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:98284640                           0                                    NOVERFL:-1                     139                    0                         MINIMUM:0                                                                       MAXIMUM:1622                                                                    NONTIME:0                                                                       NLATE  :0                                                                       FILENAM:fastscan_01_0139.sfrm                                                   CREATED:18-Oct-2021                         12:19:55                            CUMULAT:2.000000                                                                ELAPSDR:2.000000                                                                ELAPSDA:2.000000                                                                OSCILLA:0                                                                       NSTEPS :0                                                                       RANGE  :1.000000                                                                START  :138.000000                                                              INCREME:1.000000                                                                NUMBER :138                                                                     NFRAMES:180                                                                     ANGLES :0.000000         0.000000         138.000000       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  -16715     -1495      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  :952.000000                         648.000000                           AXIS   :3                                                                       ENDING :0.000000         0.000000         139.000000       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: ...............................................................6FAM>;A<G36I5@=@>:8C9@;9B;JGIDEHD@GA7B?><KE>F==1;AB?JQ=CF@4,@8C=<@9SCGA;9D=<=>GDJ6FL82BKB<I@LJ??A6A55A:CD>1C='F=JF3=EAG<E6=><:=;2H=D8AEFCC?C-K<HBGI6%?>B<BSED?F?:A?D2I?C?5>@4<>?6I@EEJC(3B@IHH;0B>DQQE><=H<OL4>M144A@4J=QCOC?.!EF8A7@5<H4EC@HO=E<I6685BC?5<@B4B@E6@:9@HG5;8F>E2A<K$/C;BAC99GI:C>5I>3H9DI=>G;?:GCA8:>BH99@4MJ;?;8<8<GC6K7H.I>?8EAAC9B499>A>FG4C0/4DDAA=5A@9C?2*E@EBH)AFMG?9EG;AE><F0?I9I?@79?KS4=7B36KBONC>>8HD=A>;D>A=>>=A2=I<<DB@;0B@AJC8DBFCFJ-B;7K>=F?@FABD8;6R1=,I87/=26:G>7O7HBF=>?EDBDGK?:I74IHFHO:LDILIC=<DH:JJ,;):?L>@=?D9<6.HK8IE,1;5@L7.OL771FA<3<DTDB8DA1?A1:HA;L?DBAC<?:ID@DN@B<BGG?EE97AHBH?57<C4<MAE6D=FE:.AC>QH34?B7>9D;JHAM=IF>L=HSD@;62ABGFMPJ;MBIM51O;335KQGO><J9@>QEM=1G>B:E?,ME9>9<8E9J88FB=CAEGEM8MHG@<BCDA8@@K=B8F8;JFJ9KDCEF>8AM=86(8Q1CEHAHDCG2EJLBA=O=:CEAR=C=:A4N;9=SB407FPE;528GAF5BDGC><L=86I3D@>RF6A8;C>73@;E>G5DA<=9:1?GJG4B>;G?E;<C9D=EC3GODL:M8CGB<2I=C;@NAS@66LA04@A>K>5O;C2DBB<+BLN581>8>/:@7AB55=?78<EJAF2E>?-;F</;H>E6@5;:CA:=>=C;19D:BHFF=2E3EP45?>J)>HLH@J1AD:<@A:2CH9:ENHJD??9;JI8L=@.5??6I5=JU:9MA7KBE7A-A:C0=Z1G.6:A6D4*7;307C1A?F624FF99JB9;D=J4IJFAG67DD5=E6KPH<<0D94=>E?LJ@677;AG>4C@A65?A0CA9<@B3=G0H@PNJEFNB=D9>F-O9>OB?G;K-FDBFAAFGA491C@%$;HL80E8EC>>G8@470K<G@,AA=:D;>4>JAE>.88@F@>>A<B:>@CB><;D?F?83FB@=8G4G@>A>B/FLB'@?6JJCFHAMO9>GBN9'?<-A<@1MHBD:7<BAF>6HG6EFEG;GHHQ7C1=DHE>=0?*C===7=ICCE7<?=51NA4J4EL26=F=;>I64EF43<H8:>A94>6>@=BI0>FB=M?!C>A26JJ:DCH4@<IP5D>C7NDFG;KDECMFB7.7?;@I8FIF9IC<<M&B<>3EC35@DEFAC9MA9?@NF9CACG@HD43OL<6F;A.3INFA>@52>?BG;+P@CACGB*3>FG?/APFD8IA74?.DC=.;F39G;?<*@>;:@-:@GB7LI&@CG=EJ6?>A4>8?=;JADBFCE>2@>1I9=F=K?,KR3DB@CED&187F>E@DB1G@EA<@MM@>489;GEH<AE8?<=8D9H:97CEMHF>2D:>-J3DA@6J:E9I>>@>QC9LF9NFA<HCO8P6>:3B?7,K9DJ.A=EELH7::<G+@=PA,I=B65?<>>F=6@6<B:B<DDNDAG6FG7F7I6=EC;AF8;IJ=<H:>@?<D+2B<?A@BKQ?K/BLJG@=K8,EJA8DG<BC8B8?H;/7IB?@@J<@21D3H=AAABF>IF2)BA4?:5@%8>=;.A7BA38MAEC6ECF-3D8G>AG:=?B7;E,/FB:GG;77>8>7FF%<7B<7HI=8G2G<=GD>I:;;:5>EK7<7+G@?,?0J=D:<JAC;*9DDG01:E?HK:27EI=F=8?B@1;DG9=D6F:;?:45?@4L;B:9<J4:3E2CC@3A?;A<4F>@@CE/M69D@HBVEKJ<ADDDC@B?7=7G<>ED+B?55BC?AC83FI@>AD=GE;L?@/7H7B>OA)EL;:<;@.CG;J8775?F0I;:JCA15:DBA<<G?L?07A6?E*>IH;6ACEB?=?CE11A;4FDFCI>D>9>8P?F?H7GC@@CCE??C7G/6D9>@9DNHID79DB<8:>GEAG<,?<7BACHJF>N?B<AC?CE087CMA@F;L,>L??CEBGBKHHB>8H5JFFCL:5H5;CCL@>9LGD2GIIA?;DC@GD6N@9;4A@>CNI3?KFF5G9>;KJ:HEJG;O:F=M>5JHG;=AH1?GGMAGP?92I0J7>?<LI/IG=E@9IH-<DC@G5-08?<A1EEJDHCMB?7/HJG4IED9C@BG0I<@F5C>BBPB5K77B4BGB@E?BSCD4=CDD<AD9>@F;@58HG4AF?DJHC<A<AMBKHC58GA4B>E7=>HKLE?C6:A>PE9??CG==.=7</>AF@I<BJ3>:K1>AF=BF0A=<3;1AC:C;8E-.(7<C3NJV9?0FG@E5C5CD-A?K1>=CH:@8D@F<<8DD-?GHFA=:<?1A55@@MN;*>D:4:4?D82:ENH;CG;17BJ8A6J@?4F;B4;:?K5&LEK8H29,>IO8@58HCH;J=D>F<N<>?F?A3?,M><H@?S=5=5B44-8<DH1;;PC:.HE57AEC2?DCJ.2EFKJ=&8=<:ELI;49KJII<>BE2DA3L8PAAADC3AE73=;ED8CCGACJEB6AKL:27<??<KG@?ABDNEA=?>:?;971B?=C@3@<.N2H'-?CA2)G==3E=7@9C?49DIB;<6G>:FQ4EN?;B2G6;A?EN:FGGBB6@?;=BE2<7>738F?==3A9G<>,??D2KM>>A@XGEH962-B6:85@96J-=>E@KD@87<AC;?E>>L>8L2(8D7>ECIC1,7C9=@A=.=4AA)=A;H7@9@AEA:D@JKEELEFB6C58F1G+D?3=?H?;AB@2=<=8?8D@*=KF;E;<B9D?F<@LAB;-*F8C2A>+D:H3BK;CLB51C>83ABF7>=8<>>8H>F94@BB.F4B=<<KL=:FAD@>D=7@H8;>C7@?>.>:5G:I8=I2*9;@E>IA52B30?OJ!2@@0K5F/.F>.7BB@AH:;E2=?D>E==B>=8JDECF=:BI:<+=BBJ<EEKC?G9HB=B5?:=:>8C6CG:5;>@==4@1CE>KA;FK9?B6JD2?84K?/:B?>CA<B<B5@CC?7<EF:26E?DE8G:A86E3HD>B?FHEC;E9D=E835F474=-;CN95:F=QC>D;IH6@455=@@;3JH=:?3B76EBJK@I8?B?JICEP)LCC;I?;2:H;6@E+8983=:7<:H:.:@KG=M3BF55=:?N3>M:9:?7DL@-OL<;C;?.H58H:77HBD3?@A(><HAOEJ5G3:</5HF9B<<5F81>9>=>A>B@3B;DK;CA67<<???B<3::9?;>A:7;8B>;B@3?AE)(J-84>>8JC7+=DG>K7GGAG=@1BE;@D<7KD;B<H(=F9D3;)@=6<?D?A==>GCCHB6C;63EBFJBH4>=>EEG<?A<?C=??;DIE;;C@CHLC<:FH8D9E>JFC;CD>F69HBBF=/B0C;>F=C7DB?7?@B2?=D?G;JG>LM@==?628JJ@ASBAC=FM2:K?C9?JIA8:47B=<DC?FINCDMIDKDCJHGF:=H<+6=:BD?7:.FF/@=BDDEFHD?DAA>;?>M8A;;F@+@0=<IH31?EH8E2@1.2EJF@OGHK9J?@?I?8?INF8H9E>B;GKFDAHDJ@=K=G7GA@GA)@;>6K5?D4;>3:<L3<J@8E8AF>PJ7ATHL/;5B=8#@39AB>79=A<9FEF;HBEMACGE;<CB8GCJ=D:F@F<@B9DE7=5I8;<2H@G774GCL:MAE@@C?5-?CAHC3E372=9EE8EA92EAF.4C1DP=I4<OMF::8J>4<?DD7?KKC=9<=@F4A><DP2CDBBC<F>?F><:>>;?>GH9J5J98>=CA@?<DB<.5:+?CLD@EBC6G:O;=B@??EDA:AD7@A>F<HC@6=;H4EF@@0AJB59B9PAB5GCI/=4;DC6<=B2@M:+96B?:1851A=<=@>L?DP15@8LB.<HC8<;8@G?GB78-B9A@KH8<&'8D<F8G4CB<DP>P0:285??@6:?>;=4H7@0-H908CFP6?>=>;52;CAC?I>D,F@<C;7E7=AN8H0<PGB7:;@?D77I@>0A?;B(I<DI@B4B=<??;K=CL8636BA3?N3DA@8IM@78:CC7>6F=L<07;97F3HI0@62G/-228IE@6;2K?=4.=Q.L?3.A=!;?N=<I?BP182LAMG2D7/><FDLE8NC9CAEHA><A=:=>9/;?=CD9?K<L41<@J?B9<<@BFCFC?8IH9H>7@AA?OAF8N9;@I+LH,DG?;37A@?KHG;MO>>6BQ6<A921B@G.?D9:5AB:F?BCF:8<>944?:HHD@1O?F<GC;4@G=F<7@?8D@I+8>93E>5DAB7D5F<8-??A;78D8@C;J,AU@H.1J#BC8?F7>I>CL=8;4@50@)1?@0H?I2I@B>@J5G2B8<=4:8AE@5TA6A8D8=;5=44@F6<<A<F<BC<FGLME:4DAB=/?4AN?18:D@E5387F<,8F<@2/G<=<A<B@G6=+1GCHK:6@C>J;K/3C83CBA=@7?L3K?6O>D<?A>A9<H6=B;069IA7E?/I>ECED;A99E:I9IHBH.;G:KA<D:>AJ8B@?EGBHFDCC=CI5N6??-AA=5>@9JICBEQ@@M357A7BA-:EBDC@?K>F?JD@K><A95EG@9C6AN5CME0>GG78=E5@88N?/?O@G8OE85LD>1B;?=<<:F<?@EA<B;J>;G79?L'J8D0B@@F>F@=0?DE=IHI=9?O?EF>I7I=9@E=AJD2G?MCJGBGE<=DE0I>:B794D@9A?A969;<6J@A88>H9>FE7D6:@>9:C3>@?,:I:<2?<A?H:599@E+G6?=83;L/E;:'DBH;<<?4??<;A-?3C@17D:870K=>8>AM;A8C?<=>7P?8C6D5<8DA6H7CO@@C<57;7DC<:D;=@F2B@@.CAA3H;83BLG9B:9;>:I;GC.A?HIB=/J85C6A@7NFJ<82<5>@??CBEB?F?=3=C=9FACFJ6>??9?2:=FI?:@B8F4E20DBDBBD<B;AGEND;?5IGGB><AC6HFBIB?H6G>F;:E::@HDGE7@=7JBHD4BFCB@AD<::A?N@I@BGH@C?@=>F>A?F<DB@DLFCM>E<K=B@8<FCF?I?K;5@BC<>@;NAGCO=?=F;AGHJCHF;;C=L=BJD9O2EAEEMKAH>IG;<89H@B@5>BGHK@>=F<GH:BC:@A>G?/IMD=ID;<D07HFN?A6J>A=A;F-DH;DA@CI?=C:88GL2LD/<G@B:OLBBKH9AH@IAKAHGD:?D><KBH86=C>;@0C;C5<3CJD@F>C8@<H863A;;AJJD@D83>@+9=<?=6G9>E9<2;Q@H5M@@<N?IHCE<@;G7>=6<=1IAA)58.G?7I,GC??@/@CJAD=-;@EABEA3F4E>F6@-9=0*K<HJ698M<M@D93B<CG>A1D?6?HK<P<KD7J1J7BCBE8ABGH<8@AAJQADB@85>78<CB?'L5>9K;45?:=7=?EIKA;@FE>A16=A=HG<*9?A9AEFCFB;4FANI?)1?4>@?1G8HG>B.9 4D=&B=9A2:=?H87F:?6D<47E4<A<0>D;FF:05.C0E;3G9B6=@?9.9D<DDK411C42/B8CH6HJD<DC@=<8A<@?I>L7C<BMI=0D<NA?0:F:3@IG9E9=AJ4E94LCL?>E@@9-=A7D98D59<08C89@CF2?DA?B6GF:E?KF6=2N>B2;?31B<=AM3E;:FDLB==K5=?:=JE?A<BDEH7==:C<1B01/EAGBF>AKDA*<068C?<LE29<K7;-H/>@8MD?9?=C7+77<IOLE*;NCI2L7S?>>61?=DFM11A=?>9H:>@0HRH664>B=PB;1I:9+@>DJ:>6=>1<::E8<B=?=-9;7BE@A8IIA<-E:B5EG?D=4D@BE=9?:<@>;A1?;<8;CH3BDM9<@H;C<=245G43H;==F;975:CC2E<=9>IF4?3A79>7BE9N6DEAB8<C?<K<;CA;FAB6;C5?6<A;+=A=N5B@KB?9AGEAA>D;MD<DA:=51=GC;5@@8=/1E:2NCGAB<3MAGBO9894EFUA?IC7<BDE)7FALFBC63;8E26;CFEDFE:.4?@HJA<A98;FG1IB3;5C:A?265G@2G>;Q:4JD9:AE65HFB</B>B>6IQ@>CEH+DC2AB;3C80@;EB9;3:EC<HDPN@=8?8GDAH>;C8A:8A/A<HG<9BE@?6C0,L7<INN<;G*BKEG:FEDB8D<EFLJ9E==<<;D1:<C3K:I;JECGH<IN4CA<D7EB3:.=0>?>L:G=GD:CAB87?CGC<=AGNM7;>==6=6;=4OIDG783DHE8H@9N=B8HI;1EC%5;J=;@GF*C;D/J7@=DIA)DG?C9B448<=?F;CD4@:D:8EEG614;:JI*7E<8;8?BA>BCD7498A@K?75?7FE<4-=9H;8D?DBPB5F?@:35=H86?=H8@GB;?A9>0@BJ:E62AIF<A@?9:?>B8B3;HJ9NKI9EAHSF@`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f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x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j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g=<BA2J46;F4:>E7KBI=F>AB,5E@@>JCJ0?:5J@DAC7F9BJFCGIJEA6FIAD;A7B=9>;K@=@?@6<=BC:IG@C57A@M<H@>5IJ=DAH@=5@@A@ABBD71CKCAK<29A6B=??=<;>?HFC6@>:7@=4E>D<8;<BI:JJCCLA>=G@@=A,<A7J@4DDI<A8@?>BJDA>=9@=C7ABD@6??EBDLI2BAFDH8I>>CDA@;=>K@<>?DE:J=GFKGD7;7?;3AF804C?ADI?@7AI@DIB@>B<6>=C9=7HA?@A=A<D@=/D4BD5CIL?5CFG=F9@?=7AH14D<7@=7A?@KE7>GCA;IJ?F/F9C(7IF:DEC4DCC=CE:?@9B=3;=@C999@GK>:;@?A=,>?8<6JC@CE?I<>=C?DDFH7?3A6AC:@:DHF?;J>I?NC;O:BL@D:>HHB@7C8>A>5J=7-<B94@+>KI93EIFAD<4FNEC6E<F=:<==AADAGCG?4;5DD>?>CH<8AF=G>5:A<K<B+F=?77H8F;DJ>@G<3:D88=J:?>G7?B6@?0B@>NBH-@KE>8>DC=HCE418=C305EF8:9B,?C:IDBMB?K<G1M=A=F>@M@E13@L<=9A?B4@R6F@9AEEE0><=FBA@3?JA?CCD?>AB<B6@4JK@D5@=F7A;I9H=>$9@C;FG8HG@FF@C:9=L=N?I;1JE3CD<?BA088:I?6FA@3CL<AA4I6@BJ?>74@>=;EF<B=>;DEB@=H=A?HFQ@>E:<;0B6?DG:;>>@=D'FF;D6C=;497D5C<@2@!;?;8FDB8A8H6)E6E?@A>AJ<>:7DEA=A@@7@?;B7>@7CAME=G.B59>C<6G:F>EC>:B@FF?A?17C::B>E8C@9:7===1DE>?<D=8D<GKG<58B:7CD?A>EA4<E87?<?:)BA<ED?B;3=;D@9B58EG7<@E;A5>;9>A@>C0@F.6AA@A:C@CG4;HA>=?A==;I>ECB>::C;<=F9F?6>E;:1E8=BD0F<A??=54BC?BI@C?<6:>7:BD;>@9@?7<7>C)F.;?(AJ:;?>:<9>5.3EDE@AI8ED@89>E=6I:B<6K@E6G=@E:6=GC?@7BC66?@D37A=A>7D9@BCB7ACE?6A/-?39;7<@B<K@?EG58<B8%F792685=>J@H8CA8?CDHJ&CE>?8:8<@G@@?F><FD8I?H>EA?DBJ;?@0>7;8DAC7@4@7E@87;:@?C>JN9?.@H?D<HE9A&@DB>?9G>B?>?@9J7?FGC8G>EAC6A3=FB>=<F?@A:CAEA=97?FB.73@AE?><:D78=H>D6D?@>87B<:A9=)?C6<9>NID;<>E27>I9B:@2>5<62C8C75J=6?>8AC=DB,><C>8:C9>/$I;8>9;?7=9FD@9I>2B2C>:BE?:87;=99?<C@C>HCAK>F<:7;@98>@>=BAIEF;=F8A?::=B<D>=?GBG662C?1?,.H6:4?:>H5<?;5:P5J7O>K;9D5=A5I5D6F@A@?CGFH><D?;HA172AAB<9C;CEEC;86D<;D<<62<HHD=;@>7J@D@D7F3G>E>?FDF=I9BM1:G@9A<7@9:=A@H<C8B@CD4??82H:@<<E?HBBD@=<H<C=@F:95@?>8JJ:BF6<J=B:JJ;=;8>@?=A=5IH;>=B;@DH<EBE><D;6CD9;:FH@=6>?<::CCEFC<<4EE@C:>D=;@ADE=1BB:5G=<?:FBAG2;B1G@E7I@C><D;<DAGG;=7G;N<B5JC'A=A<=:I=9690JB9>=@@ED8?=DA>;A1:KABCA>74>B@<B=CBF2?<><64C@;DA?6:?>@A<EA=CJ7<?M5C:HJ7:D:<>AEF>9AFA6HG9<M>GHA>?6;>AC?KG<E?K8GJID?H8AI=<??;F*CAEF3CD=1C<B7A79>=;F>L'H7B!H=>=5+C,7?@>BAI?=ABBF:DEJ<:4A;GB=E?R.L5B7G.A=-=D@F>HD<=FCFB=7AI<H<95<2M@9@3<@@,7IBG=KD@2/9E(>C=2E<@;EB59BACIH>:C?;458FFFA>9DF>E>EHJ6M8<CH8AE<0B@:8;<3?D=AD:I=;FEL@GDG6B<?A?G::?=KE;B-=3;AA4<1?564G4LBEI:4;B?63?4;>?6?%>>F6LC=BGBH'AB8BM9@EGAAOLH:>?@>@CI=B9AB>EAE1A9A/89:=8C=>;F6D8<B=1ABA5=9F2D;=?E=;H+6CFB:@8D1I/LK;C>;G7C@6:;E@?<BGCG:CKAD6EGECC@D;2->@A?B<E;=D:=I=B;:CC;D9A97EDE@=@G?IA4J<49BD;<9AHQA<H=8?C@G:FBC@?@CAF=E89@M0<E@=B>F@G7ICI;;0=V797<B?@DC@:H:?7=D,7.'CE<G;DC4KB3AJ1G;@;D7=80><E66E65>CIP7D769:=5<>+.3C8?<E85?=A@@H8B8F+>04B;F=DD=2ACEDL?8A<:9LHG9A?@D3DE<@;EAECD8@C?=0DAEJ@G5?G88:4@B2??A=@J=8?C;<=?65/D;D2)EE::@=A<4A=;G8DH@?98L9@A<>>G8@>EFH@56A><>.I@=;=H?DD;6>HK?D=8?9D13)>C@?LEFBBAD9I0=7AA;@F=;E@>6H>AB@<9IA8A97CC=:=ED>A7BE9>,-0:4B1AI;I25=B=:>@A5BEFA<?D6<:;0EA.BC>9EB<9IFB6A8=B:B4@8DCB8BBMA7=CC@=>6<<@8G=@FE@C<CCGHAB9/=<D646@>E?;9M?<5:;JC8>86FGG:8HBD;@CE7KM<E8<CD:I;<L1>A5AK;85C@<ACAE?A?>:=F:B;C?82=9;;@D;D:7F<,8GA:D9D4E?;E654>GCE%9<C1;/=<6@:9>9:?E=D>6D2IC;;,FB6@H94@?;CF;@840?;=C<7:C<=97::<?EC,G:@:B1?>:2@952:E;??84BIF-BEBA,=9?A4;49CG9><><D=?>98=D;<D7HK=6A:??E3>/>4D8B:<AE7EBFA;K=M::67>H@:I<;>G?>=A8IHBCCE=8E6;7B;??<D>56FEDE6IB9<FC@?=<>@?D?5K5E9E=BGC:A?39CE<D7@;8CE@GAMG.A68B@HHAB@G7787:@AH==/<>8A;8EB@I,EC@2><I<I;>G><D@@<<A<JI<AC@GADA<C=:5@07C9J=OGD<=@E6GBIGAI@IKA>C6@B<I7?AA68*BG;AI3HE?7J6<A:=F7B@BAFC;AB>D=CE=GCCE+F.BDBAAEJF>D9;?=I>DF<@BA:>G8B@<D:8?=B577=A;?MABCB?4<:0E@B9AF*:6;J?I?BEJEJC6ACD@H<FC>9;>>?@JAE5BE?7C<M@1@?@;G4;=??>I53CG:FFJB8@C,?@<4>?BBB<B2KE6>BE:?A6@6H??A9>>E;1?F>85G7D:BLF><?=??>22.E=<?>@>=MD<3J?AAO?BAF?@?FG378>BLC?H35N>>CB;;4BB?-<8?>?CBAAB?>E=@7CB8<KC;6C>84AD,9B47CBA;><J:JF2@ED=9EDEFE7:<7<<DG?@9@A8<EA@5A<D=ICMD=D=&F;E?/6A=:39D1AC<9?G;<:B>AE=A8CD9E8:EHE=E4:35;G=?;96>4CKFF?==;A>0@:>;<98<EA;I67:F5@@IE8E;;=>2@=@EB?9A3=9@<C-B0453@H46DDA0C:B<>E=ADG97<E-?@9I;M:BD;7:C8<?==7?:-F2G:16<<?B;H?=9@975B3J8C>@;HJJ?9:5FHI;B8=9C;;6<@C?/165C.N7@?3>@E43?<BC=:6D:C8CH?5G=3A5GD:CAGBFI?A7>D01A7B@IBD:48AD@@?B@:F@BB<%@E@AB<7?7-=3.:7EB?<?6/?@==1=LLF@BJ>5;G;@:GN27I8:D8C?:?0CIC:?FD?6A8=>1?>?6*1>BBK97?5>J<>DAL?E=7==9@B5>44FCCD)IC7JF?;;E;JC?A:4D>3<?/EM77B>CCOAJ,EB>IC<BBB<E1K61E85CA<?88;<8AJD1<8<C7A:BAB>36A9>;I5H?A-:A:A=@BB:?::?@CC+?F85K:A@5C6F@88GG58>?@G4?=>7>AHB<:?*?H6E>8;=<=>9>F><D;=NI/F8DBC8CBB82?9DF772658BF:6?BG1C9C>71EEC58:?=6<=B:>L>3>@=AAFB=E?IK7;9DL<=J96AD@:65?C<.BI:1:;;>9@77A>E?6J?7@?;2:B=;AF@8B?<D>A<;;AHC;B;?EI8D0>GAFKG*F>7:F>F@=@=7AE;C>:;DB?DDC14A97ACI=F@E<>294K9?-@@AA=FD8I@EC80D?D5<>@=@=B;ECB@DK>@@?A@L=D548@:1EF>NEEIEL6>LB9H6@9>?49<?CDDA>>.?809:B7C;E9-;=52?@?DB;=E@K7@D+=7?8D5)=A:>C<5@?>>.BB@7E@;F?=><D;<;8D6.;9>C<9=C@CD994BB:@IJ0A3A179?<DB><3HAL>BA6#G<G-CIDAG8>C>?7<BEDE:@K@?IE<1C7AFED?DAE6?GF9477?:B:EBCC=>;FA@?AB>JGBC<=??A?<0GBE;C5H@FE;>AE968<EE;GC>EF?OF>7C=:BC;5B4>8@5;FB@GB?D@<A9NFCC=BGDBD;;C=DC1A<?E@KB>C@4=BG?F?DE>>C?=GI<=LDG>DDQ<<GB?BHFB?M5@<?515F<A9D7;>4ICID?@?<8C9HA;DBCAEDDAGE;A7AD:CFAEEA<;C:;;;BHE;<;CA>EK?8AG=BH??<A:E<:;AF9>@CCC6:B=EB:=;=D<@F3CE?45G4?IC:A>A8?K?@=H5S3>>:ADC<=QI>BFFFC=<>AFFBF6G:>=;=?ECC=L>@B;?>>7=>HA>;?8B>8A5@>;BL7<:I>KH@@CB@<A?DA6>A?DLG87>C>?=KC?:9F0>G;E5>HC:7SD:<J?;H@?C190@?@D>A59=CJ:>;95:?CBA;AD>DF5D;;::7CD;GADED6>:ADDI99@B@*<@ECE;CND<:68E;7H&2C;>7@;4:@H8B7<CD:B=AE6A><HC@$F8A>=CB9F<B=;CG5::@A=5344=8=6;@<53C79C@9<?:9>B>A;B<9+<:@=;1/>J>?1F4>@I:L?15L=7D0>4@C=7?7C>>F<DCI?EJ?36C@HG7BANBHBOB?GMD?7DCB>=BDB<8C@=I9G*?>E7A>?.==<C:=<D>4<::EJG69CEA3G8@:KA1FE?BKJ@7>DAH=;4@9?F@?8687G@;EE8:BAA?.EA%0G7>E<3GG16<@6FPB>B7>FHA7DBB5>:/I>AB6A@@IFED:=79=:<?A0A<B>@F98)<:5C>O>:3CM:C>:B5C:EEH=9G@I;@I;:=0?B>2C?:9>F8<88;8/=;:2?@D8<CD:D64>?A4FF>1D>A;9=9>C6=?,8E-MFHBC4DA@:L7;&4>DI4?;D75CH=>1D;A=9<CF><;L-ID<BB4AA;@>/F=AD:75?BCCD4IA<58EE=DAD8@@;D<A@=5DC=.<,<9ADE=E8E@G+2;GA>@FC@=?3@@E9G;=4H;?=7.DA>=A>A@?B<<=CE@@<A=@FC?H6-DAFC7EG::HBABA9<;>=>@J>54A<@:ED.:9>;H@HG=?=?DFI=LH1A>C8D7;79ACAOE758@O9@;;DA7?A;E5=DH8HCI8EA8B;B>F?D7=<3=<FM>F7=F7<G@:<K>9@=G248?=A@68:H?E:;6D@6@;??<AD65F::P;388=8GHB0@6@HGD>@888@;@=BA:9F@EB>AA?AEDH=;8>7E6<EF6EE9<<?F<9D=F4G;C:=7:ED;@=?=B@?A<5=BIF5@FEB=J<BG@;=B7?GFC@;:BG:<4?I8EH:DJA@?A6BEC7:>2CIB8>III:9D?J;=C>7=8D<M?ABBB9@9==@:6<1?FA?F4N6G98A3?ACGC<3<BF<?F2;;65<EAC<A:4BE@@GE?<@D</A*@?DD:459EA3=>>9===G@>;E;EA<=<>FCB5;57<2F6CAEBIC949;@@:B?@GD=F;DJC=8;CFF=DDECH=8E;?@F@A<96>=?DE6A=>DA0B7=AD.>77=E<>G?B8B;A=?C<786O<9DII<KB?C=;?IABA5B?@8BB:@>D8CC;E9,EEJFG7BEC;CFCC849F697<E;AA52>9ED<F7><E@<LDEACEJ??G@8=F@BCGAJEFA;B76A8UDD7DA@;IMEC??9BLB1G?9BDB<GDJ=2B97=7@H9B65B/<D<:;99?FD6;;A?I?I<H774I7?@A6D@?:A?9CJCAD3?H?DE>B/A?BGN?GABA5FCCDHEB?8>CMCC<7<;@?9HE@E=7:BF<;7F/48FCE==BIEA=@>:FHEA9@?EFJ,>A>D8GAC47<@<;K@E4G@A89?==CBBH47?A??9DDDDC?8D86;GC6<;@B=AFA8@:8=/5E>CCGI<1-<7>.7:LBNN.9@0<B>>:<9A@4;4@=CCD>G<@38B=B>@;9@M=9=F66=?A7@C<@E?9E5F;CMF>?C:DAAI=>6L<I>CGC@=CHEA6;ADE>GE4I/9><J<H>>07=>9B=@1H45>C?J94>B>AHJG?@6C<,7 ::?)1;<5FD13G<96B>;>;8=1=BF>;9:=MF=E7B<>=;<D6<>CA=D<89E@2HBA6C7<MBD?IA:9C5;6@=>>F@H?DFE7A?8I@HLD<8=DB?DB:<>EH3C<80BHB;G6CD>@>?E;><>7=K<>E??7>>?CBHJCB7CD<DCI;8A84=/;BBD@22?1H:C>6=@@=<6EE?05@83;@=;6?E9=>MEB=CQ92@AB6I;??BG@E<CEF4F>G@:8A;@;MB:F3HC7=97<H3?7A>KG7DMEID=A?CCA@LDCI&,@><;=J=>G@?2<LI6G<@;CC>5H?A@9=C<ID96;FM=?:FI?@?;=6F976B5A<3?@D?BI9DJFB8D3=C>CE7@5D6OE0>C87CA@=BJB@;=D>;9F:3:995D5C8AH9=A6@:BF=.=BC=?8:6:F?FK;<<>B?><@<:AJ?D??==A>E@5A?FGK>F?495><A<A*56F:?58;B>?>HA>B?>@CHD=9@H<CG@AE>5:D>>G8J<FB)?6D:CEH5;CGB.DBAPFG91<=A1@;GBC;@?DA99HF>><F(6=B=FF=;8@>>3D:B@B=D9@A6=69==>C=3IE:>?,>AB8=?<NGB9E=>CAHC@C6A?B=C?CAACA?8HA=?895347E=H:@H<=;F<:?GG,9:<J2E3><>EE;:6D8@3=@EDA1=@DNN5:':/>;9DD5;G>;GH=<1F@5>>D@?8<<:=:@8.>8=C<>?J6<F;89@<;ADA>A,9A;EDA?66D9B@BE=<@G=@;>7H:CBH=92;;9=8C3;4@;D;<E68@C89>OB7I<?<.@9>6A:CCG4C7><>1?H:>GEB>>C5I=@?F>?>HD<B?>G=6AA=DC0@>C6;FG><E65@>C<07E751I@DD<:754?F64:CB,EC@5IEC4<83:5<B6HJCD8C2<:D?7H2DJB<86?=@E9?6C/57<2FEB6ALC??DA6;4?<B5/G(;%B59B95>>5@88E.9FE<2B-G=>DDEEEF?3?C>=9<?8?59B??8;ACA>C'9:7>3:+F>GCB?CE6B=C6@<E<G>1@A0AKD)>7:AF825:M;>AD69JGG8CB??=DFC@CBDD.>9>9B=BI=EA5<@J?A;4CDED0G42=><D:1CD10;E1G@CA=B0CB9D1>DI5@FK@>DE:9<?83A,G=DF@DG>DIF?F8C7?<:25<<AG=CGB588BED9AG<CDH:>;J;=>989:?;E?K?<I;=?D?EDC=7DBBNACE:;A9>8D6=C>=@:6E9ACI>D99C><@;C?=8LFMAA-A;3:E=;B9C<;7A6*@JGLE:HC@>A?;FAAG=?BCL>7DD79E>?;7C8ECEA=D>E6>?G6C=9IC<C6GC6ACP:<I==<E@7E-7LA9G?7<H=4?A36==EFAE=7@BF;8@@@=H885M?<=46<O@<=FBDD@@?BN0GBG>76A<?G@JB>C=>M@N@@@I3@FGB@@B:E3;<:@>>6?DB;=C69A8A?G<F@C8D>?E5@>=NH>9IF>BBE8J<BE?G)4:G;J11:D99:?9?:D1(C4H<>;B27=<AG3==AHCB60G?9C1E0+9B2>/0C<"<>E?2=>JBC96>C?<@<BF85+>;=FI==DK=EBA=@?JBGE8@<;@B@6H=:4I?H9H6S@E'AEB<6@FBQC8=9;F;G3=CL9@?B@CD:B78BBB;FJE@>>6;A/5673B;8CB>P6@6CGC?,@>K<:;9P6B47@BD?A67DBAD:?;AA28>@FACAB=95@=9;?GD=ADA9HH9?;?NJF8=<EHC;3E;@8<2<:F?>;=8@I0B;C>8DF=B:DOGL7EBCKB?FE?E?=A;>DE?C5G/71<<5DKB4>8D;B9<<AC$AEA:E;M;?J0GE:6/B<PKAAA8;GE/=9P:A??9?@:D8:@E>G68GH8@D?@D<DEH9==@9:@6?=?BB/>FF@;B>?C7B8@E@><>><=CBCFB:88AI6F8ACI?4@>-=9G77>A:D=L'>;D>H@GMB>6>?5@86B;?90IBH>GJFEB9C:5:5@6??59C?DI7K@E18=<E:;D?51:J>CB1<;CCL?H>>:J>>HEC;;7KB=5:;;@DEBD@H>IEFB9>I8C?1K<B=CC98:CHKHE>L??G::<N=7<?65A=<@6E4DB6:1F=FC?BADGIIH?@1@>B>J6C6<AFG6<+>;=:D89;;:><?@28H<:D,69I=>>GG8>9DCDA6:B?6.=G@E0JIHF<A=F<F??4<>B><GEAAGF9>:KC@:MKDHD@@7:FID9?:E9:EAB@<D@69B:C8D@@>DG=<817BB>7F?CE:BG>E@H?CB40=CCK4;38>4GCFBB9EB@0C9>?;=9DH<>CDG>79;C:DA;>J<A<;C<B66=9=6E/=0H8<J=K:@BIC;EF;1IH=<GE8<<2FE?=@9BCCC@>9GG;9H?2AAEEC2BBBH'A6?F99AK==?@?<?:/B:D<>A6A?E:/@6>@6>@FCD:6;1>O<B5:7;8AD:+B:A/27::=56:=DEK6D=<-J;=:=;9CF->A??>-:5.G5?A3<=;:;@@;/8:<;56::E<7H9B:M;A5A95*<;6G;G:7?>/===>3?HD0?DE;C>>ED:<D3<FKG9DD+7A6>8A:E4B@;DA@:DEB9<-B@GD?FA=2<=@DE;>:8ABH>DB5<875@>:?ID+=D?BGDB4DA>B69JJHC8=>D@HD;BBF9<GCIEIMK5ADB5CF6BH>:EB8A,DDA9B?IC8I?48FA>@78?@AE-.8BBFHE<=C@:H@A7E?=BAG?F1FG==E=DH<B7B;B<9?@<959E<<=>,4>E<<L1AB9?B>4BAD=E<FEB7:CAB7<3CJH;@:EE;AKEB@F>FF@>@</C:6:@B6:B;DFEA=@1=BC;<@>GA@LEH>H@@E=<?CF6CCI;A=;@E9;:C=A=A<@<D6@@;AH.9@D::@@HF;:I;F=C7H,H@7:DKD47GD-6ALA@9;=?EJ6D2CC@:8CBB8FA>A.ECOHA=?=BE@H@CC@:DB62AA=<0:BAC*B7BMB><9;F=AB@5J6C==:E=CBH6;=@B:HKD@F6BCK88>9;4B4A@8:==FAA;CI>HAE1540@DK<<AB@=B6CA,FAE3@H@H;6;=AH@BK93?35CRE6B=N:;<;HI:B>C49=@7?D.=,I>4D20/D?8-8B;ABCGFIJA;??FC@AEDE7<@;:<AF>;<@QD?>B>CA>=EFD@CDAC3C88A;/C8@H<B>@?EA=?9AB6?D87BC?6,E4FEE5B@JCM;LEGF=?A35<B?9A<D:;@ADEBKC=E=AE7C8G;7<4D;GF@EIE>BE7;=C/D;?0?8@.BG?><9=;>AAA1-BDE@>F2Q:B>6?B8998JEB=BBE=5G:?BHAG=C8@ACH<2F>BEEG;FCC6HA;<9@+H?9I>C@B@A=BD99AAHFE23C<5EB:E=I7-E=:H??7=9C@FB6FA>:79DG<>ELHE:MA?76A@4?BBE8?3FB9DA84F;:7=3HDB?:8:F@G>:A9@5A=9FD@;9H@DF@:AE@==E;7?D9DE=;49H/B>C>EHB805@?789B@CB7EHI359@E6>>2C7AAI<;G=6D:D<;D4JF@?==</D4EBAB@<BD@?=>6;7?<EA?@B?>=@H:?@J:>@7IHBF:9KB@<LB@AC=G;;?4<KCA94C>>B?9=HFCC>>?67JA<:8BF8=+=89;3B;>?D>C?JH???<F;@;GJM;7N@G=GFH>96CEI:?;-;BEDB5C><0<8:B:B9EB6?>A7>D??37>5:7BDIGBI=94?C<EGB9GE@7D?:CF3?@?FA@E5G?.9AB=;@A@DB<?<JCFDBD7EA<?<H;L26@8:=?8:B;D8=?6>:C=?CE>79=BG,8F=@?<>@=>@4>E?C<F0JAC=D;JG>@?9D9DB>?DF=>H88>8>=91BB<C@5=ID=F<GEA9A=16A?@IA6B8B2G8>9@D9B9B/CDC><FG<<,D79KCE8)<;B9><;9<75A1<8@=BIANC0ADA8B@H<F??):E5;F=8ND=8?@?C93>5@>9<L6>3B5FBADC:;?2@:>7*93??HB9>7@=>5<<>5?:@,,@@@B?D/K4636:4=J;362;A9><(/9<B3EB46=4>69H7DC<7->9D=H88=C9<B@:;4L:052EA=><7DC497E8>BHFE=A@>3<>IB4C;D:@3BA-?6D<9@C?AB==AC9G4.@>H@9>G<=H736J=@;6B=HH:ABAA:@>5?A9D=<A</@AAAF>>5?@=:C<7AD1>BH=?DKB;;<HE:??=HE?@B6:@EG;K<8DE<CB1>J2=?=?CCAC?B?>D1<HHE=G;@A=C=A:1EF9A5?:88B=H?;BC5ACBD=D<?AEE;5B;47@=54<=A:@8D48B9@><L<6BIEBFD<9HF2EBEEEFD=G=;9DB>:A>D?2C>?M?7;H;?BBFACG4<E9E>GCC,?@I<C<C@DF;IDHD8FC@JAIA@G;K@?E:B7B*C<MC;J>DG@IIDE?E?44(9@?@B?6?5><<GFAID3F?ID77C?.?0@G>;@JI>:G>1;*EBF7J:D5/J@9D4JD==B9FA7@/;9EA;G=L7?<A4A9CFBDE:??;:E4CA=>CN>DD;DA>=3L=5A>FL::C>0??<@MHC/0>?@<?@D=C;@/C86;;E@<8@;:H;I6H?>D8=BGED90H>L8?G8;DF>9<@8=KD72D6=B>9BD;E:>6<<:>?C/>;?5FD9<6@M2CDE@5C>EOBGCB@@M?<.A<>K;5C>/C<+C9<?>:6EF1B;H(;EBE;9E8B;CH@=>:7D8A@?C45:A>6?D@48-88GE=@AAC<>2?ACE63>E2?I;8J&8?D065CJ9D?<7AK>AB?=BC1?97J;07@>/G5>HA=:6P>82D>EB?:A:7DI>:EC<>@:;GA>;<<I6@G=B4.4CE=;@EJADAE9@H:8?ECG97?=BE9:HEA6A<>=6B8=:==F;>5AH<2=C4=>AB@AC68><?04E;A?5B::8<CEF56G8>F<2@>@?H8J?IEELA3I:GM92H>2EG4A4C6HK?AGB?I=?EE>584G?>J=ACC?@?D@@DFB=HJK=;A:A;@@BG@B@B?AFBDHKB=:DGA>8@CCIE;DDJ;FEJ<6;D=9B=DKEDA@=2>CF@=7>H?8@4FD8<B?@E<G2<:FEAHFC9;8??H:=7;EB2B<.A=BDEHCB951?9CDGA2KF==F<=4F9H?96C5;>2DCB4B@9;G5:?<:CABF8:DE:JDI/C>6JA:E@M>A<E@GA?FAG4??@17AE=@97BCCA@=A,H7A9A>9@965.;C3=<DC?>?8FG7C92<3G:H:9D:1DB<@>8=<@@7/DD@;>/4CA:;A8>EB;EA2A<=95@8G>D3I:G94B?BE7>-B??6JC59=@9=?AA>64B>CABH:??8HDHE=>?=8<?@@<5DJA3FAE15>97CL8;AK98=CGBD9C7?D?9?:<7M@AFG<7;949GC=9<7>CEA;JB:E:76B>D9H<;FC?7@4BA@D;<0:DD?G5BC>@/<>G?<B>2<=@A@9*9C?@AGAB@;3@E?EC>@>>1?C3?F9P=B;9C&?.6HBJ@89>8A6;1+5H?>/CF8BH?<A/7D;5>*6;7:/CE6@.CD37<=E0<5<5?<:2AG:>><:E=I;67=C95;G<EF9B/)?94?2:408<5C=99C:A6=2F5=8@0G8BCR>8F;@AA<;,EGKE><C0292I@;D8E:'B6:E-HA@<:/F8@E;/9<5FF==@9?G@D<8FD@A<B5H?B:B?@.;F1DACF8E:<CJA2<1=I=:4BAB?>6D<@A@G=:::07>B;D?>HBB9T*;F=EBGH6H6?KAD<2?KB:DEGE<;>LF=IE@E5<>6A@3CKL?<A<<=CGJL?<7EF5@C?L;B99N:G9>2E66?C77>9<8?;;D@4DG23D<B;HBD0JEC=3@KH8<>EB@63@@BCB<C5E9?5?GE>6CKCHFAC=<D;FDIH?HD?K?4@GFA;>?B6<9=C?2B;4FLH72G<F56AJE@@G<A8;AG>B9=NEDJBCDE<@PC=GD@CJAD?GD>H6::C<@G69;FF>?9BI;A8B73=B5C&>F<B;?@=C<A?<:<F3?G1C;<<=*;AC?;>55>@?<9>E9<=D=B@FJ4;=@BG726<8>7>.FC<BCG=A<F>C:9CMC7IOAH;A;:D;5=CG<1FGH78FL'DBD68<FHA=>:7FD/B<>?F=JC>BNC75AB?@7>>D8<KD>;C>81FB@@;/=BG<EBEGS<@A?>B-9BGD9FB<HA=+/66<<@?<@=6GD=@C?99@=16C@9J=A:>>=?BOAD5H6=GAL?CSE5@6;7D?J@;OBDBC=B@B<7;A5-AD)<>768<?)6CKA:I;BL=@ABEDK#EA>:@EG><A=-MC?@3EM;GF9G=>9:F:@>E6=K84H6A;C1@EBE>;@9>C3AC<;A?.ADHCF;AA8;B<8=?HE:@@G4=?>?D@8@@=DBF<@>??=<?I<F8=B?<B=<;?PF@A6CBF=:<=B5FKBADC=AB.E<E=FBC:58?,BDBD4K<0E.<=F3F@<H@=>EH@:K7=98D:?F?(C:I9FKLABHB:CC??>EF<L=FCE>1IDAB?@BCI<HGCHDA??:HBLEK9F=A>>=H;A@G:@H>@FI398?DANEQ,FDDC=C3A5>GD<GB<JG@KJLAG?<>BEJK;;>?E?I:=:>E<4G9E<=B<B<=4@@4JB@B=:>:CB:A@==:@@FC?E?;??9>7ED9C?FE;=GGF>9:C@9DL@=A)C9>>A?@C7?BHC8=>:BBEH?5B:@=69D3:'BEG6:=CABB@??;=D;?5=A/=@=F6A8>LI:=4>I;HGG=C:B=>D?>F<==A<A.C<@F4@?0@;C=H>733?AE=<96H;:C;CBJ8E;GEA7>>DEE=:B7JBB?8DE6JI:8;;B:F2<B7>B<@?:@=N?6C1?G<AG7C,?L>B9?(9H<3<@9@D57:CJ<C:><88?I@MD17C=;G?=H=DAD<C8H<<G.:@I+:AA;F@0?3%6CDD:71D6C;2>EF@9=4362@9G@@5;A6-<>@9E?%5C?@8F94=E9D8E>=D1*HDF36577E9D=9=G172>=CF0<<L?<49<=:??,AC55<?>>5??=;:D896?AD@4A<FG;B>LC=;B91-;0??;5;2CBC>A<D7AA7<@H:L;<80<AD:@:=:>DC7=@@/BJ8D@7HA78L:13;BDE=7?@//=A>?C>;?9F@@7<9F?0CLBE9<B=5M=@@9A:B5=@4:%<GC;A<=?97?@?>98E>E?F>4B<AH?7B8<2<-8;1FD;D@FC>C5<GDLE<=F;@CEGD?A8<BB<@C:H.7>@DJE=C@<@@H8A7/&EDG6D;KE===9<G=6EGJ;A59BH=CD:GB::<>3;0ACEDK7AF6B:=F@B8H8?6FD??<8.C<C93.HC;NC=4@B=A9/L<G@F4<D?I=GBE>/A;CDCD:K&3?B@:;<<1B?;?FA?B>F?:;4<5E9D<AFJJ4;AE?=:3;1=>@G;<I89<E>@M:D<<B=E8HG>BBC8E8?7@6B59;?4;FI<EG.D@F>I>=E==8BE?AA>PD/=CF;89<B4;6?D:F6E?@I:BEAAI>7EEAAFG4E04>=8;>;B;9(<99;(>CA49+=:=<:E<9HEDA<1;7CB=G<:;EB8<:9C?E9B7L>8?C:@88,D:6F7LD356?GAO4<?