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:99076806 0 NOVERFL:-1 169 0 MINIMUM:0 MAXIMUM:27816 NONTIME:0 NLATE :0 FILENAM:fastscan_01_0119.sfrm CREATED:18-Oct-2021 12:19:16 CUMULAT:2.000000 ELAPSDR:2.000000 ELAPSDA:2.000000 OSCILLA:0 NSTEPS :0 RANGE :1.000000 START :118.000000 INCREME:1.000000 NUMBER :118 NFRAMES:180 ANGLES :0.000000 0.000000 118.000000 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 -1500 TEMP: 100.00 0.0000 0 ZOOM :0.500000 0.500000 1.000000 CENTER :773.937600 507.144200 773.937600 507.144200 DISTANC:3.996003 5.000003 TRAILER:-1 COMPRES:0 LINEAR :1.000000 0.000000 PHD :1.000000 0.048000 PREAMP :0.000000 CORRECT:INTERNAL, s/n: A112250 Done inside firmware WARPFIL:LINEAR WAVELEN:1.541840 1.540600 1.544390 1.392220 MAXXY :665.000000 470.000000 AXIS :3 ENDING :0.000000 0.000000 119.000000 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: ...............................................................>A7@GC=C?HFFCD0-BECCI=NM@4;0:A2>N=J72B1?2G:B=<>H?B==BLC5@C2D@AOBH>@B?FL@8F=B;;C=8D>A:G8ABJA<31=E6L<>-CH0CCECN6?@B;7;9>:BFG6;>?6I5==I0:O0=DD1@GH8:H>A=<@9M@ADH9@8ENF8=3JN@=A2FD:9853=HLB668L9GK@?CB?D:B;G:C>;I>4<8&8FADF=3DE@E@3(HFAAC&=FDGGGF=6?D>:PKXHAC?;EC=DK@CI>9@C7C2FJ1L>AG7@FD8MM9D>:DDG58D=MB@J>AE@D>939I<73@A>3E67JF;>E2DHFBK;?7NJCG=9I0>>/RN:TD*6?39?>0DF;59BFD:<=TH<8LB;CGA5?@H?ID;BEC:*AF;EA5-EG1=6E4(FE.<8>A>6;CDGAN4C:DK:DBK:H3TH=DLF;=4LJN@26:CGF7M>F9ADJ:E9L*MA9RG6B2EGK@9B5B5C=ANLF7P?0JFD>>GAKGAL=L\TF9J3;G5A0@.>N=B:*<@E1?9DHED3C?C4>GD-;CB@3E84>?=CDJNI875O?=MHG:'?.H@<@;AE;EFLHFV5NK?=DC@0;D?;7GHSJ>8;B;+HDY4L84>:2<5';<4-;C8>;A:=3=I95K==@E7=:=HE:H0AHI@>AAIHI<46A8363EAHPE47<>7EN=CB@8?=@3MKH69I5CE%>>EH;5G:G/C6DJ>@BF;36*OI/-@FCB=>IIN6JN=@CE9IIB>JG@TDBCFD25>EILA??96AHOMB>PDD9T?2SADN:;=CB:=H5BG=BI:9FD:C8!>H150DC;=QL=BJB;9DSG3K@EB>DQCMLKB:=8@97F@G(BE5<>P:3=A1B:3@BH=2E=2?HP@JG8HCA9C;2ACT27J@E>6(I?2I@EDKG:5EH7:KE=9>-89?CEEDFE4J?C?>?GJ<1>AA>?/D7J/H6ED@3F=J@H8?HDI:7L@6SEHDICG8;7?A8=E94L9D31?DDAF=HLD>@IJFCB?F;1CLC:ILFBA9>/IF76:JFB8HL@B03A8AD97G@C;JG91AG6A=:E)1FG;>C:DC3AH:FB2=D<.9HB:BDB88=I:=F0;DB=;:MH;8A,F@7;C7I7;79@;@BDFE=@G7B6>>HKDB@>7;;>2@ADQG2IC09B?E7E:8GECM=C@C?.B5H<.EB?=A>C;HJCM.1:%?<1EA;F:EADHB8FD?;KAGE=1EAEDFCEFBB8<84N>=8AGJUFCB4LF?C7AWIJ>C8@F@=CD=;F8>IBDG;4D1:AD@4?L>C.E57=JB:L@HCCC@D7>B3=HG;7G>AL?93?4F>@I=FD2?6;B?9@C$@BE8D/1:=>@A2IBK=B>F>@96JYE/;HIJB?AG/OCNN=K?@EMHC8HD@@DDP0?CC;;3=G@@D=BOADJ:IJHI7:LM@:?;AA?U5IDEPIGG?<;6?GB??CA@D?8,CEE6G3E7E;?.AB9H>DE13/8@D4NHRC<0HGD9=;IDFL:CSI?B6GG/HAEA:>@=C,>1:;FNK>%?G:5;AL>8+3?HH9GFC.<:HK57J=??=@G/=5F=40D>DA6;7@JC5II=4FO=19DBP+0>GNF:166=8ASG71-MCAI9>?B.F<)BDM?I?FK8>Q=7>5AFCOM>7C5E=CP8HNB@L6G>;:@?Y9?GHAL?B=B>>@6648C=6P66S=HA=>A6:BI4DFGDI=NDAN9;23CF?8?A=A3;>>N6I4B>B;NAO4G?)ACCAAD4:D8=:9=8FB<3I@H5===?E:8CC>B5K:,;CE<=BDDN2G4)FF68I?D@9E>?.@GBG;5BG7G>G9G:4I5?K@N0ILFF:A;IFI>@K>EACD>7<0CE>P>9CG8>C;Q<;G;9O='0>C?AGF5=CF?UJ=FAIJBH@709?D;ALCIFG0H/,L;EIDK8IA@IGDAH8J>KFEK70?I>,GE(:86-Q>2AGP>D@@FN:9J7?J5EC69E;7CJA)IJPH>BF/>5?I91,DDA>;BG;C9B@MAI=A.GI2>EC;G=0=D749?;>BEA8>0A9=KB@>EA;?,E<7D=BF<7C;EDB>D-F@=*,G+E:3>9@A58=JE:M9=HFIH95FE=AGC>GF7=:>1ABB<:;:CAA1D<74MDAHN@B@J@CEAE>=:I:C?J@7.C@BA?DFJ7GGGIH.E;C==7IDGDM?<BLAD@=;5:FCE5>59D:4C>A9?G@FBJBEB?FO@6>EH@$6<.D<;8C';D0FIGJ==CA;:?4BC8ND#@,@3;<9:>GI3HE?>FH:?FAA/CDCF6H:<8ADE@DCBB:DG6>E<6@86?C+F366D9E90L>8<4H3=ID;B97H:H=;>MBN.=4E@0-D8=AE>3T3?8.F9H8:8H?B2FCBE>;C8">I@IQ1G67/E?J;4HAAN9=T==CA<3MACBF3AMH?@9DI=J9AOB@B27=ABG@(I6EK??EB844/&G>A?KH.A:B?CAK;DGC<::CIK<@65EC69DB>@HGA64JDJFEBI>D0897BE6J>?4ID429:D4:9<02ADG=D-3>?D5:L(AKBCX7J3@9A4GA>>?X;;I8APB13B<1;GAC5@;>AAB7=BCJH8CC<N;EAPA4:8?F2FJ:TA8=K>G8@=EB6D5FIC809AB4M7LI,BE0G@3==6L@;:8.DGB9>?P*GJ>.C9';8@K8C=CK9B-LDGI7K4,@LIBJ60DADH>KBC1;65;BB924?9@L@=6DD:0>@H,C5?47?@09A9=@=JL@A+OBK=NJ4?;HAH:BJ==8:7C?0E<=3A*K<64BD=<;6@9AA8;@;IDOJB:=J?CA)@4+D6:F;A6J;EAC=:@2965G,2=<7H5G2E<9R6>KJACK:JE=<1:/AH?3>0:C;2D=,D@72IEJ59GL::C:>7G:?&:HGDHAGDDAFB@9?B>PFBC&BI8DAA4LC8NAG5;I,88L6D@047FCC5JL?4CE@>K9CC@>RB><=>4K7JF<7BDA78G@=@?>FA:CZ>D:EI:9D;<+B>C:I<C94AN=CCEFCAKJ9:FE?:CCBPDIAAP1C?FCMHGNL2GE1>687FJ@?@C=7:<=;DBKG>AJ;BJ7HEHE;8-Q<>??HF8IIJ:37?1I89=KBB>>A78=8??@ACA@H3?A?AH>::GJ?BBC4B6F&*CCBBDB?E8BEHEJ<7D;HIBD;BG6L?JI@=H:BKF:0;+5BADAC7;=6BAIE>:8FE8>=C?M??C>>J.6;B;@O>?>EA7>916?><499BGJD@@AB;>6C:5:;@HG3>A?KHF-5J5:@FD?.1D?@G>;;/E>7NC6?B<93@:2HE%D84HHAE4BDE:=DC>?<>@IO:-=B=;B0E;94L5;E>AG?>:CCM@35NJ:=EDJAF:3@;9:>6A?8:4PCO1KBD3JGJCEG<>7E=?>9/J0=?D289/BC2K7E=CO96?HPEFB!>:3F68>AH9OBC>4I8L=?C;F9EFAD8@DCDKS>MBD=/61?><>A$M3C5H57@D>3?CMB@;59B>R>H048ADAA7D>>GFA8<=7L>B@GD@91@B8GHLB=65C=LLEI0M;KJNB=IB<76CBD7HF>MAIA=7.7I4C?>C334?=;?88J@@CB8CE=GG9?CCB356ENC0@C7;J=CCB>B=D=<@NBE>9>ABD8<@A<>6C(48>E:EIDE?GB/<2BCAJ8LA7F:=G35A>?HLN>3LP?C7<>M@9@40B?D?B:3E<H>@G3CV@@41=<>KCD5SHD->?8OH>1@?4E@A>>?;ADED;AHF>2D8K0BD6F63F=BN>3I<;>F?O+:?G59NN4?C4O9C?AB7G??@/<9CADANCDB;9<=;;CK=@@@986D;/;79>5F@GC@:=F@J@9;8<<;A>5A;F5?8F>7D8ED4I9@H<.AG5E?D::GD:A1A9AK5K@F=E;?0HNCCDA3:?B;:B:F488HCAE@BH<-=9?JCEB@;=2@=3D19>=635EK@B7B:-G4:QEKA5D*A=D;@CFILA;F@4MJJDJF<:KAD8AA342:2>A7DDI6BF>??<>;8>EBI7=KPA>;AD7C>5A:2NJLEC59JEI2L;BD=F5>C7-FC(8PE0A@I/G<=BCFI5?>AG2C85;2CCF7CD:?=C;1DD>4/3@9NA?8OE8>=;D06@F:4:@QALAM>A@D7A67@BA;?MEC>6GI@-BNAM5A=DB=J>DBJAC@=DD;73>EC@>G<7IE>83BD.AB@ED=E>A;0H=B>H28&?>LE;IBA8?HGGDG/7L3@A;7GBA8A91?G8JO8O1C7@460;@=?@?FD>9FHC34>CFA>D:BB6J8D>.62E2@>=;?A8/BJ:?B?IDIG3=J:8E@:C2@?>?E@>CBH@8I8J8=>A@EI:7<:J?=KBA-5IN=M920BAF9?>?:AA@EEDEBBI>9:DDD5HB6=EQB=F8AO?;=C6I9;@>EA2>BB/R9CD0E=7BFJC=EF@A5G16=?=A.BLE:N?1>J>1@1ACHOGEDE=;;8B8@@C9D4DGNGJAH4>@F@<;H3;C6??MPF>JCMFDAHANG6I@45B43BJ49>;:E>8%<:>5;AAAC.JLLHD5;JEMJ57M7@CJ1LD>6N)HAA<CIK6F67@DNAAMCAN7<2HD?8F7NHI4GH77,BKOI4HHBGE:CE9A;??CE>49ID>8IG8?75W<<5J@JJ25G?G4=LF>JK@IFG7>7K;D@A@HD'=9>L@:H;6/A99KH<8M83>8AJGOB=6@=V7LNBOGDL?G<;:K@LC?0I?S.JFD>A>+K6C92D8B?CC;E9@?LF@@GIHKD<7=0G=AM@@C?:C1@HIDAC=G2/?6;:?<56NAB@<4C@BA;34.<=B@@;=@8H<6J/52I?AAE<1@E5=:7;C8B;=97@;>A;?DDB@@>9BA8BG1FD29JCB,;C:C8C>EID13G95/7>=@8>6?E;D27<=E,>D@?I@HA:57.?8G'H?G881,<-9DAC9FC9D8;:1;7:MC:GAA>GI;98L,?CKBF23GHCB?EA?F6B;>;AD6J?C9<@??E=;D8@>CBD@@L4/G=??F690F=5?7<;A@14=5FII@:8:CA?I=FG?QJEA:3?A77HBJFIBH=8;LJF9B8K2<>BFC<5=7=MK=E%>>B=I=F;=;AIA;@J>A;RB<78CG;AD825ED@17H=G:E33EI:;?=F?9%909@AC==BADO98D*@F=7<4E4?;4F897BG1J7;CDH13;K@;3;IC4>GBDFM:CI>8?BFI;7=37?:B)=9.@@;;;BE3A=FH5E::G2FBAD?GAEG;@ERE/LJ5?JHC@E6B=9IDE9CB9F@A?I;7DGCJ9@CICJ@CCLAH:GDC@;B@:<=L+34G>GD0B2;G1@MF;ADAICEF9PB?AC;:G5>>@I=?ABH-?P;DC;CGA:JE?<8:F9D:1>4ILA463IFE@F1?<;5JRKDA?M6HM<5>:>CACC7NG9L28EBAFH>=E@)EJ1BLFDCAE7<=?5O>6G=I9A@7>4G=5E64CA?FBE??/>=@=CFAJCD7O>@MM0@DJHL;9LDR-=2:MD2K=NH:G<62@=4?+IF8D9=@DMH4<=-G@DBMH9727EBM:4J,S8CF7D3IEAA=9FCG?I:;1E2GD5I??DCB@DA;H5E?EIK@7CG:/084?8;B9@HB?9==R<9=CADD0;BIL:FJ:>HDF@9MHJ8>@6=D/9FCDA@BJCBABKA>C?L>>>4IMDQ?8M,7C1AF@/>MA@HI@B>BE:6@HB923@B);6DI>0PNC0;5ODH=95E)GS?AAAA=>HCKAI?N3$GOC0IA9J7ENA5B>89DI@8C(.A:A9:>B4:96CDA9ABG.0:?9:AF/B=FHI<8F=E@9>E:'=2FE85F9E15=><A6H79><9OEF.B4DD3:>B1:E3M2?JBGF4B>CGD>A@CD9GH.5?DDF>?I;FC9BE@B8@EDJ<=?@?E4H2B:;LBFB;;>5.JE54Q5=D>3>;A61>=G<6>>?5;&7/8@9B@<@>C>?4LH?6KG4CG8@:DB=3A>E:H.6=6EI;3>;7DH=HAK5@J0C764+<0:EE9?J8GDG8B:A@B109BC.@;B;D?6W8C3>0A<C<69.FJ:CP>CID8O/25>:A8H=A=-E>9??@D14@:N?9D>D4N:@E@C>D5@C=GHLC:;A7?4-KB;:DIB416IH?C58,>T=J7:1E>4CCM;=0HK@B>@H?4F@'BK7@ECCL7B@75ADAB>B=;9BOE?E?/AEACD?C65:D>E1@9@?>9JF=?G:19@:K@H>89C9I=5<0>7B8='C8LLD:8EH;BA=0>;5=7EM=>99@:2=F5=3;9LB7BRBA@FBDDMLDF=G(GR44;DB>:=78H6F/=?H8H:@>FBGBA*@?NCA?==B6AF9HF:*2?4:E/6=8A69B$7:BA<@3=5E3F?+I433CLCEK?A,0@<4:89H419B8B-K;3F1;2?>BM>+79??=9H?HD9=IA4E7=EK;F2CC/<6.B>G78@=7AH:=C39?/?IC=::D4BE324)C>:J63I5>7O8BDCG@JA96367HD;L1=0?.JFEDBBIGGAD<=<@FDF:H>GMA8JE@I@<1JAXIIBD9:O8:=I/BGDIBIB0F;>@HEE?>CG?H>M3:4;C=DAD>EHBG@NN5@9N::@7=GA0-:@JBBH@GI-@9>J@2@I:M7<:C?91B8S=F&?K)K5>?HDCC??+?DL:BI7ABA?6@@E>8C54D:?'UBQ8(E?24HEB<,>727NGB1>=E9@CGM0M:5=>G2:KHCDHZBG@9T?9NEL@O10:K=7?6;@DE?G=CAC=61>D>BAC;@=AD>CD.?>:D?B3:E28DAKDD7IL;EOFDKC17C;97Q/C1?C@6;>B>4FA1H95./@;@AGM:L?Q<9FCFH6A@?N88=@5);D>G>@C528AEK;J;7<:7A<==@=BB2?C@M.@J?.=F93-8=?@59@BB4J9F>D>8CCBDG??MNG4:9E;EEA,A18>=>LAL5EBH<C5JE??AGCH=;G>BQ@=BA=8E6MIC/FF=IC;B:?3A;F)JIFEH2NF<-?;K=//:D8>BCFB@C4<<4,E;;97-8<2C4?3DGBEND<=CCB=O8=9=I.1E=?A4<9==8@784B9??G<>;;E=722.C=D8576)?:ED?>HB6897H/BDE713:;>/1?EB3>A?:=65/7G=A+?CAA22:H@@A9KGIC4?F:9CAC=:>A;G?GB8BFC7FD=?=C27DK,?I<41AJ@92?=69@@><-=77>DJDC/?EFA=JE;@F@@M:BDECI.BC?BD?HBCCC>E;-=E=;@>?EB:..F@@@D8C;F:6;@:P38K:<4EOG>@.=B079B0CR9>B6F83;>:4@;A=5L@68;7A@14?;AIE?9@B9H7#24F>/6F;9:9E>?@H=>BC.LBD;C6AKGA2:>/8.DB>1:N.1=4=?656?;M?<=?/J:8@?1,0O=@B/>>D3PCCI?J22D?:CE4;7D.7<63C.C3@BLKBG<@K?=O>H@29;C6979IPI<@F?<,BQAI;;8*E;=:D9D=JG<7E@7F=?I*D?>@C@/I?H?HC7;9A<:6@=9JK<1<=>F=AK@3.@F?9NB;=AFL9=C>GFA:F=?B->@DD:77/=5;?@54CBFB0K>@;>B7ID,:=8@.?6;@A@<>LF91B5DIEB3BC?O,<CI;I;3@1=9>4@@C6CGDB+<==D5CHL68A?;7B<@22-;=>B;:EP?2H?G@?C;(2+ND>ICCIC7B?MA@)6?L,DJ==KC?>MD?54A4=9?GJAJELF@P=;9F:J@GGB9/BB7;I5>ND1?=8G9:GGP;OBT;<78?A@CE7H=I=750GA>LB;ESGB@DAF4BJB8A;@?6B;588CCF=2@6I;4EE<2EJELFOCN@LDB=A2HA9CE@=7;=D<8==><@MP3F=B@G>AC5B1C:C;;:;>M>??EF@E=F;E=G>JD>:ABAFB4=A>5J4DECKON@@@@AEIC;NCCD:6/A@OFDB?=>F9B=A>>VL9BNBAA@5GD<>=@98A7A?>;,=9G?G?:B?@@B5D92;HG11+G9G867A<7O<5IC>L<-I0D8CDK>GA0>C7B-F67=><5-=?9855>7<@>K?>AD(I9>@8?9G9!9F948HN=B>A><@5JG<=?G/?6GJB:&;<8L?AJDJ7H:;<0K4@8/=.-;G<9C=9@<3=J@EJ>9B61F1AC999;GDJ;J/=@7G?6M2IK5?5@D78CFC@:ADO8@;6F/59OEBE;@@A@78BA9F:;G;52@*KA6DBA>=RRB;:JOJOA'@;54H:=B<88HC58;;>+@-<*@B6@@>2B7A1>@@DC=>>EH=GAC2>98=CHCBAA::9;:B03CM>JHFDJ;=C=A<;AFDF5RFGJ=IE==A3<:::H9@B82A.G@>?B?ALJ7LD->ID5B=;=@@BEB@?K*:?A:4E?M8A<0?=C;:@@2AG8<=6F@:8HL.A@4=83G5><>9C?CEAG8JF@IM<=0OC??@GA@99?;3H7A#=;GD(?GDCF?C>C;$>=GFCF?J:EM>HIDFFCE6I>;A:@HBG66=G;JJD5A7=DCAGH?GG<@F+8L@MBGBK86I/;BH@E@E@@<>D34;>=4EI:>KHF9AL>A=C6C-@<:.B@JE=>F,G>:E>@F:C;JF:B1K?4K>2B.@H?2CE<1E=EJH7A@8=D=:F3L3CN=76D<>8G@F@J12*H=?2;C;3BD:G94=K<>L6:>>IA99DC5C7=T5<52LQC9LBDB3<3IGC:IDH5;/DAE?>3?>80=I:IGE>J12@7B:B-H,CG3?5;E93@B@A9;?;:7M97AFA"?8BJJLG@/H@CI@BB?@6MA6@C37H?JDLCE=8G8@MC<15+CI@C?00<8/7<2/PI3@H;DED.L5@5BCA5@7F8AI(B83HD9B,6C19A>:<=;BCB1BB812><68===?5A=>A1CEC=MG1DD5BJB@4>0J3K;:=GEDH.4@>B9>=LA58BB8K;CCG?KFP;56>CB@9>;&;FA97<=KH@KEDBCDCDNBF>HC@;G>=>N>>M3AJ3G@F)L7D@7IG4=FC>CB>CA-@=B3>.-;DFGA:?K3<@?=4A?GB>CC:8;@B;@7C.GEAF=?EF>H;@63??L7>MF8C=G/JN::EB>D;BHFB>4:9EA?6?9B8;<7HJGEC?>GO=KG?8K=E9@:?77C6E6BAC;./@HA?,<'BE?57?>>@;E=J;??D7HEDF=9:'@B7;B>:?=M?4?B<=F6:@B>@*B;>;GBB;C1B(DH>+9:9I?=7:@D?M=@DA5HC1B85D>KHL>K/69LE2CF:I?EJAH>=;5D64?@F*@9@GA=997>9DD>PH:>;A<741F+B@GEC@6D *BM5B90C8EC;35:>D>>FB;I69B0OB9@;4A8<.;7@G?FI=BID2??E=8A7AEIF=/?B#B(E65;992@MB?EA@@9P>FA;C7?>@KE=6K;C;5I97;55:E:N<=F>8BJ6IAD>?DB?;;9JD<6G=J?IH=K=ED:HF<4DU==>=DCGB@J2E<,6B4>;@ID;@5GH7G>C4F9@=8?F@<>>,HFAEE0AA9GA8@CHIDKI>989>@BHJ9@8?>B:>87EA=0>9;?GF=3=DFE@6D;:H@=?AJ.=@A;GC'@HGH59G=F876N<-+><5C=D5@=9?E?9IE>@;=>3B:F1BLJ<93?<+?IHB:FB:>?=A=-:A:'O96;0J=@C@>I;(@IE?A@G@?D1,5D7A?9=;?@4<7/DE8BD8C=7@D@596#:D9A@7F704EAMK5DD9>:2;4<CDK>;@D::EA4F@I82C:C:M:OGM+F84MHF>:4AMEJBAD.H@7;?C?<=B976DAB1AEM8496;F.2:-A;G8-H;?;JG595<=A798=>)?3C?J<65MB?:;37LAGG5I8,>6K63CD=:=A@A?HGD?0G5J5F?=;?4I5QG/81>A==PH?D?4?7GDFA?.N@G?CG@BA>GA6C=B@67@ED?-NFBFI?BAD@BKHB@2IM>J7:8;8?7=99A@>+FCB@;5B:8BA4E90E8>8??>5A8HI@F=EAJ@8=@CDD8E=HFFGC:IC<1AGK?H@HLM>BFGAOIJ5;*1@;=J@AG9C=CJC95F<4D.DD6@C7B@E.<>34B@8E3?7>H9BI@D83>SB0?B=@?75B=F@E1D=7E>HB@98GDFGL2:B;BE?@FD4:5E9IHPK@:CBD4DC><>BAHIC=@MI.JA:@>L7=H6FI/@:8:=@?M<68?>7BA:?;4=-><=:D1?A8>FE;EEI8;D2NDRBIK>E:7J7EH=79H;;>DA/AK@K=?G?@H@F@8:?K/=6HC??7>>F41:M7D99:D9D@;9CCA?&4F5/K97;>6BCB4JC4DB8BI@J69*7C;=@G:>DB<@H8KHJ3@.B5?E==>A9DC8:=9@C:==9D9<>G;DA?D6?B=1F99HBBJ>2=1FN4F8KHA?>4FJ7B>9>HKHB0GEHG2@>8GB;F5=7FF?E?CBDHH>4CCAHF?C6H>;;0F;BH,BJJH9ED9:F72?1?FI><;F6@?N@H?;2>@;B@HGIK==B8?9B=G>D:=LCEA.FA9:F@@C@=B@D?BK?9=:B<9RJ(6DHA>8K57FA>7CBC?9>@K77D27<=89?>C5?;:6C89@=84@?D>@B0=A?B38>AEC:?83;?@@J4D3>G@25@G/EDG=JFC8-==?;BD8?)G70B4H,?04A@CJDH>:<>4HN8?8:6MDCG;<'FC@9E9>7:H<=J4@8I?A?AEJB6:54EM>A??C>7CJ>@>3<=;C>>@AGB@AFAG59ELD5=A<=@@65BDD:B7DC2>.E29@;2E4K3=AGI@B=H3?FIC>B>><<5=FF9@@?AMBB>=@A0;=6DI?=E6JM?B1A68==795DBB:IDE452H7CK:A7=O>M8HC6E63CCC?7I53ED-=ECGK>6ALHI;EC=K=:;>E;AK>6@=7ASE2CAF>GH'7K>LB868?BI@=:>+C@?CHF?G<9F;=D1@@<<=;GFFFF/B:K-BJG==@=M@A6E@E?CLF9>6,EF>=:8NE=97>>NNJ>?A=I46=@;B@CI97F>DGN>=AMI:-8H99@AEJFF5>F:686C:F=@@GAA@CG=F6MKAJ>?AC5:+<5GHD3=@:8ECAD=CG@@9=6@?GA7AMAKE?3FF*7G/AJEK%CK8@BFC=>GKC.2G1I?=FD=@73CC8I:AKB2EC@AD7;;??CF9H@<9AAI?7JD8E:H7>E>B8:G>@MDDMFK3;D2;9E27EB45A4C>9?G@:JE87?>H1J=?CED;@KF>BI;:?BA.D,45@FM;HB=$I;F:KCFK=;=J79GC*<77<<2;=M.SDCBA+2:KKD6C8I3BB@6GC@@;III4D=G6SA;BDGFBB>>BEJ:AIG90@B4C:BC7IE5@?0E;8UF@>4K7:@8CJ;.?A4F5ADGGH9?FD3=@KD/FBC@?H;;AEKIPL<>CA9=0F6A?>E?DHE8CKF;=BJKB@E0G;H.BBABA8DDI9GGL=>@C-7>B@A4>8:S:;JE07N=BIEUCH<>C;;6.EA:84B1C5,67?A>9EC5<2D7?581@M-><=I>574D?<6==G.;4BI;=>K<@?:LB;H=B>I=55CDJB;HCM><=@8C=C4?I3BKI;<6?A7CA=E=IO@H5HD>I7-@@G:E?@BE>::@956FJ@IJAHJA,>@/GE@9;9E;DFBCAJ=B8B9LKC:KN7BC9<4;CT?D>5;D4AF96>C<2E?;A9CGE:?CDI?AC@:@>J?BMBF>EC6NEH>8>>4BDGLCAGD9AEFCL2C@ADN;DII>46B7<>:H7>>E?@AB1;>9A?ID99;3-8)C::.9;7#:D:AAB8BAF?@G16EBD@G7?8H>D6)99:CI@=L@(0A?ED.6HG7>9MH2@@,?PACCC@3;BC5B2L5=@>BK<@5>-B7C/>G@@0D@G@@.2DC80D@?S>GBO6>BF4B:>4C9/DM6;F7<=GF;5DG>@3->K>==C@EB38?4D=D>5,AKAH=LBD=?=M2E8O;7I.HG4HE8B@JS@DMF;<<5J5907FB9?>5>>5MJ>>CLC=>;E9?;G289FJ1D:>@B=Q7:9K:?:B;757AMACBCCEC=>B@=D1:N@=8@KLLACA;<>2NLBELD>AB9>2B:DNB>D>AK3:224)C0:;F:J;?;KL=A=9B9B9;55BF<=E@;HG90;>7>4<;8D@EBH$F7JFA:96@?>:6:-BAO78JKB0:F>DEB@CKI64BJ9HIA>9B=JDI?>A:6?CKLD@7AKDE@?6C??@9CD:61;CBJ=NG8GIF?N9BB;5O@0?D=N(K?D5DL>118(HG;EC@7HCN8CHH;1G<52GD75=IE>=C9>8DA<@6JE9@=?AECE<10C6:;=C9C==@AAL@CBB(CF@L69C-J?D@?FB=8HIM<(=@NGI<>9?EF9EE>H>;989B@:G?8ID7A;FA5@H?>:>FDFC>=D=<9GE5==3B52=798)=5IOG@@MGD3;:A3JGBGEF?H0HC,2KC<@;?B8=AGEIGC:>5A;7ID?3G>G85H8DB8><JKE>?6@F?L*4E19CML?7?>42:8>*EN@@74=M7B8<=HD7==96H;908HI;>C?;A5E9>E@?;I9?>E7C@NIDD66D?DB7>PFB<=IH92->IBDG;I<;DHAH>GE@>;DJ@Q86AC=D;B>H;AC;BA61:8K=AEE<3:>E=HG?H@<=BPEGAAFB79;:FFA7?9:KL9DFBMD@??F?AL.1B?@?78KH4BJFEC05GAM>B?JEL2GFEBD>5>M4?E=A6>IG/LG5B:=HC=C?KGBEC>BINF9?LF=K<:?DCG=1C;E7>C3=9>B@FAHAEHC6=FMGG5GEDJLH7BD165E/JAH98@<:>NLB8?AO=CBMLGIC=B?PD;GE1CMDI1E;LD@B3*3N8F<;A6@CC9R>>@@D844=P=IA@ZPN>E*E>T>NC:A>:DCN%A=@MAF?C4B7K23?IE2CB2CD2?;A9LAD8=9G0J<=7SAE87I?=@CA&;M>CDMFC;:!AF>K<@?L?>:>@/?5AAF=7C@@>FE.6P%?DF4D8H;B4CAC>=:C5HD6:@=8&=38R)A>@CDBLA?B@B=77;G;=<:6M@=B:?EFH>J:D=;8=EDA:B>LCCKFKK>AH4;=>4CIFF@L6H<;AA9>FF1J8I7:B4=+:;@5B,:8D39H9@1,IA7)J@=@>F3A4AEH<7@7;GGFA:I1<28CIEG6/:AIEPF@G?ED=B:EGD>B@>AN?CD>F:AENAFAHH=E@C>C:A2MD5IF?8JA34<,F;C@=IGA;7F@5<=K:??=7HCC?>AIIHEF=C8@F89FFEC6&=0:BF4AO8>CLA?AK9C<;KMJE@BDG;"=BKHB6LA>=>?@=J;HCK?G5/=B;JED26GLA?AAEBDA6GB?EG;=E?FGID1,E=DCCB8>H;=B4CL<2>3F8C=B;A/@:!>=JH.:A;>F6A=4.?GBA=<>@:4@:E/LJ==D5GDHHDDL+EX2BKBF4/FCH@A:F6@CDHJ?L?@@2=LI8HB?3D:?NFAFHJ?B@G:@HGL;<7C=A<87>CGHG;B;EJ9BB>98;ECA.7@:>;EBFG8FI@BE>IJC>FE?2A>86D2D28>9I56@M46>I;<==I8GA8K:E@<>9F=->B?=M<>2:CGAADG<;;EKB?G@,8:EK?;GI88IFC@:HEE=ADEHGA>1D:;I.5FB4<>CCF;=;>>EE7@<-DOH9@J=7>5JCE=HBIB264FJ=GMF2Q;FBEE;9BIDG:L:G<8;C5:TJ2D8HAF@=1<(DPGFE:A.FJ;EDA=E@7A:6A8E>D;71><@AB>94@=FL8FBE9?.C;59K:/L;=KCB5A<8=;FF:%6KDF<);;=@IH>BD6=BTA@7A@<7@;A@=@6D@HJ?16CB3>CA@?AH;FDFH73D=5=69?>>BI296C=BAE997?F<58/?8?G?J=B@@3B@AHCAAFHI39BGE@FI"B3=F?=H>JB=7M:66G56CD@>6=;>DC:G>B;>K77LAAC?D8?@ABHE)C>L3;K@C2EGBB>JJ=7LEC6@>?A@;=E=6IFGDB0;?<61C@6G8-Q;ACC=@A=?F@I=<56I@E?9<8C0CE:>2=9GAD:HC<9:JIIA7EKHE=EA83>G:MBF@A5KI941BHFB18;(>CA+5GKGICAJNB4=@E5GH?CM;BG??GDC@?@983:0DHC8KN=HJ=AA@A>E4DA<;:/3E>:CKD>:9@GE5;64E:?;C6A<;GC4?AD;7G;;4H:JCJ9GNL64@<.D;?=BICCG7;>:DJE3?AC>F3E8A=0A;;FECKFB/;FA3AGCC7?A18,:JED9K4.G>G77D.+C:=;4<;687CH>5H<.;3E:BB->>1E7@A>EH=?FB-J-BH?5455AJE;E8=,H56/;68AC>>FH==7E?C=>?@>;67?=;BCA6>:CBE:0B@KEE=9=D;F?;5;38AGJAD=ADBA>BEGC8CL<:K,6BBH=BAA?;FKCLB+BGK2FC8HB9MK6EK>J?6H@CFK><6A@FKBQBICGMD0GDJLCAE6E@;EH1AD::FFEF?9@BNFRM?F25B7@@A?@F>==HI78:D?N:BG/>D>I:=?I;?8;C9>C@=?A9;AF@66=@HJ>8A@=9IFN><0A:DNICF=GK;>FBCB>NFA:=E?DBA7:B=:HC8@D87>@C888:;HH0@C;JKE??>29H88:C=9;A@@>>BJ=BG6FJ:C?F9@JK>9F2K>;R:HAD5:?CG=AAQ::41J;?<8@;<=DG;>JI>7B3459GM?3HEFB?@B=NCIE:GK:;,;KBADSH=@NF97B9BA>@E>@E@CDHCDH><=I(BF1>R8J@:7=L4FPAB/:;AC@F?<,K0FD@GDCFHCDA;>@F?7=8@E9B-3@HI>4CBG@A9:E=G32IA-L0G9?$;2DC>;?7BA12I<@77K7<9I=;;;99>@CDH@=F;6IAF>?;DBKGJ92M=1G/B1>3@$@CN:2@BB::9C7+FC@B9?>@?C3P*7<&CCHBA0=1N/'@GGBJ55'&AJ?+0.@=G2<7F?ADC1>*AITHI09>B0:2K8B3MD8AI@FBD=OD/4<7F7>4>MJ6&HKDC:;@;>A>EGA;CC@EH>=D?AE:E:C=CGEE@51I=@D52AFH6B<86C@>E:AHM>EB@EEH>3GAF?C9L?M>@A/HFOLHFEAR>FCI<;=DB3DD?DI?7HEF7BEC:22997B;DE;AML7C9=:><A->IG198@K=D6E5?DEB7D9ABGGC@B7=C=DE@@8D>>G=@=1:F9>>CNA@HI@6EF=9@>HBE6:@?9BEG@>?B&30B<5-<70C@FHHKJ4?I-C>@D?;FF>8>B@=<5N3:B>?=:>:?KC1>IE2CBE?E@8;FF(=:9:<>?K9F?8==6<2<597O;B/7A@BEBCD<@?C=BEDD;:40EAA.?)MA,4BK0==:?E-8BA88K7K99D>F@)9>6@;8G98@C6>9B385@AK5GG4CH(CC@>HCGIA7K?E@E<>:F;BFBJCGP=FBK5F=7C=8?>FG@?:6FK@B<=F;CDHL;=N6I93PD6<5K468:>C>B=N3CD77BF;5=AB6::;:DG7;DG39DG:?@CHCE=OL6<>?6DC:5@67?1A@B2;:AH91GG56;(EO8B?>50AF5@G4;>:A;F9BC3:?BDD7??6:G7E0FB9LHE:9LA29CFK7A=@,EJ.CDLHLACCC4E<6:=FDL?D>9FEB=DHE:IHHLCA>CCP9@46?C?KJ>DCJDMC;OILI2AGD2DEAE<@AF3FBG;AFAA8EAI4P>GG<96G'=84D:;97G:J?4=II3I?<884IB=B@KE=G8O>7>M9IE=?FE84FCIH4::N<;6@=JJC??A?>F?BI;%GBBGC2;E7D=D-ANB9>7><@?6J;EG=DG64;8FED>=8A9LFGJDA@55KBE>8GC:B?O<0@@H?><==C@>@UJEF4S3DAC?4CEE-@9F=9EK8:;=+6?:3C8;=477DFBB6>0A:C8<8EA28:H3M@>=D7FL=@QF=?=EE?@/?IH:997<67AC)=9CBAB6-22=-E @D4:=ED8:E@:BC;:CC<:=>7;95H3@53.B+B3986?G<:CB@5=<<5CE@>7AB@CFE;F?D3?NAB5BCCG?DHS::B@;A;9B;?GD37FEEE;=>HF<=6IACGGD4C5I>@EH?J@KG47GGF4;?3AH6;?L7@??F5(BGB;IF7>B?DBA?;4EKGC:=G7BCHHB758G8:C7ED?AI>F+8CB?0A9=AG6A:>>LIBF;GIAD9ACE>FCE>DCC6G>=GE:8JFEJ:SCMEI8@:B?8:A.?LDH:EE:E@=J.@60CD)3>H4@8JKE?I;8@G:>?<7;B6CJ=GB1D9CC>BA4D:7702>FM=8341OLB=;G,@JBA@EH37FHEB>BE<;9,0BBH6;K@?IF@4E?4A;=AJ9CQ?6KHO>IE/:?;;CD/=D=GC=C;LDFA4E99EAHGFE@7>@:?ADC=HCEG;K99U)A;R>AI;:>=C.:@H=>A3ELC9C9?:FGBDAADFIBI<>@4K@GD?@B>2DDC;?AEFMDBB6@A;HJG:EA4K=E:MNDEE8IG.:@3EDA876D@;CDGC@D>C5D?=55FQAF<:DB?E?C;LAG<9CJCHCO@>@HIABD243H>;P=9AG/I5=IGC:C>G971>98??I@FD75DKCK6>FBHBCA8<1F4:CH@BM=BC6ECC?73EC8FEBC=?FB=6D;AEG::6>A:DT8@@GG*R/>7E-@CM@8DAF18>HK2E48/>8979;>C;-5AF?BB=EGH=I9=<4<80A?B:J3;@6?5><;F?;ED>:AKA?9?0I59:>J@>ADMD=CA;A89<7EC?@GB1HG=LBL98@CPB5@=I>?>=F?LMJ4DBBKF?A9>GF%=HFAABQ?G-C=7>D>G;C(8JB8E:3BB8KEII?E97:7@/L@FF+@HC77BFF::BL<2AF9<1I.1@:BE??/D0@CID@E)@?BCC?<=/;;94DAE>0AA;G?8>BEGA<>>H76DI6FE>GCE@DCLCH:9BD8:CF>I8LA>DH90B4@<0?ADCME7=:3C2CD1-5CKB-=FH@.>H=(<577G@K>LN::;DB@9;0DFDA@H;8,.DA7B9?>FM?BGB65AJT>C@I==E+F?D92LEFFFHDJ=A:C7A1IE;K@;K=7:C;@D29;ID>2G-2AK8P=/?9>DD;=B>C;C:A=B??9HL5I><1@=-EAF;D;0855F=<5;8EG?JB<;E=?0:55C.6BGD;8:DA7C<:55@DBB,AC=?IFEBACC;B=?=CDB:HN:H>>/IFAB8GDFD3@FE<8G?NC@@HC99F>?I48CFH7BBJAB@@,<-=?<=>GN0F@HH;>@E;H=E13>L.6?ABEF7?94?AJC@;K>>2==9G6;8J5DA9>639C2/F.A%>>1999E=5=@?ADFC6G7;A8>@>;JLB9=4:NAA88G@G5A>>89<;-DHA>CF5<7=485==?0=E@<65.B6@6>@57@5=0>E?F5C,A9BECC9;@<;D=E=HAB3FL?CJ<;D:GAB=CCC#;L:>HJ8@;=B6<:?8@:ECKC96::GB8:E.A;AA:FBA:?@AG<7<;DF>=BDBDP@AAEE;9BBE=HAE>H9@77>;JAFG@E?AL<7Q>95>CPMF>>DGJM9BJE?-FBD::>I7P5HAAJAEC==3K>NFGC5=@3D>0=HG=P<7BB@MFE?JB?ICAE:4BBE;>5?@A@D=?<<;!F:A18E8EGB&A?LAFI=;MBJC95AA<8CF@D9?C6:CK>B:;GHGG2??E=5;M2@7@@FF<@C1K)9F?658?ED>@9C@;7>0>A98B+BA@@2J>;=I*FD@6AB93;?>;>8HBM4I8G@?5?>7IB;C:F<4;:O>DTBF7@9D?>>E83GFG>K65G1>=@EC4C8K>?CGJA@:A6IHK?F2?&?>>-3;F+:A:BI?H?=6IBN>BA3EBA?RCH9U239IDBG5ED:7GCC>1+9L3C/9/4J.B>CI9;FCBC<0-?@J6BAB?@=DG;A <9F5;C0@GL;8<>+A76@?46B;F?@/HC><@N<><=DFA:=E5BE4JH@3-G??4?FE=9>KDAC6IJ>MC@F;?G;;E:.=4LD<>TA72><>@LB@DJG/E?=DH=?98@JA>DM>BA1:BE99A@=D229=GD0AAL?2KAFF@D?=EJDD6AGA7BIB6=AADKB9B7>B?=;BA@;C3CA,9DL/8?,D5/<+;>@ICD?DI?CHAF;:@EFBA?D5258F?K499BICA05-;@91C1;I=<<1@>-M@.D@3DF4=;D9=A@I28@+F;=<6JE@<7F=I6?;=D>HB>CA6?8A;@?B?@C2D6D/A<@B=IA>CB4<@I>EE@83;EH;0C:9B8A7AI:HDJ@I7H@7*D6L58:;49=:@,?6F12JML8?H=G><:9?98C2DD?NF9GB8AN89ME;3/;KBDA:7IA?@%2;@L>E8?CA?FED2C83D8C@>DID=K;?I2KIC0KHCMF>B3<0BABL>CI@=?:43>-70?895>BF4>FEEIA38Q1>FALK6O9;M><-B57=D>%!<3?6DG<>?>P@,=G@?:7::F4:;>HBEFC2LDBKA>@4BT?@@7ACJAB:8HEKP=66N+>FGGQ58?:ABC5AFDL@DF+7A=8I,8>4D=@@0ED9G@F?L>EAAHJRJ;A9H3@H=;?KBGE?=4FIK=H@F@=8HE5EFE+=7JCB:3<:<8<<>;@B<>??=ED.C=;18F=<4E>@8BF7.9?=HD2K:D:BF49A<;?E<7FBFB,G@7M?74=ID>3:H@-DCHDB>5+5=PEI1'8@C1AA+0<>@DD5?@580=K>A?=@GA=E0IKED?9@IA*6;8@66/G;@<3IAI:=H8?I@FFLB<1<7>(F9A@839=0F?DD5'A-17BFB+;H6=/@,;N8;4>74G5J>BFCL@+4@>=GC6<&I5?:O;B7@:4?:7GGC<=?@@ECB78B:;9?LBF=8@B57:>;FHP;:F;;=EGHDGMFE80>I5-=J/?=7B@>3A4AC+?<487D@BE/EA?6AF8=68856I=K<3H=IG=4;@9;6E5G487:)K:AG>7@9?=E3=9?=?$DD;IG?BHC8G@9K@6;N=C>GH:ACE6E9JMEA6CC:JD=>?<:A9::7176.1@GD@F/:8<9C?