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:98402556 0 NOVERFL:-1 69 0 MINIMUM:0 MAXIMUM:1679 NONTIME:0 NLATE :0 FILENAM:fastscan_01_0111.sfrm CREATED:18-Oct-2021 12:19:00 CUMULAT:2.000000 ELAPSDR:2.000000 ELAPSDA:2.000000 OSCILLA:0 NSTEPS :0 RANGE :1.000000 START :110.000000 INCREME:1.000000 NUMBER :110 NFRAMES:180 ANGLES :0.000000 0.000000 110.000000 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 -16815 -1498 TEMP: 100.00 0.0000 0 ZOOM :0.500000 0.500000 1.000000 CENTER :773.937600 507.144200 773.937600 507.144200 DISTANC:3.996003 5.000003 TRAILER:-1 COMPRES:0 LINEAR :1.000000 0.000000 PHD :1.000000 0.048000 PREAMP :0.000000 CORRECT:INTERNAL, s/n: A112250 Done inside firmware WARPFIL:LINEAR WAVELEN:1.541840 1.540600 1.544390 1.392220 MAXXY :539.000000 424.000000 AXIS :3 ENDING :0.000000 0.000000 111.000000 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: ...............................................................>@AP7@1=@;5J=C5:G749EY>FH?00H6L?;8=E<>B>D:@??@;?H:.DDABJ?SDE7C7CB6EG:LE4D/;/E??:?:FBD=;??9@>19AL>58;FLDE?8C<<@@@:6FL7I@9?;A>C;B=FA,;CDGBK?;>7EJVDA6ABCFP.;H92.D7/G;GJG>>4?G;=HAB@456C9A:74=5FJA;I19CGC/G:J7DPH>@>3I>?D?=<7*9J@BKB2M?E?D14IPF@<*8>HJ@>CEB@=?7G3AJAJ?A0=DFN4E:F96DJOLB9>=I<9JC@=A2L71F4B=J>:6AFBLLK6?KD?746;E=;0L6:0B59B?@@F5K?I9??E;9B>BA7F@;AF?IJ>C?H?GC;FFI8?L/=1:JLK>=;P?)BN568EA>:9GL5G>C=58??AJ@=?A48B=@BL>9@J?4H3L9BAB9BM=IIIH??C9J3FLIE1B&8FBANMI3G14H93)3?B@KF;D>;E3CEH::4:F?=BHFE>JBDFKC@PS;DE=E9MB:9TC;66JEH>5@8ELB5EJG:B?N7B8Q-FA8VF4H?ID@<;@5GDF<<=:E<78EYLG8N;AK@D44C?9D@JDDRLICC8>??@2IBD3=H6A<2;G:=?AD=JFCC=A:H>FD*HMD1::E<=6=F=AC442H8<=NPFE1I@D6:>I27ICG4F:0C??>:@ED693SBFDFH?1>-?F/;5HI7ABBEJJ:ADACDDM@?52H@=H6?GMA@AP=EEA9?76EF=;D?;7F:E=;LC;A68FVGAG9HRH;3>I92;4P;JLE4=A77FL7BFF/<9>2H<>>;?/>?4ECHJBJ;H53D9@C,G6KQC@@9M0ADGFB?M>:6@2JB1*:CI;6=;?EIBM<<;/&BALA0EA;?A>L:6Q=I=1=9@ID?>?>@=@?EDHEBFF?=BJGCLJBICK/->L;?;>8LBC?AA>:@??6OS:BHNHCEEBQAG6I@>FA78?5AB:>96HAKC@7D;=:OD4I;EQ;C9HA@:OC;CFA3EG9ACG:AHC:FAFJ=EGC@EIC9;>>??J6AEEDHA>CH)A;97LK6;BBKA6=EJA=EEFJ3EEF?AJF8BLV>9KBF68>G;;DF3>AN94>:+HFE/>H<:F6DE3;B8G=3K@ED1E?HC6B;EA9>EJH3=>89B6A=D=@?:8I@LD?;0@:B-I9GG>@F3HAA;=JILC:LE?JGH=GJF=E/D84EE<1K;GI+=B?OGF:I2B5M3.?==0;E6:?DG?98>@:C4CJL=8F8FDA=9J8:;E@9=9BE>@FH:>=C:C2,JA@A<:LMGB:B@=.9G@E@?DB<:F9EE1:@A>K=@5>C:B8?A-=9A=;K?ACD2G>=987M7:@<;BM@7;/*FB?<;7D?H5EBJFB'BACN@27E?DN816?G?;?:>4F5GCH<6B?I<9=B:/E?CB6CD4HA>D579GGEH/HD1:A??:@?9C?=F=E;C?2LIA6IBH9>@=I=8AE?31H<><@ADDG;BF?>FEA;A9F>?:GC68OC:=4IGIIM;;JEAE?>FC>@62?F6FMLKGK>JBB=6DCC;>=F@=D?>H>7=H?-:3;CGG980H;A0NDE:<1DG>B6/F7>=B@C9A@D1>IEJ93FJ*E99BD9C?.E?E5D1,28?IJ,DHJHF@IFE?2BJF3?HOCJEGD8J:N@/C?F@G=7C:;A=BA=<@D@=I3;=:D;::DC<)HAECR?9Q6@2A:=>CD?H5I>M>?,BC9?B:C>0?GF>A?@=E,B2;FFMG<*7?9:=AD>A0>LMB>=DB,6?EE>=FC@2HG=7@>=H7(KKAA>1A5BHS;>0/MJI@BD;GF>L:4D;>>DB@7M=/?9@922=FBI4:4EC;0FD3/@L98=DEJ+5CFJHB058=3BLKB45CCAI7?IK7BB&BAU?OBDK>9=IDJ=<:H=:E?6.B8J@HCC@5JD78AJ=BE@MC=IS5HED8H??;C4@>E:J=HDB9C98?==76?;A>?D37H49>?7PND8IFTHA8;;16EB@=.KE/35>=>I=GE>E5.C:5+9=1B4=+>J9@IG40;C94C=B:@::>>>2J@@B.EED67;9IB;>@;1G@=55@?4B2B93CI10JILF?C>;?CG:G>>9CC4M.6@@G/NHE@<9DCKBB=EN8@3GB:A@L?A5;E3AFD?:GGCB=E:ACE285L9>;?9FGH:@FEENM;GCIM=G=2?:F539JOGFC5E:,KC@J@J:D@@OGAAH.MEJFDIC3;@<1CD-05?.?A7ICL.8;?IG;A1EF>>G=DG4BL=6@?;KC7%HHCEB:A/=6?H987B;E8EFJ?=;4G=<80DA@DL<@A*C>KE>D@>>@@@>>C<284=G8<=6BG;HG>;3FO9AFB=C@@@=D8CC8=<8,?59>@B@CA<=>EBE@3=>20E:CBJB9FCI9@A:AF7@A?9BFB=2C>EA:?@>HA>9GK4FE@BIAFEBJ=C=.970@IGDBVC?>DAC:;E5959GPN:=4?E35CA<=BDFAKJ@CF>JFC<>DH;(543MF?G@C@<>?A2JA9EC4D3=;/1EGI/L>CF6H?DFD;88MFA7K8@A@=HHC<:@:D?*>>9;?;=F9);<38L25>5A=161@6?AD;F88;;H?8@QH\7@7?A;(F9=>@D<?>;?9)GDAEC6L556<6I>8D9;3A;N&7=:DG=<@GACH><==6G4F>BKC8>617JA0EB?4IB3-0<@8A7B98>B;?A5EFLV;4E:OC/:NE9@=?FH@FF8?6@7>>KQ5D4->P/C?FJ@=L?ILC48B>-;D:K4D>@N9@16IGO3I@A.C=KG>BD7HFKDC95KF>7;;A@FB:L8:?B8GH;OI=DDLODACG?2A/CCMD*59:4BDGJ&CBC?6+727DA<6=3MM>565GGFN=H50E;DAH=1MD>B=HBJ<>>E??<>96A>A@B<@A??0JKBL<9A9AL>FCK96I<:F9:@=<=7LG5K;B?=8:H:N:GEFDBB>FH76?F2-CBD3><775GA>DEDFE<6?><3?=:FFGH@@0?D@IEF1?AE<>?9E7@6<0IL53>HAF?/<;DBIH3AU8J+7B3?G<1E=CMKGG57D>G9*E,/D;;A8B-J8:7A93B6B6IC:3B;CD7R>2;EB,ED:>:;0BNA:37?H92<7,C@18<6BB,@A;?M?>5?B?1BCFK<9DBDE8A,.NA@@CF;D8LE,HGBC>=;AD9F;@D2@C82>3JK4F=6LAAIC=?CF=;@E;L:>>2@>>66F8@I7BIO?AG/2;D5BG:@BNCD>ML=9KEF=L=7H9=JBL?D:8L8E@A4>DN==AA@<9:DI1JN3KB?B@G>J@ED97FM0Q?>4CF5A;H@>0BF<9HFN?D>@;D>CG@K;>SIDD>G846?GEDHI?/CDD.?D6>06>FK69;B@299C;@@@94@I7>FO6F?B;:0K5AAE8K:HC9;G.=<>%IEO:>HC=;>E9<A=?2@;GL9K2CMDNGI3-9@B<@@A?:B@8GFE?HE78D-45BGH:?<65=@H>BK3@=HN=BN8=B@>A2HECG;0=9@9:?>@GA?C=:5@BCGD9F>;EGE:7LFDBAJ9;5=,9EAIBA@G?>B=G@D>==MEHA;AG>:I;D@G6LDCHA>3B)16AABF3DF?@C>A@G=G:=@?GJ?A=47B?F97BB>238?@K67ICCHE2;7LEMDGHBED>9@1AB@?C8G%68A7ER==6HE8A39=>@=2A;FGJGF>C@A?=B;?9ABAG1;H;1@B,2C@MB<:@;?=>;80=H>>A:MG;9AH=0>D)EE9>>BB9FHA?CL?:EBI@K@>BG3A=6@DEJ5;=;F790<5;+A*@F>B=E<>CDO67BF>CFEM=?JA.A88>94?A@?D9B78:>C9H?H@>CC9<:EEDEB777C@B*4:&FEFA9CCEC>7@?IGFA866CAD?JE=FLH?D5K7B?@>AMBF=GB<2>=DGM:I?>>7?2B@>J8-I5B?N?>:FB/:BALIC?@J:LAA15@?E=F=6>@;3DFUGGII<=38"=?13@4?<7D;GGA52=?);8E8AIA;J<>-.K:@75C9KBCKDA9FL:AKA-<4987B2KH>LBBC5J>C>=8AB?C:<4BDA>I56;F:?6B,01;EF;CDEGBC1<+HACF?B?.A>H;>5<16ICDDDI67H:'?1=J7J@+LFAB1H>OBEC?3F7D@B8.96@G;D=F=8RIBC79E?=M66BA4J:?NNCE/:6?A;HH/KFQB1>E7?7B7<@H>1@'3;?DE9C>B38>:GC7I.ACM;A?EF4H9;=E9F>8;FAA;=8@9+B=;B5<;FK>;BJJBB>>;3CA;A)GBAKD1;=B);:FB@HFAD69@D,C-?/D5CE6>9E<1R>3D96EM<7A?83BCD=NFC4=97HF;JAE8:7=3=06I<=:5ELI95I:,J93NLCEE=@A@M8J09EC:IEJ8=BDJEDD?8A;=AA3:=FGC4?GRJ86>F?;@7G<2CGDB835BPE1M97I=C7?A673E>3ADH5>6C@IE";B;<:5@I?:EAI=;8@G:L>8:C9JD<17N:76:HBAAMC4B;1>CG6?C=?DGA==BFH726?G@FAD@F@KENEEF<<-?=AADB=-DB?6>KKJ;>@C=>GHQBJ75F8EB;3>8D9G<-;GJE;A@L@:@J:6G=7C8@@C<7M5CF@7>CDCDAH7?;@N:@7/7ANB:?4B=,AD@8L9:CI:@>96D<=<4HI??I??J>DB@B?C5E9BBLO@47EAA>B@H.=PJ9YD/2HDAC?9GCU@ACIBFAG6=*94;>B:EO8C0<<.>:HE76=;=FB82B>2:,8<=FJ9CB?>8.A:???>C>KQGJRIK:@=FF>5C45I:;BCH?:9MIMEEKDKC8C>,59659F2D7:4K8B"A776;E6?F&MLLD?39HQIL03H<:5<(IJH=H-BF>8I=DG@<64;2HABC.B,F35ANJ?<-.K?@G=985;CMK@BD@9K4=0GB??JQ@9C>E=>25E;?0IGIA>2=CH/BL6?E<7LH68>.?C@<6<=G:GBA(@9>64>9I6GJEN=?>B/06I2664BO=C?-2D8F@DC@HO4:1?KD=:@;DCC)E1H>M84@E<3;E>;PF8;69IL/J?EKG;GH=GEA:C7L3;=L9E@:L9?C5J>IK<=:IMD;IHC.2-E:FHFIED:A7E<=KE6:>;=FHB:EA27KDA?6;Q:5A==7321(<6:AC02D;?45@4>1=F>FG?)AC5/4;?=;C>529H:8FA;;E<@=@C=>9G?9BF==C<94EA7CABD>D8?:A@82EIJB;7>9:>?J,6C785*<16=C;BJ98E@LB9E18==<1GBM>;8>@<9B4@C:BAKEB@J<;9C578E>J57IH@>5F:83:@:<@A8B>B;C7?EG9>B@8D4@J9AG?G=?=PGC3IGE?:<.6=8CFC7C@C=>;EF:9.?:CIA?4?1>EDB@'?7ACE<8-A:DG@25F7@GC1?8FFA9QK+8=CB2;>J@C*?7EIAF5DCDAN?4D8F<=H?4@:>->BF:<:J1?C=;J8C;BFS<5>2C:5A2J687@E6G9>A>E/3A8A>==FM-AF8C=D4DCCB@@BB-?C1CC9=9A<(B@74;@)D;<@F77AFJ2C<>?BC>BCDID9C=I?>9EA4E?8F@5L>=6FA;G5H9=C>PGCB=CE@@B?-93A?EC?>;2C/@JH9@HB<@DE9L4BDDB@GA;MEML@DAH6>LB,BBEFC@E>LFJBB@87A@ABJ.?;?;;@ACF?34F9J?>CFE>B?ACB>B<@AH>G?:C8K@EDDJF;@>CCE@D9M>3KAA<>DHIA>DABC=?C@H9KIB5JKPF@B8FFC9?9FHH@IB>8FL=HJD>>I7M;@DGF<1?7PKA9.4CDAI@6BA:7IGA?ECA9?@59::=AA7:7D6BC6EI:<<:HA;;8;O:9=>>6=>:71LE.A7+G=99?8A61>:?HB@4AEK:H,KBC0@?FFP54E@S+@%;D85LDHE8BC@2F@75.IE<9A7GIG/@@GD<@97EBJ7J/D&21AB4GCAB8@C A6@@?>C<,9CAM9=F2G@DA8J4EBD?:CBAIA@A>>B7NH(AA88IAE9I3D5<2B.?8AF9/PC<8/737>3E65=D?@>CI?CDCCGSH;9EB4?C;@=@C8KEB@JCHJ6+97H;A@C<3KEDED>>8HN65:?;:.7G@5A:KB:7DJL8I3P<>A92G-GI>JGCLC7H;5CLF?>3DCC6:H=I?NCDEC=P0G0%?ID+:<':F=I8H=D?AA88E.?C6B5=2@?78G/>F1>EFDDDAKA:33<89:AJ3F6EKIA7?AHADH;@;EA>I;/?2=I636E5CF3O;=G>J==?;8J>8B:83DFD>B9A=A>:@2>2?PDAA<9236.68C9A8C4=8B>/B>@&9">46?BAG9HG>9I>3?K<=9@CB,FGK>J55G?1W?B/::E:CIFLAG;K8D29E6<8<=/KI>=GCF;B6FB=M=9=71?:8?FC1;::;>E6,A>M??>B>2A>KCK?B8;=BHICDJBG@>B?4@F4@BF:545K=GE:7:AM@J-:7DC:F:K@?6JB9K?GE81MG'D?7E>=@J;@I7J;6=8AI=@B:2=CEII.IC:@HGE7;;:9=2??CA>:4>F=BFH7@=G7>H952>5H:?)FAAABAJD:IC???:RN113D@A;167BD2=13EE33C2>6:CCG7BPDB:G?B?NNAJ>K,?M:6?B6D0>ID66:B;5F@16E;D;A::>BD<<2:J;;.==E5@5JABMEK?D6F:@@GC@6A>DH?8GLE*F0;JGG@=K::A4BH>,+E9:G1+A=E7:A057G8A787C@?76K=<8FHLJ:D?B8DG@I>KA?1B>FFF6:7>>G=GCBE>F0C@7I+169;@=FB9-?E@AA8C19D@@C>FJL>12=%CFC:C'@3@89F753CA;CJ5Q=7BA6AADGBA>DL>AHC5B8EJABCH?5C<8EG@>F7>:/@CA;A8M?@G;#B7B=H5/N53(<==B>AJ8LB:QA45KFTE:CE39<7:@A2N5@<3575CHE,.B;F?I769C=I2>9EL29.>.GD9L-?6>-CJ@FGIEECACD:S>GRADB9G;DFBG@1=CHA65426HBSC7SJF?><)L3NFG:6@F6K1=><4A>B;AK<>B?070AGC===3A,97?7JCA@EDCE=;FH?BC>D8?9;?G=0?55HDL?LHA=@D:PC>FA0A4;:LWH<@4E=AE8O>H03@N?3861>II;G5;?6B>B8BBB46E1@=>FLD:6?:G7;GAM/A09<9G4;3F@KDEF@A-QBDF:5I.B@BBEC<:>A0DI=94A9:@GHJ4=K0B1C5A-*@B6D4A1=B6@=;AF:6;L@E@B9,6BBCLAGCB;EDDDKDB/IJE@NCCG@9>D?74M)E.B;C2D2K>8D@-FAB09?;@JGM>EB1H>8DEF:8>BH;ACBGH=FD:OCG?39/@F:J8"IK=AG@8F?B;>:B:LLJ>OQAEH<=<=*6CI?A9;67?5=@/;HDH??DPA9<:7G9>JB49@3FK4@G69GAI;G1AD:E@CF?3=?@3H5LA>%CE7BG?>>BAF7J-F9B?>5TU?0?>E=96?<6;D?=F=G=<>6,;A3>=.3-8>@H.=?H?HA9@=9>6C8@AFI43L?HB/;=49/B93E=67GD3H=8DA6:;3HC@99=659@@BD;/75A;79AFA+8@==FB8/<;9C:CF7B<:;:68E@H?/I:D?DFAA5A;9@B3:M<4)J;LBE53>C85;I?>@?FF=@EBD;?ECARGC<:DB3C>=9KB@8.K?HADED,;09@;?D=A3=B>AS32>;J/;=G8BA2AL:>MB:4B7:J:=N>=J?F;>?FO77J:@@2H7?EBN=H;=9:<42LB6><;9=DFELFE;=LEV16JEFEEDJN978CFCD@E<79>5J@=9DE>;EG<>C;C?5;BCK44D3B8;K>LDHCAE=M8;C@B?9A6@P???@=GDF5P:G3=+;@A;3@M,<41AG182=>J<;5G)D69;?85)C?@=:DCG5OCAF=E76D==G?9=7@-=E0:;(I,AJDJ@F7IJO7O4/QFK>8L<46B@?F@=7*SBE2?=DBJ9E>6ME)?N?BGG?.E@;:OE;2@CI88GDKT=7B@CK+A@A;<5<205?<=.0DK9C,M28;CA:HI+8?3?0E94>>B0:1:49DM5>E?B37,<@>9C92@12H=DIOI7M5CECAEA6GK?@=:====-:7B8<@8:A@AEPHF-5M8B6EDE1HCNF0D<;8B;T=I9@EMFB34A:40E36D<*CE@=2;A>@7C8@H'?7:HPGI8CNE7LIJFKMK4B9?;::HI9BHDA/23DG1BF<7OBD?FHP,@K@<8<;:;A81C?E>=C@?B>;C81A:E=A13CL<2?;EJ=?J4=0G2C>@84>=6C8GD@EC?L;AC;=1EB?AMF.=C@B@=?:AD>>D4C9?B2<7BA>>H8B=:B=F94CCG<>OBA?7EAEE:C:JA=B=51(<8CJ?A7/6=>EFD4INCH6B9C@>=ABEA8;A6B7A6:;;CBA59@D>L@E@BJ43?=<>>>>8J979A-DEBAI;A@93>G;6EJL<@LFA>E;3K8;<<91@ECF?J=AH?M?;H6J6?99>9;4J??;;7G81BC?FM5E=@1C.@F5A@8ECFBA34D1>=97@@/E88DK>WGKDO3CG781>C44<>I@:IQA7>B?=7OAA;7I=78;H479L>JDE78?:94E7;Q;EGG:4=2IJ5>7K=JFU?67LM@MG)A@:9K9G?9=>LG38488*@1?%?9?B?J4==D2@8>AG=>>GC2HHF-@?9;G?=HA<5ADBBCAHAMJFB78?AG;;>D@:C@7A-;GGY=3DE?75FDDCA;BHC:HS@LDLCJ?:FB;A>;:?B3M?DD??5;BB?.CC<93AI?B@K>>FE;AL>;3+>A>3;@E;J<@M18E)?<:;B;BD>B>ICE-?L@F?8CL?:?I:N<52BG87E5@H6;F9:BJ,>F<>5.@4D:=2KKICIA>J@CJI@;5J>EGIH@=;4<<3?M=:IMB&E9ADIDDK:LIJHKNCCDB6D5:A>JDE@:@?E@KCG4?BM5;>>E4@C;9BI97R=CPH;BKF?@'2K>HAB=J;8KLCT/8C09HCGG;HJB>>=4337L9DP;K>ID>?E8:D?,BBJCB=D/?B@CJ8;24H6DF9<:E@7A99M6;>0-B=BH@>?E==4>;J5EKD2A/650DC>3;6JD.ND?E77F;FA:H=<6><;=9?>>D>@BDGF.DB7N?8CD>0E>,?P5BR3D9I25>=?HB6AO?E;G5F;.OC>BBI@C9EG1H=@3J7ED5<9E/J@8=BC>7/H=B@GCFGJ@:9CE:7@A>.?F5?=AB@H>=A8:?>9DC6B7P2262MKI9:;>4B98@<:GDAL>HEH;F1B:LA5KA@AB6;:;KAB;B;>9=?E8D>>?D@5G<:>7=;:@CD@;H@NG97/20?K8:+8.B@:8=D47D=B;N3B5@B>=A9N78?EA-B::=M&58EE7?HFBF'D>-;8C.>>4=DA:8;D=K8FCAE81A-H;/=H4;I9@5ND;K=BC8@6I/GLA:/91E9@>>9;F:834@M7:MBI8DC=+F?3L;FH8>C?2EEBK?B557IF9@F>CD>KJC@76F?;:8=@#F@L26?3AFF3;O>EM:BO;J>;ME@E@D<8K??CMA?JA=>912BK>G9F5B:DFBDB6E;=<;43J+IFCL8@652DLCKEBBAA1@J@:2F7;HDGC1@E'C0D=;09=0MAHHL=CDFJ:E?7D=@E>C@E7S>K9:;91E>=9=EJD:IHB<8>I3?AB?C7C8AD@?A6:?FF=4B8A?K;1AH:@E@14I<>:5F9;@5F@F;>5H8L3F>(LEA?DJAF:>II.9DJ<@9>CGDGAA;L=@?926E>>:@B>>J8AA>:AH?C=1?D?@:BDGB@AOF?F9?;MKP;CE=:FJBLDQADA?:B;6JI=>:B8B5DC:DCD7AA=CBC>??D:D@AJ>:E??D@J5C;C:RE1=D@AA<;>8>4D?9=@H=C8C9:AK?=@9I?9A@B*A9,7F@3;,=DAF=;A>;<3ED3G;CBO=QAP1?9<:IJE:>@1>8@EO3=F557@>>N.D8=>1H?1BD40LG>7ACE:CAC>@;M5?F190GE>>??A<7M8C>?2EB;O2?8B2C59<;5B@0?KB;3595;DA;AB3@>D/7F=>0JD<@@2C=B@?=EJ??=D?@@GBL9E+<48=C8EG@8C5C'7@=0L8@7AL;>H?I?:K7FE;C42.FFCJC?D?K=BBCE=GFQHE8D=A;;>F4JB51A93C<3A:6=5F>?@C64;;@E?@?@;ABAC;JE7<=M5D>AD>-D=164<1G==A=@6@3F8=:B=KHA;4HB7B<2==?A6<@C66CD9B.A=09AG?2CFGA9A8*K>04:9?C5CIM5<>BJC6B9F7KIJA7H?E6FK;>B)AEF3AH=EGG>DF>FHJ2H(<:F;7?C@II@BA;A>=>FHAGHE;7;<9@BCEIGF8@A>5SB3KD?II2FLGDGEF=?G@GH=@N:BDV3AA<@4=5GA:CLN>::BE:JIGAA:9FC=8*DD?@D4;@CD@>DA3?7?6<@GF48HE@?8=;F6@G8>1B488B=.>8AC447?>+7AB?IAB53A6@19=CDEB=>7:8B@05GCA?KHFOM=;A8I=2K@?51@84A5:HH:29>DM>4IJ/<73CBCD:DD;;<3HJ<3==14KRFE1!FDG@6:C6;9@>GBDG5<7B>BA<5=@4G=QDF1=D4I=BRFED=LL3E@FA5755Q//G=K:?HDCK8>BAA3?D@E3J,>C?<:;D=?4DFFEG.F2:AB;@?D?E:DHJ4?PEB5MFGF7;42AEF8==DD.36C0:>==B3A5ADAF=@;J69DGC:M7DF9=>?CG28IEO>F4=DF@/E@A:@D=>:E;;A::GAFE8R;DF>:8F<9C:B9>3?9AD?HKDHI>M:0@74?O@GI9>H>E7D>8DLCH7><=ICD@JD75=ADA5<2C?Q5DMK6EBBH4D@JAGFI>:8;@9=@?:>?>D<1?BDMB=AG,/HDHE@BC>S?=BE@>=AE=@G9CC6B>GJAHD73?4@;E8A;9B/BH6>9==948K5:=4:M:ECG;LFDMFFN9A0*CA98D%6F>JEA;<99=<@=?LD9@AF0>6O8;FDGS=A9>=JA=HE>D=J<=F:?H6?1::/KAF?=)CD69DKCJFAD9HG.9DDM??5?=D:DBB4H49IC.:8.19J90?/H7@C2,?8>=1E4>0/G5FK@D87@17?ID>G0D@8?9OFI0?D@1A0L/@FCE25ECH?8G7JIM6@A3E4839.?;FG>9G=KGM=E@LGD3BA+O><;'@?J5EEBO5N@?@?9?3>997?DD=?;8@G9KB>DC669A3CAB54EUEM9F3:F//H.BAFC,CAE0EFC6;5I=K>A@C(/B5@E4NP1E3/MH-G:FFJ/K;BCB:4=@:HD;HL572E?@4DA5G>I1EFJK:9>?=?AD<=<+D9?GG;;:==L@2G?6I:?GD9KA=D<;<00;1;E+1>D+DIB:BCDB>5>;95A;AB8;K*B7ECIC;A>15@>H-F>9?C<2=BE8@G><09;1I'09@CI?AEA+@7?:JFI>8DC<7BDD2:61<<46=K9FJF:D*,7H@L@I2C-8B/-D<=AEDAID?DMCHF:=LKKA?6FGFAA@LDFGE8:B?=GEI:6FI5CADF1:D4I4G;ANN=<1E6@MN>IB=0GE=OG=A@CAJ>MA0F=BC?>JANAKJL?KD?BIF@8FDEJ5A7DJJ;H?DH>DCE@H=2F2F<@H4>CJ;@9LC8;G>:JFFSA;H;DF2D99B@>7:D:G1!.8G@7>3FAK96HHC6I@5;:;-=B*6>=G=6<>>0>>==C8JDIDHEC0?DG>;6ABG3B91B5<6PJ=;FI;?69>B9DAA?B?4?7F>?>ECA8C=H.@H=@KGIB3E3A=>GJAKPGEA@G=E<3GBC>@DEC8:>@A<;J?A25D8;HF@AF@K>AEC;;=>M9;A?7C9F:9GB@MM@K@IE;?IG6=E:=A62A>1B84KAG5=:H?IGAIAAAK7>GJJ@IIQ37;4;C@FH@>62=R=:E=:GF?0C>;A;@?INK5FAKHFDAJDLG=A8HBGNA:F@MCI;:HC?CKC.D4I8IG@FBA9HE@?4F8>><09/=>D>>K7FGFAD9;BHE=C><98@98+IFH9<=:+ADELH>H67BEI@6<4ED;,8/O??H4DIH/@0PG3@?8EJ@5DC6@:D>E=3L/9;3C3<17<=>BA>>/BCJAHKD@:GFJ=L=DC94CL=,C7>@=6B?H:K@6B<=:?/A;F35KJ5J7A3K+D0D3C=>;*>@84D)5@:68LI7?+72DF=DAB=DIM2==E&F?8:A/2=K5AGBC67Q?>,*BS?>KE8C9<:=:?BFGDEAO.&0RFQ;E>==>77BAD?1.:0E7A;R=0I3GCBC73H@>8DG;9;KAG8K<27KB>;@EDE?@@A-?5<7A1=A=57@=1B/"G02349A,:5H4HD/KD>IK8?/>>9527=C5=3BK9P=H6D>FNI?;@7I75*9JA3A>7>C5@9AEA?C+;:@436D355A>7M==88D>D6LG?9I4=9@;1MHF;?5CBDCE8F8;>DB:8F;=JIKGJFD:DB>5?CEBE;DFQ2>6>9LEC>D;BH3>/6=3J4/:KACB@G3EAJDC=>4=7>=92:C@=9CF;JE;07>@A4:;=J?KAI*:?;H@6.5==EA9=@:?K?:BHJ:<8QG43?==82>A5F?D?:@<7AD>M,C:@2DCM*:6/GD5?;<9E=H9=F=85F9=)L953OAC;@>;6=B=898FGA<:8>A>>@14D>;C8@3?:D9AHLA>=?2=:7CBDGK932F?K1/@IAA>@D<:;C>>>@C8FH3KFD@:=B>CC>GBMA7=BADCD=DB;9>D@GLP@F;9@DE6;CE?GDD:J@<;D=A3(?;=ACACEA/DGDB8G>C8E?F7CB/EA=KCBBA<>;=;NA;QAJD=TB:F==@DDAB:=7CE@GBBE<>FBA3=@7F63>8;>137EQG;EA387?6?KK.EGJB=BKKA53B9D9MALL=GIIC<K92?BEC7EF=N4:6D1ADE<>C9J5II%2CI5:9E62J@CL>@A=D6@D?:FG-ECD?6B9B;6F=?3N:;@=IDG?3@@A?13DB==FEE86135H6;0CI>K7/FD=I7=FIE5D:@BA64"8ME7J@@D@9B17G=FC?6?G@=1-7LDL;E@?E>F;2=4KCF.<:E@CD?CH@BA@=5?LFKDB66H?E;1DBAD69HB90.=MF8D=@=:J7=JJ=37:E4=DA8EC8K77AC<@E4-D9C?=ACB69;IBC:=BDIP7CD919FJH7CE53IIL;C7KFH7E@6;FE3@A9H7:=E@GD:CE??AML79EE:E,>5IEH>5E@9D9;&DDA09E?49FCGB@GHGJ<4>K5>BN:HAEBC?ECH94?G?70KIK@@E>L?BCC@K$ALQ7@>5)2F/F:3D=B;<:J65DBP521;L5GHHHG78J0;IM:KD?>E/936GH=FD7KIFB8@5J:JC;ALC?E9PAC;GI/DO5J=CEK097;OC>9A=7>>AD@79ME&EC78H>AG:A?:I=K?3A2CFN?H>=DA:=";3DL@<0=@MBAFA-.B,@<6H;;*C11J*M:CE,C?=BL==?<95::G<8@?I0/9;A5=L?G@836>E;KMGM?=8;>EE=A5=D>?8:2G<7A<:D9:;:CD;HE.1C:'>;A880>A@73@:CL:<9G<@7AB2KAHMBB?26>=1>@E-6=E7B3JH8?5DG>D:,5CEHNLBN@AIBFABBQDHC==N;=C>>9IC:FG>?HJ(BA?JFIDE2D?9CI;FFLBEJBFED=2GD=>AK6A0?BF7C<@D9>==IFHEB<:=17.9IE0EF7=IH@A?L;86@EB:F;9AE2=86959CG>I5GSH?CDF)H1EHK?N;G=8EA6EJF=FH6;I@C>5NE<>R?IB>DI;0@>IA?AGG9G:=6B@@FEAAFM:HJDDFD>N5D==9=;88C>H8A7KC?J9G>MA:@9@BNIC14;@AECC5@E9==-;E67B6<:F=BB82O4-CF8H=>>J><7JHE@8/74FDG<;GDK9:<-B8KJ>;AFC@?DJ9@H;6IECCCB5FO9C8HH?A=MAH2DQ1DC;C;5H7CBD7G9AKGCJ4H959-=MH:BC?0@6A>GEJFCCJAA<=K@O8LFBI:=2?@<@>@HA9B5?<7;=:@?=A;?ABF&IH:D;2?=HAQ>DGE>;6K?G(@?GFP86JK?,A8D@C=O;A6HDA:B50;D:CL7BI:8BG7;K8::;G:ADEBLF?BHBJI@JB.BA';B6F@<=EH:9INN@HCGA@GKDF8EB9?C?=I2GE@C=FE9E;H?0A@?5G;;4<1CDKAB@E;Q4K??;J9;8FFF8@FG?27AJ@BD;:69@FA>7=BH@BDLBHDCDA?D<6J7AHCB?=I?I<@ECABDF::E:F67>;?6E=;AC<<5>EI8CB??:2J7J:JMCB/8F9?>;KKDC8@=G8L8F@E?4K9A>;C:4?CAD4A?>L@9H0DBHEC@@C?@6;;H7A9?J?B@HD25A?=AFF>=A<;:;8E36IBHB5KP@1D0?CA<;@C=E@4C:C@8C;=OB9?=";?5E;7?EG?E@4=ECBERJ?BEK>GAE87EF4>2HDDJA0C-FFG?:0?3AO7;F8E9FL56HDDE1IEADA251FDEHE?A?/4C>F@E;<&=>@9F=;4H8BD4?>BA91@@83A,0E948E>>CAM?AR@4?>F1D;O13CE>"?6C=BI;?>;?GJJ:19MO=5/=?D@=?6;@B8@;OI6=:K=M;;@?1:LE;@@6B8@?C54E:-G>I@@EC>=KF.IC757A?=7HD;A677E89?>8:@J7F5E=DA,FE9?8A0CJB40=875.GAK6?D8=AAA@;G<@1CBG5AR(D1HBG8<7B%+E4=C?F5D1=EE?@A?7F978D9>9=?<;C;:@C=G:=3GH9:T>@@?B76=DB?L19=E6FNDH:DMAELGM8,JJO@A?KA=CW9L7=B@AD=CBH;@PFNC85BE75LG?DC@@37E88EE4)@-G9D;1EDD/=H8C+@@H613?0IEO>6D@MPEF9==?A=0:;G706BLG7BA<=E;E9C<6B@@8-5OA?E/?>%FBEMB5/7@F7H?<9J2>6BBJ>E??IJ3-56:A<7D?DABD>8E:9F/;J5T?2B29B?C?;6LDEEF=5<=8C=:IA14/C;BEI>C@ACHH09:4B;B@AAAE>BG??E5@LC?@?5.=F'>>F0DCE>H>975+@1AGB;L9@MC:4:9-=C3>3::9>8@=5FBA9?,BG0H7,>GT?2D299H?>GJ6B7=@:I=DDG9HA@B1;.;H7C177HF9:.G856G>AH4=>CAB&;O5?AGD8A=79<86EJHB2?CD3E6FI3AE1<36@D@7E;3E>K3@L5%A;@857855A/5;EEF8C9598D>JB6<<-G>=K:???DHE@61>A7F;0M,AI>9A2)3EBBI2>)H29;:-1H6<@D?;C,>CBB=C?@<79?B/I:;3:>8;2:A8L=C7:,AD@D@F?>?@=>>DEJ<;F:9L+.E;D5CADE5?F;DA0B=L7>E=9;7BC5CJ6B9>M?C=A@$I>GGM=>A>@6F<9C@?D;?A?I82=6B<>7>8>ADI7D?>>G>D:K;E759:<>5=A69FJ<MLIK@N7?JK2IT0H@9MCBII;8E8@7;;98H<:?C5>>>?D@0H;H9C;EJ?:IK8IC<91BDICCCMMJH6>CACH98G4A:QB:KNK9;I<;EB?@=FKD;?BBCDA4??;D=6GFD<@;BLJ.7H<>FCC2K6P?8CJ=>ELCGT<@@8=?,=RA1'=;=DK>@62@'JFCCC94AGD@>6IB*B2IA91<8;?0D59=6/1N9B>.>25>=?HHKB1L>9P2D9=4;&GD@B1:?>E;3K:0F?ED=?B;A>-C.)@+=Q@B<.A;F3)=?L?O;3,)HM1/1;D@?CC?):+D*BIA88.E8>:HB8FC3F:F=CH19CJ?8>:9?@99-A/B:6IC6/RPHJ79F<JD>:DA;C<7ACDD.LA?<;HI<@@87AI?<@EI;;?9@NL.9F>@GL;EEABD;8B?IG@E?1B?A@E2D;=G-I@4=BG=/FD:8J:9AAIAD4=@?B6:=EBD>2K=>>=EIACE>2DF=JJ:J>E<;EA@9BE>?03778H7AD6GYE5==1=GL@B894:BB09H<5C:=8G8EAK8I?G:79:?:8G@0?A8I?;I=A27=83=HFC?D/6H7GD>AAC:017F607<<6AACG>@J.CA*;C;BO6BF=4AG>?AGF.2EAFF,=??FD26BD5F;;>@A:@DBC79>>4G-?%?:9:@3093;?0@B=D<5A:?D?:@6;C>9DF@C<47=CC>3?*E7+3B>77B8?<6;::69B8@:?3IE2G<=@D=9;G=E=>BKF@7C>C7K=4CHCB9BC4>=DII@DD1D@G=?L5:KDI97:@DCBH7@H>MB;H=<9:2HE7>?6P7HAGG>CE1K30II@A;=54QLD=?CAFJ9$<@:I/@E;AJDIDHB:>=>CH=<=DA8><7@?G4K/;472:A:8;;?678>2G8A1CI5>IIF6@>H>F>RE>79IJ:7=6CD:C7@7/?:@@C1CDDF?D8:A64CCHC24CA:C2E:D@1CD>53SA47;KB:;:E->F/NCFHIHGN?2A7:A9=@?C9C=CD?;C?<4FC?KDA:>FG<;-@?FJGF8?@B3@BAC1<71A:176E6HA:FIJ=F>>3A=LE?FFB@6G:B%=IC>C?M>3BHBAA;D@DB589J?;<=9:6BC?47FIM:8<;>B=EDBCCH=BG@@G3-@HBJF87H=BD?3FL80F>>><@D8BJGD:;3C8KE>@37>EBC=9>:E5I4ECE=0>@C+?;C?@:C9:9A&.955C=A;BED3O=AB/I0<.7>2B<6BGA@KC@K>?6@D=@S4:8I>7=>F.;EC+>B9D>798?>@;;:=:H7,5/C#>DJ8A=72<5"3B<6GAG63@JG;H51A<=?:?73=CELCH?GPC4:G'=JC<<5D49>=G<*P776ANK@:9?KK>D#PC;CD>?E=F;9:6?D8:4NEMD;5;8==L:E5?8=@1L48"<0A1:9:>?@DBC<8=6@2DB8@=?=;;33JCC?C;GF;A4?,EHF635CG7?>F>67AA?G<6>98M.F%C=>D>J:AG8BH;L7?N=D8EKJ7AFA=@6K,;QC>18JA;;<=9<3BF89>J?:J==5,E2:65?B;AM@K;;H:5Q;4><8=<<9DH@@97BCEFB4;A=DHDA:BBG<5F@GCE;0A>:D>CGK<6>D03AB@-@BCA7H@F;<4D?FD6?K70Q=2JHQHI?D7G9EG2(I@IA8A97KE@CD2:5@DLC?69J=7@DADCB@F@BAD?>A@:JC@46=4JC;M?=7DFB5EFC.?BAG@;:KB;@=DBAJB><>2F;77D?A:;K<>28D98>FF8<<>A=A5?E>>>EI:E>@EEDA:?1)7B./>92>?AQHI?673OB:=F<;BA?5:0G0GEAAFF@:3EAE;BHB6:9+3@CH7;EK:CBKIFBB;FJ:E=HEC@77:6C?D>BB>N,D?1NAGG==3>DA<>=:@9@D7CCJEC8G5GJ58.CNB8B7FJ8.C8?6CG@2A8D9G??HI@>2G;FH8CBG88:;;B;2IE1;EGD7;@2@:>C@@KG4E8C=5C71@B9;B@69<>D:;?6;@J9>@6CEBED?45K?6<73K=6HKF@@BCD@?<3NDC>9E0K=@>JRFFI9GB/3C7FD;G>&A:;G;KEAD9BH@O<,@N4C>94%GI9IA7>D@CD9?HCE9?:IC:;>!77F?BJ0:CG;CF3:H7:EHH676=<4E;@DOI39EC6@/C;GE@DKBC1<7D=H=EH"M1CB9:-DP>AGB>@BDBJ9D@BEC4AFC@BDGGI5CAAF;D89=989:;JDBGD;=K3=5KMJC=?;1:7?-O5=FEK=::?D=@?EA<9KBK-G?9BBAD=I(:F>FDFJCA7890C2;=DF)ADCF07>E>6=QJ3AE440@/4C3AJ1?5;8BIHC2=2M9?AD?@M,:<95J@C:4JF;K:1/?D=8@9;B@-?M/;?7?B<9>ALJ84.K6?(4;><:?@DD8Q?=@:4BE?DA>3C8BATE678@H>=DMJ@G@<=?LL>=97>9>ICNHB9=6>?D@NC6F@1>-EE243KFE=8H@;5;?E3G3707?E=B89KE?=B=EK??B;:9C:D.AE=+A5E41GD326@EDC@?1E9M>2,1;?E7?5DC;=>?=;?+D=D@4;=LAD7;BG2:+<><54>F=F7HOG1?DAA=K4D@B>C4EA9E@HIAK60<2I@@?3;@.DK;G?BEAF?A?C>CKJ9BE@1DE<>A6I>1C<5FGDC77=<=*;=GE6>40FC@F'?:GAGIBA@B>;C:C=9IC;JF??:I58764A@72K9874=D69HC?@>D5>>*73;@N2C=I?DD:A?AI=<6:AEGF6AC:F8H,>>BFD:<=;:A@H?0@<:AHMAD@P8?AH*82AG:4>@K@B>E=>>AD>C=D><@G.:;K:G@1A92HLC<8A<9E8::J=EBCCA)=>13>-BI3E:AI=2A?AH??>,;G1@@4C2C@ML:;B:4L@EBD:?DCDFBF?=BA:9BII<@:BIIE9@JFF?>@EGF;F-B>>7>8E:>?60AAAGD<:G:?1=0BEE,?OF>784E6D??B0AJ77EDE5@GJBO8=IDB:E3B>F>A?=0@FDB@1:>E2D@990H;C<2@GC=68BH@?DF?;;D>JBDJ>D3@=>CME/3G@>==A8D:>K=B>A;CD7.;CCFBA;D87=B;2=G=AAL3;=C6D=9<>B4>E2A@C>LEF>09C?G>FC36=D@8F-+F24=7DI5BA@>B3;;@6?@D:@C5K?GBEB:F@BMF;I?;6CD;=@D8>@;6?I4;DB=KK:BCJ=;B3D:DDGH1@5O78?BGDCB?=@FA?:?AG?AFD=@CAID85EFFF:A?B90=C6L>B7>93>@:DJ9>9DB;/G8@D>7C(@=FA;/AE:=?E<746;CA:D>D0HGGHA6;@6L?=FB35=9?=AO6T;?9@>A>?B5F?@CAE@V96I=@6?KC:593H@J1F4D,BA;47G@39=AL8C@CCAG:DDDC28AFE=><5FHDAI@9FK>?M@<>;XDDC.1872+G3?:B365=9BLA=F+3B?FB1?FXC93?>@:G?ABHA:@9GJE@A.>00?<8DB9??+194Q+AK@NAB48?/4;6?J=:8=2A7.BD=FHG>+837D>;B?Q;C+?CC6GI2>9C@GH8:D6AD?C?;<3HDG9>IA77EJ:@=BQK=KBG53K6?:7@7CCB@=AEH<@K<6;B:DLRBCBE63&;@=6;C4+9=?C>>?>E9D>B=>?8A9?8A48GA1B;@K9+>2<(30:I9H=4@7?7A4:@C;C:>@:>AE<=A8HH5=H?4;@3GC.<*GD5@AH>8AE@E@F?<=8@5=C3K.86=;I>C?AE>=.H799D=6@;95>IK@7A?<6H2:7F=9>BO1BC'E1@A1FA136@?;C0@@4N1@2A72<@ADDE=GD6=DLF0@B:<2A=EF1C?;>B;EJ>-96L;<@967?8?4@9@<.EC?ABECJHF>4G5K;D3D?F;5A8N@A@7>IAI5D=93>=>/E=8AL8HF=,C=CC15JL>4C2F6@=GF6>IE@036CCF9BCABHG1N?<>F9@BE0F42>HB>8GQCB;?>K;FH=0EG8FC=BAAHFD<543C//5E6;4EA?5@9F:3=*66F7EE@@>>C298BA=@(??8:AF*4>GF6=A@DDC>E1;5GF53E*2ECIM4G3?PA7>Q00K?F7I6>:G;9?@H8:;K8@2@>@;9;9:KAGBC=D>E?@>H8??GAEPO>=@7;BB3GA>FH:C8G*EGCFAB:LOHKBA9J5DHH@L7BE2:=B2EHBIB@G2=>=?A*/F58A@:79;?:;DE@7K?EJECG/HH@6HD:=;DC*>8D7AEBAD7IE8168DCFK1<;CADK)M:@G<=:J3BF<9B49B:E>>:@8DM@::MD2B>F>?@85?@==?KD.9:=6CAH1;O;E=@=<@I@;1C;4H?-59C=F14EC/LAE+84JA4?96CD63;K-A95IB2;E<@;3B3DBD>2A89CB:C?=A56F:@83@EFK>CC678?J3F.4B>FL>:CB;>F?JD/BHF8:ED@8:D;GG>,2<6A=>88,@';B>L>/7?/6;D5;F;F9?>8EDE=IGH@>9ACAAIA=F0J9J>M>KA??@=3F1?EJOAIDCC4F95H.=>=I==?GE?4=G042=>7A?:6@B4=5@HH=>?IHC1?7B2H3DI=6>=+88@A;>;D;B30P@=6MBEC>B/@9.GGG40>:I?/A8IB@5CL::=:??HB'C.9:B<4?CB>8DCGEN8@D=62D3BA=:8<9BBAF9AAFD@;;F:H:G0B8>=7/>ADF?CEK:F7D?<-><>AE=CG;=?<=@HE<=H>=.EC:H=//7?5LGD@2/J>>E@H?>ED&2A?>9?BC@F8B%<9PC@4:,C3F=@IB;BD=>=F9>CBE?ED?@;D;5=7.C2EEAFA<.8DFGNA09@;><@D:L7A.5=>:KE78:@>BHLB;::7DD?7,?13@>I7Q6EJ@4H@-;K6EGFNG?D?A.A?A<:@HG"EFCEHG==O<@?AIKK<@<4>:6FCF?EI@:0?<:C0C?87)4+1E=A46ELIC98CE;C=4A8:;<+8?@AD1:58CRB7EH?6@G9)900;=6=?2BEKC:49F:7D;=EBFCF7D?9-BC>DAAF=GFF:E59F:6@=BE:B?B@J2D<7B:?@>74D>AO<9A6ID.J?GLB@>CEC=@<;C8DBF:FFDA/KD@><6EACE8K3EB7O=>:3DF=:@EED5C;@<@=J?7;B59:4F=IAG=9D<>A=9A?A=:>HGF?;A:<=B<)FF95J7C?H,HK>9L@<==D5CD74=IC:FBH=BD6168CMIGCIEQE?BE1;;B>CE9GB8<78:JD?>;AE@6G0I>MG+H99HDCGD=I:=>C?4BCL5BDD?F29CA?8C<>3?HLAKFAB79:?PE60G??A0A;@H9H;9C7LA86;AH;AP@6Q?AO0,=J=B?C0:4,553,?>6>=?1<@6A50=8:77@CE6@;>@J?ICNAD?D@HCOC=D;:GK2=4-:G9;@K=9BDG6?B?>I?67D@A14DIILDA5>;4A89:GO8F727> BHGIEM>>=EBBI.JT):I=ED,G525ED>?@>B4@C;2DE>M5=+D5D=:EB*@43?FI?-.DAMOB??7BAB?HE?==H?DA;31=297HIC>7>);7@<9GC65FABM;D6C@89$:>9BB>>=@ED6866J?HA7?<6HEB=75AM>58C?DA8O5==-G@='9C>:7K852957:'BA29?B;B=9?>?G3>A>GEHK95G>;@>-9HDR01@K?>6B7K4FE?H76IJ1EEA2B?5K=9B@HC)AMA<9DA5GPG:99B5=>E=4AADA=67??3D>M*=G?HFA<*?7=:LG?GG8A/D-4N2;$0C@?;CGFC6BF;@9O;<8FKC2?79C1@5G<=L@DEHIF9@ADEE4::7BDHF8=N>@CB?9B4>HM?CA;>D4D@E9>GCF?>?F?@C2L0BQM>BDM>=;?9>C>KAH5DCE=DFB:FFB:HA=7>7@<@I@EE?FH<7ED88B>=4TBH=BAGL,>A?FIKKDDC=4KCA?A:HABDH<2@>A>E=?<3?<;7DAAE9:)/9JKD5FC<0A;5BHEBD:D=B9.9DIH>.=B-?DD>1GC=7A.>DK=3@4;5?@SC7?>C?E8B@?LED/7:AEFDBB?HD07@4FHHEBBGDE>6;AF?4??8=?DAMGEKF7;B=AFC7FB;N=@?57G2FAHBNIING>ID4C9>IIR?9BE@@>D=BDJM@9)HH>;JA>>9E=CHE?=7C;;9A;7C:C@D:I2DE><:E5@I>9/HI>8I9EGBD4C72B<+FA8>B9BD3:M6J9?;:G=4@6EG:C*F;;:9C:B?06EA6MAAA0<68CA:5C73EA>I5;E@=IF2:CAAE6.DDHBID9==;G7EA;5'9BG?>>CBC>AG?18@>EACE'9=C;MHMB+,CFD@HE=C:N5E7>K7GF8FB7A>MB:CB?9GJ9>E@358'=B8CK79?EPB2DE?.J9@L159@ID4@K?@GB;D?3A479A@F:AD=B@->5FB7H=JC?@C=F8;4FL<=C>99?5BH7;=@=@E?AF;@A22@A@8EIF6;G;D>DH5=K43?N.;?I7<733:9;C=:H=G73MEH19;6A5?4=K@>?LIEELDE9<7I8IF=;>B4AIE?4@9D><>0AC>8CKCBF:F1D7<>;<63NCH,>075JF8BG9OK7;V>>8=A7,=H:B5D9:D::R-6><@>4+5124,C7AK>:5GF4?01FC64C8?8?<7CL>.I8F:C;>?4>;B?G6BK;:H@9>E8>?ED?I@25MGNE?B>QC8AHBDF@7ND@>;915A=KGN82>;F=7K=@E>G0DKBAE?>8:??8?G?LB1D;;>-2=?4D97:>8=BGAID8DF=?@>/H0BE=:<0E8?LHE>EB=?9FBM?6H>D25?+1AG/:LA6=<7G8;49C8TEFJA>B8AJ:FF:DAE3J@9:?BA7?:EAI;DJ6=9F:3B84?:;7<>3HIG5A?FE8;9>CH>4BC4D@BN>8H>E<06;??G1BAH>3E1=OS@R7;7G>AACA99H@E@BBC;@2D@EC.BJ=;>;J>9@9HM@@GFH;>G>JCC@FEKAI@BC:HB=<>?BCBF8H?JD6:BHL0EEG>C@7?CGA;A9A41=B?GS;BE?TF43G4.<73AFD@5KI@>K7@A>I9GB>*1@B+74F;@ME==.4:0:C?FE3B7=;E=6@7@B?BF7:=9@1:AAB9A>J<2@5?:>E56BE@<=DG6DJ:5IK145E@I<;7??>GE;J:E44+@8=CL??:D=H>EI1J>=;D?2DC:FPHM5R<=?:D6:I;??D@B?J<:7;?JCF=6?G>EAF;@M;5BC>J>I?=CJHD6?9=6:J@><EE4FE?=EI3ICCC9>5@527BC06?@F72;:5;:>5A>>B1GHHGE85.DE>DA9MMF;J?/9I=8=@IE:GC9P?=>51D9GE=D78F@ECB=GEDFB:5?F>JIBD=+BA8%F9=B5D865>>=;=5FB9F87><>H:C<:FH9?D@/HDBAJBBCCEHC6BI;1F:C5A:IFE84@9HA43;@I;H-9::B>@A)>79E3B:A@D:DG;?;G?E,AB@C1JMG8DAB9@CA?8?F=:>;;@4?AA71CNCGA@M@@NGACDG?KD?7.LE8;43/;BD>@?;'A:;>=R2<=AC6@5=-;AA92@9BD@36BGAH:D@CE@5B;GNCB2.F>-CBO2BEJB9DHA;A=9M;IA/D;DLAD0FEFG.75<@-?8ECG2@GC<@.*@3@B@48221-=M9DI964E&8A2G<:5BFEC4AACGJ==F8880>;1KAF<;K2>B;4A@?>D4;B:YDHA=GE3::CHDF9;2:@;B@<@<@CG=E8J?CDEBI@CA5F8>>FCA0FB:<0G.1:;F0D;@F@1;EA:D:E=F+F58/F@3/7B55EI0<;C5>(7GBLF@G=FBCFC;KE09J1:G@C898EHCAJ2?@AA7LJ>ECAH7>E=@<<:F<9>JDAMGEBG;@?BFBCDFGD;AEH5DEDC;0AB?;GA=EBD=L?@5=E=5G9FAD@F;C;E?6:B;=D?E:C?;:>=>EET>>>OA?5;6H>I1DA@?@AFH>8;D86F=G@5@8A@?;B>F4?1J0K:@J/7JHAB;FCC@BFHI=;J@@EEBG?G>ECU9>C>=H8I:E?F):E4?E>=D=DA->DFB@8EE4G>A>AR=?H8ED375BM=8O.A:A5@KIA@7E:99?9/?H@@<8@53?G5:7FDICG2IA43>>K5C;9?E=:>D9HJ*AA.LIA<6:>/DF=CCE=L3;@AG=:DA>??FIBC=5M>8>C>?>8D6G2>8E@87;G;;@CE7F:FG;;8B==B6==@;@@>FA:8HDA@?JFH;?>+<?4699C=CGI?%;4=GCHDGHFFF7@7FCG@MFB=D6,9?=DDB=IBDD.:-;2GF6:5I@9A=9BHF3:K7=F=>?I=7I4CCDAE9;H:B;G/B918?<@9:OAAIC;BF@@@CC;0E<7DA9CC7AG@>;NIC2C;Q2DD<;;?C2*2==O$3@G:9D@@?;@@G>6:4:HBBE8MB@?7=-?>?:DN>6I95;)7G<9<>D7F.?;E@F?AGHD,@9AFAD;9A>44?B6;;?@;?>'697IL=A>@EC4@G4EDCE7C:G9-B;FB;%NEE6GDD@9CJ:A64H4?-9D=>=G7=C)I3>FC;N8K7:>?BC/EHA77>C@4@AD@>E1=I5BGA=;BI5E@>8??:A0:9==J5=4J9P@AD?.HB=7CC6E489BBL@GG>H64=E=9>@I;=3CFB=.?>9;>GB@:;<>@>5B?<6G6B/J-9G@D:%A;=B;7:5F+593D9DEBI28A73CC;;@M9J:>7:@B3@<@@>)DF;D>.C==@CA:PG:?;:A6DEA?B8JFG9BJ@NE9L:7D,A;A?>??K?:FDC?.8;H0>DI?>;:=7BB<0D@EAC>1=F@JGB=3ED:?CGEB;A8A=A@B)E=<=.8:DAC?>G>N:7>FC;6OIAGDH?>528@B8K9A=5AH*3@@8D=7=B7@:A==AKB3H.BH8$1A7::JBJFEMFDE=3GDGH;96?4H?E>>=EC9J@DC?KI@@C;E?8@<7:EG?:C72FI?AFAB5DB=BJGEBN@@=::8GJ:2B@FD332BP9@8HCBE@=?7=-I"-@?@9>GA@;F:E@:=HCB<=C>H9B:,F?:>6DC88G@CBB@I;=F:A=K=8FH@A??81@*?@AI5K@@A>BA=<7AC:8@3F;E:=B:7?;KHB>A@2@B?3<9$=9$FCEG6F>@:9?KPB8@MDA?=.7>?>K@C??:C>F>@BO79B>DOE51:HB;LEBE>:ED4<4NDHC;;?B8C?GFECO9EB:3BHH?A;;K>J9G4DF>G?1F?EF95D=??@B9EC-:=C?>B:<NA?4@5>;F<9;9A@6DCA?C@BOE>CB;G>OGIIACC>BI?M@O;70EB7I:A:IL85D8=>J9=9E<;ECB@9D<=FEFPGFC9D=HBHAECC;?038?EE@J?49;F@K;EAK2A?=I4?CL=3<<<9>+;BD?@I596E9;F3B;O4C@4;88@=9A?2AE:3E8@7.EC8:D8<@@9>8C70>C4BD@F1N7BAD@9CAB=1BEFHQ@4=:>9%;@SGH(>?/IF=7;=GK3>F<DC>3789A?C44>9;3=25D"D=EJ>:P:7688CI?C<2J)@=260H=@EJ(D93J;JC>35KD<;C=H>BG:>C9IFF?D/<>;A=@:<=G==822=B4H8+F<@=CJKD>=?=9N?8=C@GD>=D:=@3B8A@E:JFEGE<.9B=,6;>=<;1C<@<<84;.?>;79;>GCD.J&<9=FA8@6A9'5BJIC=I?I=DK2L-==F3>=?F<9=;@?@D?DCEGE>@=9=@(;CFA><>*FG>J?>@CFB3K?3=D9@G?DLA9.5B=@CB@+GHW8HF;E7367M+;=>?<>>D9D>9>>>D?A?A7>>3BEF6>>K??AG88@1CBD=C?7:>CIF892GQ=BC2?C:14?<=;>C@F/B:4HC=6G=5BJO2>#@<7<7>=FA87:?FFF==;D@=ID><8DFJLMHDL?>IF<>@?D=@+>GADAG>:ABI@E7B3@?CG<<;?6?FG4AFHA6:C;=PBE8EDDDDFHG:BK2>;0;EJ@=A?@H9CA?IG5B8FI=@FHI;;F:8>>F<8;IF=;98ICD4=85@A9MDDGCEH9F=?1=58?GA2E5CC?E9DK9C88HA:A98;L1?=G6CB=B5BEA=?<5=E@;A;AC3GFF@A78>=@AH>$C?.6:A@@GJC,@H7IDBCDDAC<5=CG837/G7HIE>94=HFB<*EQB9H@@K?F;BHT7DE7H9ED6KF4DGBMFNB>A:4J=K;JCDED54?HFE@9ADICBI2AGE42AK4?>>>=F4?9@EJJ8C?J?;HDAEEJ>@IF??LE29(;=?F2;:A5.LB@GK?9J::EI5;>;1@EH?:L?;E:5REL@7GGB?=H>H@JF,B6GG==??;8:=FDI9O?7?4AII@:H>ABG5B2BC<:6DD;:>9IAEDEFEC-4?EMABEJGBK-F<9?;@D4D@G;99@A@24FAA:HCCC3G>2/7AR=5?J;C693I>G=C7<<;@F;;?FBF42FIB=EAGC;?>DAJ>D9:3F=ANE?<4;;@?II8>:4;>B@GJLK:C@@589H:5;17><5:B;HID8473>DD:BFH:@;<2FJ5A*9:>;6CD?B9P@8?AG?94H=H7BD@H8A@=?@<<>:32=<:0@<9F==I/BEACCF;35D0B>I48>BBFE=>?AAC9<1L8:)B??5I93;>?/DG4>:D4MF>=2EGC?=KAHG>IC10ACC7BH:?C<7CD/K:7B:B1CH<4C9F3CDBHB81I8@/D@2:FIC55.B5@HEE68;>HB:KID;9@DD=AL-CDF3F6DC@BD?D7=;EA><>?;,<6;=D<7:7?;?*1579BC5;>=B7D<I=B6;6?F:BBCAB6:@D?BE01@49@B>?IADCF0;HO6@BA=82A4;;H;68BD:;7:I;J5DF?58C=8H==997:B@<;?0*4EFAG?CNSAFDFD<:G6?KLG:N<G+G<8AA926FFD48C>>K6?8D@E>>A0HC8?E=>GAHF5CCEC1A9>>A?CBH7=?:AF@>??FCEHAK8;HKEH/CGA:7A/C?-=BHCBC@A?G@<29G9A<9;?B65?8A69:D;9EK:;4C/?EDG8FH@JGKF=I@L@0G80AH59@B@=.=5L@4B;;?C>NF?E:E9?@4MBCD9AB@DC?<9;B?G5=AAHFBD=4F>EDCDA/CF<>H>CBD@D2FEG?GD@E@C@AFJ?;C8>HE49EG/@D40A>B@<9759EE;BDACAG=A8;E7BC89:ED7<@?E96E@;5FH=@=C@BB@JF<=DF=E>>?>35EHCHF?7I7BPE:NL=DHC?B;ABBABEH>36CNBJD8DA>FGH1EBDBH7DB@=DBE?2<'DM:9QHABNB@J>9EEB=:D998AA>5;@?DI6FEBMGD1>:6;=F@B@C?H=IK49K>@DG@;>AC99F:G>J=;BHGBA?>E@55D@DF8@?ICBAD8I6ACMD1>?D4/IFA8ADB<=:6;=?6@;9D>3:2G:<8IB:BHJJC=<3/6HKE>CIC49D:H4'FPI;:?KA9@;B@E64D8F9B:=7GE>BB@48/6:1CIJD65A1C>6C8*JDA6EA87B3CDE;:A;-H/FE:D:;:83>C@7AEA@>B8?*5@HA@9D9?J>9BA4B&D@=LAG8IM?@B4JFOF?E;>GBDC5EB>DBHA(>=3B97;>C3@BG3<@9H8F,G2(J94B@A@>B42;FA25;902DBE:7.:G2CI?=>>92A.@?GC;A9>LE<;3M@:>B>F.:8/<6ABC>4B0K=0D<5BDA=@ED9900FA=:>>6C=7I@<;3=?<>7<8F>EE@=?.;DJ9F.=+PDAA=O5@;AA9@7)Y=6B;0;G8BCCGB<;E=HD>887@F9G6=A3AIL:<4=;C9;>JA@N>ADL?J<8@9Q?ABIDCBTAZBH9BAH=9C<==C:>G7@GG;=><@DC=I>:A05B5=6?8BFD>BC@G<@CGBC?C*9:G>D=CDBA0==>-@?@?;?28B05>C8*=2@B7+=BD059E:A@707D;?F9BB?>CI*AFAA=1AAMC8G;D=BELB486GB5?:BIC=FF98H6E>GB>?D8=ECDECE>B8;:@KEG7:A=;?F;C4=?=GK<=F>D;IKC?8@BAEFD;A?;8IC=E=;DDB<=4A?E;8>?:FK:>HH:;6I:CDC@B=F;A;=G@6:BCBM???@C8@H::2;(0J=DAD:KB7@L2A;AD86C>?EC6HDGF>CA;2A5B@DG9E:=>?::CL99@>>EE?=<6M4AJLB;5DB8GE@C/5A7@GEA;:0@EEH:=;>AEA?<7HB>;HCG8D/=G9BH@H78BC3G@G=;6804BG=H?4CCFJBIG<5AA5DDAA>??889?E@?DBE)6AD><3CJHHD=H9BEFB=E=A9=?B5?@=5;Q9?GDJ9:B?ADCAD4?DFE?<=I@?EH'>C@FB@F@9C8>:=E@AK>>AB?F?F1C:GB=:CH6F?FB>@=87DGCCGBAJDDD:KB7B;E5H?D>BD=LA9EE@IEE;9?E>:>A=F@@>9B<3J=IB@>JBI>E@DA@>GB=H528D@;@7@?H;B?J=;79;:=6>3E?@9C8I;LGHH?C74I;0=B?793>>.E6;C;2AGC9H2>>BCKK?4>B7K:=?6<=:=68>F5I?>8IIABFG42?9JHH1F=:B9J/;F7G>A?<>B;?E6HC5>4B78EBC;D1AAA9-EAAC;58E9O@:B8CM8E?@AD2;?C@1;@:A?C@V;=EDHM89)@+<=A?L;6H0HCCDBL6H05??A9:?)1BF6?D>40,@+7=<4FF<:H@7K<@@A;C4E<>--B@3+67@F587?JA@C&@-C;HGAF/E6F#?8?:&?@=BK732IG6BF9AI;C<4=?DEEFBO=;EAP1L:LBAB=H==50F?AKH8H8FCI/38AEA>GID;G@E=@AGDHD:3?N=+@4;D9=BA@A1EDJC<8GB?D?FAGB;BE@:BJ06<79=:ANR@;B?:>JD>?9F>K=2EJ9;D>:2>L!CD6;4;A>EICB1;A@@FE?:D@4<3@J@:09?;7FALAGFF8@?=;E:?E#@?5G<@IM?; DAA?C6/:<8;N?@16EB>1>;060;=F;3A8DAI?:9B>B65:=F=D68B7EEDAF8E@;<7>;>8@2?BC>F?>?>E;C;A?EBDD6A,E@?B1AE7B:6C6J<60AHC=6;2:C:N<@=AD?6BAA?7;ACDD57?>I==A?2FB-?6<7?@1HDD9FHBG<<6A>9><8AFH8,=9;>HI=?JE9?A4AGFD>LHBF81@A*5>)97JIB>>GD@B96=DB>C<;FC?E=AGD:@@CE93JD>DFCD>D7@CHJFC?D7=E6C4@1BA@41?JC:G>CD3@AB:CC;*I9:96DC993D5,6<2:B6F5G:,@4F?G<6I040FB86?E@BEF@AFIB<."DFH84JDBA;>OL;BFEA@6C9?CD;CG;9GB56E<:>9?J?83G3>GMEILF26:AG<>A>F<@6@D><=CFII=:88F:G=8893;A=:?EDFB;4/@>KDFJCGA7JE2?><;BB;FFC7BD=8>FD900=+EEM>H?A6=FCA:@5CEI=>BA-A7AFCICG=78IF?CH6?@ACCCKB=CA>IDDL=0<6FJG@4@M?DG9HBKH49HFGAE>A>AF?A7CG?ICAEBO?IB@A48B2==<:H<6>B=EA<3;9A?@C:D?CA5A@4:;CI.:A6>FB7=8D<=?E99C;O>=D79A?JE3AD=A?D5L?7A58?E9HDDKL8B<=EF/+@?@5:9;CIJ@@.>C?A;CEC93GHC40GNZ?;/A,H=6AKLBA><15NB>>D6BE<>:87B3G4I3GC(G76A(3=2@6D5M';B7<63A:7<(:D6=:?F<37:AH>7>?<8A?4;1NH.AB<5DA=?G:>;@;J:67LGD295AE:CO32@4>3@8GA;A:=,EHB73=A;=D4@3=D4?;C.???>/DB<;0.8>L?FA;?3=9@=3D-3B<@99B),:?3D@@0<6=D?7@EF6>3<@D3D>:2G5G:9@9@@D:DD@@?*?>0JD<0LB86?6@@FI?<>=8+E=::?:>>>G:K9?G:@9H@:+A>DA228>DGJ;;36;QE;>?9BADB0C;37A@8;:FB8F=@@A@GA>@D<3:<;@9@0:/C:8@<13=A9@A@<9KDB4>;;:H<9KD=@=><7K;;B?C;B;<==:/@)877?==@A?;>BB08;>:B6AD=>E:DMB,CC?BA<@?@G>E?84CH9D(LEE34<013);=<3H=G2D3K6G?1)>G8=1DD6B:>?0F=1E@4?E?IB6F4A:A7HD39@@ED?6#B;F=MFDG<:6DF:>F6B?H7H@8=@:=A6I<@9EC=;CG<)D8ED?=9AFCHG:E<4;7=?H?:A<:D;?LAB>HEG>>=CBC>;H;AEG8>CF5<7;D=AHIHJB<:A:AG7?IJD3>=47>=/@:4?ABA7BHD>B=J;DI?>@A;?:DIA6A38=@6/D:A>7A?09D7LA9E9D@@65AFHEH=7>1H:>EA>:?<>E?A3J7E7:>A>OJG3=C66CC=D2A56G=272;D@CLG+@;C>9CG/A<4?:8C98IA2=:<@H@C2AGDG?AIKE:7A;C?4E7@CDB?@66D3CF<=@>FM=J7@IEA4D?E3O777FBGF&B?D>BF?GBCD:B>96DC2DF=E4@DDHIJL9BG@=CB=9M84HF9DG==69;EAF6C9@HBA7B=>D?BI30F?;@AI@<<@3CACD>C,D?19IQ1EJD@>=?B?BC8;C:B=@:2F8=@G>>?A;;C<3C@F>;8B;A@J6@M:C7@CI8>FCA::578E@4=EF4L?B?:CAJ:@?H>H3GCAD8?F@0:@9E@E>@J=:D8>7ADCL9J:>;;7D797:BJ6GK2?9FD;E7:>98::5=?=@4F=>>?@>A1=/A:6:7=9;E6;B8@&9DECE4@JH;2>4;D>L7:F9?D0GD>I4G1I@@J366-C7,581:<5;;;D2=GAAG>,?:7A/=D@H4BK><9G?2N=@C)5HLI@?@B9=LCGHF==B8@?C@FJ8=;855:9@=@EBCJE;B@/2;F77;63?D76:<97B=DD;?CCD<9D:A9CE?@?E0:@CH9:;=:6I>2:H<5=G:F9%E;6@2BD=9C<1AECB5JC26A63>+7:J7@CEAG@H9=6CB=:@@:406B5C;C><>@?2?:=74CD>G?BFH>:<9E;2>/EC;CDEC3I05;E3H?=@HB7F7HA.7H?=:CIC1EG?1;G:FC>B0DJB=?3C7N6>?IEE;=9GH;;AHAA==6@H@:<:>;E69=6?@EB>891B?F4965&=7FB9>A?8:@FDFB7CDF5G(@9@8:;49A56?L;3=DEDJCB>.=?8:J0HD5<:B<>?=@BA?IH44:;@,B246E9AI8>?7C2:<@BAD5/AHB9,D8?@AJP=BBH?KJA?CB7HD=:IDA?0>>6=6@@A@=C;?F?7AF7OE9@D86GIIAJF>EF<9J=35<:1LD9EJFI??G?I7AC@>4A9ALCD<;;HG>DJ8BC1994N;7DD@59D:CL1H(J<78:A>CC;29D42EFBA6=FB@I@>@I3?6@>89B68@:?DC8>D>>LADC>D88;@@K?EJ>DE9I7;B>AG7FL:7:?A=76ABEAA;;7?G4?>DA=CA6:B9?4<4>?FF6J?E:DK@?@<9843B=<8=C6/:6E=>DH@8Q8=HGCJHPGCA5@CBAHC.K;=KD=3G:ED@/:EHB;9;>A8>CJ8?>BED:CA@=587:7IHJ=A>9:67D:@>=@BF9AA1FE3:CEB2F?CL=99@8T:EAB/5G28:=>FAG;C1<:>.?>JAI=JDG7@FABB;@DD@'?>:<17HD?:;K=:C=@B>CH3AC@AGH==HQ:582D?CAGDEAB<<=;AA=4D;K7A5B;28?@:FFD1>A4EC9B/AD.C3@B2>=F>=2??HE@CG5EEF:7EBDHB@HH?=@M?JA:5=?AD>:7FE>2EF;:DAD4E9=?EEBAC>7BJB<:>BEB>K?;AF8:GB?>@7CF=::84>@>ABQ5F=$?:+1EM:BK3@G.H5J/55?A;=?-FB@@4E>=5CE;A?3;A;=>ACBH.7<8.7CEHAC:ADE2E5;(>6HD9ECA:C9389>;5?14>4-D+ADIC7;H715B@8E<6?-7D::75@08C1CAJDAGG8J26=1=EC0?A>5;F42944EAD>5IL8@B>E<>:)O.FFB7:O>>7D@@6IA?01=@?7(?8C:8BK>J=F@====MB,:FCI/A?A40>M/85A?CBA@<@7;A=@?@/047HG97:-F+D=.A8ALIA:<<>>?<7A,<=D9BA3DA9<>AG?>9AA?C98>9?>:G>@RAC;:>A:B05;:+HA@F@C9C=MA??A1J2IIGG=7A*3-<4DBA,4F:8<,BFB2H?50H>.>C5D=3;?BMCB>?9F6I;==;;@<=FB=?MBDQ@JN?E=?=E>>FGH87?A>CKA=AD5D6FDD;;>F>FE62F.9@4A@D<08AA7@;@>I:5@50FB3B=<.B68;;F@C06B8BB;@>89C9=*D@:KBB=?=9B=BA9:?;2GGGDH?4@4?B:GB4:,8*9;>J>D9?<=@F98=CG8D9A986C@38;N=4@@;35:A=B>>>:=AE@HJ?:A61:)H77D:C@5ICC?@:8H>B9E?FHC;5>AADCC?3?2:5DHIM5CDL2?>H4IAI793;A=<=;GC6HJB(8;>>==K,6@?<7<6AEK?C@:?HC7?D=AAIF=>LIK:DH8:@G5@6CMDJ@?=B8?OB;C5DG??LF=OC;98@?E4G>1A=<<>A@075B8@F=;:=@=B;HE:8?BCB<=@<@C=4E@:E=;/?<8;BD?E<=A<<:B8;>BF4=,=;70PB?C;+HK@D9>>>;A?A?5G9@?6>I=AHNE;>>C/@J=D>3A3B5;E?J8CKDC2HB@6DH8>7B?=2H:B7D<6DE91A6>I@BEBC998?BFC4G=88@EMHF;???C=?9D3C8F>EAH0=CCD9@M>6<>5H=HEA:?>>;>M8=8KA@H:8@AC?8D>=@DA7>:E;H67F7D>JFADKLBJ5>.5C>;G@CA9E>G5@J>49CFD:;B56DI>B=P5G9K7C5@D;AG=(DC=98BA=:C85@@D>=:@E=FE8J1E9A2@::J;<==>563;F08A@E@8GD57J@>DH=A=;85GD9A@AA@<>9AB1D5?70E@;K@@>:AA;D<>9@HE>A:=98=I>>BO35=8C4;?81>CF?5D@9LDG1;71@EB7E;FC<==7J684FG@/7B+87=;BFF<)@JB<<>2E=>BHEF;?2@0<@=8K@;4K6:A1-B:D@<:=EGE8G)>;B9U@@<7B>G>B:/)C:0G6H?>@*=>FLB>3<)B=?><567?@4@I3;37C3?A>::7<9=>A=<-=>8L@DAFF?;2B7FE>5>7AE=IBF?)BHDDE7@&=BC=>E8>G8DJ>>=;NE44BD;F69/C;D4K@>C@47::5=CF&DAAA)/=?>>;67D>C?<=:8;G1>D4@=@EB6C8FE4C=D?F0=>EH159<>G?J=>8@6>1<8LE;32G=?@@19?DC;6:;@@AE=J=@?D@9E=I:9EC@=@)F787B;8D<<=DG><:>=;CGG?@>>B98<=6=AFG9AB.>?;@F@@H+G7S6CFB8DB?=?EE:A7?:0>3?9BFBIBBK@AADIH@<=8?HFBA:?GCK?>;9:>7??HB1E0/>E3:6@G4H5A79==G=;JDA,;>:8F@=>?.LJ=08?E=C/96E=H9D<6<4B=J5==?-AA:E;<:6:?>BA0<=F:5AAA6;,EGK>4::7H@DCGCF;C7<94EB2;D;B.><>>:M;;C?CF1BIHL3;9A@6?F=!9C=AK>H@HF0JCHC;:9GLDA@.LFCEC:G@MA>I8=C&;J>J78D7BAHBA;0A?@F=L8I?L;A?>.9:HF0CDB:E79A?KEBDFBHJ>=14A3A?@E>B@5CB@@B2BFD.E>::.=D>36GB3B;B:BG5E=8DJI1?G>>KQ<3>GB4>C6?F6:;FG2?7:76@H6ABG@75@CAJ=:=<>7BICG?9JO9:=6C5G98:>:=;=;=46@B8Q?8EKAB=9@CF8==>?A>0CCE<=58=@?9958=A*>?D@BADBJ6EB*/=39@F<>>;HIA?>85=87@?R:;;??H4=B?BABE8@>KB8C>A6;D:E>6=A9;?C5B:IB@92JB?G+CF>7DC@HI;V;(1@DDDA>99>;;C7GLLNC;?97/I3?G@C@DA/98H<;3?AFG;I?>F;E>A9G=DA=?>AG2IEECEIB?9GA>6:A3=6BC:HH6;E?@;B8<91,@3DE=?=@=@<=CD=AACBDDA;?AJ04K=DCF@C;ID8;3FE@7A:?.;G:I=:==0=::ID>D7?@BB;I<81E=B=77:C4LE>*?B7@@D4BA>?BB4G4?@PA;>4@62>;8J6/9I><5D<5;"@@H84?7?>IA7??17D(=C;B?:MGF8;BC?:542D?AHA/E2B@B=99>A@9;8D@C1191G)A6.F;D5:;3=D=>BJG@=@CBH=7D4>@4<>5AD;F1@@M9GH;M0C6?@OH>GDGA7=A?D@29CG9<:A6>E<@E8E>@@D>E7AA2<2;1B3;6E2=?D4I<.8*?<>H6B@<9BG=D;@<>4G;C>A*H>6>*<@=F>?>1+:6K3A5D@;@=,<=8UM0=/H51DC<9H==DGA3BDC?H?>>;5@A@@A=@:@CAH>@@9F5D;CF:B:;?D8A>@:>J;?C?D=@?D5B:=HA?CFC@:ACF9:?4F1B>;DMAD95D>2J:BC?C4>>D;?J@5>@M8*A><@@2<<>;BC?FH?J;C@D@5B.B>>=FCEHCBI*H>=D@:955<7HBH<5830DB;>3BFJ;A?><>;4E,@>;C;9EF2C=<:KAGA:;4J=J5D=@B;D<;;;;BCBE:??0F>CCA@GG;7BIBD;L?@F@BICLCC<5A?991BA==3A=9O@C;,?J?8CF86@6C9=F?>C@@9;9@??F@C3C???:3@=@?F=EB=8E@:3)K?<>;87A?17C@?<1>5>>CI;3G@:CEGO64>ED2G=D5=;9=BDDKB>:9<9=J@B@D=ED>>@GED::=6FE;AM9B9>=?8@KA;D9F:CB@FDHG7=@AB=C6DCAEF?8EE9BE?<6?5/E>=E9:L6>AE@8:<2ADG7FA><8F9EF;CA;F>I>DF>M994A7;?LE7D%5C?E=;G@88C@@>->8ED8G@>8@H=4A?:?<9L6GAD3B<596=HDC.A?=<2A86;=@>>?9;>A/BG6?>E3D;C=OA9E4=;B6:L7:77E17:6DA?IBCB6?G=G/AE8C<;E:E0>;*D;@@57@D6FB0>?=CF7A8.>-66)*8ABG:=>6?>:?B.C-8/BAHBJ=@6D?>==DF5B744?@:?K@>G?AFJ?B?3B?@CF/FHC@E?3CA>EE;=;=?;A@85E35=>7PG2@C>48H@M;;5A?A@+D85H;>:8A8I2DA@:BADAFF@:?I>H:@E*4I/D?5A?7I3ALEAC>;E=9>8>2?D?@E1D?I>DH1:;A73?;>;659JAG>DCIBJDH>B>+=3C7>CEDD6JAO5@G@CBB=:2A91<;3>=A:DJ4+EK8JL>BBBB;C.QIC><=D=G9>5<@8AFEF9E=B=??3<>E=>=?>L=6A3=@7C7D::5@0?;@)F;FB78@7?M<::1D8;<3@6C?I*@=:>;8HCH=D57N7@40HE3:B>AF@>5=>@88&AFG882?G?AG@8996>C-BF?44D8I?D45@=7C;79?C3?B@G<;>A@J@@GK?LEFAH>>:FD:2;DH6C?E@;EJBB:;A3A<=GHCA4D@JH6L9=E8O8>9<9B;?JA?L;>?B8B<;=EG>/D=K;G8B@:;=MD7G=9CGCC<>=C?=;;1?>A@4;>C?F0>:J7A>8ACA?5?==A=6B82>9>D=;7?D@;9J5=KJ3CF>K=:@1GC:6@CC6AEB9DP;=>>?>>:5=>B39@,48CI2H?8;G?G.@C;8>8?@;A5=E65DIA&A:>7599B=5HD;?>5C;F<9>AGD=6@5F@OCDA=E>BGA?=8L>7DAH?E*CH@8EAB?A9H9CB=HF=KC,>6B:EF6@?A9@=63GK?@B>+HLI08>>C?6D?6AEIBB?@<,G?ACB=;A*==H82:>?J377GA1F6:F@@.AB8DBB9GH@A;>91.EGC3D0=8D9?E=EHE6@H=28>FFCB>>GEIDC:@18K2F?AA9>?98>@AE>=BI?;9=J??7@@=>E5=@>H?<>9>IA;A7B>=59A@@<>E;50BC0(E:8=B79@<;438/>;884>3C-@EBF;1<@=89;<>02H4CB?ED;@GE>-?51:?=2C+E;D;@AK44E=C*7BB7G@@8=>735?@@:<'@7;A==B??:D<:=DA=9>:FGI75H26>9)A:;7CIA!E:@ABA6F>B?ECBD3=6B:;?H47L@?7?F@E>>C7A?C<=B<3C;B>N86C6>90G?E?+>9:=?@7865GA>H6CJAG44?7+>;3G>@-CA:??FE4D>?8<5=>:50=A@EI=?7B=E?DFC@;AI46D3:?@HCF94=>;7?B77=681L@M?CH;8K7D@:?>@@3?@BCH5D8=HDA94@FF?KA?:2BAJ8?DKHJA;=F:;:>0ICD8<<=><7CC0F6+4?=B6@5FC?9A>FE>42<*?G?-D97@BB1??:<8E>888@+=8@6:CKID-C@<9>>7:D9A-:E5<813@?4@C>3<=-=?5.?>8:98F/?8=C593/3GE7A8@J5?A7?=;>;:0D=ECD.GDC3@DC@D4:8C?CDED7BI@:EA4D?D@8>AB&=IDDB@B@FF7BF@?9CAH9>D<=8KBC;;CABAD-<8>F6=B6;F<;JE?>898??H;6>AB?GF>7:B>EH@A>FHEB@CF;JAF2;@F9BI?>>@EF;HQ:<@D7IA?EOEEH@F82@@E=?G?IB=?@C?;IBCGE<8>D4=5?CG?>2=8KF<=?;596IGC<74;D<:C0;*,C7?=;?2E76H<@GI.HH@K?5;I=H?DJAAMM:66@@A@'I4M@??GLD;K7>ACI.BC86@?4G63FB>B:AB:8GIC<50?:D-?1R3P>:=9AI2BBI837B?8?.9F=@6H8C7AE<@>C2C5=?G9I8/E=84@8BE1;EE7@30@:294L=;@@4>;819=:?A4DA=9852BF@@DD40B7G8J67=>5<>?:GAK:6;H=-EIDKCC?A@D>>96:AED7=E3/<9;7H?