-1B;DB:8=;=70DC476=@@04>:A3AH@ABD7AC7C;29?;A?ABA=AF9CGB4AC<7<9?:C9BB@AC=G:+?@>B>=?B0(C@8879+B;:>>C88E6=8=<,@@9DF6C@C9GAFB9;B<>H19F;7HD;99DK:AACCAA;EDBBB?CB<91D>G;>646I?;EBFE=FBI:=:IE@AAEDEC7:A?GH1968>F?LG@=@;C8=B>;86A@0A;G>A)HD53J;EKHDH<>7=78E;JEBB>90GCIDG@G?EUJC@B822HJB<9FJ=4DF<NLIEIGKMM7@9@=CC7AFDFDB;>D:EAKF@@=7@9<<>95E<8=F?@?<8@>I@=CNBA>FHAF>=K;N;D<89,F6HCDIK68EJJH@:25?>=:::GB>8J>BAIDC8?DADC4CEQ<;=B>>?B::=AB>A@<:B5B1:=:?IP>B>?F;>CDB<?==?BAF1@MIF8?1C??=5?.::BGE9>E:>=IHB>;=FGG6@>>K=8DBDE;F8F?4DB@C?@C??>J//C?@?:<7AE;C@>FCB==AD9D=,=6=66A9998<;:=50CA>3@?9;73>/A@<:D841==3E8A1/;:@>7;-@88GAE@?5?7=7AD@@GFCB>@CC89@<7@88>D.G?8K<==8CB<><<9A8J@@FG2:B-5D4?H=3H@8CA;B30;-9?:57C89EB4>@79A=F?:B'C6;6D86=BCB;A;7I99B:C0=C>4A?6>;/3FKB<7646;-9>87:>6/D,:43B56/?937==3C,>B?7;::6>@893?=7BBE1?C;41G6?0=>7<:;C50/:3393EC<@;?/?9?8A>C:F=A:.F6<31>:2A694:I8@:17:F9<::8;6593;,1A59B@@>71-:69<7<:9G<>;=:74>2A.?=6:6:;14?8(GD>>@78?D9AG9)8IA0=;@;>DBA8=G98JAAD;>?>9KBG8>@8??>?<:5F-06:E=:E=D4B;@748A7;>CA:DG=F>9F<@;><3D=?<9>-7C@748=AHD::9A<9>>86;7C8.7DA=B?D7A9B@DD=:<8;A@A:<9?<24@4;GHBB:=>@?;;E@:C??C<9E<:IA@3C8=5??>DDJ;39@?CF=3?>:D55<5=@A<1=BA36>H4@8@3C?4A?AC2:7;>=?CIHE<=G>@:;B;68>6=:C<6BF:AE475:=C8=;,99@@;8AC=4>D7-.<4CG>:78BE@=?=D>>8?B:C>@;56=B@>D:A6/B2IDB=;@==C:B6@:HA7HEG<9==45<>@>@D:@CH@IIMEDM@?9BH8GA5E<@DBDD>?A5EA>DHA=D;4I7=EDHJD?>E::?C5AI6B>DF2BCK>AA>>E;CDE=G?;AEA<;<<@F!EBFD?CE6I;7E6AGA??39>:@E7BE>CKID<>?===9<<6FRB?IB?BA96HG5A@DBAAMK=IFFCBG7M@8>>HKNALLI2F(99C6>:@8C?B8@><3<;:BB>H:::HCJFGH@?5>69;A:G<3=<4E;G.E9;?CED=>1?E0AG7><=EB:6H?E6JF9E*D?A8@E?@A>3@?6;A@DA;?9?>I>@A;;@K?C=;@D5@@>ECB6D7A@<7C;DHB5B7B@;A8,9;D>DCE9D7>HF<>AB;6?D>8D=?>B1A5?K?A<@>>>4D,<:K8;EB8-=6A?@=/C:+>C:<0A?@D@<;@F27;5=$A?A@7:>>5E><>>F=>=>?8*+=99/4B?7L,@7?C9?16;?7IAAH:/@1>K=>A?656@654@>4<=7.6J7>+36?==DFC;D396AAA6?8A@@?D7CD76.9G27;:C?>@;?<>89>3;>?:E:>>93@26?B8IG9/;AA,<=>BA@J=9:=62:-@D;;<=A4D:B7<=;;<>9@5<=<<@;C@C=B6=
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t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wdg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e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b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h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p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b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`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`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c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`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a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lƒ‡YKMB@@JGBJ8@IL>BPEDBGI>JTC@HCIH79@8B4B6QIGC@F?LF@@ES=EJFD?@MC>@MS=GAEF>8NKLCCFN@EQ7>KDH@>6=HGCHIB/CBE>3@A4EAC>A@E@E>??@C7G=7>F8CH;@RAHBB><-EGC=CDG=N=C=A<@<1BA9BD@B?<@@@6?CB;HDA=:>??H=AB6.E/1AH6;:>G=E32?07C=59I5KEABF=LGCA6:>>A@?@@O@@ICM87B?CC8FD=2/@D1J8FA>@JF1E>F78=?8?A<@D;CH<0F?96=13=;CB?AAD;525AA@BC;@>:2@>@;@A8B@<58=?<=GADB>65B=7A5?DB:?>8;97@>A<(>88AC4?=A>?9A:>?3?B=B?C:HO?7@=@@;?GB@7D0HAAA8D@9<=:B@A>8226?>BD>@9D5D39>>C=?B>;@6?FA4>ED5>;B=;C;=CGCAF?6;?6=?E>B6=>B=:D2H=BBF:>C;>@E=A9?4=?G<;>>7<;IB@DF1EE>AA=;@EF>A;EBK+>>B;E9?@EBEB?99CFB@.B?B4C;79?CAN:5I;8B??3A:9A@C0?;:D75F8A6>98?C;;D;<9C?@8@C=BBB8;8>8D>B@;D>7:8)4@@=;>7FAD5>7;:B7E7@>L8<@BD731@7HBD>7BAC@F=B9A4E6GED@E8:CA@@C@@E@:DGEF@FACF:==C7@BC@=F7>G>I2@=AEJF8>AGD:=3D8E97A=3CDB5C@6=>B1>@E?/E*C?I;=@>A8A>DB<:ED>;<=B@BB;9DA?CE3IDD=DB;AA?;@@J8<8FB>.==?D@1C=9BC>IE*AA@=?C7@J@9?E9@=AJG:DE?A?C@=>AA>C;;C??C?;AE<@@?:B@;I2>CE>?ECC?>@D><;A=>>9C=FBB@JFEIEG;EF::=AHFBJ>?8@@;CD=AAAFICA8HGOE@96F@8D=K6A7B>=D@0C4D@=@47AFBG9:GFACGAMAJGEC=,EBJHJAANFLTHKH=V‡~—i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{ª‚f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q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aIEQJDYFLBB>IAIGDIJGLGNMLJL:CMGJJIOMOHMAHLIK_ICJOEJBSLG;MEOHRE>AL;IANFNF@CJMLLLMB5?=9:=0>>>ELCN@@GNGNKFGPGEDQQGHFHHUCI:GNFQCIBDGJ=TJE:FH>C@SOLKMG/HHFD@+DVJ3L7=BOAUGFCA=7GBFQLLEBBIED?DD?E>ILGHDH4IG84AD?MA/DDE@B7CPIJE<5@>DF=K2280HE<54GCCAD/8;D5L:=:D86:A>>CBMA@?F9CA=66=9CBF?EGB@H'C:/;D7K<98BBMA<5@<2A;<@9A>8D;88@D8G;.9??A/3<<>>KA=56BG79F?;@B6E=@C;ACCF77@AB>GEG?C>?9B:>@BJABF;;EB9C@B8CE;>8F9CDEA9K=6DI?AA?BA?/DACGCGEK?>@A@5G9=6C@C>>88@AF@K=<0BA?<>AAI>9FGJB??80;A?E@>8.9A2BE@7.=L09D77C9D@DD9<=72<<:<@?9?=7BK<8;?6A>@B5@98M;98C0B@DHIAJ=@CC:E;G9:43BB:43M8<36<=>=8DC>@=:9D=H55GE<;>@@CF>@E@<@5B:9>?8=<:4F;9;BA>AD/:;/:2C A=3@:I>=>=7>@FBB@@FDHA:>>D3?><<>C9L6:;E:B>7L:0?>E=3C@;=>:G@+@B@H>@?GB@>:CE<=C5;.=AA>ABD==5@>A=@E6@5?=?B>C>F>?>A@>A8:@C:B4?C@=>BA9;=;C?>?>@C>?0AD4@==A2C?EAA:95?DA?B?AKB@I5C==CBC=)5<O=F6CBFBCD<8??C==@8B9=9;DCBAJ:DF<4=9@F<9DE?E:6GABDC?4A@;@D@@EN9D<=B4KE8D?5KAEDHD@AD9;>?@@FDEC@C@B>;6BI=84=B5AC9E=F?71@ADE:FG?=;@7F:==F>A=ADDGB7@DCCAL>@CBEAECAD9B;BE<>9<;@<8?@?DA=BFB:5@KBCC=>DCDHI?D9BC=;A7FGA@AJGC6D@?AMHFFE=?@H=CH??@B8;MEDL@AHECI=?JEBEBB=CH?2;C@G;?6E@D9BHBMD5D8:BGD?KLJ;4>HR?M@FIT:>H@RAGJDB9D?J,GBJ@JIC7;I>FG@IHFCEL>AHHFWEJI0E;>H=GMXLHFJQHBENFIA2:MDFGNRKA9=;D?KGQ6@DFFKIB;MHIOGFM\E7>-?CCC1AOCDLBHD@FHFPHB>K;6?LF=Q?DI9AHH8?3CGC@87C8A.AE8B4=B;5>G/&KC;G>C?7>@@13<@>58D:::A>@8?FBDCGKD:GG@=9<=E;?>=@7?H$5B6>B6=?>FC>97XK6CF8;5AC4C9K3GB@BB?7G>7>@B;6C>?@G7>>E;C7=??9:CG/;A?C9D899=D9ED>D=B9C7>@?B56A?54G?=CC<>AA@>7.:5;>6E?>D5#E<=CBB9328>?=@<5DDF>*H=>:?)?>GE7??G<<@@>?@3DG0@D=?B45(:CG=>?7.8B=CCAF4D6C87;EB91>E:@=D;=<;B7< A9-;/<'5?@830::7B>?;58A<=;?/D;?8/;?9>??67.@36>7D:>8=:>48C;I;@3A0=E?<@@B8=B>0:D:85=D:DD5598<7;<=1;>?==B:=):-IC0=5:>;@?9B8A4@7C;AB7EC662-;1:6A=:?9;A?@?AAGC>HBAE4DDB5EGC>C7;<>>6;C@D=C=@<@:<;6A?=C@@>E:=F*5A;E@@<3;?F;;G>==>;=D=>@F@<;C7H<=9@A?A?A4=H<<>?=5BACCG;G;;C7?AF@AF@?B:5=@:@7@AB:A<9;5EDIFC=DGCL@B:B;EDA@->AH7C:A:=BA:EA9CBA8F@?F=B>E?HA=:DF;ECA:A:E5G=>69>C:9C8<@>85D>E@>F:D>C>HD<@<@=B@78HA>I?B@6B=K>7BC;?G3>2D?D@=@HJGHD@B;8F>B78BB:G><>@H@7=EI@8>9@?GB7;E@JFLCEGFCG;6A<:AABD?AB9>I9C@G@ABA7@D7@;HA?@HAD45ABE9AF=JGM<4=BPQC>DKI?D7GDEF@@67=G>LC7EFADEDFQF:JB5EEMCDGJNCK=SKEACHGEENMIMJ`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a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g‹„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`OAK@SA>@NA=BRHJD=:HML:=FJ5B9CNCEBF6?8=H>DI=AIA4@HF=:KPAEA=:@AFCF:BL@KEMGA;97B><,A>>@CMG@9HM@ACFD@)H/<@NEHAB@>E7B>C??F35D1>;;D5A;>@7=.S;I@%1A324;C?62A@ARe§ÿÿÿÿ‰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²ÿÿÿÿÿÿü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„ÿÿ»k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b@E?B.9:8?H9HGJNR?FD;D@BABJ?CA:6B>ISJ?UFUICHLX=EG@GA@E?JZ>KU;CDJPAaRLDEMK@E:OPGPDTQCHIL@AN;DRPOLFNEMCE;KMSGGHC@MFSUADHHPVDRCOPH>G@A8HN@DP@I?B@K:OPCPN@>?B@IBHD;KL_C@KC9CFV8EKAB86>CJBFEC@<89K@>X6BJ<=CH?BDH@I=C:IJMAFF/9;?@HK@BDJ:9?1H05@;5E=4:AE:>>B>EA?=JL:#2F.46<:BF:;>=8E::IDB9HN@>=BOC=@::A7=E;<30>5:;,27C=8A?5C>;>0IEDbe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a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kLFLNBEB@EEBKMC?KMIAGCCMNDEBBKWSHCUKCFHXNGAQJ9CCBD?6;A;=G?4GHC?I>RI>DGUUFKJb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a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e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`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n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e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`Q;FNNGL:I?EU@FCE8QEAC=RBK?FDFNL@JFKR?GXDLDBHUG5FRACUKCFGHHNF:@<=DB5D@?);8;;OGBKKO?K@G>BCPH:FM>BN?O4=;B:ALFQID@A79GMMBSEHD4HB?]GM:FB?9MJAECOKMQFD@RT;L;BMON?HDDXL:XK?BO=B=9J:;MBVL?=IBB=@=`RM?7D9DK=@8?;=B>:?=QDHDEBCBDB7B9B>S=6A>;?>E-D5GG>@>798G9C>B19?OEQI/E>9D@G9=E<<.FDC6:>@C@>E<=>9DAB:I?>B>+?:B?:BBE38CB8=<474(@A*C=;C*E@>C8<>F<>@BA=47FI@?<46C?E2>1D8;8E5JG=96:@98=+-?/<=,9=5?C8O9=J4@F*9?B>E;CF>DE@>.?HI5<337C/8G;E9G;CI>>AB>C8DG=8B>;DD49-;7>BC6?@76;:G7E?ED8?:<>B;>>9DG:I8A;0;<>;=>E1.=9=:@>H;;C?=793?766.1@?<;F9@=?GB<7=@:@C@:7FG<4:==D:E:H5??6B9:==;@
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cGI@@@?@FIM?LJ??=J?FhIGD>H:>:AL0EK?BEUX;8DH@N?LDQH>HRLHH;BEIBEHCUMk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`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€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lVAJDBD<=>:`DC9QILIHBPB9FN@HBUTBFG@EO8KMH?LLZLBOGRJIMH]D=E>EDNGJGJFNCCBKLR]E`P;L:@KK@JHE:>?-C>:O4B;;GCTTAAN@=AIIOQCDRB?P=KBGJVS3GIAGCLLL=Q?HQS;@DAEFMK@F=3JKA8GAK?@CKRN<:D?:>@A9H7:/IYHD9CCID>42DDCB:IAJFA:98A8AD;DN;C?G:B.<=4@B>FJD6>AE>P1B0?A;;9D5;BA5D@=BKA?D7=@6FC4B4C6CGHH7BB1BJE065428G<2>=??+485:5DH@<3;6=D7<-=BIF?@DGG7FBCD15<=>2?B;@;>4E;DE=<=<2>E,&@<>7AADCAA:87A8D<.CDB??5?>C7>H3FHB>3=:>:9EBB8B5A@E@B09L?E3?@EBI:N2;9EAC@>=;IE77A<>@7;;D<:D;?:CDE95?ABB>9;@A@49;1?C@;;D;-;6>@8<-:5B7@?>@:=4<=A9C@5E@>?4@:;>>7?;=BB>6/FAC5A@F@GAAA=DBEC3A573A3CF@>9>A???88-AD;?7@;361?DA?BA::>A6B9C8/=@4D@C>9@;4:@=A??;>9B9A;CA@>=JAD==3@<:A@8=9;@BCB?1C=B2>8AO879E:4<;HG67C=4EE@A?@?>=H=?6J.B@H7?C;CBB@8AB77>C:FB@9C;6M>:DBIF?5@?C@E??D?BGFA:=I55D?E>6D=F@GA@>A:<9A>:A:4?5ABA@=>FA?CG??<3B>ADC:AGA=>4:K>@:>AF8E@FB?=BA?A@=>>;ABF?J@BB6:=J@D>66B:CLI@;@?DE39:@Q:=AKGBCBA:7D?EDB8A=9>>C:4H?DHB84CD=2:A@BE=<@>H9:>B?AF=?8IA<>@7G?B?FC==A@:F@8C=;AC>=<<>>@H:FA?E6;FHCH=9;JF4G?BC@BB9EAD95I=@C8@D9?>H3B7GBE@<.8?DAJLICBJEAE??DB>9EJCDJDF@BGH=@DJIFGA7DF:HICC>>CJKTE:GIABIID@_P>SELN;NEGJYOEJ7LBJMC?E@GGBAC@MDHSIMCL>>BMLE8@76>B8@Q8DE@?HN8B>FCGJMA8ALMAF>]B1OP?G=H?9BBF>ALQB?N9KZV@XGWGQ;L[J?M:KG@5FFIFK?BY;IJJKKAUU>/HHJF==8@BAEAK@EEJCDJ79@ACEPGJDI6/@ECOEDFAJF::@AGM@>=C2BBA8:G@>A>8FH:>?;5AL@=FD/=>FTKH?B?AFDD>4=<=RFD@:G>C963O6C>:7-/>5C???8A5FB@3@=855.:??@GFHDBKAC/DJ?E@<;;7AA=@9B@:FC5?68-E?6?=9-I4>A?E;A?>>D>F@:B6BIG3AB>C?;1JA:<=/>>=DG;=>;7?A>DDB@G2CB9;9<>BE=<7<-;7=>?CA:@6E:@KC>@>,G7:FA>A><5==@A8DI75@8=BC8?G@H=?A;C>8;B;8IH8=@E@?8A:=@>0DBIAF@C?I3C<9?8;FFB?@CD:DE;>B?H8=>9>:/<@7D?40.?CBF6;AF?AABF;C7@;B,@3=>;>>?@:I=C9??>=;>E>;B>EC2?<:?;<5=4>==A@G?E;DF<,>??=<@I:/C.B<=666?=BC9A>@8?DC:?A=H=I1D=>D>/BB4AAA=EFBAG?@DLG==C9HE:2BE9??<67=>9AEKB@F7@B=G=FDD;F>G<6D;7>?EHE?