<>?:E:J>?8@=7GD=1FAN>5?;@BF?9>?;@F:B>9:1D7B@G=@<0@?<9DQA;C8A;;E=:2C::?9?5A183;;4=?=88*C?:D@CG7EH@A,>9?:5@2AC=23:I@?9I>BC2E8;@1H6:?9@?5BAH?B?AA<;A>:EI.IC?C1B<B;ED/@CA9>58A6<?I<=;<G1AKI;JDC6??D>>BAA6?FBADD>F8>>5;>6F8<?C;A1#7F?;F<C?6AA@>E?F>>B6=BAA;.A7@CDHH0>:BFE<2A<EA3F=<05DB::9A99<B:7BI>?F1BICB;8=:?AM:B;HD=?;B9>@HI5EAH:07>?C>::=9'BE@;J2@:D?FACK<;@?=@97;<A<=::@<GDE5EBB@+<F;99DK=<?.6E6HAG<EAE9F8BH9ECD0H<9?D<GC8D3=@A?L<D;AC:EE?@C3@AF8:<B9C?I9=75BC9E;:B7EF59E9A>G3>J9D7?776C>@?HL4B=@<6E;H8BF<=J1;9D4=8<A<KH?>H87B@CC>==:;=6IEIF6;B7BI>B0=AEGGBED3O8<B=FF3>B>4LH6A6FD9H3>5GCE@F>>=3ACE=BDA7>?G@I+6CE;>DE8:B9H:@A35>>D2I:B?B><FG/<;5>AHJ>CC7B@FFA:=5>2;=?=FG1=@=HMA=;?'F8CJI=;G<8=)D@48F?EB><F.54?<83H?;G98:K8G?G1>I;A:<C=?;E1CBH>IF;A;:B?=C676FL6>99;4FI9D<?;5I@2E;25>:?CF>=EIHCD<8J?CG9EI26CMAF;F-AIJ><E<B=:IB@:@7;@3<=0@<?@AA=D<;,++DD;DD<G;G@F0:?28C@;A>68C@DGH?6B:=;G9:B(3,>BC:8?9:0D>A:>?:5.8>@@:.<6/>>>761/AL;405EF7=;B7*FBEA3E>E9F89@5GC8O9FHB4D0?7>D;3D588>E;?EJ>3>8D.F>868C=</-.:E:4?=A@I5AC7C3:DA=3BB9CD>;:F=HB;?87/;=I6@86>;A7D/A=D?.;=?8C?C>@I6B9HDB?A>3<JD@GC<D;JEIB@CA4??>H=9I>;B@,I<G=C694G?FB>DDG;:?ED9?161=D@E;+C6BE<3C@@B9AH2>@8=E?DID=J;@?KBDB?=?:IG7FDO.:?L=D=3:8GD=0F8E7=;9M6?/=AG7=;=6=;?59B2B?>1E@;8486BF-8A9?9@AA:9;7KB@?D9?B<?=E<<7<KD?:8;4:E@;9B=7CI@;97=H>;4B:KC@C59?DA:>F5EFDGGG7C?9BE8@-4@@AC@H:F@>>E=8IDC9H9;67C9*=E5>?60@9J9CB?3FEC8*@DCAGAEJEBDB4C?B-4<<698@KKFEB:?CJ:AGC4BF@,<ABACCG</895D<-HH=9BRC=CAC7E96=3D@B9BGC:@DJ<>;=;E7EA>A9A9FE?;C>9:G<:H:B;LD6>3FA?<E:>E8=:K,:@@H>2D@=I<:C:?E@C&;9A>@E<@9>CA:JE:=AB;?<=3=J?B?18;>E>7M6?7568@E5>7-F9@E0<6A7BMHF>@B@D42C<?9@/EB?8DAFDI8F4.AC<<1A@D>0BB3B@D5C<<7>44K5F@@8>@;D?6B997:F:-G633?;=;7E@:39B8=@3D?;?BB>?<C1E;5@<81<;=>>>:78CH;:;5<0H?<=C7M=DB4<7>;H@:6?=2A?A8D<@@AJB):=ABF=H9<BH@9H<@E>AE@DG@@::1>4:O>7>9?5CAFG9;CA@@CE93FA>D7@:><9<BHOB:>C?A>8D8%BCG>ACL>>>A?A@>C:46;@?ABJB;>N;469A:,.?42A@@LBAIHA:FC>17;K6:5J>=A:B<?@E>@BB>:A9JS;I7??B?A::I98BFA>CA9@>KK?@=<.2?@BC3>=B;DE>AAB:>A@??=@:@7BDA4<@8:CCD:A384>AGH@DC8:<096C;?>?D@=>?CCHFE>GG@@B8:B8B/E;4;8;;@?B2CJ?2?8E?CBEJD7A0GD?8@C=C?B8J>8?;D;F:A=;H8EK@>AB78F6B7BF=>CA:.7CC8DC@CA=<4@<O@?=7>@A321>A;==<?:@IA:<GDD1DDCGD/C<3;F/D:9C1E:8DCF;O:D=?<F3GJ@C?DC<3A=8F:;C:@>D=6G<CD@>=;:D:?E;>;GDH==DAD@4P>@>;5@C?B>?;A?JFGHDCB;6C7.B<B<CE6EDBCB>;?F;@5A;CF:=B;=F;F;:GHA0A;BA7>7:=L9?9:=98A8:1?:>G>3HAB:D?8=0<B6>A:>BAEGD=B=?><:=@C8:DA9;068??5B<9?FE==<C<5<K2A3<:?9EB6GE8?2DCB=1A=A786DB@8@AKDBCAC>4>;?*4D=E=8;D28H/>0B?@=;E6J9@>BFBC=68<889EG9A8BM?/?=3@<<=<7F9F>92:D/CB==>CB6CHE6A@,1:G;D>3A=9A/57A<1AA@F>>D>9>CF977>A16BCD>AA25;A8<0CB=C4E=@BH85>9A5IHCN9-B@<<=C3<D25H@,EF/A863B93<A84H7;=<>9AA>9=8BH5BG;:A=9<;EC6@B@5E9@5<;2@@EA<:7I@=@>C9>M>:87=F6B3:A1@474=>CDK3B<F:=EC>D<6:5:B=>9@9;;;8=8@*F<@3<BEA6DID:BG683@46?;/1><==@;FB=;9*:;AG3GF15E;:;HB3;2<@=6<-BG;6EEDK>:4EGG?CC6@?B8B6<?@>>ACDG:;C:B@KA=B@@@CD=@H>HBCGA88?L8>9>F8CC;;7G6H1L>H8:4B9;8JC<BG@E?>CEA5?@@;AAFG7@=BD98=9@D0*A@FCJAD<@@B6@BDFA<C4A+9;@>CI:GALHAFK9=AADB>46L6:CCB=7BB9.<6HFAB@F5F<C=@?5BB5;DBBBD7?B.E??I<9?6D?:NFB?=C??4D>D<BO4L2<A@<0EB@:DHDF<HA7B=D=CAE<@DG:;HB6;CC=D:<GBBD8?B=-E;A>9:4AFKB?<EE@DCFD<@<A8>AD4<GDDEBLBFACA<=?==.G><?6A5?B>@JB>EBA>@8D9.@@>?=?=4B>D4DC??54:68D?A<D90D,H>AA1:7D=@;><8L4=K@75MHB;@<B;D276:4D?C>=;1:;;<E.548J@>59FB@/>@C@+9D1A6BJ?.AAB=B;9<;HE?CCC6K?ED>@;AJIO.I7@5KO>@7<I;@7F?/@9@B;3BD@H8C4<>465AH8<C09IADDBE?=A?D/=;9IHA:8>CEDF=<8E:9>@B?>C<E==A>;56;@B<;L;=H:=315C4?4D<<1?C6CAA3=D=&;CC-1;@J@?4;?1;HD<G=DED9B?:A)?<:DADB?A@69H6C@=?7:<BD46AM=;C0+?8,>5@:;=F9A?KBCACC9B/?C;GA7=9E?BCIH<EDF:3B7FA=A@9:J2AAAK?H=B@BA=?3D;D/AEI:G98?7B>A;?AC@D<BBC9K98?=9H/C:?;=GICFK>BC*9F=>JB:$@FD9E<AA;>BE>>==D@;AD=ICDDB.?=B5>>1CEGD>M7:=A7E9;;<?9:B8@8@B@;=@B=C8/>C?B4=?E>A;;;C4DM<@?=BFB?B9I>>KE@F>48ADH<>E@@B@64:FD4;?GBAH<?CDB?FF<G=GB?7?KBID?DD?B<A?@=<@2FE@/D<578C3=E;A:=><A;B9A?>9;<PA9B?>;=B5C?J@>?ACBF@?AG:@=?BGF.LDCEG:AA6=@<E2F:GE9BB6J;FBE:@;-A<<4G:FE@K9@<;F<D::I@>:>,?BB3E?H,BA@HC3=E?B8E0D5GAB9:GA94C<AGGAAC*D4KA-=@D=@:8@C;>9GFI2@D=83<;C1@8+:@?473GD4HAB97H@>4=ACBC7I@@95B92>@7:?9:?CGJ77EA4K<?D;;E499D;89@BG<F=2@:EAFG:AFA;I?;7=GAD@2@74@D>=>:469=DA?:<A-C<AE<D84;>B@)5C796;0<:+C@48I2;6?C915==:6<A@<:F@9>=F6;4E5IB.:@4355H5G3<@2=I<80B5@866.57AF4F:A8C:899=F:B=H>@9:>>:D0:=6JD?<A;4E<;JL=/A==<@=.C1>B?F8E;65B;DQAD?2CF8CFF;<C?><?<09?74D>3C1FB@C7AEI:92D3?@:E?=<FCBAAF4*ED99KC@=?==DF0BFDDB;5>:C=G<B@8:<.?=<D@F>1A@08AAJ<B=?9<6<@=?;??>@D6??B9<E?<?G;<>:=?5@+3DD:989>@C8=G0A3??/5C>?K>@F9@>C@B6E6ABDADCMA<86B?DE7?E?A<=;?<:<6=6BDGD:7@5I:59;FB6<:@5CBB=5A-?6C8C>FBBBF?D<<9@B><5B/L6C?=ACAC?D;AC>FJ=L8;=?.?@;8E2D1;BK6.CFADCIF:D/DAD>/78:8>E7:=@E;<5:@B>I@FE2CBB?D@DAC9??>E3>@7BAADC??G@>FI?D<AA,C?EB=A=FECJI>;I:C=;94>A7EEJ6A9E8D8=?DG87FB?8?C5I8=KA:4:B>@;;D>7F;0AD@<D@86;D>8@E?KREFE6GD0"7P@QF7ACBJDCK?499C6>=C@D<4EHCDA9BAC?:ACFECQ<E=CC<9'J=B3B<:9B3C:7?9HI<<,FIK=I=ADC0F@EHB5C5<F?63BA?@>2>>62;<B@6AI'?29;C31<@=8>60</@9=7DDFB>F=<G?H)?:AD@H<>>B@B19;CB225<8E@9;=8B<;@F=CID+GH@:8$8>6B+?C5A>>??899;4A8?C2A4<8MC?B<J/3J8<?7CA@LC>C;D?@>@9-0>B>@E+B@E=;C;CE<?@-8C9<2B=I5EA365CBFD:B?2=I.;B<@39B;;9?F7>>:1<?9K4O=?07BF)@9B1:C?4;@?,C.GF?/0=3BD0>:I<;B?JAC=C>DJMAG0@GB@7FI3A<?C;>7BI;89?<<@@46J<-C,>;GADD:AF@<<@BE?9@08A7@DEII<AAH:F9B<>H<@<>A20=DCAD?HB:D;=E7CA5'B<>68=7F+C=A--<9CFG9??=>5B/B@8G=N:28J@IDE;C,7A?M@<8C@A?9'CDC=H@7:9D<2<=C=8J;<?F6JFE>7FGE1D5HAA5DB;=E=H<A=3FF@BGB;5<F9EGC7NBA<GI?AA>G?B?<AA4,B>AAAC@@L:D=39?=K>EBAD2>?F38:G2F9B==K;=;=>?D?DBNC9;<?GCD>?>C?<?A?==7.ACC<B;>B>8CJMCA6B2:MC=A>;?E7<;<<<677@DC9F@:;A.58F>I<F::BI<=9/*29KLA3BA?CAGGA>H@?>ED@E@>HH;C?D53<?FC<B8C=><:>7N>B;,K8?H5D=56?H6BF4NEB?9?=FJF@:I:>>A?>>?9=>@A5M:@:;G:F=DCIAA@A<1D@6:BBAA<@99A5?8:FACNI<@<E?6>AGE<8<=DA/:A88C:+AD3<9>@@1E?8=9H=<@=J.?AED12B6AA=4:>9;>O:<6=D>;9E7:A=E;9<;B8@JF@?92G79:C+C16!C=CC6:D1)B<?B?38@45D>>5@D=9<34?=AD78>7G9=B2=,7<??:4F69BG;BC(:?72>9@2=6>?A:<549A>AC;>963BG:;C=B9A->C(F;A<>186A7F@,H4<A.:;F>BG?A:L@@;@2C@8A?9?:2BHDI@?64&AA@;.E>@CI=74GD55)C<CA:AA9A71BA98AA:D9+;7>8B<4IG;@IC>:=E@>5H@<+AA:FB:9@@E;D<BAB1>9DBI.AN77?9C/>7BIC>8FG<>>B4C@A-+A7@@6;@:6=F7=:9</;A8;@>H>>ED0:=EF33D7FG=:B<2;;><=7>0BJD3>GE<H8B<B7L9B=GB;BE>6<@CAJ@9DJE;EG58FD4<A===G>AG?G=G8>;<1;9KB8B;O<@7>?HE@B4?H;;6F3@A>:9?)8CI9K;>>=@;3HAGC3C=7?F@;B1D=;=D:B:BM<I571F8G6:>AHC<FH:9E5>@B;J?=>D><ADB6@@BBB=@G>H?8B9:8:>ACA?9@DB<>J)=B;7BE<;?C;D@C7CCDN9>8>A=;CM?=E6=I@@I>><<E6;3B7AC=3+?;;117@K0=9H:?96DA/63?BDDB<LGA,>B=FFD7GB@C=;;;FD:<<DB4@ME:DLBD:E?P9DE==<F>A<;H=75;6?62=9>>:BDAA??0DCG5?JC=BJ8EAA=<0?B,D3>A<6>>?DB5=JK@@ED49:A,5KDAD9>?BD>>?JH<F7C<E89C=?D=70DD4@?1L8?L4EH;AE3@@45C@BB53:@B>4>IC8?8C>HG;F2;D@=H.E;7?8DRD7E=<99JC=D91238BG;41?GAA>@:1@@>A29I9D@B@AE>?8>BBD8?=9IGA(<<53C3/:ED9>>/<<?@EL9IFDD:<37.9EN38>G/F4E<@CACA/;=;>D56APD@9A=EGK5CFB<A:7HC?A>/N(AF9@:B?A56D=:;<A8G5A@CBAC2OF;<?N9.B+6:8=C81>7B?@@I?B=F@:2<FJ@5AA@AAA?>AIB<C?G?B===@E5G?<GCAAFH>/I:=E=:BF=3:HF5CB7@8@?C>4=<IA998B3>D?H2;G=>=?<:?:FDD<F=KFC?>@L0B;D;K9L;?>><:=<@=;;8BJL=>B8ADI8:E?>7;4CA?@8E<>8;F>B;F4C45DFC;?F;BB3>AA60BGEC;DG<66@HE:C:/5?8GEBE;<G=6:?>B?>@=EC+<A9I:;F;@5,ECEJ>G;@?@?F:?@AB9F9DC;;?I318ED57:?8CB5H?H=AGE<>=@8@=?1C=:><4+@A6DIG:GCHGGG8:FJBJB@A>K9C;;C=9F?1AI@:>F9D>G<FEA;8CEGHE5S;@;9?B-@AA?;9=EK=A36;>=A@FA?'<;@;F/;<>A=,G9G7IA<4?ED7CAA:?=0/??E=9EAA6<;;DDA=A:F8FFC>:C5C8BC4:F7;9>@>7GDLD1<87EF39D.8GK;6=@9H;D;2A2?A?C77=D0=,;H68D?<:B??=8B@HA?A9=:4H<>=89G>@L55?D7@;I1D>2:99LE<>>C79<@:?C5EFC:<B>?9==B4#2H>92F@5H:(8?>3>CQD?B+:7;5D:AA;=95CGF;?88?1>H'A84><:=<6</>7@@/0<>7;/?;?45651=:>>8?E>B8>:D1><E=;BQ8D<BE9;7F67<.:DJ>G5;<:G85-484=4==B>%BA95B:9A=>8@@(D@4>3D<>B3<84<88/;8;5?%?8:9D0>AA4:>8>7A@<@E/G=.?)C<GIB78@>.4ABE5E@@778ADE/???5:=4.AK;;EF=.<58HAEC>FC@B?'E?<H:L@C3:1D1=15K8>K:>.><<>6<4??L>A?/=G?B@:FA=C??7B@?6><@EB5:>C=?8789A74MDABIEB>GAD<BJAAH;/8@<@EF@B6;:H?G7:<JCE8C@9H?I@==HE6;L?4IA0?9469@83C:.8/25D7=AF@>HHDC>3<C;6EE=A2CEH22;@4KB>;>;C@=ACH,;364=?FGA@5@CC>E?;;B;3A?A:@H3??<A=A;J;CBD8-@KHF?9@7C?3M2?7;A4>;HDDF7I@A:BD?2A=9F:IE>A7@A=DB>?L@FBJEGA<H3=FEKA9?EFC7578I<G>.>7N<2,@?:B@?>;F<=C?GI9-C=.==;:>DBBDGB@4F95F.7<B;?C=8AA<=;?<A:C8BA=<BJ4<=7@C7CI@B6?X8=E?@CL@<E@;K;ID5A@>EDM@6?7?9B?=87EB@=<A8JD>?5AF6AHD69I=DF:>76DAE<:9DGB?H2F=?:@EK5=<DCBB@&DAFM?:;D@?@63AA?H::DH<;?:B6C?;=/G:C@C8H:?G@5>GHAFGJDBAHIA=9=5?J9I;44D;;E?>2:B@IG@5<C4>8A?:7C97H=A.6>H=<7?HL=-ACI1FC>I8>@@B6=@=8;+>@@D8@JE;,=I/C@5-AB6?::==CHAFA?C8HID:??AB;B+DJ?A7J@>;LFAED7>GE?46F=GK5:C=86;7/A9;<-;L<BFC@F70:=2>FE9@EC6@9KE4B>=52A>ADI=??AA?;J@;4BFH?0=C>6=ABB0>AB>/C?D=8J@C=?=AB?9?CE5@=BKG@AFD=A6AD@5DA9F@HI@:0<:C?I9AEC77@<;DE6(=B-F<FD>9FHFB?DC?2F=D:88@A2/6=JE:FL@AG:A<<=?,@&:>?2@C9L=I97A-?3AFF;Q4<3;8=>@E<=>C5=>E;A?=9=5?C9H)C<6>>7E:1I@;1IA=<CC,:0F074H<?C?B8<>F.?7N75AB/*@>197=D7C5>7=9<:ED52?B=3<;C0A4G@5E0A;D=BAA79=G5?*B*E2153?>:;CB759<A?@DCH;GIB@KDC:==/.:I8?@>J@>79;B@F-7@H/8EB:4C=AD?D::<G68I<?E@><>C;H3@9JGA4>?BB8B'7B>57@;H;:;<A9A.>6):=AA>::<B/85ED@9AG4FDIA?5:E8E315B2:B/F==5B5@7EG<8:>==@DHD*ACB?AB9=->7EA?I<?E<4A=A;?9>4;:BJB?D:8A5A9<EFE;6@I6;JH:>B?/7AE7>>4?GC;6470B=@73>D=:;DA7?F@E>749E.29>=@1EA87A<D8<92GD<+7CFC?7578<<?>9B89:;66;M+=><@BA8;DE9D?<;F@98<>:3>C<@8,LD+6CJH=B7:H><=BD(AB66F9GC;;CED:<99,5BDB8<@ IE<D70=?464=E1;78G<A>:<3E3?D<9?>7<6>7K049E7289@3AAHCI877A=>D==243<H?D6E<@>A?)7>?8@3E>;@7CIB9@K9-C2;DK8DF1?>BBACF8A?=DE9@BA7QA@C=B?=2;ADD>6=B8C:?2@7?;GB;8G7<45:?8=3BI;:8G?>>>II>?B@:4B09>;CAD;8GAC9BE@/N?7L@B;88D?:<7:9;I?A:K7C?;@8:EHB?<-97IE8D@=0>>FB?::5/7N@9B5:A:@A6:@4E>GEB7B1?5;9A>=9:1A=:HDA8"FGB<?7A;288CHI@<9069E<?9D?:OE2@>DCBADPED==BKF:5=1>9MA3FLF2>25?<C?ND?2D<A<DG8CJ<D08@D>;F:3:C9I@9=<@GBEODJ;<36B5EC58CA<F26FC7<?;LLCEAB=@@:DO;36@CA<GDEE;;DAHH4@;=EB@J<B9A??>@:CA=>E677:F66JA=AF;3;JM7EA68C>:7.C7GC@C6G8:>G=++,?8:E=DA:FD@>H@>>:B@BIF2=C@;78=<EE7MABFAEA8>E@?E5?3?4GB7J<2A?B>?BN-?3@?I7?=CK7I3;>>6>5=.3H1I7O7:A<:8<=I7L>E@+8A=?=+D/DE.EA88C<5?;C6;AG8D>+D:28AD1>9@>B?F,7L7BBHDL@C=8H7?=CC@G89B0B:8EB>C=AF;@?E9:;BBEB;;;KE<@:9?7?JACNE4BIDICJ8?=K?<GE/3HBCA9AF:0+;B@C>C>>C:EE>A@FE?32:79=@9BI=ALAE4HF>CBG>=GBE;?CBAFHF5CEC:DF@?:8D>JBDMDD9F5=9>=@M>8>KH=AA>B<A59D@JJC@C?AE9G;;L5FKG8J1>CQ<3>4:I;=597BM?5A+IBB@EECGBB9:H?6L:A5>IB>=;BA5><,??@0<(8CAFAA<J;@H=:JAECIE<N6>D0B?B8;;>D?=A6GFF>BD?E=3D.?;:@@9A==;;<??A1=@H%F?7@E1;53F28@<I@::BBB@<B;BE2>?1=A<BF7BP=C9H=:>G@E=@4?D:E=D@8CFE<AC@=E?C8L9B;EC=@6<F6=B@3AEAJOAE@ADF5?B=@E=8@DA:?C*I;ECE<=>AAC<D>B=:??A>HC)DD;>=?AEBG4>G6B>I3@5BIA>9>7>=7<@7@BJ=B9I8D?8=>G1C89=C276@;A>D5=<E?<74FA?,<DA5@AI9A77AECA9=EC=?HCF>=AA.@B5?>G/@96C;B@LNC;>1@036EH1CB>:48G.894<F<86K;E8>@6FCE9E@718D<B@8?G:1BA;@B7CH8;FA,BDH;D@;D4D1;B3C)C@;@I>E;ID34=D<1<ICB9?<?C;0=17:>>2=9;A>75K=?ICBCBAKG6;E58?@=73FEE=EE=BBACEB:J=E>B57F>>:;9@<>LGE:I5=>@><9A?@>:?E;?268;F2@G96:8>4?)G8=2:>;8<0?:@E?D<AA=<:>6;;98=9@:=:1DC<=>3>:7:>>?C8=BF:5?2=?A441=;C5C.=?<A<8D==;?<>7?1A>'8JF;BC:@<8DI#@85D:ABG98G/8,;A<9?FFGFA==944AFFF@?A9>E8:D:97A9><?C@95JI=;I:EE=C<CD?G3G7?>:BG6=C5>=G=B9C:@?4=DJG17Q1GEA<;B<>=-<B79D;44ABB;BADACE@C@B@?BG????DFD3C@A>9EKG575:@6@@88?B2<>B:@>:>7A;<FE?<8F=BGBDC95@FEJDA8IA@:=B=:<>/6B5;>KEBA@9=946JA/G=LG@DJ=AII?=E7>>@BF?@>;;8BHM>3;>?JD26E<D773;@7?FA6G:88A<87K;HE8>D?GCF=>@@BFH>>BFB@>:=:ACF;GD==CF<:7C>=;;CC?7?GC63<E<>BFBA:=>JGB>:@5EHAAC;FA@0;8(EB=1>E@7:<RCE;=N6?@CD=D;1@?6@8H?2A:O8@78AA@N@@F:>@?QKKF=H:=ABG7:A5C@F@?AC8?32?>1DDHLB<9BB=88<<A5A@A:=@D4ICAF8;3>/O7>>22@4HA=5GDALD?L><56=FK;EICDHAJ1<J@?J?CB>-?H:18>=<7G93H6B@26=E;D>;M;:;CEBLCH9+E6>64?B=9C:7D+A5B>?7=>0KH:8=3G8I2?>?*AG>7EBB?A7DBC1;>=*B;E>E5IA<1I9>@?95>F<7=,;?4I?GDBAAEA=7@>:C<OGE:@4<5@NBI==B;I7D?L>2;4?9A>1I/>@:G89D@:AA@1D8ACKD?AF?E@D@JAHE@B=<<-<C81A;G4CBC,?<EAF?@:E1E4CCAD?7;EC?699F??H<DE<9BKFA:OGF=>;>9?@QD<DAA@AD;C>GGD=HJ=;/?>J:D?CDD;6EDAD,D?;G1@>:>BB9C<NDG=565>EC%I7H<@O::9.>><CC<:=E9A<K=ACD;</?JDBF7>4?D7E;I>3DDCEI8CBA?G<<BJ9>G5:D@::DJ?<AFK=;@@@9JB?IA@4AL?;,E@E9<J=A=I7>>GGAC>FA@?Q>3EE>;?>A3==;=/A2:FF+=HA2B:EB83>@/@<3D<E>;B@AA@6HEENA@B=9E?>GHF=@A<A=AB=DFAED<??AF7GA=DH=;KF50FK8AG@>AAFF7H?=95I?6;8DC@B<>C8>E>A6=LDDB<+=A;=A>;BEF>@9@B9BCJD?:E7A=>D?:F->@=>>D4B8L7DC<>IDD<>?A?:1:@6487<FGJI9<A==?=?<925@A8A<@BE9;7?G8A=69B76;EB=B=:><8?1@C:A?8DG(DE9LC;?>C;8?/B:@GE?:CA67CJG?<4?F=.@C8E>2@:BE@4F=DBD922BC16?B>8DB>5=@G2;888GD?@A3B@=1@C85<=1?AE=;=9:80IE7??<C<9=-15:D7A::@?CD<FB;><85<:56=5J:6@05E;D=9=;=5O@;CC5BI;DD6G<6EFC=;<=?A9=E=:3EF6>3:BJ>:9A0@?<=?3I:<?(@C0C7@?@H<BD19:>=@86@05:I?:BD:H9=EF;E1=@A8?E;2=2A=GF:<<>H595IA?696KE;26;@@B;<:6@A>>A4?48;.@F:D<=?E8I=F7<E>G@<A@9DCA3F5CA<DI:@<AAC29@G;=A9F9<<2<C;9FC??;2C98;KL4=FEC=?>8B<G>>?<:B7?B>9::<;>A@@:C778@;AP?99>@>B4?D@A;>AC;GD<:A??CE6>J@@>I/>>2>B?;AD8BDDC;?;FEG:;>>BCD:<B>F::3CBF7@=D>B;D>5AFBLG=AB<>G>9::=C9B=>6DE9AC=F3D3AE,@2J7<?;?89=8DF2C29:C0:/HDDBAG7:G/:AA@B>'<B=GIG7IJ>L?IBLE-=C>=1>AD>=GD2=EBBN?B5A=K?3>GAC4;A2E927K=9?:@E>GFCIAJD;=:B4=BD6?;FHL%B:>;JGE1CAH;9M-M9C?;:,:9E;A=>AGI=B>D>1RF9?14F9=F>BG9KI=<@B@==;CBA75G595HE;6B=17D6Q>AF=<;?<=A?@8@?EA>E87?A>G?PC>B>B83.B%8F::BC@?J?0GAE8FHB=0,H@F>I>96I2?D<:FF2B3@<:8<?57>:6@EC8>JC+D=4B-HE6B<D9FB@3;@@C=AH9IF:;1K8:FBM:8E@@@AD@@5A?H:BA+>EJ<=64G0<?47=31A?5AJ<0=45AA3A>??;,?;A>FE7F0M6E<BDC88G:5F83I=6>KAC<:5H;C5D@64D.>A7;17>CA9AD6@;59=<;B>DD1A+AAD@97E94K?D=@;C?B7F=DD>F?@@@?=8AEC7D8D=>;4D;;=L:D:E7CA;B=AI9?7D@9:6?;1@:2>AG@?F?B:E:3@@?C;AEI:29LBG<CAB?3L?DI>0@DF=8D6=CA#=>>9;8@HOB7=<D@95<FEIHG;J;<A?K5:J9H9@ABH=C>;A<<6F>6=6F@A:=>;?>3<<?;J?BF:>J=<?EA7<J??8>@5B:@8;D/B6E5B78A99>.F8>8B?>D:A;.G<A<@8>=<H>5<:?BEJAE7A><<0:@>=>9JGE6D88)FB:1<@8A;A=A;FA><BE>F8@F0D8HF<D??>A3@><@L;?5;C<C@;K8G2>?D,C>3BFB?HC?L<F<<=A=@<C:;CH6?8?B?AH>?=:J>;?G@CGA><ABDCBD8BHA@CEC88;F9=:I6H?CH56:@@5H:G?8HDCCEBA@?G@>AC<6?C<DA:;BE4CA9??@>BDG5<@2H:7A<6/GEFA5@/87I@DG@6PE<3;<?CF6J@;?A<?</?D?C8>E36@9:<67D?H=70@A99G?EB<?<6AFB@::41EC@B5AA>?E@=A7AF@L=B8?>:;@C@=9>>@=L@D><<CCCH8;A?F8@C@9<<G6<@A;FF=@3:F565-D86=@9?@C5=BAB=HD:<8D=@QI6:=8=?3<4DEBD<95H>9F<<H:D;:EEE3<II79BD=IFH>CD<A<0A?:=B9>C7=9G@<><>9AJE:08=4??>=9G;75@@BB?A9BC-9F7.:B:A>BC>D9D5A;6D8IG=<:BF5/;;GGG>3?38BD7A5G8C:B6D;@9FDG=<8>57H<=CGA2A,51C?>,1:87BB@?7@F*A07;<5=?1AG7=BA61<DBB:BE<F@@=07FGB=;E<:G?@4DHBC==BH?E<AC5A/=F<?>BE<01;A<;0:5DC>?F9EB;@DF;?GB<DB9CEB;4<9BC@=0F?@<?BE3<:8AA;7I>CA1G86A34A:L=E:DAEC?(A;?:I?;?>BE9=B:3>5?7A<39>7;>H8<<9F=:7C3??1?D3FJB;>B8D9@=8CD@B=6DF=8;?98A@6<;7E:6G9?A>?@I;39:9:99HF@?K<B@=CCC.<IBAC9=B?BH:H<@E?A8C@>CF;>D6?9BA9)8AD;E6:@<<HCE:EIFDGAC<K>E3F8AB9CD==K=>AB7@;9A?<HJ?R>:?<@@7BB9BF9=A<I8?JF:@9J:8?I<A=<DA;>@H6>EAEB@@E8?L1C?E9A0>6@8;EA1A:A8M@:F59;=;8@4.@=?@DGA?CLB<<>>R;E39D<8B=>980<4EFC?BF<=BBH@E>DA<+=3889===F?DH=D>;HDAG5<>BCJ:@>2BE?A?;?OD:BA=C;</?;A7EA<;79?4E@5@D>@K:849FC9@E:<>C<?GB>>@@5<?9LF=D9@>1>9ADN)=DEAA<?>DHE.E<G=A;L?E==?4@G91C9HC;BEA<A:0C4.5=<F)AE0G4AEKEAAA;F;<<FAAFC9AEFHG=J=D@=E5AC7E@DGGC:4CG+9F?:@>KBCHE?<C=HC912HK1=@6ED>?;E"A3:@:EG@B/A@@84=<5E<J?<EGI9EE1H-,6G:<I>(.CC<CE&2;57@E;<9AB:=J774HAEDC?30BCD;<4BCAAGB?:@A?ABJA;;9?@86E:E=ADL9B>=@I<@>BB?HBED8DO;538=<1A:<>BA5:9;>=CHFG5J>@8A<<H@>BB05@A?@>089<=GC?=HAH9=3:?1@?=BBA;BD=B=E4==F1C@+*M?BJ65;23:;26:5K@?>A<>?I;=8=M?>?A79<?=BB2B=@3>E::@HED>46DDC2=<@4HB;D8G?A=B/<AAGA?EC719AA'F?7C<71=G8K8;<GB6>=I9ADAI<<>EG,8B>?A;=AAP@@B?9'>F<F <</A=@B2B?B@CHC=GAB79=?E=1;C=B787@<?>GCI????;?=C??BG>?@E8FABL=CK,FB5F<D77.*;@8G?@E8>AI>AD;@<?=A?4B?=73C;CA12CFCBDF;B6@?=IFF:?G=DIFC7GC4@/9EA<FIBB2<9@:?DB@0<C>=<-<HD;BCA?E@9B6A7DBHE>?7=D<0J@?HJ8.F<?F@>9165:HB8BB9'7666=BDEF4C:<=>?::<CDCGH>9?HCBCD<E9>8F4GH9CEE;CAFC6:6;7BBH>?E;>G?.D>A;??3G<7A5@:87?B7H=G2>9:FGID<A<:A?F59G(F<=9@K:A9:B7JH787GKK6<<='BDL=6F86DD2;BC1;42HCDA51>>:K;<:LCA;<CC=@9=<C;C15<D=?*:=:C>7A:H9:AC?4HH,1C72:>@*E-K:?>H<1C=@:=B7>C,<86@@BN>G>:HH@>B42@D?<.224A:??8?9>CB9=5A=<1E;2DNE87D86F=E>H=8KC6@93F?;B9(3AGI9:=:6DA;;??A8=9)2E3=GKB7;?@8;8=*G@A2@>5E85A>:9>?>88G<B:5@>?&?F55>>83B0B=9<9@9IB?30CB?BD@=.B76*A33=3B7?=?@CAJ9IDJ.BB8H?@>D?CDFEG@<J/G1:B<=@ABB@@A=:LBG:;:=@@D>@AJDL>>@96D8<G0?>3I/AA?/CC;;MAFM?HS<A=@8DCECC:@HFB:B=4:;:ED7>.:EF7C;H97A8?@CF?;=IH>8F=H@DEF7@6CED9A=75AF:E>6B>8:C,DA<BPEE>BG<=>D@DKG<>D3?I<CJ6>FE=A>F=C>57?AG9@H@C><@A>&AG?>;C>7>?G60A<:=?E6B8<7D$D@H7A9FKBAFH1A?;6I@1JDC?AG>DAA<=F5D==HAE9D@=><>4GF896G:=F?@:9DBN<;A@7A@@5DAG=A@@<<6CIK?<5;D@9AF@>DAD9C89=@=:AEBEAOAC?E8<EJC>C>EF=5?F7?A7-DDD8@<B4K34E=@8:@26IC?>@8?J<A>G@DD2=D??:<+AC=>:=H@<G::A<IAJ=0H@90;?;A<2F;H=:@?A0G?5>=CF=<19971O>824>A3?DBKC6=B<:;6FADFBAC=@3A7C=B>@JB>=81??85DKNE9)<?=6;>C:EM;FF<;1CF<1;A@<AB@D@C86H:?<F<BAJE?2;A<>C=8CECF0;J@?36GA3?=:A=::=>9E>F=CF3J5;CJ><<IA3<CF>C@;::L7D6EAA;?A?2;;DB9@6?OBI>D;2C9.C/,G>AB8?1><7?HHH>6<CD76>L?DD2;>@BF@<J943G27B>6=9/9<6J2491@<16AC1@<9BB,AD:C>N69K?B;::8A7FEH@CC>A><;3>D4A)9<E;6B7@I@<908@8:3D.;A6??5@>;I9DCB=?AF:7A;B<2O.=:@>A?DG=#JCE=:@:;=:?@DC?9=;*6;5ACJ<.70HAEA>@9=6<76@85C.94D@=4<><>AEB;0;CE@<4A8DE=:>CDDJA<AG>=7EQB=??>;HB:EAA=B@AJ:B1==BE6,A=C@0>?1@:@A2@085<N:CE06D0BJAABB6@BB?::CCHD8=6HCG<>EC=AAA0DD>D7DE5;=;@@B<?>?;BF?7KA@@BDEE><?7@JCF43A3?9@?JI6??H9-;G?B84<<HA>>FF10?;94J7=13FB4F3E.C;:2>B:?@AFB<CBF>CE;:70=:3=EAF;=3;CA;B>%DCAF?DG?A?8B9;?>A8>C621HFBFCAE?+FB:C=D3?@BD=@8:?98:CFAC7C=<?<D=:<H<8:8;F6<56F>3,>;;2456F8DQCI<?G:K>=:M9EDI=8635E9CB9H/D>3.8?BG;:E^.E9?B9C2@G7<?3KE80<B<29;=;:?996<?CCA==<<>0?=B:H?A472<5*<<<9B5LD?G<G7.<;>6>G@5GA;?F==7CB;=G@2@E;;7A4B1>5?;HD6<=96>BEF>@@A=L;?AD><7<DC@@7<@A3<0==::4=>=E;>3G=7/.C?FD2I8D379E6827@@8IM=@5E,;<@DAC9:8=C:CB=AI<A:99F2@>?@.EJ9>9?E54@6D63GFG'B?4:D;>8@5>6GB7@@FB=?6>?5@+<;@<AB6A5B-=.>89?I:E:A839>;??AFJ9G<7D2C@A=E9EDCFC74B@?E?2JA>BK9?:;?=:DMG9MID@B;DACR8?:=B?77697?@D<EFEED;?/D@CC@O@9M2<C<1;>5>@7?;@A?E=C?B8:?@;D:4C<JB7BGHB3AAD=DK?A@=FGBIC3C?C=B;CB5D==C5??2/6E;A7B7F68?@1?<A<GCBD4B0DCH=7EEA?;:38BA==KB>B@;>@@AG0IC:@J&FH8H8<?CHGB?@JDB>7C>KI@=GAA;9@9C):F:@-G<6>?G@E1;FBP@JGB<CGD<I?+A=7:@<26GHCB=@5A=?>?9BC9CADC8>J8@G:I<<F;?:GOCA;=;=CD?=IENH0;)B9DBB>>A?>;=C<<AB?BC==6<F=;E@BK<;E2HDI<52C@@A4A;?E>9;GC4=CC37C;D<:@<:G??D?7K=IK3HD=A>GD;78;=1><II>C4C?4>??EA<=LBBCC7J=1@>DGC@/7HC;8=C@CLCB6@==I@=B?BGD@EEAJ@9G??LF>8H:;;J7:BC@?H:DJ8@DFE?><I8@=?@3A/GB9>><GC?E>5-@EDG>==<;B<H@C>8>IB4>C?J;I<;==6<9>>C9?D?@8?*DB9I8E3D90@>KK5=4:?BGE/C9BA>==>6DB=<G?AAAA>8CD?A/>G2EJ=757?@F0EG>FB@L=7C?=;>BB5C>;.?->50CDA7;B<;C63DB;@<5?<;<<?1=C<>7:ADG1H7H;*6=6?>,HB@D73JID948F=CCB<ARA7:;C?73B=8B3<D>3=D8@@<E:=A1DAHCC@@51:6=48<D4G4<?B><8EJ>CCB39G>BK><=HBCC?E9B?J?*<@=?DAB=A>45C;7;A=CL:K5<;9;8E2C9@@@5C:69B8H:>/D<<?I?F@==6>=FB48@C62B:/A@EJA><A3AADCDD>@7CFA>A<G@A4CA=4BG3.<2>BD6DBJ;F?C5==@@B/<@CED:8=6IHB7<D<CE@6:C@E@==B<3KGE<;H6;>9GA@F=A?FBC2F><;>?272<L25J7LF>@@F9GC;<BF=BEAF=9G5B9;?GC=;F?0;B?9BB;AF3;?I8=FADF@;FB:9;9@=CA<AC>>:>H0=8>6I8GE3FG5>>K@7;B=H@EHDHF7G<@698CAL>-:4>AIC:E?;FL<A;AE>BG?8<B;G>-8>F3?5C9B?<<8F?6?B<76AE>93@<0AI<F63(3BD0@=C=>>B:>==;;8G@9>H3=4E;BJ9;@:/@+E9ABC<F87?8J8E9AEA8;5?8;A7=><:3A:?64>85;9?C><L<:>4FF?93D:8@H8H69A6B:@F76=;24D;AG;L85B1A16=7F:8GAC?/F==.D8A>@G.JBF=DB?9BI91L@D@2E:@D@@E?;F>A==ABF?3BM;I;DB==>6<@3.88:B.:ACB7=?<(@@=@F>;?9G?8;8?89AE>@6;9I>7:@BG4@67G?>:A7^DC<>KBEBKC:8@>ABD?=>EA?8>=:C;5BE:<7CA?6/@=<7E6H5C=C6<0IE<;BJFBAC1E/5LB>9CB<?O4:B?9A>F;AB-@>?94ADD?=?@9AE:B?CAC>EB@EB>>;G?7D4DED=89>A;HC?)/@FFGC9:@=FG<5<>JF=BDCLHE;@C7B:8I@<49BB:JD<7FFD3GC673-;8CFDFIB=H?5><D<F5GDAJ?3F?BAEH,E>:DEDA<8?>@FGGK?>@@C;E?E??G>=IJ5;=C?LE2:EEJH>BCGLI1E?5R57HGBE60=G:@GN<H9<->7FA@>@G1LEDCK:D?=A=3F8;676A6>>8AEBD3>;=HB;FFBHDAFA???3@AJ9@=K98H*8GGG@BAD>@>DB=B89CCBA?CCG>7@=>?7E;$8=AC@DC>>=B9@::KDF<ESIDC?@@;GBGDHB@HC@BBD@@?E40>;DAAF9:4JB:8B=>4MA@8:>F?IGEG?389>>>8<EDA2DC:E=H?I@P?=F=@@A@>;?<;HG2JA<5F::A=3?9?I3=1@;J9=;?G;=9B46;>;DB59FC4MF@:<@D877E998A;F=HBE;=;<KABA/=04AAD==8>=6=,<?59=CBH1XC8>9=<D7H01B6E:@JAG?AF;==<KCF-<@6:C=7@F?/?G?-@49B.7C@/BAHDA:HG93DB<EAC8ABHD:H%>=BE/?>7FAF<?7>=J5A/?<;<<8/9G<=CB>C>:6>D2B<;E6BK9HA5?:AJA>DB@C=3F=D?7B<=?EF65BFC80>=E<@2A@;E<BC==3FEG?=G8BNF?2DH6?JA791A9;A<;ABDB=@BGD=ABD;AA8F>A>@BH8CI57AE=8D8H7>1=8EBH:C7@C-GF;A?G=/FB>:F@=J?EC;=??7.=K@ACG=C@8E7E<9@,?E@<F::4HGB9CE40>AF9F:5GJ?E4KB<9>-AE?1<D'3?K6I<3AC?BAAC71341E@G91<8.FB8A<B<HBD<B<DB>G5<EHD<FH@?;FJB3=BC,?9EI4G><B<C8?7ED@89?JCFDECCCF;-:=?;LACHA=D=E<6?37>>F@?@E8F;46=8B@@7IE<AJ;ID4A;DA;D55O?=;,78DE>M8HDC:>@EB=>>5A>CC2FD:9<??1EI0;4=*FJ;A.C>;.?;B<>O8:3:9CAB=A471D<5?J9A:;,BDBC:ACBB??=<3C9:9C>7><?A?7:9CC=>/?C88:>?=G?:2=?@FB;7@5378H:D8:;@C>-D?7>>?LHCC9E<9B:A2C=?H?5B4FE?A23<B:;D:G?5B7::<@C57?=<=>9FK66@@9/@>)C:;D8/C77AC8;7=B5C7CG;4B<<8DE=HG>@HC>ADA?=AAG<=BD837ACJ6<=@<<>99D:9GG?-A7:A=>9=8GD4:@;K?EDOBFD>G;/D2C;9;5B??G7;E=1C:9:>;G7=??<D:@<A3BGCA8:0<D>2HH=5G8B=CCBEB9=D7K<A:?A49;B8=91CAAE6C;A@H=:C9CF9>;BA8?8KLF/@?>D8@85.DFF8KH;?>=DF7@D7;B1CFCBACH<?HC<??H<<=H@<99;7@6J4A=7D@9B@GI*A@JN2=C39;85C<>?C9:?4@:EA?A??7<778;E8H6@5=K6>=<=9E7:F2:M??9AEF5@:>D6ABA;:CFBB8DI9/JB<6A5DF@B><A<>E?7CEDAAAABDN93;45:<80>=A:7;BB::OF84EDHE?HF@E7IH;4?CC@>/ED<CF=F7B>D8E3C?972@ECHD2@DJ@7DACIA?F@G;G9CDEI<98@JKBBIKG7C:JB>2F>FLEI=AA=C0FH;3F8DH@LA9G?@5<B5BEKCIBD?4.ARE@>E?B8763=B?DHI9JJ8FI5A?<<<1D@:6F5=ME;4=B:CGE@<>=G6D:<;BEDF6H8=CN<MA?JCA@B7>EB<?DAA5>A;B=7A=@C?G?B6FE>DFAGEBAFAE;@DJFFB@IK>CA<=BA3?5<C=E=@C2?F:G><AA<AEEB@9=AB7:;H<8:8>F2GBEH><4JB853;:?:7+4??6K45J=B928E?G9<=<<:F==AB?1<E:G><A4729C>@?C==?@@1B8:91<B?8F@K8?@4>5@@F?BD9A5?4F=?<A=EE=>0=8F<6=?@AADCA@EAHCGABIDEC>I<D96D0?;>ED>@8B;ELDB?<=;9?8/6D@?=68:A=>9;M@1D3>=0CCDG>4J?;?;9?<A=KLD9D5E,HB@>824K@3?8?@3<+8HF8>E>466BB7<6?9DH?F19@EE?JEFB<<@;*7FBI;K@D>N?@9;C6;EA:<:8?76>9?8HC<?D12:95E@B;C<F?GA8G9MBG;CDE8ACE/I@>C?:4#:D?<DJ?3AB=4M@7=A7A:>1J@H;C@45FA<6C69B9??B;F<M8=@EBDE==>0AGBN/JALGI:E8N9@B?2AF=B*:?E9;<B>=;A=;:=@<7?I?*<68B>CF5-;6;F7@BIDA;?E<1@C<:BCH480C?D:<:>AD>CFAC+@<?>?K=CCC@<D<EE>CGE:8CC5F3??=:A?7;6>BE<>>69:JBDCACF>BF:?:5HCG=:<,>9CCAC@I>HB=?><:C9GMD:<G?EA;K>/A;0G:297<6)BA8?=6;2A=?;<H27@ED<FGE@A>A:7CEO=;C>ED=/D5;;ACEA2I9JG9BACID=LD8H9C@H=E:G?=BA/FHGD-C=@;?@B.;@<G;>A0>?6ADA>ED<@?@:/=BD/ICH=A;CB<@J8<73E8AA=4;9/M@/8@7C<9FD?;E8BK;>4B@<;>;CD>5A5@C=1<DCAA7@F=L<CC2I;@8I5G8/27@CECK?E>BBD7FBB;7C>;7CA?I?<9;?=FF0E=06F=>68>?;;/5B=:D07@0<E2=.JB?@A:8@;K@C9J;-JGC;9>G7?.>9@1;B>1>E=6>ACMD1F>BBBBB/E4.CD5B01ADDGB:CE5819E@A;BIK6>===958=3=E@=?/@6CC9>C@<5@GDE4I1??=B?>9ACA;AG@29E5ACGB?8F<NC:ABA;ACI.6>C;F/96=F81ABB5@?<6B>>;?;5AB<CG@=ED/?F>FD?7@=>CH/B84FC9;BBK=:B;<CI<I8B@IH>>N;L@?:F@1<AG6;G97839;B-@>?C2F?HC?;E,3B4:;6,C<4@H9KH>>3?BE5@A>@D?:H0E5<;CG??KC<JFD8;=4C<>CK76EF?8ACGCBA9C<:A=G@67B@AE5:G=;=AF@J@4LBE>EC8F==II?A=8=?<D@E@=BF<FAFCD<DC80HEN;??;;<3,<=E?CBI><<7>I;FBDCB3CEBAA93H7BB@B?FC=D?4<>EG=C;D<BDEAJ5ABE?=D>E:DEEFID8?:6:1;?E7C;@G=C>ID@B8@=4A6=8H8/E<@H4L97J@BEE6A5A<B>==FDAEEBD<IBA3FI8EH6<:8IGH>=9<@?<5DC@B5DAC9?:4=<D:@1C?C?88?K4A06?6>,<.B=>;G-B@C<??FHB=B@G@@;A/GD?<CC7@CF3?I?:C15=AGE=;D7.C=M/A;DF=/86;CAE6@A0AE>A6I@K:1@??1'CAK<76@'1@3:@?'!D??A6BCCHGF):;CED8<@A>B9H>AA?6D@3?=C1?J1C965;DB=L>LECD=J@GB;8OB9DD<D?CH<H76<7B68D9;@B6<CAB:D?7D5;;9=><?2>BI.H<?362EAIFF;@@E?<<98@K;?>=>@<F?8@>5G6>2G7:F:?E71;<C?@D3<:@=HICD@9BCGHE;D8EF@??H4=<BEB?D?@4G;@:?E=>G@C;B>9CAAMCE<D<A1(B2CE>3:ECGA?ECF7DB??JK8<AD<;B0F@A<D=<1;@@?;:?><>1;H>=A@=H??ABCJ=K;BH8A;E;=E5CI;:B;>>?I<75G=8AA<<;9>FE3DE=O78=>EF=F@73<BA=97>?>@?A@:2>7:LB79=<C53:@;9=N5>>FAB86EI=B5G<8;>FJ<<?<C99D:@6AGF:7D=G5D4:J8<96:/:=>>6FHIBD@>A:@8??9:EA;9G;<7?5D?IB>IB@<E@D;02C<;H9C>CIBH==ADL:K@:F8FLB??G-I?BB??IEB<BC??=C@98F?E<&;3@DE>:@;DAABDA>:A89:@2BG=F>@B6<>H2BA>7D;BE=94@@D=D6IB:CGB4C@G@6J?A;;7DJ?I==?>??59D=A:I=>D;D=IG>E?EBI<EG@4:C?5>H=H7AC4@D>=9>9A@GA6@@G@A<GFKAC<A>?B<;><;<7;G;3/;7BI:9?;@:CG:D@8<9=;,D;@Q;?:9374HAEF>G.I@;?AA6H;@3EFBJ<.A<=>?9>FB3D4=>B5FG=FC9A?9A:D?CBEA;8697=D;E47?-@@?C4@?8E@::?;9F=F=5B==D99N8698F:3AHDJ?6F8=:HI@<D/D8=9D@??JA?9<GE5E695:?7J;A@CA<BC/9C@E9DD:768@<69DC:AK;/BDJ@9>A=85D@:<78F?ACL<FO7<B8B@?D-3B@;47I7?H3/<1:HAG;?/:HHA@BB/59?=7D?GDAE?B@>;4=;3>@F:?5C669;H;5;6D0>9A6EC95>C<?L6F@5@I<3H7698=B52C32H@==A?.9>=7D<B<<@?C=AA.?<B@<3;K=?>=DAA@C7=@37>@AFC#5?@H?CBC4?@83?C<>,B175D2:6:<9>4IB>CBE2::>B,D<<G?;GI?G>=>C974D;BDBHGIB9=:?GC66=FB6A;I;/>HCC;BE==EE?4=A=<LHD7MA;D>.=@91DK>/<AB<B,==HCAG>G<>>N=G8EBADAMB>B>27B><3=;L@FG97@0;GE.J6EA>FGHE@GG;-7A8?>>2@5A>GA<EB??<D=?