==>.E76C@K;@CC.;B8@3<@F=G8=*@3I>8;82H7?GIKC<6H>>BB=8CEG7@E<3:@:>;;7B-A>:9?1J:>D=DBCF9F@4?A>F<8>BG>71DN<8E?LE=L@EDC9@B;IFD6<+@=/:LJAC?96B<<0=HCF>@58;?;FG677II:B1>6==::(@?=A9E9D@BG@9CG+9A?C=:BG7DCG4GE=C=AJM 3H;0BICGOCHC:FE6LG=CF8A6D@A9H0=D:4GD/@D:ADJN:CC6@;@>9?5GM:8,D$,O81@K.K9CBC-98:>C:D4+@F:CLFFD6979@;-6?G<)F;ADCB:=::CHA5>A=:4B4,;49BA6@B8EBEB@9=DCD@@<;B>FCC94BCD@CBFH>=I8C@93>GFEB=B1:C=5C2@EEFD=EE;EDLFH;H;==@;;>.=>B9+:;=:CD8.J8E=:>EA6H;JF@7C>=G6?CA<:E<@>2@>F=J=1>C>A:EHAF;K/CMDAJI>==F0KJ87CJG;?@HABC496FHHGEGGCMH@?F1AF6G08BBC3=7BD;A-=B=EHAA908.5?@67B3?H@M@<:DD44?1C;@4>D>:E4B@AH>E1?5F2:GF?:@GC46<@<0B:9=@8466AODMB2FF?@D>>=IA5IH645H?FA:Q?DK4O@>>AE95DA6R@IJ32EA=J@@>>D896/(;K.?BL0>A/@91A,::?C8C8@=A9?CCFCGC88GC7010;H:=3EJ>=H@9;B;GE?==9@?75DAIC:;;>=5@3H.AO;D735L"K4HFEJ:>=EEA=A>/=8;P0>BC9@6C7<=EN:AF@83?C?2GFAI6F$=3JEI@71A5/<DGL<:4J56>EED:?A=>FC=8E2<5B9MDBCD4497GA;DC377(>/C=?DB9=G<;-C4AK0>98AF9B6DF?6?@;FP>8=0?:F9<+957CF@89=CD;?46CB>IC:GD;E7J4=>;:?C8(1GH@G>62@;3@8BH3:<*=C5AI7-:J?.H;:@AA?5N95;1D@=+9FA<@M8A1=H/H4:E87@*96>9:ABCEA;A<@90@G87C@EG/DCBA:@96=D:F=0??A4L=7>?D3C6DE@=H;B>3>=8;GB=5@I@<458H=E;$=/F@DH;F08/6@:8F4?C5=H8B8CE>C2@GM>?DDM:D>97:B?9=<=6?@=ECF4DHJ53?>@;E:C=CG79HH6>;=HE?;5?A7C:HGAB=D@4=DAN6FCL=5:C@=@4@9D3CN@78BC1DF?5H@>>92:@IJ:B97AKC>C;@BFC4HN75A6;7?@93M?B:29I>0:A=FGDN>M>@.CB@;?81G>>=9>7<26:>>HEAE@..=AGBB7=D@.7?,>FB?A/>H@A76C?GA35D-EEFB;@H=9;(?AG?.:6<4CALA?D7BA1?@>CB@F27;6@;?CB<8C%CF.4GFH.@:@>F:@:B9F.9;7JG=O>@>7=EE>4:D<=7E@DGAGG<@C:JHMCK?C9;ECB54:B:FD/F=0=A;8;EGG@M%NE5;F>>97DDJBHBD;A@>84C=G5JA?BO0GE?2<=71@B;9?=DB34L;G5DBL;-@79:@?3942CBBG8>BB6DA:BA;=>80II>HGI7?G9B;?KDDL@E4GCDLC:<==C=E=9GBE;:E@1:3AD76@@?D>CE5?DJ;J@)1CA:=6;?C>>=?D7197CED?D7@9E.F2A=@?A5C@36@ED:KDEC1FA<=IO8DD3HE6C=C@::3KGH@>A<9C91@>1=116FB?GK73:=SL@@?;)<:HE(3<4;CAC:C>CF6KG.?42E:<8>>6CD<86G?87D<=6>=-B8527>9CB@:8;9A.=@2N.ED:=:4BEL??E:9H=8=>>9GE=A3LI:>>:?B@DA;<>9@KAC9FLBJ:D>BED?==LDF4:::?=JHE:6<+@48K?B=:LA?5;@4;79)JH@A3FDI?674>D@KAAHJ0HH=>C@.<;CGFEJ>L;CHFEE@?=88G;?6A:O9E-@/?3EEH8OE@DB6M=N@9A?6:G;ADM0A2E@6?95CQ>3>:E18=8GA>*C>D:>@>BHP@M@4;CJ?;7MEB:69:<9==LF<2?3/5@D1>:=CD7;;=A598E9BF?MI?J;>;'3>>6C8@>:C>4>HGAB=AB/I@@=HA;F8;HB;>3D==FD?6FA<>@CF?=?@@LB3A>?67J68FD8=>G-5;9?.@06I>A@KLGO71?D:<=JF<F9A>A?:F:PG98J:A7DQM;=B?9D9D;G4EG;<=BEC>GABCBAAHDAHC@MC@JAA9HBF5=6GA;>5I:CAE7>;79CK>EEBFH29NAE>FCE/+:0DD7GBK6*9A3@CD?B7-AA>0IAG8;8;?6@C16@AGF6D?J//'??CGG>>B<>@CGI2H=>7>:5H?;5<@B<5P;D<>AK:CH52CBD?D>3;E:HD===<;J;A4:>CD?5A761DABDG?RJCJ)<>>D89BDCAKIBAG9;1>8EH?:6=?HB5?BCD90C>=<;@19D@8?=MEBD::2FE5BCI?C8GE3K?763>F=ACJA@;75GCD?;=I;G?H@A&I<>%G:AD6=F59KB:C>:F>B65?<=B<9-8I42D4924=E.:A@B9??A4>9B>6;B=@4AL98CLF;C=I=.E546B;D=?BH=@:DD><<>?7JJ75.;I?C@?:B136?5@<6829B6A:2KE=?@@:=9DIIH>8'>AI5B@H7B??4@B6=G4@==9C>>;E=6J8K>9;;CB=>/B:>K36947AE84/0D:D@>:A/,F/EGD@D;7AH$@>*;/LFGC7=A:E?69HC9<826CS.=HADFDAB9C+>AD=.9>>=HD>@B&2A=ABD=35EDCHB=CDAK6J1+CA@?C81>D8<7=CC;428;>9QDDB?:855N2H?89FBA>H?=)@@8;9BCC<:C4=E@AIF@A6A;5GREA3=F?.<-EK9;;CC9?E53BD;:FB>D0;@4D;@;5:?6@5A*E9;.9=I1?=D8215>?HB.E4CH>??5HL6D::=>B=AA:1O?FABAB<4<;J46/BGI:;ADD5H8I@GCF;@DF99AA:@S>FF@CB@8O<7DDCF;BABBAIA:CBGH<@9C9?I:RCHO@EG2A<<;N2>5AII/AH4FEBCHFX=.9BE@=K@989CH;E<::EDFD5>>;6DA>>B6;F;1;<>?=5C7B@DC=:@A/+5BJ;I@@D@@86;@E.=B=D?6@5;C==+?;*C?A2=CKF>7?AB8I6>>8;-:2B;4;K?<@E;?AD=.1-CA94GFDCH7GI8@UJ:E??C;7?DA9;<?>B;FD;D7K;FD>EEHAD:C/AF4IIB@9@>/HAA6EF:I5=C9S@2>;EF?JKIP68P=:CBFGAH;F?=E@=?;E=A2F99AE<;I>89=@B>;@FDB9E=?4=N?FC@?DD=BI/?=F<@670ID8CBCAB=F>DDEF+<8<=>@LCDGN2=29?FHB-NCG9?@C2JMH=BKH@@8-;8HDG@=F=F9FD>>AB852@9IH?5199;9BE=DB86A/AB:D@A;FC:9G:=8G?33ELB?JB@;:CF=I>FAE=BCCCEDB::KA:ED=H<-;BA;>8C9HDAECADA>A><7=.>AM?/A96>41ACN@?GCAKO@AJ;LACJJ2A8J=DF?@>EC16:G>M/;C?6BBB=B6HAGG:@<@EFG=?DGBB:@3IE>9>I9>K>=>9FHB4%B7>A<?><;0AF:;G@@L2625;AI@BD>>?A6>E4GJHA9>/C;&=9IA6,B=KBEEH4>DN@>5*:DBAEA@CJ998?9EBCC7:,EFA5;;M4QD@>?3>CADPDB?0;DAQA@AF;B2+AC98@D7F/:9??BF=?=9=D>94<4/AJI;AJ=GBM>E@C:GHC=:8C@=>F?:MB/O;CA;><4@6B9AF7970IDJ;E37>HB48>=D97=8N4/E8;;BB>H69F<>HEGDACAD897>H:8G@HCC,KB:I;7O:?FB>DKH89?AA5AM:?A=NJ@4GA@QF9G@8E8E;?@=@A0K?ABA:FI:AC5@98A=16M>4LFA9=E8CDEE5FDA8;8D4F9;?6E9I@=D/ABF;B>@;E;7EBG=D=E<3/@HJH;AL:CC6F6=B=IJ,/JA2@JEGBK>HAE:A8FAA>A?/D3F;AID;DA8S:F@JIFFF8?JGDCCA7?EK?5=5D?>JCLAEGC>B?=?AF>MGGDFI?AAH@@KBADG;?DDDB2FH@F<9=IJ8GI?6M?F:BEM<;E9BEA?AG=GA?:@GG64AAJA25-CG8GFMF=?CCF89,G')=:ED-7G<<8>GHC6:=D?AHHC>9DD6@AA<3@D==B<=.<2;D4I?B:G8G:C9@AE=C53=DC:@>/<7*IDHJ%@KB?:GKAE=F@:3F+H/42?/>CF=:BH?4<4ME94DA7DIC9@F05CAAGKAEC<@E>B2ADHG?*:K8D@ACF;;CBLC@D8?EG@D@BACEBA7ID;>DD:N:G;C:EO:@@3A=GE>4DCJ=FJ3EK5?A:CBDAL9N<;3H=5?AD:H=G>:B??@E;9F:A?HKEBD@CG?C8>@5<:>?J6@@A<@D4@;F=H99;DCRE:FI8?DHBCCD86G977@D/CE;E<4AC>KE7?:D0=B9AA?<;IG:FF=4A?2E=G6DD3:K-=8D=AC?@BE:G26JB@8::F0.<>C94;H5AA/?MA@,CCCH-OCECL>89J@@8J?PJVF6F?I<'9B>FE/DP0IJB=CDQH>:?H7JF?GM;EB2=C@P.D?:7I5:@3BD<92PLF?-/1BB1C@@GC6>B:7>=D><@?;N+C9EE?752CC@;BFC7I9D>?27IE;?DDHCDC6AF5LBL?FAC;@FI?C:C29:?>D ?E%BA@F7=?=91B?CC>C82E1D>@UDI?><:?>5;>?COB=6BB@;@D)G>GCC=>DMKI9J0?@K>A7==FH@J>:>9ABJK7<<7JDA;AC;8D4?;@<>@J5=?:%CC@AGD;9E4=CE3D@D6E9C:+6?5IICE?@E/GC=4<8?A>D;G9E=LAB5D>=DDF9=@DEABJ7:C?6?<=FACGA;BF=>9D?E848BK7@<C;G8=896MAAC=JK:AF97;@3<<@JNKH@=MBK8@H@3D:>I;=BD=EI7?EGF:D*;8E@?J@8GFA4@>?7BELC@C;;HNFG?:H@:8?QBB@AB5>J;BTBBACGDNEF@G?AB:K60;EAA9?KFBM>4@CG8<9ENED84HEA655;=L.B9A3;BC==@J9F:@@BB<7LB1DE0FD>8>B=>H:=3C:@*3AC6CB@>2;GHGD2?JC;AFAH@2K@GJJ::;=>?E8$AE1B<AEE>GDAD?8DK@?ZJKF=F>D@HTAAKAHF:B2GC6JDHG:JJEG:@F;PAPHLEBG>>NALF1AAKBIK@AGJ65HH4H98HBH:9?J?DD6F>KI>CGCHHQEBL@;DFE69+?CHD=CDC98EE;KECAD???K8LF95F2FCMK:C7BH9B@K?6:?=>C:ECG@@C*4?JFA>GDB?EKJHJF;FH?:K;68#E4HED7D>?E>;I8AEE3>8DDE0:CCD6GBBB5M<,73=JA:DN@=:<6L@D>;9@GE@C;9LBJI8>F>E=?8GDK@@;7BMF@;<>K=8?2::=5%-PHOC>A<5B@C>,:E=,AA;/FDBA20?EC5B359=8KFF?C>IF=5JKLF5A?CC8:?D96>>GE?ID;@DC9F?<=:@IB;J8CL7G28273;DI8DBH;:@?>4BAA=KC@BA71;>8/D9?C?AEDMBFD:?:?=O@=A@?CIE@;EJC=4@8C@@@;@FC*@D5A:GAA=-:IB/@OBFDCBDC?=7K@?9?E@BHELD,9EG@@A?7@JF4C;?J941B,H30G;H7DA;7A;?>AKDGA2;G;>1B?6=JNA2=+GFFSE,@AJ=C/AAFJC=J'EAEGIHDE?3<6ADQGBBGDFB!C4B=CF6MK==/E?66CBC4>8:8H@C=>H?;AFJ6K@J;A@EI>E;:K=/9AC?8B<>;F8=?;=@H?5/A9ACC;8CGF0GM?>17C:@?EFI;AFJLBC>5AFEB=AEF@>HFBFF?9@@?1;9GC>BC?AH?>CE=:BEH<3CM@E=AGC9G*9D@ICB??>DIAF=6>A@F=>:4=:?C+K?@BC?5)FEC69==C8DB>ALAIJGFAI;+I?29C>@?@@AB>@D:>CA78;;AI;78:B5?D4?69:?@3K9BHCI8CF::ICL?@2CB:8G7@E6RGC@3?AAA7EDFHE2EFJ;DE:N1*>CK>JF89?;:9L7E>G8@@B<5>,=HEG94GDDM,B7?J6@@?:J6:@=AGGC@>9AFD45DJ>=?F>AJICJ<2?L5?HGDDNA?E9GC9FD?CC@9JCDMNJB?;EBM=@JIAGHAFJBHG;5FK@C7>AC@N@EJ9AA>E=EEA7C5CEC3=HFN?FDF@,KDF:@HD=AB?<2B==D;86=@KB2GG=AKG.;9@>F=G=0=;3C+;I?6:>JID1?CB;:;DAC?B?@@BACG<;C8DNG9EK?97I7I9??CC5B;@18A>AG@@DG9<29=@3G7;E6:B/O<@BDG>AALM=:;579CG@;B=O5&AMD>)?D<2F=>,?A>?6C7<4BB>@@165CC=?.B?JE,7KD4B;EADIAK>DG<96L>82JA7=<>HE:;C8?A:7>?F>7F,?@,GE&AF?K8?C?FCP=:B6F?I>DNADD1CC=@BL@;AD5.C52085ID?6A?&H?4CA$PEH1B;C6JC6>48J*@D=H==@2?7BB;FCFF@<:>,6??@3=?;=&>?:.=:HI;9+3F1C=:6??93D23JF@9D99M@;>3LCJ=K@?@;;&69?;9G<@8AC6IH0D8=CGB8CL3JLBJH?:KG@B?HHC51EC?B?J?=;CGCE=C@6E862?GA:<7@C9J;@>@9EJB:FLGF@@?E=B3:N>F=E:B9;@AB=BE<;430@D?>FA;JECUG:>>>7OCA6>=GGBDAO=:;E?2>:1FGAH;1?BDJ=L@?9:HK=G9:75H;QD?:@NAC:>@@:?/9K2@=A=I@8CA?BDD:I6F:EGEC;8G=?B;D=8>@=@E6JHAGCGGNCHFGCIAB3=?AGL6;B3;C1*847DA:>EE59@:>J5<<2B@BHB?K=?H87@AAF>6?IDF@F<<;>AC>C3>99JG4FAGKKC=A3H8F?H;5D=:GRB4=>CFNGD?8BH>DE:H4C43:FD@C7;77>7BB9DIBDDD>>I?=G2CIF>DA5=B;=F:@IA0F9DBN>G@=@B?IN@.H/1F>EHFF=I@KLA<9@N9:@AG>H<<9C4@=A5CFEEO>5<81E;FGCK<:>C9DG?DCC9:5=BJ=3J5;H:?C@CEC1GE3>LJOAJN@@CAKBGEIE1@IH>B:@LEAIKL:J?HI@PHLF?GO?J>M=D>8LFGEMCF38@FEFEA7@@4??KJ4=FHJ=BACDAHN0=A?>?:C>A7B>:>6F9G;HD@>CM<B@D5B6<@G;F>BHAAJ@C:?>NFE8EA?CFK?9D=D:@>FBAAH@9Q8;=AA>;DBIHBE@?@E?@1<3CEC;A81>>7@7>6K<<:IBI?8?DFJB8=9@D4<@B?AK@:D2EIKNF;>/E78<<<>339@,E=9DCIB8C;.F@467C<7,D-.B;J@F<;E-HFJ>ND<4@JBJG2EC;7E@BN7AEAMMD@B1M:>=RA2LVB8IAK@9<9?:;A@DHA/;CB=G@=<;7D=Q>8@4EF@@AF:7ADJD>A@>4@%63;B?9EE;;>>@G3FGB=I2G4D55FL:3>=ED5:B>PF5:,B6CFF8BB:H0M'F7:<-GI6CB88.DH>QCDH?C>ID>E-CD?BNBD=JEK7B3@D4:KNG8C>F@H;A?B=C:DF<-@58:@A:G@H:G>KBC=DGB@ACEEB3L@@4>F3:954??HL9G:G=>@A>CNIC;ALBI9;CI8DKE0RGII87=B@8;8?>4EBC:?E*KGJ7;C>FG?D?@;<>CNCAC?@;CBD6B+HFG3;E5A68:;DHI@;?@DI71980F@A9>14A=1F6FGA;>D7>G1=BHKIB;(CIJ=A95?BF:A;LF57CHBE8BE>8D0DD>?A>C>G<>1FRAF6FB?8J>5L2H;FCB1?LBC=CDD=BMHKC=H;JHGJ@)I>5I;;DA.5CB=:BE;G;KFEEBEF@E?F>?A9A@CGIL@GAHC65HGI<:DB<>ECGGGK=@9?F+5D799E==DJFDIDGDJDLK;@@G@?>9;LK=@EDF9JJ?7BC;JC>N;@JH:@Q@DG;7>K6E3F3<9E19CD=H3>HF;FB>AGD?CCEEBC,I=;5D8,8;?@;;@BG=/G=9DB6@C495H79B7LK:>7G==B>@=EIG>:<0GGGEAKHLIQFL@=??K@LKJH;DFAA@9?;FIAA?IFI9>J84CO==@6D)JEE0<9C@N@9=5?:GBF?=?F9?;22BJGQE:?=I@KC=>LF::KACH?F?@5:GB>>7<3AE=:B>7D?H68B3H?AP=AAACKLCEI':F;D?48AAC5:@HBCK8CJHC8=C?B;>H/9AHJ>A>5J8C.AD446;8>?>C9+:I@HEM=B4E@L62A?K8@:.H?CB72I3EFBCGDA7?H>1D?SIFC4:;J:?=?N9AG5@EL0GI>=GJ@C7>?48I(=<5>69;>>@EAG:@H2<7C?E@0B;5@A:CC2AO==C>@JG>KB@4ADO7:5II.?J./FB>>H>E8DEL6AE:E/==B?6FDA@1:@@B;C>7AG:B8I9;;EA9I9M@E72-DB@A$5E3LAB8B:;@A2?>I6=?>A@8=67;>2?AHIK/9;@GHGADH37+14JHH3I2JI?52B?LF9=>O3;:6>=.CD9.C/?>7=C?B?CAO44L=GEK@9<=9?HCG7BD:,JF5;1JF1@?G?8GBA8:IC4;=6C>?697?96A@@@C>>F7@IEF:H8B8F@:DCCCB>ACH8CHB@9>@2?9>.K.865CGD;?A;<;D3C<5=C8><7:DE?@J0;3:A?5>EAJBDF4:CE91;:8/CN5D3KB-?B6IK7B@=;F8@)A3@2CF0:>DBD783HE2>;/??CCEE=@BE=F4=?:?BAI?@>:D>99ICJGF-L6:>EGEH@B=0MG;AAC9HJHK@>GFE>7?C=DJ6?GI2A6E?CDGGEJC9>C>GB;EGEF5?985CDCC@G5I??@>@7?@BKA9C@9?L68>?BK;?GI@CF?>K7GH2FAFB=GEF7/A=T;A8@E8:?HO?>KG?8@?=C57B9GEBKDBEELBDLDL@E3ACFF>@G:EHEFF?>>I:<7;BA&A=4/64:CA>CF,;AC/I:CF7F=1F::;>;CC4@?6AE9DLCFE;@B=?ICH@1K/@B>?E<@F?B<,RJ:@D>4=>H,CJA6?NDDG?KKH-GAFDIQG<88AGBIGFEK;JBMD=HB@:>BEE;HH7=MQEF>JE@A@ENPF5B>>=MAE4M@HODH4A>9HB4@<=>E@8ABC;EEL;FG>K:9DEB4>AAAG?C:J@:BCHD@;E@FGE78E83D@5KR6J;A>?;AA>=?;A7>:E?1CCOA7:?6>G=99EB?@DJ1D>A>9::70F3G@3;=;<BCD<:3<>C?C0@IBBD=G0B/09C76?DMC=.AEG9FHE6D?5CC:F3I6JD2A83A9DA=E1BIA=H?>;?FG>@:=N<65?4;@=G>84NEA4LA?9A=B7HDB=?=GC;AI>:EB1E)1;@I9EI@?FG:FDDCAF@9BK<607=D?DEH9B=A;9HFMCGA;:CBJD>;EF/?9>=8@>+EAC/9AE@EEDJD2EH@72DLH?FE3ECE=1FH3:D777J>29AIKOHH>AB3A:KD379GM2CJA=@@=/BJ/FHG4@A;;45=:@=@CH:ED>>L6A@?A9/>4CK;@94E8C8?:KS=-88=E@7K=;B:9;B@9?;=68@A;K*;H@>?C/9C34>G>5ABHCHCE@,@;DFJ9EIC?<;DIF=8L?CGFC?EAD>FKH9DEC77FA<:FAEF??>@@FHCJDD>IFB4IGAC=?D=ODHB@7:MBJN??J98IEGGFJEGAFHC8,:?95EIBEDCHD===C@A@B=2U6EF@BE?>EFIDF7DD9E?8HB?CHK>?C>EGAC>H>G;GA>F6A,IB@E@?8MCE58BF2FF>B>FI?IBDBDL48?7I9AL59C=>ODAGIBMH9GJAB?A6BH@BHMFIAGF?KI69G8F>C?@>=AG:F>CE1<5?CKB@@=ID=IHAJA@<>8;8HB?G<893H@BBEAJE99DCBKDFGCG=:GA@EC0?=C@H3/H:>??38F?E9;>?E:8DHBIIEE@FE>CF>FADJA?9F@AI95F6HC=8ADPJIHCGGK?J=BFI=DGE@=7FH=ADCF=BCDD8@BB1F/4E?D:CIL9DALFCJ@=HGGF:@?L=<<9EE;IPLDII@E9FJCH?@BL:@JG?=H:D@7B?MD@@;=ABEKJBFIF@G@FA0I@ADCGGG<8EKGB=:BHAEB-BB%:4)4FH;=H;F6;F<;@>O?3O@=SA;3?A.CAJ&>C9B:@I7CG??:A;B8:=9HH.A?=N/7FB0>D:<<:5@7E7:C@6E9=@D;?CBDH<;:@B;DN=9:6<;OI=II>CAI58A6>BC5=:$611B>,769JDE<9MJ@=B:C:I=1M-I2?/DKC8=EBA,C:9I8>BM@EN14?F;?"GDF;F@DC;APGCAA7A09=>J@JFSA5?L>>?>DD+9CA@D;?BFG>7HEE<;CCA@=J:BC???:983@HAB:;:D5C??D?AJHGD11?C8<=H2>?>A>3@?D;A?=A6?34<38?:?IC95EF6B:>;<@5DGD=FD>GB5CC=E>>8:@??AD9AKIDL?HFCGA>:;BPGHBFE>EC>DP;DD:C2ACC@=6CAIA62B->F0=E<5;<>A5BC=BE><;;0=>8;2:(C:2?>BJC4=:9BFBDD@7EKD@JD9G0F>=JD159>4?A6F6F-H<>=F:>BD???ML7G@?99?=C6=AJ78=@;ALBIKFEGF8<:$H;9I85<=E9?5PA?74B@:@CD699AA@L;??;DGE+CH=:BN=D>1@66AB@:GCDGEJHM9Q>>@82BD:6CBGNC@BG@:89DII3IHDBLGBA>IJK;BJ6:GH991?NIICJ8AAG0FAHOF3,LC9DJBE4;FC=0GD8E:B=AEBC9EA2@GA;;@E+71A?E@8C@>?=A5?A=;B@H97:?F9>DC;+>DB?FDF@2DI:EGN8F.8>?BA5K@=HC;>;;,;E9>=A:>@CAJBCD;B@69:J=H>K4E9I9DK>,ABAJ@6>@EHD?BH>?G@0BB<=PINBOJI5CGAEB>@H?A?E=G4C:8J@;6I8GLIGHEB<72FGIA;I4==FDF?F>I69NB??K5H8BFIG;9B?CBAAJDC?@DDGEKB9?AI:@>J92>Q;HGE?E9L>K:@BDJA9?C;;7@BCADG:?H?L:;EFAGE=<1;?D6D6CL:>LG?5;1A=5.9AH@BCEC@F@?F@GEFA;FDFBA?35>FECED52:EQ5EE9;JC3I>?7G@9=>>;=>9JB9;9=@HE?<@;DG>DB9L=>GGA=6DH0<59@?KA7/CFG@250@EAH@EE@G9F2@D<:=F@<@6>G0.9EGAEBG2BE/1@@2<=@A@;7@;JMF68<,;N8I8F7>04@AH6:@GL8BFKGAQB>?/K3I0DG6??6@H?8DHB>C>>>@H???G05E7@D49F?9>7=F<9C>@@A:7.B$B;K::C9DC;>FF;BDRF1+GLFH>-8G>C-7=CGBI;BF8D;IDB@>=6>EI;HB9I@DA@<>FK9BCBBAEE=7INB7?;>07IH>=MTDE08;:<6<;IN<:?JD97E4>FHED=GD=BD*B8==C>FA@?D@7B=K3?DDI>BKI7HC:F3F:@J;D:DG1@?=BFJD=BAK>ER@@FCE?>C>@??GC=BF9=;>DJF1E70CA979A>8I@8@G??A:>HE>;B=;)C8?EL,?5D8@D:>6@GP=A>A@AC<8DF4MIL2AA19<@@C>?CHD7AB>GC;?A0?BB;A41;EK;PF2D69B6A>@B?CA7DIIA8@>@=88IE(3CFDA8E7IB5GCMD94HEEF;B9LHKFE:BGH?@F>>B-@FHAC>G>CLIL=JE@=A2D8G>-CF9@F>EEFJGHIFGGBPJ18B7@GHIKLG5HIDMN:FMEB:7KAFJE>DB2:F4EC>A5=AC<>@OFGE>:DF>A8:5A><8@>>:F@@IF=?@:;E8CF@JACG=:@6;?53Q9G0H@7JBL@:H?5@@KH:B767<5@MHBG:CB@<@8H0@A@?J5@07E=8CD?CBBG9OC;IIEDA?HCKFG=ABD>JLBM6B@B2OA=B>C:I:D@LN=:;;?F6AKDNDGGHD>LL*:@FKGJ@F:FNEC6>I>?EBMB;D>EP5MAAHJDF:@@JDDGDFH883J3BC;IBAA7GAAFHD?GDI?IADHEMBADG?J=D@HHD6NDAJEDAFDBIC3:?==E=D>0M<32IH=NFF=BCA=?F?OBC;E7GB;EC?EM==D:9J/JF;=DABB8>?E=>D>=?AD=3D=MHI@6@===?3DC1BB?57CI=JBCF2*:;FHD;=AG@6EDBJB>G4DCD@AHA:DME0B:;CF@:RM8<<4@=A0H@D@II5D@?CD@:8K:J@H53E<A7FGG=>5:KE5E=6GE<8EJCJE4>JE1JB9FB>;J88:;;$GJB25E4@@A@>?IA@<6:;B*H<);>I5@?/8ICBE?HBJEE1?C4B?2?@7E6D;F?HC8H:D?A?>@1>CAID58D17;FCE=K;C?>1ID@C@OBC:FN=5>BF>H<:@JC>3>@>G;EB8F;=A;;69I;@;;>;9K5:A;@>CM>>/@F=:=L;HDD86>=LAHHAF=@H:>C<5<E>;;D;C2F;;D,8E?OA=@-1D:H:BID>8BC>96FF7E?FE9NJ:94B>4D@@?K<;BIK:HDF9?I<9A6CF?@7F;AEADL>AIB@>28BE@:?AD6A;>65DGDB;E61>CA:BE=B@=C@6BFBBCC?EA6>J;9$?>;D;6@>?E@:;FE;>DB?6@3=>;=CB=;BEICE=AA7GK2HC>CCCEL<:>GCG?EHFEB;?><5J6@?E?DDBLBFL2IDGAN=:68>>EAOD?AD3=H:?=GHM;G@ABC?=H4<>4<5;IB6NF8?EBEH@A<:@@HDP>B:EGH@>AAFAD9B@CA@.IBFKB?E6EACCKKFGBCKAD37=GN6@D=AI@H>=?@>BC;WEIF7KA)AMD<;EC<9FOICD>O:@BHMA@:K=79K=HEFJJKDGAGIECAN@I@N9;>GC:;FI>J35=DJOD;'<=03EE99<;E9?H7?ADA95@9J@=91F;=B;84ED<<08:??CA87<>=JF7IC9LA@EM8B?KLBGB9<;;CI9CHAH5@JNJ7DED9N=B@@HFSHJ=:JJ7LINADDDG>>IICD<9GC>;>MIE89EGDG=JJBE?E8CABP9BT>N6BED;CD=A?KB5N2EHD:QJ5KEEI=G>>C?8BMHH=;B;??>ABED=H;=<=EB=AEDLD>EGBBCB5E9>EL;@F>CDBGI9:;7>JDD:A;A9@ALA>E4@<<:>;IE0@BEA3BBC?=CNA?F6C=D?2;@=>+D=B@DG@@ED7;I5@E/;=@I??=JC9CAB@BII93G9A5AAA9DF995:BCI1@;?=D@8K3<9?6>=D=BGE9;B?D7:G6::A?CG@=DBJN4HKDD=:<4I4@?O7A?;<2>;JK<=@A75;1G-@'>??DF=CAKGJ@8HD4F3;=:85CLA;H4E=I9KC2GCCFD4B=JE>27>B6<;PC@8;>7E;C27=GL2N9A9>IIB06CJ5D?,F98J;C/>E?HAEA=8K=8J;C5K7;@<8I?=JBHC<3A6F:7E5:4FGA7;A8DMH9<>@@F@*0F.CC9BC4J8GQFBL?5;D3=4?7CC@?A3CD@78;437D<9H8A<:2CH?GFAM@D)89C2=>EA9B>BF@?L=9MHE83=>=B@94H?6ID3GJB@I9E993K>H@5DFCFE:@A?HIA>@6D@J?A=4=:EDDEBEF>9M=4=65;;:8?@O'>:5@D38DG=?D:C>DG?:A264@CJ:A7@8*8A@:5CIFB9?C=>;-;1?G6D7A;?D8:5FL:?<7N>?3:K:E<89:;?A;DH9<:C?GBA4BALB8=8<::D7@>9;BCAF:=?N:E=;C9EBDD<1I@KCBCI>74?LHBH<4@GEAJF?DH8@G8ABPBE3?I7H:GF;8;D@EH@4LC;B/@???D>:;E=>E0F:D8H?4=C<;6<<<6A9I?:BA=I:>C?HN>?GBC;9A=9BHD>:BEEKB@FEMHF768B68BKF3=>>J=@?(L9OHG@CIGDFJJ=GGFEGHDBB3;C8<<=DIC=;C:F;989FI7?HAAMLF;C8<5DDEEFG1HH7?BE<56B9H<=C=B?GC7B72=D@=L=BBAF9:J4>A>87?DB8CI7AHG=G@<8=A;C;A;HCGE8:>EG9;6=EAAA4DEFI:?F>C@D5H@O>FH;68@C9A@AH=?F>;?I>7D@8DI9L=7GBLEFGUJB>GCAI@:MHN08ADI5BD8@IFFJHIGMFC<-9DIAAAHF?AI?0K4DDBEGHF3I?;FQ;B?,>HC?:ECA?2A;I=<7;FG=J:DDGI?A?DBI4I=G=GJ@AE:879DE@:B;F=GE8ABFBFC@=C5?=EG>G/69C>7CAAD2=I@BJ=G8AC=CDEHA::D;5B9@?A;,JB3(G?9>@PA,K67:@6;B;=?I@=6?D>O<9=LCADF<<<6@@@:BK?B>:DA>5LCKIKI3C>AQCG=;,;:17?87D-B<=ECEE98ABB:=@B9>0E26E758EBK?8=;<<@>84-<7DC@7CK62;?47@;1D?:E=C5-B9;=FC:K>CMCDFF9<@CG<=D;@GF9@8A=@F;<4=C?AB=<9?CE?O<=F1<.2D?DG/J:K:.?G=B8:H=:AB53B7/G6<=1<.GA6B>CI:EA@9=AB>?D3BC@=EJ>??E;2>C;8G?=;OC:C+CCE97?GJBDK3@>LC7GH<6FG4;J)A>;@1>B?AA6=D?>==>5LE>;B>4B?F=6=CLMJDG?0>@@9@GQHDG?FE;A3@>HOI:@>7O<9?CQ+@4=98B'ED7D/NB9<6>9;<0AA<@?<A6CF2C16A798.*9F9E9G:@=(H7.:@?=8164CF=;@AK99=F<:7F?B/D7:=C3>HHGB:;A=GS9GB@7CJ@-<>C3D?B=<=IF>?<;:C8;D887@@AE>ADJ@8F>K@??/H?BC;=H;CH?8@/BF<<>AB9IA:C@B8B<<<>E:H=AA7HA;DFC;7<>D:L<=>C:CBB;CBC@I8;=:?=3A=57DJDM7BGIKE?F0JFABJGB?:<@>LFN<8B>)IHG@7@;DG?H);-4J=DDH>0?::F?IG>4LJFC@9DF?NA@CH@EH=;9;@DD7C3B?@DL<@9D=I>@N>9@?=;HF>;?QLEC6:GBM:A1M/KDAIEAD?@@E)37?C;??CEGFAAH6E9:BB@J>4;C>9L=?@7;N=:AKADAD6E5:EI>9<>82B7DGJ>A?CDKE8=;LDC??8:AGDCM9KCAADCAJ:GH75H@ABG>::?/ED>5??IFBFGJ=9>=G=H:?C<>@MG8E.;E@?@GD>6CA8D@<@@F@AD>4EIEDBM>5TDL?D:A9CHABDE=<=FABEIAB=:JPJ3AFI=?8B8H?CM,F86D:C9A5=F>03?<:;6A7C@G>8>A<@@HHDG;985LJJHK>IB:ID>?D7:GMFCEH6776BGC7H?I??EJR<<6?MC7C9C=@F4ECAFGBED>GRN;KI><;GEP=;N1FBG;OFG1KG>L5I;;AG?=7H=>57C7;38:5H;@@A:.B4H9,5?MGEJ9F6ED7@/;CF7CPH:>J>;3M?>6;5J7::?-5C9:=BCIA?EFJ<0?BAB?CC=FA;4-EK?BC@-B7C?0JJ3AB7;DD;9>>;CGAB?<=PIACA@BC=BAJ;??>ED4D>=,.5;@;;J@MHDB?C@1LB?E7A:B5==BBB>=8;G?L?=FJH:7@>D;@9AC<=B8:<@DG@8ECAFA0A@>>@>@=>B;DE@9EE;C:DECJPAOFGGC>@>;??;M=E?:56B?E@=FAACMGF4@@@F/@@?D>>F@D=4;H@J/JEJAD>?=8=B;<3E69O=8DH5=>?1H>E2@1GAFDCDADI@4BG@=6F1<8>7C0H?1KE@LE0<2B>:D?FB6DBA?JAJF?GB;BE:??JA>BE@@6:;CG>E@>=6J@>?3>0AAAB?GC@;EBH4D4A1FB8GB@9HC8FFA@9?E>;A?;>9>I0F:?B?AC7HJ0DHBCEA;K?BH6I;:==CF@HBGA5AO:5JCG4KGE@ECDFFFG8DKD4AA=E:8>AAC>+F9E=ED=GFII5>=H1A6OFG>5PGA5FJ1;?2GG=E4?DIBB:F@EBD@J4@CQ>;@:FI:DA=D@A@>7B9:H@FI@LI@C;CG9@K>;G-D;=BKCDEAFCH8B0:4H;5<@A>G8C1;F?7L>?9HC?A>0E9>?OJGB57A.93>@617@AFEKCJ@:A19H6/3FKBH;A@:EHDCA>?@J?A=.HN;@;EC@?AA>EH4>II=4AF@:FD;AG94;HC>GEF?<7I63ENN8KCC3BEC=CMF:@FA;6E;D9:;JNAF=CKA@B@LIGGC;BF9BK>F?ECBL=LILHECB;FHDBB@D<3CH>N>IHC;BRICOFG2=EGC@?IGCI?;DFDH1OAN6AIG;D>C;1CJDGCH5D=5AK4J@?0@F?=>ECI@;@@=7@I8@>@F>;HECBH6QJ>0EGSAD=B5F>FFF>2CAPMHBLL:>>CH@9=FEH6C@CBE6BF7E9?GG0@>28I?DE1@?FM@7@LAQ4M@=C9=;GE;G8E:E5@?F8@CF8A>DF348AAKA:.@KFCA==?9=JC4;>AB.E=>E6==IKF/>;@==@89N5<;KK2@98CGA@4;?EM?BB@=D:2C@CE?4N6HH5>,;DC4CDG;I:@9B@F@F3>=ELI>HCB=;=@A?97G5G<9E0<<<.HI8DBEB9BA;C@HEBK832E4BI@B7DFCF@A?K9HGM8>IHA;F>74EA9A>5<@=>D@4>E;JGM;;BBH68;:?AB=:D<"CF=CI?EFF692@?3>C<5/;6@7CAD9A;1@>M0AB@?38<9/D?B-><;AD8BB;8=OEBD>6?3JF@L9@C7C>HCDBDF2DK71?LABE?JAA,AC3>#;C4=7E.D@6;?J8M6@9<4GN9FDA0EIA?G.F6GI39CA2=>;:HIAFE<9;@@BJA?58EB7>@4D:CC:CH?;F@>GAG@?C>A9;@D3J=>.>BH<>GCH:F;HEI>EAF;:DFC<9@BPB?CBF?EBKEBK@FFBAG6JAK?BMOGEE?C5D:BE>B@?M@LFAFDJG1>@@I1CH>GM:A>A7F:3:>:AG?FG>;>OA,IK;?@/GIA6:M@?;DJBB>AC4D3=GNG='DHD:>I@GF8L@CF;=KNO4@KG?W9<8B0A>C7H@CC9FCFJ@A7A7?1JIFI<:>6:C?9J?=?LDHD7E@H6EH7D-@1@GBDKC=+;;D:H9CCE@BH>IEILHG>KCHACBBKC@IE?=D?=AMHDFCG:CIHEGAHSEA?7G?DGG:ACFA@C=FJD:ED/:?B9D@KDBC=GSEDFDKICDKJB=6I>CEGH:;A?HE@;LEANFFFNG;:A;D>9E<8>EIEFA;D8:JCIEEOE?FAD6@E7BICBB@E@;>;BECCPO5>?=>9>EBG>LBCHFAD6:?:MFAB;A5:83@FFG>AFACDFACF6=<@;?;>:E?:70=8AK>>IJ7I?AE;A4;2=A=>D;:F<9HG;C9??C=HBEBE:FAR;L8D:@<46@:0/10CFA;C9@:F3F;8EGP@6A:F=>?;AAJ;19A62;;4C0G8CAEC@:M724E?6/><5G@98CB3C=G>>E7BB7>AA1-3HD?=?I@9D149<8BC?B=DDG6:DB>I82L>AK=><9,?>8/AE=B>BA1@HP@C<:>;3EH4>6HDC:9>:>8:BHFH78;:BB8D7;BCD@C/HDJ:E:E@1EG@:B;:<C+0;<8=?DCCGB>C3E@6=JCL@G+7?>EC=FI4@6P?C?K49D;A>DCB8C=>ICFAJ>AD@;L:HC=??8:43=AE>0F9-EA@7@F<15AA4DGE0DC@;9:E=C???3>A6E:>>H:I2>D89<>><=>K=-H7@MEIA?7H8O52BE:P=0*@;E?@BMACC0NCJ5:9E1JG7ID=A=>?47D9FA?C994><8@==D9D8=ACEEGC;F>M;B>@G64EF?8G1?HFBC4><@K2CGCFD:-<@C7EF@>@@JCC6LCA7AI99@5<:EG=E8@A2A@=BGF:?;?FGJODKH@9A3FEIB99@JG=4B9K:G5BDEC@6FIOLH>FGL:EHL1,HHM=C=FDBB5L?CKCC:%A6GAJBC9AEMD5GK?EEN.BC;??G<786;C8GEE7DBAG8DE<@E?@D>?;>7;9L>7LEBG=CEF>CD==HB;PHM=?,AKGE6HJGHBI9ND;A;9AIGGHF>A=DIDC?CFI@JL@CDG:JD=H/DMC6F:=8DFHK>EAFFF=H?FJCAQF?B@08AHHKGG8>N8FEF?FCGG6D7AIE3=DD7=7B?B?9D@BB/?DDC@B@CA-3?K79>J<

