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:98336784 0 NOVERFL:-1 59 0 MINIMUM:0 MAXIMUM:443 NONTIME:0 NLATE :0 FILENAM:fastscan_01_0022.sfrm CREATED:18-Oct-2021 12:16:02 CUMULAT:2.000000 ELAPSDR:2.000000 ELAPSDA:2.000000 OSCILLA:0 NSTEPS :0 RANGE :1.000000 START :21.000000 INCREME:1.000000 NUMBER :21 NFRAMES:180 ANGLES :0.000000 0.000000 21.000000 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 -1498 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 :1069.000000 98.000000 AXIS :3 ENDING :0.000000 0.000000 22.000000 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: ...............................................................A;9JAB9?F79D8H0=@87A=K:<=ADJMHIJGJD;5GE>7@GEGC9:?=>@?O8G>>/0>1C==;?KG@?>?B?=I7K67C,:,JE<=AHEI?A8*G;H:GA9?>8C?HAG7GCIG(.A9FGD;3;?E>I9<6>E=JL/;D26/C;1A9E@>A<+1BM;?B@-@F:@:>?PI96A@3A;C5I3;OE89>F:O<<@IG@678EGB@<3IK=<981DBFD7B;I4JCB9=HC=@E>9<49H58L>A?=*@@CI1?2A@6HBVRE=C7FD@H=@H<06K74(DE94F;=MA?;D;NPG>J@<@==BLECDB2EEVCLBJ@GBJA8C10HD4C>506:>F71@H=3>AG;7>KPJDA7H9D>:04CCE;==C7K7E7@OE-?D.F?-8DH87=N:C@K@=B9B>>BDEA67'A/MEPCO0D>9I12G=+35:CCD79KA>=D>AD>HC:ICFDGB<2>D9>@H>EEFDD7A?>ACFMC>H7E4M?3GR;:51MAS?5;?=DK+KAB=CBM;@5T8LA?SG6GH>4:;6;?EJ:KPFH??4@B>=5J8?1;H@H313M>/;=G=MM:F9D:=1JIAI5D@I3F7<5B@BAHBHC5@PHHOC@8'B7=J09=AB7A?QIFN4L?J;DJ@6>F?=FJE?F9C:7GJCO985DBD=J,BBK>:AGAA@B>E.ABO69O9F520C1716A635B8?HH88/ND<4KD?@H2@<@B9;F=?RN;AL5RTI9;4G6.<0K;LJ9<9=?@KQ71C@H>;E,J@1;@A7I<>=2;F:LG(KB;1@5AHG=CM@=7;GGBL@@>KAA@CP5JNE>HD1@NE=MH@I@A5B@=<=E:;JSBDRF=HQIKW:F7IMD?C8>D3A>?C19EEG?C6I>R@>C>AF94OF>@DB7O.CB<5QD7=:DCF<;>N5AHFC@3CFGBAFG9HCX;7EAD48?KID?F85=AAHA,K@@ADHG*B>MG@*=EB>69F>9@4A:4><=<;3=H<6=A:5>;7I=7E?G>30C=6K:J?AIA8GF297HHD=<=B9;7GGDD:D?A4J5E8A(G@GB@E-F?D.J8?DA:E8LAA7@JFFA8LD8SFF;>JG5H0AA+EB8/I6IF.D>BKGHB=D<<2;BH:6CG85A@;7EE<5=:EL4E3AGECBD2@EF97C=7B>@JJ8A?@<<17DGBB>?MK=B/ANFCB<@;&@KE8EMBAH;?1CP637HCJIBC;E24?9D;===GC>JA54@F:A@B<(4:G=5C@AB2@I;HF:EH6&6:>BGDEE:A=1BJ+2<;=H>A62B7I7?M*===<7HDG?D4JAG128ABFE@36HD:7B8:6A3>EF5@BAA?AMI@5EH:B;=7D=E5:1E;D:==;C=D=Y;IBC>F?BB8@F<81IBDIB4LA0?DA?AC@+AFAIGPDGF@D=?:3E>B?E<5GL;:I>A7JE>B12<)G56?>KC4=H=HD&987CA5EG896B>FI=:?F86+H6AD>DDB?>C@7>B@F:=3F?78KB@D;H?A9,E>4>@DHGLI:6BQ9B6AJ==>2+>@8AWNFCEEB?B><>FN?09?DI?@P:D0@PD=8A1JMA@I>>8C2>A:IJF8:/6;D=CED5=F?G-E?<1KH1CI=F9I;H:5=:AFD43?C18L=3H;B:A>D@&9DF>J-63@IGG+ABK@CCKGBE;CID2?DLHLC4C8J;=I5A;E>F@5A:;G@AFD6BA=HB70C=@=>D@4B?=?C3?FGA@@ADCFIEEHH:8:779O===D=E?H@;785=AH0A7@=M6;2?:5B??K22*8:94HII=A;F;>B7C1>B5DIL=>9FR@B:KI?C;?F@0KGO:2DC<+A=BGACA>-2AJ@77B>C?ACG4C6BI5 KKAAB?:)I@L>318E@I9E?F:A3G@C8P8=B95K9C<;@L;4?>C786?BBB5;1GCC6BR77>AE*8DCP2=>BAM9&51=7DEI=.2IG=G:>?J2LC-JAN>H?CFC>J=/>CBH9MBJ>ENA;CCA97>FJ>L?/;E?:8A<8F@(4A@HAI5=EI@9IBHB?GQFD49ND@H4K/F<:BCBE6FFJ5A?H8@8I@-DEIH=B=:?D:ADEI<@F7)N><0:<'I4G6?EA=F=:-@;03HA>9>92B=<1G;?HJD=@6?A3@9=98FHN;<0D>:H;I3C>6$=DHAB>PAC;AB7E+9@=L.NIDCC=@H6JB?HAACAAC7F@;:EHCI>DJ/AGANG4KF9;>E@7>@G=H9F@>?@>@E6;1I=AE5J=C:;72B>B9;CBB>7J3<HBHC?C:EJ9C>=6@;>11MFF:?+E-,G@:LCB1@E@LFHJN)N>B?A@;9BB:)HI+;4B/?E7D9I55;FH@7M2BB1,D6BC5HF38E?9FD=K?M:;7;0H77E>18GHCACFG;I>L>N9C:DTDLDA9?C?8KFDIJ.EO?/1K2=4>A:EJ427I;>JBBG>OCC9HI?DGB:HD8F@B09B=@+A2A1@BDI@CBAA=9>GB3AB54B:BA>B<=@9@AEC6?:J=E@=D?;?;H<@3EK=AD7AG?FC>K=FA@794=BFB3SG;==CD16I;E13NF=8898B90@HFBDC-0>3HG:CB:>>3;?:H?7AE=BI?AC@?CA-BB?JF)H2@=RG12=HC3<6C?47A??9O:GI;EN3*A3=>?9?>7>@>B@77A@AH170G2E:9C@;76<6A>8FDLCEBA@DR2I720D5O@?A?<6?>L09K>GJDK;=?L;6<@L>5899F3:?HF>AE;BL3<<9=H1>@AFA8>07D6:;<@AEG;BC8;A:L:D=@0F:I:9H?C==DE13C:J@L6DEA<65.L:7BG=5HF31><@:=.94:J9D?C=IJEJ01>=LD1?KA<0<:=ALI4?649>CB3?<96D4AB?A3JA1N:J4@D;E.E>NJBK.AGL7@7JBDLH,5CDD=@F:LC6IGHIB:AKE9>5J@D=0>??9G>MB*L>=D:3A34OB73A7>C=:9@H-CA;3A=>3E9?DC@A8;9I:GK?G53;>DDG9>J?3A=MCDBM4HD3GD;:8<7EDDAKARL>CCCH:74::::HH.B@==0=:AOA=F@:<8E98@IB?HCI/UAB;:H>F63CC?:DG34E:7DB2>@A?96LD:7EKE775C;8EBK*EM7M-?F-GE6=G:8J@JKB3@9<7.>+8@:2M@F2K@F;>F89Q;B7@=:E3CFBFFB?AK9;651KN<?-<>>@D@6L7LC6<23F@@6E?7G/BJ3RCDI=GBAH>@=?N8?>=:71IH.C55QDBDFG;D<88AGEFAGH2GK=DC8G95CE99@BNIHM>ICM@EJ:I;GB:=L+>E:==2;B;9AAA:?BG;?:2?=@/;=E;CDJ>:AI6=GAB:CD;JCDJBM<=1FKCADCC.ECA':?:793?HE3C8A?18@C=7?A;;>C8AFJ@<4>IE?/E=;H7+1Q6C<=?F;IA>D7EHA@I3?3@9;BABA:)DL>?CB8=9MJ2I7=9@?FI6@8?JAJFO42=;@F=A;@:GD=HD?=DC:L->=GAG:7A>EE>0>1=19=?EFC0C=>9D9DK4@<9BB:<6@CDC9?2B86*=FAB>;N7?>DAEFL?<;BDHFE8EC1EC:BB;G@BJC7;B+<A5HCL;84HC=EE?D@;AIN:@8OA>E>ACFEA4CBH@=D-9=I;GN<@;?C/>3>@;>?4@ADDFFF;@B>B9AC7B6DJ>1EJ:>M65=A<5?EOH?7>;@8G6A5EH@B>8DG><=?A/DH2@<1@A(GA91B(E?<=J;?6?BD7=9F<>CFM@D@C0E;3;F99@?6:AE9A3?NJI4CF;2F4J@D*43-9@>J39IC9ODC9<@2D9AF=E@=CIA8:?AGFRCMDC?7:5=6?A:.K;CBJ98=@=<8>ACKPAA@>O=F59C8@@CB5JJ=3IFLCJDD2E5U@B,?D7==<=N;J=886>%3?B;:4<8ADC=@5>7)<5@F0FBKF;HE63>I8?G@A3;/37?I<;G1AID:FFLC<FA79?OAG9G?F7==83=87:=A>>@8;B:G94G0)6*A@CG7@5*DJB@N59E=DFB=1A?PEB2FHB*69BO<>/BABE9?E9BA7=B8@2BA=CD:AEA41F=L;ADE;<=E?=I=6@=EGGED56=>QBF4BG=?>B9;H=6@=36<>9FC:>5C=HC@@HE=>?=696D=3G96B?C8D@=;6H<:AD:?82G>G;?DN06EHDGE=,@CD+AGD=G?>N?:9;KKOADF:3=@P=M<4?6B7CH8<4@58L??F;8KE;CGC77MH@?.F;@E7KC?7ECC3@BEHD@7ABD=;G>96:>?>ADDGNA5C92HF>G@AA9C>6F):?EA:>;I?59?40E7:HPJ07;+9CD@G@4I@G@@J;9D<;M:L76AD>F?>5:4>DCA7?FTL769C1495A<7DB?J9/;CFC4M:AG;F.>B8<=D*6?D?:DKB1@CJ4C;=<>@A.A@37<3GDG1K?69:D=5GII,01A+/D9=<:KCD7BA?;7;8GME>@9BB/36>G;FAB@E>H879E36:=AH8I=Q=>>AMFLR:>C4?B@>37C?AB>27?GF3H47-9CN6=A;F6?D57=JFEHB8:D7@<=3CCM9DC20EBA;B=I?G@6@AE6=;F4CF6;>9G>>>9DP?EC>B==37:+ICC4N;D?G2CF6E5>BGAD/4IDDMGK?;=EB@:AH;DIA09DC4W?-/EAL@D6D7JC;;C@<@:@ACGA0EF:BGR=9G7EPFIED3LA=I=FH/E>@-S<=I1:F4FJ=8DHI>@MDHDN=<$9&=:<=FB>A4?>.@?@B.B@>?CM>E?;.?04>8>?AG@D>?:?4@262:FCDABIDIG=I@(58>,=J5A4D8*ICAC9?=.495>I=?>B;4I4CB?AA?!?=7R?.H@26D/5OM@<:HD2?JJ4>BE.;8?28D-C7D>I@5G?:.48A4296DNC3K#;C3?@BADFNB82CAJ;2@:8?K1?1J;Q-TJ?8V9KIDDH7H;K>95H7/D9A94E@I?BA?>@L@>KD9EEAAH93?/F:?D;9BE=B2>@?GI:/&AAG75F?GI@;?>=B447+=6HF:B,B=6A;A8>7@H:K@@$=C2;18;>3C5819@8?=A=3D85A;C;>F9?8C>:6EGAC6D5=4;;E8.I2451;67?C:;C0N/=??M/:H88I>@>?76+K@7/E=M2<,,>2=E6MGFJ<@=;4?I=5:FD:>A6E2:>?BI1:9EACFBB=A8>4?RF?GLHEBG:>AG9D?G/NJ>DA?G93BK5HDEGAH@BFLAJ:=D3@H:D>37<:FGA>F@C=EEJA:@/B5=F06E?A>C:@7=KA8A$E;@HK>97DE;GA16B=>HF4?=JC@II1FK6;B932A?>:3DCK>7:8AH;=@:E>B+<9@E?IB7MCJD=9@4?4E?@3C;@:??B4F6F2B=>9E:H;=EC;:C6A4;C9D:;?=G7O;3D1HN8DCG8BD?A>@HD=E8???H@;@9D??1F=HEI?-85H>BBAIKGC9?8>J2CA9?AECK8DAB:GJEH5ADKN6D<3A<?9;9L.31JE@A6<7A4FFBL:G6-D8DA?:;E=8FA>>AF?GBG8H>?E2EJJJEAD=9DFF@@B5FA5G;??;=LAF5AAGD=F>@E:K=J9QELG3-@2G@@@>>=IF6=8;+B;D@GANCAB065>=P65M9F?D=:@4CE0=13BK5=ED2A67@I@GC3>@H6K5HDI2>=KDL:3ACK/94:J<7B:MJ6D<85EA6:.CD7;<9I@F1G9NAE@<8@.I7>CE@>=23?>N95B5E8?<6F6>I@C=?=ILH>CC@A:J;4F:E<>BG@/KC?;355400;>9>7==@<>6B>F7@;DGL0.@;5AGI>>8@;9DI8DE/3>FK9DC19>>QCCK9BK?@9;A7N4::G>6>AA0FK=ECCHD'31;I5?;CF@A1HFFA;4E.:BG6F/7:@K7;4@530<9?BCMIO96A/32?2+75A3>KEAE>?=6?H?5@D@3*2CD*37D>C7LN?>E2HA>>11B,=M>ADAM=9B?B=CNAD7JEE8;G:L;S@>AIFH8H8'CJB7GC9K@AMG;BFB8EC==?716C5:3DE7JC?,>=">J4@@DDBB:A45>+CB1;<:8B?3>:4CG/@E7IHCND<'/2PD6@C>D45=B86B0B6;>H8<9>E<3>/>I65=@*BN)L/9B@C@:CC@CCC<7G<:E=5>ED8ABCHD8<7OC?70FD>AID;:?@9+I@25K6<9;532<:@::E=>6K<5@<@*?/<68D6HF?:AG==8MJ@>BB2FG7A/H=9:@KB8B77@@GDF/J@I=,E7=13?/?EC69AEF9IF>3>BC/><<@/C?A:J@-R>A+@;?4ELCMDA?E5=8:DDA1@@E/0;8@-AG;=I9?@B@4714G;:CEDA;7:1@E48;;L>;?EF7I>L=K?>>8FJ?CEHM:?>7H6-H;9D<26Q>4D=1L;S@@;DK>HH9E:,BI,>F6G>BDO;EC63=E9AA83>>8J>E==GD>E?E1@:>;@HAH>496;F585/:H24C.D28;F@7FHED>C3>=C=9GA/6=GE=G94?@?5D,6J7B0=@ECEE:N=F>B>;BC7D?B=?ALP@BEA;CEF*=H+<@4=K;0$E96A259>B65?,37:?4=:A=G6<6F7?8?INC=>I6DBD4D8FBD*E?IHG3B3C;B2KA@C?E5KC6M0,0+EM>9E.:9AG<6M<@BG=<6HFB99H?;CCEEF;2:=SA3=>=>EF8E>A1DT?E;GI@2;CEG?A=?E/78B;B0IB3F8<3E08D87B:AB:BE=BJ?P=>BA;E:ABDJEFA9;DC6B1GFF@EDE3@7=:D3<H9FHF/ABGAG6?)>I1>>EL>BDJB?E?7<;M48C@.A5J9F;(N5.'@;=JGCE,D6K?CEAP>L5HE;EI:8N@L@3@I:BF::@=74C9GB8:/=59CDH@C@@M>F:A;IMA@:H8CB@CEF>AUEJ:CAF9GDP>CMB2C>2@>=KB;3+FKHBB?CC'>;;JC-IN?A;D>A>@6J8MBA%=9%EE<9EEJC>;.FCCBEH:E<:9:5K?>DKHH:><7:L@@2+AB28MG<59B<47FG>/===46CNO+M978B8=BCH<=2HB0@217ISB<:0E6@C>:>I818C>24?7:>A?M8=>8F=8=@49?C3BAEFH5?IF946HM=@=8D:ECC@?BG9>@48?GHI@;*A9D5F?=E2E/<;?G8@7:NEJ;L??NH6DGF=@7>I8?G?35?E29<4;K><:C<=ELIJ:+:GBF?:>701LAF9NAH@3<92?=D>79;G;C1:@E8C9@7>?9A<4>==:?J6I;@>308CFVBCLI;:0?D:G@9?67BBFH6F>B@C5:?:A:'@EC9H?BAA8:?9F9GDF?@ICKF=B77-7HEA6:B>;KH?246B:</9?<>J=I<2BHA02:>D88@=25C3GGF;?G;5GA9=E:D.H7F:<1IFD:E4JC:/6>?@<6BC;7LB==BC7F@6:D;:?:2<=8<5>,EEACI>@?G:D<0F6:55,J@F13=85<@=D5:FH:><@?/J>E0).1CA:8=FH2<:>B9JG>>=+BKF>->>CFA?E56>2)<@,@D62>A>53D@/AA:8C7@I;/A>8=8HAF2EA9DJB?D9.56P/?H:C>@@2@A5846:IBH49=CAK=J8/1?AC@IDB0C>44?4<@K[>BA>KHA;=;A9EL37:8F-<:E9?D/DN=8JF;'?198F?74=BB8?95:AI?GGM5D?0E=>@267;FBU0-E<2A@232B8CD-<@8E<<>CB5;EE@:LD5:68A?1:K@J<;@HBG8M=,2=CPB@E8B:=MBCJ>@:>9G886GD@?F>@IH==8>FAF"LAB8:1?B=@9E:OLA<;:K&23B@>3CH'541;D:D??>/J@@:>8DB.L?7F;N=0L5;D>91A<-2><2;)H-2HMFNG=3GBD:=?=MI9E5BF,?:@@EDIE<-6;AGD8?D=?D@2C5?@A@G><-AG<7PG@BACF3=>@PMF;F-A=1AIHCD6C6:;8E=&4CD9B2G<:9;D6FF-6B7A.K6=AF=9CBA=5H-B>LH9=AJK63BAAB=;;=@;88A/;4==LKDEF?9BH943C?2?5,N:MLFL9I7IB@HG>><=><.<7D4AE>6>@7BNL857F8D4F@G;H@EB:G@;4N?N;A<-6JB1D>@EA:?CC==>BO+H2=IPAF7ELBBJDJCCCFA<:A6>GF?9BHD>/27S?3BI;:JK<4?@H>GCK=?AD-7D1>@GQDCPAABA1G99>98BHM=FAMMAHFI=C5JC2>HG;0E:I37=C=1E4PD0HA95S;AKPE?9?A>G?;B;=?>A)C8AHE=5BA@99>B@EIH3COI?<6C<=ACB;:D8A;<=?7;C;84GDB?9FGECJG;5.E:CDCH7=9;F>KB+EN:H>I?FDBB<-J:I9HAFG@B1?B-D599;A7N@)?E>8=@KBI7=<<:8QH>>LD4E@H;E:/=>;G8DG;EDNE?B0I7D6BD?=H42B1B26=EF7B40;M9CAD=I1@F96.;8..<7>?;;JH35:<=6K?=5=@<5?@C/C8FCA;C=9C<=8@6;C?@CGB3?*JI6<;??IDQB84MEDH:*;<46D8F:CB:<@=9;56.B=6%?43=I>6:=?/B8:@>>J=AD,DA?-<96;IF?>;6HBH-8?=78;I:?7DCBG6'>B47;B=F>1A6@69PC8GD>?PBCAEFB@=>?@6HBGGB869AEI>>K=>=7<>DIA::5=F<4-CK4I;?29H@DIE8??=B:;;*=FA@*?MCAG->D@3=E02H1:AEB?K&?>@<7FEJ=BF4>7?;CAC=9?5?34EC@7CG/@8:A71<9?@?/AAED@@$AHBCK:G=HA"I9HC@ADOBLKBKH<=?F=3F<5I?HEE><==;AGQD69MC0A:=<8296<@E5=G=3=>6=B;@28>C;GG7A@B>E%7F>IC@B=:4D>A=1:D0>BHEF:G>D;@B24(;=8F9<,CAJB:CD$,L?:UE0G0D::3L@;4E?IA?6E=;9Q?6N5=>;5A@MJ2<:<5?:GEJGD14'G>>*AL:2J;44D<@?;HC0A9=T7E7-IF=N5/LAC8J2N@+=6B6JJC=A:2C@8D:;=3KE5@LMC9AHE1M0:6K>@H82D@??;6;6;G;1>9?C8.PF:,?AA6'G7::>?8?;IF@BJ9-=;7JAFA;H-J7C>:?N6@K36>E?;>?CA5:1C6@@>JN@ACDA/JABCBJ.@R284H9==><=8P@5:>);J>>5C:BCA8>OA@I&@J5I@D%J:G<BGE1=4-D??G@;D:?F;6HEF--B1GEI89BA1@89=>7CC@C?0/7KA<9L>8A?=CI3ABAA.;@D=;>7=BAB>59HE7;HAL48B:>D=<;@>1CC9KFC=A2C8?T9C?@E8MGDAA:AMI@K5C@D>=@@H@2AC7PALKE@F4?7:IA8C>E><::FAD=GAAE>>FC?GB@C:@8@?I=D?L4OPD>609%;?1BG74@:HPJ@7KC@<EE8A2D2HBI6;@8G7?F=9=3FHAI6>F;I34JD@IA=?@DM9;30>=?18@;?'G:L3<<8:;F:A6<>B>@DEEJ:;I=?::BA@?7E>AJC;3B;D@8;B849HI@A;E8?2@<5FC=<99<@-:@*FD=C;?AH$B9$>*?755A75>G;>P9A?=J6C<@@>>:@J?@;L>I/5A)47>48B9I=G@96EG:LE?H=IJ;FA?EB3=;@AI?;52I;B?4EGMEG<4D?8@8B8=9-@FD>7>F>D7DFD>:G8=<8DG29@>A0G7M@)?B>?DHBDB@>D*/B>CIADBQ4LG??B;?8A:==6CAB9DB<28CB>=9CB@EGFILE*?>GE6>?EA5;9J8//@A3BBD8;F>A?>;EE5>?E79D*D<=/>?90G4@40>C:DD8=@1G=;F>4:B/:F8D@8CD$3BEBG3@C2BB89896JC@BC@7/6?:F>=98:CB7>88H:G?NDEIF7>98>CG:>8HHJJB@97F8<2?H@67L3?3ECO3DCB?D.6@F??@O?//-E7MA31GCJ;>,K8C7LE?2P1LG('5D>86IHBAFD*;BBIBA3@==4H:<;;CI;(H>I5,6C:;FC9F/1CAB67AF=>>?EG1BN:J4EE:?G7I;?A==CIEB=>=D?PE<3;LF9L;:J4?=C>85H:@3??OAD=KIJCDCIG>JD;.#7EBB@CG1=8?J249BE6606B5F?><9I+8A*6BF4A0F9A=/>A@A:IDHJF?@AC67<9J??I9FCGKG9H>>7DA;FN6B2?9ECGJEF?8C;HIA>;>CLFF=;CF6=J7A<:5:F:C;88@:*EH5D;0B,B?AA>7:@I8BG/CA6=J=@2::BFB:F;?CC2BF?J=.@@7*930G@N@EGB;5L.>9DNEG@A8B=?DBA40@A-4JE4B0<@>2=DH6B,<;2FBCAK:.=CDFF=D6F2>K@<5?:J=CC/@?,@JHAAMA@?E6E=:>HI7J(:67D=<@A:@E=>=:F<8;F?:B;AG?>DBH;2=C7?@G@@IC;HKE.C0:GDCDF5E6AN4C:MFJ:B>>KDEA>DCBC75;@B=28F6BA>=59:B@DHCFF?K??7B;IHBE?>DHF49@4DC82DGI89?;>E0295=85G,J0@>53BDE7@IAA8EDIF:E??4A:<>?AA5=G26<@597@?9AC;91=17:9D1?C?8I;5=669J;HACEKMD@96,B>0C>9=+B78:;>@L462D@A?6EJ.?01DF:JB@?4==.FG83A=4>NG;;;1DAAF?;8155DD;CK>7A4=@:>C57>-G:F??(:E1C:8GI6B>A6<;>8>DA/8A>Q./?9T87E@LNE@:AFD@2E56FEEB>I?A?EEB7?@;G9:CBA?=377@C?B55/F;/F>-<2?6->IG>D>K4?DM>B@7;?895=LJ0H9?>DBAFF;E4B4GFN>2=7F8IE:E=A?<@9CF@RAAE=E3HJ=I@A;==G@:HBEN>G7@UC@EAE3@F<9JCM>DADO@B=9A69>:EM753@GF?E=?=EA@E;:BC>F??:@M0A8I@?@)32I@>OB;<;>ACCI@43H0@KM9C:;>48I5?9H=:.AEBBD;:=3F>J6>>@A;@E=I68NA;GE/9H@E6;E@=D;G?8K<;CF;H>,>9G(CI=B.8;9>JA;>28M)?<;:L5<6:==04B;C;X?>/8CA5AHHQCFGA?AA8?>N@?2?C@:=GA@C:)>>>0A?E0I88?00I8:F?63CC?92JG?C28F.1CG>HII;=G6;6.<:?=;/?EG7:-;?EFG3>@9BC8=H>E98>;94D?;;;DQFD58;AC5(<3=K<=:M>@/BB>2>>ICDD=DD(,@#AM=GQ?E/9CH4I)@I>-G@?:;<;=E?>;@KI4/:>ED5A:4M;G)DCFE4:BJBCFJ<6@5S@>BE>9;A:M<5BBBA6QCA:GH?D62=3A=563GH2NMH5BGDC@<6:25FCHD28G*N<=>IE3JF33@?E.H;E@D?8:FF@:EAB9:D4A)19>PF>E?;1K9;HLFKB<8>:?AB@B:E2DF>9>AK;GDE>1E?;@>+8D5>8=:;FG;51L+CCB@D?EE=2A88D7COE2AII8:K?A@GB3L8OF5;HBFF;DA=OL>>>Q?76ADD4K;>A6?EH8=@BHB>?.D;K';OB=??>7C2>?BCD8?B9--.1F;439@:>.=I67;=DB;5AD78:ABD0BCJE*@D7=46.BF)8=@@;,;3A<>3?8A6NFA9B5DD8I+IA35?@7@?5CF@C;3==:?DKE;HHA<8C=8I<.CBF9B6D<:KC?A3BCAD85E;5IG9=ABAC=7G@HABDD@77H@=@-(=B0IA1CFI2<LJ7;::I>@ADG@76>E:DI;5DB?ABIGIKG@EB;HE:IAFE8C8RD>HHH4?9=0KDJKL=EB2EIFCH9M?A:C;C;A>=AB/G1C5M>DD?F6AF7F5C9<;7E@2=A;G>I6=EFC<8@CAA=6DH:F:<C?AL=?:EH7M4;HC?L55:B:>@::FC15BEIB1=G@/72KK2AC2:GL?HD-/CC??=/D-6=2@7<7?>C3FC+G6J6?I<;-?EC;606M7=0LK3G79BBJ?D=H>>CB9@;E-=5=8B61DJ.J<9<>BF64*@FD?;E4B=31C2D@M80K-AB>B//FGA6V9?=?N9T8AP:>HB;4@B>X8<<7771J2N0O@:9D3#I:67:><-E1F8GED=;9?B8>@4B9;2BJ8FH:B>JB9582EBE?CI>F;@.B6;&6>?0DAM><6@=>A@HI.<5555A>2C<;>><=@<-B9B@DA4/0AA;?D=FBC><>D7C209:H:JJB?D:>GFFJ,F>:?BF@>G?E3IC?AFD:EA=5?=J==C5FIA27C>EEIG>ACO>A)480A50:KAK<4G>?>@K?:F.C2;:>.>C@>9;?5@F:4BA?@);9@A=IAF+C=AH@:57B<ELFB76;B?;I@6>@@FE;5:H7CB;<>:?4@I;G@J::EHF?A?H?C9JD;FF8I7FB=2=@B96:0DF7?DE8GDJEEBD82D767??51HHH=1J8>?CH3;FHKB;E@:E7L@=A8>GFJ8CGF;?=:>B8<;@>?CF3K;?@;<@=O@D;>K77<::;DE9=C9?@JKDDM:G=?@>:B5>G?F6:>8888E3??5K1:51:>.?>ENK<9DD6<:D@I?@<?H<>D8=A;;GEGC-B@5DG37CB*@"3;E6=5E1DFH2ADB9+*>>9;>M=99B06=8D%BIC17*;E:=;?AHJ;>>>8B44&4AL>DA=F:7?64H9AA?<4JB41>+BC=:@8B??>??G=CC@G==E9L=I2:B5A9(BJFC8;G@62);FB9G4@E49I:?;?E@7D1;FI?=@N78CC:E<1=-:BD5@K7A24I<8GDC>IAE;AAA=>IIEA<9BTJJJ>EH@9@9HDH67>BFG9?FAKCKBCNA6J:)D7?G:E?<5DF4JGD9;@@@9>@E<4EBD=;:GG=;E>4@IEM=;@AEB3OCAGGA7:A4@@>>>>JL,HGCI=6AB8C=<6A3E<:=B;GH<HKE92F@K@E>3>8?B83@>E@A=F61=IC=:@CHD?F4G?:7B6$H<95:>BCFCF=A@@:8E.>HF:/EO=<>HC@:AD@CEDLDAN.?BT;@8H.2B4O:2K=?=;;Q;0C=L:63@JD?NM@HA9B5?CO8MA4=HCAIH->,@MF@B?7F:L18HHT5DM6@J;6C;BOMA?3FB?@CF,CI.CADRI??B8FIGK6?7=B=AI@:HGC9?:ED5HGG52C$D@G89?C@M9BAA===D4OG;5C>81D58E+@7<<1;:5BK7<><77@JJ@=C>FD@H@?FD;=?L2NCHC;B:D%791D/@G7MG714@J:BRBBF<57=RLHG>6DD>772>H@D09;6JE6JB@HB9I;.HB=;CB6=@7PD75>;2;3D3D>CFC/9>?EG:B99?E<<=4AD:ACKNHB>>=6;-LECEF5D=I?:C.?,.>8A;*@;C=?F8F:6G;:.?@E?CF1Q8@FF69A8;>B==7M7B5?CJ;F08AD@@JM:I9=ECL;DEFJEA>@LA>E8@7HH@=:LEF9OJAK;J?@@>9IE3AB>AD:>C38>B@9.CF==DFKI,8B@;FC@>;DA7B@=?DCFCFFEEB@2B69OI:=7ELKAA;GW@GK==8@4?BC?F3MJ:HD;FL8?BG:8EEC?9DH4==BKF=BG89F>JEAC=9A?B=3DC1GAF657H@>7F>GA<@AAFMGF52EA;?A8;@HBC@,B>4==F8HA>J@6DA:EDA8F8A8IIF99+:.HE;28A=H5:<+>?GM78>6BA7B=C3EF7DG?@HIK?FC>I?598@@G=>FBF#BR/HH=L24L?BA?/L9:<JH$EH4ADC(EF;<=3HG?@5B>9K>@=9>9:IBH5?=D?>G;>?K9/C8E?E@K7D7HA8@A79:;@;E:D>5+FG:8G?=CFA@=FCA??E:3@@/1=M4A=@6BC4CE/C?@5B9A78+ACAEB@G@MAEAA;E:;1F?E9BDE@4;LN>?AB353EM9=>?1H;<<8;G?>E?HBDBH9MCACHB>=?6P9>DGG16A>C7;?=@97C0JJA6CFC:C1HFE6CE>D48A?=C=KF=I;B=E@C7?BAI1J?@DDF81>?DG1>5=A;BK.@=HA79FJ=GC@:EC:?JD<:0O8;CBAC8AGG>5E8?F??:?D;7@<$G9CCB5;=C>?B68JD>JMSLEBL0C<>4,HE/@4CGCHM5B+CO>F<=>BAE3=L9BADB>@CCE?2JAJ6C@>/IEMLH@<;:DA>@NDA>JI>??46@?ACFFA?2<@ED>J8:*DBIB;BBE=9M@=@:0A==G=@?KP9+C;GHH5CGE2EFK5BIDH"76B>H@:>@8DKZJ7'5BJ;C.5@EIMA=>;J=H=FF9FHJBL>DF>7A@DF956G5A9A/>CE5BAM@;;E?FGB,GQ345CDE8L9==13C?C>;;/;==BA7J>=@5?J?E=;5;=M;/==<>CFD-39CD;;@7927A=6>4@;8F7L>.K4;7EEDBC5D4==D;79;:<3H;6DLN29O:E7FC?;CJB;0ICAA=;BCC;4=D5HD:=I1/98<<>C8J<4AABGC==C4?@>H:C/BG:>==6@DAA9DBC;;:9,>3L1D:8A>L)=B6I.A9J=7:KE?B;CIM>:BNIDQD6C;:H9HAB6HCF2GBCIGCC7C@A2B8BM4D7B=2;4@EEEFN?ECG7?8OA3G?E:8?RCF?9F9)IED4=JU=D@CUK@;;BF/IJH;=8B>4CB(1/>8GAFH@A:G@B3=B5:CBG?<;B7BHGH<.KK>>KK56AJ2=@I8CBDAF>;@;2=>B=B>F>>EEB1845:D:I>;D?;8DBBIAH9E+JD?Q92ACRC8PB=8D7FIG:?DH=5CF*<<;:.CHFG8>H:K>@6G/DGL9B@/9<-:<2HA61D9=>3E8=CI3>A>BDIA9CJHB539;BNI95@>>=->99>2@ADD?BHEK66FA,B:FB?@F4:&7HKC/<10G@J:>J4"C8@,/@907>:6:BGJ6>8773GE6G;?E>CH?>6>:;.@<<>@5G19>527CD>G;>6P.4.B9(A6:ASB6@4?>=:9DBE5?;?>5<:?69=CLD?2;9>2/D@D>E8CAC?;9>HA8G0/?E?:??;C4>@=I62GBH5D*DF=@?=C88JEF;IB7?;/:B=N9BHED=:;7=A<;F=<:J:I>=EACDOH9A93=85>DE/N.=E;C;>4E8K6E9;5BC7G>9G><87A?B8=:@=DHEDG=;H?G97.C6;ID;C0DE70@FJ=;?I83-D=M?G7EH9>D<;>H?;CCFC?A>B:5<5::98FK7@9361>?<5;<796@>>F;>@3?>4EGDFFI?@EG9DD*>G@GDECD6<>@@4C8M54-/A==<:B?<>A=4>?A:<>5?4;EEC.L=K?DJCD6G@K6B=CG8A>O;5DO==4>3FGA???>CE=8F@=@PA8DB6DM(CS=?I=J0P?NF95KB?GEC@G4<;=9724C;:>197C6BI>319?>L=AC<38(8BN@AA=A98>9DBEC>C89A>E69?A?=6C7BE=:9@C@>BA9CJFGDBAGB2IH?@?=;FCIL?3GA9K3D9J5E)EINA32?8;98RBDFCAIA?@H>H.K4+71AAC>;P?69-D?T=0;;G=F8/)1>N75289=F>?3DOEA<)<+:SIE?2;4J.9,K5B=@@?>F4KA<8FH70?E?<4/6;=66:J6@28LJ5/JJKH46>@:G?ACF76I<5G@79BC?1>DD>>QA0=:99>BOK79@4@ALB=BHE?;7?J2C7>>=M75:=,DFF9;6:8>9=?7=EJEEA:FMJ87J>BBDBGA@FAL,EJOO?@C>HB=?AGC:DAE@B6D@8<7=?=EEA:F=F=DD@D@?@3ME:>E@ACE59>6K8C9;)7=@EH5DLCO0?APEA:FH@B6H;@6HBH==F:=;I;EEE5G:F?6EJDG?:6>@E>A?><9)33J@3593;A>?IEBB5@98=?7:O0?-CD?AG<-D7381GF>9::BDA;AFA?:;>1=A74A)J?9<=CD@C@A==A<=>I7?8BJR,C>;H=->IA6D>?HC1D7;;FF::A>=MEBD<@68A@7OA.I@;=E=A7F??AI?CFBDD??>7?=8::0ID@67:ABCA=?@E;3@6A><8C>9279E4E?R1A@649D<58E;4J6>*H=52=?:@EIF9CD=GA9DF5?BC>C=<6:87>3CG:4A??E72=C@68:CI4<4A20EC:A@/GF;IEG7>D84GDA@7?2>H83@H?96JE58@BO@;0:-=H/ECKFOC7G85:469<8A>A2>7EIAACA@.AGBG@;@ECI<93:G6?DF8FBH;JL6INEF26ID6G>DH6B@K*K7E>@@9:8>G>5=?5C,DE*;.>B9,98KC82>@:H6F;EK:H=E:F:HKB@FH035FHA-7LK@89=81?5DB@26GGE:?1E5E+BM<2O?9D16;FBE@>9*789=AC:A>IG-EEJC2B17MGDD?>>E555C"1GDD1@B<>@/?:71@F2>8>G:6;?3?7<>62B;<:7H5F>8ED5:GB9HAB@AB=FE8A8D?9?6@;@9B!@G7@?7AN>:5DD>CF;>6CGH=?53/-C/>>BED=9>?>!8@88>A;87CC89I=5;E4G?C=@DACDDCLLAHAEOH4AF!@I@?;8>CEBED9.K77?DUCMF?BG@CG*E>>KN8DPFD>2;@7B<79NIFE7/A?4=KB67=9:G,F51+F2E;6>:7DE>FC6597A,L@:F?;8=C<@I;@92C@C=E5;BDC@AA??;?5>,J@FA3=>?9@F;=?>>>CH:9A=BT@E/F=H87<2DB19@F=9U=75-B;1<1A;??BKL;?HD3OD5?>5E;;BFB;J<2QH>@H3?BE=A8AF=:IC-F9@@>=C>?;AD<6G>DD;B2AKAI4;7=G@)OB=CG85H;:DBM>K@E5D=CI4,OEM=ECD@>76AHEC;ELFJ=:=C=9EHB;8HE4I1F@;=7===F=5HB9AFAB?>C>6EA><=E@F?A?EA?88==DAJ=7,9N>?OE04AO<2;HC7=D9E==IFH?C82D@B>C??@DC;A4H7E;<@?7E@2@3GEGC:61:A69>7C>B7D>E9AAE67B;D9;ED9IAG7F?;B9?;EDG7L9A>C:D@E9:<5;FHIA7E@KLKCG:H8F8;H<046?:NA18139CK<7@>E25,BGB=B@:A==353<6CFA??J==9HIAL?F?G@NEGCN6FIF?HKF29<2AAL/?IBE.G<2BB5L>7@;=D?D@@I>KE9?92@6JVEE67DA78=>BCC?A??D<-J;491E3F6B6I>E?FAG3B<=.=AI45@CB3JI9:<@GE8C8BK;'DD:F9B3BA?553>@E2EA5940:94<95C=8CG2@5FB5<<1B:=AC>08DC@:;;9?>D7;;3D7EEC<21I<5B=+AF?CHDFJ:>DE?:D;97?(?8C<8?<1FAF6BLBI=DDI-4A7AE:@9,F7@@??=:@9AKCH?!GA;D:?77BA:I<<=C@G3:EJAE=KFB3-.B<@G<=7?9@EDB;C8:6,@F=A:=3;:=.=BL228HER8L@I1D;F+BIA>9D6=:AC;JE;4HH:@;<;;J6GEB@95A0<5E6H/=BJGFH=A@=?CB>C7:95C>F@AC=DGBA?H4C:DCQI-7H.B;>;GF@=A8LG?FE82ACH@F>=C>7;D1@G:GF>8AC?-8@2BB/ACD5K=:@E/EDBGA22D:6BO>B=/LC@F<>@>C=B@:?C85>J7J:F=/@BG/C46@E@:D5=<4JFFA:@BACDCITA3=58=7CB5)7NCS-;I??+D@:(C199A:P?KA><>FEB@C8H@D??E>C;?;FMO6DK3@;H/AA<*,?39>@2FFI>?E@A;HDA4C:C1>89.D8A5B2?MG:DF:L@IBB8A1@I=N6;C.OE@4@@>B7CAE@@DC@>K:@B:>B4ED;<3DE=D&6AE;DB3B6FI8B;??KC:3;C7E=@@A1MBA/F?8AFHAE45>5>CFC1=:HH@GE=6KF@08@6?3B>AJF>DCB>DAI9E@D5DH5E6J;>C?7BD>E9H;G?@@K;E2HFBK8TG@@.9ED<;>FO@EHD3C6F@;DBGH7K7?B;AF<;??HM6<;?C==DCHFB>M>INB)6/=EF9H>?&BAD=:6H;6<;?=A@G?FG?A=DA>7GC6:;@@>865:5EB>DGH2C;F/>0F?8,9?>@968D:G=;B9:>9:1CI@K,A7=5F=JBBG@AJ8@DA@?;:G?E-=GB@AI=3F<>4;6A2;5@?@@88A9FF?8D3CNA6C;?5:6G>JEC<5=C:74DFD6F=6AAG=BD??:DM<0F=-=;;>@A;CCBEB4:F:=4?=>97;G8E8.>E=6BD3AFHFHHE>;I5-B5==?FC2;>CKA3;D;:>=;=L@9JCIFDGA?ID;EGH<=D=8H>;?;A3<;DBHM4F;@4AD<@>F;>@>2<<<=ECIFL6D;F@<>2G5GD52=<;CAC?2E;EGFC=E:DJC0F@O?F2HEB9?9DFA;>68?;9AA;@BB7>L=;GAPA53;B9>=>>>DKD7?BD@H?>JH>C7>8@A;;I'E@E>768FMDIE:H@7G.:I@?79>DS;509;C?=II=M.D42=B*AC=7H?:7B:CH@6@?O;D<D<=;H76?89A:D?8A?TC=56H;2132I4@6E9?&>P>.3<81AJBK@?H34;C;?>AEPF;H@CB469F26984-D1E@@;:X?KG2<3<=.C5@@C5JIM@@9C+4=:?>HKEG.8A0FKB9=:?@AAPBH<7D2CJG@?,@8C>88DDA@B/,1@F3>=BB6A?C6"<57K?A?3A5B?3HC8;BA9'C54@55CAI>B.IIE?BB;@?E=9H7@=JBC?/Q?E4ADD7=FIE@C)>>?KCG>>96BI=LNDEBKC,B;:IC@@?E:A:2BKAJ>D=DB456E??969L0.<>C;@=;BA7DC>>64=D66C69DFA?>B?GH86??BEF;DKC5J77BB4E;>=)@CF@HBACD??E:EE=7NB,B=A:6::AE?=B7=1FBA:F>>6>/L>?D>>2@GE1D8;DA?H>B84;=CAEBB06DBLL/C77>4R;9=*B8I9@9@0:=;75E@J8,HED>=HCGEHD;E?FBF@FJCG@@BN>KG9AABJD?:@5:DHE6:F92I7@4BAK?8=4E;9D=GEHK=B=@@2B>LC@F2G7F=F?97C?<7C=1DC:>:>:9@>C7::A@K==C=DG=8BC:353F@??<5@<==HFKDC=)296MEJGGGE7?9?L=F=5HBCE%4>>CA7AF3GD=1B/A>DKDB9J+E;9;L7@>D0C747@:;:EB;AG@GAC1?TJ>KE=*B):?7>:CBB;:684E004>4=.=/>;B0B9?D<;?/9-@E99AGDK7;,;3@)>EI833F@B>J>9C:AE<2?CJ5A<9@H45A;LF4?;8B:0C3GE?H;>I<:A?D:E=8B8G;A@F@@BGJ?4F?B9BE@>@FDCCK@;BD;A<=7E?D>@:GBC4C7CF:F:@L?6EC9/9?GIB@77?D@=C:=3C:C;8B>HCFA7D3AJAF&HGA?D8@I4BD:;C@F7B5424:E308E<6>K8<>A5NG5=9>CC2A7>;AC:B4L=G=G=AE>:D@9K>E=?BCFFJ6-DHD/9IKC=@D=IE9J?E?HCFDN9FAC;AA04L@<@D==>I::6=5-D>3=;=FB70=HACE4?;>=L76=JH39=9AE>@197NDJ7*5DC6F>-4@<8F<=D89B;B09C2KJC=B1GAE$29=D5E;5=E5..I<@=5A=GBLR59B;>H:B37?>=A5I4C9D4:>.5BA7H2+:7>66EGH@A=N5C0=<@OL>9G=5=AIAM(DI@9:=;<=:?3?AJ;1>2H8C=3,8)<@DE?.;B6<0=-:L7A18=8@>A+ANIL61@EC=?>:=-L;?;Q7P9>B=>4A3BB9DCDBB?6V<9F0>:@G42:C>/?@??=6A?<=@?<;A;2C6@6A?5I@@GCC5C;9-B5HC/998A.J?6=@:>CC3EG@2>GG=63C5<@4F67GGB;D=9C8KDE2BD2DB9:@)7:@?;E;7;5;>GD->9?7@@2?7;F=DBE?E8B=H>1@1SA=CMM48F8D78?H8CFD?BHADH><86<9#Y)5C9@G?IH;EBA5:@D=;FHB=<=J?@6L;6=?E>>F4E;A;;8=;9:CC5BB+A>E1B?=H<6D=<9NC4DDB47F9I:9KD>E8;*J5>JC6;/H6AH@EA>?KBDEBA>?CA=HE7@3>A?DB7E2CG=:K2G9EI?LC@I7HGA4?8E?;CEA@@/PB?BGAFDC;F+I@.=BNBN?25FB@7DB:I0?476?;MD863F=?K==:6?3>D94*@36>BE7F=:C9=BC0>H7=@FDF9K:H+?EA@B5C9H4A>CBA@>BC9<6=.C@9;?C>BOJ@EF;=1B4:&>)"FE@56>?>@8<0ECC;+A=8?KAFF8668<485B?;+F<@;6=>>@2=6;;KD48AA8;>1/9/.<;9CI2?CBE98;H?65EECDB3:/?B8<<@=B<6>>CG?DCCBD@K:CF98F.:3B?;D,;E28E64@BBB1J<=GG>>BE=>:@8@.EBJCJA?MH5C8KH>ND<23B?3=??>D>FA=697B<9KBC:B76M@;:A/=G>=8AA>?7D?:A9HB!8EA3B;FCF/8GJFKI>CAA;JE:3=DB9F>A8DI714CEGICCFAJE>=I4B9EEGJ=68H7A1@0G6NHAO(CO6KAD;6J>>:DE/7MD64CCJGJ@G@/537F?68>:0?AA7J;DD@F0C7>C>E:?I>@A7P;?-:F5A91)<8.AH@2C<1=<;=7=>E1;D<,>?H=C8:3;>?BH?A><=OE<@,->D@D:=>7??J5A@8DDAABF>=84GDCH;?39?9B=E5=H8E715B'H4@JFMA8>?IB=?6HI1BN39?;?J0N:98?G?KK7?:>91*FBEO3A.@@GAC9>/E5-CC06;C?6@D'1@4D(>D>FK;A@Q<>4)@8@=DJH-7GA<"?/AC7?7??B9>:PC9>8D7CAD/?58GKB><=F9H/7>6F?C=8@=B4C4/:>E?:G8D34EQ>8D;GB4E8F099A9=J4-7D@=A=;2@8BG2BRJDB5F41<D;F0H9E@0HE7BA>;DF3?;AF8BC@F;LE=?8MACD>@H7:=AEM;CA*@2FAHA>D=629>5@C4D?E6E5;68-7:?I9@:DB:CI87@F6H>CJ:>E5?95I6I;@HDFE=FA;9:AFM8DC?ACK;H>C7=<>4=KJE7JDJ>@7;IJ@D=9=9E=<3>F@GA>H<3<7?7B;CBM5>?C:>F;;H>;8G=?8@9?=BM7KA8CH@F8I@0FF;8>A?92FJ;9=?F:@DCF4H@:H/<::FJQ:FH98?B3.B??0D@=:<<:9EG?AJA67CB8F@:B99BC=@AD?B8(FCIKL8>K<5B84EDI;>7G=DA/8GCNE/3A1EE@C=EAH7A+CCCI2>1:E@;NC6?KB?;9ED:AFABC58DFBHHA8IF49A6:FODEF>CAF5@8H4A@I95::>C>8>>F=>3A@>C@5I:>C986>>F.K9MCEKD>E=@7-ED?@=QB;AGAEJD=4/;GCBJ7O1-:;C2;6BACE'>K3;C>7C5E@DBA:=>H:?F@819G>E@65E8F9A;B?=;C9CD4C+GG987M+EF5>I=:?B?DF7L4:J=G>1><3:D98:=2CB:G67CC>CD:F@=?=:/JFFF>I6E<@66A@/3;BEA?H@?H@>3)FD==C;J=OB;C??D=?H7=>F9EEFE;IBI@;G24:9AA964@MB5@C1FK31C;6J9LB&*GBAF@A;?EC4???DBD@8=>75>S6G>PAE?7HH9C6C27F6CBDA@=@9>?4E;6>52/J=7CE6+67LI:8?9548CK5:?EI>6CJ?F?A6?M:737BD6CD@6?=655>DD=B?>6FA3??>1:?;BEFB:0:E=;?=K-;F7A@9=>=F?L-@5DC;B?L;A@?4<>53NL?BB=ACK;;F>:1>E4IJ=K=DK/;D2C:ED9<<9B9A6;=;?J@@:EG=F:DF00BCH6=JBDAUD7C;?C;EJ9=?46DS74IE9:743D4CB?>K=HD:PEF:<6E?:FBE47;F@DA@BEA27=+=4>K:CB-EF8?1BACCBGE6@9A>653@ADLDGAIE7H0G?B?B=7<1=S><8@D=E655>H@MJE@L4>>@B;=FA;=?@C,C,G<=?9:@6CJBDC<>BF8IDF6AHI;F0>649EG5>29D3781F48>L?;ADAAC>G>FB9?B4>B?74@?DJ?4?5AA=?:<95?E;A5HKFBB?Q9;@OFA=@<18IE?96/:=?AFIDG8A4CACF;C=A=7B@BDDF9<:;?=IE>JF8??C8%5:I9D@>AE6;>?8E:>95;I;DD9HE8E@BAG=B@IGDG@6B>K6@;<6A<=@GD.?8:O<>-8=8>ALFA?=9AKAIA:P9ABH70=BBFA6FI>N2;F9A9B;89A3;><===/@FDBI7BI;E=@GL94=>45@KH7>CBK?7:A??>'>F>55D6?GEAMD=5B5C=><:L8C=BOB?A@>=D4C>A@DM>GEEBDABCI=:?OKE6:@LE>G9M7EM4AD7;EL;<5?=DL>DCIIE04C@A:ME<8AAE@(:>4Bg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w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`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‹_z`XX4DHC=>9=79F;?G4B7:=E9DJ>A8>g@11>@I.75<=E6?JAGADBB>;DKBA;0B@@C80FBC=*=90='DDA;A>DD?J=EF0;;87D>IFC=HC>79C7@C6D@CDCH>BBA<@J:JK6D9@FB=?>981:A9D@6JB;GD>C7E@=HA?P>7>E6>??9A?AGA?70?BADH+DDE:,>C<3BH9@H7C?ECB=;B;GBDD<2D5IBF@6C7@DGC:J5G??:58BLB9KFFBBC1A53;<>=>>>EF6J=8E4F;>GDC@L=@EG6:1>@@@ED799C<>BA:<3A>=EF?FF<;AHEF;D9EG@;/C4:8K29DF:C>;BI==FE=<0AHE=95;8G4OCH>DH4F5@>@=>AA=:KE7B7H6>=8AL;;AA2B67<@=@6=2JE@7:L5J<<;BCBE;?A88BCA-G?BL<@8257;89?4C<;BHPB72;54@:D<@E9=C@4?;@H?>DI>9?@2DCE>H:?=?D>1CG;6E8ACB;C<=4EB=;@9G;:=B:F:;<1>8;=>HB2:@NB@;BDD7E39=;=?;D4;BC:H>=4D@BA;6BAF?>=5@:F@?8GFJ;CC2CD:AI@FCF:>HC0SGGM?H66>PEAG?DHH4AC<=9B-H@@@0:>;E4IC>2HI4B>CDA3JC:?GE>66GLI@;LD@=9DA;>BKA=<6DHCD=?D<=HEE@I;FGBAFCBF>C>>AD7<8>A73@DA@D@?>?:EID;@@D=MCAI?29FC>8MAN58I99DCH8?HA=H@@IAAF:5@C>4IC>B;6=9>:A8=EA>;F=F@D77@C==C=A@DI?=<;5B@I05CDB@FB<2FE5EB=AJ@KG>?>5@2?:550BEBCB?=:B<93>7@B?8>:23C:EAC=D?F.A?*AP@>BI?533?53E2:,HBQ;;IFF@K9ID47FAD;9HN?9E21B63C#>;G@G@JA=4FKQEBCFC9E9?8H3?AI@AD:8FEC7+>FFD@>ABHCB=CF>C?@7;I?B=H4A@AF48A<>9??B>A6E<9=47<5?@:;>A<87E@D@;2>9:C&A=P5DGK>=@/@7;?F34GP6=H@HR@fp€jcr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e[ކ¥™‚ƒ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`jz£Èײ€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gyŒ²ÿÿÍࢉZIAI8AF2GB9:@=;;==Q>=6A;GC5?;<=E<6E4:CDE=FKK.HF@4IABJ:BF6A9BJ;BAAE;HEA)I/HH@H:DB9?;C@A:/G?@G:DC6JDDG=32>1DA68:>BHEEEOI@2>B:=BQ?L??61G9D>CJ9ECDP73EF?HBE84=A@68=:;:=8.>@@BA@F:I9@7:KE;5:5>@9>3E==;?LCK>??C7=0BA=FN:CEK/=A@?B6.6@137?C<@=H=AH;AI7H7;;7??@=C;OIL>C@E=BEIGNME=NBED<:47=1P9A:=H>@2A>2H;BD5>8D;B;NED@FA3>?AGK=DDDH4:==EI@E?GF=8>FCA>E@=7998>D=?@A@96C@.?AC?>HM;=07F:4;;AD:7B%ED7AHD6>GAFDD88F+9;C>B<=8?BDK@?@5>EA;A7GGLGBCDJCF?EKC:F@3II;E=:<@>H6B3K@7EA<DC637FNAI@<9F;>?7>B9@L4C@>0BB=B24B:7=4E?ICEHD?5=A6C7B@E3LD:9A?F:BC?;9BA>@?;<:??GG>ALB68=:?@0+9AD4CL>?G1;A8>:HDK/?BC=7E3@E640D>?<@E?>@A<9?HC9EE><;43B6A?1@C:E2H8I:@:BE=837;@=FA=D.>A2H==?E9D2@BMAD>GC99CDED:<::92B>@=EGDC839HHEA7..:4D9A::=<;8HF<4DF32<=9DA@43>GCC79?H>K>>7@CC5>4>H6M;/9F=F?5G>@BA?>:=/>A89A;L9@3EIE;CCCJ;FDEGA?3;?RF3=3;CCKKD?8?IG@FKF=D=.=FD2A2GI>IBEB;I<=3B5DJ?;>I<3IJB;D=FK>E:FD@3GEB?=G?AD3A8H6>DD9DRB9?==7>N@J@?>E;H>?N37A;GGBADDBD@0DABC>D???B9AGA:A><>HE-8;H9EJ8H7=C?25K7ICKDID;EII>?L>BC15C>;/GK:9A.B1JGA>;;;F?EE7A7B@3>@>=CGA@AE>8A,ACAI==G>;AC4ABB?B:@6R,FF=B=F<>;HK=AHMBBEB2>@9AFG4@=56@4:?=E8I8FJC=7=?C0F=D(122?D86=KG=7DC-907ID>B@BJD=-FCE0H??G4A/;CMD@>?BB29C9<65?IHB8@>CG;?C1?C=>@A=B=:D;@8FCo„ÅÿÿÿÿØ€f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˜±ÿÿÿãгea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`O^_¢èÿÿÿîÇ€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oo¢Žÿã‡jLN8?HIDC:ILJJ=HF>DD@>HDEE@DIAH9>KFG5:1E@6EKD.7<;C?7A;7:,>:?=?6I3M:7B>@=FJI9G@1DD2E:C9A-KD>B7D:6;D@C89@=;>C:??6L<>2FA?=6J6F=DDFI;;;DE?EAG==<9BK7J9AKFB8@?A>:G<6?@?GGD(;CDG?BOKEGBJN>B7>@IC77@FFC@AHB<>BD>C=?1IG0;GEDHGGAI2:C;>B?H:.2AGA@B=@<=D6?DB<6@?CG?=FD>@?>?@CA8A<@A@I6T9?E=H44EL:>=A;F?A6=F<@L=G:HB@M?@A9D?A=H2FD8EACAA.C?;:?F=D8B?@BD:@=B5@+8BE?DE???9A>G>CBBJC?AD?48AH<@?@AH7?FB=5DH0>GD7>>A7=BB8?:>;:AEF8?>2@>7;N@C=GBC@:19<D=?;4@.=GN95K47IADJH=27AA?@KCCGA:@A??DD6;8F9BH7>HC@-;>;F4IICB915>6HLB>;?0=>CH4+;69B>@=5CB>=7=F>B;,A?7J6IH6:B;A>9CD,4GI7>>>+H9AC;@?M:A4?7:):DALA+ABH5@7GFI95B0CEJF;M7'4?3@7C;90DC@H?I@;3@?BB?6;5?B@@E=85;;>I:DBBBL0>>=AE>?I>=@87F8BDKEC=D36IA=GH>D=>EF?9?=E=BEB=;I2DFJ=@:@:L@>1H>@L;KJA:D;:;B=D;?;=>5;D9<=?=97@EE8C?;B>B=A2FB8H@;HFECB7?@=B9==EA7=7EED7@9@?EDEEAA@?>;HCD>HAAD:FBBB?BBB>=>>>BCC?OHAA>59B::C8D?MKIHBY=>I>7?GL;=C9?I@?;6?;5EKGC>A?@F:@:O4KGG6BD??:4AE:BF26=B,HI:B8E:.AJ43=@90G?F;AHCBA@4AGDDCDE4@E;=DDD;;=>H?C=@O@KHADD>?H@@G8=<@D9CE9BBD@?6::?A;>?8>>80F4AF84ADHCMGSHEI=AD>;:AF8AAMEB?EREEBCA7:7E@ED0E>@B=END@FB:ECB?D=6-?;?6AGE7,CAI=G@9OD@<8?@=2O*>=?A:IBE=>C@D4?AEPA;1;;B;IG:G<>7:B<9ICB@65GG05D3AA<>C6?B@DG;A?IC=.E@4F9BL:LFA)3D==OAGEIB6HID1:;GDDF:>:@CGCBCE:@5A:E@;B>C>B9CH>;:A?CF>@C@>GDB8;C=E@>9@?AAG9;@<=?=:A3=JE:?5DDB9>DB9@E=?@@NFBG5@1BC6DAB>@>:8;=<>BEA79@<;BEFB>DBE;7A9EEAB7GF:2B7;B?/@=HMG6DIA8@BC8G67@EB?BCC6;B;76BDBB>A>@B>;C?FCG6CCF>??IBJCB9JA==C>EG:EG;79:AB69>AAI:6BBJ>F;????;C6:BA?E;;I:?0EB@9>E;F:=58IEFD.(:;61J?5=D=7E?H?G<>>B@D2MGE>9??<9FA2@=;=GF6B9H655@7D78:D50:FC==>8G8B<6>A=FI552BE?>30/;=;5=>?><4A,8FD=D=9/9?50?>5:?@GCJ;C6?986;E?9F<7E=/;-@D=F>GA:KB<=;CMBDC:B;@/<94F5?;8:JH6I:58C5C=28G9@;7E;DD?CD@:<F/G?@FB7F;FB:;B<@AFH??DGE8CIC8;??F>DC8:G?FD2;B34>E>BECC=>@4=8@ODF@=49MKEKHS6BU7D:>A6><7EDFLD8@8F5073BE5<=969==92<CA@<=FC@A:I9H>?I1D?HBA6A@,>;@IE:AR?A27@5>/OCJ:F7H:/9;?H4JC=>F6J:;B7<=?K@B?H3:>G=;8CCDD=@AB=7==HHABHH-I-=B@6I1C;3F=D>7>=:;BA4GLJ@9+94?>9@AL<7=;BEDGD6D9CB>EF@CE73<=I6J<@/=5J3D>;FA@K:@AJ@0EA:E=B>B@@GC/,<39IE@C;1@<8A=CL8<7AH-=4?)@CB=CC;7E-:J6D-@D=87A8@DFFA>LNHfI€X|`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Ž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
