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:98508744 0 NOVERFL:-1 219 0 MINIMUM:0 MAXIMUM:9204 NONTIME:0 NLATE :0 FILENAM:fastscan_01_0041.sfrm CREATED:18-Oct-2021 12:16:40 CUMULAT:2.000000 ELAPSDR:2.000000 ELAPSDA:2.000000 OSCILLA:0 NSTEPS :0 RANGE :1.000000 START :40.000000 INCREME:1.000000 NUMBER :40 NFRAMES:180 ANGLES :0.000000 0.000000 40.000000 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 -17115 -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 :652.000000 462.000000 AXIS :3 ENDING :0.000000 0.000000 41.000000 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=CLF>:AM=6O9H24<777AB7A?6CEL@GI<:4F9B<=>=G@CFDB>?E@@BEC9GH87HG=;VJHMJ4BCB>6D@=IE5?(F3EI=8;AHDE>P8AH?4293;>?@9=EE:AI0J>F@AI@>E<3E:FE6D?5DCA6E6@AOH,6E6FKG?5>3KGRE@=>QANR11C>A;C;;DAD4>7J677>;D0:N>CE=BCGG3D>@G@8B:DC@HG>F?@G>9I8@B;AD2IUA8;<3=DDL8DBL8?M:5BH@D=LG=AA@?D3=JDBI328;LJA<7?<0JHOXC;;;BH8GD=CG<;CBK;;;NEBNH:B3A?BH*F<@G9D?D=ED;B;6=K591P?@5I99DAKDD8KFB=J=>CDGAKDBM:3DMGH?D@>J@E=:B=OD>K.B7:SJB>8=F1?6)GH?QM1:=B9ED.IO96?@?>5:GK@86GK3EC8E;;CM?M?=9J@B9I>P9P=KL?*FG7HG.5AA277E=AABGEAB;G=DNQC6:,>>GBKFL:NI@I89J>8*1?:NEF;:C=E;A7J@876B;F8H=AA?;=NLEGJ?CBI?=B>KFGA=I@L>E9@FDGBPEBJO>7FG;A76.J4BAD?:>=F?BANGE:D=F5H7O?BHB7C?BB9DN=F/O4A6BOJ6?D7R?2MB@@6A=99BBCIHME5E.A8I=F=8JFG/@>;=@7@D<>;3:3G+@:DJK>9EL/9?LC;K5DG<8@A>3=H9@MGJ=<<6==QE>Q<5558=@H>FJHH::@FF@B9>+KDN?9P=G/47C3;14:=>/;;@FBE1?1F@?8DA72N;A>CHB?G24L8EK;==9>>EI7?C@,6C<2??>B?B(B>2G>DCB@BO66I@?B-N6?KBAE3I0A:BAA?JB?0<%4;-#:MJC43;@K@=I8M>0.@ARB/H@<7J;<<@RDA3->@FLIHJDFB9GGA?C<:AAG835EK7A7@>K=C95?@F?2FG;>ILH=JJHX:I/AH/=G87?D:BB:KB58H1;F=:J@*?>B@7GJFBCS:7LCK=CKE:@?IH>?F@DEBE=66:@?>;3RA@@;E9I'GG;1EI675:LD>C=EA:@@CM4CEPH=O?6=>G><:29A;E<9IFIA=E@#99MK9%AHBB>K:<2D1B??/:G<;IA@D4A:>A3;DEEF9DH2EBF:NI-IB@98.@87A@7D:D=CT:1AA/>G>LDG684B??@J??5>F9MEC@B8C9KEGC3?5:8B9FFD;D=M=?>BKAIB8GDCK@J6@:@D>E7?BDCOE9IBBCG71LHB@?=JQ@L:IED@E;D9.BHC6OK;CJ0E9BI658NFJE@JC>9=G8M79=>H?BIE81?B6?=G>24JAF;E8KG9D5DQMEFA71G??:??A@<8=C>?JC7D;:G=969@8>BAD7?EDBAI@OJBDG?B=4A<;B6HDBGG3H@4JAJJ;D7865>?IC4GHA7?EJ;C@@K5=B/9J.H2EJ@C:67HJ@7;H:QE-5@3E?2F@><=C=HC4>>G?2->;D@JHCB1CHKJAECQ@C?:@>@@,8;?;@J@BCK<=H>FD@B@<2?19JIDA=>C:?0ID@>C=DMAB?3O<@D>G76>FE6AH>F2N6>9JJ6DMMKEH?L;BB9DFC44:G3;D>P?C?;99>,I:9A;IO%I;DHD3JC*HE?7G:45729>(EDJI?DF;=A6BG@2G=TEFHKK/K??K4?AC@L?3CE:B;CA:BACDL;@-7;BOBBL56AI=727?C?>E?DDBL>D>APJGCIL3LBATCC@J1718V<6=>GE@I9;=:8=EJ@VAKQ1=9C0C@ID7D6HAC>@4=85EBHC)2.;;@6OGQ=>-CD799B2=72DFB=E9CQE>3DIAA;7J>.AIH?D5=@E+8:BFIDL>1968<=FM?;/1KNP@JBB.7HID8:LF9BCE@4:;CN4,VM@E@7:.EB@A:1=IG=BIC@?D.C:?AF8A,B7?KDK5;R4H?%DBVFE>@I6=U<2>4=D.H:C>?IB=?BKL7570>>CDK?4A?=B8;7@84C?D3=7/3:C9CG0@A3K7B7D2?5E>NG=B:;51EDC<8G@>A::?A=CED:1BIF@*6B>?>G9C?0F=4BD;>?C9@EJHA>F9GEF.=0A9D;BB.LC=FEF4;?=;@7BEB8F*.C38#=@(D0?,;G;KC576=:89>=><7>ANE25A:3:=D,+:4:P5A*3AG.0DFGEF@JD=8DA>I?>9EA;I17F?N.JKGEDH>K9A@=H>;EBB?8HO<5ACAB2=G@KD5HK<@F?B?E:BD4:;E>=LK@D;J/KA=405D>79?;;HH89>H>TD<>DEI8C18796>90EL@CB2L41CAHMCA<@GDHIGBC0MHBOIE5:2H83CF(98<5A;9=>G<=FK>NKE@L:Q1@7>K:82AL9@GEAJEKEAD8=IH@NQB@:JA;C=A:7;26C6:HCG9DPHEDD9AB9IBBHED4E>1<>83B:GKJ<<>>=?8GG>CBCBG=;B8BA5=@@AEKA<1EL>B9>;8EDAEEIE<9HCCBL(A5DCD=I>:DHE==777?EDCAM@C?FHI24J??:4CEF;967>=8FE<@@BHLGFANLGGI@;@EOE1:B7LEA;D*BB'@B4FD?ABC@D>9C=GAF-@??IF/G,D3GG/6FHC6B<;812CBM0L?DF>K?@N<65=GHH+NA:JD>IC6A?>;F?+G:96HHH1H?EF>B?@H6@B9>F<6/H8>@1GLK=50F5E5CH=>,JFB@J1F5,9B8H@2IB40A@J2<>D3?D>7=E5>KA4K=<<=D>CAKG>C:5149->9?I@@9?99>>AL6=>@8>AB:C9D8<=D;CK>B:CCH<.JEN>C6GEC:=.+C96;AG5IQ<7;3K@;3?32IB<9A5RLBR45B@J>25PM:DDD>P7A@:?(C@=GKG88.-?FFK3F,B;EFU:E6A6<8E?I7:LB@L.E@?15=AI2BLD>0L?G/JCA?5AB5HE>CD<7>>A46?:C@D6BEB@IF?47:;C<9H:K;FBOFJ=FBAI/@45153J7658)BG75;;P4HE84D4*;;J?AF9>A0>,D@@I@B:,@=MFG:.MKB9=DCF;HKA<>GA4?>;>BG>G=D6B5@CB:KC6D<@>:=@=5A@HE79>GAK6G2FC273GA:*E8.H;F6D8/17>NA5J87G;C3>B4B++6=.H0@:><2F7>KFF>::B:<=0:+DHC=.<>@A49B1AD65G3D:5E:7ED9B@L9>)2=DFO;AFI8;@>;>I:;=?;;:4KG3FJ7F<7M@>:EDNGE?>@CJ8HA;D<@=5??75JHI>BK9,8D;CA36DGBC9KIB>CA?DKE:L9;M=H=B<>I8>DF9=?A9?A7AA79LJ2JME:)A:>??D6J9<@AA=?GPB;B66;S6J>B7DGA:EBD>7DCA;IEK95EG:EFLJ:JE;G95>H8D;C>B>KAAC@CH+ED>@A>:F-EE?(HFK?>FHABEBBF5@4H59;B4E70B>?@E>O:IB>BF6D:KL0E5@<<8IM4H:HIDCOK5256L:EGH;=BF;EFEEFGE.EACMB?,K58B?C=3EGEC4-?)E@D6D>JB?GG:3=6::?JHHH*LAG7@8=:JD:7;C7A9F4/FAFG3H4D<:AGBL=:EJ9KHDAE@P?B<B8B=I9J@6IF9?KAA8GB@@DB?F@D8K8B<>E@;A%7DA?K@4EG:7P;3@A:78=DI@@=@K>?<=.DC;DD=CF>73D81KD+F@9FE?C/GE85=E9ADKL=E:>FC.J)9G<3EBA;A89DBFE9/B6*B;6<=2C<7C;>3CN@I6HCDAFER>FL>B9D9CI<3@7D@E.B=-F?5I8<@D@B,@IGB@@!D?B?CD<3?=EB?.C61442R@JB??9>6D@H>2FMA;LBH64E3I7KGBC5CAEK?6A?CGK=K?=?4?4@<@O:#F7?9S;:DFB=5FBJ@J>BHIP6>96><5C@=:ANHBILL=D?D*CBUA9%<8;=@A=D;FG68/2$?M=.E:><7<=1C:-<69.,=43J@JK@M@:6@G8@A?.4==8=3E=8F@@7H8ELA;:FH3B5KC>0B>1D=CGD>=6;<8C69J:2A?>8=4AA;@2?4C=H1==@?J@=>J2C6CCCJ<==BD>89BC?7<<=E@K=9>?:><@65'=EB@@6EH@<1=0KA7D9A9+?9O?H9>6A@C?H8I+6J0(??ICCK;4K<>E*K:F<=F>0A@GJGB)?>RH;E==B;MLBH1=@<T=DF053>/=8H2@A@8D4715MA6:KD76,B>@84@5@G;A0=AF9BGF?;A=:<=D;A@67D87:3C:3>???9F@@E?8=BA8==B?HG:1D97?8.:;3KBJ8A?BF@M7?BI32AIDGDDF8A@D@+?H>LDFGC;;B>-;>FBAQERI89AGJKBD74:@G@?35>??@F?CA2KEE==F9AA;@I=JGHA<@H4Q=K/;=B7><@9@>8EBDCK=C78AAF>6DJOK;7;B9;89CABGGJCA7?JFB:D:=ICH8AC<>;?15KNE@FLO0IDL8C<@9D@D/IB@G5A29>5HIF;DD9=>J<.CGG162BCCF38HA>6;JE>6BCE<::7@@B52-77E8>),L9D=4LAE=LN0C??K15AC?9=BO3C>HC9A:D3G:E7DA8@F>;;K@5AF<>8J5?DR>H@FJ<=EJDDVBEF4JBAE8D=?:NPAL;CDADFJHJ@GKKBEDI?:2?G>K?@;4QI?KDGA/C=DG;AE@:C8AE8>GABFE?M;KHA=@8L>QG5?AF9<97FDC4HBB5=IKM>A@>>DMBEE>>/@DH=@DA>L:JAE5FADE5CD,G?=-Y9>F*<=5DDE;?9A=C?G>FJN>G6=/60;@:F?R;;1<52;C@M%3@2DM<<;D=/7,.>B@AD?E?@<4B8>@=6>>KBJFMDH2?EB>:2C47E68KD=GIHGPE8@@/64=8/<HOG<4=B9+&FIKK>C8::B>NBE.BI,<0@GRG>GC;CDAD@4?JCABFOA;=8J=96C=DK97?HE/?K>@E=ADFC433R7K?>LOO1J?=N:@HD6=C58IJ=.+?@3?CIBI@=+64E:9?,H5KBAC;O55///G+546CBG1F*<=2J=G@DMK6G3I@M;6<==:G&@;CAQ>;;I702E@AKP;FDB9CI;C7DBC?K=1??DG:A;BD*8GFA85/3/EAFA9;6F0?@;B;;2;EBAPB*B@2960DH6;=@E=;>J>ACJ=D>9GF;FF?9N><3BBB>>BAE>2=6C86+AH=E478A>16;1.D:;5-:/<===?B7@*>>AE-<>:5CDJE167>I?@)DFE?9A8H77@@?;0C>G;H>@;:6G@@H6K=F8C?>G=@8DB@F>F:@I@JBD;:-FP@ED?D7;=D?:=M;AK:A@F7H8@BJ6=A8=NOC<>BB37>?7CC5P;=IIDB-A4=CE=85BJ=BA6?9AB?G??B<:F6:Q;96E?F59E>B>;=,9:?I@E>?C=IPB8G3B@E6;:K4?C7AL8F;4AC:BEO=9:=B=F98E=A>@C@M'@E5M:L9LGD:AILE2/?7?>D%AB.:F>5B>J8?CLM:HIEO6>D>O@>ODDFQCD>2;9NA@=FFSBH9E;EDDEKJDB4GN5:?@HF<>DB@=C>>7CFNB2GB9ALG::B6=G/@CB9D<2>:M6ACDODFF<=IHBC;@?L7H3KDB>9;J9@;E558EA?FFC@=C7B?==I>>LJFA3A=<@8@B?=3OJED?K?G;>G=,E:;DHCDETKIG=@:F@=D@MCG93C?C;8H=FDCEPBEE@@GOGNB>GG7>A>@88CCI8F=?H@EDFD:BAO;JFCA@E9@@C16AHB>=F=I3EDNL@H3?U==CAAN8>?F.G=9DFN5+?BII=<;?E:>@B1FB86CGC=<6E5?B<96;D;?L0=779E1ACCE:99F'CC5BKBB:6?68:::KA-N6B8?A<13DE-F32DE19=B;?47B=9JA2BG@7H5G@I/@7LAJ65CDC-E73C?4MAJL=B;8>FD67(JF4A<,NCC9>GJD6J95D?L;B5?//7;=:0:ECD4D=&?4>B8A5NCOB>K:IGD=>:9D89L.B@8AF@@4>3J:?3?+?566I:5C:=D<@C8>AH?K:DHC57<8BFH?=>?A@7>L7IM-@EJHAFC8>ICI:9NH;6CF>F:+3:;@KL?BH@?EOG@B>>AB>JD7N'1;A=B/@DLF8=3G/?6D6<<<>3BCCAHN49<;3*G9578=06MKBEC>>?JA;3B=@:.*DE5<@BC7-NA?8?/N:B<7*C0NSFCHHE48LC;CKK6>;II=R3)GH83N;@O@CMA=EG@8EG<>>929C2C8BBAJB21<9&6HCBDE>=@>=69F*?C8@A::=:?8?.=J.8EJHBS@BD=3<>>3GDL,81HEA:>:C83FDB;D3G9?EH;A33B>:L7?A8AA@=4E/EC4:@G??G3E*@A?E;B:@EHG?EG<6?@@/2ED;E=;C98AC:?CC?@8B>B3C?CA>>2C7?JEE@/=@:1CE5:F<;AB07BF:7A?A<;4F9/==A,8(?7;3=NEC>;L>C5LNF?B;,FL;G1@:@9@11<4LJ;=<>JC@>E/M:DB2D5C00C37G>07DCFCK@<6ABH:838C7:AEA?J3P9B2C2G;FNECKBBG7F=;?E>2D>J>:G9=D9=K3/E?M@E75ID@9EG=HE;@42@C7>7A@:.>NAAJ:8:5RAD7:7@A.>DK@=/HN1HCDF;6BG%?FHF;EDH7C6=:<8CDAB>:18A=IHN<8>A9BF8>3@7CD<(J8KDCE<>K=D;60;>@DAICGF8D.85;8@&?F9=@:>MB5ELB>EAALAIG=H9H1GI999C5B/;BD39BGF5GD+5;@F7F98:BH>D90HI8=LI23:63?0498<37?'91HC@@9AH?4@@?8>=ELKK:BB+=@K:J=<<=6?C9=BADD:97>'ED=:@2B;CII6OJCGK=7;EAA-;ED4D@=DF;9>3N:.D9;B@@6O;CB?BG8?J-Q<8@D8JA;CCJ;IE4;H>FH;=@AB>CE1HABJGHDDFA@4=CJ1B6KAB9JA1A@2A=C:3C=D1C<>659<*?;CCF<1J671;C:I;8A::9LF2E>QJ4EG4@QDOF2DK<9?<8D;=B6>A/.I8481DEG@2QGHC@72J9LL?KF@?O5?7KBB??L1C>DDPNE.H=@??>>BGAALBGJB@@F<7D@5AAI<=DA?=5HBIC=.C78AC97,8AIPC?;9H'@5?LA6<@;F:CB<>03E4X>F:=(N;CGFHMC7G3BAF6=H?G?BG4BH95B80F8;(EBE4!C@%>IH:;6@/2BCBC-M>61EC@@E;>A,9;6>4;9C>D1@EN6<1GBC>I;8HBH3G>AD84?)3=IYK59*?0AFA<7I2.=9B+@@?7>ACE@K7;73G2H?B7C5C>68DJFQA5(@5K;C@=E3<2BA@G&=:;ANIBE:C>?8L@H?E6>C44@>=<=@:I:DD:;A3E>G9>A=2?C3:IDA7B9:>GNG;;<+L<7@=E?A<:<1+8G>@0IHG53;8.;-==A<5A@D00FD;B;E8DC1C?<@ECB?3>F2H;AA;0;A>D;J:F:C,8H;H:&GDBBF::G:;DDA;GIAHIWC3>5B;EFK5H2B7:DRDKF@AHA467;B?7BC5?97@I:@F0=JB@;DKB3G:CE=/AH@>?>>7J3B>A2GEFJC4HG>*?@@<5:F@3=G>DD@D8GI6/=@6B?8?34@8B-DGE=FAB>J>A6M7GBIK0.IDMA6388=6?43BA59?>@G;3G74;>5FGH75?557B=C?;@?.?7:F1IEP?97=M=0;AK=1@=?@A>>37:6IBA:2:AC:AD8;8<0.?>)C?96%=DD96EF;C:H1C1GD9/9<GB5@<09@DP9A-8ID9>BA::O?C>;:?K?B-EH=:@:G?8=H9?;/9A<>BE;@I923DDA?Q82<7F,=>H4FH/C@?:BJ@.97?5C@5;J4@5EH?B@E69?>?6.EB;F8?;=F?;DH?>@:9J);ID=;DDJ?J3>D6;8@8AP79I/C<5>=87B@B:8E@9=@3BC88KAAC=K:FK9GC/3?IDLF==59@EC1KB>7B3BJ>:?=??BEC-?@0-->>8/>G.=8->@194B:I:94B*E48H990)H9G?6AAE4K:?A?@.MA?46CGD=DD9:I7D==I9@G6B=G0BAGBG>452ICB9AL6CL=-?A=I>=HG=3GD@>VC4<3;B6E+5$:EJ??G>VB9;:@E6BB,./S@7D<;HEA8M:::3F%I;F:G=+D??@@>9@6*LEJEIIAH7@HBFC?BN>?D:CA66EC8JF>L.N<8EC8K>G7GDHJC45CC-;E.8FA9::@H96;IH5;6CF*:=8IJMJ4GH=7ENO?I6L=>6D88>A>>FH:6>E2>IL9>B>E;GJ@;?I??C?LFAE9E>@1G21<8@GDD>A8FD;:?A38D@AEG@J=IEID;?I<.@4?15KIB9EKN6<:E8MA@R=?2G:EC==9@G7HBID;F7J;CBI@E<<8>?DD;8BD92F6??@2B9A??<&D3CFC52J8DAFCB9C?C1C=84;94:?8<;F3B>@>,H::FBB67B@?H1E78B=G2>A>>>=FDB@:F5CDCDA77,@<;DAD;49F;@D8(>?4E9?LBDCOFGI8E/@3393+6H;ABH9@;:?B;EL9DC<3I,96CBB9C?EAF.9?:F?88?=6F79:@=PA=FK4?@860=N9.6;CA=;CE;;@;=2GBEE?F@85CA1@8H?DHC@?:F>3C<>EC7=D<>>88><@B=;B=DBL9E;>?CM5/?D?:;K;I2@AAO=+A9@57DFB35=>F2:HB7NA>7ED8I@:G>B6?@0F;KA;82CE4N1:88D;I?DD1;C6>@B:H6EF5;G0@DAI6BC>BNFI?;.AD?F=9;@B<>7;>@9CCH<7J0:;5I8H::@998=FB9HGL9GA;=8.@9A9G;IJIG?=6?<5@;4=@I;?IC&FFDHK=?;NC%CBMBA?5L>BIC?A>FB@96E>8D<>BD3GK:0GDDBE>AIIG8)H=8QH1F0D@71F;39D=EN@9BF51J45M>;@51Q8CJ3CDG6E9AAD>N2/)OB>/AP73UC8H&6KLEASC;5HCED*E4IE>G=I=<1*9F7=?>A8M>C(;C5LA<1>;K@/G7>G>5;6@B9GB7=9A7!98DQDJLH7?D4F>?B@E2D<0>G.BLA9760=48A:DDA?KE7G@MGJCGBA1E?;9J>@F0ABO/T:7;B=H4C:C>8E6E16B?,K66A57IC>CE6JE=49E:6+@@27AC>67?;?<6CAD:OA%9?4<>A?=9.F=J?@?K6C?4;6AC2;=CBA:7A@EACJICBOHH3I@CK::&7Q?;5=>KB;KC;J73G-?K>@/?:@BD@C-?B;;;<AC7I=8K=G05B6KGI0;GD1E16DEBAHAGB?3=DDA9B87E8A>G.?<@47<7C=:<7@=?@C;BE@9H>6HC8H;:C;B32MFH::DM@IBD1MF<>CKG?>GD?FD8<:@@D@L8K=CB6BFC=C9I=FMDJDE;=KHC?:A8<@=C@9F>A=>78C86B:98>@=>C@BFEB>:856@HA;=;,7@;78A:;<=@@;H@G;C;IB:A;BDL,EDF>(FJFIA"A>02=B5;;;ED>BF9EMB;?=3?:LH9DD6;6;>J=J;I6MD=C;2<,A81CM<B8EE=B>C?:C5C/?JB3<62A7@C;;'*;E.1;?J:CH=-JG5=1@E@A9;76GCL9:MOD?4AH4DD8I?:5;>=03:?C(@:K;;D9=;>4>/:>B8ADHCK5;J4A4:GEA:CB3AF8;9GAHG>:B46;OBA<=@6>7;K7.4=F>I?;5AC?98@6CJ@=NG:C8BB:LA7?9BF98E=BH78E>5::668CC=<0EBGAI<.7E:D?C-;L9:=;762?+?J8:3DD@<13C@6>C:?+H.II2GE97DBE;G99E/:FCBH=B:=?DC@?BCH@=86H?H9B6D,&?5K@C;7:=>>K;@IG9=@:C6.:L?BAGFD;>7DN=H/F=PEGF@@79BH3>:G?EJ9>;>>=G:E99>@G(>GBH8BF@=7?1I>:2D;7B6B9HG?EED@CG;EF:@;;*E1NHKH;=B7+?@LE?B@A9<7CB>/I9C>-C<=N89@C7AGE>:DO==?52/<:@?2IE'CE@H3B9<8B;ALFC3=9+:F3BG;I=06@=DK/EG3CD911<@AE>JGH?>B?@>A43G:;::H?>B;G>L:LEJ4C8?OGF?5@N?BPGA8=2BCE5AP69GBEB+?3@AK?(2LI;E@>4:BAH9O>7@5=5D=O6RH455D@?DPH>CCM48=B=8E8;3KMDC9DC?JAB=N?@4;;6<:A>8DC2F=;:BK>EE2CKI9?:AC6Q=1;B>K;C3;8D?&=G;I26B49H?:B?6C@F*=EJ66=KLF7@HB;5CK;>C=NBA=J=EHCE<<>ADAJH?OHG4>CD;J<5H3=6B;0>B;ICFJMIC9JK@47;<@09JAC::,8;)?9-@C1A3BAJM?,=>C55C?=;B@7?CEFE.CF@:AE@EGCAFKDDCA@6DC5>CCB:M?KG?AA1NL4B=<@FG5E@:DL:DLBN8BC0GBDBHMKF;?01>>A>,?92B>@@C;?J.IK>K8LB-AH7/N7D@0C=DBB9@7>:JKHEII5@?8B=@:H=I;0;?4:CA1B9M69:BL;5B8EL&2?<2IC:=46AF;@M=2DFABH;;HI78D>J;AD;;H&DGF;:H;6FC@8DG:>D;?=6;@1<56;;F@OC:8C=;@5?7@=A8BKB7;<=-B6;EI?F@4B3FC(@9@D:A>G:H>DD8D6J@J.ACGF0>A=@@;M32;GDGI>ACLMG;7GABF==@CB107D@>2@?F78B;2EBM76?H9=FR8A?71;E/C?:MDTE7AAN:FFAAD>FC=A64=G:BC;@<68CHBF78988ED@GCACD;CE:89H9;@AABB:H>8?8=G7@B7>F=?/1:8D,BAID9D=85D0<0DBC?<:D8K/7N;N;:IBIKP;DAGLF0@CHDD;=7<58?AAD3K@7CA@F@MEEFFCEC;FBD8FF@FA=/7B@C?:F?F4>4H/4=:4=.R89ECJ;@:B0>@M?ACD?B5?;@GE6>9AJ>>@H6<.LEPH2KCG=GK6D@9?AA>=BBAEIMCGE@;?IBCB:E=:=B@FFHILGAJEKH5G:.HO;>G7BD:I7BF?ECEE<+DCL5CCE4K=B??DL5:?MECC:>77J@IK9?6<O4/QI42DJAQ<.7BIC9?H:>>>6C=B9F@&EAE@J>HN287DJFEG?:?FCJ?MCC8E4FMT:E@?8*@O>?4@?=1ABA9>95A1I=B5BEELACH;;>=L<=>G*8CAKHB<698F;D8C1;A?AI97EA>F=CD@F=@A9L?@EC98==9G3H9A4LBE=>@;HECE0F>F,BH5F0AIAJJ2A;>;=(B@9>D1@G6@A67I?CBL<;7>D1,BF?PMGDJB?@8/C5@RH2<8A5?DODE>EA:AE?>6GCB?0;H88>@@D?N=FAD76,C<>2?DBCDFLFD<7CL7H5@A@=A@D19+4;CIG;;B4<<D/?@53D5=HBA-FAL3KAK:D9@BD7B=E+4C1KH9BM:M61ID4L=QPB*ELB>@=2H;?NNF8>?:JD7G>GG8G=?:=C?GKDIFCI;=B+CBF30BA+QBB:?LH>3@A7D#%9=CF6HD<'E4B>LBDD>B>CL7P9;EHFA=L3D@36;CA9GGK33?@?E9G7.A=6BFEE3:@;B4F9=NF=IB@HBE9G;?FFHBAF:NDB;:*A6?::B7AF@9AOK69>ESIA?.G=E-9FEA=DB:B4D@?=:@?2>:BF94;7A@98HL4JAGHGI=JN@HCE:DEI;;8-BB7;7E2B%2.??<=9G<:@4=P6>E>>BC5CHCCBEFE=CKFC:E<9B<:5EF)8=F?:9;@=;:BE>A:NA:>876?:F;2E>59NCHEGB@,@6>=A=M;A'JC/G/2-HH?8@:?B@7GLA?7-E;:>??G7GOCA:O3=@81>@N3=>KD7CEC;3=@DD39A77MBEIM;OG2>B>GD@?;AGH>;I8??/4<=3?A.GAB1A=G9:=JHJDGK7=G=B=9?CC>649B76?EH>0AARB@D@F7H?=NK@=;6D=I:KFLKA89G@AHA2FA?AJ;B>@?GO>)C6D>HACIL<@;D>F5L2=91=Q:D;A9?G7IAAC?7AF?=G@F<48638%ECD:B?5'AG?DGN5DHD8EA8@>D;B73A*3<-E4>5@@?=E?7?6GFF@FCCD:@JF@ICMH<;ADE/HF@>23BDJ8OC7@75?B/H6K:B@;CC894>2N-B1?E>?-@IB:D+0J9=7MM7=57AE>A@;;AHCCD@GCKD4'2NFT3@9GE<;2F@D416?GDH<80?G96KB<88J6D8GAA,;I3MH6B8DE5;0;:FCG9ERBM@C=K@=KIC?B5K?C@?HO.7BA2<1=;=1HF0I<==7=G<<5F;48?2:73=K;B@6JCC;BHH,GA@:I6=FLEA.CAB>?HDAB7CBB?EAAHB?B?>?DG6DA>:><79=<=05BDE?;BKF1:AGAKCEBEMF:8>G@ME>BC=GE7<91==;C?G@E:6ED@><>GJ;?B?;DFDF.?=@F=?.GMP5C5?F:=HFA=7?=DHJ0=L/B@HFBFL>;A@>>G;BG@BG8B.?0@??1<5(F;FAAEAA;*@H=@5CFF7X;M?G;9CA6G?:;:@:>A8E@:JC8F;C>5;BG?B9D>=N@F>?83?F=B8<;65@48F87:IJIH=AG:7?L7>CFEI>DB:OHE>>B=<8A=@DGC9:>@<:7B8FE>EKK@C4F;K:19@BF2D=9@630F72J99C7>:A-AGB=B;BA-?N,4IE:57A89H>AD>H?8G5GB@DJ<5FAT>3A=3-;B9D8EA3934L@E=C;;E8C60BC6>9EDBA>EC@HDHD9EG@KFB45D@DF*FBMM@?KK=1.;RG;@>KI;EJCF>HF>8Q29IUA?;G4:HA4<>>?1;?A:EC;O>@?A?N8==?GF@;<=83>;D@7CA?=-@:E??A@84EK.CK=99F?KDD>L;.I;C4?1CIJ5I<2=B>L<>>=L@4PN;M@?8>B-@F;=<8@I$GABEE@<0G:?:CECABLDLN:>B@K69QE4B6;89KC95DFA9BD1@7>FBE:C9C7KH>IGFC@>IF:BE8N@H=?<2DFF=6@EFCFI;@;1<@>+G@E87@=<;EEMBECCK>DJJEJM@GA9>2HE=74A5FK0:;B@A>HB5DGA>3C>S9M:?E?D>>IJ6EP7KH6A;B@BKA7:3M5MC=;SI@E5C??@@C%FI1>?:E=:=86GCD=FD;I:;C98>C=2CA@AALC?F?@8DAB0?A=8FH?E<9@G8:E:/>I$BFH9>9CF;2>;P>LA=DGCE<=CKEBRA9D4;73DD=E>>?HE::;CB=J@8@AE<.EAB>D9B?6EKC<>A6JBCFK49>;4:C@5=>A:A-3=<=G7=.7ALJ@?BKL3G88BK5CKA5<5EC7@05/)7?BJ<5D:BDM152:ADH=D4M@096J?=K0:6;DMMCBB9=?EMHCAE?M?D:=56NE@CE@K?(:C?FEC=H>><;9I;BRE<2CKDHF@9@FGNLGCJ1BF5>GD>=2?>???CAE?;@A3@-;58HC7IM;>IB:CBH;=:DECCBM5L>08==@DDE@ER;>BDI3D0ACD>F6ED=@?>9T8AB@IC>IE3(DDMHHGIC8>AG:DH?IB==:K@GJC>JA=G4;8I;J:4>6=GA?1@A;EH?588EI>E@FDFI88C=?=97<6BMKE23=;E<@==:G9B<,BC87>4G8BBDD=2E7&DAC<2=@?60E>4D;DBD3C6ENH=867*JDF;EF8C3=@:J59JBA:?OBE1A5<@><:AKB>BK6AF;=97N?D2.?@HM:0R;F?8@J:+=6=I@DJDM:ACA;8:7B?6?@;>D;7>?6;P=5>?J6=F@DEE3HBHCMDNG2G@,=D7DB8JIG=;<=C7IBFA<886AP<8@:45AH@BAC=A8CEM@DF?5J87H75?C9?IBA7;@H@=BCA=A==A;:FF>L6BCBE@AIEA7C8CE@;@:9CC@88??<8?;@>>6B3EJLC9=B?FK;G9FE?6D;A5K;AC@L86=EAG.D:?C@@C4FGBE==JG8B:9AB@=9?DDBCGG>EJ=>FE>;CB@ED6A9O99@IM>GDCAH<<;8E8MB5TA>:@(I=>ED85KS9DK0@K9J@KL::KKIG7>>Q8:=C2CEBG@9AC7BD:FF4;E?>C;BEA;>2DB::E?3IG9DJADC;G>U6/=@KHE9>GB+EGJ4@CB=$11;AM?8G<@EEKG7,;IB?L.8GJA>L7>:J:@BGEE=DKCF5;D?1<35E;B;?2A>F,?AE9;C@CB0F>C:>::;?@>?ECLE-8B;D6@:*JA9GEBA8OD@DC<5;4D?;9;D428=?06D;=CD>>8@BA0A4F>C=@6?BCDC4?>CJBAC.F0>F<4B3?0%C,=@@=5?6L>IHJ9<7D1>??66=E4BC<,F6@HFAFFCJ;5JI?@:BJH;A;BB1AA;>F9346:=EJ3J>4HFB8D5=@@J7?36?8:;@=DF3)=4J8K85CEM-9FFN=>FAGEBG7@A7F;LE6=PCI2ABDI9AH<;6>.?9@>=30>F->:9D9>C@@HJ::>AC<@D93=@J8=J@=<-@OE;H8F?=G;;5A7?AI>EGC<;>BGE=@A:9B:L>=?E=:C>3<2B=KA>?>9:FA;92?059?GB:?F>CCED@2GF@=EM:0@Q4B@L:HB=FE>AC16H=DBCHB84DF777>>8A7L8>@ADI?F@D>>?<1HM@A72H=D;E&CD:DC?G8D8?4C59C8EHNC6?>GA29D9IJH4ED?9B.<6C<.=<7G?CG@H7??@+77C@>;?.:43DJB:L/4I9I?>E3&=<=48<96:@42;H>>5G50C8H@BC3<@*E8@A?HEDCDB:<6?>CK35O.F>:<63+6A@7J0?3F)79>>-??>IFDB>:=-=>>L;G:AA::35AHGJBF5JI9:>CGF;J<D;CBBF;?KF6>;A3C==@4?D==;EDA.17E?@A@DAA5>BH<:56>@>FE6DDB4BAC=8.C77@F=C4CI:8I=D?@LH>7@G?D>J8DL>>@C;9:=7E>9;;9FF45MBE=<6>9,8;>15:A:;AKGH7BC?@C;BHFKBK68O<6HA1?=8P:L?E=G=BC<9CC8618J:@8=?C59>C88@89=A8864AD=7K@M:=>;<<:JJ?AK8=1:DEKF?JJDA7?FSG@:ELC?MHCC>!9C::EDF7J=[A?@GJDBI?=J@=>JH<86I:B97:A;B;KB6D>0E?@69BHAC5@>9?>B:BJ>12E?*E4E4;&>0@B?C:C:>14I/>74A1@;AFA>AA5HB*EFCCDB=B6DI4B?>=B<25:>A5=B;D<7>4G0411ID72JNFB-@=B4F:6CF6@E@7P<9:D98(CC<37PC,;A?66HCB.3B3>454BO?;>?@8<675B=LBB9@1IIH05@<=8OD?C=ABE>@9980B@FB58I>@:@8>;05?C3>,7?ATJOC?@1CG=@C7<67B?5/FA=6>J:A2A.==DI@6J=GM4DAPCC;BLAC6C7DBACI=EB7@=G?>FI3BFG9>?A>B;9L8EF<=8ANEBB?4:>=4>:GCLA=::A:GF>;?E<65.>;15@:=4ADIDCL5=A3G;CAE;9B>G8D;D+979<7AGM:?;9=+?BH8>8/<78;,=H=?4<=GCEA@<982ABB-A,H<77B?/7B6IB1?:;8:GCI;?:>?<#B??B@H;7AC@??N3HF4?@+:H>3CA@JC4K@;CCI=>EDNM@G@>?4@>D5MA9C>:A;?F1D@FL>8F7L=?BCBBG@C@BGJHAB>8978AA6C34K9DF:I?<=2O36LFGB77<=GGEDGD;C?9-E:=>3@N8??AGFCA??:A;EDC:EA=@:?C?