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vG>9B?C8E>9>C>>?@ED=3:CAIFG?E8?>8;BE?<>MGB;A>?:>B99CCAA<=E=C@K?77>H?G=DC=>D<:IQD@M5@:E>:ABB2<7B@>E@HIGC=IGC>/F@=JA>P;@?:8D:JCQF>;E5>?FH7BA?>DG;=H>HAFI@NGAHI9?DB??76AB;@=A>=A?;;HA@:EK7@7EA==;>?=@>KD7?8,8E=8A99<36?>?@-:??7;@C@@=<:<:@EE8;CGG:<0HDD6F?<>E6B@H2@38>M@BK8A0>BF7=ACHDBGL'EGJ=:=E69GB@D;LAC=KJ5@2:DF>CC(?;?E545<:-PC;C==>@;G=D==<;D9>K9BE>:'1&A87@38BEC:A;=@@=>>>:/5C98PFL9E19A?AF7<:DDD=A2CDDF;2AD=??I?8=JC85?HE8A2D@JB;BBC<05B=D/45F14BK@B4;;/=I4=>8=>N:BK-@>6EECM@?=:8B@@088J=E@54B535JD<*@;D=>@?/I@:BC>9<8C5H;:3F:94GD:FGGAAEA<;855?DC8:EA7@69=B7KDJ=:8JH9AJA=)H@;G?HD=783D49EJD8DA:4ED8>>O@;IC@>J26>DEK??8@=A4>;EBEF93I:>3@8,9B=C<4>28G>@AA>?G@F?C=@DAGK?KD9IB6<><8B8>@3E131I?>:7;D0K>LI@>.AA3=/C?H+BCD?@I;99D799AJ8;?HJ24H<::;?L8?EH?;5A6K49):C/A8IB>H?;CE2C8A@?F8CL7=GGHC77-8G9A?<7C<9@=A@C4EC=K=BJG8F;@B:HE@HD?@;L<3EDGAOG9C?=DC=3?HB?A>=HMEF?9G@C25A;H98A3;AE@F7:AB9?JACJ=G?FA=/<@J@7?F>GFA=D?@@GBB@0?JC>CB@FDAH6;I5A>4H?CH@@EICGECG9<=>GA:G/=E6DA@?AB>?CJD@?H=N?@;@9?>DIE@3DBKGBFJ@>I?H?D@>=H?DA9=>>86HE9G9>IA>;2:GF86@E<:H93AI8EAD=43<;54;5G?1ID;DD0.C9HGJ?H>BC=DB<55B>E:7A<=5C19FC>???=A9?AC<79E@8A<@:8AJJE7:2<;BFJD5G;4;MEBGA.LEGD?<>LH@H>EOAE=5>EDB?A7G9HH9B>AD7ICD=?BGFE816;8?9LH;@HB@F36C>;B?IF?@7KEC;L6;B<8G@@:G==@?9GFC36EE;A3=G>C5>EHA:8AB=D>J=CE@C1E;8FHGC7=>GD:5A8?>CCBCCHC8>JBDJAAB=AG6>D>KF?8DCABA2=DAC?6F>9>B/:IHGAD=9;A9E3I@=HI>A;:FDAD=AD3B@F@C89BBB9C=>IA=>G>08EHI?@=>BJ6F:>EB6HA;>773A:@A;IE4>B<5CI>84A9K;869L@>B>C0>:C1@<7=IE*?2I>M;795NGG1A9FD3CH<>>6DKD9:8AJ?IADA?;ADBDG;A@:AE8C1@CB2H6M@:IEAL'IO>@@B?E<>AD3A?KGL@D56C=;/AD<3H3MA2D6;?;D;@BC4J>?4?E5?C3E@?.;60;+>4BA/9BTD:HEGH>AG2AE4;7?=?18>;DC.>4C06DF7A:,C3=1-<@=@2;?CB33A875AA@1=>C<&4C9A/@:7;B;63-LEBI:N>9MD9E<4@@?:@3?1>A=;=>;?CH;J?:=95/:??D5BG28=@>E?F==??C<=BA@=9CDC0>??=A>?F@A.DBF?65O;5F:AC?5;E6:B>F@998A19GF?C99G/<;:+@DL>5EKK;8?F>?9F:9C39C=HE>4HC=F:4EI5?AK>B<;99@>=EEB=CB3H=9>4AABD@BLB89;<>DD63I?A8IBKE=1=9==6>>FGAGA==9<5=CADC/6BC75BGA:<575?2B=8ECE;FE?8E@<<@38A59BJG:=@F@:C?EAFJ8=?C2G7@8:8?486J.H:BBBE76?FB>F?5<,9C?>I=8C5A;FCDA6@HBG9B@M>>?>C=:@A7>>IF;8DNA<H=DBC@8B9?F=ED:1H@?7A2G<@13A;5:;E@:AB4<;L@?;E268B@E=K27<;=0@JMEHNB:I4;BHCF=?I<><;9>HLDDL;CIHG7I7D?;G?==H>?A?=9HLKABA8=F5>JAF5@7B;<>517:J9L;5DF-=AH4>>?48/>6HFLH>E;DCI:AID9@9@HC?>?2EBC598+;><>SA=9CC64L=CI?D?CAAC88NDGC6===LAJF4B'9B@6E@<>6==7>G=FC3<8AEFD@E4<3A39KG2A:CBB9@H>9G>;I>97947@G?1?@;;A=E=>>@32<@-FL?9:AD@B@F49@AM?P>PR?@GF?>:=F?>R>M@J?2B&@JE=J@2>L8D;AHE;AM55D6BD?2>7;B@AFLKD>H7.>>4<@5@?CAC9DA==C>79A;;=23F7@1/M48;:A=A>0:B1FA7;9OE:=7@.6@C:;JDH:IHB88;DK93CM=?F?>=?85;B8=83K@4@B48F=75E:6?=>;=?0:L=>E7GDF<=G?>G;=@>CF7?7C9BACF=P8EEBD;N<4E56F3IC=B;CM=:81G:4g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b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k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jep{d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`_nlg•€Îèš…a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ww¦ÿÿÿÿÿª`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sg‹òÿÿÿÿÿÿË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gpþÿÿÿÿÿÿÌn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uo¶ÿÿÿÿÿÿÿu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iDCh‘ÿÿÿÿÿÿ·b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Óÿÿÿÿ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šÿà{{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mn^o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a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c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’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a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
>?9=;;@9D;29C@>>>@:F=<77DAFD8@?B:-CM;;B:9DDC=H@CKF3GED@BB7E7GD=9?6B:;HBC9C?E8AF>MADCBA==??L2BAHCB:@?IAFI@BCB?6=GD@ED?4;GCBE,FD;F>EB?AG@CBA=>@1?FAHEK:9C7?C:E@CBEHB;B;A?=?=1B3<1?2C49;B??7>@>?E74FA<531>9A@=;?599=@BD:0FBH:N<@7@CF;6BHACGC?B9<>BEF,>:9@BFL6=@BD9<8FCE4=2<@;>678>AB@5>A8BB5;HCB<:;<@B<;BD@;CD>>GH64AB3AE.CB=AGI@DG?=M>@HP68::?D?@9:DE7CB8<>CC@B4;=?N19@FEF3Br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b>8<0@AF;P:D?7@6FERDHE<=;=0@BAC3B:B:?B9=<=BFADEBH?<@8I:8E2@CGG;GGD=7A8I@?AGA?I>=?;EOB@@?=>@GC7F>7BB?@J4=4/DC8C90;26@BA:;C??ACJ?PN==;>@05AIBD?>A;A@<==7A6381B:;1@DF?5;1@>=;5@@GC>BG:=A=@4F@>@9?DJE@82DJ:;B6;::;D87?:>4>89<.0EF=BECD;EI;A?:=C;J=B0CEJ->;B@=.;?@/@@CD5@;=D547=A?:A:E85BD>:@<5G=BI8@?=BF=?@7BBI<;IB48J8;AD:9=LADAFAAE=922>?@=;<4HA<>/G9F<>B<6E>B:FFA@9A8BCG<<@3BKDFJG>J.AB19FHDEHHACBHIDM@J@E:DVmsrtwk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cl|r_~oVT[EG@8:C=267A@?A@@A:*:C4/:9C@=>DE>7<>>@:6?@D<>F70;2B7>8A.9/6JBDE:@;69.A>??>E2;;B?-:6>=?AEB>8@:?)9:?8B3?@GB<<:-8>B;287:>BA89FA6@G96>D>1:3??=C@FCD4ADD:A<9?7A:>@>1DD>D=I>D?D=>>82>AI7?@F@JDD3;BDDFD>@3;CJ>@G;=@5;9>DEEFN:3@C0?B@:?8<;9=BA>A<6DCA@0??@4?9D=<@DF;CAEA/9=B9AB==<>?@8=ABC>;D?>D9A6:CH:=>C9E=97:@E7*F5AH9@D7@B2@>3G?;F;J=A7A>B3?ICCAI]`\VH@@DF=CB8@7D?>??F?B?;DGA>@7;>-?BB>@=<=?@:F>>AED9HA<:CA+KGAIH;=E@&D=3-NDCBI;D@ECL??4MA;9>@9G9H5:8C8Q:3A?9BF;>G=AIFBCA1>F@@C@B@FAF@?D;==A8>CDC@;>>CAC>AA<6FDC6I9E?98BB7@ABMGPQde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s‡¤Œ˜¡}}p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‚èÿÈ‚qk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d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z–‘‘™zƒ`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`sŸ•‡eam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}„—{TRJ4CAA@?CJ?8J4>EABCH:?>CDC=7;E/>8@4=BJA=2=:C8>E;@A1C>=?CB;B=?>:AD=>>7A0<=EA88C@4=D?=9;3>/E:A?=/>?1:K;A@;<8/9>E5DBA6>>)=9>@E>>@AI:>>B==/>44;??@<:;?F4C3>>:I6E0A=2@CFACA?760C3BCF==;EA@>>J?@?@:98,B:D6:99BEA4@:A;99.BAC:B<5<6??B69@@@A6D;A>=GA6>5;67C7:;;:7=5BI3E>AC?HC?>A3A89BJ9;?==9E@1A?FEDH>B:6A7@>F;==D?;,=?GE1F=6D=A@EG8D4?<>ECAA>A5B=7@=8B8;1:,CF?E;@?:BA1DD@J>@?@=>:<0@>A?43FH>?F:DEG;6@FE><=4B9?><:@?A=;944??9F6@@3=8@NC8:BECDBF?JA=ACF@C<9B=@?@8<@?AE?D7DDHG??B?8AFEE7G=?D9BBI3D8B=9?;=FC?@F;@C?CBDAF>@8C:KAAHF?<>?GB@BJGB=@D?IH=9<9>AD73FB?@CBA=>CB8:BCGDC=A=0C<@@=E51D94B?JOBFHOD6>9D/DJH?-;H;>BG>?=AN37KI?>=98BEC?:KLFADE:C=C>>C7A>?>??E@IG@ABDA<=GHED7:>;D;C6BHED;B=C9FGPB:IF?D/?6?=A??:FB=OC7FE=A@@:8F?=<@?5-8?05>A;=6FOD;C8=I@A5C=E?F>2F7>GI==4E6F??8E7CJF7CB3EHA@3E@7=F;F8<@TE?D>@=AA@G=CDF<:=7BKADG:FGMEL=@@6CC18EE;A3D@B>D@BDG?I:1=2G>;>6.DICA<:H9>30BA@4D9G;@::E18@=D:<7/E@;F8=A?GE7G@J;=>7?:KDC?>I6B>D6E=JA2@?=ACID=<=?DBC:ED?->,G=CBE2D?I>AE;8@FCAD=>CLF@:@?K4@B8<>;ACBAABJB>57BCF<8B1<>D?EAIFDDE>C;E8F:C9C,=2>D*/G@FD-C?H>;GBCEAB9>B=9>>ABBF<<:EA@A@K8AEF;@1:;HCACBE'BB+FHAD>@F<>G?@;?A9?EJG@DPKEcDnx}j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`¸ÿÿÿÿÿÿÜ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bbSd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aÿÿÿÿ¨e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e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j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aEHCNFJ4>HBBC=B@B@7;BJGF?GA<=A8Fg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lCC5@9;@?CLA/J?@DDG;;D?/@:@.:B2<=<8N9<839>86F:87E>@A@,>AC?>=?@;:*@)H<

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x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g`Nj`e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h‚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k\ce^IŒ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f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nL^gc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ra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b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d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`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l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g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l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f:MF6D8EQKG5<@H34C;EF>@AHI<BI=CBEBG=@B:@MA:C>6ADDEB?=NHFIAE(;D=?F>;C87:C=BCF2AF@;?F><><<@BID4::CND<7BG9>@0?>A8ED=CN64A;LA=@>D:PB;A;86?C6CAJF454@=>BE>4339BA===<@2E<84.DA>05=>A=A@BB;52D@?B9?BB1+9>=::=6;6(@;?6A>H9@*4@P=:6D=1=?FDJ;3?>AA3C=@GFBA3;G6B95:BDB@;D>H=?=>7<22?3=?/B6DE6?H451FC&36DF?@N>&F?=IDA@D8=+:M8A@C@>@3&A=FAA4?358BGF=ADF87I9C@88:>DAAB=6E40?AD6B@@1AEI??CDC>GP;;E@C359B;=KA<=@4;C@9DE.C<@<6K?6?/@@=?;F8AG77AEFB?C0Q?::?D@D?48GC>9=<7G6AIDA?B@AEE=?8@>;/EBD@=?=5?7<1F3C:AD=9.@?=7;6?;-ACC:@>1B9+,9N;>6C>%C3@@9B<9>:34AC9:?69?F;A?;B=?C?5G4,<6JB89D9D>?E;?A;>ADFH;-9@?J@:=CCC99@JAB6@>199B??:1EBB@FCA8E?@;C685R;41BH=IHG3DB@>@CD>>6=B4D87BD>A:?B7G:@15>ADA9>D@>@A;JGBE?E?AJD=F8C5;49=JAL@FCD<@1IBD=8D@?BDC=7EE=;AAC<@B:CA?><:G@@DK1D@/:3;C>;@=AH9;==;8DFG7AD>;:C<><5CB;-B;-2A7DC?>95==D>CC:BC:6>9BA6A?B?:BK:HDE@G8<A@:@BCL9ECLNE>=AE=:IKA@A=>DCC=FI;@?F>@HN>CC=JB@;HCBF7ADEHO=@IA;D>L<=<4IH?@>AG?B@QDC8@B<<1:H@EC@F5C:9;9B6H>A>:HH:>IH=@J0DG=:8CIODF=B>A<>69HHGGG5HJCCA@0JF@<8>BGBE=:@BHE:E@KHAH7:DH=?CCBCI>AHI??>?9?@KCHBF<8FE?>;<;A>EBCD7=@<=EE?2@BQJCJ<8;HCJ59@G=IPJIACJBDIEL@CGCStE=FDG@;VK?8IFLETGLCB@;SPA<;HHQKD2G?T;DR;?<23BA;K>7=FFG9E9DINEUML@*QEUAHFEQAKGQQ=6FEB?2I<4>LXACI;M?K?>ASC7;=J@PMFHF6D0=AEAM>HS5FCNH5F?KHLDTG;6GIB=I1==I9HC@<;:A@GDL;=IFGL><4D-BC6I:8::/A?4:;DA>.QD?6I9?I<>>9HH4B9;<@FD=C@90E?C:/:J8A>GJ;B;:LB;99DAC7<9N??F0>B;<1CCC.G;D4C7;;8;CGD4=>I:<=<>0=D#?;6?=@D9>=@BC=;185?:CLA;?:?AB@=A?859<@:FEH8>F==9@:>@FI=B?=*H4<0C=B@@B(?A;C=F?7;6B3=D:8(7F@;@=*F@7C9395B8?57>BAB>E?D==6;<5GCF=F?KI>BAD>AE7%BD<:9>B@D8AC866;<>DBB@?@5G/AD9?F8DF:?8>=H.==>;FAF>7A>@?4=9>B7E>=BA?==;K@H769>>>AH@68>DB<@D66BCF@CLJ=31@=48=6/.A>,A99F59:@7C94?B,:E9:7>@1@18B;/5B=(6=:B5>B;;=>/4=F:<::<>;87?B?A>.0?A96?8:==>;<;8B2JBBC4<5D>BDE8179>6<=D6<8/?6>7?8C;GCE??9BDH>A3?@A@:BF974:=FFC?>?>F2EB@C67<<<)B..?@B<9F?<@BD?=:<:;E2;7<-=;??>@:9I6><7?D:>=4=G;A6@5=FC:@B>@EDDBEAF;D6?8BGF=@8F?B=;@;F;7GD><6EA5A>B=DED@7F@AAC5L:A5DD;ED4E;:==;>5G:CEFHCCBF9>=;=;<3BC7;D85D@A5J5&>A=.2>FAGDABCCC7>DE7E@EEEA<3;?==<9>GEH9@AE?@>:6>7<9*7EA?>=@>?AE;=?7C7;=>3>4B9>4<:?=<=<7@<9@=@;GADLF=;>47HLEFBK1EHGLDAHFH?CJ>LAGGG9BF:B>GJ7>HLE@MH:?B>HDDDAED=IM>CCHLI=BDHDFEFEM7IMFCAC?K:2D@8C:@XOHGF>@CCM9;BOC?>?D=AFDA<9M5>FFF;=DGA;><-=JIN9>JIC?EFDFMD?C@;@AFOE=B98EF@G><6DG8A99B>BALF=JHG=A?D7O?GA8CGB;F?:AA;DICM=<+ELM:?EIA?F@JM@JMTIAHFJ3=KU.4:GF0>?GKCMIPARC:B9@LJ=D49KE>6?9LCAD>4HNGO@@G<77CN?G>6H=:CG3@KCF+AFK8IM@97FC=J;>>BF>;5BB8?CCBE@@G7BBD8AG8AJ0,EIF9J?;=C7EI2CBBM<3;A+>=NN@H7@9D;B;6<-<;HG>96F9JKB@<7>:?A@M2:B+BCA+@DABFC-@F8C763;B78>=.7=9A31MAD55I>-@H>6F1F=>A6C><:3?;8<=B47LH6;=2=;>A5H6=;7B7A?78;:?;A@>:B<.5?B??,<D?6;/A=@C722>=68:,D>BC98>CD>=ABDC:A?7>;6;87;=@9=3:1AED=>@BB>2C9-BNF/197-@?>>8D;E7;9EDBB:.?>2?AAA>;2:E=EHAC??=@E=?;;=;D9K6B;A7;@;;2BAC9H?==BFA6/B-BDB<@G>F80?<>A4<-<1>;>28@B??@3>>:?>AD>A>E<>@@CBB1BC5@>B79;@;9>4:>=A9H>?4@;B:6@;5=9@99E/@<>@B;H?<0F@38,4,=><4@5?CC:75@@>;CF?BBA7<>B7A<:@:CCD:EC;C=C;B;;@63C0299BE;;59B8;C?G9A?:;H:DF@E?;:5;>>8ABBCAA@8.D@@5@F?G=C4;<4=6==;A638?=6;FFB;?4;:7@AF854D:D9EA8D:DC8DC<8>M6@1+EA69<9;Q>E>GG7DEB?=A@BD>C@=F@?BE?BFA@BE=>9>=F=<:C@AGA64=G9IEF8DB@?<;AL=H*:9;:E@BDA79CC:II?;26GA>+=?BF=>>@AB@8?G7C=C@G?C6H:BCADE@EAQ>J0F@;GEBCAF?@KDE;BAC7HBAHBBDB@8BAA1>;;@>G?<@?:>?IANE>BC@?HGCB6FA:;I;@ABBBJG=9BCAC1BD@I9EJ@;F:?9@=E@BG<9@@2H:<@=DAI;>CB;;@7?BC<>AAB>F@ADEHC?LO?@ACCEE@G>@AEB?M@??9:M7RBD@?K>F9DPCMJOEBJ?=RL=D?2A@A8GBK>5A3:BE=MCGC5MJHACAI:=8:?I,=BF,B8HAF8B@:GK@7>G=A;E?N?FAVHMBB;3QGF,BA:FAFHLFJKMAC=?D66GC'@I=CHL35IL=K?@<:??A6C?E@K>=PCD9EEME.,ID5E?36D@FBDHG7QJFG5)G;@57?8@:>>72A1AD2@:?I;AC87/A74A=@?5B82F?D?;06:J<3C;<4=EBFA98?47CK7@DAB=G.BAE9<-@@))0<909F1@@>G9+=:@24B;:?<@<8:3C8F?E;>D44;E@E;<;@5>9<1GF7BCDIBE?8?;1<9;>=BPJ>?(HB:JBBA;=E=+@9-A;;>3>:3>7/A<=D=?DDE8:A28.C:5G8:?G6=A=;47DB8:=6M1?;>>5:CC;=18ECB;?;9,L.>:DD@@@JE<@-94:66C>:9C>A>1=.3<@9@.=626=9<=F23,6A198:C<464@C96A6;C?@0*D:9B2?=:@EB<=<@7HC=@G/BEB<69DH5>7C8F=?B5C@DA;>=>??;>4<'D;1<>879=;,6B6DD67:5=>3?:<<:/@7=H6:7:99B::@A@E:19AG?;8:2F4D571=2@D?3=;>6<266D8>?9=BC1:72?C7;*A69A;F=@=HB8A8BGB3<<0<@@:A=:>7>D;1=5EBA5BC7A6?AC>9=9<7A>=CABE=EED=@FB?ED958<@JJ9?A:;?C;;?86B8:<5;CC=?@C@B4B<@?:CDC@@C>9>B?CA9;EH@EA@@:CH>H<E@>@<;AAC<<9B>A?I9E;<=CH>@<;>B?@FEE6?D4;95BCEC=?>A>-6?173<>C@FMAJAH@EC4F>/@7:=;GE@;E9B71D?;;DIC=>%E0;=2B;;8C1B8?I=?;>-AB<8=K;?C>GEC??IAF8LD5?>=CAG=HFB;CGAHG=CAF7B:<=>I:,E>>J?F>LC3D?DD>?CM@?4CEGBD4?A>MI>CC9:HGCAB=AE4EG@C5?;DBHC?F>>E?FHE8@8EDI?IJAJHBHABF:H>FCAGCE@?;;?AA:E9?=EC9FAE>?=C1;D=C:DB:88DC@M>BE?;JCICB;8@>DA@8GF9>A>A?>DCBFDD?A=9?HOBBH>CE;MCPG2HN>J;HF>J6IDFTBEA?;?AF7@OQFRZIJ>@NLEFHH>HD?JFOBCE3H;KXO?AKJ@RLACHDTM/OATAQ?A?/<9CA>GJ1DBAAFFLKD694KD@A=ROP=FGE?B??EB5GA@KM:>>GC@F7FD;?E6H=6KBB@:DC@F@A<:6D@<:1H+IDQ5GF?5>EC,F;>7:ABC5?7-H1=H7;;C8B?B>C?GA<>BB;.'9CB3;5888E)>H@@=BHBC=:773?:<:G@FD>D6;CDIGE5;@7@>J.@5A@7C7>BB3?IG:A?;GCXA87=CD8;?6:>=7;DE<=@J9=??;=>2:8B2E%>??7*>0B=0A<8>=.F=?BA;2=4=?0:?G=E:?/?AG5E9B=16=@0<-D>:B13D82<9716B4?97=B>B0<@B;&.69A>=D?8-::6=?=;>?@9<7F<8?4@2AF<=A9B?>?C=>@::@B5F=@E-G66?9/E8>2>?D9>43?>A4LCB=A>0E=8A76<:C9C@H1:3E7>8F5?E:J>DAB.>:E9AA>?A;F=52@1A?E?C<07A7:@88?4<==5B8B=:<;:7A<<>28==?,?><4B726;8BC;?:;>*=4/13A5CDC0?G=5@C<:?>>85?6>?;?@?<5?94A<3=@B9?>G?86D?=B7;?B6BB>5577F7:I2=;EH?O:A@?=>D7@3<8EHA@A=NC@A8>==EF:B?C:?9==A=A;@@;A:B5CE?6:<>8=>.<=>I/:1>>DE<=G:=FBBB:9I49I@5E>=:>6?JDAF2G:>H6;E>CBD>A8CA=I9@?@C=:9H9;BE3?1EA;7E@B?C;<::??59@9JA8>B?;8DJE=,=D>6==;8:9C.AC=??867E:??9DD9E@E8@;=:=7D=<,9BA70@<*F2>:?J@;CCA>=:93:ADC:=@==?G;?9A(,BFH?AD?=KH8E@A>P=C=:A0A@AEFKGAH>B@;B:AGKAGDDEJ?FCE7>DB;BGI;F?87BE??=FD7DBQA=EE?G?AC?BE?JFMLJU5A>@G0@F<@FKB>G@HBDPBGKCMCBE=>QHBFA?J>BDAG>I@EBEFNRA48B=EA6;E8@H>5B4<6IA08BDDI>CIIG=HHMQBDN?MWKEFF3DEFHA????>SSMGME@BE@CHPOE3F?IA;DCF?==;5BEFCB>@BIMLSQ@MDI==DDFHCAB;-A>7?A?F:C9AQLANULIEDYPKYD=AFDI4;9L6CK@/7@>DG7@F@BCC?PHDH9N7DKBG997GJ:?CRFB9ETI:A>J6DC`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b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`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`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f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m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b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`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ªˆ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˜¬œ‡r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lHF5H>JJKIHEH?>KKMTVSYDUXLIL>H3@B:7=I@@GS4OMLECF9[T@C>GBQ?LA9QK@EJ6B8K2EE>GE6;A6/GG<>AQ?99?OIAAHMTKBM>?>IGBDJD@0HAJ68DGJC9A-EBC@;0GCNKX+F@6JIF29:J8DD?AH@ACGA9::J>8G>?>A;CH0@C5(4@>>KIA

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`oxwNJFKB=GEIPGC:2GL>IGKJMG>QGHH>I@JYIYACNRGMTLGJKDJFK+HR@HVMP?E=?-H*:EADBKJJTO[J@OKVLAHBKJMN=BODD7LHA=OD7E?C>BDG*BR/B@AJEFDIII@B=EI=:<>HC@KHC?/F=1>@GG@>7QBN23<1FB=24.=DHJ=B19=HBC6E8BTaƒGTRH9HBJMBI<=97D5;7:EC?78CC3I+?;9J>=&34C;4M:7;C9:?G<=54>>D39>?JD456?D7D?M7=7DBF702?634,;EFC-=9:?ADA;@EE@:F5C@:E=CBB5A6G5<@DDA@I+;E8B2?6D8:>6@;A7D<:5@>887:>=4C6=<9>9:;8AA-2+B91;H;=<:G"?9>E5MD6@7=DB43<5883+@>>+ABC@C25J97=D7<>DF:AE8AH.5:9E,B?377:?::=?DGFHA>3=A=E?=;=A;?8>6?B28C;E>D1C=?EBC=?8AF4C5GD9>5=E@G?B<3;86D=>E@?;@C;F59B26@08G:E6BF;?;A6A55E8;<,;F@DB9=@@:A*;79=8>7

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`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dOOBECPRDHFVKJSH;JIGBJLD<>=4N@LLE=AB8HSN@8>@EED@AGEEM6;9DFEKINBIG70K6GACD05?=RMI•ÿÿÿÿÿˆzaPSCDIE?==E>;F<00F@AB?BG><@DBC<6=;HFDEAA>C3@-A@>;*9<;<@F@<@:4A4A:I-=::D61)?;9E3@4;?+C@D<=EAA6@7H?0A68>AH<9IBE>=?;=4>ADE5B<9??CA7B7<1DA;HC<6D:@)?=>>?9@AE?AAB@?B99BED4<:=>7D;>;;53>-=8H>8C:ABCB@C<=9?5@D@9/A,@==.:;K47@B@99<1A4:7BFC??97C>DA/A>=>B6@39@=E>B>DC3GA=9:3BA;HB=0E;@>?A?36;>=@6GC@;B@3A86B;6A:@8FDCD1A?B>-:1J4D1<=IC8=CD/<8@7AF;?C<5@>@=G@AD9939?759=I-HG6@AEED7;>2AFFLEEB>E<9?;><9(9AH@?GADDA9C@=H5GF@50<@B7?DD98GB?;B>>C@L8<>?8FL@DDFID2BA9GAFD<9*@F6E@@RC>C>E;HA87BD@C:9@9?JF>;@C3;C3D?>=??>CC@?4?A:??>>A>?<>B79GCH?;@?:D5:DGDHBB@;FD>HHFCB98DC>?<=?A9B?;:5CA8HG5EC?BAHEB9BFHDI8F4CEI?;>?CAEAC?>AEAJ=EFG<HD1FG@:I8IC?DI>@9HE@BJAJ?A?>DEBAC@DHBBDHA@:@@DK@<8>BADKB0J,?<3D:G9F;L>@DDD>4IGIDCA8D:GHK<=@FBJBDE9D8FC4AFOHLFL:EJ:I?D>9=HLI=?GIKLKHISB?CERUULEOX@@KF?.BIVQIG/CO?FLFI;I>NBAC?;47E6F:BB@GFPIN@E:LG@OH=MFPJGEALOR?@BRG7MMKMP?Q@D@7ESEHLDLFGDDGCJ<9MNA=MB9KL?E0CGJBNFGOF8AUJ:E8FBL>>@;HDA=GIE;@?=M>@;B>EGG@4AP=HBDE@I;IJP1HD5?GDFYH@A8E@A1KCCE=B@@F[ìÿÿÿÿÿ‘o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bFKHB?EF@F9G>AC=FLNJLJJ@@TAGI6CF8R7H?7@?P?Q?EECRP:;=@JGDICF?@;D=?6E@E@G;BR@;E=@EH3==CFNÿÿÿÿÿÿ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fRTDBJ=ABBNAF@>HH:Q``WFDEFTDAIDADHHGELHIND:FFC@C=?NADJDAJ=ILC?LJQkùÿÿÿÿs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oH65MJKLD@HDKEBKLJLJ?9LMLGKN8GM@?@A@>?E0;>=9AH?IC9JZHNIM>_HLHd>?@Q;PBSL^MRL>HJB?QVIGDKF@DMAA@JJP=@HC;?NN8N>BCFA85>DBG@HD=?MGH@GGD>IIAELIEICA9><;3C9JDIBGQBCCRDLI:;69AJB>7NAF>@GC38EBFXÄÿÿÝ_DK>2>H:@B:8@;I=;FBFED>LJ6FDONAEFJG>EBO646KPHEICNE?6A8=>=F@DBCI?AKC/>,GBCF@=>8A7KABBE4H63.B8EC9C@A7J@DA@=7?E<8B5;;>D09?6I>7>FD5I=?:@:BACAA3D@D?=?A<0;F7IB=>BJL@@GBA>3@>1A=>8@=>@AAF479F=9=>AA19@2IAE4=::BH?>G?DD@G?85FBB>:?A=49<=C>9C4<:3C+;=@DAEA@9FF7B7>?$AA??:?D=7@?599:3L?=<=4OF?=>?:=D??B<9BC?:3=>=AAGJ=6;7<@H@?>@=E=DD?;?G8:5CAEGEAE<>C3DE<26<<;3=EE/9>;FJ?AF202>@<>@7BD:@E;2H6>?;DE=>:4,75@9D=-<:BGC>D@@G8::<::?EBC@=7@B;CB:E:8H9<+ABEAB7A7==9?5AGD=?>2?B6B>2@GB:;AG=2>87K04D@C)8:#><5:=AH7???6C=5B?=;@=A?7<>@=?/@>B--2A?9D?E?-?8?CC8>CB=E;?;9@H9?=AA56CCEA2;C=@:BA>8E?:>49??BC7GG=>;C;C9JF=;=467:68ED@B;C03:HJ:4CBE?=BE9=B@9;;=FA;@88F6?=4B9CGCCC<;GD<<6;<8GBAH?7;C:A4B@===A3B,A<=C?A:=I2?F:?D9DBEB?7D@EF*D9;=6G@AA>DED@EED?FDD:1@F>CGC;B?9<<>CC@E77DIA9@DC899A5AJE7FF6:J;G@?=8I5=4==>CCG9=3?DACFAD=;DF2@>HI=CA=>=HHJG64<=EAI@II3>CK5EC9=?A@9@?==CD@EDD;E:FB;CEA8FA6FAFF@?QOL9FFD>>EM?H>ABIKBLGPFDFCADEH9GL7EBKE:@FEJ?2HAA;:B>AEE::?JD9:A>GI9E3DI=EL@>A8D?GFICJF?=BGANDLJ:>HD:KKEGXG5C6IJ@GKA@@H<:BC@ACJC>ED>@ECP@F8DOKPE@NMK3NESGE=GLJLHHLSLJFNHNSVJLHAFDFC9BIGQKEDJQJ@7REH@UJNHDEHCKBPZ_NSEUEFGT;ESHEIOIHDUSAGGBHFSKE<<<E=P>GRH=?JUNJP<;KB=HFEO>K?=9GAE?EIC1:>@J7I?6F@?/:EIDDAF7C=FFFFU99QA:@JM\…zTPN=C?B>9:M?DF/E@@:F8>J?A>@?IAG>0AEC@C;@FIB:6DD;C?K?=2B@?7=<9CG/?@4>3>EG8@B=;9@C@A)9E;;:8:CB?8;?=;DA8=9;@<@7HI>>K<JJ6KC32>;79A?KG1;:CH2A:3=HDHNHB:F?=H=B9AE7DC?;<6?>A=D79A?=4@F>EID?B>>F=::B=@?B=<8B:C@D:2D8AGB?6JA:9BLE>=.A>0:A@>@?9E=1>84=B6>@BC@7D5?;:J;B;9<7>C>9A77BDC?55,7==C9=<)7;?F-:E?6H<6;D?7?:,=CI<@8=?8<1?@>3:CA>H8=D;AFGC@.E:=@C=C@G<9>AD>F@ADAD?AG9@CAG?FC=@B;:9H8==E:;;D:B@>A;5AA:?<4:3@EB7DCF3:>F2C1;7;4A6D?@8<:CE=9>=A2=*A?@7D>H)EF5>3>38?>3:*@>;>1>A8;?DF==4D:=8@?AAFA;GC<<8<=A2;D:@A;>AD?=83?G:=9BCCDGA9?*;EBDAGEE9?:>;I>:>4>FA?=2FC9FF<;;B@A89C;D<@==B7E<8><<:>A>*B0@4=5I3>J=AHD?:?>;F=@?GADB>4>5C7>:4D;A?A?454?A@=FFDB;H==;>AAJGBB?B:4FF9;E>B>?>F@?@?@B?7CGB@@A?JF;AB;FCH3GF3LA?>FDBDAIIFDC?B:4<1CEDC>G7IAEJHF9A>A==5;ABHGHD2@>==H>?EI@FBE?=R?76E?G>F?>FI:D>ECCIH>4@B;C@=B:EMDKBGAAAH;==?DE@F9AHFK?DMMLOII@JOWFD@MQVFR]KGHPRBDDIDDQEEJIMCHF=ISNEMPLEIGFHCHQJ=LMABELFH@@JQID:KHCHQVA9RDFIEGD@CE>;DKA3;:4JHEAA?<>:BGL8K@=GLFEGECAAEFQ@AHLKI?9JVRCIBA>;??JL,CK3==A63:@0OFELMEEI2;9QSA?BFE<>D=I>9KIE=1>;7>@E@@@,FBDEA8BA7BDH>LD6=@?H9@A3;;97:E=;AD>C5FE:9E?D=B=H=GACFFA?:A8>5H:@;=9=>9?=;DD>;/5C>@4D:::>46956I74BE?N=D=?@;@BK<=;74@;G=BBF?;4>B0=?9>>>8=?=:@CA=91=@B??61;=.?A7F7@G77AA99AA73;C9N@@?:1@2@9@F?C;CC=8C>?L4CA=7G<6=DBB-F80H>43E;=1C>==(73>B;C56DD@4;>G.<@69I:KI>=@=8D=9;F2@CC5C>@G9G<@??=.A?E=9:2=C??17:<:?>8BB'-A>8BH>A1/CHA?@B3;>/:&C5?93>;C?<=E5D71<<=B8D64;?>JA;A>;F97;?2=;A7;7BI?FF;==CAE0G9;;A8=:<9?<=A?;<9@?9;?CA:CF@JDG@==3H+@@>@?FCB=@:B;@CDH@6,FF8FD9@99==>79==@9K5CB:CA@:169CC=B@J??A6@C:FH=BBED;B3F4::9C=<::4D>@FDC5@A?6C@@CC>=8DCAH?9D:CG=@=:;ABG9B>:?999@>B?;GFHD@E5=<@D9IC8F;@=:1=?NL@?;>99=9D>BED=EFBGCAJAC@EF=AK;G==B8?B?HAB@FBCDIBD@I=D=H=B?JE?JNDFHF@EB=GI?=?D@?CEA=CDCG>DCA;?@?4QBGA::=@C>AC3D@B5AF@D<>HA0G=1=?H>@E>B??IEJ8?@EBCKJKH9CD>@FEC>=DH8@FHB57;F::5G=G@@LHFKEEHHLBQ>KOLFULC@M8?5A%IHT8E7E26FDDAFJ@ROEFGDKA=BDDN58/TCBDWXNHIHVPBAKQYM@:DGJFRPVU>5?DA5F:;CHF@BRIO>LDBLRDIL=PBIK?JKTONJMBDFT8PPEFN8CQ?NEEN@YQ6=IEE;GFC>IL@HFPHIA?GEB>FPCKOBLO4C@DKEC9??MRKF9E@LBC@A7@@EDFBBKC:@ALJJC?UGCH4@L?;EKG26L3/GE;FE9;A3:<68#FGC49@BB3BA@=O/CJ?@IB==>4=F@D3@2/=DLA@E/B@IA6??=1AK?CF=7?=D9@>?@@:;9:A@<67?@BB=3=AA4CA<>I=BG8A;B5=8/C608@E1E<FC<>BA?C?>355B9GE=E;$@^?;F>::=B=D>AG1BDF;!L?<>F.9DECJAJBBA9?C@B3?A:=BDC8>;?BA@A:AD5FBAB:,>3?AEED9@BA90-?GDG:@8E=H@BA;B5,6@>>8IAB69<=>*N?-D:A0:9B828;H9B8@@6BA>:2N=>:?A5AJA?DAGE4:??-F;<2:H6;A:=C@>748;AAA><3;:<4C6:;8AA:C-?@D4?E@E:B9>><7:A=1B254A@3A?B26>D0;?81<4EA::42@GAD?F>895;GH;;:8A5=>?A<67C9D6@BFB>=A0D:8DEC-+4>E9D7>=B6?A@35:.D9G2;6B@8;@CA>7=>AD;;BB8BAB0D<=@>D6A;@=8;><6?@:9<<9B8AA@@@:?BA-<;;A8:A?@;@51=A>AB=@BDFF@>BDC:4@D>C7H;6CFBH7=>@>:89:EJD4:?;3?6K=E8=77CDC>I6B3A>DDA6AHD>CC;DAB=>2?E@?=>3I?J=;:)=IA2:6EFDDBBK8F:AAF;BA@B3C;;C@EE@E9CAA>>=9BB<@FC8;:H.?A=A==-AC;><:CB;FDABAC?K@:?F9?E;>B94>9ECEGJ8NIBE@CC:;@4=6DDDJE@AEIE:@>G:?A=C>BD:>?@FJGB29>DB@EAE=D=@LEHIBEDJGDDCJ;9DDBB=G=8IA@@I:>HH>987;9IBAJH4?;>BA9EJDCACB==B@HG97=FCC;=ECGN9GB>87BHCPEFCIFKJ>G@>:?=G?LHDGED@BBJKGDJLDHT;EVIGA?JI;^NJHEPKIUIJAI?NK?9:MHKIM@3JYFADGGH>DEBFDIHI?AHJEC;?AAL=CW?KHEIFT7JQCGC<7B8;7?=E:FK:;VV=9OHSLCIEKGHKDMZLIFIHC5AOT=0C<=A>EKAL>B=@INRA;9;I9@1?MHERH>EC2@FAO9EBD6/=>E;8I(DE4D9;.A1LA9FEJ=??JMCG;%-=A>29>0@HE73D62>C?GF?I?5CACF7C9.5<4EID3<4?:?4@ADBG=DEAE<@>>6;,-@F2=8@:B?2IB>J7?5HA;:3@=A>HCDF6@A2?BH77A?D0AA?@7=@3CDC@/5C>=CC;:CA:<@3:*4HD:EJC<@AA=;C?E=B;@;E<1H<9>4ADD5HFF><58IGGE8<>4>03@,:@>@>@;DD0AE@I=:=J9DB795CC,@CE;4BB-<>A9CKI:EG=?4@E:G>>>H&@=>C1BAI=:7;8:@A?B@@=36@;;9G1ED=:8/7G>CDA>ACA9??@AA7:=7??I64>@A9@5CAB;?=:=@GF=@<158EBG;=>@(7D?B=B;CD?;;=B6;;@;G;B>@6A9E89C5B>G4>86A8@H@CC7G@?:FAC384A>C@2=AF>8AC7?<@A?CFI:>EC:D=>:5A<75E>2/AD8BA8@@>1B78<69BGE:?:?@BF1@:<:/4A.B?9D>A9>>6?-9BFA7D9?>=;E;;=66:7?@?4=L;BH@A>G;@66A:8<@CBA>?C@?E:>6EB>>C4><=D@D>@@92>E=>@I9@::GJ9:LF9>FDHD@DC:CB>@=89CJ:@>D?FAECD:I?CHC66C8?94G@=EC>0A?AGB@CI8IK>GC>9EAB;DH@E?:AHEBHG?A7@ENLQEIA<>EH=IHI?ADF6JNEPH;FAD8?7=AB88CCI@0ADEA@BG?@47;6OG=C9BHKB@2ALEGBIB=?F;AIIC@EV=IE??BBBFDCKSLDSK1JQCJB;>HMEQ?BCGIG\VNBGEKK@J:GPONCCQEDEDMI;ID>HB@QJMICCDKI5EH@PAAIPENCNJICIIKKAC->BA9=;@FHABDIDBAFEJF>NGE;=<>C9@2IZFGBJNM@=GCFR7BDQMF:EJ7DE4=?69;GI,EIATA?LN??@:DGBCDE>HC>A=CI@M;5?/FL/L1EHA=;@=E;O;8@@;DH@B=L>D4=G@DED;IA?0E7<=:LFD>=8?B/1;@E4E5@4H2A=@6<9GBCEC:,=CB=J5<=B;I;?