=KC7BAACN<6C9E>+G=G7?8A6A<:7CD=?C4=??E?HLID=I@?:9>;;GIF>0JA?<<7>FB??F;@9FAFG:B;=D69@638D>:0A7A;4A7DAC>=G47<9EAGHA:MFEJF9A7=HGEE?FE9=:??52CFCE;E2@;<>B@5:??9>?JCICAA9B2PC=E<>>=8H=I:BPC:43D?B;I9AHA;H@F.=HBI;?<=<6D643E;5G;:?88CJ;HL6G:??DFB8E7<=J;GB4;.>?6<2E8>?>89>GE;89?B7FGAG:;?CJL?EB777E>;;ED0D;BC@924>CBDI6AGKFCBF5CHBE@E?D5@A<:AGA=:>;;FB>K?=?DL;?;B?FHE4B@?>I5D>CL;5H>DFF*?A=:HE9=DK?C?AFN;F=CL8H?@;=AH=EH;C:GFC=<=D@A@IIE5B?;>'@>?D36>>:??8@<3@>IG9>4-:@BK@;QB8HFEB=W:>E5A9/9G:8@G1DB>3CF,>DB;CD?:=?7::4:53H=?AK8D>;8ECD<<9G<<9GOG7CICGGE,FG>A?F6B3H6=-JA>LA;JH.>7E7MGG:<=<>FFFEEF<;6;A6??BFB0A/IICE5ED>C;=G58ECB;C>B;3=@;@@:D?48=?A7;;E=5D9;:C=6BK4>?AHAC;A7M8><8>3@@LB>EIA8C:=<<8I778<6?AB9?2ED8<73R?;CA9;;4D6E>AC2<71EI5JGFD:9B3CCKE7=>=HAB5GD4IFEB?37ABB9*B4C=5@DI9EICF6:E7=@JE9?==I76CI=MFEFC77CF>CG?84HA87+>A=BD78:EL=;HGIDA?D??A4B@66DD:E8>@27L@EB@E?>C;LF<@D79=09C1?=@=3??E@:6>IB?AJ?DCBK256DA:8;=:;67/?A<;E@:AB=@>10E;:BFB:62761457B3:FH3?1B?@3A2C5:,C@1F>G5?D7E>GGA:;782C::E;.>CB71G@@5C:GA@9;GF@D>;8A7AD38:A=:C;FC1>6.7/A?9??29:C89CHE3>I>:AH@5:AD>CF<:GBD;E;?<68AC=:><@IEG=CC7C;;:<9A3.?C8ECEEDA@<;@K?8E;AE>?HA?H?K0BCBD;@73G?IFFF0EA9=@3=AD;=H:>29A5>9>.C>QI;F:=A;E?:E3I?@G@@FI9?A=?8A6>EC4>?9>DCD.B9?<:6A;6B<9E:6HJ7=C=?>7?68@?2A?92K=8G*KA8F47>FD=6H8E6OEIE9FB9:@E<9B?D@98BS316?C6<>EC2@C5?2B?>AB5>=HD834>BJ95=>?8DDBB=A64G-8=GI-@K8A*CBFA;KMA5@<3A;?EB?B26A2BF6?@C86O8LFF67CA;CC>7AJ:?=>PF<;@BCSIBOAAKB9;?9;9>64J@8A>::F>EMD69B;E;@389EIDF6178I64C;9K@9?@?C9K?4@+?D:EA;EA?BBG@?-FB9A&??DC7KFF::,I@D?=J7?A4=E<3D/?AHG?+G:H@B54E1;I?;HI;FDB=B>AEJ;B6)A=7CA982CE>@:3=?G?A?D?@B=BB5@>;A><6;7>;/F@9?=:<=99@?A@3;?AD;;ACKFH@;GF82D5=FEDCBG=3ABO>EF><6C:@G?H?E/L>?:EI?G4:C4BAB=>MFFC:D9@BI:@E@D;85+4C7GL:@IE77B6;9=>?=BAF>@>HADI9/96BM@16B:7?C?AD7@DEHEAG:L>E4190>AE@6E?I@6H:H:E=BB@<+BJB>BF1J@E.IJFJACB?=<2K>B=E4<4994E>J>6A@A@=?G3D??@@AC8>HD:@C7K?D?:7;H8D?:=@H3AIAH7DG8:7@@>@9A65D1;3;E@CK=C79===K>BEAIF;=D?JG>I=JI>@D71?;>GA;DEBC<>EA=FF>=AEHC6=<;?5B6C=@;=C4/?@?=HF=J9A:?II=?;D=KA-CH?FAD>BAB=I7CD@FFDB>:9@CL@EEEED9D>CC1=GAHNG07G;H?JB@97F?H@DB75;H?EIFD8>58D7<@GCADB@?D?BDAEHGCCA8BOGAD?N8@CCEA@9@C>:GC9@O3AE4:<:D9C@?AG=DF=6@D;9/B1BJDINI0JBBB=EG=?I:9D9>JE@5=F6BBL547@I=CE;GEB@?A/F7K=C;6?EC1H5>8>@C=E=36F7A56?@H>;5D3:J95L8B8D>H@@5GA2-@C:9ACD?@CED7CDA./?EAA=<><=>-6MB9>GAI?5HDGBB=B<945@;@@>6/<:>,FEF/87<6GBI;DBA:;+?A9B@E;?C;A5:@5INBL187=IAGF.=CJ@AOAL@D:GGA6<@>;8=A>;E?4BDBF;6ECFB9C@@HB9>A?.5;E@:D@@GBCCBCE>=CI;IIE88D>EA>E??>7E@??I2?NI:MD==7>CED;3I78=I4EA0F<79=-@?BD4A4/J@C5FC=1;?==PHA9J?<;BABF(I@*6I;HA?>EBBF8DD<9@6>4CA3FC?@E79EDG7C;LC?FD=@;B@:0@>4;:?@OE-ADINF>A)F;TDG7>@;7@:?HL=@@D;GAH7:A?C7;>;;D@.EEBJ=/;9F?IA9F?ED42EBA/?@:4A=?<92C7ED>AABE.CE4?8:?CIE>:D@D>8;E6<=9;J@82D>G>AAC2;9B?>9B?A9:E@A80CCH:?GEE:?4C8H;ED.7A?O@H>FFF:G>??:7>6B@@>:@9@49G@F@D:DC@7>HH=.=FD;:AIFFEDD@F<=:<2=A6>5?FA-B87=B4:<=DE:C7AB?E;G=>=A:CCAG?B?R,>AFJBA;J;F:F=CF8ED340E@/K:JBC:=A2C@LB2;CB=E>A@G4KKH>C?@695=8J7@@@G;B68;.BG.6DED@?F?9;BA?7=A;@A8=>;DC>4<@=@AE@C=9F;6?604F8>DCHC=A8;F>?7B86C:>E5<@A>;RL;:6?G@GI>?K:@H;AC;D?CICH=DAE?B>MA=I:CCG@BB@B/@;>E?5?BNG*<;II=H@GC1?7A<>><=5C6A=;>GA@7>FD@E4C?EAAIFJ=>I8G>NK>8BI95:I=EE?K?D=DBGD/CH?H>E@I8E@6D:>@=FG@?9@@E8*D>F9D=@;AH,A<7DFEA=I;A?:;B;EH:6>=HPEA:AC=CD:H;:A;AF,HD?<@JIH4GDAC=;8E=GJ6?5KI;B>B?@=DBD;D:?@@EBE:;D<4HB;DDAA*;?@>ACIG@L:@9FE=H@CFF@A/4BI3;.?E>>CCG=CFABG)?B?@;=>>GJ;C>;DI@C?>9?;E>EE@9J:=>CE:8E3@@CFBA9EG5B2<7>?D>>@AM1K>07:@4CIC@1>B95FH:C@=589G:@7;*E;B?BD,?>.?8:D?9833CFK5CO88894;8<@AMI?;ADKDDG@I8?@CH5G?2H8;6E>?H40MB2:D@3A4>5482DI=5945:)7,>@B;36C0;>?:B=<@AM=3=;M>E88::/;?06A1H?D1;6<;??H>/4@5-48<>:@;H>?C:I8A:9D;>0:=JC:=GL0;8FAADA:?=?98DAD@=N@H9=4NCH?2AG0;8>;GABE879;I<;BIBJ@58B:?@@CB7I9?E@8H;8EE5L;6>1@AEDA606GED>D@KGA3.C>@CDE6G@KCBA9C@CB6E?ABC>E+/?@;@?=CD??:@L@J9B9IC@A69>C@8B9>?A>B3ACG;D=-;D9HC?@CD<9CE35@:?EACAA@8A=97D:AGDAG7DA.@?+BE=D-CA=;ACBF1@6@CF:A?7A9?>BE;D@/>=C8DD7@@2BAG<9=D>HC9?8@=5@-@;71IC@F;F@C9FCDCG1DD<94D?CEM:>G9CEC=LH:G6@7AB>A>?6BD>;AA=E7;FA/BCIJ@4BD@BHOEC@A@D'0F=@76@K?AAFJ@9A6?79?>@C.7>=BC9;3GDDE9@G58ICH?8C07HB7E96EE;>DHFE>AC@466CB@=B@B8=:E?I??B@=DB:E8BB>2?B?EK=<4C8?EJB?@NAE>K55<8CE=-AFE@5>>15KO9BIFA9C?E@.B1?C=D97JCE?><:@>7DF=K0BDD<8A@4BAG;CBA;>A0G2=C>?D=@CC<@>7<@I3=IB?B8GD96DD2?6AFI8HJ><:9@AF7GKGQCDAHB<=5:4ADAH9MKE5A@85I>;IIMC8B=FEG@DO2;;J8@DB>2,KHH=C<3BE@C9B@.H;J7I>=BBA5>?FEE7;7BF99@8FA?;>G7E@9DH2:CCBF8C7D3;?@E;4=>?:B;AB517>=BBB<:<9>=AAEJE4F;B8DD9H7BAFJ3=J@?BE<5A=;?EFABG?DB9949=MNCL3ED7?;FOCE5E9;IG<8L5E@;E@A6GD=CHAC<-@B?4?+:::,AJH:DH?H?74P?:#-FH6?B>7;>CE66=@HCJI;AF:BF?J<7EEVE1IB?H=6E<@AMM:05J;>A>GCA4MADM3DB?;;G/@1F??J8>AA;I=;@@D5D9D:3E6ED>E>@FK;E>GL@7?6@=;LN9B58@FE@A;@38=7D?BCD99C@G=8=>C?8FCD=DCCL;94;8@C4F8G@J<=DQ6KLE?@EC%=EO;K=J>>@?AB8BH;7@CE7.K;7=D@597M9==?BDA;8<>@KE?=@@8>>4LGFHG1@<+C6@?<>AKF9CD?KFIE<;@7>.=K8<*D>DIR=B2C-:36IDC?:CC>EC94H@H/8GCFI>A?7BKEG?I78<1@AF5H<=F<2/@GAA<47E>C?@8C=;78E=C==:E94D:?>;-DABC2>A3PDGC?.F>@28;B3I>DI>@2OG@@?C7E:=5BJ==?D7A;KDGIC,@B7E<@?:HBO:9C7>NI7F2@?=E>C6BCFCI:G9IF5;1A:?@>8AE99DJDC6DAHJ:C2:?3HI:B8F<=L1@K=OH>CHE0E@@??86;::A+>@4EC@E2:CGDD<6=?I=F=B;=H;-)I+3;@B=JL?M?>AGE3AI@599E:4CG?IAHC<8GJFJ:;>ODR?>F99IH6><@08FF?=9C7A?7?K/EGA<9B?AH?8FKBHJ=4?EC29EH;D<78?BA=CA8>@6FAGH/5PDCD:>LC8A6BBACCF>7:H=>IIG70E=J0CB6DAIM?A>7?CGFV?;=:@9HBM>DD;F-5@AHHBB>D:=A0'ABDJ9C>??59GCFD5D>G@D<65I>G2F=H8JF7CE6CAG=?6B;A4NO9>C@AHC@:O4D?IBE?K2AA<7A@36HGEFP?BAF-IFII:IBDHFEBCHB>?=D:@88D7:I89:3JI8B:>GDE?-?=IRC:NCG=>7<2J?>HE3@AC@CBBACKH>EDEGF>HE/BGCIA@@JE:GCLHE>?AC=>;E<>>>AH3?FAAF=EF?>BCAC9D@@@89>C9BIAEFEAAG=BF=AH4BO<7988DHD>@F>31CD>DG5:?;IJ:<?CIEAEJE:951;A=?D=?AHG:2F";MLD97>@@8F2;J3GFM3EB@BD9>6C6@CA>EFB;B4=@>C>DA;?D3BJ3EEC=CEH733L%6@=@DB8DI<'G:D@2@G;GE03<>FG@BJ=AG@2D?;HAJ:@K=BEIF>C@?.LCE:6DA6D=JC=>9=;B56E>C<>9<;<=E>CBA;F4B94CE@=M7F:JI@93AE19=6;JC@F8DJCF6RD>>;J<<39B=?1@@14H>B>46@F=5<>5:?,31/3<6?==:E:>:9:A:C;>D=B:@G5AF9/GA4D??CBBEK?6BA>95F2;GA@C;DB<@5>=:2GGIBC4?>;;@7B2FB>8E;;CJC<>IJ6KD?IGCC6<;@F77>:CKH:;>>>ACD0C>AD>?3CDA<<;H@GA:JE@?@;;A?7;@=?@HAI@8IA::;ACBFDAI@IA:-=;86@B?E5E86C;>:DAGICFC8EEF>JCDCC66A=:>/ED>7:H?0IDL99?>3H:5FA;D>BA;HFGB0C@GOGAH?D>FGA@A3E7EC?N@:1I4?FH7I65IIA9E:;GFKHAF6A%EGB?87@BH=G=@:@97?(K9;E=7@EF;IF3?@@A@G0A>A,ADFBE1DB>M:@J=AGB97@BG:@OEI688=FCB=?E;>>=>>H/C>FE?=5@7?FACECCBGCCEL8;EA2B@2I=H9>6IA:A?DJF7N<8BJ;IG>4@F6@3;E;EI;N=?9C=7?54:7,8C?AAL58F7>C=,?6G:;H>C=;?BBEB<-A8)D8E9E:=EE?=DFHB5MA@:ED6CD*I7CK?R>0?7;J>IC/?8?GELDD1<1GF8I041G@JE-7HG@A9D;@048C.4B=B=C+@2G<>C=61@C?A?BH8=HI7H9A??J>DGE3=4A@?BB>=IA5DBFF:E@D@F;C=DDF?IE4E@D@HD?B:8CCFGDEC=H9E>CF>>?:>A@F0?;;C>I0B@8>2=?AIEG=58B@GO@D?>?HF>E1DA;DAFA>=3D1<>I@:B;F:G9;;>E?DAE88?3@7KBD;=6>EEDEJ7AB=<@=>J5=?:B?A7B=CEA@1BQ5@A9C@9GIEF?A>JEE@.:GA::B?D;GBB8KG=@F@?<->7<=162D>G7E@HIE,N8IG3==#08:>::>EE9,@8>)E9?DA?9>5?<JF+9>3F;HP/,<;G8E=BBA9C@CA6A)?9@60>=E;:@/B14JD64>@657C-?D>C>7C?CM71=?BGEB<8E?LF??8=?E5I7>@653/<8+C2GGA:5>IB;.*FI9<7I-DCMKIIC=>H76BF>GF1F:BE>?C;BBBHAA8OD;6C99FCF@@8@<==/@=EDCAA=?C?EB?=<91>F=B4?756J3<<55?>G7A?.19C@;D?8B?;>CAC-@@A10G@;<@D;8HABDB;DA4C?EA5@B.4HDG8?DDAG@B9A???>EH?>ABB2>>G@E6>3F*?A7I<AH??@HFGDD9KGBBBA@?FIH>A<@55F@5DD3DKGA>8>@K9G7FHI=9G9CIBC:GI;@6:DHK=IF;2@D=E>6=>6=C;GCDGGK8EIEO@6FIED=;E@8=C?C@D@8??H;B.5>CAFABE>C@>>=4:DA8=C?18=3=@3C6D;4:?D6;90H:EA2F?4>9@@:H76>G9B8=D8)AA<5=6HB?DC:A4FAF8BC<=:G@G;C?:0G=FFAJ@57;<@3EB@9B;CEDHHAEMJE8DJDE9B1;E>DHIEB5@@3:9B3DEID@HIFAK4GHDE:CFC@9A/=H@G;EIA>9>8=DB4:;CE9G;=DA7AH7>E8LDC@F;??:?@=C=6AHHE6BD7=48;6A7B37A<2:=?D:B?DAF8:GHCF89E@EHCCFFFE2?2DC82B8=AEE8K58E@C9I5AK=>>J==6A>:;F??NJDBB@>AB>H=6AJLG8G>=BJA@;B4:?C<9B>-NBB6:>D<2EF<9CJ=;5B@8B=2DBA@I@5@86FMG>:KHC66@>K??8;6=IBF>A@FB=?DE<:@6BBLA9:?>A=GED:C@LH:?:;D;F=D:7:K=6DF5H1CL6K@OBEB9F=K;5IK76D=?>N=>GNIBAH9CB;A=<4CK>AGD:@;B9FG7=>N7B4H.ECAC663BNC<8.;>=E@=CA89@==>DAG3CH<@B.JA8F3AD.F?18B=?;>493A:=G3HM?@,5AAEK=AA<7>AC8=/;;C>+H>=E@1B?281B7A>@>0??+;<4=89JI:D:FD>23BA;F;?5J/8:;C8J3?;7;B4:),H92><6=A88>BG3D4A6DK;;?CI2ED>BGDJ'L><>=ABECMG;DHF95?1BEBI=>GG>;EB>5CGEMEAH>&7B;8@?A+99A;;5?M@DI>I>5=H)CG.E?66?9<;A=66H@IA;KBB;:L9B4>@B/D99:DE:I9G.?:90D><:64K6BAM4?::9A?4:9=;0DI2I@5>JK9=3DC3>7>=9I=2B,@CC;@E8C96LBBBGBC8E85:3BBFD=DA98@6.9:B2?8=;A=@C8B1=@BB6=9EBDK?A7;71E;@BC<>@7;=BLE7A8KDD<>-L?7@>@;EBPEE?>F9?H+H98D9LI>F:@?A?9ALE:GE>=98>J?HEJ6C2JE9<9;9?B<;AFB6<=>.:CE4:FB@H4@>9L;BGHA9GDIOGF:GEK8G??GE8C6?)=ADE8@91FE;6=9AIA?F28CT<7$,/G=>CD@=1@<9>DADB@A>AH>@EID?GEABBJC66%>K7IE>E4G@FD7EL5GB<=EA59;D5>AE8C::@?9C=4,AKC1NFH?BA@>8@>5F@=?9=>AB:AA<>:5G=?9J@@>AB52>E@DCBC:ECB7>E2?IB@B=@@5,@EMJ;9@>C:IAG>ALFEGG7FE;GA;J?<2BL@EAB;;7FF@CQI>=?E@DL5L8K:@?AE8F<;A<696CB@@EE,KB9;E9=I;>>CDI;L@@;C=:=1@BCBE7>:E@3@J>FF:7A8@IC@ED>4>CH374=9CJ;@HOE<>:D:@C;M:;?@C@BDBFB;@G=BEJKD9A;@<)CA99HH9CEDC0KECGHAF9=6>K>C9BL>3F'@A=634=736KDC:4>KEC9E4HP2>JD>M@)1:B<5K94::A@HCDKE:@?>D?K9E?H8KC<<67=<:0CC?G:FO;@:DJ6<<@4F:E8B7>8A>3:-AE33A;5EH75E*6=AH@6G7EG<:=JDA1+@:AB?>CL7G.=D8,60>>8528<7N@A6GA<<=71@>BB7HEHI??@D>AM46E=E>@>962>GE9FP=BGCK;A4?N?>;D0@9A?;1AEBE3>0@F=>8<=B2?D:3:6;0#:M;5G?C8D;85C@CHCG>84C:KC62>8AL2;BFC@LEA01;::=DFN=DB.>C571E?B=;6BB9G%HDA;DH3F?C@A5@-E8I4?@K;;JA@9@<2<94@9CC6=>IEG7::8:75@IKEH@A>DE:A?C-H4E?BB8:C=@88D;>F:>A?FI@>E=DA0E>F82BBI=<<;+<;>FC9GA=F<>A7EA:?B=HII6E:0D>=F=?EJ<@H;AF=FC>:04EE5CH=AB6H@=A:78<4B=7>F:?D6E=?H0GB6B@7CDB@>D?CD0=FBFB9AM9>7G@?.G4?+BGE>:@H8B5DA;C+A@>8:AJ=@73DNA>EB>7=A>6;D;@HFA?6F<<4?9=<@=;B=:A:@CIM=TE884=9=GEB;HC2J?>D@6;AB@587F6H=BA>?1F:<8D=85'ECC>IEE?B>)8B?;F8GECB?C:@;CB2=@FFJ<;?D9D5H:NI@HEBA7=E@AA>AF4G8F;;68F9=CF;N>>36???@BA9D55AB/@@:=6;DEB9>14=HG:9>D@B8@805H;2>:GDKCG<;J@7:?G2%E??;H?C.9:B)8B26A=8E@?@G=C3GBBD1F?G@7G@CC@3M%A25>5>?=B<>F-=4@E8HDG3B@>@H:/=7HH@9A7839C>>>GL/8E1=ACAAE7>F?F1@EC?BAF6-;@48"=AQ;@IF7/>GA>;>8483B:A@49<4EB=G96@;>9GADC9A7JD?B4HF:E?@DC<:;C/><=>=F64,H=B>J9FD<6J51?FC?L3=>,6B?;H0EBFHB@B:*B8AF1?C@=AD,B65C3;IEF=DECBBK.E99;EIKH?CADC;.)ACJ>DBA6B6@<;;?3@=/A3G>+96?AFH>3'CH0@E8<5>5;EC>B<8+CA3BB@@A=>A@A:C@:BC@4E:HGEHE:=F9,6IC?;59?:?7EBD==@:IECQ@3B@850<>.F??8?FG=@-><3C7?AC>=B==5AAC4?C4<:?7@FD:FA@G?3?BB8EE:>3;5KD=C9C?AA>EF:@;2A>DK<>?7=G=;A2OG5>>D.9?D@C>G>@?AD@BC>:8?@=FK/E/=D@4<8?F?C9E>@HB8GEBCCCBAG@@C7>EF?5>B@DB?>@=C98JE@D3<3GAC8?>BA?80C9285G;CN7G=HF94>C3<>DG:9==7@LE/99AAHB;@7AC?AJDE?B3B@>=F6CB9@E@N>?;5B35AE;EFA9H@DBF>9;4?C7s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e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aC9>A<@CC8=:@EA@G;CBAAFK-DBJ3K8B9HAH8D>DFKN@FA?;>=>AECB<>HFCJD@8@E><:0FGBBB8?EJ7G9C;?;>5=6F@=AB:5?<;2@.=88;D;;K;@E-?B>9C83CF><(3BDDK=6E;C1D>6E?H6:;G7@H47/?8*G8F5JI@>BBB3=;78G6BCDA?G?;>/*::?C@B=KI7CA6B7F;<::3>IE=9E56C<*E2GE;>EK=EJAD4;B:7B/D@97<=73.=9E+B/D;1Q5BE84=<3A780B/A68G0G+ME:C>D9A>B18A:29+@3>;=;60@>6?7@88/?9B4D=B7B-B%A=DD>2;B=>7?>2B8.C>5'=;@330C8H8B?FI=FA/K=C@>=4DC:?<<G;>986I>;;4:>A8FDA>GPH@849;F;AE?C>4BCKG=4>3@L?>A=@BDHGFH@86CM>489;4.A3;:8>B=F>D7A-?:540>L?6D82@?7(:>==F;A/KC9BG:C@?DC8?DGIA4=?8C7GH<:JG@B=9>>B8=@???DCD=:DFABD.FC=EDFAAKFGDA;8B>@9B@3BCD9FF-3728M-C>LA0KEBG>C;BD9?<;FD>@F6CA?@B:CEHCH7<5CF0ACL32<=:E@4>ADK;@.:=;8E@BD;@A.A;F1AAE;5=@2CA::?A,A%MI6B;4<=><=7B?C8-0>688D?B3@B7N79<@2E:CO9==?BBD4=@8DBMJ4CIE@C?3>?L=7:HBG7<76G>@F@@?EJGCG=;AA=GC>DD@@D=L=?AA>D=BJ=:?7C>,DECJB?J9??7BEO3@=A@9E>A3?8>DFBEL>BCBI@6.IG0?<5>>786=;>4?CHB@G<<12>@IAM/>7;?BCA3CC55>=2I>CB?C@:>J;/;<3A>C?B7@:3A=BA=DH9;F=?>CH:@57H:D9@D;'>H8CA@:BAADC=UHD@>CDH=F=.CBBB@3J9;LECEC=@E?78<=?A=6BF59@A<48EF@:HI9?BJA?;:D9@AA?EJC;G@H><@DF?>G6C<;D;AE2DC@;=>;9&-D58<;A6E;<:K5QA:E6G<@H==<:>;/D>H5@;0H3@9CA>;>A#A:ACA<=;D2C7LE-BCD0F:BEDD>:.;::;>BBD;9C7<:4>CA/6<6?3=9?4A3B=P9E@E=5DB@AC9AA@E,>G97:@>DB@7?;<;E:?@F>;@B??E?O=AA8:<@/DDB9BEA@=B>73?B9HFEA4D9@7C<8?E?D5@J;:7>23AHA3DB,<=7+12237C<:517AA:.78<=AB=7K::4J>.8>:987.:6=A:HB/6+;B>CD<<5@6A@@A:=42EEJ;BF48<>@,??:)4=MKI1>J9>=??=@@ICEB3CE5>8=KE=LA6>C7I=8A4>@6A5E;FCC<>A4@:?:7;;5=@DE@H:A99>?6BBB7AC@:>E@7;99G;53:<>80B0?6@70@A9296B097ACA8?>8:<:<=-G>>7714DAC;:.8:6?C<3,D5?=CC@AD6EBBG?DEH@B?>L=C9>=F9BK@H:CK::D/=BN@9E::KB;CF/AE@E@99EG6CF@A>6HFB=BE4F>FHIMGBCEH8EBCDA:5;IB=J=A<=MGFCC;;BBK:D@JI?FGA8EH4EAE7G2@DB8GCB7:?CAHB7DG::;9@J>7CCCEG1E:A?=A1=FC2D%A;,EDGCK?A>=HF:8KHA;I=<,EADHM?6?FDB<67E4=5=@1DB>P9=?BEDG0E@6F:A79J=H@C?I@C<:=?FH32C@E@9B;;=A5:C59B9=9H96:89:KCEDG;D8H@;D:@G?)A9D5GGAM1>A:I=804B>/I=;7CDB:BA>BA;C?:HEFA<;I@>AACG?H>MA:I>GBG>=D=>A7AJF;G*G9==I:DD?>;;ECB1EAKA>=H+;>BBD=C2A:;IH>CH>8L6A9>=C@BC7@@E>FEBECB:AH:C=G>=DAK2D>MD=@AGCDI>I?@GD=GAHCK;EECGH@E@GDEBAEB@PB=:A>GK@@=C9CCG8=BH@:8GAFA5BD1@DJ?AMHEI6=5FB9EFG?E;D@HB=?B8=@KF;??G=:DE@5J'9>BB<4CFD>5AE>7CA=@GO>A:8DCD@H>DC82J?@:AD;@F9<@A>2:G@HF?I>@FEA;CHD1=AF6EB9GI;@9NACH=5A@B@<;C>BI5@C>=;CA3/BB4F9>CDFA@@EJ=EBI=D>BAB>D>/5;;6<9C@AI:=>=>C;@8@&CFF865A@LM<2A596ED<<29>A5?8=C=>BK5=B89F:B7A;@B@>D<8635;:;@A@?<:>:IA@@B84CEFB,:;<%;>2?1=@>?;6C4C68>3J4D??989;7EBF@8>B451;C.7FIJ@,=9D=;<=AB-B=F1>72B=A@A843B@@7ED=7C4==AG=5224:8H@4>/1C<C7C0;5>@>0=?>@;JA?D8<.6D@>?F9E;CI7>1@16A@.6-=70=42A9@;?0>?I;9BD1@BCKA;<>BDA?>27?CG=A5@;A;@A0@=;:>ABBC>AC@>:96HFG6E?E2C/8F@2@D*::EB4-;8@F7>A;@7J8B:G;A773:;99=7>,?<;;4D/;B?;IECI<0M;B9FC3?<>@BKH=B48@9B3=,.@GBA98D@7D>5949A<67=2A8??>>D5?=:6@=@AD?4A9D:.>;:>B?6I21E:?3@E9-=<99C93B61@6:@GAG?68@F9;B>6CF?;@8CD@9D@HH;ECBBBB??NB;?C==>G3C=>;@;;F4B:=@/D>BC@I89>>73>7?@?GC>DG?BB6B9<@G?;G;=;C8G:8>=?8N9HCBACG6H@;@>96>B@F>F@3EA=8B6;D;FFD;FH4>AAF87A68;GBA:A<@A?1,=,>L=9<@ECHGHIKL9G@D3??6J;EAJ;>?C??=B@@AJCEJEJM)@EF8C8B<@?BAKKH5B@862E:,E:79B?:EE83;?IE;MLAEEDA;@CE6A@>>F;>C;EDM=?EADKGDBBC?DECCCC9;H>1F@IGG@H9@L<:E=@?;I.AFJC8=DD7GB@E>BHGE?@===NFE>D=EA@;:D/CD@K@J9?A9E6L>BGC<;<=BJBD>FE8=?@GBTKKCDDD@18@=BCD=9FHAB6:GD9B@K??CH8;HF=@NED7:>M;>GD<8H@;AA>H=KCD>BFB6F@FAB==:<58G1G?FA=CH?=>A@:D9?@?9FAAH?/78>?FFD>?I?>K6:89:?DED84R?>/<8=4D>@0AEH88D@A>=F;EHB9I?):=7A@B38??3C-KA=>G8C@<@B@>>F:D>9G8DB7HC<=?;C<92A4>1D5AFC94D@65;A8@;8/=+@:J8115DJE6+F879;6<4:<5?A8AB>7:?88>C:><814:GA;9B5?D=>2>AH:;0?/<@999F=<846F4:H<>@CH@=+?5C@<>:=98D<5;A<::A8A9;>=:>:=E@AA=C>54=<=CE.H98AH;=A68<0L@I2B9C<9;=6A?C;7?9C=A44=CN:478=5DB4B???@=7>.E=>:B<;85>B>7?A@:F5(@A=8;=?;@B;49;?74:@.30:;6B;EFCBHGH@?A<<+:9AA?/?2DG@CC4<5::B6>:=A=DI6K;:5C=<>13@/;<;:&B8;4@;.2B=?AC2=@:4C>=@6C54>FI<>FC>>9K?=:ADBE<4C69D?HB.EC7B3>0<382I<(92@4B4@2>>3;@59A6@FFK@@F2C6KCLNC?@KAE=A:DAAF<;EEGDEC@EH?8>F;:?EFLB@@I=BA;KDC21IB:;E=/>B=/KF@CH?GCCJC>@<>@C=DP;ID3GE:?BH529>E3DEBH>CH:AG>8=BB95BKE:H>DDD>A?=0>!KKH?7IH@?9@DIBB@98A@DAM9KAB6D5BIC=ADBJC=KBF9899AEGI@>4=M1F@B?E2D;MJHDDJGADC=F;?A::GA79=E>A8=JI>;<;D?=@ID>;B=?E;:?>>IH?DI=FA<;@?J4@6DCEB@GD7K>DBA@IE?P?CB7CONG;:?8:AB=DIBCF>>@>MCC@C=E=DEAJ;A;;>@@BH=@FDOC7;BE=9<8H?DA>CF8>6ABFB>C=F;?@>?8AE9;5GB?LBJ=D>:E@C>=9B;*3=GEH;G;C=?F84=8I@A;7?;HAHIF@78BLHD=B<3?=4=ADABHD8::?E5>><7>B>6=G<7<<>AH4>6>C;>57:=AA@B@C<5@?7?82>?@1DB@7?B@;,=H=E+CD,7C?=?7;18&>6B==5>:D+B8?*:>=>A:6F@6731EE7<=H4@33A?AADAIG9=ID@B4>3@B;5>9?B8=:2;@B<@==>9=;2IJ=B9;9;=/0?<;K:@6AA@;/D23H@CI=?F?:@84@??B5=@CDKB:DAA9>8@AD4@=07J:=B73ED6<:7.?@8CDD:8D5B758?HA:C8585?/=;>A46B?4=9D874B3@;=?=A@B<39AD5$FA<0D>C3A?@@<71?CA:@C<.@99:D?=<9?5<2<><@<,89=@B23?F@9>B833?7;8M?;6::>>9?:;GH@@@>;0H97<=>1A28:AC2>DE;N5H@D=5CB>H>3H;D;@0B=B56>92:1-?C9C@#5A=1>;::?E?><9G8IE>C7?'3=D8@DC<:A24<0:@B@:;D25;4B7:*;@F==9A9HDF-=?A98AG;CCI7C*?7@:8@:B:@D;?2=5A.=>61ABC<:@BC@?GB9E=:DCE95;1>CE;9>C:A=6CD?@D?6?@AI>>@;4?9=>98LF<@.=>=?@@?>?73EF?.A67D@>=@K9LEGDI;?IDMDFO9C?F@@DEECFA8DN?A?;8@C?F@JBJ5B=:>BEBCHLAA@??A?DC:GHEIDA=B:EE@=F:.8IC;A;?HHG;8=:FBNL@=B=7BKFHB<:B;GA??>H8@@BD8F1GBG>@=?EFCD;:CH2F>IA@DBA>A6A74.@AK>5=?JD:6:DC=E?;GE<@HFBABEOC@::JB@FBCD8BC8>5A?HC56?K6B(>DEBAB>AJAFAEEI0@?DA7'G=66ABAEIF=7F29ED;JDDHCA7DFB9F9?<8KH;3F=7A8E=98B3;;=?=:>EDI9C5:DG=D@9<DL6=@B@?AG:B@09AED>>?:EA?5F>65IFJH6E=IF?C9FA@ID:7GCKD7=:?B?DJA;@FGBE24?2D?9L>GEC;:8C=D>A.E=DBGN?2FA@F>FA.AFJ7?H5G?F2EIC@E5>34A>M@D??E?;==4G797AEBC>@;8HAH>:H5?;>>=E=<:DC>B;83=>=8D5:EBE2B8B@>DD8D=JD<8C?@;6CD2GC;=?>6@C<4@?GAF8E>59:=<@BIGBKDK?B;=85KI<;;9;6@F?>CAF69>6?:6@?7:@=2?BD5I5G5<>7KKE>/8:=GF5@>?RB@>5?12B@?84>929;@:;@;:@J88@?DI:9:?:A9@7=I:NA@G@F;G?5@9C6?H09-;;>>@6?J>:E<>>HF@@-?EEBDJ:=<8:=J=B9A<@A487(3;G@3<:@A:C=/-A0E9A5=?J=3:<9$6>>;ABC5;@=!8<8:6;GA@=@>99?*67><1DBB?GALB0996A===>1;?CD2@E;D?9?164817R6;3>/0A@>.1@G=?><8.@E?;1F>DCDB;:;@E:<<6E:AC:BAD>8?9A:DCA9?;6<92>95E:8?=5B>F>>:647G:@6;@:C9.D;4CB92;A;7B?DA?A6J9D@,51BAAD3CHB793>8=CC-=?D?6*BCH5H7;FD95IC83;2>@EB?@ID9;:A@5CFB7B@:>C5A?>0>E5D2D6/:4DC:DB45A@B;<9;GA6A=2=9CB39=:9C0:M@C@@>FA8=2>BC:;?G=A><@A=CG>;@>9D@8;@4;GB<=54@2=A9,>?8ED9;QE4A85-<@DC?B78F;4?>@?F6A?;7B/<:0BIA;@@@GJ<4:3F:6?BE;@@=<97B=6E>EHPHEM@;?:AG@=?@B3GG>CA<G7EG;@C=:AE;=F6C7ED@=DD<:DID8DADBDHDFJ6I4ABF@FGJ=HFCI=B?;::@FDI=9?EBEKBIHD<ED@4?GD>L>5EGDA=;IB2?6:DHCC8IAJGA8HG;?;/E&DB;H?2F:/;EH?I7D>.7:BAFFEC:EG?53:737:CD@A28G5:=8?IGMGHB@5A;CJJFJCAA@?=6=@?7D?GD?=E=G>=CAE>C7CNC6@A;:EI0JANNC;F9C@;*DE?LCF>B>:?IC>A2BCCF5ACDCGG=<;J@CDAHHA@6A7?>FD:>4HE=DABBDCDHB<8D:CECJD@9.7>NBKGCH>CC89BE;@BLI=AE@?E;@ACL7JED?DI<<8>I2:?C;@MH?BD?;C>CDH>?BAIG>AACFK@498D1FD>D;?ABI0C<@;BAEIGAAB>=:33E?:2AB:8K89@96@@9=,6GCKJEB>C>6E;-=>4"?7D=6F?>;C=?>5;>HB)HA;A>:>D?DA=?=D1@A@C@5=@B:<6>:CHCCD?/?:D>:<>=;JCAF:;C;H<>81AFH>I3>7?BK@=;B>D9IGDD0A>?<;10EDF3?@>.<=1DDH<9,;CC;@C<6;@=57=4A:@;A1D@C8=GB=A7?I>?A9&J?/59;;@@HD=9B+>?DA5F=A9MC=D>6F;>B4C8E?;:G9GI3@BG?2C5>?B69L>?@<@=?@CKCF78>>A2BA0:2?F@<7B?DB8:<;GG=>=<>C@34=73A'>;O0:D>4@>8EL8?;BC=7;CB7B=45=A59D69>@8&:EBD39-@?@B4E??66><882B9)2A:=-@==.>?>:4A9;B,;)2>A;5:;6HAA5G:C/3:':=CBH;F=LEGCD8?D>>=BA#C;9J7BD@>G:=CC=?3?4>AFI?G;=AB8A;2A>K>H84G<3E9G,D<;?=CC=E5>@@<>:;F?CC@=<94:3EDAC=G89@:AD>?:6?G;=2@88@@;=KB.BGEDHB>CA4>GBD@E8C@>B/=GCC68=@E?=;11>2?@9<@E:A4@;D9AB7>>8>@A<7F-66F=>BA,@BG8=>E;B@>A><:FC459?=G@FE=A2AC==4;06>F>@7/;I4=<;<@EBC=@@AHHF5DFH?DE>MD?AGG@?;@EJCA6BD<@BH7C3AKI@DEEG>JE12B?K@FF9;E7JA;5=E>?>MD;2EK@>A0HAE4A5>G@DDKCEBHGAGCJG58GBI9C9@7BBAKBBDBF@9=J==KAFJKAC9CFDB9=EGB=HH.@LB7>BHGDOLEFIQJK;HDDL8B;C>;J?D@6CCFCBBBAHA=HM@F:592CE8?9=:=?J9C;;BK8IGE>EC:AAB5D>>D26;7A:BDD@N??;ADDG<9@D;:CEFC3@CNA@=:G7C>GBGGK=;4;B@BDC=2,EFG@@HG8?;B=EC=DE8A0H?6+DDA?;ND>?B986EBDCHG;DA+DLDDEE=HFC3HEJJ9EBAJBJ?G;LDGAG5;DF;@C;KBBJCG@E>?BB>I2EAL6@CA8??GI@;DGG@=,>J5;CB:?IFHI5FB@E85DIBFA@EGEDD9<=EIFEC;BB@K@J?@=G;E<>D8A?HB?;I;HI?BG1HFECB2C@D;EPE=4F@DJ@DC@@??;D98ECA4@?F;KEGCAFF=<7A?C?KB8B;?C@3AB=G?FK;G3@CA>;=9DGB@2CA>FC>AABD=;E@<@7?B?::1A4HABFAD>@J?F@;HF?FJ=;?:9;;GB6A=76BED>=29B?8A>:<0KECAA:77;@@?;E-:08>?4BAA9?;EJOA<>299EA437.>BC?D89;18?4I9CC?8B?4F=C>AEA-F>3?D4AECDAD;@I7@;D:@D?=59=>@=69=?@B68@5MA@9G?FD19>NI>==:DJ3597@;;/6=A;CDA?<=;E2C93;A?4<>;>@.85=298?8=<8>=G:@D=8:6@@8?;B;4=G8@G;>9)9HJ@2B;E9?<1/?;?C/8?7A???H1A8AEFBE8EAA8D89A5>:7H<.<,6A2=>>1;A88J56@A88;@=GA2C><3>?B2F:?G>=?4DD0H7:1J?D?@E@-9>@C37/E6C<87?FEIEF;8@=393F@B;>2=99E?B7==B??LB6?BA;E81-EF318>DK3<;/7<.9<<=EC595@=D82E:2@>>@ECK8;5B=G7>JCBBB==M?>5;E?6@@>C62HF?E6B6=F-<HBG=CIDG36AC;EG4CBFB=>9A>@HDDEFICGA79@F4JB?C;@BGA??FDA77:E=:KO7C:<@>@BDK:AD@E:6@G;A=FHFHABC==>;E@H:GE;KA67C@OKAERCQK>DC@B@:BEJ6/<:A6>A3GDC5;9BB9G?98=4=DB:>B3AFEAJCIFDD<>9EI:GBC?A2:88BD@HC@EFL8@CDCJA7F5>A@N95FFFF?;8J055E>=?F5D<>GA@?F@?HCCNEDAD?BBAFDCE;/LD6BLF9F:E?EDBGD78?D=NR9GDEG;DCGGD:DEFIC9;=F@K?DDI7A=>D5;JG>A:D99C6:=7E@I(E@D:=36:4:G>:?3@;BC;@EK@GH4>DK?BE75?IJJ>:BBIBEC?>?IJB5-@>E=?CDEC9I?CB<?9AABJ<:;9EC@BAE>+BG@JAHE<;<@F?G:;E2:DIFBAAD:48D>G=D=;L>?>PIE=C@C@G:?8FJAD9ABA???D77CJFHEG@B;JD4A3CI>9BB@?5=DF6DC7GD98>41F8>+>9DF?OFC5@EICDEDA2EBE78=4CD9C)AA<;C>A9=:/<D:?AA8A;9C@IE>?9ACE3EC:9H7=D;=6O==?7:=1EI9:J>=7>J7G=DD8@7:@<:5-DK=B,E@G:;?BC=8AA63>D56B?>DA==>/8?C@H>C2E.>E=?BI8AN??<>LH=1;A@@CFB?3BCFJAF?80;<8=HE9BC0C<=>H<@B78=0;:6D06C9C=8?13;E=C6B9?5&74:A1E<:>H98>;F>8@@CA+J>=C;BAA=@3363=.,>CB0=@8C=*<=*?CAB287D32+??D;J7@79D8I;C@7D@@7J=;B?*=2BJDH;CA9??<113B?E::?B8@:=7B788<6B:4L?==57A7EDP,@BF:7?,570=A<1=86B?7B>*;<;>=M1=@:=B79F=2E@@@DGB;H9A7C=99HE?5?GCE.=K<@8E=C<;==@CF;1?791A@F?B,@=;GFAF99=8;A@?DC9FDD8=@;EBA97C;>>CCC;9A7AC><>A>KA9<;=EEB?B?4DF@>;A49>07F>:C@:FD:?BB9@>B@.GBAG>E@5DCCC@2DAEE<4BDGDBKE;HB?A80J799?FCA9HAD9=@B>?C<9;7@M=L6;G9G?96:?;GAAF6F1CC&G@I;9?=AEBFH@<9>B7@<.B=:3DB:;=@4@E6D@C:BDBECD@D?9==H8JAC3A<>CJ@FAE=;A=@B9AJ6IADF3EL8IFH>FHBFNWOZLSCA9IALA?;>D7C?C=B@C;B39HF/9?3B9=GEE?EJC8ABD@,>6DL>=><7@=B.B@6<@JC8=DIDGGBIC7*>HG@7AAA<=KJEAACCCD=7D>JC=AAFFF@A>KGGABDC8E?JJBDB@D?BG?=DD>A=BEH4?@=F>;IBAD>?HAC8D;DD5C:A=FF7D>D>>CA>:9@C9D<EELI1DFHA<:E>>M<;;9K1FEH:@@D0@DB?I9CF;I;AC>:EBFJ7B@>@?G=:<=AE=6:>D2@6=BE=BEC@:4GIA6>B@GB@FABHJ;>8?;E@@DAB2>EDBA>@A;K;3>=CL@=@>86CK4>D>286E:=>?>>JECEF;@>3I62BC=HBI.@BH?J;64F<@?B:;=3:>ACEE1CAAD:>?>F:=:4E@HA>89B7C:=ED=@MC;A5=B@9K<@A?=BA6>@EC9;B1AD=0A>>3%JDD=LO=<=H756?5??C;@N?7D=0>EAF<7E9>AL:>?:CD:;@@4A39*BG2DF;AGA7C>E>3BA<@C<@D;<:;BDC;A7=>=<9:6AC@>B4<@:D8FDD>8;?:J,BF25D9<=?>3@JC>B3F6CEAABD<5D@GH9;B=89F><@G3<=;JC=8@@9'F3@7=AF>>D:2G9E@F=I=E6K1G@?5<679B<<@<<><@>9?@;>?34H2A:>A/ADI=L@>0B==9?7D@AC4A5?@=F,H1GE@B80<56DA>=5F2;CAFH1B,EC:=:@I<6;:=5E2/>:<;?:6;FE2AD>::K?8E3CD@;EB5CAD54FE>6D@==D@AD/F>G=@M7CA:A=H;6J8AC?6J>;AD@?9AB9/AG?CG<=?LF=;;+<:G51D?=IAD4@:DG0=898G?G;4E;D8:DH?6C9AIA1;<5@D2:KA.<8BG*=;>9D@@J?G@GJ@DABC>@@J6CAH2JD=GACD:;EDHF1C6;86CF@:C@;A:F=?DDAC:FLBFA@DHCD>C=7JF4EE@DF9DG;AGD;BCGECB@@BHDDK389ABGHBE><=CD:BAJC:?D><2@?BA?M?@6>AH:DBH=JD?5A/;0@@?9@>:?>I7BB>DIBB=I=HE;H59?6EF36E@7:9C:B:<>7@IA=FGB9?6G9E4@<>D64:BDH/FBAE@DA:>?C;?E>E1@8>@&5BF>B@?;=678D6?BCKJDA;HI:7GBCCI?HA:;54;5;DKC76D@?4A@E2>?B?CJE8H7:B;8CDIJ=GK?E74=C@D?G4E?HB4C:A4D>DIFB2A@>=5E<:G=M@G:F@?HIG6>F/K57BB=>H<=HDA>BIF92@BB64HGEA9@BME=F98CA97CD@M<F;-A<5>769/=B=J?C@AB@=P9>=DDFA?AA4D?6?EA?5??8DF?O=B>63;?AH7?:CKAB@+D?B@CE;>DIG@8A84@5A?F?7KJA>;@::.@76?=D8IH?IKHG5F86@@A8@DA9=@?A>7+D>9G>8FB<5@89GDF6GACCEE:>>1;J:D8;.F:CGEEB9??H6*IB/>62@=:B8B/GAAG69E@'@G?>;C8;A5C4>;=GDF;<5DE:4A=;:7?>ED;AA@>87A?@@A<4=A95;>@.1GA4<>8A:FCF@=:D;;H;?:=>9?<1CB6E@>7C>;.>I@DHE:C;EB>1<5,J7*<;>9A=2C.G79???ABDE/C=A79D9M7?=2>1BD>24F;=?E=/=:,B@CL:@5=<3=5;C=EJ4@:4;F@H6987?AF7:0A?28=DE0<=C1B?DB&?02::ADGDAF,B9@@;<@B=@AH>>AAAGAC70B>1?AB:A6>=<=EI&0?8=@+=?<>79(;BE@?>D@;A4HB:@3B?9;H884@=>5HCAA?:::><.97438AA*B@;"?@<7CD<7C5D,:/FM:F3M6A>7A27:63@99KE>=6GF;.BB/C>=8>7>?AEDAF@38@;GDFFJBA7?8D4F<=<95>);8L:<<<>ABC4JG=3?:@<7<><==4:@E=79DF912<7:D:>;=F?EK5:EAFA8C??>H;3><;B=?>DDD:;E>@FE>@DI4<8E3@BF=/F?=G9:B29DFA:=F:/H=<=ELCD?BAFFC>7F;A4@CFAD>2HCD?F>69EJA>?E;AI@KG9H8H@ABB>9K:2;GHGEE4@FBF>9@>@E@ABH>=<>@@GAAA<7>BCE?>?;B?=7J=:??LI7LEEFFB:<5DF.>?HC9C8E5+IEA@?89E=A9E8G@87NB9B>6@96C2I=B=/;9IDAB:5CF:=>3<>E?AAE:B2FILD90D7>HEC8FFK@::;41B;GHDGEJB4BDAFCCB@9B>8?>917JI73B<9?>FG;HCDB<>DB39?C:A6G??E?BFF4D5:D=@B<=FGE>I4;EA>+6>DCE=EIDB9>><<@E:=G9:C@>;?F:;@1>@HC?B:<>C:?5I?<>BB??9@9<9E6D@G?N?DHD@::?=9AF=@6)BAB=91F?;@@BA>>:*:?AI?>C67:?JK:A8@C<6>A;89@2D2<>=6B?@?K>@93D21?:B<7@=?D-C?@E?JD@=6?69:B?AC;:@><=?F:CD>>D9B?EAFC5C;;A<>;=DA8G@;.>8@CAAHPA5J>-E?;?@FCLGADAABD;?AAH>?E@:D=GB?K6H=4E9?6A2:AH=BH6<3B=@ADE8>;E57EGG>.2@3<3,EC:<=A:@/?C<7?91?JCC:;5A+CADFA=@?:@;?A7C@GFEC9@F?M@73?@>1;D=?7D8997JCF:88/0:#A8E=7-8:@G7C37B8B1K4=60A01:5HDCB=??DD=D?E?7BIC>@48N7,<>@AF9F@=>J6H8@?6+I86@7N<;B5I>CBLA<@?<-B=0AF:=?;;:>;+G;A:;F?@?=>CC/7H3?A7F3BBL7E-I-==CD4FA9=A>;H=87??BFABA-?>:>6E77;F=C>.><@:62F=IC@3;?MH5?8>B@68-3DE=J:DHWC>D<6B@&6H7.AB???@A7E@@D;CC1896<@>=?D5:KI>-A86:2@B85>4?5??4?612?/<;D?:>EEA<29+B?693<@:@<97@6>C558;C?BBB8>H?33EAE>B;;@=;CFE9===45HC1AC6368>FE4K<46H>=C8;>74>2@:B6DA09@4A;6,G@8CB>6BFFG:BE@<0K>5:D;;HI>DNK@F?A>BE@HJGD=BBC5ED54>DEDL@F=C@AA@@CE:KDEJDF<8>E7F?=?BCKA@HBD>@6B4758C;<:A9E=?@;AE>5G=3G398=>HHB>9?>@A?BBC?F:GF<@P=FAI:C8ABC=96>E>@B4>:@@=@GD?G=?@B698CBB:?@=>E@>H9A>D@ALAG@L@6F7G?7B<@>C?E?G?A9E?EC>DC?@=8@JF=5KMGH9>GHGB9;I98D>AB?A;@HB96C62=G@FC3CJGNKE7JE9DFIJ?IDC>HHA=KFDFC>GAHA>:H9K>D.@B<@9;E=EE:EB9D55=D495FF@8A>>>EAE??F9@>;8DDCAA8M=IDAE>8IACE@4@;KC9<@>/??4K>LEHD89A?;CJCJC=1B=AD5FB6@>KF@7:B1EBBC?@;BB8EE>9<9DBD?@J?J47344?L<5@8=?G:8E8E;B9?7/DE5=95;5:>>G?9=IL8A3AG<=@<771><:==BE:@F>@A<4?B=5NC,@1:=?>6K6;=G=:8/98B<:COF:=;?4=??>I=C;0;8:A;4:>9A8=+B<:7F<>D22?=A:@94BO=B;5IO2@@D3;<6(A*:0?=HD=DI@D4B@C(;AH=9;J@ACH4K;;(3DB$C<3L45@A\67=8?2AB:?J>845=7:@4R@5D>B=?;7491=;=JD1:0D5:<756A>JF3A>IEBBA.=@A@76=@<92>KH;A9;:H98;3775=D-AB=317.AA@@:D@2BDJ=?G?*4:7;;=5<76>F;CE@A3=;=29673HF?J2<:FO=9>8J-96<4?DF9BCB.4?:GAE8@@7E:AD?:7B29D@:?HAB8>>@F5E<6CC-GF@177>'DF@E2:97=E>0>?BFDD66=9?A0AHF5=F4?.B@A?><:=H@??=@;G@=E?8=>6@C/;A9??*.A>;:<:E@E9::8=DA=A;A:DHACEJGF0>@=??BCFC:@;E:C8;?0=7E?4;7DA4@7CE7<;7;8A:9@=7::;B@B;6@@;D6=?5;>D818379J7D5:ACCD:5?FFE57@6C>2N4H6;@<>A3EFA>E@=:;LE=7>@2A?DB<9AG>9H?@HFG@59HAP@F@>IE<>DFHB=5I<:F=DCGAC=8@H1>DC=FC@J6FA-ED@DGE8:EA?2?7I@3G9CDBFGIB6H:DAA7CC=C;1DD=;B@>@F<@7C59DE>DGDJ4>9FB@CBD;9:=FL>>7G8>5J=>C2GA-?HB?6BD>>0G788?JEE2MBEESQVhk^am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fX\ca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dXWFD9K@@C;C;>GDK=FHF<0>KG>8:'A4:;9-@EL97@6E:>BDAA<7BP?>C;G<;AJF>?6@;ADFBL:>;>E6E:==5CE@J>G0FF>AIE9@GA?;;L@BG;AHCFGEF>DQ::@?I>>@A=?BE;PBA0JK@FD@?I9=@3LF=J;CAC5=G9B5HFCEB;EC2E0BE==B<:A9IJ:;?:JADG;DB9@?=;BA:?AED:6=GEHBBJB>6GAIAI@=A5?GA:J3EA6CDEAE@.<=L@7EHL?8BD>=:9C@8?>59/>>GI3C9>BAA5C>8;@5?A6E?;8>=<=@B?68>IA2=)86;GBB6>E9DFAAG:45;LC>BB/7F:?>D<@EK?=>GH?B;?5;BM7::>@<=:E;D=AAC7:@8D4I@=C*=@@:AB6FDAC?E?8G4BEF<7?G:DED6*LAA;>=BOB1?G8=0<2D@>@7CDN<<:34?9>3@D@?;HG>C4-HG72<@B;BB2C8>@?EID7:@?B>=>3?=9G6>:;BA94GA=>=E@?7E>6AK4>AA9?D?A;=-372HB-3D<88=71F9BD:G>?5).>5A7B8B<9:/@GDJE;6?0>A?AG?8D>90?0A:9B67AC5G9;BCB;:70>B:=G<4<;9777B;4<1;E;B?088>:4?,8<681-?==6<4@H<;:73?@F.21163E53M:45<6CB@6-:H8>;AA47:AD@6-9D=CD:*?:><=19>:<:9>6:G2E/>52@F1=6IA:=,=E8>>7D>9=A<<5DC>>AB=2C1BAD=+G;DDAA1:94C8=F:?5FC=C;><@7B?;FC<:D=.FG;6CFC8D5@F;;A>;DG6=<1>9:>08=;95><>CB8G.=AA8?HA:?><@E:-6B1><B9<@68GA?/6,;6:=C,;A99A:=7;:AD5BG?*A3?CFF@G>?=CBE>>9+B9=G?0@:E?F7?+;;<:>D;7?7>@7DG:)>7D@8:>;==9C6@:F/3;KB<55K798L>D?1IBAD>8ECI>EABCIEEDGF@/:=;C=7H?6>FCID0=@GCG?DBFBI>B@AB>5GEAH@DAEGC;EAEE??9BEF=J-CJBG<<4A@@EFG-A>;FE@?:E/@HA@;;4?A;:?2GC:B8D3A>F1;59>GD90>H?7GHFKAKGC>3GE>8B;D@H7G>?<72DBEA@A<>7B43<;;?>=H3=6>9:=7@5J8A:@@?FJ;;>5GDC=>E5C>385B9?3<:C5.B=1A9=AJ9@BEG7F@39B9@15H58=5BJA>C:E8D6:;A@F@6EA;CB9E:C>62:HE>?;<-0JG>K363=?@B;AFAB@99>@::ADBC2M>BLBD>KI@6>:=86AE;;>>;BA?I;@-H?9EA4G;>=C@:5@?B77?DJ8?9D7K<<@;EB@H<@:I+IGAA@7C=ECFDA5E?6E6@AA>CCB@MF3AF<8@ACC=D>=N?:??@@GBEAFDDDE@A2AA;E5D??@E>A>A?@A>AC>5F?M9GD9:O=D=?CC8?CEI>C>?@3F83782?=<:AC:=FGC6>8A;=>D=?;@;=KA;@=48@=E:?G62?A=;?G=>K>:9F?6:D?CH><=CC@AF97:B7:G?;2>6BD;.GB8>4JFD:NA7:B=6GB?AE9>B98@C=<6@C/?9G8;AI<;9G=@F>G>=/4<;9FCA57=A:4><=D9?>A?62:<:K8/7BA7BC@->D88>7@I3B?-189>A33B8G93B36?L>FA<:>:@?3;5=>A@JC?29>BAHD<09D>A==@;7?2@5;C?LC@?H?99A8>>037;L.3==A>=64>;?GDG<56C:;G.?1B78@A2C@=@?E;@D<:A>>;.7:M2>CGE;B5A1=26F=7F>A@>AD>?7:=J?3>C7AB>C49E+7;E3D>=3;BCA;F>A=/E<2L??@=9==E1?;E??E:4:7QCI.EAB=DA>@L9@?CA?4A;?CA@E8EFC7.<;GKDD?;=FJB@HFC)F@A@3=V:=?E7>N4@;:CIC:A0LG;D=@?;>.:.?IE>=3M:B6BFA8=B48/@=@4E0:=48654?@;94?C@?9IBF3?@?F1?F@=0B>@7@:BDE9=C9JA6>4AF?)G@>7>=8;&=BB9>?G<51?=@ICOA<9<>:B@:D9-=D31E16A?B>46>FC:3?87?5J9:B>;;?@7>;:KH3,=@?:;>>AEE=E<8<FI3A6319:>EDF?54J;=5>8BF97A:=>?E,<>>C5E@E;D5>B>2>GA?=8;?>;9H;>G?D9F5DGBA?@BAF4M=;@=>BAA=A$F0=A5>;B<>IACE@6B1ED8@G;FKCA>A?=A7EDEDCH?:FD;CBHHAFAG@9AIBCI87=D>=9F??>DG@73>>>@:@AA<1:=6A==5C>?<8D<4C=@AIE?D@4D=BB:?4?>=?;1BAEEA>>A4@=@<7BGE<@==<4?A@:JB4:==C;B8@1DBC;;IA?168@F9EC>B+895OJA@EGC@DMDD0D:E7)=@@=C?=>66BECDCAB9A=EF:>@A>A1RAHAG@BN>AF>@@=?0C7FB67>:DBK9>7@=LC?IG@?E66J>><=KE@C8G?B3?B<:@>DH@@;1H8@G@F<:@=A8>ED,B5?B6=1>B@@8IIMAD<=,EA<;;DG=-;B0@7@7+C?G7@3?GJ=@94@8@>EA7J==D6979>9DC=;D97B;>@,74CD=0C3K=85@HCA@E:=>:K<>?::B>/;=92@=?;?,3BBF:F6>7?:GC=EL77:ABB0D>1B??CA@=1BNDB6>6<749J1?<;A/;:=7;BCE4;13(CAA9.9FA1A>>A8=BD6?>;2H?C>E?<9915IC?<;C-B<@9=?AC:7F@,6EEG96=9=C<<1@?=@7F;=8:#>@G/8DA?2;C/?8=G0::?A6:6B8L7=?=A-:0@A;@;.07H.F4=F;F*8=@C9;A95>=:D68;3IC9E6689L=.97;7F:9=L>5GD=C;ABE5FG9<97A@EGB>?JHD4G81@?BID;CD2B==D@M.=C8B0J.A=EDA?9;EC?/E1CFB6=88:EI?D@>:)BB;6AB=8C1BA=<<<@5K5C>@9:>@GLG?7;-:;8BC:622=.IAAKA=;@?=BH8>1C;?)=2>C6??=;6164/9=C::1/:=/>==6@8=;B:BBE>@=>A2??F=9==-:+97;@D>89C@H>B<78,6=:@=B?=BA7;A;9:2=697@@B?6D?<@B;>F9A>>7AE>EF=F>A?.G?>AE8>?K=>>G.B@I?HA?L=A@9>7A>0:<@FG?HAC;J@E=CA8CD9C?E@9E?@F+:=;KD60166DA8;@DBEC69H@D'HOCDC=DC4EDA;6B@=>=B@-BHG<:CEDB?A;:=DE;2?:?F<*?8JGA5<>D@52D;B9B8:4:BC?JC1J>;=.F@9FG?=7EGFB>J3;>@A4L4A@;F@DG=EC>B=??@9?8IBJD4K@C3HFI5CHA=:HI;F2G>F8/E?6DD6G>HOCGA3F:D;69AF0A1AF99C>@@:)A;H;1=ACFCG;??CA@=6EE9G6;E8BM@F7>?B1M4E977=>E-BDA=B7H/:25?MDF83BI6F?D=6=I<:I>>6>*HBB;IAAB/=B?8.=HGC>A4B8BJ?=87;3=A69M=?92>5;>7AAA>F?<:1MDBC>BBC@G@?D>7EFG6BP@FCE>A>B:>?77B?8AED5=ABG98>=D>>AA;>E@?6JAF;HBA>=A2>9C?H3?0>F?CEA@FACCGBK=HBL9D;E:@3EEBKI-GB9=;8B8C@DBEE>98>?D>=NG@C<@B549DDJ@D;D9=:GFL835?A>BBB;;HC:883C<=5B27-C@C;=FD35B>6@J@?,<<8E@@B@>09=7><>@H#B04F/<69B?=AE*1>06G5?CCF=>7F@?M>5F?CFC6?=??E=AAC?@G$D>E?E:1;C;GG=ACKC<:B:D<=@>IG3>PD?F/86=D;4F>>=;B?=?;:@DC7J>3:*=I*94HA>EH8DE727EG>E68BGDEDA@J=H?K2BE;17G,8>C==81K34B.C@7A/=EA>(8JE9A<:0E99HAD4;9DB><7442;<>BA:92L78I?B2==CH7==A3@9;>83?9>=8<1N=2B2:0BAAA7BB0?=;C=C>?<;5<8I9C?EK=AF???5AE;FF@6CGF47;>CAK9=<@?$.F<4;G@@C=<>E:F-I<<=5B1;>9/9@GA;>)A=0A<+<5;EJ4B9<>A9B+K92B23?8@@1B3:?A?+DA-31;@>D8=94MI7F?:ECHF??AJA@CC6;A>F@E==DCF=AH?AG=A?CC@FD;>EAJ@;?AABE<5?=8?4/CD=HH;7AN9=A7;HA:H=ECGB?KC-D9;?DH7C@B9:;2EEBJ9@@1?B2EHF=3;>D3LB@D85<@B;;?G=;;9@>6A;7;3>AHFBL=FHEFJ;;:;=0@>7CB;9;?E8?>E:8A;=DIAH:C=?1<;DEB78C4?A8D;C>A?@><=6.*BC>5<;?;>58D5B17K59>91BF@39?:@=C6CD9>F>965=E;9>@C3<=6A;D5?=@79KAAE2JFBAAD@7EA?=1>ACE4EF@/>H;C9B48>>7JJGD;A7;C>C@@9=CH<BC=AHKA<=:5<,CE9B?79B@CIB>=4>(;>G7H=8-HF>D>@@B?OD?6A57B7H5J:7J=@>=E8?3C65GSI;B>;AD5BFAIGDJED8>9J>A=BBBDB@DE>H:BFCDC=CH>:7.;F899GABEA??>A=0CI9;@;;;==C>E;+1<9B53?=B:E>4=FJ/==9B:>=>D5>A:I18@GI;2BF-GG9JC?AE:0D>89@ADF4=A.;A@9/@>/44F:C=87?ED=II=?CBBC9D9E>>3D9B?;=9>?4EA5?G=P6:BH8>O=C@=;>@B;->?->JAD<0C0M?I=A9>7A7=FG44FF2A89:C>C9B@97DDE=;:CBFB>@B5>5D@@3A3D@6<99@E?='B>;B.C9B?)A=F?A<>@BEFD@DA1<5:5>?B9BFH@A>7@EI>C@<:HBBFI@D79<2@AEEC=?8E@M8;@7B56@1A8J@-C@?8NC4B9:CE7;;AE;B67=?>;IC.?F6DB;2B85@4=E>@>(;3=N?D?MJ?L=K=F?:@I6?;?G6J6CC>G>6D?>9A7C;BF9@CDE;A;:7?EE>J/IE&>@B2:>KA@;?L:1>1E6-0?G7;CBN698B4:>CD><;>355C2P68>A<@:@AI=><5=G4G@?A07=6?B>9J92:=C==2=)9?E=>>BB:?;7AB<6>6=?A7;B4A:<;D@8=7=@>>>C?GH??A?8BB5D6:A@?EA:<69679@/D9AGH5D?7>=9;=<>;@39KC7EG97?G8?<3.B>@@B?;=EJ@6??E<;AEED=U227?27/J12KE7*E;:E?:7@FB;@9>A>L7;?G>GH;GI:BC8:;?8>?.H@5@E2?B:C;867<<8@=3;??>:E+D?5=;?;BFH>=;:JAC=B759:;GLFE1E>CBA4@773D6:IE8BB36+DDC?8>C4B2B@A7BC=ECAJ=DF>>977@D@;J;C?;C7A:B::A?:7AE9@C;;@C:HB9A@B9IBE=BDF6?DL<>E:6CAA?9I5;H9=86E?3E2D@E@6E7=<;B:C6C3B7/@E;G>@@FF?ADG?5CF1HCADAD9EB;98??=ID;EI=.EH<93D4:@2:DB>77C=BB6=A4:;AF?>E>:GBGD1D?EG<>D1:B;:E?DL12/?;@;E6D@BCFF<>??>?9;=:?3GE>HC@IHED<6KFDDD8?F>H:9BEDDCH>FGFD7<6CG@9<:;G4?8:JA=@34KBEF3-57:9ACED<94?BDB/<0>ABE;BPCE4@5FGH?=D?9C@9AA@>;LB@:=7C7C=AAFC>@::F9?B?A>;C?EE6E=@DGEE9D.F67<=B:?/F=@F9=66BH;G=DA>@9A67K5=DCK?BACBHB:94?:=OC?B;B=AC?@B9F04I@A9?@:?1A/@AE6A>JAD9-H@@9BAE;7=::>67.@3H@;?BABA:98CGD<4DI<2=;C52FE:>C:=FI::@<>A@;4@4A?73Q8+>7+==BC-31477B86BA@L7@A38:?3J8D/AFE:94.-A@68@CB98>H=A@DU4G9DA/G458B7A=3.7;=?@,=C:5/6B3KHFA-;,;C.5;;@:0D6D>F-<;JHA>:;3?184E?=J=48D1=9EDE6:@C;:F8HAE?G:GB1@>>-8;CB<=DE7;->2>KA1E1:::B@:@A;6/3G@>;1/E7;E@8???E4A->69C6B;@B>8;:>D.?@BD1>B8886JC=0@B9>C==@=N7E4=??EIE<@FK:=<6DAB7<:A?A?C9>AF6:CB=79BLA>?BHI>;=5A>@;8<+HDBF@>C?B;9:<:?@B2B+<=67@3A8;:D>7=;8@5EBABF<>:1C=><5>C>6<3<8F@-DBF48?C9G6II8D?ECB<7FA=F@DBG@H<740A?2J6A=B7HIF65D':?>6==B@(=>4>>76<@A4B;4?D:E74=E=;>F65DBI9D;;CG73CHHB@23EA=??C@1;M3;>>=?8:E:8JJF8E=C?+58,?9=?6:H;=<1AFB8BBCCDCCDLAKIE/8?G?FH;49?=HC>>4;B<=@BDEGC;@H>@DD90D>?KBG<==:EA>F9::2GCDF5>CCA?A:;E=@=>E:IBDEJ@:HDJ8EH7B;A>=AK>?A5AC?=DBGF99CC>=FIG?E8=B5C24=?;E;@9:?DC9=3?C?C7;7?BBDHCA4BBEHD:B@DCCFKJ9D?N92.@6C?&=CD=8G?=9ACH?A=:9BE;?E9B:G?JC6E;O>NF?5:IHH9D;??CJBIBD78=CCBBEF?@D;@AA;CAA=?;;9>HB==H=B8;;:>BE87;;=>B?DA82<@=AC7:>9?@BD@B@:>D74<8>6;99==8C@GGB=?;=<;76B5=8:=C7==09=4,<88G96@B6H?A8=6DC;8;>EN:=H?M>A>I2F0:?EBK317Q=LM>;F:C@>AICG?A=7=>@H66.E9AB>>C7I'BFDD;80AA?=IDA;=L>5;>?=AKG5H=B=G1EA8AI;H>6@;9CDBD377?+;6<9E>?=?@9:<>+>29?3=D3=9H?CC(D<7=@DAA7<5A?6<<93;6C6;@$DG;494B2=69CED:-:9/9?7:=B@>9E5*/(>-O.>B<:D$=5@H@I<>238G=D5?0@8F?2;B6A96>H2;E@174:@.9EABD<-A<@@6@C@8?>CA<3L>2:B>89N=859A:>FE*C?BB@=A?EA=<:AF@>@F>9A/8C8@F;:<>@D>@0B8+@49D9>>E9G-D?A?7<=>E;<8::347=AB2G93G87+;:>+H=D:@G;B5I>;>;88+C?>-91C>BEC?KG4:A@<*/A;;=H9CA4ED;1>:F?=F7B1?48GB<1AAE87<8L;9D9B:C7>;469@>;GF=8:A@5CB;=09ACFB>2@8>@E?6@0?B1<@EE@D>?>>@@5D;7DAG.:C9/IBF<@A@:E@E?*9@96E@CB=;G8?*EBCH3?F=>@AA*>>BA:;;59?B9/BHC@@36=B@:=DDA>D?GF8P@9EA:@C:GF.GA@@I?C8:B4CMBDE=BA@09BF:/>C8;F>F53=<>F;AEAF9@BI7C?7?<=?>FBE>;E;ID8=FE?:;=B9A;>GCDC4H9A-=@@IH4C0?E=@>5HC;CD@E9AA=I2?>4>G>@83EEB1;A?CAC7;<2D@AFHD@;6C88E;4:@@?A/D@@>I?9E9@C2?=>C:G2J;FD9;:EGBA=M@=?HAGA;BABAAC7JACG?6AFAAI.H8DGDC@?I7??>7LEEBLGAB>5DD&<>?BBDC;@6ICC6AF8DD;3>9?7F@?=DE4>=D>:D>G??A=E=IGFH:;59D1DBA?C6G5C@3@>CD>>IHA7LJGE>AHE8G1@8>G>D??;A;>'6<<@>FD7>GC;@<;=4@D9=EHD8B?8<=<46??9GA=PI;1HHF8?8?GEABF>FE?JGFJ?8;B=*EC';3>8IA:A=>9//8B>A>@@HD>B69AFB6@E?H>3C9>;9-B?B>?BCFD:61C=?:=D=;E>??=CE@;BA7@?@8BA=ICC8?86PF9>5>BEDDHB:F76=@A7A9>?E;??B46B?95?=.H9/<78FB@=K?;FHD9DA2?GA?+61K:@D?B?4=GB5C(C6>EE28ABHA>1E:>C/CE4:;4B?I;7J=C:5H=78D6@?2>@96=DD;2:@E1<8:?=3:D:>F>>>G:=JG98:7C8BD>8D>4=616=B/:BA@@JD><9;6==5B9F7<>AG?>FH:5EC@75@488)98?<89=;=@<<<@B794:=@G+;@<5@G;<@I476D>.5??BE25:@:1E77:EA@A>DD=9?)G,C??;>@<9@<7>H20F;?>9@.@;5:<>2(GB?GHC;G6D96?:BICC=IBB>=EDDA4;>0/?3?D>?92==>C1CD4;F;L?=89B16>5CEA@>.4D>C>?G;I8BC::ADH:F#:B?798D<1@<7HD8=/;JE9<@D@6D7H66;C:<=7@C6FDF99BD9C62D>G@=GA3;DCBE7D5A9G?5H7724F::=B6FII;A85CCA==AC8H@;HCB>2B9BH?D6;;L==EBFAE>.>DIC:GAB;ABA?D7D>?>A>F?<0;;JD>EHF6?:FDE/>?EG96@HC8>B96BAAA7;<6B?8AFDDC>B>B>6HCAF@AB?<615BD?H7=FIFE:B+G?=:8KD:EG61F4B3>FEI;>>@:F9AFHJ?G?>>=?I;8CHK>5CCCADBG:0GK>B:M?;?3I???EAIE=@F@B;D7AH5E=F8C5:27AGG8D?7?<<8=4<2E:=6G?BAH0@A8FEDD=9D?8BEDHCGC?88>F;G=D5CMKC1@<;G@F??-E89C<6@8>?FGCAA>3EF?8DCE>@A@EFAAIC56C/@CB>/>HGHGDI?<@;HB?=A?:7F@@@5A>7:@@8EHE9A?IE@<>FC<>E:4:A6CF3:E?@8A2<@D:=BG9@9@IFC<5E7=HK7DF8>CA>;=8CL-C=@87AB8CD.<=D;I@FDOL8ADAI=4E8?9AAFD;:BF<<:A>F:CK<9;>70:E=GL?66GD<=?89:;5:OA=A?C@FD5=9=936BI=/=@?8H-B@D=CC=@D/96BE<4A56D?8BAC9$7,6?M<3?;9@:D><>A?=BEA@?;7<6A=7>@9C9=>F:H35GHLL@;B9A4579:0D8+ED94A?7:D;>B=2B>4B8E:A19::=6AE5DADE:E7C/9=0@;7B>?=>AAG;+B5>E>BBD39@02?0979>>1JBFJ4B42?F;/BBF+3<@73?5124A;CE@B5;A>4>?9F;5?F:3?@?F+8A@@>4<8.A6@N.,05;:K@;>C$?9D?E?7B4@@DE9,EKFCIBC?@B@3DFG?F>A-64?M9H:C?CDAICD->>@?AF;:E<7=@;@@3D0?BDGA?;=B8:=):CE@D5A=;LBBBBF@?B4?D:A<@3/>D1C9C:BKC@A<;6>><>-?@864C=A=7BA?;72:47E:@8EJ@8;.//B7=?/9E?CD8*2BE.2A@=@F@DF@?F5E8BBD?0@;>=6H;@4CG529<;75>8;9836/:;?A2)88?8<:/>C/HABB<@<=>:EC?CDMGF@EM?AIRGBE;I/>C=:9>7A+49?BAC6:B?>>@L?<>9=A5;>8;BGI?4CJFF8<>>4J=4CC78.>2>@<9;C;?A5:6F;CD9499M5E6HG43BIC?=E5CFGHG=@==?B:G8CC9A@;C:?D57=;M;5F07FKF<7C4;C68:<6?GCH7?5I+<;79EDIJAKB?FDG9D<:?G0HC?@@3C;C?B?@FC>A<0;GACEA8BF?8J=KE9?8B7;DBDHABA=?0J?>A==D=EDE==?98KH>C@<;8CBEG2>EDMNB3FA=KB=B:9)?K>L>5C;;9GB:ED97L>7FHGFC@K@587>8:=1@CCG6H3C5JCJ:@BA;EGAJ:QBH;GAB9LC@I;G=:<:D=:9HG=BD?A?B?F7?/LLI:DC<;AN1HB:7?C3B=@==EB;?ACFB9?DD@>6BE;ACH9AL;9GCB;GF9=BD?;EB=B06I;?AA:AJ>I;?H;B=:D:>5HJ=@>FB@>=??D@:=7B7K98HGH:@=IBB>?8?5C?:@@=;>.LE>@9>/C=A@AC==CG?G>AH7<8;@E>:<:EE/996BFE?AB>A:1F4>AF=AA?DAB;EF>B+E77F$@71>6.=BA<4?,@C>F8E@H=E6B@L:@>9C7D-<0CG3B=@ECB@E9567C9@?ECEF=@2D?<<6GC9EIH?29K@N=??C=;9@3@B-BB9C96=3E7B80:;F?6:.<<89A9CF8@6<@?9A4:R>>7??B>-5:;<=:/=G77?H<=>=@AA&>=0CFB5;I;09@;>93BDF78CJ8LIE-D9DI;<<*;7D=B@:D9B>H>;IHDH?7+A=@>>=J3*229F>@::HD@I?:;;+97?CA2?@GDD7:;9@)DAEB/MEJGG?=F5?D@D>-=4?G>6:E7?D=:?>:C:@4BA:7.@@;E=+9DEA;>>D1:=AG>;@.8E9=4A463D:;26CD*BG2==G@/9@??A;58*>B<8=6;;3>8@>@,;?C?@0BD?DC5=8;67?9@:-BDDE@G:H*>2B;=/<:A2PH4K>844><70?;BDA>>F8@G6>A9B456C?5@8DACDN<=47:>3FAE@CG2?==I@5@B<