==FC<:;D;G@;;>A>7E?BF69B6?;E8BB<:=EE9:AB>D<>GFI<:4EI:A>A>??DBIB1A=A:A>E?2B>A>;>;=B9B6A>>:3:C<@I2EA8G5E6C>8GK3E=EB>D:BA=AA?=G99:FF7FH:311=@?8=>;;A>G;:A=AD;47<<@C?69@?EC4D@F=BA4B@8HD>><=4)8FC<>HD6??D47SEC/>HA8>=BE#I>89D;GFIAC?F7=?;@?C@@EJF9HB;==>@?4F5C@;F>?CFEC<:HE;A?FA.E@E>HDIE@BDIE?H7:>>GM=;AJGKEGFG8;H:HG=AA5NNHKGE??@@RGHHEGBJ>=NJPA>O=?BQ2=GCFCFJEGFDK:JGE=>G?=PNOFFE@PORH@UASTEC8;9GNNJP;HDCJ8=<GPEAFG?2JFHAGEIHJ:GWFOE==8e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kLHCOVH@JRNDIGI@CCT=NPH7?PNBe@@JNSRd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dB?@EL;ALNL;QJGC?v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d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i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c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c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ePRG:J?WQUW<65BIPKF9CCHDAJSVVRPHDDFBCA8AA@@AGDEOHID8D@8AD?9JBSC/CJQLJK7DOACKAB6BBGPGFD@;JEA>?;4=C2AB;MH9JQDDB8RCFDO>P6A?>PEEALDMBFD?KICKDIC9HKABF@0LFBB7ADA&C;D6>D@C4<07;QDHC)ENK?CI9AK;@4>5AC;7KC;@>BCB2IBA=80?BC;=N39<@JG<7C@CCECEA@AD:6=G=D>:U16D=DGB<6CFAE74@?JB@?@?/7BC<:DC85@?D2CCM>HD5A??B@>A9=D;>/E8:EEB@@;AB;6BG?:BL?BF@6A:@F=BEAE@>;?@@;B3?;3>?/BEI?@7)>?B>FDD;;9>=8AE@D?3/B6?5F5CB9EG>8@4;<@C?C>B@F<:C?D=5<>E@=6>7DD9C97I=:A?=7A):6>@<>569=:60G5@@79@J;51=::7824=>:;>=8E4;>G/<@@4ABBD=85?6J=BE:97;@?EDD:A<@?::8ABCED/>8;4-29??:?8=>>DDBB>D:B94D@;;;?>E@?;;:0@1D?E6:A3:A;=@85>;C2?=:?B?=8:E=-B7CB@99;:::@GF858:<@7@A78.7;G29;0E?><979@8AG=9/3092B4?BEA=?22<>;ID?=4:;8G=5:1B@E:A>BJ<;58=?7A=CF?D@,EB;:6=?G<==5A@:>;4CCB?B=6>FB BA9F;AFFC;1>@?GA7A?GB>DHCG88DA@H=::?ID2=7?:>D<C@D=B:AD:E;@A;>>BACC=@B5DBC9=?4D?=C<8>D>GD9BA?5@3B@I;A)@D7F@CE;8@39I9HFE6ABDFAF=3=2><:B4A@C?>0>>N+@DJ9B@8A?>@8EA@@EAD<==?=E?A<>?<<@ADHCACHGA>?L@=C?A;=DA6=BB?G@EEGJB5FF8>;B0@>A?=8I:@A?D5=F91?CJ;N@K1EK;>BHM;FEHG?IH8;KED?:IB9AGFJP>MXID;NLLCDN@I>CP;RRHLM@J]M@FXYL6RQTISBLE=NL9BDC>NT[L^M?SQHVNGB?>J9MMCF7TGJKWEZWNLI@?HVJH.:AD@BDC@ABB8>6HAGMD8FCG9?PHCD>DDDKBMRVPGG?6CB[RBBYEJ?@DBIUW?D<@C?CBE=E:DLPLMEFGDEKBBG9BF@3BCB>IC@CHSJD@GDD?D>DGA=@WFM;NADD@BID@C5>23AF;IJJQXLNIB?>@3F=>B=G?@.AB??7DDC;ADAC8+8BAKHC=GJ>CBHH;IBA=DBADA84@A=FJ0H:@<>D5=D:?DCF3CBH:EBF>9F78/C;?D=;F77:??D>C9=7A=;@AF<GA@>@@H&;5;F@>C;:A>@@@:CD4=7ACFBC8?6@D<<4C7=?EC@A;;H@9A/GF9@C??B@AA1?C;0E>>;>6=6B7:4?EKA:;4DA+B23>C>71DBB<858>=A76A7K5=>318:@?9JC0@A6>?%7>;=@?8:6B;5=>7E>?@4$;@7=B:5@>F::7@?>B?<@973D@4.?7B9@<9?=DC?3.:CA>?BAF9<:5=I/@;B<=74=@C?:>6<<<;5.;<@A44>?DAC@8A97?@1;@@7E9;=>=<::<:B?77B.==A;7F@>D=3=;7B>93589:=?839E5ACBBCFG<9;3FE;3BFA==;@FGAF?0@8>A=<<@0?==>?E?B?<;<>B@=>4@B=D=H?=?A;9EA1H::E16=>I;;=7:;FH;=@;7FB:;@H?:>:-7FD:@B:=9CC;;<@8G2ABCBD8::A1@AB8@?0C7:BA@;GAA>D57B67J=C>>;=CB?>4=D=:<<=:CBEB94EMAD<6@?E9A3;C>A>AG@6I:DL?A>=;DA=5@AA5>B9C8@2>D=A5I@9JD=DBE345;@E;1DB=88?C>1GD;=B=98>K?;8A>E?C3B8===B@?;@@=<63=@=<:@C@7?A>ICAB8F:C=@AH6?1HA@;H9?/D;GBBDQ=C<2LB;4DFB>>7@7=J=ECDCI>;@B<::=2A;A9IA8;AD>N?CF:F:C=177>D77?BACJ;1=D=9?7:;@@>6&D<@:FDA=4F<7J63?AD:;C?7>E<@FF7M=:?C9DFA2FHO<>EB:>B?C:E1ECR>BEKGD@==AHE?NN8BH1B7FGBCDHFAG?L6=C=D8??F;78C>CCCGCEHHEF?GLDL:5NFHCCC7;HNFXHFEJBJJ64EPA?GGMBAK`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gMR;HJQ>ZKHCGUAQ?@AR?IJGPCGKB=EL>E6D@DSV9GBHGDPFCB3@ACBABJE8IIJ=OCLEAL{Wvo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i6>;A)9>:IAA3?-@8O7=<@8DG?8HEICDTJA?B]Y?R85GGF>dPN:=>I@;P=HL>G4=R6MR?L=LA:EGCJB:FAQACFCB9>@CM;HHEJAA>D?B?KKMBAFKDK=JI?BEQY9B=BB=K@6KM>8>:EB=;8EAHAB?NDDA@A>M<2?HBDL?BGD5E6EG;3C1MBGB@EVÿÿÿÿÿŒ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`OJLGL5:EV?BPKHF4UWFPKDN>JEAEDED4QGGMGON7FI;GPUV@F@=@;A>@FH/HG>AFAgWJE=HN8FJF3F?@?CE<9BAEGJ>AJH>HCH;>B@BIHEAFILDA5/=MHF?I@AAJ]bÈÿÿÿÿÿÿ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`DEIBHOGMEB=ACBC=0:;=G3@VHH@EG=B3CB7FC;F@JQOGDCEKTOG2BL@LLT>KKB@HDKGGEHEMb7B8QBGJNSDD>K?45LFM>CC>BKJCHJGDEDHBE[MJCOWMCEN:6DLJBK;:=G\GD9I?EGHD:BFBGABC?E>=A<3:IG;C=LqÝÿÿÿÿÿÿSFG2>AHH?LA@GC>GHNCF=AF<9D:?A;92D07;B9EB7>A:CA7LB;GTD>:@>G>@;A:9HID4D75DG@;K:HFHDAGM9<5,<:AF5B@=@FAHFEE4;M*E8;A??LA.F>=,>2>D=@B@AF7?7B?77;=<;=1G4;>=5<<5J8@7??AB@EB9CC<87C?@6?:B6GB?2;;C)?;>D.=F.;=DG96@0B:?E;:1BA;;@A=F0DE@;9B;A3C=?=3D=E97=>6EG@DF><:4<><6B??:H?<;>:BFA??6JD;79C7@9EGE4K@DJA@9B<9:DB26DC=@=?@;?;C:=DB<>>E69;DE?5;4@6;?2;<:CE@.?9B==:>2/;8:4; L=<8=8<19:?5C<*,F6?==4D;<=6;@<:3=D;:'B;F@9<:?7>GDEBD>,C?.17E>BEE5@85999B;GA?=:8B786)?=D:JE,A<=BBF6?C<.5@@2;;>:A)?::94.=:??-9F;A=<6ACGB=EI5?==F>B=@><0:HE==C<>D7@DD>5@?=8>>>AD1DA3;9?IA8=DA45:B>><<5BB=C5:D@6;CD6;A6>?>@=EFCD9;>:CF/A?=@;F=@BCB8>CBJGB=6?;GA6@DD7AD=A:A6C?02AA@E;4<>8@?C8=/>ID2-?>7?CFGF;?4?AB=9B<6?H>L;6;@;D719ACJ9EE:F>90FA4E?4A:HB;;BE>E53FF/;;:E9B?B=C?H5CG9ICCBIFC;BEFI>@5IBFC>?F?0DF4=@LA>I==+@>G>@EFGLE:JLBAEGKCGFO>5;=G?EC?CDB@AAQG8@DGQERE=HI7EEH9S@L4@S@OE4>^RLM\?QFCCJKGFI>?I=BMRNCCMFFRE/E=E;=AQHFCOG=MLELVKHDXQRUO-DFFGG>>GBAHNPR?@FACD<7IG;IURDQC>76B==B4>;?8?EBI9DACI;AC@KL<FDB=EDLFO?3AD@@JI9?9DBMHODAHHO5EVIA0LWHOGFGDM;B8B?JC=?C8HC9Q>MD1?G>E=:F>H0DC2CMLHACFBGAC=Iÿÿÿÿÿ½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aBA=LkOD6DORQBIC\F>D@=@JL[BB6AIELHGIKFJDEUGJUG8FFTHGB;UFFB:7>IMQMF6HSEPFE:QC@IL3DCG;I>CG3>COHDFCGPE;@FJŠÿÿÿÿ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aII?AGP;DIDFKQZRFEBFOMMbTOCDFJD?9SJA?G@DSICGACEC?M>IOB>DJCAPIKGJE;EFFKGGD@CCH=I>;DHG?9F>BIIF6@C?HHC9?>=6EN·ýÿ¤c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e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eFHCE?M2>I;ML;CAKQEB;I>JKE9;G@?@L1=6=JBB>L6EAHK=IA:1-B-C/8/9.>A<6<@6FED74DA@E)?B;FM=>1@D1>B>B3ABAAJC@=2D=<@A@E>1D=EJ=BH4>=DM4;H6>D<<<@C@G@78;BC;?EJ41DG>@E?F>=?FC?@><9GB-C;B8@ACC@A;D@A5;@=7:>6:@<6@=09E9C;H5/;:::>>;>BACA7?;?@B@7=CA>==@9B><>?;G;@31=A2G69/E:5CB=E=:/=?67B;CF7DD/?49;>:?>9=H><>:>B?=II89=EC7/>4;8BA:<@56F?D@@CA=:@BD9D>4I@D?BA:8C;B;@?A:?::7/>6644=8<<;AC;C4=@FE=98=CA?:FC:B45AC5?@0>59B@=?328;:AC.B8=BC3?E7D:7<7?7EC9;?I=>97A=E?4.B3=D;;3>A;A>ACF=8=AB8E:'A29A:5G>7A;;?9JA=9EA?BB:C8AICB>ED<5BED<7<<7BB;6=@2G89387=;8:DG41=9H6;;A?>+3*<9A:?==DB?9<@ECGB===<6I:>>?@:@8J9B=>HCBDD=E<>7<7A4=D@G?D+?;4==><86D@DC8IB9EC:8HFBB=;IEDAIFBCD>;:F@?F=>CC:?7?<;AC;JB;DBAE;AC9<>=BE8E?CH@>IBA@:5;IBAB>A6>EAC;68B*9=BA>??B?46;;EHBA909CC8=>;A4@E?E@9DEEC91AA>BA>:D:C@A>>EFDF@>CH<@=3=<;A=2J=8FBEC65>;EEB<<:$;GC5H?C?8><@GD@97HE=?>@2AB?EHA?BLMCGC9@:@KF@E):AC>->3;46KEC4MBJKJCB9ABEBELAJ8EA?@Q?F91;EI>?J=CHKOICFKNGHBGAWK7XCKHOB@IH9AHINB:FLTBMHB?HLWT?PIU>6INDA>WFKXYE@GZOA6MM;CH=F=F9A9<9;9B3?B5/=><7F?7QO9E0GD?.;BF=?@E>4A;AL85AD8@EA?5@?.G6G78A=G>84FIGD@=>7?@6CL(C@4N62?6;>@IEA:FE0DBAB=?A;;D.FEBA55@B=74?A-@67FKL>D;@B>>;@>5>CE9CH7AE?CH6D89=48@J;9=?7?>C7797;=5=/?L??<7?@=C/CH>G=CA;4@BC1BAAB379;CFB;ECF?B;C,/?<-=D;A::>G?/@2;CKA8C?>:59AB>><<687>6:F9@@8??7=>499B:?CC@FB4@5BCCF=A9AF2I?@EC7+B>C?>C588;EA:>:<92G335A?>?DGA@1-D<78?A<4;G@2<88?8283>>=;AAH3;C><9;A;D8F@5@;E=C>B;=@=965;@<53<9A==;;<;3@LE:50?@B=A;><;7@=39>5B?>>D8A;2BG<=D9G@88?99;++A/:@4<9@=5H>6A7<==A@8=@6:@@J=>78F=DAIF;K:IFA;G?L7?CE97?D<@=:KE?BJC>EAG.CC?HE?+C78CB@7:L0>C?L>1?6B>3@<>=9>D@C>3@B;HD:CD:77D?9>>9CB2H2>?JA?@@CAF=;DA>>@E@=:A=G@EBE@CE25?/F5@A4>6BHHA>EC;-==B??:AC=8@D@%E@FAC?:02667CG:D6;84ACD=?LF,;A?D==0ACB8?DA363BF:A;;7@C?=?>HCDG=E<;479A27D<;G>A=?<0AD>B3CE>=B7C=J89FF;:JJ?@CBK??@D9A5=>9EDEFJB:LK@C@9DA?ED@KH=?=;MDBMF:GGB?CJ8H=JHKECA@L\:J>E1M=CD@:?I?DA;PEWHLOFJIFU9L9BZNJJ@TNHJF1@P\KLLD>=IQCR1IL@ULCCKMHCPHHTPDCB;PQNDP<>A5:9G:8CJKA@H=<@DI6>>265?@FEBC@BA4EL?<2DEGOFJRLLLGRPOCBAFEAIBHPD=,;PBK9OWE7=4G>EE>M=K=?@:@NLCBD[MA@DFAIHJ@4ARI3MRB8[GE?BSG:FMFD?NDGD5;CMA9SJG0C7>@?DGD>CB>?IGEIG5FE@=GI@-<8?7:A#I7D7=B@G831=8AB?:C?O8FAN>8F@BJB1>ADIBF<>8F=766>>NCD@?C>?@.JA<<@?DFC7E==A7?AD?>D869>B;@?9,CD9CA3E7I:>@@D@@5=78A>4I;@DB>>?B7?CK:/D9?0;B7>=?=;58B=:,>@2B9/E2CB*=<@F;=99=5C;;.BDD@A;CB@5@?=DDAB?==A=@?:@7=C4>;B?G@;9>FBA==B,7D2306G><:::;:F?CD.>DI?3E9=5FA@=(=6B@99<;B?>>@FF98F<418CA=K39CFF6>;>?4/@DA;8<;6D:;38:@F<:,:;DE5?898;=5@C@A?,>A4=@A682>5?@B'I@:;=@@8C:??64-,4=07@0F<8=;>8:@3786A6AE>:@>??@EG>>8F@:A>=9A1D@3A:B7@DA>>?78NJ?;?;7=?:2A@@FCA<7;>3:E?=8:(?6@?L05??JG?BE2;@9B7499DCDI=@9K3>3EF?DA@CC@==8<>@>?@HLE:@EC7B>C6AA6=CEBHD>974G?9A>BGE;BCI@/@C@GD:D@FI?=C9>>6AC?HGB7A:?@/9EC;<.F5??CAA.<;DFHA7@?;E60@6COB?8?6=C=>E9?K<2B?F@79A=C:887=G??9=>>.=7?7?A@?E6;HCGJ<2B;=D???=.9?B9>96=8>:DG;61H;@>BH2JBI>;C8C?A1AA7B;MBHB3B?>:B9DE=>8ABI>@8=E<2586G?4?><659AF7;=4ECA78>A=;6K7AID589AL;DF6=6AF;C=E/L7CG@AHC:8<<:IIA:<=9;F@C@D8EBIC@;C=FEDDJD>HH?OGBHD;<@CAEOVKHVJD[CDLMQHFHVPHHH=?VKWIBCBFIE@I.SFIKGWM9;XLNKGNJC:KGIN5DLEDJ-D@GD8?JD<;DF?8E5FAEDF??CA:>82<,4=@6;?@@;2?8PEL9D=CBG?E9E=.MB?MKDYC?@JPH?EEHHADJE9UIQMFD?LBLHAJ?=>OD8?O/KK?@9CCDBS8JCEHBGBDLCF?1HABG@KGAC9M?LFNG)HJRGHH=AALBF6>>?=1>=;>HO869E<4F;J:J3>8FGJ7E@AADDB=BED@>C<8B@CC@>H0EA6D?CBCHFC59ACDJ9B?GFHD<5A7FF9E@ECAC?9B<88@:K>@D@?7;K8/?.3/B8CE<@@F4BACAC2>@>D;>EK;8JJBDB>:>=7<@D=?F=?>:K?@B=5=;C5-A=55;=??CA>@PFG,@>=3A=6?<==E=5@::;D8CC6B998DAD@CDE8DA:@>BBC58;@?6:E?JIBDB9:>A;6?J@>'@@C1<8@5:DC7=G;>9?@;DD7@:D;8>7969F@:D5;:>A=<;H=@?26AE=BB:=DD?KF?AA6;>A/<=B?CC8CDGC=91@6:>:>>?7BB7;=M>:CC?5M@-9:6?>9GGC:C??D56=79=6>:<<1+5?F;6>@>69EB=AB?B:A@:8G?@;E;8;I:=6AD-::L>B6@;<;D9C77<>;D9==:LC@?>;>?75CD;?631@?;=C;-B??:<<<<8;AG?BO?A;<3@?8:E>;6:<1==9;B=DA1@BDE6?BB:A0C/A8@F-?>689>@DD8D;0.B@67G?@IAA0@86@=A>?==E?G5IDBA@:@@?A=A@?FGGD?EBGCC?9B:ACD3C@KBK>D?AE=BDCC:>>2??G6@KAB9>8A1BC<8B@GFAE@Q6A>?EI=>>8B;A<;B?4<=>5H<3@DFADC=;?4;<69D>C=?5E4@?CA=)@A?E0AA>FHBF:A:B;>A07?IC-C669=D@@BK0/;1C::=@:HC@CC=7G;@:3.AA:@;C?>DBED??DA:<@:=>D9?:;68@AB;)GE?@;@9AC=4D,;2>@@@F6ID891D.=FC@>@53;)A;>G:?B9JB?IH?5@ABA@B?7@AG@A@GE5BFCGMA=?8E:6J@;IDDBCEDCHF?AJCACLAI6AIDCH;:H@>PFJH@EK4;AEI@EMNLJE=DF@FE??HHMDMP=>BFSGJ;QXSIO@IF8@FFNECGPDAEIO:D86G<@@8D?=EJ?999>@DB1.BD@8=>>@=:F=>2JMHFGMFEC?ZLC>AALPEHGJ=CILW38LAAA<=P=R=QO5[IFZIEJDJ[HECRACR8=DWP<:=H<:=<;@;LANOO=@>RAN?G@2BOHAM2E?:F@PBDCKG48KB;=KALCG3>CMGG8?BHJ@J0;KK=@:>FD9#AEI3AM>?;7;AE;6;>7@4B;:EC?<4BD@@?=15C8FL=59:??:DB&@2;67J4@B->34>?@3>N?D>C?D>FJ5,RK;GB8=CL*NCFF=EG9>7FOEB6>;<=2C::@@BEC>7AE7<<>C8SBD=GB;;39<@CGAB=B=CCFF??EA;>/D6:B?DJ9;83?15IC<:?@IHDC4=9;:CCC<5A@:BA<;B3.;;-3B;3=C2@@D;<:2@A@?FBE1<9-C??B==7>@C?9C9=;>0B>09?62EP8C?