:9<=9B.C<@@7/AB?ABH18@@FF?E>,=D>C==?DE972C1F;C>?C??-7=3AC>:G>@79FE>>;B=M0::?C<8F=0>A5>=C;?E9G4A=0EADH:@>BGFD4E=><8<8A>?F<>F<=C<8E?F@DD6>GG5FDEI==489DGDGF??:F;B?E:?J>=E>6;CECDBA6CB>2B0C=5:5AA8@DDA<:;7GFE498>H>>I@/3E<0=?:?34@A@92@?@7>7@A6BF383B:=/@@=7;A<8<>.9>A?EA=;>DF7=@:=B>:@?@=A6AEA@>9G<87=G>C=6.FF><@CDD>?:C3A77HA<@4>CA=EB?EAE8:5<@:7AAB?A3<6=@9A9=78@CC>DGGB=>;=<7>D9E;B;EF>B:H77AC2;3C@=::?36?:??C=:=CA6?A9,D:H4@>8=:?==7E7E=9>D>=49C7D8C28C4>/<=>3==C?5IGHBGAA<696BD6BECB<:1(AE51H?H<;B<7<=>4@@?28>@?@:C=GCDGLF;6H@B@=>GD6:5HC:A?@FB?@A@;8>:A4<=AC@67B;07C?:JDCCA;86:B?CD@:CIB76:AAB>5.<0?;=;/=?CB@?B0D=E3C9;@??>F8D>>=?+D897:<@;AB76@=4H<;8C;;@>CBAIG<@>FAC>>8IB==@AA=;4B9;?BBE2BF/>=BDLDCBA9*?C?BB9K>8@C>AC>/>>@?5>@D?H;E:F1BFJDCFA?>C@FH?4D9F<=9=?CD@BDB17LGK6E4C4OHB57<:<@>@E@HCF?GB9BE>CC=J>2:63?7@I=B<>:>F>H>>2:C65A@BD4BDAB;=E8:8(C9A:5&6;)AAHGA?=<<:AA:=3@?DH1?D-<9@@D2>A)MOE=@D;=D5B?=5C:?;D=B678;IB=.8B@0I:D79<76?2;H??@;*?G?A@@8B=798/?@5KO9B@8=?54A=A1BDDGII<4<@@?DN?7=>@@>>@EG:?<=6DB=E-9ACH9B?+F>)B6$934<3>4=<<=>@D:AA4>>8?><>@83@><7C@:C68E<@A4CH=<=7C<=)<@9;=7.::873EA5@6=BD+<;-A<:C;835BC??3?5=B4>=<>DIJ9DD>J@>DA:>I9?;@@*?DC9=G47>;8JH<=?FB?@HF1AD,?2@FC5BBBKA@@E;/4=6G?;0B>33K@6?>:7H4E@@G?@D>AA@=D@7G>D:=G@E?K:BG;F5@J?D@C=C9?DL,A>89E>3FDB@=@?;79C>;<@=D@71;?8IJF=G>>=BA;D@CCF4A::??E=?;6BF5@>;A8H;G?=?>KE85C<>?>;C?2?ALL/J@=7>;BC:?9<8;?A?6EA?B=99;7=;H:=;?@E42NI9=6AFCACG:D?;6AJ1>C0F@>5@G7B7GB=/=?8:A0=??8G>A9?9EF??CAF6=?EA7C;>GC@E?F>D;HE=?A>>>A?D7E?;;A=AG8;=AB8G3@GGJ:@:;?6?G=F?>?=EGD=B:DBF;@6;:?AE5>$B=A9>@E7D?CA:C==4A9:BHD>C@?6?=7DAA;:7C>>H6A;9F:4B5B;GC;;EA/>0@FGB=679AA7BAC>AD9:A5K<=E=>>=>?C@>A=>E>@?@GE:>C=@C4BD?CDJ@3CBM?6E@;::6F>>DE5?=ABD0I:CBDAF<::DB8C<9CA>;B@5;A90=3@B=?:>95@9=8EH0BCB4>6=>KD4,JC=>CH=A38@EB2<7:??@;B?8C7B?=@7A3HA8G=;I==DF1E35A@C=G;FB868H;HCB99L??>D;A3?4HC?HFE7<5FH4?;=AMD::C>DA?;C@E8=BCH9?C42CNGC3<@GD?H?:BD@LH1?8EJ?:A7=5>@M;J:?EGD7I?F@783?><7=;D89E4=17G89=A6>7:9A5:B>=<7???@=?,?:K@AOC3F6>:6CDB>@:/6I>=;7>B8;LE=>E@BAAA?5B5D>>=HD/A7AHBACA8549>?:69MDC?@D=<==EE>E;38@B97@15:CH?ECG;=;<18=@1DB/EA<>H5?6?E<4H<?4O@=8B4E2B5A7@=BC8A=:@37>=@8:AI.=;DAD:@=A;=C7?GG?1C@F<:<=:HA@>>:@59CD;:5C3@6H@?5@F=@4?7?D=1=BA4@>4HB<=?12+;-?C6?B?4:6@?E6A60+>@?62B7AA?C6?;A5J:A@2C;H?B6CA>=GCB?>8B=F-4;D9B?FA@NE:8@@?CGE=N<;DOG?DMH:@=:CH@A?C@@F5>3B>5E9=:M@@@O=@1@C;75>A;79<9C>A5=BD>9:@4A63BC9B90;77J96AD=C6:/>D;>0CJ98947=8;6<3;?B:4A>GF@?61B??I.:@EG6>87?C78?5A;:<>>.=CC:8=>A@D8A2CC>B@FHE::=2EJ=D9=@;B6;R>C7BFB19B?G:?>/B>9I?>>;D-CAFC7=F=?7D?>9??@;DG<>9::?:BD:?A99<,C>6D:4@;=:EAHBE?D=7=:J>:7;@=??A7:=EJ;=53><@=C6D>F7EB<=;<:A6H<496IAEF;>B9C8AJBF7E@@:;B=?8=:CDD?BCDEA>C?D?FDAK8H;9:?8H@?:D73B88AA=6A-CD87?;D@=<-AAD9KB?4>@>:F7=@7FAC8@@B??0G=@EB=+>>A@E?8BA@:B<@K(JE13@CC?AG<9DAGCF6AGC=EA?;EF9?8BDAD7?E>7FDBDCC0B>B4I@6IA=CH8:A;.GD8@K(:?4>8>A:EF7@BE<:9?J>9@@7?5=O:EB@-=G3FA429><@6;883CEDAG:FECJH@??9?PC@=55C@C>@;;>?E:>?1C:MA@@G>=<;8:JLG>@BC<<:F@:<6F;CD??C@G@BF=B.::;74,4C7=BG89DAJ<;CB97@JAG:.9===>G<<5+7IB9::2A13=:D9-8B988C<4(CE3A;BD.AC7=25A88C9D5@/3AC>AACA27>=9?;?>/AF>A>?:;>EBJBA8:B?>5?F8@:;AD@@?@HB7>J6;A<;A9AG:><@B?BD;=@@IIHBA3:9I?@M?C<7;;5>=?/AH>E3@:>9K4B4?2>2:@;F0C335:8DK3=G8@2<:K35@;:A><992<98=>;AA>F:DA6D?G?>?C098CF=H:?=@GGA69C2=0B5CI>DB?>;76;?AC??ECF?G6<;=4)BF7.<5H@CB6@=9D5B5:DA?C<:EA@?GC>AB)@9?AB;8@AC?,B37=A>A3@?78<39?=H;?23@F6A@858F3B@BE?:C67H@?5C?;5?G?E=E;=4;FG?AE/1:7@1:8=>I4;1=9ALAB,,B>?5B=:*@9<9IB=D@G>>=;CA;BA?1E4A;CDI@C=LG;F@?EF7)CABI;?BJDE63C=D@.?=88/>:8AB<9CC8><>;=A;=98.B:2@>A?>?014<;@?=@H>>8A:?>6G=>7'D9=A9C@64GGGBDB>LEIDE-F9>DH=E;JAI>B6DD@=BBB5CDDHBB4?A5;J?B?H99?G>EA@@67B@D6FH8:;@9B=1C>5D9EEA:GD8=?4.;D9EEBCB?CAK@G?G9?EGAAG>G=@5G8CBEHCE9B;9A<=BBD@>EA6?=597AA7C9BI7@EF9AKEBGFD@87=48@><93?<:9:5EHE:5<<B:.C6BFC5=7-FBEAC79KG::=7>DK=EA<=EAI@>@:GACC9E@EGCH?FID:A:4LC1=@<=<=CJDBDCEDN7?@DD;C>8R7>H1GCDDD?7?=8GC>;AC5CHAII:=<8DBBJ;AE@M@?>;CCK>;G<EB39FF>GE<7;A;;CGG>EEAA-=DI>FB=BJDE:DD=H??>GA7??AC9ACCCC<7=>JC:AEC5IFC77CF@9@C=I:?A4F@B=?;B9;@@5C>9FAG@9MI;>>GE87DD??;E::BH7D3CCF@HA;11.;@F?8FAD=8D45>?AG2'J?<;>GK;7=@8?6F<4>8AA8<>>?CQ>8AB>B9=B;=CA@=<@8?9HCG3BDB?F<-CH>>;D:=<:D=;5@?F9>@@:?=6=1?3;1HM==@HDBF*KGDBC>AJ@4@1CC8AAC%:ECBB<9:>@B3B=;H;JDDDCMA?B:6=B=I?E<=@7I0>=9BB8>,AN>>8J0E736C9ACDD>@KCA7CBE&JCF<97B;?;@@:G>:>:1)DEBC04.F9?B=0=@B=1?G>=EC0?@C9C;?=A:;CAE;@B1=:6>=9G@=;=ID5A?CA:7C?>2DE6;>?=93>BDC;=DB>A;BF;?@;:8@CH<6AA>@FD7<>;CEHGK@3;7B5E=AG@C<>C%FBH*DBDCA>9689@AEH@?DA7=<<98HFF:<:8?K@<8FE:5D@?H,9G9?9:"=>;D<=E??A@=8C>A7?EA@4<8B?BI>=D1C=81IE;BBB3A52A::?;<6AED9E=?GBAAD;<9F::=>?HC=FHA>,D?<=?EAA;(IC>:8=H2BFF;G;9>4G?BBB6:?@58AFCBAFDKK?CCB7;5M6A=F7C@;<5ACEGFMECFGLBCG=8H:4A?G8C9A+H@@A.HF84AHA8MDGPDI>CD=?D>DH??8>>B2A@E:EBD9FH@;=GC;FE=FC@D4G.EDIB@KC=6FBB?A@H8CMA@C@AIC;J7BCA@A2=6@D4E6>7>KFEE2H=9(>;5?F4?E@AA;IJEA2>??E?6EEJBB?<9?6>:A89=8@DEB4@8BAF@C898=@/DB8D?6G>;@@;A8><=CA?D.;A@AC4>B?>=;8B@=3E:D?C2GHDM?CHADFG=D>DG7BE>>9FM@0:BG=;==B?BEAAA8G?C9AI=@7=CDB=G@;<94H6COI<43?=G6DEB=EI@<@NN<1AB4>C=?<>9E@J>DF7DANE>@9DJ?DK><@7C>FBDFB4KE2C9I9DE;=;:GF?M>?EPF@6?9E;9:@A9=DDH@A5B9A:>B;@6HA@C?>9=D9==>DYED;CCE@>EECCC=?9;3?BI:DJA@7CGHH=D?LGBB?A9FFDCF,IC?=BHG9;3>(?.=48;;D?IA?JBA1?F7@9?8<;C>B@<9BDF4DDBI?G@8>69CCC:IAB=1GC?F?CD=<<>B>AH@5E;5H4B89AJDB?6AG7?A?203>?AB:@2LJKB>CE5=F?:@@:E;*C?B<CC=JC@7EBD8;D=B=@A:@@=@1D7CDIB@9=;>;8LI@GLF:M9MC>-LKB?357B:>B9AA@><=A@89F;>@FD=1B;=K3AA?=?:JG5=7G>:FBCEH>@BC>;B524:-F=AD@<54DB@B>@5H>699?BB5?.=:4CA8C:@8596HDEB=9CH?EFBB=;80?G2?9:FA?28;E>>9?>EA;B;<:6<;EI/DBAA@73E8>A<@9;FN6CE4=BG2745B?@537=9>>D@=8C;A67>FA>BE@;B2>>@BAF@OAC+:@DHD0:@DDFCBFAFB?@1GEJB@@4D;4F:B9D>8PD8BDBD>81=/;9F@3=5<7L9>@6C6E>A+8==@?@;88=B-2?=?BE3A=@DB@94;>A>E589>=3>6;9B8;8;HI=>D?;59BI7AEA>9C<97AGAGG?96C7D78=7:??F=5?FBF7ED>E@>=D4?2AAA=B9>>DHACKF@C1L=E7FGDAAA>0IHG2A>?>C?>E76:>CF/9FFC>?E>&?AD5L?F:A9>DH@@A)>BA@85<>G,>HFG16:91E7AADBJ>A9=;CC=C?5>8<;;-?BAB:86B@J>CFCFD=;A8C>>BA=77B=?5C@/4AG>>:5AFL8AI=J=EC>@GCD6>:?BJB>CAD?D9IF>FA=;5<>=@A@C:@HDD9@DJ=CE9GKE:4F/=DABE7AFDHE8FMLEIH?FHCDEIBI>HH@F4D@B=D>=IFABK<<6=H<;G3:@E7=HEDA:A@:I9=>=9K>:@A@1>G@MEJG??6F?B@@@E?ECHF>BG@A>HEKCAC6AJB;EHEDMBGBG@HB6:@=CBA?@:@=<;;EBHFGG@>IE7FC=E?10AD>AI??BEG:CJ59DFAGBCE>ABAFB@C9AAB><=9@D>?;<=?>8B<12F;C7;J;<@CA;?@8HF;<<>O3B7=I7:<=:A@68B>/HBDA@>JM:G3D=83A<@>DL=>;IF>;@5?CCA<9ABAB=D37<<7A>:;BCKB?7D=;C6BHA?<1BAB?6AI75=>1B/G7C:98?;=>D?D@AJ@?>BHA<6@CAH82=9@AG:9=BA;==6B=+?:2.C572A=BA8?9D>4D/I=:>EE@7A>6>7-:=95B-A8:7=B/@EABDA>CA@H:@=54<<4<;?C5D<9>8@=64>3292IG4D<>G)HF@>@FA>>H<:7><;>@@C5.A@B8FB9?1=@D278=A2<1A>6?98;3B28>G?=7A>0C=>9?;>92;E/@>:7<(?E=D>G>5:DG7;C@;==6E9:A;@G8-,7?7<7H8>==DA5DBA6=4?A>B%C@?2A8;I5E+QD=>?8=:.?=C;=/73G9=IBE=1CI7@9?=/BD6>%5C7B6=EC6C?F??A35:2;:=?3@;8;=BA>@A:BB>0:===(DF@D?D,9::925H:I>?CD;(08H9B8G3)8:=8>@9CG.;B7A?><@,@4>:??=7HD;:>IAB=@?@E:?CAF6;?A;=F73=EG35C>=2:EA?79?=>FFHB6;>;:9A;2>=?<9B;EF7=9KIH<9=A@H9;:G?C3?E8D=:=FF@8HBA=87B=NA:79AHGBB>7EA;:797BA76D391C:E7GC9F@C=@GJ@90;0>A:C?BC7J7B>AB7FEI=>D:>=A73@9=B;A>>@FC?>I?A;C7G?7G*G:@7DB;7CG?1AA8.@-A@EG?>A>3@B@H5GHEC;<67AA@J>>CHDCBK@=FM6>@9A9;DDBH:<6J4I2:=>A?CFH7G>EA??CG;8<;EHHB:E7HD8A=4?BF=;@?B>FAAF;E@:BBAD76BFEACB;6ECG?DD8@CD@KFBE>;>38D9CAJ9I=89B97<>CCM?>IDD?B5=2?FEE@AE1B=62;7@BAD@5AB2A<;DC>@A8DGDE5CBA@A@:?C:7AB:9>B@=J=:IB@=F:;?DGF>:B?:@AB?1GD>?2?EDGJC@=?J?I=>?@B+F?G:D6CJ@8@A=:JM:=AA7L?3OAA@NI3@:EGKF8>HCFH?:D?8D@@>GDEB??;E@EDBH8>I>G:BC<=;?GA>AID?J;CFEB;=A;F9:?=7FCECNM>8<>MFCBCEF8C=HEDFCCDAJ7?BC5>:CAACXC,>GD7@BID@4A=ECEBDACAGE>@D5J,9E@:(C6L3B-<:EI?@<>G;?HBFMI4I4;:B5?A?9/E9;;A->HG;4KA=>1EJADEF=?6@BDFE==7@,=E>J=HFCG9@;=;B>B0;9CCC:@EIEB>8A@>B7.<=2=6JD:A2<<23:GF;=D=I(AF;;6;;AE?@/92?B2MC;>/C='B7L3D64:@GFAB3?79/=4C>A0?;>;7$8BI;E/;?>7FB=D6CD666D.4B9BAAA8;L6F:6>D7>B:C?HAA@D?>@3;F5;?5=68L>8F@>AA>9,??%A<:2>:C8>6=>?6;F::45>8;HE@C;RFA>@C3CAECD?6?>EC?E8->4@?3@>592.?&DMIAB7?D@<:A=<>>B2=/F;88A3H@@/BC6=C@=6G;BBC6EC5;AA@G><@AGBC::A;9:=99?=AF;=D3=<:CA:8C@6&:AC?BB>A>=B<=:?A7CE:A2B@E<665BH3+C3=JBAP9E>=B@7EGCA9:;D:9HMEDCH@;E@9E=@C;5BEG=>EH3??7>H?<3<9?7DCA:;;=DC@?7D?<:F@:?=CIC:92@H>C=<>?A::ABAA8=F=>DF?C;CD4FC8J;@HC=46@:=E;6;<>9<;:CA94@E;C5;;<>9A?A@?C;7GC4H5EE6C8GA@C<8?>:G7?=7C839?@@=DE7?C@:7EIE<=B5AAF?D@E>4?E?B;3CH?@=DID?*7HBC:9?DE6I=@=84A4E<6=@8BB@4D-?<3=I?A38D=7@B?@A=8D6F:=7A=67>@HA:7?=CD?;==@D;?E6C>@?770C;E>@C?A7F@4;?2A;?BC9D:@86EC7==G>:5;<>A@H>D;AEGAAC;9JJ>AB;8K;G@F9HD?;D>D@@>AD/H7B7<>BBD@/3=?>JC0I=CEGBG7?CE@CD4AGILE@>>B<3BCEA>BDIB>D95?G>BHFLG>CJ;6A;H>F5C@4C=HH0F=;H>@CK?A:=>><;J8<><3<@E>C.6AH=?AC@BCAAAIHC=B@?CCQJF?>E:E,@@GD4DIG>>>C557B7BJ@E5?:3AA0KCB=7;CD;BG:FGH>GFBDKH:=@7A?AH'<<;K-?BF?C34G?A?;5D=?F0'9C@=A6>@C=*B?@4@>;E??A>IFJ?BEGA>6AD2?7;?=0@7DA4@G@?H.19B;>C2;>D<9F6@4B?=>:9:@D@?BI?FB@7BA8>>F?D9;:;G<6HCK8DAB88.@EB??D:HC=H47;AB:C:6::>A>3:CA>@?=5B8D62?9I7;84@-;?F@F,@=E<3A,;;4D7C5;3@<27<;C>A9=FF???7AA8@@6?:7L==>5<=7::C==EFI?/:F9I8'B:=).<11FEBA&<5=4:CF6@97;?C8BA9=DD:H==E;9791GE=@;A13AD:C@>@EE:6==<78A?6?:D?@;3;A25<-F?I8C;=@=;EB9;H@3:?=,2C;<>7@BB.;R@(?@=6=6=DI4A5:?;=B;>7J9FC>CDBH<=4@F@>HB<@H=@F9@11?ILH<;A=;;=94@7E?:B@G@=F>;4/@@D<57C?FC<:D;>3?>539<9:8A@=?C7C65>*>A>7A9<;=>21;/@?1>56@@C7@D;<@:AF136>?D;>J:7B?5H@=1?:IC8=OC@;<>41F6=EE>HCA@CB*8:C:GA4-?EDC@E>?D4BEE88@A6E/>E4>D?A@A?CGC+=>4@A?1AE??>EB???>96D?63@FK>;ADDGBAK<-C>=C88D?JB;?A@=D@E>;B?@9G?C>2:><<;F:C@>P8D?IA;F@<@FG>AA<=7A@=D<9BF@@0@;681==FFE==?I:ACI6GA17AC>A;?CC964>F=9>5?@@G592<=9@;HB@6<7C3I:?:F=@8I80BD<5CA;CGHEGA4A69IC?CA?CKD;;<1E@GE+GDC:@=BG/G?>ADG=1H;B@G@;=AC9)>@;>::;5>:><;=>@9=>BE<@J?C3BA?;BA;9EG;DFG>9=I?=C?AAJE;;:92D;FA48B4IC:D?FE329BF/:<@M;8LB2JEDAAF@DC7FA6=<8G<9FFBF4G;A@C?@BJDCBIDCC=LBDBH>H;C;/@/C@G:@GM>?4F==E566B3C>4M9E48I9<>7BI4F=0B8JB9CB@DAB89)<5>A2;PB9@@>>><2JC>7@@@?(B56;G778@BB@3D;4B76?3%,2?B@F?812ABD41>DA6>DC?<;;?0A78/=AIGCGKCJE?F?M:A5EFH>C;CFBIE@H3CCDH:P?G9949F>>CE==/H?@?B>C.=6:>B;@==09:A8=8A@D:=A?;ED5=DH5:BGE@8=93G68<6;:*?F=F>=GE?D?C4C:;>4;C./A87?>*7>C-8D@4?87416H.FB?EC>@A18.4GAGCA9AB7:>9?;@=6E*;FI9DGA>@<=B;B9E>:;96B?HGB>4>@>G=>;77;EFD5<29E?F=C@?<>:?;27>G=A?5?6C@?>9:C>A<>;?>@D;A?=;4?E?9=2+7@A3E>@5?::>?2@99-?;@;:@D>GA>GBEF7C;H=,EEAI;3>=E71G6BD<@;>E09?99:@?67@=7D76@;:8DD<<8A9;CADA7D'C?8C@:*?ACH?3B3?7E+D?/DF=>0:8:=>(B1?7B?D=KDA31EF=<1H7G8HAG>?G?=BBC?C>8><AGA3:B/?@E8=D;GIC>F7>B9F??:=@96A=FAEB?=GA?D5@:@;B;:C7B>I>A>6:7?<9<@<@GD1?AA4>?EE7=>4=25=@CBC>=B6>4=3;324E89B:C5G<4:4:?=B>C>=KD=E8B3EGD-BGBF1>AA8BFEEEC=@DD=?B>;A3<:A9CM=@F:?7E;G>AFGF9G:=@ACG,D=>4@A4=4:B7H@>>4EA<7KC>6;7BCG@H@H?E=9A?=AAAB>C>AD;AD?6KF;6@:8@EB?>H?AD=<2FHECEC=HB:;JF9CGB@J=AH4B8HG=<;??CF9:6D>=A9F=C@CBI=@>F?@D5B==9;;@>=7;?;ID>A56>.MFBB:J=7?B>FCI;CDA>H2DCKFE9C@??A:<>GP9SD4F85A8HDFB>HC8@I5@?F6<@3GE?=:>>@EG?C:FKLI+I78IBB@D;@3BD<@>>@?@A@C:DL??0B>B7<<>@>A6E5;>3BC8;7=CBK9@>@:7G>9=?CE:E9DH=A@8AC;F>D>;==?:DC2??@?A@<72@GEA@KF=8@>N8B8NA2A:LJ6BA<>9>8:IB;79*@?K<=E?AD<2>@<9:DJ7G@CF>D4FBDAH@.A7CC;BGIH7<9:>8/=C0A@C@3BBCAAD;>A6F@D:HDCF9>B624BAH:;A>G@A:/@CEH;=>+93>?@@<<=;D8;>@9:A<6@B@0A1=?:>:E69B;#:6:3F?*3IC;3CF4>69FA<@GA<71@8=EDA6@B7CA<;E8DADDFB=;=F6H(D1I21?:8CH%>7C>A>=<;BF2>7I9@<AD??897,:;A9=59?3/@99?C=B7D>:>8?B5E=@><@1HF/13H9::B@=C9<;@C1?;?B:>=C:;?BD=EGEH??90=6;BA0E?.6B<>9+N;;;,CD6=?<6@J8>KFEF9DBABE1E4H?=D;@F7;>BM:912;@7<7@>/?;G5>>?867@48C=:<;>C-9K07/<>54>??1>C?C;4B?D=;7<:>>>:A/=@@>?@6D@A1GHA5<<;05>?IA<@1B<=0CGD3-@=ECA;=<;9AC>B7A?=7?A.A>EBFB=E:B:7C:D?@AG91AC=D<9GAA1>J9>H@9>AC@G:678AA=CEDF@DH:G5D67GC><;;?@HDBCF6?<4?@>F=;>:D9B@:?9@B;B?9@CDAC@?>@C;>@@GD@/==?6?E<@@9BF6?9;A5B1BC??@4D:=BBB8F*BD:9ACFD9@CAB?8??C49CGE:90E>99=J5CGB=BB;B9BAH==J7G=>?7H:=97<;0:H<<339?@BE<6B<9@F?HE?;6>;48.6D==DFF8?;B711??GBFF<7A:B7@5/<=@=7FB<@?<9=B=AAE?6CAC?HJB>B@=FBJB@H75BDGID2F9CDB/??G?@@@F=AEDBIH=DBG49GDA=B=H@EB@I>C:BA?>?QBF7V<9F@A:A<:G3G@@I9INB?C?>GCDK8DB1GIB6@LEH:>O7EB@DF<<@AIFDEGBF??;C;B>:J7I5@3B:?EI?F@FH??BGHH@?BCCB>9<=GAA=JK>C=?C=:C?=@E==4@N;8>?5?=2CB?DCA6AH?>DFA0GC??CCC><1?:;CH<==;E9?G?HB=BF<>EGCGFDGC239:F=B7A=>BHD=DB@G7BC9@>1G>B=-A3=8I<@HA7=9:?<:H&8F=DIH=B5-A?A8-5A1FB>@>9?@=GBEJ:@,D@DBB59?<>AB6@;=?CDD>BBB?7=HB>>BL77C@4C>CA>D@@27=5>@?>I1<<@A3FA2A89>>C:B;ME@38@C:ML9;:E@90I3CCEA?@>@?=@=AIDC4@;AA?C?19>@E;=GH?GF?;;/BDH>+F@B:A:A:=B;=?BD:BA4B@>:@6?@FA@<5E?BA>E4/8G3=A;C>;DD;D:8==,=HA@D;@<-@:=;DEC71A:@@76C>BF>F<6?NG79C@3D?D76:B=*>DE?F<46CFC;I591@@:0=652D8=3FB:D<74EB?AA<72IG8F93E@AF:EB=2?;,@A=>66>6=?9;=?I4>3>6@A65D@=2B>G?>>1>8G@E<3A7<:;BG>B+?/?59>A=:@8&<:F9@:;A459=9>JIA:B3@FD;?;6B:EF9;*<;8:@2C/77B@DC?B5=8=:99C=;?I@G?:8>>8:9=A:585C?@7C@<9CA9C>C7F5>@;@1:>29BA9@6A6;D6C?EAAL@3;7A@;:D8@#8A@E>->;H<2C0:A;L;:G@<9=8B@:DA@113<3:?7D87:.;?58@D<>;7CD:/AEED8C?.;?2D?A28:>?2>:7;:?@77;>CAA?;IC@/7>?=DC:E;.@?B?EB9J15;ACB?<;7BDA>EABC=A=9B;<=B@8F:?7<9D>@C<@:=:3?IG:<@9EA7D>86;7;5CC:=:>?@<81G@7;::?>@6CBE7BA::8C;A@CA>8>CE:?C=C>>=*A5CE@@A2:C>C?6E>;E85?DCH?;D5A><4DEA@CA8?DC<54GE6:>CAHB=@97:980=42=I:;G@7DH89:BGAE2DB@<3@?;@<:==B<@?>AED3C9@:@.27>A9@@DA:G<>C@@C7;?9HEFE;7B=8FB=;AH@A@F?EDCD?IEF/A4CD6::@A4=6EDC>C<@?/C@B>A?KEJ?@C<>7=1F<5ACE5IC;C>A6C5>B?C>>;B@C8:8C8>CC;GDFCE>?B8?6>K@<:==BC?G>I=I2D8EE?8699?AA=A?:=A6GA;H:9>=;>=:=IGEEMEG5:7CEJBF@GCF1G<@AD<@F=EA?<=>FFDEFB@6@=C:C=>EG8CDBH=?6D?EB6>9H>7CDC=D47C3GI9EEH67@0>EE=:K:A<>BI8A/=>=CHD8A;:;=CA7>?AC5=6;1?=@C@2A;7>,@=D:%?0;DI@A;A<.D>=EA;>9=F6@:6?;;<9AH;CB@A6:6;<@IC>7ED?@8EIN7?128B?@@784A7>L5;1EA0@4N=E67-HK>CA@AH;;E?BBBKA@7C2??DK8>6=:>BE9:B@??:9?C99K@D21GC?:B7C3?4I=;:;CF>-0379D:BF1BB9A3@?C7G:>:MHLF;EI916BF@F:J:@G=*=B:F>DN?<>:=B?A?C93B><=?D0?F:E>8E@K<3927B6GE??:AA>1@>9FCC1E=4ABJ??5H.@58B=>4<70GC*?CBB4AA:5;>><9<5=>C@B;J3;7H@E5B4>*J=436?EB06<6A:=<667EAADE3:E-1>BE>D389C;J=D?I===I5>-BODC;6.:GFAG:9D3=99F9ADB9I<<99D9=3;?:-98=C?@;>FG@?5I:47L0CF;><5BA6FE96FD@D><=<>-=B-C=?1@G?<==B@D?@BA9=>3>A;:EA?(;>JBA>E@=HF@5@9.>@;A=:CH>:8=A6;<35BB;;88?@29A=BA=4A;268>A?3?;CEFA9@I5A99=@@B=@B:>6AFBE?@A?:>;:C9B:8@BB@?8@;?;E90G=?F9A?:A?D2DF5:=F9A>>2>:A1ACGC??;@9=A:7EADBBC5H5:;DABA?5FG?>B;9G9>?267HB6DEG8B5?F:>B4E@8BA4B>A39=?BADJ6:;??:?6D05@:??<9>CE3D3C=BB:=6:>;JGJ>@A6:>>FDFF+E>?B=B/A6>DECA@GG;GHF67A@<>68D?;>;9C>6D0?A?D7D5=BA:C9B@<;G<@BAH@:?DF29AE8A=>6>@GDE<;@3B99=FC8AKE6E?F9E@?BCG=DE@G:DF?;60C>?FBB8?FG;>=?2;B@5BCD@;F4=C4;?DAA@D9A?99<+=?>ID8A;6EEF=GB@9CE7>2B87<4HEFEAA@9BG>N@@@D5<.B>;BIC<8:DB>GJ>A;C::AF9CI:PEE>4:ADE8?:FB=?BBGCF;5@C;:A8=CDAA@DA:EA<7;3@8DNABG9A9C??B9>C<:??IBFH?<50;=DK1C;EG69C;@DA@@=8H?BGFEA?<;CK?=A@2@8?7AD92GE=IFD;<@DB<6=A;D?G<@HA5;?FD:DE>5?;?2KJ8I:;;E?;==B:9A:AD;C9M7<4F87=E;*HH6,@>6@8:FA@=;:JBEDFGEJEA;6A=L:PME?<>G=@?<2@BC>D;<:@;H;;B<<=<@D@73G>E??HBMD1@B@>?1D>2DA=DH:H;A:4HB>A6=?:(0GK.Q5;)@8@?D6C>58EA7/C6BE9E9D<9A=67D18?:9=A>7=?9@:=7%6?A<6???@G;F=3==;@J=2CC=>9=FC:A=DB;.6A2D6?A?BB=B>B7CBG6=B>2?:3FE=AH::>F<=95E@D54A5BHBAA8C8><7AJF<6:6<88LACC8>@<@:;E@<@<;B>CJ9=4BC4@4>8?<>B50C@7>@D86>BD9?A>?>6987F5;H>FB.@G?6?><:<52>C5C>;A?32?>C9?=AD;;C=G:A:C8;@@I.E;0AC=@96;A=6;C8PG81CGD7CA9@;?@G9A4A4@@>6BBF;?D.>?=5>@AF>;9A8?B@;:>G?:4CB@C7>?AAEE@*:@4<@;?7>5C:CA.DB9=D44:;F>A;63>CG4CB8F8BI?=2HP6D7B?@E=:?:?C@6:9J=5@F@=><>8A>9CH.B@9F;7?F=N,A8C>BBG==6B@:H;B28>AB?@;?E5@ADBDB:A?=F9B:EA:<;7ACE?D<:G<=>5?<=@2C>.==B<>=7@;BA:D<>>6/C8?:DHAFB898><5=FJC;BF>;==H?:D94@8A4A:8H<>F4CGE=:;;7?9=>7FB87>?:960A9IABBH93759?DB?FB=9CF;B6C;/AHAD43;C@I9CF>C?=DOD?C2;<@7?AF5B6E?8::BC?GD@?>?BF?4B>9@OFHE=<8G8@A8>A?CGA4AG@;L@DIAC@?DE<7@;=B>BH=B9CAF>7AH?4D::E7?7B<;HFEG?FF0<4BELL6KCBAA7FA7HE:9=5C-8@@A856AAA.6;<=AA3<>80A@@@D<:G9@229IH<>??6:AHB7EECB4DBC@5:=B89<9@1EAB:?9C>4<60;3A?4@:A-=B3=>=A><86@D:5>4;3=8CID4><;6>>D49EDE=B36G@B<5>HA8+J07AQ0ODA=>6D;A@/=1@F@;E3:;6><;0A4;.?B@17:;;C9EI1A,7E5C:C:H16?E?KGBAA@8:>6B?=B;?A@?>H=DFB=N@;KDF2<<7AH=DD7@<<=>;=I=A:=G;)B=D4D?8@?F9>:>>:C*4;=;8;95:C;?=E?CB75MAD7=ID>:?>88;9C@=G=B>><<@:C>C0;I<5B6;=:J?I-:C>>8FC>:>D=7:5;8E4B3=:=?:EFABA=<29K5;<0@6=?C@8<7;<7513=:I:BC=HC;.:A:1AAHE??DFGI=;KE?FC914KEIA:ABIB>B@ADBBFF=@CD27<@?@?DEA:<@097@;>?L?@3>>;?B4E?5>9B@=:?;A6KF=CF>F;AD>19?F@H>EA63EE8EBA@/;<>=873=GC0>>1=B727<@9??76@>=8>8AAC<=3@37C5?570;CA@A;>>:@:>5=5<8C>C:2<:<:AED79BD?<8>@C@(??7@EC;A>;8@:AE>7EFB4G><:BB?;A5>?:AE8DA=;9CC;D4<=@97=E:D:JH=A9F?B9=BF=F?AEC:;6C;F<>HABBC7D<;>?@51@80D=CL@>;=GE:FAC@>@09;-=E.?1C9A:0D@5DC/BG6;HB0@1D:B@EDDG:>>72CDFC:F8?@A;B:8B=EE@D@:?C=GJ:EB<@4@;/69@59F;@7F>CDADBJB?@ED@A<:>K>;=BA7GDD28E:>G@?:D?C?2;@GC@D2><@>>6AJEE3=C:;9@C@A?7963696:@9:G>A3BD?@8D=??AB2;877BE>::=9?J<:CC:=@BC>9>6A>AD96F?HF=8CC;?@D>=CGF5H?3=?D>?CE:9@FE?599ALG/E9;9BA;;C;@<>F>?G6:DBA?>DBIK>AF@=DILF@@B>CBH;B;D8>A?0=3FG>ALE8EB?AL??8;?EI3@><::BCHECCG::C8<<@5?B68@H92??DN?4.A>DA@E;:CA=CC@GCAE0@CBHEID97<=B<7EK=@AJ?J9>KKA>@<>@==>>:?EE4FX7FIE:<;+3?A;?:@<:8ED@=8?E>>DG?CC9=?:DCDCGD88?=DFG68BC=:9?;@<:G@B?7@DKCE95O7@&7A5?>7;AB;4:3=9EH8EH4CG?;+>D;>BD>9ABFH:96>>8C;<:<685D2DIAAI@?>F4@<:;8<68:5/AA@KG@ANB9C<A>?FC?>6;?=>B@BAB9:;;:@BEAF=>6B34?><6A19+8?CD@3>CD?9ADC7H@GHDDB+?>B8D5=:I;A2A5?81;@F@6@?C?54:;@?;?36=9@977;B?:B?B<>@@:4::8?>EF;/<;GA8<:4AD@7>1F?DC:DGG7;:B995C?@G#E5=.<98?E?9>B79;*1BA?@@;>;:C;BF99>B?=MC?86>=;<<C?A@AA?6I<5=<:685CE*?B5>:?D60BF0AB7AG>5D;:?C=A:@D8FE:><<=6DEA8FEA@GI8C@>9CDEJ0A8BBAH-ADD@H3DCKDF6CE92?F>=4>7;>E99@ENC1FAOD?HF86>D::@E597A/D4A?9/3D91A66D98;?H8-1F46@<:.@===9E==H6>=9>@02BA7:=8CF477??>>6.DG=096@A384>2C2B@;?@:C>78;8@E6B95;?.;<>>>;B)@;F??DE:=C@?:EAG<=FD?6;DCL7A6?@6H:EDEE66C?F@>@@AFB,;:@?;8<;E?G1KA7:<;>:>ABF?;<>;D@?@A<:A@?B>IE<168@BB==C>4@=:G<9=92@:A57::AC5@GE><>:HBC@B3;@>J<;;GH>A?4E@5FAC>E?B7>@/FFA7<8A>6=GC>BF<:D<<;85A689;?E9:7A77A/B@AA?@)5=>?<=<==:B9;;0:3;5FH?D==:99JD<9:?:=CD:@@H=D?E>>8=?C4?@E='?9>E8:>8>>2A@?@;7?.<>=7??FD5G?H5D?6@8AC??C@DAD?HAG>H@?D72BH>7>B>?>K?B=FH0J;BCAFCC=:A?HA>?;B?;?=;AF;C?G7==JG8A@ABL==F;?E=9:G?C>=:@:8B5?:?C6;>&AIKAC;:A:A;@?A:@@86LAAB/9A>@<<8CB=AD?@9BF18B:@A:-G?BC?A8A=>::7D=D='?EDF8HC7=FE>A6C>4A9>8<;?F=;I;:8?>J=;94:;@;HDE2CB?<@@5@CBCGD=;EB7d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kFA=?2E@B=CC>CGBB/?06;9?D,?9<>=LD1H>BF;:8>==8@=6?9@1B6CF8?:DEA4;HBB<;9>8@KA9J;2EA:G7>?:CABE7??<:BE?C3?E3=F==1>:8;@CDA;=A4DB4=:.>8??=9<@=??4=775E6CC0>@9DB?>A?;9<7599G26,A-<;?9@>9AG?E:5CG@J>4C?>:8:787A:;G<=2;3A47AB4?7@>8@B>73DG@B:6CCG?9BBC?BF=J=@D?A>:??A>@<:C>7;7D@9@=A=I99F=FCCD>?;=<>@??CAC?IBD9;HK4?A=A;F1D8AFBCD@GA>=:<>IC<;>:C>B=9F>:16E:8CDA?@?/CA9@B:D=E=ADG@DB?>?;A;D5AJB9BB>;@G;@99:<6@:/DBC>I>/;BJ>C=9<7:D?C8EEC<<9=GI?<>H=8AEAIC<@;@EC=F:F;B6@C6=88LID>A8:;CGAD@@H;C=2LF=@AE@A9E@>67J=@@59I@7B9D0@E8CKABGE::ABA>:<6>>E?GDAE6>==C?;@C>>G@AMEF@CCDAA=1G=B?AD7A:?=I=B=E;?<89?F>CDMH=;BDEEB7HFBECC@GE?38I=A:?7A;AFC8B/EIHKCCE>GG@C@A9?@:B8C:?B8>3@HA:6FH@G@DHKAGDNDCC=?HC=JDD@:CF=ADBD988?EE>9>8;;0L5>E>PC@@;=@?D>3AAC:>C@N-:>=E7C=C-C>?A<BA6@:-;%F:>8@7C===>???=>>ACA@?>BF;5=@1A6K>=?4>IAHHM:B@=D8?@A@AC9:DFAE8?J@AFAAG)?7H-A@34A@BAH@>1@@F@9@8=DBCA57E?D<==6@E;G?66>3B@5B;8;>D>17:A:=93=C@CAL?>A9=>;A95>AB:3>+2C:C=C>=?F6;B@=7<<:A.3D97:>DE<3@?6A=BB56A4@7=DA=4=66>24;2H9A<59EB>E>>CEC)F?:BB/EA@:9HD8<:>?6<@><5;;8:@?=8D4HA<64=9?@=@A@@F9CCB?>F7D;:4@G5D=C;G6B@?F/=BAB4;8F>??@B:CB<3:;CA7C9CH?1@CABED:A=A>6E6>D=M=/E>G>A8=:>A??HA?EAAHHCA>F?AD8G=EBG@0;DH@??BFJ6>39=A@:AD=??IG>AD=?=>7@9EE=GA<>@A35=AAH?2<;A3E9868=5?1?AB5=?>9@:B>?B>E<6>9F9.:E??@B8C@D>BA2?6?48CG8DHF>>BDBCBG9:;E<>??B4E6CGDBB3:C?7<08DC5>6A=F=FE8<:===FBA=;A:?99;G<79DAAD>@J;D;FCEB94D7C=AD5;9?E<9=:DE?>GA@D7AH;E:3:HIHFAD8HLDJ7<5BHC?J=8<6=1GIAEF545MC:DBG=EB;RAH<==@5DE@;3C<=8D<=E::B.3@@>F6A?DCEC;E::B;;K3B:G9HBEA2ID>50C@GD;B;<6:F/3E88>$DD@B3B:CDEA?G>48D=>@6HPDCAH?@G7B?;>:6@@4AE;7G@C@2<<9?74F@:6C8FG@BGDG;BFAB?>?AH83:D;A8BCFAGF4DHDDFDF=R7B@:7FJBI>1ED66.C=GD8D66>C>EB4EBGCAAA8:>C?D@3:@EI:<>?@CE5<>0C/21H<:A?A8@8?FAC<:>C?C?DH?2>9CC18BEB;MG7K;:A353G8G>(ODCBA=<5AC@=AAF??AKD?B>A:5ABDCJCD6;@LCB?AKF:8E7FC?A>;HCAAC8DC?3B4;;C;;>BFG?@>GEA@E8FE:GAH=AC:;A2GHF:8OBFBFECF?<>A:CA@C;??C>:@F=7>:6-HE3C;9IBFE>@-*@>2>D;@2===AK7/?8=CCG:65?3AGC3>.<3E?7?3;I>A??H;?GFA>=D>E,?AB:@=?DG8B<989>B>-9A19E3?B@9>>?@C96?EA:D*>9>B?@D/HC@HC=D<>7?8??7DCBB:>:<=C4D89D9H<=7NL?;:52:I;=GFD7H9=>4?;HBAHC0@:8<.7265@LB?A:DAI:9C=;BD7>5@<@;HAE?<;=>BF?I:?C/D1:EAC@@?CB=F2>8BDCKBA4@A3D;=5=9@>>;D@4K@G<,@AE;=>D:6=1D:-BCAC=;4BBB=BH?==;<>05FBC;8?4D?E8@CC<>9?>BC<6A6AF?C?<1B=:BI=4@E8@@C>?G)C@GA<DB@E392>=AC@>AG8?;:8JC;>K676HFCE?=;GG,@>CB@<>:FE8>CBFABE?8@,:<4D7B?;?@D9;DB6<6??8B>B9=G?:BF?9CCAAGAC?E@=99FB;=9B5/;3C==<<;;>>D?A<7?=DADE>>1;C>9H5C>BECCF=9E==6:E>BD975C.76@7DA?6@D=S@:A>G/G>9@?FI?FHCHA;BAA@CC=IFBG@;FAC>1?:FBC:?AC<=D6H<7?2CAB=69GHC;E17>C5G?>F@A9H79@D?F??BDDA=::B?EFA>FFC@;754B5G@C9;>=HF5D>=>7=A@C8BEDC4?E<<@B<@F;55@EEF==HH6AC99B9@=BD@+?=88;;H8@?>FBA9>E=:CB@C:?5HG?B@><92=78/D=<7H8>;B?7B3BDCJ:BGBF)=G8>;:9@CE9AB6;0>DIFCED<5=BCFF?:3BHDR9C>376?B=9>?@FJ:=?<;IA>:7C4EED@E??<=F:5=EFBF3@A:A/B:F4H?A;??HDA;E0AA=;1:EB;8M@DEE<2A6FAA9AE8BAB@C@?@DCI;DEIB=7-EFBAF4BC?G>DAACGK>9J@B?5:@BE7>HGEB4DIBC8C;E:>;>6;D@FAD=E/DFED7G7?EHDA?0CBI@=&?9I=H>F>LN?@AF>@A9E?F;8=?C=C789?C@@>>?C387A>>6<4B@=@?F637==;A=>>;:E>E3DB:BD@;.<78D?9A45LAJA69DC<34>=<:?:?:A8?L4>.DD<2EAB=FB6E9;C@:20EL>AA=<9>=;A93B:=5CB?:@C>>@HJ6=L9BDB=>B7=1C:?=B@0@?;E=67C>BFBC9J@0F=,3<29B?::BHH?;?>>?@B4CC480=<<;3E@>@DB:?1B6>0/EDJ?>@@A@<;>>:90A<8:A17?JA<=9:A?:7@5=?>B8=/E5ABF-@E<87A?<BC>F=2C>>>:9FC4;6@=BC;??C:43=*6:=;=@?89@C@<3256>8?9;?E=;6A?4<@4;5=@;;B8@>2:;8:<<@:A>:26,B29B=67>A6<6>:;BA;I?E;D4B84?;>B5>A79J>B>C=BB?>>><>--@EH8?HE=8;:2+88=?C:=A>+?:<9?>4;<@L=DHD:BIC>A?C36?G>FAE?AE;F>D@=D/BB6E48F7;C:;<<9C7A<7;5D6>&=CB4EBE@;@;GD5F2E3B>D:=6;=A;>;<3G=3:@B:?:D=>=A5A=9;GA9:?4F:98B2H@9651F4E<2:@??@<;=?9;;:4FFA8A@D@>@ILA=5FFA;4=;@:E@?DD><==E3A/9?@@A?8=H7=:?A>>DNA@?E?=B:<??8EA<;;7C:>J:GCA?G4>K?C9>J;>:AC?CF=C=EBBBA>BC<2J@CF97A@A5D>=2AHC;D?8@6;LA=JG?ABAL5BE=?A6B9C@KG?;5??7H:A6=C<:4919267;;CB9>D9AF=C<7;AD=:DA3D=DHDB;CB:.=@>GDG;?3?AED;<:=2JCCFG2?@L<:DA>76AAHB=C.<78>??<9379@=93=E:FA8>@CC8A?DE@=9>9?=AC.GA>I@:G6G2DF8?ECF=2?A1HA8CAEC:2G?:9/7;>98/2?A5<=9598@=@5B96C@6A3D?=@B?:?:??B8=BAC@?>7B:PBFAF0A9:@A:AC==6F1=C8F@:?3:FHB2EB@BC:0?EHI=GH>>FE?M>C=A=88@5>H:IPMC@:68DFBQ9=DKB>FIEI:AE=HIOA?KGDB>A:H:<@=B9>@7FE:@BB=:@>B:AALB87=E77CD94BAD9@B2>5>6>6:G;=>5=>?9>H:68@B8F?:1@>=2?+C@CS=9>C@<8A4H@J4@9DA;FG9<5B3>=J)BG>D:(>KB8=A@A:<>C=@BG9>50<<;@C*BAKD<.F5?@D>/I@18C;>84?<5;7DEA>:7@A67;:CA=8;E@GFDA<68>3A6F6-BB@8=6D<=;2B@>>:>@8<4?:@)2A?B>G;>;E>:6>=5?,>@:>>E9A;F7@>?@FB;<:?7;9>?J7A@FE@06?>?7E;BGJ1?<+8;98>>A95;B2:A?;D<@?=?<*CA=7;E4863@9;B;29@B80D3BA?;DB>>D246@B>@AEFE?CC9@)6.@58E;DA8A<75:7?68GAE;B9B6:::=B):=>F?63;EB>:3E6;67:A>??:DAC@9:G29C9E+CC?AB65?9;+E>>C;=:4B=B9>599C5?;;>C?0F?6=B/=8<3685:?D7B7>EACD9C<4ABA4G4=J89D?1>;:>D>CE?B>:DDDAF@:FA3H8B=->EE9B=<>GL88*=A><<>?65?4>ECH/5+;C6:E6;=>8>=GD68?>>=3M>8JFBH4;?HDF>I:@:D9@BK??C?B;<<@9DC;G>=B>=>B6==FC:>C?CC:@??A@C>B5E?>?AD?KEBA7=D:A;CDF<;;C?<7EAE?>@CK@DM?CJ=-AC:6@:CE=:8>G3C?@:>DDBA885D@>>7<688::?@HFG:7B7G:?AE:>E?H?A6F@-BE+?/J@3AI>;9>H=9@??AK5CJ6D4ECEDA:3CABG=>9GC<><7=39JID.?>B?HBEF;,H4DGA@>C;?@H>CBB>74<=:D4BFA;B?JCED6B;<8GHDHB7BF6FA4@DKDDNMDFDDA?FC?:1?;E
