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:98456518                           0                                    NOVERFL:-1                     236                    0                         MINIMUM:0                                                                       MAXIMUM:3596                                                                    NONTIME:0                                                                       NLATE  :0                                                                       FILENAM:fastscan_01_0151.sfrm                                                   CREATED:18-Oct-2021                         12:20:20                            CUMULAT:2.000000                                                                ELAPSDR:2.000000                                                                ELAPSDA:2.000000                                                                OSCILLA:0                                                                       NSTEPS :0                                                                       RANGE  :1.000000                                                                START  :150.000000                                                              INCREME:1.000000                                                                NUMBER :150                                                                     NFRAMES:180                                                                     ANGLES :0.000000         0.000000         150.000000       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  -16615     -1502      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  :811.000000                         646.000000                           AXIS   :3                                                                       ENDING :0.000000         0.000000         151.000000       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: ...............................................................8ADDHF92D57L:F8<F76AB=:>B9I>KDAL@GB=/DFA@EDELB4->B?CLV<J@D8)@6H<;4=7:LL>FDB=<:M>D?C=00@J>;CCHJI@A3;>/AIGC979*>0FCA9>8H?I8>747@A4D:@J<:=ERFD>D+L=CH9D82C<>@GSDGA@D6I@C?H:MF4=B-F8H@E4:CQC';<?C?;7.D;LLT><97Q=MI,@J-7/B27N;KBN=D)/<F?DDH77N6C=KEI=GHL=9<1BAC4:8@:9BJ<C?8CE=983B6A<5?L0;H7?<>;AAF9I?>G?GA;DDCCE7A;FEH:=>FE?BA;FM<:;=3;DFD2E;F4AGE@?GDB9H<E@B?<C?2A7+1GD:A?7E@9BB//IJCB;$7AJIAEBC;8B73G4@O?BC@3=@IC9;><==KIRMJ9;,FG5KE;FGA9?<>N44M6IHBG78HA>DJ;@AACBC,C@AK@?D;G@<@D>3<I2D1II<3A8;@><<A?BEM6B<;F;JBC@?E<==KFJHJBDIFLJBAFH:LG5B0;CHF6GAD6AC:PI5LL/5B?=J66MN489LF<6>LYG7:MF6:G4=ECAKBD@:B9DDBH?ITFAH=R@GLA<.@I7F>8?@IE7GJH@OCFT:+@I>OA?7@A46@LCHDCE?JDEK9KFNA;C,@JFBH?L=KJ<D@,J:2,3;JIDE7I8A:DIIA8E;F4:6(UG3?;88M:E9;C>6?GE>BK=EGH;7HJJ@:F?DFL<><@AEE@FG=?MD=GP8JB14L1GEADA;?PBDHHGD@J?=F@?SEDF2F<RE6CO:865AEJ:.;;?HJ>EDG:B;C=D6R-?38QG<B>?DF=2;8C<J4DB>A455;DEF8CH3HDB=AD?A=CJFCKJI:=/7A?B/C:<7@A:FA2<I;5;B@>HF<C5A7J?>1)DL<4<>L;;57D;G@1>1D2;>?JHH2G<>?JDH78A>E?A67BAGF0@@P9@3QIDGJ>9-;8@D48ACE63BMECJ1A?7=DCD9;H5<IAAL<=69<LK@J@B1<@A:S/=DN;8FG?CLA<>,BAJ<7P7K4.8;5@5,><6.8F<?CC753FJ<6BF;9D.F7@KE?E:8D?C=C9JRJ496Q;/>&@?CH@401?<AT6?F<18>=6J?3?DC:A?+TDDND=DA?@R>N?0N;BIF?I9O/??KF?;DF=983BF-*7HK>:B>BJF>LAE84.=F>K#NG7>G@?==R:D54B3CEGGCE=<<DLHED?>KEM:@;>FC>=D<AENCAR.FJA?E><KCD>I<DEB5?@R22BM:BB-@RE@==:8CAFG6EGDAFMFF@IKR=@3>HBDD87;.C<?;6AHAI>=9<AB8QA?I=IB9==G=;;??@I?C7>B;@AH:ED5GE4CL67KD/K="<B?<4MJFCIOCC=EA@BPJ<D=@OJHEA;FIF=68;B=F<;=F6IB@8G1C:<5EK:?;EDEG@AH=DD<??:@BLA=JJ/;IJ=+M6>478KDA<8;3C@E@9'CAHAB=D0=3IE:.??I9<K8.::.D@=.8I6:JB@E(<=6A.9@;F?:BG+GBJ5SE;J<30:4:?;J<9C=GF4+GC;I>KAGCD;IG><C7N=D58<<GBDA:K4M<?A6GLDF7;BB;<>G>;<:?@@0A5C5G2E9GH@G0H;;1J8IBH3G@F=A=CA=FC5D>4B?F9:@N>S1DC5AA>.O6H?(>GBLDQ@5EBE3F>N36GD>1=>?=CH>>7<@H<B9ELI>AH5>GA9>@B9GDB<=E:D@B@C:I?==G06IEFACDNJ>D6GQG>=@IB.?PB9JICBI:C5FL=4<NCA@B=BC6=J:J:D>AK<@GE>/6K;<6=B2>?G@5B>>A8>M=BG2EB?)1AE;@C>B8EC@AD05C?FDD<89@?E;I@&@;B>4?C?3H0L9<AD:K:;8558I?5600EC<0=;@>I=?IDHB-@?A=<9<ADIH?77CDF?7:C>B4>DC9>K>CA<HC87I=6F7BA?@G8>0G78L:5DA>F7BF>@HKL?F@>HIABQBF>CHECD?B>I=;1HCCFA2I=9?9B=4TC5HFIJ?AIC?DH9G33E:A6J=3<JA>A?E=FIGH2<;3:D4JD8I<H:=9FMD5=H<RJA:6<E@9DDI<?@=IAB:IMA38@;;GCBFDE2@=C9EDL>@<IBA9GDHEIC9C37N;AA<MGKAH@>GH>J=DFB@=34CNCEKOBHGBI?D:6DAHF13?>JF?F=I;LLCE?B:BMJ?N<=?C3HEBHA?4D08GLFD7=PE@-KBD@D9LODC@3Q>BB;?CA=CF4>IBG-N;=7I@8HDDI;D@D>HCD@NLB@=D9AC<J=KGFC.D9@5EI>IO-DC?FB:RK!EGH7A34?:?HE+ACFF9ED86?9AET4CEJCAK:K;K<HD-IAI7B=9H@7C8FBB5G==NB<6<;BH@>M;:A@>@.:@C5CHDHFJJ5N>@Q<?KB64CB>A:I7HDAGENAA645>K;:;AAI>G=4C70;CG>HHML0A6G.CDC><A2K:?96-G?2MBCB-+-;AA3LEUAA/FB9?4F4@B.GBG=:;FH8<8BE@>7<KA.>CMH?CC<D1B2B>HMF=.3A74:9P@F"9DCK@KA>&5=HH=7HCC=FH@3?<CF3+GLC@<6=5CBF6;4/CQAAEB:@B4JBHAN;?<;<A>=C9@H9-=4?G2-@AIF1=;BAD3GC>4>J?)<C?Q*69IC>D+*4B6CI??3?IP@I48OK,C>&K<CBK:AD4=P8467DA:M<LEEIGC>EPKD86=?ABGN>8C==?>>5JB<ABD51DABKE?CB5E-F+9?CG51C<A8JA6>6ADCAJ@<>ABEFBCE8LF>6E7>A=7?BV6EFJCK>B5?6;G44:;A<BL86K9EAD>G16>D3GF>=HJMC>=::50A<@4;GD@I06?H1JS7B6G;6:AF>CA@@:B1<BG=FAHB8*=A8?=:<=5;B734J6M@H;CD@@;D>FLJHCGCJ=E46N8J.N@;ACEI9KAK7D4L@D7FE2KCDDC@8@><CF7DH>4:.7A68&9>+D9E+@A:?LA:2BE/;A8F;?7>B=7.I>:;.7FI?>=6<;:OS=7=<<=?M@/=B9;4=<=A<1C?3L:G2<<3(=<<D=MC53H8,9GE+573:E.C5-BB1=JBEBCB;F38DF<CH?EFA<C@<IHC9E;:?09D7N7MEHA@D>L?B9=?=DDJAIAD<;<CM@B=<:3GE@J@4GJ=:@7KH8G8+N678AD:A9:=<D;KH@B;C@I=<0L9AF<M><;?I6EBG4=BKK@:E/=D:6:;I7@.B.BKK:@@GCWF;=>LM<J12787?64CJI?96H<:O?BL@N9AH@HLIDF0NBCBBGF:@I98?L038?6C?;EGK;/8GEAAN>F;61E4CF/CK=D>><EAH*GE><BD;3B8?JA76HBI:>EB2D>DBI?KAH7KB46EE;A::??;97>@>DK<=76K<DFEEB;6G<?@=D=4K;6C><;=;F;HG?@J5GIC0/B4C;9A;JB0<IG?=I5FBF@B95DL1IE?=IB=@7C18?BB67*E.AA>PBBB?PB?@H92?@</I:MHID?>D@C=GA@E>GEC7@D>8=6:E:7CEBF2B@9EECBBHE<HCGG0CIDCAA:G8A6>8M;<LC=<BSJ6ED>>FDPC=GH@@><<-AECBER@@BD>D@;H9=9BHFF5?<9B<0I@B;FI?IJJGJLHLKG?:KKA8;C3ICC@>4EK587?@EGB=J=GBE@FG@?0EECGC*G,>ALM67@MG693<?;7DDK3O@DF@L>EMF9.6QII?M=?9B>B@HBBD?;B9IH@>?>;FC/J693G:B=;;:5;AA9GGJ>FA9NAO;:=OKO+=?HK<#D:8?G9<<G?>;FBIEHEMNHCGC=DGC4?HD@B>DNB9A<CCJ5;3K8<87DGMA<5B?G7HDDGF@DF J?8?K=Q440=8HA>NCB2I>K>;I<CI?FA=BJI;37J=8G?AE/6QEECC=?AF3C9<DJ1A@=?E0J5FHA>=.4E6CH?2P<F9@K9H;IHB?<?239'<@DCJH=H/<>NGBAD==?I@9@CF>9;I>P:I.6>G2GIDB==@?D>CAHAA;CBF7?.5BA=9I>1GE950CD6>8>37@:AEA=EMHK=8G4C=1;FD:EAB<N;GA@=9@58AOG7<0&<FJ=8T2<A;?R9P;E8B>@HD6@GA;B6GI=;9A?;B=>M1B?4:>@2?=LO,N>D(I@?BG>B;ABC<N49D@>3=D9RFD1H8A0HB>E.T1BK@A8>CC?D>K:CIB5-8EC9>H:P?>ALHD?D;KE4@5HFN<7=C<:I7JE*EC@C;#1//AA7:7.IK9666H4D=;0F3#49D@>J?<A8B9QAIH8A;.B=N=M9+O?>G@AD@?C?>;DB@7-=9?G6@K7<:)LEKG=575FE=EGG=1K>;I<;>G=ENHD>L=/7G4II/A@;/3C2?JFJC?KGB=>KK88B?33<>B&<5A=55;9HLAE>E58A<8=C=IO@@5ME>5KF69><6?9->><CMG25G<5CC3FAA1;6J:86CKEB81J8=@@G4EW7I-:D.?E84D?@SFEJA4K7<92B14C<5</J*J;FCEA:E294B75=8AC;8N:6B<I8<8:;.5@4:A4@;:C@G2@OAEKC8?=A<,84IF@6-53FC/74)I=41?;<C0??7;Q<?3E8<(6EAEO4:MBJK4A4.L@B9K?666CJ2OE?DBDA@K:>=,N2G?6669NJ3E:4FCAGFIFF>E6:?7HKDH2DF:EC<J5A8KB9CJLQE??CEF:FG:H9B@5>H9);D6IB6A<D<>C5:<C7BE47>CDDGGKB?EAA=KF8F8?QGCC=<;J8@CC8CFD9;@E?G:,MJ/CM7@:M@<3B?E<@9EC;:9?C>BAI@B8LC@C=9IM3@8=3C@@?@ID=9BI?8K?L=;BAEJHIIIFADJDIK?Q>?3EAFHGDJ6@AJ-HG6@;<BBK9A?K>C8@B;?BD<8=EH>HJA@?8:C?4I<<:764M679GDG@FH?><AI/DAAB<;8D+E@<*GQF8=;J<<FGL=.C4??E8C4;82IG=<DCO=F=D8B?CFGI8J3=:<;AI7?7FMGFJL?4;@M=?GJ?:B?7LH@:G>B<L9=5FOJ;=B54BFIIJH/DA=LB>*L;AGFKK.KDLA58>1;:D9H;FC@G=>2D==8@=ECJ,C@BB=@99=GB:E<2@<>..FED;9L=>8AFDEG7;5B>DL7?:N=GB;GFFB<>MK8BF.2=@AEL:EK=GGED>?ACGFMEC;AI=ODL<HMGPB?A?=LBN9P==B=FQDAE<B>CCFJ:9CEECGAH@4@9@AM78GJ?AQ<D7QHTIAFHGB=8FBJD<A=<Q)<BM:GWFC=FD46>=E;KJ=><HABJ?>FFFNAGE=?7DF@5?HA?HE:@I3>FFE?9>H=ABD:92BEAME4HGJCF;<4FD2FA;CK8K:@IC@IJEGPLE@N8HEJ<;<6DMOG93?DB;85@A=,B-CIB@K3;6C98=89@@>=?@F:B<.=>;6@@AB6A@@L9:8;C@I8M9B?FBGDJJ:K9O;:D<3H/C?F055(F<@?5JBCH>4J>K@?D*<N==@C=3A4N@>2C21@;(NCFC8>:FFAB@:,IG>G>E5D<<:FE<N@F;/J8:6AKCOD@IJDB3DABLCDKAB:.@5H73B9)L:>?C9A>M@A87FLODA>@@P8D92E>CCCC8CFG1IFL<B<>2I=SA=05==D?F3DCDI;;);$6II.B:;I4=A7G3?@0BBJ?.<;,@>78AGCG@@A1-?6DB;@;@KAJ>B<AL8<QJ1?16@5.@A@G7GFH8FGBF?>AA@?MHL7F5KD=98?9I9K.>G=6F>B8O7><F0D@3M?K>?LA:D1=A6TBDB74:14=98@LH2<?=8A8C<:>HAB2=9@EB0>@@-?<:AE8;B5G?I>;?H7AB3A;DA:=<E?K<<B?<>0D.0/CIBID>AC9@1>(6=@;7D=-D4K914I6C=JA>AB79G.3:B;H=U=5BC==1KDI>@JB/@AGA??4A<D>5??@@4CE@A1<@A6C@C=I>A+78AO@@,B0;=D<C;?C8CA.;<9M@AC7LF@@+@7@5BJ9CD>AG;D<5F:BE?BD,4558;GI?DVN=3:K7@5D9?6G,8AAA=OB5;-;BC4=>3:AI?=A><40;:LG8?09?>D?FGF2H=@:<@?C85DM:<98F>+5?3:7@C9O@9@;EE=;B=JI;DFA70:96E<1BB;B/(@?0HAMDEE=G>F:H>G01ECB@HBH7<:HI$@@?FMFJB3BAA0;>H=>CDBA*>CBEG:A8:8:@K@HF-G2D7K@5?@AB=A@AF;/EB6@BM>6LD>D-H:?@=HFBCF:G.H@9K<>/H@G>5@A>47@=PFGHCG@24;9FBBI@?=6B68@46D@@8:>G?F<?5+G79M<E;3E'8CI=>ABE@6G?@HJD?@E>9I/K4:EBB@AE8B@;HE@MJ2>C=D:GC8<6?:?A4GBG9BG:GA:=9;9DIB6FDOJ67:G=7=9=A;DGJJA<A?DJ.M;E?@F66=>0?J,1@B>?@GM+A@?5L=:>?BD2D@?B6F3:<6GFF5J@8:<CB5DAG4</@AKL*9B;;<@IEG/BAJA:7AH;F;:3;/E@9/0B9I=?N@B@SF/?I=D60HG73?GF@@GF?A<?F1;?G=J=6EI@>>M>3>;A=:@:4JQ5JEHDE;=J@DZ9@F8@FBA<A:H=GMAHODI@OGJD<F3?=?CBCC8I=D6MRDQ9>8FGCM9J>EGLDBEMB5/=EIK>E?7I@:=<?A*CC:CB?F:=4=HEL7M2C15EF5DB<B9>BG;?ILB=G47H;B>;0BJL<BE88DPB>DFPD5FS4S3;<B3C:6C9BCG8?E5I9C75@GMB@K:AE5KI=923B>7?E;?ED=>=<D43?HGGB=:>IDJH=:E>9941R=F;S8DAD@BA85H?:A:F@@OD0;I@=EDA?1JH;LH9CSGK:=F?E>B;EE@Q??FAECCNBH48FQ@VJ<8GBAC<AK=GI@>N==CAEDNKIE>>7?MJRI?F@6;GSECI>;R?@BG8P=JQ@DK0CC<*O6C?.5?:AC=4K=IHFFIAB>D=L8B/D2=@;@A?B=7@956@GN(1H7;KB?6C=,70;5?AA;G<<@;9?6G;?@C:LIKICDK5@?@N733,8K>?=FMB><JGFK=RFIO4?98=461;F2:3?8K8J2B1:;6@<<C.<GLDD9?LGJF29H1<0?/K>A8R)>E?7?F>GA?.-:<@?D@054C.37>D/=4*DAI:.684<C>O.H:>?BAC;KE:D+F5AA@@G3KHP6??.78CDH79CFEH=LICEDA?(?>8@;<>>08K6BB;CEDCJ76>94FM>F>D*2H=?B70B@0C?A80=><B>1BN?C8DE>C5/K<;8J6A@>5EB@)IC8FJECKCN0A:L8H0@DMB2C5BG>>JA8:A27REF488G46?GD9>A$;6A4<=2@1??C@CM<H8&9G.69.9JB=B,;;4BF@JFAH@@5A=A3/D:<>@5=5A@E28B>/078D@FH:D<>IK0C@>RI>K8C@77MAA>>;HCD27EG4D@.C7A<7G9HH>B?@=H@QID;GI=FGD.@3F6;MA6?C=C:6B?CB<7F=BDAE;DK&<BFE77A7>?88JACE=6C<;<5525HBDL?>0A2?=2@5E;KG;>O5+ED:7:;C@:B86<A98CJ76JH=8>B;A<@CG3A?A9EC<0C>7@:;HGD2A4E@.*EH<?<;<?98<J+4I8<7365<=>:<A=:28;HC6;<A;BGB>><0/M47-G8H-?66>9<H<>BAF>?>>59@81@B@26>3B-89;D?1B4N;AH9EM<E@48CBGL@?F=N@9>F/9<H;C97ICDF8B<DB8=9BF>L5J::7<;<@G<@@>FC=@ACM>>BF=B1<O?;;CKE?:RFIHT4>IBG77C>?;D:97LC7@:FLBD95B:?E?=GBG@CDGK<C8A37?6F@<P@AEA6IB2>FDJ6L:B<8A@HI;?@=5:F?=AJ8G<;MM;F)?;?DJ@@?C>GGA2/A;<E?,=CBGAKO=A9>AJA:I7D?<B@78G<<8OED>/;Q:EA:73DDB48B@K@@08EBE9<AHA<$=8>CGF>?C9ET@?C==FE=<<D<=6GDD>>7L9=C:9C<J<?CE<9>6H0=I/TA79><3H<>I?I,-GI@?9;MF4KI>@9O;DJB==?GB/5>5;E29FKD06?EI>==G5%;@;3=K,H>2@DB==H@0>=@H1MBC<A@=:;@NA=E5D>DD=B7GHH4@?=C<EEB;G8;J?;@DIG><4>8PCHC;?VI>3M.>A@CDHBC=9F>IAB?GPAA6MF9A@GK99BFEB<=FK7I9ID5KG6@EFDCH?=I;IF@/FA;;4JBF>:REEC?KBLB<GE?H:OALMDD8@E;?<G08*=@@?9A@8M.BHGAIGEACB>4L?FABJB@D4NJK=G@@=:?E@4>G@B@FAHRBDB9G=GE???F>::E;=@L;HL:9H=IA2@9ECJF??==IAIBF>SC<L2BF<=D>J?BEJICG@<KA1GFGB=?BHJ@@>@F@@9AI5G@A7PINABC7ALH=;CNLCIPCD8GEJHE=6CRDEHBJ?6??C4B;9?<WB0C9?L@:11I?AJ?1D<77GDB8B8H7:A5'@:C>>A:9@;:I,C=7795D8>E0?1F*M>7FHGC>7C>94E8V8-B==;<9<49CF4G7-CA97F??A5>:<9JC9:FD:D7@GA0AAJ@>43GFK/B//FD/A8MKA;?8?>D:C&?E69?.LED4DII@5H5?=GI6548,53AI4I@EH@@E(N6EADE?5/7E>E0>=097=C6A39LI@>>>CGA@><3K:G>?F?@AFAE:L,C=?@E)BC@FA?<;<G:7HNG?BFJ<0IA>67770@1I99=@<B=>J;CBH<H4LA@72F==?D@A6>?E1?D>EJ3B=A@?CG0;GB=>?DB66@IC=;9,B6>APL?F@8JCB7?5?8HK7F::?LCCI7A?EMCJJACI7/02A>>8@G@<6>DCG?7P/4A;0>;4IJJ;@?O4822:<A9<9AC=F8I::?:;&>E2<7>09LI>ECA?:BA<&:>@/,2@>357NA67IH@3@2K=J5>,=%GPC;G;HB>H;1GACGB0FA@?BDAC;NGAB>FE4E7$FH?;IB@J4AKE1IO30HF>9D2-98/F0;ACOI,,9D4?I:;@BIEA<A14>,CA9K>?9BH6CA5?E-9H=B9FAH@@1=<>8?AC/P0FJC=5M4F>>JB=.44RJ87?<9;3FE6<>6?98FL?F66;?9I6?8?<;E>2?@GC2:;<&DM)L18;<AA8=@CKC:;H;6???+6=G<@>4AD:@AB=<C8F==FE;L8H;4A3>>6HDH@7<C:.DA*;I<;@4/,@=?8C1B2:;=.5CB<1<.;<56@IF?;;N>J6EKB:AD,FQ8@2G?;9BC=@A>=>;JHB6>:>CC?I0@5KC7F9B/0<7DRC4BF>??H@E2CBK3;BDC7?;D8:?5Y=@-=5G6=ICIBD/B2D;J=@C6C:E373MJD776A83,>ED>=B:A78B*HC:AJ@BAK=@430@@C6L?=BD>@44:><;@7=;;74:K52AAM@=L@@2KEAIFCF>9?H@<;D@LBC:E7.<H;@A@B249MD?:>>3<G>E<79G<6H9L?:4BI8EIEI65AH2>=6ICA?E;@C1<A;=HGA=E<?CBAK<+HICI@6E7?;L==5>A>578C;CDA8&=?@FCG<;>D??F5@0@1E=;*A4FFE6<GID?642:;@9FG?G@4E@:B<FJ;55+B<?;->3G=.597?=7<A2F59;NA5=FAD<AA>GKG<N;I!7I87?<3D5C>I679B>3BA449FFAF:7;@C=B/1B,9.<C@<E7G>A?E@=A@N<B6@C:4F8A8:CKLC<IFEG?B-?9FHH@?6K3CC6AH=00E;?F33>:<9@@'30AFH=5FAD6?:N>A;DKKIF>>AB8J6GDCL?@:BQED/@9A=L=N<<7EG5HI8H588=@KDF=?(0FBHD3G-BFM@AHJNC;38;1LG;7A7@:HIC8PC@BD:9BGDA3;L:<B=FHCB0J4I;-GA@>@BCIAA6IB=@8@J;7?@CF=;>;B60@I=A2O>6D>=0D9:FB68B?:8?N99R9N>9GE;HICALD>BF76H>6E3FJI@:KA@L;I>L4D:GIBELOGF8I1GAF6CDMF96<>>>)E==NA<:E?@2IF0B0/?;A44@5HBL:97<C9E=LK=C>7?-FC=<85E1;I@*A:E>>4/KA7+5@<J?AI89-H=I?IA8G+LA;EGB:OEJE1>K4@>:4:=2G?=@=3<;AL?/I?@<7?98G6A>B..;91O3?9?<85<?-CF<I-<16+KF;@?IDEJ>;@7<DJAOAD3CH>7IJA@I@CE?R5LEF?>6?GNH@/1=:GBMC8MKHHC;.C2Q?:DD9?D692>;@;>J3KEI@FCB0B9C9?CBDC?6F<9H@;:9B@:GQ9CLI:EOH4E@6<BG;>C@AJ?4J<9A;==>.8ID9G</?2DAH?B>CB#@;AAA2?A@I>>7:9=8C;L=D"AB L8??KCI>>@/>GG:JK>E5D8:@<@CABBD>C988C5B)L;H2*9;.<K=8?*=73=AA9=9@79FCMD-H@:+L=J>EC<>-?;?A<;7<I;1@=E:;>L9@1DE>>KP3DC@J=7E.2?HU>6<5<6;@@<2R31=AC1@;4>FK>D?AD8=C@=H<<B>+B:B@G1B>D;:7ILA:<1>.F=CBC>B5I9-7AGOGD819;B6B:=@1K,A>AE7:2;NNDFG<A@A/BG@:I,DH:<?5*8?B@H:D:E2BE;>G;F;:8>B@69;,=D@B8C9<FDCG9=C3D6<4FEDD?;><.1KAF6D>G@0?:4@0F?@:8G=A+)AD@A391D@8F>B;N<;<I2;HII1<>:AL=M>FA<HDGH@B6DMC<HDG=D*@=:2.F&I/>7A+C=>8:CC1G;:09C:K;;K9BF7EB7>GO6?E9K9BF>GT<;9>P?:>6@3BJ7C:?@69<?>D:MCH<?5??;:;*IC;:D?BJ9D>A=B8BCHCEL>>B8A6?#=FG4FBDA>EBB@A5?GDA3EE<1BI67,9EFC.>>L=4I:;EC69@>-FIDIJ@@/88C;7EF9=4=:6AK8I96FKD09;=?B?G:96@3BD8AH6GJDF@H5CK<I=<G<5@F9.L5?H<.@A?B?;:AC7A=D0E>DE?0HP95EA?<86=D9>CC:??B8AE23=<888,827D3>4EA=>GE?=A:79F3@@LG50GG@C4@><32E70;>;B8==C41C:;<55@FA;9@?1?I>D>>II768=B+CBJ62=9C6<<BF>1;8?7D=++=97A+1FF@6/=W:DC9:=EE4=D7:A5C@>8=5GJ<@4;;G:>?<7&8.9<E+BJ<6%:CE<1CA/>ED;C5FD:363?F?B>A5@I;EF7<C:8;6J#?C3K>@:1H51;:GJ9>0>IJ??FF@DF;EC6>HLD?.=@A<F>JM=CH=@=7?=;B@@<<L:,4@<L>=<@8B5;4=6AFIGJ?AGEEC>7@AKJR234@F*@9D7E83DC;>HE<5459>GD8<8K:@LH?I5@:ECGS59GCA@/FC8EB<,<=HFEHCO?M66?3C95KGBC58;:CCGFLA<>BDP/;KEEEEKJ?J/GC24:<7FM<>J99B7AE:9?:FC>LH?=9=BM1:K@AB:A@?J:CA53>IH1BJ9EE=REH?MQ9I@I4>HHME@J=@OGBC>:IGF!LD<76+AC:>6L:KK?B3?C-8,D?@2>N-9:2;E13?@4A8=9A,>3<F@;41HB>D;G@E1N;9D:?1'EC7@?098?/6E32=5B%;AMDKAAGQDBL;B>4?<@857?DCD=AA6;3IK8=FB9)CAJ6G><BFDD7?>7BDC>1EBGEA?0A;AHEC862EEB6;76IF@02C>IB?BJ:9BLG6CK2;:F?54>=ON27A3GH1CHGD<?8192BB=1(CG=A<?<?9A<5FI3E98:9A9<=;;.<@?61F5EDGF,K=@U09@=BEA8BD0389A/1*BF@@FGBA.=>>C1FAD.0EC=;J4A+4,:;B=6:<T>.G>F88I;&0-A??OC@AG:3MA8>/>!E=KBGC(B@C=@89B+0J>@?H@C@8B?AF@F:J7>?2:DD<;16=B47>3?@KA?DB>;1C:D/?>CDMC@A?DA8??8J3J*>GNFF>6@646C1CM?0<B=A<;<BB:83CK/=4@KRF:=@I<9LDI@IAO?;>?8ABCG4BCC>11,G5:EF<9OM;@L?H3HD<;6@488C.,=;NEFFA?BC5H>0>:7H3?1@/F9?B<<85@BKGIDO<DC@2@$=D3=CCA+AA::8FK83BFC0:0<>DCA?=97Q8@@?8=>C4AFJ;?C>M7JEG7HD:?AB=D87AB:7O9BAE9EDA>/AGGCJ/I9E@=?*B/EBE60=BF:B@D?LEH-BDB:CH2K:E:C4?>C<HAB?+:3<;E671C=C6/A;19;<2<I?@?8AC8@4G5J604B/0/;6CJ=I>3@@B?KB*AA7?:KDOIKGB1F>B4CEDMA:3>G4;2?:?B@=?H8AE=9AD>AGI+0>A9?2??7B>EE:=A@'H<?A=C?C38BI5>>BMAA9A95:;KG6<?G4D8>E?557>5A<;E?H=L:9J1C/I68?;(=I<:<C;@5;AN;CK:@<<.>)0F?=@9D@@:D.6F8A=5<?:6F7;==>OACDP*@I0364>485BADA@AG9D<H<;PAA5:SCA<5B2:9OB?DC=@@AA0E>4GE8E@>/E'IF452A?AKQ:86NNIMK*;97>?;A:=A=@C@,718-=2:1@3:D@D=A<>/9<=>B9<C=C5HFC0?48<@=B8=>@4;7EI9H>JJ>K>3G>J95D:77<F4B3<F?MA/;F?9>H=<?@D3E71JE6DCABGAADBC?DC;A=5M=IG7D:-BFE4FG>78BOEA<G?>7G?A;CE@35@7H612FF9F285<G=C@M79;;D@821:6M4<6=5E:BL3<D.@@?D::I@BG7EA=-DL?I=4:HE72:7;;=CAD7;I.4F>:6C=H9>C8F;A;DAE6=E1@?3FDD;EH11?5=51F;@?G9BBHI@C@O=ITNB=6F=AECC<:63B:?E=B$47FD&G=HED6CDJD'=<KGLH;I7KMGLHFBDPG5O:,@@GKDI??=CFGIK5EGD4;>H=58@=>CD73O?=<B?GB9C<FAGH@K<BMK;;.BDGIE@DE;3I?:@:<H4;FFGA?NAG@GF:37?F9BJ6DINI;@CF7B?FI4E@A.@GQ?8G@077=AG9;@@IB3GAC8JDDNJ4JG@HB7=JF>G2DA;TG0I4=@;2J?74D8<H<6;F:4G=-J4>?22H8?P;A9?>>@A<JAC.+/R:;-7@62A@5S49FF=>J>A4?>;D8J@9A81I4>5/FDEC8G=CGEKG16>GE?AHLE66.C>Q:>8C<>=:D8B:G6=-587>C>.D,EE/G@:J85A7DB:LH;A@A==7?<7A=DCBAD3CABJ>BC>A2E50@A<9L:CAD@>:BC5@N@@><0JBA;=/0;/4+DCG>CLD4C<@8@?+WFD4KCB;?@>+MA73LA>N79CA,I:4@.AE<A4F=<H&L59D>7H-:B25>=AC2=DA9+B@@:(A916<@61;95>;5OKAAJB(<I,DAKD=?,C5C?=8N6AI.4>=H5;EKB39:?7FB6IAB@JEB4?5E>:;':T9=5G1?:G;?3HD:H?D<36J0BC>;39;GA9A/&>C=<=CEB9E>C<A><ACHB?<=F@>;D9-;@D:<?70=H9EG;9I-?F.AAHD:H?8MC2?CGC>:?<;>IEB><;35>B:4;CQ,-B4PJG4;ED5A31IA4?ECB=77G@B?3E;<I@9?E1D6G?4;@D4/><5@DCG4A/H0K@7??;J?B?=C-;B>HHGAE@EFC<JG==FJ@D6@H@GC:A4A@D?G2C<@FBF?H<@/C?CTB9GB>7GGFD<@A=LGDDD@><?:7HH8AD;9;?E3GJ@?E?<D41=993@F?=C:HGHF?9..=BDA@5:'::>:9>B5A7C@H3=3<F;4A:D8B>B=29;=8J*4BF:29>IHG(8@57>C97?8>=AG9B:I;?=@@HFFBAEEH=?2B?<H3?<<@/ABK=FAA5JE;>6,>DB6:>:6K;H?;@K6BI9;?87D;M>?H:HH?B-G/@F?0?5=A>@A<8;J<8$58I67J?K4DE>,G?7A+CC@C:56@E9HBDDE=B+>H>DC8HDA=EB3M<G?<H0H@?C4AKJ>@86ABA9EHAFEFK<D::4CG35H@H*?BJ6>B;>=:484/EAG@FCJI7AADB7@ME<A>A=5H@@?I7EE7;G5<7?ID<=D5;0BFBIDBC:76K/4N*JEB@7M<?-+>E;H</@5?6B2789IEA;=<E?591H5CG<4L8=,93C@:EEBHB>3=ADC8@:AADB@-DJ!@+C@<7>;@LCB<H;G>@H:@B?<8A;=O:;4J9J:8A66D455<;@3E@:;@C4LI?C=IC6A;GJC8=4ACB;>58;D<C2CCFDOD14D?CK=)=G@4?9?81?2EA;7<;@=DCCFDD=N>I:<BB35BBD3A6EL0FB>:=C@<?;=C27E@:;ACEKC?F>=CD?>?48B=EBJ<I9+A0T:<C=OAHAOBDC?A<G5G90;A:B7F@D<>:HJ7J+A?TJBE=@7<<E1=;DFJE*BD@8DCAAAFB:H9C7GGJ=A1JIAEG;GLAG8I8@<B2>BAGM?:>C;G<=>;GDI6@D9:;>>7;IGDC9D?;FC@A@C;D@E=RD$BHKB=?FAG?G>I;69BE5DFH<BHCH?DAD@FDA>>9J2B5GFGIC4A?3@JCDAIF@C=?<A>9D<0E0F72G>4DH=@I6H@G5@DJC:F129I6D<2=G.I@<;4;;:::C61LF5:E;EA>I<?-;B+2H<?EAI:.1<;BJ6@D2<>743;?F;=MAB=A@C;6E87RDB<4A97?3GBJ@NDD/A/?HDD=78=LH@D?>9?=@4D?F78C7B4D;C:BFA77<1A@)0>0B<G:EG;:AG=4<4>CE<;>H;1:)?4@5.-AD=GF<6FH>K=B?0>=>G1C@:9KI@EBDH?G8D0@-A>A8B:K0JM.71CH;8LL8LDK,17@2>K8B9KBDA9;EED@AJ5FECGA.B7<C0:G:B;.D;EC@7>>G?EIBE>/JH<J9>6G=C0?62AF<.FH:?.4@<8>@7J98B@B:>DI>>7FH88AD;<-?D1BA<KA5;:=KIA=<G?BBB:JDFCE5CFG-B<9L0A5C969?4B4DCED<=M@@ED@A;E>C@5/9D;I4CB5B77A;>6D>65/3=3A?DD<@&8>/6>B8H0G;AE=DF=E2==HF2E?DH<5:@@E3G<=FA/BE>;:CGBIG<B?E57D=@>C;5;FKID>AD?9@?6LG<B;B:DCGHIBO4M5KGC9>A<DMA@CAK8AF8DDI8?J;HB>B=FCFA<@CQ?;.L<85:=:A:F;5<?21G?;B55C3@<CAG??=0IQ@IIEF;??0HDDDFD;L>=?695FB2<==H9?>>6?K0QE>Q7=H69C>?K<;F=0BIE;A@B><GD?-<FE==D:D9FH:4EA1.>:;B>F:EB:@8F0>,G?AF@>-FB6J2G5>8C3:;?)3?D855?=@3?F?7=?@C 0?=2F=/7>8=I?CKC2FF;E@AF6F9DEBD6H>K<BD<@C&>FI<>I<FKB:DE?BHH1G-E3><6;:E<H;<CCH@==>F@<C:9EDAEDC@76:8;BFEGNF@>E:"L76?D<GC7C5BM/H;LAE@:=?=DI<8AIKDE0EA<C/:=A<<9J1:7DAF@B?EBFF><F>=C9?F6E?>;7>9H=.DGCL:?:86D0.:8A9=C1<2;9>5DFE?;FB:B=Y6IC:09D0B><C@P;9><F4L@8@?4;F@>17A>=GICI<37@A=HAA>8A;=9;D9;J@8>HKF9=E@<@6;7FA@A?:>C38H48;@69J@E97:E=8A5CD7<=6<@3A20:2=,>C?;<;=@98EA=G6G2CJD5:DL9GBKJKAJ878B<0JE6=$792?2>IE9:6:?IJ1BD3B13FF;EAKH>;74HK2;A89?HF4L8*EEE7H;D498G=7@JB=:*>B7;<8D=5>EFKH/4C.;3=G=<?@E9?7;>F>9K@D8=?@5K15D;F;8D?NGA>AG;AR0<BGD;;FCF:?<=@?9C@<6</ABIME2=26I@@C8R;ACK=A::FCA;DA8I9902;@@@LDD?(?5F35B:7E/779:>L:D<C66BJ?EJ<EE77?@FI4@8GFB?E@I@D9G:ABHF2?;B9HG>>8?;DB8BH@IJ2KDGDC;>AGIA6H8A;@A<<G>PCDKCIH1F7/DF=CP>LI@;/>;7BJGK9BCAB???D><;@5@H8:*A@H@FHL4BD?C:EGFEAN=@=<CJ;B?;FEF;?L0?HQIG>BH6<F@CLH=:=T==F?D=A>K9DD8E67GCOA:N6,KB:<??>P:9:KEE2DE8JA99<K6;D81HB59<F+DCE7BDDA+:6G<@=I>6D;L>>?D<3E3FDI8G<==0HG1=1=48:AK=>6?5I5H8A<BD@C@9E7A49H?@DB$;@@KE?=67<>6<8E3@=@JK5?:B/9<C85>DHL9?;C;<:@JM=D<IC>>><NB728B/C6O@E0H;G@J=DBBCA3I8H*@GA>56H??J==860I)B33=E?:?;ED87HDE5HE41AF=,HJ@P?H>A?A=8GKPC>79CCDO;B9D52CB/>;:1:?:>;0D?1;8*3@<C+38=-@@L9@H<C:(B,>K9<6@D9@FQD5D3IL0K9NAJ0EE97<3P5DCG?=1EK<>3A9AFQ<HE9L4:275<HDI6<C;<DL;8AM<F4<@36FI?A;K1>@;541O<E?7?BE>AAG?A<JF>C5F@>?>BI<D436AD?>5?;B:>HK<F:<8C9:@7>=3BHLF>G,<F-*A8EJF@)E;C<>J@;C<KKCD>BB01E2=D9NH7N?9A=.H9BEJ*GCDCB<12:@@F=FD437C6F7K=2DCM/C@IN7;@<=EGF;?A9G<7GJD>E;<F::EGHJ8EBA;IC:I=3>2<D6>:D?>6DD;<J7CK@CB==?:@88=B.9?;8JGK6GGDH?<A93.F>E@26@)I7>@F;7B=08:ED4K>?6A?2@HF?7C>D4@?3H(16<BA<F86(F:BDL@AC=A?E=:FD3>34C>8?4M@BAEDJ,)=AE=4E1B,;D9)E<===GAH;BDL<BF><KE@4H;AD79EGDA<HL?5EG@C=C;:CC;ADC@5>@6E5@=HGK?:7P3AHFCFE77JB?NIF<AC<AB/IC9;BLLL8?:BD5M8A9MA772CJC>GDBJD@C:IEAB:H=9CA@E/G>;AC;A:ABEC7>49=EHJ@I>EGC:6.S7L6CE5?EBA:HJ6@:<EH<B4BG?);F;>CA@G?:BG?=@D<0:4A?69;<:D8.OB87?;?FFHDJ:7E?I>JAFKCDB@;J>H8FH@ACGD9GD4A:/@?97>;,A2$.=G897??@A6=LB4=8E>6-AIC;8FAH7=ND<3C>=A=<8;B-08?B<286;CA?EAA6FFFE8>?<'=D9@J=E<;>ED3KD20G?C<:EA8@>C<?9K@>6?A0F23?>F688D2>8:>C4F5G8K>+6B>D?;JBG=4@Q39498A::<FFF7,7><<EDG7GNDI6F@>G>.;DA:E9EB<GG<>=AEK?16A89H?9;D<NDF?BA>?89:;FLA>;@E=>JDF?6EBJC?=J@47DBAC-/<A0K14DBC5@>A9LJCD8>;=4ACCAD=KF49B7D9BAGGG;57F8<C5<>=<5I>==:>JGLG><=GFAG3BBLDGE=C7F::JKAAA6=5B?JLFEH>;@FMAD2I??CO;>GL@EJ?5@;B8EL?AB<9>>GJ0K8>A:7:5A?EAJJ6AB=I@;C?9ID@?@8E5A:/G:G.>:9%?I=FC@>@?D<JD3<J=BKHC=>GO?H>3EJEK8E/NE<:CGDIEDHAF7G>>?8=IIB>=.67>;F@BD://>ALH5<JD,<9@E4:H3<D?CAI8,6B8;?1D+4D1I482A6G2F=GC8ICAECKEH6=?J?A9B=?0MB;$F23<948FF4E8;D1A:=0>AH/?H9DK1?:A2E.@-9B>>/?E<8;32I>-4HE:>43FCE<?5I?BIB1@D83A?*E=1.CM7AI>I;JL<6>B8=1/>K?<CC=;83:<GG@=CIE>@++1RHF>F<CED61F@P@51@CDJ1@<F>9:D5@HT<.I2DJ9D-5>B=;GH<6:I<H7GL@9GD:5AA;F=8=D/7;>0<2GJ;9=>?>D;$D02337:9;3C6D?F67FC9:A?2G9@-@J7OJ0H:@@05<2CC=A>@J?HA:AGIFDFDC;9I<.0?J84@@8BD7C?BD@BL27<K18:D6?1HG0F?84?@H;60C;7?K8;46=LAD9GJEL4B><8J54:E@9DGACC49APEE+EE==DFF?F7E>L<PB>B>@B;4?@KA?7?CA8C:=8KELI?@KN5D//45D/4<CD@?:I4HALLC<B;@9D;5,4C=@8;>@BF023EAC8;9AAEEMD(J;F@G=93=B=E;=0C?L;;HH;2@K4FE=?BPD8E<M?EJL@4I=@EFM9:C>CGCKF;@AJFDD;>J9CC;C@=E:=<>CCEBDCD;@EDDHD@B75E=8C0JDC?BHB<::,>F9DBC:C=M:DM?:0980.Q@0/C>DGD>66?BH1=<CK6<<>G><<;55;5;I>>/E<H;<?C??6?2E@EA=;G6EA1A>=5E;>C;?DHGE@8BL><,L?I49DACD<A8:7J?@DB@:C?0N@CD<>;9JCED;H<>=>8=C?::G7@?FGHKM@<=::E??:GA8EJE4D5;;C8B9-B=AH<IFHA'<GGA3B8O:HCM7@98<:DG9EDH5=99DIB=I<IC9IK5AABD>=EA=93EB;K<;BAB>9L3AE@G99;7@?,3=FG@E?DE;CAQAJH,9?87AHK*DAC?ADB<>/9KJGOGE<<G>GE>FGN=D?@EAF?39B<F9O8AI8FEF?<8O9R975?EJ.JD<B>7:J=-E$<;I<:6C0=JBA:C?C+AF**IF=3AD>8FBKL??77>.KH@BH@6=BCK0G>A=:=948FA9@N=8F66D<DK-3D;6=AI04:@65C:91=Q=;;49H3D:5@BC?@98FC,6,::E=D<8G>7=2/GCFBG8HK:=4%1DCFBGD?;;B6+4-C;I<C8AB9BBAMD@:B?;@I@E@M:9A;D@1IJKF3:IH:1)=GD:D<?S;A?8E?KC@8L36FD4@BC>@GH;8=4B.;>@6D=AR14K:<PCBE;BBC;=:6585B>=LEE8;?K?AIBI>9E@SDAB@KP;8=0GFG9;@BHH27C?H>BK=F?;F96@:G;3I<64FI2GFC=9D?A;IA>75PCH=;>EBD5>>52FCP<::IKB6TABJ<8/?E9;FB@5=ED#IG:LA>DGH;D:9G=@=BKDCFDAHO>?DMG6<?G4I=??BDFF6LBDB:@)G>?C?<5HCH:EKDHCECK<A8:9A8N>>@=@+CMPC7I7BDAE@==4FEB.IL?B@D7;;FIE>FHBA8BOBEGCB==2B;F>9?6=ECK4@B<9I?3?LH>CFQC;PLNH8->LB>7;GCF==A=JHCFAN)BBO8=87/4K1BADD<C@B@J=;ECG:51BK5HGAHH99@4;@O?KB;;HEDBI4@54IG9>>7G0C63BHG:FD;D8?=AI8M@E>E6J8C<A8NH;>>D<G=C?.EL59E6LK9?C@GJHBE>1?=BB85BED0DF89E@A:CD=8KG;B2=<B@:?C:C:2H*:DB:I?C?K9A%8I<H0FGGA@25J1<87A=A==A9;QCA>73=G=:KA21D*I:J;A:K8C8FCD:::@5K=E:J:>.B37J,C2B>/84<>E99??4<>@R:C9=QAF?A;EHD<IM:PCAEABCB558-A09G>CK=47=K:LWKGEA;@CBE9B4@>=@75>EA6F-?=??>5CE8?F@>;7B@B==<4C@8BD0899,89@0=1:D<18>8FN605C@EH=<9EG=AGBH?KC3/<@'>4F=BD2?;;C@?>BD1D8@B=?.5:+2==>.<=>/>=>B1-ID7*F>9>:;4K8HDG96>1A>;CD=M94<0FL?F9+@;E=GS5>D:E@KB@>CJA?:9I9G?;=?HA>J7JA>6FD9?C,:G>FG?A<=9C?GM=G;QG6=<J<C=>4AJ3C@DD@A9<<@A;2;'D9=D<C@P98G=<@7B.C1:87@CA>H:EH:@1F@HFJ=>DKBCNC;C;<=4=GC@D8AC36:>CNE=>D>A.@.@CD4FJ5C?H@=GE?5A@ADDB@ACJ<H@:84=BJ3E9PO?GIAB.B2C=@9N=DC6BA7<BBD>?8,@=C98FJ7BBBL4@CJ11C>GB;@ECD9FD9FJAED<27H<?FC>H<FI/4=A@><778CG<B9C>7FCG26;A:?GFBD@BB;??HK==?;=IBA9.E@F?:=6=E8GE-GF:783A=J6@9A4A;-C=AD6>;<?F?F>:5E?2G7C5D6A6KJJ@=-</L?HE>>IL5;>&B5EBDC@6DF9F;?9II9HN>5E=DJ?K99E;H==KNGGMD=3EL5:?>G5?J=CEC6K8<BDDD:H60C+;MH:J;<+A=?EL>@EA=E@A>C??F=B>EB:62AF@D=<LA:<0>9@=A6<=>:5H<9:J.DK<@>@BF9=C0<8D3KI?<=3AF;@456AJCL6F9;G=FG?8;8C:H-5@ADS<-C@BG85K@>BIB.45CA>@R<E9I>2ED73@8C?G<@CA;=C7=G695I<5=D=<HF:EIA>EAJD/><+GC??;6EI><CHGD@G<CC<>MFI8;D??HA:3:;?@5.;A..:L98:=H0G=A>?FC<F:CD,:EB7C@D7/:F>>8IFB=B<I7DB?9B2HGD8EA>B569JK>L<7C6DO?:@E5=FMDA@G==@;FJEH@C;C99J5;FD2@CC:3<ECI6@CG<E<HB<<AC3H>E?CDH:@C@=ABIA?:I;>DJJ9@DA;4<?>JE4?6GNK=CB:>@3A?J;FD?<6@E?@FEG=EJ9D6D:L<F?FD8KAB@=B;3>BKE;DFF@ANB9FCHD>AEG>A61IL<G9<>H==FD<B>F<>IEA@=@I47HO9;>EE94M;G@>FCK;NK=1H5FDFI@<@=BG1=7=A-K@AQ?7;@-?<GBD/;<B@CE1B?@>NKEKAAA5L?G4+N?3:??CLDA6=/A@IC?<F4BI4<C0HA>C:;C@?>9IDP5<;=4@KGGH>=A<?B2=MCG>CH;@=@.<I?F@AAE:2>7C>@A9,E<DB>9;/>4@N/F?E;:/A>?5C60J?::?8:DEN7R8/B5GGH8AHH/HEK1CDJ<)83>ADE8=>5>8BR3!5DH6E-8AD?<?;;@C9>>BJ/=EJLJ8?KB0?=?O8;:A?B:F5BA@5HAF;?<B;BGC*CC991E@E9JA=P.:>>A=LE4??K6G4G7:=1FG9B@<AG<N<.=K<G2C5-@DD:D@<GS?;1/>3/'D>H4?BA49=<>:ECB)A7D5>6;=41?A>5<:>?ACJB3IDC19=E3C;A@=<4@B-A?KEE?F-?;G??3B??&);1>==@?@;C.?E@?77H65.:<,BH=F6@:8?A4G=C/F?;1G?>A?=29@=:AB-87>0:K:?/?B5GBCE?;PGJ@?ACA3=@CD:KB8=H2.>6;;@G*C;0@CA=IDBE6@D:@:;1<G2@?=>B?==-@BCF<808F.H4K@/?4B+@G6B+B9J24>LD>:6GLHA7A>FAC?9@3=D4PD>?FC9/DDEF<FH8>>?/E7?B8?2?@68?@BA<<BDGGABAE;A;A799>@<99BBDF.A>)<DD+@GG=O@BEN81B>F)@J@<C:<E<9DBH>@I>3341FD@BADI:=B>>HE;?/=G.K>/H1:N:F6I=D:AHC;5:>?C.<B>464F8FAI<=>;CA:3073,8=;=5B>:CE<@A-DF@C=8;1@C-:8A7EAJIJ;BA1.F8EK?CG@@EAF,=?5E;6DA1?A8AGDCE8F79.GA6A807FK=7>::5H@<;I8FGI7/DB/5?:;,FI=A41K>E>G1=:?EA;@+E-BJ8L68BG9?CD;<7E3F?@9C=4=>2:;2G74?I@=9;@;D;?)4C9??B@5L;=D99<EECM2A569:8D6=?,6?7ACBFC@+6;C,B:;B4:9+:0?@H=4H93N9J9:J5$?<6754=46F*9B=E?2C60;5F?;G-DC*C;=>5BK?E;??2/:8>@:4B0>?9372+?HB;>554H1-,<=&GE=<C?7@2>BB><;==64?2B7L@;3<49?=55C9?><<5?H9>7?=<.?B?O9@0CEAI23CBB<=G06J*0=@A9?@CB2?BBA;8>BG5=AAEH4G;6H??C78J>H;LB:19AGB@K@9C;IA+L=FAJ=C;8?;E?5HDA7<A?A69>?FQHN>A/9G5@>H@1K0E6=AG@E@EDEC838D<@:@E09F5>?N=I7@7>K4CCG?;A56EDB2/AEIFJ1D?A9GAF@9.A86>A9G>AE<5DDD:ELB;6=B@C8ECJF>=;@:AIC>AJL<A>?:==B2;>68IK57R<F?<>=80=<>26883=9B=K;<I>;C;CFCIFL>ANF@>H.7B=O>B7C6<>DG<B?I29-2K<D8=BEE<EF;@B:86C>C7?A=A;I=I7=?>G>:BE<CJ072:=>@DHECO?7>HGBD7:K6BFTAIBLL1=A,BCGDD>DHL<?EHFC:9E>=EF1=@<FA3GI><M?C?I"5K9<>@D3L?JF:;HBAKMA?W@?7CD<26C9<<G?>F2P@>31???>@DF<0B+BFBGB=GC=JK=;?NB5D93G>=;8:F@=C:8F<?9BED7;5FB,D6F==.:;A?=<:>=?-5H9>:/B4@9IG>2859EBDL=:G@=6MKCD=FCAI=JB0OA1L*?3>49"JAJ@2<:<A?3G@%JACC;<D:B9-J-4?&D9G@:KCF;(?:G,%CBLARG2!0CH>4..D5C4>;@II=>%2*DEFBI*6ED4;2M256JB9@M6E>C<>C4=@DBC81B=9;8/C6B56GDF2IMCH54?<BK=;E>6<H><K?5DBB<4GO@<9HA7>:=:AFFE/1>27F?B9><<=I6<E@H=>?7?7EG5FL=2@;@798=BG91H84?9:CA<BB=@?6C?F2.S5?8G=JAD>?L1LIEFDJGFN7F?H1A>:;*>D9:??>1@:?5I?:C>;IN6?@G>;?E@FG?<D4>A<?8B8H8.N@>I@<@MD8=JMD2B<CE56@@<C6CE<MXH:>C9CDA>E586><A1:HF/A9:BCA3>;H8IA>??=ERHC7;F7D<D;L0>CHAJ7AMHE;A>KEH@PQED2?BA@GBHF@EA@=IA?FG,D7E64;B><9<:0DI9C5:F?A?E<7G<394<GEGD<=H:=>>=8A@+44?73/K>6;::I?