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:98344742 0 NOVERFL:-1 172 0 MINIMUM:0 MAXIMUM:5209 NONTIME:0 NLATE :0 FILENAM:fastscan_01_0042.sfrm CREATED:18-Oct-2021 12:16:42 CUMULAT:2.000000 ELAPSDR:2.000000 ELAPSDA:2.000000 OSCILLA:0 NSTEPS :0 RANGE :1.000000 START :41.000000 INCREME:1.000000 NUMBER :41 NFRAMES:180 ANGLES :0.000000 0.000000 41.000000 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 :654.000000 463.000000 AXIS :3 ENDING :0.000000 0.000000 42.000000 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: ...............................................................BB9E@H:9J22I>F1?E44A8?I>@3>FEAMY@A?F2,E0A>A:8GBAM=F?>6CBFEG;@C89A@BC>JHD788:A86?;?IF8G/C0LF=:D:LEE:<;DIC8?<,ODNA>E7-?=A;<ELN(4=?FFI:0A9CQVF:5;E>J=A2.EIBI8=*?K4E?HDF2>FF25A=G8Q39980DII?F:>CE=:F:@FE>D7AIGHC@D?DFH@B5D@EK76ISB;<<=FFCF2:CA@FFBD

@;D:E:DHBDF>B7)7GGKED>F<7E?1.GF=,B>HH7@;?=6DGPNE9C6C<>EO:FG<5?=9I4CK:I8I@:5DDBJF8:>BEBG)>?CR<;F7=F=@A88:M:@/J><4D84EA@DE:A:K6>;5NG;DG599>@H84FG<96M=7=CBLG9.CA/@D8AFK9GBFA;D<;HJM8LOC5@C7:EBLFO;@NB1KLAKG03DG5?9M9NLHGD?=.A=@5>/KC2;:@?E7H;:B<2>GJ=@R=?C:A:B:EI/A>GAH>B7GFJB:G@@FC94?I<:6,1H/DB>>C>;EG;FIBA@F:DCDJa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r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

3>;:D6@CD<>M>I<=;E68@L84J@@=K:8;E;>?9D9?33H8B=<7958@DCBG@2@CG03A?IBAB=A=>CBD9@G>>D:7>@:>6;EA?>JBDD;88D=8=B:82OC@>DB7;>AEB;=28635=?>8H;=B3AN@:=B>;B;H(98<=FE>??CD?394A:@HF4D?:>M>B5?4EDB7@DE:H7@9CA:;?==?>GG>>=C7J9<;CED@=E<;5FE3<>?BA?A@@?N;=C69CJ2D93I6A5AJ>B3;>;DE8A@:@3BDF@;A;=8H@:IB5=?2?B?D=7H:D8AH=J:9758839=??AFHB959;@FF=3?8A7=AFH@6;A?7=1O=@<:3E:9DACF?J<5@8F<=B>>95A;?8GFB2GAD7F>64CBC=E4D?BE==;H@:;F3.6=:8BI9=;COCE:9@<;=DIB=;>BH>@@E?>C?AGE>NCFAE>=/AFANG;BI6C@GJEA69HBB6AGEEB@E9FB51??DE9EF>E;=?7H@B?@<7E7@5F:=C>>?:;@:=E1;5BEB1ADA@=H@?57><8:I>A:D3F=5@?=@@=I+;G@>4=KC4?A9=F5@;A@9AA9CIEGC;BBDE6CM<@@KHG1.B-31F.E?OJ/@;>?C?63<5A@:?1;7?AGB@?A,;=>===7:=B=/9@9:>@F?FF:FHE7D9EOFHB@BE@FBCM7J>D>@>NKF??CABD9;G>C??B;M1>IFGAA=6=8HA=F=:FDLJB@DG;=<:1CF/4??9C'BPDAI;<;PCKCBDE:>F8DADBCBCDI:<>DBJ@<2D95MC@BFB=EHAFA@B?EJB<:FG@;I<=BDI:25EE@74A?>H:>;9994:;@9FC89::D>AA4;C=9?,9>,8?HF9>,E6?7B:+@7>AC8?://1<297B<8.>H@B7BM?EGK98;A8=EJE>?CC>@CCI=ACD;:DB6>9L=D=;>@7=B:;F@B:F=FI9HJGM>>6DB??=AGEK(2IA@J??@GDBC;DII=KDADMDCEBKQ8EB:;<>J7<4C?DBJ=?>?8B:A8D='J=DDA6E:@E/;D9:H;?BK<@FD?G<58CA7<73:?3@4FC<<@7J7BAE>A=68DB8A@C?A?E==<@?BCH0D>B>?FJB=9=A>>FEC@,G+@;E9D2@E=BD>A<;=8A6?G>==>D?A?CCF?5GG@KAAG9@<7?J>AE88*:@A5CB.C9FH>+D?HAB8GI;?:DE>?F779HC?;4>FE9F;E;<6821>A6K;AH<=>HA=D=E*;6;G;9?B@A8@5A56IB>H;=?;GD:<+>-=<4LGE:8L?9C8A>@G;@E54B6@>F:1<@?EG>CAAGI:<8BB?=H:L997>79E6A=?=;C?=H>AA,@5@>CCD8D@=@A?=>ED?E8ELE8D>=D?/A=C?H@LEFG?6E99689:E;>:,D>@4I;A9@5?F/??A8BB7>.E-1>C@3<@B:?>B=M7??6C6=AF<<@<)BF:>B?:C5CC<@?A@?:4B@BH0H9;<@?C74>C6*@C:D@=;>;7>E7A#:EM7FF@@DEH>==9?EDGCF@?3?=9F@>A?9G;8;A5AD8?AF3I=DDCCE97AA7;;CDBEEE2;<,C=G?C;B<=9B94=>:KE?K?>?:?3L>IE<=C@I=:DCD598C:=H8BAC?6I@8F>7F8;?9>7C;==@<@8AEE5.?<<:?:7;1EAB@=DB@I?FA=>F1@@G<7HE4=;99IA8E;2D43B5BAK59A;<>EDDL=9?AF94;C=;=@?=.=?BBM265C=00'F5EEI=@369;4I/?7A>EAA9BF>N2G60=D3K*9I@)<;I25?A:=D9D@99A68%C=9?A7>BHNC@?J;HBEH302J??CE@E>?(E;D:7:=><9987ADCJ9:EIAAA:I=8CC;=LB=B>CAC=1>?;=3I>GFDA2BA=8:@CEA96H9AFEDBBH2@6AICFA>@45KJ.D;H@A@F=??B@A9BAF@>A8C;;97E=G<96E:?AFCB;CM58?;=@<:;GGDLEK8===E:=@GHC?98JA><@F7A480FC9DIA3=66:?2L9BB2CD@5I@5<2A:?9I7@<>>B>=>>CE?MGCA<:;AK8?CGCFC=AA5E;A:6=AAB>G*AEEEABFEGE9FB@D8CD8E97E7JA@DED<:CA5@::4?C/BA5;A980=.G>9E<>:?F@HA=H73BEC@D6759<9?B;AB;GJ<><3<;:9B59?D9>B8<,?HEM-F:F<@B;>:88@>@DG:B77E=>7AOA9<>F=4IC;<;6CC:>@;A1DB7@CC69=59>>;G@@?;;ANC?D@=DN@7?BBK5699G.C<;IH@D=B'A><=;@?DFFEJHAJ799;:FADN6:<8B??9B9HC<?C=6>=G@.K;;=A=IM?8DFEB?;1@5?=.:52N5?D06<:?H4==F0D9B83+=7<@AC;9>A85?<;52GH3?FK=H:FBF>I?8D?C>?F:-AE5;<;;9:ECAD:<3AC?8B8>:=C?GE?+ACCBC5:>?JBD>>?4=:6E9;<9IG4E>B<@;F;>:E?>A=D>@3;@E:DE@FA?=2E;@IKGI8B@F:@A;EEAB::IF3AH>5FE@@>F>1?FD8<=4:AA?;159BCFH9BBC=HAB0F8??@HC=:E;:DFA@G@;=>849@??C47?E;>@6AK:?>;;@FID8?D<@86@CD3J;=<74F@?.>B::@K65B?C=BFE;76BA@?C@EAFE?=?FD>>7>A@?@==<>A8?@?3>AHL44A>;=EA>E9:?BF==;E3H:7=M:@<>8DA?685=9;:7=3A0D;5G48ABH/BBDEA6K=>H@ABE<8?><81B:?J3A6:G:<=E=J>;C0@D1BAA;@@@DA7<@J>DKIDGB59IC<;8>E=>;7E:;M@DEB=CA=HB<0753?IR@:B=C>;;=;@GH@==8IDDBE9=A;>4?GCB<@CDC78>ECD9?1<631DI,>)A@<@,78G?;@8@:>@7A=?=BICFAG@BB:<@CCH>;B;:;98A7CH?5=>H=CF@J?A>EC25;AB9@8B:?@;EB>HE?@:F?5;BL:E@9@?>76F99*8641AF=GK=>CAE=@>EE:A??=G5>G>G=(F9;DH;=?G>.=BA?0E$8E=:5@E@A4:45:H;FCH@;I03;B6I?F3FC5>>E=>HL<7B9?CG;@88D=GD9;;>D35D=FG?><::EK@F3D@E7@>8HB=25C?AMH?C@LDAB?;EE5B.C>:B=L<<)5H?;HEAAG?0JID9=:HD@B@47:AEG;=AD;ADCA=C39><<>;C4F6H99JA@BJ?9F;:D'?D=>42H;@<=?>AD@=;9=/??;@>HBI5H8H.BE=C;=FA>C9B=G>@@C:A4DAIF3F9G>FCA;=7@;B8A=->8CFB@@B@08@;D4<:?F7>B9BGHAF1:>5B<;@DB>=H3CG:IC@B<8D5EBC==7?BNF5>AIA@A;=AFJ=BG;<@HG:CI=H9B=E;8C9=>@=8;E5>=>C14AF@EG@:==EB1<@7>=@6E;@8><@8D=F;H8@H:=B2::@@A<=>948>B=A=AFG<8C>9;:E>E>=8?<@D@K@<7)I>+D99BB3F;A?=ABG8DC/EDEAB?;>KDD3CG6;H=B5@6@6@7>G38HJCF5=7M9<5;E4?D<343:G<;=60E983BC8=<:?0@8@5GACC9;DI0D5B:;=MDC:D=A=49H?AI@@BC2AC5F8>>:CA?D=EB4H9G2+9BB>:BL;H@>B=/GHC>K9A8I@::DE9:;>GE?;6:D:>BFIKH9I:=?6:C?DHCBJ;D@JE9DB7GJDA5;?7DGC>:::F>B9B4494A28?E8-C<97BC=@E+?<=6=>?;8DA@-@?>9CD=@E?BBA2C826D8DAECBC:A==6?J/9A0:8FCH4G6L;6FC:A0F>EAG:B87A1?BL??/>IE>62GB7AABB6B:?;C?7>J@6F@39O?-3KIC;A>@?BD4@BHF>AAD@F?BNE:0B7=C<=DC8<83F4?5>;9EG+>2;+B@AG??=5FA>D9?;=7D;D@:D3>?6>3@5@47.@:>B9?GH?A91.=I?;0=B8)9LH9JA>;KA>@DC5FH35C3?HAF=BBDDG7:>?;HCCD08BA2A?>JBD?B:?K6E1:=>9@9@1:CF07G4C8@H=?C=<>:B;B:7:D>D@FACCBE>H@8=9E@:9D>3BB:B@AHAAB@2CC>0<=?LHBD>A.LA=B<;8DB=I;=C6=E1B97G3J5FBO=H>565@<;=:95;D9B51AB=@AEAE530B=JEB=7A9>B>5DC7A=FFF<>?I<8=C9=>2DC??C??/E=<1G9=C65>16=88;:?@EE=B@AC91B4D@E?9>F8?:5B?:B?AC73?G?>H5=?F?8A<A86E>>B.50<FB88D?DAH2AEG=BLE4=@63F8CA+H;F8C;<=8D3D>FAD>7-?:??AA,@@?=>9>><?D*B)AC7FD86>86&;F8>:EH<=2F24687?.@AC3<:3:CI/CK??95=5897/;2F@>:EE-AD-C=@7?@E>@IBEBI;EAB<:+JA@@HAG9@A9B=?I==>,?8@A/;CDG8A=5BF<2B<5B6FFF?BA=E?D>>GH=D7DAG=BM:18E9CBDG>G<8I@D*C07LBA>;@A=C9BEABEGE3;A,4FF<@?DKB?EH29DA=B<<<:/@KG9F4@KG8EH?@BAGFE7E??HDEB?I;DJ;H?E4B=EMBBB>G:HJC9B4C=2A=F@9AF;<67AF>H;0C>B8<68AAE6>A<=?AFA@DI@9>E@<:BF<6BF<@.@H?5<>>:>/>8:;DG<3G?I/-=E?C=>>49CJ=9>14?<<8=@D?B6:B>B;?AA7B9F:I;@FB=CF9FAK>2/FF@89AAJ8@;78?>179C565B>>DGC44D@=@><;>BGPB?>666:;7=><6??A;C=NJK@?OL:97BBCGAH17EA<-266<:=3:>D@<99:@6@48DC?@==@5D9>H>@C?GF?91:1E>B>/@@>8;?:92;>?7?99E:7>E>>F%=;57F9ACB@EF;E?GA5D=:?C55@=7D:?:A77@@BB1B>?JDI7DF@A8BE9:@G6?6A9?4ID98B47JD>;DCA:B8=<<<8B;@<+A?EDEEG=5H=A@@3D5@N7?SH9CDL?ABB:CAI2HCB;6CC;E;FB=>/?@:S???FJ@5CI:=CCC@I9?E7-AA?D=IEBA>?3C;?M>AHBG?,C<.=DA<9;G459@<=ND8D?;?=>@684>G8?<>A>==BE@B9?@?FED=@'CA9>>AAA975OI@>?7AEJDB:C5=:<;E99'H>9A77LI@>0>@DL;J>9AF;1HB7EB=88<<7>4@8?>@@CG5>:BAD/AA;BJF7>/J=@D9>G+IFA6=?C3@7??AIA3>:6@<8B5C(>?J33D,9GD08B6>H16:DDB<:959<=A?D77;EE=I;=H?FC:?A,;=17@>F@:5>1?>3ICDF>G3>>=F8D9A>?=4*;B?4>@,9HC@B<=5C;8E:GCI@(.==F39=1;B0=@94?411'HAA7EK<@>6>:6:J?2>>438DED;<4B:;C@<@=B;@6=7D=@B;@6D<==>5<1?@;:@+?>@B7?@-:E+E:C?<9IC0<:I:?:1FC@B84?A3F?;@;5BB@;BA45?@EC89A>6:>?=DAB?62<@:?ADG=(@CAF4BD:AC9?:@7:@;F8?KA5H1@7@4:=6F:>B?=BBCK8>6BH>=<>8:93>IAF/1,J@O7BIH:8<9-@?<=GDFE2D?J7DH;6<>F?1FH@IGADAD59C3D<97IB>EBA8=@.;=?4B>ABFP:64@A:@-<9D;C@85F?50DCD<@C>E>FA?-COB:352?8.3=F4G8=?BA8=;=>FA:@D==??4=6:C>9:?=C;A1D4B@/FB?;I2?2=64H5;FA@H9;>CAB==AG8HC<914CF5><@HA:@BBD:2+@>2:;C=0>15EEA>;=7O@;>5J>N6DF>LCD2AECG971@@J4D@A2=>6BI6==J5FB>E?83;>:=HD;@==@:@H?6;::2=4?6B874@C5A?D:>6A;8:A@<@:HD?3<=JA6?9KJ?37@N><>BC;=B@;=7;=HA3BFD:=:D<=C?*E7A>>B?A9B7F/9C=>8519R>AD3GD7E=:4??9:9M:AD6=@8@9@??FH5>D?C8=/A@FI'>4<0BB>G@;H9>AB=+>G8?E5BH0>>;;:CJDBIDO1=A==6D=,<@59<2;7FMEE@9DA2BCA2>8=<:9B2G:2AH4D93I8E?:BA>E>E6?<9A=E898F:I=9AGA=DCAD=?6<8E?G:B@CJJA7E91@>BB>DAF>56K=>D;:BFBJ3ABD+C76D:I@:E/@/KB?9D:N:@D?I;8;H24;B?C)0@C78D<;9=9AAB?>8=8I0B:B>B=8=F6@21DDJKL@@?F@DHB9<;A3DDE2BA9>>GJA@G:;D2-C6583?D=>D;EJ;IFBC:I:DDA>;FAG=B@@589=B?<=?CB6?<941EF9?B?B:<6/L95378A:AQAJ@DACA@@6;G5?J6B?A5E@I1BNCACJ<78<@B<7E3>@9=<2J=<5BA7@352/,;=:7D;B=DGAB6C76HF>GF8*E@K@9E78:C=H9C>,:/B@81-;<4B@$?@-TA7<8658E:8-=DG5?8G67?8:C25:F9?1A=9=E:D7>F:5>;A2E:FD7E@B131;<@5C7?FD==;@E78A>;%MABAH>FAHFIB8C:E,A8G:AB;=5E1A3L6@87EMF4;2DG=CAC5D==MOG339A.=23+>MDEB3C2F@61BEC?2FB4>FCBE>F=CAD7@?D=I?>9GBK=3@;K>7BJEB<;=B@972LK@2:89A1C29<7@-9;@>8=0B?=9G;6>.05CB(?>9B7?J:F3@BL=7?E/B6F?B@03>=:@ABCGF?>?C8BB;@>KEFB??=ACBC?FDA/B;?2:JD.CF,?A3*?;D9A8;)DA@C+E=B?E>>H;=F>6;9?2):77/9:8D?H=;=7E>6I72BBH-?4<6>8A@H7;@D3E39>8?G@CE=?;>>RA>39>3DE4@>A:E@@=2D==GD8@K@C7D,=B?DB?=<:D5>A=@A>8(48;:FB)7>4E7K>BCH?;E;43GA8B>0@C;5?DD?E=P47FB9?4A=CD5?G3;DF6B1C7:;;NGBBD;B=@?B=@8;2B?;7F8)8G4@AJE>I67BE:<;G;:@:C3:;B6EF:<5<7>5K;<==99>>=B5<;>D@2EA4FBIB;>0DBLF;=>C9;C:=F=;;BN@3@>>EBHA9?@?<2>8BGE@@;UG::<7,>>CBA=<7@9CA1C55HIFC=A33=95J;CCDCFB>8>NAAB9E=/F9>:=DF;F??=@BC?9AFC=HL58B@C15>67@A>?B@GDAF=A<>?:E2E>JB9HGF67CH?BD:@9>;FL;N6GJC@@=2QC5?@DD<<6?>E::D@?.5C=EB/5?=<@L?;>?=4AK8CBC7>@GJE78<2LCDB;E8;E89<;::C>;5=70C>7CJF0B?A<><2B.<147038.3E;B@@G<,<9D?F91CG@+=F>=@;4GA=<=G=<=A=?E9AAAI@=>AF9E@FI0A@J;7?N>8<=7BI=D8+CEI7:99@;>5;H<<;9B?=BEGFG4<=1(B:=>6D*A9CD:G7EA@>B?G5G?8?:>F7K;>F8K5HG6G>?B;8DC=ADD=A=CCLADBHM?E6D?GB;:A>9B==FAFGB7D??89D186J<=@CLABJ=E9D0A@D;C@9;6BE;=C0EBCAA=C68B>?@D;?37?EA295C/@91FD1;:@FG>6>D9<<6<>D8?;F@:EBD?69>C20M@=;A?@1>>3>8;=<>CI781B=7JC@E=3?>6<>H>;;IBG.;;0?;E@@5I?A;C@84:G:HG0A>9C329>HCBAAA7A8K:>F9>BI@=G1,KA9A?58:F29J:1HE:;A8.LG89>87B2?A>D==?7D>9;>C;LB9B:?6;>@>;7,J>E?H;>:FGC=I:8B@<:BAB>?985>DEBE4BAE7AF9BC=845?A?C@B89?A:D650DB:=H*;C;>=;@B?=A;-7:AL1GJ/:;=C7>M8B:9;@B6,>C=>AADJ5<4>K:@@?/G9?8=6B>GHC;JBD>6?BIHC;E?CEBE;6@FD@FFBB87;G97B4E=EN9A>GKAA?8H=C@A?=B@@G33BISAHK574@F:GDC5H1>@CC8<:;F?6DK=>8G9MFNG@8<0;A9D9=M>>C;0:<:A;?0G)@B?37?A5@BFBE6@9?C;93EG)E:<9:D0BJFGP@GAEM@F@@@=7A=D?-EGEE8?I9?F@KIF7?@.B2>???>=ED=E=C?L:?A>H@5>F;7;F?97CBIM3C>>1D>6F7?1:DHC>GRE:E87@C+.6C39=@FU9+F98BF4635HDC5=EDFBFC?<4LE5==FA:(?B?AI7:87N?9CE=4F<=A:>2@CA=6D;A9JJ@>>8AI;@;L7A@8:B@?-@F9BDD>?JH8::B95F8AC>C?96?A>4<=7BC:CD9GBEHB43=E::8B<@B773;8F.A;E?24=??5EHBB:3@+;:?4,A43?46<59@AI@IBI>?=:@=>7?M7:E<>88@ELAA=B5/@:BB:AG;;FE=<<=>;IC69;8;E3F;F7@D?BBCA??*;=BHJA2/@E?5=DD;=>?HM8?@D;@CA6DJC@>4C8@2=G27IG;HI<:@K;F9<8:J,FD8=:@>FB7>DB>C7IFE6B;C<=G=7DD99;<@F9>HA:BE=//AG558J7>F@B=A@EH?8E=CD@@IEAD?B>JEAC9+@E@?D?A=A@.ADD=L6@I37GFB?BA)K@J/;AN5??<>B87;:FE.@@FC:A@J=1>AJ:,?>CFA;>98G@8A8:A=F5?=HH:B;F>9DF>6D6>AGCE??>B>>?<26E7@6=4<=/BE2@J<6>B2:?:2;=9:B?6D@<@CEN8=2B6JD-@;1574B-F05E-3Q7:4D8CB6>73CHEEH/A:B4;@9@I9J5GI@<8@F=85:F;CG:?@D57AABF;4EG99>=&A8C=?@,=B68H1C=1?:.COC?>E7?BH=@EEAD6F3DECB1CAF>53=19<=A?G47=@I=?964><:IC=5G7B?<4=E@E?85==HD?4>I>?D380?:9:@5IB-@DEJ:9;9=D<@B?F94B:5B.79>?9D7;A=2<@95,;;,>>DDHE?>?F=<>KICDDJG?79IGF:ACC:FE?CBI@5CADAAJC86H1H?IBH?AB?FB?9CD@FTM9EFC,=?;DE5A>8?AE4:>8@7B.@??C6>;?7=<@=7F1E=B=:>D@EFH:1G.@=??@=ED:B==?H>@D?AI):I@CC?7EF>LB?@D>E67>;6@69AC685@;<9>8>@=6B;88E=3A744A68NA8@A*DG=DL@3.?E4@DCJDD@=E8H?.+;B:NI=@?@GFH8E?>G:?ECA?CG8AF=8=<>8<>7FEDF2C>A:K=?>C6AEHK?1A;EFA67N@?BD6EB6<>:D@26C.B588G5(;=B2B@155:@<8M>@BEI49G@D757F?@H?CKA:B3B<3E0888;@8D04>>,;@DCBCF:<=D>?AA7-*A87/AD=5H=518H:DC>B>3B<0BB@3;E?2?<80F.B>566=4@=.>D@KCL>HI5@B>EHC2A;=78;E4A:7>BB6J5?8>?D:;>@D87=+A?:AI:9J?=>9;5@BE@H=4:4?CB?>E@A@9>>F9DAE5B?HK.A4??/FDK=8:AHE@G;>4ACD4=C;:E8KDIDDDEE7J;A9;5F;D:=AFEEA6B>A?ADE@<99D@C-@=F;JFC@E:FE=>:25B.?=?:>F;EB7FGCBACJEG?>C34=@>?;@@GA>=A36D@>:F79E1519BC>83DDA@A5=8E+4=9CE=67>CHB>::1/KGHG4AD=CC9=@AD41>C>:730F=HECK:@;>BCC6I:GC&F>@C85A15?>52D=:AJ=:?9C?L6;J<=;;C?CG=@=@;4B>B>;?CE<>DE4>C.99<::A>7@>0;::F3ALG=@<;?2C?@;B;?>B>4:?E=E63E>1>7;E;@=D9G4C6::DC4G:DA-3><@>@9;B;>;ICB8>>D:5D7?8@;=:5=@G?A==<2-;=;;I7DF19B:IA62A.C?@C6C00=9C@1635D@<;J3>F9;9:C29C=6B?8=@FA>AHG@<31@FEC@<@C%-8=B.E?CG@;:7>:*;05?A<<6D9=9.9EBA>J?@?5>@74E;6FGDJ>>A@?C?>9P<@(=>DCB<7>;D=CFF9G1D7A2@6A68E?=1DM<=;;4<;B-+F9@?39F8;=F5G=6@/=O5DG?@8ABD0?CCN35LHEBG7;G7:38I8<<3@D@7A3B;?FJ;9@AJ4=HA;:G==@B8FCC9A5@BH?I5A>J29GLGB?ECJB;E5?8>B=B39$;HC=FA7?337P?8>+B7:CC<;6@F;E;22?FD-AB=A;BB:F?A@G?D/GH>F=@A@8@A=A@><669?C>0??B@8>:8FH;BB?CC8E2GEFI9@0=<<@<=;9BF5E>H@:@?F5:H>=HKD@>CBBEAI?>F0@=;@K4C9<90C>>?BDBE98@IBA>:@B,A9@@@6C?7@@:C>34<<87=?G;<:2.DH7KDF>CE@44?@27D==:?-J3A<@=;NGGC@B772?EC:?>@-L13=M@DH>8?A:=E66>C@@>B6FAD:DC8C?<8?B6FB2I,B>87?D9J>7J?AE5F7>4H@@BDH9LH@HC?>-F*:CD==;7C5DCABC@C>FHB9@DBD->G7AFIC;DC;<=8IC?E@;D=@CBC<7<@5??7DIH5GGA@JB?D7GCA888AI>592=6?HBG69EBB@EH?D:>8AD6FA;@78>>@?H?E@40>>@:5>/:=7BC@@5AAG89@;><:7EB?(:@<>=?C<;@-BG@@JA6:@?9GA?>I>AG7@@<;DC70/B9=76>55B:AB@7>==9G?>>C;:A:8G9?<@;@?>8B7CDGCGA;D;IJ856368I7FH7:<=9C7C@->=>MA=6BA>K*=1:B?CDB5147=FJ8CA;>F&D>C3AH4@DB<9GE?9GA);AB?=DBIC7H?;DA?AG>K?CA>AF6<=0JJ7?E*>:I<@?CA7CF><<@JKAD60I6=D=I86A>:I,7?42=:6DJ>ENFIAEK@@A@74H5=@=>D:E2F6E569E=LG89AA7:9@<89@D?@23;??8@FB=C@-8:;:EC@F9?C1@=DI;C?949G3@BA=>HA9K@;A78>;7C@?/>47:7=;7@?F?:8E;F1?3:47KD;GB9;AA8498.8+?1@8J49@;8>9::5:;+BF=>4/@&>:7I@7;A>)/E9B=ECK,C:=<<0B=><=>=1DG;BE>;-@4:A7HG7??@=HKG231<>B>BG:AJAD;A189@I7G39F<@EA/?D@7?=9DH?5>G9:@=4/*3=;HA79@HE/@<.3A>DE9:7;@@>?=>@9C-C=>;>;?<<;3E@F=9C8L=8/>9DE;CE<;@;78;9EA=6?;F;DH:A6A7MB>:NK4=84=:=DDHA>IA;>D?LD54D>GE66F=>FEA4>;F=@A=:9CJ:A3FCF>C6HC7BD18ECDOE>,B=LGBECCFIG83B=9D=<@H68BIF6;H3A6D;>IDBBA@9H48B@BEC>I?=?F>9AG?D+84I:M>?F39D97EJ<>;:F7?L@9@<==@F*=>C=<4>HG;7=@@@AABC5AA:?>@:E5>*@B=C9D>?@/>@9F94)A=3=;::18@>6HE>>FCA8CB?CDF)KE@G6LEDBO?8E79BHH?8;GDFH<7@GI9=7EA9FEB;:A=ELIBDBAE:CGF>BADG<1;A>?BFIB18DI;7?D@@K@ACE9H??9@D;D.B9EH@58@A:B:7=?.@=3;>=G@907CC?D6@?F;?C??C?:BC=A7OB=>?>>9:>?>74>/I:9;D55?;B;E;8@4CCFC=BL:80>8>?=?E?@G317FH9C?H<<<@'B>H?>A;83?>2C0B5?=@1>685)DFBB?G;8BJ>CCG>DC/:EH6DD>A>984A>DB0=BC4:AF@9N>9A=A?9?C79EECB@G;BAC=<9=;E?A9N:;1;/8CB5:EEEGA<D=C9F@E*=:G<9;BM5G9F=21=B:4>@3EB9AG/I8I;CC>7A4=>EG)CC<=@C95197E>9A=G9B=8<=9A=G87=H>CA?CE7;=79LFF;?8D8C@B;?:;69CF<=?7AMCB55:5C;C6/??<=3I:9@H?J>88;C.7;G@C4@F855A?0A<:F8=2@@?B7=45;>:A=8@@9<65?;=%;=6>E9ADF7;CA=B98;?C D:->=C=AC1=GC=;@F0HG;B<2?E>:@B@E85B30=H>?4:%AC;<548?9B5DH:7;8@BDG5C6F=E5<9;?BA:=;A03=<0;=9A2??@EJ-@:EF8GC<197?;C=>AKJ<<:(6A94H7D@?HDIBA<@=4?B;D7BFJDC:94C<5B4GE>C;H@D;C9E7>A?4;?;;>B=C=8/5=HG7FED6E9IBAA8C49G==H9;@>AG@8=8B=C@<-I3G79CDA5<@(J<9HE:2!JB@=E=D1@0<=DD=DD82-A;67A=@FA+D6EBB=BE?A=9=AG2@95?@1A<4>87CD:I@@92A7G>AE8EDEJ>:BFC==7:9BE0CAIDK@EE6?