=@D7?8B:/CC>@9@3HAEG?AE;9@3@A)89@>CE8=5;CH:G;FIB>3FFH6BBA@D:;;AD=>B?FB7?:EBB5KH>C<;8IB?BGDH>DL)GJ4D.;9DB=@C?6>:>5@;/CC=MAF5L@M0;?=8:AN=@F?=@@@C6>AE9@?@=J@FA>DC>BDGB:=@<>1@BB(8BA:BE?=<8E=;B7-;A@:DD?>?BB:/D;?5999:=<:@EA)B)=:B;A>A>>>AEA;F@BB:9:1?6;;8??<=9BA5F@=<09:4DE>96A>:E5B9>>C?992ACBG?7;:8+G6/@1@@B8?B9B@3@BA@><7A70>BC>?NDCHD;=:FDG?BC>D77:8AD7I8;=H<=9ECGABB;:?4<<8DJC?8,9BCCCI86==A>?=GED<<;<*??8A=DC2FBF8@A3?<4@6+=D0?F?:I>C06?B@?>?G=;>E:=>AB<8@6AB:AH@C?=AA>CCCB@=9?:BB>H>?:IAHA=A5D>>7ID6CC1?BEB>B<;:CA>E?=CFBC>D7@=A<:IB;F:?@H??CDAEIB:;;A?@6;@2C3<28=@C>DHD=@AA@A8<@<@?@@C8E9;:>E>AE5=I=6I8DA?;<@MD@EK9.:F3A@E8=C;F>G@9H<=A@AFJ=F6:EF@B6F>GNE5HCLJ=E;EF@BM@ECMENJFJ;?BC=>@C5>;CD?HFM?EEA@;8DBH:N@9EJOE>FKFH?DCDDB9C:28>LFCG?IJ@BAM>QKJDGM@H=J:DMEFJAEDLNMHRHIKKHKJATSD@E?FPKMPIV9DJEOFJ557D@@5:?GDMGM@9YNAHNF@c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a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dAJBQJ]E@GFCE:HFHCKELGSPKISNMJPJ;PN5LLOHD?HIIL^CHJQDK?NLMJCCAFLDHKG>CIXQEB2AEBHK>ECPN:DJN;AELHEDIJCMLFM:?BLET?MLPNLAALFD;ISEKNIACHDH>@;F?L9LHNPKTg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b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d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m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sBC:3?F?;BI2JFBFC?D=@@MEAFFI?AC@@??5;A=>D;CIIJ?C?-4=A:I>BI4@GCCF:<<8A;ED;EA>93<@BE8C;H67/=?A>A=C=;1*BF>JC66AAK?FEC>BP=2A:B9;A99.B5@5CA;>=7=BEHDA>>;9548=CC;;JG.3A5D)@??7;AK>AC4DEBC@>>@D4?C4A3B@8@ADG=<:+B>C1C3L@8EE79@7?@K>@BFB?K:=?=<@;A=;,9DH898KFD1A=5C>4A?;;A>>@8C79F5C95:<'B9H5@EEA.C@=<9=88;;/C34F8+B9@BDADG+>1:BG@>D=7D<9-DB:DIAC?>=52>D>6AB9A<;=@1CJE=EHB,=>;>E<@A:9?97B7?CBD?=8=?H85D7>I58M6ABD=@=5>@BAED:H;.A=>BB67@CB8A:D=B@@D@B1;E52?GDEG9@9B9@B7=?E?78,-DB8=??A>=A>C=<83D6D73=BMD6GDIHNOTetDo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c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c~o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bbiVfrZ^GJZEO>8@2=HA?>3@9B>6=:;>8A?4AC=B<;75><A>;>3AA;@?H@5@1D==A=8B;@EDFF@AF8;BF829=>I:4B6E52B8H@B?5?@A8I=9B>9IA@?A:C?@<8=E7CKF9<:GB>H8=BA8FEE?:7A;C=:?6;=>>GG8D6:?3G:ACDC89F>CB;+?5?JJBD=?CG9;?CAD?8>+7D=J?8?CBAF66DE=@;4C;>D?BHGDCA;G=5J?;D>?>DDB?BG7HAHCBBFB@ESFACEC9?=F8D>>;>DI>B>GF@E5?E>?;?=BBEMCBLB?IAA=D@D==@>F?CFAB@1>C6G>B7D6<8F7?FE=6BJDA@?@;DDABJEFCDO=BFKC4@6AOME9UD>3@ICIHLCHHXPO?TJOF;O7==D=GDCPHFBFG9FLE;EM@GC\QGEFD;6:IPF;CCG8JHGWMXJJD@7BFBD@JRDLGGJL=>BYPQ@@JD@HKPRENADTHEBJCB=BTICWON:R5F?DGFOLHSKOFS7JE:GMHKEEBFMBEKKL;EDCAOMFFVCFGPJLC?ND4@7MLKR1;<@GKHAB=G>D/DCEKNOE1=L@-97?@ABF8FF=D;@BEB:FAAFC?H::G2H=8B46;E@2M77<@8<57?E3> >0H8HBJCC=>ADBM2D4CDDBLFF<;A69??HJ9=@?>EF@3>AA@>=D/<;/48@7GACI>0AAFDDII?7???@@;D9F5EB55B78)AA@8?N2BG/E=8A@B1:8BBE>5K?8C@2>?9;;A@8A74=I>@8;?@BH?C@5I>>@?=5>>@<>?:E2AB<=>6I6BDDF>=??1@?;=@B@A=K+B7H;B6=>8H=C268AK><7?:9CK?87887<9@A4D@CCDFA;.F?8C=F->A0E;?IDECB7;H>:>>AAGF:5BB9?/G;4A@>9B;BE92>9:D93:1E8<>@CIA/BIC:?IB?:D@79=@G=>B;@=E:87BC=93??AA2>@5;E::>FGC?5AAA@@:;B@F=IG6;BE:BC?=;4EC=@6@IA@:08>EE>=>.5@LD;6CDA<=A45;@D78@=:BC527<9AE?67;<>7DDA5:A>FA?;=;E6H==F@>C1F8C=D>=7>*?;A@FI;B?:>@B85G7B=:@7IB>?AE;GC;F98<8A=D@BA@C6>HBL==89?A@>7EB66K?@;?;AG?D78B>>CCD>?CAE6>;=;B@2FB<8D6=D?>@>999>G:A=;2?D;A9B>:7D>;@=FH@:D?E>=>C>@@AGC;@@?C9=@=I=FD?>=9?F?:D8@F=EAE:;CKAAC=F8;D89:@B3@>@FBC=GJ6DHEE8<@MD=G;F@EF?2:=E8?EAE@8FP?>@=GH5EB@@BD6>EI>FA8D5C>IKKJ<;8CBBIMK@LJJAFIAF9CFNEK?A?;>9=?K?L?FCBA8EC9H9EM@CHC9:A=E9??0D>@@7?A?=;>D99B99H96@AL0@?FA@<>GBLK>CACBOAABAIB<:IEjh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`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g–éíkeOG;I?FCMMD?I?IEEH@FDPQB>@HNOEN@EE:@LBLHIA@I?JF=@B74GS;COHHAS4LUKK7GHPDHCLONI;COLHDLGDBOLJAQF/ADJ`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a[Ra^O:@D806B>?B;9;@=;A@9@A=15C=7<>?6?BC=C=HG2<7H8@;A>CB@9>;CD29>?A@<=75H<@CA@EJ?>B:@AEBEF<@7F@=G><:@BCD;5EBB>:DFEH=;G?=@CC6B>HA8>EF<>?AACKF=>@09B@D@;9EA=7?BA8>6B0CDC>:I>@D<@E?BH?46GC@6>??ALG@HCH@IAAAAFB>=G?HBEIG59;9>AI?9G>F;4GB>HGCHD>@5EA<;5=K>G?B7@A5DGHG7?ABGE>?;D>DDDEFJJ@GDA<=DIHBG8F9E@CIGFDDCACC@6BBK4G?BE;CFB:KD:9CCECJB;EDB5DB;G@=<@?@?D>@E<8@GN=DCAIJI6JB>AAFEJBCFD;DDIF9AA5DHKE>JBGEAB>LDAFG?A;ING??L“þÿÿrJ:LDG>IG@ECBHCEHJGLJ;HEPEBENGBFDTSJECFN;M9G@J6?EN=<:LS=PKRQ@9E?NF7GOKEDA??PKLOEERC?JFLID>KPSJPOJDKFXCUGH@FAGAPIHMVTN2BBPGRaEOKIINEA\5DDCLJ>8DH.L@IIIICB;9ETZIJCDFIHRP2JIE>FFADEB>@>7@JI/BAJ6M?HDQAI:ARK?P?IN;8?=L8?8C;<A?4BJAF>DFI9CIFA=?>ADB>>@@AFK:FG@C5IECB8B6A@H@=BB>=7@=9?FB=;56@AB<<@B60?90DACC8?CF=;EAF8GC>=?BA?B;>E74D==;B@D>4;BA=B;>FG;?@9@;E?:@CDEG?9C@7/C@>C0A>C=<@AC>@B>>=H>?>=?>82ALAIE;=73;@LB>?7:C=9I>?CB?F@=AC6?<*HHA,@;D<<=8?<4@;>@FB=:BFD>73HCJ99D@I==;CFD@6GI>>E<>G6EC?IIKDEBC8C4?C>:@DHF19:@A=JAD=C?@@AFC,>7?F?<@;CF7??B<9E>?A=?E8B:A>I?99;09G;ADA?BA<<>A;@AE>E=M;I;55EIAAB;>A4G@>:HA@E?GBCAA=ID6D9:=9;>FGECWTSOLG@?B>A?@IAD@@@A2:>@?;?;@<:=E;@IG;<7:>D<8G98=?G;D7=88A<>A<7AA><8>A7=/?5G>BGG?@=>9?>0?9B6?9=8@CFAI5:?A>??7D4;@B<>IC>?EKHB?:3?=A=9;DCE?=A=65>G744;5>CDA=?>GDG@7@ABC>@>CABH?:?@CCG4FF@A;@H=FDED=BBEIAG?7>=I6BBBB@8<6A>A4B=@@BAGH=A@BC778A0IG8>9G=AIA9<=D80AG7J=D?I?=FCF>><6?DE9A@I>ACG==FC<;Q@?0E>@F;?AIB;>LHAA79C8><=F@JEG5ADO?HLFE@CDBB@CGMFHFLHG;?AGJFIF=8FL?HDEHJD@AME;B@GK>GEL9:C:B@B=>9EJ?GIA@=@?AD:>D>IEBEBC@=A>E@OOCCH>D@1AFAAEDAAE=CA@OOdÌÿÿÿ€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µáÿîd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ѽpJMJJAJHFBQGDL?BEA@DDDO6KJEC7@JLNP@>CJGELGNGGQHIMK@LH=@LEBKHFJJEDBF>?GFKRHBKEEI=SOJSEXYBDNRJBODJG[JG8PLKN;>OQB?@IBJCDAMNJWMEH[FLHDHTIDDHLJLB?A?IINQSIEONOMPKDBCFNMIJIC=B@AA<6>DAAXCDKSEFHH>POE4KADFKO[9PNDJQLEKTJ=J742DUb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b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j@a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a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pzmjhZGU=:?3-L;ECA;EC;D<:?GH@A>B?>:@>>@@?9E@<@A<@66DE>9B93B;;HJG9=>DIH@@9@=A7?<=>>@>@>BH:BCH,?=B@IFEBBF>DK=8;A?I@CC>KD@=CDAEE5@JAILCI6?:C;B=HC?F9F?DE4GFBLEN:GD@EJ>D;JJH>DC;CGC;=CIBLCEENFJB9FBOB7E?HH>?D?EDIABA=HJBIEFFAGDFE=F8??A;D=9FG@@HCH??HFK??DA?:DEPG@@AAA=D=B@H8KCFCG>F7AHECD@I?D@DE?BDH@E??=7DDbE9KQNYNEE>JKLIMH@N@LADI>QHXNKKI?KX]XGML?@QAC7@>?B:<3?B;LGC7RPCJIBABCMNOIIENBEEKC-JFN@MGADAG>GCFICWGAGS<9F7S=GB@JcDADTY?J@MJFCJHDNIEAANO@92IGF@2U:P>QHDADRFDGOJCPL?AH9FG>F@9<=@KEB>Q4B>C@MJ?J/?O?CN>FDJLGC:>C:B?C?FE5>=AE@>=BA@;J5EO=9NA8AC??F)F:;E-=EB89=CEE>B<:5?;4@AIEAEA:@@?CHJ;??:G>=?B?CDF>?<B(>AFA4@=<>>;KCF@<7=:>H@;B=CC>B:DEB>D;<=>?ACAA::;<;;:=>:?D3BC>7E:C:D:?99A:;?2A9E=DA9DA9B=>A??=@=PC6B/4LCB?@@H<2AE=7<@69?9C2C;A;=74>:;@B8<:=G<@;C;<9EA@F>>FD<<>B:?:;B:C@@AA@@CCD?F7==:EA8==7D9C:D;776==5@ABB?=F@/@I@A1?:=BDB>==>:76?A:D<1=>IHD@79@G:B:8D@;>?A@<=@<:??:>H8=.AE34@6>@B@A4:<-4?<=?9C>7BJ7C>D;<>AB@B;AB=C7;:DEAB=DB5B@C8C@B?8A<75>6CB<<;E?<5@;9:;8;<;AD?F5B>@>:B=1<95?5+===?2ECB??9A0@B;:88:,B6G>C8AE;86=6:?BD?8B@C=@5>E9=?=??H<<1;D?+@/CF8:58<9D:7:F?8:B@@6=2A@C=;F@A9;@?FA5C:>*E:BG@E;7B@@F@9BBB>H8?=3A==B4E=A7@BCF=ACDID;?BF6D?41>43EA82B:EA?AB7B@@@GD6C>;D.B;BD>@><D<@NA>A39DDFB;B>JCFADAA@B>A?C9A?;H@J::;?9ABJQF6CB>@LC>BF=48C?4B?ACBF=1DFG@<=DEH?IIF@GCAOGDF6E?HFD?FB5KAEGADCD8@=CHAGKEAO99<=>@ADDKA=FB:C?BEEJAE?CHFF@DIID>KK=RCAG@GDCH??CC@ECDD>@HDCEEKIMMD=:A@E:EJH=CD@CEE;AMDGERE@>F?@@CF9?H?AGL?AFHE9BD@@K7CA94=F>EAH8LADHGHCD>ACEJB>?BFCC;>@2CL>SINAKFIRORA;TQD4@?HAKC:6<AKK:JC7=DI>OW<>@2MSDFDGJGA;GAOBP7GDIGKFQ?R]VP>DDZL8=ND?BDMHV\OBBU;EIR>DMJ@?M^ML=G7QO?IVKOSJ:IPHLN<=HNZLJ7J@@E:FJHIHFBMEBYFFJNQNNUL?N[\MJNQCTE?MKVRSQ@7>.D@KMS=D?BHIS?=3MH6HDNFL@HCMOHJ=K9C7JD7N?CJMD;ECHF>:AGIC?9@C;?<:J;6CHC@BH78G8N8B?ED4KJM>DA7FFBC9>>?/IC<;@AE@>F?CG@B=89F>=A:4*67D9AE?J<=:9MC9DMA3?D>9>29J>L7A0>3A;D6<>1I8@2>>7CG7B8=A6ICAE=4=E6A=H<@OK.G5E=@>HG5;5E>><47-1?,;D=C99;B>4=803CHA407<>;7:CD:N1>,A42J@B8;>@F?B=;CF>:B=A?;;>B91>>@>:/=@B>@;+<;/??;KDA?;?DE<7C76?9A?HAABD1/?L:@;.D58=@<@1K-A7G75HBP@A8D>78@4=;=>>C<:>;>B>B@?ADAB?DAG:49@A7>=>=A><*8B9@?@?B@;1CA5?C@1>3E?:4;F9A5DD==@2=@9@28<59==;?=:;8C59F<4A6/>A<@G8?ED9:?9=??::=A7H>A<8=:;==F:8>;=<8CE7<><<@CC@BH$89=B3;-:@H2?:*==E4C5>BCE;:@<64FIJ>CF:=5;-=D?AE78C8BB=BC<@AH;4=9AFCEDEC><>GFF<::;B@<8=/H8=@8?8=B?>:5*EH<;<@;@?FBE>>;BBCAFA=3=C?6D@?F>:DJB:=7=F<5>A6ICG@D:J=EDG=I=B=0?=@@EA>G4;8>=<;AFBFC@AEEAC@>6<:;CE@:>B?-6;DA=>CGBA@II=6A@C=F@CCGDJEX^q•½ËÔðØÊ£”|cMRCE,B?C4;F6BB;G9BBCD@:?7CD:<>F>D/@E==C?2D@BG@B@HACGD@G@G=.B<=@HFC=59-GC7ACC0H9;?@D=?A,9D?E>=>O?CA;A0@=3@DH=?,EEG@GBOHFBF?AGFCH@?9RIFCEC=>L8E9CD<@FCC9BCJLFE@=L;26IIKE>IIIACGCGHC>IDDEB@@;9A:DLJ;>EIAEJCJC:;MJAEFJ>EOLGBJAIGB?4DNDGA:G:FJHJB<>?CAHGGCK=CDLHBMQBG;AN7K@E1TLDOJJPFIIFO:OGPQOS<>L:F?I=DCNDQ??HMOMA8WN?KFUTVQUMKEOEHCQc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n‡¨Îûÿôò½µÏcYMDA;@><=GF=BFCJAA3B5;<-B:@5@<>9DG=B9??ACC>@?HIA=GC>8B?=>HK<:D=@>8CEBHBACH<:6F@D<H?@G@<9A?@>=/=A@9;*9?A:@CCF<@A:88=F>AFDDDL4EICBE<>DBEFC87B:=6CFEFCE=I=ID@=D>>>=AAF?7;PFEE>A;G@?AJI@>6?IID=9>EH@A9C?BCH?@7B9=<@HI1FE=;=@KISB>?GIGBHHDG=BA=DFDEEHACJKGKM9EMKA>L7BHN@BQ>GA=VCGAAJEAD@M8=G:BAHCROD@H;LK5LGDB?OLLVa?A>ME@BF@AD=DJ=HGOKPJCI;?.C>CFE@AFBCKPKLMJ5BOE=MJIAD9HDGHEGHARP`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`{ƒÊÜ÷òæÛ¶¨ž‰kN:HD>;2D<9DDG88F7BD@ABDF:FCFE9>H<@?D>DKCFICG?:6E>C=5@>A?>?3D=2B>-C<>=DB55@@A?;:E;=E<=AE@?=C;ACC89?<:8=3B?E06<:;8F?DAJC;4IAB;G?>>GCDFA?C>2DB?:ADGBD>C?2GH>MBFHBD?BAGJDCD?CGA?G@CB3@:CMCH<;G=?=GGLHJGCE=D7JKA=E9GDHBJ@E@E?5=DF?7C?>DFE@Q@4>?HEDBBB/;<<35JAGH=9IME>=B@HLBG>>AC7?B?GI9DDNFND=C@DEFE@GL>BKKGHH@D;N/>?JO<9JGGBEAB[MO@:ARF@JSINH??ICHJ?FIIJMJQE?K?ERGHDG>FCI?==><>><4BDSIAFLRAOG@J@@9>=>8KB/QI3CBKGELWMJ:;F9GH7@GEGR5@??K?EBERFT4KCHH€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h’±ÛÿãÔ ¼°ƒJ98=B<:CB==7GFH?BCDDB2AB8B3CHA8>E?D=@;<=J@>=JGKCDB@:=<=E9?J/5FHDF@G734C7;=G;@A9:><8:@F@?B=8E7G>CGJ@CDDEGLJ<@IIOK@:E?H>DJ-F=CDB@DOK?CCGEI:BG;EIPE=BHPEESDB=EFH@F>P6I8AH?HBG@>@GMICC9A=E7AB?SE?=LF@4AEDA>BADE?:@GL>AJFDM5>?E=>7:CA=9@@HABB?8?@BB,C;NKPCB=@FYP@H?LGJ:=BFEAF>EGED>>F@ND:RLIEZCMN39=EJAHHGCGAGDD=87L@GIOFWW9N@JLPQ=@:N<9CD<>CLTBKPLCOERJB>KMB3KG:92<;F@:??LQOKK?SMEILIFHUBEI1F5;RGE\HHLIB@GB/K@CHLGMBEH^PS@ARUb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m“ÞÑÿÁ°³{i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w™›˜·†lbNJG>=AGE6C@ABG=<><>F4;;8>>BBA>=?CED=AAA=@::AC8@E?>C2A?JC;BB4=B2:/;BBE4?B@:,4BFE975D@9G:D2A8?B3?B:DAB@45FC:A=EGK6FBBB?D=:DECIEF?I?DB?AE@B@D@CCLC@IIBBDE7:@:FF>BCJBAE:=?@?CNCB@LG8AHCBMCLH?EODCHGDHAGF=I@D=9DB>5A=CABFMAD@3@FD@EEJCE;C@@A<;>:DKK>I95AEBBO;F:C@J8@KH5CC@=GG>@6ACNDMC>F>XE98@0LHNLGD@IH7ODBML0PAK0MKEI=G?=HJDQIEIHBJ3KDLYTACIQAD?;>FG:DJAA,ES=BQC?GHO9AGB+BARS7DBBVBFIED>@FB39@HJ:E:MDN>8DAA?B8VGABAGB;@?8?@6=QD9@OAACF??EC9H>DE?J:8L=S86>YE3I?6566D;MD6@JBDQDL?D@B;9E>;LE?FFAGH?FE7FA?8AD?7>=?2I=J@;?@:CBD5DFG@>H4>D5?:?@G4DCHA>FF?8D,0F<@7B.>@I4.:>:@BBD;C=9;B?B=@7C?8JC+37D=7@*?B97DC;:@B632?;;5?:0C>?C3D=-6C9;<:BDDF8A<9:>E>K:CGAD?=G5C4E<8F56D3AGF78@G6F:4F@DD74>@@A0EH?H9@CA6;=2;?EE;8<=:?=>7A;E@>6/-<,A5ABDE56);@3LEBACCD:A?CD8>?#AA@D/<@72==?3C;?B=5?A4?C=:B>:9>@??E=>99A?CD:>@C3A@)>:A=8:@7F:5DA46C/.=98;A42=DB:=BFAH@6;5:>?:957;E43A<=9:?=<8A@:3@3:G7<<8=0<3B!:?BE=?=A:G2.9@/K9.6?F7=?57;)GA0<9;??3CD>HCG@44>;@B9J87@>A7;>0=8B0EG3=B<=EAHB>=@=E8597,5>=A?58=>873@8F>:;05=;@E<8B8;F>>>H@?;;E:24=<;0=<<7;4>CBCB==C=9@C;>3<9:A?/C:-?=;48=<20==C<6>C@59B7?>::B7>KH99D5C==?;=CC@D8C=HD>@CDKA:<22>9E6:<4>>F@B>@:A9@CD>>GJ<,>H:>LCC<59>53?<=FBC2=7832;9?EA@B<<97??6:B7;@::C8@=@8;A=>E8C4?=9G??>B:>C@8-::==;57B>B=F<3@@2?;E@?A4DCCOCAH;IGBEDMC@6NIDI@3PF@??<7?D7C@4AEF;9EHB2AMEADD@;5BIH?5;JDBGC>AHECEBB9BAF7IIEC:=C7:NACB?GB3M@AEE3KCLB;:FDDA:?IFEDKBINA?@??BJCE@:ED8MID=;GK7C89@LSOSLFAHHIJD?JCPFGGIIIFCH?L@ANDOQ@A8:7EB=MA8>08DQDD=D=GCI\HD<<1HHDL>9]AJF>EGFGH9RFCDLKHD6VFBJAKKDG9GHRNIEP5JMHJE8@:BJEMSIJ@;?8?=HFIJF;M2NFGJUFG>7;::18K>?>>5KBCBR=AIAJ@G6N[JT<@U`D=GC[LCD/=CJTB>/A;EHL>LNFQ@=K276B=DAHW;GEI8JF@1>:J8=DE;9A59@IG:B3K?;@D;CEE:FC@;5B:AA@B;H5<:A=D@HA9.2@N:G@1?E;@,?7G9>ADE75C1.@C>;>D@D:=@7>@=59?G@;>3A695DIAH=B9@3C>BC2<4D8:M6>?7C7@;6/I>DG6;BEB?;<;9:?3DHCD@HA@::>A=<>;9C@FJC5<<=7AG?5H@:C>9F=B<6>E;=@H@:D/+@'?@;998>C?1>7B4@:D=@9D?CC>43;E>>@.3:=C=5>??DBC32C6G/57:;?8A=6:??8KFC<88?.B2@;E>;8F@@@5G?66883E?:7B@C4C@:?>A:2*G=6=A6?:=592<64%C>85GF;D9>6<<3A@,>F7GDA>4CA7?159>6;$>>:AB4A4?0@@4B=C9>63=@A:?9D>:@.A48D9C8/BC<@7;?D::>6BB9;0GDDC>65773.9EC9D?A.5DBF>D=2=8F;E<7489A997=1B@@>E;(>C@D7?3E979;=>A76:=56CAFGC:;=@83CDEF?F>F>B<4>ED70=;1?>;=6?E5=0CB7A<@<5*=;;C,9)G;E=<@D;8>>@/CHH?>ADL\\HKO=5CB(8;BB5??/89,=6@H3GC4@E?;AD>7;C9E6>@EI@CC?::5=>96B@C;A?;D6=E9EA@J=54?>JA2;7B-KB@:F?CE.;A:FC6B>=>B<>GCHH7;CJE<.FDEB>?9DJA?GL8DB:5C@H7DAGF;8>ALF?D>:=>F@>D4=GF:J::?JGGG?AHBADKNIFHD8CF::6=A?C?@@=@EKE=BAHAC>ED;>BBJB3E?A;CC@B:A=F>@DJFFCF?JA:>E?E5D?D:E:8GA8:EC9:AB?F:FHIQEDOADBDKKDM4>EF@6B<53>O?@FHKIGDBAGEH9BQD>6FGHM1?I1@8@H0<DDR6=GSBIM=L>PEF@IJC9D6KADGIQ;NEDPNN5AOA>D65M=HBAAEI<8R=ANG@HFAEGLC>C=<<FEAF??JI>JAF<;8<=@N??>:B;:G=;EDKGKL39H=8=B897@G7?F;89-=7*D==A;C:1D2C86630DFE>9=B@CD=65?>A<@0F=A42?@>FCB@@5BCB-)B==9A?>A?A,HFC=D4@8875>.4=99>K3;2D@5:;=:F=;G@>5=F??=2:HAF?:>;=@;=?C7>C3A:CA?@?6D;?8IC?>:>;B=CCB9ANC5D>7,:@<9>>>GCA.>A@579=ECB5>;=H@=B?2E9BB6@L?@>>6A@1=>D??E?=C?<><.=D=:;68B><@;.><9C9A:3F??==;@F/8?>?E?D>><@C1A?1?:?=A<;D5BH@B>6BB;???542?=@HA?:3@=7><=A'@@FEE5AE?B<=?@<;>D8FCJC<3H>>?F3ABF?;A=;9H>=AH9>CCGI?:4,@8;@8F;<8@;6;<:@GBB0G:C9:2<3@=<+;<:<1F78;D484?EA?=@<;?8:;2B:<=;CAC>@>:C@=FDB:AJ;2<.:>:>2;@8=A6A>6<@:@A?<@3@:16C7B34>?7C;?D=B6AGD75?26@8=39=GDD6:B<:5:D:@A(FFBEA>E@<@EA>.B58DC6BBDB9E6+E2@BAB:>E=D7*5:@DLI2C,GC=C:9H3:9A=D;8?5?;AB9EF63=8>BB>3CC4B;FB<:=@GF3=8>JAADDE15;?1?C1:E?>;:=HC6H=@36;A?D83ADHG:9E=:B???9?@53<7?DDCBA078E?;<@D8BD>9B=E;<@9FAC.;@@6HC@:C?BC7>DBD998I?3>JI@@D7IEBB@G@OA?FGL>B?C=DDIMK9E>A=7B@:IEC@>DAD+BE;0<>>F@F4FG:=F=BJ3E1*L;>7BBAHAGI:<@?DECILM>=DEF:2NHIE=DHIFBEHCE;@OOJFIPBP;C@A@B9>?QB@EBC7VG@CMKU=?MAZMGFE\QHH8@GH@?CNKM?NCHAB>8ED>FD@GBCACFBDE>5P@ALPHCJL@C=B;>HGB=49IE;YGA;EMF:CG5<:>=BIMDCMIDIPFB:?8JJSEZPX=>OMCDH@BCNA>E@PCM50A=@>@>CA>JEBA&:8AET=BJA;??8@->@>IKTD?D6>5>E=?:F;F7YCA?;KE9:2:9:=O>A9?;@@BBDD5:A@EAD>F@=:?R@?A-?:AJ55???>28CB<:J769::>;E2A;9*8AB.9>;>5?3G?C=;CA@B;=@>CN52=<>49:E8E<>=;5?4=F19B?17CBE5?:533)95CCF>EA@?CC>C99C;=>BHKB8=D0@H.7>4?E>89<:4C?DJ1BC95@A4>>C8:@9=D=@?AD<>8@D86@@A@<@;?88;H>@4B?984=A=9A@;@BD?A:?B<=CH5>E:=12<=GIBB@9@-C3=A739F;1?>CD@>G=A>@BJD?8M=>=<=C?3E@BE>>HE:=2?8.5AB=DH7C@B>EC2@:?=B?A@=?B4@C?J=6EF0-EB65G?FJ?B9AA@H>;;F9=I?;799=?@?B44@?E;CB>5B@:=B5FF>;EC?9>8=5==:7=;<0C??;8=EGD6<<4@E;97:H@=@=?67BB;7=B>=ABFE9;H8<6C@==<9C4;C7>D5<<39?D?AC:>F86=@C=F2>D:?=B?5?C=::=4@9HL0F@:@3E@9;BEE<=@<55DG5G3G>9>H7B?:?,=A@A8:ED9?D?A69LIB8>:;C=<<>@8E9DG=F:AG4;C@@D;@9>59:B?@CAD>=<9B>D>>>2@A?0=?397:7==83KFB:B@=)9DH>D:?<>BB*686HE>B<19EE?7E::FDI?G?G@JG>I@/C6@=HEEO<=>><@HE?6DCJ?FDJC;?@BGH:;=F<;IA@DIG?CE?EHI@H@ELAI81CB@FDE?@@:0CCAGFEDD?CA=I@ACCKLM5CG-B8I?8:E>DJ:F=FE<88DBC95ACBA=AIED=A?=ADBBD;:CBAKD?6AKID5<=FA8837HJCEH=IA=A?EFCN;FAKM?CLFBOIFAKJBEROIINJI@B=D;AHJFE9IEJT>AF8VQ;E>KGB=75B>FDH=EAIHFABKIDHUC>M9HIDHFHMEAF8;>CE>B@CKA59<;OAFEE??EHOKQIE8JL??JQ[TIHACMO@MW2=EKRC?L>NCKBC:>>2E;=BG?4ADI@<6DB5D=?G:HEg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b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f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y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eJG2>8?9F3LL=PRGAFT=?2EKKDHPE>RJ?HABAE?IMS>5=8UJ?:YFJSF?^J?KOMENIHE?BCP;@8MELJGMCFCK;ALB0E;M`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cKC2QN>57ENBPAGLTDAQDIAGPOBA>MRMIYQ?HKP9KG@D?F>>JHBI>=<6I;4DU9HDB>DDHRA?ED>;LBEN:89QT:>CE@I3F1HCBDA6<:ESa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`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`?KGHEEL0MITL?@FHN33?NLKDDBG2H=FJJDCD5C71@=FBJKRS9CBF>PDJ>F@>INFHGg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lA?KCFA:KMLHOG?LFF[?I>BFFKEAXKB>IH8IFC:A8KLK:>DEGTXJMQPFSVDA;F?DDAFDECKULWPHG9NCOQHHSJOBODGDB?3CPDDZHS>RG:C@E>CC9N;VC[QAGFKW6b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`_QG==IILMNOM3OAD=I?=?KGMUYOQI;CC@AJIBAD4BK;AL@AEEHHA3MD5E@>,FCFMYK>BCAH@T>?B?@EGODL?@;@F@BOBBAB2A>:B:JAAE@;<7GA@=CEHCF?K;>>D>9D<2.EJAJ3<9C??65GFF90B3=@;:@5<61=E?>CCFBAF55LCG:A7=ALCA3F:,JB5ID>IE8?4B?EIHADCHF=D?>H;EBCE<=9F=BC81<1=F:ICECA1BAA>C9F@@6B@FNG@;/=BDA@F=;ME?=:=;4=<9;;:1?<=5>4;F1?@?CD<.EJ,HD<97>GDB32E>?18H96@>>6>;:C:?FBG@@C/;1??6<>EA7,5A9=6><;@>?:5>;<;@HA:4C9=7I:AD9;A7;993F=?:@;3D?B?D@<89:=?5??B69EAOD<3=,C:9DB>4C9?C>:N;=9F@?9@;>@@?D>:3E?@4;89=?D8B7C;@:E=?<688:A:8<@;EECF>AC9===@6G=GB>EID?>E?L2>D87G2EB>>H=:/A>B:B2><>:?B.::9CCBI>C6?C@?=A8B2B:F@A5DC?E9;C3>CB=0CCC>DA:D8@@?-@?;729@D?AEDG8BL;D3B@>I@?BJL:?=>;AECDHFBC.@?C;9G=K7?9E<>9EFJBFBAC?BLCC?I7?EF>AEML=G>?D@<3=FG=CA1H;>E@C7C;7CFE7JK=C=E>:AB@BD>9CE?C<:A=@9H;4AAK>7A<<6O@JD94@?6?F@=;=>C>CN;B>7566LCGC;(FGH4:D@H6559G9BE:86E>IEFGDJI>CCIBPT>EAA=@ID?8FFAEL7CBR?KDDL5B9EED?FCD@@K@MF5ABMJDD;:A9@GACD6<>9>CDDC19=>FDH=?AA<5;@A??DGDBGFFKB8?EAA,5<<1HBCD=KPKAMEJLA27EFFN=Hk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d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a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g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bQCHIJEFFFKO;WDIG9JACHPRGD`RDAFZULBQ=EDIBF77JY;FP;@MIMDIJ4ETMG?VI6F4C8@8E@7C??I;MHCD=D>B=S]NEG?G8CKY9DMAIJ8+@GICGOO:2G=Q@HGHHDF>9AB=B@0PGUJ:7RDK>CDB@=EBAK@NAGI>?ADDN??C?>+J>:<67;;E9>6BOH<7ECA8?=69>DACF<>3:>;6??>ABE@<<,CM77>EB:F?C7B=D;3B8EABBO?GDI>@==@B8C6;:79?AF?I@C>>@=5BCD:HLCCF@HEC@=9?>IMK9D@DE>C=<@EH8K;B3?B@;*7@6=<0BBB@G7?:IA@@>9BB==DC@8AAGDB?CE:@::9FAIB4<86<:B@5?@BG6=<=H@@=@>C:>2@B<==EA::>?<7G::;7=63?:B5,7:@8/5AA3/88?=03G==;:=<<;D>89>8CA@/A76>:@=>B<>:07G=;=;B:6>/>CB?B>A=C<:7@A@AC?9A76??<88<:?B:DC<6@BA<>;92DD@A;E=A=D6:B>85C1AIA@DCC+?78@B8:H>:AE8?F;6@=E>CI;7A3?;K;1A;F1D4A0;@CAE8E:GED78=B>;@D=CCHBC=AAAIBI;>GJ;=B?8B<83::>8FAE;H+?BC;3C=BBMBDBE:ACBA5B8BB:D6=A@E@-B=A*>NBBH?CLB>FCCF>@B;8DBFEF@B=GPF=6E>HC=EG<BBE;F@ADDHGDG?@;0DBBH>>CB697G:JGEKD3:LIOWG8AENK:8?AH@KPKLDK@@OA/GIIAMHJIXNDF>AJLNOQRRTGB?HEJHLIG;8CEFAP:I=TD9DF@E?DO=:A-::HC>CA8IA?7@7@EGB97KFPBDD@DA;FQIYGMDK>EC9O=NAHG@N@E;NL5LB@TKQEPUJNCLLN?6CGHCPJB9A7MFIL@RAGYCNK@Q>?HK@TQGHJCQA@ACMFGOFEBFPAWQBNG?GMFJFU<E9DDEFSCBG>18J@A:BG7FHFKI>=7>CBBB=/A@=5:>>8E>EBCI?9CB@A9AAC?S@@98;@KB=-GB@4?CAECAD8A=72:=D;<11-/B7;:2ACE5DE7>B54I=DE663CACD=L@6ECB>C==E@?>A9CK9P<46JF>AA=?4AL9=?1AAGACB;A@BE>G>B=B;0>BCIL=;E<;@0;?=A796?:?8>?CAEB>6>+E>9=AAE6DE>?I9B<7>@=A>&A>I5CCBE>1;=@;A=BD:?6BB?8B>=:=;8;?=>=;=2E:@ADA;>:?<;=:@:F@D@C>@J8D9<;E>7B<<>FF@D===<75CE<37E)6HA;:AD?B=?@@ED>@B@DBCB,<B:@3A<22AC=?EB8@BE?@3E=;A?9C>53AA@A?F=?8F*?;>C6EA>:IEC=;>A9>;D?3L?=AAEB@F=*4BF:?1<@?;D@:;@5BAD?=A0CGA:@?)?ED6?CKDGD=88<=9<8;59;@@7G<@?A4;D=BB:8@>?BG69?H@A;7D8BAB=?A=:B:5B>5,7?8A?8FDK:5@C5D4A2?BE96GCCH4>5@8?C0>AG0/F>FGF9@BE<68:D2>-G3=?DFE?>>7>;F=;A=F8A?B6=;E5@@D@=C;=6A>-E=J6B9>DBEH=C?1FLG@GI:M?HIJFD;LC@@A@K;G5F@A:ME?AFH?CE5BFOCDB3TH?K@8?CCGGEB@?EAFC@9C==BE=;F40DL>DIP==6BC:@09GHIEHECI??C:E88GBFL>=F<<>CC7<:;KEGC8ADNKCEEBK9A4DF=@:<=C?8@>ABKEFBFFOCMGJB4A?GMKJAAEH:ACJ;M=OG<7ROIGCAB7DH?@EANFAWJNM/HDLHKDNCLI:I9KeMLSEMEI?FC3DD=ATDAF@CA?VMD@@KXGLICTXGFBHNUFSFIIDHBBRCQZIFANCDJEF\J?M?,FH^JK4DDTI@I?IEFB>?CD>0;ELF?D>BHH9HGCCEML@J=L<;UNGT:H<8>LPSL@=ENRJGLODSDKJCG?HVFPJIGMFHL@>ACOL@LE=LJC>NPaIKFCKEMTDNHCE>HEEDN6=CQMC@DNC=K5LIGYCH4MNSLIFRKB>CEQFEAM?WMJQKCJZG9BD>ENFIIDH=JF@NFOEH:IB<;A=3BKM_I>@DAE?6O:;IJ@IHAEDB8@EF-FJ>@7A>F5BGFJOA=?PBDCICAA:A?:0CL<<5FAB>:BA8@@B1>@,??8i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`L=C?KNRFIKU^T7NGHDDUD@E@MJHHVBLDIEGBNFDHF>IXF;MIQP2GAGUAQ:=NE@=FJ>EREFFOKBFCHAC@HJ?E=JGDG?BDEFKHAKHEFCAFF@?AIPOT?;J@GLILEAE:@=H9GD@BABG9@HGH>;AGB>BG?AF5K>?>57I=CC?A<=EC=>?I7BC?47D5=5@BA>D9<7>G5B@>>AA@C=H,CBC;:>C=A@K:=@B9/??>AE4D@3JCNBDCoL9B:B=?7?8A/ALBI8:1>?@@BBG7?>8?>L?4ABN7DCHAD28>CP9F>@=BHD6?>.57=>CC6;BA;G?C?8;DAD9@<::CF:9BAB@@BC@F@:7D4>GC:7AB8=?8A?B?9A=::@@=6/<:7:=??+B8>D><;,??>@ABFF@?3B:=C/??545A3=>:@:?EA<<;=EIBB5698@=382@?@=@8<@;=C=6>7A@89/?A;FFA:45AA>F:AH:7C8DCG?A:/@DC>6@=?H=BA8975DEFA53>C6@E8ED+@E*F>.E1D9F>@;;ADA@C;:>CI=H4DAD=5=@>@64<;?4:<@:?<<;?A<9D6::?;DA;;11?B2:<=>F@A@5;?A:=>><@0>9>B>@?>3B4?E@@5D@>E>A?B@>H=0=1A9D:==5FB?;BF@A7?7A7;;;J?A6>?CFBD9>GD>:B6=9B5E@9;7=G>8D@EB>?=F=KD:=/>A::DA982DDAEA;>C833D87-<@;>;=/F=>@=4D6>=C69A12@0A<5:GFC7C>>7>:;==8?@@C1(CE>GA@DDG=CDDA@8FEL>98?E:NCBB7FDF@9BCMAFD@DB=:>6LA<=;=<>?AE?@BBAEC=68?GFC3>:AD@@D9AH9GD8=F?=A8.9FAD9DB>DEE?HG3;DGF>C;?G6@C@;CA0=9@GCG:7KC6G<<:=8O;?C8BAJ?NK=9@?MP=EG?CB>FEO:>FJ@L>IACBG=H5EGML?E=SBTFNK5E>6E@C;NMHAD:BJKLH5\HO^?CFAFNF:NCHJKOH:GI;@KHFDKSANKJ2?GCF;FA9LAC=D/6=F=CAECBHC>FIEBJAMGCBFMJG;DF\OMLQPS=0=GHR?FMOVEBQ?HVKTP>QGWWJOBJEJMF?KG>E8NRGL=GOZQNWJEHJ?MJG>LDM@CJQC@A?AHDGE:1ENCFAC=G?HL;HGIFKLMKC?NK?BEF@D>JMEB9GEDRMG5A@EF>=IAJB>BAC9=CEC>=B=L>?9?K-A;:BEDC@A@K@DD@+@D@>=C>?