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b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aVHRZCSCD=C<9@0=I@DBFFB44:3@DFB@A7?C>A>D9>BH5EHCE6B?A4K998BBC1<>=2>>FAH+C8FC8;C<:BE17/:;EK67/A27<@>;?3G2FE:>1=5B:HCBB<2CG@:>=@H16;B9;BFKB@FBB=>ICA?A8;D8E>,>>?B@3/93FB6BD<>?F@FJ>>C?D:>HC77?8-A:BHB:7CJ=G<=D:G2??E0D:D:77KCE9KQ:G7EBA>6?89CCA7FD5>5H@;BKA@D3><4D:N25E=:@186@E47>G58E6E=3ED734?BJ6/@E;?DD1JC:/;BR=5@=4>J?;DF@BAA6DA@BG@3<>;>3EE,2F8;=DE@>FBB4A/=@81@D=@G;5BE8C;><9?H9>)CJHE;53H:FFF53?A7?6<6:98EBL@=::<9;@@+F;97D84FD9CH=>D;D3(=A:A;BD=C=>I8@GE?C:DCA58?A=839>A;>->CCG@EH?.2?9?GH>?;DA;F6E=FC?>E?>@C==B>?>,>B<=1>8CD<3BBE?@>CI,:FE9;:G+C?>HAA;A;9=A99?68BB@F:P@4CCD;BCCC9@5BAI?@D987>9H88:=DHC>AE5>=:D5=A>@C76C;28=@D;AD7??>19FF1<8:C>:=E@:C6E9@8?/56B8;58>?@=>;@BC6C@7H71D@C>8>:G?9<434B<:E5G8AB38A@4BB;@94@8=F:I=FH@9@CE,A97?B:-7?7H:>:;?@F04BC=0F@9D@F996>=BDAIC4=:?<9?HB8MG7?D@1B>BCB3:?77G2>C?>7A3CCC<;G=;K6<:A52EBK>=17@???=7?D@?B8F:IC;=95=8.:2@@?:9713<:?@C3@64=A-3C2=;:8E+G/:9C0>@7=2?@:=2A?@>;E%C,38>CDJ>:6;,AD*A/;9B;8BDA>B0BB5E79=>CDB>@7B>;9@=46A?A:EB??3F@?=9?;<@AEC-H?B9DB-?B:AAA@57EE>=6F66E8>B??ABC2K?B:AF>GHC3H;L:GGE:@:BF@>E@GA;KCB:BCG=6CBBAIABIBHA=,FI9ICCIBC<9:EB?<:GG;DGB@H>1=7A::56;:?ED@7=>E@A7@BYyfc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r}z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xm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b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‘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t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wëô‰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ileZb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f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d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b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i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d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`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`;CD>I;-:=CB;-69:H>71FC?BB9;CA=5A@?DCEH?I?7FG2EH@=@AD>9<>-H8H@DED:@6G3AG;DE9GA:H206D>H@ABHG7;/8:9D8%F9:;/F??@E2@FIA;E=C@B.D@=?2?BDD9*A;7E=98?2G=83=BF=?A8?H7>BA9DA?7?D5H>>=GE;CC5C@4E?>(ABBC7A;@66DCB:AC<@?@:H:?G?7>9B6B?C>AH;:FAL?>9L2;:>@D9B?8A=>G@C@BA;>D9?@E@<4E39$@EGH>FFJ09?>>DC=AL??DA=F7:=A9BA>?IA98N>;9@>@>9A;7?@A;@87B?=6EBC3C74D9.2:@>?HF:@?=697==7=>8AA>9EC@D7=@@:CE6<9=;I-A=?=?E9;G9CAD3?M9FCBD?:C6D>J5A=LDE>E@A>H>=;>9;C@BD8E@88?>@@7=@.?C@HFA:6@FHC>:B=49??,?;80=>BA@?7D=@CK<:F6B;AFAI;C:C=?G9?E9>K?DDD>?IE;4=48J=2?4EF8;AID>BDBBG8BC9HA8@DI8EG?.D;9:5=LDA866>DECA@3B<<4DGD;D@GG>8B?A2@EAF:==HE;DCD58?H9G>@>CCA?H>@B?;F?:E?DB>99NK>JB8A=?DP>AH<@I>D;D>CFA:A9?4?>9H:KBK@>>A>6?CAKLDGB5DB7:?LJG?9C?=:F@BDA9B>F??B=FC>DDJB0?@AH??EHB>?ACGMI6IIAB;K:FCHCC*;EJ<:EF>@:DHLBELZ?@KGA?ID@BE=BE98G;AC@F5KF>BA8KAGA@AB>CD@?7;DD?L9DLFD@ABCCB?;C6995?AA@5ADD;D=MA?;H<=DGE E4CEJ>?@A@@J>M=7?;:CA+ICC4@2F6>ECJM==JA:5A58E?<==@55E;@<=DC=CFHB?A=>GJDP2>@BE>AA?@<@?/9?1HC?DA.7H8C?IB9<2@A:?4B</HA>84F?4A@@IC37>DF?;@?-G:666?>AH>>BF:>==9IL;5I4>:>8H<9=>;:'8?<>?BB<><:D:=F5;5@5@C4B8>21;D>?6E<@96=;;3G=C1B55?;@>HKEFB0D>EFFBDAE@BA>L=B:<>G9@=B8;?=?G9=?:C??@EF,7=G4C3L@=76>?@@H?A:==DB?BA=>H;O8@9@F8=AEC/=>DCBACI<@B?.5;@<>;@1>JEB=>7=A;>C2??EBG>J6A?=2B5@?A?C=8>=A>6=91?A>FB8<:E=G>7?CD7HA@5A?@J;A>28HE=1?J9:<;E@CH;@?F:>;;C=BC;G8H?>CCGI?7>=GB:IEF@>DED@>@;B<1>/@>8=B=2=>AA747AA:G=9ABCCD<><@G9<97D>6@EFB8C6:>=?72;=G8EKLA;9BD;5:2ACFG:=CC@=0<>/?B?G<=@G1D;:D>9;:5@EG:DB=AA6E8BD;I@H9:HD9B=?C0BL@:?>GCA<=GH2PBE8FCCH=:B;B<@C8A4?A@?2E?BCI<@:L?AC>ICBCCFC=FBDA2>?D@BEG:@0I8B@7A7GHLIG?A=>C4C?>E98DFCI8GF4:H9EHGD==CF??H>C=?;J7BCB;7D1>ABAG>EQADLE@@FFAFDCCJCIG<=AC5=BDCAC:@=F@EDEGCL??H;>@C6>@:;;>=@GG?D>CEI66<68GE?;<8@AC@?DBM>JA>C==BCB>D;7@:E?KFEI:=C=?LD=BG?<3CN??ACB;BE88C>EE8MBHG:9;@EBEB@85>?JB6B5FKDDDLGFETIEC>??=:;>@FNIA@=IFEDBAD?DBE>86?1EFGBB7G?BGD;B?E==A=@D9C@AA;@H??;JD?923C:A?@CE3@;CB=G0J:=??CBI@L@2>D@6@?-;EADBE:D@=3>F?IE9=;FB1BCAC276?@@G?JD@;B8@ID>?>6>6JFE>I2F=F>A7IBIJF7B:2;IBC>@CD@DAB439<@7?F:?:>E3>;8:6A;<4>;8B??>B?C=16@CF?B8<2'?9C9AA?5A8:8B:9JCBA@>>>:=9@6?7@=??=7FED22=@4AHJ@A@?67?:C9D@5B><>D?B??AC<@EAD=B-B==:?>B<>?5>A;?><@9?BGD8@=O,E6A>=C;G=>8@BB:=>;E:D:A==FF;8C<:BJ>A9>>C=@BGA?G=9=B8GI=9?:G=E:DD?7;F?4DAH8?AGGA7=NFA9HFA5BF94@B=88?A>9AA;@>7E?DEG4CF:>C=>?8CC>;J:BA@E9>HH9FFB6:BAHB;II=B@GHABIA:CH7MD@@;CB8>>@D:1CA59?BB7???JD?9CA>CAEEC8AC1@:D4BE<@H:A?<=8@@2;68>9BAGBEBB5?D@B7HCDBE@C2E;;H=BBD5F?6>BEH7?:4??=C<@=4?9G@:?DA@=B:F9B68I?ACK9@;D?92C9D?:7??@9?G9E9B>7D@6A?E=/F;BC;=F>@;H>JA9A=AA61E<>>B7D9CF@BG<*D;@?J?:>EE;?EACKEA5GGF<9CEF/KDFE==A5N8@4I;=>:?@:EB:<:J9FGBD,:?7I@J@/7QAFFAFB>B:JGDCSBG@7A?E?ED@FC@DHDCCH@>FA8J5KDDBC9>8K??ADD?>@?>D::>@G6K>?@A?JG,C;8DCD3C=CFOBEF@@@CFBEDDCA>;:EE:ADOI:G?DHI9@D<1?@D7D>7M?JO3MHE:2?J6?==9CD<<;F=0;@F@7F>;H?GC>J5C?HBADEIHHKLB@=CE2C;DC>B:DG=7E?A4FHOCHI=U@?DLKFA=8A;H9@HBBG;9MD@FI=E@I7KNC?9E8>BAAIB7>FKXMJD8979AIEA@F4N,C3P;8G9JJD>M:L;9:G=6CD??9DCBMBI@CL=:FA>5BBFADJEFF5EDKNL@=ME9D6CBC=79BFJ@B7JG>G:@IGMKDDGI:GQ@OD9?CBC??CAF8?CC@Q>F@BBE>3HJA7BBFL?I:CJENB=F>8@EF85D;=C=G?-:KD8CBKDA:FH;D)??8AD?9D?JB1?A08@=<=@C?ACD48A8D72CE?F5=@;=JEE;>6JG;@@H0P==@7?F43?=37=HA?AH>A8H>5EBI@7I8G@G4?8HF>F@F;>=>;A;?JACBF7;:B=:GBK6??D8B=2D98?D?8>D=E;-B>@E79B:<:9AA@@<@??=;4D0G>;F=GA:>:><5EAAH55@CBA3>>??@1249>9.4>=;>==:==?;4@B?9IFB6=:58A>@>>2G7@:F>=B>;?7BFC00?;AF?ECG:4@CCG6ID:C=G>D9A?:86><7;>=D?9+D;DCD>C=A=F7EHBD4@;A@>@=?M4G>A:?0>>=D?@=DAF8?::3C8BFB@9=.57DH@87:A0:E=C=1:@29AA?FFC6:AD;5@@1CME?B>3A?A@EF?:CA?DCG>.AD:?7855AD@?B6A7.6H<<@378H=?=5A@8D>8=?CE8BDED=@BB=A?:>>DCDF8<5@:BB9@EG<=>=GDD?@5>8DBAEAFC?AB?GAC>/A;A=FG8AB9=9.8DA9BB5L9AFF?C:E@CAC@=<>=??BEIB2?A??C??CA=:J5@7>F/GE7@BBA9B@6F8BB96:7?@@9=@G>?@4FA+GC7BA7=9BE<;@C=GD8?>E4:C??A?=>7@>G9>CJ@0CGA@@:@AA@@D9)ED;>@NG72>>6F=A7>EJ:>BA;6A7?D>?=9>?==6B>D;8BC6=C8CEBBF:;<:FFE3=?IEBDA8?=<>BCGD?DA:FA?B;?@P@4CD:H>=CDDGJB;=:>B>:?AF9IG;HEBE=>>;GC9@=G??2=@6/ECEAHC6F>JA@GBD8@BD;=B4JI6EKDD@B=5B8AFB8B@4?CI;CB:69?GE>A==>;AFDH>??CGHF0EAF>HEED9A7?CJ@E9KDGA;?2@)>5E?FGCAJG@8;7CG???9GG:AJG<<@B@A>?DC>HBB=A?FFDDK@@G5@BE?BFAL>KC@B7;UJKMFEB;C7FID78DMC@=8D=G@FC@C-9H@:=FB@7BEFF>66LGE2C,4=@6HIA=#=A>>@?5>GCC=D9FE=F@I>C;;A6A2HIUY.EHD7C5C>CIDDDEG7-ME9:CF54@JF>8KE:?3?;=8G4D:?B=BB??DAB?@9EEA>8>BA@5>MGC?.I?@6=;FBHH@5;39K7D@8334>D?6DK:<>69>3@80=H=<@C5.C;8:CB@9G3?B>@?FEA;AED?:>86;=D7?:CHH3H;6G;-:?9D@C4?;?C=15A@@>%HC@A>EBI=44>DC7D>:?LAAH?7:3DM=?2?D2:99B7@3?IJ5E,6=>?6D<0?F;>=C=?C>A?6C>84=::73??@:1GCF<H857C6B6G?B=?@FG?B>@E?<>>>?7G@1BFA9?57?9<>CDA<2DDBF:>;I>E@@F8B:;GLECE9GGKE:B,9B;99>GA=F??HB6A>=E>C@EA?I?>;@3FG@?:A==B>7>D?AED=FD4?08E9A8@:I9>BB;@C-9C7;C>9?BG?5B==A3>@3>@A@>:;89?;58:7C<:A??AF606:<<;>GBI0B5H7A4@>82=4H397?@?=>EFA6E7D>.;@B971/>=6FAF>:CB3B;J::?==HBHCB8D@D1=<=6?66;?>4=9CAF7EB:86B?AH>=;H<@;?<@:<9<>E=@C:H99DC8;B@==BDC9@78:EK@;?<:C=:HC:>9?>2F<=A39<;<@=ACJC5@BCB>5=B9D>79@:;C64?B:B=JF9E:A7A?B<05F.;7EDEAEA75D?=E9N<=CC@??L?F@>8>AF8AD;>>8@K1IDE9A:?MB:73D;I:F>:;FEFBF@B?C7@=8F?BMDECJ@ICF:E@7F:>HJE8A==?HA>;=B<@DE;DHMF<=FDA3HEJC:0FAC4<@I??=@F=7GJ0E?MAFECC;@?CFD=B?IJ@AFLLGF=C99A*DP@>:C>BNL?H89@GA@BBE?NBH=CI9F4=I>APAGG9AHBD>B>DLDGCGQGDAH?COC?8>DFDCKPB@>;@BH:BAC;M?HL?J1B;A?Q9I1E5:FE7GE=D=AOADF=E?5;=HD?7OAE:>BCL?F7DA62CAJLDD2=;G@ADDD:>DJ>BDF?EAE>8MD?A@B?=G@?86::1@F9-5D>:>@A/@I-8?6:8@:C41;BG:>9B>E4@D:D80;@3A6;8?@A@4@@GA@CFACCDA:AD<37A;I@C8<=BS@;9<@<-=;3;GIA+AE+C:;:2-BB1>H=GBAEA?K==6CC>A@02D?B=79D.89GHB;F=A1=0@I)B@EC2@?64H8D649AA/77.CA:F7336<7;G=;;:A4HGB<9JEA?947A?B:AAD=AE:9=:K8C*?>G3:B;=E94<@282F?.<AM:;@>BCCAG8H6CAC1BABE>=@679>ID@=.@9B8B=BKG=FA7B2>D8:==@CBB:A7B;?9=B,DA>>@9BB@=C@>>A5?AA<8=9A@-*=4BB5BBB;BB>;G:>?A;?93A)D??EEE>>B7<3M@ABE4=D?<12>>ABEB@BC=G@H?;@DFI9=EDG>F79>3;A;?B<>0ID<@69=?HAC<8>DDFE<<6<3=EB>BBG8EEC1CG@<=EDG7HGBA@FAMA?1;EDB=8H?C7CBB::?MF79BD5IE5?>AF?A?@=8<=7G>=2DI=@@D;C2CAA@AAGIAB>@4=<@<6A9D<<>A@?>=A<@@BB@9=6=IBB8C8>C;>;N8;@BCO@52B>7F?>4A<:7A@@8:@>C;B:>:=ICC@,@B<9>6;?DDGC?A@>F>HAF9ACBFD;H:?8@>?3ED?2?11BF@;H=A08JACD?F??:E@;DI?>E?6IFD;5>@5DBD?:?CFCGB:BEGA8@<>ABBBC@<:F5/@JAFCDIC2=@C9I@=:@BFA<9>A?8PCB;ED8;??;BFAG97;=<9:?G;B=GBHJ=D;?IDPLB>AE@4OI=BL8@@?@HDD7=BF<<@BDBIGKBG;>;=@PAE@?<>C=AOD@7E;DDF=CDE:?BF7AGIDL267A@7CC::IID@ED8EINI8@F3E@9G.ECBLHFFDESF?@>EMDDF;GG18FFDF5BJ@CE<>F7E=J9=>BB;B@>E>1LC7AB?G>>0?F@32:@LCA?=C-BD>3IL23BDARJ@4?G;423/.CF7@B9L5B9K:?@E7CBD23B@=C?C5:E>89ESB=C4>=;?;DJF737?IC?>=9CGHGCE@CD4N?E9GA=E?;B7F>DJ=CB,AC=E8<@5;DDD@:93CA9>-2=@ADJ=D86FB3C>;C877C2:DM/G?69E>9@-=6C7A?>JABE8:A5F?3?NA/GF7GJ>>=>@EH;<<4C;A@A?>9AB?67@EDD<6?D>A@>CCD=:>=?F25>>J>;*@:=@5>;H@=I;:<49>>;?>H5;3??7D'6MF6;H56AA=D>>CDAB87.?=?,@>@E768,??=E:@@=@B>B??@EB88D?D<46>A80A@I96.=<@A8:3B468A>CCDF/=@2>5=17;C9?@C9C.;94L2@C6GB>B5G:?GC<9@<:B>BF25/GJB=B:ACD6BF=DFBB?;DFBH@DB9;3@E=GI=AFBICB4CGCCD;9D8:?<>H3I?CC=4<>AHBC0DA=8?;>0DG=@CEAF@;B?C;EFE@BDEA4IA1CEAOG>=B;>CD5>AG;HK6FF@;@IBH?B7@GH?D>;IJ<>?>F7H<8>8A<0DG=BBB8E>:?;=9;=;=CGE:9@C;<9:@87C;FABFD8:J=A;@A9D8FM;9FEB;9:18:=D:CC=JEB:EC8@:CA1?C6=BAA@=E=BKEA<>;?D=JC85CKE9,@C;B;EBB>D??:BDBG>D@D<=BE6BK@3A<37A:A?F>B=?J?:?'C@B>>>B:DB'AC8?@A;(:D:H>BJBCCDBA9B??99?9EBBBG>N@F>KGDD3E8HECGFB<4G9M@7C:CE@C?@IB@@=>6<=<@C>7FC>1>A@EN7C@:BA4G:M>>D3A;=GC1:5PL2?B=DDIF8CC?=>C4?=DGA?O@@D>CE<-@6@B>?BDEFTF;@DA<:C?F8FAEBA5A>?>@E?BEK@QEHBBBK=:DD?B?E@>C;/8?7BIG:=EBBG=7;L@H2CB=CA?I@CJGC5A6IIB<;B>?@BJ<@CCIB?9=B:F@BK@C@;7K?8A9CDH9BAQU=DMCDEMJ?8@9C@7BE9:=5CFRIB665;>CC@G@7=@=;C9E@C>9ED?LC396Q@/A@9D=C@@2C@3D3;AH3EE?F?A?0;6==AH@?8=EEHBEH:4>==DB5=@K?@==@9I8?>5/APB?5=:H@A=C@;@;@A2D>?8:B99CNDABFECG6>>;0G=5?4C6<1@<=>>=AK><7L5@KA$GE5;>*(DD<=98@?P37D:A=4C<@-9G@E2A@@C;<9=E<<>8HD5<3?;7AD;)>=B,4;99)C6@G8D#79HD6:=3D<9G<9A89A:@BBCA<.=H5==:;>7;==@@<>1D:4$DH;A::9B;+=:AB?=AB639>HG<<97@21;4077;;C:B/8@B>;C?B?B@C8DG=;?B8DG*62>>>AA>8B>5)F>:DI4@@9A@@B.BEDAFE@:?>@A?@B7:;B@FBE?<7@BD9<6G@BAB7?9F>K=8:8F>;@4=>D6A;*A@CJA03@I>7)>D=CHDHDIA=79@@G2@7?;=8A@DA>DJ>BFF?:><4<;AG?BBL;?4:;>B?7B=D4@EE?5;D79CB?%>>C57=86/?B<9C?;>:?@AGB>B68H?=GDFAB@JLB1G?=@=B<79AG/E?9D?AC>;@@9@A6EDG7A@>5F@;=@F6BG&CJ?7G>?I?C79?=E08GA7<=3E?BDH?@CE>B9C7:?@IAAG=:F@F?E=AE:>DB>AM>CLEIAIFA@>;DD3;>:9=?G=@CE@EDGFB=>>DB;@8==A?NH7?CDE;>23D;B3C3?FFD=HIJEDC;D;9?HCB3C@@=>HH0BBC?6IN?B@DC?IDH:=ALCA:@KEC-D;<=JHAC><7:F=>JB=:28FHMD>BHE>KD@BA@=EF+=@@6?BE?LA>:9?GSMF7JC?=TI>@BLGA;?:DK?8DFMB=E?B9D;B=<;CM?ICKBE4FC4D;;9FG7FT?EBCJH:B3GC=CG:==CA;=CFDA7>:B,4=2BHFHN=F/B?M<F6<>B4?E<59EM>>N?D;;??.DLD<:G>D:69MH5D@=FB<>>6G4@AHC@;;CBG7*A39C3<@?BA>C=I?5?DE@;EC9EA-/BF?CG9H?4@>>DCEH?55,@C>E9B.C<865B,?*>->HB3<5<;;D<>@B=?@B8?D2<078:"3D8CB<715E:==<>88=862=1=?=:DAA6B>7;8I?99D@@99,82=DADKGAD;2C@88C9AA:<>?=B>CIBLG56D.@3H>@2C??C9A@58BF3:=H29CACE@@B==BBBA:@5=EB51?6B<@>7CG<5?C5<5>?7@7D9EB<79<:'8CH:==BD3?9>@IA5?@FEA>CB>A;+36>=<=D=J0D>9A7EC0EG2<=C<3>9?E?0E:@>FI=EA9@9@>0BB86>C5A8CD58FAC6@AC79A8AD<>,A=B@8*;?CD@48>>@>CA9??BCG:3?>?>>:B:?BE587=I=@:D@>;>=85?<=?<7C6=D6>;*:8;?CA=F77=7@;=8IA:6662>3%>;@::A<+=AE8C?6A?A.@:9>5/-9B:HD5EA96:>B@E?B<24<5E8=7=>1?GCE@A3DAF2F=BJFCFB<=D@9CG9H;6CC@=C=8?C>B07D==@@>;C9M3C2HB8?-7H=>@B/216C<==E@FC@BD87?@8AC5NEH@C==:<3EB>1B?6B:B:>DE:?B:D?6BF;DAAB@F;??L=AB?CBAA;?7D98C8JCA<84B::7D;4>H?=:E/;H1:/DF;.A1?@:;E?F:?GBAAC@?H7>;=KBF>=DIGE@?8D=?B:F6C??@==>:@EA7>G1B;?A3C64=2@:;>H=B?D>C9=G?LDABAAB9BAA6JFCB=B:6BA1@E?HCE?C>1<6DF?@@?D??9=DDAHMD??B>@?57B06JCFBJ>CHD7>G?AA;?;BDA=?@CAEDAC=E@I?HHC?GK<B3<>=:;8=:AGQC>@A@/;OB;38EBFC>DH==>68:BF<5CDEEFC?P@=DIDCAMBG=BB>:D@JHGO?*8?@@B:@D6=F/?DKB9JBF@?MFR:EQFD=?A;@>N?A;@=?A=;@B?4BL:1ACCALE88KIDAD>JAK6D9:B<8A???9AK>;4>LHR?86@AO7:>:?9F>?I<>/>:035G=E8=<,?EH=1B>2?>:5EIC>?D=M>BD?@7A<@=M<>=MB1@<63=2;AB>9ABJE:>:7?>=A7;>38A19.C9L=L9;DE77?6@=D>;6=B?9/<7>2@7735=J>E=4@5?JAD98C=;D6N217<4D;?;4:B9AA5D<;JDF8@AE/5?4>?=BGC/AA>A>H7BK?>=@A9@C<8@?C???<<9>8CAD@A@3?:CF808/7=<87:@A=;CBM88;?;C@>F)CFE?*>>E70?4?;CA;E@BB9>D;CABF?F=B=77@>D?7C>AH?=<5@D6=A@;8=B2=H<=D5;:4?>?@D*%2?CB><7=@?AEG;D?C7G3/C1@2:*:B=3=4@>=?0;@86A=B@A@);7@9>=>F?;*<-:G<;CB:7<2@6?+A?>H=CHD;>=K<6>==7G>;DH>CI>@F9=@H=FD@;I;:@>=8DCA:E=>AG9A<@=AI9EBE==B8A??D;=@;>J@FH'H38=.FK3EEHG<9E=@7BG<:AA?IH1=A>KDD5CC;;B<5@F7<=DGF<<:E:CCHD6H9>>A4AJFH;?BG@;A7+DALA@@>==EIC=;A8@;E>JDGBHF<=F296G>?I=E5@G99&9HF<;:HCCBDE?JF=;7IDJKECF@CFG8D<>?C9C@,<@H:FF6FA><5LA0AG6>1F=8LI=@=B@DD?@>CCICB.B8F:?AFC?><7>F=EI@EBA@IAC:A?ABE>GK<:FF9@@B:C>H?DMBCI7KCC;MBB;?9@8??CEDIEH=BFGK=AE?8;E@@FJJ@5LB7;8@>KJGCFNLG8FA;?@6?EM>JNCBDG=ADAA2EA=;=7,@EBB:=5HEC8EG=EA8DDH?@BC@>9D>AH4E@H8HDFHH4AFAE@?HCCDIEL881<9:J;>I=@DGOF>@GAKLD>@EILHD1B>@<@?)B>?@AENC;:CG8BF?=5GC:EB@BD0=C?:C/D6@6@;A:AIC;F<9<)MAC7C=2B?=62@EB=IGG8D;;>D?ILCB>A@=?DB@AA/F:1=A>>@B/=8;EB.FCE<=?8E9=NAEJ>C3:8FEBE==2B;@AEH,JC8;>C@CFBN@FDA>=99/DB0@>BD?BN9?H>A54<90=@AJCMAAKCC9G@=>L><AJJE5=B;9:C.A;95D>FFA>;BB:=A=<@-I:B@>2D/>HD@?=4A:=E=F5=><=H9;6CAFMF;:B9H:@A=?8@6AFAC>;CCE=:CCY:/;=E;>9;7@H@>@F@;<6?A@0AA;@J>F=6:=>:760@87?CEAC@14<)@9A5CB8A=D8AJB1A:@@68@>B@>DBBA;:-;:C><@>B=G9D.:-@??=CD9?IG:@;7H/=E4JHB;1?>3D>G66CE8<4C@6B>A8=??4=K3@H@??6984B<7H6>?FCL=88AB40>08I99?>AB?H><8*AA>@A?9BCF296>*=/5>9;9;09:BDD@C896=4<>A4<7CC.B8@>A=2B>95HAG0EK=IAB=CB0??627B:E=DH<D390L@?@H>DD@C?4CHDE;;LCD6F?BE=C<:;>F3:F@D;?BA;E9?:@C=A>3:;D&C@BB>D6HCG:CEG3959ED=BA72@B9=GH@C7=8B=EJE>JDK9CEG@@E?>ICBH94AI?FGD@9G==BC6BC>GK>::;@H;?2?DH:62B<:.F;9C'=A<2IE@CEAB=337CAAFCC3FH;;E+B=A@B8>;ABCBF;9DFE?@E=E@E;GAH:CBF3:EBB@?LBA??BA=@>=EGC??;F68GF>CF>=>FB=DCF8>BC8=@B;AH9CABB?@BFFDCAJBJC8IDEF@KIDCE9DCADE76==I?I4?:?8E@D7=EFBDP;H:H>BB:D<@;@8@HJIK=G:<;GJ6ABC9HO>IACLBCDKBFGHG?5@;@;F>?9@;AC=B>B;7@FIA>@CCEE>>EE>IE;A=F@I1HEM:=7BHF>1KIGDH>;D;>CI<9RBA=RMF=>F8GAIK>ADDBG@BE=DF;F9DAFB@KDEF26BJLC=:CE*4?CNH;>KDD7;>?ADN?NBA=2AGB=;@7HF:>BDKFG<>C@BA8:@EDJBD1OSB:EF;:6@=1;B./F>J4==:ED=<4487C=>DCGABBAB>BFDDJC7AC<=II@>.CCEA@CD6+=56>?D8C??@(F:=C;=56?<*>>5?:>=EA-?E;=@>:B@HA2B45?@B6F@A;CG=F;I>B;8CA+C?@?;H@B<:D8988C?/9@C><@D5A;<7D=@;EA7?=@=IHGC=6@AE>DA47?/ABF<9LBAAA(>E1C@<66B<=J67=8=J>E:EEB9@CF;1A?D??DDEB<3F0F;D;EE7CBABA/9;@D@=<7@B@AG8;:>J==@@>ABC:B>8:E>2<:@;E?@CAD@D;@@9CD8D89FDD1D:8=GB8FB:E?,=>-H:?A5E??2K9==?;8A<>G?>F>@)B6DB;?E<;5IB96?@<=1?BD967;@=D<=:>?0ACB5=EA3>6<:D97C5>A;8DA6H9?AC@/398@5A?>;B@5F?@9>@@;,>8JB2>=J>B67I=B;6E5+7@IBA6,@<:<:9EA;M;6A>C9<@8FC6AD5BC;=E;A,7H?F@?H=E4=A;7?M7A;E=B7DC7FDCDF:=8:BF;B4@ED008B79@BCD0F=F>A?1BC,GC?549=?DGD5B>@B@AE;<:>;@=C@=87C=A==;9?>A>>B>E::?EE5>D7D>>D7FG>+6@MDE:C>=G=3BDCD;=@;@9CL2EGB:8@=;BDBF;<7;;1E=F?@?;C@B?GAE=??>GGHEDAE3=?CHB8B;@?58@B=G9AC?A=AFB<GD8C=AF4>5>B?=M>>EL?J@E=>B2DD1CAK63H7FGB'<@A@=-BCG:?A698N<3CF@?>DEAB>E3H;CC?,CKDB@C:4>>DJCDDDCFE@A:6=6@DCHEEABIHGH8;@BBE9?C?6:JLFECI@?F5II:IDEC@@@H;;DC@@ENIBB=J;M8@E@D>@C:8FM;GMD:E;7A6?BA?8IIF>>J9?BBDDLB@D>K?DD@DBBLESE=TJKC@JBQD:D;DF<7@B=C2OJ)?7C:;@FD=<=>B0@BD;CD9G?6F6CB<;;BCMKC?@CDM@B@<=A>FADDA89:@>HF?76CFEM=<;>CGJ><<@>9=B6H;<=;J>9D2>B90=JD2ADCF.=?BM<>@=>5;@H:@ECDB;B8@A@BA@@J%3;::?CC=9B<7D?:@O@G<)F>D8/@@BAA>3@KA@C7DE;CAKC8>?9J8@A@1;>@4.7;D<9AE@AC@367;:8>D5@A13<G@6>F@G/7B7JBDDFGE3C7BCHA16@?C'@D:?<9??2C=GD<<==9<5H62A;:=@:@9::=C>>AB==:=1C<359C@;?<7:A70C<3>JAABA86E6=*9=C;5BCFDI@>6QCB@CF?J>8=@A6GDB<>F<=5=PG>FB>=B1>47?C3D:?D><@CD=7@?A;=59<=C>>31?E?C>CA<:BBE<=I6G@9@6;C;C<2'88;A=@<7A7;1;?::7B@;:?;>DI<@79A<=C=8=<>4D;?F7=3=AEAHC<9J>?C2FJ@A@J@@:B>IBCA@>:DD=JD>AB:B@AH?@@>;BF?@929CE<>BFE?:E;@;@@E8<:24?BBCCAG>?7B:?9?F@@E?DBC9A=@<:4B<75;ID=G;B9J@C?>E?FBD>:3LDC@@EAD@5B9:?><9,ICI@<4G>?<:D8==98=@8CB>C:9H=;8C;@;F1<>?=@@;8??F?C=B9;AB:7:@<;9?BB5=H=E11BH=@@5E7DIC16DCK@CI47G@,8F:;JB?E98F9CIG9:>BDA>@DDLB>:89D>,;?AC;>A@6?EI@EA;G>A1;<>C7=C8D>AFL9DB>>;:@9FF9?6A2AB@D6D.CAD5H@?JGDDCIEFOCLC1CD=@A9@D>6KCCMJ0B@J;:J>D?:H9LIC@CDFB/JH@NB;HAFG>9AAAC6J9EBB?@E;B;<>PDGFCCAF<@B;E3EGKJB3D>B@F?CAADCK<;EGF<>=CD7>;HDFODF;5-CCE56BB<3?@M?D4DA=9>>BC?5<8AB?6AAD=>?A8MFD?BD>,9F?9E5GG;1A0A@FAA>;C9=.;1C@>A>>CD>FDHIA>GQGE=9>7C6AB6F7D=>H8?>D91;==;::;;C;EE>B<1A?@6AC?:A>;@76DJD54<=48;B)CGB7<@<=@DBH?CCD8?;B9K;?5B0JB2D5@>@=GB57CA6=D5D5BBFCMF>G;G<6<44;AJ;;;A;A9?C=BH>EA=B:G>?DC7.AGCA:C19C:BE;>=>1>=BC<<;=>EBG>J9?5F@;6>;@;BCDM;<1:C>+:@C?3=(>88;:26;7@@C8@4?2@<=B==B>/BA@I4=B5<-C??>63>D8;A4?=;BD8AD:K?8>7A,NJDB7:F2<<<@26D>:=@;C-<:DC@B;8@7A>938CA5:@CA?>;E?E>E2DB.8<>=F8C9BBD8E;JB9:CC?JKA>J:.:BC987F6<>>>:BFAA?C4?B=<4;CHCG;@A846@A=HAC>DJ?EH??BG4B6F?AEHBFGL=ED=79G@88D?C3H6A>=G9@@3>4BFE<=>FBA=AIAJ>/3B><@D:D=IDAA6G;AEBA?;>A=B94@A?;:==J5:=>8BG;IE;=A?==FA<6@>4:H6BH?;H=>9=?B@:ELFCA=<4;GB@@A@CD<>=>97:C?CAA3@97@A?;C7:1C?C;<=D:@<4F=;4A60B;=E?=F5>G2A>??B>9:3E>CID<5FBGC57;EJ8B756C6G=@I4CAD=B@>C<@?B?DJ@CB59@@B9>A5MC=A;H@DIGDM=J:G7>@BD@N;=JIA?B?@78C?>>FB@>D;DEAAND@>48DG@AFCE@J?ACD3DFEJEF?>@B><1CB=SD=GGD@JDF;44@9>6FF:ACI@G>F9BDEKE>7O8?@G::EQC48D:P2;E9IG6;CIFE=ACJI><=5>C<>FBI@==@EDI:<:@LD<8@34?@50=@DI96AAD7BDCFDCD<3>=C0?@AC.?8?2;=F5>C9GB?-F:?4D?9DAAE6D?FK@:A?DB>G;>F>=C??@32>7>B:?8@H@BAB@@AC=E2BA4<:E?+@C82G?93<5:66?7AF8G@:=@??E9;H:@EBHC1:F;9C>C4AF=58AE8D;>IB4DAGAF?3DCK@BFE7GC?FIF9?K>6@A7=J.@DB>>FA<:?AB:?+DFDDH@KAGK@=BC=?.:917>BE=>F=?FEA573>?>;E9?C;='6AM<><@9E@?2CA4BI:@::4A>=ACD@86C6=6@:C45@AF=4=@<:?:B@9=EB>7D88?6>;7@T>7?C=A>B8.??BH79C?B@)>DB18:D=6GC:7=B;B=ECAAAK3C>C>A6?>FB@8B=?D8:@HD=CFC9E;;;<<1?DD;E>FE?HFC=:=;/6C=98@B<>>?@@??:8FD=@5H@C:EFBJG?F:A>G8A2EA@BEBB9=B@6AC3FCG8O>3=>?>3>G4ABADG>>3;DCF7;>749$9B=BAC>ACB6=G=?:?E@>ND2>:C<:DB8;CDJAG>9FE>DEB>F-B9ALF;C@=DG@;C>@:@DB:E9>BF<:=;1;H8:6FCE9C@??@?B;ECE;?J=@KACC?@C;G@BD:M<69BC8?A8C><@<>8)I?7CF>KE:9:BMF?AB>@@G9H;BD@;E6H=4+C>>:EFKB?AI<34AC@@=FC?KHHA;?>A??C>D<:>>C?I@>9D>CCA=9HEGBGBG?C:CCFLMB;IF=A:JECG5GDABGC>@FD9>A?:=C79EKE?B?<,99=LB:=C>7C@@;JEBECA<8AIDMCQEC==90G=;:DB>==A=CF>A<3AIC9?A@B?I=?=>5>9=IAHD21E;?7@D59@BAD>8E47=CADGKBE@CAA7BABP9AGGIG7KP>C9=3C1CCAK6F>?A?8N6I?F>AF9E>D=JHIBAD=<:F>:E;96GD6EGF9@;?H:BHBHGEFBJFKDE?E@B?U;>EEFGB9EG@=74@CF:?@@98C@B?B=HAHA=@<@LFB@I;;8?;@A@=7K?6C@7<+A??7EDEAH5D9:?:EB>>>.LCC;ABF=A;A=2?6;BI;@9AB'6=4ID;7>B50>A8?:C/=>DBDE;;?>8GD2>;.;>@J@?0H<5?2/@4D;C:=AD?@:@88DA3;C?9A8>3;BA@CD5:58:C<=7@??8/>B=C8:CCC>A=F3AD?CDC>A<>@86=A=A6K=E/?HBB=N=9C5>:>JM?6=7:5:?7B?K>?=A7==>?D9>F8A@C>AB:@;<==;>;=<;<;5>C88E;?BBB:;@8=@I=F;A?B>.=A?7DAGCB/G?9@DE<>9GH=D36C:=1;7EN?:C?A?A3>9C<7=>;F<=BBC<8B:7?@F(D7AF:G;78AA><><@<>5@BB<<6;6=@D@9E?B@=9BL9FE?EA.FA>32:FE40==C;40BB=D5'D=3HC>>4<3;86AA>E:B7==DF03:82:@78BA;C26:E?@46;DF.H4AAA<6FC9:=B;0C:>=AEC<;CEB?0EFIHF>?JBC3F>C3H>@CA8><;EAK5=A96EFAC>B3GCE7G:>BED:ED9@;H/=A@?G@@=AC>ICHE?@4GCDA?8AK?=7<=;F2B>@EBF>BFDA49>8BE=@;EH:@>B>C<@I>J;9E=>C>G@CD8DEE=EC>F@4@@9CCA=ICGDHBAF>C><7?@E9@JABE8;CDC?A3:@AI9;;<=98G;;E;:<@AB?H8D>@??>B:C?8@IFAEBF7@B=@C@GE:BCK8AH@?5>O:BACD8AI?@J@BH4=>DC8=@8QEMA=KFC8C<FG?IHKNDG?EA5NHGGFEG,CGI9?KJF;JBADEJIGB@8BFCBFCD4?B=JKJ?NAE=BIII=EE9?B@D93:=?DHDECKH7KIF?FDC@F;6CCD:BDB4<99:G?F>FFFLG=A=G>>KC:2;;8E;DCI=@=58@@-FE@C;JLGE;=?@99@J<8KJ<=A?:>.NEQDG.7=@AFF8EJI?5BADA@I3IF347A6/0@9C?;:A6@CC3CD=9C?6?BC??/4?:<,=B>>AG@>I>A>@C:B>4G>@<@<7?E;DD=7>G>E9FFB8?="EEC=6BE94<KEC9@I7>@;=<;C>BG=<7?C?;8E?<6<)C>?>=BBD5==93;@6<=>@<-C3BC;<7F.3A9E7C<>A8@>G:92G3D?;EBC?A*?A618(:@E>0D6=5863.2>>?8D/;<;ID?D9>8=A=6EB/5D*F;>?F;D+BAOA>055H43:<7=@D@@@:<<@GB5D;:C>BGB:D2=>?:D=G:H8.7=O?A;-E:A=0:AA9B4A>>;5;C=;;=???=132>7;.?BA?;=/M;A<;?8;>C,?7;@CE8?'=.FD=4B3<98@<<=6FC@>=3FB@=BC8F:=1B6;E<'>G5??CC:=3G8%C:9@E@A=9:8;87:7>>;/DFA2:8?:9A3;?=B:9>;:>8:1>CED?31=0:;4@C8;?C:B990?<59-@@F<;9;=@DG<6@;DG:C:HF8C@?C?G>?B<@K;E?4A:DB;>=41EBC<1;GF?9=EF:5FB@BD>@=BE8JED?EEOBD=?FDB;A?7CCGBEF01AL@AAD:D7IA:2>=8D=BDA=CD?@?B:6C?:?7?@GA>@A:@5F?B9<>>JF9=FB;CA;9?AB?H<85@CBMEAG?85@CA6HAC96A4?EGA=@@>GB?E>D5BCACOB:F6A7@D?AEH:BFBAH+@;DCB9GADEBBF=@F6=DBAA=9CHEDE?G@EE;C>7AB60=;F899>@EHEA<9E4EJD<>A>5FCF?C7>EEDA;FB@E@D?@C@=ED6?H;B@F>IJEGG>8=HEJ=3>6JD:CG??DBNJEF?B<=@?9IB5MNGC9@C?;?B>=BFFJ;IB3IJ@D==D>G@9?F@EEQAA3F>E9HAE;DJC::DEARH5BE@CA?K=DLWEELFEFF;CCL7BDDFADCJ@F@??EMA@EK@G>ABAJ;HD85C@C7GC?@;EIAD;.BB@9EF=6@=AA?32F>C6G;:=JE?AP>?EC5EFKB=AB@ENIBE>>RC>E=E=>@B@F;=BGL=FDBCIJ:=D?*E;9HGBB4??97:K>EM3F:M=BBFKGGF>G@CEAH1?I9?@@HD?F>5BEA>0@:8-75=B8C7=A=;DOEP;9?B<79;A9;<6E;>@;=E>;HGA:G5A?<>F<@I5>5<5A:?B59>>B:>C??F>?;/CH>=DB7A86.:3A7D;=C=ABC77>E>A2?<@?<:48:DD=;/=/529BBE;8=A<8?BF<>>>;=B=:7;:*AB>93ECD7803=@@@1=;?(A?B?6E=7911D8@67:8>7@2=>:?8<1??4=>@>7=>B?9B?C?BFAD;CB9@?<:@@8;4CDF7A26:@D;>;G7<<@;;D:=DE?>E>;=A@?A;@=CDH+B7?AC;=.@4C7BD4594:><8?AA;9F>D:%C;=56??4A:998:BB??=>3E;8=>=???>4=9E4?957E8B:<:36F:::A9=A;F1AG917<@1A@9AD2>=D;?,?AC@<6@CG6CA39>C:4?DA;G)AB76@70;A?=82AB=<=:=?A5=0=:@A;>?>>@I=8C>+8D9=><14>0F=;4A>@:C9>9AM<;>>>A7<=?5?B/<>@,?07/2C8=A.<<@4;9;>C=CC;B@EI>?AHBCKEJBFFE=7H@5A9FAHC9;8IDG?:?=;@:B4DKD5IC>ADA=8DE:C86?28D@I;A?A2;=C=B:9@<7>>AC7ACD@<8?:??C68.BB8?ABB?H;=B<@DB?>;2FFCE8:?9BFAECAC9D-AA7AF;>I8>=0FBF;89A:99=5B7=C:=@CIGF8>AB8E:OG67>;=IB6A838AC>EA@=F@A9LC67D6>@>9?89@H3;C>E?>>D>88=5:<>B:=>BE6K;7@ABCCD?@BD9:=OFIH5@E85;9@A>CF=?FG838B:JBB8GAHF2;6G>FL6?HC>KA>DE:BBCABAAE?C::D2>4DCBI;B91@A8EABCB=?B4G@EHEB6=8@4>B:F@D@BE?F>D:=E5@@:>><=9I>=DBCFJBID>?K?:G=AI@B9?=DFIC:,JH@<;@EI:;B;B5M1?B7BF=D9<>J>DD<:;:??1DJEJ5@CA7L=BDAC@9B;BFHH6@E.?AA=83>>6>.GECAD;B@DD=H;@D=DA;HAL?<6?@A:F94?IIB8C<;DLEAF=O>JEJHB6@7BEO2SDBL?C<=@C8CGCFA8@@@4C1><4F9DS8;JFE>4AB@=;>;C;<:F8A@GCB83;EDAILGLCABG;CFCDAAA<8PMEB:;<<7+A7?6B>0AME=;<2?:@0@B7E755>@>?CE@D=89;13A9>;EB2;A0?KB<:J2;HA?<::E6,383,BA,@7?)9?C=07:I47189=6<4=M>HHLFB2@B:A3:EB6C9E>>44@F?=@9@6>?7A>><9HB'8@D?4=C<;?B?@@K:J=0C1?=B;AD>C;?>G>:4=7=C;?<9C><>>;69C;.?C8:DE?0AJ>=87I@>8=7<6@8?H76@:8<@?C@2?HC=B0A@==L6L4/*;B4B65F7;@89;:AC<9?8HAC?E7=?=;AEA<3AAF=:-6AA67I:@.=?C<5EC7@@,88D>;6;D GC:,>D5;7>3B559>G>:B;8AFA?B8F@>?+11=D5H?<<2<5::=BDF0-8>?=K;AB9@I>BAD?<@91B:F/>/354=17BA8:5;DGFC.@.<<;CA>K784D;<>5F=DA:EA+<6@=@B:>99A@9;49=@;7:7?<:9A72>@==@=D=+DAG<5:?C@AC;BH@??;4AA=;B>3??C8;C1A?2;E9/D565D874E:9<8:?7B=/CAKCB@I=D5IBA=:CDH7?C?;6C:@EDBH:>EAFE5>E?F<6<@?B;=EA@>>;BEBDH@BG;C@E8BDEA;ADIBB=EGD:=C1B>F8EG;?5;?D@@9>8F=?8:E:=@8@?>;>==8?5;AA-?@?::FJ;A?@>>4DF>>=C;42DFG<>:::C@5;8IH8=HA=9?:FFAB:9C9AC@E;B;=8@B8@?@D;E=>@KAEL?H:=E;FAF?;ICIA=BH@HFAB59>H?GEI:F=CA?ED?7FFD5IB8A@CDDBC;:GA9B@GMB1>>?O6G?GIJGH>BEBFODD>@?B?;B;>>CE@D:DM;>BA=C9AGFBIN6ED@?E<@@DHD=@@AD3?HJIC>4@?I:>F;CEDHJ3G=A<9IFMFA5FBF?HA;LF;.;>CHEC@>+GDCCHDEE?BB;:B=GA?IBE?H=1GAA9?G#JLRREALAHKJ?@@>NEJ:KEDBC;;C=B>FFK@N8EC?JK/F>@>;EF==?@:N?>ES5@G=HC?@C9DEC=;AEDACE=H2@IAHB@<=<:?:MA3HB?I6@FBFAC9@F@N?K?@>B:H9EEC@?D@GE60>A6>>HIC>:CACH9A>DEDC?ME;C@A6FG3>=:BA1GJ:B7/;=1D@G<>9B<@AC?9CF8D2:<9A:@9;;2<:<84@65B<@29=>:>?>G=67;H:B-C<8@7B?AEA6J>;DA6J-:C>F:C>>;A;9AJF;E@@>9CA@:43?<5?<;>F@@G?=1?>BF?C6>:;66F5FD7C6C:>=6J@>269C;J:6@:2?BE>C?A=:G;5?36?9=9F9C-8F=;;::A85DA@8:77:-@@CBB;;=7@78;5>@>=<<,7>7>/>EC9.<:9?=C0;4AA?E:@A7B37>B6:4@DB9C<<*<>B:><99@C0BBC:A?:6B9E;4B?>=?B>4>E%:@@?;@?6;396=2?B=>4B9GC:CA>5>E2>D96I<=BD@9>8<)B>A5=?=@.CDBD>C:7JBA0<>A@=C:B7D=A8:8=<3@.?@@NED>?GA;=9?BBDC>KFGFBCC993>=K-==F=DGB64BCD?4BB@C65E;?A?EGD>B99GAA9>6>B=@E?I:CE>K;A87CBB=G:H@BEFA?<@A@6=3;@A@@2C@EA:D>ED;A:@9CAKCED=@@B/E:<=DFA8F:BEBH@@MBICC5?D6AM=@@CCGCF@B<8H?>>CB@?BG=A@E.@F?>EEG>??B?B:>>?A?;==HFDB?F4@FELFAJA5J6@>DK??8EF54?<6LCA=HGG;>9?A@8>>ECFB@8B=B//:=7HCCDAI;<@:EE:GC?DAEL/@C:H@:6I?>FD@@=E;=CF;KLICA>9;CAC9A@ADCB>C@A>?>8BC8DHL;CN3JD>B@L7C>>AFDIEA78F:HI?AHDBEQCFG/DIMB<7JK8EI>O?D?H=JI??BP?KBEDJG?@EAG<87=@A9=@JH<>=?CD?JH?NOE?;>B>AJ;B>>H?@=NJ?E4<@B>@DH@FH@FMG>HIEHFAAD>IE>/AA8FBBEE0GFC5HFCD:DD7?C'C;B>2QEC?<8F7<>MAC@9QCIBCOJLD;6IB2@@>GF@=ED>N;9@A?F7C;J?76PH@@3AC>@;B8E?>9@:7=DB7=I@EKDA8L8A;-<<@A=<8BCH4C<>B=>B;?;97E4C?B@A=2MJI:><88<%?A@3?=A9A8CKDB:6>@1TB;>-=I8@:=?C;95C9C?L;2K@6-G>2>6@E@@CB?=@6A<2B@/>;93>F8AH??@97;610@=C,B)<54C>:@0?KF;1:>79=DA08,D:;A=7CD@BB>7<@C@?<@)AAB@I?3K5E9N85BB5EA?C>D=>:C?CB9;D$?CG;;G>@=<2B?2BD>AA>DA5NA?=JM;D84BC.CC8=/C96B:8@H;A?D?9@=@:?4<;ADDA7@;0=@2>=?<5G>987@=4:=G;>@<6:?5?=@9;BA8=A7A9BB+?F?==5=EB@=@.C>=7:>E??8><=;F9<>?<60@>9>;7F=I:/8>5C?II7JB4:BA?<:9EA;@;D1BD@>BJA@>?7>E<>=@:8>B?@GCFCC9A=:9D3>6C8F*FA8E6E:FB<;:=:=BA<6A?5BGF<1A>DAB;E=:8BGD769FB@B:DF@B=;HFAF@E=CE@C;C:F>.>BED;GI8:BE>A@7ADBB@>H>;846ED>A?BBE@=>D5ADB?F.@@IA;D>@@:A5;FAB;DA8@A>>DCBD>?@BEDEA@B;5G@D>;DE89?@@9=AB>>I@?BGCFFI=GBB??B@5;DCCA?92BF:B?@C?=@D9AF=E>>ACF;?@?3KD/EA8@8DA9?4CHBDFB>F@EC:>=5F>F=DHECD@G:BD<=C;=FC;GAB;<@@;>AE@FA;:AL<:9AA@F:8BB@@E;4A>DIEEGC1>=D;AADBFBEHA8;DIGDG66@:>HG;6HHI6B6?H@6>E;FC>CGAN>-<@CD@GDCISGEH>BB@-:9>6=><=:F;DEAA;HCJDCHH=D?B9BA@?FD?CE3HBC?2F;7AMIBCE:EIEEGJ:?@H@CAAFGNJEED@AEDBCCGKB6>J??KEICH:D=><<;?>B>5AE9FA77G;FOAE48C?D9AI?EGA@F>>HF>G@>F:B7A:B=DJ=AFDH:G5B;=>:I@B1@KIE=@B@?6?9AMB=?HD2?B7;6A?4FFFF@:===EK5>AB=HED5;QTEDB@K7CA@BQF8<<=BI>H@:.=F?DJCG9==DA>?A9AD9FC:9E>J;C4@;:,C>B;6H4M?DE<7=ADB@6BB6H@EE9=;::C2?.5?H09>G>9=8@AECA>EH58A=<;@5CAE:E=159FL9B>:@;=A?AIE>6C?9?B:6==E:A76?E6H-7I9C18AC2CD1?CB@;<5;J=2;=@69>=3DI:8?B94/:C<;?4A:;DBBBJC4>D<5D@@;>DDAB@AB8@=A:2>9A9B6DB@9?5C:;3CG66B7BF;D0IF??>C>EECBF=?2AC9>;EDA2@?F31?GH@6?8M?>D?@@D8>=5?8=@8C;=<=CB=52E33:=CA8A==3::97?@C5::1E@:@7:3ACG65@7@CA@EE>=I?C69:=?5BC:D323B4>E9B2@AC68D?9:/A1G>>@.2>@A8>5:.?BA.=BE9=D017:=GDK9>=5ADD@==D97C@C?@<<@AFD?;>=F;?885?AB==5:=G8?5D?9:9AA;==5?BE@,?EA?@GEA>:LD@:FL95>7DE@?::;A0>@9DF6@BD@BCA86F969:<>AB>E=9A;FGADA=>4G8DICC75JFDK2GCC@GA?E2F;DD;A8P@A:?@5;A;CB@B<@:?;>BG>9;<=7;?=DD:B>6C>?F?>C>:BGA?B@D;BE==B?=EB.=EE>9EB?@?I>CLEDGCBJFMA9=D<=DEA<:DJAJ7D>6@5G?;:8@<=@806H?5EJF<98AKA6BI;3HG=BCIBAE>B?B@;D6>P:EEB@A;8BFF:F?CC@G/:AC5A?:A6EC=A>CGDCI@>K=D?HB=?K:FAB=?FBFGA@:AFI@=J==D7?K7=KBE@I@B;=D@GBBEB??M@HIB??=CCDEADHNB1FEA7?5?F@C=<@<@>>>BEKHJ8GEKHMD1?BKC>BIF1LB@@D@AIC=C:HALDBEEAH@I>96FFBE6I=:?>BMI>AB59JJ@8DKF?7:9FA=H=I?@G=D?F?ND7DGDGKB>DGG@I=9D:A4C?8NDD:JH>?E6>4D?@F>9C?=HDABAB>B;B;@@;;@AEEGC9;DU@GDJ9FNB:4C@0C;EK;ICCK@GC??GA.@:?8:>CAKA;C:B@?D4D;FE?H;@=C=6DEC=A;A5JHAI?=D?CHCPM>8:I/DL4;A9F:H36><7>4=P8979>?3593B<)=6;CA+:C6DD>B@<<;A6N@6<32=>=AHE6>@H;:<;:E>5@95>CAB;>?>>3A:6?<<=8BA@B=9::8<;@A->;7A@HEEH3?B@??F98B9K+B>AD7;=7=K94E8B4/@<,<BEC@D<@A6@<1B9>6=18DA5EJ@DA9B==@E4CBA9DC><=A8:>:=3<=@=@A6D=8I>A;@:C8@<>?@;>A?K<>?G>>7L?>IE@>ABC:4AE>?A;EC?;=9?8>AE>@8@+?=49>:>1>=G86/EA5GE932=;?A9=E@;;B@AGF:.2>G@?E>?MB6;7CAI?@4:@7HC854>B=2>>9DB;D=ID3A=7EBA>7MHAAB7=EB?>BBEG2>:?B=9A=E@=??AC=AB@@4>?J@7@90GG7@??F@?ED1BB>?4=AJDB9F?9=AE@9BB>3D63:E@A::CG-C795EGC>G7C=490GB=BD:HC>@GC>.?=?@>=@;BE=;?>?DGF:@=5N@A@BDADAB?I2?K>87;D>,FGG?E:;:;8@D83@CDEJB6?>>>>H=>7B?CH>KFHDAG;DBGCFDAC?D@<8<@>A:?E5?569E5;J3?G:D@@BBADD@=/=?=C:8AA?A7B7CD@?7?FABA<>G;6;H<;JB=:ADH2FACB??B;C>>E===BB74FCDG9I?*@=>LC?F9=J=@>CC@EB<9ECGB?GJF?@OEC;C*E@>1ID:G?FCH@EHG?F=EICDC75?ALG;FEA428EAW;AFF@GG9A?6;1=DDAE8J:AF9@EAAA:L6=FDFAAB199AC?GEN9BDHA?BA:FA@F;?ABKCCCM@@AINCD06F==KFCF:LEBJBD?O=;IPJ6KBBGDF?D6FBA@A;?7?:-DB;JCKHE>FK6@BDB8:DB@A@KC?7CH=>KAHFC?5A7>>@@D95B,8A>?GA@GH?C4JQ:F98@9A2=E@@?=52->E=4?5E>=DH@4B0D?C3<;=>;>6G:18C==287B;>6C??@58H>B663>AC0?@@B=7@E=<8AB8>C=GGC?6C5:B>9@?@DB>D0>:H<.>???657>@IBF7?=<:AC4?89@>=G9@;=7<8E=?C>EEBD:9O4>C<;B@>2I7F@>;DIIC7>ADA>F>FF6@F>.?:?88?IFGH>=BLFC99B=0BFE8F:<=@5>G@;?:EJ;5>9M3>=BA7FB@E3CD>@>?>A2HB7995>9>?B?0?:B>2C@6EDAB>C>IAED:;9>A=AD:@8:G>=@>=@@8=7I?>=6A:15=?;HEC7B<9EBA@9D=4@Y:>?9<@A=B2<99??=.@=?@;95E>B:B9EBGC;@7AC?6E@E??6CC?C@;EDAKCF>??@B8?HAB?8>3<@=>KB9ID;E=B<;F<@DGG9BBBBA1BA=?7;GBD?;:F6C:=;:;?BA@G:=8@C>F@BEDAF@CC?IFE@?B/@C=FCC:B=@58?D6:I@34DF;/>:85?0@8:@1IB@I=BCAA66?AC3;DDLCKCC:K><>?>E:FE9>A<?@>?ED??=4A>6>>HD?=9?D9H9=BCDA<;F?ECF?3=69I?AB0:C7F8CE@9==CCG,?>?9FC:FHC>?7C?<>5DCD@=J>3CCA8?5?@FB@FEA==9@H9?2G:=BF@?@CHD8E=;A>GFKIHBFN??;ACAFDCBE;@@NL>I9->E<9A?DAF?E9BAD91G;CG9E=BCAC:CDEP2B;AA/?BCA@9>>?FAKFBB:@G>DF=4CLI?9?EB=IB8FKGD;E8IB?DC5A???5@FIJINI>I6<>E@@G8JDIH:G?=??D?A>D?B=BG=;KJCCDH6FK;@8MJ>>D?9CJ=ECEDEFNGEC?DGFF96>ACE<*87;G@AF>H@?AD?5MCIIKFAJDDPFHHEHFBGAGAHFBBA@=JE@DC9=F9PV?JNLGCF;LAC=@E:E>BB?BD@B:?KGN=>CDG8@E@82E?9L5*DED9;7E?@>@O72?O:C@6:A@4GHA;=27H?CCA:2CGBC:BK@=9?:=>3?@82=@@E7EA1@G=D@A<=BKEM:@20;E914=>J;;?5D8B::AJ5=B>AJ>>??;D39:5H=;B88@F@KKAA?@CA58:=9HB=B;E69BD7-==7:KB:D93@=G=85.F?D==>1?6H?A3CA>B6@8;;B3=?0?;A>8LI>?:8CCE73C.<086A&;:BE.:8AA>??B>>=2:588<2C:<26988=B0>88/@GA?@GG9CC9A9@;JC:EF>AA09B4AC;A7C<3?<46>:6?A;?7A@=7B<><:;@3*>@?=-7B77CE>?;=>?;ABHH?==92C93F>6@3A?5=>A=@CJ6@=?70@?>@4:KH=?@:DFG?<=2L2AD:;4>F:C=E@?5?B@AHBA7=;BG9E;?;9@927E89<8>6EDAF?A=;B2;:?<:=9C<>=@B82@=E0C@8;=9A@B@AG@;(2@<==B1B6@39IBI0BF9B;B@G;?36@=C==A><=?E?I@H=;?CEI5AGFAGACCCBE@@>>G3J?F>>@>@C>AEDAC?C:KB9?L?A89G<>:?====@.?=85B>F?F8GEG=EEGB>E999>8I?:<;F9GHC5?>D@327B9=H?5<@IJ@;G>;IFHC8D>D2FB8=CE??79C6EE;BA:>8I=B=:9>DH9?8D?FBDC;FBAIB9@H?==8F:69>DBCBBGG@A;9A=D?7D=9?@;/DF?D3GBD4>BB:DK2A5BCFA7:B<=H?A>H8:@7;@JBHE;AHEGB8G>5E;P?G@B@MG;HD;G@I@3FMFBG=AUH@B4EEIEBG3C@=M?D3>:?HCE@GKCE;EEGFD@LH8E;C?BA>C6C>EE6CFJ3B>E5>;>CGGE9HB8F>=A@NGK>=HEHFF?BDAA=H>IFKAF8@DCK=A@>MF>FB8@CPDADI?F@8FHFFUH@H>ODFJEF=MOGEL@5:D;G8?EAIMI7@I;DKEME,E8FG?5B6=>*?4AKDB>HFIGMH:HA9CC?A@BA@==CPCM@AG:A;VD?AC=A;5GBHRKEFE=@3=EA>AG0?;GI6?HH@@CBMDC@BGBE?FC==88;B&;=-6=>>B<=88?8?8KB9?7FFBB9CAEBDE6BBI3D7?>@A?=DB7BE;?7??B??=;LLD===7:?DD9E:76;H;?CE;?C9@=;A>G@BBB-BAHBCC/ABB5?BGA6E<;=8A?2:5=>>B6=A:5<-C=0C=8)@BB=7=E7685E=?<;?@89>?7<87<==4,<7>:7;@=>4@>91D=A0J2A8K4J>A<>;?BA>?:IM7%8;KJ4;3?B;A;?/:7??F<>/C;AF@;CA?:>>>;>7:ED>=>>>=?@36>A;B??:@D?A:<5;(@1326C:D<@J=F==;E-@>F1>A>;47+9=FD@@A9@BC;63=87@@==C>A9;>=/@EE9>F;<;;8?/2B>E;B60A>??=:<=<9@FE::/3?9:>;>J><5:?A?;0<<>57D:@C=B:@?=@=D=BH7;>=?@?2<;:>C>EDC=AEE8C>=BD<@4@F2G7F9:?*>?EBF?C8A>?;<(=E?F<0>7=HA6>8FGF58/:@>NEDB6=@DC9F65ECDI>:99DD@A=7@ADD<@9@E?ECF?DFIFCAA>;@F=>7=DG=D4B>FFH7;?=DJ5?H@D:F?9DG)>I;=<9F?H;;>*EFF=C@BC;@?E7ECE@88>>;C:FDAGF<>;IAGF1HE;A=?EB@?=GED:<7FDAJ>CJ??F@>A;<2BKG=DICI2AB3C7DDJB=;@@,:>9;E>:FDHDD4>EA:?@>2@=C:>KAD64Q=@EB>=EE?C>9B=:D@AK@E@??A4CAF=BCH:C8@BA>BCDF0EKHC>HFHH>>=4A@GEF<@5A@AECFE@EDC;FFG@DE=AFG?;>CM;EEDG?DHJF@CE@?F@DG8BAE@@;CM5K=??;IEE>FA=D>CE,CKI3@ADGIG?I?FA<@E7>DBAD@C>G@8D>@9G9DCE>C9HH18FLH=E=GJA<;F@FDG;D=9FHFC?D7=@G>FD=DGGB@@GE:5>D=:CADK@DFBC9NKBIBDG;@G>@>6J2DCFE>EDK@CKHIJ?B:DI?>@58C?G=D>EBJHLAFH>DJH8=:<=A>@?@IB98>B>JBEJBL<9KC?<9BM?@I<7=OG3<>KA;?CE=3@<>9L9E3FB94C?D>;9@?=B9E9CG7>D;:???<@>;E=@;A33A?)AE698D=;MB2?@B?D9<9KG=D=AJJD?AC@?94B1A@6<><>HLC?;4AC8@@GD@C,D@?&=:?8@>F;2=C:>3B6B5;D?.=0B@?7>8@?>DCC=@7BB@+B:;G=@<:67E<3CDD7@DL<@=?*?;8E.<33I)>@<0?;:;?I>4??>FF;BBA7CE92=D@5BFDGBH0=C;69D@M7;8D17<3:B>?;BF?NAB4;E43=C44=>I@<>>@CL<;=9DF:A3>@9B>@A.;CB>?C=<9.992C=ED=F7:98=?;<=D<>A>A8=;>B/@;8AEG=:8=DC:==?CDFCED6D?D?9@CCABF9FAB==:??0:B2A;AIB7I>17><<=C?43F9EEB:;?EECHD;A?HA/1EBKA:A:E0?6BE7F8/BF@ABDDB=@:K9<>AC6AIK;B9KC7/A49=EAL<=9=;27D?9?<8:;5@E;JB9C?DD?BE<;;9D:@@;8<=;D@=C:7:JG>5@?B;C86A;:E@7Q@=D1KLGABBH=C,8BB?C8BF<:=CBH>B:DC??9EL>FDGB9?FG@8=@I>FC;?DCA@B5GK8DGFDH@EBC-HGDD@>@4;D8@>E4A:/L7>DF7BE3:BA?H=9>DGGG@=>CB=DEA=CA=2C9@GCA?@7C>=:>>G97J:FG=8BE;F<9;@0F6I:B:=C@:?8G5B9B?0BAE>C>A;=B8K?<=AE:G?BFANHBACB6DK>=/=NG@JACD>A@=B6>D;M=HB8AL:E?IDC<9>A?B=>G;F6@?9CGD>BI>E?AICF83C?I1G@?F=>4?=8CB:AB4I3<3A1<1?DF=GJH:A31:EA>A?;HBC7G>EBGKHE6>FC?>GDI=@>?H>II;B:==@BF;BH4>A@AFBFLD@@<>F;A7:@B;FFEBH:@F@BC@;?AG;EDBEKJMHB:>>B?GQCIEAC8ADIEFA@NB2C1CEC>GL;CIADGD@C2?@KC=C=@C==;FEB;2EACIEG4CC?;;=O@IA>A9DG=BDITM?0=JB>BFF@DIFG?6CB:?I@?FFDHAA;FA8@BBC93EDHFKHA8GA;75EAAEGHBC>DAE@OLD9A:BJEC8@>3AAECF3HD.CBC.?C=>N?DBFC>G9DD2=?FC=85@6@CKA>S9FEPPA8A8;F>?;95D@FA>=.BA4=BB779:+>6NE3FI@HD@AIPFJO==K?=9C/F>JK??B=AEIF?;F:895<:6=@1D?;5=>;9KBCAC;BJB:5?D6?5C.;?&?>=?-@4F.7D>@GCE13==64DAH4;?:==?@>A?;C699B:CE>::AA367:6:KJ=27A?>GA<>ABAD3<2E@?@?:A@4@@6BD=B?;/?E?47I2>EE3@?F8@4A=?@?8:K@2@=G=IC=;9@:9D,@:CE@BC4B<89:<73?62JC9=AC>8@4D>?@?H6?0A:<;@ABC<:4B@9B<CC:0E3GE5>:?B:7C6=1<.@;:GB59;=<7;?7D?A;7@>?A9B,7>689HAC;D@9?ADCA;C>>ECF@:8==9DDD8EA>D>1<::@;-?AFFD?D?@E:E>@A986DD?BH8C3B;:>::G:8A<<=@CDCB=HA>?0CG4@5;B3CA<;@7;CED79E:6<8C:BE@7;A>4B=:7<8C@HF=B@9C=C?5EA??@?0=A<:5@?C>AC:?H>A@28>;;87DB1CB9B?B=G?+E6B;A/38CE3>D@?<>9?EHDB=G>98FHB9B=EB9:I=>AC:C,@@B@B-=H?=CEC=9DEB@90AF7LB;FL@DG?=8EBI=EAC2;J48@9>D?6FC>;I>;>A?@@>@5;>>G6.?:E?AC@JBG6;G=8E5CB9C>=568E=E;B@E;GC>BDB;ACI<4D7F>C1@AI<::<>A9AAG72CD:?9=G>=FAG@EE?B=A?9;C3A>FJBHA=?>JB@@A>GD7=EE8=B=G@CDAE3AFEDGOA>IDAC=C=;<@;E>=?B?J>F@>4CC@>IF=LB7CD:AKF@BH?D7DFLD:=ACGP=8AJ@=DBJ5B9GCBDCA9=:>AEIB=D@9=9IJFHJ:?>7AD=6FDH>EQEBMCGIOC;:DIGFBAB@JD:A@BCED>>@A=>CNABEDRJGBC;?D3B=AAO5J?BPF?=DEK;E/DB;JBGDBBE?:@K@5=@>??E>E4+<8:IP=CIGBA4DD?JH<@?I@DDJ=TD@=D"DB:FFFDM;6L74EAB@K@C3EF>@=CDMB0@CD:>9=<7CJ23:*37EE48H<68?EFQ47B66HBBBF2FA>@4?09E;:IG=:<:EB5B37;<@1?90>EH@:7N=27-:KAAH>F=A=A>8;DB8I4677F;*F/BDC86=:,8<:6K2A@8>AA;9B88>D@:C;H;?8?5D8??97>H:=:09,7:D=??A8;@=4:83D>@-DD>C=0;;88;79944@'7?/A4A@8A>EICC(:B'BE/4863=@67=<<"?FH08GA:;8B77;:?:+<<-AE8?I=C<@AA>9B<>G=A2<>D>B1905>>D6CA=-;4BFC6C=DE95455AG>2G8;9A8B=DAC<<>;5F9@>:IGA2>D8CG9:M49>=39>59?21D@>9;>6?GGD<>"59I?@-@@09GBA@=F>4?H7B/C;>6BB?<>C::6?:@<<<,CEC;@8H48F?;5>4<@?BBC?BB;D?B4@@>HA=CJ?1?<>;>9@8CDC@;5?8:>.G4DD5A?@G=1C=;9?B;2D9=7=D>8<4;=CC>8BB=?:<18C9GDC8;=B871>@=;9B<:63B;=8DHA4:4=B93;;3BB@?C>B8C>D@BKCGB?:E8H7E=7E39E=G2B>AB@G><;@@;=IBBEB@F:==@L=8;;GA@8=?>A;AA?>DA?2?H1@>J?>3?A>F>2C6EDDD2B?>8IC:B?9E8J;BAABE7A??@B*I:=5=AD1>@EBD:DA9??<7FN<>=A?@@=9C><:BC?D>=FB=7@D1E>D?>C3EEEA9=DK7<0B??77>6FB?KDE3?;C8DHEA78>F?EE>CBG9<@>ADG;@A@CCAI=>BF>;BD<@9?:DG?D=;C?FIA7EC5>3D:BADC?GAB8:AAN2A.A5FB;EAB7;8H@GB;;=ADCB3CBDFCJ=BC3DDB69AEQF@BL@B;DBCG?>DD8ADACC@=FA@HA?>@BIDJI>4>F:HEDMDDLC=H?BDBD@5@@BI@AB9F@<><@@A>J?BC?=FA;;=F@@?BDB?BB>B/GJ?AF3=?5=GHEEAFBH>;C=>9DF;DF@I>?AC@DB?@DA>AH@DH9CBE@?F9GCIFD>BF?:FB:>?G?==GED9GNEBCG?L@;HDN;GACF3@5AF5?=C?9MGI=BN4=DA8FH@?9;>=G47GD>;?B>=JCK>DFL<>@EG@D9A@?3@@6AD;E63=?8E=0F@BC?8@@@4/55>C=5>A-?;;,?7BC:,7A>@B0;<;9@<1>6#>B32@@7>A:9:@8C>D:5,678-CG>/3<4@;@B6<8;=LB9?F9C0:.DF>88@9;;A@::71B3@9:5<8B<0498B81AAA93D@<<>6B@<:CQ/>>E0@*0B:?<5AF6@DD1@?;GA=?3C4:38.E;A;2A=3A5H?BBG=A3FA52B.<7B9K36?8CB=9;*J3/?5BD91=H3LC??C=?BD>=878A?4B3CA>@AB@A:0==GF@B=A9;9K9OCAD?;6<@7@?B7DA6>A=A@CEB58?)2-0==ECD;8A==@C>>C=CAD9<>@<>?3J:96>EB8@>B@>92A7?7/599BA<9ABM=<;@5@1H@=C@<7=@@GDGI+?=;B6D=6F?<7<;3>@3>=;CB98:C@+;B5@?C8=6A,@>-C@<=5A9C@>8@4@>B/C?@;G>>B:0<58CJ?;G<99:>;8<6DABF;E=EBEACB7D>BB;579<9F87DDEF@C<;<<4A=!EH>BF9?B:?7DHF7EL>;=:E=@<@:E::8E/@;@>4>@;AL>=7F:E?F?C>56;A:C8A>BICB@7C?AEE>BB<:C<>A<:G5A6D@>:<>;A152CDB9689D@9??A86;;6AA?>C>=F@BFD>C<9GBDA?B;>H?:;C==;A?:IDDAC?E<@9H/8?B9GG;CEFC<=C*>@BEF>D??>@?AADE==7@B56:8CCD@CC>??7@=BAHGGG9C>CB==D6;FF/FA@BA=GJKC@K>BC@>@D8?>B<@?;:E<=@LJ@AHBG?@=H?4@CIGD@J9KA;C8ID6@BAD9KJAEKC>FH:JC>D/JBADCE-G@B;ECCF?7EB5HLF=ENG>BKI=7NG:B@BIDD;B9A?AF)KC@7CFLBA;7EB=+BGC5/?>IDEFJ>6>=B:JI9GDUF<@G@D;:D4DBK@;E:=E5=8O>@HEF7@H9=OMGAET=PDH8AF?@=AFE7GKBHH>ES>F;<>IICCAA4KBBBA6A;@=A58?EMGN@G/BDNEA@>?CH6:6=F@C?DC?-HD@=9CEC>H.AIF>30?D<0:5@NG=>@A7DAHF(;B2IF=;6DB7=AC?0;?77E=?7F5>:9&@A;7HA=,;25B;8@=E>=?D7;>=A:/F?1F9D=3356:<@;B87<>A:;;39?B1BA;:>/C0F?9E?C74;EK;3A715=/FJ<;B<+:/;HI;J?08=(?BB=>7B9JA=6AGD:?DGAG;99@HB6K:?8<5BF>>:=9AA8J=6>H=F@>6866CE7<=DA5*;5?>28B70?A?>;?1H??-24<53::?<8B?;<8>@.=928<8D>0?>B8H=FB091>/1C;9=<;7>7AE@D@IA9.?5?DA85=H<5<<;>D?/B:>1DF8@>@<8>AE:@AH7;<<><@;BF<>5AC:8%;<:0KDE?2?9:FB>97<98@B6BF<95?@@=;<=83=EC@8E<7:,@0D/<>=@:@6B6D6B3=<03@>AA?D:F=;4?4>;@;8B:?4CG@F@=<8?<63/@=E;:5E;G99>@><-96F2:1?<:>:;2CD<;I187)>?:;BAHC>@:A4;<=J18B>BB8D/<@@@H@E:E:H;A@C>B?FD=<==G;13C@88E<@/G<=C,D08:+>IF>BD?+=7=4A6CE=CE@?C?3GBF>A9>:D98=?GE>1BA@@AH=9D=??:@=D@?C;9D7>A>7K9C8EDI!CB3<@A@;8GA???>?J+>B=CE?C?A?237DG=;:A:4;?;FB1>I8?>BBGB8:@@G?>B;DI1CFA?@ACF==;IAC@9>;@F>3E3A5D92@HEFBEDC=:BJ=BDEC8=F?D@?F<9C7:M;A=43BB;=F@+7IBADDGE?9DRE=FA@:$GHCHH.AM:E8BEBMFOA9C7B>H7D?>IFA@>C9L7ACF>A<@C>AGO;FD5;HG?@:BC;>?IDHDFA;INBD<@@CEBDFGI=F9EEDC@B@3H=H>BIB;A@;GMC6EE9:GAE2GAD9>C?@D:AI>BA@CCM9HHICAA>;L=J@2;<@:AIC<;J=>H=;DG?ECGG>9BFHP_MHF3BJHB3HSEDJDOHNJE@7ECFBD;MFGF>DAABAFM6F>B<A/RB?F;A@AD@@QAB;;V@:=CAFAEEFEDB??B==JC?5@6=C>D?@C?3D7:6<;EH@;>9BD:ED=8EC64H7>74HEG58A6@@5;7GB==;0A:9>CBF,39:?D?C=O9AA79??19617NDB>2D7:G0@>25E=C;=N;68E&A>;3?55ADA>K@?B=13;CB@D@?*8<=I3MIC<<94?.4B;C;5G;E<=JBJ4A8H;8GB?8<1<:=B96:DHA8A@@FA;AB:;>5>/?=@6=@:>8;4;689AF63A@*@0;:>=AC;G@:D>=A76E(3C:C@:D@??>I@=9?5?<.8;D09D9.CE,:@@@>=-7BAC=?=C=6C9<8A4CJA@?@DK>GB76C;9D8EEHC4<@B<@1:A6;/:4CBA?2?F7<:D@>HAFC98@B0;CC:AA@4=999=?CF?>>/=6F<=BDA=>K7;E@FI<>-:DA4:5I;AD3=9==BA>;2C???G4G70/?GAGE@CHBF86FB@6GEGCH:E@?>A@2<9BCF2;J>;/?=A><=;BF9>B=:8B9ECA=6AC;>?9F3LA3>1D=<:=D:=LB9D>@B=7GH@A;;@BJAFDC@H@;ADF?;GB=E@FA5==>?<:FD=?DC@CB<;EBLCE?>FD>@:BA;77D@4CHF9GDC6/?C6CGEA>9:A;9?HD@BBFC?<7:8.FE@07>=7@BE;8EBD@=C>82B8;D9=E?AHCAGCBADDEE?<9?M?;C@C1<<9D3;:8F>5GC7=G@59;A==@CIAG>:JAE?AF=@F=C9DCJ@G:?>LHBHB@5?DKBOABG;;9CBA??@;AEG@G??2JC@K;EIF=JFCDD>>EEE?C6@FFGM>>DF@;AM@EB:K>:DJNBDEC=@=@NHFL@E?AJ@=@A>NK;DQAG@E>EF;BCIC84F:BA=>A?>JHI:?DBDFBCB@=NI@I>@ED8F:6FJDCCB>AHDGFLGEBCBDJB7>C?C;BBI/8=ELF:>C@?IUKPFF<@JMJGIA6==IHLCB8>GFDBC??FFCGD;I(GBM=5J=7574@DAC8AD>?:EE51=DMNKB57J>F:??F=K>=KBFE?CHCA24=@77DB=?AIBB7@6:@9A;><83HP0:GB2A89B4CM5AD;<;?>D>@K9LB9>BB;=64IB7,=?DBE6>4A9??+5:;3>A:A:F=;7=>B@B8?8?@97@.4B&93:A0:8/4>3>A::>;7@?,@BB>=HE?38:E>56ACAE3<4:1=;B3+:.<1>=A=DFA3>C;=;;9?78>D@5>9D::=@567,DB5=7?9C6;>==?:B<:??@1.C2BI?>==?AM@G9;<1=?<;;?A??19?<6=>:/=8?CEA;;:B8EBB4DF4<6<=HB==C;7:=A@C3CA=8@BH<73L:@C;AB?;;8><;=9F@79AKCEEFD9-3<7BD6?:?:0D=CE4E;<@<@D?>=>DA6<>422AAD=;ACH9;7/88;;27?5A4?=B+3+?>;:6@#32C9136@:A@8>4A>?<409@@A;?*79=D@70;86?9=4A99428;8;77=69D@<<67;=9=;@A4)AG>3;5:B9'EBEBB5JB991B:7:=FD6HCG<89;7==>7;@@:?:@I>A5:8?I?M5@:CIEAE<9;CF:;7:E7DE;>98MBAA5?5?5BAD6=CC9CB=A91??A>K4@=M?:AIA>DB?=HBCB>;@AJ4=DF>:EI7=@98??:A>?>J>:B6EF>@7C>FE@>ABGBAFBAB?@CH@;=ED<8?@9=B@???I@3@3?H?C:7CBF6>J8><5<9@NA?GF8BBF>=A?H7?FF:H87D5:HE6>GD9B?2?;C<9=?F==AE8DCLEF=CI?F=88>FE=BGP?88=03>99BE>C?B/CF7E=JC@C=79;<@G6B;<8G.BG;;CBCI<@>ED=I2>AB??9@E=4G>>E55C;C/;CE<@ODC=FBGFAF;6@AA;;BBGOGBBEL?@;4C<8BP1=IIICF;=G<>DGB?HJ?M8CF>>GECHIAJEHH:SCF<=@BBJADFBM5BC:ACAG9:DDF:BI9F>D=B=DHHJGACG<@?O>DACMDH7GQFO7B?9D<=H?5N7CCLMGAIFCCFFEAALBCCLHH6DIACC5:5CA;>AC@95EC=D0HBBDA7>FEB;D@=GKG;9C>=IC88IIAIE???9FH;4@:<=:?M;:JD6A@NABHALC60.DFJ>@4@IA)IB@9DEC?A;6=BEO8C=FK69A7C5@L8?0DG:I@JJ8H82@BB=355>=?74><99?3IB>/3<><2C?D;B>H@?G:7A95A@=9<9=:LEBK;FG;BC@9R:=D5::F=@4F6=IC@4:D;E5RE3*E;12DFFA<@H=A4D677?;44::E/=?>:?;=C:02AF:0A?B:@0/A>C<>;9=?@B>>96@5<3G=B7<>BA8768$E%;743D<>0=?8A=3>8=C1;.=%68898'?34/<6>7@,AABA=>0?-4=:AB56CD<@F=<4A@?F>150AB4B5@18@-GAE;4?)AE4<>EEAC)@D3?7:E=@E>>:=;@B9=BE<3=BAJA:=.7E=@@;C9DGD@E:>AB7=DJ.D=G<:8*4D<8>>:C=AGDE<9?9@.B?B4E@=@@9C=C=H@2A>3<6D?@B=A8C@:;*CC<=CBE@B<@=B7B:>H@:GAI5@A@C@BD@;E>/:G>;9:79=?:=@:70<=>>=C@A=@=;DBAG<>BAD@?>84I=<>ADC>F3C<0C.@A<868/=IEC?B:>BF5B:344A7C>G67?@5E=D75E>C>>B5===;?A=(9696?;E2AA6B>1D=2?F7AHI>61;>->0@7>D<02D3A@A/<@<:>6?>3GB8<@B?4BCFICI-BA?>BBD8B?@@=>>E<8G7=?;CGD>>@>@G@B@EB?C8?=CIBIF1B;?CC:E;ABL@F>E8A;7CBE4@@C?I?=G4AD3@AE@C?=AC<638;;DEHAI??HF<5EK?=A3C8@CGLC@C:C>=?<;FDJB9B=1A2FDCD<-@A857<6D?BD?FH*C3BC=DECBG>A6?6=>HG+>BHCH@C6;8F@D;@G4?A3BCC@2;BH;9@:E9FBA3B;BB4C7AG>:?97=??C?:BFI<)BBC:B?EC:DCA=BHCGB0FI?BFB>B=?E<=>EB@I;>@F3C@CBFBF@9@DB@GFHB;0FA>B>1EGFAG?;;>C=>LJG?CGB?@N@BJ=BHLEEEDEL;C?IF;:L5=;@K8?E8EEA?6EDFJN0E;B?<:GKA@F=EH98M@5B9FD?B/A;G:AF<9ELAH@CDGDDD=<:B;GJBA6GF6?797SGIIDIE>>E@FFG>I;5@A@;C9E@?L@C:EEGAF?C;.GRA8A?7EDC:=FID7:<<@;;9HK0DLD>MJBCFJ@BF>?G,9M=GC2=8>48:4)8I<>5<9B88C6193=994F=B?55+:2479:H>4B2C::;>8B.:?6<@9>D>IC-?39<1E7:9DAJ@<@HC*E=>>?BEF>47?:*8M96;:5>B5;H-?G85A<<4A<8:>@@2>9@ABJCAA5?:5B@>B=<;==>:B;9;B71?BB?=:@>=?A<>A0@@6==D<;;2=<7I?A>@?F9>@A>266A>J<6>?6B>=?8;D9B;1DCA:6K;=EAB?::=??BC.9E6;?CD>@>@AE<8@@F?FCH?DBDCLF;5:=<=CC:<>3C>AB?-;@3=>F:?5DB@96C?>?<8>76>?9=-0D:B=@62?=DBA=C295;)8;:?>857B;5?<187;DH@:>A5/C4<>@?@>A==<CBD6D<<@5@89<=/A>B=E=?FA@E*;H3:@?8C:A@83?1=5.@EDG@B@B3BAHEB<=<5B@@7<=F7K9?>B<>:=E=797C<:BA?AI:F@D@BFDCEH=C=@D7HD5D<8><;3@C>=C=E>=G>>?@?<>BJG=@G@A1AAE:LJ9>?F1?@DAA:FA>@BG?D52ADAA7>@?ACE=G=FC48A?F9:C729=9499D31?G<*9>B;J5G>A4AABGB0?DA>>DC2@=6;D>>>B0EB=AEGE??DDAEA>7BGBA;:7,AD@:GC97<4<8D8?==B>0=EEE==EB@=E5@DB=A?9A:<>G@7A=;GD?F1B89@ICC?>;K@BFRG7;>CFA=>@7<78=9C:DG8FJ6@BG4AHGF@CB=@HKD=CC@?L9CECDEBCAEGB4BC@PK6@E:?=F?KCHGGD@HB:DCE>ABDJFC?@DKG?BF>FMHABHA'@H?L@AA:?>=;N?7HF:;9=0BA;JCG?E5=CCDMB6FMBEFI8EHQH8:;EC:BAB[F;EEGAIHPAMFLFLB@CAD@ECD@E=3CMFUAD?PIFRJ=@8AI8JOD?A?E=?;4HC>@AO:=F1GE9=@29=C<>ABC;?78K:JG@<26;5EEC<:B@>8J=C>J;?FZCAF5BK?@G@L6;;(@A@?.=9;E=2=@0A<+1F5;43:9C7D/=E;@B>C9ACBE3<;?;4I;AEA$BO:1?BA.359B<7@>==BC55?AB=:EGG:B2A>5D=9F1>A=:<:?E>:0+1IG=F>4=63?AB?;@=D@D9;4@@C>5>AA?:B,F??I?+>E?;@D>A79GE5FBG8MGJ48B0BA6G?4>;BA2C9A>G=2::E=0CFA8A>7>==:D><2GFB7>2=G=1><9GEC;)=C=>?CF7?;8:@?:6=;6::3=G7B=BD3A958>8:B9?>B?766>CA@:A1:;=49@==??G=6@B84A1A?A<293=;989@@<;FA?J>;CB0A3@GCB>F?7FE64>F98;C4=;-,G2=7BA:;C1==60>DA;>4;EC0C>==G9:9ID7F@2:;;A=B>=D0DC9A9=808:6EB?1>=B7CF8:E6A?AJE:E;A70L7DD?C8CA=E8=;C8D>6@EIA=7<@7?A=88H:70>G:E@LA;GBH?F;8A4B4ACCH:@=D6DCA@F>?H=CDFOF@<=9<;?=>JH9:GA;27I>>4G>=D>7GCI3A9C?=;@C@I?G6?:=>EA<>=:=>EBA;F>7@BCK2=DJ;AC6A5FBA6A?;9D@:<7??C9=?AA@:0=E4?=9>G=:?CLB8DDIIA@8@GDC@@ICC:A;I=H;D=>O?KFCB@CCE7GJ6E??CC?G6.9<@C>A=F@E,BHDAEG9BFMN2L>EB:EB;HCDCABJEAGB=CC7FC>9G9=<6I?B?;?@>H=B8HI;;J>DME@=AEC?;?;F>E<5?:>5A@HEF7=FV;9B0ACE>E?>@HBNA@I7BIA@EFF@J@3;UGL>;MGH@L?@D=IK@@L=@HC=BBK.7G7<>9E=7>H;8GKAH4ADB:?1>CDHGC=P56D5=:DA;C7A7D8:@?7B:1?6@GE:G?:1;=6=5>C,=?AE3J>F?.D1@3J>A7GAOGD1>JHA16<<5==3@<:AA@D?DD><;N:89:C>;?B75EH=H<92A=38?A4AAE>4;6?@3G8D8>@G4JD>BFDC=;BI>:;A;==D?8:+<>A=CBG@8;2182AIF>8'B>>=72=:D6.8AP@:JAB8GA;DB=0G=329?8<.C>2=3?B@>J3>?F<0A><>A?A9<;AB?J<@8>?BE@2B7==B,:A:;N2GBA=E9HD2><>>?9CA?C6B5=A=C@:>EBHIF3CD>ECC?@5G6=<=E5B8II;9%ACD>E>>@HE,A4KG;<'=A8G<5=?>>::A5CAL7@:B:++9.DF=6@GC;DA@:<<6>AFA:29A8D@>=DB:B1<>=>8H8066:HBB2=:DF>0:=H>8C;BE8B9;?>>>@<@:@=EFA?C?IF>G?:AEEDH>;DDEJ;@?G>A@BF@BA?H>6@AC:5C>GE>FBDBDCBAE@C?@;<8/??BC6=AD=;9AB;:7FD9=E>E?>0I2G9;@=09=B@?JGHI>EE=>>D?J6=E?2HC>C=AB;E5?4=B3?A=<5=K;74DA8>IE?9?8A?B><@DHI>DH<>7K>KAE@?B<CCKC>9CBF0LC;@AB@CCCF?@5;;HG>;F>?A==E:CHCE2FEAJGA>G767<@;C8;D06?CC;H@?GGC?;BG?DD??>=GBEE=;>BA?B3.CD8FCGB>DH@6H

