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:98624625 0 NOVERFL:-1 101 0 MINIMUM:0 MAXIMUM:4553 NONTIME:0 NLATE :0 FILENAM:fastscan_01_0045.sfrm CREATED:18-Oct-2021 12:16:47 CUMULAT:2.000000 ELAPSDR:2.000000 ELAPSDA:2.000000 OSCILLA:0 NSTEPS :0 RANGE :1.000000 START :44.000000 INCREME:1.000000 NUMBER :44 NFRAMES:180 ANGLES :0.000000 0.000000 44.000000 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 -1500 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 :876.000000 241.000000 AXIS :3 ENDING :0.000000 0.000000 45.000000 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: ...............................................................@8:@2A:,E36@9@1;?4;A=D6=E<>B@DEC>=B8:8;??3<>=CHB@=:=58@A?@7F31H<99@>NF@6==@>9CB>A82G"8#J@@:B@D@H4B;:FI:/4/A@B3@?>C5?77C:J9>>53=;>?ML>B;BA8;?;7A8EA8@9,D7F5E2EDNG'18?BCB7.A9>JJ>71:=>JL(9E7.-C4*I1LDKB=7%=HC?7<(AE4<7C>D6<>E=99/?DE8857+HCHFE??8GF>6>8DC;;=8@M95740BFGA3?@P1>TE=8J6=6B:C>A0$5FAHED8C;;BE3+II;C@%7:@GDD>A>CG94E1L?82?;GN747H>7IFVIJC09@;5KN9BB;7<@:J/AH;E8A88;?K=ADA;CFDAD)8@7K>;B;=J7:8352E585H@:/A::GE>=I>PMG8D==6CF@AC6O83?TPGG5FC=988M<7I=.3<6E9K8KS6*BH:O<619=88;E:B>ILA>B;=7;HJE5A);>O>GGJ>BF@C/-H92-2?CLHG;<@7CQAJ<9@<@4:1$HD<<48;H;C:AD=4A?C:9;B<8E>C>8BBEC@?B:C<==G=<636K'?>F:6>:H=>>J?A;FC?AAEW3'@CHC1BF>8<@I:H7P7A@6JM7H9KPHI7O2EA;>1E;=57B:E157E>08>;>EC>K9D8GC;2:=CJ4:;E;=9;@60L;M@CA7K9H1E:F;@I@I8?114KE@E3;)IFAIBC8)<7B;39C+3><7O(:3>86A>A833:B5>AI85I7>5EN=AE?@FJA=D:BNI268A4-62H7KEJ519C8HG99B<+3990CB:A:@3AA0>;=GDBFJ25NA=C*E76A9G0C:?=A;AA6-51JE-,A?A=+9EJEDBA<@LEA5C@=E8BEC:B=<@MA1I@:GE4?@F.03H0GD3=REB<><6BHE:4GF:BOJ>@GDBW:7+KOECA8<=.JAM69LE6>?9DF>D?C8H.F<;5@A0>;A>C9E?QE9D@?H@&LGFBCCK"<'CH9)6G55A?DA18?2H45>EE8/LH-;DI4ND3N@L2;-;/A>:3F=A88*D@8D59HCG>4:G.2>2E;FA<.4?8>7B;3@<:GG?D@.=AA?4C;4D=?;@;9@A=AFA9;<6?+3AAH>A:IO=D.AM?FFAA<,CDC2DF<<@4H4>F35@H@C9A=@935>6O9BF=@A>I>5,AC=?9@;)2@>A1A:=@:>PDCD1<=:*=DG?=B;<8D;:A@A=:64K=><@D*<4=;;?H?9E7AF4=A;G576.87N>.<1/=C=1?6><>8JFE>>-5BJM0.3>ICM968<>=;C;:FG;>@<4MC:H;7:>DG3;2C6BL=@=?2D=8E9DBCA;L;9FEP6G>@;<;CE@7=8@@A(BB@I?.FD4:>?E?<@4@G?D;MH>G>GE:-1C189NA2HH88AA>8EF@H0:?19>,E;=N?;:1:<@@4:?BCB54<6BE0>IA55BEGA<;>E?21F88HBBAB?7?1>;IB@384E=?6C??JKA8==7/@E;BO@B2F;O@E=4GBE?0698DH>J;H0FI;;5<<@B?5H@===7CC;EH90=3?9FG2A:C:I6CFB=1<1?8@A6CG5D=:BAI@:B7L:LN:D=B>2<;BDC>E40;=:>/FCC>MN@@HM27>@9C>N3IADSLBB=C79CQ>;89L5>?MC>B5B6F>A2?@4F7DC%)/6@8;49=4JK-=2;=CIC>(<<89M(;=OC=8B=?>GA=68:=M>+D??9>790+86E?B5JD0+;RB29?=A(;6@DF:%-4<4AFG610BC>G699K0F?,DKX@B:JD7AJ7/<5?A=ODJDJNA=G=FC6+65F>DD>?=C>DGB7:JG9A>?;05G?AG7@>$C,?-9>LH;0KA@@EA>C;FMDCBJ94B@EE??R6IF:2@7@>;IFC@6?@=@?C>7G;R/K;6=>:E7HKH2D:81H8DD.JBECCI:68A8H4BG=4B5,I8>+8@'J-<08G5AD=.0>53MD:;/EIG6;A2C@@94;@AD9;/D<8I7L:A;0/B9=I=AD13M637=?'=;9=I?0A.<7K:NJ>A099ECC81D4*MC@B?K;IC;GHCFH1GECB?FB79I12BI#3382=A1>7C55;?G?6?9GD:2B/?D6<@4BI<@2DFE?46D=G>C74?A970?CEBJ>96.JCBKH?G67;C?BP9FFB3(H9A8<65AE74?DC=K9@H>>L=:?@8AJ??DD:C=C2>@=<-3-9:8D@AEGC=C@D97CG;)C>:A8:E@;>BFP<@50A=FFI.C5D;@DIEEJ;3;.8FE;8IE=A;B>2;E7834?FE;40,938D@=<=C>D?F?FA>FFC8?DDA/86-GA:;:&D<,6;8CA??AA;SDDB@<=>/IC?>D3@);7GE63>C=>=+<<.6C>G0E>8>@;FC88U@K7?5BI7+<5D=:E;G78;=<@?47-B6A64IDC444??E=EA@7;6=="I=)KHLF1@@H@;8D9G:>RDEC?:=CE9J:>AJ4AAA@D?J9GK77E.?J@CAE85=?5?F:?;AKE74H@GF<7F@E7:7;MB3B?;4GA0.<@<;:-:57>BB;AGBORD1/ABOC&>AJ8CA>?A9@@:=7773?ML82<->D@76U4HI8>P>H:A5;5H?I9/G8@H9CL?+6??/9A@F4A599;B.6I@D4B>N%HBAA>7=C-JCCBJBL9:AFK294K@L63AH?5L6CA*G:8J<1982LE>A63BF8696D-B;?1?7%6;?B-EAHF0B??29;5J>6?D9BI/KO'A=EA?C5CHDK?5=D:1@?K,E=G;9C=HF@5FBD=1G;6:@>LD9F9H@HAJA9:4G7:<4BDCAED/9O>3AE;G==4H4J@:8BHD?>9J;>:GP4CI5I-7C,BD=8H<=@J:J@2>7>:,=2-I>3AE3AFFBF;8H<@=;90@G9-25=B:077+GD49C;@:4BE=;D<>>F?:#:DIFB49KBCHHC;F?@B8DC8D0;<:EB?>JKD@'EE8MB5?9F:@>;HIFJE;??=B;EE@L:E?1B9C/BB3SE7@IJ=JJ/50;4;;83CE@F:DB@;DC7CEC;I9CLB8=>A7S=@?@?A>@BR=B=:4;M0D=<(A?9?3AAA+IJA;;8?:><>>;I9>HC@F>B3CE5A9>B916L;::A:C?EC:B=>A'EA>=?57@&G@>HDF8;9D4?E>6F1B9A>;6E7G=3RB?8C?K@G?;>97DBCI9H9G>=5DK?J9?JH?D@)3>;A:4HAC8D8A?D667AHA@A?88?:JFGH3E?EE<=*H/KC=A@9:5BAC;AFF?:@58/=@;6EACFN8::B>A67?HHB>H>3><<(9I?CBCAE=BF>19@99=7FAK/6=;DDB@24C@?E><:BB:9JBH>;C>C@:974>=>B1;>J64A;I89>61K728H1KMF>7DC3<20G4H;)<@FHDI=9E?DF2B96=9DH;49F>>H==?J16@?F@66;8B???3-:I4CE=AN-CC(EK49H;D6EHA4B628=DLO92><<>@,>>=*E*<9>?KA9<<H?=:?;IC>2;HFJFD:@ANG>C#=EHG9@D1E6HF;9::6<54J@=A.A9FBHAD>5F@=E<94IA<>;D:+M?=AS96:F=AF@M27<69EH?@54BD>7A@GCO>;2D?L>8217:<=?9D;FF64*7/@BI,L<8?5869B/>@A=<;5.@@(6<:%>I;AD492)C4<;3DA>@?D<54DE8@G@7.2=4?7?C7E4CBH@?@F89:EH5CGHI:H1<@=D@@=H246DG88HA978HF<@BC=7:/EG>6<<83K6?DG1=CC58BI=>>BD=B7J>AK?A/9,<>=H:@B.C8E89;?/=A@HOB<=DB;(>7BI;BE=PJ@A5J=OG@D@4DBEBF;3A9E8KEDH55;DCEAG>E@<%?N2N?AEI5JC19:>77JI=EKGJ:;D:E>E3>>A39C46;QB59)3@E=@9=44AD8B;<02D7C@=A6AHH?GAC>?T3E@;=CA?=@=C;86=A/;?@C7J?JG7<>FD8B>>;EHA?>8>:87:>;5C76A/1>16C8C9LC?K=@F?5>>FK+C;9F@CA=35@<28CA9F2F6BB8>=:31MA8>:3AD5?B@67JC@?0C3E>7G@F;G6=.BF:DA90A@GK@24?D>C7C@-E88KAK:3K)=H?@>@63.-.'9?J:>@HI'@BG,D79>E;H-I7?D5D3;.2FBO8E==?/C8*IAB0/96:MB-.>29:<4<@B;35;F5A883=5>@7'-E6@@2H@?>RC3.9BJ*/DF=CL>?19?B9DGEKK;HESKGJ;?:E=>GFDD5G;A5AQ=H9AAGFBLKHFB?MD895ED:JCF83JCED;E=5;?>CCGED>)8J9B729DJ;DGDF><>F4G6;=C47;==6=7A8FJ69B><7>@GB=?9:4@@FJ49@A=F;:;?GBFC7<:?858(K=97G4D<>7DE=-AC.=6DA@IA*9I@:D@9G0CFDAC@=KMD><7BG?J=CCBE:9>8>9;BCH/4?F3Q?-5IH?7=.F5L;85D>;B9A=D@I@BD,5EM>A0BG4:@L794T8?@06C4F@F6H;EJDDD@IIE?G:33>1C6A?DA:D;@8:?:HD19FDDBB<=B>78,<6BC9>D:?A9=A/DAC8?5TGF=OBJ5;FH<:5G==H;B?DQ:A:LA>:ERCLL?@@2:=8/@I>=9:?F;=A6=:.MMJBA1?BFHF22B1>5<7OGK7M+B>G9AABHAA8;<@KCI>0>)D)ABI>?C*'FLLIACB:O;29BBI@B9QBDN3E@'D;8:=L9K::K@E;8AEDAF/0780JA>=BC!1MD;:7*>C584CB:=0,I:A5:7GO9/JBF-/5B:>GD968CB3?GD:A?B163;786C@ABAR;C7BDI=0E>?NBHQ@A5@CI4KEICJDCE52>CE9AG=BE3C3=EBKJ:>C9BA?E;AA-8RK<7=6;)2E71/17768>4=C0=07AC2D8F;363A->.8K:94=B9>@=?:95H>D/E;@?EN=@==865@M;<>JECFB6<4@8?>F@E=4ELC:8>B=D3?:B>=G=BB>MBBCM3DE?@::A>096169A;5=>C5?/;>6==E>:IA=ACBCD:D8@7=???9?K;B>A.9??:C@E?7A27A>7>?8:9CED>J(>4=>C3?3ED=E>06A6E:<4==DF@>C;8<:?8B;A5E<:A=EFA7B:FM35,B@2?@:.8?H:;@7DO><82DK>:==C@>0918EEE<7CAHP@:B1H;F8?;B7>A&@2BA>BC569@-S88A=?89;F@>9BCK+=F<=6G>@J::=DN@43<-/D79@@@8/6F:;158=!<:5:@:#DA8@@758IA,:@ML6@>E<6H?@CFN<>J7D=N:?A.ADH6>FBGKACB;I9DD:6EBN?D=3>9NFGB==KAF5HFEJ8=B@7AKNC.FE;@E?JBALAFAEHF?A?K>?9DE?C:B9><E8=?AH2:AD9=DE=>?G5K?>F8HH:@:FALJ8=FC2FG;0=B9<@;CBJ@EJ=D?;I?K83D4DDIDDACA;EFP>:E5G95?ACD:CE?DK?A;CD.B>C=MEK>E?1HGA33;@@==J=F-?EN=CA0:6H:4G,<<9=H.?:BI:>9D7>?7BJ?JB3L>=>8>JE6DB9;BC@=206277K:G'AB7A99D@D,AI?A045?07EDY=AC(C58FA@/EIF=76A@FAC<=2AJ@G6D/>A82D+B8CBDF?66L4:D?CK>?OB-K:>8-65494@96@=CD=>A7@@JBH2<1?<:;F3AF.=7:.@???KEGN>?DGG<;7?CCI?B<6@B>=<5A.KK7AFFC@+720H9B>>K;A-JE@@<8I46CC?9;5FLD5;?FD?CB699212<934A:<;JBI?@<@@KD;)ABGPEA>9@>84@=,HK6@?DL;M@=5=N/B>0J>8B=;8@@,>>0:GCCKE9DCC41;@@A@G7I6NBG9@C>HBBD;B,;:DE78;=A34A=7@E:E67BL7H-4==:?8;:E@;<=1A3>?57A?:?C0M.B@=5;BDA677B6?5@=4(BC16A28:9689?>4H8@;1:?EEA5>C4H8ES6ACB6DI2H/J@93CFH<@0071@A;7B8DGG@B0@8HD;E8?14>4CGD+AD7?BI=@3I=E78?9B2D8EA>;70;EH:ACDA;75;<8?6B>?=F;HGDCF;:ED>C17?C7HDC=269C:>:6;44OHG/:,B7/L>EDA?BO=>@@EL?2D@HGG5E7DGJAC8BB>N8.I@BDC9$8;A7R?3<6B1G>@$K:G@G=BBGA?=8+B=B>8B?MA9?H>FCJPB-+7D6@?59@EE68:4>A3BI7E58@KG:ARFG>@5ABGDFG;C+BI96BF7F/>AIA@6S<;?>ED:E9HEB?8?JO7=2B7;A@HE@<8C.D=E@L7G=>3>9@BG2::<<=6JC9BBJ4G@4D426=EG=HA<1.>>FJB@7>=$?H=8A.<=@E?+DBG=G9:6E?D1;G=9GC?GI@0=7K9/BD@AE>?I1E=8>A;@:?GGI=@D;8ED0B26??@D?=8C:BAK5@:AH7>NCII?K2B>H/EAG>>7>:D9C8B:G-8J5>?N<3E;?:+7D?;>6J<;D6/@9G=@<)H55+?@8G7CG9<8E?IJCH8A6BA;HGA7HCQD7:A5K01A8@H=-F3?45889L>NFC49>8>J0BCDI7<6ML86*2:1>BQA5LK=LD<&J0JBCANA;O/79H8K;9J/IMGBKGA4E59DI7=ACLE8A@=?<6A7@@:F7BFIA=DF1A@1@=?3D;D:G@4F95CH?7KD5<-CFI<>8DC(?18LF5CG7D<6A<:5.A7BBB&BC'D6BBE8C@5B,=C@8ID?<6948<;8=GIFC92B:5F75(E=E.:?*?J>=:/574:DDA1=A@=>DFD&B>:6L5H:8C<@9;B850;?=B=A/GAC0BBC?BJ;A@>F>4@+8D=5ADA=?6BCD@47B;?A:B@:M-N>96C?DOD:4@9D8?7:;2?-IA>L155=@HF7K97?C-AB5?C;,?C??C<=AH:A<9AK4I?F>;?<=;8FGFD/7@3>@@9?FBABG67<3DGM6IBB<7C*&A@?BA<8D6)M=9DD::BF?CFGA)>@?JD:HGE>@AB=K=:7LKE4?HGAD0:I=9CCH4C?A<8.8;=>;)K@B;HH;=?JDD7:)>IA@:D9;=1>:;27>D>F;9:GA5=.9F>?J8<4:/?I:>D:K@A9=@8GE8HA>EF7+KP>+::IB95CC:?>=7HAM7@?34<<=>5/-92:7@.?BBCI@89A=I@76?B8A=BB4E@8=5A7:D9E;EC@;<:=>@>8A;29B?D=B@?4=>;@5->DIAB8ADE?D:45;F5:=D4CD3CG@6EH9%8)9AE?33=N:9G9:H499DADS77E55C>:GJG?;AEQ35GB@>BCM@74?@=3870FF4=;3A<:A=85<:BCCB2FD-3AFL47B8>=4JGF@HD:C=B96JD<=0JCBGA@::4EIJ2C99<@+>E==CCM;=DC(:-=FA<9J/E08E=931JFBB7?BD6K<8F;=86P<=B?85<=22>;5@)E1C@CC@A0BKJ9F8C75;=B>399CJE5BEK3/LH9BBG<1M>>2>J>7.6@HEF?827>B97@E5>G<=,DC>2LDC;:BF86CACD>7=,B?1CGCFA354;5??C&,>>B84@83:=@7IM0N<4G3B53E4A:DDC60H1EC>H7KA>L3@9EBC<68G:5A3A/81?9D6@=>D19?6C-;<@2438:>>H<7M=8AA@%GAJ@JF09@@?N88<,'K>FKEDD;AC(;=849A5=A>=BO<>;5:6=9D6G4LDMFBP7=HB0M9E5?GHED92D<66A5@CC06:5D6=CJB?CB?H%H4:KHC>E;?D<>2-9?>4AJ>>P?<6DEJ.D?<==4A:=<:47@BNBDBCDL+C93A;=E>E:H;B@1<;;<8:H@GDAE7DII9?/DC=9,8>;>8D@6,DCFB73==BE>K689E8CD883?J>F:?9?<@F8EJH9K=;C6D;@67C?7.D1:KFE=TA89C=:GB@F>B>:A/?4PH?:4?9A<=16C:<>A>;;B?9:4A?2>7G9@M=A8HAK749@G:72BB;B:<<4A<8:B/@A=G?:?9@D4*8H:>67>5=CEM97=:3QCDDC?2F6ICA86E:;@><@ICDDDEL=A0B==8=(.D?B@B;D74CE6D.6?<=?8BHH:C2?B6F<8;H?6C24@>8GICHN+D>483?L-8@E?2FK9A4G@;73BF355G3<=I@>DM;;9;<9L>>J>CGE=5E3CI3?DI9DIQEG:PRBV?)?A94F?<>L@<7;:*G=90:;:B.?E8:CED@=4@<8;:DD<+CA?07M???D=4G26MK4@@DBJ:;HAC<=GI:=::JDD?N@5=?:<;<@I?7<:EA81DE:G5889LBCFBL=BBL:;7/;?D1=9KJI:BP2/F.>CCIAA=D@J;EB;+AH8EC4BKF<9H89?=;B@3.91/DM:?AL0:@=152@8>=H<@DFC;A;C:FJJ>=1NA:CKC:A36@<3A6B;;@A'AJCDI=B@><#A;C?I@AJ;ANECEE@AJA6C>;AAHF=B?;:KCHJA61=<=@==FA:J?9:G3HAF28H7A9;9@GEB;BEAC=*6HGGBG:CA3FGFF6=@8:FEFDD:1(@G9>>;?CB92ICLBE=G4C=?;F57?8G82B:=8BDDDH3?<@@DB;JE@C0P<4Q@0N/C=D5HE6:?C?DH:C=?0M?;M79@<2E8A>-D3>1B?C=;?C221NG<+8?@5E@9O*6FP=CS;8>I@=;>G@CF-G94IACA2=>GF8D;J:44/>IEM8$:4C2FC@DB?M7>?=GFCJ<=E=<,@;06G5@N=KDE,SF>9FRB>=/C<1?5>8;I*A)?@@1@-79.6F::9::KE6.;A<*-=;3B?A><3?3=?2@C>BNB56C6MC?@8<5?=@<4;L3DB-6DMG1E:FC43=B-H@BBD>MIKE2E;EE19)59@4?-CA@7NAAJJD835:4BG3B;AF6>A;5JFCG@L>D@MB?>B=F2:=83A<8=<=?E?=6I0AG6GCCE3O44N<4;:CG@=FA4E@2A>I*005QLD;DC?5>00A?<4A@J71B=BF=9@E1=D?=7<=I:E5875@>ICA9>/CA9=;?E@=8<<>0G@K>8=:;E=>1H@9AHTGA;ANFK>;=>BJ@7GKDF=4G95A=M@GD7>/77%;=7797B;A:A4A6B1:@<C;;<8@==B6A7EC?;@?JB<;BIFCFK7G;DH3?A7@1CEG6CCK;BJ8B:-;$F=6@E56<;G>;&48;/AI9F3G>@9D57K7B@7:@>/=G>J;7FII8=KGO0I?DJ*9GDBJ34BHJ6JAAPB?K?<22;C/K:K4A@?8H?;>8ABA;@GFIO4CL7F79GGBH=;7=G@C=O:IB5DO:43DJI=ANA;8HFBNEB:B:5:48J-CIGH;D=A0-AHC7?DG+;>ICEC,DH6>>:B8@-G=A@@FF3CD:K75G><>>BMHC?FEE?:CA;65F7M8L3J)*:-CE7?7CDE6C>FE;@?>=C8*AG2=9D>M??5DH?@1B>FHF==CB9=J5=9P7?@/CFE7CCEF>>9KC?;C<8F>E6><>=D@G:>E?=:>C=?:BBB=F2F9<>M>#CGIA:5E@?=>5K886<6?BBN83CF,IHA@=GH8<2A8>>>8CCF?0E5.?4A4H8JAH+@6ADDE;B.NF?GD=8>O=A8@0<>>;8?J>/9+?9D;71F@=O@?5?A9K9A25?/KB&?GB>BMIB@F>AD6F4@3KD@A:6J3PR3,0=F=9CK?AEJ*8>E@??.88MCFC=6F,C><0.5D2<>+B>9@=<6HA5ED?=;2CI0I458::<3<0;;?4'7@695.=6>:DH?78@AA@OB:DE=B@6C17=A:59B:AA=,(:H9G:;H8>A9H4<:@93<52?38G;8>C&7D/9FI4E0B3AH7EI@A23KN?/A::D4/3GBBCA7AB54=B@?68=KGF=?@M8.I9C;?N8=FI;7F<7E6D;BFG<>E;TA@+LG;A;35A;J=,07:2JH3=85:,?;8CF8==@BP?>C?I1?C3BCEDCMBGBD>1B7?;+060E8DG?=CF$JCAG=;E99-8:5D>DL<;895I4:5@>EJ@91G;A@<<8??C4:@?7AI?6L>BA ;=?-A;57@/HGF>IH8BF4GJ=E;@@BCH?4HDO?CF=:D+7@G>BKH9CEBHA;=D@/E*F37>C?9F6D=AAA@9D>8AA=B::HB5O;BCG@:>F:/F>6L>EJL1H3GL)D6G=EF>F9J7?5>4=M@DF>48G4=C=J?Q>7;BH;A?AJF;AC6QHNJH>7=CJEEH:3E8>@G@79?E5FAGB7FG>=>?3:RA?<>6F?4?E=>7<88=@D-=8E?<70@<2;>F<=;?00D7>?HB><9>=E@M9D22F:7DAFJCDI;>;4I@=:A98=LK?@2/AAC?J;@2;6H?>AN?;A7:C7>@7<<0H7@CB28C1E98IG@:CA:>;B=ME>ECBI;BE;M+5B9K:;C@IEK@>FBAC+@BBE7DHAC5543EB?=7EG@B+5EFD;@44B@D;=9L9J=;1<:@G2A6BB?=9BD9;=AH7PAJ:>;:CDFA2=@A8BE>G;FJB=FHID3B=;1GF8?DGH8D;>I4A@ICKFBA?;>>5D5.KEA;BL@?W<@<5B;A/7F.-K?>4ABAKB,A;IA9?:@LC?=:@<@D,:Q>?>CE-HAA9AJF=*A:DBRDE<3>=FDDKA13D-AGJ8D>7:8;G?A=A:=77IA9M38C2CF6<3L/E@?LA5B=C29BO13?GFO<<96BDF1G;D@C9-<='M:A2A,JG8A6>>>AK>@6>-HB:9:N86:8BH84N:A=J>9/7J768KDPAH>GIB>;>DJ>@6B8J@BACAM34ED554.4L6HG68=9O7?DA>40DA@@>ABFHF6DB.E8>5755@K<;?C:>GJ>ABDP?8@J8G1FEE>>=E8:);7GJB;;3?9>5E;:@H3D:2L=.G9=N>$A?A>I>74;=@F8GI187FAH7?<7N8B5@GHF57AE49NG::A:PD?2F?2;76<5=9.<=>=>1GB8=C175?4ABH06C>0MGA;DCEA>=?2:0DBG<26L(D8EGJ;>A?38>DE1K68>3>/*:D=L:H?:'=<>D>DH>D5F>G>D:?8MFE:@4GB7@EFF>KDH61DH;;9CE0FJ5;CC=6;=9IBFA>GGI4,F1@HNIC;83CG=OE87@;:D?0=D=K:BRF>I=J@3K@B>MC>L9LF;?>DEAADE=DKAC:J=7?AFF2A>AABBC:<=ED>C11JAER?R@EAB9:@=2?=;A=L@<6:JB4E9JLFFG-:AGCFD;H8B?>KC464@C=5??EI==DC99@I5BDLBI99CDA?HHQIB7O?3A;@@B3<404;A:@7-A),66@D528?>FBQ:8B>N5D<8G@<3FA*+:7?:9:9<5C;EAFBKDG=3;@=.IB0AE=@<<;H?5FI87JCFGDDA6I:IA>7I=I>@C,K?7;FD>;EG2C;7E=7IDD9D=4=>BD>@@?G=4?G;7B?67?;CMBC;-;5==FGG@NMJC:F57B42E@H?1BD;0ILBCG;M?:7<7;D:<9CCFCD6E3>=D>HJ4HDID>B;B?9:;EC('B:1A>2>HN687?B>=FCJ:9A=H87H6<@D<7J><;:6DCENJ?>>C>98>DO=CEDD.HHCL?4ME@HJ7@HA@=HA4@0M8GFGGDC:=C@H=G6?@95?65>DA:G=@ABH?=>E=>AF@>999:<*I=66696)AB:IEI;GFC=DE-AD:>CC?B;FA=D2;RGBI.A5JA29A7DBE=H:?5EB9I48E@=<.62<>>D@BA@%->@DH/=:7H&6?8=9>/A<@6GE:08PBNEMKB@?J@IBJ>G916AS@;IJ@DI48?BADILDKDL+,4MEL5L6GEB96A;I95.@L@O6>?K?77D2D?K@5O6@N:A51GB;=KK71:D3L>?GD5CJ=26@=N8>A?2=BA-B.JF=3ADB;?=+A9<85953?*@4J9M<59A72?C7B9F46G9KM7D:AA268:@B7H5BK>M9@>AC?RD7471F5343;B29?3AC8AEA=E?H+<8?.73A5/-9@5B==;76G8<3>;;7;0/90:B3C=<>EI9/;4JHHBB<>A1B37<0?99>F>=44FAB8QE5;;3:87-2-7A@89F>8A@8-=C?C9728C?KJD)B;AF?65/?=;C=84?D@HA?HB;:F5CB@:BHG/7>N?HE<>6I3A@B3GC?A3C=H9?IGFNGI7>;EDD85K=A8*?CABL4F=7=B=?9=G<@@*NAG@GLNKE?=BE@@8ABBA;F;6=?CF9:E?EE@B1C?8>3L=C?L?F4H=9:?0EFCFE4;BA=C=EC?IAH=:<9?BE=:MDG8>;>?C8A75;9H;.:3=917CCH@Q7>K68FD6L<1J@??@FE<79=:A=ACCH=.4?8@6D9BD3GBIA;6I3U61@>EK7G@8AB,5ED/G(C8B<49N/@HB=>=BE:BH.+OQ>>9E@5=CH?JJ89H8IE:@C9;JBGF4B6I;.?64/O9;CBGG@17GHD>-3?6?;IK924084:9A8CNI651?L3D43*.A6DI@6@C;5331NDIBAICD>C7,<1NBA:::C?AB;KDML6?3;F>=J82BA?;8D;5/AE4CH@:7>C=C>;@A1BG>8;0HOH8A<-1B>F9E4FGC13B=J>A=E)BEBDE/:D;AC>BH@.E1?;?HH>5B@D??H*;6=E@?4>2K8BJ;C9@?>;F=7.@;E?D==74CBDB5B8CHBC:>7-6=A/?GD4/@;38?DK5@HBB@HOCCFHAC@7C4J<=;.;;AG=8K9DEH3BKJ?>>I6I;8?OJ85??P>D>JIHE@M0A@R8EB:;B7E?@1?53FLDGD1J7K75KEL,CF3EE4>;B;GCA:97L;>A0>J@>?8D>@?BJ.EK:;B
  • ?;2@AK?>?:A99<;9@J;0J?,=;L=?@A7E:BE?9=:I;K=5F+@8J8J>ABKBE+H8IHNB>;;@%C89G?A0?E>9FJ?=59;C:AHA12O)B?J@:;@8G:=GCD@><&B?BDJDA@:B=AG?:OD99AQ:DJ=J?9@?)6<:E78B@CG;*9:D6=TE9A;>@=>@9C@>IKA87A>=?I59A;>G2OH8BE@CK9HNCE<=,E?DBB95=:1:;J6@687?69CD;M4;3E87C:96EM?GBG7==CKDCC;:;DFO9EDGL>D@D:8F=6=,?<=1>MPM(7HA;E>K>B1<1=MG4JC7;FD:FCM4C;@:G?FCH881>>AC@F@AN=DH?B.?.=B@C:GDJC>D9DEEG?HP@A@M<>MFAIALF62==@9CD?BDH@A=>9?9EAEC?>G=EC5-L?GB=D4>H@NE1@F6;A5@>@?FC?1G6*=IBB2=42DT:@GA>46G=>?@3A9;I@JI:G4/A-FG>@DA?2C9BG8DGJD@A@I4>A:E=;GEDB@6B@C@>DCI?>7D77@CE7@G?@<;77BB:B-A<>HJ<EC?5BA88H<:=EKB>DMHMK5C:EFH?C@*AC28A9C<8AD@FCJPK>D@HJ@=UHE9;AAJJH>>:=9@8?7@7>AN6?I@?2;COBEG916:BJ5JBC=CFAF=3L91D9=>B4EDG?8:HBG9>FH==A>HC;CB7L@@:?AG9E>@6=LH;BE1<6-E=E3DHE@1B>5?BAEJHC2>8G7H?A;AD1I6CE<=::=F?@8?>=E96>06FIH29F=8D8,=F6D@===E=FD<>;2=<6ADC:97=?B>BB>A2IHG/D9B/3F?.<8JKEN=3?2@BI8?7>7II@DM@D:>E5;FHJ>7QDL>@7;'BLDHIF:=BB613C0;DAH>@:<(@9B;D>?3?B??6?C?;:0AB73@-)IBB?K=;E4L7Q>.BJDD4EE5.48JE3==I19>B87B75<9C8K:F9:;,BF6I>6/DAF/?F::H?>@BHBD68;:BF8BA90;D44<9:CDD@A=F>A173K9L4F99A>H>6CAD;:;+,D/8CBD;B:B6JDJE38H28C?;<@@=9:=67E@;F=A;EDG8IAH=?G2:>B>=J-B@D-DE6G8CL@<<@@;?KEI=6BCD@EA;1FFAJA?2BK999<<;D:?,?EA7:@8*D/H@N;2I9J/>I1>&@2F<2FEN<:AANI?D4C5AE;J:F@M@L+NFDR0E;G(G?AI7?3A?2:;E=6CAE:DE>>A=7E;D:5@;B.9=FEB>9D>,:BA5;CPAHFIGI@-<:S4JE<;?:DHFA9AC=>FFE?CB;A24K+AH*@5>?>47E8G=FHE;A>F8C3:F?185A?UBEDC:>E?@<;>/0GIDB=;E<>I@<:-8J<>0BI-@BN5KEG?I:;A92@=>::G69=A;9>CBE;?6C,HC8G05AAK81Q9?5?7BFD:BKBD9>=.>FIAC63G6H@HF>@F9BC0D5;J/J6E?G;9=E4@.C7?HD7@=17@;G;%KC85DF8;288AG>32G6G8G3H4DA>>=B@0FDBH?J.:HD,DADJ.;@19-7AK?5K=7D@E=-G74-@>*C=88<@=D1?BC>@:68AMG66?AD<;>6>G4J555:4>AEO?JAHF3@GJC;-L@Q4@DB@B7EA3B>B?48GEG8KA<>@E?BC65A@@.E0E;K6BC2C::H6K?H699>7DIA?D<=;9BG=16<;9?>;>@<7D@J55'?22ME@J5A>=1>F;A4CC=:BF1?K?J>A9;>,6C28;AO2:AD4@31J7:>8D>==E=4@=7:9A;<=C@KB6HDG6:65BD=EH7?K17.<>?=BAOA@ON@3:=7@<<@@CFAFCG>>B@49>A2AJ:?:8ICCCHIDGDDLG/@N;@JBN2KBM>;7J;;MJF;J<@>E9@,;N;B:?:8D0AQC9/@>F>EBD51H7ELABEBBC<@<>DED,A437*6=DAEE@9=+=CC1.:HIAL8)')AJ=-10C4D??EIIM<C?@>I*5IE/84Q15=B@1;HA0:E;HE47F@3B>;;<*>B95:>7-A8:;;@G?DA=;CNH62DE=EG>KCHEDI4GBCLD:A:H?;CA.;:DF*L>6EFI70;I:?KB2=C@BJ9>7A:2B?CFJE:CDB?:97I>D<7BF+6@>7D6DA>PQB9F;GK=E0@??@HED=I9CAK-;=H6;E=B<:A:4>@=B:DAG=@A36E@006>JG<::*F?ALE@FB:&04@<4-;4:D;HH@?B0AG0=ADCD8EC<*48A>6@CA19>@B59@/C(@:?7F:5<585'3EBB<;C5F@F<9>?B=;IN;J6>83@CC,?+BG12:A48A5HI:A878?G<@?<=A9:,@G9B:AG8=I@<<;@5B0J/;1?BT7E=9DA1>C<>I@=IA8M?IEB9E=<:;@E=F8@A=HIAJ6(ENDF>I99NBI;>8F?@L@=AIDDD@?7@;83DF=<89G:AG@I:>L1E40N=>A=DDBDK?DBNA>D>)ID;G6:D2BHEO>J=BB6A@;:>:=?5;?9?689P0JC91BHB69BC5E@;2GB54DK7=EB;C>DCGC>OF71;BAFA<8575A8>?D5>7<;>.ED7@8D62I?>;A9=@6G=DG5KEE7;RA/9FBG>=?HLF=BEOCMH8GEID27Q@7F+LAHF@>>C:FCI:?D5;->:9C1F?5B7BI;>AH3?A<19>CH;DDGE27;>-@?L?==H=.BHE:@:=7A=<4?E8G9Q9BF?D:@>H@HD:HBL/3?;I=/.BQ;/=8@E?=>=G<9494<7>27D@C<34BC=?FA@3>==F<;=A>*ID@HB08H?A5=/:H82G4=??BT@AG?CB54F0;=7GC:AA>E?@A=:>?G@2766?CBG(?MAJBB@>6J4EI??:>;>H?938B<=4:=:@IB=G754&C/>@D6<7.-?;BD<8@A>.6>CBCK<5DG>=B>=:;H73E>EIAE?C>E/:R*4AGI?8@CEABD+A;=AIR;FD@??=A?D579KDDH77=E8=E=?=8B0H7L494>B;8J>;2HCEAH<3?2:K7B074JE8D3#CJ6@;<@1IB809A<=3?A7>3@B7=9L36K@3=.GC4:>C9=>GD@?8B<>K69D=?B<=FGBAG=C@L76A:ACC;2LB?G9IED=:<:2@.BMCM>HCC-?5KE6*K?E>9B9:CCHDA:66DB=@>CE?:4=.;F>B5@;?H4:?D3@@EBB5E;1>IA@=??M>J8686M=>JJ58BG>7>:N,5D.J=K;A<@B@C/A8G?A?H<@/GC'9H=HD=9:3>B2?E;F<I@@N>>B?B6@@BIF=;7@62??56;B1>:9ICA?8?CB:G9?E@FEF>:J<:A9?85179JC=35/->@J983ED08.HCA=>G?@FN24.G+H@;;CI@81IBCHEBG2A?/8E>J,;GJ:B>H?JEF?MB9ACBAHB9805I?<6A?3B8:G8I;=?1F;GB<@AH8G::C:<6A8N:A?87BA45:7MG6=D?A;GHF=B8G9>=M58;@:D=:DD7;3>AH42B>4DDDIG95?G$@9J9DF=9JA<35CK=A?:6D?9@G?AA6ICD>7E:6@<4;>?/@IC;A@?;5?@<@?9E=0I>5F@3F@=ACHCLM=@CD;M1G>.DG>HNBH=DJJA>I>P8:MA8HBG<@FD9>:>1:6>A<@825H7>4.?CB>>?H3:3@68@;AKEL9@A@56HE??E>C9@F<>5>3==D@AAI=67?N29?=6=@424?@4/9H9H5B<(L4@>D2=?PCA?C98;DAKCF0@7BEK@A197?5:74@CF7?CIA3B89E=>L>B?DA@L9:CEAC@G;@0JAMD:9H1?2B6F7;?DD>A>A:?CD85G;397F@ABC;8GA@J+MF:CKI.=E-K2;>D@BBIDBEKBJE914>8.?JBA*IFFC6=ID>9@H8BBE8;7ME2I7G2CHOA<8(CB?C=BKE18985E@H=2ND<>G=/FKD@>:AI767I6;9=7E97==PD>98?@M0B@1?=1>CK7H?:F>3AM>E@:3D:>EOC??5DCE@@B?BEA>@HNA8?:>=B<;5B==6A;5@3GJGAHDE;F6E@G=>E>FJ668>EGD<=>>93=FOD=;?BC:G?IB7A=2D1AC14.EIJ6=D@>-D==:@GDFH;K:9<;2@CG6?P=E@B,D8657H2@D;AB@MDD@@9?9;D20@@/F9I9A>A1??CGIAH9+G=ND96<===;BAPE8EDNBAD1KCJ90@C@BH9C>BB<79>;9?<6/J+<;8EGDA3>A9;C<>=9@=3FE>H6D?56H?5>9I>N:C?;CD9CL6B;=:4ED:9DBB;:GB:$2LB6GA=?MBCE868D6BGC2B;HIHJF?@BBH8BB/N69?C@?>DC=<=<;IBDE52CFBBEF=:DEK;EG<=>BG>DCB@DH<;8K581.EAI-@?>7@@@?5COEB1;EE8>;AH=7EO:AAE@BCC9@>B1=F9E?56E8FF4F9=@3:A>HD??G;E@H+5/B?D9ABH0HDGK@BBH=@8HA7DC09<@7KH3;4;EH<;BAG>87:;;A=A8A3CF@99*9978<3:I8F;?L<8D:+==DA#1B/BA7I,8>GPA7A35F8B<@@KD@DC=D9?;866<:7?>?CDJ?G=9@=7.;=3=:@DA:7EA@?:2BNHTAD8=CC1D5G=@=GH7;1B6?7CDDAG1IJD?G@?CAG?EAKD>2?N3;EGB7=?C=H9N7>;@G:E@39E@>=@A4M99;5D>H86@?>I/3B;?7=HQF=FA49M@=LA=4>@FGAAE95FG63:B>EAH:H9B>D335?>==KIEE8:D8;5DAE9;?H7?9;E>:?BM-<@D=AJ<=A4?AGIH>+:AAMFP30H6B;=BI7G@@<:13G=CJ>>>F9IEHDE>>DBB:L9GC68C7H3=C8B0C?;>IF9J?@=CGC9GG;B?8,D8/?C7AD5L3FB3E7:>8F>=5@@=BO@GB?7$EFA75<@FIB,88EGI@D93:D9ACB6E>DBI;@FGJC:=HABE@BE?FFGH-:8=@4?H2I;E<;B=BJ>G??@=0E$@)KC@;CK?4B-E3<=@3=DMF;B7F2FE:>@93;F?I;E;:8EHQAB9/E999DBGL99C@=;BD@@DER<7<.N;Q5M7=)@M=/8F=:BF9G?HOP@AB9ICLI8DHCIAFMA3@4850K.?@=5@VFJC694732E7FBI=NM@>H7B2/>99FO>BH5I8+7C9I3>AF<;D?ID<194=>F@APCFAGE4<6JIC6=&=56=:,B97J?IJ?B7BA4GE:@EN@/?64F8>@>OFF15:=9@G<;E:=OB=7>4AA2HH@:,T7I2CEK;?BC>;;HCB;E@;:/O>CB9>8B5B=KGED<;AF2E?FGE+;3HBJ@=H:B?.2JEGBF;E><+6A;2=2;B91=EGM@?B@E8E9HB?NACBI:I2>JI;DB??D@0E7G@E7<>=?B;=L@>9L3@E/6@?-7>0I<4C%DDBB@KFC?>=LF=3@>?C<<:97=9AB?G/B97FB;9C>33>KD@>F@5,B4?G@K<6;;/O?/9C6CC946AA=FFI,B?*E5E:1JG76?A=BA7;KA>=J;7:::?CB?I5>6=H;AABB>4EFB6>AB?<;4B8>1@5C;AF8DEDC?9<:>-A;C@?><85A8C2::@98J@J4;NEEABB7C>F;F>CDI>?97>I>:3?D?A?J=5L4=:??I==68L;0:3AA?FE>@6=6B@M:>=4N9>;C8=6D9>8@C/DM5@>44IH:DAB=?4DF=@J/BA7:055>?D=C9?BF9DCD?;E%4?3B=MHB?C=HA?C8J8:DBIB16E5LD4D5DAD;CA>*=0.=B;9AEE@C>54EB@==?=-<'7;AHCFJGG<748@-7:>7C89D<8@BG8<>)84=8CHE?3=92DN27:A/<5;4@9D@I:8@.6C4>FF<=?DBH/5>CF@@9F5@<:BIE6=?C5@2:C=F?;==IB<;M;C;@LI@=2>;;E4GC@BHHG@9BL>BB9C)DCCKD>4G4FEB?O7IE0:D82?E=J:D<3DC:@:)?B9=FBC5CF9@<@D?BHBB?DGF2CDC>3=3?A=A>C7@D?BK7=>DF8LF8199EF>B65==CBD>8-B?;2BC6?1?7>C+E>FC;::C-==99@?I?:A52>B>>D>L@GD4BAB==876E7CF:>>F>D;39?HA=F976;C=>6DPI.:K=6:;E9@;4>54:8;@;;::;C@F?7>;D49+C763992?/IAJ=AADK=DJD==JHQBA6J:L:2FL?AE2BINASF:MBDC9;@KMM3,18@=Q1.?MA;HB5FA26->AE?HE;BLFB=,JI='*;DA;N91>;84/F3@@3MAF8KB36@=CJCA:AD>K@6:8?JD<4H7?D?@GJ;D2,B5E42>JGE9JJ877==?5BG>)<1BA:4ED5A>@680:@>I<9;62G;E=5-<'.=@GG0=?2<2=/=C9G0DA6ACM5>BLC97>?8KEM9A+K3=?N=@MBG@E?.H<3D5BCDIC==CA<6??,A7*888B?-AO==E5>=G19>HHG4@AAKA9C=F7G2ACJBF?'IFIE9<2B>E;5EDC@MIH@5C@71:B?I<3>F<-@G:86?HL84D@F>2I7G@<8BD9DI8EC39/8>;C4>E6/CCM1>6<=;A9LE>?<@DIEC4@B=<8A5M=HDND=D@8A/?5JB:E@8=ACMAA;8=B4'O?BA<8?4=CH7=D;B82GBEB?AFEEC8LDF+A4BDAACI@@FE<>HN=BFC>H5DFB<0D:BCG3E=@6J;=;;8G4;BQH<3?8C8CI>ICO;@G@=>5?=?@=?DFC7D3?/:H=;=5H=HBEBEJ;BDF6:.H>14MGEH?:8DA:4=C;D=@5.76@@H58:E:H>H@:4@3<<7?(<6?79@<=9;GF5FD3=D=D>=EC4>C@,BBA?BEIA':JA0G>A>FMI=7@5;E:G6D+B@@2AA52D?A?GBC@<A8KKGA>H88C98B86E4/A@G5%C9H?;:?;6156<9B:6>>;:BH8):46A=6D@;85B>AH;:5C8K:@==EH6HD9A;@/E>=>=2GGDEK8E:;F8::;DHD=FA=GHJ@CHJ@F7;?8B?447J<9I3;B7BI=8NCHCF5=5-C=B2/=>>@8I>0F=EHGDEGE:?5E8J6IGFCDHFD4IGA=A9CC;@AFE?D7B>(CIH7D;?A?/ILD?EBKB5ID49@DMJBGA;8@>CA7HEI-@F9HAB1-6F<03>@MB>AAC;;=.IDI?3A<<@B?A99DCF;B:57F?;6AD;B/5?HB;ABA-BCA?GH=>1;.@F<5*A5?=3>?>CEG9;D6J<=5GOI=F0C?;EHK3=2G4AFDABCHCI;<8BF59CEH9=<>HEKB3IFHHCJB?DE4DE18@A4BHJGA?A6GEAH9QKCL?CEFJN;QADG8/GB?AFC99@5936D?ACC<5CA??OD?54>BDH;PE>7MI;89,BD7>6??BC9C<>F9GK>8@IGC26IJ?KB<3@<0<1C9AO>D>3>J,H6FJ??B;AENB::9KH9FT78AF;=1B505>NICF:=8=@C.KEBF:9(BBG,1BCGJE5@6FA>@@JA6ABF4?BEA94B*7@=D.AG=?CD:@;:=6BA?BH900;8D;BED;;7/@9H6?KG99M>>*A,ED4;3=>F;>=M>?:9F@KDA(F/C;C<<=B5<9)=:=;@ACHBHB4G4D4=?