<E<KB6FC<??G?I2@H>BCEC@FJ@=DB<A?IA5<9C93B8<EHG>;AF7CDCIC3@GH;?CA5>C8C=FGHB@<=;5CE>?EC6@J>B@96=FFA?<ICBB:59:?I@IGHC<6;>=?<2@=6CAFFDK;;3E=;B6B7EM??<8A=<>@A=@==EG=>7A<H;FE4?;6@=R9FDB38F57>@EG@B4<9?9A9HH5C?>>=:H;G;9F?E0?FF@=CA@<C=<6<7F=D8:<02CB7O>9O?HOED8:7?E;40E76?ABDB2@FA<CE69B@-2@@@>@>C<=6E<D8?-I@6?A=:H:B<<>C/F<D?6GDJE/2AC>PFCB:)>4?A=F=BFBD47<ABB;A<;H<7C7G9CD4K7<>AEA=CE?HB<?=0A:?2>BCECDDH;@BB<6?;75FF9<?N7I=;(-:F=F?=2=B:96>6?;@=6AADBD)I5D4?=GD3?;C;GF>H9:6?@>0@BC0OA3;I8L?2<(BJ;>8FD8;JAE5C>>6DBD94I@G;@-?@?3?>8M(82;B9H<=C@87C9=<?=9F=?BE5*G>=?9<3;?>888:,BED3?L=>7+HFJ3<>>><<GC?CG@18>.<<;EE9B?A9?89DAFCFFC?F>7GIEB>67C:>E@880<84::F=F4@=AE79B=>B@+J594AE;B@<9)8=G=KE?=::A;A8?G=AA5CA:98GH@<96DCA7A?D6M:FA@G?;E>@0=@J87>7=12?;?1GBD9>-H2EDFAHA:GB8HH@G@F;B>M9>I?:8F56JAC=GF>=3EBDEI<=B@CDA8AF>7:=6F6ECE;AK?<AD?>@?G68AEGA?;=B<CB;7?E=;E@8EO=D>19>HB?F?E<@DC@><@AKF1D5HEE=@ME>@G0>?@AJCICD9C1?H=C9CD>:9;=@H;A;<F@75J:F<HDDD7@;<F>HI=27GF<HA4>HGEEC36DBK:AA;@8;B0CCA<A:BB:BQA=;>AB4G2F==DGCH52?E==0@E<><=DF99A@DCH<5<LJH@CD>?9C9:89JFD:?EA@50F5HD9F@<D>>=89D;E6%JDAD<6=:93@C9:69?MI=;F@>6ED@5F:9BA:E<;0CC@7F8L8=AEGG?D;;A:A;AB;;A@C;B0=?7?9D<;6?;:=;G@+A?A7<AF9?A:F8A=?I-I@'8B9>AB@;6??H346A:@A8A<:X4D@AD@E=;:;GCE2C8:J;961?=9DF46GA=F8:IA@BA?54?A<3B>=BG9?=;E8E>=>CJL3DA?B?7FII9@DE;>EACB3<E;A9F87<A>F?97>C>?;8CHEC;@AK6BA4E8E>L=AGG989FD=B<?9IE@GDH<5F@?GBECBF>B>>?8=.<B88FDDD;A@ABCKG08>56@:@;E;@2BIKA4A=A;E8??1A:-A4GEB@B;BA?B8<>KB.C@:CDG6>A?7?FDG6E1=DG8C977F;D:=H@>@JB=;K?A;@;7;G>:I?>G=JM;6=IC=GABL>;>;BB>EMDIE=EID03>C6-BHCB:A7;?C>4@JC6:<68<:><AD5IK/=BA@?BBB?@ECJED>>D0F0@2@5>>BBHHDG98E@8DHGA435<=@>AGDA@:FB9AE@??;C8ACE<GB3GCB;G?F:D6:=@GED>?LA?DJA?OA4F;GB1E<BACBB4=5@8@??;CE8?=CBA5:@8GE>JF;8GEA>2;E9H:4ABFJN48KABI>9D0B>;8CEE@7AC<F<6>:L?6?FJ;;BN@O?BID?9CJ<JAB7?H;=7:FQ4.=@EBDE@FBB>HC@=?@D;5<F1OBDLFBADQ>F=:CF=7GDE88D?DMB=6><C:>B5B-<>:D??><C8?7F.?6BDABD<BABBBK=:;E5-I=;>F:65DJ;D:H-D;>6<ABE-HB=E2DC99;4>1D><>N=??A524;8.K<@AB?.?70=<3<A?@E@@AN:C@F<FA=E2/9877=E9EH<,1AD==>;?92O<.B=G;9C1>@D?>BBBB;:6=G<>?A=<@AF=@>B14D9=<>CG8:;J>*B;>GEEE63AH144>BK;A8=AI5FBMJ:8<:9H>FBJKBJ<E;8;H6ABJ2E?:897KE;C<@?@FGBA9:8;6F9>?>@L*?E6=;@FA3C>@78?@<A?;=A>?ADOIE>=9DNB7EI;<:6FHACEJ>JEF85AAB8E.64>5@28C?94HG;;>:FD;DE9>7B:@B=<D9B=@K>=6EBB9>E2A?7CHC;:D>HB4I;>4A61AC9:<E0=8<<>5EE92DQE/@<A>D:A6<?55<?F9BG>1:86=A6@A>??E<>8?@D7F=F<HF68;E=?=A>H@9=F?D?1J5BI>B>9@AE;E;EIBHCA8G>@A:8B:@7I:2?1>:@CC:G3BB7A>;D0@=CKC<CCB:=AN@DG:=:M<=.D:DEA=B@=JC;3:<IBE4DR9=>HO?1EFE?D@=BI?0>>=A)@E<=CED<7F><A8E@3<C;=70@A@@62?7A>C:E@4;@=:2;GCE>?DB?CG;C>@?:DED9938@@4><CC8:I=H;><F=:?73;A>:;CL5E9A9DAH9871?68@D<5@==8D1;9@8/A4AE894>?>I8B86EC<>AGB:8C9.?@4AAIL;<=>:FC@HA0C84><B;87C::H76<>BB=7>>:AAH:=@;07AAEC:EE:;<6AP2BIB3CBBGB?G>C?@B;>@D=<G7/7J=;G?CN(>>:D64?B<<8@C9B4.6M@8;/JB31=92<62>=+7?>@7E@6??D<B@:@<GH#F<;95<>;ECD>@;4CCCBCF;;FB:4=5K-8H>D@CE54E15>F1K=H3?8DGD:>H;F>;F@/84FB1F1A4/:@/9;;@E@=D6<8><=:KG+86=DCCEJ8=IE7J;<85CDD>7@GA:BB6A0CA/C:@=>EDFA74@8:;?49<<D;5D?E+BDH9488CBGF4;@>H@=E?2@GGEI.0=>@C93:A2A:98<0B7C8AI=A@H=9FA4?9659ECA?FE>@=HC<?:2;F<-AG8;=D?93ECA8IJO?FFC=7:7?AH=9>:=EDD=<4DG@HA=;C1<H>5GF4?EF@':G<C::@9C5K99>D@5E7IJ;9=?8;8??=4E@IB@<GG;A?5FGE8C:J8A=K:H9CGJ7?3BJIDCHC=:ABB>GG2J/=>@C:B=>:A<B/>F6>7@C3=D>9@MA;9G9ABG?GBC;CE@?B8@7GBG?E5<@F9=:=CD6A5GJHDC47HBF<:<2D?><@>EF>E@KBA=?H:CBD<6D=I0CE8JB5FA=B@;4;?L=@:;=5EAJ7+8EA??C:LKACJDCA2=F<>D4C=B>79?A0FCIJ7=B-CDD?A;@C?CBBLH:C:B999:F>=9@>BB/EF?>3HEA;I22;D?:7@B5=>>FEA6IG;<@2C>E:C=:<F>?DF5B;5EEDI@;@@K=NC>:E<?E6>A<;D7F>9:I/?28>D<9@95<DLCF2A297K>B<?>A>E@6D@B<1D?.:BB>>;<=?8K8E;;:D7706>A<74GA/7FC:G=>PA===;=?@>=>@<<1;7@9@=DC93BC7<=1E>@<BAE4JB<CE3JAE4B@=?658A@?*CK<A<KC>J;H@4:43=2@EAM<7=7=7CBB;G9738B3CB@JJD=@2E4@-<D>?I6G79D-B<B4<?N/A:=F6G?DN::6BM@?A0@=GA86::G=:=?DGEAAECB<2;ADJDA@>==GCJ@CJ>>3@:;AL;<<BB3?<?9:?H=?C9=9BDE@@EHD,71E:CF>@QE6CDI8(@<?F4@EC=B3DDAA-7<DF;29BB;JF856-==5E><@;99I458B6=?A?;>ABE?2?BE67;7<A4I3D>C083C<:>AI?-<@C@<>,>4?4CDJ2@G==83D<J&A6@;E@@CGA<=25J<D==K:E:4>;FCF?=F9D>D9=0C@C:<DJ=?5A0B4A;A=?@0GK:0F6>?<?A:4C<C@<>,<B?6AB>E>E>72@HB6B;?I:<9CCFFBBC?6E@D<;?BBB>IC:DFE;E@3B3.9;JB8DBA=;;?<A=HD?B6D>874GFCDF:=5B<@7H:75=:A6E=AFFG@;G6A9EA=IE?<@CEFH:D<=>>EAG<CKA8B6845FC@C9K8K93D4F;ID9@;;6?<)D@G:6B?A<;<7GFB<BG@A,8;H=B>88<5CJ@CGEE45?EBCGFF>7;EELBF>68@?7:E>C=5DL?9@:A>AH8FH@CH?@7M?87ACED9D@@@G<;4CDFAD=@9>:6E*@=-=A=;H8I3=3C;@9G==AAG8<449<6AB4D>96BJD5C@5D83.<2;;F;A;32>>:><<><77=?@EA=?EHCE9CAF7>C>DHBF;9=E6CC,<C@@6CC.<<;H:869<=9F8??(>?>B6<&CDBD8E/<B@;BF7@8<8<=DB>?F=B@8F7@??:<??G;CJ@3;D@?IAF9HA?=BEA:9?DC:C&F;IH3?G><>9?=B59:>AGI@?5;BD:AA4@D=DL3F6K;=C5?@F:P=>=;5<G;3=732;?7A@7;?EG22FC6BI9B?0DG:<?:E<>F@>;D5BAF9?/FHD78K@IGI>D@B8FDA=<H=A:9?;;?6GE>3AG<@4@:;8E=B??EDE@AB??E=?>A=B?;I8EFC<F:FF7C86A@D38<7>9GB.F1G@;@=B>;*JMC?A:B@AA9H=EB@F@:>HF>C?GBB39LF=9B?O@A=73FNCJE<3FAIGF;2DA=>9?HI@2BAIF<JD7:1H@A9B?AHHE?9DEFM3?A>C<8ILK=CA9FDHCFCF8A;HA=IMDDKNFB;@?HD>B@;:7:AB:A<>BQA@>.9FA4BA4DEF>A<;:AF69A@9IGBDLD9<ADG:@B=;E:?C?3BJE?D>EE>M3D>N7LA@=7D:GC=??E5:;7J>750@I=C>;A;GC=5BEIGEB9GB9AN?CA=;HC4:27<AA;H?HBA=>C@>I=<F8H;=AI2A:G@8?<?C<:3HH<821I7GA311DC5HG>AF@;G<C>BBBE;D@7C=B><CBDJ@65E@9@LP1><36/8AFBEID?BCHC251A9I@IF*F=<@;FED<@<<U/5<>H8=:?A=MDDFD9>C@@GIA<<56F=7=?CAC;2:DEIC>B5<IKE?6@><,BH@0C/=6P6JL2A;:;>7B8C=:E.K?@BF;BA1F/DCJ?8BJ9?D6A3ED%6DB67I84=<4K:*GB;>G1<M>9<A0>>IA>J@D;>09@BE>JFAB<9E<@?B:A@696BDAB<@8C1HCE=?AA;B;H;<;<>BKGE:D:F<>BE;;5;=-=*BD<9+>;E+@;=NH:>==D@D@;D::>@<BA:@E8;67@E@=<:?GE?C=96I@>D8=:.@@C>DG4AC<AGD1C<9EDNF6>;FF94N?=??2<=9;AC1.@5E=;LJL;=<4>1E;BBC?EJB07<<<?1D41?M<?6<>ABC<GC;D;<;DA9>>C@DLB7?@,@D;C@66CB1B@H87B7D=3?4:?6FAJ@DB;C:FD:A?<9D>D@<?D@@A@?C;GA=B;B@=AH>/ED/MGEB>>C9@H;C>?I8<C9H?BAC5G>I7DK.<F9D?BE@E=?5GG;7>?9D4>L<@@E?ABG;IDE86FD;BDDAM0;DG>B@7F.49K5B;==D>?4>@;>A</BF9EE.<@AEF=B?H87GGAE6<A@<?FDGC9>FD><6ACDFJG8BC6>?>?:?E<?@BFB=2A>G8D:3A8:B=6IEC>D/7F@>=9CJ?>67F>:?5D?=?<F?C7BF>/;AI86<F:@CA63;:G>6B?GHA==AKFKKH.4>6?1F>8<;ADGHDDF;>JDED8;B>I5E9=BDIF7>H<:29IIAF@2>7<@E?GACB,)@542@CD@?-DA7A;;F9;8:EA477;:;AE>AHAG6>@*+;:B0=8CC@BA;BB=@6;A?771279;@>:?7A<AA/E=0=II5@F8I8>=??96@4AI>;9?;B7@89A5=?0;2;7>>F;<9CAA;C>?ABADDDA><F>>=3C:79AGG==B@5GC49;;3I;GBE:M8@AAD?C:91C7=;:9A5><:0BA>@98HNJ6HBJ@E9<M?4C=/:B@DBH6D<?D>C;;A;@C8@BHM>8D79:<C0K5A;<@7A?B9<;>E9FEA<8?D<?=CD7#9CCBP=GKJBDF379??>9>M?FD;>6>E?LBCBM<8C>H>9<=D?9>ECDFC2>B.=I>8@H>:>?GHHBABE5ID9;?6=.GD@<B;@?:8/=>A;9L=<E77E@EKL:BA:6>FD?A8A:EBC8>?@=?CI@=CFA<>5A<F;DIG>ABI@=BI5BDBI8>HE@HFHCEJE;IEECDI8:6;AG63=8D4@=E?EGGD>=<CC9:DD6G?H=:BDEKG<EA9B??<?L;57=@7I8I<9G0:E@48/@4@@?0C<=E@B:@;KE=LDA8BF;F@:H2A@?;CHHC4=<@JAG:4#;GI/AI;9D;<8<D4<C?@94A;=@Q@:FAIE=91DE:;<F<AA0=2:CICG>9<>CA?EC>D?AMHI7ED<F?G=>=C9DBK=:HBA:I>FA95;7;=2@36:7<3GI?E+>A8HAB>?EC;H=9=3B=:4<L@<1>F6E@?FCE:;ABCBFAI1D699<5?HAIQHA;=:CAD:A@E>-:DA>D?B>C><>AJI7D/=B<>BAB7B;.>B2I+C/:CIC68B?3>M45-JB:GBC9>FK:<B?9BJD957H:E/?F6AAAK>EC?2IJB>B;GCEFAAE?H=7:??<(9??0,?E.5?5750:4BFKECE21;DAC0></FIMJ;C=?@5BDE0DFGIE?4AE<<<:MA<D94E@@C7;>EDNH5?BD9<?@?:9@9<ODDBEAB6?><:3;.?2;?BIBC?75?7A?K>ECD7H/DEF<CCC?D)B73FDAE=85;@.I;B0@@1KK<9>8:9=15<<97;>DHC@D;=8D7<3IE;CK?@3G8;ECJ@:D4A?;BB54376<E=8B>3GGE<04?B?7>F=?AJ79?3=5CBBB@;89;0F<)DC=FB?D.7A68BBE<=G2341>:AH<3C<?7=B<BD27?36@BB</>GE?HAD;1<<5E>:5A@7D<5=7/9@A>A@DI?@=5GLAB<=C7I=;1;=?G>77@:>58B:>?<F84<>AKA=B?G@BD@>F5;EI?5EH8;6D6?:@E>BBC<(E>J7BN?1<.G>8B>@FD;2=D<<>F8=A9?AB@@<9I79:;@<D6/=?B:3>?E?=3G;@E8C=65?8A=C6AD<A=<A?<9C6DD>>?=8K@@>@A?2?AF;C?DA?C?F3>8B.67?B8EF@:@>B9C??<CE9?5B+;A=?GI8=9;>?@@CIB>@7C?D>CO>@;C9=@BADECF7C>=5@>2A:@E:<<;B??@5C;>J7CG7<2;A=@??:=9:@;69:=G?F2G6@EF@E=7A7??@M<79I>=?77A>:9<E>7@&CI'<;G4DEFJ;<9;>8=G892K8+?=8@37;I<:>A>8;GD;>5@?B==?9@:C>A8CI2?;AC?@F4JB5@;A:7:?B?J87A>>;8<,61?=<;G@@&:F:FC:=<=<N-?G5?;3HJ0B26@EFCB<;6EC;C@B@@>>E::2=GCA;E7=54B;9:??A96H29?=?4?FHD798+5FLIG<9A3>A>F=<?G?;>;FAFB;:=;@1C<::BB9;C?-E:*B3?=AAED::2>MCC=4=56B5ADC?@<<@B9E2FN=I0C83HGB;2F?<H?H4G>E@EB?DCE6<<H#@C>BCBC>EIA??9?:;?6ES5B=A>/?:50EH=;D=6@>G.<?+FO51?=:??A>DC<5BC<9:J8<=>AB?:D=ME:A>A;3FBF;>/HA/BBF>5DJC>>7CDCADM7CE-=G?<>C;?K=/G:<=D@C8>AEBAA2=6F?D;F=8A?7H8F6;C?J?:AE3-?H2C<I-H;<7E;E6F5J;@B:B.97KD?C9EB6=7F@EF<:31A>F@D8=;CKAE9398IFA67D>9-1<=B<5EO7C<<4B:AIFEPA9H:?5CIBBGBD?7*;K3BDCF0@CBD2CGHI;;?E?8A>??;?C@>=AC=@G%@8GDF>@B@?3=H:DA=E@ACG7?<@>D7D>;BB=CACC<;DEF=3;8A;GHC=E4@:H5D;<@@C@>=A;CG=D58M>D?CG5CB?G>A:6<@5><:IFCBLC?2FC<@@;/,B7C@>C@=79<D@ADD87B:<96HEJE@EAC?9F<A:<F>?A;<<4MK<82CD@BDF?3<453E2=?@:039?84E3AEB<BC:87;<8.@G?JE?@8=3:1D6B@C6:;;=:<F<::E2:B>@F51&EJ8E>2:>:6=>IN@;@:<?H<;:=IE8D669B@7=FEB6G<??9<F*0FC><1:@?@:B>D75A7@DI4>?FD?@A=8DDBE;E<E<8<<;)85G2>CD=BBBC?<EJ=C<8:<>A+F79=7<>9HAL3<689B05?B:>9<;6GCG6<@?<@6@E8;>@<?44*>6?C.27?9K>CA57C5<:C:@5:5=FNBDHB9HE.1C;A?;+:@DC>AD;JE=G:3@7F9<><0@:9;FG70;AE8B5?CGE<D7B6K>7A3C@3GFBBA>;>?<B3A7=A@A@9A7H3;E>9AC><NC<?GAE4D?;@>AFB@5::?D@CC?7/A;L1G:FEC>0:E=CC:@<0B<@0>0G7C@8@::B?;F5I?@GI@F:@HBBCB@C4F;BH?D??9E=<@@BC;C8?A==A;B>K@C>?AEI@<?:@<@=<DDI4;C6D7<BE<=?CEF+F;D:=A22@>A?8BD>>A3?4DCI:/:/C2:@F<@B8B;":>B;:9@EH1HG:@:@;?:;GGD5F=<:;3H8:DD6;;E:FFD:D@7;@>?CDEE=H?H0==E=C<E@C=:@:??B?9??H<JG?866AG6;???@FC>7=CDFC@=@>>F>@I:D:E,GCG>6@AE?;9I@JIB;1BGB-@=<I.F<<>?;;D<?@7GDF6BI@18C9<>ADGBB2DI:@71@:>9/DH0;;?:G?6:<6FB:G)733>C38;DFB/5E<3A,FA:I69I>:FDA78=A75367?:8:EI>/EE1B=C>(J57GD:056:?HD?=.=6=$;@GF;G;CC?9DC<7=DB4CD?B:A@E?8@=F?BGH=9<<@HB1A<C5>;92;AB<L74/I5<A@2>39,'?9F,II9B33E<J>L?G63,<DH<9A938B8A>C,89<>;ECB<6,;=>2==A@.?6;58;4M>8>CD=D=8>65::E>393@IIHEGA:/9>@2DDCC>D>;80=2AB=B?;FA<@<5ABF?>7<BC=FA=>@FC;;??C7B=6AB>BB?;@<FECBCGJC=@AN7:H5??@@AAA:=F5*=>9=1B1>7B-/9EIEI;?<<9>E??;<7A8=B7AC9:;CFM>5E9EBBCBA=@C>A<7D9DHH9:A?3CG@>??J9L:F=;:F@CCHIC?KG7G-@7O=D??=?AF8?9;(HC:@AE;?GD/<71@I6A:D7CBGH4CGGBJ=?;@<>ELD6B@2:>>EF;A;<BC-C6FICF5F66F=A@C<@@A?3B?=J8>AQ=A+<BBF6@I8?#9/4CAAE=B<A5FFH83HC>7;6DBDC>3CJK>7F:D=<<6:/2E6=DACD?E5:=@CG>2@?798)>77FG?8G7:C@<:FI0BI>3?CA78AA4;>@B73:BL1IIC8OG@<MBBB9<@G-;E@I4AI::<51<@<>?D<F@5<C@B:7E>EB@9;DDG:;@38CB67>?4B7:>:ED817B=CBCA)B?>=;=AED7EB4:@1;4H>94>5CLHG>BF@<@:8-<07B?5?D;;<??@D8A3<9?;?G:A.2C@5???;><CBB5A?:AA=C=GA7A5::;ACA?<?EEA9D3BGB9BCA?-FI>A?EB<1F0KG5?GC8??@J<83:-?=AEA;FBC?47<F4=CK*B=I.CFG@;A<<?F@7@29A+>>E8:I@5>?7@GGI<4.@??:B>8::2><?2A>;A*BBA<>5>>ECB>2:;/E<=:6GEE>7:@I:5AG8<96;C5<?G?;A:9?@<G@FF:B=8BIF8CCDE>595J:H6A9@DF+=JC#CD:?E;2D56<B<BDAJ;=C?@JA:9B?<=D2=<2;G9318D?EA?<>@=F7G7>8E9>>1>F>7'I3EC8;:@>;;<<.C?<:?A3I@+=I(?8<7KI7?158=7I:8AAD.G::@=3:@C@=@@B@2?=@>=HD=GGGD6CI@I@A>@3I@>;8F:>?;99@5>@;E8C@D?@<F=I>ACBCBFAD?E;==9;E;7E;B@?;C3;CCCD/<CF@>JB<CF<.HM6;B83B@@>@8C@:FF:<;;B9.;8==B;CAA=EE=/BF@C>A7C:GI5D:@=?47;B:0>;H:(2DED6??<;7:05IEE<=G?;>?65A.79::A>;;96F79K;F>E;HDA;65DA=4C5C6BJE691F8<6G;E?=BLA@;:67C>@7ADD8D>@=:C??;>H>9I=A@AK>7D;D@4GDA?E;I731>=;H(88MD=HE>2E6CC:.6<<:H: @<>8::G@85?DEEG<;D@=AA6CJIB;4?>?4GA@7>=>C<B;=H8=?EA5?<;C?6D;@@?8D<7:F73<;?>7270.7==DCK502A;GBBD?C4?@>.D9>>E;HB5G:@3A>>6=29/7?3;AM7=K;2D;89CEA=5>C@@<<8<IBA@9D10E(H6C,6E;>:>HID>56<FI0F-;G;B<<>M/DD@4D2CD9/;@@8H?EB>2<AGD=?9>>=J93@6E;=C<;E?5C@9<9G6:B@AKI<JHAA@3B=<97?;==?7B@?>B586<B=?78G;JBCG4F=D<H=<=8>FG8>29?C7<HAC5E>2B@>7HEDCD;>AA8HC>FF9DA=8?C2FCIDIL@<BA@DDC9>EHDAD>9FDEDD>E=ACBE<BF=CB?C@I=>C97DG8DBA@I>:BFBG>E>?5ADA9A78@B?GB:<BI>A=?:@:<FC9>2B@<EC>C8F<5LBG97F:CN;EAFDCKD<A>M8C?98C?@HCEA63A;<FB<:IC9?<>=1;F553J@A?8EA9C@;?1EEMA;EC;F=>:KA4I<2<?HI6?7D;.CGEB3:*DGL<?H7FD><B5>=C?52EHF;D=686A??B6BG44DGJD.K;GFE=H;AH@;A3BA=@AA>AD88?6B=C8=E@ADB>C@KI9F1D3;C87EAC?A@E6?QCAOA<D5C>5>:==B?7GA=A56D@I9F?DEB=GJA4CD@A?<AF;IH06D>C/AK8BA1BE;@2C9BHC<>BC=B1?9FA;8H?<@9:C?75S=?=:=?9>;:C:;FA1:@<F=;?=?=.<9<@>DJ8.L379=ECF9A@CA?C=<>82H7A>A?FD@:=<M=A:F;>C4FB@?C;)3@@@*7A@>BL5?9@HCFI<DNCA:D;C:AD::>C?DCK>DAF<M>?@96<<C<D<:??A5DC3=>C2&E8<C=0H@=AH?J@D:A=<5>>9H0J61?CA>8G<IF<<D?BK=AF:5E>>B=?<=CGC;:AF@@<CGIGIEEN8BAFA2:2/?N@B>KCEGG<37?AQBJ<G;>C8@H>K@?>BDG;A4><F=F6.7K@HA1:;C?8:D<?B>@<+@>A8@IE<:H>7AGA@D;A9D?8?@@IB=6@A?@=94<G@AAA@AB:@>;/4B.@FFM@.>2G7A;?CD80?H6I:?<9AA:?;7AG@;BF2:A@9E:8>=@E5@@D?=?1<C;:9:<JFD89;8B;EA1F>K?:A;DD9?AC?;F?9>GHFA>F8EHAE><E@@;;L@D;?;G/<5GH;:N9>H?L04E=<4@=:@;D;@?==BB=@I7EB<>@BGB-BI92@BK=C33EB:DIA;A:EDD>9A=GBGK98BCI9F;C7D<C=B>:;9=BA=><AL;B?15CG:56F99E9EA9G@9AE69>EGDG<;?<F?A:DCIJ9F6:DI5?8>:==9BE@>@?B88?=<9@>H@C=>B?<L9D01A4@>6>BG>AG=;9?=C2F?H52CCA?D//:17A)<4=?:?=J=,/I?I<B99BB;C16BB;FC@7D=3>B?<?7LFB?=D??869<EF2FK?EDCJ<7@9>=N7>19BG>C,>?9:97:AIE2>K8ID=>FAHC=E@DGJ;A=4B;=:GA:G2BI?G>=E?;B:L><=6NC<54><FAF;1F%8?<6?4G83A7<94<8B<>:B==::F:>1A=D>1?L2A?6B;AB8?:AE/8>@=8;4B8A<25B9=:GCB<?>;5BF89<B@2-13<@>CFMB1>A;6E?F;?@96A4D/H<3;>=@C;4G>G;>>36;F;DAB>135@B@@,.C5?G@A?2:8C>?:D;K=3DB98:B?@BAFB<<DB3>9DG=:?5J7B>L@?G+41498GF>>3?<CA>6<D4:DB60@7;I?@1??73/:>9AC<DF:9?<34F?B@8F:DDB>GHAGFEH@@DE2F3;H57<BFFH=<><AAEBCED=L@DF8=CADC?=?>K@H==FF<8H=?A>DHG;?K@DAFEG7CD@<?:7AEGAMJ@A>7*8DK:@8C7CG5E9DB:9BB1@-<H:ABD@?K*@D@F:HD>=9G@DL4A=3<@;F>E6;ADNBHF7<8<>CE??<E@BBI6?>6>=F?7EC@B<?IID>69@=F8AA?5=9+=1C7@MIEG5AB9?C0AGAA::>;?LJFK;HBE?FE:A(@HD0AAED:??>@?C=4D5F9D28SH<CBAC>5@4F;>:J??B;;A+7A>5:<:;D@7@7?@B=B>C@:<B39A5;;.=C5<238?BDKM7B1=?>;D<<6<0E>=HAHDDACC=11D<3=A@?;B?=9?6@:9@>G28B57>8BA?F?FF;5FEA<BH:=AA@BK,F>7?9;F6;?9E8@@;DAEE;CK?><<G>D:57DB5B@>@?9EB8FH>=:D5=;:BCBAB;;18CF;6:A5=>B4=>@@@@:@AMMLFHCQ=6GCE3C@9;H-;EEH<4=8@H<7:?C<H:;==8E0)?8A69G=>PB56:DHB(:>A<CE;2.;CB<E;EE7=DFFHCE:B<HJKGAI6>9E46AF;<8;B=>F69GN2B;MA>B:;71@DA?AA9>7@@D'@5G>;A1LDC?B;C2==@@B@AAC@:08E;E@<FE@A=0=C><>:59BG53<@E9=<<:<949@:4;7C?@8?>66AC9D8:;G9<(GB@7H@9D4?FG>AAE;<?=E?BJK0>:?8>@?;F@H?>=E@=A8D48:DEDE;7:>62EC==<?HE@430BDG:8CG<=5*A=D9D<IC2A>CDAJBE6@F6;B9>C3:8ID?=76FG<92IA1DFD-=6E9?EJ<D@83<D=5C@HIIFDGBEF<8AGD?L/4>@<FE6H@<BB=B9=B>94>?;>9HB@=<ED>4=>;EOB>@J>GCA;?=ACA;C?7=><=>93>@7??>17BC97?A;@GA<=A@<9BLG@;=>BFAHGECA?EC>@>G>3BA,B>7DIGD@B;<<:34D8@C>=@?;;7;:@H=@HAE9JBA<C:6@;F<6I>AHEF;F>69,BE7?<A=CGE:;9C;6B/1?;?5;F<B@:A;,:G9?D:B>JK:C;<2;?:@<*8B?CA5@@@>9DI>8O7BFE<@9?4<EB=;D@;C3F8=D?<>F>@D8F<:CFC@8AFEBA::=>-AE;><:C@@J;,D<D?=<A65;D@AG>F9;<CD4BA@N:8@A@BBF?:48=D<?>>9BF>DHEH6B67E?2:EE89=7?9DHAG;G7<67FB4C>=87;9<-5?A>@B+1D.?A9<<EF8<=QA=6?==J>;9F55EG8B<=GBD;>1BD6/>H>=:H:B>5?<B@=<>6CK?H8@=A?4B<D@3@:GE6?AC<=>IA&C8G9BBAF6B4AHJ=D=9B=94C0?1@CE:>>C8?<5KB?I:B;@0@>=:<5;<8>986CBCD8GD=B/C>>C;=FJ@4G*;H4E46<CHBF8<BF@:;39E5I;3AA0D:@HK>5=G=;FHE>?@=B=?B9F8:-?/=<885B79=92C?>?=<?ICGD;ENF=J@;?HC7?3@=>777EHG;@?@BIDF8AF7AF>;H:ACEF7%8;A3AAD?FAAG=6?<H?B08DAFA7F?B3B?;?@<G?5@8I?FDF?:<5B=H;7AA9>HEB9EEA8<=>;DGEA9H;KEH=E=ICDFB?D/@DEAA?H@9AB=;B?AB5IMB8@=789DFF:H@KI>0BD9I9E::=FIA0AAB>??>A>?6<<CCHN?5J=BB>H<JAJG>C>=FEFB?AELK0HAE7<>=BC9LDA7<;AC91@>I9C<2?AD3DAKCF=2DC:;A>;1@CIB:9:>C@::A7K&D@4D6G>H1AAF@MJD1?=:9C?JK@9<=C>C:7;?2AE6DG<?HEHD:9-D?@7F<F0@>:;G*G1@I:C<=L>EFMEHAHA<<7?FEM-<C>??CE8@<@DEBD8A>0CJ@;FACBB@CE@G:?D<:4K?B@@38>>;B;HCCA>79C>9DA8E2ALD?LFG;85R6=<FA>CA>>CCA<EF>:936IGAD?5=G=<CABC=0LC=A?:<>DCD?<>G5;J9B@;>4?FE84?1.:989?AE=<?D407<B>M70DHPB4<-B=9-F?I15>GF9EG7I@GI97@=@6>7>A,;=A;D9C86@D;4E3>H6?DC/:<+>J>GE:?J<2>D@ACF@CA@@(@?MBH?F;D8C;=>B>9<>*92-FA37GADAECI2CFB@E9=?=K>:FB;FA=19=GF>:<=J=;D966J>7C:BFGHK?@D96LBD>GFFDH:@<HI86C3G=3D9-@=A9CA3O=:A:5I9I:F=IDIAD?9C<3G659C3E:?=E496CA8;A?BA+>=A=CC7>D76?>?73CE85@E=E4@=?12=1K=<GDD?CD?ACNA<??AD:2@9@4>;=)FHE=BH4:F9>@9@6>9C=709?46E?E7=D>1<=99=14@?ABCC8@H6>BAA3J7)=HB2@D0I4A:E=E3CB@A=B@EBFEE@D<<J@<E4A@C:>4;?7:?::BDO==;AF?6>C5H=2=H9<9LC-?9A>5;E:1BDF=D:>:<-609@<;?<=:=?1=<IKC<;FB>6<?AAD?<9>>F>:@;>GD;;BC@<<A8GCG<58?K7=:?4:<9H5BCDHA>BEKE<;7>6G<IC?E95C<F@;GD76@BG@8@3B;A?>799B?B?9B@@GDGIF<:69=9@CB=6=;7=C><9=B9?<@,A=;<GAI;<7E<C;0@BC@:A;;7;:A=D/>>=?><2JA76?:;AA=9AC9C?C@=:A9.?G?9HI8:BJ*@1A58F;@@7E@JFD=>:FDB@=DK'?7F:DF@KE>F=>=A@D?>:@>C)C?;C5C@48@+4B.<DG=@?8?6C;68<ABC=::C6>?6@FA0C5;D89.8?::0C?DA<3CDEKA>D2?EE2I?;2B4?@?C;E96(E@DA9F;;G>7?AH91B6>B>A8FB4=C9@@CD;@@:4IA8:H;6B9=@>C<=<<L;>9E@9>@AH?>>BBE9:D5AE6?D19D<>A=<>CC????3?F>7?<9B>;?A<<463OJBF?DC@>?F@@>7C51?33A>;991?<3DB:EC:69B8;D@G=96@;FACC=BQC?B@O?=JAAJF@=@=FH>B@;88A=FIF@AMF9EA=99@FD=:?C8778AAC<A=DK?&4>B5DI:<9E<?E+@DE5@3@>@DBHA=F@=;?C7G?>=<@<P=>>63=9:4@ABAA9CJ=EIA@8CB9BA>HBD6E>BF?BG5:>9HDK7F<>:JF:CDDK:E??AAC@>?N=CD@?JCF:89HEE?DM7>?8LI8FCBF5D=ABCJEP9BHGED<=.>@>FC@@@GHE>C87?<2B=C>DA8@<889K?::?B>6GA>D?0:FIA@G?<A@;?A=B@970IG8F73C3;;?>@@J7?BEE><;GB3@C5:HJICC?CBBF@I;D?3>EAB89>:9=>IB;EBA5IBCH;;GJ<EGG7<@I4B??HB;AHA<>4F<C;>7GJ?4:C9DH<N6D>GAIC?1CRC;1?4>6?CAE?EAEDJ@CJ@=B<<;MD=JC;<K@>D><D.F5OF<7:AA7?=F@;J<7KA9=L@777>CBK/6JBHA<E?7;MB@3NEABGDAK3CAG@BD>?6BN=B66>4@E54CJE@.?:8?@LDC@E7@;:>@B9?=E7=8>9J@>6:A/>B;DH=>6=A<B?E<C@<A69><C(D@9BHAB0C/3IE?D;B=)GH77<@G9C?EG:@@KCC?IC1;/94>=>AA:F8FFA:6AF17AK1A==K=AA/?D>;H?:E;:DI:=LE8A4GHB>L<?B9?CED?3BHA>E3;5'AFB>?7>D;>>;DDC1<A7DGG+><D7C*J6=>?D3>@;0@B7@>AG7<J;9@;5HF4D>2:@=?38<?A68HEDDED3@E,9A1<>HLFG@48?I;B4??<7:H?<B4G6;?=/86C8H5?==B;AD:@BD6D-A8C?A13C5ED?JB-?AA69Q8BKEA=<DDA8E?>AH>?2:=.?HIEC7H8<BD07<CGEC>>A2@FD>B@CA=?-D>>7@DFD54<:8==:HE;83<.AE@=77<>FD;H<J=B7@F4F<,@:?:<7=77GB<ELDAE1@K=5;8BCFA:<;@=A>89D=?3;HP:;E/9@<FJ2E>;?<;><>E=;@?B@B=1;=0@>C/C;<2G<#3>D;;AA69:6IE8:H>J-8?<>9=B>G<5FF<F4=CED5=@=5047FB4B@75MG8AA74FM<74M9>7J2F9=>4B0=>A9B;6>B:C@;7>@?6=8DD=4E5;9C?FA9A::BFCD9=D59BEC?7FEE<@FDBBKJ7E7;B09D=<K<=>84CGEF@5-;B?B9C>;:<2B<E512FA:BC46:=>C?A9JC@<@8;EDAA983F<4?@A8B>;:DIBD5G76<@761D68/<BD?3E+80@G<A@D->9DC79D:@07B>7;@:;@:8C>6K4EB9/>;@:A<B8;C:=8A<=9A8BC:8=9-<@D@C>@;82EE;D76789??6><B2C>AB3@FE8;@=57CC3:?9><8=5C=G@>=0763A?<<5F;>F@C27D1B;8?9>IB>A>8B@KG2B6CHKE4>DE>I68B@AMEEB;79@B/F@:BIFB>=C9<<;?CF>C@DMG/D;7??A:<<H4>@=C6E7;B4C@DD;>?<=4B;8<J3C>K4>30I>E<@AMD;E7D8GDJ><=A8E7CCE:H<9D<F>:9FC@<;=CB.<=I>?;B:<>>=CBEB>AJF@;K76IIAC=5E4<PHF:?B9IGCG:5:7@<DC?<@GK??A5=BK-BGCA@@HBFEE>B58F-8I0EC=BA896<C>IC?@C6;??:8G@<EGF6F=D=<<15@AC>@B?6@B9AEB8=<IBDC>@I:<EFA9<>IC/;28@BC9B6>7>;F:CGDF>@=GB6;@>G49@@A@B3?FD:G?=7;3??)<AB>G9H;BDD3:<7;F<4??9@>;ACEGE2ID:;CAB:>@D<@A4B5=@CFBD;:D<=;6J9>B787C>>65@6B4@FI7B;CB28?@>IF;BJ;>?E>H<9D?=8BCC=B=?BD>?;FCAC--,7B;/7A2H9?;>CK8:2A@:39B;@G4ABC57=8BFHCG:;5GF:=?E@>9<J9>G:5<G>@595?4=/;;6-DEAGD?E9D8>84DEB:63ND7>LAN65=B78@@7=BCBIFIFLA?3<A7;C?;=B4K>@<;@?=AED>CK69;4>B4=>7C9E4<=J;9?68D;5<@?B@>DB@=@IAL=A;BHB=<HHC@A53E=@<D=>:@A;A;A3FCJ;HEGI4A0C>;G*;>BJ:A@B2AADC8>>D-AF:I8?DC?=A9>IAHBCDB??5>G;:GEF5>@E>:95;:.F4B@5;=D7D;33;9D8IF=AG4C2DG?:E@A9B?9A3E>FBCC,9:?<@@HD7L=J983>CBE=/%?9?7H87/F63==0BK>G?EMKFN<08=@AMHEDD77?A:?BB(5?FG:E@DC;<ECA:;@=3FD;=89?>;/>?B6>GA8A=?<<C>E96E8@B4:=FLLAECF6?*:9A6>:;=LB-AI?FLD3F?G?<B3A@<EK;8D7;8LECFAHC9EI>>BA@,A28?=;5/7?A:7A6BBEBC<GA9;;GE>@?;?>B9<H<F?8>;G<C2F/DBB=A=F?@H?D?;>?@=B:8=@=:D<CE@7@GEBG:JG<IB@I@30>?B7C<G?<DA;?@:H6;;,IGGFE<D?34B>E::;:IEA;AA@?4D>K?3:<%0@?H/I;GDFBJ7BDFB3D>>;G=B?A<:469:@27@8<6D9=I3E?>@08B>E76C==5@=I;A?F@3>@7:8<=K;KAF89F9B0,A;8>;C@0;<6C??8:F;:;BL?>E>949FB9@C6:>;898A@E:@DA=5A8E/<8IEC>8C8A@64<F<7B0>HC;?G<@B79CDE9,CA@BC;B;@>0C>2DE8<BF?9>D5A?9=F(8*@55E68"9>*@D/@'EG7-F=0J==D8:85B===E3?516::><@=?A65@9B8?5D9<=9AC887/19<4G=EF@=6@:;I=9<0<E=>@F8F;:AD;<>A?6D@+?5?B==<C=5=0D60E:4>@:A@31?B9@9K>C8C=?55>B1?<E=?8;>DJG=C2AB9:1FBI?;@5=F4?AK==>:8:I?598>;>9+<:B?>BEAA7EG:?<97F525DIBCKD2@?@B:26:G<D3;A>BH<A@D69F@<B6<@@DHED@?8A;D<F?C+3?9:CBC4G25F<9GC=5CJ@><@CF>IA5GG7>;A7=?H8H>A7D<@?C>1=:I=@B;6CGCB>AB:>G=C0>>;C;BHHA?@C@?J?@:CC58=D?B=KB1::ACAEDAI<=>@<B*:?==EE>DAC?AGC5,>9676@DA:ECD>EEC=C>D9G<<FEDJDFG=@F;:A@/=G=:=;@>:?;@DFB;J<@6:B@E?H79CEE@H6:AE1:=(M=@0E>:9B?:AF:<<C4ID2B@:B@<?H>>B>><?J5J@>C;A;C;?2H<<HF:77GE9M8E:?ABLD=@=E>C@A4:<A@>DC>DFHC8@@=E<DM*:@26;GKD<;3;9B8CDFJDCAB=?@A?P+?=@?HC@9FC@F5B9;9=A7B=><<E@J=DI?F:?15BA<>:E@E?7>B:=:84PEF.9I;CD9E-8B@F?AA6=3>CF754;FA<?4<F=<?=D:D/;48,6;<>:<E-+?3?9F<?GH1:4E->;A<5BCH2CG0?<1<D?@C:=J.D5C5+C.649?<18CGJBKJ>A>IND?BB=<>>AF5FD2=EH>B;@6A20DG>/EE;=>5G:8=C;I<L=?BA:I>.=F;EG9:J;EJDAA@=;?C;F@BJ9F:=D;=>BF;II;DDJF=BD5E>B@>5<25CA?3A=<ELE/2>C88DGF6A<46E4=>E7;9AK77CF=C@D>G@@B??;B<C>2D%1<L94JE><7C:>F<?836E>@/H>B39E;F@HMFD?>>>)<C>2GC@F6C146=DB>@=G(BA>EBG<=6FF<5:;F9>C<>=CBH10<J?A3AB:95=AH?59:39<C6E9KE>62A=?6I;I98>>D>6F.CC@>B=C9A>=B@)?HD6C:D9?K<>?AHK=FH?>8<57B9=JD<;@FH<C@2:FB?;@H>GADJDFC>@AEB+GEBPCC@C=ABHEC:?@2@9D@EC<<=ABCDCA/7F@/<@A?E8C?:C:H>>JA@A;FA842@CD9D6HOCHG5=@;:5?AF60CD@8=?9??E>7=:?;?DIB1@@B?BA2@8HGOB<D9966C7I8@<>-A=;@AA8E26383;@D@GGC:CA=C8EC:7=BD84E>>7<C>86D>>A8>?<A;DC>8=8@3H(=C?BC>>@D<G3:5<C?CB;7A:>4EA:49E?C7@C=F?6AA97177;@=D=AGBK:>:?:AA;@AE;GC8E>6G2>>:HIDC?>4C>=6J@=@??7<C94A;?B@@A?B37A<IC>;;F71?HAE9=?C@6@G6:85?HG6?>:;6E<=?5D8-@35<2>CCB@:G6>;>;6@ID2;;>DIBI=?=4=G95F5790AI0/?FB59D=1:H6D6B?@42C6;58<B93A7C6<A=AB6GB38<@;:@@B3>5BE8I6G;=?*3=HE3>>1->3?A=D2C9D5@C0BA<G=?C=86BD@7@?G8A<@?CC,E*?G>A6E9;B:0GBBD;6<>7?83;E,34?/;;2=F<DD?LE:($=<<7E1@4??52G<;>@0B9@@B;4@9:40;>=@D7E8H3E<4@77817,E=;@>9@9:G=9877;32;03/+89<=?85=E><<>@9A?6@@2;<DD3BI8>>6C@=0?B<<A56LF3=?=AA?F4BB=9>9AAC1<>=D;9F:@?BIIB@L7LB4KEF@>JIK<;B=@@:;<E>B>@GACEAA=E<F<F60@PB@9B98BBC@@4D;.=<@78?D86??FS:1=h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rf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zq[[g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vnyžgrn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|Š�…xn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uc–�¡‘�y|`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xŠ£´¼�¤g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q}„˜À˹y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—² ž¬¸�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`„ƃ¦Œib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|„{¦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r}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cba@_I1F/F5;94A@J?<C2;I8C:F@9@=1=>8@G>CH42:BHB-P@8K=6=;G:B@A;B>>D@C@FJC@@<E?@K7=;>8D>@:D5=5A&<@A<=99=??;6,C6@94DEG=G?@;ABE>6A796@.,@/4I;3FE::D<;<6D2<=@?;A74B.68?A<GA@5KIBA4<?C:69D8862:3F:@?<AA?@A6?D>:2C=AA;@:6.<:<;D9.A?9:=D;FICE9:C7;6>E>4<=?7/2D14B@@>6=>?D<?A<9==3E>>?0=;>>@A1@5J<8CE:3@D8A<<>C?4AA=5@>C1F<CG/<B2IIJRDZG9AD@<=:7>27AB:ABB1=>AD;6@.EBBB<CF@17@B:D7>C@E<>421?C3DD5>4?>=FEB7AF@<D3@A@A7?<=<LC@5EE=:9A@6C1J7:AI<82?5>C;C4E2A9F<A=I?3@3A@6EG;7ID4<64C5A98@:=;BA.B9E5BGJ,???08A?>F4CE>8?@<?G@D@#95@>4H=D6:C?@@:ABB<@@@:>B6=D=8?=GG>=ABF15H:923?A8@E8=<6+G?:57:@<;D9>5=:9II21>B>F<D46KB=B;AI7:7D?LDA2G2RA+MB@8F:9?>D9?C;@@9?;@=K+A14><>GE:78<;<@C6?A@9:?LI:-@=5C7=>E?F::92>AC:=F:C9F>C4;:A@6=<@4@9=B>:8D@<;GD9.DI86</D:DF7>G2H<@7:>I?4@<:::7<BE>,29$:=;<8?;6B;:;;;5?F==D>?0;@8B?F3H=<@@E7:1=?<E/=IA=?F6@67?4DCI9A6DF?A7C8:EC@;FD?::8>D2<>F@G>6-8?:@;@C;A@2BE?=B;=-D=5/:8?/<:@BM<4>A6F77<*E6>C<75;=;?@A=2>=E<EB9;GB:B@H;:8DB8>;7C@=E?>.<G<88:K,3GF:<K>1:@E2+.4;77:<;H7AE-H.BI<=EE=2@>4<P;;4C><;;C>57;464E>?@==A?5-?39D?8E=@>CE<47E44BBB<ED4C?599<A?DG@/A5B5<@>;GA@D77B@@B2C977;>CGC:>@D9;6AB9;>;:E:DD@B:8A1KH5<89<<A;K=J>@BBGA7A97BHF;@@<?;B>@9<5BC4D8ACFG=I=3><7FB92GDBB<3I?<@9DFD:A@CE==HJ8?CAE8AAB5E7?:==8B=<D79GBB;4K9D93;8@'<?D4A?:97HG<BF@A:9F15/89EI<>0?=EBEEFIB?CFBHBA><6)A@G<5/@F9C/:?==9B>54A;@25BF/<BFCH@D0B9=BG+)B2E;L8H64?/@:;;1?ABC5AFL>K<746<?>>CD?8AEH8=HBA9D:E:9HD@JE6BBA7GG6J@GD6AA0;?5;=JJ@=GCE;@59HB=E>A?F?@F?5AIC:I.L3'?4=F<3AIG>9A<6OEA?<A?<2BE>4A>0ECCI>B?HI?>=Q551;.?:36>H1GD6C)6G6ADE:?@H>96>;?*;9GF;?=A863;8)C>;150>4>4:>@-BE;<A=*?7A@B83G=81I<C*HA>7>8QŒÁ‡u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fÞÿÿ�g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ƒÿÿÿÿ�a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ôÿÿÿÿÿ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ÿÿÿÿÿÿs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†ÿÿÿÿÿÿ‹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fÿÿÿÿÿÿt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ÿÿÿÿÿÔyO=DG:>ID@8;=@F=@F<0DD;B?>/=I6BE>9==@>DAC8??3F:@<52:?:I8DL?<?=BD?3B8E@>=B:;@.?BD>A8D?87D8J?:KAF=D?I5C>>=;<187;:H>ECE@:4<=B9C?;D7A(-:@C2:<C>>ACA985>E<:9FE8=@9F<=>6DG5@6?A@8=79F=@;E><?B9>BF=EJ:361I8B<>F@@3F>C?8<AF@>8AD>;<:A;8>9>:@?5<>@7<FAC3;9>>B?0B4==?@@=AF?>;;=<@87>CE?>A;@H>?@?HE=8@<=:??@D>;C7C8??2=>E:C;B?