@>J*BB=36LA:=>?3@7:+D?08E>77ED@?FMGKI=HL95FD7H@;;<;8CG2>6D54DG?96H:.?:3BFBFH7;BD@K@>RIHK6@IJ5=CHE=@;>3F;4:J4:45A:7>C@-8>N>E@:D=6G=K>:2>O>E:9>:DT8FB:BC?E@65N=?890AK=4G;A@B>B@=GEDB>6B6GF@EG:5=;CHJCA7@HLBDBK;9>:H=N?AF:@>EP72@4C==;E-3926KBKAIJF-EABJ4U1;EHG8=4A@;0A??96A1PC:AQ@BGB>FFE9=DGD@8B;@9.6=E5?JE(EF;8@@=:J>AD=E6ACBE;B6CDC>8C8=7;=48:C@=D30:-@6B=;C5>?HDBAIBLGI8?P+O:A@NAAC$FB?BCD>IEBE61C??:AJ?15:;B@1G:3/;2B/E49B??CBGB.8?:9A==ICE78@;B@C6>9@N.?HB:2<;A7M53:0?K4F,C:B<;A; GM/G;D9H6;H9;1;1H>FACB?4;G9:E:2A6ABD?AH=1:@I@E:??>BH89@;EABJ=9A>AH06G<;AH:5F=AB>JH?A??J-5B@?.A?>E6E;;9;8BH*F<5AF70D<>>HFF9:BA===C@A;FD6@3B=>:/?6C@9;EE9@B>@HCA97JI>>=@@C9A?BL8>B;AP=C:=90N@5D:2=GN<2:=C9BC6J8=EHD4K=HD@BBA<8F8D=H?=;@D8G4@=I;=E=-JC167B>@E:88;L;C7C8K=A>DF3>DA?O=L:M@B@H:B9<3-@A.3B>4:;LKE@C7?D7;@>B4CB9:JDHB>?;JNEJ=;;GG4>-CKA@DCA?JH172>(DIB=GG?93DFJAGDB;BD+?@BJ396>3=CGCHH>4;E@?M;:@;71C;/BF:D8?6EGDI:=LE87G?@FBA=HAB>=<3E4C;B7A@BAAJ>9EC09<;F36C?159=CE61K>3L@D@M552C)ALNBE=:/?I;?EBGI>P=PD;N84A:0KGD?=:;;>C?C43IECAB<=:LG:EA=T;ADBCCBCBC>IE8=KCJ?+>H/G:9:3II>N:5FADAJ=6UEC66FI7C>RBHAICE9B,5;8B@D/3=R.E688H9=C>?5BG1JCAC1/F=<;?>82>BC-48I>E?GD&G8B><5=GQD9?>D8?BJFDF-A?=EC:A52,=8301;/=AAFGHI?D=AJ>B54D9F8I98;JJCE<=G>8F9>B26@=DGCE;96@K?G8?64=3J?8@CF>@EXO0@JB2D?@H8@F@&:J@JB;O@F"K?9=CD@GD%;A8;JA0E=70D2.A.;>7H7<4;JKC>@$C9L@GA:A16:62O8;B0FC:D@=5DKKIF>A7D>9)=D*F;6AG@;LB;B@+DGABA1/N76>MD053BG>@BCB=DC>FFIEGB>8@B85;?9ABHB9H:HIHPA?>9E7GCFD;BDEE,8737J>:;;<7,G@8/0IDI4@AQ@.=J?5>E73CDFEFB?;=@H2:@A+97D9?6D<8=>3:?;F@@?<0D3@>21:@7B=O>2BLA=@89>EAB3GD<.>?CBG0>PE5CCAHBFL?AE/9<8L<7E#>ID05KA:DCH??G)468=>>D9=>,G579NF7EAC@>AC=>;=@5IH6=9K;?:C?I=AIB1&1D<;I48>7CI;EA>2@@63;C9CC7H?0F7='D>4ABG=H619;7FA=7::AGAHIBEHD>4>=0@-2@C<@GBGA=99=?G<99'BM=A'@A?;=?>=@G@>;CJ<@B?8CC,;8E7CG659BFA7L0HH@?CF@=DB)8;8=3EAL7EF?2LCDD1GEAF06HEC=CAHDCBH/A;G=9DA9E6I5HDE=A>6CDHFA>I>BCH,6<F@ICN?D@<<<:><5I9:B?990;:-8?4@G7E@=GG5@<:EA=9.:C0?>;M2H;CL88E3;H?A@H?8DH9DEJ;C;;=AEDCB1C@23BH91BH:A@=EIF7:=JEF>B65>=2@B?74/;'GKA?BE6;:H240HA>+AAJA8L0K9?::G;7D990BE>N7>J>=9:9D@8AI6C9D9.CEG98E>C=>=A:E>CI:>>L:K>JGEH5FA@9>FG6C>I?FH7<>ABB7K<2:CA:F7;CGDIF1HG9B2B4:<@BI0@;3@?H4A=F=?C?6>6G<@EH?';<@EHG3/K-5?6EA;ICG@G2>:67?;2:C;=HG>EB:H>;?B@EJG6C:LA0<0E:OIA8<8>=B@BDA@FDK:BC=A#DB=;6@=HI@5@?=CRLBB4K?LA8>E*@9??@B8@C=MQ@=?6C*;A=:B0E4@@?0DGCDLE89A=E@>:F?FBJ?:@D2A@BH=/CF=84;7:@7F6O8=78?BAF<3>D<@BA>I:DK3E/7;@7:@>L@HG@8K=@AG38?EGDH;EKD8KA??6??>4D-8/1D6@??8>@B-0>3BENB?@4:D4:K7DD7'8K9L4@J>@BLDO<4/:??0><:==;?K=9;'893J&4D>KC;7:= =16@E?8;95>=8CH<18M>IA>+D@DBGM3BBAHB?>;F3:E=NGH56R>I1BBDB?CQ>=;HLK7?8D;:4DB>HD9GB2B8A>D.93C<;B<;44BG8AEE?BM@AD509I7>:77@60A=B@<>DDB>C96AC/A@?1@=:<:<=E=CBH4A8>;57G@5>B0C517(<7E;G3G4:9JIAA>;==8@2A8??A::EC77=LI=9@DB-D.AJ6>@4A=1F94@@=;D68?;@9A=K4?:&K6C@5F=365A>FD::JF@E>;=;<>C?>>@;B1@A;ABH=F9FBE2:?O<;@;.JCB@C9@;HD6=C:7N=B9B@A7159A=:>0:GI@9H=<>2<9G;FF4F5FD>@;5J;C.?2796I7DCDBD?=>CH>HB?IEKB+5@9B;39F7FD5796C?@GGEGL-H:F=F6K=D*?/3:B<;8CJ>CA=CJ9OBA3BL@=A8@/>90D/<6F<:9@:D:BLN45C@D:D7=I8H384B;>2>B=HGAK5NJCB79I3NBBLD>K@=F<3I>5=@8HFHK0D+C@AJBC=CLEEJ?=J,><=;M;@D8;>H%@FF@9@F.8HDBI32@.3BDG3E:988BFA==CG>2AR;9BFG?0@CFD@@9=E<4?@JJB5=CEPHMEDJHE9;4=CH-BB;;E@G;DJFD3=4ADJHB7>AJ9D:KF3BNC6JG@:7ABF:=EB?>C>>B1@37>DA3F;F>H;B;@D:8;E=L>E:2C?DFJ;-5?F/FCEDA9A9JF6AAE7C:I;=?GDG2=A;5G8@>H<5ACC<.H:3D8-;BD=F64;IG'?G>CIH>57B=?D7*8>;7OA&@0?D58/>5D>=<>C>9H4CI?E@3:NK%8;CC:E99;?42)H?L;2ICFDND*6J:=F>@;4CK6HA7>5@@88JI<(@8JF=PPJCK>4;@K;>7956AD:H?E95>HDM;?ID:;KDDE'KFC;I1*C,7;D6;0@=AK<@2A88?8J/DAEK=7AF;EGG:B2H>C:K@M8.=F>8<4BGFEHEAE@AL;3G8A=BE8/CHHE25>/@?0C:7;F<;=85C>5F@?;G6JBB9856@>A58E><>0A5:7=9CKD6@@LLM4?8C5B4=AE1C7 C9<@3C7N.@57Q>A=RA>>BB?=<&HK1+4A8A8D?1:A=A?Q>C7J896EA#94D@0C:197A>B=;?CD0CB?68:>;6;5;>B6?7=>DE/>3=FC=4G<7>0BPE8L;=?<;@CIC4>?4>8996:;1F5E>ABC3=>H2?C6J<)=B@=@ABLF@7B:A)=G;C>2>E;G?DGH<)5B?>ABHD60K54=DA:8BB14A>C;BCGM9<:!D:LEC<7/I-@CIG=B>I>F@>A>I:DFHK>?7F>?<93@3;G9C<0H@??K@AAD9GCB;J?B9?ACC=;3IK;=H8L?=EB?FG>FG;FEEF5D7287;KE6,3D;EEG<86B>@;B5);3<=DE:BE9HB3D93EE5C?FC=>?FD4EHJ@=>GD%;H:0HC@?KBFD@JD:GDAGE5=C8I.8A74*?*-E7@81KDNE;J<5CJ2OBC?=-;371=A?E9B57;IEJE35F=7CI4';*;<>5@>74HB@;6>B7AC:D;C8KE=8AHCE?GC?=@<8>31JB>JCB?A>C=@E;GDCB40C9H=L>@?A=C:HHM;>G?E/EDD=<>B@LH:?-JG4<<9FBD=D:9B>@?E5<9=D@BI>G,PCF:IE8=BH7HB9<=:F96DB;GH96:=GJHFKBFJC:EG4EFG==>6A>FE5D;D@EL>@F1@CA;?=4E6?D>KK>>H7F;=.;A<8H7DBFHE>6;:F6:FD>@D>31?=C@@@=7AEFADB?@;<6>E,(H=49=:=?5G=JCCH?=A@HE@EJDG>@I=<;G;=00CGKJB:54:8B6A7=JAB630C%D8KBEE@:DAED=D>AD7DU-4><@K/A.6>FHK?B?@4I?D0CHAG8A.H>=EDF=6;,5C?H>-2CDFMD@C/F@:<=@?>A>E2*:?5H6@E@BL9?B9;;:?HMIK<20B49CDIJ:8//P6EG3KL2C76EL5C=N?<::F>FDI+;/::E==5?C;<(6;:<5;1J54AI@9@8E65@:B-:<:5AF6)49B;A92.9:7??=I9NC8?C:?@8-?KC/<@E<6N9AEMFA8E)7B6NC4(9?DB4D=H>>A=B2A6:L29=:@?KG7@B6=:90>G4>4@<5D@7;;0=AL03<66?>=<4CJ?833GM:A+1?74@<9@AH=;7B85A:-2>A=:@>AGA:D3+>J1?EDH?:=4960C6GDANDJF@MF8FADJBGGBJ<6DDHCO>?5FD>;B?AA9K;<@N77CJAD>97E;CED@FLDB9ECR>7;BE?A9@@O69>B8>?=;?HCBD:C3C:@@K>BBOA1C;F2GC:6@F>?@=I?5<=MG4ACOK=:@LA:A8<=ED9HM=7=D:>E9<8J:@=<9LP/?B>I?DCCL<<4E>D77>C>ANH<6J?GE8;B9>?8B8G?IE92ICI;19AAJ<+;E-=EGE?SNJ8?+5=D>D=D@?E,CJ+0EIB7BEC:H?N?I5H4D?<:C@??=EK>H>F8EI;1G7EIK=A@@FD=7?=:C?JF@BI?FDCF==@A=?A;I6:B77L1LCC>CBL5HGJ@/9G8D>IA>GE=EC;9CG:;BEFGEA8DI=;&ARBAI@IF:J9D87E9.JD?:N9B,?'H@;5/K=FA7?P@@FA;K?2U:4J@M?5@<4DG@/G;0@J=A/:AD8CB>@3IDEB@AL@DDEAJ=GCIL>?BFAJAH@ALH?9=H8,>AAI<>:@IB;GO6?HGANG57?FEC7<8AC?6>B>56;I7ADF(2:C?G?G@!-E?@DGCDA=D5FB7B<<<7EHF9EE@;NJB=7FC@=8=E/?LNHB?@5>B-B93==@'A<;>I:.>BJC57<;E1>>>E/D@BI=?:;?F9D%C=R>=D=K<@BFBL193NH<>JD;?=59J=96;9=FE:=D?B9EF8A=FAA72EGJ>6=C7AB>B8>>9CE@B65IDI2BC@:>JD7A9@G7>K;8<36BB-<9>2B668?8;>@AGCD98FDF2=;?FBB9-;=5A<@<=1?HB=E@GJ@@E6F>6D;A8?@7@<>C?DG"?0FGA3H2?=G?A<@;B=88BC>94;W3C(<376BO@BD7HI:;KGC4/119242@@5;J>:=C7=2B5;FFG-AAA4AAJ>IAF?F;;=BN@;>A29JBGKAA>CD)?@@AAB3>D<@@:@=4IG<:G>8H?=G9ED2DAH?KA5E=<7AHC@FEIDGF=H;H68@298J8=IC7457B1:63F?FDFD:C@@CG>GA7GAA7E:;CCA?=3@AD=2DL6A9A;8?:0:?:8>;0D@EDHB>C7EGGBJ<=49=K>E<8AGM4:N;B4>H?A@AF>C,GFD
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a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j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fJ\nRn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qb‰…[PK;C:>=7;<88B=CC<@A?B:>=;;EA:7<+>AG;5EAG>=CJ1HBA?@9C:@CE;CHF>FD4?@3C4H&DA?87E;B?J>HF:?*H8H78<4CJI@:>@B=JAB7E=C?H;GICCCEAIE6C9:??41@?5B?8A;7D*CAE=C3E8A=@7AJ/@BCLABD80B@A,>;@:9><48A3>E<8?H><=@5>83>?5!/B9065<5@E@;;J??=F=7<.?7;A4B39C:6B76=DF?>814341A@A@;;41DB5@=7=<===J56=A>=6DG?4HC>:7BC=?BD:?EB?C3?8=?8C?A4:B8C=@B3A@B6.@5>;C:?339>;09<>1DC=CAD;.H<>===/C;1->78=03/6;=>:77BA7>='<7=F3ED4?@>9F?H==EEDEA=.5G6@5@<6?<@5:<7B7D@5>C8E=2G:@:.?F=:79@E?2=>3;7E>;>.BB?/=A6G::>G:CF6A:?7B7@><7CBB8;CE7F?A89?<:G30E4B?9CD>G9;<9BG:?DGC?;?B;9DEHBB::G<7=6?7<<=:78@CF;5H663;>@G>9-:>?A6H=AD<8@C;<8:;7>G9;@@3AAJ0C=68B@G7@D>.B@BDH9DA>;4?94C,5>.<>>@>C?G:=>DA87;B9J>;@;A:@5B<@?7>.93?@9D===F/;==5:/NA;CI39BA::8C8JBA;2>;GCD>2>0A38;66;>;CCAD@/A5C;>3G;6J3:EC6::A@A<@C>@B>@=:86=>CFC<>AEA>E@F7>CB?B37;CC8=F@=DIDA@5;FA/=>C@8E?3H;?<<@AFE4=?>??;GK:;3AH=H940>B98<8?::6:@<@;390;@AD=?=C3;A=E;A=BC=AE:8B=A<@=GC;=?;/B@BG8>@BGF8AG>>C?9=@2E)CD<;FF5:@;CE@=;5@L8==@?89>A==CAFGCQ6/@/,>BF51B:=FE8AN<;>EHG+BAF>C7DA?7BAEG?6I:A@A@>DCC5G.E<@>A9.@D<<8FD@C@;2BB>DC4;8=;CAC=A=H<5DB;AD1>>A7CA:;?72A6;5<>A@>D6ABC@C<;D9?F>??>E>=8?F>4/7D+?C?9:EF@=>A@??<3;CD-:?E:B?FA2D2A8A8DDG?AFH.4?3==<8F:??;<7;@C?>A;B/>HBJ??BB70D>,1?EF7KDAEA6=:ABC=<7>H>D=86ABD?:<;6=DDC€oƒ˜ÃÿØŸieNH8J:D=A89>3D%>76BI9::)<<99==@9<9ACD;8A;=@9/@<:7<:D=C3B8C98J>@+3772>@B>82=<@DI?>CDA@>D?:1A@D1;A<55??9>ACI=2;9BADA3;G99EE;7C=/:AE>BF0:DA>@9B:D;F>=?8B::C8F=LBB:@=2B=A:6@62GBB@D?D43C;;I>=%A:AA8=GFK/@FG>BF4;9CCBIB;9?0;@7:L2G;A?=.BHG=8?C5;A?AD;B:AD;>98A<8C1AICI@;4/@0H;DFC6G<2@7:?B5EG0=98B9219GD:4A?>C=4DE:@;:>5@5@@86B@2>>7GB;A>51A8=88<4DA@D@<98>=33=A7?9;;>7<>=6B?<8:E?5A.<?D0=8>F=7B5;BB@6:B@=7<5?<9<9B+?@C'=888?64/8<9:1@0B47=E8@@29A>*G0FC>=>FDC-B4:=B@';4EI<6==>?H2<<;6<?8;<>:783;K>C:=B<6?:2@BC/<5;?A>57DG<@69J>@D3@?2/>E>JF>KC<@?BD<:;?B9F7BH=C27>?J@3@;=BC87:?=?@56>98B5B5>881A8:@@C=ABGC<=@7B:=A7ELD@;;?0=-?4ABA@EA?7:6A:6;<=>G2>DCI?HBI:;ECD<:<>B7E=199@G%>7HEB?65=4D@B>DLD=6E:9/E68@BDAD3>A2B?8A4@288BADG6E@9=>96=I1EE:7A;;>76AC>@5C-72F@/=>?26BDA68C3G>@D;@==:/45@>B@/49IB@=DE2<::?>;10ABCM=@F<=D6DFAG3CL=97G9B5@B?:=?>5H?46GA>:CJH=A:8@:A=C=H54>;5:G;3D?'B7BE6:C83L8C?DC6@B6>9G7?-K?E:=?3@H3L922C3EBF>AE9A?-4FE/>9AH>CAC;<9@C84C=@JC2H:8@,5;=<@;6+A8>:B@>GEACECD<=2E:9;;ED=J=@A9D<.@B-<+5A/CEGGE@A=7:BHC08BE01?A=948A)?8C;=84A>F5B3C9JE<@26H@=;E4?9J>>93;1>8A>5B@C9DA<6=D7C+B/?>1F?D7C->BG5?>;6@:<:>5>/>EGG25C>BD:5=H=2E?::9D;?4@@;DED?>*CB=@:8D66BCD<:ABF8E;55'67>BD:8D=F<2D5GDIELvš¹Èÿÿÿ½œp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Ž Ôÿÿÿæå‚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k£ÿÿÿÿÿ½k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‰èÿñÿÀwgXJC@E;AE:/6BE4DAIABBEE-7B4H@::?0IBH?,>79BC?64B??:>D;E(3E,6>68?F4D;A:?:4@EF/B@2?NBB@DG>A8;;GE>A>>:688@=D??HF0C/;2I62;/N;7BA:+>5E?3D@9@8=G:@645H>=9<@@7GAA>BBE7DH=,?AAI>;/<
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ËéïŠko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i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ˆ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hjwn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g…‡•}h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q^g›vpc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

>A<98C;C97>B>?:E;EIEHOC9G>C8D?A@BEE@:BDB<=?8HED?DECCB@C:>CC=A=E9@CD0IK8-BDFGCBF7@9,:A=EGLI1FENAHC45DB;HF?>AHI7BBAIC==:)DAE@?B?A1=A=@B;?=BEG:*C47=D=<479L==79FC<@>F9EC>E@:=5FD6B?AB6F>77?DD7?4J3BHC=?=GMHA0@GDI;B>7I?AD?CBG?DG@CGF7A7=3261>C=B??=/7E748B74FDJB94OC?A!9B@CG2?HA2:==BAEB;;@@I;E?9@>>C0CJAB>F?DCE@CDA>A=?CGDCDGNY]zzdz~ˆh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njpt„›h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k^]@nd{_8@?7?17=BAG380514=(:=3I=>975A457A;:B6@C?AA8==>I>=5:5.7;9<3;82*9+7-27=3F?D@0B5C.7BA3=@9@@=B=;G=CM4:0>=2F?A17=B?4=D;.>=6E6I7BB8?8.>A684;(/B-9B67>E=@5:.9C==78<:D3;5?>97ABCE;C<@:C;@7F7?A9@:=>8;(25;B?@;<@H?4<<3@=;8;6;8E7EB>58C8;A198;D58B>=C:=9H:=4<7:358=;?A>99?<6B;?=->9F==<96<:09;4=4>>>;FBCD5.7@DGA;<=>>B>F@;0;??D;CFC7B@7?9<@B=>;?FCC;C0;>?9J;=>46CA:==A=936<:EB<;7BE:;B?AE<<DD:A1*CEFGBC:CHC?=7@CBFC:D;-B;B:<<<<@??GA.B:?7C=?A5=?>;=F?93>@=?CD:5>?:9A9<8>@:BD,4DF;6?5.N;B;/16@>A=A4=B9A@E0?>::@??6@:A7B@<9D>5A@268A975:=3@9M9?;66K=:AA0MC?H=?96@FCD>ICD:EA>:>:;F6C?BH=FHFE9>G@4=KB;A4;4A:F=D?EE?>A@?DAGDH;B1>@=FA5JE:=?GE@?.:B?D5@BA=EC=?D69C5=;?>E8?-4@=::@?*=@JB=9C6A?DECDFE?D=;>BB@09=;FE;A?FD?78A@>BEH@<9;98>>;@E>::CD<2B.C@=?9.:<=89BD93??DH<9:;:5E8;B;A;:?A@=@H?K:@<>>6?=BC/=FA=,IJ:=DCL=?G2I;CALD:BK.>@?<74E82F?@>;E;BD?AC?8F5>>A:C>F8JAB:@5E894/B=DD9CF/ABJ@C4==K>=7EC?;K<<@>@CFC4=>@3A=81D@;/<@@AELDFC5:;4'H@B<45DF5GJ?0.@B>4,:F?2=8@J@7;DD>@HC=BAEA=B5E@HH8BJDFJ;G;=E>B;E7C?C?>EH.G38:B5GDB?>KB8??C?HD>D7K?=1JQD?>:<9IH>B9H2====GJE37FD2@I??9D>2<1.B5::9A>,?CEE?FI8;-CE@>A@AC?7A4@9@=54A17?A5D@$0;:,C8I4?>:7NVHKZuh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}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d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`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x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œ…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ÿÿÿŠ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¼ÿÿÿÿÿx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ÿÿÿÿÿÿÿ“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Üÿÿÿÿÿÿ…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‹ovE>C7DHC?AJ/D;9-5;HAB7-E26:BD?ACACD2D>:C9:?@AL?;D=I874<;=A;<<:=B;@?69?:IBGEDB5>>>7CEF@EAGH>9CB=D@>AB;=DB6H4=G28@>?JB><=7;G?@9MD>K8C;@HB:@D?I?GH<;IG6B@C=BH=?=G?=EFF=>2EBG1:DF=:?@4DDAG@E4/FB?=<9>7?:@3A;AFCC??EEHEC>@CB7E9:=;FIDJ<@@@BCC=K?DBA<>G;FAA=C4C=7:=>9G@@:C>;:J@AD=;;IC4AGGPFD?FDC@E<=D9L?@8PC8>?D@=?C:G9CJKD?>05KE>GL;=>=@E6IFHB?98;DE@BB?>@BDA@A@G:B60AINUC?0D=D<84CBBI>BA<>NH,H@JICHC8>9FCBOQF2?MF?C:8C=>@3D/EA@==A@@BB:CF?BACE8E7BA<>HD:H?6@ADD;CE62G=@>/LD7D;AKE:<9AA<>56@E5B@?C>9F?EG:A=;FC2BCDH;CB.@JDF?>E8;>AA79BHJC=<8B>J@AEBD9?AEE=BEC8?>BCD86AB5;>=EH6B?8@@;B>+<5A<=98<6IA?=/?@CBC?D8D>;D<7D=E?@>D9CE=>>@6;AJ>@>BBBEC@1@4@D4B?DABE?@26EBKGD=E>E:69@6>87A<;;C;>C::?:C;3D@E@;FH9;FD4@C><@CF?C7?>>=>G73KB>B>;3??=:8>BAB?GC>?L=I98>EAEEB=@6>@F0=:7;4@8<2?F@>3=E2;D>5>/?>?>0<<9G4G;G:D4E7@7>>?9<>D@=;J:97@B;9>BA?B9EI3=?E2>E<EDD=3BB1ABB=EB@>>/2AEAAF??A3@F0A,.@>B@B=F5@:B9<56?G=I;@:D;6?:8D66:$@-F@<9?3<<@09F6824EB8>294CD5>?:03E>A;A/=CHA;?;KG>E?;BB:7A@=@=:=ACE;MHFD>8B;=IDF>?2?F;D6@H?H;C@:D=9FGC?2<@<@(E=?@CHCJ=D>DF?ADFH=FE<9E7=>DBGC==D?HEF.13G2<5=:5@?69G58>=;6A4>>7<;919F960A<7E1@A@/G?B2?A026257@>?;BB>B<:7B?;=?20OD880--A@E00:=A728B?A<=31@::G=?B?JB1@85:A<;4;>:4?L@87;.<:A88>5@A)?:?<<<J4L@:=@;?FE@7B?<;E0?=?99@>:C<6B:@FF@:>C3E>GUIužÂœr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df»Ãÿÿ¶p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›Þÿÿÿÿèf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£ÿÿÿÿÿs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~×ÿÇb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t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j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r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hDD3=EI;OF=J:?4A5BO>AE?<9LFEBCB=;CAAFG;@FDH=ADMD49=JIBF7PG AASGEFFIE@>*K?E>MI9CBF@;I;7HB=<5B=D5;AM?>i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t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i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e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n…ÏÎÜb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s±ÿÿÿÿÿú—b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«ÿÿÿÿÿÿÿÿ‚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ÿÿÿÿÿÿÿÿÿ{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ÿÿÿÿÿÿÿÿ®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qLB1JJUGL??A:?9FL6>D=CGI@>P9I=M=FE70EBB?D?H6FCEGG@;?;>ABCFIDCC@?BC;BD<4B1?@DM;A;BU/9@G5@D7<>E@?MCICK;>/,DK@9?[CG!H>?FGL6=D-CBB4;A4?AA@;5E4FJJ>BLC;@<7J569K7FDIG<9<=-45>A?<645>BB3:BB40:@>:?AB;@7-:)A=5C@B0J>/G9AAJ7>MC;BDIKˆÿÿÿÿÿÿ³h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m=6@D>D??B675@B:?=3CC7;:IA>>?FA7=?=>><874@I7?K99?E:;?DHF=?IDM;0??;BE+11=4B@:>I2F57>;56;.>>BJC>@=C>D;>;:@DBG;ILAW‰yk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gLLEDJARv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d=6FAC8:7>?<@=?K;3LNAGI@*BK;FC7BE6>6:>L;H:NC@5,?==9A?C?G5BE0DF:0??CKFK=D(8EIE5E:?@A=M;,AC>-DN>B9?@0FAD>u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r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j€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`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eÁÿÿÿÿÿÆYGB@;J>>1C=3IE6HFK?5>:CB6>CM;95>=><:H:B=@-=5?A@2.@4D;:*9B<<;G<:?<<9;F=9;:>I?C@=9?<03D>4@F3@FC@49::BGFFCD7=B?@G9>=/<<<(:?HA:?5D1A@H=?@J6?8C<7E,DAA?B::@0EGD:@76AG6GC;=@A>-?AC89=A'GAD98";H;=<78A@EC:B@B8A>B6C=4<;E@BEA?C<;6>:?>FDA==8;CA9:1D8BD:,D@?-8;D=@D;?9;E@:EDGJE71.;<:9>;7@@.F9?=CDED@BD7DE=AJG>FA(<@AK77?@A4?9=4:<=@AB?.69D6=;8::59>>@CB>8B8@>?D<<3<27>CCA@;;B@AA9E//D;?8:C;?C:B9?:2?@4C<>J4=9037;?<=<<@?;?40@?28;C5<<*B:2;:4=?DA6G?;>;559J9>:C@:C=@=26:6?<0=E?E=7G6=DAF==;?>F96;A@?AH;>7E@F/A6FAA<=:/DFCHED>4B>DE:>?AA:7(D?@??A??CC;@=H5*??8B@-=CH>25@BF;B5FA?A5@?A=F9=BCE:<:A6>B.??D@I0(B8AE9DF:;>7B8?C:G=:?6958;@E?:H@?8D+9B6@?A>=7BCB><<<=DC9?=:@>=B>A07@A<7>;A@:B6?8@9DF>:>=>>BD6A>>>8::B6A7=AC>;@?<>BBHAO9A>AI67<@E@A>J>787D;A=?/?E8C=:NFDIAHBB5:CBB8C3EF;I=CCB:?BAJ>?LEE>K>6IG@BBB-87:D?BC1=D?DG>GE=4HH>DCA@?DI?EDB@H8@>@8EADGDB8B4AC::EEGC9E?;=7;FF@:LDOAB5ADF?E=7GBED>,E8ELID@IAM3>BDN<5;A=6ROI<<>:CCAB?7A3@48:;EB>G1CKC@CJ9>3:C@8C2FNKB?FI?@@BB8BA?>II;I<>IN>?GEQOD@NSB>@H<8M;F;MA8D4C<;?@8FCHDH@REUHAK>6>LLJ;8>L=?HGDMEK>F@=DCQIFMFFNDP1FE>A44BTL@G??J=2JMCDLQBHM<=A9CCJFCK?@>EM@@6.CB<@OH7=HKB;G@A@JM;C3D7B44@A:37GH4B;O>;B>46>6B?E?CI@H>ABE>5I>L5B1@1AA/2CG>>82HE@0::@B=8<@D>HDEC@@@86F><->>AC@@8=C>1>CC';1??64:E?=5I7@?B><7B3<*?4=79>8A>0;B>>1:;:<<:G<>;47@1<8=D:;@;;D35;3/?1A;>0EAC=B<=@?B7;77,GH3;BB:8;7<6?;I9>F;A5+:;?37?7D;@B.9D@(=>@E<>EC?54-,;D0F28AB;,?=C9@:E>B>9HD;/7879?21H@::A7<@9CC?5/45E@=@@=8/RG5@=6?8>C1?K>D>><>F2;>A>D3><=B6A@A??6>?ED@38B6=F595;G3C>=A;?A4;9FCCF@CEF:EIDEBD>@>=?>@E8CF4G6BA/ACA>FE=DF=>C>9?@=A-G87A7A=EE?=E@A@B?=B9?DCK4:@>9>-?F67G88:D@6@38CD:B9C4>6F;:BB??JBC@3D3>@:A=F:D:;9D8D6;9K@@G?57;4=:5G@DC@;:-B8F=A<>=@5ECH@;6J7@>;?B9B=?79AC458==57A<5=<@C16EG8=>@6B?:??C:@5@2;7EIDG48@A??6><@8>E68D78=:F7C>BALFCA=?DBBGJ=E78EHD@;EBDAA98?BELH>>7DBCJ6A3:@B;4NJ<><:CD>4=B???<>:ADD8AA?:B.J>>:DBHHBC:?@4FB>CAFG@:CE?=FA97;@189JLFC@I=>CE=8AG;AF?H>-@DHWD8<<;@CB:8<@;G@=A=DF7>CJB?B>GB9C;4=7@DBID>=59FSHF?MGL>2>6BHCAB8L:CRI8DHB:LKE>LD9GFDC;=BECL=M5F?WLEJ45@GBED;N?B>JMHFTJND?L;F9QHCE8CBDAOJHL@>NGDG3DID>AH3DZDJGAALI1=DDLLIPn?9FBFA:@?IF:?AAD=J::DBBBEG5DP99KM5NDJ@6C+KMFH;E@H>G.B?:?BD;>D:9>5J:ABNT:573F@;5BC@EFCADD>HGG>>7.421><=9>GJMIEDC<4?:A=JE96;,>=9<2EC?J2BJ?DG*:>:E<B=?<=?@H;6@B;@=K?)