>?@=8,8JF?@A4:==8F1??+E565J;E@7.FEF52LM;BO8IJKE?>H14<6ED90C8C96>7A>HC2CH:N4>??LCJC:7I>:3?6;E;B;D=>=DH5L@6G;=3MA7GFH*?A@H;:B?BC;=G<9C96@F6CC.B35>HA>@;568AC>@5;LNAAA=D>>8?<4?@>AA;:=9AC8I+BD;M6;21?FI88?ED>GK4-;G4E=EBB@B/H@%?5C7=H@ABJIJ7=@DFI8@IB?;IA@F?IFAHL4>@D:>CBDB@EIB8EOK>N>;>NF=<;C>=CHA5B>@9F9:IK>J@4:H;G@IBGID;@@;::9C4B5?NDD@CL=;;D??G9J?K6@C@:@G@4E=<6@:A:A=F8CF2H?B:D?M@8A=@=5=8=EGC:CD53?F55A9>9HA=<;6K?/?C1CI@CJG:>/@AC588C8AHF>6FC<64A5E@4DLB=?5HKD@/7DKPC5:D2BA0A:=A9ABACL;B;HE84H7E>D=E>L?228?F@=9C5-?F<:GBIEC8%HJ3@K=?C9;;GBA?>:B;7AA=9E6F>D?I6KSABDH5GK8=6FS9=H<>GCEAI:7G<3AE;>F>?@9>H5L;;;8L<3@7C=68)@=C=4F8E>4@>E:CK=J88HB9NGMB17A66,HE=D5@GC?FI8=A3?E87CCBD=74I.6EH@:=7H?G@<:DFGLJG@=JAG@DF@/<7>D8;?:?F=HE0BLCFFG55?AE::F>B9ADCA<019O@KLO.4@@=I?ME+0FC:FEFCAB@3@GC:DCE;2MIFAAOCKH?=C:.?H?E;?GBBB?6AD2=37D87DCF;@>@4DLD7;>8@LC?B(;E76JAF,>I9D=1<>EE;B3>9DCCHD@?A<9@TEEA???K8EG>G:ME19I.?BM12AD1;;,>;9:GCAD?@3AFAD<9BA?6GPH<28DC9;B/;>P<86;AMEFOHF?E:H4D8?@?D6@0=L;;=?;CK?838AFDGI8K/??9E@H9G?8DA@?5F9*>=O@<6I;7AM9A2=;DDCDFEC=F7F2K<=EFC(>2==CDDDA@>H4C>>B<@=5>?H=3B@H;9>B5;073;B2=>=EFBN>CIAO:D:HDHAK@7?HGFF:HCEF5@AAG9E7IC=;96?A<>Q?AHD8;;@ABC?1MH>M7=:828G9:DA5?77=:>9B79EE@@FFBF8CGCIII7CB:=A>A>>CIQ?4;7I6BJNC@;=7D;>;*F8?L?GL60C@M5?9=8=FH837<5:G8?8HE?9K7BF@F:;DD66C=3=4C:AH@N;+@C7@?7FE4E3E9BH7=DA<'8;;AB@DC:89<9@AK?@;?=GAAD<1@GB0@>AB:;BA??C7,:@EG;BG&?=CGD8J@99NG;F;KD:8=K@FB1?=D5R>:;=Q?8AFCI?L89BII?6CA:3=J;AF?JBA@*EFGA48:JGKDJ??=H>@C;F><;=:?EG85GBI71H;2=?A>=BJ7:BC;7F=77EA6F@=F:O:?8=4C??56BC?:GAC:45M:D?;D4?=GBHB=HC;6FGC>.68I>,DG@FMJKI?QO9A<;I5C=C57=>C4D9BGEA=8F=OJECIH>D@IINO@@IKC0A@6>5F57F<=II8FBB;@+>CGM1-A;E:H>36E,>D=;8AD6=:=O>3=CD>>>7?-FAD;GIG5<51@+@EDEG*0@5;?=EA?A6L1<;4=9EJD:>7@ADC>>>HB?7EGJMA=@A7>;+8CJ)HB3CLBD>=F$;BI808B17:9=?E07F=A9K<98CI@I11B@=I2=7E2CNHB4D<(I91D9?;>47C1QADGEFIHEIO9A@JCH7BCE%=/GH75=B>?ED;9>A?:?BBM'5B3H=>?7;@AI#CDOD@@A=?GF5:A;O@C9D8EG:BJ>=NODEBM;B5>3<<@JGFAP@2=ADBBD@?AF9;E7>GFL+BAGHAA6T9/B4GAICFDCKJ?:8?>EK;I?GA8:BBBEGQD5BM8BCB@?5D=F9E9IGG??H@C=?C?;0DAB;6@5MAE??7F55HDBE=GBF=ELCL?E;KD8GC@FG?AG8?8G4AAEEE.>F1;IC?H;NB-=H;E84>B;?G?7DKE7D:>C1?6:HH6B/>=@;BMG@=7@69>EB@?99HFG>?KB/C(A;>A7@ICCD5A<25=LH:HIDBHBAJ?=:K905:>223DC:>A7;>EA;H:A7H7>9AH$*29E9EB?7:9:C=8E9?>4B.7D->B@6L:B@B??>73D4A==:4A2@:C;JAEAE/EBD@D?2M?9BH5CI75>9GF2E?@CI>E>A?HC-?A.LG=@73;3AH@?D?=J=AJKLJA5J?=C>CEHEEA<=9BB?EOBA4=9R3B=GB>FAD74E6E79J>AB>A;C6BB=87>9?A8C9?C@L@?A=;<>E);BBCBEBD7C=E/7>97JF@/7;CBJA?EI@CA5B0CPA8FBKAC@+95FCDA:C;>:D,18;1=G>:8C=B@:>=GN53G6AA:6A>5AFA8AH@BC>FKFA@B:=H=FAGAIKCC9>B;>A.8B=D0:6?G7D?187=AB6HCCAEDEF9=KKIB9J@<:J>:IE3C7,FEC??@?CAL4ACGI=IEF2D?M5>MC;BDC872G9T1>M:3IDF8CBJ;JB8=>EIA2D>D?IN=HAJ-?3>HCCFAE8C2G7;7E?96@4E5K><=;A2BI=G@C8ELEFAJ98?A33:H6DAF4C0A;19?GH@JAA??8AG6BE>D:6*D887A3D7I?CEHBK0?F5E5KH?8;6M<:F4HI=JDD@HJ3=:HCA5A8HG3=;C94;7N;T8?CI8B=@CBF>@47C?GHEHM?G<3;@8;5:FD;?0A>D@8+>HB7IJA<8H>GBFBDDE9=5@I6>JEAEH/O:8HN:9.?>F6:B.3==PET9G<5DJA7CGCM09<3C.1D?>=CD9G;=>99DB;;EH>@7@49@?>M;FFC1GE1K=2J@==F>AEE:CB6<8BG@ID5GCCEFK@IO9H:=D1E:>A/EGCE>@E?;HF8<<;:BA@6;@AFENB?N9:C<@1ELE6@F7IKF?=??C:;>>@>B@F@G@6DED>?DE,KA?J9B;D4K:B=E7=0;@A81-9CJKBOHDK@83@E@BEK>69ELCD5F@?I1+A6/BC@@:P;BD:>>CAAH=8:=C2;G-EB01I<0F@G9=CA=E@8@<;CB=D@AB:G1FK;$9F4@:HGN4;;N?9D>J;BE??;EGEGFKJB?A1HCG1BG@7A=AGEC4G *>A=>*:G>D4DB>A9G@;9C<99BM:8C4D@1DFGBI=80>CC7LD?BF;CK2;0MD@>?3C@=>A79GFAFIGAAC6>E?ABC:7L@I7B;KEGH@3?=HH?9F>=AGE5RS;7;>=B5H4CBFI>@G?=C8I>E7<5>8@B8>C@F=B37D7BC9@DCK?2=5=:J7>>ICB77FB6;5A,B<GA;DBGI?FJBB9LGKEBG53;8?=7E:M9>@9DCE=GO>;>M:AF@FK6FIGH==4<<>?D=4=I?FP/7D7C4CBDC.B7CBN><@L?9:KCQONIB;;;?(:DANG(HF3@@>GD691)@?-=?DA2HA4750@KC@>;A2:E7OEB?F8R39HK?=?C4AGA;B@BECJ;9K6BDBHHH=9==8G9>CB@FAC>HA<AB=8E4DB:=F9HD=FCH;<5CJLE<>D7BBB?;E:H:A9?CK5DFBHDD=72E=AJ:52=>D=;9<<1AAE7AD8F?=0J-:G;2AG9@BD7CA>=@:A;55A?JK?ADE+@/DA;?DC?IJED48EIDH:H9BCFI>AAIA>IHB=FB4@D@A?@:.DF4FML;LC:>>4>EJEL@?;9KEEEBE,GBB<@G;A>3:23DAB9I@A;61NCKA@98KBR31?B>J@?7L=1;GL2?-:B:E;;?CK8<4@A=AJ@4CCBJHG75AB4<4E7:>IE>EC>GE,GI:IB?@@CHE><?D=CCB4B7A>E>GOFD9;=8ELI:@LE5H9.9GFB<BE6>B6HFA81LH?7869;=:EA=I>MN8G5:2@/IA>LD2J>DF:@IJ@?5DN>B9CIFP7JG9D:N@4G6F>AEE938@>9E@;C81@:AE@<*>C<;?7BGAA5BB??>E>FIF:EA<?BFF@?7GD@>@>?A<;M@K7JEP:?==CJ?:EC?G@<@F=A;39HJC:CAH71KB:FDA0ODHDL1@98:9DC8@HEB=;2M?FD;E>C@>C;M@O<1;4H;?D<;<;9@0=>@C@>55H:?@GFBG)8DJD>BHEDJEDHDCEAHH=7A>4;?=9?5=9::=7A?:;0Q3>I@6C5==?=;3IHH6B::I=0?BC@:,<9FF>879?>@?K?7ICH719CFHEG=CEI>9A?LBG=9/A=9E;IF0E;<4:C5EBCI><=DDF;+?CC0@==1AJDA7;DKE8<08?GB?>77@>PAANE;O?EFE;DA>BJID7JG867F;8AAGB;3FKBA6>@HA?7:AJC6M?<.DEA:A80>CB89GGGI>NBFEIBHC>4@@F@KGFC:C@>7@A?AI=JD&0GD@CBC;DJE/;A9F2@F=DCB@I=8DF3CH464@/C53CA?5EE@B99QL,=DD;@1J:JDD<=78=HCBBGC<0=6B6K?==DEDB/9/<3B<6BA=C3MB2;;F;@A;IBRHEC?6CBA7P58:69EEAG9I9?G=G;?@E8@BJHCHF9=60=DEH4??G?@2??JAKHB7=AJ@0EG?B>E1CG9BAD@FEGJLD>9AF:>CE<6:>5@=HD?>IC;@316KDID@BBF7IDCC7BC5?KD;JJGJ<0>NKE<<@A4?C6:@6;7IAEAD6EGDCFI?@GAA@9CB>AE?DCB@7;I@DA@:D;?A=JB;EGICK>MOAH=<;=?J>;@098>D,H=E2GB1AE;>GADG3H99EED1BD4BBC5J@>BGBCF:=M>GN4JC:<6D.E>/F<@AAC8@D791I;ABCI6CK5HJOB>H=N@/D7>H@99BH>D2B:?;7E6@CE:A8:B8CC:D;?A@E:9C?9F>&AH@=B>B=+B9G;08B?J==D?F@/EIC:B>AJ?DDC@I=9G>?IH7=EGC<88H>5BE2@GDI5C?8?>@<@KDE:N>=-CE<;GGB):2GK+J>82C/CGN>;5KDFN*<59C=3F@?B5@>:L?=BC87CJD72AD;BBDC9F?D=C;>GA@=?9?;GKGD=5@E8BE=BFQ@>86:OKAEBJ9H?HHI>+;:?I;@@?A@G8A6B?Q:889A?B99HBFH5:BEGH?2@AA99@JABCBBCGB8E;7CGAA=99FB;=B.G4A9H=2B>@5CB9@9GA?=5H=@ABE8HELNA?B5*?CHB?E73/@>K;=C6B4HFC@H>DH?8F;E@D<3;;J@-3HE0B2F=CB>F=L?LA3E868H5<;F??6D>DFG5;E/3:5?IF<4:@/G@AF=+MGHAGCLDD?9?D=8D5.>*?D@@@B<.8MHD6JBLL8=8>-;@JGE>F;EWI?KJ8>-GM6M;HAIG;FS4AHI@=E@DCBOF8HC=AC@H.6=9?:;=;@.J:G9*O:J@AMI859?FC?,8=<*5DJD@=4EN5IC<=5>?0F>EDCC=IC@HFF;88(;:<KAB6??2ILC<>>B:>>K?;@DDHJ8*:D:>?B8?:AC=B6CD=F:38=EI><7@M?GDE.A@=B@G:>A;@ECN=E>>9>/I>0?>E4JCANI?8C7?:3:=<:JB=D>69??JLCAE1AHN6J1H1NGBC>IAAD?B?@F3Q??DC4:DB>GKBB0=A=BFJ@GBACI9DDG;MAHECNE==EGBCA69H9=SHEH:B@CDM@C>;NC5@8BHDGCA<=0;<@MD@>B=A;H;D34CBE@H7?@4>CDC-<2G8<>K@@<816BGGJ;AE=G@E,3>BF@1>CHIBJ7L9:I>?GE28=BB>:EE?>B7IE<987IB4>/=CD>H=<8H4;;IB>?D8=?C@B@D=B>A>C@>B:?9A:HAC@6D<8FH=5=A4C:D989N?9?C;6G@9;2A@A6EF29H8=;:B>:;F=A?A9DB5A=J7AA;@A><78=6G@5G=??<>D?>>3<=@=87'/>@GFD98E59B85;>D:;E77C@>M<E7@<:B=E@DBD?/D=F==LF@>DGAHAE4?;>;@:1=2AD>7D?JC:9D?1:PA417D>CI<CEBMBG94M>:F?C=::4<8?FFEGJ@BD=.G7>7FNABA8CF;4JC@E?H98O@:51FC?F5D=J4?6;6=-CLDC9BC?>8?@?::?B->@J<:/?FA?D9C=I>HJELB@<;ADBA@?9BC=9@=F3/>GB?HE/>L-A:D?.7CF:@794>>AE)7B58H;<6C?M==C:F3C@BE4A>@9E=@>JC>FIB=;ME3A;:86I1D4?5<8DE8LH@HFF?8=7C>GBJHA7EC?KC;@CCACNDB9HF>AEB8ADDG6?9=:H:@7@=MIB?:>ADANC8=AA6B*=FD6??AG2=E0=K<<>A;>3>FH9>>BHHE=@/?L2?;>4??A<9;HDKC:B:;<84=A>:=<4;&B9@FEFD;O85A??9?JCI3MA;,?*8G>G==@@F1M?=E=H@BAL=G?=I4::>DC/>M=;7D87E<=BI8J;:2BG?LH@ECHCG@I8I>>7G=GQLIA@CL?A=AA?FCDE=B=F78H=F=?F>=M8PE?BH3I1?+:@ECDCJ@4G>4L8;BE?:G?:DF;CD4?ABBBI1AFKD+;@C3JCB9C;J;OL?=3GI:9B7EE;-H>A0E18B0CB:;K<>@IEBC7B<617;?9=C:B>,A/;<<1EF;EB98>=EH@:B8C/B)3=<>,;OK?D8@JE>8FD6D?KC>EG>>:J?@2AO*EE958AD>BL?6?-8MBA9;J;;7<;:B8=/@??L@AHI;EI1JA?@IL8%FAJ?K15A;=3E@97=EF@7B=37IA+G=?EHA;@2E?H?D<=D2>;-KH>:9AD>D@=-AC>HD=@K:C<9=EH<2H2>CH7MA;6CD-K7G6@DC8G7I<3>0EE/:/69CF@?;B1;>FD:7BBE7?>DCA??@EI3A>=97>6994@A1?H>CE9A<@@@:E>?A==G9BBCDA<876D922=;ABEF5GIBA:<@@;9F/77?B8D<:BG6F?CH3D@?:=:DD7ABF=H;53@AN3C/?D<:;;=?=DG;0CD79EAC>B/3=C7@QGDD,AC=0>?B:?3>=609>B=7ABE>8C<;<88=J38.EC>4BI?@BJID@FCH:?KE7-C;:G=FDG>>5::B>8@>=(BDAHGCCD@GHH=BH=FE@BB>FEC:75:@FDJB?DJGDA96:G8-:@AH6:?B2;4?C:@CG:;;>B9>D9A???DBF?:>CCFEDD10?7DJ@@90H<@?6B9>B478?D=<@BIC@C=B-8?=<@8?1DE=7A>7:;A=AB@@B?J9:DC:;9A84DG8K;2DC/?:F;>:OE>J=C>?@?7DF;?9B0GDAD89I>C@F=*?G=DDN-E8??P8.G9E8?=3I;EIF1<2@L=F=K<,IJB;=@RLH>8@7J8CE=@D@F2A6KQF?H;CCH2?D92CC0>I8AE>>EG=A?H54GFAM@1LMCDB>A=@E@E;I@K=4@K90@;B@>A.9>9<>I>>:EG64A;AH,D48B28<6C>.=?;9D9J@96C>>DA@/BCH.82GN7:B:;G:?DK;F9K?I>F?=?3H36C5B4GJ:FF8@2I3J>:C7I6MCJ.4>P8<95J8D<=8;@E>C6E'HC>D2?@>=+2@>BED=B42@:;@F@B:@@>:,:1=GG?19BHE34@8MAF7>?3<9@AC3ACG55:@;8?108FEB@==@6H=GG,D?EA38<:CC?A>H?EEEAA?9EDLK,C=52:J5?9EC7L9D?CHEC76F>1;A;<6A8::E?8E929CAEBFAB;DE>FDI1C=:9P33MG@>EG;;C==AC=C858>9BI<0V==AJA>:DKEK3D=J@EB+DF>A95D?I<759-4/*:A@AI6G2DI7G8AF4@@=KC4D@:JB;A2A:E>A<9<:DBB=15G@5B:(G;LAPDAC:J@D@;E:>?B75JD>BJBA46C>;?9O:@0>7D:2=E9;D7L=BBD?;GHECANE?B<<>C@K=:8NFF>@A17BACF<;5B?GJE@GF;4C7;9>/:9:A=AFCHFE:94C?G>E7-9=JA>DD<<@>@9A>)=+D3=:A7?EF6D=>3AC5=6881DA=>=BA5CG<8EEDI:B78FEM7@I4E?IDD789I@;794C+A23-7<8>8;8G3E@B7A7?B,:H-@A;;@+@?.@;6A<6BG?>@B7@79G?NC?B>C>=D3F8,D3M4EAA:>6@4CE:=?9G<5EA?@AB9;6'JE;8@;4>@A3ID58E?BIB5DED(C;BH?F;7=5AB??CJ>>7@DHC=D=96GB@AF31<@E@CE9FAD@F9>BHBD8B==1BE-?E=E6G>CBAHC5?D?9F?CDC9;;CADGF:=CE>J7BG9?B;FFKC/09ECC3>9@@J:2@@@JBEC54G:@;?;6<@>6A99==:@<8FB2@B>JD>L5FE?>HD>B9E2HG+<:FN@A84?BGJ=F>;C;K=:B>;7D9>:=0B;B?=E=BCIE97;6G1@>@G?IE?HG98)@B057AM@3;G:@B6>56;:DCF1AE0CCFB4JD>6E?=8E=?F6;B?9@AHACEBD:;8P;C?GJEI2ACGEI?B9BFD>H;;HI>>KB9@5B<0>K4HN6F>CB=A>DDB=;G=>>F:/N7G>79D6@AB??B9=>CB0A=A=B<883A1CFE@<8?:BA@G=AN8?@.H@@1AD=FK3I$OB9A@>;:@2-5<-B/6<<;E/C?K?E9E2A@98D7:H>IE>6C@B3BDJ3CC6;IG1C@D7?AG:@B@6:3?A=D>2==;>D?QA96;>8=?>BB9:F56BD:=K6=E8IB=2B=@>;8GA>E?=A>;A9;EB52B@B=>AC3>EEKEFB@?7:98;CSDG?;<:ABJA5658DI?8=B<9H@?GCE:G8:G8=BD;:HA6BA?9DC@DF@FHE,D@=B37BD;B9>E=>;:J=78@733?5ICFDBC<89:G>@>CF=BCE;@A;:8GHBE<6/F@F?RB?A=EH2AI7<8:B@@@CM.DE89CBB2:F7=79E6J9>A6@D<8>44D@?@B>A<7BGE6<<:>H89?9:AH@?F2:>CE8A:2'E7CCD7BG@BLE?@=A:C;=A/BG?;BE<@B1/?E@8EEHCCCB@-EB@BI;=D9:CEG3AA?D.@;F>>C40FL;I(MF2<;LGD=@@C>F0DAJ9>;=??E7FAC?@EB7.9<6F2BD?29A?CD<0?F@G89F9CE@?D5=G7BE=;P<>DABIAE;D;CAG665;5>CB:GF@L>;<:BB8>1B879=;9FCI48A@:AEGB6CH>C?5BGF476<;6;I0>63@NA;?H?H;:EKC@8=/>8M?FCAD@?98?:<8F4=G/979:176=:FJ@E7@BE4?AD8=?B,8=A;3@3=5H;.98DG=E:?@H96?FBODFD6=35AA.F1=8>@GF8BA@D8:FE=59I75:78DGHC38:44B>E.A6G?AH8K@2OG4BAA?:ADDB7>H<7J=A>=G9DDAC?@E@GADDFEIAF@A>@MGIC>9=E>=I@B>>BA?;E2:?=>D<4I'0F>HHBDE2QAC3?D=J?>K@<:/?BFN3GC=D1B>8M>B:D=A/>@GE=3IC8:NE9GFG6K@76:D=978C@9I:FK=H?C>@@@BBF79I4C9=<:H7;F74>C=@;E5HAAF1D?-@5AAA@;:B99ND@A>PA>HCC@A>A@:<=@B2CA?@>>:2D?=8KFG@<:87?9FB;@?C9C64DGLAACBB/;C?3>EC8KC9@>A3GE$M=@&5A>D>B;8G74@;MCA9CC5LA6ACB=<3D?G3=DN5@@GA?F>JIS/?:B)F>CS<=LD4E?;6B8E6K;>=@/A4E?F?==+?T:B>4@07F0B>F=I54E;KEB?B@C?@>DA3B8>C989<6ADAG9:3ECHFFL>F)70D2BD=<7HDE=7;.?KF<7C@<0F:AA<<>I?7A)8;B:8$A>B<4?A7DF@:AD8=?A87AA2=8C=<,;@A@8@C@CF?;AB8C<7C6=DF7ACA=F@=D>A;>947=CID<<BE859BF4F:D8CKEFF6F9@5I=EA3A:=LF>909F=8=9@DFE9B;>;G3?B;K>4F@?+BGAI@=A>CJ5AHCB?9FC>=:;;CA>GC:L?HEHEEE>F=DDA>AC;>@BC2CAAD?AAB=<<@=16D7?>:9BGCC9JA>GG?AA6D=C=5Q5DBAM@BB3CFC7?863A4@>8E8<.E>1BE:9JD@DGCH=>>I>=5DB6C>A218@9AHE>77=;FB?3>=F3A:GL2@JE68@@=HHI?>>.7E>:KB11;;D@E9DG8EGK&8H6==CAH7+A49CAB3?FI8A:GGCGJO72=;<7:?6>CC:A45/@7<9>G:;K:DB=@<>I7@?C8AA7:GIEB@?:AA=2:2ED.FL:BBIA?42+@@BGAB/+AD?BF4BEL8;>AG1/;?AGDK;?AC?G?B4C@F;5I:.BGA><>I3+1O8=;;G>KBB?>@F=9>C>M374DC<2=?9?@=D?7??/CAG6D.?=?CA1A<7/DE8?:G5:<6:J:@;>5:6E@?E?4SHEE?:>8=F@GBCG?H?1ID?>BDD@HFM5>I?C>4=??::F@F5JJAD:FEB88=>:8@@G+K:@G3M,>CFHAHG@8K?G@6=EBFB63@>6LI8E:=>8>?F=?CC7=>I;?AE>?@BJ5J8B:C<864R>GH=>;D3?A:D@KB8CCE6BEC@<2JE5AE@FAG=@/E4B7:D=F84>=C1JB?CA?;?:GFKDB9=@?83?@;1BAC=1>:5@?B:CE4A?=2B=B-1=EBAIHAB7:DIE=DG>>H5B;B9@5@=B=B<@8J9<8HC=:D@;JNDEF;G==69;@8EEQEEB@?>9EEDNA?=B>A6A8?70=FKKFG;/;CH74F3>EE;K:IMFG>??C?@JIB?@8G996KFA>==)=;:@CCBH.CEA=063=A>C;MI=F3;-JJ7<>@E8D5F<7*<2D?BC9@AI<;5<>E@:'=A9=@M>AC-<8IJ?:3=,AH4I:D@?(37=G9=HEH8E?IG=63G?4?C/3>@GDGAF681;EH82AB7?HGE::?H>GGD0HC>2?IAA6BE>@9G0I@F@<<@0>>B>;D>>J6DEG9B@9@LA9@K?EJD?D256>ECF8J57D=4I4A<:@E@3:GI94C??2F=I8:DBBI9;7@GB;ED?E@0G=1E5;AD-@3F-B:DH9>C39?AG;4@F>H9C96>::?;AAD?DJ:G7FEBI7@=>?;7DE28B>E;7?9B@::JFDH@D;OGECA=?>BA;;6@=*5>9CB:C:C@GDB45FD5E7MAFD@>;@B3=:HC*BG=DE=FDDI=ADDA?D>B:7C7CFIBIB=-AL6CK>@FG98>F3D=F@AI7MA>FBE7@2FBAF9:DB@>78=)=BA8E8E4;A4<@G1DF6A>G5:@33DAE<<4,E?3E:>???B:C83A/@>DA>5C-GD5H8J60B<>3BC@?:78@;>GB>BHG8;L96F?BC3CILB46CCG=?A=EC>>L9G8CAE>A:=AB;8;?>A6N>5C@@E=D@EFC7?;7>DE9A5>3;<5O8;:=D9?A6D1DED@3AACA)=CD6>D?9BBC@61IC?G4C>4;AC;=;:.B;>?:;>>B.B=B>@BGKEC>MDEBCE?<:G;EA@=AFF/KIN=@?;>?E@C7;7;;=BF:AI7./FE;FC=7DCA6FJLC=5:6?6>=BKIG7JB;.;:BC?@B8>E=D?A9:C;8?5>A;86>FF3>CF@?>=;55EE:EL=D@F9<9B9@GD<2>8I?JG;GI=>:5?A>::6>>>G;LC@F86;:A><@9=E>GCK:II?CCJE@CE-BC?:.;9=O"FA<-A?BDFFFIR@H@9?JAF?5>>KKGC7BFBG8@7E>-B2A4>C>D+FG6D@8DJB>7LF4BA@E;NFCF>@B5:1=0?@>C=+@=DD@@>@>:E??A=EE1=>8M+E13<7B:E@6ADDBC>DA?6=;>C.IJ=9D1?9ABH?G51Q7=1-=KDB8D@J@E?HH;DIA;.:<;G2;>1B1>=A2DE?44??>1A8A-A4>;B?BDC>E9EI?9CE9B==A>H6F9;B?D1A48EADIBPN;AF;:B.D:AG>C?7HGEJA>=;A=C>J;E0B@<@,8=A5576D:F?AB=??3@5?C?I@B(A<7AE3=D4>E?J?A9BBK>4H@7E>GDJA;IGG4?DJ9HCC1E7?A?BC?4E;GEMAG@=2>=CG@@4@?H<@83?II;C=M;BCANC;I3B=C=J8472DAL><;+4DD<@8EIAG=C>BFFB5>IH2C8>A;G/4@7EEDK?E=DHA:>CHI@JA1HJ@B?A68:>=BBJD769AK7A;IFI?:AD=ABKH3D7(D@D>=I?@HIAH?E>C9C?ECKABJ;D9P?@E>CHGD9@@A>LGJ>=>L<4;;A<8?B=B?:68@B?>FJD<6CFF:F<=E8=:C5@A4F0JE;;<742@54.G@=.4>;7CDB/5CD9A:9FN7G1CER=D7JFCF>F7I88?F=ACHC=7FJE0FAE4E;=??BAMF@9@>A8IIA>C=?BH6BF=IBD>EHF;EKB8:JJ@@9HCJ@IAI=AC8DB:G9?IB>B<;>E>9EIEF<=HFPDGA>@?8<=E4G@<>@D>MB)>D@QA@??GA;?@BE.A=DH>D;:GCF;C=KL@DH3:;:KE?3@F>A,>@=<2F@5COC7?7?F;?4>5J:FE?E>BBCA>DBJEJICABH;96E2M6CBJCADH==F9M:PA>A?@?A89GL9?H>;BM?@CG3@FHH?FBE78D7HAEQ3@L>HBAF6R;H7KBBI=E*B:@>D>>=4BD7@HHH=4D4<<462=/6F5<;H9;B@@B:6C0B(8DH@D@FEJ:E?=L=1O=:=FB5@7:4D=MD84O6C>=HA7M:CKCF:62BC9=5>4BG;CI69><9@=.;:JE3<8CB80=H9=D>CJ=HIIJM8,I486=:I@4EGEG6@E>G:EJ5D;C2:@LHGCF9EAGAD>/?GEB?8@=A@?B3C>@B?;@DG;>?EAFI=6I@=:G@A)O>C@7<;:D>?5@DGAG6G9AEJH::85A?9AC3@?AHFGE;8I>P;@D>89IAGL4E2><:DCCF*GA:64H9C?H7@@7D=F5>9K?H>A=B@@=;B:H?GBGBEH?DF=BE5>DD@;IAFC<=HB<@H<4;>CBBDJ49?OH:K?;@DA@9@?>:GDD;?C@BOD9H;4A@D5.I@DAIBF@>4>I;<@58DBEC@F4EHHCI;=09<2DO=D;CB;3BB:=@C6GG=E+BA?HK>ACBHF6;BB5>FEF3@=@FAH:)H=EGDB>F=>IEIFHSA=:JFA>:>>19G85>EI@:BC>8G9?ABB7D:)>A@9DB-0=JG:=9D?F>@5?+?=@BACA<8AE<4=B;3C=>F4>B:E3@?A693AD@;>=HI:GA<8;A<:@B7B>?CF::DD%:CCD7IE8C9BD=3:BDI9=?9:C2298:B8IE67<7BC6@D5>AHA:;F=<38?=?K;=F9;4AC>;?/?=EJ?E>=HE0A:>27=GD65C3?>AEDHSEUB::3:B@?>AH;CADO8:AAIILI5EHCABDH=LJDG6DE;>>IE+E/@?G;?GF+L=A:C6E><3E>JC:B8BAA6D?@@LH;>E8=-0B;E/<3=;G:@FCDHF0@CH47CGG:=>AEJFEBC>:>??E:7H<=K?FCCEBAG=B??BA;9I:4E>G?701EL0)K<66@CBCJ?6732BB;9.L:91?=AF=:E=:8D;B@G;AC<=>>@EOB;@A;9DCHAD@GD64DC7G7G<@=;BH,FH<.FBGC@54:B=JJDAI?;B;D/DEKJEC==A>GMS?H1=?:>HF3H-EAGMDBL8;A=E:BK33B>I';C?AB?BGD95=?;;?<4C=::739BI<95<;>EIF71G@?A??4<:JH9?F8>HA9?>;H=@=C>>B>8A>H1LHFEK88K<>-5J6NC3@AA@@;358/DBHH=DI;@A<>?/9;;H>:@H4G?83?30C=@B0C,B56BA;D8=C@8B6A@;BA7>9GJ7?<>=8AEBIJ5HL=>E=B5CDDE5;?EE5=K2:;D@7Q;4@5R=C;;E6;D?@E8A=CBAKA:>@>N<>;;:CC92A-?=G@:G:G2?C5>BKF6I9I4H<>GA:BBEF>GDH59=8DKG:B>.>=@>:BIFCA<>:=HC=@?FM;HE:6@G2EB@A:1B>*??8FGGB7L@B:8?8JE8B4=H:79/4GB9:CA1;?.E;=9FCBF@=C6(9?DD:8F2=J@DBLK5A==9A=BAB;I@>E<5;GIDD=8@@EE@D@K=;4E:??BDJNAGBKH?=B;KDACA@9F,BAN9AC@>FG=4?6?@KBK>K@J>:HA8F;DFA?G+=>B=?7?E?E>?A@C?CDJ>:7@@B;=>4?B0F5BE?=BJ@=5A@HBPL68FH8C=A=CJIA?E6:9>FBFFE0A:G;IO49?BE9@@/=52F>GDA+BB@DD8D=9JAD?BHKG3B:??DC3E4G:GHCG8AC/I@0F8B:<>K8:B;6=H>BB9<AB)<8E$M;?3>:>?DCB483?7F?O7&FFF/E@BB-EF;:B94D60A5@?D2J7GA?=4E5=EHD@H9DCCE<@H08AA::50?H;3=:79=9?D;6?5KHI7J<@AGI9:>EJF9B7>@G:IFCDCA>@:A;E?FA6EA?GB8;6@.?GG=FEDHBFFJA=7>I8D5?F;E??=:?83=?>19F;;=ED:EFMEE=IBFDC@:H;>C9DJ9C>CLD3EFA?CCD>G>C>;>::?FG=4@@?<5:95>>?ICGA>BIA6AEB1HK<>79A=D<;F;F4G7NE89>8E7D@GC69@?;AABE>=BAD;9FEAD=J8<>BF2?>JA?3FB=CF74E>5C88DE>M>K;<;7DH<@H9G@9DA?A?:;?G/?HGE>B??:C91@E98BG:1C:?98;><GC@DICIF9377GK@3BFBM3I4?>BC56HE?05F>F77>9?;;=C>;C8A914=D>;K?C:9I=/A5?@G6>D>CDC>ADG15HL;=LB,F;931CH6@A?=-EF=:4N5>><:;?4@>577C5EJ7AAFI?@D=G<@7J>4@ICLDIAG&D79:GF>F>AB=4LCF9AA2<89?GM;@EMDC@8CDBA7G4@;D2HGKE7>B@=DEC7FD>@>3@DB=?BFFDN;:D>DDHJ@9D;3G8:@=F=9G>8FGB==CCD6@=A8988=8K<6DG5FCF?EADBFIB8:3IF=DG@?>CE.DE?D==-GLDB7=:??B@C=BB5F2GI?I0B??=4=;=BC66?@A1>CB>?9@IID7D.H3D@=D6IC@>?:@;E5?ABE?FAH55?8=A88N87B29:@?E:?@9K=K9.:I.ED?;HAEK@E86B9;8;@FAHE=D9A8@?DG6<7A9E=8EA=G7:;;=?CM@7:@@723:NA7E:94?H;8F?HC?DC@?@7>?0=C=:A;?<7;>>EG>>DCD;@E>CC<2F34>/4>B?9?==>27=E?B?G@IJ7G0<7A9765E?BH48J@@EAGA:94=:94;H6<@OE<;C39C;DGF>?BJ?3@;:CF7H3D=>4D>H<>C>LF53D484@C;MM,DK@78F@?EFABKB3=LD5::HA@DCJ@EJCAABG>C7C>@B6E7>>1HDQB7?0;J5E?DID9==B;8=LE9CI<6?G@EAG:D:C?A;CK=I9>M@=8=A;=CD>;85;F=BA499=?9@8@:>95AC6?=EF0@>F/:AB?MF@?1>CCADB*?KA>C/CF9DAPJ78AIA48@?@5@G>:AB><;FAICB:J?F:EDAFB?B9B=EB<@8@>IIHABF4ACCJ:>=:A=?4D@ABA=:FF><<4C;A9>/DC>BG?=F<<4@G@0=G:8EBCC-@JCBAE=LBAPJIECD:1E?<>ID0A;6>D=F@15ACAB8;DL;@QH;KE<>EH>5@H;O:RBFAL;2>HBA;AC??DF@6@@GD8AA>9:Q18ICC>A>?D67/9HC89F57%??BC-O1P637FDJD@<5C@A=B?@B=@C?7A<:G798:F9>9AC=22S1:;D?1=1<>P:AD@IH>7HKA:H7<>6>JA5L9IG=B3AD@BH7I2J@D@D9>BLB0E@?IBHHB?=AB:JLI;=@80D#3E>GBK<8OB<3=5BDE=F=A7J<5@CB;/0;,>G<8-B?=>?HBH=:H6J@I:A58?A9?>DDAEH?ACH9DE/<=>=@25CCDFA?GGBHADDA?=7IC68::1M;PEBE=E?@EA6DF@;AEK?BDC8EB9CL18CCM?@;7=9CII=8FAD9;CBCGGC?D5"FDE@F>FD?C9;>F9@D@>;@C81GE96A?,8@K4DHHE.0/:3M;D5:;A:4=DDE;6QEIH34@.?@CCBC<96@IDB8BN7HO=4>GB7@GBE79B@8I=C;7=5>C8-DJ<2?EC>G3I6HAC7@D63<:<8J=8;:;<=C>AFE10HF3C47A1L??CACCAGCDB@EC?>FGA=7BE>==56?5@>?;B9;:A=9;?BECKH=D?>?F0G?EGFBFB@7AS9B=LLB;C@FH6;F=H<>94>9DI/E9F:?<>:HEEI>E@FFF33I@=D:6A>=7E:@HEE@=KFHAGD:A@9EGCB4>F>FI:9<>9=:59>8@<:DBC7:@->FA07I>98@N9G9;E6O:GF86CHIA:?B9?=:DCCEH;BHC55:4>FCB@>DLA<@:ANG<=IA>E@FD2>6K?D5F=B>8:DFII>4AAJ:EG=>>FB6E:1EDE@J5BC7C8G@>A:F@G::?0;D?B8><8C4F3@IACCA?/C@CC>BH=CHB@BGB8JDE?IK9?DC9E8-@CA?79MCDC;?C8EHKDEHIAAB;K>BHBA2EB>=67=A6BH@AA3BF/=>7G?=AEBED=?BD=<6F6=>AM?;:E;N@IBEB9C?ECC7C=:D6A==CH9?7E<6DBA@EE@==DEEAH>;>6BDE??>;>@IH@>G8AA4@9FHE@CJE;99@@>6DJDAMB3<==<>IF@C=;@@?JPA=A=ADC>AD?ABAC@?H6?<80,=BM8AHBIJ@<<:BG6A8<9A7AA?@@@>C4@*EKJJIN4JHAC?8H5>E?8<=CDJ?98B8AJDAA@3769A@DI8HHG9MG@B@A9A@>EFJEE-0:?D>E9H=7A3:=.7>@?@NJ;98C=6F7F;C:D=5=EI::H3,:><98GFC3**D>?85B0>;97AABA=;94>FI8GHAA7+=A=>4AJDE4EABBD8D?5?6GFA?=*EF>6GG;H7;J>BEDF<682B?NBC7>:J7BKD@BC=;CCK:DS;FCCG<7@CB3K?HD&G>;LFA@GAFV=J><9Q2F48C=:K62:E?IAC>DFGK.O?=7B6C4@>5?>?<=@EA@>5A49?GECH3AC@:C.:9IN0DEDD;:25GC?MBD7;>CFG0I<=85B8H;@GC>=7I6CA=B@D8=C>HMJEJ::FEB=966??56>5C::@F3<@>A@=C=F@6>EB@-?BA=;GG@@@7E:C:HA.47=NAF8F@J=?>BA93:8@IE@8C=;0:A:AD:=5=>G5>=D>F?EE>A7<8FDDE>H?I8@D>3.>FJ@=>FBEAGC;H>F962B@8E7>DH4<;>BFFA>MBH8E<9.>5CJF7A19?9C6C=9G=3;G;J>?HF2B>@C@?L?B:EJ434@<0F/@A>BE?9??1C3A?>;85:@?=?F>=GDEL=F57>(CD=>?EA?>GC79DK>>BFA??>I=9CCF:HB3GCEA:/@DDA2IDCDJ>AJHA>2<@?:EFKDDC:ICF;@:=EEEAHFP;FAE4>?9BFB8=EB@>=G;@@M;AG@=<6;?K@1<0>CF18?@D7G68<@;GEB:E=EB>9@F9EBBDB9BB=F;FC9:7G@D0FCBHPB:>7HB5C2>:33I?@GCB7:9;C?@C887?=B;D;FH285C?D-5H>;B@@DC=47<6F>?>3??=BBG?AACDID@AA5?;N?ILD?;CB:AHE9=EIG@:C7G;7AEA@JOB/1F=0?16MG>G<<=@IA=D5?CA@A8?DBK<;>:LE9<=B7H?=?@FG8J/?B?I@3Q/ACAI9@9E?@>R:=6:E:@<467D?H6>7D<==:>*8=6@4EJL>AB:<@BC@O><=J:=D36-6<5BGF9FMAHM@A;GC80BBAAB=7E90845284B=:D74D1C<=?DB8?=M?0@;>9<18E7F@B4=2>6<9DE1==3,4:@B/@;BA?:.JEB@:4@>@0AC=6+809@?8B:DA;>HB?<=@&;AFA>AI6E;D806=?@F2:M==2<<7EHCAFB@<:HDMDI>C8DH?P97E$C=1@@CAI8LABD6A9::C9>=A:>:<<<?CL?:HC:CCF?34C:<;?>?II?J/5?6?E?DD@:CIDCDC>B'0B?D=79DK5<>CDMAH8@ABKF;CDI4JK9AACC8BME57LI8MCH;E8J7DNKDABCAHDD;B>3A8G>B1AA0B7.BB6I/B;6:8=JF:A6LG:>G;C6@<5D7AAFAA67:=?=AE9<8A@DA8C4?@=76I:>,I5BE5HA>:?2@CA2D8<765EEA>AD7EI;=A>4<=7=D8B72AC@K?>?C:FBDC>>>:G,,A@AALEB@=A.F>CG@9;'05D=@?69@@?>9?<9?8D2EA>C7D>4@C<:BBF@67=GCBA9DB=?E=D9=E-A;F0=A946HDE@616?@BH827A;AA;H5E@C85E:=;?A44F@BG;FBD9E@6FJ<@?9HPBEDFC9C:;@@FF@JEECK@9?J@7?EBB6=6:7JDCAAAE7D2A<>A8JM>6J?=B8:8AIAI6BFH>9@A8K?B?E7D=:>8L2/<79CA8DGD:>@6B;3C;J03G=@@FBA94;HP@B5>0<@J,DJ:::;>LE>@GE92A8FDC??G:@9I@G@8IAF5F9;D>3;GAK@?9>>@=M5D;.@8M;JF>D?A7EABBCB@>;>@9?2<4H0:;G>2>C>9DB;F59>JFA7NFH:GCC@<<>CF=?E3FB7G?5@JC=EBC8E9@>J>A6C@?=>>?D84;5=@CG;1=;?C<@LOA3B?D=GC;C8:ISB9???<>B81C;?DFCN>=B,:D;GCD@DL;D;@AD78D7BI:C?D?A?@ELBBA/BFC2=+;@@:H94@=N=A?DFK35IG)J?I388>$9OG7>A9@J:4M?8CG;;HKDF=BC?F>?>.;@D0<>B?8CCC28C7JFJDCA:DC>CBM>6FE>CC5A:>;G@6F-9D57.4?E6B<5C?7;HA?62L?G7L?GG4A8;>7L(;:?;4D?AACCA0+<H9FH>96BKF4@J9I7;?;BD8><7=:3E?>AC4>@BE=98CI@C@I?;AA5=68H>3E>EBC>BDL7@NF>;?C+BDA;C=PA::F6HCFT9DE?J?1:B7AB<,F.F7=B<>F=>88I=DE9ECGDJ26IFC@I=CC;EBA=ADCEC7AG=@;GF?9>9I24F7B*?@MB;3D7@6:=@D>G5:>9>F8C4IAC0CAD?6BKNEF?EEP4HIJ<>D?HD=C@F)CA:EF<=73?4O=B8>7C@E7@A=@C5;@<>@CBAG8@?G382??4<3@B>1@A@C>>IEF8,E=@5<7A<;90A>==;@>B4A;F93L?6CDK:>F??6E<:8>;?@.=8;8@7E@/?8GEI@F3E@:>GI?2CB796?AFH=7.=A5>+=A?2?;C?>@EJ<099>7G>HA:BK?=@96K;C7;>0CE>:8AFCDD8B9F@=G?IBJ>/)8/;>2>;CI:D?;AH?B=E;=C/>1CI=EJ?=EC5B6EBE>78C41LB;C;E<<:AGAD=78@C+4E8J;6=F?J@7D577CD:>0E:6CHKG5K@?9A8;36C;;DB3>9E:FH>L>A<6BBH:7C<=E@>A=3:J:;,GB=AD@;:DJC86FQIFDIA69:?Q4JG9>D>C:6?DI=@CFE34F2:@?BHBDD;F=?GEP=6C6J;CAABL6EF<7GD9AAB;A?:@FB*>GGK?@EDGFFA=I>=E6@G>9=:FE8C;>I@>@-9ADP8?EHBE>6<5D;9C<4>G6GAA;G7EH8AG>>D=?G1?E>ED;BEJI=DA:EHLFI<<=,@A?<=>DG;<6?<9;I8;9FDCC9B;<==@<98=>D5J@BB9H?E>FBE>9AI:FA9@C>;@8FHF;63FH;=D>=EH=C7J87CCF@C?E@D=72E3KE7JBE=2/EE:H<9B@>>4.7=3BAG4LG?BB>@E?F9CG7EC>@A@?HDCM=BA=2<=N4B8G6>>EA;=@%7HPF4:?A=5E4>H>BFC:>=@AAAB8LB9<=199:N5>D>D@33CBE@EFFO6+8B>B:H2?C7OG@6=BLD7?C=<2C=?0KC3F;?3.D5.B9;CG;DP4(@EM:B?IE6KAHFELK=5<5B?E95536=<6BHEI<97.BCJF@CEB68E<+R9D?O,6?AD66JB8E08>?C>=GJ>B36<:<@K?<3C@>5<=CC;?KA5EC94;*=8<@2ED5BGB?J4G=7?FCA6;B9EB/45@7GKF:CC=7L0;?H<>78?L58EFH4E/=)97C=K:-D39H@?ACBB6@HADGB;;@>:1DA2E=CD8A@@C>>@?8>G3CDA>>>E>A<1A:=3AG=95,D>E@4>@;;I:ECCLB:AC:>BCFEGG7<:BD76G6JOK61@=2GCD9>CDM?<>BJB?AE<;B@;FBA?F:FHABA=AAADB<;0?B:A;MDFC?A?C:>FDBBF;H?N@8/;79;;7FF8=;4H9<3>B>JADGI?2;+I;4G:D?,JGIB:>=5F7DH=8@A:E9G?<89HDAGH@>@AE;8C7C>OP=99H.2BE=R6<=F;@H?72;4:6K>>:=?6>)E=:C:0?A7H@D6HA?41J<.DAK06C=D>AFB7=804GE>C,>A>M@FAC5;DA:AB;:JF;7;:=B9F=EAKE>;?DFF5>@<5?GCE9FG@GF@A>:4J=9?@:E=0>?>:7>?DB?MCD=77==@;5$>@2?5DCCAAB=AAGGB;@.<3CC-A8I3AC<>7B.FB;B<=BA:K7*B@89INK6<;H:FKKLCA@92A@:J95>@8@J05HFFA3H>DL"HAK63DGN?B;DBC149E2-I9@EH3B2C1FA;<0BF?HBHF=JBD4D;BCG99CAF3<@G@>GG:AB6E>A@DF5@0FH4=H?D8A8E4E;I=3C@9JEC>5?F@59L7D;?DD@@><)F57CA0C4G:G?>K>A==G@?9ECAHC8;8I;9;?A6>6@D9C=C@;A=:<=;CGE8O5?=B;I6H8>?>DCEF=:?<9?A?HC6A6:=?0=<;58CG;;IGFB?:H7HC8;;,BB>;07->?=@>GI99<>F-DF;A0;E=96BB9??ABAJD77A/6A:#;57>59D>>.5@7?-C:7D;F9@A=;ACA7CG?K@F9243A@0:FK;;9/8;5:6?AD68:4B=GM18;@FDI;=J?6E:F??B7=H5P=A?746FCK7:;-G36@B+;G@5@?50D?4EC0A68;KB.7CA@CDDA75:EI@>;A=HADAC@FE=>A8;KI=3H68>D@AE:DC7:>6>>AAFA>)>9=9=@;E/E;=;;;?LAAH=7JDFCGE<@?67E:@/>BB<8A+3:<4?=>998G8E9E+BDD-1D@;7C=>=687BD:E@G46G9AD7;B=3B>EE;9=,8BF<98ABE@;=3@>7CJAJ9I>6HEC:5?MP7AC=>?FF9D>A-@AE<99B7D/8AGHF9JIK>IGEA2?=4@;5DN<5L@;PA=>:7GD@O6:4BA;IBJAD?FH=6>8NI9I<.>=BBL;0FC@@8HDDCFAIIABJ6GFEBD?EDIBA:EB==?EC5:>DB?62>9BAM6@2:E@O9@AC>8??5>B69KB:5=5=;97=@9?=HDFBB4H=4>GEQ:8C3=3@<3??:FFI@>G=68A-9CA9=I>IB>85BE@;C;B4G?>FFD@B6FA>5<8EBLMHEIMIAD=MF0JGFM393:GBEDB:C@DN1<;>9@IFGFC>=LI;JCNL?IFI=>C+>J?5FCDBB@G=:AECIDE<9K<@>;1B>9@F=C?FML=RDI=KP7@ANAC?DDC=7?E=6=>>51A>KD??568BED?G?6=DCECFD@=?EACDB4J4DCGCAABCD7=;D7>DE6H;K;,JDH/A;=>C=D88@C2F>->9>A;F:;8;E??D7=8C7@6>C=.N;?H=:?@;;@8E?:=.C@EA;=@>A9=A?;CMBEDFC;DD5>@HE@BCDD;C>GIC=",6=F>DA?9?9;L;.S/CA?B@HHF6JED4Q0D18FH8>DCBI@F>6=@;?C@6DC4BCJD<>7:C7E63F