@DA@=/A<?<F;<H=/=E6C?34)8A:=I5=4F@C54>F2F5A=E>6@9<*>6;;5;=G<99@F82C4?,@=I8I:5>9:;36M<<47@6?=GD?89@;>;F@G68:8.@D+@&EC)<;>6B;7A:09@/6?G5G:1BC@B#?C7=<:AAACC8<6@;J0B/65>>D-AD6@@*BFFB=A<E@2L1AAG;=<G?K?=;N9?5=JD5GC4D=;CE;@6><;HHAC;'E9?ECD@BL7A9;@@B@K@=8NDL?9C>9;40?F:7=:F;?J<N<AJ2L71K=A><8?6FJ?@?H?8L9*C>:D<7I3=D>J>A=A7=:1=?>7B7177?B;?<Q3=@54@@D26>F3E@=-E@8/C?2=IL=6>>E<B=HG227=7C=5;<@7<28=93:<9=);@C920.FB3<6C-2C=<DB.6D;F>;9CC8/?=;15BD=5B919H77EA766M>6:@DKA?<=.3D)C1EFC=<AC0?26=9;@E>9C;E=?3BBI7EAKBA6C@;G:;65=B>I>8DCI?E=1ADDF68IC7G8AI7@7I/L9F>E>;B.E>C6?BGE=>;@2?7AF9C@-E::7=65F+875B?966E8BD8FFB3L@A79?ECEFBC:0GF864GA8>CC<2CCG=EH;8B755=?9C3G5@E;F8=DHBNAF?DK<87=KF68FF747:E=@6=B<;>2;6;@;45IBB38:B4@=H>A>:<9?@;;B2 FHE?C54G=@981=N;7G7>CH=ECEFLD@;:>7C9=I@D;<FGJL@<<=BEFEFJD8C;K=?:=J>;@CM<8<>K2?4:HK?DAFEH=/J2F?F:=@DC7C9HK=9I:7<>%2A;;DF@?=EI(BKAF4J2>CH>=?=4E5?6C$/>MH9GE<9;9;<9>FF=8C=D?89=2;;AA72FD:<4H2JH<JL;@@:=LAC><JCGD3:=?@69A::H9G LI:D>?<BIB?8=@(7CAJB95BHFD-CD?DD99:8EDAB638*@)C6H6:?9-37)C?:4<B;4.CD6?K83AH<=:A;67K>7EFFILL@BLJ;>P	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v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g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``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beVaKWPG??FA=?ALFA>HC?@;D6CEBA9BE<2>JDEAHA8AKBF?><E>@IG?@?DA:?8;?KC0;CFFCDDF3FBI:A:A<I@HB<=8:9DBAFK>AH?C4@>;DE;<?CEA=7>0A5@>>A?I87J3@=;:<ED>9<H>A?=,8EK;+@7HA?27<F@D5J>A?@;0789=>J:1??*=AD+A>5;=D27B6@I68DD>G@<8A=HC9?7@C87@3?A>BDH><=DDCC2;>@G;MFB>AD:C57<<CB111=D47;=@2F4CC9B8<I@9>=A9A@D@D>F@7,5F:6@CDEA8FC=<FD@4I@A<8@A:K;@J@57E>5E@6C6HLJF=6A8A::<EB6A2E@:6I=:95F=>8DC:H?=:,4C@B2A==@DI@;@?M;:=BE?7CEBHF@EB,@C;K55KCBH1A<=;<B:@F>9BK:I>GBDC;AC>A8E5ALB=<F;B@5>G;>+6?65><>@F><>2CC<N=ODGDCBA;FHBF.=?:?:C>>BG<L9>IA1@2>B:6A<<CAA<=6><F::.?GFDC:CD@6>C=34DI0A0@>JEG68F;AEEH?;<@@N@;=5>B>472E?>EE=B<3;K91EF@.:0E<IAC:E</@J<.,=BG?=A5A;CB<951>A8:)9>:<4&>=;<2=3D9:?A=5C<9><C>B<<C?8=<BLBG@J<G?E>:8B6IA9DH8,<AA<;@7:;=F@9?CCBF?AC26C<>C<???>I6GFEA>A?C>E>>EC8C2@FAG<HEBAFAHG?BKBD>AL=EBE>E3A;>F8EB.BLB@A1>4?6E:DCC;3>;GJ?GJ?H5K?98CB?D?K2C798E?>=<:<:@7?<;A@>E6>1>>?0=3>(EDC4=D;<DAL3AAC@;M8@I+>:@1>37K69BE2C7?<>>?699>7DB.;/8B<87A79B??6P:@99<;6E@4@B0F<533FAC*<:?<1G3:?G5HH2/810A<C9BD8<2IC:H=65FJ??7>E@B=C?@N>?G%<444AB19D<C?4:BL6BB=A@B<<FAB:@LH<85:<B<:9BN6F=MBMEACBDA;B>4I-9H2C@@>?CH=GB98?BF;L;0FDBLF;@FBD;D6BHA=:C0GD=:<E?G98F4@IEE0C5<>1=I@@D@=9?:4I:?;EA>?AG34=6BA>E>@=6LE:>F=<;:AA7AA:8AC;<;5B6909H5B:EGA@2H=?CBD?>A?G?;8:85=>A3@A<?AE@7;?BGF8F99=C6DC??@B;L:MA@B<=ADI<@?>8E?A+FJ?:;7D>>C?B<FB$3=@:8ECC<=7A8HB2A<:@<>@>F9/7<I@8G$;8/D82B9>;65DACB;E;-E4377:B<=@5;583HB-A@*32=7=BH<C6DB2K:9?@@9CD:JD7>FH>99?AE?@875F@=9DC4CH=D@@CIF?@BC=GA?8A=2;F;>AKEF@?8CC;A9ABF269@.BD@?DBF>?D4<=@?B<<87D@F??EB3=1BB=;@DF8@;G97H>7EDA::AHD>:E@3?B3ALI>3;=G9FC;=7>;@F<=>D;?>:AG?F=;;L7F?:CD>A9.ESQPO]\xhVQj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rtl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`j}¸–j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}›hc[c=>EG?99A9A<?H:?3?B<:GED2F4D=FK5D9D><?8>E;;9:6=>CGD8G:B6C@BAA6;DBAC:;FA=A;=B5:@C=DC@JD5D=@?::A<CF@/DC?4;<69B5@AD468D=234CG?B;6==DK?';D=95DH>>76E::?65?A=FAA:?@3=C)B<=<;888'FC>3&4?D10:7<IF:=5@@9GB6=8M6D4G85BE45CD7/DAB5EE.@C=?9G=F9>C@G<F=?>;@74B?>=BB=9C5;DA5E?H?I85H5;D=C7=>4;5:2;:9DCBBF7<CF>A><DG3B4C6>B:;BBA81=<@CGC9L<;@@:BF@?@6D<E>EB<6;9>#5>6CE?A@@BGJG9A>7DAC;?DCCEC9;;B=DAF<9ACC?D2DM@=?9=HC=GHB=JCC@HG=IG<FFAF>@H:?B:<D9FBC8ADB=>?>6A8?EOCC=G4>C:/EB(<<@@<6<E<?573=;EF=>AC<;H95C@F6DFCC<?A=D16D<A=@6GQCFB=B@8BEA5<D>;DACBA8==AK:<@C8<AE578=A@@@E;>FH>@<=DD>EBEC@=C>JH368:?D8>9B.9CD45?81E-,>83MC=FC;?FDF7B=(677=:=CB>C889BLE>H:AA:BH<:>;;AB==7F?IAF;BN>1:7<)<6G5?CBB?,4ED9=JK;"?EDE412M>;D:;B63B;E@>5CD2;CBDDE:7DC@=G/?B-/A3><@61=7C56LH?:D5?=<<BA.6G@?1<DC::8/9O1MB;>EEB;>>.C4@?@?;.?5C@C<>?HFFCB7=AA9@GA<=HJC9>:I1@DG=FB;;<E9B>B?.85>@>B2;?965;4>DG/?E?89BCFC85C8<EA:<?>D8C81H<;3BAJ>8>7A<64?==6<CEBC>>>@@7877:?C/6@@/E>E;RK72=A@2<>FCJ+5<H<:=(:5@GC8<CI?3G/C,DA8@>D57@FFBKD7H=??G>5A:FE0<24A.1-B:?GD?E>1B2CAA@93?5A?0<A=4A9A:9@83>500>;B>>AF6B4=B?=B=3;@3<47HC8CDG=@1D?/?+BCAGEG8<>>><8@A5DA>-74=;K8@C@@@HC@AADAJ<2?<56@5D>E7<>=82?8<A.BD1>C4E>A<DH65AH;H<8@/3=>LA6>C==<E5C=><A=B>D.BGL9==@3>CA?9=>>0C@?7>->?A@5F3DH.=9>5I6B?9G<C+F;:;=>=4:-H5.>F;9A09@B3D>61;=9A?:BD<>4/@C;?2;C9DC9A3I@.602?7;2F>>KAC5A<:<C8B;=2<?<I@ACA=E59B@6C9BA/BG27>6<8<2>B>@3@A?B7=@>@5?E:49=97L:34J:>EB1A6@C:>=H?<B:G9J37<A;K67@@CB??GB?>AF?19BH>>G9H?719I<A@BCBDB8=9-AG>8G<=:B:7BF>96B<CABC/>E<?6CB<8G<4?>C=4C:=A:>BB2?A8B@K:DC64B<ED?<>=5=9<C?87:<<:4C28J89>@?B8CA6=J=95@A>D(;>9=5,;DB7GFOA@J>U]s‹r}`V[[DODH??5BFA8B3C/C?EBA:?0ED>-/8A2P>3C<C==2A4EBCB;?68B08I<D=?:B2;B=;@HF7F=4?@CAA?@6:OE8@8B?><1H??D>@DC48=CC15<@C==:6@:=3HIC7>5536>DF5A@386@/?=01<;B/@;ACE25<2>AAA<CD>;BKA?8@D?:2578I/94:E9H1@B=C>>DB6A25H:6;7<APC>B9@<D6;F:EFCC;8:@:F95>=G<5JBH:8=;D8>9CD*=E0C:H;6FBC;GOGD=E;=EE<==<?:;LG<=I:4F99;4>7=75EAE=4A31::=CCDA<>EC<>49C<@?H>,:D4B:=B;<N5??@=@AB@B?5AA?7GBE3@5;3;K8=I?A;AJ@37A?+4MGA=>@F*5BNDCAF;5G?I>:;=>??3?CJ>>6E87FED@FD8>A?KB8B:<?EH:A=?A==DD;;D:?796BC5;AH@9D@9F8@2763B@<6HBBI>D>=A@E@E@F8<?6>B@8FE;KDH@B96FK:GEE>:B?2CG2?H@8G<G9DG6AA;H;6?694E@8J=B5CB6D8CA9903D>C8FL@38??@<8@@D@?8?=>A<?8E7BD;>9B@6>I<?=556@D?;8A5=@J@=7AFHA5D=?19:7=9.:=<??0;CF:;MG?<5:7>?<;>@8DC3:A7D:99=;<=<A=EA.:#4@B>9FBF>8CE>>9@A<E@9?>6:<A,9E<?F<0=?B?5A1;?CEF::=BFDA6A?ED?@<I53?682:74;J23CAH?BC==:1FK/G8AA3AB;>2>DH6G;EI@:=;C?<??I=E7?4==.@B?>D<@9>HDD*91EGCCDD:DA78H+<;:78?9=AE3;@>D=A:;467?=I<>C2B8=9<93H?A05C70>G@84A<DFE?E6?=AD8<=?<8BG?(;>DB4;BC:<3GA450D=>->@D@ABB>K9:>2?<A8>3B:E?=EA?=D<CA>.E,;5=AFJ<EJBD5;A58BC<8BCFH@B,53AE?BGI>:089:L3AA>A=K672A>A>CJF5<?8D9@BC4B7ACHI3;<<G<=<29EB4:>==<RBD8FH?:=2@BK:33=D-G86>BG;@B7.>M-=DG9E=@1BD:@;32B=D;A?G><C<>;IFF<FBDD5:<=EA<>4I?D7<947:;F><9B<CB@@56C@,9<A6B7=;BD>A=7?7>?7B;9<>A8A;1/3F?9DFGB3FA@HA>?A/I;@C<D=ID-@==4?92?<@20A=;A4IEH6C32181D<4=<AC@@2=:7+<?7:.AA;H-F?6>8:?9E?D8:@*@A=9FC758:;;K6=D<@819C9)1B8C7'?.4<3;H83,,3E:=C4=D;;AC>>:E;:C8HBA=A8GDJF:?HD?D;5C:A;68?<E?56:?@<:>:@7:E>=6D><9?D9<@A?<C;>G?1?96=A@E1G?GBD@D:9=>:D8?<B746B39=A<5@:E<1A7F?@@3>96C-I9FN/9=>;@>B1ACDF>>H<;;=CA:9E;:7:94BB6@EHB@>AB<@=C<C6?AA5E/3BEK@0A8?C84?CBQ@U~‘wk‡ƒyva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i`vuƒ�Šve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`��b…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corz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w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p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®Çˆpc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gÿÿÿº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kÕÿÿÿÿƒGCL6=4CJ8EDCB6FAE941=5B?95D:09G6;=>;>@4G>BE7ED8>@4?(B:3<=15F?E==@@><=>:<GF67FAAB6BCC)@9<<5;=>?5?;:=D@CF:?=DC>==C653A@@AB/*?;992<:-3<?A@;02AA<EAA9E>;;E>D@7E4C@M1D=C<@402OC;=D<4::DG=?<;C8G=HCDAB2AD:?A:A@C=?BGI;??K;>C;CC3D9.==7@?<A+<BCE>C8;8HG<EEL4;;BF<.EHE<>F<6C9=DC;>:B;AE:59;<8=@=@:79:D5DI=7BD?5A>AI9DA@=@E?EA3>;68:B6=E.6A??=;FCJ=C=99A-A?DLB;66?@3ACHB<A@J;>:B>D>82>E==9=DA8?H:>A:@=7A088B;<HE;E<7;=38HD>A46F8G=1F5EB99B5C=BC<B8B=9<?+A9A=9A/3?3DA89>;<:761>?ADA79"4;?0A@BCA:=72GF>1-::9A<A,1@J@@>8CB>H<99C<D@<>4<9?J@A=?97B<>=CE>9656<D=:<<;6AE3=C3GC@9;=>3A;;A:93??7:5H>C;<9<AD;>3168C0C9?AAC>7B?;4>:BA6?<E8;G/2?=2?=C>9=C=1A::CB08E7?944B"E(84>72@@D/A/55BE;:7>?G@@?88@D?D@:<2E@5>226>JA;=4-><E>?FD?6D?66?E<H<<;3C26E=A4;9>?<F?EACAAG=6>4634A4AD@?<DC?M@DHB@E6=FE=@D;?*;BB8@<@=@;26B9A6?F>?;BD6J74IA7@=D6E>FBD?958?@/832<B0AG3<AFH5DA.D9:2-=5??)5<*9DD7<:B==8>=>@<I<>/DCC9=(4<8:<CAFA61;718<?@9<BG=E79D/>8-<>5;F2>@5?=B<D29C32>F2<D6=6A3<8A<J<??E>EAI7:7;A?BC:@B:B;J6JHCLI.?G=>CD??;>BDGL65?6BA9AI95DA@C;9B5@G?A>>>G6KCECC.AA8<?@DJ;@E7>3?84532>84@H9A7?99?364JF2=52IC=A1:?:=7FAAI:?3;=;==D:<D<E9=JDD?>K=EI<HD@CE6D8AF/A5C;A@F=B>AD??H?85??HD@8?=I4-=7CEAGF>FC4<?C=>=A1:><>G<EDF5AEC?ALHE:FAFD?><@?A:?D<A@8@E=3G@@7<5<97AA/EE?A4A6@<;BCEL?>IF5?B9?:;F<A4=K?A@<%>C;A<3=>H??@BEEA>9>7B?I<5HH8@AEE:EA7E<5>@@:3JBB?=>+D64:?5E;8-=86J0CF989GCB4G<D;;20A9>D@>?<F@>CC@F>ACB>@5?3=CB>O1H?<<ADF>DDB:C4?C;?>B1B=:=@=>B<>+=-D>CCC:KBDB:I:>2D:=A>9F<@3@D;AF1BCFL>F@C9@><@AA:HA9<=B5<<G*E:?=G9FE-CD6>?:1ECA@A/N<D>@<;C=6E6<7A??B:<<BE;.@K9<;9DF=?CG?D1NEG2<B=EB>C=??L<J?9,;GA7GA3CBA@@><CEmÿÿÿÿÿÿr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�ÿÿÿÿÿÿw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fÿÿÿÿÿÿgOHQBE@0C=CDBC=CA8A?1G979C>C=;AD<A5=>622E9=<IB7?K;B>C2:<=:C><@?>-;@B@=3EB:/A=?:=BJD:?:A4F;7=?;88=B5EAEAG9=99B;=C:=I?=)5C<88:?=A?E>E7=?EE93B>@A<A3E9=<4AE4=:ABD;537AAE8@GDA><A9C>?G<.93?<C?9EH?7G<BHAC:I?:;AD8=CA=<4>9BCA7?K@L=6BBB56E@D:84@<BA=B>>?E9;A71>K>9;?@?F78;H<AB>GC@1=GBE7:;9>5F@=59C'B9=5E0;E@<AH=?;A8=;06<>E9?<;:J9AI<1JEE;:@77C?E9/B8BEAD:D=?A7B>5B==6:4DBD4AC?28;AC>H?=CD=?(<C3BLC@?=BJ@IDF*81?G<<:9=@<7<6:;@6E8?=EC@D><:D??>=J;E=8C587B8?:FB>E;=>C<9BD449HC:?=FCC7BB=HB<@<AGC=?<EAAA:98E;BJ:EC>AC7CCA=1C=D<AA/>C*;9A>A>A?0AC6:>7>J@@B7C?@=1C@?=8;>>@9?AH?,1?)4B@B>1:C0?BDB>?9EFA8=>A8B9;6:.@@8;+B>2?<G5C24>E@@?;9<<;>GA6?HGIB6,BH8=::=E:F50E3E?>@;<G?C=;3ME:I>DA:8:A7A@07BE6D;DD;?CE8E8B:A=4CB5<1:CJ?</+FBG98D;B6C@>996?>;D9A6?BC1:9C@969ED6A>)C@=0D@=AF=4?7AC8;@=.;7<?4=7:E8A?3;A<C2<69G@CD,BGCA=7FDA;H91?3<79B;DB<GE@7CBG;9D??6?>F@=EF>CJJ$=I;F;<<C=DD7===9D@C1>+G3>@K':G==;BD=E=3F2@8D4@F?>7AD;CA7/DA8H<A=@3@>D?6DEC6B?0@?E7<GC74CD?G<:?E@?4349??96E;9CE7AA4<<>GC?K+4C7E6+F-AD1CA/@2><A=8@<7:J7N@@J9D:H=:C=DDE:@1=?<-@A?@?<46B<DB4=8@A9@0DCA9=@7-A;>=<<C?8HE=;E=C4;<>D06D6?>2A<A@ACE@28=A8AB:@82CGE=;L3O*:=FG2I<F?C,AB=@51I>DJCA:=DG;?C5<;?@A>>ADGL<>A<=;FI<67B@6<A>G?==;B@8A;7B?<@C/:.FI?<8A??FHDB?5?@=45=B2538DD;76;?8)CICB;@>B:58=6D=@EAF=5BH9C?<C@4GI=C>H8A846=1:EBF@C=0CA:D;<@<=CBK>3:5>03;C4CB6905HI8?:JI3C?CEIB8>E>ED<G?F@:C6@<@?,D.C:;=>EEFB==7M>:D86DO@2HCG8??=A?EF5:EB:;J;,->:5C<HL?<@=C>5C5-C75?@H>?7>B;@D<C:DLFG1A6F2@;?6EBE+@@7<9;<:>2>E@>??@2>GGBG=63AG6B56<?D=<>=B@C@?<3E<7@:9IF6=>68;2;93;CD><D=@E=D?;B9;7G8?:(<;D?49DC2>;DG=<DG@9<>7=39:8B:8B>;A?:=A?HYtÿÿÿÿÿ·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iÿÿÿÿÿ�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mÏÿÿÿÈc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Ÿþÿê®m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¼°²g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l�h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„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a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i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c;>K:C@I-8>B';GL=C<<9:?0@B?@?<;ABEF;FA6;@6LC84<?=J;DJG>>@=0<@;G><474HICB6>FD?C4B7F?9=3>AF?6:AG8;8;8:E3C>@=:DAD?C9;466C><E;:B;76;?A=ED>>;:6;C:E;0:>AAB2A3B5BG?:=?>;0>1BB<BE949<;H?;C=;8=C;=<=<48>?:BD2AC:<A@542@;<8MA3GB?;G?<B<G<5?:C@3BDC>AA88<B+2<BBB.286<@@E?449<?CMF5.@G@=8HIBA>E?GC:;=BN?E6B=:G;?>5JC>C8CCACBE53A>@BDB;BDLG7D=?D>>:HHA7FD@CDJ>AKH>:BBH>AHCFG;?=9A:E=AG@<R4>1:@;DA>A4HAF4?=@I=E<A4<;E?GE<B<26<=>@?3A><A<A;B:DF32>;?7@6F6-7GDGDD;BB>>C>=83<5::29?A:D=:C<@?=5F5B:F>=G1;6=7?8G997<713F@8<<4816G>>AD;FF@>8;D9<EE@D:CA95<FAB<67I8>4B@5@GE<<GA,>:C8:;:63CD>@B<AFGE;D>9BF8<3;>=@EJ?IA?AE@E9?HBI4C4ECD?8?CDECJBNA5<?G1;DG@;<8?<C2BAFA;H@I==/E::D?@?@AM<3D<C>E?FAA9@E1DA@FCFD?EBA6?FDDIC7=G'B<8:@>B?><F;CB;A<?E@D<GD;38G?B88=<E@<AGJ>=KJ9=IDFBCBD??EBAGGI?EBCD7=G=CH99KCCG;2AA*BF>E;AA??<HE?><;7E?<A>@?@:?=9A>;:ADEE:>C4DCADB7D=@=7>7A;?I?<AA@=<8;;A>K>>5<A63<;FJ6?7D4:8<4<E?<B?<97=G=FAG8?F:H?@EDAE>9A<F9>B+AB;F8"72+?F;C3A:.5@EJ=D?E@GG852B?D;E@9A:><>BC::CCK6?JB?B;)99<>AE6B???ADKBBEG3B@<<:<BLDC9>6B>8=5D>JA44?<<>;@E;5E5?>=<>?CFEE=?5979CE8.B8C8@GEB.B@ADA;=F,A9=<9AA<E=80@MF5>365@DDEBAF@>?E16;D@=G:?>?;9?GGHO:6?K=8>>=F<*GG8@DEBF@A@HDB3@HEH@>=8<7:@=G:<>@3B><BEC4H?E1A>@D@07<:4>791::AD?C:?=3D42/?6=<@<=A97=>G1;<>A;+'7(0?H7D,.8@=D=@?B<;D@7707?BE<4C7B;:=<5J>?3@H<<9AB@58A7C:<17;6I4-;<:H9B=?+-C@8>:B7>A>><E:8:?9H4A?F=?A9-94=;?A,:<?4B;C<=;<C<8>;F>:@H21>K:@?B=E6D4==:5D<A><1>;>D?5?<3=3<;<;75CF4:L>DE9:A;?E<9?;C:BL;A4/?;=C59E,F<C<<38A?J=A72@<C1AE3B4@7=4?@504AEE89=;;7BB?BCEA7F<?>=<>36C<B?:@C?B:E;AF9=G<=BE@8?DB7?C:A?6A9#6;>:?/;>;9;B.8=<1?C8B;@4@?9@=?F-8EB=?BG;+CI<GBCFC<;=1C:A3A=B?<'>D@BFK?9>8G8<;F<CG@;5G=HCA:@BEJ=;/0ABED:<A<DBB5>??F<:>CB@?:=9ABKH84B>:A<DGB?4?7?A=?:69B=<6?@B<F><C+?B@@;;8,55BB;;C=@4-2:?918*J:@9=KI;46C>>B=?@:C):8D;?BEB:7D;=C9CGB:DB>F<9=>EB83??2<=6>9>2<0E<G>2?=97AAF7@;4>8AB=ABA;6>?9:B6?@:+9@C:B@B39<9/5=5E7AFG@59>:A9A4AE?DK3;2AD3=H9@F>@:3:3;@??D45C:?HE<?H=;=6B=?E=:HD<9?==H<:F<E9B<>HF@:CBCHBA5A98CB;@:K;:=6D5DFAKBA7;=D6G@979;68:D<HB7@6D>FE?CD>;A-E?9<?>3M1E9>9<8GB553>@@C?795C<C9?B:3?=G><GE=@9B@A@:@ED;?;,>DC>@:DD;;1??7<9<8@<:>8>:=G<H?<@F?6?=>ECB>?0=D@DD92I;C<CCIF@>=A>?583LA?7CFC<@KBHC9E?CE9BIC>AA@=JGC<C=F>:EC>??6;;>?=BAE8DD>@;;@CAI;?<>>:IC4@:EL7:AF7CA==@>I<CI1B<=C3@5=CBIF<B1AFEA?AD:D?8CK?AG?FAE?;LF>?49@??FADD@=47?8E9C?G>2JC8G<@F6B:=F?E=>DGBEC<D>;ED7F9F??8:7D=@BHBJ>EA<JA8EDCGECIFAGE?>@>37J@8J7L<F@AFCE>AB@:@H<;=>?I<;>JFC<K?;AAA@E:@?*D@9A@<BA>8B;B9A@=G?9?IAAD9A7<DD@5B99?>ABA8C@A?A<88@CD:F9<A9<:<AAL>?I9?5A<FGMH=FG>?GB<96;89A68C6E@>A>DBG:?2<@9A@EA>>>>BF;@4EG@BFA>J:<>2=>B@>>9A=8H@B+A<FCHB79>ED=E4+<<>5=@I@?=ED87<<JCC9B.;>>B:?@<?=+?;@BAE1C?C5@,F9B><;E1>=KEJBAL2AH7A@;2F=@692@@AE?7=BB8T7?=<<:E><GAJL0GC:CB:=D9;C0BFCD1C9?:9=>::6>>:>><6@4BEFB;>BD;>2C/?<E5A@G=A:J:>CEF==<LG=:B=95C;9?B9==8HBCB;=0C9F1@I7<@D.17>A<5:=@37C2B?9ACA8?::9BBD?@.:@;9B<;BD8?@;<G?K<C<348<9HJ===>;7EA3A9=3@GBC??:=<@D9<>7G>64>B;=49@3@B>C@<<--=E;EKDC;D=<C4D==I6D=6A=FB4<;96C:=G@?;@A>=CAI>,G?<9CD<GD3;CA5B>F8=@AGC<96?I=:,DA<?A4=F8>49/;?D5E?GGG>1;@97GBC;CDADFICE5;<A@CF46@>77>H<;?@<A<@=QKA8<C9@=<D=E<=8=C8=?98F;;=<:J@>BD<=F<8@7B;@F@BN>=9:C<E6;??::@:?@/D07>8B/?77BD;8A?454F?F28A<.78?4679H=;B<=EA6>@>4<B@@2DC=D6=67=;F;EBAA=@?<A@?@>GFEBF?CC=@<:B6BC?7D37>E<CAAD>4C>=5=7EIEDABFCC<DFB@@697A'9F=?AE@?43<G@AI78FD?8=AF?;7E,;FCI>F=7FDE<9<:FDE95><C(06:@=??.HE1:9B=>E?7E69:,A@67=<9<67>F9?D>?DCE2??4ABA?CB@?<??=>:8=C=7@?6ACC8=9@486A8?CCB.E?>3DH<?9:9;9>?2BC==F9;:9::AB/;ED@8<>?=?=0@J8G;@;@;@@G>D?</FD4CF6CA18B;.8?DD7>FC@@B8H=A<E=C:<=DC>>?D09A6?GB991?BDGJ4FC@>C7B9G@>G(976:F@==F@B=AF:><@=><>29F+4AE=>?>CC5A;3CHBB?E<?BCE5CG<E:E==:@DB&7CE=<24?8<40:@;@FA@:7C:;C?=DAB<4:<F><;=HDA:8<AH-?DFA>8=D??::4=673/<B@E.<:>>59981D6=1:9B878>FA<B;F<H@<7>@?A0<9EC>C:A=DG5?@B09/G<@:<=@?G>8EA=:EBC?9H?BD@;ABFI@CC?>J;F>?:=4L?=:=GB7BKC:=BH?AGEGF>4GBA2D@CB;:57>@E>DHA@?<89HA;7999DA@3<=H?>?F8;7@=LF2<G=E:=AC>BJCH>:?<DA>>;@@C;M@2AEAIC;E9B63?@I7D=>C7=>CLJFEACB<>C?DGGAF3>=E=HI?9<65J5?KCG@EF>>3?>C=CBAE?H?@?;BAI;DID7HDBIBBDE@F?E=A@28A7;<D;=<=;>@AD8=8MD7F7CC>7:<D=@EB<A=>5D8J?I4:C9A>@@>>@I4;E9I;;B>89C:0<7I3:E/<@@=;>E<BAJG<C;DCAE@;=D=DB@455F@E>A6=>;DJE4:?IF:F<9BB@H49?94CAGE;;;@=??=FJ0C5=7M;6:=AG>:B?=?B?6A3?3BN4@G;:53D5;?D1;6A:;6G:9?@<;2>=7CA?CDF9@=F/.1D:ACA5G>AEBO;C1=7E?;CB9DA;FID>>'@GCBG@DB9@<79HI490I;E4D:;EF3:;;697CD8F<9:2@?>:<C==>1??8>;?<A@@@;;A9;E3A=GA9FA@:5>>B=B5GDDA?:.4F<=HFAC=DBABM31G@/F>=<7071;@>BBE@A:J9?84CA9D,@?A<EB;<EE>>>8:A>@A?<3>2A&@HB:?DEB1C=<<-?FB=CH:8<E6D@>5J2@98DE=*?@@==<:?D65C8@;@>>;4?8B:77H;:A==@@5=A9:;?579A4?DA;C?:HFD94;?C89@<CFD;>9D898CEA@>9DEH6BEF?9G<;@>?=J1<A>>BE?B5C6?DC=?E;:C45GA;;DD@/J5D>=CK:@CFH)E37<>DA@A@FA97@A2<G=C:;=E?7A>H<A9B;D>=I8G@B=?=7:BF@=@68C,F?@BF8@<@->>;<??=DB<:B<D8@C2>9=<2B7AEG@=C:E==@?95@<D?5H?7H@:<1>5=H<1A5>C=<DE/A<:CDEC5?<=?;@?GC@>>:E=B4>?B@H297<==?<A7CBA1:=G/<4=@AB>@?A<F?ECG>20::>EJK@?DB4D7A?@=@7?<;KDJ74D<CD;2:C8BB3@1D6;+ABAB8G9:C:D<A7AFB8A;?D<@?=3B@DK:BDG=>D911;G8?7:A;6>:5D7:0E1<==93A:B(0?=?A2=4B?:5?E?G?;8=AI>::;>=9<;99<B:?A<<B>?D=><;CC5=<B57;;58=3<@<8<D5<D<B>@CC@<B>B<CB@AF;3B4BA22@8BA8<;5@D578@>G8@=@@H>0FC@BAF@<?8>AD8B=E=DGE87CC;71E@.<H;=FG<??==CA@E@@9;F*?:=A>C@4:=AD;<FE5;DB=9>E=@E8;=6AC;@@=9:@@139@??=?CCL?4G;;DB<<6@3?C>EE=@8;E:C;>1=>C6BEA;@059A78H2><LB8>AF@FEF@?B:632::;<5==AE5D=;;>E>AH@4>>1?B3K?6;;,;ADD%?8GC7<6?72?5<197BD>G>;B5EJ=C<EF66=57=>0I@CDF>F?26C::<@@C;@53B4A5C:EF<AC=;@A:=B@?;:E?==>AHBC*F4?>=A;E7=D;>;G43@JGB5D>8E@>=:A<BI=,7;@@5AD>@>@@<<5@<CA9@8(>8<9?<B3=;5:G>>;?C8=BE>DFF:@K;G@?=CJGBEACF3DEHC=??BO@DGE7<I;;E>AHI=?AHF8EAEACA>?8G4>GHABJ>D@AFC?HMG?=CAF>E2@9DBGC@EC;D@AE5BDJC9AGEGD;@A:FN@F?1>>A=A?DC@HDA<:>=AFDE8??AB<5F/H<>=;B97D@DBFB8;:;A98@@-HG9.;D:CD<;<FBC5=@KG<DBE8IFEC9HD<IEHK@G?H5;>?KA>D?6=0H<73=<AF5;2D6E@=H8EK96=6>B?>75D=;IF;@@JHA:9><;15A>5978D<:>53C:G9>J>?=I97H:.;;ED9G.:=RMGC6A2B:@:E@?K?E<?+@9;;?C8D@G*:MB@@/6?<==*H>B;>BA=17>L=BCH<??A852G:=>-@A;=;?==BG?>FA>@C*?CIFIMH:8;BC<H<IAB@==C;9?3D<9<7.D;@@B@E=6HF4E35C>E7?D<BFJIN@/;A<47@/?:;?.46=98D6=EC>;5G8@DL>?FH>8B?B?>?979AH<5A,@4=@CACC2D1?J5F74@5?=>1@;?:=C?>(20=C:3.=2I?D:<,4I=@B9=8@?A953@=:9:I=6B>;2=G:7'@<9@7AF@?B=<A9120;?:,=@9IG@?JD@@9A78A8>IAA@>G8JE>A=@C5?=HA.9>>3:EFFD@=DB4D=B>@9DDBA*9A8>4BE@:AI@F=8@BAB>>??:E@8;E?@>4;/B?>3GD?HB?=>>=A>>>;<A?B?9.ACCC0K>>=I>@<4<?=?;<@>79C>8>I8>B>DJC:79=<AFAE<A?AD@=5CEC/M5=3<@1C?8>?>9?G;GH<B;:EDACE>@>=A?64B==:5:<A>:G:GB<>?62>0.96==AA=DB@?DBE<CB3CBEGHKF@HG;DC=C>66KE@H?@B@;D>EB?C@B6>D?:9?:;C6>D38@>IBJ@ECC6;AJBC?:1EC>68?B>GFA@8FED>4E<2BB<G;0@B?>H:CE@74>C>;>?;:@;:@AC<CC:?EB+=LA>F5D6?CBB7DD;CBCBD;;J@DD@5GB77BD;D;5E?B6C9H@:<ACCAC9ACCCA?@FFGI<D>I<7>79C7CE;8>=<HIA61DDED6EC:?AB<<C/A@H47@:@=F>:@<<C:KG@B?@6:BCE<:B>>7B=:??E=DA8@:D;916H9A?@C:88=I@?@<KDA;G6><@988GEE:JD;@:CEB48?=AH=8A7<@?5A?BCFA>?0:>@69C?6>-D>N?D@8JA>2ABH<D@AF.:8=??5.7=@C>76>@AHCD<:?=A2=?55'DEAA?8=/<6DB:D;;<6A:DB>&<;<C=<:68E=;8@48?CAC66E>B9+?5@0=B>C@DEA>?<<:8>B?;88;?@17?:A??J508F86C75B<CCC>8C<?)B4E@ACE<C@2@9CD;D9EGGF=B??@>MAA?C;C=9G@AGHH=FA='<?D9;CEBB@B>DC4FJ9;E@<@@5EB?37?C@?C5:?6L>?H>@=BH?<FAD>=DBGI6DE1J;DH6AC?;A=DH<KD-<>H@EDADFPBDB@FD99<@77>D@6A?I;A@B;DAF@<AE=??:?J@D=GDD6?62@G89>CFBH2<D;DFH=B@3;=FJDID?B@?<>C7JHA>6EHJBB?:FPGE@@BCI>4AA8AFGA@EF<@BC;A?@D7IDJCEE?=C@B<AD@G9C9.=B6@B><CH1>=A9D>>C?;AF>BCBAG@B>B5A=A9>@29>>DG;>AF6=@@;AIBD8LICDEA3<;18J?=;6B<@I>75<BC;<6?=C?;GH>:@>C1CA8C8B<DI34G>=7HFA<J6:GAC=;<<<E5L=BADC=:@-<6:EC9BCJ?A6@D6=CBOFF3D>K=F?=9>:4:7E>6B>=>B>6CB>C@@B7@DD?HE?A6AIH:5BE@CCBDD7D<@B@3DICLA7D?-BG81CB@A-B>DFAA7:J7@<EO?;@RBGG;4E>@23A@?==DE:C:<L>?:ADC3E=>7<<':=BI@?ABH<;5@>B47=EE@AAD)EBKCCC<7@=C?,/F77?EH=C/5:5<C>?20?4:;@@E9F7C<4?;;G@>B990AAD;=1;f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ŠL8::P@B;CF87HEA?BDLG7<E?IHB?<F6?EHADA>?EB:=KBB>>A>=N?;E88@H7A?@@6BD8:CH>=+GE6G=8JDD9B=M0AF>@:E>DD5?=CICEF0JIHG;G;?@G>=!C?:JAH@8H:CEE=A<AB6/568;4=#ACF8J>>K9::BB4A05KO;8@@:B9D;HD<=GF=E9I@D89D7KD4>BE?@5B7@B=/CCABD:AJQ:6IAG@;?FB8?:1G4<=:AH;7;=9=GC5AAJ8;G<GEGB<@>>1A>5DD7I?*@<4=8.BDABB95:,:D903>BD1D?@7A,>7H8E8E@F@>;G?,79<?B7H=9)61<<@J>5>1FACH<82;?C88KA7;JB0A749=I89H08>A>1>DC=7/J?;9;<CD6:6336GB=A55BA;:AD?<=@J3@<E;I?01A<?>$B??B8:AA<=F2DD98@CF9-C@?CC<B4>/E30F:<BA@@B5A8AA<KD@@?<<BH<GEE=EA79E:3>=9B@FB=E:B?448@=AB4;DBF;B<AB@>>9=<>B,2F<IH3F?<<A=4?@@F::A32F:;;>CCCGBA5?>9=>58@?>@7AE8><<?54A:=<;B=>=G;=AB>4B-C@=I7DAC8=8BFB:DDFD;K95A9B/?3<=>><@5:?==0@8@9AF<S195>>E6?9A?A88>?79C>B=F;:6BD;>=<B6B<;A6-B?<BB<;3A=>=P<<K>@<459NCF;CC:4=<=<FA@B<B35IAE:@58E=)EG<>@G67?@=@74CBB<496A@22A8B;BE=955=ED:EE4=H<0:=C@AD>J>5D-:?1;8=B9:9C=6B>D;>?,?HCFE<8?3ACH6IF;F<?B6;=>6FE:?;ADIDG@@E:G9CF7I:F@3E>=;;=<DD:A><5A7H?CEC:8:==:@E=<AEJ@4?@9D=F@=<K1<=E<C<=A>>DEGJ=-D=@ACB@>??:E;A?=2>M;:<G:=6>@EA;A;A4E8C??=;D?;?B7K6>-B?C:9>>9B6B=<FB=D98;8D@>=3>C>B>@D?:9J8<6E6BFHEA>E9<B=@;@<;80;>2=7:8:>3HDGBE5;BD9BF41-8?BI.>90E@E3E@D>D0K@3<2B0;@?<=6F:?A?A=;?>BN9.8CDA9>2F<?E:ADCFA>C)A28G9CA8=19@B:9I@C67;?<<6B<H;7<CD;>?8CF@G=:@I,A<E<6G<>BFA?F<;64AAH@CF@5GEB5;D@5IF=D;L>>AB?=>@8ECEDPF=:BA@B;/=D*>6<74A9?D@=800<HBI<BA8<E>CEGFG2?/>6G?>E9DC67E>@IBD:@@E?=C8?>D>=:%=CCF8A>CBF9?><9@ADE7?A9@=GHE=B9?FRG?/?E8DBB<><=8?BGABL>;4GEIDCG7J?7FLEFOFDA=D?6-=BAED?AF?DBDAAA?9AH>8ENC?AA;;GF;LE?HBCAKKDE;;;A<I9GCD>?CD:AC::COGLB7<@>A=A?EAC@B=A8=BF:DE@H>:??FK:;G91FJ?7E=I=G;,AB;CBL=C<AB?PC8B9=CD=C8AD<9:@F=B<=F=->G=G?B8A>CDC<N2@A=FCHAFJC6KDAF>>IDI=A7FCGABEEO@E;?97H@5:9A@C::B;D<=>DC>=A>>DJQ;9CCB@@G?3JBG?3:B?08C@;=E?EFF;DCE9;=@:3G>D;<JD3B7BG@52AECA:?;B:E>:5<?>GHEF?AM3I9A/C8>;9@AD=G@KA8CDD?<9ACBAB.QF?B<B7KE9E>E83<8;6AL=D3AE6ADBG>B>>:?C8>:G=<>D34=8@?8>@F>@=;<G<6B2,:0CEB;9C=C;E;P@4=@FM=9IC?)>2BKA?B</7=E;8F@F<<GE@;C@=@<.E632<A1H?=F>>C3E?<6>3;C<:@E<83C>;EF:CFAQE5BD?E>=A,<<25;6G3E=?>9;DCA3>1C?/AHA2@$E8:99272;DCE35=6+#7=A@CA:8<7>8?C@?B??H=:?L1<-H<9KC>D==6CC@D5?B@@?:A>DC88;K??E<C>FC?K9.9@F??==7HE=:F?B1,D=@<B7@>;42D@974><@;?G<8A96F00>E<=<A:98@?=@:C<BBACEACF>F<B<B?8=@5J<=@95BB;>F@=@17>>5>>B?B8;4????7=5DE=:B<EE@3;@A?==@D:A-;??955?AHECAB:>2=D:'<=E=@9,B7?A31??:F6E@8G=2=57;;>G=,DF9=A35E9B44940A@?C9;3;@9B;2?I<5@A6@=C>;;C@;,:46F@?>C@DH776<?8<=FCDB1-.@.D??89@4;FC7>E=AC5?H<=6=<D==9IFE9@C<E;7@178=:?HA;;D:IF=61HE@;;C<GC0?>&;;8>D=580?A>D74?>=C:=E>@?B>CF@@?HC;D4;;A8@C6A?E5C@<>C<<??,<8B?87C=?>I;@7=<>HD5=>>9C7G=@B;@?B@A:8?>-9FB=@A<AE9B;EA*C4B@7C<;694:8A<>C<;6C:5G:;?;A;8@@@:=>@:3;7?@?DKJD=7C@76E<?>B?=J@4:?45>A8?LBD6>=CA==>FC7AC?=5>:@C@>D;>=KABGA@>L:<=>=DHMJ2?8C5H28==78@CA:97>6<<B4IC2;K>9E,@;B8K=2=A?;.@268?C:1;?:?593:D3=?=,:8?45;5D=9B=@?4:5(6BJ:D598H:<B;:;>:=,3;=@=?E9?:>2E<B9-DD@>>;AFG<FD?.B=5?-9AG635;87@::5;GB=>=F1C3:G7=;H3H@<H@B9>5C1=7@8?+A/@7B>C@B@?I<H=9BC>=F:E<=>A>DDDD<=IB;G<LEC8E@=F79A@FDA2M<6HEPJ@GC?4>>C8I8>3@8I>AEJCB4=I@E;@><BAAANA>+AFE:B<A:<2CAB<?;>EE><>9A4A>=ADEB<D9AB@EDB8O>?@K?9HJE8E8FDHFC=E-DBH@A.EF@B<=C7=5:??G5DAG=GGEEBD1?<B@ACFF;7B8?:>C<DCA=K?B2GJ>D@$7BCK:;0BAK:9F@ID<BD@>CE6ABBBH?;;:8J;9L6CD>A?8?J>>?;BD8=2>D<66BB94F:=GAB:H:4DG:EDB6=GJK=D?3@890A>;7>A8@JA8>7:A<=@FDC9=BJ7@GG?<AJK@F?8@<4>AEED9F106?7,:9B?=JFBBF?E>;?CCA@A<E>AA98>@<;G@CC?>>??>O@I6>@;@>D?9;C?@C:6@@FD<D@;G>C8CB;A::89D>E9SE?D.A4G/B.;:OC:7GAIE<FBG;<ID74?6IG1CA=F@C=BF;F<6J<@;;8:>=5A;=5?1;56?C@;A@DFDH>><=8GB@:+1CA6@=8H=C9:<D2J=CDA@4@B@:6D?<@EC?=:L;@CC808*@I3<<;C:GH=@65<C=F@=:BDG7?1<:,2A@>;<@76@94A66BA8>< 7>@,/HI;<>?97;8D>0+@6FD;6;AE?HK>?CC:A:9?9=F=@3JF=EB:;/H8=>=>>81>8=,;?==3DA7AE:8,?@@E>?:<CBD7(><<@;:@.<9?@:86=CE7=984B:H>4><55E9E@:>9:BE;B5:>5==H?-89@8<6@0A;B6@B'?<?;8@3D(?==EA?9<11<B6<ME0;;G85<:D:>>E=C6==?C06AFL@>;?:CE2EAA2<NF:9B>EK86BA64<;4D8446121?A:;D7:C?DB<;=,GI=72?9C>+;IHA/;7;4C?@@C6-'D>?CB>.F:5@5><A7+F=75ECAC96B;?72.=CDF8<<A==1F==0;=:4:D3*EBD@=E6BD8<@<><@FD5=?=D>>?H88=@A7C>8I:>A?<587E5EA=36>A:>-8@@4=B=7I>@//CB9GA<8E?>:;@5C;7=E:@;<D7D:@<>93DB3J@@?>8A94G:>=AB9>;/C@=B7A7A05;8?@;<;:D8D<C;AB9@AE>*C<4I:6<:<.;BBK9>B><9>:E=>E?>@<?9:93=:<=BD;A;HB:HCF>;>:F:A@=4,:;<F6=3<@>?D6=CB;9>>6?:@;?D=4?<;:=4?B;FE2<?;6A>>A>>F>=;CA@F2A;,>8JE=59CF;5A96B<==K@=?><?;@<?J?BDDD@9>:?DAA22F0:=E<6@2B.@GG=D;A166C>ACB:>6F;FA<,@BH@C?93D<H?9E:>DC>DAB,=BE;D=9B7<?2B.EA<<74-/C;A6=>=@>;CE6A;BFCH:;DH.4AACAJF9>>DB.<A?92<:8@;<A2=C;;DC;8:=G;B=2BG?C7C@>EA=B611A8<05?9A:<5?9GAA?=?<@B>=C;B@0<5F;GFBK;G=BDH<B<@@DF?=:?A@A6GCEJ7ID@A?>C;6FD;@3>B>917A<4H8>?<?3=?I@>6DFDDMC6DAG=C-3@CFEB9GDH:BFA?>90I;I7?7M6CA7@?@;B;>>?B:>D?B6HA?D?F5C4I:B;A:,5@GBF7GEHJEL=AAC98A>,87D<-HM=GFLB838AF66<<C>;F>GA?JHDDCD>BAA<E?G5?7H<8DDCDB?9?I;F=@9B<G?B<JB8<H:FDEI@DAIDE>B:85J?<5BC2=:0@EF1?LB>@C9>><G7>A8EC?6=6A=F<>B;F<DB/?>IDK@GCHJC+DL=6E?@>5K6:I=@A?I>B>6?<=E7E>G9=<36@?@GBA>8<CDAD>HC>?=FFEA6>F9?H8A4CLDDGDCE@;4@5A>9*>7?7<:?@:36>@I9860?@AE3?A;@>B@CC:FB8GA7A:7>A4GE6BD<6F?@;DAB<D>OG67.<=H>@B:@3D=?689:JA>E=ASGE@;4G8D@58=:@DFD7A9@I:J=<=6C;B:=78;B39BD9EDB7F8>B=.:@>=;?0760<4BA3G@ABCE83@KA9H<>>@HE=3.??C=7B:66B>8C=D9G@96:CAC;>8B<-?8?H3<6D8@89;0846CDD=@-M:0C>BFEBE:6@-8@EJ3@F$7?@<J8<3>>0@C:*92@;EE>64EAA<;>3??>GE8@7>A@>G;>2/=E64+=F8I=8<4<B@@==7A:JB2H7?ED9>BJ.0@<1CF9J@3;@<3<ABDA9>:6;;K<6@896;A:9.D?<?8CC=;>@>?5D,;G==?EA9=>@.:=?2C<8@<@5=.9.4<5@GB;5I@29<BGBEC8;==2A;-H::I<A2?@64-C;4:H9);@C@>@DB/?418E@@@@984>?:9-?AB<.3>>).3<H<>@A9/8?-<<C7=CBA96B;A<2=B;?D9@3@C?<>C=D@1A0564@DC6:>A7<;6<68E/A;@KFA<9@9A?;GA;?7EC787I?CA>>?;B625@:C;IB9?5?6;4D<>908LB@C@;?=C:=6E45A9=B=97@1#D6F=<F7<:::G3*8>=/5@89(??;B??<FD;A+>=9B>9<8:?4<:IHAF+9?BD;C>?@@?BCD8)C>/E??A;9:68D8A7?;<D=:@>9CD>:@4?;H<EN.A5C;6@D<:>8>KA/9D=>>E==C:AC>H?4=D+7>D:9A=<9)DBA<?AE?:AAE>=@=<=6>>?E:<BBC<A090D=@BC?8AD<6?@?:C8<A96?AG4DA?@6DF7;GE;:@5FCE>A>F@<??B@>D=>C80>;@EA<C;?F>D:B?9<B>>BC0E<A9@9AB+AG;A?;@8>K=?CB<E=2B9>G=>H>;7<*=<5A@?9E5F>:D7DD=>5GI@EBC>8A@B=B53B?BG4?<?>*1@=>:9>@CGAC1C@2BECCB8HF?F=80C6357F<A8EB9=C,F<:<&?AI;H@-<F4<<9:7,=<B/9FB>;/;B5A@?<G:?9;6<8584FA>BEK.DFA6J2B?AB;G;A961>BC?:>@><E=A=?=;A;5;?B@?@@AD>>79?5@5=?,8B?CABAHC9B<BE8=@>;::8C=@1?D9<?9=@2FCB8C?AE2D9J>?7HEGA>78=;?AA86G0C;EF?2<>6;AD/83G=;51;3=<>A=8<;>@:@5A<CA@=?75<89D?E?GA9:;G?<ACA3?<E=A8@;=D@CJED5EBIHC=??4?IGB6)FB39B73=59EA;AF:C9>@6<BCEEHFCB;FDA8=E2A1=?F@FI<7GAE5I:>B8CA6=8G@L8D?F?ECED8G@;7?;DHA:=CC:DF?B;A:95?=DAF@B1D8B5LG6DM>Q>5<?E=G;>H=<8:A>>?@DE<2<=*=C?@<,0E9C>81>A?97;9HK=B<B79TG?A@9AE5K9:659>HECCD5079B>;=<9?BD;D86?D'BB=?<:;4D<6@<<5I?A:6=C93FAE08<C@D=B1:;?/5AA:AE==F@@?CJ;B@:>IFE5NNP<9B96<>HB1DE7;>5A>74AFA7@>:>2K9?9A:7O;@0@..A>,9D6A75@<;G7<3CFA<C=6AA?A@+0@><?9@*D.2C9<?9@94:5JA@59CC8H@C6<?@89B=:B/G67D<@5-HB@:8:?3=0>6'=C0<;<C>J79A@<6CC@>B=ECBF;J@HAD:<F<B<5:20659C<672>G9AE<C@66:8C83099@7BA4?=9;3:HG-9B9DB1<AD7.B.1?/;,;36?H9@E@?=:F9EF8E>D>@BG*19:CB4?A9@EJ054AC>43H98B9&3/E;DG-24@:B@DC?:D@<9+<$3G9A@BB@1>=.2DA9<5>>:;80=@9=G>9D:=;<HEA@<9;F94;B8>GEB=<AH<AL9E:,5A:*CB>?D4?D1<C/9>9OD>A29:98=9?@6@:;3;=6G=8E?DB5,G@?@6F==>A@7A;?07?=CJA@A@<C$<;C=;E4>CCFD4ABC5<;;<B:=;C=:==C7@>4EJ:GA?;>CA@@I>=:D<4=8/B=M<?@;AG>>AE@=J;BC<747B=:8E4@B;A?6DDA?C2D@CCBF62?>B?'94;=8KC;CFF<?4>B@DD(=EE>;B9";B<EF1<8:=8=;08>8E=9><A6=8E:<<@><C263??:;=?A=A-=16>B;;98;D2?>9=A95<G>8AA:D8@=1=5G?D74/:FG.5<C=6@C;21;E2D.?7A86@1;?AA1>-:0;@@BA6C8E9;F2@D=>3@77=@<>D:>::D8I?=C;F9@E@@>F@>:?<@A;=>>@HB:@8@8,9CKF>H>FACFBB>A8DD=J>@?=0;3:5?7>E@<9F??:E@D;6>C=9@;6FF@=?<I5:A9EDH<6;=:C;:E?B:8BGE68@;<C@A/<?H<=;BC:CC>@B>9:F@9@DD?I4;=:B=A56C@E<AAD?U<5BF=E1C@C8?42E<H<<7>?AC<AGJA4<81E>=@=7G@C/H06<4?E==AC9F?<;C:BD:A?0=8>1:>C8<><<3G?-=8H9=>:FH?A@<9C>:0G66L6C>F==>CE8@;@B/;@AOB8@:,:B;C2<=:979@CG2<;?M1;>7H4<>D:7A8=BB:@B>3=*B8=>>H8773B3:CD987B487FDA;<E99B>C>EC*E?@5C;397:6<><<9AG:A9JG?C:68;<6E?;H+@C6B=:EBGA=CD07B?=5598GC6@?