-?@@BF3?4;53>?G?3E9>??>EA<=8C>A<:A@J4A=@;AF=G@6=EC8?=?BGCB:D:>4;?2@F37@CIADA9?C.>@DCBDG??:B;1@7?@:>?9>AC:B9D1?>>D?66;E?C>C@A)BF7:C1;08<;:B<(>3=F:9CBB9<>=;A=?<==A;6?:93;1D@8::A;C>=C3:@A>;54C6C@>D7H=4B;D8;?D@>20FB;3@C>83929?CB;C37DG1=83<=D;5ECC-;/?BE@D;D==>;EJCG=08;AAF;?;4B>D>8?9B>5=B:D??EF?@A>?:>K=99:,A@A5@BE;?BHDA<=E89B:=DH??9A@CIA429?7>5:D<:CDG8BA:<:C4??7<;DDAB0@C>AGJ68?A?D4@=@B??I:A98A(>=<:C:=>@/:<-BDA@HJ=E@?/@7M:B=G@A>9C?DFB4A;?E@H:<8A.DB@@B=6@-BGL@A>EDH=FAA:>>IBAII87A=F<;?H@FA?8EIFI@:B>=DH9J>ACAEADGGDF=>:E>IROBON>GECMEGEAE7=:KCGAKBLDG=EFGAJT9;NAGI0EKRCPJCDAQBCN@EINZJMJHKJT=49C688>@=C?QTDIEGDG;DLK8O8R@5LX@DW=BLHRWBFHRI?I=F?EGFUNNKJEKJLNC@71CGB5K=G@;C@AC?>?5JCG3=.37;91;;B?I=APF<BL5;G;+DC@:@=>A5>?=>E;BE=CJ+EH@:A==@BD=<26=-88=B0>8;@EE7B:B:=D;D6DAA>@I9?1>@@2B5H=B77DAIC>;ABB7F;@?>AG>:2==>C@=<,*A415?F7@@AF;8E@>=AA5D3FDDCI@E=9AI>6<=5<AA?E0FDD-L@G=;/=C.GC2D>8/>@=H==>;;A<9F3.B?:B>C;=BBG=+BDA:CA?@.=;@<=??C<9>9??D:D?D>@?=;>1E??:;7>?;B7A8B?6EKC7F6<=<<5M>=/AJ,4>J;4BA@:F71?@A<87;=87<>4<:E3B@5D<;@9E=B4J=AG-86@;:9;:A=9=@4AA=;F?C>;6ABA>:@B@A<=95=B::HAB@?>88C88<;9=A<>6:;;>=B>D>@7BECG2G-F?G3=:9=79DA:1,>AB;<@8.;:??@CC*/29:9E>B>:;4>;<64>@:?>E;9E9?E7D>7DB>:27E@:9AB@6<=H7<9B:1@FB6F=GH:CB=6;C>53I>9?CDG?HH===D<AA;>IBDDI>@>B?BI?>8G>.CFNMD9A->I@678>F49@G6@CB6:>D>9DA=7EEA>E@=GA>?;6:B;I>8=D9>7DC?CH?5=F868B8@7:;?D5>?A7<=7/G?:>>.;A?EL@D><396=C>0@<24A>=;BEB5?J:599B<9AE;?@8C7F84I6:=)A8;??C=<:D:E*C?:D:DJ9==?><8@;??C;->9?>G:=90EEDF=C658FI1A=@ABA@<7B==@7DCBA<><>B88B:?B7>=@J>CA@D@C;7C=B>LDDGG=LI8>CI5BIAC2G;E@DBHDCA9K7EGFP6BC5A>EUGRNEF@E@A7JDFCIGIC?HEFK>6@EG<88E=KO@J;@C>d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`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c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g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b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`N;93AHVJDCDADANJSJ:Q>CMA829Db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€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e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c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aKO>EB=>C?HELBSI=AHMNONBBGA6G?2KT@HB9D@@E?B@HHHISLGB6DGAFB5TFJOAKXHB@?G@HEGDKA=9B6AC@=0AEFRI=EFQNGFSAIJPJB:>@>GXDAGTB?57DILQF=AIGILB@5@KCPSB@?HA>L7B>G4DG8GAQDLF<1B;99M>ELAE5C?DB=?BD=H@=@@L;DHC=(HF;4=@A<=A=FFC?B8:@7EL;C>3=<=HD=A?@D?EBHD2L?I6E*A7>>?E-A@?G>J>H2@?@F4E<@7K2FJD??G?EEB79:=G9==CDID;D6?@>>FA=3@>2;GAH3@@<9A5?B;5CC5I@F7<@D7BC8EFC>;:FB;C3CA@=BB=78B@?BA@5;6A6E69DH4CC>BCF>H5>84>;CKA>?:>AG8D=69G7DB=5@=@=A?FC@BB?>B::>=<>:87B,:573C@<5BE>9C3;>B0B9AED77@?>B:2@:GC@<@=<>2BJEI:CEFIAA9E4=.BE=8@?G>H1AF<3DA8BBB?0>CA=DC67@=?@DF<=4?F@8C<69G#?6496A5>8G@;G<%ABC:B$;BBCA8>>CDA?ACA@BEG;?9C:=F8:>@@@C@B89@*6AGGF;>8?C2EC@C?=A?1HBCC=H>57?6C@F7A=D+/8@:6G:30/5>BAA6;GG:5;8C/54@<=>A57489@457D<=;=54C@<;A?<@5:DI?7=<11B>@=/7G:ADAD@47H>B==?C7<;DD;>4@AGAB@H>8C5>@<;?CBEH:H;G@E6G:3<<07D?=B@CE;AF<4G@NE:CD<FB8;?87G7?:;=C?:GD=93=B48A9>CJ<=>7;=?=AAG7C2?BG7;:5BG?-?5;DC3B?@8?9B@D<<8;>D0AGAE=3?>D3<@>=45=@F1<?7JBB==5=C?AJ?:B=D9C87?5A=FI>-AGDA58=8;?D3KFC4=<;@;7BD61>BE0;DH3?D?:CE=1C:DH8:D:74>?A?;@C?ACD7N;CHID=9;6G=5AGAHA7@J<=E:AB@E=CA=A??;=JAFD5?@BEEBLGA9EODIJH^NJ?PEJA0PERG>MRINH=R[L^9>HFA>2SE8P=H?AW>LGFBK9QAOFPMFMGNNELE=D-dJKWOLCJOE_GBH6>L`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dTEHTUUUXEKOEHCIEKHLIC5IFL^55@MEK;=VFM89`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aEA>>64FE>E?7FB;CE:@;4H6GDCC:<@BA5@@G6DDFA:7;5L@@C:6A5;;*DD976DD>3CHD>9=C>4B854@DNGB<8@FBG0@BF4;68DBA<@E=DEA=?E>B.6A5A<<7E=?GA@:99B>;?29@B346?CB@;C?E@;BF>CB3'.D/F:??@9F@>J?;:?0<9C18<<=>>1:B6@7889@8C9ECF54G>9A4EE8B>8/=E1=C?2B@CF3FD;=>>=?>>DECB?7#DF@2+;?:=5?8==?56BH@@=B??CI?8C8<-4;:79DCG?7A>C>?>57E45G9?27=8C6C;8;AHB8B4>5?9?A>:9I78@6?A=D:>D?4AC<;8=(=>B78+6757,445DG:79<8-=:3=9=A=D;=F7756/G>:*60@8?&=C:>5<59@@?B=>E=>D==:A<:8<;D1CD7<:A8?D>@C?DA?6GD>A9>>?A8@9E9;;?4F77;>A;7?@BIH>BL?@;;G1:@8I7AA3;6H@4:6@:<<<8E9;'5=B9=407;5E4C7H;B?C?7AC?;F:@8A;D<:9D>>@?AHB?8?B@?@9=0?@B25@8BBA1;<<;BA=3@;8A:697HC@?;AC8D?C/.;8<4M4:;?:;+CH9;=87C?G@?BD3A>IC?O@>>9?C<9FD1BJAB@L0:CB;BE@ANC9-;=;;GD@D@6CGB;BC7=C?;CEG9F724A>@9<5@4AAF?@9AB+?9I9?A;8.>@A=6;CHBDISDA1>9?CJ55>A6=;9>=2N785@=@9:>K;<@5@E8>BD-K@>=<>D@:E::><2=?B9;EEFF;38D-==KD7B6=FFJD<:IGE2Q>;:F7QG*>;:HG?B?CC@@QUELBIL?=CUF9SGGB>HKGE<,L??1JBD0BGFVD@BIL/AE=9C<>9HD5:;?@33K=J0@?CB<6FH53BHA@E?CD?;CA5>CCC:AEBDEL8;7HAA;C>G?C44<>89:K<>CMBC8?HA2BIDGC?7ANF5L>:=DH;IB5A3;EK<F?8CDKH>CE5;F>49;>36DE-AA;>?7DA=BA;KG>3AB0C95@;HD7DCDEGA<5>@A5BD@@=>EDFACB?E;8-*>D4@>09=94;@DE=>C=ADE;A9@CCGC54A<:H==B;>9>95F7F@@>7AA@DI@>E?:A?>BBCC9@?H3>G==14B>;9?>?@A<7B8NDD9:D?K=@E2M;C7@5AA@D;:D3;=;A85C:C=:8?PB?AEEAAE5GA==84>9BB?>C419:9<:6BA98B??C?<:@5B;2;A?=E<<=<:C;9@EAAHAJ?C>CBC?BF>A>CB>8@BHGA?7DD?C>>?DF>=64??>=H<9B:=BBGE=A>E?9>6CDF:AED>?:8E>AB:F?A8GE@A4=@D>@<@>;AE=@2?:8B=;?E>DA>?CI:,<@:@HB4=K<3CA?5HAA37@G=3;@>A=CDA2D7@=J<8GD;FC:<9:5CC8@9>H:12C?/H>?=7JH=HIE?6AE<5<@1D?HCD=FC;E7G;=K@7>98;A8A2D@>>J@@EF@:O@7E9GC?N.8D@@D=GD?@2AD7;D=A@AIFB?GFGDB;J:BJD=5BA7?::E?EI>EJLF9JCGA?AA<@JFEMHD@:J@M6DD=<79C?DDHF@=OMIFAEAK2LI5?P@GI@COCH?PHEG?LB@9EDFMPGFEF1?<:8IEACI0@IDHJKICG@;N71FR?MNH8DFKGJN>F@M?@MG>D8?JBHLJE?EW@H;?L?OG@>FMKLYKFJ?IJ?QAAAJ9EAN9BGFCSAGKMINE?LIHC=BC=:LFCA>H0C2:??2A@BF:HH(QM>@FCD>=9HGAA,==@9ABFC/:)5>;?7CA=BD>E@/BB4ADFBA8ABB==;=9>C0I>CAK;DB4@6@DDC::C48A@B:B??9@=@IA;J1B>C?@8C.C9?C>;?C3A66;:;F==?ACC>>6>?DH=>??A<;@A>?7@6'D6FECEEGAFBAK?@9>>C:=ACKL<GHC@+@?=F@/A:B98>C4?=>=;71BC?:<7HK:AB9E@ED@7B:==8BCD?BAHKB;>D;=F6A<CF5E4:58B<==>B@?D>8:<>><7;D9F>:<>=CB:095=:0?B,>A?C:??@2?;8F?HA@A8:@/?8BB<<:H0:F<EA@J;>=5D8><4>I>F1A;A==AD:78@<@=:=?E;>57>E;J/:BEBAJA7?7:D?99B>EC1>=1A>==C?>B83,F7E>277:;@8D9B@=:7HF/BC>GE@84MC@7BD>;=3:@GB@:;:A@E?@B6B0?9DB9;@H;AAD>?=;5AEB@4?9==3BD88?1-=F>:3@C09BC9C@B@..D;A759<@A;1=C?A??=F;D4C?5B9CBAF4H;>=EA=AA7=6>?DDIAB@8@6>?B@AC:>7BOBCBDF:?3CFC@?98=7B9DAA=@ABA9CFC>;A:DC;E@CC=;>?@:?====B<:7E7I1@@172>:BA:@BA5=44CAG;9HED7AC:91FC<93B>;:336>?>??A?5>=H7B8@8=D6:C:5?E>9LBL9@7D@2FC=JD6BEC24@FC:;?B?AA3;KA?H<@>AA)1>AG>CHAA9;=9C3LA<;2E>3>?-AGCCF>HAGC5?FH@9C:@5IE@6ADC3@BL:@7E:RBFDH8H?TI9?4;<-.3AB0C=;>?0C3?FH99@GKH>B>H;FGADGD9EDGH:AJA/M?BG?BIDB;DDDC<1=,B>3EB>?A8BNBGAG<8:H?F=F@G?LMC8MI>G27BL8=C@1A<9H@KMFJ?CHJHDCG=?CSJQD;JGD?KUJC?BACA4GKVQEADCMEFJM@HAIQQ9M=DJDF[@DIOAE@DMBGC@JLF>JPNEMEJGVJAI22C>9@IBQBEIOU;K:A?SHBN><0?=9F?LI>BP=N>SIHDHJLM@=H7IGEGI1HXOIG@KFKGXPCRIPEGBHOIJ?HG9HNC8:@DA-8CCA>CKX?OFQ;E=EBPAKYJBGE@7@JPDC5EGF:>57CB<=EL44BDIDDGC>=.2>1>C?4B8?7GD23?BF;<@C375=BD1C?<=2=3F=CML?216@1?;D?==?D@/=;B@=G+=>AB=;9I-BD624;F33AL@D>?A6=B53D6H68G;7H3D-28E9,B<9:J5E9AH>E@D?03B0DKG7><7?=BCCA.3?F>?;@9>H7G?AE>?2;BBBB@?F7?*D9:<>=A;?<>?B9C?8D?DD>6F6;9@@>G7=B;BAFB:H?F<<47>6:A=>@CB.BA7?;C>4;*;C=1=6<;:>BD8D?9774@>=%/FB>?AA>6?;.>4;2;.>A@<>;A;;?@3:C7A@:0=7E<@D24B7C7=3<1AGD>C/;/>E<@DCDDCE;;@1@FC>;I@>18>6;B@:8<6IG6>6D@ABB5HB1I?A?8DC6A<3<=@/;=@@AB:D?,>>B<>=B7A7C76>B?B=<=?73G.:=@7E8349A?<;9AE?B?=DG?B=27@>;B@6=ACA>@;1F?6D>@?=AD967J>C=:E08@;8F9=A05EDA=DCBB?=<89C9:,3:8>0@:,A?ECCG7F5C:=C=AP@J??=B3A>C@C=6N3@?DC:K7?96A;C6G5>E2:C;?AI:>D@B63:4?:BF98.?<5CDA:H*>=>>>?HB<6??A7CAA:8BD:C??68E?B<>ABE>=@F9>@<:E=8AAD@?6/CC<7D@?CC681=;;:8<@E:BAC?>:;7>.<>8IC9G;9>CDB:B@;B>=J@B@@<<9F@?A>?;<8A?8IDCHCA;DH*F16F<,:?CFA;=IBH=D>A80AE?@:;=D<@?HA:ECEDA44CBKDG@F?EGA=D?.D8@B8ECE?DC9=J;FBCQJKLEEIH?TMNDH@C?@CGF9FGD=JE:;GBD9H?DCB6:MALFFGHRHHEPJPPCAJOZTLJHJJEP=E?TVMCSLHM@?EHEUSPPJUNHHNDHKAWEMR=@MFFN=EDAF0>GVHEKJNJIHG?JCGEPM4BUVM@Ac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dOLLNXNMGHNOGBGORDAHAK9c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k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c@HEN:BKOD9E9F8J?:GGDDHC[ABG@M6C@E;I=IM@@ANK@?FD>98;R>;CH:=Dc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b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b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f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`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`,FNX?CE>A=A>AEF>AHOAJCJ=>B<>ZBMCE?HGB5NUOBA;EHC5QRAEBBB=CM8A?=@IEP4@@;?>EBHB8?IFEA;>J:HJ@DEDQG?BEID:H8<=6780=;?;>>ED>BDC=:>>=DCL@>>IEJ8DE@/E8:>7DLB;9>B:3@@?JF=C?6KJF6B;8CA6G;=?M@@DH;8IIB=;LBFBEB8B?CFE@=6?DEC?GK@>0BC@9<4;@E-F?>;>C;?=>CC=;87??F27?>I8@FE?DKCF.108JDC4ED@3;@>?@A/@43?><;E@O<>4:@GB=6;>CF9A:=::04839@E@2?@93F?7=EA2=@@9EAB?6>A48L>GAAD9>=:;?:1>5>CDG?IA;<2=8F7:>>B::9E8@9@<>66C@?0AD?2=AB7=DB?@>CC>;B48A>=C6H5C::G89=89F>188B?D9AD>:B?C<=.:;8:95=82;=9(6:7>A=B.>;>:><<@9'=58;B=?5>;A989F93@86;D983DD=7>:83C59DCB1=H6;B@==2@@=:7JH;72@@5><@:C>=C5>=@;>9@:<6@2@8>>F9EA?4;H@?;==:F<>D@A?4:2@@>19<<:A?A:07A56BE;=4+><=??:>:J958:C1D8:79>?A>>5?:;<24A;<87=??4;M7>@=;5:=AD7C);;A9:6H;:H9=B479A<9;9C66BHE>KCKA8Z@?:EABBA:@>A:6@?I7D.CC8:=9CA;C<GI79><:89@CA=@ABBA87>=8;:I@GB:G;>8E6A?>BICI=EGHFBBFE;HN<<>>FG?BC>;:A>7EKFADD6?>C>HF?>JI=>GB7?754@G9:?EECJNIAJ?D:L;>DGLO7H>BHNB>OYJHMHE;2ICRW<:6>ONLP8BEUPCCLLIFIKDEN?IOGCDDQFIL>@=?OC=HEHCKKA@?@M8DCa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jI:CX@LVK@BQC?DD?EIE:ELF8GOZDB?IN2OY8HGYAEHKJT@G>MJQTFMEFOBT@@LQB@ACN7AEH@K@@B>?@G@LD:CB@MAE=HFN>PB3EBCFCA;?65C;@DB>BB?C6BI5AFDB@ANGD8C>HE<(A8?4B=B:ADCL?=BEI=CBA,7HECD@47FE6?78I?AI<>RDB7BDCBD4D4??GG@=A8BCC==?@E7=?AJBABEDF8BCD?DHBNEB>FGB>E7E<:>ICCF>@<FAF?1D>CA3J7D4@?E6A32F:MA>CB@A0B?@8BA:?<9>=2B@G5?BG@E(95K?5:C26=4@J;8G:?B5?ADIG>C>F5B6B@3<>B;;9AD:9CD;HE@@@/B?<;1BE8<=A<2ADH@48=D6JA>EC9@A65>FC7;9@9A?H=7AB>65/:;2@26D;A@==78<6@8AC16@G;L3?7;A>B2=2B=9E>49#B>71@A8+737E;F7@;B27G79927;D6:;2:029?@?64B==B:?F+/2=:=8:>2/95?>@10;<4BF6:=A3FAF9<=B>A;;BC5?E?21=B9?8A8A@:@;?=5-=0CD5@=@9?=@>?E<9;7B?5.51<9?A?AD>>?8D:7E/8.79(=7A;2?@74>>@?D@@>DM=:+ABCF@8=>D?<=:=8G;;DC5DD8A<5B8@5E*@:D@&CDED<=?/9E<;2@AF655:A.9>9;8:7.61>A9D95N72=HE@?47A>,;<<<;@:A<-GE7A:918BD15@<>7?;?CB;=:3:B8C>>?D>>9@;HD/??CCA8A=B?:=@>::E@AD;F3$6>;C;D=5:53>C/>@=B?59CHE7?-B=<<>?9;F/2=;1@4CE>@2E?JEB8=85;==EG7,9GCC2BF>98A4C?8?@=:9@;AGGI@=J?:A>><8E69NIDB7A@A:;EG9>MG>D4@CCEA@JJG;>C8EK=@G9CCLECFJ9>-9DHKB>=F=BI?IFEISQPLELMATJF;E0NHDE?I77EEAV>@ML8XBHJL>>JSXGOOPCB5H=PDF0JJ=8B5A@>?:<8#DD=@4C=GC===@5C>.?