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f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”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o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c¿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žÿø¦ƒ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qÀÿÿñº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†¸ìÿÿÿß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~³ÛÿÿÿÚO?;=@4H=FH:LE5AF8GC?97G8BD=@D:'8EI9C5?>=79/;?5A485?=&9=BFA<9BQ86GB@D49:3D7H>36E>8@F)G?:?9<3>4E6A@;@AF3C>?C=BE/<@:6BBA?3?:1(<2*@9?4C<@9?<9QE-?D,?>=C?A=A=57==8=@C>CGBB6CBA::@1=>$<>8<8CAD>:>4H=:AA@1?7;D9=ABAD5@>C=H>A?:AB6@?>>:?@=GC=@A;CC<3A=8?@6I@E:GGE@>@LBC9F<>;>>B?C@?FD>D>JC@?E3>I=4=5@3I4AB>78?B=D>EA8?A?AI6=>?>F3DA>JA?4>CD=3B;>=:B81A8D?=B9?D8@8:?@8ED@9=FA<7B=EF8<=:AA,?6B>C??C?+>0EBA9:?@9A@=?E;9B:J8AE9D@AG:5A:?CEE7C><7K;9:B6CD37?EA65>9IF;A4@?C@9C6:1F5;"=;BC:A9BCA89>6=+A<8A05DCC?9>@7B8?C87@CC7A7<72?>25=B?@<<7B=AA?@K0SG@GA?E5I1EDD;2C>5:,=7=7ABG9D8G@7F94A@9FJ;7C:F:8D>E=2FA=@<@B<@7D?B5:?7;FG>9?F9>=:=;C52>1.;7@A;598>9@C?ADA4=D@:B>G>B9@E?DMGH80E@DJD>D6C87I6=D;?=B:@=BDDDI;27@BF<>C3A-GD<9;E9<8C=9I9BBIE;D>?>GIE?8BG=D?==P3?@>DGAB9HADC=JH=BJKH=4?>8I2EDIE;=>?2?DA99BI3=KJDB;<;29FED=@9@69==>?@:=89?=JCHDE6BC3>?=G:BBD:HG:?=E?@A?D;?C=JC6;9A<48AE7>5D7AA;B>=?D;=@=4K:@G;8E;3O;@88E?L98=CJDB8==B?C;DEFK;=6?@F?DBAAEHI38?9B?E<>98HA>H6>76E6;;EHOEA@?>B=LAF=5BCA>E=I=/2EI7876:L?9DBBE?GDABBC=:EC@?9ACE@A?8CEFHI:BEBAD5I:1;G3G;?:=/;)6F=7C;E;D<7RA@IHBCD6@B9?BE<5MHCM67C:@K,ALBG9GBAFEC;?C:<77BD6B?8?8G:@156:954>6H=F2=>;B>>>;[q…Õñÿ¤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f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p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a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cŽ™š‘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i|™‹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r^ce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ƒ|‚|iWVFH;F@H9D=46C@A<948?@B:=8GAB?09DE27;9@=A:=9A?@BA=@?AC=2??7A8-<9<=A9:D<=2E8A=F9?;GEE@G=>@@4D;?9:9B8=DCA?BFD.2F@:;=?B5?=?:G9@>@5EA4HD<@D=?=BH>7=:G5F;?83?D-H@GD=GBBE=FGAIB5C6C2<>C?9DCAC@>IDIJ>>BADD9=1BGFJ?G?:/BC@>>F;GC=;>@C?EBB@9IGD>>;I@@>D@9CC+G6;AGM@=3KI8=@B8-=9;E>@IA:@B=CAEB@CK?CA;;-=D@G??@ED@BH9H><:G=A??G4H@=-C6HHEFC8D=?9;SA25?@<<@FC=ME;TyOOd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u_Yig†€mGDE>@GA8?:@>=@@E==CEB=;?@<>B81@D@@E6BB;FF;C@?I@?H?2A;.CDA<@8:C6946E?B9==8DE>F6A>D8<>@CH?A;=EAEBG:>5;>4>B5D?A=<5D>@;A=6AIED=G>@;?=@@<;5<<.7>8A>C?@6:<@9A;>>9:;9A=B7649<9A;5=15E:A9/136AAD@G5H@=5.C65?B?JE?C?AI@GFE1@;H<5?H??B?G=4HCD?:BF;FG<>JD=3DCJC?B9OB?<@6D?AHCFHB@AD9?M5=979O5JD@F?GJ3BI<@2E=GCB?DB88BI@=CBDE:>=>B<@>?ED?;GD=B:>:>B5A7A?BC8?>A@>77I1DJ8EF@:4=5AC:6BC667I@G3EA?73A@:B>BG;DB448:A@B;0:?>?>BH>?@@E@B:B7;FK>;A2>IQKD:B62?AES9A=D:93KMFKAB/73=DI<@KD@?>A76C0?HEDFE=ED?CH5TkacrdL@BEABG:@C8CL4D?1;BAO=J@>?<:H9>CB139D:H>BC?ACVLF=KR269D=H6;AD9A4K@6B@A:FBG=H>:>9;6I2G=@>:.?JKEGK8RI?E8H@;?7DIE23B6H2;B?DL4E>A<@K:>PD@?2F7=LL@GJAA:;5AF=AG8>KFAJ>5>>8.AC=D56>>L=7BID.=EHK9BE<@7C;=6GGK=A>F;@IE@?ECDHAF:>D8C8LA>=A?5C;>>@E:>9>?<@AC>8CA1K>.>??65=>;:D?=6CCE7B81@9DACA=D?CHB8EA7F><@B5:>=ACJ?>=@AA6FG==?A>B>A?@?I?;6?==;K@G?E8J@06>DA<8A8D8C?K90LB;K8AFEBDFAB8BDJBEAA4=>G8FA<FDG@7FB@F:A>IH@7:D6D;=;EBABAA:>=ADB>A4A@EAA<@<=A>?B@AA*?EBFM:@=;E=HFKA@4AJC?=@17C8=;>6D88>8/IB(?4L6?B=?9B>CC@B6B;C@77>><E?@CB62D?DHC;H6D><>AK/FF=9CABEB=GGJ95HA?K)@;J6;D@>:39@9G4CB8A@4B@G8E;I@6=@B;;=0BBJ@@>=>=:?>E9:C=C;8<;;3D=B8>6A;@A>8@@=D=A;??=C<><47;BB:C:E=@B@96?F8@AFE>uY‚w™ru–n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w|bSNLKF??:9EBE$?H9B>K?D6@JI;B?1CH?<H8?H8BL@H@=E=7G>E/>K5:FE;FHBEC=F5?EDBCB>I:>>E-GFBB@.>?A@4EIEAGBBEDI?EB>QEA+GE4;BH=7A@9AD@8CBECF??ECG@JKAANJ>>8B=D8JCBCA?5LA@51=D>=AB5?=6BA@;S=:G@?G@9:=A9+;=@HA@E@D=G?FF@?D?H;>:J;
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{ƒj[TPAEEB9?D9:?@?DDBG@=BI2D=MD;81A96>@AGD;7=I=ADACAA;?A6E<;B@@A@CD@>==9G<=J<.AD=7BA?A:@DD8HC@9>CFHB=:;FE,J@CA?7=@AEB/;C6A=D@C>D7@H>8FB:8AE8?;E?'@G9;=9<:B>A>2K89D@9@:D@D=5CE;CA;DCDAEO:;?6E?@=@7;F=9>=7BG?>DCEFCDJ?DECEA@BCAGGB7GB<HF>AAD;IEDKD?FDCD1@B?B=<FFCD6?C=OE:AA89B?6DH<@C@AAJ1<:>;B<9G:FAFGFK9H?8CDB>7;5E?>F6=:;:CJ@PC2HGC?EOMA=4B@A8@D?B8;FDC9BG7CGB?@=@@END2EDQE@K?FHDIIFEBJEP?>GAA?N??;G6=BD>C6>@>0A8==@GE<0FCDU;CCDDC2?F=5EEC@7:BN8=G?>?=2D=LEJHCHA9MD:GCD=NE@>;HDEAA9E=D;CFB90C9;>?>OCCKA>BAID(BD39?F=IBE?=;>BKA=B5AE8?@?0G;;89@2B>EA?A,B?>6BC3A06:C=B>CH<>BII=1C@<@=E5?EM989EC@@C??>:>?AJBH>@,>F5E=A1CLE;?AD@70B53?DM085=2?A?15:5E2@6;2:;614J2JQEDH98C6D?B@?;>C3B5<<A>6-C@B=:ABCFCB>??A>?D;?3<:BF?@@@48>A?76=7C=CB>HB=95?BAF=C82@;C4:5=?=8EC9:D69CAI=@E:GGA98>;4=DB<>E?6;>B4D@,5B>:CE>=??AD@=HC>B&52?@FGNF<7FRFJ=DFJ9H>C>NBE<9@B?479;6C7?>C5C=D:8D?GC9?E;C7?549381D:D0=7C/9E@BE==H>?:B>=;7?B:=>DI@(E@H2=<>>CE==EC=<;&CC=A6?<>EC<9CB:99:79;5?@?H;7==A8:0C:>9;=:JD:G:><89MC=<::FH:?D@;B5?;FAIFLGOCLH?FB>H;BE>@IDCFA=<:JAC9=<9E9B=8DAC@GC@;CED?F=>J>FAHH67HAHCA==NAA:B@@>F??5>B:@CDC499CI6>F4@B;5;7=?I;CE=AA@D9HAB@2CJI>>=IA>;==A69@=4<@@=?2,:;1=2B9AI6D:?DG?<9AC>?>::8B@CCABA9:>B:4C>9@@B:<5>DA>16:>H4B:?F;DABEB<5?>DFBB@CD7BBDGCA=D;HCAA3>@EBA6EC>??2>?=B=KCJACA:>GGQF@G9>D?E9=FB@GA@?F>E>B<;A:MHA;F@?FAD<=;D=EA=C>BD=@EGDGCAAAJ;B>59?BA?B@:GCCFF;A.9GCBB=D9FCCCFGI;=@;I9B?BC>DDOFN:DH<6@?FEA=?M:?F@H8A=?>=B6PB><.ECEE;;;A825@C6DCF9IHB>@FB=A3BD=FI<>8LC<;C:;F:B>E<=B5B?MH>A>H=A@=D99DGA@?B6@CAEC=J9;BIDE?EI=C?D@;D=BAN1BBK@E=K@DCOAAB>AHG?@7B<>1;>?9?4GGB=>9FD?I[A@E:EKC8D?AHIAJBHF?CAA@D1AOKB:7@G>C7FGLJ1A@B5IHGJHFAB@N=HEDC9J6?GGJ4ABEND?MGBC@;DJ1N=:AUS=C9=A<>IA<>2;><>3G=CFGJ85@DL>@ADGJGA0889<0<1@@:>?7H9@BBDA@:;@@8@A8HFA9>-E@@9;B:@C@F9%>7I==GE4D?F<<>A2?G.>C?5:><=7B8<7?EA>D64<9DDCE>C:AEB==A75<7B:-?;>?C5C<6=@JD<@;AE=;H;8B96<=@<4989=;-:B9A=>D@?D8GC:>@@6686B@?1:3@H1DBA?E4:0<648B@<0@F5:B7C7D=A==<>4?BDEG?69<>=E?9>==J7I?0=D=F=H@;=;7=8@/>;=CB:=94>I><==B196=<>;D7;=D8=;B>D;HF7<8:>=ADCD6A@D+FGB=9B;=8BBB269D1B@B>5ADB=:FB;=8;A@B@=D49D?99:62;<;?0;@AAGH??;::9=?DBB5BFB;>:8AD=78F=697??C7>DC?=?EAD1J>98A:2@@@>M?TF97LNC6C@;G;@?>HM:@D>;=A6?15B;;>3C;DBI=F9?=>?;5<1>;7=6:C4?@?A@E>C:@8BB;@@D:AC8ED?57?B>=:?B9?C>E7:=B<==;@=?D3:HC1;B>B;>F@>:>?E6?69@D6A>HE8?<4;;AJ==>E=>@?(C@A9>:?:;=@=>BE6D:CA:=2;:6=B@=2B5EB@:B?>EC87;62@D7@@CDA>:GBAD1:?FCDCD;>K60AC4GDCGAA;@B;AI5E@9>HBC==>C:?F>IADB>D9B?:AC7G@F8BGBC;HA?>>BEAK;EBCCHDD??E=I?>;<3=;JAJA9>DG9K7FA?>:AAADGAHL?E@1@CA5;ADB2KC?E@J1?<BA>BB8LEFFC@AL=A;BE=BF>F>=DFAD987:D>EI3:CBGOEUMK7@DH:FLKHDCJ@D?@I:?NHH?@=NII@@DIAD@OMFE=F=3L:FMKFH?BFCKRBA;H@H:@BAD3A=B6H8:>BCC.4E3CADK4FI>CGEA8A?B7<<:HGJLI;9HJI:?>7LBIDA9F97GGJ>AJECF>@<9;ED*ACI>?P66@9=EDAIMGC>FB@EEDEL8O>EAMC86HAEC7=E7CAB>ANK@H@??@CB5=AD>AHC5GGJE3;B>A6:@FE@>BBO@>8A<;5AA>E,IBE>E;>8@&A=A8@6ACL4C;DACABE=E4@B68D7C6;LF37-A9:DB>4I=;9E>2B?@?8?B<9=4>C=7>@E2>068:@?B6?EB?7@A>;@?=;@BA1>HI9@>B=@$.=KD>I22DC>>G@2F9=4ACC>?>0:C8??::BB;:<7?8><8?J@@C56D.?@G>I?@5EB1;><@>?A>5G?H1>H:?:DHC@<@;@GCK>@B4C>6@?CE?CA5<4F@8?FB+EFEF9;:A@;>>H<;J7AG@:96:@E:>@HAD<@<:>D@EBC97?6984E0H;B:ZaI@B[KXQNjB[`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z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k­f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’ÿÿÿ€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–ÿÿÿÿÿ`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Ðÿ¥Y:A?3:9@I:?;7@F7G@D:EHG?9K5F9@DAGD?;-GL?7PAG.@7A>5B@A>G<=NF?;CJ=?87B>DCF?):B<;B;BIBE?:6A3BD>0BGBL=#2CCA=?=7D*:9B?8>4E@8>9?>/:>E2G?C,B8>BACA.>>7??E?@=@@;C:<=:3C=4?B>@1B98A99=AHH9CD@AA7LHIDD?4A>C;C4@78:AE>?;E=?>=BCB?7<@E@:>CAH92BAE?@F;CG2>)D>945C@:JA>>EFDF4;<;@;/A>=D;:=?:?AA95=A=CFCEA?CC0I;7CC2;9848;036/@DCAM>;76A-9>?G=@AF7?8@?::99FF.=>G656:FC8>47B:B6A/@:B);@>;AD;;:D<<76;5<;?/C.C=C51@>>;8;B@:B.5C3;@?21A;;=<<8=@@8B=574:50BB90EAE@<@;?5A8DB?E>;;7:HDH8,>?A9A8*@<;BE>@=AA?<3;B7=58>>?<8=;F:C>6E4;>2?=@5C=?@8<@BF<=6A=*H?2>?A>;@CC<>FAJC?C.D0:;?C986@;6968=A5,F5D:>MC:?;.5A8<758=6A/A??CB6:?@@>9:>B:=>AC6DFC5BBCC?94;D5*C@8;>BB@;B?5>>?9FB@:?H.L=B8<>E79;L@?B:96@>@?85HCGA5K7BCE@4*>=8@GDCA5EFDC?CGF4;BC.>QE;B;=>CB@A@=FDCAE:G?FC161KIMJDA/9>C=DB5?DD;K8L>78E=B?=5?;5G6AFDJ:9;G=5KCOO?:=8FK??=69D=>>>R6@>4/Q:7?F@7BE>=C9FBKH@>DU:;HB88BBCFEF67KBNH?K74BAEEA@>CEF79G;IDA@?NC88?>0B9A<;OFCH>@>=HE?E@9L;KCEJ?SK8MIIKDI>=G4LD@B=O=@NEOBL=GBRK?;KP@JBEHJBH?FE:KGDC;7HBMGANIHNKCB=;HLA9CO@M?=E@A?PF[BEF6<6DF+H5?BMC@ABC>7=KCJ=8G79C>BECDC?6@=J=CAC@B=B<AKG3E:?EFBJC=@3CE$BF3E>I3B=@K8HE<@;9A5;AACD@A7=G376B@AB:;=3E8A>F@>?5E:C=8+BE/G=1G==:54><:C1>=C7D9D2AJ7=>B7.@8BM02=4+?=6=6>6:;5<8DJ=>@FDB62@IBBJAAD>BDB58@8A:2@:=>669DH=>@0*>>875>6G.786@:2=>CA;=;AA6B9F?;D28ACA:BBDCF?D36@/?5:AAC7H931:?A6@6BB@?>BD>50>>7?3MC@:67B:?7B0>:B7=BBBDB?2>=C?3?G:@EBL:6:?C;7;6:8?::G8AA@@@EDC;HH@A:@3<4F9@BA>D@??C05=>@ACC;C@C6<<5A>>A:D>3H>4D=6?H93?FC9?C7;1>;9-D5@E5,@@3<>BB27=>A5=7ARAH3B?:@;819<=16B:@75A<<6@::98?;:>;/9BAC9:B@3>733?8HKA;4E5:=1<::;=>9=::8?><54K?C8:G?D6B38ABE@5;FE>>?0:97IDCBB@1==35->DI>:<@/BB9=>3C7083;/=1<<:91:E>3?A9<:=B>>G>A:;;=68C@=D99>BCC>D9>BE856=C6=1F9=2???C4E@>C4:>@:=:;<:@=<-5:=75@8@EJ?@4H<@?@CEA@6J>><:.A1;=59@4=<;A1@:3?47$:-1:E?G9>?>781:C<>=BKA>F=@8CD>@G>D=BB6@;H=9C?83@@BCB@A7<4)G0G;E@MD@?@F;@D9>CF<:?E;BCM'9BD:L;F>4C<>E:J;BD;:E@>:976?<;JBC@=@>7::=J>97CDB>=B86?ED7C;BC?GHBJG=C;I@?BC7HBA@?9B7D77K>DB7F?@BA>;F?M5>=@52B6?C9A,78>38LBF?08A7BDLMIGAM:CFBK?E9<8;@3@>?EHCVODDA:E738@:B?BEK=ED>JFWHGL@@6ID9PEBAW=UDKLEGJJDA?FDPIS7:>HEKC5JUB6@>HD>HK@8>IFKADFBO67BEPG;AD?I?RKFD07CHNG=GM>?9GI7E=AEHBB@H0??7?8MQC?D>GBACEB>?=AED>?6;J?/=BCB@;6*7@:E6@?BHFD.D@E38?BA89E=@AI>L56ABEH@G;HD>5:C4EJ?F:)=BAA563D@?;9<91BCC>@A@B>@@B5@?3FE98>9D9E3?@>==0?D4A??<;8@A9K>>5C>?;E<629=??;?B?GEG?630=?2JD02=FC:D91=>F6DA@8CG(FA3>76B/1D>2I(=C@A5<>D?3?:1C>=6A?GCAB<(BEEFA@E?@=?A:I2>=:E>/ABB@=5:L==,8,EAB=B:BD?6>2I>:C>27?;34?A>?;4<>6>5>>B.B:H?<@A)CH7=>BC@;C5K=?CE<:=8CB8.B9<7F;;HG@32DB@D>B1GA?F-H@D@=2;B>>@:@2=D0C>=B?5C@20E@48C4?AC#?8A(B??B<88;<@D=@E;05@90=@8C>??C>D@F7AAF<76A2A7@AI=DFE:@G@.1193?;?7?A@53J7E4@9?B9D@9BB;;B5C1?@=>9>F2<2G>;;CADC;?7<@<47;?05*7GD>B=@?7@F>?@>?99AD<(=F:?D9BD?:C?E?A?93CFG>?;B?4<>AA48B?A=3-;=9H?@<@:DC;/GCBJ1D8KB9GBHC7F<:0?F=A;EADA?=CA2I9=7=@C?49=J<<=B7?DF,A5@A9%.><<5BI9;39;:G7C>>D5BK?8DA6B@AG;7?@>K@@CG96AA1H@=8A8A?@:?1=M?@=/B5;A8?>@9E@<>A?>EED=IM6C8<7D;8HO9LBD@KFF;AD@DED?F@D1BG>FO>BD>BF>@GCC7DHDEDFD>;B8?E;?>AF:A&BFJAF?C8:DB87>;FF4?:BCBDBDA>B5@?A@7??>@<:5ERDBMJ<:H@>@79E;><<@;RVBBK9AA6=:2E8?=@KHE;EG:BBB=16CEA:A=GBAC:Q17<6CA9>/BFJ>=8L;3A9=G@:?D?MLAHL=FFMEEGAHDA6BIA7=EB?DFHFGJF;F6EH>=IF<=?EDA@>@D>A+EH7EKMEBEOME=@B?@E;@G=BO7ND?AN;7GBUFHGOIO?8=G>ELDGIKEW7?8K@CAKHJ5BF5>B>=>H?5DGL?B=FOD>D>@KFG;A@@EC?@C<2>>AGBB<@A?D8GF@LHG=>G=?=B:*7?:AHG4AE=@C1IJ?84=<65C=6>6>3AJE2?;<82=92+G?>FB>>;3><;=:DB79<)7<>41=@A>A+?9.>1=DAA;BFE<:52=51JCAA<59:F@>?9GH;8297DA6AAB;>:;7:?,E>EA1<@M:D04<<78D@B7.=8/9A<8F6CB>=?8766?;88>?A8:<@2:>2;CG@>EA<;L7EBA:;72D/G@77<@A;D9=7A8B=;6GB=@71HA;B=;C>ED>4.EE8BDEIF@9>C4J8A<<>?G<9@>IE=B>B9ABIDD>9A?::<>7D;2D95:@<=43>88@=BEH??E@/E>D;>CD>5FB:F<>=B?H@7?BE?AB:=<8A;IB8?B@:?A9G4D<9E?-@;BC6B<>AC;8@7F:=>=479A?<;59AD@59E@46?=DBC>9:<>B?;=B><;=F267@FB=8G=GHEF76FCB2?C=BD89D:9HD8<5C6E?B:B@B6@@@=9D4=A>7>=9CC8BB3@>?BBE?@GB@AA:/FI?BF8ADA>8B?80A;?>==D4A>B9BQC@CA<G08AC>6C9H5C=?I=9>?38>FAD?B7???9H<>77=A;>=<@,C)4GF-DC=?C>FB;@@CD4888;*A**@@>4LEA7>=D9E3=1?@<5?M;D?=<3CE;9F>:42B?5=:;C??I:6/7=AAH-B;48:EA45>G7@=>?A=<>CB2CA;4:E@F;LJC7ACGEBGCFG=CIHE=@?8B3B=;5D9G;BDFC;=IJMHD@KD.BDEBBN>;D4E;7FEEEGD@HD?@G9E?=;?DA;8;GJ:8E>@=G9F0PDGED;C;ACCA3?B?:DBD>@2;;>G>GAH<48BK@C1>>@C>?A3HBC=@=F99;B7M@3C2K@I=CJ@97IE:CD;?C;DC6HCHBA?9BB;EAC6H>BDGD5@DAPEJDGA9E38F;@HNC6<;KG??3@JK3B@5HR=5>A@HRNIHS;NBHEBGLH=:?=?GG?C8ADG;@94@>ACC6>;HI?LYLAITFHGGEH\EKKFML=;8BEW=CWM@CI@GID8HDD>IMFA2KJ=CIC=?>JRM=CDFJKIBWPGB=HH@;J<>9DCC5:DE;IAAGEDIIBD;4HHCIDESA:CEE9AHJ?<=><8C.1?M9FB8@6<;/=7CGE,7=???8==?DAH1;@/5/54BMG457A?AG7;CDBA?964C6A@C1D>1=>EB52@GCG@@C>>93HG2JL;HCDE?2CJK=3BCI6>997>AC>D%>F9>FB:@749>==:CA%???8>BBCA<=882@B=>=5=DC8G@>A=>5=3C8:>A7EF?BB35:AA=)D4@???E@:@@6?<><:@<0?3<@6KE8AG=?/;BF@K:>84F>3BDKGA=0EC:D:28AEDA@BC?:29@D6?9K==?06B3A@>=B>:@;>G=>E>7??<>?>=?AG;9GDEA2:9F9A?8>E#396=@AI7ECBAD4B=?E@:9CB@:A;;H<8C3?BBCC7>;;DA9;?@:8>;A;B*61;B<<8?ADECEC5E2<89C77>=@>CB;A>>B;9;8B5=DE=A@5.?38CGA8=195;@64A>?C<=96BBI=BDABCE9;D.=AA92B6A>D1>C=7?9D@AAECC@5::>CH>A58,D>A<@EGI<@AA@:>;>9A8@?3;E:C?8?CE:858<.?@0974>.;<3FB>60C:918;GH6E/B;9=?4E/3A;>6<4A?BAC:=2:<:>8B>89=?<=;D9?I?EG?EDEA?G?BB:87FC>DDL@;CC?BCIG99A3H>CC;G=E1;6F::5B>C80JGG9?:@5N>R:FE;CHDEB:LCAF@=HC9>BCGBBAB@>;QG<7@C@C@JD=I=FH=?HB>CD+GDCGD0>?A?DJFC=G:?A=:=>H:E=?C>DBC7LK<592IHE?DACC=DAF=IHEFBEDCC@GIPAAG??G>GSDKCEH;KD>DDE8EE?@C?J7CR7H?M@?FBDKMRMHHDCQC?=FCI==?27@:<;:?@GC@C9T@@1H
  •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b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b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hLAF@MB@ACA;CHNNIOKUIJ6N\=AJNEJa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f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m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c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c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g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`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`E?IL19@Q@LBE=EFJEMJA>GM@6EAB@6UMNRE>AKEIUOK1B@C?PMECOO7>3KD8CI57G65EEA=FF<98FJD>I:HD8?53:A4G.:;CJB=5??;GAD;:8BM2>6A;/4E@=<:=';;.==F<;19/5'DL68>5:CH3095B=F>BB;:G@8?D<2I?9BBBG/>C=<5J?<85<088-7>@;:7H@I=3@>4>/C?@><9H=:)@=??287<<:@6970GF6;06AABI57>6A>7;2C8;:+A>=113B;DF<@@;;982<@7;@B9CB9D:B)8.F:>BGB;-B8B7K6@@?9=E2@;4=F?:@CB;@>>B89D?<5BCD:&?8G@@),;538FBDC=A6?B?E8=;=L=:E;663;9D<>(@4-3:L>=<=>@?,@9:,?CBICBG43?3?<=C48068ABCC70@(?4;>9E<66:=,6;9@8@>76:?>A?9:C4ACB?9?=4/15?1<>8=8?.<4<7995;&;B==?/1@7A;B2;>-8:@<:8.=:=;O:9A91=?50A:D37:@<94;6<:=?8=3=BD>1@;A8DH:=BC@C=7;>>?<;F5?@BA9AE;E:7DF<69@@@><=C55F6>8::=99@F>@?BCC@;@A9HE45?K:8>CD@F<;FA7>GAB<>5@4?;C=@>@@=I@I@5JD7C:AC>>=>>8AC9:@A8>A?=8DD83B<@;?CC:?8G=?===B>;;?8@;?4=C8?=.80@FG7A?=67:0B6>8;91D;6?<>?B8G=B>277=;:IC@G;:=>J9B?9-B@C==;6>?=>7G:B?/A9E>9<4A>BHDE?=KC@>ADC>?DCBAB;?<>D1CC8D@A9<@EGD>BE49DG=9@@;JAABCA8G8K=6=@7>CJDED@>FA;KDA@D?5EECD8K?IOFHD::ACM?@A6?EA@C:?2D?7<;@>EGK<;D?9@?GE8JFDIS_IAD?EBDAHK;>GAANH?AECB?96F:ECFHFHED?AKFBHC>6KCJ=D5FJ;OKAIJDG9LD?M58CD;DBE7JHH<@31HCEP1>CA;6EIODCBFB?ACPGQMK@5OL>==9;EF=FCFHA?IPPPGGFE>LL:E;@8;EBEHNG=N@JH5@M@RPFN@BE@;FSBJ7B;=L>9=C=HHKAM;DLRAJCJBD?P?C9XJBPR9?CAKAH?AGMK7HDDD2D1EA[8LF2OEF6=:AEILG=C?B8@>=DMPDDAO8B;KAE55:@<4OGD@<#@L<7KH5@B.@IG:>AFGD>F4A@ACD>B<2N82.@DB@<1CS@9?.95D:IB6=E;=?L>IH7DBHHD@A4>:7?>CE=<><7A9=CCG84C*459ADB=@:>2<9?,3C>HA<,EB+BF@492::;4B==;5C:<>E5CA<:>K@E-A=A=HBE94?8C>E89?>ACC72C;BGFAJ;;<:2B9@9??B8DCKFLCA6@=:JE/I5G5@4E:@=B@C283A5;@8A@6486EAF;<;<=J4LB@=;@==BA0/EB8;'CDCA?6>9=>?H@?>=D=:11:78J><6M<;>3D9A.@EAE<>E>EBIDC;C?8;>>BH8AACE>>FG=5C1A<9.@B@9@CC>;5?;G6;9:/CE==9:D8:<@A>?=>;DD?D@5H;?>.<;=5;:;=9?:A;@FD@8;69-:>D:>?D;C3?3?AD@<6-<;B?C99?:,24>98;GDAD7;@BC@:8D>>F=E9FAA;9>A;=6>;;>58D9G;C==A>9>H?;=?D:2>@C?@;DDD==JDDG;AAG9A;?><H@EDBC=A>EDB=DBH5>8=@@=@>DD=@8D;?E>DC=?I@>B@J==55CDD<8DB=6B?=B)@?8:=?79@7>=8:>7<>E<;@5;>JHB@AB9:*H3A=6:I9F>H=39A=B?HECA<>AAG@BD=CBFJD=>@9?>5@BD8>?K7D;4A?H;@4;HEFC9=?NG+JD@@?G0D;G=8>>*CE?ABL8=B><6@3>A9H?AB??<>@?F9@H>A>L6DF@EKIJ98GGGO@C3JKBG;BB@H4;>@>>JRWZNG9HGDI3A7J>QB?GHBHV?@JPFMCK@>H@?A@?BJOAD?@GQKFOH6JEF?PQ<5VQWYLE>JODNEALET>@>TJACEA8A=?5B>.0;5DIH?D;7BUUNA34?PKZO=?LIHA:HQCO=DIAMSJEVS5GK]B3FUIFD;FOKD66::>ME:RCIB:K@;CF<>?GOJBJ@AAEDF7OEAHNGHD.>EHB3CA,?DEDBE=5E:EDO+HDB;IA*6D8TII5JM3F=F1DJAKBG/@DLA$BA?K-IG>@)33:CMD57BLB>46B?A:LFA:L=>=06D@EMBKHAA>CC=*K/AB9;2J-H@=@7<84?905>:@8@FFGI*??@B@AC@CF17I==F=A6;>A3>?-B;A=8?G79DGA?G1<90F:7:;F=9J<-D>>=:;6B>@7=C6D07??CE:>:=?;BBFA;2>>:>@D<8+=>8;=@B?<=D9=8C?B;E@B?@9M'=?>F<@4>=?-C?C9?:D=I?@5E;;H6FD>;GA=E0I@B7:;?=:;;FCG;?I:F9(7@-6EIF45>ECB>1397C>GC4;CA>3=@D<;>DD8E=?9C@;AA<2<8?2A>.78?4<5G?2BA9?4AAB3A1;8?@;B;5@0C;;/.;>?9@CCA28=@3<6?:;D9<1>89E2DH?9A@,;>B9;.>=;/71A:;:<3E0;DF?DABIBC73?E?<:E@@;C6=>D:F;@=C6G<<::11;G4:2EC:@>8;3>9@>C*?9=:A@8AFN@4@<:AA7?F8EF8D;989>>E9<;7?*:7>>:A7<9==GAD>9EHC<>;GC>89'A>AA>9=D6>H@=<=A:I8>D>=*@7;;GF@BC4=@=7F72F?=>=A<;,A>8@H9A>;?=>G=<:EEF@@=9AD4B:>6E>BF>8AA?1=>;?=B?8<=G:=1GAAB>>;B3=@AAE=9AB?>7A<:;?A-7GBA'B=<:3F:685:DDC>A::GFGBI@>C=DH@AH@;C=BADCLEB=?B=F@DIJHBLMCFDEHDDC:G5EB7BCENO+B:BCI@@>@JBCE=HAFBABK>/E9I?DCD5AEHNJF?/=DBAE?CKFDMBF>=>=/CAB>=5C?=?A4C6D?54@@-C?EBBC8M=EF@CD9DGA>7CA@AA9MBCCLGHBJ@DBBAJD:ALQ\o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foYL?FD@CIF?EA>JIC?A?=CIC:@=H:>J6F>G:BSHGJO=3BFC:KC9D6?I=J=AAGF9EEID=OKEBYF@Md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opdZGBBFD>OKGI?DM09?BDFJH;A3DKFBH?D>HGI>DEH?NH5K8CHAI`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~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wKEE>BD@RGNJAFB5IKM<@GK7CK9@BLD@?hFEHCVECC?U>GBBEMN7F?M@C6@3KDAHNE9E?>BFCNC::?@D@IG8=C9HGEO;;?@K>HICAADH0D6?I?>?-BGEB@JIFCJ?DKD:BBB?CBF984B@BDAAK@9?@;<@;A:I:CE?AE?7<5?CEJA7;><7@CA:,B:B<6@HD>8>:A)@C9EE@C9@?=C.?D@:1DD1:D@=7?F71F0A@7>=@@B<0F?<:@5J?G><5:=CFA;JJ>18;;@A89B>H1<:8??AAG=DNKDDB3CAI46?@C9%<:A66?4C>A=@CKAH?8B3D5:D?DDE9:?CC?CD>@;6+0=:>@716?D=D@D5<;?8CDB;7AO4F:K@.9;=?=;?>A=>7=C>@E>=H6AD717?>B5>:D9CB:A;@D;@JA?@BB;@5DHC=>C8;?CAC?E5GE;3/::G?ABF4EAMHD>B>8+66A4=<>@E=ED=<;2<5?D>8=0AAC8?7B1B<>@0B@>DC>(?=;F7:=E?6?8D>DC@@@D<7A=>=:GDBDE*;G4C9@@@8G:J:??B3G<4A2?=@HAI;;A=<=@LC9FCI@B;:87?5?HA=>=%1:A@@E;BB=@9C@>>@92:2B?I<5D;9C74>HC3=1K8>;BC>7@7G7DGCBEIJ>@;;:A@D?C;BAFA9=H6=ELD8DD7AFEAG>?D7E>;4?A33A>OA?::E=9FLHB:9>GJCEI7A>>CB8DC8=<3B<9CCI0CF5DGEBEC@A9CCD@HBEFDHDCID4F<4AD=HHALFF>0<;=5??FDD@JHHKBE=MNO>A?EB>R?QRHMD<:ARI@H[O>BCJ??MTH?E=@MEFBOPDFQPJGH?M6JHMGURRZFB>EUPGREBIVM>=LHJPOVPKBOQHOJTEBHENSGK?C>=D<2DDR?AJGLDOAIGMERJ?0GJ9@F;LLBY;ENNBHLKB@F??E=KBC9CA>@MGB=B@6>D@LBGG/ICDDC3B6ACAABABC1?JG:A:KF51=C@DB@=HH<9IFIF=D@ED8:A:2@B3?D8%/9G?BAEB9<8<=A;9=>N?==D6A>AF89@<=@=4B>47:@8<:9888?=2B>2BCC=BACE@7<@>>CECIB?E>D?DCGAEE5A;7CGD@8=>>6FBBI?4@:5E?F9?6B?H:G=C>BBD>/;C=8>4>FAI3A?B::JDG:4@7>@@?C4;=A;B?CDIE>BGCB@:9H6A=B::GD@C;@9B??ACD2BAG;;)>ACG;7?->>?JA?E=;;;BG>A5<=H>B2D@CB>@BI=@:/;@?KAEC*DEAF6DC2:?8>BO?=;353:9A?:F2/?0C@>EF=:@D@;>??F;?5;?E7A@8AA49??07C:@>5?;6C:AD;:C=6EFC7AC@HAC=BFG;F>A:B@=EI@<>AA7B?A=::;2@;?7=6DM6ED?:EBBAB>BE@C@@B>;<@/=;9B=AD>D707>Q=@A:<95B?F>A?B=?@4AFBD@HFC@>B>GA=?C?D3IC:BBE@:8AJ??@DBGE7=AB9@=@@EC?9?7?>A>@A:D=7E@14<5A97IAB<>@FHCA>?BAD:C;AI@@C<2<=4G>EA5CAGC@G=K>;;8@GACBB;@;EFDO=HI>EFFACA?:D3DD>;J@D/;F=I;IBF?I@B>B?DDEF>ICGDBC-9JC>CCF=C9K;@9GEBECA=0G:@H.GC:80?IAB:>;JDAGBB>=A??;:BB>2?F=EHADA:@;=2DAGECDHC=?AC>A?FHB?A==B>=FDMB?:G:M:JBB:F>=7?C=BA<9??=AFE@HG;GMN9TCL;>FQKDDHF>?<7MNGGC=HPGF;??JEOOLB?ON;LKIW@ZSBDKEJFIE=E?IIF6J:LHDJCNFHGG=D6>?M6@ABSM?IBJEKZh]JPFHCKHELAE;EOOS:EFQX4:C>M;FUHFA@HE5TG7IAMAFK6AAGDE4?HB:O?=IFIJ8E37CBEK?53R6AM?@3;;8IA<2GDKDHCCCBN3>?JC78D>>E!?LB9A@HC>E?@@@EA<@:@C@=5D:25:H?;:@+@;38<;IBH<7@9B=??>CB;C:9B>B<:;IDCME=HBDF6>9=??<5B56D?B@F2A<@A=KCD?3GGFE:?K@E@K>@C@CAI<@4F=??CB>=E=4GB;=6@6>=B@9;=E;E>C;>0A=65B>7A>7BFD=B=4A>4E=AC78>>B>77=;HDHAB;:863A79B@:AA@97A9?ECHED4C3H>DD6><E>77K>+59:>7>@G='7?@0>A?9B6FD<;D699D7EH6@?D9@@BECD6:F@>2ED3F8;5>>;4=>CCEBE>>=5@I4I68C@BA;6FB?HC=CBDD>;;:<7CCCA?=D7G:D:?EEFF6;@076E-BA;<9M?>MC?IA>BA6CE@3:C@9<8<=;9@=F?>:AA?<>63BD6GEG@8<:CAED;>@ELE,?;BCA>=8@BE?=H:=?.@@EAC?BA?3@=7?::@>FBC@?6D;DAAD4C?D5?A?C5>A69;;@D=B6>;E?5@DAD?::DG;8H6B=H:B<:A>86->@DCC?A@A?G:C@F:C8@26ABCA6H:@:@7;>BCA9CGB?HL/I8>=9@@?=?B@>G4A>>F>I<9>D508;BCB<@@==DAFJFB@@=?A>CA6AF6GC>>>BBEJ8C=CB:F?@EC=;EE=B===GAB=2K@RC>?B>AEAB@D?B@;EBBBDH;FEB@EHGDIEMGAHHBJIB<@;BDFDFHH?EA8:E@HA=EFDAD6A;BN@DCD8>?HF@DGCAKAPH@=9EB@CG=EI;DBFHEB?>EBF@;@5<===16TAOF?6J:AD@8D;CGBM/?GN>J?F2BF;G>EURDMSMIGSL??ADC?A6?N@HDOHBKQTLNCIPOJ?8EAVD>DLK95NJ7ISM6@JH?@ND6JFFHJFI@B?G@E5<8?6\HK9>;A@G?A<DPK@QCHH?FOK@D@DFFKK>EBC?@AGFA<58>=>A2@==1?DOJ9>@+BD3FB>AAOAGAG>A>7>;G$C9<3@?G?A@>L93;@52<@9@L,D?;FBH1ID0=D?E1;.37CB9AA5:@7:-==9/CBI0>B;@:@5<6?@D8>C:?1.;A?;CI8;>AC3D=KD7?:CC?E?F7@@B<=B>GA@?B?MA=72::=8;CA7*GB@ACC49@:9=9?74>68=/C@9A:(FAAI?>A;?DBAC>==?BBCB@@=7=IDL>1BDE=@CB:9:82;=E>>::=E919C4C@>A7??@@ACFE3.4?DB;A=:2AB45*L?1F>B1/?@3106:??G;777<<1;AB>3=8.?D=B5841BE8?E?/57?4:D9E:>DBBB>7;A@>F6B.FD;=CBB@:=>BAC??@>6C'>49?BE7@A:?3B<3::547,GD7?50A@FA<@?;(95A6D7IE:?H?@>>=>A>5;?:69=D>>I;DC=3CD;367+=>?6@9D73::ABG=@:ADECGC<;HF7B>BE?8@H?D@=C?FBDF@=@C6EC7D68;;=A8A<;C:=FCCA@=C?DDEE@EBF64?>ED@3B?@D>23>3-?>A>C:?6EC;?A;1?G9><>>3CBC>@BAA<@8?B@DGCG@<46E?9A<@<9C=55=8;=@?C6DCC=>@*C?8)>B@5>9@<7;CEC=B6>;A?FB;=5=HH@CB=B@==6A9B<;D?9@B>B9@:<=A1@ACG?A@B8@??@@FDH9?GEAF8=D>ACA9?A>C>EM?7>A3>AEF>G>CLBADF>5CT<8>=EI??