>=E2IE>?;H7==<FC>=E><:?D<>7*B@>C+H>G9:7A>>=?E=@@A</=AEA8?A@9E=B=F6J<5CF=7D<9BKC:B7@A@1DJ<?A<A@F5CBH7==;HDBBNEB:D>=4EG4C@<C3ICBAD:GA:CC?=@@DD@.;A7H;>FC>FFC@CD?C;@BHA=4D:;I=G28=GC?OGD?@:8FAB8>@E=?;E4?:?;<8412:98D?0A?A091:F9B>F@B?BD??E;>A94BA<O=/F<DD@,5=A;9<GG@2@D><<@;I;8@5JHC=?86>?B<E=@=@G:@G?>;;94@B;B;HJ>A?2EE@<FA9>GBQF??B8A=F;D92<:=+BJ=>@F?2,@5B.??7J7:>M6<B@D>762>670A<:3A>5@C;;-9H<>5>7>DC=%>;B4DC7B?G?4J>39I8;C702A>DOF7:1@E76>95=AH<A.66F1.61-GE??EB;>7@<5B2@@*8/@04B/8BC4=;;<8:B?<=4E@76A61<G:?A3<===::>>;?<1;8A1;8JH=A<CL;FBB?:B><=@G7?>A<;:D=45?5:/.1HJBC6084D86:7E?C;9;-<=?<AC=F5.BD@6A<?2?=EB<)?:CH73D1C@C>D6?E;:A6<>@;A541IC:D8=<8BD>AJ;>9<7::;AM2??>8A@A8E<<:B@?BA;HM:1B-=3FG@@9CEA=?@@GC5><=3<9>>3D;@45@3F-6F6>:MA;2(A<:@=:BB@:A>7:<?1;9@A?<>8D$9;;CH><.?==E;;/>7>B11@D:59D67@>;B?9@@;4:9BG9H9?@CC@6@>;;A264:79?5@4<LFD;@==AJC<6<CE;>?A*E@;<066/DBB<<<<C=B???;E2GC>BA1BFFAE7:E>CA5<>:CAH<B8@C<>@I;;5=?;2A<C@='=B?72?G9@;7EB;LBDC2;BE@4?D:>9H?:;B>1:;C8F1<2F?>21&88=<A.@E<A<=3<<5=@>?>39C45D@8;89;C?>==ACA:D2KEEM9<=2@A<6.8:>;422?;<6;'2BC;A6==B8DA/2@EG#;@@/=@D@9>>A9+D:1;:<<:=;BB540I=9AAA>=E9C<E59@5<=FG>7F:C*D>J>B8C/ID?@>8;FD=G1<93>2D@=A5?;E@;CD<==>45D9>=>;:D?=F6D9D?8?@E<=>8@FBC;=678B?C7A7:?:FD2D@=;?898>4,:?D1><FLHB?F>69CGF3;<<E;F<D.7F<;BD@IG@7:F=F8:<<C@D?A<D6ECB>@8<FB::D+6<>B==CLEF==9F3=HB<2@AA<968I0<0;H;I?@F?8-;<@<=.8?9=?E?FA%H>@96K98AE%8@0:9@D2:A?@?CA=D:@<@187<1-AH>@90:?@6HDA:;8<<4@B1<@><<<<C74J=>G/GB:1@;.:0>6C839@:9AG9>B1<8:@=:5:EB<C8G?<0@A4C6*;@=>@B.;5FA:2B<J=7C;<CAE?HA;/B1HBA7A4C$?=<:=CD==8D;5H1:C7=5E4A<?=2>A9G>?;6GEEFF<C5?>1;IN?BF:4>?HC;4A:-B=-C9<4=@;56?3@<@=F8?H5F=E=;;<?<CK3<;F5A;<C878<>D8?;EDBC7@CB2DE>?=B<BFAC85DD?2DEBGEHBI2L;9GAGGDE=<AAEJ@=BCFJ=G@:I4A6AFEA@E8BA;A=BA;:A:DHF>4079A@2F@9?=ADBC8E89E9AC=99GA?<DDB-?6>@;A@6A8)1>D<@C<4>?;A:3BAC=>=9?57AA=;A;F98<DIO?ACA;ADA8F6E8EB3;JG?AD8:948@.;9864=H:8A?6@9CGA5B;@:B?=B9DAFGH5DD:>=IB>=@5F:GC</7=:5EK>A=<MI<:<D:8@D5BCT7>?:7?:C8BA@=CJ7??H?@*H9F?9;:>=5:B=D<:58A@>G;?B@A;@D6:G?360=?AI<=@3AB8A>;?F1IA<BC>O6A8D:A2<1GAI807BE=A=:67M9B?HA<,?HE52=<>DE=2A5:?@EA0?<@<B=B:B4A8;B<<IB9>>E>:<;<><:5=4>@C96D;4AE==B>65@5;B6<AC5;K,+==AF;?07O5,;,B25;A52A2H;=;6<3A754=>AD9;3.9J18A>5D<??2/0=9BC@?7A8?D=>J@-5;D2@<5>D@44J5=C/5B@BB>56(3@C'7=575C*::<1;-=?F@>9=?D??@;<=B>-.)C>3/:?K2.3=A9@%B4893-;@@<4D>2D;;I?D=<?FBB=<BB3D?=74ACLA85:E>?7>FAJA=D89?7?37C<;C6=;>=9A5>5GG2>3BB>@F7A8=6=B<A<?3:BM:2,9>57;E8@IDK.==&-EBE729EF=A79>AH@2AB?78CJ>B55;MF?@?)<A8AGE13?G<A@87?687E87;@=A;=?1>@:=AC8;91FB3<>?F=<H>>@?7;I@B><-E;>5%@@>04@>3E8@2=94@?J9:=5@>4D-1534H?:E@.=?8:BI8:<<==?9AJ@D=@AAA?<1,C5=D>?>F:<E4A>;56I.CC:DDD28>8/:69=CE828@<;G=;7>J4<EI54B<7@5A?I>7C@A=K7@B6A;;;:9$/BK57;;<77=;@9>;=B9;>>8?@7@=4=;F2BE4;D>A?==CACB?BA>H+<C<C7B;?76<F6=4?C?>98?>AG3A<EF/?<=2;E?;B-??<<6D==<;?47>;@JCDE>:B91>H9D0:?K15C2;;75>6-J=F?9:8@AAH;?LEF<?E34<@FBG7GB@E0BC5>?<?A@=?01>9?93;A@;4AC?A.9098@8DB<7CD?5D6<=@ACC>/=7>9L?A?E36?B@9CF>@1<8D4@MC<?AD>751D7BG<;C@B4<<AB19G=>GE=AC>J>/>3<B974=IB6;7AC-E;E-?C<&<;>;416?;D<>A@=55<9;@=79C?/KF:DF=36=<?K=*BB9@:6@<?CAD6>??9=>:B@6>9;;9FF??:E@C=@;2D?;>C>?=6A-<33<?<:B68CC76AA;7F=F:3>?EI>:E@>DED=>;=EG=B2>5C88<G45CDA?F44;C><>=>=47;<:@<EBD:8@<@CE0>EK>;4>)G<GGJ9>8:05=>@6G*:>@79?B@J?:7>2H=9>BC>,<=5;@>A8>A@A:C@A:@ACJ7::O/BCE>>IE@7?A;7CH;>CFAAJ=B>4CD6?8?8F;=>4>=BBD9FCL?EE=:G=<?>DEBBI@9E;H?C:;?;BGGH@B6@Q8?=7<?@>J.BD?>=9D@C66<7D0>B?F>?H8::A?8CF:G9?B@;@BEAI/@=9L2:ECCB769?=E=9?//;5<KF3KC6?5;BG<5E5?=<CC=GBCA:>8>:1::>?;TGEH?AB47EA?CBKF8@@?>;DL?<@?BH4C>D;?>58<9;A>>F1C?A?H2MCH@C6@A9CH6;L4D=E:A>C7;@F9ED>?%AB?L:?IFDBB82BK?>B?:CB38>ADG3AG<96;B9>1BD0E@AA=HH;P34@7A??<HEH<6DG:DL8>@J?6E=D989I=6IC<FCGI227:@@G@>G<B?C?8ACEE6C<2ED:@@>>DCFD?5EC9@==<@3-9CC4>HA@8=49@1<DD6A;/G<B<HH>E1HEE2<4BC:AI?7?;=;???C.4D<B<71?4J:7?/5<5A=9=0;,,?B536.EHB67<?9E;;>?4H728?*BE>6;DF5?><>5B303EG=AB4:<>>:1@B@BFBC<HK?@LE014;/A7@B)0<:B<0@=>6CC==9<<@B;<=A:D9<9=7)898=6BC68;7D;5H?=8I7+932BAIE0<9?>FB;B;E?<@?GEDC<1JC;2?6=8>?9;C96>:,>3;?8:75;<>*;D5GC?A5694C2=EB@<?4<AA=;B4H>D?F4@<HD<:;ACB5;>:I>?;:@6?8A<?@0;AC<@?F86I4<B9>-?C37?@4?A5>CF6>B49HD>BD6<D>5064=@IAHBG?D:9?4:DF=:A5AHD7=;;7>>9G,-A5@:I<2=F<B<=G=5H:=:=@99C4MB<6>0<:8D6.C6=:4@=A6/BE;88:@4H??JC7<8F792<@=C89;5B?72=CF6,H:5>?6D0DB>B<:?4E:?AE9BB@<C@4E3<==>?;>4=*>@-E9<A@.*BBCD6*,8GBDB;@7@8:;CFBC*7;JC94;:4?6;<:B@6>:7I;AA:81F85>821=G8H3CE:<A?E1/@B98F;:E6DF>4C@7<CE8D@I1AK>JEA:.?:<;8969?>1A86F,:<FBDA>@9?B@:7E@09?@C4DB?9@C?DA=<>?;??<4C=.;0A>EBC@=@DB77<A:E>54;H@2EA>7F;:B7:=>@B7C->7;?>6D:9>JD?4?K;;D86A5IIA>9=6*C3=AL?A5>@5CEBB9?;:9=J@AA?B>>2D:5=:4K.?D%E@G=73I;<CB:J:;>;;<9B19A::6.B708C<:A=?/ICDD==5?>D:J0A<275D@74:AH>:FBF?B=>=<5.=1B0<B>GEI=?@?;<)9>B:G:?A<A?9=C4I;AC=H@6?E;?;9CBAB?H>G@86@1@E<>>8AHE<F<:9=@<3>;>:<FB>>;C8D87>?261@2,87<>>G9<AA@<CI==214KAGA@@D>@87AG=<9C+A<7>790@G<>9D?6:BHGG6FG547HFGF9?G:A46;7A=2IBHE:>9CA=<7EA:G@.7G;@@;GO1B;/=>;>@D=DI3=C6>@C;FA94?AE9B>CL;AG?7D?7D>-C>?;6A?3C1HAFMBAJD6@=FC9C@?AG7I<@1)8AG2=;:GG7<?FCCE;5:?9@@7<:8=5<>ECF6@<FG=D::BAA<B<G@67F?B;6:=5:J>==E;@?CAFHA90<;;5?E@BEA7D7B@HA>@A@CA5<G;BGEJIF<5<ADB8CO=A=BEEC<?HCA?<=G?B?;F;6?P<E>>D'LC;3>I<D@:>AI;A?DG;A68<A2>D75<@E9A77G3AA?B>8931>=:?4:BIFC8;78:0F9;>3A:D?A?4<BF<B;JA>D5?8>;9*>,:K>@8=E@DD9?>AABH1<?ACH>@>G;;A>3>@@<?N0G=?B@<7;4;7:><#@@7B7F@<<A5A>E?6=?;=>2A3;8A=C?GJ:>:=;D>GA8B<FE7@E3>;:NCG;<E?G@@GI;5E>?>C;B6773/JC=4BC>A70:/H;<?:9*;>>>DD8?C<0BDEL7AC<@;GE0(A7:97.B<09A@0;BCA7:;9G<?.B><>@=>;;AD9857<>6748/1C4A989>88<9FA&=<17=?;-A6B=667=8E:<:C3:<H<9:31E@;DGCEAHE4H=><6</6;<7F69<8EA>:<BG+48=G@=;E<@5?8>1>;3D?=86?<>/CB2B@6:1;F<=7624B9A9B:KFCEGB7BL?DAI:6DD=:>@GF@:6/C?A0;15??8?8>J>@5CCD<B8?FI=G2DBE>EA;=797/@;BB?<;G<<=C@;C68-=<4FF7G;GBBCKA?==;C<C>99@6D=A62:?84KA0?@=6D7696AH8C924<1<H?;>>?A?C?CEABA7C/C8=?><?>;:1:;<A1C=A;GB:9;6952CAA6::9DA9@BAAJ5>?D?B:@6BBC2A:D8M<=8DE3?FDBCBJ/D?B9>A7<:37.BE<A:979CC;:D:CA;A64I8F><A4HB7B>;D;.AJ4;8::<2D5C8<><DC97?C<@=D9:A2C2F;92<<D=DAFCE>B;BD;8E>:<?@A9D64J@@8I;<G?3F@B2<B35B7H;8E?F;8B;@D?H6B8:?D6D+<8F@:=7;@<2;;;@59<?I;B@C3@7C>><A@=C<=D:<57@4AAA?;B:B=7A>?.8(A@:<3:A;CB7>@B=:B@8*:><GF:::8EH<2B>=BCA==<AG=9C3HD;>69C4G1B8=:17=2D#A5>?B=@9ECED@E.CF@:@LDBG>>C;>=F@KD:A?=A5GA@FC@<>=<BA/D7D6>?A=A>=3EB8?7I628:086A7B4:7M<=AH:9<KDAA<6C=<DB=?6;=B?B:>A8:?:<:E@B@=<A<CA@E=9H@?E@=A2>/:?6<=4<@AD@@>C@BH5-7=FC?:A.A7G;B8A=?@8I29A9KD?;?CA:@@BC>??D8:C=5:)<E@E8?A7@<DA@C?:7J?E<5E7.?7E@>=6;=:9>C:276>47G8B<@C;:AA4?==@87ABC9/7DA@=61:E:84NF>G2:=8>6D?9I?9=FA4=C.AHBF1B=D56BCF?@9:>?=7=:B3A:V@>4BBD???E=B@CL:<?RA>D@HA>FFF:H4I@9B?7?AAGC@EE:F=7?;>>8DBO=@?DCAB3L>?8@E:5AGA6?<KA>6>GH?4;:<DI<BA;B>D=B;JKC9E==K?@HDFFD>6>C3DMABFF?D6>=H@=I>FDBF3898GAE<=DBBFHJEDD=:<JD/;:?;.=;;HB=H<DCA?C7FBBGA@??8BCA:B>E?DHBECAA@N4@<8?GBAG0>GA>F?@17F=34-:>AG@G<7AKB.2D;@<E8<?H87OBDI<EDEAPC:KAHBC5BB>:G7?2;4>5<AF0A-78AIH:>9@E<C?FA;AH>AE5DB??4M>E;A8=A5===B=B>D66?@,D:B08@E;D6>DEL8?CC;<5FGA>4;6=@85ADK5B9G955?49F=3;JH=1CC@7F@6?5DM>9DMC4;AK98:>5;AHE@9?B;I:DCE:A;@>5B59DG<DA:(F>D-??NF8@;CE1A>M88A1<@??FA/?66B8@?-@DCA657K=;2BBD23?@DD3/D;@0EOC>?;@>:=DJ5@%?A48/6;;3CI<JF29;5<;;CGEBF8BD<7?9B74=B?I78G2;0F=@8A?G>@/@@9.8;:32:0>B<>@7:ECA<;B3<8='21??49951AD=9*:GCD<8?:?>B@<>E<:A9F03>CE<;<99@;@>:CB@J?9=B;4%>D6=C @4?2;@:?>CA7/>;F>A9B1<@3B>7BDD:9EDA9.B1C=KC?AA6;HD@:G2:90=D=>@>:D6:/4H=?;;@A@H3B2>E9C9:7/=9:B?>AAF;CAB@I6/F6A>I@E=?B'?<<DE0-?=<<F<;0D378L??5??>;?>/;-4;7=A?C6;=9B<M;IEE=BED49DE?BD>:C@0<<=8H,EC>D956@@8CC.2=>@;D?A@>2@5DA@<8<AG>BCAMJ;91><A,?F@9?G4=1D9C:>I;<DA489G=-KBD5>FFD?F-@D9>84;::86FCB==8?=F?C::?9DC>6=>GD8A3GEH4>:AB.AA9G8<9:-@BA?D8?C>E?><AI=G;D=75@/F@/7>=@<-AB=;8===6A?B<?/DB@8@BB?:=@H'2<-@BD:CA>E9/=@B?4BBAFE=:@C@>><><<;@D3A@AA"3@.:8D7:0C>8B9>A.A<CD@=@=FD>>5EDD7=@;;7*>@;AD<@@8@1<<9@;=77>E<3?B?DBCA@=C>D:J:<B=8B@9;GEAF=>9FAF4?28C>8>KAC:A>AB=#F=<@4DEF<9DC;A78>:6<6;@?A:/=@=8HD<?<FB<C7+;<:4K5C>D0:ECCB@A7KA>D>2EGAF><A0;?C=9CA=:A?A;515D@;??B@EB><ED;>@G@@;:@=>;4AG=A>BC:B::8?-=I>:C@CA@;;>@AK<<588A?<881B?4B40/<1AC=?9:;;<29@CC>@8;CA??>:F:;<C1B9<=>:BE:7DADIAC0@D7ADA<>HCC;H77HGC5E78C9=;GH8ABA@=HB961CD=:CF=0?A@;76=5BD@ADB>AE:;BE=B?<>A7A;HC@FA64DE@FHB8@B9=<6?@C6A=;EA><E69=GG=98HBA8GC?=;@CE<BE<9@HE@C2=D;97=J;?AI>@I8P<JA:FEHL=5F?KB;F5>AB=E76A>8=>;9?>>I7@BI6<:CA;A=9<AI<@@:?A@B8@O>B9;B?AJGF<;4??G@D5C6D9:@?DC:?C53CB;B@5@A6G::I-EHD>HD@4@45PDC8>B>777@:A@6>9<B=DC?@@A?A9=B5JAE8B;6;E3FD>B;<G=N<A9?DA?A@@F2;A:'EHB=C;JB@?C=GDI7>FAE@>CKA78<74?6ADE?>:B>8:.648G@-D7C:GBLLI:D19B3;>BI@<C=1=@A7=B@AACDA?<BG8D3GD6LF3>=HD=5?>FC4A>D?9FC?3<>A>==<5D>EF5HE9:A<;AB>A=<BD3??6N?;=AF0:E9EHIHFH@AG3@B@?BOBD2EAB>/5<J@IEBCFAA?=C?=DA98D'I@<A>C?GG8:<4BD=D@DDD>AA9?C8EC:EFED.EEEC3FF;=7F:AEBJJ@B;M9EEDA<?B@=8@3E?AIC=FC<<ED?D7B<;2FDCAR6D:I0->32=4C:??C><B??>@CFN6B<:>A79:ACA?:09=CFD.EG?:KGH3A=KF:=./=8?7;0.FG<<2HHGAAAD>D9<C@85M=CC;.@F>=@D9BA<BDDH6JFBFAJCBC?84>>CA;E5F?IC9EE;AD;8<9E:84F>CA9GD>@B>B<@F@AUC<>A>?EO85?<AA;FEC:?1G@<BA>;?=C5?AEI==H;E6C>EA>9@>7GLK?C:A@5;D<??8FC>83CC@GEAHA<A1?EE:56D9HF4E;K>IBGD;<D;/=@=C=?C<;/?<898@?,>@>:A>IAF:>B>:==73?;CA99F;1?;+ACD4?;DEC=F674B9<OD:C0GCC@BE9EF=JD2BJDCAA=@93@=?I=DE>.9><;EC6BCC;?EGABC*C+@??<=AAA7I=BF6B>9=:7>3<JA:A:4;2189DDJ3BC=:>:CBE762D2693;7CF@MCAB5:@;0D?;6==:CG;L45?;A4:DEGH<D6?D@E?I198<>/I@:=.BB@98@E+9D55AC<>-=??=7G=B>@AB@1E==I<C9CF57<E>AD::=5D;5B=><6>9D>HD?>;1A=D<?28<<<:@BG=C4A7?BB;=C=2C;I8C?90:?@?35A@C@4B74DBC59<<::F?<9EB6EBH<?2A=>:78C3?@/A@E4<@<A=EF@.>E8<@/7:6?DG?B@?;DB=?<QAF8?==+:6?<?<7B=6:0BB>D/=FC=6;;>EC<@;5?A1DD8;:?E=D<G=<F?<EA??;C@;@>8C@:=?F9F3F:<6?8>;;58>E;EJI;<=<BBE:68';9?<:8=EBB>FA<9AB?:==L=BECE=CAB@5DJ<@4?<89<=9B<DB=16=?8<@A7BHGH6@5D8?9H;EC5D>9D:3L@?DD@:<B?<?;9<>9:=;C?B<G?9==A=3BM7;?B?>==:DD=G@:EAE<D9@8;B4B=@F?H;?85E:8<7>@DHH:E::<B?=67?F@8?EO@>F8?A58=G=9CE6A@E@=CCAD@;2:?=;C?5<EGC:<4?@DI5D?LE?D7;>C=;5H8=:>6=9=;DBCG==>=5FE?;C8AE:B8;=?JF@AB:HLHG/==;4A9;<@>BJA>:CIG=D>6?GJ>;EJMI7BBBC=DE8HCNA/E2AHJ6?;G>A:<5GD<=B6<54?=<@D:5BE?@K.I=<>F@9@L=9<C?9E;.:2CAH7G(47>=9F687<AA>9;@C;:FBB7>A>98E3><<F7D=HD8C;D>B?D;<C4GEA>06@FC=ACD=:;LB;BE>@5;DAA;A?><<LB:MD2CC<A=G?>6ICC??A@89<D9@EDA:<E@?;B9?A3A<K:>G@C?N=<1F:@<:CBJC=:F-AE,LHGD99EDAGAA8K4CBMA@BE=6=@I?B>GIAE1-E9L?CB?MBM./DF5?F:>BE<>D0FJ;66>@4GA?@8;E94A7>==B3HQCA<6@D75CEDD6<<BB;=CESD1?7@98JG1@A<9:/;HE@:?<A==>:BCII4?B8DDCCH?A,7?>61IF:>6D?==FC><.<BC2A7<:P*BLCC;?;D>0E;FF=2F18>F<AE:H>@A<=8?A<A=E?CA0IH46,=AAA;==@8;;<;=A/B4;E8=A>DB;@FJF9)<?88IC?@CCDDDBB@9><E?>:?E?6?>>8?<D@E8E?H?8=7?<??<>*A9CAI6<5;G:A@@A@-25FDD9>B6L3AACB?B;?E?%AIJ@<CCI86<=LC>?/FDCM<8-@BE7:E;0E99F@E4GGC43;6B>8.:7JDDA6,N>B;B<G>/=A<86:<7417@>;>9A@L:>9=I;123@6L@6>H@C:=;B?@<BH?<<C9C@;?AB:9C8:?7BH:>6?1:8=2=4@H@86:A>===A4@:>B6=<I8BCE42;2=?J=F:E?65CBDA>AC<=:E;ECBADBHCJ<3A=DA:6@C<E@5:4?8@AHAA94E5BB)1AD=:5;;5=AC>@@?1B4<=8G<CH9?CI@=:D?:AHC=@==:AED8<<968<J<0=?99BBC81G@D<E?HBE?;CB5@?DC9CF>@>7;?779@,?7:I3E9:<A?87C7GB>B9&B2DDA>C5>E73>>E?3?969@>C?8A<J=97<BHJ-98*229I<4@897?:?9;A>8E;887C8?>8;G8>9HD8DD5ECA><FF0=7C8:??C@>G<CA27B<8;6>=;A?ED>C==818AC@3@<B>7FB5=@LB>>H5==*?A8?H>7C?F=<@IBG8F79<33=B@D?F<>=@BB?H@/G>9AK>CFA8;7E@CDJ2=D==;F@>EB?=EAE<A9>=75<AE5>L8+?4A:=<7B*<48;?8?;?1<DF55@AE;G57*7@JHAA?F=AH@8;>9?<B:<?AD<A68>B>=-CBE<=D1@FF:ADL56>;C<?AE=;>;AN><HB<97B5@??:>B>B=I==CEB5>6;CIC8F9@@?7;B;:===CDCGL<A==E9L>>67DF?:>::<?:@FGEF7BA0=K@:9E?ECDG<?<?>>D>;D@6BD:E=C5?>GCFH6;=G97HB.==B=@>>JC>BCCDF>ACJ<H@5F>A<A@ECGD9CEB?G@F?DLBD;=GCD@HBABKBEBAGA?B<E?:>5AB>=EC8DHEDFBF=HEC?<BBBD2>>?D?M@GDDBH<F?:<<:B8AD7CDCF@:A>EEBB9>?>?IF=9;BI=<@L>CFCB@?5=BAHH5<N:A869BA?>=D>::C;878HDI@CFH?B@L1?=G?5?5E@AEE?6>6>DA;=@AG<J:4CAEP95HF9;9=<CGD=BFB9DDGAF<;I@9:9AE9>9<"97:E?PBEGAB@6BH@FC7;6.?;=JCBDAD7@,9A;,@7FFCGD5<<5H:DJ?0?3F@=?E:J=TL;LEFAGN7A?D@36NAA<=89-?;0=9DDG=D8B?5CJ2F?E>2DFAH>MAG8C:<FB<=@=9BC@>G;B8?=4;>@F>AC-=;<5?GKFA??=3QD9<.D?CC7DBF8=1;=AA<9A=B=C6A?B??A@(;@?DG5FDC?39E<@;18+>;=I=9:C<C==?6>@EAG;:4A3??2EI:=?4?B5:@GC@@ED9EB?->:DD>>@>I<L3A5@B6>39<1B=@CA@1?D:*2??=<<2DB8?;I5B<I;>:=>87@?H.D:=FA;H9CF1?B8<BG==<=<E;BF==HE<7EC=17>K;6C8<H-8>E>8;>;9H/DJF<>AACABC9GF=?3CE:@N2?DHA:4C<CDD@@@D0CA5E?@D@B>J:E@AB3C=?7=AAC?BG><3;:;F7C?AD6B7E@<?A3F>C1=8CJ?:;LD;1?DE5>6:=;@D4<<7(BGI7.D9?-C?AAC?@?NE/B05A2B95B2>=C>E=A@G>D?;72=@CAB>D9E?JA=@78A=C8<@3@BA@:=M2;;72;FGE=<CG;AB8>>6E@>@B4@:5>B?9D<E>AFK4E;69?GBB<3H?F6=@B;@/K8@:>H=6?<@=K3@E7B834<=HEAIEA><3?>:G<EFC5C6>7B;FG@H3EA@ECC<8JC>@7A9<;C<6@:H<@?@B:@EC@NA?KFE??=FH<>D=6=?D=BCF>>DEEE.#'C4:<:?>AD;C7C;G=AB>A67E;C?A+=29>8;C70D8>;E??A3:5B6=7><89B?<A0C99<G;>;8B4F<BA06+B:.D15<=>9>6>=ACC<@=CG86A1G8FEFA;;7@D>7=@:A9D0-@7;@DAN<C)=>3@C7AE5BDC=7<CA6I6>=B:C8G:A@EDD:B@L;BCB7DB7;@EB<C7K>D3<C5>C@E9:<>B?C39;AF?AA?=@8;ECA0:=>@F9=;;=7=2M?5=;9GA?@:AC;B5:F?:5CA@B>4@H995@A==FB@<EJC?F99@55H?A99B:<>B94FDD;>>1A:97;>DD=?;B<><66>?J?HGDAD?;>E<>AA@?;;:A@2BB-G@??C0:@B<@4AI.AD1E;C/E?D@?-D=<@CD>A@0@C7;?BH@>1G<AC@@@>C>:FD@FDKB<E;B><'B;E<K=D?=D=DG4@;OD?>A?2F>E>CA9=AA=<@K::ICAE><;@:7O%AD@AD4:G3;D;D@HBBA3;E=A6>>@@?BBB@GC5D@:E:AG=L?>>AB??E>=2@;C?A;?>CG:9DECM<E:@:EB7?>:MDEC@;78GA;@@GH@DG7<>BB?9940;E1IFIE9CD>@:DDE?>DA8IA;B:E=EG6=8DH>@A6D<FCKH>=E@I@AJ@@E*C8H<8CCH?AICJ;C>I>B8B0B7C@;>F<D=ECHFF8??8AK5=A4A9CA9>B==:@;B?C.??F3@69@?@BB:::?@EFCC@=@<@52BF9CBHFE?6B?==@AE@GBDE=A63EAB=G2ACDD?:A=BBK7KE68:F=C4AC<4>9<;@C><6D??7EFB:DFQ7BL=>BB>>9?C@>CH8GHCLH+ED>>>.;D9A6L%>CB7J87A>>D<@JABB4K?:DD;=B8FJC<B>BEA?E@C>D6<;EL?DCAB>A?>CBB?A@BQ9;I?BCKA?=47;G@G>6CAF>DEDM7?=F?CA;@ACGI?G@?<F7:>:=F74@H:C7C9@1@GHG>CI8DHBL<7@<DF;5CK>?=)@MEA>+=?8FC:B9A3)8DH>A;C@<AC;C)><68J;F5A;CM=BB;5E@BB=4=GE@@D4F4<D>F6D;C:9?0AK815H@<6FNKA>>>J<;H6EGB7EDB?B;2>;H@7@0?<18D:IEEB.?;=?;B@<!CS>I77CC@0F97@H3;FEJG8EAB6<?D@9:1-=I@C=2@?=AI6@H?GC7J5<9B87???F;@BBA??@KDAC;7FBC@D?@>?6?B@AF?4A?=:@>54C>B7@=?DH;DG=F;?@A19C=C@;IC??9BB?683=C>>C@G@<<;E8?F:H@HC@4?EB7AADD==::EBJ6<C3G@9ECD7=:<AE:?KL:6>A>??4?9;@8H9DB?38C:<<J;.J:2BE?5-B?D4;>@1;DEB?IG?:F@>@A?>>?=D=@G04A:44>FA?:>;D?==D5@?FFIKG=?ABCA>8=88KJ6B@<E6F;AA6;9@?:<A1<C@E?*<-CA<797@7>=-=A>@/L07:F;CG@>8?/FAAB32AJ=-C;A@8.;@/=J@822CG4<<IBD>?=876<D6B==D9<A>:E<=?ED@HHC;G0:E@674I<<:4B=A9=A=0AA;G+>AIG@B=<,9CB@EBI9A=BD8?1;@<KC:>9=@88;+EC>BABD6=@H9G9?<:5:@?@?0<8DCAA8B@;F=9>=D0ICD89@6?D>>;666=E:4CBA;4AE?I<>?:8>:7>4:?A8CA93>AA>D?A@CE7=9E<EGK>9A;C9A;A=?:BBACA>@LD?@9?<@;EA;@;6D@EG@A1IDL;DA)>IH;ADDBB.>:B=HHA<A?-<HH90B7G*=;8F@@JG<?C=<D?CEBA8.B;@;/B67;;6>?2K?B@D/4835=96=@I=@=;8==60D6A?B7>C<67BB<C@=97<8<85D>6D2EG:A?AF:7<>7H?=?6DFD>B<?G8C1B7@?ICAB@C=HB?:L;B=B?F5>GDE?H7<038;?=6<?EB>@>@@4=2C@F@>=D9>G<BDBD;3?H;99?29?:<?BAB@@B@B=F5A'67?@:83<@A>>>:EE6>>?I@B;=<@;9.>9ECEI@5?=?;>:C;=<-B?A>>BA==<B=CC@@C=6F9C?9AH?A;@@LBA9BD<ID<?FA;GG;CO=AHA@C<DE87FAE5C<A;<>CFTGEH@?AHD9FF5:DCAKAE6;JG?<BDE:CF=;;@E<EB@J?;:DM8EBA?8==3?@?>FACB5AJ@@>B6?<L>-DC>@8H@>2>G7BAJHI;8IF?>E99A.>AL@:<J:;==<-GCGKB7>8F<=:<LE4BFE><@<>GJ<ISB<E?GIB;E?>>9DBCA<;84F;A@=7?=E6A<@?:A?AD;>=FG?BGG<6=-G9:@BA<4>B@AFBEDI9=MA>='KAG78E;?C@5@?AA@8@I;>?DF8DC,<8;=L>GF<=?7A<BF;BF:8G@H??8;7D:CE8GB1D:IC>>EHB5BDHD<6AE<FBGAAO@<E?>HJG?<F91JEC;C;5ECA=3BA,:I;EK?E>C?DBC8B??E?@?3;J8A?:?;<E2A:>?<>=MG?0A2C>A@@5=C8D<BIC0>>??,=7@CB?=FC/ED<D>F:IK?=7?J@8GE@=?948,0<>B>@=<>HE;9F<7?BF.===6DEA<C/8;=J2:B5GCCD:ECJC46DCB/7>CFF6?A?=8>>?><4@DDKC:C@6MB1>C@IE9==A@F=:2:6;:07>I<:A@>8B@?MM>8:BC0DB6A@CDEJIEE-:>B9;;6:;?<=8?C5D:;::C;@0E6J3H??A<A:=H>2D:F>@:@9=;>D9:J4;:J1?:B<7GMBB>DAD:3BAF;E>B<A;9??@A5A?5GBA@B044<1GGC@8L8D6/6D7=;;:?:CA;<=B/;?A-=?CDM)9BC@E@CD=8><:@;??A=8J8F<,:E;8D=BI82;FLB><5=LBA7A228-EAF:B<2J1G?=2=IDBCC>F)2B4A@AF>6=/@<1@E>?<2>BE@J:>??D:7@?EF79D?DB;6A;+=CA6@:GADD8H=-E9@839C;<@<?@C@<B/@A>@DAC:9AB=89?FHHGE@J8NB>AG=CCA@G?FA<CB14;BBD==?3NBC?<C<=?GFC67>B8>EA5B161K9=:CB,@C:<DC8A?>>I=?;=>B5@;58A6C@=2C3H@2F;@:C3C<FD@>;BF3F;=:?40@<>=;:4:6D;D85?DE9/I;ACHE@<4EB5>486GD<BIG>?4H8A=<FCG?:603C3:3ABG;:C<F<;>MBEBG87>?GB=<=AD=;7H>E?BD>8:E8EC@CG:B=?BHD<E<EF;H17E/.DC><=?<AB=4B;C;;>09?A3A=E6D>3;<;8HCD53FF?=C>FD;@B?GC<J:G6?<BC=CAD?EBAF>MB6D;;@<A1A@@E8>?CCE1IC7982?F;48E3@?K92E3E=A91@-21>K<>>9<BAGJ/AC;??G81E>D<1<96FC;8A=A9>ABF==>@8DJ=@=7;FB:75F=C0G5?309;?@9<=<<ED5F;<AD6B9LJG6<?7;H?=@@E:9D;>JA:9;A@:BCDC>8>J<96>C6(ECA5D<:F@D3@:)@:@>@B8HABA5:A*:76ACDA;A:@=?9E4=JCB9=?GA84@@G@87<=E9=4CFBC;?:5@=8?A=@>>C>=9B9C:E:HDDADD?EDGD;5BEI7EDDH:?QG>H?C1B<2<AD=A=E:M>8C<C@:@BAC<>B@;H?GEBC@C8CCE8G8CDEBA@8>F??8EGID>J@;EBG8BK5AID5@G=@FCEMHAEC;?:BDGCHC=BB6?SC)?>G>?8;>BM<B-B1B8B:;F?A9@>1<5EDCIABA4G>C<>3DCMA@C1FJ=B=D<ECJFAG?I@B=AE@G?>EC@AEA9E6@8=B@HAB7U?IEF9:>A<9:?0NB6;NI;B:E<3:E2?H86<;?>?8BDLDH2?IB4ACHE>?A:C<@8<ABEM;<CE0:<5<>I6DEHHF;>A06C:<??==F:=B?<;>;@G;BL?78B>6@FEG=B@;JF>BACGF==D@AIHFE:=E>@H<P@C4C:9ICDH7@>B@M=FA9B+G9DGA6@FDFO=<C@5>>:EC9@EA=>DE>6/E>;:C;:/?DF8>65><>G>?7C1?G4FA.06<+G@>9D:8F=<?AE2GABA$>1?9>>8?>7B@>;JGA>?;<5D<3IB7<D<A5K?@?0:B4B8<@AB?B7@BA=<A>C?C;FEB=>=BECMA?HFC?7CBCBHCFA4=>2G<C<<A=GI;1@6EB;;?>E/B>:=?;C>>JBC8>@N=7B@@9@:@@HCH:G@=?EFD@H8=E><>6<C9.A9G,C3GBG@@5@D>A@>B8;D=>G?GA68DM9?2B82A=;EA=7=A;.<??F95C8E;7C>C<:=C7<6:D=>?G8G9CCA87;39>@0G7F9.=A48=<98DD;C=8@@@=8=:4AEA<<;=C2DBC7?83@>AG@9D9>=3@A><=EDDE@6C<<C4<8<5256D<AFK><3><9;78=DC>6=?@<=?2B)9>F?:?D9A=><<?==99E>FD+>5D;=>C@A1B9CE@*AG>G;>=76AB:799;:=AB>97D;==F25C@D?J<66>858=8/H;B=6@@;;C<7B6E?84B0;=<A=<5@>?DI<<<:?B?C9=?B<?:F8A<F<99>JFGE?K@7@2/B<?:>@>DF4>=6@=<><=>7=AE>A8A??EAA=B:=2E030>?36A<HD?HBB>BD@AAAA;=C?=5D<:?9C<<C@98=+4;>6:=@>O2=::ABD9FAFG;6?;?3D6=DDD8:=@77AB;@26C>=FE97<><?@9<B5KA?76..A9G>B8?;3E43?<5DA9F?GHF;E@:@9<8B;>I=E;7B:>C>8@5FGI;=EAA;@D<J8:;GA@5C?I+?R52FE:=<?>:E@==FBB=E98=C54@:FAH>=BDA6==8B>7CDD9;C:5.;GBG<;@HDGEBCD;DFE<>:<8EE=IM6=1>9@EAABFE;E9;CB;D85=;@>=5EE36F9?B>4=>4-@@9F::E4FD:A?8G>E@6>B<0G;:@B@8E:8<;>B;DIFC;7=B.>=2KE5@=BI?=DAD@EB8:CF?B4EID6C4F@;HC76@1J;??B9C;B<-BE3?A?=:DE:E4C;<;<9C7@:==?FDI<A7A3?7CBD6CD;92:E>>6CCCFH@CB;CDCH9:@AC55DC@AAA??:DDA=<JN:>G?8G0FD<CB@B<67?F4<?88B5:B:AH?>8H9GA9;JE93B;=>D4JEBJACB4:CF?:=IC@CB4C?H,DB>?<A>CGDAB7=<A@<B=FC>A::59DD@HC<DBHC@==KG79@F>7;E6A@EOBDCGH=B?A97A/IMCC9J<E==7AH6@@5;:EDGE:>DC7G28B>H@FGE<<>9@DGBB9DABB?;=@8?;99=:C??K;AADBA669D@8CA87D<?B=:FC<AE5;B;=<0D<L8AF6GCAC<GA@IB=BA<E29FCE>4K6E:C7<>;;/?7=A;A9>@:?894EC;AGABGB>G:CCCGF37=5HEA>=A.C@HAC9<?4A@F46@@C?==CGBBA;CC-FD==?>4B;2:A<D:<@E;C89AF;8C???>;5DC4K>>>A@2B?B;H>HE:=J.=CC??@9BBHG>8BACE@@21I@9E7@;?D@<<<>E1D?@F56@><==AED3=B6?:E>?:?@9EJ=;FEF@=J=?GG>DCG;AEFD;6?<6B;0H>DB7;8FC<<4,;6@9HLE3+<@E5?+B=A=6D8@@@3@E<CB+319?023:BCG6A@D=H@4D@C>4;@8>ACA;BA>=77G8GDFCAE@@M8CD:5AA1BGD>K1@A/>?FFE<?M:;;;=@I@?@BB:0CB8?:GC<8?F?KCF>7F=*>?4CA>9EDDB<=?FBIA66>AB5B5:;4A>DE>6FB:>;B@>8@DJ=AC;4MCED:A7IDF8DK:@KC?8A?8E=A:D9@AB@?FDJ2&AEHA@@AC?5D?79EG=@3CEAJ;/=>BC8B:B>GB7=:<DHA8D=AE>9E@=9G=?8D>9=B88CAM>I<A?A?I9AGC9<@5=BIBBD=@7C=8A;9GACB>@D?C9KE>>:B6A:2L-3H@?F@1>D?<;I<BD496CBI<A=@G;C:E4BB@D6AAA5D<@D;@@ICHJJJCDA=A<FA>;A;D>:?7D<AB@A=?;<>DBFBA@BDG;>6BFFC@A=A<@5@A8EB@F=FD4<.?B9C@D=>38?D<<G>C70?I98BF>?BF@-<D@H@;G@;CD;B@BD7BB3?KDAE=<<:C@DDEA9;/:A?7DII;=@=@B068?ACCFDD?B8<<@8=>A3B8A6>G<B<1=N3=E<;A@>5@CCDBA>@<:=?=<5;5@5@?E=;HFDEB:@>@@CD?@C8D582.<E=)D9CB45<:?;6:A:J8B<=;<EG8;>=B@=6AE:<G/;;>DD@><D:B9:E9?;40K>G>8@;?7??,6=<ED;==4A+47M=>3@DEA8DE;FBBC=86-CCC;>;/CJ>7I@D:I<A@D<8KCKCB<?<C44C:A>HDDC<??78:=C?AG5E:F@=CD8A2DG?@;GD>A;>?;ADD:A7<@J>CGB=<<DCA><<E8?D<E5<=9:9@7BE:>G;K3D?7;D<B:.:9C=EH9B09>?<A:@7??A;=<7?>D@>A89C965???B;B8?A>GL?D7=D9A?69?=:99:;;F7=?=8A7:?>C;FH1DD8FF4@EGBB87;77@8B>998B@@549>4A<<A;;EAC6DA=G88BH@B???@9BE<?BAA7@1=>>B:5C?F:>HJB8@=GB=C<FBB:997@CA=GCA4?CC7CI=GEF4ED8:?7G<KFGCK:=IIC<E<IE7ELN=J8?;5DGC@7EBADGDAE=:@>?D>CCHFBB%F;:BEHE8EHB:@/D79E7CEB3KKI8E;@5AE:@88CHCF/9BJ?<?8G>EG9?=D4F72F?@??<9<59D>8;>AC5>AC?5;AEBA:/B<JABH=DB@@5=DBD@D53BG>9C25?<CCF<A@7<@DB2AK9<7@BDC?4J@BFKJ@@A<>H@:?BK2>8:HGID<564;B59H@?H6B@?>@7OF8A874IFB6@9:;GC>>4@BIED>>;:CP<72>6@>>@ED;@<72DGA86EIB=E<AG-5=BKCBA:?@@CEI===@:<@8>B2K@J=BDC.F3G;9GC4<08C>:E@E3>7F4=F@=:96G?*C3?A2G7<@?2??:ADH6GC@EA3B?B<4<>>6E8C?:?J:?G=@@F@@@=E0?B9:I<0;4DD7?:.06?C<?8EA<D8:=@<7+=CFD@G@97=AF64;7:BFA4A993;CEG9@?98<FG:<LA??DA<:G?@F;FAB@BF<7>9L.@/E?8>E>?A@@BAD@*FD>IH?@=BBB7CC?J:E3@F=<<=8G=D8AHA2B3=9@9@CD;D<E8?3:>9CBB@BGG?B=LD558:17B>B949@CA?FAIBGK;868EKB><C?/DA;=:@@B;E:B87CH9AEBFE?BC@=<BD?57I@<B8?4:@>8DEB99CG@A9544@/@EN:<;@.>I><:?B9=EA@7?39;@C9CAB<EE=B>=DPA6A@A:D?C>CA?:EC2HB.D8AGC79B:C:@?4@5@>?BDE?A=>CFEMHI8B.F79E48I;CEE8:8C?B57=>G0@I;G9;=9F?H?C<BC6A@>9F;;:G'C8ABA89EB?@AE>HCE9B=E<BCDDAE=9>@?ED9=?9=C@FA?0>B8@?AKCF?EEF@;B9J=?@H@.A:C<:6=:<ADD?=2;DD0NB:=<>7A8FBE=1?FAC>H/?A5>==@J::IF5@A>C<=:I:>CE>4M9;>=<:?C@CA67?@6=09=???D<D,??=@@;5;?28?:@G6;>A=D@:ABD44>CEE19BA:=D;A?>:=>=99>AIE5=E:>;9B>=B9@6AEA;5DBD;06DJ7?7A;D>7626;<=>?AA0=@DD?088==<:A><4>@;88?>>=97BA7>4DDC>3.77=9;D@8C>D:FD<@D;>96/DA?19=FF3<6<?<;?8D<B=1E3F<D8B>D;;@.>D=;=F;A@CFD5>C7HI@BB9?@;H<?<2<C@EKB;A4A=A3=5=CJ=>@5CBCA/E>7AB>A,<=>;*AC=@BA:<8<6<;A>F@38C@B66;@94;5F3?BC>>9B?;@5A9BDA14CD@8<CC327J9D<<=8B6A;@?FEA=9C?>E:>>5<7>518>FI>A<B=AA<:<C<=G5?<@;BB>>>BAAAA?@B9>?=@N:6B>=JAE?F@8:E>2H;8:DB>2BF<B@A<>H;9?=>FF89D99>6>=5JD?>=7;9?7BB9:B@F?NB1B1F@?;G=:@A4G:>=A:9<C<;A;7C5A6K@DF>G?@<C;A=I?:8F@0;FE<D3@>A@FJKAGAC<:LIH6ACDDCBGECC5<FA?KHC:JBJ:??A9?48@;>EA>?A=?AFIBBBF1?@;CI;A9H@BB:@=B<=B7<5GE<G0=G<JB:FFBFI0E587<>=GF>7BF=AE;@A9GBA7=?BA>BD?=AA<?@BB?:AG>DD?@DHBEFFC7@AAA>?;CA;M6@9;@&BB;F;CJ?>.FE@GDFBAA/@CA8HB6?7??>IEI<BB<4@9BC5AGAE/A$;IFB9@;7?D9KDF;FC;>>JDEF:B;@<5B:AII@Q(CEG8=:>BFJ5GKI>F)FCAGL9A?@/=F52@AC=GAC6998EO=L:?AF=@K5B8C?DDI><B=;?B@<9@AA:;B=71DG;@9A@N@<,=?C/;IAEL=>.GBCIN?>PA@AJ2=HKJO?HA:<FCJ=CJ?;?D@D<A<LA@9?A:AAD0E?=8/C)I.8;6<AB<3>/=B9?D695DDBL/698B==E;7D>0BBJ=B:=B=9A>F@CB>?I9DD@=A5;A<B-3@@?;6269H>GD9BCE?F=?6;KI9B;FA0B=GBIE97FHABEEFDIE8AAE=B8;=/I:E7==I<:@D8@7.5H>D?,9@;58:54E8+AC@6;D;:4F=96@HEI=A>=<9'4<@0:DE@CIG=;IBCE1I8;4?C;8F?>GF@BA@5=I23?<==D:D>>E=K1<:;H:@CB6CC5>?=5A;G@>23D<FF>4C>7FB@J?6DEAD<9>;5>FBF=68D<>CB3?=?B@B>8;7?I?A<F@@@KB=L=1/CA4=5AAB8H>GG:/8DGLCAD<6>B1FJ@/8GA?E6DFL<CE?99>C0?5G1D<D@EE39A@G;C?EBF>A4DH@EA7@A3:F(DABHBEDBDGA>88=CAA6HD@?B=@>?ADB4=4J=:2?CFBCAB?GKB8CE<B=>J=8?HA?E@CKB?FFA:?>:EAE@>@CE>?ED?7EE???A6AFEE:?B?></3KD9B=<B9>AE=&A>BAEEDEKH?<<=@@H@DEF:G@EADC?7H;@3B?4J9F<8;5<A;;9>E6DI=96=?@.DBF=<1F@4@3:2;?@=B;:5>E=3B<E;;G=B6C7<D4@E6D==>3><>9?DA67>@9B<'<@;@A7:?2BAF=@@E8@B=H@G;C?08;2D<F7?CGBAC?6BB=<=5>B?G;?<<8B7?:<B7+;6<7=;@<I>:;2>:E5>:BBA::D>>;=@B7C?EB=@L/9@6KEA8J<9=579:86;=B@<G9@92F8DD??;D=H?<C5;=>BI?@B1A;K:DA:;FC=8?></?AA:/F.=8;=;?>AA0=@M:6<:9DA?5>>MA6?=;@>GFCC8D?GG=>BHC1@8?;9>AC9@9;A7BF@;:39;1@<;BE=8J8==>?==6@??7<I==:?=G4B4-62@0<:AD<A=:>?D>KAC??,6?;*=;GAA:<6=:D8CD>=3<<?:>5CA@:A7HAB?D;9>F=4HCFEF@;G6B8=?B>B;@;6@BC9<:90JA5BF?GI2*9CD9=D==;?=>CB:?=DB6DAF22AL>D>D9(8<ACAM=6:5>5BBEAB<D=2<>CM7B;A75:0G@<=>:34@B@F88GBL<P9AA5NCB7CIGA>BCF@CB?;N@HCC9BACAFD>:DF9CIEHA6??;8F:EJBGM=IBEEEA:CD@EBE7?;>DA=H72@AD?IB8;3?<F??F5G?F@C<>?2:GKAA>HD;>&<A<<D9FCADA>D=ICGB<??=AF4:2C=I@;CB>A7HA@CB@DH5D3BREC7GK?@K=9=>;>BG:CBF9AC<>G@<<ADG>=?5?DI;C=>:<D?:@CH:A@@54=>=?<KA>ABCA2D?@9DCB:E:??@G@?A5O8C>8>D<95F29<CDGC:9:>6>FD@L=@=6>=?BQMACAA@>9O;FDJGLH0CB?;<CLJC?GD=C;@7G;<G5BI:>=;;?=M;BAAF%@AE0CAE:@CC=6GE;=>7;@?B6FOF6:A<:7B61GC8HHFE<6=5<@B?8<@G@88:D?B:@<<B)@??G=<??H0198BOB8A<6;AJ;1A?6B;;>O=:5A@?EDDD9@E@;@>H:A?6<=8D=?B<3F7@=D3;.8?8FD<1C6>@2:8'+LBHC7:;;(?@8=?CB06@4EH:3>?DG88'@3@@B=G;5AA4B?G75>>>A1:EG:04??=F?ADA898G:D;>@5=@<C=9AD>7<I352+ABK->I@1E;<@6:;=FM<@,D<C69I=2H7;>@?KFGLB9?<B?5L=FG?B;F7>:7>?:/29;@/>9F?<9H@B=B?2LD><9=<?7?L9:@@@=3>C5?,:;AE<@I*3?8CE>1:B*CA:4::A>353A>>8H7B>A@A@CBG0H<?B>>BF9:F=6'D=,B@A@AFEB76@:1E72AF??@0?C<?@A:GD6E;@=E>?C8<D6>B=GE3=8<HC:6?8A@3;269EJI<?CC:>B?7@G>F>=E>E?>B@@CDI=C>8A8GA>>9;8C=C@@95J=?<==?FBCDJBDDBDCA=EAE4@?B>FH:FHA:E2B:E!BEICLF>HB>HE9CA><C?FL@=B?1B?>>A?3>G5;@B?GABA@=AG=<3@6=CC<A-E6DD=.F>>EA@H<B1;?G>5?97:<F?@A>;<8I:A?ED,89G=>?73BB;;DC@;*F=5AJ=ICC<=C<3AL-BBB<CG<>848<CEA,C?D?:6?806:2AA9D><-C=>;6<<F?75F::>DC<B@4;G8@5>?<D:?3?C;8AJF9=D>2?:@B@>AEED>@;@HHAA@>:B::/C6E<CEAA<8:4>EF/DB=I7?B>A:D<;C7:8ED@@==C2C6BF;DCHBBC8?C1G?:<MDH;HGIH@7@C>MA@>;54C8H5?B2B@A>@IH<C1G3:E51G4A?>J@2.=D>AB:0;8589G8@C9B?8EFB=?7CE@AB:?7>@B@3<0B@BB6<BIGAAEE>9D8F7@@A=BDC@>C=;BID=>A>8=J,6>G>EACD@==C?I<HBBAAE6>E>;IE9F9>??6ADB@9A;7E@AB=;?3A)@B0DAD;5?4HL<<>?27;AFE2?=E65<AEBB5D?=FAD9B65FBA@?<;;D.==>7BE;5G<;8?LF=99B?:=4EDAA,>9=>?9GK=<=>?>;ACCB=<9:=K8?;;D<:<?9EEIF9B/9AGA?BHC:FG?L=<LHKAB=E:=?:DI4?G:96D?=JC?@A>4;=@>>7BD@1:C=C7:>B/AKC?IDI?@A>AFJEA?B>A<?E4HC:6AFEF=8D6DG8<B>2HD@>H<G@C6FB+>89=A786FL@4HFF;D9H?<D3B;:>G>@AFC::84B:><GE=<C<7F@N9EBI@;>?B@GDMAC<9C=GC?@B@FD=B7EA:/E7@F;/;J<?:8FC9HFG?<986C=K+9G7:E1EB=I<J?19D2DD?LDFAA80@C49=AMK<A:?;>?8IE3?=;H@;>EG;<GG@?A4,C=AG?=A>/:4:N>?AA:ABKE<HB9:6<A2A@;BA:GJ?A<EN<>6<?@<@;I<C?25:I6B8;=?C2EH<E@A=B=9@?>@ACE<B@UBB,5G8B;A:FD8H:3<@@BC63HGG<@<98@>?<3>;;GF,5A=<:<3F9@@F4EGBDAJ>B;CA:?BI.==5BJ8B;J62DB1B8BA>8::C>A;B8G>=2?4B@MJC>:;GB>ACCN61?B;E.>:BA=4411>63;@A>>F8A<EDE8H49=5.G6D,AA?A1=7?>7A77A3?7HD=HB;?@@4=?B@B8:<AIG?AMEB<:?905=C<=E1D;?8GC6JA=KDADG/;>8C?733?@E5D<9489AA?E@6=:B9AD1C<:@DCACAF@E7ADF=B:>J8><B>;A=9>%<75?CH:73;;7@<88?6B><=G=>>B6EA:>@A>G;G68DA??;@<8=739DGIF9B+1;:A>7C:-AGFOC>?B;@@4O8B?3D97<5DFBC=;@DE?:=D<4?HAED;9=67.7A><@5:BFA@?ECE?05B2=;>>7F913CEB7D6>>A<=3D>9CA?;IC@DGB6;>CDB878BGE0D>@@>@B7E4?:<ABB@JA<>8@CD#B9>.69C==2.C=<36@@AH9A;?3>CBC@<8;2=G8A><8C,?8B;;;A8*H.=@D;F::@B9<6CB@I:B?A<F;DA;>>7:6.4:I=988ADA=@?<E5H><2-M<8D/1>@F5J>MIA<C966C@A8:8>19:@29:6=:DC2E;A?,A3E97EC:A=?JA>A?DAS:>C@GM;H=CA>C814L7E>A8;@@:B?>65ACIBCB0H<D9A<CB?@E>FAH>9:>>CA>ABC5C;8=AA>IB8D6EB/>>A;<57>BD=<5>?GGE@?A>C?C:F9?BBBB@AD:?B?7F9;B7=?AE;E<G8?D=A;=C@:C8AD=;J:I;@A=DB@H<<DHA;4?157E9<?J6?73@F9B?CE?A<:>>?;B0G)@@5F93<ACK@EA>A;;9?>2D;@=G6@0:<EA9BCCBBGE:7BF;H>>=E5408B==FC/;>A6?BH9FBJ@:ACFD;6B=CE?9>:C=D:5>?@?C@C?9?A>97I?A8FADA@GJB8B::;>;BD1<3>:;DD;@=<@A;A?>D5E3?A2?>3A@D>E<B36E@7AGFDB39AA8=:G?BF??=4F??B43DCCI7<C@4<A9?.>??@BCC:;?;>D3;G7I=J3<;66??A8J<7D8E>CCA;5E3LAA<<-9=<?@5K:?GEBB?==EDB<8>=@B?@D;AFJEHNG:AC8?;=CE<69FE=A@??HE>>J=G8@DEHGHVDBE7I=BBJ@<;;I3D8:DE>DG8FK>A*1E;>FEE/=0E?DKFHH=CK;FA=AD?>5:1HCD;A4>EDD=C>E8;C=G8:=E<CDDED3GE?II@BC=G>BB>;B<6ED->6J9A<;JH=>?CH9E?@F?9A::+C?4B:<@DDI5?;B@5A@>=/E<0==9I@AC<@=A;>FF6CBAI=>95:>>H4F@EA@G@F4;G@54AF=DM=7B?CBG=@C3K=;C8BF>C<,ECAD:A?F:>7B1G9??I>:2B8=9@H9@?0E8<>E@@B:BD=D>E<@7@B<FAD;4C@?FDE:E9C+8G7?:;A:2E0:F+8LB?