>@A@>=@A2C===7?;56FC*B=KG>:;B@7A6AB?DBAE:?=:,I642=G:=>*E703=2:A=44.F8JCBD494:>A@II6@7+?:AB<086;+?67897>61;>8?>?;)F:D:@96FH6)?A;@?=?A0<@=?9@:7@1;6A@>CA6B@3>BB;=HH>65A9?=7E3A86=H=9>A9C?@2;96;7><,HE=;7K>>>GBG7@A<(?/;=:;;<9.:<6C@)/;GA?BL97?1B)8;F?6?:;A@D=5BA=>/1E8A47?AA<8;?;==@<36A=9@79A:7>:;@BG=89?B>68>A;4=878:;C<>D>9=A>?A5;G;9-AG@F@:@CC?;<>DC<9@==:<;:=:5A=;<=>=EDBBF.7D?8F6EBD=A7@A;FA?ED=:9>JE36DCG>;AA8?C>A50?=:9D3A5@517H2B@88@BJ<8:>9L56?7<=AE?7C79D+H:CDJ@@DAFBH??G@3BCI??96DABCB3@86?36:>5@8E?D;8=A=9AD7C=K>KCI?EDB89>;>HAF>F;D>=;FCA483B3?G2=@B7A>A>6AH<5<=>>BF;<;AA?79A9F<><57H60>4>=LC==CF9;>@A:BH9@B@?@B:>D6=;4:F8A6F6??@65/>?)CBD=;AAEDB;;>>4>DCJ?@DC;9ADE@>BDAI@B;4CAC<@G<7E?EE7?=7?HAF:?>B>>=D>?AABCG<34:?E@;AHI92B?G@G3?:==?8?;@DA=H@9?>@>B7@;D;B9G9C<>:C=B?B>>)41C@N@;E.:G<;B<>OI9I:<:;==>=>=ENG6AL6<=A9;?=I:3D<7=>?@>@@<>H<:3>LBA/AIE75A?>FDJH9FHI=OGFCCKGEKNG?6GJDMO=SREUCKFO2CC:ACBW@BMHPBK>CCO?>9LB5@@4BF@DID=A@K@MAHK?KGDPSBDF?BB>8I3A<8LR=M;G@MEDL>7:;EUNEAQADHR?FCG?U9NPP7>JKHBCBD>I=@AGG9C;LB=NBAGCBIBCRB>CB8;.;8>TD4?<9@E<=I?4KKCDG7B:E=8AI.?6@@7EI@;9I5FC4<1M4:AJ;A0DD=JCFG@?C5L21/87<@'B27C29;BC<@B;?=EBI<<7=E>6:FC9>C2@>CA:=B;6:@KB>?==67/<2A>.<:F/(2:7D@:B;B19H-GC*:A;:<@<@:@6:0939<@B=20>=8:;949E>;4D@@?A<6:E2>>:/??<=B<855BD95@EKD5:F9@?:@B@H;@=BB9;>8?>??=9<1=;I9=*868?;6;=B84=F;4C:A>=@>5D;?6@AA@?C58@58;=@H:7<5@F=8A915=8G?7F5==>2DD?:AB;>?BA8>FB5;A@E3'8?<8AC/686B,:->@0<12G9=:?@A;>9<>B+B??>?KI>GC?A=;>><6:E@9)CA;B=B2;D>@2;>G=99829><@39=@@;6<8.F;JA=8D=C8>+8?6?GDBB.;@/??;<<=2>A@6@:A>E<>H92G8GH0>0;=86;B?CBD7?>C=E=8>=BB@E@A:CD>>:88FB@D9G;8FA=@A?@D?CE8;DC?=7B:A7=6@8D?:A:6;<=7>@<:9;CB=A>B>C@A?5AD9.6@==I<0C8C4?@C1@@64FFD:D:27==7@@BA?B;AL@>;8A8B:BAJ;;B=;EEAF@@JGFK=BE@GD?A>BB?:DA;B>AFI1L8D:A@FHEHEG;=K?A4:6=ABB:06E5:)2@@/GHC6FHBC;FCDC@A:A??F>AH;E1DJBD6A2A<@;@7FFM?K@BGH>I?HDLQHGAG>XA64=IINVC@GBBBAHEG-BBCECBEKGF;5EBLGADELFJ@7NGDFKB49@BNFIAF>]PLIVG@D?CXC?BY?>FKA8ACAE3QP1==C8;?:JBKPGH:4@JPXMHJFQKC@=RBUIFDG9589VNE=VCHACJG6F>:AC9C:D.D;=FIM5A7CBCFEM6>F66CAI@D=7444F@8@L>EAFCDCD>:F:8C4;7>ADKA7?E=L6H?MB<;EBECI>F;OKH3=6DLNF?HHECI397C<4E@B:9M9EG>HA<9AA;@00G@D6BNZM>ED3MQ:zÿÿÿÿÿ¡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g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`¢a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kA=JH5GTISGJACAL>;:I*C?HGB=G@GC4;EE=F;/:?SJDH4DHM;7DE8=9B;4NBHDELDMM>2?ONI?9JNE:?@@BN@TF8<MQKBLB@M;.G@<=4O?AD>F@8H9;=CK99?B:CK?CEH?B42<.3>A>0>88L?EAA?D?<:5H5BDGA9:: I=H<3HB6>@3JFCAAN5BG'@IF4:+CC()D=A@QA325?C4<@897>,:0>?D??>:CC;5/=>?11899BB@748:E>G=84<;1,==7L8=D<,A/66H=9I@B>C>?=?:-<99C=D?=6@)84@FC?C;9G=/B8/?<5C7:B;93<<>:BFEB?D3<=3C,?4@<>8?E3AE?3A>C9B5C8F75@?87@@=68;,??;;AA;7@@@;;5<7@3D6AA3=<@99;69?E@<><3:CC?-<;8:@F>?@<@39.7M9A@?F@2>51:C??8?.14<<;IG=7'5A6@I@E:A64A>:@=?=?07B>6=6CFA=7.DF;2???4A:?=9:78>=4@;=M9F??>6=E=B@E=>9>5C5= >CA>=A7?B-)@B:7<9>F;>>H;;0;>ID6:<7=A=5:9A19AF@8C=@;=9:A@>A=?D=A:-A=;<=6>B<:4F=4@;E80C?2:385C82@:6HAA?:9F2E@>8@;DD:4@7;7DD@:GC4=;@<=ED>B797??H:?B=@1CF4>A>6=F9=:F;=K9H;;9=?E?:;DA9M@:FE?>?A>>;9@G@:JBF?@A?7==BG6=7=@B@2A<@AB:DD69E:=E=8DB;>D?8B=G;F=?GD?@@C7CBE3AB9BAAK:?=E6?@FFF:D>@.B??89=<:>??GE78CGEA>EACCBBC<9H7AGHC<@@6@=B=;=FB9:GJ>7>C3DA6GABFGH:<;HACFADA>>6@>2:88EA5@;6>@HG>C@<:44:6F.?8=>@<6@A:DFC>F74PC4J:>A:<)H8>G9@2B;E;E08B><7?F>A>>EB?5F5@7CH9A;D@5CMJDD?@=7;=>ABEE7HFAKA6GA59JCG6E:DJ,=D<:E9@AAE<<@@9E6=;F>=9?J=?@FJKBEGG@=?E7EB@E6;B9D=G;>CCFH?AB;C;EA5IBFCDDK9FCJC>L?IF?NNG=EG;C5:ABB;>PC>A@CC?F1DFDFANJNDAODCBKFGBEG7>;BF=?;A;G;UJ==IE;C?HLRDN@FFHHKJ>I:HCBBIQIALGHCBYQD4AMC=HHFHG9GN7I4EGKAA<6F?HBLKLR:NSN:>:H@AJDJJCD@9FKFHHUI?JG7?AEBEGM@;G6H?GHCJF77FK46B>JHMMDO;ERCCCA4@B@EC:AC;G:DDMNHIAJ=DP?BLZ5IJMA>S:=IBAEH;A4=>D6MOA4@IBF;JHNC>ASDK>>AG;I?5@C1'>G;?=CLFA6>NBIDCDMDH2>C6D@=E?@J8<#BED:??D<<=?9@CDBDC>=G33B?A<@9H622@9B&AJ>@4DD@EF;12C,:>;B;9.G0=AH@7;:A9CCGD=H5GD>=7?3@CH;;DE@>?=;3>,GA=D;A66>;J<:;89>;M@532<4=98C@;?>BI;ACG@?7==75B=+:#0?8=;6@6=B?H>5;9=A4?9;A1ACDFBFJ6A@6;)4E>B<;8@>5?754?<>@@7>?-0AB<=9>@<>B<9<9=@HB.G@??@=ED>6@=G;5;=E9>=I9C;==A@0C?2BA-@5I8;EB@8-8A:<<:>=9?4=C:I=C@:=AAA:2?=9;B?3D1FD:.B><7@>E78+B.=9@6C@CAC<;:8=@;ED@FDA;8<-B>::@?2/A;AB>>A>0B17?=66;A<;>8<9>C9HBG;0A>C;<(D/?D8;BBI=C>=<;3=@A<;>4>0C8=@5<@?<6?AEH7;A?=$>D@BB8=C4>'A:046A;?:74@>;B9?CB@BHLAB@A>E>@17@@A.@DC>C<@<>>=D9CB=<>8>CC@F??@E0B;<>CBF??:=>G8;9?DI:<=HA>@@=F;F4AC<;8E?/B9=<.78@@;A=:E:B=>BA1@D'9;>:B?DC7AI=DC?;72?=?CA097DB8@@A;=DAD1A>AE=?/::;DB>EB=:D;9?9=:DC>??;:1E%8><7CC?D8E4FIE<;6<8FD23L:8BABL>26<=-=???9AD28E;F;;1?E;D=>?<@8B>K1NE::;>=??9>EA@E8A<:78?A@:6GK%<1BCB=@>5<<8DF7D;?9@>J::9DADCCHB@>;H8F*.77C=@@:=@=>8>BI4@8>BD@8E;@-?G<8?;K?G?@FFD>F:;=09>IHI=DGCL:GCBF:FEB=BB??KMFC@BB?ADDDEBGEMD>EA?B??4C<9>D@BM?CBB:>J@EAHB>AFB?K?EC>@CICEEIIME7NGD??C?PCRHNPW=?D>FECAIEF@FOMLDL5CHGEAFEH?@FKMFFL4IGKQ@BCDEDHHTHC@FSR8LDDJ?MI@HOWKEMPHHLFHPFGB8;>20C;5JGHHFH@>G@?EHVEGSCJG?KJ=>DAFL:GEB=8?BCGD@VDUL?FRQA>BN:AH9A??I;FC@LRP@?C1BT;IJFC6=C:(3@E3<.5D7J;7O=9DB8=<<9A?-@@?JLE<96AAE=3>94>D?GDC:GIDK;?>H/FC8?E5C?MA6<=;4B/,CE9AG?:>;8A<4CO>?7??E?NDC@=68CELA7EB@4@F<5,>A;?9D==H>?4CE8FM=C=6=3K9F=A;0?>DE>@::55H@3=@-??>A92ECG<<>72C-B9?67D:CE8.@<@;557@8>4:B=D/?:HI?*<76IC>6;<9:;4:>>A0=5A3E6ICBA@7I;69A84<>A>6E>?8<@C=4AD@D;?9BC>A6CCBA;2&B>B7;=E;?C8;@>9>;;@?>:@><@@6@8BGHABF>A+=B@;@C>;75@8?>4-B3A;:?DJ?=A93@?@52C:4;<>G?@A;C6A?C>=;8*858??8>=43:?4C/;F:7C<0A=?7;5C6=:566A;62-B;6:<>==>AA8>@4C.1?-=994.980CADD657BA@7=86=>G:E;@ ;@9D6AD::?5C3?D?81><@9988GDB:4A;DI9=:A8E:646CC>=;<6GH9@.;8:?;D1DC66C:4=AG=?<6?E@A4D?;B?>3A?D5EB7A@4@88=70DBB>?B=7:@5>::EM7A:=BC<5H>B;=>C6DB@:CC@><7F:@BF=FDD<:>E?47@;BA?A>8:9EA=:59=?;C:BF>=@7>D<4<@:;05=79>B8B8A-@?6<>A7A>A/H;8)>8@=5@>A?8A;??;B6=C:;>;I@@9:0BE<<@B@C:@773:3ID5C>=9;D9@D:D;=CEHB:C@=A:AB:?;58C><>9;@C8,A6;?AF>B19;649=>=5@=HC9CABG;DEL887A7=@A;C97?=A@C;5D?9DC8BBBEJ@>E>?J?K>BD:<=F?HDEBF:4BG,?FD9@FD5AC@D<5:G@ACLG=A:H@9ABAABHJC;<5?;E5:CBG?BGD@?JFABEJJ>9K:?BH;FE9CLDJBABH9F;AB.@>?EC@@MCB>@A@H<@>IDA@JB@E@<:D?HDF9=FB8D@@DJ?DNVDJGKL@=FBTGKGBHD7BH9L;BLGRMAED:L>HKEG@;OEDEIS7:EGJJE?C8AIMIOHFH@GI<4HEDKD3F@INCIBGB>;AGH9JCEP?HCI9BF3FEP8EJ2EDCRDBDI5:>HAJC3LGEF<>CE9L=EJ7LF855F-=L<9?5=BGV49@>4N@EDFB?<7:>97O37G7;.B7G>>BG<4;AHLFJO4>P>JKPE=G,/;B:<;>=D>BEB8ACJ7HE4H8AFAJ8DBE@>CD<@%DHBJD?EB(8:GA3:<8B@?A=3DKC?A7DAA@C<5;DIFH5+C)>C32@?;D@?ID;=;1?;:59>H5AD=?3;E2D<=5E7A=>9#FI;19?9?@M7@>51=>7?:4@DA7??E>@C<<=A8>C8<:B?=5A5D=>7,?B,A9>6@?;C;=?E=B:A5?4:<87;7>4@B:@A>8A7;481;<9=59A(>8=<3;<@@?8@>30;D>;?;;A<>9+=5??;B;:A8?A1<82>;2;:::9;>E9=8@EECDCA:>>>>GE?=/?<92709BBF>DF9A?;.7@B70B@>96?C438=CB=D9>:>6>C;1==:7$8C>=>A?@?@;@:>43>;1;719)D93A:-:<4B7>;8BC;>:G8@:4:7D>=/A==?9@.<0>?41=B=?593>1,:<9?FA3:=236G:,=A99?A=FEE;<:<;:A:*D;A6>'?>;?@E@=7@D?4>FC?>D9BDH67>=AAB@D;@C=67;B;=F7AA27BD=9?4=?CF>BB9>C8;?=:E9=<;<<=D;BG+E@6?AC:;2@;:C9?5>?K<4EDCA?F7>?CADH?;@G=?IC4<@5309D@8AD;8IAA@GH<8C@8CC?>D8?D;=:=@;F9?>EFGAHD@D8?8HCB56:79BKB:D@F;A9>=-<<@DDAAEAA@=@IHADDB=<:?:C;9A>AMIJ@@;C@GE07?;BEA=7@=>>9HEG?B>A58>BD50>=>:?F?@K@DAECE=E<99EB=:<@G9FFE=D8EFCBA8CA:4DD<8EG4NFIFJHA2C417:F=ACJGEEABBBJGBFDA??=I/(>9>DKD=3G9E=B@EJA<1??C?10?<=8B8C;7AHLB?CBCABKHJGI?8;BG8VFK=B>CBVDF?CFCGFL??K9FB9G;PA>?NG=NCFG=EDDMHE?FQBHEACM@@JCA@A7SWF>FC8C??@JLO77EMZ:JILOG?MIKQKIFDGH=HG9=@7E@B>D9C=3C<4?CGPAEK6FID>J81BGI??PJB?HLDB?SN\SEQF>F:B>IDGFL,FJD4BEJBJJIA?BVARF?G8H?BIE6EBDEI9DC>LIFL=EKCGBB%IEADKNQG9IRBI/B>H>5HE:=94AB:>8@>>=6A>??;DLE>IEHBB<6-:J;<3@BB2DAJD@?:D>PBA5@BFE4=4MB@@;BDD:D<(F68=?"D==2B<=??=>AJEK4B<A#>54:8=F12=>;3?H=A@:C:+EC;C/;<6;C<@AI>@B;BG98274<9;F95DAH@A(5;'A?<:8=;=B@:936>>>3,7F@B639?6A;A5;78@4CA2;;76@?6;:?D576>G?G<9I8@:B/?<7:=9>ABE;;F6-B@@=435A66>52A;:F>>;?;<2<3B4@;B>/:=?9D?>27:A3?1<928:99=?09@3:A$A6>>(;9@A9>9@<;1==C7>7@@F9B@F?56?>95C7AA1;@,2/497DE989@8;3BG:D?6EH>?DBB6>5GC9AE7BHA?BC;7@DE6>>:DB6J=<>:@;8F@=6<1:GAAABH8H8>B>@8=:?:;:CE1K9@?@CEE>?@ED<3A8EIFFEA8AB6?;F@@95:E8?:D<:?>E;HE3B?@?@F:@=>FCA,E3E9@=@G:DF8G@7D;GFGFH<=797@C>B>G<;5C2;1DA8AA7A>C==*BA67CB?:NJI8AJCA@HC9@9A<91D?D@A<:D@?,629DD>>;??=954G:>:?8EF@II-BD9:B>=A5FADD?L49@E;D?EFF677C=9>A>88BK=>8FK???:BB:=GA@C:6=GAA;C@>@CB;DA?E:F17D6<@AB=>?D=;>A@2FDL?CEEKI7>E@B@:=EPKDBGO>JD>EDF?GPCDI@AD8@JDCFAGD@A1;:8;=D?=4@D=;;:RO=I;=S=J?8DF>A==AA;LDHP>A=?CF@H>KHXG;FBFHWB4JNGCA@?HD@BG3M3CFCGAH1ALKMGIPDOALD5HFNF>1LOE@NN=F8;LOH>CEBMDHX8BHAEHIBHM9>@F=J>LJ2?L=AHA<3G5E9MA?A;BD==DBHNGJO@CE8B.C@E3NLFDL?B:ECDCCG6E9=AB@@:;CJGGCAIAFI8A;VC@47D5BL3@?B;@EBD8MA8A9GHDMJ@:=C7:?I>D7;>AA@92>:=?RBD?F>.82C<7/5A?<926?6G>183291F8J7?7QCKBE=9F3EF;;<2;2A@69A>?D4?.H5:@FE:C=C:5=.78D=:75>02A3<>=8B<<@=:A?@<3/@G<79?A5=@C<84B@E;64E613C@B?B3:==();<>/6AA;C=::>?==A3A16=>F>8>8=*B0@;5$??>56A3:4B/=1;;A;?A49<:C6CA13 C7>@094?FB54D?@8:AE@??6G=>>08G5C3:C36>8H9@@8B@A:A=?;::37;;..9>667?<2<5<>>>B@=8=;>992@?<35BDE=C@B9A=@=4=<67=>;;:1B=,>?>>C;A>37259879G8>.A?B@-=7:?5=B<79A>82DDC07>==<;::CA=4I:C?D9E<=59IC=8AF?24?BE9?:C;9D=?;>=;HF66CDAAAE4<*@F@.F2C>HAB<=DE@:?5@AEF?=AB;??:I<87<=EE3>?D;8BCM>CC38GB@D>?4B=;A2H:0=IEEBBD:=FI=>A@2?GBC7;BEF79@@J?:3;CF@@>;@D=BA8;D-@19G=9ED?0C@B:@74F9>AD@8D:E>=7E<:C@H7EE?GCA@;L@85EAH;-ACC:;=<:E@G:=7BAA?;C?<8;>AC>40>B?EH>AD>>:+@:G;::=HFD@DHA;EB???:EG;C=DG?>=B?IDFJ7>;BGC=DDB<8A:<8AC?<@:>GD>>8A9;C?A@9FDD@IGFG@I?FCJDEBBAG=AF@BJFD;F3;C?9M9E:3F>EEHD@7>P::4>0?EK=F1:FAJ>H>DB=FE=C:M@BC?@;@BCC<>=H@H;EF4FDCIA47CB@@@II>@I>F=A;LGJ<<@>7:/;BGAFAAKC?K8HA@4>CA:AH;ACDDFE8>9=A>>RD?JDADHGDHJJEBJJD@=SBMHB8?JJBJSEHKH8ETITCOOD>PJN:K>FM>ELGG;DCHGRJA@@AWDBP>DGHLS`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c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aed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d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`TPK@?;EONJd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c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n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
>A;5@?=LDF@9=CC<1<@38?==D;I5<4E91>>@;<@?<:>=C=>;.72A?3@78@@;@;E?>>D:A>AE=;GA.>AEBDB1E@@7@@=E?;D=7?2=>A5?2@BCGB?0<=?3?;?72:>6BD??@4CAE><:9CA@;18/D::9:>97?=?9>=8>68<5E=@BC;8=9A8DBK@;:7;G=?>>>A:@5@D-9E3876>D>:BC>JBJ?28;F887;6AE;=8D87.I8@1A@C2@>6=?;8F:@<<==A;>FF>>J.*E?@?;?;CC?G@/95;AE;8:6B::;@5==3>FDDABADDFD=92HGAAF@H:<;<7K=?>;IHGC>@=?FDDC84BHBB6CBA?=D==>=BABB===E@LJH@IA?DGBI;@BG9@CF@=01AEFE<2M9NAG7AI=A@?FBGE:BCASC?A9?:@CD<639C:DF>@21HFDONLMB>@AEEJHEKEPYCHH>HR=KI>@>JJAO^HELEQNICHHI1F@2A9@GD>N@JFAACAAAA>FN@=@AHCFDT=BA>GLA>E=>I=CA>@K5>5IA;GAMIJT?>A57=BF;?DE9GKP=G2MD=?7?Q5F42<<<;AIBH@=/@DDK6?A>A?=FCE9A@AH>=D>D5C:>@P88,@<1=1=?GF=H6?B=6+,D;5FCE@CF>?D15??H-CFKK<&B6ND320:@DA<>C:2406=<<>9.:1>=KD22/@;.=:8A78D=86;57=FB<9CA@E43:A5@@?@GC9C:=4E3==E682M251*CB@>*C99?;@>=>E>;4J4@9A<=BEE0:4G:@CA7BAE9>>2C3-FA039.==E@;@@F=>=A9CG>@3AC8:1>14>=@:D69@@94=>A@99/D2C=0F;IB3:=@C?>5>C69<@?A:865:G9@@;>BB?;B6@49D757:H@>;<;1C/,A@6K9H?4454;;;3'8A;@906;<<>?=B9?D)3:HA7:;957E@4?BBCB?F?<8:>IE@BA>@F@:A?<<;8E+B<?DB5@4?;:F?>89A=D67C;:2@;E44@;=F6AED?5;C;AG@>@8=7:<=1?;A?A/@BC:>EDC9,#08CE::>F26=2=AG98=;9B4:=5:H>GF;>L4D8;7=G=<9;@@CBG;?F8EA4?3CAD4A77::C>C??CD:;9F9DDC>@DF87AD7B<=?9C=@47?IDC9C;3B3?@6CA7H::>;76AE;B=6?GD99;B@=E>9@A9DD?=8=9C=19?9<<:?A7A>5@B>;C48>DB:C@.79;B>A=;;FA>>ECF1<:;<@>>E?=J;E98NB7=9FHD4DC869;>B9=B4=>B7D@=?9D:BB9D?@GCFCA4=BG3;5?9A1@C:CHCBC@>?CB97@:E8>9@5BE?6AFB>58D>=>B@7=:A>B:;2B81<>=4OC;AEBFD==A=F:?CCF==AI>=?;;F?=A04AC?AAH@D>KTJCFE8:?<-<>>C3<=?5A?B?F:@D??BB1255G@=>BE@1EC7A@=C=@>7AGC>=I?B:G=EBJM:B?BHDBEDF?FDBC<4=?@CDD=CE;L:@H7;E@FA>/BJKG;>JbGCSX=?ERRSFAAGCCH@CIF:?D>EM>GOR@A5F@E2EF;?>DC=M<8=9C;?QFDSGHQDP7-JEC;+=6?DJEGODDBH9F???ERE;BF?>DJK?C1ACKKKLEA=D9CA@BC:FB8AH9@AI7ALC<=5?=5BMD?D;=DJ/CA>D5;RA:.500C=41LB:<9A>=;6>FB@>>A)90>@5H8=.=-6B;8-7?@B@4,ACB67783?A@C>A/88I:DG<>@@A:>31>,0;/=*?>)9/5/?;8A>D5G=1=8'CEF&C7&:BB93<9C;544D=C<=.E38C:95@:>A>9E28A8CD<<7>=?8=ACC4C'0>@D;@=16A43;2>;@A<3C?=;3;?AB9B:=>B;/>>;2;9@C9A7:B>8B96@3=>?@$/>5AC4@C:=<3+BB>?>D=;B.4::;@8?C<0=9=;5765:1>.C@B9BC.D;;=B=A31I?;-BAC?B:A?6;<9&C8B83EF2?568CA8@?>6;.<+A?>(?=19=>8@8@ID;>7E9>B>;;=8==D?2?;;7A=:A=?9A69A5?BE:E3-951O>FA?4>:/=>??2/=A@:?5:>F:=?;??=C=>C<;B2-:C=A@EH@82CB85C>>9C4;4<7=+1?:C<7)H124383?H9-=?4>AD>==D>C6ACAE??:BAD?@:<0CB@EA=:=9C?==9AFAC?4;C>@43:=<9BA>23:9=8@>=A>;7F>?==8D89>;D9DF?A>@>5@CF@9?>=B;HGAC9<><@>7?D@>3:D15CGF8=?@==I@8C6?J4@;A@CDC@?C<::K?C7>95IBCEB6C<:A9J73=:HCGF@>=@B&F1CB/DI6B20HADIB8=48HB@?H>;AADDD=?H8@?B<77@<>=BG>FJ=?AC?G?AC?G=CH?E?BG>=I;@9;@BC?@39?7BE:56?D<=FA7=8@BF@BAAJ=5A?4D>?E1<9IBA7=:?DHDCE0FCA@BHA.>;M4?C:"7C>?@LBBGCC??PDE@>A<=,67+6ACB?NLH9;:;HAK<=AA9EFBECAFFJ<;?AD@CFDMA:A?F?2ECB:I;;>E5ADHEC?F6?FG>@>I>5EB=;IF?>O@FEINB7IHJHD6GJDHBEOF>9C=GVG<5Q>C?GCDCEIGD?JOA@NJRIGIFAVPSEDA@O9RE[:=PDM@@FMF?GNR@I@MLD=FE@KNKIIP;@G5=B4>;>S9CHHHAPB@FDIB@8HKKKCNDFRECCA:=:D>GCEUG=E6D8=HGQP0<7GBJKEA=CK88O4;MHN:8@HBIAH<>S5;:/C>:DCD?;F39;E3<85GAHF3/5:9CC9?8A?9D:=9)4*-64>A@2AB/8?>B@C<@=?6C4;I5;;@>G894-.9==925@<:<88C>??7E0<:5>A@B8;=F'AB4C=B@DF89=EI79F9;49<@=>@C/>EB>?:GE5A?5<;=?/=;6@5:/;:D?<-2E>E@7EC??:@CD;=;=9=F@<@@5@;?>>3;0A39<2999F<6>A??5A>F=0D,D=7M/?2?97E@FE/7@;9?<1-7>>?B>C4G5?/4>HD29=A2859+8>C58G>'<>A>2D693B=>@28DBOBA-C1>?>HA:>GD1@A=759F4:9=>5@;7?=C<2:F<53B@CB4=897A:@B77=E;?=CB=4=G=CCD<@<;DC:?=889A?/BA7GA?@A@4?=G@E>?FC?H<8?>DE=3:3;ED=D7??G887>7?>A?C>@+@>9@FB>B@D=>@DE/70;<57>BA75FC?9A>9=BB<:?H7;G@EAE>=4@C=A>AKA;(8:?E@C>B?B<<4@C>38H8BH=;A?F;,?D>BFJ2A?E>CI<@>=6@??18>I;<@C=;==M??::?M7:=;FC/6;@;DH<=66@3C>47:8;4;CB@=CDH6I@C=F=@@@@@J1D7:>ABA@=E98F6@@@;>A?A@?8B@>A8>B9DD;7B??3:9AKE>F3B7@>;B9HH398C;>@9:/;@AC?=>?>@BE9ADHA@4EB==CEC=@BB;AA?E=<=7FA:=V5>@BAA@E@JB?6=AI8A7C;:GF=B:FK>CF@AHC:HEJ?@<BA;>B=DFK>>DADC@FD@+>;B;A@;5@?;A@7:IKCH@439B@3=@7>E@FBF>ANGNF=FP6FA>4GNAD@?FGGC;G;9DVF:JH:?CRII75G;?@DIGD?<;=-D<977FED?F>H7LGA^>GZ@GLKu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a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j6?H>=J:;A@:BEEGBKEHE=DE=HJ5EFDG6A=>P9LAT6BMKQ:CG=:DP-:HMFKBF5@M61G=G4EC;9DEMK6>IM9?AAHI;B?BCCDM>CBE?9?AI?GABEKC?=>@FBGE@G7EK=/==AK<>GB@A?GHF@1C=D7;AGCC/8AAB:?+9AJ6B><7:G:8>@C>>?<;?=A7A@;F?E749@;A?CD:0E;KGE3H?8:BE?9=.JC;B>1C@DF@>@-;DC5=:E<@6CB>8B-=@7GDAH?E8:;HD<>;G5E@8>=285>D/;=F<9>2B;<6?<8=D<7>@>>FHB2=,;7=78=6=A>EFC@2c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a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c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a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dOD?G@NIIKDJROJGFHN>BJCMLOFLEJDPIDJCGJWFSQP@?DHEE=GM>LZOEBAHOHLIJ;8K=FI;8MAFGP`=JOJRCNDFAHCCGLV4AP?BGMBKFGETDEQJEH6LHHD/KFDHLIDDXLIF=DCERC7D9HGOD9KCKK+8LILY7M:8A;G.FZ:>J>>ODGHAE@ME<>EC85GIJCBAA:@>HAAH<@B:E;8,>6;@AC@;<$@;8C:PC?<=BAME<=38CNG;D=CHDDBH@BAC=;:AD=B=5<<84@MAD>I>=7::@:C<1CFEDO><=>F8=:J?AC?5B.C756G<923;CB>9>.8ANFHC=6?FAI@-B>E:AIHBD1A;;=>?A?CE99>3C=<>A?*=9C>?>=A@2@@;60F=-?>6A7+=;G919C87=7F>B<0B5EB@<<1C@?4E;??9?@>A@8B==>@F??9<@F7?;DC?B?+7=CF@;:<=A'8@.4>>=@6@D:BC;C>@8C=>@@=HD9B<:8>DB>@@<>?E=<=E:E;D?AB9C.B<4@*@>=E4E==@C*;BGG?:D@28:@B=@?6C@8>FD@A?AB@?CA72;=DAC9E@FBEA:8:>G1CA?G@@F8;D8F;F:BC:A=5=@;95;;=;H:F=4A9CHAC;3AG88?@@EDA?==G?FFF>>8B9>>D@@AH:7:?9<5@6C5J@CA@A;<>ED?=BC9;=H4?G:?D>A;??F>A@1AB;A=I9CBD?<@<=DA7BB?D:G=DDJC>BJ?AA>?>;;8F?@>?F?=F:>4B@AAC@=>1A53=@B9C?<:,BE7>9;=B@1A>68:>@@?>A?5@CB6?D:1@=6?7H=ILFBB:C@C>?HCB:?A>>5I><7=;FGBC3J@?C>=;@GCC>;=8H?<@5EB?D@EBOADA7ED7O:K@DA@GA?D>A?E8J9@5BAB@BC?DD@9;5@H?@@AJGFBBCB@5C6B@=C4>A0ADAA=H5@DHDD6AF@@?B>7G>=(CGF>BCABQBFFJ@.;F/4KEC>MG@1A@GEFBD;:EFA?@?IFA=J9BFE@-?C9BCGC@DJ?3DB8LBCBEC<=IFCH;KB:E9HMIBLBCC=D7D@6L>A>LRODHRL9HN:HMKFUHL;@I9KLDNLLCDG=;>PRJG?/RPHDBH;>@HXHN\AH?IQHJKVKTDDTEIKIMH=MF3WF6MSRQ^PAILDFBJI;H>GUHOEBLP>DJF?JCL?H7ZL>?D@E>66B@6JT9:=4DHFKA7APJC?ERVJ<>A=KWZ8JH?IWRK=HCI?LHEFD=KBMH;L?=;599MIF>HE?KGAG=BB;AH@@?>G>ILEJ8GD>SL@BGA3>K7=EAG@:FA<4AGIAM<9:G=A;MJ>>AA9BC=<>G0E>=@BD6;E?MA?A?>-E9A4B:A=8D;:C>ADC9?C8@B;I>AC':==7:A9?@D420B?5=?E;@C8<@=C@992@C=?7@2>@9;>3B?FBI8=3K4@?4<6>D<2E:C.;B707<:):A04;B5B2;F9;8:@>>J;=?@@D<<96:4<0:4:;E0/91@>22BBB>F?<@;B@<>@H=BFG;?=7@A3EA541HDD>=2F>2C@42@A5:1G;G==DDFEH<:,,@F<=@?;1BBB/2>2C>?E0:6FLE@25<9:@B?>D;AE@F4:8@>>??<9>9B@>>I=8=:1=<>A578A1.2>1B69?@<>94=7D:>BC>?;@>?>5:>?;7=@.9;,?A>>D=9=78A1D7;;G89A50AAA6=95A268;=A:C=D8A?>ADB=GB.JC6=@D:C8@2=>A-BA;5<:>G<;IAA>A;<4?@CIA8>6AE;:?EAC@@?GGDI;D>9<BD8:CD,9C@@7?=:@HE1:A@9C1BB>?4;B4@>;=D=6@;6B68H?A8BA=66?=9E>:?:@@6?>>C<=BBBCCDDE9B@CIF6B4E@=>EC@@*<@3A;=AG?C:<CH?EC9=BLB=@>G?FD87C<>F@F=HBCJ4;P@CHF-;EEADIC=D=F.:D*EEA>G>>82,6JH3=:0BI?8:=48>=@C>=FA;E;7H;=9A4=::EGD;H9A?>-8AHGCL8>@>F?ABIDFDAB@HEFC?H<:@;C79BFE>;BBFESEB=FF7=@AH;DDD:9>7ME9EJKG5;AG;A5;BC7;CF?J?@I9DC@D7@DH@1>M0C>5?:?=GBBAC<:HFCB@;FG>@JCAB>BHJF@CIJ?=NAEJ?FFJPND4CC>=EIGH9I<===ABK8>FDADEUOKVDF:GOCGW3GJOZAHDJ?ESP:MSOAACJIZZG?H?LIGGLIKGECNDC;KI?WB99KEFFGMEJCEDAC>OC?]G?EIRFDGE@@LVKID@9LE=G=WFGF;CDAN6KBSDIFFCAEDD5@AD6AJ>=B7B@LSOO<>=GL;@@KMBCJEC@\=DILIDK>?66EJICKG6QR=EFNBIMI==1B;==JP?BC@?MJFI7B?:><G:I@A@>DEI>60BKIG5?E:7F:@B<@;D>M=+JCB>=?K.'H482;H5IQ?6;?I8DDGM4B:;>;C8LGE>G8H8.75H+@;96>=>E@B;ADA;CD?>;79B6JA@E<@AD?G56/=>=E?8;6;H@8>K=@:1?16EC<6,;@A:8>@<+CD<6;=8<-?1D.7<51BCB1J13?F9EEG7GBFAFC1B:.5CKA@D?