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s:1ELB>:27?A@AD@D;?:F3FB0E@?;>HA9:>o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f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f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bBN=BFCIO9:<:C8BKB4JEEN<@CHAF=ABE2CAMABLH86<<:>:@N9A=;>G:BDABH=M@=C>:@H?G6:>AACL@AK:B6:B?;@>9M>@>4<8@BAC>3ABD?DA?E?D??;=@B??;<6A>DD<9D<069?=CH8B;47;C>DA8C@>E7<<@<@DDG1:?>6=??I2:9C2A:<5G@?=53?=<@JB>;>-2B;@>?3>;?A<=4GC=:=EG69A7D<:1BE>@C3,F@=DAA@?89;I53>@>1=89;A=I52J<<58=K@=A>0BEF>:7=9=1=B@ED:;EAB6;B9A::4@H985AABA,;>7;ACCC=FBBAC;?>:D8L7H4I5,G:.BEB=9B:<@;:5*E;EE7H@?A@CF?>=3:=FG:CB=?.@:2=@48CF=>8A>7A7>?BCA8>;:BC-A>@>A?A5;<679=9B?G=E=?5<2GF?E7F;A>;=/;>1::BCC;DA>?;==C?>:=4>=AC?B@==>@<;.5=<;9@=D::B?5HI<;6AB5AD@BF@7?:77E>==3C@DECD<@B@6B9BC896D;9>@:>3>6D=;B:>7;>AB<;ABB7B@=><;DC:@??5<<8D7E;2=B9A887??BAE@9B<1@B:GC>;>64A=3-C/>B@C5G@>G9C;1D8>=C9';E32;IDE?BC7=E<>@/?=IE>@@E7-6<+E86@?=BDEC9:?G::?HD7;=AAD=A=B>??6@5?C6@=;<;ACB?:@>BHAAB:5>A9EA9;@H@CA=<:=AA@FC8A07@5E?HA?G?>>;=<68>;B>@=?7<9<<:AD<.?458D8?B>:@>;03=<@@=<=IB?;>@JF@BF>B7@DDG<=;;A7:?JH@B1>AE==FH98>@?BD=D=?9GB<8;AE:=C@DH6?@D4C>DG<A<.A@JA1B<A@A83=C>>=C?I>:8@CA35:G@>EBB>E9CBB@F8G83C1AAII?C>7<;AA6MEE2C<>AB:?FBGJ??>D?3=H9>DCAGHFFHJ>CEEEBG@KE??EBI;ES=@-DLDICHGBHBJH69IGFC/@??C@@C:7)978BN6JIN@FFDIGB=:EE@C(6B;F@;5<@J5=DK@:D=AB=A@>@@L@IB;N?AAH?C8;I;L=FQHKI;8:AIF?BAF?@;,I:BE;;?BGB:?@>JDC6B:*E?B=6:@=9>;6993C=8:GKGN04;J;D6(75?LGA?@3>I598F2:?30M1@668O>=;F@94;+8AE9D?:73B;/A-7>96C"A2E:<8288,89F;>7E?79=A@@K>7D=>5DAA683>A=?;<0>9DAD3$5$5CB;;7CBHA5386'A=F,E>8@C7?;-9=;?H;33":A2D4?>?A5+8C:>MB9A-CB+<:21:;;I>4:46D-4E=@IEE=0/=)=E?A::8=E;B;@98C3@A4AA4=/AA<;@5:@2:==;K3-D?<D=AEAC?5=B9AAD@>@@:?@A7E"0A3C51;>C=C.8=I>ACD>?BCH@3>=B>:GJ;;.?7E=C7=9@/=E0>A84<060<;?4A??2E5G3A:8?:E:CD@>=?A?1;>;C><=>=@:<=@6@C=4:@A)C/?9?=>8?3;64;?99;7/>-:A=7:<;>DB9;GCBJ=G=:=9>4=6;;D@1?:=E2>5:CC=?C;>D>BB@BC6:@F8<::BB4BI;A?=@D<>@B76?7=>ABB@4=E=56.F8H?E?>?B=G=?@41A;@?@>5B?99>B?8:::F6AD8?1@2A:5@>55FBDD;C=?4B?@B>>9:K@A>H84A9C<:?:6;=CD<>>D>:4?>D.9=4,A<;=?>D9A>@D0C;F>:B6CFG:<==B3C52A:@9@;@4;7>AD0G@69BC?K?D@FB>5=:;D:&@?F8?EA5?8>=C;=@G?:E?66DBCF=E;;BB?32=A>:@E?:E?B:>27C;<7G@?AIBAD?CC1DC66E7F9F?=@;:0A?AJ<=:A=>D:A1?:9@CB2?8A?CAA6@BL=E57CB?1A2C8@B>@@<;D?G<9D>@B;BE=7ALBC9AA?HA@>@F?=@+?D=F;7DCA?@:CB8?@D==@?=9CGCB?I>LADCMG>:?FH>>@/@LG>>;B?@>@C1D9H5E>8@@8F;=E@=G<8BAF7EFC6B6AGBGBG@EI@@CDC=9;F>F7=HIC>>PNCG<>:DU?OJ=8@@BH:EJG9B>KKD>DI9BEADE>B7@2>DGIM=IO@A=BK:@1F;=3B?K4FB@;GD?BE;@EI:A?H9>QEE7:E>L78A?:NFCG?I>@>GH8BB?8;FEH6C>2GGK3>B9>>H;BB8@8/:DA?;'CB<>M;F;<8>@<0ABH;6;@@@=AC/2E,>3B8AD:15@?<<%G3A@=D;5:0>4CH@73=:<0G?/9<,;4@8B<4BD9-,<475>E2=2?;E??B97CH3)B->9IAG2@A/4E<2:6<0,61H?<2;A1@A8C<4B7>?G;D<96HCJ.2>3C;@B6D57@E;A=>;A6A=B@@E=6G>.FB7>FD6<39918:*=BDGA?6>F35B<<68GK?83@C;;B2C?;::;C?6?M?D@0H:6C:A;D9;;=3;EC>C:A9IHA4+KFEC7=CJ=D6EBC=2EE1E?:I5;?JG@@8DEG@?@*=6@F4?B>8CIBB;>?0)@C=C6J@?MB<8=AC>3<8;5B9B;>=C:86>C:07?86BA5CA>2:F.EA;@2?6=9::2E@?+5/59C?0A;=;<6?E@?7:D?<@:@9?>F.?CC8.?6?F;=A<@AA5;?/,F8(DG;@B;A@>B1AHF0F7;?:9=:>B=7BA49<69BC?0;?:3A=86D:F=>E96375;<:>AB@;B747C47>A?C9E:;C4=A<CF=4ACA9B>?GC?B4@H?>:A97A3@7CB>B?;6;,42EA@8=B7BBG:@C4158<@<=>CB8==:6C8-29DA?7AB?<:=<7E6;6GF>EB8?6B0JA9<2>@A=84=?=DH@?;DC?C<8>3?AHABCA@:>?@I<7?FA>@@??.D;@>G@AJ@BD96AAD:@;D@2@C>/B9EDCFBD;EA;B?EBKCC:>A>HF@@G69BB$AJA;:>E:<7?=??;2C;L:KH9;AA>CI8B>BIG9D;=?>6F:;A?F?ED=A9??B>?;A;>/F;5@D:0EA?>E>D3DACHA89E9>3?4E>8F0GI8CA;D?B@H:IFCDD=CB?8@=BFA9<8B=A,DBD7=A>9BK86>@::4IAE8AD?C9HA7GDA=BBC:551GGD6JBJG?@EM;A?C4MQ>D8;>FM@G=A3B@3@KGFBFE=BHC3>B@B?D7:@>:J=C'>H?B>CC?:@ADEEE6CDBD9JJJE2=E4DG7;C?OG/HCH?>B>3:N5A8@@>NC>>C3?@7DH\DAB9/CF>9?AC;0@;?:?*IB5DD8:?2+=E<4B?8?=ABFB3<>H<5E@1A;,;7<;I=6=FC?F?DC3>:22B8;B:E8?FI7B9@*87NL5BBB=,:/8=?;A;CF/7-8>>O9D?9@6AFG:>8I?9>AAD=7"N7DF<;C67D>>=?3>6C8*6=.57EH5'0=A7<>7:?BI=ABFD9<9E:95;?;=JLGF>?:0LAF:;G>>>:6BA5D;5AE/@29=E;?G>A?93B@A?69@>@>9D1E8F>?C6384;A7B?B68AAC48<>CD+;6@=2CBC=@6=L/DC1=DCGJ,=BB=D:G==D38?-6@5CA:@@=D5@4;D7=:A%@D7@8@2=@;HEA5D>5=;>6?9;@C>)<@:F>*A@?>@<:3C;?988FA=>G>??1@17=KE29.D@:<39A>42DGFMK=:F/@/;71?:>6?;B;@@GBC>F3AD90689>9A7$==G7489CF?49B@A@3?>?685B=<<;E77@8=E48@B)8;;=:?=A2D,B<0>G44>=C:>?C<;D:F8<4G=K@<;98?>;?N94D;>6HE;?BA?<<<698F3?::DF@=8;?H@9D=3C@>DAD7JJ@C9A4C1A@>?CA0>H9-94CC=;@BC99>;8A;;E2;A@B;ED>CE=C?<:E0=@1;7D>@;D<;8*E?2@>>?E;C:A;C6E@/DD7=:>E87<@@>;DBE:=5>?J==D:C;;EAB>7@9B>3A29?.>AAAA<@*F3>79>==;7IBK@<8;;F:?IA?<6A8JAC>@GC?CFCJ6?@BC=;-A;;A;A8>C<:<4@>=@><>1B9>G??=B>:@FC;=GB?=?)8=2=B;G96C>GBBDDA2=4:B@?DL?>0>8D@>;D??;:I=J83C@C>K:A>?DBA6:BH:H9>51@1>F>:99@E1F>F>@CE?AG>@@CN:34?C9C?C3?A:?EDC>E64GA>BBCEG==?EC>L>3*LEB>=93B?@AD9::>AHBIC4EB;G?EIC>7@>B1<F>B?BCB8;@6F?;=75A9GDHD;B=D:A?H7C7ADANMD@FEG8BAGGGNKB?=D>@H;@AB>D@@>;0?D<-;IE99>@IDP4BDIB=AJ?@HCE1KBBHA=KGBB@;>AK@ODB:=I?DDABC?CKED;@9F28<;C?=6?AHD@64(A=17I=<0?;:3?0@C8?JA@9@>?C=CID5*=4:F9A=D-3=87><;C;;/9:;;BA;9VG>AC=C,*;2>E?=8C<=9@@@;;A=B@67A<=FA2=CIH;A:;CD.A@44F2D<;;;A1C+@0J<>/9AEI777;5>=-AH?F>;=:?>C1BABAC8;7=HAA7?BGF:;F?<<=H:1CE=?RGB8C=>*>8A;B=DCC?6=53E<=5:19>?A??=>*>C,@?81G<4>B9A4:<@0A@?F><;C<7;0>>CAF>9B=B?EC>B84;?;H<9':9@-<>:?6A=71<;DGG;,@8=33?7:A?AD7E9G6HCA?A9C;<94:EC<;8C4D8;>F<:4D99D:;B<5959@69>;7>?/9AB>?D4;9C6AD9A24;?EF=<59@<:6B@@9-55==<58;F3A=<7@@<@@?<>D7B=37A=H870?=8>DF=>8AI@E<<7C89?>5:7>5,<7I;2FA3/:@>=I;:8BM;=8A;;CBDC8@2?8:F8EE6>4?@3>*?;:<8GFD>BEA@3A8;@F:;7<;AH2@BA@@>69?:C<=::9C?>67;@<87G.:CBB?:<@JE=FC>C28A8>CAC7E:FAB<<B7?22<@@6?ID?8D;B9>@J.7AF<5:CG:?A?C/?<>6=:IB:;@=;K8CB68;AA@J=9B6BID=AB;?.ACC>A=?AF@D6<6993B6AC7@BBGD9=;BFAJEBE:1J<=?;97@=7=H5>@D>;E@?FE88@??BND?@?=;;GA9F@>>H:6CF;<:B@B<71;FF;H:@=9AC8?@?;A9@.DFKGE;BGF=8=DII?@?@A@?C:;8A=I66BI;L>==6F8GAK<>@;?EJAACEA8JF?9=?I@:>8ACB:=6=@CAFB689C?IKD?KE@E@25<@;56:A2FGH,5>4D9B4B94D8KD;FCF8B/?HRBBAFA8@7@:AF:<0C>:=@270=ACB<=>@ICFH::5==>5CB@9:8>8@F:D:ABEECBBC?=9==.7;:>GA=>>A=>669>@.6=35CBCA@J:ACB64H=926;=",1F<9.75?FA:5;9=>B6:E@18>.>:7>9E<38>:B??BAC<1>DA>4JKA?/66H0ABA,1J6K.@?@EA>>FC@@@>?6);:0B6B>@+<@A?;894D5?>A@=D5F69?E@=5>B8:=A7/AC;>>5<<5AD:E-?>KAE?B@56DBB7C06C95FA6>C5A3F=CIB?GIC?C?B?D4=4D@1DAAD>A>?BC;>ECCBJDD@-5==@G?=@C@E=<7:94>3A?4@/=BG.34?AB;A?$53:B42=I386;F8=D;CA0:8?>8<1A@>A?17E2+9837CC8+6>C>:9:7;8>A;===@>D>?576>>?9B1@DF3D:;B45>9AFAN6'>E@8>@>@1D>C3C;<;?>6:G6@?E;>J?/A9:9=:5I=0?E>EHB=D<695==A:8=@>B8>CDC:=3>@B:9E@8C?>A8@4D:<9:*?B9;F:8L>8C=7<4>8@DGI=A@/@=<;:47@?>AN<<94B>@>7=>>D;@>AA>;;E6C>=4A>D@=?@BB<;<<6C9:>??>;C+>7=ACFF;>H>=CFA@8DED??B8JC8>@BEC9F==A7IKB4=A>B;?@F:GBC967ACAFH3<=A=8AB=@EF:6?998=A4;EC@C??<>:>F2<9<;=A;KCEA>?>L>EC7CCCC62F7L*:CD=?9=IB=JB:?F?A=@FB?HBD7DA?C6DA?HIG?D=<:A2D;63F/3C<4C=??F>9:CB@@CB@DK@4K@D6M?@@E;HJ<<2KA<7A;D76B@@B@GBG=B:F@46AED6>C7<5?D;H?DI<;A5FIEB;CB><=;9>B>CPIA?F::CH29B?FD:CE@G@ELCEIL=JF?,97AC@?A><<=9@>F5D;@=D6@=FI:ACBD7FBCBBHDBDB;G>>65>A9>9><89D=:=:E8>'NAKCD@9DHH@BC>=3;>@LDB7TCABA@?44?7EFEI/>:I@BC75D:EF6<;=3BA@5?7A4MH=?A>270>HD:E7B167@?@*=9<@98:B<>?4>A7<@@::@<>/>GG6LH3L?:>>8A;A.8B1?5A")36=9-@70->:+:I@?E4A.7@6>@I=9C?:A9B1B=;A<56;I;893I*.B1HFDA>=?@@7E<7BJ@AF@K7>CD6EAB@@=7D82E?C==>):=<>BD>A5CADF<>>6>,J@@7;?;@B;GC@?O?<6C7:A6>C1=2482A;2@?@6A>E<:8C@GD@?A@3B<2GC>E?@GD=B:=IC=A8?D8C9?GAIFFI@=7FG5=E>E:K9;E3A9D@E77B5GF?FCG4C>@-H<485<=:DE<9??9>68F9CC;:A:@81F@A5B>=88?;*=<897J:.7C=9J?2;@BEB95?@;@:<D6DD?5>9GG7?@J=C9?AI?FBE=;I:E=@:<;;>C;DEHBGD;>=;>::864C5?AAB?>4>G2D8;@DB?:6BAGA=G@>;A?5>F?7@A?09<6?8@<>:?9CJDD4EF63=E?BC:4@@:/9=?B?8F=@A;==2=C;FAF?GF?>>G=C>1=CDB=9=+;<9;8>:@<9FCBD2;;5>2A@A?>>=:C76C8@E0E?:6EAC@A=AF2A?=B78>:9C?A-;5BCF?5FE@5?6?2;?7B:?>A.=?0@6=B:CEF@AA?@BCB;A@K>@CB@A??8A:3@=>9887=8;;A?9BD;E>86@C>BA@>:BL<=AAD98B3HE>A@CE=:=BEE9:?A9??@B8KG@58>?=>3B@;?E>A>F:AA?BBEA<6A8:=JC?@;CFA>8E;B;LDG>A;>G@EGD1CB>I8:>BFDE?CAF9;8GFH9F:4CC7?E@@EB9ABBGBDC;@GH>AF@N@3>EI;C>IDEHC8F:EAD;3D9@H?G<@?GGA7AB=F=>?3@INIB?G7@<>?;88774EA84;,:DJ94B>F?>6A->;=HF;LD9A=>PBM@8B:9@ALEG7>:B>?K6DCUD1CH?/?CG;:?7@KDC@L?LA6HN@G7:9@HDAC>E?BK>=H>DH;A@?=EO=@BNAA=>=E4B<85AAD?>@B5@?A6B=24B;L7-AABL<-8>9Q=B?=;A4@+@B7>?1EB@5;8:;F=H?E;>;B94A8@2<:4?;=C>A?>B9=50C/E?83C?;>7D+>4;76>?BBIC?5:<97;*@20?=B97=GC-A=7:.>9=4A?D@=D@F2D??A:9A;7;=?7%:=7@B5E?B>==<<37>><>C?7>C2=8=2CB=:B>-@1>3A@*>B>;&>>;@;5AA:6A68>A@2>=2<=49A0B?B4B>AD6=;::@@9L@=:>>5F@>E>;,:?<@8D3>>A=DBF??D4B7?3EG4A??B6=<@C?9E9;A;A>;A::A;A;@B24C7F=-A=A<@=I=;2?=A;=82<@:6;?E:5C9FB<@0A@@?BE;??G@KJCC8@FD=>DL>@M>AD@=B>;@IFIE8BI?=DD785@8:>GG>EC@:?E8?:>@:BC97E:D9E4>AF>6?CE:C;H>7A@6B@?;E(.>;:@4-59=D?=A5?:6?8<@D9?@>799<-993BC:9@769E;,6:DAC4@;?4;C9B9D;BE/4:>20<48=A4B9:>;E?D:>:G<>>@=@C>3E97A,;1=F>/C8E@>7E9@?D;CB3=@9>:CC@>8:7E8?>@BIAC34=D9==>9B?A?;FE;EA<;=D9B:D?>@=>?:KBB?A9@9?<>FAC:>*=>99D8@A6?;?<1G;@B3=AA9HCB4;45;7@9D@?90?@>BD>:AC<;<=/BAEA=<@=>G:G>=?5=C>F<8A3@DJF><@;34;@@DB@6:>:9C6?8AAG6;9889279::;;=E.3<=CF8CA>5>@7@8=;B?A8:F6AG84FCC=F1<<@H=>>D=;>BI8;;8<9DBOA;3?CAAGE@7?6:B>;G;BMH08A;B@A5FCBDA8EG7CF9F6IEHF5:A:D?@BCG9DEE<:>?H@J@86G@8>=7?>@:=GE9=4=GA26D9A?>86204@JCGEBBDEA>EN7EA?@?;EC0HDIC?A7?;A<>EA9DJC;:><5;4B;>7I?@?8EC8;C>H:F8=DBCDHGGD;NH>B>CG>EFIQ?BBB8@D?HD9C7<4>BG9I7JHQDDDB=GHF;BEG@LD;B8@+?BACBCJDEC3MCA>C<8@FDBL@BPQED>I@F>AG9GJ?ABA8>?A=>FDODAD>@;8A=O?HGM@7@>=F=@KHE;2;:IH1@B9B4?B/8@C?7<@4AA9<;;>=C?I<<8@=>@H=<>DAACF?=>>:6@FBI7GJEEF-3:JEB5B:@;0;==%AK:D<;A1;D@>B7<44/C5236A2DC7;=?>@@?BB0:D946AA>=C.F6;9:7B04:;AF4=8:<=D4M8:>=8@I5@9A77@AGA08BB;@0JFA<.1;?=@;EB;7;96=-=@7;5>9@7;6?6;@B7@@3??9?<48D>;/.?D6718@C@F:;E8EA?44=>=8@,;:4=8A?75@><@17+??=B@5>DFA81<@=BA95=>D>=C:G?DC>+=?@@BA>C9?AB?A?C:?FF>@>2CE9BBC82CL>;6?9D=;9>?HAG,??>?EB@5.A4H:ABD9ADE?.>:>;<>;1@<>E@ABG;>8=@DCC@<=B@G<:47>=6AI46BB6=8AA>AA<4>F>69)A:B5:?:7D=A4A986>DAE96@>3:7=HA=8:;2HB81@95;:C4@9,:?.C0?<<7>1==36AH9DD@?>I,DCB@:4=@C?7;=>:A=E>>8=B(:'1-?G=7D.9=?@=>82=;;@87CF8G<6HAF?>9?EE?IA8::HGA@?<@H:555H@FCA9C?5D7E69E4F?H@9AH5-;>4:9F?B>B9B;9@@<9>;?>@DCDC==A=<9=?5>;5@H@6@BCA5H@6AB7E?F2?=I6H@?A;?=E:@=>==@5@D8EA:8?E<@;M=>>:@AC;6;-9=@?D1GG7>:B@>4K@:@C@D::?C;C3;A@@?;@5>>KE@C8=8>3<7@CDFF?>@8FCA:BC9>9B<>?8H49.>9452:>GB2:?D>E1@<@>FA9>:6@4A8?:6=>?B>C8@AE=C@@?;9=<2BACGB?A?/2B@?B=5ECCC@KHIAHBF=>E@H8ABB><7EJCC>:L?3CF?=6B;EECFDD:=B:D8E>8AA=AA=J>9B?=@BB=G??/*E:@9BEHAF>=CFBD@B=?;6D<6?;B:<9;:B88JABHHF?A55E5GEA<7KJC?:@KC;C:E=CE@7D<EFE<;6=B6AEAG<@KED@FABH2D?<@G7?B:<@7G4@/=8<<4J9EA=AHD>EGFK5?;=AIHJE8>=Ee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jOJFIDC;?:8BGRH@FCKDCDB2:?:17C5:=C;6FE@8BBD0K9>?D>D>BGD>;<>BCEA>?D8>D9B3CC?BF@C8C<;-@C@?KA@E<<1BH>B>J9@CI8@;>FBC9C3=A4<3GF:6E;BD58LHE>9<=BD-=6?@D@5;C<@?A9;5DEFC;5?<@@OBAABBB>@?B3<7399:8EGG=78FG:G5H>D?C:EI@@D+=,?:0<6>50;//=J:,:#1,;;EDD9?A>??;3:C2:F:E;;?058EB;?>A9=-?=;I1?F<;D<+<4"C87=2BH;8;7A>(??@79D;=;;A6GD934AB7G@<=65@=;>C>43/;;@6;:=8=?75A8<>B5>:@:=>8=67B<.?3CC;AE:>AA9*?9G==6;A88;<3>=@;8>2F8;6I=95D?AA2C>7D@A<33AD<25/2;DD?>8@@?@;@>A@>C6J??A=>6:<2;*;0;C4B?>>C9E.=5D5I>95/A>=/ACB=>F=77=@0B?<8;92=A399D2=B0;>D2C?2C7=??=:B?2496CD?FBCJA;=>=364/=?3HC9==<>E<::/>7>CIB7B@.E??CG@;>;@>09:CBG@=AABA8>9<36FF=:@@??;8+;<=>B@3B*?7C=@>9=>=J9;8J=DC28BDDFBBFC?<@A9HC7=?>/?E98;D>:B73?897:B8A9:1>B182DCG9I?7H819G;?@>=K:E=A?@M=??5ABAA6BAB8=?:(D>A@==8E8';=:?B=?9B<>:327>D?9GD@>.B;H8'EB@@H@H::BB>HACE?A:4D=E:BFPAE;L?BD=B8B>A>F;;7A7DB<<:;J97DF9>>8>>;@>F;C<;@<@D9D>EAE==@BDGE5EA>J5<8A<53@?C@B9=?@N;?C:8@E7GF9>HBICFFE?77>=BJC;?9HB9D??C<=6AF2C:?>B=@4DK+DM<<;==:A9BB=D5=;@D=@AI>7;B?HIB?>>K6;:GCD1DD7=EEJ?OCP2F6>/;CHIID=@;-?<>JABCDD795FC?KHC@=BFI=3BAIC=C:9=@G8BG;C47?C:?J:H:AB;?BN:7A<2?C9O5G>?C@=>E>AKND@B>2BI47=BC:DCA;>FLACC;BDC;95A=FEKGM7EA=?2?F=A?CHE:C?9DHB>:9J;=BCDB32=786>:C6:>AB788B@:ICDI7:;=6B:?@@B:A38=D=482ACE7>;=:?@B@=2ACDB;B5<9F:DEB?2E;@?8;A>>6:>389J>:A7@BB=E;=@@:(B8C>A6:A>>>>:DAGB;FE8G>;C5;<7?6;=1>JA;?4A8AB>A9A?@D4@94@BB?<2098D78F0:J@G;L8JA@>@4==CA9CB<>@;>CA<@;A>DEE:8<5C5:=?06B>@E>;>C;>D=:E:AH:B>>64@B7=>B?;:D7<;DBBAD1BHE5D:A>:=BA@BOC?G0@;C3@?4@>@:3@CE=F;DEAHJS58;?JAA<2;8B7@?:BC87B(@:A;3947=19=7;G?EC?@B>FJAAD=@?>:6@9E/4>9A7?F4>;B<4F1=G?FE?K>;:481>;<8>8<>>?<@@@>B)C.F?8F=9:B@@@7;;292;@@DE>;D47C@?<4;:A=@74=8<6<5?K7=A44?@5B>:C>;E:A6;;;:1<+>H7F5??4>B41D8>>=>CDE@:E912>7;=;16;EHC:7:=<DD==5G?=@>DI;C@A=CF5+=>1>G;B=933@:B7E38C;<96;=7>?.<=A?AHD>=8=>?;?:5??42?AE6?>BAL79094A64DB@<>;15>F0-:C8@?78;BA<@A:@DH8@98@@G3B@;;B94C@<@9H?B1:D6FCCB99A;DE89CH<7>=6/E:@88==FD?@:<>84-6=7H>0A=7A3=9HE33>DI;>5<4CB:;AB=1;@CDF@BC>I9D@8G/A@>==AC?:<9FBC15;B@>>8=><>=/<=9:9CD?;@=H8>FAF;?=A;C5IE@:7@67?GI>CDE<<@EKIG@D868D5T@?B>BG>L<@?67;BG>DJ;@PICB><@A?@J8:B?8AC@@;7D@>1A<96B=FG*I?<59BE>/C;=?@85@D;?=FECFVDA:?:=FGEIJGBBKEIJ@IE9:>8J6@B@=?)LA<6>88EH:]BFDBB.D=0E<@JEBHFI19=:5?BGJ-C;DC?;;HBK>;-ED9C=;?B=AAA>81:?CD?=5W=?DGC>>>?4@?3?F@@10AL@BADF2>HFJA5A:@@DC@=B;DAA3=OEF38EK=B?D8;3:5@>B?IB3#6G>3A5==>@C6D7BFB=>?7@99?:&:AHI;;?8:>AC94D3C9+>JA?.BAC?7B;6B=;CD<68$A6A>86;32;4>&>>A5=6F9>DBADG:56<0C6/1?A733;988;L=;C7B5:=B4:<=>?9A:5D96??;;?;>63E>?@=<57@H=?H;<95;@FD4:=5>9B<6:==B=AA6@;B?:>>>EB3E>A?@5?94BCA;DA=1CFA*1?B=>99IA989<@>??6G;7<9+=9F>@FI@DGFA=>?87@G1F=B:FEDG=B>A4+A60@8F<:;EAFE=64B=68FH<@BBB7<<3>JC:8EC0:C43?8759?>??8BCAB:C;;;BABF<;:92E5@A:;C@3<:665>@A:B37B?G874?9:6:-BB:A7C>@>(HC;FC<:8B>=>?6B2898DDGB9B?8CF:<1A29B?8=BCCI=FBDB?60E:D>?::>;C@=D@>C83A:678BE>5D:<@C87=?::HIG/5B9A>>;:=:135DBAC>:7>F?@A==6:>@.2A98.6;*7):A?:;9CAGB3;;??6CC;7:EBC8A;>9FC:7FA<?>>;A9>?;?6;K>?L=?;?BIAI3<:E@==3=?3GD;74:*G6EB:3;=A9:::IC;;A@@@5<>@><7;MD8>6A@CC4A;?@C9EB7@=::>=@09B;4>BC6F>GB@BB=J;:4K>CIB:DB;DGE7423E9A==F24@C?C<?::IB=AA<9:;=D?B<3CB=9OFJC8?8@CCC0D?AC?A<:EJ;H;JHEDDND7DCE@AEG>=?K@I@2EE7:59D?2C@>?CC>BD>MJ9>HGH>)B@D@;FB=DCA;<96GJCEGE9FA7=7DA=:F?I;EK==4?@@AAGHI5G;>?EFA;7C>DH:A5>A8@DL:HD8>GA-8AAA8D>>4>;DIEJ;EGB6@A=H=IB>7:9><7E;C7=3AA4;=@@>?>FDEEJ>C;;G6A9H97877@=;CADC:EB25@=5?89<-BO6D>EBDB@;EBA@??;9BCICBA88G,8GB@4>=CD8H<%<<3>:I=?==CBCD/;A7>FH/D7:43F75K6:.<@HC,GM2B.;7A<7CBF3;,7>:AA0D2CEF;9;1;@C46@=3261?A>9=<>@B>8>C@=@?1=3ED?:?>878C3DCD@4C<>@=?>?B=A>@.BB;/<@?@=?K@:G2/<9;<9-B;@@5<:A<:>A>CCCEFD?CJ=::*?@6GE.@??@F<=:CDA@CB;ACI>?=CBB>4B7BJD7M:E?:G@<=FCB)65AC=BA?BAG@3;AE8>BBBE>?76A?2BC9,D?HFB?F<>9@:J?A8:8C@DCDBKC:?D=@B;?>EAA>AC@A<7;E=7(CDE3?>D?BE<=C9;9*ABCBID:3CCBG>588D1950->:=4?=<A;=D:F<.G=@>=I9A@=?:HJI>>9?BA:CB>CFD>A@BBC@?;<FAG@3<8:>:B=:::@6>9C?)BC:>8E<5<>A;C86B,7BF9=G89AB;+>B=3<69A@8@6:95:=9E@@C9G?9<:=@@?H<2C@>17?A8D5D9:I<<6?C@E?86@D4'6?E:>*>:C9=?F8FGBC4B<05E:@=BIFE>4ED:AB?F78@-DE@E>G;9@@C8A@;57GJE<48C:4BB49BH6;6=;K9F6@ML;BEA2@BFD80?IDD=?C>61<;8?AH:@B49AC;@;B=>>:B>E;F9MFB99H6?2AD?=96D;=9@ACE<5C;@I@>B<:>IB;DD>?9AFAG@AAAACEB;DCA9EIJ0E3CFJ@EHC>D?B9=:?9;3@>@=9DEJ:DD:GGEFHAB7>OEEAB:DCA:B?C:AHH>HD;A?G>4DHBF?@D=E???CG9FCD@=F?EC8FI>>A1BP>@E8H6ABEA6@BA;D9C;@9I8:DFA@>G7:CEADHD6>D>OA;A=D?@9DEEF=A6EALNE6?AA:A=FDA=B<>AJHJF9HB4C6E?CDGGKBA<>A;B@F=EHCEL?A7F??3>@FEB8F?5A9>4JCH:FJ1?A;>72>5>0.=A;?AC)7FA@.DK/AFEOF@F:@BD1G4HDD"AIBI=BE@?CF7H>C8=GA@;9:950>C;B6AF>;H1=D;C@CD=I8>D:>>B>A-B<>=ACFN<=9IFB2=EAJF=888EBDEBBCBAD@5=@F9BD68;:BHHJG=CCD:E?>:1>0D5-7?E?/;V?A0EDD@>A8A6::29:66=DE>>B@==<576A3B@89AE>9>9C32>E=DO&(41??<4>:6C?@CB5M?1/;E9:=?>6A?/AAD@5D;<5C<@2??EA>@;AC?C<9+8C9@@AAC:@7E?CB9:?@9@;5;DA?8;>6BF/@;B=@A>3J7;.ED?B@=<>IC8AC:E=/A?2;AEAC@89;GEB>=;:AB3;J?1@>DL3>E1B;C4BGJD>+D?HB@B>:E=BB<;-C=>DAC>?72?H?CDA6,AE7C?:=HAC=@37>@<9>A?CD9=7>5?/D@@<;=CFAEG9>AB7@<>@=;7D@<@C7H9G==*,H>@?HIA:0D:HAA=C6>@<9@F7;EAD4@4=6E@B@E=A+87A>==3=I=CBH/=FA6:ADE?;9>A>CD9KIA?FGACJ2=A9AF>>7.68@A???D/>@0?CDBA:49=>G@6>ECA:DE=B8?DA===?=>;6CC>5D6<;E6EF<9E=:JA=9>>>GFA;A6;EDBC:C;95D?B6JEA9B?=:B79FBL=6@<:;DB3H2?==;@I895>E96;@IAFD:C79?<>?87@7;8=>A4>>I1+7AFB>95B4;CB:AF8IKFG7D;>>?=E?87GCE@9D9B@>CDD>BBB6;C;7;?=@80@>P?BACC:GDGJEM@9==93=9F5<>HFI;FI??B>D=BLD?@==E?AL9==FE@=E9I8>E>M39:A5@C=ABC>EC;CCEC>CGA@>;84=(EI:?BDEB@.7L:8?REHE?J9GK5@===>?D=CAIKBA>:@?D4AICF:<:DDBHCF85A7GDHAIH=I<7>:=JE8KBA2@6:B?<;HVC>9:ED>B.?IBH5IKABM@9D@JDIFBC=;;?1BEHH77B>@KC9B9B?CDH:UC:1AB?=6@@:>:BL?<5FC;>787BF;2?>;(<>:IDFF28K;>?;MA2F;M?BG@<=8AGHE:DM?>CGGC5@+=>B5@>D?=6D1A>;0=@>D.1A@D;86C?>9;C7FNB9D7D8@/80?E=E:;<"3==CE22FB>E=A;A;8AJ:E5DAB-G-;=8D7@8LF?>C7G)?C??H=8D>=C=G?.@=C9;953@?<5B>=;4,>6>47=AC:062H<=<6:34@CM=B@@9<;<=>IC.;:>@>A<J9A;7DDH?B9GC>0?:>ABD@9>E=E>6C4N98?8;A6FEA;9>@@BJ9I=G@>B>89@F1@:9/>A>@@FAEGI<8FC9AE>:<6A;G/BN7C>C;0=BMA9F@E>@E<<=I??A?>:FMC>:H;BCJ?=CC;D:BCAAA?A?DF2B;;A?D;D=C6@@G@BEC0FCDD/;E>I7D-;8B>DDC;?E>A4B>;F8BA6EBI8K77@8:@;<>GD>C2<;;4>??9=A75;B@BMA@@:;6CD98?HB>2<:E9=0<8F59@9;=:B4,9?:<>(2<<@:EF@4EJ:0589>C9A9D=2:1C9=@>::;@@F:A:@DCA>FF79=D8D:@C9@I@>=>B/A7=<=FH=>C:CB?A0;<@@AA4@A8B>9EED:=8<,C9FB8?<:A:ABCBA=>O:>3A>BAD<=4?B:84G?C=9CG?7DI;CC85KBHB>B@=EA8DEG<=B?;9@7+6<@7AC=77>D<<>;>?11?/F3AJ;9@>G6;>FD@B<4C;C=9?B=@F@:CDDE?D09HD:>@?CE?8FB@@C5=1@A8A@C?G=;<:9DE@57:H60EHA<A?86?97=6?3<>DCA<@@8:E>A5:HGKKgj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q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¤ÿÿÿÿÖj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v²ÿÿÿ­v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ms^PD6:?DD/F27B=C@DFAFMEB>FDBMF2>@E?56F27=AA@PKB?HG=:3OOEHAEAG?H8C?JN>E>C8?>@DB<8BJ<<6A;=>B7>L>@CBI=J?:>E@CF?1D69AA1AAAG9AGGM5?E;CLHA?HE<8JL@'?G6CBAC68<<@>7EFGA?BBB@@KIDOGHF?LGL>@==YD5>?CFEFDA:HFHA=LHM3GIAH7AE@DJHFLJNC=>LAHFGFKF7>;NECJFAHJDCFIIH8GMAK:B5?GB?C:C?CSCBQCIHB=A:CO6?8DEEJDFIAA/@?BMRFE?>N@H>BCD;L@=0>A>AG=@;?B;AII?>EF>A=D;>?98DF6AE3477><;<:EIC@H=47;9EBBFEC07EKB?B5C==>E5:E87B@?AF55=.6AEA?9=4E-8>D;BE@,>;??54>CA05C<.GCGC%@>>BC./4=8;DBB;D>91539;;A?;A?367:C@<3<>?8A9>&A<>1%5C@58A@D2>?C?E;?C=58*@:;1;*JBAFC189EG;B:<@>F5<9??C=>FH84@:5H@7FGMMF:8?3><A@>BC6<AG=J?G>C,E62GDG@DG=H;>H@ABC?C@G::3@7@=>=7A>?>AG8HHF:<>A1C::J=18EAAG?H>>3@<5GJ;B;D<=?:;C?CC@@9D<;9>2;?@;>D>BA<>.8;A>@:7;A:5<9>9==;:>FB;?=88;BAI5:9:>;>A@@<6?G+5566@:;.>>6;@==G:@<@@@>E5?C?<@?J:D>;ABF9<=:>589?>B??A5D:F>?B6?=F@AB?@7CCBMB5HE@A-DC8>B7><<6;IE=;@>=B;5J=@M>;@C>6:C<>@F?:G;=CEIECEC;9B=A;?B@CJ?35=??7@FB@@9>:7?:C;AF4>@=9>?@H8F?=?;=9>AJ;A9@E@49/?@B<4EKE>?=@=DC<@AH?DDDEKBELDC;ECR8?@<9@;GB:;?D;IG78C@>E4B@;?9:;P4F@>;ADIC@BA@DF:EC>??AGGDDGADE=?GBB>:?;KHC?F9IDCC=ACDF@E@F?E6:BB@A<;=E7D;>??C?GH6AFGFEFL?@D6?6NG;DHD>@HBBD>B0=DB@AFB2>H?9@6=7CB9=B:J8AIFEAK=J5B?9E?D>FEA;CIFK9?C;@BFECGGBJ@B:ED@D1:DF@FBD4=JE>:BA>H?D?B5CC?HA>PCCEGCGE9?J>7?G>@D73DB;<8CA:FE9>G<;BEDODO>;CAEA?=6?D<=JF96@>LIB<=C>CGBA>E@:;C3@7@;C=8LB>7CG;=E(B:D>4.BB980AC4EF:11@=@CH=AT0=47;9F:>3EA?>09B75=,5EE=D1:>7@:A794FH9?E74FA@>F73B?DE?C55?:A>=G=G*F?G@??2:,7?4B,<;B6A;:E?9A<@659=;>B;@3>D<7<4-0688=@A?6N,C?5?6;G;H93?5?<718=?F9?BD@??.:>=407AH-D>91A2?<;C,:<4A;;AC?/9;&>8<8CH;<>A;2<5:::CK;/>=CC8=D?*89CBCE=+I>F@A?7<<>?BB;?C><<<6=A?1;?G:0F=9<>B7C5A=B?ECB4AG?>.F==?C9=7C@CF6F9-9<>=H81<;BBDG=DG;8?@H;ADA=>2?1=;BB:B9G@@FK@FDF6BB@BC@@7FHL;8IAAA3G>:?@8<=23:BA?=;;A?A1??EAH;>C6FH@.DE>7:;82<+7A;?@68;<>:.=4;:>F8?;5=C9DEC<5A;;C:1=9H54?3AD6<8@AB>>D:?A;07A>?A0E;A=>A6CAB@7*@>:8F@I@??ED;B178<>?BAGBEEBLGD;@?A5?BCLCD6:>I@B>CBC;4MC@A?DG<=B>?=8A>;B:>A;8C1@B7A@@?A;A;AF=C=FDD.CDA:C>A@C?C>C@/B8@DD?7@9>:=D269DA>J=;D=>F:B>CF:;;>@@>CGAD>ACC:AC=AD>EADD5E>91JA9G8;6BAC=DGAC>8?D?@>84D>8A@77F@>38>?BA@54AC<;=57AF2>C@AG1CJFA=F>IBG?>@4AB<<9=A>G>BIJ>D:D8DE;E:=6D=@;??=DCD>KGF:G?AABEC;>EJ>?8BCDFD9E?BGALFG=DAGB@7?=FCN8<>AF6F8CJG?EA?DFC@CG=B@>A=DKB6APF5B?6>:FHKI;??ADHDQ6AC0GF>8E:AI@@;?7@BI@DED87D?=@@FA6BEF3;D>D9=HDGBD?FIA?B>EH>@6B9>>JF5C4BB@BFGD@:B=PK@KF>>F@@ECEA@A94B==DE;>9AI@6BEB,BHB4A5/M=GHF=9E;C>:E?FDBDGJF>:H@9CBFF>EFH4JKM?B9IM3@DH?EG@BD=KFA;9>>EVJEHEEBC=9LWECDEHLMCC?7BM?BCDGGDD=DBE=KG=AEDAFDE>N@B:81JA?;AB=3D*8B>;@CEKEB;?HIC68@@>??:=@<9=;:8AA?74<@?F7HEDEF9@I?36A9C+B:<>94DF>JF>1AE:?>.:?47;C:DG1C9E>E3B?H>?EB<9A7;=A;BM@H@,D;0@EGA8A8@0:C7CCAE@>>H=@<:BL;8KDA?B;;8C=C06;1$9>=DA?>4B::EABB<;?>D??=@;DAB3DC=4DC1A>C6?8L?<-CD@5IN>4?BD3@48<=D8=B?C9@6;8?F:93?GB77@HDDA:DE7;:><:;6I5808AEAC;/DDDC>?IB;:10D-2>@A<2@2AH3E<<@G3E9JF@GB?>GA<1D:>GCH@D>8?@BB:EG:AD7ID5EA3C;F=H9:C;<>>=>?DA;7<8D;==??>C9<D=C=?A<=@;H5?:8=<:7<58:;B@A>F::?AH@CA?,??A48AC:83><:;F1H@E>???E4=J::E<:EJ??;>3@C5=GH;6B@>4=>6E7?F7A1B;=FC;/:A4=AD?<@?@>H>B>?C59>1BA<>6=<=@8>D885?>9=D@D5>F?6:;@6C=B@A6EBC@CA@BC?9B:AG;8:@F??=@=E@?IBC>D2;@:::?>=@$5+@H+6A@<>6=>=5,9=:C73F=>:>A12A17;7RD:==@A>>B=;6>?:@BE;6C:<.BF87@RGC<>CBC7C?FB?3B7A?;2>@>=9B>>D6HCNGGJ?H=??BC5CFB?<@;IHA@GA@9==:B=EF>B9ABAB?E9>;A;9>BE9F:BCCGPF<=AK;>HE?MA?DC>D@@??A@NBA@F;D=DCG6?GFBIC/AF9>8=;I=@D#1=2;DHEC==F=C<7D?@SB@;F=GD@CK:=/G=;A>=?G>EIA@;;+9E9=A899:EFMC2FH>:PE:>IKBGC:G<@COP=D?KPLGIME?AACL?>>:G@C@?4?BFEC9;?F@BJ=JFC@LDBK<>;>NDAAF7C7C4KC8GF?HMGB@FKF=G=AK6BMFGCL>?EJEOE@=@E;EADA:=>C>BF?K??9ECBGGBE8I:DAD:EAK>>HDPL:GBLCQA8OJ>>ACDH@/@7A/<@GD?H8@JD=C@E@CC?@AE5KGBN=B;;>94J9=5ME:8@AFC9G==LEDH?IC@<5=@=>UH?=7A<3>@KC;JC.?<<3?;<>9L>=>C:<4??AFBDAC>>CL-;D9C7A028"7!B5@BAACHD9>49B>A8BE?;0A:==E?B;7F?>DG37A9;A?GB.@9=AADE+?A;HM3>C5@CBK<33AF:BAFI59D1:?=J?37@;;;3E@B;98:<2>*CE=8G;45>9>>KD=A:>92D6E>;5IBF>0?>A@:+B@AC=?@<;@AE8:>9>?>D8?<<;;7??<54<8=27@;BD7>>C=A4=5<;DB:93B@@AKC?F>CAG;EFCBCA268F4CC?9IGLHAG*GA@>?@DEJCFGC2>@9B7?>B8@J9GDA>I8HBAAA>9?4G8>?B;8;AA4CADA4B=:9A<4C@A=3=?G>BD:5:=@.=:;CB:HDK<;;847>;@=??8DC7??5>:;>?H7>5<@?J0;C7A97;9A>68:?=6>:C;4C3BBFC:?=@B?BF8;@B?>>>9?J<2GF324@>=9=A7DF=@9/6H49:64>;;A93:DA;B8GA6CDCB@8==;D?=8@1?>@A;=@=;;B:>7:GB7@?C>JE=C=6>BAG=@;EDG6J9A@??ADJ=?5GH<977(>7G5>E;GE7;8@B=9@<2::;AC>F7=:?=D=A76=1A;G:@A>E7:=9EB5CA=HDHBB*<;AA9B;B<>=A9B96CE:@B;5>>;B43G?B?D>-C5>CB@F<9E@ED9?D@=FGAD?E;4BBFM=EBB<4HBPG7A@@HN>A?C7ECF?0B75=HDDH9B9@<;GDA?9=E7IMBDP:3;9DD>G:;E>B;AJD7BGJ=?A>?1:C7CFE>:9=3C@=CKB12>G8;ACCC6CLBHA?<9>;K:7LI?8FC7DNFC@NGDFGECF8HBME:?FODQ?<0PH=BDG?C@?KD>C@FM2ECHGK=I66:>96FBC?@9U9NAD>HMB=AKSEDG@7I@)B=<>CE>8:@6L@@L>C>:I@?@PJEECCE:BE=6>CD?@>F=;C?=@:E@G<;BF9==<26;;CCIC@=?FF@>E@CB>9@9DLDDC@8@H=D=<@??89;.=I?QG>CA7AE;4@:I=8@@EA=E5AAGLEBCAF4F@II=C>?G9-?<;@A4?)F/D@>0;1=85??5G;HB:525/4A90DE6=>D;?5>F0CF>6G@==>;FG:A#E=*<6PG9;>>@@?>?;4F>DB2A@A?DC;ACC+;?@B:@?@G@3@=?BGEG?A;C?;I?<9E7A?A==IC>E@DC>B47:@@F<=DBDI:DDBE@C@F=C<6?@C@9==A;?G;B@DIC@7G@A9E>BJ@>@6;C,@D?CC>DJ6BA3@3@CCB=<6:D@D73A6C<8<>;8:59@8D3)2;:>AF>B9EAE557@=AB8@;4A5>3@@?BA8@H@?<;;>:@@/C>BF@>@7GB:I4?<5?F?AA::7@=?A@4F?=@GB;=D3CD@<8GB==E@889;:=?16?A9G/7:<>=@B97AEE94@3DADE?=9@L9?H<79;?F<@C6C@4=A;E;@:9=AE>:<:36IB@4=;69?;=<84>'B;?;>?AE3FDB@A27?AA@=G<7>6E@@A=97I>GA;9@CE5FB;4E<9?;@@LF=336>?338B>?==>=DA=;A7BCG;@?CD>9GD.>=@I9BC6==?H959AB>:?A==CB@9BEB>>K>0@8CF?:/@?CAADA87A5D;>AF7?=6C>B9@A=@??B?9;=HG<=?<:;<@>D887@:@?D?@BB6I=CE>B@BB4B>A:>@8BCDJAF>DFCG=1C;B@HHG@@9AIF=>@=BC@ABF;;FDCF:A=F4?/AG?;@=DD?3>EY@A@=?HHF?0?E8;>E;CBCB>A91HCI=@=>@B@ADBA>>:<99HABK@>E<;FFE@D<8FDGPH>893K=GDBCDHD@FK;/=:JI<9K4@C>@FB>CJ=LGC@@E8F?I>G=?HK=?CC>N;5;?>FQEFCE:FBA@MEL=F=7LHB9M=K?38@3B;C:7>5B8DBF2F8CIHKGCF>==J?G=CE<;<,F>2C=@EB>87IDEA6A>C:DEJHGL<>DE>>6E3:@BDD?@B4>9KKCE?H;D;534>B6FFGA?BAD=BA8D@@L?BB>?7(D=C=4C@B,C5>>>7<2?6<;G"O=@E>@2@/;H3&BE>4,E=AH<5=??=BC<,EB>=>:A9A?4?C@>785?7:B3B=:=KCE7A@886F>@3@J>=IH7>E@@?F6FB=@7<A?/@?FC>LA@==>H7?O?BABF49DDCAIEBG8A>=@GBE=>?=HEIB?KEL8AJC9>HCB@H@B>A;E?C2>B6/>DM:JG9KD@EED?G9?CCFDCH=8;=A>9?@@0;;D1@95CB=7C@=E=:8B>AEFA1DAF=;DGB8=B??E=C3=:7B7E?7A=B=@2AC;?>A?BEDG<:<6>C9;:1DAA@?DE;E5=/J>D8BFC=?AI:>CI=?FC@AD:==:1AAA:8I5EG5DACFF:EEB>H9>:D::CBD9IA@ID?G?@DA:?77=K>/>=C@9E<::==F6B3?C?@94G??.D5???==A1;?BA?9A8;?DD4A<>BF?E?5@@<=C>E::@BA>>AAB>/FA9>?858?:ED;=H?CG2J9=GD==EA984?BB;:F8?:>@;>AD3I@H8BA=G?;>@@E@AC87:G?20IA=B>FG@>9C>==GE;IA7AFCBIF?>?FHA;6B?A6DIBGB=C08D:39:EA7GGE@A48<9E7A>81=BQBBAG>A<0HG@F98;<;?68G@D?JDAG>DD=3GDAA?=B@?I79<;=GC?C?GFCJ?D:FEAGD:JCGPDB?FCAAA<;R=HB>@;F>4=?F@BBFCCIKFHD?J8@:A1@G>NGD=7GEK5GAB@>MCG?D@FJA4F@=;;DAJJ;=;3>9FGAEK0=E9I@8BA4@CDG/CIABOEA6AFG;H9?;5@:>*/>@D@?C1IBB;DA<<8H9@>?B<5:/DB?,AEHDBCA=CA137@>5=EGGCC@>B<9@AB;6@3I?CB8D5FB7@3A.?>8C@F<7;B>A:9*9>:6F>669D15)>38>;==75<>,0+>:.FF@;4AB:@>.>6<34<@55B@BE8<;AA9@B<3H;-8DF=E8;BC6D9G<:CG;=0EA9J@;;9>=6@<:<13+BAB@=A:@B8,JB:E@:CEABD@@=4@BH/LB3=-;=;5*>CG@A?A018CCDE:>?I?D>>:D7KA?BG:C'8A7=@.;A?;?5;*44BB74>@>L>>B<6E<3;=C998@2?=@?88=?<+AC=;B@67>A<@D9E:>>>=9>>9;DBIB=<=6>59?D;@IC786C?3<::9?=>GB;@EAC8GBAC@<87;9E==EFD<;JEABAAA?@G9:BK:B=97@;AC>DCC44:EJG@B@E2D??BB99>@==@@DC8>D>A>A>BC;>@H4B<:6BEEG;JA<;D@1:>>:>;F=4:E<@?:3B5>@F99B=-5@H8D>DBBE@42GF@@IBD:>A;1;B>8ABGB8BB?>BE>9AA?==9;6D=5AG:<;>?B@0A1AF:D@F5AEBD:6==B@A>@7@9=J>=;??>I;AC/=A;>?<@AKC?71AA@C>>?AF:B?D?B:@DC@:9:C?H?>A@F?@A5D>=FAA>=>CD@6;5IFHHDEF49<?@>9>BL9@IB*2G?@CCC@>GG<@@C?J;@CD6=3KA4BEB:C>=;DA8@;HC@D>??:?9;H?CE=C9AA;;A5:54JE56D@B?KI@?A;H;<<=G7C2.F@DB<>C8FG>K6B?CH9I?I<@A=J?G:A?CCKSLFF;@?CA@A3=G@AD@AGBGCMAHDKL=E8?E;89G?CIE>CE==BECM=>I=I6BACEKGKL<>:8A=HR=C5:G7GFC:RX@GKABA@NABHFCBAKJ5CHK;KC>KN@>?AAEA?EG64@BPD8@ICVB@:K>B?A:L>BAKA>DC1D,CI@A>EC>KRDCJ=<><0FBCBFC;47?<9=FCA?EAC5CB>MPEB*?>G?@A7N=8J1D7I?B?M5J5JM:F9:>?C1?AB?GEE;?>BD9H:H<;%39E@3@-;736:>AGH=>C85=C=#07GC;B+9F=D?E=A43:C6?9B3*<>B5>?E,;3BIDE>M7?G=7=94H>2;:4>8B2:==>7;468=;DD@?4:LE:<;=A=C;7@C=B/3>;7<7/86DMAA&H7;??C>DBD;;55D>?:=A;<9FB-*=A8B0GA)A@F0+;?:EBE=;A5=)<A<<98;;A;KBCF:E@0>?9E;@@BCNE=@D3C6I>@CC5?;>B;A9@<<=C92F=F?=?DE?@H=8D>??>5)8B@E@=B>>AA=G:;=8=A?E53A@D9(A;4D:20A=H9<;79@;AE<==C>>5BGC469C=B3<>B;??>@;::?8:KDAJC?EG9;A:<;>D19C7A>6CG>?>?@FEB0A>;FEF?:6@FFD4DBB@AC:A;BBCAB?B@E>4>?A>;DCD:=CCA5A?C3B;@>@6@:>?-8DJC;C>E:A>67:@?8E?BF;E;<9:B41GEHG;>?A@F5F6IE>;<>A@FFH>?ADFA8KEG>IB?@B8FAE0?==B?B7?;D<@>ED@DF;?EC==6FBE:8D@FBG;=AE>@=2CO?>.?FLF=:AAG>E@=?C7?9:D:C:=;EEE9;CA>;D=?FE@A;=>@@F:@8:3?F?C@A?@;ACC6FI8=DCBA8@BCBC@=GM>J>=<=CA>F8H@AF1@ECFH@C5?EAGN@4K>HFMHB?GHHC?@CE3;78>GGGE6A5B/E@FBHJIKC:>OZLDGCB@BC9DAC;=F?=D>AA;BC08CE:E<:EGJM:5:GC-FC;MB4C6BDFGICNAABJF5A>AA@EA>AED.CG&I@E@4:?H>IE@DI?@D/DAF=CB>L3B?D:@@@=A;9@G?D-;?F?GAHBC44;2AICAI?<48>0=ED>)<;=AE?H==D;B1G:,>/D9:3?;9CE64?=AC?65=A8=::7;EC5C>CD:<6D88@*>6@$C,A45@BAG6>7+A:>A@FG7AEAB=:>6A=??JDDC=H9C:@G>6IB;9FEE??2?8ABC>5EB7AD1493DE=B==<74H,6=:?79>9CBG?5A<@F6B>*=;:;;IEA;A>29D7DN-B?@G9DD:C=5?=A?>OCDF8CC:/8E??>D0C:,A>ASF6-8J?@;><6H<6@@E8;@A5@;@?IA;?8C4DBJ4A;K<@>9;C1@C=1C:2@;@E<8:C9AC82DC<=D;D:@73?@::A=FF:G<;:A9<&?1>?A=?@64=;9EA@9D7>>5?D?+:3C?>@998>:CF@<;A?4C5;?<0?A???9;@:?FBAA:<2=9B:?D3C?6?CD>7P>F>=BFH<<9;BD8B@(E>HAC:EF?A8FD>CC9?>6AL:8@8GHB>D3:+;>97?A>AF:?=8;GJE:=86::=?@B=BEA8;6G@GB?E@:EF@DA9==@J:E?G?06I9AI2BAG=K<2AA4F=89ECD8A>>F9/G==;;BDCB?11G2EA?9@79?C;BD>E@9CA>=B>>8=@CF@:>EEAGBDDNG$=EEH:D>/;;HAG@DFC57BE?I@E=QE@=M=8IEP=@F?>FK9JB7?G@8;CHFFCBCB8==@@A?EG:?GA3CAFD9?8A@D;>74>;>L;=AEFD9?FHEC86FA>>5EG>>>;>4@B;AHE=<>D5KD?9BLGB=@A<8D8H@EB=EGBB36==A=A>FG@HKHL9AGA?EI>7MC28EFG:B?>4GHIF=O<>=B=>?:7;ECH4CB8:6>IOC?A>8F:HGIFD66B*G:9-H7P@JIEJDAECEB@HCA>?RJ7IKGM:>33>G?@?=E99AFDC>FD;9CG9IB=HEBIED8DE;>?A6C>ADKAB3BBU=B@AFOLJ9J?;?4>CF8A4AD8O?0;>>7?@D=;:G8AO+HJ76=?Q@;:3E<@DG?<574:>L?EDNECGD7CI=HFGDC>7==D?D1:73:F5@BD;A9>=D=>>.:A>2:@-EH@.;@A9:DC7D;?L=I7FEAD>CBLE:L1E.=CD6?;G=;>C@F:B<;@9@@G@81?B>@72?:1B74?1C5/=IDE;7E>8:B>:>A?:4A>)E=JT<=9B?9GC6@?E=C4E=?EK@5D@:8=?BA65AEF=-0JBB<>-C=JD;CE>@9>FB3CBA5GB>CA/2EI<=B/9B7@@C=><9;=C@??@CH2BA;?>FCJ@>B4>G:?+>A=7>;7?=A;11?:99?<3C@JL17@@FA:,8/=A?@EH;>C>9I1DBFC@=GCE>-8>><8@<>:CEC(@7=;E=H::<=>9C>B/2E<>F?>D78A@>@@A>:CDEC:>4CD;8C0A@=C68@AF?8D?=<=8;:40=7D8<<7BI9:<:@9>??9C??<2:A6;EC@C<7G=E8B4A93<@=AA;B=?AAI36D4BKA>@3?BI3>58BI7:AC:9=CECC=GBAC@7@=5>;J6FJ?8JF>8EAK9@5@<<;E=@B@=D@:8=?:?A>GAEAA1:8CB>D:@:16@;7C=<8>?<<75;6=A4AB1F5>69@=H/==35??A=?12=DB?>3=?<3D6:BB89@?;9=98C>H:=7F:G0<4=D9;36DA:<@9?<6AD7=B4?NB8GBI$?BD?BDBDC>6A3I1>?@9==6ED=D9H><9:A=G?=ADBDC49;?D=AE:A5=,518B;6>>9?I9;8:.;C1>CF@I;;B2AEBK?;3EDE@?B7C>7C=@=:@.39>CB>=@?:@-7>C?G??FC@;F=?;>>AB=><=A8A>;@C@;DB=M;@>AECA@G88?8>>@?8C=8HA5A@4C@:A6+;78GDFI:L;A5BAD:FD8<>A9I>B=E;M?CA=E==AB;@:E2?@7HBII<:?:AI?8<6?8BC%AKIKEH7KAA>B<7KK7BC7GCBBBENEKBDKGDF@GAFMGFDE:9E@CDHB:ODAK@LE6BR;?=>I@AJ5ADHFE?AOEGGCHBIFIGHLBFKHI>=:FPL:C=@MBAI>BNB;CEI7GDB@?8>@A>?F;WE<@EA8;CBBM=D;:2G@@DGSOCGB?9AB?>C>6:=@@=>=J>LC@FMC?CGBG;7NEKG@I@HBIBHH=KCI=E8CB2FHHK2?9C8?AB@E5EC5@/B?Q4)C@=@?HH;/0BHN6C9FNA?@RA63E=E?>57H=B??87G>9>DC9EC.ABA7DNA9>?CA?7C6E?6FB9CB>FE5A<@?CECH87?9F@I;?C>F=7?=9BBA>2B>A=C9>@K?@JI=FCB@A9EA?HC?8:-HD?:C@1B@@2C>>BAC?>;LL@DFC9>2G=?B9@>E=G9B=>3?26;>49LHJEAEF@@=DFB@9EE>:C4;C?:<7BAEEA>:@D@5?@A2BLE=?+<0>3:@;>@FFAB7BF@@;:D48@?=A447@;?5HCDB>:L2@>H9=9@G=5@:FAAC759=5@C>B3EGF8C=8JD>7A>?D5<;AG@A:;H?3?KAC@G1D9/C?7484>5>6DH7@C=9=HFBFC?DBA?G@=6BJ?F:<@IA;8A1:D0A:5DF>7C=CHFCG<@7A=@<:A;F=BJ@:B8@9=GAAECBF@/?=G>5>8>F=CBG=4=;6@FHB6DBCB:@GC?57@E=9:@D?A<;9H6>CB:@:;?B9?:?06?C@><<77=@BA>@98;AE5A>D7E:C277??;N>=3A>E@?A=B@;=AM62=MB;C=@399A@B66?6?B?A=:E?BA<;A;;?<<@DAH@0AEC??;8?@:AB<>AC?:684DD@@?:B@=BBJA>AC7?>==GJ?A>D??B=BG=D;?6@HBF2CF;=F@>7A?>6>9F@@C<@A:3>7=>=>9:=88>5A<:5F=9E;:C;9C<>@=>09<>:B@AD1?D?99C7/E>B=GBF>@.@>8D37>E1<3(GB>:F5D=55BBD=AE@6A<=<;>@=>7;;7?:A=97>@@@?:D76E628BA978E4GEC4=5;A17>7<=<83E5<9CAB;@D;@885<:;?A=:E=>E5A@<=9=A=?A4;6?EBABC:ME;9;8C.=8<947F0A'5>G37H=7:==CAJJ@B:=<:;2CA3?8:>K;K:3BA-9>DCAK=?B:C;D;BGC;@:=EEB:B:6<B85@ABDA@DBD>EC=BEFDC7ACBE6DHJA@>8@BAGB<:G?BCDCF0?9G?BXJE@???K@;D?LSHK>:?H;DBGG@B@G;DHFHGAFK@JKKAB:BDH@E:68?C9>D:>?@BDKLFDG9GMQ-BI2K?=SGQJTA?70MBBN?IB=BD=/:4A=6E>DBBDMI>EG=EIMBK;A>BE@G=ID=>CAI?C?/7AECJD@C>;A@@C734C=?@<@CED@<;BHEOJI->IF;J:NJIA>?AJ6?AG3G8KG@F>G=>F@B>>BAF>>HK:CDBE9@><C?E<2=CJAEA?F9M7861IGCK4?=997C7BF;>883CF3=J;?C438BH?@:=@?B8;=?A7?/DCB==F><81B9?E@,:<:@AAB<0;AF;AB6BF0D?DAGEFD@?A>D<'DI;/C@?6@9E8CAH=;BE?6A:D@B&@BCF5@B28<:;B*;?:H@;7-@C:D:<3@@.F;4H8>6I;H??>>@>75=B><>EC=8:?8A<=A<<=@5D3>@EBD>=>;6H>?HI??0E=D@;?F3?@E=DE75B8@ABA;AB<<>9B=D9D?@E.GDE;G;D>?C=@EBF8@;:?A?B9A?9?;0@>AA=@97EB:/DDA@>A5G9FF;;D7BB?34A=8=;IG@@C?5>@FCN;:9G=9;G?;G@:@?B;BB=?>8CA:BF?A?IA>B=@7@AAA@AH=>CD?A>B0?79DB@9;4;9B6?;8;H;A8:C@@ABCE4D3F@BG=8=<<@A9-?3>7>;>;<<=45AA=G<5:7CE2<:C9M=>-;4>26@:A:32A>5;?B<AEH5D>AE=FH0>>AAA>78>4A8@7<>;:?D9?&1+GA><=@58.A>7D5C;8<:99@AB@?::3=?@4@AH7=:?A::F<.6F/H;;1A>=A2>=G-7@4D6<:C5G>B==??8=8C9:7?4?=7=C;AK3??5DE=>F@BDB3@AA<8B;3:>7;3:=B?=A@C7DB:A8;;::?@7CD9;;=DB>A>:94@;6=25?:5DJ35>C9E<43>AB=988@6;D9;=8A?<62963A=?=:CA2D@9><>/?>89HC>@?>C:@JEHJ4G<@<4=35?CIC@;4=77E@9:FB=EA=:BAEK@<.6>:F4=3?:>E@9=:9<<>?F6DD;3?>A>:A96D>;EEFHB@0:=:BDF>?9F@D9@A>38B<1@C2;:C?;==BF<82A;>CL6>9A>=><=,?@<>A8:9DFIEBEEDDA>H<@>AEDDB>QC4=F7CBGBA>6?BFFDEGB?=7(ACDE?@2EE??6BEC=5>BGFGE:@:C;;>DB>HCA:DGEAECG=@HIMKAODBD4B@FFA/IKGO@KMFFFC=>>>7*AB6==;DDF=?JA:EH@DCIJD=DWB>GIC=J>DF9DMAFCDH@H5FJAT-CGA@=7C>HDB;A@KEAFHB5G@:E;@D@GB;BCFNC7@?>BQD5@;8DA@7=BK;ABB@DAA?>0<;?:4>DD?@>EE6=9>GFCH;;=@F;B@<><8E6A@E@:CB6=9??2@6997E4@?:8:@@8.9@?A9?/A>9<8:DB=F>3E1DAH<@:?BB=@A6>B2==:6>BA=3C9B9D?4@?239=>FC97=@==AA?=@?:GA8J9E@8:2B;=BC5?CAC;B9ADK<@JA5B>B20?BCC64@;42@58=86KC9?>3DB?E?5:B;J;F;B@@):>HED0>7A=C=:7<>ECBA7=;@=BB8C1E4,I@JAE:H94>0@7FAA<=>;:DG@<6EAF@=F<@AD8?@I>>A7>)FA>FC=?<>AFC2@9=GC:=G<7D6BE<<@B;C736DD6>F7AA/D3CD;:8B>0A:A@;6A=9AAC7EC;>8BAEA=6C>A379E?:;D6JAG5A.A@A??F@?:3>7@:DCG::=6:@=6<9EB=F;@F=D:G;EE<;?=3AGD@;68A>;::9@>97;8:;6A/C@@>A@A@>CA75@?C9@<:@I?F:C@1?=?AA%8;@;A>B,>;?@B?<<7=B=<=6CB6298>:2A>C7@<8?7A<;>7AE6ABAA=K@>0=?CE9:C6+0G99?6<4FC=B?5=J<<@D@DF?@?BD>:I:EC=9A89?;6CCD4@@@>B5:>@99==9ABG=?B7<@GBF:=H9D=4AL+7ADB8=@A=C4AA>@4DB:D:-=J?GC>B8@=;;A@48;@EEDC=;?697F=>HC@A=DB4E>2?:B?D;8>=<3FB=?:>55CETIB>CEJ?J:CG=@8@A<<==7?C+9C39=H@B2?@8>:BD?D@B8D>E=>CJFII@GEAHEFE?A974@?@9FFFEKBG=G=<1GB585?9B4@D?>D>CB8?@9@:6GF;A>=E=JFJFB9/:BEDBD;F?>I@K9>;;CMHP8@2MFFDADTDHHBBEGBLOE74NEHJE5:GFGV?ABHCFCEDNC8QHHKLF8EFB?@:@J88TDFG8E8C@DJ9=HC7P:L@CG@M=NLLK9:5LFI:RCFBE=H>H?@r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lPH>Q4?TP=BE>@J;:@9EDAFDGJ<7?FLC>LF@A?A=?B4;9A@F0=C:EA:A@>32CF:B;<@>EDGECB81B0DFED8>J@<@?D@:568GC<<3MC<;4EC55>A>;D9:%8=BJD5EB=<7?B919?;CBB>9JAE@>;:5D>?7?F?EAC;9793@B;?;<=>CCE?G>B@5B?FC6A@=>1>9@5?@4AC@AL>J@D:B>21A//AD;;7@?BB?=383EC=@B=;=@;9;5:6;BA@B@:@DB;:r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e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iCGGG:@HBB;BH@OH5CEBIEFNCCGCB<<:=B78>FDKIHK>A6O@JG;;EBI@JLHJAP@@GGJAAHHLDLCB?GIKAJ?@E=DICDTED>AC>??DNGFGSBJLENESMJ?BDAGINPMPF:OPG=EEF@SFG2FHB?9=DE1@NQ=GMH>IONHJE3.HCDBFH7-@FI<8@HI8CAA?LC:G@E36=F=?E@I;=7DC@.:AAR4B8A/KB<6>FS=>GBF@4JGD<;@=E9>E:C5??<:B?BAFBADDC>1AI;=1>:HBBE>BCE:@9@?I>7:1B@O>0=B7AD/A:9FL=AD?;@<@;B@@@5@8I>48>LB>6<@?,I9BI;F;>8B/:B>=?:??ID<:>K7:1FB:4<;?AC.B;94BFB50A;DC82=5BF:?G-/?62:8+@KA4F69=G6B9B1E:>==F5':=>=C6I8FAHD5?.3@'66D@DCC@3>39i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