@E>CFE?D@B=;5=IH?K?4EBLJ99<G=G@>54=:?M2AB<HE;?@9DJ>@=65A<?<C4:@2>IGD?CI<IM88GLL@F@HAAB0O@=F?>12C79@0E;D>C26<>CBA:?E8;<A=;CE@9BH8;B@/E9?</?9C=>D662B@<:7?HKC9,>GE>9DD>DBC4>99<E9:=:@>D(:A2AABB@B;51F7@F<;1AB>.F?7<;77.DN55DFF=>/@@8F?B@2?;E5;?>60=>9EIE7?=>IAN4C;F7<@D<;18F>4FB@B<;CA>@D@B>B?@?FC?<E=1D>B=9>C0J4A4;B@2B>>>>C>>?86ED=B3D=212*;8>797<1F9=9>>F=B@<<?=07=DCFC=B@C-?:=<6CE?>DBB.O:?>8A6@A6MAG<=7BFF2A<B<8@H<@@L<E27EHI2AJCC54?/?D@AB@H@E:>59>1A9CMC9CD?:6BD>6=:KN<>F:3C=<5:9F?<<BOBAFI@A=F?A:=;EDEE;BBK6;78<=BM>B@@BA?091B65A>>=9A>C10A8:=?<GC<8@1?ACA=CD>B5D5=>?C:?6:?6C=L?@BA;%>;=<D<B@:AB7BEA7B?>8<@69/2CDC+BE@>@4F@;26,?C=G;4@5?5:-@:<=>@MHA:?;>9E?=@DB@D::9@5;<?AC6<>88N@B:;BD<A;=6<@I@7;FBD@?>8@@@CE=E7K?=BA=6D8@BA@F8FFDCF8E@<CD<8G@7?1CE>8CEC<D<J>@D?G:?C>=?F=?G7K;A;6AD>?A3<?CH?9B?8<@H9I?=?H@C48/1<6B>8>AA@HFD@+:C@EH;6=IGG:BD8=<A<2C<K6B@54?=&9<=DCB>@?>B?8B;;=?=;@K??C<8CB>>><F;6@:2'?A5ECAA=31GBF<BDD9HE?>;IC@F6D;ECF;<;G<688A>;?@7<6D<=DB@FEI*@6DG>??@8DIE<>?<A?J:759D@>4A/4>D1?8EBA61FE>:@C:KHDA8=&FABH;CBB3;>A7?BHDFG?5GG><CB2F4A8D>D;C:DC=DEB5;E5>J=A@:49<<>B@HF8=AA?;BB?79<;/F=IM>BB?8D?>:G:CC>KAH>H?H=,E0;@CE<57<4::C9?AG?=D;72<91533?=B.FBBG<9C>9=EJ?CE>E>5?MH?3>F6H>BD6?7HDA8;H@9D;C2<KENJD@F:CIDB>@:F1>B?1E?E6IKF>AA>>OGE;FK8@GCC8CJ7B=@E0?FAH@K@=5BB?CK5>C:GA<DK8A8DKQK>IBCJDFD:EJ<G=F*<HB>=AD6:4D5;?=A=8>G5>E:MEAJA>D<?==5AD5FE4GMD;>.5CCA@9QHH>J<A@DC:IHCHK?2?AA;J6CIF>;>AF>@A>,BG@MA9:@@BA<AD9NIP?>;CE;6HB84G?>>5<CG5IB<7L?;?:GI45EDG6;:78:>B7DE?DCE6>@:;=9N@BB@79F<:=?F7BA:E1?==->54?CC?D>A9?-AB@>BBB>AAA=7G<@:?B?&=H<K850A9CF>7;F@8M>E>C;BC?E4B7AE:>>E3H>=?DD@99'.E?ADJE8=G=@9?BA@?B<9;F>97?>A:C:GA8<F53C7BFJBJEBK@:@F9NH3B4LG?5=>7>CGBDF;44=2B?5@=@>KG2@.E@H5?:BKBFD/>=C?>BDG=D:?;8:6>>:C6<:5:BH:@?8<12DC<>>=4:>G3E@??CBFD)5:H<<=BB:,=<8FL<<A@67G;D@@BEE8<E:D+4<IBEC:8D7*I@:8>@B95H8=AF4AA5AA?5<I4HD;8;@CBB88ABFA;;;FC@NH@>?=A5F=5C:<AAC:>;C==DB<DA=A=@=F7GC><D:AECFAJ19?FFH<@F:HF8E:E9GO?72G5=?=@B;@B<7><:A8GE==>:B?>?;=8G152AABDC@A1@6B?796B9@B@93DCAC@@A8=@C6?:C@:7CI@CBAIB6@DB5CFFDC6;ABC2EHCA@B*>?CE=>>;D<A?5?9D:G<:D8<D>=?7A7@;H67>1CFC3J?B=-L7>8=>?>;=H>:KH>8:A@C:A<CAABA;CG?4C/B>D<4GH>DC?<6??4;DI77@>A??4BB@>7)@DKA>@?68>8<IFA::AC@CF=93G:<?E=I;2J=@=@C8;AB>F87;?GH;FA8?F095CJ;2=G<8BH8D?5:4BEHL=;<:BG:L?7:=F<9DH?@:C>;@<6@4-9@=@=@<.><=B<CH><D=F2=.<<;@93>A@C=:L8C@<;9C?=<8@A?<F<>29:<1:M3=C5@6AFEG=;?:=A@A?DG?;?G:D5D?3?>:<?AG=79ADDCJ?D6<D=>:;CC<<G7B@:F=B2F4@:?3D3D8AB:A?@=BB:+G7Q::A6A=EB62@<=<A8IA>+=AAE8B<?FCF@@:@1:<<BA8>=A9/D???DB==DA>DB7DEE?7A2/I;A4;>C8F;G99<GG?28CFB<7???D=3;7<47A;GB7=A;=C>C?J5ABJ==AB<15EGI>CHCGL?KH><@<@738GCA;?G;@7?J8GA2<>8;@9>A>@A>@=/@><<><@J7?:=<@?CCHH7<7D@<E>8BB6;?:=?C=B>E6=4EDC/?B@BC>6CA@:J=E;B<0@@EEG=@KE@=5?;=;?<.=5?;:::=GAE<CA:C8?>B8<@AA@@/@>>AB-F>H?0@GF:F;D;:?7B;E@IGC@5ACBDIBA9G<C:A??=>GHEBFFKC77=96=DB4IGHHBH=@JC@ADLAIG;8LC?DCKHGG>E?@F8BGIFAICBEF@FG=C;CCHDFG1;DD?B=G?BC;DHBL<HGBB<KDD<=7>8AG34<J@HIE6B=AFDMFGA@C+ID:G39;EC5<7F=>DHE::;CB;CFBGDBBC?78ACD:B6:6CDM4?:-=<=IMLEC;A?@2HIOE9E1JD498H@.HABDCD?FEGABABA<I73D27E:C>>78@=?=F7=HLBCJD@6DCBBD?G7<C9F=B9@CG?,?<@D@DEA<,B7E?8-=4.G=;HH=C6DA<?;/:>H9D03@/>3A<@0:;6CGC?IDF=D8B>A8B6EG?>@8BA@@7E*<1=?ACM@4D4>><@=E3D40?FB=D4>FE:A96?95@FA8C>6BF6?0C/6@:4?<C>@KHHBI2C3H:>D?A,CB?>F@4:7=?L?DB<I8DE<ECCBID?M?B83?;<D5@=@97B;C;2AHFAA9>5<C??:C779F:A<0:?D;E>4@5-QA.B4:3<58CCC>.=B4=9CK??DE49<=?>A>B5>><;=>=67;=<?BG0<D5>>DF;:6K:=>;B5?;D71B?0H;3DA2KD7?D@E4/0EH=B7=>@><0:?@BBHB8L=8><E?D7?JAAIA:/8:B?>M07=DEDF80F@D2?=B;@;:?FC8=C4LCEJ:@7==1;0;A8<6:K>C96B@GF9>=GEA8G??6JCEKFDBD:@<<(7@DBG@97@FA@:7CF<=9C;>:BC?>3<:3?D45BB;>BJ;=?>F@CDSB?.FE58;A?@?@B.CA>>@A<H=EGDD>/E99?<A(B7?@/<7=D4F;DG;??DGI9;B=;A:?=C?=AFB@=G>E<:9C>EHAAAC@B4G390@@<A@@C@FG68J>A66E;H?9CB=>I@E?GAC??<>G?GBCB=<6<9AFDDD>B=A?GCFCE>F<>@;BDA@CG;@;<??B<ADAD7D@A<C?EDA;1@=BB5DB@>C2D@@A8FEE3HG<D=D?=>G>:B==M<CAA3FDCA;GD85:AB2HF1@9?A7?>G=<6716B<??.=@;;?E4AB@B=BGID:954DI/3:8EC49?IK?/<>9=?:>IB@<@6@?<:?:AG458BA?A6F8;5<?=<;@6?=8D<;3JI>F>CM:>EHO8@F?BFE@?A@ACFEH;;/>ACH<BD>I<?B=;=>B>D==B@=3C8CCED>9A;F=8@2>@?9=@:;E@<BCH1=;><>>;655AHA:<DDA@GK4?CCF5?1<@AG?;AB99=<AB8B@?DK<98B@9<<=?ED;GH.?9A4/G=8I;9=D<BGHD7<<CG-9IG>1<D9=?H;2E>?6>>DB>B(+AIICD:9I9:E6<A>9;5:>=H<9==9CBC;<E7?>3C:CGB:?<9?D=G:=E>6?@4@<B;FB=<<BF9DK@83;;?B<=A>EBH39=E@FC<@9D6>@=,B;=EIBF?HA>AE@?<><<C@:@==GJ.>G??@=B;?D@D4CF=3;6=A=HEC;F8B9CHH?A8A:@B?86>E5>B:5=<3CG>:2A@95H:=HD==>HD???BCA?9>66@KEQ>@@HCB;9E7F>CBHKH3I7D<>E6CD=A<7@DH:A5CIGE@E@I24KC;:G2=IA<FDEDC;BFBC=@>R5DFALGF9;EK;IM9K@5@H=;>?J=>B?GDAHMJ<HCIDK=C@DCJC6IFBCFO=72B@G2=CB9@A6G?>?@<=47?BE166G=@GDB8C8C??J>E@FA5;GEHF=F?>A4?>@B@?G3/UG=D/==EJ<H86BG@J<;I5@G@;F6A:D6BEA7A>DB-CEE@IC@5:AF<@=5>,:?8=F88I8E,;@8D;A4;?9CC:ACB=H=C>ADD>6K8ACA@JA6IDKC5D;ABCH;6B@F;<6@4A?254GK2B7<=?<GD;?<3ABD8HGG91;CHA?BCBB;@C:7FE;7YC>??A3I8G?B5D58ABH;E=>>@<<B@<@=DG6F9A?A?@D?;8EA@D94=>@<F>HE?K:96?=9C,74AA8??BCLJ@B%@E4AEAC<?<;?E=49C?A@88A<=:E;D4>>7=DD:D@=88C6C><::?FC?84@A:@?3A;;?>I:?@B=??88@53<KDAFGD?AC789KE4HD1BE6<I:B:2C06G<<B.@@E>?574G7;>F:@=DH>47?@86B1E6A=DB>AD=?B@AC81C8<2EE>0B?=BDEAC?;AG<8>46C83D6=6<<<G8D==L69;?CDAE@F?>D;;?ADGG:6599D?>CE*=9E>A@C@=@;>@6E7BE>>AMB><3A6B6B=D1<F@7J>7A<5@>2,1=-?A4K>=85@7AA>??44=AD;3>.>BB2<>7<0CA7D;>C+@<@:?1@A?=<BCEF=1AH=/=;D<8H7;@9EAE&;1?=A>:CC<=A<;IFFB?;HD<FL<E:?A?=76EI;=AA<5D8EF6;@C;;BD;<@;H?8=<E8>F>B2C?;>7F:DHAKB<?1DIFA.AB86=A6?DD:@FD@;@A0?5>=@:D?1F89?35BE5;2?6OB:A@<87B<;52?<@@J@4D>::2;79;95>72JAAI>>>1@7CE2HEC75A@4>=89<6CA=::H0@@E<9<;>E=3A6GA?D8CEDA9@0FGD@AE=2>;7D?<9?A?36C<BD@;59A8IB5=AG0C>HA1?FD;9?6>A?3CCE8<<C;D>:;::>@8;:2@?@@61><==GH7C@???9>6CBD<A@=?><AC8866AF4CDE==K98GE=EB?G>;J;F<<=CA;>=H;:;8=?KEB9<FJAEH9:IC=6<5?71;D>;6AD:@<?=<79=>628HF=CA:AB=ACA57/B@3E-AABAF6<B2?5?83=D<4D@?C>A?C@=<EE@D+D<B@;?>=A3??:@;F,79?@@>8=<A=D><@==8@:IH;B?II<B87@@E6BHGI<DC87:>H@:=4:AD6?F@<AEEGB?FFEFEEB01@:CC;?AB-B5>E;A;G)>AL=9@D=A/>F7CA7><.>J<,9,GD>?0B:??A76?DB<NEB8AD??<4=FBAMC5@C9=>>=FBEA13ACCAC@7CAIE@;A;9B<197B<<EH<==@@?;BAB?BCA>CG?<C@>FI@GEH=:;KH6BG;AAE4K75JAECGBC>6HDAB>A<DA;AG/BH<B?>J>H=0;EG6?CGL<8I?@FHKG5DDA6:H=F?6:6>?><;;HF>ED<IJDG?FH>GBD@GC>@D9DKF@;M=>H?JJF@G?@;A;?EAGIF2CDC9CA<=?C8;BI><4@3;IF;<<GBE=FB:FD7DCB>3>=DF7H465I?:AH<<CC:=@C@;G@HCAA:C2=4D7=>=@FE@EFI@CF908JDE8:CAIK=F>8/4922AB;>4E>;6;A:>?;=BOBBBD?<GHI8D:D.,.:@?9B9<=D@@<HGJ?9AB=BD0EG?9?B=F?@D.91C@2>3F:<<67BA@.55@C0<=;C:4@G=B/DFA???2D;;)>;B8E@34;4I7>94=D=87NBJ#BG+C=@F>?E;?+2D9@>8<9@3/@9IJJG?26=?ID;A@4A@=K5<D=4HD@DB<?IDB>@B==2?@GEHCM:EBC?H>CBC>6G=B?FEG1;7@CF;9=99=;9F@6EBHFA@:AEQ><CG?A@?G<3GB=EID?JKH<BA(<:G=:BI;E7F:=?ID/3?ADE241G29DD=D7A?>8J9@@;8B@D@P?9-A7<;5O52:<;?C6@=8853,A;<5;>=DA6;4>.75;=<E?DB><@AGAAEFP@=@9BE<>==E6LF=8>?>F>@=FI49B8@:A/A<@B5L8CA3BB@JE?=<@DAM9B>9=DH5>R:2FIB654EBG@@CG;A=E7G=;<>;>>?<GADEJB>1=A::;.?8<@E3F8=2C/B6=7E?C7A@<>@1AB<@F998D?:>@EB6?<:=BID89F1BE-BH92I<=>G>6C6AA;G3=<<4;E=76>A<5=?FBE>3:-5=86:9GE184<<D:=<00>E;14<5+=/;<F<92:@>4E=9:@=A;B:@9G4>:GBHB@ABC:LA@;EC39>H<=@BE@C;.@@D>>@>E<5BE6DAL=7H==<?@1E>?@D@??C8A5=B;0@90?EC<?@;91A;CA>?=AC?B/:AB62?>=C82?H9GCAD>E>2930D@B?EA=?56684AA>>1@C=D/IELE?7@I<E43F9A=?:FBICBGB/?48?>?==9O@/B8>@=ICD=8>EB=HI<9<:BA:?:=>9E;:78=ED>><A:5G=C4@A@69=7E<,B:>:?8FD:DC:<B717@8FD@79>AC8=<<@CDH9@@<@A:I6<8>FK@I=>DA=B::C?@FCH:D>>:6AGF?F99<>C=>:?9AF8=BEAE:AE=@B@@>D=50;HA@DFC?>=?2CH;?C>:@CACA9@>BC>>@=9@9>E3?>F@G;'5@@A<;GLA?=@;D3EA90A:??:9A@8F?E5EBAKDHBG?@A87;I=26E>4;F<F?B==E?,B?:@>B2:=@=2BF@DB:KGE>A<@4DGCKF=D>1C8D<B57;@:F.93*::;<EFG;A80<C><=6A@K9E9G28@GAFC@BG8?>9?6<L;=89>I=0DC@CG83@8B:6=I@:7;C?B<>7@@1ECBC=?CG8<678D;,F96<8:@>A?>:B;??BG97<K=C?>0D?EA7EBBH>@/=E7>B=D:9=>E>CEB89BF<4C?>;=C:I><?;BL?:?KB<HAA9GB@F:6G>DK8=6=7E@L9DB>FGE=FEK9D9EFAED;<@FEBJBHDFSDDGG;DAA?GJF95>=>D@/A7@KFG<59HGK@DB;B;:DGEH>DA@CDC6D99D6?F33>@@AGAC?A?99E@@AA@B>7;EGHB9AJ8DBBFGOB??9:ECDJ77H7FD?@I9DB;E:9C>J?8D<A=:J88@BFA9AB>A<=DAB?EDD3>F>@19;@E:H?8>?A7;2923H<8??@?8GA;@I>C:@?9A<AD<?<E3??:C<GDBE7C8245>>E=6=C@=B@7;>D=5CB9B<8:MD4@D<58=?9+DD:6<=?;:9C5;27<;F4B<<AAEC;A;;BBCCFEEA9C@=89G>DE<C?FKC?93DA<;?C?L=;EA?66N7:GD7:FKDKE6D:JD2CABL6G?ADCFG97?DF>F@D;I5><HD;>7HAE7AD;>=;/M;?>BBE=>AB::?8?BE?@66BDK2?5D8OL;=G@BNEBO?<C=>EHAM-IBGH=?BGJ*A1C@D>;<6J<'H?DK@:8J>A7A::0EDP34C<@430=A5A0E>938>LG6DHF5B=<HB1E?A6.;:7*=HFAA<;.8>BB:A,FI00=<>2G?CAC?A1:A=1@AD?:A>=><7L;7A?A=8=C9EAE<?@7;=>LDF6B=?D<.3H>?A<DB<J*14?>AFD3=@@C=<A<>D?1Q;<7E;<EE>6DB=:@<2F>4><EB4D;A;9<9=D98;=AD@HA:A@<A:;A99><G:3<87;?BIB8@DB;DD;H=AGA@ACC;1DG9A?>BF;??FC56J3A35A:GEE904;B?F=;:?8;>IA5?:B8>3B@0J=M517:9LCD<1:JAADC<B3;DH=9BB:>>)@BEI3=E64:=4=FB8<FDE:88:=>=:9;>8AH28C>A9F@>A08E@9<<+@@=G><@<@GIC8??D3>?C;0C4DB@HB;9H;A35C@HCFF-B41?;D?DC4BG>IADAD=EC==;2?=5?DG=??<E?>-:=@C@>A>>+C<@<8A@2><C@HA98-B;@<58:>;.?;E9C6<EBB:@BB?B7@->=A3@B9>0><=B7ECB@AB=@D@:;5?=@63E7@.8>BD2D@>24CD?;7AGDB8A@7?E?AF9@398>48F;;<;H:<ECA=;:AA>C?/B/C;AA>C9?9DIC:=?=E:E;@D@B?:8?D:>59=>G7==><BD<=.I=AAD6DC@CB4A<IEA>)?=?6BA@@F?FH??7ECA@F=@CA=I=ICF;AF:8E@?C@;A0<@DE@;59=?3=A?6+=FCI7;FAG8>=?>7@BK5;D<3G@:.A7<7=29?=99:F?A<4FC6BA>BF79=E=F?><?BA>A<C<:8>C<>A8BD@E<=;?@<FH>>@CC.@D@>5=@<?EBH?=C9FA=BC,A>=6B8>8GG;>CB73=@>7A;E@>AAB;6@B?8880@AE<?F=F?:;G<;:?78D@G=FEA@3:<C34@@;59DHC5J6G@:B:@?A<AD4<A9@7;CEA@;@26>0F7E;;49@BAB;9=?A78?<?/>==D?A<E?<9:BC<E@:7BBE5A>@DBDC<HIRJCB?EGE:=BED4GC<D>B;B@K??@=GERC?CFF=GD>C=AD?C><@C=DEH0?GF:7LHGF>7HICH@?;;>H6KJ;@JJGBAI@9C2FGO?=D?:<><H>EP@:NF=??I6D?=@A8;A:E>HEIE=><6F6=9E@7=FHFLD8C4B?=>4:4D?@C?3:;EAEL4D>G?AHADFCJAEHLCF?J3A5<6I<7F5<L?>=C>ECBE.88>K>;;@@;::D4AC=94<?8#;/C84:EAIKA<AB9;@=:A>B9D>C=A>:/C9D=@>6E6F?6<;:B:9<C-AC3CKMCN?:@774G8>9A@@95C>A::DBI>B2;@8@EH<;/F47?<<E6A5ECB:;@=/8:JCBD=H9/B=C==D@G;=@9:CAEEA<F@?D?9F?BB?:=<D:?DI1?KJC=AA;EB<=F:8?DRCKC>:G>A?>D&<10=@?G;@:1@>C6@?::?EK3BCB=?C@;0A?=E@<@;;E=D8>BA@B3?</:9CC8@:@>GG6<==@=>@<?;D<CB;:G@F@:DA;-GDCB:46A7JE9D:C;;4==C1=C;:>C5D+13IG8@D724@AA=;6=4B8?9F6IDGC3F;<D7A>@I<;BF302>B9>:E?B>G@9;D2CB?@>90EB@A>;1=CE:C;7A):AB0A1A9>?7C;:6@F;<=>><G/0485A2CCBA<7@;A;F?=>9=@DD:?8<@BALI9;1=D/?BCB@B7<1=;8=<?@>>?@CDG;C9BH;?D<:>CD=B2?@=H??=5@D+B83GBC7C1?;;4>F@65GBF1?<>=HE<D;4<;@C@.@EE9F2?8-?9FD??D:?C)AB?538A7C=AA7L2:@HG,=<A6;>;?@B50<=5C4006D:H7A5?9AB;53<@:=BEB0B/:<9E3E8DBA,IA>LB39B>FCBICHI@JJ9FJ:C8C0=C7I7G?B>1DFGBB;B:98<4<9L@:?:9>E;<@FG6BE<)<8GDB@?64CC0:D8AAA@;FC4<G<E7?@:;<BFE53=I@9A3=1D@<:@8G@8D@=:@FI<H=>=<CF?7=F:;C=>=EDHA/;8<>==5C?7@C0GA>C=<FDCD;;A7E=:>?CB@A9><6<@,;EDB?:??@>,;9AD>>C>@A.E<BD8>EGBH>:C?J?BB=<?8DE=4?HI<7AH==BC2D<8D=D3C6:1>9CB/BC/=I??>D;<7;>=(A;DC<@@C0?E>.HEC8B9?E@?9?%<@7=?CFB=<>=:.9>>*9>@B@<2@CGIA4>G>=4>Q?>;:IA;?7?ECDE@@238;;>CB8<5>7@*K;I=-66>BIA?:DOF>857DG;?@9F4<>>1E?35BA;?>8;AG>@>?*9?7F,PA=@;B<F8@DAC@;F<:?>>;A877;9:B?;>6AB<C-ADA?A->=?AB@FD8GAED70B2F9<DC9;BD8@8A7>:@GC8:<E?G,@2C2,BA>AE=58746@AA9;G8?A<I?E-<D8CD8=F5?F8?H@=A?C;3EI<BA>K<6<;CG9?C9CVDBB:=ADI?@9B8>>;D(A=A:?:;BHIAB>><7L=<8CG;6A=6<E<?=FAA@=J>;>EM:I@@:9D:=4EIEBA?JF=CA?GOFI9;5FE>;;BH7?/6<ID?>EB8@68@D:A:H6PJ@IE;BI9G=DI75CCM?IB4CJKCDHJ;K7<=9G<:EGHH7KBH=:FHBCCEFB6@E;@@=86?AD9=@C:;K=<EIAFKB@LLG1<5CM8C>=?>CABG.C<=6C><>EFBAA8K@<BAGCC<EE?7;8:=EFDD?F@<HHCPBC<<33D@BH?FACAF8@P<BED:DFDF8<MC:LDHBAJG=>;>4@6:7=8>:9=F1BA82?B>BB9C<=9/2C=B?HF9ECF>GC>5:A29I9>:8D:EH@><48>-=>8:EHCN9=<F:<9:/I<@50M7C=8;B/>>?4A>ECMD?B;14DB>>859;;)7>@9;B?<=ACJ97E?7DG98B:@EID=8B@E6NEB<C?G@K?I@FBHCBGBFKDC<@;>?:7::??A=@F83<5BDB;1I7AH>2C=E8,<6D9C4FA<B88?20=>7D9D3>859:=8F:=G9?G@I@>DFAE7;D<F=<7=9<9?<<AD:6=J=<@L8=AH3CC>A6<:8B=E;,B;BG-EB=A>6L=?A?>:<2;A.E?74:A=0D:8C7?A<@893;C9F@JC2=729A2B;@:D3C>O8B>3EC:>H<<;@<CD>?7D;;>,.E:>=I??<A<2@9C>3=55=5=BD79G;9.=>><CD?2=DA?1H>?AB<?6=BC:6<D1D-7F@<@7=8/4;A=5?>49.@:<7B?79>>(?8C6E>?21<?2AHD6;1;?8:=>C:>?36?@4B@6>>CD7<;B?<@>09@I?0;%8@:@5D8:G3AD877/>>>?=8@@?H722=89;A:9;@=GD/J>@B>5@6A?"GA<0898@6A8AA7FA?J@.;:><@"<B;<?7?=:.99=:0DG73C9@0-D8>4C9K08E>?:<:5>48@B74@C:E@=:9A9<:8A>;:6B88:;A77DC8AA6GK??E::@;=53A6:H>B0B,.1@1>25;5<>B7>>9DD3<=G=6;94=6F=>8??5?=3C?;?CE:>*=@;@=>E6;AA4B?9A?:<<;8CD7?<A8EA=B9==BGAB=C::<><<B6KCIE;CD4/:A;3AB<6=EBH@AC8:HCB?I@9C9;;>35B7D<4@7?B5?7KK=>68B8CGA>D>67E<==<@1?=@B=?A;<>A:B@;7ACK@A:@;EB?>=BA><6=>2<IF3@/;:A<F48A:F<>=5E=;9>@1;><7<@C3>6?A=B46EA<DJ4B@<;>8?5=9<>?A@A@;C:?K6@@:/B,B<<?==9@FB<@F;@;DD4/6*58AC@A;56DB4@DDJB?@7<3<E>F=FAFG>IICD?=7MB?A9=;@@B>?=7?3>-@0=;BD>@F?1B?A:A@EE;95:A8@87D8BH<FBA8CE6@?6@@?F;C<A:>?IBC@F?@DEC?B>C8<=9D>FD><;0<>B=II9>;>7F:E9:9:6I=B3A>>GE7?1<=<79<?>=BD?B<=?A?F@D<D@87::8@BC9=A/5B?1DABB<?FA>E>D34-@?CB5A?6EAG/F3B>?;F68B9<6:?H<@H1E@MH2GHACF9?;@:?G@8BAGAHED;@9@<=FB@C@AGHBKBLG<C6=H:<=<NC;EA;BAECEMB>J@DC=?<>B6FC?@?8<CB5:=C>LG;AEDB?D6G<GLDE3@=<DB@B;?C.AHC78>:?@9@@<8A<DCA>>DB<JAA?;>BC<<AE4C3E<@@BGDG:DBD?<?@?H9??F7G=BGF?A2?AMI?;?F@>H:B>EBCFC?@G<EGJBK49TKBD@EDE?>H?IFI4DBG>=>?>E?:C@?=EA<;C-C8?>?4?C>D<>>C@A?EG8:@=:7=BSE>7B;9DH?@AIFB6<;BG5=DK;//A6:7A=BAEA6@B<C6=:F;?5;FA36GE>:@2E>>@9@>G<>FB7:J9C4?1G=F73CBE<>899JF<=8IKACBO?4=6@<8>@NE@>:M>9JF@:F<BE=AI,<<<?;F>L1FE@AN:9A;@><@@ACBCA?7=CFF;NAB31=6==@0C<@3/=E7@1AF9:<E?I;>=FBA?@@=(B:BD>=>AC@;<A:90E=5G1CD<=B<=4CA:<EAD=<?8G77?A:>>6?C76>;5DE8C1-A>6B:CA5658:688A9;:B??4?=A=CC:?>>8=E=48<J<@D)9+@;E;A>:.CG%=5L7G;51?E:7C193;49=C8D7C?=2B)09@;>'>?5)I?B=CB;@@A?-0JED:E=17<6@09D@?><GD9BH/D?@>=8<?8::3K6=?;=><@<<7;4;<1:;C/GBCHBBD:56C;/=9@H@::@A8E68GJ>B<5G8@?AC=7@;:G8=@<BFJ@=F8FB5?B:B9>1B7:>@*IA9;383@;4@9B565=84.AA)364@)CEC<A1>>>@6B?=:89067<G97D&CD<9=2;<B>87@4ADD/A@A0?A><F5BCC>==;=@>E?4?:=BB:67C4:<@7AE;I<<=?4EB=:CE;$?;FB=B:?A;>E?@8>C6<6BF1AG<<>F9EA=@>8@A@?@:9@===:CC8?C0D4=AB9L?D7?3==4>B;G@)?BE5<48?:C>AC:C<:-?29<5:*/@6;?C:A2E?::=4;A?D/>5G99@@<?FF6:B=HGH:?@,A8;?50A>F?D9>E>B@ICG;B>9?7:A=0AC?CC>A1A8:GAAG3A;75HIA7BEB=9IL:3;FACB8EDB>=F=84<FC;D@D@G1E===:B<<J<9@FB>>7F?<E<;@D=?89;=<9=?J@8<@IA9?:J;/F>=A=:<A??5@>7=<IG=<<B<;BF8F5E<9>8>7<?3>JF2AAA=72G8>?H>=><EB>0@9<<>;@BB9AB<=<:8@:<4>>BB@9D@FJ9:2CECB:B<@<AEK<B?8CE@>;<A;8<;C?I@/6B7EGCF?I:GDGL:2A9:<>GH>?5>7H8B499>?B2>BBDP8D3>1A@EF;=E:6>EA@5?:97<258@??CB?95=K=;@D8:>@D<J;AF<09?=AED@6::M9:;E5F9=CB>F:A=AGBAE6BI86;;D9BEIF<AA:A<G9<BE=DC?8D@?BD6==:3C;@A5IBA*E;F;EFGDG;00<<A37+D3B>A?=CA>AE<&;@G8DA;HDBDH5>8D>DF6<7BDE4=9G>D@<@DB4JB2HE3CIDIB;:@F=7@IB=AG>GK@D>:C>IM;BBC6@K?3G?GDG9>DDDAJA4K?;H=?9BA?83D@8J?CDAC7>GGA?698@?:C>ADGHFDLPA7>IGLBG=?@ICFD>I3@A;ICBD?DDBMHC?/CEAE8ACG8G;I:;=H5?DD<CAIJ?8BE:?<K@?GC6;BD/A9;@1BAD>=>?>B@B?9C<AE??C9B>GI?A@FE?98@CGC7DC>H:79=<J=?=)@3FD=EDA:CK98<1F3D6K7=67K<@C??HB=8'B5<G<<;1=96C4@@?BG;KF/);LH4IDCD:B47GA0;DD;D2=?>C?2F@DD;:AC4==99=5@3?EB<C>2B=EGB:56C@E<?;B=/:EA4G=:FCBA);A?6G=7=<2ADC@JCCC=GCC?ED5;@?4HD>B<F@D@CC:E?D;?@A:2>3NE=2:;DC7?G9L%E4=C=@6?<=@I@?C=GC3@=;?>7GF?=BF7DA:H3C:C=;E=<:@;=@>>@B<CB7<>9B90;I5C>D9>45A3C?=:>;>;<?A>D;8:;4C969==@=.8C:C+18=E0AD0;+=B>@=$@49<5E*A?88;6;75?746D4DB@F?@<B6;2D<:@B;F=:?>=?3B>8:3BC7I?AE1<C@?3);3>'897/IE>8/=5F4=BC0<B2ACKH;?<=?;1DB@:8=99=A9>A1>;@9?A3BDA9E=9ADC?981?;7BG@1?D<?<4A;4;E789==G-H?B:F@7<=C6;B3*3I)C><<:9/?8<#BB@=95@:D5?26@@7B57;>:KE@HCE48@;4?D:?A>C??<D?:065>>G:92@8:97EH>79:?<A;16F34BE;B3@D5A=1<EG=6H<:;E>E<:8B?=3;;:;AH2E883=B2E=B9@<9D;CA==AB@0>><@7<>G><7<=>6/;D=C54A?=<8;<;=8;>?HB8A:@===3<=>.78<4;;?7>624<2I539;>C9G68<;9C;:D022EBMC=?:=@99E=@3B?B>AADC9?E9:@EDD>:@5C4<<?55E=@L8EB39C?=A=?>>3?>3C>=0:?D9>9@@@D?@<J:889;CB?89E/)?EFCA>:GG?@AC;27B3B7KI<8G=AA@AFCB:9<7<9??FEE=D?J@B>>BB;IBH?B<D@B?0BDCA9=?ED7CG80JD>A>CG@GAD9F:<><BA1E7A9:8?E8E?>?I?AF6?<DDHC?:G?;=H3BB>:77:87BA>>C6:FDD<EC<F468DCF=;:B=<C5?IA5?7@ACBG?B0/2AC=6E6=F=D4?5=DE=A<;9:??/@@:CE=59@71:76239E>@5=@<<B9G>3D<5@AB?3<:<7?HD=B:D0FA48@<DG9@>D<BDHBAEK?4)BK<F=4AA?>CD<;DAAF?CC?C@BF;=B@J@DA3EHC7JB?>H2;CB@-@CB:CF==D:3?9?C>=C>>.?;>CAB>1E<>>>@A:C??DGGD>A>?FG<B>0B:CAC5;>>AD<BAF=2FABG>A=E8;@>BHB@8>FJF?EI@?1>>@<>>?48FG@DEB@AJ<E>EAB<CD?<D2=8BH=F@7IDBCBFK/4;@<?8CAB>>HHCB=@;>;H?CF??A=BOJ@C<H@3=DB<@CB<=8==EC-KI:D??7<A<CHC9GJF9:>E==7G:HDHH<A>?A0EIE=D7I87@CB@=D;@>>HFELH@58<?;?FA;DAIDBI;1:,<BKI=;HIJ8??@=ABGA@B?HIHCD3;B?8E>A@O@LDO<ILMI=BB?<B.@@B9G@C09DG==JAEBK>AGFU>A*-EA4<>2@=D90I>BBDH7-BD;?DJ?7ABAG81BCHII9*5>GB;AE;=H@:@;4:AB8>@?>B.:85A?>E,BJ?L?8EFL<B;5+?HE>3:DB=CA?&0A?;A:B@?>95BA@:DD<=41/A7=@F;FA?>;DD;BCBEAC<A@E:HAECB6?DJ@:C>L@@;B<9HIDA==<C>A=?B5<1:@:7DBG8:<8D9J9??@CB5AC7:=7<CC;9J@B<<BA?8ADEBC<4=M?=DA?8<<>H9@I47<C3BLCDM;<::01C7221;;0?D=BB?L>?:=>FK<B8H5AA1B;DA14B0:@8:>>"4BC'GAA.B<C6=;8=1?1B>2B=HE?>?=/:(E:AFAD>;>DD*?@@??<79=A:954::=8D);>5G:=><?8<97=A:9D7>?>4EAA?4E<FA9CBC?DC:3AME8==8=,=E;CADGF@?@2?:E8;DJ;FD=;9?CB?515@<7@E4>5>=C?GE@>A6@B7:7HH>?H@B8@;CAH@B<FGA@=JJB==C==<;>=09,0<:A3>>@07:E>>3D8:+<A8<=:<>?B6C;E=;@GF9&>GFD70:9D<<B<C5=DB;>:=?;:BG9688@@J?;7G;>?B@>=:8@=;A@?M=CI=>/8A8;9?;7G9,A>@<<B:A5D<527@8F@H2C:<BEBAD=DE6>19*@3@2==>E=B8<FI>=>5<>?=)E;E/F74=@;:B7=:=E<::E;@8->:18C>B98>9>D>7<C@)C;6>?<,H>8B71<1<=F6=01<G?;>;:60;-?237??D@?<?57G<A;/J9>:BC@H7<B?EC=BAD;C:=H;G:>?>9:?2>>BD9<=6C;:@6>D<C@=B>9A:>5;?<;:=AA?C?@?7@>K;5AA;=<<A>B=F3AD8H?C>HB4:BE>?BC?A;D9>8<;DABF;?:=<D<><::9?==8AGDB@5F6F7@<<=?DA<.AG>B09:DACBDI?HA=:5@8>=@BC@C@>@>GABB8D>@DEF@B>;:G>D<6=B8EB:6?<D:8>:=2:<>AD:=6BF888?B?HCC?;:AA;A>9;K7CDB=CE<44C8DAD4@>>27@D@4>FF;EBE@=DD??B;E@BD=69B<CGC@@=EDF>5@DCC@@;B@7EB>=D=<I/B>45C2?:?:A?=C7;63=B>F4H;?BJFM6D5CE=>FAF6AAEBF<GE,HB?2?A<<F9<<B>DA7D@5F<<CD<E@?;?B?BDC79A:8?68C=A;B>=@?I<3=>7@K<BCB=EI8CH@=AGEF;>ACAJ>?=A8>D@9>E<=A>>E>?@5CAAEB=ED;9A<ECBG>AB?@98C@EE<FB??@?@F@<CIEK;J<>BDBBOE@F;I@B@AKDBE:;DAJA????B;;@C?:;;B>D?BH8=C=EBB?F4F=>@E=CDJEN7>>E>D?H<@H)ND=FCJ0FH>A?<9CG=DIB?LA<ID?ED@79;<C@:A7:ICCN536;=C=@6>6=AIJ<CD@HM8EC5AC=I7D7DA><9>@BI;0I;DCD?-A><D>?>AA78?NC?HF8>J9<FF?OA@DFGG:AC>J?H5CAF<FDHCHKB:58;>C90<8EBEFJ?CE>1C:<BEA@6D<C@6B>CG?>GI::?=;?@C68DCDE5=@>GF9=;?A@@@K@A@@;@D=@D>OE=0>=DACG5B=@<A2HBC@O>5=EA;?=;>;CF1<@GD6A?;<5N5AA:IE:;8>8=JI@6:+;7E<6E=C>:)H;6>DBB9>=@??LAE>FEAA.;<<@D<B@F=9?AD@5<=4>F9B1CAD@:>5?=38ELGB=BCDB?8?<DEO?@E55?6-AC6<7C<BCC@*CAHA:<E+;0<HBHFC/F>@;BF<8=J6BG7:>@EDBCG@G3>4DD1;7M:??@)F0@78E5F=<E7:?;?58CC;=B<?=-=7DC?F;:;?2C<A?@HH>IHG9=CB4F>G07:1@:BAD!>;D>B:C66>D&>A>E4B<J9?8AA=AK:<C=BBF7<<B5=F;1<HB/34/?@C;8<C?=>2HA0?<@9;EA<C:A:=GK4A=FA@B1D?6>96<1=:B7E7=F0/G8:@EA2>135E>;F<7=;=7IB3C8HB:B=9J9E4>B9,/=>D>@=F@;>C6D=4;;=5<AE&3D7)?;-0BE9:9?<7E7>6F8489D8?D@?7>=:A>=B:?7IA6=69==<G=<;B;1F;2AB(;B9222B@H@3D=9??B3;E99?8:B89@@8?5;5AB?<B;>8AD9E?::0>7E@D=G;<;A606BA4@9E?=C=C==><9)9;:4DBC<69D19@5:08C=89?;79G?E/6BB>>64E4::<=B.8?@5=C2A<>5E8@.G?:98;=F;>>9=8<?>7F./<?GEC9<?29C@>84?6<6D>3:;;D8@;<EC53GA?@@C:06B?<;>A@9@5FH4@>><:>?>F:6;><;@CB@EDH=?A>?>3FD@43A?BNG@DH@=D<B?=MJ:=<>2FEA:7DAJ?7EFAI<@?IFE<A=>AH9;6ECAB@C;C@@DF>D5>DB>3DFCA?8@KHC;5B=FE=61=>5A@<AA7@>@L9A@6069?0E?4DGCD66K;@D?A@?F>+;F88E8@E@2<H=<FD=9C<<BEFFD>F>ACBE;E@;C9=EEC>C?;7>>B@8><A@>>E?CEB7CAFGA&9;G5:@;597D<BDB9>A;CAF@BKAC9=;F49@KA7A;A?8B@>?55?56;EG<E1BDA;A:9>B=BD@C>EC=;8AEB9?<6AA:9C>A<8C6?=A=FD=I?>C??HE>B>AC4B<CB@9E7AC?6:C@68@>GF;G?<@A>BGA9=>DE>>BG??=>@=F>=B<B=<GI?>A@?4D@B@HD>4YA<?@D;><GB/G=?C>:@=4E:9>.HHDEA;;>=P5B:LGEAA@B;G:E=J8E<H>CDIKDJH=>D/<B76HADCACG?D?CTEH@HD?ACR8B?35C=>BACFFK;>A;DMFDD@>=FC@=<;;GH8NF>CE;FG?MA;B8F?AAGGHE@??AFAL9@B??@5;>;D>DCCC<=E@JD<?ADCG=H<?E0AD:AG9:>JDA9KCI>EC@I=FMFOPBJ:A<?ALB?9H:96BNCC;>@PHB?E=KJFII<CEOOI?GH<6E<J:I@IGCKIE@BF;KBC@FB?@ADFE697@AB@>=<;D9FED@;/>A:@?@4=>,<DH:/:=;>:C>B?=:<<>KA=BB;GDI>L6==AB<:;@=CG<BQN@>C:2AD7D8PA6DB:BC@A?9<@;>89=EEE8DB=13B=?;>D739AD<AI6?=BH=9@/:><BG4@;:C9CL@:;3<H?ACF<C9B;CH3G@>B?E<?-==@7>B=@=>DC8@JJNL>9.>CAD=(>EG@A=@>CL=>?F4KAB@=B;F4?7F>0=?2<4A;9=5C=89:6><>I>E;EB@G@C928;;@M=IBKCB>F<AB8:6CG>@DA:93?A=4B93CAGC,G<<BBJD2,C<@?9:B8;GDB:3=AC8A?A4DB</0A8<29FAD=<19==EC@8AB>;367678C9D.H@@??69?D>A=0<B=<@H6A:B3=:>>=HFGH=?/G?54IG:D?37B=BCF@B0784A?B8?9=?>;?>C@D5;0E77@;?<E78A4EL<:;9;D>4=D?@9>?;?C9@<87;<<:>F@.:;AB=ADAD05??/38:?A=B+>?7<=?:B-.:=B=9A?5E;7AAB;96A67B8;2<87676=-66G8L9?G.:8C<.3AA<ADE@7@3A;2:52<D/?67?C8<@8D9B=?8<9K3GD=95B?->BK<>9;1BB9<7FAAB=:2:<6B>?:D/7BBEA>@@E?473C;<GC4B8:9>4F@AN<;=D8A;CH5A69<A>512=6CG9G8:;9:A30I57<G;=;=2;>:@9;>;>6>F89B?B>@6?>:@:::76I'=;E9>=<C7?=B;:AID;7EC@AG?C3>(:5=>A;=@7&<;BC:;<C.-<;?>.EB@<9?CE*3=?=@@D<0C7=D6DBC@<:@9=9@@G=@A4G6C>5<3>9C8>8?43=8E=I,=70/=<IH6><=@73?@8A=>5E@=<B61:6A==3BA9>>><;>BDEF/:<C=<CB<@@;623:?BF=<A;IGK>5;3=?=?=>J?BBBFDB>7E?G1438=C?J>EHC;=<EAFKA;3D<?CH@C>:C?EHH9=AC8-B?HH7HD5?C:E?9D?;J8@A-@;?GF,=BHHFG:AF@2??D>9AE?A83@C<99AF>8GD?D>@?70=C8@B@A6DC;77?@7>>@5:FA=@A<CE85B7B?F07=@=7E>@E;@=<EC?@4@GA:?A=3@475B<@JBC>DEA<H>HE69@A>C:@A>?:B@>=8FF:3A7BC@HAE=9LE<9BDE?@;7>>;9<>AEBG?@O;CB;:=E>B/@2>=2><@F1=<FLCEG?B>,CF@?HIH>=>C=A<KIF<JF6C8>EDD?<9BAIDBBCEG>P3?8EH7C<BH>?C<GG:F;3H?:CAFAC@A=?A0H?C:??CCG@AA@@9EBJ@4B??F>KA>=C8B?G>AEGA;;:?=<?A<@FB:K3>IDBB=B@@@AK>7A@DF@@98=@=C@/L9>C;;A?BI?7>?F=E9/6D2JHGDFD6C8A>8>6;EBE:G@F>JEF=I?DJDEI?=DK@4ALH;EMCJ=>?@BLECDBGCA<5;DA07@==K;A8GJ@A?GO>@EA@<C;?CE;B7II7CE;FBF@C?3IABCQC3;>9BFB58H<CC0@CBICD8E=5<8<77CB<E>J@E?:D@G;9=<BJ?A>A;6@@<EI7Q@7@9:?A8;3>DC=4:=9??=;@?8E=FD=<?:BAG5@9CF6CB@DD>=>@G><>E7;8KL5EBG><9IC9B1.,D46>7A6D:AC63+@=,@=B?B@ACJ7E@?3@;DB;8B@<B4:7I:CAC>397B6AEC6DMD:81<@@/5A<?=5CF>.A=5371BA8:8DHC<>FEF-2:91C,@H1G88D4F8>@?<>ABIB<FCBM':<?EBCI7@G?1BB>><LE?B=,CB:L>>8,A@?4@;4@JAE7F=;@6C;=8?<7:B@D;359>:?8<:>KA>=B<;EODB?CG7?@0B5;1:::;?0M80A?A?-26M;H8E>:BA<IBE:>>CAD2C4=A/C7B>=@;BA:?B>:98B7C>?AC07@BI;.@4?2<@367@A?2:@<?>9>>A@BB36DEC=<FB83=AA?2ABA97=F;FI@<7O4@;I16HD@D:/1?30EFJ:D4@5B8GG79:?8A@=C@IA;?2;;?C;=C/,>AG>@32BB>90:@G?@9=;16<:6>A8C>F9A?<<9A?>5DB;;8>A?='6B=C=?8>>@A@B=;@:?=6<I.IBGFD9A>:<F76AF9A<@A=<1<<07@F)E;><B?D:>?>?@<>:6:<G9;D8-;@>9CB=<D;<<F<ED?5?BBB?B5;>A9=1?;1=HA?@CFDA3A=:68B8>B>87:6@A.696><<9:;?;>F?C:D02?A;168@@EC:G><H7?<C3F@6>@7<BFC<:9?95BBA8;<H<>@<<B9D8:C7?:3@>?=@>7A1FDAA>=9@?:68?=;:<<BBD;5E=@6>53B89C0C=ACFH2CC7>>?5;;A8@></A<CDH5:<74;69<F?AA:->AD=@<D<EE<ICB@B:?<=<?96A?>BC<3>><<@BD?C>>AADF>8@K;A:2@>:<=?D2=EI,2CE9;=6=25@;;@B,I>?3H-FD=CA8>?J<BED?=M>C?=@BIF(D=FCH?5=:@DBE@AO:=CL40<BA9<55ED?>8@BAE9>=5=C<5>=CD>B;D>:D<A9E9?6?HDAC->=??7ADBE:8B@@@;8D;<@BD@C7;?1@8<7?C=;;>?:GB;>?7:9DH7BA-;KEE>>ECM@5;<>B3:<A@?JGM9<BDG8==@BG>@D6@:?IA?=.F9BBBE?;=BFHKIAC=?:=<D-:B59>BDA?IDB?@FF@<:,G><??>8<=IN>;JFK:>A/<7?=:3H<;G4>B3A=FA:DC=;BC7JDE:E<82=FEIG?>B=83B@>IFCH=GA>BI:BC:D;:F==<FCAG>A>;C>FN:D?@AG=FHD:AAJ><2MC>)E@=GDG@I<AB=>:AE<FA?6GE=KF:@:G>;FJ=IIMMD6FF?CA=C<EKBEE<BBA>FB>=@@;F6;:GE?:=?=7A>E<?3E;@AK8C;::CBD7Q=:>95@A;LD>L:<C=NLI=BLHB=B>>?;=C;B?E3MH=?<DD>CG;DCA8;?<D73<FLEJ7@>B@=9;KG>DG>:=<@9EDBDE=7??5CB?B:>@<C;0C9BB2B@<8FI<FA?:C?@@+JE;3G?5>BAK:?DB4?ACEF=@DE=>/@5<AEFA<O=ACHC>5D5?6;BJ=;?@=?9<F>>A2<<CF@>CBB8KG8C536;2:A;=KHCF0=71=B;=>A49L7>6@6DB>AAEH:?:A;A*;A03>E=G1CGB8/C>A:/F9@./;A5A194KDIE=9?8>;<@B4G6>?>98C5LI?;6=>HBA@A@=C5<>C0@5:1E;?BB@7@<B<"96F6*8?<@A<@1)?>C>B==@:8=;>@F:;BF?C53DEDBFD?C9ACG>ED7>B<H?<B0B@HHPDG?AD?BJ=<?DA>=6?@C/=?7CE>D?BI>@B=?@@A5>4==;BDK@-H4A>==@D7=>8=6V?B>07D<<EB4A0C?5>=D>>D<6@39E)H=@GKFB48E8CE6?:?47:+E@D=B@BCFI@@>F>C5D;F;@;=@4;KA7B3?IB9B<@B6?65;@5ADC=E0AEI:L7A@<<3:H<9?<5?;;=BC?=@8AA=EG<?EA;7>;ICA>9:7:==<<B737@E=3:G78@=589D5DA@?;A7BC<>@;L?B-?@4>7;=M9>?-C===8D2??1@:@1.9:CB@AO?>AE8<B6@C@8E7IDHG97@A<7A;J:</FDBAEE5<8J5?9>99@A==5A;EB>K/A85;>>;C<79H;P8=D@C??<D??;A;BE=>@CC==A><6G;:%<==@C?E1?D@A@:0F<B154@1</2C=8:945=FEE836=DF=C@D==@>7EE<B<6>A;09:HD?C<>C;?>51:;?@<B6B7E@7B5:@;B67BCH:3<@AF:6?:B91;<;B8<=G?98;994877<@ABFCA14;=C3=7><?>B558:59@AE?C5<?>3JD<<?=8<C3=9?59A<.F6;6>2><?->3@H:@4?C@<><EBG;?CCG?:6?KA>CDHCB=EA:8CG5=@@CADAAD3?BB?6B=C?B;>?A>G@7I9;:7?B&<EKE;B<HECEDC@>C=C3D<:8F-BEKJ?H?G1H@@<D<=;/>=6CK==@FF=;7s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`Pb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ag¹¼£|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fíÿÿÿ©uk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eÒÿÿÿÿÿ™g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oÌÿÿÿÿÿÿÌ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³ÿÿÿÿÿÿï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kéÿÿÿÿÿÿ­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ËÿÿÿÿÿÂ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`Âÿÿÿº]5AC@?@9=A>D>:@ID=7<=<*9C<;7>?F8 OBCC8?3I?C@C;>6?<A;@?GHAB5;=;?=BEAB>9CI?<@BCG:D35?9>H9>5<?B?4<F;<99<5CJFE<ABA7><?F3I>A<CE><F:ID><A@@2<F?<67D?<,BCB8<:;=@9:=?<:GCFA@=9?18=@B19>8E>?DD:A=?7ABC?7N6H7=>:9<A<A9AB05C::0F@<??@?0@4@>1;8<91A@A1>6?=@D@?6I>@8;>AF=J@>4J>:=9<7?4:@>8;=H3:6@7G=DC=6=DB6?A3<5CD?=<D@(C<=@=DE3<A8DE><@@3EI@983<=D8?>5>9O6?:E<<8AAB?8J;;<=@9<?<@>=>?AIB@L?;8>=C<D?E>>:B9D<<36@?GF6BH3A:=4=;;>D?@E?I<?JC9D<@F=<G<B?4J;?:9B<3>?H7@;G2<C=AA=9=H:6E=@FAB7DFDB?B8GD;>3@B<O=7@>6?EF?><92>?>@CNC28B>?;.=AB390CK:?>F<D@?ABD>69DE965D<K3?JAG@A??C>?8I:,>8=@3DD>>B<AA>AMD;C?3C5JG?:8CC@=9E667EBDBFF><5A??>BB??E@F8HD?C:8<EDG8<D<;A@-D6A?E?C5@G?E>?BB@=3D:@D=6D;?8DK>9BBC?==>@;/;C?H8@A;7?>0@@<;AK=G7FBE-3B<5@?;8<5C@C>5B<5B?:E?:<9FAF=69A>7:?9=@-7@;B>>?<5;G:E=>CB;EDC=;=HE;=@E<B<6F9;KH<>D;::EB=?9(8><2K<<C@BK=CF=:=@=AC<<B@;:?6E=75EBEC1<CD5F=D?<G4?>@>F?7>=7C=?@?7B;9@8A>>?C>EKE8AF==@>J>@=<?5>C>5=E=>DKB<8<B@@E7ECE<@?EE8D>>BAE9MI9ICGDA7=3F?8CB?F2I?@BRFC><BFLBB@I@<;5HG7ABCEC=?=CK>FC@6@7@F<=BB@EE?A8=AHQ@D9AFC>MIJ?H=:B@>BBGA?D4D8:9?>:>>GJ?FB8C@B?@=PMIDFB=@<ECE9GG<@CGK>@B9BC@EACBEE==D>B>>?D:>5BA,>AG?5>H?NPK@4?FBBF;DF6;DAI?DAAIE<*CD1<H;FC;AFF6=EQ=J5@CD=E?ABEBA;:?OIDDEC=DD>BG?C4AJLJIUD:NCEG@LB:;A;=B@H@B+9A;@GA7BO>D5B=E><DC?D:<8CA@F<DK@;<:FF69>?::9ACCDNCEG@9><<?J1B:=ED<=H3SJF5EPBGD;:LC?IAEC?CDFAACCA5=>CE@6LFC:IQCEF<<C>=BE@B:@C<6>IA:C88AHHLBH;G==A;DE=:AH:/8:@BCGC4IA=HBA=7D=HE<7??G<:?8:><::B;2>K;D=B=>MFA7;>;?@AL?>EB>;LD;?>BHD?CC:>7;EC1H=F4<?<?:BBC=C?9=GDAB=.6BG=C?2:A3?B6J@B<>7<1D<4?7/;AGF?GF?5;E<E<F-:B?D4B<CD@>=?>0;;".B:>=<;/:80F=ADB>>@:J+<QOMMi�Í»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r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`[FMRNGG=FAHJFF@HGTI;6RECQEDM@G>7EEKC>D>;CEAJD6ICBF?C@2JH=6?BGH<;@7?F+<>947;>AEJCD:I:L6A7=<D>DJ<D<D=<D@>F;JN@;@?7OA<EHDC4<==17?>;?==?A:>@FC<F0B7ADGH?EIA4@:A8A@*-3I@9287B<3EJ:9;@7=HB67:<9A9<<@I=?1E99:D>9=J3>EA5==49@13B>?6D?EO_„ÿˈt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bXDHSIGB=D:AEHJ;<<G@>@FI7DDGFJE8BEG>;CBE@>8C@>I2CFEFG><89B?G>2GIE?,?9;?<8;G>C?<J@>EDBEF>AA6BF=5:@C?C?I@6>7?FIB>HHB>6?