@0:>D;A;>3@C>?@:IL?=B=ADBA@72/A;9>;?>4C88EH;5BA@3==:D<@A6BB>?>F4@?D4E?96;9>ADL/;EE<=;E?971;A-<>@AE@@D9;9@=<.8:;>=?4<=:=?A@:B;@:??;=9><7>>8@9=:7/,?AE>E@6@5C@;4CBB@7;;B??;-A>B:DCC1:=:@G>?JB3;1F:9??65:1F-8F=?AD;G;;C:>B?<=F5?@>D<=B46@>D><=4?;@DCDB;C@?;=GE7H==DBC48;@HI8C?C9:A9?DE;=:>>E@@A<:;D?A;DC0C>@=FDC=@GBC@J:ADF??86A9=B=C;9BB?8>;?B@A>B1GC;?<4B8?;HDED89BF9A6=CFKEI5@?>:<4CE2E<;?DBB:>>CG=:B5E>7FE.H@<<=BCEC;77D@>>M9==GCE6CF=5@H;@=E8>6F@;AHIAB5I@?DG1D6C)AJ;AAE9B6A;=@BF9-;>F=G8;><>A@@H><=BBG5=MC=CAJ@EEFA,@F>?@@>=DC?F;A?>@@E@FIB6LFI7@>@G@C?ND:A?BGDE>=S?LHN?LHN8H@SGEG@LMHOJEIKHKKIV8JOGB<;A7=8^DIHDJHF:DIBB>7L>AEC>:DFNCDE98C??JJG?=;J>IJ7B=86I7=CB;K>7G<@BDDGG?=?C6<7>>9=5BB71@:B8<+@9B4H75ABA?>2?>;@:=F?CA8<.@EBEF<:=9<79DB?BDB?D@<=6ICCECC?7A>K5CAD=>99>/=5B1F>;:=26?;?;EC5.IEBH07=:7=?A?9@6???>49@?9C4B7<48C9=?CF@9>>A>=ABH=@9*8;=82>8>;A??9AA3B>:=-?E=@CI.+==:?G>=B>DH9B;C?BBACC4;9=C8?7>>61?>B;:5CA;8::=E?@2?;BA=@B@;FA@C>B6E=.:1;4=A.*4>7@>??=A8@=D73B0-F@<775/117FCBA>G<8>=:A-EAF==>@875,1GH?8=>FB3+=9A=AD>EB?A@A@5;@8>C=7G;B?@<-C<>A39;A1<67EB@D?H@B?=68>2@A;EFGB;=9DC>ECAD;J>CB;@=CBB@9C6DD<@DE>@EDBB=EBE>ECE34AAB>L:D?DA985CA6*:??B=1EKBB<@:F?9BGD>:C=AB;82/BADIACA=;8JL<><?>:?=BA57=?@E?D9D>5=HD<@DC:@A4:GFEG=:>4E;9:<;C=H=K>4FF/>B9CB6B;B?ADE?=3@?D<@CJA=G>7AH?DA9CJ1G@EIKA>:@2G4??=BADBDA?=FKAA?@6@D<:;C?D?<9@GCF=P9=I??/>0B9EK;=<7CC@A>EB=>6D?F@0?<2A0D?9>(:@E@?MD=>D;;@5F?>G;A>?6EDAEDDE;LCD?I:>?C=BD2;987F?CJD;GEH@9E@<@==FGAH>?;=@DIBC<=BD@43JEF>H?IGH@E=EDE5==F@@@BLR0I;>AEBMPSIQC@D@PBD@FHFFYR1DG9CGFQDUCEDOENCGSMJKMAHF>NXYSC@KORMILFGFGPNQE9:J>EH@MGDF5DIL>D7@DG<+=EDICFIDAM28:<<:DE??6@D:JA,E;GFB;B?EI8;A?EADHHB<<8A9;68<@?EI?@97FA:1AC7C9?=F0E=?J?=C948:=F@@E3BB<@F<@==1JBHC?J2O=?KKJ0==<34<<>+DA/@;CC=0.0B@<<8I7AA?CB9D;772>???6<<<68@AC:5E=DAI<9DC:<@GF3?A?:6,:78988D?:??C@@7G??D?>>979/5?>9AA>:9E;D=93D=;D@<9G===;@<@<9<69C==F>A;8;8D@@82<5AB:7?=5BA@8=>:EE3>=@EBBHA:=4A@F8;M2=9ACC=9:9D?+=;>;L<182@B@8AA>4?>@08A5==>5>4::>>?>>@;<8D=C=@A9A<>>=A>=7C?74<@67DCFH8@9;@LGB:BDFM88DF>9>>9B=D=8CGB>@A69E1<:@9?<9@?7L>>?:@B8I9I;C>3<@@F;ED>;A9:A>:A@F7C@B?4>2M@DA:>G>?@=M8CAAAA?=D6><>?85F;C8;EAB:I;D?D=<6B4MA=?D>A>==8=??:N6?CBA@B=5;FC<=26BFIG7F><<:DA6E?@@;GB8:8>C<>FGF@=@8G9>>A<9BBHMED37<:79?;>CF<<@=@D=>7BF=C<@B?@ABB9>F?4B3A>>I@?CAG9;LEB=?@D>,6E8=MCDH;6F@=C@FF2OMD@DD:,F>@G>@?=F7AJg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`KCNWD9PFGMNF>AERMG8ONLE@=IFB`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cD?NKSCK;LJ@OFIHNMMHIJRAZF>AGJLKGVNPGLC;EQEDIMNL?SYUGE3KI8KHC@L??AEIIYA>APOCKACG?@R@JB/AB@B@EICAED=4D6E:;EM>:D25I=>>>C?E?FE=GBCDB>;AG?H78EGA?G@DHB>/MSK8FC=S>CDD=E>>C3@2?CGB>:>=9>?>@E;AC>>;@53:;I0C=25MC:>8=@M:D;@H35=I==FA?7@6;BC3HL?CDC=>E=<;?@=<@BB;ADD8;29>?DH8BE;D@:CA6C>@;C9@HA8@8?96=65>;D8@A3C@::5?9;;8;:9;;AB9H;DA<6?9BAAC4C>9@BC@7=6:D<88D<<>?D9?976?C:=@BK=95;=HG@(@FE597@25D>;L@/88>6A<7.@;A1==A7IBA@>E?<252>@;A==?E?BD;E?99;6>;;AD=5?@B;=A@99KC<=FAD5>AD=8DB;<7A<;B;=GA>BBHE<<3A=J<::=K5CBBFG;;B?CJ<@IC?C?FAAA>C9DB=FCB:EFD<=G4A@C>9@@=><=.A9EA:=>@L8I@?:<@?A?9;A8BEBC<=:8@:>6CEEAAED;;EC?>A0CAC:@@54C8<9HB=5AC6:@@?:BB@A>8A?;@B;7??F>?@AH:AB?A@C?9-=B88EA>?A7=K:;:=<8?B=BF-A:A>>15ABC@B?GI9G.;?7IJ8@<;E86D:?=JG5A5;A25=ABA*>D=5?DD=B>?LA=94=E3C;58BE;F5<4CB:D;DMBP?DDD@EEIEDB9D;@EE:?>:>E@?A>A><;I1>CHGA?=ED<=C<;ADH5?C?BDJKIEFGDCA>DFBAF>G9=BH9@C@A;D@CB9>@F@>A@@AF@@85K5@6CC@IAFCFHCG?EEHE:C@@C@=78GFJ=DMDFI@FPPMJO=>@LIH7>BBTEMYF=GME=0BCNGLAROEO:LBOBNDDDIHF?ILLXLIKVF?GSFI>FBGJ>H[CPK=JAIKCDD@NDSHSH>DJMKEK@LSOFE@DSQTIM@JM6E:B8:C@<:OOFHINLCQQ6;7CH63TK@EAEC9AI22LIBAMHAABCEVH`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bQMEG5=@IC?Y>FOG@FBBJCYEP>HTKGLY@NCOGPN;IFa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dAEEE?@@EOBOUAPRHHFMCNNKG@E/DCHJGFDG78LJJH@>AAGE8IFIIBE@M@B8G?EQNI@;=JIJRTI7LFAI1?HJH9CBNE=>?EKS@AAAFF=:>C<:2E?KFJ9A>GCK@FBAE>@83AF;@>BA/>C?CFEF8GJE<>AHG8CA5BE<638C4:@C1C;ED73;:@:98BC?0B=6<75@;>BB6C>>:8<@>:C=C8BF?=BOC=7H?=>7A>@D=:97JB:7D;>3@9>BBEC:4==/>C==A5D1?<=ID5I==B<9@A2<>59BJ?;LC5HBBH@:EBK9@B>?>FE4CD;BED@JLG=CB99?9@CAIK?B@90@G?AC)>@=G@BA:357D6AABA:CF=>?GE;?B>==BBDECC.AFA0=@/;9CHG=AGC<;>=9=;AE9@A9>H67=?CBD:DD7E;4D99GC/=-A3C:=G@22F;3<7?BD@E?GCHE@7DB;7>.<:D@@GAAAD@C>?HA=KBAC=D?D?<9BC?>>2AA9AC9E9AC9A@?D8;96>A4)DEJ3A:6B5:D?9@9>/:DB?B@F?>?D;?6?:B;A;=@B??>CEC=3B=8>A8:D7B?9@AC7><>A@:DEF<2>9BE;?AA@B@=CHJ@>AA@D=8E9?3=?G-;A>;?;B?@A4?:>?C=:C9F@D8=6G4?85FE<@9=:?EC@>2BBAB8@>AA:8FBB=FF:>7F=A,?==?ABFEGF8>:?@>;6><@9CD<<@?G=A5:A8JCHB1I9;C@F8?7C@<6A==:1??CDBDAFDE@D@9E/EFBE=D>JF@HD6A>E:DRD9EAC?6<:=8I?K;DA:A<E.?DAFC@?2C1AB=JBBB?D>,FDHJI=A??@?G?CH6B:@;A>C=AC:D>@F:?GHI:F?GC:FK;BBC>2?;FIB=D=;DHD::I=D?BD?E?DH49A@EH=DC?AET9F849?FA7AD@<6JHJ6PPNE8KFC>>KBMM@KL1GJGCLFH>?FFZTJRRIFMNKHLELQQTKVCCMP>BM>;JG>PIYQVFSJHM?HHWN>KQGEBRGJFLHPFE=J>EIQH<>DFJBFCXQ:\1??NINNEOL4LFEL=EEPJNJN>CKNKN@M?A;AH<4K@B??FGOFIFHNVH=NKDIJCRIJ=E@<;?@REIKOAI?:JCJEQSBCB2OSBDJFLNKK>IUHMG9IMRT@7:QM@G^WDHFSJCMHEAFCNF;7>UWF?DN@JQJFVdDH@G@>;7BWQBFJMJG8C9@N;@DHH20@I364G?LCDE@=CH=A>C9CC>D:BDK3JIB>EB@GMF@EHBF=?>ACBAFA299DAAFEBD@DCD:?8E?B>?=HE?O?:7DA@A1A@;L5?AB?D9=@<7@ADTF3?L?DC?BD76?=66@?A6JD:NDE<.?;3>/C>78:C@996B>8;4I1B@DD18A>C4==:==6;<<166=:B;IC45+?9<74>?N>>?:C7==0BB4B?>G>?7C9:3J3D@0BBADACD9>FB47>=:C>CG7IC3C8?B9>8LC4(:;.A@F8>@716A=M>@??9??43;DD2=@B6>89IB=?F=MA=?;;BEG3?:@B??;C?<;:>==:>@A;D>F@9D>:BA9:;A?@>B=7,DGAB17@3CC+>/@8@;C?=6:C8:EB=C=>8A@75=C@?:<9CF?:48FA>6DGE@DAA96?;(2C4+@ABC<=.:DAAGB?B4HAIA@36/E<7?ADCB?H:C49A:>F>:CE@7E<@C@BHD79>D>8D??E;EF@>?;C8BCGBK/<>H@E:;AF2=C=8C@9EAD:;>9<@/D=<@3B=A4EAG=/C0B6@AC?>;DE8FE<9?>J;@>=8?G?BA?D<:@7HKD@:C4<:=CA=?=/==7@<8@I@FHI?87=9>8>C:@>7A59KBB;AC;@@91:+C?9CMB=.C7@;EH<;<@0>>?@?<=:FBDKBC=:A8IF?C>I=DB?A=D:@7B=;C:A?D?<:GC7>?L>>@?@:<=5BJO=HHAD@?=B=@@AL<;ED>@FA4IAED??;9DF=E=57E;=A<6QDEFNBD;?A?:H:@>@LH7K8GE=A?>:@8AA?=5=5DGCJ9>=FBGG7GA?9:LQKANINFAHF6I:RBBJDINAHCBVFARSQBJGEXCA84JF@BBLQGDTESPQ?EI7BMRWHYNL1COBJCG?CDJ=D=SN;FL>CT][;PGDIa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hO@LTCLN@K;SP>HMHHDIHJDXYM@N;>QSLEB;IEMJJ>MCNPRFPQGQBPB?A=ADADIRMLQTJBFQG@9QGJCBIGEGPFKO@>C?B?@LHJ?NDFGVVHHQ8NJ@KOITUCE?@LLK@LEH^BB8\R;CCB;BIEh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`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dSB=5@B@HHP9IDEGIFFLAMCCJ;LMCGCCGR;>JOQK?@LAMIE?LIPIPHFHLIKJ>KH@KDGPEG)FI<#DBCBJG>IGLFE8I<@NaR>GLIZELRBDMdRVNNBN>JHJ?XOJFSLQKLKJNJHDIFGI6OBCDYIOQAJGNFD>@8GFRMK9A=RBIN]M>OV6JBJ5BfLB?OAMa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f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a3`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bEQTIPKGMNCRHB=>=13D?:DBFBKP:\JHD1DAHE@BCTPJR[KZLKD:UBJA:E@E=ONCE:@Gk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d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u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g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a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`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a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f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aWZ6RUICFFHVIFMN@CFG3*D:LGGQ9DACNFPL\;FKC6>JFMDFCI7<>ELKDFIVMMDG@6GW^BBAG>9;D>?>B?HKHf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d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e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b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g?HGIF0L=9;QKKESNNCK@CMAIC;PP=5FBDDHRG>RLJ`IJ@H?HRMHYG5?R:NKPH9CJG>OMG=I@9@/Ib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i]•“©’¤¥wdrHD9AH96@B>GAJ<>;>GEA?FB?:E?I>=8<@B?;>ACCB4?DCCGH;??78F?FCHF@1H@:9BH5D=@=ACA/:1=HA?0>E>;B0FDE,>CA?:?@CA@KJCGACC4??:EAAG;;DE:GELEHA;HFREEBE=<4GBDHAGFC>B?F>AF:@D:=D=>A7K8D@4;HBBDECA1K4168@DK?BJ@=AFHBDF28G6>C?@H?FD==9?;E;JFGNCFF5>59BEHHJFFQKDH;M=J=B?PFBB7M?FDI@EL=I3HAI7NO?_KNKCGLIM=IJ:CABIHEc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dbxŸ¿ÂåÆ¹Ë’€tV:EC8C@>8E@938D+AC><1@>7;1<;?=?;=AF=?4@B8>>CA;C?:4@7;5B@I=9==>+ED(7FIEA><>A/E@CCI?C6;=>@B?D=<>3?>12=B65F?@@>A6BE;?A?BOCF<@??FC+D9P>A499C;GB:D@>B@8;6?ED?FJ=?8-9C7D7G;<6@2>C@E=BLIH<:B@>9?AW@:>AB=HC;EBADEFJ@AL7F@?L>;=9@K?4GT@;FECEKGB:HNUQHOMHQLJCD7RAFK9DCHLSMSFIMHNZTO?IJZ@GJU9SEKDGDKYL?@CCKH;D54=JGA7>7>GCCFE@EKEE?B?BQDRB>HFIC9SGOLHH@MIVDM<]SMHPb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aiÄÇøíÔØÌϧ¡€bL7D=8?B7>=H6F<6@==5<=EEC;A8(@9?;??@E;5A;A67?5H@9EE?A6FEG>5/I;I9@>=@=<>4CA/:DH<@1D?F@??D;8==8HC7HA:>@>7C:C9AD>50=6E.E<5BF:6EFM7=GFJ@:AA*6C>L?0DAF<>?>BF;?C>8QA@CC=K5DBB?AE>F9E1@I;?IU>FC@A=A>B>=>@77AFB@3I@;FC7CDN=AEA:B?@3?CF>4;E>FKEFI5J?LC?LA@FL2MWMUKFQN?FWQ^LGSI^HBAGJEPBNLJI7IRA??KGBDNO>EXLJDEKEA?AIPJIEIFHWDL6K[JH8GFDGRUJBSDISSFo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d|™×ÖÿüÿÅ­ˆŠWM>?>=CBC?LG6;1G?7:6=5F2IB??D,ABGADG95<>G;82FC5D@?0>?=<@1B9BEA6=>/=?6E>8;G=A>=>?8?G@6;AD=C5;=@4?62F>F@@;=BA2D<@G=<)8<>A1&GK7D;DEAI4DCIJA?C>C;4A;D;AIBE4@=<>8>::BBC>>9A4@<=?;55<@A:2??;@EC@>JE3CCE;BB=E>@?H>C>A3=DDE5?HC=/B::ACL7?BE8@97:CJE@GC=G4H@?@?L?P@MJIITMLLS0RRB<@6FPFHIFLOHJGZ:FE@B?>GWBKIRFV:BTHH<@RCLKAGJGH?FDCJBG@@.9CF@=5C7KKKRDADGAIIXT>MMJJHJEUIMGMSS9E87KCELq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yLNHDE9Q]=COPHME=@GHD>LG?BJH>ECMCJFMQKRBI5FLCDDQHJVD4P\HTB>>6D.IF@PA>00ECB@HE56:>?GAFC=7H?@EKI>>4AMNPQGF@G@EP]S?LHJFNQ?DJ?DDP?L:UII_ATJ=HFHPJGML?KMTOEc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cICK?D>0CDJAJBBCBIJdSBFGDKCBKRD8DIQK?A=@A=QL;OBFN?@BDC:GCJ7H=FE?7D;D2DFAN=B@GKDMDKIFN6HE?HH\@CFAJQLGJDB2QGDC:FMING2G@DCJED=B;@?E=FOFF@EECAL;<6TJ5=O?;LFK@NLFDDLKO9>@CFI?DJ:>F@MCE5AAEBAA>8=AC?0G,O@DK42;C?CG8DM<:E@@@?H:HEC5:C;;C<3;A3?,DD43@>DAD=?:>>7879J,3E:G:=7<;';@;B43A;<2AAD6=AE<4CCFBA6D?FBAHBDHA>A@E*?6DE@>AB/GF9@G=>=:DAH@5GBA<97AAC<>?>C8H;D:CE5@>:ABCD@@>D?@ABH?6AOBC?A<1E?@:A??AJ>?I;6A9H=::>6>C??B=1F;@;98>9B=AA?8F;4;>=3AH?BFBB>HCDBAA@<@8;<===9DAC>?@BDG;==@?=8AE<@D4B=>?B;7DA>A4?=>6;=>C9??E=87DB@LL:IA<.??>DIB6FA=E@AC?E<@EB7@?C6A8D/?B7E@7F>>;==BBDD?;DB3E?EB=D3FAF?;%8@B=F>BE9?>>8E@>3;5FAJ:@?EEAA?6KJ=>@.>B8?:>>30>?:DAAD=E=9?;@F>>-:><:C=H@@6,>JH585B=4CG9F22@?E>5DC@=E>B><>AC;9F<;E@7B8CBE0@;9>:C8E7E4?>@>G4@8;?5?ID>7.C64=3::>7@DBG><;K:4A?G9ABBA>8CEE>B>BAC5=@?D@=HG?DED5BC:??7?.=CA88FA=D:;E?GC>A?;2@=C146:<>::CD@:<4D>;=BBF?;;ABBB;:C=4B@=A@C.A@FI:C=-J:@>;A;=9EF69F=GIBB9@@@=88J>=A>A7:<;CCD;@B0A;:C;?18D5@C=BBA:@=JDA;=DI4;C2;?,5@C<98/=5@:L6;:;5=<09>E>C7C=HB;?B=HGCEE;1E?7A;GBG+>>C8CAA?6JG8G;??@=>DHC?OGDC;N=LAB4AE>>HGJAD?IN=?EFIO=HAAGC@AA@BFKGC?K>I>?JEHBEA5FLFLJL@HMPCP7ICKN3CJE8=JINAAPCED7:@??AO@IAI@AG9>G<@FCCA.9>>@>RCE=C>:I@B=LJFLZS?4HLBLOJIREO=GFCGJ9FIBPOCHLHDBAD[FA8KCOMjGLNLEFFKHDJFOPGXHDVNFMKLR@KGTR>GGDLD@CJBHBTTDOCCFMGDA>HKCHFNFFJHKEJQ?ETFEKH@>CPC=:CUCLGNFG@MG>EG?DB@K@EBMNNCEPBHFA7;FDD6@=F+FCF4G=?DBB=>EEA9CCDEC>BAB5@G3@:DC==B@>@<6L?BA:M7C><0>:F89&D7CE8=0@>A?D1@E6>8DD=7OG6GAD;@/=B-,=?HCE>>@F7A6BD<@?<=D<<97>5C5B<==><4<:>@5>4=?=F-MD@B9%1;A?=GA5B;?D=:I58@>BBBB824@=J>B46A===B5F@AEJ=4A@4>D>.JDB?7>>D:IB29F=@BJ;>4;4@C,;/AJC?E@3?E7=C8?C8DF?<>?8>:>D;:9>G@AB7?@E<=69@;:;5@?AC4==<,LBE4::=@EA<=EKBA?A:F@F5E;57EE<?3?->7AAD;?;7?=C?DA9?O?B=<=ICA@8C>9;EC08?E;5@6:??C7=BFB=2+;D@E71>G@5>'=B?8>5EE6D>??E0G=>A5>A6AD?A<;A04CBAAD;BH<>:>4FBB:1=9@1H>FCI4@-7;;=<:A<;-;>:7A75H897C@A;1;B@B:C9C;@H>=D>AB@?9/CC==;F>B??BH9@1B<2=*C3>I3D674:EB99D@2)@A=@C>7=5*5:-;=?64IH;D>?0EG@<589AD0189=;B98:4C>??7>?@?D:;=3@:7A7>>?=G94?C:BF:GE:A@>=?92:A78F8?I0DFGAK=BEC>EEA1D>E7H:A)>?2F/6D@@<>:;G>@FC?;BH@>??I5F@?GABFCA.?NBB1J==A=EFD=9J=CF<==?=<784AF>>@?@AN>G>HD1EF7A8???J=E5AGEECH;F1@IEB>;DODLN?GHHI@K;PBB@GVXLD3ECIHTKIBDOTG?FFEDEK:GKJC>MF?CEC4<=5FOJ@DLC?E>7>G8IA;FB@@BKUG?=SC@FO?KRXb@DCQTQQPEGRC;PQICH=IHIJTDL?AL;=HAFBHCMILFEAG@KGJSGFGOPPJFG;@CE;:9DF@GQO;BACGAB>D@CE>FRJP9>4=CMG@29@@EA:@9F>BF?E;F=GACCH><3B16>>>?CDBDB@8EG8;D5=DZ7BEB>GA?CA3EC@AACH9K0/@COCEDDB;J67A::?A;8,;7:?9?46@B?E=G;O6CFD=7C7H7<5=;A;=H@<;@5A=>DC?G9DE6FB98<:+;9C>7G'@EAE9AA4H/?8>DA>?8H@>D?.@/7?>DEA2@/AC<=7=8C8EJ4;?0HA3E;C8?588A@;@8,>93=C@76??A;2D/@E5JEA:BB7B;@@>K;7<>?AHB:GB;DA?;C?C?=?9:D?A>B@83=@=4E=?>BG3?>B9<@;C9:1:7<<=D/HDBB7H@M8@<@E7?@:>4?=@B9C>;?638?>A=<81;A;5:==ACEC?G<978?>7:5/D@C4<9=+J>@D3>?5>@B>>9=D?;DB@E@7A7<>?=:A>;@@=;B;89<;C<>:@4C4,@JC7.EC3C:>@EA9:@9C@;J>9?F0:8DA>3BA->3@C>@<<7>?BFCA,5>D:@:=2;8?:D=@E89?CB->;=FA:A>H9:7F5BE;EI@>I3>JB?2A>D@8???=IG<5;/=B43>E=@4.:?F?/@@7390I?C>47C>;=EC@=H:C75;A=?;A?D@EMA:>G?@=>@>/AINEGC>BE:BG?@B6>88>:=EH?6D8.F6=714=<8CECBADG7982D=J=;?=DD:CD?@B72?=:>7::0H@D::?1:D?;KL8A9EC?=@=?;F=EJB>;?:HF8@<;>F;56?E@?=GF@E7A?DCG@@<5B@??B;A7EB9@EA==0?ABBAHA<4A.=DA;:D=ICC;A?=A9@9=BE=AB@:CF>M=>B:9HIBJ8A5?BG;@?B@?='2DF@G?B=>>BANC9>=@2E5=C?IB:F?@B?>>CHEAJBB@J>@?6H?EA=BFF?C@BII8?>I@AA=LHG:@>7F;BBIKEA?H>=@?>:HFEHLC=;AAJIGIAEGN@EBEG??FL9H@DBCHBCFAOJ@?OSGDF9RER\G6SHRKLPP6JNBIB>HICFDGCGHK=CNJSD^PBJ?DBE5>KLSKCH3=QGBNKD?AAHNLPL>8=K@>4AHABA?==C:A9<@@9::2*@??@F=DHHIAD=E/@?IHOQMNCB?RD=JK6EJOQFCCU`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aQNJK>BATJAK:PMBBIKEDJVKGIID@QGD>F9CCIKOCCB@=HVT7JP;?GJFCFLBFN>BFHLD@ADHIH>ME6<>AEEMD=3:DJ.:>M@??FB?JAA3I9C8:/;4GA4C9>?D7OF=BG8B;B7CC?>E85AE<<=1;?0;B:BBFL>5::F?E=>1.?9@2B@?<:?BI)@5@=A=@>=CEKJE1>?C<@9AA?9@?>9;D;@9?=.C=>D9?@=9D=?>CD@@A:HE@BGA/6>2EE9BFB@@C4@:==D?FC@9:861I>+F@8>6?HAB2AB?AD?@@7>=3E2=>H?JDED===?4B>AAB>6:?DIC->;?C;><49=A8>;CI0?>;E84EH0<:3/:25C1:=A:HA96CB8=>55D?6=E@=AD5BA<@?C9;=@B<=B@BEA@;@@9AB@@AM?CC9<@4;8@6/:<54E@68==AAK?9D8:?B@3<>C=>9AH=AD?5A=>>@@>>DA93?>?BB:;@AE@;@5BDC@<97A@=<6AG6@89E>D:5EB7GD>?=A?4<>JD71I06=87D=B7H&AD:5>7667=F:;CCBC?CC<74D76A=2G05>7;FA9:7:;?;@C?8AE:;FEC@AE?D1=?5?,<>@:7E=CAA:A=?;@><=N<5@@<>D9>FB:4:>;E<>A@D<5D;>;;?F?3=51=:AB76B@A-AABC=BE=AEAGB?@=<=4<8ADA?CH@B>@F<9?C>?;GE;8C>B5@9?C*D@90B>E?B:BB?CD:5GA@B@DBEB?4BD1DFC1EG>AA>B:;:I?G>A4O9?9(KHD7HJ@B@A=KH6EM7O>4;FBHCB;CB=RICQ;JCIKLB6VBBKACO=NSNXOGAA?HN.DTQL@Gq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a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uB=2DDEAEJBAYC9GEIHDCG:QJDQGL8:J@:KOFN:EICALEG;?'QD=[FL=9:B?BLGTL=IC99KBA@@JGESDIJI=7C?9N4I7@AFHCGC>?MA9HDNM@B>>EB;E1-A@H68U?BC?BAJ5BDLB@=D9E[AG:>AJB11?O=?LIF@?7N6;DC89784@?.G:;<4EI@2@8B>D?KB;%:AGCL@E?D>88AGA;;G@=;>>7>D7<9->DD8???F=?BFBE7?C<6I6=5?@B;<9>:?C?=0<=5B7@?B9:10:B>I<>@CH@C6D17:9)?9=A4=7:71C7F@CCBD@=3>@9C9;>CA;??:6=D==35>:/9;>BC9:B02>92F<;@9>;>289@;6?=B9F9B795:@A=@:8H:,:<:=:?>879>8@9:67@9:=;CH?DCA2:@=A@2>:=C;=:BG>C4F;==5@@=@3=E:D;23D@8@=0F=A9=>;?/=?8?D;D4F@>F=@;?D;?@AEK:=0?>80=<:=C?=;<F<>7AC9=@6@8@24=C=?8;;:;@9;C@IA><80;?=:C>BH;=8A>=0B:AA.87<=:E?E=<>>8=58>;;5==-<<17B=889AC8<1?8B=/55AFA;I>@;A:<@8/;91<@<1?A=;9;<97;8;E<4;;7>6:91;>AA?@9D0@>>B:=37:;CC@9?IED;A6C-3>D;>838?@@E:<=6C>:C:J=AB8497EC;?CA=>;A=:>@;DG?CBF7B7BHA5@6;*4=>A6=;E?882;?<8=7;>7>8,<2+;A;@23=@/47.@AGD4IK6<>?=96=6A8?A6,@;@F5><5<(P<>CF@C>HK==HGBBBEG@@89>B;6@G=6?C=ID=CHDEBDEE477AB<?9I@KJ:GL?B@8I6,HA2JDHGBA7?CB4E5??>9B.I<@A>C?9DA8;PH2H=LDBK>;KF?DAFGANGD@FB6BEG?H>FEHFAI67:6>ID@::D74D@HDBDC@DD;EGI@=BDAC8DAKNDOTO>QALH?5CRNDPG@IGH@N=FDVBF@EG?;DFMHDXSEC:HS7?8PANHEG?:D8F:Mi@@AWCEDH9=BHQ-MGBCQH;GPAHGBI5?:=;MJ7GH>DC6>B:CA?:-@;@?(@A@:<7KD7E?79<@ID9;.?:4HHGc=L=IMDAIWL>D=ENUSKLO4VIFKI6O=fYRERG:;7NKL=PC?@EQKC@GRLK<:9GO@I@?H?DMUUJPLQ=FBNKAGA6?@E8JIXPK@I@<>DBKY6AJG:SGRG@I??QI@FLCBD=RCG;BAI>BNED=E76AG<BBD=BCF;M:9@>BCDF5@ALLAJJNI=:?;ANAGD@D6;J=FB::@NDF@@>?03@EC97<8;G0=/BC:=?ABD=BE?AF7DIA9?F9DE?@5?5B?.=A9D<=>9J65>96>4A659BAB<>C?:=D1;FA:<GGD067E4B:5;=4;92?=8GAI689B<4;-A;?C39@0B:5=>@<1=?:+;=15<=;45>;;>C;37>=6=AC=:/:3-<:=;CE<7?D>@B;=?@C@EA9:HF-=:A9;CE><97?E6>=?88;8F0::DB8A>??7?3;=61=9@@0?=56;:3;E<3F@52@C)KK;FI?4A<=AB>83?B=0:>EB97>>AG.:>7;;3<::B;H::=;BG=>C>F@4H@BBAD6?CD9AH:HC:D=A:FB>;>5?5>A89C:GE;2<8@@???C>ABE=?>:=76C9;71CA>FAA@A-9>4B@=;C@@8B9:>5>B0EC:7H9?,,@@.>:F=HC;C;<@>>94@?B<::AB=?=8769B7GD6GB;:A8465@:E:@@-<:=6F@;B;:D<:BC6@H/;>AAD6::J;66;FBE@9DGA6C6=0A+4;D8?<9A<"J:;G8B8C>38903B;;7<;?1>CD;;A9D<=F>E4BAA9C9A29?:8B=7G@I?6B=;HA>;D>=DDDC;@<<,8?A@=CI8H;:64<;-0A3<@D?:,-C@@8BL?9A9K<=KK:;;@AAJ@L@@BB=:7C;7C<89@B=GCED@BIHOBC@<=;?DE?DB<<5F8G;D,B=@==?ACAJ?7I@@>:H74EIL6CBBEK:6?CDNCA=CHF>LI@@>HKBCILAFD:KCD?=@IJ@>G9ENILDPJ<7GM??<;LFIWEIPMGPBM>GFP>GGHB5GJC8FBQNCDITO@IKN?GObHBEV?CK97LEEIEN7@HN>:AHF@F6B;<88>@?C53>:C6A=@E:D@?@9B7=D9?J2DCGIBHFGHNUL/DE>I>NP?@NE>LEIP?TXEJT?6FNPLNKAECSKDD5]>XNDQFC>IHIDEKF7NHFCGFAAM??IMHGGM>DLJFJGACCA57?@AD=LBS7@DDR4PD>B6GCIEHCDMDIDG9CF@==HJBBI7AA7AA:DB>FJB5JLFD=5A=?IGCEEAIB/6:G9JDJEDGA<4BK7>AE=2>HFB;CD@8<:8=BABBC>@AFG0?B;2?CH>B@BF8G=@C/7CC;B7BB:B=?6A886=B.A2*<6=D?:C?A<;;9?;G9D<9H6BEIF0C?.B2/<;8$E:89:.0:5:BAE@3;?9?7<>:@?8GC=DN697==BA5FA8*=A:D@57=D?C:BE:/D99=2BE?>H>9E:=:<=BC=8@:=@<<>6>;BC8>A=@CB;==?><<65>EA>F>>:BF6B;F8C9E:?2D9?A3D<;H@:B95B96BC>=ABEA?@B@9<;F>C>>G==8;?E?<<>4:B;<9<=E/8A>)0C=@J><6A899BA@<=B5>B:E.@EA?B=@6=CAB;BDEC5&6E?DC@57;B?BB9<DABA<57>E3>AD81>B/<9G<=A:65;68-F+B9E;AD9F5=9B=DC<9@:?>@:769C4>C@:A>98D=E@D::<;8A9DGBF<7E@CC8>3AA::??;7C::8?77=7=>=@DA9:>C3.;H1B40F:>::6==@=:-;=8D0;A(@1D8>ADA@:4A0=E,5B>@1*IK<@CC;0>?6<1IABA>E,AHDA8AF=E>>?F<.A907@HB<8>1<>=9=>:0HH<:C=?B;4?16I=A=@DBAB>3E?