>@9=D5=FDG@63IB?CB=?E;E0GI9?AHK>ECGG;:EAHAIG>?9BB?4@EIBFIADG@=CFAE:CE>>EJ?9@?D@=A=A@DA5=DJAGMGFE=D9DGDE0:?JFNF?5?G<:698EFA:FJE<4?IF3CCDCI.4DAF;CAPCM9>GE@BG9=:?IC>A9F@EJ?D6QDB?:IEECAJJ>@DFF8>@GGDB@D8DH?=CFKEBFG?GNAF;8F>M>IHFGG?AC9BC7H?K@FUMOGIOEHJFLQPADFFPHRCAC:HJJHEI>?;?HGCDB?BQIJGIMP?=GFEEGGN;:C@CW>ON=EA8HPEL>YKE=FFEJC>><>B3:BG?CUD?FFD;QHJNME>OIK:GOOHMLIR2KOALJBEHNHJCSSOA@=LHVG9KFME?LKCDPBSBFEFGHRP>6FQPUANBJK>>a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`GDHFC@6BEJ9JI>DK7a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b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`IJN=XQJD?JGFK[cAEIKLHGCTKLFHBD3JTNb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iN,GCPGEJBJHDCGA@BGKA<>=BIH@?EF<4QSGFFB=GCB=DILO@E=EBB>ABA>;E?M5=>?CJ6:A>@CC><68>A;=6DGA=8@5:@B>@C@4AB:B:>L@CDDB0@;CI=(>8/E@LBF=DCI6@B;>BB6?CE=?1>@A<:A9ADD@B>;91:=8E>?>=;8>?5CA;@?>6?;D8:;@5=EE>CIFC6G<@==>B33AE;A@=@BC1AD0:=86;9H>CA>H7=ECF7G.:A>C>D9>=<1IC>L:?DK8A;;;;>>>>G5=?CD8H=>C:=E69=7D?>=H;?7BBB:>D74BE;3;G4>B=D7BBA>=B8B9?1C4D>:BA6589@>9CC=B<<:FG?A:A<2B;<<4?4>=FAA>DDA0A=B;D<8ACF-==C=B>?;B@6IE>=>@A>AA416>E@???D8=>=?7:?;1G9C:??G>C>C=96J8GA::A9JF-CB6;9>AAFCDI=C><>?DEBJF=DG@5;64=D?A3D49588EE>4=:H4;C8;B9/G=895;BC=DCF8=@>8C=;62E5H;D:=B6?<06@ADB@@;A;7@=H67GCC@5DG;98;3FA9A>>79>A:<9H>??ABCEDFFGFAICAH9L>:K=DBBL;LG?D7:/G:@7?:<<>>DIN<9DEOE<9>CD?EKKD=8AA>DCBC2A5O#>A?>BHDJGD8D<><;CEEBC>)@?4AD@79A;D9@CAABCBD7:D>9<;JD=DII@E@E1;5;CBBJ@;H@7C93BB7H?;AA5;A>JB@IAD;EIDFD:=EAJHCACDH8=C8HF@@D=HD?A?H:@B9A7L>A<@EE>@FLA5;H4;;@B:8LBJ;=HZMBM5I:C:FU1CBMLDCCHL2@;ILA?;;UGaS=^F\ZDIGK>LCVJICP\FKO>DKRRT>AV7AC=JFPCMMBO@DK@AH6TDZG=HDFMSH9HUUYVJHEDKCHMLBBOHHZLF;HCGIMHFCDID+G=QD0?c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q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`:?GMAPTLHWHC9FRFDDCG@FIIFPD=JRMFOMKHK3H9=AB57>HNCADAKNEENPFE:?LK>64PFHFCE:AC?CR?CAP=HBH5M@AC=MQMXAG7BHKLFLCc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jwscOA=;;9J;=D==H?B>=E>;E@;>>AD89C9;;G=F=>@9@DD>CA?@@66I@;HG=;=G6F@;;<9CE;LCH;GFAHBD?7CHEF:=A6JDDABJ??=BCAAC>@EHCF@CGE5>??C?F=ABN=ICJ;?GE9FL<8B?EKK6?B4M7IC@>MDJ=E?MT@FYM>BJPRJJALFOGN=IHIHB6DRGJTQOPJLMFCGE:?FRAKPAKQF@BLIJGRLGAKQLSKNI8DE9;B\LCCFKFBCHCSDGKkFMIOQBOEKHMJ6;A:9:><@GQILIEA@BKFE[Q;SJTI=K8@R>.G>;LN5LIVNM@HSGMEHL?CKA>ILJEHGHJNLF\TGREIC6CO?C8KIDLEG>FBFO?>GI?@=FO>CMWMS9EJCWUGE:\P?FALA@=5DV6I=7GAC6MC=@HEM3<4B1DGA?7AR@=D9E?D9JAB?0?C:KCBAF;DH3=?GJ9?7ELDBKE0>26C66AHF1=AD>)=7AN;8GE=I8GBH8::?EI66:JA=CB.45A9>4I8>:@=2>?@BB8.FDJ4GG@G:6409@B8D9@I:>89<8>7G5==B?H?:?:?@/?-I)5@;AC2ACA<3B?:939BC=,G9;;AE@;=06C/=/B@45B9;2=@?A?EB-?I@A4@72=B>AH5CHEE@22D;E/@>4@7<<>:@FBHAGA>79=A;93@8C@DF?70?D;@>>B;6AK9@@05;>=@?26?427DA;7CA4D@8**@74@D=;CA8C:8F:EB?6A6@AB?A/<@>6/1?C4;:??=E==81@?3DB98?E9?C<;4=GABGB==E+:@?G5>FEE<%A?N@/8>F?@3??C3=>:;)FM@B>:=7??<:-4:@9@CD:;3:><<<>;;D:?99ABAA8=>E5;EB=BC;:=7:B97=:;G=.>?AC7C>>D=>D8<4AADA9=C;C<:8:>8AFC=F9CAD=G,B8EDF:9;=I=7?E:?4A>G?CA>BE=CH=1=D9E>>A;?:E68;B@@?3A@@CB2;B@B>AEC>CD<EG8>5@<;C;=BFB4=E@@;E9C:AA88?=:?8>3@E:;E;DIBA<=BA?HBJ?F??=9=BEAGD7A;:9GCC=B:;>G6<6ELD>GCE@8@75@<;B?=BACA)>2;;63>/DEE3.??=E86>1=;?I9@?BA9;C<=CH:FIA=A9:?::BA=<;>;SACFF3BC=?DB7@7G:8?HEG>C>3@<:JG8CGEUILM@=E?>;=D1OI@IIK?OLYAJCAEOSIIF@1GJDEID=[?HV\VFA@;DFKFFUNULLLBFFCHL=MB<=NSTFGKRMIAB;BDMLJ?=;6FAN@HGCHF>PGMLPKBGXL9<6DG>AN;@ANN?PF;?KFKLJEJR\LCE@FLFNHA@GJ;AJIIPMGQBHI?EHCBBRQFFHJ=FKK?IJUX;-MGHOJL9@[JHWKFLS6D7@KXFPHFNW3?HAPK?ITFCC;HKEIE@A4@A@G-@>FG(DDAC>3H@=NL??GEACFBA7DG>>?DAC?BC57<@>;F;H<:=AE<=ACB9@DCMN@M@D@B=;FBE;;::@D@:2Q6@:@@F;@3BKNA=B@:C/A-JLPF<>@AAC>B;48@3I>/DAE>G@EC2C;EJBOBC;E6B.@C9843;:<9J??@9GI=CB@L=92?:>?@E)B?<>I:GE@?74C3IA;4>??@97GC<:ACJ:;B4@CB2:FA;5;5C.A/9C44C=;AD:>?DA8B@DC-E<:AE6B>=42IGEGB?;><@EBJ/7=<@EAG6;@CHI6?;3C<4;===;<8B<4D@A?2G:@85F>IBA>B>9=;A8AC78:B9?7A?DI@<>D@?B=@EB8>@?48GBC3>@DF@I=AE>@C8>/?A@<>2F:>K;6HG?7@K.7>D@@<>?DAA6;;IG@6=70E=ECFC9A;DACE)G1>3?9B9877D98A7? 3@=>DDCD;F;B;>@:8>D?<:?=:>@CE:A7BA7C<<,?8G:M5<=>@A7F<=<9?=DC;A?@E8D0<>E=9:BI?A;;>1?:=3BBK@H;D=>?>EE@F9AC?;1A>A<@6@7GC?EE=@E=B9:>:GD6F@88BB@DC@C>?>AAEA@D7>CB76C8B=@O>==??<;?A;6DJAADJ.>9>;>C>8:98?=8>>>=3?>CA<=CCD9=HC:=KE;6?A7BC9A=B?B>9C7FGCCI;<9=<=:?CI=9>E>?=>=>@???9@;?>:>=89D=>>;?5>@9=I>>@7CAD?CIEBB=GGGC=DBEJ?A><@>H>B>B@G:CB@73ICEAAD;6KEF@cÜ·ŒUBCLC=>N@;>@1:EF6>AI>>@B@HBB1?FC@69JC@B?CB?DF6DD=6FACB@:@DJ:BA<2KH9:9LE?C/ADJCA<:=?A<>EG;BGK>DB;?;@:?DC>=:7;:BBCCIIBHMF7F>OE=?DFGNE2GC@HY8I>BFTH:?MGLD@;=KJ>NDC^NBJ`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t´†i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`m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`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`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x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cKQ8:CDGBN@IF8KMVcJJ7TE?JRBKNNEFM@DBCFTE@MIG5KRVJEIIDIDPAGIIIEP;VH@)@NK@=GLBO=KR>CDHAEEASTVQRN5LIOAEEECGDBJ@;8PONg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aY@IHOMPAGN@COHF?@=@D:6C>TIR>NJIIC:CWJ?@8IFHIHLPUH:HCPEDCTCARHOGNF==E8>46@E8JNGFKIGSLAPGACHC68I>v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fFSO?7PLIH8UBOMFCDK;JQMXECMCIQSIJIG?EWBB;ENFJAQ]DMF2KEDGD<>MDHDMOBF;J=F@Ta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`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cDKIFFVc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d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hNHUDGP9M;L]SISE7FNAHC2AXDSM?AF?7DDIIEOGBDEPG=Q9IVDIHFAAETADA@HG9QARR[NDKLBONMFKMP=OSJABAJKOJNCHDEG@H3>AB=C=>9LAOGEGKKG<=K;AHENREARY0PI;NGCH4SB=FQCNLA;LIC@;799KA>IYEJAKH>CGABBNIC;IG@;E=HB>D>NBFBMC8KC=E49=E:6:F2D:CC=7>@-;=2=:?8@56B/7E>B;1B@?;?C868766:E503>:>B2DDFC?22B3/=?+6>>;8=LA864;9DD;8@CB@<8>=BC91CC?<9?D699?>B<986:/-=@?3<>@B;@>C9995B=2BB;9;F13>22=76=6A=B8;D;BB8;<:3<;-:>D<0<7=DEGEACB16>EA6=D::B>@G@>;BCB3=A>A.==8;@7CB9>=@>2B:AC>::5B;C?G;:F;3@HCE47DB>;:A>=D->4=A>3I?938E=@AB=D9G<8;29B=@DC=E>7=650A:BDB?@@7@A;01:<<6;D??:<=5N=@>9<>0>B76;<@=;CFBB=2@A56A>?;<.=<@5;?B>>;4:DCAD@;=>2<>?=@7/6:<9FE@D=:;<=9AH8:=@:?=49BD?:@=90E8;>=5C@<;IB80>>I7EE4:CG?-D<=E:?;B?=KC9894DCF1:@C?EDDA4@B??75DEB?=?>:C;@@F=>>BACFIDE;?@9@08;?=?74>=?F=6D:EB7FF?A>=A3?8DB7BE=@-AIEDEEBH=H=9:F?;E:M:=DB>;?I?CG91@F:C;GCF=LABAI8?FA>3AHD>38;@27BEF;@EE6D@CCC@>7A597?F=<E;@E>?=>:B7EE8:B=73BF=?B<8<9;?@9<@<444DD8>F@EE(@FB2?A:870R<<7B8A>@:>?GGF7<->?8DC@?A7A;;;=>:<=B=;85A<@C<@FG@OIIB@7>>?;?E<8AJGCED9DFDECB?F3@;9?I0=>4F2A?@=D:G;DC=;G:8A?GAG;5ACEF=>?ED7HBBG;CCEDICBCJKLB=MIDOEILG:MNWL8MGCda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g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z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b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d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gUD?IJO@NPRPJQ9PDGFKEJNUHMNKFLPRMFN?@NRFE16JKNOE@LHJ@;<@FK8CINACFHCW_GNH;J>><\a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a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`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i@DI<96M[PJH_RI>KO?C7F7CIPFFIGB@KQD@@F8>BA4;AWNXKGEA?MJT?H_MLP?ONBMa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l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c3FDOKIHBH?Q>=CBLIDCIFDC?>=CHL3@W8NJDJHINNC?MSG:[SDZQDWFTQ>KCGBKTFQNGQG=NOHGHCABDV>ENFHDGEEHGOMIIQa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n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o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u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bGHGDRNOG@:=GMMCLOZBEJ^EPBAELJIKCVI@CJ::CINJM:HDNNPGGOJ0DMB9ENL=IHEAH?>PGAAB@=T=IN`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a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`QVZSDDIGAAA:?7GCdFO[GAAYH=OO@PIKCJ:;GEUIJA8>GB:6HHKGMHGTJEIIBJAJ=ANDFG?BBB?NG(?6?@B:HFDD:/G=E?>EAP;:I8JDCOCA=/=H?5ADGFB4:AF>C<8DHD:E@D?:?F>ECEC=)D=AJA4A??<@HA=B8@=@IAI?;@=N?=;?A:ED3BK;>F;@?BADD8=AC=I?;/?9?DNFA;C>=D??D?4A;=CN*EBA7BCD@;<5?;ECADG@7>?A;DF=@@29;@M@9D3;H9F>C@1B>?C>@=E=9?5F=7CB9?8E;K65DF>=7E<@.>G8C?DFF=CJ@=?>@@B?>A6@L@@D9D@E/:ABFAF@>AD>=B>BFC;;G@D@8;49BADDBB>E?3AG==>;HDBB@@4<4@DB6FC,?CCDBA>4<@96@:9@E:A@@A@@5@G=?C?=G2EEFIB5D=?57B<9B47;D??9IA778EBFD<:H=:=:;66EF>BC:@CB?::,A4:7GNFB???-9?2>=C>9?8>4B9A:CA=AE>9;?>=<:JGDG9:5=;D;9B@H9BADGD>8A7@CBB?1/>AEABG?;:F<19?>FFJC<@<>6BII?88;>EJCF@*529:;E;@A>B=E:H=B3>2DBA>F7B9B78A8?CCE>CA;>>==@J@>:9:=9=<975DG>FH@;>@?7D7DED89/9E31F?0AH73CHK7AF9IE8F;.E<;GBCB85KG9ECAOD<>;IC@;EF@;BKCH>@<=E:BD?>H:DLEDF6?;5A3I8=<7F@;EKDB;;7,<,>@?J6P/K@;J@9KJL:?IFB=8===@CDBHMD?EFAE;JJ@7MH>=I?>DA?C>DCBCCFJ?DEHAFO=B14E4C<59OMF@;RBLJHEWKC?KKJPPAGNM@AKJVLENOOA;KKOCEENAHN:AFBJG@RUDBL@H>AM@HFLHEGG7CJDYFL3HBMICUR:LAUE@F@DBZR@AD9F^IZQFOMJGA8VW5?FIF;?BGPJDFIEIBLJGG6DOLE>=F;IAOJ@KJ6HCB>3CIXG?G?8;=BBEABD>ED<9ACDK@9A>BG=98)B=05E<7>A<9EF?BC>=7?;B@BEBBEF>=F?J<<>8<@F:DMG@5<9@DD=:<5B9DC9:@@.@C@3E@:E>>0GD>A8B=>@AK5@=F@E@>C>GA;A;BA=A?6B@7BBD?68?;B>0==?BEH>@G-<;6@;?7>?B<=C.BBA?697?A;AB=AEC>=EE>=?;BB@?::E@8=<=CA<@6B?E>FFFA?>@;@GF7B=FDJ;@A=2C;FKDF;22CCDHCGK<0;7:>BD;CCA>:><4A7@D=A7JIB;;>6>>@E>>?>>9><>DA9/>@)HF:?B;/A?4F:FAJC;F:B8@F9=9:=72D3E=@48?0;C3*<7>8A7@M>2?>>DBA1?>1A?=<6?B:HEF><>D9C5DEBD9>3E98.8?FD8F@D?=A4F=>69?59=BKE>=DDA<@CB7E@A==A;F?@AA8??66;JD:E???@>;?H>B:H>>@/DH@:?BA@BAE=I>;?;><9@5?4<;<8GE2A85078>A4EC<;D79??G7<>;B5=:B@1>GA7@6A8?:JI@C=4E>C<9<;@;><6;=?E7899==07/5BD@=CD.A;D;@=J-E98:GCGBCB>7=:>8(D9H:/I@=>HBD@;><5I=CDC@H7?CI:CL>AD<:QE:F9?@;7=DB??AFE8;EAJJAG,-PGEAH@=HE6BNF7J@G:8I@D8A:EAE?GH@5FDC1G@B?D?PC<=D@?BKF@AA7AC8INDD=HCCJDEJPXA?;BGH>SAAB_EPGGFDYG:3FSR4DMNELDAHH`QDTSBTHEINAAF58KHCQLFDAC>ADKPMNHD=JUKBHD3HDGHjJFDDFE@C4`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aBD=BDDH@BFJE=BCDLHM=?Q7LF)HK:;JAA=I=IFB6?DB4D>FEC>:A7??>=MDBE?5CHK8A@>3=5A@?<<>=@?<>A<=F?95C1GH=C?C:9?=;;7B)B3A>4==8GAABHAD;8J*I=?=9CAA-A8<)44?FAB6?;?BCA,F;BCC9=<;A8H3;B3:A=;3JJ=9D=B>@B;>>;7B?9?I7G@A:72?B@?@9BCC9CB>;2B<;B>B=:IEGCB>;;>7<6FA>A>44A9E/?=D7E@@H?6KDAB-C@=A@@;A?=?>E03A7;>CC?:A>9>JE?C@)A77B5:;?8=I;D@>CB@F9>;?::@E76::5;=AI=.9E@E6==16C5B><3?BC=?A9(DE4::>E4?976C:AAA&<:/=>C:4-:2;H9F<7>9:(>>DD<=:CA.DG=4;EE;EBDB572D>4A>8J>D9D@A9@A=:CAF*E*A:CC>>A;:=C*@B9A>:A-A?@<*>@@?8/C;;E,C?B;G?BF;?ACLGAAK;=C=?>@AF:?:/7A==BFH7GA@=B96A=@A88@B=2B?0;@@CEE>DB048C>?BI;?9;C9G8:@;5C;8F5=@?:6BGHAAAFB;K7>8>>2B=A?I>BIC<8>C?E>C8;A;1;H<C4==7C6@@=E>3>67@@FA:D7D4;HAB7F;9C.3BD?B<=@C5>C7:@94>9@G>ID7::3GKC>9>?997CO@?;7>:A7BD6>=F=>>1BGEAB<:?AM@>?AF87>D5OEDH02DJC>DA>C@I90AA?>GD6EEFBB@84E=?4=HD@E?CA>IBCF>=?:8CB?H=B>B7;IA@8A@=B=/):E@BDF=@=AA8A=FD62E:E@A3CDK>;CG;C:FG8KLI@=>7FGFA5A>:C>AKL5;=6GE=PB?@AAALA@E@A7DH@DEF;DXIA5DCJBM>CUL7FBJ8EQGIIBOMJALCKSLDNG;JJACCG1DMDB?GDBHOQ\MCFJZXSZ?ISJJQQ8KECDaJ>6GMOA<<@FDAGCFFDF?FEF=@IHKIJBGS=@NFLII@BFNBENCJDKQ\GDFKG@FKB<=K??ADMPR?9OPD?EJEAEACB=CID?PNADGHd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`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e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dAWTNGJSMONCERJPF>BLA=BDKBCE@DGMEN7=7<;BDA@85BC=9CAADI4D=L@?F>DA8?KFBBHG@@NDGLNMNBEJRHHMDHIAJ@FGEKFFKFGKME>I9ITF;M=FE@KMFELG'JCRZSJJ=UW6IEQFCHKAHMIW[FIOHGI/JMEEDD>B8LC?C>>:@ABA=M6I?H:6E94;F%2HI;F:KA4EAKH@?BAG/;C6?/:D?3FH/=5=>;@67=>5@DB@==B*:A,>67D2;D@>?::==/H?:CI7DB;?.D;@;73ECGC%?90=3AB?D;;3B>>?=EB-@=C1CB58BD;;2C7?31,:@4=DJJ<><71@>E=96:3BB9A7C:C8@EDB<:FB?8>5D?>D.EC==?:;>F>J??=DJ8E>>5MEB<6EADB+:E6BB;>@8><=@B+.AB1>>EF>5>?:B>E=;D5B@F@CCC@>C:>>?C>88:3B8AC;?;AA6I@EA4??F75;=B5==C?:AC8@>32FC<2BB-@C>@I:I;2B?@A@>CD>@HBAB?>DH@BJJJ?@AB=DEA?CD?@<8=6=D0>ACB@A9??C77AFD0H>4<8>97E><>=;E:?9:59BA=?AH>A=D2CB>>@C=;B@B14C@<@1;?E:A<;D@H=A4AG79?;;F;D>?@;.92B::?7:HI7:=:D@<6@A<=<49::G687>:66-B7C9=:B?;6DC;<7+C>=D?@B:95>B3H<9@83:D>;@8@?A987C?<9?87-43H8:<:>>9>7<9DE?=D66.:>FE8BE0;8E8A@EAGF?8>><;DFF06@C@3EC>74EB69;D68>9A@A8?A09?8CA?AC67?B;-9F5>J?.I:7C@9;?@.@>G?6>A*D<016A6>>=:A:7A=>G<7<6;<6>7>>C7>2)A.@GA>9@?8@=>7FD77=801?371<99C<>@<<@A22B8.:1;8><4=E>0"@?44;B=64A;==CA>7AG=:@==*6A>@B=4A3A:BNJ96.?E==E@;AAC>DCE>BEB=;BJB87:6?ICBGACFEBAC5C@NG@6G?F@<;?;6C9KH?F>D;G5:;E99@>K@?C@.;FN>>BAI@>767L>57A@5CHKB>:DG1GC4H;FJXO;?EKA@@;N@?EF@MOMIHL;FL@O>CGKKJEJRGKFREGFW<@KRJDHMFHDHPGBLCCD=XCIVVPGD7E9T;0KADCDMJ?C=KMGT6B6DC;2AF<4F:D@JD=J>=E5DCPF>?BG?>2A.9?KC@>>.ICDK=<,C=F48<;N9MEJ:>;CDDHEB>=DA?>6@0:5?@@DFCF83B526?BEB;??G5@9A@A<:C@GFB?7BI>4DJ7CK6>;?C?D==55@G@I;:<>?DDB:?;?@D9<96@C:9GHAAHE=E7CJ9A5C:?>@C?6:@>;DCA;A@>:@CD6AB;04B<;4:86??6D7;C7=B@?8D5DE::?>,FC::@ACDB2:9=DB@DAABB>;::??>9>?=<>?BFDD>=D>DJCC=/B>>B>A=B0AB?EBCH?=D?9>=@B+?><47:>@<=A:D8IEH3@D;:98B;73)0-=CE@B<>9=C@E>DA:A=47-8B?==6@:><;5BB;GA?69:5B?=>=BB/LE@/8;DE3LJB<9D.CH7CAH3E?;=HJ?>E7087>C49,B=98-9?2;0C@5C@>>G?4FDI4>@<6<=H3@@;88AD;.9:84=>==<786?D93@>9D>G=6:?0CA>83:@?9D6/C><<3J9I79DB91>ACA.?4C=A*:<:@AD?>A<8<6JAE39;@87B4B6D=A5G6A?AB?@=B>=D4B8:B;;EE;=CF@3B:>7FB:B=;>;><@<1==?8A;D?4:=>;0=>BIDC;:AEF<1C=>?7?>B==::696B<::/>B8?6(97@=:==17::G?A995<7.0>:=C@F:G5B<5<=9:A31@1B3GCAC?;8B87;<7BC6EF496=@?1D@5C@6;D>2<;C:GA5;A7D=@:;F9D@:AD9=2C@B><;4BADQ?>D<>J<7A7:N@4?@;:8<=HA=@>=@EAD9@B;0:7GC@:<3>@;FB.9:E@:>?C3T?:GIFB<9>D@6BINF:>C;AI87DEG?@C>F?EI=0JA@GE4:,EB8>@AKG7?4CD:@C67CCD@FBNNJ>FJXJ@KNIB;L?QM;HKJG@HF@HIC?KDBCRGMBILGGJKF`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a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eBDLNFAXI\HAGH>>M?F38GCEIEMDKG7>>QK7G;0A:;9@;@D=A48BFF?@87D8.BPOB?LSHBD\MbDM?EPLEVLJREHCKDJ?LKDH8:DIJ>ABGU<=L@BJCIG?N5AC?BK?NBN>B?@7DRB,BB65E3IB?A>7BAAEE@=G;J6@7A?8B+6>EAHADD8::;IH@@=8C8@GJ@KB?=@@;-F9BD>=BI:=G@@@4?:?@9:>>2G@).;@?BB-9>9EL>?7DKA@:A:@>M@@9B87@.362A9<4C2C@4D=>I=;2DD7:==D,HB3>C>=7>AB9;9=<@7AIEA@=>?BN@==?8=5?;DB896?+:;6@=83762GKF=B2B7;38>7E.@B@@D;?E2B;??F=@IB=A==@5?A?HGL@I>6ECNE8@>D@<:EA>B:F.@A;@4=>9@??55DMC@EA5BC89DG>;GA=BAF==;=F3;:@CG948AE?D.>G:/A4:9B?@2??@?B+<;:?CC@6@EEBD9CGA:DB7@F?HAIAI@?<=-EC8B@K4F?=D=D=CG97A=G;?@EGCBH12B?>EBFAB?<7;3;=H=F)A8D@CG?;>>8BCE38MDBB7FA5FF74?>?CB>=4F??0CB@:?BA@<@=9@0G?C@CCEE;6?:D;?>=0@@A;A9C4;<0FB9/DI;B:B5=?D@GI??@6DC:CA:CAE92D=>4>3>8>?=DBFBF>D?<>AHFF>C@B>CD4/>6AF:@=7<;;E@@A9EA48?9=A<;>??;>A;F8AC;>0E8?>4C>=;1:8BE3DC6<8D8=:BGAD;CC9E>8F:C:6C=7<7?FIA=8>7;H4H8BB9AFA>EC>A2?>5:949A@KE9D'D:GKC=F9I:?99F>B@I>@9;4C?AGBK>@G>4:=3AFE=F<4A;D;>B7:?@>DBDJIC?<.55B?84BNA>75=<;@E==GH:BEDD8DGFB@FEBJFL?:GHC=DMH;>J8S79@?@1FHLEKCGI@JEKGHKFDDC>FTO:CEQBGNUAEPKJ@IP>GN@NCCJ=AJGADDQKDJO?H@DFQ?;?HWMNQLT9NKIFK<=AH7CCSIMR?@GLHBJAAWKLJINHIGD<7G>9EJ=E=:=3;;865A6>DH@9CEA@CBG5@GU;;WKDRHMIQLFGPKKESR\RCCKTIWK?tJDC@FBIEQEGF>N@ANINb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f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c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`2@B;KMD?Q=C7A9FE:=AA?E:=F=ED<>D2DHC@?AHCLIIBVNK=<\CKKEIQe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`Hf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`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a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c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kDKIR`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f7D7B>58ADF@C9=DBBBIG=BG=BF*IQ:CB>=@9F:E6>@:?I?:PHG;>><:;G:C98A8=G>F8<8D6GC;BS8GDD>G@R4A;B?J8==HD9AMGF8GG=?4B4CAEF@GI>B2DCE>;DHJDB?G;?DGD;DDHDFLI69>?EDK=D:L>O8ARHCLHKD@CD>>FDFGDM@HDIDLL?P=BOYLJGFNRKQGA;iMF:JHKCCTRG=GFIDJYO>GNNL2HaFH<=I=rKF?GLBHA9ISCSUF@GB?<>FANLUBEQF@B?SC>8@@:G?GAIHU@FLKE^=JFXD\DBRCB9KVHFR9JP?DTBYPQ0KEIGDFC?><:`JGAVF>H7CKB;2GNBK;BDGOJGGFDBJGI[@KIDJ==K]GWCEN1JKCK949;>;@M2?PE>?>D?LMTGBA??DE6DHBA@CF=@KMD@?UQ=A?:B1GAQBBCBJ4FGHC?LLDLB?8GM?B?3;D;A=>?>K?>;@A?11@8>=@DE==7?@B<9@1I?@B?@EG>A2>B>7?B:BDO;HE=?E:H>G?B?<7F6;6D2A;;CC=?B-3AB@DE69/<:;E<84@?A>C:5<@C0:?B45ED8:2;;96ABG=>EDGABD=?5E;@BBA;E7F@ED:=@>CA6A7A@=<6?6CA>?DA;8@D3,4==@B9=>/72>8@;;A@91D>68AIC@'D=@B5E@HB>>6;F6/E;:9F4<>@E/@7::?@FA;?A<:.76>8?BA@+>:47?7;J,7@>6A5:?C>08=A:A?=7B@DC7D??EA;=869@:D;=H72>@0A?7@>82<<68>?7AC?;*@>9K8<@<;<<><;@8>?13>?;44@3FB@;@C>79?=;*9:>=73:?=<50;/B;7>@0?DAC8==I=@C@@8?;>:4>@H<=B?@3?7A;@6:JA<;5D<7>@D=A=A=HA9@B3D8;)GBC3<@9>=5FAE@BC7EJ5B6B8>;1B?4C>D69H,FFF:;C@>5I<>>AA:@EE7=?62?B=?8@53A@?BAB:H=7=B;E>9@HCAAI:?B.7;6:??;+FF=9>@1@835<=A<<>A65>8G@3@98D2:HF;:A@??8;27>I6@:@519=F1.=>@A3G?CJCD+=0@5;A>:;@F@.AJ@D17=6@GBC2=?D?5D@CB@@DDMFA=@E@>>L=F?8C5FA:<;?8F:?C9@AB1AIFD:FA86BDF;>;G@=;7B@;@B::8>:<1:DBB/C:D<;@49>3E=7=M8C:>2?=AAHBEB;KEF><6I2GI@=?=<@K=FB?8HB?G:?=AK?CEH9FKH?DJGJD==BGG_JKH6F?FF>ELHCKI>=CKD=C>XJJERADBQMCNM<LFLJOID=B@EJH\J7FEDEGUCUDDABCAAH3IQ;@DDF9CHO@EGI?@ALB;3HUTJA@A:QLMPCMKC\PKJ@Q@B;89OYFK<>DO=CFJCVW8XA@GASMBCGKEG>E?EJDF?>G9EDDMDH8G9=QGEA>HCDP=K:>8A?CIIMGGJD:?A@3EIASBOCD=GQ:K<D;@ECA?8:A/K9ICN9@C8>>6CB=FDD>H?;=;:9?'>3<:?7,996;=D@G>6>>.;=8?AM@EE=B@BKA3<;8C9I2BE5>8C1;5?=C<;>EE=/F?F:E89>ED=>6;6?A8E+;;E<>8C5@@61CA<-G=8CI:=<9F0;B>9:>5;650@>?A=:J8B@D9>@E18;=/>>9?BB<==??<3CF?F5?3:8A>DE@J?A4B9A;DCD82B9/>?;BCG9:;>BD5?D>6<*H:AD:<75C9=4F<7GA-48<;@;>?FE;EBF>;;>B@>?F=;40@0E9=5?-8<=>@@B=H;=?C=:>18>5GD@4=0A:=CB@ACAC/7<;G6B=<<;<(7EB>@:?5<8;C>ID:=?>64H"@@13>D5A>;>9H?&IB?C:;9=?FG2I@;A6>@C9?A=C88=@8?:,7E9=985DR=0:BE:;2AC<:A7B8@=>=-<9B=EE:J:;E9?:F3<9814;DA?C>H;=F@5>D5<@-B124='>95;;01<868CG;FA=7B=C8FAD859BFH19<*6>;F3/7G27GBF9??C>8>7>L7CB=<86B,FA@?==C6ABCG=DHIDB8@=?7CD98:@@9A5E;??B>7;899CAEA@<;D??<7B?=3A308?D=G?@<64=>1A;@?G8>4A0><@8?BA<;;C@@?DB;@B@A?A::CD7@8>1A?>8:9>FEA38BBB9AF@?:D@:=G<2D;5>>?B@G>7BE:9IHBKD46:?D?7HBL:ACFC795FJCC-?6DA:?>CAFB4F8>@2IJ6>?CB5D>=B:AHDI7<=2B;<.>CF47?G7D?ZA;8B=E5DB5G?=5<17;A<6D079A::P;6N6@E;>@:?7C2LGGB88=8@5>C@9?8@3=?FD=CCB@D8=G@F:?N1H-GJCH=OA7GB=@;HFB?FB5TKFL9?J:BJHPC>TFEGFEGI?N5HHF@JBF::MSLCKNY@#BMBPS>GJOAA?LZ8BIB8A>GPEH@FD9EOEKZABJAECJFI:I;D5?@BFQIJTB?E>NJTFFLM6J:AB:@A:LLC==L@I=?DBBNAP:GBH?K=C6ABC@3QLF;=MJJKK3J>0=>ACE3>7=CEJJ9E@I@=D?IFHJ=IFCB?=C@C@?58>AB>FC4BD<@GB;:BA?==,87B;GAB6EO@3:?@I$F@AB?S9@>DR7DC4496NA<<2F>6;C8:D-@@D>.@AD5C=<=8CD9FDJB@<6=D7>EE>>E4?HC@;=DC=FG;C2B@D>??@6;38@@:>/7KD>515JH=:>7'75E8D=5C4E<>==D7C7AD9CB;F78A@73;;I>A::1<658@6<;87C;BG9=B2DE4>:@1=H3"@>?@<:5C<;8A@>34>@=CG5I;;F;8AC8D@C7<9<5C=>BGAA;9=B==;5GF9A2:@=>,:4=?@B?G>>B:?CB?AC9:A=8=8G:C?@F@?@E4=3@5K@5><>66<@:D;AA@>A8=FC9;BAE=7B@1GA0?<45;58?9C4FI@3>>=D;=@,?'LC:B:66CEB8?9DC68CAD@7BH>:D?5C@<4D@8D@<39(999:4?CEAGD>4@?9B?<60@C@-B3CA7C?=?C=>?BCE:?>BE=DDB@;85A78;>@;@@CB:G>AAD=;=>=:=@C?38C-C46DAD<9C>H?>A<:?>IGDC4>@/?B@@N88F=B7-@:DEAE9@=B:5@13;ID?E@<8>>;.>C<;<.C27<=@G?6??A7;?>EE@>@:@:G6BEFD?JCG:;889C0:H@?E>C;FE/8D?A<6;5>1F:@5:B>;9A78:9;;:>+7B8@;A@A;7AEC56=<6C58BA<>AI<85J>;3D=;5:?=;B;?B7:C/=@C8D=G=;G<@=CA;DD@IH6A?@>?3GB9@>?6AE9;@@C=?GF?IE663760L<:=8FG?A?:E9@B@8D887D96B@7DFABEE5?H<>?@C67:*>.FF459=>J=>;A0)9DDA>DIHB0<:M;GA7>@G@KB@;>6=H=E6:9@4A:9:?BE?K4BA8AI=4MG?JKG=>2EBBHJFKK0MRC=BEPCSLG?8>YCCJGEBFHPB;ALZCAPNRO>NJ:NK:OF?HGKVOCOHEN10DI?JKB=END?9LCEKPNSER=GGBKI>PHB>CN@=EPLCJI5MCFRK7BGGAO=M<@ACGFKB5Q>FC_SICKb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`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q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c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e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c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v…NCC>1/:576@<:FA+?B@@4;;B?>8CI=0ACL;6EGF@AKE<6JGE0H5D;88A<<8BRHD;GGDCD=:CLEB@FSGHF@?CJB;RdRH?GQQIKDKSOBDL;QTEABQJDNCHGHEDAELFRHC?DKAAMPbKO;9AIVE:I=JKGJIDCJ>O=OFHJICBLG;@KMM=DMbHZMMHMN7?BDHEBCDF@C?AJBB8HDMC=DE>FLA?BG@D;IF<=LCDI8BDFDMJG6BAJCQCD>GFLFCC9B4HEG=CHE:MD78=HOK2M;IA8?NJMKE;LKCLIDLAEC@4=CHBAA=:DB:0A=?AA@PMJj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`š€¤€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bÿÿÿÒÉtNCB998;<=DG4E>I9=;885;89;>94=F:E4/B9::>=FF5>3G@0C6BH?=KF6EB@NFDD@D;6=K<>06LID1B@0D7GPPROFFLB>F4?G]OYJGTA-;I4DLBO>JLACAQE;NLJADPIC9UD6=Q4VTHFHABH;<=HVDJAMAI?TML>NDF@EI8FG]MMQBX6HRJXOOKAOJE;HE1LAKFCSMF/>?E8>ECCHGS@MTEN`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{ÿÿÿÿ¤e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qÿÿÿÿ¸c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zÿÿÿˆKK1>4=7ABBADBEK=?;:CEC??@??>GD>JCGE?AB@CA8L9ED88;@I?BB>4>G@BAB:=@@FVH===AAH??@AD7=A=MFIAK?OKULF77HGGFGADCBK9=JOL8MMJ?ANVEITCAHEPD>6MEFFI@NE5IFCCGA:8HBBHJPF7JIJDDCADHV?FD5GKBBCQULRJI?MHJJHFC?J@6CEDC=GC1?C@C<6B>DFF@IA<:N86>7K3@FN>FGBD?3?G<<)@J>AC48)>D>5;HD@CIA@:@;7FA85?I10D/55C?@EDA/KEB;AE4:C4C-J@I65:9:>*2CEE9B?DHA?:EC6@ECH:3G?7D8D9@-HF14>GB=B*DBA6GF:D:B;>?78EB>>>29;4<@5?IH@>GFGA6DAAFDA8>3DAB:?9DEIB@?EJBC:<@>35DB>D<>,B=?B8FC:;:C=B?=9>7B@DC>@=C:H46;=EABEAG=?<@@F@?=B=8D:8A;432B945EE<=:?F>??AE?E8A;;@5GAADBB?>;A2>?DDE=B=C?A;<95AB;4@B23A:EF@<;D/@E>C;A<7KG9A<:CG@D@?@I7CEH:6=>>;G;F>;?A=@:>8C@@?<:=>4D<@?1:B?G.EEC5AH>A58B@A>@ECA>C5=6>7C@7H5BI<:;A8E4?=@?AE;@;/FE5DEDD=AF@?,9FJ;:@:G>8>AA728A@9B>:B?4G>:=4FF:;E=:/CAAC(==?E/47B@G<9HH<+=A?ACF'BG4EI3;8@;@GAA3D9D4E<8-F;D7>=2;%BD@4@C@?D=9?A??=AD;E652>1:C?:B5D=FBD<7>ABDD6:E5B>?BFJ@999@BB68598:E?ACFEC>D<4BCEBB@AA8AH:?A6;C:GC?JF>9=F<6:BK?BB>B=.=5>:?@E@<5ABDD8BH=F;AC7?6>?4AL2:?0@=F8@C@;9>>?BCM;DBA>GDG@A9B;;9A?HDC@=:4IG1??6E==@AB:@OD?7=::@AF;GHHBMJ1?:.;E=RC<9ACC>BCLNACB6K8E,CRC9B?F1BHEAHDIG?F:NUoXTDLF<;1B?/6HFA2=IF>H@HDS@IJEKC1DF;=@B6EC?BF:B5G27=HD?EEJI?=A>D45?9FK>JJHLLB>CABL>B=A;7GA?FCEFG@KHB;F=FLJHQJ;GCFDCDOBH@QANCRM?@OABEKNJ=N8@QB?ILQ8EMEKKDNT;CF>::GHGMCJHKBRK@A@>NJACCHP;TCKWDP=>HBCXJBL@GIJF6FGFHQCGLQEIHDBEMUTPPPUPGBE:JJMIODQFJEI@>CPLMLGE=PFHG@BMTFD>8>HKNKNLRO=?==KKLFII>MIDJO@BTP?BA;>T?QK=MKO5RDFPODDFG;A>ADAC@CCCB>EDEC@AD@E,A>S??A7=BD6F=>79>F.;DG59FE6@>@?<2D7AB*7DC;E=<@BB@37@=A@A;7:=FE?CJ@B5E<;H8;4B@IBH9EF:<:A9:>C?ADA=>??EE=@F=D@ECH9;D;B=8C34@3@>9?DHEA66?@1?EAB8>;7=3=>B>FDEGD;63?@<7@9;CB4@;5@C?B@BB?>;>8@GE@AF;?;9A;KBF?E=E=:D@>5>E-:>=B@F:74?9@;<4892;E1;:6E;GC?B8HGBB;<>=C?