=A?9PB9AEBB7D3HCGI>HO?BD=4;IC;BF:?E=AJB=CGBIB4A8==;;=FMC6=58>AHA;E@ANGH@A9MF@.J<=?C=K>>9AFE?C;A;EABAH78;3=4KHDCA.A68CFH?EAG=:AHA(@B;;AAH=9?FC?=7:F8F6A:==H?8C2D<=A07FB>@8DCC;@:6;?=EAA>2;?MABDBE5?=E=905J;C8?H@@?@@@D@?>:88D76NB1FHEB?9B>7;>>==G>?BC:?B?FC@;FDBDF72BE>C@DHC:8=B>13?BB=@:?<1@DA?7BEJ>A8@IEA@A?C=C8=>C;G<6@AD7?>A>7@968N;G8BA3E@>AD?FDCDDA:A6>==BM><9@@08A=>73C7AC@?;@;.C::<:<;B?4?:5>:79A82=@E53D@A@AEB;5A7E:D59:@=<=G=A@CD9GD9<>>C8G>D4<48;;C>;;@@:8D>88<8?4=5::A9;=I:=?0??28G9;?3>D8?09G<5GE,@::?FF:A/@3AK>;?=@>>;:,0B9CHC;:<7HF?43G8<;:EF:@3=@0;.%F?G?A7B+2>3E>:1=8?3:?76;:7:>A/<9?=896=?;6B7:B97>4B:;E3=>>D;B8>/=A?@>0?A;4FE:C2/8I8?DE?B;@D:;B@<5?;<@38@>AH3A>D:B54BBAE@9D?QC<9IBC7=3=:GEDA;E@A:5=>A?BHCD8B>7D4B1@=D8E?;>7BC<>B>38==@DA;:E2ABC@@<8D:(@AC@8JA?E3DGA<36;8?B=9;F9A9;;I=G4?A<>?GD@B::GA;5B@7ABGC78EFJ6>BDAK=;>B@C7B?BCAHBHQIIICA5;N?7>BFE=4GH@HDKG@GHG9G;D>DEC88?AOJK>EBI8@UIOLGHBHMJJ@DD:8>A9ILJHBRBLE6FAAC?@DE=W7HNQIC@FEG@=IJ?>:<@BKLEHA@KAJPE=TDG[FBG\UM@PFBB?BDSDTCDMPL%?PCMKHOB>PDJEOEBACKNF=DMK@>HP?B<@OJQE?GFKO@B>FCICCA>HIGGSL@7MMD@5KYLENAA?9BMCLB?BPTBG=J>O>ANB;I:A?TC@BB;BLGTS>HS7>APDV=@BLK@LO=9DC?CLC>A7?F@<7E9BCIBE3E;=7=C9B9BCDF9&IE9>E/=JC5EJD24A?@A7@EBE>CAHIHE:8BH7F7IDB2A99C4A?:D@H?JA>IKF9B@9BECCBEEE:ME>BF:CBCE9NA>6B>>9>BCJDCBB74FJFADF9;A?B5AB7=J2J:?CDA=>.?D???EIM?6/=?BBEB?9=F@>>DIAD?D;6>EF<1?E2JEAD=HCGBD@>?4EGA:?>@;@BCD8:=@?7;?A<@;B?D=AG:6C=AAAC=>6I9GB:=?@BA4HG=A;EA9:@>8A8@=BC;I>9CAI?:CBC>@9B<=;FG:CC?7BE/D88E>:35:FB;9BE8=@<=@>C7BCCD>;@EA>61?>?;=@DC:B7@;E;>CI8>E?>5>B5A7:B@4=?DD599DF9>D7<3A@@>@B0<>5AI?HDGD?>E>KBEA@3=@HCFA@:<=9B@?A9AC=BD;:@=:/7,:@BA187:>=9?>>FADJF;><35C596>BD64:8?;68G=AA<=;>8>27B:8:D9>=5745=F>1=8;:.@7A<>8.9;DFG9?;HA@8H?;>=EA?;=:D@9$=?<;2B?9;A=(?68@A=@HA?/=A;C&C=:@;@:??>9;=?@0;:=9A8<<<1;::;B;0?A;;92@@:?<0:@B;B85H09BD;C97A9><7<:9>K>:89<8:D5G4C?:C>D6.@+>AAD@;@=2,6>@3?9A7C<@?MB3C=8??7B?8=9:?9-A?3A>9:GAIDHE;?C=>D=5=>D9@EED?,6<@C797:?;<;C:@C=::ABFGBB2@?2>E@B?59>6=E<>57IDBEF@G81=A>C@E<=;ECE@A2KJ5J??D1GF<7K8D;=JYG<:DEJ=8FK@CINBFJAJIJJHEADGGJKEJGD@IHX@?HUR5A8BHPB>CCHE6K>U>I9BMXDGB9LDNNF81RSOFMP>OLKCKMC@FE?O-/IF>==H@CSED@@:GACB@:BC:DRCI@9O7>BJDABCB?7@BBG7=ND=EK:=OD=BAGD;?:AE>AND?EOC>H>IGF:>@?37D@:;B=@EEALGBF7HF=M?BS@ACFD;@@GCC:=4I<@GCC1M@5;GCKI>AC:29CIBEAFH6C=FIIA?J=@C<>K@GD5CDA@ABJGF:EDDFECB@@C;9CJ:D6?22D@8LJDF9@=G9:?C@D@8FF+?:ABB>BE7:F=>3><<7BAI?@FD4@>;GD3+=>BG61CACEBB;GD=>D@FKAM9@8CD9>=<9EC4FD;@ABEAE<>B8>A@G:A:6/=B=<:>43A=GC:A<>=C>FICC<@A9FD9@IIB?C48C=:1E4HFBCKDA=A>DG@?@D-E=:C7BC?4?<8=EC<@AF@378;B:B;H09AD@FF;A;D>=?:B?=EB=H:?>G=@=C;FDD@@?:6E>7=8?E&=C=CHC>8B,@9:=C;9A?EA4?>EB.8@6?EI:F94<>:;>5@LH38C?=9I?G@:8?<<6::=G/7CBG?I@C?<@?=99B:7=A>C5==C:KD9A=9=H;C@?BC<@B9@1KGA<3=D:9H99@5AH>D7H:DB?=*D>@6>A4F3IB9H9A(?86<59=BE@B?ECHDA4L?I??9;>5D6=-39?A4<:==1B@:,B3AEJ.<;DF8?B>B%8C@/>BH43;G<597?E=3>;BB4E<)E7?9=@/=?=IF4C4;@CAA59?C>7;B72@2=7CD4D??9B=9;@ABA593C=E8@ELIEF=5>=?FE>K96?M3:?BAB=E;4=AGK728>C<7?E?E;:?::EFF>:7HCC>I3BE9*>DD5F<>E6B.AD@A>16CC6?1CD;7BDE@=;=JQFFKFJ9D7M?MGK9;@6DF=;:GH-CFC6GFDIDB@B?D=7EIFKENMRC9=>IFJMHLN5NFDBML@YSEA;ACKGGJ>BH@WW<2BDQFGHHPLIBOCIRFQ@BI]EBLFE3EDFKQFDHCORRWDOHF1@CGJUBL?KGB)I7TMHEFH=6DA<79=DFPIEP@D7HHVO0==A>6GG@6EDEJ?LL?<8=3RL249AD=:;?I@C5C@<3L5D);9@BL:6IBH:@::>E?F><68<47=955?B/CA*BI?:A;A2;BA<-=ABJF:7HE@>C>37CB8G95C>F@96I>>>GB:?CB=A8C@CAGMEDAA9D=40CE7@H1B@BA7?8D@?HH>?F@:8DAKG?8A'7'1;A:HAC;2GBB<7AFCAF=D<.;*EBCD>C9@02;A@>@0DC@:CAG>G;B6>A=CE@I>ALBC>8K><=<6AA:6BM1?D=9;G?9B/8<9=8<-@<=B:H@467?8>9>>F5DD3=A<3/4D@CE>@88=D:?<@:F@AEB9DE@78;*F+>9@B;E>A<8><>@>?FG9E:4D:D2/:DD77A@E6?=@@A>6G@@H@@=GF?FE:<5;::E==BC=@6=D7?7XA5DB9=2?AA=6+@C=7;9;:EA7:A1@FDBA7883D7@<9;;A<77?9=6@:C@@?D@F>@7>7>9BE?>:>EF;DFF@C;)69CG>IFBA?=AC>D?BFAF:?@5@B8E?==DB@E>:9:A;A@A0=51:<:DGG>>8CCAAD??A=A>72I6>;:GAHLDL?5:E7>6EEA<;6>@@D794<@?EB1DLFCB@>3?6D=?85B9/7;>6C;;?E6<2@:AD(@79IFA@@:6F>7>2CAB<57037@:@<:FHD?@EIBG>6>?2FFM7A8=FM8A=H9=HE9F?@7E6B=DDD;B.CB@=::C;EDAAE?C=0EC><=1ME@G:D9?BAADCD/=:>:>DB?==9@B?L?>?>HDD<8ECF6CC0=CCB?NHAD=8=>7=A8:9GCC>:4BDBL?EF3I6IED-?=AGDH>@=9?C@5EBDL3CF<=FM>JMOG>JG=DPLQE+HB?PKBXDCLDE:LLEKDHX\XUYPG=H;>>0GCFA:GHQ6=A>BNND@HENA<9C)<@K?HFEHAJQN;8?AIA9N;B@AMGF<+A;PDO@5=B=@AGN<@C>AE?>B;6=C99<2I@I6BAJG;<<7F:5;?FFAE;?@?@=J?AFA>5AAC0I7;B;AI7>?>8<@A>>FDB?CFG0A@7=9=@AIL7LBEI8GBEA<91L?>0LCJ>HBDF7378C>>?@88/9B@AB0A4C>9E=/3?=;@44C>;9DDOA;5@?>><>9>@@B5C=:449A=?BBFAEC8;BB8E8AF@>B;?2GA.BGD3@G22B;C;8A>?CD9F<>3=H@6B3H>;/CAIF:D:5;@F>.=@@;H=GHDE98@@?B;=CA?><;AE?8>F>A;;7BFCA>?@B>AA38;A?;=:798;EG@?=>BA6-:9FBBF:AEDA3>DG;6=.:5C0FAC4@BAB<>A4<0@@699G=5?H+;B7?A@E56AD@7AB63D>>.C=FAA;?>H=;@:70I65GC/8;6;=?>P;@=A@@?8:@C?;7HDA@;BA@A;.C;G?HBE.<5:=>A54=B9?D?CD?;CAGEAC+E=CC=>:G>ED8;A<@=C>>C>=E?<>?7?D9B?7>AA==>;@DB<@FAHD?>IG>ADAFH>@@I@>;B@IDFIKGACBAJFE;AMFTPQ@EP:ERPIHMAGJXPRDBBCD>@IMRVNNLSK=HCRKEPKCDHGM;MGFKTANJMCMEVC>DGNVLE@EHKDO]BMCTRJHMI8IC6:FDKHTDNCPJ@L;BL^L;AAGDC6IMAB7DHDCFB?9DCGJC@CG63EB;AGSBN?:?BHJBA9MDFJAL=JM=5A29A1F@CH248IADHGB=JE/I1@?7>C?H3?BA=G);/=3:;:DC<8?CD@5H?@I@BDDPFDA=JHDH86AGED>>A?FA;<=I@?C?F?9BH:DD2G7GC0>?6EH?CC?@FC/B=E>A??BA??E7F@EA>?+>89D9FC><<;B>@9JAEC7A98FB>+>7BJ::?>=<8G;5A:4<9;B:>=3CG??BC>7BA4:BAAD:>;>4G65EECHBDG?==A??@D?3BA9;BADBGBAC=:9>=J@EDCB@;DE9>B@<:B<7?2HG094>=>A@B5=?8C8AI?B<7B==;A4D<8@=;D?F42B=@C9=ED>=L;=61<5=BG2>E0?<<8/A?>9;C@G46;F3>?=E@@9>CB;?1=+E;:E8B.D:6B9IA4846B=12F=C<;<6B7<>?C@8C.=;21?AA1:26:>@>56AG?;=8E4CB4GD;@>C=4=AI@:=:AFB@@E>?;>@CAA:38@E>?6>A?BEB?:C@BC>G.=;C>A69B@7A>@6=>@5?9A@;=989>;;7?BGA6@78D6<5N+@=@B?2=@>;@?@F>E=7@HC@;CDBK:;;=>6:4=@<=.93H@B5>:?C@?;BDC=;=HB88CE995>>H?<:7CA@9CCEDDBB3A::4EBCD::A@?5D38?<88CHAD?A=???=AFB;DA@:/@4HF<55JF?5@A84=@75DCE?B95E8A:C1?;:3ECF@57BC??:A9;CEA==;@E@E;EAA?9=CA>5DD=@9F@>CKB@;J5A6C3;G?49DA?D;4C:938@CCE>F?63B>7D=9?HLD??GDFDUDHHIDMQMTHDCIEPH9A1GLAIXJ:EP<:ANODNM9HVH4J@JR=FFFMDDBRSE@BNZK@CB>FCPIII4=@0?=A@VJBMKJ?=OBC\FE>?FJJMEBL[YDL>IGVDI;KHBDJ3OJTO7FFNLDLGBB:BJ1OHUK?=K3I=?8@AC48?>HIH=@I>EIE=D>EIBBBC?7A47ADCL=D9JM6>=D@DPG?MK2G@?CIC=?MG??D5:G@@A?BCL;CA5=3:A?>>H6<>?HI8=A=F?56B2=IHCBGIOC8DECDBE9:G;;0A:GJ887D<@:AG?>3C;ACBB>>BR8B==@KFCAC;E/B7>AKU>:H9I79DACM.DC>A:?G@0DD;CBF96AF:GH?=H?<=I7G2@:33CAC=AC?:>DCA06;G@:>F7H.=9HD:G<5DG<>6??34@:?>ECDBB??CBE4E:@?69?BFD<4G7G;@:2=5.EB>IDE@GD?=@?7F??GJAEHC;?;=D@95ED;DD@?;EE:>EBB2A@A;5>?83FD<+?-B1A<6E;@8=>FD1AACKC:C?A?H@@C>F8@58BB>::D=C=:8>7=:2>85G4=B/;@?DE<:=45D>)>;A?C>B:DA;@D<+JA68>H=:7<7C:978;;D/?A>E87;?=L=52D>?ABBFA7=7E=@@@??==$?<=<?*DGED5FA??DA9;DE?@E?F<7F:AD;@?EDC@@8;>AB9;@>6C?;B2BADD;:=6?9?GB=F@AC7ABE9BH6A<>:6ED94IGC@D?B9<@F,<@CA?<=A??834A=88ED;FFF:A587DK?@@=?6;?:>=D?@6><@:>:GCH@@3BEQR]D~¬x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h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{ž°Ïc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apsw~[>F7C49BAA8F-6C-@A98A9;F@;;<@8;678:?A,<=:EDQF>>=D=;=8E>?3=F?:@3GC@@=8??=FB>G;C>?C@5E:A>=><9:DE87E>B<@;:BC:=CE8C52S7FCB;>6>@:<@C9A:=>C9:@KAC=;@E8==IBE@AC@;@J:0FJ:O8KIHECH74I97IJ?D9?G?=DGOB3>BGMI/BIENIEIJDIFG?EBOVDJEJK=GCIOLPKLNQDGCKKKKJMXI:CDMGRBB`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kd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d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b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a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cEIGDFJ@N>DDHL8DDDPF:I[JIIOECOFG:@P@5HMRHD=B=GC4Z;KP&2IB4PM>O[P@LSVPh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m¶ÿÿÿßiWAACEBJEEQCMJ7MEA:@GC8K8?CDKKDG>C:??L=;BFBBXBC8K?=6?DAIF7M?GEHJPLKLD@EQMK:6@9GCDC>KRIIFKD:LFHK7@FM>B0D?;??OHNGKK;@=:@7DAA89BF:CH%99PPPDAMF8BQF>MLDBFb?GXJC4KKH*7?MSBEB:=88UCHHCD>MFSBIB@8DGDDB=:/@D:45DFH>MBHDCJFBA=9N<:=620AG?FBC@3DC>F=GB;DB@D:EC1@FE?FAGBC:HG@<:5:DB9C<>:@H@:HJ>=7>B8FVAC>76;=H?I=CA9CDMH=EE@QG:BCEBG;9AC@4D=AJFGLF?3H9?5>@CE>@6;7?:>CG9JF@B>B;CK07I/EDADD7IC:DC?BAFBC.C?73DCF8A9B@9>763BC@CFJ?4B6M/E@K(737;A@9@B6D?5:;>/F=A/AD6#F7@:B;?=1>=3CCF9/A?.F?0:BAB6;>/7H>B@?682@GCB6G2@<9>@B=,>=H@D67@D5:=<7@CB@>=<34;6<=AEA?><7;5:?=:@E<8?@DJ@8=@C@:>B:8F@=?G7=9<73@C6@D@KBC8:3C168<>HD8:5354D8=@A90?6=?><,?;E7B7@1A?46<;>*4GBFAAC9<@8B6ÿ=,?20=A8<-@6AC5?>@<;0E=2A@=?>49A9?D@;,@D4A:E9;9:B>@@A?:AAB;D>8=88?=8C7D8E@7F?:?48<;GD@FD?AC>>BBF1E4=>A;>??@>72<;E/?DJ=79A;?;;>F=E6<;5:*<@?B6@=HG;C:EFE95<7:AC?C@@B1A>C@;;B>CJB9=D@:F3=CDC<>7?B5AB@>A>592F9H9>=<<<==9BA9D:<<:;B?@::87=@=?B=B6CE?9BE97IB:98A636;GCC68D=5F9E7<>B?9>BB=6<8DEA:8?A9AAEGAA>@;BD*8.>DI?5<=6<>?B9?64=0?993A@B?:F>@=92==>>=?FC6C<=BD/>7BD;6CD<M=ACB@<@?GCE9@D=J<;?>==K?6;@E<>>@BC<9F=<@F:99D57AL=5B>@@BCBCCDC;;E?DDA@F;4HAL=D=ED7DHKSÿÿÿÿÿŽ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Œÿÿÿÿÿh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g¨ÿÿÿnKNGJC@?BC<@FHHDDD>?@BDFHLCHFAAHDLD8JF=GDHBH7DSHHBAK??DFCEGKG1FADJBI@EKUGF@K=>>E4EGEGFAFBQ>79EL?K@?E68ODAIYGDD>;97GA:>SEJKMFBIELHJHD5IBDEQAEAFOEH5EP9@:BIGVO;BA.I@ONBEMJB?PE:89@B9?BMPYC@DHRCF9@ACM=M?L=EF@?6QD>DN9QD>A:>>?MJ=>;=7:?258@M;-83:;/B;QB?B=879C?;EE:;@C?HF@@@E@DF@B1BAD:#B71<;G>4A?@=OB0?>FEQ9C;==*?<28F>>?G.A7@K;8?;>C;7D4G8>D9N?P3G@>>@BBDA?ABC?:>54=J<>;LNF<ID>EBI:?9;:?1ED3<;617MFJ>;3H=C5C?G=:5<@D:FCA25L8DE;GBGB,@EE@A=?G<<7A><13?:.BB;B@:AB=D9CB;6@?D@9?@+<=A<:312;3+>F9E=:<;<7+D$A,A2<9A942B8@@A;C?A97??C@BA?<=A>6EA;=9?A83C>3C@=D6>>9?=BBIC@>A?43AB?,?1B6=?@C@7A6BA5A@>3688==:C7@189B?972@95A@C@=>9AA=?;<=37BB@4C=9D8:A?;47:A7@@FD7<%C6/??A<@9A@D:?D@?49=8=3:9@7:;;;AE@5:CD<9@6<=@;B?=@?:;68<8BK@FF><>59B85=6:=:C:@B?:CF:3A4G:?/F5I8=8FCA@B:1=75D4;>?>E>@?5>A;B886G6;;=78CD>?@>:>>;>9F;4:FCGC7BA0?BCH@BG;>6.@A11A179>K:,B=D?D8>>F<=?-7@?FBA>53@0?B;7=M5@?;7?;>6H=FEC8B@@CG@@AF;E;7@;D?8A?K9C<8;?DC;=@9<:0C:5AC<>A;CFA?GE@GEI@AD@FE>E7AA>=J=7@?BA?BB29B@8.CG;C28=FD0GA@8@8=CAC?BB@@B:H?G=F<@6<@EGF=D9K>A?4A@?F<+=A7IB58586G5??B=@A?9<9D>B2FG;=AB?F;B<7=CJCF?=GG?8M8@DC5=@=BC<=8HAA@@3@=6<>=C:=HD8GAG5>;5=<=GCF>?E>C?97D/<6GJCDG=@D7;MGJ<;?>6A;7H;9><:E5K@JI=6FEEIH?B@F=??BB:=7>DJG>JA>O=?L@DIFE6>HG=;D79C1???L<=7;HF>@KBHHJE;I:B@>=E>GJF;KDHNVOL:BF>=QNIFHE>=G=AHH@9OC>R@HIKHHC?EB@JOG?E@E4IFIH;JF;>XMN8AGgG9LDDF@@NXH?CQ=40<,AIBC3?DD?9AA9?E@??1<8>A>@ABEKI>IJ;7?A5>ECL7@=3>BC+CC2N:@JK;NG6;>HBE8?BC6HB?5=9F<2EE4C@=6I5>?G@DBYD>;>G=??>H;@AD8EAJLC;<6@5:IB?:@;;;7FEJ@@6;7I==B;FI?:=LE@