=?C8?77=A?D=BABCAA?I8>H)>@C<=62H9?8I8D;BKID;4A::BF@ACEBEA4>BDGCD5::9>HJAE?H?APBM@;?=B1D=7A=5=;HHHRGEE6E>@;D=>;ID@>@??.B>3E4@=BD=D8@LG=EDCBI@CIJHHO??G>A7IOLA=F?=D':FCQ3>DSPIKCII>PMDMKH?NBG6TF;A87>OEFD8JZ?BBBLDKOFVFDGDLGCFACDOOIFKCCCLEEM:IEBJJLB7DPIJCGQJID?;DQMB@AJ@3@ECD?ES;C;GC9F=<8:5B9?<@B;6?FB6>;F>3C=F7@B,??4@KJC>J\SAMDP?FIA?KUID=EL@=N=FM>8:WDGQBHIFEEKA:FZ>@7KIDKCVKPIHIQG;@OHWMCGGL=VHHD:UG8F4JAAI8G=HLHC?GQB=LACI=CUKF7FJH:HGMV7H@:BJEJMGJBBHDCD?DBSJCCB?CABH?KEKJ8KH&@GMHE@JDIA1?CKE;6@8?ECL@A@AC5A68@;+.EQGK@D>AF>@A<@?FF7?BF8DBFC<B@=C4;BAA>D6CC>GFCC=JA8J;6D=8DE@C1@B;A3?A9D@=BCB=H>?8=C7CBBDE@EH?:=C>>D?06EA?3C2A1=8@:754DH81H;G9E5?@;+CA9RC.<6?B7B=928D?C6AD?0K<@A@><73<2?;A0@A@DCB@A,ADGA?H;>>BC@B;37A<=E>=NL9:C@I?FHCCD?>>B@=@-<>6A.?<>8ID>6DCCEEA1:::CC?A9D;=9?@AD@<.8=B585592C<>5::;5?6MC<=@97;=95?A8CA<>=:CB;B<@1D@B?FH7?DC<:GC@C63B1>?@;IF?<818AEEA=A;>=A87,76?A8'DA;3=B;632GC=H<>H9?8C:E:D@:76;A>@>>:7?7D>C5:@=DB976=?04:E:B<>B=0D?B9@:=3>98D4>97:?ABDB60><;D?D<<=?B8@@9K@;4%8285=@D?C=??J69<7H>?:;4@0D>>C9EBD:>B8;<=>C<=9A89CD55D:;E78E9DFBB<>?9EB<2?;C?C>99@:;@7B:;E=A6C;:=4BE=:6B:J<-BJ<<7D=A=5A;B9=GA<>H>>@65C;:?G>=E9BGD97EI8:G@;I595B8>>>@;G6E?<=C.LB=D@;4@?CAAD&;<9AA@C>;/5HN6A>CGA>J=@8;E9BB;8@:35EA7B7?;E@A8A70EJ>FA;DC?><6>C4?;/G=@E?=;?;BHC:BB;8CFEJ;AC=ECEACCH>DCJ>@?J>5D8NH:FJH:J?AH??AG5VFB@HGH@FG7DGT4EDJCGKI?ZHNF6?C;9RGJEMAZONLIMCMOT4EDSGLMHKAIAITLC@A@;Y?BFCJ@D>FFKG>Y7;NKJANAABB;5?F?.?6D?.<;C(>DB=8@L@<:RJKOE>FIAADB[`TGEKFRP=`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d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`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aNXUYQPBQJAHCDPGMCBDJCHISRJJEOTNH8PHTS:D@AE@?@DKONA>QYIOTG=9?SCEJ>EBKLADOED4>EFIDKEAIIJ@C@NB=A>DN@KO<=GMQB\ONLS@FEG@KXS==P?CJ:FTTE=AKPJF?@HLBD6E;T?4KR@>>9I5K6KKGH@OEDE=>JCMMGFMR>FGFF9B;BH@IFHLG'OG:KK=?>F@DD9DA7E8L:BH=;-AAHIEE-TFAF@GDB=@=?F;7?C@C@HDD9JB?DGJ<1=D>?DAG>CG9N;@:47:B4DA9>:?8A4>??@AJBD?@C:5?K>;?AHD:B>K=9@>A>BKBAA3>DC?3>@?IFB@AC:D;B?<6??OJB>>=<BCL:QC9=7E=8;@<@?:6==/FA0K67?<85-6<3DCB=C?@6B6L@>@CA8:@D;8===B:E?9@>D1>C;58=,4B=FC@=;8B->/96<>:D?<9B>18HM:BDC4>E?A<>.62>BB:?I>4S?B7FC>?I8:AFIE:?@BA:B89::FFB4@ED>A>CA9>C;A2>?9CH@63@FCFBFI?<9==?B>=62;<C=95=A><=?;B9@A768E<=ED@AC?2>A1BG@D=4;E:5?A?;;M9;?@DDABDCCHB>@7>8>A=@?E=H>>:5DE:A@D4C@9B;C>JA?G;2@>>BH<>>3:@@@@4:E7<@;>?@9I4KA?>B<2EDDCBEAB;BHAEE7==@>GB@=F7BC>9E;D@CBA;ABBA?=:?EC=?K<=C;EDF<;@>;HCD38<=B.DBAA<7DH;:=@;@@9;=GD=<3?GEG:>@F?78AA48=EDGB<@BE:7AD:DCAGEAB=E7AA;7=?9<:FDDDFDCGK9:@>DD<=A>3CD8G=C;BA:186A=EL@EF;@ECF=A;B=F9@=DA7;:F?CL>AD?AC?H=@GC:?D8EAL:CBBDAAD;9:H:@@@?D9DC5PFE>?LGABBFFCDH>DC=4;B=A@=A98=@>B;@AB>9:D>>@>?DD=?AA@B2;,D=G5H?87>KEFE>?HDGE;>G??F7DBFAEBEF@DB3D;AFGH?C@JHKABRKN=GIMNIJDIIT?TFCCDOHHEKL>@V779DGQAJQMGAFO@HL:NMNBGBEKGGAG?GJ\>I=FJCQTR=HRBBNA2D\UJI=C==5F?DSEFQGIVQPNLPKDCCBDDEFCSAX@JBNMCJI=ADI@HIFWEMKJLKD=YAAGJKH6AIBMFGIQDEC@EF?I4<=5HOE:RPLG=A:DAH:EDDBN2>B>@LA3MD@B5DEHAI>CODF:LDJIHCCOM>7EC:>AM8AB@AD=?4JCA>/GGBJAHIG>D>>G:7A8C@A:8E:2C6=>8AIEB?C?D;:D1?5DA8JA?>A:9GB4@.I;C?7=B8AAC79@99=;AA7@7/C=B95A;<E>C=*6CA-BCCBCD>F9C=C::7G:C;<@8;A99/?C?=<-=<82?/?6/;@32AL:8;JCHDA4A?CF=;A>I@?B?;?3A>BD=??9C7C5<:<14A=F>@;=>AB?3>ME/??>AK>=6?F4F9A>?;8AEDC>;;=8=CAFE>>=DA<7=A;D?KBDE=@B(@A;?A@5E=A<88@HC4@FQ?JCD;:E1BC6KCACC9E@FGBADF??=?@>E?E@8CBHA8=C8F7-C)HC:?9=4A8;=F8EG@F6G@9<>>CE:=>?==9>9@BDDA?B=:?A:=?@:3G;F1::E;ABCG>9EA=F?:>8<8A9E?:F@J=4EC7B@BD=;D?8>B;J?>A?4CD>CD?>??=9?<79A=A=8B=D@D;9>:AC8>92BGG>@@I@A=BG>=C?@BBH@D99A5;B4B9EEHB6H?4B4??A<=:@G+C?9;>5D?@@=;9?4A:G@G?C:?@8AE=G=CC:FA9B=EHF=G9BBE@ENB967AAG6@FC;B7BC=>I?F;4<@?DC?=HC=FF>B;EIDCA9@D?E?B@;GI>>FICCE?AI=AC98KDCF;?B;>CB97/9C6D?@>I:>ABE>BA>=G@A=B?HFE=H3AH;?I>?;@D=?>I?AAEIL>G@E@B8B?@FJ?@G:FBJK>DCFHD<=F>BAEFIEAKGH;KI?3E?@FK1CCDHBEK=DOFD8C>WUFUGNIBEECG;@EFDCLLMDFPCBM;LGKMEIIHCDbIERLJVEUCJAJOLCFQ9MQNKEO3ANDA=GLFLGG=EP=DP9E:>LM?LHDBE@OIBCPG@DJDF?0>;IXOIXOQQP>;K:FBMAPIA>CGP37C2CCF=AADDF8EEEK@3A;KGA=<=DL?FECEEJ=><9F=BCA:KCDB=JOAEHDM?CENB@=IKC6BECC-AHDJE9D9M>E<@B8D><=@?=>=C?B9>C@9@1G8:FMBA>IG9<@7>A9@9G=1@;<>;L398?7D>@?11A<@EHD7=:@HE@;KB;A7?BABB*9B>B,/@<=K6C@E@;:@<=HI>=6G;@;80;KAG?B=*98GAH?D;BE6B3ECA?B>A=KD2@CE=OC8C=?,=A@19D=>D=B7?;=;B6DA<5?<9;4;905G:<3<@<G?F?AD7D@=7A>C@6>E<@GDDD9=IDIHJB7H35?E=A=?7HAGDC3C:;8C:=FK@;=B=F4CAF>39G79<?9=/B/=;C=EADB@5@AA><2=C=D@:7A@@-:@5;8<7?@3@=5><:8@;6<8EC;79B3CC79?<@>7><=<>B:@C40B=;=B4C1B2@I66=22EC6A@@AE?K:D>>A?I*9GC=B@6F?AD?=;E9GH96B8:8F9<?>C8:E;CB:6@AA@?;=KB599:CM>A=>AAG=6::CB8<8?F9ND@;?>:DL;F:C>A>DM8=<<@B=A;7>:CA>=?E9>::CGA?;E8A<@92;F@A=?=??9B?;;C>D@:GB1236=>A>88;=>A>>F<0H5BB2DAFE@=;=CC?=:@@=A9<@?=EBD7A=<>FCFAA.@<48D@F?)B?E97><8@?A3=E;7G8GD=.JB7@92BB;A96;B;G?7>?2-@FB=>IDA4@E>H?EE9J>9>CED63A@;A-AQ:EA8:/D=HBB>IG?@BJG?9I?>E8>.=?>@@GMB;AJ3GB;E@BGCEA@=E8@K@=CA4A?AA;CGDG=J=?=JBA;G:@>BLF@;97:C>G>7D@>AF=CI6??B>9A?@D:8E;7FG<@B9;?GH;AFO<6C6;CBGEB>FE<=F@2ADCA?@FA>BKIBEF:@>?@ALAIDGFA=FBC@CDRL9CC?M5;F>CCEOGHDG>=H:ABCEGD>AI5HHKBCHDINRAAOB?DKQQ?@JHBMHJNOU:?DCFCDFFGPENE2X^OQGHEHEAGXFDD8HNNCTIBDJBPKGPEQJLJFYLNOII>CB9FOCIFDBCLBV=E9GDBJNRIJQJC?9=LDIBO0U;:EHCDHFIBA?O?UJB7KD?;FGJSG:;3LDKEDA@D>DC>HGOO>I<>>BCGA=E>4CBCGMBCI@AEHNKBG>FJH/GGDFFEI@;FH:UGCE=EH?DDED@DB8?ML96K?A45RCF:<@G9FE?>B>5D?CB<@D9>;IB?BBFCA)9C:3?B99B<=>>=>B>=?8=H->>.>>C@=5DBC=?8I>:8=B88:CCG<2D6>:;D?J<:E@=CD9:>>-B5@CG@?;8GE58?AAAHE0=@>ECC;7=LK<<@>B>A<6G>C;;<9B5?1:??=>6629D;4E@?BJ;A26I>49<:ICMN7B@@@ED?HJ68CC:E3@?AFB6F=D69>?;??EB<;=C<@<;G@F:@6/9@8;A:?=<=4C??A;FE@?8;.B@BD<>89B84?>9>;22&??:;79@;>5@6;E?69GH85A3>5G+<=.8=;>@:A?<=?C8G8?>C;99@?(54;<;<4F8B;C>4:/@95E8:@>G5?:9=2E.:>8AFE@=3@:5=@B<,;86)8A;9<=BB>B-=;;>C6?<9C>?5?<:?@8A@1;BD8A27<;=BCE:B5E9>>G>@CB@B=;GABF=J:E>@E?A?=>@67?3>EA>98=E@9;>=@3=>B0:;6;A<C;=B<@EBAFC@>B<5@@G<5<1=@E2,9C:@;5E6A;:??6EF>D99:BA8B;>E.3G3FAB;<?L9:C7EC9I>==:3:<@ECA=<:?2EBC=:;J>>DEGHD>;=9=>FG5?B?=B34/C5BAG8>B:C?DGLC3?=>A:D55IC;?D>5<@A;AAH@H@CGB@7:DBC?FBCHEA@=;3ICK?5;@9@BA<>H>DKE;D?>98==>EDAKA;?89B@0E6:;?@IIAAC?DI95;8GI9E?<=@CA;3>E;A=IGFIAJ<8JA???JEGABJE>I@;BBHD;H,EDBAC?HEDCJIFBWZEKEDO;4G;F>G9DHFJHKMAOXPFLR6MS:NEFC\V=GBBF>DGBAL?AEHU;=AG?CDTFBA5@]7KEHKX@FBQM5RBE>LJ?9FKOBPWMADO>;C2=BKJKZG=GHABCLG?=JDHXLK>G88O]G:?NJDLAACMDBCNCTEI+cBAGG][=BSW6AECDPOGREEQN-EHJGA@>GD=@b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dB=HAKG:P=IFLOG>=FBLTRA>c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e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m@PXD9HG<7FD9MZ@LD>MA=HGKB3HJ?OQQG3ROK_HK=:I@IRPN>E=ABAI7AE@EB37GO;@CIABGAIFPQ>DNOITODKA@:DKGJWIF=7>K=HBMMACB4BKJHNMS@H6LHNQ2G@BJIGNIG6GNGMEGGAIBUPHCPJ>DAOP:VHKLF/E6DG1ML[RII:A?5A::B@E?JCIPC6@AA?IHH:=HJB663=@DK>3ID<:@E/AJ=DCEC9HJ@>3'91=9B=D>C>F3:HA=5GBC9:@??H;<>5=C>@G@EFF:6=,:@F:8C=;AGA>4ID@?B?@?>@@G@07>C:>A4851;AD>E3<11-<9?4@C,C8F6=DE?>E>7B:BI40=AA<;8C9B66D6I3<;8@:C6C<??C1=E9>:5H2>;59>E9>F-7A;@>8=3A?=>93FD?23B9>A73?C9@@>>@4:>BB6688>@=8:DE@4<98G:F?BH?AD>AG8::I;<5@F58@:?,C@7@>1=G5A9:8CFC>@5?;CECA6?=C9??:>4C7=CAA53?@E@2<=@8?E@?>6D=3?A?(>;A=;:?>:=DB:>C@G:6B<:4AB?7@?C3@:BA8@3A4>D,=FC=1AA9FC::::G4;AA9>@E?86I::AB1;==/>C6577:9DD.A6=8E:D->'D;5@=999@:;BG?D?>2C><7?:@971F=678/:AG>2A9HCBD8:B@5=HA7ED4955BC=2C.=D?>=>I@C;CEEG6B7AE9<@A956@6;:@DAF.=>C=><==GD>G@8=/I9A?C9::@E?D;?6?5CD9>=5F<85/C3GBG=BA@@E@?@GA7*;<6G?AH?5AE=3C9<><7C71@@:=A:F;A=;@L:=*<78>;6B;8:4:;1C@@@:>)C:=B<><=3==:@CC43E18D??>C??A;BD><=?5?H?7@BJ5<>GA8<7=38593?E=;@CF?96:1C943ACD<9A>B8>@7I=>G@.6===?=HB4L>B5@8>I=K6>9BJI475C>I;C0@A=AA;??48.3?6?>>5>>=9F=.3F1<HEAA@<@IB6B8EC@F4OBPCJFKNE]ELAMDHC>JGGJCKIBE?9KKHAINGFKH:LETKVLRDBG;;K=NQFFGELK<@S>7LAOGRA:MWIG:WLM8IGFFRA:NNEAKIF=PDB@NNOJ@WKLH9CCC>BEDDHHP>:DDN>JVbAICMWUZN;GEF?DERA@:@IB=GZS@HLEWO7NAEFN:?N6AB8HDEM><47DGL`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`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d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cCDFKQYP@JPDMG@E^P=FP]Z@@FB@BJDR[HKIINBMH>HTIOQ^?4I>AFACLGGCAK@?EODJg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`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`NMMDNEHFCMJ>D<;JAAEOHGAJCGJA@^?>@EDFK`PGN9I>BGF=I5DMXPSHMFIMIF?IF?KKDBGIHJDF=E6HOCJC8RCCAFCWRE>BNMV5J:C6i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c|˜~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cf˜ÿÿÿ¨e[DLRKU?EXN=MILBOD;8=GQJMJGKWK;gUF=C@F>FEOC>F=VZRE>I??:HB`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©ÿÿÿÿÿÞk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hÜÿÿÿÿ‡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e=BFJLNJB9EIHRD4DGEI?;/<9C@EH>HINDC>FK`9@BQQRSQCM>O>8=ENIHGQ@AE4Hg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ƒ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myXqzefLE8591CFG>8E?7@:>@??>69FA<@CC?7F7663;<=::?><7D=0748C@<-GA6D<>4?@0D:<=H=ADM>6<@B;DB@8;@;A7A8C3@?G9A1I2:>44>7>>HEC=E6B2B?=:?F;BGEJ;8=@;F@?8@=F?;0?F,7E5E>B0<1<:7A@4CDG>E<>;GK:C.5=A5C5@C2%C6AG@?D:C?;E:=C:9=D<:6H3<@E@B<;JE=95/?@1AFKGJCA6@/KJFEK6B9=FR?BCICBKMKEA8DE;6FLFGQF;OPGFDKHHWHNCFHU6NSAIGGM?LDK@?JKPK?KEo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e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`UKQD@4>B>28;?/BD:9>ICEC<77CI5E><<87@NCCE?)G9;5@?6?9@BB@8==D<=@E$:FA6A93?A:B>9@B7;@FA8ABA==<7A1*;:DB@8AFC>D<=>@LAG2@JDB<72C2I8G@L@>:BG?0E9ECL.I7:=D@=4C?C0A>=9?8=B5><>D:E69J;9;5<=B=A7=B=;;;E=?B89FJ;E>6?CJC@EDEABDEBFCGI?F<>>3F=9CGK6C?>?GQA@?JJQGECQZPL;AFNELKLBI=LKB;?FC?FUW;G@?JA?KOEIECC;YDBJCBDH7=AGIUGOWAN@KGG@75EGCECG<3L8-BCIO9QMZNF@DAFH@GHGFFLAI@BFHJEMJI8C@KCP@LLDDP[RHFFJAGLBCBA8J@>FMI=J?MIOEP;g>:F=;9NCBWKIAN@KZK5CILN[FCHLBALERNFFORHCJB>EE@LBJ=DO9@L@8;[:4@C:C4?CG=F@T=?F>4N;>BIDDDGJBB@E5J?CC=?SD?CEKI7?C<=GBAJA@>;3??BF=GG5=B@CF>HGA?9>ECF<=7:D7(M5A>>3B?;3=?>?EH0D@6779B1BCB=5@B>;;IC<95?8<<49?5@;@J?4;28@4:F=6=<92/=C>EA?C<6(2@3HA@7@A=4=(<>6:>AB)?2:2556<8FC=:5>5?:2<<5;A3?@;8GG3@AAA88C:GB=D:;=/0FB>@@;:><==C8?9CAE:@A?::6C@4F::7>58??A>;E;A<74E:B99:1:?=6A;@=4:><>D:<@:?@176EBE12==9;:>2C@GB=69?AC=7BE9>??4@@4=A/:5;=?@.??@59?;@:=@@BBA?8@8?;?35GAK>=F8?4E=?9FE@E?2:8BC>@?BDGB7B<=G>G:;A>1F9@D7CB;:@BD;1B@AG6@?@AD@FH@AE6AD69<6B@@E3A?G?=3E18<@@BE5?<@;>=9G</=7?37.=6C;G=F<3E;=;;F5H=:9;?F<>;@7DDDAC>B?=D77?KCE=;9B>?B08@;E>@;M<@FE::>?@/=?=9=AE,::E>>C?:F.CK=>FBF6B2=J?;HD?;@2=0@>FBAEC4AHEE<6@C@C?C>?>C=B7=77BBG@B:=@F>6?4H:D>G=3AB<@4=F4C?DGB1CAD@@>D9:C/=G;;7G>-=B,GE7=@H>>N<9BE:E5@=?B?A0IE;H=59>D@<;CI??AI;@XAA:DFLJEDMIIB:>@>L:H78@??AG:I@F72F3A@E/>N39LDHEGLM@9AF??KI;MI@HFJUKFPIJN@CJSGM=CK>@AHLDLLVNRRMAGFMMDZONG;UO@LQID?E6PS=@ONHFEKT;BCG?UPIPLAVO>=PIKINBEG;JL@FIMJDAG9F\GGEOE:G;53LD5AIJW7>EDN@YQJE:;N5GFB?ML=BECVOWCL:;VJ7;L>HGJJEFD2D0D@;NJM?@;5>@4QCJI=B4>5:=E<>@@HD9K5ADFBJHKD:CEHF@?>6269H>;EA9AF?B@2IL?D<>>A4?>=%?J@4:F=@?D@A=A=:D>>:A8;>CJBA6?CN6>7:6@C:D?D0A:;>M88;?@IA38=<<282<=;AGAC@2B?1DF4?<:6?CA@C:K=C69>CDB;U7AA5A9HB6DCF<3A?9:/>:9J>A>?<>BC;A45CC<5DF;@:3=@@@AAF2B4>:C8GKD?MAE=.=0F=.A=.>FC;17;8@A5A8<<)AG-A:A;=:B9>3>>;A=/;?@5<:AE)@G?A@:1;;:;;A1:C:CA?6;2?A9=8?5+>7@;@G5>>=5@?;.C5<@<;9A:A;@2<7GH>@2>9D==>D290(/<=@A@:7>D==FDC?A=EBG6;;?>C?>8B@67C78?09=<;BC9>@C45?7568?A@?<7=?;2GAID>>?A:I6=B=B995C81;=E6J367D5D3>CD,91;?6E:@E>4C=AC=6B7AA>G6@1::<>C84BK7CAAC-4B>BD0A@75=59FBFG@2CA<2=A>:6C8;G@8C:B;=D<;DJA<@DA;B-AI6+H<6@EI:B<C@::E:(+=B8C8DA8??<)@>BCBF6B?C2BI<@B1<>>;2>@B<=D9?28>5C6:;5>4?D9?<7;/85?DB9?CCD:E69<:<2CCK:>'?A:E?A?F>+@B6?8<9:;@9DF1AC<;>JC?<;99?=DMEA=FB5C:B:M@J<;B:F>B3CC==8E;=AE;9B?D@K:B9N>C+D8IB:>@:94?9F;F?=M1DIE:?4@F=@@5A;=87LB@2>9:=9?<:<>CAI@?8;H;B@DB<6?KHHJH?F5L?GJAMD=AE/F9=D2IEGF=DOF;=A7D@@KM==C?==IDN;C&K8M7A@D8PB?OCNSH@=?HJICFIDDK>OFBBBG@G=GFGNH=JA>4BETSRGGLAOE:=NNJLUNA=AKRA@GBHTM?5DJN@LPF@FQIWVNE:GK@P>::?MFEMFGOM?DEL@D>P@E?@D>IA+@K;DLJI05IIAA09G>>?/@K74IBD3=:DGEJCB=.:8?F5@=:A==DDIA?B@G>3>DDAA:AB>@DETGD=B7K72<@8?1GBF:7:<8E)D8;ADB>?=ED?CBF1>BF:;5:?>;<@8A11>39;>?7AG9;C4?A=D:@ABAB9?:92B?69B<=J;12:=?F3EF@:@5C6>D>I=B7HBBC??B5=<>;@9.?==D6<<==BEBB=D68C87/:>B@<=>76?<<8IE5?>F6@:96B.;'1?DA?8M;@:F56;A2?=;D8:2=:5BB?D78?=@:HB;5@:C=>BF=<396;@947?C<56?>;=7B789B07>BD38@B8<9>=8<41:9CG=A59DB?C/DA>5454>6E@78BEAD4+9G;9BJ<=B?EEF<<=9F@2A=6?89@*E:ED<8CC<@???8BCA<9?A@=5=BA;C<;;C5D?99?6A;<=5=96B>0C?AB:8A:>BD92=BF3@@@:88<=4DD=89<=HE<58/88827@0.?.IB@.D;C9B>74:8:>A>7EB?C<34=DA18?@?7?=DC>CI<7G?:=@::=.:0A:>4F<)A><4:<5BAAHC;;;5F8@71H?H>=>=@FFGB@:7@7CGC88CKE>EHCK6H=C=F9=?C)5D=@?@@9AKL@88A?>GE@8D@AED:A>@@D>@E=:D97D9@.?9J69@=>?BACGBDC;J9<@49=:5EGAFH5?97CG?ECLSCHB9G=>8>7>A@>=M?OD@4GI8:C@=TF;@IT=LIHeOHS7AL:ECN@EGEMCPLGD8JI=TF:BHHD>CGB@><7E>BCAITD0FFFLEJLJ9F8EDT>HDPa[?DJ@>@FFQ?BLFGAOCVMJF;CBB?F@CE:RO\EC@>;_DMRJANF86NAF=;G@?KGCHB@GFFG?PB8BKHBATB=FD?F:MID2DBCD?<=6;>?BB?H>=FADAOAB@H9>F:GJDBB<83>DNGBBE<>?C4EOBA7&?B9=>2QFB@;>ED6D7@B9:?P96)8;DCD>@AB@C=DB@D<9B;@C>:=9@9DAG*575<@>==AICA???>?A@F@<8@BK@8CE?DCIOA;?4@6>55:66B9?A;B3I9<=?9<+;8?@F<7935FCC?;=B8<$@CK9L@C8?>B627G=97E?/?CC@-@A5?=CC=B;JCD@:;5ECA;?0;>;:6@;;B@;<>@@<;64;9F:@AD@?6CEB;@B:K;K>5B:AC8AAD:AABAA:G?AF;/E=@@8;4+9EA8?68:;AED;=>AF?@=?<:<6?D@C?=,=7;;BC8@@=EB:==DDA@4C>C:A<@;;;6G@7<@>:9=CBC(AA;<7??;6>;<=:?:6B=8<@??@F?4HB8>B:C>EB6A?889F5AA@BA3@F2><7?=EE=BBBDC;=F5ABA=:*0D5=5@9>08:4G?3;?B8:;JB7/>@8A7H0D==:->H?7D8=9D,>=CICA<@G4>1769@=H;4+=8<9E==>9B@?39@>E@BCA9::?:E-8<:2;;>A.@>28C?4JCGG>;:;20=BF@50@<<=DD9?37?9F+?>?=@C1<=:?B165J@=;-56<>=0E@G?85@DD:B:;D=>5D5C>>88@@C>8;;D62;9=74.7C:E@0I>A5H@99@674?5>E2D@?=6@4>7BBC7@AA;?F89AC@D;@B<5A?D8:78?3;;:>B/G:/=>A3=CJC@A=AI?CFB:89AF;EFFB@D:/AC8618DAD??<435H@=BC>A3?>4@D;KH2@?3AH<:2CGBF?CC=@?EC8B:G?+@<8@:?@?83E65E=?JH@?DI?><;FAF?AAJAEGE>>AI2;76H@FF>D7=>;CFDB:KHG9CHAVIIMHPFQAFK<>BSECIIELLACHIVNRL=[FCHEBWWPMNCDJHOVVLJOGPHG:BJ;EKKIIO8Jd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f>NL`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cHC@FBJDGBIIHABKE8DJGL;?>F5MRCLF>@F9EBGJFBFK;8:LREAGHJEA@E@KDIOUKEF>AH3JG>?C]KEAHCKBGB?KDCKJMI>F4CPD?LCGMPNDd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

>>:HGDGA<@3D==C??6;??6=@B:;=38?8C>G;D569?AA>=E:?7/B8@E9<7FD@E5>>::9<6<:B,AC?5:;E?5;D-6:;7:D=CA9=5<55J@0>;=?1@D9?8?9:@CJ?=;CBD94>BF@>G12=C=45FA>8;?:<=:A9?C@G3=AA@AA9C>?=38>?=KEB<;@E:.>A7@8K8@A-EF@67=3=BC@AA:C6D?47<>A<=>::?C?@>C<;1>L=2>=E@ABC@N@=@:;C:BG:D9>GB@A=BA@CD>>E<>D;A>?B>7@1DFDNBHG75A=>B7<:?A;>48A=C=?HCIA7?A>BC=GG?7FADD=@D@@=C33B?7CA<6AGB@?@8EKIDHGB@9KHC?3KJAMPNLD>A@PEJJFCDECCSD?IB?GGUGSMNJJ?LYG]=FMPMFMICCRIf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a>VAG7>NENE;GGDGJI9=8EEDAHC?BE;AJJNIV@JK;I>M@F@F9BIFS?TF9MBI7;BDNUOQITGM7?FAKMHFCGRFE9JFI@3PLCGEDE3DS@EBHGHB.D;GLUC47G6FUTGOGAE;JD8DPA@B9AICI7?=E8I::5MUCC=>GKE@B3;M@;IE39B8I8>>A7A6C@CQBI@BABO4<2@AE@LA?BJ??@?=J:H@>;G>=1B/AJC?F0;39=8B>B933DC@@1;A7A3;?5C<;C92;>AK9>=7:>>1H=6=8#<7;4??BH=::?3EA7E@CD:GCB>:>=C>AA<@BB=;A<@?D89=ALG@?L7&8D>?7876=3>E,?89?DC:A8?A=;A?>=AB@A<<69>:=8CB:;:CA9<5?803C@B>5::6B@CJ=?@;7=8:C>13>@4?8C.BP;9+6B1:@:67C1<6=;8B=::=D?9:;5F?96;FA<;=35;?CCCC9>8=9D8@G/4E=@EBG=E=ACFB@=4<<7?>C='A29G9C:?47C?4:;4@C594>=74BB<<2;1A G@:99/@?C<@??>A??H2=;B<77E;95=E;>D8C?=AHD>6;4@=G@BGE>8@8@C:E;;=AE7@6=>@@6::=>0499:9;=<@?=995H=;F8<>@67A89@>>3?>BE=B=D:@?BA;:?A?<3<@B7.HF=;C?9<;@9AAB39C>C>=B>=;<.@2>8:<=6<@A<2(CC>>7JDA><<<;7@GDFALCD<6E9DC=D?B;>2;?$E?=F9;>5<1D<8@:>?;MD<:=>G7A7?BD=6=JE::;I967>37A;L:AG@B@<E4>E>>=CGB<=?>>@AB7HD67?GAB>@C>=967B/@;E:=-E>C.I??:I;BDIE@7FBE>E8?AJJ9EI/J?9GN;2@@;G@;E@EK@?B:?4<=D>G8?HAE?RJEGHAENF?L;JCIECLRC@H=C@EGSE@GMFD?JC;BMM@BEGD@OIKM@GMAG:UA;?NAHOKAKIRFECRMNR:B@ZMLO@FQ7B;@CFNAUTHGEBFMHMTP]QQ>LH<>H:CCHE:M=IEOC@4;HK@]7G@?H@FIKDP@>;DHBAG6AD3I6<,0IMGD76GAE;4:>E0=?MHAF:4BB4C;D@A*>A:7B@>><5LCCABDC89@KDBGB<5I@@HPM9C>BA3@??H>5@68=C2>:;/H>BUCDCM1B4EDE@DAA=6D@B?B5C@?>+BB1A/7966@=>6==A3C7:G?=:8;>:1A=;H9@D;9:;AI1<>C7+@D:AF9IBJ:EEC9E:A18J5@>>;=FF8?B0?F;?<9DAB7<=53:G3;ADFA>B3:;DG75BAB4;==42D0;;H;A@:;:@@32AE@:16><>/>907E9;*2??;<97C?:=B;<-C1BG<><;BE3>:;E9<46H$=B?BG;>:@6<;;@@==A=@:=A0<=>A@CE@=@G8>;7?A3=;@=?:C@=<7=A;9I<9=/?8<=E;;D28FA@9EDC6:D;9C=AEF<>?;;8AC7;AD1?8>B5>>?178=;B28>B8<6<>7><$510?6=?;8;>D<@=<:=>84<-@@?A:6B9?><;B=/;8C8?=9:?>78>CC343@@FE99C;@6=D&=?<>:AAA4@:BEA9?@D@D@D?>A;7=36:;:,C<6A:?>B9;9C?BC<<9LD@DBGD/?B/G1;C?57>BE@B=>:F?75@EEDD1=B><@9;B7<0><-;>59?78?7=73=::@DAA66BA5>2=?E9:A<<54/E4G>.A978>>A2>A=6:8>9?B=C7>>@:A9/>>?>@C6=>:;8<@A:;<5@AEG>=>A=:E=>68538F9>+<B=??1@A:;8;FDD1@A7@F>=<9BA@F2:@D@>9>>:<>@A@9===4;B?A?B8=<5P:>79C;?B77=A*<69>>=>9=69A;157/:FBB,B@2C@:DAA?=D<F>==A=AA5HB>6<=A==EC7EGAID?M@>;>9C7@@>BD6:<0D<8@@;C<6=7>A=6:7C8=3CB<19B8?C@6>/@@G<+9<>87G;=EG7<:2@<@BDD1B9GC8?=@@?LA97?98F=HF6?:@4I;C<0?A?>F8BECGAFGMAGIHFPEJCEF>OA6>OKDGL>GRFCNAFFF5A:;DQKD@G>NEUH:GKDHECIN:?KIAC9U:E>6DN:H@HLCDDALPHVERG:D4BFHFDCB?EOGFFFCHNUME;<>O8OJ=?JHWDZVBFFIWO@4JE9NFE3HBM;NOKM6;7>KE0ID@JA??@>@=OEIO<@K7A;@=M;C'4FKJFF7>:M=7@F;5A@BCK15K:==>;CG4G@C;:=C/*>EJ4E=C>:9=L>?FC9A>=AA?B+=8O:AE<:184=5D?<35B=5@A>A1C9B@:D<>I@;80;2DEC>A:@;C-@88BB,A@5F>?E5A=KD=DC9A2?>><@@CB>B>G@=6;CG@.=398EA33DE7FG;4><=B5A.37,5GA/;==833;996;A=;9D;A;89?