==B:@?;=G8>C@H;G3CA+8B;=;%F8H;3@C9;:@6DA<0ADH=E78B@2?JF@B9=>=AI,6@.GB@KED><4I9;@@@DE=@?0HAB?H=@@>I8G>F;8@GD>G7B=H@:A98E6>GB@HF6;F;B?M@:CFD8=BA7E;9D7DHG91;B,/=A=C>;7>=@AGJFFA9CI6:<@4C:9F=DFFCGEDB877EEBF=8FEFHED>;HL<6AA;D=?C@CJ4JF7D*B>I6H6;MBB.B>BDDB464AC<2C2H9BE=K:JF<:?;H;CL69IDH:EF=A=BA>@DD7EAFE?>@8@F;:CJ@>H681.?28MBEC=:BD?@=B7DB3B=@>?>A;3@EE@9IB9??F=DM?EB8@9@B59BB;E=:?;CC:KFB>B?>D>>E9CF@2IE?F?3:=8A;6AGA>G=G9B<@HH@G>>-:BD<1;?DI@B7K:BFDB787EA58=7>?HB<7D;@F==8CAG89D>C-BIF:A;C9=C4==D;>>;B:A?7<9>>F>CG.IDLHGBG<@685CH:@ABA>CE4571AG@9?C4AA7=;3G?<8CG-=>GHA=9>-99>A3D,FA?>@?CDBE;E=:D6C;?B9AA?F8,9/<>-5;9<7E7>DGC?AFEGDEB:6BBC28@8=B;>29:D<=8C:69BA39)E4H38?AB>>?9=E@??A0>=7;<8B4@;/;?>::0=?:5:CCD6B68O7B:=<@370=JD:<6IB:J94E7A=>?96?5GD7?H:?FD8?D=J?&A:8<2EGD=GB8?1?D;::APEHC.>*8:EOHHCFGDD<84IKG2@8A?A9A;@EIL7@6?B>=7IC7E5BD>@E::4;>BB>7GB@@>8>@D?G5?CF:9D=KDCEA=@IAH9GA=C;?D<=:8DJDJEBH3CKJFN:@DE:98A6=DCGBCB9986;D@4;6H>:?EAHFIA4D?;B=9@>>A:>5AJH?;5D?EK34B5?9=4=A5G==0B;9=D??6DCBI64FCC@C>CABDA89>>BDB@99A@C@=@<=:;==67CB::6AE?2AED:/79ADL<=/72@B@CG?>?B1>:4CGB7>DID??<;86ADG=;F9@@A??@C5@?@?5;I;ABIGH5JAAF.2@1FCHHJD3DA<8/D*A5E24A@>9BF58J=6@19@=;CDCH?7AEAFOF;:@:H>;AD?G9?69G<)@MAC;E=C??DM=0*C?>AC/QB@5NDA>762AHD/B75E6II>;HA@=R:7B@A9?9AD+;6E:B@3A7>D2G77GJJJ9C>A:->@,=8LGC7F;D4>4:BCD<8;I=A7=,AEF==CH4DEKE:FND;HD593CCE?7CC?FIE@;5AD6MIA>@7:?CAG*:>>L4D*H:E=I>>A;6>;?I@<97G+C7C>DA?KC-EED>H84:EE8CL?:+B;@BBDLFIG8:BB>AGC?I82>A2CI?7@?DF8;;;/F=;FF8;A@/G?HDC7D>.G<7H;CE@E>@9D8H>@?=FFC8?B>?AA?>@A@@HH;A;E?D;<>I<=ECA1CB9?>AD7>I?>H>E0<@C=<5BI=C3EH8=:<>4DDGLF70=J.J:@>F=FAB=D<@D>F9/>?;>PC====I8C;?=CAG=D;B>::>B;<94:GECDEF??<6<@:<8?AI;G:E@E7?E;@=OB-=BFA4EJB@EAJ8;B.;E@E:4C>*>?@B788<<85<3?7?8A/?C3BH=0LB7:<94?>>G@A=9E9A9@:KG<@6512;>>=@B<==A=<@D;F?5<<43B@3D@=@6:J;DDCC7E;8;@@?51E@C>??@<9GH;<7HCI@@CF3:B@=?*0?67=J7I9>FD?CEG?E=IBF8DB??I9BGEHE<:FA77;G@;D<>K:B98G?>HCFDK>;;>J=>1=@,CE7:?@=DD9GI:@BF9K8EE7DK7CCHL@FG@=>?J9>BC:@?@GDH<@78A=CD6;@F;D?C=B>DBDEG5EH2JABFC3B>BAFC@?;@:;D5>L>K7C>EHE/:2:?E/B3J@G?@;4<8+0@DA@A)8E=FD<;@G?C>D;>:.ABL9-FB;H797CCAO=1M>=8CA2I?8E8KG:C@?:4>;B/976@D>,:794DE>6=A=@DA/F?:>B=*4@C@>BF=CK:C96B8=@>AG2CEG?@88E:7=BD:?IC18E?FB8DC9=@E>CD;AFE=@DI2:4>@E=D;?9CD537L11;>=?7=@AI.RJ?AADEA?0B<>6DH:@D3;A9C59B5:7>:CI8?6=D1@@AG;@?8FAG8I?E4AC?>C6D8@:6C9C:=GFI82FBI?=EAA@C@G1@=1DLBC4?8G08A33<;:?;@CA>5=D5E72=G902D?=K6=B4G/AFEN@;C99ID9;;@GCF9B>@?IG;D@6=;AEH<5G6AA7?EA:DC==EC=@7:CG)@EEE;B@LAGD:D9EBIBED>D=CDCD;NF;D?L7>D6ADFCCE8AFE<@>8@:2BBDGI;@:@CE8@=9;A=?N3HB:KGIE9CJC@6DE:CDA7?;6F3C7C:;J=9<(I9:1I>5BA>L0AAGCB<@ED@=A.>89E@1HDB8G9:4D@F0:E>AB@NI;DFAAC@AH;<97A9IJ=F:@CJ66@?CK7A7=AACC;;4F05BB0C@@=IRE@@9@:I=0F<;A:C?9?E;F>@G;AD?;9;CC;BI=5K@>1AJBAACCA2@A@BAAJEDA;A6=@@9Q==B9CC8C=CCEH:BAD<<<3D>DD?EK3;D8D<;E?@-GHA:6=+33;C@DGLBL<36=?>@9A=E;=A5?3=E@?/=:1;A@@@48BHA?:41G5:=?=F?CC=:A>?DCA::?BA?=<>A:?AFB<>;DA>=A@?@9D?AD88A<@7/E@A>=6H89DABD;=LCGE=9@A4>EM:?C6=86<8GDSCEA/F8CC@G::EA>7@F5>EF<8C=GEIFC@G>A@9?FABM2?E9;6GF9F>E;BEEC1>=B?C><5E;73DADA><@BA*9>86A@==A4IACCC/AE5A;EGD?/B:>;3F77BI:K8H7D7ACFBB<>=A?EE:8AG=A@CC46374EIH1:8G;@B;87@C5?2E8?;38;4;@D=A>J;@=DH+7D82CAA@@4;D7E>>:8/C:B;-9;@E=>:8@CAJDLB=F9C=F3=B9<4>;B;?G/G=B?A.J8E>:BB38DAHA9;?/@<>E?:;E9AF@@;B8@@44@=C8FA38AB>@?@E;;>:;@G4?B5BI?CHG>@?6IBD7?HB;D=IK=GG:/=F:L@<;@GFK;=9D?E9:9EG@ADC>7E=EDB8@<:ADAGC:E<=B?B<79=<>?=7=@E<@:7F@9:A?>/?9;G>2@@<;BF<><>7?:BA@)=;A=7D>9RCHB;@DK@I'BAC8GEE91:??=FED>GJGA8HD:D@E>638C85E7DBE8A<@=ICBNJ/;DEC>8@==DE4C>4B>=5=75G@<*AC;:AI<>6B9HD==@AC6;=QD7?9D>9?G5AEAEC=@E3>=J0>C>A>EGH<9>==@AG:NAAJD:3DH?>B=@E=@9?=27A>C6?MEG?@@>7B(>:>?3F;=K3?IE85:4@7=ED9K>H@B97>6,9>>DA7*47AA>D+/<<3FC432B@@IB7-2?DBDE?6%DEA5F7PG?=5A9:CAC=DHAHD9G9J9H=4>;>C:C:>H8B9AHBCDE684C=LEE=8=B=AH@D5F=>855<@;@A>BC:J5>2C=3-CC@N@C>6I<9:CDA;?C?=F?>>CA:>8<8D=F;G<<8E.7H>F@:HF77EFG*@BG9@;J::<1-@@?DDAC=9H@@4E=:9=5DB=F:1>AALBG>JCDD6=1@BCC@JAB@=FGFC35HFDIA>C=@A@A>99CA86G>E1(6A:E;?=44;AI@A1A=>89+DDC9DBB<>B3D/G2;;GFG38A@B8I>@>?B.D::F>27(?74CC8HBE&736;A:>CE2A?9A<:25F?G@5C;A6<=C38H8D;@7@2?B:B6<E*@;70CK7A>4H5EB4@7CDN6;0=->6F<84C8;>69;F@>3;D?AE::;CAKIB;M9F?EBI3F9A4<7@1/0=>E9AA=CE6H@AC;9?@/AA58J<=<=B3:1I6BGA75HBF8>D95I8C;8;C?F6B;@EBAF8K@88K::DAA<>F5AF=J9I=@M>?<=1H?BD2-@:JI>8=7=;C<@=>=FC<3,F>@D>6@99*A;@BG;:@9BI@=A>DC1@?3:EO>??,E;9?>D@G>C:;B<7?IKA*F@<7E3<@8HE?D?ECEF8KIE5<>D><;CE@H?ECG?3B+96AA@F@H?@:9B>?:BJ=CA=DBLLFFBDI?8RD:HI=@:J@6F3FB@1IC?;G?FI@HO>@E<<=4?=BHBTDB;A9J:>2=C=1A:23:B6A91EDD9=??E277AH8?3?;$C99C:=?5B9?32>=56<>3A6>5@*D>I8C=ALGGHD4FF6;@C.PEDD?H@:HAA>=3G=;B>F:D:>:?77FF>36F85=DB?;LBG6?A88K<@8G=K9E6DFF<>EJBD9;CCD;DHDBCDFR<>BEG;H?E>AHLCHGE9<:4>897H?,===1DDA?I21>:4AB;84@LDBKAHB=7B6F8F=CG;CI4=AAN@C0J=>5L?4+4DC?5>7C6@6;0=D3DAI@EC9=D34FIL4;?;ALEIA:/=C=0<>5>F@5CEC?;:B=79HDCDB@I/A:@=@@?@B:?AD>?G8?<;AEED@A;8HAJ81E@2>;=BB@/=M3?C:?JH;>4;K?;G>G:5>@EHC:@@5O9H*@KDD=?A:=BA?G-N:4:.8BI=A??0=2EA9?:;CIB?&<@>FEF@F775HF87@;?695>=F1-4/DJ3?K>6ABAAH&JEB@EB;GFEAF?GB?H<6G@<8=49CBG=KEG@A8K9@LFD;0G9<@?=HFB@F+DHF;>>DB9;=:D?CFI<7;=4BFED<9>J7HADD;9:AHBDF@E<1?@=;>?IB>DI?;KA;@9<9=BFF8?9F8?:1'E8H74;=2@9@@:=297>F9F@:FJB.>B<;8C>>AC>FC:D?C@3<8FCD=JF>=557BEF65;79;<3DG=69D=$<?@8AAB?3DADF:?@98@89<65>;2/9B<8><3F3>@>EC>D<>;9;L7E;D=9:40C7CF7C7AD;44E:>;>=h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a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aBa[JK@5A>C3@=;55?B99C>DD?L2G??8B97EE;=BBG>CA;C@>DH=<@G@9H?CAF??90<>F@@?GL7DA=<:9@;9I8>FEG@L;??6@:H7<=IM>><;@C@9=4=97;:A?64>FG?5=95G>6E<9305>:F<@6H@E@9C?G8B;G;==:<.<167ACDBB?A:C@@>4F9E@>?B3D2>@?B5>AHCD<:>@=I.5??D>)7;HABF>9E@CQEDB1>@4>I8.H?<;>@:>C3A><6J@=;9;9>@D93;6B9 :>EA7+7@C5493?:@>==::8:CA4@8;GE@>E3B,F;D;@)B=CGA4=;I;=BA82BF;>96=@0CF<4?0A29@9DA;/=6HCB0.>ADE<@=74?0I6A2.?A>A@@4E=aa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tvjQG=;>58;@;=I<=1D9?CAAGJA6A;ACFF83:DE,:@DG-7J82=@6D>7L;;>H>@8?AJ3C6@DBB?>@A137<427I@:=:;9D;C@7AG?=>IOGGG68E?<87>B8=B>D9ECAAAAB37@>8A>E:C@,;59DB?D9?=?F<@DE*F7;?@8CB?F/8=C2G6AB??KGC7365?6::7>;==,FKF==ABC91964=?1;><1B<8?18;<@@4:7D9<5-?GH=AE>=<,?DEB7=8:A;.=>0<;7C39A?D9@82?OAJ=8B3;=>@.-C5C>8:C;;979;9<:8BD@:4==(6?:?=;.+=4=I7G<><8<9H?A?B:K199AJ=:<>7;D;:<:GD7/K:BC=96B>?;9@?F>>TTCenu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zW]Q9C:7K>F8;>592>B<:?5E7:EE:>K:F8A0ACI@:CFG:(H9?>9GE>=79<=>>H@GC>I@E<6E5DBC>G@;>=>;7:=@>8/.;<8H888'B?A?/A?'>BFA:=6E;;=<>@0;?;<>G@9DBC94DHAG7C2EA8?A?=2=>?:>NAKGA:J;IC>>C:96CBE=5A@7@B:.F:=?7AAD326;9H=>AEG64BB7@9?C<:0B<0@D<7;=:>A8@9:>;9D@;>=94DB@58=9C@E>;DG;G4CD<90:=;:6C:E>A:9E6?B8=8)EA:@CEG1DE>KK?@?@9A>BB(C;G>=;=6?CMAC9;?GB@64@@BB:JB96<<:G947.F;?CC?4DHI7B580=?6C/227:;H>A=G768@>@F:?<=?>>74E0;9@C=E?-=>7>7.B8=)=1%AJ9;<;;;:7:@@79Xgxtz…e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oc‰•¸ÿÿíººugU@=FBC9E<;;>D:>@FG=;I@008>A8C;B@9?G9L2@;B29=BC;FCE?9>;JC=>DC:C::?=@BBA8<2FA99C=:@?=A9?9E>4G>4;?>E=?4;<3>;C>9>;DCAAFA:8EI;@;=26><@;@;<<:=?7>>;=>CAA@:BDB=>B6A8=2>A<8;F=1<9>=>E7C?/A8CD7>A@>C/=2A669;?@8/A:@:-<6;:C6A<>0?DC8CHA@A;;8C@=2B>@F27FHDH?59G:?98=@CI;<:<4A@9@?:E3D+=G9:E:9E7IC7G@@AB6GA9D9?:?CA;A9C:25=?4HC:D/@8E2C.A<:9@898>?DH:6;:A77H;D?6>5B>?B/=F@5B:HF2B=:B85+7<8+8:A@;>>6D9@6?;=2C7;EA<=083;FC*<:?61-C;6?:C63=@C??>4:<88@9=BA@<715@F2AC9?5C>>@><<>@<@A?><=1ADCJ:-J9@9:;C<934A><#4?1B7D?@:=6:76698FA5CCG;8;=@6:IEAACA7B5AIA6=8=9:@6<>GDA;9A9>>:2AF;@?:8>899>B=A6E=3DA:AABB@B>89=A5A9)?;D=:4*AD0:@AB;=1;>8AB?<@:=$3(CK@A?CBG6:D8?>G:C@D?@>DD6AA>3B6:6G>9HBIGF7:?>5@@E:@:>A<:BB?7EF@;:;FB7:8AF8D=?A?;88=:B>M6BE:4<.@FA@E=D@D?8?K?9;@>@E7JH=@1?G9CG@A;;?E0G4AAG9?:BPA5C7B:'-;EJ?GD>8@IJ8@F:;AC@<>J3?B=G>;5@?6BA=?J?A9@CDA3H9ADI7C=9AK7><9>@DAA?GA=;6A4DD@D:A0?D<2B=><::A?3@84<@286?A$06C?H@49@><69<5:;D?==->;>>C::>*???6?D93:9@A;=HF@5>0-C73A14BCF5C/A9F-@5A=5=7BF>A:CA=>D;;-B*8;F83A9@>8@BC<;=BB6A;=F;?<2,18@I>J3>9EF>4:<815:?<=?I:5IB==>665B;EB<;@;5:>A=E*+HJI@9A23DC2;<@1687>>9679B?;:D9<<=<+@)C:>>?;6/2F8:4-:6?8066>5-A5@99GEG6;;A8<33EA99G<08K;=A=EA9G=38?D8A8C??BC?DBH@B;?<<2CJ+AGCG17=80>4:??H>>>?981=BA4=@D8??=;HG/:$=D=4=@>=?;B:8<>7&D:>F?@AF@@=BAGAD8@D?CD>3>0EFFA@GFGD:=:(C@.BB;:?.=EJg‚‘¤Ìÿÿÿÿÿã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q—ªÑÿÿÿÿÿì©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‹vPA>FG>2?.AC>;AC/F2=K==@8B>7;H56:?9:CDG=>FI>>@BF=5?E?AA;96HG?A@<>H4HGABD/GA9??F@A<@CF2B5GA@C4A9=F?9BC7?/@B8B/4@E7EEG?DC?7@G0@B=A;EA97=0?=<;:;?A7>4B98D=<<=A?66<6<8EF=CHA<@GB499EFB>9B@36A@@5<>93B?0=IA:<JD<9AB:=?7AI?=@>9@D:AJ>7?0==P8AAFLB43A/0DDE61@3=FDFGB16G>=C)=?F:E8:>6DEBBD@7B=D?3?8CC>0>6??6?@47;E=C>;?@JH===?HAK=>6:=;;6A3=6CAF=D9D;5;Q<;A.?;:CF16;LD<2?AACH8@@>9CEAJ9,>A8756IBI;IF9=DEC0GvwNA:6C?8J@B@J8>36A7:=H-=B>85:87=2->@.87966A@C5HDC.1766A@0I;<7@F5A?D:'<>=@=8>FG7:AGA><9?AF=?0A@4CHE??GF?C39D@Q::?;ABF;A3:;CBBj{‹v‹¹ÿÿÿÿÿµ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vc\„œØÿÿÿïl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mb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jem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d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Š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k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d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c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l„‚…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`?BJH;AB4CAJBC<:6A*:DCDA:B1E4FF@?A5>7C:@>G=<@D8C>DFDNI>FALC=0B478BCA?>>CIF=DBH4C:B<=B=>>?B9DQW?5CDFB9BA;C39C>???3E>=CAFJ:MEI@A:;>=>KQC?80E@D1JE>F;;:C89=L>73I;B6>9DC@;DA=GO==E95D?:6=1BB=A=89GBH249<@I>:=8D7AOCOFAD<62C/BB?>>E=AE6EHC9A:2?>BA=?CDA8E;A?D39@<=CG@H6<<0>@?H@KEE@@7E2>FB@D:>B?@8D>6=5A6OBCC@3=L;)4HEFACADC4=I7CCG:@IA;IHAZ–ÿÿÿÿÿ‹OFP;95B>8F89@3C1>?=8BE6-F6*4G=B?J>0C@ADEE=BAC3<@=C>DEFBH0BCI6CC:A9AB@B3UA@EA7A>EAE:?>>CDC@FCAFEEFAAG;:=IHC>59BD3?C@A8A@B3&I=JD;C;A:F>>@?;>@=6E;BD8B9C8C;:AHAE>A<>?DEGEB53BC>5;D=<<@;9BA@BH=:BB0I>B?68@B6?9;DAB=D7=GE>C9ABB9?CB>JGD;<;BC<<>B6<=;;DE==9;BG>=>B6EC;3?:BG@<>?76A8;7A69@=@<:EKC:;B@DI:E?A;:I:IAI:I8CE=GC9F;AB/9:B@=?BFEBBBDB8:F9A>:ABEF9>E3HFDF<;2/FDD>JFA36J77?4>:9>>5@>;7J?@95;C>7I==A?2=9A>A?GB>8E?>F8F957@@>6EDC@9?BIN6B@BA@>9?CJF?A?EC9;G@>Q=DCB9AE72;4EAA6;?<>AAD=4K>?7:>B707=@>D>C<>A=1@DD=D;?G1=AE3=B96A9@6J6;B@>C9B2@5J@;;?;@@D>96>;49;5@@.BEACD>F<29BA>FAJ=>GG@IA:F?B6ABE>DB32@@E;><&<9@3BKAHL=<8;>61EFB?=D:>7F@>=2?BC?CEFC>G1AB4=C;2=E.C>?DF9;?=@=A9@=I=C><:=;>@@I?849F9C6A?8C?8ED9ECC?D@>AHCD?;?:::>>?>G6F5A9@?AD9@FPE>8@1AE@C<:=EG>C@8@@B=4=B;@BE?BD5@K@C;83HJ;>A@>EI?;A@><4>BC5F?7CGC8H<HCCCC@?BE@@>B>A;B@;@B1BI6?@@9NJNH@@@=FF;:EC?AB@=2GD88=BA;BA=68BAB<@>>E@E@A?<=DDFF6D=3C7@D<=ACB=E7?BB9=EIDB<>?GKB76DD?G?DCEAD76=E>FK5HJ254??39BB=>HF:EGE7AG8TBF9DKF76MKH>CAG4EC@AE<@:IB@FF98BJC=E:=?IBE>E=?>AC;GB>;@>=98:5>CC2??6B?D@;D@BB8G@@D;GCE?=9F;<8=5C92AA>=FD8=?>G=D=@IFJDFB=CN629G:;KJJB?1@>>97I>G832FNCGD1A>FA:P9HODDBD94@F68D3HBAD1@4&?>AJ:=AB3B25CCE@M?EG?=@C>666H==?9<@5>K?D3DHA@.>GH>9C@A>4DID@C>;A@=C?<@AJABDHI6G?2G?BDFA:B:;ED@@E?D29AA2A:E6=?>4;<@A5<4HB@@-E>?*E@>@:9EDA:FCC8>A<7E;A=A:I?<:@CE@@5>8EE@;BC4GA?8DCD@<;BBE8>B768BDE8B86A@;;C7?AE?7;D8@A7H6EDA@?3I@@:FADB>9A@A<8A:JE7HK?@:;E<B)DBBC??@;?H>AC5GBA@>>FD8:;@>G-EEECC=6-E2<=HFA7=30G=AF7B:EC9A6?G?9?:8*E4><<:B<9D:B9C=B;=A>=1?B?4B:=DFE4?<::<936LB@=IE57CCJ?:GHC@?A96?:;32C8:?3@9E1PBB/=<<>?<9A=9BBIA7G=BF;4GE;:??<7A47H>@DA5A8D>===C;C?AAKE5C=:D>=EEBCE5I=8C9B9D@4F2@EAB::CGG5>CBA<:79E>?B?L;C5>A9C3B7:?3JAE8>;6C;9@7B0D8B2H89=:)AA><>D9:9G1:=DCB:H;BD36E>GKFG:ACK:GB<=>D3H=CA8:;:;>@B96F??DG>B8:C>C@8?7A9<';B=G=DDAD1EA7;@H64I6>7E4F93I2E@IC>@>C>M=BE>C>EKF4ACD@HE?/?9>8?>7B7F>G<:EBB;O;>;H?E=@@?4<8C<@>@D7ARAMH?>D<=ADAD7?G:C:?CEE=D9:B?BCE37@AIG@B@:8CCC;B=;F>,BCA>4::>F0=F>@E?AN<=;:G=@@B848B6>@;48FH:C1E<0AEG=8CAG>6@DG7=?B@A>HIF=?@<=AE1DDDB=1>BDCB80@KI:A5??J;;F8>H:>A:4B>@H:E@?:IL;A=B2SODC;<>BDGC59K9EBG8G9A=6?AAFABBAF?=LEG?=9BDDCJCMC?5=@-<:9B3<@D@C>9>DEIE7;==DBAM@;=?@@JB@:DFFM;;C=DCMLBFECDD<>DHBBCJ8A7K?9B9C4?B@DJ>8BBGCACSA?AE6:>EE/FBGD@C4D6S”„º—g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d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h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j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abh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b‰£Ó“½±¥{VFB6P:?LB;AB>G?>B>D>HA@EAHDD=A<4@?DCGE62E@C?<::F5AI@C3A?;=A78==A1AAI>=H9>:3>8@AB@A77>8=?=CB?>;C?BB/B@<>@<9CF;A99D=<=/>==A=A?DE;9DF=@A?8CB8A>D4F6?:29<4A:54AA?;B:.>>C?9>>/?CA2072HB84C@7?4=959A?>ABD:>89@?@6@?;2CA77>?>:>:9;;?EEBG<=B<2?>5EB8;26:>A3JC?A=HC.:.6?96=;30>7:E,;9D8=D7D@=B8E?1A;9@5B67F>@+??8==@A9:>?ADC=>>5@>;88C>:;BADBI267C@;;AB:B>B@@>??E>D<95?DC&B@?DB6@=F<7>-E*7>7:@;3D;AK/B>?E:D=A;>??H?D;=@E?95;C?6A789<;G;A=6E?/>>==CA;@BK?;758,88C6B9@@A3GF@=I>2G?C@>8AA5?09:.?5;D>@9F>:GC:EC=??;F9=3H>AC9B=9@=>=?B<@?C7?;;CD4?:B??H?CG15@9I2-@47DGCG5AG?3=?>DDM=>HMDDE@:GA>>=@=@;EA4HCGJAGAA=FH;7EG;?J9B?3<>CADGBE@@>>KH:F:K@>FGHLE@68??JHKIA9;?KCC3CF5:BBA<<<6GED@?IC;BCIJKKJFE;DBJLKDHKKIBO<@9AC>=F=;A>1>?BB>NA67BJB;7@CI?BI9K3DC@8E;FBDCIEFBJLEL>=5FDFAGF;A==IDE1FJC><<2>NEABB:@D>5G8G@PH=?FC@JA=606KKCEB>L3AC@@1BK45AO8<6@482K>:GBGCBG0?@C::@FG?@?B>6D<=8;==3CFP>;;1=>F>G@LJ9;5A>?J9A?B0=85:09<7=BAABB8?5N>AID<5BAFD>A;?ACKC/BA=H7ECCD>=>6>C>>9CFA37E?MKA>+K>:?K?D82C9?<B8:;9-C878@+AIACL:DB<DA<;?@@HLA:C@>B@GFC=B8B;?@CB;0?696B9@AHDF>DCD=A'?1>F;@F@?E=?F>?9@>E=B90;=D:,D>PDB;3CA>4AGAD@FCEC;D7BAH5AFD5E@.?>,B<60;<38@:=?>C>>8G>I=;>EE@7CAH?9CCFG>5=AH??66;E>>9/@DB;B96?>7=>E7C@?0E67F=E:>>8<:D:@?>=DEA1=IEA?5F@HK9B@J>>>=;><9D;@B@6C8AD3@.>D=7<@FD=@==@?;8@?>A??;L@;:>B?8=BAB;?B@=4I=9:E::;D6:=>9J6:>@H:?=E;3<:7>F8C@=973)1==>:8=<8>=<==;=75ED777<0E8:>=;7:5;F:=ECAC;:>IGA89A;<4:FJ37==;9>698G=>@6@;><<4>B>1?FA3;@A9>CB@7BCL68:2@:C@C@:DOCC4:7F?D;GF-C76>D?B<4A79AF>92C=@90FGE5:74A29;AIB>D>DJA8=?A>AG?>@@@>9=>@@3CC>AG@9A?;9*>/3=?/>>EE9<7;?>?B@C?;48*>==IC1=.-A@==;>;:BG>@==?90>:CE;9BEAFD:>EEA=F@5F=86J;=2H=;D9K@F:;E6<=?NA-;=2BE8?B>=CAEE>B>DD?9G8=:AG,?AEFFH:B:7?FD2@=GA6E>B?B=I@7CEBD@3CC;G9B@;<:DL?@LDB@1@CCGF>FFHFE=?JD?B>?F7EFNOG9CHCACFLGABA1D=FHDB:>REUOD/?K=9N:@@@KI4A3??LG=CKIAP9?3;4?D2FA;NN?JJME==EGBD;I0=@AA@@J@CI9H9N;>E?>04DGB26D>JJACE>FENEBEAD;?C@CAK@C?>?;8@A?;?@B@A??Z;A8?B<>@FA=6>4<FINADB?:RLG91:J6>>@J4?=9C;=B>G3>@?BJ<=8KD=C<8@>D<:/;H>>??GA->:BL7FEB'D/>C@IDABBBE>A7BIC24?