  •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~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b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jNOF8I7NIARZIGCH>CIVOP@IVMJJPLMHe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a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aG6MA9DEIAFPQEND@GGD>D,GE@9HNHAF;55D/?JFEEHBB=KFIK^NMJNNFSF@D;BCOV4AMLCASFCIL??BB0@D4B?EKDC6?HKEKFESE3LHE:QZN?8@??FME:qDM>EFI29?ME=IF=A@;C?GA#>=BA827F9=BIB@<898;=BH9@-A,?EE@7;6:61847D><;C<;:7<>9>26@B?A74A<<4E9C<;197D5734@AED1B..:@M@?18<*9JEB;:9B@BA9CCH8FF1CCF30D:L;48@B6CD>9@=?A540=<@7@FCCE=A<8D:<<;G<9;=8G+FK8B?CH4;859<4<4:FCA?;:EA;AAF*FGD;E43<0GAB4DB@IH>C;FC.6>FA1CC/86BEF8A@B=EJF9A>CEB8?=JEB<:J<8;=B?>F7?8>;9B82;;:A@9/E=,?79==99:=B@>7F3648=??A/ABA@/@A4CB?:?;=>5)2><6:C<@=;E2B7=C>B42A4F>8:B3;;D4A?C7@6@<:F28>A=A6<@D6?8=?92948@B;6A>=;;<>G9C>D@=6?C8:.>8>G3BFCBE?8H0>@9>8>=:D1-?A=@ED0?CEB=A:G;??<=@6=>?:9>@<;9:??<@CA;9D9?@>=/079>>5A<=<><:FB>E:A;;>=9@K>:B9;;>CC=>@5=BB8:6?=D:3:6?0>I>@GAB;?<.;88AC6EC7;49??=4=D86?7D.B;GN9@D??FMDM>L79>4<@B5G1=89?=FHBC1<>5D2GF5?0L7><@=?CA?==D=B@E@D;CA?BC?O;==A=:@745;A=?1???<;;AHICCACD?>:?@5?E7FC@@3;?/KB?GB7E6CC5;5?E>>CB3A?AC>:@=IB?GJCDA@D@5BIDPE>DD??KA6D@DE9KLH8IBE?>=I;:C3;?MME;/MGFFP=FNG8KQGBGMJDQ@K?HELCMOZPME8?GSOACF>MA?CEE?@8<B@=>MQGADTTTJHMM9I0,BPIFHB?4BN_NQTILG.MH???A@@GOE75B39D:QJ=M?O@CAB;MPDBA>78@@UBGDL4KA7C=C<;V9AC95@0??A-KQBADCBP:::4A8K=A=>F;@DEA?KD?5BF3G?CA>36C8>@.@AD>FB=:L@;4:>5:@H>?C>96>F8B?I@GBB@=5=>.-=9O2?9?7/?#=+B@DA/=9D7?50C>C>A=9I=<;HJB=BD0BBG=>8<:;4;=@;F=0@29DAI;AA35<17=3>;2CA6<>J>:9A?D>JE;IE>=K:?3;:>C0=33BB;A@BAFE6;=EB* >2;;>;I8?A,0AK=J==>>H.6E6H89E@B/D??D.625<;?2@FC>CD'A&=;F.8EH1=C:G5;2??E6>7?*D9D7><4=7J8H8A>D/89D<=?<>7>:?;:B-BA6;3C79EC;B2./88@7ABA5AG3A?;;31A@72<:8A>?;79F=3=A24DB8=96A7C5:233><=:2G488148B;7'6>3;?@3;>BFEBF<=:9??=<;:C8?A;F9B;F8;=>;;HDG62=5E:E>=A;:>9>1>0A>+2B5@@<3=@<:1EF;8=8J;ACAAB8@>9:>B1H>B72F?@>DF;??9@>9<8I@5?=8A?@98DB:A?<9D5>:==0>ACACEC987=D?:>4CC-=/AE;5A<<;1>>A59?43E;;868C>;E>:KC?:/8>>A2;E0?DB.A@==D?<:9@BDH<6?>;<=9D;A<>?G9<-:IE<=>?C;BF=4EDA?K9>@=<<9GA2=?8=6A=B@D;9?7C8EE?>==9CC::B<@BAG5CAA<=+?DFDF@99=@>6A=0DHC>C2=%=?7?D@G88:AADCA@B>8>=EGD@::;DCE2A>I=<=ED.?AFF@6=M?DECF2@@BAITAJB?NG=BBFI1AH6=C>EB4D68I;DF8><9IDGE:I8E5DB8AD5@B2>K6D*D=DJGDLDHJBDG=KK2CJIF=IKLMNFA;:AGPJF/JBFIDE;X@ENDH>JHMTMPK:8HUJBQCCQLN;PI=>=F?;>DN89E6;CHI@A?:IAOK@DICBMYAGFDLF;EBS<@R;I\L:CCVE@F<=@I@C>@@CGK=E>MO8DGB@E>GA:D?<;D@2M;AD>6>BIKP=GH>JE1;8BEFFEICSF42F491AG0MS:2:29@@=78?EVN7?4=C4@A2AEA85CA??E4549=>A=>FBI84AH>8:28?:B?DB?B?/?8::=,E:;A=F>-02A;575>80G7=A=AE;D/BAD79?@<@:=<=@*9;AH3=CD4-;AB7?@ACCA:B=?I3@3@;;A@;E:;%A86>7B4BD@->ACA==@A@B;CJFD?AFH8B?C>C;>B3;C9E>::D=@7>;AN=;EJ=9>=ED;<2><:C98>?BAB@)1B@E?9@:<;/BAHD@;<>?7A5B8>8;E<>;D;=*<;DC4A2??AJ2?1=96>:=DD=>9>BA/59>6:ACC3;7<8DOK;6:<<><3?+:C?2BDF09C=?:<>-H:<.?ACFI4=EC9>9G=DCB-C/7?=@@=>C@1GA>1:6=C:AE?2@>3>=B05C8D8?0;=?-7DA4A>:7C@B@5BB:4BCB8@:948<<8?D9:;D9>6C9??8B7=:B8?;E73GI<2@5<>>F@BE5FF76AEB81A9=AB?><=9C-:8BFDGJA?H7C@8D46?=9D1@%G?@ACE:B>B:?D7D8==GC9>B??A=?I860:685DEA=5>:;7C>:C<<>;FEL;A=@.8@?C7:;E<)9;>DB:8:/BBB?BJC=?I<@>?*B8:7/B96?>8=>@@AD=>>J76M:<B?<>=:=@HB?7B*E26>;<:IDFC389BHG?EB8<@;9C=DD==LA?AB<>8GADA=DG;I<6ACE@GCB<9C:A?==BC7IFBA>6?<;<3BGD?C5=7=F?;;E'E1:9=:@ACDD?C?CBH17@>B@AC=?8<<;86?>G>I96D>@=D:;>?*@;<>8DE<;DIDCDC@=F>I3KE@B7C:D@HAD@=KB8GD?E7@>9B??AGEA;A=FB:FH>:87I:B>CEAGDDJ;D8HJ@J5E:D,@>C:IEBH?3@DE=B6K88KL4B>::G?K?B?:=??>CD1H=51A>NHJ>NRDCCIIP?B?9GPH5IQ?ALGM>P@DHHC:DC;=PSXQQ@CEKHEAUOQE@L;2>7G=B1BCHIMAHHIF@@;9RACID?E>EGCE>LFC@9BFB59;HA?K:>?AEFN>AJ?@CI9KH>F?G@D@:AO>D?AIKF9G?D?<8?;9762F1<>BF:E>@=B>=A>BA0?A>?<@:6/BH=7.=>36:CG9C.9<>6F;CF@CKA.<7:=B5=8A@>6BJE1;5J9@@?@>95GAF?:F8?BB;;@==@75E;7>>B@@39<3??6CAA@.;<@I;DBA8>M6BBD><;CCG4>6E==A=CD@:=@@9D?=>I;F89@>;@8@>=A98EB=;3:>7D;E=@@;?:>9E;DA>8?<3>=EC>;=78@>B:7:B;5=A;@AG@EA>CAG5EA>>;HC<:;8H6>H=B:?;E;E?B?7B/5FM>?@CBD1E:8:?>>E6F?;86A:>BD<=D928<@2FACB67>67?>?<=A8@D.==6@D95>4529:9@>@:>@C=8BC===:F95?D>>H43=D9CF>ABG->A@A=97>==DHE<7H28;E:AE>91C<<;@?A;B=DA7>?:D4?<<>A@A1=@A95@@:<;/8BE<8B=@AA?ED?5<98=JC@6@:AEBCB95AE>9=B;AFDF>=7<>D8=@BF=B0;2C7@9?7?;C@ABG1>=:A8=;?B>@C=;F6I:4?@9=B*==@C1@J=@?AH=C;@?B8>:@:B79@DAEGED8FAC=R8CEH=A58?C;CE+EE@8AED@I>E9DBA@=>6B??A8?CF6BAFA::=K4@96GA39AJJ@?@;CD=:9@JK9F7=FCABI=6>?DCB>=7>C:=?E@GH@<9I>E>>?BHD=B4<7@CHD=E@8AC>FDDAC9AF?>?HIGS@C>A;HF3@B>C@;RB?=CEGGHCFFA;CG9?;?2FDBBBDJI=@FLIOC5?=JD@I4C@=<@FAHJ8?CQ988C?B2A:FJCM>HECLGOFLOBAYLLQ^IFJ:?OHOEKPWFHPNKKM?B;J7RCA>6=MEJQ?TBFF>EG?V@<@8?EI:H9H@>PXQN>DM;=B4CFGCBBFF>D?;R=K/G=B?8DLLD9CCIG=ADD::FORAB5FD;CCAUBBHNP8?JKAOBC@@B?@B>8GC9GEG0JG@=AJADE;;CE@4BDB9B<9EIA7<7?=FABC:3+BBA?;?<<7@G9@>2DAA9=@3=:6>*7EA,.B5A=>?D;3:+A<84>1C<=:9<03>76;;4G?C;B=:'>A>ED;;;FE=55ACD=<<<==E@L7>H;974:.G4A@CEC=C98<;>BFBG=67J48??F@D1:A?CA;8GB:A.@8J7@BB7H>8?:A;=9>=+3G>CBE6<==A>@/717C@@B-<15E;"K>9=GDJ9C:69>AFD9G@/?2D7;ECEA=@99F=40<5;;;8?5FA:HBAD?31>;::L@@0-.?A>>>:=@0=D:@B4<7:BB?=2=69?C1;=D@>9;>70<=AC15?:9E=AA:@:I=6D3@;A?C=:?2D8AA=F=?A;@B5D:?6:?GAB5:>A=AAF=EBDDC;>G?<<;?@3@A?DA6>??=92A>@>CAD@9=>?9CFCE@HACD51BGE??CA<;@?98D8>A=;CM@>@@:CBGHH@8>BB<=:FF9>4<5;@;;D8BE?9:<;E=>H?7@2:8OBEDCB2@D?CCH?@;A79<>BEH-?B<=95:E;;?DD1>?>3>;@I2@C?B>9EBA;AAACF@JC>DAG3CD;C7'@<5=<>8H@A;>::@EA;E2@9?02<>@>;7BA>G>7DB>=:A6?7:@7;=?;9:FEG=?:=D:79=D:BD99:F=1<:C?D;?>C8<@7=G89B7=AD=>A9F=D>BICBDECDCC7IA>HBA?9A8CE>C<9M=AF<@CB?.C?:1BB@E>C@@E::@;:BCBHEFFADIPPIJBBCG:7=G9AA=N9V:G@C=@=K88GC;FK=DB7?WJN@MHDBACJMMICBIIC=G;N^eVEOMEJIG?WW]@F4;TJHCKZQ?LTUCEAAIJHESEN?AUIG=DCJLFDABBG55D=?CIDKEG:MIA36ESCFMD9EGJOC:DGS76CDFE;@FTE?@P?8E7=KM=I>AKFPc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lJHQXA;CCRLLEUOC@DLNBLHECPH@NMD@IJCBHFB>AG9?>DCH89RE=EHEEBI?GC<>>7BEN>C@IQJ:K:;@DMLLOWDE;HI@AK9BHWL?QHHD@;C?G-=K>IGDH@>GFAQb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aM@C8A?ADDBCDNEC@KA;F=AOA@B>5@EDHD4FBDE7>?B;=>B:B:EBCDHQF?FF@:@>7>C<@L:@9;;C?@5;@<;IFBC6AK@9=>M?>=:AH5JA@@2;28DB<9@696=C<:??4>@@?8B=@6=<5:>M?C919LE?AD@FH=:=FDA=E;CI;D0:78;>BHC@=DC7D0=>?@?D?AG@??C=@IJ:H>>C@>=G=AEB8DCC:>?@D7>BAA:HD4==E2A4>BA><=@DB:=B@AEC>?3FD@>>.AAC@DD2=6L5=LC;DHDFCD@?<1?9C8?C:0>?D@AE@?B>I<>B6D?<=79=G<<8?/=6@0@7;DH?B?@:@;B@>B;B?;BGDFFFB7:(7=;GFAF=39AGC@BLC:=6@<5B7@G?A3B:?;89=9?A>,E;D95@@BA:8AC<8<9?DAD=8>BA:8=@>DD;=J;G=9A691<5?C69>B=:;;BD@9@0>:1?B?A=C;?B@78H=B7L?AIA9B@BDBAG<7J?@>A<4A@1A>AFBB@C@BLD=E?<28<5>@D:D80DG;AF@B54==B?<;=BA7>@9B4H=AC?>@A?<>6<8;3>AE=68A0JDB6>@8E?<>9F;>:DE8$:B7A<:ED@AB?>7?D=6892F6F=@?<;;A97??DD@>9=F>B4A;G@A=FIF9EGCDFB=?G@>6@76:=BK3D>>D<==>L=CDBIDO6;DAA;DD>=GF7F@ABE67<@?>B4CHJM@>@B@?;;@CG=MD@HK>BEI@A>;F5F9C@E>HJFJLK>==CLHU@?DEA\FCA@EO>NPVDLIFLFCLG:NOFNZNFIKA;FDGGAORRTPQI@NB>ABGT@EED=EHGBHHOFMPNIUKCIGHJBNGSBADDDTHEBCNMOBDM?AEDOLHLOMFGEQLJL@NJ39@:4?B9<;DJCE@@FPF6H6<=KI8=JEDHGUJAUW6EQGRB67GF5CBJIID@LDD1?DJMR:0FSKGLTP:DDCEB@P@NBHC@ACH;D?3:PZRGE>CASED=>G:BIDAE=IEDK=?JRKCA7@>M4ADHC;:EC>D8DFM?DBAG60E;1@F:J?;3B@6E>>FBC9>I7UF>99EFK:J;366>=C?;H;;:IB@=/E3CCFD9A@;?6?C>?J=EN@A@<<>?DA@B>=ADGPRRNREFH978@BBBF??5)FH=?@:;<=,;>)CEB7E>C<<>GD@A<@DH@D=BDDE9DGB;DDB@@>66>:AC=;==H@:=A@:HB6D=:=<@7;AD>;K>=A3D:C9?D3>?E@=8?:?@?9@A4CA;FBJA2E?:@E,2F:A=G;CH0=;C<==DCD@A9?E7<>=DF;A?>18DB8C<@CEC@>CB>=EE3A<58?CCKAC?3E8@F@BD>673?B@D@KCAF@C@D=A7G?LI9AA=6C@484@<@@GE7C;=>B67C<8>3@8D1=6=3?::EA;>GDH5;EGBG15;98@D@@8E6D@BD1GH:=?>?A=?J.:?=A?>EFAKC?;@IBHGB:DIA,A9?;:E6;:E?>BG-G@FBBI=99>>:?C@FAE<8EDA0?:A?6?5AFA<@F:=?BAEDF3@;1C;BD5GJAF>9?,@;>BCGG;>@558A@@?B?C;??EBAB=>=D@=BD4@=>>7>9B;=7?>BA?CHCC6D?H@=9?ACC99B6>9F:I??:C@>C?CC@>9>?FOLA@CM;8?HEG=I:<>>CJFINGI@D=@==;BCHKCFMBE=HOAKNE6BBEAE:7:B783BAI0=MCFCQ?8BCEF=>IP7HMEJ;@(:>H>H@EF0GFQFJQCDHD@?ELgLBDQM>H9AM?JIAEJOIVG?JJMAGC6EJLKGPNH9:UF@AGIBEKHMC?B>LJGEm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f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e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`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`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d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`C]J@NJ?KGJ>FAb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bK>9>==B497CD+=?9,?DA=8C?1E84B=?C>=@=F9@0>F:>>M:KOEC7?AMA397:CD?389==5F>C8=1?C?>3<>AJCB?B:78=B;<=B7ABD?1@GB>F@?J?;F@>FF@9B@7?::AA?A-?;ED=27>9M?C;HA>>JAF7DCD:?G:C@FJ:D:=H;<<>A9B?:1<=J>C>>73LBD71A:J@C;EGC=/7A9HC26C<=2:>=BD?119E@;D<;0>B>=@BA=@9ADA?9B?E9?>@2;?AG87E1>BFFD@C>@?KCF0=BJ9DLB@C?B@A=?6AB849?FABA=:8AC=?;<8C9IE>C7C@B=9C<=>=CB84?F?A59CDCB=LEC:=8@C>>CAD9A=BAAJ?=@>B?CDD?892E=?:@C6:E>7:@=AC@::G=E>0;A9=DBDEBCA?0==3B@>@:29KBD?CCM@D?@DG>GE9=A.9>=9I@?C=(<;65A07?CG=@;:;:A,@AAB;88C>8570?=3=C3?AMC?8A><27>AA?B=-:;C;0?205@::?7;ABF=C96DA<>=>:A2==E3E9CDBE-=EA<=;:CF;D>A;>::@E=>HB9:<9DH?C=6=<2C>A;;2:;@?E4C=E@>:E??A5HD>8A;E@BE8D@C?==:HD<=@C>A9BA<>A>5E6A?@<==C9=F8FEAB@?=C@?3B=;@AA>CHCCE.>:GA)B54.D;0D;=FA:;IBBHE8:IDC>?A=@?AE?@CF?FHAGI;9F=6D7H>DBAHBNDCJB=3FJDNCGOFADF=LEFALAMLJEH<8J8DF6Ki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o@AQNJCE:;HJC?/F<75C2;>4@3F1?EBD<-BOA@FAE@=J=C7;@B5CGE@EF>E8CA>@=:=B6KDA3G@D?49>>>?D:D?AB?>6??F?/=F>DBC;J@A:;J?<9HD?'C;A6+E5;>/03EG9:?EG@766CF<:BGD=F@=-:639CKC=?8/KC7A=D>F?A8AI7@:BFB=DA39::1;B36G=>AB;C==??3>B==6?3BIDDH@;CHECBAA:1=+G6D9CF@>4?B@@L?D?C@@0E>?B:C4G@?CCA@C6GF=CG9C??D8C>=9A2;0:D@:@>>5;ACE;EDGE?9BKFB8;CJ@E;8D<6?=G>3FHDD<>B?<@>G6@?ECF?:A??A48HCJ?=?>@>EAB'9C=@FB=8@AB@D::KF>A=>1@>;A9H;0;9CCC2:3G>GFBA.@HE;JC=+K:;=;=96:>C>?<;?AAK:7+>E3E?=4FB@JEBKDG=;AAFB@<>F<;CEG:A267AA?FC;;EH9=@CC?4@H==C9D@@98;DD;;F8F;E;>BC1<=2;?H@C>6:><2C:CC>DBCC>5?7<8A@9>>F5;EA>;0E:I>B398GB9;@8==G?@A?=C@?JA8D@>96E:B>DC?;G?B<>>B=>>B;=BA7=C98:B<9C@??5@:>==/@<;3CA;:ACDF>;<@3C4;3C@9@E>FB2>8:KB3GEE:B@B6C>=<@9FF3BA15>G?9IDI::L=??@@:??F84=>;?A;?>8EE@AAE=@84E<5GN?>9=M9;BBCEECCF?B>;C:<>D@C?=8C.E;>D@8;>=:;<7:D>@@><:BGC;FA:B<<:<=<:C3DBEA?A>;A7@;CBAE?H;3EF?8?@3D;9?ACAB87?;=BAG>>;2=G>@B9@9C=3?BDIBB8JJ@FHEA>EE?@:HIBG@@?7J;=N5A=CKC@>H9B?A?GBED06CF=AH5>2K;4?FD-LGOQD9@=E8:*NHOPT?DLREC?EJPIAABIBIGI?CGRLGDBEJUMJEKQ]K?GOJTEILJ?LFSF:I7>CK;CD>;KARDKH@NI@H@>CK<HRNC?A=DQMJGZ:DMJOJ>CE:F>6NGPNKENB=ED@PAKGN6@VEKO6EF9IDK@GE?LHFH>DEHQ=DGN@A>7>E9??@?-AE>:D8DAA6>AHB>9;>BBEDAEA=:1.D?<@?ED;?E;=DA?2I9D,3IDJ1@;=?I=?4:@??B@B;B;67G7B;:75A?FCA@?SF51D0;:;D?E?N:9D84<9J9@CA3F=@>;DM:D<>FB;H5BH?3E;B7HI?BNECBBLGO8CBD@KDF=?:>?E@C:3;5BE7;CAF/A?4>?;?@E<=OB=CB=:=8D?HF;8@@FB=5ECCH@<:FC?67NH;7<3E=G@ADAL>D@CC?F9EBACD9;FC6@>DHE08B?LD?88C2;G
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`QCBT;C7QGCLGMKCI&@GPK;KADCHKJJACI7?HECFIL:MFJZTFGNEJLG@?*EJAG@HFMT2C@2EIWU=G?A==EKPDQFEDPIK@G@PC?I>AGJOI@W;QMDCL>H;Fc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cM7HCOKKHMP@AJHH8GELbEK?@LTHBLCRDGHNIFCPJHH@TAFOO@HEAMQKLJBBBFJ@GD8POJKJRCGFR@FNN>AL;EJKIN@MB=1FE=MJSDNO@@:@A4KHLAQNNMIF8BB9BA5E=C=??GAAJMKBAJM?@7F6BSTJH@IPGJBVHH5DBHDKJRDNB@CBDIDBFC=QLEDA5@EH>@9AOH=CJBKRK@DMIB@A=@A4DFBJl9C5COKGCI@H?BFKBAEFGHK?>EK76=EKEAFCCAgDAD>=@=9=OC@>CE7>:3FH?E4ACB8A?I;ED>.65=?EI4A=;?441G7?CG:;5?F?H.1F>:5B8@K=;=;:?A4?AE>=H9>:/6?;-DMI?B?@F?GD6;FG@>FF>F;48?@?+A177=E6?BD2F0?LEJ<0?@,@2138=I@>;?<2CE;JH,>;;;BC=6A;G8=?;?;;<5=68=B>9G@@I@@@BDE?C<7?G98P?E=G>:9=B>C648?BF?E??AA>C>>>NAED9>?8GD<>.DI=F@?6G?C?AABAA@'KB6@<>ECDDC<7ED8:HA=B?9BFAGD;9?:B5CE=ID>DGB@A>G?=7A?B9CHE4EA:4>3ACA=79==CBC=A4BA=3;@9CC<:68,D@A9A9B5B>?;AC@B5;>8>;@CA@7;I:1DCA=F,?3H5L8?<>=D8H<69>>;?@<:<8C9>;G8768K@@DH5C?5>D==AEK;3E:6?83CG9@>:<;;BAC8?;:D7??A=<=??<=F7?>=83B.;D?6@;4>>7A9?:9>98AA??C @6@@?78@;@E8C4ABD?DB@8>*EA@J;BA5@G?5+:H8:9>=9=;33>D6IACAFCA=@C7>5F5I?:?7A6BE>7=<:ALAABD:>4??@B4C9@99EA=::<;FEFF9<<88A=1DD.99=@FA:7E7B?=63>@9>CA@5>C<>9>@::A;A;?19=A>G:H50@AA8?B7KB9?B@0H?F;BD<>;E?E?B=?-;F<@A6>@>6==E<4=J=?@D:6CABH<<27;L??A;:IC??:EC=6BB9B>@FGD=?>=9?FA@F/@>E@>BGGDC@@4EFDFEJBBBAF>@AC=?9FMC3?2>IH4DH>KLHE?=6BDD:G?.>FBNFDBI=EGJOI@?INHAB5CC>SPUUKFWHBI=?BB=HBEBIAH8<\5JAURFKBDIJJOKHQSI>ALD?BEMB@CFEJRSMFR7?J:SU:@EBCIGD=BDMILQJHD@UAL>EH[OJGSN;A>7@F=;M>5CJB?:9CKJO_QG>KDHb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§ÿçt_KG>=?EEIDE9;C>7D>ME@GCJH=GE=E9::3>>===A?B=A2A>ACGCC>BEE8RUP@<>IJECDCFEMAYObJQA<6DKELEDPBG>HKFLRKECF4MJRGPOME?MXLJ?BIRL2@BQFL@AJJN@BRIMCGAWHOLTZIFHAEJGLRFJUDNC>CGN>CKMXJN9KKCSFGH:HCJF/A;J6EBE<>GHKPM9TAME>QL?FVSCNW>MGFJVGBFQOHHKK7CX@M=H@HEKc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–ÿÿ‹d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¥`J??AA?FHILDC:?D@@JFH=C6<5D0CIFGBC3@=A?L:E8HFCQJT7=L=LRCAKIPU=Je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`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•—½…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f=AGLCHFPWE@9OJ@DOEFEA8I[?KOHIGRLLINKMLMPMJB\RFNKR6IG>DF>N?SBDM@Px‰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bT`JDOGJTH5=?CIFSSMHBDDO,7PQAHOP:>FC<8MGH<9FB9A:5CCFK4G@F@CZGCSIE2IMXEHILLDLMB5@@ID?>A?T[ECBF7B.DQDQOHDD7<:/:<:I;>LE?29>4;2?3BR+97F??;DCFK7>AFCC6@MA;9?:9<,?1AF=H5CI8>?I308>6EOE4;CAI09;B;9BE;:3548<=5@><:98JB3FAA?P=6??53B0:@;@??B-&4A6/B;G@D92>=@J=5EHBG@@>@A>>:K8B?;5C>DA.7+1C(D9262C@<9B=D*=;A=A?D:;ABA<=;C=;C;;>7.A?3DC;D>;:>?9HGD:D;8A>C5E;?:5?8A27@AD3B?>@;9>B;B==C>@?B?9?>?CI<==/-:?=;=7?BD@7>A?C>9?9A0=?8F<<;D(D,?;@A-:484?=B:2@=:3>=1=G189C:7A@<>3:=;:D9<@3885,50AA?C98@:9@FN;@>==<9;4:;7@AIBA?6AC1>'CF@8,C7:@7<@9??9:>>@>=F=J*;65@;AB4:87;;<>@@6BB>=C>:C>.E@D<>5?;?J<@D>?75,9C@>B?=6@:3@>;=;J2?;75=?EBC:HAAC/<E5C7>G15:;9BA<47F?@=A4?/I29@=9?>=A>F<9CA-C=B9=AABC9@>@:@:FK@>EDBDIC?B<@@>C<>?@:AF=0;>GG7G<=?@C;AC>61A@@BFGC@C63A>@<5>8?:?@B38A5>7?>>GD>CAB==@<@<:<@G009:?B@=A@7A;30CB@=@H;8EA7;:?<@=@E9A9I@@H?C6A?<=:A=@8HMA>A:B?@@HAC7=@BCDI79;BBCBF>D9;B>=7C:8@;=E=CCC:KH7@?1;B9C=GBJALFB>3DBB@<5>DGE:4@=ACHABBD?D9D86=;DA=H8A@APH0>;?6A?CHO?8;>D@C>HCFA:OP>A>2GI=EMCH,D?DA?>@>CBDKJ>9GA>9AF>=5??@AA@2=HCIHIFD?A9IOA@>RCDK?@DNJ7HFIG"A@:@LAEDEF?C@?K9@MEFCFMJLLBKBHK@]LAEW>ARD76=>GF8BKCDOLAGL;RFXACLFBCH@>OCECMO8>4@;Q=J@CD90:I@LC8<=C1PK@@8:B>B?5B=>;>=36B6DA@6C>83J>K@C:J?BB1CFC@?;A9JED@@2D?CE?53/>6?HHD9?<<9>9@>;46.9DK<:?<=AA:@/;4=;0<0C88J9JD=5GCA29FNA?@:@&?C:=:@A1:?BAHB567689=7@:@A>>>DF?>D7@4:@?>5CK9G-B=;@B1;C=@A;1@8:;;9;>?E;;9??;;>@?C-JH3?>@C?@4B>/;<%ID;:8B6E7>62@*?664?A:=>?:?D7EB?6@C7A:;:66;F;;B>35=B>G@ED:6:D:?E=H.>@284JA3B:@7AA:6:==B:8>?B@<8@>AD599/B8B7-=?06D;4'@DKB469=;;BID?<5A;>A8<>/86<=9484G-=97;?C89)58E,;:/=HD313;;9@9078CB@735C;,C859:==EG=BI8I?6B,?9>>28@;@?7@B=<:@:<9@:@7@CEE-EG;?CBA0F89E@7H@3FAD;@G?AEEDC?EAA93AKC5>E8FD;J@@8?C@E=?BK?=:AAH@>=9DHA6>DG>HAB=AAFC>@B;=G=@=CG?B=D:=;?;7;883FC6;>B=EBB@7<=BF@AA?:;E=8:63>>;68:??8B919;7;8;@DC>?7<2.@>1;5DA2J=B:4HFB868.?<6>9==:96<>;FC9C<2?@5@4A@@D:A?7BA@A;?F=A?=C=;?>>8<>19<<+5;=A93CAB8@>E;D<=@<;9A?5C=@EE:B.H9A?<5>9>A;=CE:F:I9C;JKAGDI?3HA8EHE5AF=AB>>EAD@@JED@9HB:G>GCE5CEQTEBG9HECI;KI98?<7KJ>?B;EEQCL17L;J=:AGEL@QGHQLQ@BJBDKEWAGGHN@D;BJF6A7?FIJ:JXIKHR@LYCRMHSEGBALOAN>3HS??PO@I>=>8LFBHJE?B>I<<=AC>CC;IG9BI@CC:G=>9IFI3@8B@?O?D59HGDB)@D>\>5/=?5<7A.B<08=767?;+;6=7>9-ADADBF@=>5D@CA2HBBJ;>1@8<:@1EAH:@:>59;GA@?4;D@A4CF=9A=B7A=;A@LE=>=7==GFDFFBE@4F@@1CBCI7:>95=?H>GA9?C7?B:A7BEA@?=B98:3;CAL>6FA3H@?/<:@>1BE?>8?@-<<=;==6?<7CK@=G=4A@B@@AF;:@=<@B3:=@D;CB=B=BI?C/?>28C@;E?;IDC>GC@A6CC5G@DE?797CBG:95>?9EAIA@7E=9@4@BF<8<B5=B9D9;?>B7?>@2DB5DD8BF@:@C8>5<:.CB?E@5D?6?@;BCD@BA<>A;=:<;B5=EC7<;J7;E3;?DG;=8EFB6BAJC=C>:F:@>E>C8ED65HBA>5=G@@?9ECC9A>AFDIG?H;ABB;==>I<>?EGEF3JH=E9:2EB??1A@7?@HC:94F;ABB:;BFD9:?IC;FA<;@C?:BEMJD?A9<>EE4:;;@==A?;6?:;<;A>;9AD??@FHCFBL>6=D=?=9;:?=D/>79@=>:E5ACE>BB5=C>92D.@B;>:CED@B5<)>>;=G6B7?<8;C1@A@<>A><71B@=D779?;AC5>5:HA6:A?H9B9B@F>E@B;@E>:?5B;?FBDD3?DEA@8G9K8EC=AGFFDFG:8CA@?BC7FF@FBCJIB@@GEC@A:8A<CB@7CDE1HKK@I@=GAF=;;<3?F?@4BB;<96==L?E?A7D=A:@=9=;9?@=>=CC@=;6:B6>=A7BPI5AOAKGBCFJI5B=:JF=:?@3G>A?CHK8C?C>PRL3IF?E@?=:A=F5HKF>OC@CAGSB?IK;EK@E7NJIH?GFEJEPCC>JMMM?LGEKOLELKJMSPD>BRKFDLFBFFGIB;?@=FJL;7A6EB?KNJR8PPRDPDE@H37:PM?LTI@[COAFV:8BAQEGJDKBCHRE=AKB8EBKVQPG@B>RQVPKKHBODPUHG;>LGFI@D/QJN?[GEN]VL@:DKAF.D74I,@BC%ABD@E=CCG@?F;BEF4?C9>@1IH9IC=PC?E>@C@?38?@;AG=M>;E7=G@DA:L<;>?0@D<AD@3@?CDDF/?E78D:G8IEC7+DG;A7<:;6@4D96=9A;-GJ5=24=B94I<=BCA6DF49<6==;7D58?6=BDLA6>1=;C1C@C=LGCA8;;5;B?>MC7EB:<;BCD87B5:;:DJ8B=?9L0>GECFF:AB>>BHKE?=AA=>@AJG>>E9CCB41A@>??K5JE<:>?F>:B<@88I=0E2;CB7DA;=?@AFA>0@E7C=36BI@9?DDD1A9=ABFEA7<5AB?B9?<>=>NE8;7G@>AB<@AAA33C5;B532D?:7>7?;9B1G?/N7DEFA5?<63<>A8A7EFD@;?>;E@,?1=G:E>BC;<><977<4@D>966>B2@4@C@418A6C?9?BB?1>>D7>>F=59C=?A+>@:??@E>FA8<=;?AC3?+CA4I?K==G;9:>BA?AB6C>A@;:?:<9AGC7@C:)5@G:3@;>=;?O?JA09D<6H59@DDH?9C51F?2?ACCFA6DI=:E15D/;=C?A=8F<9<499CB7=?C9AGF94CAEM:G;H686;>E?I4ABDAC:>>FE?E;I5;@A>GCE?>GA=IF@>9=A;AA>6C?C187:>8@@D8=H0><=@9=DE@@8:A<>:<4ID?==C?=B73876=74A@?C665:=@4GC:<=>>@B@=AA><4C768>(@6CA>JDCE8=CAA<;B?>GDC=:?BC>1=69?3B?BCG@7>?D>:EA;=@?:D:FE@E2?>0G:6H7HD;8<@@G;B?59L@FGFF@:>B?03B1D6;E?CD=@@:@9AD9>9FG8CKI@:I;CH<:BG@@?B@@=CAE@IH@FBG?8>B9A@ECIBG:BAEGLFFHR>NFF::>CG=B=CHFBD;H>BGE4CQGOIDREHATHDEPBKD8OCELIDMKJCK;HCJK?:;ABJ9;<>4;:7@WMHNCBRUIFUHGR[NDAKAMMOAYVRWVIP:U8K?NPESAEEYAHEGBMUACMKE:LBICC@B4MFHM;::QP>HIM:<@>CD=@69OEJD?7IE?@3AEJEHDHAD>9GHIA<5K,DJAA4A>KJH?B-83=@BAEA@E8GAB@@2CA8F<:AAH;C;G9CD?;:@H5===8?E@7DIB=@:FB:;/:4<1;B?9?8;AA=9?H9@H<99A0<=4:C6H;-=9/;<9>7?>?C;C;?<5E=)C?6@F8A9>??CAG=?8.9B8G9A;6@C<6K7GFF6?6B<>EJ+=@A51D0@;FA27AB;7BF<<@4>@@A>=0B<;<:37F;I=>DF6<5B84B8??1B(:=F?598:>:@=/=?;<:?===H:B@2:8FE5?ABB;A=6@>;;>;:><9DB>;AB:@==A5EF;?E8?0A@5=>B8;06/A@2CB;>?>6EB686?B>8@8HCAD:=8B=>&;F@GCB;9A6)D@>>>@/;@A0D<==;A><57@?.A@ACAIE>C??BA=29CABBAEE>4BAC7I:B:8DJIJD@-=A=0D>:@>>?<>>D>E?1?BD=B9A?K@=D7AH7>H7EFE;??D:8G>9B@>E?9>4?@E=@:*D=;GC=16A8?::;B=7875?8C??B50DA>;=3@@8I;5<>?.>;;C<:A=@>@69@>B>7.FC<@JB>D=,(:D<;>;??IFE:B78A?==;=$ADE9B>3<6==:8C;.BF<3CG;9EAB46I?7>F>D1DEA=AJGE@=JE5@C?;=AC93CA@9IAEA6:8?;F<>;8F8>6H;B<@?8CFBB<>K:A5AJG;F?@:016KKK?;=8K@MFG>JKF@E>:42EE8@@>=-6;LK??B@H?8D=63LCE?16CBHBGE:DD@EJEJAF@1:<1;BB9H<9AA<>CGEKDCI@GEGMAE85AA<<;CGBMI8HCB?ODHODFLGPDH?FJ@IK9D;HKNOFJBSIKF?HBGHNSDK?PRQHJEMMJ8=MOGN_JBI4C@LDPI;GK7NP@DNOSTKCE6JCGE1ALMLPGIEEFRCDDKNUDHJDPQIBOKALOIKM=:MNAD>D=@>GICLE>IFGFL>:?E9DH=7MLCILI;JBDEB?8_PO@?OI>EF8JD;AIA:AC48?@
  •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aGAE@:RNKK?:TC8MMAMSPUPKEQM=BDGGCFI@SEE@H5IHDELNCBK?FUFGAOLD@?BD?KBMOJINEG?IDKCKJOC>=LC?NCF^6LD?7LCBAGMECAGL:JN=AH9BBADB@HLB:AL<9@A<;SAA3?FUCA;III?LATL?,HDBA/?K9OCEDKC?>F5CC:K@=B:FA7II@DRL@@BGEECNJ;<@@A.?K@KD?U9=C>?;2AI=47CC?DAI;B?A?A?9;@B9B=JF>IEB4J8:@EA(E8<;HLO?=J?KG>?7=C?>1B5?89F>>7EEE8C8AGAA9F9B>8>2@CAC>66;;C?K7>??:D=47D=.5A7;?@<@>D7:>@?D93H865D;5D?>CC8>/.BCG6B?>E4C:JICDA??IGC<>?3D=?F@??<3??@6<=A?DA@FGED;C?ADAA@;5B;EAB@<@:9=C?DG/A>?4:EA588=.?@=C7?:;6;EGDJ>>K=D@=D>:==2E4<@9;C@<>6C>;75<=>GJDGH<>7@@A:65CEB@;>K=6963BA;@>;56;=B?7DFFK:A-=8;?H=:<::1@A:D8@?CDF6HA<>>@&C?8GA@CBC;D2;=CC;C=DDA:=?>I5C59?2?;71C3B@,>>?HBA<=A-;A&GA>AE>A83>;;560D:796@=>D=<7?:?:68A;94CC8<;7CC;8<>DC?53>AACF8B#:.A33>;@=3>A?B?8A-6@8@>-A:3DAD@5AA>?A?;D95>G@6F=B9@JB:,B7=B1<648=<>C6;CF3GA6CAC5398;C75?A;6FC9DB>#G?A>?A>A8939HBD6AB==5>:7@4AD@9G?G81,;;:E4A=C5<>9=D68=?EC=G+?:@A9?BAH18<>@BB?A>E8D-CCB8<>??<<>DA9;=3G?@=59.AB@B:6@;5@CI=;?;6D=?<@:G>7BGG=)-??9:7D779?@?7C:8A>E@8B>AC=19E<:8;8;?=BA;E46<8.2EBBA4C)C>NKGCAH=:C,M;@C8C?<78@AK=F-:=>@08;E=F?>D;EBH?@<:B?ADJ@G?B@GC=EA=?D-;DAEC??;BCHEGEG;=CN>CCCE.@?8>>CG?J>@?CE?AB@>=>?<>7FAD=;HD7B/CG6FHHG6??>4=?FA6MBBF=9D>IFN.F?FJB<@FGADI51C=J=EBEHHH?H7H[OB8JKLOD@K>UICA>2HFHH:>FFH<=E@UKU1T?KNMNI[E;LN?FLLNBNAGA:LV6;=>47@99K?FJKSHYKB9AQS@@>DBCAKNLGANMLDM?GUL>LHB@IDJB?EA@KL6>F>BONL=>NNF:FM3==EDLH97A@FBABFKALKIUC+@2E:DF:?6BDC:E>EHF87C>E>=ECL:G;7B6H6EC2=DD>H.H2=BE9>97N;P8D4925@?5=CG2?@5E/>B;K;;>>A?K8IKD?7:8A%?3C=7D@9G5C.?1J7D6C5C>=BF>H9D<>A83D:>=@=6EB83;@6>CO'8>.MD?DF5>A;?C.=C7I6EC?BD=BC@:8IC;?>AF:BB9EGI@FH=90@?>?:8AA:;CE9>IF;@:?;@@<>4C;>?=1DAF9@;A>BFH?AI9-9456H3:@CMB;;@8<0?;=:@E6<6;:==8A?;=5A<.A8B@B<=:A?BBD7AA>:GC7I9;@C8>?3G:<=B8F==?D9>>C=<5:;=A>CG<(?F;?=919F:@:>A>9@?:E4>E+FC9D13;>C?AI>?@IDB@4@9F<@>BAA@=E?@7:C>D>=C?F?;19B@>A@B28AIE2B;AFCFCB99=@A7AHFC=>6BA:BE?AI7A6=>>A;7A=I@9@D8F/<:>>G9:;@6:9E:?DADF;G169B?CJAG?9;C@L>;B:?84AD=<<;=EBBF3B>E90>B=CAA9EAC7B?==D@A1A7B@GFB57?C>0E7=<8>=?>3H8C?@:CCF=@B<5:BA><=?:93E?9BB8>J5AF@?BABB@>>=D9>8A:D;=/@E:D<8BAY<:7E5@BA3:B8A>:??A:CABAA=886B?,:5AB;9D<8?G@7<7;57>9B?>07>BDA;65?>>9A?>>=A==9A?JECH4@F47R?AH5A;GC/6GB@?E>C8M?=?G;AEC5EA=9A@FB<=BGK>AIBC=;==@@@FD>:>C@/;ODB?A8@BBIADQB4A>>?E=H3AE=B>3;LD@@7G@7=DBI93;FGIA;A<=>?:DCA?EDA>=9CC@BE=EA6M=;M:A?CLH?IPHBW@L4C?9>EBFK+>N?DCF)RHC>LNJHDFPMNVMLOLPHRT8A?G@?CL<@5PED9DHF;PIJMO@J>YIUIAJRQK85EB=X@XUDFM>B8F5AC7EPHKDBH>EA??9FA48>DB(JDFI8;DGMA>BA@DLBGG@<8H4JDF7<:>1ACA?:/CECKM:??I9B;A9:6;9?:E>7=F8@>@B77@?E9E4JC99=7>5BGB@@KE;CB25J63=BC;?CC+(>8:*=8H=D=>@A28GQ>5D>8??:E:6C98B3KB;A=AA>935ABB?ECA1I<=??@D5@?6950.=A3DE?AA:JDB9(=@D4:J@CB/AE498EC;68F?E9BEAA9FHAEG?.CJ@+?E5>CH6=K98<=)H;=82CE@A@9@AD9:GC;?7BDA<9A04=E:ECE9BBC>?=>;:7>IE7>8B4FAJ?;?95C?;B=E@BB0;<7<>>A=E?AD;=C+;<><<@D;A4?@>F:HE?B9;B@.=@B/=>C66D@<>45BHA9F66D=DAB<>:63/D@*B6@998>BEIB<7>;?6DD;>.9>C?>?>>>BFC?:@A;>28D965>@1F6DA94<@A@>:H:D=6@<37?<;5:EC77<9=;7B?;F??B@B@=GB?9:=;5=6;DBD:EBH76B7=77>B4CD6??AMDB7FF=?40:8;6*F9A8CB97?;@E;E<:?B6@>9@A3E>3C:86??::<:9@>>@9E6:;:A@=AB;?5?=G?<8F9E?E7=;4A@7AC?9;@2=;K>1B?D@86?B;?CEA5>:;;?A92?;,>@?8=A9==@D=>)=B;>AJ6;?;AB2<4>A7=1206;1>52;G68@C6AE<=4C7>?C><4C7?>B6=>@A731G2>:-??>;;296>?8BK=I=?D=;>===>=:H<=>I:<=;=B@@AC:1C:>KB:BB@@4;IFA@AC=:AF=;A3@6CA=AI=,78?=BGBGH7=8@EB27EJ?C@9E=BLA@F=C;9DJ8C@B8FB;9=EJDKPFMD@<;F@8D?E==FHGDHHGI?F=?F;G=:DFE=2IJ>FG<=H98NHILM2GKCJ;D7SIJHLIK=D@B@CBD?KAB:DEG@FOJP>CAM7TIMI:AGFhGOQLDDPCT=5JHMA*?FB?L6AAC>LJBMAHY:KJ9BEM>=5E?0TJ>?>AEE:GDI;@@MJLALEU@>@TP@YI9=DA<0FCCMKGEBSHFD@DHDNIRI;NLCEPDB.C?:>FT@5GG/;56B=;73HIC87>>;EGA1@T1:GDD;=;/;><6;BJC:28?G?8AKE9>@9E5DJ>8A;@35DHF2?P=?+B8A8@>%=<0?DEA3.F@?C9@2HD6>>FB>C9;;?A?=;@0A7J<<@F;>48D5@9<4?FE??/@CC>;/BBB92:H:B?BE/@:3<0AFC@2I?<6?4C@B4;CACDHQ:;EJ2KACCB;@GEBC<3:?>+E>G;A>A?<;@C70JDFEH>@>>EA9IC@?8BIEH?AC@HCBH5BDAE>>?=>2;=8;HDF?EGE>B>-=/>><@@JG@BF>>;67>?@8=D5B>96@;@;2@>:5:9@:@5CAFAFAD@C1@3>J:@???@A>8F=:B9@3@D77A=??F;B>ACD>CB9.EEF)I?CCH?D6BKA:=>@>E=A=E;?AG+@4<A=:F1?BHC;GB5F=?A@?B:CC3H9?B>6==E<9=0G>E@:@6->BBCA>AA9?F7A7<1?>5F;:9:?:@II:G/J=E>8=B=>BCABH=>>C?;@97A?:G8CB@?:?5@:C?BCCE3>=<7B2DDD;J8;==28C89CA?7?3D=>EE;85:@@=9BF-D@@4?DEBB<>9@>FE84C9;A8@=A5==A9A<=9I51:;;2;@4;CEA@:;;A==@59;:>4C0;1=IE>>>?0>:5=@98GB>@>8AB;<9;?0>IL>EG4>=6>@0>AE>?CGN@F2:A;AC>>@?E>HKEE?ABCDB?C<:IF?A?FFFK4GH=GB<;>@NAD>GINE8GC@KGJBCCJCEBGFBCG9IKGCFR?DK?:LKJ?@NBEBEL73-AG?4CKNM?<>:@IYETYOHAB@OACDFORTDL_HJJKDM@YFF8F9DFI=?P=KKLDCK?L>94FDNFPMRTY:=HQCJNFKB;M@JMJIJEC;BE;O65K`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d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a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cfFCK37?1CG<;BE%:E>:3=DEBBG2CA80C7@=@57?9DA:/B@9.H9=GAGA=@8:7L6?B3BE.=?;L=:@B:F=6><>@84B?E?C49=L?.:=$@?;3??