<>@DFNDG@B5.<A<F:=79:?CB<;6AG@7D=>1C=8@8A8?E:@7CD7=:@A5;<?2=BGA<D=F<8>5?D<G3>B;CB-3>3EL>=AC?B4EBF873:G=B8C5B98?887A>B;J?ED9AF90BB=BBBAD;@FAB58;A:>?9@D==>?:==:1<BE<KDB>?8@C<D=<FAHD>@I@H???B:ACEFC0EG@@E7DADD7A>F<>D7BD=>AH:A9;G0<E4:>?=:A<;1CE@>5?>>D/678@6HAC7':B+4<B<=53E5;=D@?88FFFC9D>2A?7=04D?8D,:88E<>5?06@BE?B::=C9C=9A@AAAE0.B;<,J<::<F919->::8@:C7D8?5CAGG>AII2:A<@A*1?F?F.H?CFK>4<8=8=;,;D:C1DCB8?8<FAA3=:?EAC8@254?@6F?@8E9@5/59>%20?D:>>2<;I,@><G5C5<5E;:6;=,:1JL4C88@8=:199?F8<<;KBEB,;E>>@;?D<4<81:7?:6G8F<;H>B6E===?C?:=<H@=DEG;D;>&<FEA95?93>C8:B<BG?<@A3;A@>I):C@;=9ACAE1G45/?6J=:=48CF<333CA;A:??A-?:C?3CBB;@F*GCE<6C=4=>9B@2?A7>D769?:<;6D>.@>3>>9=0>=@DC2*?;<32F5:J8=?3=41;AC>;><BE1ADD<7>5CE9A:H@:D;.>BA288<C>A8=>1FC1A7=<<:;=;?7=70*E?C<IAFB:>F?@A>=34<;E277;:<,>:9G==3G<B<M2?A?>:2C7EE1B>G(:A@E2C9CG@:<D3C1=B;?EB-A;<AA<K:@:?CFEC;>??::83>9CC2<<:<5>GE7=B5:@G7C5C?BD@9496;?:9:HAFGHEIA.FJJ1<?D536H@J:8=;<;.@A:H=67H?5AB6AEB;>A???G4KCDD<8GBC>;IA03435BDE;=<E=7A@C;:D@G?@H=@+F9>18@<1CB38/1>:0@<AB5JFHOAD6GA:B=?9;?M:G98=;?8;G9?;;:?=A=8A6O><AF/<C;8DE;4B4:=D;@89??5<>8<2A7,@-I?=?7<>?8P>+A=5ABF;==IC9C<;<<@9:='95B):>@2DCB,BDAD8<C6;:A><??=9<:<D=B=38;77BA8@AC@DBE;GG>@=C;K7=B5@:B;=:3?.F3/8@>;9A;MGMDHK;?1@@:@=08E<D9<I><N=EA>8E>:7;?6<>81>ABˆÿÿÿÿ÷“d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}èÿÿÿÅaTGB?2>2@>5?F:>6DH:;:@<C7>?DC8;BCA=946CEAAC;>7<<8A6?9@D<8@=?9BA<?@8B-ACFC<>;9E/E<A?G5=9+A<4:7A><>BD@?<G4:>@<E6BDD>B;CAB>C?B::2@C?:<6AH8@HE@EAA8<C=ABBA>=/:5BB?4A?>?BC:9B==A<?8F>6CFDB0CNH@?@+J?@A;A4?A:@D67@A;2=@@=C2>7>BA?;JC:?@=A.C=/>:B;BCB:?@@8;A.>>A?B7@;=J-C8?@C@<C:95@/@9E@FAFA,9B<:C?1>81899<=EB9:=0C8B577=9:A@D;,;DBIB41-A@=#=7BD:38A=>/A8-56;4=?G;?<;%=??D<BJ7B=;C837F?=?B?E9C2:<A92E66@1BE<>8C9=5=2;A5<4<-=7:=B*F<8F>@<;H/=?1):7CEACAE@8G:=<?=IKEEB;3C;E<G==AC7>D?D?<B:@?:<F?C8CA=GE?CDA9A7<9<=A8=2;CBC:F4?>;8;?DBC>4'F<:A;B27;A9=7<B@7C:@;'B<8?ECAD<CE8A@7J==?<<C??H>C0/;ADC618FBB?D;F2<B906<EAD8E7=:;,25:<;;?F6>C4@8GE@>;7B@A69951<@;>=0><B@8-@0D=44A2?53;50<<9,F7<;B;9/:>4?<<92F1>3.>B6@6FB59:9=G<?7?A>=5EE77K:5E@<CC<9?>>7>94)BE;?A9;EB=@DA:C>7A>@09II:C;=IB:C4?@CD?DB<;B4/9A:A:8?><B@775<48=D<=9G69AG88FC?@/?@@=4ED1E>-?=@?=BD697.>.9=>3?C8F?A1*>CCC9<5:=AE?=2?<AE?C6B:DGC6=7@>D9B57B4CB?CF:C8G)@0>46;8=6;>:6CE=9)F2>D>B:>F==?7;8E>=CCDAEH:A17C@?C>F?>IBF=<D<D3B==AC8ED6<8;?I6=>898>>E:8;=9;1=A;>:?=,6:B3<?;<;?540:4A>5==@(:HH9C5;<@@3=87?:>=H;F:B@A8>:7D2B>B5=<?A7>56F:>=FC5C<GB6?C<@@?;@B;>>AB6089A8875=42<409D<8?@J84<A9;AG?@D:67=;9G09=A@D8G<EAHOMM9>E>9A/LDB9>A1A>>;9E;:A63?ICG<H?BA>@B>1>FCE89>D<<D>E>CGA>?>@@><G?>C=.E=DA=><:63G:HFBA8?E<AH;5B;=;CD>G<?EEM?AB7A>GC<<I==C:<?=>?6?:;;8ECA=>;;B9A:@B<BD@=@>??*2DA>@93=@@:<5@;D@8E;AC>@@C=/AB<FBK=GCB<C?8;G==C7>6A9A@GG<@G4;:4>;5??5B>;AB3B@?H5;@<'6C<7;BG>=??6?=8:5CB><GB1E7=>B4C@2@-=B2:C;D8D?>639?5NF,ACA9AC/:G26B?>996<AE?D7=,:D=4H3FBE0<9I.<@FCC;5E@BA>B=8:ACD*<G??9A>BDE9=GL+79?3CE;=>GDI>/+H>AD9E99DAC=2:@IA:C83Qußÿ¡Ž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~mn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a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b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m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b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`s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m€d_o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bro~¡u}�ci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asz|͉�Ëws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``{�–ØÓ¤ˆx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f˜¿»¸®¯¼™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fw—°¹È¯Îĉwb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uŽ¤•¤¢¥§Ã¡p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“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dk€u–³¹Ü tj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`qzv•–ç¹�^c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t…¼œœŸ‘qpf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dhl‹…‰™›‹S`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—ÁŒ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tp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ke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aDIAA1C@RBF<?8CGN==B64?=@>AN?:=A:<BE59>>D><9?:4/:F:KE=6?7AIA;@BM@G:@=LD/ABB@>B:1C3@=28A<D7?9FD?=H=:6M@G?A=:>=BK6A7C=8D>EI9:8=6<>><BDOFH:ML=AB6ID/B1<<<9C<FH=A;B7@9?H>EEEDE;8@8?@>E?:3=J=A86HB?B.<CCGC3C>BA@J=4;<?C0>DB=JQL6G;9,E@D6JTXx‰Ž�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ƒ¸¯™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�hÆ¢J@B:2;CCA7=71/FEF@F=KC.<??A?DE4<B;KI@7@;=B;1*A7E:E;F87;G<?KG@3=?GA4>MA;/7@;>IA@0:=4;@9B8?<:;=+@6A@F</;C858.AGD6CHBBFECF6A4?J@AC8I@;4CDE@B@=BFBBB?BB>B:H<<@F?EEF:F8B@0E<@99@E86?4HI><A@<7>C==CN+=<=A;AEE><=CE6:@5H(?D<AGEL33>@E>A7;A*@JC1??<=683CB@<B;@DAB>E;JF4=K<AFBGAHBA:80<A0>BEDD=C@<@99*=7+K?I=C4DC@:;<EFE<=C?9=EG63B>6A;CE63:;CC==2B@9>;EB=CAJK<B>B8:AH-BEDD=F:G=>@ADE@=E6EA=;8B?A><;;C;9DE?%G?A:<=?>F?:B=D@?A=I9@DB<>4@8GE>;?>9B=>AA2AA>CA=:CH<BF.A8B>CA@;<FF4)D?91@C;?>8@HBD;CBAH;@<4B@C6BIJ?B7<=A@?2<E?FG@@8@/=D>A053>BHEC8<67=<F1;FDE0:8@A;G61;E9<:B@;&:84ECA<ICA9C?=E;2?8>DAE>=A89FDC6*2<A@:<E7/4+3;98D9B)>:>;5;@??:<C7B3>D:C?;4@:@40?4<6=3A?<@<I=?:B:8:C@GE;8>E=:E?7:F=E9;8@C7+A4?:9??B?887H=H)?>5A6E>?F;;E8=A96:E;995<+?6>B5E;<?A<7B603>66CEA===ECA4=A:=:8<<2-A7C66=%=?A?<F=??7C52>#5;;9@CC91-?BB8<A33>;:>A:?<:A85A?5E6:C>BDA4C;34;?7:,<6?K0@C=?:D9@A<F>A;A:C=AF9E;C=BAD6?6A?5F?2:?E5.C9=?;A?H;JD9A@1A5=<77DA9H@<7A5>@EA???<C9?D=?B8D(=A-:8H=/I0@E;?79=B6IF:/@>BA3BA=<=BB<E=>67;79A=B=@85>>-G77>=;99G55<<=K;@5B>=C/D>?>2G:CB:8E=>M<G<8?DBE:AC@9?H:<?DA8>;?1FLMC0I>>??G9DD<<?7@I><DAAG@B9<;9C<=4=B.@;BA?B@:<;@?60EB><A;;59AK475:74C:A>N?NJ;?9CB:<>?AAD98D9FG998C@5=2H3FK9>EB:MO=<?.DAG;D@(<+-5B78;F?I;FKH>FC;D7C6EIH@<>D:<HF=C;?:EC>A6>AA@B>E::BI8?E?;BBEI5CC;?<??B<FBLB;B@E8A6B.:<6;7@8B@CE@=HHCB8A24AAE*A@9>E'@C7HAGA+AH8D?:GAFAG84D<6>BIF@DC3?PBF4KC?<C:EG8D=G:=HIL@=@/E>;ID8=;:F5=F<8GGJ@@C>G;K9<@6D@QC9@;=@AEG@DA>3/3F@579IFE6B2><;:+66>C/DDG<;BBB?H>CGCNB:SDDDEJ45E>H?C<B@7F?GI=AHR8:?EG@B6>8?=8A:DC:CD*6>O;?B1C=BG=9B>A>@E3CCG>?C=D4?A2FE?@:E:?GD6A3E?B=@DODF1@8>6;5<;FHg’y�j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h\o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m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c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b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e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k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f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dCC4<AB954EDAH<FHB@ACII?=:AHI;@AACM>GFE>JEBO>@-BD86C=B@?CEK=?DK:CCGB=GG=?FMPK@CE>DFGJCFJCM9HDH8J>DIEKBB;H=CEDD=><>G.:<D.8I25<:<6/=;F9@AEC>?0FF=1EC=@77@@59;>:EA<9?@?:IPGE8IA?AA:7IE=KE6CB<<<<7D=H7@>395@:@<GCH?G<::G:.A:GU8E<K>F<a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b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h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v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u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g_k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uœyf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yÀy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•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f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`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a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a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d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x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eGGHGIB9?AB8B:N@:B?;JOGFBAAB?THCHADD@EB@3I=KC?DEI8CBA9LA?@DE@=MAGHLGKB?:F<G;@8ELJ=C:CRC?ECOA=>CK@MC:;I/LS@MLF8F;HGABAJN@CBRSFBD@16DNBFB4?DC-@;BGLAJI4=IN?EM=MHBEB>;CFOFD@2K=C@EBCFDGC@E;DB;<GE>KE=?=J:1A<G@ABK;A<H@GJ+:?F7@=ACK<:DC<C?>EF?CDI9<=C@?>A8ID993@D6@KGH>GI??>AGQ;DHA>RF64A?:SKC5E@>A*@?E;:5BF?;L=<5G=@*8=I?@>@=EB:4;@@C?C@B-=DE6>==<3F9E3AHFG>9?JEB5B3G?E=G;@?=79B<=GBE89@D6BHAD3ECGH=1FF4:?<;@<DA6<<A@;J6>D>@>8:<6@=D;?IA<==4?BN;76F796:BC<DDCA@A?E@?<?2?>A=?>GIB-6G@89=B4;@8D1AF8;=K@ACF;BI?8DDC;DA-?C+>;@B/7>A:;*=9G@.7=@G=B>4@<:E;GB=@H<DIA;,E<D=AH;GBBBK3H6CC;A;:?DC7@/?CFD*8)AA>CBA<<C5;7==BC</9B?17?<?H87>A%C<A;G(G3DCEGF'A?D6?F?E>2C,6DF<4>@=??3CCB>D>8B4:D;=G:??8><58>96:FG2<D:?<>68FI<>/<@:@:</78A<<??GCADB@<<=8@BA?CC>5-HD;F@>DE@2A>F==>A=@6FAB/BA?=A5EC;>>;CD9A<HCG1D>2@E0AA>6@>;5@HB?B2;LO?F9=B@43=A,?B;=KAABAPF@>>7:B?;489DABCID>@?FHA)8;<5>@@2?C@79G<<7C7B=C=9;F>:B==:2:7AF1E?8>+BB2@@A==8<><8:679=366/=?;8C?=:E?54?9B=:=?=D;;@:3DA9E?4D@ACA?G6BF8<5E:;B88==?32AGFDD4@<:=?D@CH/=AA?>5H6KBA?D9?@5E:<:13CB:C>8FC6;=9=N>@>9C=@G=-6?A;=;==G?:=0HDE@7D@FB<>89?CA5=.D<>8?=2@@@<>9;>G:;+=B;6<=>?;D,?A>:I=AH55B>9?:86;G=!5;@?6++<=98;;B1;9@7:5<I6;;>@=4DC1@<C;9?@@5@=8G684>84B78;26????>69>4104@;C><@2<<7*@658=.,=?<:;>65/>A4;DA=A@;8=6:F<?6?:@@;:79I6=?8A6B>@?=?@A=@B>;F;>2?8:>H;5=<=;95<H;AAAF@>A>;F9;>BAA8=9@80D?AD8@%?F?>D8>:5LH?CD@D=2=5;:DACBB4:C?4JW92?AD<;1JDD:?G=;BFBD88?8=8B?AF?C>>D@D<<FI=189?HH@<D4@A7ABB:G7HH5GCDD9FDD@C@EE=@;.9C>?EDD<@HE4D.9>B8>AD/>CEB@=K@G7<<AF??O;MEF5E?E=CFI@>>92?A:CB<K@@FJA7@<REJBA?IB?ICAB>EF?GKL=?GC:=B9DF@>GEGMPC>F@NKNLD=<N@H>D<BLN<O@M?;BD@@CA6:K@ADBBBAGKALDB@FH9RFKG<EIWG@CNFSKE?5@>WHL:?>IJLBA?LRA>?FI=<>8==<H=B@B0B@FWE9PBO>CE1?BGD9CYD:NACKCB>BF@<M=8BJ@A:MSKNFA5OD?;BJTOGB=CNWC;FICCLRMJ>RG?LAEPGQACKOEJ<JC1MFVSCDJ7C<CHAGDJH?HG==H:;65EA:DIM4FAO<FAZEB>JB;A9@7HOAF::>I8D>8<C?>B<J8EKQEBC>NBF@?@KD<DBGC<CF4@F==H14E7H@CGCB3KG8?FH=9@6BG;78=<AB6@68CFFB=F6:=K>(A@;ECB8CD=D>@I?D:=CTC9?F/BPJG4DB1>B7;;*6DF@@AFI:<7C?7H/DMD/?J=I>@9>5E>@GBD?PHI9C5<B;;>>6<@8.'G?EHI3HA6B3=FAG6<CB8<45G4D>9:3C;><>HHF/?JF@<=A=ABBJ?8L=GDB=8/72@G@61DAE9CKA2A+;JD:6:;=>5?CA;B/A<AA,@BB<*<ABDA76?2:3A??B79:00BI4GE:=F?A>:@9=8D?>>@9:<7;7?BA>D?DA@<::7@DJBD>1<8L;3;@C:D==@6>=A=?3AEC=?,CGAJ?2G;A8:@</>?;8>B<:?<>88:ABDCAE=A=?@./*@@0=EC@><:BG4A@O<B9D8>?>7?=:FGAC>>@:@B<=@EG>=I>@@B<C@B=E@<8;J6<9<GI6:KH3J<09AB578C;D=>>9@:;:A9G?EAAAEC3F;BNCDBB;BA8EB>GC?9>DI6@=9>4B@?98B;IDB=>96;6C=8C6FB.A=6;@62@DBJ>FFC@A@6@@7BBCE=??:GEB9:8B>9>C8978BA<H@G8B<B?F>E4:7@5B+86?@E;2DGB=>B9A898?:<-><>0H><?<6<>@?@E46*B9AE76=@;9A=9BB?3BH:>DB9BDD@E<8>@C?D;:EEA99908=@9?=D?A=9<C<?:8BCA4B=>B76?F;@57;E=A?/<D?98;;A,;E3>B>;HIH<<4AGB3D965>ECDA<9<83<>9<5AB>C?B<?0648BF-GD859=E?;KECCC'818DHBA,79<AC?1B=>F0;1?B>5;=59.>-,><4-C=>369@@:262>;E7>3I>@==54:+63@<F7==@?<=A===9?.;AB-@<>4;5805==:<::CHA;7C51G>/?5==;EDBH52?;A+0:I0;<<;9?6?9:=EA>8>E9>7E;GDG??HAFEDAAAAA89A=9?9B2:=C6BLA:BFH5F9<97C=.@68;DG=@AI<6@8AA52?=.9?9;C?BCE>:9CHF:5:@1?B=C=>E@@0E<0?@??6<:>AO<E?:<7J>BA89<<80<BE5<D>A?DC5K?:>1CGF8?=B@DCA>.??D?MCDD@7A=>CAHCCM<?C6<5AFJ-DCCAACD9GEF8@CD279::A<@=9DE:=EA:9<EDPDB<CC3>>=FEB??>E<JE<I@=I>D@F;79=>FL@D=H>CF<=A9ACL:@D>CCG@>?DB?PHJIFFAHKNMJD9JMAMLC:JAHGIB8CC<2@IAFCM?AIIADEABIEF<HABJAFE>HB=QIA:?GIRBF?=BDIA;?C@M@>XACDCAGICJI?D?8E?@F8I@D:JYENAG@AL<A=BHA@34NXJ>EIVFUU?DKC6CB6FK>E?@QB7EDXEEIHKHIBF?<AIB<BL<=KE@=<BKHDD@NCFCVHBCD>OK@B=@AAH;D@D:GKPD@FGFCDJFEDB>NA7:?FG@GKCC@H;H38JMB;:>@BE9-A>,D@=>P6A'>DC;A9FE8ICE=JC;KA(:;AFD22CGG?4>GC62=>5>7@F7B@?<<<D@D<AEI;<AG?F@9B?M<E?8@4</>E?F8$I=CEB0@<18/A8CJ?>5@DEA?9HB@F4C<G;EI9M=J?B/B?C>>;8=E<6DB@1LAA4?L56C?@EFEC36EEFBFECOD3?BH:E?8@=C<;:@BI=7CAA93B09<=@@<(8IHI<N8D=1BBB?:CC*D@G:I>EL@<DD@=F?<@H833A;@C@A??GL4CED;:>AAB?>=D>0=C==;8:CH>E:==?=<>6@<=;@<:<=:@11<DB=*C6BCDB?;:>=>F;?=9=:14+@@A7B47>;8?I59=<A7A?C=C;>C>;AA@@1=9OA445:A9@>CD><4AD<;=/ABB?:8CA@A=,9=A>8C<7/?FB;B>-691?O@9G<6D84=2:E@->;19<8PKC2D?9=>LJFB>@?D=JB;DC7@9;H<=DAB;AE5E8AA<A?EC=GFJ9=I9?=OFB9J8DD<99H=HB<6C";@=4BGE:CADFC9:9<ED>EGA>;B?>BB8?9?=LAG<A>;>>G=>C.5=@=-C;F<:?;62@5:E@<D?CABD:C1A&;9999<7??9=;=GB;<8=@7I<9B?BC?<196;E<KAB1>?C;A<3<?:@99B=6G:A@@>:<;7<:F=7@??@A?>B;C>?>F<<>=@G2F:D469:;6BFCK;8@>17G?B8CCCA1C@@C>EF:?8C5?;1=?B?DHB0;@I<CE?%I5B@D@46C<<7;?HC>DA><479=C@A288G=FBECA>:DD>BB>@:CF@B@D>FIEJ:9CA?=5EBCA>@E=8AEB>8;@AD46F<:>2<?8@DEC:<EA?>EI=E=F9<GCA?C-?93?::A2>;:D;B=,F=C5.@>D=C38IED8?:40E?@<H<5<?G>1F)A5>@8?@6EF>?GCD6<A36EAB:6<DA5;;>>AI?DH9?9D.;:=6ABA6>@8F95?H:/8;:BC3B7>=C>A:GCH@<B,EKE>G=9?DBGIGGB@6:5E::>>C@9<B;=@H?5AK;I;BC8AE;@0C<BDA<:9:>E<>I<FHE?9JEDKH>@6F<>GE@?8@=BA=9;CC>>HH<AB::8ECC;@I6B>AEBJ:DDFC@70:BB6?>>D2<VGC=A<7@4>@=G8>1D?5BG@@I@BOF?81?EF<=ABB5LN=>BC@KG':B>??71;5B@AJ>=A?:K?E5<@;AC@=BE<ABLBC86)>=6CFGJ=E4EJ1C<HJC>@A@8B94OB;A:9AJF?FAP;H8?H7CGAEA9<<DCD?JGDHH<HH:HGOSGC@MGG>NJ8KD<;CAEO@@BBFVNHCH>PFBBMAIAA@O>BSK3BHF<=HCK<;E?F4E:HIGHMHANCCCMAEIE=HEB:>BB1><@67?ABRAD99IF>GGBP;VDGENBHCBH3><R:_=?EMBHQO;8J>:@9=J=JB5A<IIKE<@PS@HFK<HR\RHIE99CAE<G>DTPGUCE:>MIKKLHEAINJGIE;X51DJE3L?;LKFFAKG;?K8CJ>NG:CEJ5,JI?JTDDC=W?:CDGH5ACDB?HCD;<C?>1@<5G-GDBC<?D9DE:D8IDB=NG5F9/@;D7>1A9M:6HDC>DD@5CB8J:DO:GAADE?=G2=:HDH@*/5@B@6==F:8?;=6(@<L;G4KJ=7DMBE@JD>KIE;A89D<M5D6?I?=6@A<=DFCHBB6:A:5@*JDA7<8DI?DA;CBBF3H0FC4CG>4@>DEA@;9A9<C@IE;>BCGG)HCGCB==?D.0?1<7AB>82>I18?76??@BDD77>>?AD<IG/A8?.A@?:>I;/@@9?:CDG;G<>D@9<@9BAGB;EF==8>FF57@@;@3=7<=?5=IFHC@8EF-B7B=@E9@28B?>5D?977F@@E=:=<FC=>CBB?=A:=36B:7B:B>A=A6AB;=K74@=?73@3A?=AGB5=A=:/::4=BB<D8@C<>?>A8;;?;:8EH?<BD8D;;,HC:49;?BE>=>DF0?IC@?<@A@J7'AB3>B7/699EC;BD:C=6C<A01::AG@FEL@E?H;@@H9C?@=;9*<6F>GAC0D;;G?>?4><D49927:CA:E<J7:.6FFIA@@=;)7,?B799F>>@C<EIB@4LJG8?;;6BF?;<2B=83:@'D9B<D?<MG>@A1C=L7B8E>@>?BA3>=<8;B@CB>D<;:79B8:@<C=>@:C;>9DE9898?1CB5A:;E94.?@:9<?DE:@E?DA5':<@A;A7BC>3>;G>;?B?=;@??24;=><4CA8=5;I79=;=4?<?=B<*BEC0:;??5A>?=>@?7:CBKC>?>0CB<M:=G<6AC8><?C4BAJC>0B8CA;>7>@FDK<?*GBCDBA87@E>8AFADI>A8=6<><;6IB1=@7AB@B>A98D<>:=A6DC;7C=<A@LEHC5E;;=CJ=DAGO5/-1<90<:792?C9@@?DC2B=;C<=8.D?8I;>;C??><.@@BAA9AG9CB<AD6<@>@78?>99>8C99(==A6B2E7>EJ;>E9;A?AD<1=:9CE9;7J=78D56?C?9A@AC8BI;C>E=<9;<?;9AE;7F<CAAD8A:7B@;:F;?A47>B<@=<>?<?DGE6@49<@CDF9KE>AE:A?DC8@AIC@<GGA<=3B?=?@4;P3A5EE@DAB4>9?<CB>6BI=8;=AD4IABHHAM<>;FI=A?;I<?C?F86?1;EJ;9;IHA:GEIKLF8<GEBD/B@GD7>BC;CAG4DI?S?A=9F;@IJFBDADFCH>+88BO@?=:3?6DAOBGF@2;@8@DBDB=CFIBFJA;B4BG7@<@F>OFLE=?CEBHCECB7EGR=AFM>I>KA=GFA<HAFJ@LA@@JAML<@DCC>OOGDHGB7A:<NFELE7/@CFF@FG?IF9?EBFT>BFJKKCM@@LF854GLLFRG;KW7IF>CJAICK=FANL[BH>CGH>KA>IF:JGKMK7=D><?@?>HHU>=C?DEJP@MDI<LEO?Pz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n?FN>J<GJH>=`RSGO@@DD?CGC2;L[JL@AABD7DE?=<@SN<F:<:EEGGK=8?IF>CBG9HJ=7,;DM;GE=@JCDE:9CDB?XBB@I@6>FD??FANHL=DBMADD:>C,@<CI?F<DCI<HB>?EDJD9A;>@;C@DABO:<L@60Kl€¥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`ÿÿÿßfC;3:EAJG@A53;GJA>B9=24&A@05?@@ICAI?@6GFE=<>CD:D<==IEGE@69E6?B9B@<B?AD:)2>C?4CC36<KN@/D7I5?C1AC6@A<A4B3B614<CDB18?J>/E9@AD7D:>J3-HD2?AA8C=B3.2BBK0>HH?2>@<<<CO86A::<<<?GF2H;@EA:E<:2>6=.==8@1G<C88I6<3=:;?AJ*/2<>B9C=9E>D>@:>??@HA@7F@>BE7G6H?0<=DA=2GE<C;EA>C476=@A=BJ;AC;B?@D<-BHC5;B<>AF5=AB>=:BJ58>BDE;>9?=FB6=CD7J@?=IE4AB<B@AM=F6;E=6E>3A6@<I:5HA8<=@E7DAG@<@BA<BC6EBBHDE;@E><BE>?B<A-HH4?CDJ:D@64=49CM2DF>G8E0<A@D6@?B;55C3;8@B1D0CB<6?;617G3GH9?EB@@BJ><=;9C;=A?<=DCF>=EG?8F9<:<?=<7<8:BA=5<EFD=@8@=CEA>ABF,>8:79?5A72<DH9A3-9=@?A6@@A:<8C@?DCE>9?C>352A5J=8?=>><778<OUF>CSRGPD]NOBAH=B;BC=:A8BI=6??G?=3<:>B?;;15>A@??;+?=9>G9F2:B<>6:BEE.7C<@@<6:CA<B7;9@?D;<;CB<7CF=G@=@@<<@>E=8:;<.>4=H?B?=<<820GA252?:;F=ACA=EB89;8>84B?.9?>==>>AF<EL>C396G?5>A::?28<;F2H>=?@<B=EB=BEGKA?A<8;<B><3;&<8A>B@7>AED?<:DD:DF31140HE3F=<=<CB>20A6@G@395>D4D34@AC9@<@3EF;6C3CC:B<D61I>6=E=8,?>?>C67A@A9<>B<9:4<8B?DD;@88=DI=99:?7695;E@;A3/CK;>D=8@9CB@9C<0=7?A>=;DECAA7<AB:DD@2?@B@AE?B>D?7/;9J@5>=?A>;>A><@:;7<H:7@G;MDG;A<GD==E?B@5=I>ABAB@6@=7C>3E><C?=>9HI38I@>@A=?D9<<:?E=?G@F:CAC:@A>G3C@;>B883EE>>:@AFK>??=:C@:A;AFAA8B?CF<C?9AHCA@?>1BGA3C->@=<?C4<=;A=90*@=>:>:48>*DME9BA:?3H=I8G=DIDF5>>4F@E@0GI82E<@@BKE?I=?>J>>=J;68=@G?KA6;92P>;7L@CC9<BF9/O7F8G91E9HKC<B>5?;0?>:G7GD5=L7:B>FBE=BKC.:J;4FB5G?KGGL9C<ED@A<?5@G@ED9;@H?H3EGBELCBG5JQB4BV6F?B>CB?JFIHAKGI:6>=DPC@<EDP9C:8KC<ECARMA?IGQETRJMBLD7;>KCGI@B<>4<@><CQB2ACCa8CEB<TDJD@@JMBEGBEIDHAFD=LEG1CF5NMH4?EACD?<6;QHA?HC=HDGK>JDEU8EE?F>I@>G>2>CS9KH1D=E9G<>CJNTKG64CCI;<D@G64GAB8H;F<AIOIDIBGDH@GF-;GMFIB:B8H8GCE6:CCBGD7LE@BC7CECA-D=E?8–ÿÿÿÿž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bHGOIBL=A8BS@NHQCGL9=BEHH@PJHBI4IIE<C8CC=@?BI6H.0AE63@<ABBT@EM@JSJFFNLJHFJFDJKTHA<IOZSFKM@TFGNE<OD@@MHC9C;AZB<@GE9E?;<MB=NTW>K>KJCB@G8DJP=>F9@F>F?KAI;@JCBCHI,B=CBKJEFK;>HM<<EC@II7KS;?EF6>A;.;5DEKNIOAI8R?;BG;A?<NG5B78E54B<A>7;B6D7^ßÿÿÿÿ“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h\WUJQNRAEJCJ==EDFN3JLNE\FAHBDJ?CK>D9@;C9>AJC<26B@PG4HESEAC=CB?E=NAFDLDJCFSSDAJP@AIB4AILAG@C@35B97=E6@TJ47?@7=G1H5D6@;BEA98/5IGF4CA;@9IB;6=KLALlÿÿÿÿk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f[^LIQHhSRBJHO@98RPD<AC=DFL@LAETDB73K9D7CF=F@D?GES@8@E2E;DJCBL9?D3?=<FIHMH5BA<KP?AKGC0KBB;CB?;9;D9>FG<L?;7DA?IC:3#8L&5>?=C8-)KE=A>8@=9BC36:I:IFX™ÿÿp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a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kN46b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iS;OZLDOIKAKP@D?F6A9H<F@DDL@=;APCRHEN<@RK=GVD9EC7=QH?B>B<IK\2I?8@JHMLJF=8I9MA:JAAI7K:/G;>HD;@-3=B<AF@4>??5FKHBOE4CE?<CE:?>?<DABC=I>GHCBEK;C:;HBDF;>C8?G9FG?CGF<9
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iX`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iCIEDKCIMKLDKFSAHKEKGGK=F<GGGJID>CLNMDA4=:<@=B:;>BH<8A=ADOSI?HKS7=:<@<HEB>KJC>PZQKDAINVN:5>88M=>E8JAIG6D=A>AHc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e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eCPGAGC@FICKFBE5GM?HA6>HHA>?C=5BAJQPF:G8PPKKEIG@NSD;FE@E;D@AQGBD?AID@FLEMeFCD7DAA@=G;MJO=CDJOCL=G;H==AB99IP?JRIB=S9:?.C>8;B34@;.AENFL6EEDOFCXLACF7FB;=F?<A8JQ@?:EE@D?J<3G;H4IF@E?DHB=?ID=9J6:A1GIK6IWD;@KAFB;DHE1K0C)>@DG@BD;GA<<74<I:<GP<MB>6I31F;2D;AEII?FDMC9<F;;AAMG=;B=?E?DBA:I>N:F9AD7HE;IJB><A>K=C-:4IQN?@;F@;8AD67>7@CFBOALFE:LG=?A@@M@?BADD=DL(BBJJ?J@<E'<<>LH>?H7C4FBB?@@8@A??2=B&:<794FNE@C0@>AC46':8>AIECG8?/A;A@6C::C2=1;3BI+4/;EB<,G@A57:7==>DJ=:-D)C@42:7=@B:399>D<693B>L?2;::<8L6E?<<>B?;?3B6<C>HDB<=@:<>;FA<0?FJ?6>2=:@FA9FOA?FC5B>5=<AH15BB@B+9>=;>;=A<;;<F?;:E;7;A6>C55@?C*6DKA9;7<7A./0A>;<E;9;,DE>EB9AD/66;G9>B;@4B@6>37E1C?89>4=M?;6A>:=C=:==8CHCD<;>;8:B<4@@=A?7EH4J CC8@C3AE?9=:98:1CA6D?A:2@=?9?I@6EA>L5B8=<;??=C>>7BG@A3B0;B8FB):8@-=B3D?FI81H6=<@HA/AB4*5==DBD=A:/?=0J3=-1EA2G6?;F;:;?@8747:?;CF7?;0B@IB0?7E1,-==9CC=?6@;6C9A2E;1?:?1=5;=7==EEE@@E@@C8@B;E8=E@C1>=;0DB95<=8:C@@=E@I=F.<.:F@@I8C??AA?;BAA=AA?=E32;H:K8=>I4A<B?=BG9A5>CBA@GA;?C=5A8=>D1<??DC;9><:FF=7@?15<@@D2B==C8AD9B87@@?8J>@6ACH>7A2B;@D>DAI,9DC>A=>7-5CBDGF;C@C8EFHD4E>=4D<??>?D;:1>.IA=><BH=BED7E9F966>BE7B?G@BAA@=B@>:E>=?4@@CB.=@99:=E;<:93<?4@76CEAC=:>3DG>?@;;>B@9F;?A;DCAC77=G==@8;>DG:<E>8=?=D38:@;739==@@8@DBC;23>2A;>?99E@::<::?L<A7<CA3;@9;;;<<76@3<>999=>@D-@:>@:9<EE@;>9;<@@AC=J9A@=:5<C6?ABC;6?>??2>=?/??D>KF?DI<GED-A<A=BAC==<@??EACB:CLAA>B?<?DB@DDG9C>G@B:D6=??BB=<J@??79B<<G?A@@>HFFN@C@HHD@A65.7=5?BFBDFC5I9BA<>>=J9=?EA8==>K?8??DF?FDG988>=?AA<AGGMCBE=FEBH>;CE<E?CAAFCB>DD?8?KE:B:=.G;<K?E?FB9A584;<FEHDEDCFD3>D@<FA=A?E=IA@?8DE@D6:H8@7KD2=>E>86?EHE9?CF?F@?O;?MGGCI>;@9EEEHEHCIE<G>@IIC>BIU81EMQQ8IC=AGOHE=J>EGFA:A;JGCMK@D@LOCALJICBJCGBLF=IGPHDEULEMEMHINFKDCKG9LQKHB;NDCID9<=@C??=CMGQTOCGZ772E=9D/:C=MHI>AE<CJEIBK>7HCS<YMDPL;DH:?EBCJCLF>GGD>F<:R;3[6CFJLDDDE4EO8DC6@;LXIC?M3:A@?C3F=E9C:;=1A@7B>?7@:>:&BT-<A4FLCCLCA<HA*:=?EAC<B;:F7?>HE3>ECA0@E>8H=E>A@:7,G@HHD@4>DCDGI<DCD5LB7.F@P?<:C?MFJ68A>=.GBDB>J=JEK3IBBC5>?D:K?5C8AS,<H6?A=C@@A9FN4?<AF;A=KE?A0B:;:EE3A;3DA=:1A908?+;<5C6::I=:A=,76=>CB@C@0<E<EB<C<F/;806?6E>99@<@?G-G;C-<?6?@@D:=B?=@>86=<<?IJ;HC;JE?(2?B;A4:D;>1CB==7@HA?<=L46@C9A<AD8IC<8@G77E:GAA*=4E8C1=E=5A;<A<B<BD4BD?;A:D1D;ADC>;?><@=0:,@;>6<?K7A=?A8<=@=GDD@A;;F=A;C?1C<1<>E<C7DE;;?6ADA>A:>G?@4A2?BHA@A:C;:72>?<<=:/BJ@>969?>JCC=<??CB<@57B6E>=&>6J=EHEF<DE@CG<1=@6?:8<@B:EAC5B03<GCKC&@=D@F?>8I7?8A;?<<AF>5?8=?.6>B@5C<B945F;@H>@K3;?A;A>@E7A<B@;98BJ50C<4<>B3=>:8@A@E?#F::A8;G9B@>B@3;E@=<4@B8A=A=?FC<=5?>:82:I6=1>:79::;I:=D6?.<AKCB=C:<:3>/?@DA6?A@F1E=:9/ACAFBI:3;;A@1@:8@>?C8;6A4@5??@<=@?7?<A.6976H>=;@D>><@C>?;3<;>?CA@9C?/@@G8=6:E<<BE0<?8C>;6<>>9I;86>E=;>?@F89=:4>A=>69G;9@@;=JA<;9?7H3;B@I=?,;9:FD@?><>6=8:=;G@9?<:E?==<BE@=?<??;;9BA;>EB:@>:9>82F6/;7CD=C<8:89>GD;=9;B65L<<A3H+D?4F49:;;8D/IDFK>DD?92=>6=?C?C=G@DDBB>(9AB8AH=8555;:879.>>7?=C379>=77F4;B;1D??;8A==B1:;G;;>@<KBC<FB:>B:B<><55EB4?ACE@A7==1@85?;@25@A=;03G:8-A64@C@>9?=:I?=:B@D26D=<A499@46FA>@5>;D@>@FEI<C55IMAF@F>6CE<F.?E4@=B=1;;8HGA9L=79@C5>;:DA?>9@A@AD@=;FBB5B=@;F<D?@C@DH6>9>F8@>@D>K:<C7;;BC;@BHHA?@>88>=4=BSK>=;@8FH=<;?1J@:C?I?F;;CI=;I=<:D>E9<C@IGGB:=D??I@BD4AE:B@F=3G6@@>C=:27;=<G=AL:<E><GO*KATCG;A%F;?AJ<@A?<>@9O>>A9C;K=>AC<:KE?>C;><MJT<8RI:@=B6H54CEJD=BNOFGGF=C<==A@@FEHA?B;HJQ<AHDH=GLED9D:EEFAC>9EBD@:HOFJCCJAH8MA<EGHGA0KKRRQJJY3FC<@AFG>GOKCCF=GJ=OIAAAR@CF<LWA9:C=<?-A<>+;ENGSFD38G@;6>F?M@KFOJBIC@JEHF;DBEZ3AQDK8>?C9JCIE>?;@BFA@DE@HC<2<I@FAGEJDLK<PKJ4E88I,KA?<ED@<65CCB?9<DCDAJA1=ADID<>0<??9ECC2=B;>7OB548>FA;EDI4/AAAB8>:>C<>;=?<@F7:=:7180<UB=BE:>ME@7=6CB4<@HG<9;G6B8?@A'79>9A6DF4</EH.7D8?3A@A?<FO189HBG;<5E7@?7EAC38H:@35C?IMD;D>;AF;;F>@<F?E4=BCC4<8EG5;:H<?7?>=2@;@B?::9@>76AD<;D.?>;CQ9AB>G56;A7?D=G8A1BD6E1=7=@;E>84.L@CBF=<9<698AF>4IAI9FEDD8B72G6C>F>KF<CCCG<IC9B/<=AA5J@=DKBC>B9DA@6=96;?GA<E:9B>=4D@A@</FD;0>E9@D=8DBF0>CC3&>8>;<@?=>CA6B=E<A91A>3B??1@C.<;GB@E>HB@79>F74=:B???;>E:9CA@8E@;/85;<F=BA:BID=@?:=5C;D9<9B<@-;G:@BB:9BA@?@(B<39;38=9;9A<E;=AC5;AJA9?=A8(:5I===B=8>B;9GA5?=>BF:9E978A;:?.>:=:@E3>A29E388EDH9<<K5@>J:ACC>53FDB@8F@=D79<6H?AG=:=JCF1<BH<CBDEAD=AB0BD=E@@CH>80@KE7=@D9->/C@=C@EEA@@EG3<@@:=7B=E=AF;B>>88/B@<EA=>C>>:7;IFJ1;@=?B?86<=C8=E:A;4D+=<8>K8646?;>;A<:A?=E8E:BA>@@C:IDA:E9?D=8:>:57-AFE@>=;7D:2:?G=<C3>46=/-<7D6,@?>??;D@@:@9>B1>@H>:?:?A?8B=B<=H?1<B6:?<==B?:4:BD79;;9A6?7<8?6BB<7>FA@=?1<BC:?AD;>;E=9B>,=3<IB?2@>48769C8:@E<DC0<<@?48?5ECH><27>==6A<=6>?<J8:<D1?;98;99D::FABA4?9A=;5IG>@<?C@F9/?@;9H;:@>@9D7;??BB7D3C@BDA==8<J:A@?A;B>BB99<@A?99216;CE=;@:;::805><A>C988@8DJ>;7;BCA7?4?<;,FB<;7B7@::@=E??;:<>=>F<A>O=C68;HBD9::AB@JFEDE@:?:@GE=:>EBAF;E=:@==>=BCB=FE=GE.<E7<;@ACG>@FEHGD9<9;E>C>9AB@@==>0@@GA;6:@;:G@9C2>=@M?DE69DA?DA3GCF:B?7;=?BB:?9@H:<?=1C>1:<7G6<IABCGD9=?:?80B3D6;@B;8>=:9CD@@FCBBIE;BF<@EB>CB@BDCDA?J=F8BCBDBGE>BD@>F@GAEC@BBDKC5;77KH?@B>28:BBPFA7EGBCLEJ<=<?BI;==A4?AC;HG?>82AAHBK0IA@IBOFFAFNGJE:G@0CJ==F>IDJG<IKSJAALDJQVOLMNJGJK>JE3HK?PI>GHKKSP@<DDKJNAKIUDBM>BI@EPW=BGIFF<IM7@D9E?3A<=A2ED[DI>E@?HSB9?FGMBICM9PA6FL?HGO71DJ>SDC>B??9BBK@;B>KC<Z@+@;:J>>DD1?@JF1KRA=PN=J>>HCM1BNC8F4@E<?ACB:BCFND3*E;<D:GJ;79/8;/DAFDG@96AEG>I4:>3:I=;?L=<996<;:O;;<@C6F62?KA6QBEE<MIDA?:DB8928;;BJDHGF<5>K8;G9G=?C;OB?;H9F@=<D2BDL.=HDC265:7AA6>9@HJ=:21;>AAG>:4,IK4D=KC<I6=2-7?<A5HK><C4<=78D6K2'?A?=4?AB<>?72/>9?CD?EGB??0:/=:5KGEB/DHLB0<<3<269,<GB6/B@1A4CGC675IB;@A3/6@97>>:9,IBA7AD?1.M15<C6>39?AH:DEB:B@@<>AB=>>FF>>I?AHG;C;@AJC7C><ID;C63B7>B??D2>AA:F=J@D?L?>;9@=:C;A0C:=;A>A>BDA3>=B>B?3EFL>08C<59;<;@EE;@@??8;DL@BD?A;/FI>BF@82B7BBA@<B:?F>;E?@2A<A5B7?;@@9P@<:?=AF-5GD=?;>=DB82:>=:;4B;DE2K?H@8;3;EA@8A:>;G:9EJ6:798;9E5,><1<6>?9<E<=5?G>HC@<4C+;=B4@7:BEEDAE;>?;?H=K4A?29>D=@:E@*C:?A/EA>>B<4@<1?;A@8F<D3E:=BB=C87@>A@F@E><>DB3B>D:B29I5><=A@@DHI1D>3<B>AI2=>=>:D:5>HI@54GFAAC<@DFCB:-;86BB<9BL<6??B@;AD8@7>6B39D9G?98<??=4=:>@;<:6C;/D=;?@G7>@6?;<:AB9,55<>?775>C69B@+@;8AACD>@:<:FB:B@F<CB;=G6;/4@?2>;E5FI;<D:C<7G?D??:C9D8B<<8?<.11<B;8D>=?/91B;@BK?<<B:=;72@>8=>H4E>=?>:4.CD<7:B><;9=??DCJDFF/H3@A>B8:@?4CB=>:-979:?CC@F<>0<5<A@AD=B;69BD285>>;<>75>>9=@?>4DF<93@:>:BA;8);69B<D?.?@4F?C:9A@A>D5:>35A1A;G<3A7:F@;1A?7I@9?:E>:=3>5FCE@=;DEF7?G?7@G>:::F?IC<@9<7E@@3?5DA7A:<>C,>999HGADBDAKFA>B@;;33;C6E>7B<AEBD@?<BA8BFBCDAFF?>>;@7CG;;C<>9>B=B@?@B>BCB@7FF;BF@=J<;8<A5G:G=?