@=C<>ABBNG>5CD3LC3AC67=<AF9B:C8GG<FBBB<5IB?0>6D4?A@AD8C2C<@=?D@A<E=B;9G?A?=B7?4@*;;BC9A>D4:DEBA?IK;?@E;IEFGoÿÿÿÿ…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”ÿÿÿÿì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°ÿÿÿÿÿ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­ÿÿÿÿÕ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ˆÿÿÿÿpOIU?AKF59?9;K93=BBC2>;;>BFD;BA@H=?@:6DAB7GF>:A?6?<>=;@?E?@9@CA>;=2>EFD:A>C=9;E@;8;6CA>>=ECD5AFG6AECB5BM7?=MH0,9D8=B5EB?7;6:3.:=7"?8A=-7<<E86>>LHKA>C9DR46;>>6>C6=<E>/D>BE8CA4,AB;4?-C4G;<C>ACHCA>D=>JFL0=@E=?=-7AEJ1?@54C<>E?6F>>D@;?=H:C8BD@9?G6;>A=:AC=?86FE@@;DE:LF@A<:.D:8=<<:?BD:I2B<EA48E;HIBCN093;7AF9G?<86C@81@@6;H=>@==8ED87@C;3>>E5A@?<5:D:>A<=4?:?9<;CA=@<H>>/+8;1<4@2C=5/3;?=5=24E86=7<?A@B==;=?CF?H@H<@=7O>>:0=C3A=@<G=>@:DGG;F9<=?<<>1==1I6=>AEBI??CB@=6B>;C>GE>=A=I;CH2:47KC@3?6A=5FD>;JB<EE7=E7A=@:<5<@5=@>:<25>H9??<2>16;==5G>?@?;?8A?=C:1A>AE?A>=??AF;AA>;<;0==;=E;E:@>B?A1><5=KC@B@A>B<E*93=F=B42E?=;@7B:CHD3=@7@A?@>;9BD<D<;<-:;@A628;?>C@>IEA?A=6>><BBC;?AGH2D?6>GB:<A</@?D9@>?G><C6B.I=66C>CC;>CD;ED<B@@B8A<?>@75F>?C8@?>2<:<86:A9*><D;B@JEH?BF;AE@DCFBC><>B8@IDF>=.;D8DH79BF=:@4ABAD;B9@H@AB;>C5;A=9<86;@79@FG=6G>;9AAH;<E3@>?<B:?EFD>EA<IG@GFF83CD;BC=KH,F88C9DBEBDCE@3=;4?B=?<@CD9,;>@?6B;.B@@>@HAD16;=@BBA>B=@<<C/GCA=@DI;CJHA5;@4&8>?<95B>>>BACD9<@E>??=EG2?84>GC<<2>/<AI+DA:A6<:<93=A;C??=?G@=BE?:;<@I988BN>;>AHA=>E?D1>>EE>>GGC@517;DAGC685D6@F@E:B>8GE?<=:A>>G7D<?=A3G<;A?IDBC8>D@FF=BE2>CB?<@CJE=;82@<=>>I7MEECE?GE?EC@EB><3DFF0BCDFB=6@B>EME?4?@I?E=C=FB:BEN<C87?@JEEDD26EFPAO<;DF6=A@@;DIEAHHHB=BBHFMGH3A?8EDBA7B<;GC@DBCBEHF8?G=88A9G48=C@E=DFHG@<?BCF<@74H@FCF+A2<A5M<@HB><>B;CIB9ADA=?>:>DF<CFE=C8IJEF<H>6F@ONK8BCE;DAI8@A<GFF?LK;7F=F?P<.GBJG7@KF5T?BFVAEAGJBIAA>KOP>EKJN:ZJD9H3D>>?<;:=<3C7B8@CMJ<CK>E;@=@ID2C;E@@?DLHGAA<?<IKICD>?65I9<C;CG>0LAH=C@AKF0>:DJFAB<@C;DFN;D@=M<@=6HH6?8J?:<>>+E>??IA6C8DB<L-FC;=;3<@I=@A<6=@;0D1<5DH9CC5?JH1F;=>AH8F=:<WÃÿÿ«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{�f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e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k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g8@4E@O>D9OHCA:B<FJJ<=C=8@>G>DCA7BE6A4QEDKDKEA?C:@EKJ;>@AE@B?A=>>>BFG=@H:??9<>M8<E=FH@I8?><D?>B.99?;E9E>BGD?@9?.9;?A<L=DF5:H9;IEE>>A07=.4=<>B@E:C>=F2>;B:>8ADDM<@AB6?4DED2?C::7=@A8>60>BF?2?C@658F=>B<ACA<C6197FB=?C?4I:=CIA;3D>1@G3BA?=?6/;<:48B:>AB,AC<:B77;:8D.9237@$=7;<>8D;76*FD9><F?:?D@98E>A??8>B=;F;8-)HC3267>7=<:<<>D@=A?5C?;?:B;C;/@B?BC60?=JM:?BBH832>E>@FDH23JB?9C6/K71CC?E=7;@GD8=GEB;;;CH;KDHAAFAD<B=D?>>?GD7A>B<@FG4=;B=::?<6=GA??/>96<=;=:AH>8A7*DAJ66E;??:9;??BE4<C1<?DCG4?AB=339>??C@<<9:<9C=-<;?F8@C@KE5DAD;5@I@6=B>B/:C>>A8$@?/=9>@?;6?<B<@9>4:;>AC?98@?*>68@<C;C?B:?994:@A@;=6:F/=841>;0A:EB>:=;@9B6>E?=9D?B;<28BB>?H6E@;B:>?:=B2D3<FB@@<0?EB5GBE=E8<<.C;43;-@;AB=C1A8?A@8=:A8E9>>:5FF>?D=:?:==B?C46AA78E>8B7A9A==D;/B/>483CG4D?A>6<HJ;B6>5A2<6:A=C?>4C:B39>E;DE2A6C4:CH9@>D3F8>*:5=?>D@7?@?EBAD=89?>5?;'A@GA:?@=589B@F8K7189=B;G>>=?F@AA?BA?H<B3?D:@:>:<@8GBAD>9B8B(9?<BBF=F<J=;=@>=EEA>@@;?A?>/<A@D4CC8-D=B>9M=9=8C274:GC<@:@B=6<?CD>AI;?A1=?DAAH9CC<<G<><9=D:A?;@1?E@;@6@>?=AA6FD>AD/@ECH:GHEJB-@=@BD@G8?;16A8>=?EC6A?;<<?HD6?6AGA;?9CD96DC?97=2D8?B>@;BECIB@<<AB@CC@>8C<<LGB@F-AEAFIE@2?4:>??@<D79@@>D@0DB<F4A@=C?>2CHCBA3DDD<GADBBAA:K=<7@8F8<CNCDA<BD=<AF:7>EB7>G>:DF4E659D?B>=FJ@@;;?1>??;>;?B6<>A1:7=<99>EBA8<F9;CCGH>CB;>@C??FB:9:>BA(C<65G:ARH:A7A;?CAAEDD=GA=JAGK?A3=?E8,F@K@C@@ID<;?EK3+CF@@D59CD?4DEB;=H>?6C@;?E@9?DE@:4<G?8=:MBAEMDA67F?AMNAH:==BM@FBIF<F?D>?A7GFN9G>N9@EGEAC6GFF@C::B=9.?F:6C9;QD:IF:7;FGEB5>F15F=9=HGC:=;;;?ECD>N>GD?@?<?@8GN?6;@PHKL=47BEJKD?@A<:@?==E?A2;NEE>13L=DDNRJ9AJBGHEMKF=JKEC;CC@H?C<3@?D=@@?<6:FOCTJJDO@JL@DEB0BB@?CLDCD>?HK>7DUED=LPDF3A=D/4C67IGI@><:GEHI:FID<D;EA>B>>?B@=D-?BE?HHBBEJ8??2?G=;E1IRFQA.<H8?==@DAEAE@B0D?F:$@@=GE@<G;6D=>B::D.EA;AACF:B3BC9=DF4*9HAGAIEC<@829HHFA97EB;=A9@785?8;;7F@?H<??C=@<>E6>>5;7,@@823>@=>=A@<AA??I=<%@<@A2B8?@B?=DBG/@=A7?;FG;=@8H4:6C3BGG3:=<?F=<AG;=E7=9@:=<=D>;59E=EB9C<>E?C>;?1.D@BF7$;14=42@1@5/?@CDEC=8FAF$@=39HB?F>ACC>5>C82/=>/DD,=AH><><EB<=@8?@:6:DD<>GEI6<3;<BBDL@G6C1IB>BDFE@G<E<A@BC>FEC;?7J@-=:A?CAJA;E:9D><C-0AA<8=7A@99??G@=@>IE5>A>@=>D<:1A;G<<8418?;=?>CAA7HJ;8?::C8?E8<56BC@=?8?K=8=?<.A23937?;6A:<C53>28?;-7<?DB0=B=B:>23+>;9>D<96L=>B0LGDD>>;:=>0.B?;FH73<<@@>?CA?@=?4F?@<@==4?;2==9A8>CC>3D9A@=@D:@8I@<C0=1AJB?CC<?=5=-EDABBB=@=6C8>C=CAHA=8=>:9:6E38@B1A@E?>@;>C?:F::@A8::=C?7=:>-:<6E>2=;7B>F147<=9@CE<?=;=F67E:>CC7C5@?F7E>/L76@?C<8<:BB9/?3;D7:46@DB94/8K?:>?E;93B47=1<CA:E=8A<I7@:KC>4@=?6??EB@A9C@>>?<<A4D:C>@:>?:86>=D>2K7=@5;D3I.?B=>>D38<BA7?>@?=>C2>7EE;C7>779C8<?>BGCA?<C;8>C?/A8>C6B6>DEE/:B4:99A9@;=BD:;C?@:>=?6A?9B>?:?A@CCJAECJ>MCD2:5A>H=GDBJ?DC:9?BGC=:@4HAB6B>D.><<>BDF<?G:@,?,:A88=99<=;F:B@D?=CCD3>H?B;E>E:>A???@9@F9037=?@FF@:@F;1F7<=<?;G>7F8@?BE>@DF4A6>60D@>KB?@EB>,A<1>:3;><?>D4CD6A:D5;C5D;<AC=5ADBC@CE??:@3:>7FIE:@<A:C7L>A?CBH<=CJ8>???:C8ECLB>BAJHBF?@<?.B>B>5CBG:GI??ACC;I7DI8CF9@FG:C@>@C7:B?Q<-?2<EJ?C9EB?<>HJ@EHDF6JD<LP9;<J9DA><;@==D@H:;DBBFCDFOD;@ADH;:>A8E;@A<BEDA3A8<;A>GNXICAAG>F?BGF=AF:7ADEIE;<BE<$IGECECB<G=7HAJOJDLJ1JEABDG<?CE?@<LJDH>?==;<KDC=9B9=F3<F:D6CB7ACI:ABG??A:C;D@B>HECI?@=?>;B<@IC8HI=K>6GL;8B6>B7AN=>=A>@GFDMKCA:EEGJ;@RMA<A7;8B<@GLGM=KM7I8JD@<KCKIDHHHG?>9:=D=B9A?8E>@=?@DEADG?FJNJ9F@BB=CHL?OGC25CEGD@<KCE8;2EBP?=FA:4K7CHBLG:;?PJBU?B:@@:EFDEMIAF><CIDB<ERIA>JE2@>8:?D<IADGE9LC5E>F28A:D7M>?>HB4>:2<?E=@A@@5@@I:C><O7:>C?G@7E;8;KF=>7I;C60@=GFCJ1?>>9>=BAD;6??7:1?:5AB9;CBB@4NB7GEH@F:-A@DBC>D=4>AH>=E=4EF@;G<D><<:2->;G>9FEDB@?<9L:8@4E<57:6AC<B:=4CJ>9CDCJ;D98&@G7@67C=;C;B6DF;6>;7A@<?9565=@?=AGD=9@H>D?:=-B:=F7>.@DA6=FA2C64;<.CFAC6?CD3=:A@<BCA?>?=0FGG7<6JDA=;F@ACD?EEA:A@@?ECC<J2?2B09<?AF@@C<;AI=?58C3?>?CB?>:B3D4?AEBJ9<1D;<?9B@G5E'>B2>@<E>:9@IA@?@C9A<5>BH@.?A:<>F5DHE;9CE:DC9DDAA82@@=B48@>A/E<3;40.>.73B=<<69<A7?B>>F=<@F;6;>5=CACC975DA5;021F1G80;<@2>??BE7BB?46;;9:@?8<8B8>?AC1<:7<@<DGF;;GC;)>A>;;9:?@1@D3;?C7<BD>?:=J:A08@5<???@AC<>CB::D=B@=4?5?DI;?;>D170@E>@??@;@;@==L<5D=>E7BBD;G8:>;5<<@:;?42A;D8>7@::>?G47C@<4;@:2?<;>?-4>A@A8<=996F;?>C7EBA<<?AAE3=CA<>7@@=6=79:FA<<@8A<G@;:>.34A:C?H;F?;FDDDN5:55=AB=B=?G;@?=C?B>:3?8/B6>:A=5DD=A97>8H8ABGBE>D>H?:>;GC:?=CD4@I<;@B@@?37@@IC?F<?=DHB?C@G4G;B5E:B?HCK?@KDE=507J8IHC=5B@@B=?@@A@B5?06CA?EC<A=?=A8B@3=AB;@G:7<@,;3@@CE>8>66.FCEDC7><69GFH@GG?HD;DCAA=DG?;F::=E5@2D>=D>@D:9A<889C@=4@,GD86:3/<;<A1>2E?7@8><EAA<>?H=BI797=<<D;E><;<AG9IAF7?D;;A5CBA;J?<:E<@<>7A@5>;6<2C?@;56B/7699;669<:<8<CA??:BDDD/D*9B<BA::21>@<A<9?:<A@8B>:B09CF>51AI@AA>@=?>EE95@;=:B:>CID9E<7FFID:9CD8D=L?6AE=F8=D=?@H8=D4AG4BEB=F?C@B<D@;C;A=7?BFJFF<KFKEH?CEFJE8B>MI@@@>FC>2@HLDFK=HB@@DA78M@KBB?CE>L?BCL:@LCH;>B8>FGF:;=>:K=>>5NHK<GD@B6CFACM8AIBEA@=DG>HCB:CDHH@CFAEE=DCBCDF<BDHCGJB.G6>:G>G6AADB@A=?CEEAB<=8>CHGE<:FUF@@?BHC>FR@FC;E9<FCJCI8<4BC2D<>A548RKLSDBJCGNOAVCB?@DIE?9H?DKLW4F=IOD:IHH>BN=D7FC=JDDJ=CDE3A0DD1I<>8CM=UAB;?JUE?M;GBDGC@\KHILC@D6<P9ILJ:@BBFIHBB>@X>9C=M?=?7I>G>EC@H9:G4BCAEA=A.EBE?A@4KE@8LK:?AH@HJCCA?CB?9H:7A4=H@AC>G>B@=<LD7@:BOH;DB?I=F5:3;/F;CG:9DC=>FG>;A>A6@>FB>@=D8F>;@P@=;<59A;1:KG<C?7I;DA>197GBGB9E8D=:?FADCKAB:77>;?>8><=;39?;?@/4A?F:;??"I@=:@C3?G:>?;HH<F:?CI>@?$>?>3?7B3A;C??;77<>@>:I68:E/>J<6-BD90@6??'???I?D91J?DG89=<>,?;6H??2GHE<M<:IG:19B8<FFJAD>4;;8186F>C?76/E3:9F?AQ?>C7C@EBACF8=<@C:A;.ABH9C@6=>B?HHB3BB<:BD<CC2;DC<:@5AF99;DE@AC>AE6D?;FEEAB7E3?64<:B><@>NBD<B59B?:88AG9C9<@??B;8F:@B9A=-B>C956;8:2FC=EFB3>?9A?9=@AB5?<?<<B88;<:>85>;8:A;=8=@5>@>@5F63C35=F?;=;704E833HD:D<;>@A6>665?/;63;>=>G594=28=05B<?/5<<=@?A<27,?;;A7;8</F<A3A3B<?;>:C9A3-6<F><<A>E4<>9;B9A=A<:;<C<67@@>596F>::<=:8<?;;8.;5D28?:A;;;=B1:A;A>>=CD?=>>B9=@>M7@88I@GC@=.D@HB593CF6>0C:=<F9D@8@&9?D6>2G@@..D:I6<N=F@F359==9=@B?84D8@A<E=36?BC>H?B:>B@>;?4)9AA@:;=G@=:>P3>?::-D<C@7HA17A4>@B9A8=I@AA?:B9<A?A>=@=66@4E999?5AAAB<B>EECBCBCF:G?@@>;HB><@BF>?>CHFCB;;9@K??<5??GD;CI<??;BL=ABF<@>5AD>GEEA>?A6F7?>/CB<CFC=?=D;6>?7A587A;@CHF>>FJFB=9B;:H.A79E;5HE@I?@<=72=HA8EC<5@H@@=9<6BD?:@=GD646=8??=J76999B@<D=:D5@?AE@80F91@==<<BG:@;<<@H1A>:ID@I6CJC>@H8<=D7H3;A?@<@>C7@?>CB@6<=BBCBA<AC>GGB?8@<EC?:;4EE6C9D7@<HA<8K=:BN;AA;:DD6B8@B:7FB=DCF5?>F;5BD9:>4ACCFEA09D4I>HDDDAH4@@7><;A@DJCOFEA?ND>AB=9>H:3<F39=B3B>C;77I@:A=3G=HB><BJ?>GE<D><M@BDJJ>2=F?<C@AEABFBP@KBJFGB;ECDADBFHUGG<E@P=CK@CFBF@.MB+:;B>EF?>A?H@CLHID@DKB@HB<<>VDDFB:BNAH@FC=2C;LBIC<C:?G3CDCD?DGBQE.4CFICGCQO<DF9IBBE@PA<BFE5=>>;=GOHCEG6RAACCJKI0N;B9NNH?LAIEADFHPKJL>?8EOJBI6KPDI>O>AJJ@7DBHAKJ>PBBCAF?JDEEBBJN<KC>;BFKBLEA<B8C.E>279ADB9HABIE9A>HMDNBCC<DJFJFDDB?K=L?CHQAFKJ9QM1=DAF.4@AN=:?IJ>N<HG>>A7KA=81:FHE@<EDDDEABGI?BDA;C7@<?I=E@FDAFFJ5H;@4@97>JL=;ABA6N@G?C0BDD>BA:DB6J5A<EL:>AD==<AFF@A>:0C.:?C??BGCB=<C=DI;LHE;>57=AF;=CB>@=?ABHACJGD;?LG:9B6@BF0B4H<<?>;CHBC@ACABBK9>@6;><EOB8F50>@:C<7AJ8KHIJCAECB=4?@C@C@>B:GB9;B@;6F<D><:B>D4<<?:@E:GA@7@7CA@FL3<2B==?:B@<9<J:B:9EC37E??>JB?<BI2@B98:DP?=C?B?AD4C?3<A>ABC;<<DC@BC9;F?BG@?DB=G<A:B==F<BBC@A@=BB><:BGF2EAD9?=CB?I;F;>0J:4;CDK@<C5,EEB>;@@@5@A73=:?CB>7H;,F=CMB>C+@B9;>4HA@<B><?D@?L@:=38/4<?G5A6C9;@>>?E@<8H7;>?<E?9E@@@6@:B0C;@:=D5>;2/A<EAM8<?:ADA:=<>?<?919<@@6FB<?@BE<86<C@>8<AF4=12;D4=;;?7=98:<E44=42E>-B=D=A;C;F4;1<41ACF:@@@CB>CA?E6D>><A6?5D:E:>ADAA-=BB2<E:@C5A:?ACED?F<47E94F?F?:@:<A99>:>B5=D:D>A?3>C0C9.?H<B8?@;BCG7AFBB??<E7>.@B9>K>68>94EDE8?>==>$=?,:@9?@F1B2I?>:CHA87?A:>I@D;@K4/=<:D87===5F:GFA4?@78?7A2EA??>AH@A6==D83;BA;?=??<E>?@A:@9:G7EG9>>?5<=BD<:<AD<BH@9>D;?EDC<>E=C<C;-@FBEB,<;<EAD?0?EBFD9>B9B??@@;DAB@C=F?-H<>E>;EF<DBB?9I@3IBB@?KIA=AEGGBBAA=?<=;7EA=C2HA;<@@5>E9@:1EH@>GG7D@ED>:?BB4C@CA;?;?C:@9A7I=9DDI<B@?B:6C7C?6G>7@<7H=3C6=A<<BCA??6;BAA@B>AAC58BAG@?9BB?>8C5.KC:@>7?@G>=B=>>@=HJ><A?HB;DCC:?F>==:@9BIAAN66DC?=B>G5HA4G@F<JE35A<@EG<E=';>7@1@I;;?95E:E7@B8B=H>G<D=@;7=F<D>@F<>FDCC:>L@4EL?E<D7:>;:D@NA>GFCC@I>C8>B?A.9?<999@?G;FC>2C<D5?BBAB=O@E=:=N@L@HF>?BLC6E=GDEBA7CHF:L:@FFB??@6=;D;D>@I:EBA:H=@AH>ABB<PGKDD?G;AC9=D>BI:==MLOALOF;;5F7EPK=@DJHJEA@5JH8DD@<AIBG5VA;>MKC96?NBIA/>EAD@AFDJNFDIH@E7CCC?@L<@<BADR?;NG@I;??BDDAEFNC@?JG<EAFG?G;C7N@=B6K?VLBGJDHD?DE?NIKJF6EREAK,?C<OF>1C@FPRN>EJ;>CE:D>ADT>I@AP?7CVCKTDMA7:?B>>6AA=DODE><CE;L7B;FQEANBCFKD>1CIBD><NDD@BKB@8CA:?;HIC918E65CGEIKR=C:@KAF<J<=B<H?OCA>AIIEIELET6<C8CC:?B>:GD;5?>CJBG?H>A6JJ6<K:?I?2GKLCA<?DNN?E>9&7I;1A@:BHB:F4@K:EB@>A?@F<19;A?FO;:?A:C5CDBD;>@>G9A<D@GDC6@=D?IK?:8CD;<;0J6GB8>-/:=B9C:@CQ?@8<<>9ID=;=;5;<F;;@@:EACD?D98CHHBA@@=84D3CA?.@<=7E6A<EF=C9DABAB53:FA>K??4?8A<:@E8>DEEDHABDP><GE>8?>B<DG?6>69K7EKDML9E?;/D?D>EBD=97::=A1=/=H?G<2BD>4?@EEEA?3C:A;8:9AK6?AB?=>B8DI?>=H5CA6?@FE/B<KKF1>@6I6=1@=:C<7?1>=@@>DA6>I@;F:7DQ?A@>D;9?6BA:O@A2;@?B>AA;;A7>71@-DAC@HB@<<AH>B>8C?LA?1A?C6:85==@:9<5J89C6>?:JI11:<C*:GCB=DBA;3?=868=:8BFCC8BE?BGA=@F@04;B@@;88><;:@:8=<6D5B<B::?=<DIAECDAA9C:C6<@A>E9?8)@GBBG/@C9J?=;>?;<GH>8AC9?A=@FCA>;:BBC)=A7FA?44<<@@C?<A>1;::.0<6D:9FAEG5CE?;3807@>71>AC<=?I5<:;>@@:;>1D:=>:4;IE:;EDF5B6@84<B6A;F/7=:.@;:7-6AA?>?BE3>;D>7??/8>DBAD77FE>CL=@<75=:B<>8@F9BCC8<@B:DBAC:6<A:FGDA?@;96H:B@@LC>?E>?=B>@8B?A@8D?D@B=B>BFC<95@F5IBBC:6@:DB.9;=BK>8?@3:G3?F;:>@EA;HPA?1F><@;G?E@<9>B?G=C?FFAB9C<B?=B1@:>GB>@8DEC?CA7F>HI>B5ID@B4>:09E<F;;8@CC3GD?C@=?DBAABE;>C>A23B<8=;HH<A?7?<-DE;BF<AC@A?7?<?A?B99A>;>9?D;>C:>I:/79DAHCD9K;;:A=62?AII9:@A?;A8BF=B:>C3@AA@?=B8<@,;@?G?E@A?BB;BF=:E>B9A?;?235;9D?FFEA</<?D4IE@3AAC@<@B@:BEGBDA<C@>DC3@A==F@CE6@DHA>?ACAB@EACB@@A;C?.AFB@AA?=HEMF;@=>EBD@=B08?>F>==>=C;ET59EA==@EC97<?AA@BB7B9@G;=I;=A;?DH;G<AB:DH:EFBBAGLI<ED6:E=CA>3BCD<@8G@>0EBFJ<?4>C<<BGGGB74=DAE@DL?DE<D6L=GEK=CF8:AG7=I>FNEI?K;IGKICHEEAO.:=GBJ:J3B@B7EH@FJFLHG@H-@<L2=C9>IAB;<H<Q?K=EGOG;IFB;=AIDLG<DEEOCMH;6J=J:E=C?4GFEG;E>@LE=C<C;@;7KMEEHC5E:9?E<D=A<@CL:FKF8IACB52DHBA:;1CAIGJ<JD>Q?F:D:A;E:S@MMFGECO8>5C:7;4A?7J;G?(<C=@GAHG8RMGBQ9?KJKL5LL@B=B4E@A7CE?I@1JMKIBC??EI<?EEO;C@BG;E@BGI65K?AFIH@B=GGK9@<4=BE@ABA@=B>7E@<P<BAE>=:6CA<6DMDB>=G>BBE8DN=:>CA37HM:;E.AC5E>;@E@A?6M8;K=>8:=A>=E?@)<;=9JGC4I?4?-==HE;7'>F;F>37D9FCFC52:>@=>BD9;?;BAC:9HAJG.FO;ED4?>9=?F<@=AA7?@AB7<DC/59ADFFECD@QIE4?:A?3?DA8==<>D7BAD:4?7@=7;D?C?J?@A353.3=?C@7D?J<?6A4:=CA<F5<?=58B8=;9;C:@<99BD9@L?FAABx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n[YbL<CBEHC=N?;C;B@?@@<:?;E>28H?@?>AO.=<BA4KG:5?>BE>6E?BHC6D6BJ7@?D?>=EC<@MGE?CFDCCDG>5E@7BCDB6KCEBDD@FCC:??B?;E3@GCD;GUH>AD>+H?RMF>=?CC:I:KNIIB@@=H/9HK>JC8C:>E?E?BH<J3DA=D;NJA@GJD;?ABA<@:V7H:CD@J>?GB?@DGGDDFECDJ?FCI?COJN/7LLAALA>GLFDBEIBDEH>F>D8OF<@=I61LDFEHJBE?8G<:FJB=:PG<B=@NFH?K;D<JDA?FFF14CNADLE?AC=MLLLIK83A?@BGEG;GKQOD?JI7EBMKPJBEC?C=9B;?JG?OEJQRNCMMJ>H?@FIJ@F;<EIGKLCR5QHBE?3@BFJ>J>5KI@DVAG5AFFKII?86B?7B;6?=A=?KCD;=@P7EC9@?D4GDF=G<BEBFFPKEBEA<E?=L?KDKP3ED>BDLCD;DCA@HEC=A@AA@>KBA46AG?D8?7;AG@4C@D:LAE;:LAJG>F5CAD7;=1DH@>?6J@@G(FH?C3J?6AA1@CC3@9?>GN3A6KFB5>E<7:L<69?>@8@B5>K@8>B4==AD@??AA;@H8<D;6;CIN8>;4@:>B>B:>>2EALA9?>@KF>D=C8">10;6A7C5B8%<.(?6;<1>=>:B8C??C7</7:;11C=E@9@??74G3@AI0@7GC8?@G=96A?=>5?C;?D=@>@F;+B?B6C<J@8<DAM??F?>76EEE5;DCB>;8C@<94=A8/6???@<EAHB%HDAEAB;CLA;2E=5I:?;@E>=C?8B8DFA>;KB1;6A:F9:<D)FB59<?<?D8FA<0:BF<1>=8I/@7?2DB=>@DDAF?(;9@@A?B<1E4C2*<E>7B@;99FGF=@FDC<9B4;;?C>B<DJC7?ADA5=;8@B@9:I>7DE>5<.8C?BC?;;6;;HA?<?9;?54CA5F9C;@EA?7=-2G9;EBA46B8A;6AD>BB>7-D:A<:BB6982?A4>>@B>.F:B>D>>)8A=B??:78;7EAC5EC)1??B2/C>>8DC;=3@>AC35ADC:>.C@05;@BD/;588<@IC57648B2<>=E=A:35@1C:B:?BE6<DA77:-9;<;=7>=(13DA=@AD?B8C>6?:D>D@9D74DG@5C=7A>;:>:@C?60@>-8<3?>=EBD3>?0D@3@B>?:E@;D31@@6D;EC<A:<<>CDD=8@B1@6FC/6CE66@I78E=9/2B:49<FD9EIJ;F@GE94@9:9@53H7B>D@EEB?4FFH@:8A@;6BB:EC?=@AC?A;I<HEI=?6?=>?>A=<GCDCCDD:E9<3:E@@<D=:D;><?=6A>EF/F?F#::?C?8JEAF=@;93EDC6GCA6@D<0<B9<CA<9D@8C?=;?A7<C8?9>>AGLAJC@?A=C8:C?@;=?@=<BD@:4?D=9KGB5FB9;IF=9>>?CB@I8DCD=+BBAE@AE@HFF6DA@=+B;8@?>;=<ED8F<@K<;;><>=DA=GD;CA>4:DF5?;:DB8AD87A>7@;=AA?=9A?9EDFF98@B98EJLO\t‚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fk>8@E;C?E>IEJECJ9<.D=L:>>4=E;CEDA2?DEB@=C4><>AFHEB6C:D8?CA<E9)@8BAG9FBC??;E<MI@<:;G9>L@>@6CIA/<88B8ACFC9I8JH=DHF>EBGB<;@GC=F<=KEBBLAOF?8?GDD@BH@K>:<AR@FI<GCHFLG;>@CLE??ECD?DMDAV6:FA8JHF;?8<:?CA76E=2DDREF7HB@IJK>89C9@QMGK>9?@=BD;IGMGABXG<AI@C@CJQGE@HFH=>A8@EGCH:EK:BBE<DIHO>A6AGHRADQTBAHHPHBCGAGKE:5EL:HKHUEBGCJPG<M?6>?>57I=KDH4NL9@D3D@0B9:==<>@I3FC7A;LPHQJF@;J;SM?QRCCHBKDC=S;IZ[G>N94KCD=<EAD>G@@TC:@B>H>DE?FNAD>CCDo<:HM?F:6DOFBJ>>JG?C.B>=5M>?E<;>=<BEDEACAI59@B@I@=I4RC>@JI=F?E=DMFB<(5@>E1>=;BCD=CGCIBEDD:H?A?7HE@9;Dc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g@K_OCL?9I<DBMDCLGDUS@EDA;>=EABO9::NA5I>1HC<@>8;9>:2LSGG?B4CJI@GMG>>F21?<B8BAACN4A<=6=C;@EC>EB@679@>>A2=DBB=HCAJ@C>>5M6NDC;AA>>==M@5E7?G)@=:@@CH<@;>3AED?8<H3D9:J>=GCE7;2;79;CB4p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a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c‰ge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–ÿÿÑ`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ÿÿÿÿÿ…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th—ÿÿÿÿÿÿ˜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w3KGBMDG?APJiJM>DJDDRFIBCI=RIMLPLGNCG^B1?2B@0?65L>:BIHD>D55489@8UCHGDJ@>?NB:?M[—ÿÿÿÿÿÿÿ‘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ºÿÿÿÿÿÿ�XSCII3=UF>NCAHBHEJS13C=D4ACA@;AL>CB=:@69?@D37=@@?GBFCPO87BB>BD;AEIBC?AGDBA3D=JBG=>B4E9<@KD=>=;GR7LKNQHCU5C?CED8=B:FC>1JI=@?<;<M8>>=DC@>:C>D>CE>5>BBI=4B0JHB@<HBJ94@><AC=FN7?>@@8<CFJ>EGA<;B7;G5F:?FH?E<>A=BFC;ECD9<8B<=.?CF?0D=B::45@@B97=CIB>ECE?BE9A>=D2B07BG<=6:C>A<59939G;?8?EB3?DCBH=;AN;.@?2@4B?A:D?FI4C>+@/FFCB27CA;/39*A8D?DABDAB>C>6<:8E:2BO5?>E>:@>?AB@3>@EABDC?GAD>A?;+@<C=<8>GC=><H:8@BCC;HAA4;=DA@-ADD:AD9?DA=B?F6-E@=@<@>FC(?DE7;IE6IB5?>5EF9>?AB8=C2@K0B.><?HBB59E/>8?9?6BF:21CB?<=3;??D4<B;AA>BA>K>5E9??<J7?DG:??@A99=@=C@7?H<@7BCA&@8D<>CABA?2:=7>?8>>AB=95A@:GGCB+><C=?>7I:;?><D>J@==DG<D==??:C<=5<6=L?>>>D9DJ8?@A@<6C?68=@<?8:E:E@9<>5;J@A<>>?<?@?>G?@>;<>;>A:52B7=>@<AE0DB>@?D9A::>9:=;B7EB@@:@2EB?DE3>??=(9A;?<9.C??=<@<>BA=>BAH?KE>9DG8C7E9.I@6?=79=B>P@4=K@?KC>DM:DBD8E6.DG8BC@F@=73FHACBFDF8FCF;3=5A>/E@>9D=FC::)4AE<HG;@F;F=C?C:IBJGL52C@FA=A;AB@G;8<B?8DE>CCAJED<D<>;@EC>B@?>EDGE?MBA@:BAH7HD>BC0GB?BIB>7D><CL?.D>DBCE=C3CB?:@E>E8@IACD=>DGA6=EE;D5CB====HILEC<B>B:CGC7;>7DB@?A@5BDF;A2?=?>?2C8GB?>>BD8BD=EC>HEAA1F<DF9*B@?>63A=F>7G?CB>??C5=9?A4ECC?BG5CF;@CF>E:E?C=>I>D8CCBE=><><?BD@?B?>M:F??=;6FK9BH?E=C==??I;@?CB7BAGBDB=/D8=96CAAC>7>BD7C?GA4;?HFD4E?B:A:;>;3CC;?=;DE@IAAC:;A>A<A>DLMHD0I;<HA:DD>C30@<>EF/MD@:G><<D1F=FLA;DDLD<9ED7@=BEFIB4M@EFJBHB??BEF=JJ;8>F<CB8B4AC=I2OA<;97@@::GQEF7<I6@<0EDILM=>C9<8@B=JCD@D9J@D@JG:CK<J;HABBK?DFJQKCDBI=D?HG5ADA<<EF?DA75HH?ID@FHGPLHEAJ6BDHI4DGIHD@FYI@DHGLAC9>@AI@PNINC<BAHGGMFAD;I@CGJB@HGJC@ECOLN6FKPJIHFCC>F@F=OLNLHHJIEMCDPOURHKAK?GGJBIMLK7CHLRDGEEBFISBANHG>HAI;?B9DB,@DIRE>HGBBD&G>AE>HD9>E>?6@7<?A2?7KG[›ÇÿÿÿÿdKMBFMGSDCEAGACQ@E;D:D99<LFG@F6GHAIHFCDC?9FGT@CPE=OMIPR>73>JL=E@4SPAGG=IH>I7OR8C>NPAK3&<7>CL7@C8A>>AQL4B@E:E??8=F/7=2AAB1C1O4E?=@@K09IAC9?BE=-<8>>4=A;D@45<=;>4G87-=O6B<>6CH?A>K3D;1?77AB6?B0;>>@E08>8:3;85:CBH.EB0FA6@=3LA=@B6;E>9;H@<<JDM>9>.EL<==@429=;6P:@><B?43>;B?/BA=B@B?<<=@*GD,A9AA>=><4:7?>F"F;;3B?=L69:A?BB:6E@4;<@D3D@>FCDC70<=;A0=D.>/?1*@DBC5AA==?GHEA=5AA6DH<55CDAGF>-/>=49DK4JE::>??IIEI?<B<@>NB@K;G<L<@HI;ID9D.AB:>85JAG=FB85@<:@K>=@8AEH;F>FD:A:5:E7?C78A@72>2==AE>J98:<EA>3CEADB7F@?<=>6>>B:CC=B?A8=@AJ>C<0=C4HAA>;4BI<8?4:@B<>7JD4B?05A<:99<G2=>DBH=4GD@CJC?1>D8D=<;:C;J>8:G51B@2:0E@;86;?>C4FH>46G8=CB89=*<<CE77@=;D?=I:7@@@858>8EB5CDE?:30>6<:D4CECD<4@@<A>?@6D7;;=@?E5:AB@7>=K5A<C=@=D><DA!:,BED;:>5C=4H>I:;=3:+;<;D>EC@>BEJ;4:;?<=?>94E:?3?:;C>DF>F@=9JF<6?95;CC=>C<E@?D=;FIJ<A<@E@F?BDF1>AB@>DFD/8EA/7+HI9-G4?5>8F??AA1@I;<9MAF:AAGC@-D9@8:24AG@C3?B?AF:;C?OB>>E;9A(@:JA9=<F><:?=CCBB2FA=@EJ>>B80>?BE;C>DAD<C>E/@4::AC:>FDN=*CLC8@?KD(6ACE:C@;==A=>GE?DB?:?F@>F>:E@GA>@F@?;HAEG;?4K(C6LHAC<>5@?;9>A=BAHED6<65?>?B=@AB;A>@GCDB<G6FE=E<8=>0A8;EEFCC=5>A;?GLJF:F@=@A>ACACF@IGJC70EI>?>AL8;B>CB<<5L@<AL?F@<B>D<BAB5<DIMDA=@C4E=C:@AG<=<@;EH8G@;;B@D@CDBFCK@7BC562>IAA>DAABE</GDBKC9F?>B@?<C:*6LI?J9E;>?DAH?;EI7;<?@EAKB=>E5M;AB?HF4CBF93:AD@>@?BB8G?BCIGEH8LJI@AA6DFA<H7BEG;CIJ@<=<:M?H9AEGQJ<DCDN;8FGBL=F8@GAB;;94G:@JAFLCC1?JA@@N9FIKD?;6L;JKH5GPCB;:K8>=@>=@B@KDDL=JFFBDB<;PG:3GFEAKFFFRE?1DG@MJBGJZK?7FMIHEFG9CCF5G:B5KEKE;A;FRFFJ>I>K>8KHGIK@PHH0CUKG?MFEF:>JN>LJHNRD@H8BCJGE@QZILOA=GLKD?ECRIBJG>EDLOM<:ODEJGRD>CC93<<:AC>3F8N@OI2DACIGCHHI4NJ<:=K?N9DGRXC9MQFHKtxo]XP4GAFE0OSHG;HCt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aqOGDDBBK=84=JB?DF3GD?:78<5F8>CF85GCCE:DF<=F;H3@=;JBEGIOI>BCBDCE<DCVHB=D=F7>A@E<K?GC7R)8P5C;DDC?>EFHIAE<JCG=DIH=;EGCCD<<ED9>><ADBCGGOECAKUMF:JIB:==CE=F:B@C8@9@EKBSLMHJG@GJ@OFAE?GEBEGEFG7>8OE@C?IHBJZKDFKZJAD@EECP=MJJTHJH>JAHJETVIDCKOLHKIAHDEDHYNA@CQ:FCBDILS@KYFDE6;>5<:C<5@GSD;?GF8:OYKD=@/>>AB<NLB>GQF?@HNFL=KUMK@D?4PE=5J<KAABGHJG@NMf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jÃÿ˜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øÿÿ¹d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|ÿÿÿ¡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Éÿÿ™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b«‚ˆN7;H@5OO?8:EGBF@0EDB9?CC=CI@CEHKH;>9HC5>?<G=@F<84>B<BDDCI<FAF@ALEAHA??IHE7D@M:<E@CEZIBMHEI@LSHBA=KG>FRFDH@@7D7<>A8C?95FH@H=EK:CGCIJBGGA=@B=LC<H7<DK@VCNA4/E:NGG2;0DN?EG?G<C>:R1CB6E@F:GRCJIAFEEKEGMAGEFEJPHDKACKJGE;AIHFXIO>VGFEEKAA@:OIEQMJOJJHBArJIENHIRMC?OAMR8>?8AAD=,:CBAHKA:9;NG/@BBb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g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g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a]c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{‰•…††p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`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a|ŒÇÊÑÿÐá­o`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x“¾ÙÿÿÿùþŽf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b‡©ÿÿÿÿÿ㹨}OJP9;7A;I>-9@?>:@A<H577DB>:C36IB98>A?C?;D1<?A@9.C09?;><:9=>:>:@=5K?>5<8@?CECC?=AB3@<8@<K5=6F@=??H93?5??DACADB>=1C8>H:3-84+G;J<?;<A#@5:A@@8@@I;?L@7D=2B8?B>962ID?>AB:=C=O>:6?1:>F<?LB$AA@;2C?@A>=EHH@@>I@@B4AA:8D<C<7<E48?CPEF8HA@G<@F@HI:4<?AE?EC<AFHK@GDE@6=GDH9B>7IA=DF;9HC=G;HBB1B;D9;@B@EF;=95=@?B11J=FBB<+BB@D82DCCA@FBOC:<9A@A;AHQ@E=><GGBF=@GF>>K56BGF9>8?@=C9@FHW�ì¯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…ÏÔÿÿÿÿñ즜…[N<@4<8<<A5DF=:G@16?B;9BA;F1:@>?BDA3CB@5H:?F5A;=D@@=B@2B>HD<;<>@>BC=<@9B0=E6.>69DH9:8<<<=0=B@9@=92B?EA:GD;ECB=A8:<8<)8F+8=>7ID;;1AKH4>@9>B94:AC?;;CH>?:D?J>BFC;;E=BH8BB<@A4>>?FA7CADFACDBF92?-CBB>=C7@@E?@:FC>7@@?;>E9?9=4C>?DC?>A?1BBEMDC?I<A=IHD<E;AH@?E?@@3J7:?E:D@A:E>3BE=:<<:?.BPH;I75EB:=EJ=@A7CK=DJFC6=EIAU7>BEH:6E<<?>?;CD=D;FBK5D@8FE7A@K>=K1CB==13>H>A>HKC?L\ÃÿÿügQDG>=.6FDFGD5YFFETB@LE>@@?:MFBC8CP=CC@BBC8B;7?l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{ÂÁÏèÿÿìûÇœ~^K>9B:=4?@C@?@2@>;A9@CCG?K>D9IDBK=DA<7>7C=>AC39AJ0@>D;DD:*CO6>E90>7<21HF@7HG6<?<<H<5868A6:EDGD=:2CA8;CG4@IBE?AAA?<;7:3G?45<?N9?C>E>>2<;;G4=A:*<->6:@EBGA<?>;6DI:?A=CA?A;:?G<E@?B6D@CF/?=A?B<<>C2C@B58B@9<>AA7667<E@E>C;@F@<I;<FC8<EJ=:FB6A;GC??B8;B?>FDFBEJ7@?8DG?A7EBJCBHF0BH7;?=_CAGH@;?<K?E<==DA@8<EA?=?CDE=CICDB?CC:;6LBF=BE>FV>D=@DBD5IAA<DIDGABAE8DIDGFGDD9CA;JIqÿÿÿÿˆ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€¥š¼ï×ÒÚÿ�fXABBH?C:GAI?AFLH<HGEE66A>5CDE<F<DCGC@ADAG@-J=AB59>7@@>70<C>I=7=EA39:FA:593=@9A:5A:AFDB<@6@A5G=;:.7@H@=<=>A>2<<B>>=;C;?@<DA?C8>+7036@@C9=69NA<=A46&BC:<&8AAB;<<ACC>:><5;BD6@?;:E?DCCE8DCC?AD49E:I<A?AF:<B?C?BEF:;6E>;FEG86<?B1CH8?=?;6LI:G<C<CB?=?@GFB,<7DN,=;D:?=;;D8:?BBD<?BD@B=?BD<:A=;=2<9649CAAB:.8>91=;NDCEIC7D965ABEC<AAA99K7LEA;<AK?F@>A;HRB?9C;A@A>NHCABCGCIKC_ÿÿÿÿ„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ksf„™«¡|xiMT9:EAE@=KBB@EB@G?J?8EGC>A=<FBCC3G>FFD7DC8>H?5J;>E<==E@;9688>=E;::=9F@<<98:<7;?3>C8AED=8872<.B1EDBA;B=37C;MA5?=2:<=AE7?:8A@:<>?<E/<>A/6A>@C>CB<</:682/A->8<5E8AFCEBA,A;1@7?:BEDC57DFD@G>KE19A<CG:EB>:@GEA@9H?AC6?8A8>F:37<HG@ID@?5?=GIA@@OA@9HDBB>8DJ:H=9HJ6DB:B??7DD.BA5:58C?GEHH@=899BB?A>1:F@@DIFKEBEHHC;B>D>:AA=AE<F:CA9EN@@7C?CIGAJCJ6?>;G:B<GCD@@<C>:EB>A@HFI@=@Dd¦êÿÒ_BECPFE;F@5J@A=?GQ?DFB<BGF;::H:B>@@LIEHGF:PDJFADAF=ED?@HF?>G67FJHEEBMJK?=<9FCDHBF?IMJ8<AZEH?AB@=REJ@32J@G8DBKAD=>O8LH9EE?8JTFIFDKLHG@WFK)BBDH<VMCT8CABGJGAC-AB=B>LWFD=IAGU;?DVIHL7KAUDAJDH;KLIJBG>H6AE<7?@A@BE>ADEFOGBNEO;WK7DH<NI;G=4G?`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jafšhhJOMHG@?HC@CL@14@=A;B0:;EBDAJ=5C*?H>;IBEC?:9GAAD<@DAIF9:B:=>;BNE5@@D2:;>D2CB.?A<B:787@?B>?D>A=>BA6HK???A6AA>>;JBA;<96;AJH-==F@4>?->/;<;BAB=>BD>KB?E>D=;6A=<7>A9AEKDCJG6B$0:5@@C<?BECA6<@?0A7CBD=ID>=0BFC?BC=CJ>DA<@>?B?=<@-@9G=F?BBD?9;>E<@AE>;>EFI8DF?8GQH@AA?:E88?F:<H74DEI?CA?=>C@;AE:3LH=:<H;D;GDEAA>GBEOJED5>?BIE:@>EDG>CBFKCEHG\JB:JI?BEF?8K6ICF=3EC0AAHA;NF<BCHEA<BIb‡£]ILCFBM@?DJ=HCCB>D@6M2CAA@AKCEI=ANIGBGDNF8ELB:FIB?>FHJGDGb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wPTPLF;E3@9I1?<=5:G>BB51DD;1E@FA7=E?>C>9A<A@CH@I?@DK9G<?8@;<C=@@D;GE@6?8B=.KH=B@D5=><7??@@CA@;CF@9>:>@F8<C=>5DBE>9>@==K??2D09>BI@GA3J(C:?A:<;@8@@59@FCCA<B99?>3J@G9CDF?4=<>HBH>B@E>9G<BB@>>269ABDBEFB=D@9E@=B@KFCH??>?B@=@CC;A@8BB==<AA4BC>:=F>799AEIA;G;I>8<?7<<HBCEEFHHB:CIBB9AE<E?MLBAC3.D93;BH3?D9/C?DFC5LJMF<@??A4?C>>>@@D?DCJD;H?B7EBBIDGACO@GJJAM@LBC9<?LBAGE?8=DHB:EN\eqHK5DCGAH@KCJD?B?<C@@@7GNDGBIKB:;@E=LA>CLAAFBL9MDF?AB:DKIje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dKAGEFDCEAD=AFBEA=@>9@FDFLMFGM=GH@??EFD?AEC?CBK=HC>I?96BAOuo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bfv|QBCERG@I@FL>I9LIDRDGAA7GC?A?<5=;KBGFACFOECBC?KIOHDFL>;NJ=@MQI@OJEO>EFFP7JIPJ;BM:4RGK?D0HKPUFQS<HDJ<=FIGDI6MNC=JKEI(F?S<E???9>XX<>LMKMRB?Q6?3<A=C9OB:PQ<A:LCLQ>=B>]>LGFGIIH;C?;LEAND5OI?EFMER>BD<MWNFRFKEE@DICJLA;CB-Db>O>7<,<6P-ATKTBE>@@CFAF9??6>>>E4D=?6LJDM@KB6=ILO99(B5@886?2ED::>H?GD?CCE?C8B97B5C<,;8DH5?@M:;b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a‚ˆ…bMC<<AS@C@ICCDBHKL<JGG@=DFF@FGEJ@<JEJEIBFGDALI=PIP?a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`CA=DE7@D=GFGGFK9EH@S²Ã²’a@?EC<CK3DHFB??EPD9BJF?FPCDNEJKJ<IAEB5B?@EJP=KMMUNC5QI==HNOAFANVA?ED?HM@VGGEJ?>DAG;GIMAHHEGIPLMH<BJLJJ:KNYGOFG?IMB9EKB6WNRPDCHSFISAf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qµìÿ¾R@:G=BJ@ELHBJA/IC@=KHDCKI:GJ:DD@@BKH5IANG6K\HHIJIDTHL5?:AOE<G3EFCJC0@L<THEEAN?IGF>FHCNB9E8@OO@HLUDYE?B>HIb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}Îÿÿl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gEHCDGAEI?F@CABE<=D3B>HEIT>>HJ?EA;EEEVTBM?PjÃë…G:0;ICDIO<RA<<6@H?D>JBK;8DLAM@H\PCJDEE>?NH@E;H>;DLd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zŽ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d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dLPJ6496<:>3E5<E><7AG@9:;J;B<:B78A?:;?<?K+@>:>6HC6?<>53=>B2?77>1C1?A$BK0<1.?:DDD:@8C;<>H0C238>?;2:D7@J@@B=:;7A:694DAD@DA:52==-?48>=><:B@?B9@;?:>@7?E=>.>6E?1?B638?FB<A6.?=B+I-=?A2DDBE7:;@B5,0>>B;@C4A/D>=?EAC=?3J:<?5A4@7C;A=.E*A;A7A8==<?F<>>;:A@9;MC,=8<+BCB<>A<7B?==<;9BJ4DGBEACG>=.=>B3?:=C<50::@8F?9A747CGB3BG50@8=@9H;?@DEAJA@<8=CA;4>AE>@9/ACJ;<<?>:;E7:BADB=D<>A;67<=@>5=BA7?A=9A?EFA09?=FGI>8B?/B?5E?GC7DA>9>==B=A>AC8=87@>NH@<???@<CIC@A8A=BA:HDCG?@EB?CC?6>H2DD8<D<A@A>>?G=AE?=GA9?<<@1=A=><CF;GBCB<@>5C6A@A<C89?62H?F5G@D9(ADE=JB>:3CB>?8=AF@@;EA5F@?EIAGA5G@B9BB=IG3CAIGJ2@EB<<;C?B?FKEAD?B;:C97<B==96CA8.9E=@ECBCF@:FB=?=;;C?GC8>>4@7C=:BC@7:N@BA>:@=HFH?F6EB2=?=9>;@:@?@8><;7;?<GB=>=G4F>:F;C;ADD6B>BC?;B6?C==@ABHBH>5@@DB=EDBF@C?AD3D7>>BCD/?==@6E<6@D=ABA@;?=A6FC?<<@=@F-?ABAEDIH@C?88DH@@5CB7<>PB:?1G<?4?IE?@>BA=BFE=F?INDEEA6JH:;F0G>BLEF9@=O?HG;>CA;E9F@K@=?A79ABEGFJEJH75>A=@GKH;JUAHKD@IHC@JJJGBCLJHP?F@H@@=H@>CWIEDE=JAHLM]UR=HANF:;HFLFM=IOEJILIGD=DH4RHKHFDAEDFNAFJKGH>@7F;D>EDCOLG@H@DJBFFXNGK9E9IC6FBMIKCGEAQ;K=IOC@QMZ:DLESN@ELIJLU;J?OB:BJJ8OHGKC?LVC<D?QJAB;ANJFRDJE=>>H>;;.<2>9ECD5TeFCESRAYLOEFO>6M63F2<DGB<B<KKDNXCIESH;@@HEGINFPC@>@B:,4HCHJ@CGC==>F5AFS>;NRJGT>RVGAJ8LBJ@?:@GAN@CFGAHUV6N=DD=;?A2;>?M5DH>KDD;;EA;4@-?B?0<D?NE@>MTF>>FD4;:>5:6;2B=EBCA?37>G?ABF;B;>F=B:=7=:A;K@>0ED;5CI@>;AH@>58<@A;=B5@AE>1?AADBAK-9DKA24AG<1EBD>F/>@D;FJD@7CC6;E39@5D@=GBBe9@HIG?B@<E,1=><;ED;6JBB:BK>C:AI9.,@AEE8;;I:@3<A=9,?