<;=FC=367EA,<=;GC::/ECC>C@4GC0FI7C5<5HFE?CAABEB5=A;???GACABA6:6ECD0?AAI:GH*?D::C?=@@HCA@A=J@=<=K8M€–ÀÐÿÿÄÓ„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†áåÿÿÃo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ˆÒ²¦`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p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b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w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o’`b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k•©qƒg`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aIN>XFB;NFMDA@8JDHFDDFPBC.ADBBJ>C=G>MB;9D:EKMM6KGA;BP=DE>KI?INEF@JCG6>D8QD?QEACBC@:NFDK::A:6LDBD:E=?D=?6?EEC:;CCB@A>HG)JB?@BIJ;A:9:B6=:FMBA6CCG5?IA;C@1CBMA3HGGF@7@?BM<2I=E=C=AJFP=BEF0;@I:;?;$943:5<@74<0=>?CD07HE@@>:E?OE8;9A=G@K45;O5?B@?@>7I7;8A848I@?%H@=@/AA5@2=?B9HG5FB>?6?>3CC<6G8B<=J4@AG1?B>;6>C<;<69><8A880;;9=,RVgq”‹¿œ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qg‰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n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a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fDIHC>GF=>BQCGBJPMHMGP>KFJD=9CHNC;EEA?B=AFFEGF>N@PK?<;G>GI?9F@?BFD::<59F;48.3>SJJ?+C@IDGIEFG?FFEI:DO@H>@C@C;M;=8BIBDLIWOCMJ?45H/VKAIKB)<8D<=5NEI>L=H9E@5@BD>>8?8>(?,=J4:<;A>95H:4@+2@=?B7C3==C?:KB5::D;@@3:>@=6;5:=KAD:-DBA-;=?9C==C>07<@93F@7@72B>CB?5+68B>4?>CE9>9;>=79=A?7>DCI>@2<;:DH@A@9?C6J@?E>8?9=CI4<0I?B?F9:FCC:1F@;B<9.@=F<*=5E==A>??@;;E9B74>=9BD7E:A?5>C@8DAA:G=889>CBA3;H;A96;@(6<@DBC->ACG<=?6BD76;>GA.8AEC@6I:;>:6D@:;>8;@>CD#@=;?8AA7EC??A(:A>5A5:A;=9<4:EA@>-GGA87.B7C.BJ>:CC/<=HC0>6<D;8:7B?9@8?HHA<2;9B9;AC/;=C?::;12G97;B7=DA<79=21;6D@D>;=<1<@89494?6?D<+9CD@86A>;D8C9>;=3<@@3:F@A;CA478=;=A:8B6?7G4?E==96+9EB>>=?>;@3B<;7=?B;?>B?/:D@=2<:9E3?/FG+?376E77F,A:?>@@AG=15=4EC;?:2=7@9:D<,>:@>FDC780CF;8??,>A;GCB:F@2D@7KBD?5C?:B5A>@2?E8;?CDL>?88@<@7;>F4:DEE?B9@<7FC>?=1;EA;D>BAJ8<43BDC:8F=8FH:H/C>@O>G<7?D@CQHB@BC?:<6:A<>A;E3:AC?<;>BI=A8ACDD8AD:HGE@;G8JA>E9D?3=G=DFCA@;;LC<<===H@2?>G@DA=F:<=GDB:@H>EFTABE:FE4@GCG:B:<>;FE?3;AD=H=?DC@B:>NA1;HXGK>B*DIJMHH/8=AGDI;>;EADH?BM3J?E5B;GK@?JFJIE?DFAH@:5IF=5CNCFGGBBHM:@EBACDCL5JB:;AACCN=JDIH6J9FIKLHGHAEJAF?BQ>CKQEPHJCM6IEMJAAB;@?EF>OS?AFFBF>:;2JFP@GMD@F<>;27AE+8DB=;>P5K=?7?FSGNKRKA?PJBJJDRE;I@KJ=>FQFFYSWIA>BBEM9AD?AQIHNH3H;O=DCPE=IDA=>AMDCD8@:AGO9@C=9@16<>??=QBB5BC9MAEH5G5>DA:HDI3;@@@B?I9C>H6<1G>;62@4?D5<96AH39?@BGEF8-?=A5?9BB844BC83@LF7II<@@FE:;0B=E@=+A/A=@<A985EL>:C:A5B/9>IA=8002>9;;6@8F57?G4=C?0;B=>I4>G=C9>6>?DC>?5D0A<:D,>?A>/>=<:5?;:;:7E;352:=@=8G?A8DD7C<;CC.G.FGE<3CF93B5;3CK<019>:<6E=;?<@?CB9;@5.>;6@19?>>-7B?B?@BB/06@7?@@:BCB<=A8876F=F?<=97A2?9:A9F868?:C@#@?9647DI?D;>A:B=AK7E6E?;E=>6+6:A9D8A=4?BEEB>;?@94A4AC1B>A9;;?FB/8>7<84BF89>A1;<:E>>?B53?FC>0A57?/;7;C?D>8??>C=49F>3?A<3DA=(;HC<:A@<-8@=>>D<@;<326;C=3E:=@8=CB;*>A;?9@B?=D@<@=B=@DCC;A99C=<.H3E>9HC?63D?89>B5<D47;5@@B?<>?A7A@=?A66>B97D=?D.>AEC?4BC:DFC7:B@4AGA3D?@@9DB:B:A+>1A>B?/A698@/?7?<:;?<='8AD<58G?>AD8=>>8697B=>::AD6=I872@=D>8<=BH?H=@5>@>8C;799F;@;AEKGD;A:;:=;3B?<@5@@@KC@>;>>9<199A;=9=A<;6A8/>B=CEA7A5D1FAE>7=FMF;B;8<<*;J<>F>5;CA?=>=CAJ==AD>E98B>>?8;EACD@>;;FE;CD@@CD7BA?@C@BB<>:GB1AGB:AB:FBAA==;2?A7C>???AB;J=DICB5?A7G3?GCAJE>5G?==E=7AH=9?;F:;F:HB@J@:G?A@AA>IHE@G@BBG>B@???/GK?FG;9SGBEKRB@@FGHBEDC><@ECF<4@2EIEAJCMB61A8JC;.?>FECKOKGGQJFA/?J6>NC>CCAALHPOARJGVQ?FFBKKHF>DKT=GEABAPAFAIHA=QJGNCRIHDCCABMEO83D8?<3B;?C=GCHU;NM*PMK?C1HDQT?J8R=D;/LL:=N@?CG=F675;SMAK:C@AG??CKGDHK.;+GD>D?<;;AJ?HI9>E7-?;:A@9I>E0C>BGK4?JO/M;2CB73FIKB(A5M=JBF=;799I;H?DF?1I=;B?@H66@AAGCH55B:B=2BF6FLK:8C@;:?1G?B>B@2;@S;D.1J>?QMSGUF_g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m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a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r˜Œ¦‰`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bII8F?GAAEHNKCQ@A@?QOO=@=ODD=ETFI>?6MHJM:>AO=FGB8DANEKEGB/LOGQHI>2:@CUEQ:7H@A@=C8=76>3@?BARH;LEFICEHAHGEG>;=BTI>@986F=P9BD36/F9CEC9A>WA9II[N:=%BJ:BICEQOS=DoQSO9A0BJNE:FCFN7=R>@6>FO6:C?B.;H=<:<9OEC=57?JG>C:7LH>H?E4<=<5A<<<@E:9DAB6AI:HH0BNx}]][GDE>EB:=.CA?55,14=?@7C;/AI@3F3A@D-A9@;I?:I4=@D?9;564G=>99?<6@A;68/CB?G3@FF6*F;64AD.93==?D!=;>C9>ID>EC?A9?A?@=>?:A8K@BEHC7C?47A8E-8;C;C;<;A?=MFAB=:DD/7>@4?97.<8:>55?>CAGB<2GB=;@2:B96:=@C+6C?=C:BB7?>0>87871A;9B78>9>AF@6=21>,9A6;3B62>0>67?298@=8?C=?B5CB<-8?<78A>AD:;>@:?;2<<7&5C@=;EC78D7B64?;3<>5;>>=@FA>3?:A@8?C9:@G60C0;1<@C;A=8G9C7>D8?A>4DA@/8=;5C2G;:A:41AE??388;7/>C:?C@C@9/8C<6>@=8B>5><@8-A7?:I717993.:8=CD;7@1DC9;?6@=;@6.D?@9>D69A<=8A4?2B?3>8A7@:?0:A@7E@;=A2;:C*<8AG7???=@D;8AD4DH>6CB>D4J=6?>A::4;CB>E;;CB?8@99A3<9EBD;0?GFJ>B@>C6FI>?=<GBD?@B?>:6FHCFF?9DC>9?>3:9E8B;D=;A7IFB99C<6>::<>8BB88@@ACE1@D>6BE:C77G;??G?6A35@B?D=C<@C:>/E4:>>:EC=CA>=E@B?4-1:B?;6?H>C>=><::@C?3AGC=D:9K7@?6C9G;2LJ>JHIFD<@>A=;6@==H48ABD:BDAE5BB;HHBNKGFFB;C@BDE7;:I4:@BDJ>B<@B;=?CCCG@AE5F78DHEC3:HFJ3AD7>FHIMLR-?CFGECKAD;F>=@I;>@A;LD*KUCB=IGL7DAD1672I9KOG4QDEDC?@?IJQJJ@E=IB]NHPEJBA0KPHFIFFHD@:?QRGMCNHFJIDC@KDAPHJ=KB==HJAKC>BQ=GL;DETMDGACNRA:AJG>B7FCEA?OFFFB,E;@1?>4;?:KKK>BBEG??K==ADB?CA6BFA:?GBO;CM6C8=DCAL@?9FF4@;:C;=9BC<9@4>E7B>DF;>5E<>E@<@EA9+AD9MFBA4?HFE3>DWNR@?81M:;JEM=<@=?4C0>A=496(I:5;L<0=@DFAM=>+E?4D=>HAEAE5.JF:9*?HB>L:B9AAD@0A?0?A;A(;@*4??>@=EB=K9@8AABG;B=8G;AEBAEH@C@DA7C5IJ59C1A>D.L=DB4BC94DD9?D9@+:H>>@D0>>72>A99B>@PDC1@AF8E<=;@=7C:H=99A9??4CI@F@>F4DEC/F7+-5A=>;?A=DDAAE>9@88C@@?-;BDDED3?9A62:=9:@>79@4=9;D:=4BC>GF?I4@A25C83>A;D6?*A16I?-AC?<17.;83:7/B6:@4=BE68<2E;:=2;5<&B:?;0?D8?2<<>A:>A7E>:::/=8I<;<<(>;84B6/5D=F7A:39F84=><>A7:09*0;3C?9<>>9>@@>6?<37892:ACF;>B9DC5:4=E9/@C:?@:=0639<:C;=6@D;>E7B,C838=;;E<;D8:,?=I@><:66F<7=146;CG=;=A657G=;@>B>>?C@CABH6=:DAB:AC7/A>CF?AEI8DB<2D5EA::8B38B?HA)?56;@;8F?DCBB;5JD:AE=E>?:97@;@DHC;B3;GAG>E0*F<CA;?CAABH>DB2@B;<<+A9BCHC5FI@A9AA=B?C2<>BGAAED@E>B?@G:<=>?AD>BC6A=D<==JQD@=J>I;?=?@EB6>D:C6=EAN@@G1,CAAD@>6C43:9@C>C48F9AC:HAFIFCEEC?=E8>30=GD>AGE99CA?>??JM9DBBNAB>@HF>=FGMC@ABIOH@;FGMC6CKE46;HB@FI6:>DCC=B=<9>GENB9DACHBSE?BENLFFIGCBA:E>GDDB?Gh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`KCRRKE@H@KOAHJE=ADSM>42>=;?;BG@D?=DKBUH7>@+UEJEUUP/K=87BG4QG.BJ@AGK/9@MB?KE>7=JNGI=EDFSGN:GC@V:DC7F7;KIALBO-?:C9<.AFF>4LP@36F=6;:*F;3>D5=92>B6I729D8D5>DF:AB>@)I9F?;?5;,95C8B8B27/@57A6HBD;<@0?41O=>1<<>>:BB?B21@?;>K=:FB$=IB95*AA1)+H<:D8?EF9HA8AG.3=:1>AR79.9?6;91DDE=@B@:798?6=?7DAA:C$D?5EC?K>A=B5J7/IC3F6BB;>6::9J@DC=@HC@B1B3E3>B?=>>:>?D>AC;8F;@0C>;5F8-;A?<6=77@<8?A=3>HAD;137E:A3AA3?7FC@;:C>8?>=/.><@A%@:>?CIFFJD>9=/<;@A00/5=3@6D7:@?/?GH?HB58B=BF0D6B?>:4+EF;;9A>?AAJ<@;@7D@6EH0@C>:77:A0C=@8=E5FI@67B4;C:G88B5>A:;D>:EAB;8<,@8@??6F?8A*DG=>BEB-@=0FJ6=DI@GC<99;DAD:*@9D7=?>>0A?6C;>:;==?98F<.C-F8@3=>6A9FDA>>;>B6A><7F@F<>CG@>7<:;I>?;;F@=@:?;;=6>4888<>@>@94A8F?;=F9@5?8;?;8@=59=8@=A8?C@G@:@A?EE7:@==F>>C0@=9ECG>:7?;?;B>AA7D@9???:A:I;=B:B?4;A?MDI?BE@<6F:IFAC?AC=>H2<7AD7C=D?;99AB?@C7<@D7@@/C@:G?9?A0B;FF?H@><05?5I4AA;F>3D?3:28=;5:E;BGIBA>AE6>?=<-4>9?DB>E7"=4A;B:DFC09HDC<>@F@6=CCEDC9GF;1CCA;H.BG@JR6?GAGC>3EE/HHC>?=DL>>?EF9ACD?=E?B<<:EOGNHEGM8HBH?BCFNMEBAJ=>>KC53E6FEFIAA48?4>7::H@@EC3BXL1OB9GJSLBI3BBDKG78@H;>.4AGOACFFKA?8H8DH:CI:DIACI:C4<7DIC=GC:9MB:NBBQF;H34D2C R@@5>>JAC@F*JED=8M@P5>?"D09OAFG;?J?D==>A>@B;A?52A:3==D(<@8?AGLJFK>E:E>;5,@&D>HF?A2?E5?@H?@6A4G:;@F?=C9KHH9>/@??>?H7P>G;GDM71H">?=A5K7A>2?H8=@BKKI7590::F?9@B5DB9A2@?C@98@;61K@,:.;D;E5=I4@:9HC>71,>E6A6:B6B>8@?C>8>4A:,<503@=ACA5@@11EB:8@CBGE>FEA=IC0C@7@BA6@A<><=BG@>G?6:;B@D7>?4;876FA?F=3J@CA5;BA;?AA6H<>;<1C8@::=@460A/<=8>9LB;J@A81A?@;?>?@>B?F<66-97?:;D9/F.<>>:08<;<>8=?8B>>9%>6997?@E?@>7<9>C>L=7A4<BD1A<<>E>+B@@>@2-@D?>>BCC=@,>;59<@+D?608B;@@C?9>B@.4@38>3D.@AED=@@E;,F8EACF=DB<>@=@@:?AA>B=D>@>AF??FDC0?>GEA89EA9A93;?DAA@ACAD>IA8@2?>A@D::B=HAECAE=J?9;C5;=A7AB:BEC>AC<9B52=>@K>4B9?DAF@EB@HDE5@FB@CC4A9>E@2OCD@AF<>6?ADF>B7B@DB:>:@E,9C9EAB;2<=HBGFD.8.CH>8G>=B?E3?;<@@E9E?>==F5H8;@4><4=H;?A=>@C=B@?D8GAF7EA9?E@6G=>>;D;;;@;=H9A>E:D:A:@??>;?B@B@B?E3H2/7.=>:EF@=C9A=C:G=<@HBFHCHCEEIFDC=BTEHDA;??H=D?9B@?L8?C<7EFC?EFEC?@HD?CA5GLDIJMD=@9LI>E>HG@<AKB9FK>?GAD?AJ@MF8ICI@ESCDFH>CHJMCM=CHE=@EDDHGGEAKCD>?@HGS3:GIH=NFC?I@=9F?FEIK3??D?TL:@GGHEMC=BFBV=?AAI<@FJ`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hÿÿÿÃNHDFA==@:B1G<8K@7HD3:F?CIE=?A@=E=3<>A@0:>8@8?>A1=>FAF1HFDCD7DA1=G?DB2?EJCG60D(9=<45><>BCD6C.<5B;?=<=D:H:=4??2:?>E?;GD=@D;0.;>:08HG5BA25G3?)I.E8B:EA(EF09<@@CI>@DA94EAA@DF;?C=>/>;AA9+?@C9AE089EA=C=;D=B88:3?'>BB:6F>:=KGACH<@:@;6:1ED<16DC843BD=D@>@@;AJ:?;L58>>;CBC?/>?2BB:DA>,E3CD>D9CF;1B3:@@7=1<<:<;:DKB==@8AA5>D7F>>?GDB:1948-;0C?HA=B;CDC<75C=@@D@@>.:??;D@B?A?:;A<;GA=:=&CC?D@I.?1A6;7<=A;34@=@9B=,=<7?F>8C75C80A?=@9?14649:?1B@AC>F=@A;8:C;?B@JB;C08A<;5@A:7.A>?8<*;<>;ABA=EF@A;DEA729B>9ABC4EA81@D@?D9=9E;8>;8=?7C>B>93>F7=BAB<=<=B9;F@>@B'EM3;>;9F4F>7?HD6;E9B>;K?E<=:?B?E@;@B>4?2?F9EA6@=9G=D9=A?=>@<@A@7CB?7>A.@C=9@>DAF=E;;79=DAEA?AHC=ECIE8H==?GB?=BF@@A=>C;>C@?=:;J?7B>B;;A@F<<=H>>@AEDCA8?B?FE:?G?AAC8FAABDDF4B>=F@?;6?>>9HBHA9@@IC@FAB:;EGFACHB@FBD@8DD:GBB@=;;J92:@4G9?CBDB?ABGHCH@6@;E>BEECCAGBOEC:NEADB?EG:7BC=CKMDBCEEF@A2F3<<>BCAGF=EBEF;6FC=F6C<<>HF6C=ECFB69:B6GD3L>AA>CGE?>F:D?A<@DDA>IH@CBAGFFRIEB>PFKNEB@>F?BAA?@?ICHGGBLC4B?6?VE5CG:LIDONJHCBOK>?@GJLBE:L=AG>E5AE;G:ABGLDVSQNLBF6?=;GGJGE79<;D;HCBFJBCEIF;I>FG8I8HI6PAEAQFG>BI@CCCL6KGE;DEEI=@A@LEDA>IFID@BMLJBF7FBWECCC>EWRKN\J??@9OFC?C<>:9B>.8=2D;CFFGF6@OCKA>EEK3DNI8>@C=KA=FB9C2@;DAHEIEE;=NE>A>AIF@TK:AC=PT;@HIA7<<<(F>:9;729EHB9>>?35==9?=5B:G5-72:DB7>IC=>@H5ED<=G?9C7D19K?2PJ<@Q5C>9;A9=C??@8.98A1H:89DF9/>;?GBGB:0BFB5<@6A;=;0:CI=++>C=09>3F:E<15><9:BABB?CGE0@=:E5FGFIB=11F6F?5>?EBCFBHA6=:ABJ6AB>7C8@?;?BB/7@:@=AH1FB>B>L0G=.B?A:@IBA1@<93@>9D+6:B>B=?7H*CA?GO9=E>8:;CI=;?6?C37H8A>3>AE8BBED9A5CD@A:>C<2B=9>/95?B>67>B>A4<@4C<==8B????B2A9@=1B?A=C@<5?>9C@2<>D<0;?@77>4CC5?=9C;;>>33>A>:9A;A>1;9B6=?4<9G;@9AK,=4C6;.-@:D5@A?-D9I8+DE:CE?7??<:?A>?:43AB?D>8-A;;B?59@??@*21685DD886A086B<@7AC/9F@G5J3CA@B;A;@:=?<>+;7??9@=0C?::>B;8A=?1<;9>C;;91;5>6=@BC4B7:B??@C?-@><;@6?>=>F=;.C=466>=<=<>;<(AA:;:@DB=;>ABD;B?BB?>>F=;A=+9><7=A@AAG8DE8;>9FE75;;<=?@;A;CJI?5>6A?ACHD<1E=8;9L5=CAEF=<;A>>=LA:B:@A=?/@7F9BE>7=GBB;FCBB>L<;F@C9C?>DD@<=9GF=D?E@C@BE@EA?:?KBCC5>?DAA'MB;6J@B5@?C9@;;AGNPCD9DI:=F@AF=>6?CH?A>=9C93?:?@:EL??A=B/7B99F:G>?>AAD<;>>E@CFHE7C:EDE@LA?<>>A;H?@??L9?BEBDCEB?>CCF>8B:@@;DIJGF;EIRJ=@D<8D=A:GFB@DB>DHAM=JSBF9BA@?IAEJ>NK9DH>B4GK=BJ6F;KD:IAINE@?E=C8CF@A@HDCB9MNOGBL@GCOGB/CEHMI8@ABBHNCKPKV@GBCJJGKA?2DGFGERHB@FLA>K4?HCO?PDAOBDKIICVNL77?VNHG2HDG9DPPP?BVSDKFCZDKJH=AB9>>D>VQGTEPDC@DI3EHHLR=MBHILD92D@AF=CSEDMF;N>?KB=PEGDL5@7767B?0??@:BEEGAND<59HCHD?;=:B3GG:<=>H@G@F17(FIBFBOD0DE?=95G:9=G>;35EDME:?;5IA2=@7;0<8?3H<>0I?@C;M4DF@8971;F=/:F6CB>>5D=EEEA;AKDC=FCA58*;D@BAB=-9GE?OAAE9:>14@?@FE7>BHA1AKBFIC,9E:H?<0<5C9J>:@5G;:7MH7D=EA6@4DE9:CB@A5;D=A9?@73>DBG:F:J@:7:A8=2;>@>3B,?@9$B?06?9EFG/2C:C@?1CC1CC@CB:C84B5?7==?B:>@6>,?:8:(@;??.9<>9@9C9DC>2@<@A8<8DB;@B:>A>C+?8@<6?;=@?.:7@6AAF;@@ED;;@A?BA?8/A1;;>;9D9?><69:B49@?=7=@/>EB@>@3>C9?<:>:A>/4@?8:@F=:C*?@=?@90?:7@CD=CF:@97>>=@C?:8>;CC.>C;CF3H@95,93:>G@8C.??::?:5:=C2C-:@F;B-7?;;?-?A?8<9B>=>?AA=DE<,KBCA?H@:2A;>:;7H>B7/>9?3F?@3A8@F5:8;B1?D?7;@;<>69HJ::9C7B=5=D=B@?CF?6@@=;D?;/?=;8>-A=;3;GB689?E=?=6A:2F?99=6A?@=<=9B=<9F?)7G?=@;DH32?GB.0A<=7>7A@BC9@@7:CCK=;BG9E:4EN9>7AD=AA:D3??;ABA?A>HC;>9JEA>2:?@CG@<8>;AD:AGB>7=7F@@7@=AEEEE=BE;AB:67EEBA18??@@<:DGK6=3:D>8FF@6@@::AGNCAD;E@ED:FG?FJABBBK>D:E99A?K?BDPB=MAE:C7AD?=?1E?@?>D>=@=?BBCKCEJID96E>?MH?6D;?AE@E1C?DAEEECBCFCLD<-@JCG5B@C;5:SJD?CGDCIHB9J?B9D8VO?IJ?G>DBCBC@A:;H>@G;?GKHF:aIBDPLPMOJBA;=CK37LA6@B9I@C9O\BBCJLN?M@E;QSCGODMNI7QQICC=9@7@5DAE>'CAR5QIQFL=?G6AE?GHMM>GNBL9Y>G?;=2KD@M7E?IMMFB:ANGANKFBAI?EZ9=9D8<>1@;;9A5;=63F?@79/1?48DNB@DA:HNLH2GL>=BDCA6D6=4JG=C?3DM6DF68@>F:9ECBÚÿÿÿÿÿ³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ÿÿÿÿÍc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hG<9;/B2D)2;>3A@D@B=*8AAE5AD?=@B.<@+/;>CMF9?J=H==B@*<.DF5>GA5@:6J:9EODC;58@>IL?DE+D?BF3>D7;D6FB5D@EDJ?AIBA9=G;F/D6?F;89=:1D8<=8@G:9D8;@B>>G8=E57:0F<=;:?;=>>78C.@H>B<@F6@AH=6?A>EF>:A=<G=A<;:7>8?9:C@;B>9>FBEJ21:)F3AC@8;:FG6?B=BCAD9>;>::8=7=@B9C?>@8EB4G7(980:BC946A>C>?80=4CCG>:>@C<>/;=3=<=74<>=0<4H?-@@B*57<0=?0059:;2??6C?6;9:<:<=*B4>?>;;:C*;@=>>DD0D9E;?D87J<;>?=<15BBB=B<@?39:::?=38==98?E>C5D:;1B3;C7ACA>@E;1CF6:)>;>:<=>3=FEAA8D@@CC5;B6??5B>?>87A7BB>BB>BD=A?@:67=?@;F+>A6:;9H?>4@<@(B;??8?D996>B>>@A9C>86;@;>A=F,B>5B98::@><"8<7G8@09<>CA;C;F===@5C;@=:>B?5E4A5;@?/A>@:?=IF@>?=B?>B2G<<>@>@BAB/?=758E,9>A0C8=552>>?741D?9=2A;6HA6<6<0;G@9=E;6=A;8H8;084BDDJ=AG6ED>3F6>A==BA<5@1=?BH.DJ,=9@=>K:>89;:A9>7C@NB>=F@<>?@BE>:FMAB=;>?AA<@;8C<@E8=FE6>?BEBFEDBFIICA88:AC?:ACI==C2DGJ95A>159;85ABO@=B,E;DF6DD8>>IKAA;7F?8:AI=KE5FH2I6GBF2N=IEH?A@HE=DG>=FDA9AAFACBFG>9EKCBHAJLDGAFQGPEDCJAICCF:AT*AB>;@@E@CCAF>>KBFDDB@@BIFI>OD54H>>L@5C@B?A?>7HF:AE?/IEPL;E?B@?@FA><@C9KJ;=@I7CFC@EF@BEHONA8GS?EGFRLF9GCKB6B?DFMJEJORGJD9I=PEDMN;>>?Q72?B;OLVFOITID58<9F?D2=BH.?G?>ECFDDEKHKM6@JCEA;A@HGC@F=B4=BA2CK5GFOFJ;C?@OEC?:OLHHMKMFG*CJd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{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f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dLCKQH@HD<7JIDIDHMEK:FKEHBKDFAQEEC@=>>8DD<=FICL@MAIF@AAQ;cW=INOFSPKDTGJMJBE4JE>HEPD6F@APRGe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g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a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`H=H5A0?DAIA=DB;>9BBC37;HGKCKHBBA>ACKM:4MIJ81BD:@?N2F?==H40=5F>75H8@>@DBCE>(*?KE5-F4C@A7GC79/F<86D>F/BB;@8A@8?8G=A?/6<@EB=/@,D49B?8>3=97?D@E357CH=@BA:GB9G?:;.9E=?2@;60B?=<654=A=:>?<0F@!=D5@@@;@=:C;>LF:AB;L@=@FK5=B?H:)3352BF2H)8>1<<@L>BCC:4AB=@=C;8D<@79->7(=A;-1<97?:@>:<:84C;@4;92:23;?+D66:*ABE;><;<8==@DD26>:E?GAH@@?8;@?9:>=1@=<:;CBA88BC@9=@D>>D=<:5D5?7>7E72CC>C?9;8229BD?7=90:B9B;>?3C;9@2>=7,8=4BC>?CB@1;;B45;<+93A<:>8@>E:>DC78=99@C=:;7?@;>4<:8=2B-422/;-C?:C.?@8?>4@A/;7<5?/9>8:I;D:=91;A>C<=:66>=B=9GA@7CH=?A>AE9>::??<56>A?:E9@H;?=I?GC?;B8699B99B58>-<<>3:D:EC<?*8BB?E@>?CE@5B>C<4HD?@?>8<.=?:@B72?