&<7?B?;:/>D>C0:<=6>77%7A/@9C==B9??67;>6A2==A+?B8F@??9F@<@>4;B;?1>?CC34=<3=?3=:2@>8<937;E>A876>&EEB@@9@>@:8=@=8A:9=@D?E:B>2+@@EB@>=@E@280<6>EA3?4,9<>8=9?:?:H>?CA<;;19;948;:DL<3?@>?=;?8:A:01<9?=;/&@9=?5GB@:@@5?AH:C@:??C03@;AB6:;E-;@6889F72:F56?<;==?B3>EA:?@A>@?-A/?07.C8D;;?>8>=C3:E:CA?<94>9G979?9:?:7?B7;>2@.<:A=;8A@7E@=A4CC?B9>@;D?G<684=9?@8A2>A=9A6:B=;?>C@@7=;:$E>@>B8;@:>E<9D<=;7FAB258>97AC=>>B2D8B2=E=@@.@EB=F6:?;><;=6FC=7DB>47;E<=A=A5>@B9@>?;DG;@698H;CC@C@AHEF9"<>>F>57;=0AD41<9:>>,>80?6>B?66=<24@C?55C<>8><36?><@I5>?F?;5A@>F:28@AB@A@=:><=>13A*2:?@=57B:1FC<<2=<=B@GC7;.B?9.BC>8@<6'LFB;4:A@099:9A;87<>7?9<>C9?5:@BA:6;72<5?AJ:?@,B62;<>5$@:?:@;:>94O:D@;7F<@;<>(:<.3MFO=77A@>:DA7@=D:?@AKD5?5A?>5=C==;;;@=A=>:@::712C8CEB;:=>A9:C>7:?7>?C@7HMC@K8<440>4@8B<7BGTCCE;MG?H@HCF7FEBADG>BKH9>OG:DFDTGB?AG>EHEIKAR@64QLLJOCPOHPRBHKGCECILDYW:OHDDCBTLAAANHHODFHDI89IK=D>JOIFFKCRIJ<2>EC=>COQQ?DHLIND25UKI<<>ME@GHFC=3@?BCB@?7DD56H3BAB2@=@A@MCH5>DEGF??=?@NI@BGK=BB47@6*>:6H>5A@;>AF)0GI:;J5BCIMC@:>?NB+9CA@?BD>5B>;:893@<0EHC89B<:ACE>E@?J=?<<8A<>8@D>1@1=GH08B47=>BA?;<9><@?=2@>=6=C:A<57(H=B9@3>ABDA88*94>8;8AI65BG=@AD*;A7?B>=4,?A(<>5CC;A7>3=+=9:;=3I:C6B?E6649G9>89FE>=-A6???.B3;>9@0=AB=<>98CEA938DA9F<4@H327@;<=6>;;69B-A(9@-;4?<:@8A;80<=8;>;78A983<:.@A16933:DD95;?1:?58?E5@C:<588-28@=@8&=:=A=:H9G:2@>B?G'94566>BA548B;>G=@3EBA>:A<36A4:@8:<>EHAD1?:=E4D66;16EC?C;2;?187<@5A<;<8DB;.E8C9AHBADI73-*>F:B8A/,;?A9=D1B7;>8=9;-7=8B9@<7A>>:B8=.0AE@9<>:95D=:;=;DA=EF@@.=@FDC59?F1;;A;<7AC8==>BA?@=99>?CA?A@9C;D7HD;:<8>C8@/>8;AA>@>AB:AB?B898G=?H;?:>=5D>7=@B@@>@<8;H76A=8E<90/>C@7D;=@:G74>>8>==BEC7AD=/A.;F=H:FH=?1;CCD,H7F>58;:.6;8++DA>?4>CAF5C@:@:8?CD<2=>8>:957=G38=B7<=:?>B;@5;D47FIBE@?>C<768E?AJ2CE::EDAN=A:BJN8??9>FBF5E?A@A9E>?69?=E8B4D6D7A:0CLDKE?D;JAJ<;4LC7A=C.G6@C6;>G>9?D67@@H=9;IDA8HKA?@9=>KI@LOMDB>;F?EDF9A:;1>=LRAG===IHDQIDIDIIDR>K7FIDCGLK;FMJNFN>JBWQ@IN@BF:>D@DVW@9OH>CK6I>CFM`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a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`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kk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Âÿÿ–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ÿÿÿÿÿÖ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a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bG?KCBSQZA:@AEJCOEDM:EEPGJ?CUKEC@KGFOE@HB=;BTsÃî‚c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bKL@6ILJFHK>PXEBDC@J=HHJ>KAB?G41:AB>6IB?9EBE@>F:C?1)BL;BFBE9>?0H>:E7:;;=7F:=C;@GCH@:>FFG>D;?EG:CH:H:AF.<>8C@A1=9@=I>;3?;I9<-:<9?EB@<=>3=BK>@F;<;B@BD:?=>A6?<@@4)B@F,?;>E=IG>3B8DCCEAA8:>?@=@M>D@A=D?=?<5?)62D5=EA95@=3;@;B>@ACCH9?A0E=7>8?BDHB;?FF>C><9BAJ;ADAG>?H=@>@6B1@EL@CDEAC@9>?A6>?I?>5K<0CC2C:;@A45<2?4AB/7C:A;@CB@A:BE>=?C=@HC<;;B?@DD=8CB0??CEC==:@;?>8B9;A=<79EADD?A>B?9D2<7=GD>;D3-:D9BDECA?7:+22C?9A4AA:54ACEC9=IO7BC?C:?>=866?=4@::=1A<>6?8:?G>=;@@D@C:6D5<9C9<69=C?8F;9==@=:@8;;96@@G?;?@??6:=3484C@<60E;AC?C:==?F7E;I?AB4:C>D5CEG?65;ECC@9=?9??C?96C@@@A=5<>F==E4A6KGB:CA>9=@DA;26>><:7@9AE>BEAA8@@@EBCFBB@??8<@5==EA@C>I=HA@?6E><5?3C@E<>9=0?@ACE>?D9;BA/:=>C>C5DI:A?CA@>G5C@=:J>9;A==,>:J7B;><>=B==0C>=I>5;?82869E>A@@AAF@9@<;D<9:?F669=ID?>273ACGEA@CE:B=8<0:A9<=B;>??:?63GE:9<9>>:CDEB7>E@DB9J?F><:>@6>?>?A>FJB=3ACJ4?ECA6/7=B>0<<=<=/?;A5E@A9?:/<;;G?3C;B+?=?=C=H9=-AD9?>A<>=FJE@?2=CJ?BI?@?<7I6C=?E>:FA?=4F>A7:CD;A;B<@8F@?ECB=GAFED:38DB>D=>6;ED@<@5?AK@AG5IEAIGDF9F?=F@EE>@:DC=98?DCC:>C<>@I1;?CEGEDC?FK@E=CB;?G@0FGGMI=5JG=>FO@AGQKFDAI<:??L?>CEFBH@?=;9HN1ABAN7K;>?8Q@B:JTJ8=BIKEDHQZSMD4?CI;MCJHNADPYq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gOOFGJFD>>*EBF@E>AA@K?GB@CTQIN;F;6L?:8<>@DLC1?AFADFFH5A@P?=.=HHAE8EB5LGFHPHAB@HAHA;<;AMFEBHA/GOHD?A=32@CL@A:8BH>A?B=I=G9GAA??6=I9C=5-=BE@GH=F1?D.788D95:ECAPGDAJ::;5>C@H:@9D=;,7@C>:FF;7?68;@>C9BHI>8@;?<@4=NE>;?B:?.7@:@CA?@:=I?G?@DA>H/,4=@>E=DA=)@4@-?D3;==25757C:22>G5C#7A1BA8=>6K;(><6AA<0='6;A>FA7-42;=@;A1@>=FE@FCB@9;99><<=8I>;93F;:G@=A;9CF<>6E=E<@@D?<2<@66AFH=FBBCC8=A;479?F:C@7FD27F74+CDC@DE=29E=9;47B4A@A>A@E=7EABFC??>>EA7485AABB;FB<=64C??A4<7@AH?D3@<:A9:H78>9AAH>@<;D@CE?FDE6=A;>EAELF9/>>H?3=>;DAECBE?::EF;HG?AMGA=@D>>9B5E?7==HI@E=?>BCC>E>;EE;@@@>:AB8CA:7;@D=07??=?<=;;??=6<;IEE:B@BFFA@<<@IE:?D@DF@>8<9><<>AA6D?B>GBB:<67=A<7=A8>;=486:C82C;HC3>GA;<<588B9LBG>E3=C3E>5@:8=;?A>2AC?4:F:<@><9:=B?,>E@B=D=>9E5>>6@D;DA:=3;1C;J>?CGB8C?CB<9E==>EBC?B>FA@4F@CEC'3:8=8FLII<;?FA??GDHEE;;BC:;?9DN>>CH@D>EAFJHDLG?AI7G>1FH>FEBFJC=CDQFFCC@>>4AC=>DF=4@FJ;>6DIGI@JE<>H8KB;E@GCAQ?G@JEA>A=D@KC@EGHDK>I?JFDGA@>JHHM7LNNHJAB@IMNPPPEC@@GOMDEGPLHCHVSBKA>GLVBFWBH=FF?KLCHJIFIF>MJF<6GJIIABKOJKOCKBI]>:KYRG@B?AIMG5HK:OLFGWZ`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f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lBPM4B=WHS>JBOB;:D=3APDECECIQI;?E<@A<;GJ@IAHQASG>E:M9KLQ@?E?HE0:G87C>CCC<;GCCLF>A6FEFJ7JACHK=<<D=6=ECGF9CECKG;A/6G<@;?@BD:D0;E?=C5EEB/D?7IF8ECF?6=B8CH@A5EG7?>CJ8CI;=EGBC.J;GFEG@7=E>B1G8C8A@DKCA;0;4@?BGB=FC9=>8FCG:C@5DBEA=?BBD7D?4>>>D@IAFE3=DI0C@=@1>@I9ACA?4?CB>BF8?;@BA8:;E/BGA@7AC3CAAFH@J=;D3>7AFB@AF::?59=@A@?5*>JF9:;B;@C7?B?C>FDG9A-B:@90??>9@??<>FE=2BFC,?A:<9568><=:57HAF*>A:=E9FE?<=?8DI;753;D<>?BC5???BH22?F<=D8=B76@>=H<@B=B@C9>AC@=>,<=A;??<=@D;>>@;:)8>;AM==1C?@KAA;E=?2?D<=:B9.=B=@@:F>C2;CBB?DA?G@<@>@B:8;>@8A+==D0AAB=AC?@5I5?45:;F5>1>D:D?5CA<>:?;8E@B18@@E9@?B.<=<@1E;F>D?8:6:;G4G97;=CCCC07?AD=B=7H>B<@7B?7CJ:@>A;4?A>;9C?AHI56A:>942@89??HCBF=?:A;788??8=@A7FG<@?AE:<4B@:I9=IDB8F::3;D@AE8@:A@<=H=F8DAAF8F?6DDF4=CEB8A@?>:=?3:B/FBF;>;5@D9<85395>G19>;DA;><@A;>D@2>8@2?=>??,?D;F;8?FDE?4A?G<8D;I:L@CGDJB>;64C>FO;9=;@5=B>ACD7BJA8E:9@GC?CJ9>J;=EAEGGIG::@?EM6=D7@40E=CBAA=AGC?=2=9F9F@=B=ED>@7EH<:A@?=FCAC@?><@DD>@<1FB8I:B:A8BBEB?:>GD69AE>FNJF5/@G>3CCH@2>HI@FA@748D;RK:@>DFESJ?>4JFEI?AVHDE5BHAGFH:I;EDFN8>F@JDFH@FC:EOIH8/FLM>=8KDIILQ]BTFGI=CMG9C5KH7P9E6A>MAPENHBYBIIJOOF=FE>D;G:GG@QEDBFVAH?E:=EAH:0YLJHH?=9?;EG=GCC@J7EGGG>9=CDAJA<@BJF:9YF?JGODETDA2JDATDI;KBKBC47BA?OID=?EAG:B>8?6DBGBBIRF@GAEBB;D<>A>IMGP<>@B@8CE1<@IJBI:>=C@HI?4J@?HC>?EGBDBH3G8@58A8?:FG@:I<6@@ED3D>CKUB9L?EE@H>C:8BD<7CGE@;HK)9;HD;H?@ED?BF9KB7BAA7;>AC?>A>@9E>:?7E2;'BF2+;=D@<04.?8=:@94D@CBD25?A@<<<76GB>4;:>DC=A7@:G=D>A:?:??C>CEFJC=CD:?;@A?>AEB5DB=BFDA8>B:>E>;>B;55==@<9;C@:CHD=B@1?A=9??DBE;J6@9E@;AC;>1>H:G;E:G>>>@1C:9CD@866D=@B=@@B<>=B6C@>7<=<:=?8=AB;?=@A.>;??>9??/6:;EI9H;?6<>@?>AC=B@HA>?E@F;@>>AE9F=@HAGF5>EA@D8@@<8H@1<=@A@=6<;DC=:DC5GF>3G==>;>?@@?7H9C?80>?.AF665E??>:D8;098?5FHA?8888?B74A@E<=B?1<><8;@HB9;6@9?A42>F?@?-?;I@0>9@?@35>C>4?<=3B=3BD<:G6;2?7@H=AHBB=<8@E?@D@>BH?;?<9A=@@;:A1CCD5=>B??D7FC;>6:GEH<=859C?8B:F>?::H,D7A-;/CCEB<;9=@>7B=@@B>@5I@@4:ECB>IACDA@GF=;F;=@>B<-?CB=,D9?A:E>G8B=<7?577?D8A>86<<7BA2@:?<9:?7A:DB;.==?>??>9A@>7@G7D=:21C=B==<>@E9A=JB@MD9C@B:=1BF;@@FA:HAB=?@CBC:=G75B;@<;@>F>KB@8BBCI9G9BKDFAAADBBHEB;:/I-86?;<<::@<1BCEB?8??AF:D8I5.@@@@D@8B>6BEA96G9K8GD3BA?G3B9B7@=BA;K9KFCIJLCA@7CEFD?=>A1F0;CHH>C?HBOLFIHB;E6ONFDJ=@FLMM=S:HFPEC@SM?MDMC;E1GB=LE@LB7?B@GB@BLB@=LH5TAMLFAD=BPJCDNHODI:JH6=1=H??C(B27C:BA>>EBIFMCACC;4:J@@EHPC?CD;>BH;AH?F=ALELAH:B?I739BE:A8BHQDB>6:>MF4>B;@FJ>IF?@9F?L>37F@>D@CC?7J:7;?DAAL8@B79,8?DEF8DEB1?FC3C:?<@FDB;ED@9A6>ECGAKGJEB<7:AD*=EBB:EMC*BC6AB>A@;CEC6A98L):7A>7<56>C:0CB@ABC?A::@A9BBGD5HAD@?>B@8B:E===???CB=9GLI?7@D9<=DCC;:EB:@E>F>@8/==2@=CI<>>=57>3B3;?;ACBCI8G9DC7>C;=<@@DB<=?87DH96==:>F(=EA8H9=:;FJHABMA;@@CEF;CC438J9GDA>=.;75B4=7+=F<C??7;B=CD:A=E9DN;D>F=9>E3>5;:=E6C:G93=??AB?=F;:?:A7C>ABA*918=;<7DB<<49C@2*A?C>F@,9?C=5<;A=:8?=?@B6F/BD8@3B4>83:75=;><1D>A5:A8<AA:B-DN=7F0:1C38?7@?C@:2??3;;5==9D$>AE@;E1ACC;@/1<>4CC81?18B@HHH?3=;H;2;D?9E>;3:H;G?;B?;?A@E><>7=B=>3ACA4E5EB@DA<:6A;9<>B?@:6@E:C?>>E;>E::BH<2D96@B??E@>?JA=>=4?EA?>/>?;G;FI:99=FBCBA@;FAF<<69E?B>;79A0?A;@DJ?@5@/F?<2=;D@B@?G=@71@>8>9CA4;F<;?<9@;6A?A;@CF@=D9DA=8@<7H:>>BE6@;;>3@>?>?B:I>=CHJ<>AE=+<@D/H==F?C>C@4?BD>FD>DA=?=AB=D?JE=>@IJ=?G;>;FF6DC?:EFM<;6K9@E7ALA?C9A?G@7?F=4L>>7@1C5BB>C=6@CJ=>8F?GHBEH?G<=O99>EC>=A;BGG<;B=8HA8>S@;:J66I3>D=CETAE5B@NG8NE;6GFDCA=B?U@HOLALEMK:EBB?KL?>FPMNC@J@?M5LHJ:EELKDIH7@9LCLPCLLMFPMCHD=?>BB[GHMRG;QJBD@EAJ>HPHAPDGB>B8M_G;IKK>EOIDTHLKRJHGAKLEFDE@=DDUWKB97@5ABHCCQ@>E;HD@FLB8LD@DLA>BFCDFH6?BF=>BAFBE9CB@DDA>BBF8>A@G1A?L>B2FH;AKCHAI>CEGC>IK@ED:EFEGE?A:8EL=AA>>?JCC'=.=BG?3;<@FAHF<0=E;:@H<@IHA1==3IC5?E8?LDDL>AM96=><<9CEAH<>AEL<>EG7BD>4=GBDE?/>EI5@0C.C1E,69@?D5CL>LD??I=A87?CBDG;>>A,=@=?@?C;BDHG<:ILDG:1@?:NIH87:=1;24G:;=?7=6@5=@7>/I=9<;7C8>=CCG:><<+A:88@9=9:8K?=35A19B@D@B>69F48:ADFED35<<4AA;D?>0@=4B?@9(G9;AAB68>DF?:7@>ACF;:C?;=:*B-5B67>/=A@?2@?M@B3C7G3:=E?0<:DACE8:BD@?DD9:=;D?A9?BH0>C5;HB;9:<C=@9D=?=;1D;@?.D@@D;=8C54=?H38FDAC?B=A:>=M4:86@?6:E=@3B;<=CHAI96:FA8H;.G756I>8D9@<68=5;C<6@509@>;:E@AFB?FAE99F>CIB8EDDBD<=CGHA=A8?HE>:8I;F?@<>D@A4>87=AAA??88??@G=9;9>A53G4098>JB??5=7>8?IBABF>DED<7@?4BE;L7A3B:B?3;;>F:4A@@@6469C6GE:@D?169A6GDFEB:EB5C>:>?F=G>7><>6>E>A<8G>I??DGODD@DC@A@F@G,D<;:2FEB:CA;D@DED?=F==KKEKCLDFEF;>DJAFIEB7B@GEJ8C:8@;E@C>GI6K?9B87@AC56:;QGF@FFII;?>>;EJ5EFAH@DFC@9GB:?C9BEDFDFAGG=9HA7@DAGBGFIG:JF;IER=MBE9BCT;/F>G6IFDFE?BG@GSLCGFLGCOA;FILF>H@HJ@LQC4QJRN@FMD8Cf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fA@HQIOKKLLKA?EQMFIWC@F>>ICE:?;G>BJ?LGHKc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q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`vˆxd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jsmi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b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g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d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`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b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a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`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ˆª¡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e_h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|paGBFL@c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k±ô­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œóê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c¤Ž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c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zUd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b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f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

BA:==A;=7AD=@@8A>B<9E=?=@>4@CA56E3=@<>8447C<673BD?;BBEC:@>=>E53?=;HE?:>?5=9?9:7=D47D@EC6;@>F(9>2IB5@A<8@9=<1C;;E6@8B;9KC846BG?;CC5+@@B:9;B5D@@:A=B>4C=29866A<>;>.D:8=?B>6?:7I5>>ABA=9ADA<ABHH9??D=>54BCJF)?CC:B8A;6>A3G9AC2AD?@94<@<85?B>G36AA:>@C=H=0@AH9<9@I=@:<2;3B:8=17@:6<:=M?:E@E?D4;@C:9;F3CCJ;9E;>?/?;D=F=4AFBB2H8<=66E8@C;=B@D6>GA499;>@DGAA5A??DABE;@D;C<;AE><;>?F?CDE>DA6=FC>/@>A8:>AEIB4HH?5A7.BB6@24;6=>==F6@5E>;D@C>IF<6D@===DA?9A=9:E4=:9*88;884@C9C67?(?A?AG?;<7E-D8DB5A:D548C@27@2<9:G;DA;7<:G3?=B<>F9?:=F36=;39D;7=9C5=9I>8==7;5F?3;:C<>B>9?>;)?-06>@(5?91<5HD4?B>F3@<*2>B1=2>+>A*95>@<D553@?/>:AA>=.0C+NB==*8>2;9=97CB>A=6<2G@3><=CBC3?9D:?46;?AB<<3=89@>CG9>-B1:;D;?B,6AF6<@6/>65=9:7G5=HB6>.?18?5??=8J,@5=@D>>5B<4:@?:/4>;793?=7>3:2C?8F@:68@1--:?B99=?-<69C682:D::=B=D<176?;6@5=4A?6)6;6:53A8A:<>>6A3?E34?:8-C7H;@7;BB=CH>95;A>@@<:?20AF2@;?:D7I@96?,3H;?=B?@??BC7;-=;B:>;87J37::D;<4;=BGAA;H6CAA6<:>@9B7-@CBE037CDC9E6I=C:8?@:8@B77=6H30ACB39<8A<>?A@/@:?984=A@C<;>7;<;=C=?G=>9?C@EBBG<6:=IC@/>6A>B=778?=6<7>2<6@<585;8=4B5?>?7@;<7EB?B<3A5A=;499?,?3A984>6:7;/FI???@89?/72>98'BF@C9@8?B@8::CE3<6992B:B3=98A<:98+069@74>78>7;7A1>:CAAB858B<.D;C978?B9C<9@A.?G?>C>;<5E5H9AAE@@*@;>=9;@=D<@>/5579;7*??>;3=4<7A@B;6;;D9=E>?0F@G=2<>5BE?<@/>==><@9>?239::>BG2;;<=L;?>>@A@H>D?@DM>>@5>DB?7EC5986D;=;B>AH:GF935C<8;=8F=6>)A592;;;?2=?@;6;A<8>?CB:>6ACDCB6?I;;FA4>>1:(B?B?A<9C6>;=85<7/BFF@D0D=?D:E:8DABF;GFCAAG.F61AE73@=9;>BA@3B55@9:==A5DC=A999>5<6?9@->4D*925BBD>:=A+@<95I?B@6>A:=0??E=D84D6<7<8<@;9@DE7@@79;E;@>3;?*><66EB=BB5AE8@<@?BA=D9?BBFB>?H?;C8BA:@GD1;9@4>@8AD/+FC=9H=;;0=:AC9I=9:=9A=@=1:;=?9?2:;D55.9@AC>57A8>30F>@=@7A9>H@&>8G7>8=>=;;@0,C:A?=3C;=2*=CB9B<6+77?E97;:D7/C32:>98=K;>0GB98:6ADDCA5>:<5H1?;?B:D;3<72/24:2C,=:C7869E?C,:=*D>C6C:7AGCA>C8;;-@89;B8;1D@BA5=:82D:<>7=A@;4,7?C@1;<*3:F5?4<51J3E5@5?CDBB573?8=>;<7@DBDC9:0EFBC=9>@:>6?FBE;CC=78=C5A9A;;9A>@;D?70088;:;1?3>4<;25;=A5>036=582==2NC>989C6A4B8:B47B;:M=5=F??;D2==>G=99<78;>D=H:5;8@4CF<469D@:AB79;9D75@>+?1?B6<9C<>>;=:8?98::;BD=4AG=7;E<7@<;7*=<5=1G=9:0AG<866=67=:;C8@9+1B,5=7<79B<;>@;4<=<6;@:;HB=@G2>0H@95?1B=EB:8B9?>;9:BD0@9;7?>A-G2=@;C*9<50;2=09;=@=7>E:E<<:B;:7;B3<:B7==B:=5;<.K1959A>?5II?=E<*7671=<>@2<7@8<:+=A;-79759;5@63=DB8D<87=&5;A8;6:;6?AG8;=D<29@6E4C76=G<;9A=74EA9FC=34?I;8EG8D:9D>D9C6:@:EAA?'2===9+<;;C91?0A??7>4>7<:78?87:5>5?9@@ED?D=9149@?:D_:.@FG;;J>@8@68=691@EJ8GA?<9;<=9?=?B8F@CB?;EF>>JF27=59?F><<9<@B<:66F>CGEIA:?=?B@>7ACDI>DBA>-B@<5B<5FED@?@BNF7?AB88-@/<;A;@?KI4DECB>@0=AD7HE+@>EB;@D/?@CDC>8==<7@=?66;.<=I@F<87>;@KAFG>?E>;D8?:A8@>D:A>5;EC48;6=G>E?0F557:B@E0=?>9?7FAF>@39D29;<9>C46@7FA==2JB=C7CA@C?<=FEF?FJ@BCCE=>>GABD=9BBA@;AG9;8E>9=5G?=:E9>F:6C<4D8FE>?;AC@@?==8@:CH@>@>@A??;DFA;BD<2A:CE;5;@H8:B=?KB8E4@<=AC>@HB8@=;?BFC@@3HD"B7;D:?B:C@BB457BG=1:;9M7?6:=?55C-?F94F7B::7C9;>>95<:;9>;;/6AA4@<:;B>9<@?<>:@9C6==8=6B3DG2A;;DE;03>B==@<3A9AA?;?7:=5?940+9=7<2;A<<@?75FDB<;;@=01>3?@;@91C;3/9266>B*2B;9H<-E9;AAFE?8='4B8=:;6D@7:78D,D>9E>D9D??3=>A7>@>+??3A?@<=,AE?;AI<83F2E=@?<):?C@ACH=7>==?E6<@2?9D<6A5:C>?E;;<=)=@26@GDEADG7FC=BB>A@?F0;<@B>A5;?B=@J97@A::?:1;?/:6<@>9B57A984C=<;3@??7AA5:>8==G8>DB69@6C8=A=EB:4@>9=AECBD;6==??:9>A:H/1A@?2:BIBAA99@,;><6DB@==<8B<6C3E:;88=3B=B=D;:@@8C9?8=A6?85D5F2FE=?:@@8C5:D6<8C79>9,D?=@7@9A;A@.D>7=>67<867B;:@C@?C-04D72>:@BC81?8@=41>9@>6:>B9;8<9<@=>BE?@=7@=96B=:/A<@?A27I9;8>4A=7A57B8<4>9;4E9??=8B=<@<4;B?OFA?7D;BC3*A;B3>6=9;HIC@?:C18=B:8L>>D/I17HIA:1(D;B8DBDBBB7??>8C25D@7?4C>>3-7><:A8?9?4:@CH/?B0F=B>G><>;?<58?D6;C?=3B9.9:?A/1@C<0=65I7<87<>B=G>=A6>=C>D9>>>3F>98<;7;@=9G<>7AAC=AB/<;4DD;9F6=,?9@7=<6B:?26@=<==D;67;D=@/9B@>:D4??;???4DD.>H>A>/C?B8A4B@7?B:=+;EF<>9@8BAD@=6:<@C@>;BO<=:06;96=>6>C>9>=5EIC>A>E1;;3EAAD;0;@44:74B@8B8EH>.;AB@C:6>C>=<:@;E@C/F>-KJ?>=C>B>8FEB@8BDCBDC:==@==@9>;<?AEACBD:=?B.H?:F<;;<5A.BBHF@CA=FG?9=5C4A<5:6=A6;IC>CFN8;CH?>:C9?3;?:E><2D?AEB6@C52E=?D9E=;2FCAB;AA>@5E=>;C@?;B?D2=EFDB5?:8<==8DBBBJ;0;>DD:CB@:@:>9>=5:85?7E7HD/66?@A?9:=+E@<>?8A:@:?>E>?:A4D5A4EC=>7>@=<48?3A7?7@?.BEB8C=E;A?;B<1@C5DB29B71<;6B@A9:@:A(@A8:@>?A:2<9>G=>:?88B;>BE61=5>6:?8E@C>?>A?0B>?C>@=A;8=9C?>;?=D<@>AD2D?;B?C>;B<7:IBA9C8=5C>=84/8>:B?;ABH:G7?CDAA.47DGC79<57G>>EE5GA7B?DD:<=C5=4F;=9A@7AFA9UA;BFB?<@F>=@C>;6:-@FC?8?F=5?=<;?CB5>D?B>55;DB.=?59=?G;B=A>E3,<>A<@C=:C=<71=E@&B@@/ADDF@DH:;E6:H6;<;C:A:<2BF@C??3:C>8?A9,0@D:6A=<57A==@9DA=4>B;>:7A;>@>@=>@18@=46?:A?@A7E<2?D97?C<;C==;A17CBB6>93E;G7:3G<KA84@8=C@D<<>C;=A?>B@?<9G9D=?68@A?B;EA>E<>B>@?;=B1HJ9??>?B;0B<9>7<:@=?A75:784@AD7C@<5?@9B6>CB2<@:3@:B3B;846G9?BD3D=C:D@17=8==;2AB39CC=@8C7*69@>>8?9=D4D589B>@F<7>1@7D=>;AIB68>6@C<@;C@;CIA8=:6?8>9>B=E;>=G8AF9@;:>7<;G75;9D>:;>BAA:A19=6B4?EA=@<>8@;?=7;-78?<@3=73@=9:;A<;624=EB=;<9=/=9?C<=??579=7-CD8A?860E3>:?D5EF>38=FC1;@>?:2BF5;70I976A5F2B4C?@@=?D49F?>A;);::>5;>>::I9@::4@=D?4=<<=@16A74CGDB<>>:0183<97A;;A8>?97AA9;>C9AF@4F;8AD9=9C70>>;@=I60>>9?6;7>@>.E6;1>:E@2>6A@@7@E::1B:@@=<6H0A>GK>><93A87B587E4:?D<98=:CF=B;3?=@=DH8ABB>>=?@>8<6/==5G@?A7B>:D;5=F><@7>>+<:G6>;D?5BBBAAB@4BCCC=@<<6<@>5@;6FD@6=:=AAFBCAE;1E@>>>7?@@A2E7AF27:=@9<<7@>JIH5ACABG@-83B=2.6-?@A:MB9>EA@DFDB3=EAB>A?>:9JAB:C@*AE7=B6?D3EE>8BE9079A:HBD7DAFA5?B?;6>A>4=CFGADEC?B3@7C@=DACA;=?@?C=FHCG??B=8@?E@G?A0B-@A=@9:A8;>=C<F:A;8<57ACI;1A>@6G:J4CB=/CB?<9=C<;6>:<9=1:;1@7?<8/HA=1>H.BG<9A;=D=:9/6@:7>6C>/F;6;0H@D@?AB27C>A/>J7@>?A>@9C<;7B>B>:A6965A+?33=;>E@A7<::HD>AAG:A89AGA=4B-1@4B?G:CE@A<==0FE>B?@8>B:;A<:A-6?A<>8?B<1A4>G: D>D7?AC>=>>8CE;-=><3D8B>B2><;B@@A;>@5CC:=;97BB?6A8<@6?;9?DA;>?I=;5992LA72I@9/;;/=8?76@@BF@C><1??GC?99=@D-<=7B8BB?92E>2@15=A5;E=:*=88;=)>77;B5?C:?2>9>9@<F28B:4D2A=1@=?3;A:898?:<75GC=:?>,=A;?<9?D@E909<89FD89?B2B29?7:G5A5C?4/M.A8A99?@C=>2H@<?:@:@3403A>=@>@<@9>B4EBC4CD05D?=5+=C.+;D:@E;B4<6:;@8C@<>7C.?=.FD)+8<4<2=;1:@9:@CD8@.0?:J;A7;2>5=;6@@B;;;A??D@A=CJ6;>E?:E<;>9@<2+6?>59?;3:>==@?5A877176@>:>?9=>59.?9816:63;9<>?B:B0?C==B>=<=1?9;35I3?5@>2+<>CD:>85A6?>41:;5;.C,=B6B=1>>=B:@FAA@9C80D?4?98@8:<@=78@7<;469;/8?6E>G=<:=:A:2DB<34?D:5=BA<77=@7C48?5;/48<3<9F;:>98@*E>;>?93;;=BIF@09>CA8@;>96@7A=68A;:+?88;A@IA<7C4<6;2C<=G?K?65?C?B<8D=A4;:?77<@>?5HI7<45?@=BGAP<97B>:E<:;C=:==8A2?>E@EA>9;44J:?BD-@;<:CBCB<@?-3><1<:>CC==9B>N;<@D9EB@E5,D>BCGE>;9<>CB@@9==G??9@=C>@BLAB9DC/C?98ABB@5>@DE>9CBG9G;HC@29;D=>8?DC6BA;<=3E@5E.8C:93BB>D94:5CA;*?6C@<>>/>@?BD@@4AG=A54<58@=?G7AL?>@A@:@A!@:0>C>>9C<;F-9HB;=C9C88=?CDA?8>@J9C73CC?D.?@:J1@?1E7@<=C:?FC>7<8/D4>=;=3=97@@7=<98@;7=?@@??->:9E?)+3=4>2<.FF;988D<<>BA65B<=@?=2=8=B@E87<3D=C><;<;>AF9?8-;?EA@ABB>@?<::C78BB<>GIB?:C?59B?9I?7>HB>,9F<7A>2::==??48F777>CD:@-;=>BC7>>0E6@>B6EA?FC@>A3HB=FG9GF:A?;?