==1DK@;99BC-A8:<8>-:>9=6;DHB8:><D3;D6?8?DD(7@?BE;C5A;97/:?HF2PA<<>C1?@AA;59@@;B?KBA??D;@;:;>FAB3ABA>C,48A1H5@DC@.E??<<-B=17=B:=?59J@=4LF<1=AJh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fE;SK>@DEHFHVMDB8<:>7?CA0ADPH?JNH@=YKIC@DLLCFJH?JQFGMG;KCCH?BI76K?=FLAUC=LBFDIE:8=5W@JEC[GJ<@JIH?BLLB\Q@GC>LFBJ@SKKHAA?O039HCJ8<LC>A7>G@GDJ;8/OCKEFD(EE3>E<M<;EA,)EB?CO?B;=RF;B@Q;IC0EEB7C)1A>CKD3AF8?B7ZCH'M:>99V?9CAFG@D5C,?A@AF<HAD30L;B<D6D4AA@=8>CDG>3:;@6F:<H?A9AD>I?4C6C7K@:BE9:D/<0J<G<>N@23E0>9C>@@BF=4A3/=DA?DAFAA7EE2@?AB<C8A;;H3:@;5B8?C5>9F;3@GJ7:B8FE?=@>><9>;H9DE>ADC;<:<@AD=A/ED8BD>A??C;@?A7E/8B=1C?=C9<CJ;9A??<<G1AAC3D0E>:HD<;AE=46C?@>ED<9i>?8<?:G>B>ABJB:<5GF;:GE>C=@3>>=<28B@=BE>KK>8<D<>A=<3?C>=I45ACE@1F3<@7B@BK@E2CH@EE?@?D?'B9;>??<A@8@D69FAB/59<B?@E>=>D==>AAAF@68DCBC7;<<7:*AD97:?@FGE>AFB4A;>EDBG?B3B9I=>E:@<BC=8>2BA>EKC;4C=@6:=@<B3EB;<87BA?83=:DA?;BC<<IB@<=6<BCA==;<HC>79H>>4@>71C9FG@>?ID,42?AL>537?==:C@A6>@A@=4:C(BE>=96FE86@=B::>=B?>@D>?<BC7=F73?D@F5=:5=5=DC3FA<=7=EI:A8>99;CCB=>AEA9@@<J7>A<?;><9=>7@ABDC@AA<AC*@=;:@7?@5<GB8B;41;=B?68/,@=AB59@@?>C5<96C4;E@9?=1CD>=::;?:;2FE2?D9D68=B@19BE5@>@JDD988B;@J?=?DDCC,9JC;H>BB=IKB:9@@>?FB@@;I><B;=;9GE>>O=DG8A@=:=/>8D<B@AK?3A4;:?D=;C9?DB@CD?JEI@@MI<<3A:=E@CDE8DB@<CC=@@G;C@@:@@E@KDEDEA;A?D>>?B9CE7A>6<<B>?B??<3E<=69:A9BCBCE>?E5;ED>/E9AA?C6;C)4@E=RMD<B9HJI@=<=@DFN9K??==@OCHGD:<@0@;H?JAAFB?=E<ABB8H>7D?CACA3?:JK?<DB?6@D=<C;?;B;H:H5@=H<=>:CAD=>D<:EB@CA4F??C:?AA6BGF>;E@::?E91A@E@=>>@=@50D>9=8D@@@5>;@B4=6?B>FCAAE8;@>BB>@C=3<HF>E4;=E:?7<@GEAE6CBF7<BMBBF3CB=KDD?LC?7=LH>FBIMB:B@DEG>IDGCACCA>;A;FGAKB8G<L<?IF:GAC=BQLH<SLND@CC;6JBEAHARCB?FIELJEBF?NM<>??IKEO<ADMJGE@DI>?C=;DKE>DGLDJLFFHSEC>?B?NCC:HF4CCEAF>NLEMBDJGE;EHO4OE=Q<FIXIICB6GNCUBLF;FDJHTWWULCG1SbOWXL;ICEKGHNBBFFKWBESDGDHNILNH:=I_TBDHUGHJGG;RDGA>BC:16><;794>HE7P[JHQH8BEGFIJK>OID>EBN:EEBLG4F@SBXD=DEAH?FKED?MHPBDF/C2EJDD<Ba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bH2HC?ACHKIJME76HJKP_@BHAJ>PDYJGI>4LOJFCJDLIG]@FSGCCORUB9=QDSDF>JK@;?P@C:LDTPQUAHLIMLTH@2UQODDSMBECML>@;1<@9?4E=JDMD?CHRLMRN5RMSFDRKFQF>G<OEFFGFJBDCJCC=C@JDL>EGB8GJMO]AFLPI?@@QADDNF9KGI<?P>?C=>C;C(C>EOLFDCICB;BECFD>IGJB?:I=CABQFB@B5AC<@@HBM7DG5?G7>I=KFAID7A<0:<4A?EHE47E=DAFC>DF>@K7@P0FB?>H8@;D7@D?548O>:3==?<>C>C=KI<EC7+B3@E2?J?6=E5CL=?<FL?AHHDBEK@==<<L6E<AB>6?A@BG@I?>E6>6CDB<7A06?FB<AE>CAB=@9C=FKD8?9=9>6NA<F?G>6<G6;9>@G9<=E:FCD<FFBA<G:6A>=??2/:?><C=:A;)>49?B/SG?;IA@H<CB9@8-,>AE<6?D3699<=G4C>?B?3EA<?B3?GF>0DC?I;4B9D068GB9=>=C<21@ADB>;<?@A;?=61:=A2B<<<@5A=@B==H=?C.@:8D:<D@;BA@?BB;9B=0GAAC877@BA7B8BC@:<G76A>A><3=7AD@C89?C<?G=9CC>;@6;FJA;=LG@AB=A>=>BE;GG8=B0B<4H@><<D<A@?971G;/???M@>?H=@>;;<@B?AGD<:=?<8BB4H@D@9><;85A4E>31.A5C8F:;?<;A3>I3,9=D4E<?>;4;?HGH=7;@?<7CA?F=3E57@<AA9<43?E;<>?6:C9C;B@BD8F<A@=;H?@;AD;>C>C;B59C;C?<G,AAC?=B<ABE:=BB@G2=1;AA@D?=7E>6@<8@FL6CA@3?<@?F9A;F@@04/C:D;C3DAG9BCI;<??;152E?E<D=E<?:<AE:=@C7I;7@7=>B>;AA;?=8<6?@G>@8*8B;?=48=:A1@AA@:@;=<=4,B@C8:@B>77:AG6ACCD0E=;>GH8FE?3@?A8I;D8?=5A5AC:BD0D;CF=<=9A86?>E<B=2C>F@HC4?C>G<;>6A@B@?<CA=C5A;C=HC<@EI?@<JA@GBB>J/@?;B?E:>;C;7C<@ACG=GFDGBB;8H>;;;7EBE:>D>=95>?:>=AB>EBN>:=089)F><CDE;>?>9;BA:???.>D?E>C8D>CB7D:89;7;DE1?A9A6H8?==;GF8AHG89B:=9<@7CC:JJ7EB5@;E:@E7C@5<=3FB?6A<C9D>ACAE4B3>?2CB2;>?6A>2BBB>GK<HA9<?B>+>D:FFCA:B>1<E<5<8C<F=>GABN?4DBC?15=CC<2?C=B>D3<CEE<-HHACBBA4D@LFDC>:D:6BAEJDBEAAF:7?FE>;@@BED4BCA:<F<H?AAH6<:B:=:J:79C>8=6<D>9?B@DAC<?=D@C;4JFCFAH397;D=CGCGDF<FEA49JHA/HC@>BJ8=CGL:DC@=DEA=;>A<?8ABJ=C>:DF3=HJCFBEL4ZPK><A6?EHAZ@CAA>NGA=E:C>=EPGCG3KD;I8FHJGDI9\U9D@LL>?=D5<JHJASHM>8KGI;HKCJLFLKAJLPDRMH?J6Q?AV@BIFAK:A:Q@Q?<MTNKC=DEG;:M@7DNJNKDB>MNAEPMHHNHG?JAC;=ILF8<:D@<@,9APCB;PJ9KLDKKINUMOOPHCRGOKJJA?LBB>GF=DNAEKL6KVPEAJQKE6CJMM?<D=BEMOO@NAC1G<=2HDD;=>G=?KC>I?BEQH>>JIJ99LA8;F=D:&LK@;27FBH?9:3=FF??BDH@=JM5F?:EFE1K?>C;DC7G=AJLBK<9>FC6HQ2=9@?>F;A?E07C<B7@KBB<6@GAI8-<@EGD?5;>>EIB;8:@A?C?GFB5BD@BGAE@G5:FHGGE?B?D2AA>IC7>H<D+?7?C3??@?7?8HLCCCB8<:E>3AGFAAE4<9ANDHEA>>AO@:A:@F@;?>=EFH6?A;=999AC=<@?D;<.8>A=CDAB8@;@2DH=6@FKO2I?<GD?IB=CH@C69J;:>L8CC@HCH8IA>CB@F:A;@94?92CM;8I?B<<<:>?@(7==6-09><2?8=>;B6=6J49?61?B4:??>2GA3;1A=BFE>,26=@A?9>>A=@<<DB@;7/@=JB@=@BA4A:<(?C9=B?<?+=@38>H<E:?BG<7FA93CB+3>=;95?9<@@3@D/E@>46-44E>A>;@@<AL7A158<D4@@>D>8B.F7>+@;HA@-863<DA;7<5;?AD>@@5@C82>B=CBB;:=839B@=67=D>06@D?;=8B.C6=19?1?>>C@;3<:=6?C<55DBB83=>A8E>4::><;?/IB>>3@F>?=>A?<?8B>@CBB<CC@?C?7D7EA@43>=7>>AE><DBJ=::=5G.=I>5:>1;@7>?@G7=<C>7>?74<FFAC>B@?2B8H0>F>8>6D;=:;97@EAC<=F=GDC8EALA><D>@?8>A==G9>=7;::A@4@9GA@C?B>?;8FA@2A<:=?HA;BB=;1=8F@8G?B>;926525?H5AB=BA5C999>E<C@DAB5>><=L8?8?2@=:F>901<<A<C>AA:=;@?88B>+75/A>@A59A;9??@H4A@9=9?579C?B>49F>(:>?BG=@7=4@4=?F2BB@1G;4I<2A07DEC.H1A:G=:0B?@28A>AC4;=>C:??F0<C9:BC>>?;A-?2GB?5@:=;<>>>>G@?1=BB?C(=E?F:I-@?.6>2>5BBJ:EI>C<2>B?=@=:>2>C3=>574A<;4CG=F>@8B@/ADF7@DCEA5;5FC78A9?9D>9GI@3-E=8>=I;9FA?>77@>B@@EGDB/D89B=C@<<:J9=EE8?;B1,>:7B8<=@<7ODA<>CI9;AB@7:6=BGA>E@8;E@0==H6A:AB=7<>E;E>5<<A3?>?B;F8?FC?EF?0/A=<6;DE.G?B<2L:;?D4@D<G4I:C?@<?778DIC7F<BCG87AA=4IC>/DC@<BDDDEJ.;>OABJK;F=C;HBDDOLD8F@9A@B?@4FLF?;HK;KFCENN?<B>E>HH?=>A<@=CBD@F;=221?C4MF>NAA>A@CH9FN:@BJB?AFCLE.F:OLED8DEJL@DJJDQJB7@ENLFI:9UNLHEDTYIKFQRDMFIHLGAHH7UE>7DB<R>MEHKINFFMRTZTRHQ0EFGG>FHDJ3CPJ7CFP9EQJBPEJGNR=NBKGLBA<:<C:2;A<H>F:8GC>HBE:MENNCQLIC@L>ILO@DI9=?OGCFQUCE7;YTFC8DSI4ANGG5QJWM=CCFR=ISIICPDDJ?DD@L1G:CKTF<DHW5?<B7<<:EP4J:5;HNEF?.@?DD=B7:9<GLC?DF:H+:>H<CHBU6J?:,@>CIAE<<EEPMG>FD=:7>;>EF8A:GM4><EBJIDHF@=EAB?AC?F/44SHF:A?C<GDAD88DC8CBL>D;BNF:88@9D?EB;C@A =<8C7C00?-,EB?>>-G3+B6B>EBG:58><BE>3/@44<;7A.:C@A;.??;:8:76<>/=8I+AO:CE=>@D.7<C?;HA9+?B3-+DCB5:C1:0>@:@A<8>*+E64;08@4;AEC6:85?C?9;I=@=?K99?ACD<H=@F:6>9=CC?IEG>@F7>?E=AB?CE:A><F>@H?:<>L4.>B.=EC:>@-98?C><E>B<;CDBFB?B6H0;B@@7E20:H6@E@E9E2>/4;>AA0B>B0@=/@=F5:1E@=B;@@7>@G24AE>CB=<B>7BBB88/;:4/K;=?B>E;>>7>=C>>?N4>@>:BA>CC6@?6A:=BC:@A?#@89E:EI><E=BC>@C6G@>?=8FE95D57E<<:A>A2<8B64;:2;<:9<B0<8A<8278DHE?:?>7::?B=?2<:8<D?<?J2683?GJ;/<J6B?<>F;B>CAD=<@;GA8B8?;G@4E?3E>;>D0J>=:AE?>;+4:8?64?>;>7@DEB=C=9<A359=G9K;=L@45>KAE=HI767?=A@=BEDA?<=:;9D>99@<:AB3CBCAB9@E4>C@;@B?7A3A60C0.9;<=>A>:@DBF??DGB3?@F98==A:E=9@;B@@H-89>6:AB3;A:>FA;:5IC@55@C5A8:A6=5:>M>7BE:E>96?A>>;A=A6?=E,<=?CG6:0B<CAA>1>B:<8F:?8?67C0>?<<FA?7E6A@AH>F:0BIL:@>89CH62;;>8IB@?D:EGE.>?3E1E=CD=4I=E>D07G4=?>9A986@@=AD:8@77G8B?<>C>B>@E>?AJDD;B5>?<>>8.BE1<E=9CCC?82F@D@=;B8D?CC+J?7A54?CBGAEH6CB>GD>=;A::ADB>A9G;BD7899D48H>7L;8<H=?55>A?@J=::?AA8F:;;<.DCCBAA0@89<;>J@?@OAH7B9A2G?<<>:?@>8=>CF=7ID:97>E@EE>9GP6=AC7=5E>==@A8=:D>AB?AB93JC=@J88M=6?L@K?9C:?GGB<CLD?@=GD7:5=89<@<>2D@>L;GH@6A>=D><C=E@-@EK;D<?@H?EE>6B@@J=<@A=JCMFFA>8HC0JHBBJ/AH>H?EHAC=GQ@I;3ICCLIHBINC;B:?9G:G:?@GF>5DKB;E@<NE:B<EFEG7BPIE8HDBC=<CD<H<@AC;A=CF>DBAPQVDIFHH;AM>EC>DEMB9>;@AB@@WIAB>GJOH@HN@SM=YPACCN=<CK?CGINJDFRQNIKRFM?QDN:I;PBNAQNFACBLIEKIWKEPRNMRLIMWBRGMJYFEE8?NVTTO;?DG>C;A26BDAG=EINLFMLFH<3DDL@CIR>I=EPS@ENEOB:G>CLBF>NI:OE:<F@IF7ZJ6:EF@<99B7@O@F8K1NB@K:7M4Fa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`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f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wsf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cz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dBGARK?XLD8FIKPBM<D<FLKH9C7BAJHK4IMBSFF;IB?>OL7CEJBFJ8FFKLGKOB>DBCBJJCECO?KX1<AB;6D@H=>H<KOA7VIJLTIBCJD?;FBOAOLBA?MDM?EHNGIFNEF@Bc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iRJ>GFENDLDHIUBIQ2NIEGVDOGJD?D>AMIBR@@LF<I>EE0CUCK0FGBCPLQ]GNB9AI9FGNGLE=>MQW/>dDG:?CGB<@F>7AIB@0>IQI:<;K<=>7>>=;QH:4E=I>3LB1HJ?6<I>8AGC@?1<@A5=>@H>A<2AD-@D0DDD@@HA;>BBD9FGIC:4F21EB7OAI7C@q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bAG\>QGMY ¥‚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yGE7RRLRHMFUBLFVJLLGLHHKMRECD29<6/NAQED?DXHIGKFFELHHCI<HFN5JJIQRNDF@HLD@OKMG?F:NJ<<?JBCMBHHF8<E79JDCIGMFBJI@@E;MMLF<Hh{òÄn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eGVMYEQMHHTKAFIUJLDNMA>@8?=H4FEDU^MFNDQ>97EbGD=@@P[H>AFJNPQGP\BWMGF?<GAICIRIBMAE:HODUGUC2<>EFEIM=CRFO=HTCB2IGNRK\{²¼�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d˜¨j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`LEDROLKJd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`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`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eDCQ;>EF@FPICC;>DEZNNLMMME<>B0ID:HIHCDKGGHWDGCJLLPJD?=NN?HQA:JAP?@JPZKHGHX?KMDK1NL>FST6JNJH=;FGJMQC=?8KLQB=TMB>FC?I1?N>L?L:C=0IJ89KJEIJAEHD=RGJLNC??HWUJ?FXKOEAAO<FKWFOB7:HM:@9LK`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`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d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c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a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bLAK:CAMH=GCTI;IGHHVZXDFNF;fKF:GEIKSPGAGBGIC8IHNGGHD<K9ONE?CIBO]MI?EDG??FGLRX@CFJDD5OUFC@TMQSCCI@EAA>>C0C<DBPQNB7JCCIGMBM@>GD8@KH?QNP<?S@QRJFPQPJEGGH>8NLC?KEAJ>S9DI3BNF>K@JAHC^QR;9AI@>H<HAJBC@JPKG@:@GBTKK?9@FAC=L5<8NJF@D@QH;KO?@@3HSc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c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l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b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q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c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aHVKBNJLLaZRHCCAHNISPOPGFJGH@CGWOQHAEB@IK?=SCHIMUM:MKLHDAXI:CJOKUHDMFHRDCKIQLUHIQ:Q=9E@<A>>6E=J<;=8HI:>@3DLHFHGNVPGENVWNOA??ERIGHIMOOS?E;DLRQJH?BKLECM<=IC<FQGE:MDYFEI@BGBF<]PJGO@JF=GIKROCH<;LD>@ROAASNBOIC>>BB?@3<BEH7d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eC5BOKNMMAQHHWIGHUMICTLC<DDOPKDIMP>>f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dC5KTN?JADCA;>?D@FCDAEBPRC6ACPEKWPF7DLLSFEFEI>CO6=3D@?@:NOJ;@MTFF]NHS>KJ@DINIIFCFA@CCKNL>EJW?K?PKJM9H>9CAE?;HIE@DGM?CLBJ;K@CD@KEE9?IAE:LLHNFMDC=7@CB=39DCAFEIHFFEA>DIDID31=F?@CB?7D2>?HJ>@K==CO!<=D@D?I28D;G?A6C4>@AA@:<><?.@E>CC>G9?9>B3/<?<=BF?C@C?@=2>>6A.DCCK7C5A5CADPAFA;B=E<2:@8A@H.IC;CA2?=%53A3B;FDO>A.?%;<<FA=BLHBCGODG<C?5B:66HF<FBH9EBE4;D3;B=8B?,:+@FBE9>?@7;?>(:?:EEEBDF:A7OG=0E=D=G@<@?8A@@B@;=AC998@43I704=?H?C>>5@8@9@I9:B<A3@3?D>@BAB=B>@?3@D=G8:B@78@9CE;@>DCA8BE?AA@:C@:@HDA6>ACB:=42AF<E??5<D97A<B44AHE?;B<C=6@AA=2=>4EDE?992:=BHI;3:B;:B;9;?/>>=?C103B5@<?BB81J<G8.@@297:HH7@C<?>:7AB@6;,*0BGA@?7A1D3@@A>C<72;@<C;CBG6<C:HBB>@A96:9D>BB7><:@<H:9@8EA>E>8H@9A@>AI6BB71F4D<;69>@?>6@:C=<5849>B?>=9H8@=C@:<AB=;=>CA>8GAFA9?H;C9@*8FHA=*<@=3@DC@?@@?<;9;1AAD=C9@@-=@C5C><?6A=7?D<=@K;>CD<8FEB?D@B<9;:<9@6<<=HFAC?E<=<@>9@<AA9C?3:<CE>8DB9@20?J>D6AFA69DFH@?>D<9:@@EF=::GIF@==DA89<@CABD:KF<A7?LED<:AA=BE?1:B86@:?BBG@AAAF>@;<BC6A5@<?>8C6DD@B?@*CA@F<=7F=D=?9=;3;B6:7LACGGA?6C;BD<D?@8BC>GC@?@?BC=G?4>1BE<6G;;DAC=>@@JC=CBBC>@7D?BA?AEHBBC=E@4>E?FI;A?;=B9FB4C;BD5=>F8H:;B69>C6?DE<B;@CF;BAEAGCG<=>96GE@J,>89LH@>:F;CCD1J;G@BB@BACG>DNI9>B@7@DHG:><BD:A?@=A=D@EI:>CI<>KF:GBC>@?BFA@BFC@FCK7D>?CLFC>>D?G<E6A6I=??D9A:E<<@E:@?=;KDD?;E13?7F6D==<@G;<DE>/DGD8@DC;E2?EJJ@<@DC>98IBEC<=HC93EA@>DD9BDIH7D>NAK4HFC>8;HK2?A9K>EJ8EAJFGDC>CB>GH=?I<C6E<:;G8@KBE;:ABIBC<CAGIJEDDHD5H@PH?<EEODFE-AIE;62OEGEIKP8>JJB?NROIIH8FUHZGHBC=>DLUSRFFM<OGJBF=IOICF@LNAHGJCBCHMCBRR^JBSIPILOSBLRPMFM>IUeSO;MSZKPNJ@?FJHGGLO>GHJIIFDQHLO;GFFMLJNN8FDEHEEIGQXAJMFGF?=@7BBD=@D@GZBIT:NQEBFEb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g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h@KNUK>DF@F>DAa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{@AFO@PFNFA;JNVD@HOTC:SPJNLKPXSIGHN9>KACLGFFNF=QIISa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†�e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æÿÿ‚IFJBCCIKJNG=M?NGDLGO?BB?NJ7FJF?HBGF9GGJ@7;>>.7@;AC<:FHJGLHRECIVKOEFKPS7H85==JCEEGJ@SG;JL>DDI<CKECK:JCFBBMD;OAAMO>FPDQA=AF=9/??M@PRJHDBHHOSb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±ÿÿÿyH[N@:ACNEHJIVKCYSKNSDEKIJV?DJ:IBI>OPFs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‡ÿÿÿZFJHE;@<T@IGHE=J<@OBLFODQMVKOKJBED@YW>NMKF>:8@BB9>?8;?KJEHKQdKFPF@;BO>RGG`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`SNHHLQETAILMKOXš�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`IECH6IMCH9FDFGEEE=5BVELFJ6HFIA8CBF=ADFK?@OD@MNVI6D=PMJ7=<I?VNDFQ<KTFBIO0D8DLIENMPJCIQNIN/;J,:A?BJ=GJHL>G1;BFJVII?JB?BHGM?TDH?BBCMHB>OIAH?6F>B:<JDDDD7@AE@GP??LKN@,GCD@EBLLIFRL5DCCCm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`NCGCFU;JHBHKM@DVPOQXCFEILBIFPOO=IF=;84=D>CAE<IHF@QBOTPIICMAGA?LQ:=F2F7@<LFE/BIR=@IEBBWSYDI7H;<EBEC@CAWAH)O@DO@X=QCHRDJUH4DT5XC0EA?A@BCJJHA1J@@H>?KDDCGQE?>Kf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j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e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`FGMJNCDKP@FGHR9F6LFE8EHOR@dLCRKTRF;EA<<KJ@DNMEE@GXKOFRPSLMQTDKG9BD=:>@E5@7;<IKED?G?XDFEEDGJIMYb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b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aOQADEC?EVdYPHTCHC=DBM+KO?A@:;HGITJ:>OQO?B;N@CBKKF?INGAFM<LBJAJ=>==CJS?S?KOGRH\ODBM>GF?V8P8IEKND6FDMI>=BGEXD;RDNIG=I?M?LA8NPaFE@FDA@P]KE>CMGMAED0G3=;RA>VM=CDJQBLO@6EPHE=GSIS<MH5K=8R5>DIJDD@85HB1=N@3?/;BHCBAB?<@CB>?<<K7FDN@>1E;JDFIAB7;89K?*??6=6/797682@5B>:656D0;;:5B2K6D=C?>7HUAEDC>G<=>69?B??=L?C2.=C;DCCBC:>&I9C<:E5A@G@EEA@*E7>5;7G@HAAFK<CNG=C.@@CG9;2>=J@>;B>BKCDB7?F>N?>9:;<<?>F;;H?AD>>E;:7BF@;=;:HKGEA;@FGD>@?B9@ACC5BB<=D4EC=99?;>B;F>/@F8D6@GAB@:><5;/DE>BACB>9AM?2IC7A1B<@<GD<9=?=A594GAAC>:CF?AC3<:D?I;>GGD9;2>F3BE3C:4F>4@F8:E:=?@;==DEIB?<<5@@IC:5H?<?F?4<>;C;ACCLE6AB@;>B@;@EDK;=C=@I4DB=?A8>C4B>E5A=6C8=AB=<CD99B;D?9AA?=>3D5>E7$4>>EBC?B>A82EF7A@:FEB9<;?A:AI=49>EH?;A9=?8A@:BC9@>4=;A:>6>IEC>;AH-:CBC?2B<1@?@<:<<29/9;><4D@4;C32G9?9AFA83<=?=;>8>E889C</D84E=B>4>=B9?@>:BB0>B5=CF@<8;2C>?;2<>8BB39>68;=8>=3E@1C;<D=B0A;AE:D9<1:D47C=?7?A-?8::B9<?B>1G>=<FCD>N2;F:H>;<>6AD>@27;BBA=5>;6:C:>>;9>>6:B@;A>:?>8;;A??=3@@E@72:A1:@,=7=4?5>;B6?9@@:8E?@9?BB=A:<>=38F2;:ED9FCDA;@8>;?@?>9=8CE:B/@4A>C;GAB>C>7E=F;@?@=6CB=A9@HGAHFE;?FC?;@16<>A4>CA;A<<<=:K?2<?G?::DECI6>F4B@E?<;6<D@<9C76G:4@AB7=;7I@>@=B@7J@?BA;C<E=:C8->A<7DC@=>A7C=<9?:1>D;>=<;AC>5;.G?A<G/@5A@975:>C7@>7E@@G;6B:B8B94:I9D9:7>??D;5C3;95A>?68A<=>=7?<9G;<E;@<CB@J5=EB@J9B9I?:;B=:B?<CIB>;9A@==EAB8>::C=A??C;BGDA>E:9@:>7?7C==C@;@@DE?@B@=C;<=?>=?>,<@FDA8B>CF:>>EA@D=BBF2IC?<H?BE>>@?H:9:CC>0MF37=5?=JBF?C;>BB7>@>BD><BCKD@FCA2?EG2>=C>>A?A?:?=9B9EBEJ@@>HA?@H@MDABC?F@1IJB>:?CHI9C:AFJHH=C1?7CBAHHBBGGHJRK<P:>AGD=JGIB>AEE<B<?JDIECBN8BRFOK:FEMN<GA:F@IAMMDF>FRDOKKBD>IHAKDNOF?FFNLLIMKEL?WBREBDIJEj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b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m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mLM?4@<40S=DA?MQOPDGFRKDIFTPFQ=AGNS9AHBG>=>A?@HFJ1>MY;JASQAGBIKAH4DN>BFE=B\/R<=;DLGHF>;>CHFH7;JbSGH;D9;?DAE6KMQB:DL@J>DB@CNSHLC@>QHBFFRSR8DN>IAAJFMPJEEKOCMGH=KXJE?1LVMFG;:DOCHA<G<G=G7=4>-BEC>B@FFSKA9>=<FSJ=BE77>B:CAB5BM?6*B5CF<15F>E@??;E?@D;E-B=8D=5?=FC3=D@;C=FDB1CA?<<=<2=78>M2>A1C/K57@CAB3A@2JB>D5FC=D@CF4;;0G9;=4EJ>I=@?49CAA3;=<<=32;87?7AA0C?G5C9BCL;B65><;@>8/F?9GEC=@==BFC:?D=HC:9C>9/;@>@,6A@@:<E@7@;=<A:2HA@?;3=@?<?8B:;7D09C=C?<6B9=56>7E>=;0@<<;;>C>?0DD3A9<?7=CF<CCA:3KD?ED@9ABC9G>F@>@?J:>@87D=@<D??=9;<E;HECD?>4AE8@=E5;ABC@:B0@??E9B<29F;<9?A@@:=4;D@?CG8DLXQQBNF?D?>B59@;4<9@@18?>;>EDB&6;>BH4A.E<<=F7=@;C;3CA>>D@F19B5=;8=@:6;>6>?B:5;;>3@;8:C@>8<D;F;<6.=6D;:E@E6@;E;150B@E5D:H<C=?@B98A6ECA6>42=:=;9C=?1A>559A@:?@@L<?@>4;3<<88<97<>1C8?I?A3<@=?5:?A?74<A:?;5>48@?A?@;@6:@9?EA9D;;6=D=0=8:BB671/>=5<C?A<?ACA=?=;BA@:8<??D/DCBGHK>7?A,<<<==97C<6C:;@1F=BA@<A><D=1<GE=?E=?HCDBB=/9@/75?3=?;CBD>@+/F>17=>=A?;H748A2=2-@<ED9B3A@AGJ?2==C@5ABHB;=D7>?AA<A<?;F=>;>;H@=C@:=@A;F69/=@F@@<86DA8C@;EK@:@@A3:B1?BBFEB@>I<=@9:A9>?A@>=3:E>98;C>7<CGCAA7>A>BA?2>F?8A;DCB/F>7>A?79FC8>C9>=;FEAAE==7?J?<C>=?@3<<,;:A9<;B8B<D??FDA:BFEB?F>DAFB:<5O?@<<>>A9A<A>D#;58HC;F?A3@D@56@<F::C?CIA7B@@7>G4983D=?@D4<F;>HDB>05K>?G5=DB:E9CBH>B;@9:GDC?@;;;9:=?;;:>I?<C::A@$GE9@<A<@EE?9F?*7:>4@BEBBF5I<<3?4;<D63KJ?=>A4E=9C@4<2:=?>5?73F9?K6BG;I8?3@I?>H25D>CC8==CH4KG<FCD=BC@AE?I/=FK7JIHEF>C8CG=;B?DM@B?FFGAI;DHG?DBH=CCFBHJ?<?=DB<EE<FFBINH@ADF<C@E<@MEALDBEFFDD9=78@>KOACEK;=DCHEFL8I,QQNFB<-@FQHLKJJHSFC9?MHI=<J?5AGAFL=EJOJPNEPAFHM=?CI;OI:I\LBNLEOJLH>TEAMAC:9IGJO8A<HEBVDO>>FAQB;JKIF9@LLKILCG>JCIH@?BN9CEMHFQ>F/AI56GQOVH@CBA6=A>>@@AIEMS8JK?ASUHGOI@H5GWHDBN?IN\NGCEI<CHMIHL?<IPKT=JI]GTS@JCOAAEE2.H^OGILCAC;I>IGI<A=BKLAEACHNBDG<D?DBFM[NLRCOCBD:ISN:E<?LFBOJJCHE;AGEAHAG@;Ig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`C?7<HITC>E:R\A4>FBRDG8<FEFGGP:B;@/B@>B=ACJOCNIONBOQHTDI6E;BAHF9VeIHGJT<JDJJJAF<PMIHHIAGRGADOR3>DG=JJ?J>WS:JJJJSQOFKPEIUCBLU:HI6?QK??:G;?@@K@0M:N5EGCDLIDE=IIK@H8G@B2=@B<BHAERKHEAARG=EBCJBAGDEJ3DDFG?C@895DD;DC@=D;:>BIQ9F>BJACC=?AN<HB@F>9D8?=F?H4:)IC:I41LDFI:<DF=:HIn>?C@:L?<D@8<8=:HG?.<C@7>;EF7>76B5NBA:B?JF@<;8D;=@;I=H>B51?6@-5.M9CBDE923BA?7>@=<72D@8B:BE8?H@<<EK=<-6AJE6HDB8N?@?CDB8BE7;>A2CS=8EC?@;FBC87<>?;BE???,DB?D>>A@39@C9<3@F=CE,AAB<1?:AEAEB@??@8=@B@=H?F6:E?AC@C?B?C@B.@=7?=?=?8<<.GD@>;I0B>?B@E7FD?FB7DBF=90?CB==C:<8?DB@?AE;=?<0?AD(>;6>BND@>?0CMAA?@1=EFA??7E@B@9;AC>A@@?>;=57>@0B=9>F?DC?>@K@D=;6??A;:)?>ID;8=C<C+79:E>J<E=AA=DB?B@C2A>C@6?9>>;A=ADA>:#9?:?;8B+4=F?DA:D@8;D<=?0GEB57A?7:?@0?>@;D?@<3D<?77?=<DFE@D>>>6?1?F(B:A=7DE=??@C<?><=;<=@>C@A?5>;C3?@:A59CA@B5:?AC@B>DDE@C0>C>/2===B@ABBC5>;E3=F3C68:?8:45?BA5@B<<>:<@B9(:6::<<>C6>@@C88=@:-=A23?=>.=>6??=@BE>?;E@?>3A=<<,>E9?=7GE=6FE:89A4;?4FF4H8:/:9;C:<3?@B346;8:-;5A<A>@4@2=;;CD@=D@9@?A=@CB-B959:8??G@;@A4AA@CD=9DE5:=IG?@B=GEB@BBFE>@CAC<E:8>C<<AA?99A@7E=>?:DAD?:>>@AI28:AH/>@@B;77<9??9?39>??B?E:AB:=DDA7>C<BC5C67D?<>KA>=?=@0;:FC=?<;4;6?=.=ACA@?61;D0=A;7>A9C=IA1:-A?A2=>@9:.9<NA?8;BH94?;@0JCD8B?EAD9:/<@DB:B=:9<9>?E/E@>;3D49@G:A;A4?DG99@<CC03<9D<)><<:EF><A>7>CRF<8=;BAA<@D?C?D?>HD268G==AE8?DFF<9I?<C<=@CBCAEA</5CC??I;B?E:8BE=@D>C@GB;<<F.8?GCGE?AF@D>A9C=JI::E%E9.>@E>9>FF<?6>>;A5G:EDMEC989CEH35FD?K@7IDLJEHGF><?>A>?@L=D?=8BI@A>?@@<CC7HB=D>C8DAFEADG=MG=@BJE?I>MIHH:AD6?B;EID9B@DE=<FA<@@AVQ97B8DAD@U>9HQ@BRA<7EB=HEJG^]RIDDMFKN]:I:>HNJEQAI>M;TTVE=<DL>@98DTQLS9O@EQUKJH@SOHPRMIN;:IEA@<096NH_=E?H5ECN^L>Id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c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c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`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`K@IPCCRE?:LHNRODLKO>FHGBH4DJ>?IJBSIABEINN<>EEC8MPC<E>E@?KND6EACCSDJJFBAB>B@PN@B;:.I<BE8@INDM>{@QC@G3GBMIT=JN4<ON@>=@C>@E@GAFJ,@<@?;9E>@E:BD:H>?45I2BCEBR7>EKOC>CEJF?H>@9C=7F<@=K4B>H@B:97CC93<LBEAB>IB8<>H?DC>7AB0>:>;E=@BID,<9J6K0BADC=>9@=>AAC@C@?>HCA@?:FCC=93E??CD:<F7;DEB@DDA8@=@9A7;;?F:>4B7BCBCJ@C?I>AC<;<8=?HC1;@I5G<@AFEKG>:LK>A<A>BC>J4O6@BD?B@@=B=?7DD>==9A=F:DF:>B=E@@AF=FD:<@BJG2;=>MF1>5ED4L@2BAB;GD/9BCF<@A;G@ACAB:A8>'6??=3:B9A?1H>ABDD3<9;@@6DJ<A<>9CA>BHAE@;@@C@==<?9;AC=?@9A35<C??5A?FB?B;6B>5A@=@;9=E<=IF8>D7<?6(?>98=CBE?AG><=8:1A7;33A@;?D@@D9@@95:D=<<IAB>@>1:1:;?=<0A@<E?>>;?;>BC/EC?F2D8=A9E?;5>932:;B>7@:=F===?AB?C=?A=>?GD:77F>9CC<=A;2AC<BG8A<FD=B=?=;A<92=@=<@:BD>@88B3BBD?<0B9>1.7CFA>>@AECCE?>=F?DD.F>/5F<>9G2>19/90A;@=:?B:B=?EE9?8>4=J?:?D@4A=7.L=DAGB9B@;A?CF<8<9:=H>A?BCH;D.:7>76>8FI<@@:=A=?A=<;;;D4;72G3>B;;@B@=;=+56A4A@>;C436AB>CB>::;?9JC599@CDB;JEA6D/7F<2C<BB??856?@::HD@>F@<DA94C;:?A>DH=DC;8=AAD>DD9.>73<A6BADHBGGBG94=@B@?7C7GCA8F8DB:<<HDH<3G=KG;8;8CH6H=>>9E>CB:K8B9=@;HFC@DK<C<C:K@@;><BED7:B@??BC;?AF<:;D@C@7+<9DE8=>D8HIC6E;C9@1DBAB6@9?GJGC>GHMHL@@37>CH<>@>-?CA@CH3BA@:?=8AD<<G;E6GC=?B89<M48;>F9C>A@E>@;9?@A6DB5?:<GE?>A<@C@?>;5K:;>==C?=A>CD>?HA66A@8FAC<AFI<B>E@?:;FC?CAB2=K<>@@CAB<;B:HC>C>6?6>D>B@A1GE@A@8AJKDB5C:J/5H9?AHB=9D07989@?B;DDHFHDA;C8=>8A=;@<EIE578CAEDFF@DHB<=AH>?7>J:HCC=9@9>ELEB@LG@=D=?F?DIHBG3H4ETG:IFK:BLLFAFBECBI?IGGIE=EFGS@GFHH=H`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bJCGHK=4UJLJHHHF??A@MLIVKBCAKFCOA@=AIL9CVPF@TIKPBCL@=DGJ@B7IL@@KW>@PIB?IDPJK>?@D=EH>?D?I5=@D=?CC>@CC:DJEQK?=BJDAF??GOPEbT?CDA=HH>OPLAD;FAA@LCRQHIHODDNHOD<?DCF4SHAGJFD@J8>JS>EUSOIFAMRTDICGAEHm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a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bJE@>MBLHCK=DLEAJAAHTERLA@GCIEFJ?Ka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g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m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m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l@CVPDGASGCLJM@RFQFDK>PKNMKHMMEICC<=W?M7NIHEJA?ND@PcQEIDAAQL>9I<OR4DE>G@@M@>;);?8C4E;?;F8I6@9;F8?:?<7:@E=B6FDBC7@@>HJJBPF>IA6H>H?=AKO1A@LJAH;HID@P;@D=A@MMKHWFEAB:A@J9JdLCADD=?MSLCGJOKNFMIN?EH=E@J<KNMWNFQGMIHGILQL@LC4WL9FDJLFBA<UE?M;BAGPBG:=B;?F?CBF;DB@/DCDNOMB:H9ABLE@SK>C5A>HEG;HEB==;67B9ENAAA7=?CB@IC6=>3CC;ECAL4E;4*8=>@B=F4D?AA4A;2C:FD2ABDC;4<D@>BGDEG8H.C?H7NC;=<C>C<;LD2/;RQG@DBH:AFCDHG?AEBA<CC<FA>A976B<<ECC97AE>D:BAB=EG<BN>H=C72.<:G>3@:DABC?8;=@CF3FG>@HF:CB8;93A?KD7=>D=;ED5@3F;<5:>;<FC=@7@:E@C?DA=:49;:=@5:@M8EC<?@A7C08C9<:;6A;C>ABC=;:9@<D7@<HAE9G7A>C?>3G=????CE86E?A41DE=EG:9=<G<@>AJ67@2:3?D<?9;-FAHC>988E?7>BG0=>B><;A??@??<>@GACC7@<A8:84H>-;9:@9@>;9<:DKDBC5A<9?5AG8;8@:97;@3D;<:?D9=@>CGE;B2@6>@18B@?JB@CA<6;B?=;@5:A5=;:F=5-B>G1;8:IG*@DB?4:65=85<D8=?/34?A;G>;<C5:><=::D>E<A@A54<>8BF,9948=F9>;<=7:6?KB@HCB==<72CE@@7A;>@CA+:=F=36=A:5;AA7A>3B5B@:B79>64=B>B@B3C=;0;5>AA@8A=H:EBEAB=@=;;B;<B56=H:<>8>C79C>?;;>E8C;FABFD=1>?DG<@B;,69=>BEF>C>=5=D9E*?D9A-<5>B:=D,E@A@:GAA2?=9?:?A96B=BCC;EB<<B9A@BA*5>879=B(/I;C7@C=;@>?>8?6C7@=6F9G<4C9;<@D=E@@@LA@D:*;<E9BF2AG=.5A8E?:@C:G9<@@?B=BJD8,@>A=>G<B?@CE=B;/=CD<EB5A4@68?@B@2:BAB=:7/B6DF=?=B=9E>=D;7@7HABF?@CF=D27B;:LA?@;G;?=:A?DABH9FIHCDB6DA@A7>A?9AA=<?FABB9EB?>A<8:=4=?>B@8?9D>?;;:60BD;68>@D=DA8?@BFI(;D<DH=DBDIK7BEE<FB7@A>>@B?8?<>DCQD7@<@?AH@H??6AHI@4?>@AIE=3A>;<=<EBBB<H8?B=DE>@@HGFH:F@8CC=J5C2?H;B<C)@FNAGCBAEFECIDP=DE<C2DF=??BFL4EG<@>E@MP:>D9;BE>:HF4EC@=EHEH:C=BE??=DSMGGDG9AB:>CBCHGCIJHECBCCF>51:CFA@6>ADGEHJBFHCFLK=KFADKF?FG=BJGICPACLLE5F=G<E<;ANUUPSLMMM8AFC@H?A@;e@DHI@AS@@SKQICPFOKNAOPCFHBTNSXH=H[ALFKNAAAMHAGG@\UBSMIKLNDM?>=DGAL>EHI?DXUUHOEJLDEFWB5BFILWQOB@IT=E>?C6A@GAA?A,.9CAFC1=4?<GB@?BB?=@G9>AB>2F;HGD5DHCGAFAAG?JAHFAFERJHKJB]KJNEFGAH=FA<I8?GQF?@5IQBHCCQP@ITOLDJE=A`N@NSJG;M>GKJ@JF>C?FFWVBDF>IPG6XDFENTO+HVcCEO`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j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aNIDMAKMNEBABNG6?E>3JH?IF8HB9KPKGUGIAJOQ6@EMT=TCCEFF=IK?<G>?8:>>>CE?83<;B>EF;???=>97>8E;0?E;BCB;HHGIQ_AI8NF>NIIQ1E`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hAVAI@Ne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iAMDN@IOUPJMH?H8E?DD5HBKKEHLBCD?F?F?JMPG:JFI5HGKLLKL7I7=AFAU9?AG=62OZL8?@F7H?@<ANL::MKM<=:@@?II8CCKI;DCD>@F9>;CG;E@>EF8A;9D=CFIA;?G@HA6H@08E:?@FCAB=?DB:IGD3IDEA:?67EC;S>;:>=C@?L87=B0DDB@=<>AG;8EF>K=@4DB>;;>@<C?6<B4DC=B=AC<>,A>=<A8E>;@:B<ABHA@KDDL=BCBD4GD@@B3A><BEE<8<7BHG>@F?B>@A<>D4:>BCADBA?A5E;2?@8B?J9<<0F 8@6E4>9BA5>=@5JH;1AD:=>D>?;A9AE;A8@/D447?<E7EAKG=@@A9;?D-D;2EA?2J;7EL7@?8K=I*CB?A/>BB>FB2AC?;6D7A:AAC@A9@9==6>:<=@<GAAE34;@D18=FGB=;;<:6;?<D;=H=J<=EJ=;1A=A;@A>BEE?@:J7?FB:?I:@3=@;8>AB6?KAH40FA<=?<H>7+C<75<5@BD41C@@@CB9B;<B<C><8A4B4B@>987-==?I;>FDA3=9@(A@=@;B>171>AJ?CDF3A?3B@?8??/9@0<>2>BBH>A<@)=?@AA>78=*?=@F@DC?A>6=9<;6CACCBCF@E>@@=D2>:>/;>F<C;5<@J>:H==5@=AH*GEF9<DE2BD:2<B>E9C?@;8>A9>8?;D.:G9<E5=65:;A?@E2>=<D;?2AF9:4=8H95;=-5C@@GC:8>FAD;C</>=:8:@97>9@??=H,9?EB<D23CCA<=>;5.;A11=?9;E7>8<7C)77:99<@F:<C/>B@5DAEGD4A@5E8<G8=<8=@9I9;CCACLCED<7<G=GD=:;?@LC>>>@7A?B?;GI<@F<@??:G:E=C:A@>C;A;ED@8H5D8C>A>B=AB=<<KCA>B9DHBA<:EDFDA=A=:DA@B<;=6IAIA</9C><7?::9=::=4>B><E7CA?BCA;9AK??@9A@;8@>>>J3:C98@>F;C;;6A7E76F<;=F<FBDB?A5@FA>>E5F>@D;>B;@<@EC:;BHC9?4CD=@@>B<<;EG@2>47:G=6CB5;4HC:;7KA;@D7L.D=-534:4/D>;8FD=@>BF0:DF>AJ5<A>:D92C>D>D:D=?C8BFAG@@9=C<9;CD>==C>->A;4B==J14:??F<8/3<<@;B>4ALE@;G;<A4B;C<9;=CCA=GE=<CDA:H?:E0>;<=ARLGCG4;<G?M@?;B==@A=FI?G@E?>=JIUIGEMDBE==CB<K7EEHEB@>G95@A;ADLHKIM9>@ADF@D@>FB@KGDADAGAD>8BF>FFIIOJGEG6=DDGFCFFIG?FNB1APYS>H=NPQD<JCMIEAEPFEFNER9?IOFC>ELMABTE>D4BJ^OKAIKKLC?AKHD>KNGJOMLHJJCAdCIJAGGQVK<E:ZL>G<A<O>G95?:A>A?>:B9DC69;@=@HD?A:F@=;CBA@C9BCHB@:5MLRI;MDCM>OCMJ?HHHBGO_?FGO>CAGCFHKVB>VFC:>PABQNUMMOMNCEDLCHEQ6UCPCNHE=SKDKFE]JE<@QSTPEJ;A<IGLG9CGE9?6AHJ>8D5>F]FA7H?@@<@@GF>IF?SRXJEA>HM>><A@>CA@?E9?H>KH>GEA>J?3>I?DLC=EG=E;CFACBA7B@<CBB5H@B;E7;IB=A?CE@=<=D>8E5GF@5@B@J<@?AAB;?G>>:AH4I?ID=C>?<BB=9@?<GP:@?@:F<@@A89DC:=BI?D02D>JE8DF3KBG=CB?FBA<1-@??F>I>>G>;6?<;CJ@C?<?<3G9OD3;@8:H@ABJE<F<A?B<NJ87CC5ED;@D>@I3>><7??C3E6=ECHAD:A?2G:?CEF:H8<;>CGACDB8:FCIDA:D?B=4A3CQ?+=2EK1DA>;B;E?C>><AA;<9<B@J6GA;C?CEAAB=EC;9>@<B#HI6DBA@@?=B/G5A@>@=8;8:9B7=>0C39;@,9@H=8=<;B>B5@8=<2ABA;E?H;HB.:>:<A;A?/B=?C:AJ9-?C9?;C;2B?6:9?>?@5>I7D<HABF7;@<<D:@<*8A@I??@@D=5:?.53<?E@9A3><;?>808?>@>?<D=;A8DBD5AB1;@@3==9A;<,F>6C<.@<C>:;C;7G73>>*A6=:29>=;F>>@=8<<:F7E:3:D>7=8?B=A@BBFBE>@B=>A4>:>=>C?=@=;;89C=@84>BA=@>:94C7B99;=>>>A@:978E99>7,5G<8=C5<=:BI9=A8<;?@6BC;5G7?==>=@:9<C9>?C599;BB=<>48=>*8>577A?67/<B7?:BCHB5:D7?898@GC0C>=C=27F7@=:7:6<CD<<A8A?9;CN;C>7BB>GB@>8=;D,<;47=A9=<J9??D=5CCB:=@>=H5@86=@0@I@<8G@B?99>B1>E:1=7CA:2HC9AE;:F<9C=A<1;CF:=B=JBB?8A=5(?>?<EA?BELEC<F9AB@B=55D;1A=;>BA:AFC8/==9AAE>>987FB=;M@G>>;>A=@B?@A?GF6=4>5>>EBB8C=@;H:3><?:9DF=C><K86;BBHFC6BC<A=G2=49>=66:BA;@;;<>9;C<E>9;?<@;9>CF=>1CP8?B=7->B:C>8=BI2=76?9F<?@>5FC/?>?>>D2=;D>(@<>=;;D=8:=>4??K7??9?B4E8/?:A5G6??2:;HBA;;?7?=>C@;39<?G;D8BFCA;MA<C@<;:.8AEAJC<G/:I6B$<?@G=QB<C>5:I3D?=F:;B.>=JAD@=KDA2;O:?=F@=@CNFC?>B2AE:5AEHEHEF?AEC6?KAF=HC<>@@GB?:@AH9A>AJ=GILHI:FN67BB9?5JCB:HMKHCC5BJ>GGI>LDAPEH5DM<CCFCGIGQTMQL5EII>HA7@2AAFIKKGM8J;BC>HBE?