@E>9B0A4<93@E@G>=1AD9@@A7?9@ECC:HEF:8F::?G<>:@K7?<:I3;7D;HG>?B<@>C;E@@=F@IA5>FA+H0=5;B=>;'???@>>BEB?55;M?DH:9@B=6(=>AED;F=C/G?D7@:AC8356CBFHDG<:C?@:?7DC@E=DC8<:?68?B;D>B.99@9;2>@>;F>D:@AA@><<8B>B<<>>;2?7;3AH>>@=?)E2@G7D;@>8>EA9?@96A>3@C3B=7BDE@?64?717F=:H=@=D9@BC:;9A78ACA7>EC@C=7H88:F?BACAF8D774@?>A>>3AIL429><<=BBDC:<>97EBI9?C;DA>@8D>A;DFOA;=,B<@B=@?B9P>A?788<@AKB/@9C>/@9J>AH?:?E>CG@FFC8DCD<@DLB;CCEC>H:<@GG>==CBHAD5BEH@KFB=ACFC;186D?CHGOGG@DJKO@H8N6CFFMBD?K38LFCGPAIDIM??=@HJGANJELQ>KCQEESN?CEAE?6AIQJGIHHJC?BHSQEWP?EDJBH4JPECAS9NE?ENS>E@D=@AFCHDMGG7H=E>DBCQK9BB0:4H;C>;F8@<57ABFE:EI/F>F1<@DKC88E:IK7F=;==<;=FFF?F?B>.+C;<(H7DFC?E:BIAQHA=)?@FC;6>FAE=>CF=6><>@0C.;FB@C7>,=ABB@A>BF=<:4:>0C3C9;7EC=CCB=P5L?@B=;H;ACA9F;;E:);3A.E@:??-?8FA7=?KB89>B<>02:F@:;3EFBAMBD@DCB:8?H?C1H4?E@<5A.;A5M=@>>@9O=?A<9?B:E?CJ=?A;D?>5AA@5B@CF6A=<>C=HKFE<>=4=D8<@>=9A;CDA9BG:+;A?>37?ABIA39;:7@@;9BEE>D=D:=HKBM7FA>:?3C8.FA9@?G4BJ>A;E;BB@@C=A6H3A6@B9@:8BA:;AAAMDAB::@?G>5C>-;<89>HE@88D9D?A6E:==AC6C@DJBDF+C9E@BD7B=8<95=BHA-EA:DF=BE4B=E>>AA<;?>?EA?@2NJ=FA5@D=@F6FB2CI>A?C999<:>B9GC9M=H5G:59::84?C=;:ADEBD8E;4A+C;G-.BBA=:E?:7F9<99>?=;?98E:C:9>3D>?9B:58>AE:>7DAAC@6@?>D72?AEDI.=@B@@A==@A8A8EB>3=:?9A5GC:@B9?B;C>=>@@>>8CEBB=<>K:?+CHAF-BBD48ADBD>?8@BC=/7;A6==>;12>H9<=E;C=?8.9C8@7EB=<>>9G>;?D>2==B<;@???1869A:@?@BFC?PC@<B8?A7HA=SDIJ:H@BC>>6:B8AA@@@85?D?>>9?4;>?8??A8I7?C:AL8>A>:@G2DC:HBG?AA>EC:@?979C9BCI@1SBLPMGGBCCNEE>Q9HO@JQECE@87@K?DLILGEDUK;KUP?TWHK>HLg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h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`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`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dQEHF@DC=?ELI:?JHF?C/3AMEDBC4?I9<=C?ABB>=D?DA'8HDA<8ED?A/96=B@7>:EBF<7<@E>@7A09?CC5=:BEC<0>@BAE;;=@:>FC?9>@?>A/AB8A;K3>36189=JHK63CD>C=>@D;8E9:LJK@CFAA@:F4AAJFD1?CAA=H@C?DH5@DAE<4L0EA6@F8B?;>AACC?JA78CDN@D969?>I>6D=@DH>F3CB<-2=ABC100E=;@=3E=9@@F:=>>>-=:@?B<:@&A:D?7A1D>FA>957<2D>?BABD>;<0?AA?D=<<<7FBA?;C=?9=4AEHB>C=C>>,4B6>H8D<@BD;A@?@HBCE37C<2D4E>9A>0.G19AAF->B9<=?C;6F=7E1=7AG:A9CFC9;=A27/.8A@B?CEA>?ADD?@8B:C=:5>;FD?>@4DC.:?=7B1>CB:AD?@AIA;>D4AA>E@GEA?GCH@@@7C>@<=3@?AD:>4=B<7C5;@D1CA9:F461F9AB<>B-=E6)72;<6G1EAB/E@>=;3:8DE@?6:22=H=F>6@>9>>AC/0:A6:;J;;87B8CB69CBKD?2=FA6CFHA4@H9AC5;D?G:B:2>AC;59?>>2GAE=<4I@DB:GG;8C>>ACJB;<1DI:';<=?=C5@F95$9@EJ<8AC>=:G?E:E>?M>ABI@C=6>AD:;?:@?E2BAC@:?/;B?@;B@>504=E5<<@E7H$@BF=FH;BG:D@E6E<4>G>76A>@67?4I/7>A<><>,K3;J1E@9>4:2BCF>9>F9>A<2;;>/DC?;C4ECCFJ?F8>D68CCFM=;@@I:GE?ADC=?E:6HFBJHAF>F=@4IN9E@DE@>E@ @@4;E8BEB9=CEEI:>6@<@9:G=5;D@J>JC?AD9:BGJB?=I<7EDKFA8>8@3GK:>@B61EJA+=BA06HDAC9==FH9:BAD7D:B:>B8G>HH=25>FJ;6IFIDE<>;.@?DG:OACB;8DFC@7=:G<>CA8Q@;=2EDAFGD9E7JNLDMHB?F7EA>NHD=F?D:HA>1:5K7EBDJE9O6LL?OSALMPBNT>BIUP>ABFI6SBL@9HEKIL9AAEDL>DDCBHTLEABGENHDJDIDLN=C6;JMOH6TKEKLY@N9=LBGQT79FPIBY>?IGJDOI@FOJEH@DKYBI>?OBPEIOLK<==FNFNFFAG7HA=:5:?GDD;?G9;A;IC79HB58D0?M=C=A?,K89?:C9A:DJ@CGGC=7@EAA@,G7FD<B@F<:@8?AJAKC5CDA=@8A8=JHAKG=FB?KI=>C:B7=?><7D:IC@HCBA8FF@6DD>@@66=EA:E?7DL.>=C?2?:>??8>3HFCB@99F?AJ8?FD=68@@2DG?I72>7>=D>CG?@BC@HL49H@=E3H;8EBB9DD@?A<;@M:G>B3J@I>F6;HB29D@=B=7A=;?C7;76BDC>=>F6AA@><9?:=4EDCFE7AB:42>35E:E<>CN??4?7;>@@8<>AF:4<@A@C=@=6=DIDIC@A;;:6B=A;84<:<3A=BI<0HECEBAA?>A?:AC=84:.=;;C>;B=898J<;?>82/;96?5<>:8:7C/<@9D2?=:DBBA=9;=4<5BA;D:==?BD1:=99BBKDE169F==>B?4A9:>C>BA?7?;==9@>9;D5FF88B-<==6F9L1<9>?A1?9A=F4E5>-?=4B:?D?AC>A=@?G@E8FE>EA<:>A4E>CG5E>B4EA;B?A>B?A3;3AA>:>BCJ1DB@?;;=C=@8C@J3B3D798/4?=@?@D===;@C56ALD5F9GC@4>9@5F96>DC@@D1E':@?=6B6;?C@<@??63?=94A9@=>CAHA>9664<;@/5574?;:@)==<6?G:>8@98B:BF@9<>3EKFD::D9CD>3ACJ<@2DC;NCBIE?F=C@>>@=CBFB@BD;GDBB?>@@@FBE8ACF>FG7@8C9A69@AQC@A;A9OIHELFHB@A<9?5KIBAD@GJHD@D=I8;;F9HG?>?/0>:;>==N;;9F>@9DC@8DG3CI6?48>=48C4CB=F>F@BSMDF;=>KI>6;AA;ACDF5IC9ABKF8F9=:D>B@?EBD2CA9GAEI@BEHCCH@>APGHA8GG9JIH=@FGB=HD@@9@DQTCXGHHPOCIIL39CH;FM:J8CMQ>:@=?HB5@DE5F>NOFOK2BI>=ELEPYDNCRJXW7EIA?M==UAK<=KK:CCMSNKRMNA?B7JE6=IHKH8MEN?R2C@8@>>CAC5:PJGCB;6?CDH@IBE<=CF6:F>>GDDI<4EN>;CC5BGHAD8*H>B>@4D@BB?GB93I:E=;D:CAJ=:>?D=BGLH0:8?7CA65GG:?>=6?=HBC9:F6;5=AAMD47I?=:C?6F<86HHEIAL@BHV6F:6>@5@DB@>??I94ABE<<:BBK==AA:;DA8@=;BDLF:IC9A?A8<8==<7BEF@C@@3HII=6>6I;/7@G><:I@::9CGCFC18@2CJA;?9?8>?CACD=7-ED@@CAD?H8F>=6GCB>C;1A@=B479=C@CBJ95BC@E??2;8A9<@A<8D4H:B8A?>IABAF>>8@7LDHIAD=;A<;9A>AFFD>:4AC=<<;=3>A7F?@?4F;B@>=AB?<=?AE;@>B-97?AAC=H<=K?=C@=@FA37:<6<;AHB<9H>?DDH8IABF@@D==A:76AC?;?CBEDEGB@9:EFD>@AH8>C=@CF>9GIFB==B9@AA?>D3;A=C?E>=/=H7<ABFB8A86<;87?18I7>=6C;?D9J=3<=;0>CEBA5:0;FG<3@F?B6:/??A93B@>9DF?@>7G?BE<5EE-@?E??:EC?EIBB=E=:B;6@8J?A=>&A:;?FC=5C?@?9DC?GD/F=B>4B?;=C=6=2;IA?=C?9B8=A;9::21;B>AC;=B;?9;?A7>48D<7C>49=@AE1@9CB>:BE<<:=@;GC=G;J@@0@G>B9:BC?>>?:84@C::D/9=<;=9BB@;<:-;=<8@@@C=4@;B=7>@F6>?DB?A;*=/BD@I3.07C<<>9BD@HAA:6=AB=C=JGAEAB@A?74A=A;<=<6BB60=:;B?DB@H>BAACDD>/B:;C35C??6J7F=6GKB;:C8G8747JP7CIA>=:;A??J:;=8>96D=>PI5<=9>>BA6G7?>;:@J<8??JDO@BFWOM>>H4?ABALMIE.FFGACQK??K@9@9=FQUEMSJEMI>U@HJTB?0PIECNKHT>NCMBTFCWM;FA;BGQKPABUK;/JRAF=M=GIE>2>JFNTMJ>EEJ>FI=?MR5G-7C?@:DE?O.@KAFHI<:6HGC@?CCF>F6BH?IQ73GKW?FK???7MED<9=A9:>JK<:D=;JADCB7H=7>H>A8B;CE<:EELB;@GB3<@><<7?E36N58=?C?7;@D:B@D:>=C=BDJ<@FB:@DAC9?E@>DC9@ADB?'=9@<2;.9E2<@@FA<>=?7?E9D>A=?EFB2<9=9HJ@I;GCD@DA9>CA4C=+?13CB?A;AE3CA7A93?09FBB6=;4?<8B@CC9D?C4?=D::BD?G:C=948CFC<9>8@?DCD=;BDD@A9=I>?A;6>=8AB@B8=>A=7:C::8F8DCD9IDB;EMAJ:9>95>3MCBB@@3@@G;C7=BF>A>F5BA<:?BC>C>>D@1A?:E?CE@G:6BAE>@:?@CCBD>?ADDC6@=:@ACL6BCGBE4C:@99>ABF=9CF8@9E?1>I?L<>CDB;FF84@72F7;>@G;9CI>:<67=:8?E@DAA79EBB5A=A?E6F5@A8:?A::3?69;B0?GDEJ6:B9867?B0:>>FFAB@=A=?E:=ADF5C8<<.@G=KDB?D;AB2D7E6@IEBA998C;9B7>A;6:A=6<@;@;AC?:ACG8DA?:+=@C>;?;E/EG:AC>);C9>5?:A>>@B?;IFB<4>@<<:@C>*B-@MKE4?D7?E<6FL@9?E@:P@8A:@<@CE@F8E@46:<2@:F>9A>==1:A>37>A>C3C8@:5?@@;2A>:=:E?56;@3F?5B>A<>FB@7=BB?>::@>8CE@GG:CBCC:7D@DA5=BGJ>B=5AF72B9AECA?GML9C@A=9HLGFAA:CGCELHIACAA=GPA?ELC>G=CDAHC=D>GAK@J;AMVLCB@C?7DLAQNA>C?GLRKMGQEG9KLLM:KADLL=A@7DA8>HH>IIMMXJ;CBAACGFDFB=I8EN8LEJ@KL=FE>;@?CTANIN@?HJAFHEHC<;@\Q=@EK>E@FJFCC?>=DOC>NJF:?03?;A:=:>?A1@D@IEIDCG8G:>6;6@;>J:EF>F?ME8==;.;BD?@B7GB=,=A>F@9C?C<8=CB46FCGM@5;@86D76;N@B@6E>185;;7H=@DBFN>>F7@:?CLA?:G6?6>?L6?:FG:;CE?<0@3=G9>DLM=A&9@G1AAA?>7HEC8!CI@9CDE?=<<>:CBA>7D2:=5C>A?:BEF;5=A@A@5=?E>A=39@92B>ECA>=F=C<<=A)/-;@B<;?8@=?;8)G;D6?H>>-3=GA9G2>ECKA;>@=;;@>BA@6?H95@M37C9;7)9A?@6D;6=5>.@B:?9:?96;8?DF@<8=>?BFD>5E;DF;E4G8E;7=@C=B8F8=E?E7<@B9?6D:?5GC85ECCH1A9K:AEA=:C@>E9O4:JEBA>9>B84IA?IEC=@@@>4FB>EHF6-2?2A?G4BCADC79DFA=B9?@G<@>E47C@I=9>?=3?<=B>B?7E99>@84F@5@?KD=@=;@;1>BXD?C?@C=F<=D5:A=2HA>E?173<6D:B?88:3B:4A;?:C@DAE>=DCA>:@@A8A@<;<@;=;BFBFE?GE@8H:E@;@=FBE>;8FC=G=4=75:@>C==@C7A?;4=CCI@@A>=8<99A9=4=@<=E;;6<@;<:<9E/?D@@AB:.?9==B@;<=)03ID9<=7>;90@?A<@@<=??C=?ED5<=978;=G8F@?D;;:B?AB6BE>>?B5B?;2?<6;B>AB;K<>9D5;-B?6:7F96CGDED>JI@7H==@>3@71:@EDF6;A7BIA?KFD>C5B5>E=;I4DB@?ABCBGSA<:GDE/@FBA;III69@7F.?><@DBC>56;KA@C9G:EFADA3EDEIA@G;C9>DD9D9:<@DC@==2GCC@ML?2K4A>C*O@C:GIDICA8C?BA=ED4BC>7<@4BIEHEIF;@IPI;MDBN=C;B@O9GBB>GHAFDWFJNEQKXF/:EVNMSM@:>DF>MKK?KHE>A@B/BKMQRXROG>.E@KJEAX@BJGK8IBEAEANYRKNO@HEE?LT:EAFNGQ?WKWWEJADJFBQDP@9ACDC7:EFGDTCADEDJES?D>B<=6ILKC?DDDA:NH?DCLMEGG?@GOA@6HMMII>Q=E5H=IFJK??4:F?3FC;BEE9:?;B>E8BK78DDI@>?9F?D;?@@PAB@C@8@>H?AA9:EB?;?;@9?,CHAAG8IM>CKEFBAD:,CFD>:<;?CNEGC:8<5DKF85;;6DEC9?;;E@9F5:ED7@;>>?E;K8BG9.>F>9HD><;6C:(;IGGKFI;JG<5=5?ED=C:F:BEHB3:BBF<7DF>?=?=B7>>C=C@A;B=>;E@?3JA-A>F67;4@?77;;A=7F5486>>9DB?E3AH>>?*;<6B@5(><56=A=A<57BDD7D?>B?:B79;?B-<>1EBC:EI;<2B=2;B=@A>>69@?EC7G6B;74E1D>$C?A<;A2*AB>66FB@9H<<91EA>:D9@:>C4@;<=:2KF6E/8CD>>F=><:9C=?@?CJEACH:9/@7:?H>@A?>2B7=BB?D.*D@):C/A<7:=B*?;C6D:9IH==;H@=?>G6C=DCEI<@<997:@9<=:=@CAD?C@7;@CD@C8=?56?;@8>8<3@=AE;;@E?D4,995GAJ?B;<>?<1CE>5D@E:=;:EE4;9C:FAD@7@AL6H>>B><=H7AD:HABCCB=IB;7BCGA9;94<;L?D=AKAD:DBFCGDAB?.;7BA>>>IEE=>CEF?DE?;7@;@CD9G;2AD+H8>?:?7:;>B?C?C/?=>AAJE<=C5B3J>;2BD@@=9ABB;H=E>B===BB;A>?A;BMDFBGDECIECB=?73>@;H=?IEGB>B86G==G697?@DA99CCDOAGCM@FGDN8?@HF=AEG=@=>=A@GD??=C=>3=?LE<6F;=::>=N>8GJK=:B?8=JLHHHAAAD>IEGELC@K=B3FIC=@>HMJC>8AJ2H>I?9U9ACGD??ME9IGAJNGKBJ@ADOLDIGJPGLGJKJ?:F5LIC9?CJQMHDFEERMBDF9@KBDIELQ>6H@?=<:HH@C9<@EN143FAJ5:4?K>E7H7M@CCB?@A6@BFEJ@;&A8BCC>A=?;G<=6F=ABA<7C>HA4?'DB?A@<4G0LG21CACC8BB;E<>>E9>CCB@B:B7>;;BG2A<@?AB==C8BA2?6@F7FA;@F6E?<9G=+@79;AD/DAAA<6BC=B>?/><7BB;@E?=F?C:>?4C;??7AA.3G==H4BDI@;?A@8A8?65=EDL?8DE>?@K;<2>>5J;>5FG763:?E96,1EBE@DB>>A@B<>AB8I8=2>@A6>D;ECD:0;/C>>><:D10;CD=?=BFD@<F>ABC7BE8?5EC>D=H>83<6F=7EB3@:;LDNC><=J?7+D6DA:54>4=>>9:@5C@@7A9BA@57F8=?9B;HB5>8A7.E6?AE;AB(7C7;2CL>6:C>B4=>A3C:9=?;F@B)>>@@;<8E>8D9EI6=91;C27B@D>?=@?8BE@:D=5-?AA<=<=G@DA9;7@>?A5>?A=6B.?E4=A=AA@>+?B;@AH>8=CCE;49CJ@EJC><:D@@I:>FD=B26C9?A;>JB8D?F5>9-G?@9H@39G@E@:F67DAC::>?9CC3G;BAB=GCFA4A<=;@@A==A7;A@;>FH4CAEDH?9?:A;AJ?9886F:6AC1=GE=>??=B6>B8EJ<7H=EED?E==<;A=IC=FDBC'<:?:880-C@>F70:?@B4><95H:=;?:<:6>@;+:=EHG:MOE@8EE9=AH=JEN@@DCHA?@=C8=@>4/JJL>@GC??EIGDD>4B8>@:?DPGE>>IAGE-GB?:;GDD?K?=9GLICC992=D:;83DD<==9C5AG.B97<@D?G<9I8=E?:6A:;>OB8@B6@E@FFDGJ0;BGDCE;:DDF;EH@AHPKCAPOJL@CAKGHLICPFBDG8EI@6IFEBDMNJOFOKHLOUMINIK;GR<@?DKUG=AGQIUWDFCG_FIEGHQLHC:?:SPFC0FGQN?X\UF;:AGGKOO-7E;BJEI\G@NFX:EKPBOH=3EHALC@PDX]HI;AM-HCIUCIHTXCKNDFFFBNP@=JHKJEGAMU]CQGJRMAIHHE\3HBJA@LLMZH?FAUC>R?J@QI6>@HP>ITC<9C'C=FBNMR;7CADKELEA=EDJ8>FF<;7CAH=BA4:PF>DJ;?@8A=GK>AHBKDBE><>?<<@9GC7:JCDC9C=F>CI@;;><>FCCB@7C@<6BA?;BJ:AACBDK8=@@?BBCF(39B?:=EEAA7C<254=7C@DAF4BE4EA;GBE1;>DB0;=J=671C7;0;CFB.<>B;M?A;CA5H4BC=;?CA5AF:5CD2F?8C.AAC89878;=.CEH?B;5=F>BA?@0AE<=F?I96D>?E;B0B=77C@9@9?A<0D4>889?B@8@63D?F7A34BD=DE3;C6><4ABAA;=;BCA6G8B?G1?=???=?924>C?2>C7:A=DDB?CD<6?4?@6@B=BC@?><.AB=>?884@DB-:@AA<>EH<;:=9FC@DA;58CC9CCB;8BDF/BBH@;?=@E=730B=D;<=>?.CCD@:J?ED586:?B:8:=E<77E)8<=?@=><;?<?D:;E>C=?.GGFB@B=F>DF/B>AE=>=DF=E=8B><>D@G3AIAB?GC@@A=>B@BA?I=JG7L6BECC;CMBE@<9?CB7?9CA0:D46>?8>DF>=;8?@<>=@E+;51A>3EB-B@@5>59:B?A0@D>CC9B>@<<I@B?9;>IA2B7?70:<:<7EI@B:EA>B@E>DFKGDE0AC;DCLCA>@ADKGE27H;@LC88JH?;;?@3;AC>E7CEFBE@->?>F5@6K?=D?BCEF@D>7B:>GCGIIBEJC??=LHE>>MA=I>A=AB>IKF@@@FB8?=DNA>BHDA<HDG5AB>GOBFEJJ>G>IBE-HAEHEG:AE@ICPEBJTLTCYEEWOQEF18E?VCJG@9P7@MKY?MDYXCEC>EHGUC6NTKFEINMPCKD;JKQQLINLOID9H>EFD9H8FVOD;>P=Q>I=AIHEUPA@FNCFEG@CDGJ1E?B>?YAC?>>DB:FDJ<=M4BB=L<68D9AEB<@F@LH>C?C@HF<38;KE>J9JC4JCP3@:?-D>=CG?<=8GFE>E7>AD:C>8-9DBD?A:?;HC8<9:436?I?71;6HB?D@8>G>D:I:;>ADK3D;=63?=C@:AF=<@A;>J5BGD07<@A@038=C:=6E9G2;892=?9B4K>@48@<<9??4=9D;@76>A9ACB9>E<8;H>;?ADKC:B?@ACE>78GE;1<;?FCD?;F>6@;><;@EF<>@DBC:?@;5@C=6A:DF8J44<@;177AFB:<;ADH(9BC;6>?=B2<4F5:?@=9@F:D26CDP@8:B;4@<9B;2ACA'=<8GD:AAB?>A9DDE52B@;BD<;BC@8G<@+BDCAAH1:ED?>E=EGI:=A=6;B>@D@>=E>@81=?A9CD?>ED2D>7=5:?A=;D:6@9D7B@A:FDCA@<>:E<>C=>B::BE?C?@=A8=9A6;A=F>H:@C@?E:@??@9>>:CCG=5D;D?CD<G>AFD5@@AI7??<+@>6A:/A:=32>;A3>>@GA;D@GF9A=>>>AB;;FCBACA:?>8D:EAD?<@G@JE>2L;EGCCAGDGAA?E@;@ED7E?K;IHE7BC;>=A@F3B>:'@C;D=::E9ECI?A?2EB=?>@9CD::>9B:4G>,?=A5;B?@9A>99??=@E77BDGF7E@ED998BH<D>>CBC><@889@C;B?A8=E>4<;8;6A>4O4EAAACAAA@?;F>A8D>I;C:CC;C?;BC?BBCBC57:8C6KI:?D7=A@F<=:>>DB>7:F8?DBC?;CBA=BCBACF;@F4DC=:?EB8GC;D=AAEKF=FGCEFKN@5G<9D9FF>BGCB>:D:=D8BDA<@K:J;EM>AA@6<8GA>;=<=@BB<@<9A>@@9G5?B<>DEA=@5HG:>@@5CK6>?=9@H8EFLFKH>F@HCD>D>?EVDCD=CH@D7EI>CCGE@>:NCCO8ZOOXJIGKJ?EIPEI2HKQ=?]H6:APOAQOMP@AGLUJAVBLBKOIVWD?6[DKN`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`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a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c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e_7RR;=K7@M5/@IKF5A/@A>@8@?@6??E5CPLMACC:*66>C<8H=2&EEFKF>';993,6BDLCEA6?37FG@=:?'D>5B>@@6B@<>@A?E;6H6J=:6BBCH76966:9F9F79@H>C63E?84CM>N>4;;G<@7D<=>41E@4AAFDAF,?77;=B@CE2I:B<==5=@=2>>:B=?D4F22?@A=99;.=7B9:<=,E>D=AHC8:@>D5@8A?98@F?3ADE90D3>IC>F5C;>:5:5H<=.D:*7B?G.::8CEL,@4-EF51B8BHD09H?D?7@A(DNAF<<>A>9?=C5;6FJ<>=@0AC;47E>=D@>C:C?8E;C:4@8=@<9BE>@=7>C5>;;N:=4>B>8/=>B75+92B@=>B<>?A>;5<>;::D5:@2;?6:B;86D@?>5B>A:E?@2BG@E>B8AA<EGG=D/=1=>>G7CG9/@@>B5@>B3=KADB356F<5;802;=0=(:=:<=?<;:/F8C@;5?A=A@A6CB=??51AAD80A@B2CC>2:G3@A9<88)E:2=I:E@D;9?@:A7@>B9AA9DE;3B;@?@>D>8@>A>39@B>E?5A?977HD7@@9G?B4?B=CA;7B65>>6=A?>@=?BABDI*?6DD4B>3B8@?4A;0<:F?19EE?97;?>3>@@G?G83A=BEBI<BCA/C?C3@2<>?AB87?8,;:9E5B=CH2AEB==@;FB:C8D5+<;1A98D2GD@293>?C?AB@8C:6B@:7E82=B3;7<=<1=87::A>>A9D:9B7.<@4?3>=9>4AE=D8B=?C<=D67<;962=@7D??EA@AA?<@A@==ADACI=G=?FF3AG8BCBE@F:4=AHD=G9D9/H972CDA:=K>CBC>=DA@JD?95:*C?@A7C@>>>?BECDH@MA>B7>F?4ACBACE9A43=?G86D=FA@@<<::=BB<=9RE@FFGFFAK=B4;;=7A.G8=>9=>?;;?C?0AA>?C?A?JKE5D@?>;719E?9=6-5CG2@?BEE7;4DCE>??L=IBGC=IFGH=@:A@9IJCHGNIJQE@BFC>@HELGF67>NZIQQHHBCP=[KNQJ>>JCF@QK89EDGKE:@FDFOG;EYFEEMDIHDQILMQUWIAOGHHAC@<=ABCC18<=<5M79?7CBB5K;=5FH@:.C6H20;C9@H4F=EA=2DF@:C>8MP.IOF@AC>5;@@B8::>==;<;B:?CAFB2?5CD>3>89?;AEG0IQ@D=HH=DD>BE1>95>C>A?;G?MDD?@D>>=DG>E<=EW9<:;4D<:7;3>;D:;B=K;ACH<;3AH72B5::CA=9C;?:;@C4>A<<<=B;2D87=9.9CA?)8@=JA@41B6BE79;&3:BAAJ8:G=@<29IE=@M14;7A?6?/;?@=B:@@CECA;JH=;FA<;F9:9BB;7?DOF@FFG08MBGED3<>8D5=N@@=DCB:?I>@7;/@=76@?F:@C>BC;=D88;=<>:=<==4D@A):BAF41?2@*B9;47@35.??A::0??9:??D4J6?E8>BE:@=6<:CE6<5;@?>9=A<9?@:2887B=A<<6=A?9H>D@=D:BB><7E0C@IAB0=B@AFBB>9AC<2@<4<*>;C6<>69A;JAAB@@;<4?=D>@=B?D=@29B04C?;A?2<=@897DFB>C>B>@DB8:B2<>621=C5=3246AA:;=50?A?<>F='8C>@>HGE?:=DF9;9=B<=>FA5;>6G;?7HAA2C=3<17A=>;2:@C7<7E<7CDB9;99@DABAB9BFF><@?H@BIAE?5?==?A@D;9CJCD6A=C7J@AB9=54EE@??8IAB<7HBB3:>?29CCA>>C6CDB88?659@5G=4FDB<3>=K?>>E?@?C8;IG=>>;;>:D7HEABCBFBGGKE?=?HJIQAFEA??ECHFDI@ICC=JIACMA?A@EGA?BI=9AJC=B;=FD09?FC0JAH89>CLGF9E/AG[DGEFNTKCABE=AJ@U@KAT4=@8B;5E8RBHKCE;JJE?:=YJ@OSNU9BMHBKHSF?B@AKOCEHI;RF@OGLIJO?P7OQFHCJIGHGMBHFKGEEATODF9@A>Q?A?OPFFDBID@NCD?F>ECA=@C9CDD?AMN<46FABDEFDD=6F1I9AAA@A=DCD?A?>@BA=B;@EA;7D@>38??)C?HF<;D<9/>M=7:ADD=>N;/0>DA7EE5BC?78?>B;AC5ED>7FH?75BLEH4;FCL6=A@DBEI<4J>B77D/:8<2;=B?55<=B?6AD;:C;B=6FB:BI2?@KK:D9?D;;@DD8:G=9G90;=@>7EA:<<@FB?6EE;E75DA583=???E?AB72@<4/BA8..A094>>J<491=C03:?F7=BB99:FC=7317>8>=CA=DC?CAE;A>>5>DE3;:B=,>4=5**>3:EAE=@@@E8?9A=6<7>445=C;3A=289@<84-B:*C7:>B<;6>@=B<:DAG9=>6ABH?E?>BBD=?;CB:>2@?A-FA=@.<>J;>C65:???99@>;57E=>@130@?65@=@:>G>@3F5:@BB=C4:C:F?76C=8E1.;<<:>35:A;;@7*A?CG:6'4A62;@A7>.7A>>53:FDA5@=?9=B>8:4F749;7?AJ8<8F@HFC9>2=;A?GH>GC@:?H;9-D>55=??3@>8GLC:8<@@C=?@8CE9;=8>02CEK=B7G8@7@;9D?@5F>3F@>3?4GGA@F;>;C>7@<;GA=B=E5<9CE>CEH?A?CA@=?8B:A>E>AD@<6@??:A+9>@@;<4/B?G9>;<3=HCAGD;9A?2<9=?3<8@4@6E=??:7IDFA>0>EA8F>3B9B9?CB7:HG?A?7?==H>6>7=@;G6EC?CG>;7=FD@B=AE?HDS2<.HG;BHAC><5@@AA8DK=FAA8IJ:7?B;>6=)C7AEA@7C:C??:G;AA5=B?<>EEC3JJ,9KJ?D6G?F@E>E=I5@5EH>D:DBAB=?@:BG9EEGHA+>AF<>>FH;>J0>LGF>:DB?ML@FJJRED>?JGI>DIO>BCB@J9<;NGKP?MA<0;>HHJE;D8C?=9B?HBKA?CFKKIIHNLQRWBMDOLP:LBGAHGFCH?:VB4@7DA>A4JC;BA>CMBB6;CJ5A9<5?S;KF;<F@8+G?-:9E:492>0=B9B>BAD-HFC@B<<322#:D31DD==@6428,=F;=<52B9CF:I:7L<<7@C508A)>2?7CL.IJ5/CA>:FA=29;6?7:;@5@@G:@82C;6F?EB<1B,AB2/D=;B3E39CI;;@CB=8BB>?:0+:@BEB3*@A9?>B?7>=?>9?;>H=GF;B;7==(.C5:=7:A<3BB778C9;-==??9/:7:@6>:;3;D=.2>B<5?.;@7?>BA==E6>(,?>D+@A3,;=<4E99+>;=FA?BA4?E@>0C<@=146?A6?8@B :C=H;I?F.AA>G?;;IH?9;<7@27B2E2;@;@<;/:<:=1B?AE>>B23;A?4F7@6IBA+=<8:7DGA4=1A8>BE>?28:1@A9-<887<9064<7-)<@C;CH56<-@9@CA:A??8=D=@2?<@2/;;<@?@S;?=>CBG:HB?@5=HGHC;B;G8;C3A9=5A=?F>C@7@BBA?8:@;6E8EE>0D8:2>>=4@C6BAD@D9@=?95E@>;=?@>A8>>>;;ADC:AJ8D??K;9>=?F=?EB>?D@@8FADIC:@BA6>5?H7;>8B1AADGC=M7C8ADE>=?BCCP>@E=@@<7A=@:;D@D=I?=DEJ=B=6?@J=E?@@CBFF?>;=<9=8<8AA>@=;<@@:<@:JA>EGA>:C:D@C>>>B=;F=DH@1>?AA88>4@=C668A8>9;BC?E=;FDE>B<<6>:A;:CBJ@A=B3??EE@E=<@?=C>A;CG18:G57AGDEA@AIEC@BACD@B48AJCIN4F>BD@?C=?DFG9<5B8H??;FDHDSEA@B8:CIIB9:EL:DDDG4:@BIJFPCD:A@NHJEAD>BFAD?GG37DK7CD?<7QD2FP:;A?JF>FGLGOGEAC?;FGD>N4DFDCI8GRA@IQDLLMAKPH=8EAKHFGLuOJFb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p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gCCUJF@UO;0CRFNJJLLUCLLBQF:EBHIHKD?FMCF[>@ED?=IH?DGI@LCIDLFGCBGDOEEVKHH7>KJCAJ@C6C@17JBO:?@EFFL@B5B@3?ED>C@;GCDCLEJ@FFFA@C3@@>DA@6EF@9<1=5;D3D4A>C>CJK-@F?6ICC9MCBDII;C7A<@BF@=AJLH>=?CBG(B<>??C><6C@;@0:@=H8C977D;?G@?>B76>I=@?>E@=HE@A1@DA?CAA,=?>:C=ABAB;>9A:=><==9?B;EAD?B7DD<;;;EB:CABJ7F;E?A??E;C;CF5@=:E>F>D?=F@B@@@JEBCD3D9C6>:*<2A>M@A:E@A9;E:A2(B4BDE8F@-@KA6DGE:@=G<@C?:B:9E?B:ABHF<=ACG@>F=CF??.571F>AHI4A@9=G:?;A2DE:7@<=,?ED=;B6B1B?265A:<=C3@9/:>;?DG@E:EC;@D48CEA>??=>C/A5?@=>:=C7C:2BED?<@>1B8?=8>57G?D?399=BEH74A:@>;K;AC@52DD:7@@7;E>C@I?8B@-CL;75D<D:?9=@<7>?/9@7A6>>=A@@51?<@<9=@;<,91=:<4B7A:BC8B?;B?=;A>>BBC19:>6D;=EF>BE8;>1A6@=?E@77C>9C74D;BA;>?B::IH?=>?6>?:2?;4@>G=D;@A@B?>HDA7@>??@DDC7ADAE0=B7GA5C=@><;@5<7:IBB:BEHDKA98EIB>A<@CJ>AE;(=D=-H@@:G7=5J1?9=<81CE:B@?8A8F?C;/8:<7D6DA=2A@@>ADC@B@B>@CH>A@AJ>B6IA9B7?AB:;6;=?C.5D9A;D8:=BK>>FII??G.J45?83N@BI@BG;<7:3C88AD=6CECDGDDCI:6@IIH=?=D=DJ?@HB7J4@DEAFA8<9B:?4FD6FDACEB9ADBB=559@??.=AP6B>2A=HABACC=FAE=DGFD@5A:>DBG7FA7;DEE=?C>B9=0=F>GG;@',26A:B:ID?I><6JDF@HD7G=EC>D=IB>;.;M@?>B67D;?F@DGMQ?K99LE6MAAAQ9?;FHBAC7@@EKGBE99FDJQ@JCSN:IH40?9GCG<>DIKFBO@9@HI>59ANEB98C;;3AIEFGJIN:;LWLBDFILPUILIDC?JAK;BNI;>/OK1@?@CB@M@@@ED>OMK/>4A=?49CDF=9HC3@DA=@=@@=H@D@I=?@DF@B9L;LABC?:758LEOBB;8@H7=DDEA><<<;A?B?><>A=>B<;@F;DDO>E/:J);C<=@0>G=E?J?=LE?>9IB:9<=<8;BBDCGAAM3L>>B7:39B90?:<8ACDA.:;D@?MFHF5>?<1?EFF>E5;5A8A6F3AF;H6H>EF57B38C=>B8AA=?@>@G?;<1<<@E=90HDG:2;@@17?45GB=GCA0H2=?>(?+;>B?;DB2F:/><>CCEM1:/@@0<<0;7IB>4F'/@>ABA:8<;GD34@6>BB?IB3C639?B@@@>-::BAB49A<12?A<KK?;45:8:A@CGA?9=>D=F;A??89?>?8:/?6>AD>EA@E;;I4D8ADAE8?D8@9?I>E@75C5;?A2;I?1><::@27:4?I>DA>9AACA28G;CB?F5>E5E;ÿB:<2=3F=??:9:A=5<:E;=>CDH+==3?E;1:@@;@=@@80;;@6D=@<>>=;9C8F2A?1>85;9@BDB=8B>>ACCD7@E7AB=DB9=;6A9DE?==CBF:9C:>:F5D>BB?I?BKHC?=G<7A=>@D>??@D<=H8IF7E8@@????=>B;?<8;B@3B9B=<9>8;AE>?8DF@A9@<:B;;B>D@0AE@@B?C<>D>A=;DA?C>;DDDADA6G=IB>?DCB@=94=?D5A=G>GB>H9BAG=?F891AA7@=947@4<4B7?CC>GDJDC:=A?9E==;K':16CGGH>9=AC>>8=8?@F=CAE7BA,>9BA5>FD=:D6:4>34G1BFDM????C1I>E8?CPPE?@7IG?4@A:<76<=?:?D@<<@?;E6DD=EC?=BN?HC:;=<5@G@5G>D<=>AHCFCA>BA>>A@5GCOB@;<9DEBF<77C<>AIBI7A8IBJN@O?AJDE=BEFCGSBJ;EI@FHL?A@HJMEI@CA@EHD=:GLF?MGOD?AILG@GO8OUIFCGT>DNDECAVMNG=LDK?NJOJK>@GAG?=DKNCDGKKGOJKQJANO@NCRH?GK=HJLM4CI>FJPFGADA8GDQCDEOSQJEH@CLTEQMCGABIGI=FMBQ^HFG@N=AH;GAIQNLTKP<=;@:=ACBCLOIB5GGSD;BBEL8>>BD:-;G@;=,71ABGHAIBDD<9;E?A8BE4>FA??CE:>::@L6AB??9GC.=A92@I<>@B:AA7ACD?3C@G@836V=@>K<:>6=-=7A?I:JO=7@CA:><9;B9D;BA?0C34;>A?8;4E8A?>DB@A@HBDEJ=A:I(?D>;;BJF7C2DADCCF;:C<@>3C=>FJ1A:F;/C<0;EF0>@AG@A:@/7DG:;A;FC8C+B><;2,D:@6=8C8=FB=:@;?2B>3?CBBD;GC:?E@<904DB<5,5C7EC?ED@JA5<<>98<;<>@@N?9C?:73=C>A@8=B88=A=6701=>>=DEB5:BF8.;35+=>==GEFI@;8C=B89G:HI>I?>5;3=F9BFCB:E6BC?=@92F;7?><>?6B8B@?;D??8C;F@=;>C<@=7G57AO1?D>>2A7>CB@7BB78:I@4C4??.8D<:BBB.AB?<=9=DC94D;F?B389:<@B>A@8?=:=72H1?129>>=@=?-?@CE=C?86FB>H@A??9?@@8<=57B?A682?;=E<>GDA:E?=A?@D5H>A7B3<7;99?81BJC@??G?G7?7:==9@@;G>9HBA4A>=D@?;;8C=B@5AD;AEEE>>?EBFD>:B6A@DC8CCD3;35I8DB>H9::AC?>;;H7?F87@:>?C>;J@AC>AA??@A>A0E>?B?CDFDA6K96CEI;?8>D?F9D69;@DB>GI9C96F@F:DG7?>CDB=8>9DGA>A07@=FB;A8JB1@?=IE8G<:=;>7L7?A>KE@A9ACF8@;=>L>@5;:=8?ECE??C-?2=DD:@/E/?5H25B9??><8=;=G>A6;41C<=A@=::=CCF>HQI=DDHC7>D>=;DBA4F=49?A@E=@C5<>F8=AG>?BCD::AL??J=@:CEIDC=JAC6B=D?8KH@:>;9:F?@@EAB9B;G8?@E@:58F@4;?1@CF:?C@/B@JI>C;=>A@NIEB;?4AB=874B9<.C?5CJD28H7BBA@;6IH@DCE?C=CL<@HEF?L5ELAGBJA@B?@ECEEB=D=3L[KCJA@=@ADK>CFHAA>IQ?5JC;5DM:F>IQD:BIIDF;L>KD?GCEDI;EHH@GR?BWEK:8.EDUVDNUN>=GNUOXJ9LIAFNKLGK:F?JBKVEIOGGL^C:ME:H:FN?\6FFEJDXDB6JB?5KFDDBE.IBH7@E<3=8DCM@8G@?2BC6>DFMABDA=5G8K94=CH;9=GH??BFG=L8=;=;F9@=>MC=>=EHFGF9=>CII@C=C,9;/>EB:A>?LI<35C<@8ED<.D>EC74=AKE;;WBP??CF=IH@@=??=>BDF9I>?E<>=:<7?<89F=4AB35E:IB4?;>?<5;>B?@=B@;F=@5AG@>97D>9?B=DA>DDA;>DGB;CC?CFB8AB6@@@>E@AA?C?DG0;B:G<.>@D>:A7C@DE4?CBAE<6B7:;?=9KHB:@@7A;DFF@EEC<@A7@D;=?K?@B<>7DD.;>E:GI3=B?;=>G@HE:I@>;=CACE@A?7;I3>=A;DH=4C6HB;?J@7>9>4-D8+FJCMB;:E==DAD7>?7>=;H=D7BC=8@>AG>@HGD5@?>CF<>@DC@;5D;<3?>2>H44E?G7ED@?C?@9AA=9+@E:HBB=D,3?;D@A@B-8C5F@D>ABB2?BE=>E;ABA=<>=A.J@7@9GB:D><77=5@?C5D=8>:9-8@9DD@6@>;B99FKB@5A:@9E6E5?&@9;=?E>C>B8C?A6;=A7?AD<1C69,@:==:>=91E=?>9.D9AE??=BCE>KFBDD=DDF=>@GFHDEG@E@>@E>GA3>EED:EA?GG9B93AD?<;?==KBEB?8DGF>C>H@:@HCAFB7<=/5AEBI?:7C@:G;C?:=:>AG;CB9B7>C7A<=8B@?:D2J?@6>6@4:>=BG>:>5@E=B7D<56=<@A:A@9@D6F<>E89C?>EACA7IA:9DA=>FJ;=CB<==D<9:B>A<>C;J?DBE@AD?=C;C:I9<9=>EH;CE@E>;;F7;<8@??>7/CI9B;A=;:>>J@D=1:>@BF>A?B;GAHBC=>>FA;?DK9;AA=>E?B@=@D:KC59;4CA;;GGEBBD?AC7A>??>>:C@H=4@AD?9DI8@=CA@C<>LCEC7?C>EPCD;BA=D8EBBF>BF98AF>BJ?5HPG5GNH:@8HJ:=3GP@CPRLC37II?JL@EEDH8BI?LFM04GJDFFC8=>LFGEGLICC@HDHK5CFB;HI=JADNN4IB9G>PXFSB?A>EHAAI;ETH@GIGCJB@?KI8QJDACFBCFDFA@KLONNNLNNDDCTH@ATRDF?NOBHDMLMACIAA=EOHF@CEDLMEE>JHC8PDYG<5A>KVGAFAOCE?==?8OJGNIMDEHJI8GDGFA>G;AC9JKB05AJ;NGBA6FDDC;KI57AMD<7BC>9E@NAF;B<<>JN8;B@BI5J:EH:3>FD@7@L@<.9CM@C=>F9E(?CB=C=8KC5AE7CHAA>C@<7?E=06>I:HA8@?;?B<1>C?>FC>E@9=>=3=8<>C6CI@6>I=<DC6)D?589EB:;:/B>C;:AA>8BB<=?HB@=?JEFAFE/>H+3?=B@F0;4A28=H<=B=<=@A==8;H:CDD:BA?8:;B9C?9C?@A87G@=9>K@F:?FF@EA<=B=K@EBG19@4JED76.>??CHD;<5D?@J@@B:=>5;EEG=B@E@66:>>:D@;AB=EAECFG=;??>?:7?A<69:D::CI,>==H9->>B9AA;=AA79?>DGI<@>@:>E<2EE7M?AEB<9I@7GAFH=@F=H=@@=GF;B06A>;F@6C<>F<>B5B>8<<<4B@;?@B>;GC7;<8;E>B=?0?C?>?:@,@=E>B94=B:9<89><=BGC=AAD>@BBBHDGF>BD:7E6@?@6B=5C5AE@A@5F685;7EBEH8DF:I;9A7>01>BAC;>CC55B6<@5?B28@C=?ACC:@=@C<8;?:9G?=CEFCGG:?@J9H9:8:J>AA>K97@@?F?9@=BA>GEE@:?C88A@DF>AEB>8?=A>=9AFE8BAD:@;D>ABAIDECE:?C;>@EB?:?@;CA;?:@>EB<188>D<@:@;B>3:9A4=BC.@D;0D@J3C8>DB?:?<@=<7<:8:4=:1;AD=:>3?=DC@?C=::A:8B=FA6CA89??+99;>3?C=?>D<4ABI?F@==DCHA8=?B>=A?C;??HB=@7;>C6DF;H?D=G<@>B>:2D;C;A;=:BE?@@=>EC6G;AD=AFBQ>EB:7C<9B1D?P9HA<8?D?>GDC?;D:?H?H:D6><:?HF=>BBC8=C?>?@9>G=?E=E>A9=PG@E:F=G?8>UDBE>K@69@<--D@F9>@9CBGDKJ4DBFDGAJHBA>AC4L>N?CECOI7GDJDBH>D::BQ>CLC=CKE;BOKAQDHEPOBCMS?EIHH=ML8GBFPOT@@>MGIDD;;KFFFI@FJ=J>IGIDJPMDA=;@9KCEFFJM>IMB>DHIC(>HEKBCEGIH?FG:CJKJDCRYJGMJGBIAREEJGB@P>;@G4@>E,F68AAH7A@>4H<>=PCJB@7;9F=AF87LA;C1GDFB+2DCBH91?