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`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o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u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m=@AJFD>>A:?IG5HD9D=>;DH;==15@BA1AA:ICE>CD?AGF:ICCHBF;BF?DAD:CFJ:B>MIC;QD?J8>8TJNBCBDKP@OI<BDNIQEC>K=AHI>HI>=HC?AHKNJ>9?H?AEEe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`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i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d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p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c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jÚÿÿ“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„çÿÿÿÿ¯r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w:9::@L8F??=987E@7L@AF==?7C=7ADFAA:9KALD8E?H/@5=C7A58@9:;>G<@>A;-F=@:91FAF.C<>0C9=7ACGE391<:0?AB8AI@;A=;9B=9C?DA<2>D6@;D;@D3C;AA9?BK?:><2GC>::=BDCB>>5@B8>8C7K:BL@J>A@E>A>?AFFFCE=BGD?BC3;=H-@HK>;8=8FFC>=>K=DA=;<1J>>DECBP>HGFEC?C=9=E?@?B?FE;;GL;HHHJI;FEIL@F8E>6CBIEJPFCMSI?PEB8AF8G@O@:GD@;GLG@A?@CB0CEFBGD=6I>AKA4??CGF7J@EL>9KHND@:K?E5EEAC=BIEDIR@B>EBBIAI=?5>BC@<>1BCAA;ABD7=:>I3;@6BAJB0AI>N7B6;=?>$5C9.BEC;<3DD8DDF976A@A?CCBCDKJ0<9C><642CFA@:K?7I>>F=@>IA=A>HHI8:GBD>F9.?=6F@;C=.D7=@ICG98?B=2.=77FDFvÿÿÿÿÿÿÿp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‚ÿÿÿÿÿÿÿ¬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fÌÿÿÿÿ¦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b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gB?>9@7=0?EB=>-A@CBA5E9>BB:@?>?898=8AL;F7@C=@AICFIHL:2==?CC?@7;E5==D5AAC3ECF?==>@>AC6A;?==EGNOA:5AB@>8:??<C=98FCA@?6<;F;9;:BF>;>NC=@GJDHA6?@?G5@:?C?FG4C?,@NIA<45:KD@A5?JCD>:60<:>B18389?>;F+H91H@BDIIA5PKB<>/>>DD<=?>JDE;98D@<=@1C>>@CN@BB@982:@;@8@:;CEGA9K9H:FDC;>E:BB,CL7A@A5IL:@BCD7E>=KEGLOE7=?@EI3?;?GAIB*L:FFD>GE?C@5B?MF;?M>>;JFD=.F;A?E=MD5J==;?>@Q5BJ>EK79?HG8@>C>C?3@HCL-?<==>;:;D<6?@9;=A@>H;?F>;J@;10@NGB>6=C.8C;;9A5?3II8>?=>@>;:<N?BC<@:HIHN>>D:D/1BC.??87E=D68>@BG65?@9GE?@C2==A-05?6@?5=AGACID>=7@A:8<;>?7=BB>=C;CBD;AEB?;GG::@A?@7;D>A@A@G>@9E==F=H=26BJ=+;D4??9H>>AB=>?3?<=B9?:?;GD8DE92:D=??7@BGA?D:8A69:5@=B:99CA?A;4=5E4<;AI9CGCHBD9/F4@C<<>:B>@B>?@CG2<:5;6397ACIB=A33A8=:6846;@?C:DAD;;>>:C>?>AJ?:=?A>?GB@?BH;@F?@8<@B?ECDA>O=7=?<:DEE=B08;JA=9ADA;6?EA@1D;AF2/;5?=<:4A<>ABD>D88;=DBCD<8=C3>=ECA@:>C:D:;:<@*2>762;49<4>9E?>>?>99;B>ADA;8@8A66>4B<1;C@<=>ED>>A1E/;E?EB>@8>>>2"D;8>;@<7>:3<@=<>EB(E=9;1=B5?<77@==?9B@>@@38?AA*8==@.>93A:?:7D8?>A2@=@C5??99.0FEA:6?=5=2J=.@=6AA;->?CCD@@>4ACEJ@;D>@D>==868=7C?B71E6?A749ADD=EB8;@A$>6E>@@ED>.B>77:3368C8=:<;>>D=-;-3;B:4@>C?HC=:?9'1CE?9>A79>>G=58BG>9:F4:8D;:<<@D@B=EB98DA@@?F>B>E;?EG5D;=><)?6@EEA9<>A;KK\H:7A=I7;@01>@:B0784:8,:;92;CB;:;9:4=ADD4@EDB@DG.G:?C@PMEM@>3?CACAD>?8@A?A5>E9@6G=>;E9?E@GB;?CBB@7ADG9E?C@D9:&C@+HJ@<9>2@C>@4:@L8>EA?(@F>A:1=5E;C@F;96BHC=DBD>99C;E@5D=C?@F>8?HL?9D?K7>GF@ADE7AAB9:A@;G:GB?CDDBA=>>CG=AAAH>D6?=NDR@7B@H8DGD@D@;A;@?BMFOAMKLF>?GBC:?IC==DGCC;:IG=5H@PAB>?C;?MB?C9NA=>B986;J@;Ta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
B=@@?A:ICAAAAFE=C7B7@AAAA=IC/@=B@9=@=B7@@=D=,@@E;3?0867@A5=>D:,?F806@@E-8=9=;D5:=C>B%E7@85:3>93>;.ACEC@C8)D9/EA@:E@8C79A3?139;A:5,CE<;537?.=J13>::?;;BF:3877AF8=1FB?B8>437G;CA7::@A<1AB>C?AAD>:AB;89ADFP=?BFB7C?8;DAD@TPWw|Ž i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hxƒ|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~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d^_Y7B86A??<;?B?B/?AF1AAB=B;?C;;CE?:AC;.?,B2=BCCFD3D=5<=>D=>9C?;H3G@E5H:CIC@@FD;4>8;B>@DB=;DEED8D7GC>B;9>DBDF>A=F73FEC7@N8<2>4?E@A"B6DFJ:C;FCDBBB@@B9C9C=@>JC6>@JCCAB@F<2@C?CG@D<>3I@/;@@KC?K=?GRA@DD;HCFAAA=C:I?6KAE:CA6J?A>D>ICCBBBENB>G@O:B7AGHBCB7>FCD8DFG<=@;AB6?H=C@CA?B:G6;<6FADE=LG597FE>?G:;G9710@?47?A:BKE>B6DAC?C>=;EA43CD9B@245F:=LE4@=0BM966@?@;:>=;BA6@3A2;7G@;HC=?:??/BIH>H=AD9@78=8@2A?@?BHCB>ED3@@7=NOEFCB:D??8LDD5B@?IBA>?5C:E<=49B<@B8;@>>?C7<>:B>B?CH=@>85=B;EGD=2>F8B?;?6>F:EB@E>88DC>:85=BCEJ@C?>7->@AA?94?0AB:@9C@C9@:7=@9>G9>@6=7@5@BD5<.>;C9G?=DCC@DA<9F@?F:@8<==A;:*AE>29@@DA4E9A9<8=<4D><=<9C:B:6DF?>;A>1C=A9>B=?=C7?4:;?;?G?8@@<7?=3A=;-?E>D1:A781A;:9>;-E?DB7<=?G:?AC5=5B@A:;<;>=3DG8@;B:2:85J<3=3:1:B9:>;?>291=1>:82>F9A?=:?281BB;:90992A8@:7@:30=A@@790,??<7?;><6B=:.C<=?>?>>B0A85>B=4:@C<=D69@;7B:@?B@:AB?9C:8;6HBE<=4;C9?8?>?>B@F<@=>@1?:9-6?@;5B4E9<2>A:@56=7<=BF?CB4;;A>2>CA=4?=?05E;3A'74A.:>G2;4E:4BDAFDA:?AA<;35;7<@=8?DAAF?@>G9AB;==3=?8><@858<3;<==:3;(;GB<.9:0AC;??EHe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d@978AC?=4A2=HE;B>;AD;5<;4AB;1=ICAJF9/;DAD;@5=>97E3BC@M=AB:$?F8FCE=@G6H8B94A8B5;EA1?1A>CFF5H6DC=AH2@IFC22?ECDI9;;KEA>A9571A9/9;B?DB?A???=?F<=AA.@E@=>AB@AD@6A4<=<889?C9<5?;@C=?C7E@@B;;E<>E@@=A6;EA7C:AD=?0@;>09:<9B>9G27934@;A:E>E;@9@==AA>B7@=@;9=5C>>=?ABC?=><=?/9@@EFA3:C/AEE9@7D?;DA>ADA:=;E?J>=<-=;;>>>C??5/>@F8;0:K@?C?=@;=DH=<7->799?8>;5@2C3;;?>B<9;8=?@F/<9B6B<=B>7>@:?B=?B>?>E@E9894@F74@>9?226;?F:6A.8D9-2/:A17958$B:FCA8??===A4I5D7>8:?C4<,@"=96:;1-AB?39K7:F>@<>B?7E@BCG63=>K@=;>8@+@CEDBG;;B5@?@E@AIGD@@9C4?;=@;FF=<=A1@'K=:?;G>;FDD9@F9;HC=A>=;D5G:@A?:C:@<73D7@>>D?HB;?;893B899A9=86,A=?6>;?F?4<;:C>*C>-@B8:9=EAC?>=4G=.<<9G6;4=<99=3==9(>B?9B8>8@D63:5?=>?A-@>7N?87??>&C6;B3@9CG:>?;=3>9=:E1.;9.B?A<<=@C-7>?6>'9@E(DA>:F6973A8:6B4826??68L?;929DA=/H=A?D1KJ6C2MBE35A8I?;B?,B@4>;D;;EB=B@B9:A=BF@86D=A=DDB>FI>:CAF7JC<9E=:EDC:44C@0?4A??=>4F;/:;>=5AG(<;>;:DF@BA9F=C<=09?8CEH742:L88/98N@A7FB>5:H5E-?:@E59CB1@ACEH>DCABE?-@4/DGGFE=CAAC<@B=;6@>>A;D@N;IHD4IB@<@73GB;FD*7AEU>?D?AC9@<9=BBEC7CE@E7CK=:I>@AFIAFARK"?7K@CC=?@@F->>>F=>D;D;G38<@AB;F;F?;K1I=HA?9>=:;FH9C)H?:A,7;@J?F+;>A>9@96D@G:=@6;9J?AA7?-;D:6C;@>/IAB?=92BB<>:??>3<;6LA8A??E8;A?F@<591=;F:=184?+?4B58D?65H;6D6@EEFACAD5CI?@7BP=5E7DC>9C2=:D8)>)A?DA;>;66B@<=4CF=E?>A>>AJ?>H8F0F/?AC>E>B9GG;<@:B>>E5+:GC?20FD5E>33B>:?<6E<@?=3A?,@E6@D??C9AB:839DG?>BH9A=94G:3BJ=9/>A=>:?;9=>C<9C:AAB:7:H==?CBC>?=8C@>?2D?1>:K<::AB=AH7>98@:EHCCC?2=B;68?C=@?@6@C=-5A===7:B8ED0@4=>I@@A9FEC>?C@/4B.>6831><3C<8>?:49;?=7==>::49AB;6FA<:4=?2@>:;FBA==3A>;E?7620D?=.7@8><:>9667>5?C>843B2C<>;A?>M65?>5EBA@@6:A=CDBB:<;6FC@K-@AC9?9??=3F77J7>A:A7I8B0@BD8:=?7995ADD=@E>H;5@8;5>9<;:8=B@@?@B:;J=:<7;?1>?=>4<@G57:+F;:+=7>47@=@-,?9D;E)DH9B=<8;<:@G:?7;H88;?>B@-?79>5@:;>>7:2C?9?@<<>:;;6@:558?>/2@>=77@9:><>9<.AC9E79:2=5CA5?:984:8>24C>?<>C9;:;<:<;D=@:E2:B6?:-3C9GD4<;;>?/??7@404-A??<;= A-5540:D9;;+5I==?>@<6;9=;?5:@8A?EJFB8D62=:<979JG=9=8M7>3=>BGHF=1C7@<4:8H4>1F>2@C>@4=D?6DAD9;9HDJG3IH9C44>J9F;D=>3HGA=@76=0CG?@B1AB5=BF7=:;;0G)807BHK.;;C;:6439G8G/-=;>?9-;9=A>=>ABCBA2H?CCL23CIC=>DD=6?:C?CC>:3<9:?.9>OJDC@;>G>I>>B=DE>3KD:D89F8IBJD;=L?G?9=J97D>>=A>C8??J?A@@D22ADL8>AA=77=8DK0QGF:<6@2B5<;B39>B.<=><8:7??.=4A=AB@J8JG;=@>0BB5@?B;?;81A5C@>N=BA?=A5M@4=EO6GP4GA;<@=AC<.0?:<>?<=6@@HB@5CA@@*?D:-@AF?8CB0B=@CBBA;<><7><7=5M7?=@@:95:M><;<@P7CADF5K?4@C95D7GAD?>DDRC=5@C62?;C=5<>A7F3/<>;H9N:>D1==BC?E9=@>8D39::=GF<D=ABL@DDAJ,F@8;456A:?DD?GDAA1AA)B3<@:C=3?=1B>?=?>?8C@3=4526CGB:3AIFJ>=J>99,D;=B@DD?+D=@>@?>=A93?CE?:;C2@=A98A?C79F96==>?6>@A78@;AD9CDH>9:<:@@38A<8=><=??97I:9D4G;FG=:4F9C=-?@>;;5>>>D??I?49?A>=E6:7D)B:5B9F=9?=B=G?A?B@-=C5=:78??F==;C;D4I6=@=99?>E=D9G>E<7=BD=;@>8:DD=D;A;7;D4?@J>7DB1<=:=9<8>4:;A7;3E16/=9;F<8=97CE@?<8H8<:@;9I??A>:?E;C;B57=HBA<<@<>8@>?@A>C1@BD>>DC;5@=G?@<@7:@0:7CD>FFCH<@:>CA.E<6:,;2<57=18F=@9.9A@@?+=9BD<>8GA83>5B9@AA(CB1A=?2:7:@D8=::;>@?84C><=;<=9?@8-B?:BC@>8CA@CF4A<>;>2(E>>6::AC4>>8=E$<4404=;7@&?>/A=>>BDG8AC?@632@>D4@>,;757FGE96:6B888B46?08@?C27?;AD>>6;;>CC16?;>;E7E7@@?B>@138C?67A>:6:09;6:D@=@DB?ACB;:FBDC=<398>CA?F@8>?/E<<@5C<977AG=CB<8?C=;LAF=K@<>>:9;@E@18?<;8H9@EF@8A>4?9>99>=D9>G4H?>3>I8IG=?@A=G7@=@G7=D?>FL9;C?D8I6A;GD@EM=9EA@>=>F:@@?>BI??;O=?CIA?BF=ABFE>EFLA7C9K9Q=/44IG;FDD???:B?7@<<@@E<;DHHUB>B@@=;?@9CFF=@?AB3<<8E?J628A;64B=ADB6CE.=ABA??MF8E@H?G@?F6:@GB6F;:C*>=:D?D=KCGFA3BC>E8?@B=?7E:<652A63(A;7A6;E=E@L:@:28F>E3->E:?B@>G?9@H=PA?@D<::91+=G-;?57DC@DKBB>;<<<:/:.?==@EF@5BBB@<3JD?B4E*<::H<6???<9=@>BAC;E66C:=BC;,E<@;:=>>BC2C==B:=CC;BB;<=A;C2>A=FDA?D5E?;>2:BBG6DF?B<6A@GA877A;>7A:A4@?5983?H>@D?6C@A@8BDA72F@H59>>J9I;3@<@@A:>DC?>=4CE;8=I=>=>GGC;=;=@D?:A>>>,;:AE=:@;EA:@>C@;DK=@I=G3A;8BF@>486@7A:B:32;C4ACBDA@A=D3B;BB2H79DD0699A1A>C:?D38:AB?@>6A6FBC=9:76?>9FC6;:7G>;=?0=A@:,=B9?0>>:;;?<<2;=A?3?;DA8=*75:BG15CH;94>;=>;:=60?-><9E?AI?@866@=?<39@GG>;9C7:9H?<7=>B>878@3DKA9C<@:H=DB@=C:=;?=9H9B@?>9>==CB8BAF@>;A<>2>>DDAF;GHA7A?EAB=A>AI?<7D(896FC<>C7=@;:=B>32;8;B.874A9:JD8D16;=CA<9;5399;9E@B>C97G6/>A4B:<:3GD;BC?E4;M>J1?<>=D5;:C2E<>(@G@<<;6@8=?@1CC:?CB:>69<33FBC@==9F/:G@.F:?=8E>;28I8A17EA;>;1C:E:9F9:?-A:A?;=;AA;96ACJA;G:Q?A9@@?E@?<>D;AA@JG)@2=FA>@;,AC>=<>;?85-C;679BI:>>>=/?>@>>H6=52FB;7@F?95@B;GDA8FFD7>D=@B2A;><9GC66@9@2=<:FED>>C?@D842=8C;6:C<0I=33JA@-/>;>?BH;B:;AAF>1?7<>ADE@6>G>?AAIBBE;<<@@HADH>?H=2=<>>78=EF;HCGD@?>:B):C>F89G;=6EA;NE56I??:?7:CDBECG@?E;N:I==C?@>O?=FCDE@EG?H=CC:>>DEBICAA:I::>@?=<1:E=D@9FB?BEC@;???:B;J=C;6D<@KGBE??==>HHC=CFJI:;8;AO?:AA88A=>DABFQC?C9AB;>GDE;HCEE:7<6?KADF6;;5D@HGC>DBG<;G;@C2>?E=@B@@B96HQ@D@?A;.AA@:A8DM:@E@A>=4?=85A>>8CE;>E=3=9@<>A>>:CB9B8A:DA=>7A9BBP@B@5IFBCHC9K9@;D:B;304@57A?A?4EIE/I>>D?DDF;7;?8A8C=E9?+CE4A9@<=:DCGBB1E0;2:A8?CA>AB?2E/8D@?@5:AF2F;;AEH>G6:99?>DDA9=@;=A9;ADFE?E?=A3/E<@DC??@9<-2?>DBC=?BBA139@@B:9D9CC;F@CCBAE92;DA=>A:@D;M?5FA;;7<9?E=@:?=J88D>EA;JDD>=H=?G>F@9<3F-;773CD>?AB;E<;<<@>=??7@B99D>>A44?=;B>>:>9>8CACB6<6?@<4A<9<<:A;BM9=-A?5=>:B85;;3:2?,=<7<>F:?9=49B=?6;;:>@67<6D=78A?9;=9604H9>;B882>3>;HAAB=A;E862>2@?D?(@4C=43C6C=C57B=4:>A?LC5F:=>DA><@=?D?;A5<9C5=@A?@A@1C<@C9<=?EHB3AD?>3D564>;<>D7B/AF=F5@:CB4AB*=:DC8;A74A>=AB5//B?>?<>;@K;0)8=@:<<<;?7E8B?;<;9?C711??12;3;@<@CBC/-<*.8=:?+:B;@8;9>=,?:@=-9C@8:@?@A>/>FCE96B;;@4CD99M?;59;:6D1>@=FBC24=??C>&?@1>8;*5HD6?@:4C@-?A96@BC86;9>=DAE4=?>;@+08:B9:=B:D>F9A?<2M?A;6B@?;<4=AH<6D/Q<;>/:2BBJ@B>F>3==?D)>?C8F=B7IA>0FCDFA9A<>C/><5>E6B;EG@CBI:H61:E=9C>;;FCB=@9<=D9>89B7B<8;DF9::LF:(O6(D>HG<7;8JC@6>=9=?