8<@?7B>@KLKHGC??<:C:399D@AF?-FG?FBJD=DCCIKC:@1G699BC=@@H>=?:FE?E:?CB8@CCAK>I>3JC;DA;D:FJCC?=?D;H=;@AN;LIFBGDBGA2HBEFABEGD>?A@EC6D>?F:?HABE:;G;B:H3A=:@?8FC?7=B=ME?8L=IR>MJEE5:PIAA:N<=4C:AD;09=EKG83AFBOA@;C>@HG@J9;LF:GAJ?GHB5GAHB6AJLGDJA=C@CGBDDHD=LFE?MBA>8B>:CB=FAF.?CEH@1;c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`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r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oDFAE>38@C<:6<>>?==@<:6>D?06:8G;C;=@:5AD?>63@;>AFCF<=;B7J=<7:;AA>=-@*=/?E0CB@9BBEC576A%D<4:@7A==E)@:4A8>DC@:?9ADB>.<;:BBH=>8AB@?9BB>>?F9D39BHB@BADGA=@9;/<6859=:=@7?B>A;A==B;A=>@2E=86<=A=86>E;-:0<9:;C?D@:?B>>D<=>E?C=18?A?B6GAA?=16==7=;@216?*;;A@BD5>:6@;=4CGCC>B@;B?8F2@<8E>C:CC67FFC>B:=;=?<;:9A5AF>>9?77@=<8?55@BEE2@?=97=6@C>;@A;@:87@::3>?>D:B@>?:E24B>>A>DC?>8D@<<@B?=>H8BC:BC0=HF79B=DE>CA@E>:=4<>B;0;?>8C?>A;@C3@CB-C668>A92C6CC858?<8DBEB?A0@@9:1A<@F7???;=?/C@BB?A6@4@8BG>HD>9<;;7EI=349>DB=:=B=@7='94>D@>>@3F;GC>A:7A:@=>C>>@>27A8G@8?H@MCC;?;83DCJ8AA=>:=LC>V9B=I@G@E@8AFF:<=/1E=D:MBF<>-1FB?H73HEF91@?EA:BD>E=;;9@H3HGJ?D?DD8A?B??B=?E215:E?CJ@KC0HDFFGBCCA7?7D?Y:+@HG=>ME?C>G@??GL8;JBQ>PH7?NC1D@M?J@GFLHDDAGC?@?8CA>?CAEC?GHECB>D>C6E>8HQDHGH8;AMCD>G?>=DA>@BF@49?E?HALHFI>JB:CG@BK3@AHB>CHD7J6@8@?E?<*?JKJ9I5@F:3;MGHD@4A.@;9@@@<;ACB?3?8H45?7CG=522>=8H?>ADF??4;CBAA;QA0@65>:E199H<4C<:D;C>:A?A?2:D9F6@>=7B-B9=?4=>B5>49>-8;:797@??>KBE:?=4>B4:?GDE:?=??=;;B287?D:.3==7A*@:8B3=7/:B??D@<=?9<04B6099.FE=<:C7C9CA(:@<;BCA@?A7G@@=A>C@>>G;46<<;I@:B@A:1D3AB6>A:+8=4D8F=J19DE@>EA@?DA6;FEC:;:CF;D@9?I=26=@>@8?8679:B;3=@1B@1>G5;B@>===92;:F@==/;BB=>FCCHDF+F<@DEEA?H8??F4??D=EF5>AK0EJC@>6A?32BCE/AE;J<697<9D8>9D>4B58=F6@CD57DC?@?;C6@=/@E6;8F?1;>>?A?:=C?9AA;EA;<=>>:8>>>?>/2C-@>?E=<,0;@:@?3=7;68?>D:CD>=?0@B=>?@=E??28B8><9?==?<;A/=6>?==A;H=:<@FB5KA/<=B6?;7?5B?<8A;F;+.;>8>=H<:=:1:?@FEA;3?>@@6?>FF0E@=D@:;9>4B:88D3G:CG8>;C@F;891><6?@HB71@AFDDG7@J8E@:56:?D8DI?=A*F?I>G9>BE/:FB:LCDGBABAD?B9:@<8:@@C:999HDFAN?F:O57=F@;C1@9@?2;;E7??>2@8@?H/>,@<+;GE:I?;59@F=EBD1C<8A9?7=@3??A@FC9C=?CFEC>::DM?9<@D>GABDGCA=;L>;D>A?@=D>H>;GAA?BAB@=A?D:H6;CIKEEOKEEG9A@5G8CC=DAHEAB5BFI2DA8>H?AJH@LEA==JCGGP?9HB>:MJ;CCF?B@E@;:@:@>H?F1?9@F>C>DN86.?BB@A=?>=AF?AAD=5=B=FAG7EF>B=A8>SAA@8A>6A<5G;ACCLH=ICE@KQ<>B\8=CG;C>1G6@@?ICG=F1C4E?DHD@JPM8A6>=?A@38@@?:BDB?DDG@;GICCCJHAE0EAC=CHA=TC==BC?=EHLCD4;=I?GBIGBAR85D;=GC;9CCA8=@A?J>,A8HA;4;G>E=6@7D>6F=PIEC;9=@8I9=A5;;D8B85I:@@;5JIGA@?7@=L=;G2=DC@>:96?>:6B>;=C=BFB;A9DIB?=C9=<6C=EIGD=;J:MD:7?8>F;9A4DA>ACC0CB99583D5;:0B;BA566:>CBA>FC;HB9A-538C>C:2:<5@=C@BDE93@8J0I>8AIC56?A.8?>B:GB5AA9@GA15>A=J@@@C?;?=H>F@<;07C@@25;F:?=BCAC=76C=;=C9G:B?CDB?<;9C39:/88;648F?CF3BAA982F>9E9BC4D?E7B=6E=::0<7>?HF???7?1/;>@<<6=?BECE@:BFAB9=>@EB=?547@=9@@9B;:72G@-AI6B=93>AA98;@3,3:C387=B6B:@869<;3?>@H=?4@?/F?A?<3;;:@B@66@BACFEDBC6/A;=?F:=B-8;>7:>CE;B:B<;?BF6B?2@83>?>HAD=B>A6:@B=BA42KA9>:;@C:C>?AACF67CCD;9,88HFAA?A>E0;AH=<>D;4FB=7B-4<:;EA0A?@@F>8.3?D;=6=B?8B68BGC>C.E>60ACE0B>3<:A?C5C;7B2BD2===E>A8A>B6@8@F@;5=>AC?@>=??=:>B=>@9=@1:>=F;7CDD@=?A&HB?8H=HAF5CFCB@E:G=?@;EA>88AE7B<@<D9@=AB8H>;@KD=B6AC=?H;<5@?C=6AI,BJ@B>@:B3?ADEJ<;CC>B?<=C@6B03E?>E?B=9ICLEA4?>>G76H>::;;:=?-A>@?72C>B59:AHC:C>K9C@8B@>B>?@@D=<@9K==DG@FB>I0GJ8E-KO6BA@=E:D:B?DF?CB?=>?DF8=F=EDB@?DIAJQHA4D>@EM@8C7A@9?F;IL=>J75EE@=SJ>?C9IQJDEE@?@5?J3CMI=E9KBH,>AD@I>E@>OCC6LB;>@JBJHFAIC>D@O?LE59?LN@A;6;7?N>=FKD;AA9;:=P@:<1DBG@F9DAHMC?AI9=SMD73?98CDFG=ECCCIAPDBCF;<>DHG?@=6E?EHBC;E65>D0A5BB?BS;BD>E>D>@>@>CA4?C?'A:I@;B@9AGHJ?1E<,>5F?;AA=C?=<7205=9>AJB>7<;?A9;FABF:E?=32D?=7?@DC>=6=6A?J7:?@>==;@BH9FC@BFA>5:77@?F@B<7@<8G;49:<>=@;=9E<3@>GBD7F?>E=A@=F9EHD?@B=DA;GA?<>EJD9BA8B/9GF4D?GA@;;9A2@8>:CC>5C@DAH5D/A@ABL>BF+E=@2D1;>G>?64?9@?9>5B;BF@A=?36C8HGB@8=CDE@ID@<<@D>:2FAB?;>ADE6><8C0?GGI5==;B<=8F;98D66<8=E4C9?DAABJB>;E>=ACB>D?3A=@B@>A?>CC@E./B>;@=D<@C<6;@>=>@42;=?GA?@7<):298B6;;7>:8AF3:E?A;6?BA>>BBF4;8FBE7=B6>C97A9>8FDBD;@DG:<@G;:?CG6A?EBA:6:5?5GDGA=>:G@@?DDHI:=@G<>CAF5?BDGE@8A?A?EBC:6(8BBA89:C=:A;<@G?4>>H??=DG;>A>:>E4@F@<@BE480D(D<785B?>;DDD;?CE<>EA7;D7;:@98B85?<:CIJ@EAFA@3AI=@7:?A(BG5C:?@C@F?G?:A>?A8?>5>DKE0BFHH@C*:?:=>L5@9I;=;?=9?<;98I?@9A=<@6:3=E<=6=F:C?>?;CG/A@58B;?4K:A=IIC>:>@BB@C98=6@;4?7<@N>6;A@/8@B,<95:84@A3E=?A:AI@<=?D:D=D?BG@>D>BA7@B;A6;EA:<6=AA?C:G3=?7=EAB7<=@<=I8=BIC6B?ICA?BBDH6R:I8<7DNF>6L@@A?E>I:8>;J?B6?JI=6=3D7DB:HMEFFCAJ@;JB:C;C0547S56CAKG@BMAP=KC=2D:=<9DCFGIBA;:@FDKAIMOFN?AC?JIF?PA.CCGABGK@@DCAADHHC?9A=CIH?3:<;A:JIMOEEF>AJTFDD46=:6C;E@DFE*HMHAO=@DBAEE@\L@5<>FO/JE3C@F:.EBJ7>>BE=:E9:E@;AP9HFHB;@CCG>A4:?=.M:G9A-69><1A@FI7=>GFE@B?AD=@@9HB:B<6D4M.B1@H;AB=6@3ABE=J?=68I3D*G???<9E@9A>I3BC4?;G>8=A72DGG9:KB2@><@>EA?D7>E=186.M:8;CF@7<<:>@E@77>=,->9FADK?=7@-=:2>>?599+:;A8SFF88:06<:2D?;0?0797A:>>9B85;1>F5/6;0/97+<;CI4AF42D=:;B=>@;>;=;?C?2<<:I=A=B@>>>E<7C6?@8-E)?3A:A??08=BLAEB<;6=<>F@>85BC3F1:;E7?C@*9FBB9:>A:>I2DE@@;6<7>DF=>IA=?19;386E9?DB=E/AA9CH?+C=B<41@:7<8/7:>:9D=:9B98?!CB>;:/;GABA8C<=C?;:9:78-BB655:@B3=:<9??A:>B>>:9@C@2B?D/75;<;>6579?<?=-8-A?;@C????@?=8972?A;.8A86@68DB<:8@69A1C:65D:?C67=B@<.A@BC:C9AJEEA55ADA1D0B<<>FAAFD6C=99H==@E@32AC97F=7?@=8GC=>>GEB=7CD=G65G?2BC?>?>CE??E>06B?@B@/;:BAB=464B=?7FGEEEB);A?706?4>GC=A=A>DMA3=C>G?A;>9ADED?5E4D@;?=A;7F<>AFC=B8F@?9:9B<>5<49?@D>=GEAJ8;99<=-EA8@4J;*CF=@7>5<>E=AE??8KC4DIEI7=E<@FB>=?D;JDA:B?GC=>9?>1.B8>H?5B0E=;DC6=G4<=?>BE97EB8B29A7:DG@@44CB?K:?E=EBC:.=9C77DHECI>;CC@BC9NA@=BF7GEPAKB9ID@CB@DBE01;MBN9DCAL5FBG@FFMC;KAA=H@FLJ-BF?HOBK=?IA>GB>HL?=6IMFLM=C>II>?MJBCGJHCA?G@@EJ)G>>9FD9G>9C9G=D3=;>7I>4AF=GEAC=E84FB?E@J;?A5C?=?EEFDBDBHD+=LIHJGQ?U?<8P8B>=@;?>AD?B?:*B>>AEBJH;GAE+D@;4-@I4E8M@E9G>?69CIJH@FAC;C0GC@@>16C6>AQQ/MCC@HJBBABDIL<8DA><88:CCL7B5EC9B7A@FJ8C9@D>;?:B25CH5EA4@AGA6>@B8?5=>?:986A8B=78GCC5E@3B@@8AB43:<0A4?7/=-:5;84?=.@C2HA693>L973<@;<7B?B;8=A:=@CB0+@J:27==>@?0/5@=;8+06D623>71AAG;;CGE>E>?9C?C0A@??8@D:5I7>G;G>:P8H:E7B=6GA9BA<<@?>A81B:F07??48E>A@A6@>=C6;C4=05IEL;;C<:3?@CA>/?=/EC8KA767?;8@<-D>A=6*???DD;.>>AD=C;<=@6>?D00?>1@@9?=JBE>E<:@1D:?8/29:-9A;27C<;9AA?>:845=/9:5?JD>@<+DED;C48A<-7A@?@5@9;?A?8<;1:=A>@>5:G3A8E>8;<59<9C0BA/97A=;C4A@A<98;8=>495:>J?7;4:>:E>8>9=A=78@:7>8AAE;FE>?49??=D;>9E@2/<E5=:D;5CED7=B<94D8==CEB/=F0A@D9>;767?76D>DEB<9ADE=?>8=B4I@B<86IA@=3A>@5B:A9;@@9AA>:9BIJ4B97CJ?5AA>?=I718CG=AHJ>D>ADB=>2F94442B:A0B9:EDA99><:E59>8B@>8IB>74@EBC<<8??C57F=9G6A@=@>;=;4>E@M;@?I<>9BE<A9@6:;9@:AHDIEC5-BKC@>B5GBBE>A?;2D8FE?L<>D=?C9BACE@2=?@@AF?F8JCA4EF=GB6?@=9?:EG;<6<;>B6@E:A@?0EEC99?A6-7AC;B==8H@B5?H8F>H9<:CEGE>2?@=D;>H?LIA@<>9>@C?>???IQ@J=?JFB>BHKD>K@@>EF9CRDDFEEJH6:?CJ6=CA@IK@G2BHH;NCDRNJICL19JF9?>@AAI;UEAE;FBC5<+GFCCEDBL.DHN>=7?BD97HKC?FEDF>DE=A4>>=IA8F>A>TKOH;AH56B'B@HBH==I@GDF9A?EF>;>>>>BD2AB7>@3J@??28?B7C;F:@?MMIMMC>2HIGMEBFH/;?F=ECAD?CFCF2>49EGG84>8:CIGGA@A3B>,K8;A;>;CKG832BJD<=9@J=H@869;DAA8B?==?E:?C1,A49F@>,@:>?F8.>/F<53FA;A@CCB>CC49H?@45>9@4>:>:4@B90.:%GAA23?;D:*C7@?B8?.@D6+C?(DDG@B);<@9@A:F7=5??A11<>;?C=?>;B2C=B<9>9B<6@4V5HA?6<;<<82?8=@5@;A;;B47:><5B295:=DHA?B?<9AF@A4C>:B;?@EAB>2D;C=8C;07DG<6?G<<@>>D>FG?8?7<6@CBB?BB6A=A>=:?EC@CG561EC=>@G1B7=A<;?D=@ADC<>?=C76C=I=B;BA0E:?=HD6HCC5I5A>?AB;E?>B@>?2;>B;7A@<>9=8@/5;=>>:ADB7>8=97:2D<<6<,=4B37E9@@F5==?B2<;C<>BA@5.E<@:D/+=1;B5:@HF*<<=3D?K>=893E:>7?9<>@4G2,G?@CA9946AA:5CD?GAG09=E:=8C7?<5:=D7;D?EA;?=;7A@L>E@97>?E7J9&>>-;7G?E<:92=A9A<2?@4?=C11;@?BCG<8:3CB?,:FGDAC0C4=?7A2<2C5F>9?5@9A8@@B@C7>E7;2=E>@*<@A2?BI@B>7E@8>FJ1AC<>6@@DD>9I:=?C;AA???7C5A6297@G9D;:D;9@CH4IF@FI<@A=A<;@DC63>0;AAD@B:>>FAC>>A7CE49G=4B81;7780@FC;:E88674@:86IA>F@EH2C@A3=DCDA<:0@DIF@;@C;EBE9CC>=:E:I?7=>>;E?=D;<2?>C>ABA>6H-CD;C;AD9E;G;H>>;>@@I<==;B3;F5C;F>3DGDE9>BCH7D@3BA99G;F@1G;?:CH?JDH8BF@GD=A=G>DCA=@?G@:DFJ@==@CEA8AGHD;>K8QI=C9F:GCNCC==D6IC?3F9@EG>>=C>5EIDV==MC@F=E=B4AOIJ6IAADED>>NF?G?>DND>ECLD:=E:=AF>@BDNI>IJC@?BEOHBCJK=E?DI3AAC?BOAEB;OFCAGHLIMJNJC;AGGA6:.?J;F?EGEJBACA6I6PCMI=+>H>KDF??AM:D@AG:?H>HP@G?1@7JDC@B6E3E77@F:?J?=;9A?B>4@AGDB<@6A??;>I>6@?G=AF>C;?742?O9>0AAA9?H9?H@B9IBA9A2;H=H@@FLNB>A>=6IJB7EDFA,4/;FC5?=8B&:B?@/:75=>>.BAD/;;:H7>81=;?:B99=7ADC:6?@@D@>1?=>@4B=<;D=@1===AA;557A:0:A8A:@;=C;:DFH=F@@8A?@CG?7DCC?/7A:@B?@F4=@AB@DAB?@:@/A>:<.;@@0?G:@>:>@B?:9HL<<9A>GF?B?=;9>C@>53:B@>CAC8>E4B@GF8FA=6=DAC>:<;>C:A:A;?;H@?=E5B?7>A7AJ6=>;69787*0<79D24@:E;66B0<@2>C;9=8709>;;8HFCAB?;:3=>A0GB?73A>;8><8;6=95:?8@AE<A=@ME2B4=<;;8:A;=>5<8@;<>7E$671-:<=6887?2?=>*B;>97D@==@;8@9E;>.==D<8=AA<8;;9C=C=7@7<@ABA@7623?<5:CCCF7/AC>=35C::@3@D65E@44@18@>6A:B@:;?:@;CCC=?BA@?1C9DC:>8=<@=EF;4=D;DG7FA@B7?A?<::>@DFC5(D?BJ7?EHHEAG?A@<<;>8@H>;0;@:>;B2:9CC:9D@>:96;=E<7G@>89>8@A7:=8B7=A>@;G7/ID.=A==?:><4593-E7=>>8B@E7<2:?CFB8D;;BA7B65@H@?CB->CACCCJLCG.=@?=?;9B8>D@A@FA2A@B=7H1:;8/=G7?7CC>ABAAAF2-=E7AHDCL5KDGE=?:AA5@=?9C5I1LEAC@ADC@=C?B;AN@CF?AJU7<7L9G;ACABBF?H@LAGC7;HFI6?1CIDDA3=:7?@>>?AAC27DC@D7:A9C?=:4@6?:@DOJ;TF;D=@9;<7;97;B?9>@8:J@GAGI77B;FBA=G8E>6.C2>:C;DF7CC@I?6MFEND7?FB/7D8=FCBFF/DD>86?;;B?AOKQ?<@=F:BB;9?FA>B>=EGEE??>JQTPBGBOCKE/8C@CGA=:=?,BCGUGI=TAIAFCQB;B;@ML=G@D:8KJLFOI;MC@=>B?B<9A6CJP@MA2;A@E8RDECJ>B<9A@>>E@DB?D;FBFHACK6;ADBIC7B@;@>NK9?:<7/.:=$;1:D88AD?B5B>DGAA5E1:>B<;4C@;KAMJEEB=@56/39I<>:?89A4>G@>E70E@N:O<@=897D?CE>AI?=H>AJE:C5;BE@>AE1A6@AE6>84>=F:>3>H5A;-HAC@C>=12>DC=D>,:;FCE<:1:@=;A@?@@BE=>5BC:5B=B*:.A8:6<:ED8@@5E8C@==@2=A;<=9<68@-;.@>:7=9526>6C570/;B5;:>?-77>C9=9;=;=>@G><:@4==DH7::6DG@B@?135D97D<7DD:3.=2?8L?@8A;6B<899HG>>@D=?@;<6DIA;2?A*?=C>@47=?=C@1,B0B>3@6AFF49D5;@99C;?==:9...>7=;B:8CFB=@,3>@A9>>;@HD@@>A@>5BE4ADB:D=>A4@9=@=BD6:>4?298447=<1=E>89?B>5/DH4A778FF7@.4EBA9D<;A@A8B@9??A2A>A0AHB?7D/D7>4G=89:8A>?==@::6;;5@=;95,;=?>AH>61D:7,;B=>@@D8;0B/@:9::B6C??A:B8B5C:2>=A=8FE=AAC7:78EB<>AF3:E6A,;BP:17A0E?L=?F=EG9?0EA5:A2C<.@5>,D:B:@B484>8=E8;<;A;:4::A;B?BE3=A5@=C:@G;>7A==0B@>7;=@=BFH=47:77@A8>@B>A;AB??:DH=0=F>@7B?:>:CH=B@>G?9A8<<;9D=49BBBABD@BKD?9D?I=73)=3>F<=>DJA?:8:??99>C:6:CKD=D4GBJE>CJFE9BSB@@A1CG:E@:E4@?C:C:9>>71D;GE6>CAA:D>7I@B===DAEMLDEHCHEL7>B:GDJDA<>D;:AH6;A8?C>I9A;;3F>AHF25@C;BD>;L=BM;IL>9AB@LAA9;LCIF@GFK=BAN@E>9HG=G6??KBG@@B?;<8B>H>F6H?EF9EELHA@BFD>BAJACDBKF?G=GN@DJF5:HI;HC5?DHDG@;N>MCB6O@?7D>?2@=SNT@@?JFGBBFCIAP8C@6BJGBL@@ELF:?>J;8DH=KAG5/BJ8NB37CM1<;DE@HH5>>ES9FD=A>;>PDCCA@1@GPE><;R>EE9C>BJ;7JKO@=8@7CE<==2>??G:>E,?ACLAL?;D>;DK@?AEA>HA=6CD=>D=A2FC9@==@7>D6>AFG@4=;>?@I:/PB4G<<8@69@2?<;2?I=C9>C@@8=6?3:BCEJIF9BB85>58C>7B;-2B<95DDA9F@C?:AAED2D=>?/B7F>B@8C<>BD=@=7A4H4:C>@G0;=BE@7;C>99><396D847FG25?A@:ED=ID9L6;@A;;:2F@6=@A68BK/5>CBCAI8=BE06;8;=A)A?6E@:G)9>A<@'><KDG?0;=:B>&<:>FJA@C;<;A9;.A>;D@-;;D7B*C;@=%>'@=@;>==@9;=:929>?>8-E=4C2>9G988B>92@??C@4??8@7ADB;H3DB:A@>A59DH@B???@A=D,8F:CE<@>7HB9B9C>>GEC=7;<9LFB5@5@8-::A@-9@G8@;>CB51F>1/>95?;;8ACCB:F;@7E:<=9/:3AA;:A@EC67?>>07+6.<:C6DI771B=<6IE>4A>B>A9??:>@0@9<>4MJ2:/>=5;H=GC;E@?CE:6:C:633F?4FEBE;AC8>>@BB5A>AC>BGG1C<9=D=HJ@BGBE9GM?:6F8;=8<>H>>?9F30CC@F,E;:AAH9<@7B5;)@<9B4;-<@5=A>?C?G.IA;+1?;;8IB@/6B=@???:AE>@4FEB>EA?CA7?C>4?>9B4CA12@7A>@J=A@A;=?:8EB;?0H@:HCB==6@C@H9BJ1:<>D6;*7>===>F;3<;76E?G;8A2EAECHGA:GDE:C0@??DD9AD>AB8==BDAI=E9:=CCA?A37?C<9C9ACAJ3N1=:6?E?C1PBBEE>O>?/G@HCKFD=@FB<JF>BJBBK=HD>:E@IDD;@?=G?>8IBDAFMC6C>?AEID@9C@I5M@E=>C7<;C87AUFHGAD>E?DDA<=MIBPEA9HITMLID?EG7F@AF@5@6@KUTTCIAHF?ADEF<@@NA<>CDH9GCFIFB7OHCRL;;CHL>IJJEOJBQKDD8F>G@-/:ICM5UDJBIQ6BNKKC=QFAABAEDK9IOK@>JCEI@S8G?=C?D=8@AB;=)H;HC4CGD;BAF?AD3;?;08A6F>BC6FHC?;BFB=@FPC?B9DAD@D?L>@?;=BA<7M==:D>>I=C::?7<;@EB;D@;>@/6/A;@33??9C5DC:9BA3?>:99=8=C@5:;@DA-86=AB@E6:9?486$4@DC>?88;=@H3BD:6D9A:8=?*H@>@/9:3A>:;3(7FB@@>E=8@7159C375<05@/=/E471A@=8<<=@-=D673?@57>*?AB=*>@B6D7=1=@;B:<@DGA0)E=?C/<6>26?A?A7':A:;C6=>=?E>H4IG@9B9;=:9>6D?:F;G<1ABG@A2>=,9@GG3E16D375:1?=C=D>>@C@D;76@@:24<<@6:95B5:;?@<7CBA:A@;38?A:C3B=F?<#AAA?B,A4@67;:0D><3F?=?@:<8A>>A=5>-BA:?@D==?@=D=C9=7?46:;A;5;99@>9>8?A228@;A@A=C@@A??FH@;:98><@DB?1E@7B767A?;63;@?79<>F2B9=/@:F83C=<3?:1F9C9A=C>7;?>;<8=?7A7@:;87;88:>,F=6;CA:GC?>?CBC38B<>=<=D92@J;D?FC7?<;2FDBA=;;8?B?C/;4>>CD<<=E9AAF=3D>@BD>A?CG@>DCBAFF>=>@A87BE>@A<@4==;6B:@?B7A8=A:3B@CE?@AG:?;>2JD84F97/@8?759<@9>G>9H4<1>@=5BD>5>=H?DB;GD<0@.8?@D<79=F?:<)D7/B/78<:=:7@<>=?2.E=?;<<=<97FC?31??98E?:8/>0@<>2GAB=AA4@7B-9>D>E>=14BG5@0D@7=B6F@1FB:5AP=:FA<:;A;F:BAJ;EF;?ADAHAFDBE>@D;:D>K56?C?FH?BKFG3K9JB>FE6ADB7?CF<9GB>45>;;:BA78A8;E:?BD>8@DBH?ACF(C@:@GO94?@<3/A@F98>?B6ID?E7>@2AFH9CE>F;A;C8?8A?D???J>LFLFH=D3A;I?4C5?BA5J8;D@A9CBCE?IBDA?K=>GNG7CQ:EF?BIJHD>;>@EE>7??==KHCA?GG2?CD?IL=ACKEGE@?DF?HCA:BCL=9E?EG04@=7HEDCFBBDA>IJOCBCCBF?<=E;;E@HIHBEBAEACE;CDC??AFP@BVKFECECJD@;4>C?A6JHA:WRFGPAAJBIG2RLH?;?DCC9@CBCDEDFWG7D:;BKLAB9J?GC6@EJKDGIWL8=0NUA=IAG:A>D::BHG1MEL?DE=FF?D:HDBC?<>?FAJN>3AAD5NSACA;EECB?8>8E9@<=@EJ@5G<>6-ADDC68A;AB/)@J.:G>AB+:358C;<:@G3GAK:@>/A8);/>4D;%5D?@@F<6?D8B2==;5:A:A;C;;BD2G?<7B83>;?E3'F;AAK3>3=CI89A52%CB:0J;;?8C658>:4D=ACKA9=CDD;BHL66?>E>8.79;C>8?)?D6>?AAB:1=7>>9I=)?BB-=@?@<:BEJH?BB>BF51B;<:DBE?B:,B@>F;5F?CB@I71.>G@9<<;A=B52<;AD8?50>@AB/>4<=?@E@<=F??D=B6:B;B0??A;=2<4>8F=9?B9A/D?B=F@A<>F94E99F8P>;=18=6D8C7H;9G99AAFA=3:>@DD9@B<5AE;=<5=B>96C6C>@9@@6>>::?A>1>5;;7;?92?5?=@?5=';IA:>E8-AA8(F6?@;7-C,558IC6F594I8AB=GF@>I.>9@>12IB;OA82C31BGD7@074H792E<:>??54BA?G>BD<6K=@A:>>CD>?>?><@F>MD58AA:9?C6I@H>=4>?KF:FG:B6=>>EEA>2G:G6D<3:FC?EBB)B@AA<:?!=6D>==<5D7;8=BE?A9G@>2?.:=I;DL??7I@>8B7AB@67A6?@7@53F==:D5G@3F>7AH8;/>:<>?CA1E:DDE;?A;EE9CD9?F6E>A=@>9BH=:A7ADD>>B<@>9A5BE@E?E;?C;:BH;AMA@B?1>F8>?9CBE?:E??:C57,D;DH?584=BG;@?A>4F:A>>IFD;?B?I?BFDC7?8HE=I>AE>@7?J@A>89FEDD@A:BG>DANC?E.9C?E>7>;:9II.H9AG6FE>B=AI:E?:>83FFJNEAFB;:>J8CHK=7DEGGGB4C=G?E>D@?AC?LLABHCGIPNIAAJH@@GAJ;GC?H@8G8=F899?H;JQHHDJLAFJGGBNFKKFAG=CH@@BHCBA?NEHI@EA??9?DOD3EI;3AIS:A7?5PI>1I;=7@=DBEJJG=AA65@=;EZBE=:A=J=JFAFE?BSAK>;7H?OF26H<;+CD>@5E<6=8CB6>?;?47>:B:B?G@:-L9@:B>=C=G::3>:;?C>J=@B8GE=7B:F7?9A8/;0D=8E8DLC=C5D>+BB>3A/DG?@AB<6AA<:7:9<@A?=5G76@85:=0A=:9@36B@E@A2J@>0A3=3+B<08I@??-@2A8;@=?812C'?7F:H809??CJ>?6>58;816BBA>=@9@-=50/>@84C<<6B3E;><<-=>D68F;:@G?5K:4;8>BA0;CDC>$>A??D34@ABF?>>G87A@5>@A?#<9C@@AB288G;B@@C?08@?7>8=:-?@=0;@?==:A?@;;1@@<;J3:8E@:@?5AI=C58=AA>=E?;?7?>==B2=DB7ABBCIB5CDE-:=<;?5I>F?@,AG7@?8297;FE6;:;?@>?8?6;877:@?C?@E8>?>>C<91?.>9A8>>@9:)@>5B99@3A;>3=;44<@>2CB=54532A=C?=<<18/AH230?>2=>8BA<@';E::E;=6:AD5?1@8=<0A$@8A==91B@3C95@CEB8AD/@G3C=CBG==@79C9;GC91A99=C2,GFF9>@C99<:;?C?(=@E@ABD>?G7B72=6?@<9@@7@B;@7HEA;?=2?3FE2D<;:*8I9BC=>5C7<=?=:-8KCD9M:2?E:?G==?C@G<;6A0BE/E?.5?->=88EAF4@=@;6:3AA88?89HACAHH=A>>8ED?5=;>@56+6<6423<1?9AE;=DF9D4>DC9A.98A9C66A9>B@/><@6:FDE?=:8;B5>=7?BI@I;@;E1>DF5:;6D>BHFA7F:6AA5DE?AB::FJ:BC7?D8K4GB49J:8K:;EA5F?CA6/;?=J4D>;CD4O@9>B=I>;A9HD;B4DDC?;>GD?=CB0?;8DD>?:C8=DEHCIFG@AM>-ADKDHC@/1B7EEK=sj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bUJKCEG?JCE>@LO8HPEHBEJA4BC9GC@AEB<6HEAH;@-AC4AJDQPJEL9ID9CC>BAF?QCMFDHAC3AFODGI=IHCEE;7R9'C0B7JB5H2D>183;9AND@2AD>=87?ED=KD<<6CC@D=GC.?;D38H@E:>EKCHE4=+A:CBE;,6HDCJ=;AA@>B;>CB?=AF<7C>4H:4G;1B;;D3G?58A=3>AHA5B@-;C?>6A=?H@=2?I52KA;;5=;>@0=27>;820B?;A@6<;AC>4>C2?CA=4:ED58>BD9A9?55:HB1>2@?99C?B70B3AB?6C;NHAI?:8>4;>7F,?AI?5FBA=BD>,8?CBA??=B<=C?9I>EB>??JEEI=DF<=>G:B::A58?@7B<<8;G6E:14C?>F?:5MI5><:C@AF9?B<6J3<4;8/=?:6B>@:B=F@BB@;N;68AG7D=G>D4;:C@?GBBB?A@M9B4BB6>8@E;A<4ABDFDBC;;HDEE;AHCD74:6CIAA@1H?HDBB=<7?F;HC)HB?A@>DHK?BEE?;;@AEFD35BF>9@C8@83BE=BG=-7CBAGG=6?:?66JABGJ?GGA@4@>8E;=AF;4::=;J@AD;FA@DC>CB;?A@>BCB<@@>95B@H:AAD@=GI?;:B9<><>;@.9<>BB4DN667C:I=>@BE=;7EB42@?9ABCB=F?BBD@90B;;@0BD?A788:9EC?EA9AEE9DG=<<:@(?@GFD2@=C?6DBED>C>;?<7;CHF?=?F=:C4DA=>>8B@>@=HE?6EL>@BCA>=CBC:2C=<@FCCD29;AA=DBE<<=AFB:HDA:=B44FG8BF>CH;3F6A?>FFD>AI@;>7AC.BFCH@BGDACGGAJ>;+@1;D<5GLL;G;OF@L@@3AG@R@IM?C@C?J=>K:DC2LB@@BJ=MHB@FB=8A;I@=:JKDJJ@GE=IGCCJLDCGJMH@KGEL>FHQRGA:G>KKD>=8?CI;LIK@JEDG:G>>PJBAI@BHA;E=FAHO@>4SED==:?>4C>4C=Q>8@EJ@EC>HD;Z@OHD=G>7_KEIAH^REG3*UNHEBLGK\ABBDFDF9AE@9FBGDAOJ>8D@8QL=MDD<=IDC@GJLDF>2>BAFG=;A=TC4AEHJ>;?98IKTH=?88<@?;7>>@F=@I>D;=?JD8E5A4?3FY=DB=@6?>70A=:;8=C@4@E=@G>>AP7DJOCA>7FF@<5=48D94A3K?=?KAA:EGA5HH?5>5EF7A0=@J1?2C;>G?0?B?=ACB>@>?FC9C==DF>>6>=F>949?KF@5E=>;CB@3:+@M?9;H8BE3=@>J47;B=7G;>C9(?;N.E4@0C<=>:60=B=?;8?2CA07C=G@F@@?@>7B:EC:C6EI?B<8@=@.?7>F9745>C@B@=8N;?A>;27@96C>8AB9DA@=@A>=C=>=7G7C<1DE:<@D:3@D6.>6IABA@C?H:81:A@6AE>?)>:EF?8=C@9@=6D@=8E;>@BD@BK=CB8?ED:7-?=HAHAD:BDA::E9>@B?:AB1>4?@5AC?D?5<=?9?D8??I9D9=;F=D<;8AA1C@9D=??E60/H?8??BH>8C:E@9CCD5:BDC8@9CE>@4?F9@C;><<@FCED69;DBB<9>FCGFCD9;:07D=;C<=?A@2@JF0GEA>>CF>4?EEADB;G==KBF=8;JC>BGA@BAAM?B6B976EC5?;;A?=G/>BB<4+;8C5?9@>?>DD=C?FD/?8?@?G?6@E<7F=>D908A>3;=BCAAH>;@C<83>;:9F5;AF=7=B:9AA?A:?:B@=A@CG9K=G:=6>@;A?=B>ELJ@?=B=BAGH;KIIAF;B9;=B9;??H2.?:4KMB=;42I>>@G1I>G?D7CAB<8>DC@@BGJ?EB4>7ECJ@A;7BBFE@=B7?>>AN=5?B>BBNAC?9F0=DGCB@F>?IB@F9DC@L;D/CH>@FJH8AGCI6EF>NG>GDEGAI=@>DBBCAAEHPKHBJHGDBD?5FIFHNEBKKEE;=GL:?G:@CFDCAJMJ?@?FF<=@DBC@?D:9?>@QAC;;:6M>LB>G;IMEO=DKHJE@=H?DCDDB>FLKGEIHJCFJ9E28JH>E=/=<9@?F::0CAEB?@CM7C@@DJC8@::7<@8A=6:<;?G9:EDBE?77J=C;5<8B@P@>C/=E>?C:HA.;B0>;IEF.6?>?;=8:DH9;0;:.8>7?->A@B?>8@1>9@D><<;>A:9:<*D>=AC=@98=@<9D3D*;7CCDD;<3>>C>B;9@::>C6:A?4D>=B9->3DD0572A4=H,AH@:<9=>9?BE?CB6?98>BB<1GANHB;6.=?6AA;;>76B:@@?C2A;<8<@BLFA6>*6ED78B=@C>=C:9E<6=B<=L4GF@9=D?9A:@@>;1B.=A5@?AC:LBA?E-FBAAB3EAFB2D>>3A;>D<@DC5@?DFDB84;EBC>GAEA@D?6;78AN?@<>F9>?4D@B;C=C9GEICD;/;F3C>B?1@=A>7CEB0FG:<;G;A:3=AAB1;><;@>,E@@>C00:CJ;@:AA?;F69B><=AA<=>3>;BC9;8=>E>6<>>B<@>@C?9=:J;69=7=C96?@1@>?:53.?@B3H7@@D?=@F?34FD44?=A?D@C9DB29F;J>D;AA1;BCH;+?;E?G0B@@A?A8/A8@3;9:>@=?E@>7CAD=D51F8=+?C>E=EB::@B69L0?5=E@A@;5@9=?E?@F;C>55@F<96D?<2G1=G@HGH?;H@:E8:A@?DA8==6DC?9<6AD9857D>AB;7E46;B<:597=:;;8>E=ABFD@B@<2G=FAE<:;=8=?DFC>BCKHGI9HE9=4=KIDDDHJF@@/DA@?C@E>@;AABBF11?A>D6D7?AAGBE:@C7A9AAA=C=BBABID@GA7GI@=ABBG3A@J=GO8?DEB@7@3BBF?@MD<8=A><.BD?>;:;;E>D5E?A=H;@9A=B>J?BCFDC84O@FFKBTCIGH;KPNCHFAACKC7?K]D@?ACL@HCBEBBHG9FSCC60E5FF>CLBBL@CB;E;5FH829PFGC@D@>K@AC9398E4H?-:<=A=K@;G?BC45A5>LH37F@HBG76>A2>E?>B98:4???;E594@BA9DC@DG+=3<>KI>LD>:0:->307=6A7@ECIC:MC=??;/1A6B?:@>OGD<973/;A6/?>?8BCD7A;A?5:5;98:;?8><>H?40G69=J=BE;G99A>CGC?K=ABFG5?4G?6DCC?@C>3B=D'>8669?<4@>B@@HB>G?=?22'=GC>-ADC6.@@8>8C@:9;G2B08>6>5FC;;3EC=B5D@;7AIGI0LFE>M=G6>A55D/@@I=E:9<)C5;@>7B:8B69D-@BC.DE8;AC6@FAJ+A>2EN=0=D0=A@7E>:5998D=A:;6>?B=E@AB5=>E76@DHBL:/74;DI<2>;;A90;D5::>F<<5?=;>>A:=6?;6E?<85A<2EF;A:?/?F?B?46HC6>:?9?7<.A9@A>7>=:@>;31CFF6CACE=;1;B>I:9:;?B@@5BC3AA,>7F?C/GC@9>==E5?D8HF><6A=C;C9G3;?E:AIB6BCIGD?4=B>BD>DD@@EF8;8=FHIAG=?DAFEAA@>FE=8=>;,?G;BBB87@DB1E@:HDB?BB=59==BC:..D.===A6IG<2:HI:B@C>;4E3@E;FG7B:ECAC?AD1=>6?5ABE;AG=A>;8BB=:@1B9B6C0>>:B3CF?DIAF>69AC5E?5?DG95>@D>=CACI=;F@E=@E@6DH?E:J8:DE;C@98CA@C@85D7J=A@>GIBDC19CAOBA:D:?B6;D8B;@CAGB;I:DBEB?>RA9;L>CB?FM<<>CL2G:@:FK@@D3@4????QC@;=AAG@IM<@;BM?GQB>FC8@AQLFMBFF9>RC=GJ3GBB=:CHBKDQ1@EBB??QI?EBJEFBAE9C3:D@=>:HBDMAB:EFSK>INE>BCKLASBA?BDMBI:BGGTMSCEKFJCDL;@DUC<;@C95?TIFB9D>:78<=A9=E8FA?E>E?AJ@;MJ=GG?;:KCBHLGJF:>B;DCMG?H?C:/>B<=GCFFG6?3>=J?E10=6EDC5E@7J:/=CDF@FB(CK7><6F<=%E?1=@85==A<=A?B>>?G?B;>HJJ38:;EF8E>KFD=C<><8G@BDG@:>>AAGB=77E/>;HH=AC?>4@9>9KE2;6E;8?C6;=A:5,=7@>819=49889.1F=C<=2:2?>=7:.G@67.?'76:?;B9E0EE6BA2:.=19>DDBAHDCDE84EA2@>L79=?;71@1=AAH=8CA:?;684=<62E'=8>D"<:;9B:<;C482CE;CDL>=8;19<98>=637F@7??@?E>B?A:@<9H=;@?B6>B0@24;9AE@;IJ5N;FCJ->>?:A+CEA:?D87(=7E:9>F<3:>B?6>AC@N=6G;AD-1+89;BGE?CI:G>4F8AF@;:?;:@CHA<:@C=C@9:N2;DH/@978CBDA?=9H6>CFB4@A9D4@?>@?D5@8A9A=:??B:2=<;:GG2;>6@1;C@=5B>>IIC>:=@>E/7B56:KB9<2B;7<;CB=@0C9?<=E<8E=?DA@::3B9:=1>A99B9926FD@L/=@>E>A=E?@JE.:23075AA5;E?A9=<3?92>J;9>=CDCCAE5>>8FD?6>B9?7I@;8;EFDD<:>@GDB@@>F@IB@>:9;EH===E9ABC7<=D?CH?:>::7>=B:>9F;C5E:7E8>HA<)C;H><=EDC>>AG@9=ECBDA39?AC7>5FCC99FA;C<>:>8:8A5I/=B@@8@JA56>F?8HLDA?E23:A?ECBB9?H88<;C:=D=?6J=EJ>8K<)5>/HE?:=-BA@?PF@@<=?ED7:BDC@9FM;:<9=H;3?7HGJBB;A?83AEBG@B=BAC?@?7BFCA:BGC>DE<=@D7FCC2>>>GB=H>JH@??;:=A=BCJIF>@LBAGCOE@AF@ENEMDE;GC@,MLB@@?GACGR@N=G>GA?;F>NHEELJ?CAE<;DGHAADDHIHFIGAHFAJHJKGDEGHEII<8JDO;@D>ISKEJOD@FHKFGJ3EN;C@@LGBFFENKE19?8E2?G=E1OINF8BOOUAEO>D:AINHDKAF>JDKEM5=\CM=IJE@:HFEM?D6?$GK8?KA=A4K=MNDCACTMNA1EK:3EAB7@@?KD7PAOD@5>LBCN7?=3@Eo=?G=9C?C84??8AAH75:9>>B'2=E=;@:;GMDCI>CI;C;B7BB>H;4E:>@8=F?CBAHD8HB+98F=9EF7K<=6=F?E@4D@I@7C?BE;7=E68>GC8AA5CB;7CA;@FB4LE43D1?9C>B8<3@?>5HD1?A>?1;A;=38767@;,A:54?>J)<.88?<8CB@1A>BG>57EF<@78C828BJA9=D;D?B,F3AC/?:E8: 7B46I;D:9;GH<:DB7CGA;4.7<:AD@?AE>?7*B@;E;?9@:=+;.=69+>/5ENM>>B>H0:;AKF;@?E7HA><5FC;EAB9>5>BD31:>1>=5AHD@I@JAC@<8;9:@EAHB;@5K@3>==@AI;8FB=B;B?B088>DDFBD<8:=E;55=9<4H5=B<:9E:<<@8D/A>A<>9=HAA3@"C=9@=':?;:E6SEHA?@/27FG;:0>@:4@?7C>A=B.?18<;9*?:=5?J<9I?:E=8?B:=B=.CB9;CF9CDE<;4<;??A@<@;?679C=G<>?;=BE;=;=D@>:H:;D<>@6H2@E>G@>9===?4@58D>?G<8:97;>@4<=>4C<+?E@>8<87=6:@@=:@HE:F=>BA>8L56GAEG?8D>3GA>9C*?=>:?;@G@F?3C=D?A7H=;?AAC;=BB8BDB55E=BEFB=DA&0A8B@>@D=?B:D>B7?FBAECC5B5CCD6<@:2D??=8>N=?2AAD94F@A;4<0:;*A@@I5?98B=DJ8=DG;;CCAIB?B3@F)6=C4@F=?;C3EI>LEGACD>;AI76FBA>9D:DADC5HC<;HFCI=:D59>CL68J8IH88BA=B?AHCAE9?ABF?BBHHG@:RF;C7E;:A=@EH57H14H9@2D;J=M>9DL8>;BDA8BJ?M=M9JF>BEHH6A;F=B1EDOAI<@S9HFDFGDCCBOEF>H:EJN5D4FKEDBALJA>J@AFFC@D?AJ7JJJ:KF;?FJJXEJCBB@EIC7L?S?EIL8@4J1ILHDHCEC=DC=A??B7B:DC:FIM?6;NJ7C?JVG???BFQ39>8ANT?P>@ZD;MB?DA;J>KAJ2QM@IE8IL9D@J@F54DJJ>BA;>A0GAJOI@9A;?1BAABCMDK%A@N?ADHDBA5CE1C:F.AJB?<6C/A6CFI79@4;61D:+8@AFD@E106;=A=JC<7AC:<0>A4H=EFJ@6:4>1?7?E6<.=@34;;BG9?CB7;>E;3G=A74;3:2>?=I?7;EB@6F3?DD@95C=8@,DB>B;0D@1?@I>H*5A;@-=7@@4@:<=:A3>>4>7:3?7?=5E<8?D;A?40=@B>E0(42:F2E<=9EE8=58>8E?A@@?.74A0>7/A>D>9=;+8A289;;P=AAF:C:C?@9;GA?DC/28>@5C=2:DP?B87;=@195DADB?=B@>;<7E@FGA?6MEH@@N?@BIA?CB3B986=0A@6=;8AC>@B=7>F?E=4D>?:A;<<@C?77:@D<>GA>=D15@2A?F:C6A05:A@A1@75.?A@BD;:EFH2>G=C67=AAE>8E;GC==?@DD<<G95=7=:<<>?CF;=9GC=E:?=7>GE9??87E:>2=BA<9E=@9?AE9;K5A@5<=9>/<=AB8DCCBH96DA=BD4>B4I@:8?>>*?HFGHADDDD>?@8A;7A38@BCE@9?<:@A=HBC<96>=:6E7)=A@?A9=@FF:HG5C3@?B>:6AC79=K>AE@:C9;:C2C8A>+C:5:B?DD9=7=A9B?BC>?<@C=3B>0;E;7>@BE?->:?;KEC:?A9D8<>@:A?HI?;;;:=>G3CBD<<>4;B2:6G?6G?9D=DL5ACCEEEHF;L@9A?635>AE:>><:AHQ><4=D5BH:J7=;MEHHAD7AAG3?DFD<@I7B<D9IDKD?0CDN@I9?BC?FN@8AKFML=MKIEYN?B8GDBEK>C?MI>AH0@:I(MCIJJ>?EDGUJEDHCDIGFEY@@J9GAKE=FKDDF??=14FMDEGKG>HAB=<8>H>ANBI<;:G,AP?JCK?HCP@F1:>?CMO>EI:HGOL:FH:WK3IEA@B9@O7C66=CH7@-:FLB4C>E:772FFGA>?FHGI736G:NA<=E?:D@>?57/>GF8CE5>63=JL>E=C?:GCA>AB68B38B>G;7:@J7@=BD+>5:=D@25;7:A<@I;><38ABF+B"6D??D>C3@0F?N?CGCEIG4:<>H:C@=A,9@@@?>5C>3A?@>=F1A;3N@/7G?6CDD;8;933>(<59JG>;G;EBA9=EDB6@B&>D@=>B8A2G<@@L:?=/>B2ADE29:>@>@CG==9CB@:AE=PBID<2AB>F<:@EH@41B0@E9NK@H<:G=?>>>:E9=E=;4::C=<:1>9E2A=?E8F;;J>56F>>:?;=H=C:4&C=C@C?<9;DJD:HC>F;>LA=J=A<>41?EKBDAD2@=@?9?@C8H33A>0D74?B@@A@2;9ABDIEJ@JDC66=A@@.BB>;GA7IF@9F6=G?FB1B-FD@CC4<=A>>3:07<@;CDC?C@A8;ABH@AAC9D@??<>@>;76A<9FBFAB@<:5?:A>8?==G7BB>0BC7=@CADCBE5@=>B=+BE5=.DA7BD>9B8?7DB@>LB@>65;?>?G>P3@6@F3>;@=H>5IK@<>@E@7CE9B?FCC>:CAD96C@BCC=7:?>86I=CAA@7E3A39A1IE>JEG>B@7@G@B1B@4?>A:3GF@@3=@?=>6C7?<;AAI@A;>E84EADF=BH<>>D8>?;@E@F>F=A>D:6K=65/CJCB=H=EAEF@;HD;;>=>:>E@@:DL<::<>D<58F;>DD;B<8GB+4G?B;H?>E?@2=7>4AC3??C>4;1>G7?F@:B4D?9F886?<@E8D47AB8D@?DEG;@D69L61E4=C6A8:ED@?59>PD@D?B=@A?HFKA9E>CBFCGE??GEC81<:8GDFAC7AH7?BECKFM7FB>F?BK9D=D>ABN;>C>6?6ED,9JE=;>CF?EGC?OJ9=D@C70LFF@?>;DCC?LB?@C6?@GIC9I?B@FE7D@:D3C>:9KCC=@HJ@?@6BBBFDBGIE?AL9A=J<;@A?DIBNB::>@EH:G?>@;HA3ADB69@??CJF?B>A?NPLHIFGGDEQMCQJCSF>:KHD:A;LBL@FK&DAA?8IJHQ@C?A?D@CFD:/MJBA3D7AFGJQJEEI6IB@7CS>EC7=?E$K+E+B?=F:>E>FHED@;<@>=NCBEE8A<;+KA9<>>@JELC9F@7Q?.4KE>>71C=D;;DDAAL4?=A2EA9DA?E:=B6I<<8@)53BC2H1=@:>:<8:9G;?DHCIEBB=9Q:?BCDF4@7D0:?CD8/=7H>@D3?<(25D>CA5C;E2?@?@DF@.6;H3BB?B@>3@A:=)03?9DF:;?I892C>@;;7G3D7;182DH25%?@7@/>9;2G@6=N:4A7<:J.@B6,87BBAD/:9@A:8<4:@K56A<:F7?3@86???;A8C63@31@G5+7DC@-735;>B?E@B?8:H-D?/F<9=01=A>I21@A9;>;AABHED907<39<6=>;=6>66B1=A7;77>=?97J70DF=?2DD;839D;DDBB;A3F69@1<>B@;99<61?<;@7@3>?0@D'>5I&E>1BEBCC3C6=F>?C0464&/C@?>?@@C9=9K3H586=6>@=@85/>A?B5@857$49;24D=/B>71B@B7>@9CC9@C:C4?IFA:B:<,@B?7>8:BD?<=B>=AB/?0?@E9IDADE55:E=E?>?=3F?A?CAECB6=ABB;F;@8CD7@:BB?>BB@A=<6F@?>8@C>9<1>::A3>8CJ;GAEB28=@D:A=<4=FBG=?FD?HKCFI.>GH2HC?AB8I9899C:84?CD;B@E9AGI@=A=>C=GA??DB669?H59;>@8*9=53A@B88DCE;99E7DI9>9@;@G9DI?;BAAB:=?8CDFB<9BG=DJB>=H29BF8?:FB48B6>C@E>6;<8D8DA;<:;;:E?E>@CE+D>6<;8D<=?>:@CCGADA=>F@2:>=BMEGBAK@DB6>EJAM66GBRIDE9FBG:D8EB3A@;ICHGB;;18=KNBBJDCHE;8F;FI-H:>E26B=@E4TDDKFHLGGGA0?;FFCLAB=B<?;DLMCFOI>@BHCF@>HPH8CFD@DH;C@?EO9>Z(LF@PLD1A9C>3EO<:OF=>ACC5?Q?BEC=>Q2D02D5@G:AF<>L?BF1?@3FK0G>HBBH78AC?D6>/5?SCA3<:H?B63B;;*>EH2BCA=BG8?=;?:GCNR@@8:D@7?HB=@A5B0=>D;6A9)B::;A9+5??;98;B9>?@D/;@@?855?D4=;@1?@5?>F5;C<6K7@7B@7B;9@/794<6@8?;B;D@5<8B5AHC@@AC9A;?:DCA8G8B=<:>C4IB3AB<9B8=><:::D090C7?A@E?A=;;6A:1B@>1:AB9378>BF@::;?A;D9I59ABBBA3H;DA8<;A*A<;DA@3;8;;9<6:DC>:G,?6A5?DB@3;D7B;@F.=@59@86,7=9F586A<-4F9<:CG;G477;:>8A9DJ2A>=<@6:?:;:6>E??@3@>?:CJ6G:=4?<*>6;@AA17D96A0@/==BA<>7=A1C-<9?@:4<<=FFD>FA@8=9CCA1B=:ABBB>@A@A;>BE<<8@BE<@;379BA<98H?E;E8:B@C<9A=GC<8BB8@=7:EAD?8>:-7@KCC@A@A:HDG>D/?B:CE9B>;BG=HEFHK<@E50OLID:F:>B@==?EC@;;ED6B>D>4>2?E;E948?::A.G?BBLFC<;28J5F>>?;>G@=BGBB28E>59.<:96;9)C:7CD9::;@>;497>>E3>;AA=B:D6695@==?E9@B>JFHEEE7@?AC?;?=:>9F7;@<8C@@AB<>;@BD7>??DA5FDF;@9>B:?AEEB5?C=B@E8A=AEKE<9EC@A>@@BB>E4D5>:DHB=IKFHE:?>=A8FBEJ?C8D?AACCMEBDAD558AIGM>=8;F@98@4ABAF?@>:?BKD?FIFA9DGE9T=ACA@C3DEAHBIGC7CI@LAE>::5@AD;?:4?ED2IBHKJJI<@F<1;EB@DAE,DCK@LK1?08F@D?BIOSC8=ACMFFHFB>N=SAF;BGLJIXPCEMAB?C>DFGNQCLG=B7I=G(BLW@GD?6IG>FLHK;MZ=>DN\N8LKCD;@MCE?<8HGEJNJVL:G?QECLG?K42:=>=7>IB5BL>>F?3BA7BCIF5?A31@>?GF6DFH@6;A?+16646/:B>@?G3J@8@61=<6;<,=9@A@A@;->2=<-7?B<=G:;;ACE2HEF>4>@IJF;>3AH==9F;;@A9>2AOD=53:OF:D/C==9C>@856C@?41@4@36;DLIE2K;:C>7BEHC3?:@7-=DB<86@B9:87BC?1ADC;@DBAGE/2?AJ7@@D8@;J;<5HC:=C@>D@C7IA1982?DD==6A6=E?998C3C<@F;A669>>;17,D+=DH//>B78<86@135@6@5D>=5(BC>>;BC>8@=/==;,?;A>B=;@=6=?;J=:A=89298C8E?C?HI:@;:A.E:I7D?98;*A;C@':?>6<1B<987:8E?C:D412<==H>=0-9>?:@>?4;G>?E>E8><<>><;D:<=:><>5?;<<>B>;H2:C098>BA=6>A3@A;BBH>C:BB;D=:D96=58<6@C?@=9=@><89><>=F8ACE8A>09C5;@A:>;62A>D;ACA?-8.G=5>8IF>8HKC4:E=>?8E@CA==7@?C606FC2:>A??2G?0HI7F8>@=B@FK@9;D>@8A<:9<CH:B@?:?H?>H9C7?8>@E2<-F?@C@;8>B?=88=DDC68<:=<*F7H=5B>B=F@:@<D;.@DK>H@L8@?EEB3?CCEB7BCC?DHC99D5?HA@CA<@;?FBGAF@C:GD?=(A=8@:H@;9BADF:>BG?;??@8>7ECA@G;BD@9B5AGFFB<6=6EB?8DAFB=A?<8:==:C7;;<7H;@AAI>AB@5798EB99>G>?5J;09;;@C?584>FBAHB=9;=0EJ>>?E0G?C@>J7BDH@:D=BD;299?8;DBL>;EB>??G>CCG@>D8FCAE=AO=GEBBAKLFCC@EC>B5?JDE5=>;=B4EA4>D@B3FBB:B=58@=FB>1EBM9:AF;B>=G>N>:E@KH@D,F<>LCPTHBIKFG;EA?ADG?IADAEID@8BCEO?@ELC5CFC@NG@6AAD?DFCP><@E>D?:@7EC?=JBF509J5EDJ-H=JF8G@DKOFH@C7O?;@CCKH@MJEBEC>CMHPE8>MJMIBN>BCFEBROIEDEICJJI=EMLJDK@GNBGQMKCNKFGNHOB:O3OA@?MBFMC9?>:BBAD+C>LHRB@Q>9GIHAJPHCH?G9AL3AIAEDGP6JH@GHP9E?L?>ARHJIACPCID:A7DHIHLG@=?IP5HI=8CDA@/50NC9CA88?=4?7B?>CH?8.<>BF>A?4J>AC:A==0D9EK1L?;=?I?H7?94B:O>D=?869?C/:@A=;RG??J'4C0?894@B>AE4:MA>:6-7?<3,-=:>EE>4;3B=5>7B?9BB;2)6;B@6=E5@>:A?6B+!BD@76>F?>2>57566B@HCDA3J<@-7A;9??@E=OGE96>>5<235(A>@1.9?.@C??4==..G415?;638II@@:A;9/=8G?CD=<@<8@8=C?=C=BC@8B>D?:@:>:>;DBE+?E@F1A<@BG>5EAC7IF9:G@<,8=<*88AD><<8<9B9@@?A@??A@:/;?BB?@85D;EF?<6=.HDAH@<>&<:B*3@<;BA7?=@CCG5?@;B;><>C58';@B@77E?:A@AA64H.@B8A,B>:=I?66B<=1:7:3;?E>6CD85DAF>2@7@ADD@E?>@:B87?5:LD%?AAJB@.>;E9570A@GAAE?E6B1LDB>CE>D:B=A1F?;DIE-76FD@9??ABAB?5J?8877;>?F=B@GAA?D?FC8E7??+:9>A<@>@BE;C7C=GDD?>4F?;=D>B<D?E9D9@GFC>C5>=B:ACE>:=CHB=8FH8?4H<=9>:7E>?B=H?F?@EC<6DB6;<;??>BE=AAABE8@=;@A?>?<@GAA9D==IBG@EGBB@?J8FC>?D;EIBBBF;77B.>>;?FE@CCB=DE>C>>@@.?BB@>BCA??:BAO@=D;ACFB:FH?I8E>BKHA=@C?7F7=AB8HHIGA@HMAA5@5:FMEC@9BG=D?;G5GEBA>GK=CF81>?>@FEM>?CF?D>H@7H9>C>8@?>B7B:EMEHB=RC:??CLBA>9EA6E:BG6FEHI:3KCBK9@;5@JE>AACKLJCA?IFJMOEE;>JH?LOQJTCI>VEBBD7@E@IAKHEDGJEJBRD?HIHLA;GH6BO>DGC>SMAEF>MH=AAJZGFFIYO=EIN9PAG?MAI7NLC?@=@H6@IMHBGC9IMOB+FRBr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`IJGGSSLDJ8JJCYUJ?K8>9=A0?>=@KHAMORECHAMQKU8R4;JBCEV@?M4>?VIGB?PIC:CG>.HERPFBFI;PCH3KMOOAA?:DNOOCJII;A>C0+@SMD:AACH=EMB;?@EKDFBBB@C@CBA?D?90BEPCB?A6?I.:;JABAFDDAC=;1?>71BG9:ICCB=D;B69>3CC2C;B<16B4A>=-B;:?@B:@;C@=A8>G<96?8B4EG5H5.C:6DF2?DB;1;@1>>D>=>@@<@HHBBAE>D0?.@=;6>9A4G;8?4BCD>G8;<2BE?8A24?@<@A87D69:ICBA;8B+CC@DA=:A:0AD:376:AA?54DJ@FEFD6A>2A<7>F?G<@F?E4AE:AD9=>/C:B?8*;::79;=E;FF@?=*(8G?D:I@A?E>>;6>8:72AE@A9C*D<=D7=?CD/D>7:;A=B?@A.:7B.:@EIC.;5;@A=>88A?>:>;9)21:

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j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m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bVCKPLBTQMSDGKN=DT;LCD?DFG@:C<:>B6>9HAME::ADEC>;:IKJFP@J=2JGHD?CHGEGe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g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bN;KNEL5GCHNMDCKE:RWQ=<@BLG5BGL@DLI<5VN>9=NBU@BEAC7FC?6<8DF=LBH8+KC9I@FA@;0>P?A1@M56=B;CC74,:=EDA>EBB;=?CD9D+@E9KI?JH)C3=F8H?.C80D7MAAG6E8>K@8DA?B"?79BD8:45C9H>0E8DBBA>>>@6BC<@3@97:4B7B<>ECG:6CJ4G8:3G5DE>6==6>DA?*@8H899@5B9C6?6:;>185CG;@F@JHB8@79FBBA;LA;=5,@4M88?@@AF=BJ;>B=,CE:?BGC4=B?@CHC?3A?1B5I9E;5*2546HA@>5FEEB/?D@@=>:???ID?:=B>?4B<=?CCA3;B<6=A:,G5B=@>A?EHD;G@=H9@B@B=@:96AD=3IBA3GA=D>KB>CC>G=GBH:/4/;39>8=?:?EAFHLD?D9?8;<@EA:?@<;BI9A:&DB:DB?A.6CDEO819B799E@2F9EF>2<=5J@:I82AH:=4=I-:;E>F>><=D)A646;B/3637;1;:,6>2=<;F<=C4I2E>3?>;:17:B?I@=5@AH@;9=.4@=>@:B4@8?==@H7DA;5@>?@??B:5D?@A:BIABFF8>E>56A<1?3DD9I:6?8@>C6A3<6AB<>?A@2E6?3D<9:>9H??FAI7>D>6;2C;D;CADB6?;E6DFB0CB??AD>FC6DB>A@?8A=93=?E@D?;DDG7B=0>?E@?5D-7@>B9?39CB=?3EB=8D0B081;G5=<4C??@F;;BD:C@@;?BD<<9>=;;:=6>EFC<@E.:?H/=7?C?D<6>5<.=CDE8B;A:?AF==:;9EDDA97AB2;8>9A@<@L=I:9<>>>CJ6B8>ID44BGA:0=AD:1=C>A9@AAE==AC<=IC?:5@<@A;F?ANG???AJACD=CC=IBC@>ED=BHGA6>8?CD=8B@FGFB99BI8-C>84>972PEE@;C+DJD?@CHDD7D@<;?:CB=@D?AB8HHAK;ACC48BAK9HD=<==B?:>IA>DAFFHF>CGEVBDG:EFPJGDJJ:JFDFADDAK;IJAAACCJGL@C;@GE@GG<@LKRJ>?LP5;8G>;I8EFF:>BE:H9I?E>4EIA?ADHHC@AMTD?CCB?>MA4C8@;J4E@HBMN;M<:CMN6NDDA9L[NIDTQQ1KPLDGPDHD6\Z@L=RFFLJGMOG5CLN5F>JFYRH@F64L35L6A@MHKNMRIA,@A:0:BC5?C8IB_DE>GACOHJHUAFJFFLEF=;BFBBEJ2?KG3BP;GBGLE>KJ>PFGETFPOJ7D:C58J?H;1OREJ@C7OMIE;HBPOBA>>D=C=MEEFE6DEO<<@IE@8G5AE>40/<9DF=F8?D7;;:@BE;45(:7E2@.B;BC=5/?8D1B;9<><=9AA@GAF@2D;9:A82CB@-8?KACG>:C;@:B98@=D:@I>F<9=22D@>=7A726G>295CC;<0:-9DIM<3=B.839H@B;.68;B7F:B993L9=<:AKAA6=:BAD>:4CDIA<3:GFA>33H>AC:4A:D;;EB;FF0D:>=:2=<9>A9C4C:B59.C>@A66;F8=A-BD<00@:15=IH213B*AC<>G:G@<;BBKAF7IEKC;@@<;G@;>B9BAE8<D7A5;9FDCB@B:<@71:C>:67:CC:D<;6IA:9@BDA?@4A=EEAL37@B/6B?>:DC=9D70=8?FD?=2:?;G52@A;@I@0CF<7A:B?=B;>H0FCCFA99:J@?@8?J:=A?GBC?83??51?=7.A=8:A@<6;?7;@EC?>3;?@?E8:A;5A2@F@<6AD:@8A)J>@A5>?>5;A?D@B@;2<=:>9GA;A8A6J?2:C49<7AE<1(;B@=928?29HGDC;8=C=;0@>9BGBAE>=E:C=<4ACADF1GA<;AA6F@E96;CB;;@=BD:D=D677+FGAA@5L<9C@AB?9B8DEL6DBNJ8EE;?;8>6?E78D3>6A=IBCA4;=>>=<>GJD;?>CAC655:2>@>JC>A?E=F8C=6MLC9@B?AC<3ED<;HE<:>:=9A=:=C?BAED?.?A9ADF>@CB=?CHC=G57HJCB?J8B@E<3::9D=BACE=?4=<.@58DL@FB?@C=B9@.7>BC:8@;A@839HB>?B8@L>E@;CB:51B87G=3B@?=DC>B3@?8CA7?/;KD93?BAC@:G;;D=<:CG?DA=J<76JBEBF?7@AB@>/A@3>E<;DF86BB69GA<=I>:<>A@698>@BCKH0FB(FKF585GH;H5ACFECBBDF10;GHAEKDH8B0F<>=GB2FBHI??EF7<9H@B6A;?UNHGC=ED9JCJN=A?LHBHBPBJBGL?:?>A>@EAFD;6HIM@@8N;A@CQDM:IK>>LRG4>6JMIABFEECLF=1/?1IC=EDGDDLHM;>>?MIJCKNA=KRN>>D=DAJEKCKFIRDLQLT@H3IELNG>F?PQJTD[K=FA5;:CAGI=5=U8LTOJHL3@LGR1JGPGMRMXGH=?/AH>G=B>L>@>S@CA@L`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q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g>@@D5C3>JED@G=?89?AJAA:4GC9;8?CFCCA9@EJCD;L;E:C=BLEA:EBGGC@AHCBH?C;KL>HDD>=9@>@E9I==GC8H@@9>D>>B>EGB@@H?DDCBWCC;7KABCGCBC?HDIEJKHIF=EN2PJSZYLG9D@FL@BAB@G=9IBIBSAA?A3BG>@C;N=CE:D7EE5?<:HF?DF9EECNBKPDF?IHK1N@GFNCGJBGA?MICJI?9HJAEIC?KDFVPLLJDFHLE=FJFCIB<1:?G36DB55CC4@BMDL:AL@CKIPSDIKHJD=A>@OLHHEDOACA=DJ?CVB=SDN@LCM?CCFE6OTV>3HD=DB=BEF?LC?A?NAC5N=KE?=DF<7C@E7;;IE*7=6<;?@HI??F=B<LH>;==>;AD?>NB/=K2:@.E=EE>-<=:0B@<>574=;<:*??B4B8@D8>@<=?M*@8=?FE<>?<=LM@=;E0CI78=<@=B754@9<@0ME?>B@FEA>2BB=@<=?C*?CCDF6;<=>9=AD=;732A2>FB98B?G8?L==9D4@;:6C@=>A?C:>6A>H59AC:2-E>9>JI@@<5B@A?9@0>A:C6:>A;59B??3C(G8CE6>0@9C4>D;CCB/A?<=A1=>E9==9=@3;:=>;=@H><66?<9?=:A4F?=HC?ND>?=5I@>EAI>HD9C4?>:BH@>>AC;D?:0;:6HE;1;8>-&2E>:>7B=<:A:EC77D;=5A>0C=BBD9A=?:9@AC>DFA?H;+=?=>?:7B4?:>G<9?9?B7?=@CAEE;D?@D6.55C7787<;?E1>=?FHI>:;-I:?2>@E;@C@H@:4J@<>9:?:B?DHDD;;E;19A@EC<5B;>K@>B>;9C?FD7A>9=6E:?sEH?=?3>DC:A;D7F;G?:@=CDB7????3?<4A9=B6B9<@=6I4E8:?8;93<9D=4<:ADA9@>6DF44=*D?CE9@99?BE<=5E<<2=9=CMB@HF@=4?@=:;EC?B:@FB>A?@D8=D42?=>6=>?@E7>?7B>>E<>+9KB;9=B><<>:8?AC08?A8AJ>;G=>I1DIB<0A:B0C?S4AA::@=>A8?A:E;3E:==F@BD6C<:H:5?B;B@;>CIE7DC?CB9@=D6E9IBAEJ@99?D5IFE@B@==EHB@9<@G-?CFF>3F?@;IA?ECL=BIFGC8=;A@;:ELC:>IFE2?J9@8BKE9B7B?>>J>EAA@:NFG@JLFBEIIMML?7B7N4BG0>;48AJ:>9CJMB?<9BKG@F.DI>SGH:NDO>9-A@7<=A??A@ADA8EGBJCAUMFB>BNBA=JIEHIIDHLUHFCLRCAVC=ABOBQOED?KAAGJ9H:?:CEG8C@>JK38DMC;2RLEAI4I?CLJ4DAD9C;>:C3;CG:>>A?H8H@5A>6@CL3>?DB1DI?@<<5>>::<9>>SEBG8D?B4KK?H>AAAD>=FQK7K<;@<;LH;C=@9B:RB>=K4:><:79C>?@M:C5C;9=?.F=7F>BE:B6A=HJ<829C24AF>AB9<8C9DD=<>CCG?IE@CA2?5>A9DDE@JDDD;=65@?6JB?E?23>CL4DMCBA2:E=0F@BA==C0>;CEB>1@EAA<6>=;;<7?EG@A@AC;4><7>E/DD5;C3>ACAB@?E=E7;/?<0=G5HB?>>DD89@EA8JI?B::E@C;>=7C>99>?@=BHB:?>4/4?BE8=C=BA@=/F?>.HF>?E:=>EDE<4@>AE==@@D2=ADB=8=<8@=A?@=<@@FA7AAF@=D7A?DA>=?<<94?HA>@86AC:B@=ABDD=DG?>?5E1BE?AA>;DH:3><;?:E1?<;:=>D@9:>E=<@.75;9??F3@=>2@G@C8E6:0=5>8A6?:;B?::<68:?<;=12D68@B;DG>D
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j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v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f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b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e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`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

@BI0>D'B=A=8=C9DB<1AC;>9?JBE?A>CDD>=5?D2B>D<@;0B>FBCAD>9;<0@K;8D=89;33;A@<;8CF70:2@C9AA??AGGG4<57A;<;>=CAFH928;?7>FA=E8@?2BGFH@E7=BF=C=6@=/;@D>4B8DI2H:AA=B4GH;CMCEGDB;;/DCCIA?H@8=4<=ADD;9AJE>CC:AAB@B7@B?A8==EC?998D9@8?ID=4?A=?+H>?<8A?F@<98>B97==735C=9>E2<9=76LA;;H:>E;ADA@=C>=9BH@C>=GEC@A==E85AB>:AE;39A@=C=?EFGCH?=>;<=F:;:<==I2;C??<:AI,C;BHAM=DEJ;@97=7ACCD=@>=;D:>;>5=G>A>?AFH>@B?>CGF7EB;?CA6CAGJ=9;=9A?B;<8A?E8?CDA=C8?9DECD==:D?3;8=B:4E:5=BK<,AFK@;4EI?ADFJD?3IIL7;DBEEIL6LED<@8BCJE:>C;@A>;J?>7G<9BIRCCM=K?==7>F;8>>DLO6?H4G>O;8??DQAQXOGJKFFBLAPHG>JB<;>@C3DI4FBOJF=IVVFC-QN==GKBEFPEFBDE>Q\:BOEPGBIYEBNKC<>GL8@LR]NJ@MN;GKOFVOND@CB?=;F2MC>OEJE;AC?A:BDB@*DC;;@>D@CD;40@7D>@;A:E<>FGF=K?;EICE0?ACA9@?A>?JC=?A>A?3>C>@EA;=C;MJB;@6ACHL:B?D:4A@@3BCGB<;9:A7B>9>89A@=>54?EHBHB5B?6:9:EBA?>B:A;>?8A9GD5879<4DBDADGDBB>2D4/-1@;<6C4BH30=6><9A3BED6:DGDC=K=D;>/CC>9;5D<@=4,E;FAAB>6?C;6<9B?%8;D@;8=>:28:=BA>@<>6=-BB=:?>3EC2>C?@;@?B-A2BC>0@:A32@??9A>?<;E9>A=A;>7F<;1:D>A9G@87D>7F@9A;C73BD=:7:?:=@@;EBE.C?>AAJ<-=8>27=CEGD64D?2DDD=39785@79??9:9E4>@DC@C;>6?@B?=>D>H>1AEG>><3?6B<>:=A/1EBC@>H:@D@>@CF=:4=D?A<:BAA7E:E5FC;=BB;MCD=9<<9B>:@@BB;FD:=KAECHILG7?8HD;@>AC/;I9B?8>>?B?:A@9?>B;C<2A:>CF4?;JB>BBJE<<4E6C@59@3D4=>EHFAB854?D@BD>9=98AC6:;J@EHD@DCAD4AB47ECA4D9;9@7H@@AC?CG3??=CD>2:>CA6>@AFF;B<>8??@C1=HEIA?A<.578D;A?C=C@A=624JB=@EB>B=I<4=8=A>>;=7F:/3B@;ED?D09@FAD;5?=@8D@7??59D?1@D;?CDDB;5D=B>/I@?34A>6?;;H=N>A<<9CCBG=AK8:@97B>=CC@=>:68:E?=EB><:AHC=:8?>2B@D?8BG;5?<><=>53?18E>B3>>:?8CA3A6D>@?HA=CCA8?B?:JCFA@ADFD/?;:@3EB:@@<<;A8FC@:@FH>BA?2D9H:=E?<9D?H>IHC>@@@@FF3DDDBE?CHEF=A?7;<.JCH8FAK:D@:NJ?8F2=HLFAHADJIKLE=@\J8BHD?EPBCDABFAC:OVGGOFHFBAFGHEHO?6EHBDH?EH?CD>GHIQKPTEA@>?1F=L:@<@>AM*B:C5A7EP7E=PHF5>8=NEIDB9L99:HGBHA>3<6C4ABC?CD@C:J=AG@D3?@:D:0<=B4@6>;7@7D?G:BC2=??;.6@9,79=G9@A=HBD@KJB6>D7DK=@9DC>::D?ELF@;?/@J>@AC>DBMB?@0;/=>>:H<@>DA?7;9-=@@;=H=-/B@@B==EH+4?=><7;ABIDG=2B:C:ABD66?@88E=A@GCE9C48D3AA?L:@8=:?@<>O>JBI?B=3>?2@>B@@?<=:-@9:B?C4;8>C7==9=@ABAA>=8>GBA@<8>:<2IB5>CB5=GFDCA.8AC?=GDC:B=?@8>C>=6NF>=:;6D7<:>HCBAD?::B'@6C:==;?BE+<2?B?4:=C?4>AG8A?;FADGKF?IB4E65A?2EC?>;4A>2FEDF;?72A:?=>;@>EFC979D?;9AB@9B;C?B=0GCE>>BFJ<@5B4FC>=31B?=4@:BH;;>:BH4D9D5AB5C>F>98E9<6E:@D7>@E9@:B0;<>>?9BB>C44>=5?9@I@=CHCEDA3:A7C:>B=:4B;??@??F<;A;AA6=>51A84KCD8=:<=D>BB??4BB@HAM16,BLEF@GH9F=?<=-@?@==E>D3?<92E<5:AC6:H;?C7F?C?8<>=:@:=?A9G@9?@@>>FE2F@DEA?>CFCC>?A?CF>7B>B=I===;=CF8A@C7EE5;@FD@CE*;;AA>I?C9>7E==D=82@<<@F6CC:=@A?B=:)==?B8CF>@=BD=D5BB8@<=?@E?5ED;CA>?@:3EDA;BBD@1:>8G?E@@=6?A=9>9=;3C>4<>=EBI@B8<9.DA>>::ME;GF@=@:@C@=7JCGAE;7F@CA28B@D7HAA8FDKE9;;=7E:5JG@@5?:F7@BELEB>?==FF??>;IB>1FD9KHIF?<@BE>:<==;:EC0?MG>CD>DFA6I1=AA>8BCDPB==EAEPF>DDGCARBEDI<=J@@ADF@FD>A9CAC;@B=S?H/OHG@HCGMHGBFJPK@BCG@5@G@EAEAJKLCMNBFIGHEFFFICRJA9;NG?JYPA8FL?GL?@DK6GBFEPUMATDUNHPFE?FGL@ENGQL@ND:GE=RE5>KJPDVCLPHNJYELNHUOABP=HOREGOKNCKUJ?SJRCLGGD=DB@>@FBGRI;H;LGOFHKGUG;?@KVNPFON;>IF3OJLB@BP@4IAH=MTBA?@AMGDFLDGJP?L@:HDAB@N>?IBKNBGV@HP6A;?D9IBDJE>LMDKA8;8?B?0?7;NC:?IEE@EBNADEEA@=IL:F?8DKH?>?@55=:>3=>?$/AAD93=B6A?>@3??72J5@?8BA:4>EA:ED;>?C=B??8DA@4>@>=CI;0A<6G;7L>6A97<8AEBBE:??,2=5D:6@>49@-?E9?@1:?=F?A:;A>E?=B?=;6786IG>>G2CD?;AA=CK>>@E;?D<>AB=@9A>C@5?8??8EHA<:<-?8F6:>I<5???:?A=@+?=?>3@?;;E>AAC:EECKC9AED@=B9HH6A?D&5@DFACEA7F@EI?7B?@9?B?F?C?M:B=9>AAC?BK>ABB>@4@.C:8;@@DCB?BA?DF>8CE?>A=DD=<78AES@=A?J<:C8=LE;A@CAJ=9:;AC9CDC?9A@7>??A@@>DB@KC;?A@??/<>BB@BB>DAG6'>??3@=;3@3BC:<7;D?67C:9@C>:D+61>=0:G=C;>=<;:=:;;D@1<6@AED8@?>AG>@C=:A=6>7PC@ABAEF5ACF=3@ADB<0;>:<6:;:CB>@2>CF7CH7<@=><@29B1BHB@6B@B?9C9A,>=E?@@E8?;:@=?9;CC@;?2A=:D>@BF:F?4:=7B=D;F:=7>@;8?7CG?GD6I>=@>?A=D@=B?;?GPE6=<;A5>F3HAB??8BE=G@B8F=A?>68@>9>B@AC?=96C@CFC:8A?B8>?EA>F@?>?8+CB3C>F0A>>=A>:=GA>7F:BMCB@7JE<;=?C?=?;@<@A?CA?5C?AC>;:>6=2>AGBG5F;:IDEG=>DADA;?@=EDE>@H>F><>B=>?B=7H75E>?H?GEBJA5;K=:DA???K0EJFFE:?DDCFJG>:CB;;C:;7ABB>;;@EE>2>;@5?DDF@>G;E;FG=8D>7:JM=936?BD=@;CAEGHHFG?=GF?0DAIK=DEPL?AHAEJ85H?FH8@HLCFC@A6EF;HJ??NCED;JCE@>:GIBHIB?NE@8BFEH@LDE=GHMBHI8:BFOLIEMQ@MFBGFBV@BHLJ;KJSF9GCQAKGBEIGDXFMGSOUAC6ALDNGDDH6:?L\NPBQRVHHNMQ@IPLKQCGTEI9AM@E1c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a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eEGQG=KA@I1=9:GDI=C@RJKCPLBR9GCXJ?@=GS?0JUNPK3MIRIBGF>BN@MESPQFKUITPdKQJ8EBGVJMV5WD?LJ>GED[Y@?GADDXVBOEOD==?@GCCEFJ@KBA=JHDJ87>C5K=D:PHD69CG3D4HCD;4?BGC:?4K@CE=/EAF;7G>50#/9CC<:DB>O>7C:><66C<2:?>@@<0-1:C1F;=>=<>9@@H@FED6CAA6>@8?C43)A@EGB66?CA-@??>CF;BA3CCF;BB0?B5C(>>3/F<:0?E8<@D<=@.@:H3BB9:77B7?<>87C/ACD=EA?AAB/BA:C=<=A?FC75A?G/5;?B?CAEA47=?A;AAFHA><76:>32@A;?C284DD1?A;3>CE'/@55C:?0><=<5=?EDB5=@4FBE1:08@>9D:A@0?F<:DF@:E;>C:=F0?D?F?BA@1?F>?39?>BA(KAH?B?>;+3;<5@?1;CIB=;?=;AB9:4>;@9C@/=FD>MC<=5A=<>7-AC<8B==;>(B:BGJ=>94FG56DA>=<:B8>C>;????88<;6E@?=?<9@?@;;@HAD?DAEAAGC>@DJ?8DKG:;GAC0>EDDC1:?;@;>9;7A@=>C>A;C@;F74EADD9=>A8AAC<1DD??DA;@D=C:C;A<>D?ED==;A=>DEG;GC/:95D<<6>7DC:5?B=C/5AB6=0GF8@@AH@B=9<8B>3A?<@=DD;>>AE;A@89>2B6FD<:::@=A@5EB2?@==>A=;=F@;5CAAF?CD>8AB<4<0?A<9C-=H=>CFA<;F?@6<@B<9?<@@=?>C8AC2E0?IA>=@FBAE?>B=GE;@9;>C<>;EG>GE<>1@IG?D=<=:<:?C9JH@>FH@:C@HDCGJ7J=I?LEEB>=7@CAHC@?2>??@FKJHD@CHM@A@7E99GEFLBEJOK?@H@MMENB;HCJDJPCFPIYGJKOPLAN\QJF@L<=JICMFBHUKKMQKOKPEHFOIJHYAFNH6HEKDKTMJAIH?CSH>ML?>7CEG?ICVEDPJNTITJMBFI:DPLQKPSNC>9I9=?HFHDA:A>0C>B>E6CCG<4=:?>2?7:?E.B;B7BJ@<3@2B>D-?BC@,?17F@?:=?G;>.=C5.;>CE@.;ED>??D%?:>ALB>ID:9*E>B;?>D@>8F3@D?@@3:DA.B=/45G8<@===F=FAE7G:@@AE@>:;:>6<<<@A=C?9:BDC/1<<;E@;<;BC@F:=@?9J*92=B=8:A;;=C=;:A===:GA<>FDA@3;FEAC?4;BB8JA:5859)E6@<492>>@4@?6DD;8BB>?:58;6B>3=C;K??6C4>><:;B?5?=34>>E;>=F:A7?6;?:F)><<7.FGH;D?NCB:F=8;;FA/6=>=;A@<>7B@B?C::E8;4HA6>4DBF3>@-4;>=3@@<=;BF@<>I?FD?4593:??C69>@@,>=E?CDB5??:@@=??:J;B:=E>=8;@3;H>EECH;>;E>@J>C@CCC:;H:@>BI0=:>@A6=D>@@?BCF;:F=BA?6CD=CE;?HC@9FB6?6/>@GA=>?>F9?;,A:A,EE@DA8;@D<9=DB99>;87BCFD@;B@4<>9J@D86BD29EB@HH<=G@G7<3:7=A;:A:@;C>A@BEA:H@A4>IJ;8==8A>D;G=GI>B<>>C66C@BM9@@>689GC?