>D@@>=E>CBB-7A/D;=;8?DC<8<;@:>=7+8CA?DE7K828=;94=0KA=D85B;B@B678=>1?B4:@.>E>89>;D7K9@/B9<;0<:>=<3D:?;?==;>49:A?C@>H3:B4C7=3)4@G0519?;4?>B?>B<=;?;@AC8>5;A>;83G&7:@=;@B79?><@6A@<@8@<<5C>8:8=.A=3;$@:A;9<497B;=8D=?7A=@<@,54B5<:<6A;6HE5A9?C@>E869?@:@?=A@<6<697;==>>9<E;?E8?5>>58???@49916<59EA)8>@43;>:=?I:>667<:@<=,A/7D;DBF<:E)95B@65465??-80DAF97;1<;:7-49:6B>=54=32?<:36B?;26=5>A;8:;A;;A>BE95?<;:>E?@-2:@@C95?-@<=B;>-66>B3-9/B=EB?147980>A:B=:>9>8<6:7-9?@6=89>Q8E:<5?<=D1;50C>)4ECF/AC756@>A@::0:@5B:@A;5@1>6?/>=5=;F=5;D5A327A=@9F5713@;E:<1DB>???B>G0CDH;A>>@G>3CG@=5:VAC?C===9@;@@F==;CBE>F752=D69EADA::;=7;2==6;@?>:>@9A6F>D@:DG=@GBB8CE@;@9?=@@DFEE;J9AACDC=B5=?=D;B?:<8A;?D?+;G?D<;?59AC;>?>:B<4=;;IC@>:89><@AACG@A6ECA9CD;FCE>+;4:?CBC<<+9;A;;AF<8=:AB2B>>>2?C:H=97EGC<>>CA2@8JC=F?@;1:FC9J6G>3?AAB?@ADHB<7:?30AC?4CB7@:BH@C?<-CB?B7:CCC@<;3>:=DBCHAEJ>=I<;;>2J><9E9D??A=EE@=;C7IEG?=.>>9?9:7H?<7C6DA9:EJ:A=C4>A@A=AA?4;B@?85=609E79=>=@5?D>678=A@6>8A8=A>4A;>:A43>/;?F94AGD<>?<@>>?=;?.C:=C7>CCB2868BH9(C?<>>=C863:2E&=1=,=.0<<:?@?;A7:=2D;??BC?A0>8F8:BFI3FC;;0@:CC?C;:@;:<@2=>=D7<.<87C<<19F0AB6==?@9>?6G>>:A6-?A76BE?;;?E99?BEED9A;?;8=;AE?C?>;?:?<=;;?9<@=;)CC-@@07998;,B8B.8;=C>CEA:;6??D?:=3AF@?5;;B@<18:6BB0;=8=>@;9==@>:E?9A3820>A5BB>B9F@A:69C=C8@09@BG8?E=<=@/A:CB;@94;@9F@D>C9:>5E8BF@CC?,9>?:=>9<:D>>CCAF@H8=27A<@H6:=6>:>=?>+A@1F6D@8CD@C89@EF:?77C=E>8?=2B@9G<;=@@5??3?I??9<;;?69>:??D>;88?@9?=52?<==?=B?99AB>:DG;@5@AH5D;:58AB?CDAC:A@>G7<:4?;;1F@B:.9E?;C?>@.A=8?>8:7<@=H9>C87F8;=><:1?$:=C;B0.<==>::=EC:B;.38>@;<457B:;DC8>A0@:>;A.2BBBDE9@>3G5:4?:=@A<9=B@EA8;;5;@;A9<A6:>3;@BF585>@>>29@ACG1:@H8,F9B@2BAAA;49D-9<=CA8:AF>A<;B@>7891AGBB:=>G@BDA4@9@>;;>C?<=E<);A;-=G8>G>;F9B>56B;8;?9:?AB=;<;2?BA=AC5;877:;;2B>B99D;@C:B;7E<>+=1@@09:B?51=CC5:2?;;D=B8<655J>:?>>6=>AC9=B7/CC24>=8:E;>CAD;;<9AA8<7D39EB4BB:C@?@>FD@8=@@=B:DIGF4:==B3@?8-F?AA0/D<;2>;<>?<@<1>=7A8BHBB>?CC?D@EFADBD(>@6G>B>F;ED>:B/B==?E476@=HCE8H87<;E@@=79599?A?EA>BB1B@K??2=A<;C?:AADB7DH>>5AAAA(BH0DL@=>F5=>E<59C?C:?C.=CG:>B@65:<=<=8;D?:9?9DA>9/E@J>I?DGA=8;AB;5K><:ABK3=;?CE>;EDBDE9G@?D=6M-D=ECB?6CIGCCCCA>BB49;>C=@HFAB>FE=22FDCA<:9NJEA;AADKF9F?@;A<=C?A-2B,>8?75;A8=<@;9CB;:=BC:C>>+BAB>C=BBGF=?9>@=34AACHG>+=>9?B3A;CC28>HB?6=??/C;<9:H=7B;@B>;A>=>G8CDDD@5:=@BF<@:?E=@IBBC>A?EC?;A<>MEGB<=9=H9G2H9<78A>6;KE<<3944DKB:>>$=48:>@:A=7A?39E?G;CA:;F>AM@70;;C;?AF>@?:3:9<:?ABC8A95?9:?A2-B>G8B/9>JBB3;=(4@IH>7<@>5?<58==76?G:?B:AC=?7;B=>A;0::B9AD<9-:>?=3B9D>?==5A@JD;;=AB?A3GD;;@9>;;;=7;6141=:59@:=?=A7;@96@<;0<<=;<6=<9;B<:DD=:B@-=E-:C@:@=9=?A><-9BJ98@:8EC>A>9:E=@><:F@=?8=9=4:2D4<6?;I<8;A:D+';@A:=:>;=;;C6>>?F=D7D6A6:9D>BD71709:><@>>=G/8D7C=@:5@5A6@8?9==D7D7?1=BH=A=9=;>=C=B90;;B?4F?KC;>C4?9:A49?6>F4I>06=A8=;/2G>5,;==?IFF=:I>*B4+1BAA@?5?@A:BH=H1@8;?9=@=7?=6A:8<-6K=@:B>986HD>G@D4<;>C6=>@>F=8E?;:I<.=H;C?:=6A>5>B???3A3;E>?H>2DCA?=05EABG:88:<>D>B5@>B?9;?;8@8@@>398B944AGD:>.4F>==>JE98=@=.<25@BG=>7?89;?EEGE;9=C?C-CB6209F>5?A8C5:==<>57HA:=5>C=A>4??;AE3@?7<;HBBE=<;BED2C/4>5D5:B09A=D9@8B;=9JC=@D?9:C6@2395:6C=>=8E=>E=D?CD?>-=?@BB>?C>?H9DJ=2FED@F=?D?G:?:<=9=F3758@C:B@-DCD@BB9B=L@?BACE>C4(4>F9>B0GD9->70DC?>AAHM69=G;CNF)Q>AEDCF/>7C8?F5==C>05?78KB9>6D;@ACF1H5DGDD?>D=B92D8@B3C7<>BDC=?BJ=H;B9EG;9DI7IAC@=6;4?@@@::7A27??B<>E=;4;C;@C>>=>764D6C8@GA@BB88CEAH:G8=6@<97@@>=>B==:9B@G@@C=C:DABBCD?DBC,C<=C2A=@5.:71<5<@;=DE:47A;:=?>DBAD,ECD>G8>C6B>:+D>5CFCF;BD;DC?<2;A6;-=ACBC=BCFBA1B?=B?A==E@@@?7A<+8AAF92A6:7><87A=3E@FA>D@>>:B@8@;C4EG4>==BB?A:D/A8@@>E9C<=A;C47B6A>=D@?AEE><=GECB9@B:=@:=@9@947<:BF=A2B=D;8B@D80;>B<9E=AC6AG?>6874AD>9?G:DE?8=>>>A5?@C=B@<9>826>D>B9;CB<3@A6?<:8@;>J66A<;B3B875?A?BA?;A:EBB;F>9==C@2@DDDB;+F=C=?@B>?@@:2.?=.==8>8>7B:<=:7J-7A6807BA/.B75??;9??>IE>8=H@C?C:A<@9CC=/<7;?@D:?@E73D>A>>CDB;=;7>=A@;E@9;>=?FE7?@@H1;5????:6FAC64DJ9R1>B3E>E<1LG:H>=FCJ9:C=C;B5D3<;A>:D;2B?39@87=>8FE=>AC@=6A@BBG;>:@@HA<8AE9D@?F;:0>E69>;;@AHI?:99>@>G@C@8@<2G>1>E@J?>C:=9=8DA9@6;<4:;CG:A;>F<9A@;A9?@>D>E=@;7<=@<5,71<:D=>8D7C8A8@=A>@:9?>A@7IH=:BC==C=ACFA:E@@DG>?98FA=H7=DE=;5EE7:C789.=A9;25?16:6HB5F?@2DE+@A:>3>DB;@<;;?:E5CAA;>;?>;EG>CD?9AC@HB;;9<;<=@B>GM<>AABB>D5@CAACH?>EA9EC>==I=DB?ACE0@BAJ=>G8-==?(=6@<@:EC9BIB?BA;:2<94@8=89C=:=AA=:7C?CIH?BB@6AEE=B@;;D:;E9@?F>AA?>@>C,:4E>AF4D@7>?:3:C>GG?@3F?;>;>H;9::HS87;F7=>>C?@;.=C;;CJ>C:=@FF@@?@E/A@B?0?@;;;9@?B?=ABA@7>/@I:C>A;;G>JB<47A5;L@2?G:?G@@A@BC9C60E@F@?><5>A72C?>4:H>>9;3:=?99B9A7>?=?@)3<:.>;7=D0<<45@@?;B83;?=18=;<48@CB8:DF=C/68B;B?>=9?289B;?;;@79A95CAI8GAEE1<5<:C@;+;8?:?A4DBA>2D;F>D;F?8:?>:9B=B@7?>D?DD;I;?4;;2@A=9@A;=;@;F:?<?EFG<9A;/9?>E?C@EG>7CG?/7BCB6B88=3E:0I?9??;/AC8F<4?19?@?=B>C=8B3??>87H?:<?EABBF=;6D4BF7@6@DC6=;>=AC?B;@?;BC96==;<>E37=4=@?2DDB8@5C<>9I?AF>A9?;=@0EC,?9=:B?0BD=7F@?;8@:B?:<@>:>I:57C75?;;(C<67>6F?;A;;@;>:F=899<+7BA?;:8:;A>4C=5>9>>C3>HFDBD6@>:G??<<@@?>=?>>D<>@=6>D:=B=A;88>DA1;F?===4==C>9:7>?6=;=:B?;D?4:5<@7>EC8BAA0:HC<,G?<;1@>BE8==;=<:6BD>;A;@8>?3:8>;CM;B,D?A;AD@:>0<6<:.ABAAB?FA?=D8A=:F=?>>A9@,F?@9<2A72??@@?A>=9:?@7;DC?>@=7A?A?B:?<5CC@=C>><8;??8HB3<=;GA:8?B92EE?C:=B:E?A>F=1@D?CEE?<>B?B8D@?8?FC:=><=>;5D=BI=5=B:/JAABB@B@G@2?BA@?9;AD;D>C7G1A?>=AGD4B919,A:?>>G48C;?98@>3E@DFNAB9:6E7<>:ACDAE@=A:8DBA8IA?B7BC=G2;DA8FE?B7=?@-:=9>===>FADF2==@B@;CK7C:?94EF;GBG59FCH?3BD;;LH?BLKEEE;@?B@A?9I<>H:>AB72;>7H@<3==66A=BAG@;??9;?:1E;;B?>9;BA=;=?<::G8=B::DBE@DG=A88BC;EHC?E=2?8DB=?HBIGBG@G8D<=>?7>A5CA?AI>:?:A@:B7?=L:=7>EH=A>?07EI;E8:ED??>@=ADC<?K2A9=I3?2=GAA@@/D@KC@=>GA8<:=@A9A8@@@H<@>@?A4:0B>B>=?-B7>>:<;3;C?@7F-?997B=?EF89B5AB9H58F0<89=C;@?@9@E<8C?::D=9B:88;<8D6<67=?=3361>5:03:BF<=@2?=9@0?A:@>?/>B42G<8B7BCA=A6=D<;=IIB8F3AC=B4<=C4D=G@B>79=AF=;8?E27<9@:A4<=CBA9:;9A>>:>3F<9<@DB26D?GF>@?>;84;>>9C=C@@F8DCA>@G-<98@@>D84<:?<=?;;HC:35/D@4:?E:?6;F@6>>0;6HCB><@F8C6HB?>4D1??>@BA=?7=?B:3B:2FB??;<=BF>G=>>AD<7?>BE@8:<=63<A;;6B:;3=?BD9?@:E989<9==D?I4@??:9>,>;H?CCA>=E7C0=EB>CF76<.1BC?<=:6D?A=9=?E:<==<@3<9A3B=C?@?@D=AAE::;B=><98;?9G=@F=?B:62A?BA;8A6=BI:6E8B@=?9>:9B7C=6?A>=9?@8?F5B?;?8BB1.8>?D:C8A7BGE;<8AA>FE:=A77:??0@59BC@1A@B:;CCA<:3D;A?-F?=KB7C;?@>F1IC@>CB?6=3G?DB>@@=8B>6B0<@HC>=>A?9@18G<>D9C@J;:I5;;6>9><2A;=D9;AD>CC?/8>:6CH;I7?93C>B4=<<7:GA:=N47:8BA4D?;75A9@A=B7G?@8E4A5>8E<@8?@?HB6>9??=<==<;;FB?:F?9BGA:G:9CB<:B=<69I;8DFA9:?@62;@0AB95B=>>B7=>;:8?7=>C;B8<9@;:@6@?B;<:=6=03E@?CB>BA=3>59;C;;=;:>FBAH85:@>7B9B@?KB4ECGAD.A4A?=2AA?7H4C43:H@=9:@642=D@:4>/9CA?@8<4;AC9<;=3@E4AEIDDDLJ973@?MDEBC4?IA>7<>G2.CE@;GCG7E>9BDCACF@>FD??A/CC?GDH==@?787AB>>C?=1D:?68<=A<9A9-;85==A@8:IIBH;9B>@CI7>@7A5C?78>EC:?C;;CCGB:?H:9E2=>AA?A7J<6D@:=A;@?FF:>JD6=J:@H::8A=DA@D:>;4>@8ABEE@@AAAJ>D?8@@E;=HHFBAI>@89@9CA@F?P;7=C8;BB=-B8FD@;@ACI6A99<9BD6>7.?6GD=;C>8L?:7A>A?@:F@>DF?9F9@>;@>=;A>B<=DA>=DE::@=9?@=@C?@@;86E>:<@D7CABF8@57M8<6>@G;2:65:4C:9B3A<;=>3C7;8?86P898;>89DAHCC2BA=?B=;>;1B?>CFF:5>=AB8ABB@:@D3DC>A:;4D=5@?@:D;;<9J97=:=E9=E<4=?<;?>BCI<7>AC7;G@9DCF@C4D;>9AE7,C>;H=>?;9=>ACE=2>=?;;;A3?CF9B=?>0A=>=BEB6>3I66<=G5B>8C8>;EAC<@<2;468H=B>@?==?5:FB9A@?+-95?C<<<<;:9<=:AB:;8BAB@:8A;;C===@==>A>GCEEC?9CD>2A>G5:=GA9?:;A8>#@>A?8G8=:4C=:@G5;>;B:=;53;>1@459:5DEE=5;BD>8;@?;:@6@>?+?@BB>F9E?>1G=>:EF3;=?93/>B>>?>I=CJDH>BB?<;@AE?BD@>9:59=8<:=;@F8@B>=>D8A>0G?AA+>?G<=AC<>@??4G;??GBA4DA=2>BBDDI1@:<@<=2A7D:>IFCB:362?E8;CC>;B;D.4G4;AF:<72=A9DC=78<8;?H@?693JB:=B>E86@>6;=D@9B?BE:>?B>@848B<;5<8=F4E:B->DBACA==B=B>=;G7B78?AB@;=;:FD=?>E<@?9D??A:5?@=:>:;>A;5?>>7@>C=>@=D;@.9>D<=;DF9I?=8=>D?:I?G;B:=.B=:@9<91FD9C0=>E=:A9@3=>>?3A?CC=C1>;:A@@@B;?:?E:B@1;8:?5?@=6>A:99;@1<673B?@>AAAL;>B>1EDB;7@CF2=>?I>F?4C@LD?@;HCH@=A5ABB:=C::KAMEAAB;A>=F?=BD6CBB;@9C>CB=?=DCB=@B@H<:8:A9B=(=?>E4>F>EC=8=/77B=AD>E?=<9F2ABAM@79=;B;>B:<::LA49@G8EDH55AE3>A@G9?CC2?-CHGHO9874A?GD=:C7B-?==7>D><@?:;E::=<;B=CB=EC;;3?;F:<9;=FH3E>:FDIFBEG8AB@=CB@D@;@;<@A8=;:/;4@99H9H:@HH?9@:?:64AB?:8<>B?>8<7;?F=9BB;89?A:>:;>>/:>;;;?-;A<@8B:DBFDBECE7?>GB?8;9B;??8<@>8>;AF=:K=;D:D>@C>@C<4@H>?69D.3@D:;=C;:A?E92=>9@:B*ACA<7>E?5/5??AJ@C@:>@=>=@?>DC<<9L?98?@9>>;4D>>=DD@<:A9:?H>=1GA8@,=B<9:=ED?3A;=?:7BBD-=7A;AC==4;?A;CC@@BA@9I7D4?<<;8>=>>7@?EA>C@;6A>?=?DD<96B;=@4A?7>8CD<:65>B?D@G=EC=E76<@C=;2A?H?D:B>?6;KA713>C=:=9;:?6=BCA4<195B;B07?F4>9CB<:AB=E?H7@C?9@<>C>@?;E>JHD@E;<193A>D5:5:@J>>7DDA<=3B8?FDA96==@I<9@=3=<>;:?7C?>=HB:B.@9F5<;27=@>BJD?>E?<1E9AE>=<:EEC;D>@?E3@E4<:AA@AGDD8AB<->C8GA7>@B=BF<;><7?@CE2B7B=;4G@@EA>B@=B@=IA:8:A=0D.::>@F999>D;0?A?B;I>3=J=I5G?B?9>KD7:>8;5:C??E;;G@D9DDEBB2D;CE8DD7>C5/C4>B8A8BE3;>M>4-B?,804G?D>FB:5;@?DF7?>8<F*1:@DBE7@A?E<4:A?;7C45DC@D:@E:;?:6:8;B29:>?<>:6>8AE<7=?@B9E5@?A4C5B9A>E?E6F5A=>:??@9<>>;B5;0I:F@9D*A<9<9B;H>F/=KDB>>?6CB8?A@B/@>F5>7H<@8>AG>AB=@A@FF:D=98?<<<3EAAA-@GF<@IE6HH=9DAEE@;AC3@?><1>=>;A@<4BB996AGB6F56?GB@CBEDB=I4?/A8A@G?GB>?>>E=AD9?@;A;IBE:>9@?>@?F3D8:@?<<-C>:@1EB?@?G>=1@A?>6E7:@C@><:B=?=C>:BF<@AFA?B/AADFCEGCCB-@=2;E5<<8C@;:H==:E@;F8C?@?GD:A>8=D;D*8AB=AB>?G0@B@=87C@<8AB1A:6AGC:D:;>1<@A7CDB>A;>;D:86A91ED?:8=8==A$>?;B@H?@2E=ED999D6><>=7:G?D>6::EG??D=E@>BD?6CC:D@96>:HF?7?=7G8><;C>89@EDJ;DG8B;3>8;7C==6<@D9DFA@?@>B@C;:35>6<>=@C8CA<=ED?=98B=@B?7=A;F0C@0B6<<:GD=5F1CDCCB3;C9AA;>;8DO6E=A>;?BA==IA?FB=9::AAB>?E;B>7/@D9=2FC7ACCBB;>A0>;;:CED::<;5A@@?12C<>=@<:>74=958B=B,?><<@?;A@>:A3E@?@?:?C6ACALI:?ED?BA=;68AEAHC@@B@>?D;AFF9FBDE<;8H>8B9ADBD8FE;?C=.3G@@;FDJ8>:9I5@B65B38==8ADB<>?C>CAD5?<@>2;=@:D>>ED@E?C=7/<:?1::@0@F95EG95=D??B<99FB:;5?@98@A5@;<=9@;5=E692B;C99?>:@84?@>EHA*8=:AB=9>C02C6@17>EB?;D<@;AB9;.:FCAJDIA>@6:G:3:0B5;AAD=4B;;D?>A3EG8H7D?6:='FE>@E98?E<>87<==A<@1JC=5=F98897D4@?>=:5;LBH8?>G?;AE;?8?>/E6H5+45;D;=8?:>E9D=(A;5D<6?;BEE9:D6;?=:B;EFCCEIFH:C>D7;:J>>8<:G85=66BC9B:C;;=BC4=+@;CBAC1=8BC@9E/GE;>98=;HB8/A=?A;6;B8C@=975BA<@20<:8=AE?6EDHBH,9C?AA:A>BE:A7B=434CEB:?H;IJE::695=D2;C9(:73C5A<:7H8C@6D:-7>0@@?@AE?;A?E>;@D54AA4DAH7??A?9>@=D7>D:6:=67@7>/2>?>:>DC@AB689EFEA@:3E>FEDADE:8@8@<@D:?7:C@@;H=9?;=4=F>>;:5??@4CDH=C==>;@>9EG;:2G=GBHC9?@GB>L=A@@DI@<B8C==>J@A8;7A<=79A@GD@=4F?==BC9D;CB;DIC>>K8>7CB@4?4;G7JACBA:6CB=;?B5C@?><34H3CECA9>E=C9>=B5H@F@;D:B=E<7>FB5<@B@?>9F0:CCB>D6EB?0AC@A<>B=;;E9>;??:1D?AF@8>4:9:==6?09B>D<4G9D?B<3E9>E6@7:49G?DGBB@B?D=?A;<@>I=@9?>BI?=?<>99BBB;=;@A@D@>0=F@@NF>;<2/:B6??8;959A5?5BA>:>CBF:C>6>DA>>A9A:,:9IG?B;=B<9B>8A8=+:5:>8A:019;?>9@=ACCD?@@D=BC;ACCD86<4;;>>;=8E@B=B?:@AD>=:A:@D>>@IBBB?A@BB9>@>B5<;>7A?H2B:D?DD?>;;4GGC;EC@@:C>B:>7BDB@::1==<9C<@>GC3C?7-???;9B>?D@2;9=<<<;A<=6AG@:CF?/C>:C4BC@>536@93;1G>1B=?>@8E7C@A?><><><;<8A>E56CA==?9@A6<:.A6<>;A;8IA4D9@=E2?@??G1@>>@@9@E:*3@97><>?>B<<;BE6=G?>=?2E::<:29/;7<@D8;H642?9/?EA:C@GKG8@AEBKP=B9F>;@3=?>1>:7>9@=<:K29;?EH4:9AFC68B4;1BGBD2KCB8+=FDBG>AF@4E>8D8B=?F;<;@G96I>@BF:<=9AC9E:@=E@03C2931>DF4B@A=@9;<>6+?>4F3K8?9@>6AB>7A@8AG>C=F:@9=783CE?2;?;@=;@=>-::12C;>C>1HEE;::A50:@::=591FC?DH2?G9B>=F3B>D;H?C:C6>?A=4?=F==?=@@@@B??:3CEA5?<>2;IAJBGB6CAHAA13LDEB?<>@A:HH>:B@<<8?<5A>::B1@9=9=BD@5;9D;9E=C>A:BA>BN?B??<9@:=D5:7ABC@?<:CC7DB0@5?>:C3;>A8B7AF9-@E@D=9B?59H6JA?8DBD;E?K9F74CI;>2CA:?B>EACCDAC=DA@C?B?@;>B2B?GHH;BGA0=8A>?BAB=::D>7JE?;@A?BGDEB:8D9C@ACBDG@86=6?>;?AAH8=97?;DD8>CLD5>D>E????I>C7@F1@>?84G;=49;@@@BI.;D<<9BCFFEM<>D??D<@@@;=BA9=CB?>H?7D8=?<271B2C?D?B>2AAA<@<;B=ABHDGE;@@=F<@?;:@N::@/<7HCFA3??8=>:DA==ADBDAJE-=9<>?>7DDC=>D=AB@.JBHDCE@G3AG@=8>D@CE:G1?E@AL7E7?5E4BBDCFE?9CA9=;?CM;7??74=.4<3F8A9D9A5@D?A?:G=8?C>BD6:<8>7>83>C>97=.8E:62A6;=F58:>7CD@@987@B8D46C=EA;,@9G8:C?>BFAA=7@>.?56GGD?<+8F@BC>;@>GDD=>C14847BC7=?>F>=:@:$:B8B=@?=<>@=I?=:E>?<5<@?2CA8>=B<C<;B2@??7=???C=@;:@:5=BFABBA5;E8H6ID:>=D9@@=AGA8=;CE9;A/KC@C@2;>>?DC;?GF:F<>=GA:0@DD5CD87D==B>B?:>:CB=?CAA5@A>D>2@B4;2A5CA>AA<<>B8D;G=9=>@?5E<;@=?6C6D:FD2C5F7H==8C3=@1>KGFBADCG>??87D>;H?6C>1>46:A2,A-=<7<@B,D@?1A1?DD?:?/E8D:D;@>@GA9(A>B4=7D>8:@C;@@B:CHBD2C8<=3@B7;C<8FF>AAF59>66@8@C6@?>A>B3>@J,=:E8@4@6?6CA3D5:1J5*;73>@9<7D47BA<=B>7@==7D=?BH67=D@:=G2BC6G=@B5MF87HE>?C@7*?>:@CJFE9B;4@7<>?@89BF:=>9C-BB5A4<;D/?>FIFC74:CCF3?;57<7:ADFF?B1@A7BCA8DA7:9E8A=B9C4795;@F:3+GEDD8-6>F9=I@?A>2:B3@5BCBC:68?AF@:66D=D<=I4=C>IGA@>I8E:CGC>;3FB@1?:B>=7A<66AE>38?EA;GJ>0-D9G=DEA:DD9>?B:=.;;9G*EA98A4><6C8;FADFB;E==H=:618;<8>C?98:9:GAB6B63=D?@>:@>><6AACC>3>D?:?CADC==756;3B=BBF=A@C9BC6A@5CCF:>=3/8C=H;LE?8=?25F6B<;<<=6>?;AB:EG;F>8>B=2F@???FL=:848GBM;JD>E@E=B=A;<>8C@;>>3BCAG@>=4@F6==DA@?C?AGB?@?2C@=BBF@6>AA<7@C7DAKF;>B?;?C?@9@C?7?>=:<:A?*BF6DHG58I=GG<@8DCA=>E=7:-9=E2C>;09IC0?A8<-A=C;*3C@7B=:?D94;3E?<9F;;*0918?B@9CF>8>=@73?B@;:099=<99B@;;17=<;<9I.47EB4A=?:??=B8C<<0<04=85:@D;A7:B<@E8?@=98I>;?99BB<@>84>C@?7;<=D<>>AA7>8#??/E79.3>?@B59?D;>6@C==8B;63@@?G;C=7?:@=::==BG;>>B>DE:>>6C:?D72<<;D@;G;6?;7=@5D>C?9=@>4<9=2?.B?AA@=6F@7<:=B;5><48BJ:627A4:D>@@;=D@;?A6:>E78B;8K>@?B4>=E8BC>@>99@==>;>B@6378==9@E2>*<>C5H??9FA8BB;=AB;92?BCB45>/B:@=?=:D:<<=C3;B>9E61@6:;I;>54;>DB7:J,D690F<>;9D<38428F?:;D=@D;=5C(8>@B9;@@?G=A@7BF?E@1E?>A<9BC=E5=*11?>C<5?F9:>B><@@;8?5;@&:@6A>@5B@C7;9B7;G/D:A/GB8=A>B?@E;846F@H<44&6@?:@<:>>@FCE8C@:CF:A6<;>>;=E93C86;;?>?6:9:<>>CGB;7,<=;04C?5<<=:D9C2-;:;36EA?3:++A&?==D736?:DDA?A@F>BCCC==>.F;>?9@:AA>=?9CFACEA:<24<66>>CF:D:8>AI98@<=<:E>?B@<:><9CBE9A=8A>>C:=J:<@A<8=C@BC.>?@4ABEFI?@::98D;><9<@6:CB06/C5B:8BCA?@;?D838<2;?2?3?DBG@B><=:G9GBD;?A=?:A?C86@>C=97=;EF>:88A?;?F@AA69A:BD7C::9,:@3AC4;HAA===:@D?C>KEG<6>><=<>66BA84AJ-H>EB3>IN>CDB@E:CF?@E4D8?=A9>G:DAC=DC:;7>IAC:FBE9:ACB?2AAA18E79H@?GAA;F;B:DF@?@CG:>AE@79BD;I>JA0=/>B>CL?@D@69CI::1CE=AB<@4CB<@CCHA9;4:/DC9?EC=;<:;?CE8DA.D<=8>>;@?=F@F@@8>@AA<=B;43@<;CG?>6:>HG<<85=9A6>A<@.F6B>=@@;=E<4=<@5A@>?/;8?E>6?H=4KG<.=6F=B99JF<>CGC@:@B7>>EBD976DJ>A?3A7?BF6/5C:?4E@<=9A:3B?46=8<(88779=/BD7>FC<==BBAA9>CAB:>:<:D;IJ;;E>9?:@@@:;:A>:CC9>?;?=AD>GD??76?7B1C5F@A@;G2@@8FAG6B=A;<39;?><9:B637E8A@C0@7<=>HB1?=:?B8E9=C:;408<@367@>6CDHDACD;8C>H@>6-GA?:B@=8:?5@;J2FH690<98@;F>8C?BD67AC8F@>5?98>FA2=:C>@4.96?BFA39;:C::7/?A:HC29@3:C>:6FC47A<6:3743;9?:8:DH6@H>HACE::;:A;7)?62BC;6C@A:8?>:@?81=C@HDDFF?B=/BD8;6=E4?F69;7C6F<=:;:?C8AB4@9B>4::?E85@2@<>D6AAA5G<754291>:B:3G7C5C;@??99A.=C9>:B?CG=@B9C2;D>>A8;6CA;?Y:387=:2=?B=?;@?4:C*9=99C=<@;5@C4DC?>;77C@<:F?=67AA9>DD864/5<<7718=:>:@<::HJ49@:B>H;:BB<:I:)=:EFC3?C@-.9AAFB9(B8GJD=5C=>>86;;48:>=8=4I46E7F1FA:=>=AE;:C7H9B?8D0C?1<=8F3A=C9;A;::0:B:A:B9:<=<@@;=B@2:9>>IBC@CE>G88GCA159C=>A>>G>C=0?DBABC@E8;5F7>C:>I7D2?D4::81?@@@=:F*A=I=>8,F7?&49;EJFE<;5>;EBC?-C>8BA;9/<;8@-=F:=GCC92DC6?7@C>6AB@9BAGE83988C=/B;A=CD@3B=F4286?>CC6CF@<9>E?CFDE7DA9;A:JB6>90GB=KE8;?IBA?59;BDCBA>:5?>:=9FB?9CE=@DF9@@FAD62<@;;9GB7B;GIC@8.@?8C<<@C=DADB?EB0A;CAB?@?7GH?:<<>8886E@67F;A:;<6=<:=BCA>:=:4=/BB@@J99H6>E7>=7AB662=@EA>2K>BC@>+<=>D4=:::A>0E8?;:4:>;@?3/@@=8>:B9B:E1;-8;/.=>==CA<8@A?5A=E>A=@?2<8<;F8=<=7?::FBN8G;7=DCHB6-9>3G@?799B=>C08=B>7C@>9H>)+7:LCFE9<;?B;AD>DC>F><1FA@C7E<@C?-FCCF>:@AKAEDD:???>?=D@>BC78?4>?CBB5:>;DC8=9AH7?CC<9H;B:=CE>E580=D:B:@=?EJ:;9F;BAAB@?6D>:>;@=G:?97D9E88F@H9>9@CC6BE:EBGA@;=:?AHC=?9>C=9B:=;8CH@><;57B9@J@A>>9;AEDA?:F97D?>:C;@;<7<0?G<6N7@@;B5DE>CDA:@CC96:F1,?;?@DFAB9C5?>;A@;A;45F::3<6>?DG*<73A8;;C:?9?@E==3A><<82C?B<<:@19B>/<@A6>B8J5@B@@@=C=AB;4?8;?FA?D3E;E16;A??;:<8>C6ABC;:?:A:@4GC2D>>?B;A=>;9>+8B69D37::6AC:AB@6ADD>:?F;?6:><28JB>4CB@E>:DB:B9@4+=?GIF2?@:6CE5A;7C?>;DE:9;?2BCA;A976HA4=9F@255?BH<8>AB;;A6AD5TFA#G2=8C;-6D9A7;BK5B:==ACD@H8BC7HH59>BACHE>G7?GA<6<=>CG6D6A9@;<6FBB74B<:?;E2?<=B9C69A73<(=B7HB>HG5<:=>B=F=2@/E>=7@=9@C:;;>?,D@8@9D::;D:DKJ@A6@B0?I@>>B??@@@>B<9;?5<>BC:?FA=5A>>GGF>F@BA>AB@:7A9I@@GG=><;C>C;.?4D6587D@E:4?@=B;>92CH;D=C@B1=@BI>8D=>B;AC?:6BGEE=F?I>??JG:F>=H?4<>?H@FJ6.<>1CEF=>9DDAH?@;;E-@=?6==5D9CAAE?F>@CA>HA=@69>B::@7?8D:D@1@EC>@E@/?54??:@E?BIHE=9<:@@@6<<>DA69DI@CFBC5D;F<58>=A=E>;?>:34@A8=@E>=B=GHB;<>??BHE@CA9?A;;7?@75BC7>GE5>8A4967>@AD4=E>8F>@:F>8EA9G?C68?@A5;;;90?@D;9?<2>5<>=>BG@DG==A89EA5>;D:3:>::2@3:>@7A6AG686:5@5=?><;6@C2:BCCB86B:AB?B1CBCEC:FA@F>@46B=D;>>8<>2=9@PCE8=G7>=74>11:89:<@==F;CB>D>57=?:<@5:?FF049@C@@:I1?B@@C7ADBE7?@=>C>C:@5EA7@>@?B?CE8:?=><<>77:@BDC@.6@C9>7>7@@?CC<5;?@987A?@A>=BA@CF=9=@<@<9ED/;?;=6:BFBEH<>26?A?=@.AA>.>0?@>;3:99B;==?C==>BA7DG=A;CC9M9?D>1==CA;:<9<<1DC?6A?4C>>:2>85;9?;=?>@>5C5AC8>@>D/;??77>;2GB=61<>BA2CF>CD6?@>3(?B:B<<>?=8?655?8ID8A@>9=9FBBB;@=:I8D@B88386:56IB9G>@AAF18:?=<=?8<<8@:>CB:=D;@=D=B?=A7*@>:@J=C=A45>>4<>C6C77D;D:50:7;B8><=9/<>?*3B8C9=4@4;E5?5B=:BA6=.:-8@6?:D>;>=::;4A?1=FBA@><654>D0HDBA;@>39A=D9>@:=GA:C>C=-93G@8A:858A:E>?@8<<==D5@1B>CAACHBC):6@@A=>G;H>=@@>5<=89G;3@;8?BDB<8;?G::;5@>5;.;8=AGBC1B@15E<@>=9<9?D:>?F:A>>?<<.3@@<@BAC<=;=H>H:97:@AD3=D?87E=ECE6A>AEBE?=E:D9?8A;DCD>AHCFLE>:6@G;B==7>HCABD>=94?>?E>:D=A>4<7>A76M3:AK6=C:;2<78CE>8?9>@2/@B<>@;PE9D9G:DGDB96CF=@3A:@B@E8B/M@D=7DA>?E09BA;?BG4=E@=CDI<5@=@:=;9IB?B@>P:DE;=J@B>?;BE9A7;A=C>FB=:;DA@G@;=MCB8C@>E;D>>@DBDA?>DE7AEA@?:CCBEA>@A@H:1D;BE:=D<7DDE=5>E=C9:AEA5:A7C3C9B9?>FC:D>?98:8>CF>9DHE:9BD<<>.:@K:BB;5=9AB>;7?>.@@6:>?D57:@=B76@CD@>7;E<6D??E6B687E:<>?A6<1A>>AC48>@<70?9=C>>ADBD,=?A9A?>EB/I>79/.>B9F/998?9>30CE=:3.;43>?B<>A>997@??@E99?0B7D9>:20>=?D>499E><:>==?@DAB98:H8;;A@BBD=@>CA5=?>E8C=3A;6DGBCHA<1@;>@:@38E:B>9B>.?=>A@?@<@;9B7H:G@@<=@>:=7AAI8?7A@EGD2>?CA;?5?8;I5>C;DBE<2:9/?:@8E8>GD6;C@@BE;9>E3?@B@>;C;51/9=>>=FB5?@@?;E9HA>B?A7A>=8AB=C.99KD9>?5;HA;99+C=;2C;B781==3C:9<=<>C>7?