>9;K4A2>B9=C>GBC=I87=8>DIAI4FBB?=DJC?AA>6?@AA:D@C@A7GA???7B3DF@?C/>O:=CDLC8C8F:G;<88B>9BINGB,;CEC@;995@BBA?=F<;=>A@;=8?=JFA@E<@BFC>3;A?@;A=C;??9>9FFL1K8=L:=957?A@@B8B@>18?>;==G:<=L=@>J=?:;9;C=>?@:?F@E:FDB@B@B:?;I<9=@>>6@?A<=3DAB;=:8<7:76>:?=C=ED9@@D8A@D3:?806BE9F==AG?<3EA;BBC:2F3?>B6655D?84@C9=;AF0B6;>AE>C:698<==8D8A:;90>99C4:%,<.??;A<5298<98;7BA?-3A@??73B?559B;668D@:B;.4;==?:@>C8CB;;5A8AH2;B978;B;@:==@C7?879BF1C;6GBA556>D>==D@?9?B?9F;D>AE<<:B;B>E2(297:2B3E?DF?:5F7A?@H8D@C=E9;A<=E<9B>EA>>5A=4<<62G3965@=@38@>9=8A9AD@@CA8?668E25<>;E5:8=;CF:;5B>B>A@;A>G@679A;2=A4>7FF>;G7?4;>>6?= ?A:?8=??D28>B>D=:?;E28>D7?3B8A-=73@??F@D3A?D?:J=E@BB88JC:@@8D=8C>EFC?IC;=GBG88HCIJBKLG@@HG@EBE09=GG8FMUC9ID@EFEDDBCBC0F4FA;G8F8D>F:FEC6A>F@B7DEBFA=EDH?C5@;9FEBM>9<;?;G?=?C@6K>?H5?B;74AF?7:A84?DB@;ABEAL;D4HBG>>CHEGB;8=;BE9HFB9/JDIE>=D0JLJ=TAGCNKT=>OI=GM5DRCBM:D7?A:HHEPA=>=E68FH;->ACLM2>FNDH;P5BI>;GEK?DSDRK?IRLBCQIGMJ=7@E7a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`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a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k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b=ADGIA?HL_HB2FMCFSQCWL@EERc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e>ENB;KFBACBABA?FD=3DLG:EM>@J?LG?KKB@C7F5A7;>5?<>D6BBG68CAFB8>E@C:D?MAB@AF3AH:L4;J?QFFLL=@@MLE;HFCCLMIGZRMH;EPC@JKUKOWMD/JGB'?EPDIID7RCD:KE@KJ>:J;HNOM277LCPJHK;CDLK=FM@>N9/9M9@AKCQMDGC8@AIDAB1CGAGB?J;KF5D@BL<7D<7AHF.D>F6=CD;8>737>CB@>DGE?>>C:D>9EBB3GCDHBA9?B94BBG<=:<=8AD6BH6;A80?;CA<=B>LA89@2<:>EE4>:GJ?D@CNAC@:?78<6?B<0AA?GDB<=C8@E>>CE;8?BI=DD;8=8B<38=;?E7D;:9B@M-CC9@BE@A><;EEAE:DB@B>CN<@:92DE>G9BAE=?=IA97B;?9*>>903CIC9<3*@D@A@82:>B;D>?7;1=A=J>>DB<=A>8D;>ADFD,?E<<@B>@>49@AJ;=AM9E@>BAD?BD8DD?C58GBDE7?80BBE1;@ED@<8;?A<=>?6A:GC97?99=<;A8C@9@>C68@AB5AAADBA5A?:7CGF=C<1>>H5A>A9ALF>AAF@A739>9LI:D<379061=C997;@=?ADC=>I?<=@E+7/26B?:?=<91A4:9C?679?:;8;A>?445??DA7:97?=87@=A?@?45?5:6A56?DB>@<2C;A65<@=;:A?>/67=>&=4F4<(2E?HE==?A><47BK16F?:4A>J>L9=;77=7KBF?5B=O9F@DD?@BAF?ECD498<@CCDJ==EF>4BB8ACI6;GHCKIBE<9?@EEEBCJ:6BB;4@<8E>9@@@I=856D>:6.E69F<5:6;:E;E?A@?:A><@A6?F;?I35CD@>??A@=<9@=>BC7><=@B=ADD84;;6F99>7FGDBFG?6:9>KG0?A5@8?EAE3>DEBCH2C>A9;E@:CGA=B@?A<@;6GI>F?J9EBA8AD@BABMD<9BHC?G>37A?@G?DAC=G>A=FGCE:9=B<5IC4B@J>6AGD3D<5G?I=C?H:;A5F>9J3HG>EGC)AA==DI@><9>MCFEF:E?F8ICA@F5;D6>;BH>B@HHEK8:>>EBD=7;HE:H7>BC@BKDEBDK:=?CD;IDGI@D?AEFKKGNC@@@H:LD:G>DMJD9;FHB@@>:EG?>EKMN;LF?@L@B>FRHIN2WGDGPXMF;GHFP>CC91@3A5-KDBFL6AE?E8=CK48AGA4I9E?=DFDFA;@PNE:@OHIDFDDQLGE;QALWFPA6QFKTZQGOLCES?@DH:FQIACFPND8IHCJJUWZFMVHKHCL1=HOLC?PC?D8C<9=@2SBDAKFJJC:DWH?BEC;DE::<:FH=FE>8HA9F:2A4EB@PJ@G?F?NCG=;BC>B@D8CC@?CBI.C?-=;BKBA?B5=B<8<>5/0C=H?CDAB4;MHFD@=G45B?D9<@E?>8@B?DD0G=><6D@==CA>9?9G6?CA=HFA;6B>@DC==7>C4@@C?D=C4@=A@B4CE@?B>6C;6@4C<<;>>4<A.:BD6DG>>0DC<4F57;A:0B@@:;D@:LAA=H5;=>9B:50ADIF4E;B<6D@<>CG??C7@BBDECA@??F==?@J1=@>@8=:4;?ACB>B@BB?BJC@:BCB:>F=@C6=.@A9=;<;C>B@><4@C8=?CB>@D;78I;86?>B:?A(<=9:=CFE*E=9@>?=C346B986A9H;@5879=?;96D?/4FB>@@=9A>8G8/3<0B1==C==>;B4<;2C?76A8CA;-?@?:,F4?@A?D:>@;>;>@EDH@2>4;@>I7JCE9B5D;A>>6DB9C>9B5>><9G?>B,0?BCE:=E:ADBDAB<>@7>BC=8;B7@;?<3:CC=:?B0@=A@4G;5C@BJEE<=,B@E=4D@?:PIL>A@IDE8557?>68A=?7=C=:ECCG7&87C4>3HC9E;DBFC9E9:9@6@=;2IAFAA?KB;@?CC=F?>:DF?@?B8HC=:;=9ADFHB/A=JL>C@9@;BA@>CB@=<55=DDCCB@DCF>5;P5G?AG<@49<-FCAAGB.NLH@CD@F=HIJG;EAABEFEPQEI=8DIEKA9@BC@=JJ=IHH>@HLF=BGADOLKB<@@FIOJE4EIBO<;NDC;A;GDNJBA@E[GATW;HGAKGIHG:JGFNZPLOFIDLJ>Q;?JF?;>Q?T;4EJBBDDKBGALPER>IG>CEN[AQf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e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d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`QB:F9DFPPNPMFBI7NLCF?H2>C/HE:7>E<5:B=7@?=:C@H@6B<;N?M>=EDHE;@N=I8DQJE>PECAA\HUJDM7C7BNBLHPALCEXGTOB<@B=2EA@@8EF;QMCMVEJAEEOKKPcGHE?6ZOKDDGTMCKI>@@A<9@B8;?=K8?@><=EC74DDDCE@GFDBDCFAKEBG0@B:6697CAEFH;8F?G:DIF6:JC@?948@A:NF00M8G=H>D2A@?EA@8M??@ICBDEABF=+;C0@1M>6A8CC@>>>FB@?ECOBEL?=?DGGC@3A<4?A>@@D7B<8?)<>5?,;AGC58=I;G@:KC<8<:@?8C417>,C7?=CB6BC@8;;@>A6D9D<0A?G/CGC=1?9<9;A9H=<48:F@96:>B6CAGB77;;=2C6B0=A4CDC?=BBD9G9=;D@:=1CE5C=?CA>2B?58@:97A02??<:F=C4<<@8@3;ADCAFB00@;A9@==A55>A?A9G@G=@=7B@:<=;(;D7981D>AB8=5A);?;A7;BC:A46;4?C:7;=DAAEQ?6:;CA4@6C7?I@DA@9A=DDCA<9?AEE?.C@9A=8A:FE>:<;A>7<>3;9K6HB:83G@=:>?8=7@KA=91BA9>A2946?:>CA4?B<9<=B<903G*5BB09>B?896H/>9=FE2@D8AA8:D>B:DF4;J>=>:@<8C?>@@:5:;BE>@DC>EC>=>;@GDAC=1?D@=B:@7C<9?D>7JKI=@@D=?EC6DD=6@:D?AFD>@:B:C:D>B?B?;C=;JEH?9@@;FC9A/>F=;9K:;?<<=A9AF@?AEDE@B>;I>F5;?8?JD<>?A9EA?@BAG5HA@=;6C;G8=@HD@:8=A>D>?5BA2;B<9;=@J?:F?D<8@3@D7:;5?<>:LIE=BCC6FFJFBBIF/KDIEDHCG6;4BDDFB@9@H7AIGH>LFA;@;FFDIPDC6UZLEARPJ]GGID7MIGDNHDAVO3MIO]FIJEQKMBJPKKF.;ENCE@RJIRJEMKGF@BEC:@B7MNFBA?@A3D42?<;E8=?3CGA<5E?I=@8CDJGCNR>>6G<@IEU;JHNCIRI=G@NORUNCBJJDOHIQ5EAPFLI?J:DDN@W@;LGQFRVPANOK6YCNCDJDEDL?>EGE?=L@8_NSFc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b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wJ=JeZGSRKM;ZIC?DFNISQIJLQRCNKAIDBCK=ESRO8GFUPHKJ=;I@QJI=DAQBWEDPDODD9QTMGIBOVMGNDGLN=>RO@?GBAACCO][PKGOIXSGDC9>>N>D7:05,DPO;JI=@=Q6SJ??EF?NUQEMI8;HKEA;OCJE>AFOL:JDRH7FHFOBDCQ@EIIJu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j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`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i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`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c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±–š‰rS:BGM6FGH@5FHE7>C@CBHDDEJ>E;SF=;EB7>6AHKH2:4CC?DJG7?5JD8?IA:E:6ABK?7:>7ELHOGN=:DAM@<=3L=FF@G@MDKGAD?GI?EH@GL:GMGPNI=DM>B;M=RCHL=5E@Qa?W[DY9CQEB=1?BOHEH9G?DJ>N6FB*KE>C>AFIFMMBJO9JKC?KJFK>=ONCLPVJ??KD>G6BBM:F@Jz^CHYH>M<4@DWFD98MEGLKOG:G@F>AJFH8;LNQTHBMIQ_B?CNG;BYRPKHK>>C<@I/;LFQS/KDDB4KUKKb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Œ´ƒ^XVDA9G?@9G?=:Q8;B=>C;B@P<8CA;CI?F>;>7CMAA=C>CDJ??=>FCFA<@BA4AAFB>ED=7<*F>DE@;>EBEPAKA-:A@+A7EU<@ACG/4DBCJ>EFJCGJFH?BJOH@H<@?GADFBAI8AHNC@ALI=B:HF>GCCHJOM9>C=HIC@AGR8G4MGC=KLDBJAC>ICDUTI\`KEVM?=RBOCDOEk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ljgh^j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lyÀÿÿÿ¢o`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nÞÿÿÿÿÿ§`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`g£ÿÿÿÿÿÿÿ†Y^JQE9HHHK8JE;GIDDG9PD?;C3JKJRCJQFDMBC8?DP?=LB8FGFCJRCNCEDGFU@GQJ<=ME=EPXFHCCIAFC3>JHGCO[@@S=NDFDG@9KHJQFBBMLEA@B1BHDIBPB:DPDB<>C89A@??@C:7>A6H'>?5CBK@FBKHG;G56:?A8CJJ@BI=I69D>>8A1@5?E5>>>,=?IE>:FB=B4CB@>B=?;H?=K56?6F?608;=BE<@FCA<898?HG<@?@=@6CO=B:?5FBD07E@=>>@;85AA=>=-B@I:B1A?@B3>F;E=@2@HI?K7<97?0?0@A>?B@C<>@G5JB?A=9>=@<.19<B>=4K>@>C:;GCB@@FFD=C=>D=DE?+?5CD>E;CJ=CBC3A;B@GB>BBG>EBB3;>DG>?ABCBKKBF6:=>8<5D@DA>D+>DCFDDAF92@KF6F@:;.9CBAF7?:3D/>FEE0A>C4:6G9CH=@>@I;BA95>91D8537E8BB=?7:.=1F?8FD:2-?=;>7E6EAD?D:?@?6D9:9B?8=AC7EG:B@?F:;@=>=EA>A:>@9+2>?6'A5@'8<0?B?EA>9;E=BE?AB>8F2DAJ<;G?C2I=FBB?ID3>;?FA>>A?=39?=D=/4F996CHB==;?>BB?<1?AD?6BC;4M98E:B>A9:D@J:/989A@D=L8>D<<=?DB:B8DF3=3DB@AAHFA?HCC8D?=A=?J>76HFAD;C@AFBDJAG=>>=E7BG@7D:7DC>?@@18;JEE=C?BEAACH@AH@GABNDKKFFJHO4J9K:5FBQ@=NB=NAMJ@II?MKOFMIEKLB=JV6JOQEMNGUDBPGDCAELA@;M;B?LOAKHAH?@=BXILIOCTQAL?LHYNBIAGCKDJCIUJWNCMETIF>KZJ:HVOT\MKKEKPZCMKLCDIRPEDGCRRDDMXCNJHADKHFCD>:<=HJO86G/5DDQNRGMGFEAB;AK>NGFJGOEF>4CJ<>G?I;>BGBF;BACKAB@DFGBDCDGK7>DC;M?2DBE@::6>;AC>BAA=8@CD@3C@8>>=NCBCC??G=A284>?>D54>6F+@-=86C>6@6G8B=?92?>A1@9E8A359H=9CBC;E*G>EEJ6>;:AAJ8:E;D>@>B77I@?D4F8;9HG@@8D-:4;D<=GBAC19%0A<A:95A@C2;T7BE>F@1@@:<<>C>?-@@<<-?@<>B9;2E>>?2E;C=FIEB;C=28=9;.;>6>A:C@?HHB=7><@B;1?8E57>GKDJ;9D;RD@AHE6?>87I1@GCC@@FF:A;6EC=4>A=-9G@69H=>EEBC?9==:58=0>?=@;>?9:BDD8A9B2>@;5G7<9>@<=<@CAA89E7G9;=6>?D>F?57>C3C:F18:>=D5C83B;?2>:;26===BF880?3@->?788-G>>=>882@3/F>;:>>4>EAH>8C>B@BAC8AE=9:?DE<,=9>;A:A78E?H1;D>@?=1@<3LA>F??GFB@D?4EDCC8C:=>.@;5?9>1???8;BC/;DBB9?9AH<>64B6D;63B;0FG2AL@5AGA?DBCACG?B>IK=5>6B=@>FED@94ED6?=F1>I9K:I/K9G:DA<5>7>66C@:8:CD:EB=@@;:GDAJ8FBA=F@8BJB?B@KIJI2@SJNE7GAFB<>G?4DE9N@KB]6@FH;AKQLNFHPI@CORVYb°ÿÿÿÿÿÿÿšfSTHKUNP8HA@D@BGMGKXWTMEJDRJNL;BLMa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c|ÿÿÿÿÿÿþ^`MPI>MGBIEF_PEX>LDII5BAEBQE?DPUHJHMCKG@>BA@a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`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bdµàщkaJYAJLVKMXR9F?DHEJB=II>8:=GKL>FFDAEDHJA<;I8:WJCK;6FAH>?LLFEHWKMBL=SNKK:JKFMRSFTNHFDCOEOEJ:B@L>CDNMBNKNDD@>ENJ:DHDEC;LIC,D@LNA6>DAKM;DG9FL;BBBHAOQB>BBC4@:@@=FIAKK3CK>@DE;EBP8=LDDBAGC8@:/8?7AEBSAFKBO@;JIA@D;EI@O;D;EAH=<@KMB06C<:H=F26M@DB;CA8D<;/@?9=7<>?=;>>;C9G3CDKBIO9@)B:G@1J:9DD8:?OF=E=KADD+>FF7;D>5E<:I93AE=B=@/;?;DC@=@?1FE>=6@E)C07JCI,>A@F?A<3FD4>9@B6A;:6C=>8H<@K4;;
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`cf_f[QPURDABLHOO2ACFLCLAE>EOPDWMDKABNJPIAL>3?IJPNQJgDCFHOAHAA>S?SGCD?JLG>M=HLKM;;6NEPIUTD>BJ@GGM:@JIDOALEBHI>D:N5;IE0JI=EHFK\PHGA@HFCU?KYJ_=J=DEJHLPO=71EDFPDIMMAPG9IJAC<87JLVC>HFNADKDEGHOD5G>F>CEFI>AELA@A?B?@D:A@MB@@@@ECEHNHEFGCDCJA=:?9>6C@H>F7A;EC>=BI@A;?;7AG=D>:>0<A<>F50C>@=8@9BH=@>02GI<3D7F6A5DAC>8CADEF.DH?:AB8@2<4L-9>C@DGA>A:=?@>BP9C>DBK;E<@>4C@?@;AC@4<@F?;7C2>>6@7>8@CE2@>G8DI:G7F2C=D><3EA<:B@=9;AE6B?NC;;3;7BCAA>2@9D?B>BAB7DE-==>@:F>4@>F3B:?DBD<@DA68=F9=?DG4CB9C?B?G6G*D=@83?D?6=3GGA6C@3<@?FA@>/B<@FB=->29>2HA@>>@E?8@5DHC=EC;>CDA>>@I?B6:B5<>1B7<>=@7AC?8?6?C=5?9B>?9A@:66;?A1JDBB@:C@90?=0@@0?D6@B:B9:?=B7;AC?0248?<=C=6=A7AAFA>A8<>9@DEHA>>=>?A?:B8/:/;>CBBC?AAG?D?:DAD<:BD8177C@4H5F?@FC:=A9@90@;J4A=;@=6?;?3FF:EBIED98A@IAA;:;:@F>JA>AA;A-?3@@><=CCF>=@;><9C@99!8@CGH>9?BAED?D?4B?@BC-A<847;;?=?7FDBFI71C@=DB@3AIEAA;;@7??D)=BC=<@>:LAE<83>D@;E8FHE?ABAH?CCF>=KBBFL@/:E4<:CBN=39369LMA@6>EEG6;87?A<;?G9C>;H4D=J8HEI?>9@>C8AELG4AFLB8@E;JD@C0A?E<:H;EHILBMI>NGHA;5C:46BE0<@,HFADC=?@SJFB<=BC>:DKLKEK=BLO?F=ICONDFK?VSFEONW[OXTO_RNDAH>J>CJHKKI7RJ@6DAGBMVJCEH@TBSQH@LCIFGGCTCHWTVAMJVCII8JAFZCIEHA9::FSEBBQMHQLCMT>9MAA@=SJPEGG@>EMAHCADIANKGCJJGENGEF;D1A7UFACCWFG:6H6NO@FCCI>7GF:IEHG;G?YI@JMIIN=GJ=EE=KHGIG>FAIE7AEG:B?>CEHDRRCOLIC<0A9?OBG=POEG@=BJFG@HDZ2CG3A@ODF?FFEKA;JFDG@:8>CIA=CBNK@<@BDA:A;2>B;CC@@;D2@=>B?A658?4<=?J>@A?@AJ9<@=ELA78=>:J?G==):G@6@LG8=?FH:AFLHANE<>A,>69?AGA<64BCDGH==<6>0F?49=R?B.==9=B;@D=A?@5>ECDCAB>3@>:H6=HC:;>'>???K;9C3;DJICB;2HFH?:M=D;A5<@49@5AJED?2HSBJ-=<7?AD>HE=>@:=?C@?EM6=@@F<=D0<8NDA8J:AH5DF?D9?@39C8G9KA,5C;<7J8:?L1@;?@A5C4>@<><59>G=7:A:=HCAE?9G-C96L==>5>G?7::5C;:C?8=?@2A+70CB@A@A@D;99A@@C9?9D;=9=;AHJ=J>65C;?<66F?2B?<.@@?9;<@>@?LB:CC@>3@>B?3:3C06;;?@C3?7EIA3@>CA@1A8C@C;?B678+@DDKB=F;DB1@=>@@G:<843C:=:.=09/?::B==@;;69=FE558=EC8F?2?<@@;ABC:?E:9?==?+;;F6>?39@A3650><9G@<8>GJ94>2:?E?;CC?+9;>4A81;AG>:7DE<991;59@?4;:4@09D@A:7;@8BC@8/:9==J=E?CCC>B89@47>AG9BA>;<6I6;;?8GC2<@HC;H8C4A@?:D=C<1:JD:??=BO>>?@BC/>9==ECA>HF@E1B?:;;AALHAC5;=B8FA8>E@DC<:EC0CCE5H@1?C6>FG4C>3?>H>F@>8?5=@+B?;>;F57JH-9C786B@B64EN?G>E=B:CDDEFG@>E@>@@GFAEF?C;B@B;>@>;B@>8H:;@DAE<;9K8DDJCE9EFD5B@E>C>*CABA=7DG;68@6A;G9IBFDI@FMHOAKE:BL;94CFFIC9A@L7G=QOG=GTHJCGC\E6:?NE\HHG>NPG3JKDHG>L4AAL>,=DBWLHBLQKIGAPE<:FF@?9LCDKCMB?6@=IICRCJLK@?SL@:K?LJBV:A?@GGF7A?NB@4DKUK`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a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a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h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`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`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f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`EGAH8=^TO=GH@4ND@@Q=IFO@DB@4;ADKPC=>;EBDAO8F6ELG=0FMWAAC@8Sa9G>/=LC6G@JG;CH=D08<6K9F5I;?BJ8:@K@LEHE=BHA@>A=LICOQ?@4HEA:K4<>B>@?B.DH><@>KK:LA5F@ID6KEC>?=HBB>?DB<=3A2@Q@AD@A34D<7B?CB;GDA:>>>@8?;:;6>8F?I=B??:?C?;B=;0@87D@==E=:F:L@E;@?EA==D1BHKEJD7FF1>>FB2-?6><=:<56<=G:9BA=1BL=81FOBBDJ@<@J;=@?:,HG6=B5;9:@CA@D?@?B;DE4=G=FE8:4?5<<9F:>;9B5?I3<?;@1@G-:B8;3?F?9?6A5A?9:ADA::2?6;89>CE9:B>@@@C;>8BCAAAB9:GBB9;75=;>DE1C=0H<:8=@5;:<@<=1CD5C*D89LE:/;B>:D1@;=C88FF-FA;C<7>EA==8==C?B<>C>>>>@:8.B72=9C5??B.7?G>4;1@9::7=D@F;<6@D>?CB;@;;:=B=B;9=:F5=<>@=5C:@F?<3:<=CE9A;=A4=;9A6@GCA<6@?B69CC@JAC8;D9<=?0@5E;3@<>:B8?=8G@;3;F=C?FB7@;B:>@/E=H7<@@HJ3@B>>=1@?27;AC1E*;7=A?CFFK?<@F;C?;>ADCA:@BB?@3;C:B@A:3=AEAJF9CF?G8B@8=:2B8;?FC>C:==4D=EFAI5B7>>C.=>>?=DJ??@:?I?F:6?B=>@4:C=DH;?D;C?>;@93EAH>I=DG*H98>91@5L?>84CB??AC9=F6>=F9@GFC:F;::-<6BA8LKD?;=I<9=HBCK@<@BA:HD;>E@FMC47/K=AKC?C@AD=?-P89@C@9AFE?2>BC;:?@?997;@9H:CF>KB=DE>EA;1F5:FB=9B4FEGG@I5EAC@H<=A:CAEFM>8F2ERBK52GA=P=6ELADJ;L4=JOECD=6AKCCIJCJD5GBJL94@E?;F?D?>7@AGM?FVH6JF3MOH8BIDIO?VABCC`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`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hOBPGDJCZ:F>ILDSGDFGBCHDABF9Cj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aAGNO?6MKC>FOEUHDIIOKHRDMLLIFIVJN;TEMV5HH>MKI8NIBD7AAAHIOGD=E9@J<=O7INH;G;CH95ACH@?K>@:C;CA?@>GC?IF&NRAC@C>B;3B?7AHFF>>8CB=C7X0;>DHGCB?LD?=A>C6:G=>?=BBJK:C;F=D=@;>2F9B:AEHBF>@=B@BD?6?68EA?L6;@DEBEGC90DL?==GD=<=BAC?E;GB>=&>:AC9<6?<5<>@B?@<==F/C?=E9AB==43A6F>8>?C>AFFG>9C?A;?/?AB6>?E9=<@BLDA@7@AJ:8=B@E39827?:CE?B7F9IQ7@/<065=@>AF>6>:7CE<:?5?@803>@A09@IBA?A:>E15@FFCE?DC?AG4>?@+=GB>A?K=?:GB7?>9@AG>61BA7@0:<7@A:@B=?C>CF@=BGB9D1C:C;A7B?<8:7H@BHC;ED;22CA6<90G=CCD@?EFH9?@CH@A9<;<@FD=;>H?A=6907@A@:9B:C=??A0=C@7=?G;A==??2:H;AA@I4@B-DADC.67B:B>AC@D;<6:F;::?5D8@<;9?AB78LB3D7<:(9<@>C56??>1.=:BC?>?BBE@><-3=>>JA=9>509??99@>CCD?AACA=9?E4:<;=<>:@5D954>;HC/=?EC;9EC==>;B<<>6AE+8;AAA=C=6H>H>49A@9A?7B/G><5:;D><4CB/>/GC3@>?4=F<>3<1C?>JC>@?AA1=6@AC6A<;7=;>9.AH13A8ACF>@8IBCACDC08=D>D=?66=2B8I8>>?<>FC>;>F,>C@B<@@>J<;=:F8=8DC5@>D??=;MMCEDE?>:>GQR@5?IB8;IHD7NC;D:G@H9HCCC8HE?(CJ2C6AAAE@8:9D>7=-@<@E@BHDB>CB=AD<5IB=:I43=M?C<;JF7>AGA>>ACEA9>D76E?P5BC7A9?4=J==;D?BA:E>JG75E@DCBHMJK7M9>D@?:B>BAR7@-FDG1D>BH9KOS=AIRBIGEQ2AICACLOJEZZ;@?F?F8BSSV>@B@JEB=MCD9LTGHD8CIF=JENHOLKDIFTTG:C>E)BMIJFRMGFGM(I:DHRHJGPBFA4HLDK>=GLQICD[QB?;O\C:LCKK?CH>DKF;PVQBBC;HEETIFN?RJEHE@E38HDFRDJ@=?B?KLJ@ACHH8CF@ACIE>BAC;AI=KMAO=CC>DAC>MC7;BAE@D?A>SDDI>?2B;4=9=BB4FBD4/C8BF<9>DFACH>(47=5=46EF>=>9GD>>99?6I@>@9@9<9A5A4>EKC@=:)B>84A1;:G<9@=F9A?EL;6A=>95C08EF2F>DEL.5@G.?@?>@@B@;2->BH;>EFA?==>F>DB=B>@;78HCMB0>:I7;?5LFCG/=?-B@525ALB;B6=7A<=9-:G;>A@A?;G?A7=??AB2@?5?AA09;=A=0A79AAEE?7?.C5@<=58@@C=K+C=477<45;C8<>6?>E;BA0F>@@9=>?>7F7;B@A;A0>@D2=78:=:<<<:9F5BC;4?D462?CA6?C<,:@?7F?;AB2>;6>GB<<97>-/AAABC<1C=>62=><9>86-2@-A:8@C7:@89G??@=@7?DADA8I<6>4A7;:;H;;;;>87A5A<.>;?<9;/;7<:A?<8@;><5A5B7=B>G;GB@D<=87AC1=D9=;A:>;7A<9B>(6BCB?F>A=E?B;8AA8C?=B?9*HD6F;=1@;A;2=A7A?:<14>?4828CE88?F?8>=B?9K;:BA2GABK?96:?A?G;3G==@9?E>DC@;:E<98:AB5<7>6;;48<8C5AB=8B7B<9;>>9F=C7>A@;CC;:69;AKK467447?LAIB<:?78BD>2@B8HFBFCD=H9:E;;6A>@:6AB=A?3A4>S;G=7I=D>D3=4G?8B1EB7FG;D@D5664A5DAF:@?DDEJ=D@DJB@A1FGFGG8C@F1=H@@<7:G9GD?AF>>NE=HEE9?0CBC=BED7>9=8C7@GFDE=?D4GA:BJGS<:A@6?>C6=A>@?H@BA?>94A6I?4B7K?@=B@>?89BFF=?;=LRC?H489@CAKJ8DOGABKG>D8JC@0AI>AHCECJBABFFF>AA9=A6?HI7@GIHBHFHB?BHECBC1J=2GIFRBEE;@NIDFE<4?HFAJKBLEI8@MDDJANDDIHEQ*GGQJECD>HFCC5;@A@DHEEKBLF6GX>?YLRKTNLCB=JCHKASAO(D?G>>IN@>EILUC;CG\HI?OFDDARH>>AQE@FYI;=OE\JO18KGQJDKPMCC7C>@@FKIJMKKH:7QD[EWH<3:EJLMQFEEF@IFFGBD>DDJKII>KALJ?IS>AIO=-EKK<BD;1=1CGC@=BGBJK>H8?2GIC?FDBSDD8LB@=B@>HDH8M9B@E=JJAB?<9=B8DE?E>=B1DFA9JA;ACA7L>9B:ECA@8;J>=:6FIG*?GB:7;G>EA=KG>B8CBID<0BB69=E;HB<269@F@C455?R:B@C9E=@2G81>;B>D<@1>E:;AEA67@@;-;A@BF8G8KGF=A.@D=E;F@0A@@3?=>@<=>@?AE32H@B53DD4F=B@D;CBG?3D@A;E6?CGC=@A>J=59>A@4>H/F8C(C@F6A>;4=<<@AEEI>B>;A-;3I=C:FF?@5=C;BDII@7>><:G0D244=7K2AB/I8D@8DC)7B@;9<<><;;=EID<08@BDD5?B64>@F>:=:J=@:A=90?79:4A:9D;78>E9:3:;8B=B>A?94?E@?@=<3H<70C3A9*@AC5;4./@?6@1=HA5DF?:>C?4?8@F5@<1<@=A=9A?5@?8?;=@H6;?BCBB??>?AA8:@6;??;A;9-B;6;<@C=4>>.:I3D4-3@B77.88=>8CBAF;>>AADE/A@BC@CG>C<:58?;=:=F:BA7==5:;<>@AF77JB9=8B>@J60<====@<6B9@5F@A*B@???A<7>6H?<1CC@A?>3G@A;6?97@?H=;<=?4D>15=E:;CG@>:HE@9:1A=D<7D<=6@?>D??:1C85>B68LAB@;>F?GF;9D@C:?5BBF>5B@2BC>4=>=7=;FEEDC*=<2:=AAF>,DEA<@F2BA;=A>B?0DA?@@@=>AJ>?@AC9=1BC<<:@BAHBIEAIEADG?D@AC>ECC@AE>7C?==3C7>G9JHGI6?;=>CHBE>B>AGHBFFAICFFEB:G88AJ>CAAGDBDD?:;BACD8B>G@?D:AD=?GBK;AR?D?>PB@=;=?<=<@F?G;6A=?BBB<3=C3CDCFCH??D=>DFIE;77CG@6CH?AK;:D@E?407PJ9>@IC:LJ4AFI>CB@CK<@MCFDDF@6A@=9J?PHHGDF@NK=>A@6QNQGHGC;?E@?>ECD>NLEMGK@NKXCNCGLUL[IJKMUJ^KBKONNMG=6EP>AHIE9KDVCLG@CM@MG@GF?CXRDARL9FONYJBPBKJMC@KMFAEIOEKK=PBMRMTEHIKM=YQ=BCA14<;><<5MKHFAK7?9B:H=PFL>-GOIBFMT?GKEBLCIFH=DHEJF6I@I=5:GHC?2@I=C+47F9?:A2@G;H>=?OCII?E5F0A5?>GB?F;7F??>E7I::<=GA?I=E8DH3==?CBC86@D?8AE3=:M<<@>?M4BBD<@8:B@=F;@=4;A<@7A7-BD@@@CAEBAG9EBHDC@D;59*C=DBB97D1ADA3?EBACDEB>/:==:DB=C:>CA7<<2GCD<:A>2?1G@7<<;;B:C=?ADL1D=8CABD>>-C76@A;>DA:>E@7GE9C=;>?HA<;A=?=F+>6BFF:BA=>6@<:@A>658B7>B+DEA@<:768<9C><89F<@2>8;?D48@9;@@8-?:@;97?==A:266E@?/=D?==@=;;77CDA?7=:@@@D798CH?>J59>CF:>9>;;:>@BC68A-BC7C45>19AD>9E9A<@K->;N?8:99B3=A15H5@@@BA8KA@?;;I9;0A9<;4BAC7AF,:5:?,;A<67H3;<4?67>@;A@>7BEF=B0@&<9G@9A2@B9<4=65>355A.+@;:>9?>C<8:=LCB;/EA<61:1@F<54;>9A@BBGD/7>=>;0D>A;7.<;D>G=@B8AG?HFA>F6@A;;B66/C;?B9>ED9@GC@H=1:1E9@:AH>A=A7B?>CAED9:;9D:@EED?D;BG?=>DB9=?DI9>BC:F:>C=?4?4@BBDDH@D9B@5@3/?CD?>A@;ABDB9:BA7?AGM@AB??;>BAFG?F<@F.:7;D4FDAA84<63*A;BA<5A:GC>C=6?===@=FEEA;7:7H8H49@90>I:149BC7FBABCC>CACCD?@@?@@F=A?EFGC<6G=?7*ACADICF@BBAGFED0==AGCC@EE?AEGBGA7KH=FDHPCG;CD==H>E5=LC>AI7?D/>H?GG:@AC9A>C?DCMCCH@MJ==?FKEBHFQDENEJNO=8LFIDBFGSKHNB>LDMOKFMRJCP<=FMJT9BKGXBWLD:=C4ASBZDFJ6DIAY<@]NDJ>BHJ31M=EMEEDEGJWMC7LOADBEFNPICJ??@CU7LOKGCP6@PGO9FLC:9=EC5GGD;>LJCEDBFD?G)AMP6QGP1IGFDSGHB?C;EDAMD>55=HGB?@OJ9H?I:E;DC>@O::K3GB:;EB3<9<@HD955>BB;BG=CDAC@GF=7=>GB:ME8;>?BE9D?D5FJH??>>D=%1GDHA>>@?RDAA85F1@D<=<>?A96NJ:@I>43>=F3@GBD,J@86HA1HA6=)>;:=:AA0;@G/;@FB>;?BBA2?;=/<7@@A>;C3=<;?.;==C><@EBCH5F@9=E2;>@8>ABG>C?1@C;6>>:3P@:@=>3?BE@@5H<;F6@H>@???:E:8AD@6G@F?6;42;D?D@A8F1>7E;5AAE?;4?<;7B99=A2??/AK>CC3G=>E68AA?74>@A76@>*>?:@B@<>?B7H;5<5=E=5=@=$75>:FB>0>?B?A:DC?>8?9:>BF<>8??=CAC==3C?B8;>?>9A8EA;;:=6;E?8:B;;:3:DE62=3<=>G5>:B@7=9;;;6=C<>=C22699)?3>@E9@HB?;@K;7>D:2A=>>G?C;9<@@A;C99>>J.9;F88@DC-?:8:8<>8@H2@=<=9CD@C63<8J7F>7=6?8=DBCBB9?E%AE86B=:FAACAD<CDEA>?@.CB71JA9>D6BCB>;<:4FAF=;>D>DBADI6A=>IAIE>7EEABA>D7;C@HFHCK@6><B?DL@DE3DE;>DFJ75FEFFF;9B<:=HC?DA@C888A2J0AA3ACB>:ELAA4MDADAEFC>;CBCG=H>E6AA5IL?CFBNC8:I9<<*H:D@@=A:=83ECBB>CO=CC>D>HAAE=EDBHB=@78?CD=BFF@JFCM:B?@CGC@CB:OFBH=JBNMFO:CGHH>>NAMACIBSJ8HEHEI>A?FHP:GUFWRD@NIC>HGLJKFN>CDGMGGJAFACJDR>DYOQAKCIDQFFAAHF=1BB?D4>EFG;ACE<>?>A=LDD@AJKDKT?HABJISOBJJAIJ\HGPG=CLGHHGOKDMID@GQBFDJCNFLKAAPOBFFY`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aNOG@MLAAM@F=GUKDHAX>BNKO7KJDJC>DC3IECFFL:6=?FBHEHD@@NUB>DEMO/HKFEHe=OGZFMFG/LLKMRFG=LKXKPGKKFE.9BD=9J8GCJBGB>3=;=;BBC@GLB@M?@@AK:QF?GLA@L=8C:C@>26IA=;81H@/S>A=D3?.9D@@A=?:>FCD@96:>?EAI9@FC??7@=5?9LBC?D8>A>9MAIBC4BA:>G=@FIA;B95G5394=@EH;EC?A5HC;G@;B?4:@D<@CC?C/A2MBD>JD<45@?IIA@@A8H?BE9FBA<2=<@7:EH@><=E9C:@K>?A@8?<1=>?@97<@=DAE>BBAE4=6HC<0/BB>A><><>5;5?A>867=?6-<9N0=?G<89F?DDDA<=A;D5?CB89AB6.1FIB9:B@D<:B6@@=@H>@>I7@;4.4;B5==B@E:;<@20B9C5A<9A7>=ECHFHCH?<=A0C6BF6A?<:GCAA8;=A>G:MD7B@>@7@CGC?E==0?C=3E>9B;?>AF9E;6/:5G>7@CB=H?E9?::@E77?8@F5=5<9JCGB97?@8A;@@?=B>;<>A0;8<;?=D3=64B@CCDA;;B@7;A@AD9;9?=EB?A;9A;7=8B8C51?2;>DEFIB1A5@98=B7F@E=2A@:FCC969A7<*C>IBBF>=FB8GA<@B1F@AE?>:>@:@D>F6B@D5C<?GF5D=D?CA>AAAE;IBB;?;;AC=:@CDGE?;C:C>>75BBE0=C>97CG?B?:9=BA>@AA7@D<6A8E:GE0BFCG9A8@FFK@@>BF?F94GA@8*H>A==DJ=;C;>IAE?@BABCBDHB@GCF<>D8;>8DH7>4@HCACIG8D@D>;9C=7L3FI@GE3?ED=8AFG>EC>@KCN?:68H:LMFGEDEIBC>HFB>8DMAD=GDE8MH8BLIJE=F2B4N?5;>1DG/?H?>;:AB8>D@E>BB;@PGA::?DCDDED9CIMHCICEICD8=F=>B;IFCABIAHW?<=@DDN>GCJABHHLE@C?TDJH<>=FABGBEC7K@JIKJNNHLNT1AFRW@MAAPBSFK\DNMWMLME==G=K=6BELIIJ>ONEPC?@E@HGFSDFINBGJ:EPNHHEKLLFHPVKEMGNI>MHNMMI.ILLIK?IBI]QCFLV9JTOU;J9;BBHHGCLC=IL;JC&JGLAQAMNEVA=?HMRMHGDD9SDIAL@JE?5HD<3>>4D+C?DE?A:CBAA8EED6HAB::B4:GGB1;8=,CADGNGAF7A:A8A@F?<><:?D;A4K>AP.O;4:1<<$:9AD4@A:A:AHA;>7AD;E09>>88PBEBD@=5D-=AF2=I@;.CE3?<;GA84J?G=>B>;.M:C?F86AC68D<7C=2:GCC6D5B9B@BG@G?>47B?96<1:9:@16C7=BB@FAA5FE96?D5F(2,=.DCC>51@GG4.BE/5F5@EE<7:EA7;898FH"?8=@F@KCD0BBAA9D?A?CEC@:9CC?HIG?DCD8CJ;=@EC@BEF>EJ;E>ACC?DCFL;F8;=C=:C<7@?;;6;B;?;<93E;>7?8A:9:=BDA@AD88B=AAF7C<@G09@==B9=:=@;BDD=77=4;?;F>=C@@8E3;FF<7@AD-8:<;CA9CE;9>:A5>:>AA<,>?4E6HBA@D2<9@B8@D:A;?GA;>AD>>?AD7=7BE@=DD:C6?;1@A3>::@7?A?D;>>;??>H5D0?:ICEAADDC/>K=D@1?I>J/@=9M:==6=G?.CCH=A>B<@@>9@L:EEIA?F;DL>DGADJ;=G:?BAC<==D@:78@?==?CFEBBG@B?;G?FC.BE:?FNEE>/4B=A7:8E8;D4DCHBF3B9BAC/F>8@=>F2EB5B9EFAE@>@>?@BB/>@E5;D@>=>:;>7DG*@GD?>K:=;9:HE<@8?9=BM.8AGJAMGB??@?=9@@FDHBCCCFJHEC=GAHC@A9F:6A9FB?CJN:B?