<@EB1D>C2G>/?B8>=E;BED?AD8C>38B?:6<@AMD;=CBCC,DA;8@?G>@HB>=P1:8DD6?EI:6?CA<>G;@ABHBA@>:9BGC@E6=65BLL9A;>?I:J@GB3->;?HK?A88<<@9-<:=G7J>E6B87@JCCB@>KIE=ADD7=9;5FAF8DHB5>DRIM=E:KBPABFAB>KHPA2>CGA@J8MI5I:CBLIMABGAEA5ECOII;GHJ>BAHR=FEFEBRRD??JICE:LVESAA9IOE>AIE;RE?G>EHB>G6I8G@RKJMHG>BHEKDJBDCD>A1=CB;5F>LH?UE,JLTFAEDF=RPGE1PJJNCBCD=FFA>9:DEU?.EFL@D>HHC;A?9F?>?=MDFLDO58>;?ACE>;7;?F:M>H@FKEDL.HHC8C:?HIFC;EGD?@;>8=AC>I;>9B=>E:G@>EH?B>>7B7FE3@/1C9DA???;44=>0>9C.=?A8FJ:-=8HEHI=G@&=B23;;?9,79>@A81@E?E,45PE??F@=<@?;@6E9@7<69K=GD=?B2:BB??@F:C>CE=@CA<96L;8>DFGB;9?GE<9J>?=D=A?41D>BL@D6=G;:BBC;>=E;=A:2>5<;A=;D?<.DAG@G1F>B>H>C<7-"?;09.6DC7?=D@/?9?B7:<=65;FAD>7?5DDA=6;'B&4@=CB;7FJBB9>A=AA@74J;?06?B<=<=::=5>DD?F?9A=?@;?9E4><CL5A0EBGAD6?@A3G=.=:F>A?%<:9?B@G89@=DKHB;98=>EA8::?CD968?>:;@;=7G57=::>6=6?@7E:5<)8B>;53?5?=1?7?<;?=:9:C8:AD?>?>D=@97@=35A=9A-8F?7<6>>A>G?E<<=??;:CF?B196B?BB9?=<>??C;G:?E4C1@8:;DB4?<7=6FE;>>>;?=A?B5>?3B8B6?>>A:LGD7@HA@A:D;9BG<@A=C:A7??9AD=58;?@;?;<:1?G<=7EA-@=<:1<76@>D<:;5ACA.>AA9@86D=:BH:CEGG5@9?>?@=6KG6<:CJB@FBBA<4LB@@B;A9<GA2E@D1>ABP6B?86C<3>?89AE;8B@CG5CCIAI6G@FI=:>0<223:A;=?H8@2;C9A8BBD>;GEC?K7I8CI?CB>BG?=C>=GEFLK@K@:B<;<8@D<3=8IAIMQDF;9DH>>?G=DE4CE?AD>5AC35>4HH==??:BD7UIA=A@-G8JE>ADDE<+FRJ>=M<@P@@LCB7>FOF9D@9:4@C642?>B@DB4CLTCMTSHA5C=KEFKKN@9==MJA?AKC9ABM9A4RJC6C?D=@9D?>N=D8K<;8VC77;B?;ADCBE@=AN4C@B>EC;@;HC;K796A=MHGF>B?9@@;<7A:=C:=:D9DE3=:C9A@C896<2I0?7CG4=.AA6A93B8A5D?9<67>DBHLH@F4A,<9@@8BE8CK?/@>?;;<=IOJ>JA9@D:>H@;@@=I@5;EBFE5BC>DHB?AD>K?6;BK:?2<037DAA@?+?8>>3>36;Q@E94MF?:GFB9?@G=??>5=BF;@CC6603BD@8.6>D=67:3F:<:GE+;E>:C6?:9BCD4/@;<<==?57==<>04;<;?=@????57BB9=;FE+>7>5?BC?:888;<>D@1@@:3>>5A898;<:43C==D8=5BCAB48F?@>?A<>D;D=>8=?'CAD49967@=:?-?0B;9<67C<;><@CC?B??@@8@:?30<<=3>1E>?8E7=DC@>5DFBBI9;8:?B?@=8?:7(@H@@5EE@9:7:06G?<09;8>E7<>7->7@<8F;BAF;2>=2;@67;9:C:>;4=?;-EC<A>8:<6<;;?A:=E6@G;:;2?8A73:=B<9>F;9=.3=3@>:A2;>:999DCA8=;8>C8A5<=:?8:>=4;>>@;3=:C2;9E>H:BG/GBAAH@=7@@5;379:@<=42A7A<=B<>>;2<7BB=BC=??@;=8;1:A=31;CA.?)7=GM94A=:;;;>8BB=@B2?64C6:D<3@G:===:248A8=;?7A?:2@G:1A<>6;BCEAB=CC=0;D>@0,<>A?@DEEEAC@E5B4C;E3D>E>DE;E34A7;:?@@A44==?>?=>>C<;?6AC?D7EFG+BCFLB<=>B=6>@C@DCBG1H=A=@F>><45B->B<9D;:@>O@EBFIBDI:BEA>K<;5@4B@0DF@>@7>>=7>;FE=77C@;>>E5C:@CADH>@CB7B-<9IH8D>7:FD6L6DH7?A=7GDEDB:EJDDA@FH9BD>8;BIB>>BCBD5N:FFMJC@>4AEADNEG47<@FFMEOQMEJF@8QT<LUIBGICKH;@FRIBGN\JJ=)I\8GBCJ@L9MPKGHD;IUPXIN@BG=9KJ?E:JLGFPPKQMDA?DMHS:ILS:U=ARFCI6;GJKHDECT9CMCIG?CGBCA=C??RCJBD:M65GG@AJTI?RJ=XODOBKHFJ9:SKEGHFN@OFD9DMEBP?ATE@>=LMIICRIGO<6C@PIYLOLOAGNHNDII8>JBEJ=ND?A>7JDCH01=>D@C>1?=AI>9>@=@7CC8@>2F7C@:B>E?<-FCB4F5?97DE)?8=A?>9=CA,>68A>:@1.H8:%=?BB:0=IBEMG?@H<@?9HJ*PFB8?C9*=@F@@F445FCI:C97FBB<;B;4E9@L:AB<>=>=@AAD@;>5@@=3@@D;E5A?>?;E<@:-:,<5:@C4@,A>2G=:*8FI5A@2C:9@?CFJ=C?DAD0E?:9>HE=AI;:?;5@AD<>>F(5=<469.1E?;86>>/<>3<7?3BE@-8??7A8@7A@9B6A4B;6>AE>19B>95>@<66;52>BBD)BCDB/A:E>E;<>9<@>48-1=4?>E==;?AAC>=?E=E@8<>D?:D>=4A@;>D?;;AL>:;<:@B.6@E<-9B==5/6=C@E@?@?H<4?=1=/>@B;-><:@9==39F4:===>997:/=39;>3-B@26<:;.5BD>@G9<=8?219<9487:67;D=;E9>)F6>1B>@B32=39A;:9>A?9B>3@?7;F6@;D><64=9D@;@>;:G@6=@A9>7@4<@=7=F<6@;8=A@=>3@>C>&8C??9FF@BF?G>31B?A<>D5@/:=<=HCB7<9I8@<>7A;,>9BDD8>A@AC>CBD;?>>86@819CBF2:79BFA9A;>FDA:5>@@;BF:5FC>>E@99<:@>8B@C8;<9J?9B2AFE<89B?K>@M>=DAI67DLB?<=CA:?@2C::?=?=?<:;<=;>?>1DJ4.N@;:::@@8?AC208?@?>;B=F=C;9=AD6;A?E;BAHB@A>D1B>KC@@9DACFDB5@BAE=FAF8BEMD;@B;:F18>@BD@E?8D?;C>==BHH:B=>=CCBBCD9?>@9:<7BHFAFB0>AMID@DABF<8>FGJNGCH?G=WFL7CB9LJ56AGD>;KG9GF>GGH?PCKVHM;D9:HJP?2A=MWG=F=PJEH>>FAFED?@2BID?WMHMN?FFHLJRAEHKLSUBBH=I;M=DUJ?:BJEPBECQLHLPDMJ:?J?>@FEA:@HFGLAIEIA=DF>=:EMARBFGJ=3>JCFDD6@D30@H58K;><2<9BC;?@A9=>C?>G<==8G5=HD9;B1C?;>CB;;2>C<7:G49CB@D;>FEG@;A:>=6@?:8-><7?@9AH<49?=A>@BALLHC<)@DF;A=CAID@9<6??3=K<:D@:9@F@AH=6:95:Q=@48FE=>IFF96=<99.7@:B?B:A?9:B@0>B;2BCHC?==DAB@BA<;?=AK>>>:=JA=+A:6=9;DH;2><4?A9>BFAC9AK>3>C@<=@BA<<-3E;9B+1B:8=8@DC<>A?:9B<899?@?4@C8A:;2<;;A:=?CH;;>CC;>683?-?DAD2:8D<;>?92@F?;0,I4@3;8D4?D::A>C4586:>=<<@;2;7=:D=3C7@:;=<>>??C@C?6G=8=C./?39B==6@DC79A9ABJ?F@<<>;A;69<9C9=EBE?E>A@5G=7>;=C8<>9@@5@47=B?@>@>9>=;<35<.?@:69;:=>:?2@@@A?A48@8;CC2988FC=>9?88=8H?9B4=98E5?C7:=C;919=;;:>56=>05;-4<@=@>1@@B>EG@9:7?<;>EH@@CBA2;8781D<=@:;537CEB7ACAGB9:9BC9EC;:;9@,6??D2??AAEDB:A9768;?AA6ACC=;D?+B:=186@9A=8:>?A?DB;=@<8=.AA7G?==?D;<9?<8><6::1IAD>HE@C?L7B97I=@=?=<9;:D<@:@:=G9CF;@@D?E>?24<=H9@BA>B?GB?=9DD@AE=9B=?G=8;D@<@CGAE?=B*6>=><>>E8G>?BB0+F@CB@?=C0?;4A>@;?FI@5=7<=FCCCGGNCA=?G;M@BF5=DBB<:G@GIA9?C:@E<5>=H?@2>9IGB5AC?;9>BH1C;=<@C@B<:AICD;;AH::J@3C@E;;F::C=A?>BC1HC?6FQ>GDEM;C?C;AB<>AIJCJ:?@AGAPTGFG>SJBA>2@4?=>EL:HN=?AJIDCNIHg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a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`G>MDE?DMFnCGSJXIA5Fb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c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e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dLMLJSCH>FMJd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bGHAA:8EJAGBC?DC:BG@>?G@AAE=BHDG@6FGC<;ANMCAK@CU=ABE>FQJBMF>C;BDKG2?28AMHEHEBH@?TCHENEEAFLAPICHF2LGGQ?7KMMEOPb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r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c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a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j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`B8CKFJDC?Y7AJPOINDLH/KM`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f<>CF@WVH/FI@ENF;@IM`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i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~HKI=MIEaCTJ1CKNX[MFIJ8=P??HHCGEMLF@=BFGk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k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b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bIPQELEMAPZH3DKHIW?@HPN3VGDIE??Ah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b@DPSFBa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d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b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cB1Oc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`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qQ?U@6FCDANNA0a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a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a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d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v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`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tAP[88W>@5L;@==Iq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`VABBG?BCB?BJN>=@BB7>6MBAJ7=H@AKFBP;C6@AB@9KB@;32D@GAHAAE7=7>B?3?.E?CD?EMO;9?=IF=A@BHI<5<)AC=6?;CA?:J14/IUA:>C9BP>;5@H==J=A+KJ@DH<==@I<;K5KC9BCA=EAB>M8H?I>E?>@?D:?D;<@:A<>=>=4B9>DC157B7B>ACGIJD;BAC6=73KCCG?76AE?:;CAC;DB>E@@=??LB@-G=@<507HG32>;=7I>MA89>?19AD@;@6;5;56?DBA?BG8??<>@?D>?>:;AC@AG>==52@8A<>;=35;25=DA@A,;=;@B=7<=>;D:><:;<:5B8<@>*=5/48F21<*AA;EE0?A@JD=-@A0=421FHE?@A4A;,@>8:997CB;A5:3=D?<74B-/B8?D=):<02>5%:7:;?6?9H1;?>ABA245?>@>>@5C7;?@A@>07;=>BB88*:5<13A=8:557=98?(+?:B1F:2;/;B:=@ABB5A?:8?'/<:EC=A@+4>/*<3;?7>>:A;A7;>8<5C6:78;EA>;DD@D;-CC8?;;:1=8;F9@;699BF>;C007==9@>=<;=::GC>=@?>;>>D976:E;3BE7;;A8)=7?>5D5AC>?B@6CAA?>BB5A@CC9C6E6=+.7?@::E7>:<D?B6:A?>E=<>G7AB98F8E55=FB=H32=CJJ;:>F:C@?>318>4G5-?E?AHBEA/B6<:;9<,B5>CA<0D:F?FDAA@<@A>DG?GF@65>B/677?H=@AHJ2KD95@DCAJ>BB:5E@D4;7:C;CCM6D?9HA9D@H@@=LAJ;7CJ=JTR>@D?I3FDHBC?B0IKB?B5=HNMHB3>GK7AKC4AB>=YTICAJ;T@?CJFMHHB:a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e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c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aPMEQFLRIGFFGOKEJKJK>D;HOg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d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eNUU?SPIJ@HJIELF?LLEK=IK8>;GKKK6MBCS`4=<@<>:?>JLPCOB@AM8?5B>>IIEGDMGKHLNELOTQMLH8PPID5FdES@7A@DGE@@>E[@ECDMNFQWG?<<@0M8?:HICGEKRHI=NG9IYSFVH?OL>N@JGKH\F>OD;?<=p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`TRQW?[CDRGFUPFDEENHB?DKO=P>MB@F^b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a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`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e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`ED>KD4E=H@G>JBCSAHECB<9A@DME>DJ9?5BD7NEGJ9C02@>?EDA;K?@?E=>;;9@JGA?=CAC=DAFDEEEK>4FEJDDIH@A=?H06<>/?=/D=8C:;BE<;=E1G=B9LG4;>I8F?E>19?DA0.77FBEEEDA;F@2(@EK3AFAB>CA91B@93GD?;:KB./@?;A9>EF9?BC3?B?>:<=ADA?A=;EDND?<96=A97HC5>B@CA?=EB;G;?9?0?E><68D?>0=7HAB>:HA7EI?>9@>;B3==8G1?CDA6??@H@7<(FDA1;6@D6;=BB@,8B?D:=<>C?:E7@@=A@B9*?4@H:ABJ8>,AE4A*=E=D.=7?CC:7DDA?>=9:>=<8D1B828=@?B<9>B@FHCC:/?:=BC@9DDB>62<9F+?D561??'6FG68/EB498:2!=6@==7@>C=A?6?7.E?=<@36<1C>;@FDG>DA<9@67;6.=E;=B<96>=CF49C9C;;5G>:;@>F=:7=D<@8CCD=E;@@B0>F==E:>A:B6F<=;B0J@8?<5>?>IG;A0&=8?26<<;B:4:8@5AD@?F?>;CB84<,1ABD><<<==?B62::B?A?7@A=9?47G:4H4<>5>>A1:C?F<=>=9I=7BC?@BB85E<4::<>75:8D<1@AB9C@C;@@D:?:AF@5:ED9=.B=?=B:523:EE3F1AC%F9HC7A<@AD5791:B@99AA24BBCE@>E=:@>E4BBJ;9I:=9?>F(5C<68B05C:>>>;8EI=KJ=GF3K>FLK,;ECFE>E@?=F=BH4>B=;5EGC;JCHGBC;KBDJ@D8:CULE<>34BFDJE7H8EQAGLKCBG4J?DFEKB=9DGIG8>U@>ANCGDIHLH=??;@MFMJGCBD;BC8B@992D<@A<@C6??>?@?EF==FE5:7B;C<0=@@NJMI7LA@DCWH-HVH?:HRLIMMEJG2HJ;T:H:@CBG??F369;9<18?DAE?=@CH<;5BE:=B3A<;?BA5:F50>B=BACF:A=>:@J=A:D<>>CD?E8BKIBG4/C87@5HC>B1F3DOFB;9>7F8;IB3F0CKLFAK;<8>5=?,.@>DE=@CB?1A3>7=F7J@J=9@@:JAA2:?;>?B:=>>A0:=?D47-KA:?<5=C>@>=BI3#?A@B7:==FJB7D:;:.==A8@;D@?;A;>B<=D0=<7>:B;7AC?9>7@?D>F@F=9AA;@6C?A<@=6D4>>>7F?@H2?:?7?A2CA<6=9B=>:D36?7@I@>E?7?D@;:AAF;B@B:><>H9@9>FFB:>?::?04:85F=>:.>:975/>=8@BDCJAA;@?D>AA:>A4,9??@A=:=AA77<;:2B8:8BB8B9<4=C==12:>4C76FCB:>;>@@92:=;>B0==769B7?I;6<:C5??C?8>@BB@<8>=?B<=F@96:ICB=;<=@<9E0?D8;=A>?:>67>3:08E8D42>=J=@><@C?AC193A3>;8=8?=AB@G@H7>@A=>8:I>,7F;7C@63A<:97;2==5IB9E.C;6=G26;?;?C:703:6=5>@<@9J;E4;?7&2?>685E.:BC?87C7@9.@=4BD@D=FA?J?4<CB>=?=347:3E@;>D+?:<-:;86I>E8CGC8>J:946BDB@I>+QE>54CA5:D9A>A3>5/=FDDE3H060=HD9A;C@:CEBABB:D97LHE<>HC@CG95C@B40E46J==BB=@DB:B4A@E@24@BED<1F7G3;4>E<@CBA7<@EG>>HH=6@M7E3A@CBA1F;>?9A@EAF6CAIFJ>>;LAHAC6?GILBEA;F8BJ:B9GFAIFJHH?A>KEC:AJGRL=C;KBI8,>8D8BCDADHIGB7JAJG@A@P4ECQ=9<@;<@B<64AL@B=A@YL8DIJR?IIL@L>FH>BFKSPJLLBAQ>HBODA9G>=EDEDC7GNDK;==F?PLHEEMFGH:IECMFWOR3@C=FBEHCN9@A7<>>LE5BAPK4=H:CEDDF9D9;?2B=AABNB=B>=EHABE@4;BB9BA=?A@@JEBAEA@5KD?F?A=?FBD:@IBB68CE7J<5;@;EADB7Q8D;@DNKC5F4BCNCBIC@B:G0B?F@A=@BNCBCFB2CCGCCCA:CHB.;BGA>E:C>9EA?D8MCA9@I<@KEGBB:81>.2;>==>2B/>F7F7@BB<7CD>4F<:C6=DB>@=B;=D8A>*:??:<3DDDA>C=<@9:DAIEA0<5?=B>6<5HF96D;<>>9P@?+D/@7@A-<@@-CA17=+HM?CE1<2;57E3:/7@A>E0>A0F>@C>I?FCC@??787B9E<=D@:>AC==<D-C1:=H@B?<7<=?@==><=8?7DC=B=@2BEA>@C14DBA?@<58<>:=;@FD@==29I1:.6@8?7>5;9=@<@,?@72<6J9AAA5E@8=?#CB86GEC<@:=A=?>=4F?B=>C0@DC?6=E;8@;=:HBE;9@3:CG;CAGH@7;?=G>8?:=?>A15>DAA?>1<0376B9<$>67?=A=8G?6A;<,4;<;@;9@:5B2164@6C>D8BB9?5?9;@;G9>B?@:?;49B==;6F8C34>H;/G??@D<36?<:20<4:EDC@H;=8@1;5:<>C:E5=B69A8:;DF=;>F;B=6,@;9=BH=?/;@4BH;>C;6->>G<6<>@:;77<1A;>?CA=8H?BA4?CA:AB=328@=7C?0@9=8@E53DB:?E<@=C:;D=AE5=;2@@B;9@?D:;8BEBA49CEAEE>:B??<:@:=6=D?G@CHB:FDFL=?B3:7A=?IDF7<8?<;=A5>@?89>8C?H:FA)>C@;CFHBBA>B7=A;=>F;;C<@D-7?E5>BD=;>@BB??A5AA>8A91@N:6C8;=6ECB?88BC@HDHC?G>A.59D>21CGCJGDAE>566B587<9J?@C?A@H8J==DDBIMKFHGAAABE?GDHL>H;IFE>LG9=EFGDFDB=8@C\Q4CJG[;C2B@M?C8IWD=BLb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d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`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`DFFH:@KKDBE:CCAHA=DLF=AMJGJH@GCCKD:@@7IIB<>H@DGEEHGA7ECCAH?@EFG;RC8IFACCHL?B=KSPCAKI@FB?JI:DB8LIOGE8lCAEAEILKUGJGJLCCG:@DABJ:?@GNO=CG=D=H;FLJNOTD@GA9>MJ=;EDVO8I6EOAKH>DL=C-A=EK6;>?GD7>7A?EFENJ=LF>IE8:F>9F9A>@e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`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a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`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`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c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i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gHIMFDCOBA?98B?PEKNCWKDJROG?ABH=FDEB?IOHA?>BKPIJMM;IED?N7KP<;J5I8DAM?>DF;JJA?@?AIBHBDHPFO>C=@DK::5IA78>BFEJE9LP@?;>C?G?D@HB;A8BI=@BEIGD@9>L?LP>=CF9=J67A:=FC@D@C>=G5HDD?:@@CBFHABKECERH=>>=?FBI?B=>H-AHF;8B=6<796C>>C..4?<7>@BCC2<@?33@:<3BD>)55C49=@C?;@:4C=-:=60:DFG<=;25;GAD:7@8@=BFCAA8>B=7=C?87EGC@:HB94F/H<>932<)???::D7;A=E@;H5C<@@=8;9<>5@>;BCCA<@.3;<8::BA4C05B@?=?CC7;B3@C??:@E?8?:C5A:&B<=E>><%A0B5>@AG'K6ABEB<;7>?A;AEJDD:6A?->>D=8B98?D8A/@CB53BDB:3:<>B=FJ;;I=@;>:CA=I<9FD;DA:A;?D9ABB@/A8<;;>@1;D;>G?;8?@C=?;7=B7"?:9)-D;6?:B;@8A@AEA9;A999;8K:A:B3:B8=>AF@>HC?>@7?AA<<>?4;<.ABA?G=2?><9?5C3D:?B8/0?@9DCF<>F@B==>?AH::9<8C@47HB9BC=FA@D5D;A>8<:A8CB-EE6BQ9H@;,H?:F=B>6D6IBBB=BAB2@69-FE@8@F?<=9;AP;?8:G@34==BA:5=5GAD<(@ADC?;K<383CRC===ABFCC4A9?B9D@ACACABAA:B5CE>J>46@<;51G6?CH3B>A/@4C59;>A'A/=F8HDB@GGEIGIJ3C<@E:>;?ACBDBG<@B6KBDE=EG6=ADFFJK4FFE?D==OLHJFC8EA@E6ILEFBCNJ3FMUPIB7JA77L?>E?IBIHF5:=LL@7>BG>4H@FEBICG78;N9GB>DKBG>F@2C;AGNPEW@;V;A?=DKJA4AFEIF9FDK@KNUEGKCN>G?EJCD7ZC>ACMNDJBB>RHC?LKE?;>@O=JPZH@DDCKWIJ=FJF?NU9HJ@FKEB?QLMEGRIA6J>KI>JCLIJFBAKRLFJILI-EJDNACJEJP=>CIC6DCUDM@DLL>;U]HD9JHCF;;IGF92HBE8@;E9C=8@B7DGC9CDA69@><163EKDGK6E9BF<9>MEC?DD>CK@B@J>GE@AO>D??7G5:??N@NE78DA9;=B>GKDS6C@=HA?;??D:?DD@D2=;<<8DB:7<9?DGA>:C>IA:HI?A:@@CH?A==3=DC>5GF??EAD>HAGBB@=1AB@H>;:4C:AB=?6?F=BDF7.$9>=?7DBCCAA?;8D<6B:D$?KD?C3E9;D6EA=;8F<<,6A7>>AB-BJ=@;A:FD>;BI>=FE?B?K>@D@BC478?;9BAGC8D6B9BC:@@>FBA=B??;C7ACBC:?>9G9D@<>B8C@159?BC8E?=@>B=08C@D@B?;C;>;2FDD@;4:CADA;>FA=;9;<;75EG:=69BCDB?5>A@@AL:C@E=8>A9A:B@B8A=A?9>C@?E<3>.I6,?9>>@8:<:9@D@=>A=:>A852<:,0C8;48+?68.>5:<:>A>?;C1E4AGE;4D@@D>8=I4;6)5C<>?@:5@@:6=9>;@8?>>3;><9:E54A:@@9<D5?>88>?=9>M82;7;-G3;><7:=;<>?;@HA3=6?1@;DDAE@C9IC4@:8?>;CAA>>;JG/D;F=AIA:E:?8A98AAI00@BGAFBG:?C@>58FB:.;BH93;9CB;;8-3;;6CC877AC@BE;?@=<99<=;@A-=4>;==E7BDD>B8E8DE;GB57A*;E??>2?<Q9AG@EE@CA7FL=EC@CB9;LGF8E?2A8@G1ALF<2AEIPBCFBHFHD76C=DFB<>@@?18=CCDL@K8:;A97@<7=7DC=ABF>C87NL:=DFG9MS1?3<>AEGC9?HGF?NHENKGF=BKHQEGDHDB;EN=@GRFGACDGXE8DQWVK?FDA5G?LKTP8MM=FEKLGHE?JAC?IK?MHM9?HTF7L?M4HFB?FHECLRZBIRJIHDEF>ONCCHEHFB:KTQQ;IGLRDMDD?<;GTLKGWSP;GV=P@HKWKDFAIHKTDHOREFEL=FMHAIAE:CA9BD9@AA?BITG@NL7BFA;F>=JEI8J;ICEVDDC6D84A@=ADEIH8;BB=BJHCDEJHIK?L?:?1(>=FC;?C5AF@EJ;DAR???:LA>EM?C?GD>AOB>C;8FF*A?L?C5B>:C;=B@NA>KUEFH>?J6>;8A?GD=4>DKCACD;FGB8IF>G@C:0BLG@@<KEC=?5K@?