<,P<6GE25E5FBHAJ>D>EF64@=5G;A@BAE=D=?;CEM7E@A=7M;=G<>A;8-G@<=BA2>=85;@<>:5.@ECBC:>AD>=?@B5;=BA6>?<52;=G<<85:CF9;A@2;=DFCB1>9E6ED44@;EE;;7=E<=>9CC>?BCCE=IA?5>EED?E6?E?A8>?>C=MF>?B:G??7?<=;3;@C?@=;E;=3>A8@D=IDH>AD?>7BA>D>E1II:@0G?JA@:H<8C9FC>?A;1?*>BDCA?6:=9A@?7?E8>==@2=6<4B=?@B<8=?A@AE2@A@BM??>B@10>BB?8A;@=;=@>=9F8C&8BGDF;?@=@@BD:BD?C>:=:AA:?=>:5C?9>@BKC.CE?F=?D7A7CC:@-B;B@A?:@?<;;C4?C==A:6?BG3F7A73A<;;C-=-@EB?9?85C>:A=F:2-:6:?@6A2:/M=DA=8E?;7>8:=7;794@>=CB<@;;DA8@>@7;HB?4CB?DF@AB?CCDA>3=EEEO8=F@@>D?==89D=76;=C>@?7A8:@:C0?A@=>=G79.G>4>7BA@HI?F18C:4;2AA>79A>098A;@CD=32G7:??7E3?8A:B.>A@A88?DHH7?2/@CH08?F7A=B@CH?@5H89E84>9B@6DG;G>8-@JEEA4=?BE@C>GLCD3;@A?C;>IB2@L=EF:DB>;;I9B@7A:9AGD=?6FJJB=D?2F??@:;BDEJ=CDK9??D7DF087;HFDG?CA@;?A86?==C??;A=BAGG7BCBFDJAECC/@=?A8A?:;=B1B.E?B8DNH5HODKFEJC@IH?.4B=?BJGLDC59@@JE>IBJ?BEC?@EM7>;NA=GILJ>JIN?HE:GAH>H?FLJEEFDC8DIDAGCJI6?KTDEMBF9=89>;IA:DEYS?T?LKLCBWJRJICAOPKJLJLMJ?DABEKNAID@9A@@ERC@PJA:NLUOHFJOCHEDAHYRG9NNPGAIBEND\;DE9EDH;EOJRBJODBCAC;>FDBV8E;@>BDE^CH15095ET7,7;5A>87J>DCD6=>BF8><=>@FG;BIBBCE<8+J:.?6AFD@@=6D8E=@1C?1FB;BMD@>;:@D:D=9@CE=A>>@>7@2CF3>CA=EK9F3?B=@=>?=?>?8BA=6D=8C@07J5E><;F5>?B75AH?8A9A@>GJF>B:B=LE7>RH>HK?7FAABE7>E?H6B2BECDAA+>I@=JFA7C;=?A9HCB98?@FEEE?F@/@8GD<=HB:=E=EG4FG?C@DG8C@=C0=8E=/BF?5A7N@IKC>E@3@<7D9DE)C1?=;820;72?@<<-A.B:>=;??A4?BD@C9ABC>>AB>C4A766B=C6=@<>?AA65FFBAAD9G8>>@A?A>C:@?BFAC@CAB@?A>G0A9@?>EBA;F7>C;?>?H5ECFK>B=>@B@7@A>=@?9A9;A8:I6>B8@C=?0F=?5EAC<:AC>B:;@,A5?>B>=G>E@:>8:@?=98B9CD1<;?6D71=;?@;>@5;C@C5J52=DB>5>E=;J:?@CFE?E34B?33>4=?GG:)>L@?F3@C??=BB=;BA@;?BH=ABD=?>;?B6EC;D9?>@0C??D7D46A64I>A???:=C@@AABB?CF9<4?:BC6:@C?1G=?2>:;9?=IA<8<:C;F<=6A@<83?@>AC7@?C7@<;;CBA:C@A:9?8>3<=@@B?9?O?B5>DEJ/>B;8A?99;9AA:JEAGC?>EEFA79CFAB@E=>DBGB@8>=B@A>J*9D@G=@=AB@C29CE:BBF>AG>FRE@AGB7<<;>@;@E4>9A:D91AEO8?B>HC4@FND=JC>>8>B=?C:K;D8.?=CB?G>;2GF?EDI9=<;FBDDHDIB7D=CA9<@AFEC@8?CL@=LA8BGD;;;7@A=FC?EAGB:CCIWGBIMJO>D9H@BAD?IAOK=CDBC:7ACIJ@6O>?@EEKIEO;FGDB;NE8C>8CATE6BAGDHDALFFR;MO8QDGUF4>EACNOGE>CGFC5BJBXB:@LFB@PA@BJB<@@>;FIEW?CG?BIDB>9EF#7?+D6B:@GAAA?=>B=C@E@:CC;>A?=DND99B@@=AELCC>E?@3:;C99F@;>J<J=?@C?F24AI;B6I=B@K@G?=?=EE9BJ@A;?@E=IA?D?A@CB1BH?9FI<=5@@5@F9HBL@:M9EE8;?BB@DJ3?;@5@=@<@<<;A@<4ED<5P=<@8BFIDGB?@DDB3HEBC=D@=@E?G>8?@A?F@=<==OAHA?::DC3E@E=@E>=F9F@:==?H@B?P?><;=;=8>CG@9LDD8::@BF;8FB<@I@>9:3DBBDEDA/>9?BK8,6@;<;9=59=F<;<35E63G=D=4@>;A=DG;AA@@H;9C40?CB=>D2>B==@3DDDK=:;CB>@>-5GEA9DDADE4CD.9;D>C=A@F;8I7E:>?4@AA?=BC=B?A8>DA5KE=CB;A>0BBD1;96B8:?8<=D<<.JD>5D=C)<>CBDGAC;7@7C@I;@<;B6DA;9D.0?=B1::=>>6A:FE:F>C?IDD>7BBDE<>>B?A7@E@@69G>CA1E79?;;>;9=A9G@G43CDCF9@E=K9-:A@=D==5>CF=BB?H:6FJ@B;E:D<5:CH?BFDC@:;7>=@AC68;>ECBFH>HC;5;?=BFC@F?8?9==B@LGB5>>@DD'F8>;>B?=95;??>FE;>AAE4>8GC;?678A=EBG1A;I:I@>>DC9:>;>><@DGG;=<3B.D4>6CCF/8H:KA>D>DB@4ADAAABAAB8CD=ECA?B@HJ?DG/2>F98B@IAHH9IIB>:IIDB2;GGBFG7DEI1BDH=?PDFB9ACFDCMG7H>:BEBEB7>I=CE=A;A4DD;2;F9=B?@8:DEA:B5>83=D;NAAD>E6GA7:E:JB>KA<@?:?<<<>;CAHB1=?I;=:CFEBGEB=7EHCG?IG<>APDGEGF=5ANE@7G;KG@CJJI6KH?DLABLNTNH>?FDBEDH;IJOMC2D4AF@=IHKZK:EIB;FMSB@OJOH=AFEOL=NO=KL7B@IA9LNd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`L>;KOJ;CN?QCCXE:GMHLNKI5EG?LCLD?9EUJIHZAIKJ:AEFC@EFKBFGDE@QDCGEJ7G?HC>`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
      =A:<<<=>;A9*?EBGADA3@;9@AE95=;1B8:>?F;HA;EAAB:5?;G8<@C9?6998F>:@2;;CAC;>BCA;B=H+BDA::?(6>9?6?@AB?36C76:F2@805EA?7@6@4F:73;;:?@C?D99E8:D?5;A>2@:8::8>1HB5B55879>?G6?6?A>BA97BB7?6C=;;D@:DG@7;C>A42:H<9<@?<7<@DA:;79?FG9C7:2@@?ABC?>6JDC5H4??F<>J@B5ID<:D@ABI?:;F==?8A==I6G?AC@HKI?=@E=>BD;FG3JBCGC=@::6;A<E><8@B<7C>B;:3B:A>7AB<K41O=9?BL?E?<4F=FCG9<=?8KE579F577)BAA@;EM8??<9->GA?@BOGC;DH2BA=-;5@@HF=9?::>A;F9B7;M>>>F9>KBAAFEAB@V?>K=;;KB@1?G3,BRFA5B?AABMc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c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g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r]_quVUJI@BAJB>7E??1/4A?>>=66;C>>@7AB9?>AAF>C<B7A8DD7:7JAJFB;@?;AC7==?0C=<@:C<=E?;L=C=7?:GE5@FG5?D0=D@>C7:B=<:;2@BB6<52A8?7.AGC::>=?M@94A:B4>JCEGFAAF>G>B>BA==>GEG9E>C?6==><9>:BG8@9=FCEB>=:@K>DC?H95HD?H>9<9>A>6A;9=?;D:4?:I;=5A8;BGB5C9;B<=@<6><@A?@:A>A9AA@C@;:F@B@8FGEA<:C>AC<<5?8=A@BHB;@DB=89@AA9B<9CDBEDBC:@K?<<8G:B;L;>A>>@>B>D=LBBAA@HB@E9FD@?BBG;?IE=@A@EE:EHHBI-F@;CNCB%68?@@-G;?AD;E?H?A86B:6>:AE26>?5<1G7:ED<8=?BD?K?;:3D4AF=::I6>@>>B7;;2?C;DB3IB6;=G9@BI8C8>C;3?8E=5F?;7:>;1H5GAF:A>DC%@9,@=;A@3CB:I?6@8<.@;?,FCHEC,6@:AEC6><;4;FCD?8559@6;:EH=ADGD;9B@;DB>:3;5A7<@CDCHBD9G88/8D@F:5BD?9<1>9/0E?AC??BH7<:32CBDD>CG?BFB>D;EB<B3CFHCAC=AB;9M?HB>:HDF;GC?B<8FA@2?EA=D>2CEA8J@BC7?7H)BI>:CAA504@B?=G76D@62A?@;7@79;IAG08AI?;C18@><=9A87;29:D9?I5@=@7@CF;?AD:'=B3@@6CAFBC?D>??B>9>?AC6C3B;G8B>J?BAG:?<<9@I=B@;=AC7:A=?A7D<>CE466ADD?:A;0;<<:8C<0;KC@7ADB:?@@B??BB9@<.@DC61EGE;AC7B;;7?;=*@=3=:?D>A>A@A1A:E:AEC5>D=6:CAH9=M4B?=?C=0>@@;H;;B?D8B7D48ACKADDG6A8;999DAH:GBG9><1C6FGH9:3A8D@>>?D0F?-=?9E75D??B?:?A:?BE<8AB>6A@C9G987A8CC,B;=;?AB=<>@D=F9:>A=C@JJ3=8HFCKD=A@@80?9>=8>;BH@CI>HB>?GB>AJBJ`^xV`pijPP9@E8CJ@4=>C=AG8==9A<@6BA:<;CF<7:?8=J?B@>2CC9AED77=<7AB7E@:69;B7J:A=A=7BI:AA5<=5A6DC:EDAB?:<5HB@>:=1E@DF?78@8BB=BB7><:?8:7H@9D=B<==3BBB56@:<;8BKE;;:@<5?GF0=ACF@>0<@B7>L7:78CB0>?5FBB>>44DFH>KD?4;DCA=;>B@=9A?J==I?>C9??4=@>=5=7<=HAACEEA:@=3EG>9BDABB:GAE@:@F?:@<:@DC;EB=?7H@A=>GAD@5F8@F?BBA?9A??@CEAFE@=?G)CH4@C+0>AF<0@:A;<@>9F+F:8H::4<<=>=9=5:>I=3FGBCD:6@DFBDA;=F>@?B8>27?BEB7:F7F>F;:DB9G>9EC9B)@<8EC??IDFf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§i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iZl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ŠÿÿÿÖOC@?E>@C<6<=9=:E>AB>@CDB:6>/;@>E:EO?D??BDD@BAH6>C?;@@ABAB1?A@:8GLGF>=?B9D8:;?;5IDH;[BF>?C:A@Y[ùÿÿŒTF`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ÿÿÿÿnFGC@E@ECFHIH@?F?DF>BJA8DI>EJEFIAFF@D:B?=9A>BDC7A@@FC<=?<61CI>E;;1I>=378G9E;C<.???AC?@;7CBF=9<3MB8@BDCC?7::@A:;@DFF;CB7C>==:;C>?E/?3>@A@D1D9DCF<>=:H8>1<4C;AFE?=:GKqÈÿÿÿÿÿ”l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qáÿÿ JYBDECF3FAFH=8;K?=E<>H>CN;;5:?;;E>/BC8:B57?CF@:@7@GOH7GC>;EJ<*6HA?<=HBAMCGCG?=4:;9C<D7A.@?F?63<>FCHDCHC>C:C?DME9E:FDMD2FLFCB;BAD;:A4G;;5C6F:JBKE;=NF=EFF:?CCBGBB284HF/FPTêÿÿÿÿÿÿ×e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tîÿéwM@APLBA@CIC;DC,E?EJ;DEA6D=45=KJH>>IEED92?72CH;B?=AGB=/D>9:;E>>BB8<8;EHB9GD@*>D6AAC<5=CAMADC917KC6A=E1GE>5?B8@AHC>J>?>==D;B@DE0B@D@@==@AFB65F@A=8B>KJA99B4D@FAA@::@<=FAG??C;BIJK:H?5;>>7=A=>?8?B>B@?2;:D;>7B6D;H?>?:8;7C?8AF@>A:>GG=6/A4B@=1?BA>>65=@6?B@L?+>::@?A>B87>A??=A>I@DGA?C>:?=AEA3F8@DC7C7@@GA<;C>EI>B<;9GA?A:9A@D8CB?F?23@<5B?DAAA@3FJ>=<9C;DC=9B=G@8EFE8HA>@JDC81@>7JGAD>@?M:8<8HDDBG47B2:83JAF8>?F=9E3DCB8FA=H=CC8H=6?E>4;AM?<6CE8D>A;D6C>=?E???8DF@>BF864FD<9>?A=FAEFA4J+@>>G@.:?9BF?@@GF@CHE>A=3EICD?C>?E?BGCDC?A=>E3A>@6>FCC0:@>9?BE@;=??C6:G<<<=IGED898BBC@@@3AG76FA<0;CE9=B>C>?>BCFF?ID7AC3DFB99D>?H?DAJBB>D@E>=FB<>@:;?<9?J;7GHF:@?A:BC?9?A;7DC@=5F>BF@9E@@A@:I=9B:1>HF64:B@?>B@AAG=@1MC@?K=8:<HEL>HD6:AC4=>DFAC=?DG?=A?EC5C>2C;CE?8B8>BB=@7G84F>B6H=;9F@>G>5?:A=@FCD>D?F57@=ADE?;FAB?F2><@>KB>=B82F@MFJ;;>9BH=BAB=M=CKJA@8;@ADBD>?DE=EHB?@?HA@;:49C:?@;E9?ACIBFF;5D9?;7>BE?B>FF@1OI:BCEBC>E;E=4?/6HC:D:ICD>8J?B:6;KFJGC8DA>EIF;Q^OWHU?N?L;>A?CA?.9D<=68:CG>8FFH@A=BIC@@9=BC=:<48D96CA=6A3?B44AD=5F6B8C@A;@GBCABC?<>7>D;CC>E>G@>DGC@CAA:57=:;3=>>E7=>E?59=8@>4:;B;AEB1DEFDCI:BDB=9F=@5?>A8>8@<3@<8D.8DD==EB;9@84?H;99C;J@?DF:C@EG8::>?AA9G38=<2AC<391G@7;@9=>1?D?CE;F=>)79<<5;:@;97:1*@F;8A:;;59=E@<99;@:ADDA@2>A?AFAB:K=9==857BG9N6A:EBBB9:==:4DGCCF5H<@>?A@4=5D:EDD>H>B::=AB5;?J=;DABC7D*6CE6?<9?EC:JH+C=C=A=2ACB>3>D==>;?C>IF;73AB@@<=3?>D=9I8:?>@?;=56E?K=AE@69@B=ED:EAE9A=<6:EB0BCE9>DD:>CDED@@>?8A>6:7CADCN/@I2DD=J;;CA?=B@@@DD@>E>A@:A>ADA7=A>6:>=@;0AF9B<4>D<78C>;6@K@;;@@A9>=?ECF:>>:=>:F:F44@5BED0=C=@6?:DED;CAD@4@G=D6:DGG;C=E<7=@A7@?DB?AAF@;>7>:C8DD?C82B@C;G7AG<==6?DH1CE@@B=@@6:2FBBD:=><<@5@<);H1GBA>D>AEI<5=@G:;IA;??=>B@?B9F>B:4H:@CI@5ABA>A1:IA=/27K?8A@7?<=>B>:@E4B68J8=H@;?<@6B::;9>A>?=3ACD@?F?E>I4L58DD?EF49CC??9EGG1>HBBCFC8A?;GE=EC;B5HGGDEG@ED@EDCADC?8C?DHFC:>@EFD=;AAG69D@@LKIG?DFA?>?>;A@:FFA@>5=;?I<=H9;;5?8@@?G;:BA@B?==;<=8DCJ;@C>@@DED=>G=DFABA7:=9DB:A8D?=6=C>GG@4A9JJI?=DO9?+EE&GDCG=1;?BDM=:6D?E79BA?B9HEFEFHL::JH>FL:ED<=H?B@F9>:=C@IA>,D@BE;E;7@?C8FAA=>@CCEB@B=>859=BGDDCHHAB1I.2?G=9E/BH1>H=A87CBR7>OCH8FC8B@C=F?CLLEGMEFH<@D=D89=M@EJ?AGC7;EE>A@=;EDC=DC>ID>:C<>G?.A>E9?L9>GBHCEB>H5>?BC@F;6@9/,D3JD>->>?>E8B?9=>6;A:?>E?6K>C9>?L=A374C>27=A9JB0DB@CF@7@3:B999CGC=?<8/7E?A<7@3A>>D=;/D<8=?ALBB?A;=?>-5;?2:981;;2?<:@A?DB6@CH<9=*M>1;5A=@>>*C8>;=>CEC/E>C4=;3:AC;J:::4A@E8B@7=7<8BG?-<<=>=A@?:>?=B>H;ED2(C==5:?:1;@D;>@C7H>A:6/ACDE@FC;DE::=@B?BB:E88F%8B:9:24G<.IFE<@9@@BH=F225B1F068AC@@D=44B@DDG?:E8AB<=/9;G9?D-CA?G<0D@@EB9?E;@@7BF@E?7B6-G@AA>;<3>>=C@BD*CE:=>=HAH?-?=3@>8=I?@>@:E>C:=><6EDBC;E2??D?*ABABD6G9=->B@B?A5A@BF;8>8>F?@9.A?C:3?=CA;<=@EAADFF=>57=;E:B<;B=?B>DC;8?G==D9A::@AC9?D>2BDD=.B>?CD@7>AFGB7D4H5==BDDBA'3@7C@H>0@E7=F8;@D?<@<=EA95?HEGGFDF>9CEC?EB?E,?I.H=?>DC;BE?>B>:?>E9B=5?6?C<;@D;=@?95A9D:EF16G@92>H=2A;7ADG36=<2DA;=DB@CCECABD4;@4=?CB>;?<:756DC?>FH:>F<6B=?AB2HKA=B=@FA66EH=<@6@:=E@;C>E=AE=@;HL@@=;?HJC=BJ@5><5FAAF@=:GMG@NBCA7FDF?3@DEC9E?@F6GH?F=JGE=AC>K;=BFFBI@@1D?>AAB:9BDA@ED5:@>=:ID95@BEM?E=I;D?8@C?5G>EC@:?JB?GGB:99E@@A>C>@C?C8F:6BE>;G/EE=4G:J@EJ7A@=;GF=?<=?K9?6J=B=CDDL=AC<>C>=>@BF@A@AGL@A=B>=I?@=BC@>:AB@BE?LA=8>BFIF;BA3ED;H@DC=?8BN@8?LG=F>EEHFD@>BA?E8=FF><@=F7;==BA6@@@DF?J3KF>@G:EBF?E.>49FD2JA5:>2@EC8G?=@?EC?<7C>@JH5F/FDR5D9B9@;E8@?B1C?D?=CILFBB:??8=?P9FLE@AC?ADFE>>EAI@9D@:B?BA:B6AK?:)AC==BB@@B@>?CHD:IB=@936BA<:;F;>DD+?>FC9LBA=FE5E;=<9:<@9?F6G>I<<84@96@?>>=9=>=G?3+;?7E7;A@@37;?>>-E5ABCF:?1=9G9:A@/=>:0@;8BAF?>;9C>A*B6>=1???>?3,3;B2>9@=;E;<@=?;IEEA>5>BBEC=?3?E03;D=8@98?6=;:>BF@E>>A>@:@FB4G<@@<=D50?D5>>6@E:=?EE@5<@?F?CC=40@=<>??::9C@=IE@D;>H6=;E8@;BH?0E2D<7EHDB=<>EC@4F:C=EJF>>3F?A>CAEB?@C=>HBC@B>?;F6=A@H=??B<8EDE;DH?@A;@J9E?E>A9>CH;=DCAHCDCDBC>6:97FB9>G?B8@A;AC=>;I;BA8E;D=FC5:L;?>AB>D@K<A=<9;AD=8>3@A9<2=???H5GB7GDD<>AD2AA@8@?D;;6?89ACAEDDG4:?<@?D;@1B6D=E;>BADB=A4G.12F8A;@=EC6:A?AD;=FGB;?D;>9CHH>><7AD8CDCD;3AA>8:75D7B8CB49E>CFA:.A>>;CBFAD?B@5:=9:GA:=D>=F;:A@<1?8GF?C?;ACAH2H?A:CDHEHB3EI=85D?/?>HDIBE@ACAECC@BIB>;I<3?;=9D@BHE1>GE6I?89D>EEC?EC@F;;B>>BE=>>H>@9=7?;:G9:2EA?>?@C.C=F>JJF747E?8D8?BH=;>@F=H;DD;AK9=?@DDA=C9H;IA;;GDHE8A?IFM<?F49AE;;F?8EA?CB@;>BG5?8G>IB>5MOKCDJ6AF@A7D>GADAB=F:?C==KIJ=LDF?E>D;5?D68B>BICD:?@+DBB>F>AC>>>F4G@@A?><>>>A@BMD1BCCE<=FL>>L9:D:FDA;>>C:L=?DBH>FC<>DC@HG=H@@D=<@@HELBDBEBECD<8:EC@H?BCDF>?ECI@>AC?A?;=G>D97C1=?E?4>AF7HDJ7E>A>EFAD4HGB?3A10D2?B:>C=:@BCCGEEH@2M4B5J24>7>CAAA23;;B;5C8>8D'FG;CD?@750;>A9=595<;D)7C>6A=:6F@@;A<6494981AC8;CA0?=FC=@E*A8@5:16;BM597??!9B;.AC>D4L1??:E&@B=BE;H8GH@2??7@J?E4F;5:>C;8D@CHB6E?B;@299B:@-=C47ECF?4<==DA4967:?A=@>9G><:66?A>@;F/F<7?<8>CE83=9BH@;=?6F4<=CE?B>BI?MB;8BD>ECB9>=G9G:.;<@9;F;><@+7@B@B94C>9B2?E:B.E78;@=B;4CDB=CD>E?>?>9=EHHEFD7B@@>EE@A;@79A6ACA3DBA97DA6F>4A25D<=@3:>?8=9A3?@:FA=>2AAI>19KE:;@8@FK?.H9D>?A;?@BE=F>AC@HDB@:D9@O.8G>?HAD>A@;:EDBA>7=8?A;7/D;@=>;CG=9=GB=@@>G?BCEA487DCF?E41=D>D5B?8F@BCB=D@==C<>:9?B>KE;GAA>CBB:<>85DB5:B=:FAAL=>C>3<<<0=F>D2@B49B?5DF5<57=:=A4=>,CB<;CBE=:;I@B8?4AB8??8==8=>3;<??:+B?ABCA:FAA=D>A>:C7F<@AFF>LNGG6BJC;F4IGHCDB=EG@DI;=BEB6C8?CFA=2DA>I/?HDC>??JC=>F>=@<@::N?EB8;HAG8AEJ;=DO;5D@A@B<1QD@27:CAHBCB@CMK?;;?I>>6E;FBX4?@<4G9:6A>G9CBC2FF?@=BC<25<=?=H4A?EDAD@5C=E;?@?B==:>:KDC@33B=@?>=?:BJCAECI?DEO>D;>>E?C<:?@;K5<98;?C;5C@:@EBEEGF>DAJHA4I7B0C:@=;1K@D@DA?GA>4G=1@FC88DABD?D@>F:?AIE>=;D?AF5AC@FEJE@E0>A:ACCE<=7?;>>3E7>A8F:C;EBC=9<3FF>?>G>25D1:9@A@?>@@5A==C@?@0??E@H<@3?4;CLCJ<=85AH581?AED=;?CH??@D9>8A:>B>8'2F.<-7>8@8BB:?26?@>C?=AE:AD=CEB;BBE76C;@B?=<@4CC9GB7>@ACCB>E@BD@=?>8DB@7?=F:A-*A@<C=BM=6?1>H9?C@A=>>=>@F>=GA@4<:DBAEJ;<9CFKC??A>8@B?BB@?>:F8D1AJFAB+DE@BAEGC8:>C>B;B;-B8A=7M.>BGDEA>A<:=@>D??C?@@?CB>;GD;:DKA<@?=8;?=C;?7?E@?E<=:55B@;8;<=?@BABAEIH6CC:A4A?@?:>77?D>7B@>EI7B9EH8=GG?B@AF@C?@7?>G=K96=@AAB3;;D7>B58E@9KF=<>ACE5?B:A;E?<>B@E7@@F?B5>8D<@8>?I?7;FBA:C:C?8?@ACCA?:>EDA@BC;=I<7AB2CEA;HAAA><<2?;=C?=C:DABDB0><99DH2H8>?FC?EA>79?;;?>A?C7:ABA0<79C4<:E094=-=@9?@79=>9D49,??AABE;B>CF9DFD=;BBL>?>@CD@CE@ACD=A?471LJ>HD6J8=@>C@ECA6B=CO?;:>A@B87CC@;FC6D4;A?>I??ADDO@B:HMFA;JF8=BIC/>BI9D9:C?GAE>:=E;L>;@@;?D?AH-FA<6CDMCH>BCGD=EAIA>=J;7:C8GF@GABD@AA36GB===E9GDE9:6FEFAAC@=KF:J=3?D:C9=96165DFKBG83CCD5I;A5>I@?BG>C@:F>@BH>6?;;@FFB;5<@F3?A@B:G78;CI>FA2;DA>GB=BF@E@DFJ?:F,A5ED=?1CGGF;9;7>69AB0@B:>DCGEBBF6?>?:@GDEEJC=<5=FB:H:L@G7=;1AB9:C?C-F5B@@8KB@LH:A@LI=D>A>?;K@:AC<2:/9C4FG?@GC;F=4DF6@F=GE@F>=>=DH0E=B;@>>I.34B7<;C?C>9B==5@?>?@IC;DB7:?13;<2B67=9@A>A@FE<@;=1GD3EB.=<@<@(B=@6=<2D=46->:>;9C;6:F@>A9B0BC57=A@4B:;I8HAD??D@@HF???:D?;F?A?<:EC=;4B@B>BCB@7BFD5@FB6BDA:>EA:0C<9H<@42<9:DA?<;I2C;@HA53;9?A.F7A?>?1E??1?;E:D+EH5>A3CAA3BBC=C>D<;75EDB:<8C:?B=89E;AGDL:A>4C=>@?BC7<>BCGE>J*=DFHBA8?DB8A=BAB?:@><@=GEF@:C:9E;@>B;7A??DCDCFEDB<><3>G<>9>A3=8?D?IB@><8EC674B:DD9:=FA7>?8E:D1<;E;>9@286=@=:BH8D05KA@?A>C7>;DB;/2?=D<:2>:>;E?>9@<8>D;9DA?<958@@?<=>9@5C3I8G@58?9E:ABC:>;EAB@C7;@>;DC8=;6GC<>7@;?B:<>6C?CF@>B?:47J=H>:C<<8D@6E??F;<:DFA:?B<:A:3&B>4/=A?>B?>:96=B=@8><@?@@89863<@=87;376:+5>AK?=?6?:;AC:ED9AH?BAE=E;B2AG:5A9BC>CHGEE@9F:E:<7@<@98A:ACF>@<@BEDAJA3?=KB<;=<@9=26=@<@=BD?;E;B>GDCA?A8?<7A6>=@=@KI8BCD?CCD?8D3C1FEFB:@6=?BADEL<=CBCEB@=;9I9@CH7CB>>7;@AE@E:BB83@?>B=?I(?A8C?CFE/F;656>=?=B>CDB98?G>BM?>=E:@?6HE?<<=D@BEHC?5F?=867G53;B53?;4E<@3:;JD51ECCI:>CBBC7GDMF456E@AD>HGA@EKDCH2>3/?BEA>N3ELKG/<9H?MAD?E?>>;B;@EID9@BA6GFI>97>KD=B5C54AHDEEB?@E23BI;6:BGE:=;@6><:H<@?8E>8;7@8B6J-H?;A=A5=C8GC>8NC>8@C>@D@@>AC7B;=@7DCFD:?:AAH9<<:@<=B<7IJ=K6D=K6A7@IB@C<79=>=><9C@G=AAJ:783==B??3=C?:E679@>=/J>D;D9D?930?FJ=3BD44AB5@9E;A9@@=;J;@99*8F:A::BAB96@C<6.DE?:C@=7<;399F;?D??>=D3?<@D=?@1<@F>A7FD<@DDC?>>?D?B?A@;<5;G:@E8D>F72@;B@A??><=J7AAA8B6J@$=7@I>8>;:@=>B:@;@C=B:@>?0EC7:?.=;=;;/BAHA29BC8?>-9D@A:FFE@=<@?:E67DB=77;?42;>A=?DAB:3:D=A43F@8?DBG:E=@7>=A7=B4D<7?3:1DH>=:@H<5L7B:8;CDGF9NA5:6=I>4CE;HFBAB=DBC9CFA7=6ED57:9DADB9G<;:BE9D=G?>?DB@?<G;<4=9?AE5;C;9@D;=>8B@D:;@:B?EC>BC98;=>;D9:774@9A<9<:ABEGH=;/B>N56@FF=E>:*<=/>3C6BBFA>>6?C=A7DBDCAC@C>I;@7?C=@8E@:;AD>E><=CKJCNE=7?85A3=-A=>C@9E@>9CDE9AMAB@<>B6:BB9:G?8F=B38?99?EA?>CC=>8>GC9:L9JD=7@:E>CDB=F6:=;86D9C@C@>7A-@561B45B(27!/@.>;@B>A88@>:C>58B<>@A=2<6>=??7)=?BFH>=BGA>DE>BDDAH@H>11?C?E>B:AC@9/8G@A:AF?ECK@<@?@>A:DDFE7E7@4=9B>6>DA?=@A?=;G<9@@KFD?BA?4BKI>8DDHNDG87I?B><9E5=A95A8JE@@FK>A>;0:99==7C?;CAIDCHBEGCB@>G>AF697FA99=>8@2C:C;B;4=@8?>CGD?>@NGJ=H:CF;:7BDB7C?CA:BGCB8=A?B?AC>77C?>?;=;C=B>?SD?87>7DB@BKC?A@>G00GIEC:=;2C7A1=@@5HFDG=CAD;7LAB;6;G9D0EDDEA@6A8DI3@CE?7E=?D6:70CIK:B;@7FC:>9@G9EC?==HLC8CE0=C:B:@97>;B:;>@?8E=:>?@E<.BIBB>AIHA;28I76?C=?3?=8<.@;;2:F?@:?4>?2(E:?F?=DG=CCEF@B?=B<;DEBB4@>@EB@>A=2?B:@JCA;86KC9A65B8.>*@7:??D5AB@7<.@FLDBB>0=-=NG4==;?9E@A#?@*A8>?8=B;=G2A;@:;;<@3=>A=0?3?@=<<=?:GD@CD@A=BADC:=;@I>G>20;=:4;B093?>D7?CJA;7/?=A@95@?>7?7<<:@6>96A;7DA;?D@6;?(FAD<'C2?=:AGEB>2?@@C@<=:;CQ0F?GEA:>=79@=>B>@==>>DC?DI79B<:BAGEA;=;:ABAAB>2:D==5:EI:D:GA>A@;=?;D@CE@C??@@8G:G9@6?A@:F;14@;86H:3@C9C<=F:=<8JH6A?>@=@A@;56?64:B=F;5;:90G6GG5:>B8;:2=F1A=:;?;G?@EG7.D@;0F5>FF<@8LHAHC:<<@@-D96CA?0>C:>;:D42BB?=E<>9>C,4@?8<7:ECB@CID19CCEDA9>?:9=76><>=G97FB=9C?B>@ABB798@>C99D;?2?,3:B5K9=7?C>C@@9??5?B:?B;B09AC9<1=C@A@>::@=B?H>DB>E.?=J=6>;@95A@A;>D@02>F@@F;J;7@<@B/@D:EDGAE>@?AA@9>8A=/=@;D38=;?@8BA=7;H;3@AC>72F=6CD>C;80AB=>8EE?@A8@D=@GDH;?@J0FF3<75:ECD>ECD:=9;AA@87DE;:D@=BD9FB<(A7>;@E@98DDM@B?B9JB;DE=14?;M==E@HJCF>>D@E?E?=;CA@AGB;A@DF@CBDED@CB:AB88@I@@@?A6?4>DDE:/B2H@G=A.=9+AHB=8G@=O7HJE6?B@JDH:<::=F<>AC>:@=:=>8J8A@GD@E;AB<7;BEIDA2?><;M<:D@>BCAB<9A>>:B@>@3BE"C>GF>I>GNH?<:7ACAE=A@:LHCFAE<7*==@H=3ED=?K:E:=B;L73C;HBIFG?A:=EE0E>@=EE8C=OEA<7BB>?>@00D@6<;??AB;HD5G7@D@0B>;?=C@A7GBBC=C5D7KGCB:HEA6A>8AF?A8B;E6/<@ACKAD?;>;9G8F>=B<>@GD=A9?@/G4B9@K@=-C=7A2ABA=*@C:9>BD8>A=AP4;B?2C;A1H915DF=->A8DHFB@3EH?:?@0=5B=@3A4H-=@48>B(GD?:>.@B3DDB@=A;/?A=:?=D>?CFDG1GEA?@C=6:E1CC=9BC@6@=BB4E<@G><<4D7FF@B=H=C05<=C4?9A=@5DA9BAE?:;6=CAB=DD;=C8:<=8=@BIHC<794@29B8<=H:@C?@6<CH>C@>@G0;5G@?<>;HED?<;=LC?D:J<?05@D9E?5>EB09A9B3?+89:;?0,E>:8910A?7@;ACB:G@?73E@B>=7;97AABB9<<@>A=>=;AA=K17C8:C8BB?2@?88C=GE57C=EE39CADA;C=:E=DF?6D9?CF<;BA2?>GFA7F@8BG8F>>:D?8B:CB49;9=1F;<89:>;B>DCCK=?>A@@;F;>9E71A?BF:@7;B:7D<40?B?:=7.?@8@@?>F;<8G;<;3E>9?<:??AG>J7;J8?33ICA4?6F??A>@B=?8>BBFAB>D>/0E=A@??AP8CAGICHCDB@A@0?IDA=9C,EB8=1BHQA:B@H9=>5@>38BHFGDC>:=B@@AHB@B9>;5FO;DCE2;9=F0HBB;>D6AACD>==6CBGB9E@FE;EBMD8G;JHFJA??<0=>A=FDE8:BBDGIHBA=F,=.B??GGLBI=C@A8-GKA79B79<>BDBB8=I/C@@DBBCE@7<7>F8B>8CJ;B7<:?FB6@4CAB;IHDA>AH<47A@;E9>@BFAB8@C@?A@=@<88E8>?2>B?G:;@?B>5D<:8E>BAB@7FA;DGAF>E?>DQ@=B;@;<3A@B398?DFD:2B=M9A>ED@F>=.:@DHBC<6>DP4=DGB@JCAGBC??==E@;*@6;7F8;:B>:G7=AH1<@ALI=>D>52AC7>=6H?CFCFGG9ECBE?=579DC@C=IF05DEGBLI>A>BA:?5>B@?G8=FKBA1=@EIH?:2FC@:?E@>9<1BAA?7?=G:B67:AB=EBDFA94@6J?1;8?B:?2=<>BE:85.><:6>B=CB8@?:=<=@<@=ACHA=<.@H>DF0GD=$BKD8:E@<7AC9@335F?@/'>?DC=D4:7C5:B?;E:76BB9J?;;A89I76/;AE=>@A8G#=I=2E<6D:==:9879F4AFCD>C=9=>70D@?A2:B9<@@7AGEAD>=FG7;?D?5?=@8;E9:CF>@B<>H5C=?>7G@?:9?:8;AEB@&>?A<6=BB<7EA>DFFA=:H=AD2B1FJB;HB74=HAACFH;G@?F99D:FD?6PC:D@8??977=B9D52?3ELI@A?@:9HH=?MG:@IDJ;B?CAB?2@H;4:>CGA@CF8:9@=9>F6>=N;6AD>=@>?D:@3?+:<G=;:;>@?C4BA9A?A@?B@D8?:A@D>>A=B>::C<>4=E0:?>6B*<67=B57@9?;BI9?B;BA<=;E?<@8:;9;<>>@D=DFCDD=B@C;E@:=C7;B<=>@7=8B@IBCCBDD6C-B5;B<6@9C8G<.E?<:?<>C>1:DCBBCI<9@FI@89BA@8CEFGB7=CF>9@G=GF=?C;?5@E?68D=>?2<8>B=7DA?A;:B@A;1=;63D:9@:4GDC>=5@I?3;7B=63=CAEE<>4A=?8<>@BFD>G>EC;A=A>=FI?G6D:FA7CFECBDC@>HFC;=GFGA:JHAAE;<@8DEDEBAC.J?DB4?>:@C?4@>M;E??D@9;:7H>==A999G@=4:7?@G=6D?AH:;2>H><;G&??JAF9I=51?AF3@?DHH@@>6EA==8G9>=I?@=A=9AEIE==;0?BFE:98E;<:DA8FG5C@-AB@DHD;GAB>D@A>H:=A2;:@9;@EG=8PLEHC>BE@D897EFAGF>C=?A:?A3>;>=AHAD:3BMB;?>?D@7F@;D>>7B?59:@AIAF5;>@EG=;?DC@F6@AFD9@DC;CGJB6>JEFC<8A<)D>>77Q3H>=FFAE=@99=9<75:B?7BBD@;GI@D8E=BAE9:D;HF:B<)E?3CA<=DB@@@A@EB@>N>=:BE0>6>H<<=@>@::DAA3=A9<=3<2AA;F-AG9:A?B7:?5E9A;=4HC81BG4DA:<3572595A4?@998:=1@90C10;.?3IF?@9D/3=B8AD/.7=F?M;=I4=??6E;4:EAB:D8A?==57<1J;A=BC6.=72C>B4DB<=G0<6?C>AE;?DB684@67G:=C8GH02B@?;C9?:CBEE6?H;;1DECBD=;879F=>9?<@@@:9>6DIBC<2@7=DBHKE.>@A:=I87A8?L/:>:>.D0F92@EB=GAIAC4>;5>@>7D?J<:B=@A<@55==EC<::?95C@B=??:1B8CEB@A;AH>EB>;=?DC;B>>>;@@=C3A?=BA962@C<@=>:DF>8?6;>;D=<<:<8C50#7B?<8E:G==;>;:><9F5F6>F@DC3@8:C:3>?5@FG@>AEDAC3@A7AD:AED>=9C1@FA9?6@;;=>DAA@?A;>AB2BC4AA?EBH><;3??8DFE?@A2@D2;@A>67BD@8A<;?C=@=F<=@-;?A>A99C@?C?<>44365B9:I=:4D=D@@89@<@35E>;BA=-=<97:4508=3F1>2=?9=IA@D6:?3C6?=6A<7<=<;;C4E;A<:BA;A@;B9@46A;DA9=@B;?==@3+B3<;A<18IDI86@D?E7BD?CD=8?ED@=7A@DDAB;GBBA=BCE9D>?DDC7>;=?B>DDBF9D?2?HDD9FAFGE>:B7ACE85;AC7?A=EDA5;=<:CHBA;;C>F/38DA<=DG@F9D=EBA?=;F4;EA?E:C;=;BC@0B>@?4?8;B>?A8==><>@GJ<;?BBF;@;H?D@5=CB=B:?:>@>;:HK=D;B5CEE?BBFCB?8>8;2@A@C:@*H?=??D>FPB87?5IEI?I?@B29ED9?A=C:AB<=CD*=K;DBBD@7@>I7BA?A?4CG?@:99NBD@>?CD=JB8=LB8>B=A:@5=4EE@2H14.<5D9=H??CE@<2AKR2??*L>@L6C??CB8><:HFGLH??=@F?;A@D:FDA*2;B?A:?H?6C?<:9@>8HC<=?:?DHD:CA1@C@+A?3C:8>A74D06?/DDAH1@>5DAGD?5D2A@;FB?B<6D?8>B?@M9;?=?9=J=L/;?88B8=6<3+:C>;CA:><=:B>F'B?;?1ACI79D=C8GCF<>B>>FE?@@;=;?@<;B8;<38@94D;D>@0629@>;:8C>>>8C69HBDC?DC=>D@=>:B:B7@-?>F?G:C>::B/?:>=;58A?>>;>GB@?B5G/C>BAF-1<8>91;1<<<7DBB7;F6?:BB=LF8:EBB==7??BD@>C@@B@@D>?AA?:=>5I7>JD@I@)CBB=@=;>@B9C139C:>D9<=5<4<;>?:BHH8;E@5E7<>B;>@C@4C3@F?@=1CD>CB@A?>;@<9?52;FCFBCG@B>BF@CF@E=@=7:=8AF=EEGI39DA5?95=:F89@9F?:C<49C7:?;HA=;=;?@?E@GAE;AB=8@D493@A>62;<;<ACCD7J;;?BAB?9D7?@E@><@><=7ABCG>D=@@>CEEDE>EADE<9E=<>DA1C9>?B8B3:C>>9?EC@?;B>>->AAC@;FG/?C::9CEC:@C6A:29B892C<=>=737?DD::8<6GI+;?BB@0<:BA:=C>CECB<9=<1:*B>;D6>9>B6J9CB?6?@A=<0==?BADBDG17+=J6;6>ABAAF6AGD=DBCAIC;K@<5:;EC@>BHBD:CE7:>DA=B83SIBB6H/=9GF=A8B:D>8E@==I?B?<>39B?16C8A;@67;BLDACB@?@@?C;@FB@;;;87AB=FE<=DAE>GAMBB@:ICD;:A::2:>BAG6@>>@B=CIG?H?@@::CAECE?4EKF39>2:;;BCE9F/G?,AG@8<==?6DD???EHJCA@1GEB?ABJE@2>::>D;F4A?C@8G=?>-A>,?B7B+DE=DDAJ08A:D@>AA38+B:C=B>FC4D?@78IAEIFB>;ADNA;=FF909B62G@C@DCB6>DAHANAG>7@=FD=>G==HIJ91;9JEK:B8I?BJH9>9AJ>C8;>E8<5C@DABA:CA>H4B>DPD3=>7CCB@C:;7DD>A1C:CCG;>?>/B>58:D4A9@B@B;?AB5EMC:>HD@AC-FCIB@CAFCC;CA?HCGAG?@F?DCAEGD@=08=.>9;@=E;?A=<7C07==98CLA:D8C=2>@7>;60B=@C:FDH>25BE?;>AA;>/ADAC-:A8>E9CB5<=1@FA6DBG:B4@?BD7>8=?8@:>5;1;C7?8>@>ED=@AE@>?B;I?6CBAB<;A8@B>><;G?>D=EC7E;<*8==I<>B<:B:>3,FB@LE7ED978B;<8BCD39=3HAGB>5C>G4=+?>D28FBBHC6E37C;A@;><:;DA@=<=2D,>EA:?:??9II9B8?A0;A@4@DCE<@;A3A9C<:9>C?CJ>DGD@C@/=8IE;9>DA0?H59<=C>:?EEB:BABD;>@*CCBFHG34C4=FF=?DAFE8AS@3E>C6?C=BBE1;@:A<16?@$G2A7D>B;E?=9HJAA@@?G@==B?7=CA/E@?A:8;<=;>@=@==:>BE>C;@>D=<:C3B;6C;@E@>D=B@CE/6;7;:B;D'>=6F"9?;@<;@>7>ECAG@E9E@0:@)D44L@>5F:ED;DDA<82C=B?9C9C<4DE:F?<A:HA@DB7D@5GB;==?=DJD67>?E=B:D8?@<7@=>@==78ADB;H>==;G>8A;6A5BJB9;A>@D=7:E?3@9HDB>H=:5C67?4?(B2B>?4D>>86@C30::>@:BC><=;<85?6:;?:@?@8>9:?66C4C;E/2.9BF?@IF/=B,9E/:>=9<<:87;>59C;5D>==9;B=B;@H:KCB@E<@>A=B9B=B5@>DDMH@A5J;=E?A>CFD=@@D>5/@B?08E9?D>;H9FB*DBCBC;:F9BBDBEDDJ8;3?C8CE@BGHC6:KHA:?C5B9?D6CC>8;<7C=?FB1C9CH;F=B=8?9R=LCH====GLACB?@A=?BC?2.>>E.@A<<=>,<8?CA==?7E<82;DFI>?9AC>>>;6:80B<@>:B3:@)<6@4CF>@C?BE@><99B>4@K=:@C:>CCG8A;EJ>:HG940@;87F=9D:89/B@:;=L;73EH>GLA5D:8:D=<>E:EL=G@BB@:9?F=AKGGCDD6=AB99IC:@M:JGI;J@9@E;@EB>NE???GJPEBGDA5@:F:@CB??>:A;3H>IECDC@>?LGI?@DE:C56H8JH??KH@>OFB==8AH?>H8?<@C>=4H;9;=A@AC@HF4G6@G=CIN9G7@;D>DE>K86G<<@>AG?8;;KE8B?E@:E=<3?@CJEADI>JM5?:@7HA=B79G>BDCB><:I>C>2B2H39;I@;9D?D=CD2A,?CHA8@G=4C3=1KHA0=;C2/:>@B3=>?C9EC+HBA9C4C9A=DBE@>@=>C<,C+?@LA=ED;:8CFB=?EM>ADBAA4DEA69><4D05D@G@DLBA8:@,>?F<;B7/5@EAA9::BH9=?ID@B?F=4(@:;57875A@C>ECB?;;E:;E7/0;@@8=4E=>;E:@AC<6AIDAC<0>@D82C@AB.9I3EC@9B;=?ACE*>:C9CHIE=EDC7@AI?B=B?KBE7>@7E7;F3AJ@5A@?:@A?C>EBG8@?;B@?BDG67@?B=D88>GA;>?ECB=B@7???