=EKNcH>;IBH4HRO7KGNHLIEAMKE_V]MDHAPAAGM5PVBN>F=MM<XDEO>AI4FTHJB>HH9ND@7GK7@=@:M6>=?C96BFE@?9A>KCCBF@<N35EN=<<BBAELNRXFCSMFGMQDFVXBQI=ED7F<AA@?ISA:C7FLHHK>IHDE?RJGD:GHDf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b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r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rNDE_QB@EFF?MQEU3kCP99M9EGC@FIPSI@ILN?FEDGHK;FNF<9OOGQGCEOLHI9<TP<LUCI<CPHMHTIHLNLPVGBC?G;PFJLRWBHMO@LIF1G=9ECA@>@KG7BGBAEGELDDLPJEN9<@JHGM>>CODCG=C:FB<9HDEGC9D?KHD;BAL;G@?@G@5MD6EHG:4==C;BCA=?O;67CG?G6>EA6GK3><,;D>5@DDTB@JC@FF56>CDB7:?@??>BCC5D66D;B>9D=4;EJC=A=.>E9D;=FG>5@EC39AB:<A?B=H6:BBM4J;BD<=?8C49B-??3<;6;<I@A8<?<@HJ?;:A>>,BB<G@2DI@?E?9D=CBC<=B;DCD3@:DBBA88:AFACG7?H=:AI?9KHHDA?8@F=;1=CB?A?F;EC=J<77<5C?7@C@4C>:=>KC>E>@E>@?<D669>F5HA4A>?7CBD=HD6>E7FCC9@@C9<B=2=A8@BA;<E>=/B1@:@:<@D;H</<C?>2=:=K9ADAA?>@8E;E;ALL?8C;>=;A<1?D@AC;B?AJ66=?A>8C<>=E4<A>EB9;?:=3+>7>EE5C@:B>H=8DEF4<@5BBC8A2BD;?B:FA@:G>5>?;=E:=?9:??46<ADF<EA@>?@J8;>>?@@5+A;>?AAAA:<@A??@BC3>E@9=@>@H:@;@G@>DCC??/C@@D7CBA?IA>:E9<J7@A9:CH=D>>E2>C:?=7>><?4899;?AD<?D67F<@65;AC=A?A?<;715CBBE674=;ACBEB@7FAD:E>CC::6B>>C><<CE@8?<EEBE;=><B;?.<B;=;@HB=?0=E=?6=?=C6=C@>C?B<<<?EB6=<A:D;8@0<?;9<A;8DC;<@@@>>E@<<545D8<?;F:?;>CFC=CE=;?;=??;EC@A9A;AC=G7DECDF><EA;>A@BAA6=>?>=G;;<@>@-AE5A:><;BD@@:;9E4:BC;@@BAC>6AIEB>E@>A6D@?B49BD=5CC:CBD8@;>9+I:@F?6969E;E;=<>A=B:>>JE29<A<7D458A?CDD>;*BJ9<:E<<=<D;ADD?FKCA:F?0;DHA<A7>=BC7>8/:B<C;8?=C9=C8B4B;;:4F=;9C<?;AA5E:9AABD>RD>A=?BA9;6>I>BE>7@<D<@BAD<4E5;EAJE><=6J-6=BC??>@1<>D<?66@:E<;H>@D=CA8<:AH>DDA5D/KMC@ABG==?D=FD?@@6DC@JG9AJ==DEA;<?>KDGDIC?C3=BB:<FB;?;8B9EIDD<9BC:EBJ?CCCF=CEA9GG?IBA=@FIIHJ=;LBFAB>AGF8JQE@L>G=G@ECBI>DB?8@JFD;FJGG0HEAGEF=ACIE:OBGHB>;CBN3@D>KHCH@ABJNKHE5FDEG?NODBCREEFBARF;PKJHKWOUTWHMK?MNH@IQP@S=QEEHIHJQ@IKGN>LJLD@PC@AVNL<E?NJMJIK=IPJBNCGLOB9CEIVDJMRQGE7>A9?C@KUL@>SVJI1BFC@<;<>C:?7=DAF=>;@CC/@G;@FEN?NHR:KVQ5@MJ@AF:IC=GCRCDJOLGALE@EI?J;CF<CBF@<VPEFFNAEJC8R7UBF:NBA;?E>RNb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b<G>HHCC?BHFAB@?LC=RVNRYJDNVJ>DDK:Y>MFSINDFOA9EBGGQCHNBYUIDIDDCAMKN:D4@I?CFNFBH<A@FNEZF@J3HHC:DAIE3@:MDHJFEI1;0=FF5GBEJAHQDGIA@:BPMHABJILD;FG9C?:KB;E;LD:D6VDH><?NFL>H?A<:64B=AC<D2>?+FDAFDH@HA:HCD?HAIGBJB=G>=?8@=C@D@?C7=GCACL>D:<AH;EB=;C<>G8GEE9BD95@G5<><M@?5I@BH=EJB4CDDHDCE?57D7IDF9AF>>AFF6DC06=@BBGA6FDD9C68?FHLBC:N@BCF7?3=79G@;I9?52D:954<6>?E<D@7D<6+8,;>D6DI:@0C?>E=8CI9C;A?H?O,6=A?D99>A5@G2@83?6AH3@;/?BA:>ADF3KH>D>0B:9D:9A>F<E1ECB?3.4B4;E>CB/CE58>H?3ED:G;=8>9IE.G?=7<:I@C<2NI;?;A<@F:A0=8118F:I>C-C=C@C6CBH>BA>@D8=.=E8?AFBHA8<F?6L8>>?AA3<=@>=>@49C@@>8>?@8A>>A<589::=:BEA>?5;8HDGA4BAD@HF96@>BF7C@KCADCFC=D9/>==DBE>GG89843B96?:8DLA=@EAAC:?FE=AAD<5:3>A</BAB>6AD><EH>@BBC>H45<J?@?=A<?D5=6@=>;@6@DD;???:==/;<:CC;><;4>6?=H<>>=77;??:*9+><<;:9@C@<8D9B7F=4DD;6<=D<B;BG:?FF@;=>/;6?@?EC:<HBA>>?B>E=K?F77;@F;C639=C>>?4;=?JM6=0B1?:AECC<D2??>>>??4BB8JD>9C?B;DB@>F?A?;ED=C?:CBBEF4=@@@7J?>D@DCCG4DE?BIA?;;B5C?DCBN>>@>A9KPDC?:=@;=?=9A8CB9FEA?I;:77CBAG1@ICFAD?@>?=GH;BLA=?F>DG5>B4>?5>>AEBG<>=8J9A/<3@7@C@?L>EB.DE><@H@>><@8F?C@FCA>A@9G3:;DAC<BJ?9A8@CCC<8;D>649;C29A768C6EBAF><<8>><;/?AA;A:DCB<>I=>4<=@GBB@7@:;?E>D@B=0D5;<GA=?/?:D@EDO@>9<A@>;:@AID@88JDB8=<=55:9>?AE@A>D>=?FAOCFDD>DB<;CD><5:?D5A:GBDA>>>C==3E;:>BIFA>;CC?-E8;DD<@?ADJE:9?A8J?BC7DGF==BAL4<KE?@@AGBGGH==;B?IKDH?BEMOJAHFNK?@HFG?CF?ILE@AFDEEAMCL<A>AF>DD@DD;EA3DB?EBHEEQ@>DH?M;HFKQ5HF5<LYIANIM@KHQI@F?LKCDBG>B?>3H7<ICFCEGG@FFKPGCMBLE<NU8TRKFQ:K@HDMKNGOIM7O?DUM\S@GD??IEC\GKSICAJGGJPLHMHH?MJQ@HHHE@JNIDLGPKJ?C?CHNPT;=7@LSDYMF>K@7JQJH?JFJB;>@N<@@ICA?@<?ESAGFE>C1RMEJMXFA@HGMC<TB9EJd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bT@GI@AFJ5E:FHDG7HB>>NECSM<NHA9=RD29FFEQD<>IIE=DCI>7:G@>?H9AC>@BCP1:>=LG<ICFC1GDLH>>@BDF;FH>:B<73<;IBHBLD0CK=?@E;EA6DC?CJ?>@>AME>E?5<?<;@<<<GE83E?;E:>E=CAB>E<L1=?9C6IE@@0P;7=CJJ98EA-;7A?6>3/%8B:<6AF8?1;C@=C@Oc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bMN:;9ME>HCRLQE;?KEkMHISMCKHL<LI;@JBFD>>>B@I>NB@D?RYB;F:QB>FCCRKCPCGO8KGGHKOM<B@MT9EMEIJCFC>HIWP/B7DI?GQDIEI;@DDEH=FJHXUQ@MLTENLBHGUCFXZK=QP5IrGAJ8>>MBFRFOO<AFIGOYGEK59EGJDOEGLEJ5UEAWOF9G:BEG1DOBP@P<5A<JF<;7?BB@*FC?6<CK?:A:<BH:1A@HDJELEAFKB8<C;QG:KAEF<G>KII?F>DGE>/OHB8?39??4D>8;L==;G6>DHA;?A>KB<D=HA<C55FAB==OI/859@9/NCBB=PG?7@ILB7=>F4BE7I>4<A6>DE8?17C:L>>>F@LD;BS[{`i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–ÉÝäåx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r�ãÿÿÿÿ�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bN<9PGBBBEH6KQHRL>EITeDKPDBMD>?HFG@ADG/LB<?QLIFA<?@G:H5DL?B<HQ?JOIBGAPQ@<CBQ@T?FMDA:AG92KL?DCBC>8KJ<EPAVO:M@A@?UD5JFHL8MANGD@G=A@RQVSC@IU;>GMFKVO@DVWK:TFXGM;COSGGPY@MCK=RGKIKD=?I<IOJLUC>CL@OGTRLD;ICC7GC>=KFGHDE>CHEC8FO?1<JTE;dLRM?FHCGMFEGN@D@D7N=ECFCBCA:ECMTKCDGH<FB6EBACD@?GF>FDHQAD?KAC<C?BGA3<H=77>@CEGU)F?<A,5CBDDAKF@>2=BHHCEF=?8J<>FG>;=GA>@HMHS@>E7C<7A>E@>A?+BA?7=56HH6EAAB?2@G;2C>E>F<E06F?7C3:/=C2?AB>IC>8:=GD;L@<CECc†µñÿÿÿÿÕ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`KG=8ER5K;JAGAFEM>OE=;AEDH8F@JL7EDH9A9UNJ9GM<DPKDF4SJPG[MEMEEDCTG[WCHGHBEQIBLIOIE=;B:@ZR9BF>3FXBPC@A<GJLCE;JM?H>DBKJECQH[F??SZGIE6aK>79D@MJNHSIB@SKQO5EL@;5IHAFAHOFJDMGC@FNKRHSMALDE:@IFTIAL8DF@KC;CDBEMI9ALB=<?M?EBEAYE3AO==>OLH@HCBJD<LM06IC:GIBIHG:7JGEE;AB::AKH>>FHB?L?E:G?==6@:@CB>62+E<LO4CDOBIIIG<6AGN<GEFDGFCF0DA<BIKHOB8;CC<B@FA?J1B@O6F552CACCBF@7:D:B=?E@AADB<?:@?A9G;?0/DJH1G;>>>?<C9GFCD@B=J:DB5E@7I<HX¯Áçÿÿÿïw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bLC8R<^HFCKEKF?9?=@NCBNFMMSPGE@H=NDFPY<ARB?>PHTM@9IBDHMNIYY@BJG:KJMLGFEODCSD>:GDMGEJ4N7IAJ=OUIOTVJ7ELIWJ@BEJSK;ADBIDCQA?IEDKQAUQXFC:E?3A@NMLI0B?;EHPLBELLHSBCN@NDPMMID@R7FFB8BFM4K<H?dMMFB@>GN8@C=IPGJQN8<CAJLQPGPLEDM=LR7H5UUB8CTTBF?DA?J=8?B9AN?EGH?HED7>B:>HC=:I>4AK@:D;JG@C:J>=AA;E=?P:ADDE>;>EBK@=OD<.B?K;>5>6<FCF;CDB9CE0ECND=IHC=@D;@=;=>BQEB>@G:;A2M2<@=@2?F2?CAE?C8EC2AD2?@?CE??F@JG?48@<@CE4@B5?M>5>9DI5>C?@>@HQ�ÇìïÇžy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qAL93C,CQ@CK9C>GJ?D;\6JAAJQ:;PI@BJ;DP@:UHO?J<@B;LJCQEI:::GQ>79G>O@<O:TC=?TAB@FJEDFSJJJQA;G@>AJU>A8W7E=AKB-;<CL/G2DMHK@LDJYMA9FFEXE9;BgOIIEDLGEGA<GI7BHBPMHFI>>EGO>HBTFF6AJPG:MLOGDE9KK<AGQRMHEZCDG;HKAQNFDA?<UC?CBICF<<:>H?A;CCCFD?B@=EHCKIEGK9:GKT6?D@>?FI8IQ=ACRGA960<B?J@7;;A<CE+7GAF;A:5B=@@1%86LHDB=CB=>5>D@C-DLBI?K:DHCF<CD=<24KBED2A87=A2;K8>=>AAI?;:C4695DBHG=:C<B;EC0>IK>J@B=B=@D6;HJHhƒ”t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a`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`PGCTHE<IDRE=9P>:DMDNSDHHBBMAX<M=D<KM??LIERAM<A@QNB?3L<PE;ARO8L=AA=KFF=>I9SA:@C:GU><@<J<<MIGDGLDD@DH=8CGD4A?C-;<<E><?GC>CBEE;IH;?3>IDB@F8FCB@D7<JDABC9?C<CCAG<=?<>IE;G2;CB=C:?<E>B?59CKAHO<<5A<<9CDDAA?)C=J=AF?::9=4>:C1E5<C>A;:6@=3:6>=E:>:6EA5@f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c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b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dQVBO7;::AH[NI=F=E:HIB<AC0L>;C=OJ9:5A=GMF=FFB>ECABLD==JFK68D<>C2<EG@?>7FE4S<8@BDC?0JMB@9L=DF52IE>?C=??A>C>HG<8FBC<B<ADJ09B;IC>;D2C@@=:9K>@H<:E.D3@-<3A=C8<D;D+?B>;?FN@JIJD;?283C1:=CC5A<HCB:;<B8=8??B8=3B4C@>>=@@A@A8<><:CG@.=9ECD@F7@=:A87CBD<>46>BBG<AFBJF;>&<>@7;>>;E8A@?ABE8A@C3HC=8:=A046A826<=;@?=:>>:D9E<?@9<EB<==8>;9;A5=:MB35<?=@EE;89<?D;:>0;CFB@4>8>=6ABAB?=1C<=AA78:851?=9A9<ECA99<>0?@:BAB@@45A;-3?BK@MC=;B>=?9?=<854G:8=?IDGD:=:A@=9?89-7G;92<=>C@@8DA>9B64E<A-*D@=@B@AD?I-B;@7<3>;:ED9>@@9=<?E@J?C0A?>ECC31F9:BE4F89?;;EJ<?B@:<8?>B;=:A<C>;5<AB<>C5AB1<1;F<CDC9<B<9?:4<@=B9C?2:8<79?>EA?<9C0>B?:A>B>=2FD:<EI8509D<>>4=?95;=A;0=<FG<A;/:@4:;>B9A>8CBA1<>>:C>?>>/5@@A>5:?:,7<A?CD5D@=C?I=?3D>9F6B53B=EA4@>/2=-8=0@>>54=;?769?:DC;G9>;@9==A/9<9D@>/>=9A:@;7>EBI<A@:>?;=8@?F7;?=HE>6>C:A>6>79=A5>E.?C:=AA@8A>=;8786>-/>;@0?53E:CADC<><?>@5>?<KFG9=C8<A<@>BG>4;C8A::E83>@?<F:BC>;?=68?:<?.3==C6CAB</D;E=8;6A-A?5H?;E2>B?8A,6AEA5?G?A8E77G;GC<?@<??:<C==>>+H8@B<?;E:@?=FA4+<F9BC>;83K4G>=A9@3?:>F;ABF>'CF?@@5:6;==AB=D=?@C@@;3=8I?B:C?>3EBB2C=BA;9.;FBH?A;?=A?;1=5=I=;6?83@;E=:I7@?<J@==:A=9DF;B:@DB@CHA0;99=AE4D@BA@=BBC<?<*<-<@=B9AI?G>BA><GA>A@<ED?>@791G>:>9::G;C@/84;>B;0<F56@<@?@MBI13AABC8B8;5CC=2CI=3;@15D=@;B51=HIHE@=ECMRGF;4DB@@CKD>EMG@@AC8=<FB9EEAAJCG=@DH?<B=@>E>@A<I>:L5KJD<@>B=E:KIA@D?4CGBE>FCCGHEA??FEIC?K>G=M9A=CFGK<ABB=ICFI>;DB9J?JECNJBKEB<7?;B:JBPGGH9<KDJUFKH?IFA_SM>9CEP?EFDFGWRCBFLD<:QJISD9Q8EVIIHLNL]e=@AHUIKCNLEVLJMNMAKRFBSH<YPDF@LDPD?ELFFK@FNK?CJ>AB?D`GE@CIJD8G>3==NN>5c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`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e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gNNID>JFBIAHLEBK[KBJ5KFJQQGKAMBRLL^?MAKQ>;=SF>MG@CNR;ECJ2PEELEA>COFAGHEEICDHDMQHIN@PD<KDA?FC=MK5KRBGOCCB:8SOAED=CLP@:MCT<T?LBKDH=IFE+<BOPLSFLBPJDDN?POB>=CICG@6IHL`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a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`[{C9JRLJB5@>@<DK@PBBGJFFEB4CNN<EHK@JGIDHJHM5ABDNLJE>OJJJ@?G@8D@==EDIKB;XIHM4);79IFKH@BFJFG@?O9EN>=??E@>?=*8AF==C@MH49<@M=G@EC>-=G8BCEMHBM9GFA6CAI=3<<4C>;?::2>+77BF;84>>?>=?33BLCD:8A?D>;B<>FF7F9@9@(3?D:J9C??=??<<E:NDN?7?9&B39-><@B:?/8AD<A3>9A8G?,=A:=F15,6@<<GGK-BA1=AE@A>J?->2>?D==:<>H.5>A=?;>@/9:=@?8E2CC@A>B4>@H+9@1==7=FD;<CD94ED:E27>16>EDCD4A7D<4A89?B5;DC?:C>,;C=?96B;=@,<D2<0@BD>?35A@>;A<FC5;G5;DAFF32<8B6>7BD7E76A ;<=?5B><9C:;1B;?6>/@J;70;3DD884<F@DE@=<385A>>@><C*8>?05FCAB+4C:74<+2?<6A===5:<<;B5-?5A;@AB?B=24;8>?<6BG</?650A=B>@>C:975??B:=AA>9C@E6=7B9AA::9EB:?5<7@<D9@BBI<D0<;>B979FB<,B916?A<;71>A)B<<19D517?AAEBDB66ID<0=>6H=@/A91B6B>?49<??:5@;?FC4;56FC=@544;(@E>CDED9;?4<8E>B;>=6:@9>970>?9B:,73;*?:D>9<I===9@@C@:><0B7<<<5D?@C?.:3B@EA;F83A9@:7;:5?6D6<A5A@=67>%B?2AB?89=H;8G9B?GB;=HC56554==35>=@85A@?H;:=4?>C5?>5<1:@;=:;:D>?6@2@8;D?74=A@KF@=4AA8-@ACA>=BC:7A8B<>BC=98D>>9A8<68=FAB=GE:D?>H8G97DB;E@E>CC44<@6N@?D>7?E;>7?<A=?B?+ID<B2@E6@;==J@8C.;=;=;E9><E=@B@<=86CE9E?.9A@?>B8:@5J<@C?>8==.?C<99?3PG=59@B>9G2=;=@>A?F9<6::@A6<@>=?39?8;9B4B/<E'E>5B<>6><74>>5@<><677BA>?=?<AA6>0=@L:?40>9<?;:?D?<C(1B=6<H9@A>3L>GD@BE@@7FD=CA?B:?BF>A>?G7?A:G?D6DD<C=92BDAB@C>:=3<2B@;IF67>O?B<.F?>CD?)<A>JD5=86A:=F0:5?A<B9><=7K>@G=OH;@<BKDCJD7;A=C=;E<6F?F;?=CD;FI>D1CBF7C=UF?E@O3;69HF<A:CJ9GE?F>KG@D;CC>AC?I<<==A@F@?@?ACBDCEMICGBHHDDMIF9IE@5=JDAHHQMAJCB<KGA=?D>BDJK@9KC@D:2DAFFE;AENZHRCAFDGG2AJMUF>LKGZO7HU>IN>AHG4BMIVBPPNBIIF84c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`WEI@>HL?HKHAMYL;834F94TJ>AAGGHFI:JCRVKHa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b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rJI?KCSJF>AJZKQ7EKJ>??B1SMVA==C9IZT:CFBPPHFBYG:IF?9IPQF6JKFUVNC5?ZLALG1:A:DNCJ?I>=EM>KJ<F;AHGK>E??NECC8BDKLF83DBLDPH@FIE2C<FEQBIOW>CDB8?R5EIQGCJDFV<>FAI8:JI<9J>IHDDDD:BNDEAK[L@:AM.JILC3?O`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f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d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e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bGDGMJKSG9DZLIQTHEXDQSMHUAGGJM1BLHC<KH>T>HI>Mg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`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u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d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q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aL7QOLHDNR4:C<?@TIRDCKAJLACOK8CAVIKEDMKCIEC3EEIH?N=JB@E@PI@D@NE3FE=>FBC@GNF3=M>GKCHM<AB?7E?BI?B?4JAbGDDEWSEPLLUGB@BELRGJ;ODE3?D;9C9JFJQ[DDDJHAb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b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`LMHEJMSJB:KE;GGEJT:ICADKJ5?G8KEHXDMQFMGp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q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iCHWLELHDOEP[CIDAPF7BIPRLKR7DMGRVNKBE=EJH>SFD?IC=@ONHVC4FABJAI?GWMG=ILISIGHAHCHPCGI`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fIPTJLFIJM>D@2BKEIEKYLF9@BA==BILF?A>@RB>EDIEI=K<OJMC^NKCCBFMFVI?NGLCGMBA@EMHKABNFE,C@Z5NGLDO>IJTKGR?;FLO>HFKGLS;GKABB>?38KH5HACVDGFEF@ABGE8AHfJ:5IHA9H=J@>?BIBHBPP=JCNND=TNH>.H94?5IF>C@>G?E?FEB?;3@A>?LPJF:=EJG@FI:9F>F<5A=?@EC=<>I>?:G=>BB=:92=1E?ADEDF<;B=B?B7:5C1?;>DA??=<@?7>;<:B=:2A@5GDB=*IJH@?AA7DB>?17AA@A3@=A9A4MB;@5@@68)K57AG@66:77@@/:6>D?@?>@89=9)8<68G;1<.)F?G8;<DBEG7C5J38?;A;:;>C<OG=308D6CB>:7D44C20<BA7?@@/HB@>$C67;@4/C8EDDG<6:F>C?41;<A6@?649:92:ADB5=A:>=;>=AB/?=<4>>CG;7@27EK1?6=?@>FD@=A<I=:576<6:F??<F?C?@'>=@F7/99K=)A@G:8<ACD=:?@;>A;?6;;D4?8D7?>8=?E9A5@<>CG&2@?>8B<GA<382=@:@==><7::4;F@??>:<><;<C?:5>8>?9=::0:<=<<:6G?@J<:@=E@?6;*:D;F@<@=D35E3E>>::5I.6C99?@>:7:::A:<2/@;>?:=<=BEL:<=B<>>:57A<7A;:<DC?2C=7-EA;<C49@<13A*??AE8E-:;9HA@?1@6@>>4?6=@A=6@A:=DD89D4G@@A3;?=86C719?9<>?D?DEFBCBB@DCAA@:/A?GDEF;G=>==G=A9=B;:=@G;BC<??41A@BD@>:=>4H:E@>=?63<BC>@9I5;=D@D>@7E<<FC?A?>G=?:7FGA9?;H<I93;?<@@AC;:D>BB=H,DF<F>AL@8:>;AA@::<=99B/@6:6A?;F9F:=AF>GB=F=@4B?DH8>:@<1BF9@A@DC><;H:=A@A;5B1>?AHDL-@@C;?H?1;;AF869@;F;?5=@A>ADE;38CAD?I@=DADC@<C=<9?E<=@<F@E?67:FC=?=6?FCA<?H=-CE>@@/D?B?;9?>B<4<?>C?5@E<?CAD;A7=8E<?7E@D=?:A@?A2?:6??=92.F;@G?,36C>K4?B@;8=D?J@)HH;?C;>DEB9CEDJ?72C;:3:DC:A5@EDC:?A7?=?A=67;?>>?E;2BB5I;=A9D6D;E><E?26DBAL;EDEMIA7IE@;???=GB=E;NBA;;@D;FE9?EC;>GKFCAF=EF8CBA>B;=DH><AA:9CI>J?2ADC;C=B=;@>FK=CBJ;8@1:@;;F65CCEFCDBA@G8?KAA?A@?A>CC9=BFA2776BCL:IFKDFDCEDEGE;@;C@LB?GFKJE===8CA@>@BI;C?CHGJ7IIJK<<IHH2B@IH=?D@DVD<FDC7JN<NIF7HECEOFIGABCVRD<EGI:@>IOL@HCZEENGDA=K9EGDBMF<HGMNCWJYH?EJJVM7I:PN<HDUM@GEFB?DCK<JDQSKD=EFUEIONK>@IGHDPR=@HBH?G?HL6=OLOCAELKM9;DHOE8JDHDKNI=HDCE]KA?XIEDBJIELACIICQXRTFRLBFHMP\D<IDD\:LANOHDL?E5DDD8EJYOELNIPHKNB?@BHCOEFBEEKDH,C@C@9CG?<<CDK6>BOMCF@FIOCA=H@EN=HBI<ASG?EJ@C;<G>A:@<A?C->EE><7:DAEF=?>6>CM?B1>:H@?7GQ5;>JBE;EAD64BII??HA<A=B@F9F;><E4JQC3;I@?A<@BJF>@:DI0?13A:<>A?E??@<?B4:=9H@<EBB9/AB>IJ9:?=;E1>7.@8<'C@D<D6B@C<6@OBA8C3?<B>:.@A;>?C2@<A>J79--D=4::DD9/B<45F8<5;D?HAD<=C:@6;:FH<D'@J<;;?C=C@CG9BB3<;B61D>?=CEAA>E14A?CAB>J?;A?=.F<<K91AD6:L<2A<9B<@93@<D52D<?5?:AG2?@=BA<;/?>B@A5C@F5<=@<?7=A37I<?GB37C43@?CE?I>6?2BDEBBA:C@8<:AE3AB?=589:C8:*D/<?B<A<=1317CBE;C4G;=:5<;C1AD;8;@>C<@?>>9;@A;7D4C9::<>85>;9:>=>;A=;84F>;>@E:5F85H@7:>5/69AA>=FF<.:<D;7>&AA34?I<D8?9A<0=9BA@4@<96A=;;A6C4A5L>>BGD64975CB+<>==B=A?A:E@B=B<;@@A:?=:J<AB>:6*0;:==@65D<B@@8D?AFDI=E6:EA49A=,83EF5@,<9?A5@B0=<B><=4=?AD;7@CBB@>D?HD>@5<A;D=0ICB=E>AFB?=8G9/:HEBC7@C9<@E?BHAG>@C?;CBA:B8I@DCE>=B?@A8E9I?;E:9EAA:A9>8'G>98CA;B>8<9C1>=;1>=<D;@?>;C23D38?;>9:9?@@41C<>6DG2BH<<>?=AA>2M8DC@9@FA?GC>AJ9@BK77=BJ><>6CG998=<@FAB<ABC@D?7=A9>A<D>J0BDBDDD=<E=?E?=@JC8@@?368G8E@EGB=G?EC=CCH?=;C/@:8@@B:E3BD:?CB<>?D;=A5>69BAC6@953A7):HCC:FBB??=<9=8=:@<59:E@@2>6?2:=C>68E;9BCA@10A=2<C97;@8@@B=898HHA@A=;;9>B5>;3A=@5E@:D?<7A@BB?D;:C:<?;A4G<C7G5DBB=D995B@,4><8H:A@;C@EKI7/H>AA3BA>HA-F3?==@BCCA6=.?LFM7I4>5BH;8CEI@DA<H?E:8;@@=BQ=B=;?9I>=CFBF@:G?BACD9@I@GD;*E:D9?:AGECC@??4BB8;<>ADF;>6C:IBB4>B@:8>7?A/<5@GEM9BA4ER<?JC=KB>G:ELDDCDKD?AGDAEGD9FHBB>G8@;<;CA9MEJG>FB8/@NAJUGF9CEJIM@7GQLXL<IKGM<9CAFFB=ECEKE8MKID9>M>3NDCGPF?EEF:NJKIEM<DKZJ<:RCDOGCA8EFFIHLBFB=;?JH>L=HCFFCK9K2FL>DGRPBQFELTH=VO7<CE6FSEHA<A@AOGM=I9JS;BHK?CITIDBEB9JDCML;9UBHE:=IZEHHD@;?DKLD@8GGBBLA@ASB7LRNPIIAFCJLKKODCPADMBC>KK;I9B4IKULA@7UJB??DHH<KLSg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d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q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…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d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g6;6D5RGA7CKHBB9==<=FA0B6@<C>COGBB9?82:L<A>BEJFF9@PDB?@H>CK<?J;CJ:DFH?PBC9L;1A;E=?D>GBJL:D?F;DMGPQHHCI5GC?KHFLS=E=OMSEKEJICBLGLAO6J<IF>JNHGEEHEADMMRC:>QLQBLPZTT<;;C9MSGE:@GN@LHME>BBRMAHCK8?2=DGGKQJ;GGDB9GCFFN@GBN4OACHQP>PIE;:C<H@=OS>FAPGSKGN9?MJC9A<EB5>AILDEEEEBG2=>E>?JC2HISD:;1E2GID>OM08C9IHLCB@AKFC3OJ9DQ:7G0GD;D?0D9IJFAGIFCA?S@B<9;B6C2:CFB;G>@C?;8C6>FD;?G:2;D>>?AC=C@A6BA;>9?E:A@=?9CGEF5=;5E>=?CDAB@D56K;5=>B24B>GA6:;?@9@9BA?G8?4H<>93CFA10;?55CA;;/?B;9<@276A@<2BHIB@5=3B?E>4'46C:G=B=C2@@?@,>5B9A98/F?:7;6@8K2@H<@<7B,H38G<<5<=:A=D/1?84>4=E9:1A>>2DC0?7FAEA=<8C?@B71?,*@/@>0A=D>.9@;C?.?E9BH.2>@;)8-CA"5==;E@-;:<:D$@14:FA4A=>36<9B6A383D58==*@;>AF9<>6H3@<:;J&;3<=::625:4.>8L261@=5E+/>(:/4=89:G389;@5<*@<577?3B(:<DA=2>7.?<B84B@?9:=;>D>>7<=:F@D@<9CB=9;>7<2=>?=1>=B.=C809E59B=C>95@6$7;:;C1G0828F+><>B1>:=/97?7CD<77;=?<;B6@87:9;:46=09C<;=7@@>DL:38DA;2:977<9B4.=<0;=C:>7<?53>=>298@>>>'=>D<@3><9@@;58<<<::A@,7B<B><?;6C;::>@<=<6@<?:/6?;:.99>56<C5;AE3;C9?;4:=78=@;?:?7;0;992@9=A8C:37@7:@156G<8<B=BCEF =@?=6KBAFD+:<>7>9@A>9AB?D8>*=68=F79H<>817F?;B<C=D;<3:22@FC4DH;@CF=A9GHD8@I7DB8JF2G69A@<5+B?9A?;DBC1A508A?D6H8AJA9;A93CAHDF-@A1F=@;D0A@C?D7=2<,:5FFGBKE8KE;?EH?9FC:?=3F>A1FA6C>;EA=EIC8@@:DAHE:C;=<=FDE>;GL9E??=F@C9?E>B4?=2A>G>5===C;@?<E=BLB;/52AA.;A6BB78.>A5A)71<@CGA?E7EBD32;>6??=9/@=6EF:AD9?A:6:=BC53E7AD4;BD3MEG:6C>7JC7:@=78@?*39?B@<9GB=C>5835>55=H</E@1E=8:B?>;?:?H@A=@9AFD?B?H?C9=E5@?CA70:4?;9B7G::C8A:*:9I;C<BB95=B?A76?>?EAC.:;;<@;AAB0>?9<A?DB?A@?::@DEEMDC6:E>96>/HH@AA@=CMJ?=@BA@BB<+D:>@38ALF?L@99F@A@@>DSL9C=E<D;HB<5;9:;A;FLCA4AG@>;;OHJB>@FGB<<>7@C>>8A@@=BF2;:@;C?IE@:6=IB@>CD@BD:B?B3AL8CA@J4ACFI:?GI@?C<FI<I?FTO3CEB<EIE:D?EIDCFEGFD>J=DDPP:BCD=MJI@9JKEM5O\7IGKC#GAF=JJF4CAPLEBO=MGBEC6FK4LKL>E8HEJXMHD44CGJAO]EBBHHFBcWDC@9QDGFNJKCCE@><@H=/IBEE[JP@=:NFFK@CHE>ON@NEZGE>?DTE[NHA8E\F=>:>>E>DI@@?>;=KCDM<KCKOCNSMMCPF\DGQM=JKFIA?O;JKM4?DHOBM;LcKLABCMNM@LEF?P]BBELQPGAKI;8HD>B9C?IFA7C.@4MG7NHM:9??5ELE@=9=1I<B<=AD<;CG9;@>7@7J<5676=>G;D=4$GB?E4:,;3805<DD9FA1=C8=?K<?EBBJ54/;?BIHG@CA5O?AGF?99>77ED?E;JI;F@A=;<6@=H8<5=<A@97>/CB=A6=>3;?E?:;C3A;3:7E3-A>7@<:::<;3-:;F<<A>;?>B84GF=;@8A4?6DL;D473%@7@<>@:;89?A>>>F<>7>?>E@F3@?@CH?=9B19=F=;?<75H1>A7C==:<@@6?=9?9<<5@7><=5A?==EC=8/?,@9DHC0C;F@58/=7D1<3&=;=C$/6<?<=:=7+4?2-7:>8@/2H=<:;??$>B69>2.9<8:9>>I>DB2@6:>D;:58==7;7):<2:.:=9A<JB:;36C74;>@86>;@?>98>89=4;=8=B83@E:<2B?F/<4.,G>DF>A@;C=B9873<8E4=@;-;9A?5C:=;E:;?@?5A3;/>>BE:=/9D=ADD6B@<=G>C<5==:<?9/=9E>??94>3197A86A;BA=<7B49=BC3F6?0CC2>3H>H=>@@>@7?6?8;:AE:<@3@G9::35<31>->>:<B;/)43<<A6G0=DC?:E9:=G/B91C6=68@E@=7?;G7>A:07:C2C51B?4:>A)?A1BB@?4B@DC>>D;N::E4D7F:AC:DCE2A<@I=HA?CA:I;>9;=?A<>A=CDG<49<3;<>ACADH<E<39>=E79:BA3CC;8KDD@@9II?<C'A.A?9E8=@D7C7>@2>@8E;5AG<:IEA=4EEDI@G<<;9AGD??HF<B6CH8?<BHAE@D;F5:?AKA96D<6AGI=?@>@=<BA@B@BAE?2?>F=1AE=>>DKE2;:KC5@?IBI>GD4GJ@A?9>A87C?DF;CBC>KCC>H;IGDDF9>CD9C68=B5A=>D?>B>8;2D5;<=A3BBD5;668;:<C?;AA;?A9:;CA=B13<M><95>I19?;82FG?CIDAF?82@A;E=4=9=@G8=B4>??KA@D+5=C:66A@2=>F5FCB89=HD9@:AF=R?FB9:>8;;C<>>F<?@44/=;=/@?G;:?:72AH@?<C?AF6D@>>DJG<C>C1C?G?<4C@C8?D>B<E<AAJCA=4D;AIG3?CBH<B??.6C;=@7F=A=J?9D9D9?@A@8CK?;FEIA6MBCD?AE?=2?<>:ED:P==G?;7:@@@C=>K@-AGHA7AM5D?DC>D<7?9CEK>AD;<<@?<7=CA7>=;D?H8BAB<<;@<A>:C=?@>EBJ7AE>D@?F@E9AF>==HE?>CG;I<3HBH=D@HE<<<CD:@@?AC9>>ACGALE;OEVUGHKDN9OF?OF@GGC<NF@BG6RMDOU97B8IKLCDITTLHDFBCHN=WCIDFID:MHAWLFLCCEPEJ?DH<BOGKMLDG>J<C8EFEVMFKOCRTKOG?HIOB*DDA>=FBGBK@E;<D/@<IEJ@QHLMN8LBYX2GCLFRCIHCKQILGANIEKHRMC<ICCTJC78EOB?B?H=HFO65H@G@=EE@<HGKURC;F@NIH@@4E0K==>6b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`E5;;K@@SGNL@E86ABED?LOC:=6A;DJAGEFB>6A?>4EIMQ/<BDIR2FIFFAZGEH;CF88GMILKN8D?F@:;>H+=9;1B>CD8@A<HB=83KGG<=.<C@5=C0F?A76@@BBBBCRL><8:D<:.A.<A5S?>8>=A7<D,?DLD9L-CJB5=A?;@7?E8?GQEB(C;GAC<>??@DB>;76;A0GD;??5@=K7CN>7AA9>69<>/959AB<=>+4@>9=H9>:.?H7?80@?6B;/?@I937-1;;@7C9:;=9C4@3A3GB<43C2=BBB4::>>>=?E52E90=?4C?@6;;C7=<AH<58B:<L@=><13<4DFJA6OA?4?@/5E<4*B@4@8;:J65:E=?E9&@92F9?+F>?7@1>C<9:A9'><7E4E4K+;=AD-BE@:;B2<678.=5:B@LCC1F4<5<8D566+=37=5@9??>9>5@@?(<FBC>8?;=3@8:7F?@<0>H;9A>59782<-B<=5A>;47H5@<1F,>6:8<@:782B@88B,;1<24CC;7?5:6?D<57:<A@==B8?>@6<?9<A<D:>@7?E:@=G=4?;7@51C18-0?C;=6E1.:A<B;;93:=>;:?,B>;<;:=?>D<DD@:47FC;FB3:@?E7@;8><:F@G<@;EDAA9;@@8>;C99@C@A7H>BI25>?=B-9E@9:;A::7=EBA/9<819?:16@=68@0(F>4@;<=7:80C=B:/:(B3;<5,::>27??.??=71-<;CA?=978AAF59'@8:IB??>A6=?59@3:?D?AAC8>8C99CA>@=:6<EB7C>B@C=HC;=9B:;EKCA@6CBA37C9D=?A=A?9:45??A1?<9A<?>DI9?6J*=6@6=A<9:<7F/FB9A;@<=<@B5=G<D?EE??9ED7D>BD?DAD@5A8CD@7J7>7;=9D4B:;F@><@?7CEBCCD?G>CC?@AA>.C4@8CGABB@DIE>E>=BG=;DF@L:@<C@B@B@G=AA=H?BEAF:7>@7A?=HCCE?>?FA;?D<8AA=;459<5@F=>36@8B><;<:L>6:@:<B@;EA<>@E9<>/B?EC;@9B6<9H@@@FA;1FCH5>2?B0B;B27H9<@:5@>9D;28DC86AE,<4?B:EK9?B=;:>8?=?E9>05AB8;=<@9=7=8A9:C8<>FEH8@A8:A<@638?B?CI;<>:233<:@7@G>DB@58@??79D@@@@4C<A?90EA>???DFH28:59GCC?@<B?>;9?<:G:;C>;>H>8C:66<89>A@BCHCB8,@<@KAA<9CC=9;>?B=B>@?C:DBDEFCB?GCC:DCE2JB@B>DHDE>KHD=@=GAAM9:DBBGB>>EE46M6GG5<=<:?99:B8CC?8><I>P@JAC=I<>DGAGIH>A=?EMDBG<>CBF<B@FCEMM?FAAA4ILE=<CHJ>DIK?C:G38JG>8HEAGJ9KJ5NQFLGIIMFOKMB>@IA=DEGDITIP4HFIKJI<EGFABN>SGN;F<?G;?JMKGLEPNKM<M>PN_AHOGK4HA;CMKDB7:FCFA9IJCWQ>2@GH@@AHPC@F>Bb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v2:=JH?MFAGG>LCKCANGWA9I79<IHIHKMGFJJIC@FJJCPA_JKB:8H?><O;RAHSKRXVKE=FJK?@BMO@CDBBCKLQG9ALKPCDDIDD8;HGCAEJKQHA7ICM>@DR>CQOBF@DJ@GFD>EEDFA@AHMA;=FLEPWDTx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~˵¥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zÿÿ¸š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b9FRC8DPGGFTFJK@L;C4BK>>@=BGECL>AC9F-FIXÿÿÐs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ÿ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lCLF@C?LBKKE<9ACADGHP=@:JBE4;>EBNGL?J:;FFI@ACFBOB-HHH7BE=5GFPIF@TH@JECFF@G?A77J<I?JF?I4OKP@@LBJGBDBDEN<AL@FCEIKJNICBFGCC@9GLGACCH9KHQOGACBLIFHPO9B=GCFHM:BJCCLAFSHJPQ@:FN=ACJH>RAGRTNDB:KEBEJBJHFEC@O7APGFDCEG>[EF@T>FDCDF9?F@CM?BWMJ<@D7^JLJEIH<BBIPG:ORO>C?H@BO\nkaBNGB=>M>JJNK8FJ:<LPDE:88IH=M>AKGD@>BDJIJAA@?D@C4B@EKDMI@?@KKPNHHDC?EQC7A5K=56>DTMEEH2=CFDCc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d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c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a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`D?POQ;A>=GV@>>::4A;=9:EJDHIJ9BJB<J<SYKFHG>6J>KO@NC=;ALA>H?@PAAFAIFJ@C?@ME2I:I?DAUEBGFGTEFU>>Fd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k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j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a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bH:DJFDHFDDH?GB>EG@ALLCBPBC>EGA>K?=I8L2D;6EL5@:2FDF@BE<ED?><46BH?HEDG<D9@54A6DB@>H@?E7=88;>6?=B@Lb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`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e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b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gx`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c‚¶ÿÎ|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©ÿÿÿàpMK7I3CCBCBA7ABC=?;8C?C9==>AA=G?=@7F,9095>AEQH9IM;;9=0I@EA4Q@DCEIK<FC7A2F6BJH7FD198F9ACACD@A2BE>AAG89?8@@=1*B6A75@87;3B=DD6F6GFQPA>>@?=D;A=L=0ADAA>>G:DAM7C==>@>WGGF<7B95@9FGHJA9?F=DED=G@@5F;7:;EFPF@B6?=?FBB7?=CDBCRK?4B0F@74JY-J@LP[DBBEKOKABE?>@G@MJKC;EB=RB8DCLJB@PEOQ;>DMM@A?H;CBCNLM>ID9>@AI6E@D`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wëÿÿÿÿš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tÛÿÿÿ¬`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�µÛ­nKLE<@FDH=C?@BAB:?A?D4:A@DH@A=F=E<BICHHJ=98=D@-E8A=;=4AD@9DD08>@>0;>HFB9<:ADEIE>D=@C<DFB?@?BIL=@D;=>B=6CE:DMBEIE;56A;:@>>94>GDBJ<BA?:?6B9BC=BABMGD;G>54HK>IIC<BEF8HU@=2AI99AH9EC1IEJGQ6HFIK><4J@BB79>IGH.>BB=9B><C<@<DFCLNMG:ACH?<FT84LGC=LE7DF6HQI8CGEBCMKBE>B>9IFD59NRM:8>PBHH?>G>IIBB?9C3C?CK:J?B:=@BDHRC>?7?D9C,BABB;?69LZGA8>?;A>=F>AA?KBIBBB?FE>KE@IB5>6>;BSA@C192>D@EGH:67@BC>@==BCG7EBKCF;AF=DACDE5=?7;B=C=1P;E?QEBF=A9>KA?D5C6D7<H:?CCLAC8BC:AA;>=E<@JD@F;@JA>F?@FA>G=>DEF@H@>>29C<B==8:J<;AGI@9,;C<ELHHDDCDA<9@L<B5>EB?>6B:7?BDD@<?:7?<:K>FAD3B?E9.H7@D>;IDE7=B8G>;9CA=@>:A7B@=F;DB>8@?F:?B7>8@D=AD*/>=@D/AD;<G<<>@G<E?BE>8;@C>C6==2>?G>3::5;!@KAB>ED8;?9?7?7D@B@63:A@7A>-=:F:E=E@D<8A3<8F:F=@=8<>82=5;?G?>:@>BB:G?@>1?5BA?7<FA9;:AB@?6@;=<B81F4I=@B7B>2D@FE2D@CL;:?@;=CB+??A@A1A?=>@BB86C:>@B:;3:@EB9;?E7<<9A;@B>@I=IAG>E>DDGE<B>D<><AB4D?>A;F6G5@?DE<FL48>9@=DD=>>AJ@4D?9GB7ADF4A8D>;@AA?(D8B;=<?>A-;5;6=@@>:7?@@J@@D=A=MFD?H@@6*?==9<?@6:6>C@;:;;AD>79<:8@66:;AG:=>C>;6=A>@/@9?<&2=6BA,>@E?47==4>C:<=;;=5H87@9?2?,/D34=6:0G:358?F3?6A;54C@4;>@;:3C@E;-C=C>?;C87?D<>F;?::>?G/>>.8747>7ABCGE87:DFA</@?4@FF5;=>4=>FC=*64=:5JF3>;=?B5=4EA87@9><;3=A7:>D5@7EF:BBGG6?CJ>:DBCGHD3>@AE?=CF%:F>E?>HJD9;CA<CHFDHEAABC=>=>B;G<ECCFB3=CMD>KB9>F@@DD;?8HG8C-8ICAA:F@BD6>J2E=<I?@?FC?BA<;E?A@@?A=<AG6AACBC<G=@>D;9B@<A?E1A89;3:A=E8G51@@<?5690@?8674&=<<F;D68@>><<<?B:=D9?9B5<;@<<<>>7=C=B>9;69E92=;G<;?@?:B;<,=6;D:A=GCB>@FB>H@C7=@B7B=;8:0:6><GLD9-<<D>>4>;;8HB789=A<@J>5A@;@@=2:D@,;B<?7194D<>B>CF@@@@;?D=?<?:I>F3A94AB;=DB7F;?C6DDAA:>?B>FB=?@DHAHEA=98=BCF?CF=<8BE>DED;HDB;;BBABI;EDFLJCTlvbYEKF;>;=D6EI:@B:DCFBDHH>>=@=BI8CIICAF<FCK5@??A9AC<EEE=B@D<E<ACB@CBG?JAE9<CDDJ<IIECEDCH=GCIDGJBEFE;FKI@?/2CA:5D0F==2B<GG?><EE@6K8EKE=8AD::D4D=N:C<EHCA6?>AA@II<;MAEIKJOODA?BC;EJ:9EOAB=0JNJG;3=4FH<;A>BGD*=OTK?=IHFIB;@6KG>F7MC9;IALJ<0)H?FU7@=FEG.H>8E79DCJC4C>GGIXA<=PII@=ECJD6KG8=DHI><B;IJ:=>95A=F?8?27CGHDMPS</>F9Q#5?DIACC8D/E@C>O<FA?;D88B<2:;@GJ41@CC.D9AA<;K:B?9BA>AO=BD;DFI<EJ966:A?5DK@BGA@;IA?;(8=B<<FBA;>L<6JA<>G5>=C=@7>@8?CD?);=CB@<BTECAFDE>HJHAFBFD9GAJA@A@?C@9D@CC<>D:9=E?I@FF<AB<ADC?GA<6GL<<BG6<??P;A9GBC:<<HB:6<>6>>A2C;4C@B1C.H><D=EC9=>J@;B&><8F>>BD31<=LKG=BME?B4>@AA@>@FBG7C@?K:EA6CA@>CE?HG-?<5<I9A<>,-6=6E0F>?==;7@7?@D5@G<9A@A>@>8I@943=>B<9DB?><F?=7>B4CBA>@::A?=D::D-<99-AD6>>6=B,?:B;?@F6414F;9E6B>@@A;E?B9C?C+:=C9CC9BB>@AB@7?>5?GBA?7AI@5AA:CAABA@I+6DCG?E;J>?<A>9><47>9.>19*=:>?9>;:;:AA?>-<9-9>3=5D=?8F?6D;<7F@5E3GA4;A;@;;<5=<E62@@?A39AF=@<?;:>8=A95*;E=A6.=C<E8/AAD3D@?<C=2??@AF@>A@776=@FGQACF@RK>FNB@A;9<B3?BG>;?71<>?CF874:<.8</<*5>;?@@?=A:AAE8A6D59B<=;9?>>AG>4659?<HC>C@??9A;@6;;980:A=;<;AD5<2A3?FI28D07>6E=8>1;;8B;7<73D9C@==:B9<864:8D?G>2G<K8<3@?@B>E5?:.0CB6CD29:F<;:C,>9*?@I67??1<B5;A7@47A33;40F<L<FFB>;0@;=D15.@@BC=?8E@D7:CC:E;9=@AD?;CA@A?CB/?HA@@:1?BDA@>;8@?E=B:DB?7AF=@3<@BECB7<94@;B46C?6<B:CIKA;:A@GB@@6A<A:=<45>HHCFG<D<FEE5:?<;CBBB?CEBED7?BE;HCF=:C8;?72A:C:;H9@9</89@A7<G96:6FD<45=2,:8@>=9E=C;B=6J?AG3=84<>C4C.@C9?@F==25CBG57?1D3>A08D:AF8AA6A;8=::FBC7>C=BF?A59BF?1>1AJEA2EB6?E>G<AAC@:8@A6:CF;E8=HHDF?9=;AD3G;@4GA<@<@H;A=)37;8ADHG:;<2@9:3;6MEBJG<I;CC8?B>@@;>39989D<H3D.5;?EFFBIA=?87E>@:?IDG3A@:;CA@C:C?;@6>9@6DB<==BJIDZUQOHNE>9?5E<D7@B?AJDFB?C6F>A@<=<;>:A@>=;>L@C7K>:=8ECFC@6GHC=6E@=EJ>FD:FCAGII.:B>?:?