@D=C.>:<0<2:AA?;79778C?;5@=:;>L>D=FB0A6A+PM@<<;CBBE-CH9C9AOLAF79?R=C<9=B;5F;6H=@:7>EDIHNECEH:?<9D1DI5=AFB>F98GG?<@@==;=AD@G>9CABC<5?BFA3E@4O;=0CGE>@;B;A:A?CCCCF;BBJBB;>0ABDBD<>=BAJ=EDAA1:B8JFB;?2=A7C>FI@<=F?B>?.B687B:D;E@AC8;A2:@EDGC>GEI8C@GBE3<9@AG:==?DA=B>?1C=F:9:E9>3D?B=;??HCB68C?G<9BE5B<@6E3?58:BAFB<0?CC<3ABAA6?;6@6/<5>BA/,H.C?:>D?>:B;?6B?<;@8F>@*CB=:7AED=??'=>DF9?D42;;CDDE4@C;;CC<48E?8DBGH>C:H:<<<4A2AE@=C4E9@8>:F?;A>H;>8A.:5CBG911AEA@CD;37@2=;E<.3);:=G698369:=94@A;@='I7@C/;<;E=03B<@2B>;@=;/G=98>849;D;8=@D@EF/?8;F?K2D75>;=@AJ6=H<6=E>8C=B>?H;4D>=>>72:E@D@:8>6IC:2;=:=DD9;=5@<65;:8@B6?A5.=;;.;==:@D@=5:C2>>?5560C?=CAFD<<8@=:@:A0>C;8@=A?C8F1C6E>=9F;A7>E,?=9AE:+EA?:B7>:=>CJEA6EB>-EA9@AB?<@A50=47FE>==9D<35:A.9978;?7:87;4B6759<@@>G>>?=7>@0=:88B9D=D;=5<:812@C?7B;=D9A==88>9;=?@>AAB?==9>?=9K493@=/0FA;A:9<;?78;ABAA'?A?7<68=9=<<879A@DFH0D?49.9>>;8AF@@<=27@;PACEJ<8A9HA>==?AC;>;E7;9(<6AF->E@>=:6GB7AAABB;7>@362J3A?@7CB@6F=E6?AD:9B=@=2;C1?3=B=E9E6=2J=:2?O979M=?EG?9?;5?9<9>H@C<9=G7KG892@?1E:9)994;@>4DG9=AHH85BFBBH:DA?BC@B;2?@=A=D:-DBBD?;6??9AKD=>>D@@;4G=?:@DFAF?H=?EFD?A=@DD>C?B6DBC?BCA;3@DQ<<;BCG7Q?D5:C@CABA397BGA*77G;B;D8<0EIB8QE;@DFCF;4L8<:E9C>;EA?6B?D8@;<=BDF;B@:;,AJBIB?20@C@/E@EG8=BA9<2=5@FC=B8=>6EE@K78=;*K;9HAC>=E:?87@H8FCJB=AAC>?C=BF?=CD12@B97.;?DAC855?:84@3>?>B?C?A9=<<@BHC=?@H:?E?DDAJB:><M5?L@FE?HA?A?B=@B97J4;:8B5A>D@8B>>6GD?=IF?B?517/8>>A?GK;=?C4.3GDA@E6;?=>@?A=<>?=?3A?;7BCI=87AF9G@GD9==?;@>??/F@&DG>>:9@/D6<;E5C:<>>0AA?:C@A@@+C?CB;8D?4>@99=>C9=<::8F=8CA:R,>=E96CBAJA?>28:?>FD2CAD>>=5:5:D@<;@)>H9?><7E@E+;96;79?:6<2AA4@<8B>BA<;@>AEGC431951?::48;A56?B2FH?=:@1;E:7;96E9;>=>C<.3C;AE<=7>@@?<7>GAHA9340:?;@6;E8AB>>D7?::C>90?@E<:>C)3=A0BB?BBF62<>H;CEEF;DH:-?@HCCH?8?@?38A@>:8G>D71?;@<@D6B;:J>55@=@B59>E@AA08B5A?,:?'@:BD;49,>3B=AE;6>9E>&@<=D9=?@8<38;3BDH>>6=J>?4??6J0KB?E28G7:99>9;;;9@DBA@?D@AD59BG?=0>?@3>EKB@;7>KEC8;?D94D?5<>@<1GBF2B6EE6BA5;D==<::@D?>=@@7:=A?4E7@M2GB@H;B;A8?>==;:>?CE78?;<45?5885;H5BCB=C;9@6>7DBB4DD=:5@E@C?CF8AA;>?=A>:=8FAC<:82L7@396<=:IH?9<=EH9??E==?A;:CB:D=B?9B>5:B;6>HB55F@=G?2B:6GBB<8=>ICDA>BCF;5;C>5:HF?=@C5<4A;1HHD?7DBKD:4AB7AG3;2;?@G<;1B4J>4ADC?7@*D@N@;BB,GIGINJ8546>B1;BA2KD@D:BD9EB??6@6;>AC<9=:@<8@=>H@?>>?CD<;9CFE2?C?FCF@;?C=I?JI9D>>;H8AAF9?FB@NY>D<=:=;9=6C:E77CC=D@?=1EE9@=?<@;E9C9@;F5C?C8?@A5;(7>D?C3D273AID;8?4CE1>3@29HA>BGB9BB@BD?B8???E>>CBA=8EC>DAI5>HACA@>>:AC=<15B=CCABG4<9DD:95JFA>E;D2B9A:D==BF=BK;>L:):F;K99@D<4>G8=?CC>@?=>??=:E9>@:3L>J.B><67==BF>:3@HC394?E>9H9@;0;?<<=;C3I;>F7:,?/@>A@?5>>?<7GC@BE?<>@>BD8=4:@:4E<@@@5B6I>L:E:G;?:A8C0=A=C<>AB?:?F==:>=?;6:=;F688HB@G?B4?H;9@AC27:>>9@@>@BA<4;0CB.AB7HBF7JA;=96D;>B4BB;8DAAF=>@<<@:>A;499B?B<=?78:DE7:::BB>B<7DB;:8A@:=@@8>?@4E:;<-7;A>:D@:69I5CBD9:@?5E=?<<6F;B=@C3<=4EA65A@9C5?5;=C<>>=@E>+5><:?;>BB>;:8G=6?;@15>A4H<2EDF9?<@;B>9F=@>?=>5KE@9:8;AA>>@DG>:C@E9D?=8=ADAA7I?BG@?FBGF1=9EEA?5A?1:978F79?H?=16AC<=>C&1G::C4G5ACH>@8H><:>1;=@E==:@2=A;;H987@@?@66H>C99=D2:A:A6;G<;6@=7?@$:=998=B9-<=ABDFC7B8:9>BC<@D;@58=;=A5B35D;=5=@:;E7=>61?C?EC?6>??8?=H?4;:CDH0A;D:HC?7<===BF/D6A8=6C@>AL4<==6;@6BGJE96B@:;07@;=DB9;/?,<@6>E20A8A@?5<8=AA6=4?3F@C>?;>BE:0>?C@=>1G8;?B9FC99C;9<>7<@6;AD@>40I9;A;>E53>@HIG=9B8C8F8>@6A>F7>>=1572F<:2E92:?GMAGD@A8<8=D>AA=7??G-B@?6C-=@C=?@B8;FG<7AD@E:8>E@::506=?6DF?B@:1C@CB;:A<=7@1@:7G=EBIB?HA>>IF?:=HG?>?1;?C:8?I<>PB>K99A>6AD88=*G=-;:NK<@G/HCIC=;1@@9AA/K648E;;A4DQ9>G=HCABBHE?<>>JE6<>GEKH;=0>7JJ49CCAE=BDCDGD<<1CCNHA>B@I5?AAF@D=DF@=DC@7CD=>BF2B=B:;?=;AG=<:BA8>BJ=:>:>7@@>>EA:AAB*:;9CA??C>9@=AAKB,C>J:;FB@9?D23=?DE8E6FD:3C>899?0B98@?2B=ADAB>DB@@BC;H4?@A:0+GB;@BDA:F?E2?>EC?=C?;D;AA>8H%FA@8B2A9C;<;A>A5=CAHCFD;???6H6=CC?FI@E@91AA>=J>?36:DFD;B==1C3;9??8FF<<=A@9=CL9??@;D>6;CA67<:AI=9;48;;?IC?>:N7@?BA9CH58?:;:;@A8>7D?8<:CBC7A5AD<>E58C7D:>;B9;A:8;BB@5A=6=C5:F,*?<:?E>=.CH3::9=A4;;>?=>AFA?A-DC;B=2;C>BD=)A/=6A<>=A:6H1=D)@=CF@@9@BA@>;<>E@FF@BCD<8=FA4=?/?C:;DA?<5>?9=67@@9EAC?CD==G9E:=;BB=>8=:?F<8444D?6<;?4@3)7<;?2BE>><3D;D@??>:B;=@:A9?;::A8DD9C>49>?:=E;.9C??@:5?B?E?>A?=1;@;?B@>>D>AC=9@=?7ED;4D=7?@<=55AE8F=@:ED29@D6CA:G?D@6?@A:D;HC@@676@?9;216/59>=<>A6A8?<=>G>;:-LC0+9;=?;C:.?6AGEI?G=I;@=?@C58E>??B9=@AJ:G6=;A?E;?;66=EJ7;6B>37D@6:5-B@=E=DP*?A0;;0:;?;?C@C?GB1?F::7;6=::4978;AB:@10B8B=F:3>C>972B<<4D=:<66A2@AB6;<@;@9B8@?7;EH3C=>7<3B8BCFE>,;5DC+FDB??603>2<>=>?=E$G8@F-;?@8B-6@DBGF8965??>9>;I<5DD<<=A79;5>;7A8C5==*BE>C=<846B>-=:C3@7<:@=@=I==B:A@B25<8;CB==G5AKM8L=A=A8;A8B3CCD;F;?I<>3BB7A3D>9?J==<>DB>1G?95A6E;>8I8EFB87;ABE@155.@;>73==E9A8M?D::E>1CPH25IA=DIBIBGP;CA;GMGKDDLB;:CLIG<;BC=?29F>C?BDC6=4BBD=7?@:;=:;8B9?K8;CC==>DB??<9B6E5E?A@;:??B3I=E?B5:B>BHK=BD@JABAF<6HIDCBC=CC>>+A>FIJB9=EHF6;I?>A?A>=AC?8A7(BB=>=H*B?GG2:G:@?@:=?8IA=G0@9@A@?@C;9>=CB?GBCA=;C3EB<<8974L2?=A:1A89D63D?>B>AE-BD?@?B6F>50A86=?<6?B8;5>4?6A;A>B>A>E98C4@AE;@A7AA8A9I>=F7>D66DK>;>;A9=E7D;C<@@5;GAB:99BDIG=F9@469DC?@?C>?5@=3H,?E@<7G?A;C0);C?2@?-7:27=>AC>:D9D8;@E<.C9?36BD7@<>?@?>BDHG=H@/=@@24/6B6E=:=KB.?>9=D?HF==JD;8J0@@<:J2=B9;=>7?>=@=3G==<=:9BG:@A-3F;=J/=<3CE=B@@9B=9C;83BDBBCA?EC848/:=F?D=CFB=F>CA6D@CCG;8A>3;<7FE9.>=A9%>8>@+F2===FA=873>:<;5BC?IFB>9CA@9@=D=7B0CE7;:A@<<6A=??:?;@?E9?EDB9DJ-BDCDE=AF?;6A?>==GD<=;D;:>4@4ED>D;AA@DCG<<2@H=ED)561>??:E?BC6F>;>:BF1D9AC@5>A798D83@@>>?A3A>:6A@2?D@78A7A88>:6E<:A>BC>2C8D;8;3:;H4B52:E6.A<;@7@AM2:<@3=@@7,B@@;CA7:A/D@B@C@>>3.A>B@9>K?1?7:5<:<;:25=??AF:E1789?=;?8349F628>;FF@BF;:D<=.8ADBG@@2@B4:5:<<=<9=?;EE97>>?@A99@E=?8:==C+6:7?HA=@A6>:<(C2A8E?<;D=8;3=;;E-DD=;@%:>@B:;57GA=97BH82CAD<@D<2=CI9?49?CI>>@?E>4CE?AG><@=ECC9D3>GBT94C8?H<7ADB>;E>AA;F4B79;B=HDII/<9?<+D;4BA;5IB@:>=I?9:>=D;<::9?EB<@HMDFD?M9;4;?<=?B>DE<7>>BC?:A?BHB@EI?FD5BC5=E>8H4CAKDF5>E=>GD<:@;8:F:I:B5A<8BR;HEF@;B4?CLDG=>@;9F?B@EE?@?C@J@AA7I>C?=6?CF?DIM:G;E3A?C89KA<@@@=F:785<37IDCF@2A=EE@@A@BI7E5B?D?<:D=>;ABBACCD89G75CA@:/E9.5C:@@5>5GDACA9'4>?@DF9D>=:=C3C8B@1E?1?=EGG6@B5<=CE>9?DE=DB:9ADF@A4B;C5D>=?9@8>4B9A;A.C9<0@@I.;>D8?166@?59@B@>B<:8D::G4>E=A8BH:>7>?:;D?9E9@>?@9>@=ABCIBA)>DB%5CB@>=>9;C<=8@2<6>84:93<=<=B@@/;D;BCB=C?99;=?@D@@@H;DB>B3B6@DC83C/=:@4;>B:9?H:B1A:9EF:DFD@?B?J>?=:FH??B?4@A@@<CF=F99BD@9C=:<@83EA=ND@1>>5E9>:B<48;GD6@C=<2F/=@A@4>5?E81/E33J<@A=:D:=:5A>?;C85BJ>B2=DBAKE7CD@C1?4>81CB;DB:=A@FGAEB+>=A?8A7?;;4E@IB8:DBCE=E?7@>>;4=3:G1?@94C?/=C@C;;6;GI?GFA>A<@=?FED/>B2F?=;:?6;.D?3@@:E9A;CA:8@C56???>'<9AB>31?3F=>6B<28==/140A<;8D;B1C0///B41@:BFEA99A9)<:<=<8FE=@;?@A@A>25<,@?H2E5,?@=7BD<:5H;/?<:>0<4?<:C>A.<=C=<1F;A8=B?A0>6D3CB6C-<<>+AC<@?D4@==A=B82646C:E.@?A967E;53BF8B?8?>?9>@;>==D4H::8D0=D>2A2=@G?C;>8:J:<46;H6I?>?983HC?=@4J;69?4.AD6=HC:B@8D6::>=6@=LEB@1?D?A@>>>CF>E@8C=><84GBBA?BDA)>>:>5=859?B=D;A:C8:G>L>7C>8AF385DB?;A+BF;3@>=:6IEA=B.?;G+CDD6?CB@:BEE<9B?C989@?:>=.BF?E:86HL?>>CO@6;?FAB6=?:7-J7G<F@GB@C@B=DC5JH@8A=@;AC?=?@F>?<>4D?@A>?4.K>;DCCH@I?+H?KACBDDBE7G?DB8OF:P=DHD:?E=H=HEBJ1@BAE>=B=8AF6;???<;?:=K>EC6>@@@>F@A=D;BBB?687:?>BB4=B>4B?HB@AGC=@A@?>FDC?<5DD?5AA@8C>=A@BC7HA>@8>B:>@DC@@7CC9@=<=5>BA:E>B(58B?C;=9GI*@8EE?DD=DD6<2E?689AEE1B;;@=:AC?5=L;K@DBGD@ACD@A9Q=@A=>?E8I?<;A:D5;D;CNC>:L>@DHD?B=<&=ACA?HG?E@@;DD?=<==7BB;<@EDE0?9-@?F>91G@>C@D<=J(?G4FLA:@6C@D>8?:B??>FD=;E:B?;DAGABG>C>B+D>B=9AF=:@6HC48:>=C.B;6IB@;?HCD28?7BH>E;7?F@2?=FE?6+GA;ILK5@8>/5?@:>DD>BA@><@=9J;8>8@8@@I9I@B08D?8;6@:A=;I:E@>C=:C>708@<=D@?=>C?<;;9>=DB4938;8C?=7@;@;?C:AE1E?=-6;;.2@:==4@<:I:>B:BE@@A9??=DK::C8=955>CC.3:AA4>359:;9@C>B96C;D3G>;F=D:B=4;>GA=A@6FC@CB.8>E?46:A@;A<@3BD0IB=AB-6581A>C=;A@C;A<;<>@K>E>GF9??<@>F=A=AB?>8:@4<=?8;7I8BF:7:FB:9D8B88==AB7@:C?>9@6>2F==0;G=E;A6C;A9BG3C6==9AG7D:?;?>>:B@AB8;;C:2;>@8A;A>7B@0IC6A778F7?=2G<31@>>:;B8DE>?:H8;E-<:?>=;><:G;BF6;;+:6>==4=D:92894D@>398?E:>7C7EA@@8=7=8@69>?/0>A9;@=4=A<;BB@E:5A;:=68DG:?I71>5FD:FHA4A:=;?@AF9D7;EFECC=9@HD69=7BC:B=B5?A4=?>3I6=6H@2M=BP=70:69?A>F?B<>J9@9F@C::IC1>5@?3:E7@;7>AC<>C=8:;;?380<>4>;>=9IC?<;>C-4?ICH8B><>PJK=@6F??>4;H;FF8>A@KLHC@>?9>>>=A@6F2E==EIF:@;:@I4IB=E@D:DCGA<>A<-;AC>FA>B5<7BEE;:EF><8FC<@74A>,BA@<7;+=A;75>7;IHA?2DG4F8?B@:CA7;:7A=BE=@E=HBDI4D@>?><5>@>ECF?KCG=8>C-=>;)@C=I:C?8C:D?1:A2==?=C>EC51=G99A>>E?B>F?@?8<9FB=B?7=;?D<<@@JDFAC>E?72??:??<@7EA5C@@E@>>?HE2;BB@>@=(@?DC@?8AE@:AK?EBDE<;1E5CG@9C85JBG:D?>=<8:=??7A?=E=:8FI/CI9F=CDB==5=;@AG>9C;<>@D6@FL8>=<;BA=@@8?=EG/HD?@@A/;C;36CAF0=E:9>@C6@7?E4D>II=+=6?5C?>;27=;GB,9BBC@>@6;@C?-+.;H=BDDEC>E-H>:@C=8C3=A:4BDCDAB43A3C?=:@GA?=@@@@?2=FD@AE@;C@;3?C+=:AB:8BBB:9IC;<9EHD8>9C98G/.E/@@9A@>78=@:57=ADA<7@B>9@>??9ED4=FB@?@;9D>@>2>@>974A-=D>@BCG@::3<@D2<>:276>6<<<2=A?:A;.B=74AD>3@2BA4D;<196@8BB3088@>H6,;;<@>:?<@9?@:?=2???9CIF7G<=-54@:@@=<07::(:),=?4;@:@>?DF>;.F=9B?C?DB<>B@=GA@;>E=:@=I9>>=@BFF?1B@D;B;=<>96@>>EB=765A99?<@=:C@D;C9>=0??6@EC=FH@@@>#7>=A;BB=8C<=5B6=>EC>CA=;C;:;??68DA@?<:4ACD7&E5HC:AFADG=?:?DD=>@I(;A9DAA237>8>E:;@@:7@9DBELD<8E94IE==>A1B=:GD89DEF2>.:?F=?A@CCC:?CBB?FI@EAA=DG>;DA9AC>GB<@L0C>M@EFJKE@><<>>/AJ:@A8OC7NBACB==21=6AABGL5;>CDB>DB=?AE6@@?G>H?@BB@?AA@B8DAB<2EE)C6C;79=?=>>6:D2;AGD?/>>9:?FN82A9DB@0:=:>D@;FF?=A:A6B8===4HB)8F:3-GA=A:DDB;>7>BCAC>9>@?C@BBC@79B>:)?:A+@9?A>?88<@?8@DI>?@5:?8AJ<=->3D;CB2EAAE>B6?B@75D=486>C/<+4=B==AD;:;98B>=89A;?F?::G92?.1@;;8C9=?9<6=>@>BGG@?;B6@;ED;>:2<@B:B8@=H:>B<&6@:@:?54F:@A0>775B27=8C=@>FF2@BE?0>4K;?9:>B>@@=8A>;=98:5A?9F6?3E:?8>B8??:@;BMD36>?<>G?728:<6B3<>K2?A2/9?J@;=@EDE=.*>84FF;BB06F<>?<:?@8B6?BBB8GB:AE8I>LBD>94.9@?;D5;8>BF=.B<<6//?=D1;FB0I8<9A6@F=7DE<6@A8?>:3>@@AFB6C8<7;ID98=5>>B=C8@;=D8D4=JB?477@ABC;<>A9>5?B>9@CBC@6>E2@E<=;?89A@8?81F>BCCEDGA>G9:@B>3=@?C3C:6BA>?FC;D/?:<:+?97B:AA7><<E@<<-4.:;:4C<@7B8/@A<>8;9==0?BG9@=9;BC9?D-8=;3:?B4<:->4+?74CC@DFE?A:;>@E<;@>B?>F@=:?4@+C=A72BF?:98;4<662:>D<0?A;<>@0;8=@>::<=8>;<26;??=@<:@=7:=9@9GHC98F??=3?H9A<>:AC=:<0B;?B>5?D6@D=CD4><@=D6-9-LD8AD=8:?E4;@;;A2B5=?H9C:?C2G@@8H@<;?B;P7C8;DH@C8?CC8H7C=>=>@2@=E??@85;>=?69F6>=@B>>>95A:G<<1EK:=?H4A>5AAJB?GD>I476;1156CE?:D1C<<>8@:@4:EB+9;DI@D9BFBB/=EGG@B>@-B-9EC95J;4DECD;3:9HHGFED?D>=;>=G>C;A+O<@A9BDA95?E=GC;C>F5@9?A@DEO@G8E5E@C@JK:<CBBCA=?9=AAHF)>A@8CL?=AC95A7DF@92@H@D9AL>F9@;1FA5;JC2D<@A=AA4@F?B9B>B>;?@EE;I;9=8BBD47H9*9K=:8I9<6A5>:=45D?B;C=GCG=E:A?DE9B>?FCF8H@1=/=2???