>.D@@@B:><6BBH?;D?@D?<=?;7?IDA5DHA=6:EA/<6DB>?95A@@DC@A8>C:?H>B>BFCCJB8<=0>@@4C<9?GA<23DC<@A=5F5>8BDC9@D?BEF<;?:B9,*=8G6BD>@F8BC??E7CE:61@<<@G?@A;B2G?=:>C@A>4:D2G<:9B8@AA:8N=;=E@>:>E@4@;7:99@9J9G=??<859C.7FE7>>69<@@EA?<8<@::D>:D<943HA6?@7@<==C;8DD+6EA:BG?>DC9<<>>@?8:@7;F96:HA>4B=F>?A88>=<;;F/0<:AL99;927.;>939>->A?372@78;*79<;N9:;B:9B>6;BE;>E95@32:<0ED@-E@6/.7@5C9=92>,02=:9-3A:?F6::=7<>?;>;:EB5693<@C;>1<;6@D?@D:@1D:H?F9?@D3B7:<;G?;>;?C=:D:A1?F9A::D:9B<=5@B>:A;7BAA2?L+?8:@9>91CB3=?=@<@;.8:@9+49.3B59>D6;,1A>:C;:<=,AC?BI>H>>A@67;>=?>=;;JF=@3;?GABBI6AAF@@BC><:@E?HA;=@A@8F=@D>:?83:4860DC;>;G:6J978*<1?D>B7AAE7A<>=@ECJI@EBI@C?7B5L><=IE+=?H>@EO?JJ49ABCC>AD@HDAED6BDBHKAAB@9;HMA=59:><<=D:73@CA;DH?I1?>F7A<7D-@HN;BDAC@BD@9=GK5AA4DC7I8@C@?>G=?;B@7B><6@:@>M9CEC@EJDE9?.55@FFABJSEBCGLC<2CCFJC;@I@H;BAFEP>DJP6JHML6OC9:OMXCFBCE?KM:@EFRADVJA/HF:J;AQ25:CKNNQBFE?;IC=LX9FGN?8CG9C@:BK9O7D>?ILLC16G<1G6C:4EH9?B>C;F:A7BPA>ACFB?8L;B>9BA6DD?>@A?B@H/CA5DGB=>E7;+4BE@@<=B;DBM+>>D-EC@4E155CACBC>H<=C=EG,?@E0HH5GJ?9HA@G8GD;=B;:4;GL<@A9?L:5ACG@?C8E=CQ<@@BE=B>D;<67E;8G?3352?G@H<<=A><:FAE>9>@FF6<6FE=?;@A=0C=D<=CG:FD@?A:AI8?CDA>@64DEB;7<5?D6BC6@8A@691J5D9;:77@DB>@7B?A4B5A@B?D8==KAF?9=89*?6C:A?8>9>@:>3>A2L3C8B:=@FGH;>6D?>A8I0@84CE99:C>A=3>/9KC;A@C6F??E6IF=7?==>::3A;7?A7<3=3>?BB38>9:9=>5@3:CA:>;>5B?;@B=97DB:7?BA8<::4C:C>@=?<<>4=?=:1>>1;:581<;;6==?=F9@7=;?A898A@=E>5BD8=8M?;D1G8C=4A>=<9@;=80:C1@;09DC<>G>46?:B<::A=<:C>A9@@8A>C9C;<>?9<;DDBA@F@:?=>CB=B973;;?:F6@>AC8E@:>FEFG=@18=@?@G2>AE=C:4AIB;BB7A>:>@E=??;@6C9>6CF:=1?AJ;>><>5315C@?@?=D=@3A;E;AA7:4*CGA?AK<::BI3,:?;F?>;@=>9A?77@A6B=97AF@>E?DDAD9?CCBB>CB3=@1=F=:?97;9;;E;;B5=EA;?KL8CFQE=HFHE@=MX3RI?@FCO?@3?9ECOHKAOFND;BHBD@GGINQOW;PG:>ICNCF5CAKH=GBI7H6KIM:PFA[F:PGAEHENHGGKIIB;CZDMJBF@?IJEH>6?=CBODRMB9OCQCDKGKH7?EB>ZNDPNCRXQGJBFI8A=>FQUSLFNEOFLTJHCQGFEIHJDHFOK:B/FLS>FJHK?CLRUFKCKLIJ:A,7=?GQ::FNKCO4BG:DOEB9DFC??DA;IIC59)3@=6ACB2AE??L>CH=;5A;4;B67?6BI:=8HL?0/FRFLEA@E8?EE9=>743H=C?:8?47A;?FBBIB,5GJ.=<:A;FB<7G>B3A7EL.LAGMBEF2B:CIFKHA/;1/C:?FD=DBCGBDDHCA?5:E9DH:>EC=9A99>E=F2G=>HA>A;BADA@3=@L:EB/CD>BDCCACCH=;G6>A=<7F?E9AFAG>8?C@CEG8FBC;8>D?;<;>8DHHCAF?F9B:I=>J:8B9DC:BA@HCG<>F:G@C;G9AB?3A?D=6AD2=4=EAE:3CE4C<>@;B2,G7CH6?<6<49ED:=A>?9<@@>BE:>B=56?ADCC/:;DC@AB?>8>;A0C8D;B8;:7>32:85C?2@9A:;:A1E=K:5B?83AD83?12?.B?@0:=269)7E@B?6:9B7F2@D7CH2;5>5F:;@'4C6?<68<6AGE<=8?CB=1H??>D6;H?<58A4AB<8EA@>;==IH>2>A?C@:D@C7=C7@>3;;@6AH>=@GHC558AB4A;C;4?7@7J6D?I?1>88D8?8EA85<67GCA?@B:C>3<>8=>78>B529DDA==CB?4<2H1?6EA;EBBE7B@E@:6;B>=1?6>AE0==;92?>FH??@CC<=B:J<99D5A4C6ABLC@F>9H1I?>F9AKBH@KC8B5@F/(9?>3A5:@:.F;?IN:4?HCC@BILCC1F8>EHGBA@;J;85C=F5;=1<=7BTF@@;==@=9C6D4=IA0
FK>6A@CF4@7/HHCCBJEPIEFIHLJK3@KC;45AD>LKDPJAKC:A;;E>?NN>C2@KBA;HNB>AJLADIR6GKFK:=?>?GI=I;EBCLFLCPB:FI>B=K;GB>?=FCE8@@B@C96JIQBFJ@PC:H1L;OEPUKO|KFORF=GNNTHOFDC;D>JGDDKDABEA5>E5AFH@5BCDC7>S8OA;BDDFE8M@5@:F?CF6BFJEBA>:3;=;BE?=;ECC>:=4?6GR>4D@?D/DE3;@ECBCH@D?B2=7E9AIC@3GABG6=AHM@G,8>JE253==3J>DH:FA@83A<@7LDE9@6GRC9G@CADA18@HI:<37A@=FC=DAG?5;4:GL46DA@CE>@AIE@9:HJ5<@9:B=9.9BEKKHD6C>>J=@:CA?@>AK7B@7?;>>?E:HA92@=FCDGD<;G?D:CDAEH8=F=B8AGKA>>E:9;B48D>GBDFG?BGKBA?F9@DMBA9IDA5=HD-E3@BJ=@K>;DBAA?>D:H:=?GAE@D@=CG6A;HC8608BGDJF8BA=5A634==8?BC;34==?A@;A?8AA0AA>F;9>;@+CC:?DI:@,8@@9;/>=@B=9=07GD;98D>07B@E;7<>@?9A@D64=>:C6@C;,;?<6@37>64;8=D@9==3:@>H7659C8A;;39C;>H6@<41B'I>6;8;1,9G=<668>E?B?>=.AJ>A;?@?9D2A6:=A;;?75BC;@D<>B><==77<=@6C>49??36;?@@1?9>GA?H<8?I9D?D>@E8><<@EB=@18;8?;A>3;??;<(>C;38AE?=:>4@@<8?BCA:?;<>CB=5:4;5E?@>;:8HE?>D<5;<=BDDF50:26C>;8B/@6==7?CED1?@A>D=>99;I;?>;=DOBF75C8@@=A79?B64A>:<:>6>>6;FAG?A<8BBOA:>:3BC?3@DIA;?I@B@;C66/?@EK?E:B9F;94<=DKB:?9CF>>922HD?908:5H1:=BI=FG>>DB?:ECLECCA:GF=?7B1;F@E=>AGB3@>SI?:G<@@@@DB@A<6AB7AIAHJ<<>EP=A@6=D@AFCG@D5K@E7=5RLPMK;IFJKVBKNMZO?CGgLL7GXAEDTCHG=G@GOIR?;MA=RDMBCF@7PN]`QCLH\DALC?QRO?@HNBFDNI>>@@=BALHLMHW`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aGF>@?BHFIC;?BFC><:BCB5FMG?;H3FCA>CCFE@IDGG/UE5K5DGD=@MB=2GAGGIFE=?F>?S<OFQYVHHNHEDBGJAFEU:@;0BD@GGPEBJ8GE8BI;9BJ=ABOHNFJIG>BNEHL8CSEPL8HBICEP8>CHLOM;:HW?NKNHM>=CAHYTBLHWCGEGFGEHWo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{{sYQJEECDDHC8JA;j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b˜ÿÿÿ•d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jÿÿÿÿÿ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cCEEBA;FG6/@>@;=E:D=AH>9?@C4A=I6FBAEEE6@DJ;FH@(?A;95=:@?I:=;6:?7EA=FGF7A@J:=?37FL=IICHHGCD5BFGEBA;7=7IJA?FAC;>4F@@6E;=?@:>:J4B>FCGD?;C?@27EL9JELEKD:;QLLK@I99HIXŠÿÿÿÿÿÈf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—ÿÿÿÿÿš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a:GH@<15?DC?GF?JH47=F3G?7C8KOJNFCGG?A]tÿÿÿÿö_IH8GFF:GF=F@U=LN:DEJFLMMGIFL:OTEDAC>HLINR9E8SEHKKB?6@ODJ6NLSFeYG9FGRCEK;FDCXHGLI;UCGHDIEEHHPQLG=EGIELGEO4HHMFFIFCLPC?HTA=5A>IA=HFMCPJBH2CD>=@EH@CFAOPB5BF7JAL;Jf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¤ÿÿÃuKZIA@G4B8=8>CCFG=QX:7G6?K>@JLDHIUVOT?NHB>XM?19BFPBMDGDAB:EHL8U`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ty`_JOFEEBT06?JFBKAFA8HJB4@;CMFEIA6:JJHLGVEALMDHDVNEDIZMC:OBXOMHBLFU=@RISSb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dCV>GEJ@MMMDI@C@NEG;H?F7SGFG=IDLQOBOW>B=B?ACEE;+FGL=9KOKFEFK?F=ZGAK>SDM5`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`?H@D>KSDOR?CJA;>8TA>L5>>9KNLFULQRJHC/F>XDIPHLFBB=NHDHBED2D20M8-G;G>9HDD?>@5?<<=4>H>=7@QC<=>CG:?><297>BEA0@GJ+EAFJE8>B87C>D9B?;@CBE1=1:3ER@58FB:IA6:O4B7>-D9G?<:9E5>BH?o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b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h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dL:B?>FOOZGHEcJOKED@SLLENEYe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e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b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b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`WJOLGNDOJENLNNMHTIP?N?7MG>SGWF@D3ROCAE=BLWAHMN?37PJE:FRPOEFILLJFA?FGYO:@EF(7;LPCL>:@KH?;D>BHOJILRL9IHK@BCFCJDACQGM;:;MDL>:L9;=:<@>D8DB;;?A29

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fNQKKVW?@G?OI@IOC=JK^@B@ADOE>B?4

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c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f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mpd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jDJ<.;KECIE3H=Y@9;?JH;@F@C9QADB<@5GCIC@LDF@KEIKL;JPNB7A/?JFE>EIFI<9Mq¥Án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Öÿÿu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lEKMELF=:>GE<>BDHIF:C4GK8=8YPRMIPMRAP1C>FLVHJPJ\SI>POPIGE=FLE:OG=IIIIHCE;QJE?B@GV@;H@BGG0LXPP`¨îÿÿ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b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z¼t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h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`GP<:>@EFF=VGIRBADAC5SOLKBKK\J==TN>@G@@KMTCGQAAK?OFD+HIHHCPXJIF9LTKIJL=CG@C?4Ee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eNBEF@KHMQQCHGS>;NIBEBA>JJfGANK1>F@9M;8DKKCEEL<4JHK.I>DG?KKMOTEBTTD>2SGJC=N>FNDIIAC=FLNAODRTGACGFD=BFBCEFBECCFC;G<6AII>:8DG>AE4@2G?>>@?>IG=?CE=?BFCOCEE8A5FH8OE=EF@DC><;FFA-=@=DDDFJA@IGA>6>??6A=J?;89B==<7ABC=DEA@FB67BC9C8-@BBA?CB7ABKCCFE4D=;2CFCA@AA7;H@AK3DD?@F4>CC?=BF?=3CE2=2??KH=G3AEELK>6@CAG>/J<>2A;)A/CB?DJ?CE?D=B4>K&A2BF/6HD;>B=@9K:>CACCJ8?:?K:I:?>8B>/<;I;D@<@D>CCCC>B==F?4A8F929KHBB?@6>0BECGF?HIBIA:;9D@>BCP@C>ME>?>E@BN@B=>??BHAD8<+9>A@?ABFKB8BGE:@7KEL=?F6:@BJ;B9D=E>A:$DGFG<<9G=AGE66DCBE?@E@BC@?C<18@>?6D8:BB3>7A=0E:?08@A:KJ;4FH6=FF5=A66CD:9C?4B>A5>?<9A3:8DGE>C9=7DBCH<=>5AAB>=3=5897:@8?C8>?D:67A>0:<1>>;D>ABA?9@7>??D?:A?74/A1>:>;0FB>;G9??BB-9=A7E5AF6CB?=D;.8B=>F;A@;:C<8CA@<<;B;>D2?F6F6)>@C4/>E:<=6?AHCB9;IA8@@>D??<3B7F9DC;4>@@I??A<@ABB=@==DB>CH83KH;C@?;;EC=?AB?B9C8==N=FD;>>D8;D@9A??GDC88A?F:A2>HHDAEGD4@2:=8:BC3@B:>>ACBGCID=BGB1AAAC@8>MFGGJJ=>>C?F;5FB;@CF8BGDAABAL2KCHE5C7<;@?DDA>C::;CB?;=9BK>?E=DH>IH>-CDGDEED:CA5I=9B=CCD?D;7?>GF2@@GABA7@ADACGG<:C9?9F9BD@CIa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`ECQBKE@M==DPM;IM4FFH;B@Q2LPFPL;P@K>@>CDC?@3CIJ@MBC@ECEJ:9EDB<9IM:5@?CCEE7=PDCDHEEC><>@;F>GG5E94:G@BGGDACJ<=G@FHB@@D?CGB<=BBAHGEBFFD5?:ELE9D0CAD@@F>>B;BN=D9<9@27<@B9D;?>==CB:;B5E=@A5@?BB<=9E69FF59E6:2?F?8@C1>D=47235D>AD?B75B9GAEE:?CF+8@@<<7A@JC@A@916IJ4I?7B:CE8B:64.C57@8E6F29A;@@/2/6.F:8?0=CE:A8I727:B:G;GG7;B9.0=I>D=6?D:EC>940=D<;>9C+8A>@>98>=@>7>E6JD;=EE;B@@=84;:H6J>3;><6AAE><44<;8B-5:?@6B7A:::B@?A2<:EDCA?6=7>:;F@;A@:>@B:6>8ABBABEA6@:E@,@:>:<=D9D7=CDG@9=???9=B<@8>7>BC;@*B;:=7;>BBA=BA3DEG@<6@@B7AAFDFK;FJECII=5>D8ACDG:<@:GC@<:I/9?A?CBD=B>1D@<@G3F-A;@/4<9??I3A9FDA>BC>>8B?J?@@;EB;:4?D?=D>BEB@AA9F?D?=?A;:I5B@AC?DC9<=AFH>B;E>828CC6<:7DGD9==0&@=F;@=>4G?CB>GEK)6MJH3:HB@;C>L>ED>LN=DDA8E?:LACEGZ>CCNNCLQBE9;GGAC<=HBNH?GF@BB8S?B+;5HOHQFHHHHLREAHGJHHKBNJGMGI=9KSBCC9WPFP:AILK8>UHDA>NB?CEJRD?TKJB:FH:=>ACTGKNWMBKBEFB45D@3DJUB89HTA>B6<7D<>6MGKCFA?AO8BFBCCEGW2NBAE>:BLJ5F>B.6:6IHEA@>B=A;@5>5OA?A;:ABHH:6CEECFK?>AFFGL@CCEADE8==FI=;F6E10AA<@BAAB=7E@=D<=A@6FGNS>=4JKB?FE0B9BE>A=C>?H=@::CD?6A7<3AC@=8ABG<0CKF;<+?B<>?.=A?BB>?96D9F<;9@6C<;F=ACBC2?03:=A:9??=I.>?@D7?A>CHF6I:D@A7>B@A>CBE4AG>?;@@-M3@I8=)@0)H>>D8CC>7F;C@7B>81?6BEA7:GCCH>A>-:=IM<;A?<2BHG7E?A<;FCG?6D?>==7?D8>BA-CA5GB>5B0>$;5<9<:=B=@=<8;?A?A5=7;<53AF?>C71F-B1B;7@C>B;9?DE6A0>7A=4A0>8A9A;=>DF;;KDH4AA8?@A;EF>>DB=6AA:7A?>C8?C9A:FI5>ABBBJB;;>>7>;DBA>DD;:<5BCE?6=<<>9A;6<>@CD9A5=H?7CD@=C==H:HIGNCE9E:@>?;88F>D2F>89B/G>@N=:G?=BH@@9D@88D@>DDFD@H2@C8=?>>;EEA:><9G:>ABGI8DA@8H66>C=:;>8ACAEGBF@LB>E?<9178>;A;J96GEB@FH1>S7:=G;AMIFF9?>FGK;?C:?MB;?=BHC9BGFHA;HC=GDG@=>FC@>GLG?>CBFA=O°t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¼°QJLF=DC@F3?HF@AEJKFQH>ASI>ID>H:NM<70FCFD8EKJHG7B?K>CMB?@HBHIIL>ILXGJD7FGJER=SFAFQJWKODFGHD@>A=?HGCI@GMJaDB=DIBEJIO:EJCO=JVEJDB:KT=@Q4R:>HKK@;6?D:?GJR0AF??DA>C549<@>?>*FA+F=6AD7F?2>8>CJ?CCE>?;H>:C?>>9D2;?799NA1AGGD@.C195;AA@@?BBD6G:G@A??:=>=0?FAA?D<;A66C;=,C?=AB>CCD;:B-8M:5>D-AG@B5A??A7AA=?<>BG49F4@H?><;E;FA=8?8G:>9B@>CG;AB9B<,D?ED=A<==:=9KC@GF>GC8C?8B?A=@@;4:?C=N=3A=G=?;=C:=DI+I-=15GA8;3FLAB?===:86:IC;8F2A?B;2=FBG=-E<=@:;0H><3@2=BFE7@EAF<<0@C?JD1H@5B5CDD@B;@=6?4D>3=9;ECA<:7F?>BABD7=C4C+C6B>@;=<8?CC2?===@DA@?:A49D@@:DM:;;C:>@==K>?=C@:G?29=?=9??F>C9;?<>798;=<=>?$>=BF<<;9C8AC7B-@48D?B<;;@09<=@?>C:B;=FC5=;B-;=8.8>?;36'E08?;A78=39;>:=>98/D@6:>3?3>=H?@E:A@L?2C4<>68=C===8A>?A<<>D>8>9:=CED?=>:8;;F:8GH6>C>I:;C;<<9?=@3@8?6>C:<8;<<;8@@/:;?<@>?;A@852@?>D4>B;:==?DD??@;A:CDD::DBB4:BF5<>@:E:?=;;D1=?<;8=DGE<5F2C79=9?=?@>@AK3F;C9B0?E@F5E?FJ5D:;(AC?85B>4@;C:CFE;<0D?B9NC=DFHJE6:=ADEGAE:B>G>74H6:B:EA?:E<>E;@CHJBC?F=DDHHCI;G?B6?E>E?A?@3@C9B@>7E@9GA;7HBNEL;ADIHI8PGIEO;JG;B@@ED;@BHNI7EFFBL>?KGJGMGFFFFNDPA=EBBDJJJJ?GCHKBFAB>GD?D^ELKJ=6:FMDHA>8-;PD;@KC<@>6AC,B:@B>ASOJPSKOFE=O@RAJBe@@ARU@SA;@MM=?IGCMJCKFFFFX?JHB;FKNDCMHJ@>IHFILRM?>DEMCFDBGEFDE?;CAMLLAA=:6=F?QEEE3IOKGNC>E@EHQI@E:F;M@D4BMHi=D:AA??=D<=D=9EAG=CCC>HA8@B=G8:@LADL@,C0E>FK98RKFH(>;1>1=@=ND@<@;E@B:<*F<0D@@DIDP@?C8E4CD>83AMDA:EN9?);B8>C>B:>9D5=G3B<6@G@>94CCC1C8>I@24H:GCC2::=3>8C@=?EAB9DA@6BEA7@>;A@DCF@/@9?DE4BEB0?@H>>LBDJ<=ID:ACDDBE;:;B50@9+=E9;D>@+;=7>C<<<=AA7<;>EDC5CEF>DI5AB=CC??5>B;KE=C>CAC7A87?HG(=2>:CA=8>8B;D?A:C:6;AA>;:J4>5E;>C;;;CB9=E9?=CA4?GG<>41D:?E=I>E>=;9JC@A=@<96=FBA:@;C3E=D?HJCCDD<;@>5;7:2@4:D8;D37?5=<=?9==E1F?:6:1@<@6EDB5;;>>A::?0<2?A>??;C?;?<=?>E9;5==HA?<81G:;A<;D7BD:B65?9==5<<@A7;9?:9<8?==6,AA>;1?7=>/4=4@D?<<>=1JAB0=?=K>>BC77?9/;@6?;>ADCF@<:ADJD?9B>:AD5ABCCD@?A::=2C>D?9==2FA;9GA@7B@DD?:@FA>AD@PAC=G@AC>?ID?GDA.5E@:D>5E?F758?>6G>D8AF:>9<>=C;4=9:>A5@>@ACBAICB>:>9=@F8IC95?E=>1IhUG=C8C4?KFF>?I>>AD?GK?<:HJE@?EAC9IJ=@CC=:<@D@C?@G4DBFDFFM8BIBBAJHHF>2@>9CD@KCBD:L3GMPCMF?E?>A=EPGJDBRRAHND@>AEIF>DC?M;I>6KFED:=MVVLOHDM?J>BKCKBIVB;QXHHNIB`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wi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`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d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n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i?ED9E36D@/FA;BE1=L=B=:??ECBB=;>B>9:D>5HC;AB;=:;CB19>8A9A:H-9AAGCDALA@?BD846;7;B?98<1@3<:DB=87CB1?A@=>C6?;:?4A<8C94;47;(E>>6D?@>1<88=>?91A,6;4@A8;==>BH>A4I60;7BADA6;>374B9B2>H1=B6@;8:=8C;C/>?57AAK786<374:??7@49C>;@9:C<;>>E4HCEF>CFFCFD53;/5CFF>?C?;@G@70;GBCH?=H6:GD;D<=?8@=6A?D:M@75?;9B>=C5;:3E?=D@8BA@A,;6?46HD;9>@?:3DC@?1=>6FBA@?=??4MI;2==?<:??@A928=@E>=?;;:9B?EB8FC>IGA:C>;AH;6:;7BCA>D:<9DIDB>B==E>G7E;EC=D=8I=C@@MJ??>ED7KFG:CDDD>@9A>:??CDJEICH>5=@?GBI?ACL2EFV@@?MAC2A9FHB1E>=FFEEE7AIB@AF;A@EPJ?=X@ELF@BACONEGINIHEA=VFFH?KDLJQ>HCG;ILERMOP=C=EJ@:N:;>@@DKDACJ_HIJ@/M9CCS;?ECIMBHFEIFCHB9AB2CJE6:BKA=BBQIH8BAJIKA?:@J?9FB@GHB=MCBJA@9CR:H6F@-<;QB=>BHG=DICB??7@>B:@>?E>FIDC1:C?=EC>>GBA7BCDGFG>JAKIM5C:C=@B?D?6D@@FJ0B3:GCD9I@/2AM3L5GJ8AI<=@?=;ACH9@B5G??A4>G=CAC8D>@H=>??5B<@1?C8C4<<3A6?=C@A>48<6;AAB6IE0/HGD<5C@FOF@57;2EJ4CI40EEJID<6BG:A4F?<=?;=9>EDH??DECI1H5>4;?DB7L?4C?E?5E3AF=@A,G:??>DC:AFBE:A@=:6C3@=;=;A>>@AE?=C=6A<>BE@BB@MNC@>D:67F<@?I7GABC=C@?FM=<E2)>?EA=B?E?>IB2FC=BC=:>DAH<@77@:E=4><@>.;;9B>?A:;7>@>CC;?2B@:BCC3<>G:IG8DG>6B91B:3C@3>,A:7>@CC<34>BAA;3EB??A-08E>>E9C8K<7>>76;65<<<-9:=D;;;=4=<<2@A;>?7?<:DG:;A:A;99>?7710BAD?>>><<9D=1@?:AC@=?A;?CACAAE7E7EC;AA?G=2789GD>?BB8@)?=?:=;A::EA>>A=5<4:B>>@GDD67C8CC@@@A=A=I;@?5GA?9@:2E>0=ACAF5>?:7==AB:D?883?C@?B9=T=;:8B=E8@?CF>.7JGIDI9<;DB>K;7;<@IE?B6;:;DDBBD6E5==G;:AB0=I<>7>B>AD@FGECF+>E3F958CB<:?19??B@A:EME<93:=H>?>:7:E@>C@E?@>3D9?G75?DK5B7C>CN9FJ@E;?14=?9?AL>4=>BB@=@J@JHJ>9B?FICD@?=:,?G9EF?DLCA,>7>FI:EFDB>E6AB<BCC4DCAKE?AH?@@4EERG>HDGHPB@=EEE@CEDJC?GE7OB>BLK@8J@BT?TEBC=@1<'9:JINOMKHVA@H:A8:M[ABCMHB@OM=HOEJDA;FHGRES?DH3HGM4DDSIC@L:?7=AD@CAA.?;ICCDJ6K?@:@DACABA:J9DJ>;FB;>6B>LJJG@/B:=JKF9>/9AH>DH3ED>EAB?EJ20;>AIAKA@<>M2DC;DFB/984<;I?=9C>B:<8B=B8;EC=HGE<*AB7BH<>8D7??D;D97-9/;C8G7=DE@G=9197>G=CG@4>8EE98A4@4C;B66E6>A=BK;EAC0ECBBD@M=@9><A;E;DGE;BN0<<7AD>GA?BIDM=AFAC:CB@EAH?A7D;B@7E1CB;GLA=@9?C;3>E=BKB=>=B9@E;K5DDC4:C2DCB;;A@@@9F=BG?6/<@AIE>DI<=LD93C@@:?/C9?7>6DDGH<7EA@<=EA8=>E)5H>@?7<:A@ID51;:7AA7B968@BG@59A6<0C7=??JA<@<=@<C<7>,;E>DAC.