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d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m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fLRAZG?FAJE=JPBIKKF8EEDF34BOI?87AACE=>JIDUN>>ANDD66GQ@E6SIBB>bOR<;J6E=IHHBMLALV>NJBDBED>>DNTAFLENKC9FEJDFDB=;ED8=@BI6MBF7>E>E@E?<@AGOB<@@B>SUbe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ae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c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e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fG?P:KBAC8<:3>>:8FC:/D@@8E?>AL7I>MB@;LBK<>BEOMH7B@KQJWG4XI?ECXGINERCI?HEISAJQNPBBLDH6@SFHRF@>@JU>HIM'>NFM[HROJNB9AKHCBHBGBAEICQG7I5EJGGDI3BCDPE74=1EEME>?ANKH@AE?CGJJ?K9;==FNOA:DF=D@0CGA=DJ<7NE5F>?L>8BDB?9CEH?@13>BA7E;=MDDAA8?COI=IAB:BA8=FC9:43@8=2@?C?F?E5CE8?=7I<,8@4K3GB9BA<:@80;A>>9=*KI@D97B>?>4BC18=K=C?E;=A?H6ABF>@>=CC>A@F;>A???AD9C:=H5>0;>I:495G5?>69BC?CA>@=;=?B>?:D?53<=GGE:9@4A@;B?FCEFH@:<6C5IE<>68B84;:CD?A>3DC5:>K61FBALEHIJ:@D@G?A?-D>FEL7=>C>KH8/6F;C@4E9D;AH??A@>CCF9>>E:9EF>JD<60A=;CA<6>9=:9==;<9F92;B:7D6=B??@62?A=?@=<3?=B570?@E<89;=IBCAA86423;:C@0??:>5<7>7C58>C?9;<:HCD8,?8?>?;ED=:A;20@=7@F379<6@A:;:DJ?C7*97<<;7?=D@>4E6(?9C9@E6@@>HF><9D?6@9B4@64;CA=6;B2E5=B@7@B,8G/B,H;;>;>>B<4<<9>;>:@AB41A6@8<9DBA;D=A%9@0&=9;2?B:A9FG<=<:B>B;?E;FHO9B>9DF;BEC:76>=89DFB@:CEE>D=@C==;E;>B=7CBIA@=O?HK5A>=E=H?IJ9C;DWFSGLSH;DDKJTDLGKDN@IJCS>@P>B<;EPIGB:BINHDG<<BHHD@E4HDL?IDA;;FPPF;LB9@>=>;BBF1@C8@HB=:=F@DCHGD<4BC@H?GBUCC=EHHDIIK?C>3JPGK>LS@A8HAPHJ<8R>HTPJH6R;MMKD6T9EFdFBHRJJBDDMGJMPHDKJC;DLM;M?J4HAI=INI=JFTJDG9K@D?LI322DCIP@DG;A@MCDA8AG?JCHCUMID1?FAAG>HI;FLE?BBCG?8?BH@CDE4?CA=A:3J?E:C>;C9;;JB=KA>:D:>KBJNDF6A6L7DBD>-C;BF>1KCDGGCH=GB65:=DCC@CG@:=<>?@CK8?@>3CB>A53FDD>8<;O4B?CA@?C::F84CA=5A@N;-<9=?C:A?KD.G;FF?A8@<3BB=3<@>>B@=@K;C@B9CDCE?=EDCF9D<@E/ECF?D6F;9C?A<4MFI7DBD@EBF?BA;7B<>CGAFF9DCH9K>D>DC@JCEA?=D@CE?MDE6A0?;BB6HH?:E>EA2AF=M>BAEHB?>2CDB@?EAC:F=DJGB<>=?D3?>C8J@@?0=@B;B?B=@9F@@HA>C7?9BB4@@:66:F98.F818@:@CDC>C=@6C7?4/>HC>C:1=D4=@@;<:A3=;@7;A>:CBC@AJ?CA5955=<9:*I@?@CDC>D75;02(@EB96:96?B?=A8<49+?E829@<;9@@;?<@:2<.8:<967:AB:EAEAA;1-:AA>4C3?=;6FBCAG>;798.<=>;:?<@5>?/:==66B3@C6?DD(@<;>/<,95B11??@=8;9C:C?.EB-;=57C@BD8.A@?HE4E;>?FB>I=@=EA5CA:5=@@B>:@A9A?A-CBA9@?>B?79D>AB;>C?6A>8DDDC7<5A:?F42>B:24CBH@B@A>B990=K9:@?DA:B76AC<:766B7<6ADB08:54B=FEF3:E==@?E?@KBBDB;D@:=9:6:;?0BF6>89J5C67C9@GH;8>=9A>:=5<>C:??87:G9@A>9-:;C?A>B@B>EC>I<>F3;K71I?:8?>5IF>AA@<@8CD>,A48F@892<;7E8C<4DAC4==.@9DADC>@E:DG;8@LD<5===HG?>>D@/D8IMC@GCE@H>:>=>DMBAG:>KCNI=AO\BC;DIBNCEE>IFDM?IB=C>?FFBCBFJMEHD\H9BK=;E6>>E8<>A=;?A90404@BC1@:;CA>BAMFFD?:KG6OWLI>=EG@MRPOHI;HIG=A;:CDD_NKHFE>C48=DDBA4FGEIAHHE?:7CA=EC@M6@IA@@NMB;J><=A>DI>C;H@0L@D=CECH=<8CL=>AA6Q964=CPF;=7E:>@9G=LGFCMC@1I6BFD?>==7E96B562B=HB:IAC?:GC7:6C4>8@JF=BE,A>B==4AFEDGBAGA>A@;B9E;K<9BCH8DENB:DP=FEC@>GF87=:@A?<>F<>??FCA1=:C;@@@A?AB@@:?;D?D?G?9;;6;@?C?GDNBF6D=D==CD:-EBAC=C7@5:AC=DD9E@E?1C63FEDE;78=A>9?4A<@AEDBBD?H9CJJ>DD6@K<67<8F5L98;B82B?G99<>J9B=4>K58E*>AAL;G@C;A:6C9AE47@<;@2EG=I=3>1ADAB6AB@>;CF5>=E@M==;AI?AHDE>C>=A>?=6=?B;<5?EA;D=8B:@>HA;9>=EC==E??C876B=>?>A6J@F?B@B>I@17D9EM;>=G6CB?@CE9:;BE=9D?=?;K?<:@@A=;49/9C<8?AG@;/F@24D:=8@IAEG;>F.9?C@97=@AAE?@::08G)=@:98D7DB8BB@CD;@J;=@B<2=98EB9<>FGDFE@F<6A0:AA8A:C@DBFA;6?8B>>A4A1GC>>7/6F<4H>CAIG@:?D;D;@@8B8@9;:4C?7?8*@A>JEA1BDHAB6F;C>B;=8/@;?=(FC>>9@>:D@@@?.#;@?1C8FB5@A8AA=<>?B8GD=EC;?:8CB;>B+E:BG?:@A>DFAF79@>=8=;6BEB729AE/F3>=>C@BA@A17B2F>@-B=4C@8EAG@=CGJ::AGAEDIAB79?;A6FCB@JHC7GC@FCFGGGDMJMQBBKIDN24JCG;FIH@FDB<=I?ENG>=E?HIC9E@GHMKF8?@D@@EJFA9=CFPKGEJLLK;MNKBIFK@FVIX?EJCWNMNPJK<WCFVOF@DAEA>?HLID9QWPUDQXM79NJDEO>>E8FF>KSM=CEK=NO8D=<=B><99I=ED<.F8J@>A9D=;>=A6AWV@BDM7NWFRT@<4RT=?F;D=BEUXFFLV@CE7;=GING<1MHBN.JIHFEWBDAGM=/*BKJ>BM>M5=@@=C;DEC8LPF=DK@B<@29<1E:<5?A;:?G>:AF9M5K?@=E;CI02HE:BB.CC;8ADDA?A?<17EACD1DB8A58CP=A6:F8D?HD96C;9E:@A<@;CAFL4;@333C>B;?8DBC;>658=GHCJC9:>?CG;JC<=7?>5=4?@;9??B?=BEA:C9A/:5+E?@A?>>=52BA@H<=@AA??<;A::=D@DF5@>@ED=I:C1-C@ABABC=>;B;BEB8FB@G9>?D6FE<@BAKFDF7D?A?E?;BAH>?BA998:?F8<9FBBADFJ>@AC;DC8IBEDDDD=@E1C;IK>K?DCFCMBF>8;B>@@G@5C;0=4VEIE=AGCFA>AE,=BAEB6749E;39:?DAIB2<>K@3?E41G4=6;@;AC>7;'CCADCGJ97@G7BBA:@BA@@68F3<<>=887A@C;><>F:DB8;>=I:1;H9;A<4=06BE@CDBA;B8::E@?A@7C?=/7>@81:C>>=:=>:;B?9<<5A37B>@5A48B>AB,B>=C;E:,>>2<:E@7:H@@9@:+D@B8>>A;9IEBG8H86;EL%?,=1??@=A3B7B<@D:<7:D=?A=HA<4?E5?8>=FA;A?D:>;F7C9A?@6:??;7=>?>F@0GCC9CB;7B.=@G?@<>9BC;9CBFD50:H5I6'?9B4?C?>3C8G91B:EF<=CC<3?D=A9E88?<99EFC?:IB==:H3AED;CD>44@@59:?>>=C;D9<6<=B8=;C>4E==@CIA=C@7@9=;@@8CB68@;<6;>ABC@C::=B;9@=BA;=G?<;9C;BIBG:?I8=B79EA?3;;C3F:>D->9F>E>BC:CB?BCCFEEA=Q>BBGF9AE>IIJA?0AHBBDFC?B;6@JIB6@D;;GFDAGDFC?F7IHIA>:>D>:E@5@>JKHE@3FOPMIB?IOGCO?:A>OLJ@8GDDEFXJDCZGEIHJJ;EHFQE:>JVQNA@BNG]HCGC?YMK?GJ^QD@>AJC>@HHAACLHOSO?LQ>HB\HPPETAE\@GIA>AEABDGHGIG=JFIB95AC=C@?>B7@8:C>;;?;A6=A=ECC@8U>;BCBHMTKDNSAMEF:>HHXHOLHBIMTKAD?@BGOSIH9V_SSOD:COJ?V8FO8WT>CCE?GME?46IC@@EII=;;:=H@DAI@EEGE@B.E8:GE4GAAI@H>LD;C:DC>??+3?B5A39>;A>DC<9;=>F@G691/A??=:N@N?AA2@=CD?+BF?BD>C>D@=982FC<@7A@+><;0I8JA4>63596?22C<-H4@FDEGH=D2=>JE:A<@<9<0>=A9=:G6;8=8F?>@F9?*>>AA9A6A7;FB8A9?ADDB>@=AC7+)>34;CFIGCAC=2@BB7>=CBPKE@EI@E5=5;0B?B?BCB=>8?/E>A@EA>78C3AHAD==DD;@CDL/BGD7BBF;>'>=;BAFLD0*A>A?7JG?7<>E=ADCDDGF5DB@ACEH=2AACBD=;=C8??B?IBHFEM=EC<=1D=?:<4D?6:E9=@.@:;45B@:4DA-68B88=CD:<7+9A?DD7@EC7>D:@7>;?98D?F@EDBF6>>?K+>3>3:<67>@7BA5?C99?;;?&AB?D=DFA?=7C9>7>A3A@F?E;<7B=3:;B:<@@B7=DA45B?95=A=A=A=8==?<@;H@B;=??D9B4BB?3C:B4;>DBG3+B@;@<:C-BCK=2=9@?;=<9D?A?=68DBA?4;IA2JB>?>9F;9;<>0EDB:6AD=7K6=;=?=9AA?=A5C?9=GBA=D=>C=H=8?EF@;>=A3<7?=;6C8I=BFBH57C==:=DA43E6<298><;D>B=>;B8DB6>C1AH@>C<@?PL7=9@)>@:><=6.?D=838K<=B5=G@833G>J:6>J6I6:@B>7@BC;;E>6H7?:7;2<52C@4C;@;9.7@@FB93?;BCA:@B/DA@C?A;;8B9>E@?>@>?C=8H?E==FB=>HCE=B>A=8DG?GDBEG38;=@FRFFAEBGC?D958G>JGF4IC4?FCEILLPBB@J=;;EDABMHN@J@@HL@@9=DBOW;IOM>IJCLJPL?ICF>MJ<8EOG>RN?SO=@FDD@FY:==M@GBEFGD<6HA>@=5D=C2=BC@=E2I<;2B4G?C?HF;EVCIHL@LGFGMA;D@;QHALKCINP\NEFDOCSF@L_LEH@WDV@?C9LHCBDCFGQBSESMNUKHCLAGJBDTE?B=;BJGBK>D@I6GKNJFJ;;>LHJ>B=FB57;@C@R1KGPBBHIALFCF=G;F@FEJ:=@A=NSFCEBBC:I4ECDIE<4LFIFDHCCPF@@:>=ICD;8LB>I<;GJA6D0>=6KNB:CFB?AA@==>K>7AT;8A<=>A9EH=1?9KCEB>2I:=<>H@1EBC7GD<1.ED::AC;CCHGG93>@@@?=7AA?C1GE?@A?DE@@H;BM9B?5CED@-4;??;E?59C;?@AHGN;=99EG6>ACED9D7DI9@E;8CCDBCBB6>=G;>@CJE>5>BB:6CCC;>A=DDM,D@=<:71BG4?@@BBC@LE=F@ED;OG<BC=E4<98A;C@==DI@:K30A7C5?FCC?8=D.>47;70=5@;0@@B4B=:@DE@AB6C8A><>:1:7K?;2@@4A?HD==99<@@:C:@DC6F:6;65@A>?EBC6BC<:ADC=3B9?AJ>B?C;FD3;@=>1FA9@AG:<94G@:@GCF78C=?CH=D@@C?;:AA=:?>AE=:1:=E7C2@@@@@>7AE740F9;=;K=;B1A>H84>CAAE988E@DL7EE@3>@;>>BD;?@@=6>BE8:IC7?;ABI>>7G=A;8><>?<8B@;==<=A@>A>=GCDHB@AD?@A3=?BAC@>GFDFDB??JF;AB?CCB:GBA?@;A4<>;==4A6C@@;7IDD=D@???08EC?@GDJB1>AD>ABF25D5D7=HACA9DA=9;:;E6=:@B<678>79C?FC7AADD;;7C=E9E651GA=?C>@@B9G@H@<;>83@<>7@7>:@9?;FCIE?K;>C<9BK6B87E@F:I6?CGH>ID>AU>;OHMFD>NE;?GC@BTEHC@1=DOI9GICJ@8>:GJ<@NJ=B?7[BFBOHPNSWPD@HAKEFMEOP_LPC@\8ESIHA6MGDAJB6DBCBFRGT?@PHLN=BE@GBLHJC=?JMEH>CXIELB?A@=FXRNFGAIB@QJJJEA@K?GJECNCL@AALE>0D?S]A;?=REBFFB9>QQD9@L>?CKI?LK>E5BCANS@@IHBE>HA=:H;C7;FEDL;D6B=?K7=?2=GB6ED==FI7:6:<4@>?>@B>=;EH.?:H=)3@?I98G>BA>A?M:>1A9?-=H8@=7ECAI;BBE>ID>C?CB>I16.<6D;;AA>DB7>;>>DC?6>D?>>B5??=/EHC66E36@8FC=?F;?;C9F@ICBBI=5CAC@B95AD2EB7=FD1?3:=;@?:;D5E<=B;CABF:@6=CFHB0C@F:;7CKF7>=:22F8FJC6?6FE:C:=?=A>.@2>;=A7?5GC@CB@=8M??EBI=G?9@F=:;2@=B;EAA=J8@5DA<=.<@D8:=@=BGF;6E>>><>84>?@B,G@?/;;2>>6G@?4>C6@=4?54>C9@A:56F>AAB?=?93@>FE>A9>@E@:@3G?9;;98A@9>=>6CC?C?3AI@,8?@?B6;A>EB?=879>3GG;F9H6CC:5=CF;?C8AAH<77?/2=CI:>1E;9@D@?C7:42CB??@BH533:9?@>=@F@:/9B:='?AC9);->E==C:8>>GAB;E2=?6@8?C=,>;5>508FA9?8C8BI*A8?AA=D%>I;A.=B;DJ@<>.?A;DF<9B?@92@>7;=>=H>F;;>A>4*<5=3;A3>I7.0C?AD8@>7D6;>7?>C<>A.4I>C:G>4B6BC=G?89=;EAE@89;755C6??=8C97;DEA>68@B==7<;BKC78=B:I?BF=@>J;:>8<:D:@=BF@>;5DED9<<69?9=8?G3.?7@B8:GG7>>F@>L8?C:<<=F?BA<':C49>=?=<;C@H>:?CE7<::;7D;9=7?:@A=B>9ELD;1;<=17G71@9,488>;7C@H7=9E@>@C6?@?F@M96@EAB8@5D?3@6F2;A@8>CEG?B9AB=>;EG>?59?>ED>@C=DCG3;?DIB=BB:9D<9;I>;IKIGEAIG<>ADCBASYOECD?@D?0@ICCB;??>HOMKDEI?IJ>9?L?@REG=AAAG=D==SKC=GQFAF==MJ@FDEIBH6G>IAGMNILE:CIQ4?D6C?A??>C>@.379?I8;?9=C=D@H@>8DC9K9:926@=CCC8GHMTIUMFOGDARBBFM?PGL@BUGPWOAQEHM]??FK>NUFK<2HCDB9TFB8NAIHLEF9;FD=_F@MCKGLOMCCA6GMQBIB>GC4?IBAB@O>>ON8RTHKBNIHCPHECIN9NEGBFN>);8L=EA8:EIAC8E7KJ0CEH?:LHO@444:3BCJ)9BC:G?3AAE7C;G<@?B6E:EA6@@ADB>JC8C?879A@D@?.8EG4?9A>IDI<;DAAJIJ6?>D;>=8>)FAC<8C2;<:>3E62B6K489I@:<17;@=18G=>B@@H;G@089A?<:E=DB;C@8IC7@18<2=;@A7B9=>;5KB>D>A9<3G>.6BC<(8-=G=A=F>E6E0ADE/,;=9;;/;6=:3CJC3CGE=D>?=;=464B=9<#>FG>8<9E7C=>DB;A8<;>?>?.1=@=A><:*LA76@BGC54>+EBC>>DKA9@>1?EG86GJL4@=AAB6C;F?CI==@EB4I;D?C?;>/AB?@G9E7D@GA:@F9D5@?G;>@@9HE4I<2=9<;>FA=C>6;2@B@D@2G;;DJKCDF8@?:@C??A7.3;>BC@=F@>GA;@BB7C@>@FHBE?<;BD>6B<=69<@A:79;980>=;8;?C77DB;02F69@/C7=<6<@B>4B89=:A8B:>:BA@:8;>>5@8?AE=35CD6AG+=A2@;;?=DE69*85>933?-<<8<<=>:;?A-:1/>@B7A>5=A6==B;.=E@:?0>?DBDDCD@>7:@@G=9=E?C;B99;>6D<A5::7=A=:C:9@28B=9=4+><;@/?5DC=H7=F:F:7=236A><@FD8B0@C@>7>CIA84;<:C50?/>=B:<6;9A?;A?BA:;F65>B>::7=BGF?AEI:7?9>9?><9@4CED<7;4>BC?>=@@BCC?>2DFE2=;B@;@;@4E?A9@DAH<>>@C@@=>6C@6?=FDHEDJ@@C=?H5B?2BOF@;;AIH?5;BC9@BEA=?AMXEJ@GJH?JHN>GC@LC>?>HCIEAA?@ANDHHEFBACGL?OA\@FEBLHBGLAECOZIE<>DA]FDSGLHGBNPVL58P=JVUBCJDGOBEFHDEFEI?6GU9>A@;A@F;@@ED5F7=>ADBPC=DUGCKAFCQ0EQFHHWXBGD:EXB?B@IHHAGJIDDXIM7ILA?=?FC46B1EID@DAIHF=QDLK5HHBC72OK2LDD>LNK5AAM@7=P@I2=DND55JCB=NXI:CIJ>GCF?AA7>:B=CGCRG@?@8@BMA?CE 2A:7?F?7?:A2B>=9@=;,==C<<8BGG@?;1G-;=8=6?DA<->8<98?9F@?G?>>>I5C?=(;DAH??>@M<@B:GE9A>DC7F.E>6<8ED=A::I1A?G?;B>,D9=B?;:81C?@6CC=A@DI=DB?A9D96C:D<7@A9>CF8A=9F;5?1>>==FAH<=<@>?>B>9AG@7F?:BAE@='AEC83AD>E>F=9E5@B??AEC?5;GFADF;E>G;@B<<>)A2KG?ED;B<;>BGDA@<27=K9D:GDC;>18BK4=1@3A?5G8?B7=?B-A:=BF=EEEAAG,@?C>B&IA<49DAF6B9??B@@=K?311DA8@?<7<7A8 ?97;>6AAC?B9=E0<2734H::<:HA>A9<8E@>:?>9?,8E?6=>@>8KE@E@<>69AEAD?80=69?7BBA;;8GAE8B9D@B.;:;5977GC;/?7?7@6>=B5:>=7D6E;B2A?<7=8?9=69C6:;D7:>B<1D?B4C;4E=CA46C95>>AD7A,1<915D:?=@D?H@>4D:48A@E8=EC>:;C@/=C72?8>7>D??@7=AC?47B.&%?7:>;?@>GD1J<<5E3:C-?,899A<8;<8>7;?DH;BD7<>>E<<:H07E=@C?F3:;=9AA>H2>CAB1;=E>A?@:C9>:=@CE?>JA>K8E@B=>D8I:5BA3:8CLB4ELLC;CA5IID>CIE?H;DLOLFJIHIE7JEA?KJ@EA@DJNGC;B9K>HB@Q2?R=IMAINNHDVJLEEDG@D?L@;@9>9A4?=;G<5C1ADBC?A68:JGaH0HBNTKAAML@PIBIQ9FFIFJKGAEN?DL=ISGGB?GPDFRH@GD?@D?OYGIVc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d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b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`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k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b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‚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`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d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f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`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aFACIFHN?HC7XGBHKQ>E4?RM:JCa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j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b7CGHLMLOKD>FC>F@BFBDD9A9>OHEIUCHIL?;r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hG0SOLGL??8KEH^1;FCHIKG9D>?@@NGIFJOQUFEK@F2AGBCIF.KDGh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`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`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bLAPJ:@IJR<9=?LINJHQS>FJODIRBEGEDAXVIMFHXIPL>@BMNBOAHDI@G@AFHCF@>?DEo@B?B?BGPJYK:7ENK;LCJLFKH?D>PDMAP=QBKDO>KLOVGF<3JLLMSWYYI>A>@B>JD=DE95J@A?AHDF@GH6G9?7:B9DA9RLR@HB?AEKA<6>D9@>E?LC@M>=8<;DLCC8I7IG8>;>==L5/8A69;>9.?B?BA@@A8:.?;IAA?@B=>B2@@-<:3G@AACA=:AB@>C8;8F=4EAH=CB==>?DBJ6>>>=B5ADA@?:B?AH@>C:C>3A@:?B?CC=FE?5E>?<>N?><;>:5F3;7=@8@6ADF9=@>>1A:8=E?B?<9=0K<:CBF<6E93@?7;>=E:@@H9B5C@@DH98I>=88KF8===8@HDBE>,@0B59EAFB@=@)B7;@;@F=CAD4?BA;==6E;&>9<:5:A8E1=9<43=<>E4=6@:@:KF3FA>=9>?G>4DG;D=A?=7A6?@<=?=B@8A7=2?G76@G@>?6B4E:779F:<3=GE99GC@?<>=>9D??8EA5G>9@;61@86B@:F>8=F<=EG@059?@>5<0I@EFA6ABC>B:@BB=DG<9@?:=>>@??39;::C;<>DB<8?AD.B9-BFB>H>>@;DGE?>4@;6JFI9A4ABA:;??A<<<>>H>A9?6?K<6J?9C??CMGI=?-=CB7G+BDBBB@F4@3=>=HFH7;G7@?5CA7=?6=C2CD>>?3BCAA7@D@@CD:CD>>AEDDBJ@AE@CEAC?>H>?BAF8DFAHFBD=E9S;@DF?/@2G8?9FD:BCB:*DC?;9E>B;C>I<8A9DB>>9A/C8;7@E0=4?7B7H@>;BCKB8@J=;3EG?@;<<>E3>>;I?8CGIE>DA;@K=A9=39A@CDGDG<>E:;8?AE=FA?AFDB8;BCADBEEFF>BEI61EEA??GCEHC>FQHH@CFE?PVFMHA;?IHCLTLAL;;ID;DG?JGGBIGJKtGSHAKMLGDFGC>=KDA@OJHBEACG>KDDIMDFOLCIEMCGLOOEF?S=H@CJUMKKMNHDO=OO7HH;AMIFKALQ@4VFG>RKKNJHGIQVMJ@D]FOPSBDGDJ@?JbNCGFGIJ9EGA7HD?GNERQKFIKJMKJLF@;CKJDOF=CF3bK@?DFdb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q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a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bRDIDSFIGGE1@=M8@>ODZIV?FFK@HDEG;I@LF?AO.EFGPBCOM@>IBEIL?>K4E3?EF7HDQKIMH3:D6IECAA7>@>2UM2>EF?F9?IBJHBA=>>;=A:J98AICEA>G:>;-;1A;DHH71?FL;>IAC7@@?1A9I3AH:EEB=?ADC@2E8>8H=H>2CF@>DD=,A@9>CBGI@(<=DCFEBJ1?CG5DK?@:>8=BH5LF@8@A:5R@F===AF;D=;309@8BG8@:<@=BEB=58C<4>:D>@6A>?E6B4@?=E=+F>1=A/98<;7A6C>9,8/==BB=2H;<>DDCA?AA;9:F=<:;F6IC=<:'A:A:?:?<;<9@?@:><C;0?)FGF;343BA;DBDF=7G6.ACAF:B:=FDDF5BFHCEO:A>81-9AF=DD8E9H8CC;D3913C=C>HC<;;7BM?C98BE:>99B??<.>669CA?:CB?9:/3=>C-=A98E>A8AA>BABI1890;27?C734:H9AF?=>C:F?;>;>;2:6:>0E?F;=<@97:E6GEK<AG;<5B>BDJE75;=;=B9H(7=@BCDD=9<>BDBB<5GDA@A;J>BC=7>C>38:4@0@B:<>?;DD=IHD>?=>9>4A<=6A<@>5@7?=7:=?B93>A?805>?6E=AC?78@>(>GD>=<=:45?E>3?HAC:C:2?4)A<>A?8H8:9@E>D;5-9:EABB<:4E<B9;I6>@?A?A@>6=C65?AC65;F?/:E9<>E>2@@B0B==?F9@C6CCFF;C9>>B=EH?1E7?6AAGI:@CFE?J/>GBHCJ:BB>A:@/=BGI?=K3I9ACFF8D@FLG?E;?H?9BB9C0B4B.7@927FA?A=4<=?:9A9?ALN??899CKD9CIM@HCK>G@>?AC:M?;B>EAF9F>EDNA<;N86AB>CDICH>EA8/B@FB@@;A65>AKOKID=?EG0DHB4=K>H<;CFC3KI;?/JBFF;AKROEDOBQE@HCIC[SMCP?KG4E:8DEL:9EDI9=IAB>EH=7BCB=?REIAGYEOH:A5LDJJCDHAAI>FL>LAB5B9BEA><>G9GBAG?)D=@MG>D;EA=BEIO@-C;D89B8O>BEFNFNL>IBF;F?>EM:DQB=I@?;?DGN9J=A:<.M:B:;G8AF=A52F0I4=77@0;2<=<>82=:G?:FD>8A5B5=-8;;8B;8A:=@;I>;9?HB;;E8<8E>0==7?4A:<>A8>./B=C5>6>0F<68C?EEC2=C=CBBI9CD;=@DEIHEE@FDG9:@<<;?>A?D=0>.JGBE>@E?=@@DCCH>3<1;==E:@EC4A6@BE-:E5<@6=G>G>@CBF::C;DC?>?A8@>?GE;C67?=:A4C9C8?=>9:=8?B?F:CDA=@8AACC>D<@1?6AB9@1=DDCE?C?>BA0?7<=54;DE?B>K?>B<@A>6;=?<;AIH:A;>5D=D8C7?BAF6>C6ABHND:@B/54@A?<<;E>7C9B>HDD6=DC591G86->?DB>H3@88;E<8CB?@9?=:E=<@8?;;DKE=EB/;@C8G6AF=G9GB4:A<5B7:>E6C0069A8AA>>9*=EHEEF;8=??4@AI:;<9?@ABC8@8?BAB@B;>>;>6D68?F<86C>:D<=@@@@B6)3,;=93@3972@DBA=8&A?9BA>+9<@7CF;?D>>E7>:&?DA>,;H=7;B@?A;;>;8A28>>18:BGGB?C>@A%:C>@>=7@B2;?@8C@CE>?:=:94F?=986BB:5?>3C5GA>I==?9;:>7AK?@997=77>8C<,A6>>C=;8=BD?D?L=B;@@L??N=CECCALO8CG5ED=JM9TCAKHH?=M8DBWRJQF=RO?BGHBMEC9;CT?=JF[VM;BJ>;E<=LGB7DAE=NA<;CC=@B5ACLH@E<7G?NC9SE@EG:T;4@===?G;M7:MCF>CUF>IP;EIAGKDDA8C>0:MAMD;H2>G;A;I==>FCBC@:C;?78@@4A0>=@N7;AF?6H=E?A9G97F6>54?:BC;DK<A?>315G=??F>A:J@B86=?>@=D;>@7A>L;1;H>?D?@:>@=EGG=136?3@@7;BDEE7@'=9D>:?BBA?F1<>C4;7J:5C=AEE4F?3>@;HDF<=ACA6;?56IJAA@:5F=:H=;;AA@;B@<==>BA9<8EI==F<7?>C;FE::3;7;>>7;B8I@C;E7CAG?AFE@@??>6>:>>4<9BC8:0967>DD8EM==JB)4@=>A>>7K:=I8?DKABD@B;@;J>BC?@:;A?E)9:=;<3@9=?D=@<@59>@F;228?8FD?2:=C7LC=@4B>?9A?AC::A1C>81B?@A:E68@D=8:>/50>@>D<:I595@893I8CC=D;9@=A:1;>DB<>@=.799F9>?:C3=?C4<;E;==@>CI68C?A2?2A78>G5FBK+:C8.@DB<><9@>?>@:9=:?6B@<=AF.>AC;6>E/@?D?1C<6ESFC;=6?B9>=69:;A?:>D>G882A<=02:8C@;BD<>?=@<>559C>>?:=3B8J;A=39@7@?:>8E49598F?>35@7F89A7=B=BC<:89CHB==H9=37FA8=7ECB8:A?5C:A:;>=9B7B>C<=2=HA:87?@-?=?6@<1B8>37393>?=D@>=:DB(=EC28F:?=87?>-7DA6E:92?565C=?F7EFF4B8;<9B=>6I>;B9?>6A>54=:6>A2DBA@>>B;>A?9;B8D4;EEFL===42A;8?E8G8=>D<<79?;@E599H:6=+:,A?AAHF>=A>;DD>=5>.;=@>>>?AGA?4DA<@DF;;?=67:I;=DDAD49EE@3N7E<5C???9@H@CLD@F95DBHI@E@>@/4FIIGI?CJJ@9DEDJE>G?3AK,KLKMJQV@BRNJPKMOGIDCKLCFH4GOJHIF@AAI@A\NGAGE7;IE@>K=;LF>MD?IB9FIFERL:7<=7HIP]OLDI5>5EAJ;@;J6JJL:/;?C7EG9E@ISOEHGFS@7:CPCDK=AE3FIO@@@BA<>F1BELEBFBFD;E>F?EB?;@-DCBAFCDEC?>A4@JD:<>ECF:BJDI5GDEJBE@C@C:5JF3?4FKG7939?BD<=EBKCBE<3>3BBC=?BD7=K9:7->HDDB;=@8==A@63@55@H68>=#?)8?6@95G?;78JC>;G4<@<9@:@GA?<1:AB.C@=DA==GC4=E=<7:GAD;7D@=>@J<;/??@C<;78@@B8:DAA=CD??><=4:FA+;<6@A8@:7'D:7B=G:>6B:=D23;:@@=CA13.>D6B(>>A:9D6=B@=LA57>??BE@>90;D>@ACA@7?AC;8:HAAB558;<>6=:>A=FG@<@@BE=CD;D?9=9?I;H<<@DFE@J>8?;A:EAABB;E4>>B?B::77>4:AB>>CBAA;C9A?<@HC7EBD<=?@9+DE=E>C::.==,D>?@:?:=9?BA788A4BD?;7;G@9==;CBD>-02>D5)@>B0B?<87;9;9;B3,C@;@?;B;9=<387?B0BBBL:3ICA;AA9(A0;AA<4B;9E>9858E4AEB=C=B4=>@=@F@@B:GB;F>G5HB:G@?=:=D>@C8@BB>G?0>6I7I==;:?D>88DCC89><:8C;BAN@=8BGA>G4A>=@6@>E4?7G:?6ABC@8AB9:=(76C47A:9A4E87?7A?3;<>?BEF.=DBG1;=8A:ABF@;/=B?5BBE<;ED8M>BE9A:@NF:AC=CG9?=?A;9GF3GC<-AA7;FA9>7BG>CG;0F6164H?4.C?HD>=?@=HDF>=C=C=1=2B@FE>DC>:1:B>G><@8;=C=A;BC:BC@@DGKE>:DD;D>K?;G;A5:DEGB:IDCICMG?HMN81DL;<<>:GJD>@AFJ?9C?EBAQKHFLF>GH?FAFF=;9>EPHFDFLNIRNO@OGBEBILC@IK9JNJIBSHLMKKT=AVJTIAD<;C>L;I;HDAO?RLC:DIEDFD@EBBDK8ACPGUQII7RCUFCDBSKLPKEB@BCKZGBDCLAEF7d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d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b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`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d=ESJ;?CPXSAHA>DIQJNHKE5SG\A>AM>XJCOLLK7BE:FIDEFK=::EFSH=GXQOHMMEEF;JCTI?JV>e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f8D9?TAJBJDDF??:@WJN?AK=KA:=:?@HHNLCZEI@JINB4NOJ:=DFB4UPUDJO==LG?C7D86;EI>9MAG7FC=DDL;I>LH>?D;;0NN@;DG?;CH?FKI;AG,DCCE@NGD;=CF12JLI@;IA>?7:8>;;:8C1H@45;?@;D;698A;?:@C>>.53CF=G7;/,8CCGC=AA3<=982;D;84A@DC9D=A6:D>??>B.D;AC>A<@BIEBH=<@N2>?>9?D94>:CCHF:?A>4@>94CC?C<6??A;8;@8@?IC1>:6?=@A4=(F>I=I5@B3;BAI->@>>76?:8?:9=6:9;8>9D@8B95BB;:GGA<3;A=6>=2?;O9A><@;9A;9-3>BEC6;BA9@F1?:7FDB;:<@I>;:ACDG8DD9A?K78AA=C@C9GD9=@9/9F8J>?AIB?39=4AAABL>>?/C@>6FB:.@D;::4?@=F<8@#;A<<9:==7C?;:AEA7EA>@>=@4C<<<@=9B:A:93=:?>=><98BA@>;C<2.1?;A3@EA6;:.B@BE>D8B;==@<>=:599?E=A=C@@::C:2@55>*F@D7<6;C89=B617=9;89@E<1=78:?E@>>?D;4CB@=D?<9@;1BA;1?9<=?=F?C>AD7=??:.>=9@<4:<@A?;4;BDD@>6@:;AFB63@.7@969;:;859;;5?D69@0><>5H:=8:?5B?FB7@5@:7??:A<;?2A?=5E=G3?C@57?@>6@;BAB9@@HA9:7>B8;B=53D>;:8=.16F<>B>7>=6F@==7?,C<6B>:8EA85@:.99==C>E99F89@F;78?88D>I9>@D;@CC:@1;;A;F4896;:AEF;>A@5@>BC<>>9:E>@><@9:D><9';=+,F>DD<9E@?9A9CA@AD6;??<<=BB0=>A9B6=;<+?1>@:=JE@?HD@@::>66G8=DAP7>E:?DJ5>8<=>9G>?@B9ELB?H>7B9EG9K;>E11KN<55=>84F=GLL=APHDBDDGKB2H98GCCGMDAD95MD4MDE=CF>CB?EL<:DLS:>HEO;8P@;6IP@TL?@JDP>=@;MEBEH4D6QURIO?HDWKHPHLEAFPMC9IN78CD?@=A@EBA:MN,:E;RLCIIOAI@ICFPI7@GJB?EBEKEB5H78NL?CHIIFGD?LCJ>NHB;?;;8OC6???C=HG@<@8CDF@F,#4;?B55BHOBFFNH0<6C?:I?A4C:E>AD8=IAA/7@@18:=?>DFFB9D3BNA8;:7=F==A<8A?7@A.;+5=)?@>8=1==3@DA.<9E396-<@7B>:B:I4C>>;>EEA79F@8J5GF;G1F3L7/=2C5DBA:A?;8;9/E6;2@>@@1:@E:;692?>2?,?=<5/;:0<;?>:-9%.69C1194:=><9?887C67?AC8G?95>9BC@@0;>F?>?0=A=?C=39<0;B>@8A7-=;9BB><7A+=<:7379(9:;7:B;?=;:@E5<>;=65;=<=<=6:?5E>7A7;9.'<8/D:<;=F?>76@@3B4?J?>98-=090@>;A=<7393D8A/092@;2F?>;6?>BC=7=,?GAB;<<>=808@HFB515@NCAG7:D>>=C?>?H1C79?>GB/BF@E7@<>9E7:?@AC=HBC;F=9C@3:;47A??6;>A<;D:;?==J68D9@@=>:2<:;7E>=6AH?53?D.6B;JA;BAB8@A;9<:>@>;@<@;>7827CBC8?=7A877>288C<=*7?A==BC4F?93>8::;?>AB890?=7=6:B4:?<=8A2F?H@4D>AB?B>6@@28;9C@==@AC;3>=>9A>GEC?;:<66<2@B)8:>;?;:C?<;8CF:?9I=38?CB?<>B?;C:;;5B9=DE5;>>85>9@17:9CBA@88:B=0@C;:=?7758?@@6DI6?A?28H7>@6582AA6C5@=9C>3;.F8J:::A8B@G::8C(F=:?;:B8BA/7D4CGMB??<1:9GE8?B:AAAH=D;25@6@I=A8G46@C=D9GG?+K6I=>:DAC6C;>7??37F9BJFGE:F9?DAB=@CE@85.YL8C@>HAQHC:LS@@EH5AC7@X?JZ;K?@@BECGDOGBH7EH@@HA6D@BCDKC?B?EILE;8GE=O@=@@?J>D9BPGECHCH@AV@EYJAILMBBKJ@B>EA>CDPG>@FDHRMTI>KVN=?FEVE4E=?=H:LR??BAK>FDFHE>A:=@KF7E@A:>;-IHH;?;9>KD@BQL=6C?B@E7JLIFDDISCC.@:=C>:>E;DB:C-4F?1IBD?;?I>O:D=@>5G;?NE:<9DA;C:D@F@MSJ8@L>;FEA>)@J=+@EIC80<<>>C;;>B=B::>DB=4=4=EL7=;CC?36.AC.?<=6B1E>5C===-A=)6AED59?E3>AE=;;5<:7<<:@>G;A<>EA@A>;>;E@@=C9>=7H6=@=;=75;BE?;>,>C@BAAD9>@4BA?>69>D*GA<5?C>BE@><,?>-7AA=64AB9A?AC6A>B=FD:4?E92A.%;;9:?B7>:=:17:?9C>:=87@>B;58>>3?9=7?8<9;;=>C;)6>=CEB?DC:;6?;=?959@5?12FDB>586AD<-9@8;90EC94E@:==06L9C9;775M@5>ICHH@=@@BB;@J@:3D>9B@<?;4==D?@7:?AA@?88A?4<2=<:6>433C9>8=@?C:71:>3?4=8B8==?9:*;?B4H5D7?,5;8=D<;@?::D7G@;;@;BBA><@:B>=AC@=DC8B<@72>:>?:;@C8CG1E;2C:;B?=AAAF@6C4=6F8:?A;1@1>9>=)@==GF3>@:;7:BE@D>=98<@:4>F>?E7B?:>DD?=A;@:;9B;@>8@;?75G8D:9@C9AG19F16C16@??C@::5>ED;;@7B>C>@>D69??E2;@<'=<:BA@IC>8HKB=?<===9@7?;G1>8?6<@3=<>0@4:D9@.BC@@:@@H>3>B6=B@9AD:<4:>9=8B:D367FH<@>3@8C8=>A=>A3=@;>6J3>F@I9JBBHCB=?=;4<78@=<;6?C94$7?A9HAB+FBHD?;>A)B@89@45C>88==8C1BC,3>/5AC57>;?>JIB>;46);PDC?@5;,0>6>>/;AC<5:@89C0=>8>FF9F28;:5=C:>8???09@9:9EF<9:H3?EA9>H2ECA=;DA9F;?=5BD@B;4D?B6E8DD8;<5L?7>A;=@56CIP49?8D9IE>ED3A>@9LDKB8D@F:C8?IGC8@@=B22B5EDJ=4IJA:@7RF?FDP@HG?J?A;C>@GEG:AJD@?H=2?=;DD=?E@?F@79CHB9HFI7HAKFMIEAI@P?@@J?GOMI9?FHD@OCAK@MLBD4PATGRB;LFBB@@L7GKKC93KJKCGB>2:B@D?9AD>GIB>?8:/B=F19?AJC>??/AD8?B78BC=@ECI3>A:A97:==694H@AE?*6;J.T>AAB=3@<;<398>=DD<9=LFB=@960@?B69*>>=AE==/A>5=A=ID9?D6B9AC:KKIK?DC@L?L:>3>=?1>D;C>BG6-==;DBFC;MAC@AG;?J=/:8?;?F><9=B8>GA>;7BHL>E?;3>=68KC??KE<@C=;B5=F9G@B?=AG784E;?@?%C<>@??9;B19EED:-;2<>D:7526;94C8=?C@F93/7:DBB;<6?;5B8<:09760>0@=B=C3::;@=7:0;'-B63?@889>A@@C>?H:=;=?B<@9EB=A;0?D2<;?99=?:;?8CD?=C=7;E;@J661A2:E:;49@8G0?A>@943IB@DA09BE6:=CG9DH9D>0;;9>369@?BA;C?C?A7>B5=-:@?<:7A@@:7C5;??=<=<>4B:,GA@9:;(96A:43?96?:F-<><-A?>?7C;=B8:3B:B8@7>=A>B9;03@89?;9;8CC@A5AE2:8>@>B867B=8;AB3;8?:9:5:;6>CF1)9::BGD86DG7>=E:7:A@;<:>6A2;DC<>>-4C8FA7B62?:,7:=BABA30??.A18;8BA9H7>>85FD7D0AA1:83@2:D>DC3:9<@>8;;5=A@6<;?85=?9B?DA@@BJDHA:9D1<;:>;6=@<3?<;5==&B::3@-;/3A=,3<:B4:8@3153@8C;CO8A0?84B3930:3:BB84-98B0?=.CC:5/=F58??=>9AD5@*B.2>1:?9?@=4DO@6=4DL4BKAB<3@=?NF5+>@>:DA4FGDK@/A@;JF=JAG=E3@=?DBFC-EKEE=@IEFKE47KIHBDJ1?ORG6H?;;EEMM>:H>8GECIJH<5GOH?+BCFA=;LNA6@3GEGE?EI3C>DJD>GM@FCC@@MP@;>OFLJ<8GGHEDAJIO?VN:CIIPB:?DORE:F;IIHK7ILMS@GEI@VCG?EPCAA:DDL=EI>;>7=ESC@NIDFB@HRMSF?L3HJUADELHE3==JGIUIJAFLG9DGN?BIN@?SQDMD@@I9IASEA>>I?AFC6?DE>NA^@==U?CAJ?NID>CEH1?>AGFAG<6E2CB6N>?BI>?@=9=@F??8>;?.AG8?<:C@C:E9<@>1)?,<7HG;?985M3@I@F:9=>BJ<5/;;=:==?E6?EE=HDCD?==/A-6:>26>C639?4CHD4?@;5I@>BDEFA7:KAEG;C=C4EGJ9DG;8<>=9=GCD>>AB?;BB3@BDFDG:9*?K>?@D=D>=0=:E@B?AGH998E9A-F3A:>649B@A??FA@7C<6(3CE858@9?,>A=B=A,I3>AIBE9CA6E8?:4:?2@L66-CB?@4E=C)GD>D>A@D@ABG4=DB+:<09D;1@3(8BA7:0>AD=?:?4>@/;:6=>?BFJ=B;??@865=9D@D1B<0C?B)>?@<;AAF5?O;B>1GCB@B=F??:E7D<9>:L@:6ED/;&5B1B8CEBB:86;@D:5>:A76>>?C.5;?>@;:=G8:88A3C9574CCF::3*;;58A@:8B7;?B??@<<7BC68CA>B=?35>>29>;<00<9I>;97/?0779<8=C<:;@G5H?C=EA:6?@8?2EHC1ADA>D/@:4CC6I=3>?:.><7IH?E>9<(;A1=7;:>D7:4A?61AC@5H6E>DC<=HAB?>8D=<92??@F=>A>2;A>4BA==;@>92F@<;D7B>C4E2F?CC;CCDC?CK98@><@@3@;=AA6?78DD2BAAA:B9D.)CAB:@E>859=DB8==6B2E=99?7<;5@77B8;?=<6:=@C=AEBA8@0>BCD6<98@?:A;53:;/3I@A7D>:6DI>=?@9=?:,0DC>5:D=A<>93>??D6:+C;A7A<=BCB9???A=D45HCG0C7?@;?B@I.0FA??1CBC@>6>E:ED9=>AD>A?C8>J=E?DOIJEN@GEF;;CHCE@;CBIDLG9:EKIIPFBBMOBIEHAI;IGL?B>0B:L7DD>;ADEEF?DD=D9PBG@MEKD=@G>>KMACPAK7CHVFJUH@M@FZPEFLIC=P:<.AGBN9H1DK?NBLK?FBKGSKMEJ@=BS=NMML@9B;MGGCDCN?4>;<K:HCCNE=MOWFANTDCEEEG<;P\ORP??M?EAG08A@BJ89D?HA;EKD@?;@FA?@7DADH8@CA9;2ANDC8N:AA8<@ADD?J5AE?DJAD<9M<9AA=@9??4DI@>C9B?.>4C,7@42??;;@63A;D;8?>>D<:BEFBA>/??>>?MAN8;CB/@H=AD7?B4D?>G@@:AC<:>>CJ8F?AC;B>>;B93>8B=A@EC2;8BA=;?EBD>;>;1?2<6;8>@CE

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`B5BB8>CR?ADENBKLHBD8OWPJ@AJJIAGO=3=:cB@=>AK4>@BB?BF>GF.ECMB?DO>-CACZPEEDECO@9OIKFPCFKB;@H6D@>GLO:LZ<=AD9DFFHAEDGB5C>GIGFEOGIEG?OGOHD9DI@@O@=JC?HFCH6.D@59GKFCG7=CIE?A5=6FC?LA@JB2@I?-F;@?L4?QA;BDH56?:D>=A;8CC>=562=>5>;H?84BA,;8A>H5D9LE=B@;8>H9G?8>G9;06+C==:;AFDGFF;@@D&E;@G><:?51<@>8CD?JBAAC=>@<>8==4<14H64;A.;79A:>C;C;@8B<2D<@A?:@:6.;?EF9E8<;3EEFDBD<-=CCHDC=;J?D3?CD>C9@<>@BA>0=>7;@G:8@;>DA9AA/;G;4;;ADC@B8381::3A<=FA8?C?=DF;:@C;7@D:87/@?>:E?FC=A@5=BE=:>;57?HH>:>DIB>BD=@=:J@FD<94:<>6J@E@;E::7ED<;=?E<9AC<8A71@BA?>@?9F7A=>D?E=A;C=;@;==>:>@AA7:EH=7B;D:?FBA7?FB=@B9B?J>C>=>3??=?;;;=84G9G<=?4CC9:><6C?B2>D9H@;@D2A>C>@C6=G=F8;>5A6=;9C;?HFE?67C24?C@;9=EF:9CAIG9F-8#4=FH2>:D5K>JJDBMACEC?>-0C@<1E>C:>H3F>/6A1@AEBA7@?8:;938HAD:97?;HF74D?B=@5FA@9.>?H1>=A?:?;AEE@H:C:369B>B?:(<5:==B@=FHEH8B;;GGE>=>=9==?.>B7<;CA5H@=,C01@D=<GH5@@9=4>E=29=<885=BHF8NDCA;88?;8AA?>:><@8F:D9;6:B@CG0B3BD,?C@7DHEE<;@?<7CB&I5B??>A=18.<119=?A=C>=;B01BD1<74EAAC>C>EKCCECE8?7D<=8=E1A>DC7ACC=7E<,=6CF;<>G;;B5FK?<:@B:>99@I6D4@:CAG9IIBFD5GD@?8DECFQAH6:8FFAB9@8@@A34A?8EDE3EF>:>;>5D4AMADIJCDJQR?=NBBK=O:AJ@TI=LF:CK;>GFAALC>HACG>MBFHBJEHAA:6>@;@FM>9B>=<@O6ARRBA@B?D;FJEEJ;G>GNGBM9DA=?KHEF39@AS??MAD;>>H:@5>JB=E7H>B-ELESBN9M;FRHA=BH=IIE>?7A?70=>E:BA>AC:@?9<=?HH48E?><<6>0@GE=>:5F>=>EFC9GD:<@9?5>@8=E>AD:BB=?J@DEF=ADHF@E9;<<=EBQC?D06A>@7>3B@4==AB@;=@AD@B=DC?B:6?>A9ECC<>A><8B=D>96B6>?=:AE7<<;<7??9CA=C=3EF6>:<<<23:8>G3:?<=?@<=FC?9C=EE1C>D66?@:A:;<;>BE?BLB>>BJ6>=JBD?A4F;GCD>?ACF=7/::J?:><;;:==A=D<.7@<:=CA>9D:GA/?C@CLHA;BC1@?:C.A?@@=43==@EA:BCB4>4GB7EH@<<:ED8C@@19;=;>J1E=887:>5EAB>@D:GAHBD=5B;E=G>;?F,=<5J;E:E;>J0AE>K39B9GEGA<=G?>9;;7EGADA>G@D>2FB=@GE@:8DCE>5C99>=H=G9?F7;AEF2D<91>;CA==:FD9>@BA=@B?B:378;==C:;:>9F?C:@A=5)=DA4A>593B@:D;=*;54G-A?BE=@<:9B=C7?>=A97<:G591?BJ>>CA5A?62DEG;D@A9CE;JBB7:E<>AE9?AI?<@86>3@F<+F25=C-HBB@A6AH9*?A58HG9@=;9:C>:DCB8:A??6B@+?BD@C:=@?>EH5G:=>H=?A=6B@;>=?.=8<32F8EAB3C=>A@EA?;>4;<;?>?FEA;676:BE>A>77B=4@C?=I;?CE3;:EA<7NDFE84PIE;LF3>HC8>5>?9@9=H:?::=4@>C:?MDA8>?B>71A?C5KH=?JG@LH@@:HI?<6F@JE:3I:?CCJBC@G5A6I1FDDGGLP=SNAA5;9IGE7IIB88FGZLAIH=DFHCANMLLC:T@HD=?8CJHOHQRAHM>@HDEOEF>GGFIA<^YFF?BQLFQBWGEIOKPGOH6EMOPXG=BF;FBGCUJBRECNTMB9M@<@AHEMHUMG89CEDN?7F-M@MUFP=RJF>*>-RCPENGDC=F6?H=SI?FKMM:=BP;Q;OTEALKE@?BLC7?>69DL;A7@BICD7AA>FIHE=958DB;=BEAFH7CB?;M9CKB:KFHBEO@C><@N?G>LD>I@DDN>@LASJ@CB@>>=78>D)??>CE<7CG?2=??:.?BC9>?5BIBD>91=P9:@55F=F@H?5@ABDI>??8?I4H9=J699@AHC>5CD8+9>;8;9,5M%DK8A7=<7::>@D1@7=@7@C<7B=B:@C9968.?>?@9/>G=0@A2@A9C?:50G@>@3>?=;A4=?=5<>A7=@:9>;D:B>43D?HH29?@8BE4DG>0=B?:6?G?6?BA;>@>9=FCD>@;>A?;FD2AAA>E4=B0E=7-FG6@=C:>82=:B?D@5=DD5=@==<7>?>5A;?B>>?I>:@I3I46=<94:;9;A:FGCA:A;*;;>@=D>:=?@@?;C:DD<@>:B2>>E;A7/@GE=932C3D;B=B7G:@7=BAL?>6?DBCE>CB7D?J;5>@I5;?B<9BCF@GHI>E<>8G7G?DED>8FIDCH.BEFEJE=CCB=DF<3D8?@=?@8@I530EB@9D9<@AB;9@DG??EBD=?0=?=@@:6CE:C7C>?I>FE=5?AD@C@69CAC>43C=6C5DH>C3F:<7H:;48B=B?;4>FA6@6=,BEB:>C=<=9579?DC1?GC:@C1-7:>GHD5CE:35AFADE?->A49B?A>BAD?=@B;@ADB4L5?,CGC;9A6>=>?3B=7@?=B=8@C?>B5;6E;=D,EG?=A@GK=>C=;N<>B@,42295;E8@:F>;J>C?I:B7?F?;70ECD=>8<@<@BA:1BG9C==/=2<>BB;;5H6HE99=C>;8>6=H1@>=?>6CGFD>>DG=@=E=OBG=HG@DDG6=?E5G:7K>;?CDB::=<@HECDD=EB@A:C;DDJ7@7;=@@GBEEDED@B@H??J>=IOAKDCCE4B;0B@FHGCE=FMG@@T>5@NGHAAPSAIJFZJ@FRFB@dJ@HKUMKO@HCCKLE4FEOLL8+BCFFG<>HJQAEBGGA`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a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a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eK=E?0>IDLKFO==a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a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a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b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l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ÿ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`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