<A6DEDD>;>8=FGFF;??ED=G>CAAD7?DLCE<?589>ED?:DE5?DAF9F=8B9CFL:C>>A@E?;KKADAD>57?DDG8B;??1ACB>:C;D97CDC;@4<A1;<C<9EEF@;<:G<A:E=AGA<3;7FECH2?BA?<6F?>AAKGABHB;6?G:F8D<JH=FJDQH;729C6@BVEELDFD@;E;@MEKHCPGKIEG<H>?CCKIFKMPLGI?JMEFANEVFCB;HHKFMLIQA@EGHNACD:<@>DVHKMT:TL7FBLPK:JGJCGN;QPEI>LT<C?HJJA@,6B>@@<@<2@:CGIN9=C>BR;IEIGJT9ALI;BBBQNH=VK3<>2GFFBDG@TJD:9DFEATMMC?9APA@AI3DDOMDKM0?Eb@B6>B5T@GA=7=><<:<8@AE0@D>P<MBH42EL=@<GA5;<GG=@D>HMT@B0@BCBDB=E2BG9<2E25EQB>BD9=2:@@;>=H<2J;DDCJ?G?O:D99=A>;>:G<JB>GH>>D2@:3H:AC?F5C@6>IDC<8<:C=6ZA@BA>>5E@?DC9DA=EHG<=BGEA:B?@LD7A3>KBC@J=5@>?>6<=@E7.D<9><A=DA8/KI=>8@8AHN<3BKD:6B:F:H.?@7<0=AF0<=<8BDI3%@?>BG09:7?7>C@<=A>65B7;B.1>C77@7DFA5G><.=>>C=<15?5C?>@B;<?8D4>@C>D:<05=;>H:JCCB;;4E;=E>C8<>3B?<;/D;9?.;>?A<=;B=;<?gL?E:=:=/?>D;5?;?BA3=9I<=4A:CI4+;1;H=<>=DI:F@L5=C@C<<AC;88@<>:<CA;<F@?@FD@IC+=';9B;::>G>48A?,>=A28:P=+GKFCBD@D?:@J??A/>F0AI@=8$;K@AAFK;;B>9>@E=>A=@BA5?<=LB=B><?>C<B@@5ACACDG>7C@C:A=69@H:8?>17>796DA7<;,07BB12@E<7?77O3=;DG08;>?DB6+;C<1A6=0/:B<<@=1@<3:C=8A=>:CD?<BA?F207@6:@<0B:<7B81K=BDC8AH@H=C?C;=@6:AF@-;;:>>@6CB<E>CAB9=8;DB:=8:?C=?;>:9>999FE995=;E;3=F=A@=>CBE<0?9=>GJ?><<3:9?=8C9><7>D;BB:;=:8<9=>?@??A;=?@=;:>F9:;>0;:.E=D8;?:;AB<>-1A:,BD.;?</D:H:CAAC??=6B5>EB9C0<>487C@===C@</5E<<99B>GIBDH;BD=9D:=@<=:8<?6A6>F@<89<3=@;;;;>AB=888:ACBD=B?;);>?<;:@-:?:@AB?9*@AB8<FDCFC8@<>:BFC=@A66C:=?<A6<=/7?<E;510;;<A5?9A<:A=77=D@=EA+?::A5:/9=A8F>EA=C75CC>F@:?=2@AEE0DA?B@,G:DG>A@F3>B7A?8AE7;=I<IGA7@6;;A:B=>H::<=;A8:I@@C>><@EBB08@E0G;BA64EB@4:A6I=7>A=;@A=D2C@GH=CA?C@@;B=@>G?;.H@=>C?<<*DA;@F><1>:HB@;@@BC5EC+=86>?=1;ED3CD=F7KC-?AE>I>CE6<AM;CACM4C=9>289EA:8?=B?>8K:A?C9DP=><9AGJEC5@IMGL;=FEE=>4;C9=<C@BD=D6LE<KR>?>3BG8AFEGB=EKBDB>E<D9AK;C9BB2C3CCJAD=;?<?8A;?=DBOCEG;J>F9JIBC?HEA@ACF>9$?SG=<J=DAD><HHMF=EHFB@UHHPI<FNJBFJJ;KHJB=@J=9HB@@L<JHN@<FAK?HHER:MPGEP?CKDG<6RTGIHO>HBKCFCMLRKLAK<GADK4@;JFKCNJF@LNJJO=6;@7CD2?4BI@;DB=CJKEAGEAJAD-?>DJIVLLDB@AFC9?H76=>;AG,=A>>BEDOJD@C<59CD?HFGM>K<96<0CL@HHPB5H>G7>EEDAQ=@BE:FBS05ERCF8ABBFI<C7FLFF2L4A78A>;91B4=6C9@9DB27>71I;7J<>9ABABA@FDFBE:H>4FFA,2<E=A@=::FD/<GD;A]GDB1A>D9G>C?DB::.GI;H3J8JH/<7?8C?/@=9@AO=BE6/8F7>OJ4;E8KC?PBB97>0>?A2A=B7+:B4BA=?<<:3>=AD?5>C984=BH@7C:I@D8>9?<A-0E;GA=3D=9I>>DA=?B9=ADAQB@@>D;<FAB7-GA@@A?G6N6@9>>B>F?;CE-B?AA<?89<;@)9>B@><A;26C9CL>@D>3@/CA>EA8B6BA@A3CBA>>;D8.DA?4:1:;:=C?;<;<?4FI3@29C1@EI64C9>6-:>6;;49>@D87AA;A:>;;A93?>>>A=B3B=::=C?@C?=B=3E??A>0=?<E5)>@@6<F=?AE?A2?A=<>?ABC?81<ABL@13=G<AAI9CJ7;@>BB?KD:AB?:@4;B?A:CC?:FD389CA/?AH>4B6=>/HA>E<B0A;G?=8=@F69>A?B@=3@59;?:?=*97=BC8@?@AD<;A>==4A<<9<6>D85>9><5>A5;AA@99;4/1G=C?:A>=;<:0;834@F;>=*:=1>7@??;@5==8>:@82@4?@AA;>:=D<BCD>3DA/=81:<A=38><C9F?G6:;.=<<B?@BG=A@:98A=@7:D=BF933<C<@><@=C>A:<4<:E9@=,D<?A@>>7?ABF>=;B<871?D>ADB77:2<>J?7@B=@5<?;K?<9F9;<;>>9;C646M@L9;8==6@,>@A5@?2+?93A7;8*:=@8<53BD=8E6DEH8.;DC=C?7CHD<A;D=C>HA<:A/>8GB=@,EH8B9FH29:AE8B?@?5>>;>184@AA9;H<=3F27A;<F:A=6;E?B;?00C67F?G@>=E;FA?M<;2<<<87G0<BBF@7G>C56GD4@@;A<=8<B@;AB7C@;38+?I4=:<9958A=74<;EA:AC7>DB1B@9535>;;D@?=>:;=?B1>C=5>>AC@C;@91?85=C9@28F??8<9;>4GH;:AFD>?F?6@E6:2A>C>DC8C?=:AECDA?:3@7AJDB@:D=4>??:A;CDB,:DCE9>@<@=ABA=7A?@@=B<D?6>BC3=4<@<A51?B9A@@DH>6CC=ELBB8D=<>9D9=5BI1A?AH@@H;C>@7?E:CBA=@CDG=>6@4>8>62FH>@5CDAFD:EA=C7FCHH@DBF:BICBC@<2AB>H@N>:E>>DED?C=9C>?5:9?F+J@NIO<>@M80?E>A=:=<GC<GG7B=L=PG65B<BCA?1C=M8?ELO@=ES@IBJ<=7DLA;A:<B<DK@EC?N:@=@FRCEF?FLHKHG;APDK7@GG:FAXF>FKDC;@GJH6E8A<>C@;F?55<7B;IH?DENJNA-M7H8EH2KHK9REF;D1A?KCA>D?>HI=AB?HFLDIJODLM?GB8)A6=B/<D=9;F>K8D@QF?EIKU<RE>G>IF?6<@7.KGA>MAADI>9=PRBS=DB?Q6:DCJ86BL[SB3SGIDJGKNGGEQ[BFTI4AHDD@BLD<;8FEC=C>;9DF=F9EHAG4B6PC;HFC.MACM=<TXE1GA;<<:2AQB?FCCLFGJCC:?/C;0AA@A;E?4@G=L)D<8>SF@;;D?:ABECLCG>>4(G=?GJ?89EE>:<D<7BEAJ6389B;;6:CID9>D@9=9F:6DA/A=7K>@C=>5?P>=F6H;G>I4B@=68:7A<@;<DN?>GBD@65?<D/O@GC7:-D=@DC86B>><C>NHA==7>7F;>B?9A(G:<E9+F9GC<.BG95;@H@=9IE15G5/7=?:J=H=@HAGJ1D@B=6><I@<FD5<BBC??=CFC9F==7DFEA@@LK?556?0=GDDCD4490?EE?HDE;??:7G<C8::G=19;BG8=G4=BH@B2H2A*<7D0=9G:9+=B=>2;B;?M@9;=F73B9>D>>6BE<D?8DC78=:;DE6@BFD@==<DI@>;?,>B67?E9=<9C8=ECCC?7B66@7D<AFI@?D>?;=;B7D;2>5;?>:>A7B97<.57@2=B@;8<F>@?D@A:G;B=9B?9=?=B7=>J=?01<=65G?>;=BC<@71:;<<57(A@0B8I;@?9E<=9A8BCH08GC57@?IB05=-DC>4?B2F5=7=;,4B=<A?856=9<I=>>8A?K2*BB8C96AF:G@B<15=A==;=534A?4A>4@<;?,@B;4<I@A<?B=IFDDK99F>=E?GC;8<=CB+5E07>487F;@D>A9?;B=:?AB;6?5I:@:@@<B>5=8<:@>AB;?BBA>E?@2LCDEE>@D>8@E1:A;7?:3@15=<;=B34@5A;AA(CDD:;?6@C@7B;,7:B=3C96<3<F==;A8=E@6<F?==C8FA5J?9A<<>?DB,=F2;=2:99G8;,=BM>>2?6H3?A@@K@EC>E<7=3887A@A5<D<<:A@2;<B?<<:86G.8F17;G?J782<6?:@N=B;<<@:A:5B9D:;:C8C:=H2BC5468A<5B??GE>:<B;5:@<:=9?>8BF6FD:>:H/<:<<7>:7?>;91<:94DG:0@68=9A2=6C?A4BJ>=E@=MCBB0+:E;8@:@:=A.>??DC?9/G:B7B9==@<E;.D;6D@B2B:@/>EG82CCE<@>BFB?????=G?C?>F2<9DFBA:7C<BC7399H<C;B99>A>=C@.E?AG2>?C<:;F@54??D;@AB=?8>=>E??H:G4>A?B=-:>>B@@D9<D<DH:BA<=AAL6:C>>EGH:GG:<CJ>>B=@BE2<8<DC;>1@>HKFN?99D@=2>HFAA77-;?CF=A8??;G@AA=:BDJ;:C=CO87APBA;DD+?>E<55:>>9?@@@HFI9;<9G@L?@>9,<=BJICBAT?;@@;F>FI?2@19B>>?C<K7AA?=;AFC:RPIO@BN<9CD8M>NKD?C??@@:68NFHI>M>BCC=PGM?E?E?ODIBRCCEGCBEC=IEDDOF@=DEIAIPAJB@Q?LR@P>DJJDFP?GI.JO<A>;B<<9B0DIDD5?PUCHO\[GIG<@BICM8KECDEHII@BA?YIBACKB58FFACI5P<ANDEIGD>7FGAE9GDHNM@I>TGFHF9DKXC5E8HD<>EBC.=I?4>L@@IF<>J>EI=E>AAD=E+J:>B<H8@LF6=4MMD6;EDDAEP;AGK<L@E9JH?61OK>KCN97?>B8;8P;L>DDG3@IAB=D>04A8:>KENED@BEAK=/2;?;>CB8C6.B;7991??>C6Q9:9:C33>@B5<A@AG:?G=?@>>DAJ>87DE6HA?2B:B5:::AC:??BE/C:2AG7@A<E=<7DFF5/235RB@EBJD;F<086CBE<7CBF:;=@1G8BF6G?EJBE1FAA5EC>70=>?4>:A6>@>F:/E>E3C@'C;A=H>0C@7C;?ABFCH5E?A;6;A13EF<3@0C5+1<5<@=@97A<==DD06IA=;A?E7@97;@<F><F?AE9>>-:D?8;<=5<>>;B9D:2=@=JG8E$CCA>BA4F@6/B>C=@??G7@72A><99D/<?A>3B>7@F==A616E?9F@9=H:BE=?>.=D8A6;7FC<>8B<9;;F/C8;B:E?@A@D=4=CC/;A=9@AG37@A4DDB5<E;8=+87AD9<D<8?2B??CC@<8>?8859C76D.52>95BBC@CG;@5?7C6E>=8?H>EE7@:E@D57>5B6>;FC>:9CA=>C<;49G:;08@G:?6>9C.<@<=<E;;=@-9?==BF8BA>L:7I4;?9CD;AA?9>4:C:A:=A65<?=9D=BBD4<?4>@@@=A=;?=AD@88A?D==F5;->?<=CF3FBE=B<<C>55:<=D@?:B:5;;DA:9A>@:967@A6=6A>DD@=BAHA4?>BB=;=B<?AD;<:CD9AGBB:?>DF81:@;D?<;/I46-?2?G?6=@FC4:AAB;B<CC;9<F>9:>F=;>CKAEBBEEG?D;;;DD=<4B;:;99<<D>DI@D@?B9<@)BI=FFD@I9LA=;;A>7EA=>4<?A>;?=7D7?>2/@?7>>;ACA@DD?GEB<?;@@ADJ?:DIADA=HMB>?C7D??E>;;>A@AC38>KC@:A2A-BA.=;H1A==?=@?::;::FAEBA6<8C5B=DE9A=79A05D+E?@@C/;?B>E@@B=E8?=?6=<EA@84:A9@7BA<2D:?5<06B6D<B6?;HAA=<>A8>@:B<;<:?FGFC>@4>CD4AA/1GAF;=C10B=@85EE?<<<D:AA9@GC:DC2F?A5<==E@75A;BGGBGA=?AFAA@*?@=H>:?E@=;<?GGEA;;?UVH?><5EH33A>:CH5=I9>;G@A9<C?<7F>=<>;@>F:=?JB5G<1=>;G;9><D@@BBC:<C5@F?;BCI:1=B<A<@=66FBFKB5J7F?H4:?3=E>;C:><@8A8DA?AI=KA<P;;4I<=8=B3BB=;D0FJ6>>B;>F5?@HJ96CGM@0IE>A7I<<@G>>>A<7HGID<DNGC>A;3KJA?I?7DH3=MDA?B8H9AM@AAJ7C6GFMGFWFO@IB6SKRTLKGHN<<GI8ERPKSSL<AHBAAM=CJ7HAYGCGGLAFD=F=IK77?42?5;>5=<.;A<>GL?NLLH<EI?E?F;KAB7<A<<:?5CNFQ?LJHKFIKD9@QSBJSK@MD>FLXL<KCJRDUFEMPJE>:N7A@AFMD=JUD<C?9=FEAF?GE=M5BJ8ADJ5BK+GBMJNQ=D;=B:1AB7<<@>CJ>773DAACC90?DMG;BG@D@AHL?=>@6A<GCD4=F?8=K:.DC=A5BC<7<A-@C<67G?CNI473<CAI@7C7FBB!<2FA47:<+7@D8<><@?8E2CA?<5?A??C>>FBI*RAA:9E>BE2BG@5;8BH3C83,A:@CBA>?32B/@DBH87AB;<;ED;/>;:O;=7E@9@G;F4FB<?B.9FCCCFEE:.:H=16;=79:;K@;<951?GHD>0A>:8@;.AFI73P8>9?88=8;8?7>DEC?AA<5F8@1BDI9?@D=J3=?=B?=727?@A<C=?5/04@=D2E<C1%>38CC>@B?4:E5>=3674=D??A6?=>;8;<H2+;@9E>&B?6B7D?;94.;=9D9F-0<C?*9H93B;@:2>;B99?=6@2A@;1669>;555<DD?0AJ?I5599@@9B2ADAC9?</>=C@D;4E3A%8=A;E ;3;<?:?7B0/?E:8G5DI=A@5?>@C?4<<=>=-<6?@/@@8;:8A>B>90<9=BCF?7)762>B:B<@H?2B<EE;E:9;@8BBEA9?@<C(.86?5<A4;;=<3<;8986=?E;EA?C6:>@<E?)E9A=B>C968+>51(8A=513</?=>>*45<9;ACF@:?@9C?68?F8F>91.=79>?>B>=:BH<B<B@6@@>@E9&EGB9C67@?<@E2A>7=56AE@:?;EC4@?A=;<=,=?AE1@;=A4B:G.>=?:93=:;G<79=8CEH>?4B>/<?C8KA;?C?;=<6:G79:78?8DA5=8==86>C7F;F??<58::@;E9=:A<>D9EF;J@I?9A>B>>@==3?F8<?6CA<QAE1;D8A@@7@=AE5=II9<7?=?><E<FB3HE@>C@@8=HDFDCD=GCHDFICE08AFC<9KB@9:B<;=?9?@D>7KC79:=(<5FH9C-?CAD7@C@8D@>EC9A=C<<<>9F;=67@64B8@DAG6><E8?:8D@?@?D;?:F<<=B5;:F;/B<9B7=<C?E8?4C:=E;5=<48BFH5?4<8A@2;=B<?=;7>@EE@8CB8CB?1<;C7A5C?<FG;:??9AED,:A:98;5FDH><C9C>G;ADD87=?C9=FA2HC?;?>@7<=AD;7EBKF?AA@>=CC?DB<<=AC;4:6@8E;D@@;CC;DHAE29CNA<7B;4@<?78KB;F6<>B:5-5@4=14=A<CA=1@EAGBA?:??@6>CIF>9D??6D8B@IBB<@:E9FG@=>?=>:DCF>8H@IB;=;+5:2M<;@D=:F>?/C?C=6F77;AHAJ5?IJ?HIKB8AA?9H1;37@E2L@;L4DLLBG?6A@CE8<@CGIA<EMJ8CMJEEGL6DC<GCWALS@IC;<CAORDA=E*G>A=C9?MAFDCGQECJ<CBIKHCUPGQFNIBAKIF5;EIIGB3KHDLGBNEA?E@FKDP6FAOE7JN8KBA6CA06;8@:D>OAKHLMOHA=?JEBAJBJHLIBE?E5C>GHMG[NG=<2<::HMGLNHTHMIJDB;IDG,CKHALMEBIOJE?J8FCFHGBU/?E<?.DGF?ACCNHCH=>5EC-G:6=:E*@3KAHB?;;;7>?A=7SJ05EC@8@8363/MD:HODB=8A:EK7HIE+>3;5@DBB:>>:<E:E0HG?AD<C?H<F4LHG<JME?:D:;@FBA,9-?D?EB6.<E?BC:?<9/>A6@.2IC;7@@IC=<?:EB3E=5G4B>?=>B=@87==:B=:D)E;G78026?=B=AD-6?D4B<<9=%=:G5FA=G7@B;@>B>92DI@A>FB0==>=@8F>8I?BF8?6AB39AF/86<9=I$@22F:BEA6>IE<4B=>BEB@8A8C?8@?957F?ED01>9E7A=BH?@?::5>F?;=F?7EB8>3>.;?E=82B5?BA5D0?G>==;:=<@B:9==A4E?;/=<C9BB1F<@6=B96>8A=9BF6F??F:>A4?BA:EA>5B?>B4<<L9A@D@ECC40B7:CF=9>46<@@?1:BF>A;?A8H?+C@<A:8?35:C>63,@>?<72>6@F?C?>5>??;9=1A9C<1=:<2G38A2CD1<=E=90<DD6=LC@;<?@:;?9>'BE657B4?>M9AIGA>?6;@A5>8CC7@G=>=1>;=J5<<:>:B?ADE5>@?>=<C51G??J=:>G0=+.:B8C>BEAHG?=B<A;E@C?E+;8?8;D86,;GD<:BE-<<<C?69>)<A3;A?HE<B<7<;A=9:=>3BC9(?2;,@A?D:1>D=?8?B6@AI:7CC0;/648I7/<B8=?6D=;FA4B?:+7<AE>2=<98D>>B<>GIB6:A@=C?A:9@7@C073C/<9?7;<6741<77:@A6:8??;9;3:79JF1B7;:@H?5=9>8@1>/=C8?:;A;:<C97E;<8?KD=>=<<=H4?;E9;>A34<@;A>I4G<2:CGBB8:;@;2?:=>9E9FBD:;5;=9<E>78BAF:>;D=B>C=+;B;;B=?8@CA><-C5?=>?B;=B?9D>BC8<1;B?:@@<D4A:=FB>:?8<@=868@9:E3@?8<<4C62A6A:-7>76@GEB.G8=6::GD298F<A;?>;>7BB:E:@;>;;7??5@;8B?=;5;7A:67;C@@B6<:;K<97E;=J<?<9<:9D<=2?9:BFA>=>F9E?DCDB6.;;B6D7L>>A<>I8A@9=;;=>:<C<=BA:G<?A>A:F9>CE@8D5C>AD8:C5D;?E=9@D@<98>16C;6DA:B/<C;G7A=8:4@>@D@>ACAABF(?>FH<EE:?E;>E=?;@DADAA8>6=DE@C@T@CGBDA8@H-7<EFM@@@<>BFE;ED>OB6ICBA9;?;=B@?IB29>7NL>C.6CF96?F9>:CHAIB5>=<@ID?L58A71CGI?B>;CAKAG==HF=5?D<AG6BDE6J<<GGJ2?FL<TJ-FD7E2F?CDG@?5=F7K@HAF=EGEE9ARBCJHGAF?CGDAJFBTGDUCAHHM06MOG@EDKIVBAALV=N?IMOIWNRML@FCMDDCE?BMDA<BHLMM9G5<8JGF>7@7'@DD>BIC=VC;CSJE>=BN>=H<G]DHKHB7AKFHKNHBH?B;92HF??BFC<EH>BDDMSYACBQKD@NSGBDN<>AIF@E<<5;M>EF;QFM<;C>EC>;=H@H=CH&:6G;;B4DFAUEGDA6AI4@DL@>;EO<BAB?AE><<7BGC=EGDL>DA8H>7CCDA<E;<D;@6:A;(FFF>89;11A?H0AD?4KNBC?:55706?I@C.7DL=E;?DJ87>4;C<:B9<BF7<:C:LC>H@@CFBDEA@=G/@G1;=3A;FE0<9<>5-2DB9?9FKM??5:8=L@IBA;-D;1FLG<FKBD4I<???>H8&E>E<G@.BCD>=DF;2>=@84)J4<<>9>C>573B?E;BE:1>;1/74<?@B>8E9==9JH7FC@5:@<@5>9@><??G06B<:?=:3E:;=A;C:;?7A<*<B;=<A5A>F=>D6BB?.1ED<@-;AIAFKA3:<=C?>G7<A7A$A@18CE:BG??6D7>;??=BED95AB=:E>?B7B>9A?BA5E@9A78F1D@?.K4E?78@?BG;B@<B<H@@8:E,=CEGG>6G<=?4-1B8;>:.<GBH@<61A;=D=B7CB8:5>6EB6<D=:,A:E7@B@0D:6ON>>9:>BA@9I:;FC@?@G?D4D:-28A:A:7@9@<ECE;;D:B<>IA>F;7B6J>>K7<><FG@=A?:33>;79=<>JE-5<4A::6B@6EC@?5?DF9<;:CB<>=BB84E>@D6;5>AA>>*A04=7;AA@;9=/B<;8:0C84A8@=@9/@0AAB@0><C/@>9:6AC>:6@>@<:9><B=>=4@D59=-?7;C?C=.?E30C?97A@=5<83;D<8;IC@D?=:<?F52;2.379;8><HG89@</GB+96;3D<:+79A384@<2918@9BE.;ACC8;=<E?79D=C<BD@:@>>B8<:;>7@<A98B7;E5<;-@@=?@:/,98@A=CBB=6D979B>>E;3>;<D1=8>?CB2<G?A44??:6A@6179+A62BC?;;A4G011=B9@@=9?4=6AAA79=E38A<;?08219>J>H?:A1C@=<GA<;<9<A>?0=4:<>E4>9>:><453AI=C>>8,@:=<@=<?7=?:.@?@=96><47?3@<@@C4&A::CA@;>?98E?:9?@2>=:<=?=-F:998:9?CB<;?;C+9BA@=J>&AB:<<>CADD<<:>D@@EDF?7;D>4>B8;=8>2;=E=?;7=I@E=G@BD<E0<C?K@DCBCF?C99CC>:B@BF;C<B@ADFA:8HG;=<D?A:>F@BBOB=AI:=EI?2?B54:?=BF<7C?>=,7K=E=A?:A=?5==>EGJJDA@@L@BK<I9@<@QA?31HCI=ISL@<E=?OHHL78F4>2=BE@A:@C:@LEBKG3HBK@KD.I7EMBDBFLKK>7EEF:8C5BIC><><EGI5>L;;?9GCEC=BNCFB?BF:>=AA878L?CFD>7@:NCP6A-7@AAJ><HFIGHOHHDMNJK@CDCGA2=>FEBJNG[DOLOI,<B;E@QTICOFLJ=AEGC>@ANNPc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l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`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`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e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bDGEYNGCX7IAGKMG8ICAFPHAC@SD=DNLTRRIDADDSD>QDDB9M?OL?IBMEBSHQKHDRSVA9NKQLTBN>EUFAQ??>BERQCICH>GB8@9I*><<2FNPIHKA?a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k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e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`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`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cI?>?AJEKKVADAAADF=OE@8>MUUJPPI<AQKNLCGQCIEKI>>QAORD>HVCHFWHHMMPHRJM>GAFEH@C>@A5C;?;GNAGG2E=HK7HLITEMGN?@KEDB@DO?<?QM@HAIEARH>3-CFAG81=3CF<IC/?E<FF@?FD@?PR>\8C@?_M=8BVKBF>PGGM@<AADLF;CB@@3MH;EGAK;;<>=<=JEKCE5;EE?@C:1i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a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j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j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a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k?KDJPIJQKOHNOICCXKNEWDPLJCOHFIMMLIKE=MLPXLJAJHBGTHOJGZVMCVIKOEGQN?LBFIGD@GIPVEBMNIMNMKCNKLEA>?9:C78ENJ@G?ASZN6A7B=MNZCEMRB>?L9@CWHZDCBJLK<:UJFHDXK@GQOBPFCCFSGF:JBHGaZICL<BQC@GAGDD<OIEDKILA8A<?NDJJ>7H7@BF?NKHFA78>@NOLD39FB><E:@I>E:8Z@EI88JDKHHFIMOE;I<<NFB@EC>L?AGD?</DFTAM?A;AJJ?DBF2>AGO>7EHAA<9A49>4>IAGM7<N=F3N;K9J?;2G=?<BBAMJ<6=ECC9A=E2GB?3B9;DB==<0;-GED=<>A1GB649EA0?@@CG9DEB;C7EA>=FC)=DH7;C7JA;1B:G9FEDB=6==??ADA;DBDE?>>;:F6F;60D63A;<AG:DD=E:E@KJ9AC=B@:EFGBFHH@9C7AB9HFCHB=CAF>4DA?=@6DBDCA>;?HFBEAA<@:GA?GEMB=;CM<<GAAKC:E?C@D7>>A:?;<4EDB6EJEF<8?7@9AF7@?@CF?>E>DB6CAEA??:C@?:D9CE=G<GCBC30=;C9B;;6FC>E84?18>B<0ACE4B<89>A;EC*4?FE;?DB?A6MD@:4F=@:6A=B7CA9=6A12EDA@>?>8>GB<9?5A<60C=?C4K7@<99=?=B@9=>;?8?:B?;@G5C7DC95A9FABEEB?>@@>BC@4>I>:CE94;?HF;@AG;HAC=B6FA>><BB<C<?BGDB@=B8IDD78,@B:DDAB-GG;:DBB2;@@DGE75<:BAC<H6BA@@HFBD=LE?<6B<@=8A?5>9@@FI@7FDAC@G?<6<0B=?J=:<=7B<38ACI@=<4<9H=:7@A9:>56<1>7>,=ACA@CBD<=A@;6@6@<>@C;<=7;>=I>FB??BH5@D>9::<>BB=I7AC@JE<BF;>@A:=CEA:84;9C1=<5HE9;@J/6A7A=2=?;A=A@FED8:CD:C:G/A;><<6EC<9EAB>6C@CA?DCDF2=>=4@=C9C;C@?<@;BAB8@;25?=?<?,>=>ECD>A;A1@BA=D?><H>97;3<=;H;:F:G:5?EBG>D>88;AGB8BJB@B:9>>D@>BC?><8;EFC?B;>7BC6@@<55:AB<;>?<F=2E>;8<FB9=@9B37<E<BA7BDA5DCI?BD9DH,7:;BAE==A;AE;>;=27;6>?=E>5<;ECDB?@??>L:A76>>EC?=I>4BB=1<>I>;A<9@A;;>5G>HFB=C5<FFE5G6<:AEA@BE:AM4ACC=>6D:@?J8>?ED=@C;HG8?BFB<?F<'>A5E8IEB>DBH@>BE739CD::@FE;C@BC;?1@C<=;=DA>9-6A?>A=@AA/?>>;BAAHAK?.E7<B73=DGED4>?A?3>NAJCCDP<?<DBIAB@A@@I?;4EAGB@DD@B=@E4LC=CCEDE@><FH;ODIHDMLJ;F><BBAOGOFS5JHC@>M;5JA:F;@C@BD?CDAMNK;?>BLFE:HI@HAI@MDMABDQ@8CHMFELRNRGEC6IJDNLILOKHECFV@HMGAIBM?FB>GDHCPCJANHELNFHRIEOWNHQJLGN>LIRQMODFDJFFHORQENXJICBGK=<>DWRPARGDDA=JN9U8<<B-887ER?BICKOT>JGE?GIMVXJKJCJEKG=TNVIJ<O?K@DFKI;EIDDMGPKFKF3ILJHF68UC2X:CME@G??/D<ID7C6D6U>KN=D@PD>>Q@D:D7ACAMKNUNOC@D@AH7;ECCJEID3KC>=DHLDH9GS=OA8DF<FCG?OEPBC@63OBQ@87:F;DNG?4>>6@69@N9/MBDD6=@DADH@MBF.:?MKG<P>C::GFLWCFPE:1;45;:5LAD-LBCCAB;L6CF9C;H>=G7??@<=D<8=6;DEBE6-@45>D=:GC@@7DA98E>:CC?A=B:=@?DF;GB>?HAABF>@><FEAH?A=A?A=>D<F9A>;9?A<A9CEBE>E:9?>C??N;C@A@CF;A>.:?DEI?DAC8=55<D?D9D?6B<E=@<C@<BB>=>I@I:B9;LD=C>??J?4D?<DA>9FD@@D?@:/@<=L>@GC:HGC>DE=3<;:4G?B@>@AC;9@HB?GFC67@=@?<<;;F:>?E:?0;<@A>8A>@<IA<:EA<=4ACF9:=C;G=?54=<6@><<B;G0@?9<7:J<AA8C<@B;A@?BB>79@CB5GA:DA62:6?1H9?>/58A8?@?FH;<577B7@:=;4?6B>9:;?3>=CAG3@=;@B@C9=:B=1;IG=D:CG<:87;B=>BF:?9@>CGBE8>G;@@HEBCFIB<@FA<:>B@?>?;C38@C5EA=B=8A@BFC>ABDF>=>CD>I>AAE@BFCB8H=:=@A<ACDHD99@/:0;4BDBJ9F@?@C=>?69D5D?<8<>AACD?DC@@AG<?77A5=2:>H:?1A6B>E=?D6<AB0=7F>D>2E>.B@?E2;@8BEBB@D9>D):86=BG9490>9C=B;D+B?BDD=GD9B<=5>C?=>@@@<7A/5BF<=@AC;HB5:;>C<=<=;?;9=BE>BLAA>:BED>=8E2D<:GC:HE9=@>9E.?B<A=ABE4BPBBB:F=?=@><?=25F=5CG>9A/ADH9AAFH5BAC?BA:=<>?@;@<EF>@G;DH5B95A@<A=;CC;6A=0I6A==HDCF=D@BDEDH3@(;GB@HBD=I:>=@B;C;B?BDE=A6?8<B9;?@?C??J<;D@CA57@=B?;0:==@CD5C9C6BAABB59D9<:@D8>A6>CG>=?A@A9?7B>;>>DD@@5JA?FAD?AC8BC;B<7>@9A:<71EG0<>G@8.=6CC9AK:BDB9?9IH@:?E?=?;D><A>A=>>;BA==CA@BB9=D<DAH@=FABLGA<989D7>A?<:G?AA=E9@@8AGC?><B>62A9>?>DDG??8G@;?4D:>A@5K.?@C1?JAD8I@@=@:<78<PEFA38?FCPA@:>E<KA9A@N?>F99<A@D?B@?:AC2<FHG@BDJB>BM;B8FI=CRJ=@NLIB?KL?FHD@E;>CB;29H;H1C@C;9NEIK?C7BHAoB@GACIG:<KMAPBKQ[D?KCRFLJAM4F;?3MRJATCM*CJQNFREP<CEM>BIKYD:KJDI9?A=PPXEKJEFIDQHIFEI>D@QSIKGLC5QQ6JGSKIEELTHD@PSO@>LAQJDARHBPD:DAFBSQPHR=@4=9H=HBCXFEDIXECIRIEGKc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aR@?AGNPIHKFMCEG<EEIAIJFCE=MIGQBM0CSGSG6BA83OCEKACGRNdFLPE2?GQOG;GS=H:D?D=JEFA9=D@A=:DB@@D;=H?IUKA:5DALD7MDCBD==JK>A>D@BD@?C<::CE?AA@?;@/AJ2O:<B?9A6:H7;:?=A;=DKA@B>GCFA?EHJ.K@H)DAC/@DLF7<53:>EA:?6J=<AEB</=F<@BF@24>;?<-96=A=9:A6?A??D(A2@A?>;@C@@6G;CE;?2H24@?@BE>H0CII<?=>B:AD8E9I@GD4A@0?AD>?=2AJ;B=AA>AF9IF858<ICDG@<BFB>B3DG?H:D??;D:9AAKI9BAFAB=L;=FD560?G;:BBC5<GA;@EID:>D5EA2GB:@=9A@FD:3>F?>GAB>;A<6(>A;?3@E=;D3C98D/::??8G@4>C>;A?9<AB4D?;8<DD=A9CC4=99=9@BC>D=;>KB?69A@C<6<0K+8BC>C<E?=C=@?AC:=B=5F?D0=E?=@F6BHD=:@9@=;A:8:LIA=@CDA>G9AD4B89A<6@DADE8C6>;6AF9>CBD<H>E?2?@<3CA;?8F6=5E@AA@@@CB4MJ6@K@@<HC>E=FE>B'@:7;E=H;3DL=GIA?CAIA3F4C7:K@AAA?@@E3H>E?6<E@LD6:=;@CA;:GE:?C<7B:BC>99GC8:G=1A8A>?:?@9=:38<CB=?=E5+AF:==9C>>C;;6FDE>?:?45;=4A>1E>DAA@E?BCDCA?:9E;:;7D1A@?=:<</:?A7@<;@C>B;;@4C=9=<H997D:<:A?@@@BG89:56@C;A=0C7E:C2@C@CC9=;K>B=5<7CB.>827?5A:@5D7C-9GJ6=@BB8B@@E<>H:HAA;;5@=:CB?:?:>A9=5F;:9>>C?BA@;BF@BG>@>;=<B6>=;>28-?;E<;>D;=;=A<;A<7>>?A;<AA=4<BC/3;2C>E;?>:>>D?5>:D;:<@?GAED9?A:G?:BE?6=>7@=7>BCA82?4A7DCH9<1@=9A>8=AE?8?;C?H8A<9H>9<96>8>?;;<;<.C>::9EDB3=<<*199@?;8A5<8D;76?8>KA7@>6C@5ACDA9C:F@FD=B:B76=?G?3=/78G:=<:<=B?<@9HFAEAE>@D=C;==?>B:E>BDC=>>@I94AB<,J>BD9>?>A<>A<G7/E5ALEH0A8:9J@6BC<F?BDG@;EK@G@B?F3C?:A9899D>36A8F<G==G=9FDD7;@A<@=I@@F4B6I?/AE<AE=@E:<ABA>FDC7>LREA7@=D??C@D>>N>;ACBC:BF?NF8=@HEEK>=E>BN;ECCFFKGLBF;=@HH96FET@?A9II;<?2CLDBJD>>=4JMPCHLKC>FTPEQMKO8IJKEHAOKBHPHIH^ANAAAL=>;MTFLEOIFQOMMEHJFTQIQ[KKEF?FKPHIP9HAEQ^HJJGMGLMGLMJQFJKH;>GTGJHI9BIFAADGPJL;XSE<6@BC43FGNJOFMKLMG]LMMKQ>JYMBBKGEPKJCAGGLK?IPTRNJQDCV@HI7Q?@:IN:BIVM97IJ:BCVQCXABNGADQUKE:CBGNC?DOEBGHA?GUJU`MIDOHCICKD<D:EKQCGCH5AA7FF=HCIEEE:D<O2FG>:B?>>BG7=@K4H9<BDJGo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oGRUGU?C[DENRWAJOB9GIE?XRYRMPGIHSFDKKG>RRJMLLKLDK<?99;9@REnB=@=ONPc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ƒ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a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c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aQJPA=P\@:GRDWKGREHHAHQSFB@DKb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`LN:=<9G)=3@?DCOIG6DC79?EHAGHLEXE@HU?D@ALTG>DXG:CGGDHF@CQWUVR;LIJI@SNDIEAEBEPHA=EB9KNGDIDFBK@;?CDP@SAFJFED4CMEM6DCS=CD4<KA>k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bKILNB>PBHL/?SJ<R@JHJEJEGLESL@INJNSLP8NIGHLAJMFOQPKUSOL\@Q=DIRCRUJ<GBPAHJXDYFJ<@FGDG81B8+FB=FNJ=57HFDKEHHFPC7G<BBJWNBNJ7OIBB>AM;CEFLABJ0DOKRHEFM5OLKRM]OKEMMFHRGMQDBCGCDFLEKD<@IIHH<FF6OMHV>=J:;GBB?BAAK;D@>ABHFBBK>CH>D=:IRMC?CA<T4?@H=MMO9IH::H=C4;GBCP0HF<=A6AC;ACH;>B@3AJJBAAF@B?COPED;CAAEFH<8AB=DJ827BAEE9B65<@>>:IBG@G=C4;G3<@?BD>:?;??B?GC6BF<=@?>=C4.5@<9@>F;B2A8DKC/9?A639B54L=;?DBCB:D>,=2=67;@9?BAB?><D=E9@<G@7:ABF;@<>LFG?B<:<5=;;9DBE>==A>AA/??@CP;JD4=J3A>B<?;9:1L3@5A;M?>2CA@@5J@-5CA=F:=:<J7@:4=GA<C;@/BDC@M?<D=B?A@9=>B@F.<>04<C6@EAAA6BC>C>;B>;<:2;<:,2E<9>7:D6>J9>@?=B@83F4>0;?<?7I4?B@?I9>JACA57B>BC::<47CB/>;G:8A66>F@4A>AG978=?34?99=BE@CB@@2B=B5>E;KB=?8<E>BA9G3:AD5@?+;?B55?DC@8E;:?7B39ECEA<HB?E?D=;C;E89B;>4:H/23BA>:=?98=9<?74@99<=<?:8702@:B@?5E?9=D<EB<C<A9B<H=;N8=:D/FE9B<6;.:6.=BD>:BFC;2,?CA@?>9F8<?G5N8:<-8@?:F8B@C80F=>C85@=/?9BE1H+AB<I8:B??<J>>A@CFE=?@;CK?ACF??=;I96;I>C86G>=<>A69D<E5=?CE==GA;@:?D==@CAB=?=;;A@C<>EB;=C@DN?BD52D>;<GDB;?88;0=CC+F9;7?4@B;5896G7:C?B7@C;I?;<)6>?9F7F;:=9>;@:D?>=7:E<A849;@6?=A;9D6AC;>:7>;BF>C@6;?>B;C@E=@81@?C?4?@=9BA@A=;E?>G=7<:?=:C?BED9<@??E<KF<E1D@>:A?B<<99:DH>A@6;:C@:0A7C;?C;=:6>6:EA9B;;BAC>=?BE<8:EB99=6A@0736AAB?@B;<84EC8>6=B:BDA?=?FC6?KI:=?;;/=B?::A66:AE,F@B>CC8B;=6E?<C;9?:>B6?H=>@6,>>=B>B>=@;=2A9B5C:JGBC@>0E@A=)8:C?AJ9D<D=8BGC8D@BE:2E?DE;?2AA1FA><%;EAE?BDF=8;D?:FG?@6D@AAA>D@C=IKH?<C<<8DDA=C47=FHC4=E*:=H?8GAC?=HB6?>CDCEDEF<=6>:?DBF5<D=>BBH?EB>=>B=B@7BC;96I?@9C;><I>DC@?AGEE@JJ<<CEKBI@FC<@C?;1DECCADDKAE;HPEJ:ACV9ID><GC3D4HA@@O?E?<J=OI:E@>BF6<6:@LDGFN^MCEQ9DHOQCFG=@A:ED<ZKHLTWMHDBNYJKLQFJVGJLCCAHC6CDEQAGCIXJC>HBI<SXGBPJPZYOLPHPDDIR?>EIBCNLAJ?L;KMIFJLGSFACI@E@HMKDHNVKEEUHBA>8/7=B;EHNCLgMSGBJBDCD?BOKEDMJEE?QETDNEQJGBMDd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wNHDLGRIQUQNFIFK[TKQKMFDIAGD<OY>CB@CGNQ<F<NR@3BBA9@7=CC<;>BHGHZQLOF>BKH@CF7@ED@B=FGEJOPFEKH?F[ML=PNA<LELNPTSITSDADF@ABB@CIABGN58=CES?;BKPOAB><AFO=>X:GHMB:NF?FAHG?HLID:F?A29AA@EGCDKJ1SLA@B>B6>;O3=A06;EGF?G7EEB=G?MB<<>-GEe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a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iSHDSKD;EBGLRQFCC[:=@?EEDENJ<;?GO9DKXV@AAI_BMVD=PHIC-;H?[NB?@MC4F<3B@MIOA68<>HHNCGH@5>=57F>MBGL=@DKNWFHQCE;?DID@E$3CB;8H?C<@H=UGBC9A;F6@N:5JIB>L->9=:EHJFEJ<J;A%GB6FFH=:@B2.A:95A=BCHB=4;:==EDF438<9<>B=A>FE>AE]OB>8=<>AAIC?B>?<?<@3>D06B:A>@<<HC97BIBKC9:B?C/BFA2>5ED5B>DCA;A59@>G313>4:NC=L<J=>2AC:;=49DLEA>DEE6;;D=3?>3=CH5BAK>AD+>5;4=Q:BDA?CC:<F=G6;C8;-GC>FH>7=C@B>;5J=B@?997=3FIA;GL?N->88@;7?<AC-9?=E90;BA?A1==A<>F7@@99=A93?=GK>1G99@;?77;=</:@>5;B>A9GC=(?:DD?DB:968?40F2<1?>A?=EEE/D=F9DDABC?D?=9>4<0:;B?BB5/C<>1<2?9@?>D@58A30?</I>=90A7H/=6-?C<7EAD?E4<@7F>7;@DG;<B@;GD7<>AA:ED??;A-:4C5-5)C@B>E?295?0@A<B@A6D<B;8BB7D@<F7=@B9@A637?GA=8K9>=9B7B6</<8F;A8;37<8GCC=;G7:H6;50=6=C/:@=730AH=4A><F58=>;?1BG?G>=5A5AF?8?D1C>;F8:.=C>?7;:GA>I4<EB:7B5?CC;;FADEF4@<=B?9:>BH7788C8B7@;F>;><?ADD</80>BA86?=J7CC4;;=28@>68><-3=C?CE?B<F,?5==6?D=F87BH9689E<9AA94<J8:=>>C5?*>HC7>7?<@=:>D3H/;<>@5I9=8C4CD@;A@B=8:=C>ABB=9??<(B=DA:C<H?B<E;7=B<3?5?F7@@>4@>A<F9D;AA43@G7E;H>:>><?FA1F>?DE;6?:>=>?A?==<;>B>@A86@+D2A1/2<:@6=B>A@>=>7<A<6$:>A1A/@;EF:55<><<7EF?9?:4;??=F0:BD9.@A;C<3F9?=74;>D?6ABCF9F?<=D;<=:?<=@@AG=/9AB@B>@:5;GC:5?9<GCD>9>J@D23:<?CC?<@EB?2?7@P<B;@:BNI>@CH4J=73EBL=?73@>?B>@6A@04=1?BD@<D>>:E;CF>9DFJ=IC@8G=BC6GFGLA39<7=;<CI?;DD==<7GCBBE:9ECDG;C>;?DC6?EHB@=:::KBCCCAI@NE?>27B78<>E@A94B>A8=>CEB>8@C=FBF<E?BG<;>C=@A>K@>CC8EE8E><EB>C>@>B;@GLNF?=:GC@0?=G=A><EGJEB9LH:BFEC9@D=KF=CGGECRGSF_@=9D?AOI=FAB;JIBBNO96EPCC=EEDEHKK?II[B<HD@JG=@KDs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a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g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fTJO:EFDCNNTXL>HOH[HN?JFJKOJ<DNQTWOA8DLKG>@@@EN1EK@PB=MDQUEPMH@<PLN??D@x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`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dRDEACFIMQAH>PFWBDJEESQ@AIDVBLGLGHILGIPND@IPD:GGHITAHKH2BFSHCQBBOGKHGGUV8GCFPBDFIMKPIKKECMDDFD59?<8GBBICADNADP=HAHMDJI>FHLWTD;@N4EBRKFIPNHJGE=EKB?E9DD:<>DLFBEEWOAML;6:F4ABHFQHDJI>LMNEH>KG=PCG@HHFQN\@>DAC?F@HETCLRIBI8<;EKIH?MIH?84EC>CB>CGQC2M8FU=D<C>83CC?EKD@:B:DB:C<ICBHJB:@KB1@<9DEALA@AEC?t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g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`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aM>MABGFPYFN,CE@EOMH?NK`IGEKQPDJa7NO@UVLEEFOA@OGH?JBA>@B;=CIDFDESL]T?KGFMCFIECFFBMYBHLOHERPMLRAK=GMSBDJE?2@@B=1B:@A8=OIJVGA2CQR<(6PRCJEN^:C.KLTNDCH:CJAEF=GECCDLMLDSGNEFFF>LNHID\I=KK6T\OCJMHLPKQEA@YKCMPKI9P<9QABM<NMHB>GCIMB=B=QMP1?CEH3ABL9PA?JFRZGHTUGON=EH4B@;:CO?B=IEDFIEJ6G8FF2D>@BL?>=@=DFAK@7B9;=IC<A4B?D==BMC@H:HD:A?><IFDI8A8C>C?5JAB@H>CDCBLC6D=@?5?GG8<G85C6K:GB+>9JB3;DEAABF@>CA@>=93AC=?B=<J.=BDIB?=@B:J@<KA>AAA@DB>6D?A9PEIB@C@;E=>C4EAEDH*?G<=7:>B<AE=>CAA:>7EN:;/465F=4<3?B8C:;9B@<@;9A@D>A;<?;C>?DF@C>@6BA>>E;DFG5=9ABK5@M@@F>H>8F@@=BC:>=?@><A6AD=D?FF=:D99:7:AH<?<G@<0>L=>@AA6G?;8HAKF;2.F>>?BE>F<=;B;BA80@D7>>EB8>D>?=<8:<0B:B<?>?F=6;=>F68=<B5@AF>>ADBD> DCC@EEE?B>B5<;DAA=C7@9<CHA<<AD@@F@A@3F?CDG>:??<>BB6G<FA>;7<B2:=;=@0D8DB<:DI?FDGAB@F3?>BH;B?<?D/C=3AF6A@><F9;H,/8BE44B1:>@3?=E=D:=;C>:AB:>F:<70B?8CFF?:EC?>?B>7@><:<EFB=@:4=?B<B9<=FED8G?7;>BC=GK<>A3C@J>@ED3;C3C:798:E;>>>AF?@8@AC94@+:1969!F<<@D8=DB;>@:AD==E@/<BG99ACBHB=8@C=24@:?5A@A:>;:A9??;6?9C35C?0D7AD:;E8HC=8A2B@@FCE;8F6I9;C7>P9@<?99>5;?I0A9:<A<9?C@:CB>CB?@=<B9C5;>77@<:2CB2H><@6A:6=E=AH2@2>I?A9@<H>9=;AB:5?BA;?;BB9A8C=73?