=@DB;EGLBK@ADIC@BD;CNFGHBKC?D?H:F?;>@KF1G9??DEEN5>FC;>3F3@@?HBAFHF=H8G-LFC;J8?;;EF9JB4KFCH:;KBHUQBMSJCPK2=E3JMH9D:AAHD@:>EA7M@CJ=ODJHANBNEO:R9CC=ABJ9L39PD?UJCMCJX>9SS>F6?E50=7BAGBJ:O=;P=>8U4-ED?@Q=HB7D>F?1/E>DFN@8;6@JFF;>II9B?>EN?=JSAKD:?EC920666E=JE2=96=@=:C=:C@:B6C@;906=EAHOKMP=FI?@II?K;=?/7@E3D=3D>J@@EO?MFNDEB,@D<@?@.2=BAA9BG>7:?A>/8CF?5A0GDBC+CB>F==<:@AEF7B@E87D+AAA,E:@@>8DB@;D:8E9:9;4KJ29<;/;E@C8>??=>G9<9?@:>0CCD04CF=8@DAD>6CA3G<8A6.A7::;CFCCHD:@6>%;;CBCCB>?D<=A;A?C7BJC?C:D>C?@.=6(A?BA?CCA2=EB7D;<@?81:@@=5E/??;FE3DD;<0:9;66?=>6=ABE7G4:CD?6C@J@;71@E6EE4??=E7::9?F:A96A?=AA:<>3@I3A96=8==D9-@>79?@@:CCA?IB9J@C9G.@5C7<,DIE1<:=;C38ACH?C;;99AE:/:E65>2A==3EE2?2:8E<@DB;@H@547A6@@@=9>GC:.<;D9?=<8E>;;5E@AI>B@:?<3HDC@AB=DBH=CD>@K:@DBF?BCC?:4B83:A?5M775;:5?D,=5GEI@E@>GG8>=6<<57??C?5>L:8?:BC1=8D=@EB5D3J=@8JDC@9??)F=E;>1A<:?>?A21E9;>FB@=BB=B47@=@7->B=2?8HBA97F?A?3C74B9?@9A?6.F7D7DFG<>DD6JB;C9EFEDC9G45FLBFI?>F:5@@DCGFF>>J>;DA>2FJ?:CALJ7:GBBDH?9;?B=DCG??D<>9F>DKELBD?ACC?BCSBH=AK>HCDDID?B?8:JF>?E45F?=A=I@KAE>AFA8DC@?FH@AEFJ>5ICHJA@GGG?EO?4?GK?F9E?GPRDD?MC?GDEEGBKJ8J=IA@GEJI>=LFCF@?:FD9DE;@=7AJJSNI=UDC@F@IM?NEE>BPLEC?JJUAEHIMSBDI?GFK>ETFOEBKI2CMN54>?8@6<.>JC@P?HDLG:;HQCBB@>DABGC;HEIBB6@VWL@?:NLHMILBBHT:.1=+J7F4D6?=GGF+CLC7H??D:?E>18?ED@R<>F@3.>7E:?4Q8;5>J8C24KPE?BF5?GC@3C=;?DA=:4GGB;A;A/7<=A>7C@5:@>ACB<88AK??7?C6,D@;39FFGE;DE90A>0<<,==>?E==A?6>?3:A37@??F@D81>2DFDGB@C;35F/3G=:/3@4A8D4;J*<992HH:9GG6;A<F0@G9CH;?F7>@AB@:D8=EF=?5EMAAJ8<=?5C>FA9?2=@EB=F@BBF=4+E=FB2>6B??D3;BE7>B;A@:=8@8<46:4>??A>D>ECC8F90@/B@=A6E;B45H@>ECF>,7>=;H=3C=8A:><+A>8>@1:ABE;?E?===@5>B=9@1995B6B;D425=><@<@8??C>B>??A8=6=>=@AFF@D>?4A?>=<37+=@C;>F1EG=:.DBDB:9=:H;>:@64DF6:IC@:@K>@8:55:@@,>5F<>DDAAD8.61AE=?:D2*BBAAD>4<56B<<6G/A;I:751@>/G=6@4DH3870:?ED87?1@IAE=A@@KH:=>@>AB7=EF48CCDAG=8BE9D@?@7HED:IAAAN:9GE9>=8;A8DDD@;@AAHDDBIDAAD9?@IAACC>G?A=FJBFIHI>=@F>9CBB@GA@H@9><9BCCB=9:B?;97FIA?:>AB?@?A;@96?FA;;>GJI@-6AI6<2B5C;?AF;3>>7>>A5=2=;@=;@=E=8D><@?K;@@@H=?DED;CIE:J>G1BCI9GJE=CDC;@;LBDHMI=C?:GC97:=F79>=DE8?>CG=>@BG:JDAHICBDCCGEF@@??-ACEBHC;GAA@EFC80F7@F>KHHHGJCA:E7E?BB1IE@BN@F5F>EAF?9AF9@=C4BGCD?LDFE55F>@HF@M:A@?FD4NPNGJCHLT=GRLBB:>CLOI?CB=CKK>?ENHLPE:FD:FVVFGNDMMLPDKRVMEENL3CHDCE@BRRFNNU@FMIJVPHAL:;EEC@>I>?OAF+D9CDDE8>?>B7F26:0LFJ?CD?B;FED9?:A8.?>:75=CH=7AF9?B6BBFE57B@-5=G>@>5E?:7<;@=::@;E?B82690<<,A>?E>B1:CCB?<@??:;>4C2C4D4(@F?A3E:>A3070=*FAC>?,F6F;;>;?&D?C;9;=?G:>CD2@J5E?A$8BB@=8M:@.A43CBDGB;=>B=C/CB@@?H:;BB.@15:=>@>:1D4EE<7?AD9:DLE>A=9>AB?BA@99>@@>;>BC<=83E?:EK36AEB?:2@97G39:>52@F2>;;D=2?D6J:A='5F+A?A4C6>;>6?C=C*?C<3BA1?D356D3@6;A/=H8E>28A6BA>D>8>7<@>E3>:B6C;->?MC8=9G?;=A:=<4D;C;>9:>EE>:;A@B;B>D98A;?=H?/B=;C:91D,=6?D>>ABB>@@6J>@<6G<>@C:9@C@5>A@>AA8M<<@DC998931;>49D@MAD>DDK?=IE?:CB?AJ@G=B=<8I@D2=EB=AGFA3=F?EC9IJCKE@+CKA;C6EF7HAL?;BEEJ1GE8:D>B>ACE?;ADA@D:>:F@8@C9EFCCF@GHIBC>>4;C>8ICCA@=@CDB@;9?D?C>FCF=JD@4D@=?D>7E8ADI@N<=@DA=CG@BE=A?7C4:;A>/9=62<;B5BHABC<9>3ES?CEHJDDBPJ9EMF=>@SFFGC>G5CFRMA@AB>DD7JGAC>?:#@L<487@9O@H@G;#CD@9?:EKBGB@AB8@,H;FE<9G9A:H3CCEKC<<8BDA=:BAE;A=99EH<;E>;C:E?BCCJ:BC@J>AMMI>JBNNFE=BNRJK7A>>H;GGE-GC:@<<6=;B=MIIDLAIHC?:=B:?IVHGJNMPBA??JQ?:*CNNPFPG;MLCBD?L=6AMKHEI6MFLDJQ^WKEOCCFNMUN@RCR@?HBMHCNMDHDLOMJOIA?@3KJJH?HI>CBC>5@7;D2G=QBQACAF:HE@@GF????2G7@K;8@=19EI><6F=BC78CCAA34A5@1?6=40C<;<:2=>7D?A4D64:BC1DD8:6EB?=HD@>=?26>C?6=89A7.ADDA9GCH<)>9@==7.D2CG;D94J@>BD1(C::BCG374895A>GA8@?AH<48BE4?;5DBA7@><:C:/:?EA?AF@>?C:3::=A.BB@?DE:B?>FDF;>J:H@>AD:@A;@EC:;;HB>>E><8F-:I>F8=<@A;96.=BA==6?<2BB=AC=J@;7=@@9A@C@4=?AIEA=G/9ACBA;6:=>FF<9>DB=F;/>GHCB?A7F:,BCEEC;<3G'DG5>E>76<9>7C<6D79AAB<>G=1B=HD9=I=<4?1?9=;=C/=6FD?4J>=>28>D@@?824BBG=B?AH:=?=>9@B8=4=8;E@=@E<6F==GB7@?GBGLB>D/@=?=;F=A;=?DBC;BC68?I>(B8?98FC?9DD@9:D=GCE:;A6FCFB;>FCDA=>A@G8C=<8;?A?:KCAB>8BALB=EAJ>KG5AGHCG8B:;@?@B@@;5AB8EJ??F?=ADCA@??=8(D8;<>A@@F;@:ID/>>JDF:BDE=>@1A>G;HG?BB@;>@95A>KE?GG6?CIC=B>CCAJ=G@?BAGFH@GFHICD4BDDD;?;KFA2DHAHA?@;G4CG?GICH=FE?HFG>BEKE?7B9@GBV@>K=6DM:DD@*7HNAKC;NAE2?EGC??I=B8:;1CF47KA=BB>DE@A<@KBOJ><;;?E=57G;C)4F7FDDDFC@AEFJD=BK<4DD8AN>B?O9CEDIB?:H=IQJBIG<:CGKI3;D<@O@<>?A>=HAI>G7IGO@AHKSUSLURGa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`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j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b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~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a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ÿ=3:8><:D@;>>;==E;=A=?HE6:A754;?AB>C:>8*==35GH7H7?>9@J:;2@<7A?C9E?@=GCC8ABB5?26I@@@B:CC?>@>C9??9:?64;<>3@B5A;@;?ECGA84=;GG/HB?>DH=;BE?ABE>@L?AA6B>B;FACB?6?@GDA97?NA@CA7??5EH14=>C:9@EA;8I2;D1@==A@;I>7GE;9:<:C>CC;>E?<27BC@AG@I8K=C<;=E>LB?:4C?CHOGKGCJG?ALF@C>CIIA5?>HDBDC@?CA>@I=?AC?JISBDADF1H@CG<B=HGI9FB@?E<@@TE?K@>;E:>JNBC?AI8@?C>B:4DD=HLELL@B?=@G1EDGKF?9E??@E>DAED?B::EL8ANNKKH>EEJNEPAI@ZGDHILE:CLMT>=FDHFPBI?BDD>GEGFEJFC<@=FN6DL<@KBOEXD4E8GRCAKC@J=;9;LGK9BFACIDNOAFK=CJ?HEHDDGI8??PGFGG?L?MK;@BP>>=FHGKRBA?1*I@:B;DC@@A;;BOFDME4>5?G<8?5D?@?H<=:9?C*E@<@69>@;>::BC@FG6IE>@MD:=535>E=BC:>D>=B=>E2?=EAGCIBB?@@@CB0A*6E=KEB=7>AD;B@EBA<=;.D9.=?E.;C=AAH>48?E@<6C=FD@B-E@A=(3?;G>>=C8BFF9EFEF.>G?:9,@7FABDD?2A93GCGBBKFA74FD=644@C4BD4=?E=<<6;5879?AEC:99:BH?+<28&A;AE97B;F=5>=B?;?8;@:A:;)4:A>@??9G8?5=CB;??7F@;:E9E?5F:1?@9F2@A?8F277?AJAE>EC<@=5H>7@<9;=6>.@F-B@A?>:G@50;?@6B:<@5<9B;;>>8?6;7;=CB=?CA9/==A4D79@A:9FBB9?5,5A>56>;@=D4>B9;G992D5B;=@@?@IG:;E>=>:>:?;BE?>@@EI?;:D;<:;1@@==@3C6>E;D:7B@7A:><.:BC=@9;5=AA=FB=B@;6C;@>FD??JA7G=@=A9BE>@7C4>ID>G=A>BCD7E?E2=DCBG>>D=4?:>?8G:=ACAAD>9>;;C:=C;E@C.A?7K7O=C@CA,:.IDH9E7>-D:B6C>5C?;4E;@B:;B6>B>?@:=B@>@4BQAC=GJECEG>:CE?O@ED35B@3>ICG>9DDB>6<:MEBLOEGF55BIIBBEM>B>G;?ABDG:DCDGAG=D>;>CDJEFHJHD;>BEEGH>I40RL?==<7FEE:DI5;ADIF?BLAA;3BJ>CK;=9B=AAK>IFF@?<:>>:>@A?:DS@KB2ELIJED>DE@NCF@DB=FC?>CEA=9@6AA=E@ED@HC=?;CFBNE?C;IG=?=EI9AGHFIMGGCKH84IKLH/FAJ7IC:IJ=I:UD@ITD@Ha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`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e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h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a>>CQTWLEH>28>>@:B?F:B<5G?CC7?J@E@9D?=JD=?B;A?GC@?CDAE==DB@AG@CD=CJQBAB8C>HDB87(??QCJ=3?B7?K>:1AAF>:8G<@/<@A2;J<<>B@:AA;D@5BHHFHC=DDD@=AEDJBC<78<;>-=EH0LB>C3><=<@@6=C8>::?>?:35*D5AP:9K>36=96:.4>=>C>>66?E4=BI:8CF?BB:4A:=CB>A5<4E4=61D<7/9B=6==B:<0;?A.1>7AE>:5=9<=5+85=<<;1=/?@4:<@.E98F?D<3<6I?<8>@>3=>A>>=+;C@:2C9D;>AA4@=7B:FB=3>=5?:?:>6=B6?ACC<(:<5<8<8A@;A=B4@;CA;?6=8>>C:&8GDD83,>B3?9IB59D9@:??0:B4+1/,7@:28@8F>;;BEF<4?G8A/=99=?F0J8:DB;=70EEH<5E<=9CE:6>=5/A9;=>02/E@H=85;>5=A9C8ABEE;C9>>;3BC;6C:2F/6F;5B=3;E;=?A=<=IB8A?@2>??B@;B?3E1?>CB?D<@@GB0=D;?G>3D@DA@=:=@:>:=9<75A=:<@@6@CHD=>99F<::;7:89>>9?9>6;946?<>>;A;?9:@B4>9I7/;A9I:<1?@HKBDF:@?>;=D2AC>8A5C?B6AAA=D?:>N@B;)BBBC2I8C:>>0>864?D@4B581<:<9?0?<@>;F=A7;<7;;?C@7IC9CA<.DE?:>HJ9J*;:B?C?@@HGBAEBOD@?ED8E??CCCA<@=BHH9EDBE9D;C?=LBA7A3ES:BEC>8@KBECBD?HFCC=CG@F;OF@HDBED=FA9:J=DCDEBFE.>B;DAA@KACFFLE+A<8CCD<:9@CC=:F0B>75B>2>F5HI;6K>==KCG?>AFB4DBH8;4>67F89D<;1A3EJ@A-C?HAJEGB@>:BN9:?ELOM@H8BA?CIH>:JLLI7LDCF@BKT.DD?8KIGO?BFLFMIMBHHDUUCMROGN?3;HL?BLA@>I@bFDH0WCAVEBFDJ>HEJK[CH>LSDD>QMD8?CID;?:J@J?HHCBBBjBD>C6CFHA=C5C>EHBJ?@>L@@B;C<>A@>BF9>5?4C?EC.;:A:C@@>FCF7<@DBH;>@A;?BC/>I:DAE>=I?>>1DB6D2E5>@*4@:E:D:FD>>?0D)G;/K@?6P:B=J6>?E<5@:7CDC=6?BG:@=??;?:900;ADG4=EC?@JE:BL@<@?7;@A:<9F<>=A8F4&5JE@E6GD@CK6>DC@9ABE>??B-;B9>;H<=8:@6;>;=A8<>>FDA7;A2>B=;8A8C4EB<@B=<BA:<3=9323?35C<2?>==9@96>6E@;:G;7D>5?=4:?41@2:AB:D;:-:@;7AD;?2=@:?CB7:BA:D@:C9?75?69<7>5;3D4A4><4D58D>C>AB=5:?B@G5>C=;>>3<@6@CDC8F>J?5.>@:9;=HOG>A;FA75B?DA3<>4EAF9:>=;C@;6A97@9G@80:A:>EC?:AA<=9?D>@B?BA35F=B-?8<@A<:2;=6H73><>4?6?;>@B:?C=D,:BB@8;<9+99G;0965A=897:H=>C=:951:;?E?C99B6=9;@:=CFCB7A<379>A:4=C7@4@@D@:4?E1:??AD@1I?;@A9@B<6B:63=3<6G;-D;B@@;;>>.GC7D@A>?>==5;>==F=:D@B397<0@==9F0:;=F:=D>@6A>@6=0?5D<.>77B6GDC>;:2C7>6>H@BE?6EA::5>?3AF=85JG=;GA9CA?CA:B9A9>B3ADB8E+FG9K9D@@>G2>===A0AC@?A7B>JD8J6DIII9BC@GFCCCBF6I<6A>>@7=:GV>>?@J9E?:H3?C>B;A@AEDMAL>?G=ECFK;C3>?H:>;D5=>;HKA8IFNAHGAMGE4=655FABL?CC>A39=?>A-@=@EAD@IB>9>BD:A6@D8DDA;E':C@?79@LA6AI1EDA?CBADF:?NDDGNGCBGE@H4AHA29=?=CFCEGAI:;B6FBD57BM7DE?LFIPEGL@INB@EG@DGHBACO-A98;AAME=BG=I>B6KI7GIAJBOFTO>I6P6BF6=1IC=7@BG4C?FI[O>G4M8@@AXB3Mg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`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cEC@?A9D>R9;KLH>BN>J;>I7ANNFRKM?AH:BFAGRG<=I7LFHF8JOL25G?EKK5C3BA4=7DFCKCGC;8@F@??HJ@>BG\EB7MAM?CQ?>I<>I=G=9:?DGADE:DG>;B9C>>BDG9:@@O=9E=DXCAE3GBDO=?GIC=@E;HDN9BBC/JA?E?AF@:A;:EA>A5>;>F:>?+9A@<3=;D@F=>D.FA;9B8G>A0;5?EAJ)5:8:8120>>B:9@E=A5@6J?=E@?:B?5?4C1=/?6>??E,H@AA5@:BED595J>*>D@C:?;:5A==A@>4@@?9CEH>>8D.9E1+G4B@>=D:AF<58A?F56?=LA:@79;DI?8IJK@,=BC@62A9@F<9@>?9>DDA6C@1H4<04@9@@@>;:7=>;B6>=?HE143BCB@42>;A:GF76@A5AC@:B@:BHF1>D7B;>JBF:;7=??CBC?AE?C@?FC3D@18FE?;?4@C>@>@;)A;@06J89=AD<>D>C;BGB<,=I>B?@@+B;=A>E@FC?1C;=>A:E4F?BC3C76>CD,A4==,I@A7F>>@=:??>C6:FC=AE@:-GEB3;??3@9ACCB2I8=5D3B=612>C?9:8.@9=>088A=<<;;0A-8<5<;=2<19>B7>>6=>:;HCB3?9F7<@7?@970:9E=>?7*3A?16;9=>>5C26=;;FEC>@A7==6CE?68G1B;D<.=>5A>:?5=;8=@88;DI;FA8B4ED8CCH<953<@@;9>:8D>B/H4107<4@??5>@CHD?GB8@=AC:D==<5@EDED3AGA?A;@F@>A?DBC788E@A?5?8;7?=AI<:0D8<=>><):IFD2<:,4B>@C5?B4CAA7?-E7EB;@H<8D2;A:=G?@<:BGD?5>:EBD8?;?;?>=AA7?6G>5=EC<1LA3AS=@GH@AE?@AAE:CAC88BLI=:AC>FJ=>:A;7DKHDA::EA>AD*5?B@<@D@ABH<5.E-GH:9@9A?>72@9A9>DD6CE8FD>FA>C<76=;*LAHC@5??@;>@R32F@DB84?D:?/.:FGJFCEMFDPGBM>F;@IBN:BE@G.<;/6;==BB?:5C<=<@8F1D8GD5RHQ<;A426:H<>IH;87:HH>;@@F:CPAF?8A@KA;\F5CGHBEN@I6?D6F98EEM=LBEH@G8HA;;A84>9?FCF=8?HC@C9<5F:8A=4??>J;OKHEHJIHGID8BKB.=DC@E6;D:=@>=F?7=:AD:G<7CA@?A@IEF>?:A7>8=B;>B;B43IEC6AGCHHM>/DDC8-F0F?D9F@BDBFFDBB=/;E89CB,F7D:DA?>@>D@:?9@>:5A@@D=69=>1<5@=;:<4@B@>9?DD=DE=<;<;B>F??855?=?G>?A@E:C@1%CE=0<6.=9CHA=?=0<6?9:37;.F@<9D4DE?ACC<@6:I;8@@<=D9CC@68D>@<>:C1E1CABE@B<3B9DC8F?::?8@?;>9C366=?C?<:G>B2?C>4;?C;A49?B6/H@HCCAA1;B9DD=<9C/@A?:::>C0C=8>26@99<8C:C==J>7:C@A=<;9?6E@><>;6A;E9GD=49>G>=/=DC86=F<6>?CBFBC>>:/1@?9>9>=>=?5?4CF;>D=B?A?GA=>==>B?A;9:79ABB9?C8<9<

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}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`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`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a5B>=>B16@A>CDC<6C8A6@HHFC?@<3ADH=D@D:DF>:7BH@BEA9GG=@>CABIC84K95IJBEAKCFJBADEBFBC=8EGG9PIE?=?16B6AE8DJ>G@AJ==?6KBGBAM@>MCB>F;@4;GJFKGFD;D;9HEG::E$L>?GA?<;:BDJLD@P=G?@DA@GF@>DEHOHM6>?A9CABCO@?C=TBEF:;>HPF9PE8ABGEB=EVE<=HC>?A49EBIB>9Q7AF=CABCB.ADDMDCJBHL@>EB=FFN>>BCE5=?B?A98;9>@P>5B?DE6>AA<@9=?KE>6A3BC6E:?AD:;3FFDI?BR=AA>:;FK;73DABC>=78B;:EBE?;D?:GCD=BF6.;?@C82?6K7BA66A3F;:>9@??6?DB6=EA??A@:E5@A4C>A5;C?>=<@:F<=@5@AI?A2>E9;(A=M?;FB>HC87>JFAD@2A>:A-B93I>AC:>DA;E=>?FECD:,:E8A?E>=DCD=AD:BBE9KCEDE@?C;7E?D::DBDI5BH65AH=ALKDC@C@AEFHF;A=B>:JD?CD6IGE;A@@76AHB=E@>F37C=;B>CC08A55C@<8:B;B>.G=;;?><=7=5:7?CA5;9<9;@5AE2;>@96@=E<;CC=<46A=D<9@;.A4?3F?D>9HF>9>2;B4C+==4CC=B>;>3<;>A,6AB6CC@0;@?E68F>HK9;+=BG:B=:ECK>9F;IBA?=79<6;5/;B5;>?C6B38C@EACG90CA;/>=GH:BG>8AAAC=4@88G@:3B@>2G7;JF;B:D4I:?:4>DI4;=B72@*;7?59A@976A=>2>CB:592B;>?>E/6;9?DF=>BA<>=A?>GEJ66:=E:FBE>@A?B=65FFE?CAH9>F>7759@DA5165=/?DC?B?F@?9<>A?>84?94=5;HC8>@85==?<+AA?=:7A?9H39C89@7;CBA:=;8;;D.53=;7>F<3?5@/E?>>:=F9FO?:>98:;=AF<75E;=D?:*:>F?<D@?G@>?7GDHHAG6J>GCJ>BHD?=AABBCKGJOC?A=@>E=;BA>GG:FFI4IC@XcNH7@9;??B?>8AD=;?;DEAB7A@C68==6=?:A<@G;EE8@8DGD?G10@L=CE@KFCJJF>;ABAEGAOLAFAGMCMGE?F9G9GQ=@C=BCFDD>9D:F=IF-H@BCGA6AAACHB@IH:IB?D:C<1@88N9J?;KMPAY>@?I=A<:DC@L=1ML?K:,CUI:A98@D=<4K@9GBIJDICH>HEE>F;A@5=;<:DD9DH5@FFEH@BM@CDKB8B@D@PCBBLJ7C>6:GLDA?@OM86E@FBC>5<>:AA/AFBI=:@CDA9B=<>H>@:@77M>;GE7L@@@DCCD?=?7=9@@CHH9G?DFE<>@9D=4B@A5B35@A><><9CJ>>AJC@?@:78=G?4=<9:@=F?>C7B<.=2;A7@BJD@78B=??BFD6@;@=B:08?D?<=C@7D79;G@@9O>:.><88;CA?JECF>DH?IDJB9>H>@DFC9CKA@AE>>?BCABAAD@>FHKE<>EM;L@H8@EKID9HB@@@9CC@7D98C>5?6G>AG=@BHB=BCA>D7C?E4?/A@>3?9J3E7D@A==9FF/FCAGCD?A=7:;0=E==>5;>5J@>9?=>4BA=:;>AFF@A<7<;BBAA+78;@:EG>A6@29:A?:<=?;=:>,;@?F@23>647J;<>165BA<>855J<9:9,E:?5@(:;>1:E;@58<;1B:HLF:A?A>=A;@7?AD6D:;@F?A=H;BC948>G@B>B?@:>-BDB;>C=C54B;C>77A9A>;@CA=?;?B+A56?78A9>5>H>B=@B:?;::=:A=:5;A3:J7F:@9B8B>8@2<:>>?:D8D=@==IBD6B:B<24@/@>D=;9=1A?>E;DCB5=?C>:794D8%F@@E>G6;C;BB@C@EJGBF>B77F@8C78I?CE;E?B=?1B<:8A?F;@6>C/58>7B@=B;A@56=+89C?BBI===@;F';B8??DBBF?EA>??<0=>;@G/:E65=;:@6=156A8:C'82>8>B6=;6B7>C-,/:7;@>;G?J::C,H?>9AA87;?B@A7FABAB2;>GC>6F=ID@FEA?G;@@DCC;8?D=D?GB;DCI;AG;U‹ÿÕo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

,;ICBFC=FDA9GF4DH9@>D5C@AFINB@DGCFJFFAHBGBCC@CELC@J>G@=4>J@ENGCAHD=ABE@˜ÿÿÿÿj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p®{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c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f:A95?>AB:;GB5A5A>HB=;?HDA8?C=D<;BDG?7BIJ?GNAA;F91;C=;BCADL?HAD/EB9:17FI?8=>FCFA>56F6@;@7BB=EC0EF@.9DJ.>>@N?@@4E?BBG5DAFJ<@>K;>I6<9BI@DECTM80CG>>AH>DC@A<;BB/:1N9=AGDFD:;L-@A:A8?CCF=C@?@EADX@AKH=9H;HCF?IB?D<::GDC@@GA=C?>34JGI@E6;E@D?G0JJ1@C=H1>EKADAHDHDD>@'/DB?H999=Q@FBF?M2:>N=AC?@DG?>DA?AI>6C;8/E0CD=@BAG@>F=G?L0<8>E6ED7@26G@/IMIOGC/8>A5=>BH6E2165?E>;9D>;<8@8C4EIG(=5@9>AL=>EM?A@D<5=C8>43IEB;?9AAB48:F04B-?=6?=A:8C7>6G3:<8@AD633=E:BA>:;49B:.D=C?=CGA/7CE;>B0;B?<:=98B8>GCC<9BICD1GC;@1?C?G/=?8A>FF>@?B<=D7F4>C6;D;7>-9'EA7<>@>D;=<>>AO7B9B>5GD:993C@2<1@;2B=ED=9DF;>CG5C7:BBB>;>>9G5A?ED86?6=F4B@ILA?;B95E=495=F9@GA=CCA:4E?F>4AF>>F<:I>EB/I89A:E3@:>278>@@BD??;@F@C7C6C=GA;1?<>9?CB=C6ACB<9=AB787B@B>BBEC?6;@C@9:=@C>B76BGA8GFD?A76E?=>;2><;GC3@=;=D=>?>9/>8D90=7:BB391HF>@???=AB7HA5:D8;+-A=7<<4C981:@AA8>6@;F9==4;D>3@=?90<@7:F<:<>0D@1;9<79DC?D3<9>62<9>A9?<>7;:<@D3GA@-DE>C?K<=A;@:BEB<8;BB8??C933><7@8C=?E9:B??@>D=@<=:<=I>A?)>CCE;8:B;D<@,C@>7EA<<;8;D:/A=K?CJB=A?9;4>9>:FD>AC?@;;G@G?8>A7C=?<=>=8?B=7D37D>?62?D@??7F39CE>9(<;66@F<:865A>=7A325:C?7=>4<8;2=9@F<3GF>BG?C2CC@>96?1+438I7;20=<@@1=@9E.EGC=:<147=EEH?:D>5<7?DACF<9G>@AF0@CFG@=>=GC3B6>D<>F@@C?EBKHE;9KDC;?;EBKB-=7:AC?8?D489C>AA>7=9>BB=?@9ACA.9@D:92AA>8DAA8>7A<>?:6<;?=@?9BCEGJ5=A=FC::=ABE<3??4E8>?ACEGD0D/A2=D@=92>G5?DC3D97G?F6F0?FNB=CBG@=?9/D?6C:BHOAB8CEEAA><3IB>/E>ELOBE5B<,J=RHFN9;>PIF:?@86@B=B56EH>@D:=9FG@<3FGC3=<1J;KBN8JC.HL8>V-<@;3?+;?@E?(6>?IF]ID?@HAA>A>>8;?D@NCF9D8CC0AO/<8F:A;>D+CE==F53B;<>>?<70AEA8;H9729@>DAF<,B?A:<>7/E>A=B@B>8H37MD5REE39;L<=7@:19C=346>0IFB/-A==3=CI;=7?*4=844=9<;1=>7=*4>31F/7;1:@9D>98>5D=3?@;9=B:C/?B:4BK5D)1428:B?CF97=<278@7FD:88?;E=5,?>ACAA6=J?7D:D7:3A6>-A?>:>AB4CDA?26D?G;=9G,CC@3>E=DJAHD=BC>;B;3==4=@A?98C;=G9H(?I<3@>:C;;6?A@=+=E475H2>>H2>D=BDA;>?8>7=A:C9>@?57A?8?=;J=?5C<>?FA?=F7E7F9?;64FD@D:E=EFH13=;==;=@F>)=9G:7C@B6E>HA;BA5DKE?8?95?C?=C@:KBD;;08DBI@;7E1@E8>4=:4=@B2/;:?D>A3=FF>E?@E=;C>A:A?E:E?7@8E>?AF?C=:J?7H9:E9DB6B/>B>A2043<<4D8:?J88;@;=@A1?890D=EBBA9>7?1,C33G8*5??>>CD@A8=?=:39=<>9B23=8C>89<==B.<,E@BA;:C7;9?5C?6:A?FG@>1>@@A@?E=7@@KK79>C==5?E6@E>9@1:7;AABBCA6B>5FF?=;6<958:=>;CA=FB9D@B@35;/J??B;?=1DCBA==;?BG9A?C?;>D>B8?121CD@CB=@@;8:?:3BB2HCB;DEJ???<:>;BAEAC@6DIGH@91DA>4@8A986>0?8E8@ABACC945C9+;;D>FD:CD98=?=DA2A=708A;5>@AC78FF=>:9;7A79;<6FA$@<;D9B2?AQDG>HB><=>>CICC@8>0P??FB:>G?>9AA>RD@FB:GG;H>@?GAF;J<:?>@8;I6IBA5IB?N>FHEICIEBE8;0@ACBE>;=,@D0C5B96;F@98BE><@???@GBM<@@;<<>KDL;A3?A:C@98=@4E=5C@@BD:G?>CDF5GA=@D?ECD44A:@7@K=;?B=E9E@<=F>=3HK=<8BA3:K@?8@?HA9F=DC:>H?H<>K79AB93CFG@ADMC;6I:8I?:A>QDH?8:?;@<=;H9@IBGICDC?I;AC>F>5?4F/9>CJLAB@>5A@>FH?8GD8?ASG7JHG@6IG@JJCU=AEHPBDCLI>IABAJ@AD;04FDB?:DEJB?A@>B?@B>AFEEF?GHOTEB>D<;AIBD;<=G:KK>8?G66DAB>E:?GJ?E;J:XM4ABK<5A7=8EF0@@GC=>5BB=E?0@0@GG>AD=ACDDGJ?;A@E=?CI:7>?C?=8ADBI4?B69D*IE@EA@?4>B?J4>;D>GDC=;3A0,C>@HFGG"3<7A6D;C;2AC;>F7=2A=F5?<8G?8:8J5>?GB998=AEB7A=??J>>F>;D@I@A@6A9L>D8J?H@;>E=?CABC6ECE@8?J@>AD:?B:E<7>A?C><><936B>9G6MH?9CCFD=;=;A9?0D?<@?@98@;B1482AEB>9=:C;JAB?:D=<38?;AC@=G=;/@N;?:F>C39?-@C03>3<>>==69<:0>E67>A=?6:?4?7:>=3>G:=B@=C1>8=79D@7<:5>>DB;79=EEA9;>?F?<5:B2;C>>@DA9=4?5CD?709>2BA+:<<1DD??9DA:A>B4=>=BA>C9H<8GA:@8DAB79;;D:DAED9:C;.;65??>E98HAE3<>9;=46;:4A=:?86<:198>3;F:4<@:AB?7;4;546>AF5B+B@9>:5;A48/CC6,?EFH%>:?9=5==:7A=7C=:==@@97>BD>C7:;8A7D@56CE7G42H==4B8.D=6C;>B-C?=9=C=HCA4;>J76?@?,AB?B8B9:9?=:8?IIA?I9F?8A6/?C7-C7J8==?G6;;><7@@>=BD=3A@4F9;7/BJ1=>=5>>CB>@76D:?>7F3BA7:5:8446H9=G?;5B@5@C/7=@C0?<8>DD?A>G22:7:5L>4?B?F6DAAA>7>FKCCCBB@=D=@@F=@E@AD8ADJHGJ6LID@G;;3I?;=;=DEAL:I@C@E:BE=7@CL@0:N?B=75CG?BB:H4AF2@GH:C@F/@2HF:CJ::CCAB8?>CJ?BD27=29D=7AE=BA::ABGFED?/BAJ9B<=E=BF6GCE<@E<8@7AHC:BA;;7GD;8@A8H@:9>;2?>@CF9;2C@9B:;9CBBAD>4@-,3=HB<>6A?368E@J@;?F;E;IAAIBHME@M=<;D;NG5H7CE<9@77H8<64A95?=4M3@@2>>AEBB+@?8B;6BI8@>33F=?FCBDA;2QQ9DCCF>AE@GB7<5;BCCFL1IHHB?>PG:DA17@954=F=L@K>CD?&AAJC??DB?LNJ@FNC=@B=4AFI1G:D9GHDCD?7?BNDDC0ADG0>@?G-><@@@GDA>DI?;AA>CEC:;BH9DCD=;:CN8@:>8>DBEC>B<7?G2;H??3;C:CK8=7=>@:HB44@*PDG:GFJ>8=@E47>.D4:?;DE>>@BCI:CHJ3DB4;CF;F7H?H=:FB891A;?AB<@GE;L?1C6B58>=C=:=D+H?8FA;4EL:2?-B;B9?=DB>:JE>D5=EB?=<9B:7=5B@FFCM?C@:@KCF7E58=2@G5C8BB?=4?BD88C>=FAJ>F@?<>H9@A@:2@>1ECF74BBCE==;:DGA9=FB@;A,9>C98>CDCECB@7@DFF@?5@@3(BB:;>75E?7B;B9DE136D:;>:CGA7I#9?B?=H@>C51;@C?F>>?5FA<6J=;:@>5>7C4==4G3@@85=.:5?AEB=7B<@C@AGBBED9@;86C99?DB8?DC.:9C8:;?7AA@;?B;25E+@DCDD>C=A==8>@;=G=:=K>B9H6(C9@01-AA;@>E??2=F4<;C8<<<;;5C48:=2B<9>FC?(@2=3B;>@7?8.AD=8A9/<7:>;D/;8+:CC>B81;:C7;=:I=2>+6??J=?@@@:IC5C=?5@:489;8;@2D=F5:7BC;675;G<@)<40?>;777>@B(88>BAC:B?6EAC3@C>@D2?263,7=A:;@I:;0><;4<4F3D;?7@F<:C?57600D8889C156=;A:E?9 8/B*=CG>9A;D;EC;:?90F>A7C:;6?4>H;=>=A:-B?:(FA6B;=:8NK@4:E?>BAAGH817<@>AAGIF=KED:E?8D8;8H@:@>?D>C>:8D=:9IHB=CFH(A4?A;F7BA=G@;CBI62<;@KDD@B>HE=>CBE=?8E6@A;;B<78=CEGD:GE<@@JA@BP>?2&?;@==<@?E?B:@NF=D:8/D=;?@A;CH@>AFJ=>FG;?@AF@F=IF4IDDDB=><;C=C?>?;A;>=BE?9?C1DE67;48F0<:>B<3??3C37;NF;:DG?@LI=B@-=83??A>G4EBCJ:B?>'2E:4D1LKE@7@>.9BEN:B:@?@>1@G=D62C7?B?EKA??DDCIL>L7DD>EB?F8BOE>;H2=CHADAGGAH.9:=OB8:IC@QG?HG9D>GF>:AH4BBB;DDBHE/B<;9C@8>DH9:FA@=@EAILEA7J99E@DGIH=E7D>DBB>BD/;@>FBEH0@:.:=:?<:;K7?F=4:1B;=?IKF===<<7FFAI7CHA6;B@7<@7>:BG64J4B5EC?AE>@4<67ABF?7@A>EDD7BDIC?59?CA:?CCAE?G.NJ,>>6?A<@6>A7EF0F<B?@B<:A?;51E8DEC>8=AC9<4A6B@:KID;IA=6=B=?G@)B18H6@>GFC06@??;>>6A?5HAA<(G1@98?E@9EAC:;F=A>@?@CI>>>E=DGD@E>?DAE7@@H7EB>HE=?@?38;F@EAD87>98A>;@B;=8D:B=CE;D?C>C:D?<;E>8H7JA?7>@8=:>1G?:075>=DA:<3)DB?<>FB@=J?4;CB9;2<:@=>DF<3=C<9CEDAAC=;A>AG?B9B,B<:>58CDA/;J;K@@AGD9ACC0=58?CBCF>8:CB@4@?A>GD5I:AB:F=3":=DB3BGG>9;:?;B;AB:>A6D-991?FC<&A==B85?47A?/83:@F;9;=?6>?>=4A3*=<;:3B<):;:@<>F8AABB7D8?96;A:C0<>7<;E>5?>8=A@9@CE>A?FB>BB=F@?.:I9:7CD;D;91FB>=>1@E<;;:?9?8:<;@AB=G6G?;-<@878+7BJ?@<=A7B?;A;@2E;=D=ACED4=B:=62EHA@88;?=B;8/DH@A?18==B7:::>7>+9B5F2C08;==6=:5;7>5;2<>8C1@EE@B:H;8855==9=<@7@*5H:=7.E;A25>BA=E@8>?C;>?:;6:D6EBBC1MG972<6>4<;==B5CB;=MC;9CC;4A9D?=B?G?IC2=F=?@F?/BE@/D5FH?9KHCI9=?4GH38<5?IDC4IGG9D>>>=6D;:>,:4D?CDA;5B?=I:::7@?.1HF>ED6AD@B@3<296J9K3FCG9D@:L;>GAF=@B;:E9.?5B94@DA;A?>?:DH23>2F>.9K=IE@AKD<=@>:>B:@A>;@BABH/786<8;>CT7;DDA9JBG87@@CCH;=3L87?9==FE?>9BNMB>C>GA>A=O5@D@DFHCC5BAEC?M=@>S*7AA?B)7C1CFA:?BO/B?1=9=KJ@;B?=67ALL46?BE44F8G?*B@HB9?AC;64B;*BB0I@91G:?0JBQ?;D%=AJ6;L*@+H>;=<>DD7D:BAD;B5E8D9:DAC62=N@F@=AHJDF2==F2;B61@:@D?H;B>AC@F:<6@D?;G?>BICC90B:8?4?4EE58B?@-;4>=B*A1<@@@B=<>F=D=A5==?G0D9HC>87DCCJAC>IA@BA@FI?GLA=5DAD@JDEEDB?B6B@@>?7B>B1;HB?CCCA?A7BBE>9A@AIA:?7E7D;35CHFD@9)6=<6G0=D>B;:=C24/7CHAB491F::6AH0B4EB<2:B24=B83:?C:9C61EDC=B@@G>9A=@==@:>>F@7=D6>9D<<3A=>A=@@5;8HD<@?5H>7BD?8P9BEBEHHG>>?CA@)<@H1AB7;>::=0@A;>=:E:1>0A>@>CA@C7?A3?C;G?49AB@A<:EDF:??>@;C=@BB>AB,@A28?;79?8B06A8ABA?99:>BF@>D>>E99>@?=;9>;@BF?EB=<:<@K9;::?D>D;*=F15244>E?E9F8<<>?A??BD>==1BCDG9;:>CFACE8?<;A:@A8EEEBAGB1?=3G>95E7A=B@D=35:I>GIE>@98C@;;=78??<>@:D?6F>>+;B6?A<>C=E@I;C?2?A5<>D0D@A46AE=A?@>EAB.BE8B6>J=D;@B7:>F>=5EC=>I>4>B:FM?=BD==?;=><B=F>9?65:>;F5F;88FDIC<7:?F>E@;E.DJL;=>O9.6H>>E3KGF8BBEB6C>FBA7DB=C-19C>H=GB8HH8?H<;B:7?CNCAGF4@DE@686?A?C>F:?==3E=;5BK8;=8?F@FF>GE<,E;DFE=IF=>EA@DG>EA/FA3CBDB?;<=B==*DD:C8@@-@H=>E:2E;5=<9;=:AB9CBFC2@<4=@5ABBC<@>?=C@G@D?;6A7;?I@><1A@E;/7E6;@8*BAE;9KD9?D7>J/:=LB:O9@G5F8;?F@-=:::9;F?KBG:I?D7KGNCFC78FJ=H9DA>/6E>?L?;E=QK@D>FD>:&;HA5H?BKDH@F>BC==@D;5=;9FAD9I0=@C;?E@BCBF@4<=4<9=<@::@?BBA>?AA@>B?>9:?<@<:97??-;5:EEK,2C3>CE>@2GF7B?9B5;@FA@@9A=CB,HEDC=EBBDC4=D@@?8C87MBG6C7>=?GF<;B?EOA6=JKC8@=@1=@9B?A;DI8(H5?<8FJ=>;AI7L:.F>A>GGCDB=0H8?9;4ABE64>C=F=)B8BC57?F>E4=;>;AAA:?E;C@=J@C:AC:FCC2BFF:6C9:G45;B4?FFD6EI?IAI>?0AC?9;:@;B;@BHF;A7:;G7>D<8DA6?A8;2=B@B??@1A=;:@H+FCC0=A?56?A8GG6B>HBA?3BC;D<74*;>D6;@?9@;C<><=C>?A2=5479E1A76=7:?BADE3:5DBC4<>)=((;57I:=G=;EB?DC;3-AC:=:AA?>>=@ABA<63:;8=H5BCBC@;>=@4>B>A?>>?B=;6=4>?CA8B;51+8>>B>2<=C7E8H9>/2<HB=:;68?69?>9@<79;<3238;=@BGF5.E)?;A<5@C7C9=>3>:C3E?