<8A*A:AA;?@A@9D5E;;@@8;2GB==;8@?F;?@;>?:9=4A<>:A@5:79:AAGAAE=J;=7F=FDCC5;<:A;?8><8-:=-B=>=@H2;*;D(A::DA=?8?:C9?78C?9D=*B@?>JB>1A?9@IDH@E@<;C>A??9E8<@AID;AB;99>2>8>=05FG8:DHBCB-@B>@?CB-F=/MFE8@?@DA=?;7/>;C>:8B86A>7E<>:98@:FDH3A;F=9=9=>=8D=@G=N?4,F?<687?5;E@A;C1BC>:>G<@99C=:;=LAJ?84=>4=GDCEGC8MD2IF@IBD>>GF1AGEKDGAC=>B?JAJ9E>BFHCDE@>@>D@FFE<>:GEABC?@?E?AE:>B=HEBE;MGD@@J7F<7DKAFHIEC>?7D8=:A>FB8EJ;5E;@D;CAE?9:CFJD1>@D@6CA@;5D<>CE>7>C=?:@@<@D@?ACD;BE?;?EBCA:EDEHG9<6ID79>;?H>CF8C6=DB4E:;@F5FA><2AE=AG:C@A:LAHBC@?<>3<=%?D6;AKCG?AD5>I9?ED@?G=;B=%>=FBF.A@7B;J@:@8G>D@@7F6GEDA1BCH1;D3IJBJH@B?B?JABG3;AHE:ILG@B;9@H@GHCA5O:L:>>>@3J?PC2F=C>@>3C@DFD)>8>5F8C9DJA@3AHJIDDC3AFNJDA36:AA<=;D9GAD;J??@<@:CDBJCEHE???DECJ>CEK5EDG>.AH>FAL:C@@D?18G?EJA@C@58:B7F:A?C@H7AA7?0K>0@08::G8A2C?6E6?4?91;=23EE0GC>@76@=BC<4C;@4IE=@;A4H;6>>C>?:B#.9>?@FD85=3DA@FB6>;@798@;G@D'<-B@C@=ACC,DB7?@:.F5E8?B694F3D8;9<=ECC@B9=@5@8;8=<.9G86@;:D2=5;=80BDD4/A><7;83E<8;@C;??A;@39B@-9<9@F>/:0@<;F4B.:?C@;=F8E@;?H;@??D=7DB=G:=0?9C9CF9?C<<;;2;2C7;FCFEA9HF@@@C@C@KB7@?>?DAC8AA?A6A>E=C?@=>@??9@CBCB@F:9>9=4EB44AC@BG@@EACD>8=??E7@84=DDD:3C>=F9C=@CG42C786EHB>:0)LB:0D@5::D@=@BCCA<9DEHF@=9D=BM@>??>24?F=B;@A@DCEB.;J6FFG6<;==30=6@@@5>4=>>A8A?E>EA=;8;>@9<2@675H6AD=@?8A>=;>E8HD<6CLD@?>@@7F>?H?H=5,:B=;?:?4G>B5?2:D;CAE;@C9@BC?B<56=DB<=2?C2BE<1:C>@G93<;8<8GA8=:?7@7HC4D=BD@B95B8=GGA9DBAAE?FC;D2D;FEC?:;C45DGD@4:BBAA5B@C)>?C@>=4@3;;7<@C:C><08>D@8>GB999=B=ECB=/DACF6?B@B8?7>7?B<@CAE->8?>B?DA?:F>DC:A?B@O;;G<;B<9DDA=9>=B7:B;=7<=D8??QDIDBCDA7>2:B>BKK8096C6C?EAFC=C@;;/:EFFHCECJ?ABA>CCD=?EA;HL=AFF@BAH>CEH=A3H@J6C;GFJACAA:>CCP7B=CE@AEE<5=EB;<>=:HC?GFA?I>B5?E;5G9NEKC7?ADG<,9:>DDAB>=BF4?C?E4>>E>@CSC?/<8AC@A>IBLC5,=4BE>8F1J;03-CFG9=95::=@9>>B:@B?>??G=:>?>DG49?HFA>?DVC;G@A64AC6*@@CJKGEA92I:9C9E@L55>*7;@@E?GKIB5F=EB59ND7DFC4A49GB>/F=C3AF??5WE=CSB?A>B?7@BBK>FH8@7;?=ADB7J=G5>4>@AC@8GI<)@AB>G=9<=>:DED?L9B><::9A@HKAJJFB>BL:EF;EFC>DGEDD=BFA:LRG:F=A>F@CDA>DGC3B*A>=B;J=9>FJFI:G>>'3?HGEE?@BCL<=IFD8F0CL=61=/1<=<4A=D>;?=59<7=99>?597>=F;9:8EC;;1C>>H?@EF;?@?CB:AGMC9H94+GB>F@=B1D9AHB83B:C;?=A'C86C<@E=C>=CD285GBD>95<=/6?4=<;2@ECAA2@?A?4<<<>JC=70?8CEE6G=9B7F@E;B6>B=CFD>7:C@@@F36@I1@<:<9C>@B;FBD=E@AH9<@=?=G:6F?:?F@BKAB@A>ABEG:<=F?@BCH?EB@=;?;>=?9E>D>CEC6;I9@;97=A:C?=8E@E;?CH?C>@D@@9G3@HA=;2=:IB3;D9?:6F214C@:B>D?:=;=A?<:G=7>=5@H=-@B;24C>;?4A>=GBEFEF;C:.BD8>/I@F690=:;;ABAE?@@BDA:4?4I:8EAD@>H@>BCCC@=EB@E;EDCC>?@<<9F671GC@FE1;D6BC;8@F9&A:=@<=D<@E9AF7A9H>CF97?E;AD<@FG9CADHJEFHE:9E0@C5C6D;BAD8C:?>?CE;FCB>CBAGBL<5<2@?EF@=F==ECBAF?6=A?@=:?>99?F=?:7B44@B55=:@=;=D:J>ED1KDGBBDC7FEH3C?F=B>:B>A;BDAHG?C?CCABGB@?3>E2B>/A9GCCCIC5EA8>2@=>?CBC8DC;BC=DE<@7:8:BCDAIA:C@;D>>8?@<=;D:?;ACFGH?D2>A>F.9=D)?19@6=>;4F@@EB@D6<9BB@F;=DA99;:;AI<9B7;FA;B?BI=8;>?BJB?7A>I=>H:ADD59>::9HD>@K9@ABDFK6H>:D;5?A68EF9BJ6?<8FCD-8=?CCC@9G3C::?;?<5@6A67>?>>F@BE?:2->3F?9>@34BB8BG7IE?A-?AL@9C>EJDH@6>>D2;@=4:I?A7:FJ<:=6@D1?9IE?@>LAK>6H=8?GCF?;7F?6FE>6HA;;9:1A98;K>5CG5@ABA5GE.5;8C<5CBE:CE>C>C;?L=*:<=<:B6G?A@C<9F@=?H@JC?B@???>B;8>:E;>:C;>G95>E32G:5DCALCABAAB?C?B=9>:?7>=:C@AAEI9FE>59;>;ADB?D:@:=DDG5B::BE?B9?@<+CDA=57=A32>8>B3376@>:6B8A@BGFAAC;A>C=?C>?<@<@9439925,;F:C=>?HC@BA?C:?BB:B:93?G:?7DE=9F?B:95C:IDN3C>C;?=@E,D<176<7D78E4<>:3?9A6>>@8F699=4A?HAB0=I8G@CA>A>=A:BF23>2=::B>>=7?A@EJ;C;<7>;4?:2:DC7D4C98>966B<=AJ<6;+;=28CD?;>E?@=8?D?2=EM::38>DB4<>A?CA<09@CC7;@;F@@DCE=A5AD9GC=E<>:C@CAE,@6=7K5A:GF0:8AEC:1;=,EACEC@@@@=>D>?E;44A;,CIC<:JC68BG?6IC@(>3?>?CA@D?:E>>J@=FL4>A5?@J@?@>EBDBLGA?6D@E@A8?EH@HB8E>@A?@<5EDE8A?ECB=7G7>76AFE8EC@:@A7C;46BD9?:@DAG0G8J@?=A>=?>/9;A<@<>E?;D9F@=7=@>6@@=B65B=<9ACC28>;(??G58*D@:<;<;C;?D4338:,<.G0589C4<;9>?:E<A?::@DB@FBDCBFAE?7=A;?=2>A>>F??DC@GJB9EBB;?67S?D<@ECG@6?=:IH,KC6H65ID;;@@H;?EJD;C<<=>7A=P7CF:@:LHG=8EB?;KC@J??HC>-DH=H?F@AFGC<<5=A88FF@<<8=AB<9AD2<=6E8C@F9=<=/F<=C<=J?FA?8=/>@>=5?8E8B@BB@@1:=-8EC6DH5ED.>3E@;2D7>><A@BB;@98>5<95BD8;0EDF=?@B=FGA:6CGI?;:;?@9:GJ2:7K>F:=0=@EA:9=ED4::6AG>AFH7=B::<7@8?CA?F-DA=9C?F>6<3=A=;H7DDG?9CK;0HI46FA?>A;22;;<9=>EB4A1@5=@B:BI?CMGF37:=?=<93=ACA>1)>==E:H=I@E96BB6C>A?DDBBG9D4:@JA3@M=>9F@:3>F;36L@D@IE?>A=A4A<@D;7EB>??C9GCAA9?;H?EEA;E1CEB>HEAG@A31A4,?>@+?@C3K.9G>@>@=B99C6C<=AJ5@4H;F?@CB-8=@9>EACF=<<9G:)6F:;G5A>@FA0>==83@A/62?>K<;C1>A0>?C9AB0F>=AFE?-;?@><>=?HB==E23=:?799D<9;E9E;A8A?BP?>CC>?=G@;?B9C:=;A4@A=7D;A:A:DG;A?.L5C;@=0@C=BI6D>8;==?B8C;CH?F9?3D:>9C;98>8@>4E>C9?B?LBF=60D@F10D8C7D:8?D=?FEB?@8BEH8BBEC>FH9;?D;GFA>B49C9:==5HA;>BAG:9@=DB<;D@@>?>:=A??=7@;<6:>=8EG7CC@@?A9G:9?>BA?=G*?>=FE<2BC<3A78=?ED@/A=G@899<,A9=?:?CB?A>CGD:?>H53;=H??67B6C@?FA>?*A=A;A>D@<<<:AC4@?18756@:<8?A@G?6A8)1A@EA.>@B>?C:6D4;@D3;+B@;FC9=A?EC8;KFCE:?AI@=H?;;>=3=@?8D=GBGBEA:78=D@61<1>6CAE?;9ACB>=@D?7?F7=8G40:D8E7A@6AB7B7?>6:=9<@@84C@G7:?A6ID7@B>=6A=A=AEA@?9G?2C=IFDB@EB@A7K?G?9B@;;>ADA/9GCEG13K5CBC=EC>7:;56=9B886=E;@?C=B@BB3F7BIE;5=8=H=4=:BCCKBAFK,BG@C8A?BC:GB@@F<:3BDF>CD@>I>B;A8DB=I6D9D<3>?=>48A@=K@B@=?:?FED;7>??9@6;B=>@@59D@;?@D:?;<:DDF7>;??:I69CC6:A;C=F9AF>;F>B@:=GC@;39A@:BH7?DG=HA&ED=>:?>DA8F@:;6<844P821?)H<<9@B3E2>81A=;L4JA@@6GZ;@==/A97<7;?@BC4G59<>:CBH>?C?B':;F>9=?7B9CC:B>96D7?=>B<=DB;B5AB47=G4>/:?AFFC5-04J6CJK5CE99=M8?AE==;B9AE9C?>=EH>9>>8??GB405;E>D=AE??4:?AEC:B9CC9:%E:7<@GHDA=BK7.99B;D9CAAAI=:C<7LB?>9E<93G;=AA@=B?>B$?BC>BEB9+G9=:C@;4:DGACJE3DG=E;5D=@>DAC81B@DA@AAC3FB909=CCDDB@@=7A=82;8?@5H?;>9BC0B;6;IDE>3;=709359<3:686:?<;:B;/A@98?DA/?EF=.9B?3;B=H>?;?DBAG;1;K=D<0EJ><@;-?FI?H>E3?@=BA?FEEA=?9@2=8FC7@C<:;?17=?@?GA4F6?=4C489>:>A>@1>E9BFC>=CD9K@8977>76B2H9C;D79F>@8D=BB=D9B5AGBAD.:;CC26BAEF;EC?AC>CD=5H:=BAI>B9DA>=A9%CDSGD<=J:@;AD>;F@?>?=;C=B:EAC?7@7:B7@A?;9<@DE3>AA@;B,=1?5)G1>C9G?24B>:89;A4@@G9>/:79=BCA@38?;CE?==AG=3JEFCC<:9AABAB>>8HBG@A9?@B:>A;:86:E9;DM=<6@=.=BGBC9?G<1BG6;=D96=:K8?=+:;@+2>:F7;@B<9AE1BB8AAAE;D9;80CB=?CHD<5F7/A9B;?2;><489P>=89C<>9=B;5=?@8:3H5C-@@DF5>?BG;5@B:D;EDACCB4H;E>2<9GCAFC3A@J7A79C7B8C;E8>B?>7CDEF<<7>B;1EF>@E?BDH=0>;NAD=CDBB6:>@7H2<2;I9JA=A?A=BC30<8I8;BC?;38FDAE;E?CA=HD0EC9FHA7F34<>B>=C;9C:B=E??>9E<@GAC9CAFC@943B?8C2@BF4?:?:3<=4BFBA185ED?D/.GDA3=@DE>C:@>D@=::@?8@8C7EF6EF>?DIFJHUF@=5B=>?8H?@AB>9BA74>@?F7=B>D@?:@G@C@@8C5>AB3=:DI.;8E9:A@?5;;LCDA=;6<;ADEB9A/C:=;@C15=@J<0=?9C5:6?B6>=9D@D;AGI?CC;C7>@/BB+AFFE:DBH>3;E6G8B<=D9:AA89>>7F@C>NA53?:AD@54=6B@A>:?4=C:KC4=AD;EEF93>58E4=:=9GAD;E>>)>EA4>4@=D,6=;BF0@;4@>7?7FABCE2J9CK>CD6>>@:/B@CC?9D?OBN>=AC?BABDB>@DG9@@C4:<:6G??C<;5;)?D9?@0F+A>D@BH>@D>CK<<>?1@71;AGC@?0D=7FF->D>:@A6:2:<:<<<)32H;B8=;4B?8AA697:<9?7??4>@>?<=:A;+F1==A=@=>ACAAE@?B?EA;?CE==??@CD3@-;>6>;@=G9A?A962;BA7H@?K8@G???=>=>H?@7<=:=;AD=7<@@A3DDBD@9>C;==;>;@B9ED>:@DE6.?=C3&:;A7@5??:@BHD?;<:=?E><>G898@AG17CABIFEA37B?>5ED@=E9C?6;057A?N;;BBEA>?6<@E7AC>?8ABG6E=>7CBFC4D>BCB6>C@=<7C>:?>?:?@DBB8:EB?9E=<@ADMAB@DF::3ABF=?B?@=GH;@?FDAHB@>BB@D@D89EC:?D=5JB@BE7;CB?==;CA@;=5@;I@A8DA>CDB>C:=17A:D@B7<@CAA?BDBEH7?I6@ABO?9<1@EEB?78K<=7;96CE?BFH8D?1?A@9;@212@@?@5;>@)CDE?@B@>?;?I7999;5@6A:G>426=@@::CA=>@>C<.?CB5DGA?A==?3@D7B3CC@;:BI8=CC@;?E>C:8D7@==@64ECCB=E8@F=8BA?>=,?FC;F;D677E><@?C;;G<7AC5K9=<>6<97>.8ED>H?AFD@=D3:6A<=EE@HE<2;BG69AF@H=?;G9A98';;7@6GGF9EE@E.FE8CA7G?FE=@:>E=CEIG8<;:532D=G?CBGG:C25G=O@>;0=?47:A42B952@G>AGB8C2@A0G65G4/97>8@A=H:;=D3FB=B:<@@AEC7=>GA:FC=C92CEA>;;>;NO;@B<>KHDDA?CB@J16R99;K5?:D=@=>98=56E70ECEK8PCGA>F;D:65C@==B8A38B;C0AF@@9B7=GL=@.D<=@3;+F:FB8A8D<6>F<::G;>G>F;<5?<95:D1FCF7AC?FC>>H>ABB>C=AC?4H>@?:=H/C9CB2IH:><;DAD@GIKK8=?8HHB2B>AE5GBNAGC@9@DAAF2GC@D?D9>=@2L6:>>?>HB@AEDCBB0?7CHF=KA>C+FF@CM=>FEGG@6=7>::K.A<;EAA4B=H=:K5CL2.8L9>A:D2A@@6B@LBHBG;?+GG<@@A5;G<:J4=>H;C:@G3;1HG)D7?8>6/<2P-?F<>;9:?44C@C;??GBCDEC6;KB@BD8.7F3F2/?B=@:+;EF75/?I=ADC.;GB=2=<9C:A@'26@B=8?7O><<=>@A;??78A9=?DA;FBB??B8@B/<>27<9>D3AD5HCAAGE>=C@=8GA.>B<6?E;:A=9;7I'=0<>?@F94A9=>C:5@D8DC899?C6;2>@<E=ED?9@8B19>+A:?CEE8>DA2@;AB7BD?>?<::9D?A0GABC@=G=CB><=B9?DA@7@1B?D<2;EJ;F?AI8EB=;@/;;K7:<7B7E9@;I@8B>J<:BE)D4?@:>>6@>:;80C6=?87>:FFG:3C@A@CC?<>:C<<;@J&E>?ID@@:GC>F7=AAADE?:DF3F>4G;99>EDC>=DD@>41@<8C>=E;>A>=E@JD>=HGB@AE@;:@59H@436D,=F@B77J@FHF?=59B<<@>AK;E>B:E?,?DA?,415:;-=1?@6B=?:9=B5B-7B47GID=C<;8'B==69B?F<94EB?50@;B8@+5??B@HC/KB=I<=BH@@;1AB:9-AIC=/@@8@.4:6MA*?@+5B4F<6?@D:?I?A??9AEA7<5@;??D6?>=?77H2IB;9;:D?D89E:E8D>86:DB2E3C.JHBG@B8A2A>:>3;F?9IED>8/=?BCFA;@4=DFOE7CGH848AB5KA3;FDED5DO7EC69?;G9A>8<=ABGH>:BC>=DDB@::B??E79A;CF@CA:PD9<<2A?;>D7-B<17;7@:9?GJI60966?;8?E>C?7;>9;AFE6@?1?6GFEA9=>?=C:B9=3?>;=D@?7CG>GA>FBCD@B9HC?8CDED1JFD>AB>MF@J:BE;@FDAL?6;B@C92?8?B@>C@2;:?@A.BF@L>EEAAD>C?;=D0AC<7H>:B>>@CD@>A>=4@A;>27DD:/9@B<(@@>?<9<95B7/C@8CBHGA@DB;7GEI:?'D?CB?C:E?1=C>?,==?@<6><6;=6=@62:@C@E?753C3>?=B:<14.F949BB69>@@+D?A8?;C?0CA:.>>;B+1?6B?>2><@E=?*;:A=IA?7<2>:CI7?7:BE@9@B?A8AD:2B6E@1H=H?5K?KE>A6HD?9H/B7@F>:@8B4?698B8CC8C49<@==>0B=7@3=BH?*>?9B:@B@6FNCC>5<>B=?94E<@A=?BI>DG=GEEEGA:C?=??6HBBM>CAA@BD@4BA?1;>@BG=?N?;4@4?>=B;EH7AE>DDEH@CI77<@D98>=9BBIECDC97;7=C@ACF8B<8RDA=?ADI;?1>=AGCC;>ADB;=;?9>AC>EB9=@:K?F@I.=?G@BC7J89A;=9B?AC@B9?BIGCABAD=CBD<<:AA,?9AB>A8?7:B@?>;A<==AD54=JGFE@ECJ=C>8;?/<@E??C9?D<=@6DE?8?BE?-D.EDAI2=C?DA7:>ACEB78BA5>>;HAO/=;G=19B2;ADHF60A5;;;?D3A)@=:F0AAA;A>=3A34@H2FE5>C<9;B?@25E?D>3B<@==?548(=:@D89=978<6;:>=?:9@7>9<7@:3G-A@?89;5<7@>?9>=,8G3<;.87A?AD;?2;?>4:>88:?3@G7?A@5?<9;5@B:5:H:9>?@42;=+?A77I?7CI0BE:?@CAHDBCAG?HE7092*C<>69A?D?=KF=FDF>BOC9=;4FD@<3FAH=>@A?9C>@?==@CA=C8B5FG=DEBCIDGE?A95E::9B8@AB?;?:EB6?A<8D8EALD9A?8AECBE5;H9?CGFA8@@F;4E=<>:82@A10?<6FIDDC?6@:A7@@>;AI4DEC@+:?C?8FC<6=C?DA@9:<:?:?=@B?3=;>:7?A?@:BKBAD=>=FH?96=0FDL>62A9G>=DG?>?CPDDA?HC;B@9@7>@E@D=?C;<0BDCE@7=GA=E9BA@EHGAN=G>/CK7C;?E;8K@=C8AA5C@AFE@J@8F<@:H==?=85B>6G:G?HE,D6>>>:4GB<C=>@BB;C?;BJ6>=D>4:C?379A9IC6887>B047B>>AEC0F?B5BAD=CB?AC<=C4CBF9@?<:H4IC=?AC=>F3FF/6AD=9OC=H@>>FAD@E@:0DC=ED<>=C?=?E<19<.@ACEJ6@>>=?@,GCG;38<B@A8?>BC=0A8D;>@E@5??=2A@2;.5C5>:+C@??D;@;*6:>7B@@@<:G@9>?9BA=-DG?9J@B:>69B=922BD:F;0@IGAAFDA?>?@:EBB=DEB=B2@FE:@CI8ED87ECA>F?M8H>CA>5;BDHC>3FDB???:DDDDE:>CB9EA4G?8FB??G=>6EDGF;@GHCD8:>BI?EAB4=AMAG;A9DAAG@9FE6KEGBC;D9BC9?;<@CDAC9?=@B?@D@>;ECF9F@85HAA>=CH;@?=?@BEE=:@CEFIFBAGF78DA<<<1CGG;986BC;FCDD<7?9=E>C>?FI6=A@3?7A7AB?85?>@8>GB=F:E408DFE@D>A;:;7B=1<3CABE8F<:1C5;D=G:C/A;,17E<:J:41B=.E?1A;26C8F=IJ9:?;E98E4<79B0<C74>:;@:B4@7E4C?@266DD?A>A?=<7D6:?C=6==C>7?EB?8BD=C1G=>??87CC875<6(4A9,8@9G4*:;AA>8=@4=9D22=45FCA?@>7>@9C<.6@@D<;4?:H?DCHA?CD8FJG<7J9@>7;8BEEG;A?K>=B?B7;09BG>C9@AD@B@E6B=A>?FC8C:@=CF987ADC;D9IA=@B7?;BD@;?.:@1KGD?B==;@9LODDL8GDG;D9HFKA-EDE@B8E<989;<9FHI6@8>IJG@D><855DD<99GC9GI5E6BB@N?G<=>5C06@D=?3B:@DH?@DG/@A?B@FGC:@AE8@9?C3BM>@EGF9@EF=B>D//;5F5EAB0@J??I<>DK8FDA79D;:G?:@5=D<@HDH@EE>DM6E>>,K>4;3B>G=;7AG9DIG?E?E>>=DHIB>A>A8>-DB6DESC8?=;=D?:@=LA7<;>2I;D/6F>ID>H65FEE05FC3K?EFJ=I6BG5D>E>4A2F9@4DD24A;D>@DG9@P;67/>:;D>GID5@2H>>J@BC5H@>7AA8J26=C(<@F>CF/A89AG79G@>E4=;C>2DBD0>E4B==EGCB>D@;7AE==?37AA:8?EAEBAC8FG6:7<=8@9H7EE*;ID@1FK@F:9C8CD>@7A<@B=5?E?6I9@4B8BCG7;9;D0?=H=K<:6>=95@;C5>C1?,G><=41;;C7A63>>?B<:<9>0?;?C<=5;@>6B5D<5:D=;/1EF8@)K:?@<;>D/3A=IJB5=@R+98?EC>E<:?@?=@<7@:?3<@@CGA>FG<;J@@D:EE99F=CA;DE:@FE>?D?>:C=37;A?AF.H9CA=7;?I>B7@9FD6F@9;D=:L6@5><6HBA=,;CF1D66MEBE>;F@9:?BB>>;?F<8@CBF6=3=<:?;E<;D=AC>BA:@AC7E8FOA:B3:>B:?B@;=FE6BC;?>4AA7?4;>6*E3D:@9;B<9@/CEAA>7/>@9;D<7:=JC56;;=@:C/)>@-A;?BC@:B:A9?DA:FE>;=?=1;;=E>44??39AH;:;;AA=8B@7H:@8>;5A=AB6A4@ECB?6>?AC<@;=4=HHCBJ>BE2CD;ADB?>:F7E>5D@E<3G>A:=5GG(C8F@4K7;?BB?K:=8/E=?ICAAE<;G?=.>E<F@>=<=9D.79@;I@DCI2C8-815F>=:C>IB8@;?+;A@HG==9@B9:>C6=344=AFF?B=@=2@J=3AD:?/BA@:D>F;1=@C7C:B2@M;>DEDBA@.A?ACDGB=@?G>C@A=>?;:F;@:@>=A5M1D3B;??EAE=?IGB:?D84FBE@B:;:A?EHECD=:=>2<7;9A=>:@C85;KIC5@@8-FK@BB>F$8FH>;C;?19=GCCFGDAEB?HC8C>GFG@9LDFE5FCG?HFGF;47D1H>C-H>A:K@D65>6@=EIBECE1AA=CO>B@B=+4@ADD@4B>D@>?ADB=C@=?)17?EBDL>@CAF=87DIE8ICA>:E6BND?@>BG@A>@EC4IL>?ADC;B:BEGH>:@:=6CDK:6BDHD@IB@AB6P=F5?A?=?+;BC@@2=>CD>;@;CCF*=>D9=9B?D@@G>;C>76;JJ80CHCE@==558=<=7HCBG=D;B18A8;@>8>GB;-?D@2@=?@@BM?IF::=C=ECHCB5AF@B>9AB7@G9H?;B2AC;8>EFA;H;A0@C=I>=G>=F<8HB:5<:?@B>6:D=B=6@=E@8?GA@@FD1<>BC1/8G?@AGG@DDLD<2?B5<7/?EDC?7ADG=A95@2<7=:6CD@:BE;C@A7A?F;EB=;E:C8AC6@?A6HEGED@>?G5<1C>=A?E<>B;A:8@967F>=A:9C9CEEAAABC??FBDB99DD;=C=E@D:@:BA=AI8610DCA8<8:4>BF@A=@BAAA?F?C>BFAC9FB>><8?=9>?9H=9@GEGN9D?AE>>BJB9?>A9HCB@B:A6@=49DBI99;>DB=AFH@H7FC@>GDB5N:=B?A;E:E>FG9BKAA8B7@@9*A68E<>@B@744::B5;:@;I9>43?09A?:9C:BA>9ECE;779:F2@JAD;08>E?A=B:7=D76=>B?DCGAG9;:>>?4>7BA9A;7A;A??C6>>:C7FA1><8C4E;F=6<;C>>=E4H9H;A;A@C==9AA:CF9BA7FC>BD5D=?FB7JD=DH8KE@C@?7;@8>:3=<7J:;?B8B?GJIF/4;C8B7BA>CCH;BB>F>>?@;<.<;@AC?D>0@=D;<+LD:=5DB;H7E559A=0=AD2>CAF?/9EEH@HC.:9?=G73@<<=5D?G8C=G94B5H,28<9>8CI7?5D@4K?69C26BA=>AD39@BHG=8EDCB?I@;8?7GE4D>C:C:::=>O=29=9,?:?:/<:?8@;=KF3>I3?3FB4H8@B8JB?D5EI.8>>BJJEDCP@5DOBCJ=BHN>@78=F:5A0=CF>C04??E>5A:E@EC9955>9B6KDE:A6?9BJ3BH;D$2DD>=>AC5>@D:A5>BU:FG<5GDCAG9A>G=;G>D==:D6C:E@>=A=<<5C=OG;=F0@/AD9CBD>EAHC@>D@D:;@@>@;8?<>?DBFAG;?F/EK=BCDBGE;A?@1?<=B%HE@A2CBG?>>>>AC@FA@J@47:D>E/A;A?5=<;?CAA@A>;.?3?39D96GD;?FE>A@7>A@@A@FCC8<;29==?=87G=BAGAC6D?BA;8A798?B1CD=CBC4GF?6?HE?E>C7BE<2>B>GE:>C8E8;@C<5?G43Q;CDD7C@*2B>:99:BAF9FAK>E<@AF;?I8>M92>>C.B:=4K5324:=H@D77GD;B>>2FC;AA?@FB>A?F1F?9=@>6@F=>-@C8>@?;F/A==/=5A=@6B8:=>A>B@52G@@5;3;AAE7=3/:@A:??=47;8GD=7?=3A>C=FA7@E@9:==8DIECA>>3=J993;=K<9>K??>?1=B?B7AAAD:?9>3;8ACE=BEB@=BB96(J?FB><>7C@C7A?DA<6>4.E:;EDC=@;<>F7???D?B@;6@;<;=;@<=FB>B@BB;DH@:CDC>BED=E::C=6D?C>>CG;8AGI:@A;EL>=DBB9?E1F@D=FBDA5CE>?E742EE2BA>@;>>I4EB;:B8?B=>7IC?C7EA6E8?>6:F?G7A<2@F6D>=F>C:>;B<@66<>=BCA7BD:>:F40@:C<<><@;>7D;7>6D6FG>>>L7DC;:59AA?CD:;??8?>-=5F@<;6?<9@:@I88FA*B17B=AEB8>A67E1:98;:-@D;5>=:0BE;B77D0@B:@DF@F>5CC?<9?8G:E=9@:68=8C<;9?=:F78<>>F;>0C=D8-3?68:<=:=B?C7A;76E?;5E;=6@?6;C4CA:>E:C@?;<>C89D3FHF>@I<5DF@@5=I1C?H>=:G8:B@DG97F9CBC:>;DFG3I@>>:>FF=F;<<>D?F0AAC?C@B:;=D=?DL2B>DBG798;:>>958:8:A=@F@BABB;9A?D8E898@3FB:/B@57AA>J;@8>?@=-3=@B?DH@H=0?A?;>BA7K?BCBAAG>@EI45:=83@:@<4B:?B>7NJ;25HB9A5E?);AHE8<==CA@:2@<C=;GCE;=?R0?=9==?C,1:C5=8:9ADC@:=;FF9CG>CDGCD<>BB=BJH7.JF?;>>BA>CB;GEG?@JN@H8BAFD@A?@CE6L?8D>DHAEA@1@;A5D?E9>E9;@8:6>A7G@1?>B;IEB?;IIFCEBQCBFB@GE=;545>A<88AE9:C?DFB>>EGGF>:4>>:?9C?8??;1<>AJ?A6?DAA6DE>A3:C:1:H?B87>=AA>:A19CA@@?H6=C;F?ABB0C58?=BCAB?1B@F6=A5A3EH>A<5LM;<@2=@B=C?C:??8E??;@D@D7?E+5CA-;:@=ABCCA/@8?DCA7AAHD@?5>5GACKBB9<5F6;>@?:>;2>8:CA:>EE<>8E2F:HKH=@DF6A3=B@GG5>>=GDA9DA:EFA/AB4CAH@=;'GCE8B?@??9+-6;@;JA?L7C28D5F>?>H>)=;?J)4C?9C><=B<<>BK:7J1G0=B?G.F69@F@49;0AEFD<@;GB@A@:3G9B?E=BE=B@BB:@8B==F??CD==ACE3LC??><>G?;C7FDE7:C9@6BBGJ5=5IFEA6DF@FBBCFBBAGE@=I7E@B=9C:E/K;?AB>9;8=@=??=1@I-;=?CFB:D;D:I1==C?>::@;?B>=?F?:9G8??:D?7@5=?GA=>C8EF=G>AE2@A?;B<:F8=6D@6D(=6?EA=9B6>9>6>@GB4>B7:B5@;G:>8ACD89>G?><8?>A=C<48F7:C:B:@<>@?:7=ABF995;DAJ><:B6:=:D1?*9A?A3<=;=A/?5=9?>F4AB@E>3E>;C>=?<:@H=5B.'9>APE7><>@?5B0B2=<<7:9D1A?C?DBCA=7GE7AF:>F=EB=>K7967;>?6<>BF=AD<-CIE@BHGDD7HH>7;B-?EE;G<@1?E?9A1HF<9;@B50B??CGABD??@?6H88?B9@BE9EBJ>KH;GD@57@=E8B0EC73>>=@;<71A561B=<8?@53@:=:>9=:I7B=>@C?@E7A8BBMA=<;58DB72><@:BA379C5A6>@K@E6B@:;?9?=9>@:;>1FI6C8D@A@B>A>=18@>A78=8MD?BCBC=>@C7DFHD>?38DBJ=@?E<53>B=H==<=IDB;CB=:J9<;B@FDND=@?@C=I@EFADECIDI7H>0@C:F>H>8?EMPKGI:DCBDCGB@C;:B<=EB3?=79IF>F=O>CBBA:=;EE:G@2>C:CHA6/BCFE=2;:@M>97?,CC1><;?5:A>DD8>HE>@FAF??G?AEG>,?A=?>8:??E7CDACCC8=:AA76A@6:;>N@9AAB;=FA?D@@<2:<9:97D>>?CD92@ECD@D@H?>8AB??ACH<<;3F>:<:C9=??@@:>D;;B84<3-;@A@B39HE@<6FDG4@=AF8?9@:E4=J?=AAD=9=;1J/>>BD;C5AJC9C?9HI@=>>9<85BCD?==MCCF9A<0>6@B/<;7B;A=6B;;C8BMA>95C<2-@EE:C9F7A;;@9@=@GD98D6C??@?:?C8?@BBE@A@@BE;<0@=>>;D>A>?=?E8H=EFH=CC@=>G@?@BJ@EJ;6F>8EBAHBEEIAA<7FAKBC@NA=DG8@8D>BDAE@CO;DBD?G=AJ3I=DBEFABD?@=@7EG=>EHE>@?F9IF7@9>:?E@<>5E=@9E@@A9;>D?C?FC>@AA?6;1A=G@D9E@<>L>?I@=D3A<@@959B=<6=ICK;I:<:>7@HE973>EK?F=;;49G@E-=FCA@:FLA>D5??CC>A>E<9B8=@8<>B>==6F:9:C979;4@886D;<@8>3AGA=57?G;>B:7:<=1?FFAH;H;>=?8@?==2BDC=CB5?C:D?B/4?><=D==DG:;H=4;=>7@;>C=9A><=@?>@76O?;E2;@?>E9<<>=38?4:55E>A;*;0;<.,1C7G:=5@?D4;B;A6B::94<9@7B?<<7<:4B??7=FM47A?>39@;HAB*?38D;B@?D<>?=;7E9E@E=@AA?>D??F2J-??BD=B0?@EHF0>ABAG:J@DC7>BF?BB?:3>.6>7A=>0=?;@B1C=5/@F@0?:;9;=8=F@4I?8BE=@>@0;A=<:B:;7B?8?C@AA9+7I4@B5A8;A;79@F=65G42C5EC.15=>CCDAGA;>8G;7F1AA@?:4:>9=9?B;(H)@=D>B;>C86<B5D=AB?5>56>8?@8DBF)778A8?4;?7GB0G:>:G=:(4?B6GBAD;@7H;DK1A8FC=EI@8@C=A=B65AAGF@:9=K;;GD@8;A=69B?HNB@GCBE=GBLE>FD:<1=H:DDD;HC747;BE@AB@L>=?=;7;A<288HBB?B;?=6-?;:;EC8A5=FA8=?4AG<9AC@8B@BI7@D>A3BEEFC@HC.C=F>47:>8DC?5D974A8D64?FB=?A@>DG?=@CAC=I>:56;@CC?C2:C=:+:>?94@EC7ABBDJJ/<=<8E5G7:H9:=A)H8>E6:A9@:>??A79?D86E?7EBH@823A>1EA>;M@DC>>?B4<4E96@;<@E4=@=CC@BC=@5D:B55C;<>H><=@EEEECC@D=B<4KH;=@2;?8B=9A8/<7FGA=698E><>99B@7>AD@K<@86A:48?FB??:B3IH,=@?;B;I+BDA>>FD?:96C@3IB@=D9FFDD;JC<7CA?70F?A@CE@;B?1AAF<@G>FC>@O::>5>>@DEDDH9>G944@9ADAE6@6>EAD;C3?E353D=BD9BB>B=A>@D:AAF?FBAC5A@D?FC;G88=?A99E;IC>8AG?E@D4>EDG@F@;??DEB4C5?A@D>C=4D,>5,<:8D>;=>=881B:87/<>?E=>95D@?E<:B68???4?7<6=>=9E9B87BB@8B9A=416>@B3=E?AHDJ,E<;H?::H@:9>E6B;=3G;DF?D3=???GDK===EEF8F9>;;;?G@??F;A@:B>9@@A<@AA:C<:C@@9EE4=FBA08E@<72C;4C;DA2E>;7?>?CCAEB69F:>3@:16;B;<=>96<=AJ9F::=?6:B@CAA:=9DDC99>8LBH8GA>C33>GE6>AGD5GB52;9;@C3<DAAC@HD7E?BI87>C9B5>D84AFE>I6C?>ADC;-.=/OD<;BA?1@?A5FO?B3>DB2476<493BC7@795;=;DGA<62;=AH1GB;;2A654>;C@EF;=KMEG8:;7<;?I0I;<@8;5@9>45=9>;<80E9D767A@2>:=@.=;JG8HHA@C4?AE9>?D:9@5=ED4@;8?=0(?@98@5==B;2C43??GA8EF192DDFDA9-D@181;76:8I:@=G?57297AIAE@B;C68SAG@@>=F>DBG8AB?H@BFA92@BEH8C?B:?G9J@AAF9?@9?E>78GCAC@B=CB7?=D=5BG6::?2=HF<=CNDHA>GEE59F3@FG??>:<>>8@=:B?9A<9AA#@>;7C>=@;G8D:CAH?>=BLF94A;:FBH:??A;;;@<=@FC<2K9D?>@>C@ICDN8C@A?A4DA>6@E/CKI>CD?8B8B<99=9@CE;5<<7529<=;EFB=88KAI7E43=>85=9<3@??E<>?9D9EEB@F?:1/>:A:<1;>=>=B<CDCHEK?:;DC839D!@8AC:L>??00J?@AB<3?7?E4@9D=@?=;@C@@L>,>=:CD3@@CA7<:J=?FB?E=@D=HA:8:<9@2A=:2?@:9@=>8A=>E?J33B>;CEEB5<9:>;C>@;AB8@?E6=;@A?E>3:DGA4/67AECGADD99?.8CEA9;FF4;>@>A?J@7A==F9E<4A>:5=@5)8B3A91B?2@GJ=@DB9<7;0F?F=:C8FC<7C/<=FHCE@D<:E>CE9/@;ABB?DA>8>99AB=580@AE=>>?9F@6=9I>A8<<C?==@=@=FC=E;???3E@B2=??C58D7=CE@HFFI*C=9;@;?,I;8AB:A:=?L4D<<=6BH:>428B:?>@@<6>:=?>1:9<=@BA5=6AFED?9D>8H8?:CC>CE;A:B=?B8E@5HC<@3>9CFE5?>3D@D?>64HE9@:34?;B:@A@5=?668>AE>D=DB?7;?:5=6>1/B><;77(::E@2@@6-@EE<=7:6=7;A7:4,7D>;/=BA@<2F>>0:A<56.HECACE@E=8?:7A>IDL?6=>EG;CKFAC?A@G>>B>>G@CF:A41@<2=5I15B5A4;?E=FBFG??B?A:8DC974L<@B4@E9:J'?BA?A>DH6J==C3C26C@=5A3DA=@@DA<09?6=AF<7<7>2;;;0FDA=@A6ABCB
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i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m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`=C;<=F?DD8@I=@=>>A?HVEGGDDABB75D;CB96AFH48ECD>DD:>A>E?ED=C@3G?CBJ>;AA?AE>=AAEEBEEBCK?=>9J9:?:DAC<8JDE3A5F1:;:GFG=78;=J@D>B>8CB8EC-?=A?G:>G@@96;H:?5C;CEC047B1>;>>?7B2@>5D??D@GA<:;DBB:EB5=D:4?>B@A<8@9:B=:5<2@BA@BG9?@C@@9;C>4I>>=?53:@>B==A2BB?@<7CB@<>?;A>AH;;EEC@BG>:;?B=>C?:;45DH@C7@4C;A;AI;DC69H=@ADD5>4LF27BE7>@>8;2?C?@=F6??6@FA2;:;A;?A;C9B<;AD6?6G@-C==AD<>;92=B0B<9C>H<@A;863;;6>C:C>?D4>AF<>AHCAG=FF?@D+;>EB@E56=BC=BA==DA6BE7C?ID?>@EE8>8C<;&D29CD;CBBAACK==>B1=D3C8?>=?>=D9:0@?99BFA@93@B?C7?9=9B:=C7A8<5=H9>.EHGE@4<:7DC@:9><>@AD>A=:A:C0F:=;4FABD:/2C<:<;;BEE6>;BD4C99?DB:=E8H<:;A8E0@?A4E?>4?.<=A?<5B7?=7AJ?9488C>9B?ABA6=AAEA:<4;?FD:A45=;:D;><:@=@?>:AC;:29A?E=;@?F>:;EC28D;FAG>D8<=;9>A@:497>;?F?I?F:C<;?=@?B2>@7<8=HBD84F>@H@1944)DA?:F=A<39=AC@CB4CBGD;BA8E?@6>>ECF@A:=@=A<0AA8=A=?46:=C38?7=+7@7>AAE=G@:@E37:@49F=>84?=H;?.=76B@B'69II=E9-3B;6>KA?=9;>BJ8-KCAC:@C?A5A8A>D?878AG3ED@8>>;;7=?4C483;=A??>FBD6BA;?@C>F<@F8DF@5A>>67=7BBC:,EDIJ98CD>A8ED8:DDC?<=5>DE79A8J8B?B9>7>7;:?J7:G9=D>8D:@;DF6.G@ACEB?D@@>:C=;:;97HD>=@=D@@6D?:22?=D8BLB<>HAF3C7ABB9G?>F;=?>C@@/>9FS>4FCEF+GE:9>9=@G;B:(@C9=?A<:P4BI>?A39;;:=C?DA:EA>>2@=;@GB>A8?HQBD4G?EE94C=8AA4+4?8E4HG;>IBA?>>6L6>D5391?@A?<2?:A>B>894?BD<7>?<;AA@B8A><@F5C/HAAA>>BA=>A8?>8?C9C=B-8B/388AAO?G9;<=E9@42:<6=>?A8C??6?>+<@?<@D<87<;@;=7?B87AA@FB;B7?A;=85D=E7C<9D?8B98B>=GD-E@.;=5A;=H/?>@:>;>@.G1:A;@;=E;D0;G>J=;H2>AB>?:<>==9E78BFA>JB@:E=F8;D5>4;1=;;/9>C9E@GCAC;D?<%I9BAA;*>6:?C;>=>@C;<>>><4:I-A9AD@GF>6?=7@A3B58B7>C=BH>98486A98B0A@:>=7G>?AB4DC=B@=D3@?HE:C?=@9E?@A@?6=B?BD;@C=GBF?>?F><7C4B8=A88CA<=2?CC:;E6B>G>>@?D=4:9CBEFB6>7@;;@B?@F@3B@@B:?@2DB?;;G37C=.G<<@B>E@C=9A9=BEE@C=?B=?:?9AE5:@:=E9C?>:81?924A>@<75E+=>==B@A9>9CD?CE?BB=?;;4BI@A8A:?;6@=ABB=C@>?I7I:=C;C;A@99A9C=E;46@EBC=?=:7;9@?=8<==6??C5F52D2@@98?E?EB?9;EA>=96<@I;FDF?F@;6>:E=C:?CF7@AB?=::>2?=7@B28A5CKCE>:78=/CIF8EG?E7FBBE@:DAJ:H?L7;E?:B@@>0CEAE;BC@;ACA.?AB;C4<1>I1/C?==>4@C:===H==5<:::M;<@:;;:@B@=C3F=;D?65;.J?A;989>CJ?=-B73@F=9B>FB9C<.;DIGB:A1CDFJ;BA?9;D/?;9BAB9?A;=AA?:0A2@BA>FD=>A>?3=8;B>8<@K>96:9N>B;?;@?FE:?;AA;G>:@@9??E=;8DB=FF<8A9>3B::79>>55=6?;62?:;B5CB:=4D5?ADA5@B>DC:AB8B==KG@;68A8=FAE=,B>A8>7;B.3G8AA>?>>EFCA==2=9C78=6HA;MD7G8KB:=:>A=;@>E=;997DCM6B9=8@+?>>B7AOE=?D=>:>>CIE;F=:/A8<>7??6ABDADD8GE@F?CC<@GFD9B@>HGE6>8?BCE?@<==B?B@D;9D<88@>A;BEEBK?9B178E@A>4B=:>?:H?@AE/>AD;IADB=D;?@>@E@;=BA2:>A4EDA>=@@>B1;>>IMDBF:4BB;AB=6I@,84?@EEC6>0AE@:E>F>?:<<;=C?2=7??F=?6<@@9=;I:A6?:061?A@5?=B?92B(?=@2:@BDA5:<>?;5;=A:?C<6;=3B<.6F54B:BA81E0:4=?A?E;B6@:CB5A?D>@B@>B:@/>?=28?=<8H:A:>GEA97B?<@@-:=G;HC7D>4<8H?>>9@<@,?96DHC<<><8>@@>;=ID;=:B5L>=>8848;A9G9@F>D=A;<@=7D.;D;>9/395C>@=LCB8?;=E@CBAD87<<:>AA4:7?>5;A.:A??6C==@>A5:7,3:=9<1F;BB=3>D@=@43?B=6.==C:@;A?AF<8=?A?<:?C@FH<6==?AD>FACEAJ=FEAGC?B?;F6D28;>HC?6=1F?/A4:7@H3BA+CBE5H:5AA=AB7@:F8B=C37/?9<@9@.A=;;:@@F:@;<7:>7=C7;@;>8:=E-C1>5<<5>C8:B1A:7;BG=>A?C<=;=5C;>=@>=@?1>4?69A:98?>)=9>5:A>????:ACAEDE@@CDD=;9CBG>BD9@EBG4>97>ABD9@;<27E=9<:A3;B>D:?<7;=A?<>C??7CA<;9C??>B@?=B?=?:B;HG5.;/7G<<@<<<=H>>A?>1A0B4BDC?BD>9C&9A>@G?D7NABGF5=88D?D>9GD;A@??:?>@>?/>=<@>9B@'@B5>?9E<8=FB<=E=96D;>-CB;;A:6E:G<:E@:?=@6;A84A>7=>FA5AA@=B>B,5>1>><9.B?<@849>?@45B09?6@36D0959B:FCA<;B:HC@59H;ABB?;?:=@=B<>757=B54@;<;;7F43A0D?D>>CFFB?;J4B;CBE<<>6?5B>D?G2E;6A9@C6@EBC:6?BG@9@6AB=2>>=99>E?F6<;B;7:4HED;CA44DF9BD:;@F>FB?:?H5:@A:8-F;>F154A@C1DA;BDBBB;G>J;0>=91?8;6E=A/CA@AAH/HCJ;@CH1BC;G/ABECA?