>8@=H=A>??E=?9G48>D5A?A:A:8G2=B>:>>8AH9@::<78?<9@4@57987F>B:9=>9B:=-D8C=C?97=C48?8?=C?;6>?:I>C575:8CD=4?@HCD4@C;4;>BB.;6B?=>E5;AE<7>=A?A?5C;5?=8IA?BE;?=?F32A9@A?@=-?E;D>@IDDE5CC:BA;H;69@D:<8A9>?;>3DB?15?A?8;?=C6<>620EB8>:E6:8?:><@D;E;G?A;:4K>A;F@5><95:H7<8M8@?CD=8?KBE+GDJAIB4A@)ADG?;A8=@G;>7>;EE7;?FBH>@=97=<8GJFA89CCA2CGC@B=B<:<>C9GF:=9=AO?AK@<>HCCBC@;A6H>A8@2>?IJ:86E>FI>G@@GI?;??<;;=I?8;@II?D<<@HA@7EF;IG?HI?@:@B=>?AIH@J:J<:CBB:>4H=?=>>CEKM;F5HGDC=C=AEEE@>8F;JB7?FDB=M<@FB7@VEFBMJEHNB@HGKGBGLH=NHIF@2CDIBK>KK>CCLNIF?B@CDPRET=LJN7MF&DAEE=CWF9FGH9HA?@B=IOGN=I?DJ@H:C?A?MJCJ?AFHK?=6G>EGBKGCNMLI=NLC7?BAEIDHD?E>I>A>4D0FLJBMF;?AJE@;?9AI@IGH7:@FI4@OI;FFGB5G=;@D078J;5M8BC95H;2FB3@?3?6DB*FI?>;,F4?BAA*KR@>=7P8>>K?@:K2=AD4ED6@7ADD:?:??CH@BA@FDH?@BFK=<@DEL<9@D@E;:8Q>>5;6AFD<CBFA555JA@CB2J?8I<>DB=9H=@AD>DD?A=;@B;OI>::BB?)H?IAEA@DGF67CM@<=AE9H4GEAE95BAE@?DB>CG:B7@DFCB=>D?525@B>BAC@CA=5L<.AAC>B1B@BB9BJ@@;1G?AG9D7I;=GC9I8<>BABEC9IE6=H=?9>>-?H@CQG?B6EC@?E;HG=;2G>7:BE@@51C@AADD@F?6AAF@43FA3;>CD:C9C>@6=6.C23?;:E27>4?;9L=;DAAE=@88B;=4=@8B4?2:8GB9@@=B>D8>D@??EB@A=ADK@?4C?=A>AE5?:7:D>.=?>GA6B<:=7>G:<8?>E@921F6=:*:A6@;:>>B4>3H5D7@@?;0D>5AD7C7?=2<>/>AC<@8E9=3=C6B8D8@4DGF??8?EC;A;=8CCAE8;@7E*;?66F@BC0;599>:?DDF:=CBE@J6C??=@4:DHC=C6??=?DCE?=8:ACD@A<=@7D74B<1>6<BC?D>DE.E;EE>(=:DFA;B;>B=D@AA>1B@:==I8=E@@B>;KF@:<;A@>ID?=E:?@<:G@EHGB8?>5,D@=4JCBGADCAA;EC?C5E>FG5AC<=HGEJEB1KK>5DICE6B=CCCDH7?OF9DFB;CIFD?IA?7?@CD@?;>BED@G@8U8@>7IB?A?:G?;DBBA9:F@D=GF2=@FH>7>E3BEB>BKC??L;OCE@E9C889CA:DHE@B9@D>:HGHDB3CC6H9F=G;9@=@?G?B3DFC;3,D@:G8@M;C@6@A?CNIBFH@MGEFH>B9OE?VGMO4CAE=SAOGAAMOCDMNE9C=ODD:C6T;H9?IJ9MICJJBJ@JA9OEI>8BJIBHNLAD:GD=@D>HIWD=SL7RKQAAC?>ILC>A9;6GAEGCKO>=>B5??JD@AF8=AICG?SC7A<>:JLLC7;E?<2>B<@98257H;JML?><'<;;:EC>C@KD7=L=>8C5ILH8:,B:7??EJ?-DFB:-:98E<>;966,@7?@49KC?>GCD?-5E?BD@>7=>7@=:<=BI7837<:C?E>A9B9O0>@B49N431F7=F8I5=JDH>EB=F=AG?841:;D@>O=><>A=ADEE;?A9AHEE757<@@-<7E2>:F=8>A=H8=;GBFFDB@H;4<=A@FDAEB=E9-@9BE.EC4@6=7DA924:=BBBB@4C=:=<;=0>BCB;8@<:=?E:;M?;:CD@AA,;90CL?C53>2<@C69@B8H9>2@H81:F.4C6AB9>EA4HHA>K?<>HM>1:JC0<;9?+;3H@DFEBE2GDC=C;8G75:EI;DA<=@:B><@A;6>D90)?E>@D67:@59>N>3?9EJ:<3=;=BB@.C<4?40FD>B>3CE=6B;@9C8>=8080>76@=9B>>D:E?B>E??F8@69/?BBB:9@;D)BB8<:;C@HBD=D=C55BDJ4C6B>;?8CE:494B=ACB8C=@7C@;EA6=>AB/@;ADF:-:7DCB@7AD?=@,:7:B;=96?E?:B<1D757?A<6:DA88E@9BB88?ABE<:>?IF2>4?@=:B0GFI>3D1,+H@;@?<5DB@?>C70>IFCBD>I?AAB6=8B<1:A>@A6>9E<>0DC=9@>=;H(;BGD8D@C99@9A;?DCBBC3FAFA=5-@@<G)CB@D>B@?7>E;>HA?C=G=?<9HG;4;?A0D=A:BG/8>=;A8FCFG::8CB>CEE>F5;>EDGEECCHDCH>,=@GB?FBCBHB4CBDC5EA.:CC-9A52E7?>@@CA@BID@CCE?=EAB@BHB2@I;FA;N?B@@;BEBB8C@>EBC?@H93CDCG=?:CH9KHADB?A24FHAKADC>AEBUO?93DF4@=CDHB;A?C:>;EF@<:HD@DGAGE6F9??57D5G@E3:@8@A8GED@@CEG6A:?@IE5CHGG6GB>FJDMBC7F>EI8?IIB?A@A6?@=FB3C:88:?C<2;6@FE7FEF?2IE?A>ACC4EBAE=7EC8HMB:BJE5QB8:?HK;FOF@?DKDHC:G?FOFL=>J.TIFEG>>PQFLE6AEI;HKI@R?===O:AAIOCHGJDJGGA:OF>DTK;HDDLRD8=NIUA?E=NIBOCIEAGA?@B?HNI:EEID?ICC>KMF>>9@:BCC?38FCKDP9P<5DQJHFEBA[CFG?G>DJF5;?FB2B+D<;>HJE9GCC1C;F=?<>HG0E7;D?B;>GABI=>J=A=0>@6?@75?>:DB:@K86>=BG,;K91/AFF:<93:DBDC:4,1IAD:IEI:/8C8:&F@ICCEA?HDDG?AB8A&>3=:;3;C?BEB>BBHFH>+<>@I;E4C/D:4?8>@@;52;BB=32EA229E=E8;62CJ@D8?C8>>F<9BID?JILH>B<@:3AH<59?.>B>*EF6/C5;,CCID-?E;4D>F3=IB66C,H6:D6@BJ-B?>9F5>2;:A8?D97DC2<1I4;?3>=6>>;8>2D*EGD>3@9=CB@4,8FH4=A@>?C+=BA<>6@E9:AE@;EBC>IBE>BED39BBD;498>>I;E@?D;3;31E>B@7=20D4?C998=/5=1F=>1L<=B2:B96E5C?A>F;4=BIB.?C;IE0L2J993:CE6>FB.F=@6?AF*D>C9@C=9F<:@4BB@D>@IEF::5A:HEIB=?@E.4AA@J/5MG?FE<87CG=?6A=5F?C?7DAAG>=0AF:DBAB8AADM7>.>G;1C9E:8@7??;9@?D;EHBHA6FE:5EBA?CB?=487B;1;<5AF2I>36CF>GFKG:KDEC@=F9BAF>BJ??>HMLKEH9GFGCMCABPF8>73EAC=A?H?DACBGG68E=BCGHCDIFD?GFJFHFGKC@BG;R@BJ??91A@B;0FMI@?O@D>A=9F:MABF>?2DVDJC,@IEE@K::IIEK7@LHDID1:@@EBE@=EB>E=KBE=DLD@9E?EN:;E@ARM6EB?IB=EGLTDLHGGF@9F8JH=998JHCAM;N?IOW=KEB?EEMFGCFC>GN@FEJ:5BB?JHIKI?F<<4JGHLAGN=H@INGNJF_[C,FA0>=9>C?CDA(?OGC>DGAJ@9D98K@J96M:RR@B>EEC?A?EGBDAL@FD?FDEI:EEE;D5LE@>C@JFC>C>GA@GG9?MA8H>B==D>;@>9GK@97>=?IG7*IB>;I5@B7@>9=D:G24A;A7?>@>=:>8?=AG>CGA@?NK>O@>BAA@8B>C3H@B@=1>3GD;@A?@=BDHK9?B?@:<:;?:;4E1=<DH77-??=>40@@3?=BB>?LGBJA@D?A<8;@DB==<<3>C8A6C/5AIA:;6G<=7F@H1?BINGCB;A4A=C>E3$@:A?<@;D;ABA@>>>=?@6;@B>?F6B<35=B.8>DC:>=6AF3I@?8C=;3CDC>5B:5=<3857E=?<;8>(7?A4?=2G=/>:@5B::8BC@@B?C7DBD=F6B1>E.D?=<<5E9:A>=;<.5:3;D4BCB>@839K;B*=>>=C;?674CC>?63;?;99?1>F:8<;3@@?C:?F>C>?A?5>F8A@=8CC=?E;E>8.>J:C>;2:AE:<,B?@:1:>1A3?A96:@BA>:B?A@9;@@F9/CC9B@76CM><A?:8C9KB?O==AF@=CA7CI9AA>79?8@B?1D<;8AAE@>6>;:6A=?@8>:9><<CF@9=6GC7B8GH>CIEH1F:E;F=>BC5BF6@B;?9=>A4;AD9;98CEE?>3?C?@DBCH>D:@?BD3=8BC:14;=;ADD=>;A8830F3CL:PLD>8D;<3H>A=CG7>D91AIAE>E7>G4=C;>=4=GJE:C9:GJB3B@>=;6>CAC<7E489B=48DF4CCFI?GC7?A59@IHF>CFHGID/>G@EF1CH9I@CFBME@RI8@CEB?AAEJB@CA>??AFCG:IIEDG=GBGCD9FCA=BAFK?:FNCK<;5B=IFC?=EH>MC:F=L;B?@;@2=HA=6G6DB<<@@A5GHEAIGF@C==GEAFFBCGGBI=>:F=D@8LIIFGE=DB6AM@>NDA>HBHFBBFD?EEG@JF;E>?B>HKGF>L@=>AKDMK=GIGDD<>DJHGF;E>A>JFPD0>Rm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`EAN?GKDH=K4MBEHB?HA@BGH>HBGGPEHIJLCCH:LJBFHF7KEA9FKBBU?D7A9>@;IDREKD8N=DHKHDNEFIAGG>AECOLJQ2D>E=7>7EPFEECAA@ABB=KB>FAARFD@BL>ABB>8F@A=B?/2>@?@=>@HEH5I:JFMJD6@MH?1=HA0O=BBB2FLE@;?EBFDJ3DEF;?@@)@A@A>A7GC@TA1EB;>D=DIH9CH>D;9DJBIBC2=J@A=>EG9BACAHAECE4>8@AA;@?BH>6@@?=@IC;K=BB80;<@4EGID@B:=ED6G<:F>?H@H7D?@9DGC@FB8E:D>DE>C:FA3RQ>5>@F7B@?<96B=>K8JA9K9E91<3F2?>?8E>7H&I>OHD@;C7??H>>?>*CD7:H;E<97CI:A7@A=<:>AB><;B;AI=BAI;GN98>@D=5C:@>?7KHE7EF??;6:3CB>A>E2@E;49C8@;A;>EA08==D>7===C>?AEF7C?58@/8CA9>;CB<@DDDJC?:I@A?9=FCD?A@?@>FA<8BC@A@=;E7EC;19;?;D@5F@A>CA>;><;?CK9:F<>?@I;ACA;D@>G;8;@C?>H@A=?A==:@7BCIF=C;=DA@96E=?8G9G94FC=A>D?<=BBC;A9GA526B6>3D@A)<9=??A;<1>:AA<.:HI9B==6C>J76<=7=5C;5=>A@H<@DB?<-9.EE=@JABD>@?EG18.B;=>;;9CA@=JE;C0>7CD;<=7?3=EC>D=7AF;A>7C8@BAAC;??<>>?3@B59B9=ACEGFC<@@?F:D@EC?2*=?A;AC<04<@;?A9B@?GD:0G=?CFDB=5?@>=??3>>=9:DE<;@A@@GDCF5=0D993G:G==;93,8F>A0;HA5>:BAC8@I8C98?D@07H7:>CAA<76D;@B9=F>8CAGGAA?2K>DJ:FB>@EAD8EA@BHEI;2*C>>6@B8=6:F;>E9IGD???8EED7IEFAEBG>@AABB7DAMFEB0CD;=?B-E@DBHA6>>I>B:E;@EC7@CIE2AGIAEFF>@:=B>?MEHA>JD>DJ3BCF9HDAKBAI?EAE>F9C9?GDGF?A@:>LFTA>4D@AME7BGHJGGOF@A;HDEMNE:E92AFEGNGAGV:=9BGHF=R??ECNK<::CJ8GJL=G>DDBEI;19ED><@;-ADD>@NPG?OIB>9@B4;=;=DVFRE7A8=BBDC;I<=KEGD?LB;:;M9@E9;FK@O?.C3BF=@IC;<5D@A??9HH7@;K;IC?Q;B'>JAJ:>A;=G@AGUDE@?A?A;@5LGBJ@C8E7GAE4>H=F6A@>C48CA8?;6BDAEB@EG@CA6:==E<<:<@BABEBI:1D=)5@E=C???@A?@?CFC3@C?=DH1;IA@C@7;A@@@@EFEBBCE6C<@7DD=B@@?@=B>?@>@?BB2D4=B;8;<=65;C3GC%C6B@D85H<=@8D@L9??>FF=@=;;,9F?A@>Q>=?<>8D?>@H?E;@;>>8J>;7>=BBCA>97I9F<@8C7=BDCG:I>G6ABEE;9:?=A:>IA=:0;<;B:F>3>H?2=9GFAKG??5I8==>.F=B>CA6EF;@D>I@HG@??;BFEE16=CA;GB?DKC9?>CD:EA9;CA9:C?G6G?F;FAE67?9=A??B/@D7B98=38B?4E?4;C/>?1DFA3@<@-C5BE1F<9B4:5D=G:A?;C>3:8C?C??9>GA9;D?L7;1>@9:8?;6>3D>:;F?9B07AF6?=6;D;D38/CCB57>;@9:96?AC@>7D6;?6:86E6C:3EB=>CA/@=C=7E4@?-@;A>A+J@91A8>2=@NB8=:??C68B>;87C?:J?94?A<9>@B;<84A=EJ@?5=C6<8?HA@>@=6CH7AG?59>@C6AIB:>3=<:F9?NEB7DGAC93JE5EC:8DBD9?5?-D6@<>=30?3=@D@>888<:D?A1?>5?0B;@=0:6C5;DF4?C<>F757B<>2E>?>4?CC<;;D<<+GB@29=@22=?5:GAC82BF@=CD=7;DF<::B>=FDFD=:6;FC>NG=BF;E@D;GKB=9?AFF:K>@L@E9?IH=AG<@E=IK?DB>H<@AA6B>KED>>@G>?D>?C@F=E?@DAFDEB3@;>:>9A1?E>;-A=A=5:CC=?CH>D6?JALAE?9@2?D@BCA@>@7C;DGA?BCDB>B?B>5>DB4>>A@/@E;AI8H>G=?H;7>>6@?B@GD@5?9EEGBGFBH7B=EDDB95@A?CDGCG.=)6=6OCB6<@@AM>CB>GHE=CERJ8IAC*PSD=BRMBA::G>IJM=EH@AAA@CGCDF@GC==HF6CIDPOPDESBHP?=8=KE@=:>LGKDIQIRAV?B?AD@4B8EAIN9G9@DHE>E;IDF4>PEA?@MASC7BEG5==J=9J>E814FGBE:?AB@8?47GIEB5BF6>=6F8@FJB=F68A9EG?B@LCF>DL8B:A9<<4>AFA>CDAE79?E2/;@?CEB-<4?A7>K=H:G0EBCFE=FFMHKI6?;@=F$80;@@@ADH?<;;;A5>8663?5BCF;I>@S:5>BC97=<<@=B'@A;C5;2BAE6<3DC>AA8A;.6@;87D73B8;<5ADCF@9>6AFDA=:>KD8D?GCAAE>>7D?==C7=CBE=M6C)A37B7EN>HG>>CAD.9BE=AKA@==C9F7BHHA29=39FCB>EA=@J8=C1==B:C::>DKD=BH??4CHEADA6=8@7E8.@A??C>98CC=C;H3>?>BFCB;G?B?=?>C6?>I;?A1?A>CC2P;>?<9CGFGD>E7FF>?='-A7>9A<7>HA;9<87H>6E=BBH<>=@D<2H@@>7:G?8?<7-B1F=K,D>=AB9B>=DF=<86C::9@A@B?F@FC:8DC34>A@;HB@E99F>9B57A5C>8B:E=@?;E@A@AB:8?@;9=2?<>:7AEC@A5@E3;A;?FDBA49>?B>8>@@3A:>==C=GA@:>>>@B>28<@;B>=:>6?@B>:@8C?;1@=;7?@B@<>=B:80@E?B==@=)9<8@;>@25?;<5?A9I5>ADAD=:??@?M@*5AAT:EAG6AE?A@>D?3A;?5D9CD=;B?E@2?BKF@E:>;:;=CEJ=E9=@HE?@=?E>B@@?8CABCJFFBI:DDI5EO@AFJAM?:;FBFKC=JAC@BFF?AE>>FJDABDGGC>EFE:>DHFJIA?<5D9F=EFB@>G?J<=:9@A>D8G;G@IFAC8GB;@?8>;GEP@9CGG87?6:L:>??CE<=;@>/BK@K6BI5@:HAA;=JB@EA>GLBFE@I1>FFACBRLA>C@G7>8DG?ICC;LUJCBJ5CLEHOOG::C?D@MF9A9;?C>3FFGELD2>GR@A=I>@C:AE<>NMGOBE9;FF?CD:CB8AC5]=C>0BO=?HHNFGIFVYP@;DDEV?AG?BE9CE5AA@QHHFMK@ADDGHC/7ECDB9JGHE=;B=FIHBB;><@F>AF9@FEJ@BA>@L>B@8K=H6>@DBCAB;<7C:?H=8HBA?36<7F:F7>,C9?J8<75:A9E3:C6:@46:B=H@=;@A,;G4EE:4@G:7DCC7B?:%F81EID<61J;J=@?<.979?C>>;45:6783KL7Q:F?OGEIDE>)=@@F?>?@@<;AAB>;>CIDFG?CCA=BCC>EAJBA;=<56=8>5CDCDBI/?A2B@:DBA??9OA=5B8;:EDL=>C@F>6J=;>BA?:D7>E<@H:?EC?A;A>B@E:BG0;>ADC>==ABA@DF=C?:H<<7@@BBFD<>A8367;A469?E9/3<9DB@*@CC>8:?I;F2=25>3AB8:=>HEB=98?A?D/?AD;<89;?>1*;35;;5=@;:CA59H=>A9DA@?C66A<:>8B@?:;;:/875>=4??99?=BC>>C;7>;=E=:>?:<9:D60>;@=7BA;2<;=@?;>@F786/:C<4?@C?7FD>??AK<3D=A>@@:5?@C5A@2??G@=>?1A=:C<8<=:D><86>@HBE9238===A=:E5@<;=@A9A>B8B@B=>?>A@:=;A>C7<@F;E8E6=:/?A8-:9:2@37G13@=E?66D7E078<:==@47J8?6GB=6.?D3BB:C4>@D@A@9J:;CA>>C@B;=B;,E>EI52EC>MAA>288AFQE;>9=>B@F>8JGGEAEC>ED5;HFIBAGFBF;@G4LD@D@=:5J=?FJD?AE?=C8:BCF?>>C;EL:DAC<>;?DG=AA@F6CIA=?D;A>G7A93A=E3FC>@=@@=@>;@79DA?F:;E9=>EBHA?GCBC?9:;FB=1B?=?>>FE>C.I8FA?>>B:BHA6F9FAEI9ADD>DDE3BG@65>LABCC7LIH<@C2HAHAALFD>=CHB>EBD;B7DFAMFUMIG=D?E@BJ?QGQ5A@GL?A>9G5?EACLT/>DGJIAENBBGKJ=?JGBEMM>C?>ECKLEDJ3?MMA9K@KHPOS5MG@@D>3AFJGD6CK9AKN?J=D@:FK@K;@F;FJ;>ACA:KCC4MAHBA4;C6DCD<1=A?BCEJ.O5H9AC=H<>P4=P:B@C@>BKCFHEMD=B@>@C>F:>8D>CHD>6B?HC?D7?AABFBJ@B=A0DDIA=&6<@D=EG;5JB@???=;A,>:>?9>@F=AFKC4:F;<=@ACL>@CE=>8A8'E?/@FF?993;<>C-D;87>K5CG84>5@*<;@B72;B=9M>C6C9@6NA?DFDOA9BH@ECC:IC;N@C;>@38D:>21A@2A@?=CE3?;A>>6D@BGE>DDF?;K?EG>=AAEBB=BB@CAB66A8:GE59FF0?:H?DFC73A<@3AAG3?CEA9?C>GCIBC@3D5@C@AFA@6ADICEA@CD@@@B/@?5CHI<9D>KD=@7=<7D7D1>>F><;<;@CAE:DF=>?BA9D@>B@E@;ACA>E==@E>@C9B?=?<.I;>D@AB=@?<:A?E=79>B>:BABEF:A85D68A<8?EL@G@9C::G=?3@@;:?D,;6-;=A=2;;FI?C?<8<79>B5E?9?>?17=E6:C:>9>9=.A3@D??F::?90A6C<@CC66@@B>8@3D<:@DC@1/C+9E<>0@2;><7=9A:9@C@=EDA?A:?58><<<74FC//90?BD=B;@4<>D:@E:BA89;DE5<37>3D8C>:5G7>6?7>=:7.B5D=B9AC?;D7?5:?AD>C0BI?>?C<&@49BH1G@CC6:=>>A??L7A:FIKA4EC>>E<3CHCD???;@4@H>>B:@>CKCAH97@5DFC6CE1@AFCDBC>D=1F:=??BBJ?5?CI6DC6D69<9CG47IFCB5>?B==>.FD9G@CG9>::46H6A8A7FAB:D=??=?CD8PEH;6F9CDF9DH@FAI6C4EKA8JAAEDFEFEAC<1AEF>;DI@EJGBJIKJK6@JJDBGHA9EAA;LE=>DK>HB9AG:>U@HF:M;>IZ@:JF8;AEFHDE?K<:G>?JHDAB=L3;BNC9@ECB:CN?@@9F?E:NO8:6BHDC;DFJFB>B?@@?H=5C=IA;=AN>:B<4IBGE:D?JPF?CDBD;<@>B?A6BF@65ICB<>F7>4CC?B!6EB>AD:?C=3BEL?:/BBAE?9FM>>5?9F7NDDCLE8C=3B;?>=1$4>:A7B@2E?:/=87<=CECB75>69@ED>@B@775:H<;71?87D:@A;F?98B?:A5??HADCB:B6@>4>K2?C;@>M@6>;E@BJ26D<>CB6CCFC>ACFD8?D@EPC@?@>4I7A;B>3GAA:?+BA?DF;@AJ?=CJG:IBBC>FB@DD?A=;AF?:>>9C@AA>7C;5=?@BB5=@C>BAB;<:7GD;H=;;=35:8>>4BC:C@;KB???;7B4B7@?*EC@BA>?:CAA?OE,A=93A7?@@9;7A?A<=@DDB:>CA/DEAD><8;:B9HFCB7A/8I@3BB>?5>@?H3E@@9?H>=*@<7D:81BG?<@E@9L79@=B;';?A84:CE7CCC@4E?>57B;<@>FB=7D=;>@A?><8@=:GC5@7B>@D7;00AF=D>=?;@;7;<>@>@?=2?>;>?@;E4?:2C=CB8.9;35?B/;2BA7@>F9:6A8A8D;H;=>5J??F>C8;7>,ABFA1?F@CD6DCD5=9;BICA=GB?;>@G8B8EAE?D3D0;:G6A=1G>A<@@6A8=I9AH5>>;@@A7067&=9B:5CL@7EH9*6;=;@J5;FB7B@@B8JG:5?FA1;AA;=5B<7BBFF?>9G+>?4DA@;>9=?B?HB;76=C:7BD99>=9B770A@@5D9:CA>>D:A2A@8=<187:275DID=:8E:GCA==HED80:D9EFB9FH?GBEBC5:=B7A9=I8JHB=@D8H6I/BC?GBG@C=BE@EK;<;7CDN?;@=6MCA@ABG5=KC;EF4C;6<5=?;AJ6CCD?BJ;AA37EGEN;CD6J9H4JN==KMGCE7;B<7>I:CGC<>DJADGJ@AEGD8A<;AIIJ@>5C5:<:0CLEB55;>C9PDH=?7>G1@K=BDD=N;EEF?M=559@DD>>@BAIC>:>>FOHEQCMJNC@FC?A<>L25+E8FD:5B@AFEINALHLJB?EE?35H@K@;99IB>HF?JNC>C8CA4BIDDD9LTB@DE@GEMC?D=AB@A=JAKCG@?<:M>IOG>?CHEGME:JC+KQL8JCCFK=A@>?GM;>@6BJ/E<;J;A?C>JA=EC:=;D37BEE=;>=>B>CDK1G;FE?CADDEA8AA:FM9AG@=82RAO6D@DAC??;G;D@AA8?G>0D3:HIEB;@A<7@8E@M>67>B=>E>=@JABGCCG398J@4G=J=?@9>97=GDDLBK<>9E@C6F>DD=WI?H?=B>:=>5I>:<=C;HAA<3<1;:E@D72B;=EF<:9B2A==A>C?A?BA8=:8;C>DAEI6E=)A;AB=D@CBG=E@H;>A=AJA@@B=D>:=8DDA99H0-?:?C>@G8BAEGHE?B4ABADC8FCFM6GAE;GBE7=>@D@D@EF=>=:BEA?AGA>02:9AEECB<2DBE?>AF=>?@@JH9E:<;B?E@=@?G@B:>:?=6A=F;C<;ABK;;HA29A2A/B;7==9=<@>FB@@?=;@A8BI/46::L:@GI3I588FC1<<1>;>;D8F8>7=;:?769E@0:B?;@@=<<:6E6;>2?:A94?=;=@B5B=CEBE1=6;E0?;3=>;DCCB:79=>;>8G@;388;4B@EC>;CFCCAB>A5;.CEA;8BEF;EC6ABF:2<38:C>E91;A>@3B5:5=?3H:?M8BB=E==C39A@9@>9:846A.;C=@<3<=:?AB84A;I?;/8AG9>;@644IE>=7<=5?70J3G<:0?D8>6:;E0<94GD86?:5;?;F9@BF?B<5:;BD=7BA<==H7<4=B;;@.D48:A>A9D4?9ACD?.>>9D=D8EBF?9@D8>?F@G73A@:<2?66CB>E;==3B6C>9@;;E>?FG75DAA?>@7;@:FDB@A6AB=HC5@A>:@AACAL8G?<7:?>:@PAD:N9CBCBB<=>C@BG?G=D>DD>A@AI:;HH3EL>B;?;?JK@?9?>AEJ/5HE=?>C=>HHH@E/AFDI:>IG6E?GAB@ADA>GFIKL;A>?FHFCEC;C>CED=FC?B?D>>D::BAFBGA@GDGEFH6JKE2DHENIA6DD8GCGCFHAM6CJ4JC8FGCJV9?NNME4II9@AAC;0PDFLB@SB9OR;1L>ME?I>BE@AAGKGKHHF<;@=IPGK9FF;C5FF4DHCDBDGADLA?RGLKE1G?8MI>?A;?>>,EC?M?Q0CD-?H<64@?A?:88KCB9MA9A>G-?>6Q?'D=DIE:CDID@?F@MI@A<799A;4DO5CH=B9@5BEH:@@JB>M@I:A46FE95C-=JACAHAKQ7CA>D@:>:>7>F+@J5B;C5H?BGFEKA9A<2:/=EA?E@;9?BB>?+7?BD7ACB=A?@953DN?DF:BE63;@A@=MBA?GJBIK9?BDDA=CDGE=A>3DLFD@B?7DBJ@AB;KJJ@B?4HDF?@@?BA=BEB@E5C8>5@7FGE-B@A6?0@IE;B>IC;@B=MBABDB4GJGD?E0@@D?B6BB>@=C0H:BOD5=?9@>G=?@EM7+5D?@>92DCB6C,==<9E>?C69C<9F=K>@BB<+<>==A09=CJBAH?D>94:=C:@B=EC7@.>2;AJ@<2<6A>A<:9CB?;:?9=?ABDAJ:C=B58A?A@:7=<@C69C;57:8FCC?ACB@6C:A2ABE6<@<=DED:>B?F?<@->0?E-8BGHAD5;=EBA8C>;1?:.A=0B5>F=94A@@2C<@A@BB;A@A835>:G@BJA6EC?=E892JB)CB?=@L2JE=G???FE@;7@B0>0?>CAA@=?=@?8G==FB?9B>+>=B>A>9B;A4;CCA:H=H:;:DB3=F?<=HAD?B?HCDE:A3=?7;A;=>;2<4=BB@7BAD;67=E<7:@?8A>5@@+4;@8C?F>@B<D=?A@6:@:?G8B<67CD9A8;4;F9;6B&41B5=A9A5=D52,=.?KF>BB>1B959?>8G=B-8ICDEAL?B7@F@<:MB6??=AH30DDG71HBA;=@>?K9EHEA0@2D5;=?EG;C;@I?;=ECAEDFI?H7CB9?:AC7BJ6DKB94@@ECD==:@C<<@6BA8@?JDDG?GCHE=:CCGDGD;;??ADBA6>=H:<@DCC8ADHB;B?;EGAG=>?C@?5E>6A<::I@GDJGEAHJGD?L3DE<<8B2??AFE=AD8E==4BCD7HB4B>E7LH:8FJ==>CBBBD??I8K@=54D5D@=A;>ACA:9F>AHIPCLS?JOX6DB:M5FCDBCJFN;MFD2FJE5J>EJ=@CD:?AJHE>DEIG;AJMFAD>DAHGH=@AQDA8@DCO@FFG@7QCJCF?A?2.5F>NC??I;@FC8E?;EE@=FB;N>RE9B:=L7CED9>=9B[?HN?@;=?@C6:>BCA8A8F49KB;9BHFDB;K?BJ;P@>F1ABH=F<=>@I=4E?;D@DGH<:==BL>@DMDF@EA788@:-DB?E?B=?2=A6A6BED@::>D??B6>?;AHGOB,<9A@EA=5=><*G@?E:=C>A<.>J=>=DDA>G=A:@;?:?9FB@1CC3;G@6E;@=7>DCBD@9E:LAFI7CFAHB8D<9=G=MA?