<0:=C<8=6K9.C>495;;3??C=:=BD6.A@E9<:768BF5A>89?1A@9>@I;H>7?=?8B2K?F9AFE>4B7C=>=9A=;:E>;@9@;BA7DCC3F?=?@>2A;@45@?CG298DCCD@BG?GDF<H>335?G5?1BB7@BA@B=7?CB5;2DDBABI?=@@@C6CB+6B9>8BA<584>==;>J=>?D8D>5B69HJB;>76@<9=1=>?@8@;AAC<3B3=:A@G2>E;@=>6@>B@5B9BE>8K978H6ABHAHAAAB??9?1>2GBBD?>;K;LB>EH@+8:<498GK<@D95@H;<@F>?9?6>;>:=C>8?7H6?97DCBC5BBE0J59<@;BD?@@9?>5HL?=@E18C?@E7;BHDE<@9A@@A=?E>9C57DA>5;9::@B=G@<@D=2:>3:6>G:5G=B=5;;1;8G;QN:KABF/>:8<<7F>;I><6/9BBAK76;G;A7:3G@9==E-E?E+0E78B=H;H;4+G421C5F861H9B6C?6HGCA;>DAB11FB?DI7/EM@AA:B8F><3;?/;@F;NFAKEHAI==@GBA;=D4B?ADEC61==E=BC>@C@<4E]@BJB5GA?@7:E8HC>EADB:.:EEC7;;?BP9>J>I@?F<=BFA@755@4=0<3D?:DCEA@79;I9?DA8=GE>:>D?GED54>>B<>$<=;B=DO@E@>F25DG)4@5=?L5?98C;DGDC=N>=5@=@4J>=B;AI>FMIE@;@OD4ECBF?A=A>R<8@HG97G=;E:9@8UK@0DEAED>4A=CG/F66B?63ACD:L;=E4>@:FC>@A;C4.BGBA58@C;@=/CHB<4>6>:=@3=A;A>CBE(=9@C=<-B:<8?;;?DC:@AD=D3F@<9>>/@@7;1G/?4+A@??=:5?99?9:A4>3C=7:;B:64>?D6ADDE1:>9CDC:4!G::AA4/9@:8LJ8CB3@>;<5<7.>:@7,?B>C7?C3:C;@;:?>@I887:AE;?:GD?9<;<9I<->>5?>9=88;>A<=>?===F9?@>==F::IA3C7>@*>=>95AD<@:HDE@?E?D@=9A5D81BD:E=BA4;@E;AA7<:CD;D@?;C86:9:<4EHB0F>97>@F@>DD;C@7@78CGC>=AEG>@78?@@8HD9::H3<=4@9@<4?1F/E7E649F<>GE2<>5;EE:D7=4CE?79=4FAHC<7?=?A:>>04K:7B3:CA;A999BC6C8A?:>>EDGAB5G9MD>?7A?<7H8E?C<@KBEH=;C9H?@CAC>JF=BBCFEBBH@?EB<>DAABJ>FHA<8?F)>3B=FH5>=BB7GOCD?<>@ACB@AD7==CA>;E=AFC6FBD>H;@ACC?A2AA=AKCBA=/F@DCA@<3IE??>5J>AA9:=6>3B8BCCA;8FJ@>;-JDEA<==F:@.2HG>:=1EFM:FBCDBPG<:F?8%GF4CJCECFC?>GBDD.:CBKI/>C;;JE3@J@E;=FCE7M>7;8;4?BGA>D@IQ@?<6?:?>J?>>>EB?:HK0:=;=@B;C7BB<@C8CH@:CBN?HDB;23EC*7AD8@DA86FMCA8CBA3A@B@I=M@@/6772FI=EAIB:B8@?A9D@A7A?D=>C;=D;5<98?:ECGF?=DCEFB:=>8CBD2C2?6DE6??D=D8:CCH@>EDL,6;1BD;C4?8E?D@GC>B@2C>DH>CBA;:A9C<7;A;E;?B>C?=C=CADC/3@F;7:BI;G<=@C>>>ACC<:D>G4A;;-A>;>595>ID:A6KJBC>7B=>=HB?@?AB@=8;BABEC??>C8K@>E-B-3403>1BG@?AA?@C/3G:G;:D?8=D:>;C<34>6A89@7;;C5;E:E8A7=@C::?E>A:@>4K:2B>FA;B037=8BB>AAAA4=?@@4->>:4=?>@AE>ACA;=B9@:;C?9C7<@>BC==AA3;FB?-B191;@;?9<8@<3C5A+1;B+8E6?C>B84';E;EG;<6@84<@:ABJ;)=6C>4G>;>9;?>5<=B:9J/78=4@2D<;2>A>@B95>;22?==?K:@AKD=3FEA8:=<>FCB@A>775EA,7?8I7D7<86JF?@5@6GAGBD?6?9D?A@9:A:BA0C:17=3A@A5A;I1A:?A>:7B:AAF;@@GIHG.A/&=@98A+9=8@=A<=C?B>9H7:>B<@>:?4A???98=CGF>=?CBH@>IDFAA;BB@BCEDDJD<@:IE@=BGEG?H=ELFEDMDGJFC:3E;KCGF98EFBGDEI>>I@;ABI/7IF7I3FG8CA2@BHEIAQCD;F8:HACA9EA9FE?=B:=>F3E?@D,GE7>?E5=9?9>A>C??@8=?CEA@@4;@@E=E8C7CCN=3KE@D=4<@H@9=N>E;C?BHGH@;7B;;6>C@C5>7<6@5O=@HA8:CDK5=D=A@BAHC>BM:;AB:@C?>9IFGFEJR@@EB>LIFCBEEABH?ABJCI?DGC8>ACIEB@<2HF?L?HEIH+HA9H7?=?CJD>KL-E4;CCBJ?:GC;G?HLGB>@F?=F>NF;F;BC96@9I>G7CBB>C2B@@8>LB?8E6>@839@;=68>BFB@BEE@<=>7>8BB@8GA:H??4BC215C?D@EA;@8AC?39:9D=8K5D=A?K<;79EE2=::9AB04.AF8;9CC;=JGCFDB8:>BHCC9:AHI=;C=2ABA?;;BCL6ABI=7B;7DCBC7?BCI;0J:C?EJC2=:EDEH:8GA;8@L>5;DB@GJC993ABJ=@AI<<DH?IB@??@?@FGBE??;B@D59?F=@@6=C>:B:B@D<876GMA@H:@<9@A=CBCCC?=;<<=DG:BCE?62?=@>;D9:EC67998>D>A8:<=7*-8:B?A;99:,7@:6B3??;8ABC999=9=>=;?C:C>HF9DC>=G)7?<;9B;;C?A=>98CAC;;6D@B?AA=,?>:?@A><0?>@2=9>B>9?3+65B<76218@>@DC?C9:DB?B;:=@:?2.B7?<@B8;J?DA533=CI@>359C>4C6?>B@8CA@=?<8:<5:9A5?;:?A?07H@A/CF89:D/GU9??>?=B:BB?ABC>>ED>@C?9=8B>C4>;A@B?>@.<>B99E;C;@?:D:4@4G?>CE=E>@CB?;C:CEB6:;=<4E<:B:85B:H7:EC<@0A<4?CG;?363=3487BC2EA=D>@G3>=C.E?BA;DF>7>AAH<@8??B:>7E8CC;E;9G?DDBAB9:@9=EKB?J@7@3A:>B?/A:EA6.;:B89G?A<5;@D2>1E5;DE?FHC;E8D=?AB<:6=G>?;AF@4>3>A?DCF63A89?1AB?JED1-D@B=A1:1C=B?A4D=-D8>DB3@<=9@?<3>=HEEG:?A=DM@:>E??B=N=M@3A@999>=@C;@DFC=E8G;GC=53-C=<>5:?9GGA:?ED;:CBGLACFMCCDC>2E9>LF?9>E@=A9?C@CBHCE0A1C:AF=HFC>KB;BE?>B7F::A=9D;;A/=BGEBG;8F=J@A?ME?D5>C<:C=H>@CDGO79@18=D8D>EFF8?<;E?EE>G<9:=HG:;HFECIC8G9@=21?E>CACA=BGJH;=B/4M@5FGA<>BD;?AAEGK=F6H@HEB7?@5<:DB=AFBA@>;=>@<<-361I;:BCGAA9F1.B<:LC?96D78;;@>O@FF?C;8G;CA<<=1CC7=E=;E>EC<>B?6<4F5AB<;EB:@0BE>5IC=D=AEC<90QN<7CHAEECC9U@BH@=?AB>ABIEASHEA.C>AL=C7F@?CB4E;AAIAHBBHBF<7M789;GA;B??=JHC@@832B;O@=EC@D@;<@AD<1KG6=B:EDLE=AF==GE::F?A3JB6=A:A@>LB2;H58CGJCGKJ?>:@2=DG2ND=I9=@@:3@0?=1DA;6C9AI<89BA@A?A?/AC>CA5B:8G9;IEB)PC:C:E?<;6=H;@A8>CIEMCAD>FB@?DBCE8D?CEA:9@@?DAEA=>BJE:>4ADG;>?5DB=;>@<74K?94J?9;5@EA<:F6G=>6BC@.=<0==?5;AACBB>8:B2@?E>;5>>BBN6>;D4A;==@B86>:3=HB@>CBB=B0B2;?8?B-?4F10A:>A=A/A57?EG?=4C57?DFC>(A06<:@2>6:>:;D;=@879?>=0EDB86@5BG>?@68B@CC>4:>@B@9A6=<;5>B43,6A<0@K64C<<=<=C4DD.A<;8C>H?I4B8G>8F1=:B@<:>:67B8B9BB:<8<=>8:D@C;A?1BA6;3<>:7C@><-N@02;>?C5A:A;=DDAA@>:7A<<<<;AA;B?B1@C9=5EA73:>=>BE>GD<>=GA?<8=A9>=A6<>=7.;BC9AE6;@=>@8A=E9B?EH=@76E@@:>?NBA@7=9B>@@?2A1:5;@=3J2:9=/2?AAD53?@1.->EC76@@=G=;:?>7:6BF@6C&AC<8?6C;6AG@=<374F=;2:A<8E@8B>87C7AH01@C9GC5?BA23/?H<:BBE?G;B9;B;@4687=>=:<;LA=?B?A?B6>F=?>;B6@BACF;=7G;D-7?AJ?G?=<5@I3>;9DFH>7>JLD?BBA:E:@@;B:>BF@:7A@?<>@C5<9?>3CFCAB<7EC5AEA@F@3>BKG@?6>BA6>EDAF9A>-6E;?GDIG?D>?;=:DGHH@CK7BAFAE58BF*;?F4CEL@96>=A@'A?<=BG69=?C>8J8C@GA5B??.CFFGA<8=368;HB=>MM=M>:FG@>D6;G5FEJ>1?JC;=F8:4<3@B:N:A=ALE85DFB<9C@9E<>>CFIA:5HEA>=FAIC1?;E9D9EGB?JIB=7J?B@B>BDCC:J?7E8B=9>9<:@;?JAC9D9=-?>:6D1H:CE?E@7?:JGH>A>8ADHIACA?.79A?7CGM48@.GEA54=>:;4C9JA>=7C;;<-=?G?7@*3=71=IC<55F:C==;CJ@A7@>JFH9?G?:=EE@3MH@5;@DI:3KHCJ>?K9B@@F>CC>3@DGA<;J=3AB7E6?AACCBDC:>EDABD><=D8C:;?82<1@E@4ED;95=8:?E<>9=@@?7B;BB:?7:?>I7FI:;2FE4:>90>@?B>?>7=FF?8>9'EEG@DBB>@93E<86B8?:><5AB3?5@:<>B>A:9-=9?:C6?B8ABDE@A9J@A>?>AA1=5C3GB>4B76;4=AA@-C=?:=><,L?9-E1;=??A/>4<=6D60D<;=EC69@EGE2@@E>D77/?=5?@?E@1A8<:A?@A9;AL<<6A>&AB>-<=G8AA<1E0;=F;?;:BDB5@?A*G?55@A79==@<69I3BC>@G)@@BADB>D2FD8GA<584A<7@=9C>C>?29=<>:CDA;>C=7E6;D8:-C@:+8=@*B@D;?AA?B5?68CAE6;D@CBJ6>?47@=6<:=C/>G8>58;ED69B;>43B?:B;G<;DC>33>ECF=:B<<@=GB/B?E>B5=:C?<@AD?DHBCFDGBB@EJ>>DB:@>=ACE=>?A=9H@E>0>J8BC:9?/I;@?C;B===CB@;<57@A?>C7E=A@@GBD9@9D<=3A>@@H5?;D<+CC4,2D<=9?@6=B:?J7BB=?A585B78;D@EAI?BA=G8?AD=C:G699J>6=43IB=BD=<=LE:D7A3>C4?KH@FA6K72?BKGB>@D?GHED?DH=HEC??CG;EHF;?=EC=A8B;KCHE8?;6HABD=J8=;A>4?CC;>H>@@=>=E774;CC>@BFG@:AC?@?FG==@>3,>G@BB?HD>D?:4NEC8;9=J?>>B4=<@7BDF@<=FFO@:F9>AH?;5<5E8AQ:>2ECB=@H=7:BCA2HFBCFF>?1:E96>:8;3BNA>?:@>HG<=?B@?CC=BCH9>9?MBAB8F@9F8DE:H63:BCTAB??93?HI>?D:ECI@93BDB?W>?AB;?>W=EFI8=4?H>E:;@=AI8OF89E?C7ECJ?<;B@?DGB?EG@@86AA>A:=;@5:JGF;>DD8J3=4/LIDJO0C;<95:6CSFBC;C??:C;E/?LA=@GC@94CIDCC>A?HC>BGIA><8A13CJ>>AGDF-C1H9DJACI7FB@1>7:;;GC>=@?>6=EB<;,CA?2>3F=CJ;FE1:;-D>:=I6CB=1=AE7>A:;D2>EF>BAH<>?@>?C:4=9H6CM9::@@?<@AFM>>4AH44?@C6;EEDBH?>A08D8=<2AB>>@F>HD;GF=>;>9B:3=<7:<>;;BLJ7B:@9E=J8?F=>D:>C=>6=FEC74G:AH8;=3>>AG;BDDA=G63>=DC@G@FBCA@D/5>D>>=?3<=?EC?9?C?7;;B;HCD??B:G;DE>:<8?9@F>F<>FF>B9:;>:A=<>6<1AJ@>3?2>?=::;@:99;A1:GFA:4.@AEH7@A:=@<=@>B7>E84:?=C>D>C8F>>:E;C:G>:>1C;?D:C:6EC9=D4C>5>@C9A2C;-;;CD@<6A@>9-FAAB?@6D?CB??A;9G@6?:A:::=FF@EA?C7=BBD=>*:>/@@?5?C<:<>A:D2A>;C>B90>808>@C9@;8E=?C9;C9A>66?A>DD>E=@BGA@GC<>?EA?::CKJG6A??CDBD9=B>><AC@E5H@K@<7:.5BFAEJD=F>AE.4E5<:6=?5A@FG9DBAB?@?@;BG@G=GEHC<9@DC6:D=H?=CEAI3:<8D8=?7EE>:=><1FCBGA5=@=?8E7B?6D:>2=GKD?F?7?=@>A:BC>EE8A>B9G<;:8=;4=F4F9AHACA@CFIA6@>;;DHACB9>;@@<;A>AFGA>DLCCH?I@FD=CCD:C;2@@>9A>?BB=F@:>>.HDCC;A-HEBCA89==56@E=8@:LF@:?E994>;B9DBQB:D2DD>B8<D?L1JD@=D:FA=DG@?FAF?@?GB>BBND>>B?FE?:C7ND<=<6CCAGBB>A:AM66;ABD?7?E;C;@93HBH7@G5>?&>D5JD;C>9FFQDA92DIDL/A;B@EB<3EF;.A;GEBGF?@5G8@F;4J79.>@F@EDR@HFB6>JLKCHLIFBB8HO;E9JHG5DB950DAJ>>8C.;EC>:@DF=AED0@?6A@D:8BEJ=FDC2?;?F*FF>ADHE>B2F'?@0?G4@BEB/26@@@98?;>;7;6?<=988==<=<4:?4+4HA47>:=:E91?D?8CE<07@;?B;@C;4:G=5B?6=A>??87LCBA>8=:CB?=AE@=CB1;AEB@?1CE;4C?B<6F>BH4A?>ADCGC9EFB<::?>E<@;ECBF=E=A9A8I<.=4?:5D@@F;6*E4=>@C?1@A:25DB@2?>57>@@BA<;@C4;7@;0=FBB>>C=?C??A=1?=0:;8<79;<=A=>B88<1<>*?;?0@B?ABF=C@2D<:B4=@>3@;=<;<3;==<5??B?/=8@.JE4:9@9@C:=;@1AE7F<1>.?;;?:,@:AI@ACG=A=+9BG;979:=7?AA9F?:2B.8AFA=AB>C>>A@A>9CC6;>:AC>GC<5>.BD?@96C@A==F@B?1;F?B:A=;?:=:'A<;>D<<<@DGE9D7=>9?<;>;B8:=G=9:;F?E<:BA>B3=6=B4A?>8=HE;4>A>A6@;B74ABBD>GAH?L=D9>>/CE=DA;:?A>;BA<9A;=AB@BC%>;66BD@.54D9?=9C4?=B92B8<9=8@;>=?9<1<3:9<4;E9=39J4@:8>E>;@G@;REHJK2?FGEBAM@>=9I2@>@DIEGCJEDJBBCHADFE==IB9ADFCB=L<>:?@DFDH;C5BDEB=8FAAC=CHH6=;EFABAHH9FB=@BD<<@DCAAC@AEIJH6CC=B@@>9GA??AIKFJIBG>ACLEBBD;=JG=B96:6B;ALB@>BA:4?>D9;6A?;M:B@7:9816@@@A+A@;@O?8EB@B@?F;6=8H/H?D?EA2BEJ779@3=@;=CB:6:=@A3;?;5GIH<=ED8;G/DH0HG=>=:B:F>A5=9BHEBAC71@C;KC?QA@A;C3W>@;C;8KE7BC4@HB@CEB5F=J@?E;;ICA6B;D<7;D1=F:H?BDL=4EDBEDF5P?29CB9C@/E9?G=FH;FD@C5;:OJJ:=A!@HED=D;A@3FA8=BEF976FEBG?=B:AA>;FL>;4DG<=CH0>5CD=>5JTLI>F9887:4K:9?8B=;D7<@>?8<0E>;>6DC=C<@95;6D<:BD8;>?>E@>F??DBL-@E=@B@8EB5D1@9?E<=0-GF<>=P>D<8;BECB;3?=948HH;5C'DEB<F@@5B>HAALAC<6A:;3BDG77?;=E=8?;?;5@8;5A:E@HBC>D?>@<3G><9G>97:;:9@6?59BDDFB;;6AEFG>:@A8DC93@:<@:?BA=>859B>?<6B?=@=;I?JAF?B7EG??I;BA;?@A=;F7==5C@DDEA<=;=A>>C@D@HDH;E7IC=@C=D@CEA>/=<8?=C?>?A=1KA529-==?9JEEBE9C@/89;8@224:H58F8@BG@;>?/?0>:@C3;?AD77=C?D7?>;>B:<@B??B7?7684@;;E81<>>GCA"EDB?=F94:3A@:5>=6<>::31=9C@D2@L7>?>4DA>3=A=C6FD=6?D7DG<::49.;8H=6DC<:>>@H;53D@B=F=9>=:@ND?C4>9JJ:*3==G?B9AA;8F;8A:ABB8CFC7:>@@@92:<9D<;:A?74;GF:8G0G@9@3A2GGE>;OE;B4H>;F@;E=5?D?B<7:@HJA5AHDAC=FFCB=DI9>ID=M9HEHDAEG:;:EE=ECF=ADCADAFEA9=HC?;AEG=@:5W@DBIHAL>>AHCI=G=E?BC<@=JGED:FD:F9=IE;EB9.9E;?5DABQICQ>AA6D>7G8E?B>PE8<=45E;I>BF@EBJ9@>4BGKCEBKGG;A<8?@?CBFD;F3;>B:KE4BBG@6E-5EA>EHAB@?JI6<GG:P;A?@<<>AG=69;4+F=><8:MH8AD9?AJBG:.D;68;=?F:H;A@>=F>@8>+5JB:H;9?L:DA;ALB2>,7F9@GB:>GGB27A:C@A"BI@79>HC?FF@CC@@:FAA@CBD@9>>=?LCD?CJ@E@D=4EHCD4EDCBE=B756BE:=B=>I>IH>@D>=<5K;JL@E?0>>>CA9ABAF?CE<@??NID=;;FACE@1@<9>99@G99FG>;G;=@@=@9?8;H2*-B?9?F>BE:AAD9>34J@=<@BD?/<::>2?=@;B?:A==?=>?A<;ADA=:>:>7D4EEAB9<<4D@MIIA>:339A;@4?:AG./4*:7::@37@GGG@;AF4A@BBHA@CAC:48;G6K9;B<5B?GCC>=@GA@B3<,JA4;@1I;A?>7FA95>?7@A9<;<:AB?6J:?E1=AE9@@==OE6>??BF2=H8<9=ABBF@CEB>D?=-=DI=BDB-G<=B<;C7ED=A6F9;E45CE>9?F.=?7>B=36A?;3C@I@65;@>;5C>:GA?8BBF?F92CA?:9@7:?FD>E?4J2@8D6:@8DHJ.>=@FID@F>9>;4=E?8ADH<==A6D??@KG:I2@@7%DG@CBA=?C8F29<>=@E5@B;A9.;?A6A42@A29A3?7A/8@:???>?B>BC?;D?C;6>>4@A0@>=:73:CIB/EE586D<@;@C:<>ADF8;;<@9D<48=494FI=>G=AD>=95CB3:>A=@EB08BD9/E98?@FA7/D:A==CF==C<7BBBC-24ACBB?4;>D9;:@>FA6G@DC9EB9B9=>?E99@B@A9;<@?>@@<=9A?=>AD4??;@:>7?C?C@A?:=@3=:1<9:=GH>8A:A98AAI8>-B81D98:83C?=35<7:F6;>946,238?BDG9F>B9549E4;B;L8-=?;93=8>;1?E>CBA3>=D@DBGGE?HBG=?BD?>>5>,>;C=EK:>H@H8?><7B9:E@@=@>B;8CB>@=BBB=J=>?>B9D:I3@I@:CC<@C>CDL@DCDEA>?D?CD;96F?FE7;B@4=BABJ?FB9?DE>AA:97@AB9A>B=C79A=<@?>?AC8@=CCA?MCDL5C5AA?@CCGBG2=8:<:D=EA?8B93JC=;2<=.);>:H?<@:3;7<@>B54H=7H:B9>DB>ABFG;AE;E@:E;MN=?C@HI@CICC@?>DC=EE5G?A?E;?E9=C>ECEEB68>B>E?FCDCECEDMJP:?D>A=AIDBI?D>BC?2EAJAA=;B0>?4;@B@4-CC898A4DP@==E;>>9398896B?=7M99B>DD:FAB@=GBAA>5G>?CE@=:IK=EC=??;A;A@D;::KBI>?F:EB=GFC==CE/???U@@=?DHCABB8;BKJJC>J:BAC7E:DAAEAAFCJBEC>6@?E=5@JABGA=C?AIC?@@@>LCPC;BB=J9AAEACFDDFC??>DM?BMDBA=>DJ@F;==J=9D=?@87;>@BC@B38<@6?ADKAGG>:<@>8BD>BE6GB=G>>DADAA4@GB>@DFC6??@>D@AFH:BBG;;;B@39AAA;DEM;9D>@B=9B?;A7CDE3G;C<<A0:B;=>HBH,CAA:A7??F=EED?=7C=98AF=C/A>?738@CBE;@9A@>D@C7=@F;=BA@?H:@@?3@:6B;>E7<>3F=>8>@B8D:88:;7;7;;;@;?.@H:AD:7FAB5A7:,>=:08C:A?D8>9D3<2?C;97<;A69:7695<@8>E69;<5@@?EA>@EDA5>7CAA>CC32>CD3;EFHD<9>AFAD>J3D29A?;4>B>C8:@A;@A98<9:9?9<7C;A@;==>BB7/+@7=:9;C8<7AH76>>7B??@I>G@CICBG=9@E2>==7HF:E6=;A>6+=I;@BIDBCD>;@;@5ACEDCE?B<5BAHEAAE?3:GC=I9C?7@@9HA@85AG6A>8>976BA>8C4<;AH79DE=/=FE2@0?5D3<>G2=@?<:=@135DBD9BI>BD=?<6D><@CGACEAA>B<@DCAAEC@GAHA6>@8CEACCD;D<B;;7<>8DEEIEAGC9;<9AF)F@8=81B2C>>@7@@;;6?G??<;F8HB;BK@97:774=7>8<5?AC9;EDE?D@BC89F@CA@?@8G7E;DD?B9B@?5?DDF82JCDC77B;;?2EF=?9EBK>;4?9?>=4;=C9C896HBA.D:EC3F;:ICGA<@075HE2H<4B8:7<3@8LK3=;+5FFC3=BF;;4==<8A>A>?CN?>8@@E7?;<;MLG>8JC@ABBIEMC=9F<=8=0:6=3JHF8EHA>97JC?0>FA7B>:5,?@BCAE9>GEFB7GGL5GB>D<>H5:=@IF?>B@5?GA@6BB.EC>MD?B>=>CDA=BC4GCIG*F?BI?F@FDBBAM@D?1AG7BFDDBC;;BECDHEDBG8>P>=KGA?>A?<9C:HC;5D4;EC9CA7@>:BD;?AA?F@AB=I69C858DFG=9:F6>1A@1<5B?A;>@@35H7D@FDE<<<=:6G=C<>D4''BF@E?FK;>AIE@BAFGBG?>>?<;.F=;=B@6LCG=DF6B2A>6?B>:8A?>CFB>=?ID?=DB3AGE>>>@B=<98@::>F?4C>>8E=D@:?E)>4A54AD@D>*6@?B?;>@7:E78;3B>E659;==?AK@:B=8B.>=<;85HA<>:FDA=?:D6@5C2A8D@9BABFD?=7811D@;?B;.BDA@;A;7@;9EBC9B9?F8>1=C@3?:7;*H4A@I,>>>?C;D>@/:@9CAA<9BC;?D86D9>D8FBG8FABD<9<6;D@A;A9<=@;5G;9=4>I<6AEC:?=9;D?B@AE?HADB:B@9CC'DH7D9?C;E4?CE:AH?EAAFB?=7AA=BFGGB;5>D135@>8>B@:A@4E@>76;3@@/909./>@?4=;1:4(C6:BI@2A@:@F6@;&BE@<;9G??1.07;<28=;@>>4;5B@C977?9C?D/47:/AHDA46=5FE7A>82P8BA48A==AB3:4J:J4CGF:AA>F?AE>?A>AJ?8AC8F?B=CC2G7B7:AEI:?F=;BHGC>D>6BE;@E;:DIDGJF7;>6><@BF??C=>@@?@C<>:;BB@=:B87D@>=71>?8;?3;4E2E;M=D=9AA;2B3CG8:8>3E:89/EA(DG@:=KHIHE0<@EECQA;-:BD@5D;B4?GB==D2GE;FBA9>>;9A*A=>AF;MCA?@@=72HC?DDDDS8:>B;@JEJMG>GGD;AF6AA7JB?QD;C71>D6:6?;666DB6D>E@=2=A?>2>;G?>6EFCJAD@@6=KE=:=MC@B@JC>EA@ECF84=B7E>D2HF::CGBECI@A@?GL3A>+6CA@=DEHKB:CJCH>E?;4BBAF@=GGB@B@?A8?B@K>47ABBCMB>1:;;;B:7@?@AA/3CCGA5G;8BIHJJCA=GE==6?AAB>B25>DAACBD:IAFJCB>F9EA>@A:AE@;@<>2>=HACFA.BHEC<;C=EAA@EGEHD>H9D;9:>E>EDB;;=@J>EOF4J@=IGAQF>A>8?D==D=?HHAHI?>;BD3>@C8E=/?>?59:C7AEA>A99D4<;:C@F887D9>89;H,>?EBA?2C:/=?@BC5E9D=?A=><;D2CEA@.>>47G1EDBC<;:CBHA?FB6?,<@AKCC?7G=A89BC<8C<=B92<:B=9775DK?5D:?8>@AA>;?BC<3;,87;BG4F@D=A@@IG4EECA2A7?@8E9/CA2=?D<<46:+32AB=>36=@:BJF<:=@7?=AA89C6@F??=C4<;?C5C;C?BB;C*??C5A:@D3E4:6I:?;CE=H<===@A;?;6AB:D=@98@@H<@@BA=<@9<87A@A@8?;FDF><=;=6;5<+AH8/D46?18'=3F>(A:B7?<>><>E15J229?D>=2DB>>7*>F<<3975FC@C:D>:7:75>H?<6><5FB8CICJ=8>=DD;E76AC3G@7HF6@CCPA9F9JC?FB=1GL=G=8;:EHB=AI9C@C>GFCBCH6D;>?=??BBCMCF9@9B>@5LM@>HC4E?FCIC?KADIC@9BEBA;B1A:5=@>>A?=I>C6?@;D/F>A5=>>DA@BG@A>HABB4>40=BA?D:;EBEH112DC6?;/;H;C><>@>=J??G@>DE99EB;:=7@C1E9>5ABH5;>C46A-A::<>AA4:;FADALB?NGM9;=:KD>F@?5@ACB;?6=6>D=8@;@;B';6DG4BE>CD:<;=A9??=<>A=5;C=3?=C;LDF6C<=BFD:B@G217ED=6D=B9=5DE?A;G2HG>JFHEB5@=9<=A<9F6IAHA?A;9>@9=I;E44=C<6>K>A;D3B81IDJIA9?>CHC;0PI5B8B=9@KHB5JJ6,=>8;@24<@N:FE;A5CCE;NHA?6>BDAAHC9>2;7IC2G?CE=AE=ABG?E?C7KDF8D=5A?>=:@SC>?A@@B@@DB;:E?@F?HGEKADDAA;F@=:OKE?D>FGAAC>=7A6A?C>?1>D5D;>F;F3E@=FGB@;F@@B:;EA+?BK?B9C@HNB65A5FR@@CAH6B.L4F>@?DA4=NBDA??@2>@@@CF>;F@@CKCCB>DBBH?BNBC>B1>9>?CD:C8<8ID;=A;7IC?FH8-AGDA6E>JE>?F>@2BC;AJC@?CBIF>:PH@A@B;CC>>?68C6K:;H?IB:GBD4=8D?CED@UD;;<8@?F?=:1?F9=:?<96E8F;9@CBAA>.=07ED=<8?@>$;;==>;=A=7AB=A@E=97.E2C>:?33?8E@A=B8H=>?8AD;BB?;K<9<92>=?C@5D;E5;=BD:/9==@A:>@8=B9C5=DAF?DG<9;?B;@?@CA2=@LA@F;@D<>F;A;.=C?@D;F9AAABE3@C@:9C=GDB<67;3H7@?BB:@?D?@A=EA7C@;5C;KHJA=AHC;>B;C=>2?9:?>>E2:5<;939.,68BF6>FG??=B=,=@=C:B4.>@<8=3@FB@F1?D@>AB@ABE=@GH:@=B3AB7F85BAG=N7DCBF:9B>>=;:BCC8@KGC=5?AFHG=@BAFDD=I>9EC=G?FDCDA9E=C7DAB:C<16===7@H??<=K?>A?>A:>=B>9;:A>E@.C?A>C4C?@>:5H>9;?9@/8::>B7:8/9C4FAG<=B>>D7<>DF;?A36?>7@<@:=?7B>>3@EGM:?0;=?EGD9?/:??@:?:CID==B8HFEE::ILHE@AIG6AC>FE@FB?=H:EMN5?F?HF?=DC,AG8GACG55DL?7D@?D?EJB,,?A=JC@D=8FB5D;;@BB?GBJ?AG3M38=7?=GAI?<=9ALHBEBC1FID@>H3DCCCAF3LE?HI?LB8EI@@A;FC<@EB=@:@G@HDD@?>GFD?@DJD@GHMC>=@??3KCGGF?K;D>BFBA@;J,8@9>Q?1BEB2L@?;=@2@-D643FDJ?@@>AA3L=>52-AED?=4>@>D9@I>@?HN=I?95?<=5B967=DH:;HC->=264B9@@DA>?=>@EE4C;>:A<<5@KD@G@E@:CF;>B?ADBDA@O4@E:BG:H=DHEFFFD4;CI$:@C9>K:;8=:@=FJF=?@AA8:??D>HA9FD>B=?8D<8?CK=::EGC@99?A;;@BF@@;E7@H>F@BEH4D>9KEB?5=MDAI:I;=BDB>C=C:=?B>:@EAAEF>A2DGDJ@HBB.:E@:L;3<9?2FC16?>5@<0DBB@@>GE=J9?8=;FB?CF6@AG8@;8=><2:>C=5F48@CC@>:@:>G@99;I<97BI>:EC>CC5?=DBB68A2B@A9B?:=A>??B=9B?LG5DF8CJ9CE?L;<=:CBC=<>;EPA4>@DHL=????A>9A>@@B>;@8IEF>=@C:CBHF6D;=93GE@FF<@A=:A2D8FAB7>BB56??@C:AB1@A=BEA9<@I9?A42>:G9;@789B;EC,A=FBAA=E@@EF7A?93?;G1??@-FCAFB=FDA8AD=D<><<@DA<@EH77DGE@C<<;4@?.8L@?C4@J>9;CHA9C@@1?CF;:K8C<>C@H=DF;86E7A;6)BD-:@>F<;C4A@=D53.?9I;IA=29:B>=@2:><@+*F:E>/@@0FA?J;@A9=@:;:I7:?F5@8CG:*.?@:3>9;;?8:B?9D6:><=F.?CAA<>/=11>1>:7I:??C:G?D9BB2A6GE@4@14>;:G@5A2C?C;H?E;396;C:E89@A>;>9<><>B@:C=@;<=@93@>A?:=JD<5=?=9DCBB5=9:=;13E/B;<=:$=A98B?EB3BAC@B@D:@?7@AA<48A5D=DD9=4<;;G8:=E1C6:BG;=GCD9=D/67F:<67<6?4?H<@C@@>?;;BBDE@1:CFE3;DC/A@C>8?78HEDB?@H?5D==K9F?@?AC7B2=<;BBGB8@=G>EF:EFC=B4I=EC=F@E:B?BG<<@>LJEA@=J:F>8G?B8>89@=A@?A?:C@=?D;D16IEG>CDAB>ECGCC8>CAHAJG?GEDEEFL?6;?A3DI/?@F@BFDE=I4>9CI>CEDIDBEBHA:JFFECH=@?@E0=82G?8D388<8635F;HAE4;?E:-A-7A<>CE@>=BCGF33:@D/5/4BMBL6LH?G?86J5?>DGA;;>BG:9/M?>=;C2(E2;>?<<1<3A86FG@AB>E;F>G;CO9;B;@90J7;3?=1D=9C/8@E5G+BAAG;/>A@HRF?@D0PBBB9?G;A?BFOG@D?BALDDFF6?E9GE@AGALRGE@HAD@>FH@DABCG6BDFEDFF?HA-F?DACA:5@=@KK>EH=C<>B1;E<9@F1=GAF>B::>0?DKICG/A>E?>?5QAF??@G@A83DI5:C?<@>B8:L>DKG=BDH;FA?-EB>>9=5=75EHD0E=?LED8GCB6CBLI8FA9H@?@BD?C;A8D>D6B>D4<=FAFEE;>@@G;;A6B;EBEC/)?>B>JE=1:EK=B@:H;CB@=:C:@8H>CEGI?1=J:FB?7A>EB>2D=738:H4CC?:G=AI9@2=>=A?@CC>C.F?H<>CA@B@;=69A?=@I6;FC<;FAB8DC>:F?>9GDGFB<7?E/09H@B1F>;D,3;@@?G7@.>:E7=<8@EE1BC:EF=AE:7D:BBGD>=FC94A7B>BD;7;BC;F;8EJ;CF6@ECBE@IF84D;F=??>=>?BDB6IBEJDD@=C5GE>;ACB>AFJDB8=><>>>IEA=E:D>F289C>CDBBE@<:@>@6A=6AC??@C?4=@?E::*A@@CC=3;=.DC>=>@85=55E<<:AA??8I>;B9=C?>@79GC:;I3?<9DAE?;>?<88JD&;59H?FH<5IC?A;32?H5F2=>FA7@;C:>BEFC:?9HEGDK:@>>;)=?=;9?96C8:9<4A=BB@@GK;AFB9E>IB?6:B<7?B2>C?A>=EA:;#9>DF>>1?>>4-;:8A7H4C@C=6@DI<6..->0;7C<6L=CA@>8/>G$=@>8A0@;8>=?=@?6B@6<50:E6>2>G>@BE8:A:D==9+C?=?E6/>CC>CEEHHA=8@?=D;D;/CDFAACH?J:ABE==;?3@8B@;MJF=E;HB=EDG>=B;7JCE=D1=/;8>F?=1:66A?:@A6H?7D2:2DED@?DAM?=4A9AMH@EKB=>8G@:?@>GD:ABJB+BDF@69EGA7::C?4D@9@8?B4B6D==C.@A=07=AD/=;D86@AF>>EA=8BG?=@3B?@I?D:ICRN<=F4>D<6D>;2>96G:60::>H>AAG@=F>?@8BGKG1BE;?=;44:JG1BBBE9?>77>8=>;637;>7F;I=>H6B@969A4.:7F40KH=5>@C@79>@6<<3;>BKD9E=G2E=BD49HEJECAB5J>;JTC@D>FKB77?BCA?E9H>9AAAEHD>LI4FB>9=7C>>>./9ECACJ??GBHM=?<;>9F>>=/B@?1C8@:B9FK@@JFD8=K@8@:54L=DC6>D>DD:9>?B<<7E9>;@;BB/=B:7-6J?A=-.F;JEBIE8CH2=EKF5?A4CFIGF=F@>A8FGB1H=IC=?'@;E?>-B<8E?@BE9@=ABBB@@HAG3=G=7A@D@@?@@F>7CFA=?>??B<<8@G@CFA<98@ALAFA5B@4==HD3MI@LEIBE@H@CA6::BE@>=8F==AD;7=G;FF>52?B<@93>:EDA:>=A?>B?;>=<9>AA?E;@@3:BAD5==?;D17=0F?=CA9D@99A2DEE@D98?<>E66=;>ED:@:A;B6:F<93E>B?:7;F@BEE7@E;>E<:93@?@AC@B9<93D<=@?AC:>4<79;A6>2BG>.<:@B@C@@:@1@?79<13@EB98@A@>B:C8?6?BB<>B;:8E@;9/@9<=C=92:E=N>/=@CD:BE=<@7>@394AE29::==;:C>>A=89FC?6>)7?@ADC;B9FC>!=B6?BC;GAC3:9@@6;A>;A;=;E9D8C@BB=9<4LACE@8>B;B=9:2BB=B@=G>D?/:>94B=B@<=28@?>.=@=;:FC.EA5>C<;7@<6988B<<@DEA:C:<<<6AE71=<>:,32;?D>@<;@7>9>,,96::8,D?,/H=BK:5B<6K>8@;<4?DG>5/1;?<5;;F<;DF;?B?61A28<6>;8.B=EC45)0?7=,925D=9,10>6?9?964;@DA>>>C@A9<=L0:AC?C?@B8EBB@7@G@A76<:EGADE9JHC98C;C@7A=BEDD=F8HAIACD9?49CCB@DEDB-AG89A9@><7A<@36:?IF:HG<8;9H?<<;>6EG:=>;>@H>4:5DC>@?<@I2=8>?C?ABAB@G;?G>CD0=BO@C;A8?D=FF5AG7D?G7=/E?F9>E2@DJI==F@3=7N>,A@5OGKE;6E?0<:>ODC8B?;?8@<>A:1F7C97>D6;9GC;=@@G=@M<>G9:@I;/?9?86=90F=E8KC9A=:A82<<7E73DA?HFAB>@?>J;1B>HB@C:DF@?P7:G?:I>;ELM4K@BH:FP@?DE;ASB>CA?HJO:D@:F2FQC?AGH@@DCG@ABEC8G0L=CHPeLTD>D8?C:G@5@=2=>>@EB3N:IBG?K<;A;PFA?@BED9A<9CA7O?F@CAJ>3;7A=7GDAB;8AABCAA7E@>7GI?BD<;3<@B48@>6DBLLGI@>@BBCATB@BFG;F=CB:9?3>BI3CC4E5JH=@>>OH??I8H6D9?<75H>=DA>A>J:=IE=B@H?B9IBCADAA?D=G>;A;CCQ7=G=>FD7:6;FK44AA?2H;?>8CCFECFA<>;69E@EDB>KE@MDCE9J1A@A>F?AA:;:BACC===F=AB?;<=<:<9A@IE>;;>BAF@3F>7=:A@:KHFAI>>C=@:@9BDA46DF>?>?;@A:B=F>>?FDFD?>A?8?8:BE2:86@A8=B7CE@7J?=G>B:AA>A@H@=A>@9>@;.?==E@@?::A1?,@=;8AE;?CCF@?BF=@>9A3=G8FB4B9C>@:=?ADA7?997GA;:>E>CBD=B:@@=FMBB@?85?9;CIECE?A?AAGCB@HE5?@@3;GACB>,0FDEA<<=<@D@I3:;A;6@A.C>F.EA?B6>D=6?8I;8=;<:?;<=>E?AAACCC>;DD6A:@6<>I>1?C?D>>@A6=4?BF>DAB;8>=,DAF>A:<:8A<<@BI7G>9?28:>A>;LF>=A<;5><7ABAD@?9>0FAA0392B@8CFJD<3CC>A0=C<26B/F7<84CD46@@G?;<7<@?<9:?4=5F>:142;560==B;?C?F9>>68:7371?@;B<@A;>=C?@16.;4B:@D7?BAA@?A>:>:>=@5>A:;AL7=BC;4:C=7?CF>;D@8A;HB>@;@A6B?@=?CA/A:,?CELN8CHADEFB?6<3G6GE=<0>DG=?A8<@D@?I8G@O@CH5CCJF?89CIAB9AB=@BBCIBC;4<5=G;FFICE<82?B@7?:8H?=JGE7:EBJ8;E/5@G?;AKH=>HA9@CB?A@RBDC:KN?8?C>3>1AGCGFDI@@60B@-A8@?DBG;A;@9BJD:?:AB:BF==<9F@2B@AE5JE>;<>?FE?:AGI:C?=>78D:D?>C9BC=;:E8.E:AF=A=E9E@;69074?I=ICCQE*>1GF>9>FHHC9BBF+>?MH?@@?=@AD<=B:@BB86EB<:59?5?:5A=@D48G>:?6F7C?CD77C>BAD<=C<9?A5>PJ==?;;::DIABDGE:9.FA>D>IH<3>D<?A7F?C89:>5GE7LBGB@BB@??I;>A;=GC=E4=EAC?@K:6G>1=F?C=@CE6.HG@?>:AA.BBGDCCJ7B5O=9A:7?>6A>B@757>>D>?5>>:CC;E8A=D@GJ>>/7+?@:F3@C7K>:77AB4>D>8>?5A<@?AGA==9=;>H877AD;EIA@;=J=<9D>A<9A>A=F5FD>I>??8>:DFD54>7=2@81=G:+7@C,EE8A3D???BBD=;645=>=97D>8>:3=;B8>@>479C43;21?7@=>7@7=8?E;B97A>A:4C6=:=:G@A>-=>C4A<34F;<>1?-8779AH><>D>3B47C8C:+<=5F8:474D@?A@DC:@79>B=@E3A>;799=<6:91=<:F@8<><9=>;<>@F=3@6=B9?8>G6L=@>=D+9>BD.AF>B5;F<73F8DDG=5=<<@EE@D7J45>A8>:E=B<59?>;8<@=8=F7:?=?A<7H98F10;@.I?8F397K8;>A787@F:?7=B@A<;B8CA==;D@=B;?B==@8E5-<.A8;73.<3=7<88;8>686@E?;F=:40:DDG@=B.<-9E.<7>F?<7D85+=>;>:E?CA:@::65>78/=:B<:>E@@C7BA?@>F==J9396A>G9:CDE2B@>A9>-;C<;=41C@07@DA:>GB=D?<*A2L18;E;HMA?9CAB93GF8C?EA8C3?474FCN=F=G;?:CCC?A?B?C;H;E?A:=BD<;E@>CIBBA<FJ>HCC@G8?4@C9-=4C>CH?=F=?CA<7;E=DGAG@D:KEFA:HD>G=FAB?6;LMF9/ABC8B=A@58@8H;AA>BA<2VAGAA@>>H87;AD/C;A;H8HF>@=F1B97BFB-8@106@0$:G>@=:?=G@BA/8F?9B;;KK?=<>LLIH8;=C?FE:FA5@6<>I1>F5P=DDAIBIC?IAQ?DTB;>=FQLADFI;?J3GF<4@B@ID=;3B?@9?,;:HC?3??47=CADFAF:ABG@C78F>>:8A?C==H9J74:CA9=>8FC9JA?F/9>7;<55:?5GI@=5>?@>CG?D9FFBAM?BF9?>F;?B?;E=2,>?LEC;E<1C;@>A?MB=AC8F;O6=:B4=8@MA=;@H9C<@ECDG6AEBC@DAA?AKB>JE7;A/<<;C<;F;CC;?F6B@FBACEG@=9D@??@E.FA=3CJMAF?FC99=@C3EF@BC>>:;>FBDB7MDI=>8=4=C;0>>B;@:C??94HCBG.?