@C42;/@<6?7BCC:2?72;A?;29A>?<>@@A?DG:=?AA@;:<8C8@E<9,AA>B@=E8@;@D73@>3AB9F@:A>AA.9:D;?@>F=<?@<59<=A997<9F:GD<9H5D:5;CFGCD9=>C:EH9FA@AFC>B;>C>>EA019D8:AC@E7J@C:=:@E?N88C@9CB?I;;D8@ICF8?I@DECEFF@HE=IDF?=BH@=?D@2F9CAD>B?>E>FBF>DAEDA4AADAC>BI9<KB8?=9>?I=IE;B>H;H>GADEL<C;;EDCAE?@@BDDCC>;8G?DGB<EAIFDE76<HBAB;=?;>H?@A>CGD7@>AAH@EAAC;@?>6A6CHB8@=<=?@J;FB956-?I:69=66=E4HHHBEB=<7AEB?63<BJBBE@F6;D>F??CC:GDFEF;HOF68?E@KG7;BH>LBBCFG-O=@:>@?JHC6AIAD?AE@AVM9NCCHH@LPALEKLB;<<VEIO@K=HAI>H>CIGEL@<NJIATDU<T]QDLH@FGDEH@8/IDT>LILPLU<RNI>KCJM>8YEUMT=GF?ISNEO?DALAMLP?OEGLC?G;BICDDB?@<>OK?FBWTAGAP5=LPNE<PDL:OAIBJ2SDISPLS2?;NGIU?GBZ9J?AKe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aUIEAB?JKKOX`SCXHKDKjGGOg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a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d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bNDDCELH@JDF::?D7I<7;8A95H;D5CB8FTDLRR?ILDP>DG;?NK;B?HI;;6ADGTHJMFEG5H<B>D7H?M>OIDABPAOIAA8NaGI[B>=NMF8G:7QLNFTGHHJ<D9ML.CBT46DFEDD1D>QN-ELCM94H7;<LCRJ<:5=UQ<<JIGB@AILCGL;@DQ9A?J.<L?G82<B?3LE@6D@B3?3CG??UQ==3@ADG=;9=*;2G?=G@>@<OBD;-@D<1C3HA:F;GH>DB@A3?9@KD3IA>H6CBHFHAHEEJ:8?@??===H8;?DF>BB3:CC9>C@ACA4@<?F7C>B2I9@97IABE?16F:3>>73LE5)A:G<'=>C;5@866B968AC84>49<<58<+<8=6CC9E=6C7$;6;<:?2I?8>=EL=?:649=8?>;@CEADC8?C=<C9@DEBHCE/D0B>8<@8G/:AB<7?B3A:;C;;B;2BBBF69I=@<?==D=B8;;BD/@<98><==C<>9B91+A1@4<<BF98387<<@6>?B5><C/A;E2;JD4?K/?@:=<>A4A>?A<<AC>8>B-?<3:G;A0;B0-9G=3@?EE92:E,=5B@@B:==?:3A5A=7???>8<>7480#;?B4<1:1<:9BC<1@29::B7896A=H7C9;A<@.AA>,8A<:?CA<A>=DAB:>5C->1=95>=.0D=C6:E</@B6=@>A>A>??@9+B/9$?:;C?B=G6?38AE38C9<C>EAB7:==,2./:@;.97698,A?2B1:>EBAHD9:=::G66C<<@;GB3854;0>4D-DA-F8@=G=<::>>?G;DB@+:?A>F@8>DDD;C?A?AE3>:;=@>88CC;AFEM>A@:@F35=?D8F>=D81@HBEA:BH<D@CCE39@J;98CA=B0AE@?:75:<CBFJ7@7=@=?=B;C9;):C:4B8E46;.C9D;=>;9/B=AC>EA>;=@=>C;:67?06=K94?8;5?;=<?H;C=;@?<9B7@8:?@<8<;?85>:=H:C;D=@<D=>?$<D6B9=B8@FHAB9@@7?;>;?FB::CBC9EC@F=@?&9?4@.<A6<>BAB;G;AB;J?CDE=>.8@;B@9I@8;I4>:=G=6?19K=>@88@94AB=A63B<A>FAB;<9;A:A;>987>=CDCKJ>C5K>AA>>9C?9?C9BAA4,23=AB2;D><>:?3?:7<BDB?7I@?:=>KE=?3DJD88@>:?D5C@MD=8?<7E=DAFL?5DFB:@GEC;EIA:C:9CAF??8NB5J=3D:C;9GAB5G@DB;I67@DJDC6ABF9EL=HABHD9>B;;D7:FJA6@G6?BDJCAN748<=DG/H>FF>BCDC?5A;>C:BE?JLEFB@D@6I?F@@C;A@E;?:A@9EFH?CGJD@?KAA=@5CHGDDB;FAFD;==@@BLEFCBA?6CNOI>FDGIDD;HHE=:REDHJ=G;<;ACEPMB>9VMIJ=L=?DNOH9G?;FDFE?O:ERSFN5BA:D9HEH;EGPVNDPPBEFA@=9PKEE<[IDFJKJQC5\KB>E@:LKND8GPEEMIOS6DBB@HHHGHGFQFFUHUEN<HPFOIJM@OTLSLMKJARFVAJFBHICD@7A;E.3?=:JKHGDDHEJM6:?BPT3;G<HMB?89MHC;DIKKDQCGGS>HB9@LGA@>F>G7FLJ:EAIABFAAD?RDFB@FH9VCHJKCHHB?ABFDRD<BHDHMMOS>d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g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aCBB9IGPPWFFIBR5OMRHAKK>NGJ=OWBSTMELN;RW@OEIPLEEUQJQXBQ7DACE>=<<9@PB6HDJG?=JICF=JMMD?DFAUAB2KZ=UDASAH?HM:GS<JVKHVY2?39HJIH?@GN>M.@;;RG?GBC@IBZEPBS=;SD3\B7?NDDC@D<BEDJ@??ICGBC;D?L@BA:?FGOIGFCBHA@MJGQDu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dQH8C4HHDNFFCJICXB;JDGDV?=EFN=OLGFPK>CaIFUIG@I?:[MHPF?V?LRQHGFDXAL@KJFKL>OTPLMTFNP?O]HOPVFCG9FKFDD>TJHE@ZJGB@=8@>BO>MCIRKFP@;;MDFAJLEBJKDL<RON<NWYEA9SEFBRPVP\F???7LLRUBKGKBGZFFD=@C@RCKPEWH>NIMGJV?LBH4b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dbc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p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cnnbX`^KBA>GCBEC@;?::?@C;AB<?9E?A>:<EAB9I7;?IEC:6D@>@9CB@?;8<D<9:@E>=9@@2FBI:;;9>BH5<-1?<<AA>A<8>>C7@9?;A:=E@F=HAB?>?:5DEH,?<?;KF;:6>AD?7A;B7;E8;0?@D>=D<6?=9<FBFA=B>I;FA37A<7A=G@IF4@B2BAFIN<;A??CI=CGCE7?BBF:C:BB?<>;A8AFC-=?F;K=<:B-AC<DID=@<ABIGBH4IC=7B>3AB;>F:F9C0J6B@B?@E8A;@H@@?F6:GIJA=?B6BD9K6B>@?:?;=AA@>O@HBACED==J>CEEA6AI?NAVF<E7:C@AA<NS;<@@K?KH?CEI?FG;G;KF?FJIE=D.BO@OD>9EG;IFCKIC?HJMFMRBL>:LF@F:D=LFLa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rly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m@A>=EWRR9\ev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{nvq€ljIC:8<5C?AI>C/B>>==7A527BA:5BHB<AF22>3H8>D64D=??>BCBH7=5<-C?<AF488C.0;7<@2B7KEC7==>0AB2BA>6B5?>E:D67AA5A?2I<H8A<=CEC9:>D8N7F8?DDDDC6CBDA>GDG8?>AA@HI?D<DCGB@CN>C@ECB@=GDF>F1IB=GEBDJ@?CC@??CCDCB<>>AL7H>KEB;B@>@?9@@@LKLDAA@CJD?IC:CIE?>J@@ADGA<ADBCC=C>CJAGC<IEI5BGFB8CAICD>;CB@JE16?BAD88KBEFKIE9<DMIHCAD@@3=ABD@DC>B=CBG@?G/;BA=?GJ;?5;G:CFJAD=BFOJFDH?MEBCCIGH@C;EKCAN<>@MAFERBB@LDBICHPADWA@JAQJHTMBEHLEEDUMRMCBETM<FDB?DIBDRCL4@E>N:Q=@@MhOGKOGA?HWRCMGKKMPZNIGC>D[HdRCMGMIIBCJNJNLPKMH8D>>GFB>CL98PIIHUL>K:@>0@>(CB?C;?;ADDCJCGH>>AI<AKGTG5OMN;>.;8JZABLS?GO>6C9IMJCHDGQQPNK=T;BDZA8GNA?D=]DN<<ECII?CAM99IQ8@CBEFGHJUV“˜§m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ieoy`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¿ÿÿ¢cNQ>IBJ5;>::LB;LNLEB4B>KMR:DF???JCB<;9=98>PEGCBDCIHF<A76=AGCEDF(=>?DBCHH<?6@KFD@GAEO?E@@C4CE>1EE?;>:B>:289:EEL=,>AHLG@BCAD1CDAD@04>E<<A>3B;FGCGIFB?;DFE2EAI>DC@>;F;I@=<2AA=D//63@D>9?@8@>G9FFC>61FEDC<EHJFB@K-B>I=7<1B=<?35@58?>AH>@FE;@FH-C:9DEE<.;@AACI25@5@,C4?>D=DD7>4:0=1G@5:+889CHA>I;?FA6AF4J,4<;=B>BE<<B;>I<06FA>BF3C1=C=3;@@=<;C7;A?C7=E;<=3B@;C87@CC89B=?BEC87A7B+7B&B;;:=>B;@@819'>99=??C;:2?5A>K?AA)C>?><A=?=;9??=:D<B78;>C@G7??0?A:@;9A=B:DEG:C?<@9@A<>B?7B<2=@=K@@:?=H@C;?=;A847CN?K@H;??@D9BA6;B?:C4A>8><H6;:CDH><=92D=@A=EB<>;=>@2LB2;;C<6@>9>859D93:>?:9:>E6A<CE;B4;@;=@C;1:A?<4@@2=882)5BEB19E>=?C8>B:5<=@@<A?,<;7C7:9:C1B9KBO9=803=E7<>8?,;>,FC@8:D;?6A=2B:E5;565;G:H?264<<BBA?J;JABC?F@BEH=B@AC=CHBC8@?<BB@499<8AG@DA@G;D?,@?@>B2G72D(B6FC24>F=E:@@>58>??<B>I5=C<5>=6H;H0AB=?A??,B=8C@6;<3:@<2CC=D=GCB>CC<</@=A9A7<;;A>9AEFDD@=:@?CA4F6AFC78;A>5CB=;?>@:BG??F<:@>EBAE>6F@:CA7L@;:8<@=59<@BB:>=FHC>@>H7=<@B:8><?6G@@ADE7;988?><75=:FHJCIJ\PQDD:?:5HDE=>=AA@=63@>9>>3?A9=:8DAA@@6E:-B:9E:DH8<>8?7A;@:=F6185I<CC;:4>;8BF7@45>60=6A=;8B==4FC=BI7?>C>:A>?E6;>7C(DBA/>;D<:7E?D8D>6G<A;A@7E@>?D9?G9A:D=BA6@@?=H<@BK9?B9996AI:C9@HA;=DC->D>D>E15=>4FAACE?BB1>CHO6:G7><:@C?<G<CAECE>BGF99@=C7OD@D:BB@0KC;:F6@AAD9>J;89GEAA<=FDA8>M@M>@MB6?5A?D@><:KRB17EF6C<EB<EA?@CM@AAEBBA>BFDG?C?OIF5F@?JMB><HEVNGHKE8@?G9CJFJOB?CA<6<BK==;HM:BK:HFAHE9:KBBOBKFIBFCIDF7:RPV@MUODNELQLI>SNR9:CS8CFDEQHHLMIEG>D=CACGPLFHEFNTJGM;ILUECDGHJDYA=H.FFVH><BEXcCNT>FHNKHAFAL>GMHSJJLHRIE@OCD@5<<9@NQFJ=ONLHRADCHLTGFGPEGHINDMD7C:TE8QVXFF>/MR>=RQ=LQ:FCGMYKEFFV\^6L;L;GDUCH>Ka3BM?IDELHOONPFP>JGH@ABJ^áÿÿÅ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gLNXKGPTEDIEBAIHTKHCE>\BHBPGSMAEPXHBQRBCAHJBDKKGH?DJNHJA=F>;7??8@F?DAE?SXAGJ]R=KENACLFAHLADRN?CGEMG@:8EH<9L;LJD@=Q?@KRBGIGC?@AIYP@APEMFNJKLHOK>G8QC:FICNASU@OSI<<BF@Q—ÿôŠd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jOGCALBP<=IMGDFGB>KJKHJLLQFKLNAAKUDBLKNUGNE;M?@GCIEQFNB0?B7788;?BFDHKAFAG?IJ<RGALHNAQHNHGJLU@@FS>@?>KJA@O?G>@KKHJC@?GD:A@LOAAMKAIARUAOILII;E>LJ?D4MMG7?FKIDFDOJA<R‡ðàŽeFDJ;E>FEA4DGAA?OP5;=H:<E>HI=HF[=E>J>E1D<46;KDIC:>:A1I=>C9<5?F;BJ>9K;.6>3:+?;CF<DC@D/=B7:==D98E<8F?32<KC</36E:71=<C>+CM=?0D=?B:=D5BC=8A@8<=:==JF;2EC<:IA/B=;=A@H<??:CFCJA7:FFA5A9;?BB7B=D=GE>>?7;>5@DCB=?FA7D@AGJ>5>+34C:C7D<B>D==8H(:;>?;;C5<?B=8@796:3A?2>KH8<E??<>:8F5<;?K1C>,793FHC?=BE?9CC@B=8C>2E7JD@3C73=@@B7?=:?=<<N6K=>=:@:57?0><>84B;AC61H=ID8==G=8,1C?B>?<=5D:GAA>A=2<A=@0/96><9?;8>7B?/EB=:=@E<=@E<@;66>79@A=A974C@B=31B@*8I?D?B7<@8@8:;6=<-0B=8A?A8A<G7<<8C,;7D=1A,?>B@:,=>D;B<C@>D@;C69>>FE=>29DD.?CCC>:41:>4:?E7;A3E0<C:<>C5BB:;:@;?;?7A0@=DCG0G==@B?<C?I;B?>B;;@>D?<<49C><FG?;?9<;C;@A;5;->;D>9=:>1:0E=3><EDF46?E<98:BB<A7B?9E;IAB=A@8D%>?AC8E@<G<?::<:AA;6=4?A=5FC5BLA59@E@8JJ7H<7@BD?9B8F@9FB?A;6>>=DA76E=A?B/>74@B<-37D4G:A8?=@@66;;:KCI?>@6@?EAAA90;=;=5C?BA<?@@>@:6>FD>AFFD?A=AD5=4?44CAG1=C.F>:L>@/4DA?>??@=DA<C:F?E3B8F;FE8<<AA;9A<@?A8BFJA=@?BE@:9@DDCF@@:?B=.AA?=<B3?CH;D83D;4?A>?@AGC7BD?FE7:87A>J:ED?<?3?>A:>9@JF04>AD<<I8MG1AGIDCADA<<>CB7GF?AG@?;3@3F@NA77CCBI56A@;AA7A:A9>8<=8C@>+BA@:;7G=E:93@:33996A<;J=D:DC5=>E9=I@;>;D==2C@9>FC=C<,-=IVRn?<><CHE88?BHDA;E'BABDB?<@86G@@?C-;BI/F>>8=988HC99F@C>,;GIIE>H@:BGH5BCJ@DBA05?GMA4C=B95:A;CDD:>B;A4M+?>J:=BH<===G?:J?@?2B6A;3<:8GHJF:1E@9C8F:>>>E@J5?>E;@DC><9:CDCBKOBE?HQKHC78=>DB)BBF>EEA9>BED@FC<I?9?FB6<H?@;B<EDADHHGCGELXCBDB:>A;JCCLE:G?;I?FL><D??7QVAKGB:<8:PJ>C@?=NA@GB?CGCHGBM=D=GIJKBFGPHDMTBJDBEQ>SECKWMSIFFFH8GHKIIDD@EBHIEJUALQ<THQEAEEJTNLEJK;J6@HLGCDSA5HSLQOBAD3@Y:BPLQVLDVEFCPPHVFG?XC4>9.<6><<AAL1IQGBMQODDFEG;4MMYTDG_RIBM;PHKMGBE81@J=;G<BDKN@?>IB?EE8@?SRNA<<@;HP4KDM7@EGLNA/P@G2E;NAHYLM:E'P]žÅa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m�œ�kLA<16GC@C?ACCF><;B5GA>AB3D8AF899@8IA;3:<@>?J?>;7D9@>5=A<68:@K9CFBDI<8=:EDE-AE?BE:71CB?FA@5DSGD?C-L@GD=JFLAB<=B;H;AA@>H<@>BCB?9?3:LCKEB;LAA5>=8DA>E:CBEHFC9H>J?<=CFI8G8HADCB>2C7@=75:IC;?3>6FE;9C<=HBD@7A@G68=BFAMC<<@;9CBJ?FI>DaJ5=KDC@D?;==GBBLIBGTKGE@CEH;LL:;DGLBEKBL<828B>&FD@BJVRIGDBAEM4DRLB8JLKOPKIEEFJA@C@EMC@@-:AONJLQJAE@FGOLF:KFCKB;IFANB.<KMQAJBTKHHJB@9D,EDCLGUNMINFB?HTHJJO?D;JTRN<HNIN7@>?D7E>><JKJHSHTJKPAEHL>>GKKSROI9P6EH76AM[D@4?NANOA7@MmNLSILOQFESNLKAW?H>CE=ACBBBEICBIFIE=F?MZT>:@I@LEDBPIi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gyÇÿÿà¬~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„©ÿÿÿÿú¥m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xÖðÿÿÿÿØ—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�Àÿÿòÿ©vH>G?BA>3BD<BC@8G7C<;?@;BDJE5;>E?;?>EF?<EC@?G>9D@L96@C?>GA<G?A@?<GGFDB59=?@F6GIQH6EGB?:G>F=?A@>C=>G:FC;:9FDBDAKAC;=EB7DGAH?EAA=A=FDKD7=>BAJ@?E9?B?4;AIA5>DD=5J9J>>4???DCEB69A3CB;@<QA>?9K>8CP=B?C4GFGFJ8@HC>=<?=5?EI@<3?C>EH6?B;=B:AEEIEA<<BCE>5KA2JHF7NGCBA;ICUPIEE=RFOJI@G=@FD<GB@PFGIH=EA>HIELSPPTPC@HMN;KJNDJFHA:HNLNSNSLBEN>FSGHKGABARFNB??RJ>EJI?C>G;CMI:O:KKPAIF?;>ERKJ7CEKT>A:M@JDEK?XMDQSECE?A5;<4LF;<MMPMRG?3UO=U`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kŽ¯´¡|GC5I:>>@C@AA>;:;MD2@=CIE>;I>86@<@B@:@>A8@A=?BEA=D>C@;3>;7E@B8@OI@?:ECAOE:=>CI?OJT4?HA;9CA:G=@B>@JEIKD4HF8FB?/<==<C@;>@<?EB>?<>G7;E"@B0FACC9B<HC>===1;AD:G6FC@0@?===7@?A>H<>C9@A;:H>=68;B=<EN=>D;6DEHFGd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j�kP49J=<>AB8<@F78<<E<.><9<9B?8BA?D7F6G<A?@B75<>EE>5EC:9@>C9A3DA?B<<?H>7>HG;;CHEKa„Êš\m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gÿÿÿÿµ`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ëÿÿÿÿÿ½M<:J4A@A8=A9AC8OG86D3FQ@@;CBE;9G4K;EK>EB<=FE<B;F1FIAN=>@1>DA@KS<@5EIK=66DA;>EE>C9=;:;BBAEB?E>FG>DI4=?>@;AB=4?KFE=?<EB8JE?B@CI92IB?:==DF5;9>?G<>GGGHH;6?E@?E,B/@G?DECB8>AE@CAE:=K>@?RRP>BLEAAFDMIA5EDHN@;FDJ@OIBI><F;AOI<DFXFKF>H=9C8IDHKPA9V2<GDQLUEF:APB>ONEMC<8C?M@CLQ?:0OLG:OA:CDHFH<EE>K6L7JQKCGR8E=GEJLKFNVCAAG??7GK6HG@QLAVPSXIB;FN@;?=@MHEVU?MPDI]GO?LBOMRN=FIE;CKHMK44K?IGBNOJ4?AQ]Q@QGGEOB]BB?TNIFA;ADe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iÿÿÿÿÿÿÿ‚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¯ÿÿÿÿÿüvELFFEBCE?;CA>@@<<E@@64;@@@F@?<?GLHACACJC9Q?DDA:AG/C7:BIB=E@ADDPBDD@:D@98DC9>7@GE9CG@:DDE@=:BA=CC79GFGA?C?EJ>>>E:?<=?BB6AA;6?BVSDA8@FE?>3@@B@@=CDGI?=;J48@0J=?GA88:G?LHHJGJCJD=>ODCAJD7F:?BRGBBAONFJMHDNEBDBE@BJTPGHAQBFEMHBIBMFN^J>D<B9HJ=HTF4XZJB>B<CKNEJPE8FNT<?HHHKIP@NJDRCCG\@H@@CW?DQRDBPUMICHG>ZO?KIMCABD9O?@>?4NDBCCCS?M:GQ=6F6BG:DEB9I?NMKFCJ@7AYEANJ8>C:K/-D=PERJJ5JG?LQdHFC3D=K=F]b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£ÿÿÿÿlIG=9?DG>5BBEB@?IFG9@:D?CDHI@DAI>NCC:>JE6;BJ831DD8?D8ABCC8@IC=BD<<A5?HCK6?>C@><ID;>=@EA<LG9B=IH6?<GB:C>@>L/C=?BKJC?B34FBA@CC7F3BA?GAEDK=;AE;AHDI189@D?@K=FIE;EDBG=<;FDE>FPRE=I@;OD=>PBM@PFC9?KBH?LN@NKJ7FJ>GZBD:PMULa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›Ð cD@?BF?5?@<J7;CEE4BDJ?5=C5>BECDKO?<>@9@7G=@;B<G77A9HF;J?C55H?DALT@C87K3DGCDGA>GAL<=@B@HG@CA=9>PA<BI;FC4DEF;<???BBD:?CL=>G:<FGGB:GJF?;E8@C=9?FB4G@FF4EPCLGQCBA><HHG?6@FJJRJ;688>JOCCHGAKLKK@9EGGLNGJQ@IEIGE=@CeQAU;VD9H5HM=DN:?/CY5BGMDEFbMMB:EEFLEDD/<NACI/DMQNHBGQOKKIC>DHEJDGBGMJ>RR=JORUAZG:F7RM;OEI8>GFLE<@FCE31D?=C)@;?KBBG<l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aesN:HCNAHGBBB9HDC>C9<?N=N=H;D=CBA==:4@=ECI2=DBG4F?>76G;=I3EH2CKDD9F?C=DDED;F?JE=.3@AA?G>MF<@=4J>GH>A;8;?7D8KO:?;>7D65<AC?JK>@?DE>A?N<E=3KED@=@E?CBC=@DC<=CIGD??DICHDD??A?LWKA;?HGFGJD9G7KG9@MC??F>H<6@NGJD?CCJDNIJJ?SL>C@3<;>KCB?EJIKNDNGXIJANB:?G81CCOHZ@A8PWMOMHCEPDO?MIESA5OHL@F?PFBJF.SNMDSSDPB92FCEDJA>MBX>B-4EF7=25E<F:J8?SB@KADH?6DC<IV@R6ONI@HAMEDAAALNAD?AF@1RJ2@LBC>GGM,EKEI:IDGKVLIEGJO@HILC:9>=O?B?0CV@J=FO<<DDII?RH?>BMMCH=D:R9D;F@EGBBA;FNABHCEJM?=EOKI?QOKGJLJBA7B3L*AK@EP@N>LAFB:;EB(GMA@G<9:5AG:B@??CO@F2MAF?.<67F8HBAD7-;A:3HBI@98DEH<EBC>@DB5E=D:CB=+@:@>7BB@<AD9=C6?B;>3B>C?@::?F;A=5FJ-;:;D>A>H?@>:<=,1:3;>92.CA0AC=5>:<>@CFBE4<><A<B@?4?.728;BAB>LEB@H89D=B3C<BG?=BIF7<<:@>=<3>9>BH9:K2<;37:2:B;@>BC>:>D?@>64C?B@.2??54<H3A=?:69@A<AGFLD:A?6>BC27@CBFD?DK;AL==<?BDHD6ED6>@B06CB>5=>9;<8@>5?DC8>4=7C0<BAFAE/@?6>F=P497EA449G@C=@?9?@<==?B;C:BA@;<>A?GLB:=>E+59;:>5D<;0CD>E3@@.>F49DBC=>@8;M0B=7?==A2B<?G@,CDA:A:1:6B?=FA@F9C=9C>=??B;@D<B;HG?B>@<=8<G8:<76=>:;8C2J;><<<@=E6CAA??G6EBF::,C@<DBB>>@?3C>9A@D8=AJ7DD><C<@J6C<>>@:D8);AAC?2(AAC@?B/?>JBG@8FC?>92DA@/A8;&>7<@8?BEJ@<9><<?C.4:1,GI87:4=C9?=DG@,46H3G@<C;DD0;8:GC;B3C/=7;<>7A6:A<E<E=5@4;;DCCD?8:0B@>@=;9KBA5:A8<<C>>B58?E<BA>C8C@@BIABI>=<7@=63-7@4<@<=A?95?7B4@<>D?CD?,:?3A84A>3A;6C=C==>449BB>B=B=N=B=EB>@B=<>06?@B8G>H<93;-9>8?:8?FB?==@<EB3=;A2@@37F=<;3DF7A@A@C>=C8=A@;:C@;A@>BE>GGBPD<@?A1@?<HDJE>E?DE?@D5/C6=A4>A<3@H5K:A@<AFEB@A:>C@DB>9BB::;?>DB:2>?@B:AAC@B>;:?A7=@5>:9AI:7?A+CICG=;BBHGAJ<==>@=E<@GA@@1?B?8>D=>8?EB@>FBNDAFAH@@@A7C=:?9>7@7LADGI>CH?ADA;>@8=<A7?>7>GFCF:98=62@CFB:GA=B<E>C99BF>DDD@DCFIPMLFFKCCBCEHD>=C?B?G?4KG@?D;B??FE??<8>7DDBDC=7EB;E@@>=<@C::>4<@ANCAJ@DF@?A=HG7BA-BB>0BCCD?BDIBE?8BF?:DD1C:LFGD=HED<B@A6QFAB=@;F=@:<<J?HIL8HB@AIA=D6I4JHA@PHLHKE=NAI8H@F4N>HCFONIGAAAFMA7EWG8AQGCa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|HDCFDFRAE@KAHDCTFFGL^NVJ=QFLEID@KFMYPLH<IJFE@IGa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`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j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i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c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b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`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`GKBT>OEB`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`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a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f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dPP?DFJJEXPGDHPOF1AAJGP:F>DDDCK=JOQP[OKMHPH@GEH=N=A9IGP>AK3GC:@IIHFHJ>@1?BI9@B>;66><;7><B;96A@=6:A82?2B>@?A?7B6BECD>EE:=0JHI>MH>9AM=EGOB?KbNTKMFSO:ANCLODYMMWUDF@NM6AE<GSMH@CIE@MF7FVRJKFDEDPIFIOCG@7N>CBLRNB?K=;Q?BRFS:FAN@DJ?:@N>HHF>4J@@BF8BC:1BQKPA9@8@BJFAHFD9BF?=I=?:M:JE6LD>BC@PB7H@A?P=BCD:KEIEK;A8-3AG@F>D74F3>DC?<A:BECB>B;DDJF<;>AF?HF0;@IA78?<E9=D<.96:HG<A=?A@:>C2IC8:=4=0D<*,:@980ED>JI=:EE;2?GIFBGB>?;=D;@6@@B>ED@6>@G;;?::H<?8?9LC?2<0@=A1@<@C<?B=L?<<?ECA=A?:G@;GB>=>D6%@IE>:D>;EACNB:<>A:9;KJ81?7<>C7C5=BHFIE8F9I9EE4HA@E@9HEABG69>A=C=A??E=8<>D>CD;07A;><>:C??8E@:;BG5>C@=:B<9@F?4AEDCH8<@AAC<1:FEFA:?=A=2;@?668B>=C-G:;>6?)B>0L@:D=?D@B6BB<:=;>@?;@@AD@=<97;A@:B<6D4AA@@5;.085;D?DB8;=D;@9:;;+@2:298=3=J/=@?9?@3<A9=;<D<?+:<4:?96B@0<?.D@7<7:E?.C?=>DF>>D:>A;<<>7BBAEHIC5;4;:GD2@79&<7<=:G(@@@995;D<B>>@9&@39D;A;6:D?>5>B8A><CE/=0;F90@>8CC<C@B9@=D<B:>?BF@?>C?D>C27D8C:F4?H::>;<42DA;;<4A;B@?@:>;>=D@A(DD*<31B:<9=:4>AHL8A6?C2>C>;;8?:><<=<@BAD0<H>8=9??:B8>9?EC>,9I=>=B?A=>2/>@E;=>9H?:A8H.5==DAE>0=:H;3>DCFD?64B?F?>F@C5>@@@??@A7@8BDC7;5<BAAK9GDE?1AB<?79A:6=C>5>>?>F><8?J@5?>>=E@@B<=7:9;8D<EA>@;?@FF;6I7;I@?><G7=?<D@>;B>?@BB<<9LE?9:=(E>9>@3C0G:=HED>GEA@>2C05C?<??=6=EC;7&->CABEA:89/<:7C>@ND@;:=;4D>4D@:>?CC3D=CB?:BA6>=?EG90;C5>,:A9<BG62B4C=D<>E?<=>KB@AB;79HDHLHD(==5=@AI,EDG9>:AHABA<BA5=D?'A4FA.DE=3I3>B;>?B:<E><=>;A>>=JC@9<CD<A9AB4@>DD?>/CHB=A8.5?@8=BAA?>8EG=FF<B;BD@888BB8<DC=>D44:F7BC:?D=F>7?I4>SF9=8AGC>CA>@@5CJD>6B7><BGNFA@:==FA<G6E=C>HBAJJ=@@=>DCEAED@E@:<=H9?FF9AF?<@DEFCBB9GBEG9=@NB>BE=AEBA5FHDA=JEG9?=GPGP5BEEFD>ECS=<@I<>R?D@YCWG>:CJ<JGH<?SHKSIPAKFEC^BHBEUKGSA7C9LL>DLEGAIBIDC7MPNBOGOP7BIRK@MEQBC><?LN:N?;FM=NE:=?2=@;@01?8C;9@?@=5F877@7=?>><>E=<=?<:=EFDAABEAA6DE<KDBKMS:4=QPAa88LAOEMAARLGZHLHEPODIHMOD?DE4Z0?BDA?;I<U<JGBQRGIEA:?IARHESIHHL@DZNFXB?LCACOHFHNB:@IEEMERA@J?GSOA9RKIICN?B:F<A@H<EJMK=PG>TAAEK6@@EGIC>CKEI?>B=HBNEB?KCG:88CKIC=A:?F>1=;=EIA46DF@=ABAH;G/N@B?C0C6?ICB8MK?ADFB?<<AD>9=G=7@ACD>8?-<>?>FKB:<8I8C=B9454?B;CHNC?==<>AA?<G?;?H:=F>@C8D;@?CI@?<2@GJ>4BDGFD<<8?A@7B174;=@J09<BBBCB?;5><:?@C<;<:7<;:7?84=DJ1:7C@.;=;ADC:8>=G:?<DLA;BA>8???BB<37=>=@<5FA6D?>?9A6=2:@7?EAG<4E=B8=A>?C>=C9DA2K;<;=@6A???FA@?LCEFD7>=<?5D8BCBD9A?JF:A=;B4?895==?A7:8:A?@?89<?A9=D@;CA9<CB9989@?@CBB=EG@:?=>=43>D8=F=>DD?8@9?;=BF?1=<DD2<A896;<A66<1:?:=;@7@><HC@6I;C4@E8/D<D?<B?B8@>A>5>>,>=;C<4<B63HB==C86=<0<BJ@?C@/=,<7G3D;89/A<@E8>BB44AB7><>?AAC;C76C>:;D2AF:<>EA5>:;;9E?@@<?AD>D?=6F9:B4BAI=B<+8L:<7';A:257@;C=6B=7AC9<=/82;?=?8I<F?;6?B@F/4;;7D6A?CC@>?A97@/@=16;@:A=:>;4:DGF?>@H9A>@>B<=67;>B?>BD87-4=C=>=B@?<2B>4?,FD@? 62?:9;C.?8ABCDFC;9B7>:<;=2G=D;H7<@B6>>;ABE2256=9<>(>E>71B=@:A>?B/E=>A:.9<6E<0A>C:9@F<D@9HA;=*.?H89>:5<EE%9?@<E=A<3A29@:::=D:C(/GG<5AB7<>@@9G?6(<B?@C94@9A0.>8?@/>CFC=><83@BF>;:A:9C=9B7=7/D@A>A<9?@=F=>86?6<@H?;96B7>;?;?<>9A;EA5@?@=?=79;@?;9<@>3E:DFA8?D9>G0E1D<=796=>7.?@34:<AABA7:C<>7B<?8B'6D8<J=KCDH@A@@?@DC589CC==9?6=A:@:D=??F/BJ>@F?8@PM6373>8@A>5I=279:GC=I<??69BB<9C9DB?;B9A6=?:@=GEG?:I6A,;G;2@JK?9G=CA=?=IDC=6ECGFE?DD0>:>9E>B?@CK8:7K@9>@;6DGCBH?ANBC>;@;@EEC??<@J=MH72;@AEEDCILF>7:B=F31JJ8CL::?<ECL<6=BEADJ=FADII;;EGGN<DJGJAC>F@7>EHCB<;C>RIF?9R@IWI>I;I2?FACGKCDME:?>?IKC@CLDAFQEMCAC>MC;:KBTBBMKAQM5QRA:AD=GB1AEED<A@F=:OQFED?FNFE>DIMLWMD>F88GZGQ@GHBGDBADC92<<D9=>?;@>:*.,E>AC;C=<E>BG>9?>:CG?7GA12C8PED=FCB@@GJJN9JOIICQ?>FJ>HDK@FU>FNRNF@?CH>UeHKH?C\IYE<?>SCPPKKKDUDBIH8OODAIM@E[O;@ECCE@Dw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a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kU;LMJEDFJHBL@KHKX?7IGDJVBD?AKWHDQHDDE:=HOCIFUDD\A?=K<>BQDL@EAJ<B1@?BD<B=VALB?EF=8F5=4<7EC<EA74B9C:C:KDAC?@6;;2I@);??I?IJ>JFNEJDF4BNCFBGG/ENUMJ=KEEARMN>DP>=P`AGED[AKOLNM+AD?JK?F6KLCGB@LMIJ;FM]DPCGGRRLOMBDDJE=<9><KD=BFCRBJ9AP=HECF<@;9LLQ>*9>CB=K?IB:7@:H@IQ@CH&??=B4D=:M5BAC9SCGO<>8@/<E9N@FI?<D>FAAB@DAFD4F6<.?CCB6JJA?B:=?9CADG<;FA>IA@@C;>>BDG=A5FM5E?@B?>1.29.9EKJ?B89K<A=6C@CLH1>CB;>60BSCF5B;=;ID*,8A@LGC:0?5AB>9CB=G?/KF@;>DED6BDAHD8AE8?@<=E=I7E8G<>@A?9@>?:1:A??:BA8?<E1C<8B?C?2CDC5<A9;;<=E9)>3E==A@AO98?94A4;>@5>1>5@=G><:LAEJ@5H:B9<BC<7=>47)5;??(D@A?@4?B?<?;FCE;;<A.>?/A:F?6G?<9G:A:B;/;-/;=>7:A@8EE>A9B=E<AM;8=B5@C;<;A9>;;E<F<@.-=9?:=1?>EED<A@0"J@E9:>H>7AC<L?72>AE?C=<E5IA;<@?<9:AF;@A9A:?C=B:>3>CGAC:D<CGA?5;A<@9==BC@?<F5?><@7D4@;B52>:E=<3;K85@A<>43BAD>@DEAC<@>>;EDF>?<?:>02D?G=D><:ACA-2CC:@A>CIHDE>@<;?D>A?><8788C>9C;<;:A.>?B;2<>E;8:;@CBE<<G@9>@89?6%9?:?8:@55F(5>G=6=C2:C=='B?8G:;>EC<D@<:?E?<A>=C6#2C@E=B94=F8C<4:G=G99G>HG=364?C?C<B:;?8?1?DE>6@;73B=<E<?7:A@5>4@FE=BA>A=:;=@I4=AA<7?9G9;4::939<,A<A?A=G>941;>36;:9@@2)B0A=6D<CA=>>2:0?9:=DFDE;F:><9??@;=B-;?A94E<G=:97B386@@>GB<1<BB>>@5=8;?EAB<B=9<1B?;EC<@2><67=E9;<>?D2>7;?=9;A>5>9IEA?D6=14CI>98;<A;==::;=<A2>><7B>>H;<D>D<A=D788C7?::@BG?G8E=BG36>7:>/C<(C?<>;DFO>@2?85E==:7E.3<=@B=FF5A999O4DG?DA0@DD47ECAA:H1J<?<<A8?97EAAA@9.;CEC>JC7A>>B<@.?;1@@HB;9G7=G;@E;94CI;BAEC=A@D3;DHABCM@EG>.:A5A=4J:6C@AFC@A;DAN><B7=/?D@=D7;F@F8G77::?ID<9D5B@JFHB@5CA4BAB@A>86F7?E=3HFBIAB9GAH>F:-H759?M??D?DJFAC;B:@?@6CFI@EABBFAHB-G=?G=?6KD6BBDBGE>GH:GHIF@F9PKH<G79BCCHDEI5N<KBM>KEG64T9N1@?DDGAF>E:DF=BGBDV?IJOAIQBF<KA[IFMRACABG7@GLHFRGH?NH><WNSLHFGOUIGL<BEC=9[IEL2GEINCBMEI?J6MED79:G<8KGHFMB>6B=@;@?G;=B>CM9ECC2::C95?<;=6<6D8JG+A:=ELEI@B;BFE<UQDQMIEL@?<NI5UQKD=>;EO4@BC=IEBDXAFEFHFNFFFENDDDDLHNEE=I8KDJOR=9HEEAEIE9P5A?5FB?<D?=F8J9FYKDDFAALOQ:;DM=:?GL?I8CI>JKE@KL;>AF@=H<<E:A:7?FFG6@C>D9HG;LI==:G>H>@4LDJEUGGE?B<CO@@@8)D=9@>O:@FELIEB<H;C799<8@9H?I@AIEHIL.=;98AD89:B:C>75B<D9CHBBA.C28BES>>8?<1?7=>E-:=CACA>G@==H=F>EC@=C>=0B:K;E>B??<;AA>2@DAB;BAC>G?1;@C@?BKCI=B<B>:ICD=:@5DMDF?FD2?S3193?9:/D/5;@D-=BJ<AEC<>>K;E<F@A>:F?B1?C>F8A@CFCAL:@E9><77><9@DBE=F:D+8=BB?@G?A6CC@D7F8G?@4A6=@3;;>=?=H<@<BBB*><E@;.E3@=9F>=06DDF1B=D3@A=A;DB523/8E>>G<<>679A7>3<D;B>;G@=8:A?:>ADC@?AB649>EECAE=39;A?EBA<@BAEMC?A9N,B@6D8E8><<E41FE@=AG=?=:<>SC@F@9@AD:;;:=599;F?A66?D:@;<=>?<=<I@6C::87:?5./1D6;C;3?;@7C,DG@BCD:,9@:/G;B=K4>/>?6<9#D>8;:=E;>E>@DK>>/:H=4:D<<<;>2@>A?<9@9D:CKEC7;E>@:;;=B89?4>=>;:A<F>9-B<CA5<B?72?<0<4?BB2G=@=E=>9C@9=GB58GB7B@CCE;@3:5=>G@??1:9?-@>E>;F<>3:;==;E;FABA?A81<=A?;A;=<45DF:CIC8B(?A6:=@B6E:+A;?<F>;?><6@@>@7*=<E?;7<?CB@@0@?<A?;A9/<9:5BD3=>D1386@?B?<;<7AC?6,E<1@DA994?>2?FA=:G72;794>28=DD2?D1;6=@:>595C4A?<99LC:8=:A@>E?CBBF?@A@??9=<44<=9.>@BB?9<8I22H6<D=BH@<>@E9@A5J;7CA>?9B=9/<1=<C?6C@9==BAB>H:=2B=><(@A?A7E3;:3=B;F<A2<3GA@@@B;PC@>::I87C=94@C?;LC;>6C?A=<BE?<OD:<>E@=::8G4=G;J8?56G8>E<H<B9D3BB>E<51CC@>I@"ACA@@:==DB>@B:AB>R@>=BK;>AEBB06E@8=GPG@AA@9F>>=A>F9>F9HB<9B9?=;BHE=42;E@OCCJ?<8:99?AB44IU>>=:C<=:J5F714=@BWAJ>BK:8FG<;MAH:>?DEFDDAA>A@G@<>?2H@@/A>D8?BD=D7>B?DC;HC=FIFDN9DHKGD>F:>ABEDKK9AHEEHBD5>I<AC@AIE2DNABFMMACLIF>CTIJIOEEKM2CITDHQIBBURH6HILIKLD@=@ODAD9EF:RH?HUCKEDBKIQOEPGG>G;RJBJEBRGHR@L9CM5NDJ;H2CI_JRQWSOIM>J=@LGCG@EEFB>>HM??BBEI7EC6>=73-B4AD77@?;;??B?4?LB=A<?GLCDD>AACB8IPJEEO>N`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`F<\OC@F?C:EH>PQPG-FDDLQJ=<EN=L9L\W?DCB@=J>D9LHEB@K9BE9@L?HFJ8EFI=DMQLPK2<<M=S89C=5>5@G><@?LA73@F:D>B>F<9:I>;:A>AG<CD=:FN;?H?B<<FDM8Fy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cR>KFEJYE5QL@?MWROY<GTIJC=RRVLPMCKDJSF>OS8MPBG>BF<E@AH@>DTM[HE=LARBCIFQCABJMLM>KIUR@D=N>AO9LB<FNB9?9@AHG9;O@J78BC/F?7>\CB>J?F58G@8JID5BDP;?BA@9H@GH=:?JG7?E=G;8:.NEA9H<E<??G==>>>61:F>=@=>?C<;A5?=>@K>DFAFG3CIJ<<<@C.A?HID?=<?/;AA:E=CDFBA@:<G=>45CMFK>5@497?<8:NB@6;F?=8E3=@;;ACC<HBA4=;:88CCA8A9<9H>;C9I=;?AN>C;70>>9;JC=A;>B;;6EF;KK:EK:A=<,@D@:E=9>5>8<B@C;.,>G@D:B@B?>CD;;>IB:?4@GBC?C:<CA?4=9G4EEB<B>H5FMCA4<D:=?B@?B?C8=<>H@@A==:?>>?<>7@9B@85:B9;A79;@A5B@?@CBD9:>:2?;?A@CF@3.?;<B?>:?G?7BA>5/>CF=9?D7:@F8B6?EBE=AE9/9:B2<E4/A=F@@=D<H>0@BC;C<IB;:C@?:;A5@9@>F?A476C=CGK@EH8;>9E;3BECD;F<9?7BFE;A@>>8:@AA5C@H>7=;FB>8=:=;EDBC.J=9=?IH?3<E=@EAE=96<;/:4::C<=E:?KK.BE;C:E=ABDB/>D=<9@GD@A>B/:<63=;@>ACJ=@9IA@85E<BAA=89:?<>FA@>D>C:C;B8I56BF4E;B@>A;BA49A3KE3H9;B=D:=@<=D;A5JH=9=:@;.<4A9A;B4@?@D;IEBECACD5<AD@9;D@<=E:;9>D*:=?=@7?C8E<7:==2CF9B:FEAGA:F=F8=@6HF8@B>7:54:=:4@<:B=G>;/B>CG>AAAB@?<D9?A>@<AG@5F8?=G<;@<AFG@E:;?>:B;@@;=C9?/?C;68C;ADBBF8<N8:CB@9AB5E>2=6?9=@==D<;8:BB<DE8:>B8==3>A>B:?BAECB@B9868>9>2C@?FB;7=;;46598JBH;@C7DBF5?.F>G>F??;3869<D?DB:C9@@DCI?B>6?D85?0973=BD<G<F?9K3C1F0BB?EFHG;:@B<=C<CH:;8C=7B=FBACE@41D6:G@E>?H0BB5>@BF::942?B8DE@@;=AB=BCB9B=CKD9A==C80BE>=I7?BJBHA@8>:7=ACFC>?AM?AC<?H=D<AFBAE@D=@>??BB?7M?B67B;3>B<@/C3EB:5@5HB<=B5C>GB3B6H=B@IG:?=:;ACF:IBG@@N=7C@8AE>D@G@DBJK:=CBEADHHC;>E:F?;5<GFDFCIE@A8AH9J=FDK:GGBGFEJEJ9DF6GA@I;E?IKI=LVHLC:AFHA@DAFHD?4CM:5CKHGMA0MH8LAKBI6A@<7AED=JIBLTTQ;K0;ADCB@HK:JYQFCJHB5AAHEJOMZBGM?CD<GI5ABCDIFJ8CD_V;HFHIEJ<D?GI9GQBFHJO4JZ`E?LEOOLNCMK@LI@=M7G:K.ADDA:V4H@>E=FCTBC3ACA8GAC=A>7;ACCF>B>:A=;E>5L@=H.9DF>IRCBEBPPKCJK4RSUHPM?SGPJJQZFEVJDMHH>JRIIO`MRNJHKKO?@JQI>S>UO;NbP9NF;TSQODAAN>TF<GEGCE>MYRTJICAB`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k:GBOEKGLNEB=G>FF<:DDCGVIC8GPLE?GQQDGEJP9AMFIFBSKOE8F<ABFDOGGKJPUCGL>%6EEDC1M?GV>=GRRBDAI>LLVFf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‰I]=Z@<DCSMIQBJMD2MSAIIOEMGGEMSLKAEDNAJFTSIFG<>JE@CF<8:EFFPNC=>>APBBD9K?<>BIBME;BOFBCD=LBLS8@@DBLG5NENHIIRPEDFPTDK;LGIP>@7>GAMJ@@G>NIQF=ADH:GHQNJ3BN=Q_R@JLEHI:NJIEPH3DH@<RLBDD;?>LG5OB>DEE>BHOIUKJF@EBLC5AFGME=IMB=/K>:;QRFGNKD3>2?IB@GIC55GB@C@G8;AE:FLDF?>6F=2<;ACGC=J2DE7?7D0AHC>KND;E@>4:BMK@=DB4;KEGBHFE@ID87<.9CFCI<P>C67=C=@>?A?C4;EA<;6AG>BHBA=88JDG46>9:AAC>CA0I3AN:4BE9=7D6=8>C?<BC:F=A5=;DAD<=2:B?