<5B8=A::?GIC;;F;=/4G?E??IA7=E@F;;>GB@B=J4?B:F1B=B=)B=D=B7F:?DBCH>?>@F+F;7@:9>@6?AHA;?=>D5A69ABCICE?I=5:@<>?=4=BAF?I@E?DB@FCBA@F<=>AA:D@D>?;>@>EB>@>?C<@AAC>A@?@C@DG8B9@<74C=;BHF6A?3A?6D@/8<8ARAA69>AA@?@E><=DA?=B=D=CA9<;6FB>BA?C=9;D4>;C=>CG;:BBC?8C@=F2:@86;:F=96F;@>4?:B;>5B::=:G@BAA8?E1;>C1>A;G;@C?AA/89>9AE=GD?>B;H@CA:?F@?:9DACDE47;A76F;A>A=:9DGDAA?AC:A9?>:?@6A1A8/;B<@E=D4?:5<8:@>>?>DB3@>.C.:5EC:89>:>=A<-BD;=>CBI8A;?C;C<-:=:5>88:6?-:=?C-72>38@?<;;=D?4?IE74;85A2B;BD=GA"?14;A88/@;88<=@AE>;A?A?@@C?9H::GDA6B86>F5@=?BE>>E=J>9BD>D?7A?>=?C7:=:=D=:=4;;A0=<3B9<=:B=;>=6BCCA@89D0=<;C7F;DD;5>=;A<54?96G=,>E;=:/:>G;=9G?;>7;6C2A<=42=7@?;:7?@@>;6F>>DBD>@>9D=;J>DCA@*9>?>B=E6=?3@42G=>;DAA>8A<;9;9;;C@A9??F=A=;B>A>9=.A=AB56>AG5AH7DB:5I=BB>A=CE;2BCC7<><==@DKBH68@CD>:?8DBA2;A@<@=D<@E6>=DEJ9A>E8:=?;=G76BB<846=FD8@2D?8C/?>=+C@>=;:1/===G>2?5=6A@E?E>CA,+F8L;8CBG3@=A<@@<9A?@<97BA2A@>$DC895AIDB879BA74A;9@:>9=4>==A;8C@>@?G?B@=C>8G1C=F2C?=BDCBD?@>I6?@BF7=F7E:=?CA=DCHBA6@;7?@:C;NFC==4GI@9=E8;GMFM>7C@=>=@>5C5B?DA:2>D55C?@F6BFHPH?;9;2EA=@5A>6G5BD?>GDIECCBE??:@>1BC=77CEEJ?C>D?4A@;@17F8D@D85@E@>FAEEA;6?N?>=EE@>BE:3BAB:@<7DH><;D;H@B?:3>=ABB9A>?G=A:C>85A>>>==9DBDAH;@?5@E@@F5>@F:IDAD@AF;?GGEB=>;AA>B3;D=85I?;:@C8?DI<<@D7;DEDC+=CC75EHAI9>885:>AB=6G?GBAE17;7AIC@=7?:;B?F9/9>E9AABA53GI=2>:AB>A7?AA?B?93?>>6C9:=C6>E:>>>;>84<9;>@>?<<>A;3=:7ACEA5?A89>@A2?>EK1@@D<8B47E?6?FA?@A:>C?E<@BE@7.=@9<7@E@<:B697B:2HF;>><<@:F9AD>C94C6C>@;;==G7B1::D;B;?E:9CG/7;F?CEF9@J98=;?C:E=>6=@87>D;DE@;<;.=A7D3>6>>)<8::@J?:;7<<5@K/:16?;C:@G97B?B>==D:CEAD=;BAE:AI;D:BA;G=AL>:<<@;G>7B?F>>@6>AA0>:==EA9B7/7;BC?CBD:=77:CD2FA/9BO@:C;?4AB=CEC676=CA=>89;@?DB;;E273CDF@>C??CE-8:AE5:7A@>/>?7FG8>=@=@8G5F8K=HA?>;A-6=5>D<@:>/@7:=GE<>C>?@D6=8D?=?9:=GA?BEA==@==BHCC?:@@2;BBEBE4F6=?GED9?B:=1B3>>:F9B3:AD9?=F6:=?98>A74:A'=>>=CA>;D:?3EA9,=0/<=><@E:86;AE?A?66K<:>8?:?<@9D>7D;C:6AA,:=<@?8@?7<<445L=9H99=>BA>:795;FG97=:4;83>34676DLAF>>GD35?:;EE92=ACB>3E=F@3G:G@?EB<;D;=?>:A9>B6;>C9A>?<;=B;==@FDE>DBF=?DF=7;=@>9B?:=Q>?AB@E9?:?@BB<6C97B?@EE?F9=2D>>3=$9>4.@ED?0?:?@>?H9CC1:5=C3?9C@?D@A7A=4CA@G069;?A<>FG>@=35EC1:8=6=C:E>B<;:BC;KAH;<65??6>?78CA:5?7A?3=?CGB;4A>CDC>=:6M,8EC;B>CDA;8:BB@?<>4A+8;@8<>L@2A49A=CAC@7@98;85:@I>I<@EE7>@;=:C8H<@::N30?<:/G>B:;@74EEG?4=B6CC:5DD6F8FBI@?CDF?@;GFF9EP?>?CAA==HL;8G@D4ADB?:?C6IH:<9AD15>BICD=;@07>;>46>?>@DB?=B>2MBCE>CACEBC@:?:C:5A;D@MD<>;@>:C<96C;;C8DEC6JA>D@FE>B@;=@A=8H=BB9;E?=>?AC@:B>:@A8<=8>=D8<=@AA7>;:@6,5A/H7:1D?3A45>@;.=8=/=@A3DBD8CBFC4'9)<9E::?;<@:=C>88?:B<;<@?;<97:87FE?B@DAH?@>;=CFF;BA9&CB>@2E>5@@B?,C;H@3DA@EAAC=FA==@9;@B@4GC:>=:>::F:89D@BBC>=F-:A>:=?ADC:>6C:6=<<>H3E9+G>;?@=F@@;9+@2B@B>9@><5B1F><3;AA8;96:AA5B><>A9B4=F8:;C;318BB=AB=:?6;6DCC184B4-C>82C9;1=CB<1;C4?54E?:>HBIHFD@3G;J9B*AC>FF8=CDC6EG=?1D?>GDD;AB3FB7@;:>9E<:AB=D@:*6B;D=E@D<<@ACA>;9>BE0B/::>C>;:)<>>@??:==;E?D58C2F@<>:C?5=B<CA9D=D;>>CB=>8>@??9=F:@A;?B>C<==4A8>;9<@;BA0C::7<:J9=9ABB>B99><866?@7,A5I:*99@6B9;'=<;B@<<9?E=@>=?@F:=A:B=C?=?>B9;A;E>D@<@@:==9;AAI35G@;>;9:7@?ECECD9969B;B<>AGC?9.::A7?CE>BCA>B>=>B><5=?<=8@=7D:B-:?5/B9;;A4BGA@49C0@@1G9E;=BB5G.=?>6:7?;983>97@H:C96?CB>7C45E:C;=<>;A9>C:>9A6>>==B.4>2B<2?79>@@=BAC>D:59?;A,7HFBAE=?:@?E5@@9CBFBB>?A8<>>9B6:B>=<;;-8A6FAE;57=9D>==>59D=<=@FB;@=?;=?;>CD543D?@?>8>E57B@7ABG65B;D:BDEAE:;:=&D=>A1;=<97F;@=A7@?::C563>:CCF8GDABE@;96C>@A9;???@<9BCEB<@G96I;DB<98>I>@9B:'6AC?EH8?;<;F@@?=2@@AA??C59D@=7:C>?J@<>?2E65A=5AB;@BBIB<9GF#B??>:=;EE;?>/@5@>:=;;?8A4BKK>B?FB;CB=C>D@1<=C93B::,BF<::@=C@?;@?;?B=4=9=>@:?LIA65DC58;<8CDA>@=:9:8?@DM@@G?>90<,==B9D8>3EI>B?7:=E=>C;CJI6DB?>=>?>H7:=;JBIG<<8?8A=?C47A6A6:::C=@?@8>3-F:6@BD?=CDAD7+39:DNN>?27?A8/5D;D?4>@B<<:4)<;@=A7?E>GIDC;6@EI6D;@CD>8;I@L5;AB@@A>>9:DA<6=?4<;C5;F9:A8F@F9<72=>DEDAA5154G?BE6>GFA:@F=6?3D7A16C8>F6819BBBB8=GA9-BCDDA=DB<77>A:;E<8=B85E;;>=3A9:84C6:?->;F@9BC>>=GAC8?:EB?@=@?CA=:3;A==6D;:AB==?8B?FB?=.>E>5;28==J95@&0>@@B<>A35HB8DBFB=AAB8K?2-E4>@6C16FCJ27BA>9B78B(=6<7D.8=F5=5/99=>=7@F<=;2;EBJ=D<=;=@93>:9=B>@;7<22B:13:HACJ:BBE6GL5@97=HC@;9:F86?A>>@=<7EF;<4C::CF8B?:D;=B@9>F3=C=:9@5HF>D6F@E;8D@8D?>:B<;CEB>@=FE=>B4<@AEG7B=<5?49D=CCB>4H:5D97C-I96;C=5>=E=@MAO:LB5:09>8:C@<8CD?D4<;;?=B:@@<7>@C33B7;<8>?;8942==9@:=7=897@@9<9D@@F==/?6=B??<4>3@/8@HC@9A>:C:=;9@9BC9@?9F6A5;5/AA>D=@28?=CDAC?;D<:=C;?7;;=5=K><=>98B:BA=;>2I7>9A<4=?E1==?D=5=D@BB9=DI4@DBFAAA=%>AE9;@<35:=99F4>=>7;8;6=>;A@385C<<<<@FE:<6E=?>A=CF:9HCE>=@E:@=6?E>::.9;?C8=C;B>2=>>59AD==F>?9DA;FF@HG@<5BD:FC?0=5<96A<3;@@:6>A5?8?=B<3IA>B??BG;A9D:EB?B@B8>A>>:BB<;>>:BBC:@A=836FFG?G5IL/E@CGAN:;F7CB=?A:E?>;@:<;;A=@I6CDEC:?DH=@<=HA<3LB43.:BCA?9E>;76J?;6=BA>446?>9HAD8@;/89/8>E3:2*;-;=6@>BB;@E>:??=DCD@D?79:C8H?CC=8E@=E3BCG<>=DDBBC9CF@BCJD?.A9@>KJ8ADB6@B7J6C?DJF>EB<6:B;:8?=E?A>9AE;H@@EOAK93<:868KH9EMR@3?8=>A3E@?7>=>9D:D@=EG9=7?=?DJ;?C8AA77>B9>C75>C?D>C9?9+@E9=A=:>E?6=IC2>798B;=FB@4@9C@A;?G68@>7C::9E;DBA8;H7>@<2>@.BG>,@<;DB;<>;E8B@>?5>?;9A@=?::BB;A;FDB/>;=5J0<>.9>?D86:ACCECG9>;>@8555D:>?3=>D>@?ICD;A@=9B?:=B;@@>EAB5FBFC6;66C??>7:EEC=>C?1>?6;@A?B:9=<996AC72A6:BC8AC:?,B988?C;A69CF>4=C>@9A9:A7D9>=4>F<<,A:BDA8E?D9GAJA:C=K?=>E4AI=48A@B?C?C@???I4FBA=H8EC%ABF?;DI?B>AH@AC0A7;8:71EAD@D?9K8@:=6:A5-DD-@=H=6I;C8:C7:=>E?243BD?6C:?7F:?L?AJ?AA9ABFA?D=>@JC7EB><;6?;<5936?6@9>.E1:8;?==7CFB7B<>C=??939;F>2>B;>?>6?>78:9@:*9C?A0@3=EBD<@>BH<8==1=??@D8GE@=8967O7;E:>=:8B<>-=D2<C?3<86B>?B0;C8?=;?A:<@@,=B<>3:K;>=:2<942@1@=4J>;8@F;H=8E;FEICB599>F)+;AB:==F7B9?>;C<07@?E6A@:6FF?=FD9E;:=A@;ABC:/@3GC;4B:A;6>CDAEEJA=8CLE:DE>5/F>F?>;<@1<7CG6D:H@AC>B?A9?A@76D@=-7F<:@F=F?H5>@JLE?:A@>?C29=D;CE;A<<88>=>45><6@8G8=5A/;I@A6@AA=B$,<:C*8?@??.>K:D<:?B?D4.3:@O>9@.93:67?A=3:@98>;;12=5>?.?=AD-A;;KCC;C@>=A7?MII?5GH28F8;=@A?A4=FF8J<=:>@CAE>@;==DEBDE@@D6H4@;A:D8ABCI7B>=A@*?AIM9?BC@<9>=?;<628,>;7?86B==F6=D5)=:K839:<@8A15:CK=>HF;D3=B=<>94D>2/AD1D<:<@8@>B@EKC:=4@:?>4@E<3=?@>H6D=>;A84;=3><<@9BB8B9A?=@AH8H=6?J@DCCB@;J9CE@A?;B0EF@26EF>D9<:>@A48B;;@G?;ECCBCC@:!=1?BG@G>G<=?;@=,5AC6L<6><@@:D-<=F?E99=KHAA2??=@,7:6D4<6A6>?>>9@>/>B<8E<:?D?68F:;<<=?=D==?;=;D/A8.;C.F9A=@B;:?EG?>>AB@9;;'I:EA<60AD<7D==D>?CBC4;?BF69:A>C<;C7C:=(GD>76<:9>B:8?=?GC<9:1ACH,C32B6BA->1,35>B?<@?8I;BH:F<99@H:?:A5:GFF@?77ADH:=;?/==C=EH=?3F6=6@:>I9=7@@8D?=2>F1A>@;@9<87BBH;BCBC=>G8>A=D5<@D4:=9>>>>9:5DG;>>7>;<=?4>-@BA?C>4D>;==E:B@E7E=9D=B24HF9<>E:?7<@A=2G344B9A;@@B<@7=:CC?FA1;7<6A@F>EGDFD86D=>?9A6E>AH><>IF;>A@>>?(I6:HC?;>,ACG7IC<864C4G2;=?5:CA?A7D:@BC;?A@?=:@E:57>@?A@;EAH=H7BB(:>K@@;=?9A6B5D::58:B893AAA?89E8>C6?;6=5@B;>=>F>ADC9BAHB<@=8:@<@2BIAA:G99??B>=;@5::F@BB=AD/><<7?<482DB>5A$/IA5F@@?C;??;F@18+C0A?7=7<>89=DG?CB9C<88?@590C?1C;B;?@?AA?CD6E:DB??2=A>E0A=G;+>CD<@DBC@7C8B?9CC?8>@;>E6;>88C84G3?;8B?CB;C7=@9:@<;6FA6BA@7BBB?>;E;5@,B>6=6B3?>:<6@F0<8CBBC:BH53?A:ICF;>6G;EABC18I;;ECCI==?DA625DA@C;BJ=9K?9G=/BFC?F?IC88B<9C;>AAHA7E==D=>D9:?8B82>F?E)0?C=CCF<>>>D>91A?@B58<6?D.8?EGA69;=@>7=5G?C=0I?=2;=AD9AC87@4?D>AE7F;7BI=27?R:@BED>A1<@9F?@=DCC.:??=?B@<=A8:FB;?C:8BID<-@@6F>D<=87>A@F;F=@?A=-57F:@BCCIC8/<4>=LC?>BB<4B167F.AC@D:D9A;A<9BF?9@B>:KE=D>B2E@@4?B-CEH=BB=JBCC>KH@;F;E>GCG6<7??9<9E.,@<:;B>CDA=AEFE>=A<;@?C=B88BA=AB8A5F?F;?@H9C>A;:@7:E>?A6A5;A@B<9@=F;>F?<@>KDD>BJC99?DHC:H;?=B??>B2)9?BDG>A;?;<;BB8LD<;:>AB8F4C;F;CIA?A9H7:??EB:C96=:9C=?=F.@?96>AF2==?ICEACC@,C=<>9D.-<=K;<-@A?@9996=A9.?;<9:=;8?;;ACD89BB5?66?:=;D?;55;2E>;BC?G9?50C:2D6A9;B@GDIF:B>;79;G?99?G:AG?C>CF8GJAD><@;@@D:@<.@9AEFAC,9=7?=:;C2?59D?6C8B*@;<><9@CF<<38DD;?<:@EE?D?=;@G>.3D=AD>@:BD=;;73E;7*9A@>=8F1@=@=79@?C<5?.+/9>D9A?=@67;C8:I=8C;=<;><7.-EB:A65C1/+:9?C7?A:2AE<;@@5IH2E4=>>E39E@9.BA3D97=?D;C;E/:;.=B;6:F4:AE?=87FD>:?;;8?21F:><3AB?<:=>ACE7B9A;A>2@B(+>?C?H@?A6;?D@>@;:@16?+>7D<4A<;@>9D;9ABC@FADHDC<8E@?@?GB@B8@:<;=:H=8>=@>8<>@9@?6?>?6GCBA@@D5B?>2B99B309L;A>BC::@5=;::9EB3:-;4G??9@AH;E46;>C9>374JBABC#6=;6<@AE=CFGCCEB;8BE8@HB@>9>CA>D:AC=KOA=B8C:;EC+E1@:A;6E?>D=JA:A>EAGA4=EF@D41BI8>B9?9OCGG?HD@HF<7B;C7A8>HB2DDFB@F9@5D5=G;>>@;GG8F?2=8G.??A@A@<<9@@D@;73>FFC;:=AALC?<@I7-BF7?>C>B.C5@?>?KG7?<=A>=AC?=8=C61BD>6EF>F8I02>@>D==C>;55BDC:86E0>'1CA=?A=CEC;?D@<@K7>9A4E98-?@B66?7?A=<==?A?@D:6BA?>A;99@?BCAB56=?D77H@<=H@19D>4:=?9;4D:>CBB?D@?AAI9HB<9?IB@CA@?B?B>>?:B*C:B;99>?6(D6L366CFE;DA?9?955?E?DD<=9C@AEEB7A<:=D>B7;8@?B@EC<>:C?6@9??;;FDE998B5A6K;9?=A?:ADF=:B:DF>=@=E@F?>>?;51:F;E:A?DE>:ID>:;J?BF5@AC=CE=>DDK=>D8:@@>F7FADED?J7-4C:G7@>>>A0F5;C@@?5:3?68C>?==84C*;J@6@CC8H8CF;5>ABD>56:>7:0>,3/AD?D ,;@:BB7:-BD?6>>>=C@?:9:G9>@G?>5C5HIG29;<>E@59=7=H>A>>@E5B?9>C5FB6*::;?F=<>A?1??50>?>>;079A3?,=776<3?;;@8=5=C<=>7:9@E8*A39?:?,H9A=:49D68<=1->29A:GA>E?66A:7D>05@GID9:;F9;3==3I;4:=787=5>A6C=A3@2B32ACG8;AD<8@>;@E?>=:9H=+C=D1A>@>>@::A28=B;IG<5>9?EGE9@9A768 8@?DAD6C/A=D=5H7>3>5@E.6DCH<>;5B/7:DHB68=D<>>;;<=BF:KC;?DCE6C>9=GD@@<<>=;CC@B6>@B6B6?4B>7==9@IGB;@?=:G<4>5?BDM?92CE8J=F9:;G8?;2><7A9*109:;<9/7E:C>;=A56AA>9D:8=B3/>4EDA?5;6.7B93:>5==?G5883/HE=25<<@:>:@B<3.?8@A:EG:>=4=DE:DG9<:BD6CA@G7>E>HA:E@C;:=CD$E9G@@@BB>A3EFBD@=>C>,=>F@FFBD?A8=BK8=BB+=F;<5L8BAG1H9;MEC:?H??E1FB4?>CC>;BK?F=>0=EC5H=5:B?>9D>?F;:A7D3::)AD<8@:2FE<@?:.<:-8@=>=F=)D?I;7E/@D?2@?=+DB:>2D=-34J:G7A8BBB0B@A<@;<=85A>B>;@<7A@?;:GI><;?B?=>?=D5;??8<:=GL<;D>3?==A;FI<<>>@B?5D7=J?A>7E==A=7C9C?<8AE@@@;?2B=58:9D>A4@93A>+;6+B><@B2;CB=@7@A>F8>9ED>2??AIBA8?D;9B874A5:?;?>F914:B:7@3=@<;D7A@0K;=B6>=:>=9@HB=:@??:85595?@6C>?;G2AE9:@@9H?<:=?>=CH6CC;@><@;=9C>AB>:739AACBEFA.@C;17H7<@849D:DBGE4??EB@JE7=6E6B9==FFA9AA:>;A@@;D@3@?09CB8@@8FA:C=DA;=A>>DFB97?C@<@H9B>;3@/?CAC9=BAFA:I7>B?E7EB90F0??AC9A17F<==@66@B>776:AB9A;=E9@?A8=EDF8FE@A==A>;E?@1AI@8B<7:D=E8<=91?>19B;B5F6A8;:D@12,C@8=B?3=A89*I<7C;0AA1==@E>4D7<=F=3A3DC;?I;?6=?<<0=A?5BCAGG>DFH4BE:A3;5F6C?D;75<5=>EG;7FCAH=??@>;ED?9=8>>D7FB7G3@<:06==D?8B:<:C69;BA>@FC=HCC9>D9?;:/9I>?>@39-@?CAE9A=D68-@?@@8A6@>>?>4?8=5<70;>3>D58@D?GD4=AB@GB8B<>F8?DBI53)H=B90<=?DD7:D:8:047AB#EHC?;8;;5E5:97@399@5D><<E?;B4BG=>:LC<:I;?;9DB:9C=B;C02D>25>@.=3=;?:>>*9:AF?<<>:5BA+46F-;48=@9:B>>=@AC=:=<7?=>=BI2G9A=7=98;?I36=<>/=CC90DA?7CGDEC;B6:9;:?76GCG9=9@;=B;=:BF+?=4=1;B:3A>?<@;D:>B5C?@<@:1@7=B7;3?@D,74<89C;CHA72?@87C@C@3<:<>0A8:5AE>>C9>D>;,:C895890?93B;-:6??:7$95F6880F;H9;2:;).?95/BD9?>C2.-?J8?08:A7<>=2>7A>D=41=;BDH8H<<;E4=<>:;HJADCA>A9;AFB:AAC?2<>>FCBBA@@A;@B:7D56=BA9@:A:9;6EA?AB?D7<==<85=<;9B?;-K8@AB0E;@:>@:7Q?9*F:=9=CAG>>8B;A098F<@4D8G48AD7:4E@>:=9F?>?C?@=B??97>D@<55=?6?B=F>@;A>CBD?><75CA?:8F;<@A9==;==:A/8:=@=@8>=FAA:C?B=@>DC?I;8.A7>B9?:??H39B@5?<97=:;A>=C;D5A9?9?F:A4=>>5-C9E>>CC@6BF/0F8=@=EBFFC=;5E94K314B>;ACB8:;>E?D3:BC>5CBL=@B>K;==@89L<>7<0>F96C<:==>:?9=9DA:;:;<;=:==<=;B=D?:>;A=@@FD9GHE@;?9DD;7=@@C;A?K=EBEB6G6FA5FD4;BA:DC=2?>DGD>E=?@88G8F;7)CEECJDE7<<=>B6<9;@9DACB:DJ1=A:>>CE?>8@C@AJ5CB<9:7C72:9:&4E>E6;1FE75;;7B>=5;9:E;==BA.373=35=:@7"93AA=7?=1;A9?>:C2AA6@'3<79:,=2:?A5C<;:>@7A=C=<;A6=@?>I=@CC<>GA8F;9;0D6B;9E@5F=:CA<:8E3B><<8170=:@3=58>8EA9ADAF7>:=?=;F68>9>@=>@B4<>@7=5BG;;B3CDA:6C;?B82>C49=EG?>?G@==<=7<16C7D@7CE>9A>A=B77@CBH9HBC96.7@=6F3C;F48;I=:><;3=978EE@D;AFDCHA>B5=B3AEBAB5=8>7@FHA?>=DBID>BFDC@A8D?A:E@CA;:EE@BA;;BD8C@@=9H>9DAGB?@A:?@E698A9?;879GD88B>GA@B??@G5;9AA9A9<@@<=7<3;?5@4;?8/>ABDDA:997<2=6=?<=96=>?5=?G99;=2A9=>DAGB3:<D<@>=<5E?FA@?F=>:8B,:C2;=6D:DEA>5:6FLBB;DBBH1;9:A8;;BJF=F7?;7@?>>B;@C<>/A?/B>=?8=@>3CB<8:6>69;:BFA653@<99A8E@1><=>?88DAE959@>:@@CB48B?;J7LC=A78=A9@4<7;3:CB<F@;=<@>?F@B=AEB7?D2@CHB8:F/979><<039C;@6G>;>B:EDB7A4A;>?=J/B8BCH64CH>@BB6F@D<>J;7CE<@6;JKNGAADD3B>@3<==:>??=:C-?B;;1@8?D77=?A>93CB>CAE<@A@9>;=H>A<=9=/?D29>A<:6@:94;AA<@@;<@E9;:BB@>8<@37;@7?=4<:6><>3AD:8??3C>C=5?=>7:=A?9A;E*<=AC?2GA=>9D4@=::7:@?D?C23@B9:6A7<5D=@9;:<4B;G@@AC=A:@=?ACF0A87<9@CAC:@@F8=B@A6FB>AEGCA?@>78CM95B?7?0G?;=?:AFCBC>>A>A>F<@AE4AE8GI@I=42E?:7?<7BC;C@5FD;=B@B3:@8<1A>A2@>)=;F@C<=>=77E54/.@@C@7/:<;>CC@BAD@>_CFE>D9?=?C;4@971>?@AE;==:;8?E7:<<77BH@?H5B;:B;A758<>:DDA=AF:@FH19@?KLDC6@FKE64???<>6;G8BG8=7:?FJ23AA4C7HAE>D;C<>H;CI2G=>;F==/:8C@>>:DD/981;@E646E==;?:0=7@?E9?6<+94BG1C08725<<>C6C;A?@:@><6,6?BB<9D:BC4IC=8F4F@;FB?<>4@>5=E<=BE?D=@@9K8=?@2?8=6=8==:AC65=5A>A@=9?/;@;7:H?FF95;<=D:8GB=8;DBB>E??D97=CH?@:1?7=;=4B51F@<;5BD;@@E;>F@;CD89;D(DE@G/;<7-@BD<713CG5:9AC?=?6A@AAC<:8?4:7I?2;?5ACHE@=BF>A2HBAACG?3:?CDB?E:
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”B@57=;EE?C?;3=>=54B=<54<3@>:==BA>:G@?<@9<=C@?<06H=<>B==;?B5>N549.B@;D;;360;A5?AA=CL9BA;=775D?:C?:=B>D>DC8CCBA4?>6:I=NF4FBI7?;==A)PB:/38>G;4968(>>6@?:1?>01<=25?99:CB=98B488E8>ED3:>4@?=A9B@2D:=:3G:F@:ID@DE5>4=?6878AD=<::A@8@B2;1D78E:?7F6BCD9@<38A<>;G@>9>;@68<@<5=:<84==IBAA=BB688<:7?D,A=;@?CF3:37B2<><9
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`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€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… (= ®¡œb¶+ê=×( }8ÄsÝë ¹ Iv%&4ÈÍu¼² %CØútí }yßÓY<‰Xúÿ¹5?¬¦Û ‹ kQ+ î Ž G ^q1 ®Éö À»Æ •N p+æfã`«

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d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i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d>?7,:55C.B1<==BI93D@F*E:>@>=N:LC>=9:3GBEAF73?DG:?>I9?:7HL:DKV*@@C6;BG8MAMB:E9<::3?GGBE::=7LH??5;B><4=D9?JIC;A4B7>D?5KCH=I?;;BACH-JC>1@6A;AA>1?BD>JCE;@4>:=CA;;>D>>8RLDC?AB9FA;->IF;?;B9B4C:>1B@@7>BF@A3<<@2;34:?BFGD?I=@9BAB;BAG97:/E?+9B@:B@Bn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mUP;L<2BA/9B?C8K>A=B;?@6=NG2BA>>=A?IEBF8E?D5>;CC<5B26@D'A467BA<9998>?=7=I;;,2)8?=@EAA<2>F8>-6I7C<<3AE=;<3D@357C=H>@?DBC98?FB8=@D@:9A>AED61;C62A@EBG9@<1=C9@9@F9?G>?F@43;=>9DJ?@0:9>5BBBA>9<9G8@5A9+.;EB2G<@@?1@;==CEG9:8BFHBA.B?BEA+;0CD6?@C?A?<9BCF@:B>/CE8<8@@4@@89>A>H=C>A@EA:@:@<5E3BF3C99>>=.:DEB2@A6@A;A>AC4>A>FHC>=>===>;687ED5B3:HJ3HAA@=E?F6K8@C??:@@B><;941A@EC>;BEB<9AE4;>9=AA>8?CB:C@6G@=5>>=>A8?8:DDD1E@?B99E@7DEE;D75=;::6;A>2@;;<<4-:GB5;==A79:AA69B8A=A<@9C3<8B0DF61?@G@>M<949?AE7(>E;@D;AFEH@D5>>@>IFC57@D=F:B>3H>5AA>@??AD>ABG@FI9:8A;B<<@@=>@?<>A:=52?G@:C?E@;:7??A?H@30A:?8B9@5?@?ED>=89=5=6@:=8B@=C=@3;E2@B0DA>8;>@>CE<>I=@D>7?7;C6:986:@<65?>?@@C?>/3<9@DCA<7=CC>D6:>;A2;>BC@>D;02E:7@;*94E?83DK=-D991F?><1?:GG7>KDE22<>6@D>:2HEC:D::2B>4DD;D=62=;C2>BB<8>F?JFA>04/.BE>B>F5:FKCF13CE?>B@45?BJ@?/8>8>;7?>>4CAH?<=:?=@@?@7DFB@JF?@=>FB>A?>LDD@CK=CB;HA>:;@CF@B4L2B<78KIBDJGABAN8GEAA7A>>='@CB:9F?3K;F8?A?OG8@7B@;:>HCCE@4D?@DDD><=;DA:=H5MHGCD;B3?D>?@>@@?(<>BG>?J>R5AAB<=L@5B<;F?;7EFFD=@=9IC=C99:?-A?,:@LB?D7:=F=9@47>:DJ>G667A@EK>B6DC8@===BD3;DA6B=>I?A8>H@>-37B:=7D=@>3L9@F>=>38G9@DLBB7HEA8B=BIO7?BE?@;7A2A?2=CIC8@@==GD><5BB;.9<=6@;@CBJLAA=?9:4;G3F9>:CCE>8@:EBB67=H?8@?(E:@D@>DBGAB58H6IID9A<@>:==79@F<4<<6G9A;3EE91C=:FA8BB;B;3EAA>EA@:7FA5E>E>ABAA/:CB8*1:;86:C5BA;A@DE.<=?BGEA>@6DA?F8=86?9C<74BA.D>29E?:==?B8J8@9C?:;BJC?@D>2L?FA5@==48@=E@CG<3>A=?EI6A@<=@7@G=?>A0<>7B@B7:<3=C>;G=?9;G@><;A<==BC;/BCD:=;<>5CDF1<;89>D>N;3;7AA1;C16+C;B?A=<,@>GG?<;.<6C3?;?;<@B5?A8=@4A:6:DCA?F==<<6@:3D88A@;C@58=1:A@:1D5D=;E2D(9CG72@2B-=?>E89>4=6L=F;<>>=<>;BE;BC?A8?3BB@==48;@==D=0?7C?=??9A?:DA57>99<4B?6:;85CB:5J8DC?EF@DG0B?@>;D=ID<>C7?HGA@>@;@F7F:5B:6AE4FB=<=AJ>8?DD<@@>?>C=A>3A8E=8>CAB7=2:BC>A>C;B/HIFE::;?;GI?C7G?EB5=6>><9<><:03EDAD><:A<:E:?D:?;.4;<5I/B8H<5A?IBA+=D?9;==E?=?KAC3E.BH?3EGABEE?2=?F:DG@@?EABCBE?B=E=6G-.@:-??,65B3E=4E?9:.@?CF?EF?:7AG;:D:9>1BMB2FA=A@A=?@E7A9@F479P=<4;?62=C@C>1G2:CB8CE?;?1E8<@6AIL=66B?1C=C>F3D6>;:AB>D<CG?:AJID8DM9F9CAAD<@;J:?4M*>BBDD9A8??@E?;E,E?E=J5>:@DF;HDCFK?@3=2F?7@K=3@@CKIB3=I=E==;>>;>EJDC6>KD:J?CLH4BAB?D:B@>:=EDDF?6@GA?BFQCOFR8BN?@HHIDHGSXN?@IM;==K@;J77CQM@AB:FAGI;<>H=U@>KSNIJF@=DDFJC7>JCA3BR@C:F@>HKIL?MCDJ5ECD9CA/DC<9B?J=>?AAS4?96?@IL-A??3G;IDE4X@<=C7C=IJG>4:EC=79M>66CD/KC=CC;=IG4ADM?58CGA=F2D=;>B=;-E=D7G:>=8B???<@D?;26C8CG2BH==>EA68CQK5C:B4EL@?:@E;AJGC>>C>A<>=C<=>GA?7H@&?<=6?@LA=<@==?3AE<@?=GABBD@811GCJMH8>DC0F1DB:BD<@A@)GE28CC2AGB@:E07?5@B>7CG:CB5>H=F8C=G6F.A?;?I@<<=D;=@C6EFBDB6=H9AB:@.=CA@8=:C>EC6D5:HB=8>??7E9B@0;<A>DDA?=E2E<@>G;3<68@AA?/>0JE8B8:CBB8=C?@G7FB+;C>3G=@C>I=89F@A?D-CA1?3@=A>@F?1F:;E?E@8EG@A,<:E;<9<0??>7EA3<;@=5<<=:A>;D=A<<:C>03A>=;;@C@<@:::6?<;==ACA:A;@7>FB@HCE0)CI94B:A/4@<8;AB>>8:::58?C9;D;@:IF=7BC?B3B@C<6048B=CD99DFCD;A<:ACL6IGEBADA>A?A;>;=9D5H7AAAE4HC9>6:>>9FCAH8B;6>9;<@F;A>2:=A=AA?A3A9?<<9E=@:>6FCF@@>G=6<>96?/=1<*BA3@>@H99;>C:7HG<;<=6C8GA<;D9@:5B????;;;>:B=<<=BC>:9?@>>=?.><4B1<<3=CI:GCE5@GCDDDILBB?:C;=;A4:7A9C;D@>?B?>E<8H8F1DC,>CBA9:A<;BB>6,5EB=BF?5DI<>?H:@B@C@(6@4@B=>9SD>?0F:C>?7BBAG3?96>@<7EAH<;64BDEI7@?C=B??EE>BIF@E>ACCL9;?K5BF0GA@>;J@@:I?GAB=>@@9@@DHJ9B>IBD8>EKKC1??9AB@JHFFHCEHLGD@D9=TA7RPKAHIH9H@HD5IF6BD5J>MCG=QADP=KDDI0>HGLGLFBACF@GHBNABILBBDN=GD@NGGEAGGCB4M>J>IEDD:=@DMAIBELEIEE>?E??@J?AG>>;=S:KC@0?I5B?=EJDC<;:K=A>@C;I?A13A=6>AC5CF@<7:=GDCFEBCE?HCFK>A;BI:@=36B>EC=D87CJICMWG?==1.AGA>7;8CA9G=00?>?A:0?A;BFB>B6DIC@D/78D=??=AE<.>=;<=>B)CG9B>=F(<=?JO:AODDEC5<6E7620<<7>A(B7D4C@D7@CDHC3?;DGBA;B8;JE<=>4?B>D8A1B;D;?4;9E=0:2B:4?=7A@9CBB?=D8?>7LC::@:5883@:BA4AIDIC;GH@F;GCCBB@>9F45BBNEADA?GC;FKCB>B;+E<9A6CH;5<;;0@?A=C4>:7?=<=:K:BC?FFH@=:;C5@C84BC5CKC>8=AB:?A;?>A3C=:6BA=:;4G49C?>E@DE>C/8A;36@1,CD:FDIC6>F3<;COB6?=F;;B8:4CF;?:=4=4:BFCGD<9FG;2=,5C:D?DD97?::>E@E;6B=1?A:>AIA@?FE=AD:9H36C8@=2@I96B=A<9BCD;E39F8=784@E<@/>:>JA?E376:@:;H:E=B9DCCAD5?A?ID?>C6E::IE7AADHDBEBG<;A@<>D/6@E>;C@FD8BC>=@?E5IADAD8=3C29A=E>;458CAAA7B;HD=C>C;?>4=C2:;:D;BE+=7@>>>:>7DE@@BCA>9?897<>28>D?<@F5D>;/D9?E?82>D8.G;>>*83;E(8BDB84?C@8:DA?H>B@:,:3C;<:EFC=LG>D9>AP9?D?HAHJ>7CBA65G6KCD;F?4ECBC;?4<@;G7:=6>1BD66?A=A=9:E@;D:7?ABEB;;BBB?>IBCBC9A;AG@E>B@C5D:A@B5>DD9=C5B=A;GA=CW1E7B6J:>A=A=6?:*7F=6E@:I0;3KHBC?8M8@BE5DH?C=F?:2?;<:?DHFFGI386=8G#<91?C?G9A;@F9A7D958D8AK==GB>DAG?AIBQHDFE:?>QF8CML:>;F88@C]F:DHR9<85>8:AE8I;GGLMB8DD8RCIGD?BCABICEROBA=LHEKIHBGR=LF@E?G;>DJKAHCBLLF:91BCICKLFF98JIPBEA=<85AMB>GCBDRFGJE1E=8A;68L==OILB1:BA8GE=K825?J@;6=A:@>D2P;@CFG=?:/9D?A5AF>->@AAHBDCFL4BA7EJ:A:?ACDBBB>=JBECDE=03J*68@46C,F>:<<4I58%AG@B;C;<F@,C:I;7(=CD1:B@>G?=D6B>4;>5@9;,FEJ9B>K?7EB@AAI>=>6GJ=:AAGCE>F@;@4A:6DDB=I>>@8@9>917=EBE8B<94@A=;?@>AA?2H6<4F:C>C<=E=3C=C9@C:>GBC:C<@AEG??BE>>D@D=C@B6?DFC7B89A@:0=:=E>?FA>8:DHA?BDCB08=I?/H>@09;0DGCCADD5B-A:DG9:A:A=@BA:G8<6>@*D:=A?:6A>3A>EH6JC>GCB98A@AA8<=D::?=??H0D2<;7?9AD<;?99AE;@A?B966:85B0D5D5@3.<;AADE41DBH?AC?CLFAB9=<>1==DD@EB>>=@<>>@:7FB37/6@,5==><:>D730;CG>?<E85AJGD:0?9928=>6=7ACF:@DA47?=9@=FBA;C@=C?>K7DKH?>O;9;AED6F=?3B@=?9A?AH>9?9BB@CD7B5DFD7AI0>B?;FAA<849C7B=AB;IA@BBDH3A60926;H777D?7<=+BCDH><<.7G19=<><>@:98C=@C:A?;>53;AG@:CG>27*?<9>:95B=4=B6B?;.5DA@4GA7C5:;?:98ECD:>7JD@6?A?G>D=7A=FBAA@CE=>9@=5B=)>:D2ACC:CC@@;C2J?HE5;A?)>4I@?@=D9C>GB=67><9KB?HD<=@.=>7<@C6>A>85BHI8?>>=C?7:C=8@A=?(?<=9DA?8=E&==D?>A>J,?;DC=>?AH;4@>9C@?9C?@=E/=><9=;2;ACCEAD9=>;9=@5@A77B?EB>9A;A>LLD?D5H(8C?99>4H2@ER<;A5BC@6I43J7>9=GDF6=;=9?8CAD@G=DC0/DF>DDK=NK8@?=EG>@C7F?>CG@I9;=>EHA=CL8I9GB2LB>46DC;?FCK?M;CA2AB3AAA?B>MB92>HHHGCH=C:6EA@KD%;NB9DL@;DDAAJAI>ECFDHIM9<@D@O>I?HHAAHABEGL7FEIOHJ:MFGA?:?9J=9>L>=:OVJCIGD7@BHGJB;A;GB@DG;9DAB?6OF28@=E69=EX/@AADLCCKB8@BC?=;ADD<@D:9H7>4H>AA@>;)FD@)=A:=;=?D:BD2:B7EC<>D@>96B:AAA?D?ACJ<2=A4C7B?LJ/@CG8B6C=>*D>?HD??C@DA?P8A;-6A8,<>;CB7?8EE?AH2==3=?:B38CC@<9CA?@>BD4;D94@8?=DHA;7=G<5GBD@A?D6A7@=I:=E>DI;H76@C5>B6?C99<42:A<>F:>=7CC:;CDD0>-6>&<>=7?=>GH:AFCI?E@F=@@>AAEC@EJ>;<>;D=2B?B?>>5DB=<>87;@ADA=?<@C@3M2EA?E>=?C?ICIEE9<.4CH<:?;C4HBE=:@><>FCAAD?;<)@?:C=BF<:B4>D9E4L;H9==K;A=67<8:=@AFAA9=C?B@>EBDEB9:C8A-5:A?@=D8A:8?4AE<9D<;9@G;?A=2?AAK3.<7CBAF;7G9BJF;6D==CBG>;H5HECA95GB>:.<5;DC:A:9?A><=9:>=88@G.;<:=?BD@C<=??=>@AAFE?AAD9>:CF?93<>85=G:@?;IA?=BB@A51;@?:G@5BD2>DEBCA@HG?77>>BC77J@FHG8=D;3DB7<8B;6C6K6EC1>D>?==B=D;?=E49;/??@A>C6A=A<<<>B@AK6:@A>G@AAI:B:=?7C>@D::75@C>B>4,F=>>D>D>6@B-A&B9EC>55>5;A=2>4E>4GF?9D7;@45;7C57?8;4?@BE4@5ACC-=@FC87?7E?==EC@7F5A8DHE>:@@BBEE5@EA:A53<;=aGE:@;A>>DAB;99B81GD;<0B>DBBA:9@?=>C3;FH@:?HK;>.GG8>A;D6C;?EDG@/AF=78;BBDABH7BD@FGE52>C89H;D>O;4G=CD@IJ?A:H9BC-F?E9F=G=?>=84DM6J2@PEKC3>B@:BPFOO@LFHC@MG;KAE?@C97AE??=?:FE!FP>ADF?AOHGS@9GEB;BIBCA@AHBTG7D@E9IE:GE@ITCGGN:KM@AN8DILKHE>3;?OGF=>HJNDG9E==HDEEMPDG?CC=DHIGFG9IFGCG@?9HA6EE6>=B57CBD9:D?FIDCAMPA?HC;D@H2CG@>?:<<@H=0;@@/=4@?K@B:G@9D3A=9GEK6FB26AFN>ED=A@8>D1=GE9=C:B28>BA7CD=:A>L5GICB<5D>N5D@6?I;:=H;@=N@C>@B=?>=8CBCBBAI>DED=>>3EDE8EE0A?@?9EA@F>;:@=D@?B@D=D=A=;58=0;<71:CC@5GEI=/@5>C:A;BI9<4A@?BI:>D9B==F>6?=4G<<=>@>5C4A68D<@I3@BCB6::;BE4=>KC<9>9@F>AEDE;G6?G8>?599@@FEEA?<=@79??2S>9?=@?:@AAJ>IA91@E8EJ7>;@5FI>E4?9A4>FC<@<=;:@A8BAG>6EFBBFAD82DCC<>9D;>=MB>4;BH@6B9BMG?>DB86=D9C4>CCAE2AGB>?B;@6;=D@>8<>C<=A=AC;>==:>FA4IGIDCA;=B:;??CCD?EJ3?GE<>E:@=>;E:BD9=<@>B9JC;<=5C>7@FN?95BH?99:G<=?>4=.?8D@FC?.>EC>>ADEC:-@8929>:;>B4I6EG=DD:A5>9AA?8;CCDA@6A6>D9>?E>/CA@;EFAAE5;8<3D@M?3JADE,=B8C7F7CCIB>F=I>6H>??B9@E=?36ICLB5F>AA:>?9?4FJ7:B4/C96::HNC<2EE:B;,B?;4B@3;;=/>B><>B6???E5IH;=B@3:;38EAF>;3J?BA?>?DB;61EA=;:=44?6:GC099:@AA8;@?@C>?<>C5@A;6AB?H3>=8<-C4=<=7C?9C5:@@5>E5;K6CAC5;C>@9:<=@5;9I;3=97F5CE<;BA/?>=ECF7>BD?6?6.F@6B>E3DUC6BS7N=HO?AKE>9AEDLAGFB:;9EMABJ5;G8@>MJIG1EHGLH;B>FKF@>9>+@@KCC9AA9=D6B?=IBFLBAFACLBIDCG=DQG@DH6CC;ADJQEFDE;@>FBF>HB:=LD=?A6CG<@CAGCAIIADL<=@@DB?9?BF?O>EKB:E9KN?G;@G:BGII>QIJFDBJE0DKJ4@O@A;KJD?7MIE7,?:F:DB=>?>ADA=@AAF?@:9:55??AKLK:@8>CA?J1:@=:A6>9?><9?BF>J69F2;ADADAFB<<=A=DHDG<73BMB@DFBND=@>AHDD@=>A?6GD4B8ACDFB@A;>;?8CH@?GEB;B2B0DFE=J?B;B:3>CG==>7=BB@>A6DCEF;;9ABD:G;EK@<.6B>2FEF>>0>=>>>;?8CJJB4KKD?A5?@7=3=@B>C=9;@:A=B<:;>F0;J@68?>9>1>G:4>;EBAB?F6:>CKC2BGA@??68B>>=A=?J?D90A?C7ABGG6:F@H>=HE;:?=??BDE><@DDJ?GAJDA37FA:B=77861A92@8;?C?>:A<@B@>H:>B?.A>>2BCG?@=>-F=I>G@<,?C>>DL.9AK>;C>C?=DD6AFAE9BCE@=D4>;6B>?BD7;=?H;=?F=D?;;8E;BB9C,BA;7@1G>:A:K5<@85DB8=>?=B77=5A?50<@E)@><

  •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eJI?NPAEHHJ@GBABH>;?@I,C<:9CD;A9?;AAD>ED>993I=p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