=6GC>3D8D9D?EF><1DBE>A1A=3BC@6DD?0FD;AD@E8EI>B=C4=C6A5>E1286>B$7B9>->@A:ECJCO@<79>;D?693@C;9=8C=8?G6BC?;A80BB@5?><<<9A.8F@;C3=>;,/38C<;CCDF;8=GC?=@<=B<(?AFD=>83?;;74;A7@A2?D8999A<9AA4:B;?B@<,7;@?;;<5A/>=,8E0E:K9D:::8A2@8?:&F<:>?E>B1927?@7:BD3H9=8E:848B/AB@:BB;D6A:C;F?C<8>?>>667/?J88@BC<4@C05>:46=8?3>D;72=F;?DEA><<3KB9B.D?D65=D9:GH>=E=>8;CCB9C5G@;3;4A.E@A9BB.AGQ=B;A;C>=?B@JBB96AF??@=?>A<6AE>4@C>=8=@=CCBF6BA?D6@A?9F5@9A.>@7@9@6D4<30;C;@156C;52?>G>8D<94AD586DD;E94@C.;A2@D=3?69@98?@@-;F::7>8CAA?727BC:DD?D=>K7C6JCADHFAKB?6EE:GF;D;L0AA>:79>8F8C@I>?IGA6>CA/@B=:C:J;@@>2=8BQ=5:K:G=AF5B>B?BH@=H:G@@AB;@6=?BA=AFMDCC>EB854;DIA?F.?B1BA:II;@;FJUEDO6FB?FD@4?GH>>FELQE=>DSALJJ@DK:C?3?@L:9eDH:FM>CLHF@;CD9RIHPB5DJ@CB9EJHF@A9MC=HE>AMCFC:JIEAB4=B>BIFH;>6GEIA9GLBFDHKDFGF1=BD:CCNRCADDITK9@>DD@:H@B1IEEK@FC6>@H>CM/IE<;B?H:BD>??:@@@92:=?FBB?:>=>@G?ACPHGA8H><=<>AA<1CB=ABIMFB69@GA=BB?BH?CHDEAA>?C/7=@EK@:FFIGBA:=>;DHFD==BCC@G@HB<7F9@DA=AC;CD=6@I;=;?G?B?;GJA8=B?6<>D@9H=D?80=ADC@;>11A?EDBI8>4;J7@>;C>?@EA<:FB?=6@?G;>J8:FB6=;??C5549@@A6AB4375F=A82HC?=C9BP;E@=A@D=@A2?:A=I=DB?E5<>;==DFFI'>?DA@EH0A:I@?BB7>ME6?@@6<=<8D@;AC;BCHB=?7=@9AG45@6@7@>3>4?=B?JB?BC6DC>DFFA=C=8>?B??5;D78=;93GB3A?0@?=:A55@;DB?4FD=4J0@BCF=CCC>?>2@6@<9JE=?9<=BA;>/G:EA9C;>>8C?A9<=?G9C=.=>6;C5:=DB>96>;<>?=A6?F@A>/D:A:C@<=?6?>:<>;AB0A>:9L9A(>EI::B;A@F>=A>A<+?8BF)E=?9:CCA97?5;<=G0;A9;<@7<=76A68>:>@7?G1=H==>J@:@==?=8;<=6/;<9>4.A?<;;;=:8076*5A?A>D::7/;B84:881A>B===@CB.8B=C@;=?973>6?F?'>B>76>8<;>?;BC@;?<8:?9<@K<=A;@=@27AF@EA;C8=DAG8A?GB@(7;D0:=9D?F@?>>9B@;CB?B=@?B?>69>:B8=HDE8:A6>6?C7:B0ECJ>9A@@GCG6:J:@B?3?=8A>>AB9G@=-5:11>=G;?:9>H48GDA9B?3;=<7??<;>9EF9A75A??EF;?@69=B2A>FE5<=CCAE4GI6B?@;:D3I8:.8GCDDGF5@BF@=0A:J;F@B2;9@4J?C:1BE61DD=C?9DFC6>I8B9;EID9E:4>?E@K988E=E7FD0C@3BB>@ACEA@=F@O;?;BJ@D6BEF8>HF>:HLK7B8<@E@9MBDBI9=@MP@4>F85EBGDE:<>=CG386:E=BBAE@H??@?;@KA=BGI;DH><7;LCHKA5DH;C:=?0AF>:<9=B@A;4IZAADDBEP>>I.EIG>=7CDDFGHME?D6>BBC=B?><>CCCD@4LG91BdBDF;PFA=Q?MCMBEF>DKCE7JLC@CF;A1BKLJA<@;ECF6H=:DACBD;IG@S$EG?BA=DI6GK0?=K:C6G>G>>?16@D>M>+8>@D8>:ODEa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`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hlUU=J:DFG=GKIAAC;>:HBE2?C;G?4@0=E.KB@@=A=CNQBF87E>=I;==ND04/8BFA?H*B;DFHCAB>I>BC:7BDJBAC94-@6?G0<37>9>MJC=>,A=9CF?5:9FD9AA:84;:=9BC<;L==AIB6?=@:>B5;D=E;B>6@79D:A>ABAI8C?>B=8;<0FA>E36:<=9F?@@;;ECEBHE>43C5B7===?=;':CAF>-?FG>;>I<8<<7AAAACA7=:?9BK6E>:9?@:1@EF;;@A9@?=;;ACAGBCEG6?>=F=?FA3CD4B@DCG@6;E:DA=1A@3;?=;2EBEAB>BHA@AB1=D=CE><=>5<6:?=A8F9:A=?C8A499B<(@9@;=5@0BBB4DDA8<<<@;?:<>=9<=?@I;?>0@D5?@:7DF>EF6A5>C<<7CB5D?==I09>3C272@<@@2;=66>?9AH@B1>8@AA;A:?>?BE92??@F>;9?C8=>?@F>AC;C@6(@F@EBE5DA?8:=>GI66,A,:BBAE>=;9AF4:+F:CDCB6B>C>=?AACB7B3CC=@=D@CAE4C@D>=4?>=G3,A7:B<=06>F>H:=@=@;A=7E@J=8?9=A@:?FEAG>3ECBACC><<<@;:;/97E69?E?;ID@:;IA<8AAA?;<;>@=>EF@:E?BE=@B@BLAGHEEDKFP?C<:B=IH:6EBBBFEAA==8C;?G>=?BE<7A>BHCC>?B=7CI=B9@@@@DADBH;B1@:K;IE88@7FC7AA?;CCD5=A=B>AJFD@G6F?-?GB@H6?D?H:6?DAC6C@GB>AACKBA@@5BILH4CH:OAJ:CNL<>A@O?HE@B<:GA0BBA;<6II:G+JHMG@?K>DGE;PB5?CC<;N?>4GXHFD?FENE9@ACF@EEAE=<9GGDILI;?ED>7@AE?@:HC>8?YG?8BD=?P;?BBG9A@C>5IBD;JDAD=I>=1CFC>CB@17@?D;E?B>BC2BOCM@JCFDD7@66B9LCBC9HCDFLF=9:JU>?B;7GC?DFEKBED89?B??DKA>:C16HBF8>A84>A>BN?BDD???==>E@@@D@5<:?A;8==4DF=EB>?GBA<9CT>@7=5:I<7E?AH9A2I?GF37?9=5ACF@2BE<@3@JB=>HBA;8C>C>6=FCEGF>A9>@IDDB5>B4D4=E:;=9?>6CDFA9B@BB9?C=F?A;6?=H:@C896E:?B8E@=BC@2<:B7P>A?D>?8E@8=?/@<3=B>?7.>;9?;AADCA?<@C4?8A67CI@A=B98:<@>EA>>CFE>8:999CF<?>?HB@?EBDA463C8@CBG>?@4?C?EK7A97=H=B@CB74B?4@?:<@E9AED>9=>GEBC@BC:;;?A1MEABBKB?8;?;>(<8E;DE=A:<9@AD743;:9/CD>9@E@=E==A986?6:>@6:A?8-=@C115:8>?6:9>=C:=B0>F0D?@3.;AD@9<>5BCBF9D6?B8??B?8CBB>DA<:<;@AA=AB>BG;=2:59D:;:??7=?@@F<@9<36I>8:>54?D<90D=792GF;7@6D9A@DG9@@7GA=1=J<=>>9=>41><::C3;,>;B:96:A<8=A<4C:8=@8@HG>62A6>=E>;?:B;A8F:M=0@==?>>;4<9<=@8AF@=CA/9?DB?9BE8BE:?CF/DE9DCA6B?>?3AF?J:D@7?=K;@@?5>ADL?A9;;1:H@@BHDFBF?@=>H=<<>ED@CA6=>66E@62ECL?>>J,GDA-ABE:;GF84=A:?ED@?A<=DD;85G@@8;?AHG9CIFA9/=@HCCEJ?<@BB?B?EAG3<8AA8BKAOLA@A@GEHAA7B;FB4=AA?@EJ@D@EG>??G>;::EE>?E??94@>DFH=67=F@8G;MHH35HD?DM24ANE@D@<<:DBB84FE:G@@;9@?F@FAJDG9I4EGK=;HFC@D9PFMBGNFKB@REA:9;CAGFBAA@;5HFB@E@D>EACKI8CJJEE;A.;@8>A9G=9B?EE6KD5FGF@E@B8KB=C>?=>:8QC;;ABC/U=BH4ECG2HJECD>7C/F@˜{m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d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dEA@<4=S>@EC/D8=JHK>I>??A?E?JJ@;ABC7:7CABB<-:CACEG;B;::G25DB:SC<;>C6HDJOMFGED@HJ??5BJ>C>0AD6DB@AGA?7@689<;A<8AC@A28DA996=BMED3=18?@>3E6DDBAE<83C?@A;=6C5AD@FBFA=>===?HE;H6CE@>D<>B<@C=E7;6E<2A4>C;H/@==7927G59EGC@?=3=1J==:DF4;F>;<AABHB>B9<0:=JDA=8>A=4EKE?ADA5==C.;?7<<@/=AB@A>*C;2<@?4ECE@@.8E=?=F@77D8B<H@=:9A>>@AD>5AG@=7A:?ADC==ACHJHA;;@AB7ACCF>19A>;B9E?E/BA,;I88*@;=3E;8/GCE:6<:9:E;?@=8B@4E;17AC.=ACB>B(D;CA;<>5DE>E:;?;5A?>>@-:45AA99>:>BF5:>@4G;:4<;7<;;:?=9E:B>=>5-:@@A?A?@<;27@D.1;?77>@C2A87B8>0=8?52A=7;=:=9H@7:?BB;8D=D?@FH>8A5E976@A@::?.9A<<@;EDCELC@9@B=>C=K7>8:47F:P47BC7?@?GAD<8;@??;9=HB<:@1AD5>9C=@?5?7FCD@EAB5A8<4==82J:D?4@=3:58B;@C@>38@=3AF<43?.:=A>;=>BA=?9C=0<:?C?A;=9?;C>?CHD@<6<5K79:E>@;8FB;AH98>?AA7=E@?=/<9>@F;:@CE9H8CE4@H>KAD;;;GA@?5BB@E?D7A>9>I?CB6.04J9N9@?:>ED?HAACAN9@F:9@<:;A=?B;C9603H=@8,E?;:?G:?DFAK??7:DB95A985BEI@=AC@>A9B7C>>CG=,B@B>J@E>2>@:18A6;HG=:;2=K89JGFFCDPPBC97=C2DC9=@A@;>493?Q=;AHDCBHGBC>7D7CH:FLDNOBMMLAAB<6@;:FDFKMJC>LEC>3EF=DA;?@>;;?HFMC8DAFGFPHG-LL@;AHEJ@=8IHDCHH:8=?B?GDBM8KIF.49@0>C@6;CE;?9E:?9I82?>C@DHK6F=6@=E;@>>GD<:2<;CBM@8NDPH8D@I;?;>;B-:<7@AB4D@>GJ;C1>BA;;HD=A<2:<9:D=62J>9CDBJ*0FB@G>D:=EBC8BC@DD3:=A39C/>3F5;CFHEA?DA0>7A@C9EEC:F>=AC:<@?BA@7D:@ED3;JB:=F9<4FE>?A?>9;8FAC=JCLEI=FDC*ED<>::2CDC@E>2;9;=F6H>8=D77>@B6>D7MUB8B?<;?<29ABE7:@@==>9@?8@@81===:1=@C=CF;B/?G=AF;=@88=BA?K@@B>D=?GBGC:?B:5C>2?CEB<@D?B:6@;B=9J@8@>9BGE<;8A>A==6F=H8@2=A<@=@:8GB;>D8K<8?C;?@;M>1=9HF04DA;88<7:B<=9D20-GD>;>?B?>@@=6H96<;7?EC<9647>>?68@AF;>8=>G>7>?@?HCA>?;9DC8=D>.75D?8D=7A?46>1<<6/=H>E*BD>A=0F2:;=;>=<=CBB=><7@E2?D;@F=B>5E;;BC;=7=49=8<;@5B;4EA79?C;F8H@BB?:;;=D=?=9:GC8;*D,7>8>8==E>@>=9D/7==>=485B>FBFE>A?;;6<>4-;B>??<1=/*>:>;GD:AD97C<=.<;7@A9?2@=9I:;C:F?@C<;7>@H5@>=E;0;8@8C>2BDB8BD??;;5=;DF8=BNI=1A96D.K@9?C99@;89BCB?>,@C5;:>.E3>:/,F?A<1EC=5BC;@CFD<;.32B;28FCF=DADE7=@>>AB:BF<5AC9AB<97@CD?C?3@>E>8>94@5>@>;:0B?AC=<:=K9CG:C;:DG=E4AAC8JG;ECCC<:@AGH7;;@93CB>:JF;@BA?;FD?>BA2BFG47*D51HFE>4??DLLKE@A;B9B?HE89C3==;JLK@FF(@F;FKCDE>A6@@B>8AKFD>DCHL;;;F8GHCN4DIGCLEEBE<:FBGDKG?L@GGNI=@-BR>DFQ:9>IDBAKJ9DM:RIBQHBAB:MV6D<;E?>JEODJE1FGEu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eGC==1AFH2?0D2?B0:@=<>HB@H9AFCAH@?<-=G:CF=>F@@?7=>J>FO@DJB;<@5J8D:C=D>B@CV>UD>KCIQBH;:;E=D@EB7F?;=BBL;@I=BF8D?8CFB1A:9=7;B?KHABNCGAQ>H5EPL4=B@>?I5CHEH:AE8D;>6DC;D3*C6@FQJ@@?==A@EB;@E?<>D7GBCEJ=;;A>BAE:E?GE;IA;2A@O58@@>?@EB5F>9=AIAKEJ>49G@22<4KI:I>BCEAH9GMFEFDFCZ`“ªd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‘ÿÿÿï‘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öÿÿÿÿÿÿ{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ºÿÿÿÿÿÞm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€Ç›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ac^KNQ@E:@MH1CF55J>>0B>=EB7BC==4GCBFB@=50R>AEBC=D@@.9>CJ@?7?/H09>>N>1>G>FCAHK:B3?@CC2>>D;LE>@8A9:;:B7>;<.33*:>?ECE3;9A>BBG:5<=@>;F;?AH=K;@GC6<=4@9EAC:FCDB=1:8=4@6-73?D9E6A4@AB:<1:@F:3G?=4C;:DC@B;-?.7B=CH>8D;;?=MFB=E>DD>8?8E6:5=KFE6;;A042:E=4>?8E?G:F<9?E4?,;;;7@78E7D@>;B=9?;E?DCD<@>/139:>E>E>7A:83=@@I6/A=A;<;>C5I=@?AF5CB2@>FGBAAD6<=A:8?=E;D=.>?A?E@A@C?=?;7?:'@95947=??>?;B@6<2>D=5395@<?@85>:>@><8>?3>==BA9@=;CBAGD?DE2B<;=@;A?9FFH=A5D<<4GD7>?;><:A<3=B998@:8A=C@B7A3=9B>@=>8DC:/E=?3*5=A7C<8?@8A:D,8I=ED@>:98B2:?:D9D:37>>C:B;A?>>4>IB=>CDGDD9@?9E:?7:8=86:C9?==:;3@C;=+A;8J?BBAAE>ALCC>>?I@?>:EAEDH@8??;-C5?EK>DJ<6C196BDAA==:?HIFF=8CEAC>84?<7E@2?A?;D>E0>9K@=A>LCC=4AF>B:IB;8?DF=?B?DHCBDC.E7>3BC?GA?@=FC:9=6:=>DF=6@>67B@D;6<@8E5DB64=C<;AD9C<1A8DF1D:FG5A:AF=B>6@5B:=CDBBC:=5H=8KADC>HFD=?D@CCB>A69B;A:>AB9>?;;GE@><7E@D@8BE@8E1DBKCB::@D<,;AFI@D?BD:;HA8FADKIICHD5E?/966AF57C8I?=FACBD:3DG8A99@E8?DK,FAB6C=?;BCO*IFGEC0LKJE2G=?9><8:=AM<3CNLMEEGK2>GBBC=AKA=ED)A6B:GB/;>@C90@CDHDD88GB4D=I?/AKB@EGA3<<=C@@@D7F=BE16@FF5C5=@JDAH2;668GGN@6?@C;@G8=G:1&@;A1808:G;ABI<9?HBN<>KF653Y<;@<>?B>29@41=KD:7>9K>JJ4=A@-?3N>@NG@EG?C@@B?5D6CLB3M(@P;AIB6@D@:C8F3:ELB4?A>@4C:B7C>DF@3586A=B?8C.E4/F3BJ<@G9I9F8;?@C766=@C=D<*;=F=:6B94E?@?A;>;<<0CH.??F8@BL=?AICF2C<-AD1A;=<5E<77>2BG?IKQH<6LJ;D=A=?FK:53<8FD?732>B3AHAI??9;>9BC7=:?>><=DA55>I<9F8>=C7:H>5ACEBCH:CPDGA6?P?G>@>B83=?>4BAEE=<79B;8E4@E6@F;3<(<=?0=?6:A<8;?5;G4E;A=9=7G<75-KG9>3A<*?AFCB6@F?==8=E=A6?FA86:'847?<;8C@7:AC>07??@GC<BB?=<3G@)==C;=BABEAGD;5C:D=2F@;=;;:F99@4G9@B8H2?68/C;;C7A1C@>;<=@A=<@49>5F3@?A<6=5F>E<:=2?2:<7??CG5HA;=B8><;;<;=C8?8GA=4>8<8<;:98I@;@>?@881G6F@14E@;8<7?:5;C=;??@(;:?28B7,D?<;35C<9>8F:G@>?A=4<<=;B>@E;4D@ED<=D>4JB9>5A,4?9:B?2C?F=;==H7==@DB5BI81D?E@?+J44=7<@?;D>B:8<797=.=89=5.<;A=:B6;9@6G&7?I>FCE6@<;8EGAAG8>CD@?A:7===:J:DDJA=B>A;@F?67?C5?DABD?I<9?EA9=7<@:8A:GG=F=DA?F828:=<:@F=@8CBAI6EFF=:3?A95264B=8>H>ACGC38F?=<,=<<56@:G71?@=:>=9E=>;@A:>C>@:.>;7D;DC554,C-AC3A>9EA@396B>A@D8;C@EA@*>>EBLB:8CF,?5FA7?BCK<==C4ED;BGA<2=B?7>B?EC<6CC7:=D9=E?DECEA>?9J?A:EM<:C4:;I4B875@E=?FCBDCB>AB6AC7?=A@:6;B<:EE;EA-?4E?>?L=<1@?>3ADDG=A8BEA79:=;I?HBJDEII5B@9D@B=G71A:<@81GB?<@?=AEBFJDJGDJH?7>5F>9GDCOO>C@I4>:CD6J9B:A;CA>HC6;D@3<<07JG7<<;:C=9;AA:HC8GA=EB>?72ABD?GHKDETGD8HH?<<>5EEI?7?E:@:+62FI3;JAE9@@==S9?PM675;BANC28<=7E;H=G@H=;@0=:E64J7?JGD<@J;6>=?>39C9@->>LDGCA14BB>@@A5A/F=89D?1J2G9D1GDE4>BA5>=9I??QE?K<7BC'34C*JF>.,:??<@9>;?57/1A@8DC4=;2@A;DAGO46553HA<;?FD0=?2B>=C'C=<1?91K 75;E7:==<84E=(:<>9=?;CJG@C@9'A9@:79?FHL??CE678@3>5@C637SE?F9DCE6CD=>E>B*;=?7;M9:H?=9FKD@D=79??;>=9@;/?@:E>B1A==6?;@;HAEB9:984CBF>18=@>EC/:E466FB@3?EE=:;=9;B<74<;0:ABBD7@=A@;=7;7>27?><3-<:D;>@;0497?79<52287;<945A=9??<879D943C:@1G@19D;;<<(>297C=(?@><;C:;M3<4C>98C8>5=-3;<6@<7=59>>=A66AA2G3A;>D@A@<;D31=6A96=4@BB9;6/@:C?@85?=9H=<79@8<:<89C9<;;<6EA>?860A;><=:57<8DI=D9D><01>CGC817B/9F3;E4B6;??A?A6:6@@>9A9==8B==E=5>H8BB>@I;E@9;DG8:=?:8E>9=FB4>JA5C<@>5C8.>2=?>=C:*0=?>B87@<3-8><5@AF<2?=8>@>8;?G7CC=<6B>@?<:51;C?AA.50@FB7:?6?B?<@3B<@;:3BF9=7EE@=C7?@<8CC@ED0C@@>B@MEF@KE@E>F:E98;B=HAAB8@,AH8D>>CD=@:F;A@54B6:7;DAA?K:FAF=ACOG@A=<;>7FGCAB/?J7AD>AML5GIG@G=D>@;>@9B<9EEA:=<5>B9A;GCAJ3JAG=??:2HI@<>?=6DGB=>B/C/?83@;<6>?*JH??6F7NIHJ4CE:;A;=ABAG>K>:G:B2CB@HE4@FB?>N9B1@@LGDK8?>6CK@9GKADB;@C=<@JALHHA16HHC>MG>@Q=D9HA;@CGJE?64B?GBCE??H5EI=AB=O>>@F83BI@<=H??>DC5@>76D27<4>I0A>KO8H@CLAGA??@D?J3KAB?CBDA>C@GAGCC==C6:AB;2B@=I5C@?FH>F5B@+?BA=B4>C;=BJC40@@@@E:CA/CDCJ@F<2CB=@903-C><;A?FF(G>/<;5A5;=A3>6:AHBNA>D9A<5AB?>@GF=HHI7=JA?@?@C=?A=9:?3??GB7I>@BBA=AED:6GBDF=CF>ABHG9FD:CDAG>=BB9D5?:G?9E=B6GD?97D5?@>-<;36:7B@D9A;??8:?@A57?@=@B?JHEH?8;A>31B=D>E=@@6>A=<7BDA0A7>7:997@.BC@89B#A<9==$;;BA<5A2>B:-?@@?=42E7D>@A9?@G8D?<:D8;>F?:?@G89A>C?D?@A)@B<9@9E:?9?A?AC9C;G@B:>C7DB7B?-A=,?A;=D99C;;CB<=A7<3DAA:7:EA@8=@96C/:>;<9B>7D?9=:>6;A@72<;:=7B+94:BC=)>=H8?9H:D99?CK5;8><>:D9>=4C?9;B?:<,DE>5EA8C2A?G@:9C<6=:D>C@@HA?C8DF=A@>=J?9>FB<8@;EE@EC9E69<@@B@:GFA>3DC;B5A@I4?<=CF@8A@=??F=CE>3A>B:ND9?@?B2BH=,4H=<=6):7E@;=@=678E?1A@8DE@<15:7E@:)3;A53:=:<9;B:<)56C?C?9<;>8A276676C7==:A;A=@A>1@?:;1EABC?>E?B?,<;7A:BF3B;89<:.9@>9=+8@=5<6:AEEA=8;==DD@AI>7CH12HB@@?4D>=F?:@E95GG4H>EHA0;9<>CA;E6?>??;6>;F@C5F:=G?@=B1D>KBG@7:8A>=43?;86><=>F;DB=-AB8D=N+>=6-B3L=:F?8?E6CD87:<.8AAJD9@@?KF=?ADM=59A<<7>C;BBDB?<1EE5:7DE9<=EH=?B?;FG<>I@:A>9DN?BLC>LIGD:HB?BB:>?EN?;I=FIF=ECD-A4E;:F<3GAAADF3?5C8E@2??>5FPF4=:5D-6:@QBAC3CBAMBD@>@=:;;BDB9:?::7>1@>=CCBFM@FBE?AE9?CBIAIFR=H9>ECB;=AAJ=IJ>N?:?H<@IH>JDCFGLI2=G;=1:<=E@?AAG=->=EB?7LE>LCF7C6N?J@F;?<98DJ:=E;NE:8?D=M8E>7@C@BT@DB=?:NB=CFB:?9B8AD:;E869;DQF2D2A=*D@?A;F?M=??>92>>L0?EAIDD6LAC=G@@H3@H95E74@+FJIA@G;?>@?@=%@2>B=.O=:F3ACEB5=8>:D38>B;9?=7G@4J.:48B@D?89F4<@9@D84G?=6C0<><;1EC@@GEAB?AAI9EJ@<>RM>@FCRAE:>=<@@1DBAF;=CEIB9AB>?6A?D=>@9EB;B*A<8E1C;>0AE?>C7BA:BB?B7F=1>C@;C>A5C%5CED>?@GF>1;C;;@9G>89H?@>36@>@CB?@>>G2F6=AC=F8F06B>=0;F?F>>?DGD>GA;;DICE=?<6F2=?AA<1E;A::@7=9E@@<6@:DB*726>E;;=@88Q69=;;D5/>9:9A?;<@E0C5:)%A>?<;D>A19:85:<7@4270:@DC6>@D485>=7D=E;>:8=<@-2<1BA8<7F?<>A=8@:/3AA+<618>@D;@20=F0D99A;7@0G?DD;:@<>4I>@;@=2HD:=6?:59@8B>?:A>D<;45?A>A0?<6D97@9@B=@)@A7:@6F?==AE@5B=G@=/619077FA9@CK<72C@5@D=:D:=3<@7?B7F?=KC9@=B==:@=A37>0B?@.:@7@A@B@@;;ACB?=CA@<52@@>?A7>;HGI>8D;E>D@E9>(=.>#AB:G??4=D39B--==74>BH7@D?=E;E1F8F<7?6H>GAA;A;D(>4AB:B@=CG<87A?:>A4?<=:@M;@B?GD;G?C?C?-B@@@NFB@C==BEB<>F:@DFIAF=9=D>==7@?EBA@DGCLCHKGC9FGACID>HE>DH:NOB>P9@BF9H8B=8E@ILD?GCG:=;5AIFBCC=/K@F@@JJ9:B@HD8@GCC>?C4@9?D:CC?@AE<;>C,>4FHE;><9>?TA;9KA'.?=@A/?F:@FDI7;FEADM:;C>I@G8B1QEEND4<;M>FA9AG8D9HG*2FF5SBE]E2>HBD;:>E7:FD=6EBGJ97B>8D<@A7CH=FPHB;-<2AIDJ?EAKC1:9L>CGAC3E>8ROF@=GD:?C9:.=A37>A:@C@>:2A<@>?D>4.AA?BIB>FAGB662==8;D3H8>C76F7;9BCFJDD@8?K@7<=F74:4?NNC58?>D@?:F=GPC5:=>>12J7==0=B9@@1@=GG<4I2@C>BG6:E;:AA>:B=B49A;7>5=A98CD87:0<@CD;<7AFC7B7AA=4AC7A@?@;B6>CA@CD<;9DG@FD4CB=@1ED<38/>=@DD>BC?=@EBADAA=H?EF1G><4CG8FC>EA>A66=86?>873<9:<:;E8/<>?>?:B=>P?=@A<<61B9D12@C:B:0=??<:B??AB@@J;8;=296:CD%9?<;?*B6B5@9:A9L9@9B0?=?G;=<8B88AC;@3G9F-;9?;?>6&CBID5597?A?.;7=B<>==DC?7D@<5C3?85?DF<=9B<:;B?81,:>?9@8?GD;*=:AHIB;BC8=;9?5A:;8A=:C<@@?;<69C:?4;G:@>80:C9=BH@:GC@?@DH>8/F36099D9D9C?C192;:9;BB9>C>9AC9B:1:GA>;%A=GE2A6@7@8BCCCC7=:CF@A9A@AC88:9B9F<7<7BBB=;>=@D478??9<69D:E4@;8FG?>@>BB@E<6/9AH<8EBC@>GD>2=0@B;:H::8A3=KA=879A?EE=B>?>E>>?@=A<@>:?E3712B?>:9?@>B:55A7HC>8II@CH:>@AB;6;A?A6DF:?DAB8?IGDG;8@EE>4=@<6CC8/?CC3C6AC:AFID9>F69<9F?>/?I?46D?EBB@?:;?@HED6:?CII?8::F>A7;;;CI.?<;DG08;9;:@DIAG>4DGE@E.F>FD@@5I:A>D4B;DBC5F@H=LI;@AJLBFM?D?@MH?+=AO?HC8F23;GAF:;=7G@96E7I49CEBHA@C5J?;C4?/AF;M9EC*:7:N:36D/=>DFBCA@DG@DB97:IM:FCK;??B=@JH@CD6916=7@?6O:=4B3IE;E>G><29IIIE;H@9??K=L?MHF>IDG?G3I2FCAFC8C=F@@>L@?583C:AHC33@-CJGK/5A@BA@NJG8GETA7GDA:H2E;99?F3@B4@DA=8JDC2<2:48T=.@=C*AAD-BLAC6/87D<7>@B@40FA:D>6A7BA>=>HB@==D72B?(C;?3DB3<@5FF6CI;9A?5O?D8D8D7<9@B<>>73>A=ID<@A5=?6E9FA8D9G>>>9@D@=I>9B<;=A?==@G;DFBC>A7?D??=B9>?9>@B;B>@D;<<=C2BIB12QA6CB6>9B>DB5>:C3<CKE9;AC;@1<<;G@A;?A;<<@A:?@?=8@:B;.5=BL0;>D/BA>7<8>75AD86:6C2@A==5=>8B?=7@F==9=-B=<>90@:D>@5;@AF@?>6>A?