=IJ6=BBD<D??4;?9:6E/>@A<@8=7KC@DNC;D1?G?E>;BM?>07C5D;J5DF3<>A>=1DB68B9=@>E84N=J5@62@KA>KJKF>>.>EF@AB<>B9E>B1?D?7C7>=?AJ84@FC>5>@@;BBHG;-<B4BA=>4E;@@?;CDA9F=B7AAHGJ<=<=@H?=?<;>0F?:4(B@78;A?AGA4/=3C4DB=;8?8G:?A;45B=M9DF4==59:?4:9ABA?AH@7@>/@=9F?=?A89@17:?4AGGD869G9?:8;;?:6<>=3@>>2>=E6AC4D?;@?9@8FC<>>H>E69<88B5@E?6>53&>>B=CA?<<@C?;@<4<>@F?@;AD;@K??G&C=:/C@;HC<:BACID@89?8,>EADE?C;/D>;:=6G+76@@>D?>?6;7DBA92BBJIB@ABF<=?E;?=DB=>:?BAA?BB5@=6@4FB>E+>;<@:>78>8B=?A=>ADB@AD7BJH:7@BF>B?=2E;DFAFDAE?;;8C0?E<>?A::@GAB@C<5?<7A@AF:>C:B?83=BA9;@L8BG5E6CC==D3A;;8@?BAC8=BD>;;0@=;G=635?@=CABD<59==?6?B>;<@=A95BH;>8<@;@>>5B:>>8<<=?:8C@C;=8D@?DC<5AA6?F9>=6@C?6?=NGC:9<=BB892?CC?=0D<7@@=7B8B>:HD5=EC765>;38;8=D7:3D9D<8<987BA<0=9G:4:AB9=;J>D:D@A:>=C4=H@DFBA<98=G>=CACJ9ADA=DCLD@=A:@=?>@>EA@BB@GCGE@B=@9A<:@4BAMB>>J:?GDA>D@6FBDAAAC9J;T=9BACEEH99;=?>?A;A?F@=<84C7DGF3F;IIL<=;9/<@F9ED<@?<:DB=9:EE<0FC;3E/C3B=95B>9.B0;/>:G;>>:@?HG@:=BE61<<@:J=A9:8>@>??:?,ADBAIHH6HCHFGIDG@B@DCBD?IB;BF<<@CCBBABM;:9BD=7@AABE:=?=B=B7E?E>;@=D8;BB=:JCB63AA=H9DFANBKCDA)B:BAJFB?>EA>JBA@DEDB?FA>:F>@<<<2M=MEG8E7/AFEDAAGD7?3=D?;@H>EFCI:938=E8@C::??;AJBA;8>?=K::@E@BF8I@>BB=D;C79EH=96>B75H??D5B=>DD?;=EKIEA=A??=84CHABB=F9G?8DA@?=84B?>5;<9>AD?<=9>6GCC>A?A?>?EA26@C@;GC?78?=A:G;E09DAC>D=EAG69EC9@@DD9F=34@/?958=2;=<==<;)E@=5@ADD=@?9B;=DD>7:<=<=A<7=?6?;EFB<=:?<>=@:26E=?49;@:B;C:;B,3A=;GAA<=6@AC?8>>8E>68>;383E=<=@8;@967B7DIDA4@?D2AA<:F@BF>@267:8BC/:>5:56D; F=B<7E?;9==:;7CE59=D:CF?=C:96;B:<:DADC;7?A4G@==>?BB89<>9?B?DC<2H=4@A;?A2:?>B>E??=>45B99>?H@H@?6E;>:=@<9J<4D?BGB:5E=9<@>H<<:?H:==F@B=3>FJ;C?CE9BD92D8D;:<>@7@>DA;G77=;D>?;;>A,E@CE?@'=E<7D:EFA?<B@G@66EB>*DFAGK9>@CFB>>8?BE@;G=A>7I?A;=EH9=C98AB8;??>:B?FA1F946=F3?<=?4=A>83G7:CC@HE;C=8=A>587+7=:<57869??=>0?>BA@G?C9H9508>;9B>34/:@)BF97D0DA9:ED38?5@=37GA>@D:4??DFDJ;=E<F@7B647;><793:=CC6>8<@K<49:;CBB?<7E?5ABA:A?D6<0>7A9@AA<;D44A=3:DB?;6;>>A62:>>F>:09?F5KB8>>A@D9>17C8B?=E=>>@C?ICAIJ=@?6CCH==?>GC?@BC@=?D=8CDAF=A@DH=B49>?@43B?BC;>1F:/>@4B8F9B=QCE9D<=@A=7@@4AD3E.D4=B-E/@GIE;7B9B;JJ546GAHB8=5D?@7!BBF:??@=>8?O3E8B8C5;@85CK8D@B@7@BB>@?G8AA;CC>8?79)7?;<:>>/C@IHF>A>;GE@AG6BF=@KB==CAA?A5QFDG=.IH3+BA>J4D>>;I>99C=I:>4?=92JB1BD=@G@CB;?D8F8D?D7DC;;=+>@:;=@;G4I@@7ECE8K=6;O6>?=AA>A@A>;=<@HA?55CEC>?J?J;9GCEA1GE=D9?E9B5;6EFE45E?55GE=?FA79E3A;B?B<;AABC;8?<;FDA?4=5AA@<=8?H?C4=D>B9>6A<=3=?=D<8CAD6:0=B?C?@=AG=77E@@?8?A=<0B9?3B=58;A9;6O?EJ@5G;@A@;6>=A@B9A49D4A=0@AG:=:C7>FDLF@269;@A=;BA=H=9C7B>8?FA;??;C8:?6>B==BC3CHAD:8D8A@=AB9?C/DFG:9:<;>B:AA>A;:C?5=6@1<;8@<@A*8=>?36:@7=:9:CBB9008<4I9;A@>D<7?75B:>D86@>.AA:<6E>D4@G=@1:@.@<4@6D9C?>C4?=GAEB.D97:6B597>F9A=<8?==7FA=EG<<>@0D8JB/A<>7:9:<>C;9E@7<0@:?AB@6B??;D67:F>=4=F@A:EI8?F>=?B7A>76>C9D7D8>AE;B=?<@>FDBDB9F?74@=:E>7@B:9;?I4B8;:;;E5A0D>?C?;?>.BD;0D5@@B/=B;7A5-E4?C2::>,6/K=:;.>A5;65A=7?C5>D?2A;H=3.9=<82BE=9>B47@7@5+?'37>94FED@:@42D?79E:>=@>8@;46425>98D;=?:C?><@54@;;B@:A>E:9<9;9@B99??8K-=>??G;@)?C?8B?3@@<@AB>E:<>:BC.@?@;7;;;<4IA@A>B?7@092;ADFD:;5E:?6:8;@@>A?@B@-;D=@99B9G5CE?BKA4B@?AD7=AC8@40AAB;8:C;A5A9?=9A@=;?A=>C5;8:<=B:LA>8:::9D9:=@83@G=EA=<>50=D;C8==;@AHFCEA@=5=;8EA>3;D@LBG>:A2EA@FIA6L<;;B?9CCR:BBB85=;?CB>B@=FB>@JB?8@?8HGB>80?C5?EID4B:99?B=;6?9;?D@DFB5=?CCA8@D?@C7EEGE78?:36=<4@GD>576>8=B7:A=D0C<5H7H9HLK:@@C<=D:BH<;A6A0F;7=3A?CAD=?KOCECA=>99B<:B>:E/?=>6>6>+5:ID?65@A;=8KF=:?*>55<>)?-<3C.+CE@C@G?A>B>@>DHG?BB8C8?:B=2?F*K=E;C0G<B>@B>2:F>?@2<@:6AB;1E>A;???88/F9H:/6CF@@:AF5A3BC?>6<5-A?,1FCB.B3FB5?EAD3D@9H><>;45=CH=1@A7-FA?C@J;?9?ED@CEIE>:CHA>IFAE=5DBAC>89@57=D:@?I=B==@<>;;E>BE>;38L;6;7@>5C?F6>7A9C;%CHJ9;F=?AADS9?G:A=??FGD;5=@=;>D:H7IF;=?B>:@H:==>A>3?AA6:=?EADEG=9@;>D4;D??@;;BD:=:@CBD:ECAC;B9>A?98=C8D+:;;9-*>8?,;?G8;KE79>C9B91>@BB7G@<;BA@@B;KBB8=CED:57*@D@?A6>>G/B<923C=>D7=A?;9C=EC><><7;2>8?A?:4;@A@GBC;A@>9A;?<243G?DA?B:69@?@<=B5B>7<8D79CH3?:E<66@8-8@:2A??FG?A?;B><<3<<7<>9I@BCA@8A<9@9;9;4=<>;;C-;:2=B@%>=7>9<>A=A=8ACA3BE>94GB>0988>:4B99AB6A38:7A=G=CAGH<><:AD==88:6@7<=236@5=E8A?D3>D<@-CD7D<624@84C:?,?6E1A:I/6FE7@6@9;E:I@D5<:C@@?@;9CHGJA=;?:8D?B=>9CE>C<3A5=B=J95IAC>C?9CAC=>@ED;2D>E57:5;C;7EB9>96=AE:76EE;:E7?D=348*?2+@::8MC8-=85<76C>BB8>=D@;:?1?7;;>E3CE0?;=976//>477;4;;:F;:;A=D>8?:B2E:7@;?D@AI@A8C?47?>AE;;K?<@8?>=<:F;1>AE@.>D<:F=?H=:FCBP>6H;=BD47=8:=@;@9@@A7?F==A9=FD?5=;B/>7<=?B;=/;B@>H8;D8B<;:7AC7H@<5B?7;3C63:?@>ERFE9:C;4@;H?A;=><6A:B7IF:+@A?<4<=:>@;I8@6::C:@5EE3;86AHHD>@3<@-<7<@8A9@DF8.9>;7>>>>8:BA?BK=8?E<4;:4?CD?8=G;?A?AL8CCFAA96C?9@<C?EDA;4<@AE=>A;:=C7D@<=?=9?8@>E-3F5AF.AA=DDFC<=HEGF?<;4719;:=1A:9A;7B@56;?=;+>=??6BC8;==@I5G;=@C@+@@L@6HDD>D@=9=<;BH4@>;E@A7?H5><8H=D9FA?@?J?=5A?7?>IE7C=;:?:7>:A@7>><=AC9M5@@@BGD7L;@8>;F>AAFG>@>@F25D@.?FB.HAC?E;>A75;@F@>5D?9675;>?9?B/;=<<=:D@AB6=>0/F0/E@;E579/=5C@;A@6?9B27<3?@FE@@E=<=EBGD@FA8A;@A>=F=AB@J=/BA9=?5>@;?A?<<8AC9;4B9@;A7C>D?>@?969;+8@<=7@1/>A>=B&@DD2<6?B;:B;KCCE)E;>C@9<2<8@>@H?A<36D<B>B56<51;=5>C2@8><<44;0AB45?AE@3A@9=DC6:>7?1;7>;AB5=>;@7E3;CCG=?=?:C@?D;=6:BB48;<5>>B4A70.79C;E6<91:>?<@F1;:-9D>AC52HB;BB@=5;>?==-5@;?=>23@@9B>B78J;=?::<>4AD>A<>:?=>DA?;>@A8H3<:4?C<5CC:=A=6BI389=:FC:??AA;H>G@450C@B;;;D<<>>@B8<646?A?AF?GDBBA8A4=9AC@HBA9AH<B577A??F2CC@9C;?A>:2:;>E>;H9D6<38;3B?:@?IG?BJAAG@;;>B@B;G@38C>?>@8;>??5E9B1E0:4?F=D7>7=JD:6D?FF?;B/A>2A@F@@:@5>7>?@:::4?A@3B4?@;>=G9<=;9888>?CF745<:>?7;C=A:A?AD=::1H88@=I>:A>><=?;@+298@FB>;<68*>E;1ED=,:F<>A76?8@@CG;J8E5:0@<;5<8:7D31AAD#H89;?@E6@:8>;8@88;C@C:59<;?G:?B7C;C@=3;8:5A><.AD9:8?7F-==69=D>@99><@BF@0:HBAA>GCB?A;AB9;A=>@ACR€~o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n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Çÿÿÿ¤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ÿÿÿ³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ƒÉÿÿZD:=?DC5GIDF::<=:C9@C?<329@E;CGE.:GAD>DG9:E;@C>=FA<>>99GE?0IJ:I98DC;@KCB3DKBCK:@B9?AC:IIB:AD8;5@9B7*EF??6>@@C?09D=DA=G>C==;>F?E7GB;AD54DE:B3N9HC:47+;6?D4J6=17C69?BEDAFGC=>G4O>0A3DE42GE@BB,;??B@@?<9BDA=DA=>:FALK:;49>>8?39CB>>:D>=>TD=;B.?;FBOK;:A=;>7AC6ECIA@>@LD7=CH?B@7HBG//>>B;@B<+9IGLGE;AF>&?>9BAVIB7@@<=CAA7:@>91AG6B8?38I?:9:>@>7>EA8E;?7B8=;A@4EHB>D65G;>>B?CI?;4DA@:>B=BECA<<:CAAA>;8/D=6A8;@E>FK<>:7A??AIFBBDDB?66;?B?>>2?9<;IF;@?C@G>C7:?9787?>C8528>CA?>>F99A>IA=:5DB7?E8DGEJB@B9E;=EC9ECE63B9=FB@>I=;G59>@;A<@?;9AK@?==B6??;8EDBB49;=6C<<;CB=@C7D?9=9=:1D:??C@=9A@<;@E4G79>8::,7>9@?9>D/C=7>E;EEDD7C9>9;>5CB@@EAE=7@;?;@:>88F6A-<4?;>7<@;55?:@?:<95?FC>;;?=;F5G>=?93BC@?AB0D2=>9A@;?;?0;;5B5??E88<@?B6BB=:@:9@8A8?8>=697/=;*D=F:F>C=CBE4@N@=;3-;??B>:4=A/@.?:8B;?5:@FK9@E??B=ABB5C;@@?ABD7EEAHBCF>@>AA=>?CFCG@?E7@/F;=EFAB7:=E<7:><;F=GHD7??C@<@3@=@44>4EC??754=<43?=>97G83:;C59=9F?1J5B?E/<4BE<8G<6C;IDA:J1F7EB6B>8<8D:;@C091==>C7A=AI@=DC@H@;=>;A;CB?>:=D;9:4A?A@<>@:?25:C>?HE9B=E8FAB1:6?3J>FD8D<9D4::AD?@/>@FD:>D=3>7@7E?;BGEBDC=;DMbœÇzI@B9?8.@B<79HB<@I@+CF=@E>@<=<2CD9=8@??9=;DH>@D:4O6ACL=@?B=9@C:B1:94GD==A=4;D0?@A@;D@G=G>8G;LFJB?KB=9K@@@8@8;EJA75>56<>67?@ABC@9C@@?AH=9??@EKA>F>?=J>@F@HF>?CEE?=:*EB1=DAHA@7A3H?5>A>LK7>9EI@:A>A?9A4><<92B?;CA>@J>?C=TA;:55A:<7@BC;0EDEA?CH9H;9EB@O?>CF:HC>5=9k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}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a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c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`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rôÿÿÿÿÿ›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xÐÿÿÿÿÿÿ¶m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Ýÿÿÿÿÿÿ߀b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io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ëÿƒ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™èÿÿékZ6D>3)>>F>>4IE@4AFC9:=5ABC;+E99G@CB9E7B8A5;EFA>B@?:?<==@=@;>CB7BBDG=:?58DHBF@7?H>9:=G7BCBA-;?<5AJC9?C<@=;?CAG?B0?BFD==>D=8C;R9I>@?>BA=>E?>@H>4GC:CEA6><EE>AA9A=5FA8=B
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cØÿÿÿÿ˜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v°ÿÿÿÿÿxFJ7@JA?@JI@5;HFA@;@
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cc™ÿÿÿÿÎjA>I??H9FE6B>@;?-?;=A?3AF3C>=>$>?:C<>?B=@=;7>D3FD?5A?=7<@?9@9?3;@8;0?ADB9;=@A=A:>?EA=;7:=::GA?FDE@@G@??@;?ABFE8;@>?4ND?7;:>:CE>>AFB99C>?;LH;<=*<=A5D8=?B<>5F:>A;0;:6,<1@A?1;.B;@;737>A3:;9/;@;98@85B;43E-<;>C5B9:D3EB<9F?873>8C;6C:=<@7:?8@DI>983DD=IC:A?A@=2@C:A=?>59>E=C@6;;A32@DB@?B@58>>60=8DC62@9?<689F794A>?B@DD:=36C:D5=5DCC99BA?@A?A787=58A75:A:8:CB=B0;5-@7==><5;;9A:B9A7@?1?62F<4798C.B>;B>7C29A=F;@=>CC<:9;<;8@B=3A?BC>7D3C>?5A;ED;>G8>D<39@@>>F95DF?<>A<<-??<>;C<;+C<@?B>B@??@6I?>;5<7B9K;@49BC89E7C:0>>G<7DEA:2?A14CC=/=A94?AF8BF9C>>B:C8==D@9A=@GCEBB?AE?>;@:<5>>LED::=39<>>7A:+F:EADD@D?'B=D<;;;C=@E5775=BACA8==>:IBA@A<->;BEA<6;@==C;B=@=?D@4=H58>??AEE=4:FCE>@H@BC>G=H@=7>;BBAD)F?9;@=;8A><<@@?9??BB5=A?@C,AB66);8@@?48D::::9J:78A;;A>:7A8F:?C?;@:8:ADD8<4IJC7=?;/;BA;1E;;947;A=D>854B:<9=AE1B@=@:>,?/@B=;A.>O4<@@5=@EBDA=0%3A95=3?@?D?@7C@E.FC98D>B:<<6;?:>E@BAE??3E:?<7=;D=6EC@C5:6<8D>@A>G>69883AEF97>98>@<>?:8==;9B;0;1==;>E;?A>?D6=FC=B>=:BEB8@AAE>GC=8CCDCE>?BBB>?:5>@DIG6D:3F>C6<=>8E+?6DC44;A=7;GCC>@<>?E><=6;=>>A?GB>?H=?<78J:?BE<:I>;6I?<<17/:E=1:;>2A?>A4ADEB5A8B;A46>48@H?;@<??/?9J@?=E@7?9===DCH>FJU}ÿÿÿÌc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€]Rb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n‰€|t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yv‘¨ˆ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x}‘’ƒr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ny—¥žª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¹¿ªŸ¤r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µ£Æ‹†£d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m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cHE<@A5;?=9@@6C;599>EEB>AAF>@37A99@=B@BH;@9A=GK0:=4A,J<@>@2@@@B>1?6C?@0C47=GFB<<98@?<9NC4085H?>4@:2BA8FD>99>6::6@;<==D:;C;9D<5:<66?;ADG<52@A4>==<&;4@@J}”Ú¤–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dbq[SR=>BB>>@84;?@AJE9=57ADF=8=<:?)@??66;4A<90<;>>?;EDEB8??C>8>;4@?3+B9>;?<;=/,?5?8>4?GB578B?BE?EI49=A2>:A?47CF7?:6?:6>>98,8;DA692768C+;;6:1=<;?72?M8=ECB8@7><9?9D432>=DA7F?C>=9C54@F8A6D@8=B<6J:>>F>H>>16B<4F4=0=A58?