  •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m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n}`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…Ž‚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`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b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`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i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tˆik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it£s\E@;G@=9@>D:@C1?@B=4>>788&0"AA4@=D:D556E9==7D8>?19=9?E:BI2?9?>A<<>A96;:F8=AE:=96C%:3;C3H;F@;7B:DHCA8:FGA;?6C<7FE/B?>?6;FD=DF5DE??BBCD7??BD@3>;H>B?G6;AFA?B?9<;>C;;>@92A=3=<@7E@B8<=F?<8?>7@A6?D>D<:DC@<>@B:AC)0>?>@E;G:6:>6<,C3F:4@7/D=:A3>E?C@BD?IA<5?;:;AA6H>=H5GCB9IFF=:<4;E?9BB1I5A1?==C@7EE8EEA8AA>@K@@H>:G72D;;<6=:@D7IDA=C@=@B2DBA4BAC9E>@>C@?<=>C==7>HA=>B>:<>;9MI5>?A9;=?F=@:@6CDG;4>@@::A=A4;@E>C:@>;AE?0=I@=A:HFF>886AG8B>AG>=>;0I@85BB9?85.:8>::6?=A?D@74HFAC65C5"B47B?40,?3?C=?:8B9C8659:B6@;?9426@.G>>@7EBDH?=>E@GC@F=9B=E8B>;FB=@E2;?@>EA:=@5BC??E=BG937<9?5IBG6;?1=@=<;@EG9@:<;DGA3B:MEC@@CB?HFD@C?C8?=ABBDD59=EICI??G;CB8;E7:6>9F?@71G>>>B80D54I>J?C8@:C91>:IF@6C@;C?E-D1CCGOAI:CD?;B>FD7G>AB@6L>;5>9@A-?9<6G6<64=5C>;=79G>=@AAB2J@?=AE?7QCC.I9DI.KDC1=AN>MD>>H<>@:C>BB.4HAB283;G;4@C?I8PJ42:BFD:HH0EI><>84>>@@?F=@Q=D:=4?;GD9A=9E+==IB=<@@5G6=HDC=A9E96CB2ABEK?78@B0/6?5G@@=/=HB6;DD6C75/+><7I>4D>@6;D<67;8G>=C8B;20:E5E'0<:C1:A7C:6C8153>3?:?G=F;599@97DD,5=>9;)<>5=5@9CGI?@66Ol|›ÔÜŒ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mj¾É¯¤Š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gˆ–‰vq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h\^o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c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b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`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a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r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a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d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i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a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b´É}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€´þøÖ‚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}áÿÿÿ·}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n²ÿÿÿÿ¹œ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h³ÿÿÿÿÿ¡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 ÿÿÿÿÿ³M]@B9>B8@a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wÁÿÿÿÿ¦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„¦ÿÿÿÿ‡c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~­×ÿÿµŠd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i{£ôLJh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e‚€‹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b>4?8;?=L<>2<;7>@@3=@>@GF9;B7@B;=<>BAC3G?>@8??7<9GB>@BE@AFA@BB4;8BE86?@:?F98;<=D2:UBAF669;?B7AE@A:AA/)>9@9C9F?HF=9@A;@;@D;C>8A?=DC59EA7<0=E:=@8=G@DEF=G<2F>=43=@?B969;@=<:=F;B9;;=@G?;4BC=<>A:>;B@>?EC:::B@;7HA7J6>-DB9E>3B<;?>?C>C=I?<@<86=8??@BF<8>>BA4@:=A@??1D@9B>@A@H7>:27=<9AD4C;?FC<5DB?@LF=;;@<:=D@99?FB;:@CC=A>@?<>:?>0>38A;<;D6@BA@>B=ECF=@BCA7G9C6H?>:?@F@@?B-B4@8?:E@=7@CAAC9?A8C;=8B9FA86C5==7IA?F@6=G?:?E;:D=:3@:;FCEC>=DC=6;<498@:9@ABCE:9C;G>@:G;2ED=AFCD?=GBF?>@?H5;8G>FED;9?=>:B99=FCD?8;C7F1C8?K=@:,H64A>@::8HE?:@AH=A;@8GB@DD>=G89D@DJ>>IKF=AA=97<>GF@C5C8CF77A=FDA;1;>FF=B9:;B@)A??A=F8H:97@=8@69?DBDC>758I9=?D??A>F4=-9CB::?I7=9::BBFC:>A0:>5:;DI=<+AN<9;4>8;5CBD@>=;F?H:==C@@75?:D9?AF@E<=995=?D:>94@I@D88I:>:CB?A7@9A>F4F36@E7=DD;AA>6IC@5B=7CD;8BBA?=FB0K>6IAE6G@C;;8??89B9E;@:=A6>6;:>@B=JI@?>7C<<:9;A:><;@31/>DHD8@;6=>E<;17?7H@A:D3BC5CDH0=E@;?CC;/A>:8=B@==H=C8:99@??CAAD?:=@B8>DDD:58<@736=G>;>2:9?;@@=@;?AAB=;C7C==@7B?CEA:?9=1:=I8=:A8>6CI8;H=D3@/7:=4>3B1=C6?4I:AF9?7A==DH.18AG@?=>A9?=88BA9;4D:;92;E;@;D=9::8AA>>4=:C?@32=B78B@B4@>?/@?<@-A2AB>><=A>693:<7RD:C@BC?G::8B@C<>BI=D?-3FL8B5FE4>93I>A@4<=?@=??>G:B@:4?@>@BC@1>@D.:7IEFECDC;A@=9=BBBADF?8>9F>:CL=A==G;;CHAEA89/:K/4A<G>9?6AAH@BAFFACDAD9=A/CAI:;@8=C9?@=??B>B>L>CA4@B4:>@E>=9A>GI=;1=G;57=C::4@9=?7CD;5EE>G>?B7EA7=<>9@:?@A:43>?78?AA>>AF;B?==@=<4B?=BF@C5=?DAA?9-G9A=5CADA@;@A@6?:<>719??HCD>=@<3AGA;77>:7:=8EF4DJ>FC'CEHJ?CCBAEDF><><=CC8<:=:EBE<<>>?FA::20E?;/>EAA7CABJ?D=BC8@EE,F<8CGD@:@H7?D?%9CG9D>7>;2A@AF82<@E;99@86?8;8>8>93:A>>>B:?=?>BHI:813?4@D:A>;><@;7::6B<49;CCAC:@AEC;9?B6E.?><.?<@=6*C@59=??A.9BA9==FA=@;;79?;:2B>>@=:BE66CF9;@?@=949>D4@GB::8<;A@AA>+B=<8?5JA?<=9@<:8D:65DF7?======J@>4><6?8@B6=??@B9@9@CB98>CB?B6D;BA3AC>7@7:=B7<1BK>@?A07>G;=<6F2E<DA7C5D9C@2;B>78A7?FA=9<8=F=9=99<@3@>4>3A,0@>3;F22A>@DC+=I>=E6B66=8@BCBBB<3<:9;>=9:7H9<IE>=G>CD@7>CAD@@F=B?C69CE:A5JD=:BAFFD589:C5?4=?=A3B?9BCB:8E>EKI@?=<;A-=A;DCA9>F6=69=;8:68?B=B=9E8=FCCG+;39?BA?5D@C5?:AG;>B>=D738>F@99B<>;83F?@@3+5?@=8ADDG@EH5IA7H:?5DBCA7AG.AC6<7ECF8C7@6?>D:6=CA?=9C>==>A>=C3:==I=@2=?==98<8<:5A8>=EE=@E73<651C4?-==4A@DHE<4=?@<;-7A?>;D=AA;=@??CDD?:1C<.A<7B:;=BF=<@G@A>@EI489<<;:A6=7=B=B9E:3?AC3D:@A3@F8;:AF<@>BD59@D@8=A<@B>:>C:>3EL9C:=I=EA@G7?3??D@7;C6=?=CAB?A@:G>@FD=9G3BFC=:?B@I3DF?B9BCIA?>C@C:CBE>?:E?=6?G>CBE?I9KB@=@ABA>B>A54;BE@DAA?A?@;EDF?>A4C=E@BA@8@>653EF5A7E>@CD4A?DBB?;9590B7AB9@=9?1;9=>=@@=?@@>B>=A;?@:98::5B?:6D?==@C@1.@?C5?88<@A@7@<,=98A>C3B0<:G@FI:BFD8;F@<@LCKPAI?7>G?:7B=AH:@E5AC>8@C@C@C79@29>HE==I7@1FLD<=AB-?,????GB-?>;9=;E<4B>?A7?2;B4>>5B6:7B=744=?C5:>C74:8A8?:D0/G@>96F=<=B?7@@;>F:6@=>96B00;C@<@B?A?6<=5@?,?98J?EBFD2@DCAD:B6<;@??AAA>6H=>?:;B;ADC9GA67>B3=>6A7>2ABGAB:<=FA@0G;>?7E@8A7:?E1;:?EB:H3:8;@67?@B<7@<37<;@@->5@@A<<9@<=C8=A6BA=7,@C;?A9D;HAC1;:9DE@;A7H6B;@><739?E=90;AA@C6H;C4>7DDA:A>;DC;@B@:C8E:77B?IA-37EB:@F:.9;8A77926AA?<>@D8;8>;894E?F?A1?>C:?;E:BB6F9A<;;2C@C?@DDEC=C=<>?D;E8?:A;=C;>E582G@:>;=899;3=E9AE?A>>>9DCG:E8B;7G;?7?+CK9:D<71:CC>9==;BE@/9>B@??:EB=A69;>>=:>>>FAC7:56>5@C8:;7<>7?>D@?CF@AA=.4C7CB9E@@9DD*BA*8-A45<2-3:?G66D?3DFF@JC@:D?=0B)CC>?=D=>8D?-A-=@3J=DC;EF??8AB6@9?98EFA>A@>AD=C787@@5=BE:>;>@=;;=2=A8:@6,I9G.8@3@;9<@C>C9C=A=A?;(=??>?C;G(ABBE9:7EAH-0B=:DC;9=:55@:?3?18D/<9>:B:,=@5A>7CF&>3>>6B@:@<6;5797/8:6BG@7=*LA79>CD;@:?G>(=3>7B6@@<:F?@7>@8EHJE;IB<;:@EG::9?AG9E;?CA6->C9?H6C9;:CBDAIB;=A?1FKGB=G9HB@3?@C2:BDBD8>7B=B>DE<:5BD>;<@D>?>AB>;8@A;9=F9A>H9G:E><>@;9CF@;B<=>A@5A@>;DD:B@,=;@:;?>@-F09E=9DB;;<=AFHE3B<:>>CB=;G<=>?H9?C<<-9GE:B99?@C?BBB>A:@C;ABB6;?B;=<<8C:AA@@C?;=;ED<6:E@C@8A6@>@61@>3E?=7A8@;?9@.HG5@;A?A?A;?DH;C899A?@A=4E?7B?(8F=;>:DDAD55>AEB=D6@1A6<@F??;HA:>DF98<>ADH<@FB8F7J@=D8=DF4A>C8>CC=A:8=A:>A@>;@CBFC??C=BB@BB;=8?=4@5/@6;=<8A:=BAHD@?B?9H?C=A<<3?A6<2G?@)>C7D6+=0C6?G>>@;9;>E;58=G@E899>8;9?AC9I?B?C<=16ADAA;?D;==:79<8=9:AB=F8=4B=AD6?@06I??H;;576>;7EC6@:BDB;8C@@89B:=>A?.@:2CC;?=HC9C<9)-C<==BF:7;?D@C984FD><:@&A@DFBD=2>E;>;;79:@;.8@B:<7;A95>7CAJ26;HAI@F?IC:9>AA9@=0BID9=2B@;>C28BC87E,->A?9:;EB@6BB1=69CCEBF5:BG;;C44I8G.9?@BAD;78>AD@5;A=77>.C9=A:A>HGAEA>D@:A:>D88H@3:79;::DH?=;;5;@:;F=?<@GFB=8=K=8@B<<@FA>8>=L;B>;BH:2=@18:2@CB@C@A5HF@F/>02=N:<>?>CDFC.D1;BAE8@:BEK>17>C@@E=DDE510AA>7DE;DE@@@A1:D@=D5A47F7;@E8>DI?FE?;GD9>@@?F@>7EB<BFC;>795:::CJB;:G98@9=IF3AF88G=7E<>4>D8686>6<==B.;.;76(=A@BD=:5;F:297<:<=9HD4:3>?;=@2>5DA3;2<;J<C65>:;4,A:D8GA=96@>BF=8G,3?=>=9GEA<>D@7ABC5D9;DE?C@:==@DFAD>E>B4AALE5@9A8>=8BBBE>@F7<0AHGA6464<8BA=>>GCE>@B<8A8;C56D5;4BCBCBF?=6CB@8=<><>B8;@7@9B;BLG>C8>F@7;8==C;9HI@A?E39;6F88C;BG@C=A7B;9<<:;:DF;D>EEA<;C7GF5<:A?C@J:?5DFE9656@=C1?B@.68CG>C;8BG>C97B;1>@A@@=E7@B<@>>A::>?;2?6A:3?EDACEA?5;L7?;>AC?;CD?DA?@?AD:F;<>C3A?@E:83H9@C<@BB8>C>A?=B:,9F8C>DB/=?8DCD>CEAIC3F?>A=<;;B;EDGGFK8>=:9CCD-<=DC@G@6:CA9C88>>I9@C@7AI>?=AB7:<=H+7;C8@CF?F3?7<1@;EBEACAD;JAFCDEFA:EA>B:96FD>=?D-1<4?;?C9AAC8C?>@82DG=>@@G7JCBGC;;5<0;E58<1C9:C3AEB@<2?5=:?DA/?6<4;8E<:>A<=7=8C;@A=DC=4)@?:C:<4=9=K@CB48C;@7C>>KE=E?D4>AB=:0>CGH=>;?;AA9@><@:=;<:BAE>1<<7:EDBEO>G@5<>7=AE7H=B96E;@79>;A;B7E!G80CHBG1?=B6>;@:;F<;:;;BFBBD;:G9>-A3?AA678E/ABA=A>2?G76@?CA=C8<8BJB<6CG>A@:9@7=:0:=8E:;D99>9H=5G?BE7A6@=A@B9<=>EB<@=99:DB@GDAAA:5AEC?=9?F7>:6==DA3@?<8@82:@.5@@D@B;>H<835;AB<=?A;:<90I4/C=C8@?@:A9A9ADEBB>>B:=B>D;B::=AAHA7B4><;F7=CCB=4??983E@1<:A;DJA:5:DDD<8C@6?A<3ID?=7HDCH68AB;:;E>;:EA?BBD7=>CC8I@:29@:<>BA7;55A=FE>GB:E:?I8HE9=0>C:=A8:/@E?G:AF?=97D=>ABN0C?:9BB7:BDCABIF:BEFBCIA@EO=CF@B8DE=@67?@4?,99BDD=?FA1@C@:?:D:5C7-A@DDIG:@=7<@3E;4EE@;B>DC:C;EE9>>6;::B8?76??3>B@64=@7=F9J,HD?=@:9==>:D<9>E>7B/-C;=:78@??=F;G6F>G/=78E:7A=C=B5?>65A?;EDI5>.?CI9@=:7<>78=2;AH;?@?:?FCE:.EC8==EA=F===6::4;C>;9AF=@B<;B==>?F@C7E6BC9<@>D;@>B=>7;>;9CE?IC>>?D:H:@<81D=ILA?ED68EA7=?CCC>CGE=0CB>G;@BCBG?B@>?@9>D??B<3>?3>0IJ5F8:=AG<:E/:4>7C5:B?B?8B=?7>5A>;>6A=<;?B?CH9:;GC=FA59=@D2-B?B;E?;6C?69@:7C@?:A@FE1>?>>6;A<>A<8E=8A<D77H<<>A9=87@7?GA=;9>@8:F97I@??G==1>=9.H6IG;CF5?9?:@@CGA@=>:62D1A;?8?5K@CB;E(@A?3M9=H/EDC8==>=?FE@CH@?:A?=A:4=H5;B@>@A;>;;-:F8C?>E@F6=?7KJ:B95679D>>@C8;9<=187;=HDF=E;E:88D?A=@=B4IA<5=@>K6CHE49B=2;?5=?BC;8H9?.;7;9H?A?A>F5=7A9B2F@=@21:@7=CEB189=B9A;>9-A>8?0:89;F1:>BA<3?=A6?5>D>4>1F-<;@CB:EE<4C@9FKAA?:<=F;9@9A96A8>E@6D3AAK58C60C4:?8;F=E@6=:NF:H;C??AC?:>:H8@>A?=?BD9@:C=A>?D<:>9CA9<=<<@=AED>=8=A:BA6FCB3@C7;3>D;<:CB57?D@;779I9;2@E?:=:@H5=:B>:?=A4C=D;@<@DDCCA?9BBA4=@D>9A08<;@?;8A=>A@?@638@=?D@F7@B5C?==D49D<@;6CC?E;9<16C>E;B28B=C9C<=?2E9<=BAABB3DF8@D3<8B7:F9@A?IA.?A>2DFCEBH>A;;4>58=?:D?B:7@=2D:54G88>4GA=<>28H7IC>N@B>C>?C.=;3FEDD7AE<=DEA@C5=AAEACK6@3>>C=<9DL<;??JHE;AA6=@1@;>@373@3>EAH@=A;;>J=E:@A9>;1>6GA;3B=ACG>4<67;?A9<;>?DGB=9>A>A;BA;9DBK;FE;:6C-:;G?1DB9C@<>B7BB?B=?DAFJC>=BE=/F=2BDB9<>;:>;@I/@<=5G8/CG>;ED>ECA9;C>=:;BBH65=;=KFC<987B@E@6?-;C=6DDA?3;>8B>B??8AD85?592;@A>;H:6?E9:C<8-97=:BIDA?DG99:?FCK;:7EGC>CC>==E9;BK:D<9=A9>@D=9?6EC6=5>>A>HC5A;A8BE?@C.?:;><6BG@G6ED7=@.?A<>HLD>BBE?AFCECB@G@:E4A=?D0BF@C>@D@DA@;2;?AC9BB;8;C@47@E7EN;=F==>?:=I<@DE@A<.@BEG?F=<@K27?:>;EBD=9CB2AAB7E;G986@?EAB:3G>BB;;0?=A8:;'D@A;<=A@@DB>8B;;C:F?AEC7A?C@95?I9=AG;D;?IDB?>:?@:4?@;?46<7F2/DE8??90D@97?893:>E=BC*826B6=B8@=8:>G4=A;7=85>-B?<887@DE@E<@<?>7>?@94?>69B:GBAG69A0.7A071C7)8??;<4:@0A48@AAIB;D@@887;=D@@=E9=CJ<?AFIH>7;8CA7B89>85AA>:;BFA7E>?BE<3E7A?+4F9<<>@D>E1=E=H?3EE=@DADC??18C:HHI9FM8?(FCFHB8=;J=E>0D@2C199A>B=D>?6;CAECC>B-C:94GI;D2<=6@A=BG@BHCEG32HB?@1BB;.G6>?>J9?<@>86>>@B@6=>6BDC@GE;D3F@6AA>@;@E?AAA<1H@H@A?8>B=A-5B?@:E/AG>@AHB>CA@:@DGD=B=@;AB:>DA9E=?C@:;>G8CFB94>975@?=:EEB88BB77C>DB2@6?CAG=>@6F5B;>F=>BE=??DA;:3G9EGID6:EH@A999FAA=A.=AFFBFAD?E=9>F=B896B;E;7;>69A??G>2;7B6E8;DBDD4D>@9?6E:FD:==:@B7?AD7GCC@E*9<>B7@A;>ABA9@D?-D:G;=>E??E=E><:BIB3>=<=:@97B67>C5B/;7DE<9ADBG*6A3D:??;::>>;3CIC24;6DAA@3:C@:G7,?>3FC?I=CCFFE@>G>;;DAD=E9BAG?@@F=@5K38AAC?B?@>D43BDHEE>4AA?CGDIJ@E4H?C:B?>ED>@:=E@;>G::9BBB;8G7@@A:I:?176A91??@=;<@><>;A:D7:;F$/LBD;E>AD@EIBBF>9:>=5@>9E;@FA8@F?FG=F<;89CCC:E>7/F79JACC>A=AFEKDJGDBGBC=A6=?A/C5D=G)9D6;=G3F4>DAAB??BF54@?C<<8@9C@2@?@B@B4C+;A67F?KC?:B?BC9AJH>@=>FE;A60:6:@9?9B4B76376IEI:H3<8?2<:DE=8?:AC==EA.=HBDA=@H?=?3;C?@>:5BK2AD>BFCA;4EJ=A7>74C7E:D:>8ABAB6;9>DFA?9F>?7BEEHAEDBGC:GG<>?-ACF5=@8C=A;FC@>?A1:AA>6@AA786:G=B6CDD);8FDA;=C?<CCB?8;8=DL=/8?C7AKD94D7>AF@<:>2?>4>:?<.C*H5?<@:=A=.AA@9;>:?===8?::?C;2@=@B6E=<=>:;C4;BD9CCDCG?C@?:H8A=C>@9:D>FF23;BJ?=EE?:BE?@>6:D=3A==B=B?AADC??@>CGGEAA;=95?LE9=;;;@CA15C=:D<<@A=68E=FBD<>JDE>D?9G7C8CDDA=?=?B@;;F=<<2@<<5:@AFC<4937@C:E:><9D6@@A;@<@D/>6@=;@GK:2?=C4G::EA?>@D@6>BAD@DDB@>C8@BA=@G99??E<9?;J>9@@F;CB>JNDD2F:A8EG;CB8;F<@E06IF@>;=0>F>C@@:?5B>B7D:B@=P;ECD?=BH@H@BD:;BJ?4AC8C=EC:@A9A>EHH=B:CADEJ<@;@>5(;F8>F;;=AF=::A:>BEI?9:;C?A<897N?;24;C;7F>;79B66F=@9==5:5B?A?A6>9C>>F=@CBA7CC>;G=@H;;G5@=C>:7;B>C=;G.DB>;?==F3AJ81>;+EA?8?@5AD:A?B4;B2?4AC=;>@@?34;DCB87?=@5:6G:;H;=A=@D6+=A<>6CA<>A>D4E7D9?@38D-9?=;7>>EFB<=C@FBB4F>CBJC5=F6;>9.FC:8==:DFA?JF8@@>?A?81F?FA@9AED;MG?DA6D;@=D7G:E;?C7B???H?6<3E98GAE@=K:?A?FAFB9FF9??EA8;?9;;F@6=5M=HE=EDGCB?A;C>=35?=AA>H@D=CB@;F8F?8C9BGF>>G8@BA765;=@;?E>D87AC?4?;C;?>@:DAI>AE=67AE=D?CJ6;C=4B=>9:>7?;4@3A=<<GCEICBD@>E@B>?3.:D8@A8:;9=I.FE8:@>8H28=5G@B>H:C6BC/A@A:;8@?0A;?IC>D@<=A5?;9==B=97B87?A=E?@;67@:?>7G=:;3>D7<:G?895FEA>B@88?-@@F<;D4829G8?8>FD@A38:B24B<94;92;8?H0I75A7@6?C;9><@748>;=5B3@@943??;:A<>>:E5<>;1FE8<=D3CAC;B;=A6=E@?H=B>A=><8A>B4I537>>B4B4L:C@B>:B3F/EEE3C=B578>=C?B@F7>:;A<3@63@:CE@B79B:DID;B;<;>D@C=@BICFF@@EJ?G8?F@A.A:AD>7C85:?@HD@@;=AD1.BE;8BB;AB;8A61.?B7@:B:C?:<@>C89@5FE8?:F>;4:=<;18GF9::DA:>90<;:=?HC=@F9?:FF2=7?<5B>CGC@7HDCAA>M:D7@AF>;?@>EB;CA<@C@3@IF>F?5<A3>C9AF=G37E>?G5C@D?A@AI:DAE=9BC>G<>7:ID>:@M:9<8?9ABDA>=>:D=<=?G;B?EFB?8C;=D?BDD99@9=8E=BDECCAA<@CE><9@AK;GBDDC=9CDD<>EB>E@FACI>=@8>;@GCBG6H;<:?@@DB3A;A8E>J9CBA;=JB73<7@=G:<8;C>5HFI4FGBAA;H8;CB948?G68;789=4<:FH;<49AAM@5/?@;;9C:@>=CBG=A@B<@B8>6CQ@<<46E@A:F:C@EE88FA=2:B?83:FF;GCAFDF6;9@<-J>AABBFG=@@JGBH8B9:47BHC6AK@@?@B77BAB@8BGEB&>AB?A>8CI@AF;7=;F?CACF=D=F><;B?>CED>BB=?9@=A?F@JA;@:@:5A=CB6CKCE=G%DK>EA94?@94>ABHB@>B3B>BCC??LDE?A?EA>J8<:A=BC?H@::4BG3E=<@;A>4F=<;AD>?:>BAF?7)G:7AD6;?EB>GHA7:AG?A5CA?9G,D:F:KEIG?=*=?ADHDAB@H;?AA7DCCH;I@>CG;BBC>>7BE>B6;9FF;AAABB@:G<@NCGABDF@<4D?:/A4.?=5<=>:9A@=GF;D@C?+@=BF>6G5;?D@E=><=FDG8:9.96=>??>;>EI+C<>>@A==@=?F@GI<>>D14HC8D>>E6DCG3HD@=8L<:8?9@E4E=:C6BD??FH<9;@@?E=65?D;G8?/FJI;@A>==97E54??AA<>:A;9DDF9ACEH@DC9>=A:;C8C@BG=?75;<@>=;>#=EA8F9?DB:=@B>=@4CG8?BD6D97B?53@?B4C;D9A?@E<<2JC+@);F>:F0CABA12D?CHBE3<>6@@D>A@5:<>C8BEB?=9FB?@?<>8I<898D0?:LG8B:64CD:7F87;-A@>A8BGAC>8E5;@B:CB>@C<5@A;@BC=<@DAC;@BA3@9D=<>GC=E9C@7A61,N?NE7633>??@;BD66ACFBF]GB9A7:A6D9?:;B1@=3:C,>D>,8;?7B@<<<2>DD?@HD>BDGBG>;C@@=A<@GJ>96=?;D@=CG86BAGMA=FAC6C=8O48A<<<5?;7CAAH4DCD/?@?GCAE:B?=B?GD@@BBI?E8:C5=<;A77:9E=;FB?(<:DD6?@9C9=BF@G>D@@?@B>?<@>B?B5;@9664>B/B139F;4>:?8=F5H<9A77BJF7?7><;B39H2AHB.CAD*9C3?AD8<;8?;@=?:BBD=A<;>?<7:58:B;D>G8>>?ACCAI5+A89CIC(9C?A:<8;?DB:<3;3C::?B2F:=:C57B64;@B<:@=A@,?=6AA?@97DBKE?:ADG4C8<:AC9>=AAB;A;CA@C*A>IG=LB;=HJ@=?49/3BLGJ>:B3=;;9@1E3?E.?KBGL;@>AD?A?DA?:AFJ?@E=A>>E0FD9QH:@;B=>>7ED>>88BB@BC:;AGD@A2ADE6B>;=7A9>F?B@7>?FB?9=@@<@6EB:=?D7I>E?>A<76A;IBA<>EEB@@@D??F@?BF:?@E@@;A=>=F6B:?:A:7E=?CA;=EFCK:B>;D=:5>;A46B<>@8BD?>@@1G5@AAF=@;??AG9AA<8EE>@6C=>;>@@F<:AA@@>9G9C9@>=CF:8=>?AD7C3AA@IBDA@7;@@@H@?D8L@A@3=52B<=C<8:F@=BB;=@8@D>>:?;C8?9@C?HCEECDH@C3AL=F6ADG?D?G@83<>E;36E>AH?6@;462><<:=5>:A=GA>><;?A>C9A07?-9H;AEF9C>4=IA>CC@=>9>EI@AGD0<:CDA45B978A@@??>B8?8;7A?56F@:=;?=<1C2F;6<8<;D6;CB8<1?B@C?BI>JCC?8;6:>5C;K:@0?>8C8CEH;5AA>=L?B>;7ME;75@5D9@9:>;@G<G066:>D:BBH;=8C=DA=:=:<=@1:>A:;BBC?A;6?GH?I7CDAD@D>263J8JB>D6M5C<@A3?@A;5<2A7CEG7F5>3<;?A@DC@CJ>EGC5BF8@@2=D=JE7?>BAGAF?BDBAD@/=9D?5E;?BF:4C=CA??>GC@F=@2>?I;B@>A73>;B7A;?<4@=A9DC:7BJ:D3@9>;D;AHG>=:B@6CH>A>?MA?;>C@0@E9;>D3D;C<89GI=CFMA87@84<+CD7=BA8AFG>:B?<@H<@M@4@JK@BB2=H::F7B8DB?@F=F@BM:@DC@?G8)C8GG:E=F?;9B>?D>9?H>:4B>:FD@>D@A=D=8@<>>@;AE/=C:6F@3?CA;2HAF9@E>;;;I=>:=?@>>EF:;E?@8=A?BH@8KD18GB9A<<9B6=A;D?9D6BE48F/F<4?DG;@>:CJ>EL?8<=AEAC6>E::FD=C,@BBBDBC6A@::5=2>C=D@:;>AD=6B@@?:<<=7)@FED6D?=FB<@99?E<<:IEDECG;ADEC:F6?A>4J::99@BA>FBBI3B>G>=7:CC>A>F=C@EA4=@=FHCG?8;;0C@A>=ECAE@>?@M5?EH7?;9:D@F=B95=3BGFC:9;@D?BD?;BABC:AFD>?F==EB:;>>@>8J=?>BBE0C5EBGEH8@DFC@I?8D?=7@@>F?9A;G:D@=?@=>9EI:7D@B@FCD<>@@7FA;9=%C7>@?D9?9@?=-GC?:;@.?>66A>I8:==8@@5B4==AK?C7<@>A;>E>;>7CC:?C/;68=@8@DG?FCBD>@@;2>29C<;63F;7A2B??BA>EC7AA9?=BAACDG;DD@?:EE;:86@9ECBA;DF?A9F@AAH>BDCG=F5DDF>FEB?>@A:?4:6?8L@9F78;A43G9>EAA>E=B=@?:BC8A8D=?8?7GC5=?7D=:ADA?5?9EC=?@=;DIB>9?/I9ACBA;=C/8;CE9D>9:BFE6A92F>BE,::?=>@;DHBD1C>;?A=@:@HIA7@>BB?8<@76BG>;=F??A<6@F@A@E/@AB@48B?>@B=@DC8FAGD56D5C;2CB@J/C8B>?ADA9>F@A9CK4FDAB:B@?EFB1D9A<;9HB:IBA&A>G@5A@L=CEBDE?C@DD=BB?C978=DGH>+E>:3DAAA8??/=G?<;6@=E>66;BA@C??8B.=>>D.AAG=8EFB?CC@>AGFFC.BAG?CL4?BDCB>C=@4@;HCFC>CB=BI>9F;3?<>D;C@@F?MCB?@5J>E;B5@?=EE?DF<;CAA5:B>6C?A>11;G4=I6CG=I@>@JA6;I>=69?7CA8?BAA9=BA@?>?2HA3>BBG>@DAD:.9B<<38@@A<;BBDE@=C=::G>G<==H=9;B4D>8:E:CB4@0G6C3BACB7@=98CCG@C7;B:FGB?>FDJ9D:ADC8B>AB?@A4EC@HGDF>D2:KD/8A>=3>>E7>8::*G@>FFB;:HA>>GBA9BEKBBF>>?;?A?4=;B?CDD?DB=AFB?<886D72?E;<==:=;L8H:H0E@<@>=9AABI=6;:A??@IHHD>CA@E3?>9D@:A;>3A?AA???E?ED=>;7B:AB86?C8AGC;AG@@HDEDD;DP3AE<8D7B;@>@C,E;FF>D@EAG>ABCE?HAD9FED?>F3A@H4CF>9<@EG>=C?A=?:=?BD=@:G)<;A3?6>CCD@7;?H?E9AF?<=:@;=EEB:8@@A8?;F<@ABE736;E8????68@F9;>6?>?@=8E=B1?B?=?>??53A9:7ABAI;6G@FDDG37BACAC;@BCHF:GFA>=I>:?B<:>;D@DF;4@A1EB=:5?<7<BC5F9B>G>BC9I?9<96@?BI3<=?45B5=@B@=<=?HCF;DAB;-A=;8??;BBMADA0?=@;)>>F?8=2A8;??DDB@A>>C>:E.;8?C3E9;7;GB0::58@>?JDBAFBB4@C9><57B=7<>?3=5@=?DK.>2:B>B?97CB@;A??HI@@9HE7/@CB@EGFAJB>C<>EDDA>>=<9AH?J@F;C7DD7?8B4>B;BDAC:H>6<9?<:1BA9BD48B=BAAFF?76BDE9A:?8CABH=G9B=@<;?3CD?;=GF947;@@><=?FA&5ADD>,CFE@@2A=24:A8;@C@A<9H@3>9D/@F@@8?<8GBC3;5:?;3>;C?H5=<@9@A=E=E;7:I<9CG?E9@>>@?3@E?5F=B?AAGJ<$HE=GB@F<5A?>5AEJ@E=>G@FAE?@B@HE?CMA:D59DD6;B3?5@>DF=>;@@@:@GD<@7BA>B9>@AHE@=@9BFG?GHDE68DBFB8>DDE<6;1?4A;DC9A8LMECA:6D>:H086:>=@==;9?5D:;D?4@=IDB0?;B@A5@@8>>H;B@9E=:5E??@>1CH2=9?ADGFB8.4:6;AB=>4>?CCCCB5GA>@F>A?E;>=8E?B=B93;C5A>9>17>?=4BF7C6C@D=A6::7?@=A9BA@?;:>AAH<>@D>;?>8?=@=9?:?9=A64H8D;=7>H?I<9?=7:F@5C=@@;>8=@=<;>:F49I2=A:E61;?EAE?:AAG@?:?EB9B>>GE:D:ECICC?BCEF6C=BOD@97@:478:C@>M@:IG;2;:B>;@F9<42F>DB?<9;7;G?@C=H<>8;+AEFA=E?2F4E=J?FD;A;9>AA;IA@ECE;:>EF34B@?G<>B@H=@H@@@C98><4DA>?IA:B:=A?8C5BB>7=/>>A7K8@=?8E/F1B=4;4<>C=6G@=B.>B:46F8:?;?@E==GE14=A>:;D/:9B?CCA8A2G:@C><=>B(DC<74>E86@7DB<>@>ACDJGA7<>D2:A>9?A8>@@BEGAE=3A9>=5P9C?@@CC??=B-4<9AF3?B=<0C8:A@C??=JAB?5B+>;@:99A0=;C7?5=;CDF@;?>9DG46><@3>;@D@87=?@G>B4@C98A=BC=@C6D9:CED:@>4A<5AC>@>C=GAE@C9G@DBDC?A?>AE;?C79/F<3=?=E?>9E5ACA5E4D:=>C>5?GFCF?9;HD>C4=B7>D?C7BAA7B?BD@<9=?DDA?:C59<:??H?B8AFDCB8HC@<=BCFC9A>>:DD>?DF4B:HB87A@AB;9<39:7;DG@C>CC7=@@;9D98ADCB@?ACCH?E:?;>ADB??BD6FF1D?DCA>GH5;E?4@B?;@>C;8:B>8C;;1F>BF??@<:@>3A7809>JD=B=?8CG>?E?=79=C<,<>K?8::9=17B<8@<7@DI?;BA=>F>73DHB?;D@B@>@>>54HCA>;?BA>9=BJ>=;5@;;EBA95?EE@>CC@F5B9C=E7CJ<8/C?5@;92F=@@?AB=2B8/A;?@8A=DM6CA9C=?G;K@3G;ABB8AAC@D<5>A7<@9B>JC@A>8:GCEEB7B47?F;@9D4>@BG5FJCFBIC67:GCBFA:6E6@DA?;;<=:=GEBEAAB5;F6>=.:>;>7@?ME:F@DHC=9<>F=7E6>;9O5A?7@=>C<@;7@C=H,=>F>HE4LB@L8:=AEAE5=7F?=<=:;=K:99A=AAA<=<986?@D?B@;=BB:><<:>:A<;@G>=@9;FC;@@A848@<9@>A2D<@6<8>H:;@DDI?7B;B+<:GB?8CCA9,9AE==?:7G?CA>6DCA:D79A9E>=AJ<,DDB;=57;FD4@=>1><9;76C@@C:@GE=>4@+H905=:>;=D8F>9>2A:BEG@C8AG,@CB?<>5:<:==H>A9M6>C>FB@>G>3C?8@A@A=BIC;:A>HA@B4J=?<:@>:?IC?IAD;=?27AFE2@DH>E;A:CD99E9B5B/CA=CFH8B9<53E>LA;<@C;>AA=9@8FA=D77AH1;99@=C?9AB?2E=A:=FAD$D@C?B;@<24CA<=;@5?BA/:A:CGA@B?:AH>=D?8(C64E:<9<8DC?A@3:IC888AG1AB8:,<8F=<>8G.<95DA:B>;:*:BKDA6>E:G?>FAEA??98->68A@6;0G@@=5=@7C4>AAE09"/ECC?@C.<;DD8BA/?0A;?BB9==A48?EA>CA>:AA<>@:=4@?ECE?B7C@@:;>;F:5D;=BA@BCB?I;;A2F=E+@:H=:B=B?@-><:374D3:9>>@9:A1??-B6<;A?C96;:17>E?>:@;6I69%>9;::?B976>C>>@B?;89>=911A.&>?7A-A6<>:-5:<2C5@3>F?A=?EFC<@:@C>E9?FA96@C59;?K=??@D:7>FCD>;7B5J8F?BA=>@;H5=CA@4=:@B-826?B;BE;AC>?;63C>DAB96DEG;B:=E?BBA@C@.42C>=?AL;A=@?<9>BC>,76G:5=/2I@@6B:81A;::A:2=?<@17>L8C=?;E>87@D?:EF@E?6B6CEDAADA7A;>CE;G>>;6:B=::CB7ID>:G8>G?@JE>CB=?=?>;5<>>B<8>1AB@HCE6:8=@=GA4J:D@A@@;9AJ7BC8J?5@??G:C@EKA;5A77A9HB?@28@KH7C.8DB?<=;88A@@:C<>H6:64A?C7A:=@B>>A:=>EDD?C3BAF9GL3=;C8<<>A:>?E9AH?AG?:;F>;DE8>=>?6B?B?4=:??BB=?=HCK5DA8)A7:>,;9A2:=?->A78;@;D:A<><>7>7BA?D=95=B6=:I?CCDH;A6H@G/;A=ECA=>G@<@F9@6;?CB<0FED>A=AGB;B=<===@34CBED>B/E;B.A88=<;?=D<@?B9DK457C?=C8F6@?B>C>>@<>?@BG@:<:@>=BAB==:BA=@0@>GD>@=MJB=EKD7@=;F@A@>BHCGE>M@AB5DCHF?>>8FFF>C;><@CB>LHEF?>EMFAIC@=4B;DA:=?@@@:DG2EEDJ:?::H@@G;D5E:>C?>CB@D?@3BC8?@@CE7EC9C?TDBHB;DADC2@EC@>@B8>4:GGH:F=CG63A@E;=@CD46<7>D0BEC:C=?3DA@;F@:>AG>F;1=?=CA:F;8@G@=@;DBC;>C1?BFFFG=;D=>DG;86<>45FDJD>>B=<;<5G7FHMGAC:C@2MB@<>:C;=7EG?C8GB@:;E;;CD;@F8D@>?HEFFB==@?7:G;=ED9B<<:=AD5@@IA7CD?EGB@:???@FCD89?=HF?>;:DDB=>A=CFA=55CC>7G;CG?E:AFC=1=2ECEC;E;=:9>:AE:9?BDB?A6;>/C99@:C?CII9@=;7DMF7>>:=<*=9E;AE>9<>EB@AA?A5=EGA<@@?>:ACE>=6C3889H=HA:??=6=5?95CB7A>C9>C?==B3:68@=?72AE;=>BFCB<68=9B8?=<;B<6H?2AAB,;<6>=B>@99B;9?6<==*;9>>AC/BF@8/??988<;E1:::7ADCD2=A69JAD>AI?:A?>99<9B:@B>?9C5H:B?GC?AC@>F79>;D9?;A>?E<6CD5@?A@>:G5D=BC?EH@>?I=>0>DADA88B3(AGBG><@8BFEA6@=<>=6FC3>?8@@H89CC;>4<::BL;H@<-1>HD=CB2=D7@<6.3:;8=<=8<@+?-D6:JE>;;@9F@6FE?D?@BEA?=9G@E9CECB<@:9F;<=C8@?ACBDD=IAFCJ;5JB>E9=7@IHK=A2927)7E7B:DE@:BCAF86A6DHGA;JC9>;2;>;>?=::77?>?ED@B@DB=7EGDA628@<676.6HD?0B97>)FC7>EBF9=285AA<;C@@D:9?C.C6A:F:7B77?2=@>AG=E9E@9;6IDCH788AD?C9A5J>=>:7?DG@8=@3@;?:A:EC=8:<=C+;GE1A?>F/<<;B?;B7C@;8?H@8=5C@H:<==F8L9AAB?@@?68E?@8@@C:@DE;D<>F?DB@G>5FCGD>@@;>F@DCC@1E?;=J@A@B7@9;D?B>>DD8=CB8=@??IIF:AG:BEBD;D=@=HE@@BDA6D>B>H7=CHDFAA@F;NBD@BH@CCBI>E8J1D<8@CJ;@=@B9?FE9BEF3?L@><>?@P9@?D3FAI6A6A?>BK@2F@H:DED>72AFDQC++G=JDBJL==A=D<9?GA=DJ9BEG/BA4IICBA69@5<=2@>DCLH><>ED0>@D:1EEBA;7A3?4;=@I?EF=EBC=E@C;A;B?98AC=A@4AEC@26@;IH8:F@;0=@?B;48<?PDFA:75:AB4<8CC?46;H.98AA?CC7G66>6GD? @I2?;5DAG?=<7:A=A@BG+?A4@@D<=C?@H>7?EC>D=BCJE?2:8@>F3C1<@FD?D>GAA==>?DD-=BBAF6F>9FF=30H?89NKF5EBD>;?C9@;CAF/=;HG>>8F7A;9E4=C??EB=F@=?>@ED6:IAFBGD:GA?2EA>>D>:B3FD?9:>E7DA=:BGB;FE:B@B?E:>B7>.8:5<=:(AB6I@EBE4B9A:C;6?GDBF@;3@@B?K5><5BC@HE?7>?83>=9A7>:?B3EK,E<=7D868I;C8L<4G>;F=EE8=@CB@D?>6C1@=>>>G@9BA7>:@>8A:82B;9D8C02BB;;EEDBAE>-;66?8AD@A/:B::EA<4D:D=;>>=45B@9ECEBE8GH@BAB:CE?;9D:<;D=CEB?<@C>@BA/@;>;:CMBEB2=B@<5B9=DIC@D:B>EF?1C?@BD>BB6D89C>:G:@:7??<7-<8G/:=?;C858A;1;E;@<>BC4A/4?<=C0C?9E?0D98CB?ED@4@6<<7CH7@>;:>9@=CC>?>BHB7+:=@<-@D8>B?/>A7ED;CB843EC8E6AB1@C@G5CG4A?L@:+D=;?EC@4@D>D/CBGB<@ID7AH9;>:H4I=@@B?EA4=AC;E6DG55?ABB7B;7;?:<@:F@3A:>9GA6ABGE:B:;:A<;=9;D>C?J?GBEF=@E8AE>DCECCI;5O?E?=2?>=9A>9?DD=C>?=0BBC4I6FG:B:G;D9B4?@EFE:?581>?BCE?=EC?>DH6N:?8<@A68EB=7D?A?5=3E<96D<9?KDE:9F@@B@H<;@???4:I=A=@=>=@?8@>D99=FB=>=B?>B;>C<>I8EBKL>=BO>BBDD3C?<??=E6G7CB>D9<:@:<9EECH:=6C.BD@CG:D=EC?HDJ;<;@@AH>H6FEC7A:D:=F>;EF?CE<<=A0:P?BF@C7>;CDFEGLF==B9:898E=>7?4:A@@@;A?E>?CGF?0BJB>A=B8:EB5=B>=B@I;G?>?8JBH>G>>C;>;CBB=:8JF6ECA9D==6A;5BDCD<4IA@@B97IJA7@9.>AACE=>C=/>G???>CB@:CCEED1DF08DH@,C:FA>C=6EE>I@8297?@A>=E?@;8M5?BAEI=BD==E=A>6>2B?;5>-EF@>@EICFA?7?8@DD5A=B=>8>;C0A@>D;B@=B<5:@F<@EABGHA<:?B2;:C;:=:EA?=7>>2?AD@:B@AK>6;AAB=@>B8;AAA=E@@8BE@?1;F<<9>:B>0@D;;>A7A=B9C?C9F569:?;CDB;EBH<8@1B9C@1@@97818:B3;>FI7A;8?>:AA5?9EH>=B8EEBC@:21><9CIAHCAF=C)@B9C>A?E@B792>:>598DCAE7CC+G>33?99@@AF.H>;?BA4@-:CG<9CC=AE>?;4B8;C9C=D<=B;>?5)9?>FE=CG@C=A9>@CE9CA:==)9@C/F??88D@C?4;5@;>K97=;>2?E;99FE:DBF<@AGCBC@?;/78B9277:9.5<=F9971?998/=D<<8CEBG:FFEC=>B@<4-CH;/7?8<=>:89?*AF:F=;::BBE@HDG@8A=A?<>?AG846556;?D;:A744;9A:=D;?@CF>;?IC,==;H;:6BBGB=>>B@7BE7C*=;:GG/:@D@G:>D;9>29?H2D?1E8CEB=BDEEG>GGA@B@>B@6CI9?5=>?9EAM>BB8DBEC7H<5AF>D4B7E;B?:DC<;=@;DFB?@@A@C3=?G6@@37:6C>C@FG??8@-5@@:/CA;9BC@@/AC<65C;D==B:HDA@>C-8D=E:8HF>9,;@@4:;/B8F78B@@>FE?<88G:@=17;5;9?CC==BA:=9B9@:E9E681:4<<@969?;?D=@B?BF3=>?8FAB>D@?;A>@DDDC>3FC><@>=>D:>D=EDGC7?IG@4B=FH:H>@AF8BBA??D?DBB@C9DB;<>6?@399CLHAC:>AC4GIDIAK9@A@D9>?=9LG@4CDCB@8AGAB9=6=B:<7=A=B;?HH@@<>>6@=3EFB?A;:B=:9D9>E?8@?CB8@7;E=:=;B@0=361C?81F9;;??76<<8:=FAJBF?B?C59=E7A57C?;G=A<7DF426?EA/5G516?::B@;>049EA8/BD;9L,CD@!A9@E9A??C;1E@86=CCA@85G3:?>DBGD5@5?7B=4>ID@?>E:H5A?<<<=BE;DC?81@:GB?B?1@;:>:?94<7>6B?>F;G7:C>=7FA2A7CE=I7H:?;E?D<@<:(9@9D>=>:5@>67BF3CD<;G@::7@>5@D?>=ADD5@;9?@A8G:>E99:=CB@BA>+@C=BAFA>>>?;BC:A>A@?AA;95G>?8A8D=A6>;?<@E/@@/FD8<@:6->;D;6G1E<>E:;5=A=B;>:=1@A@J;FEA28F?C@>B:8@AABF9B;<@F<@=>C1E@FD8F:8CE?==F==EB;?8AA3=>?A=2>9?<8D;>+9B:*GE4PHE>IEC:8@D>1=;2G9DB@?BE<2=E559EC9G8>;C@=@CD=F=4BFA=2E@B7C:AD<9;G=C99D=A:EA.@2@>5BCFB>>E9>?<@CBNE=E@;=*?AB>;C(@@D:C?@DBB>9B>;=?BB89:C2G<><8;;0>948>>ECD<>B?9B@<3/>@;?=EE@5A;1<:EEGH:2/3<4@=7G=;97B<:@<);G74;6??=FAB<7D>8?9;6DA>@>=;9AB8B7?;:1??AA;A9>C/D<3GBG:AGDFBE=?62E=?GE:4?=B5/;1>;=4G<;8>AC?@C;708D=78=26BD@5C@:FA@=439@@B=@;CB?8>8:F:0;8917F>>9B;?39<4>=A5;C:5J?;9@9CA<6:ECA=A>;;99>8;><9/=8>FFB6=@A;DL>?@?@=>:CACEADBF>HKFA@>;??@>??5;=?@576BA@;:6-H:?;H=:F>=-F:7=-A=:=E7CC6+<5A6CB==9>A:G?>C@?B;G?CD@0;DBFB;9;BE:GCCFCBE>BF@IC7N4FF;CA?6A3F:><:A@9E8HD@A79@:>?<4@?JE@A???6B?<6>=;E?@=66A?9=6CCB>BD???@@BA@JCA@ADE>HHD=9:@B?/>7H1IB?>3>?=A@HGB?@C=<>D=E>:<3?D=@DEF?=G>8;:8A;?BCC=D;AG@?B:;7A<=JBG@BAB@??BA@?('B=??75BF?;@8J?D?@CC@7@AED=EDCCE>9>EF>@EJC;9@<;>D9@A>CIAH>:A:C@:9E==AJ7=@HEBH?=;>A:G==;:9AA@EAA=A7;<:J:9F>FF6C;9A>>BGGC??@ABC=B?B,1AFA>64?>7;+:>F@9E;=B@BB@=AC@E@F8.>C;=;>E==?A@H::=<>AC8==<6AB?B3.BA:@@>2CAA;>3@9?:?F:?;AC>;A?@A6=B+:8>>:CB=?I:HC=HCD:4@C=A?6>;J9ADI52==B6:D,9CA=B?EE=C@@;5C:=ED>C<3G9?BD8IB<-H<2+5C7?9H=99D=?=HAO<=5@-BCCADA=>6AB8A59/@B38C@9HD83@ED;7=85A1B@E::@0EE<@>@E7ACA>3LAA8@FFCD>=>8:@>HA;=B5EBE8C<54B6=E;AB=1@:C:FA7C>G@@H@B>9A:E=9=FA9@3;<>::<:7GE78;96<7<;7E=.B=8DBF:770>?B:B:>GGFCBH:6?@CDBG<:?CB=45:@<<3EB<3D6A7E>C>:CAD157B>E;?>-=A;AB<:BA=>G>40:>/E4C;B4819CA9?0A;>A:>11;J::G>8E9E;:9>8?=E-;O<6=;9@<:BG:?66E6A34=F?;,@C,HH*F8<;<9:?3H?AD>:>@=4=?;>9SA2BE:88?>4@7@>B>;7B:>;/CJ6HA:C42=A9@6C8C>>4,C=D5?=@89>?A>9>6?8@>>:H>6@?AB>93A@F7>BB91D:@6?HM/;@@@=E@<;B<>A;00F9C>8=8:@?@<8C@@:?;;F6::B<2?>A;C;CD?>CB>CLABC=BF2A;?A@C34@5A6;=5A4DDA80?<:,A?H>9?H::??>@>>B>6A:=D:@A=:?5@2FAFH=165B=?GACD;>BDEHCECCACA=C>GD:>D6.E,=E2>@AI=@D>C8>C>I;A2;FA?7@@A?AJ=2E:C?B>BD>I79;J:DA8:7:IG7@KF?EG@E=<9J=?7B?B@@7=B?AHC?DFB>=BB@@AEE=CB9GC>BDACE>;>D6C1B/?I???6B=76=@FB>5;-A>9>AE=?9A=:3C>==99886?@GA8CFE<>@H@@4;B@=1?ACIBBE;HCB;B;=N>?F?2@@@/AHA>F:B?ABAA9CECF4??>>:=CJ@<8A?8>?:CA9?H9C>F?E=DF@B:@D67G8AED?I<;ED:BCB@:FC@H>?JC.A?IICFDA2>=GGBD<:AC999A=3DL=G==?FA4?;?:=GFDC>F;@A@/7D>>CF>;6@F>DEH=C>A?CHHVE9@A?:?@@A@=BE==D???4>2:6@G57A3@:BC@?:D:=D=<@A::;?=8?9B>?9=;?:BA94A>A?>ECA=:=2?B6C7C=>JIB56<6L2H5B:.9;:JHDC@>D=8F*CA6=D==8A;7?<=@).@6?33>;;@?9G<9FG@@GA:<:;CA68A4D6:11>@?@EC5?C;C6CH6>D*<@C?A>A4A6AFC>>FB=;E60><>>8@3:@@E@=A6JB9:;=>:9;9G9D7:ME5-:;:2A@6I8<;D.2C6B>B984C5@89+C8JE:DE@A7;I@;8J@:DBD=A4>DC82E@ACCA>=5;5E>@B0:CG578;9B;=G8D>E;CE@@5?:=<9B=B>BD:16AF=@0=E4?:8??E>EB;B998?=AB:F>6GAB?/?6E:GAA<6;H?:7;749B=GC3=C8@BL5BD=>E36=5+68?A;E?IB=C<8B:==;<7A=<>>97?9;9D?G99A>:4&:09<=6E@:8?B9=:;@:72@B?/;??@DC2<9B?E6::0@A?>,7=E>?B;+J?A=BIA;25;:7:FBICC5@??;?=5>:=K8=E0<<93J<>>6=?M03;=9F<:4D>>B@-<;13G5,6H9F:84E3C;E;B>F=A=345;@5A:EJE>CF:9:1=<@F>CF959@8/<>H=I:@7AC@?;A=:7G:CC<AA:<@;B7?E@7;:;G?ED8G:ABA6=F?=:C2DC@<=;D=9E;:@C>LA?=B7F>BE@JK=EB39@=>;BK>@C7D=BD:=C9=BB2:<:@H7>6B>DC@4?LC?>>>?6G@917C>?BAE1?8>@A:@3A@A@DD>ACBA=@-IBE=E:@=B1@==FCBD?>>?E>IF?FCA;>B5:DC8C=;C<@9??=?G=BC?5>C>E>HA;FDKC>NA;<@;CBG:HCA?D7H4B58A@CCH9MABD8D>5BCBC===;@I7ACB=8IEJCC?B@??=C:GE>?B@C@478?85;6?LIE?;AE8:.@HFF55@F=1:C>J08>7;=1D@/5:?3BC98>>7F@6>D:D3E;:;;?A4<=:A8B6E19?.7PA>5;?=:=<:A@48;?DB;BEDB@>B:>@BI-8=D2:?=A2?AEE;DA5=AA=@=FCAFD@;?CC>F@J?E8@;FG>@:>>=CA=FEC>72DB<=;B:GA<@<=A=FC=>BE?C>DIHA=AAC;@<>83B;7@F@=:>B-A?B@=BA@@MG8;@=GA9@7?ABBH?C@8E?@CGB=:=4?<=?C;B:B;@;=?=D;8?=3@=@?@A=@;9BD@21=:A<>FD9B9E97;3CCC>D496AJ.6A?6;@@F;=D;F:DGA6?>6E;9C49E5398=:A@2B65:BC=E@?<4EB?9<62E-:9@94JA:?D@B;:?@G5BA6>=5><:7:A2@?99<;92><<@8:;BD=<:FAAC8F>?FC>=:5B<@6F??D:996AB?I/:4<<./*3<5>80?12==D8F7C=89C7@8G=?DE>CGBBE@<:???@A??A<;I9446=?=>=-8E<:O?>38@4>AAA99>;5<8>2=E<1?4?<>3;?=6@=>J@@>.>C1=68F@B?GA;?:A?;=>>574=BAAJ:/+;>A3F;9?@C@C-9AH.GA>7>=DJB=E@F6A=7?:41;69D>:CCBCC;BG<@=<>FG2@9CD>D?G0;B?B2AD9A7BBF8>:5>;<:6<;<=7;9>H>LC:C:@A3?:<9>;=H@C?1@=B9>A6B@:>E?;02@<@BBF;.DAA;75<7@=AA3;PAEAA>CAAC;ABA?A8>BD6687E;5FCC9@>J6;0A=:K5:=4=EA91C0AC;BAB9/75AAEF7CC?78=:A?<:C;9J?G8;=8DE>6=54A1ABC<;BFB<;0-;CCF?AL=E;>>:A?9-A@;>B<=BEEG=NGBA<6D@A0;7@>CD?>6>:<@GD=9@BAD?=BCGA:D4:6?=CGG8=A@AB@8=@B==G@=B??>6?CC;G@>DC=C<:?ECCG<8:?<@CEBAB@EDC@=J/A?<?3>>G;?99;7A9:<:4A7E?A48?8FB9?AB<@?A@9:=;?@CHH.CEKGCD7B52:;D:BBA9KC?ACHGF>DA9=:B7D/A>9<D??==FBEA9B@?F:BAHD5C=?GDD;BA;@EF:AA>B>=AC@ACD;3@@J=<1A:CDE?=AEGB98:GEEDBA7E:>?EB,BBF@A;7C;>7EE>:B9>94?=ED>"@9;>?E@?;>E6:A@6E<:?=9>AF5:::<@5<=;;B>=8:A;BADC9@I9?2@5=9@=?AC;('BA;?9A74E=C;>E?A?>5<;@:DCB>@;4BACCGAB=A=3G>EAAEI?@EG?>@B<B@>?@>F00D>GG88@:EA9D1?=;@BB??;AC@B;H?@6;@EA4J?4-?>2DA=BB?>5FE>=97A=<56C=C:4C@;DD6BBI:=:D5>C4J:2B=39A@E5?4E::=><>8?:>>==>@<:=@A??C;=D@759GE:91?;F:C?AB24@:5>E7:7)C=9A=1>28;8CA=5>>@2?934A;AF>>;AD?.:17@=:D;ADBEA?5>4=D?FBC<0:87?3:A@CB<86=:BE;?B2=E;2@A6=<3C?9KC4?B;CC*A<=81-;5@D>A/4?8GF8?H87>29B:2>9/4BB>>EB:4?CB?6/65:D3?-<9<;BA=/6E;<=A;6;E@FABCF2C725'989@A?986>8D>7E=;;E?$$85A9=?70=?:;:AB9:8GAD%:?77C=?)-,CI3?2C*?:45@4;:6?5C?A7?G;5F772A:5>A:9(5C;?71AG9A=;C=BA;7HI2A19CD851??>F9?=&?E@?G92=;>@CA75A8>@B:=5:A=H55:@;:B8D92<79E@9<=F<;A;@/A9:?2D9A>E?:A9B;C>(?<2BA6DA:<6>,DH:,7>EAC=<:-AA@>>=%?1?27A:8D:=A??=84CB9DB;B0F=;L8=0CE@B4@GAC;@>7??B?E@CC7;0:4;CH2?H:G7A6B<56IACB:E6@GG;7>AC>D9C82CCA>89H70B=95795;G54=G9E@>+=210==8)@9@HDCA9::?>5EB5E:@D1@>;:<>2:AJ>C5E;;C>>0E6?;AE>>;>F;F@B/C7H<0H<9=8D<=>=5CCB;:E;.8@=BHC7@9ED6BBHA;>;?@B?9:<=B?=EA?2=>?DCAA6F<9@@?9:39G?DEI>AD>F<94@?>=-B>>=BGB@>H@=<2G<03>FB><@M>A.<>5?AFE>?/I?E<<6CC;@BFE?;BGBDA%!K?CD6A<-8BC;=??:5GGE?7E?:BB:CCC@D8:HH@C=<:;9>D@C?>D?@@DBA>B>H=F?CEBDBCABC=@ABB6I@?BE:C;BBL9CB:BD?>=@@?=A6@+;<@?;CFA;6<2A@;CDID??B==BD=?:?7C.?DAFA>>>;;904;B?EA:9E>E@B@/:?D6?:AA=53BD:?FB9B@;@;>C4A:A8?7=>@4@B?@H=?>;=?CBBFC;=D@?2:@;9<9C@;=EB=26E@9?27BDAF<=@A:8=1A:D=BIB:?><:A?;?@11>2BDCHD7@I77:?BF::2==>A<9C??BAD>:?@A@::>9=@..E7ECE/HCJHB7?<=@<<@H@BBAH:C=9=6:>?FCC267@BI0?::<9?@8AG;@D>==>6@?9E9=:??:BB:D7>,8;DGA;;E96H=F=K;>8;7??4@>@>=E8:5A?A9:G>8=BC:>IABF=0C0:=9??86;<@0::=4DB8>DK.6280;<<>96=<815@(1B8B1>B;?7E1=F3=D2>5F@5?BA25=C>D:;=6B9E>89@B>7?@=77=>9?9?46?=FFBA=:HAB?E:EB=DHF8;BB>67B?774A=8=6@;9.F>><1C::=C<9?45979FD85-H=;FI:?E9AA94BF?9@D6>CC3;:7H431?A=CE1>3?;B?==@;?D/8D<=;7G@ACC0DC0>3;<5B.D9;?@@;<:87>@<=<8BB8D;3EC=99=<44CD@@B<=>>8=@'<<-?56E@2ADB9C@J;>3:=@<:?475:<7D@8B;6@>6>;>=D:9B>?AFJC/;7:@<<;B@C:E85@B?=A@.@C3>B;C2BAAC>6<9?LB@7;-G9?>>FCFCIDF7;:DA>=:78>EAFD>CA;FAA:C@?2?98@?@HEG16;BH=7AD7@8B7>>:E57A<=9.:58<<>:?DJ=C=A>:B8D>;<5?A=?=5=;>;3GG8?A>6G8A;88?=CD>7A=HF/=C>?GJ:5<<<@?56?>E<@2?:A9@<=BA>:D?E<<=D?B6B??.CB9C?BHIA8GEB:E;8AA@B@BH7>69>CA:;><B=FH<>9>CCEAD=HC;D3/?2?C=C=2@=;:FB?<A;4;A?7F@==:@@@=8?=A->,>DA7=A><@G@29A;>FA?9>9;@5?756C?G/9ACGG;3ICA>3DEC?A3><<36=BGEBHAFQGJ4DA?9C,A9C4C9AIDBK:E@DA@:;B@=9B:8?97F?=?;D?2E5>BCDE=2>7E:?D@:BCD28ABAD=<>GECJE:I><FD<;?C>68DE=A?;H;=89A>5::>=924><=9;G4G=32.=BCE?8@A:C<>9CCD<;>=B?B>D29?C=75<2?>1771='6C.C=9>@@?=A6.F:B@=<7B;@?5>D<@?;=7A8AE2D2B6C97AC65<@B=0BC?D33ABB>:8C>=?:?<6<46DFB39AA5B=@CD;<;@@:C?<;><>GC5>=AGAFEEE??@AACF>B3;8;C;BB@2+>5>0D6FB>;;D>D?B+:><7@=@=.A6@?6CG?BCB?A;;;C8??<>7J@?@5=EC1;IB=@;F;<)0:;=>?:2?;D2B9>><,C=@E?3B>;:7E?C@=;;7@?I1=8::C62=9526:*4A;>5::?97?A8?8C9.A3;9M84=?8CE89B9266DA<7<46A??C6B9<4=:H7-6><06;BB,<.B<692:F98A*8:,3;,G85;?=@'>@C;6B9A>7;86E<59?CA78/?FAFC?A(C90E(;636B9EAA@@9;CG?CA?C0?>=A@GC;CA?/B8C2A@E6>CBD>9;5,C<1CG@5@F;B==4D9G:5696AAC075?9G:=72:;=A8:G5A3DA=9<5>1?-(@G4DJ>1@8;>@;DBB>;=B=C>56C>3?HA?8><7D>EB8DB@3E<7;==<9A;B@9AD?E3@DI>67I69E5F9@B/J@=>D8?3<@9<1AC=GE:<:A6B@:9E:I@BD7>A@@:A;H9D5H=;>CBA?9DC?B6B76ECC:FD;39@8?