>FD@;3@3=;D9;E;:AA;>;A>9>ED>=@>,:<;@D2C:>1.C608J>?:0D8@;=5::=GB9C@743E4GC:=:;:79DB8.;:A4@?H?976@426=<>:5@;><@AC;B9D;BIB<;F:=@:;=?:A@:A?=>?7=A=3B4E2?65AB:4*4A@E57>4@C7<@>:9(93GA3<0D4?.<77<>.:EA69+>C?66?DC8A9DCE=F?58:?7C819A8BB6@5A3IA9>:@;?89@9;7@9(B7/8>A9?04A9858@E57AGA<;F7>B9?=@HCC<<=3=@=?=/;<5B;B:=?@6I=?@C49F=6?>5AE:3A<;A;9=B5>5=5>/.BB==B@98::>@<;KE9:D?9B38?@@?5::?>>DB?:D?>6A?@BC87:9D0EJF;C>=AK9>158>>?GE;9>7C>;IG:CH2::C:B?GED5??,::@E3A=>@9@CC?>91JD=D?4A<>>>BC9A@9@9G:@>7?B2?=C?B@>9A7?@ECF@<<85>=C@IC@=C:=BB?6E4=C79BA0A;K@H@EH?E52G@<>;CA@?7@@A:>>@<@@BFKG9J?B>@E:EI=<>?;AC=@<72>>A8F:9+@=B@D8=?<@>=@9B@@=:?;=98<7@M9I29C>A7D6A>@<>CF8AAFCSCC:I@G>9??9?;AA?DFMA@GC<9:7<>9B>BD:A@6J=<9F7,=;<;A9DE8:<=>A;>J:B>D9?>@D:ECE<>>A;=;?D-CG=>DCCA=@@2=<4@B;C9;AGA;=:@8:5@;;;E9@>F;@@:9<@C>6>:AEIBCA?A7@?C;?9;=C>@D?A@4<>G74>G:;G9?7<6<@<4@>=BD@@=GE9;C<><0=2B?0E?E.9BDEC;ACF=>>AA886@:=BA=9B>?DC?>F;5>D>?F>GD=>8?<@B>>;=;G@G9>C>B8@C6?:D?9E;>>GE88JBH?;<:E64D;AB?43DE<@99==A5E<>B76DB:/;D6I=>;D?:@N9EHFE=7F<9:>:@BI;7@8=8@:B?B?@;A<;7A=7CC6?B?C7@=E7A?E9C863GHI?E/7>8E?>B@D;?<>=A?C6D;=:<1/2H@D9CD=39N:C<>>IC932:A=:2BAA>>66==9;B86>@74C<;?D<9DB>D:7>>7:'@8887@>C:B8=2:8AB-FF6DH=D?B9>@5CB@H3@?C9C8CF974;;,?G475>*E?=78<;E:?;<.>7:AG;D1C:95B42:<5769:9@93AA3=?E@ECB;?;.DAA;><<69A:)6A8C7@9@870AA9?8==9B:35849@=D<<>B=D:BC89?@9?6E;B9D3F=>C@C7;FA8D<;;;=CE039=83A4A=@C>;=?BC;?1<55C>D,>=9>4?>>A;<4B9>A66:<8<8>B<;9:5=;;A*7;<<5CC4GC>0DHB@>6BC?@=9FB>7=;<=K8A==;:ABC?51<3?5@HF:3E3@?DDC<@<;G=7?@BBA>?91AA?@DDAECDA>@?:C@=E@75D=M?>D>=7:=<865DF6464;A-8?6:0BA:E9MDA?>@:=ODA7>B?@:>?;E>E:1EG>+=A7?:==D:DF@CG4>AE??C?.6B6@=GAC?C=E=@;;95=@=CC>;C/EDCF@?84B23BA::?=9B8=6C6A1AAD7=?@=RB;F=AG78EEC8?>=<:@6>@B;>>D59>;@;?D5C7>F;A>1C:EEHE?C@A@B7>F=F9BB?6BC=99AD6AC?=B1B1:A?<8?BCIJ3@B==>BF6DF?6@@?6=<8F>993HA9D5@=GC>D9C>7=:98>:6?:@=@E91DE>E18=4@A=FH@:BDF>F<>AAI=EF4F6:?@3:EA=D;>EC>=ABI>EH8A@GJ>;A=B@?D4)EA4C>;B=>C7=:8A;90=<*;=BA8:D>:CAH5?9:?77?8D:CF@8D5<@42:C84>?ECD>:><8?9B?=DB=DBE9;<@;99FA?B9IDCA<68GIDEA:>>?EC;?7>8@;>C?A<;?FAB=:@:BB;6BG@1=FDAEH>D?;7@DAA=?DACB9?;>C==97@@@CA@:>=E?3+93EBEDI;>98@>L6;7@BB48;=;D=4+BB;@C;F3=?8BDC@>=ADA997FB=?B09=E4.EA=BAA;?@5E>B2==;CDB74EC/;AD@C29:>/=E6-9:=DC:.9;<:(E;=@>;>?:8<@9>@7C/>>A6<6<7A5?=>9C7B:79EH8>=C85:8D>0AA@D=>@7=:92D55FFAB7:?=A><><@A+=8:D?16@??C@?@H=GDH4?5:>B=-F9>F9D<@=>@2=42A<;:D6;AA389:F:9?(3AEEA?7:>':C=8I786:;A:;2:C0:?D;;8=@A?2A>6ED??<+G;4F7=8C>00<>>B<(4927<9B;:>6@?J>8;=;?4F9>?:5B?8G38?7C8F6:1=B:<0?B:49CF5@A?9@87:A9?D:4?B??C*8E;<641C8C-/=;9=5A>;6;=@C0=>;:=:??GA25:C7>F:8>2B=8<=CFA<0G=8=?8ECHM?2<8=>;7:;D>D:;998:<:CBE=FF=GGC9L916A;>B7>IB<>7FC;4G>6A;HAA?@A@>@B>/E;8@:E@C7@@;>9>E<6DG:>A9@=;B:;B5C8@;?9C??EGA87BBF5;IF7;:E9;E=@B@;=ECBE<9A24BA5:@AA?@;>EBIEC9=C9<>:>>;BD@D@>DA5@8CBC=8=9>D;A<4C4>?BBA?CFE887C;IFI><3BKC;G>?C8>BCJK;ECEBF3;FJ5@GEB6BDC>?8@D@BG=D=@DHC??BF6A><7BBE8@F@=I?AI?B9BECEA?HAA>?:D?C?FH9;.>?F>98A;G7?G?@CA;@DB)@EEBEC@CJ=GCMB708>A-@A??KE9CCCB?:C=>:JE>@IO;CCI>;@?>8=@DA@B>>CEI?38>=:J:?@=<=CB@F?98?=5C/1A9G@?7F;A983=6A5@5@?A-@<8G@>:>AD6DA78E@C:D?8>CDL<<<196@=G8@;?9GGG:A>DB?>:;;D;>B?AEAJD:=CI?@@BB?5:A@>@7F<8D6?==C@B>;@A=A><@8B@0BB<==?F89;A8A=@9?1F@;G7@B1A;F=@D<@<7<>E6C8>CC4G8C=;E4D:=BEA@G:?=D;=E;G:@;>5;D@>D>C@A??9E>D?:C7CGC<>A;@B?8=G?;47E;=?E@9AE8>B;GF?BCD=D=0?F@A9F87?::839FEFBD=<77@:3A>G@G@A0AC=?CH;:,9IBBA@A==B4D@A=MB=F@7ACBFDEE@:8.?6@4A8B?>;=9A4>8E:@;6<:9897E9@=>@:G;;=CA;3@;B<:A3A2:2?@B8E?5=:<=A;8;<<;><;=5A>?I:;7>G:6<=<'<58>??:?>23A6@?<=?>7B@>2;9B;1=D<;8=;;A6BG4CEAD:<<,@59AA9*@=;:::C;4>?;>=48B5FE6?@9:>;;;C=G=?>@4B1?D?;8757=9;895:6H;55=HG@A3>68@@8E86D%7=/1>47@B$7D;C7@:=8.@GA3>9<:>B>@4>@9B@=@>4:977>CE:D=8F:E=-91B0=A<98?:DC64=@?4@7?=A*;DC5H<;DA==DAAJB=BBFC3:EHE;AB8=62DDB98:6B:BF97,@AC7'?C=A>ABC<;D@ABD76:DG?@LAC=:C5==C(8=@-:>9C>9@1D>=;A<@3DA@@>DFACC;28?>C::A::J49?:>,>:<=>?<3F6=?C;@6<7=:4@4>B8@D>@:EE:AE>>@E?==>AA=>A;@D>6A;B@:6;?C<6;;@6C<;D=AH@@9>6C7?>@CBF6@4;?=8>?B/69B/A:G>>?7O=CAEG==7AGBAEE=<;9:C8@@AE;ED?B8=>47>K9?886GB=FFBCAIAB<3>G>>?=@GALD2BH?:=C>7=7@@0A9E=?7<0DBB<;?HBD9?HKGB9??BCA@=F:D:B@7AC=58F<=ACI?I?C@>/?@D?FB1C>C;F::=F=GAAEDD@98A=ACHA=81;@DEJD@@=A:A?6=A<9BDGBB4EC@B8.E@6;BC;@=IB6NA=BG>DJ>=D@?9BBC@K7=EDAHDGCD3F8ABE?B@AB?BBF>;BBDG9GC9KAD6E;A>I7;>?<4<2*B6HGC:@5@>8EA>/93@<87>8D@<;>:@@B.?989A?=CHG<;?H=BD@;9B=@C9AC;I@?7;C@>IFA/>9=5DG:A?;B;@<>:G38I<>?D@8;5I@99E>9<;B:<;-D>C>A<37E03@7B:A<@F9C@A:A2BE8)1@>C<<5IJ;@>??F><99@@7B;@?@F@;4@HECC/@)4BA>2+;=7A=D@4?E>C>BCCBBC:4B6=FB?@=;?@B=43;8GA:=6E:@=B:=FB3A9C?F@>AA?6;GB19@>CBECKDJ;?:<=@@=>H>BD:C7=88B?>:6==@=GA:;B;@BC@4;B;;+=<>5=?0EE=DCA@CACA==8B/BD9D9;?8?5BDAB6?H=ED=<>CCA?@G?D>>EBEE0G?D2<H5:?A??E<93?FCHEF?=6FEC>=;?ED==;??<<=AG><9>F@9;-1?D>E:?A:?AD5<7>B?H5BC83I6?:=I??9>D>F@>E838?9;@C8/=C;;E883>=<@>A:4B<=DO>@D@=C:G@CA?;F?4@3<=;>7A=?H?=<3<;2E9@A38I=5@*9B/;D?DA?A:>?@:=A:69ACC:?9>A@>@05>D??@8DB=E9?A7??8H@C9>C85B/7D?;B??;C??;=GD?8DC??H5EBE:C>5;296E7BA:58@@D8;+::<1B8<=;:77D7E/9A!0C:B=?DD@8;A@9DC95=CG@:=4B95=5=GF(3B:AA:6@D8/=@@?;@F>4E@:=JFDC9A2;A79>CB=?;;>>F>C3>8E;G8=<>D9EBBA;D:6F?9>.<FA3>6C-?$=DB@*7C9>C=A?@?3A4E7@2D@5:@DI:<8=F@;;D@=>FDA5AAH;;A@?4D>B.OJ?=5995@6A4E@AEE>5<@IA?/?;C6>EDHD7DCH>@>@@9=89DBB5C@7B>=@=DCAE@EA?>G=BA7B9@5>@??5)<8?DBD/8@?4@?08H=:@G4J8C?A?;<>5BGI3HDD=<44?H>>=*F=>@E?<@DBBC>7F5C?@;@?>DFE:61F7A6;FCA9@BG9FC:@EAB=@<><3DJA4=9BD?:9>;>?;BDHA8F>:CLCADD;@D9CE<0FE<0ADD;BAGC;FC:CB@84BFA@C0<80A4::E4D?F879;:BBH9?51=?D@=;==>>9=6I859:A7/98BA8?9@?8=7==C;3DA5A<@9748?D@A>4B5D;F9C33AD49;AHB:<;;AB8;823-G8:D:?C2D5>E<7<@>96>B3E?:@;CA4>5D00?B@GA.A@<=?;?>8A=DE;I=6,CH76CBF?EH3@6=B:BFB;;%5AIO>AA=8?B5896B<=CHBF?CC2AD=>C=AB=G5CA7BC6AA=DDFEK@;?9F=B6;:7:;?=9?D78FHDD2>FDF69E>@FHE;=FDE@C=DED?BH90=->BB9C@89>E56?/G:-A;E?C=A;5@D;EB:AD0@AE5?CD?DC5?=;:H19A8C;9A2@B3?H:=:9F@9GB@C7E9=:?@AA:AA4:E?+8@?L9;?E8BC?@<>2G:=0:83;3E9H>9FB5F@::FEC9@9>9C<28@K@B=7A5=0?6A8FA2@4A1;3E>H=D?299:BI@0;AAF9@6@9@D8?A:;;953H5<:B;7@?9=?;>=B@?A96D3G@ED;*>:>;;4?B1973B@BCA+6>FBE;31?HCD)E?5)8,?2>2:B?A:C3>24+B?8@<4KF4=6?8;=.B:=.6CD6=33:CE>=@ADAEB6G;8EEB0:+7<>E=F>:>2-1H;E;868C88:6DACD6@@9AB89F<8>>GDEC@;A?>AA@AEF>@=8:0C5>:?7;@CI88<21189B&?6B6C@9B;586A=8=5F?@@0757?.A@>G@;CBD=;=C?@B9:BBE?AE?IB:?J@><::3@6;CA==,G=96@C<:47C;A=?AEF@BC;3D:AHBB?6;D2=CE3AC?;=;2C?>:@7JHEG@B4E@7E9G6B;=FHAG@@K21>=@B$>908A088EA3;G;=>?;A"CB5?AEAC>BACF7D<<=?<8:29C9A==A6HFAH<7E9K>2BD7MC;:=7D5@=>6<@F>9CC?3AGCCCA>E>@I;@FB=G:J;A62F:;;EJ9AF8@FHC@?82J6?B>AD<;FB7?E?D>:=?2<=BA97D?BH?,@D0F?4;?@;DIE:>BD3C4F78:E,?C?:2AB8=J2=IG:KB=DE=8GDB04EA<5FBID7AEE5A<<=9BD7*?A>@6DA:??1@6?;@39>0=?=99:A?>C=>=@O7>F=?B@=@>@F@:A?GBB>>@D56A<=>7(<@?7=2;C4EF9C:E8@A3;1;;=A@89==?8DF>DB::EA>4D?A4E>3>EB3;A=5=E9I;7=AAD9?A>?=IE@<@B75:7G2C9?E=?>6F2?>5C>@I:>9:A>DBA7@>>AB;?5A@8?C4:F==;8IA5IG;?=?D?6>B?C?AA??AEH5E;GBB@C:E6>FAA+8?CB9A3?:<7I=?FDAAAD8>@?B<<7A6DDA<6AG9A1>A5@H8;;>C8?4=79E>;>B><@GE:@@:CGE>:E2=<>::BAG5;;+;4=D=>G=?8?;A<8,F@4D8=68=?B>?5EE?6<,=<@6;?(=E=2?=A=D?4C=5C=98F9D5AAE8F@:<=E9.=889=3@@:=AA86@8<>A=917>AA@<;97AF<;=;4?37=5:@":.7@BA@A4*7?>(?7>C<:60>:88?5AB9DF;9:@A6BA4:B>B?:6B<;9>>3*=EBA<;9<9==;C;:@88@@?;E?<4<8/A78D;>>A37=9>CDB;:?;7:4.0;4>C?@?:<=>E>DA74=C8=I=DB;48D619:6C:;><9;HA3BF?8;$:E4D/5A@19M;>><=@B7.>@9::B<::8A6BGEG;B7;=?AC@B=>>>9.9/H61;6=@D;=F<8=7?=BC;?=>;=@?9EG9?6:::3BA3:;G6F9>D2>:?CB95I8AA=BB:>AHCE8M;:@=I:55<60==;F@FH2*D;6><E79:==@7?D8CA=?B>69>GCFC=>D>=5F2B5B7==0?5,:@8@FBA:1:?A9DC=BCH5B>I7@)<1;==>AGG<>?AJD?E7H*A=D8>D77K5D3G;D=C?DC@B?>=B>@>@:5>>D>DA68>=E;CGBH9@3;D?3>>8=4E:A<;LD5DE=9B9??>847?=48CFAA6>;6?,2@;@6AFC?>3:?8>A@ABCBJHA5B7AF9A@9E9D;@2A8:A2=8?C5189CE@?B::?B.;7;?25C>6A>E@@BC/;FC5:>@AG5ED>?;?A@G>=A;2DAGC18,=C?;>A?J>7C?:BB<986>CB@0;AB586DA>:6C9?@@450:77B.CB9B1AAD8>9DFJ.-79J:<@6=F7=;=77:?G?A::<3<6@>><>9E59JB=B89=4CA?E@<,@@C1?;;6EA=2DF<=B6CAC74;>8BA:;E:C6?:B.??E:G6@@D5=CC?=GBBD;?;:E@A>==BH9=/?=;@FD?AC5DKGF@DAA@B=AB:=40DA@D:AIB5?3*FB6=<::<<>97>JCCA8;CF6:B@B=;A<54;;:JD?AEF?<=?;@4EF10><9@=>B@G59/9C;AF@D5H:@872>:8<@CAG2:C@?B<?@9=6>=G=;?@DB<8D<3E>D?@/@E?29>-FMCC==5-6DB4=4:E9@:396>ADABB1#?AB?<@AIA;36:>E=?A@>;2CAA:B@A:6?@>:F>DL35D=@<>.>8;>9EA;;:C?@G66;A64C0F>C-=<:=F2B5A1B@=691@BA;=.97??7@BF9;56<-A=F4998G<;G51+<5=DC7=?B=84@?9<:C>;56>=:797;>A:7A<52<8@?=CCAB>5=:96@DK:>F7>96:?:E?F6913>4D2;>B?ICD<0>??F9B=?C70@7G67DFG5<:3)C=<8;3E=7<:C:9DF63H9;8:>B;1<2AM=?:ID?B>9@A?D;?:@91>AF;8C8@D@AEF<>>GA19:?C?'<96:>G>;;DA=>B?EC:>D67?;CH;>6>9CB:@=27C5*C3=9757?4:7>1J<67-@?KC4=D>AAI:;B8=A6;@9=ED;FE?1>@;=8><;@7E;<5=>@;D=@8A87?:D0@1HD5?@>3?:;96@CDC09;B;;E>1>==B7C=;,.:=;>CA==48/9FD0=9@?B>2:7B>BG7AJEEJ9I>=I@7GBBE8:>?C@EE>HBM3H;?>B:A>F@>>0=@=BA=E=:DJ8?@3DAE=I>@<..EC;AAC?7>=A@?@>>?89EB49>AG@CB?::<6;<==<<@?8>B=F=CG>A:BA=E>@EJ>+5A<3I/JCF@BAD7A>B4@8'A?E9F@;:A>0A@D=@8=86F6HEF:B;4B;AD=3GDBH:@7<:A>E0BGDDE;B@2EID>=2>C8>/:5F5=?CBE?=A/A9->6<1CD>GC)>D;@;2;9B>;4A:6;93=G;9D=??9=B;C@4;8?:@?C<@0ABHE?@-I<;8B:@?<(5:9AFCB?=CBFB:;D?9AH;CABI4@DC;C:CD?=;=??ADC?4BB=F94>8?:EA=?ABE??>FC@A@@>>C5BCC?B?A7EEIA6+5BH<@B4C?;49=B6G<4=5=@8E68;@M:B7?:8D;C;@FB(,=DB1NC7@9B:<>ABB<;=EAEB;D>=5>=D=>DG$FDB=6B85:CBBFD1C4;B@8AC>/=?A>CAAE@;=EC5B?@8C>>@C@3;2AA;@8AK.C;4@@E>EGA/$AG2;<;?<>84:AC9=H>B@?E?;95=:B;66DC=@7:FD=?I;7A52B<9B4A7E8>BC=371EBBCC7G*9:EC8D?@E<=@@@>1;70><;>7:?<99A9B@?==8:>48/86A<<@?;;2<G9@BC.<.>@9>;4>;B?;@@CD>=4D6E6$;;:;BD@?@9CK6D9DE5IBAB66>?CF;C7;=99>8E@<>7CB:5184?8=:EBE8?3:8216E:D/AH?99?;?CB3BC=D?=C=;<<1>8A;@?D8@5E::86>7A<7;1:=:3A?=3>I?A>86@C9D=>C;C?@;7A:D8?:=?>>DB@I57=A>7CAG6C9?@;6A9>C9:EE=@4=E>=@G:1@EC96A55:E3;<@>@ADE=>B9@5=C65==9H4>A19D>DJA<:?85F2@?;>AAB6<=@C88A@JBBB?5I?BCC?CFL=A77D=@C@CDF=828HC5=>9GA7A>A6B?CA@IDBH@B?A>E9G?CE:D?D2BBIB?;:5H6H<9HJ93D;:GJAFDDF8?@<:AGB1GBHB?D0??BCEBAC=DA9H5B4>A6D;@=<=HB5;7CEB><8B<=?=A;>B0%<4?A@A?D?5FA;<5CBA;@/DB>8B1;H72C58>D8BCCB=AA@=5@@;>D?D;B=9@>DECB8>D47BB:698?CD@FCB.D=C=CFA@FD<>:C69D?E>9B@=96B?ADF=/I;::>>@G=C>?9@C@@9F95=CA?.B4>716K?I;??740C?G;6@9A8>*5E;4G@C;B@;G9=<;@1?B>>78:G<9A:D;?FC<:;E@@B>.C@@>BA?2=AE>E?G:GCD3BE=5EB>BG@7@G8II;GDEMG<+F>FK3:DGCC4DF>?;A:D@4A=DM<3E==@?CD?>;F9@B@?I<=C@6@6=E9?B?:AG=4A:?@5LBF=BB=A@>@C@B?>=E>9AA:8?<8CF@>K/@8EDD:E5;5A;=F@B@@?BCD:;@7;G;:0I52=?33=B:CGB39EFD;5.A8:5:??>5<>G;DB?9;=<94E>:483/B>5;D<=<;D>.BF917>>9::?:@E=3B9;=?A:ACBEA>>E@1B@A@6?3;>C<@C=FDACD4;>9>>B8<3DB96;@B:?D>6>;:CA@1@D/?;4C8-CAF72:;A58:;HH5=99D>:@A?39A.D?E;9AGAA<;5BA:;?F9@>EA?8?5;I;?F?@89>B5D44;G,=:=5;497@>A>L>05<-6:1@E75>A>+A:?>;@BG@I>7@BBC@D1=D;G::>ECCC><67CF7?B;E?3>:>@A?A;;;G6?5F?2==3DI0.HBG.>83@6AJ:@:7AF@BH>C:.D@<;EBF@7<=GHIA4ACE/91985@4A:7?B5C<=73C2E?C<>@>D>7(CD@>@=,B=4<=B9@B=ICCBA7A5LEC484;<63?<>D8?5AFBED=7>86>;@BDA=DB<:A?@7;7=8>@CGF1:7K:A5@C=.6AD@5?8>H>;A:<74@@>A6:58;5F<>AB75;?89G?A35?=5E?E;C=?;FH=277=.<@BB8E2A*D@<;BD;CA?>@G@BAC@>C9><1GB=D;38ACHA@.3=:D>5H@<<:4?@DDDF::@F69?HE@C@H@AE@:?>1C=9@E;:NDN=@BBM<8JKC;@=DF<8EFJ>9E?@D:?AC@6?B;IB2:9DB<88;DE4D=?/JG2<7@@:CIEAA9>=BHGF;2?:@4D;<>E4-AA5@=CA2>@/MBCB>=E@<9H9B:H5><@GA:C<=A@@@EB<=A;AB4@=;?C@I>?:1A?BCCB;?D=>C>@8>?8?CA:5EA??BA?29.AE3BI?FJ?AJ>5>B4@FCF<6C:6;A>G6G@;HCCFCGB==G=?=G9;D?@9>B5BEAFI?B>FAB8D8?:9ACCC00;AAG@F99F=;?;??@9/L=A:;6;F1;55=@DA-6J;DC2=:3CACCAB;@4;C=?;C>=A96:?;:@C=5:B9<=<@6AD8GH9;BF:6C;B?2B@;B;?64;7F=>A1A8ABD6FA>99D4CC6DB@;>7/@E9C?:8BC.BFF?0ABCA@?>HHA=?I2KN8?ECC=<9;@?A>=;C;BFBCFFAE@>88@??ACA=8E6-=+7BBE@BBG8<>3>H:A?@?<>:AA>@B@+IC?CA8EH2?A6EB8@>=B;>9?A1;?ECA9=42>>=BC9:>@:;2B@>+AJ939F?:DED=D>E6=-FBA@A<;C<;B@=G?0;?>;A6=B6I@A.?=9AG894B9><6@;68>=D:>:=+B?A:?3=6:;>><:67.C???9:AAB:=D5@?9CFD:D793CA6:45EB=;7.B?@BB:<;3=FF@G:@7593F<>:DD9B8E;2DAGB76:@HBBF8?=O;G3;:>:<:I66>6<>0/?3D<BD.G9>A9=E6A3=;9:<9/@F?8B=:C2D;BFAA>?@4C@76;8:<=4;D78;E?BC>I?;@<5ECB:GG925=D14D>@BA?@A?B4=44D6GA==>%?8;?B3@A2?3<:=>=>6AIBE:?59E@4'?A=5>9??B=C;C.:>9GA;G8>A>F/:9H@9;<=;?K;@:=?%CC<7;=<8F:BC@5C@?:1EH@?@?>A;A<5<8>2=?7A08>=9;8H?68><:B>AC@B>B2CB><@=1C68==>CAA;>9@BF;G==5I<:3776@?D5??BC:G?>B@?;>=CBB:FCG35?:<694987;@BHF396E@C?A@H>>D@?@@;CAF@4<-=A>1E4BBFEBA:;47<>=BCC=DC7?9D>=;E:CAE?@@A;D5<7KE6>=;AB==K;4@:9GG>=4@8?C?@GB?HE?>-=:GFE:C?L5:4D?2H6BB64=A7:@;=BCC4EKAD=DACDCGB?B>;48F@L995@BA=GB1@92=@8DBG-557@GA86?7I;2=?@H4@A=DBA=<5C5>5BCB;BG>:K+858@=9B?D@=AB=D>@.28@;;GD:HC@9AA?DD<:D>;@AA:B:<@@;A68A>C=<8:F4F<@C?BHG<=DADBF6A<@A>@F>D58E?DCDA;@@?FBA:6B;9>HCEFFCF>>?FA@;><>6CA>>;DA>??G@3CA<<6/B@@;AD9@?B:G;4;@G=D9;B?><97>@;?@<:>8B@A8?=A?G87H59;8>H>G4@E<7;:96BF::;BAGBF?;>DKBG?8A>I@2>A3>;AC>???99D:B:BECHE>D.06MA@C/K5AD9JAL>0B>9ADA;C8@>C<>B>CA<;@C><>?H;>C><:@GCI9B?9J@6G:>3=F?<9C@:;=<:B6@BA7@4<=57D>CF5>8=8AF:@:@:F>;97;92>775/47BFD>:6>>5?C4>25??@D9<2@;;@=6@C=@B<@<;?695F:BD6D:H3=5=C7@AG1>D@A:98;;>9?<@99;?6?<<:A1=>9?8?3AG=7?I?@=;;/C?7?H8A;A8=K>6;C717F9FBF7<=C??::7A9>6<=:@<9>?6=;.@GB@=A>8A41BCBC/0D>A8;@G/?@:D8,7=59:B4B29;C;0DBA-=??;;3@3:<=@4AH>9E3?.<,D:66B88;D=><35@4C?4=M7?4-BACACA>C48>9G;BA6>EI==DBD>C7=?95:=794;E0B9=I8:A3E?2AB<=><3;J;BECIDE<>F77B38<:?E.@:?:<@:4@G9:4:=9>;;A1;;G3:@7?A8A389:5?:>BB?>A>98->;15=GHD==G:6A:=;??@B:?4?787BJD?;@>@?A8B?EEF@=?K:5E?>.FCC::=A4>C>DAA86E;>7D?A<@@0<:@C=@FABCA@F;<6?DG9@ICGEA5DDHADFC?C:A?+2@E/L>=8ADFE=A9A@B:E=>@=AFE7L=A=B>>C>>@GB3DAH<><9=AJ;C6IFF@GDF;D@?3C4A@ACC?@2:E5<@C?==A48??H;B?;DD;C:8<7/;?F@FB29DB1GH?C:;F3@6@:6<>>AEDDBE7@<@C@@=4/L?<4E>?=:EEB;B;2B@>A>D<:A3D<;>5DF=7;@=@6;ED>D3B>HBCJ;5C6?10>>CIFHHA@>=D;BCC9AA>AC5<8C<:>C@==;?3=B>=;BC>:PD0FBE:9D3<>@9@<@+FH@@=?BB>1A!D@:=A09=EFC8BF@=?AA9>G;I>=HHC=@;?>B8<3@'EB3?;DC>1=D?=@E<::>C21@<8@3D@;;-?C:0A;F8:G3@<:>;@6:@>B?=D>?ECC@AGA5EABD5E;JG;>A>A:>?>:A8>A:A@6D6BGG69BB><>>AE=@DJ;E?A=BAC=6JBC?@98BFCG@A=,;<:GDC??<6E=ED@=;9B;G?6=@9GGE6=?G>C:D9AADD6E1D?;A44@9395=>G;>8CB4@AI?6,?8>=89@:<6FB?;0=879>@;>E7@?=B?>/B7EEDHCEG6E==?B3@ACA6@<=4D=G9=@7H>>7GCA93;;B=7/E<>@<7E?B<5@;*>@6,A?B64B63@=7?;@AAH9A98>B63>EC=C;1B7IA?91A1DI<:;<:>9ABA7;::D@D7;2650;:<69>:>@6?7ADA=:CAA;,9B@?>@@?>7?DE3@<;<;FGA95?BDC46@9?H@<4/<8;6B8=ED:9:8:57B@CAEJG?;(EL5?:=?6A?D:6=BD@C:A:0?@A7:99>A78B<76;?5B::7.A?B@8L/D2:B7948BA:;=9;7A9;;7=0=@>9G6>7487CAC>=:>@A@B?A5DCA@?@6?4A>@DAB,>D7;8??9B>ABDG?;@>=;6<9@>:4CAB>?;??5A<=?EB3D5IF6AE>>:9>A=DC5:>C<>;<@7#DAH?<@=1@E:>46G?7E@F:;49?:;>@E<83C3:18<@A<=8>;?B8@?89C@F=C>A@2A@8DA@8CB3BC>?65>:E639D?K:J:;;?<>?;>=C970J;:EA@>;05AGCLED@@<5:=?>:>=4>@C@?;CG<:3.BC.>;>26;=?9FDF=DCC>9;4@:899@=A;H=3AE=EC5ADO7G;:8DCD?M>DK5;C6IH?C;>7HFBEJHFC<@>BGF@B7@<DEE::>85C=B>A>D0@@DC@@751?<>GCJ;?GH?:>ABEAA<;:ADC@EE;@?>CCDC?<6FC@G8EC@GA;@;?9;BDC?D86:BABM/2;=F=GEA>@?G?BHABMEE5D=>5=@><=B@D?/BBLBD3>=D>A9>@?HA@BH26>3BE?B?F=AGAEE?BMBA?9;6KDA7.A;D6C87@@9@5)AB=<<<;<<:3::C6D;;AC49>B;;@+@:D;>-@395494=I:@659=A8>=EB:704=BA3CG=0=DE8A?@C'27?8<6GA0B(>A:D60;@?>293,>=A?8<<@:D6@HCA/=>7A@F71=A??:>GFED?2@9:;IFCHC2H=E?A>:@?>EEAC@.@<;6>9MEDA>B=9FC<@.63<;OJ>25H?8BCB59AD@=4=>EE=EG@C<=4EBC/4D?8E?@:<@B>5FA9?@<1?:91=@C>B>A>?;@B?;9:A/>??<1FI8++3C>>1D96:@7>>A@@E@@E<<7;C:E?8EA7?@:?6F:61D8EDC;;;?EA=760BEB:;A8CA66>5@?>1'?A=;=>=9C@D=C8B@:=B8;@E=B=@CDDAGA=<<@:6FF?:>C<1:=EC<8FA'@GC;:<=81-<9?F?8/8<1AB><8A;@?GA0H;:C===:86<:9=<=CGC9=?BBCD5@@=B@8;C;358>88?=?@8B>BCIJA=7>;>D<:2CA@=A:@>>8/2:FFD2F5B8D8@AA<9DB@9;:?@:?8=5A@80@E>FA=6D:7:<59A@@A??AA::A:DF)C8;9>>J=A:8BBG@F?>7555@??:953@8D@D>?2<9E?C;AB659>?@A;D5=E:A?;CEC+=9;4<>1F?,564>39?A7:?EG@D;5=H=J;43=?F>1;73:A8D5B?AAA:E?<@>9D<5?@07A?-?D5/7A4=::A??9>7<@>:D;9A=>A::9E>C2:6966@@7C8?67==>F?A?A82EEECBED=GE@@DD9KH7@C;<7BEDDE92<9>F::?5?BHBFA:G=:8D7D27DK=97A679GA;=>>E>FC94<=@A?:?G743A=@D9:=86AFD@LDCEA33=?=BIOUGavi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iw‡r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dhˆy”i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oXzpkc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rhPg=">/A;K:GA??E+@65B/=2"B@7?D?ACC,<:=F=:9N6AF>*@4?;AA=D189D3D5@BE>?;B=;A3AE>:>1B@D@7F7<>EDGIA3DC:@A4@?DA<:@B.B=.=?4@?BD@:@5?=9B*A??74;4B??D@6B=6>4AA;A):D;>@69>7=767H<-A=4:??DD58=,;5=9=A>2@@,>0B<9>8B=4C52=@9C8>5JDA=?AE9?@+7@4?CBEC?H>;D@=7=;H79?<;IDC@G<>8=D1H>>>?E=AA=D=>@<1.@DHB>A<>BBB>:88@>4?;>;8F>8>:=;?@FB=@F=?GM8>;;<89AE8><=@A>2wùf{u>0…^1$^% Éj/Z î Ä ‰W/y ¸ ‰âW€

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`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b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‹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b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œÿÿ‚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šüÿÿÿ‚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tÿÿÿÿÿÿ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žñÿÿÿÿÒ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†ÞÿðÑf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h°i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r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oB>H=D47BCAMKDB>?86B@DA-855G;=;G=LEA0>CE9@@CC@E=I:9E=@:ED=C9A53:@?>GJ:;MBF>EG=@5?DA92B9B?88??>;BHE2;5D;>AC>==D;3<@=7=6EA5E:959A:C?LC>GS@@EEK;FFA@B?8:>GBA=?EGJKGAAD994KDED

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x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a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