@>6?@8>=B@C@A;FEC9DB:@G?@I7A6CD@ID>6@DB6;=BEB:19>B>D??@G7G@8DIF:5@?M9EDE8<:G@A:;H>GD;@:5C@>E;EEE26GH8N?BDF>6BG3>AACFFA?9A@A=CCC6?@E@CA@C4>HD5A@@A?L=CCA2GLH=@:FC?F@@:BE?GEG;F>:ECHEB;;IK;5?=D6HCE5@?9CE?=AFB;FB?BIOE?SO@OAH>>A>IG>DDWTKGBDLDLT6>P=PADAGGILIEEE8;HCL?XQE@J4CG=M@L@;FLFENOH?KGCIGHRNEFQ=<@BPHH[JEBHTSLX@F?MLHMHCNGBGMD;@HMCJBHLNOGEHN?BD>?BLMLMQMACFALOK<2JDKK7RXHNJGDQTKFWEJC>KGCD6DI?;5RBAE?]G=?FDA7=HB?DJERHB=D7;KMADOEH>M=>L==GPZOMI::8FFEPEDEA;JI?*GGO>AJ>FIKGBBBB/897K@A=@%DDKDH;B;6<@:DJE1EE;=JC,D1D:F@F;DD?DB?0:@8@G?34;=47E;?D>AM7EAD<>CEF>=B4?E845LI8@B>9:E@G*A@*D=B@D9F9<:8F?DE;3HA4AA=?:<<5@>=5C:=B6FF@B><8AJC8DIG3H)5GIB7=DGA<;=C?7B<0:GF)G?G?;7.5?7CHB;:>E>>@:C?6E8A00CADA?;B:FB>889D3?8<@.9?A<@=>95@3EC:AF;=HD6:@>;23=C@CE:8G39<-;>%:67=;I=8>?6@975C4;A;C?A>D;4A=D>@=.:DCF7B;;0@?-;;>>;KJ@?0=<9E769B@=>D/<1F0>;BCF>0?A?F<<=1G;D6772:2?D7C@DE4;?@:<0:,A?<:=;)>=C;C24:=C;;@6E<9B:5A@AAE7?HB=:;ED@C5GCABA>AG9BAE9;<8A=B:>799LA6E>5DJ@>EGF7BADC<;:G=?-@;=?AEC?>6?CCD-C??F<4?87=<9:DBH>:D1@BABH25KD>L?B@D:9C5E7C9?;<=JG?>=A>F5A7B?C9?BA=HG=>F=@=?C7=A9F98?G@6=89BCB9>CM8A>GB@*A37:IDI?;F?AC>@9=@D<:'A>D2C:B6?>??8>A>@?5>HCB=;@ACE9=9BD<7A:@BGFB?+6>?8FA<49>9@FKDFBGIAC.JA;H?CEDB>A<>DAFA8888=@=8>?:;B66?HD;<8=AE;=@B-@<@M<:;=;A;BDIEC@G??C;=?FB=@ECED??P5>@GF7<>EAB>;;=;A=D@GDAEFH=;?E;===G>I?9JE@BA;@DHG5BH=HGN8KF9FF8DFBKOP@@@FH=>G;MJCDE9GAH=NGCE8DC?>BD@AEFIMVMQCAE;>BLAF=C?@FKHMINNMIFN@JB=CMAENJK@A?GaJCEHHc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fSFPOMHEFD>MGGR?GDHITEDIIPECCJJP@QN=>ADVEG]RI@GDTMZLTBPDC@FA;8G>BG@IINS>AM7BKNJPC@E7CSGJPAFHTGBG9CD8@F?CTVW@HMDLEY8IES`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g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d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cFA=KGN7A8CBEI?MFB?YQTJFCGHF?IGLA?EFBE>2C?C6:F?BB=:JB3?>IDE3?@JDA:38G7?6.>CAH=GH3=N7E>;@<=4@49A9BC;,::=8L96@8G9?6@C75D;;:FJ:B?;3B=C8>&>;8+7C7A=:593;;E>3RE@LB==:8,G=@@2CD,>.HB9/AI239D@?=50/2;3BBB5-8=E827>B?@@A:0NICE@AG@:@>>@AF'>2DC7EADC?<=CCAE><B26;4;F,27.>84:EAF=;1C647><;>619A1-L:=?I7E0;@DD93>*B;B@?;=9:8=4;CC<@A+@?==E7;3;78B;@JKC79A9BAAA;B>B@<4DB3C>J9:C:BB2F=<><1?3>013B:CGBDF=K@0<<@BG0H<2=??@H=;B>6AC??D@EBD:?8=@C>7>;>9C5=6@DB4>F=5>;E>>G8=:.2EH<0C5;DB=AA@79>B:?AB;9C?523;?9K9I?AB6=A9B@A686>;?GFE99B3@?1:D46B?A:.9C=:B86>6ACBDC7ADF>8A3AE?FB>=CG:@?B:@?B?G>9B5AC?9=C@4?C>D?0?>B>?>=ECBEI:ADIG=F9D=9;J;;G@FD@8DCAC;@?EG9;>@D;8E>A=E95G698<>CAE=CF?<=2@;9:E:?.@I<5BB9E<8C@:CCD<+F@B8A:B8DF.@:A:C=F>7CAB=>3@8@;0D;@FC-@EBHDAG?H>2?DCB:93BJ5BID8?:6<>E7KA40FEA<99>KHC/B3:A>1CFD>@6?;8CLD6K27GBEHA?@8EDC>IB?C3GJBA;8BG3DE<;A4C=BAE5CH??EKEAE>9D?@GDAEBAEFAAF>@J>G@@3@A@D>FK@II)>B?<=G>=M1C>AAAIGKD4;?7EF8D<9>?8EJIF>?;I4CG>>;EH:?;FCGIAHD@@8BE>A>DDIC>D;A=BM?8EBB?IH>?JB@?ABB9C?PJDGK;ICKIOGLK<@LDCIIHC:GAXB:DQ9DT;LB?2CC;I=MK@BC@FNCEHITi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e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a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dF9AJOAKFESE@JPMY?BE>:3?FLRE>PEVc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`PHHUQYF>>@D4JM;EKIPGK;F>=RVOFEJKJ`LAI^CD?HOUBQ>ALWH:KHJFI?CDIVEG=GHMEQGXCNTKDLEBFPBGGCB;BVF@HDGC?N>J=OPQQVACB?YA>PMUjdIUTKRDI2FELB=EFZN:F7fŸßÁ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z„sf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d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p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c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b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yR=HWQ`UCGID@P>H?=LMP@H9^U7FIJK?7E?E;TU7>CMFJ^WIO:;H@LH;LJMKD=RGJS@@VQJ:F@BGQ;BOZGQFDD?>FM@J^cRE?DBHE/c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`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`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oI9:8AJC<@CC=D?IDIOHACPNRVMJPEDLCAKHJHJF7;KH;JO=@BMHFGGQECJJQDPJFEAN:6:LN?CGBHCTJ9]L`HD;BDLLP=RH;DRPPIRFHMS`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b]CHd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w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a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x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cMKUME9DQAKO?FEIEBQTQMI?@?KC@DDCBDJ1G?N=HH66QMMGK=>DFDKUF@GEEGH>?;C6MOVJAK?CDD>ARD>C``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e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vZKJDV;@=9NJULXBTE\>JB?G>HDPJKFGb<8ATDNUG?8=C9MKMK=<5HBC3=I06C::D@<7?E>6BC<EAHLE>BFJDLH@<>;FQ@PRNJDK:ANLQSOLa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hNF>=HI?BQKKFBLISMQAODBBCMMFGIG8=LHKGC<=KCII@LDIE@IDG5HEHLOMOO3C/<<;GO:HFCA8@>G@:J@BE?OGRMFI<>D?A:7FNC@=MJDNFGG@EQWQ:UXFB;EPZD7DCCFU@HNDGBB<>JH7PGKBOFCLNLCEM3GCD>FJD@D?@B@DE?D>EM<7AECE@;3JAF?59GAB?BD:8>?A=>=BB>93E@@G?CGII@IB=DEF:ABDB<=:=AB==AD91>?>7:FBB>C@3:9<;9JGI>CBIHBB>DCGCBA,A>?=@6847A@;E:;,F4C;6>6<>?);A%B8CB9@>D+?86A,;>ID>D@D7F?A?7;?;?GA>=;=@:<7G::F:;9>E<9?8>?B<;?:B6L8;F;:@8?;H?=:HFADA?B2A8:??G@@5B3==C;IA;B>A-A>*=@>?CA<1HD;A@?=:<:<;2D;7@D?=B@>CA5<5=?F?D6;@8>A8@;;9H@<>E:?93?=<8/<@A:><@;A-/GB8?E?0;8:;??>::>)>>3A0?=@;CKG@=><>9BC;;@?B<,;;>G@>C124A5::+C:>@3.=3:?D8M8:=>=6GA1;A8@F;-<@@??ID6@@>K???9<9AE<=@@B(D9BA39D>84>@21:B;H94;:1<>ADDC<98F"95BE:G79E9;CDCGA-CA99:E;DCD:E@D9<4,7FFJ3;+D9JCE;0?;>ACG5BE>76D<;BFBA*<;><<8<1>>>B,ACE09/B9>?1D@8?AABBIF=HE=:?D<9D;=GEG@8;326>BA4@A5F;7>D8?A>BED>BA5;1=L:BB7C9G>8:<>B37DD>J:@BE;3@EE;<=CA<2J=D9>@<73A5;BB;:A;A77@846B8=@G/?F8:;?8<7@=@C<9A>E2?A?>AED8DD?@A<<>??BA9F?C:>AD=5A?>=(2:D3A5;==<@::>>1:E>44?@<=;>C>@B:??1C9C=,2:>5=DCFEF43PCD@A?E@DE5@AD?=D97:E>:PEF?>B@<=D?DAFAB??:6B>EG71;BC@B:H>>CA5@S5@<<1B@@FH3F7H:D>:;GBE;I@-9><8B=>EHG:?:AB9EDFDAAC7D?C8;?5LAAF@8@B3>B@<;JE8BA6'QGD:I=MAEHI:FGCA75EDJCF@AO1HFFF:>D;>F<@I?FEHAH38BB@IC>EJHgYAPTCYA=B=G2EEI?EMHGE7HCK@D;F[LBQJBKEUEBN8RI;IAGPJ[KL8FDFC:C:ISLSE@=LT=?IQBKPE;A)CDSFEB?\O:LDI?K^FFS;>8ECFD>BMGAI:3?D?CD8B@>@G?DCN?=I:E?F;SF@@BHF>HITCKIEQAKNSUb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dh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ƒaiHCGEXHC5A8EEJ9DGLKML:F@XAJBB@EBOCFBFFEIF@HH;NP@KGELCIK;F\]@ME:BC7A@C=88>AB>D@D<3BC@ODI>@?L>NJ>EKIL>EIPMQ@@KJM@C>BBEOIFC<;l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cžy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i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dGM>WNAFGCXQ@[LAJ[MBDPSJGDCG@;>6@E?8CBBBD??5J@8EJAM@FIIDCHCJNCANRAAFK3BEKJFCKDPJJM_KDDI=4XJKBE>ACE>:BL3F>EU=E;F@C?FDFA8AEI@9@EHJ3@TH>>C2D?)>=?e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r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eLBFI=R<4QMFLEGCIJVBBDJA:IDJBBMHFDNNMAGOKD>CAJKLFKA4BQ`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c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c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f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jLA1?JOUFjVEBYWO@NLHMHIH9TAHC;:B6@2CC:6<98>:DAGECKEBE>8IFF5MKA?IDE=6GF?>A;LCD9=?>7*AB;IBJ9H>@AD?E;>77:=LD9D?@>F?>J)EL::9EDG9B=DB>@CNB77I@A>G>GC;AA?AC7AB6EFHF=AF6C@AFD:9D;=:BC6F=8C9F>6=AF=B:+B?B<@@AE6,(G@?F1F?FHEC?D9DA>@E3G?DEC@C@8>@2>:F3@ACBA@H:?D=@49BCKIHFB;A<6E7AC@>C>:<@A>H;:;AE;>78@=C3A6:B<@@CBG>?5;?@??L77IC6D7C3;DAC>=@::E3:9DIMKC@/8<3;@DADK?G=8AF3>?E>4D<<8ACAI<>G;BD:>:9B>=J?HG>>=A>CB@;;C;A;/9:@FFAB=1?B>8DF/CC:6D3?A44DD;8>BB=>H=>E;6B<:919?@A@E@>D@6GF?@DBG=F>?DF4?@<@A2DE9;>@46EB;@8D+GE?44G:AABHB<;@A?BGA>A==EB7<+CEAA4??;=;:BA??IFI@=C<6?86@9C9H?DBFC27@B196C;3=HH8E8DAAC:A1=49F;MA?CBFB?C?C>BA:>=AHBAHBLEB=B?4B>>K5@H;=.@I0EC;@?,9<1GA89?C8:66;G6@=7@>>?@A@F@>3-<>1.9;>BA;CD=:5;50:<;@=CCC88E>@@:DA><=?>;BO8=BJBGB;3NK:CB@MB6G563JHB>CB>H@GD?>>8>EFCAB>EDC@GBFECDECDH6EB>KPY9AENI>E>GCC>EJF8JBED>9JUMF;F=ILIKILK9K9FIE=PI8FOR=@GI:JL>OLBF9BCJ<9F9G8@;EIH8>C;8?>RLA<>6=DF5RRC4FC=:KY>/BMI9;AA>E@/?FHJE8=A;FI>ID>DDDBBCD@G=B>5>;8FA(8=@??CEAG88>;C@?F?J:EB?B3=>N5I@5:?2;;G@L:978?@9@AEDFD@?BDHFAALJ4@ADJ>9B>87D:F?8/C>AHBJ@BHEKCE>:A@C@;;<7C>7>@3?@;D??=::@>?C@8L>F;BCD-@>8=9DE<:@>FDB7BAJEC;71=A1>@F9A=>B?@CB2JA980=CBEA@<59?I;;AI>=:;@H@7@?GIAC@9DD?ACA2B<<8=IF@:5E;D3JA?B:6CC;0?A46F5>F;95=L@?@@@9>:<;>B<5C3H0=@BC?83;E8K?>=2E70E@9>CCBB;4L:>?>7C(A@=@;B=8F=91A;6D>E9=B;>?=?8:9@5@;@7=;<;?EG;CH@5@E<;G<4?@CC4=:@90KB/8>G?G;<7;@9?5:97?3=B>C89=D5??B@0;@?F?=08DA=>C8CF49B3-@D0?DE=7>9I$>894:3C@AD<0HD@:;DE?@9F?:@G3>AA;=?J7C8A:8BDEHGAD:=A9A?B:7BAH?CDA;CC:@A?D;D;I3GD?FEE=6B2D?B>;:IHCGBJ>@?A?BB@9>;C?BDC=@A:E@B@>@H=AA8@BHF87EDC836IB@7CIDFECDDA:F0=?DB6@E6C>FGJ@<8>@@?BBECI?EC?=S;?FB>EDBF?A:<;=HFE@=:DFD<=.B10BE=AA<4D7E;?CEF@?CFK<*GD48G8@;8BD>=G=?FG?C75DCFGAE>A>@A38D?DA@AE@@D99B;GDN5CDD@CC?KK@FJ3CG88MHML7329>NAB:?6IA@==>HKAB:A@2@B?>@KC@KCFBMM9J>HEF4@5C80<:EBA@AABA?E4HB??FE:><?HBK@A?8AJGICCIKKE???AJDFBDEEEBOME@76B>FBLJI7]QOHKEBLTUUCD;I@CEDFJ:GN:G<HKPM3IMIO;FBNCD:>H=BACGR?EFDQOJK=GNNFE;ACUH@@>A:GRJJDMRRS@=;FE9HKRRKJM7CLJKBDKGSHACGER@FICYKBTG4BEOMWH?AOJ9K=FCHD;SLODGFLKGDACFKGDCAKHFB@8?KCHA;=>C=NC@8T:>F;4F>>A??4CG:E6>H@BM?@JG>=>D>AEAE??CCA;A8D=CC4E?D6?IAB6=L=@@4EKCM95G.FH>H=DBD>=L:BFJBE7KEIE9AC@G9GDE7>J??EE9>8ND@H=@87O@8CCA5B@BCLL>H.:BALB;EGEC6BDAH==D>@B6<>BDCDE>>A@?>BH:9/H:LD>B>AJI96?4A=A:@@)7==BC@@?2BK;L=?B54FC9C9I<0>::DA69E8@M2;7E@:C>@><77?648;C>D2C=FDAF6>@;;B68G;8;B63?A6E7.=?A>C;D>+B?7CC D5?466>C5AEA;@@@?==:?7B:CD;BE=GB=CBC=<=F=>=C@?CJC>BBC;9GC8@@C=<9A@6A6C8B<91?3?6=A8;>6DA=H@D=BB;8><>=F6=A9;E6:;ACA+7?97=AC;12:C7B>?K>C<;=7B;:'@GD2G67>F91@3G;15G==E:9;AFDD:9D>D@E?>5C=;A9@81A4;H4=AC>;;@DCC9?7@:E9FDC>C6B899G5>J<<>8I40@7=@B2;<;D@>?B7=B?>;8@ABCBCGICE@9LEA>=D=39=>3BAK8C?:G??A0B?CAIF;F?B4??H?K@=CA>@F?7>1G6AC>:88A<@<6;B@A?<@=D8@J>E>6;=E6H4?><=E>9399@JD@86G@4>FE=5E4H@HJ&C;GEB?<:NF;J7H?P=>@9AB7@<4789?=CB9?=HIH;>:CD=88O5=??@=F=E89@?B,<@I:@K?FDF;;@?AAD:C=G0CFB?L;=GTD8ELEH>JD@@=AB?IIGFGG?7:@M>DB=HAEF=>D=AIOQ?>H;JLEJ:IC:ABMEAAMGB@BIE?EGOEEC9F7YI>=LGBK9DGCADQFFQA:MPB>B;>JC:OBLH@GEBD:>P=EHJM6MPKFGLKMSFCHGH9G9FQNNAHLKBA4AB?>:GH>HHE>99BEID>OEBQHB=MIEQFFJDG?KHUHMQVJZKJLC[NGPA>BMHX:6=BM>EF@@@GOCKBFFADLHFI?>>FD>@?HGQDHGI37INDAH5>H7DIAFCEEH?@EA1NEGNCB6H6HLD>9??KAGENFIA5D6<=:AH@4NE@BBA=L@CDF6BBGH@K7A?K;AF?@I>E>B?@7H7B@FBBG<85=BCHC->CG>79L?><>DB0JC7AC=B1BD@>@IBG@57BBHBE42E2>E2L>FBBAB0=38>?@HN18E5?BCA8=F<8>3=@4;B:K8FK?=5?C7M:GE0>>9H;=?I;A?FB8+?2@CMFC;:>H?>@?>H?;6AAD7=K>A9=CI,<=CHD?=75EC<;4A6BBJ@<@9DH?K?FAAF2F:=>>:?G>7AB>B?F6@@ADB;3E;C2@E?-CG586>D9BBBFFDC:=FHEB?FG<8AGG@=C8JCG>:E=C;B+@9E>AB;G=<;D:GJA>A?95?DE9A:39E?@@AID55CGB7BB:J>>=7??C>>@G?FEA?@=F>>GJBDGCB?7?./??>DAA84FB>F9H=66:CD<?=EB?1=:@39?>5>F6>>:;879>@AAE?:B6B4AD3B:CG><3/8;>;<:5?24<;AB6F:><>>;F<79E:GBD8AHAE74@>C?K>C@2HB;=:?DHA7K:C=4:=87?@J:GCBE@F>+@B8BE(<;E9,@CD6IBB;?4=A@C0>CA:D:CA7;M?DI?B55E>;=??;AC=BJ?<7?G54=>BMH>-D=>EB?A@BFG<>H?61A;B@AE3'C?BC@=@B>B=<:@A(BHADF?F>@F7@A@7BDC:7@=HCFH>:?C<:95@?CH>FE:JCDABAC@C@W<.:>?6CA?ICC@?@F7G>B>>BBHLBE:HED>A7G7CEEK>B9A;>9E?4FA8I==EA7A8D>>@D=AE/@E>=B0>?4H7FB@HGED?ABBCFJB7HG=:E8CECEBJ8KC<9CN9>ODJKNEIIOOL<@KC@GEGLJQH?LCEN?@K;I@CDF>;BVLL=9BKCGKB@?>:BEQICNECGGJGDB,ISCH?:F5DZROIUS\BCXICLNe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bV7GNFDQIE2F>FNLOFDSJOFLCD7G\Bn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a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eCE@7JB@DCGBA@DHL@?FBHL?CD9BD;FF>AKBGI;M@C@DLGHFLVMCGG?EEPH?F>K:CLGB66GC@X7K;F@GH6SJ?@IQDCGML.?>7BB@:GE:NJK5,@FCGZQOKKG8:FIE@CBFMB5HI9MB??G@WWF>5J;1=FF>/;BEHG@IKENW?LADB;HK6QMDKJRDCFF>CFET:YDTNH@>DM?YJPKMBIMG\JS:N>]JWDHJAUFO?NM[ZKLM;CEDHS?BLIMSF@L@CMZOWGGL@CC5>EBCD?:=?>2DB@E29A?=BBH,=G=FG@:?E@?B>45;@@N-?E9;8EF<>496DL?58@F<>?N;B;=6)?:=<<=::@0=CC3@>D9A>D=AJ;,BBE@AD7F;8?2DBIG@B;659<;=>.LHE?9B=[CBP8A4ACF?I>38?9?D=,.<8A@.9/>*2:ME.C><6=>?A;?A@@CA87?L=?A<>?D8>C@A<@@A?=DK6>:>>@;FL?B>DV8>4G9:A@G>?G;86CH;CCHA9G7>=?WB?E<3J=C8/:ED8B>;3@7@;?BB9;4I;6B957AEA4<=?@I>A:8CA4><>A>>=7A+B6>?7?7=5:H17D;ED.;B>7.;7F>AC=9?;C7C?5;F?=>5:>:<9D6:.=7B?E@:957?>?<-I?@6+?D9E>?4=MA?@>1GE<):8ACB@A/6===;AC:5BA@>A7?5<6=A:@/;CFEE5D?=2D?=BDE&@97;;92DA97B:CD9??=85DC=8I?@D:F@DBE=>5=EC7?E:G0:9;>>;9B@G*9928DD@5?A@:C5CAEB@H@;;9=7?6CG9AD=F4;AF88=E=D=6===?<3D;77::E@24<;@3:;>9A%;>B5=9;6F8/6?;C;D=FDCCG8<;/D=7@@=GB;:@6G68.A?EC=A@73H<6?6BA6/::?H<:;CC:E@B?B@7?>E@<=6?C?C>::<>FCFFB;@7BB:F7?@I7DAF9?8BB@>7D>==;7GB;A;F@@:A:?;E8=4I>;7@??=H9A==;:FECFC?IE3G@9Q<:=;8G:5>:==D=;9:@A8FE>8;BE@9BB:CJ1C?9>91@C87@A9OIB=?->B?GH?@?8:;7DA:D6=D==>=D>G8CA<7&;=4@67?FCF99@8E.M5C?E@=;7;E9:?;<8B61@4KA2A6F>C=@:?EC;8ABHAAFO7HF9DCDA>F4@HB7D=>AB?;=8@DA<3B?D?;BC9FD9@3<9@B4A2D?;>A;;<,>C4L;F-=DC<>K@>FGHF;6:>D<@=@GIGBH6ECMD<=AEA=FADJGDRJCD7@>=@J:A62<>A>EACCHQGCAZI?=?EE>F?BEM6EA9:C9FI?@LGAED7GHCBE@B0GFCIJE?KGLO1=G?EFK=EEHGA>GLEKLVLGEIKWPDSG:CNE9@FLLCIUDFEB;DIPCEHLTX@IUEJGALHM<>FFE:H?@EINP;CEMFBD=IJHADF=>?MQE992ABFK?9BGD@F2G?DHMP9E;EIL?PFD?@>:EHGRMAI<>JHAFIJUILAEJGMG9C1RK;@NOGE@A<@JQFJKFQ9?MC6UIKF1:C?E?FIODITBAQ88::GMKA@COKGEDD,@HD;FI55FA?@>AA<9L=H<@==H6GBCH7FH9:@@56=8*AC=G+9,:;8>C=78BDA:>CK=B99CH@D>@;IJ91@:5;A8G;;B@@=;9.AF=9CC@DI=8F;?>B<2?A>:;CFAB>9@7>@@>70A;C=<9673K5;D>42A;3@<A9H?@<6GD>3?:?;?A=E8@A9==*A@<>6B@?@>8A=A8DF@8?K==>C?G=8EF:9H?E8<78AA>>4A8824>AA@>=C>=DD?I;@B:D7A%D88H@F?1;FD;:G0CB><::D9BAF>7DD?C>9>93=CBB,4@/.C>=74B8B3@B:?B3@<:2/?A<94?A;;8@;(CB91FA>7@595>>;?9+<@FG@DFA,A>@>=:;C3:8?E?=?GM>F9?>@;E<>>3:A@@9I;?H:D8:A@6;5>9E'=<:6D8>68:1A>BA7=;D7C>281A?@>577C>9BAA1468B?3@;;@CI3BCFB?DD=?=7B:58@B1@H>9?EH:5A/:?AC?=?:66EA9?D=C>?:C2:?4@9>6DG17@8G@:DF@F2D<<@F4DA=@:B?9><=>>A>;@7FBE>HCD8FFBAC<8=3=B7@D4?BAC=A3?B?DD@J;@C;7=BB8;D8>=5A@7=;=/?;6A85@=;:C=7AG<>CA?=>37?AF7B>@AB6A>E>99C5E1CC6G5@;;C3AECD6B=CB99B:E?@B=;A:;C4F:=@4E?>FA:>H?E;<>E?86*@=4A;=A>;-;=ACA7/D>AE:7?J7(BAB1N>9:91:9;DB5>=C?9AABC>CEC:=9AA7D8?81=BGB<<336DHDIBC<7D89+;7E;@62;CCA=?K@@BC>;CB==9G898AEH3197G8@9I;F<>=IC8C@@A88=@CEN?E@@>=??5GHB>K>E;BGH9A;:FF5HB>JGKHB855=JR>@L>ADE@@@>C>F@F@?B?<9F?ECF6:E;EIND>@G>:=VDKYQH7:S=Q@IDLMLT@CA=OABGQ6JTUOAEMCDIZ=PCMNNIXQ?H?ONOAT=MM>OKFD4?GDL9CF?CVG4IGG:E8CCPA>MJADL:JCSLPUVCBRy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mHMIQQAQ@MCACOHKHCCJ=;AG:XD=9NRD@AQICb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g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i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lXE@RL;AL@?HE[TOKNSBBHQHE\DWYLLSFXG@RJG=NIBDANCJEPIDOGTD@9BIC:AB8FC>5DFETJ?F2BCB;TBF=C@<5EJ1==/=B>3>>CJGBEA??A'KE1=E=/D@DCND;=G@B8:4ED;A8?<@PNE5EB)==@OB=6BD=EFBHC?>I>59AM5;2@068PB3K:>5KDEA=@:7A@ED/B@;C@C<,:9@?C=7?A:?;GA?DE>>B9<:;FD<@=C@??:EF?1BC>:EC9>?@6JAB@CC=CA0=C@>>8>G9FB3C;;>@>B=<92=?6<98:?9CGI@?>D::5BE=A=,A?H<=BALD-A>FBHB2BE2BC:9DB<=;:BC9:F<@I;;+?D39E;H>H>E?=A@;>=7>@E<=7=AB6@?FBD;=BCDB<>A>@CC4F;@DCEF@8;ACB6:C8;7;9E>@=H7=A4AF.>08A@>8C8>?@ECC?A5;?B+;.?@5D5AD;CH3G?E?;<<77AB,C?I/BCF==C7;:G:B76A:;G3D5D??4E:D=<>B?@I??C=9@8=->C8;<9AA;?>9I@A799?8GD5A9=F>ABF=>:F098=EB8F?A;?@C8DACDOLA5>D;DB44G;C@>B5<7;?=88;6D<A:B915E:>DAA9@C?<6BA6?:3HD@:6AB6?;D@80B=95A4D>?H:F>?=AA>>;7;@4:;FA:?6D>BC:98=>>6<07B>7G?7522BB8>5F:;4BB@:8B06E@;8=@?H=;5115%0;7A2;?63I<:C>9M>D@B318@DBC>7+CE0D935C:=EAB7AI0;56C:585?<=E>B9.B=C5D<7>J9@,<46A<0<>@=F@<7=B4:BECC9BEA4=DC2HBA9?IB04@K@GH4HFBDCGD;:D@AD:B>>?EFDJ?A>C>@@6>?CA?=G@9L>?HBDFABM;DF?72BEKCD@@KDAJSJ>K=EFB@C55B88EL7=4?(M??@F@AGDAGAJ97DDJ+BAAH8MKDHABAE>BFH@CJA2;I:>@>QEBAAE>I;7E=EDCHBK@E@FA5TAN-89:JNQ72BFKRQ_JFE@?C&8UVEHO?NXIMPNH8F=BMF4BQF@LCMG:H\EE/ID:ECGI?G;KE@=JC=C18:B==D;J:<3@BGAJEEGB??D?=7<>.7.9E<@BA8<>=AI@>BBB?58A8D7C<@6@H>>@H7C@A@A=B8BC4EHC7=4B5<;F329CC?C@50E:4:A%3E=CD9DL>=D;E7B/<5;;=AJAB79;A>FC<75<2;GB6CBA<6'@:AB8=;/BF94CCA66>CD<4C?B@<6CC;B?D@;1?F??L;;848;F?69;A9@B;EFD3D@F@=>GG>@5@AA4FG;1E>E8DE@OF=@>=>21B?3::9AEI;8;?EK61D2A9C@@B:JBCF>8D6D;=9-9FFCAA:9B;9?B:6IA:?FA9>C8E::8A3DCJ?;8/;C@C3>89>:=?5=C/4@3267EA@F65A:6H?886B>2AECD=DG9@7AA#D@>:;?B=7@C?A@DA=46FB6;=34C?D;1;>>K@?G@>?EA:@0C5DAI<=:FBJ?>@;D;C5FB@?+<9E;?;@@AA@2;>7CBBF=5;>=;2G<;E96>369;;>BB4>@-?<>>:=AD6=DAAB;A=E;6?D?B7@B@=CAI4:I>?J?=CIB@C;D?D?0H2B60<;:B7=>?=>>FF79F?0C:CB;A?E@7BE>?7EFB?:?CD=:C:?@F<;7A;>F4@61;,G?<;>=@7:00E39D8ACGC?B=7BE;@@*6??5?=AJ>CB4<@?@:>-AB9AD/CB9<=E38/FA0EB5B7;F3=<87D?5B<:;??1;535>36?=<5@?AHEFF=D??B???GC?:@9757879A>A:BC<7F/A3?DA=A+@GH?AIG=-8/GCF>F:;FA8>5B8BABE<CIFB7G<@2B4EDEA<<69F:ECC>68CA>EPE7BBMRNF?9?7FECCIP;LF@JJSHF64IEGMEMA5=AAFC@@C6@FJ5KNCA@HJOHIJA@EE@H@OECGJMINZM4MMPGPDONSK6A4??NFNGF3C@L?NMGFOACEEB<\JPKV;@?BF4JILLM8UPC\IYFZOAAN@KOJLBFGPNNJCCFXJFQe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p;9AH5DKIF?2=EK@JE@KJCEHBFMMG=98*ABCX7C=:@BFNC?DL@4:CAL>?6F<:@?6;C>>*=D;LA0CA9EB?E@GEA;@BH>=@H:K675DDL;56AA8GA:B09?>C=>5G;5?I=D0D/;c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bP@BZH7NE4JLKNJ>AB:@G>D8G>H8CD;AKEYC@FPFI1MJCIMBA491GHSGFC;TBD=>ODXTSAJEAM?=CJGD=GUL>NDLCLYKDJLGDWGDMEDCND?RLE4NTE@L\?E>BFPTSFH@GEECPR7JNJOFDXRQLDFRVDVBL-IEDODUI7@JPFC@E`QEN>BSEJDC9E8/MLB:L

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e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h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`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{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b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kAJSC7COJJAE?C?@@>EL@OJGDP>DJ8LHEPMRJBBLABKEOB6LFKALQJXAECKC@>JIUNGGPJKAU@CTN?IN?KSCIQQ;:HKL=EDDB56SEHGGMHLF@OM3FYJIDTMJDKEAA=:NLOL@=EPEJOUF=EIN`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tb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`PC=FOL>A9L5IJAND:SLHBLEA:=GPE=:HED.C6?JINHJWQHGGQQKBXQIHBL<9HFE=5EEKLCUIGC3GFBC7EE@?GIBMDd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›·õm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qx§¦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a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`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aH9BOLOJLQEIEOSM=DBLOIHHRFXGDKCI=?9DLCFOA=QB@RL4H>SSHG;9KF@k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e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a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m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n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c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b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a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c`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mŒ\LBHIP>FDC=8E8;@>C=E?G=AHEAA18>4D?D=O9EFFI;;5A<<=?@?.>DB@=HC=CF@LE9>BB?E@79D??<>G71KHB9D?EKH;>B?H?GE=GNACDR@DE?DMDGLGCI>HLCAFGKDNIFDGBMKC9L?POYOGQOBOMB:H7QUFVPKALBLbFEIGDZO?HGKRPGDFF:XGJK=NI>?J:G=fVEDTSMHCDTPTJFR=TK=ESHF;:KGPPIIN@AFD5CNC?BOMEAGAKK>GCPR>_ENKKUPODI;PBUAOKBD6HKKGK>CGH;SD\KJIBPOOEEVb@N5>>ZTALBHGNMFXPFD_F?TO?DRFNDJMQMID>?EIPKBAEEE?HEC]D9/6DD+C;HCIIHCLNA?;D?6CBAEL4H=ES@8@DADCEDDDE5;4QB,Q=0@)H:F@<=D9BFD2BE754=:39@B,4;89B9E?8=?CD@E5/+=9C?=B7>D>>3G0/:?8:CD245>EG7A7B86B><6><>G=?29>E<;<9=0HFC6@4>=6?2=5<<6;B81EBKI36I>4609C9EI>E:>?H2;>H/>A3B;F?6?D;?@B9;;HB=M0=D=;::=D;2;959:C67-;B3B47>A=L17B>A=B@7;9E=?G>>@990H:96E<:8>=:B>E82@AA.:1;2=A58@;;'B@>8AQA=>@=A-<89BK944A?4@97G';6<<8@FA<36=QC+F95H2?;N??>>GAA78>@AD@=7C1;82?BG22B4;/8:3<9><9@:<8@@B<-BDB5=@;:AC??CC9@;D??E8:8=F2BB31@@>?;4628A:CB<.5?=C5C?=@C;<:A:8GA9>C:6GC2B=F@:-;BAB=@245;CG=?=E@@>?D?;7A=7;?D>;>;:?EF@:?A><9CAAF=@GA9AA>9@@<>9@A4>:>K@C>@9:?@ID@A@8>:>IBF5DHBF@DB?F=<:FGA>:B<=?G=:@2M7CDB=ACFB:B@L@5>*A=4>9CB>A16H@9<7?8=65:A@>HG/A2;=9;@48=CA56>AB=7E@@GF7<;C>D:>?J9E?DADCDA63>B7BC?C8L=E??/@9>2?AL>:?@CE?8<=8B;K5:>JFA3;7;>ED>@M;?<=I5BFO?>@=6EB8SICOGHHJKBCBB@DEJHJWKOJMDOQI7AZJRAIGH@AAJHFLJF9??K=BH^;>>HHOJEOCN?GGRBGQRB=9L=EOFAKRWO:LZGSFSTL]N8OSXHFCZIHOJ:?>FKHNZJMIKKM:TU9:KPSCDED@EICBPTJ^>:FJI>>:E7G@HNGFAL;PIC?FIG2LEM@]IIE+ICB=?4:CA?B:IFF4GBA+?@D>G>MBBH=9>CEB@4E7J:FA@C=5???J2?DE8@JD8;ACDA01=?7;?943?;8C9<9@A???=69<;D@;@L>@>D8@F5538C.@EF;5?,CCCC:EC7@G;=H??;D?;B:;@FBA3AC=C(38CB?64?H;@FG?9A;AGE;=9:0ADG4-H3E;4'ADDH7:B>77/;=-O3A<@;);6.5:9C9DAE<827D/:2IJ;<25FJE==AA863:>C=:>9*:<=7;A=@<58@A>B>->?>6AD=B>>E::+3)@1?>B35>F48>5=?A=FDA=C/99@A6/@I@B/A9B7H@I@9C95HD;C,BC;?BB@B7589IC:B#68B8;A1>G<>@:9:9=:C>>B,B>DDE?34=@99219>F9:4;;G2DF7?>D@>F?A8C@AGC=?,8?=@@>D>-?>1A:>A@A.8CB<5>40C7>)1;C;@<=6B<@:<;:=<>@7/?D=>890=903=BAAE?ACGCD>?B@8:@3=@@;=;<5?>44>D?D>B<7?B97B9?9<=FAFDA>7<>BD9?8F:KDCCCH=EA=;;?=C6:E3ABKDHGF<>>AC<>JMF=;??>>EC5AF@?@E?ICBAB:F=J@@77:?>I@A=;4AG@@:>CABE=DFE=F=D;1DDDBC1=E@BAC=A>FA=<;E;?EEH=;@GAA?:A;@2@8CABD@>;?>D3?;6<>B?A@BFJ(8B;G46=42;78B86;66*A7F@@;07C:;A@646DD=B56:A?87EB6;;4=76;;A1CE>>?B=9>EA;=D?B?E=BA?C@J;;>@>>68@G<@@C=HCB=;C@BEGG>CAB2SJI;H@;C86A=B;DJ@:9E2C/.H?9;LGE>J@ICHD=?D?7AA1AHC@48E/A;9B2>86KD9DDXnÿÿÿÿÿš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¬ÿÿÿÿÿÿqHXRBAGGHCHL@DDCH?KCEIA9KEEE@CP@>=CBN=DC7R=F:I6DF8D?E=EN/CNEBJMCNCCGD9OAPL8C]B@OMLGNJEE@FL7JIJMHBERIOREMEIGFHBHWIGHEZ@LFKSQ=A0BHI@9KCVI:>J>FDFBCD9LH-IJJGBGKCAOH:PJINQDNI6@b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ûÿò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d¤~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`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i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`JIS;UIJIJ=IBG8R=C3IT8JKKMQDIFFD:GW>ISBEKCKF2JMCKAJ@BO;;=DBBCE?2ADB88B@6>?>9K:+-4<45>@LJ=EAA<=F6=DBA?7A6>>=/55D<6@F0:=@959D??BDA83=E:=N3:E@HE>>==FFF/BAB@@@F62B7??9A5E>HAG>EF@:66>)??.7>8@4AD85=FFDC<7=>H?D=B7==<09EF)A7CB@=4A:5B<@:=A>6?69$=4D45;?65@A><:C??@=BJ@6DI=7D?:?<=/=BECE:<DB@F4?;E?7=8?>5>;AD>6;J0E1;<0<@><6@8DD>;E<>>:>D?8>AC?G7EFFD3:9:<=3BBD;8B4>G2D5769==C>A:F=9>F<606AHCEC=BE20AA1>ACCA>9=B>AG<8'./E<<@7@E687?D78<8E@9:A?D><6BAEA9?@;@F5@B?J<7/7B=+FD9E9?IEH9;:8?@B?9A=5@J@4=KB5CD1=@93@<;?GA<4><@5>>>;5@=BE:>>E;C6B<2=9@N<:6@>GDCA?EM.@6CBE7BBB=D=;97<:=<@AG:I@@A@B;B:A9EE6CC=BD?A7C=GBGG?.:B;C=B=9F:?DHCCCH<9EDHF>AB>?>@CA?B=DFB:@F=@8C;=GD@C;=>F2><6?D;=>:,A@@=>CBF;D@69B;=J=CAFCC>A:=B;CEC=A9DADA><84B9C<;>=EEF6>A:4;>H<<@:4@B>6C@3?CHCF=CBA;:@B@K?DB74?EBDB4A>FE<>B9@E4:DCG73@>KM?E?>F?1FB=6DMF<@54H7LI92I>B4F74;@?CN>1ABAF?C?C;EI>D@27AD:??>I=BAJ9BCJ>>D=B>C@K@HLG@:5CAC<;???HEB8@8@KB:BD5FNBBAF=ILAI@E@?AK=I=9;;C?GJ7:CNGBBBBKB;F9BBI/8L9E@AJDEJ>@HJL;8RO;7M@JHC75B=>@JF=C6LK;NBA37KGF@=@OFE?GAFDKGH.DE7IJJ5>FCL:?=KCF<@EKHJNKH@BIE8I@;;EJEJRE9GIGBQ@D?COEEAHH=A>NH7B@F4I@BEGJGD>BGMGb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ÿ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nfk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‰cƒwƒ®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mzƒˆ®§ ƒ|Žd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pFD@:X8MA?=FFOI@PMBDDCFIMIPHC7L>AAGBNABQIML7:IG@>I8BGC@@D5>6C;3?>@EBEA>3C@97C1D==A?CI5AD8B=A?FD@ACBE;>B2DB&B&5=IC?8EGD>D<99>B@/??;1==B;?DC??1G?;5>62?>BDF6C3=?CA3IG@@>9B,C@'=A5>95D4A?;3B:<=9@<@:?/90<8E5>E?B@AB>@@8@IB7>B?B4C@6=K65D?JG4?DL9DGGA>?=D:0D<3@6>1>BEP@D,D?>3<:>@BB;B=.D?<1,E>>CC:B?<2C9:<9>GBA:B;EA>B>5=AH@:4=GD,??966=;AAF9F@<1<7==6?:230?858::<=Fs…ŒÓç¡žŠ€’fq?E3<@?@@;44==A@46>CA9A3:<>:85A;?=JE*=B=?G97???A=?D8;>>>>:?BC=>@B?==BB?AAE>66DCAEFA?BC0D=?::9A?>@=@@?BGJ<6;@F;C7<:=A9GF>BIA<;=F@3D;:;EF2FH=E8=A5@DD9:70C9F<>?>@@D2E>HE@5D=,C299:?AJ9B=B6=:=7F7?E4E@=?F;=@D7>5BFE<;;<>>==>;2A?=>@<@6;ID;>BF>>D=-A?FAE7@?A>=@7E@A2??88C?:E?AD>;@E5DH7>8B?E;C9DHB9>>JAF>B9ACCD>@@><@A@E:?>8EF?D@ABE,CDFHDD7GHAA?HHA9?:9@:EDB@E;>;@<4BC>E<>D8=4=E=:C=E@@E?AE:>>EIDB>>E@>F8FE??AF>EIG>A>?=AGECG=B;GBIBH-5FD9NHG:EC55@>?H?:D=?>@CACA?C;=DD?@A>8FCDH4E.ED;GDL39;DAAFF@>>>F2?=E=<:JF=89C>B;@3A>CFDCAKGAJEEBK2>>:M?GE:?AAJBOF:?FGAHJ9?@E??5GBIC?>CHA6CDHE@9K?@HJC8CJBA9?BID>C@4;MO@@6CA6D1BALFGBIMKTBAGCLCLLQA?B5RC?BH:EMCI>E/DKFLNHHQ<@FDK>2CIG>=G?3B?G?C=IEHGEJH;A0HKTKG@LBDF9DB>;BE?@?E:@B:B@>A;GDG=C?5??B0DF.B.AOCF?F8GEC>H<8EC8FBJ>9@@DA9;8N8<62D9;2=2>;<::8@8?C4?5@GJ57A>;?HJ=A4F<;?D?<<>5A=0*H=0*@.C/=ED<>G<@?BDD5B:BB<:>AD<1CDD6F<<<=2AFCJE@;JD:76>B=CD?3JICF;G@<=>L=D5HE=AEF?F5>9E9C=>H>F@A=3BDH3@D78H:C=@J?4>*BGA>J97,F:@8;CA@;@=A@@A>8GC:HAC@=;FD9,+?<>9C@2>5CA=3@A?<5B>9;>7;/2?A@;GB>B>0?D7A>@A1C?A<=A8DK<><;8A:A7::>@@@:<A?=>@<69EF;;C<9?A?DE==E;@9<9C/08??G>@;9::?<:>D999=;=;6>?EC>9CDAFE>9:DCDC>;49D48E@;A=F5E>;GC1CF8D:;@BJ3D;=:?7BD?D=1;:A?K>:BEF8GBB=A3.@:J=9C@6FC:6AD=GCI?G9=5@A:AB@?ED:C<@;>=E@DK=I<:>ACIIC;@>8<8:>B>E@?C@;BG@D@A70<7>?>:ABI:@>@9B*J:@>B?G38>EEJ?GFA@J=DEB><>@??>BG?CDAAD>JI@CE;?G3E;@>CE@=G?D5DCIECE@D<.>@GB;CQGEBCF1;7AF=?BF?H@I=AJ@DD>>C?AF>ELC:<;J6GJEE=D:DABF6?OH>1G?BH8JE:BI@EEL@6=BP?AEA?7C><;B=@?5@BAD7A?;AE;97<@G>>H7G=C@5@B3>G6C@;H7@>IB;BHG@6D7DC:B7KB@B@MGIT?=FCHUKKKBLG99CFJ@AI6C@SQB5NIEHOORVICGIDDPEAENPDDJLHBM4CCR?CICAL@G2FGMFBEWRJ@AGMEE@BBEOJ==KUALBNFMB]S\7JN;?JC>=KJF:HI7IRLC7T5;CCFIM;FGJKICAHMRQ;6OEBCBH8BFHCA'<*6E849A>)HG<;@PA=<7F97?;?N:D?FA=98BABID=CG0:.=:?@5<;,?A@EED.9@>0/;C9@AD@@9D>C=<>E=9HFBFBC@AMK=AB:E@78FE;CF7@=JBC5==7F=>>>B>?BD7N?>B;?DG?BD>G3@I@ACC667AE?7CAAHFAG4:/?I@K>4;BBE=;?=8JF6<=9C>:HB9@.@;;7=;?G?7>B>?4?A;=AEE8?>56;;;(IE?D?ACCD@BA<=CA@ENBA>;:FI:L>=@;NL9FD<>:B@A><:@HBI=A17D9FA:7=C=E@.BV^}Ÿ“eui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ùÿr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eÿÿÿÿ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sx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k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q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b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t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e\b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g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`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bALGIC9LHS:FA4OBSDPEEACG3:9DI2?=>?0GGIC`9FAC9B51@FCF.;ECA:>E?G?0CD>A-DD'8:@G69;M*J@6?:3?6BD1CF@=;=9;@+>B@A>:B;@<=>7?<@/C3<19J=7>E?>:B:>OIA>IF6A>7I9;6FI::B6C@E5HD7:9C/BB=4.@CB4;:==C?0D3A;8?6@=;C/=A?=E=-AF;G7=8<<=J;J=ABB684=7HHAC0GM@79@A3:@I1;0AD1>:;<:HC:A.6BEC?H>;$BGF9-:;A@8=C@C??;F;8>>4<2ACD7AGBF?65>6C=8@?83;:9=5;C?C;??AFCG>67@E9EEA<3D1NA<>4:>HFGE?,E:EAC@H7475D<<<;3;>=ACI,EF>IAD?=AB<@=5G>E>D=C?>A2A7G?8<@@?AB>ACE.A6>/C76>C6D15>6<@>7>JBD2@BC423@@A@G;;>B>E/>:;F?A@<=8CHEEA:HLI@8B>FD0;G=>F7=@?9;IC@EB@CECA9A<8D13A5B@?F=8:3A9@?8?:<6;B;G=5>DB;A9<>AAC>E?8:?>6FEE76>D7D::=EAF::=D:0@B=EA:>BC51:E=@C/C4=/>7?58@A;5F@E>CFD;DK8:3><5;>?D.G@@H<.9882<6B954ABLF;CL8B>E>B9F?8HHA:?>E8A8=;FB)?H:@CD8=A9EIAA6:4@ECDG@KB78<;9F9B>ABJ:<;><8@G=B4?J@CK=B;=<>B=A@<>JI=9?C>E=CEE@FG=F7:;J:EBG=IMH?B==FA;F?=ABB4972I?>C<8DBG@=5@KE>>=B0DH8EGLFBF:GCCBAB?ME;IHIB?GI@B:BC@9@ED);KIC5MB@LE=;FL6G=F:<>J<>4L5G=A:KLCCE=3IE50GD2=9<@=AKC<<>DB>?CB<9@D>0D=B>>@FC:4D@4E.D?CI?BH89CCAG;AH4=>E>;QIK??B?8ADGDEIBJNDO9<@AQA>EE9GBB6F><>L;:>OJ;M=C1I@;D@PHN97@HGBIE>JD9GHK@JD?J@TJDHHGG=BGF@@D@6DHFI@@GNI4D?B;?>;?97FDIL=8<:@A0A@GLGGALK>@JF*CBC<@C>6BA>=E9J>HFD?E<4<<9@6*@A;C:BE2G7?98?8D<>:DABB+CH<>AC@FA;@EEF@CFBD5CQ<87KBA=O=B?A><@26H1CCKBC7?BG7@D6B8==B>>FH7702BGE'7E8=8CAC9KKG>1H;;@>=>1B2B6=;82IB?9=3@A;FBC4@3=E>>9D@>CED?B<3:;F;=?DCJD;A>?A?:DB?B:@<4D>9@=B;8@C=DCIF;@:?B>4A@CC7;>?@43>C>B9@=D=ABAB@A=:@;99?58B4>.AJ4878E5CF>D<=BD9?B3@BA7=;@?9F@=DD=;4;B:@EC@?49;0.@26D6?:B;:@@BDA-9L;ACC?B>6B><<;=84;,<>=@A;B=;AE9==C=;A5AA<EA>=H'=@>@@+:F?A=5E*:==.DB<5@8A<:;>=B;@@F7?>:A?;>?@9@8?G<:J>@>@G?C1CLB@=??;?==F<=BE@8;:@3J?@EC>F=)D48B<6E7@@K?5<=A?D7?9>A>F7BB>BA7EA;>1AB?=?6B:B?E9A,FC;=@=>E>;5@8@ABI:6AJ?D+HAE@D6@;@?AC:BCAFG;BB:CCA;FABC966HAA;FC7F82FB@>:D-E/F9>B@A%>F9;BD6>6EIA7C5D<1D8@>AIAGGH9:?=DB?C:?K/>;<>IC9DD8F2=E@0?EC7;=8A<>D@>A:;B5AABE@BJ6F<@%7??GGC3EAD89:C>6=:B@396D;DA:41;K229C>5B;:@@18?@DB;E;IB67<=78;:G99=F?6A9;>C05I9>5ECAF@BBD=B1777A:EE<;>;=BB=?=HE@>?=>B@?;E<=9BCD8I3A?GE@<6ABDDHEB??99B5:B;DAI:>BDDBDI;:@A?FD?@?BBD@?AGE4F8C4DCH>85H>=C9@5C9EB>C7;;C@@(7J=E6A3G@B@<<@8=>7=AB+E8=7E6C9=>B5ABD:8AE@?BICC=ADB=I@ECD=G@C@D1J7>=BD/FB7G8K;=@CA@AAMM:F?ED=BC?C>AE?DFM9EF7DCB?GBFDGE5?A>H?@8G>IBAA<7KK?CAJ8D6?6CG,JHE8AFF6G=5@,:=?G=DN:FAC<>HC;>FEM<6E@B=HE?0>6G<6C;7EB>:;?95=C@*D@GA8R@=GFB0DB4><1??JL?9,FH=?DA=G>;JEAC7QBQKW?CE;5=AC=38<6;;7BFHC=?A:;>B>?FG>CGHJ>4@E@2>@C/D.E?8BI@>E11GC@AA@;AL7;B?9-<@J@6BCC?EG?>>8DAGEB;C?B<@K>>>FJ4AA7<4?A?;4?F8L4C>77;;:?=JA@?>>>:7;@=D@B@L@AKK?BR8JA3;IC@I,JB?9DC9DAG/0:BC;5@=:C0M;FD0;?D=A<5A89:6A;C>E9EFG?IC2D9E85E1HA:H8CCA??B@FA@>B4D=6F1@5HF@GDCE@F<;>6=/8G:IH8E;?=9<4;?C9:G:9G@@@B:??=D==ECB4D77E8AD4BF;C@4DCA4EC@56>/9@?A8>?6+=?@?@8A>A>A=?<>@5>?B>@1;?5>:<>9<@I@A39>?A<4=,32=A5>9A9AF99B/=F@:G<>F@?B4:9?@@G9A8@6>;>BA@;H=>%3.A=H?1:=14<71D>>>>F8CC599@7:CDE?C@72@5<41:??B;D3A53A@08C9B=:55@?BD/E@@C>B2DB@B>;B:EB>=7EF0C6H4GCDC2F7+EMD8B/;=5D:=HE4=5GBEDBBI6<=EB@G@??GEACAFC?7BEDF6<8<9==C7CBA?6=<6H7?D5DF:=CE3=@BACLG>A?:9@B?D=:?9<3G>A?1;7C::=E=7#:*@)?B?;36A<0@=A;?8AF98G>4?5FH>+;C5?:8=;><=3FF:BD@E>D888F989B;AA7?AC;;89B45-?:0BD8D8F==:B@76G?;K7G6AF8:6;<<6>@C??917C5H@DDM1>N@DMB75=:G7@=G?;=?7>@H4@KB@BBBD>=B7B@F:<CBD;@?G=DMC?EEAB7DAA52AHCB@5;@BD9>F>@;8C@=9E@J@9GICABBH?6C>CF?5@DEF=D>B?HDCF=48AFJ4D=1FC?K>?FDOG?2<.DE>D>B>P9B:AOC6K@9F/CAFC:DABFEEE7JB2:RWMDCB=K=A=?GB2NA:93>BHE;:AD>&/AC:H@B=JAI7/E=FC;GC?;<=DI>FE?6F>:AF@BDGG/-<;C@98D7HF>8:<=>BBA>?J>)E<:;GNABF@D.F0@FEIE:;GB?1J<7E8G=?EC>3AF=B=??K8>A8@@4C6BJD@3BB.>=<@B@J;4C;=;H@:F4AH=I8G<1G9CA>@7;<>?A@FEBDDE8U?<;DAEG7BDACA=D@3BGC2?<=>>4BI8>6;E<=?EC@AB;B#=4;4BD<=4C?D>8@AEEAA4@?B?MC>B:A<:GA>@>F;G68I?:>7DBCA>BC7D??:A<@8?FEDCED=I58=6=C;E;4F>BEG4D=<@A:D<@C:HE>6EBD=F?CD8BF=9=DAC;AEK<;=DF<>1K>H=IH>G?GC63?B>FM?B::98748BC8C6EG<8HB>:?25M>;<7)8@H@:H;0BGA@BA:;9CED?5:DCDC@=78E;B4=EI?E;>GE@FFBA9?;>EA?FA?EP,@A>@4<@??@D.BGG@?H;C;=4C=?6K5DG9A<;JA;=A:>@:?N@6C8DFA;>C)@==JCC@-:FHD=2AC7G@5E@@<@B@=@>;EBG=;A:E>.EAA?F@B=?<:EE91A?:FDD:CB6BG@<6CC:?5:E;B@=D;L;:B?>?FC7A:?F<@@6ECE?H?B;6G:?3;C?CE9:F>F:B>?B9E:;;FHG=>B51380H98=8B:>D=/?7@=:?A@?=<@CK@@@:==9@85-FBE=:9>BAGC4@=>:EB;>?=6@9<7?C7?88B6;/>;5A;G.;=GB7;;;79F374>;=>5@AD7=;B>2:=??F7/8F7>48F;>@2>F@50FBE>?I4A:;6?2=CE@E?FL8-@4BB8@@IH4@@16-@5=9DB:7J7FGC?=BAJ?8E9BD9>5:;:6B=9CH?D?A<@?BB<7A=8;CB9/>9=/A6DG6D><>?4D7C;8?DB1=AB06?6;==EB35::8BC/;A747;=E@;B/DGF?G8076A;2D?@:<9F>?EE6KAAC=D7?;C><6G9@;>29?>=@>>@;@CHD=;B225?A94;?>C;?7A/B?8DFBA=@=DC;AC==<6A:FC70I7=:2>9D9CG=I?EM187=@A8D:G;M1M?CM=7M=SC>GE7AL@H6>TEF59>;?@CBC<;<18>5GE:J6A?QIHMI=D6JJB@F?E:E4@C.M?A@REDE@CB>?BNKCB@F>:AJ2@<;B9=ADFA>DC/7BAAD/:>1I58C,AF:=;=C=CBE:DC-;9?A5@EF2EF?ED/5A55=4D=@7I@EL+<)<93:3/6?A-DDG)GBBB>7,DM>=CC>G2D;=B?>ECB@DH44<:<>JF=C;A0A@>0H>6@?C:B=3L8E>>?@)?5>5?:DM63FF;>8B9578:2FB=EC8C8?>8?>;A=8;ANFA3CF?>=DD>D?FGDFE=G1?7>AGCIC?AD?G8EAC@EI@=9DB>@AD/96??HJ?IFDGIFJG?I<3DAK:3DA4;==:;BA8@@B6C7,C?/9:<:<7IBCBA=?BEFAG@>?@6A9CA;F8FK;>D<5BC>BE@BBA>A5DD=A9=BAD/>3DH5G?8C65CB<:C>@AD9>8C>A78?CBC6>3GB9A;0:EGDD0=HE?<9>>AD:CCCB?2<:G7:=FB:@789<9;;D=3@I@A=/=<=@CE?@<==@F@C>1DF:<9<;A??BI@B??B:@=AA<5D==?A:?3H89FCC::ED97A?+7:73>A:?@C:;DJ9:D78CAA=@@<<>?BE<4G76B2DBEBD@DBA:ECB7GA;<<@:5@DDBFC>=7H3@AG:3B7A@@;;;H?5?AC9@8@7BAH<>:>8><>>D8B@><BBFC?>GH>5A>JACFD@?=F1:D4D?:FFBH@F;EAEBA>>ABBC5?C;9?>5IHEAD>B-:6E?C5H=?1A6E=C:;@@@BHEE=HC::A;>27D7C;4>9;AA?DDA?@BA@:AK7<=1)KFC?C8H?FE2AC8?@G=FF@BM>BAO@@A;>@K=C:;KAD=@2AH9=$A<2?<=B9G7>3@F8@B@>A>>:EGC:L>CG6:?8?H=>>KFA0CEL7>=E85C>DI;BA5K4G>D?>Q6HCIC>O8D7>??EH@:@@HAA:29@D4HA>A=7GBK@=M?I;=<5I=FBE:EEB6C5JGE;CC8RF:C=DFC3DNG?BDA?BKAOMK<8P>EN6%H;;D@ODAEG39A::CC21;>FCDGF>FNC:=EAET04HCCF?;D=FQFB.E@>D5;=;)<@EA@?@CE8;8J3EDE=A>H>A@8DBBH>>;)<<5;4>C83,;A??**=@B=ER>7?AEE7@<8AC?@J?=<==>FA97@A??;HGH=A6?CDFD@@@;@DA:B?I>@A7AA7@B?F*D7455@HB2@C:1E62EAD=D?>CD?*@FF66E@:L>4>@EIB=:B@D<9CBIE97CD9B7EF@M;4FC@?A7FD;EE=HBBIJ@@C"?@B<6;9=8&*=B8A;>>=?BIB@53;B;0LD4DA>B5EB6:>??<;5@>@D;C9=@@>2FB;9>B>@?;<8.1=@9DC3@?A%?EB5.@FF:F6=;DA:=9<>:E?C>>=@=CDE9@25<4=>@:CBG;:4E=DDB5C2:<:=C>H?=C=A>5D:C?E>=BEE9AA?4B:25@BJE5BBD>CDEG2B?3?ABB:51?;A<9=;@C?2@89A4:?8<:CA2A<9AL9BAD>GC?D,;>(>F@@=<;F51:;A;F9G5/D?>0<>EJE6E=G.;:@:?B4>=4C?6@2=;7C>E@6>A48;>=:=@8C?8@2>;=8BB9>;<7@<)6;:B=CH@6BG8HAA*=BF>@@3C=B0C;EA?6IDH;F<3BDFGG>CH>@=DI>?JE?B=A:=B=?@9FE@I?D=?BCK;CCAGE=<=C=@9B@HB7D:=C=D7G>79E9CC3AFCGA;B@G=F4EGBC0H3-BB2A'?@9<4>;E<6@,::EBCC=.A?K@8AB:=F:=F@B=CB:>C<>B7C9=G>.@7AF9B*5;C:7?F1G9;>2;816IHE7;DCBCFI<;A6,2:4::<5?<>ME=EE@ECEE:B8LBI97F?:D2CF8:B=EEADGEC>C;1IB?FGD;;BHE6CA3:J:GCBD4?BJ@A9DKE;=GDK9=94B@9B<@AAFE>BB?AA;@4;:?FA>G2PKED:?<>7JD=BHMB=;AHJF=IFDI:G@@;C8CD:@J@;47FN:I5=DFB>8B6>;>D7F4FDB4@E?H@K@JC:1IOAD93CCCG<+EBE^>BQC;FG9>HDH>DCB9BI3CB?FECF:P@C6@BIG>8?A8CE?@E-AM>=9;H@7@AB176@=DA?3JH429EA>@??AD;;>?@D62AC;B;>?:EAD3BG5@7KD1@8HLD<:H-@=753?1C?E0>J<:=IGS?=@6;A;3@:;F?CBGD@@5C8GF@AKMDGB??DI;A38B>D?@?72;A6>/?BD>F8E6FE>=CG>M>?@C=6CD5&FACA0F?C2?>9;7?=BA3B6<8?6=FB=FG5K@?C92?J,C8C@65ECEDDH6AD7MD49>78?A@@AAB8;;:C=@B=6=?87;:A=EG2=D?=::3<=7>6;1BAB3BC7/<2>;>F5DD0B=MKI->D@A>9/=>@:2=IB:H?F>>9>9>==5?;6?EF=JF5?9>9AC@8.EBBI=E0:B;:=J>E@4CB7>4E5,>;A0/@7?=EAB@95DI3:KJ:D@E62D7DBD8<@@@L=B=<>DH??:7A66?:A3;DE9;=C;@HAB;?E;>;F6>F:@3GD*<4CF<::+:;?>F=EAAJL;@?=>F===E<89A9BE<5:9ECBA?58A<>@@??8B-7:84?6@AB9C:>6;G9<=@??F@9@=7>A;?=8?D>D7DA=;4CI3CBBA?4;9B:6;;<6?C:I5A7*BB8A>A:8A6B?<:C>?<4687:=>?7@:B>@<>1?AB:=B<98C46D@F6>=B7?=HEG>5;;=A8;>F88.4CB39=:C<5@F43G:495B?:>6B?9B@6B7=:6B@8<=B=?>1@@BCC?L@7GB;D?=:97<>AB:7;9:DGEE0F8>?3>B=9B8DH:6;G<::0D87::9A7CC:?<>8H761@8>:>D>7B;:>>@71>?;A=C5?:BFEDECA@C>EEB<6A=??:=I<>=@8A;C4DBA*F1:DB=;?CI>7>E7J=77BFAHDAE6@DFB;1A@B@D1C@DA=C9??EI8AA9:JCA=B@FF9:4<>@=@;D>>I5:FJAC8C9EFAL?6GD1ABIDE05AAB7;B@IDLG;8;=AF=G6O>7AMADJ?IACCKCD4CB8>?@AA87:A>?OFAG?B?F@<:>0:>9JM9D;@GF@=MOBA95H>==E?I>C>B244ED>>?B4>FJ?E<>JH@E?<8@)AG88<@H=BBSM>QH=@ECHBL-DK8D6BNID7@AGNG<@>FFLDF,>NL5EQHEFEE59HEFDHPEB@:?NC0K>@HICA?0?=B??@F??=@ICFAHA@D>@H@=A>79EM@3:E==?DDB71DD;1:?A8:?4?I;;@@A4?4DB9F;;<@J;E=F6:@ND?<5HH;JCCCB*=J=1@:G?A>M69B=@=E8@B?<6CDD?ABFHDC;A5B>A<3@4C7@?;KC:5>?>=C<9BB>;,0@2@J;=:A=D@AH:?F??EG@C:B><55D;<<;??CG>?6>;@E=AB@AJ?G@4@==I@?6=CB@?88>@7D=??GCAC?A+D:?3G?BFCDCBCDG;$@3B@;;E?:?D=F?E53@6F=7BB:=6:??BB6;>H08EN<>8A>8>JEF@E9B@JE;8EC;?>@DD>D?H5058HAA;DE?J>>D@51CDDCE5;A2>@D<C=D?9=>>6;><@BB>4=EC>::B@?5<8=D>G=6=A9AAE@59EC>,;:8EC6:8C@:>=+:/?=89GI4D=;>F&;6F3F5<>798A8E;A8B87::B9BA6;3G:C4B57B@<@DJ6E<89F9;;FB4E>D@;4GD<@AB;H:=BFH598DA8A.>G?82@A;F44<>7FGD=I68E>??;=B<:3><6DD93A.=<<8B@B/A=98JF345C=@B?AGA@C/<509?;:;5DC:@/;;>A@E=9FA,.?GB3;D@9@ND>5==DI>CDCJ8@?799:B=<;5D;;C=DB;AA<=AD9:;:F=BD35;5-C.E=5:>DCAFDA?A25@>B6HB8E=B=E5?9@=AE<8575EA2B>>AB@A=;D=C<=AF;J>>BE=<>A>98;4DFAHHAA;G@DH@A;C=B83I8DBA=?FELF?GCC;K-F<49FFE@:4=LCA;FJC;@GE??F>6G@4==D9I4:@B;@GALCF;><6>L:7HC>8C@KL5@DDEAG>?A@>NICEI?;A?ESLDCEE@JDAH/E<@ABECEAJJ?PC7H=?=CB:96A;M?9;FA5?9A88>AC?GI?<:F@>0B>;?M8D;-D>>A>=BEE=63(>9EB?+B6<;B?=@<;?CA89@=*5BHF?<3=@@;ADD6<5<@>A@>C?=A<6I==AOG5BBBB4;JD9AE?D?F2C<6:F8B>BD<4@7?>:;G815AE?7<>G<;D?GB5=HE.>E>8;C>@;A@J==:A=@D3E>79;;F?H=A8>G5G2BDK,=@C27@;A>D8@CDH5K;?@DD>EC?@B@DA?DA;75@73;@>8>51@H=7@F@H8;D??>>@5=>CEJD0@8BAE=;B@?IG6B@>A@:D;A,:>=896E.0;:GC:<42B?DN;EG=9@>>DFE7>:=B80;8AD.@3?=D=5?ADBA6C9AE?IB>5<@@DF:7;A?64C>>9H>.57?7C7>KH2>=?@1@@8?:8E<6,:>;BB@?>@?9AC?E><59DI4?LGB;?@B;9:H:GC;CD:B9AE;;D;7<>20D@>F7;CA::?>AH=141968;=2A:?D7IC7C5C:K-=??AHI;9A=A?>B;9F>D6DAC==C;<89JH;5ECAHA8GC;;4@CH9=8?:@:@2A?<)@1DC>@??D@=?7B4=:GBGA19>A?886>:7->D32*<;/AF=:@3<,>??FD0>H/><>=?=G%49F>C<885C7@?@AB@@AI;D@DF<=7GD:D::BG7:<CF*@@DDAFE?D13=3DK7B1KE>EF1:AMB:AF7D9=EDEBCB??@B8:G>BCI<:9JBDA>=BBE>G>CHH6I=;A8CF)72E;BF;CHB?;@B=F;:M1>:4EE.E6H8NE@>3FAFF@:AAC4C>9AH7?;AD947<><4@ECJCF>HG@><=FJEF./AD7A6?K7A8===?8@G;>9J86L>9>E?E<<48K=6O;ADK?B9ADE=??=?7=>CJJJ>AEH@7:?-EBAH>969J?6@AHD8DF:5LB<>>DC7BD8A@IKD?MP@@>D>=OT3LMR0D;GMU=>BA@,@QSOMFBDFDHHECDGIFGCKQMEH>GHCB@5G9:K=CKFD=@@F>F>@BCBCJA@<5CE=ILEAACC@@=;BE;@;D;>4:<@6.>LCHB=KF:6;FF;?FIEA>,E<.;==8,63DIEE4CA:@=4@E99DBGFF8>=?93CD;>EE;@F7;;A?@A2@DFD=9/ELIGBF55CH>5B=:5MK89:MDBD=GBA7:NA;>HD@B7@I?*>==EB?FB/76E9ID9A;?GJFFPGC@79B;?B4>?=CB?85EA@@@CB=94D77;@>A;8>G>?H2<.;E2@7E;=5CE.C8=J<;5=B3=C>E>B>5@HC+;CB?B>@>*E7;E<<=757=40>@:DH<7>9;EBEADE7E:8:7:;@=DA9??>>>BFJ@BC:2.>>;83B@8.>D:=FC>?D;:>?CJ>(BAC;:4>B>@4F=<=<857BB7C;==A<@;5;D@E;@@>?B/937>=D7>54A??G>>4?;<<:=52.;=9:BI68GQA?E=75HD6AEC4>FF;E3D=AA7D7E5DF99<=49@BEBK?>C>IGD1@7C>CE686F4@4?A====88@:A2:=?F?47AA@=->@;6?7BI9B>B9>FF=>?;8C33:9<;@63D5==?A9:5?J?I@C4GC2D5=9?>;H?@D?;BC?==FCE@<4B:;?6HH>9<9:@>F8@>900C7CB@??DI??;8C0GHC2@6@5=BBB@>GHBD@AI>A8=GA9>DF=C@B4>BE?89CD,=>BH78G6A5D9D,A8=>@=.CD1728=;?8E:C26<7@DFL=E;A6=95?:B8<6296:E>I>9:>A<78H:7E@DAB:,:3F*<<@==>=8?3BH@G5DEEG=D7C<6D?,>:EH;@8B9CS8;A7J>E@HCG9@?H??E>B<8@0DA?E79@DEJ7DD;=DEA;1?>A=;?6A@;;3B>A@=GAKAF?5JE:=F?2=EB=E9$==A;>ACC6>:BJ?45BB4F8EBE>6;GFG>99F:?=MAJ?:?8?:HBBGCB:5EAF:@6@DDHKC:FBD>B<==DBB6BGA8A6:D:*=@B;RFF@?=DJ5GAAE60DJ5I9AFDA7>@;<7IED:9;=A7:K:J8DD;FJ;:=FDBN>@=;FJGB0AG=3@EG;/>C<6D:FNB;D=@>GC7D=EK?C?@HBDBCAEDHEE<>NJB9GV>GAAO@B6GBBAPMEOC>ECBDFE@=:FMFDJE=>A:;=DH=JH:D;JA;D=@A9-:?@F?9;9@;?F6@A1B8B>FGD;F2TH3E2;AEK;11CKAB8F8H:@3D?;7==EC359C=5BC>=7F-;>R85AF:87I@AD@@=?67C,=JIH7G'9>87<@6@5>C3A@>C?B<>G5G??>0B;CAFKFKEA=7AD;;D=DC=GD?:8?DB?*=A>HAD>9EBNE>K@9BC>:BB?CB8?CA@6I;A>9?=<=J@=JH?;=;JCC@1CEHFC6A@88>/LBB7EJ?.<>BF@CAD9M?FD;=CA@.@A;G;BC?;;<0BI1FD@4;;@GD7D71>@;B:?EB:/;D6IB>>D8?1779B9>89A:>D8G>C@AB:9FDJB:@.>9079CKF?9@@BC?CB?ABCAA:>7@?=>H>@2C?967CD=D.>=A@B@>.>A3)D>EAK>ADGHB;A745@0>HB==>;>A@EB<;<=CC2A5?>8E>A<>3??2?K:AB=5=ADE<=7G3?@AF@7B3=CE;D@BA=C7<8=4C=1>:J8BE?A;CE?B8?@@.G::EE3?G=<@A>;E@BF=<;4A:H?C;8?@GH8CJ::4EB8@L:>D@>558O,8>=>5>?FA<73B?CE8=>?CAE?>F1@=E<@2=5;7<6:CFD:33?=>H@B;>@98A?@IK<>;@9ALEC>=;57H>I>7DA9G>@AD>H>/48AD>@@E;;>BDC/C7>AC8D8@FADHHE?@D@FDB@@:GD>G>D>;EBFCD=A@@8GAD<@/?3AG=ADAE@B6A>C@D9?AF<4?4EC85;?9A5;;CFA0?A@>1?>9-4>G?56?A9@CCE@ACF)>:F0=82>><;=7BGCJ7H:E6EC555F@9B8?6?<=G39CADHF7=<<78:;AA>CC>92B??A:;?AB7LEDB?G6?=?9==?@=>?C;E9;8AP=JKB>8@A=>9>GF;@8E>FC<@E5@I7=D>GDIF>>D;E@<@C=HLC:??B6G2@=:C@E@:D<@?NGF>69CAB:9?9?F9@<3BB6@A9?=D3BJD9=@FBL?N?G>B3A;@B=GC@GEHCDK>;BA:B?F>>5GK8B:;=>>ID<>A@E8:;OB?B=O/B>:7E>@>==CDG==>5?F@J:/GD=GB?9G=GK>AHB:>8CDD:@EEGKD?=JBB90<>>?9AB:89>=AL9B@EF?5EBCI:P@L82HJKAKJ6IHGC55CM@=@>;MAC?CC>I@F@9FKLO?DH=6=<>E:DFAH7O==@BBJN95B:D9=GJAA>>A-98@OA=H79EJ?>ICIFE8C@?AEAAG9E7D3>?=JD??D@A;=E937CA?09AADD<87CB4?;<@9:D497ADFC;?E8EB?0BC9@;F<9?>EB>9CGB=B4CAC?C?C8C?ADDIA?9>@DHA>.GD@8D=ACBC>;78B7??>?==@2=?9AD@9EE6>FGA@A=;B4?@BBB>DA>JCF5=3:923>@ABE>;9H;=BL?>F<7D0G=BDEIM;?B=CGACE@D=:B=0CBJ6:8=B7AA<A>>>:D?8;@;=0>@92<>LCA=<@6<>BC=E:5A@B;CH7J0FF@@3-DI?DB3?D?4=::?@@<>G4>=B9=?74>AA@CBF:=A5B6>A=FD9:7AAB=>A>?=FJ>@M@C=EG;?;A?;<9?2>E@>DC?F=;B=:?.70?@BG@>6?;>@;BCA8>0??FAAE;3F8A<;C?7A?@L@B1A:BCA@BB3C<88=:A@CAE7B8G>@E@2DD=FEC=5CA36K@:?>7D9B7C<9A?A>I::DG/8=2:8978>C@2DB(>@G/8@E?D<5?C>;A?9><;;@?@DG:=G<1=>?FC:,AC1EA@:;<;EB;87>GFC@ED:?2A@=@F7>7@?6E=9E=BA9?CFB4A><>667@@G@@E5;;F;><:CADHC:FB==;@BF@=9D8ADBED>7IGF9?F<>2?'EED?:@CBD?;=A9>6/==>HIBHAD:B1@E6C9=9A;EG4A3@?<>6@BBC?CAI@?B7C5<;A@67<=B6@>5AHB4B@A>?7=5;;A5-?>@@=G2@B?8E=8?=D:A09?G>B@B><;;DB@BEHD8DAAD7??FDA8?<8AF@B>=>C+.=@:@=A@6E=EB5HG=>=DAB@@J=?0A99E<=J;?