=B=38EICI=>=9C@DLAI>;?>KD92@D>FAAF58?8<@(?@>>=.@82B4FC<@N@I<:ED>D@+4<E<HJ?>6>:82D55BF4;4B=@C8A:<@19EAA2C74E@9<BB@;<6HB4443;<???M=H;=>@=C<9???#EE=A<>@8@<5A3>:BH3EG>HAB5;+=@@>3H;>G:A>:H;<9E:DA@>E?C<>-B?9F5B>8F<@?DBB0AC<D<<GB?:?=<>BDD>:>879AF54?A<@G9>E2N9<3D493=ACB=65>94?A4/AC=BD?7CFC<;ABC=@5<7D<<9;@E@>@@=;FB4?B;J,3@B>?3J=>7;:=9G:9@>=@<FG6>?@A<:=;:=?DE?D9@:=7EAF<G@@=B><FA;H<A5:486EC6.E84@@=A;=>>9<-;A<C19EDD@D0CBCG:DG>>B?@?=6DB8@G1=:BB<?6BAJED<;><CB8:C>:EDF;EI=;BB=CCDC0I?CC7@>E@@@=CE><;EBIGDC?:C@DB;H5H89ECE:6B;BA6C:=>HB=A;:JHH=/<::8<DB89:8CA6;BA53?;2?C?F7A><J?>DC;CACCFGI;9:B0<@>88:6FH@<>:DB=4>B<<>IAAA@CDA7AI9C<B2;3?<D?=<7<A?@F>ABDH:;;>>=JBFEB;HI=?B@E;;7FA5=EA9B4DK<F?>F;GB4;AC><==7C>F9A6;BD=>G@F=8E<AADC>BC?H@A;;B58@?@>=<@?<>?<8A<G=D:<@BC8C@@A8JA<B0@D:@<M9;?B4>2D<FAB1?:>D;7&IA@IBG;@B;A@D@D/B;D94EF3?BGAH4B>E?:CH=D<:C9?B:CJC=6;ELAH;4;I79BD,>=ED=?C<8E@DEBB?;;8BA/<?A9@B?FC==BGBEGBD2DKR@>B67A;I=B=F7;?:FCKB8N>2>GFH3?GQBA=BGAHDCAGC<D>A?@BIC8ED@DDHHFA>FJB@KFG<>EH;:GGC>DNB>JD4DRGJFJB>GH?=CE=A96AJAED;DM?<<;DGND@AFJB;>AGIHI><@AN>@IKAI:IBGHDEJP4GDHBO?BFEDDGJAAKDEAIJM@=?LRO?EKNIC6AJGKKG=HNBIBMKOEIGG<EKLC>DING??OQC>QEJLHK[LMRCD?HNJEBF<C:QKWCNFHLIAaOYNJKa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`FC5<NG>;HZMME@DLTBM<DBAGKLDE@FMRQI@MEDSOI?C=@CE:FKN;fLCHKPIF=A@P?MMJ@D9=E=FJ=LB<C?AOIFB1<<6GL9:GA:A4>3K9E??CK6L/GC?8NF=HHNDC?GIFDHFO<D@J>@>;DC8F64FG@@C<:9@>GAL?7>I@<=:F8G:D3HADDB?7:B67;C<BJHD9B?AGE=<ML3<@8?=?@=?>@@?C>A6C<9J@IIH˜¿·ž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bM@EJCIN@BBSJDOIHHJJMFBEEFEAOIOCd=JCFKLDYRICAEHaN[AFQREHWJIAQPISIIM:J:JDEMOJK=>>@?JLPECG:?:<D9>H?A=EI5;DBFRN8OH;HF4>JMG8><HOBUIBCIC8<@WCKH=>KRGNMH=MDA5GHGL@LHKT<E=WTF>\HEIRWFD?5<SLHBO9>G3>:JQK>IGAFOE@D=DBL@@IINE=?G>?JIDGF<K=H>BA1=>FJYJIDM;7H4AJBBAF=>:A?45=7B?DAGCAMF8?DBC<?C=B3>:B3:CKK>19;EE;=?C6>3?CCG>D?@9B:AAEH5GEIB?BF2DF5AA=C=FL7@A<;KB9BQ6A@B?6@*DA7<4;?.F?F=@<H=>C<jÿÿÿóx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ÿÿÿÿx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gKHCGXM:R@SFABIH>MABBPHK=S<<C>EEUKDJJCJ<;?LPFAEB5CIE<EDLMIGGF9H<@EADDGI@IT=MGIGIFNFEN69CHJGNDPICADQJ@ABE;@EOICAC9P<L@RFJKKEGRGD:N0@IBIDMALGG<@PSK5VN=CLBQE/BFABF>IP:<LE:DBFKPMBB?GJ=;9?:DF+HBCC.B3I;=EJ7;CGGE=74I<FF9398>O^1>NB06EC6B2..ML>>>FGCCKF@CK@<8M7HD=68NCA=G=@D<CF;?>C@,>C>/;9>E@4?;.<@><;G7=?>>78D<;?B>97<8>3<8GJKB@B+>99@D6<R‰ÿÿÿr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aK>PEECFBEOVNJEIF@GIRQFDHNCRRPAKCK9FN7JCAEBK@H+DNTVQNGMVA==GAHLMVCHFG@CFMYKJ:F_KB=LGL8@CB<L:K4=BBEA=B>ECG?=PERB>BH?BL868GBUKGR@@IG@M?IZK==9FG@?SEA6BCJA>IKMA*Q6EEIEECCLMLB8LM@?L3B?K>95AHQWAL3IF:OCLAFHLKCAI==8G@LBBQJAC@D4A>5<=D7C8=AJ@CFC=MDA8??==>=A6>FE/IHIG?DAM:B=7BD=1D.;99DIJ@ODB5>17G?@AJ8/6>:@;6E/1&B:7;@>5;<C>3BC<9C=;@<6A5<E=?I4N>5G=<E59G;=H<6965?>>3B?K9</>J,<><1:7?A]«¼c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`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i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gI7J;8P<>=H@DCEL[IKELSMEHDJ?SKKGNO<BALIQFG?3EECJ<@EC?;?D+;BLp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`K@CDE@2?FM5?K;O+AHBA9DHAJOXLG>FLLVE]X?BBHK<6EBDT@KV;@?A3;BFRIOQITJCSKBEI7O:@EIDGVHCCNDFEW<CEPBDLHMKEMURCDAHNNIOI@8?I4LJDWIOK>ICFNA<DG?EYM?9BFJUI>F;EJVCBCJNKFHA:RLL998HDKQDQH?WKD>HB:5K=BAIRHLFLIGSNGHCHCFF=LJNG6RLOC@U>5P<PRRQMLT?FKL=B@6EFK@Y\C=CKJMEAUMUD<C>?H=X7PLCPNHBN@@>L9=4BF<@CD7YCBOEEC<@7GB:I4G:54HA7BG=P2;A3I:;F?6I=?DFC=?@=8:D1IBD@?7-ACF88BB>@<B=FB;A43B6DBBFJ<BD:HE<><<E><:?@:A@D7=6D7G9BE2<>3<>LB<<-=<2AA1B;B7>D<II?FB1F=9?>C1>>)?>=.71GE6AA;;<>@@F?G@@E6B7::KB>DB>:<A@<06<JA?;E6678>GBF0<7GD@8CF9J/>;@79?AC>A.DABJ@@B@C@K2EDD66FA9<=39@DA>?=BF=4=AGA5C=9?C7:?I><>*A69CB?ADA;/?A;>BA>B-EABAB3;?A8=E8<E-AB6:A#@;=N=??,@:D5A5;@>189<979=EB>@;BF@E=?D;@DD==>-C*G<>2>DF??6=BGB<B>EAACDDCB?D<@=H29C7FAB:H996?G@=<@?>>98D;3=?@=78.=B8=<9?8@A4@BHAB<@F<>;?B:93E?CB<=HKD5.B<@=@=9BD@28>E:@?3:=AADFI4==:AH>=60=B(C>12>G9FBCEBA?+C>D9A&:B<=>A=AE@?<@@:=;>DAF9?=BA=:=EEC>GD817<A=?85?0B<<2:C;7@D?9>6=C?F,B;;AB;:;/?C9B@CCD2C9>7CC:=.:2D>D:>AEAD=:AE<=<958<:62?:581<AB7E5<=E:AH:=CC??===;===>0;;89>@AC@:CBA;698IBB7?+939/CA6:913>1?7?DDBC=>B>A2B6C>46C;>:7:47<A<1-B@:J<=<7?><B<6???=4-:6E=GA-B@=?7>7F:7:;9CJ-F3<CD<J;G9B>?=?:EEG@1:F<DD?B<92>BAB;67C3?@36??CKCKC=>@B>@5;B>?A?6B@B<;A@A:?P;/?717D;HC8:E;3CD0@FA@B>;7F2EGG>?AAG<9@BB?CE?@CE<@?<??A9?7D:=F;;@87E@?;7G@AAE5<:?@<E=F@;>>;EC?=J3D8EDAGA89=4B>:;7BF;@:6@E@779>J</;>>:D9>C;;?===F6IBIBA.>B;8:?=C+@GC;*ABBD3A?DC?<;?6;H.B?E>>HC:8A=:MJB@HAH<C*;BF:CEUC4GDBCACS?.BC,BDJ@E7,D4>;=93CDB 87EE8H5G:9<@HG528D>?5HI3FB>9E<ELIC8C@=DF@DB1AI>FJI@A=C6B5FHH@H7A:?;??=;I;87B@JRGBFLH8<G<BFD7C=>EK?9@H=HCAOO@GH=AFHR;JG5I9J9;G<MHGLHFIMRKOG<EHCATBJPFA>EG@E9QC=CFIBE1C;D:<QM@JADIJUPBFICH<ATJ=S;I9GZVBKFZL8ACHBFMJOJK@>DBBC"<B@HZCDOP9GE8K)BIOAN=NMXBDKN>SE8SH<HBILBKIK9IH?=E=?AIEQWA?FC@IOS=DG<?DJSMIGD@NCIEDANHC?JEH?G@BIJVK<;GCK5P/BDRK9WSKBH=:BKQJ>=0K>SALQOB@9NB=?:9@CLJEKMC>GO@EEMJBPK/MJDE+SALNMH?JEHBPHBDJHFGGS@MRD>L>CH?CK?@;=C?FB7<GJ4:2FHABB1<?=GQ4BF<B6BJIB<-IGI<=<B7=AG;;:@::;55D;:4;8H><=:0;B?GC:A:7><H8/97C6D6;DHA@8:B8A"FJBA9<AB9?F5AD<>3;CGBG4>@0;@7;C0@C>H5D>>=?DF6<BBOD?:ECB?HF@@>EAG>D<CB@><9C?;D=C?>@ABC.:DDAFI37C0>H@8EG?CE67<;G775A><F/9/7AA8BA3P>B7@A>7/2C=<<H@B3@@>;;HE=A?@<:<=53D=?3GK@C8?4GI.?E@JLD99<<:9A4648>>HH982CJI@996B>A=HF?==62;<2DC8A6><=AIA:=98=?<=5G4EA0(E;>?6<H5B86F?<6/><?=:7=@@BA4B:2><8AB7C7G>C:@=A><<=G;A@G<><<45;>C7>6C@<4A=>>=9A>C;BC>?95;=C9==E?27=<>>D:.E=31;<C <8AB>C+7E4?=EH4>F>9;9B,F=;9@7?:=.=:?:>ED8D:=E>=?E>?96=L8K8CC>H9<CFD61AA?A8<@@@?DG=:>:=<<@<4;1J>>B@=<;;BBD@?>D>?<8>=?F:@?BABCFB4K2D3A@9<E9>9>G@B89A>DC.HDGB@DFHB;>D<=B0A>A3>A6<5868@B2C@DC8/C/?1?<:<553>DG??:><.+AIB=:>FBKED3G=<6B<@D;<0;47><D</><:>,3;C>BA>=<C9E=>AED0?79?=>7>4AE8;F:C<7=DA@=8>@>;7>G<====H5<>G?G=C9C?;H==GF@;?79?@><4<@7ACCCB,?BE@8A<7AC>75<>=;GC<=28)G>>=B=@<C>;BH>:A6=>HC>9<F.@7>AD81=H<;7=;:@9<//?AF9AIDB<=A;?H=8;2G:F9CBA@7E=B:AE87>9?64KC;HA6==F:B==8E@=I3@>>>=C@8A@@@@<>@4<.A<?E:8FB@86?I=?=D>=D8B:AC;A9;:E=5:B?;:637=>6>=:=B<CAB4>K>CJ<:GGH?8D?:6CCH8D;>5>E=5?AD<;9=6BA<>A=CDAC@BG??:AC=<D4;DA=:5=B5A@@C;G:A?F=MG8?0?=D=F?LA<B?8AA@ENDIF><2=>.>=1F3A=@=F@:-8;>7IA77F;DC;2@AC7A@7CCF@>B=HA;?EBBG9DBC6>;5K5H@92<EJ>A?8D5:7H@?HNH:EAB<?F>F?AHFAHD@EI<@E<B7@FE>I???=?EAJOIGCH@C?LHFGFON:9A<EESMAA:?BJ@AD:HDB<KE<<2NJK@?IMBFBHL8C??EFEDGMECH:D@CQI<GADKMNMFXZAH=EMOIZQLFB5?EFOMLNGEK7;HJP<BFMJDH<DL>I98JHA==FLJEK?DJLVSL9;HL=<GPG>?BHH=@SMRKD?Q6;FM;>G9LDYL?H;BEKJb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c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cLEIGH9DEHI@C<ACNQKBBBJD><EASK@?DCKFBDCKNWPNTKKDQGGKTGIBLQBEGPZJISFNk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hJECO=GLIJE;9E:E>LBINKN?H9CROLKIIU9B0CHa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`KUD=JA=KEC?JPIEC?ANK@O?EFF>MGQDMQFD=HC9K@BC=\VBKHEGOD?DL=TBJIG]@<DNHEDLOJdKjMNHONPA;HGPKOG>DD;=PEF?=>BIF?4KLN?R=A1IH2NH@OFGAKSMk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b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cG8BBLHAHH;JP:?>BFAMFNE@@@ASUXCC8JUHECLHLRATMD=QL\HFKCBHBADEJB><?><CWBH;AC@OA1JPGG>DIJ@IGIL?FF8BJH:NEC<A?A8AC:99A?CJ78@3C7H@GI4<B?7J5F;2?JI?9B>?=4>E0?EN>>'EPHDGA6BBAD<B9B3@>9E@><KKF?314B;;DB5A@GJ=@CJIG@D>;>BB+9>;C:D8G;7=H3@6?<GB:G2C?7=DBA0G;FC;>7JD7;>>AIHD9/?:@?B;B>F=8@A;3HFB7;D6:F:A7K9<@A@CD?>8DEH?5CA?A73?B0/7<6?<6@C@9A@<<1@3>BBFJ*>1074/<A8E7>8E5:8378<<A<2>::A?D>6B8E/<<=/9<<D0AC9B9#D=G3D3?=G69GCKAK;4<F.F5<8A=?7J:D;94@74B7B>8<J8-@.=BB47CL<D:A@5B5D<94A>31@>?<A:?>B=;4=<22-CBKA,<-<<4D;BBF<F<7<:>B5>;:9?>>A@.BB?97=@C:<<B8??>:4>7G62C>>B<2<>=<G:?872)>A?@A:;@<8AD<;C74.6?:@:>B>;5@?>5=0>L=8>5<>D<@7AFA1GA=5?C>>9+/@<D0>B38A6;>5:=9%9GF@6=@<=/9;FC7?@B@F>FB856@84C?>:2C:@C>E1;/9BA?;B8;::@C2@56=0DD@@>KD@6A;D9FDC);>:=-.:>58;8@7<?G2=DD=;AA9;45@8:F3G=F<=A9;B;94<-IC@KA92:;5>9H@I?8@<?C@DF9?<:3@A9A?<9AG6?9@4A9GBBBCLAFB<7D@8=5<=AD5DEE/D>;9;9/:/IH:<998B>4E=/>?B:<7:9;;??4?>>1>A?>3>7>:?B97<;7=6CB0:6B@G@;:B7C??DC@?9@:89AE;6@G:<HA?;ED6C2:E5CD<>5879D;:1CC8=A@C?GCCF<>:<7=33::4<>?1<E6<F>99<275C7IF?D7;?A9F;8:6E<@H?CC88>D6@7B0B<?@<@<F@=0?=>@:9CD;7J=6CO=;?B;D6<=DF9:DF>C<B<8I+DE6?B9715E=EEF>=99DG>C>G;8G84FG=5@/8>@B4AD?@FGDN?@2;?>EBAC98GA86E<BA6@?E@NA=8HG>;JHD3?I@H6B;FE@?@8K>?<4K:;B;JF@A4DDFGGG<B??AE9=J0FBC8CB9@99J4I1=8<OC>?8=8CC@E2:HH:G;C<BFD?I?BBE=D1<D3<CH+0F;50A5B=I4;BE?1?9HFF><=:87=K?AA>?FD9D=@B4>D;@EDBEC<FB?=@@HEHB5?9FFIMJBGIB6>M?.F@CDCK<DA8>CB;A3D:J?A-CRGAIKIHN>G>I:LEGB8JCF@6ECL@MMC=JACE@JIA?F?D?J;N<>LJRHSJF=<IEBQ`AJGMOHDGM?ABKYKREIBVKD<W<HMFBLF?DL=A82LH4X@GKTBIFMNOL?KCBGH>EAHH?ZHBDGGMCBdGI`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aK?6ASTKHFLJ;=R8BF_VE<GML\TE@BHDIGA4?LEHII>@LGKJFQCGQRMBDAMBOCLVPMHAF;UMUE@*G_ADCJD?HBR4<:J>.;E>2CIWDLNCFJ2?<C>>NL?FE:MFIGKB>FII=?BDMIFC8=F@J[8O?Fd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b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a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b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a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kQ>C:?9GCOAd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g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a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`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`@S;FBFF>RLFF;=GB:GBL9;BB<QDP==5FJC@LLFBFZ78?C?AXCICFHBJ9`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d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r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a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bMLAE;EVIA5MN85J9BJHK>FGMOIHFKGIIBM;NJLS;=JALIJN=<BIF2KJDKG@RUJJH@PAE>5JDG6?BI<B=<-KCI.DDDPf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jyi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|ÿÿ©`?FISBAADKKCAA=IDDOHDDCJ?O@GLCE=@COKMC>OG5A9JGDCAHCQU<CFGGMLH7NHOEJLT>MUCG@JNBI>:BPIHTFNH?MGKHN]IK=BDWCFOIAE7HNKLBA>CB=CJ3:5L>EBADXZA@MWIF@Q7G>M??LD@GJJH><IU@@SDLE8JHAb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—ÿÿÿÿ˜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ÿÿÿÿÿÐ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°ÿÿÿÿLH@@G6I9K5?48;NCEE:9JQAFH=BN>??:EOEHKJAG7CCEK:3LKG?9A=E7GGJLOF@?>H@9@;<AI?>O@=ES9EBF;SQ4AF8G7MDM>7?C>::9=>;>MEFH7;>D9=@<?=HGBGCAcIMFEKFDBKH4PANBGADDHADLJP8:S@HIE@5EGHfKTLEKTKDM;LNF?[LG:I@=EEBF=6KA]QRUL@MT9FS=EHN<KMa@CAEK;IEBERC>LOGEPFA?U?:3JL@O>=K><=COBDKKH@4>FIE7@LF>F>8=?GO=-<KH@L@BECG?<@<=,C?A;>8CF@;FBFGA8C-?DDBEE@(@DKG4>;E==??0A<5E1=1E;EC=@0;A6;F>>BFI@HD@;*@DE;?GAA44?3;@EA.9>A/G<6?AA@8BG;AE;=BB7B4E@/@?=><17;8*LA:?@15B80:B:;@?6BCCB;2=<@AA<?C;I:=@;>:A87@@G:9A;C9=BE;IB4;==>@<@6@>6A=;9>H9CB>E=855A?D@;2DH<F7B/F2@:<B<BA?>3CB7G?D2373>:5<<>.5E;>68**9:<1885.>38/?B:4@<=CAC=4J@B9;B/:-:6?=0B?>:;26><A8->>;BAI9A>/:=A<4F:7;7F5@:19;.6E=A;B=:=<4=B>.D;A<5C6:E71@<4=;B<>A9I0C7:A6@F:77-<7</@.EA9?D$>@0DA;><A=;.@=>A?5>F@=C<44F39?=46>A867=AG;??D8/BD?8@<09@33>A<A3C@64>756==<52B;4;.<A@90E2==?>>J?:2C:@D7D8?3>C8;J<<@1>4BG<AB<77<=6--@C;==3><AH>=>8458=D=I18C:G=EA6?5@D@:B+=>F>IIB>9C>DA=@E=B:7D'C<E=,7=4:F>FGIA9;66A;7G@7?E@6B;?6DB?DE5<C<@<B6.294?4>CE8<:DEA:>8:7;1>ED=:@:@9CE@73D@5A>C7@G6A@H>E7J;:>08A?5G9B9/:C>@@B6DA<DG<@;0F@F?K/<;>;?C9A4G=<2::F6C@EG<@BAE=8FDF;C9;C<F96?ECCDI<<5D6B:7><=H@579E==E;6F=>9D;CEAK:G=<0AC3;@GD=CG>AAD;BG@4F9A(:B0EFCA=<=BB=;;>3D;BF<@D>3=J<=;.8B@=9=33<EE6A556@B6G@??DG<;9>=AG:E@=0;=A9@98>:8?G>;8@;?:A=@@:<6:C6:;C4D>41.@GB5:GE;79:=B?@E=?=D?GB<:61:7:25CD:FA=C-C@B@.A9:BFG:B>4H>/9BC:@G;>=CJBEFABBA=>DD9?C<H=A:>?@>DKH@@?<F?A?O@H>BD?JCB?GA@F?;?;71>A;ACDB/FGA<2F4;G:?J=>9<6??>4EKED8HEE@A=A@?F@A<@B;A=B0AD0;=FBADGBAI;JA?3:A@JI99@AB:H6ACIF=76AB8G<K@36FC=I<@C@EB4N46B;@?DI<CB9?KG<;DA=ADGCJ89G9C1DC8ED?CHG=??OGCDCH=BFKQBH7D<HBJEG?:NV¹ÿÿ�XXJC:H<AQEL8DBP>SEHE1OJGBJJE@RH(87IDHJQHAC?JHHB@MEQ@4PDB9>AE@HGCB=KPF?PI(AA=L:5A?GHIHJRCQGB?HC26:LFASLJ=8G@D6KQG>>MAECLACFCAACDD=A<@NKIA<PMLRHGCA=;JHCFDOQ<KE`BD@I=O9;MH?=EJZR@;EDIIRDIIAA?@ACJFOE3MEHGMM==NDBDMBL?B26GL8QE46SOL7CMEGJBC1?E:FHD@;=8>A@;GJI9IM6?EBKAE@KCI03ECIBDA=IEB==7L?6F@;>EE=58JD;DJJA1:N;BAC;H<GD:B=@NBAJ454H>2<@IEHE<Q=F:B7JT<OAI;B??DJ<FB8=8A<AE>=.>IIC;-?CH24A4BI;ECB88;B32>@78G;87EE2AF88FA8B=4?C88DL>4?GACDB?9-,D4C/;;557M;3<C;9C;:?D;>=8;EA?F:G<G:E@?FB?0@A5EBH41D=?GCB<9::CG<19GD/5<7;A2ICA>>/ABEB8DBIF?@=<:6:?D8;6F.C3;C4A@6F<?;4C2<?C@92HG=C'C9C-=>=@==>:>>><BDB77A49@<9>CC=<EF/1=@H<:E;*5=@?">?7:>D=>8/<6B5CA9C==E;@<0?=6C6>5<G18.=8D>@E3A/78C=.?>;84H7F98>AGE27:@?81,<AC?@>H;B9E7;EI=?26@>@@@<38?=C;B=*<B=440;02:1H9@C?DB@$6DD95>A@B<=CDA6;DD>D:9C?F@?B8;>><D<9B579?9@=A>;E/;B?>68KG;??><87C;=CE*9<FF4HC?>/F:C?,@@4;<:8?<;:?7D><C?CE@:?<=?;:1A?;6BF;9@>?ACC??9E>6A><C<B>:8<C=)9><A>B;:=E===874>5@L>@;6?0<89?68;CE<>:B@8@HHC92@EB97=;ED778?<AC8/A87D::45:;;><B360A@?=<?BB=?-B>7BG;C7=G@77-B@@BB4F:7?C5<?BB=>80B;26=8E,F7CBF5B:<@D>H;8CABEEENA2@<>B8CE?A:AA@<8E9>=B>@9BA8D;CHB?9?B:AA?@7G7<;D<3/@B@=BB:?@B;<ED@@GFCEED:I>8<PF;>9C:E:@,AC<A2E?F<9.<B@9>:ACFA9?A<9@?C?;BE9AH7:3891?6N7C9CKK=GFHB7G<EA=3A;>>6=:F?=@B;;=<C9462=8A=A5A>B8:<8<68AH;<H@A?:3=:>>I/4A@C@>CB9A2G=G?=:48?>:E50C@7CC27=4??<C/G=,;4?@;ME;CD?;D99AD5A?3D=:E@AC8DFA:CA;IG=CE9>@D9=?+<B?<<ME:?F:A=:D4AC9I;==<G:CCBC6B<A7C>?A;F?DGA>;@@>BE:BCNG9?>9F6;DAFHC=6?=E58LA<;4;H@F><7J@B;,B==B8C>AD@NKCH;FHHE77EH?=A:8D657E></EF>6FA:;<D39@D@86E:G>@::AGHFJ?94CK68>B?DJJF@AGB<7?5?D7@CHEG2KE<2FEHE=@:OZt~c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`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b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e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y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ÿ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i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hHCMNGH;ADFA<FJNIHKJINSHWGVM;D=IKEb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m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gDMC+AG=>=?H=AECT?J?JOJ>PABGPN:FGGI>FCOTS?EFFB?>CDWAUUQEJB@D<LDEBABIGDBXSKC>G@I=?IFLGEF9JFJOR@C>NBB>FC:I>?6FJMHPO>;BBDF=B@<FJ4MPW?@CBI;YC@GF@@KSQDE9FCn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e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y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`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cBB<;K@:NNBP?IDPAD->=IG@KGHE9@L<+Ki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j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f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l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fQ@DMI=9HGLNd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HD?>:BQHD@5;D?B4>F.A?7@EB?8CAA?<@FFF60@C65BD:>;A?<@;9;E;>@KB>C>@C=;?ACD:=H?B9<>659C:D>E;6E7<?HH@?:@>@>;B@E>@9GHEBCF=7@?A:BHCF?I;<97AB@?>=I01A?3@@B=63@@C8?>7?<=@:1<8:??>D8BH=6=<5AAD8I;<@>A<C>@=@6;E><F@>:G?;@=:A>BB?7C>?>B7C.D:.C4>;@;@F>E?>DD2@C9>,?65:D3B;@7=DE?=A:<C>FA<70?<CA<EK@=D9@;C4<D:;:?A?AD0F<A??9C<@4;=AG70E;<AGF::7B?06<08EA;.@5GB?C<;==9EA7GD>A=CC@7,;8B>>=H1D;6?G9C;F?65<:?9;7<A;.D;329>D<9?8<9>FAD>:885A:;4AG?4=:7C<?C<?2=;CCH858?K?>;;2:6?/<=@4:9H3?:2@64?>A;.@8:A8>?D93:9;8?A9?;599:@??<(G@94:4)=89;=46FDC5:>EB?=?39817=;D<D=@<>F:5B?E?=@DH=H@9>AD;/1=BD>62IA=4/L=@B2C1D9E9CAA;?@<9=4??@02=;EA>35+-@B>93ABAA2-@4=B77=BBA/=E@4A59CC:@B8/@B>@9@@><>A9C<N1=F7>A2A>E>96B<=E=:B>1FG048H-7;9C>@:6@88.<A:BDB?5<6D@H>E@E8?45B<-@JL/I88G=?>E6<B2DA=3A<CC=<>1A@D>D06F7:I8:-96>:A?F<*B=G@:B<AAI=D=9<A@ABBA299H>EGBAG>@BD8B<=AE<HAC=D@;=C?3CACB@=<BA?AH7?:<CB2FTA>0DHH>@>CH@BAC>?;C;9NJA=D=77E?F@BAC@H0E2==@==E@IC>4@=I@O:;:>8>=B0>BF?CE>HDOE<?DCA?64HB@4D6IE<@GJENJE9>F;7LA==@DDB8CII;B>E>7GC4EKB=<<E6:GBA6F@DF@+0BA@F:HJ?FJHLC*@CFE9>EF>E?G==FGCJHBD@AF>?>=EIIG=H?=@HENEB98?H?:==AWIF:GC9@G>??JFD>EECB;BE9EBIJ?HD>IECDFF<P?C0BC;IFBQKC7BLF<GIGIBB:HG?=BCCA<B@8@C>HE4MB9H<BI=BFMLD:<JG<NFIEJC>U4NJ=J46FMIOC2DCA28HG????/GD@HBO@BABJ=HCAKBBMH<E?=EAB@AN;?4BCJNCGIF=E>BNICH=>GAE?AF?<DJN=@O3DLIEF9=ACEFD=1BN;:=<?8==:M9.:LKD=I?JEE?4:BD>;1JF@H@=?>:C53B4L<<?<?=:FMG9=?6;K?IBH?=:=CA@=4B6DCC=>DKGJ?F>C@LN7<:E=B9;J9?ICF@@87>BG=<><C>A=FEA@B:?CA?A>;J=:ARD0=9D:JB2?BADE8N?=LG@737G>:C;G4D><>8GBE@;BIBGB8=DADB?9>K<C;Q?:BB3CBB=BF>.C7::>DC>?>@B@EA&9>B@H=DC<>JCEB=7D-?FH@>@8F75>:?BA??/0=?;?6H5BE<?CNA?>EBA>;:C<BA?B<D8>?=;@:G?@>B=CGE=HB=>?H:@;B?C<B=DHB<AC?B@5B0CGC;1B<;E>D=?A><CA@:AD=>E?93H7?7AGK.@:B4B6AA=<<:F@.?>F>@?<C@=:?1C<B9FA=:6C6PB@99C97@>?EC=DA?CBA;B;:=+<<>?4AB?@@G0=A=C8:B7>@<>4?;=KB-/;449CC>C?<@?9=4@A*>=DBAA1&>@6>;=3<C=1?%B7;189@??><D<@:ADDBC7@?@<EA1C<D2==8?>BB=B6>9<;?=?I=F?:E=G1B=?A>><BA5G2<A;5LEB@91<.=GGB4@DD6?CB:D>E<8;>@>DJGCB?;#@?;:BD?A/;39<@*A69;879;:<;GB<E>:7=@93/;<A?>99B7<@AB?8;:?;8<?B3F;9A;I?D9=E5?594CA;9E:AC<;;?C?8D;A7860;E4G5877@=BADB4>:D3BC=;7B6EA@?FI<9:8;::-IC7<?351>=F<4EC;7HAD6:BE??KAI-8>>@7>H@:=C<I;=40<H(@EABCB;=;:CB>;F<J;A?@>;CBE2A49@A@>G@9FD8>?<<=G5:BH3?9?7@JA>B;68?D7EC6<7<4=8;=?@DCH>H<<DACB=?B6DC=?BA=;77:3:>B59=;D825=A=9=8J5A>2:=*79<7<:K8B@2;A0;<>E=:B;H>D?C>:?3;JHAC2@?33FA/?4948@;28? 84D;??4;A8E<BG*-783E=@>HA945799;;:@4?0BBAA9=E>@1@>BAJC;2?D<BK41DC:88F/@9B99:G@C7@<0D??:6488<=;;F@6D;AC?=I:9E@@CG6@?AB3?H8JED?DACAACB:CB9;AAC35HDADE8=I>BH=OAJ>H:F?<JD84?=79C::>CON=7D>46>AJC9<C29I<>G;AE<F6A:@CKB9ADB@?7DFG>?E@?>IBB5F?-E36=HBDGEGD4@EAC;=4L>B;>D48EFCH>BE9H9B<NH?8E?<J:B3FCH7??:=<;JFD?BA:CI8C;?A3;CDKA7CE@ACJC?:CODIF;EGFG?>A@G?+H=B>ONIKDDE7>A?SL=CFMFDHO@4>@<GB@KFGJD5M@>KAJMQ@7G<@FD>E;?L=@H4DB4@EBJFCAEFG9@@4FKA5LGADEK=@C?@DM@KKFBC<MN@EACJBLHADEDBCIL@DGEIOLDKE7DDAH@?@GCDA@HF@D?BEDF37GHFEA=DP<?D6?LO=DC?AACEGAFLEI?DO@MCD+C;@I:JFE8BFCL;=9=@BB*?G:=C6BF=F?CG9;A8BGCDA$?=B;BGI<;?>C@7B4BA<AC<J:=DM>CID0@A7F7HBEEDIDDE@A3D<6F<DB@FLF<?>FC7C;A9GM9G:E;4D=E>9=>9>38HB?6DD@FAC;E<?9A:BKA<=A=C3BA8FI2:M;DB<>JBE:;:?;C86HI>62BD<E/?C=HE<>M63A4D@:EABF=/@?>5C:>6@=>;>=65:@M:2G9:>8=6CAD<DBA8D1&CA<>??>;LJ@@D;<B?B:7AC&B?3F8>C@@A;<DF:2C<9@5CDB@DE;=C>;@@I>B?<JE:;;=A1?;@<9<BBI>18=H7B;<>B;<DC3>6B;A?7?@<6AA/A=G<:I?C<H@CDA<<;B8A8?=<8>6L:5A99ADB=;@>:@;?0+A>;5:8;;9>?=6H<242EGA=BB9BBF84=:C?$:>E?0D<?A:BA@?<CA0;>@D9=F09D>9@??<B>:;9@@?H8<?F;@>7-BC1/2AEA=L>?=C>6H;3A<C;<J?@<?A6=;D>B19=E*1=;<?7;G<D<16CBB8<B@A=@7DE<C@498?:AA:>9:D=>DK<CADD@C>1=?H?:8A8:>F68=4;;>06<@C99B>ACC3<AD8E3>.<B9@=:>9L@:?0;A0@8D1=C7??@4:E=;.;E>=;?>A9>45FA=<FA>=4>FE4E5IO6=?FB=>BB5B=9G<=6>5F;=?<C87=;?74@>=5??6?:<;97>362<K@2;B==@F7;@6:FC1;=?:>?=>2@=73=75A>B:-C?<83??I<@C<@>=1DE7:6J??50=>9GB?C8DA@>6I@9:85C:;4;?C.<<?8<A*C;CF>@;7<?:@@>A=@A7B<C;<?=C:D=B=?AAA@8CF@/:@=>>:<?E@BF98B?B<A??@EB?DE70?>EE/B;<?A<?<:>>5;:6>=688=B4A?:DA9P=/1@,<FA>F-;.@9<B5C@<7;?>DE?6=5A9A9<CI.39E=9C;H?7>;4898'1DB9?6GBDD3<E??GCDAD:;:68BFA=>>79A8AG9E@7;G8:H5B665@@?3P;==>?;1:A><4B=17C4E,BB=.8B<:PE/@J=<<<>BA6C6@EB=.JM@>B>2=G>4I>?=>=B7F=;@;BA@<<=>9GA8CF;:<>79DD:?8:@;;;@9DICJ>?IE0=2:=;G@E1=BM,FA=M@<I<@A<A>?=:@DFGIAJ?CDC<BA?4FOD@J-7?B?E=:>>FJLHC0<CAC@BA@778;;7B>;?=><DGAK;;CCAD<6DALGDBFGIFN>7CCHG7DEGLF?D@>8>48?=MGB0@@8=EEEEB@ECPKIAP;4CUG?@=>;H5:F?BFGCBBAHIBDJC@?8HL?ID:SJCFGE2DA=<=E?;QOEP1>FGF6NFG<5AD?FHP><@>>EI<HE-<9EFE?GFIBB=8?D;BBCDF3@C:EIJ:M/?JF=BIE8:5AF=EOJDDEFBBBI@5TCCPDF8EBMHKKI:7BCALE<B@CEE<CK?<V?IOAJ@FAPKHKF>AG;9CL9CFL:BAF<EGE>=KHAB==DFD;EJK;7:D<C=0FB:BA@A5E>?DL=:GGB>>:CE=>DGBE:@@C=F<DBD5;9=7B=A:ABBE??9ID=C@E69>=@F?A>C>BA=GDI>AD:@@>-@EBBEB8)E<8FC;3C96CI;0<D9?B3=F>A<A80C;@IAA2EBA;>>GC889C7>G9;7F1G>F=J98E@1D5=4C>=?CIN>?=B=7<BFB>D;3A?<?@@>@>=@@@@9@=0;BJ5E@9217MDCFF@C@@8;F@8D;ECBCIBI379IIA9:/4:FBCAHI>22:>DA7D97@BF<649?9D5=L?9@FNF?=@8G:=5@9I==/CC8=9C??359*=?67?A.099AB=76D;I<D5>=<BO=D>>=@;6H/5E<?=@P<?;@6KCD:8847HBC=CD4;@C@B<??>AF.8A>FC@C=@==3B>>>@??3=;AD<CC5<5;?D<39;C:CA9<7@>B9:D?AB9?>C=@A=CB7B?:BIB6B=06=A91;B=L<5DFA6>80;=GBB<:=<=C'ECA8=1<=C6>(>>:@4A?FB@@0B:D?&>@96@KACD4:)A7@FCIA@>97:<<D;G=<8@@7B>DBAIC0>B2;A8<<ECBA:<;<=B:G1;C?DA4C8B9B8</;;48?=9FA?7>?E<<8?+@@D>A9?1?@B7C@>A:@9?@5<7<C@GD@:;<9F<GC,08<9:;4<6=69>@C=;9;@?=:??E>>,;F8<A;D=CC?BE@:=C:78AFCC1D;<E>?:>?@C92<=<?/.;>79B;=<A/45,5D4:>C6B@)C09?/H=396;@7A:;6@3F?A37<==9:3?C@0@9;D>/=D;>D4?A:C@9<A@7=8C8?6AGB;8G9??>3DF4AE>=95D;B?CF@?>@':9<6?A8FC>;?:<<AC6>;;CABD@;>B8>4>:;BAB:6E6@8AB=?<;>FF?0=B?EBE-7?-<7?60>7A?B>=1A7>,6;+0=EA<@:=BD1B/C@7A:5AA:AB<@>A7=8;G;:H>>=7E998A5<8933F8><7<;D89B@@ED??J@;<;<=59E4H>C;=9=@6=0AH5D4K@FDJ6<.:AB<CB9@A;&1E1=:79<=8EI>EECADEC49C=??ACAHAEC??>=C98?B3@C8K<I?1?A;>F2=>B>F@0IA;:BD>9B2?;71<G<E7I@<>CIF=5BG<;F;D-B6FB:9EC7;B<7;AB@:3GF>I?C78:8FJG@DE5EG:=EC>>KB:?72@?>?A@=5@=BAA96<J:CE7JFC<;CPE??FCF:;H:@EH??DG8BDM72IED3G>>I@ABL3GG:H@@DAC<AN<A>HDI<EB:E@CB;JSD8:H5DD=FHCIK2?6;0CNGDJFGCE?KC@EG6;HD9DGBF>AMIIB;5IGA:,<B6;GCCI>KDDD?2CF?EUD7DO=KC4>.>;CCIL>@CDBCE?0IEIKFMF>D2>84KEF:CCE@I?C>>J=49C25C69GE@8C9EACK:?BDJGGJCF>=4CE6;JD7AE<GD@7?/@:HCCITID@P5?OJI:@DCI;JKDFA??NDEAEJDGDE;?D@G=4@=6PGGL9IBACJC:@98EBD;9@7<;7=?A6>@;=F>@D9BIBGAFC>B@$FB8MJ1;G;DE.A>D5B4B6S/<D31.E;:>?B</2ND@;=5:=8;9<=>:DA=FC7;RO?B>E7>6:2DA>>978:9EA84;=-7<<A:C>9B>>;@>8M>=>7=<;9@L=D<>G@7-EA;A=>4FDI5=2>16E:9>=:<>4GDF8@=HCA2>79@A$@?JAB3EE<DC9<:8>?99?<9=<;8J?@=<683<<C$C<J<>CDB0086F@?C<?B97@74<CB<:>=<EDG?<=;=D@<=65D@><B2;:C>;>A@CC>B?;;<E>@>F<EF1=B56:A?:CD7C;7<>5ACE:5BFAEB>9?12F;;8H;A0<76<FA=?9E?IC79I:>:I;:ICA=D?D)=57:7D8;,C?@0E3A1@H<4?C>;>E<E9H<@?D??BFEB=84->8<=7>;FE7>E@A;.EDE3E=616D6?B0B5A5A>=DB><EBDAAD6@7<=B>.B=:D;>9=247>8A7>>BA>4C=9;@9?D9:B9;5888?EA;A;=>:CD7;87>:H;77BG><7;@?;=A8?BB:E<?@>>C83155B=I;@9<@>:54CA>;>9A95DAB7A??<<D<EE@A;<B=@<?C7A?;><E>;D56<>6@8B>AAC:@C?125::?;5@;??;A;3K;:3CD6<=<@<>BB555@D>159=B3;?=8=D;B?2=G7G6=B?B8;DCC4@D3C>0:$4=>=;@I9>5=<<:BB>.8887<1=860D78B<8<=B>(B7B:5?<5C13=B<C97D@G?<9-I7;;G5A:AGA9C69;F<261C3A@C?8>D<>=C><:@B49??B;:9D5>;<<=D:A61A=8E,BE7D6A>=A9HA=C.>D@3?F@CA76::93;0D?D=?==AA4@7>?9@<;CCD>8<J@>A;;FA=>F<:,A4;==4<:?AG8=DE1@B65F/3>B?4@:5A7@2B<>B;AA@@51@451<9+BB019<6?F<C;CA:CH>:;2@B7;F<@E28E36I?>6F9BAD:29/>@@H8=:;A?;=<9'>=<CAJ97<9:A:9<8=<8@8ACACCC<?><C8EA>@91><<@A?,6CH8@;<DBEDIF:4;;=C8=N?BCB;:DDCAEA=C4=I6A>@H@8A?9;=?C6?:7=?3?6C@<;8F@6=:@GEA125E0CAGA@8EOCC7>C9EB?1E=B@I;<>C=C;>CD5BND@?B?GLDF=>6E<9C@CH?=AKFD:<CEB:F9;H9<CE<F9?@JEI4@EBBDG?I<BBA(I;BD9=;@@>;FE5GEE@1JAGK6CFD<JGJ@<?B:IODEHD@MC;DEIB;D8:6;>IC7NHU7CI;6JF8LE7=;ADHCG;HCB679<3<B?L@RBC??CH;C<=7IFNFGDCJB==69HH9<FWJHLHB<DPK6G>C>D@9@BIC65?=LF0HBS;<9?@HPC<KQPWOOKDN@SI<C?;3A?BFL?8@G(DH6:EAABM??GB@G?4FED4>GBO=<?IIA=QLHN9JP>9EXAH<9<4EBC=I>:QA@@8E5AH?H<E>2D@@<8BEIF>JMBC/>=:?G@EC??TD=B?ABB:CE:@+?D8G<8?C=,JFA6<A@6;:HRDF,@<G@;7=RHE?AJ::=<@98HE7D=<7C.?2G>A7GD7@>;AB<:A<G=;5B:B<BK7=7=>>==C>>A;:@CG?ED85;;@CDAEBDABBK;?D?C<69:=A@A2A@@;=@@+,G>?2J<=>DEF:==6=9B@A?B7D?7:F?=>==DC:8:>BB<<DA9AAFC;;8??A:@D73BG-<>?F<;=FDHF5D@@C=FA5>;9C/=;>CJBA=8;?<><4B8;?=7?6B>D?@JBE=?<+CBC>4?D?;?<<6>=@J+=A>DB;:6CC<B3?;B>I?81A;E:@D0;8?=7:AAC=C<8?8=9@C=A?2DA3?D8CE31;A>BDC7H>H;>;7>889<<C=<H<8:=9@AAB;)98CCA<@B93F;>@0C?>D:@9A=29H597I<C3>E<=A<A9=A?;@B<=3>H>:1CBA:?=-?9<C9ECA@9@;GFB@??@@B??>:HG7>F=?<90I<E@AA;<=?D9?<=F8<:J><A8@?9I;9?B?5948H=<:A93;:@;3:<D84?9;5=C@>;7=@<AC2=K294=>8E9?>*H@:<=A7<.9A@G=>>BH@;@:5?E:57C;C>;>>>7:==CA>7G9>C.5C6HH/?7A;8C;>/=?8B98C=3?==928F?3I89AB-<398<6>E;<;=D87<I?338A@95:<EC2=;?=?E=>9:B>99?>CB=::3<=7=?;3A4=?;?B<8=AJ<B1@98D8921>@33@?@;+=6C968E<<<AA>0C3GI=8C;;?>0C:95<=9=9DA=DEC<:BB==<<@:F=D8F8BC@6CC1>?6=C@EH?;DEIH?C=FC<<ABD@G;=CEE9BDA<C0EB8>5A?<<G8?FE:CBC?AE7GB:@?DA=DD=6HDAF@DGF@FAJ=E6@B>CE:9DG;9C8E;>GF@@A@;@B8M247=D/C8=>58>DF7C19?:G9;565:A83D,-D=A:;?4/@F:?8D@=3?;:CEE=>;B73@E@5CJ=CF5><3<8?@<?9:7F<@D5A1;;<=8=6ACF?5@A9?D=;@FB4=><FA4B<C>E>AC>87FHC98?<.CB945?E:?BA9A?6<:D68D<1DKAI33L5G>8C9B=HGC=@A:EM589>AF;<:CF=@I<F5L5>C;APGA:FD?DE@HC@:CCFHFCA8:@PICA=8B@DH>FEIADBF2B9E<D>;>;<?:<DD=BIEC><3KC:4;@9G>?E<>1:?B?G>AE9E@>?D@==:@@=9A:EC<=D?FF?D?@>F=9<E;H@B>;<DDC9HD7P?AJA=A;IAJ;KJ<HJA?BC>6<B<=3A;C6:L9IDB;;L@E:98D><;H5PXJ>EGG78J8>7C4G=E>EE:GDGFG7H<4C?C=9>DJ=/4E>9G@:;AC:A@8=KE?@6@BDEIABLUR<*=:DG=6JHE9;BL;D9?PKEF>AFGG@;67AGFQ@<DEI::?