@:ADBA;D@9CF<@3B:9?BAE?@:97A8AFB7@F:E>CB@=?::HCC>;G=?AC==26GDA=?1:F>:5A@ACw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`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kDA9>9>:33A<7*D>8@9B>B597;6B0BDE:=F9,F3CE@6B77@D54E@CA>@7AB;B5>A;CED@H@9?2<@9B?>:D?8=C;;>B-::AE:C7=7DC:?;?<6>GBC=CGD9D;>>6H+@?:EIFFFC(E;=>>==@8@F::8ACCCBA@9BE?9G@H;5G;=9G37>?@EC@@0:@B:7;6=?=;B?>@D?F2;537A@?4<=A=DC@,C8@F;9=D>?>574+06-*9,3<<<>:=A:6>;:G:GC86C8@D=7?AC;@5A5C+G:9FAC:B98:9>6@?:7B?C95C?:/2A<=B.D7H:6?@B7B?DGC?:ADAB>?>539BD3>9><9G>>==>A>?6D:@>=<98>09:E6DD>D?D>B9FA4+@>97@D4IB95K:=C6D?D99@<;AB8:5<1C=CB3>DBC?CGAA;9:?:4AA:AEAA?7@8F9>F9G6;F36;DCD90?<9C07@G>A==?5C77H9?9@A68>>E;0EOC:;;<5F?9?:=6?A:<;88>@BB@;=9E9I/5<66<>B3F<3@:>:6BD89=D=?>>)A<;GB@:>74CA@9>E2849:>3=@B99?C=?DEB=;?F8C;5B=<6=>E/6GB7?C2A??/7C6@BC;;1,D>8C7A8:B29AF@><<5I@6=7AK@>BA>A@98<<:;AA=+>8?;8E@:9>;@B8<:FC.A@AAC;H:7:D@BE;=B;B4:=>D<:DB;;A:2<>E?A:>D;4G?;=C=B8B7<C;0<:A4E6<>A=BA3=;B4@3>G>=A><:>@@:?ACG4D>9D?CCH6:1??@';?A>D?6=?;:9@E>=@?8BE28H@=>@4@6?9A:;?:92D@6>87B5?@A92>ABG6+4C><;C@9;?;0<8&E<8:>D6C/;:=AABC9AE??2<>7C9BD@7=A9CA1?;>?(AKC::B@=57.?>5CJ??;C5B/>D4=BA==5F?:A7F?D@=G48FAA=AG<6=BC8@=9FG>FA:;??:?A>><84AAF<=??@E:@?CI@8;;GA;G5>AB:?F>ECB?>C><=697E7;>H:AG@;C6H5E:D?8@@8>=;>;<>9GG6B=><93EE0KAAB5;B<=E>?E?@;C?=F4B?G@6<@BHF1C6AB-<;A=>>=:=@??1<@B>;==6B@>A185;>@=BI9656@=AC5@<;5BA78>@ADB7;>:3=7-=B5550A?>8?AA?648@;B8I9ACB<:<:>,9:8CF9:=E=???E@;>=?C7:.9A-GA>F6A=97::>4HB@@>8@EB7?=E86;6:BFE@@9AD66AA9C6DA=EG>F1=>I9:B;,453=>G@<9A::<5BACAD21C/>@894<;@-:?CF@C65KM:>6FBJB@GH=5E86=K5A;AA@D/?;?B8?BG8@A;@A?G>=6B:H:?3:F@@@AC=BE?F95?>2A>7AAA>45>1B:=B@?;D:A=:@HC=99?>=A2:@@;67?:C@59D%:C@65A7<.58@;9F>@>F70G6:<7::H9?@?@C4;?BB797CD;G:>/;8EFKB@>;>:>6:@7@DBKD2C7?B6?D:EA@52:BDB>C?6>:>@=,=:@8=D88BD?>9A>;C:AMC@86<.DA<;:D>9;;AB@<EAEDG8E>4?:1?=@A>D@?DCGD:4E9";@A?+;@@E=BE27G;=D@C83>;=1;>23::;EDEB:D;=>><>1=BC8=<>4>>A=EE>DCC*D;,;=688@B=??:74=4A>;5>E?B==;>?CH8N6<;@FAF=:>38AGB?BIE?E?9.;9AD6;DD5:1F>B9@088A?;??/ACBA7?H>>.C<>?A=A@=7:->DFA7E6;9I4@BCE>3G:?=A@??DB:A?@>F?:>,E5-9<<>:@>8>C>;8:>C@?A;;<7>EEF@CB@?AHEL@-33=??A=/BB@@E>;=;H>A,B=F::AF??>?A=@6B6=A2D?E;>2;6@C?:EBAE9=::8<@>EBD5G7EH?:4J:D@:;?3=J>7A7@C>DCD=BB?B@GH8>;@/6?<>B>7B2CF??89FE&@:52>DBC978?=;3:C;=<29>==@A=>G?8:9@C9>;29@>>+;><7>B?AC?AAA;5C>=;47?4?C:8;A=;DC279@A?=G=C:>=B:=8;8=I>;29;>A:@4*::8@:06A/<@B6A>?=8<;?9;HB;>@>B16C8889><5B>E?@C>@7*8@689C=<<'=D6=7B;@7B>>@:?>:A*BC,8B9>A9@A@9;BA@H<6@>,BFG9CFD@8@=ED.9=8>B?>=@@?;>AF;A:CHA>;4>8B>BH;3:?<>DA:0D>:CE>9@=BB=A>4<>>B/>C98:E?CJ@;:E0>GC;9EA>=F517G7G7@=DD14=6@@@B@8AE=;7DD@H=??;7;??9B??9C=A7=C<8?D8>?L$=@FDDE;@=D<>2=A8:DF@>=CG78A765@BB@6GB=>3;>@8:?K;BA5L55+A;:;@E8@8=@@28=C5?;465AD3??:OH6>:9FG=;B:A8?:@7=E:A$>;CA/>EB7D=8:?DG?@@CG@=7E7B19?5@C39EH1F4=8G>H7DG?F<-BE:D::BCE'DCIB=?>??ABB?;>GBJ@@6<:2DA8=?KB@;<;D3?;5:?7@?8@E4CJG?DE=@F;E@0@:99=?BGA?1D<::G@>=FEE9@C:?B5A>E<6AAEIA1;0787>;A=?H6=29B@F:AF@535B@DJ:?4BA;79?C>:BA>@@57DAI,:1??DAAE=?;C==H@31CA;>7B>CG>-;=A>@?>2?F8@A?@@DA;(<?=F=AH0<77=D0;D?9;::2,.<1>5.:LB7=/<9?>FC:B8<9BF>:F9:FG69=86>?GCB6A=3;>=9K94>H>2:4BBD:@BBG?<>0AC67?1B@@LDEA:?<6CG38FFB0<==3E@7BJG:>A?BCF?@8<9@I>B2D@:?A8F@7?==DB459<=:6<1C;4=DE=-D0A;6@D<HCAA?F?9;A>E-2B97EE9C;=?6868HD?C2B9F9C;?@>>D??E2DE<18C6>@B=3B=17=796C6AA2:=A<<>;>EDH@3:?<;>9B8:>8@DC>*>?D@8?C9BA665;BGEH=AAD>@EB8@@6AED@652ABEBDFB@:H=5<9B55?AF>?D<37E=2>9B=A;DBCH=AB>CE@6>99B>C?:<4B3=A9C9:?<3B57=::9@@>>@D?ABB90@;DACAJ?7AA7E;4,?2:E7<<;9:A<=88?5F@==5=7?98<:+;@4E484H:?N:=DCC2E8287A0-@::F?=;;BBD@:@<>BDG7??:BC@;<@4A@;FH;;GCFFA;IBD@BFE<9CA:4ACE@9=+>DE68AGAEA?@/=.BBB<@A>5;A5C@=B<8E4H9CA?E?8:8B7ABA>;E5FG>=8KC@B:;I<6A32@>??9J6DB@@A@H=>@<:::;B5853>=5FC83H>3BB??@@0D<87BFA@=2I=9F?@>E9ED<;<8;A@8=6?5K:AC;=BD<>8;>56>6('6I?25>C>94E@=?;90BB;C8?78D0=CDG3;3A6@?8A8C;246:6<;7.@K:?=;;8?AA=<8B6DA@/8=;A92?0AE6<9C73B?;@B7?DAD=9>A@@>@30>B>D=43A@9=9F68?ECB57B6A<;;IA:>C@A@CB9D?A=;?63C6?:;E@?>H<;A789B9CA@E;E<@3B@ADG37DB17J==>J=F8E2C:;A;0?@?=@>::7?EDAKLB?E386'C:@;B94C>93E>?=:EEC>79;;3?@E:=;?:3E;9>>B7;9:A/8<6,;68>;?7/>C<9D9A6<7H6G:4B?J>AB4A>DB:=86DCEE?>A89GE::;4A>D9E1KG=@2F>.C?:E:7D@D>>I@@C>?B8A2:D:JBC89@F<=J<;D68A7B4@3AAB=11>G6F;KBF@.A7>?<@;D:D,G?=@?=,A==81AD96>5;2BDB3E@:=;?*>=>?B378BE9916G4<5K16/CHB80E@:4>C>4>B*88>EB@@=;3B=F@D?>??A0D8B4A-?=C>6B>:;E@AG<+>4EIHB??=7=8BED6AC5?:<=;=B?:@?A7CA@=2C>E@FJ>89;ADF??:@CIA@>?99@><3@4.=>?:+>37AAA>;<8?AAC;FAE<<>DBC1>>;B?6=8B6:9?CA?A=6?C?=7=AE@=;A9G8>9?8H;4;<6<@;;.8@68@B87B;4B:7DAD:6K>8I76B;9@F>:0E0E?:C>.DG@5I?D1C<>CG9BG3>?@:;FBGF3=84?EBCAA=BA@:56::E9?@A=9>F54D>98B75B97G@@B>BEB>=@;6A>>@@@?:>6=:8>D=:C6D?A9:9E:9;39DD64FCF;>5;08D;A>?F72=1=E<9@0<<84>;@907=?8>>9;F3;=;C;3>B=1@<@:A@C:-?41<=0<<@35H7;AFBD4/@CI>:=7>;;EBCB>D@.:F9A98G:8=:=@.=>3<,>@C?GAD9?=>>>A:3AHB=E19>@>;@D>D>>A9B55RB3:>>7C=>??A@?:AA3@>H=?M5?B<A=G?>/C:?5EA><6BFBHD9;C8C9DDB=DC9D37>D=>BF:H67>B1;A:;B36;>B>B8BB?>B=;L5@7?;>B<:G64G=;A=?7>:5J8A9:5=<;7A9AA:B8BEB@9?EB=DH8@-@@B7.=DA9<@:G=3>>G@<=8;:8CB4?=53>IF=;8?A7C>:IA@E8B>D6DL=3D@41C29.=DB6GA?5?A??@C?:86=AB5IA9<7EE@DH6J@CI>A>7;/554B::?9?D>?CBC.GD@G=8?E=;<>A@FF;E=@F?=CFB<@?E?;?=;>>DEC088>:9GE4D5D;D9F@F>6A9;:AB@B<7>@@:9@EA3C;H68?B/;<@AA;==84A@64D6@@7EE:;/57D;AC87BJ9;9<@D5<9?D=>A6(:E7B612B?=K@5/@5D/:@;?>=.@G@57B<<:F356;;6<0;4:00:0J,;2FCK7@CG:5=@1*=E:>2A5=;A:.>AA>>B:B7>EAAC7@A3=>*+B25?9<=8>IF9'1;CCEAAED=-7=2.8A8=79:;HDA68@A;?>A@9F=85?B95@BBE6A>F==9>ECD>>9->@?:;C=8A>IHC08AC1;G>::57J@@AC,@5+;F=8BCE=A?A@=<3?3=:DF;8BCC>=?=2CF;@@-:8?I?AD@>D;3??BGE:BIFB1B>75>?B;.:0@2?;::BC9=C>6H=5;3>1DA8<@;=HA791>@=888/64B@HBGFG9?;G=@>E:2?BEA6C;@7E HFA;BG67DF=?87GCF>:>;>B@BD>9AD>G28F<;DAF@<;?:@?F=3B;?=7=.B?8E31C4B5<6AK+1:;?:??12-695EEC4A*<9BA?8=EA@B===B<8C6?@DD6:=;C>G:8:H?=:=?F@4C89<5=<<>B4@?B44A?1<81FF8>AD=42@9?70@8?4?>;C;=C==:?F5;D8=+@GA?@AH:J:4?5;A@A;;:@EBC?0:'??DB45??A;<55?GA/7;9D5CA1>>>4@;')72>9@4D7BE?>@?7;F=E5@;=2F>B<<8BH:?3;D?A5=:A83@.A0;=:?F?<@BC>@6E8;<9GBD9A@G2D2D@;=DID=A?B86E=F>?GBAA=5:A8;9.B8B77DCFFB9?C7199@4:3I?D78@CBH899@:3>=88>=;7@GBBA7B@;8H/=9>:@:C889C5<9E;7L@:3:A15$<@?GD@@BH>:D>;CAIE):EE>=;99?BE4?@=?9GBG:=@>4G?CCJ;EAC?@C?F<;D:AA=HC<0C38C>A>?@C8FB:8=13><3I:D6=?>E0G@48@5A=C@<=;GHE>9:@F?IBI@G=9:MA>A7AJC9@?4JG;4E;M@47B@>A(8>FK=J@3?B?=?FB7?@=;+6:G???=8?;FG@A3@H>:>:CAB<9/F6BBB8A4HDF?FF?1>77BA:39><>785OB=B?DBDEE>E.6>G=8><794?B=:B1GB>?B0JG@FG>;C8?>9??@-71;:>D@BCBF+CHC>MFJG;??7C>;;?@CED:1>4(><6<:=46?5?=CEGB5>;;J?C>-:IC:<3:<,G>.@8@;B;?9AED:676@DC=68=8=D:;HCA@6=@@1D1?8?E@>=D<5:@>>H:>:?9@C?>@@::.>=A>.?9BL58E0/AI.9>F;:D8C=<:=CD=JG-8;K9=@*>@=?0?E6>:CE9A>;?<>;>A>BH=2FD0G6BD:J?DA==:F?;8>C;A7;5J;@=BB7@5F994:A>:DC586<>:BD>=<<3?2HBC:D>E;8?AN-?=;6A:CBA<8@<=G6A6BA:CA8G7DD=BE;;>7I8E67@8AA9<=;@<8@@<8B?CC6<<>=A;5CA53=9G=;?7?F?;?8<6788=@79:G6-BF16EA;4;E5AD?:B.<@<>D>@1ABEC?GFBEA@?<59=????5>>C;?=<>A23A?.+C?A63D>6A38ACI6>>AE:3@;81=/%DAH5B69D?85A;65J?A??6;8A3>J?::A=C=A?=4:6:>DE>>DE;@=DI?;=@D=D:AB?C?B@=0,9D9B784FDJFD>/7>@C=E?9@876.>;@D6@>E7&?@96G>95<:?=9CJ7B+3FA:@DB@4:=F?6?9>:A;=E>?,?D>?:;C4?A=@9?0;DI;/8D6B:FEF??C9=?B9B=<:G=8::@:H.F=8A7;:E2DA=4=B9D@85<@@D@H@=>AABD;A>??E947D=?;?9;?J;A>A94>@57:7;2>B==?4D9=@CDC@=FIB?A67@G<3C@A;:9@C:G3=8@20A>87>EG96:68?GCG88?+>7<=79?>;EA;576B=@A<9/A536546;=;55A>@8CC1;7H>81-)A@CCB9:A<@D=C?;;@;57?8:81?8I:D@366CAB>AJ6B5=FD9=;1<=F>=BDB@5FBBC*=F:=:ECC91>@6I:>:A>D8E==>98;8D94B;C9C;::1=0>HBDA?E><=2CFFBF1DBD5>CC?1B48?E=9FAA8@<6;4?47>GE9C.2@C>8@B;:;B>?:9>=9?@?-93B>6?;@98I063BAB@@0D8>9B@>?:A?B6434?=<<9<;D9:F=:9@4>@@:@E>CBF07>9B<3%D79<5@B5;<7@GAD@;?<0A;>8EFA<><71?I@?49?B<:39A@,D>8?=>2/;6@:<:>.77I=658>6C>?F:EC5DF=?CECC6:F<99>B@73@:GA:A>@8G4EC89D?=:CD>@?C7:D??=999GC;=A:@;<6A4<3A>BB@E4.B??C<3=GDG:A?>B9FD4@;L=G:<3@:;AA?A2=<3@98G8A>:6:A?:D@=6:;>5:>?7B>8C=>6@=BA0DDB.DE4B>;@*5?3C9AAA1C>B7>BBBF<E8@=1?CC64E>D67E=><5?D:45G=C@;A=4;>6FGG<;05AC;8AG764?>9;=8C=>D@858>9F03JDE:C>A:;AD=@DED4<*4:AE8G78?B35DBD>79C;B?6G8@B77I:8F;EC@>IB;C9/6F5?BB3C2FEG@=>D?B=@18F5*F=:D:?7@;D:;7DF3>99@>=A58<1/><=@>6=2AKCC65>C35=6;>:6>;:53DE?HC4G<2A<4>BG>DF?7>@<9:>;C:;>H<@9AA<B6?DCC>9F=@EDDD=<=8<>4B95>D98>A?;C46AA=?6A=?>JDF?D@;4<@G=A@?5098?E33;89C4@2@D)A<6:@D>C:BCD>=EE=BD?6>.@EI=FC0D8E=E?>?@=A52B?4FG;8FCGA7D:A?;AC;?7=6=8D:CB88D4CCAI?=0:CA?6A5CEC7;;CE?;C7=>C97FB:DD=A876EC=897CC8AA8DAH4D(:FC3>9C5AD7;=B5?C:A<=><0:@@=D<;3E3AC?;C:16DC@5>CDFF?>5>=?ICE:=HC/?AF<:=9@:639F;948@C>3:>8:A1@CE9;AE;89;=44@80A5EA=FDE7=A7D=:F=9=@8A.;B97>@E>BGA;A1;<8F=53>@A6A>1=D>GNCBH@AB@@0B9C*==85CB=4;;,4GHGBA59@;B@B6:>@=*;?:?9C;C3B>;@6=<64?D?CH;I2>=BB=?>??=>=@8=:9/A;1E@@??B<7>>;3)@.23BCD+:CGA=A7>=1:<5=N+A<@C1=A@5>AB19=8;BBAI=CB>/3279D@<>@A>=8AA>5?>80=@<-A=B@>@6BDABD6C><=:H=B/:3AA8E:5>597A>0?@A8@;;A6::?IAEE@EC:EI=DE8:;H:67E=5CACB9IB898<6:;F792+C:><<8?5A99D);=A>DJA;::><7919@4;?3@?=NB<:5<489B0>K>@8<5:6IC0?;2@5.D=-<><6?C>8>49A;<9<<1?:2?@EK?7>=C@=@>?C.3=D?H<@@>64@H=A?BCDB;;>=CED4C:-?;>?8B=AC8@8AAE?@A3:F;C4=CCC>:>EF=?CB9>D@=>@ABG:7?A99@;?A=:E:=4EE7?B/AJ>==;:?;D?B>?1E=?>A:9?:B5H8=B6><=:6B8@5D69C?7?F-=<=;5<@7DF6977>;=E?3:>;8A9F98BH7;KA<<387A5>:9AA>@@DA>?@<@6C8>C7F5=HB>?B;37?<:.*>JE8G=C:@@D?B>5DCD24;<==?<4F9DAADD?=@555=;K8B>@@9A?>9=@@5E=?D8;?>?588>A/@4C@-;?G@@7?B>G734CA@<7>@F;20==5;B:?H5C=AF=>88==4AC9369>G83?8B?CHH8:;E?<<;F=IE7E8=?>G9B62=>E=F=D+B3CIBAD;@H<;>>A(DFBAC>B@>@@A<8D3BE;;G>#:=@ED@8A=?A?NCA=>4:GC>N7A/ADEAA=AG<@H7;4AAC(GE+>D??F4??EF<7=>?3AE=E9:@@AI@ABCACB=:=D2;E?<FEH:AC=<69;E=';>AA7@CA9>C?FFC>;8=1C?<<@4?B6EFE>:?>:?7A0CC?B=8B3=B?8?AB=@>?C?8,3FCEGF@3:47>F>FAAFC=GCCA;D9><745;<6;FEIFD>6?BE2D*C6;33>6;>>D=J?B=:8BCDBA7A?@6G>@0GK>=:A9;;9D>@B@>88A9DFEFFDF?B7?C@0CB@9A=H,HF3=H9?ICB@@D9FFB>ECHAEHDBC?FF?9>>G@G+46==:CD?9BF;=@AD>A;G=D7E<;DDF>;DDB9A:IBBAF:=F3HE>AC@9ADBH>?9B/>8?@=<>CBFB;;A4F?E?2A5@FB?:>6?C>=;;0B@/A=E;??B.>766A@A4=@A0>9<.7AE:F?<@:@;F=<;D<==>?/H9>5DF@?>3DA?=:BF;I?9A;5>?ECD1G1:A>@3:@@D57@;;>DD:0>0.;7BC@0E6BG5E48=D>)?6>@@39G>B=F<B8?2=E;D@:=A=JI>C7E2>6;CA;@?=D+B=>E<>ADA@E/;A?C@>?=:A8;@?@K1<8875=H:7-,G2G=C?B?;?9=7A;:-;F8@2>8ADA@/A?E@??@E;FD?;=*?;?BDFH<7:=5=;6F:@>B?6>?C669IA@@E??3;6G=:-CA8B00>=?=?;D1;C><;A=CEGF?A9?:.1B8D:GAA>D;;5IE.GD>DA.9<=5A3F>8=?AD;=@>BF6=?BI>>IB??@F=<>CD?11J42>A8E4AF:;9=5C9:C-4B=>;D;E70E:C<95??5;93<,,;15G:<:>35?@8>>;D3>B2BF/+1?3:G=9@?<58238@>D:?A60A<8C-.<4<-8:FB9:>;=>96=?<.@<9;C38@0=A66B7>:9>@>:,6CD>A8K:E9>EB89C'C8DCFA89B<78@;FAH;3>@BA:?4<;==@7@:B:<3=BF6@9BA>:EC>.4?GB@E?@CC7@>@@A4:CAJD@A95B7A?$K>AE67:E9H7D=E8=DIH>3>1@955:><@?94D;8G:?D;?=5FE>*@BDKCB92<1;C-;A89:F8DD7:1=6C2GBI785D78B@?B:@=ECDA7=58AFE=>H;A=E-E@@@EC8=BE>@GD9G@?BB8>F=B:<0CGAAAFD6EG?F@?BNAED8B@2EB?9G7AF=DF7?8EDD-B;>;96/B;CBBEA?=A@EB@FA/@A<@.EE;DCAC?>>G3EEBBBAG:9?GF?9@83F9FC-C5;@B4B:A5HEDC8;GAJEB=A?>BFF5BH;DBAD?B8=DD3@@BH;@A3<<>7:>A1?I;CFCE;??>C?>5<<<9K<:>B6@<>CJEA<40@@C=GH>;C5@:BF?B<>F8=AA*D8@BN8;CDC2:;;EC2@B@>8E@;DEC?E>E>2=/;;@>>3E9A%5CC6J:-745E@=>?G;D0989@>?D<;@H<=/A5@A>B=C<0@?E;<:>C?>99BE;9,:??5@;BBDA?BBG7>GCFDAD=E?=E,B35==HB@/<2<:1<1681>A=A4AC4:B;A2E8C2>B>51H:B@E:AB89EAA==@>7DDB>.A<696E89<@2?>>78>CC>B;A=BMCA?9=,99B>;47:FC=87>F2446B;DB;DE7D0;B9??AC@B:?A?2B=?83?1@1=AE>5;;BA:4@4GGAD:=A@?A9;9A3?D?DIC4@722=6:842D9L3-H<=><8:=E:BAL9@J1A?B?C=:CHB<5DBE:H:2>?A4?=;;HG>@=F1A9D9B13FB:;@9=7@>6B=27AE=C>;:=BE=CD<:;8@BE:?;><=>>@;=;A:@88C@A5<5B8@EAD>E9:>9;C3=;.;6:?@62C>965C<9A>=6::A?19<;68?@C;IH=3=?C5:781C?=6<=E-DC25=<5;@3=?>5046<@.,@6@4>=397BBD@D;>C<4>E5FI>5D57:49;5<69:=A46:BN5F8>>59GCAA9E??:CA=DEB6@I>:?AL9;GAC8BE?3=-D@F?<=A@CI49@@>30==@2BFA46C:=A<>;9F5D@FF98E5<>=@B3E@A<:;7?E9C??G;BDC=;B:GD79;3)9>BD:?865@==;876=;?9BI1A;8;E?/77?B/132:=;G<>=D2>=?C729661=:@63CB588AH4:E;@7:6E;::<9@@7DC?AGEFD?I8CGF,8>D><<3?>E>@=03>B6=F=EFDBC9?7:5BCD;D=F+>G7>=JBBC@B?IDE3?EDA6?9AB29GL=A@GB4CHAD>@DAAD=DA1>/EB8:?AJIH;>5?1E>>AC@;;A@>D>==?E7D12DFG9GB?E@/CCJ;AC;=BE@69:9>7A=A=A9@=<:H9DC>GG?5::??:>J9@8BF@<85BCD8?<@J?DDH4:??:<@>=E>?;@;A;:7<0(C>AGD;>E90C<4??<6/445A?A7;:621;>:A48;6087;<;<7>58?;2;9<=<6=8'E3?>C9AA45:CA@>61B>A75@76@:=7:=C8BA90@=?=,3<=>7=:3<:FD67>CDMG4C:=D@B49@C7A)A1>=:><6/<8<:1588E;BG+;>AGC;EEC3.F7@67;7B><2>8C8AB@@@G9BA?4BB?D:7=AH>D8C==?1=:/A?A;8;=6@=C18CAEDBC9C9:D67C7CC@@IB;:A8=C=?C>>C=BBD:D::<0>>@=>59B?@9>.>A<:3AD5-FD=@B3.8H<679A>?:4<4=79:BB9?.;<126D7B*I<;?48=EDB/@8>=>1>:F>=*B>6DB3>=?>E;@8=7<1>AF:A/D=@>CB4?9:?>C1E>77:>>C6@6:2?@=:?A>6C*=7?@9C<=.9>38A8#;=AFBC,C@/;>G@B3?>ED;A=E<@6>;B?E?AC60A;?BF;8<@=D4=H;A@<3<=><=C:D2@>4=7?*@@>AA;F,@7D:A<?JD9><>>8=<.?CEFA2:AJ>9A?BA9/>HI7A=GE@C,JCG93BC:=CAEE?CF@CIA5??@;;A?C9>BF97A=798A;F;:,>.?HCE62?@C>?:58E?65CGB>86;@90=>G@:<(<9B@>;888C?CFC7@C2=AA:C<;7E:88@@ACC:?BG:CAIC:C83B>E;F1?878;;9D>>C86E4B?B9=4=A?53@:E<>H8=,9@9>B=?:=B<9GG;AE4?ICE;FFD@A=@E@@E?EEADCG<=B?E==78DDDF8?:6EDCD8@>J;854>AH9@9??F;E81A;BP>?;IE7A>FD@FCC;7.@ACC@588<@?E?7C?9?@A?A1LFJ8=>?GF;F4A?B=DC=7EAA?A><8;?1:G7HE;G0GC7E7B;?EF;:0@<8C7D><8:98@@>C@:@EAA:>FAEAA>?68?>>DB8E:;=>(:E=6DB@BL@;;=JCA>A?=0>>?D@<>D=><3<=70,@E657AD;$;<=8D<6<:788A=/4?8?E;6BADA=><=??2=<;?D;=7:<B@;5>:0<=C;5;94C6E>0@19,8ED?:;7?9B:=D@3,B19E?:4>?6BB5H:669:4C@;?077D>@?2;9<>?@59?@:97CB8@6;::>D>A4?:FCCC2A@;695>-:92?AD?7C5E?7+BA>IAD=79BG<9@F=57B>F;?9@.>3>>B7BA<=A@7F@@:;>>:E:@;C<:A:C;B;=C<24=5788?:;38299DDE3;AB7I;?><6=GB9,==B;9:9?A05?=3D>9,=;AD>B@A@;D?8=F<7=<<=?>;=90A;B8>9<899#:?@8>B5A<:==<7;2D7C@:<3A>79>GC78@@=;7:;80;CC89?A>DBC:6BDB@6<@E7HD7C;@<>3:BK;D8>B3C;>D4>@D=C><>09<7CF@?865A?896*88A=E:>A<9=D;==A:9C10@:C38G6=?8@2783@:4::65@H:@40<;>8>9?;A::0;?CM;@F@B;GF>DABC9=7CAC2@?=377'4@6H@C;>6:;,91<8=;D@JHI:=E?E?9CBDC?G?8>6DB@<5;GA><86550D3?94F;<;>.?A?;3;I=:=F;;:F9ICA<>?ABA7;E;@;<99F@<=CF:HFB?;C;BCD;<4DC=>?F8?@B5EC292=@>DC?:;AB8<7==7A>=ABD;?CHB6?>DDJD?D8AFA;>1?>EE;C;@<@9:E?A?DF@>>4DFA>:@8?C::A8DGEF@AF9C=CBE=AB?:E>3B><4><>B1FD;>?;C8:6>0?>=AE/96-BK>=-8;7D<@DA?1=A6="CE9D?H;>969AA=F:=;=E;D?BD@IE77@C??5<:=7=99<4:?>>83>;?>DDA=B=<:>H0>7?=9ED65CJ?:GD>D36;;E9=@4I@3:;<;?955C3:H:C><@:DBAH8:>D5;;5ACH>02?E;F.>>C09GE@3I;B@E=;FD@D-@6C?:=?B;90=<@9B?K;@AA5F?=BA??B7;:=:8:@?@BF8=ABA857E?I59<<>2F<9<;BDI=E@C=HD?@=F7DEE=E?><=A5:I<@;?F9E>C:FF>9@=?B9E?E@?GA6C::@GBCBA:5CF@D;9(CA?6=E9>@;C;DFDE>:C;?;=@=AECC=GD;8C?F>?2@B6=>94;B@@FA<9=F263;E;8=-@J>;D<>FH@:E7>==;D;B5@@E6>CC;=?C@<4I>B=@5599BDM=D7B<=@<7EAA71=4=AA?+E99ALD8843;20DDEA?C88B9;C=@=AA=:<=>8?;)2CG;B8>9A,6>30;D<@D86=4=C70?D/@,/=0=>>4:5<@/969DB=BC5:7?I;@B69MA@<=?>161:6;2?=12=48?:59;=<0@C9:B&C?5:2E>:F@/<0/D891?546AB6A@:5?AE;9D7@7@8*8DDA4>9&>;;;3<<>?B59>0=@>9B5DA)8C8A56;CF6;878H=6E=59224B9<;6B/D;C?A@);:<=5<8JA<82F7=;;189B9<:??>5;150@6@BG>3:=>@5?>8><498'>C>D6;5?559:AB6DDA5;B;@6<8:454B>AI8<7@A9=0?<4:DB>@AA<9@D9.B8:ECEC>;F5<50B;@3@:=AF4A:>F6G?44;A585<6>)-;-73>E80:8D@9,5>B;:?+AF<<>6CC@@9@H@9/E::36:?51><33C@=@/<5B:7==3?=B9;5@75<<0<@:<+<<6=E4B@0;96@48+>85D:4>=:>F4;?:@@BA@C0CI/EE8@7;CC:F:BIB9=4;?34B7;DC8C:>9;7K:;DE=>,;9>CC7:DB?=F7G?=???2BE?=C7C?;=FECB=?B=@C>AH:CB?A=E?B<536;;FAE?BA:B9<<>;69B=>E:@D:BC8>9679B<66GD;<@:1E<0:>C>?6>8:1BC;E@E>7K189;DB668FEH8AH@9D=F>7<07;@;BC84AF7.9AEC+=?A=A1AAC0:0B5B>>;B=>9,@B/<;C9AFCBA1B69?C9FF?G:E::=DGDC>;;C=D@839F:=;HC@CAI@=?88CB7CA@C;>6@@?@,8KD79A;8<A<=C5@B=AB9?B>8<=@5EA=@@3C<9=68?8IJ9E>B5GCB=5A?JB=AD;BD=-A>>DAC=?B;@=?@CFB>,EKB>LBK;/83;>DE48B??4F<=F=6F;AE:>@=<49>0;9<27;6B@,?6@;B88A:@=1=:=53=FA<<69<=>9>?62/84>8BB>9;><>I::@>A>AF?3>?;<7?7A>@=>?695?@E63A>G0:28?EB3;1=:4>=M>ED8HM;0?:.?=@903A97A=8A:<0?:FE0A<:=?<2:@BI43C=8?2AI0:J=?5A759;?BB;9<>D8D@C<7CE@6ADI8AE=6BF6?:@AB8;869B/@=?A>1E>6>=;351?A?3ED7;?>F<>><:62@<39;:9;<22<+@>7I=9?1A/:=2543>;2=D=737:;D9;@B/95=A;E2;76;@844;86>=16::=AA3:.=;A=AC;A=<:?/A?'/:=6A:9EB8B?8: (5?8+4;H20=;?64?@>C?H32C9878D@6B76'?:+5;54@=7A0>7-7=>9809;?D59>@,?=B<=>8A@4.=E<8;:B6961.D1E??944;6;@?=@=??=92E5C:;79B@??>?:;<8D=?D73?-B?/=?17/CAI=?;@75G?DD>?6H=8;G::.?8;:80A36:A969C8:B8-<=,ACC:1>C8@A@B@-=4D43<(@7@4989=1?>6/;9<4E2:>840C4;E;9;,<.8<7==;?G.?6A9=(3&71:74=>BA2A=<;0?3B?:+69=<:);3CD8=@CG=:?:DC@F5JC@D39A?86EGB482;2B?:H>715H,2,7AA;9=;17;5C8?8>JA=/676EA,;77F4@LH@D><=;:I?D>?@4?=CC/9:E77B:/7D>;?-F8;A=3<;?,;CA)C:=3AAFA??<=7F>C98A>7B=8=93C@88DD<>=;A8;CHCB38?C5:?C8E9:<@,98A?=>5BG;BBB;??HA<=;>7;7806@6CG3@AGF:7@8:I;/;9B>7I64<:?@8)E?:>?78>7G;=?6ECC63F@<,B7>?:=@ABA4A6>;;:B;8@8BD2GB=D8H=BF=19><-=98:D9D6C<:05?8>=E;:?7)>A11GBG<69;GD8=D5->AFA9:98B;<;@7G=FD@B0F>=>0C>95:6?::DAA?CA>A?7@5=G>AJ??BA;=;B<=H=>BG<4D4@:A718GI>AG45>@GCE*495@A51=9AC47;8=D8?J4?GBDABAA:?6DA/HG=;<>;:2?B8E@C4FD996:;F@@;:<85DA;F9??CF;EA;J8FC=3FEAHH89>?B5@C@A47;B?8<==C>@D8?3FE9A:8;A8E76>G4D=8@3=4>?:A>:><@?=9<64HGG8=DA@C5F?G8ECA=BB?9@B*F2*73?A@6C69G48B>@6A779<5B;8->B6:?@B;9;J+H?4J;>:F@;>G;<<@E76:A>B@D8@80-A84>A@23==C8B65FD4<9G)D@19969>;:2J0>0>8A1259EAD?7=;6CC?A7B=B;97?;BC97@<6:9>@=D3?9>=@!9;;1<;0;B=7;/0>>8E6>=:485@9::@?&D@2:C<=B<5K=1KB6BA==?2?I>;@D>>:HAB8:9@<:=:?2:/?177@@64-9AA8@<<:0>2A:B?:663D=5?:@@<98?DI7=B?0?@/:>>47B*;>=6;5C9B<:0A;;-93=7?CBB0;;7F.1L>?J=386FEE0?7C=JDC72>8C8:884=4:477CG;?//9B:B;;<=6<6D;9<;6>D8=;ED:8%>3C?:1=AD9,;176B>>BB:?1=C?>=4;B=A?A>5@.;5C>?===65A93*@<0@7>;6?AABE0A=;:16:@9B>;90=:-F'321>:9B925;*@?B:929::F72?@==:>?:,?2B?9=;5CD>C7A538GH@>7@D>:C/;E-;;8=23?C4=5@27D7EA?BA>BE:75=<8JAHF/D1?;>1?/B=B?D@8A==B<67995A868@?;HACC8FA@LG>>A8G:A==D<@@7@==@861?ADF?;34<-6B??@9<;;E:7CAC8=@8-7?:A>8>;><84:>>463:6>A8>0B??8<5:F@B7;;?D8BEDCAF->:95F9?<-C:;@=CC;<4D;B:J,?2F9.F9<;G;:F7?>D@AG5>9A;B54;7?1E?@7BA10A2=GDC=@<;FD>?<0?B9E;63C;;9C85?==ADA3@=BA?9>AAA@./CA6F>:.:4CC;9;<9?F?0CDKBE88CG41A61:<=;H1:>A69EBB5C'BC.?98AB?H5:C?H5;:=8C<'=ED6>D99CI7/?@CI9=/?B=3A2C=9:>D8AA8=4;>:@9B4C>5E>?CB68:=C<9<:DD@B9=96GB,@?,6AD?8BE=)C@4C?>97<:G?E?AAAD==>9A:==A2BF8>8CDI@2>IF#F?:8D2AJ<@F=;88@8=85C:<>9FD/8C=18;?<>63>=2?/AI??@CCA38>B86FC?5?BB><=@HCA=A8'7*D=D>4C=;7FCA98D;AH7AB:8=?7AHIJ5;B2:1FD?7<;GB;:@?::0B<93>9?9>;;:F?9@@A959;*63;69<5=@B2;>@=?A5C>DGEC1BGAB@3=>796><8ECA?60C998@8D0E3;B:A=1==??E8A;835;D5AB:A@AH85E@8:6C5@9AJ27F89A98@>B837=47:6C=@0HFJDH6@BB><>@:9>C<586?=42DD;FB,>27@===DBB?.:C66-?:9589F4?C9?::A1:F>=8C:BAA>67B@?8=@A@5;AD&A5?<:57;A:89;A??5<,8<6;7BFEE5A?:9>B5:>(;:>?<=:<@9A;54D40>=;9<:B/98H5DJB:;<<==?EC9@A85ED8;6D;B@67<=>?A,7@=B=6@5:<@B>>=:@-;G:@15BE4D:CA>2@8I8;@?9;=>=197,=>9CC,?8..?6;.BA,?0?5H:==G<=:C?7BB1A;6?J78EE?88C?/C9EFDG5;>F7:A@98=81D?EB70>J;AAFAD=D3;>;;6DE>B/8,8=;>5=:C699D@F:<3=:A?0?14<=9D48B?:C;:=BDD;B@8GB9C8@H@C1:F:A-C6<-B;.AE@BB@E:>E>89<@I@7BD<<8=@D?=@??<0<:>;EMD<8E>B659A.A48D:=3E?4;EB==?0=A?;BB>>?BAE9C@6C9=<<.B4=EGDB:<9A6?@BB?BC@8AB@><==D?2C;:>=?<=9@>:9A@::3B=>B=ACA88B/:9<>7F@5@FI2A<@A<8??B<<7A==;8=C?8D8@B;F<;8@8?5@:?8F@6>9>D=:F?4<36;A?7;A=B@@?C;@:D0099=/D>@=>99;A:>=/B?@@9;<@4F=JC@=A4>5?E=9D8<46C@>?7?=G4>B6;?B=:76<6;C;B7CC>/77:=?8;5/BA@A@GC?A;;9A==@>=416?@:C;=5>=B459=:?@@E?9@@H5D31ED>:9A>>879;A:C=C=AD4EAF,AC9D=?>A=?7D@7;@@?B:9HA6C:47>:4FB?5D=D:?6B=C<0=>?B8=AAC:@;?3<@B@=?G3BA:@9GB:BD99D8B?7AIGC??9@==E;A8:8>;@>D?<@<>C;A&=EGD>9A99?AEDD9DE?>C;A?><;.8<9=CCAA97EBBAA?EDHC=5<<3@?=B:9CC:5@1CCCA69:AAB;C?B?=2C:D7AA=7AAEA@5C=>FC7=4@F@7>C9>931?CEG<7C98<=AG=5A;AGCH<CBA=D>A:3?C?C:7AFBA5A=A;@?;?<8A@BD9;B;>7E8C0=A@>>@C>@A9=;5D4><57DB1CAE,@558?;H5.C?9=:C9347B;@B8A3;CG=4CF:1>>;<@5E>;@C?9@?67@;9D>G?1B=B7D@;A6D@@;?D<<93A6@>@.?A9=D7E=DI;A?4?>A>;?<5;A@A<;?9<>:<6E4B>:89CF?AG;=/:C;@=@=AF;F<9??DF7C;;7B>4@6=8<<;FA8=<;4=?0E?@2;G>68;8@E4>CL:>+@E55C<7>;6BC>8=E?<2D?@F5@EA?@A>H:@;AE5)<8E8@6=A;A410A67G?J>;;BD;C>EDDE@FD;9B7<>40AA@B8CC7@AID@BBE@G;BE08@9>A7=>6>@>:?359=:5@<4;=999B8:B,:+=?4;===609;?>C8-*9B;8>?F:7:7@D?:CG@<<E@>DE5C8<5A<@?==?7D9:?=C?A9:DBC>@99A@B84%8F?6B@::7FJ2==@8<<:;@E=B=D5:FA<@6D>AC8H9=@<9>?6F996?;;5?=EF8>968?AA=-::9:>5BG7EF<9777CA2?6A?HFB=8E;;C?>=?67;:@38;>7;A;2@?6DC<7A=/6A8??>.AD>>>=4@>=>.47@EG?D99;?A9=@9@6B?;98;@?4>G>J@DF?B>I?@@@@;:<<;@8?C?>:7;@@?=A78FB?AA>9<<16B;><>DBH7CEC2L6?;@?B>6?B79B.43CBH0DG1MJ88H>@@;47>;;4;EDACE<@8C6CD1@;<14>C*<@G93=7E>C?56F;=@C=A;78A6>,>:A;G@7?F?38;G@:A>EBC4ED8B41C:;;80I;G6<;<=?>;>68?;9>;<=D?<>?A8;<A@@AC?=7=2A>>A9<<:27B7>3B;B?F=::7=?<7BDB>>6CB9E@BH;F=B:DC?=9?:>;8=9@?9F<2?C8@@D8'B7GB6><@ED7;:C6ID9B<8A6A@?@E<4A?<9G<9;:B49@C<:<7A5?AE5:9C9;AGB6FE7AD?B4=D?EDMEAC4H;*B@EC!BDD;>?37*E1@GC5?:D>A>HD>?B<4DC=K==;:6BA9+=4>?=B7==3>A=5A8AA99C?AHD8AH>0G=DAA<8E@<7B*CB;0AF<;7>=>7GIB4J>7?C5,:&@E8/30F?(B3;=A;8B;>:>6BL:>AJDAAF=);>A>@;>;A9AD@9AB2;6<;?7AD?3A>:D<=?D>?:@?CC?@@;9==A>=>E2F@DD=E956>EG?@@B9A;9D?I;:>EFCE<;@.AH=:H6F8FD7@C?;=DC8A796G5EI;?A;8>:G5;G5>L95;=?==8A;3:;310@?J<>@=70::K,?HA@=D6@>=/?B@43<6:>ABC749>>D>:;GJB<1>:@A:5A/1D;.@F4->?>FA?:E?%93K5@II>@B6B=>H59=<-:AA@FC0@CC799>E:F@C@3GG9&;8H8>>FB;B>:G:=7AA97J0G9G29>7>?>@A=05>2365D7>69::C?29;76;=3@>F7%A/89?<@3>29C92D3A@79;394=@F;A@;6B>4>>4CA?=09=GAE<:E>D;6@B>:AB=>=<;4<=9<49?D8BA>:0>@2D>6A<4>I=A;;H49+6>A;ADF@A<1F;:;;?D@=<=C?84A@BAD:<:@9>;C>B2@H@GF@<:F?A>=3E==<:8F??94>66@=DC:?C6A4,>8@;;6D?6A2@A;@;5@,E6EB902-6B=?=>55EACA9B:9:E46<@AE5;8=;BB907C7>B=@>?=?/AB)8:8A5=62??D68FG?4D46H=7B:6@5DB7>8:@2.7A=6@9@4<<@9:B@;E9:C<=G@A<;;,@>=@DFDAIDAH;49>F4>?@D8IB>A=>@;@@8=7BG<>C@;B8@8A=H:5GA>>C6H>;>D<4@=>;5@8@D>C7F>84>C:=CA7<9;=?L=?5B>@AB20C@@;A2C:@6E<:7F8@?6;:?A7>8FICD?=/;::B=)B4A7=?6B?C>JB<==DA9F@CE;2>=D;@::16A36<39B4?=?E?D>C;96?B;30;F@7C?6D4A=><10=<<>H<;?C;?EEGA:?@>;C*7>E574579?9:A>@@@48<;:9;;4@=93D6;437?EA6FB@@76;C79=?<7?8BA?=@@=CAA@=?@@95I:BE;;B;9A<>CBE@<98C78=DB;:AA8A9FB:=M>?9E@64<3BAHE>D>CA@BF6CD8D7DC7;>JB>*=:B?;8?BMHF6AA;0B>;G818C:<@E388I?E>C:6@>E59B8<5;:6@C85=@78<93E<=DC.A?=8A>7:B8A:2:8H993AF@@90'2;CKC?63<+;<:2?>@4=A=?A8A><4D?0CA>?>=FE@GCBG=6;;AE>=;@=C:@:9?;D;;;@>5?@>C0B=,K8?;DE:I9B:7>82A8:=@>8@2:?G5B67:8>7>>@A?>9>C7:?34-O=@@==A==<9D?64B:@8?G:8@:<68AC3?:12AAE?>H6?6=HCA=CI2?@H@=AFNFE=F<>:9>=-;7>;GC@@FA@GB@@J7=B:;B?C6E@:FA=A=/B@BEB998?=>D@>2:E8A:2=9H@59?=@@BBA@@D<5D79;?=4:FA5B=5CD5B8?=;B7<:=?59??-9<=F?A?@7@=><2>>2=;E;;:??E>::@/1<>BE=?BA<78?=>DCH97@BA>C9<<9?=DB=,=C9<<9;D8871AD<8==298F7<8BB95B9>8:4?>>1<>;:@C>CG5C9C>=@+ECF<59G<;8:7?=?8B??8BA@=)>;BED96F=;G/@9;@@>=4;>9329.;ID$>@<9;@D><.24CBAI=7C8/9.4>9<>93<88=<;=0=FE9?>4;:B9D:=:;@@<>@8<9;DEDGD14A@<:?AGGF@A4ED6D9B?=D?D?E>8-9@<@<:B=5E468F<9@9>:;5D;2<9;:96>E@B6@;96=DF;;C9DA<@EAD9=:?96=?><<:>AGBI=9>@D@@;@:?7<;3::EE:?>;E4>5?69@?@C8BA843:@H@@;:9>8<9=?@9=>F9?FBB:@C2=?B@<<@?9<<9:E9B8DD=6C6<>@A<>>G@GA>A@6<->E<&6:0@B>C;6,@A@=E9@=5=C;3<>B>8A6=JDCC6A9:?5AFBC):;8B?@B<7=?:>;CN>@-G8A<9:DCG7<49?DGHD?FE<@;IE>56@F6B3G9F@?BBE9DC=49C:D?39G8D?H;C1A427?A3;=;=<1BA?>=J9A>@4GB@>@C?@;5G6?@CF@3>:8537@2F36>>EC@70?27EAD6/2G@>5>54?9>DC=8:69A9HC>AF6?9A3:DJA6<>8FEC@@9:GG?@9?>D8F4@?ABH?DB:B@D@9?A@8=?AB4<<36E/462;?*C=B1>0>?:>>@A6;?=;,@=5DAC??:DBAB5@4EB><9?BG;?H54<>5=B:6@F=F8@IC@>CA4198@DE0@D>@=@6D?GCA>E<1A;=<3>?A>8BC>B==8C7E8>G3=@5G?9>:>>DC@D?@:?E=<@@:D<69=>7EB:@=;=EE=24<9=D>>??J;B78C785I=8FB>DE=?@9<77>JCEH=HBDFB88HD:GBI@=@C86:>C@C@@BAF?H>>6A:0:AB9?A>=@A6:87>2AAE9?7D>4>"=@B2=/66D153;C:E;B@EE;783E>5<>BE99@B=>CCB@7<@GB58CBH&87@A9>DE@D65F2B>6=>>;8K<8@>C?>=;?31@>#CA;?AB7A7@D=6@36;??@@::4A=H2G;D@39BF9@2:BD=?BA?>7:3BF=:@?9?2@D==<@E6D5GA<@@@,>,;=3?7<:1A@>F?G0=E597G==79@??6A@A66A>:F@>;?C658>:9B;>B7?>@A@D7G<@>7FA:8;HE<7;7@F>,CC6,<@?K-/AB63>;>4=A:=9@B:C=GA6:?:B9@@@=7FD@@;A:<;?<>E;8HA?C28H8A?E@C9==>CG5FB8==:@3C;F6JBD;==@A:8D9G:CG5F=:A?<<>K95?=2A:C?>/8E8>?CEE?A7?JAAD?B1;:GC>HC=8E<;?<:;H?=:>;@CAE.C@DCEJO=?<;G=D>?AF>=F?17<;F87B69><@C69BI88BA=:C@A:B;D@A2B3BB?@G==A?ED@;D<8>@?BB???FB???8D:BA;=@;>EAA@8DAF9B@E7D;C>;4>B8=;C=BC?)6D7@@7B>9D=D>@<:BD3?>?C;9A=<;@A<=CED36A@@F<>7>;@D=56;@BFK;??@F@@8F@?E>CAI?@=>=87718E9B7E5E?=FG;A@C9ED@>@AA@=>7@@:BG@8?EJ:EAFB::C:3<@K==4C=CBI@;6AB=D?=AF=FA@::>?@>??@7?:J5DFCE@>F;>A<@8E;A+6:=8:9E9A?@:?;A66?;B7E>7?*D@;+<=?=@8$;94DA=:?>@>ABBC5EE?@E79<864;44?8?@BB1I097:5>>;>9,<4->@::DC>F4F=;DCA06?;BF3;@=??C8BA:==ABAB5A?=C?B1E-3?=>?=B9;;=996;2=7?8?C;@=@<5:.?BC?F;>=BA3CBA@@>>A6@A4D9?==@?9;@<;B@@>9A?AE@AB?7A3GHHA;*A@81:A:<@@D76;:3+:=9=?=C;7:@?@A>3AECA/CC1C<98E7EE=>;95D>:CB99163@?=HD9?36?78C8;><<6B9B>=AC;;C<8>BG0'@BB/><<8;?3>67B<62>:;G?3>2;G5@H@>9=@*>B63DD@<9<;=EAD-A>G7;5G3D>0EB>7F8EB99B=A?;E@.=E;===BD889D;D;;04F=A4=BA99<3ABD88=@7D1B8JAA1?3G=>8=;>7E==7:?5;F>.D8:G?8<3F>/<@>A4:D>839@C=G94@@9C>6B@@JB6:D@'<.07@?>@>6B5B4=4;@DD@CBC:;AE:B1?:DB@==?6C,/99;??@=D=E:9@<4;D;E>3E;8@?9B==>D6==9:C=AD:HC344C;;A;4>B6C9@>:3FB;HD>B@?CEG0:79:DBDC(G=>A+;<=?7>7AB>+=:5?=@?;DB60?C4CC;CCNA65>;CFC@>C;?>A<;GAEE.=:9@?B=>?:E;BHB=DC?:G@E@=1A>?FDB:=?C?CDC@9;C>3FG8F>KEA8BKCBE89:@<@E9/?96I:CB@8;B?=794C1;BCCG0?E?75G9>>4==C>3A9:5DA;7>D7<6DC5@:E=A:@9B6:@@15D35-:A?A;69>F>9A?D:=A?C<==:BDEG2789:@C=DCH25CH:?=C=<:<=F<0E=6;5?D=D77BAG8CE@?BCH?;:F@AB=J>>9>@D:CGBAKA59?<;;?C?8+F82I6A=:0?C:@GA=>AA?=@94@@4C??@=;>=C=75E@@GD?43@@@47BC>K;@=@?>GFAADB87:K@8:<78??7:/:F;@A<D2<<<6B0><7@A<6C<>@7:DB;::4?;;@=@>?L?5E@959/=?.4@<78+=?75>6=:AGK5F?;A8:7D@->A9?<;@:@?GEA4.A9EF:I7;BA@=>8D9@B;ABAC@;=?A9:398>B;<9*9DC?89B==1>?=D@><2<@;BD>:=@DG;>C4>9@=E8AB4>=CAA6GE4<=A9C;=79EBA=696DEAE4.HA;FBB15FEG;A=@<6?D<>=B=D>0E>7BE>DE4<9A;3=?5-=>2>@==99C7DFD/8??ACC=;L?399H>D?@D+AA4<1>:G96G994C?C:=FEE:C7:DE:>=A9C7B?;8@;84:AE=?<71B6BG5DF@@2G@F9C@>DD8C@E:A@<5A=?BA;6@A:A2D7B>?AD8B;J-7B?JFKGFJ2FDDG?F0GD8<9CGC=GCC6<8<>?9C3;5-;A1=>3E89ACEGBB?H3@>=:A=:C7>?:@G@CB?F:>7==;=CHA89:8E9?BBCD4=;-8=2>D=@=CB==5IE@><4:6B:>>D<6F<64AD@5?BCBC?9>B>AB:@:>B99BA>?=@=>A5/G9:I9372781FI6;7A3;>&5?:8.:@>.@?C/>;=<5>6:E<<>A=;8?D1B@>>B5?C=:A9EE=E<B8BA:@>?A6<>73:B9=G@DCAF>C;D>D??=;9:?1=>7D8E6<9D>C?:?5@=E?B9A<;GC@=B>;?E4C2H;0>:B<>>@B<>C>,B<56>-F8CCD3:DGL@C>@3.H@=I?E:C@<:A:AD9GFH@HH@;A;,B@BAAC?=ID:>E><=:@>@G3D3@@I;=?<:@;B0F?;C?CA9B;?E;E@9B7>==B;?@<.@@EF6;4<;A9B?CBAEA::BFH29CB=D:>>?2>*?<@@EDJ<@A=C:>6H>=FC9AD>JDAAF8<=8C8D?C?A@D>;;@-.<;:;;@=BBB7:D<@:;A<>E49B?B?CD66D?9F:?F?)@?:=?;F425A?<;0<@<=4D@;E=;266I=:3?4<==:@B@J98<;A@DCD1>?<8=7A=<:@@@B)CB<:FC@DH;@?@H;CE9HC<<:8>=8E<>EE1;;@:>B=??AAG8@@??8AE6?BAB7?9=+EBB5BA1D;=;,:?D@B=I@>:;A=FC:AF7CEA:?;/:>89<>AD=7??@8=>8?B58?>I9C@@>=3FGA::I>E=?.CA?<>DB?<==B6D13AA=.78=/?B?7<@=<:DBD8>6:>E3G@=@;>FB@>?/9:2=9AA?5I?=<:>CB7?5;A;C:@C9::>>7C9,E96C9A0>71CBA<;9@7.:=>:@B:=ADB<:CB?:@J>B8A<=;7C=DD9FA;3EDC>B9'=A?7@4D@I@E9BC<:4<:C9BA:?===ACCD,>CB>>AD?=ECC@??(:69(=8H98>5D'34AC>D=<8B@;C=3@=8A6BAABHB=A=@?5B6@;9;=6?7=86@E=9B;C9@FB=8CEC>::?B8=:?<F>)E>?A=>>?B>?=G>AD<@E@=?D9B?B?19:@=D2A;@A2=A:D?DAFBCB5L;A??;A<FJ<7=1@8D2<.A<:A5D?:AAC5?<@CFCA?9==F:?9??4?G@8?>>E9*CAE;CC@4>FC@?G=9:D9>@C4>ADA=:38;:45E;G?A@9:9H@2F@:A;A6@@;?5?>9?I;;H<7H>@AG>?>KBE>:;ICGE5=;C:9:?:B@@9?1090==D=>B80>=B66B<@A=F;@=B4@8A;@779A=:@9F7>=;>-=8:=9@==?@>:>5C<<<<<:H.8B=AA8C6@>G<6F=?@::C=>A8DE=>;E?;:7;C:BA-3@?;<:@B;JE;:D<4=B4?F>G@;C55CGB>=@>@AC?>?AEC<9@==;6>;=?E6;:B?C9@D>8,:G8@HJ<>I2@@:=?@F>B?5@A@3AEBE>A:A;B<6B;E73=?=K)@9I<9:IGE?HA?A9?>>>AJ?A?>:@;B>ACE>CAGA>;PH9J9<>A>7FB:F=CB<=IBEI?AO;C?F?H;@@?>H??<8B@7@8;E=AI7BE?EDE:F:B8?FD?8=ACBAC?A@4C=C:=@2JAB?B<9:=CA74GE=>7@CAK?CA8>F-<+CBB:AB+J:;><=G3D=9@7@:>=B?@A9<@?;C9@/D@=7>=GA?88A?5:>CD:;<<9.A=@>3@96@2CFB@:7,<=<5A<>F=C9B?;5G=A4@9>@E@?:C6B;C9C=B=:@??:B;8?FFI.F@HCAB6CB:E>C=B:=<>>>ACDA@BGH@DC<=>EG:4AD@9:?DCD=5@C@ACG25C9BB8;BL2>2AF:>5A:;=<>H@@?>4GBD:0@A=C=9A:?:C;<:@?;A>5=CCD;,E;B76>>D5@=@:<;@3=C?=@75=D=?CA>?6ABA+F;;;>E5@=C=:>EC;9@7=<@=BC48?@7?AF;9=9;0:?6:A7=?>?>A@D92;;:9G>?ED>=B<9C;24;==@<;+@:@I7872C=16A>D?092C6<>KD;9;>0@;@=?8>4E?C8=G<:D:A>9C5<7?;7C::@;BB@?@@E@5>:9@;9A<47:B@A:G;7@=8H>><=>B=@F<=/;-F==86<6BA=7K?B><==:9:M18ADBD=A76<>><3E8;;DF7==>/E8<@@98K:KA@:;?D==HD:>>7@FB5A=::@AFF=/FD@@87A@@>2D>8DB8C8GF7=7E?>:B;B8;3@E?B8@>E@B=<BBAC@A?E09@@>>@@:GF<-=6@8?:AD<@>.=FB6GC98HBR:FA13:3K>;C:?:397F<>>??C>:C4C=;:57A3A=@E>9JC:4>7BC;?:9?<<9DBAA=5@==E:B@??7>A<;FE8=A8;F>>8;;C6CE=?B:A:B=@2I;?D0B=C;E<;?>E>@F;A@F?A@:A=E?25>?D>9;E;>><9>AH8A24B<=:;:<9;9:;9:?93H;F@A@CD=A@A>-C8BAC2D?=1>*A?B?0C>8=G.@B<=AB=7/>DCD?@?@DDEA2=ED<.;>=;==2?D?>ED@;D<=?8->@FD?C@???>FB=9F>AH?B3?EB?13@B?>>=HE;;@B8A8@E74>:B69<09;;@D<6;E;C=C@8=4.AF:9EB>?>DC@FBDC?>6DFH?F?D<9BA7C<78=6C;F55@?A@E:?JAC;=B?:8;@>?D?>ECG>D>D,B5=?>;C@?F<F@F>=@:4>H@?@G?;CA;@AAC=93FA?>F@;5B?.>8?BF=:A>D7=@B@5;7A6;>;<9=G@:A@@B>;/@>ABEE=8>@GB;C5=7;5;G8GA>A:?===B@2.D7FD>BB@;5;?9GADC=D=@@<A;?>D7BI:;CC46=A>A/7@?->BDH>A;A:B@JE7>IBJ8:8;K>@6198A9=A?E?=EH>:@B<@EFF8989=9B<;@A2B6=;>9ED6-F9E><:FA?;;:C9;?;;5:;<;A:F==@=@:@E1/:?6A6D?57C2=;D7@D=>@@EF5DB/>G6AB>FG8=B>E8E9@9A,6>AG?8??47A>99:7AB8E;B:<>9F;;ACE;?@<;E=;B<=?EAAB@DC<=?DD>EB6CB4;D96>53@CA8B>G9@91C=CG<>BD:C??9DGE>7D.C<:>4<@E=9;;@B/3=BC<7I?CD8EF9<8A62E8@?E?C9BH8A?4/7;:AF:7GC;;8=@;C:B>CA5A47=,@CB;39ABD;CF?>JA?B?C?+:1CE@>;J@AE?C*D<:8:>=?7@D>1B5>=?:=9@9;GE:C=/8>5@=6=5BB:?<4>@>==A@0?:>B8@8;99>CBAH6CDC9C3A:;FG:@:HD6A8@>:A;=;9<8@CA;>>=4?@@@@??DB?6>=?=:=:@77@==H:D9=3CB;8:?ED=<5>>H=7><:F:39?=8I@GD::45D?8F4?;BD;>5BF:;;@>@FEADD:7<17;?==4>8G:AF;BA97?AD?<;B2C528@9=>BA@?2B@?;><?:?CC>ID2??D4;>@@99A5A>98=<<@C>@K;@@FE:<4B;J:>@B?:GF=?;;B@@A5G9D?@GDA>=B?CBIDI?CCDH@9B?:?-D8@H=88B?==?=B@GEEC7GA:=@FB?7=-??AB>?%<=A;5=;C@A=CGB;>@-ACA=CCB>617?DG@=A@>AEF7A?C9>BA;A==3DBE;?=3A0A?>@;@G@@A@I38=B<=C6@E66<=?7?;CAB:34<:;9:D:E=C8A5E5>HFC@<>;4>;9?C?.9-H=@>?1?