>67;95AFC?:?.@6:5;:@?B=>:F6A59=;?B<;>->BB3A@;D;<>8@6@;A>906@9>=1;@?C=4:B9<9D=7=?B;??;D@?@DA.D@B:::;@9F>89.>BC2.D?<>AD?B<5;A7@?C;A=A:@>=>37?0@5C;8@B<@<8K>?0:<@1B@>?>?5>>;>EA>H@I9B=@.<@;4:F;<>?1.::KC9?:?E46?1@4+B:DE:9NA<:?8E?B<,?F>>6=;;9?:@?8=3=>78F;>@0>FE?=?=A469=9AD<@E@>?B?AB>CEF><<:A-27:BC=;DBC:IABI@HB?GC?BAE?CF=;6GED;;@;DFB@=EC8D?I:C>B2E@E6?6B:BE>>;9F@7=DI@ADHDA<0A>98D;AG;=?BB@@C:<7F>==;<=?E<65:;GF59FDI6@6:A8F;CA>;+95A61D8C0?@@=;0D@;@BB<;ADACABD6D?:9C>A=?B>J792;B>;@6<6G@+=7BGC;ABAC7D?CB>?E>9<6C@@;@0<7AA=?=B9;=82=<-CC.@;59>CC>:<:*=;97=BH67@><6CF9?7=:9>@93A:?>;1:>DA;6A>C3B=35BE47E4<:9B)8:7B>,=B@??<<2?D5:>158A=;17;EF>>E>EA6:;8<=>D?F7C;A;3>9;BC@=D67AGF@C??9.;@;D*?BFGA>8AA<=>@AB>>>-.=CI7BB9@GA4?6;8D:;I>74:58@=?91=EBHC:>;6?5=;I66<77;=??B>-;5F7>A?8;;@D+>;9A>1C;B9;1;;G??B4CE3;7CJ@>A45GB@B89-B97?H94++=D>3;44.C8>@DB@@8E7:>;@>9C>=7CBC99;5=EA-;8=C=8>D7B2,DE3CA=:?D>;A4A@9C:=BFd_^WV9J9=:B58B=7A9.8??=D1;C?5>/6:8:0;E<88I56;9<51J8/15@@<49@28H>6>B1CG4;;9A578A;8?DA=5<=?9<;<>=0;>.=G)E::6A?CCKBB?691?9ED=<9B5=-1B=:<9745@=A<)A66;7=48<90G?*49@55?A@=><:<:=<697;H638DC0@?A>;7C;?=4==>BA+A?==;::A>CE>B;D:A@=.-?=<;<*B=BDA96.3<.5:;>>52B@C5A8?68=:6;79FF:C>.>5:;5K?B84?2;8F?;I0@@0*E>D9=CBG;:7C>42:@<?><9C0;;D3EC@C=>7>2?6@2D8=K<99@E>E?8@0:6@9:?@B@BDFB2:BA?DA6,@4?A:BE;D?,90<>E;7KA0C<>445@?<7=>4?>:?@@=9;8B>AC>/>;82=B48JE/?@C<>5>8@@D;B9H7F<75;@A>D9-;<=DBIC4@CD4.;H??<>=??BA>3@G=9B4:A5F5A>67FD;@4K4A9BDEDA>GA<@EF@<:A56@A=1<9H=E;F=FDA=BADAA.<=EAD77BH9@?@CH?F;CB;ECDCH@G=J@K?A=@@D=;@>E@2O;=>@F>:?AC@AE?A@I188@@@9=<9><;7FFI/C<=;BC6C89@GEB48==B?DDFDC;IA>@K:;A9?G/B3L>=4@:;DE;G39:FH=AE?:<9>==B:C@;@<@DB2A.=99D7ED+ED@3==9D?>D6;2C93<;BABB0F?>A0@A?9;:7CEB>C;D>I(A-05+;>E<@D6E?>F;(G5C;E>@?,=?A8=DBD=?@=??@A7CGC>13B58<3:BE;837<=@;>D??@A?:>,?4B=@G5<@CC?/F>=C7D@798?E5@C:CD=A,?.>>?6?:>>;5A>;08A;FCA>*3><:@9:85=D@:?'=<;B8EC:@??49D;B>.C??@G:A=8@;7DB62:DDC;=.GA5:7;<@@>E28AC;;:B=3ABE9BAA=.A?7;;;B>>?=:?7?55=D>C>IC;>;@?@;B>A==4>C:GC@6>+?@C>?>7DCDAB8B7+?7@;:;B<8C87<38E>C?==;?2@>97==9?<8;I@)A/8H=A9F438=6=<3@6>:;7:=>A<=B';FDAG7:8>G=>BG;.529;78<9D<7:161=A>B*?@91?;G8=C2:39HZJH3F:5.@8?A;:<:8@4A>A?:181AE6:?7C1>:3=@::A>88=;CAC=875BA-?=8:>.78B=?;=0:07BD:BB7?<=EI,FB=<6:$AC5;9;8>=47?C24>BG5=:A=18?8CA>B9<@@8C405;6=7<6:>@7G8?56D19<;:*DA>7@A4???658A?DI5D8AE1:@8@G@>2;7?B:FA5@7C;<:8?H?9=DBGC7=E@:=:38A>7=B=9?<9:==D6>?F(=8>8:=AEB8A:G6AC>BGA6C9/=>B2OBDD:3;B===34:EC:7BD<2<<@@H8A665<9>AD0=@A4;;@A@FA98>:97:>>:H?@BABDB8;@D>5:2C3:I>97<<=2A990FAA=;BAEA=B@:?@3D9C:7A@<;AAAC<7?DA:7:.>8>2KB@>BH=G??C=7@B=A:D?G:3G@?AD:@B><;@2=@8?;=CC>86;==?J@=BCB2GC6K=:<=35>@GFEFEGEB3DJ?<9A8AHA9DEHA>B>:AF4>@>;=C8;DHAB,2;=1@I81D>96>=4J:A:G@C2;D;?C::HE=C=D9B8?C1E3=AE@B:9;J?D@;;=>@@J@:?IE5>8@81:@>9B0C@;;<<>>+C=>AA97>A7C->G>B555@>E:CA9?;>14;78D0'B4E??89>?IBC>FD=BD8D2F?GE<78<8>:;>G>@<189=7C>:I9A::E79>@@>?4>=;?@J;59?9?@=<>A/DBCE4:9DAC?BD0E=A93:DIE==@9:E:5:>C>8E?=>8AA=D?D@;7:75<;:F?::<<@=CA9AF>@A/>C:<>9=2>?:7:?7=BB9CEAHF>C-9@=/>ABA<@@>;>A=;9C7;6A947?16=2G:FBB?9><:A6B@=D3559>>B@:=<=CEH1B;=D>9B8B=5=@6<:EE;@>C92C@>8A2;A4=B8>=<6799=@;98;F:832F5>8?C9:9-C:H8=189D?==G534??2F;?EE=BH;9F<59A@>F7?=;2=2<;?=2DA8;C:>?5=)A=4H?5@D.@>8;=G:*=55;A@9=@=3<=>@:28=9>=;B/?ICKIC8F>65A99>@AA;8=?39A:>?E@>893;434=?9F8,A:@;2*3:3:D:@@6D4@9:EBC7=3@?19;:FC=->89BA-98?L;A;B)?.7::5?D<:=@8I>@C;C8F8,4>;:BA78?@0>DD;9>?7?A>=E78::1>B-8?B9:?86=0>==G0CADI??:>9175G3IG;>?@=C@A==<:7H;>G:=B7>::;:?<==C;C$47<@9.A3/85=F><=5ED6B9,9:7?>;C@;==G22B<:1@:<:;5A8?C=9A>B>=F92:B98D:3;@0@AA6535??>:G8@>A8<>?;C?72A6D8BB:<<+G63==627F>?C@4-9>A/1A>977?D8@2>95?@8@H>577>DFDBJ=B;6>G/A.CE=;:>?J7=JAC>F>B>E:CFBC33B5BG=@AG>=F8G?D>;:;;@>;;.E:E.G:<5C:BD??EE;AB?@AE6@?<>=7;<::<<85?=?<.C7@>=6<<@=4E4E3<>B@E>35BD?5=GC:>BCF:G:;F71>A>1D?<<=G=33G9@BA>HD;BC::2?C?;9ECC:G?>;E=;6BC9?A823C86H:AAE>@?:E;>C2=D4876C>A@F.>5E<;:>A=8?*=>H:=<>?629B5:C:3?9?CCAH>HA8=:=G@M<<8A@>BB6B4>E<@:;AB@7D>@=7?:71@A:;<75B@AE;C=<><@G5=E@ABB,?K=89;?B;>D1=11A7;?8??9@1;>F=@<=7?=99CCD*44:@?91=85@?6>:@87A;@>FIAE>BA>J:=A2B=?@B8;AGB>>A567>;;>BH>CA-3B8;A=:7?<=2>91@,H89AEC@3B:8?D:84A<8<::6=;D:AECAA.3D@5?>0=<:>E=E?ACBD@59>B8=BB?>=77CA>E:19:@=B7B??=97><=<82,61;>IA@E@AEA5?E@B>HA9AFEF:1E98G;@A@F<92B@=?2@/@C>56-8C:6@=>D?D?@H=B9GC+DD?@#><1B=G:13CA<;C8>5B-<858???6>@==@G5;:3=:5<A2C:8<.;E8:8::8B47C@>@A59?A0:/><5;>:G99?::A::;698@A?>B;7>>;;5=>/?@79>?29C3>>;A??A9EC@;>A@?DB;>@>A@=92A=AB@F@:C==/2=;3.;EAFC9AB?97:98=C>7B.4F>=@0:>E.1<:?8BH:=A?44FA;?>=3?@AE8B@<:9D36;;?;65=19>F;A@?F=97A:09@CA>>3:751CE9=B9A?0FAA9A:6A@A<97>94<758@9@A8=>:>AC8A9AF??5?5G?4F68?>B@95>-I7E=>E@@<=9?:FJB:A@<::D=D=:CA:@<@;7;B>BA7@48H:K4;?B<=;9?=1K9??<<8C=A9ECB>B<:@><<@1=9A0JCF3=EA?NC>CCBDFDDF@?5I@=B8:@?BBF1CADD6C=:=D:?1-@E9BF/AFO:?DCCDI;9BBA=G3N1<;>?EBI?CC:<3BCFBFGG<@@?=C'F<@?>B?>>;AF<4>:@>=9?;A@:8F2GIC1@GNB78?@;9ED?9H;H=4-?B+34<5A:AC;;B==@BD:?BE=E@?AAEA@A=FGCBAE7D>E=@EA?=@@A0=;CC4F?FD?<2DBB8B@C;<:A@=79<9?A05:F5FCFE:CA<=.A75:C8;?B?C8CB@?;=6A:CA=B7BA4=2:<>@>?FC8A<1@=<7:-87GGG54?A/?F:8=I>;;;?>@?8>5:;3?7F?;96D3<=:9=?>>B>=D?4D@7C>;?<3>7.6B=>A@D>@?6?@6CC73>=B/@>I<83AC<85H8@B6HCBD:;D53;DA>9C5<.44;>=>A<@:4>;F;8A>9>:679=B>>@A-<9BI>@=;;9=><890;>76B>;9,B<>>-<;5BFD5?6@<4B60>5?;;3@>>?=@CC==F@G=D<<8=/?1C@;>CA@/@@7A5>6E=KB6>;:;B??=>E8GC4<9@?6?9FC7A?=D:A:B8=9C=28@B8E9B;A>?D>88E7=D<5BDA3D;=4B;E8?2=5<9D;/?@>5=?680B:C5=;.>?4:A>398;A5@=0;:B>:?@7=D9EBBC@B:6:A37E?>K=:61764@?86B>8@6??CB8;9@38:4A<>B;>@41+*::A@:8?8=G5):7:?;@@A2C8<:?92:@68=8B4?<;=/88M741@EA==8B9C;;65GAFB@=<=4FA:<=C:5=A9:;B;:4CDBB5?>7:A8C:A6:2;29G:5AC:58:>=:6>A4B6>@=6>>:9CBAE@1>977&G?@C:>:D'8C6=7;=@:=94@?0C;?:A>AAA06)<:.70@:=)@;4>;8@C;@5:>8>>?DCE@@4C?A:8>;;<>C9B243/7:>9D?8I@9B>9J>?>C?AA@:6AA8:7?@=H?1=G8I6>:A>?EG@>D@3/=@@B6>8:F=;8?F9I;?;=8A>M:B1?A=IG9;F>A;A75;C7?/H9E8<>=A?:>+G>+>7AD=?D>?CB?A=H;;CD@BHH8H;>?=E@<;B>::4DGD8M9@=45DCC-E=C:CB2A@>I@BF>7@GD7D7>AD?94725G5A<>6@CA;8;@C573?;>F=?@ADEA91?:?:EH>9@7@?==@8<92BBB>;?8>7?F597;=A0=?A<:C8?A:;A.<6>6C7@9?@AB=DAJ@D?;E?<@;4:?BD?9AB><9CB>>>:C?AAB>BE@PE=9CBI7=?>=H7@;8<1?=?D7@CJ<26B:CC@?=FD7<>BAF8'?97B8D=7B8>CD8@8@DG?4:@,A;7>>?@A@:@99>BB;=?=AC1ADGBBE;=<+96>EDB4:?97>GA8=@@A9@=@:;30D:F?D=/@8D8@C>@;A;@7C28@A5?@98@BHC;97;9B>5C5?E;?;@=5>F@@A>:0EF@<>A@EC88?>CB?B?;919>@2@EC9@;A@;>?4=@7B3EGIG>=<7??@>5@A49AB;D-B97>;9592F@==@D>;B=DE?@>C3;:FA>AC;CD?F?@F8@A=J?8?C6=6=@8.=I<7FE?EBJA>EAF@;:G;;@F:9J;8CC6=><9BDA>EA9EBA,DD@C><@3=A?BCBC@=E50@H@5A;>-E:9AA>DKA<081B@E6>?;:B=;GCD<9?4>>@@F:B4E<9=:C@8C=B@E:<C?<1EA:99?H>:;>@GBDB:A<>C7D;D5CAB;4??A?=@EBA;?A6;F;?8FE>B?EA:BFGE?@@==9D:E@:;7C?F?;=A3B?B:;BF@<8D<46C2E6?;A@A3CB8>=AH?E4<596=>@;8:B@2AEE@92G>>6>@BG/97H6B=5C8KD7A??5FA9BA9@C8H7EB@@ECAB?B<;D?3I>4M99BC?A5>=CII8>:D66CEC:;BD=C9<=@>AFK9H.DAAK?@AA;4FDDDA:7=3@J<>:G>;A7;>?C=CBF@8>4@=B8:?BB?>;>C58:<;9C669E:8DFJ;<=A3:?EF9><0=;=6>?D:;H4::E1DA>JB==<=>EA=A28AI@;A7A?6:D?KEDF>6==:DDD<<1>6DE?>>?>>?2;6;;A:?=/>9<@=AAA@0>37=BC@=ECC3>B<@C3D@?>D<;B?9M:;=?3<6DA9B?A;EIAK;@J>>9=?=C?B=>9CA<>@EA@CA9?@<&A8D=ACH:D@>:?DAD?>9B9=A:>B@D?>=G=?>?>D?@=52<@97IH;9G=DG@ADBBF;C;@7@D=48@C=DD.=A?:C=;7FH<4<9ACBBB???>L>D6E:F9>==M>?3?E;;:?EC@?>DDCCBDB7?9?;CHD;GC;7@:<:@7<>B5CC>AC@@<=B4A?=A95AB><;8J5?@BOCDF>;BK?A@=?<:4=.5>??BBBC7EA?A?:@AE5>EA>:;8-@BHEC?9>E*DH1:?:?ACF;DFGH?9A@8BHD4>6:E?5>I;;C;>@@>DB;;B=7A@@8=@A@@B3>@DAEBBC5:-BEB.??>487B@;F:>5??BA?B98>?<=;@899>@6<;@3ED>:5=5F>E@<@BI><?<;=57>H89A;9?4:4>B=@AGF7KCC=<86@D7C@@>@?B?A:D6?=F@@CBB=B7AC>71>??7<:H?E9?BAB?<7:>7399DCDBFA?>>C@6DFC3:D8D;B:C@>?K?7;>6A=?DC>?::;:@<?C?J>8>=?;:DF@?B=EE7>DE?:??GF:AI;CB@B8@:@DG@?:FB4?@F?>=I@:@75EB=G7?>>E9>A>=:5C@:?H@CCF77F@@:B>AD>:??;?+;BI9<3?2D7@:;E>BFD>E9CE7:;F>C@8>@<=8F9=D@>>AE@G>><=@6-D?=?G;F=7B;9@DGGG@F;B7A<:M=?;;CD<@@6<:C?;ID779<>F9ID:<4=6C<>9:D583=9=H5;DC:8==5=B>B-;9DHC<DC2D@=B8?:D>A?IFC=<=@;FAB>??;E>EG;=77=<:4==DB.B:@@<3;?:9:BG99D:B578B@8;=AEB9FA@B;@C>>5>@9@6B=86759:B:NA8E8>6>E?D?B357C?FD<:??C;:@>HE32=.B896?CGD>?@>4B1B>>B:AC6EI?@D<:=BG9<:5BAA:7<6@D@9A?@D;3??==A47>=CBBDM4:G@9<>BB@:?>D?D6;GEBB?4;@A<7?D9?;4DA8=:ADD:D>C@A:B8D>AFF4E<=?F@==@C:&I@9BFD@A?:8;?HAE@D:>,B5;??HD7B>6B:<;>?AE6AJ=8BDKJ@GD9DCEE>@C?7E,9CD:1EB@:@6@DHEABB:A67B1;C></:@C?;>><586>FA>>7D=A9?=9;ACG;B;9>=EHEH;>C;@?N9=;C+EK7I=DE@DA8F@@>ADB@H8F?>9>B4AG9@FF=FG?DDDJ5<@7?>>C?GF?CP89?<=??4D5=78>D?6:1D?C9?>7153>B>>B6D76>CC4A=;@5:?>FN@D?@#B&FC?BA=9B9=6><6:GD769E?3J;?90F<9::;:>E@=-:?=>>?@>@7A:6>4C>2B>EFG=-8;G>7?867<>@@@B?F?C;D@;GFD7>8A;@DCBFE>>@CB@DAC@58G5;>N=DH;?AAFDDD>AJ;6@F:0A<:F26;696IB@7AC@EE?AE@-A?@?GC?;D@A90>842A4D;5C.8>;AC:/@@9?6>;<;;688B>33DF@F:@G>DD386::D/384A;;:><88?8?8BDCCA@AB8<=A>9=I:9F?<8<95==B;8A?:@B:C@JID6:@;EB?5EEBEGF>@=8G@99ACAC6;=??JFF>@7B7;E>6F3*>A><;C9H-FKA9@:F@5)C9CC=CI>;CE:9C;=FB08;?;>62J?CCDF5C>/=>CG<::@DCD?B?D=>1>HADBDAF:?D<@C.@D@?2@AFDFG7D;>;>@4F9CCEA?9<3CDID?BAJ:?C@9<@8IC.EAGC1BCB:5>?D446D8?@FA=8C=9DC@7?>.7CBBF=CCEE=?B9/8;??@378<<9AA/E=G;6>9@:=;:5>=;>9BFK70:;3?.?F@4E:CB>6=?=AI>BCE?G?E:H?>4ADHCB;@76C@A<;C?46A;@E@:;HA3>H77@G?A9B@H9FC9BAB4AB@D?*;.AAF>EB>?A+A@@:@AD7=C?7:;@DAA83@B6;=DC8GA1,=F*>C9:8@B>CO>;@:5;@E5274>H=>9AF9?1?9=B;=>@49AA>E:C:;>><97AA@A6==?:>;H?<8CKEA6>A@D;A;C?BA@E&A?9>D=FD8D?C<;:;<7=@>AG?<>BCI>@=@JF@=EB6F94=h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”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d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j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r“’^PBDD9A=/<;>6E3<8?J=;58E;A38B,==C<.CA@I>C7>>=;=:AC6>,@=?<47?C=@<@GCA=?>>=B;6?DBF=>@B;8?>L:>EDCD6@=3:BA9E?;9-1<8/;==>=?D?@B9@?A82>?:A94:8ME=:>=F4-AB9??:5?<@@BCH>G?/E8D=3?4=;H?C;C?O@=<<96IA?9:G;FACG@?DBHEE<;9>(D:;?E8IA@/=ABBCA=L6@J+HH?F8=E5:@CE=D=;>E4BJ;.=CD?A>9CGEB40C:B.C1@BBED>A>1BB<8@9A8?H:B-@DC???;:D9E:==:=@F95/1;88=;@C9BB8EA7<78A69:G8AE7?C@E8F?:>@=E/6C+8?4:AF@ABB7A?D=9D;GECC==>D6DDC:2@<:<@D9:;><:<;2>C?@6;9<=C:AB8:<==B?5@B8;:CD=8@2B;9?6AB23A<=47 097ar2(•‰¥/;ûw1 ò ˜ì¹qOöøŸ~•68ü/ÅøÒ¿™æã9ÄcÒ)¢¯B0îóV[ÀÒªÒ]7¬ btÂ%H ƒ:ª »Ëm" {SÊô ž{K œd@…—æ x6™ ¡rÿ3µYv×óa­GöÄfŸä®_ò´?HÛQv!S®™ mÉy/Šœ6L*R²™"ѽ(IØü±psa•M"õ8S¿äv ? ÖŸŠÇ Ã>êeòÓß$Ä= 0ŠâÝ«ðix•7‰5Sj–ln¢ÚÚ¥U

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