=7?AD8AM<7BF?EFII9@I1BF;>FVAFNGI<IN?ABB;FC<8;G4BH=C4C:299:4GG=90CL??,;B9D8:<=D6G?E@;BJ?B5O8H@:?A@?EI--?AH:?B?:BBBC@C7=?8:@BC@=AAE=:A@=$;;@A@A=A=F::FDBE4N:IE9<CC4FB?5?>F=C/E=@>=8EF7CBK98@A><>=>J>C;<=F=A?FG:BEBAD;?DAFH?CD@=>:B9?4=<DF4?I@>;EM=EE=D;;>BKC9CA<>?27>?G;B?G=D?B?BO@<DB@?:6<??D@5I5;4;I=BA::ACCBD);;5@?6@A/59C=2;C>C51=67DA?;0D8@BD<8=CFC<.@=FH;>C@@,B=;7B:?D=>&<<4;;8?<E;5C<4D>D?F9B<7=F>A>1@B=?2:;EB@7<;>=@<=58>4@;;BA7=:?GG=CC5<;>9=92>><A?2A<<?@7;=?-)?29;=>;AB<<@GC1B:D6A;ADECA=:G<<89<:?<C?8G?<AGC1>A7=?:B7E?81;K<@@@@9?C8B=A>>F@91=9E)@7@?>E@=;<@;>>1>47H=,;*D=EDBD>D6?::?7<8=B6:?>F??97;>B<7;F@?:D;AC<E<E;CGH?BB6D>=@8:?D9AF5DHCC>?FE@D0EB=GB>GDAB7>@GC4=BFH@?:?9BG:D5@D?:?BA>?@@4<C6<A:B287C:52=+4ADBD:ADA:>FA1?%=7=H=5=>56A9HG0A8@<B@?@>D?BA8E=<E@;@5A9?:C5@C,;9B8<DC29=6<6;@JC>.:=7C>E94(@3>@@>FD2<1:0<<A>@>/9752J3@CAH=A.8?-5=A=E<4@5@<:?B<CE1;:=88;=<2:@52=9?<C>68<,:C;DA3@BC.8;@C.9%BDFG4F9KA?:4=BBECDHACEC<D=AHFB@-H=B9A<:<>C<8E?3@A@G>G<BE:9<>>?6EAA?<:</3=>6479849>B??MDB?CB<CCFB?5H@>@?:A=EC==DB>>FI=AHB>@6EB;><IFD2BFD;?H88:E9=92/:AG=@==K5528<>=70A=39.B9803?2*@;:B@?B8C<>?76;=D35;4F@D9D,?<>:F<6@-69:73<<7G0C7;1D7A:A>>8D95@I0<7?8A:?4F7B5;@>=-D9;F@=;DE:=9>CB:>BDCCG>::?=FA:H8BCC;DB<BI<D;;;MAB4A6E8A@20989HBG@C??8?FB7G9EIDAECH7C>?B<BAK3=B:7A?FH<<A197FF=@DF:EJ99E?D=G<9:6B>A4<C6E@>@3C;>996;8B5D@:I>EB<>CBJ<571??;BC?:D<JDG<@3@C@>?=BA69>;@@5?E;;.HEFC9CDB<F8C=AI;9E8DB>:@848;LN?/;=4;DBC8=LKNDCJ@C=:8G@A>K>>2;6:KFB;A@?EFEGEJ9CA:>G39?DRO@IP6FC9I>?CBAJ9;ICAH>8DJC?E8CC:<8BGE>KN7DG>BFJ?GBEE@HG6LMMGGT4.FEKGE:4?=>M@6E@AMQ?O@=?.=:Q>BCK34CKBBK;A?>EI9>AMAHE6CQ?>G:GFFJ96@G9>A<@E@PMU0?FF1CN;4?AA85@;:H@4CIB?</CC<8EGEGC@B9HA>G7;?G?E?RIB?08C8DF2C;H?@JAC>OQCF@?8HHB=<@A;<<EEGAB;=D?BA.5F>8;K?=DDFG>C=C:>C@9=ECKA@G9VHD?;?@A@E96BC56-H@CC@<A=C>G>?C5B?@7:@=BE;A=7FBJG?7>@8HCA>>A>E@>1CG88?AJ=@B?96>A?<HE@:I5AEC:J?P?=9F5883:<)47,0CC?B>LA?;;K>J8D=@4<B7AF47BD>=<9^@A??FH>=<CA?B5:GEE@I2FH636=@9;58H<B>@B?CC4A5:AA4?:;@8B=<;>HB?CAF6J<;DFB7?@AA@KC<<F65@>7@:C>IG<==<6?8?@A9>7AE9;:DG@4F+8*<B?=2=A9;74@62>E=9>A><D?ANGF5BC@B8E;EE78><;AB>D<CEB:2H=D:EA7=:B8A:=@69@;B0>8CCH>?@C=CC?AG=E>1<=@A>E?;3@A>=J5:A:C=::D0@AB9>==FBB;:AE:82G>8@IA?;FB9:>00/;5=87@,E<HDK99@<9A?;>BC7FBA?A2@=BI0;1;A@3D@B??8G3C?;D.B=<97A7;A<EB?:>C@7@'=AIB8@>464E=C>>BC==C<HD=@<?B@AG<FF@=BD@A=C=EID?=:7EH>=C?@;D@0;HECDA?;;7E799GBD8K;B?:AA3:BB9D6:D>DBG:5<<7@8CE=>9C2G/=;H676;=><@<=?BA?B?7A?4@97D=;@A<8D7E==A:?9@<G@<=;>BABC:C9ED@C?5CC;H6,8=7G@*@71:IB=D:@@6?>8GB<A>9G7G>E7?<=<<35C;??<=?->=D#06E??A?K;<?CK<6=F@BL<:A?BEG?5<>BAAJ>D@8;<B<3L:@F7DC=FB6>G4FC@@<<G;=C@CDECD@;<>=H=;28E8D<D?EA>AD;8K6=>@=<8@B>D@?32C:A>ADC<A9B?>DCA9B;<A:;A><>;=>D7=A9979><6A5A>4E@>-AD6;@F;@EC5C:;;/:9E8AEB>B5;BB;@>;=96AE;35C=4@GBA8=FC9?=B<A@9M@7:==6B6=C5?<<91-E,<9CH58#@@?=:J88B>DD?=BC>B:L:=DCCC>5<HBC8?:@E?GA9/F@=>FA?;7>>C<E@BIABC/=B>@F29?G2>CG<<8>GBB?EF?BF0DA>BF?@;C>D@68CG;EBAB=IA90?BCEG<C=D<==>5@68DG5A@<6IHE7AF@EG>9C<JFE9ECA?EA9AC@<7?@FBBFAIAA5DAI;<2NH==<6BE>@;4A6C6;3?4D=A?A8?G>C=DBH>?GAAE@CGHEBFSJ<L@>ADEKAGKBKJ=FDEIFMEF@FJ@J>BI=4>CEI@GM?7FFAC7?GEAMABBABFA8CF?D?CIAAP6CBKEAFMIA<@G?BFDE@5@D;D>=<AIB9FD@GF@D@DL;3:BNDI4F=IADECMKN[;D@:E=5@?7G:JFB;NKM?;?GLKPGE8;QK9AFFAB?@=GABLQ@@F@DCC7>?A:;8IF4?HB0G:MLD<PE9CDGAF8JCE2>PK8FDJAFCACK78;:=9H7I>CHK?D;@HH;=1BC>C7;=6??I9AA?O9@>?EJM@8??ADCA9CCH>)=3<G3D?18/@CBA*<;:?JBC@C:KDB@ACE<DBA<GA>@=HA=CAA<8<HA:=HD>A@EBE@F1BH=CD+DA?@<EA=@D=>D=;@=?;??C8=A<E0F>96HABA7=@=38E?83>@A5A>CDB:2A<?=9/>877C??BC>74=89?==CA?>A;8@>3CAHCC<7;A@?>@<@6?<:EDG@D>14D?DE3><DGF>@A=95CCF6=BGDFAC9DE)@L?B?6EBA?:@:ABB><=@C>@=A??@<3?D4A>4>=@E78;C8<AAD3>3DG3A==;U<6DB<>)<H?E=?;B<E3B5@5?=CA>E8@=8>EE?98>B8C6A?53?ID7E<D<;CA44H?F>?=;=G8AAF=;)CB8D=?4>8D<G?J?:73BCGC76?D>9@D@B98DDH;ED<E2?O>CCA<?6B6><D@5?@=C?+B>BA:>@;FBA451C@;>87EC@:==G3?=G>K===@>;F>BC6B>;;BC>,EF@F>BEC;;;F>>=AG9=9A<7A<8HA5C@@A/LD?2=2;??;A=:B9D2B:B:@A@D=F5A7B88<??.=<*==9>7F>8=B:@?4<AA=2@A8C<A8;BDFA@A=66A>;A>=?H9B@A6;ADDB?A8C;0@81A==:>@<5A>@A;/DC=>;?;B=D7E=EC9<B</D@E7C;@6;=><<:F?9ACC5<GA647=C8>?FB2B@@==CA5?>DK>2>BE?@>=8==@2E=3@B@C@8C?7<<B@;65<B=?A8<BAE6A9<6CB:<:@7>>?=<D=?J?<<?71;3;D7HAL/@?4A::>D>>7F@KD@A@E.CC<GA<@>?8:=?D0C?B?CE<A8?4<A<<C2J8?G=+@?:B=@F9;C=FEE5E@B9@6<@;?:?D>A0DA7D>5EA3?D?;E?@@DBF<DB>>6=?FCCAA?D>?CGF?:C6F1=??G;=HE=;H=9D>?<0DCC=24BDBDAA>-6G6D<BE>D17EI<<GEH.G<3AAC@>A<D,??C@:>B:?@4F@G@=B;3=A:FB@>C.?A=BL2J??EJ<A=F?<==EB<:AG7=CF<@F@=>E>;:;>?DD<5F@A?>;@CCGC>><BBBBFD=>9;GDCEF;@BBC@K@9<AIIAD=E;>CG>4K7DC=KB9E.F??7:C=8@4;J?:=A@><9K==@B9;<1D0CA=1B=15FBBAEAA877E85IA?CAK8??>F;0D87BD?:?=K>.DN>/7DHB>;BFCD7BBI6A@:BDA5:CCDA>>:;@FIDA@8BBI2?<AKHCB2>HACCEDHHI>D?E??95DF;GBBAHDALB=K;RGEJRJ<HF@GE7FBFC;VE;G=RHC?CPH<>>A=OA>@K5GFX;EDKBLPBH:RCCF?C8DF9KB?GJFHN?@DE9;CAG=LPI?=;GJHGIC;>JE>6@A29:FJ85FMKE6:>8DD6FD>8ADIACC>><=CAB:>C@;DS9@AEDF=GEQE?;GJFK-:DJ1DD=:CJ6B:J;JNACFE@;BC.AJE>;BE9D=BF?B:DFAMA@.FI<A:D<@BBB?8=>1JE8DGBH4AC9<<BKC@E@<6/FP6KGE8LBD@8=?>7;B3B;5DKBTJ:<<<=BGFA?A<<N??@B=>@<E9>AN4D79E7:BA>EE<J>@CA>>3;?<<6@A>=<>AC?D@F@>5@S6<?47=I:6@BE,AF78C3>=A?<G?B9C?93:>E6<:>@?=KCE3<:EAD;>FD5CD?:4>DH+@JE?;4C;6C3=>B<?BH@G@?E64A@A@/@B;?6)885CE6G.A6>@?<>G9=D<EEAA>?DC)?A>A?:>8DG>=J@J<E;?76:1=G5;44>75E?=C=1>?EA8D9C7EB4B=>:7B9;6E;3D<9@@BE7<BC@=C<A@?@=F7;:E<2<?A7=BA<AA=E89EA9IF:>:AF?38B?@8@A7><>CB?;AACE@AAB92;=>9@@@FD>.@CBHA4F@?:==C>>:KE=H@?=39C9E9D?I?:CAC@;,@D@36CH3EE6@F>G=CAB;?4>5,9=8@/H-A>>=7CC8919@A=>?7;8@9@HEG@<6B96IA@DBCD7DAB:=?@9.>A;:9EAA::=?GF9<@:8><?:B?G<1C=DFA@<@5?>;6<<;9=<EB5G@@::?A98=;D=7?B8DN@;B>@@BA<=<CH539;7DGA>>BG/<B7H0B7=B5GA9=5@>H:?7878A9CH7:=EG<@D18KIA9:B@C;?2860<8A8>8AA8?:;7:.F:;?9<>;8??7B<@A2=7:;B;=@?D@>D;B<=;@?FA93C?CB;;A>F;B9B=<@?17@<AL1?C?B<C>6B8C88@G<>?H?9G?C9A7;28A?@AG@?@2;<BI=:CB:G8:8@;CC69:;>@4A:<;?;7:@;@;I<?@?<?C5E<>:I=E8@G851?F7AEB:3LB<9C>?>EAB4?A>BB@J>48C:7C;?87B@;@CF)C:GEFBF<:;;E<AA8C?I>DCB?D:B8G3AD;5==DB?HFG1DB=9=@CL<=:2=>@>AD=BCEG=?H?<?B?E>BBCAE??;C<5BA5CA;EFEBF=>B?=+C:@E@A=;;:DEFI=@;7B;H8B@>9@H@3DI??:DGJ:@<BEHDBDD6D@ED3=@EF:5=98C;E@CA=C1=ID<??ECF??E=C?9H=?B@A>@@<B6DHA@:IF6H:??<8@A8>=EDC;IE6C::@@C<<AKC9>=?E?C2=I=@:GG8>?;:>?BB:ABAA6?;@@9E?IK=>-C>E<=D?@<?6?;=<>0DPH9EF:BFF=FDDAM>=BA@:??>CBDD;?EIDF2@DBBE8<EB<E@B=D=ECCF9G?C>CAA<H@I=AC@E><?@D@>GB=@OA;HBA><HAF@;F:D@E:KDB@3CIA<2A=78?AA7RM@CMDIA=KJ@B3F<NIFOF=G?HA@BD?GCFA7:EHEHOWPJKFCI=BDEL=?JCBEFKC@2D;GN94G><@FBAQIE<E7RCECE/;MP@:AROOBL<HGH@EB@F=?@IG>;GG8NEP<P:M@HF:@JDAFB_H>ECCAB6MA<;GMLBA?HOMBBBACL9C?:SCIL-?829H=CCEH=7ECACMADHIE<EHA<DC?@=FU@ADJIF8=L7:/PP=;@AFA6DG:NA:@CC?JDP8GL?=D@C=:KA@5BHA;:71;DF?@EOAE7:?>4?D@C<E9B@?+=E=?;>B9@:@AA;?ABFJ3A=A?0FC;J?27A4CDC;@@6<B=@?EE50FD=A<G1>=>><?=:=89@68>?2>E;6:>@C=@;9=;C>837:9>85?GC>=A7=4=BHB9B6?IG?@4D8-=FGB?LA:@?<E>?A>GE?@=?8DE@>=<@;??FD?>AGK>@>DFD:>?A1A==B3@?C8<BBD*9E53?=C<=;?C??D2?I=CGA>?B2C<I<0<?:C@?6BDAB?;JC?<=83:;6B:<0CBE7<=16<?:4;=@<.A@AB=<@<D>>=K<=@3:A1<37E>@;4E<>B>>D;)D>A?<CC6B49=@:?E::D->FA>;>>4>6@:?8=G48C;I4B;M=+>@=?<*;;9@<>1D>=3A??B79BA<8;:3DB9<A848CC6??79>=A>B7@888C<:FB=E2<9H@;@=<A==9AH7==>3;8=BA<8+=9<F<=CA<<?B9=?FG8+AA/B?=9-.?=2:@C><9=B>F?-G7@3;9:;A@C<99?8??D<AD=:BC@4;>JA<;ACBBC5A;:A??CC;=A?7BA=5?@>B<>C=,19C8??AC>9D0>B;EG3C6=>C;D@AC4;9A5EBH9<A6?ID>5;8=AC<A?@6H;>A;@:?@;@H;=C8;BF?B6:?E3=@B=FA=9A?AIC96=CB<56J6;<=:?EA=F2ED1<?@B=5=C89>@%7-:A;<@7G3:<=CB?D396?<84E9>86B<B:@=9F6><A4@:9?D@@8<A?-74@7G>:@;B9=+><3B<2AF620:DB?;@A<;A2>@?G5E7=@HE?KDAE@A?;==6C;@AG9FA799;C-:8AABFDH?;7AD?=8IH?7@C@:C<188C<82EK:E===6K?9;E9B@HA:@AGDA86C@CC><E9GEC@=BED@C5>>78BGB>E:9,?@B>44BA?;BME><D@7<A?>>?:9<BB7<D:=??EAD;<L<9=G><;6HI>E:?:<DC:BDH=;<8@>E?<CBIE@@F8B>CA?=>>F=BEJ@DE=@8@7GCB<F>?=B<?A?9EEGD8B>9=>??@1E:FE<>C@?8:F<4BC=B9A6JH<?B6AA>8A?A?CM>?IDAH@CC?FB;@E<B;CHG@>=ED==AA7C8@BJ=>=L7=3B<9??:EB;?FJA8?BFEFFJ0<C8;CAAD<AD>2FB>8<D;6;=KE;F@EN@;MHF:C>H8N9B>?C;BCC@F98FGBDA@<CA>JAE6GAB>HD8CC4>@<@=BBEBAI;A@<<9A;B@@=A<CB=<?<AAG:H=<;J@@B>>H;6?G>GIM?BI?8H>FEGSHCJCBEDMN@G@AB=?I2E:J=BKG?7=;F6IRLE<DF<@?MQEA:JQ?G74IA9B@4?:A.@GCHG@<?B@Q8DH<;DHCI:DJ:EK=?BE@8:7HGEHCF>KHKC;E>J::H=OKKJ=FE?MAJBE:D?FCN@<>R7NKJIBB:LEDO?@CAII9>IBBGQ@INLSID/KDN@K6BL?BHJCKKBC?;H@BLC1F=<A?D:@9/:CD@B79LI;C>JF;LG<BE@J:6EDAL<;?BF8<H>@FEG@IF@L;>@>B2=;G<BCI>RA=GEAOKCA<2CI:A<4CAC>?P3@A>=<CH<7D<ABBD56:G=?NCG9NG/=CB<EG<G1:C>H>FB7*;AB:D>9?4:5G?>9>=GI@/H>A?=7BE:=J@=DEI7<EEB>9@EAF5@>@81D><DCBG>CA99DBK;:HA>@CEB:H9A3;BJG9EH<DFEAFEAA<C>>>G>;@GD=8?@45BEG@7=H8B@B;@A8ADA@::;BDFI40QDC@B@:08>@C>>GA9@A?<@=.A4<:6>?D<B=<8@@5@CC?B59@6A578>;40:A?47=@ME<D?8=C/51D>7P?7::O(99:29L3>8-<D?*4E?;<=B<3;D996A94;?9<;;:>@;<5A9;;6?E>?:>>>>A5D3@>;0:E;7AJCCE>A>@B:?FC?1DB>?=B7>>9?7C=7D8E@:=9>=4784D><<CBB-JBAA@<;=<C>B?8;G2;39>=<><84DA<?C<8LE6?9?>>A?>9B9@9E;C5:18?BC:AA(=;??@;@95/??>B??=CF@>99EF;69B?;=ED>?<:F66?;=@D=9@:<::25>D=@3B9?:9H><?D?9@C@G66=>>?B8@@GGEC3=J;?:=50C=F>=@<B::>@;@F6?:A>B/6?@-<>6;@9ACC@5=.BA;5C2?28??@9J7C?6AE0847@B<G:?AC<;=:F1A2>2>=->;>8:D>7><BE>G@A<:F7;>9?'?@4B?>;-=9D;>C??DE@=;A@?:?<9:=757=DC7C8<@=B7=5C8FH4-A=C>F?9<A?@:8K0BCDH@7<BCC<BGC:5F>HA?<DD>9EED?C>AAH3/FA?CG<7ACCAAEC=:BC76<AD<B5;G9>F;>B=K6;A8;<C4A>A@LHD:<;9;?::2EBAE<?8@;BGA:8?=?EAD=997AC??BA;;BK@@=@;B<@=;>LA2AHEH?A:>25GAHD?CC>:&>0<CLA;@9A79/<ED@9?.:E@D<:9@==<7>8@CE:AL4>@1@F=C7@?:E=@3EAA=D??>E=8C<:7B=;8GEAEB89??;*@=98>A?8=B:A?@D@DAKF<<B?G=E;B?;@EDA16I>;D6@?C:>CE;>=A<CF6@BC<.FBF<7ILD>EAD:HGB=?=D=AH@=DMG5;?@>IBHACB><DMAEB>@5E::C<?;E@=3C7?BFIKFAABG?=AB6D<;?HGAAD=BCCDH9?E6@BDH5ME@C<D<@@>=9H:>>7CFBD?7<>@@:?>@?>@7KJJ;ACEE;B1B8DJA<84@E:;A>H:GBD@<8AA>@=G=E>?FFJ:C9?NO?C;EK?HKKC<BF<E@;CB?3@N9I78CED;G@JAKL4DBI?AB@H9II?F@:D=NEJBE>5L<CIEIB>HABH@JQFLCC@JHd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f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f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x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m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a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b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l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j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j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g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b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s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v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`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ytpolp|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�ÿÿÿƨ’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ÿÿÿÿ°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‰ÿÿí¤rm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sŽdm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cF@BE6CGDHB><BDJLEGAI<>G;@8@AEG5>=B1BC?C@K@=FLH?C?9D9;G?<889KDGH?=;F@AEF<=BBBB;CC<500ANHE=9J>;D=EF<:G@;I?3.9,=87=I-;,I?5@=3?;?2BEC<E@+?ANAAA<F@:9DF>8A>G=8<A;=1KAAA92E:@:@?@6AAD?@8;;A?7>767?4A?G587BDE1H4=@?N@,H;?BD>C:?C=97JBEE8A2H9<6@?=0B:?2769=@:C;;A59:B9;=D?>@B=<.88;?D9=DI:;??9?0<@@D>3EGA>A4/F<H8A87A>HB<=B?C>DD=GDED>=DD@6AC8@A?F:E=<5?J?DF=<BC<AD=8@>AA=:?7C?;:1>LA7?</CED>>@@66>6?FCC6:>@697@>B<7B;;==CA190F0D5I;9<?7;89>9=?=C<7<.ABAA5:H?@9=B<@<I=3@<=?7?>BB27;;61?DAC;9CD7?)=CB@>1<C=<>8BI<94H>@GIJ=:?EFF=@:@F@DA::>;;.:CDGCE=B6B<878D9DBC>/<:7>9-1;AF@:B11=@@@=:F75AHBD<?4PD<9?@FD6=6B?7EB:91EE4A?>@=B=9<?@9;@I7=>D=B;=<9:AA9/H<B9<C56;BC7=EAB;?90=$E5B6?*4BB;?*AG2=A<6E@;>281=>;4;;6EB26:>>@B5;?>806>=3=C?;?2>5(;8,7CD8=A57@C;>?0<<9A>B;7:?>E6AL>?@<:/AH??5@6J>B>;C3?:?:=>FD-?:===A6;?::8ECE>??<?F=;>?E=EEB=@=EBC=@?<@DCE:FB9?A>>A3<BABG9><B:>:AH@;FAD7D=6B:7=F>8B:>BB>;@?B<<5BD7=/?75@??9=DG<<;G@AFC?B?>B?F=71:>:;D;><>:F;;B@:>A?>?9?4>B9?BF8D?==0D1;FC>9E8>@A6?DHA<CFC:=@B5?@H9C=ABC=-C=H<B>?>/@97;9-7<:?D5=@A>>:B8>@:D@G;9;?>4=;<?D7>?DB?3C>??FA?8::>=4?B@@8B8441D9?FIJ/=6E7C<CABA>GC0?D@<A@:C=@?D>49E:B@;9)<F@C;><C97>J8>AB9:6<E=<C??>3CDDLD@5BC:??;;62I56;@=;;?=7@A><<8=:C;D9@@B=F?=B?CBD%==JBA=?55:B7A;3<6;1E9@6>9@??5C;F?2B?::8>E8:=<<DKC:B;5BB=B;E>>CDG6F?.D*A=5<9C?@5>=C@;A693=@78B7A:B@1@:CIH?D3C7?9?GFBI;K>@DA8??<@9/:47B@@A/8BCA>=<@?;5B>7<1>3;A2GA>ED32F@:17CD:@:@>A<;???:=<<2?7FBF.9=>3ABD53CA>7C=63>47CE/:B<685><D@C;>H?9IBI8CAAD@;:I?D<<B@BD?E8B@B=BA@8?DB1-<?ADBH5@92>>B=>?:?C@=2@B@I2B@6DD78?A:BB?<>=B;G=HI@B<F70:7KC>>CK6F8GH=<3GD75;HEI8B@C;?AFAD;9@@B9CBA-CH88>E@<7F:A?>K7K9BB>=BC@B6DF>=1DA4:ECB=<>?<<?936JE(@HB;:F?JC8AHB=FC?B/78B@G@BE5DBDA?::@F@=8593A@><9>?2?;7E7EK<FDA>?B64=3975A:7DA:?68AB?74B=JD=,;C@FMG?=3AA98G?:EA>8:>;B8@CCGC:<B9;4:3E7:GB>484<DE<7DF?C>4#76748B=>>98@<.>=<=>ALF<:;<<=8D;F8B;D<FC*@6=;>8>B@8E:>;;0?DD7AB;6>F?@HBA><5A@G=?C:<0A=:9AE9<C<:6CC?1?>E/B9JBE>B:99GC.=G>JBG48>=@:/<6;=8?A=<@8?2K?9.;=<DD59>DC8>=@1A66?D@<?>@1A4><<1?F7:7459E>8<<B>A8;=$8;84A=?BEC2E8:9H=<>7A>9A>@4E>:*D8%H@FC:6D=7AAF=F:@=:>??;?;=B=7I-<C/BC@?:D<FEF?C<AF>F>?7:?7F;?,D;?M?EAD@@C>A>?=::CG=:>9HC0E@@@>78D?3;;>?=@@8C;D?=<B@CC@?<9C:4:D?D?C87@A=?B9=/B5A?=D6;2<9AB2:BA=@D:B?@:=E;A6EHAJ><@=F0A>CI<7DG=9@39C8?AI@:>C75<=K2ADG<>A=<F;?=7=*:A5F9:/;?C82BC9;9;=<@/7>19G9MA4>8#>C9BC?B;G83A8E<=?B9@:H<?<DF)A079<53@=>A<A@:?>B=05D?@??>:<@=?;=@??=?88><>EB?<$DH/>BE96FF=GCA@;>DD@49@<A>7=;H4G7?@A=>>BE9?A?@B9;AF?=F<<4>AEEA;C@>=:0HA=@B??<@G?B<92.>9?B8A=599D-@.AHC4@>=?:C>????7;CEC8=8=6CI?;67?D3=6DF:=<@8?CB>A@=:FD>:>@>HC>/>>5@?55G::/=AD@<?3<8>@C?HHCG;B<@<C7A:EABE>?479@?;D<@<B8>A25=8=:84GEB>=AABBA5>D568@@=<=CA>@:@=>14A?<8A>=*9=@?:5@=BB@<:9G;A=C6?*;E=?5?9>=>4>7:6:F9@0==@9:2:;;<9A<B:<>;3GEI@5BF<DD:9==?<@-9CH=1C5AFHA=A>@?<B=BJ?E?;4CB3B948<6@58;;?D>CAA5=?<D?<<A0:D=@=<5:C9=54G<@::;A58<:<@A;38@B<9@=BB<=3C6;=FBEG6A94EJAEM:FB>7A1:A779@?;D><C?A@8?/:>BCA@C;6>=<1=A@@CA6E>B93:DE@>@A7E?A>D3>;A8FECC>C<D;FIAAC:=7C??>?=;E@3:<F>AF9??G;=<BDFA3C9A9:@=:A@EB5@D@?69=B?@4F8=E>4C6>?A?;4>@8EA;HCC@CBE8A?C<BDAC;BA<C:2:AG?G@>BAF=?7B;>BI>F;9:F5G=4B?9<=@2CC@E>GCC==2J3E<2I7;EFF@58G@=C;93>?D66?A@6D?B<>;7;D?@D8A?>>;13@F=BC<GBD@49=F277<:>5>EB=H7GABD;@GE8K.)==C89ABF>1?DAB<DEHJ@ABG9>9-@B=G@>C>A1=>DFDE@@>IF>=@=AC3AE=L>KD8?6>2=DIE=D@>CFBH/:E>A>7DJAD5BHHBC49=8>8G,8DB72;84DC;BF@=5=8DB8;@A=?;13H14?><4?B=<@>FED>4;;<8H=?CD20;=;8C=9@C2D;3=F><:C;D<DB6@:J>D8DC;ECEM;FAH?B<?>>887A/?;FHBC?(5:7H>FFDIFBACE<?=@AHA)FCC2;=:?765CFA;;7B=D?CE>>=;>;;G:?B7=:F:18+?:JA76D9;;BF.94:B::CA3A;>A.933>1@.2:AC=A?O0A3>>=?65>C?86@?6B=D>>4BD8?;<=<>3CGB8?=F81?B><D1<;=7;25;6<?6>A65?C5D;:?88<;@>4E@8=8=A?<;ACCCDD>B2@CD7@58BAB@5??A9;B;8C;D5C>=A?F>AA?0>@9G5=@:=<?>C6<6>B<83>D>>A:>D:?&>;<A@>;B?@A=95505?=2@?=6DF?EA67@<F:4?;<:A:<IC<<:>9B@=:;=9A;E@/DC?@>>DB7GD>1D=?AAIC;<=B7A=B4E6AAEEBE?5698;<@=??A=L4H:@4;A=;@?>71=:1=>0A@7C9?<6=8;9@B8DD8>@;=:)5?=F:8.:BC:D3;I<=B?>>>=:A3@<@;B?AG:9<D@H<A8A=>4G39B;-@IA<:G>?;>B7?>D@37;01B@9<G0K>@.??4A>B7>3CF/@:851A?A:>>7AB>D9>9;K8?;D>B59GD@:388I@<>>2:6ACDADCA><=4@F=;F;4A?5:B88CB@G9+B?=CEA6>=7:<>?C77>;@>ACK?;:C@7A=3F8FCGEC5J:9G:5=;8><DB<9HCB<>=A8B;>6@:H9?:5E<>@?=@<B:AG<;9:H8B=7>7CG>=4:=FC77B;DA<8:<;@477>BA?@;<C=;6D;<=@/>=4AA19=4?H9C4?F;>?F;6A@89C?;G@@9<A7:4:895FG?8@>B<8FD;C53>=8:@G?5>>CH<?A/47FE?9EFB:=<A?9;D<AC><C:A4@?<C>JG2>>A5:>5=?EB@<><;8==:D7AF=D?<9CBCDB@;@C<A?;@5>I=A3A8C7AE>=2@FA1<:>6@H9>=>:E><8=67;3C:B;?>98G8>8G4B5;:?(A5AEC9?><B=??B;9?5GH@87>C9<C9=B<8@>@=)<C=:EACG==;@7E9C:E:>93<:)=8?3E>?85E6:?.D=>6C9DD4<<?=8<?:'0G;BH8@5B9?HJ=5=;AB<4;3?:9:?>B95<?:CA3:>C;I75;C>=D=><:B?8AC>:C8>A@A@C=77>>C<868@>><BA@:7>862?F9B<BC9?FI8BGB<6;=<9B;CD1B=86=;;<4I,>;;BBB=A@?32A=@>E7?;A8@E<"/H9=C?KA8<?4>7:=<>?@MBC??6?@<D<EC;F@2>,E;@B;EB6<@G;E@<C9@7EC?9E>?>8A<<CC@;:ALDBBC>8A=F@2JDJ5F5>B4@99>@DFEG;IC@A9E>A@69F><>@?BB/CAIGAFA?=6:CFC><8IE@8;FJEEA==9>:?9>=?AEG;=>>9<:A;H3?@I1B8<DI@8>FEH?2A5>@6<>A@DLF>4K@0B6DDA>9B?6469=I9AD;69<=2>D;AA619C;A2)@5CGE9EBBD?BA?9?41ADM:B26A?G:BEG4?C>7=A0>;5@B??>?AA>B36>DCC1D?AA7>6:BE;>78?;1EA<2?FG@===>=A6A<>B@=?09@9?73;4C84A=9;;;=,CF:=5;8:7A@@?7/:?=>B??=<A5>7+>@B>38<8A=17B;B:H;?D?A?F3?<=B(E@<7?7>@=F8AABK6=<<7=@2>B48HHF2>F'G@D>@7==F<D<.A>E49KD@7;5G789;CAAC<3<>54C9<>AGA;=;A=9<9;?=CL>CB/A;?D?F?A=;<F>BCC;*=B78=5HD<5>GB@7=N>A>;.@<?9?;:?:GA5B(C:E:??69@6D=AA;>=B>@;@;'<D?<:>8>:6:1<2<A5C;89=>=<<>=>9E8>@5D;<A:@?G2@68:@?'<D?:?<>6B-9DJ;FB9@=@<<B;B9EG=8=<;:=:=<<===:?2:<A->;>FEB6>>B?<?5<DH?6?<6;:1@>B><?B>?5>===;:*@1-GB8<:DC@BB7==D>GE5D@CEA@;>99:C??9+=<:6;?C5=7A>4>6:<A?96;=?:B:7A9-D-8?F=A<C?@7A@=<C:4A@@8@@DED<525@:DD@97=B?B>;;F>9H90<699:DA,@?AHC75DC=A>>=<;>@=<5AICCBE9?>@F<=F88B=>A7>=B?=6<@?59D9G92B=@;A3A<A<<C@@>?I@;9=6A?@K<<<G6>8?A?9C?:BA4;<;>2;7=B=9AB9@HA;EDIB=7B@@CD=J4D<?7=:AG:A:?9=5><@A.C256E?AA*@@AI::8>@A95?C;J3#4B:??B??A<=E>6E=>;6:6?<;=?B5EF8:B5D?F8:9?4A:9B@>7C;=/@>9BAIE<</CHF=5DBA7CD59G8F;C7L<6=?CDB?B;@CIFB.?FF=?>=A>H?AD?@I8=D?D6=82?CH6C=4E667EA>@:;B;=A=?@C;D?@A3=B>F<9DA@C<>?&?D,?@:?==93>9A4G;@<CD=FD9B?DC@7@@CF<6@=C>EBB@=?;E62:C>?B?/<A=8@60>D<092@.>D9=@?=F;>?=G786@49D8C<9A@;=8DB9<EC:@?D>C75@D1=557B3<,&6@EC;G<8?;1JF45BA7K0;@;BAB4E>24-AA@?E9?@@=0:?@<::?9=+(FF:GE@6&6?D@ACCD7;?:8>*<>@C=@DG8/CFL?>D=@>57C6<$;?8?GH?=A7HA2?.:DAD4;?=<0EF288@?<H789>8<C0BI@?6@@B>J9@<5GJ98=C<;=8;>9C1.C@=C<H9??CEA8:7<C7DC4+D@;>:E99>A=FC>A>@@:=DC:?;=?A69<>CGA:F1<64D?=98A@5>AIG=;@C:>F=C9@E69AC;@8F9<I8;2BEKBB40A?DCALB>CF9?ABDI2@CD;B;?=EC:=C@:3M8F7;47CA=<?KF=89;;;?@CC5F0:8ICL?>@=>B;C74A@E2<0??ICECFC)B@6F>=<DBA<48;9@=2=@?@0=JE88:C@DD@>?<8<7<C@==A9?71<?:8F3>=?I8>>@7?<8@>8B7J48<:G<>J4>>59JJ?DA/9?E7@-7:;<.=8FFC8<GAD;C?<B<5=@AB<7<=?9?@E@<D:>;BB=394AB<=B3C@JHHE7E>A98;=C:A=6<E/=5?,=;=?>BB=3<>DB;3.=>?9B</74:C;<GA.#D@?>GC=D,@3B7@?BB<B8>@?995<;@A>:D<;FA;?7B80=@C8/F?DAB4>HC/AB@?FE3FBA@ADDCC6G:8A?BOB?G>6=<BA=<??>4B'1>DBBD;35I??D;AC;?=@D?=?8;<:.>>@9<A@:CE@IA>EB@9<@=>A?B>;E9?2C=?H;?B;>ED5>@A>@?>96A;A9?349;>=3@D??D=;1C7<F><;F7:;9FB;>;7A>BBA@A5@<3;?A?>;B=0>=:@=C;.>A;:=<?8>5?=79?<??2I@IFE=3908<>F8F8L@@;E8F=:9C;5C@:7A@1=7>DE@H7E=F;E;=8A7E?97>B4&A3D@<2>D8B<AE=<<57E>=7@2=F@BF8></A486I>E16:A=>;<9@:>=<9>>8@5=:;@@9H=CD;F:E?=E/>;8DA1B;GE9>H3=2A47=>3=?C@?=6@@>B68>:FA=;=D>=:;??B=;@4BAA87>=@?B@G9CC??C;DCG@>C8<I9D-=8@>DBI;A<9<B<;=CBD@;DDE>;9G9<D=AAFB=B@@?<?AC0=9?3?@>9:><FBE8><9=E=@AA;A<BEB:;??BA5:;F?D>F4@AF/>C>?C@9::FE>949@@A@CDFFI7<=B@=@D:@CB<@;F@9CB6<$8?=;GDB;>AC<B:>BJF9=7:?@A0B03?>9A7#8A===AE7:=E=8?EC;<GB>=4<E:F>C<=EA<JB?B>@A?:ACE==>?B=6<>:BDE5<?AA=@DBGAB?7<===G=E@D;@<>B?D>26K@&AB@A?=:<E5>:>=A;?=D@A?;@BF@C;?@>@??<@DD<?=@C;@FGC<A<@?F@;E;F=B?7??1BC@J7BBDCG:CFC@=@9?1G:J<6/6D=5B1:8;3@9A?=9<HCD;36>J<8@4><8C@CDE7=>=75!C2C@?>.I?D:43AK;7C;22;38>3C;K@;;58E2C*A8>A:FC=@:G;:8FAC?<?5@H>;?(:CE:C7CGC4>E?;679@DA5<:=F7>AE9DDD?CAGG?;D;2ACDE=C6@2=63<C>8;:<<4=7;AE47E>;GF*CA>+<@=C6BC399><=<@<<6AA@D@B87@A:7E,;@I;FA7<7@7E9G.D4;?CDCDA@3B2=G62@F>94CA>/<>ED>B@AEGG:=HCIBF@IDC@BEB<AD?8?KAA@D>ED?EC@8?D;6FCHDFEBJ=GAD7>@O>6KAG5>FG8@@@C67:DAK=G:IAB:B;=;:AG8DB>HF@<<@7:?D6?CD;GF<<DG<=686BC:L?5G;B>;=:C@:BE@AGE=KB85C>C=:;@E<6=<<9988@FC8@8=5.BGCD:?4?;HK6<LBH?@@JC68EFC>8B=3I?BJ?L1C32B@G:;GA9AI;8BE6?BBC,GA<?=<DGG;?F9<:><8?C>=@C685I6:JD>:<AA<;C@.JBA=<@<;=D7BA?B@=:=B4BFCG<C=9=?8>DA0B<@*<>>C3@7=>>9F:BHB=>;?;>E4CA6;C=<5>>:??CH.=FG>BA:34=:<?;==D?B7>:78J@<75<D-D=+B==;:GDCA;;1:>@=D?4A>BG<9>?:><BD:;9I;@=C<3FB,1;B?5DC/B>::1B3GA>3;84+IA;D<<F/70I;G?>2@BA;8<8?F=>D>>?4C7;:<:=@4H7<C5@D887?J=2:6AC@???E?AB=4>?;:<FB=4E9@8::@C@<<A>74;<7;4EB9@;<<?@>79A?FA8EC;@H4=487:;D>98@8C.A6(;9C@B><E79>>@>@7:4>?:%=44BBB>=K1?E<EE@DB<<9=>:;:C@@C?BB%;8;B7>:H27>:FF@C7F@?B>JHG?JB=959CBD=E@E901D@A>>FA;D7:0?@2DB4?BAF=.E94EC>AB=A8DD.?DA7@<;:@9@>DB;8<E:6=>2EG>>C;=B7:AE6D?5HE>H;D2<5=?BAH:D@>6@>9;@GB==E8@CAA:EF?A<=?<9C>A1<9<5D;8<B<A;>?6>ADB2?>5;9C-@;8DE==8?@=36;:@8C>2BD2;BC;?C<>>8@?8;@6<>A><@?<DA=/><>B::D>3=9B>A?9@2:7:;?;9:L=>=,B:CB;@/>?>.D04/?>BCGDF;6;==?>B84;A6>/GEF;63A;F8=J?2D=D>?7=<@99:BCC@=@?;===B@D;=K>A=CA>>9EDA@<A>><AB><D@EA@@D;<<=@G;4I?2CG?HI>5<?@>;?;81IA4;DA>6B7D4=HE:9:3>C==J72;9@E4A:6;>6:><F?AC<<?CDDEA&84F>=?9<B<=E<?->BG;H<EGADBB=3:D:D9>:@7>B;<87>:8;=>@CD@=@;>CE?ACB9<>:@:DB;BD32A?>5<6E6<<BGC<A54;?@B9BA?9>A<G=B9;3@<>=C@GB;D?6F=D<BBD7AEC.</<AI;@=A;B9?;6=9=<K==@=D>9C5AB>C9G9A;D<B5>A;<F93?D5,718:=;C>:9>7:CF68A9D1@AC>75+CD@5/A:A?A4CA6@:.:??1#DAI72>A=;C:?<:@0:B@5>:<:@7A?6=D>:6C:>B9=E;@=BD?7?@9=*KA6E>;?.B@H<A46;<9C?<>:<=3B98D=:6BD?DC@7A<H5BC?@;:CA1><<??B3;>@5;@B9;07;C87?G<>CB><98:7?;I;9;:5F8:F@5>BAAB</7:@5B>7=ECK;<GEEGEDBA?@?CF<B@3E8GDA>??=E>?@?4BEC<5B?B:DAB??@@<BFBBAC?B9A?6BB;6DDBA.:CI>=<6<:EFBGD=;FGC;C=?2B?5<@>=HD1B.@AE:C<HA2>=;@>C>ECG42KC;?F=BK<>?;B9FF<89BCGH;FGG747QE<8?<9I>8F5;<:@G@9/87F=;;4CAHA?<E>5:;3:<A?9@ACD73AH@>2D@D:;BB<C;GC=K@<F<AAD9=B9?D?<AI@ED,:<@BF4=1:;ADCB1FC==45?@F5CD?>C>/7=C1DD8<@<=9AAAC?<=;?>9:DC<=I<>D<939A@9ECEB5?87=DAA?9;=:B=H?<=@>6?@=96>???B==;<?4@D>A4D:1D7?5:@0;?=F=:=8A>>FB<;J==@B?C@55/?;CB6ID8:BBN9679;?F7<%;B9D91<:??<:63@@:A58C?:#=AC<@F>BDB4B;<043F=77F7856D<???7A;AE;;BC=LE9A6?ELGH@?>=6B;==?@D8;<6;L?D=4=:D18@?E?>6?EI@:E;<27B7EB2><DAE:<H:=;?>9>DA@?1A;;<E<:DB=<94>>@;?B=@C>>:4F<>>@C7><:9:E=4;D=;GA<?;98CD0<3=G=@?@.??47,=>9:<=@<3C@C6=9<653<9I:?,/8B5>;@<9C?5;B;4??B=@BQBG@F.7;5=A?F@<@<AB9B<A>;B1>66>A=>CEA>D87@9C+8A9=8?9C:?C:?>E<>=2;?;:73A>;3A>AA<?;38==BE:@3B;=>7?E><@=;@@<6;FDA5B=4;@;<?@==;?8L?<>:B@<5@7F:;>3?G=A0>8>;?>>>;:9:>5=:>=8H?4?=1@B7=B<:6C<9CB>D>;?;9A?<E?C;>.?==FG@-G>G5=7C89B=GDB<=E<GC=@@;<D>C>@=;@=A>4=C>7@B>9?@F?BH:<;E?@;8@=BC6<:38G9IA=D=<I7=9@7=A9H78A@?F?@D@C>F>BE8@A?;J6CA=@@;.=?DB772?AD<D6<<4B?CECB<@?<BE@BE6==7B=K:F;?A?BA;D+DAE:?:B;76EC4;H3A==FBDA44:==;9>3<4/>B>;@CHB8=C<A?C<@<<AB6>:59B5=3<:@<=DCA?<6EBB=>AF;?;91=BHB<B8EE=>:6;3C9<>:?B-B;74>==@@?E?9>@;D;8;F5@F=>B@C8A7G>E:3;7-@>:3<4?=959@DA;CD:?9?AJ4BBE>A;F9BC6ECGEAD6@673C6DF?:><D?/I;;F?=<>>H@4A<>J;C:7@>E@85>E0;C>@DA2K4B>>B,0@B719AGD?=<</@BC9=3/E;B@1<DBA?>G?;5:A?HA=@8<:9*2A82B2G1@D79CA=9F9B>A=ABI:A:8G8EB<C@92G7>BF?>94:=?=B==BCE?>@@EA??JA@@AD98B>>>BDDFG<DD;G=B;@>@:F=2CBA<?G<IJC:=97A?;A;:?IHD2C=>:F@;=@@9=<C@<D>9??FB;B7<B6397=86@HFAAF=D:<B8?=;AA@G5B>;5?<D?BJ:,=@F8IB@=BG>>>E?+@HA@A9GC=D;?8B=>IB<D0H@199:?=;=;8@A::B>J?HE>D1=8<A9@??DEFD=F68FJ;GJAFA;:(FA6=<5D7CG:0BAE7AEEC>86GD?4:9?=<;IFAI1<=@CA;;ADI9@@<G@CG>B:?BJ=@49KDCC>?@??1?<AAD?G;?D>A>A9=6=CAAADBCEAI7CC@C?>>+HIBEA5>-4@8=C:;EAAHG;JA>DC3?GF;@1?:L=>:2B?A7D<19:GG@9=<CC;B@;E3@>?<BF77E=F<=?;:CBC@;BAF?=@9J=F<DEDC:>A>C9=<?>AG?7.<BDD49CD7<K=?C8D:>;@EI<=92B<AAH;=BM2=BD;:>J6=?;@<70@86HAB@ID<@F?E@5@G4;AD?=A?,<?<F4?BAEL=E<F7>::@G@5F2I<DE3?F:C@>64?8:=<3<BCD7D34C@2D>6@??9F@::>5CB=@?DB@A;E>AB<A=5BBB9<7<)CG92EB>:?=75,?8=B>CG<?;@<A9B=>9=F/7G=F>BL:D.?<AECG@;PB?CA>A=?>BF=D992@7><GC;:9BAA0DBA2=??A45EA>?=8J*A=D?F,C@J=D@7<<6?A@B=@=D99C7C3B<@:;BDB?>C9=;AC:?>4BE@?7C>A><ABD7;/AB8<C;8DAC>C=9ED4;@;H[ZS_cPH8>@G5-?>:=08>>E=><?>=><EA:<EA;6=D<?B9<>6?A@<F-24<=A:A@@:5<HD@B8<>@>@><@BBCD8BF<=A=@B8=/:6?:?2A>/>>A?=B<>=:D>76/:=<=F@6=E=BC<=BA>=I`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fep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gjd˜i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uy‡�™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mt‹ ¤Ÿ”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d‰»²ÃÍ�m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v®ÎЧ¯sk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™Ó¥Ž‡€Žb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c��¦³€{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z‡yw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bm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Š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c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e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g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`Xe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y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`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
V
â
•D
ú@¢RB


àªa¢

~F=¨
)
JÌB¶
0
˜O—
P
Â
G�

�
	


B(J@,cعVm²
Í5a
š


&
Z


$

Z
T
+
'
E


#
+


[
ö
]
ºbÊ

˜Ø@Fx
D
Ë`tŽ
vú
8
�
0	:
â’L
B
ý
r
d
º
Ë
ygú
;
¡ód{&[ä
Ä
ã
z
#
r
8
B
þ6
Ä