@@B73D>7-E16>9:=5?8;>BGB9?:A<<92=@>;3E>@;?CD=;/?51:A(AG5:@;C;>88B;;D.5C:D2B;91DGA>B=@>1;C=EF8=B?D>;BC4F<==PDAD95E5A=;<=@@=;0;;BMJ@=E:FCBCL8@1;:B=C<>@?B>=C:F47?D7@CD7<>=;D19BB>>D:?=;:/AFF8:?.18CB=5@A3>>AB6A::79>:9;.?4@D?BCC2:CF7D@ABJ>>9?AJAB;;C6:@J6=D@?=D>;1;?J@=/M:C6P7;A@H:>:6<:;;AE9:9>??42A79<>A6?D8@)I:=?9?9=5=:8874>>2A9ABD@L29C4<@B;C890?B@.D628>5B35B?>AC:C<9=A6??IBC?D;<;=G7=??>A=)H:BD?9<@7AK;AD@=:AC?@;KBFD2?HA@C<>=5?JA?:B;@2E?>?D3B?6?E@9A7>:DAB9?=B=@6@D;C2@:C=96@EB=@;<6=99=AD=?7CD>D3.F947;:C>?D?C<:8;>:=157:A82=<;@BB:8:;5F>B:BAGGE;<<:AB@M+=FH7E?@@HH>L@=I@F:7I8?BI?F=?JFAM:H@@@HPADD>?@2@C<<>A>;EA?NICED;@DFCCEHDCHCCHC=KBF;@AI?ECE?B>KG???BOFC@=AAHF9@:BI=B;>@GBDA>DBJ;E?E:==CJ;:<5B@B;BB:>>OE=IC5=DD@HA=>JCH5F<89;@/?F@DG@74AHED=A85H?9HIEFA@?FDDOIL8>5E@=F=K=9<<8K=1CF7AA2A6CB:A69EG2A9:8@?B.-7@>>=>E@;C<29=EK37BGA>>G5JBC:D<=A?HD8E7/?@>1=E<10CD8JG6D=>??7;;4E5G9A5@2=EFA:ABH<>GFB=@.:9??8=9A<=@@V>@FEC@4@?CDC;CB2KB:A;><<@F;C7C?FIJA>B?A?=88O3;GH@94HBOBB;BBG=>=;4AC84C:>H?9OE@<83C?AC;=LCNFAAE'C3B:FDID8>;;9?5818?BBO>B6CL8=@BEA6=4FBH7BD?FLI9<>9:;0FC??=2=B>6?<;?:7ID>;9:@IBHFD@BC>??3;C0:?>?>?F4;D6A<7.DA>?ARAI:EA?=8>=ALA9FC<:??;=ED9MB?@D586FGBBB?>C?7=<6=G@A@=DDCEJAB>=DEF0BD,?@@?>CD>LHA=GBA<6M1>77B2;>7:>:;@=C>ACAEC854=H>A=@D;=@=;9=DF?;7FC3GBGAI>8C=BDD?;8E6@778=K,E@;5?A?A;4==6A5D@@?=CBA<>K@;3?H>D4AF==A7B:B:=C>@A>?GDD:D@C=;B=9@@D?,=B9CA8<><@8?C@<4E;E4>A:@H=BFA(FAA=?EA;3B0?BA7H>7D@>B::B:D=>8?<>H@:A@A?H?DCBC>D><:+7/F@I=8JBG6;?A?;6=CAEA@9E8A<=DD:DA>8@HE>E=D6B42A:J??B>7B9K>;A<9??;=/8:D=;FE=@8A<==ADG:G>KH:57AA?I<6CC7BF<@D66D9;A3>>;A=C-@@B8DI@-A;,;@2/@G=C7>=19BA@>7@4IC>C70==G;:;@5=@G?@17F?I@B6EEG;79D7B77<@;DCB?4=ABC5<4G@7B79D?E>E?7AIE:>B9D?1LEDEED@?DAJ@DC?@MGCD:LE94K6CC9CGB<08@?I?H;8ECAEAF9BC=9=D>>;=@5==@2E=8:ACA;;1DLC>=:>?A:8G?>=>E=E>=L>6=D<@<7FC8<@9@C?D+H;ACEBEJ>FFCFAC@K35ADAFBCAJE;B7DG=5:;=HC?@@A@<70?GDB1BD@DA?7BJ:DN=IF?16>HF1B3HC=7=9@>9=8@L@@A<@F=79C8I9UO<7EJD;;E>C?I=?4B9;6;BHCC;AO@E>FC?ED8I:DFBDEA;@CH4CQJKLPADG4EFBB?DFD3FE@=:JAHA3DB>BK@IK>F>=9?@>H@?EDF=J@CB9?HJ;>GF*>BA@D=IBE?I;<@;AO@FE@E=?@>FE:GG2JC?<>6=;?F36IC8F@?<72A4DAB;=1C<=9DHEAH54?:5@7<=BH=D8M6<::I4K7?BICC@AC1K?>8B@D@98>AFGA?5=A=DCA>@=DE9DA@:LA>D;:EH0=G@47CD:;K@EB;;A0>E?4HAC<>8BB,A?A@5G?<@EC;>G=D@G@>;KIJ@8A>AD77=AFH%>PB33HA8BBFF>@7>G8@EGG;BCA??>=E?=<=@562B?C5B>D>>B;=CA;LEG@EBI2KEEKCH;3CG=E4G.E7C;?@B;:?@:CE@A3BF?GF=:=>93C=<9;4GC,==838<>BCAC>8>AD;7A8@98@>DB=5@850;?0>AA2=A@ACD7D?/;>8=<>9B1=@6D;>';@3===?6AE:=?EB?@@;8C:G9;EBFC>>><2E:BI=D9GA@8D89<<7=A=77>7=@GA>>D?F886B:.BB9>AH4<,>?C<67AB;:<;8<6>=B9A=18A>E;5=93F>37>@?B=:?I7AA=6>@:F6F;;B.=?@:ACI:E@2?8BGG<4EC?<<;IF?3F88IF@9?>C?=BEE7F92?CC8I8B/;?@EFAD9E:>FH:EFA;B;:CB@B:???DA=?7;H5@>BC@;;>;-@K3C;>?8B;@@76E7857)>6EDC><<@=DC>@?CHE7=EE.<=??@E??8EF@:?>>?F<@H1F@>GGFBDB=H9AGE>EKA;J>?D@9ACMBHDF8JADE:AJJCC:F4E09B=CHCB;?BIE6;?B=:?@KBGBAD@C@E9D9A>1HHG=9E9:>@A8B@C?BF6E?>8CO@FB:P=C:GTAGB:?GEB>D>?=AFB3>D9A8DAJE?DEAECMGAFG;?=6?:1?AJBFD9@@8G=HB5F76F82?@:A9D5AG:DD8;E*@9B:I?9@>E4DD8:CF1I8E;=3B<5C7ED;ACFK6L=C>RDL>/DF=IB:6I=EACC:EEBF>CBDICIB>:L7GDLRTFD7DD@AEEJ6A$:CB?=CAA@IB;2J<@HCE>>5/KD>ECDER>E>GF+DI=@BLL<@>CG<=;8IC>:@7AC9<>=CG=AE6A=8@FC;6+>C4E7JB>=E.HH;E?B:F8A8B@J?)J77BF?F?AB@EC?;?DA6CF;=A@CG>==:IC=>@6B>34D@?:7?B3CG?9F>EE@?125:C;CDFEEPHD1<9@6?DA.?=>6::DD@<99A2;=BP-?8>:?>BBA@8A7CMDEDA?FA;DC808B<1,@:I=?8?>>D1@AABH0<=F:16?BE?C7==3=>8CB8E><'?A>-:AB=80DD-@EAF?3CG0D:7E;E0A;A=AA>@6@D=>B=98CD>=:E>7>>=H606;;CB9B84BB@BAE:B;76=C=@>>DF=?A5:CE=D37599?;B?;?:=7E6A8?9A5>?M@<:1AA@8BC:;99>B==?A>@+;4>7G;BI<::2FBD?;>@8:A7F?8?>>B>?3/I?C>?<6A8:::>8>A<=?=8>>=>1;A9GA;:?>L<82<@=6E:/@@4BMDB@@<>>B>/ID1I@H13@*;7@68->A9I@GBC33FE9:6<7.ABAB8><=1A=C:E;5<8A@IBB>6:?D28CD;?9=:BFF?A?<;N8==8C8BF96@<79@>B6;>=A:AE:A8>@F>82>>5A:8<8F8AH78;K@=?DACFFEB?0BA7?:D3A6CB2>=B<4;;;AD=>;+C954@;9:F=78@2C/:C98AB3G>@H;A;???;7=>@3?0AABG.5@D@>DB;:6>CHHHEI;HE>FHEB?97@MAIC9;=6C71??G@F<8BE7G>A=FCAJF9F7IB4>:3:A<=?CGBO67=??EL?BF?C:6?;CJJBKCHC?B9?9C?=J57B7:GBC4E8;/B4<*9?87MJ>6=F6H4>@CCB72I;A<@I?;EEA7GFAC89G1@BB99@D3A?C49B:G0F:D?4B8678G??HJ=9?@BED3DDBAGLBIGCD9GQBAE>DDL?/=HAI4<:9;?@:B6GEKD=D>H'8F:K?EGDBF>>4D6D;C@:C?I7H@=L=FC:>FCHBAMIL?K>==7>;EBA=ED?BDVP@<;K??@KDC<=<9CDAB=B-D>49H;:FA@F@IEH<9CBF@>@?B6G?=9@<;H8>;EL@E@EMBG>AAFG>BK?2,MD>7H>B@HFA0BDDC<@D>@9I=>A0ADB>CJAF>ABA=ABE=A>F99>A6A7+@GCK4>3A36JAIAD8;CB:C@9===I=8=J=4F?9;;0C7C,36@;L;A=G@B=C=@<>:;D?=D*:A><;D@<4AC;;A<>>.F=8?<7B@H=907=?9@7F=:D86?:B==AJE7CE@>C>EC4DB?I>;E>AAHD9=C;BI?@>>+DA@E=/CB89?>3=D<6=6=DEIB:?@A.>7*E>19B:=D62<>6<@7=JB?>99<>F9E?B;=D=F9*8B?7C@<:C@<=H@:A;?J=@L=/7<<9BBA=G>BDD4867C?7FB8=D<9A::+@E@=@AABDB<@E69A@E-3C?5;3<=@25BD>BA@DE6=??99L=HIA6H?=C4?@@.+=3E4>@/53E+:>56A?B<6C>8DCAD=;;CCA4B;@=6CCD?=::ECFA7B:5?:E>AFE@E?C7:A:HF9F;?>>;7>7;;9H>99::8DABD@64:;?BK=9=A>DA=EE@D7HA9:FHI8;EC5B@<7@H=>>D:BDA>B?D>5=@B;?@G<6D9B<=FAD<@@<;A8@>CBH76A>?FC>A4A@@GGG@=9?7BEC?;8D@=?85B5>=?8>=C@3BEFB9B94:970C>09>A8=:BG=;:DA:=AE;7B=E?C7DD>=9A;DB<;>D:>GC;CDF>8E;:6B=DBC?B?4HBCCJC??0>FAAEA;=F3C8@;GDJ71G4EAEHBEACB4JBDC:.CBDA?E7D:D?@G:D?J.4G;:B=EDHID@7;;>COG=D>=3AF@DC=B<>+AE9@AEDA?A6>DAA@ALE?BAI@0AC?E5@F?K8?2AM:@?KA=B?5?9H@2->D@FE;GAFHA9H>GG@:AH@C?H@>@1>58>F>5JEHFF96BE2DKJA2>F;<;CAIB>E?77:CKG???=5E??BJBJA4DI?@FGCG>6A*GB8FAF4KGH52GC<G:?@>;E@6H@CII9C=3FP<@AA?7:=47G?OFH@?@BH>@AB<B>GK;A?=GBADGDB;M;5EC<9D<<;A>AB@@:=F5EHB>;JCBB?D>BBKDBEEI>C::E?H?EAA6@BBA3756?D9=4A/>?3FFA;5<@D;=;AHB?8?AF>BF97B2GB?E>?DI=?65C=DAAA2>48G56:K84G8A@BC=?8D5@FD9J:;:8=96E=:AB;D=:6B8B4?>F;2;B79H/94=B>::75BE=EA=@C<=1G=8=?DAO82??3CAAED<5A?A?1CGF5E@0BAH0>:C<>FEA1-3?C-@=5;@A,>;D:DA;8.>@A?->AD5EFCBCB<7<<6CGC>4??:65C6<6;H:?3AA9CA<4E9HB@EAK7BG=<>BH>??>:=1>A>8?;:4@C7:5F?A';D3>A<2A4=5C64GB<92:4BK5=8>AEBCD=6F@6?F;BDFA:C87@@>?F>-HD8?>JLECDC@1>;C@:4?::;FC5<95DEC9@=B/>E=:A==46@?OCB;>C@?I@=>8?<<9C78@G@70F3D?BB<:?D96A:=C7D?E@3E???8F7:?@?9@E:F7@?49?497@A>@ABCA;@=799=9>E:D?ED?=>@=ABHD@A9:E<46B@@A4EI:E=CC>?C8@;CBJ<=@BD6>4@B;F;B>2CG?D<=?>BFH?-DB>>@FBG?EF?HF>>A7A@1/C*>:5:@GE=4=8A@D27;?768:>5=;=@?=D6>A@;DG?<23C8E5?:C>C?>=A@:?A819>A2??:F?@7?F<;?@9EA7>AG=;??9H@<4B=:=B<:6C><BHHD>3CQACB:EE2G9HCFEA:>??K2E>C@?2ABDF5E=<@8EO;@F>D?BJBDDD@P?>D<=8L=J=>:IACA;@EDGEI;DLH3?9:<8>?=6FK?J7B6@C7B?D>GI;>=@@@@>CC:<@DCDC@@DA?CDHC?D:BM>:C>>;H-CBC4HJEK?:AAC:9>A?D<:GDA387EFA>C:HCC@8/?D<5B>EG998A995AIDBB>;JEB8;?A=<=BTH5=AC?J=HCFBB?EEBJIJ<;G8A?@78H>BBBAEHB>9F2N:EF:CC;EK;>GA:JDMA4OBFA/?K>S3FKMFB;4?F)>=9D?2@IEJ9?3F=:K><>A>E;4JHB2E?>M>D?F8>CGB=76AD@A9FC;DGQH>59D9:EI8B@8HFAW?EE7@AE:D;=6=CACL@<=BG>5?ADDGC:>;DB1JKA@<=4KHC@FI;LJQ.G999EA?@6E?AMFA@DC;A6B@DB8BFBH?J@H?15E@F9I<>FCEE=<7H31C=@3FCC@6>@NDAB7C=>D/:K?5AD>BC=<>(5?5;>BCFIG4C>7:?H=AC@8B?3HB7BCCEL=CB/GB@:>6BAB9D:/@D<:FEI7A?5B7;HEEDCFA>GCBA@;:2?C@C<<@G;3:?6=>8B.=@?E5=?17;=D-=@AB>;6;G@.D>CF1B@E@9DD@D>E@A6<:058G;:@C9C0EDE6B;59<=EE4A-;;CA@IB<98G?4E3=A>@DC>BD@AICABC>7AD7F7@B;B@@BB@=>C>H;A?4@96D<:=8A27BE<9B@?9@4:>5>;@<7D>AA;E=4A=.=B>=DA<8@A?==A9>A>5<@BA2-8;F@A@?@<41BC;@7:CE=D@=@D?8?3<@@@6A@?>ACD=?GE=9H:AJ??/5?=BD?84;@;<@;<&GC9DC;=D>>=9B=>6=G<@B=@%>>458B>?AA?@B@F>@>@;26;+;G7:8<;*BDF>CA8A2;<06B8DA>48;A;A:=B9?@9>8?:DG>DAH71?>G>?B?KHA@961>B:B7DE=DAC@B;A>::B@DBC;7H9BH=GAC>EH;C@2>=G7@:/@ADE7=5<=>FC?H4F;=BJ=C@CE:@8>@BDA?;468>428CAC0EG><:4A;4<@(<887?1E0>?7?3>AA@8B:A@D?E@-5:;>7;@3;DKC.=D>>?C<0:G7@A=8996=C?9.@=9;8?:?7F>=>?B/9GC?A>B6A>E@55?>?C986;=8?F?=<56G>HE:@;A9C=L57BEGECBBGGHF@>==H=C>BMB?C@:1DE>ADBA=7@5=A=BG;I4?:@PCM9I:FBD@BL:4KCRBIEBC:E?B*>AC89G8<<6AJDKB>=FDEADLKDG>7@FMEG?EEFEA=F9:EAAAK>>:(HEK=HC@LBBCE>JDDIBIH=@=BCGI@A>AEBI=DB7;B=>BKF>FIC?@H5:9;M8E=?=>;HE@7H6;FCB8HFBG??;4./DG;<>A@;>BG>88E159BD72.DBF>A8B9JMACF3>=A3>@CCC>1FLCBHD<@EAC@DB7F;5:??CB8@BDF>E>3RF>FDH8D>ICAM@GFHFG@@DE8BC97BD>A?L?CE<@+ELEE<@E8AEA9DO@@=E<:9G7BNBG75G>N:FBAGDCF@;D3=BA>AFEHBCD7=@:@B=O@JB@KI>M@@CALMO3=:=E::C=?:<@AB9>HFC=,<=CD?;?5<7I>?19:73H>?:A;=A;G;DA4@4F>9I?4=88:?9J>G=:9*E@@A@>6CFI>6?I;>@B94?@CDA9<:&+:?;@?0EH?<0=;II<>1@@H>?8C8B7?@<4??@?=29D=JD@A3@>/CG?@AH?79??H5F?=F:=:@BHD;@?E?@BB4C=?9C@@?>@B9>DC?AE@?CE>@1:<7G;7>CGB6M9D@HE4:<6@<8FA7.E1E=@FDG6BDF?75:KAC7C;::FDJ27A<<:DAD3<63<6?KEB@A;9:9=+F7??A9>@FA=A<6<3B:8.9>=@;7@A>9-C79B?77,?079=::;>D9<:?GHL6?CA@1:>=E>@E32>?8=F0<75>B>=DC>3=/4=4=GC=5<;7:>?@.C@=@ED>?A66H@;AB7?6CK=G9L>@@>C=GF:;D9:=BF=><=?B8/@B;?=?A77>@A=DF;?<@.CK=C?@7?0E82F448;@E.:E?H.;><@@;ABCEE33>@;><;52DEA@2B;::C=C:6@<9@?78BBE;.@C<;2;A9<=@-=<:A5DA<8@HD@B8E@B?@9>B;ACA@=?=;BBI1A=?2;GD@0>77E;A>4A@=?@C>B49F;<<9B@56>DH>EC=6I9I78>4@AAEH>D=C9C<;ADB7:BC;<1E?>5A?>4@=6:@BA=C?@C0>:?1?8<2B:?BE9?@79@<:?9>79@CA<:?9=D:?@:4AD4;AA:?64>2@F:==>3;0@?5G=>7=91:A=E73C;9=EG=;@=>G8>ABG?C?H>BB;9>F@BB@A8ACKB7EPDND@AFFACB?=9?@@<<@AC:D3H:=EA:=D7BIID>G4F/H@FE4B@7G:H3C?@)2;A=CADCA@C6C;CE;EI>@=I=D<477?F5?9>>@4?I;>B@E=AEEHJ?:1ABB@>?FACBFDD>?=5MEB@C9@;F?AFB>FDGKA>;F:@EBFA@FEG==FDHGJGGBFD<@IFNAIEI@IAM=:F??<6IC>CCF>?3I9HB><6H=VG2ID:DEAAFAH9@4=B;LEF7A;7;=>DOAH=9FDB4=;80@B@?@*?D8D8:=>EB57I8;6G=AD:LPBGHN:BLEFFF?49GCCGOAL7?C=EDEKC6:>7<<@LG?A<6?=:8AB@;D=G87=@MA9CC:?:F=>4GB<@AKM83FHADBD><=A<;H:>>EF:DE?@>=IB@D?07EE@*D>6F6CF;:>@HD>CC38>7D7K@7:G4CJ677C:BABE;2>GC/@=EBFBD@>;71B?9BJC9D8CD:@G>GIE1HD5<:GB<;F;5AB<=;=D@?99=A/?9?4BAFA<@8FC=A<:I>?=7BDC?B;J@=A>G?I9=BD7?B7>85.8*:/2>4K>?>PH93D6HLE>?;BB@C>CAA?E=D17;E@A.B?8'8F:?64/C:G5@G.?==AJ:;7GB2;1F1D194;8=A>@9:=AD);::=D2.>8AH@E@:DA>AAD<0@<96>>9?>FD?8<@C;@=/B=;7:?9ADA4:=A3>=F>8<@:I>D99>=12C=6:B3AB6FDA70=;E:>3=E=;>.>?HE4;;CA3C4;5BD:A:B7CHB6?8B:;2?<;<79<=@H51=G@BC:C7=>I?5BF@<:9;9?:?=>KE<9@:749;80C?H>A:?@<:A1B>;B7D8E2;B0BF1=4A<=@;<>E6?=@>@D86;=@=8=/;A4@<=2:D@34AC;??==3E;96>B<99:>=:C=B@=CC?EF7<@>@F>C:@=B9ACC=CEFJ:;B>F@A:CGB>;;1@=E>5<>=?C96@?7@B<@3=85>@=59CEAA4?A;@A>FB?:E@;D>3:BA=@??<9?5AA><<<<=B@@/8<<556BD?@@C?C9/EH:D@8>@D>,H;>98DA<1;;A@3D7E?A?@3J5>@:AACD6IB67B78;>F811A<342@:=9@?C>9KD>;C?C(=9IA@??>65AAA>BDD;@D=E13ACD:>D28JA5F@FB=7DD>L=P?AH@96DA=>9;@@GAA@GCJGF<7I?HD;?1@8@AAA@AE>>=E6KD;CC:?:CHBEF:H5IBE+C:AA:87@<5?9@F49=G@+;;GF=>5:FAA0=@?K=:@AAEC@=F?:7F=9@B==.9HH<@::O>A<9>CB::MGGK?@DD??<=L@7DG4:?=B?E96>BAA68<;A=@B;BG=B1:NMB,?EF?@31HCEB.:4G<8A.BF8?F;4AG?:78H-G<8B:J:?8EB>==?77<9>9=:=8B>J7?87BHG6A6.?;E4G:B=BA8;@C:@@?3FAN:JJN?DK5=D;D=FFJ=HECI;B8DL5A?EFDM9?>?>O6AG?EABA.:KJNE9>DEQ;PLFEKYBB:H?AJ=C6DBBF:F@4B7?LI?:ADME=?AF>:NO=?6?AN@BAC>9F@?A?CBMBDC;@;7;>D7B90=CC;>:?C-AI5C>?DI7@8GGG49EE>@C;F;F9<B/>?B@<0;7J>954F9B?CAB:DE3C?B>A?E<+=@>7???7D96/BAGJ@@CE(=>8>@;CI<9:IEL:0;<57I;:?6JL99:>F@F?5ACEB?C5=5A8C:>>E@9C6>A+@;A=G:<<3;1C81@<@K6@>;4:?17@7E=;AA@5>;9>=?591H<:D<>18F?JCA:=@@>@9;<'?F>H67K>9<47=<1CE=;+E;A4579;@;/94;:?O@20D9DH:;E8-7<22?==5FFB>B<86E=7?HCAH7@EB;C@>9B8;F?>:=B=A1>>F=93:?;A=C67A=1=D:>D@<5:5C7F1;CC4<:=8?=>=;:F9E8;@A>4>ED;=?B:A9?;>C6A8=/7=:/944656A3?59B>F:8?AD><>0:>7E?36@:8=C@B9;H?<883=?@D?@;;<=B7888A48A>CA4#CC=5BC=?<>6>0>=A=2BB;@AC:=F9>0=A?;;>7?>)E0>??B7G<>A8BBD=@@;>??:;?7>93,@9D9E9;DAA=;.83@D><=AE35=>BB<;=CC>@49D4CB26C17J@8H6:C@F9AG?GC>@@@@@DCA3J9I@F>@:HBC>A=5?9IG=I?H?;@AF<@>A5J:FFII?F3;AD=GC87>D?=A@/F=?;9A@BI;=K=CC<@@8@EI=FD57=9DSEE?G@J>A>?9J0<;:DC@GGF6;=9D9@<:>J6A@93JB4D.5<.?135>>>2K8:HF9DB@I=?DE>>8:D4B@6MAFHFKO47AB@BB=B?:B:;?GC0B66FC01D-8>?A?A?B=9HAE9@C7@B?@<@BGAJJJMKC@K@@A:DC8DB?GBC97G7>=E@BDJB=?A8DJ5F>:D:@?AJ??C8B:FJHE@FG?>EODNAA?JHICPBNTCK@0/H5P908?>;ABIBA@;A???OG7=BEE=3CEBK39FQ?E54A=C80K<6BI::B:MQBF=>;7:ABAFB9F4BA<;2CAH=?8AFB4?@?@A9/:8=<8;=@6>A=;D9CB?848E@@>C;@E0:989;<6E@E?@J@D4?@Q6LA<:K;C?EF=@@=>N?B@>A?847B:@FEEE09=?K;B@;H@??;A:<:1D=<;7AI=C>41=2@>>D954K2:==4,CL85IEECB<>EB79>=J><8??=;61B@;BDB@C>DBE@+4A1>@;2@=@5@;>9F=E?6GADACJ4@7>D@?:9;4=D@>E1=9:5=?D=A>1C=>DD>=;@=@>DD+C@F??BC8G7==BC;@,>9?A6/B8A@;?79@@8;EB?GKDD>A<6:?C?8BECB;0?=C=6=C@@@@6C8BDL;;D@9?8@?2A<59=3?@1C=<9;7>8<6D@<>A7;.@>?>D5<=@8C;:B3>@BF>;=8/9@A@?>5=<3C?50?78>A?;8;B<4.;:7?A>@09D;-A4@719?<6A7==C0>B977<<.9@6@6A@@9=E9@=5DA4<>J;HEB4FC9C7<>=D@D/;B<2C;4><<EG8;;;??@=C@:99<J:959=9C.A0924>2,><>=<6B6=@CD8@E=6BBN=A?==<5@6<8D8LECC:@>9?=9B=BBC;82/;EE>?<<8C<9>AB>8?2B:B=81??>@?CA=B=B=91A888C7CE=B8=D>4@@?;>A;=B41HB4F3C@6A?A25=;AC94DFH?>=BDDI@9>HC<@><=:EB5:>:=@A,E6@DA>?D>EB0@9@>@@;>EBCD?4D?H3GE>2KE46:=@AKHE3G=ABIB:CAF:A::A3KBBI?4>?D?@ABM=?;?B><>E;ECA@>7CD?;3;D?@KKAB=??IA>9H=DGFAD=>?G9>DBAC5HAIAGDKI@F=;8G,>FJ=52?;A?A?B:9<E@;@8@CE:19:==<;>?GF@@G?66:DH?6GH5B@@4G;697/<<9>=;=>@5BD<:4C?=5E:A:D;D7>;@B95A44F@B1@AE@?92N?BGQCHOEAB>@>A@D8AB<=?DBCCAA=CHAAIFC<@>2E=C@EAE(>5I;FDD>AD6E0G9D:I7G:@EDBEEBM@C=BAA;EA=E>A<;>/5>BB;A2B,8;G1=EAE3?EH?B9=CE:==G:FBG?=4EA?E;G4F?EC<<8<>8CB?B5::6>>;C6DBI;>A?A?9=?7>7=KEAJ7LL@MDDB;5:;F>7EG;DB+14;9CH@68?3C9@BF9CGICI?D:?C9=AA@6?;EA8@@B?@H:0@D>@@A=D=O/@=;=87B8N?=@=DE1C9A9EACA>A6;?48BCD8;78;=@C>59B7=9BB8?DCB9E=60A@;=E?CB?:@;6;EF>5;=G+?<GH3??54:=:?=;A.C:>DBA<=7C:>;@I>B@>D>G5?=?3?>>=<@:4=@@D=8;89BBD4@7A?55-BBAF@H=ACC;C3D>?@M;:@AF3C>A=AE7>;9<:BBB7?;>;:@5A:>?>=EB/7>=/49F?0?;?7:AB6C87?@+:=';C1<-0B;@;=>@74><1>D?A4796=<38),=>AB1C@=:8@63G86=?>;11GB4BAD@93/7<<>999@C79@C67A957@>:8:;CEB?8=/CBGA@E65E>A;<9:A=AF6?2?=B876@==DA5:=?BD<@:7:>C;<:H6A8;E;@B;=DB?A?C<2CBA>>I@:4D=7??87?5G7DA?5A>>E0M@:?B5:59?DD>5A8<2=9FEIHEC;@A:B:@@?D<5;8<9A*=DD<;F=L:@5=<<:B;AAE7=>>;9F=(?3I2AGFF5?A@6B@:C@>DB7D@DCIBBC6H?FFBC8F:<5B:DDG@F@:=D?@B8CCC>9>;2@F@5B9F?>LBNCBBAF=5F8BB:DP82;IH7F9P79:JC<8A=I:>M6<@@>:D@BFAKEE>7?AA?BDM=/>@CADCBJF>68E5@>@EG?@BB;=DI9AB=DJC>AAD8@5;LA:=<>5(H7>=?=<=G<2HD7/0J<7CD>E84=6:<>C4J>4>>AB;87:47<8:@G9:@?F=G@?3DB5<@9:@5ALA67@?>DEBBD3>A@K@8B>3FN.:=7CLEAJHL2<@DIBBA8EB6H8GBCE>CICF8G?<5=ICD?E6>=DB6B=B?B;@@>=50BC-;@<4D@7LBAFEECABB>B3BAB787@;@?D6D<*C@6<<-8I;;>C;8JA26EFK4G3<4@2A@?BIFDDH79D@FJB=85@@C;8=@AE8@C=0=D9;=>F@GC48H87D>B@=AE:CB@F?CB=8A9I@D>3<=<6:>:=3EBB@37>:<;;A7ABF;2E1EIAGB?C:;>;GBED:H>=>7CJ?B;<:9CID@CG;-C=AE6CGAC><59B?7BAKA854:EBJI;<6>?<>BI1K@?>6?8??H=:D46F?;;;F::2H:3/5@5A@=B8C==:9>GGEE<=>C,BEA>?<;8C4ID=@:A=C7+?>>;?>C@<0GH>@<;C>L@=:9@?<><<;F=B4D@@1?63C:?AA;E8G>F=D7>6@F=B>D:E;CBA:B4?=?8>A5F9JACAN8:=4I>=>81/>IAB->9?>?@E=?9<=@?==7E<=FE>>E?*4F=;M997>A?HC:8C?><75>??@H59FA@BB=+?@5DEB;;98>?A9?=:A4:??73=;>89,E>8;94?4>8;:AA8C:7ABG?>3>CD<<86D@@D@:.CE5=8@9??;76;5E8>82=:E<:C6>F@=7A??A9;=71@?G?29;C?0=BC>CA?9AA<;>5B<;9:@CA32F+;FBA<>9,9A;?@43E;G<5B5B1:/?5F>FCA7>DF=8C@?>5D?;=5?8@DJ554;9A@@1B<>9DB??@???C+;I@<89AC@EJ7FDF;>@?5A?B76>@;7E:@?DB=9>D5GA2E=5B:,E;>4:5?C8<BC=J?GA6/F6E;D7>OE)7@FA>>D.CE2:AC>;J773D@?/CE@F>>@CG?4CJB?B??9EA99B8@9E;2BEAA?G>BBDA;B;CBCD9CALC6-?@??@9BCDBD?;C7AF(:C571;7>CA>G?>,I;;@@>;EBI>H@A@F;B:;;=P?8<@J9?FB4FGLD@;-=9B5@AA2<>I7E<8HH29CB;G7FI@9=C6G0=E00&/=;;:=@89EC@>5<@>F6G=@>7HH>=2J6<:5D3D<@:1@C8A=<<7<1>FA9DA?=:@DCJ;63A@MCDAE=A?:<:>CCDRE4FLP566EH=56@=JDD>CMCM=>>B@=>AH=IPHEAKC9K8E=9>947LF!7=FGDCDIF?=.8:AG?;C@?@B=BB98KN6II7H?>AC;C?==GDHM=J4]H=GG>D49BFDJC7B::19?C?@L>4?+A?CC4>)JEDBBA7?G?FG=4F9DD@?FD>@>D@KIIN>=FDHEF:L?H?DA<=FDD6>EB:HAE6AA?8BD:@:>59H50EI34*=F/;=A=>14D6/:>E/;8=ACKS@AH:/8;3=>H7?E?,,=15@CHHCB5>9;<0I<:;7DE=<>;4<;CE?;>5:6?>=?@7J=DL>0D5E7>6999@A;B@94:7<>9@9BA:>:D;;C6E:-?@:B=EC>A6G3;>C1H>:D<4?BDD;>;EB@DAB9?:C@4C>7;D7GB:?.GH=8<@;@29?AADF=4,@@7@DB>FAB;@G7>1<6658?E6;9BF@A?E?;A38>33?EAG?A@A@D>=:?;>::8EBDGBA??>:8;@C>5D::A;9<:EE2E2CA6B<;:;@B.9<@;@5C=>AC?8CA=7B:B@@F583??F2>2:81D<.8B7?60:>>96;5;>:@9E>E@;>B@B;95=C=B=>84@=G:<9:6>=AB?5?8-E7A3@90;46;95;3>@??>E?;8>8?G4?3:B??CA@B;>I;BE>:1=?-?@<=/=9>E8466>=:1CE>89:::FB?>A.7D>+C;;<0??<=<94GC@A?BB>>CIDAC>?+@A9>8?@B=@:.@D@3>3I?9:B6<@==CE;E98D;C@48;?==>@?>=B@7?@@875B=FA?=@B7??B48C8B7>FAFC>30>CDBD;>:@:C?<<@52L<2JC6;BAGEDGI73??K?G?@;AG?8F;?F5>=FC68E=9:;E;B6@?BD;B8BB?DIO?E@;C=9@BD77AAOCK6OKIK8=97;?9D:B0FI>FC7;CD9C8;C63(BDB-7C/@>D09?:7=-E@@:DF97A)46@)7BD@C@;593@A??:@>CACG=:CCB?<0>F?9<8E8A@5905759C<:>:3;5K?4>FKC8;AD6C9:BL;@B:=?;I6D-A8@7@<:8BG@@G=@?74D>5M?;B?2?A;A7G6EA>:?AC:HG::CMCJ67I;LHHEF?EB?@IA>@>EDREB.?=@/I=?@DLG>BAD?8O;:?CNGG@3E@F7G>0A6>G:>3?6BDDCAB:g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`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b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`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d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c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w†‡Œe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ŽÝÒ£Š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hŠ©íóµ›S>JCEK?E)=HF4<;C:F==D9@=3CBE,>JE,>B:DDH5?>=BB=C=4@ECB8DD:CL@C2F;87=;:83:@:9@BJ9:?E<<3C<9@:B>?5C8<=CG<8/;=:5@ACJ?H/B89FJD;@>DLD9:?F?E>3JI?C>A?M@:CB9E@A8G>E;>:BIMF:AF>@5GC=A88,A>47FK@K@?82CA?=87BO@K@.9C7CCDDG:D7=<@A=A6C0DGJOD=1@BB:?@>@C?0@GA=??E>D9>FBBH5;-@8?@9@=B@>799>DB:2A>B=C=>97A?>1-?C5H=;;?:6C;1D>H<5:9BDC?DIC8A@BB?=GK<@GB?=1AA3ED@BGE@DD6>@B>;H>?>D=H?=D8?BFC>5A=87?>HF;E7:7EC.;3A?4A5>>;?@I>?<=B9;3==@5>>;@5E.6=?HA>E<9>2;728B*LCDD6>;?=>69;H3DGDC:>7@@B7==A:03:ABA?D9-0>*7;/:1A9B67C9?:=@4943I/-7*>>@C3C7=;D0CG1@9B@:>==80A=>GD89;9HH7A>B?F>I?/8?BF47:@F==>@E8E<1;8?;E<537;F@:@7H;;@;>?:2?75=:>:0?@E<@J8+-?929?@3=G9H=2=.5BF?I>>A94:=?*8=>>>:;E/:=>8:BA;>B>D68?A<<;:G/>B=:79A<5@?A>>=@:E@@J??@GC9:H6(*FB=;9??:E::>=::??3>.9BEA58=:HBB@G>1FB>/BB5*;/?G)B:599>2E7;2B<8A9/<=>@7:55>F>;G7DAFD@<;GB>879:A8AI<1B@@F9C<>>8E;A7=?H>6EBA7?>I@BAB@CCAF@;IDABC<98D8CC78=@839C9H@;7DE@=@>@G7G=C=?ECA6'(>@EHBHA;=85G2:;=:>I<==D:9J2?>7=65><=C.12D;B=@EFC?:G>1;F9JC>9EF;;;D3=?E=D9G5AE9@K2F?E5@CA=E>3JABECB>D@E7@C1@?;73MG<:ABE1CHF78D@6N+B:GBE:@BFAEDAI5:C;5:?5B>8>=F=8@9;76A?:DFHC?HBA>B>@DED)7A?@B=;899;>>9G5:>6F4@3AH8=CEBA;9G;F?B=>8B:68>CH>;C>J?:A<@@D:5B;J59767;C>C8>B>?D;D;1::?<:B=/BBEN:F?E@5EFCGGCDJBED<>HJAABDD@9?ECB4EFDGFDDHL9,J9JDJF@F=BHALCHKC>LJB<@CLHEABB@@H:>BD;AGEAC>FAG>>@@?@DGV@DFLJ.BJ>?F8F@@D5BBDE8;Im~ÁçÙ‡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l\nh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e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`Vo_AGABA6<>B?;EA:2=$5F@;AE6<=@@6>;E@F9:@?;BDHB.9;>9F::=?A7>@86J8ADC>KIG?D>DBDB>;B9BB4GHB@DD>:BE=CE?>FAF=AIAJ8<@::D?C<@9BCE9?=A>@@EBC57?H>6BE?2"<3A+>14B==@BB76940BBE;:=?ABB@A>;6;>;AEB?173<:D@??=<>D5@9B@@C*?=B=>6<4@C45E=@9E;32C5;;?EG91=@@I?<@E;A>@/A><>?E9C;>99A>C?FAD;3>;:?=0CB@F?AA?=;?;=@FH;==CB@D@<=0?=>4B?8@>?F>G<=>@E(5B=.H?C8@@A:A=6AA4IGD4@7:A8B<=:DI9CE@;?4??B6A??@@;<5G/B>A7FAE>.C57;FHAB&8@;;?@@87>A<;=BDE;?AI>AF>IC<48@AE@GFA=A9F5GA:5;;EC>@E?A;?FJ@<5DBC5?@I?CAC?B?:GEC>M@@@L@@=N@9>CC>>?FF;G=FF>B9C?CA9F?>B5E98CBDDADDED?BD?@<4G;8:9C>;B:/F=;>.64339@C5A:?@F;G23B@<:<9C@4FAGE;9D<>95+;3>?5<4A;H959;?<5:=5,A3988C87;@7?6B0;367GC@BABA=:6=:<;FBOA4F7B9;$5BA?A;BD21@CDC:?:H;?KDBAE2?@AA8>6H:?63B=IB@HB=5B@@;B5>H96FA,=:B2D>HABJ=7E8IC?@BJ=8>?DAA@6F-IMCB?>;C:@KD;O'G;B@F9<:@I3C9AH65LCBA2F:=1<>9AAIGB?DBBA@F=EA?B@KIA8CC<6>@E?B=AB=J?>F6@B:=;D5H9HFCEB8DD>A>?@B434ADA@99C:?G54A@<5GG7>=G7BD45L=BA7:==C4@=<6:E5B>F>D=C95?K??;;,?C=B4;HJ>>E5GD;?:@@>1D45<>=H@=>C*0B2F@:?A3KJ>;BA9L>B@-AC6BAA=CCEAJ9>>BAAB6AD=?;8+?6LBEA>?C;G1AE=:B?>=@8=9:71JEG4H<=:>?ED>G>:@A;BE7A4==B3AA:3:E;:ABCAG?F2BBG=<>B/>70HGB@D6CH;2<>A?D><;@?/>4NFDCbSlŒ—w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m|®UNED:=9AB>;><@?>F7BB@D=;;937AD=E3HHGA?8=G9E>>==@;9(J:ACB?5EE@9<;=>@AA=7;DD:F>AJ8:=BB?<@E4ACC65DICB@@CA:07>:DH@??:C6.KDB;EBDE<7B?E@819C>A=?GDFG?BD>>GP;E>??;0EB@A>EEAD:=AGAB@EB<8@BD8B3@B=B:<>B8>D?EAEB?BDC;=AE9:=EE??;;DD=G=8A<@8@@?E:@BB<3D;@0AFD==9A3:3A69:<;=:=A0=:=3AIBEACBDB?BB?D2??C?6/:C:?@76AAB6I4=>9CC97;B=ABA=@489?8?@A>5><7?8??<>2=@6=B?A=EB7<4;6B?D;6?>;3@B?=?=EAFGD8BEHB>L@H@@F@5==D6FB>BDAE?;@I/E7;:FC98E4B;@=871:D:E<@>DB@HC>?E;CEA4?3?<=BG8CA+F>6B@:9=>D@9BFB=2?6>:;;1=AG?>=@3>?B4B388:@50=E84AA?BD=F>6C><7@9*H:==8DC?=F8;BC2?=IH<=>4D@?6-BE6G/E2A776>BC6247:>0;@?7F>A@=>=ABH@8F:AF;G@AH<7BEHB=KAC;LCDB8?B=?BCA:BF?B;B@5DBI>ED;76?B?DH?B=?E/I=8B>?C>>G>DI<=;=F0?99E@9@@1AA;A6??EF<:C0H4KCBAF@7B@HGF;5CBG?E=G>AFCB8AC>FCC:8>;19<7IKG8<=8>=>>GGD>2;5D?;DM;?@@D:@>5;BIEB@>G;=-B9C=;8A/:;<39;>=8@E:9:7D>A>6,;@<>H>BH2AA;E?4AACG7;8G?:F?5@A9=E7<<5G@?D=KC;J1F=C:E?77IBEC<:7;85>@=<0?59@J>1BB7:7<:HA=??B7??8B=?9;.F@DGDDJ9J;F<@F>=C0BBB=AF8??FF=99?J>C96=C>GI:=;/B9?GA@BEA18C>A>AE@A?78BAFB9?3/E>JBI,<<7B9=BLG:NEIC>?=@:8>ABE6B38A=G4CA?HD?;@>@=;88?@M84=A0B?<6>B65A3:;=C=><=D93B?C=9EIE›¹™xUHLK=@::8:CJD?<@?KBEDA=<:ECG?ADI579G9>5@=39JA?8AEE?:EB=<4=BA9A8B(=BDFJ6>DJ=FE?<=85?AA<@;?:2@9A2C@?AB5AEE38DEB9@?>:;CI;ANF?A4GDAE@AB?9?C:>>I9*6AMCA@=@EFFG@A??<=:CFF5CH?CG33?G?A92C=A=FDABBAB:?;A:;=BB=A2DA=9DHDBB>4@6@A:/J40;A@=B:@@@8=@6D35?<f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~‰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f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`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†á}M2o£ÎØÇËóÀžN¢bjJ;Ç3]$ßi!„Ãí» =""¥‚ëÿm Ð?Ý„ ‰ Í3rà_ ¯ ‹ ¢KO .\ µçPt ½jXá•® ¥ì®ìIMiQ¶ &ÔÀ¼WŠšnXßDe02 `3 #Ñ?¿+| ÝŒ†&´>(w b+½#­[]pEBÆÂ7(T¨lÿ?oõGÅÈu:ï¤6Ú×}EðÈ6ï:'ÿy/