@9@=CC>:JM;>5FE7@5D85:C;>B=CDE5D7=OAD9F@H7>L@=B0DC9>CIGA=D<869;;C8LFNG2<;CC?>;JKJ<8EG?=5GD:G=:>KCBC>B?FJHA?@2?DE=EE@G9ILEAB?=P@:DE:CPK2@>GE?7=>FBEHEAA>HCG=H>TFG@9DEIJ9:=KQD=?);CAGC?C?@KQCT??=GMB9C@A2I85ADA>GFGHFE>I?JL>BCD<=E@E16FEEJAAA?=>C?K7G6E8CCE6JEBW?CN;1AA>CBNLCEC?F>DBH;HBD?B9C8>?A=FC@<:FA=CB4ABDH@7?B8ELC2D>7C5FH?B91;-=J4=><@ABADA;=FA@?A.B8:DJ:DGHBG?@A274;?);G<5?9JB>5:0A?0=A/>K@8018@AD?<>C4Q@7JD5IA9@3D=H6CDA?=?F>@H?=D?;4=D>AK;=@JB?438B63<>A>?DG???@9LE6B:FNJBC61?6@JI>9FB=A:9AGEFE=A=E>DFG<@H<7=?FC?=GCE>D45DD;=G<6*58=@E>0:?@F?7>?8?8H5>:<.?E4;9BB7>:C>6F>9C7;=@@?>=H;?6@9@>BB>=D5BBE0;88>;I>AB>*5-=:=7=C>>=;4>9,EE>EG8><9;;:@A>K69B,E9<68CG;;BBE1@<&BA?5I?>F?BA>>)A@5D=?>D44@;98=A>CF1C87=89>DF/@:56A9B>A?C;>=;DB5=D4?.33::?1@ABE@=B>;C=;CF>8@@BD:?H?CC?FB85B/CC=7D;;EEFCA8:8I<7JCDAC<>6FE@C@GL:8977;5757@>?9?@<96@3EBD?>D48D?AB6F979<>EE=G:;G>A>81)@>A:>9=BB9@??=L=6F5:797ADF3B6ECBBA3B.CD268@-2BE;@0EA6GB2.:E7A.85@F?>?@@72=D<>>CBB3>?8?:D9>7:HB>=AAD1@C:>5408-3B?=AE855:5@9A5E@:==D@8:92@:3K;A3@B?A=:BB:HC4EB3>;H8@@??;@D=@>=9=B=@AJ<<A>C>;4:H=@@<9?>AFD:E8G7E/E@>D8I0S>@C7;BA@:@4HAE:;>C@E95@I3EI?JDB?AF;9EC:87<5:HIG@F;;C@B>DLGF:A>CA7FB?JHI?=GBJFBCC?EA=EBE>@H?G=DHB@?A>EJG:H)JE9;HFACDC@;<6B>:B7@I-9?>2568>GFCHH>>>4MC9!ETA6IBAJIF6;?=8>?:>==G;>?I9F<<96F@B/?;EAE9JJ8BA;>EL6C<&?8A=B;AEBC=>7A=AE;A:/FEB=<9:BC8B;J;J<C>NH143H7A@;B98JA6AIB=A94?@>7A059D>DEBE?72.6A>4@A8;9D1&@GB>=K<<9.FL6C5?F=24BE>H:@8+?58<:AC4=@=9;4@66D4@;=;BI<>;63AF@C>8?9A%BDEE9=5JFDC3FI68=8A=6=>B;?3NB69B4:D7B@C99A@;F@D3C:@B?E=C?>C<><@;B>;.==7=9@>B?;==4C>>:>AA<:E=B79A3>=<6<6E:0B>C584B?888C79:B2F5@>>C:FA3C>=,8F@8>>58?@@7A=<::B@=;9>>>C>=@<>7D7<3:I;D?;A=85>B?CE@=F>>A8;;B;<56=98C=A><2<><>D9;?;<@:CB@=@B<=7?DF8@??;>?C=@AFG>B;6@?AE?B:CC?A@7A<>?@:6A3A=F<7E=BBD@D8=<7B>,8H?AG?;=;:?9>=@>=?;6?7A==E7>EC7:;;>??7I4@5;34@A;I>3=?A?>==DCF;?>1E:DA:>?DGAAF>@9A=>A%BED@;C?DB67;62?>;8:KC:6G795<=?1DCEG=:D@:@A@A5<@EE3=I>*EF8>D>C9ABDG;4=9G3+@=B>GFE@G=0>H@7DD:=>AH@@A<F3?;FC:;AC>=997>?;=*/:H@D=7@;>35H7:9:?;>8<7C:@97?>@B=A?A=C9;;=75<=<<5@>0GG8BC359=F;E?B?B>@<7FC=?F;?:@C:<@;>;@BH9A6AFCA::>D8@@KAD5>F7AHDA?E;?B<CH;@C6BAA8F@HF;C?EF@A:=@ACC>>JG>KDJ:CGIB@>CKA8@;8DF290BC>FDB?A89>6=@GD=95GA;H?BW@HC.C7?H<>>>EFD@WN6H=>AOFACH,3;=8CBL<@9IK;5EF)=:DC==(=JFLF??:BFDAG<6HB5?5J2;GIG>GBC@>88?FCE8D6:8@EG5DK@C?HAG@DF;<=MEOC:F>6@J??E@H?>B?<8:DBGD?HC=A=I?7?E>N0C6?H@;C;=;61=ABCIB>=AF?;M?BF=>?6<:>:7,==+;A858=D(::<;E;E>34B>7:;@5=@E<9C>80B62H=;:C5==;?31JLD3G2+B>B;D:DK8>15@;B@@GC>6AB>AJD=H;AKDHAB7=@A>@@A@=B6??C<@D27;:?6CF@G>?<8D57FBAA;8A?C;@;A<>B0=0,-7>9JFE=>7?6BBE;DB6BDA40-67:B=FC31C=B=D:0BC@D@;74@<<5B ?@I;>4AJ-:E?8:G9F6>9;AC38BBD39:BA@B6BBE-7?=AB?=B?86=A>B@;D?@>>FDAE?EB:C=9=1QHD2=;9=F65;0D8=:@;=7>;I2C>A;C?:C>B:=D@:F57AC4A?FH?7?I/<7:@7B9B?@@8?89:C=6=@D4C@<@92A7I=:>?=>C?9>C?<@8>@GE=9@<@>B;=>>:?:9@?69;@>E9C?4>A98B:@>:AD:A@A9FB;=5?EDB96?9>@8BF5C;51D?C>311FA>JE;@:A9;>>H@FDL;>8B9>F4=B8N:<:C>>K61@F29D;B/CBE>@7FAD;DFJ<;@DE<;AA;??FB8D>77BDD;=;?;FDA<>=BA>E088CB?9<6H58B9C<@?JD@B=;F4:E@CB?69A9B?.=868>::?;DB>024:4A6:@=?9/B4794AK;7;5;;6*?5A2977:8@.E@=;74A6E;<5>8@A@D*@CFG/5C7=*@E;AG?HBHC;GCAAA;H=<@1D2>CAHAJJC<>=A@:?;AD=B@9DEH?D=7LC;2BHA?AC8>A9HC8=6C;KF58E@7JFK2@G=FJ@6CC:BD@H8G>E@ICA@C??A;=AD<>CAC?>>FBBAA=:F9@DG??2B@BC;CAID4DF=A>AD:3F1FEB9B@BK>MAAJB4D>1B5I9B@?1F59BBDEE@;2:@>;JE@?>*87J:@B5B+9EE@HLC9;7>?@63CK9@A=GAC?F;>0@ABAD=//@HB5EB@=F>A?A:?9I?H>IDH?6>J:CKD9=E<9DCJGFFC>DG:GBFEBKF@?CJCFA7HJE8BDJHFL;@BIFC<9<:@;C22FCXFJD5?2J808;?;I;;1F7BJ@;:6-@C:A<85CCIFAB=57G>A5?7;=4F7<=C<>6;2E=KC>C@<>71:?B7;:9?;A?C>BK=CM8>A@C:@?E=D<=>>B<5?D<>@H;B4EGA@>>D=B==7><=DC=?=BAB=E9=DK7A6A970@5A>I=>;1:F6;@@>E2BD?F<<55H7?>D=;B886986<@51B:9@D;D?==AC>E?;D>EAC1=ABAB==?=C=F??8??5AB4>;?D=E1@8CC7H?A3<=F;>>;?C:D=$==2D783CA@2<<@C=>;E?H>E7.ACE:;9EC=>8@@@C=7BD<H6C@:??@;A>270I?979>GD7=D@0I::EFB4A4:?CE@BBBA:9;4F?FCA@37>?G6?9CD?6DHC@>A;>2>6@ID<>E?>=8B:?CB978C?B=@7F9D6DE8?3DGE93-C8>;2B=C::;???8?DB;>B?@;=989<6E=9;87;9:C==5DCH2=<63=CGJ?=B;==7;<9J8H>;D>?9>DAD:0@??EDFECB@HH2DF8==928?A>>F?A9?BA:9D;C=3<@A;>B3;C=AC<?<@G@@D=6??D,CB0:;15C:98:;7D<><397BE=?7288EC46;A:;43=1@D&18?4<;1C9;/;A=6A.=6G(6GC187;:??><7A<7@:?@64>:C0G8,E>,7>>8;1:8G@G5>B2@=E6@G??:DF;=5LA:B>=?CCB>AKB=<<=F<38<8E4@ADA6B>?@76FBD@GE,7C=A@>?:B?HC:D56>:A@@L?@=@6:44@?'@@@=11B9C=BF=@BC==>2@>=G@FC>>B:>I@A=1?>G7BAD89:@@<=;<@@9@9BFF7>OJG@IDLG9C2:B16B>@=A>@AGB97F>@?0ID6EF828B@9GFF:AGH:H@BD@G>FA>GFAC@80B:I5@@@9OKM3B7>JLGE4<=C1?F@9=65I9.;BBW??C@DC5<==8D>A8=@>;=1A7CE@IJ>B6DB@7;CCHD?B<@HLCDCICDBD;:GBB:CF>B:JAFA8@CIEGEO6JG=H@@?MA:7FBB@B@;7DHFCGB<@7EFE=:=@@>=:<8<57;@88:F>9C<@?AA+?@0G<9A<4F@CDA;A;E83-=;=EI:>9ACDCE@AA:5L9@7D;92DD=90;'=*:<@BLGDB=;/=CJ<;8C-1B>@DC@D@<=BA69;FC6;78:9=EJF5@F:A?:8F<@==BCF>J@A?A9;J;@1EHE?>>:A9@ACEB3<83=E?:=>5@FECBFA>=;:??=?<:/E:E@>JE<>BC9=G1?D>@=3DP><@9:=@=C0>3E;<4C3?A;89<;=A<=A6=,<;9A,2=A9<>@88@;>=;@?<==?=A=6=:=9@C8+);:9B>?8?7@@69<@=>A7:;@@B2(87AA?D*A;H7CB?D@7?>BCC?B=:=;?;7?:?G@@9;>B:@F@@8=?@@E=A:EEJE=B6@?B;AF?A.B=@H8?BHE?G<;D=E;<9@8=8D:37@9A8:=B?A8=9BA276@@HI><@B8;D==E?8AB7??D>@=,?8A68=F>I@*>7;@95=?3?>7;;2=?@;1B=?><>A<<@3BE?38FAD<=9;6J72@D.:H>@B:AD:;=B@>=EBC=G9B:?@>@>A?8<92I>7>EA5C@=;?EA:?@CFCA84C4:A'=6GM@BDB;BC@;B=>G>.A8C8?CC4E>?:6E5B?B:4B6A47=CB8GEEGF@:EDL7BBB>=D==>??7CG:@B;DE>?F;B7A>?:AHCC>>5@83C;137=;7<>MBE9;DG=<4A;=E7>7@,#@@<4@>7674?4=B@@6??85??B8,=>>CC7A??2;/7@8:78=:9?361BBG987CJ?=B7777,DHB=F256D@9DE7+C;9?3A:692;@BH?D=B=<@EE4B67B<4C=EA6C@L:9=7BA@>:7@0EEI?6FG7=A@=H>;CC6=Q6CBCC:IB?B72>@A8DAE@87?>:?6>L?=@3@>2,=DI??=;DC949B=DH1>A:ADAD=F=;5?A9EH898@6AI8@AC=A>=BBD=<7=D?=FED::=I=:C;:CF?;G7AA@=>@;@<>?8>>F@86@BC?@@CBE;C=>=@B:?DK6@G>;A79@K3@I2<5=A?H8GJ2-:DA4><@?D9E=ABL7KHP;6GK0DDF/?>F;AD=A8BJ>@CB4@FK>/?@B=C<?H2?AA;?DBCFAJ5BG@H?CG;7BDA?8JCC1>AFBJ>GD;B?DL;1>=@=>CG>H7?;>?A?F<;=?P9A@?8DFA1<9?/6.>88?7?FK?6CIF:??>N>4?=G/>>6=JH6:A;E:95=B@:GD=B=J?=G945H>@T9GC8GF;?D?A>9@>FBBCAIC?H:;AF?;B5:IF@.=E*9=I;@HC>K3:B==B:G:=7D8?>.6?;?C'D<@A.?@;1<@>?=9@7@@EF<;FD<=D4@T8@CBFA3>=??;I<8E>A4=E;>@C>A)@CB>:E><@:=@;0?;A@:E8<8NEEC=@GC@F/4;8D?C:3:?AA5A:7@K6E?<>CHI?>>9=ECD<6@;9?@4E<>?2@C>B-1C@7:5>@<2D:DEC>;9CBBD:8?=ABF:9@F>BAA?>8;>@2C>B=79;?BC.9A<<;@;A?;==35>;<@@@=0A?<-C9:8EFDG;89C<9>2>AB6;A@6:?A:<8?=);72:=I3?4>@@7/FI2H?@@;@0>>>?H>?.AB5=9@@C>@<@A?::@-9B;;.><8=BB+FF@>@/75C@DD?;?A<@@;8>>E<D3C3:@=:1;@6AHL@=;899::8GB==@7CD*52?>EE3:EG<;C<=9DBA?DH<3A=2?:899>:>>?A5C::B<:=5?>9;6:?;@8@@A?F;958BAE8;F6A/1D@30E85B9@F<>G>@DB6??D8AECC;I=7A9B@@1AD?>:D>MFFF>CJ@?E:3->><9;?:BE<<>DAB/<@8?AA9>076-4;<54?0A@6::B6;@A9A99>?=H@F?9B=BJ:7CF;A?;F3D:48AAFE13;@4C9>DA>?316CH6A<7CA&FE3>C::G-ADEB'<<7HBG?7>;;9;0AFGC;?H;.C@ACF>I>7D9=E?C:>=H6B=7H==>?AADA84;?HGDDCB:@DE?0@EF5@<9@6<>?/7??BF>C;>>==?<==;=>>7@>EAFE9H4C?;=DCH>C@;B>6><4MA?>@8:@:?=H/?@A:GE48F=G89C=5=?EA:?C9E=B>PAAD@A7C8B;>ETIC7:?C85K/OD?=6BE@@?B???AFE?A6F?8>?HGB?KCEI5AFE?CDD=8<@;E8B5A7:@C?3BCF8@?A1AF>ID8==8=E:I@?9;H@@>?2?5DDN8A@I?L;D>@8<8ADB?H8:BA@BBC:@<4;B19<=A?4A858BV?1>?B;5A>:C;?>/=?;/CDDGKA:<7-EH@>;>D<<@D>=@A:AD;3?B:@6>66@@=>;>K=>DCC930AA>A<<=;=A>DA;ABAI;D?DB=FC@@C876F;3LEAD8=@>@EF>=BC08AAJ;?=;IDCFA?6A:>28A>EA<3(CAB>@=>7?7>'A2?AG8>:.A@K6F=E=<6>AK=E;;>:DC@D:?<95<;BF=B:>;7;BB;>5>?<==?@:N@?46?C=;?D;-9=1;@;9>;9=@?ECEC<=?;?::<;>69C8GDAA<9A?>>DGF@28=;<;=2AH?A;;=>749?I.::7AB>@.6?5:;=A==JD89>9>B;=?>>;E$8D6>=7=@>AC;?KBA>:2?>.@3@:?=4:AB<5>@==DB<:;E=D9=87?CB;>495@4C9:E=BB@A9>5=<==/:<9?KC?3@<@;;?II:;==9:<<=>=>>E<:78<56E?E@=?CHB>7=89<0@?<A8?DF:9?D?:CC2D/;=ABBBB>?A9@B>9G@;?;=A@BJ57D6ACB9HB=L9:C9?84<:I?B>8=HJJ;A9A@=GBA6/?8:>=CD89=?2@:68@GC9:B7?@@/;8H?87D@??>@E.2>8E?4=AD<5=11?C3AB?:9?13D6B=6>7<>5D=9?8BEJ8?25:F???G>B;@;;9CH@A=6>4B>6?77@97?8=BEB>:AC7<:;?B<8D89JI:@9HJADCD?B5=BDB:@?B9FD>CF?;@>?:@:D1D6B@>HCD9E9H>:6=I8CF;CB=@B>@:3*7=;DLC:>7IBDD=A1B8;>9?AB@??;<=EA@=9D97FHJC@E)C0@F8>86?7E?@>@IC==?C7EH;A@=8=;ACE?KG@CE96GECDF@?A>DFI98F7:I??LEEB;EG5HFF8@D-8=8DB=5/F;@CA?3;:M565F@IE=NUCJ3?87896<4;=?5BAA:3?ECH>F=FH??;KF?3@A>IKEE>E>7:E:688E;??JGJ>NC0J79DA??F@@[D7DN.DB8A4@LB8CBGH==Q>>EDQB4DA;7:AG+ABH9A=IKE,?A>B:A9EC3A:DHFBG>:G@AHK3>3DF@J4F=4GD2?A?EA;BGC@DFD9K9BDAD=APC0EKDA@@;H=C=EHDE@JFACC)?N926=@9E>@=BC2ML=E;?=45ED9M;B@2@=A?A<7=@?6>BD><9<79HE;CKCI&91?>51>O:FIJG?E??IHOH7A@F9B/@4EH8H??>8F2BA:8DA>@/>@=A>8?5@DE?9BCC=@;E2H;6DB56C:=AE677>CCB#BDC>B>>999;AA=ABEAL7?:4DA>DEE7>;@CC3C@=EC:G,6A@AM5CD@8;?==/?<6.C09F=;>B:9;BF@;@9A34547F;D98I<;=C>?:2@>.:';:?7A?6@9G6?<5<=94L==72BEF;B?>@?F9857;B6;5=H?GE<=HAC;@E0@?;:DF::BL4?D36==A>LA?ACA:DH%:D;@8F97@96BB3>5?<<7AB7*>@,6FC?E6?:C@<7EAABA@8CB@DCI=>8EDHC@>A@F>H7D?/'?G-6FA7F:G8?ACA:<=B4CDEAA4<7A:6DB5D?E?@B89E@ABA=B=F4:>=11D<59@?>K@A4>AFEB:9AFB9?7B20?0>9=B695BAGA:7FE5=.EEI7D/;E.C=;4J7BA<=>=<:194DCAG:@8@@7A2D94EA=;F8==C>7ACF:78F86AD@=7>>I>@J0?;CC5@7G2?;6<9:>>;>>==<9;CACF>>54@=:897A.?::>0J>3=D4E=>1B3K@=C7B?;?F/D4AA75:BCB?>@2A@E:3?<9@?D:H5A>FB8HD>BDB?4D>B?@83?>/=DDD;DH@1B@9H9@9;;EPNG:AFDG/7C;?:E=B7A;297C6:G>HDD?EE;?;AE7>ED3?B=G&89>CD;:>@F@6=CJH?B;6>ACGG@E?7IG:@D;EG1ACJA?G=@=9;ID53EC@A9/=>9B;7=EBJC7>?=FBE53GA7@@>BAK=C=;/BHC0696HD@@:AD6EB?1@;>A;BI;::AJB8FFHB7AI5-A.;GG4>3>889I?F4?>;97?C7G4G?@:91ATFC@DF?F/E<8A>E?F?BBC<;?9@@@>E>D9H:ENFE=@J@>=D>?E?>?:?IGC?7CDD?;:9:F7G@@AE>GELG+BF;C><71<8@IBL1FH=A/FFD?3=CE?:B49M;DG?@@=,?BE?E>0GGN>9?;M?BH=;KDGAAH=>CE>:BE@6E7A>8FD@>7D@.B@HB4?DFGDH=>D<<<:B;O0??@<9@7>>5??B<9BCAAEC>?>?56>,D5;<=7/BD?CAC@@=C2>A:<:>=C;CKA9ABU>4EGICC8CG:$B;DD?;:69BE@EC:C7B=AF7LIFBAF<=EHMAF=EA>C6;:5?CCBC?3C@?997B;@;46>C=>FC@;?=>BC@/?DA2>/9=5>M@;==F&A>:;:C;<=;;B;6;D=?A;C;D?<;=97DA<=FA65II9>888=:AE:?5DJ@@=B94=?0E-=HA:5C7AAEA><9;278GB:GC=4BECA9@4:<;>A@AH@B7DE@??A6E;F8DC:ABI>E>=F><5A733E>@EA@3:F<@=?:7=?HKG1@?CABHEE81A=FI?EC<>C?A<<B?G@5GCE@@=>D@>?>C+>DDBH8=@9A:5HI@3@B@??=C=FE<E7A:B@:C6:-;E?9F>JK7B>E>9=>=D8CB8?;HA;?AGF>@;C.A8LA7KAC>?@C:;7:BJ5F67BA@B?6BH6G=HAE=8;?A=E2EAA:4>E9?B9B>F7G?KAC?B<:BCJ<=AD3A;BE-:C9GBD@FBD8/?/??1:=9:=?8E>?FDC:C(AD@C,<<F9:47ABB8<**C1=2DC6C7E:4?C89B::6;ACD59>8B,:F<1@718@D>:=65>78?5;@8C7@59F9@=B;8>3HE43589='=0A>9>?C@=C=C?CBB<A;CA?9HE>AC?B1>DE9I???F=EG?B?B9C;;@=>07>CECCF8?;;;?>EF=BA?3E=?69C;FD?IBJ.>AG@C>>GCB>=FFNFAEE>?DD?/D?B:3>IC;I8<@:7H>=7?6J@>CGDH-C><-=MHC5??=;9C7E@FIHL6BMHGGMCDAB5?DB>E?89B>AHC6@=:;>?>>I@BCEGH?>ZD?C@?95A:@8ECA:@C?<9>B>A=8IU2CAJL>KA@@87@B>;8B4G:A>8H7B7G9E>=F9>@BA;BE@6E=@:42=E.6KJ=ADC?>85K8?IDE?==D:BA>A>>B;IE<>9D@B37@E==HG@EJ8FD@B88A<9UMK?@CD@>9A?DG6>@3>CF<<4B?D;L618@LAB=KHC=>BE?@4GB3F<<1C=EAAGFDCFCA:;F7@:C:9)8C9=A???=>4FHEA:<=AD@A>58D7?LGC>?)@H?1&5FH;5++?;B=C?3A::B64DC?=4CC>4D6=5;CGDBA:<>7>4CA@=?C?=E0>D>1COHA:D69CB9F:DE<>IC-=>?<6D=;EA?DAH??A>A9=F:CDI=;?E@??BJC;:63<:<:<6BA:>A?37D==>A59:FJE9B<@DCBB3C>>ABAI8ADB?58@@A-6?;CFA>9@C>DE6?@I?=?AC?9;7CA=6C9B?F:>ACD@E<=B7E@@MB>GG?B=>A19C=F9CCE?I?A?;B;6B8@:6;G?<7;<=C89@7?==A9CB;J:=BIHE/E>?AC=F>AC4G>JE724AC:E>=>DE=?@AF2?>?B>2EAC=;B;FDB<<5::;:@A9=JC6BDE7IC?B>=?>@==5;44C?B4<@;;:D==@4G=95E7:2<78<6D>5A9=IB0?17A7698;3>;>,<:IABBG<@6=7?@@=797>=A<8@DB;A3G98/;FA?9B+><9H;LI;>JH9;8?>@=@;>F>A:=>;E<8K?E>?88B+95@E6,486BF-CA:B;8-5/47862/1C:+-5ABH79G?1GB@<=--60:7A9.D8;>BC61+.D?54>4>?86038E/9;A?6:6A;>;@=AE=:>;>:8D8BGFG<1=>B<7=@B9A98;=D7?G0:>B6EC=;<6GDF>>EJ<=DE9<@6@E;=B<6>;<89;J0?H@ADGG+>>6;@:=FC@;7J7:A@AEA>7@C?@=H2EB;;@BB5FCA:6A=GG=F@BE?I9;E?D?>DEB@?B?;JHJF?ABJJA>8DBDIAH:I;FOC:GA4FBADDIJ:47;A75C?708DC=8B9+21B?GA??GHKAPCF?A=D:AI?;4GGDA9AF4IB?96BCX?8H66SG<6AM<5G@;B2:>8>C3;C8B=0HCDDFDBB?.CF<5B@IEGD>D=;7?5B;<9=FDEID89LABC@MD;>M:C@BCNGN:B6JK;<78J?5D>BB7CL@7@D@D>A>AD;F7A,D:BCH?C8A>JACK5=C5BC@KD>@>G;;=4E9<>?=::3>4><B9A>?@::D:.<;89:?=8=9CJ@C?D;<89AAFC=:5;>HD89B=<7-ADH;CAC=E8A?HBEM<;J7:D?CKE:A8??A=E>BACB85H>C>HJE06CB<*@DD@3@?D?;A9D=:;5B5?BD3C=C>@CA:A<=?GDI:;A89KAE@>;>D<>>9?>8E@;N6DK@5+55>@9@E0@<:F=>DC==CC=A=F:>8:>>A;87?5<7CJB?CB97ED;=DEH6BB?;ID>@>D>5;3=BD>:@ABCFGM=9D@<;8FF@@:4ABDEA>=:F57BB@=?694?95DA=9B=6,>;A=C7;<>B=??;:<@2:2;+;L:@==CB;@=B?@@:9?ICG>@D><6>895A;;CJDF7?@<8:D>C=?@AB>=D>:=D@F@C62GB9A>4BB96<=@BI947@=A;B;=A?F>:69FB?=?11CCF7B6>;A<:5>?A>@>>C?)=7B7>D@:C>>>>A:8<=GC4>B@=CEFC?@4H0>>D:BA=:D@A@A<<:B@A=@>A@@KAB;EE>H-E;F?:?CG?@CAB?C?<9CBDDFJBHD7D7*?A=ADB9G8=<=BD;FD><5E@EB8B1EA?G=G?>><9A=>@?EDL3D><78A?GFB1BH4;2EG=?;>@GC?;A5=F6A03G?:6C3>:C>CAA=AB3@5>>A@8H7<>BA6B9>A:?:?;<::1=:;?=?8C?;B>@;;I1E0>A@7<9<>=A>@>I;CAEE89:D7EG?H;7EF8:F>5B5BK7IB?@D=C=:?EEB?;FG@C:A4=C@?GB=@23@DH=>;FEC;@9M8FFH>/=BFAA7>7H>>G9@;6IF>;CA@F?AC@EAI;F=>CB@IBC9FE@>G;BIJNDBDJ>GDE8KBH;:DNBBHBAFIFF6@7AD@:=:B=I7@?<3HEEBDEA@>DHF7FA=GB@BDMGKI?A,GEC0?LD=E:KDDCFCJD761EAF4GD>MABF;N;?>FF2?E6?GF;G=:9=F>BH?B3IEG:<@A77H*C7HDHAAH598>1D>K7DD=1G@A4=KDCB@?;B>2C9;>M@;AKC>:BB8=@4E279@B:-;98ABB?97>=CI>=4A?BABBG?@?L>>6B>CF9;BA@@DLGB@A+G>HCE;BG/AF07A@F7?93G?A6AF@,B@:>7G?18=55C8F><<;??:7EGAB>276?:3>BC@@?6H?8BB;?>E32@+@=<8::?ADB9F4FA<6?:?>9<9BB:C8C>::A;B58=66=A?8>@>><=>7:76A=4;:?C<7D??9<;7AA6/9><8=:4C?F=A:JG;=9A@E:AB@5?GDB<<:GBC7;?G240AC8;8>B6:?:?B>:8<7:@5D=8:87?@CD??=6C:E;?1?4:?9=EDA?AF90>8B;+@HD?;D=74=B=CA2E=89A@=<5B:AAG=;B?9=>BDED=DC<@BEE4D@:9::4@IBA?>@B:887B>CA==AFA@?>AGDDI:?H>;B6DF6G;CC7F6;B<>BF8<8A@(=E>;JEF?A?34BE?G@H2EAG?AAAB787D@B4AF7CA5BE?CCD=0CA=<@C;>G?9=;9859FAA:1?E5>F1E388@->5=?B8@??3>CE??9CH?<<:=F@:=:>B@C@2F8<@;7D<4C<<887;:<@@9?6;G28?HBD?>AA6B6-H.@6D5=6H8<;=:@85G93<=<81HDD:9=F?AIHE4>.7;):=@H:?7>D3/9C?HBAA@?5JAB7.?5;AO>ADB=B<>F:?BCAB99<8;=;=AF7=6AFJ3E=@5A?G@8F?@@DA*C7A=@>E7BBLL6D9=?BLHF@EEBD:A;D;>9EA8@<:?=;1BC6BBEC@=;497PIJ6;5BGG:>:KA?CG>>BD;BA@9HIKF=@7B=CFJ=B@:;D=@C;DFCB94?7@AEJ@CCKIBB;2B@==G97BL?@H@DKF=Kc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¼ba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€ÿÿÿ´`N:=9??:=>A?=:D>J4D36F@9@3>7=LFEC>5?RGAB6E9A?;=B?/

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uÿÿÿÿÐn^SDG;E?ECGH@H86CE=>C:HCFD>=FCED7C?@BI=@E7D97D@@96:F=<4?ABGACGA6K<:E=FNHBDD>:/B1DE@21II;<=CCBC85/?KE>JJK9EKK4D@A6@DKE?GD?D@EAAD?9CEH=:IDM?9E6J@;ID@HFA8ADGEL@H>8HFHHB8G9GBJNE>@4=RI0CGAFLELENCKEQGMF?JA??CMDC>F=5=C@999B>BEBA=K3?==:E@GE;JJ/DH@DG:>DHF:@=3J@N>??;>6;=2CH6E=>ABG6;A1:>A/;978C=6=K=>=?<<=8>D.C=8C<./=/;@BD:?F<85;?DB>@=67;58A=F99>AB?:=FAL966>;AK-C4:>D?J:8F:@CG@6B=HBDD@GFJFA7=?=>CD4:9AF<9>;APB@-@@H>FCA?;=MHAB??=H@=;A@>?>CA@CH?C=AAHGGC;7D@9G=C>TC@C?A?;7G9@9AA<@@4G1==9E2G>A@>9@>7F36@DDG/:AAIAGFA0>?<:=@=@BA/>><8A:AC5G<@=*CC;A=D8<;=A77;4:4;8:A=@?34?>4;?A8M;?3C?<<>4AD?;D81;6C.A79BE@6:?5F=FC,A=::@?9>86:?GDAC9>6:E%@AEE??BAA@E48?G4>4:C7?>JH??>D9=?A=>;>?=>4C4A.BA;A@E:A5D:8;??2???2C@8;J@.?3A?:>AHB@9CBGBC<1DD8C8E<@DCE>9?=AFB;=3FB57BB>ICDA4?C:C51=CI=3@?=EEJCF9H@DD79=A?9C6=C;A>;5BCBH=8B??BB9DCF;?7A=;9A?1GF=C=B=@F;ECDF@BB;A?@?DF<45AB?B=>@:I5C=@<:;GI<7<9H;F7?CL6<;B@FAB9C=F:8A;=7=@2A3FBF<3F<9B><@C=8<8<6?8:6D=?:E45@7:L5.>=?8C@=@3=CCDA2;>@?1,:C>><8G:9CB:28@6A156C>=?=F<88=D=:>BDB@EFBHGG?CA?BKDA@E=B8D=CIB<>AE:;B@D@<>/M:CHFH>D9E=?A;:AA+@C:A6B;13?6>AGEC><=/?B;FE;>ACH<>CE9>MBC6@A>@<7>>1>>J78=A<;?@95A?8C=BICBD@EFJGA?BB:BOZ¨ÿÿÿØtc`LE@FGFIC=?3;0>C@6DDAA?DIBI?BFED@DG7CJCA9DCCBABEGGB8E5GE9F-8EKKG=@<;<<>B>?@PBC7HD8AE@J;?DDA:>@:EA;AGLB=?@B5@4FGQD9?38NIM@A9BE8;1:=>BC3?G<:>;9>E@;5GBH>7LF8;:IC@DH<=HD=FD/G9GCGI10D@FC;C7DF@?B9CAGA9>IGEJHHBO@GB>FBGF>QA?CBLA<9BBH?<=I>=57=9BDKE>6@A9AAA;A1EDD<@@@=H=?=?@7DFE??E?BB@@E<=@A@<@B>>;:G:=>H=A;*E5>2<>4>CDBC?=6:==>6DA8KC@0ECG@D@>=?@;0B:4C?=/IC6TC9=G?2BA=7?;>:D?9?G=C>>7>ED4JD<<68@M:C5?M:CG<=B7<8C5=LDA@A?=B>@AE;AD>I7DJA;A=?DH@C@?3G@?A?9;<=C9;:?;3JC@5E@>:8?CA/AB<1,=:A6G4@7?BE6B::CA,76<>@,/FA@FG>+86B;8:B>A=39E74>C:=@AA66>>>=9AABF8:=;9=7=7@E*EDH=2;;?32928BC9KG9.?LB@1<:=C)=>C>+@BA5<:99D;DA@=?@JAG/1CDD68EJE7ED:<;@=@5?BA8C9-B??B7;FJ?B6F=9HGDA68;?C@9;>8B;D6?8>A>6;>EC;AFB@2*.-=@BDG@D;@;==;8AF?9:E<;@C577E,EB9@2:;;>@>9DCC27?AD===;3893C?II@9H,@7D=86=CA=??/2A=C?>I<@C9E<=G9>>8.B=-?<==1=<68:A@8=CA:@B;4G=D@:?58>8>C?;:@=4>F?-?9;C:@:CCAA@.><;HHF1ADA@?;B;C@=JGD<7@?H@9=9C:F=B?7:ALC@@;>A;D>?>@?G>C@4=G?99;B3EH6D<@AACA?D@0D;=CE9@;1@69,3A?EFC>E;0-B@:>D=8B@F3C8IA??;97=9=BB;6@F7;;65E98A;>HD>GC>BC5:37:6=39;AA/=G4C?>@6<-/7=520E7A86A@CB?CC?D:A+=:A:@;G=C9A@E?6>@D?:?C9>DC=IJ>E5+C=AAA=:CD:=>9D>I7.?A7?EK=@A?DC>I@<7:>A=7A,>BC9@C;AEH??>7KFD>C6A3<>??C=@99?=9C:361=@@<-@E<<<5=?:D3GEEHB@93E4F0CMD:@<:GDACAC@EBPÿ÷­a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`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
?CAJ>:>'9=>;A?B>3@.;A@EA>;C;DE4<:=2=8;>FFA8@=@=H>@D?>5B=;==64>@@?:<>B:;EDB;B=5C;J?=;@=/<9>12175C==@?CCB=B@9;>6A5E2EA2;>06;>9ABF@=A;=<=9;=EA=:@CI:>>E7@7A*=@D04?HF??BA?DAA4:B??@C@C4?=;=EE=78;A?6EEAF=@F>BA@D?==1BA:DC=?A9-7>4A3GCACBA:;B4CJ;EHC6CACHA>@G>C>;BG7BC?8D?=<:<1G<698;4?47?<9H6CE/@@?BE0;>@EJ;B;>80A9F>C@9/C>-DEB7@;BAA;A>A0::>CACD=;>;6>BBID39:A>E=B04@F6=?HAAD7>-;8:5DC;:;9BFE5A@8<586@@D7@>EJ5D:A>;(AC;18?DMD9=8CB@HA><@AJ4865>A:H3>A;A3JAE8E9ABE<:@;:>>;/;;=?;GAAAC<@?=;;;??B=95->=IJ0B=9;BCF6>>E9>,@@>?6>=DA?CAA=D?AEE?@:BG<:DB>CFJ3BA?@G@;CDD@>>B9?>?FBJ6?DGA1A69/@@:@N<:A4@RFIEDA+G=8:M@A;;ED:6@BHC?9IE@@BBGHH@E>0F72;=AD>I;;:8=D<7E9@6=8*@B=;A<0EA<@@?BF:DR9>E9D>I7>F>?CAHB;=?@????4=CD=CPH@3CCBAPCRVCGGDEHLFI@A;GOU<9C?;EFD6A@9@>F;CAG>=EH7@P696HB=D?DD:;I>C>=@KEFL?KBICC?=?=@DB5AB9:?;@F@=J3?C=IK;>2>CMCA?=B;BB=<>;K@:57:?L5>DE<:>=E>BGBF;H@@@EE?;??@3=D<>9HF6?DAE@B?FEAH/CB7FB<5==8FF:9OCH755@F5*77=@E>7G=IDAH>?IN?B@=6<@A=<4?J>CA;D0,E>-<@>6?ABDH?A?7>?A@0<=0E=@B;A8B4A?;@9:61?/H;H/03E@H;?CABC;EC?6BBCDE9BDB??>@8;;?@=GCB?J1A>?B10@:?<@@FA:9;?F;D1=*B=7?B>?<9M?B7CEEE>=7?:7IEA>A687==D?8=4:AF>;=4C@>??5F=C<7=;BK=4>CC7=EBEC@A?5B9@A3EEC:@;6>:B@<9:=B=A=8MB:?<@>-B0:BCBA;B.F9=<>-@>E==5<>CHB=@>1CE3;BB;>??:;8@;>4A@E2>0G5EDED;8CCCAA8;3>8=?;7.9@?>@AIF=BACC=E3HB6<0/@B6=@G?4C<<@<1@?@6E759C1;CJD3;=?C@D=>=;:A7E@9A?C:3@C>>5B8@DF;74=L;J?=58@B@B2=;A?7<5:B=8I03=G?5,<;=D98?50:;ADC;E:E6:E>=B8=F@GDB=;I>3@=CDG:/D7F>1>?B7.:;7;=BFG?>=8:C0.;:3<846DACC@)9E9E>A?@@B@CB=>:76;??E>0B?9><<>95BD?;ADGB9;6=::9>B1>CB93BDDAA8I@=?EA/JHCEH2A@@/@A@.?O5>6>:B9@SI3GE;A8?C?IC:A2=L>?BB28ACEF9?>2=FD6C@CB9B@AF96DA14C?AA@?>B2E:D=CL6E25DDF9E?:BBI;@9BK7@>DA@HFE@7FC?3BFJEB@:;A@8A:AD:>A=A@BDHHD@B:B.?;=?<4C;9=6ANKI<74>;BA@AA>D@JB@B=>H=HGFD98N:IFASFHHHEID@DDIA@@JN@BPI=AE?FDC?8I?>L4JCG>@B9FGHEH4G<<;>?0FDA=C=HECDI>=:H=:9:=@PD8@6CJDB;D><@;EDCJD@>3@9?E?H7D?AM8F1@=7A5K8H9BB?C7A:6>FCD?GF=;F?>A>?C8:;BFA>?/;FBF>CEC7==AO69@CE4>H7JA+<@D?8JANB4<;@=:ACFE>=?>JE4A95E@B?BECD8;=9?@DII;;8@BCD??C?A<>B89AD@8E>B=@::;IDA>D@A2AID;C;<:09;;>ABC<@GA3J??B?A@=:=45=?;91=@2=>@=?@A6D?96??@;I>?8?7BBA;B=$E;756;2<7BN9A>C>F4??9E9@@>7D68AGB=@??6BCBA<97HB<;@@A>FBB==@@?=@C<;;7;=AE=ED@<>@DDCEA<8>B>=>A;G@7@E@=:?D>;8?A:>>B=5@?D@9G<8?156C<8?D?>=<9=H7A>5C?F<3@?>C=:@=F<=9<8=C;CB9A7?@>D=FEFI><5BC68?=F??>@F=>0DEA9=A;84@>?@@@J<;6=C;?0HA<@?>A9ACAB><<=;>@AA==;6H;6>/9DEB:?E3B@=19B0CB1:@:;B@@C=D9?F;A:;:5@CD4B@=;5>CAF:;3F>/:6F@FFA?:E4C8C90F7;?ABIG@ADB?N@6B33F;ADF4H#<@:;G;;;E;<5@?9E@?.>4DD@9D:=A/6DF7E?4ALFD<8??A;H6;DBGH?:L>@A7C=;IL?3<;>E4C5H>C3<=8FEA?>G3D?A=>4AJ?96D5;8@=@D?@>:8G><=?9@=9C<27?B9F:A6??;I=8DA8@?A>5=CE>6@?98>6?5,9/5:A<>@E09>-.>FDF7<=5?9C=B4E?0E;>/C$?D67>AEF,I;F?7HLE@@3?C;DH?CA=BABEB?J@D5<?7B@C>JA3+EB489A@A>=C?B?2FHECD?><1ABDFFIF4G;;>@':ICF<9EEE;@L@<;E@:A@80;><9>A?=DC=??EBBG;DBA@6>B>1=F=@H;>@CB:D=@4BFF+C;CF;@G?49=@DIF/4@=CK8CA+CC=>PG?=@J598A,5;%E<<:?8<=BCH-EIBJF@CIB4H=B-=5=B>@64@EAA:BE5GE=<:=G>ABD;?2G3F=AB?A?>;>=DBAB;88>8EIFEGE?DDEBD:A;AEG;HEC?:HK>AGBE?5B;?EGKBAIHD:>@@*@=@:-8=1::DIDA?@;CE<558>EA?:?C3:B:CB78D:;6@8DAIJDB=@9:D:EBAI=3?98E@:=3@F=4;B>?CG<>AC76KBC/C;CACE>;@;>=D7FC>9D@@E>;D>1JBCEDJ>?<:7;@>>E4217DFE<<8<4>CCG:=@9FCE=2B28=G8@8A;85>@B:CACA<;=AF(>=@?A?DB;<@@BB>:+:D?234.:I=;7=8<<8B@CEE=@@DA>918>BC8;6A2>==>:AC<6<;?BD>(@J@2>B8:346DA>@<@<==;G4C>==B6.@4E?;A@B3EH=A?;4C?8=,386A<@1)D1D>AAB=C,E?=A@B7:A7?@C,=;84=B>;A>2"GA?E7A9A1FC=C8B1>CC?<8KG<@A@BC7?L>/>5C8<8G05=6?B??9F?@9B9<:4:==69/A>?>>=<>?81C?<5A;AD.3>8<4A<94/A>=CCKF>>84H4A<@;AD2:?>;DB@>=@;2?B=<0:0F3?:65AA7A8C=3:?@F>/@=:?7@>==@34<6EC;FB:CAE6D7E<4I6BD?D3>F@C?69>EDB8@EB;EE/G;=B4D=BAEDB;ACD?D@BF@@:7B=CDJJF?FED5B97GKBF973;@C@F3;FG9E2?;EC;AC7,?;B5?=FA>8:DC4?=C?>3?@L:AAAF9G;D@G?B1<>3@FB/?HGCFCA=;DE9CCC9;@DJE656>E.@A6CHCC=@@7;@?4;649<8=?HBA.83H2=?B<499A:A89DG/@,A@?:EF?D<45:@>DE39=4?4?9?D?4>85?;7993=D>D?E>FAFG7CDCDH=9K:=?AF7GAA2?;@ECDD;DE0D=DE4A0E0;6<;FABF?BB/;A6B@@?G8;H8@?ED?@89=L>4#D>?7>AD?;:>;C@D<=A>DE:=BA>@IK=B=BF<F?5ABE:=C:>BFI@A@BNH<;>7I9>P>J:E<9:=B>3FQ6;9C;JT=@:C;=E@DA3@HE4@?;==??AGC>GE=B0B=>C7C>6A>E268EHJD7/==?F4GKEJ/FBEFGC>CIB>DDJ5M>D59A9;H<=AGNDHH4HRF=DH?B4@?JA>@9DE@BCFAICME=DA?GA7DEAF=>R>D?DC:EFA7@C>>@CHA<@EHB?HE=;HD?G;@A;6B@@D63DACBH3ADAC>89AI?=5@9;D6R<@:6<49@4)F>IE.:5EC>-?B=;@AI@C?.@C=A48228D;<=?;6:E@58:A@@@C6GF@:-?;BA?><0@DH0NED;>DEG;=0<@@9<7*=57?FB<3C@EDHB9I<2@C8>>DC@*BIFEB:;4DH;C@>A:>DF5<>5EC;<96C2-@??G125>AG>1C9AE4CGHC?2?:=>DCC>9BFE?E:E=9:@<=65<=6A:AC>B4;CC32D@AA=>56;>@>DC<4F3-DE:8D=::1@7;AE9D6:6F>8B6C;CA;?8>;CB1E<3@>>8DBF<8A?<;<:B<=CB;7.GE4B=5AEBCB=8G91@9B>DA?:D2E>C??2@>6G=;???6N;C<=C@?J@F?C6@ECA9><>@@:6=C?A@87G1=4@@;7IA@A;9==?>=A>C=5?A8A<2/4I=5>E3:/BB???@<7@A<>@EGD:4I=9?DB>B8D:ABE56?85;>@A3D5=HABBD/CC5@CE6ABC0B@FDCG<;7@6CA876=H=?E@CLCB9,75FA:B;C:>F6F?=0:9?9;BB?993:BACCD>AC>D:=@CC?:>>:C@?:A?';==9E8A5?9D@8CDAF>5G?>D9>M;A;B>F8F;>:A98:ECD;??;C3.>@8<4B5D@F2>>8>CA<9:C5AD9B8BF:BD@;@<5=E:87@@C?2CG7?>8:D"/C-<0AD>C?:H=CC)>=2D/49;3<9?;;??E6=DEEA:>A?>=:9DAD=8J=?9B8BBBCB;A8E9+9@A7C0HC?8<6;07<>H3=:==F;6BA>38:A,96AJ>B=?8A@>8C>8==D?D@4BBEBC;CA>@F?CGBB@JD884F>7@FDA:?H=AFA>?H:FG/>EAJA:HEA>8H8<9?@@@EB:ECFM@FB;AFI:GG;FB?JK:6/?A=;AEA@EC;>=:6CHBA8>6D@9@C?4A:EA>CKHLKFA:C;E9@2@JOL9>:28CDCH7DP4>>A<2;D@O7NCG=BFF?>>>8:>;?AD@42F1H?7C5I;4A.CBBGAHD3H@@QCJ698;CAF:A6>EFCHAC?C6>>@>DE@>BDAG?@:A?G8C>JB@J8E@>>DAJC63@?A>F69C=FDGC:=<<7E.A:=F=?A?G*I>A>?B1C98@4D=D-@CC>?=AGADDC;=A5/==FCA@V<1:@A::B>*->D;A>B5B<@A@AB90<:5D:@-:;>@;AB=;B7;6AD74=?@>936=4:>:B>E?:@BF8CEB?8=0@>BE4B7:<<>CA3;7?:4>FF;@.:23:/;E?9:=5B>I57?,=@A=C3;;<=6?7413===C?CBBF,2:;EBH>9>E9;?:/9@8>BB@9I@;B=E=<=GCA4;@>@B>@DB@?1D@C/:=F@?6I+@B?874=DB?AD>I5AF;@@D>F?CJC4A89;=>>@FA6AD=BD?9;@C3A@=H=9AD9AD>C>?;:4ADF:>6AB6IADEIG?E?,GE0DD??A:4>C:I@6=??>>A8368GD?B@F?A@@99?F,89844A??;>>;6@=G4>HBAEA<979A@2JBE6C;;D==A?@>ACF>;E:@78@B6:D>EC:HFE:8;<;A;?:B,B>96I7>CF@:6AC@;D=@29;>>:=?5C-FE(CACC><6173G>@E;D4:HAC<>K7@CGB57=CBE=E2>4DA5><79=90BD5D?/A<:??;;-F2BDC7G8>><@B@E7C5/>A>?:>A9@AB@?BJ>;DDA?L=B?=CBJ?@3.>87G;AD5BCBCHO>:45JKB(D58A>=DB8F;2>=A>G:7CI89DB:CG;C>G2>A=GJD<:C>4;5G<@=>?EL8:BC@DE>EE=;6F369=F;A:HDCEE5EB9G3ED:>BF@>::E8ABEFCL-F;8A?;:@;KDCF<>ADJ?=EHFGD>>=DAB6@>75A@?:F@=BB<<7B=J8:E;39)A;A<9<1@>9=>BJ@?FD==F'C@?4CD=:9@90->=?<7D:>C4:G@A@B:@7=ICALD77@+CE@DD-E9C>A>DAD7>A=9C8>>>6;BAC=>>6556>6909A;L@E;DC<2D?4AC6C151C;;>B>E?C@CD<7<@67DA0;<>8>A:?;?7>=BD6=F96?@5>:@0><D:HF;8G:DC9BAE;?:=:B=?C7?@=CB:;?03>:8B>G?B8E<B>DF/=<5EE=@A@?F9?C?<8IA=>;:;?:>3F8;.95DF=>D?C7B@C;C?9@8B/=@<>:C)B@@B@??;A;7D6?51D<@AID;AJ;=C>E>99=FE:<;/???:B?B:><;AH9:D95DGCG?F>FA9F/=<@B@==C:;?2GB>;E?DC4178?BE4CFID=6@AAG@@JAF8<>AC@F@:E>>=6<>LEA;;D>7C?=55B8GE><.::@>DB>6?A;@C@HA>?<:9CDE9=A84?CA;D@C879JE5DD3.DD:9KD=3A8B@EE8@?B=?9>AD6;@8BE=F;GAD;B;>A:890@8:AE;7?@4A?C;5@E@B/7=;EC=@1?H17G5?G<8EABH:HE9B=;C65FFF=F;;7<@8<-ED9@;5H7;>8;8F=@AD@;:8EDC:@AB;:BI:883=H@;?=A8?7:8B?77G1DA>97NEB>9F9@DBFFD./FJ9>=E>CA8D::@F@B8;@J??@3F8FEC@9-GCCC*F@J;:<5+G7@J4C>B>@,<4>0:7;F?A7H=G=8GA=7F?EH>EEDCD=DB?FA6>>B@GADD62ED@1:MC@><:I:G9>=BCCEA>@KJHFDM>=>:JK:JHD@:@F:@BO,=F>7=B;C5@3GFC;KD@G7?;=:CA=C??<:D8AD:5>B?>AF>:,?<7992;=FM6CCC9IHF2=DH<:?DCLAI7;AICGBM?A>DDEDK;I<@E;H9=;K;GA?E=N=):D=CA=?ADF@BG?@FF@AI<@E8EE>DA7KC?AGDNC@<@FJD.D9O?C8;:A2D;N?A>BB=H9?:;CD>A==?BF?DCAB@A@3LANJDI:6>?H19AOAA8C:=CB89C91IC@;EEBE>@=/A?>@ACD;@?EC;BAE?O=8.A?C98D0AIE=BF?/:;G>?I@@DCA;=7*.@<=<:ACP4DD<:E?<;C?;<=?B?A>97.G5:AE?1?3JA;9B=99?->B,>?:<;?2:>ADF,B1A33@B@7A:I>?:><5>::<@F@1>I=CE=@:67C2@P:4?B?=FC9EOFG5>IFACF=DLCBC>>>:FCF=A?G=F?EA:49ACD@CE9A=9@7@AIC=7DFG8<4?8CAC;CD8?A>>C?FCA<7=H>@BG03G?:;7;EAC=@@<9AII1.6>@:AC4;=;DB=AG:9A8:;A@:8A79B9?BF6:@6C>;BB@HA=?>@<<:2=3=@>CD85H==@D5G?6:698;=?;<<@>AC73>>?>C,;:8=88A@:DEHF8=9BBBB?7:J59>D=E#;2<=B@?A/A:<99;6E@8JC9=@<8=<;?8CD?8DC6,GGC=5;BF@>A===C@=9D96;B9H?G9><@CE:@>??C@DD;KBBD;C4C<<9GFHB@=8G?BB>>>B9:FB:B7E9?F67B?K>5C@B6;H6>DG>B5?D?@H=18:7?9?=:?EF@CJ89@42@C?42E:AC@888G>;B@;G8H@;:HA7@;B>:B?F7I@?9A0@1@JB?B>E;9E?;;I=?@D;>6A=?BE?9F@@2??9?@B(BGG9@=1>;9:=D6BB?E>)BG?@@8:8;B<@AC8HC:<5B@BCB8D>?559B?>@4=?A<6EC9AFA?DD@BOCC68;EHB=G8:76<62@@=?G>E?BD:C:DDADE@D4AB95@2F?4C?J;74BK6AF>/P@EFG1E<3A:B;;AFID?HAE?:GJ2AC<6@@H=E=6F6C?@GKGGBBB0?AAAE<@=BE?E:FF5>F<=F>9B??E>:IDGFB=<;C5B;?@FG6B8BA<;?DC@(9=;=/B;4D;=6:DD9LJ@98A?E@CB8B97ACBF?G?D8A@7>??HH=?:C3M?0:>;?4@BKAD;IB6;GA9CAMHB:BB/IDB@G6ICCH5H=B@AB?CP6JNOH?>//@5PADBCFBL@F?D@77@?/?=@<<09BD@;A:CD61BB2AEC?.B=M0:?=FD<:K?>5A>>>D8>IB5@4@3:=C>@F6F:BH;;MA?GG>3G-?B>45E>:DD=33@3BACF?>):A>@K<6?7B48C:C2F8:>GG9?8BB>C4@;A5C>AC>CBB9@B<;B@CAF5??G?C47=>;;DB;B4?D=-EE@C9:9>7/P><<;5@GCIE6EGD:6;E7@B:>B@EG5=5DABF:FCH0=CEEA7D@D=8K?@><9?B@A?@9/@B8 6>E?M;C>9>>>@2?=>=;;D6?4<5A09>D7>B74G>;>BD9CEA3A7:?AD=8:8>KD<3=76FCB:?<;<=D>5GG<22>B@>;@C>4;>.<<.18<0G;?GECGB=77@2FB;F>F>C=>@CG7@B>A>B2;=<>A11>@A>@85C@=A>A2;<6F:B>><@?D:>C9H6;:>DCH<99;<;>>2A6AB)6D0:C;:<:><8<3(D=F>E<<:JF<-;<GAA=>>AC9>,>D?>C=>FA;<;4=;>B>@C=9AAB-><5A;>FAD?C@A=E=?2>=DD>BFE=@@==;A9=<F:H6@:7@?1G<@@DBFB<6AC:1=8C?C)D:CB@02A1B@/398.469>5==:@?=;:AA;:21;4F62E?@BA;88>0.ACAB98FF2E==GC7@7):?.7D;8;62D=>4=>:B2B5*?85=691>7>F@<1B;>@B3=:<67=F:0::C?B=4<@<:DD::9:7BBB1>7D?7>AA49FC?>A@:@I@CA@AB@7=/F@?B>:=5BA=D@6C@@H>C:<=C<EA=A>M6;FE=EE9AAB8C98A;BD?6@>DJ;CC=B5DE/8J7<:C9?F<78=;>2<=@<5ACB@>>2E=>A>JEGGA?GBFKB7GBDEAE>A4DEB>4=8@?DFB;KAB3;B6A:;AFDD@BC@3EF:=C=@F??E5@I?AFID=8?KL>;M;:95?E7=C7:GAK@;J@AEH@GL?H@LE?=D;@G8K;GE?JEEC/I@F>AEL=EGGG;MC6GHEA<=JFE@?9ECEEA:?EDD@=@@H;;DA6E4HJ8;>B@@CFC;EI?AA@/;B;J:G@G4:C=A7=H8A7F=9E@KG:IA5E?>=8?=3>8==EAC=>>A=2B?A>BE9JBD>@F@B7D;@3:@HAD0=A;:>=D@?:;EB:B?9GCF):=F<;=82M@,>;H>AE=><7BG?=B;BF7J@???L7CF?=AA?@BA>C2J;>FB>??>5BG><;?@DI;?C<48@@D?.B@=1==14>E2E@=CIBDA@*KB@@A?5A?2K>?E9A?D39;9;C=7F>5B(AEF7<:<6A34?4@F::4@96B:@>/1@3@@'>G2IA>=D2=?89::4@5D.@B=?@@5C76?CD@E42D6D?@<;?;D62A>C>>D.?D:;=8A@GD,6EG<@AE@79FCA?9;?B5;:=BC@CA=EB26>C?C9D&2<;2<@:E>?8C@GB:8C585AB8<=?=8><>EA<<<<>CE4AA;AB6=A;?BNBA@8A/C<67=BCF@E:<@>48A;A-7A?:A2;<=B>0>;;9:<5B@9B<6B=G1D@@BAAF9:48=GFCBB4A<49E9@H;A?-F557:>=?@B>@>?=F>@@;>>>C>D<>E?AF=F?9A(C=@>D;H9EGC@=@@>8I876BDA@>>A<=<><8>E?@C;=AEA6D?;@6:638?5?>8>9@G@5DF0>=07>AC8<2=??CDE5F:?;;>IJCB=1=7C7E?@;:?/@4D;@?@B?DG7I2F@D+95:@5C@898D=AH8D=C9DC8:8>>:;C:97?084B>B@:6@?@0:6398EGH<:C:31=C@9C=>;E26B@8KA<2@>8EFD=>,@<3@65E;@8BB>@;F?;95BE<>LH7>A;CJH:@D;:8AEJIK>B;?D?>B=B=A<C;77AE7GI?G>?;;?:DGICHA@E@ICFAKA5D;==DED>AE4A?8BC>C@?D>BDG?;H;BIE:D7G8??-D;9I<85J2376CA@<>C=8>CJ9=@7@L8EA;EG1>@7EA=G=I8D7=>G<:8@;GBJ?BAN@EBC=:?EE5DFGLJDF;:ABFDG:CBC:B?E?6>8B?>A?@GEH>HD/BCA7E9>>EHQBC8CE2>A3>>9>?FAD@9B>8C?@.FD>:DF>>A>=@@A@9?2@DQ>A;A8-=H;@262G>DB8@>@@5D?-8=<>/E@G:CC0;:>@9??CD;BJDCA9H<8E-A6ACB>GD=85F;;@9F6E?;K?;9:7:C=D7@??I>>?==?1@B@;<@=AF>@:<:H>F,;F2;C0G>D;@5?G==5:97A8>?)=6FIJA9H;=E9BD:CA4;9E;A?;F>E=9B1>8>N>A)K?>7=E9CF@??H:B@@8799>A:<3A>>7@6@L=,D=9;D@CAFA@6AA:DC>ADA,>DG@B>2>C=/9?>@6>F5A9=<@AD:?FB;?2J58C;E?<45:E7@0CE?A?JA<>B<08=1>B66<:CB;?8;A?1F9BE8CDA;/;767E6F=DE-BBA?:D>?;:D@>0?B>;:9:F@<>CG>E>8AE6?:>B:>D=>H:;9BC@=>FCDA?8I><<8BA>-FC?>;?,8D@4@9CA==>F=89BB=<>=A9>;@EGCE??:A@;B;8B>E>HAED7??@?>;?;9=D@GE6=?>?;E<@;3C@6=:1D15;?>D?@@?A0BEE71A:8;9C<<6=:DGC7D@8C787G@@2@1G@=;E@C.??;F>>8>7=C;C?;7>;D>G4C:443FE<1@<84>A@CBA?74>?5AB:B8F;??5C:=4:996@::;==C?@;.;E:=ABE=D?B5DF?=ME?K:F4F0A476E@IC?B4BKD;AGB>FH7AAA:CGG>F?;?A@8?@?@BGCG927AB=>IADFDD;A9BG?RB>;G?AB;>@/6F=GFOA=FABCB1AM59DGE7>?:A>E??;@D>D@@DA799A>;=DME?;B=?=C@3O7D<827=BB=BA:9KEGE?+=?7>B???2E6ECA@>?CAG7?GDJB<4@AGGG66DD/CBB><:DCH9G=F:BEAM76C=@@?CA?GEGDBLBCDB?DHGEDAD>GGKAECN@9=FG@CB@@MDF@CBABB9IBMEC@EA4>>@C:AHBAQCBB@EOEEG7>E=BG>CE:@5B;DG<>C6A:.3:?=8H8ABB=A;E>BCAB?D2B7B?>2:85;<:9@=D>7;5<;8=E<;>>4F>7:EC=626B:E@HP?A=D:C368>;;9JI,67A7>=86;BDG29F:?;>;?45GB>A<7B?BEED<@@D7C/@DJE5F>>E5==@D/BFBG?8CCAA>8:K>?H<D6B4@:AFGCA8D9@9;??>C:=98E>?B??9D7G2BA8;;6?B@4F+47<>A=:E;>1A:9FG1:B<7?3@9=@=6B;:>CG4B4/DD=?:BB5<<:L9I@3/@8;8=57?>;C><$=@1C:D87E99?:<@H;=?G=DL5;::BA=>B;>8C?DE?=HB@:<@?=9<7IA39C6;?A=@E?>@D@D>>BA?9?7<0><@?A?B>L?B=;HE89@5A=;?GE;C9;60CBC9<:>>GF:0=>6B:=86E>I<=9C6=@5;==A5=:FB@2FBD@=@>49<@;;>2:3C=?=.@A;:9HG>E<2D>BA9?C5E>A:+?8F5-@CA3>F4C9=8?BF==89=8EDA9?IB?:A2@?B<:<1D>?;5>B=>@4E4>DC57J@7AF29@D;=C5;CD5B<2H:99;D=<<5J=??CG@?9DDBEBI>,D?=<1=51G@D@2>GD?C?@IEC>=?:1@:>8F??=B751D=;?:C?5<78>>;J>I2>8A;@C@:>;A?I<<=C>CGDE;E?C@;BC=DB@9E:B@=C::6@G@B;C4CFBAA<9;EB1G>599;4B6F*?>5:9C:*>=B@C=AB?IE@>@8@IJJ=A3<6@?N<7H+8.GD?FGA:5G6:@CJ?B79D>CF8EA?FF@F@A@>F;>:>?A0,<:A??5BCB<><4C>A9BEE:;-N>A6<7B:GJC=?GBI=A@=@4@1@N=AGEHD<9FIC7G4@8>LC51B@>F?<<<@@*3<=8E2:N58C?@;@?F8E;DAH9=EB;@AAE;=H?@E?EF;LKECBFAIAOEA95H6I>@@KB?5IHJDEQK0A/>>53<<;<:EC:D98(:)8B@:==@A;DFH=4>G2>G;=;D>:6N;6E@5H3A8E+5=D>8LB@::9C@?C2=K>9=;G>A>@47?8A9;@BB?A>B@A@?:?79AF.LI?@2:78HK=A/E:C?I=B=D<7B@;C>+;554FC=0=?5=7BG5C'<31;J@8=@AE:0C=>AE@7B;G6C:E8AF;=H@?<9==<8D>?9H@::F=G/<<7;@CAB>J?.DB?@A@>@BB1>;;;FKBB7>A9<7D?;EA?A<9E>><?A99=>AAA5(;=;4B<9;:?4@<8?6D4?898BC4??0?8@890D=>@=B?7EF@;.=D?A??48@9'CAC98<>@:=;;@>@:@:@?;A?;95?E>=B7><6B@DC?<>?@=@@35;>H@@C;B7@CF;80CD=@@9=1AA;2::>A=3?+;B>?G>;3A91KGAFA==C82>@FC4BF>E>@@;AA@:CED:GB=?8AFC=AFG>IDC2CG?A@FCA=:0A=EE65HB:>6AC;C6>84K:;FBN>BC?G>AI9BE9@>@CF@=D42AC:BDIF;C9<68?6@:DEE??EE??><94=@?>B6:CD>@D3C<3DB6:BB;DAA;>C=:=B9EH?F<=E2?FBDA=;<>A>8BAD87:AAB7=F=D?:8@9E=F8>=DA;=:E@A1?:A>@4B0/FFCBB:6:A>=>=2>@<<@<;=>2;==B7>CA@<<7(;G6=<9<;?;?<@EC@>8@=GC7G9C@D?>CA<5AIIB5@9?5F@>B=?C>899B9ICK?:AB0?87GEC@D?EA??;ED==A8B;9GIGCB;J8?A;B8A9?E;FFA?A=A@>H96J?DED@KAC@==CHE=DB@E8>?3;B=DA@FBDDDE@;E5D=A;=;<:E3I>JE?AF3;-E-CCGB@MB64G70=652C>IA9;AG=H?@B>B>;)BDE:A6@LBG;=;;>?=7<@EBCA<-HOKGM;9>GDC=>:;BO;:=7SO@D;GEDL??CG;K?HG<F>AF6>FE4FJACJGEHMREALEH@@HC7BPBA?@2EGE@GA>7:AFBB=>=F;C><>?FB8D<@D;?;*?@<:J8=;:7;A6F<;46??64AEB=88@HB=EAJ>CHA@?AB4J?BEF8>?2BECLFG=EB;7=C<;KC@B/=-@9C:8A:=>9@?=A3GB@H>E03D0GC=BIA>9AJ:5HA?AI>GEHE=;B6;HFGB=??G;D?@?D9EGD1@DA9AE<;E7:8;=D><>C?A?AC;8<@CB:C;19;69>CDB=;A61>D==@>27AE>,<=9D/1A<4<@E:6@=8CB=AA4242A1:6>574A?DE@:=F9=2DB@CC=@=<5=7>8<9,6E<9@==<>.HFK?9=:?@<85@;7>:N86I>>@AC>6B1H=C/3@H@B@6H=:A?=>@77@;:?90D?B>=8B9J@=9>;=1@4=J?DE9@AA?>;1AID@=9CF:==8AF;9<@A>@9D;'A@>@A@@.C=DA6<;@B?=@6;>?B7D@;@G=F=FE59IAB?BH:?K6D@>9;F:?F8?98=A;?=??:A?:2=;1A@A;D;5>GHCB?<0ABD@C84=C==GB>;D.A=F-DECBA?>BCB9C1?<=6C?A>9;A9FBCD>E?A59D-ACD8;>>>AA8EE=EDDD7>L>6FA@?;8>?=B@>@A?DC>=6G8?@=H;CH8:52H27B@>B?8?>5=;C=*>C=:B2EF9==:??&D;6DA<9C32=F;4AC@4<;*;ABDA?:;>9CEDK@?;G@@?488F>GCCB9bBEA)A>??E>?CF@4E=:=@4;J<4<@9BB?CADM=EA:9F>=D:7C3JC>A@5<9=H6A?B==BE@C=:ADD;HBE?3;?B?@=3H6D2@>?D=6L?C>H;H>ABBCG@><8B;CA?=6=D>8DK:EE@:C@;06IBBGA@6AEA6,AF@?:TA=;F9B8@7BEDB>DA8E@D<6;8A=CBH<=0H?G.D5=C?7@8A3>(9BB?>D@DFG3:9C?>:>?=C8B?:=?=@CA@5@BARG2L@ELAJGFEDB@@8DE>B?0>D2'7B:KDDC66G@EGL@9<.@ECC?H>G@4AFCBBA@;:?:AE@EF@AA?EB?<;5BA?BBB9(>=8C3>DK@HA:A:@>@==DADC?>6<;9;<@?AFIE3CF@CDF+A?47E;5=B?=99:I<>A@CFA=A@?4C8@;>F91?:->>>:>/4@A<3>8>CG66I?ECGGCC)7B:@;?@@?C?D;@EC19HG>/EF48C@4DDG89B9ADDGABE;>?BB@7@@H==B=??>=:>K:@A,?>I,9==BB:;@L>3?>:DE.@1;D@7;;=D6>?C=:BB=AD==@=@G;7B?2@B@F9B7@;I9>A98@A=86=@5A6K3<=;ABEABGKEB8@?G>7FF>?;9D8CDD9;?8;?C8MD??B9ED=E>F7EEHEG;B:@A?:=1CG@:D?F5FA/>=BG@?>=2>B=<@BI?4D>C?6>99/F:;@?@:;9AE7E:C646A==E47ECD>69EC@G@BE7/:@;?B==8C@:B987@G8@?@D?G65MG?=F;;AO3;:?A2CC>A=:>;:?IA;>?B?BG9GG7C0=B:EA?@IF=BB2@=8?;-@C<:DC79>B@=<9@JGD7A>DIG9@0AC;1:C??=CCGH@5G=?<8BB;AF>A?9=>::CEA?C@>7E1>,E:9FCFCA?@@:><-FBC3C9=?@5?@@;E47==A@659D/>*965.09;=<:8?A:>I4F@>0D>@7=1?>@<0GC@A;DB978?:,B,9@1B7D=<3FC/8C@6>A5-E<@==8;67.B7?6;?BD@DC=I97;B:D>?96B:M@<=ED<77DI:;B?BE5@A?6;G6A?FL8C@C9@@9?D2ED7@>5K6:>D=C=F;J8AAB=@;=4>CBDDC>H>>:FE2@BKGE7L?FDCEB>>EAE@>CK<7EB;9D=>EAD@BF32=DCCUIAA:9@SK=L?>AC?HALJF@BAC@=>L<4AHF@=IG@@28D=78CLM?H;FGC@?H=BL?@FH=DD>:>>JB?6B>FM8:GDH:G2@>>B9BCB7;>>J0E9DJ=F7BCH@:8?A>GB5EHFBGH8?1?8;C?D;JLEJ5>BDF??99@FC@ADGEC?@ECB>K8B>;I5;G9=8EA+DC?B??;EB/74=E?LGJ>>;C>3C@C4=6BA1@54DB*-:AC??G?>5==8@E?H?:F8:@<<@:@=?C@@=:D9?DCCF:.++;G<@/9=@DE::?:<6CA>87D5=CCC9?6G:@F<9C:BAH>8=GHH@=97?:B49:A',MCF569G7@;@?H4I74@J;A?5)8=AA-@G.2HA=77E>F=CBC>A=:A/>CC>;G3B@@A?>KFA<,9C@?>D=>9?G?CDGBI@HC;EA?=A=FD=DCA9:DA;;B1BGB@F4>A=10?@;><8@F=>?;AI=DCB;??>@D=EL7A7A?-J7B@?;>2;@?E;,7A=;E1;G;DB=;97B@7CCB8@G>=E<:::=B9A9?B@87C;=@DA;7;C::B9A:622B>8?CGE3C@A:>=B1=C2@EB6@B>6@;@;56IB:B;;6;=GACA?@>CD@?33A3;/=CDFH@>E9D7?A?=5;==JCEEC?8;(BE9=5AA92=>>=49;BBGDB?BA;1>:;:/B9C;ED@7>A8FBBE4BJADC:7-D49C@B549>>C@B4;
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fC@7E;@77GB>@E9DE=@DDCLI@;?C==HCAECDA<=A>8@9DB?GCCJFJFPEFE?II=?FB=@?4>79==D?;C@@A6BBI;4AE7BBHEG8@9>;CD@/@DB2E;9CGIJED5GF?BFE:@=@0CA8;A9B@>:>DB:BAF;?9A>K??FD8;BEG;:?<>E@BEA<;4@A?AJF+I=:A:B@EF7C=><<9T?DA=F66D:A@C>>+8?A>JCH@B-C@=:0==A,D@6?A/A@@8A0A<@I;?;=7:F@@;EA>>F946<9=.2BHCC@A<+;??@J=B=:4>@4DEH3=K&=7ALA?@77:49>A,4<79>3D?>9?@B?87<,8A=6>69C=@@;:EB=?7AE2>GB1B:6AB:D71<8E7A>9=M-/>;<8G.;B1>B89@3E=3=:;DE7=9AE>>B:9AFB5?1:D*D2B?25AB<7=5=C?;D@FEC4E:2?@K:7@@@':@;?ECDDH???+A9?2.=;=C=7:;.4:9D43D@8>)C>1:;1??55E>7?2B9D:;4?A;?<;;9D=5<-8?A8678BB=<;77;>2=B:0>=?@?.>G9I??<6??A48@57A@C3>9C7>40CE01?=3@;=?:BE:A?;>=>C>>?C7;4*.A@37=09?A;D4=B4H=BB1<54.9<>D48>D49<>72?;1=:>1?;C>:A.:<1?4DC>;>;:5:A:8HB=3<<5<9<=>>@:BHC@27<;?@AA4D?;@>AIBI9?=499;H2G=5@@A9<>?6@?A=BBH58D6CG;F@;848E?;A8CCA889=+ID:9DEE;8*@F6H@?@KDB9CA=77@;C?A7A>>6E6AF=:@;>JDC>7;@F@K@:@B>=;E=@?CEF@9;@?:DFDDEDDD?>EE;A=;@?D;08>C=H>9?=>D9@5?FJB>>=@;5@?<=%@CAD?@9<=IE;<=;8BH:ED0A?B>@BC?BE:=AF7B?J??:>7<=B;;CCBAD@<2915A:C<@:<=@C7A=FDD5>?@CHBD;?B;@AE:>?6>C6+BBDGF98<3>6J9A@B5:HD?C>8@BE6A?H8>C?IEBD=7AB?29D;:L;FA=CE?1B9;;D:=7A:?A:?81AH>I;??<:@=A98A>5A=@<8IA:=B?FCGB?3LBCAP@:CFEB?B>>8?..=+9JGDB@8;?AK;55C<4G3BDC@IF?L?B=J@AABC@?AE6=B1:?@L75D;=>>9:C:9>I35C@IE8<:E;87DGEE@>AA?4ABFF?=AHE??A@082?KAA8B8BA@JK;DHJADAKE?G?J:F=:DGB=:3=25IE@M=@F32DFJ:DA>@9ABA8?4'<6@KA<@9BA5DJ8>?H;8A:D?=>A@FG9@AA6;9EENH>4ADDF48?90.?=A;HCA=;6DFE9@C;7@,G?E?KCN?FA6=D1A?2><@==;@?A?>@GC9;HC;9?+8OEC?A2;8;?7E@4E8A?@@?B<.AA9;836=H/BE/:BDDJA;?;8993>37?A:;?>+?A9+4+<@@*<7248>=ABE7?D<:;D:F0CKF>AC<)3<@7@>>7?>?DGC0<36;;A8?3=@@@=@F=BA;<5;K1B=48;=<;?3=?H=<*D<@>;E:;<@@B?:BAA;B@4:AMBGB=94CE>?;6;C=8:=E==6<83>>>;G=C:8386D6@?>:AA?A<85D.6B??-2;@4:2D>7@-D=9>>HB=?=.?8?:1?=4>?0@;;>?D3;D<9+7>=;?@;A8;C;B2J>B@8<91==9A79J28D??-5DA>9B67;->@=0@;;;ADDDA=>?42<<;:87:H>ABD?@EE:<=9?<72>>E>=5B6:;F;89B?H7@@9=/<7>0>?=7;7B1ED9=+GHG=CI8-=:98=6<=>;=B=E3E8@C;IE;D6B6/C?>@>-GC?8>9>D=8C?3C;>?:,B;4>:C>=><;A;5>CAC3@>G84;8@?B98=FA><<9:DBA51>9C0?D;0B@;E?@;>ABC7;,J8AE?C@<8>FF;+@BA@;A?A><;8E>=@?<;0@>F9CIB?==F@@6EEB3B>B=F?CEBI=B@F?;D2<=ABACF4F>=B@6A=@@D:>69DD>@@=IAG=>BCC0I=GHF@;=J?==C?9>AE8=:BG@:AC:9BD?9@B?C?5CBCAD:3;I;@=>7G?@GCBDJ@J@?A8?8?@H7@DD>@<<>@?A4?CEC@;A?>;@DD;B>2CD9=C23B@>2AECF68?BC8=;:=E=@7FF;.9D>5A4CA>3GC<=;AE6EE7<8?H-A;G5=7BE61;DA@9C:8G9G3>9BC8>;CB7==AO3=>>@?@49@>@D9@A6AB5/IH5HB<;@=;>=>=;BB@;@HL=<==@B9J??A/6;DB96=C:(5D@1:>G:CC>>C5FCAA?@6?;@@@6D6F;6:F;<:BJE>@4D=EG;E@CG;B:@@B8@B<7COG@8;D:H>>A?7?FGFK>Q9IFC:9A5@;>B4BJB@8@HE8BF:BF@DC>>;>9LA9=?BBCB7A9:@1=@B>?AJFBB6=>A868=?BBFE5;5@BD?@3BL?9>CA6E>BBL9:@>>C?@D8/@,L7:CBCE@<=8=:<;CDE;9;8AA><<=A=;4@:BA:9@;59:/<9E0C<2A@>BA:E90CD:CG?;F>C2>M6B=14.;5D==@;I4>=>>:<3=EB:8?@@AND983A:<;<;.7H?BD<@::AC:B=;DDACB96-LD>246C9@;4BB@65;GG;=DDC5=<=C(?A@:<@A>6AB6>@?;#6;:8*?61;M,==50A>;GF<:;A%>?;075;?B<><@C5:A;G>C>;BA<:>BD:I>@B?A4?>:;991D04@@@9=55@BBF;==E8CC<<??=?=;2615:?;@5D=8:?79;:@?=>;C2F@3=@@:=7<@)?BA>39C@7<:5>?@F9B@B538B6>-,4>7;0C@52<@=?@>@==@.:>@<<8C?@8F<;1:<>=B@7?:@?:A<<0F4D@=D>;===73E?=5=64A:@83B=5.83>C@4<6=9>BC;7<@5=9?6>?:5B6I97/7BE=9BDB?BD5D:8FB:>BB8:355E9>8?5@C?BD4EB8@13BBD6@C?@><2A><>+?1D?>67?A>C>A;2A?DDB=@F=:=>=;7GA9?:8AA9F5;EC:@68AB=8<=G5:=6CF<38AC?CJ2:==CDB@:>BC=B=AA::F=5C?>;;:6:<@H41>2;5=CFC@FH:F:AH6:A>7?<9;B8?E?I>BA4;6F6IF;@@CEF;=GA><9?EC:6E8?GF1=::DF?B0?>F7>?KBB:D38>J;?EFFC3E?E?<:>>A>@E@;F?A9GAF>?@>=;,4I;8D?4B;@A>FE@?>@FC4KCJ?BA@A?AFELFI>?GCC;@@99DK@;?E;?C:D;F9B5>CAD<05:><87C=<;65A@4DBD9GGA?6:@7B<0EEB99B??B8E?AB>BF7>D<>G>F7?8;D@AAG=156BBDF>E=EKD@;AE:HE@<95>A;?G@A>FGE=@3=B>BA@=5N?H@A>F8DB;?9>?@BAD>??BI;DA=CF@D<><=5>7E=?;F1C@B3=6B@89HA?B?AB