<<;HBF?@25>C:9>B=8=?D95?C>?@;:><:><<@><>E@=>=>?<=@:9@>?>=4HD9D?4DK?39?D@FA;9B7@B@E=?=@>>DAC?95=5?A63::FD?;9C?B?B<=B4=@D,50G4A@@2=?:?@;9=A=BG=G7==0@>B)@<9CKE44?;;C@BC=G=BC=@CA7B==;NF/FBB7:BA;;?G8D;7D8@:C7??CJE@=B6A97C;@QAB7=?;9<=AE<>D??D=5@8F@E?A?BE?0<@EA@@=>I:>I:5ID>CA6E>GI592@>I9??=AI?;D8FA?C>D@J?I=@AEA3;5HC<=BA<;85>G83>>:CI1?@BA9=CE6>:GDCG8B7HGB=F6EC;>C=DDBA<:E=4ID8:?>0@=5CA>@;CBGEEA>?B9A<=JA8,BIGH=9HDDA?>EBJ>?E3H@7@CD:DG?E=5?GDCCD?I>CEF>D=@CF<@CAB51:A9=8?M>D9;RH<:ECEF9F=@BF>9=:KCA>A@K-?D=?BG-ACC?7HF;HH<8@NACB<:EI?5IDIGHD?GI0<9@B9EB=@5E?BC:C498<;?9ACF>A:8<8;>F=C2DMD:M?C6BCA@FG;:5HC=MGKEADJ4?F7AG=?HJ9E1>?J&08AG>BCB?;OG<:>G?;#=EA@CC6@B@D8GA@D@B=D3>=<@;>BG4<:@??7AM8B629@.39C;?J?C=A6439C@E5C;<.?.<<@9(4A=BD@>F8=BBA@?>=8C9C5:=:D;??<7>@5=>?;>=>=B9@7AC<@?ABEAB1>3;4=CBD::DE1B95S@GBEEEBI>&?A>=;<;:=:.=;EMA06;CK84:CEC?/@9CF7?:A:<4>CB??=9A@JJ7,B7;A+/?C4=6C?8E@@D:D3@FE9C=:8<>:@9@@B9B?C;BB0?C369=2A06A6):>B;?>,C=C*7DA.0=>:@<7A;B?>;:B7;A;9:0=4<8F@D:8A:=@<CD7=57/C?81;>-G'+844><:BB@>=B(>D:E>EA59?=GAB>::>=?:E=3:=AC>??B<=BA?;A=3@>C;':5>>B<4A=D9@9=5>4.?:9B=7<>A59AAG5@:2<@<;7-/8H@'9@5=@;>@6D07?41B;2:=3:B@;H@5EA=C;CAB+DG%D6=>40A>FC96=A127>L1CDE82@88A@B9=B8C3CB>=CG3IBD7C9?D;7:D=7G?5<9<=>7AAAB@B=@/D7JC@F;7:?<8?D.=7=?>9CE>3C>B;>8FDE:>98B6?8AB8=<;<=?=A=??=<>F-AAG;@;/97B3B=@?I;F@F2<>=AA=EE?>@=;EB<:6D;74;5D=A-?;9D?F?D=:B;N?B8D>8F;:B9?AF>@HB>=>9DE2.A:?>=B2270AA=9@39B?;@@JCD7B4;@FC4E:=<;7:79I==F?BO<74N8=D<4D)@@;>9?@E>?;*BBC:?;8,GF<=<=*E@?8<0GDAAI9?H7CF9E80>>9A1:@9=E;E?ACC1DC9L1>5-7B2@@1CAI1<<;CA4@8B4C@K?@?>B;8.6>D>:;D;7@B9GE@2>CF9AEBLM?;CC;@BDC5AF88@?6;DA,?B8HHEE;BCBBI5:HF>>:PGE:92A@8AG=5?ID>=;?N@7=7:CA>A>C,?CJI2/989?D?=CGD??HH,?E8CDAACFDB?E<5PA@8?D;K7==AL/FAE;B0>:=G9@HHJ5C>C56=@AWAB:CFJCKE>@B@H4DA@A=3@:B>@<@D69@GN5I=DBAGDB;LA.CA@=ECG>B=>HAA;@@=44C-CC+4D=5B4<3??;ACECAIAGF7ICBB=?9:AE8B96?AFHD=8>/B6GCD:?@BG:?=OB:@6=>@4983:>A74EC:D8-AC>73<;@L>?IG=7@9@8=B<:/;0$+8=0<15::;/AC=1A=D@==G7>=.?CFEAH<<@?@<@;E=6AC?B9=2@28;CB6>EB89B;98@>??G7<==3850D;BK94=<7BE9:AG@-F<94130?6<>99AI=>4>,@67;<=??D;@>7*5AA;<=,;;8$C54*@<4AE;-BI?>?ABB3A/+@:0@98?7?;?759B<<4:;7<=?AD?;>:D8A@:5$B;B1;98C695-5B:70>176:FD?@:@A/;B9:B3<B<@C@EA=318EJ<7A?9;?B;9A5>E<=;E6=D:537G1BJCE7;AB:>;6C<;DA<=DFB;>0>;.E8;BFB0DH?>*?===A6?8D@3A<>?8>0A>77?I?AA8>>@2/=:7BA6==<@B=::0B:7:@<2B8<895:5=2B=?0D<83;;?C=@@?D;H;7:A7>,FH98?>8?7;??7<7B>7=CA>AD9B9?>.@F6H7A7@A><:=E=>@J;;>;H:=<98?B09CAACA5ECI8A@D<;?A64@D09B7@BA?BCBE?;C:C6DED3I?=?=A2=@AH=C>C8:@F:92?AB:6>8B>@?>:8;=G=@D35A;BK);K;4GF98GF?IKEF@6A:?BBC@::;;EB3<>F>B>1<@FAECDCC6DBA9B4H?@E?)F3<>2?D>7F:M=.6?@C>A5>?A946@8H>8>;F@=45:@:MC=I@>F<7B9<58AF7B=82J9=G=A>H@9C<@C@G=?A9CFAA=>;ACI:G995?B@1>:C=C:7E<-F4IA?B9F>FA;BB:BA@;=9EAE9E2=H9;86AB?I<7?BBAH9=;HB@?2FDC>BC=B:<3;9>8@9>:LC>L:@E3=;N;<6>A?D?6;:=G9GG257IAA09=@=DC;F2GC)@=@=:?C;JBC8<5FH@H=@B=9398/;A>;GGB7A199D@A6D8F0=3JCA>E,BG??EB9A><<%@GEDD@==A;=38D;@:O=9:@96COBDBM5E 9C<6HA@E:MA3@J@>@G2DE:AGBD==>;E?HM>AC9A>:C>D@?DAGB&;D@0>?86@FB9.C@AC5HG=HH@I<0B@;@DHDF5JM>;=B@:6@ISBB:A?C9C>:84EDGB.IG>><=F:B:@EJ>;6>AP<:?E>>A92A;D2L@9F?F=>;A>9A=HFEC8AC==77?L06JC4>PF85BCBE75BB@>?@@=2=EC4,<21CM1I?F?::E2C4?=A??M6>?26>A75B;=@?G@3DBA:G4<@E;C?B<=;47=>AE=9?@=?@>;A4E?>;5?D5@;6B;?=7;8J<4=::2?B952:48=@1@2A=F?@>78=6BEA>B:C@C7B>.@0@=B4?<;J@<><@GA9F//D7A81>A:B;AG?6E8>HB?:>F>?89;A7C@G?A8<;4CE@74BC=D>=A?==DC48BC1D<=C:F><99E@A:;=AA8@D==7D2A=-7<8A.9-:=9CGCD@E>AB5A=;E5BAG>?AE36-A42:EA?:A@AD<<5@?C9?6A;E?<4>@5??;D:9<@;=@<'<<=>C;B;=>48A<@9F=.799C2E>:A863948;=H>5LH68=B>+:<@B/=A9Q9>F;<>(B6F17A7F9A68:;;=0>B?>79:=M8;39A@762>F=>76F5;2H;5@>;@=H=;?DI:=;B8-3CA>59B?688>B8D>;CBA6;CE?C;BA7?B8I55CA597D@67:?8;=7>7F3=7=>?BJ8@D5@=DF8;7??E9@G:3J5E8;1B?:6I@<9D85=9EB<7E=1=D4<8I<9DC;?7F?=H:9EF*1:BC@@IB8DBKKB9??@:?F?7C?A>>BBCE7<@D7<@F@9?>BD@D5EB=BDBFC@DH3@<@E@D:=?J6EB9BA=546@;D?AAB=@@HAA4/C89J4?L6BD-AA=4>@BG>7=<8CAG=9>=AAMHD4@D?5<>:A<99:G9A?A>3769>=3;;DA>F8C8G><=3FF:C;>7EA>B?C>G9E?HFB>BBD=LD7;A5;D:2C=DA@@BFBF8M6?DFGCD>>I5@9A8I+B696DJD=<1F??KH@I8ALE@81?;>>A9:=F5I?@:F=2CJAI;>2A>DDID==DI6<@07A@=?9BQ?>C;ALC?E:E2;AD>CWDB@LIFED:GCLGE99CLF>GFBEH?<4BFAA:?>?HCH=H9LAEE=N@FCB5I@=BE=@AA1FELE;C?G:D=>8F75@?@E8<:EB9A@DM>PF:?C@:BD=>M+>?C8<=EBHH<>B6=;?@=>?9@F<@1>?7@FBPEFE>:I9ACBJ9>DABBD=;F?6=CF=F4@B@=B>>AL2FGB5G=:0/7;AGB8>@L=F2=;AC9<9:C9D@9>DAAFI5>:5A?A:570F?;1.C=4:C@958<:D=?>57?@J;@4>B>B<8@>2A24=D?=994CBC9?=H:>2<67><=8=G3B;1EE=>:D>JFE0A3=KF7-AB;;A6D18@:=?D?>;;B@Q±ÿÿÿÿÿÿÿ…HHA:=<=A@6?;B0A:EC/HDI8=@;C=><>=;?>B>>@>30=@DC?6A<@<;@=AA1@89E?E@D299FJEA64@6>?A19>;>C=?B>7HB=3>B?87>@=4B50C=CE6@?ACA?@H@5>J==6FBD@;2D;2ABH=>E:@D;;?6C.B?A:@F8B4:<-16=EEA;47>::>><>A6>A??H?<9:B@5>2D=H:??@;CG=5=>:=99C5===>2::1298?A.748F<@==DCD=;?><;?;?CB?51:88>75:@7BF9>BC>H6@8=F@G=:5>>:8:F=?AB7>?A;=:<=?5:BA1>:>9=6AEC0B=-6<=>:79B;6?;@A)@?=A><;?=1ABDA=:=967DE,ET2D>;<@D9GC9>-A=AD;GC>:?=?B548<@2:=6=B:A@==>8A=<@3E@C9DH=9;>B<@GC3=;<;?9>;<88A87CH@?>9=9@@B;B:<7@A@=@9@ABC7;>B);:@@@GA9I8;E61B2855BD@6;7?@6?7B4;9?7F>:=@?8AB2>=H@@;ACB<@2E;<>7C:7=A1B4>G@E;A-D>I=@61B;44,@B0=??<;,?.E=I>?I;C89AB;<>1C?BBCE=@@DDO@>DA?@DHABD@?=8BF9?EBB7<>HABF0@D=IL=?;B@8CF)D9>C@4B3H@EB>D?8>=C>@GFH@@:A@?H?<@AF?AFBA==ME<<:@4C95ME8A2F;4HBAAD=7?AE5BDGLH=FA8@=HD9CB@J@BCEDIBGC<9=83KD@I9IK@2=D;DGB7@KIF::9JHMJI?GAB>=B@D<=FAJ;9IF:H?GFCA3?=B@F>FKH>A:?E,@=FAE89;ED4MHIB48EF2ABL9;?Q>:@3?D=@<9BAGB@9ED:?@C?A?@>;=I9C>AACD?B;EEBC>=BCJD?ASFEB0<;5DA?9A?7;:CG5BKDD?=;@1L:>E00F=:5AJ;?<7IF=CD=>@C?6@C;ACE?3>B2BE88?GB@G7<;2?E=@843B>GB3AIDE??MM@:?B>9DB/;:5@;3BC78=CD@E37>CD7=:BCG,A:0:>1=G8A;:DD1@H@:?5;F>)?<=J;<5B=68>?>=948?=@3>J=BB9<8B9ED=C?1=B9B78:8FvÿÿÿÿÿÿÿØh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ûÿÿÿÿÿÆ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il}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l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š©wTC??>88:A@GFIJOECD6BHBC4=:I>AD6LCEG=K4AC:B@:=;>?884=2I;6:@L7:CABLEA=8BI?E@;@=;HFA9AC9F;>>CHF@?C=E;B@@ACFC>;<@@7HIEB8A6DE;<=EC5C4CA@>G>?A>>A@4C@M@@=;;:C?D:?:?DCKA04JHDD>L>99C@?=DB2>GI@;CD;P>>=AAE8>CFH4@=@BCA7O4CAB;=CB3A??CJ@B8:<?>@@3<:;:KE99=AF7A6%GAK:AA=?=7@H4:C@?G?>68?C2??<@?4C4/?@?@=B::A@67AA8D@@?=1>??AAA?D7,G>@B78?3B?;;BDE9?IF>3><@<2;=/@A:?H@(>>@->-=ECL9<)DE0@:K?J:?78F@=BEA85CF*@I??C=?:A??:G=::9=@:<5CA;DBEC76:<2E6B?7B>B6:=:>>68E@=;I9286<;9>@-9;I:E<:8HA>?D@@:>A@>C?A=<@;ED2.>??@J>@?A:<9;<9<>@@4;<<89?C8663?8@C:B;24I3CC/9B9>5A@<@DB0/@(?;JDC88B58=-B:@FBDA;@>>5/D?>9<5GC<=7??53A32@5@:C;9?=A@<907>3A;897===E6>FE/3@<@D8:E?A6>0E7=9H5BD);>6@8:>A;C;=2@E9??D=F?;,=@:8:;AIA=9FA=E?;C:CBA7>>>D>G;=<>E>B@1=:A-?@;3909?=:7>D9/A?HA69;:F==7F@5CF66::@D9:>:?CBAA==AH>A?GD9A@BCGAA<8A7E;?>=GB=ADA9=78C5717;;7E<56HEBGF9B>4<5A:BA?9C>C>,3>F;C@G@AA><@3;;9,::B553>@E=?DDCA9:;;>?AIH@==7;CA2<@?:?995@3CCA=CG:CA?BE9A2>F=FC@B;@D85/9=@F<>@>B@;<=6>AD>5C=AD=5?BD8>BC?6JH7GB?6<9@@=AF7=6AE:B@E>6KGA.?FI>B@9>DE)<;J:;DBCB@3C9BOFGCCD@D8<>GH>>F@ECDA?.C78@=E@C:@A:BD9AE6G@J4BD4JIBo¡ÕÄw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v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ibIHA@EBDHD;?=ILAH8A@ID<@>BJ:F<@E2:2@K<;C@=0-B:1>E9:AFFLEMJL=EFE@36CLIECB?9E@@4FK4@DGFCBKD4E5IFEI:=>A@8F>EH8E8??8<.CD5I@E@:@A?B;?>B?<7C9BI?2GD8?2;G9>I>CAB:@:HD7B;?;@FBE=?7A9C;*=96AE@O:HEGB;H8B8AE@5:L=C4@AF47BJICBD=C=&CGD@G;9BDCA?H>:=4@A@9;MB>?C/=EAD@CA6?A;5BL><><66=8HOE?:;ILG79:IMQ@DE5:G3>EB9CH9>??>BAH?A=BMA;C>;9A5B>8@@:736@AB@=6@>EA:B@A:EOC;3HDC@BAK?9;F:DB<@A@B:AB>CA3B@=:6C3B/>A?;2C@B>@:FE98ABPAED=A>E?KB=B=P;KD=TF;BK;A1>>30?A4>&9AAD=DB;EC?F=C>AKDGG?59MK6A=IDDGF?I16@>F>DA8@DB;?5DEA@D=CAA:PF8AI=>B/@L5F==9D@@@=C=8?D@:78>;L:4?;FC=?::*.<@<@:F@G9FAD6?A>?=@7M?=;:@>M;D>H=926>B=D;<<>J;?;1;:.C=BC?CG>;A=1G>:?C6EAD2A;J@4-AE?G>AE9A?AEB9C:>BI>@J<9>-G<6:BA=A567B4@844=@@=?=9=A?98CA?>F:@EE@D?:D=:>7GCE4;DBH@:EA8;BIA?:E4;ID6G7F9GC>:;=>ACNF>A=8=A/=?I@@?H8:B=GC:>ABB>??49G?9@8AB=AH@E@?=<98@=:>>>DCE>=:9J<>?2AB9=D?HD?73B>=>?FCD>A@C/9@542=>:;8CE@@C9FFGAA<;><6G?@,D;8CA==<6DBB=48G4E:AB?A>?B;:,:6?FH;=,476L:>=5><>;=B@@F;22GB>;6:@HCE:G@>CDC:C;FBFDD?G>HF>G;GBCBB8?=.A><6BA7EDD89D@;C;A=>:>DAAJDH=>7?@??>>@>CJ=G<;==FD9:?=HE8>C=18B=CD;@==A<9E=4A:CAN68AC>B8CA>88:FJ.BF?6FB?;-A<<>A8AF=:8B59?=?DD?A::8G:?@3<<@8A>@?:=B898CIE>9>B?7D=CDFC9CA@DC<;9GB>B>JD@5AFIIA?<79@A=IEBC8FCHCERO^TKb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f:98=?@/@A@>E:G4?G9:?A?AAFDB>DC=5>;A=:==5F9E:9J>A?;AB;F9E=?B@?2BEBF8:=?A@@?G>9C;A2??:>B>A?@BD>D@=.B/<4BD=:A7:3;DB9;;;(<=DE>@I?A9B4:B/96=?7@>>=:49=5A:FE5A>@74A>?E;<9;;4BC:@;3A@>:@;87':>AF=8ED>9B56=>4:DE:G<=:9:@;<7>:@?BD86;;4?G5=D?;??A=GAAC3<9F@@=FB5CJ1@B:=;>DB=E6@:;@>=<<;46>?F2A9>A=8>=@E;A<:DD>@:A@C@7G<;67C/:9=1?;>AEF=GFC?3HC9DD:;DE>A86B7=1<,C@F66G<>A;A7;D;B0?:A4D?6:BA:G<;;B=;8G6:<798;?H99??:A>BD=?AEG;D5AF-94=/@CA;>B@6>B?F4;>FC@4?E8D1,&,H758?A=;5B39A6>@6G==<:?GEG=I@FG9>;:@=35I=E98?@G?345>8>;C=FDGIEDH;3>;;<@>6E?:4@:@C?EED75<9HH;FEE=@>L-A?>BCBBF;=EA:89>9>A<=>EI4F?>H4C@F1E;>?=6<469BGB>B;BCA:==HGBF<::DE>A478<FD@>E0>M=CIF=<7=>A:?F@>B?=>9K?@D?*=7B:>?BAHD98>8>F8;958:7BA@C@>85/,8D?9=7+=>B7CA>G@GG?@>FE?ACC@@I;DB1N@DBA?=B.:BJDEGPK>IK?A:E?-M9<:K==H?<=@A8CCD>:F.B);>5=9JA94PH6B=@GBA?5:9?BJC>:CFJ86?6?BCAB=7==A=:9K7?B?;>F?9@EG@DICD@?>H;C;@F0@9CA;BFEA8EBEC>@2NFB=;D6>9A;4:984>EKAA?4CE6AA9@C>EF@P;>FAG76EB2E>6FA:CKB6@BCE@==B>2?AB@>@784B*B>@D<8BE7E6>3;/><3<5=A@;7E@8?46>8CAD;CBJCMA=?A3F;CCGF<7:1A;A?@:;>;;E3<:*>BJ=27@>C<:CABED7D:BA5J?D1>A@7==;K-=-I;:=F1BD8;3?;;B;@=:FB9>A>=A<:,B?=:5DB:9E2?7B8BCH=:>C?AC:?AFE>@?<:;@A@D*=DD<=C??:ABC<9?B6C=4A:BEHB7A1AJ945:?@CC>EE36B=84A2D=:8HE<,??CA:=B?:4@=B>=HA>=:9@?1>G:A@E:C>@>D2;8A=;A?;>==:A:H;>CDD=?7C@>AG@I9:;)BC90@?9?@?<>;A>?<8@;:67<==;D9<>9@4:C+>;?:B:5>A:?>D9@8EE@9<2?<<;?=;>B@>=@;C7<8D:>J;H@;=AE.?<<9D==F.A7==9?:9?;:B/<6:>8A7;=9E;::D@;=E6DA:3C9C??;8A6GEAE@9:<;A9=DH*?E>?B;AKAD7:=0;9@AB<5E>C8:>@>88=;A;>;=<-B?91A9<;>?HG6EF<=9<:?;%>C44;A3>8C.B*=BB3?D947>;:@=.?D:D?D?8<:7G8B=;8F:;C?B?B<-BB8;2E7@:>=<:9B;>F@BCDBCE?9;A@5@?E8BFB;7A=@>>=:AD49<6>=@FB>A:EDF@5N@6A@5D:@7;ED?6>>@/7BOHFA@3A2I=CA>G8DD;CDC;>BKHGJEE?>@GELCDH<@HJ=;JAB7EDGFACCD=?I;BEFJDCEAPA<@=<67@G@>@I987B-*DD9>D@0@CG>A@C?AE9.AE=8>2AN3EE@6DFAE>H:<;8@9D;;9O=DPAC?H>CI=E?A@=@@6@3:GEG4G;@3:5>=GP60C;?DJBD?GAED9<>L5;FBFFK?=5@?=?AF;?AA0JD>C?5HB7;;DPCB8A7A=9?A;7C@8=G?D)I6?8<>EK>?F5C@6>55GFECG7FB@<9@8E@7@;A*>MOCAKDDB@F6HF@.CDDF:C04FG@8CC;GCA:5H:GFC=GA@AI@DAAFH?==;5IDA>BA=>H0>BBDD:=@,CGDE4J>?QCA=PG??E2GBIBBC?5CB>??D;=A;EFMIF>FJIKGCDE5>BABH@IHCCYD=BICBPIDC=4>AIDJE==5EC?@>?ELHCDBGFELDFDFEBF:DE<7>DK9BC=CAG7E=7E>?8DAF>BA;-@E??F739>HMBC?EEFB@B>EC3AEC4?C@6@E=?E95F59I@;B09>>ECE?8;<>?8?F=H@@E2EAD?:9F=>FD?CFC@CB@?8C;7E:6A?79@CA?J@A@B@<,@3>;4?HH@GA<7@60?A9B;>:><@A?*7@G:1A<<:?A:@>EC@DHBB:=H@DKB4>FG=C>>8>9JA>/G94?5;3A@:????>7C4A39A59=CB9C>5A@=BED7D8.?E8:;@F9:;B@:6@=5=;@8?9=G8D=>3C8G:9>;;:>/C<;373:2;F@<898-;@>1:A<9;G1/2=G:?>7@83<8:56>C=@D7@=7A8E=C;>F@I8@<231BE;:D?;6E<>64C96=>BJB?,:)DF-@AB6-C:=G>:D=><<CC@:>5D91G9AF@@D;5::=8:=8:4@?9<;@FB:<9<5H@<;<8?>8ED97=B>.@=CB<88B8=J6:E@8F;:?D>AA@@;77@=?CBBCA8@>>DDA=F6<5BFB?G<959;E@?D?C?:;/EC=92I=E;FD@B@CAB4@??I3B,E<>@5?>B6@?B<>@3?BC<77ACFACE;BF@E@DB@@GACFA?;AI>@G3K=?76:D0E==ABE>@J@>D8A?68FDCC<;8E:?>B288@CGNH?BG:=9B=ELHC<@GFEF=H??AK?AD>FNMG?D?:?=H;:??HCBK=:A?DF7>5GB;AKE?ODG=@?K:?>A:I7?B>IDI=GAAFB<<72DA7=I=BF>>3?C>?BB<8<9A<<>@:EPI=<=E5J8C?>AIF>6;PAABH;I>BEB80G=@6I>=<;DN?AGE7:HCJ9;H=FFB2<@=F=GE>BH=N@C?9<6<;E=EC6@H92D=HHAGB?:EB9<>F3?;0>FFCDB55C?CABFBCBHF>F@GE:EGEHE>E7BEA;CFAFDCABACDC8MFE?FC=?NC@;9:;G?DJG4;B5A9ME:?>D@K5>9K3>@L;;>9DA?C:??;=FDE@F@0D@DCI9C=@G23.>?<;"EB?/B@<:JF:;CI7CA94@A@<A>A=59/ABDBCLED;<8B<@=>?FD>@:?CA@;?AA5;>@C?BHEG:=9@D85F@D9AF?D@A<<<<4D;8>2FC;<B9A<@>?93F;-@A<>4C&B>>0E+@D?=?G4@>AC=?>A@@9D56=:@E:9E6:5D9768@?=>4/?>:?777::>@E=D;@A>??7;4>99=@=@@BD88;@<@;7A7;>;<@=98?E6<=?=;<9@>@<;@B:<6>78$I@D;@;@>9;9?/A7@C3B4;@=?A9C;B,>CF6@;B?EAE>C@<@F9?;89D@>9HA>A=D@?4F@CA1A:.7@06>ADC@D;E?7E=9MB>B@:A=G6>;4>?;F?<9?G@6E@>?=G;H7A@GA>??E:?@DC@CF98F68AC@;@>.DA?>8=G:@E=IGD9=:?<>E?FH5-=A9@9=:@58?BBE9879@<8@;AF?@C2?B9D=74B><::C:<2?6?@=A@>6@7B?F?;C?:EDCJ@AGGEFJ.B9@@A9H@:8CGKB4>AFBF@=6>FD@B;>/?D??;A53/9DDF?=1<@@;A6D;A1D>A=?D7=B<8=LC8?DCHAI8BACCCDJCBG>@7AB>?BFD1G=DA?ADA:A9GA?ABCEJDEIJ5@=O;>62ACCP@HIBB?H69:7?AG8@C=:D>?;;7<:G@7G;:C>ABI<@D;DA>FCCKBC<8?E=?CJEC=B=AAB=@A;E>9B8>B>>BA8?87G>AIC7D1CHF@@G6C>7@FB:K>A?3EBD=LDE>=C5?H<87BCCBABDE=?>F;J:GCAFEHBA>A1;;7B5AC@P=HB9;ED>)I>D>@FB6DAA=*DAGH:,D8H:@?GB;<5EDBLBE7C>ECEDJB?;D9J8FH5:HE?EG5GBI?I=H<@?C>EFCAFA9N?E9=?4?:DAE@9@<;1ALB@J=EBH8E6>D:EDDAC?/:98IH3@.4@H=85@ACAD@7BF;CGC3F03AD;?@C>/(@>??3D-IA0=8B58L9AB>;BFC>=A?>GN@CDBH<@=EB4>>C>KA8H9:EB?G:8+A@7>98>L66DHDAD76/@B:4A,?>7==:@3H@F>D0D;2<24B:?=:CDB==0>E6;84>>FEB9==<5>?7>BBBC@8;B@889?D@7;D*B:4?D8<66@@>@C?;5B=6E=E4?B;B?=>;655F6FC=;=4;C8E@E<<:ADAA<==B=>:9@FAE?;;AAC>9>58?=A<8,==?=H<;;D>F9:>1;=G.:G28>F>CH;79=A97=;7@;;97B;@61=:@GC?;>D8:>LEDGH>=4A>>:>E;7B=@B=>BGHA?2GB@-A>C>04EFB?*@BE?F@E;ABD6D@8JM8:A7:=2H79C;D@5:@D?@=??D6=:B887@:D8@A:=EA?;;875@=<*C>>=E?>>=?BA5F9FHG;<=;6B=:AE<4>C>ACDBDCI<;EC@<@@1@C>E3;C>HA8B;:K=95:@4.:@@?8DGE>B>:?>A9B?7>9EAC3@=??>F=CB@@8I=ED><7BCC,E2?>9:>C@>=6>?>FB/B@27BFC6A:@09>@IFJ5>EAH;J@BFF@==EF?=?==Q@BD4?DHIEG9B9>FD;C>E;FGN6AEC?>B<2B>=;?CCGE8@5EG@6;B@G>CECRH?AGA;>?C?5DF;6B?G<5p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h¬Å¡ƒ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ûÿÿd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wòs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k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‹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m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qm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b\me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aftVxb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bPRQfp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enNYEBA9:55>6?L7?E><>><;4BD5J?@A@'A37@@@@E9;B"H:4F.?67J:C>*784BC<;F;E?CFL>F=BA7=A.A>;A>?:B=2GA>DA?CC:CE5<>B=?:<=9;B@;:1<@E5>FE";@=9B<2?AAE5,D8@4?8A>6C+C;45DF>8GAK:AE-H?BF0C/CC<<47@C@D@=D8AH;<,F@E<5?;:=EBC>;CA@:@D;?+;=F:;=E>@:@6:=CFB<87?D+@=<@DHBB>G=@DEC:D4EEC@4D?@FBC0?:I?GE9:B?@>CM=EFBCCDI@8DBH;?AF:@@@?38B:@@?2AC?BB>?C?;>;@.,<9IF:?B:C@5L;H8G;@>GFE3;CE9@??7;EC?;AF2CECG:=98ACA@B??>DIB=>8@@8A@?CC?C