@D=72A019>>6JCECB;E5F@?A?8=B>EGF>@>CB>@@<>C;I2@3BE3779<0>?>E<8B.,6=F=7:I@B:>@;:C<:=?@2>A@;:D9@/>7?54B>CH;A;<:DD=DA=DF@A:@2C=>8A8;D>=:94D>B?2:@9;=@526CC07;<><+>G>=;@:<8>@:;;@@C3@EC@G;=F:0==@;4;@5C>>CH9C?=C?A18GBF;=>C<<9DB?A,8;5:A3B4>:D4<87;::C==ECC/@CB578@=8=;>?5DGA;@2<*<3C@@A)A:8927<>E:>67;AG;>4@@@;FABB,;7I67966>==C+>B:C7<@?H:7CC@F@78@8H?>8>A8;:BA395@4DDBC@@C>;4BD??C@6<7;4H8EC@8?A?;69@>:8=A0E9<>B84=C@+7:8?>5G8CC4EC==:8@@@@6?::>D@@68IA;?/?D.B35@?G>@DB2;:C>;9A538<;8:2A-8>9/>>?@BE7?;,9?;9B;<@?BCE:C@;?@H61?9B:BAA:@87??=:7>B=8D0;=AB7>:,=99<86AB;A,9CC9CADE7907HBCDF.BF9-A9;@AEAE>=D?FDDH8FC:?E;@=F7?=;=DB82G9;5:?E;DD3C5<+5:;6?>@5>6:09>C8:?66:>1=9=B3E::<:C>@=<@D:C;:G+C6<5@4<<5?9=<9=8E;BA49/<746:D?>?.=@D>3=B;?D>?A>AB8@E>?;?7>7>J@=BCA1@>2K0E??<@/28=:=@B@CHAE8>9@6@BG>>?0DG5BAB=A@CICDF?GB=C=FC>8C;>CF9@;@E7????F86;>B@=5*F=7=>8B?B?;B=?7:FB>C>=B>IA>7&ECC2;9E@9=H47A>?>FA>F<@>B<5<12A>=>BA6198;@DFI<8=>>D<@<>?FG'6=71<)7;>D>?F<6A=/DACB;>D<=?7?H;A<47DA>H@:B@E::8B@>BCBA<;=D3A>;?@8:H7=F7&@E@>@D7AG;;?2(96?798A:=BD;61:537<<:9E<?9:@60<>0>16;,;A??@;DA1<0CB;A@:8B;DD/AAC=<@?=52;=9:G4@AFB7?IFG2EE?C7;F>:?7<9G==?GJ<<8AE?B=B==B;@7@>25E;68:=C3FC7;DCC;5B@<9H<=C21E08@6A=6>>8.@=ECF>:@1B>@C=<==;EB<=CDACB3BB@17?<=D>BB5<<=2F77CG9H7@=A8=B;2=:?ADB8=;A?AF.<7<<D8=8B:6<6;D=E>C;CE>==C07:>;;=:7<3;1G>79;DC>?B=<=581>:>BD3;=9>9;7?F02@=:B??>?79CE6<7EB>ABBA(BB863<94?:4<>CC<;>9D2;:3?=B>B?@2?A@9FCA@>1>91D0:67>?=@><,39E@=?EE9=/<95751>>DB7?78>>9E;F:0B>;8-:D7F@?-=@:::F;:;7>:9=><9;FD7=;?A;7D=A8@G,E@A5.2>C@::3A29D=?9,@:>;:4==;BF;F@2?==EA9=;:<:F<>8F85D>><87E9;964@B6<6G??:??>96=D6>3GDA>A?BFIK57B?<@68;G7@AD:@5BB@<76AA9:J@A8CB977;9>=;A?EG@@=>=H5E>CB958=GDA9=C9AB39096@CCH@>B>9CG=<;:2G<>?@;F9:=?-8;:A;@DA=A@?I>E@=9E.DH;57@9?;=I38A2>6MC;9>A=<97?BE=;/BB>?BG@@7:@A<87=0A5::>F7=B;?@?A84C8:<5AA=B93:CD7<4@?.=04@93E@:4@6C><:<;E>@?;4?=EL?85<=ED;??;;?J==9AE;GD89CFD>B0C;8>FD;7:JHDEI@=4D0?96@6;AHFG?CBA:<;>DAE>?E4H>>BB:B;EE@@9C><8C;6D78D:>@>:B3A>:-E7F??B?B?@>8@?B:?;9?;F>>6C=>E=BA=B5?A::A@D7C4GD=>6:BBD9@B<=4?E9A:6I.6EFE@E8:>F=<@JAA@<5=8@:=6;K79AA>G>1=>99?:?=;?;?9A=AB9F1=>E:<8=@;>6C>E:4:@9EGG=?J>@IAA:/;???D;H?B;9A>A.)7?DC96?8B49B>?>BA>;<9@*@,CCBB8<9<6<=5?@=5<89<4@82/@1A986==@2@<>C961>E5>AE8@>@FA,7;5=;A/<8=@A?D.4D40C;5=8>?=DF7=BD@-95<=C4E=<<9:IA1@;@;E@D?DD:B??8CCD<@9@:?C;98AFC4D=5C=79-C6:@CHCA>??@D<:4@FB>GABA88AD>8BC;:68;=;<=7962=D??>A97D@?/9<;?9976@9>5<:>BE5??@4D@:/??@B5C9?929?:6<93CD,>=B:B@A55CA:D78FCC<9@;7C<6;>B@?A7AB1;48@C7A92B:/:??99>D9?6F?=:F4:BC5@6=?=7=F4%.D<757<:89>;//FABC;8:7=@@C8;2;8;>:2D2<9;:;9=<::;C?ABC5?;=;A4A>53>ID4;>?F@<>E::;A;;G?=5BC7A?AC:7;B=6@@C@@DC=DA@F=A>G>:1C?B@8F=D66>8;<<98=I::C>>FFF@);CFG@==CA=B:A@=7CL8=>>DC>6>55B?6?D@E9C>=8=?D:5<9CCCA===E7;99D;18=@:49E8:B>>DB>:CD.@A?>>>8.<3:BC70C7D,;=.4H7J?<:D@@:<6:?FDE<67A@E4C@I0;2D8>:A6=:;A:59C:@?-46BKB=D9A@=><>;><43?E7E<<;@@F9@27:-@=@9C6@>@:E<6=:@93:F;:?D4AD@>?C?I@9=:D@;D:5?F3>=?5>==CC4B47@=E>8C0AEGCA8BFFD?EBDE;DDF,498E>>7G8AC?4:G>BA9B:@0G;;CBC@<47E@>DD?.7;2:4<2A9<3>N=72:9D4@;?97;?DB57*0>=:@;278F@A,>LAB;9A=16=4=G;:GAC5=D=;=87@:?A>7ED@E=GDCC>?9AH?C8GFC)==BB>=CFG6;>C6@FE::;@=7@8<:>:D?A?>DCBEDC=D6FA6DHAB@A4CB>?D@HDC4H?7LGA379EC8=FA;B>A/:N3?3;@:EG>BDBGEE?@=:@<9?<7826;A4@B>@=<>?K@C>:DA8?0>C:73>=9>7J@@<;>FA@DCB2CD4>41:>5D<==;?GC5<@77?0=?=0@=CC:9F-=D7E6;;=<@;D;CC::E3>A2G4B7=-8D=D9=DBBA@<=C@;;;==E=8;<;>;?:;,>@:9G-==>F@=?F<:;D7.9;,7@:@:A?@<5:>BD4D1FFD1?I@=6D>=A:9C7;=;@DBB>=:E<>B@?5?B@><8A<7C@934A@B>1B387DC-45:6A43F:>C5:;=<:<9?B?<4G?<8F?9AB==AD;HBC::>;@F;1H@33G>F=H?G%CAH;BE?FGCCG?,B?2BB0J<<@<55>D@:BAAAE@9;@B;A6AD;?8;;>C>A3=E8A:<9388D@;@@>F>;M98<1<=9@@B;C?F@@8DHB<4:AG=>?=><<9?CE8?;>BAB=F?9CC;A>::B-876<@:A<;@:5C4=F;8E9FB:;=79:A3>B==BG;58>BC7;9A==I7DCA?>?88@CC=6;4=?8=A8;=C?=:;==E9A=9B=@/=7B36@:5;FD<=56;D44B@89=796=D?<=9GDC6>7H9<@G;968=6=6@69:@7ADA:A8A<>28E6>B;1DB:9=I>29C?>AC=K6@FCA,D4?8E8;2>97<-?@>BC:<;@CFH3<2-@B:>>3A7A9A=9)F49C5B7=J=B01>7C@1>=G*A?94C:?A<@.F)?6<8F15D7BC$?=89:7DCB?FBC9AA>E9?C<;==H=F>>6I>E4D8C>4C?>=?FE??9;F@:=<55B>?FD9F;9::?<%:?@=?G>>E<;B@9?7=9AE.;CC=7A.DA;F68>??:DH?D5=B?>>==?8@6>:=99:CAB>A9C::9:??9?;EEB9<G1?C7G?=@7?>A3B=>BCC7'=ABD=B:;87H:>A:E>@::CA6BB4A2C>4=/B;:-BG:A:C:,DDBKIEH7A?3@:C=C?EHAG:FE3E><>?B9?C::B75765;@945A::?@=<CAH7AA<>@DF?G@:9?GF=94:=@79=><>DE>39?F?=BG=.2>6G64D3@D?:>H;?B=BGE>?@:C>==>BI/;BB:=BE=B>1C1B;2B;67C;G=6BA;@C?H97DBE<,CCA?CE<9@=5E:EC7@?A4<8@A:CBC?8ECC@E9C@=A3=BABD:6@C??I=8LDG57H=;;@AB;8?HAC28)(DA?@F=CA@@C199/C>==C@5<5@BB=6>GDD@;DE;BA9;;:4GA>F:AK8<>@C=MD<=A?@6@?CC469:@;B;<>3@G8;;=AAA;<9A?=;@5B>=@7@86>:4::>=><>@E>=;*;C08AE2<9=;<;=B3E@=7@6@8E>J?>??4>D?D@4::3AEB2B>H?@A9B+@?2;A?D>D3F9?C>@E=C;?:6C@C5>797DG><94D?>7=6BAB6<5?@@A;?(1F>>.AC?8B:5:D76:935=?7881AA4840988=?D;A>9;BE=EAA4<7@HC6C?@>DJB@;:DA3?=??@/9FEB7:D<.5@8=2:G:A;@=7?:5;5>F9B@99?8@56@=?@8=:H9<<=B849BA>D4H?F>7AI>>F9F5E09A?BA<8CKE?:IB<5E?;>>E=B@AB7A?E<4@A;=<><=BC;?6?5@===;?DH@??=9D2I=@AE:D?C1<=>9?B36C0/+CA@5>?AA59;AB;;7<>4D6G@;@9@;<=A;78@:8F=2;5B?8/;>=D=BE3:9;1CDI78D;4:810B>;C>>=A?3E69@@8DGCB@8@D>B=<9ALC=@2AC+:;8EA?CD=><9;K/D?4C?>;DC/DD6/AO@D74+=@G7AB9;;=BCB8?048?52CD==7>?A=>@9?;B=;C6DE8<>2<6>:B=8ED4:B=@LB:DCE3>A#CC6-?7<>C7.?@C@5A?88A>5=9?,&;2496;CF4:7.:*@>B??=D0BF<7=?=B4C:@E=G?FFCE=@GA2CB?;7=?=C@?29>;?;BC;D?C9C3D9@>2G<<<>>;BBBCJ5;@BFB76K9<3?5=A;8>:66;?0C<%HFB:@G;G@C>??B;D36:?;IAG=:>@DJ9AH=?@1>7?=>7>=B@BC?8E==@:96F.:B9CBC?F@;45=??A3=9D@A=>=:@O5DE6GG;D@EEA@KAD>C=A=I:5@?>FK:9<:75787ADC=9?6=D88AE?@?@EA947B9A9BF@CA?947@CA:;9;A:?DC<<=>K2;=33==7:6:9AB;D=6:E=E654@<@C=:F=0G?AE>3AAB9169?F@3>DAFBB@93FAB:=8D39H;1;:,45E;B;;>?B>I;84ABB:B<;:F@3=CF93A969@DB9@?DJCB@:@/=E9@67<=?F9<<<5<<1,>E(:>D848A=<:9FAA;9=<:>:96AB;6;98B=8DBGA06AB=D6>EA>5B6?8);8;/;?7D>FAAD/F77=;B>G@8D>G?8>><9??>;:@EAB7EE9G@7=8HB=DCC@HA?862MF=BCE>H@8;B@D>A>3B9>;@@;GD>AC@:=7C978=;BAF?CBC>??9CG?>G5E@@3I?>9@ABB9:8GHKBCDAFABA;86>8DFAB=ADA;?9=5><1AB;=GEF@?=BACG)@9;>B<5D?G4KD:3BBABB3:?FC76@2C<=A,2;6@29<;>F7=?B>-;?294898=?;-@G69B>A@<;<9A=>BD@C@5C1;:CED@?B<<8@=AA4EA4;H;06>=E97H@+BDD<C<;CDDC0B5C?;@>9D<8@C=B=@C9DAC:A<4;;:>C?0?7>?A=?BC?BCF>@>;,>/C?;=4E:567=?@FD:7@>@4>DEA:>B9<7BGAE=@A;>C<>4GH>6EE>8;LB862ECJ;CCF;A@7?A86CE7=3=C>:>D?=><=D9<>=DAI<6BA?7A;:7><7;9D=B1497F?@D79=98?@35@6H;=7:<=/5?3D>E?9@?::A@?C292>AAC:8BFA9?H:DDE;;?<5;6;+6:=:;AB>;0@DA<:FD9?@-<<>=8?5A>:3=?;=7C>8+A-H?<;.>=B:M?A3=<0.?9=A9@+D1@9DCB4AB9AA9@<@??<@?B/9>26==FF?=>A?=ED>>B90;>?E;26=>CC=7=99<69>?4>75<69A@?:@FB4G=9;C09FB>>99CBB9:@BB3?EC7;5F;BBBA3GC=:HDFA@@<;>A=4B@??9=;6??=<,8@;>7DC?DE@9<85F:=9C7==B6:BG3/??>A>83C5G9>D2A<9=/3B8>>H<5?8B;?9@J?G>H;<;9;>BAD:;=CB@7>D>:C-?;G9=D=-5=A44@:=:7>A0>=AD:7,@;DB8@CA4D?B=99@;>EAA:@0BGEB@8B?>,6=8@@A9AC5=HF>=>:367D>=;:4;@@=>A>.?99BB<>H2<;9MB>774;868=DC?>;A5J?>E7<>=6A@>@34?@F;>>=13?:2>>'>@>6A>=.?@I61-CCB;B18/?2A9>=43>E?IB;7F=>E.@;.>C9?D67DB=F==H9A/;A?9==F;<<@??EC1958C,?=A?@9>A=EA?>:;9>;407>7?:?B467;>59D:>B;F?=;>CJ4@B><=.AA:F=>@AD>@@>B:@@E?BB9?A>BEBF=CI54DE?;CK@==AEE=A;AHCHAA>;EC3BE8G>?@CGFD:7F?;<.5BBI=65H9A8A:F@=DH??F6>C8@A;0=F=DA8D7=>EB?@D;C?>;:>5<<6:;9I.-;@J9GCA7=6?/55,6/-5?@A@<;;=:<@?=?CACHB>96-20:?9>+A8>2B6;;>6;><8?47=E@C><@AEDF(/;0J=A98=9@:@>E?BG<><7AAC=@B@=@:?:F7GFK1:D1F9@?C@7=G&=9B;B;@?;2B:DG98A=F@@9@<2>>=?D8;8;CA9>8E?A>,H@=A>@>A6C>6@2AEFB;A@855DEFFA;<8F;<<8?@BD;60AA;:BD@?><:??7?@?CA;A:DC>D11;0B9?AH<@D;?=;??9?;?:FE>D@E91>?97B=8BAA:IB;A?A<68:>5>1;/@:7A=9@B?8C3>9D>?CD6AF@F<5?94<99@0=AB2=CAE:<387?:B7CBAA@<8=A284E;85AC>@8B0=<==F>>+=28?B>D<9@8D9>B>:=BCJ<:?B@5=A>C=2>@?7@2A=?:98=?=@/8A=;)?AE029380B03F>865>D9;:5DC <58B85:2A=>B?:<8@5=F;6A9H7@3C@=7>E>?@:4A=:A7=B>AE0>E7;A8?;;1B=D=@@77C;A5?B@A9;AAF;B7/BCA<;47=:8?B:B2EDAAE/A??DF>=@D>?C==G<8;F599H<9:>9D:=<->9:39D=DD::@8B6@C>>3?C@*I4:?8=.?BGB;CA?2>F9@C?7C>;E>;D=/@CA59B?9@:A928A1@)@>8FJ3B:E<=<=F;=D77&J;GB=><9BG:7<8=@?@=2=BFFC??-@<1D<@>;HB==7@A@B2?A7C>AC;=DE=2:;A<@DG5:A9D7E@A@B@8C@C==B>J6;/>;8:?;2HD@;AC=A;:'?0A;:?7E;@:69E@G?CA5G??C<@=?5?:<97B8:44@H6?;==7?=9>DA9?5C?;F9C>;AI6<>@4A?:G??B7.?C45<=2AB=CE@:;C/A56=?2=<1B5C6=>A>A>E7EBA@E;1@D>;;8=A8?D/E;9?:EC9??E=>;B@C=OHC@CDB>78??EH8@B:G?==-;>JDA>@DA7A4>;A<0DA<@B?G?@=7DICE;BCDE?CB??2?D??BAGAB<@;=:7A>@8=3?B;8:>C:@/;=?2;6?;HA:=E%6A3A67B9;9:@?@5A<68J;FA?;>?J;=;;9:D<=3FB2?::FC<=;@A4;B9@8B8;84>:BABF<;GC?AC@@?=@978>E7?C=AE=<:A>@;=>1CAD@C?>5B:4<>74:A99I;GD4=H>?498=/6@<>B35C*66;<@B1CD;@D3CE;4?@DH,=8CF@?E;9A9>C?@@=AIK?E94CA?<:3<>HIGB<>C:><<E8:;>@6D;B@@F2,D>=@7B8.AC?1AEC>75;9>B3;63@EC8A<4@;=59=49:BE7:F;D>@8B8?;A>A9/=;<@6<;>A:<;HA=<7F=?:@77?4-7;E>A0D?B4B*?BI;:A;GD@C3A;:BIB@3@?D:8=;A;2==53?=AJ;8DA4;85ACAD<;F86CI=,@39C91>1IE=25<:=<:88890AGE5>:<7>@<;BA3DA>=;=EA67@A6>H::5;;><@E35>;5>C45,?>:=>@@>7=86D98H<99F@A@EC6?1??B83=@G?F=?B9@77@CGGDM:2>9>AH7>=B5:@B;A5B=8;@FB<;0@?@C?BBC<03B@=>5>7?<;E=D=:<@C239AEA=3>?>>2G;=BA9<1>.>@<=99>8?DC;?D>A:9FC=@8=8::=@9BCE<61@6F5=84D:BJ3)A>>H=:H>=A,=-B@9>@J>6=G:C7C9?A@@=>?@CC9@@:H=57=3;CBD::>A?E@=E=>:6?;BBC6546FJ?AB;8F@;?@/D>A=>;?>=?76>@BKAG3D9-L>>?EG>D8B>3@EI<8B9B=<44=D:99@F>@A?F<>9A546BCA>?=?H69C=???=BAC;A989?D<4@=?7>F:1<7B<98B@;8;>?==DC:@5>9>==C;?E08?;AE6?BD>A@694B@>>7?2AE@0>A9C>B@?58D5:<=+E>?@?=:D>>B<:D@5G<4>:1A7D?3=?@9;DBB>A:7AAA@E>?2A<8994=3D;@1:?E<:>;<>@BBABH@E:FCBDF=A;:6E9?E8=F:E:A=B7?EE?DAH@77EBF?+5?C399=?F;C@=0?A>CF?B@>@F=CD;DC8F@B8C7AGE6HB3>=D@FF:C>B+EB;?:C98E:@:8>C>8<9E=:9>=>=:?9=<;>>8=D@@D><>D;3AHC@;E?9;A=DBIB;@;8-;E?=<8-:@B61=16C=AEB>@0==?;@=@89A8G7;A/+LBDHA?B6B<>3@HKC:D9->4=2@3=<067E85@AB@7K@B<<8?38-?:A7>4A96DDB8CA@:EGB=?=G;<>3>8<69@31=DD=@BF@<>5749BF<=C7@8:;;J>?E??@E<A==;?9<>>A9F9CAAH0?E@@@B0:A@?<89=DF>J:@5?A1B=2>C@D::<0C>>CE<;?;4AACA>=H8D=><4>A4B50<<2=A23?A8HA<7<3F<::;>BE8413??==?@0>AD8;=6A:/;@B;@D?:EAF;19BA:B:=:6D>@C41D=77AB<4;2C@2:>=;<;:AA7:@?9;<4?6C7@8;CB:::@C.8<><@5;??./:B25@:7;.=AG:5?D?=7;8E?<(2J7>7;@@?"@BBAC:=:?:<6<6>C:4B?72;A?=5@5=92<:5CA1B:J>E>=?1?D6;9<53<0:?@?/8>?;;4.>2C?:=B9>6&:CA<8C>98:@@E:6B3@??ABFA1A=D82,9576::B@?8B69<3A6-2?3C?4H=D,6:670?=MB?D@;:=3&513>:=-E.8:9769CA5,?:CB>A=>7=2,D;4H@-C:=::6@7DE<8F<<>E9D@6C8A7C04IE>8EA33B5E?;;??D<>@7>9=87;:FC>G9FCI;A:>CD9A=:@CE(@H9F<=A77>PFM-H7:?8G)AA@D=F<:@@<6=>B>9A@?B:2*4A0F?A@CF>E<>@::9@@?2;83=/?:AI648EA<:?>8/D;F=;=@?F@=>@DAC6BA:A88=?@=.FG=AA??4?DDB916@=?9B:B=A4D>A7B55@7DH?D9?7@:;3>1HB7>:<9CA@9;>;==BB7@3:CAEA<8?6F7:@B>=C>C=:B@1FF7<6=;=>8>=5=H=9>7F@E@911E=E;D=?:?AB69??>9>8B:<=A<9=EA=D6<9A4>:;G<@5:<:=@E?;=E;?:A<8>A;:20B:9>99D*=EH=A4A>9@DH:@D;E7E>@=<<@9@B?A'GGFAAEDB=7B;?@=D@DA<2;G@@@G=-@CD:92>=;;EBC6C9;B@?;9ABDFE<=F<@BI>DA@>40=24@C9=:GCI;=89C>F><:L<>G@@<=GC:>E;<6>C8BB:A;;BB9ECA<>@:;;C8=60DC:@G<9C:A<@:3>8?=CD@?>?B.A=A438C4475D=>FC?B;@>5;?+>>@:>=9=C9:CFE9>7A8;D:;?2)@@BA:D;E:A=BB;8@=AA@9>E55BEDH>A8?C;>@BBGCC?:?99?CC:C7?<@>8?<>GCB=8==F9I@<@@>AJ2@8>7>59@F@;>B<=78<<>EDC:?7=CA?H=G:4,>A@C9D:AB=A?<7:A@9;A8CE;<>@>A=?@@875@0;0BBH:E8CB<=<3>>,C:>=:818A>?@>;;/>>8<;=BK;?91;GF:+94D8D1+75@?7=@9FBG4@@9?>)GAB5A87@80D?7:D9??:<<8B<@B?47:?5@4:.4=B45=99:8@8AB@<5A/E9?A94A<@J98>>3<7:=;DB59;:06;49G@=/@B@5=B7;29@;=<8A?4@H9@4G?>=:>E>7=BA4:;;<47>/5FDC=55J7B>>A6.E9<88:9;@;8:775>=A>DD8;;A@G>=@D5;@C;;:8?;E@;E?7==C<==6=7:D6B;FB>6-+497C>>F<2<::><@7>:3>;B?;;6<>3K16C9FBA8?99?=@@==@@J9?G=7?6A>A=E=HBB;2;.A.:9?63EC@?@D4:>B@?87@=D9C8F??DCD/AG??D???DAACC<3@7A>;9=182?D-FG;G15<:C96D@B7CC=E@3>;C/D;:=4@?=:78A>?C6:CE0:B3F;CC@5:BB8?/7AEAA<<60@;B:?BD>;=4A=H7?==?7CA?4<;;@8D9ABF8=KA7@/::;=72A>>C;=>@9?=08?6:<9GD:E@:6HABB<92;B?A;7A6<4;;?F;:@<==6B?D@:<9<>8:F@D7C=FF?1B?@EE<B?*/C?A<@8E<>>=>E5B>;@/FB@<:?A:6?;EHEC<5;:8?B@>C?EFBC>8=?AA>38;=;E@=:;CA@C6:ADFI26FA%@B:ACAF;ACB4>D9=<>/36??DD:=A@BBB=?B?/FABG?8H79@;<>6C=B=<:?B@4D<>?>BJB2==?<@>=G:A2C>A8B4:9<3=C@ADH?5;C>DED;@B=EC;7D;@@?@@E>@EB5<>=<>HA=D:E;E=EGD?I99A@=AB99>==AA=5D7@FA?612AG8??<*C?5D?C?B?9B3@5?ACB>EA/BA@=B6<09@4??769@;M<=A:>IBFGB<1BB38@9@G?:C:-BA<@>EBAA9A?;?>I8;<=4CA>FGC=668C3/<9B?7?=9;2=A<1B0;<>=5;GB5:9@>-9=:9<54@>43;<4>;;-<0:A+@<7>BD88:0@A?=7;B(<5=7A-<1?0;DE>D2BBD;78A;;5C?G8;>AGEA<=?0C>B>N?:??D;78A>94:AB?F@=5=>:A07<6C<9=H;1;B@5A?-D=32FE><=84;8E-6;:C0?<;<@C??>;4A>9>B9?A8B@<989F:A-@=<>C=>=2C0><8E6@4;3:D5E-<:62:?FAC?A4E==:C>29A=@:=??.=>=>9:=;BH/@A<=E48B03:8AH0B?9C<8?@;?>8=8E7A7GD?D?8:;?;E0@;J9A>B:@:CB=?9<2B=8:??5A:1AG3?37>8EB3ADE;?8??B;BA69?;>@D?;2<7;G@B9<;=J>=>;G:E@CF9C8>:?@7C?AABDA=>B;:A@:AH<98?;BB4:=:4AB6CB?A>>=@/<==8B?ID?@.G@D;>>D;C94F:=@?>=:A;92==C7:E=E<:A:/=9ECC?CG<2>:?F>>:4G4997@E?B6?C66E9>G>?F0@D3CB:2?CA@NB7@B?8@A3?<<9CA49CAC?G7B=7?>=2==H5;=A8B:E3B88@5B;@CIF:DBBD;.;AB=@@=A6D:>BE?3E7=;G:@?=@AA0;9@B;EB>C*<B192:H.>M:EH?3EA9A>9=7C;DG>??GA<<4C@5.=5EC<5@BB=D5:57O:?9+>FC>34@>=?8=@2==B>@@C6:>?2D8;B?AC99?3?@7H:@9>H9@5<:@>4:8>7/C18BE><:?AB?D>:<;A?A:B>?DC=?:DDD75AB=@B7?<;D:<62I@;F?C=86FC>+I0;B=E>=>=5A?5:DB9F79D>@?.=&3B:?D55I97@'??A8>#J8>?<<=:@@96:;@:DG7>D@;C<:F5A3>?D7:@B>H.<>>;AF:6E=CE@5ABB?;=;D=AAA8E@JC9@D=>:B@=MGPB=@DC@7@=B;>B8?<=C85FDGF9;G6C7<-CD@FBC=B=<3@<;;@<724C7B1@;=>98>;B>:=8A@B>?1B=E99:70J89:<>FCCD9:9/;8@<=5C==F?A:D:D5D@=3A??E:>?.;6=;3FC@E:<>C36<6G5?=H976=E9A@FB=F*5@DB>5;+72F4G8==;>92A5D9B<>;8AI8AA68=<7<;4?B@5:C81BFE9A@<;8C78;CA?<;<>5;BB?AC;:>;:E6B:HIEG>@<6<@6,2==@0@0C?D?+=<1:;6=70<8?9AA=8A@;=:4>C>A?=C159E;AE=0=7=F?5;8AE596?0D?>G7A;?;EF<>:?=?>A<=2>?@=FF6;IH@@E<@<67-B55=5C:56=474=CA?C798>;;7=66@(8:.8D=?A>::70ECC9>3:BCB<9>@76-;=AF7C:1;C0=I>?>?:G80FB=C4<6C6>C7;;;>?C36@A9CD>D4G=CF>.?G<3G@=?3FLC;;E?B?FGG75@AG2DEI==3CDF<=C(:>9:FD;929?B>C:BFA8>8C:?>88AGC>>B:6A9C80CA+DE9EFAEH:5A=HCD;::A8I=?9D7;(0;A2;7;95A;5?E?>8GC@C>:=>>;;6M2:;J7=H3C=:<=5;8?D>6@@<8:=A>98:6CA;@CF=3C@6;FD>A?9?FF7K9B<:;=9=:C@G@6=G9F<;94<>@5>B?>@B:=<>3;A9><:<5A:8G>?DB0?8>?;?/>DF24??:::9FAC4B<<8B@CB2HDB=B=E@9GH<<48@:HD=/:?>9@??3>DB>6?=<<<@:<;;BC19F7@766:=EDC>?==0827;58<478?8B@@C;A5@0BA==<@(=?E@>=@95C98><9;;AB9I9=7@EB;59:?97:>8<2CH7?GE=@G@DBE>@D5>C@?D?A;@C77AI876><DC==A97=?=,H78>@:8>F<81@A687AF8:?8A>CDA:E>D6JH?:=B7D=>5:==:@CA7F:?1>K6DC?86;99FO18@?=>>D.E7AD2;DD@6B@7?>+A>@=A@/5>;@1>?0?:C65C?8<88E::D2=>=5DCA<>=2B>CA@:C5D?8:10@44@?CB'?@;ABCC;=AC79C<3?F?::=B2F4;4<;?CCL6DC9>DBC@7A>C>B<@DB:<DGFBB>2CAL;G8ICECAC?H;C:48:<=6@8<=:E>A?DBA>5?B@>6;>3@A9??@A3=@<;>A8@7@A8;?0?;:94C78<5+2A60I:7F->6DCHCD@A/@>>;F?9F57:/=E8=?66A6ADA>?/GE@>B9>KBAEEC8B@8AGC:B?@A4;<@G@CC>1=>7=F9;FD>?EB?8?A7B?>3;EB9C=E=;8?BGA>=?:8=B@C79B6B7>8D>>/HI@>B.=;7A6>?=@:AC?GEHDAG?I:07?A4:<>C;0BA9=5AG:A>C:A;?H=B98E7B<<7<<;>;B:86>G;?A@;5A56>>9<;?B?@>C53B=??A8>::>==GJA>4D::B3;.5???>:969;6H:=:;3><8?-9@DAAFF8>A2C>JC9?B>37E>6D==?8:=.C?;DC;;7E8:FADB5@E>9E=E5=>B6D=?CF?A&.B:D;4?@@?8=@:=A38;?=@E<7B==>?AC98=A8F9A;??=F@>?:;<7@=473><@C=@9AD<:;>;FEE@:?B6:<<>E;@C94?)DCA=)<:0AFBBD@A4E7E7>7=E=:FD;==D4=C9:BA@CCD?4@GBB;HB91L@F6>;E;39?5.BB?GC1=A3==D>AA9>>AE;BC<=8@;C:2<4;:A?58?:@A>@F6AI@B==@;8@6@@9B?9A?<;KD@C7D9DA=>=F<8DCC?=4C71HA@9?:DBA?:A<:8>C<5>==-3<=<8>AAAB9:391>=;B5(7/7>7><;::?)@>>6C9?<:2;;:.=:A2I?5A825B5EC<2@FE6:A<1DBADB5?:?F?>B@>CA0D?=7<1;AEEH2>D?DB<;B@DD64BCBAA+A<;J96BC3?@<-5@=??6?A@>AB?C=?A@:;>>6?:FDCB9;@CA9=<@>6D@?3AF>@G@>>?>=AC@@;3D902@>>B=A@;AD>7AAI@1BC7B>1<>1E6FDC9;;:B91?:=B=<;9@;;A8HB=3CH8?;@8<?==F:E926C:9G=>>HE8753:9=<9C<979G7>@.=D4>86@D/DG@;=G9?=B;2'D@=G=3C8AA=H@A7@<>C:E=70A?68A=@GE1<3E<75::@:;=B?EB=BB:=D1>A6>:==H;??9MA;==89?:8=:37:7;?9A:583>@,;?9B;9:=@==;1C7B0DF<=CC.;C8H=;@<:6C><5G4@>6?4?D>4A-6B>B<7?D<:7:>@AE>>61D2A>1EAC;EA;:5@<5C;;;?6>6>;?BC?E-G3B8>A=:D>8:B@=>@?875=9E<96C89=@?<=0@>69;?<4A?-?:C?E?>;:E:D>;<@1A3:>?E;F9BCA;A95DB4<;FG5BD@98@?>BC4:6?2C8;F8<3?DB=:58CA9>?D:6B:B<<7>C4=BF:H@<=@=H99:=0:M8?@B@A;-96?BA9DF/9:?E@>2=@A?9980;B:69>D;D>169BB9>:?>::A9A;99B:>8@9C5./>@;A.?0B:86:;/88D>;D.@=4+G>K6<-5CEC91;DG8B?;?C9:50M;G8?E94A@?>B8E5?A=09:8@?=/9>A6=3C6BD?<@2H9@=E68<9<=@C!8424>7B3:BB;1AA?7??7HC=C=:AG?A:?FD9BC==@=?B8B0?6?@8<7DE:A;?C6@:?=>D@A>2<98CA@=8F=7=:@G7A>B>A>@8>>?F=@6>:B>?AA@Q?9FBDDA?3BFH=B>AG@<@:@D<8;E?><7D8HB@@>7<,@8HF>,:<853E@96?FF:317@:A=>C==598?,)=.;9%:D&2A;6BB?-:E8?I+8?1@E5>66?@/<@@C=<=>488@89GCHF=@BL<4>DBH@?G?<>D::B;AD:D6;A.GG6-BA9IC?8@:EH?38D+@@:=D?E?C8<7>H;;@?17E:@:D155@=?DCB,>FG?B=AJBC@/L@.@=:;7>;6019?5A?E;/HF67A3<JEMB?>=?;C05@B>GC9A:=E<7JD8=;8@9H@A<@C@=ACC>AB5DB7A>=D5@E7)@<>@C4?F:D>>A=><>91A)@=A:B?>>3C7J;7=;8E6A;@GH;BE:E<38AB,4A;19C,HC4>AHH7?:BC:9=;=BD=>1<7E53F=GB>6A@>D=?EA=D7<@>:K@8E3@:>F;A9@@>B@=C8A>9B?B<;?>=7>256?;>?5E?;@F?1>@9B<9F6B5GC>@4>?@:68=EA:9C>;9>B?=?:835;9B;G>C71>99>:??C=EA:A=>1?/3EEA8:?;<:5?@7;6:>@:F<8C+9=7>=DA:69>;=<=;A5>9D>G@8B9@@>C>DF7A-=8558>.;@A=H@B@A?=<:57;<-E>;8B/<:AACC-=>=5998D;=E<::A<@==?6C@BA:<=AAE388>>B???9;B:9><0:,,KB;?.@,8C?CB883=>7/<<;BE6879@?8@=:?>A??C1?H0:@2;=:.?:B>>A54??@9;74?8;=9A4=AA6?A?:@:?8;?6;42>@>9?=:??B;BA=;>>:A@A<@==@A>73788A;>A=7<<:H:GE9FA@;=5=5;E0H@<8?@C9BBF@<:F<@B6;8B4G:4?9@19<:ED4@5==E;A<3?1?>8ABB.<+8C/69C9=A=97=?=C@@59;79<8A?:AD4B>8,;E6@7:=E5==9BECD@79CB@.?C0=<7<3C@?@>?;?6;;:;>@5>19@7><=3;@C2=CDG?8AF?9?4=7J;8?A@6EC?>@>G:4BEBC:CB>0@>7<>>6'7E?;L?B@B?4<:BD>;3B469A?===;@*?>=5A;G;9A?A73:;9<9>B2AE3AF=7;DCIC8C=65=3S58ABE9A;?0;/8/B48AC?>?=D:B=C7@3=:<>32>E:;@:<;>B:=>9?==56@;CF668>D<*??>C.<=>=>CC>C=>4AD8>6@@;>37:A4>:>1?@5<8C::<:BCB:2=@=GG39@C@E/6>HD@5=8E;121>7:@=3<=?>;=3>;I?A86A=DA?;<9=@O??6B:<>0A*6<=A@B<=6;A2=@2>24=>;=:8:D8<0D=A/;DB:2@B@<8J/=2?5B:@,E@<;6;C6D?>C3F5==?>1<@=9=C99?89>>DLG7AA7G?>=D>>@A=CB5??678:@AG;E:>>E>56=4:AE?BD;8;AB@??9DF9@78CFA84D@>B53F:<9CA8KC2&7:=C6A/?C9=4>6BA?;>DC846B=8@D7>BA2/BB<=;5A<:>EA<6.;5=2D3:9FA@5B:A:@8A@=:19;BD>4>B=B:G6<3C7B>9*A=<==7G:@:>5=7DE9A@=<>@9B@>6??AD63@<>8;J=<5@4/BG7><FB=A;J@;>:DD9?=D@;G>.@,::FK9:CA7:=3><1;:037C3CC56?G?=-4?427@<4D9>>6%@03B<65?63BF9CB>79@B9?9?:<>;:B<:/?8=@$<=>7>AE/5G@>9<=6A=F5@EB6@<><9=D@D3B>:B)A/DK67=E>>?AC<@CD44H:,??D@BF108??9B6G@A;<1HAG:/A88?.79@<0387/>DC2D:<=<71+>@$>?EACF8@C:*>33AC7?A?G57=?;;5;:A>D@>@;65?7;BD/B8C=;?=FC5=9AA:/A=?;:?=F>@9>99.:81F:A81;;@:0A9G*D7;JF;C6C9DEF<@ABD@<@:EGGG:C??B98ED=F1AB,A>?3B>>7??EJA95>CE5B3<=A>>/?99F8;B::=?:E/:-?7@8>AHB/5DA;A:BA?><=EFB;8>>D=DH;>>>:?:7,<@FA=8>C3D65:@@A<@0AA;=;=<=;>9?A?;69:C@;>BC/9@6.DF;>;8B19988FAB>81B0=7A7D9512J?5:9CB::><=FHC@A7B<3;E<9?<7D>?@<7?G7CCB.4=>=::A>A9>97?8@4;@;;;HC?:7>?DF@>BB:?@9;@4?@JC@>>>==71AF7<<8?<<:>9E:&91B872887?7A9E@A>,F:=8=5?5F510;H=28=>:3<9>CI6(>3A7E*;C#;<>.;9:@388;E5:;DA:>9(D>DC>980-5,>A;A>5B89*3>=62:>6><<6:A9?D?A4:D77>C8C.?G?>9GD7=E6:@?D>8BA5@6;6EC7.G3=B>DG03B5A873@>?B5,8D<98=>>@;9,;89;B9JEACB5A?:9C>A=I>?6+9J<==>;9CC;3;?=>72F>B@@?92=?1C46:?A9?B@;>;1:E>@?BB<49=?9E@=EDBA9B=:?@??AC=8E=C;;<9>+9C8:F9>D;:DDEC?@F<;AC?@<;BB;AC86<<(=B>8CBF;F?:B>C9?BC>:BED@?>?=CE1G3<=D7FA=:09@C>??F2=D<@;E:;8B??>:A;><5A?CG3@ACC><;@CB>78/?;>?9C2C69A9=<@8?;LB*?3F1=C3A?,HED>@&7B88=95996A7:5=<4?=1@CC<:3;D:?E1>@:?AAA;9F6?=?9;8;6@J4?E9FEA0==:=@:=?<@/G:46A=CCC06:>;=BA2>@;3;IAEFBEDAA?56C>ABAA7?CBA-2A@3=78AB@?7;>@@==@C:?;;76?C>D5>8;?:.>5<2C88G@DDBIC@8;C?<@4<3<:=GE7:2A>A=975=:/?E747>A7A:H6FD3C?D9=@J@58;E)2@B@/F99A:@:9B?C:B=@?GCC6<5A?9>B:;>@2E@>95G;E@B=;;=@@BB=C?CCC0A<@A:B?;D>?F?3AGA2B4>7H13=86BJ=>>=+@=;F@A1A9:?:@:F=D<@E:G99;69D<7B9B7D0@A;:5:-?8@:BI5@??EC-;08:;<=DDB=?;>=E<==92>A7E@01@;4E8@=5F567C7B;587;;B@9E?=6:BA/;:@7;2=FA>B;AB5H@7?BADBB:AFB;7?D5<3<@:A98;>:=@@ADHA<:D?7;4;?:?8E8>F-??4>A>>8LB8A7?;9@>;GB=@GEA;:>:C@F3C?>;:=?;<:@B77=7985;;3>G?E1@8F>@A87B;>24E@?(;G>>/8F6DEA?@@=5:=E1:9;@?EB1C6B5?D9?:A>9>><::@<8694:3<59;<:H>;69I8;B3>@B5@=;C7@9G?>?I8>=BA><;9:<:=5;79><6:C@;>;BC7BBC<9:=63?>:E??;96?:=C@D4878F3@KB?<:=1A65C6>E=B85E81JA@:BE@;H=D6@7F;@GE=J;B0:@>0;EAE@ED?7>4GE><G;190+F2D@7?AA9<8@8A?9D;808=84D8<0>??>A6=:2CB45:A>59??D9>9E;BBAB>9;<>=7<<5CFDA-BA;9A)CKB:F3:A63>469@<@EH>6E=J:==CG?@?C:43G=?3<8A2AD>/@@<680;/FC@?CB:=A@3B<;569?>C;@?6B5BC>>B<9<7:>A1E:==9<9;46:9>>HCA==1>4E;B>1A5A;A9>?6=E@34@F>;I==999;A8C9<0DEAI>458A:>?H?A6A03=A<>BC8769:C<=8:;EC<8?C?8:1B;:8C:7?84<==8?6/;/DFB>52@;8;&9B?8>>>>GAAAD956B3@;9<9;F78=2B=5FA4:6>66C<=1<7/=987CA>?4CF;E99A7A=>3)<@A0?<:=D78<=:8:?:;7<:6>F<;C@DF2DA;B?A7EA7<=9C;9L;F::9@=2;>FB:2E6@62<<9<=6=:C7FF79BO<@9A@@6<;B8C7=>@4;:BG7C396:>5:?6E?/A9?7CD:AA57>68:677A9@F9BA?=CE7A:/;,A;9:8B575:8@3=<7D:?76=A<@B=8DB;2C658@1CG@1FD@2;D=;?9;C>=4=CC<=A::49987@;91.7?>>9=:5>E/C?8<8E9?,@2.36<@H9;B=2:B?9.<60CH@=D:76:>>@44E?;M=;5=?7DD>.G@7>@ACE(B=@E)5?;/=<@BD9A8;>8@><=596+>F9?<9>F>;C?+<9>@73:,:1:B79<=;1A3:A?;@A=?89??E7;@58DFE67A@:D?.4:>>5GEB6>E<=@8/DAD/A6:98>D>D57DHHEBBA=4@C8G9C9E8A@D@=91<8D9@5@E5C=C5CCI6BB858D+A7E2=C6B>5/;<@;<:/B28@697=<:?K?@>;@6GB;3<9>0E=D8E*38@A99-:9<0=<>15?=<895:;?5>E>9;A?@95H>==?@7?56GF>=;E<0;5C?9A?0A><5:5>?@645B9;H-8C79@D@:@?A;6>7E;=>69=CE6?H@@<7=C6;87@AC2;;9A>7<2B:7=>:;5>6=D7=>44G:/:7H>9A;;;?.9AAB<8A?39E7?/=9:8@F9;;GB>;%:B4FCB@A9<4@;BA6?@?@7FAB?2D:AAD>@A>=C@<8D9?M;::45?=/897;8H:?99A:@7:7A;8?5>6HB7><11@?7@@>@7=>:8@;K?:8>7AD<7>>8>.9?A9=;<9;=<;A7<=@B7?>A3<887<99D>BDAE8?;9=-A?4>=C=HC7A7@;G>@AB82IA9=,B>>D?@@E>.8?3G;43@>G*>C?=>AB@9DO@0B;48;B<=@>BCE<>>@3F@2A>B-1C;:<6F5<9???E<=5B4=B@;:A;=7>C>96D>=0;@>9:>8:=:B1=<>23?7CD6;84+<*/76C8=C1C:>;DD;@D84?;26A6ECB?54A?AEA97?62G;EE3A9C;=?@E;:C>>9=4;CD?7<5>6:C8<=C@=/@H>@>86:>=?4>)9D:=C7>9:C@>>D=CB/@F7B01;B7?@9/A2B=>=6@+=1E>;@2=2B>?75;8:C><<8=8G;;0@9C=5C?;665>5?@A8=>0>4>=73=588F28,7/4=B>==::BA=<;<>:B@@A8?A7D>8E.97G7?5D:+@AB?/A?0F=:8::9=9A0:E8=::C6=9@721/@BFC@7==CJ;;AFE5I=6B9D=7E8958@I:9D8291B>;=<8C<;;@AFGA2A894?E/DH8@?=6@2:3A=4;.:8=>8;-8C;?8>B:,66=?=+;-?93<>B>B2895>;3;A@J;8>/;;-5:<9DC:BCD=E8@<;1?>A99:696;?ABC>58J@E?F@46390;<75@:I@@3+5CA50CA;B?B:9@ED=>4<90.B>9@5FG@A@AB1<5>>EEA=A=D@:3B><:;A<;B2@=2:4<54>G?D9=>@@7A:A9;J-9D9>>B<<;8:?=@>E<<8E/:B>>:BD87>A8<>A?469->?<@7>;?8:8=A8=<,3:@@<7GC=F8A84::C89;;@03493@;8@4CDH@8A9D<<8?<49=B>71@?>DE3=-:=>A0<5GC>>=B=F<4:?>6>G>@>68>?=A:D;AA3?>?D<8>8@@@:89@8AB8.:5>9AA?>B=:0=D@96C7C4>>?7FA88?;9GA?5@H6?>=B:B9@8B@C>>7=?D429B?6A7367A>BA<=85>7;6D9A=8C=>1AF==7A0@5?D8:>4=?BA;>@=>8;<9;>4::>9984;7=466@66E@I;>?@<5C2A=>@9<-<5>A06AB;@87B(>BD2IB=C:=B>>E><<8>A>==5:?:H4*<4;5@0B=E;52<67C1>B92=<2:77:=AE;CC2B08;8;>BJA>>3=C=A>99AC?:>?@><8=?7@7A;;@4?3:9?-0E8??9D;;<=@8@2>1=6B??0FD=9>.;<;B<5@7D<-@DDECA.6B098?A;BAB<:;@@D;AC=DB:;65?6>@8>D?:=A=H:2@@9?:@??<5=9???BBE;==?=AF>A=/>@C5?>D=?CD?ACE63A@=@:<@:B;C?B=;9;2?9EC;A;:AB5;@5>:4=8=1=9;2D:;I;9;<58?C@=BA=@33D<3@G936?;B46HAA:A=A@?0=DB58A;=I7?=@??4>;8=D8F>0AF?>E@:@>><<=9;BA@-@;>;8>@A>;81C:6A6A>>A=A;74;>:>?:K/A?A>+A6BD?@=889>==CG@92;B:D9>;?;B:8>>AD,>84A;:E;CA<8@E@J96;E=@?D(69A>C=68/:8A;@D=.<::?BA7@D6D=.58B@?/98B<;;@F9B8>@:B,23;G3;6';@?=A<06A?5<>5:61A9AC1>+I??=>?C9B@C?@>8D4C<.9=94A4;892:4<2C:99@/=)G>?B?F8=;@A899C:7G+A=3>B0B;B:>8:?67;0?@8G=A8;@AE=@<;?A@?DC;CFAAD9BB77?@>:FAF83465<:<7<9B8?>35EFID60>:A<><@9@>@K28<47DE?6:19;>:4??U7.8846;=/>?E:=9AD3:@3=E@C94A@EA@CC?8=B79A?=2@:==6?;G?5?7@C7<89F@A>?F>;5A8826@4;2>=2D:@B5=B2BA6?@/A==AF4;;,6=87A<7E6<=A5=7ADB8A=3:,@86@>08>@J:@BA?:?=5D7A9@8?39=>I<><6=:=A4H<8;CB;/>8D-E>B@7?==8D?>=@I6C):@-@7CG@E@E=?E<9FA<;?9.<@@:C??<7>B73EC:H7?69?>D;A66C?:6E8A8<@=@:;>5=H>:9C;6<8EGC?70@:B0=3>=F76BC88H<::E;=9>A5<>;9=>9;==:B9D?C=<6/A?I7?=7@=?75C;>6C<9AF@4?<@4;E:J@D4BA<=?@=1B58E.9,C?B?(5C5;B;<>9A.9>;2C>F:E2>?67:12?3@@5%>HF==@@6=::4>8@=>G=;D9@=>><-<><>2=AG:>ED2@88<>CD:<3:=85=;9C82:BA?7D<<;B1;>889=E@<07CE@59>D?>8I740:21:DHDG0=?CD;<7D)=75=?JJD?BF<:A>=D/A@.-??;A6=A6B;H8F7;;8D=5?=C:?CEA9/6,@;?=;87>F@@/AF>:>;;.?>=<;ECA9C=@0:8=1:<;BC?B?3;C63AC:9>B?8@?A8=+@>@?(>=?57=D47C;C79>7B+8;7;D6HF@7BA@;@?.<>>A3=?CBC?>AE2BB=>EDH>?BF;6HDD<=:>CADD?B:?>9D9=;@DB9:=::G<:>EDD;=7F=C7?8D?:?:?<9CD9=2B?3A475854-:>C78>>>77;P7;2G<=974A<799A?;>:>;?>=.:<>IFF;9;57?;8-C8E;9:==8:7586;B54?7EA7;?@37>@@C:<>GB>@;8:4@=0=/C;;1CA?A;HG:5;AB<15?A?55H@H:C>=:9:;58EC?:8D;>=D>@@0;4?OC9D95>;<BC-A5;@64;@>?A@H9@>5B:AB@A7B:G+>FG@;:A=;?:@B=C?H9?8B@ADB?64?C7B@?B>?<579=<7?;@A8:;8>BA<5:7?6I@?24;=A<9GC6;7?@A?<:A?=6=D87D@D6975HA7@H6<8<;59=C<:4-C=0C94B?;>=E@23<6:BC@8>E4A=D=?C;@=CA:E?7B8*95A/><6?@;B8A;A:9B+>8B=@C.>4?<6@7@=:=;;:CFA7A8<:;;G?@L4?6788:4=AA>==E<=CF@,>5A48;A@B7C6899>=:A=BE@8D;;36C>8=?=@>FADCB:8;>D@88;G=.6?K?@C<:@?;@@BC/?>B?CE;.>A<>>=:>:0B:D<>=>4KB<=9@?94)?C8>@D2>=4=6?9;>F74A2::?>>@J5B@83=D9:?<>;6B??>7:B@?FB>?B4>A9B3A>D>:@A@@:CEIC@:8<8C4F:;0=B8;=;CB@8B>:.A=2C9D::9>@:=9:D@:7>4%<<8C:=?;D@F<:534HD=C<@7@7:;3H58<8=F7D==DF@A92AC-D:9:/?7H6E=(B9>:<>@AE=GCD7=BB60?AC/:3>CC4@EFB::62A?=<;?A96:?0B:><=;?I3>;@D5G6;;@<;CD8@CB?@7@<>GAQB;=7;E;4<@DCD<11D,;76=7/>FA<@B>?8;>=:2<;?=F:=9D;@>=@E>F=K9?B@;5C=>BB@AA9DG9><>6@;>?7;EB9=?8C=F=@H?<=>83A@6@=B;D@?C7>>AB@AA=+=B895;E7A@B?;DB@BHA:.;=AH9+>B>C>09;@?<=@:@@F???<8?2;DG?@?@?@:6@B?>:?D<;9C86=D>=A<>C>B77>@=;<=:<54EI<8GA57@9E9D=DA$.C>A?>6@37@@4C)9>=?=3>97?9:24>=?@9A=<976B@7DFG999EB8BF>5G.91@C5>?=BEE9?94;A;E29==*AA:68EB-BFE6@>@CB459>;8@=;CAB6DF6;::?8;AAE@=D;1I=8G4?9==9/@BA9D:=@=;=96/:E7=@7@<7;57:E77+CG88C29=9=?84:C;E5789;<98FA>;6C@C>DD@@<1<:@9E9D@GEA;G6@=3@3E88:@5?98>?B>CA9B@9=>DFE>BBB>;9=<3A;?FDC<8?A;G?B=;=:C9>BAC?DBF=7==@@CG:CA9>AD3@=E?;6A37@@6A?=F=34:D>596;>3D@9?8;C<>====A1DE41B1F<>,5:6:CD?:83H@5@8@85;>CC:<><>=B@C;@B=G@D=;1D=I1A??9=@:?AC@C@3DD7BE??7@@D><@;;+@@=@D4EB9A9>?@E?;@C40;8C@A=2>8:9B5@@7I@=CA3C6;>ACF;C8>C3A?F<==@E5>B?;H>=D=D<;H=@4:@>?=B<;C;F@98C3?>?67>?36@C6C<:>=@;9<73AA@?>BDB9F@G:;8@@>9444@CC9;::57?;;;98=:CHB?C>96=7;8@?=?-C7>BD;B?9D@8E:=?A2C3AE?<9=C@@D9J>5??EA676E5>E;9A:7=?7CA?==8D>759@B>1E<>?:?A?=?5@=:AD@A:<;91;67>A@B<6AA:BCB?>H?B-?:<9;?+BBA<02AA0?H@<=9>CC>4/5:?:8<=?;=986:@46G?@@C8>D>?J;;-G:B8E?<8CB@7>;@DAHA<5A=AB>I8???2<38:9=7F@8>:;376HA@>>85>;BD<29=E>=;1C*9:H8AA4>=FBH3<(C8H-E:?;CBA0;;=8<>=B:3;?=80:5;@DC:B:>4;B@:2??E.B=?8FB?4)5>@E=A=??>=?@@J:>?@6.9>=3G@9?A:65BA<:96AFG;1?CA;@8677.D:8<>>C7I6IE:?&?BB.A=?:DECBE8A?;?95?;7;,C69@B:;<0@>ABDKD6A4<@G6:)07CA99EA3E?>->93?24B;=5:/8;E8;9=3C;F>E79@G@6*?H>DA219?44FE>=0:?8D9@?;80@62E>A?E?;=>@:BA@6B29<8AIDEDDAE:?FCA7<@D;4CCA84CE(;6>D5=AC4=8N5D42=A85GCCAA0:;GBA:@B8>BCCDD:@:88CE<>477>=8@C@A?@3888BF<@>9>:/G><3)BD*?@:8B>D>:;CEA?:/=;B976E?2@<=?=>8>F3;AA7BA8B;?>;8?<3:5>?B==?;52<9A>9DE9E6<=8;;=>@55@C><<6DC37;@:>?8;:8=>7?AE?B<@B@>A:D@F;,@::=BA@A:B<>;7=A?C<9D>@C6B6BK83@@857@@D<@;7?6C?B:@;BE>8F:@,AB9@?8@@99G?::F?@<@6D7AC6;46E?1AD464<>C81:A?4+<9B8E=@E:<4:B;@<06G8>4@8@5A::0:=;A1?9J=G:B,:7;D.<>5B@CD?C.>5;?2>@;D78A8><<:?H4B8?>945@E:F;B>9B@A@@=@6<=;C;:8E919G9C8D:@:)IAA@;AH9C39>E???@5AFD<=9C7=AFD3@9GAA=ABCD==??2E@@BA@A5J;;F87D@?G;;GB78B:84A=EE6?98A:HA70>9=C=A@?0>=@HF9;H>>=F9>?>>9I=;?@:G>38B?8:DE>@B>6D?>A=@3=F?K@;1:>AB51A5=9AC@;BE:;>A:=@BE?CEEE69<7JBEGF=>;=:D@=@9D>8=@AA>E-82<:ED=AGB;F?68>>6=KCEB??DEE<;=?A@B:=<>B::9;CBEEC>A;AD@D?7@?CG=1C3D6C:>89@6?A?;A;C?=A@A5=9<@BDF8;C<;@.D<;98@A>AA><=C;+GA@?.CA3ACB9D>A=9;A=<<>7:K?40B0=3AAA/7>C0B758:@>@?76>?4;B>9>E::<@5;63A-:D5<9;7D?:?9.A=6=78?K9:>A->E=B;=HB@OE?9E>>@>9;:0>8A?9><6=<>:C?BG=:D?;3F7F:?A7@>@8F=2?C@;;C>:?C4;BD@/<@1GAE@>?9C68D@/35+<>@C=BC.<H?HE@D<=0?<9:7>9D5=C=>@>AAA9;:1,C:@F=7A>=@8B6>9:B8;;9>@:,@:;6?DD=1/6;;CE=1%979<>;4.D:299@7,<)<=9C::D9D1:G6ABA>E?I96;BA:BBH@:3?6EB48;E=@9:J8C2ED@?C>69>4>EA>;A7;D'7?:<-9C65@<8?5@63B:J@G:@:77=:B92B@>=0)AC?@>:>0=2D=H92@=;?@=B@E;?C8;BE:=:)2:.;<@AB;?:E.>A@;<7A9@/:@H8OC?@D<=@@>;:94D==03>53;8FF;8/C<E=BBD;DE->BEHD:=EHP=FA9>><3@?@D>?@:JF@DA8HDAG7AB28DB8@==>AC@>2F7E;8BE9CJ=7<>;GB=A::?A6:B>7C?7C7=@<8?;<@7:6A8A?6G:3=C7D4HB=4BC9??AG.;,IA2<<:<5<4=;>D3?4:4):>/6-B;;D@E6@9B@?EA>@>?73:F?28C?JC634E@A6253>5<:BG1>A?/.=6F<2;1JB:@690CEGDB@F?.H59;>7C?3=CBJ::<=:?.==B>C5FB:E099B=ICB?9K<<2BB7D@8BEA?D9B@?>6CDDH>>?@<>;?:778?;;:<:9==?A?E9G5A?:;4;88/HC?9<=<I@/@=DI9>CC@97=E5K87<=@=8A@DB?@CIC2=?@50F729K:D@BBDI<@79>B8GB@==6L4BC;HA@DII/@@H=>;<GE99B::8IB5=8A8E=1A>E9@:;72A:>;<=B?@)?EBC947?=?;0K@EJC97D7<1F@9-4=B>8;B>0?9:>@<4BI?482:94;:=0=9<;A?-A@:?E:8@H99D9DE=AC3??E?BB;J'D<0@B@F=@89A>D85<40B8E<@>4?C>@8E;:/A@??>==BB@/HF>:D;5JB;5<;?D@A=>=5;;60;E4::3>64A8=:;E6=?7=2561;?;@4A9A?5=5:A?=0F@DA>"::A/:A=;=;B6=6?>C?999;CDDAC3J99BC49:C?::>CBJ9/>A8=BA?>?<96?7A;=4B7@5CF,BED@B=@43A7?@=B.<<8@9??AF@3CD1@72@8;=;6BEFG3G5AAC:>BB=A>?@8A@@@C64CACCB:4?:B?;92@B<;<;BL?@;B3A?79=D>A?A>?<::2;G9C>;;;'7;C>5<>F07G@C;0;5E7C3HDCB>3;?G5?=='@893D@?<8J39=DHID*?9F=B8?:=E6G%<9=D8==58/@;608;52C7C?>9:9?:.7->1=?/B66BI50>C>DD<;BA:E7F6>BD7DF>:@8DE87D9:CG>>;67D?>7;M>>G9E?DH?@9IEEA9E=2>:=@?B7@@?8EC>D<9:@8<49@:KB@6>5=0>79??@8B7?A>AC>E3:?715==2@>5A-;B:=;=>=:@2;CB49/8.<7?4C?/?/9<3E)==>83>2-BG=5:7AED3>>6;<:(7<;C@=DEAHE0??;?@A84<:C8,FAA>=<;@5B;B=H=8BDD:A9:G@E?8>FA9AHD4@=5F>=2@74DB=:AACH=A5GF>;;AGAD>:B@=>7>@FA=EE@?F=B@BE?G>?@E@CFC:@8E8B6BG:CJ:7A?6F;>?9>GE;A@B0<8@=B9J55DBFD3>??>B@@H?BI>>;;IAD3=AE9>C3B>@5@CBCC==?A9@BCE6E4A91ID;;GAF?:AC@A?2>EG@?A?C32DD?B72G;>;1>;IH=BB=@IDA?DG=F=B8D;D>B?.A9AD8:C7HA?9GA?;@?A?=CC:@E=BCA8@FF99CA@61;J>;:@=C4B?>?E9@9E9E6G;470?98>0B<<@?B8;DFE64?<:=?57AB6)>1:7B@@@96FA@??>C;?@:77=GDE;;D>D8BD?>B@@CEC:ID;?=??@CA;=FA?7J@8<4<>8B@>>B688G;=4F<@9;@73ACB5@=9>0B8B@D+B>8E>(:=9=G>8A?;@@H:>0@<<@B7G9?F;,FD.@=>78?@BE9@:A;3B7C>B:AFF?:88@84=?9DBF;D?8ED;AD<>AC?IF@BA1?9HBDB?;Bc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aG)5  ÿ*o j:C4*€"?/ i»…x|+?( D$’L2

  •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