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`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eÈè·f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ª¯ÿÿÛ™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}ˆ’›{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e\X?AA=EB:?DA8=I9EB?6;EB6@=;66>FB:=IC?BC>)H?;78B5>@8DE>E@PD6CF<>>8<5A:8>>7BGAGC0>9E@FF<<;K7BBA=E>C6;@B:=?A;C>C;7;=@1C<95D=99<<8H?@;;;:>E:E=M@><@7<>@:@DC9?9<@GA<6><=KBC56@;?E7=KG:;>=:B?3>>8@B7FD<;>C?<9@@B<>DDDBDAI:C84;@A@:C*9EC9@;ADA7@;9JF<;A@:=I:3FC88:=?@BG0I;K9?@25D9D=D>C@<3BFBB<;A=.?@A=>H<7@B7;C?79=>9AE>8:7:CC;;A@@C<5;A9>-1:DB=4C9><:9>@?@76?;/?=>;<0@A:<6;E64D>C=EE@=;3=46=5?49D>::B3B7E;8F9B805@D?9D=<4/86,D85<->>595:5A<<A=;@7D:=59=A>BCE;@@>:A<:GF>=;6A3D@@F@?D9C@1:H3?=1,DB05>@8@A>HH:J@:=IF4E@:75?HA,98BCI<=AA4BA7:@@D;3??-C:;=@<=<@=7=?FCB7;4BG)>2@DF=?>/A=8:=7=5F8>=7?B1BB;6<9A:CG4@?<@BBA9C1272E@;C:E7:6CC>4?::8>>7@:@;:D>HBCD;>1>A;A>:78=:56<;:<@:=<9?EF47?E<@9CAC)CBFA:A2@A+<>6;LE>?8;>D=6?>A?;ACA>7;>>B7M4EC,;=?<8@4@=9?C:=;BB=D9I><>B?;=8D=CBCIK=@G92DA6@>9<>@@B<:3=18?@E@7@C8D>BE=<8CA61>?BCHC6E=57?DC;E<>@9?HCA;<::C?BF8D@;4:D9:@;B+=G8AC;<;F??95:>84><39B54G;F@=C>1@?EI79=>@DB0@8@@=BH@B9B;=/CDC<>@:<.C9CN==B;8@EC;9A?<=:=/6:76>?E+=D=F>7EE16?B@=<@C?=2>?53A?AA@A:A?J?;G:?B9EB@@?@=>@,5-BA:8?B6@H@=>ID@DF4D>ECDF>;C6DB?I5H8A<@E95?CD=4<+>C7=?B=GB6G76N:8;;<3D/AJ86@@BC;>=>6>94@<1C43F;CCAAH;=D,ABF==1?E=7D>C:4@7ED>H8?BBA2AK:A@=9@HDC=@?549H@GFH;JDBG4@=;@=7<39A>J8;=:F;IE@=@=>99C9?FC;G5:@FD<>@EC@<F?59D?AANGAA@=1?:;GG?E6861AAJCBE88A:/:?E=J89A;<>A:F.E7=D?@>>H:=>EG1?<@9681C><@EA?A95E8?=<1B93GJ<=E7436F6D>8=C>>(8>@>@J5<:AGI81?C@7?C=>=385A07<>C;E46H=CBFD?<=>B=E9D5GC=D?=@5=:8>?=>C>8E:@K@D<=CFEECFG@@=@>@>DG=:)I:?D??2:@J><9E:BFD4=:CBC=BC>>:A?@:BD9/EABDF8F=8?8F0<8EC>C@9B'8>=3DA93.@38?8B5;?D3/A5?4?8A5<=5<>=9<=<6=E4BF4%%A<9/>C7@A:;1:(;91@A>@+1>??=7?9:A;?:63;<0?>=:4;8A;(@@>9;IF?>@6J5@>?E>I88<::2@57C>:E5D@JEA6==;>8:B7=<:;>84B?AA02<8<:A8;6>99>?:;BB@F3DBE@:BDF6B=AB,G?0E>>::CBAG1A9D:D1=FB@;B2E@8DC;;/HA@>F?:CAB.B9?B;;><E?-B>A:=1=1D@EB??@@<2>>6=A7>9BG/C;6?E0AA07B;D;64<1?4:EBB?99A@;>;>=3@;;274::?B3@.4>>IC2<@C;58C>6;8@AC55<9*DA@>CF?>F<6=::B;;D=;:8F@39B>39B955<;D>@;8>5D7<=AE:F7DB9@<8IG(;F7C93>0?C?;;8?C7=9DAB?:;@C:?661A>@>;??AJ@@CEBGDBB-<>5@FD==H77>1?=5B=C3ED>@?8=C@=CC<3ACE???1>H>:@BC@??:5B=<99AHA=7A@D9:+A>??5?@4<==;CDA?C:D===AC?:/@9<<4D?=555:?B@><@6D;>D=:<7:AH;H>A??A<9>-?>9B@D:C@?A=@@8<=GD;<>CBB@7:>@;BBH?>A;?74C@0D@79>1?@>@28D9><@D=><7H2>@9@3@E@:=:<5;D;<2;>@DF<19JA?=@G@@.E8DDIF@@>C9:=B8E@1E@:9D<7D5@;BDB8>I:@=761A;4B;?AFA=D=81C9J<=:@?@?A9::2;D7;E:14L?6?@A;=A:8B@J@C=@=@9@A;8.::BAA;CF=@B>98BFB>8=AB4A63?FI:;==@C9D>@@GKEB;2AD=?5M@C@46>;D>9F;A66F5AA==D3<8@9E1FDCB8@6IF?56'3>FFGC?B@=@>=5;9CE@EK5?5JDCB:;BA+EI;D5A:GA:;C>;?9A;F<*954>53C4C7<@E9?>,:FJDF@;BDC7D3?D8E88C+@CA;DDD;=G?>?6@?JACDCE>;6@D<>28>CB<@9;?<8L=D2EH;A21B8@>==71AD;?B=J@8=7<8B>?=<7@G=A=7:65D6A9=50;@A2J1=:=>@;>;8@<=I>?C;;E97>9B=CFF?>A<>?9;:D;?D1=*9?<<=?0?;C4;5>:BF>9DAK>9>CC>@?AC;;>?CAH;9D=0==;=6E7=;=?;@HB7=?F8;=E=0G;C>C9>A;84B?7E>A6>CD2A>??@H??DEA<87=?=C<9;F6A8@C=B86;==>:?ADA;5B?;BEC?@B?A?8H>(8A8;>/BA:6.E:42?=7?>A:?>?BBBD?H?C666;=A=AA8A?C@?@9C4A=>4<@CCALCDF;?78<@>F@<75I7>=4=:;>>6=EJ@G45??282@AD;3B==<:=8:B=6<9?:6/7=7;2A73I9J:18:>A>9>42@0C?B;?;<==;>>5;;?CEF?99>79=<5965?8A;5=:EI>;B=>?E;4@8:G7@8CD?6/@1>>@G;6@>9@==>C7=AJ@;G?ED?=C=<:BBJ:I@@:>8B?:<<9@D:=IA=E?39?=@AABF@;@>HA?E=9:5HE<;C<@=D=<7@D0CHCBB9BF@;E9ABCHGCBA>7??A:;.;EC:BC?@B=7B7<;=@><::<::<7?B==GE??4A9=;;J>?26A;>43?>I:988/@?=97?EAAAA=8>28>>A3>F=J:5B:5B3CA?@FD)<49*C;9;;B@C1=B;C@-F3?58@>4:/BGDE984K9@A45=B@G@D@D8;AA7B=>4A9=@DFI=A4@=8AE?=L=D>>D=CC0@B760608>5@730@B7.;:GA@F3A;>0JB@;A?7HBH6?7=A@?3;3=>>::;>9=:??EGC56C?<@E@>>A;>8??:@9D2EB=;A9==9C/>B:5AA4AC;A=?4?IJ?DA=8C69.1D@66@@;;9;A7;JD=@EDA;@7>:9B@;C9D6C=:A3E@274?:<09J@J6F:51JDGBB8A=@G?6>=4H=5217E>8:@;GB8FBC9949=8C;F4:E?F=>C?@E-?85>B7;M>'A6>0BB>6B51AHJEG=@@B;C>@B8C>M?.<@:9?=<>;FJ@6G49?4<17@8DB9@@@7A9CD:.?@79=>=@B?8:BC>A?C>3=/:8D563H1B9ID@A=H>?EIA@:JA@;>AI/:+F;6J>9BHH:>H?;@A8>@@D>6@L>H<@@A>DE/1;I@CAH@:)FA>:<@2?ABE;>K>B3AB:GBE=3:I0@<:=0C4A3B.@E8:;875A:?7:<@B=<:;><5AI@D8ECDD2E>>;>A?BMD;=B?E@6;BF>B=<:>@A6@=;>7?7D-A1@H=%>DAA>@;=4>@8GH=AK;?72D70G>C/35?A<5A=5:?C9L8CE>;@=>:B?@=0A8?H;2=<>=IC5DEA>8B==C<=82>5>3.@C?=ABC=??B<;@;?BEGB5:@>1>KC@DA=>>>@B>EBAA==D??G?7DDE=@B2@B<=3;A;?@>B?=:DB:A9;477:><8G;?B?B?C=?@F0?D19@=G=?D=C=DB:14@C=9@?;D=:=FB<=7@<75<9C9=@C7=??;84=2C2CHA?;;28=;5<02E:?A58?>=B8E2EE69>;DB6=<8DG@:<=?7FA;8;?@?8)?=I@H:<:J?B=;IC0:?BABD=4?@:3H?1AEA9'8=8167<28D8?9?>CE@9=?>??F3A@C?7=>;A>@=:9B=@<=<8;6<8;?;BD9:<=E:@::CCCB=C>?@3A;@8>DE=B@?>8?:6-C5B3;A?@95@J<??A4:=;7A?9AG5?AC>:=J9=?@;A=E4:4?FHC>66?>=HBCC:>8<:6>=87>E:<8=?47>>3E;54=;4=?8@@<:;;C68:CC=4:G8<:CIB5C@?>@E@DB>=<8>E>5B?=86@616>C@?>:=9JA@FEE9=6CL@?;:@0@8BF>>=?@ED=E8=6<4=6;9?=E?DADC=G@8?K;CE@JD<9AH6;AMC@<;2:<;=BB@=:@==H@BA<;A>A4;=EG8D@=A@3F@K9EEB<@DB;1=4?=:0>AIK7:6IB3?@:<@=::@;FB;27;D:=H==CGAED:@>IA9;CC8=:?GD=I9A+::6B:=@LBE?6???@>=D>@BCFKE;>9@:>D9B?6=9=GA:8<>@4?8FBJAB?@AB>4=>>BC=B:.;;H5;29<;CD8FCBN9EED68B;,9C<9@=<.>9A?9?GB@E@6EQDDDE<;:?D?;@7=B7AD;.=@K-=A=9CF+8;AG1<4E>/B?1@8B;?:=E9@0P8@.ID?6=EADDBLA;F76A5@BCB.B>:A957<A-=B&<;AF>><69?%DCA>B:2>+=FC6=:7<8;I@A:7=8><5E>;BB@>5;:B1D??>C@@1I><==80F@?DDAMD3=E=:>;7D<;BA71?7GAI??=?4;<50B69?8B>??6=>:?==HI;0=-B=>=,A9??9C49B2FE>@::;;<12A7?A@B;9>6>6:>;<:7=88@>E=8::=A9C@;979EAA?;@B78D89:2=?:?9/?BCA:??;?B79C<>@;@@7?@?C6BE2F::>BCA=<;?6@@A>7C;DB?E@AE<<6/@@>;D==C8;:?7>C+DF>?0GABCF1I;55BC=@;=8GA<:59=A82D@=93:?F=C<=?=?C?B>?2;F;@=GD:AD2D7=;6;?@?2F1?9CBHD67?;9)=9=8:8B9E:4*:>E4?7/?>;8/3;9AB5:?9>;FA=AAG=4>>???D=E7><@3>@;6A?@37>4E=3@?G;A;A>:D>:42B+B7D397@16486A@8@DC.5974@EF=6G@AC@@<=9>=D95@4B;A0G.BB<947;A?<@6AJF=:>:@3?6?>?>B@B>>=9I78.CB59:=CE0>D9:@;5C:<<0AD8=0J5:AB:F5??C;AB>=?D4I>;:I?E>A@C8A7DH?EAG>E@=:>?DK=A>:B@C@BH1DBC;9B<C@@A5>;G>6H>@@:=<9;EGFF>DD:=>><.AJK5H@GC<4G8D@>DEB?EA@==B?<>;8AE8@F@>F:@@:@DBB59B:BA?IC;B7E=CD@D;FID@E?D2BC@?DE*=?3B@@=IA@4>88:?@C=:9<@?@J>N7@=H9;=LB@>?>>@?9B?AC?JNI<<<;??E@EC0:>C4F>=GC2=3?FB@DA:>A78@C>L(D>=;:<=G?G:GDEA=IJC@*DD4I??F<:A@=@G:ACI%=9D;C56MIB:5H3DEB??EFH<1:@:>4A?99=8L8;H5E@B?J<1:;1C2A=@547F4B27<5@BONBH:DEHRA=69E13>A974FB<=@9?;>>8;@7>@;9CK9A>@==KHH=D?@94A8DD875=D=C>?:@89HE=?BDAB8=;@/?FGEIE7CB7GA=,?HFBBJ>BB7>>EJF8BBAAEB6?7?>D9>/A:F+@6?)?B<95<=3=;<=:@?9:=@@6?D?>=B5@>C:;B;85B@:>DD:2:5>6E@B5B73=>6:C5E@;4;3C=;3.>@6<9?D8B=A5<:B9;?>B?5>=FI@1;=0<@@;A@@76?<@E<@?5B8@E<7;6?<>>27@>B>:6>?<7;?6;9=99G5EBE;2B;>H<@-<9G;:F?B=@==59<9>D;>7D=7;D47;=:>AB;58E<@7D:?1=BC=5:B>C<;BF;G=B:;@;9<C8A7;:BH9B:@>:@9/8>C48CA>>9:DB><=9=09>@5>=B9B;@?:AA<@8<@908BE<;6>C<99;4C;>:=8@G<99??=@AB9G==6CD6C7@:C6@=8.?9@B@=D8>K;>>E>@94<=@2IH589AD>B9?3?5:DA?>8BEDB8;6C>6776=7A:?079?808;3=8BI2;;<53A7D9@96<:7GC>EC4:7==H8CBD08EE=?:F6C9=8B>CD8?@<<:;DH>?A>AAD=A<@@?B86H?C>@M9EBHC:>BDFF>C?69-HF?=A?=1@?:90DF?CDBC6HD7@AEB?9C<7<@<:=E5BE@6A.;BB?B53?AD@?H4>@?75<@@>><>9D3B5C:7J@?2;A>E9C737=53;G?C8?;;@B9?C89>HG@>@CD?B@:?JAD45?CF?B?;C?B9E9F;>:>G?6?/CC@>@;=>?ADA>3GC9<@?1=>BC@02E>:>9ED;;J@?DIIH@ABFCC;9F@C1?8G2EK?25H7<9B/E@;B>DFDH2>B.G=CDCAG:,F8?DD8L>@>@C<9@==9?D>0;?@0F8<@AA=2OE;=DF>0E;A6:><=1@@@HG>@D>>D;:L:F:;:>=O>BF9CGD;B:CBG3OG?LIA>GC?<@=4BJ@B4<:A:G7ABA6?EAAO3;QI@:<.4?6HC>5?I:A<;7D;C@9C5?AFA?A=:C=D?82>G9C:C@?=A?@>CHE?E<@@>BD:5E6GACG:47@A>9GB7PA/:;@ID=>JA>;C?9H6B<9AD4I=A=H=BD>=G@H@D>CDE=J8GD29DEFEA3?:BDB8?6@;88=9;92?@@DD;@3CM8<@,9-H@AB=?D@8C8;0E99=/6B7NGA@5K::7=4;@CCEEAFB@?>AAA58C59?:0C@H@3?+?;6@D?;AC:7=DAG89HA?>AE.5H=A3?E;F?8AB7997>892D7D@A>F4=@EABDH1B=:9<:>9=<<89F?9=8:BC99:58BQ4972=?@MMC+4B>8AD>G9@=A2/C::=;;848E0<;E3@@4>BF?<3:8;>F4A>=<:9AC?@?8@=B0A>4G>E9D@ECB:?=@><=/A<9>@><48F?>1:B8B>B7@BD9?4=8BA>@?B9C?<;<:=<5D:A6:D6F=C9B/>KC==K?7@;>=93B=B@6H?G<@>F?=4;A9C7=C=;?>A>6B:B9@4-=EAA7039A>D>@D?D7@5-?4@C?@70B4CBD@;97@;=17DF>@;D=J43<.C18BK1<;A;?04E1:>A@D2C8=>;<16C>B<=?>9=:CB@:E9C92597;BB=>;>?8=A48=;C@=B???9:9CAFD78?4?B?@=AF?AM??8B0E??8?6B7D%D;J=,-:G:>7<69DBH?6C>B7FJ??6;4=>=A=6>:E:A:>5A6G?B6<<@==@.A>>BD:D:E>7>?989??E>A5?6+?<>3B>A;%>@98A;AA@<:@9?;>7<@B?689<=0DBAC;JBH=D:?@:H?7?A=?;C57E>D>:C==4?9:;B5BHDC=;G;;C+:=97?;E8:6;F<6?<3>919=5@D2>;9?A?BHBB::34=2@?48D:?B8;+8:?D=%C/1CC<32:=E86<5A?KBA4D>D6D;8BBE8A@;3>;CE4@9I@?ABG4@A429@5ADBE6@5>B@G>=C>D:G;?@4E998=B=7HA9@BE3D<8?>AIH=?:KIB>>BEAD6>BA9>=4=<:=;;C?F7BH7@@AAE98<@:3IT@=E9H?><1EBUCA8<>?8<;7>F2AAA=?D:DBGFD@D@;=48?@><@CAK=AG@C8E;:D@BGE7;A7EAC7B>;=AH@B>5:;A6@I@9?=B:D=7E6EA-969?FBC>@<<84DG?GJ=J9C;;A6>A91@>=9<;=G9J;@GB34=7ANEE7A6@=EB:C9?:=B:.84>FA3>?AACBBBB8?:7F3L;ED0Z@J67/47;D<>;<9BCC67EA4AB6FEG7BD<3>8;RA=69>89?3;9:;?8EAG/@3+D=A0:JA5@A-;=5KBE?::G5@8?CA:C7A9:AG2=<6?@8J<=@:;=,@?:>:A;E6;38?46<0;9@BA:<=>@A;4>9?;E9?8D/@>;;BA@0CB?B>:55;=@A6-A:8B>A<:C;>@84E;@?>@->@;EH<5>=;=4CA/0AB7>F>79=7<>>;?;=@F<:G;AD6:?BAD8?;E5=5A@HAAEA=DD6;B?=:EADCB93A<6@C?8A;D>C7EB8=:,7D=69@69@@>5B>?<<:>C-AB;=<===?=@?=,<:9;>986HCI=;>3E=C79;ACA88=;2:1<=F1:B8G@:B>=6;>=.(@F?E<@?ABB?B?@B@7A>::AFA?7DI@76A??ADB>3?8?@FC?+>>A=B8:9ADC@C@?>>7KC5E7:,:63I3;?@GE9E>>;EA:8D9=>C3C=CD?E@E=:?B@;B?7;;C9:M:@6?8B<>69C95CED=?=0@GFB>@=<8BD?D;>ECGA@@>9I=:78C@B@3><>CE?=B???FF7G>A6/>BK>>=EE<>AD=HF8F;DB?=E@HAL>/@4>A@:A?E>G4?3A@;@L59>:994D>B8AEHA>B5B9@;A@CE>;E8A;=F?>BGA>;A.G=3:8=?C?=@:CC<8:PDAAG<4A@=9?>NE>C?>7?9EGC@D>?<@=?AA>:>BE:BBB2?>AEB?BC??F?6B@4:>??=4DII>;;D2:>27=>D;A@A7>A:C:;EA?C?B:BA9AA2;B?;7C<;:8BE2ED;@C2;KDDE5G>7B@FJ?576HLI@=;E>GKCI-<;0=>D<CDEKII;?BG@A9I69=D7=C?ADIDBF?8D;8=6AABBE=4B2JC?C@4B8A:CCD;C:>A;EC?/@54?@?EAE8?>>+9)9=K/?6BE@L==<78;D?7?AO7>AB;=>:>;A;A?=:A;C8@=AAE:??:>B@I9;@?;2?BA1@AE?;MGD;C9?;E8C=7>>C6A><;9JD+@>F:G29LA@?7:@;4@:B4:@AC*825;D?=:D:4D;??>>F-9A<=9;7<9?@?>9/9C:GCB3?DC45>><@>=@=A:>@===@59DBF65<6=B<>>DD34:B?,<5D@=E?8AD><;8G@BG<>DE?>G;B>C@;AD=9=@D,>:FA5=>>:A@B?A:;>=AG;<5@A9;9>B6>A>B=9@D27:85075;59<2317F=0;6D<<.?<8BE36:68:D9?=@F@=C?@C;=D>>>>=AI7?F7A@<1FCC>@>=@=::0;1B,@A;E0:D5;;:+E927+?B>@<:?<@:B9>FDFA>2AB?89A6ADDC?A<8<@?=G?=3;9D;;8B19C=8?9@>0B6=8CC?I8<=9G@C8?6G8><=:>>;;<6AD@0F:+>I@G9BB@A?A@@E8DBF;?CBD==CC:5?8B93FC<<8EH@=:9?D693A=:.F==GLC>>B>E@88>B<=@<98>F=>5AFA89C6@?=6G==A5?8?A>>;:A7BA=G@:@A=ECD>E6F@D=8@?H9D@9=CD@B1F3B5A>>?;@ABE>A7>C:8A?F=DC::ICD@8>)@@CC??AC67A>A;E>;8A4?3<;.=C6:EB51AC?;E>>BH=F<=F>=IBHB;=K?DE?95C==3L9=<0BK3:??EC==AIB7?9FF?BD>B?;G7@@D7JD4?CA?G7=FF?AD;?4=GA=?3<0>AC?=M>GB@2ICD?@G?5H59=:DB>:<=CFD8DBFIACEA4>?@:LH91@@B@;8>FACB;B9=C>E>><9@A<@@CB?:@CFHD>DAA7@6;E6;B>9@8CB?=DI?8N>BABJ>=8@:BC>BK;C??>=C9B=9@JFDD6<=E@>@A=;D?BBC95C9D9==:B@:DD-JBA>2B>;>0;@4@9FJ@6@@F>BM?B>@:9IED;<8?@BA:@FFBGEAH99?B?FGD???<@F:>?E99?JCC@ECEC>4C8EH2@>@?ACBA1=ADD@E9A@A=OCCCACDBD8<>?=?DL<@BHB@<9??CA:9C:E87=959:*?J+=@5<@8@=C5=>ABD9@BG7;B>A:E=;<=EED?0ID<8>:??B?K:78ED>@;=:?:>9G83/A:?9<+@D?=D@C;3>6:>:AB=AB6;?E@7E>2C?>E@DA>>=@<<;=;59@319>GA<;A4=8;6FF>B/AB>:ACC@D@;6@,F@0=62;A8C8B=E@FIC>F;BA7@AD;?F=:&A/<>;E@B@?.6>2-?@<=?.L@BC=?7A;:?B6IB?@><4BBC0CD>?@=C;H:E==?I8B@=2;<8A>AF1<;?@FE;7DA@D04FB<;8;?B>3@=><89CBBK:?1D16E-><-946@:7@==<;:G777AC5<6;:=CDB)4<7A;>>;77@D><>>2B0.>0@A;=D=<=B7>>>?1;BD3@D:?@89A4A;E9<9I?:D;<@:F;:2@;:66;>?8BAC*F?B0<@2.=;<@C:@J??C*6<0@A==@=?D?;?@A=>@B6BA?@KEC<1B?C;>:C<,=@A@:8:35G<9/B3B9?<=7AN=AA>;C51GG@?=:B@E;AHAFG9@=BA;6BC@=B?FDBKEA?::@>?DAH>AD;4B>FC=9FID=@;>6AAH>J;>AAA<@;4?FC:1CGBBAA;;CBA@2C9=F<>7B=CCADB.>C:=FK@8=D:><;E?@GFFEBB@89?F=CCHB@@C:DD?BECH5DA0C7;<>JA?FA@HB?A9H?GCGA??;;6;C?:D=7<68ADDGF@F>B=F>C;=6BEH/@J9:;<6F;2A<=;D>E9BBDE>B6=H8D;<@>=F9F.99C=G;E?AB>E<<*96IDBB?=C@G6F7=@B<;E:?BCA7;@D9CA>@<3CE68C=8D;>:BBEC?8?;?D@A5<=FCCGE=I5;D2?A<E8@BB;B6HC9@9?>7B@6F8>1ABCF=C=>5DJ?D<@F??4@?A?<>I?B@EI6A9@CCB?F.;:GGDC?A==8<=8B?HB4=?C@D:64:C8BB;G?DG@HDF?BEAAHEH@8<51CDFCDDE?;=AC=5A=:?DABE=C88>IFBDCI8E6?>:EA9>DI69G@=B;>:?=D@?FHG@E=>=:A?LDDIH<@F?;-JE?DC=<9I:@=5B=?7G?CB??SM91D6>;@@C=<=?:?>7F22=5<<9A8?@8;:=D;EA<33=8BE4==?@B=EA8C7H1;A4BDCEDK=E?@=A;;DC4E=C7@@>B>@C@8BC,?AD==@>>F?@:1;0=>:5D?D9>9@AG05;A>4<=@K;BA?E=:GA:59>@:<2@:3:CB2?3D?=2.;5!?8=?;H8B01=?@85@9AD=AFB>@3A;A?C?7?>CA:5A:?C7FF>E>FEBAD*C6>B@JAD;>D26?=6D>BB5=E)=;;.>:>?6977>B0?B?>C;?:AA>?>2@?;HG@F?6>@,;C6FEH=5A?>;?>;B??>8>62?8B<@6:;8C:>4B?=F&D1:>=A?H@??E5:2:CC,@CB1=:;<5;A=F9<785E<>99?=.?A-<@G>C7CBA=:DG9=7=>=B:5779=CB8>==>;A:=5B><91BD?C,B0E:8F@>B<1<@DG9=@?:B;?>>0B9G8?A=@:;D6=A65>;B3B@=:B@7;7==:@=6>FID:?9>C;BH<@:9=1?A;=>9;>>@;B9:D8>A=:;;>7?><7<4>@A/>=@=9D4;D<;C92@:=54;E;9;9>@/>B34=?==;<55=7=?@9E:F::C833AH;FE:AI+<=E>=L4E?;6DABCD;?@>I8FC;>;;BD<=:L@F>AGB>C<9>A5D=@A@=FC>D??DB>IG8A:E??8DCCCDHHCC2=@FB>@@DJC>8B@L?ED=?=H??63GE;>GCF>CB:<@C8@3<=DFC>A=AHJA@?2?C9:;HB5H=BABA;.4@=;9FJDE9>FA>===BG:=@;>?D0:B4DA>89CB;MA<@C>9BD.C=H;:@;=B@1=E>46;C5HA?AEFHB>D?DM:=@-A3HBAG?>?=>BF>?AA9C>A?=5F=7=E:4H>BGA,BE<5FI::D;>@=4J<CC?@DC=G&EG<89A>8.CJE@:=>C:7AF@6>;EBD9@DCFE;@G;DD9;K@FB547>A;;BA@=I:AD5<@;HBG<3ICAKBA:@>A8:=BG<=>69J;:F=@CH/@?>@=8JCF><6AA>=<=>=2AL>=>EK?=.5FF>BD<6D:1C?;A1CEFG=;BA>C:?AB97B@B>7;;D7C97A71@B?@=?3LFCEHM=E>N?H29?F7F=7>;B2?E<;F?B>AG=>=DJC?BDJ9EI>?DGIH8@>>EBD9B0A=;;?:%AA@@;9DCF?A><>A==/;@A@DBC99A@2?@<=?CC6C2A;5DB69<@BE.?C;86C:768==B>6BA<<8:89:?944<;D2:EJ;B@C6EAI>@G@0?6G@9.7EB:6B0?=6>79B>?#=C=A<2B9C>C3?B<>F=3@==C86812@?3;<<:69@@;=BC0?F46D37F;C0<3<;BC=92=2;OD:D@??6A=C*?7;7@AC?/@;*?@7:9:<>;?A:BBC57>?E=?9?>A=E,<(>H??@E-5B,6>9C@A>A:D=9@4:BAB?37>B?E0=B<0+@5:;7G:8<<@4B@CC7G2:D?9??76@/GCB3?AA<;B<,?;4?<7@@>D05?A689B7=<1BB>D;@<:>3@@AC=??E:?8228F9@6@DBC?-:,JA:9E8EAD<<8B;0A>D>?@I8>=:A=?5A-I6B@HK;@?EFA@A??C@DHF>B@;CB=4EB<>FH@>BI:8<=>89?B2;B?=<6:,:;C?BH?DA9@8@>AA>8B;?>F195F<;C5DBC:5@?DCG?DA0@>376:H@:BB59?::F=F?4DA>G><8=BD>5C95IFA@@@9FFA9@H5::C>+KB>9AF9@;>KA>BC<<9>0BAB?,>H1:AD:@A/?4C8=F;3?;5@CC:A?<;=A;BB994>F,G@@@A=>8E?A=4B6C5@:98;A>177AAC=5@C<9>B=@D+E>DH;CAE:=HDA6ACD@3?8@=B?<>;?:<>9DE@HD1I@=>86<:;?>>AD>F;;.AA9:CD?8=-A7<67A?A@E=FJEC=:@@4EBHHBE@EC;BDCA?B>?=HAA?@?<;;A:<@?>EDJ8FBA9>CFCCED7G:@=FF;5D>=>A;EKJG@=@:8DID6E;;HCH6KB=E:GC?@DC;IAAC@;CF<8D6DG9H?D;81:D=>@B=I:CC/>@>AE>>@BA<4?BAG@7AE;;@E4=HB;A8DGB6IA;@?QC;ADC9A8BDI4@=<;347MDD@8;M?E;:2>CGG9B;?EH?5:9=F??2;?<>?C7:>3>CA9DC@D:::I8FD=9=>?K>E9CHI@8GE<:=ACDC<:=E?ABA@?;B7A<8B=GA?CBA@2I<8C1@>@;>C?:;A=@6@1<,CF?@KBB;HC8>>>29@A>9<50>D@=B;BF=:7;?A3B>C=B?:A@:;@B2:A>>?;==B:<46;AB5DB>=@:GH9A?;B?@<6>GDC==A3>@A;E;G1DAFB5CA;8?=@=;A;<:9@@?B6=7@D=A;8/.?">-8BBF-AD>8;3;FFB?>:=46@<>;>5AB;B@?2?<.G4/A8*;B;@3::DK>@?:?9=;2D?99><6;8?2:?@7F<9==>>B?@L>7?;1?@CC?F7G9D94,B-@9<6;:<98:>8,:@1>D9G7;8=GD*AB:B8>6=B<<@@A37A<9?:C5E/-<5=??@BB=7BF@3;<4J=3E:G8@2@>4<@<@M;GH>;?=A1D@53F9?:9;;4E5=?<@=B@?=7B;=GB8@=E65@=D?;D;;9=B>>=5><7?C;@?C@?BA<=G66@A?C?;=26CC==>/IAD:FD;;C6=J<9AC>G?1?C=)C4>>C8?8><8>H>A?>?9AA;:8DC?D<@=@C9C@A=:=B?BC;3?B:B59?;A8A>>D<=AA:8A:?D@C3@;>97@>DD6:<>A@H;A@?7DC?=@BB4>1B99BA@>EC:>2@D9=@>0G;9A>:=B;4B@6?=,A=I86?CA??B==B7CA>@7@A@9::9CD>?8??BD@@B=H9A=E?<=AE954;C@:E7C+;999D9FCG<699CE0?6@1?;?E?<;CAB@BA?=6;D@C7F9EB3KB>D@48>8D8=BHC?=A87;CDC;>@E?>DA0J=A?9FED;A7D>7:;BB>687@9E>CB46+5;ACE@JBCEIA;?@@F:9;B;@>:>49:DB?:9?DC?>?;8:LALC>G6F3AA:9DB@D=A;C?;7F=>,EMDG@?BAB@G6@F2:B9DD7>AFBID@74DC84@BJ@:P=CHD-5E:CD=F?8=E2HGC4>BD,D?CEC>2A?CCB;E=:??=C7:F<9IMC?A077H@7;(E=A@507<>36?;:>B5B=ABF98?E33B=9>CFB98;=?@=BIE7AF?CF=4=7AL:;@<;=H8GB:/>?E@QI@-E:0=@GB2A>992=F3>EDC=?>6>@-@@4DA7E26;;=C@;B:6@>>J;096D7D,72AGB;5?;>A;=>7<*>8BD7?=>I?><8;G:7?AEA=6<==;;8;BBB2=>?CD=A@?8>=?1E?;A86<=0GBC@?D@A896>A;>@?9:=B?@@DB>EHCA8?>=BGC;9A>5<5.F<1=?A@C=9F@5<87>>;9GF9=GDA<4=1D;5@E::9J?>@7@@>=;9BB><24;C0ID=D<:=0;2E7B9>/:=;6<>:>3??0ABB:E=93C48D=4:A8A?+775:@>8:?>4?=D,AB>@8>;>=AAA6.>;BG9<>C:?+A??EA=>:5<@A@>CE+>=A4DAD:7>:=;1>)+@F=::@<:B1B5F;:/4?:7A1;@9B50?@=DB;B5A?;5<(CC5?>8E@:.8>599<<@C42@BD@8/E;;;B@A=8EH??=,?8D>9?@?*7K;;<82F?>>;@B?B<=?@;AD@?A33C7>=><9::=?B9A;?>;@?A=7<1;=>6@@F>D8:8@G76548998B<=6D:B9C=:2C4@@@D=>2;C<;96/>>@BCBD:C@@>E<>3CD9IGF5?@B7A6;@;H>BB;A>=A-1<9=AF>>9:<>E;-5:AC875?89;:=@47C?@D=C?>DE=G@=:D;?<;?;@BB=G@-?@?<>B?G4EADA5?DB7F:9?86AA6=7=;9E>>B8<>BE9?5;>BDF799@:7@;D?29GB?I?:HBCA@<>D>=D9B=B<>A6BC7DBCAAE5>@D;?>>H7BAIA=?>C=@DE@;7>>BA6=A7?C>;?CACB8FED>=>I7?>A?<>B<9>@;D7?=B;CA?BABDBBJ9=<9G:,;;BDA==3;;@:A=;;3;?B@47G5AD4>7:D1F=@@9BIA>0>27A:A>>F:E98>49@C7?=E:@>>IC=I;@5A>=8G:FDG@C>@EF<=;BE38B?5@GAH9@F8>BC@D7<@A7D;?D>@E9>B.>3?IF>C>;@H7C:C7D:JA8FGC=9@C8GF;?G@94@B8>DAD64@AL:B:;C??74=CCAI33B<@>4DCF>G=9;?F/A@D@8=@ICF9*GG<<,@A@B8CBDC<==EGA@=?C;A;;@5934>A:5CG-?>?(==A593D5AA?BA>?=@F>?@676<:C@8D:;?@?ABD+B5*6D?8>>4F<:<5<8E>A?=FCC?<:;A@A=C:G@AC15BCG>=8730DF;A9:B@3/<77=?=-E?:C;;<5=EB===J@=9A?>::A=>:;8@7;ECC@3E=6>@FA?1B4<<;>I7A6=>@?65>??>A8=DE77;DJG9;?;E.=A2;F9<63@10C@6=<8E>7@8A;F7=C;.17=B@9?A?>:8?723@CJ>6>:5=C?C.@6?A6DECCC@;69834A8?;A9?8<;>H=>A>BE=JD<>D8CFFC>>C?A9A@C4B>C>8B=7;A5@>==@>?BFAA?E4C<@<;E@;:ABF:B>9@?>+B2=;=6CBB5;??/:HBB4<=:>:;;@>?B7AB;?B?A>3B>;ED4C@87AD=CA8@9:A8B=4A?1C@-@7B=D@>;9B7:4>AG;BFB?;A?AB5>C7:C634@C;:FA@;6=AC>-?2<>>CB;>=B9D=59<3@-32?84<99@=EA<)C5=?38D;<>,CE7?5@EA7?==8>7:D:=8B>===@@<9;;:@BHD@A=3A??@;5?E789=EC<;.;3CB>>A>D@>B?;@EA3?CG?G@9?:AB?ABEG@FC4;L;3B8=>D7?7A>=@BFB=BE5@B9E4FC;5;B9;;=9C5CB<>BLA6@<5:.<;:C9J=G=4BD3;AA3@@C:>>?B*D:3C2D7AE:EAE9C6>E?=>@;<<8BA>B9??EE=EAD>0C>?CF;?EEAGF??>8<79846??7?D=D<>FB<=G@?DC:9BA;C2<;B@E>BI?B19:?86E@?;5BH6A>>B@A@;;AA=9D7>>??A7?BD5>?84>>9B>D;8F:83FD@>EE7GC?@;A?=><<77;/.H/CCF?=@C>F(A7=@4C=CC9?8A?<<>CFD;,7?FCH:E5<@7>@2A@@?@G8CC=KE>=BAGL?FD729HFD5EAKCA;>:?=><9=>=EC5@7A:A?BBA=>FC?4II:?8?A88?B?CDA9A9=8I=@;=H5>G7A;GBI=??5E98D:9E<>;E>B>@D=F=DCDLB;<38EAGB;C?>>C;G4@:E;@B99E=>ADA>@:4CD8B>7A@B0H6>CE:>DFA;F@@I1;85A6@DABGA;?4A:;=B<9J=B>;@69*@AB?CD:F7A;9?@877G=AB,?83D>>?C;>7F?A>L6?=DC><4=8>96@=?>A;B==??9@E@8CI>:@0.;>?@C>JLC>=76II2G95@/:@3:C<1>;;A>HAB@A9EH6<=C28;,@:>12>@><>:?B0/FH;;?9;7=*E@F?6?07@D;;6;7??B<;D=D7??3EC@C8=5A3=AB:.9*@4<:?<,?>?8=G>C;<@C59A=;;?>9C>?15-5L@+>A8C>C>A+<;6A?=;2>8B<3(CC;=9@;.66.C39?=;24C7B9?;(J7?B:>H?-<=;2@>C9??=B6?7=;>D3C;7>B1D;:A9:2@8A>=E?D8A=1;@A:=KA982:59879@3A;;/?D:@;::AD7D?4B>=895:>B6=-7<;G@4??D4?<@9ECC?@;FD8:I>G@7<6D37?>;/:<78@@CB?C=9@>=?5=B::F2AD=??BC=CB39<6,B6?>@D:10=9BA?C8A===?6EB;>>CG33;?<3?6;>G?A4;9>L;1A93B9;<:>?=1C<;CAA0D=7;9>@<:69=B@8BD2>?@@@AAC==@6CE=A;@1CEB?A;B@<=D;E=E4@:B=>?E0=;:=>@2;C?6?;E?6B?CBC5::4C@0993=B?@=@5:J<;9;B8>@7<:C2?F7>C??*9?><@8:B?7BA/997<=:;G@C==D==;8E?6C2:>2,ADI::DB=>6>?@B98;:84=G6F<:FI8>@6L4>@7BH@AG3HAAF?>=;6C49@7J427>>?7D<<9ED4+;F:=47C5:C<7G7B7@DF4=D=8<>:9>DBAEAJ@B6:H8??;@8:98BBBGH3F7BCGIEBB7BC:1>A?B88<7<>B3?EGC4<@;FD:+>:F<>@0EB%AC6B>E?E?BC>D87BK>3:>:C:;?BGI=FBA.A:;0@C<@8?5<6G;8E'*67=>AB@;CJACD@B;Q:@B?B><@9DEC5<;7BA;697<-BBBGC6@C@;?:8<:<>?>;A:?;8=@BB<3;B=IDHHGB?56AB=>;>;;==:>:8;BD5?;6;H=?==;;%@=F<5>AB=ABF6@?8A?:M?2D9:9;9A=BEE:5>+==CCAEAC36;7A;=<443=2@=+7<=.@9A;DB5=;5<;<@>BGB:9C@9F@J9@;;;0=2C:AKKB@<6?99?9=A==7@*:;56?97DB@;E;6<>>A5<:>>08430@@6>3@A,E47;?@BA'G8;;7;?=6+@F<1@3G6K@:2D5<>7/F:98A:02EB9,:>8=;A+7=F,;;692D+?M;7><-?AA4<:?028=?A<5,>:7>?A:A;DB8??-5:@>F;C=-A@=A:.?A9??D;?;8;@C3926=2=ED==7C>1BC71A>65==:A69A;?C<@HF?=9B=;>:?>:8BB<<==B6FCBDC6/?3B@>E8:F9><>H,BCB0D?1:;IA74A4B45@DAAH;B?+*9A:>B8??EBFFB9BDD4?;>><8?<.6I&:=IC8I:6C@G@5@:@E;I9AC;89<=5>->44@6>>@;?A<4D<66;E854A996A?:>B%77EGBA=B=E@=>==AD;4>D46<>:9@B<=68.4D>CDF;F?6:E?799B97AA2;@HBFD399=;G<98E?=;B=C8C05C:>ACCA=5;4A=<<>4?D@0.??9@C<99>C60AB5@;26F<9?95C:-A>31C@/D3B@5BG?:>D?@>B@>A937@:BD7?=;FC=F:G===B3A=8C:EF2:5:;7@<==9B=A@D=@?4;B6?/?>?5::4=2;:B<4D<>=D>C<6:9>=993<@-:E:1>9B:9;<*@=G?;=4HE:49><-BD;D467?@:4B5@8=DEA??5:G?=DDE;C9==?=@>?2:H:14,ECB9;9@=9DA=D?;;EC9DA9;9=FGCD=/6D?;@HB;EEA=?@?C?EG7<=.@-@G+9HG>4,7=3<@89D6DCD>BB:C=;AF6:>99<1:;=CA5=C8;?9CF?HHG&D=DC=>=%C>;A?B@=A/7<.@CF?F=?==?CDD2I=BEEDEB'C.>DD<8;:AFCBI?&ED>>B@85GB>?E;G9<,6D5:@@:B?4885A=:EC9>8<4688BA6?188@;KBAI;DGCD;=ID=>A<=FAG?=?.EA:7BEGACA/@JDD=>;9C79>CGE45AKA:BJA<9298D@DE8H>?B@;A;?9E?@??=47>4?I;O@??8BA8=?E:::9=A=?5.;FHG6?3=::A@BGL;=1CADD@8B@7*DB-?;4G@6@@6F??<7:J=6;?0$2:.6?>12-4<:2>AEA:?&B@;92A;?=A3@2E=1B;@/=70E)@715799A8:2>=A?=7?4=3>=859>C>:2.;<@HBE?D@75/?BC>?/AC<&9C>*>@??A3)JCE>D;?DA?=B4>)9D?A>8?;AA?;9B90,98.@:87;>9;A;B=33;9C5/<5D@?A3;B<474FAF5D4F7LA=??>;?A;5*B;<=A>B9A ?;>/>@9@?>@ED>=@0BIK9??@>?15DBA<=AA>:A:6@>@NE?:H?/@?C<=;:G.=/.:488G8;B0:C8<3=>>H>?=>C?IA36?@5;BA7C=D0HG<=?AE92=G3?>89G?3;::E)C6?@B;@;60GECBG@=:6Q>>C:?7>I@@C>2=<>A=A=5@C?@8,@;ACBGAAE67==A=C<=:GCA>;3>A;>7@A5=;:F4G=@B5<3?B:EA3;;;7799F869;C&<075ACCABA9:D>7??B99B>A=B:HA>;=?A:=A=1A=DDG<@G?=F7DD??8=A>F@<>@EE>5E6>?6>A8D<>>;;89=>7A4:B@@A?E7=?:C98B@ABD2B71EA?>9D2CBD?97:;@=:A>C:=K8CB=;*C?67?1;;>979.D9=A>>B3=8;?=;A=>AB=466CEIA3=B85C>?7?38>BA47@8C:9;C?CDDE<90E8=<:>C?;:G?D7>@BA;8?<@4?6G<0B<>H@DAE6AF7C?D?;<@CI@ACD@C@@>;A;4A7@-?<.4;H1@>E@8B>HB=FEI2C@D5:ACCAB:A67:D?:EDA>E>B=?>E:K7E@@H<>CI@;;>BB?H?B=<@K=@IC>@A>@=DBD@E<;==>D?<:<@@AC@H=A;<=F=@E6B@?L1A85=<298;F9>=D<8=E??BD5>:><@B4E>>?GG@G9BF(ADC69:7:?;=GE;C2HE?15EC.DCG><9?>AE?:E7G2(2A=DF@@:M?6.DC;9HA=B@?C?AHCBI?>:A?D5=BPJ@3@:;C6B7CBB0CE92D<8NAH?@F;JEF:=C79ADDGD@DHCD>GD@C8=J;<@>CD>0GCA:8B>B;B@7@=?8E>7A@;A>E??8;;ADAAKA@>A5?6@A4@AA+DD2=CFG9CA84C@DC?;>@EE>3B67B;=BA376;7GLDGE;0CBK==;.>?A=>CDIFD3H>F>>.;AFB6HC?A0C5C=@B<;CE=BCBDB?BFC=A78=>;8BB?=@<;B:?<=<1@<;>3>2@C>AA?>0A>98=1>088;:D=9GE?L<@0@?G6CCFC>E?7CG4@BA4D>;/8BI=8E==<8@>73D=@7;C6=1?92@@:?B.H0I0=C:8>?DB?1C9>;4@5F>6?<@54C7=?>A@>8C@D2:HCB>A?51<9?5;9@8CB:=6C7@:?A9<>9@8FC=C6?;A>@C;?1=28A-:D62074B25G@=A=@3@36F0180E:9>G7D7?B/7->@>@>=H8=0;?>>CJ3:;@=C976A?I@AA7?8=CAL5>;>B2G8B8;=9;7GAFBA49=:9A:0B,>@8A;6?1B>@>>E6C>:9B;4>>:HB;@D42><>8E?J=D6=;4:@H>7==6ADFA7BF>;@?DBCFBC@EA<?:@;B87?0:CDG?8@2D5EBA?@6;:4;6@@<8@5<81C:;@7)5=BHE>88CBB8<=;=C?F78?7<8D4?9=B><8>>=@8FDB?F@:>E=B>>7J5@=@C;872B7CC9?C@BN?BBA;DF<@>B?7@8>?A@9D9C?CF;=?D<>C<++6BD?;@CD9<6E;A9AAAA;8C>9?>?:<:A@=4@E??@6:=8G;78=6>B@<=C7C=>B=:=596BD@7B585=?CG99@:@6I?:2<>4FJC;A?6C>8@A@CA;?>B?C@D;==5@A?@>=9@.===;->@D@>A7=?@C5<@>:<46@>=?79@>8B=<<5;C<6886F>:;A?E8E8@C85;BDA?H6D6AC>;@<41D0G:C3?C7:EAA=;D@2=?CC6<@,7D7>C=77BCA=<6>AA=;9@@B>5;?GC@>AFF/@<@C:??=L>2F9EC=C:CDAB><<9=B=;D?9A<8C>3:9A?>><;A4NA0C8AEC?BD;D3:9?E;AC;5;H:=::BACD9J>?CF:7=>B7ABG?BE9A>?8@9?8AB7EEEI:9B8D4@FA>6?@99<<==8ABAAIE@>DC>A;C=BEB:?3@5@@DB>5@E:AH2=ED49>BEB?:6EH?=9@DA5@D:=2?8?IA=?CA?:FCDB=D;=@6?=FDAB?:G=>9K4@A?FE?BF=?E>A6;?A8A4<>?AG:?BEA@::CEC9A1G4?I<>@?7>86OD;CEDMN@?2:?D?:A@OC=:>>H=9>:DF>CGD::08D8=OE@::?9?I:AE5K0FGHC:DF<@A?AA>9:FB@:<>8F96<@>9E=>A=DF@CE=:AH4CBAJ3E;J8C>/ABB61E:G;0@DB=?C@56A>>DB3@F.@=E>;??E;3L?>->B6G?>E>:?CE7@9?@G90;=<88:C?LA@87:CB<64@FC1@@,FB=<=>C==5:=84>3B9=;;G@3=8@D>AE@?>54>9@H=C;1I@>FA7;S8D86C?C6A==;=<=A42;=BB35C9;D6<>=8;;@C<53?G8:DE@:>BB;>56C8C91B?=;>>7CAE8?B1D><6?:<>:DA=45B/7/.?ACA3P;9E>8B?@=A:=>AI2C@:A:A:89;CBA6@C?98H?@=;88@8><=H?B?B:;0;7.=C@=B<5=H:<,A<=,2A7;@CGA63BA@:>,CED>*7B>:==?F9@L;5>:=@AA?=;D?4A>?D?9@>2;C<6=BB5<;E>=A:;C=BBCA@?>B:??=???C?B@H>9=7<;=7?/A39??;@/J@C@==F6D===A58:A<;;ED<@A?HB63=@B9@H;CB@GE?9<5@GDB<83=;@?9DC9+>=8E<6:D=?4D6<8EA?8=D<-73A?>D7=AA,8A?:?C7<;=;A@;4=HD9CC80B5@B8AAB?B=E:>C46??BA@FDD?@7;>?@=:<8>9G==:9G:6E=??E:.?D@8E>=A<@F@E=@E@C;:1CFD<>8<<=7?FB:?=68:=?89EG;>?;:C?98@><53@D?<:<>B>;E?;=C><@DK=D>:A:@A+C:;A;8:81?40D7=>>?=8>/7CDADB=F03@-/=7:@AB@<7@>9DFC@/>BCC=A@A@:BA=I>55:5FEB>ACABB?;57C8;@?;>>DA4D7@;?;<=D9@26AA=GC?B;ECD>12DC@F9<6BE:7BCEI7FAB>J0@@<8@B:::H;BC9)D?BE-:@AA;?EB?@>CC<5@@CAGB;C@=-;@;F=@?;;EA90E:>B9,:CA4;BC;>?>:?A>8=E,18834>/;BG77HB87A>39>?:HB3679<;?5>E@::CF=<8D;>:@B;<@FE@>A;1F85;6F9G=D2AH9=A@=EFA>:DA=C>?:@@C4>B<<;;BADFA?>;@MJD:@G@@>AGDA>9B@@BBE?517@CC=>B:B>:A9C9?9ACC7AE@DDLCCFF:=?LIC:F61@.B>A>:<=C=C88N;?89E;79?B:A;@<>4GF/CA5@>G?=F@0=;,@B>=)7>B<;A=@D;=A=:64E@E;>@CC4B8;1:?BC?A@CF?MB:EKBBC@C7=:61C?97FBF>GHC5BC<@:E@LEF>6??BAC6;;I4HCH>9DGAGDHC?B=7DECACJJC>?ECD??7BA8:3@>B9GA<-=7?@AGD9A0=;D?B;7@@<@B;AC?698@;??:@;394>G6?%?5861::?9?A=5B=@D@A;.??AA:E9;=<=E:><=??A:AF=;4?8EAE8:E29I2==>@=7968,<;C:7D>@?6=@BH:A=B6G:;6BD-LI??>57>56@3?>B3:3=FA4;=EB<54>4=>A>;A6F=@<=FD7CB6A;=A=@B>>D>=8OBC>C9AA=C<:;9/5K<@7<@BC5?;BEDI6?D?4A<,?9A<83C@>.D7::=28>72A<;>@6A7==A=C47BDC;>74@.:B=39=B?F?B<3?9L6@9F8A:>>>E7B,@CJGH?5DC@?@@8E<2>9;A>J6@CDDH=8DA<@C97<5@0;@8GFD;';I>DD;B;A=@?H3?79(G1B@H;>;?A:E@6B?DE@E19CF?:3B=<4C?=8=:I79?HF9>EB?G;@CCB19>6:F64@C-C;=9@C=AGA89A6@A84?>F;CB;E;6>244@?AE=::;F=D?3?:??<;<1A:<98AG@??6.3B>A;@6F>B>I;B:3?=C:>?=A=:A?DDAF@75;BF?:B>A;D;DAAD;C>A4<6HGFA,DB8J@=:7=EE6<8<8DC;<7HAAEA;C=KEF/8@9@9F?7F;FD:?DD:9=5E@F=?8:A9E<49F?+DA5@::C?:=>@@H<@38B5A?4@9?7BAB>H@=C7>=?;E6D<1?#==JG:F=??BCA;=<9CEFA>?@<7A<>A@;<76G;CAB>5D@CH@8;K@?69B>EEG@>>:CB=@O4B9<=9/?>EBC9B>6982;9F7E=>??DAF8B>DA>CAJE=9E?2J>78<;7NED 4@A=?:?H8@ICD7A?=?B?>E?CCC::;:?DA7DE.97;7:?D3B=;69A8?;FE<<=??@/@@BF=7>?BLADJ?BC98G:C>@E;D@NHACE1;EKDEI9732<@D+AEB6=C0>8:DGDC:8@6BA<8A?AGH@>?A=?<=@6C=;??E>/58:C6FBECG@EA?<:9<28EJK57>=@1BC?5;AC>CB=;<8?;7IHF:BC5>2<9:CA<:BF3;C>>BH>B;G9?A@J4KE7;E?>?AC<=G;<@AE6=;BC789C>=DD6:F:<>HIDIAG@3@:7@BA>EDB6?@7JC;78<<62;<=>B;@<==8:H@?;?E<9C:79CFE9A=>7DC?DA;@=E;=BA;7<@??ED>,=2B5;?F?;2B><:8>E9;?>::E73:>6;=8?7?472L0>F9:?;CE&=8@6)7A=A2B><:D==#8;K=>6><3E?4;8>AADA=;=6;@@D:B;17C?.4@C?@9?6EE@96?@@58?;6899>@JD"L9>?E2A+@A324E<7A8:>DA@8;>@>FC==@A<;9=??A><;8B*4DA75=>?97ABD=>>5@HB@138=:<=DC4<6=:>@@=>>?>BD@=C&=4?A;5FD.:B@4/?F?E=D6:/CD@DC@:?>@AB:A?32<:;=?@ABAABACC@0BA@?2BH9H12A7@E:D9@@D?7AC5?.:;>>D">6AAE<;F7AFGA@I7G;=>;=78EC:@>CCCAC=:*=A:7=ECB;E9C==E8=E3=:@CC=@B965>;9B>9A?@<;>F@E?46F8;CA95<@>3>3?C5@3A87C9=:;<;>8D6=9;C=8=,C??79F7E998@A>@E3?2?:=8@E9A8<89;8<<93<@63;:?7EB5C499<975=?<;D>@?;>::75<<2>+=A<>;C4C1HF.G;<7E>A;?HD@E<=?.G>;8D=:3=89>E:@B=>B@89@ABE>?8B::=3DF<>4>C=FAIF<@6>2BC=4;>>D;D??9-;=C@>E===DB<3D>=B<<<.E7.A@CI6>7?.@B?C:4>?>@7:=CG;?98F9IA,98?C;F3BE?F>;<042D@:<:B?<>?:?FC=C6.?=91@1@:?FF8HG<9EGBE7CG?;=;7CJ=J?>B=2?A;9;0@GC,L77:<:;C9?=@@F<;A9AG9=>3<9B9E>FCB<=;9=;;5B?;8>H65FECAJ@?HJ?E2;;D@<=DEE>=E??=A@.:AG;AA;:7E<4E68?;?@=A>;G?A=8?4@6E=8EA;"=C5228D=;E@3)5K*;/7HC;>:.>,B??8G<4BCFAD=?AA<9D@9P?%:E;<612<>CEC=A<6H7CE?4A8XFAE8;AD;;K7EA>=JFE=DF>DBC.7?>C:F>CC1>:78DFE:C3E@F9@C?G5>EJ?;FNB7;2@@DFF@3<6ADED/CE>@5:@7?>C5J@E6>>9@4:6:5,:H8??E=DBA1=?BB4@??6A90>H??FHEC6<;:;<=?9>FBF<5B6:=+>=1>E>=>?>594@9?L@@?4CD<;>E:=A9C>I>;99@,E<6BE7B??=A9D=CBF=B?4B?B>@>FH/?1CE6B=9=@B@=@>;:F5EAA=?/:=D@C/D=@C;>:@4A8A2>:1RC=898AD5>5=IE@>2>0D=AB9E?<%CK@B6;8.@C4;A7D0GB4:/??KB64?A63;J;880;+D6AC2<895AA@69;5;/74@@;A';39>>>9?BH;JGB<@9;DACA?@8DH;D>@87-=;A7BGI9F@@CF?:A8>=I?F&3C=91>A3<@B=9D@?<=F:7A4:?D;A;??7>C?B>E;:B<@>:6F>@94@B6E=95?6F@<@:7B@?=B0/C<;5F??=>8+??9-EE5BCI><<><@I@3L:@BA=><=>CEE>>A6-BG2G:D88EHA9/695::AG=5@D<=83+=A+>;+8?<3)3=;;J>::6;=17>4?>D/8979=:?;>9==;:?>@54@?999F?D>F8@>9?@;7<6B7==E>=2?A0<@EGABF=;?I7%BAD1;5@8C9C7;8=>;?E9>E=>:E@D?<59>B>@;08@69;<48=:CG@99C9?=AB4:A=?8;E:;E>BA;?>AF5CD=<>A@?A@DBKC=>@9A>>?D>;<99C=4=6>=?;4:?B+B@9<81?BAI>C=1>>C?B7@D699H9@=A@JC268?LD>C;9AA;>H??3C;FAHA?FC>B?BA<>I@>AC<+63F8@D?B>G=<4;;85C><>?G@?C@=>?:=I:M=:@@CD:@C;=E@D&==E7==:7@C;8A89;6A@@AB8@0:C48=@6FD?B;@=5BE7A;<3<@;CLDC@?BB9?4D?GEJ@<5;A=?=227=7G?;=BBB@B>8D>E>A<9GCEC>@K8<0A@B??=CK9.CAD9MA>,G=E?6/1@0CB;@<6BC9D=F;22AD>4BB3>2=AD@8?CGGDCA<7;FF?H?@:5I5E:0E@;@>3;?:8BDG@@7C?A769B?;F<@/@7;A>7:>DD8D?>C6GG9AFA@E70B6>::@2@DB>D9C;7'E7A<>1689A5E>=E?4C>79:3@GGEIDNGG;6?7=??FH8IA:78@?DJG?B?4F?KE@?CA>@GB=>@C?E:7BE@4G=>HADA<1;=H@;=GA?=8>E7>?=B?@9@@9ABB?H7>C=9BA76D5BGA63B4373<9=8A4=2?C:53G?;BC@8AA>9@4=8<@67L?1>>IC>6>EB>>;>=FB=HE60CD@;FC<-=L<:=?FCA7+:.=>;I;79?A=:?1EBBC??E?BA8;:B@>;<?69AB>?5>?2C9.:=5=:G86A=B6>@?BB<;5F=@9;B<<>6<@=80*7G=88B50D;775C>A8C@C9;;H>=@9@9A<7:7E9>=:@D@>EAF;=FBB1>6BEE<3A6@DB808;?D@DG@AAG:E?9?C@?>8?CB8HM4:?F?B@?B>@AEAB9I==BADD@:=LC@;<0H@@>9:6AEB?@=@E9:;BHB;:<:E*9:@?FB:JC>;05A=@@.@<9=:88@>A=56=9B?<>5?@1=A='C?@4=;BCADB@?.@26@E7<4@AA9:0CA:7>E8@:E<@>C>.=4>==AD;@65G86636F@?99:JA?=CE?E>H;)D3E<@B?;B>=5=96;@>8??@>9>>AB7@;?AE4E@?AD3@7:;<<>>C67@:AB=K?;3=G0B<3>CB<97F:??:9BB/:C;C755E7K?@CC6>5:6?:>7C??>A@A>@8?HA??1BB:,75ACA>DID9DG=BBJ5>=L@=C>?C>?9D5+;>;>8;;?B:?>@B7H<=E1EB6BDAE9>@3@@<7;F@=8B@:;A=@G7CA6CB;7?8D4;B@7B@<>:(=;;B;C=4?4<=E>@@C1@=>AEE>8?<3D15K<29?C8==B:A=F<<=C;@88?6E@C<6F6A<<>>4?D?7/>>4=6G:@@HB8===E7B=@8;G=CCG4AF9>:5?7AHKA>:2A=0D96?A?;EIC3J<:E)<=B?A6FE195@>4DK8E@;,GD4C8>6DB>7ABB>7=:B9=;BF<2?BE2?8<;9;9D-B64>8<@9?B@ACH?C2:HB?=H:D?@A96CBI=:ED;>;I@?:@<8;=FAN:DAB1699<3:5D9=2;@B=@EC?AA=3FA86M8>=?F/;@9>:9B>*8?A89G;A;<=9@/6C<@<0=@B:?6A?=B>1=C>>649':L:>97?GB@=C?C:8639B,8A8B74C>?H?==<.ER;C=9CK?4C>A?A69H56?H?5C=A?C4&E84>D>-;B9>CCB1;D28:D<7E/JC>>BC=ECD?@1BBC<=:?GFB5NEE>?;8H<8F3:;<;-8=BEB4=D;:@<4BD@E?6<5?<:?H.A=,>?C;I6B<6:@BE9C@D3?>@;;;B:B8;:DDB;>8B72??<8@B@DC=:9<<:2M>7?<>=:42C9=E???<<;>@B<8::>?C@C::09D<=?<<4>A2?8:AC25?0?CD-C;@8@8>E(>74<5=@@D0A149:/H8?599?7?>E:B/=:B:?6FC5>@D=9@>>;9?890:<9@?>:B@7C=>C@A?=:FG>1;18D2E3=?4726FDDF0???C>H:;<=B>@7GAC@<9;=3DC6A>EC9?A:?@@>L1<@3;8@7@@>04?G8A-1F====@M;L793?;A@:?BCD:@;;9A?8BG=87@EA@A=?C5@+CA1B?D?<>@6:8B3C?2*;ABG>?;;=@FD?@5C8A0<>D9BF0BDCDG<7E=*>=>8F?EC?E=;?;ECBJB73H86EAFA9A?14@ID9>9DBJ8AB6@E5?A5DG:=4:6C1=C=98=@AEFEF:=;7?9;BP>8C;E<;EC=@C:=E>B@2@BD;@3D@F>?C9@05@C<>@3IA?<:?C?=<;@C=6C:>8EB==@5B@3H9A=@@@?&:*H@:==G6<<=;D0H?:489E9?;B?@<>>D47?=8G@>C.7@:6=73J>CE:;B?0=6:>9@3=@A=:=@D:>G8579C&<3C+AA?71D:?@@?BCHA>=>1>=A8>@6@>FD=B@=AC?=BBAA@AE8=A?,=G<6E:D2?76C==<8;6<;:EED@@CC>A:?;D9D27C?H:E?9=@6>G4C>,AC3:9=F?;=AE>CIH?A=G<=CGBDB6KG>@H7AED)FH:CCF?>EDD0B58A:;F8>78EEB:9=A?N@=99C?:7E8K?H<>C45@G:HC8FA?9O<<A68=HCCAL:?:8A9:5DDA=>5>;E;D@4A=954H5=9??>7A?>A<<;=@J;EGH6?78IOE45<@?<<@-2:E;4KG<>C:7>=A91><>:I>DL:2A>4=EN1:@>=::9GBD@A9/>9?;<==H1=7@8A8CF>;:;AKI;1B?>-7B=3L83=;:6><:A<;=E8F/:;;E??:>AA6@>;7@@C;38<>HEC@3+93>>KIJD=F@(;/8-5=9.9;>?AD;6<2?@FE36B:<;?@83:CB>E9<;+8<:AC1CF@9=C;??EBC:-;A=;G@DCA?C=;>B8A>@5>??6;<9>A9=3=;AB=E@@CAE85?5>?<>9F<0;107@8B;HC634@<2@CD<;;229?9F?D+A6@@G59E=@?@79:?4CM@;:%=3B=A?ACF>9CA>?6>><<@I?CC9C1>>301@3==4;<7=C7>:9@;=:A;7EAC;*:0;E2>>:::CA<0:>3?C??D1>;=@==D8A;??IF:6>4?;A?4B;?AB2E448;=59?8E?A:2@,=<8F7<9@IB>6==:?3D:@CD5AD;=:A9AB:;A>7C1DFB@BD@:82KB?6AF>A7==D=A5D7D@A90FA?8B9><=DAB7D5;A=8@??9D2D6?4C6FE@?@?B?HH=>B;6:;6>GF>7BA>EGA@D=@9>E?@B4;@A=C?AA>/8BB=997:A==B@=9@H@9E@1=969/:A9D2@E3:>99?F4@<?HC>4G7?>CDA:<:9C3J@@C;@6@G0BNEAH?B6D:B1?65?G=E7=:=BA3@737DBBF4?1DE@=6=A6B<=?:=DAG5;51=E@>7;8?;A@E>?6:88;>=9@=@@?9>@/IEA9@?$?G;FA7EC?;A<8882@D7'>(<9JB=8B2D>2:9;I=34?7=7@:1;AB@;=??>@::?JDE3=:;BA<6;@<D@A@?=E5??C1;;B9.87B;8?:26?C?E,;<;BG55E:;?D8A@??B;A@1F;8<3;D:>:CD?CB@I@>?7I3GC>G2D@@;@1D9=>DDD;I?93=@6>AD5:?B>A><6=E:A8C@?=:7:<<>:A;@G9B9<=E;9ACE;I9??)9E6><>>>H@@>6I<58,7;>9?B=>@9LJHG>99CB@==D=EFB=@IFC9@0@?G<6JEEB/7B;?>8766J=>29@E@C7B=C>@?<>>@H?F8G80;???B=??D;7<09;/?:;M:A6J=K<3@CAI8EHEDEK?8>?8-B=7>;2@F@E5<076B8CDP;@6>>':6=>>9A88?25CH=B3DP4F??D=7@>BDB9NC64;?>AE=E>=79<>494DCA;7*6;B=D=AKB?B>>B3?=5?><>@<:@:.<;B@<5>=@F=@:AADABF?5+9G3DB?:C<;HA8=-<>53;@D1:@AH@C=B:@9>>C:56=;CI=:?;4FIC<:BD9?=96A8A7>64=<;5@;/9A:;EC==;@A81;:>;<:9AB<=AKBE=7@>4GI@=6C4?CB>97F?3B<;>:;>::?4E<:CB>>C9IB?@@;EDA=DG@A??:/89<159,?=AF@9?ACA;@;;<7BHE=E<3DG;@;@AB=A;<@H=;:I>F>>?4=>?B<7?:8BB8=<9EC;?9C4;<8B<<.>7BD(;=5=A3G@A=9AC2=F<@4==ABB=:+;DC=:AL2>,5:A9D?E36?GG9DC576EED=A0<8=HL87><:8?@EAJ?E;17G9;;@=8B7<@<=4B??<@A6BCB;>@85:AFB:C80*"B;DE@C03?=E@?9<3F<9F@>=BFC:::3>E=:1>>=<8>@3>?C>@E:C:212:0?F=@F09AC91=:?*>?>@1@7A<=<3AD>=59B3C?B=;/-G::EBA?C<.=H=C:F@DAF6B?C<95=<8FA<9E9@;G@B7F;3:??B;>G?G7FD>F<@>C?:274DB8BD?:;4J@??72??+BBAA6@E=::7?8ED6AG=D;=A449BG0:H9:<8D58?>C8A>?E9@D1D5AD6@69B;C284C7ADA56@9=B:>?1B@AAF<;DF935DGCB>DE,;CB;A>==@F6AB0D>EF?>D>3;A>69G>8CH@A?DA:6==<<<4@5:987A<2G>=AED;9@7>>@?;:.;?:?CDC:A=B9H3?@>@?>A5F=>=6>;<;9A=@B;D>=C?B7@B79D@B44EHAAO>=>PD8DD8A56E-P>77D-3=DB2:G:A/E:D;DF2E=@@:E=95>A@D@?CB=@?8BF3=G9E=.5DBH7=AC:CFJ>D?;;EJ:48?:?5A-9969:G>BEFB9>A69CC??@A/@BD48F49@?464@A7H42-5AEA=4FBC@>>=1A9BA9AE>48@@@:A=EF@1AC8;?B=%;85?AA@9?B>=E@9BAE<7GM=B>@>=AEL<=A@7G4EED>6FGA847<:-:@:H??;@C=9AE;@H2;8C6CH484@C);A85A==D18;:B?/:>B89@;8=79J@8?&6<42>;NC88<7:65=:=?E+4?B?=@A12:?2B@;?2@@A@17=5;;C?AD:7D2J6>BADAKC=A?;?BD=6D?A>>GD:B=>C<546><8@8EDA>AC;=>3A==3ADDB>A:JCA58>68?B8@4EF=>G><8BB>A;7?=3A:=>=B=I7AH@947;EA<8C;A@78@A??C>>@FB;5<9>AB?<;@@6?6A%<2ADAA@=?A7@C;>:9B4BE1IF@:@C:AAAC@:9D8A;B0?A;?B;<=8G=;3@I?=;78C;9AGB8>B9?@???@?4B;7::;G=A<:@9D?EE=DE99469>AJD85<@EGG=D=F@7@3G1<>AD<6EF<:D9@:5CK>7=.EJ>GC6:BC7>39>><<@B9AA7><:8;C7>=:@:@?;=509A@AB9:9BG:469;CBC>@0;B0=;856<;78;>9F+9JB&6>ECD=45A5@A=9G<78?4@@EAE239@>;:@?95B2=6>(@<:6/<@DF?B;98?:E=;H;>C4;D>9=E5?=*A>85@D8>D=:-BB;D;=865-==A<3@@A;:B=DB;;;-C:9<7E=D5<<=H6?C@H<:9E5;19>?DGJA?C>B4<;B6@6D=>C?EA6;H7A9O5DC9C>FC775I.68?;EB@3G;C?<3;;DA>?::JBBC@<==F>9<9F4A:27?G8LF?5>D1@<@>;E-E:E7:G>8:8=>A<:EKF58D?:8E35>7G@B8;H?GHG@B::>JD:JC:=7A/G;->8A62A=B>09G9IFDNG=9DJ?L?C=A;<>A@B@H6G9BFC<;6EBF?9A36M>5=K6DBLBBB6FAC=;Q9C*B??9>C6<@8EB@6(E>8:CG>4B>=B=DB9<2B95:?3>A90A<->+@+@:(;2<=?=/G'C6?=9>514@84@1@20B=C<=A>+@@.@?C?0I2@DB5>G<47:FA?E=C<@J9BB?E.?>0E826DF?/)=IG@=+?>6BB>,;?D9'8;<>;I<);D@H=/?9AEE9<:@>;?A8F@9;>>AEA=>B>C99C(==73=;?>A>=7JF?AA;:@386A;,38:A>;;7@E@B;F?A7A?A5@=D;EFD12;3;DBA*BG8?@?;>9C-47D>=<89B@<;B8@>@@?E9:A73>H9;B0:B@ACAA6BD8@9B<<BF7H6@2A=>,>=;B;>B=EC:A@F9:3=;>@;?1A?9D>@==4><=1>@<9D?:?A;==35=9?H9??D79A=0@<;DH@:D;@A;>?;>>E562@2:?;D:=C:@B;?<><=H8D@;@B=?><@>=C?B1A>AC?>@@;5<;G48>;6:99?>?:F..>GBAB/?CC?EB>:@F?>@?/C4A>@>DB=C;I5C:9=2;963:/8:D?E6C@;.8DEA>?6C?<65;F>BB>>E=?>@?8:=<>1CCB=196@F>;<9HEGEA;5>AC?@B1I<8;@D911BA8?I>:;@>?D=9CFD:?@C;@6@7:>F:+=@AD>=D;BC>G=6G;;DCDA>I96A<9H96=@D84DH799;<=D=4@CAF8=>CGC6<7@7><6B:0?;-9C8ACAFFF@;4;=:BFE8@:6=;6E=*;@E@*56:9;,@5A51?:>98DD4G.>A3>?@=@=4/@>E=7<>4,=FB:49;>15779D25A7E;1G7:G?=>>CA@@B@::/K>:5+CA?8>.BF?6==:9E713D=.>CB@:FH59E;7>9ED>=4I=9>?=8>?AH:=EA93E@;@EK-HH@DD???:@:;BA@>878@=1BC8C34B;@J/D?/;>8?6;J?=?AEA?A;.?93B7739;A8>=F9D97EC>8756<:@@7:>:A71E7B<367;=H9>DA;G7G>C7AD@5<;N@D?>D@=A;5G@AA?9@>:9;G<>75?H=C75A:>E8779>EBG>84=J1?>H@?IA=5AA78?@<9A;:A2CG<4=8<8C@B=E?C:=?9E.DA>>??;@;AD5WB3<96>36><5JC8D:?57D9@?;9DD6E:E8IKRA<:?@ADED=;BA@7A?8@8==@F=C=C>>=;9G75CEAD>F>=E5GJI?:@9C:?CC==+B<;:>=@BCDEB33@B1H>A9CG/D8:D?B?FA8C2:BI90=>E6C1:9A1:>7M?=0<@ED*68<@C5B6:CDD=9;>83?>34A<4@C;A/A=/A6A>?F6?;A3<6C79@G7=@>A-5=8?;5I9?%78H;F05C67>BC7>@J:.6C8>@D6@6<><<0BCE=E=:=;7A9E=@C55?BA3D9<;;<=:02B:=E?;93=@9H8;6B;<=A>AB:8A3GD<=?AD:;=DMCB3@B=8?9C@A=EBBF<6B=32@9>E8G2>>??99>@E4@@ABB9>CEG@9*AA05B1AB;'=B7CB=@?-BA=@@5:8>?F6989?B<<BC6?>B;=C?;?;DEB?@EC<-8;<0=><8B?39CBBA2@?5FB>=@EF86G>AGA;4G>@?F==>60<5=:@D?E9B@;K4DC<>CC=?BB5;?F9JCC@8?A8@C85@9;@7@79E?@B?3>FB=AC;8F1G?B2D2;=.<@>@@BCGEA6DBCFJ;=G2C8?;@@=4!G:@=C87;EKCB>=@>78482A?G;=A=BIF8E:@86=;6@>B9;A?<@76:;9>1:<9D.CA=>=9=8?62C<5>C0KCB::<>B-@B6H@8C>A<C;;E4><<5F;>6=<-@C28@=?0;;A9D98E:8992;:97BA?589=08B/><*2BJ85@><6>7FEC2;;E0<:56?=7A7E977=H@=BD04C6B>@;DEA;2>?=C:9?E>FA?3JGF=D<=@C7=>?A:9GA70A7?DB>CA96?:=;7@E>>=8CB3IA?;9>86B87;>@@??BF<=A?H@9=><@F:;<=>F<2?><>?D:>@;=B@?;:8A>=;=6CA/=@68GL2GF>CB5AC>64MB98B:D?B8A6@CD.7A8B5BH3G49C68C@;>B3;>*><7A>>E2;D>56@@:17A-?<-?=4>G?<9A9?@>A/=DF;GH;AA>=-CC@C<@:D3;DGB;?:>B@BI>IA>26?<6?<<@;D?>9>P9?F;=@48ABIK;@C#G=@=NOB>>A::CA@=7:;;?D>=@><@H;;@1B8=B=7=AD@@>FH:F@M>9?BDAGJG?E@;H>'DI55DB>85DE::;9?0CEC?CA:>1C75.A;6B>0A5@6>L38859@9A?/1=?631?(<8=-28:?.@=9=B?>;@4=A8?BLB?AA@=D?87@/5CAIA7=;@?G@-G<<=9<8:2D@?:==;C?;BC>A?-B@8?E5=7?A@:,C;<>:;9BAD:<@==.?7=8<>7:9933;'25+B@2-6C@<<=>:;B<;>6FF;E9@87H/==7EG>A=1C97C?2=B828B.B@HC?DC?=GAH?7A?D=@B3?D44;@<8>>06E?@7>9?KIB=>7>8=:;==77=A78C<:?6CBB0C@;D@=GA9@E<=I-A2AEAA28A@A75:@@>+D>H5?>E8A+@7HCF888EA=E=<@@?>F9@8B3CIEA=B;<9@3AB:3@A>>?A===AB9B?E7?DA>>;?D>?1>2983D<>?A?=:6?7B>G9>9E?:;B?;@B;=8>@4B;;=@96F9A7DC?G82A1DED>+:?B:A>?B:E=9?FA6A>G9C258@:>9?;9A>5?GC.<7@>JC9AB?:A9?B:><@-?:625?:;B=60E=0G;A7?;2G:6<<@7FD@6B06A;=;:F>D9EC@4=6?AA&;C@H<92A99:D:=A?8>2>=8C579;3:=C><:=5@.ADA@J3<7;CB78@I=4=K2+0?+)=>->C:@799:==D9J8@:587AD6CA6=D@:B>7?:A?::/A;GG:>A<9@C=7=:694?;<7>:JE;C2FCB:F9AA;EE9DGHDFBC<=6AA:D=>A>ED37DAL7?E.A6>AA<@5?C+?9?>;?;5D@AE@NB5B>@9@BD>CDAH?=>C?:@>5;GE?9<@CG468<73?ADE=?A=D;7CE<5@C@=5=)D:7@<<;AJ<8<:?C.>EE;A1?<599?ED@>HGF94<4/@E5C8@2HD7<@C=43A;?7BD?;>1A5<;=<7BDAD=A?I;@E>@=>>::1B0A=8=OS:78D7CB=6.<4?:JF5=@=3B;A/C9BF::6#2C9:C:?;DF@GEI97F=5@>GE5?AFBD6@F?CCKE8@BG6A64@BI8>A93=D3/D9?IM/86<@?E@F=BDB>BH79CE9;5;3@=B?8H243:/AD918?E7;BEC;7BA*<>@===E1D@1??>=8>8?:7A:8G6?69.96:CDBA=2DFJ9C?*=C?0;A>;46>57=C;9;@.E7B2:D46BAA1>.C<17?947<3BD@=D??97;HA>>B5?=*8A:G74A@?8?B:B7D=D@CD@CCC@=C:4H@@F;<=@B;>C+<7:>=,9?B2A@F>@?A<=:B<6?8E8?>7=G6B73'G7?2;;+<,7D:6:.9D><768<>8B7:@:@6>9@C,;49B9;D=>>4=A@<15F7@>?2B>?.53F@>=9EAABC?D8<=?9.B?C4=D@CA:?=CE;:=@HAH?G:9=@7=@FF<7>A;?;8FAA7=>>BD<@F?0@7>F>A-@F?D>@J9ABA><9;<=863><>88@A8C<38D6DBDG7:/A;DACD3A?B6?A7>@>6C?C;>CEI=<8ACG=<22A7<:CD><>D>8@D8@=>@>F=E>?2D;H<<=C57C7>A29;5?G?3?C<@?:=3=?;>DA@6?FB4<;>DC62:G;7:I>7::@9=0C765;5<@>>*C>G8F8@:EBA6?=???H<8D791==B>A=@;<'CB@;>>=<>?<@IB?E9@-;=C;=;/@@>628<=7:8>;1<8;H:=4@:F;;D9K?5@C=DAADD9>?<>*5AA>@A125KA9>D@>>217B@7=B>@B@=9=F-FA/<5;F<70A@@.=C-C3:93>D6C>@4@;@CD3=A,?:8??8I:5B>D6<8:@CCD===A?>9*9;=?95<,=F2@<=5B/56@A;A=B3E>6>>02EB99:=D@7=B??27?=:;@529BD=F?>;;@::0;I=8@;BA?A?@6B@@;B?4;:=>>B><8H9?8B7BDA?C66@,A.>FB>GCAC><=E-B7=-=?@DB1<89FF;:+>GH>B:?E>@?F7;4E=1H87?B.BC;=@8DCF=HB=A7:9;OCDADA,A=CEC>;>25<5?G<;PE;B;E:99;<54>-7/:AB:H>AE9CC<88FA6C99@8@A><61FC7;L=B;9?BG??5<>@??EE=;4;>E@8>BG?7EA>D3D>DDB<;::===AG;8FFC1=;7=8@C@4>>A5I?;7:AB<?@B:=C<>9>4>E?079AC75E?-??:B6>;:;@E=::==95=B7:=EA:<2=CC2>79:CB0=69?<6A;0@@529975&<>C@E;?==BB;B@??>88D9J@=1AC<5<;;B6A:::=D8CD<;H61C?=9AB?4?:F9<;@?@K8A:BE:77B;>55?@48AI>CA>BAB4;E;84?B@7=F6@>8BNCE;D<8AB7DBD20B<=8>D>A@D=>=2=A4C347>??CA?A?F4EE;A6B;B@HB:::?>@49E0>*3FCEBBB=/D0=9C=7E=D@6C8?:0?>>>.=F=8C=D:BE>9:?EEB:A>><BBA;AFB@=@=@0I)>=A?=7;H62G>A9A9<@?B>F===B8@HGCB;=;4?@=E>?<@;C>809>>E5>?EA7@5A>C:?E7EAE@?:8?GCA<8C@33A:@4CE=CA<@A?<;B;;FC>;:0@:6CA<>@7?;GC8F@=:2?5=K;BA;:D8B7>?A7:>>C<0==;G6CD=?1=>731>;FG?ABA8>;>C;AB7=<==7EG:=?7B;D;6:??F;:9E7D6C=B7=>1B8A7?BF;BB>B.F@==650E<@=>G;>C9@2C>0@A6D@I=<<<@8D=@@I6A>A6>1@=A?E89A:8A7AF>BD?;@A=B2>6C4A0;J=AHA@?G8EB7I6?4E0.0;@2:A=@<7?579?63A:ED;?=>72DE6C?B:;?>A218H>4*5=AG5LD:D5=?A9B8@HB@2=9?3A5D@>ED:0@B=>,BK:56-7@58<;B39:A/.>D=*BB@27D>>=,=D;B?DB7959DCE=>ACD02?5:=?;=65:BA0=J=@?A.AD?<4A3=BD9?:994A:967:B1PE=?E>?78JD?1=AC3B6;I>0@>-I9=9?C>;=;3:6>?B;?7:?-<=AC1?A5:>615E:HAFYC@>CGC5EBCBK>7D:E9BA;F3@4D?C8?J7C79E39>A?0:9;A<>=DG?07<9:5G9?A?DD3DBA@7K@2;9?==IJD<;@8BCB<:==89E>9B=A:=9A;/459;2B;?>A=A=?@2>=>H'9:@@97:J78G>8A2@?B;@F+H=:@C;ALJ?8CC?D=<=J0A?<9?3@:>?9;=?/;;?8A2CGF4A7;87M==3=9===>C>8D<>1CBD95>=?A=9C>0;?88)7?A=;>@5C5?9DH890:?@7=>A@@2@??:D7@D1GB?@BC9GAA@8633?;:.D==C94@@=C@=9FA;7:1::428;?B?AAB:8>2>EEA>9?@617=C9<;<@=;A;@?=>=A@B>4HA7;@:CHABNE5<=;1H8:IB77KC;G@CD>@EDAAG>H>KDD1E>A?=GDB0@;?BE>49?A3A;H)98CB9@>>6;>1;A=HB<<5@CFB?D:4:=1?86>;?8?4?:,CD7E@B@B/87B555I?;;7CDE=C@CA<4D@===;=?5?19.4@CA8<>==:?@@E1=;?3<>>?5>0>F;8/B==:8?=:;>@9A9:-<;9;9BC>9;:=B===;AA:;:A?A=:5DF9>95B<8;>??;D:IB=D@88;9C:A;@==EED70C4>:A?6@?CE2A?A=@B@8F6=79A8C4>C=F;:92AAEEIGDB>BDG>=A>D?;<:>DH=DAC;A?>CG8ECBA??;?38==6B>AFAC=A>BCA9FCE@>A=@?6694>HA8>?><:F=EAAC4<:<:>BD@@G8:A?/BF=;5DF?ACAC:>@>D><48B><2C?8FG?@=5=A=;A3B?9>@:D@<8:@E:?G@DAC2GA=@7A74CA9A>9AB7F7FG2<><:A?EA<=??@:5G64>I;0=57A?8?B@C35?>;?;8CA@@CD5>>6@>C@=CDB8B=0?7>CF*:78:5;9;GC;<;C4><=G2@>A@;F8891?:>?<549B7G;;<05C@;6786BB<;94B<<4;@6@.;>0:G;A>@8E>1;?;;0;-=9E6KE15=?=BA>7B=59;<:2::=F);9<4C;:=A8@A>A:?C>?E?;B28<6EB;?@=91>=9=9D=?3E9;D?49<4=D;:F>5M>@9???@8DF67?.AB9IK?AM=8@=A2:BBB9@:=88:6?36?>DA>@;>2A8AH:;A8>DG:<8<:E.5K<4E>>-F=:7C@A:?<;?FCB@FA4;><>-5@H8AGGBE=/MCAD@D?>=G59?5>-@==D8G4-=E+?74GH<25=D=B5>E58EHA99E8@FE65B:9>EC=HC78@>89/9I8I:A<=C=;E=>4B@?;9B;145E9A0@8F>?BE?9CH4?ME7F?94A>G?=9ACG<;>?E43GB45H9:EG3@C3H=ED=;3HIA=?;0GDC46:<@CCGCB5ECCC@:;?>:?EDBA@;428?F?=@;:ECD>D=:IA>=C6D:I?D@@D=KK>?4/D>6@?>09@=-?=A5>F>C2@(:;)>E?;?@::/?==<:AB8FC>D9M<=<6A::F3>99?;?>?3;6?;8;CD;G0LA;=J76<6A>D<40D61;??C7H939@D@<89@E?;2@:=D?86>MH4ADG>?A=A?>FC?9=;@CD7:?D=:;>>=?7?>=5;:6>9>DHD>9D?:D><>6=D1=?B6'H:E=I=CA>3>F99B@C;A7/:9@8?6D>4>C9=166@F5@;A2<:0@9?>..>34E=;D5@,8;A>>757;>-@9B==C6?C=?>668?19DCE,>558><29@0D><B;@2??49;<:;A?8C>99AA;A@F7GC>D>@4E57E7;3AAB6I9@BC;>;:BFECDG?>C(@BD86?@>AB6>D/B;@A;HE?:>8:C1E;EB;@F:@69AA>D=I4;:;718G=:F;7C67<;9A1>A>4C=/@J>8@;>D89:A?:?FA@?C@?@AGD4=?;=B@G;GE@B3<:B:BF@9=;D@HEGB<>2C=DD@A=E>L>??D>?=DE=?B7AD68DG4??AF@ACH.@5?H?H8H;A3?:H?>?5C:;8C?>F7>H?:H44B9C::CF>G8>@@AF;1<:9>7;.9BA=1:@>>+?<@B9HE:/DC;<9A>8?7A?=;8E;GI9CA7BC43@=<:C@C6A7<1G@CFF>?:?3@=.LD;:@:8E:AG>9AD8B@D<9=:9BHD068@<;?G>JK7@>B5A?J=H@8C?IBF095@A=:>>DB8B@359@F;9=;><=1=4?<@859D><-:CAHBF;6C9@>6:>:;9?BABA>BB:C8=:>FH>F@A=?CE>=:6E:>>C18>AD><@;A;D;<=?C@8FBC@I?;:789A8*-BBA9916A=PA?A:9<8=H?==<7=:H:*5B?AA>4@9/A?B8B=:<4DC>GB69=<<91GAA=F79.C?CA9G5==:BF?=A?DF=;A<:9A1AAFB;@8I@9(;A?FFDA>99CCDC?D7AA7F3>>G8:ADC?IB=?3@@<=A61C@-=<=CJ5CBAB=BC5=@5=F>@0<>:470E>>A:87H2=<16@7?4>D1GC;CH?:9C3<@>;D>@>>+=9<:@7A>><:@CDJ1>=DC0:A7E?DC4;5375?>@@@=C0D3L@:;B;HBA:;>D08:F5A.D;?;E?<@7=2?ABFG<=6@@B0;?3AE?=CCE?<<8@B>9E=CA>?9AAEBFAD3KBAE@B3=<=:4)BAA9;6==D@;D?D7CCB;;32@<>CA24A5?B<@B9BA8B;@506>;BA=CB@<-?G<<54:?G:=:;;B-5?BC5B?<@8C6+7=:=>??CBA;:@B><:FC:::9>;E4?F9B=;;E8??B=70D68??9=D;7D?8FD7735@9>:<86C:?5BF=?:D13;;@?=6@55?A;:>=;5:;@C+@=AEH>=DB9>6D:;9>>F@;>C?=A====DB:==D=GHAH;74=D@;B>=85?5BA@C0:2CC5;7@;@@87;7GDI2B:988BAHA;<@AB:?B>DK7;;F=B86G8IB?:;@B>6252?;BD@A6=A:G?;9BB2@G=BF9CAA73:<7@=BM9EC=8<=C?=8/-5F;@01CH=>?B<>8@3>A4A2A8BE6B9@>CBC?:=97=;<9>AB78C?@)3>6B::BFAC>4;7@N7=?BH9C;;>7B9@;A=E>=6?5<=C;A(=F:C4BB3;@8;:1BB5>DL5A@0>:AE;9AE;:D=DJ@><=@DB=J39>A9BAHDG;;=L9F5C=C<;E4@B4GG@=>=A=BD@=2ADC2BL:QI-IECCCDA>/;+8F?@>@5A8D=9A4>=E=0BB34G>3C:=<B=9E?;28FN=;6C/>J9A3.04CC?BEC?BD>DD;7P,:=GDBE>DL:;:EA<=?;9?:?FBB6A@;C9B?>AAC35@8>>/=EBJB91=A:=;E+H8D=1>@CE:2>@8A@CE>?CA1;=/>6;6?DGG<;088F>AAFD;G8;9A?399D@A@JCHFKAECC@:>JHA;6A77C?;EDIJCB@F@>8A?>BC>BBC@:?A4C@BA9..:<7GGF9;2?7=77BIC=A@6AB+;?9=MB/46D@9?8=;>?>:?=@<4?7ACC8C;><3B;C2;7A<67A;9==D@C6@:7;I;9=0C0A<6AAA(A;B@BB>AAA<:4>?9?)/AC?@A32<8675I@55I@;6?>;@89:;B=@.8<2=AA5I=AF15B@=*>5;;AC@>@C0=/D;<@6>A8CD9>99:<8C9AE=@A3?53<>;5AA9?8A@4A9B=A>F%?H:=:<;=B98A=3@CC9?=A@6><:F61<;*7>*C9=>A8;E<8C?;2?;>529;-=B=>8;D>:D724=A?>>?B:FA@9/<89?DC9B1A<;70ABA.>/>>@C7>A:;CJ?7BA3<>4<@C:9:@:;9C@CAJ=D>9>C:4:J:=ACC5>?D=>><54HBB:?=D:6C:9=D0A9D>4BD=G;9@C6;%C7B=:>B>76F4>>E?F?6@D@7GB<7;84:D>E=E=6.5;:<;73:E9@>?E.CBAA>9<7@8>==5E?FIB=DCG>F>/@D?9EDB;7;:BA;=>:7D>B=EB6CJ>BGC=B?AA@?4D4:2B5<8>B>G:@7;A8;H?D4AB7?G:8?B:57C>>BBABE8B/C:B@B@=A23B76?-=1D.:90C6>769CC:7B=@A?:13?BCA?CN+D<=B9DH?@D@B=@:=>8@9<@?:AC40??D:G@FB7D=97@>=9:F:1D:I3<7?1>=@=JJ>:CD=;B>C=8? 7GE@AB;:872K8BE:935<>EG?;A;K:A7<>B8?C=7:@6DA=H>8C==?C:C<<;>8B:4C@>=>MEH>:CB?4=;/A7<>2=3>?9EAB>:76A@BB=?9F@5>6;=I8C2:@-E-:;<=HFCEB@DB<=;>BA:>/HBC8G?D<=FC:G7C@98?B;IAD4D?-I??16CHH=DJ8=<DDE5=EA>/4@G@F8:D6?8C6:>>=8DCHD>=?DA5=A5I@@D@:29A=C::EH@4;7:6A@:>?8B@@F;'@B<9A@AD9>7E@@=CJ@FAA3:,>=5?>C?BD=??9=I1BG00;G5=AB;;7>:D1BF26A:=9C;EJC=BF@;E=B?9;C@A:<>?11H=8?=?CA>?BB@AC@E7>HAA0D>A9;@@A;A=?A78;*A16<38:;;89<;3=<89J:9;CGA6??6=G9??4AD=99B782=EE=?176B;@;8758>4DABC4>8C3GCA4@?=H38A=<=:@=?9/9>G?HBC/9<<;A84=<9<2@?2C>F69B=;8C@;F9>D2>A?:9AB<3ABC0<<@@>4E=9C,;ABC??5>E9HD>>@53>+=?=@?G7HG:EF9B136@@A>8ACD;A68@:9HC>B<==>:@>9>>@BFCA@D6@;<7?;I?5:95@;7=85?:9=/E>=>DPC:1=5B;7:G.<=7BF5?AA;D;9:C=AB<9B<3>79-D@697A:;9AFA/:>9B;>C9A8CDDC>@?46A:73F6@@36;9E:EBAA@<=F;?9CEKA3C@I@,?1A4BB:3?A?AC<6CD;C>BC7DJ:@@KB>;=:7B?3H8K<5BA9>?5I?B:E=CF@BDA<>E;;7?GB@9=8?;D=<==FDHB6BC86A=<=0>:??=:-:=DA4;:;:9@@1>9=28,:5=>B>>1A6@D44@=.CCD>:8>0A:>B3=C<9@7BAB@CC6?;,6?@90??G==BA=?:AC'?*4@:C,>AC@9EB?;CBBC4C@>29*FHB9?BDCC7E43CA@>:=0>>>?FGC?5AD=>?A)7BCA@?I<@89D<5=@BF9D9@GB@D?:B98?+?:>0>=?KEA7@98G;C@2A=933=HAA9B9?5CC/CAAE8@4@?M/0;6??@P5?@D?>DB:>??B5ABBD=><5@C<7=F9:3-CC1<-53=B95=;C;:HDC?BAG;?C@B?>>C1BFBB>>6@@@BD;E=D;>C?@>?<>MBCBDE@LC?3G.:>?A;DK7B>@ABBE98B4@@EC>5E=@;6:?:C:>F??@M;FBA?;GC=EFBA8IB6J;8A?4;;@7:C1>>=A@>?F=?;-*@6D:=F@A>DA9F;E;D4C@5<@=B<>B2?<5=<9A?1G;DE<>HB7FE1C>*7:73==?=:4<8F?I<>4J>5?K74BC@DB0@?B?F7BCH>::D8BAFH:9@>D=;B9K8C=B>CE@@A7>=@86AC86(>A8;=7@@.45;>;??IAB9A??J>;7FA@3C0?8A>;98>=*/@DCE:<@C86>?AE6B4=/:CC8<:A2GFF@,;5@CF6D:C;'<>ICDDF3<;E9=<9A=8>D>=<;=?:DAG?=B<::8?LDHE@>:CEA>6D>B5>F;=>>@>>A;:>9>65B2A94:B:???6=>888D0B98DDA7@=?>A<@9=G?5B>B=A@?E@<>I6A:?=B<>A97;AD<-9;;C>?ACCGF59C:):5B9@?J=;:17:1K9C:998A?9=D2@BGC:9>C=@A:E<>9.9?B@8@=@B8BD5;A@1<@6D<>@D@A+C=5=74<=7<7=D:DC@:>CCA5AFC7:B=>8?C9/??>G?J4G@>3A=7)6;7AFA8DD=DCB@?97:@@B:A?=7<09?CA:=7<><9@5>88@<35??@B;C=B;@E:?1C16AD;/A>==>188A6>>BD5?3A2EBB/4E1;B;46B3<9C6CH3=B=>J7<:@9:B%@>C>8?<;8?;@3A=5:8B05@@G;?=?9@C1B=3<83;:?A3F?F;D?9J=955:-B;5A;H>A93/>:801=H9K?3=?:F8;?>FF.-B>3A4:D=9<)@9:=B@B;CA?E7>HCA@2CD@E?E;>?@>B=:<@=>B3@F7FCED?P4G@3BK2D2CFD:G?>4@I7E?C7:B<3=:>KCAB?9A>G>@@JK>BBDLA6C;?D9>;@=H>8A?@G:KC>2<:7A=?C=FMA===><>9@:57.A>CF@;E;35A>6EC5<8BDAH@3<0?GB::>5BCAGB>A;??H@<6@:==B7;I@A3D<>?9<>?E;7:CC@DB?E8>?<6.?98?<6;AF<039:FGCCKB;4F?58A2??>E.=3;=>?>>@@+@B@:>B=BG?D;?56=@=F?B8;CEAA?0E;5?;<9FH?8:@DE>@7DAA@K@C;2::1;6CB2BB&;EF>@BE:>A/EABCB=?:DE:AA=A7;>;0C*IE?:AG@?@49;<@>BA;B.B:E;2CBHCA;EID?BE7A58G7E86J==.;>5-=AF?A<:G4@@D.@;=BD@6C3GA:C>7?A;95C@8>1/><1H:>D<4B>CE*B9B/;>A8B@>;:;3;F89@@+<;G>B:?FE,C@9=;A=>3CN?A;AA6==A@AA=IACI>75;BB:@8<:@7B2BGBA@C39HB<7AB:A@DGC1=+2=;7A:<9FA@?EADB??56<;A<:DM?B>=A*;F9=3E;?8/B7CF>B8AHC9?:D::<>94;4;B?:9<7A?:A@3=AC7@>B=@=C=097AG:+FBEAB;=A9B719?2:CC@:@=669BCDC>CAF>E>>=CD>B;8B>E;=?BD>B7FB==CEG4@EA>@9<9>>7>9CH>5>:9D;<@9@C8=6?>?9@E@CBFBF5>F=B/=:?@;@E85>@>;C@>68KCCB:>=HC9C?:@<,>=HE=CC8?63B4=7<;EE:B8A@DC4;?A=D7=A=<5*1CFBDECA>=;EEB>CB4AF:B8AH<6=A=A/F/A78C7>8D:AC;97?;=0A8BC>?:5=8AFJ==B:A4??DA<;>>6@8>:=:D79>+A>@39:>==G=>9;?A;B4C89A59@B4:A8:?CB3H8B=B8EE;A>>?E@?AED9HGE8>BB=2<@<<;>:@E.BC<FB?7CFF>>AF;C@1B@=EB0CDGD@7D4A@4@F6CBB==<@D?B?5B::;A@<:?<@CE@=;>?6?04C2D?=CC:>3K8<498?CHC>5=;2D6C>D@=2K@=C9F<>7<25?7:;:3G@B91?C>@4=@;E(?5D<4DH?I?QI?@CB4F9JAA3CCF/EEAB?B67.B@>FA>A<>F4C>>?:8@@@<-GDE=9;F;7EC6?=E17O@6@B;=C@;A;G4=C;??51@::D=FFAJA:G<=:?9@;<;5D8FB@:F=AH>37AHA:916C;8;??C5B>?55CIG,?AB6C>;<=D>=@?G@;A<=@7A?=;GDC:G9;:?D;3F=6?C>=BPB<68@GEC>9@BA7=DFE6IGI?=A<2<=AD<9B<==F:A?C@=AFK;;@<:J@;<<,7HDA@5@@A=;4?5;?@B>?C9?=9?=DB@B7IAU88@CDCAA>>B?E7/F=99N0J@E67B505>@=E@9>97@%B><.?;>A@4852=>9<0=A:A<=DQ=;;8AFD816AD7CB;8FC3H>,>7;A88<37A/:;7?4B@DEB=DCB:=FCC23<4@=7ECIE<4?=>;5=H=>A:@5BB=8A>>:4?C8@L4A@=D91E3;9;<:+1:BC=A68(<3A@B:FDA94>A;E2=D@G7@0<=?HE:859:=>BC;6;C@@;?;?<9D@??CA;<>0@=D:B?5ABB?;:C::B7&>?@G@9D?AB7EGAE@=GDCF7=CB?B5A?E@<@C>F78>B9BGB9A<7;DCBD66?A?9F?3B9C=C>9>GA:@6C?I>B=;:??ECH46;=<76=AA?@>;6E@H?=$?A<=:E<<@@C@7<>DC4,.F>F:I@>;=9=2;DA5?936ACDBB@A>?;GA?;A?ADH><1H<@:<9>C?A=C+7B=?AAA>88<HA<<6@>E?E=>G=@:>KA?BAA@=?=>6D;:C7??B?GG=DH:89@><==A@??DA@H97:<@DB@@=:>>7959==CB@BB=@IAA@>B87CH9;97>4E>AA@8EAA?:@A@AI@;:D@?F7@=8>@<@=>G@A>D,=?C<4@?5+;<;A>:=58<:9:F;>?5=H4+E@9@@A>G;?G7E=F9:@?ABA??@E97:A>@5G>=7>?7D?A5@A@.<1DA?E4B6CDI88D:72B;8C?:LA8;A>@D>FOFIB;8@C=D@9?>;@B;BF??>FBF=@B3<@*C>4=9<<@9B<6@=@=2AD:9B5HA<8EC98;=7:>7<,B<;<2=6;=9A<>C?<66:9E<:::6946?ADBC>6<+=DBB>0=@?-;7>;>A?7:07GA<<9>F+A7@8;=F>:<;=<-H@:G@:A8GCG6=3:4BC;8=CFFC=<'BB5A<<>C:=8?>@/AF7;@CE@5D:A>E;7=>BEG>=@53@F7?H9?>8=?NCC8@4,@@C5?F?@572:A>7@C@DQ998DB6@5:-=>AE@-@C3GACG<8A<6O6>C9B7@A4DKA<<<>=BAEA>@>9K?5FDD@E==GG'??@>IG5F@7@:2A?D9?ACA<9F:8ABA54>0?IA/BQ?C3=79>HD8CIB@;3DA4@CH<93A9FA>GB=F8BC:CB7CEC+GHDAA:EAFKAH9=BDA>?>?ED9E<=:A7:7>F3FDC7@,===<=;;JA?=GBGEE7CB6H;?7;AB;;G?@:F;B;2?BD7;?D5:H=@:?BHCF9;C=DC:80;EH=>9DE=;+94<<=3C/CG>C460F:19A@D:>DC?<;BD>6;:@B?6:?AB;3.9A;?@@>;5>?F;B7;C8B3H6DCB7;FI=>>H/D68BAB55BKH?@@8>2@&:D9?=4>BGA9B>==G6G;DF>EEBD:=HB==>A4EGF.:40I>79A><:>D=KA>E=E8=>@;9B4CB::=D@;A>=D3B<>D?ICG5C5A;>4.B<9I6@@A3:G==8FD933B??=7FB6;:A8FJH<@B@>A,CC9?>;A=CA>G<<=FFD?8B?:?7C7=@79A6?9B=D?H@?=F9C>?4ACE9?/<?A@D=B@A;7B=CE@>=;8A6>;<;-9@/C6?:G:A8??9;F@@1A8C@HE;GC@>?C;==732=5B>8?;?8==A<:>ED@@7C<>>;;=@CB;;84ABC<>L?4B>CE9;@9<6A:<==@??>B;H=8=C;>8:ED>?:A>;C?6:BDB9D9:@3F>:A=>AED>>FD<>/E;;;/1C@>CAD4A72B9==2@=CB:;:AB>@>>?@/@B90A:6E;DKA@9?CA7F58C?A==>H@84=8@79>:05;GC7=@2=<:D:D@F;>BA7:6@78A@9<)1>@98<9@M77@<=39=@D>=C/3<5A?87=A0;>4=;6-<,>:?;AC;;A/@C:BB:>=<:;996?CF?8740B:D93C??@B9C=;6=8B7L?IF?17+C?A4?.56?>:?EBB?A2:BA6@E3@;:GE@28>D;<86:0??H0?@4%<8:>DH9C?3@9>JAH5?;?GF6KCBE;H;:FF>EE8?3EAK0@L5C?:>=;G#5IG79;9;<@=>3I4>7F@=/==D+?=HCB46DGD7?2'?960A68CB?H=D?.@=I4C??B6;CBD:GD@=AC8?E@:BDFD@9C;>?)AE:7D>DE=EE/?92???BD6<8B9D><>C=<@D@=BI8?'E==>6.GCC3@9G?A9@@C==<@E0<4DK@4-8C?;E:.@C@B@9@H>@A=99<64@C@+=D@@;BCB=F<61D21BCE@:<6C:965<=A>A;0:<8FAJ239;5;?B=@>F:8<:85;@C98@>B=&L=4<;D;3;<<854-B2?.C@2B2@=@=AI0:8?>D>F72C4=;3>7CMC>=>EB)7<;<)=9;<8?A0<3B;>=,B49A>3?A6GFA4;=5A=0@=A>CC>:4H,8>;D4A69C@@A=>2AC>=8<>AC7@9;?E.?<=D8=6=:D@0D01@IAI@EAB<;8+<2A87:<.>>:17EB?9;ED:;?@:A7A<=5;>60B=D>?=6BA?9C<:<,CE@9@D=/H7>>:7E<8=6CA4;@C9/A8;=0?==>C@B)A6>>5A@FAE:H;=:??@8?>;9C5DB@DFF?:@E=@;AK=C52F=4E;0F@CF?A>;=@>E8DBL:@>D70CC;?;H=?8;5@E<<;>F=;:@<9?5=>CEE@=B<5B99?7CA??AA:A<;:@>@23;4@:A=C>>?;@>C@A9<=4A8HLF3?A6C3G97?DDA499IG::C?CAD1@7G778<2A9?=H>>;C;>;?@AE:5CG=0?7ABEH3/5E:4D=C09B;?9EAD6J=A5==CE=?=6<@@CE;;<8>F@?EB:=>7;A.>G<@C;@>G<5C><=7>5;C?;;8J2:?<.9A5;:E1B5==<<>;4@:5B7;>?AAE9>-;BA:8>C84;>G/8062DC<8GIH3@4>+9@=@@2<;D>AB4=AH:49C?<7C=A:91:C>9CBG6A=89?:53E/283=F??BDF99E.:;>1@9BC98=K4=B@<::<;=@1-BD1=:FB6>133DC=>;==:0:A/@CA=C:;C66E2@E?:;==:BDG7@67@;FD=@=&:<485?;::36A.;)>B8389<=B9>8862;>;==:B;5D1D;BD-F<4-=<>=8:5@4E:A5>1:CC>:99AD@A5<:??E?9>E3:K5A?L=C;CF;EB1B@;:C>;D6BC@?@A:CA>=;?A6C9=@4AHC?9A5F97<0@2>E;>EA=F7=:<4DB@<H0GCEDCCCC;C>=B8?;>=?:K=8;AAC43=>B>DAAA>E7=2AD;86;?@@BB;;BHBC>L=043=;;A?ACBG>F>;A5E=B@8<6?F>CAA>A8:A4C2GA>A8BE:B<5%=BA@C>E5<;@?BDC>CAB>?A/>C=@6>GED:>8G;=E;>6=>>3?BF@F??J6B6B89AA<;G>B@GOG9>5@E78;4CA6@-=B88>;H:F?75ALBAB=>39;+@9;>C?1?C>?>?4BA<179AD/@>F3BB8@;>;7@>>@98E?2B?;:=>3?5?8C9;38-@AHCB=@G==<90@=7=@BD:0A4=92C=<>7@=9=A;>?BABEG2?;-B:09A1?>::-G861<;:?B@5B8@E;8'C8<H399?8BG?2D3A?7;AE>>:CF673-@=13;9::=A@5B3;:=?>==,A<<;BH5DA:7:==;BG;?A5DAIB8I:;A8=9>>IEFE=?8<7DC?D@;>FED7@8;9BABFB>A68;C46?8DC7??FD;9>81@1@>E=+*79D6BB8B;?D?7>A>@D<>ED<:?;AA0EF.=<6DI=::85==@98CG5:J@BDAEG=@A2DD4>79/+/;F=4@;@>C1?:J96I8B?AA?@B>DD;4@2E0?<7=BJF?9D@B<=@=9C9E?C3@156?<B:K:<:>D>D@EA>8.9A1F3G9>>D7DD@5CB>>EK=6A==D:?DC5@A/;;>7B3:<2@AIA:FH=9=>86<=;AF>@8@H;8B>62C=3EBC3:CFHA>E/@;=C=CAF;C2:;D<=@2=?9F:>8B=?5ADB<>A@;<79@E>80D:?DK0975>5DDB-@>9<@46B;D6<9>7>:?F?A9AA-@95D>3A=A/>B?;<2;?CB;DGA22:D?E/8"@A?;>?;;;?;@/117FC?>=@D88<;EBA:1B?=2:F/><9BA8B@0?>>?5FA:<>849<8$=C4BA=A0C::===:=AD,BK69E7E59F9B@:=7@AF?H?K=:HA%:5>6==8;C6B;HEK;0G@C9=3:<0:,CB<;?=G8F1@8;9=D=GD:75<7=7C@=6<5D2NED5??9=:C/:==6:7E59;;H9J?J;=E06B88140.<>D<8877.4G@D7:@??=<9FC8=9?7G=BB;=F4;BI;D#?AECAB:C94?2FD@<6;EBDE>2BE729;>CEJ5AFN9??8C@@>;:@>/D9??B>G9BA396?<<@>D?9=8I9IB>D7>M:9A51'8?;C;CF:;B=9DB>:F:A4>4HC39<2D>F>E94>4@?>BB-@=52>=??9E?B8>=F<4=BCB=@C?;6:?6?>5;:;;9?B@9>=896?B=;DA8.B@8?::89?=?B?;9C=088;.<>7L8;:95B;6B<9C=@HDAB=C7AA3@>:)?>B.:?B+B@>9EBE??7DA;B>>25HC@G;.:6@26B9)8?=.89:C63B5>=>7AE8;87C87:@:6B4;D30A727;-/:74=>A?9FB@1F7:(?9;6<9GB8<=99.85>D?9>;9:;<9-?7@7@D<86@==AD87BDCA<>AE=>BF91D?CJ8@AC=EGB>1C9>?@=AL9:E>BEFH>CE;1?@8<;C90?5B>:@@:=51B91D?8==B@;B9B>4DC7?/6?5E=<=8C97HCFF99==AAJ?@D0F@@=F8;A;9?=9@=87;A/23E9?F:E:;<==E2F@350=@@8>7B6F@4B7D>8>@:74<4@@9E;69E??EF7>EB1>>:3??>JEBG9D=A=:@@3:?E??AE=67G22@F?863C8=B;A6;/A>?D8=><<=<=:>A5A86293:>7A<>9=J=<@;1=7E:;=;F6F?909BEDD7A?7/4A4?6AC;4C3>;3>>5DG5B==1>A429;+=@?79<67&8B?@?<<4=>F:5?==AA><>7:,?A763DC5C;6>B9736E@E@3@58AJ6F?>;:>5D54=C@?31CDC:95;HCCJ=*<7E?76C6<@<==EB7?DG3JD?GC4G:7H=C<>9GDA=>=D5@863DGAAC75?<9CD/@EC1?@8?3;H7B:FA:49=GG5E=@DD5?@7:A:??=IB<?A<:9>E88?EDC=F?>?ACKB8BB37;;>I>E>9FG:<:C48@:FFG:;EH?7>6=G;C;D7FB?AAKGD@931BAD;@EC6<@:9;D=F:A3EHDA9=?ED=98<@A9>8>68B52C9=:D16>HA369@>C<9>B?66C:E9E<0A,>=6@@FC36@F:@0>;9B=@CA:GCC2:<+B>E:JCAA=CJB?D9>@E@34F61I@F>>C?A9>=E5>B=>E9D>8<@:=;AB;>C>96<<:;?B6:;@;E:;J6;F@>G;@<@9=:<:984<-=BA:I>=<9@392@M=>1@8895>;76<@2<@@>B6::D7<9=J?9A7,/@:J>93@:@AB?;89?<8<48B2A@792AJF*F2;:;>;4@1-B=<599:?@<<;<<==?=@:8A?4A>3=?7=F:>=@59C4'CE@:<::A(7:AE188?94:8CEC?6D95@:>>1;EC;85=.:/><@6?:9G8G2=>=>=BEB:?:F:F?<:<=?6.3;9C7<>;==9B,9A5=92;;@<9A@H-9/A?<8;:C?E>?=?D@:II;GDDA6BACG?ABA?D>A;D5B?95@N99;E=C5CA=0>?63:A?E36E=@6G8:=?@C->A(@@G;A<<9G>C57AG>E>F44C;>>?E=;D>*@33C;I=D>9=;E<37A=BA>;@;CDE9>I7BD>F>7:D@/91?E>A:F?:B>840=C?@@A8=3@A=CCB8=2>4IF5I@>4;<4>;??EA>:><>;A6?59AD@FFD*;@E@BC8D9GCC@B27CD6;A:8EC7BA.G6EC7B7B;?ACBCD3@5AE986@><:??9A78C>;-F8CE0@A@>9E5B:>>?&==;8C=B<=;B4?E8A<;?8<:<.F>1D=J=9GF9A9A>>8>C>C:>AD;>@D=96;AC?@=@>>8979L9<>G@9:>E=A>CA=@>C@I?BGDEF:A>HFABEH@@9IBALDCLC:EEA@H8B@9<@==EE>EF@D@GFFGK=7>E@8J:CDA@06?/7E;9BD8=3F69==@@0@>D88G@@<@38B2@=8C>?>@=?7BG/G;AJ@873;*C5?F47B<:D6;EALA5AEF4F*1/:DB7<79D>85)96?3>468??7?;D@=?:C;C8A@;=;@G=;H@@3DD9=<9F@;CGA9C@AJGC?6<7E<@<64D8;=GAG:7AE+=5D>A;9C;@E?AEC2;@@A@??99B=)I=;8D=@E+F@55:@5?78939?995:6>>C6G@-:DB<7>@D;CCHAADE=7M>9>DAAA9/;;A983??7>A7>86:C0@H5;8;=;7GBC;HAG879:CDGC7>CF@?DE=6?;8==>6B<792B;V825=<82?@9%D801<>>;A>CCH;?O@7>1?DB4?4CB9??>:D6B9=53E>I><6;79A5?73@D<:DH@<;=A?-44@;B@C>MADD97BDC?A@HE?D8B5G?;<79=3K>G7DDA@<@6@:@?9A@?=7K?.;:8F3>@4@?<F8==C;;@IH8E===66?;CHK<@;A+A=?=DDD3CFC?9DEA4DDG0<@<8A:?8@B;B?>40=A?9=.E,=;;39:88C7@B>C48=C:;1A?DAF%6E4<8:9E>B==>>B7<>A*E=81?:<2J;;A?;1/?>3>>@9BC>FD=C<>55DD8?K@74A?B:74@83=H369@7664;>A4?5<1:J?C@7::@:=??45>C=C35==A>??>@>=6=CI2@=B@CB-=<6<:H8?;7BE87=:9<6B<9;;@B?GA9;E97<1>C1;6689=93A;8=<8@4?:.5;/>4:22B>CB:<:4<6134=AC4<8:E63;A8?94E>=9>?B=474?A-9;=D;>C/2@>9DG;=?5@>?;G/6<=?9::J:E1<;>;>9;7'<@@?987<@=6CA;9@H8?BC=:1@*;C<:B2<@@;67897;9'@D2:?92?=;>=9ABDBCA@???;B@=2OA?BEA>>A195B;>@A52?G:?D.89&A=9C=EA5FBAA=CJB:B2A8G7G;:?46C=7?;@D993AI@4B?6?=ABFH=8G>H?7:<@7CCCD4G2B>AAC1>DBD?8,D:;IC;8NB=F7JA=@;:DA8A;A@><;?@4;BA,@>@@AH@C@BD6=D0=;7?A?B3C=J@=E:>:E:@4ECB6BFABA@:;F9C@@;A8CI:B>=>9EJC>4%DC2C4>3DB:;D=AE<>B=9>CB86??8@A?;;==?;@26=5B2:>8F'6/5G=8FB?CG6CEBC:C@1:7==G5B;?A?=1BD9=?8>;?:C89G>@BA>:F@?64;@D*C59B04?:FE5;C3;?BGDA>D=A<59:88<@4E@;662A=>A:AC;:B5AH6@=@9?29B6IE<;;B87==>=9A8=?/;18<:9C?9ED>AC<.9;2<6>G;=@C:,J-6DC@7BEBB>9=:08A6?75?B?86GAHB:0?:@2?E;7K:871A(,E.@BD?=F6DC@=8?;@?F<9=8J:CGA:>D=A9>7B?2;C;A;;CE>L:>=A46747?=@?AD=G=?>MAD@E?9C=7B3>BC;KBA:8@C:-;=6C?7C=>B@;A?=;=@@AF>3=?D6D9A@8J242=?7:G?9<@7ADA;<1FE4=A>A=HC7?B=A/?E>BJ4E;E>F>A@:76CD8E@4AC=@%H44>98B9D7?>?=C;?C@@?6K9:F6F8?GC:<8CCC8B38B<>B4=7I3>2C:E=AF44E@:BB?9A;=A=DGB5??B:I9A;9:>;@<88>E/><98.99AC6H.,<076A:<-F1ABBC9/6>5JMG<5@F=<:7@7=E64>8>A;B?0I?@F;@?98E=C1G:9C?6=?4H0A@C@?C;3:=A=A<@B;<:A<<3?75BDF@A68,+8AA8@B4A:=D1@D?7@=?@6A@>77.6=@213>5F0=999D@AA7?=FF><:=D=?;@9DG=?D<:;):<@;,-@07;;6:D6>17,;9:>B:249>66A57>64@;<6>B?<:+;A74?A,>:;<@3AD?=H@68>;B-1=?A@<877FG<496==B4@@:E(<7@=7=8:6I8=9=::M=6177?8=9BC?B?/BF=>A7CA;88C87DAC=@A9><;@60F:;=A;/?AF48E;@H@8C4?9:>1CL@?HA;6=4<;AC>=2=;>3C7A9>:@1E9DGAF@0==D@0:=A@@?6@8>6C9E6?L=>A<:@C@?2CAC@;ACB@BA>FD@:D===B@3CCD6=8E?C;@<8GJ4@B3AA;=6JCLD=&4HBB@A5EB?:5?CFEB=;@@;;9F>CI;5>C<5C?277J@9B:6I=?:A==5FB;05E@>I:EC=B49@=FF><2@H>;E6BEDBC6?;=@A$9AE.E;3@=?/:D=H:8<7@BD>C:D:AA:@?=<=?B=?D=J9D>77B=EF61EB7>45:5E.78@HH7?BD@;G=D=;FF19=@=B63;=D7AH@BL:A=EA/=H9AA38@B=>E>>?>A>6C=:>?H@7+1=JF<=C?@9B?B;/<=:8?J,BG8@?F>A9BCE@@1:C?E5@*@D886=5CBB7F;DIA>FBD?BC9AA;D:>9@::9@F<>?;I>=>;A=?D=;0?@?<=2=?=?AE?;;7A=89AI4=7B:MG1;=E7FC?A:?CBDB7EA345FA;B75?=A=@<=GCC6BGFK@>8>A>GLH5A8J>FD108:B:L:A:B:>:-BEH89CEHB1GBFC56FA=BJ@9B8F8C><=5278G.?66E:9<@C:JC1N<4;:@D;@=B0HE7;=;D?KB@:B<6>>5AA87D8;C.=@<75GF>>8DE.;B?9;A=A?>BEIB<8;>@A59;>4B=98A,CA"B<;>C=8J=979?6?E/?;>385+5C0@;>B=@B:3F?=?5I>B??43=HNFFAKA7AB>:;C0EIB82BAA4@B>?G>7L@6?F3IAC2@:>DE>7AGA?BA9>@?4?9;@C>B@>;A@;D?9>C32@DG?BF;*<@C>?A;C@C<@CAD@=628=;?7CA>6H792=:8BA?=4D@B@?:?GD<5>>1C<=68>E;3BA:95==85;9CE?F?=5C@@<<;C@4:=B>:A=9<2??47;>=FBDC9C?:DC>:>EC>;E74C<3@<;;98E8>B9@B+4CA2A9B?;;IAA:D;<:0C?CAC/3A8<;B3:=::?72=39>34A<:?5=C:2?>2B?E2<:?;662A>F:C6=*656C<.;3A7B:??-.@;2CC;@=A@B:BA?7;7D>2D<45=G?AA8@564<4A?A<@:6FH;?41>8A@89AA:C<==AF<375AA=>?=CD><:C@)81?=@JD6A=A@?==>A9>7G94EA;C?A4D@B9AA@BC;4JC=EB>E96;A<>@3=?=:B8>HB<;9A8.8<55?C?B1D?7>8.;=7DC@><<89K@L>D@CC@9@<>7=F@B<8<;;=<>ACA>=9DC5;3EB>?F?E@4<9<@.E82,:=@?@I@KD=719>C0A>:1;J?7CE=6G99;LJ<7>=?9F<;=CA:A;:5G4B@F0=BA5BB;=A>7H8:I@CA4<6?>EA24?=7=3=AA6<<;>G@AF?AECC=;:A;9C9F@63:7CG7??7FCE=:A:;;5698C;=?:>@E87:AD>B;F7CDD?9?6:5D9?87A;H;BCBB9?8B3?=?9@D@>BD@F3CA48JCDA<4<9F?6A@BB9A4=*EABB7??AA=C;BFE-AC?<:>?>>:8B?G>AE6@IAI8@@B6C6F?<;G)>AG@DA>):@*F<:C:C1>3?@A5>?C?93?AA;7KD9>D:I;9@6=?<@6=B?D8;GG=D8@BCGJ9:BC>FB<>8A@,EA=;FAI<8ACB>8>@?>>@ANH8==58D>BJ8DD=C=H=@>D-:?@:D>B7C7;DG;;F>.CA7I6;=7<*5?:=@@A4@1G6G?0@BDE?=%;:?6?:@D>?>HC;@<<::9@H0;E&CBB25B=EFB@AB;29=5B9@B;<@=8F>?>:ADA@2?AFB=?@=K;:FA>F9@5:8D85,36F8@9EBF>/C;C@9@D>BEF7C=>:>FB@AB:AED9EH=5LF<>?D@;C>A>;9<;LDCB6>E8DB;?0;6A;5B8?;FE:6A@7J>?ABEA8A?<1I>92;C>AEC2=8;:0@:AC:5<8;??=3C;:CC37=>=BD7;A6A?057>99A?19?$G<748=C0?BC;@;>4/9QD>;C274::;@6%6D:@;47<9A9>=<4,=>9A=.CA=7EECDGB46@ACE>3A)1BA:6C2G9713=?A:@?9;D?FJE?@9)A?=C9>B<8E7B4:G8::G?5@?8@;D?3@:0=E>@@88;E:@+@C59?/7>.689;3.,<==680.7<@>9*@??2=7G<=<=BB:B7D<<7DCE:E7D?A=>>?480D:@F@AA=99E?B@B6D;A?@?3@<@B@BEAC1BBA6H>C:=GACC2F7H=?B:>HA4?1?6=<;5@?8>F7?AC<;>?D:?@A9<3>F>B:EDA3A?EA<5D=>/F;E7E>;=@;>9.E9;9A2:CB=,=@?@3@?>=A?:A;3D;>B;-7*EE?AA@==*:73?B9;D6;478=G=D;2@G4;>D6AC8>?::45?6<+DD:FC=B?@@;>9A;5D8LH=7E6A>=:-;=;?IE@FCG7?EC;;GF@>A?E7<=@@<2@G?1B:E@9?K9=>@D@*:B>E9>9:?2DAG<@=DBB=D@D8>H9BB==:679B69C@AD1?8;?BF/??;:?A+?8E86@:E<=E;@C;CA5C3D5=>B@::E?39>??C9<9B5DD>AAFEF@6C@;9EB49EB-7?==8;CDJ=I<:7IGL?@1;A>=>=B?A6<>.@<90@FEH2H793A=<2GDAG<@A5D@>@=B::?;B=5C:1B9;9;CC3@D;3>@?9CHG?,;<;;CH?7<8<@5A>?=F=;5>&?3;2658CB3C7A:AD@AE@>9=>=GB>EC=D:A>CFHFC8;9AM86:F=JCGGB:E?Q:>5BEDC@>C=BHDK@*0;DDFC>@?@CHF:FD@G:C=D>8@>HB>><;;K;8E?G>6A==DDGHAG@>C:CED;FCG5B;@D?;79:58A<;9C?G>8)BBD>89?A35F6D<465CCGAE;2F>GCCH8@2F?5G;>5:?8:12:9>19=3E:=>A46BB<>=8:=F/AC>6AF8<9EF;>)5D3=:77KF>FD<C7>H?BAB@86I<5;>>8I7D692>7@3E;>5?>@D?AA1?DE5?C?0C>ACE?6=>?<5=@CA@7?;;BAA7F??7-G@7<:L9647>=7>;5;:?:7>>@E65E;A487C7<<8>>@@99J@69>?A/:8;5<8.715B>/B==@?C:@DGC83>:B.;8:9=5B999;75=69D26B=BC=;@?@:NC?>3@?;>=-.9,.=AF=@>C8E6=7D??@@B<:?7@-==BAG<=;8=ABB3B8@97=>;B??@>B:@??;<86?B5?A=B?;@B;6<89=A@BAA6>D8<>@;1E@;<:@FD;;4C85<887D9=<<@A932ECA>B;<5;G=<:6AD8KH78;DI1C@AB;HD;C:>?;9@BC>=C75@BDB-5A=?:F=C;:>F<:F@?>JCCAB>=A<>4CE:??>D=4C8B7:@:A3<8;>=?B;<=5;9GB=A>@5B=A4E?BECB>4F@D=B<47.GE4A<@AE2CB<43BA>FG=/:C=:J89CEF5BBDBF3BFDBF>9=C>;<;<=EECFD7D?8<@JEB=B?DAEC8B74GC6:E@G?E7A@;F;?:EAG@G1>@@@>A;D8A.?DF/.2?7?8;;/ADCDC9=;:H<>:=8A9=@D>I>=G=@@>3@=76?MB77D;=DDA/E@2E=6NB@;2H;8@9FA6BH?E6H=B?8>=A9@?A398?BA@>C.;3@A69;/9?>@6?/8HD::5D.D83?FGED:D;C=8=D>B?>=<002<>9F:90DD2;5I6>>8788A1A>B2A7-H?@=5@>;FK>09A?<;;@1=D797:?964@F>>:2EB5?=ECB-=9B=2C=D@>;CD8BF>>:JC9>9>?.6D/=@EC;D6GD5DAB9@>CDD>G>?8H<@HK5=?:E:B*>FHF@A>1BDBADDAF>EE:LDA?@DD?9?5FD1;<>BA>D2:9B9J9D@GF@=?9?;58:B.H396?C>7?F>7CED<=AGD><G?>AA5@H@CGG?@E8.<:=9HB?A>F>5@E9IA;:7;;@?79@F=I;G=C5>?9>:8GDB?9=;B:AE9@GEEB>618C<=C@>=>;HE7=GDG58<5:5D@DD=7D0@D=2=D?E@A;H0B@0>DN@AC;>BFEA:;@>5AB>C98@C;;BE:NA356;>?@D<9;==29@<@AC;=;/9=;@:3:GOA->:7915.J86?E:GB;?2E7:F6A?;6A?6C;>38=CE;1.C;>BE6=>C45BD9ICD@-@A6<=A>7CCHIAA;>1@C4;;>?75?79@@6G;B:4@B=6CF=B6C86>/>D9>3@?>3<:/AEA;=::CF/*?<@?<;A;38,8CGD?8';78'7@C=8@FMF4<@23B7F=8BB?A@@D@;H7:<>BB:I9:@;<>8>>B<@873DE6;C8H2@E>:>6?@B-:4@CE:B8K=B?9=86?:5)@2H??E7C>8:D;2/?.<:7??H:;9B>AAG7>;A<9?C21A87?B6B;=>D6A?>6?>?7B8A;:<5:;8B@C>?=DBC2E<4:A>97@B@>>>C;93-)89<;ADB>A=AAB78<;58<7BA/5BAEAF@88A9<@393;75E?B=@E>5B:@C5/=;AC@;D:@??5,?A8<2>=B73:?C5>BAE8;8?5/?B@AD?E;DF=@B:@5;AG>@6DFB9>BB@B>D5F>E=9B826>6?,D;B:<;E2?<@@H9===A>D=;:@BG>7>C@5;B5<6I3@A8:9;BA=:BAAF;@AG7;@:7DC73A?->;E;98;?5A;=A@AC:AEBDBAB<;@CEFAD80CC9GD@=GA7BA?EAB=G=A?K=K::7D?AH=>04CB@40K9@;9G?8F9>D4AE20@:>5@F9BEH::>>::>C@BF:A==6B9AA70>??5?EC7;<9A@;>EA?FC=C:A<;9@L@;8>;83627;:5A69C806=6F7996/>4B7B>79D=;9@DC1@98?=HB>A5DD=:>>:B=<9@:@>D4>?::057<?>3:C=A>B:@;7>:9@=G=:;598;B2<=4;87><=D>49N7H;?5G>@=E@3E<5;=5HG2;BA=:>@>4D;5C-:>DC9>4D@<@G4;=H7=79-A=586;C@F9<<=B@D=9;<G8@:22=G<=96BB99;1??DF@3<>AB@19?9*468;=?0@.>;E2C?F8A<::8484=3?=8?+.987:?C=+?=@CABH9>=8CEE?5@DOC1@DDD9A=C@>>?=76@>?AB79=;F7EB?1?:DEC48=@H<<8<>;48>I6;>@=@D+7E5329:@29=6<9BID;>E?;@;B@?=AO?=?@FDD/D4?<.C=@F;>?9779:G8BA??9;EBE<8B<7@B;AD64@E<7=87C@?7B@;B7HDE;A79<>CBC8A8@G9:@??@H=J?@28-@<:A19:>C:9;F6A@<.*;E7@KHHB?CBBDH=?D8>C96??9E7<58995A97K6DA=D@>>@@B;>ADG=@4B:7:>:H710?C:B8=6<@B6D5DB=CC??B>95::844:A>8<>?C;F:0?BA;-CAD<9/7B36G2DB=AE;?<@A7;A879?/=BB67.GC7=C?+A'99C=@7DBA5G<5>CJG4:<78=:?3=8/=3CA=999B8??;D8D$1><>@BE;59AECBB<9DH8@K?89D7DG<=?15;/:BFA;/7>,E7.C9A=9+>@=F=98A=9@C472:=C?@/54B=A,8>=8@6;;;4><>4AB@?48D?6FA?>0@7?6=D?39@<@:A@>?9:??E?54=;8B;:B;DA/676;3:?;@?C6;9LH0GAB=?CA<=5@9;;?=?8A=8?EBB:?IA:?A7A=A:@HDC798>A?@@HJ3CA;G:?CD8G9B@>KEC=@D;BE98F;6BD1>@EH=C<52A@?@E9C@HD9?9:E>=;D:;B99B=AFC;@BHF?>E?C:??=@?6@@>:9:56GDD@HH7AAECGA:D2H<==BFF59F??>:<5.IB1B?EE>GB;DF6:B<8G?9?;BE=BA>B=>9;FE@C?5>7.GG49>@6>AAD8A<59?C9C98?8@62>9<:B;?B=5?;>85<>2CE?C@:D5=:@C4E8;>.F.A:8>=;;=;C7=?7?3D::=<:86C7:5GA@5@BC:IBCC;G35E=A4<>92A4;>;9@@@B>->:07@=>9=>>F@;9C>:B18?4A28AC7<9:==A<@0:E99?;??@<>8DC;2-0@E>A<:9>=J?LDA;'B6;25?9?8.C;<=0GA?2,?DF>ED8@68A8@?(2:873F75@72ED?8?/-BH45:?<789BDB@=E24C?DBEFE17H>=AG=1=::A/;:E@3>%@<;=?@E4?7=;1;/78@F@;A??DBAC<4/A=6C<-C:C*4H;CC9C.:8H9=DG5E83DG@1@;4B:88<:;BIG>9CCKBA:?;D<=J@CG9?AA;FBBA?5HB:9L=588ACC;6?ABL1G;H7.99D?8EC9:@9A>AE:D97><>:DBE<;F@:4AHAEE@E?86;D?6@:?6DDFA=->:9?==39-H=;81D4C<=E?282B96K>;@;D=331DAI::=31?*C?@>==A97@D@2-C?E5C4:;C<92<6>;=:A=>?<9;7.;=A=8@>9H2@=AA<:?38FB::EJ?<;:2;0>88I96@1552*:7C>B1?@5A>:7:7<4:==::>I;B3=6H<7B;B7599:6A>;>289B;<;6;>)=C039@;<0=>>;=D7=<8782;/?FG>AC@C76?6I@FAABBGA>;>C==C1@?BACC=<8==:A@>A?8>5==>67=A5F@E;D?DC7?A7>9BD@D>>=>C@C;8<7>;;=?K?;;=598?7;9=8<>6;?AE?=<8@CH:G?=>=EBEC;CL7AB=6EB@F@5==AECH@>E@F>/AAC*<4AA:?CEA:C7D=;B;?B?G=?B=89C?@>?I=?;:97:08@I@5CCE@DL=8>5CAAB@1>>?2>8@3E>C=@7BAG:BC5<9@87H8E5961A=EA8=E578AE?1HH17B4=D=D?3;A6<@85>?=6;A@;@C8=:0A:EC<=C8::C<5E==B>N@677A?E39>BB<8@B6<=;C;>?@CBFA05A?;;@CAB:ACBLA8;1:C<98?8@>;F9;>$C76C<8==;@;D5>2@?CB;BH.D;@66G7D?A2.:0==B;97F=,7:=5465=78=4E89=.3?@66E?AB=B8@@/+A5>=;83H>>:389:B9D09@2ABE'=C@C?J?9D?G9378ED>38?828==28=;8:;<@:D:D>FA<;?8DIIA@HGB?ADD:@C7826BB9=B=6=:<2=6@FF?9;<=BF7@B5;?=B=57B<8DEHBA;?A;3;AC>>>AI>A??>@G8><8:A41;;A6>CC1F=BB:ABA<9AEF???;FHG:?D?;>>=.<>@;>DAG7D7?D8<?@GC8@<8>=@@A@8HC6??CEB8C<==C?<B5?8GA;;:;4594<8N>%37A8=2D@:-.;@:79E@D::;5@=9=4":9>?=<=;A=:::B8K?:87:<34;:<;A?>0@8B5:>6A.>A?BC;CB9D:>=D5;C@9@=4?<B8@>A?F;A@5B>9818?C?>M?=C=@?2?B>08D@A@(;EG=7;17>AA267?7GC3A89858;15@7D<;:6?;59=@/=?AB?=,?@??C?>94B?>D8F>?><@;6@B@9>?;>D8C7;D:6>=<>>::.A<<6@;@<=@A?A=9<@7A>=9A>3>A6ECABD>8>=4CBA>=?@D>@D==6;89C5>6;5@?A6@AA<+ABD;<>;:=BB:=DC:8=>8?=5>DD97D:;>@@H::D+B>EHF3?BB6=;?7;3:BA9>=+?=5A95>;;87B@CCBA?8:657@E69>F:@@1H7+@;?<;G;??8H@;8>E8,B=9C0@C?A>:?G:A7;=5H=@@7EAFCD9=9B4>?>AAA?<:?>??;?A?DF=<=:>;HBD@9F=8B7BC9<;ED-<>>@;9G@CA81:CFFE;>718@>>0C9709:;E?CA@=B7HF?EGD>==@>+,C>CA4B?>CA<>B;A?DD@;>@739GC=AD?H??>B<<9C:?4A8A0A??5=;D86D2;<;>A8F5>G:9?0==?G;8A3B>@A;G<@8;F=C=F>A>;C@=1J08AAE4<4;45=9DH?:=?B=E:G@BA5A179BF/-B4<4>>G=D<82H:>G:HB@B>>?EB?7=5BAC8C?=:AF@6GE;/==G;C;;4H6B:D+;3E=B;1>,)BA8=C;;:1G:C@8B;5>:>=<07>62@CBFEKEA=77:6<<7A.@C2D>?C=D>=>F5@FC92:<@?/=@D?7==CED?;G6GLC57?>=34;1;94B766HC6;E>;>;:8?L@H=DF,I?;;F<=086>=3A;8>B?06;75B743>A@76D=7C=?:>;BF=9A8=8BD=A@C57G;;E6=8FJR:BA5E9::>29E:A9770>G==@98@:C3?B@H;>86:EA8C=CBDI=D77;KB6C>??5IHD;>C;B:=7D/>7D?;@B@2>B5><89DC3<<?CBA>B@>A6;JG9F9@A>=;A=A6=;=;@4?I9965F6BB==C?:<=IE2:HG@>A<>*A>;6;?@>7@6<:2A?=9:>=<@?:=>57=>=B@89@=9>A@@M?6FCD@4<<;;;9=@9BA.7A8A;D@=<9=<3@ABA6:BDD4H=8BB6:72?3A1BDA>:>4==HC8+@>D;=G=?7??>CD8@>9>?7;@A95;C:?:A=2B7G.A>DD@5;B19;B<7=,HD9?:?9<5612:9<>==BB;@9E7@C6@J48?@J7?1DCCEFBA3H7@32D5<=F5-C><@7A938>99<77CA@8@=:>9:=>@5;?:A1DB6=@>>@5?:D>9:::>8=<6=>A@8?::4;I@G9>=:<7>;>6A6?@@CG8@E08?49=7@1??1?5A@BB?7:@71D@9CG=/<76C=@>78?C96E@9C53?;A@8:?C<>:IAFB7A:;B?ECE>FE9@?BD=AB=DD?,@F@:=C?HH?C@@>;<>22CAAD:GC=;>?AA<@1AA=AAE?DEBBE==A?;9;>@:@=7L5>@D:9<<0@FBJ;:E?9=F<6H9:A,>/<4A4>D=9>E:FG??A37AEA0B:8>>E@D==B0B<;;A:BCBF5G<9CC2::CAH=?EDF1?7@A8=ABA4=6B;4?9F@FC<7G7BD;=AF5=7A9:=6?6JD?@5CB;:A68E@;>=GB?=9>3E>6/>C:A:G>:B@KE7FB9;C?O<EAAC<=D6?F;9=D9D:AH1;:<<>KC9:?H=:8B=FDA34:II6BD>826;8@A;AG2AF@499>C@>;A9C0D=F>G5A4E9:.FFDE<;FCC38=IGC@9DA4@@A<6G@DG@1:9@:6E><@F=?;B;G=3?5<@=AC5C4?A@7+6B-8>8@D@08BE0F0;=989B0D@7.?;AEC91<7;@?06@71=DF>AC@:79A8>?A:6H=>?;54&FB?87:@BD;779=L?:EA8FA;AH86BB=85;B5C5:B@G;B=9<C@.62@A;:2A:<6><<@<7;7B;?9@8;6<>0J@AB>FAGCHB-/73EA>BD>@;7;A?:G5D@=82<:>?5IF><1?;=D3==B2/BC2/4>9225?5A9;P@2BBBA3:?DA>8B57;C9B;H6>B=@89@G@;.B2BEEB=54A:L?ALGJCC:C7@?94CBB:?CC)B?E?B=>3B5@<+?@;@/B=::G:;C<@EB6=A@2?:4?:?6<2@C<==JCB>6GJ3B7DC6>8>3@7DBC=?<80C@-@FB;6>,*J'BD::H>?7=CC4<F3?>A68<>48:<59FE??26<:3:@=2B6);?3D4@>2=0=;8<;@->C69A59874*16>8;E=7D==CD63@7;9@<=5192?CDA?:B@=<@<>;CD4?=<;D?>@:?;A<20=85><:@9>9B:B1?A=7=@C82.D8==1AD9F=82A19?95:G:=3C?E461HB7?774188EA8/598<BD4>;98?-8;?F>>9GDAC5@>3?+>?7<6?8=9B@@@;<@9E?AC@@6::CB@@84A:>5@>6/AF?=E5ABCAA6<:B<@=?C5@)B=<:;>BA6B?;AA;@>@><1;D?@@;<15?79D::D?;AE<=@?HG?CDA8;DBAA?@DE=@ECEF99?F;,@FEB@98G?>A3?@:BG:D=>:9AA=@B7=JG=GBEB7E9ABFC@HBBD2?ICFEA@<<;=?F@46:E>:J@C0EBHD8A6A%BDA9@695H=@8A@:(38C77?6A:=B;=8E<4::98-B=BA@H@A<7D?:38;9A.;>A/?E:;3@EA@2AF79B896E77F6@ACD3A79H@@7A;=B>53;86G@:/8@B?@>9A;:A?C58@>@9C?A3<7=96?;BA9A==F>;0@?6ECG?@3D?=B?7@:85B?@@A?8BEA:9CC1DD2BA?GP9=ACB>>=>>BFD:BC,G??61<;9@I=9B:?ECE84ECEAC?57E7CB;?>F<9<=43<@DE=E@>=>:4?=B9=7797F?<.95<=<6H>;AF?@>@AF@;9E?C>A40G83'<:BG4C)9=:<8D;?E/FC<>M<9?BE=3FH5B:@BC:,?=C);:;>8?K7=><=99;AIA?5@:@@=C8:<>4;=CB7<@<>=4/>O?4:>N2>B/<.C9?8<;=:296?FC=B:7I@=8A=<:@A94D7;DDA:2CEE?<89;.-6<8LKC769@8,E;>8B74>?:B:C;C7AC63?82>;I?E?C?9=1D7C9?CA+GC@@?AF;9AM=<5<78:>=8OI094<3,D=EBB?B>E/=7:8CF7<15IKD@?BDEH-BD;>7DEAB;?>>>C0BBAFH?=F>?@:BEFB:=HEDC?B?:4EGA=847:1<>A55C>DJH>:A=:C:7@>4A7;>;=>5<:F5CC>2G0A;<86=F@=<6:?:?3>=4-K5.B=DCA>82;EDC>7:566=6DC5<8:>B1=C?@?5@B2<8=>G=;?82F9=8:8*;<.E48CE9B0@ACCC9>A;?;BBHEB;?4;1>=>27A6378A87=?0;A=<9D><;9>>F@@97?36?-:>0267&?;A?6>9;=0@8>>=3;.:7@2G0DF>8;6>76>@?<716==G=-9D;;9-A@@-AE7>>5;;=E*68?C,?1B;F?.=67:=<;F<@D14?;:<=.:48/CI;)5?84E76210<>29@B@8:=?F<7>64I=<7DF=@7?;:9:=9F;/,C>?E;2B7*B->6?CF<17>?C>7@35=8:?.EA?C79952?5B@><==:@9@>11>B9;A=F@B9C>B8AC;8B5BD7'==?@;,@<->7A:;A=??@5A>+>B5:F9@=:@55599;C@=C/=>=97>??=<.=?87DH=C5FC<;<:CHGFD4/AC9>,G;I9@D4EBCDFCEB5D;5A@CF5==?>@=D9@I<=6;=:>6DE@;J?C@8=CF5D=AC<@A4B@:D?=2C<5H@;6B4?7DBA=J7@:36?AB=7A=>@7@8B0808G@E96=:E7DECDG>,CFA9BA2=23BC>@C5B8:(?DAED>D@>==@759:8GC@@A97F<7>D;DBED@C@>;6?8EC=E73@B6BD?-DCIFA=K@6<>GA:?H8@7@@?A;69;?B@AH;1;>==H83@I>:4;88<9C?E:BND>@@;@AI@?>CM9@37?I=I4ACA7<<'FI1>A&0:E>.A@4B;=/@=6J=@<=:D+?96E;8FI<@A949>@:>;>B>8D?;;>>FFF7DG;D1=CD3?EDB@84C<4:=E>J>C9E?A+<-8:@:SGDF?;;;8B8=JF6=6@?;>B@E>5CBI;3@>BFGA>B>@D;@E;DM@G1FFF><<4I8AA9@1A??;7D46:D8=0E3?C@?CA=AE@?AI9F8?68=>F5:?A89D@@;A;DB=BH;)>8:?=A=4A@?==3???;<:H678D@?>C7DF6:53:9@;??4<;+L9@A7=G@3F9C?EB=>JABAA@AFJ>=8EB<;C?GBAE=8;2IJ=4?@@:7=L9>@?71CG8B=;@?>IA9:G3:459;>(CF4AA<36B2C?G:@E59BEDEA7@?@B556L@D8:6J<7;;@=>>?>AA;4+=:>?<4OH86=AGA@B=K@6D8A:840@EBE77;:?@FA7>B6@A8>CG58;?=B847>8=A?98:C+@89=5B>??DC=?C=F>=B7>B:48C@A6:7AD8>A>=7F@A9I>94D29=D<<::<@:B?2>:AC@C,CE;3<>767<<'=C;789E==E58=<>E;D=2C0<@#?:=@7A:@2<0;:;'75:BE6:*D?9BEC>>8A;7C(/9::;,89.=5?AB:BAC1:6?@:4??3?=>><=H,B>;9<=@=:9;68BE@9DBE53:=HDD@9;9A8@<=6B?@?6:59CA>)@9B76>H8DE-AA69?9B?9C@A3:A=>;C.8>:3BE//<;.GH5@B=B?D?=?@HCI>::C:AH83;H=D:?6>;FIC5@?C@9@7A1AAHH=34AI>EH=>?B9EAE?DB2DEG:F7J(8@C78?H:>DBCF@<@>4I:;G<@=?=:E5;=7B?6F?7>AA@C98:H:CFAKC:@;=7<7:/BCE1DD?=;HBCC=BECEG;7@JHD43C7H?;>@BC<88DM?=45@2>==0ABH:A8BEA9E8<<@=@4;>DEHBH9=?6DB@8DB>@=FFAI@B@29>@1F5>>;KB;=@@<9;E=E=<7>;H?9/BD<==8?A<6@G59AG>B629J>C@C><;E9=@;=C7B7*=A>89<@AN@5;ADCC;C@:E88@DFGFCFCD?GAC;28:ICIF=;4I;DC6JLKE>D3G=47>?D77==KC>7=FB4?>FC=>>@;7C=L=9AOA=H87<@=KKA?<:A:>>F:?99?8K6E4F;C49H@A9FG7KD=CGCGGH<99:AAED?<:<;9E:8A>>;DBGG8=;@H7@;:IH93<);88C6=D?79FGB?C:A;B4J::4DGI1>D5=<4;HM@GH=J=7=EDGBC@JC:HH>=G?B39,F48AH@>ABBGHD@A:G;GAF8<@>R>D5BH<,LE;49A2*98CGF1>DD/78A55;4BF7;9;3>=I@?:?=:?7CB@.=25E=<@C9?8B=51:)';A0B56C/6;8;>95E?@3.8-8@@C1@A?;<47/6?7?>87?9>5BLC8BC/E8A>BI?#0@DA?9B9A<:3H=J5@:B65;<:4;DF5@/6>??:?61@=>6;9-:E4B/39<@@=A;6>=A-6?:D?:?B:;D@:@;=@:>;G@>=;:??8=:/72:FA8=@:;A<>8C.AF?84BA??;AC7<@G?5?>7/5<:96DA:2B>9;B7G<=8/?A:BDDF60>@>,7==;,=B5=9(@3::@(?;C@8156;*5790B=>48C4854I;;<;D;@?,64E:394?7?>388,?>/:9???5<;17DB=:=AC9-A==6AAB?6>;A;9/45=G16FB54B:C3;A<::@@504B8><>AA;56@B;9>B;7BD38?A2E@NAD9<7AI:<=:B;?8=->?=@>>>?A;>7>,93C>7?GD:;<9D?-9>A;;;1=<>52;>A==91@>=F?@D><@:A=ADCB$?=DH:;88>E=?KBA3>9=>A7;<@>B4CD8@9>H;F3@O=?DFD@B=A=E63?B7G18D;CAFHFCBFE??5;D@IF6;K>9@C>EB,=9=I8=FF@@<@B:ABE?=BB>DD@CJ14I@7:)@;3C67/8?8:8F=;=7GGC5:7>4@2<>:BC>@AC4G>@EB9B>==EC6=E->:>=8DEB6>AB=@69<;39@CB4:0;?8*=B1=AA;G:FA;?FB:"@??7>@><=:J=;A3983?6;?6,7A==?BC87,/@B?:1@><>A7@2D@;;9J@>G2:.?CCB/C>E;<<9A@J6B7)7<==9A@5>D?E@A=B=<@2.0G:>34>6:94<8D<>5FC=B>?;7E;>?7D>>=.6?3HJBA@=6?DA72>=/9C9I@DD6A>:IC@?BB?BD>?:F7:>F3B@=B=B997=?@0G:;?569@5?GA9H@;7C@>A;>B>=D2@D>I9H>?7@4>>8CF=7;@?E<>F?=;2@=?J5?951I7E:E84D>B<>9?>;6A9>F=;48@;;:?F9?<9A86>>A<=BIE?<9796>63KE8>D@5;95FDD:?=;COBBF.GD>9AG;9;J>@3>A>A6ED?;:=AB>K9>?:?8>>5<)2IGAABC9F<<@A>><,@F9E7:D9;9?*8E9AB??>:<9F=CB8E5@EC7;G545KD5CBB1@?5L8>DBC<9D?C<-?B6>.:75A>4>><>A==>4A<<>=;?5*=<:>7>=:C96>=69=@E>A><385C8AF?FEA+?CBAG?<=B=C?47<98@9>>E<:?;A;7-3@?=A:=;=<=5>DG=B@G;9:;B8?B:@2>A5?3C:D==;>B5C?67H0>A@925AA;@:;=::>>>@F@<9ACDD:>A34?F?CAG7>:4G7;B=9>>6?C0FB=-8><;56C9B;1:;;?;=H@@A.375?E@:8@;8:6:*:.@@:)@I::CE>:>D83=36E60<8;B>??KBG>:8>A5;:F=>+AC>>A:>7F@=:A@4E22<=@G7=38D=B2?5=,?9=?67*67:@F>?:547?5;@;9;>:>8<:B82@@=D<<=4;/D6?>BBAE@-D7ABC1C8=E/>;D=CE=>1;==?A?8EHH7:CD2:;79=A5;C:CD@7B?@>=@DJI:9@84@>/5>83=C;:<>D>:;G82;:6CB>A:;DE6BAA7;HB>A52?C;<;3B2=:IFB@=?>B8HIDBJD@B6=C?BAEJC:F8A@E;FCBC=B2;?;:+8AB3AC=4@>C>CD=I@@EFE:F>>CB7H>?BBDCEEAH4GG6F8><=E9I6F8A1::?;:E@2F@FD;==II09>8=B=:G?>7?=?8@CEG852CDE??4?<@9?A:ID7<=B=CA:>?9H?34@5GA06E:E:?=>;B?8E8B>?;+@B;C/??B;@:<6D:95:9=J>;3<783FCF9=@?=:3?B>DJ;D7:7@=@G@EC8@:G89936B;<;?7:=H3ABE@B?=;74CE?HC<7CA2>>8@@:@B?=J87@?G=B@:B8D57=6?37@>>=A85D7@8?=47?G:AGI=@87DC<@BC3>B7E?<>;?C6B>=::C:>96C:?E=@EBC(DFEC5FC5EIBK3<>JGG>B;IF=??EHA@+GF?>?DCF895AK<3@6CFEEHCGJ6?B;5EA>>BJ>@J6D=BD<5=<56F8=@7F0E=83@69055;>=<<7<5C==?90*;3FC;2DC7===J6B?<:><:AIF<6@==<;@6<5=A1AJA?FDE@5=G@A9?H70@E<5JE=77><6=14?=?4@B9CE7=I6=:K>@+D@6DG@B4=8DF@8=<<54?@B1;9E49?B1;>@>CBCAB>>DA1D?HH:C?AB=<==@05A3@?;@;C>=>=HDA*F.@=9)A8@B<7;9:8:5;<;-LC8BB9F65=?:;=5B@@:;<>9?9=H+AGJ27;BD>E=0BB5B@>9?><,7>9D1D4@);A:B=74;AA@<>-8:ID?48D>;7BA:D=<>:@/@;?B9?@8;7;59E@=/7CED9==@EC=E9=G9<3F?;6D/9;;.F<@;?=3DD=4=:@;E6;6=>AA1;/1@8>;=<8<=/??B7DG+9<->B4;;4:FA?.BA7@?98==E>3:<>$>EA49H>D>3@<>A9>AA>>C1:?33>?CA;?FG19:49@@>;99<7<;B&39C=:.-A=>CB?E=;;E?E69B>C@=6?0?C3:>9;8?=;/:A9H>>9?$F@?*DLBDF?>=7G9;:2?3C;BCBBA;9?>BA9?6>8D94=7@@B64,==@?/BDB6D@C97D@?DAB>A:=;A>@8:875>A<>?/;?97EEN-D=@E@JE9;B;46CH?>8B:5D;HCD;FD?CGJH6A6@;6>EA91;B@DBCADH7C@;59>C?EB=:==CF=A49DG?>?9@'G>51I7AE58><3C=>I@89EE;>;E9664>;LA@<5B;AKG99:=.CBC<2>?HCC>?B?@6>;714BHD::GE4=<:ACB?D==:>BAC=:C<584>;8+4ID3B49=9HD9;6?>:;D?7:DA:JG@@;3806E8?9=37@FHFA>DG:J?7EDC>I=9:F@>:H6>IE>CB9@F9===>D?E87>=5B9A?@4?B>69CD4<7E@B:@F-C@8:@B=BCBF6D>@CBJ8@F=E><@3.GO=@@;;5@><8CF12A?AE780=>O:FC=B@D7>I;8@?:28>B>>B>=AEIF7?C=B*8BF/=F@:@C?=CH@>=A@><6ACC>5=>;6D@8DF8HCE;@F=@-?DCC4B;G@G+AD<>=A@P@?G<8>9@:?7D=FG=B?A9AEGB5A;B===B?BE;=OB6B=>@@><@I?A4H@BAB9==@;?9H<;>CA276BFF?;E8=:@A;6=B898=9:==BC<@99@;A4E<03889;AE?DH@=P.>8IG997DDC7;7DCI?FI>;HDF=?;DE9@7CA>>8HBEC8J4?=>1>CDAB@C??BBF>B5E@@>5D:9?G:7AD8A4DGC<6:DC3?;@<9C;?:5;?K>A;B79;1@ID8B22+AA?76>G?DBFBA4EB04DA>9=?EE@<=;O>97?=:5*6;3?D6:3@F8<;F?A>2;=;E=A@:;=2?4I7BB>4?A27C7=5?;86:?:G2;G3>94D><'<9H3B<:=<>A-:=:?D?D=>;E:34<>CEJ@@8@C?@;:>B?@2;FA5?:>C=C?==5*>96=F;9;89J>F=3>H>D==CBC:B9:D4C*=9/:3/9;<==@=CG@0<>;CFGEDA9FCC00K6;?D@9=939D4FAH=?A>D89?;@6G?;=2<>:GGBB@EB?EA6G@EB>9?9HE4GA;6F=>=G?A:8,E;:C???99E@3>3EB9H8?FA?CC?H>;@CDE@F@=6G@=@@EEF7?=@=@83E@@8CD>GBDEDAHB<=;>@9=AB>CB68B72FG@CFCDHBC9?AEC3=KC8C;B;3AIB7BA;C@F<>7<>A8E@;@=E8AF7GAD1AC22I=CD5A8@CD;>DB5=D@J8CE@;<=?FDE:0;CKA>BB>??GA=>D,EFD@8G8<=.=?A8>G7BBBF'5C8F@F-7??HA;,HB7F2E*7C@-G@:?C>D:=C>@;3;@3?>.;D;AC91BC>A:6:GBC9;BGE89?@E8==;?B55B8@8@=C@<0>2C=A:93BDCAD?F:;I>H.=;=C@F<9KCBFH7J8I=+B+D@?9:;E9C>/;J5@B:4?>;B?D4;34D6?-G9CGE<@93HI@,BBAF7:=6F2>F?=8:B:6F6?7>?2@@B:E?@<88<=7DHH@A>7E@AEC9=9E;B@DJ=<>F8HF978A7?=5BDAFB=G:E:LB?FH<:@BI>BA1AC;D;C7DC;@@>;@1A?9B5L@;AEA<D:1C:8CA<.3D?9:E>:E><5D:C9HK?@9BQE;:1=D9;1D:@BDA>F><7CA3<=CC@>=@@H5;6C7C@?>=;9D<;BC9=G;:@AOIE=AEG=:EC<@ACA?@<4?AB@HE?<:F9?J>@DC?2=EB@>9??;@@E=?:@:CC9?;H748<;4@AB>-@=C:@9H@B<:;=7>B=9@B<=3??C?F=?2/AAHE?;H=DIEA4F;CAA@B=;B;<7=43HI@66B=5?J=,BA8G>?DC:?;JD04E:DF;;:C<9B???:<5@@<@FCD=:=GD8?;E;@D@B>A?59>8?=<9CAC7?>=F>4@@@1E><>69==BE;8<:@C92:567I:7=B7C*05><<;)FA:IF@9EC<:<88@:FDB3F@>AD79>=8=A?69A?2F;@5CAAED=;DF?9?D;8B?:BB.A5@>;:8B??88D=(66A85;>?CD86H8@16GG88@DE4@@4FB;L6:>GC)<@C=D@B:K;8=A3G==@?=3>@EED=@B:;==CFC>5G>:IED@A;@?@CE@B=AB?@H>:G=B?C6E;9=;<<<;8@C@==7B9B7F:BD797?B;;=39BDAAGA<99;A:>9=DE>>=;<9;:@8:B=IGA@FC;;B>;5>EDCA::ED8FFH?G9@6B=ABII5H:I8:;EG;BC==?B578?;;@AA:/8H7><@=9?B?5;AAIC>78CJF3@EB?8=A7G<=9C>CF?BD>>/4@C9B:>??20D3ED4>8@?>.H=8=C1<08DBB=@:<@0D<2A+@C=?2:3><;BJ:8:6B0?=?>D=CE-B=G=F@9;<<36G<9@FB9=?8>9@E2A?;@?>:A?GI@@=9D;?AA@A<F0LF4<6=8A>?315;$2E9GBL.F?8=>A@FACGC<>EJ>9?>:@AG7@2;<::;@BFEA=?>=C@98=;?@A;;;490@=?97@C@=E(AB=@8@C?BI:)=EB>A:A277?BHBEA9;@C=@@D=7:E83?=E>=:8BAEE0CAB6>>:;>5=7A;76;G<;E;9I?4D28=B?=?1B2CLEF=;?;=>9FAA?9A9I68EE>EC?=?36HBDD?C30;A<6E@3?GF=8M@@)4::*@C5?8AK<6AK8*CB?C58:=>6FE<;E5AI=<1B<<>960DHH38B:@AA@HG6@5H>BKM??BGG?H5DG4BH6>DCBA<C?8:GAHG=A:8FA@A;>=B;4DOA<31>G=4J/>6;BD:>82?B89C?;EDE:>CGB8=99?L?A:>HHEEID>3BG=:E>;:CCQF=;9E5;D@F<=@?FFC?F@7?4@63BB<=@:=C7AF?<;C@?7BI<<9F>@:5D7DA7>D<>FA>?:4@?6B>8@>5A9BF=.J@A@@E>A>=BE97A6;?;?=D>>:CI?A>D;?N1A=><=D?C;9E3B8=6@9=9B@BAB;?9@0AA20B:8>C=9::C?BB@A?G;@@9@AE<@5(8>A=E=:D>==<<6>E>E;:A8;A?:@;@(A7:9@;A>7==,?>@BE==@G>BAAG7=;=I<9F@=E8@KB:@=??;C?A;A@D;::C7<;A.7E6A?@F=J3D@HAC@>2<<6?EIB/BDCGDC?7@@1D9?@A9B=AC@>:;@>>8B=7B4F=AH73>89=7C;B7AFE7B?=:@A;A=<49;GD?9915;B:@F;?+<>F=<6B87@1D2FB3>AD8FAB@AB=DFG>?9AAJ>B8FD8>C?@DF5>?A5F<3;46B=:B@+=89=F?E1E:MD=FB?7?97>@I+BE@A;9A@7;>A@8@A3:96;:7=;9>I63A:@;>F87C>0E48??=AB>=>A@I11;H@;;A?5?6@BG=?@909=ED93(?=0C<@;?=2@;;<9<9>B:=8<@JFB36@@=5@93@;C=B<9?G96DAHH,9DD4?2:=<9D;??<475BF=?B6@7D=>BAF;G=@>4@:;==BF7DA>A@C;CH8=BDG:=G6E.C1D7?F>H;@:>B6A8@CCBH?C6BJ<@EDHAB.;EG)8AEB>CE;A;63E9=@8:DED?B1>B>>0B7-2==342.C>DE;BC>;;B;4D5B?@5:F65C?BIME==:A:9=7>;5D>AF;6=:5<9:E?GH<>>5D=8<4/>A;CIE3@BA=>ALA?;A@CI?A??CHC->C91@E8:B=8G>=>,>H<>:A=@6GGE;:BH=<4?;=DI=AGMDAA?7DE7?7:32F8@H7@?@9FDBI=;B8D?@:;D8EEI@6>E>G@AEI=ME<0B<=G9K>7?B4=@7=8@EBGC:D?F9@@BHE@>>ABC?<;ECR@0=>=7C:AC:C)A6=?8ECA;:E;?)B9GC::A=?>='1B9A69F=C3B@9?A=B/=?A:>=?>B;;==7ADBB;DD@<;<;BIH8=A>D?AH9F?:4B36:<;8C@7@;=I@D>.=3;F=DCB?A7@:F@<:HEC4?A?BD8:@;7?3?BE>?O@=@7H4@:D34EA?>5?4??:C=?8?9=8C<=>@?=;;@?1>>;?9:A6@:AAF>3A8DC=?>;9:4@?A<=A>?@C4=DE<6<:?FB7DD;2@:/=;>8B6D>E<9;>BFA58@A>>?@=O>275AC2>DIB=>?7E?:;GBCB;?::G>E>D@A0:A5B@8;=EF=BBEAF?A0=C@GB>;B@A@C:F?>F@>E>8:?6:@B7;E<>1=EE:KF@FAB:AC:E@D.??G@=@B98<;;3>A:A>70@D4<<=AE>A;9B@AE8D=@?C=;;7DDB<;0@6A>4FBG>AI788@@;G1H7>3<3<@<@A5DBD<47;?C8G=BBC?<6:9:=@?DA>887@@B>83FG8?J9BCDBB55=C:51:;@EC@99<9EFGEC?6;G;=::>7A8H?7:>?:9A=/B?E7=A>?:;A=FA52<8B=@73>5:D/?2?@;:A<@7A:9F/O@D@;AAI;8DD3B=>3CA==>59E8186G=C@@8675:=88A=?;:3?.6F;??CBF->@:EA+EC<@C*C<=797A3/F39(5A@8F#5/C;;J3=3336=1>'?@E?:?@;924:H<33F>4=5@E2F:>AE<2?00&G8DC0DK=8A:;.@C84@99=@=@F4@67B?9A<5DEA?9;G=-<2DC9H;@3B9>=99>99A=;6A:30==>?90<;=2AB867B1B@==B;6==BD?H?@>4DE8DDH8I@8EF8#=BC@B7BD@DCCG=C>C896D7<;F8@I?6?B1F>:<>9DC<:B@<0=;A;8?@DC0D7<@D?22?-C1:48?FCDADA8?7FDD62A@=B:5?AA=7HM>4A9K0:?7EC:<5=>AF9B9CF94>2AE9J>6<>B@27??59FD@9<1>:G?A<*;?E9IDA9E?G<:=9=AA7;:<>>9G23AA8D;7G;<>C=>;DB9EBC><5C9?>C4:=GALG;;FFA?EA:?4<3<9599:M=HF=F>>FD?E>DCFF92J@H=7AB=977;;;F@C;>?>D6>EBBHBC6;8?:?IDA?44?G*875?;?@@BD>7:D@CE:>AAGF2SAC67C9B>D<;=2>8=,=9@>FE@6C9A@AC;7F<@BE<;95I@;:>C3=EAHL9C:JBJ@3==;BB=7EF;3>E;4HE?.?:E@H@;F>:B=:C6A<8A39;EC?>5@B@CED5BC>5>1@?:;8@9;ACE@B=@?=5=D5?:=5>G2FC@3>C=>@=;=E8D62=>:DF8A9AF@==>HC;B>;B?/<2B,@;A5C;HAC@C;A;9AL?8:B;B9E>F;BD;C>B;A@;B@9G@>B=A8D7BD>D=1>EACCA4?DI:>GC?CK9;D>F<=DBE>@?C=6>D>?H=BC@4=?>@9C99>C9<:D;=8DB=EABA88>16?;7D:9BC;7AK><=AA:G/@/><>D3??8@GE@<:BC:LB@DHAKB1ACBH9<:@F;9GBB:B9B9=BDDFG>5969B4>3>=A4;D<=B=9;:BA<=A8H6>C8A:A0HG7=?=@>D><>CDHD8?D:7>7;>==3CD87>B5G22/64F6GE5F?CA?C?@DG>B<4:<4>AF?JB?A2@@HB99FE6<:DBE.?>26>C=A@AAC.;C62@6E=H=?879,:7;+)>:;*B9<9AD9<7@D67E@:7=1E*??:4;?;7:=;<>B5865/98>>@>?:6@=CA2B98A?;4AD/868@:F@<<@EC/?@3B:FF?ID7.>A;>B71>*?8B75A4<@>A8>B@AD==&8*E::=B8CF<@(=4?50HA@;A>FAA=9K2<:B=AF.E><8=?;>8.B48;><=67;J796<9G:A5=B>B=>==9:4@>7==4A1B=:@DB:B?:JG8??:,7HB8BF<2<:?5;E89;P:/L?/9;@25G9LB?@E@;+8420?<9?D=>?8COCE9?D@C>C7B=BDEK5.B6BH>=BEACCD@B@:GAEB9>?B7>/??F>;:JBI;A.2:=;AE?@ECE;9@A8:@<?@9>3>6?A=BA>BB2B=3@:?9BI1BC@FG?@?B8?8DF>;C;D;=>,E;A883A@FC:@96HBC=>=;M@@@B>>?@==7A<47>ID<;;AB<<<=:@>=BHD8@?=BAJA?D?AE@=G9:=A;<6@?H;>GC9B>4?=B@DO>BBC?B7AA0C@FA=?>GB?=G:A+=C>PB8ABAKD9:/?EA><:5=A/=>>GBCA;EDD6E>><@B5738B>E=:;8A88C:8E96C;AAE@@?=1>>;?C<@@<;?@;0BC6<7=2<2:GEB@5A8?@=?C=ECCFD>15@EG:>1J=3>:?:EA@><4E;EEF;>0:DCEDCG?;@:5AB?75F>@:D:@4BFC:>@@B5D5A@:>4;C?5>7@E8BEA>==?GCEH;7F;D;?<@ACDB?3=1A;?=A?689<=@G2<8G>EE;:>AEFC@E:B<>I9B?;67>@E?@??CCHC?>@E8BAB6FB>?@2<H8EDC5=:>6?5AF8E>E6F:9>FH@<=DDH=<:>=DI@=.F=J?@I@@I77>>=E?:?ACA>9BA:D6B>CB3H>DCAD<975=3;7;E9=?A*=A5:?JF9?6D7@AD=AB<5D<;GGCG9;6?>==<@?F?E5B1DB@ACAD:<86>.9E4<-@=:EDD:9?;@;@@A2G@BGF;EB=;CNJC%7@1>>>FC?=CD=A,6?:@?L3G@E?C?;4A59?;=;AG6=<68CB4HB?6B:A89;A/C<<6@<;=I;>>:=C>88F9?0?@.:D/?<=@>4=;DA7B5@;;>:)9C<168@@0BA14163=H5???A@B0:?7FDB73@C;7527E488=H8AF>=38B:D<>8D@6B<=917G>@H:@>?B.>D@:7?B>G?;AAA63B;HDDDBB=9JA=;?E8=@>9@F?;H@66D;EG<0:=6?E?DA<<8>;=?D@56?G1CH8BC@>C;>6?81J69A17>:<=AD>.>:8F;)@<5G?:B7>EA1@=FF?C>G42?CBG2H9889FG:76>B@8BBHE@<0>9=>I5=0AE?@6A93H;==?H@;@/D:??@A-?739EBB35F=B9D2?FG>A=6@EC;E;=6BA>>8F7<>E@:C1><8F:BF?D4@998B2@5?<3?DEK7@-@BG??<*/F<<:E??9>F=AE5"EDBNK=GM>:>A=HG??@A:>G;A>;:::4DE>?H=DBB;9J;:9B2LF@@C:?F@B=C::;9F/B=9E??>>A@869;G6@?>A=?I>9C>A:>;=2>==;=AH>9>8>@:4@>:;7EA?=A6?AADHB9DAH3<@7>:DA?A+57GCEBB@F,;A@:;7;>=5N:,6B1-8<=6@DE7=CC3?/6?:6<=9:(BG0:B9FB>;FB:?AD@3>B6JCD42;A/=C=:A;@8@H;9<);=B=B;G<7?774D9>=>D:<:>=D<68:1??==95@E=A9B>DC98;D?<;7;@=;.@FC?BC/:9F>:C=7CB=6C@948F7B4>7D??4?<>4C=E:??;@B:/>19=<:>=+<7<=G6@8;:A<=:=F8@A?>6/;>@F@D=B>CC:A@&=D>C=AB@A7<=>?;@J1A>00FE7;A5@>/=>A=B=;@AJB;>8=7@;;?60=C71=A:@8>BB36<536A73@2=9=>G:>=C=C9<@4@C=DF53A=:5DD5:A4:3=<9DEE@832EB6F>FA;G/;J?=AA7@?69>HBL=AA9FB=?6>,<4=8AADA>;?A:B@7FDCEB;A<:?DBH@:D9H=F@:3>CG9A<@BA;7<>FB@;IC9BG?-5=80@??1<<;I5GC@BI8=B>4EI2CGIBI33B?@45C<;B;34;A;68@F;=F?>5ADFB?AC9<;?@?7B;C6<72@=6AACG@DBC>GF>JB8@EC;F<9:8>2DDB6FHF=C>5:?A8EHE>C7?>@9??BA@8<>88 4F=6=?@BE;;:3B:;FE=6E>?=B?>:-4A:A9483<8?:E?@,6-5?7;A+><@96E>>;G0;B<4@C?.7>I<@B;4GBC6?5?H<:8<=?=E2F49H=@A2AAB==6652A?4E=65:DA@0>D@A@9@E?<7D<4C5AD29?3=7>@=5D?B1:/>=CIB?=GAHAE:D5ACG)-:F0,@>=@C?267;BA4A5H?@@9>:9I8BJ59G4@0C,7;A9CF@:;DEG?<>?471F?D8BA;8G==CEB44E<@FAC:C>A2#578C4Q8<=>=A;0>@??HBBABBF=@3?BB@J7@B;A6<5:=FEB7AB?29@9=5B@JFA@CGBEFC;G3@D:J?BF>NFD;9=H@9@9A@A/=@;1.C?:A?8I?>>GF51<=C8>;F;C=EM@=<7A;3C98C=7A>E>:=@>?G8;7IB8GAF?D>=LFD?DA<2=D=<;IAG>/F?;BL@IAD>A7D>H@B9?0@E6F9A9C9AF?@9@A=;I;4ED:@8G<0BB>>AB@@=D?;I?7<<@CAF=D>;BC;<8H>7:4BGD;9?@<@@=I;??=9;>C?F8A>H3L;<8G76@D;3@?>B>E9G?;=@8?;G1G5BFJ=0B7=BC:?J96<0BA4@6;=2<D@=;A:>AFF4BC=JBHD9@5KA7A:8C3:61C:;963B=CC<9>A??5:@45>3A9=H?B>@;=ACAJ9=@6?B;:A34;8D=A=85:==B>9;546B=A<:;;?>6=98>A>=FA@=4,B5:;;?0/;D@?B?@3:;?JCC4;F:3GC=D:?C:-?BA?:7-7=2C7?C6B>;*A:=FB>=;?2?;=><>7F=956?4=>B<7BA;<+6C>GBB=9:?=@/>F*C@@C???D8AABCC3B?B>C93>98A><:E8>:9B:D7G<8-?<@<5E>7C?5>4@8;:?:=EA8C3;F<95>=9??G;85E2A?;<4?8;@=>JE3?B=AFAH:B4=?H1CF?>;@@>A=@;5ABE6A8<;D>?9AB>@E?C<>;=@BI9A86A?B?C;;C==?@@?GC:;C=F@:8B8?CA;H<6>4:5?8C;EHAI39CAA>G6=<3?D=A8=B:8<5@56;?:@;@96:CD;8==>>=G4A8>D;D=5?>C8A;H>=CB>88=9?96?@>84?4A94@A?;DAE;6B>)*1>C::@97@B17=GF@6@A6E:0EE?A=6H9;F4A8<=>9@83@>)>F>1B?;0AK?G3<3:>DAG=66:=96>>=A6;7;?F/=@B>39>:?;AC=?:99?58:>>4::?<9:?0=E4E9>8A8:?=@C@;?@B1@BFCCAG<<:=G649+>DB4A7;G.2?;C70A;2@@39@=??=A@:9:;7996:?BFGD9<;0C@DGI>A.>H<@@E7>=@B7I@<%9:;CBC;C/6=D<;?@C==-?A=E397><9=A>==:DC=2BE:?86?A1;>;7?<@DDID<1EE866>?CD6>A9?<:A299A:I6@?>C@BG7B?>D:=797@C2C@=E=7Q:8>F6JC?FFG=?LID6@=k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b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“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