@;FLQCDB>B>F9CAJBEF9A6>64M9>G?0?BC@:;H>HH@DJ49<DIH;AE5;E6D<>H:;A67HAIREED@H2P6E??DMC@MEK77ECG=NDGFI>@5H=8DKI<8H=5:D8AG@2@DDDA:6D@C::GD3I3@<L<BIH?2D?G'@0=?A>C<LESTEA9GGBFF;<FC@9?>KAB:RGC8K@B/@BC==B=8E8E><<;8<EDBC?<?;B=8Dzu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cί�4C<MGEN?;FHB:J2EC:D9CL7;<D7AF=FDC?E>DFA;FP>;FC>>?8D0=:DW4@A275?A7:*=SI,<<=@<@QD?B?G=@3<A>F==I;JH?>=>CA@FECAOC=B:@>BC?9;K><>4<A;@IE8@BDD;=>BJD6<<?=:EAEL2E<68L?;=7><G+2A<479DA3C>I?A<7@AHGB;;>>9D::A>;83IBIB<:HAA;G>9JF=7DEHD>A=GBH@GD<:C<::BEAD;;6JAG@-F@<;HE@A@F5?@C=?ECE?G==GE,MCH;?8HFGE<;=D><;=HBAE;=@B;9@9>D==29;C6<?8:D0BC:>0@;?:68>:2;A9;>D=+AA;=A>46?97?=77=B@EC;47=<F<?A41;><D;6D/B8K?/=B=@:??3<<9;3=3?;::FBB>>.@D7>9D9H3>?FAA=83@E>D=?83@C9@F;A85EA=AH<@B00?C?:=A>BA>7>9@1<@@A;+@A>;:A?>B<G;80;@:C6DA?>;9;A4=;:<I>DJ;A6OBDBD;9A8@AB%C;A<G;8D5BAC4>A>E;4DA=DDA@@A2=A?C7@?5/E=BC@7::C<7:<8=@CA8;?EG@=J=;EJ>D=DB=GM:?LB<3@=?=>4@>;C0>=AE>C7:?9>>>?=C4D28>9:2B==:?9=9>8==:@9@0@7/F4/:=I@3?<?7;4:BBMCB7>JB:=>E<?CDB9:G@5;6<HK=D<F@>G:?><=@8H?7<4D:BB;@1=BECAAC8G;;C@?F;CA;F>9@J=:>9BG@<@F;><>89;;>3-FK>C;7@?DH9@667GAGDE@<;DC?HFJB665;?82A6G><D9H:>D<JD9A@<A<:EL;:>H?-B>:=D??B=<ABA?2:>?@H?CE<>=<CB@>:GB5;E,:=<HADAAFA>FGA6E?@>C?9A><4<F:@;>:GDBHGAA?A?>BB?7D?ED;BC8EBE=E79BD??7>B@GCA9AA;BCHB<CB=3<A9IFD7(?B:GC.BA=B>?B;>;5B;>99D>9<?:@?CA2D?8FB:=BAD?0D?=G2BCD=<4<=F>B>824F;@BA;@65DD@??>C>>JBG9;9J<?MC=9>A?<AC<CD=B5KJ8:I?;ABD7@;?A@FAG>96BC?BCDCF<EE8==BF:@:78CADB?>>@@B@B=>C@EB:6B<@CKCBGV3JDHMTC93=2DGD?BEPH>C=A7DB@:;-B1G@?89;68BC@@EEF11B<6=>OGG@B>4:>H17GB2IBCBK>QG9@B?7;B?F>;BHF92=EN4:>A><K6@@:=8C>?>H>LEAC=CAB57;FCFH@,JEFHEGEMHA@D9B>F:6AH@?C>>>IBB=DKF;A?=DG5KMTJH4E@99<LD8B;MA@>ACFBJDK@OE<9E1C?@:GA>@EDJB>ID<BDI@CBJEEAJHJFLGBBCA5BC>?@MHB>AGDICF@@CA4D8@A;:09B26??HH4,M=C:5JED=6AE=FG6C<AA?C;7<ME@S?UJIC?A80JBG2JSP<,>=<:A;CGFL7NGP?OOBMLSHC?@8E=E6HCHC?=M=?D;BJKE<A=¯ÿÿƒCDCR>A4>7FR2;BCLAEI2A@4C9;BB3HAF@@ECCC@HICK@@/EH9EC:F>5:;JN?F-CD>>A<LC<>H=8EL?HA;>=BA>DK4?75@8A@BL@H<?CIB=A?1FF4:AIBG=DEB:@:@@D>8E>7GG>D9;;CAGF2>77>?<>I@?6@AA:?C6(@DL-B3==@?D:<;@5HCG=C?@2AB;?;=DF2@EB8C6=:>B-KGN>?BEH>>?BB)J99A9NJB8-.998?BBC4?<AC=>CA=>B3<EB<D?BF$>>;7@EA6=>@5C;I;B?A7::4?E29.5:;9C@>?F.FH:@9?:C@B><@A@23:1G76?9@A@6D<M?;HCD7A8HA@><@1;::<0?CC<4:G;I=F8>CDC;57<B:;998;:@78;@0:<C@9B;>;>?<<A89,<7?8;<BDBB44@8B<9AC:7:>I5C3<;6?E=;6;B8?9AF8;=A1>B&%ED5.78D2E=;@<@?5C:E>E4>6&D9<@1@%:=8:29>@6<77E>A>:5:DCB<AF>F0:?-C8?@@<=?B4=E6<G<64HA<6G@?<7F;7EA?E3<9;FFF6@@3=0BB@<0?<;D?:G:?B<CA5;E9=4?8:688>OKC>ACBIO<?6G8A<?ABA@99D>BA=AC>A?.:=.897/=;8C@<>@>>9>5=B.A882@0<B@>:9?1<:BF?AA;=73+5:34??@;0;6?E=7-A;E::;99=;6<=@FBJD2?@?8;<@E>CFB8;@AE?>CD>=7;:88C9?GC@B@@=6==2;EAEA0<;<>CA=9@CB.=<H=;DE6:=:<>F@E5;=<D<>:C499DA<;;G:6B<A;958=9;:9=BA>@FA<:6>D3?;J>9EABD=0==DAA;A@HH;;6D??ACC73<=?69D:9?9B?D=CD?@=;<BE@.I@D@GD;:A?C,@>G?H=G?;G;@?>C9?;:DH@EBL;H3A2<?M0M@?EC<<@=>A?69<FBF?<0B3L7FDBCA:>8?><D:C9;AA9=@D?>9=B:==6AF87???=<=BB:.=2B9>F>9=E<@LC@E5A?;C6??L?B@>3>B@6B@?AB?4C?FA?:A@>==L0DC@@6(=96@>I@@@<B1:BD<;><:@CF?;EAA=4:8;9B;DC>=@D9@:A><7;:;A:@::B:?FD<>F;H4A2@C7?AFC:@IC;;E?8C@C<>ODEC`aWEDBFC:@?5@3F@7D>D?ED4;<97<;<?2>D@AG9;.>;CF:@E@?C7BED@EJ?>@@3C@7GMF=;BBSHJ8@=GBF<L?B>@=CDGBE@D:>A;GHFKA?:??CI<KGB7<GH@<B@?DLGG=F@DAEIJ??DACFH?E<HD8GFE43>G4;DAC2B@=IIA@HBKH1C9D5I;IJK9@<W;FGA;B===<>CA@GC@DHTDDQA;;OE8E<7?A=@AB6A7CI>8@KEECD>D?D<B9H??TF;;@?5>EEF>@?5K>@=3<EF:F>BK:=DH5I;G@A<FADG.KEF<RAH:<AED:B;JM<>MLK>@KD8KE@AH=F=;=@>JKA4IL75@2GA>CA5IJELH?@ECCC>I<DKACFGKKNJJ‰ÿïQKH2C2E<?=>A@BBHF@AAER?87F999FF==;;=6:C>CFS@BGB7?X<UFDDW@DBC=H5;C@IF=4?FH6@=@I@AE8FH<EJ@AECFJ6@FCBBMCIB@5@B9J=@E5?4AHA>DC=98A?IJ9Q9<DLA><@PD=B?DA=B>9=6BH:>JB;K<=GC>6<7A5===C<==E?<CB:>E78A2AUFAC-=6;?=>?ABG>CA@B>A?A>>>D>@:BC>7;=?99<>A=;DCD?IB@E;@@?B9BB9G897>69@@D-9B>2HH<3AFG<?BG8>B?K:A@?;/@=JL5;?:;>ACALNBFDDD1C>25;=<:A@<>>@FE>)?@G?4;A=F/?;AG;5<<7B?:F=:A89E)=19I;D>7F<DD84@<2?F?CG<@A75>8@A>?=H<4>@@D=<53@C:/E:>E9=<=;8A9>7,@FCAD709,8:66;7=3?7;G2>=;E>:=I:B6>:<8E==I>E<@F=>?E7F7B5AI@AG9A0=BB?8>@;C9=?@>K>@??5?>D;A;1I8@@@@D>>9;=?DB@;@,>D4;A=@22;@5@B?@7=<IHE91C8@2H>@B?;F938@;7;>C;B;A4A>8?:AB?>KDCGOI@>AFAIFMBBC5@@:57:>=F:6<;-7.;1?D<C:5>38>9>D9<?=>B<@@=<7B=;9?=A;6D9>>>::C6;>=F>4G7>9;:>=BFC9@C1997==GFC5=D>+:@C<B@<76E?9B:8=B<?67:@8A=<9AG8>6FG1@>9AD0:;F<E=045BBA:A<<>4D9HA7CD=4>9C6>?;?G;@GCA=9;D1E9;C=;=C?A:<?>21:C8?=9@<?A76<E/BB5DK473>A@6:EC>B;/?BC@<F:DB@@?HB?C@C><CD8BC>E@<?;D?<=G2=7B<7>;A?5<=K=><:E@==9;48<5=CCFB6B<4A?@J8AE?9B9=@?;=;B@E@9,EA>;=@=<=A=1BF@BGH6=;3*?C>?=5>0?@6975>>A4?A@4>;D7@=AC?=4=A@?8<@?@@EACC<CEE:GC=;65@4=;@<>@=@A?<E>>:?E>;A?63I==BI:DD:=C<@KG;>??JE=E>DB;>C?=ADAD;;MEBA>BJC9?@9=B==F;62@=8CB;H889<E??=<B=1?@8?H@>>@6@CC=@CI@;7C@DBD>@:?=E=>@6>H:D<HJJg~zdvVB;I:=:E,9.B9B<D6EE5C??C;?FE?CJA'DB5>G8ABBC<C6@BB79LF;?@A?BD<D?I=>I>7=;C1C;A:9DC;GCCB@5EDL9?>8ECIH=E8<EA=AB>HC66@DA@>FD?@F;>CA?F@=GJE<<BJ@I?B:H3?GEGH?A=AL@8N<5EGJH:<;AEJ;C:BD?C?;CHNBABF>2<@I?GH7;7?;CAI>=B9>7BDDF:@CDAAMGBB1D?8R5;OG?DJ4:?C.?F>GK6JFF>?@EBH=ABLPFCI4@GBCBOH?;9DC@AJH>??=O6<:;7<45IICP:BFVQIA@H>I>BE;EF;F5F>GACR3?ME@>G;DDJ9GG=EBHGD@KV9A1KE=?A=H@IK@AABBJAGAHPpp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kpr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el…f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eZje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j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q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|›¯žkf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u½ùÿÿÿy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pÿÿÿÿÿÿˆ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…žÿÿÿÿÿÿÿ‡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h�¿ÿÿÿÿÿÿÿêm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œ¬ÿÿÿÿÿÿ§q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všÖÿÿÿÿô¥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lq‰ÄÑÁ„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ave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b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aG-AD9;S>>AA57=?>DBC&EE@@97:AD?CB<8<B=<EGC<8::F;9CB5CF>??8DEB@HEEEKE2BA<2GE:ABB=<L87.?=JD(@EADAC7E@<?EE@4D8E>;E@>9=A:?B/=;==;F<?IB@GEB=9L1=8<A>C:?9E:72G5<@NB>C.6==7EBBD=:I6=39277<2<66??'5E.>JC=@0??=H;@F5@=DC;6==A:8E759A<2:KB?H?B8A:1KBD.82<?1E><@?8F5=>B=>=AO<J2:>AF&C>5=EE;;B<><G:@<<H@D;00?8<1>D;<=>9?H@DE@E>77A=@E:A=59<0D=/B>:AD<EGA4EB>.3AB:DD>DE=CFC-F<K3:<:=AACB0:<E+C;:D>?CA<;?B?7A=K>27?BCJA?9@A?C)BLG:F?6DDC?G:@:EB9@BD:6?>EBBC2=>L-C3;<@=E7C45@C:CGC<=44CB?G?>;:=AAA(:@43;@@3?8??)?C>@?=CE+<C2@:G2>BC@?>>>@F7F;B>,6:>CC8BC<@DA?@5<E>;DCDA<C=FD>?4?;BB?9?J>?;DA5>?>FG8=B<<>@6:<<DB?=A299::D><?7B94=B=B9=E?C,@.>:7<D?A?;A?@=?=5A=@@>G=7@E?;<=B?E:=7=?F2=;MF993@=<DH<:788AD@;??EA56=B@A=<B=<79;@D:65?B8=9BCDE8F=9@92?CB1A;<@BG=B0H8B=;=;BCC>7;AD@D7-:;0<BE?@6:?7AFA>B>@<F86=EBBA@,;=8?6A@>=A>==F07?.CAC9/>=A<>?<93A0A@6E?=;/@+B?:);@?KBDE?==A>ED;95<EDBH3@IHC8G;;0;FFFB;J0?FE>>8>B=8=<:8B?5<C@=D>BG@>B<ECC2AEIDI?>9=D:JA<=>A9?ADEF4GDA6B;766=@6F@?DA<<B5<AC9B>:=I:H@<>D>@:?E=EC<1<?=D8+A==>;:?B9B<>>9<7C>@AE<?FIJ=>6@5CBB?B><7?=DB?AB:9C7@4>D<J7>>;DF@D=2>DB77N@6;8?=8F?BD86>H?B??<AAEDE<3=H8<@E;@:>>A?<>5C@:@><?F<HB>;AEA=9EC,6D>H9B9;B@08<994?2C<07A=B<E<C5?:.8=<?A=<=:;:8B:@K;D59:<?C58;91D81D0:?48AB;89:?A7A>8?;B58<;4=/EA?7<7@<???:<I<=;=F?>IG<:8;98?=BBAA6;7=96GC@D:;48D8=>>5C:CAE@><>C@<1A3C5D6=EGF6C=9>>JAEG==BB6<@8:C6G9AG?:C=AA;:CA=CDHAFD6@::B?7;6;;8EI5F>N8@89?;E9>C@GB>=;27;6?C>B>EG;@<C:DC?8>=E7>FCA?ID6CF@BI><?FCII;H<FF6?A7FC5ACKF<J?:BF>>><N@FF;?D0=;>AHL@>GAA=:ECFL9=D?:BAC@HI>1B1?<C=EH;D>:@CA@?=>D7BE67=<8>=1B>9IDC@AFF<D.AA@ALP:;:79?5<;@/KE=J82DP=D<JC;DAE@@D6H=8D+:4H>FM89C7<>;=26?;CB?A?FCE0?;G@5F;BLK?<K7<G8C<<5<8<9685;M><C<N;>EM<>1@J@FAEBEC=><C=F;EAA???85;AB>E;>>>=A=9A?D87A<C19E4DDL:>6I>=B?CAEA;@79F=A;A><9EDCGD@?<<A>DEAFF?DG@B86:)E>E=B9GH@;EA<99<?KED<DCB@FB=B<7.<A06@<8>=EB>=H@=;A?B=AC@D8A7B1G?>C9@6A:I2-DAB8;6<<AFB4;@*@HB99>@:CA>CH59C>=B@>>EJ1@CFB>B?:<ADA=29>;9:A<5-:D29=:L:1>8<433>@/??E3FC>AHAI;+>D@GF;@A@2G>GA@D6CCG=B7=H3>=BF2>CC?>B<:7:CA:A@BDD8DA<>DA@<@3?8CA0AC@;>90@29BFGG:-C=8;AB.;=:>6?<G84>B?;IEAA@E=C54>@:=9;0C4B,8C?F?@>9?6FEA7F:/B6;FBA'<S?>;GAD3EHC>A=>@5=@3B74DDE?G6C5B<?=G9>@==C6>A>?@H8AE>B::C;;A=8>?E@<:C<D4E=F><2E<6B1<=B:D9J>BB:CF-?>72@<B5@A7><:D:=KJ;1E@@8@7@B6><D/F@AED@9B><<<ADF2F7)=B46@:HF2/<8?6C7<@<B?J8<@<FD:=>=B99?A:;BF>C<?>7;+6B8<;AB@7<9D:D@?:99E4>>C9CE@;E>8B>2?@@D10@=>8C?=<>B;<B8A68>D3573<F;8>=2>C7=??22C7D<@A9D9CB9D6;:BF(-<;:F67;@<0>:9BFB;8@5;?0BAE@@=2FB5<7;KA:,<1=;DA*7;H"9>7?;CE?@?B=D><J:??>=:3AG=79AF?<E>B>AE?=C<0A9?@F=A<?>G:>BC@CA@>>@9:I@>6EE;8:88<;C@B@;:/58@E=?A;??DBH@C>D9C8B77<::47;@C>66;=89?ADDBAC>DEH9;9E=A?C;@@8CCCCIEK7D7?@?FKC8IFCL?@NEGM2<<A?E<CC==EFFAFGDFBFFD>B8@F@H0CCHA@IBGB>CG@AC>=E:C>LBJNB:FBEEBBFA>=D<DE><>?HGL;E=9AD@F=BA@=E=?:8CA=C?6?66B>A>DA>8K?<><>=F9D>>:<=C8<5A<C7*9?B8;8C;7;8<F4I8AB<A?::=9<C8>9F87C??F:5=?7G<@>8==C7H>>D=;?@AI>=@E>DB>A??@;@D0DGG<C>>F7AD<A>AA8E,I?=1C:;;9B8@@D?9/:4A=B??DD@?>>EC6E7B?FA?>7DP8B@<A5A<@E>CCCHB9DD>B@7=:(DAF;CFCCFBADEGDC5D:?.4<ACEJAC@@G88BABDJF9==<5B;?>A?=IC8>@<EIG<CFI0CECC>MF>?@DLD7@DA7<FC59FE>=7>;FDBA@?D@;89GB=H6DM>4C6K?AFH>DADB9:ECE5,F=AGH@D;@KFCL?99JCF=EEI?8@A;A7GDKN>F=CG>@=5AHBA@A:=GIDA836A@BDFAI=A8BAEC<A?B;8@H>??G=@N95<HD>DB>HDI<>5DF=02C98E?A<G<D?>@CJ>GEE9<;GCF6:H@?C?GB;?@AEADD><;A<BB5@BCGEE+=3:<5GF@749CL<C<E@I:6CF<::7CH8B1>>C>I>6>AC?DA>?ACL@?;5A;G4@MD<AE@9K;@=89B8F7A?J:NFAC;ID?CD>?<8A=7EEB;ABE@CAE:.CE>CFDJD?@>E:BG9>>,DP7:>@5@6D>B.<C:?C=;FCCAJGR<D?@F:@><A3EDJA;AD@>H>5>;B;8C:DC2>45C;?:JG>>AA?A5=7?<>H@C>A<@AJA86AHB8?BE=FH==:95GI?EH9BB?@B=B?C><E=A>H=A;<>>A;=1<9B96F6DD;@9BA=8F=;BA><;:<2A69>K?0A@.9CG<@D=@FEB@=<<?2FFE=?@9;=@C:@;*F33<>H=:A>A;?=3@?>@?@;8?C9B8=/CH6GCB<FA7<4A=/;==@?:07<;?CG<96@:@6D=@@<DCECA/>4AB959C5>?@<C=B<B83C@<=9G@=;4?B1D:?9B:;=6?7D9BCP5?H@6A@-C:L.B?:7;?@A-3A@?+??8:@?1C9C7A>?C.DDED6@@D<I?AE99D=A:@;D5B=:EF469B89AG?;=C9>8<B93>>B;=9F6;6;>@<:C@GE9D;<<5C/)BC?4@9F7IA>>4@59B?<BC7==;EB9=<5C;A@;94E:8;9:<AC8AC:.5E<:@EC@E==53CC>>8D?@#<9.3;=@F87:;419CC74==?@0A8FA=?>A=7?=9>G?3<DH/8<<B9>@C9945AC84B8?.A:FEF@946B<C75EB7@<C=<4=C>>>;@/=E<@<:AB6=@>>6;@C7AII2::4=CFA=J9<?ID@B>E<;9:F87A4E6?::=ABC<@;5?86=B>CBC7;D;AC.AAF?<G4'=4:LB@?8;I67=A@?;JA?:7=6@=C?9<9A:A8G;B9981EH7<?E>DBFCG;CDF4<5EBJ@JFDD?ACDE:DJ?BBEABFI<?HC6?;>I>8CB:=ME@=@C@9DI<DDCC:AC8DEDG<C:FC@>E;:G<=5D?BCGB?DC3ACLBA@H?9HK<9BC@<HCDG>NC:ACG=@6FF12D1@90?5G?C0CE>D?C?=:8:D6>:CB7?<@>?>@8@5><=@JC24D?:9C>9>B9<@:>G=F89B5>/A>;;>@:=>DC<AB4;?98>@<EA;BC@??J<?=<A5=?=<C3BCD>HGBED=85B;<B@?=F7>?B<9>??5-C8ACE9FA,<ACFH?B@944FD=>@@C?:@B8B@<EFCG6<@>E<A2A:D,:FDE7J8=:@AE?HE?IHAO9@C<DCC1<>B6DC<BEB?D2A%B;:A@N>@>8B;JOBK?7;BFBKCAD;:CL1ICF>?><AC@A;B@?;BJ97:A:G2H>HG?@BC7F:CCJBH;6;@E@<J@C;A>E;<FA<B<AEGHEA<<DCFG/HH@3BH@=C4EJ?69?EEC?GHAC7A?BB@HF?>795>9A>C=DJ?D>@D?DD8QF8E<?DCDN@ACI<7?A@=ADC?B7D@HF;<<;JGC?KCBA<=:A>>HKCI46G<8E<<CB?ABB<-CCI;@B=BD=<A7B=A=@K7?DLB7H=EFBJ6>2OFF?@K?584E><CD5F9@A:LB7A;A@FC?>42C6O=FC6BB@:GAHC=>K=/B@EAI=?K<+?AB0E=7>DF?JCCD:;90GB2A8?@:8?DJ<1J0F>EF:E;;9=1*AF?3><E@@>??9?HC::>9@9BG:EIEA=>D>A5EK0FE<BA2@>9=?=@5@?><F@O:<CGBAED;B>9CC:A>B<DAC=D.GC?F3=:<;?=@GCL<D4E>A>?=594C@MAB;A<H8@>@A?G1AB7EGD9B=35:F>I<;;8=IC@>9@2I>C<6AF;C;ABJ@EA1<EB>.2B7=J?;=?==?D?>=$1A69?A?B=?=D954H;D<AAG@?.BI6AEG@A=C@.;FB?/7=9AG5:4EAA==9C>>>I:=EC;DAAHA>CCB<@BA96FBE>9BF>AB>FK@<C3>;@AE:4DB@9A:;+5E?A8ACB>;7HFDB6:,H8?C;AG09@=62::F4>=9;=<DAB@;=;47H9:D9C>:B8:DB=>E7?8@97:DAA1>@5;9;9<@*7B?G/7F:E>E@:JBG=D?>A7,;87C<A@>4?A5:=@14A=EA3=*:>=E6AGA<998<>75B@:?C?E??EE??AG<93G-7==C=>=:DDDE+<B@@8=.@1<C2:DB;158EA3;>HA@3<?.;>D@9>>G@8C>:@C*<4C@AA?8B7=C9A<EG>//FD@--6=E:>CB>?9AD6?A4;@A;9;B8>G=EEDE:C:C>A9;@D<A@G>CAG?E==<4BAA3E>C=@6>C>08;F=;"8=G69;A<7I;FCD;=0<?::8>A=@AL1BAA@;85<:>D;E>=?CM=9ACCFF9?@?@CDFDH/@C8BDCF3B=-;3=DFF*59D>>BCG@<<C=J9?C=@6@A;<85@>B:>4D>:A<E>345-DCC<>;;-<>:DC<4<)F=0985TB?0DG@DF?@??@AD:2A6DGD>3B9>GD>CE@=B:<E=@H:FA;5GE9A>>CH@:J@B>?@;C:IDCEE??8EG@C?F?BFFAC0DBH@?B/BGFAB:;FCMBIBBEGC@EF@?B?BD?;@>BC@A><4GF45:G8A9=A>?72?7:<I(88F3>/9:CB6=4==?B7?59:?A;B2B9<F9AG9BA?A0==BC=>B4=@L;69B87:@QH=/=AE<:<:E0;7A>KC0@EDCDH?6B<;F@@A?7BACAG>2==A>=A=6B=;9MKI@:G6A:@@@8<G@D7@IACB>=>@<?JBD?>BB:2@AG?CI;@B=65BC@BBL@A;>FBEL@BI>B1B;B@B6EBFIEH<<B=A>AE?B;;=G?A>?;A<<CAIA=@G@=HBE@>2?I?@FBLD9DDL-JA==>=:B;FIEDE@9CK;ACBFCCI;>CCB?BLDEIIE?A4EB@>ENBEF9ADG<?HE:JD?EBF=F6DJD;:KBHIICLIAH@F<DH6ABG=;CGB;A;FDIGD;E@@;D?A>7GC69>;@?HB=A>?A?GEA>@DKJD<0>>-A?=;>DD?>?GJKAA5A=@F=78;A?F=EFFF@65?DI?B>D<AG=17;?6?CGBEB8?=CF=K?KA:G>BI/<NM87IEG?>GB9NG>@CCFDDBEE@@E=@DA>;FECQV@8J?G;C:F>>8=<5:?@BMMNSAF3H:>BBC@=B4?J@ABOH:;IE;?=C?:GIE)<@I::<J9KMED?G:;;D<;?=F=GB9=GEE=4<3@CC>B+A>HO:>C?:A::B7EE>?;@9AC<6<JE;.><>G=MAD?B?H@><H/;C=63;09:JF<9>>AA8FL>>>>A=7<B4=C6@A@==6D0-27:67;CDA:D?=?<;2=:CA:6=I?CA5>>:@4@7=1,-<@CF;G@<IH/?7IB7=EI=CEDF<A;H<=9D/AC><AIB=B>@?GF:9D@CE2@:<D<DE7:DE@BGD=DAE7CCAC;BB=ABDC:B=@=BC@3<I>?BG@BC<@>A>C=@<@69C=>?@><HC>7E>D;4C9><:CFL;6B5BA8?0B=C?N>H::3C/>;4?ADF>A@>>=B:BA->>;BA@A70BG=@>8D;C:43AA@6ND<B=BD88GC@9>FAD674<:6<I5;6BE?@AFA;9D:9D4A6958@FDA7@F:G6:9B@@=A:888F95G?;92B0=A65=6<5A/G<8@8@9:78G>>=AD=A9@@=D>B9;4HD;>B.>;5>:E8;7E>?C/<8:65/7<@9==*<>90<7:;<@=AC8A=D;;93B>27@=:-857B8-;A87<44E8?1GF@@@A=BJA?<ECB?:8=><4><A>@@>FB3>@CC6I=@>9@>;@@J@;;*@89=FA8?2:<;E<AED.B?;=:;C@AI;>:AA4A><D9DFIB=>A;771@>B;=E>D;A@;F:9C>G89C;<0>=:CCK?A6B=5;?=1EGE2@EDE?=2<8;=;M::A@<=:>CAAA><B?;@26J::>@>B?DB<E5EA@DFB6C9E<H7;8J7<F2<CFDFB>C?<A>2@9DJ==DAF:8C>;@=H7D8:;;F::9FD6>EB@@?BG;FFAE?9??EBCF>@>ED7:E8AGB2DCDF>ABA;=;<@H@@D6=JB?D???E>AEDACD9ED@D1IFB:.H?B@AF?7<B=?@;EH=K>JDB:?E3=CA<C8:>C;E5F<8G==BA<D;;;<.@F8@8:CE4C@86?>=;A;AAC>47A?A333A3:IB+GB13H56=IB1@?8=08D=<C2?>;>:3;A8B6@D?7@<72GDI8338;E@;D:?9==C?3C>9/=A8=?LF<5DG?9BA=4E4CG;<?D?@?M:<>;EC;9AJBC9><BB7FJ<EAF=/E>E@A?;36EC?9;B<8D89:>A>GIBHH?=AB@H@BB7AB?CEA6ACEEBC?=:?ECB?BEH7=EB?06@DC6C49;?#:B1CN=@C6@=1C@E;@<@FFEH<E@D6A6EA@3A=A<<;6C;C@@GHGIJ?@8>@<C7B?>FB><ADD@?AC@BFD>D<DDFDDA?9AC>DHCDFF<;E@N8DB?EACBD7BAHEDBHBJCHCF=;BD:FG?JD>FRRAFC8C9=>+?AI@F?DBHJ:?T9;AE>;@AD;;GCC::;DEF=B@GD<C@=J=HDLC/;K?@J2HGLJFJACC:<I@A=?E>C?=A?B-BLF?BA9AQTAFEJ@<>A>@@H>BFKB??=8>D=CHDC0<BBIFB=?CI:7C6CFKEF;K@=7?H=<?CBDE</Q7GBEN68CIK@:@>DQ<BA4?7@=85DJD?<DCQA;>?LH=D.>E<DA?;E;A<OI<9BC<=:=4??<>7;?E<;BCBFC<54@AH>6>A@B/;D8QDAFC/=C;8H@@23IIEKG7@@9:=9<73?CA;AM:E9?8J@@B;:JD=,6@;78CF;<>CAA?=A?-F5G3><?7C9ALD9BB<BB@IC-EGA-:>B=<?H?<?8'CA:?J?6@MGI==F:A@=::H/?8@C=?DB?E86>DC<CHKA;E7<>HDE<8</>>79<2=A=28F?=8<@?<>=<@.8@A9B<<A?@<@GEFAF<AF576<HLDCDFLA@<<A8B;<@@DCAEBAE6>B9;=E>>AD;??GC=<G@B<@B:A?9?5F+86<359:B?:>@:=3=76:=1:@D>:<7=CCC@;A1;F>?;G>A<<E@0;>C><FA6.;B=A=:6:;?D=?2G39:A<35@E*D1C.=5A5:<<CG:=66>@039?=9;.@6<B@K6;F><;F=:A@AB958A>*:CD6I><E6=98<F?;D=/>G6BAC<D<A6:<C<>9;<89>:4DE<CB<-:<>70>2D>7AA>3(D=@2D5C7?4>G?:<?D?;=7=B76=@F87?9<=;09?1:A@JH</?:F<HJCCFGA?G<A/=@@:EHCDHD4G@?E68:<GF8A>F;>?@9C<?B8>=;?:@;@@B:0;3;;9HFC<==FB==ACA9D7=CGJ:?58?5ECB>77:=A=5?@:;@6=;BE;C899<9?9@<>5>5D:>881>AB9?A99<A>BGEE@F6>?=A;CDB.C?/>C<@9:?5@?B>=AC@A=>?;.??BI>@:EC6@F=?:?F6>D@??ACGAFBA78@FB::<>B1EAA7?::6FLC+I?A?BFF>CA@C0CEDEE@@8BDA>B?AICE9F>@HBB><ECJ>=B>GA?>DA>@@@FAB>E;;CI<CC><4??IJAGAGD?B:7DGCJ@H<<>C?C@;=?DBAF@9BB@FB7?CB@?5HB?=EEHECJ=JG@@.HDD<E=F<E<?:<?=BB>?:9C<A>C22;571=@??AE7BF9/7A7<F;@@?:6@7@CCB;CA@:>DC6??<C>;8D99=BDB,8>;94D><=BA=9B6H9:/><7?89=A=><D/9?A>69/2;2811A<=.8DJADNACA?=H-?=H=GBB;=1EDBBE?;;BI;C9=>LD>7E;=?;0<C<C@,AL=8ADICH>@>>=BCF>B<58AFC:6BCLDIDJ>D@8C37AEAIBF2FFH9;?HDBF=DB;FC@F?7?8JIABCD8/5>C8>FFL>>?C?7;?:A@E5B<DO6;9HDJ>KGLCD?C?>AI:DG?9GCINHH@D<GC<?HFAEAE?.9E@9A<>D>HD5AM=BFE=7DECC>HC?CF?DGG=AMA7@A@FEC<AC=C9CKBD@=JDA;J@C;K<FB;>:A<=;M5DDKN;6I@KGG@=@AED;E<E=4>B=><56ILAF9C7AH?D-HL:?A4AECC;5:?1DI>I;BBBGKIEHE@:LGD;?<@<8Q@B/DA7ID@=K<?OGC>?6?@?AH@A@4AEC:=;JEAFCPDE97><B7IIG<BOH;K4=EIKEDADCDC:6G@4GB<<?GA>D;BN1>PF@>=A1/BCB@?7C<@<@=FGN=?A;H=DFOCAA>AE=?5&E6<I:,?=4@,D?=<<DF1<D@@C<E7DIA@3I@>BAK<H.=BB=@8><DC4C>?>H?=L9M>BC;2KC@:9PAC?DGDB?7:K:>FFHAEED=H>9??A6@F4=DD;<D9KD:E>E6'<77A>>6><;:B;A>?@<9D;9G<?<AF>@<@C?D7<><?B)D;;;6=><F<7E):=4<:<AC>3A>7D@4>D=48;>5E7A<<BB@->AK?AI-B<=?<G=F6)B==5=@=BD99KGH<F>@?@-?C5<C5GJ<CHGAC8;??@9>@@;=94BJ=<9@G;64A8A>?0=CG><GC6>9<C=6?=G<=7A=C7767<AB:@<=G7BE>EE@E>2<CJA:2E<A@E=?4CH<;>B:8B?@;77?@<7579AC9:;G>@E81A5A6E2BEBB6@7GB4F;E<EA@>1>A:D=B=3BE,@GA:A=@A?B?0@>@6=@F:E1>F/DE?B=>8<3F:@>/C=<=;<2==6BI4:>>6=77=C<5;(DB:>A7=<?@<>F:<><=?>E;=F:=G6BC.D7A<>6CB<979924;9F82DC88<?7=:=6>95;7E?=/H88>8D<;???>=;E=+,8.:JD@?-1@26@;;<F;GF;EG>>4879H><3?<@I4=FB=D2D<4??=;7C:;A@C=<@@DF@A=B==?:=AG-:C>>@<@<A=@66D>;B0EB@?:B>D?=<;<H9?>8:@7;D@3E?%G??F=9=CAFB@7A@>C@@CF=F3C=>D7<?>;=EHA?@>?D:A>=7DBC>;BF8>:J;=F2FDI+@K;89.>=A;G@?87HE>>;<D?>A;8E=9D?6:@=BIIBG@@CCD<AB<=@@:E?>C7KB:@8@FA9@B@BI>F??<G69=@K>DF;C;LEECB@GF@@H<@=BA;CCD?FJ:@=8<=8EJ<A>CC<6D?2=<E=<C=FH>EDI?CC?@@F?:?:3F<I4>JA@I3#???2E:DA/G>?===>A7@>:D?C88<@44<A@>C6:?076??GD;4@=0F0B=?A?B=:C:-@IC@>B=1;??:>F?AB>=>7<>@:BB.*E>?DF6:;7@G<,=;C=<7<9;88<>;CD>??@=>3>0>@D@;?<C;=;<:BI85B97J,?E5@H15DAFA>AD=F85A?@@9:D>B>/99BC=2?F?>M>AI6DD6A?C9@DEH?CB8=27=>:;8D:?<?BO;3AB?@D;6ED<O<;>@=H8;0N<=@?E@DCJEJID@HEAA.GE=B0ACI<1FB<EFGDED;G?;=GJ2@;@F;EA>JG>F9GRBJ>FJDF:H;FI@?BLE>@;B)QEFBAD@H:6C?BBBG>?=KBB<C7IHJBCCCGDCHEJC0G<EACLFFM;DB:?AF?>6H8B;@GI>1C.9G:C:F<@CB8NH?HB4JD79LCMICCB@=@<5AJL;AECB<53Q7E>?IALN:B;<7I=E?F;D=58CE:BACCE1?@F?ADF<F?8DM?8KA>6;:BIE8?CI9DH@.DD:>AED==;@OB=FO=?@G8>O<CC9C=7H<????<CAA5JCBH=AE>IC7:FCDA?8==;>39C2ALCD=A:>B8EEH<D=J;F?IRFFDEA:'</=808>A>KC=@B9<@=AA?>ADB>::ACLBK29C>B@4;C=>;6BID><=ACABBEH?C:A8E>4D@?Q<:HDB@:7C=C@>BF:?D2HCZHDD>EJ6?;H<<4<CB:F3@?C@FG6C=?=DAD25E>=6@>7D?;DH@>9+?<FIC=??;G@>3<;>C@7;M@;?>5D78??>;D9<?=??N;ABBGCB35;@=5G?=>@BC%48B=@988?9::<?9@27E4<5::D==9B6=3D:@;A@43@A56?,ABDC;55=AE;=13;BE@:@=@E47@>1:@CCG?;87CB6BC>8;<CM84BCB>H>?2I@6:F:?D>7AAG?FAB/@>=5=0FBB2>EG9AC:-9?<I=:9CF=<P>@:J<;/@AF>3@=BJDN?4A;>B<B>;C@A7L@89=C<FBD8F?;AA-8G94B669B93;CCC?BAD,<3;<:BB<3=@A7?A5A>=7I9:>3?C>BCAD65;=/IFC1D<A<1?:<6E2<646<>5:AA?=4?79?B;6=5EE11;FA.=<C<D@?3H:?;BA8C=A8<?=D@-<B@EEK<9CBB;C89EEA<A:BE2AFBH?B<?;EB1><@>;>B53A2F?@?C8;@B?9>C:A@7==<G@>C=6:7DK9@7-D4EE9<86>>5BC<A7GF?I@<=4FDA<=?AF<+>D@A;:9E8<=67H=@??B=@@6>>D8G?.B:9:74BG95E9AJ@.BF:6B<AA>?=:?:F@BD?@AI:?AJD=?G=,?HD?<B5AB4@G=7B<??BIF:9DB:6@;6GB;@A=C96>4CA5E:??@<C=;2;E;?B2G6<:>>>6?CB;J<<75BEC@?CEB@BAGC;F:DDC?DE2E>?3I>=>IB<:BBA>3/?@BB=A8?@BD?=7A?=BH<D?C:A94@B<CA<@;>G;=>8<8<?5C39)/?73E@?BB689>DGA.<=A1B>ED>GC:<BL7=4B9JI:C;>D>@=;9<7@F<498F@FCH4@A;C:87@D9:-8GIB66IAIDG??D@A:<-3C3<4?9@?A>7>>C:GDC5D;=>:B<@57@>8D4=B8>B?88;;CL<;AE?H<:IBGAB<<@?6DE?B>>B>>EAEG>.?7:GB:CGC>??=:?>FE?C=?>D4EJ:BJ-A7>BCF=9C<>?B9:>@0:?B:C8;<GAG@=>I9K=;C-DBEGAC?A@/O<AC8A85B9B70CDJC=C7@9SDA72&@B37JAKD>=GAECE>F9FDFCD;C9EBEFH?<8BF;F5=AGD9A@A@AC?HF@A?<EA@HD0AGJEBI>ADBB>ACEA=AD<>CC:<GJG:D>ADF@A@D?=:@E8?>4@;EBB=D=@=FC>@@@IAI@EEC?DD@;=;@E@?;9EF?BAD=?;L@FFD>EFH7>B>NH@HFDBL?A<<8B<ECKA7?E>D268:@6;EC@J?;;@>C<>QKC=7AG>83=;E@<6@7J>AFAJ9<CDEI>LL??>=BBHDB-AIKE;7G82B>I0A@>I>?,@DBEF==AJ@@@6+D?G====?BG??>9FB2AF?@CG;D7;-J<<=>A=8N<B<=,B=@E8IB;H2I:9EF?R71D5>>BK<;D33F9?KHFC1?3>7I>;?A@:K+;4C7;5C>>EHEE=C<59;?B@?J>>DCA<::@?D@B?@DAG:@5>A>CA=;><C<>;>BEOG<24@E>G6=A=K4@FB1B7D>CAFC2A7>?J;<?JC;>9<MBCA@?3@A+?AGA5C@;G?6D>:>3B88>?@7@I;@<A>9>@A=B@B??7@>>60BCEJ;<7@C6JD?B;DD?C<6@D>=K3A7BA<B>;E=<>FC76A@:>>6QDD>@=7C@<91A><@.5@@=@A@;B,BAD@DAD=B<EE?CA:7;2A<B>EGD;F=F87ABEM?>@E8A;1D;=>>C@587BB77AH?CD@>C>B;6@B>H>;9>@DE39@@;B>2F@>,K1</IA6:I>>IN87<C58==>:A19<>93B?D84;DFC@;8BF*:FC8<=E6@D4;<<1=D21<99?<;5:;:AC@>A27=;@@6D>:<@E5HC2,HE6=DBB>B:@?;;85<CB?C,7GC-><;D@GIE6?FC;DD2G?55<:?6A>B4>A:I??C;:/D74:89?2<DC3<?G=>B85=8.75@<=:;@?AA8=@>B@:F>8A=E9=@=3<B?H9>D>;;CC/;3<?5F.B@;=<D6D3H>:;C:;;DA5AJ>/:5>:?C2??F>9AAB4>7889@2<<J:C;8;55@;3/<G=/B<A@A7G95;;26?=FG*D/6@EF2>EF.E=>HE0C>;BFD?297@:@B@B@@7=@75D5A79@D?<DCIBBGB3C<A>C6??A1C?B:?F;E*@C;2@90@MK=F<A?:/6AD;?8D;B;;E?9H4=A=FB<5CC3BC>=A/6>7I>D97GC4@HCB3@B?;<HC;H;C<>=>9>@@AF<C=9A8D?D8><?D<7B<AF@<@<IA><;9=?AB@:=:A><?K;7E4?;4A?HF4BCD?=?<B6E?1B8>C?8AB1CD<<<@D3C=E0DD<?8?@@D=:=8:C9G:7;BB7E8@CB??C9>==><BD?<;3D:C?>@9>CE7?4;6=DAA@D>8:B8DF;7E6A?CBC742<30A7CCB57<8'8?G4@?@55=A>E-:C6:;096A=>>?7D=>>?=>@B;1;9>ID0=<EIA@D;9><AE<8H66CA@7G)?FGK7?8<B3;==J@GH@>99?=F>>D==47EB><<G;A595C6:=71?9@D9KH>G:EA:J7B:DE@GJGJ?7-:FA8D+C18A@@@7BB;E;S:6D@7??RAC?C9AFBAC=??I;?BC7H?CAJ<HCI<9EJ?@>76F=BAEBIDJE;>DAFHEDGAH?CCFFD?DG66?=C<MEFFFPABH@B<EK@B<@6C97FDFF<HA=C@F?I;D82>FICCE5?<C>1IL07KBF<L=AG8;CMPFJA2L?67CB>F:FME@:GFQJ:AG6>EHG>=<>A@4E7?B<G7=B=0BFD==GB@AD@CF8D@<J5@AC?FK=?<GC?NADD9?D?9@?;CGB8@EDEEFAN19=6B=C<BDC@C@6@>;@>?@B1=AGE933F2DJ&DA6>G;C8=B-7DCBA?<6FKHA7??C?C>CFDCB@<<>1@C<68A:>ACEDA=?I=HC?;EB=99@AI>IAME:;=8:<FCA:<=<>5:H?*F@A6G::DH6FBFC>:>H?>6F??4B=<AB63,BA-3D:;D?7EI<F?J;@>@@A?E9E??:?9AC>7EB>A;JE?E2<?3@E<IH<K;B;=;C>3:?F>H-B3B3B<?CC=LQO5C@BA@?<37;=A?;@?5:BDB4;GI:G@<4??1>CH?;I@:4=?:8>=7AD9L<?;6:<A=:/9=N<E96ED=8<>GE9CIC@>?H6F;GBA>4C:J9<I>B?E=>F;8B(=;@96E?9FDI@>@E<6D@HE:8@>7?ED8??A@64/AD=JC;;:<<>@1?=?C/DC672EB>8?AB4C?=C:9B;:<F=4:;76<B>?B92;C<4?;><E>E6F<7;G<AD0AC7<=G;E@DB72@D:E=A<963;?:E=?@?=D@7EE@D8C>5F7><CB:=7;@>=9BL=<2H>7.(:3A>>?9><D<87A?LD:;IG/?D<@:4;=?7=;8@DCDGDCAC95<A<;>=DC2/?C:@:>B;C<C?HB:8A=E<FC?:;>?>H=8:>BF>G/@BE@C03D<B>8??:A@?>?>>?>6C6:<=<4@DGH;8:;:@B9A75A?=3??CACAD;=F1A:<?;85@B;B86EC@>8B?@6E<:<7AA@AC?B/AA>DE8=,3@=0:1:4?<A<;94A?C463><:AE?EIB=?>3B@@<5;;;AG8>=>??@HDE=7=95B9?B83;>>=69,A>BB:3:<;5A3CAEEFDBFA?C9E?F/A84F=I<?K.:>0D36?491;A@A>J,:<@>7:7;:H2B@B?H@B@96<E&?9;8=<?6?>>=:8?A;I79DA=C@G1<;85;?B9H?B5<<<CE:HFC=>;>7:I><<;>:8=8:IA;AEF?4:;2:@>=DB@A<@4BD>)ECCHJ=:F=A>@?&1<EED75?6C:6I6;;:8E-AA>BC9;H>?>>?GE=?A=5=K<=;H:/6@:BD@;<6<>KC;FF9;=D9=>?CFC@9>B?:@6<<E>>=@F=;;<C<7;8B<<=?DBA7E?E;==<@=7H;=A78A6;D)IB;:@5?>A4@8@G>?:??=B<A+:E0C?HFA=AFEC@>B@8<?=>4BJ96?>A:B63?@1A;FH?IEK682>B2<CF;;I1?3BB64EK8B1H2D?A5BAF=28JC:@.CK;A8KD7>BCDDE<BBB@AB>BBC?DC9CC12<A<JF>DDE>EL8=9C<(I<<057D<?E?H<CC;BACED>>;AEA;@=LIAA9KEC=@E@7?A@AD>GC;=B=FEE5/<8=H:E=D?CF<D7?<7D<BIL::I;@HL=;C5HB@<AEFCEC98D@:;IAI=>DKDD:@8A=>AHBD:C?FC@D>5GECABC9FBOFJI=E@GCC@8.A@A8<IA@CE:=;:3H>H:EMGBA@GIE3PJ;502671@L<:EF>A?>>OK>ED?IEE:DBC>@G:AD@76?C?6CB?=;M:5<8FGACGF:A;H@>CDL>F@C==C>?A:7@>GDHDCB@DF@DB:@BDAF@<CDIEFBA@>A4.<CE<=JLIID<.E=@:A?==AI?B9TB;>B@HE;D><:FOT>DG:FDH@6E9@<BC(EIA9@C;D=AM@2AGC>8NECDDA;@=0CE9>B:@DFF@?B:>:CA>M?@>A4?=A@C;5B;<E;;?1;.55GL=A:85,E<@=6>0CFBABB6:L?B827CCA;=:>@AB6DDA@A?H:AAAC>;F;=?@@DD?>9?F>5AA/;>C=DAC4@C?AE=3@><IEFD?CCD9B<?:B?CLAA7CBD@:1>A8A5N@>:=2BDC1@@9EDF498>CP@2:.@F1>FC7@4(B63@CD:;E=>@6F<A?@BACDAE:ABEGI<1=A=D3?E=9E5??:@=4<@B7A<:>AE=>@@1:@;E:ICBGF4<=@=4B=7B8IR@;@>4FA;B:E@43899?:B6@<;G4>C?@7=2<?BD8HCL21<67?76>D<D:9B>CC=<E<=@;D>BF5<;3<@?;E;D@F+E2@>H3@E?34>F4@=GD:==39CA;19==>>9>@@=;I=-D4C3::C<9A4AF<2?H;5EGB9C7C?H>B:@?F>C8;?D9C@H><@@@;/0;<2<??7>=A@>H7@@?98ADD>A.=9==9@>I<A=:DD4:=CFA60C@>:J.8B;?D;:@D@EF<=??@:=@CB7>=@6>A?;@9C=>/B?A<61@@>A;;8;DK;EB8=9@5G=><>>68A=?>AJB:2?@HA<@C@8?F<1AB?C@=6J>C6=@>D@:DAI>C=:AD@1B;?B=D?>:<?A<G5@A7@8.9D4?E1??><B?BGB<,?>5A=;<:7@4G;E6I@<?9?2>8=??9A?@C@@=EGFAE?=?;C@6B:<>@>;<=AGDBA;48EC?:2;:;=9B=C=J5444F@BC=?AC0<;@D;>>CDAD1BJ=CH/>BBF=;D>:7>F=@=686;>E??)B<B=D;G?;?GF>G@@@<B/BBCEE>6K7@;IFCD7>A=/C:A:5>FA=77:1=?C>AB=;AC>:EC@F>/9DE*?4:C2A9@DEIBIBE;DD8=B@?CFCAB6BFI=DGC9:GD=BC?;>?DD9:79AB=:=?=5B5C<=>J;@5@49B>??J;A?D>7@B>:8><H<ABE?CA8<DC3E?D9CBIA;;=<:I5<9@C;FB@@F>9G@?<@D.;>8DC;B?<>F;>BC+:?D6B<;@B:EC=CB:=D>H?=;A5=D?;85H;<@DHD4B=>D@>=<B;;9DF=F@:6DIACKDFLH;?3>H=:@52>AB;ADDED7;A8;<:J@0=>BBEC6D99HDHC=@51@>KAGD:<6A::7>D7@A?7A>NRb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xsJ=1BE?AF5@>C@=HAA/FG><?CE??<2E?@HCEGC;8A=;?AAAB?8F9?=IAA,DFC>@<BEC??FCC>6GF7<AICC>9>A7=EN93AM=HBC>BJ>;F@F>GF=D?DG:CD=FL>9;A@B;I?I>G=?H>?B=B=F>A<CQ;@8EA'F@:@JBB9?<>=HNA8ED:B@NFEJE=9IET=4I>EG<EDFHD@C<C??=?C=CGH=:,7>3I<A<>@?7CD::CE7C<C@=<1H2=366C?;C?09F;68BA=G@:>@M;G>6BGD?A=CA=':;1OGGI;E69?;;0BCG6PED?=@;CDCGB5BBFAF94n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n•xvTA78=9BGJ@BD?;BA8G>D?A2IC>0E?<@G?89EBB<9>A:<:CF:B2=657CK@9H5=A=DDABF@@F83A8DGC=CE:BC@CA>H=G;BAAM3J7B:D:E>KG@;>DCDGIBAAG1>CDG<@C?BE=F95E?EB;3AIA<I<?J7GF<AI;FC>B?AEF@BI?F756@J?@37F=6??;AAK:@;8@:DFB;;6=G9?<=EDI=5EA;6?:.FIC<DEMBL<3H0@=5E6:=>7@EGF5<CBI25<FF@?6C6D@R=A><?7<)A?8BB@4AE;<:FE<C<C2>?76FD>7@ND5>@DAG6A>I=DD=BS_ua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ˆ™tmhJFKGCSG8C=G8:@:<JA:D@9=GC>I4DGM7B5BBC:EFC>A@?KDB;ADCBAHCCA>>=9ACC<CGFDM;I><H5HG=@@K<;>E?>B<:E?GEEA;@KB<:<B:2K<>>H?GDGE;G>B6>7>A<B>CE4EEBCCGFEAL>EDECMG>AJ;BH=BHHDE@A8EF=8CC?=GD@+:8?KJG?=G>B>8<5G;<4J03=%6HG;I=8A;B;::8>?:CEDB6G<ME?H;>E8C;F:@>@A@BAAEM;<G>7GBBC?AA9?E:?:B3ED6?=DH?>ODCAC?GKA>@6GMCDC@:CE=EF6G>7EHA@@G>V‚ƒT\CKE9AGJED7:0D==C>D8>6A?:F@HBIEEDE@=J?:A?DJ?A>?@7?EACGE57CD6<:>>7?>6<>608>K?7F93F@@@A5B?G@:=?B@D>@=A@<G><BAE=D7?B?B4AF@AFHIE=E88;3D=FHDA2JCAC0:74@E=??>B=B?D?@A0;B=;?5KA>?6KBECBA@J<AC-<75H@=;G<A@<5H:=D6.:5D:.9B>6=6=;9=D9><A8E;@KE9@F=82>B@K87?<@?87=<:8EA8B@9<=;<@@:-CA165D=@:B=EOHE:;;9;$<25@=6?C@4><DF@D:<,/>2B:@<%3=<?;?G:?CF?;G<>JHJH;G;EC<AD?87E;B>CEHA,:H=A7)9A@?@BEC<A9D:@D2>0ED<DEB=<=7@H?AL:@>F@>C?;CF8D8<2@A;=>DC9G8CE85@?2C6K9;9<=<?<A91??09:@9==@;=A;<4@3>@3A;=CA?-==@<9<<A@==C6=@6C8@;=D<=;-4@>=EA5??8;7:<>9::A@1:=3>B<556???E67=@+A>:=9>:=CD@D.@:;F@@<@=<5@=@8BBB@G>A=G?9AB?9@,A<8?C=<=CD>>A8@A::=@>=<;E(89?;=64==<C?=>>@AD>EB:>2?H;:95:<:G3;8A>86:87B?:97>2;=7:0<=@9?G<E;@B:C3?8;<9?43<@.><E;/?A?BH'HFE><86:D2B<DG<@?AA::AAC>?C>>D<C=<BFBA@=??=A;=83;:;@<1?:=@/8:I@FC:99C:A:A3=><EC/A<C<>88:7IDA.??AF;/<:D<64A=9>2:BC=JC>AB>DC=:9EADC=:4@B<99>@>:;:@B>F@E;EAC:6@?8AC>5B6A38?9<AA?2B4J>AFDA@@@B9A>?8EEB<:CA?DB:;?7A>A>@F@A9@>??E@=BC?9C9>DAFB>G@A>D=H.D.:?>A<<?@?<?8A>:>:9@:8</>;;=7BCA:=>D>15AB=8=A-)3A8=58:C:?@@-:C?>=H4@MFC:FE:6:@2:=;B::?<?89:@88=>5DEA@3D=AD>E6>>E=<B6EF?=D?9B>?>5?A>6=?EE@A@F4DB>D@7@C>?AA=2C@6@>?5C@A>>1>=<=FN8=;5>7<?@92>;>?:7DA7=FE:D46>>6C7A?=AGK@ED98A@>87BA:>?>6AJGEG?D5F5><==68HC??>4LPD<<?EKF?6DJIEECA;D>JGCKH:HNš¡�gQA3<EBGD@JD>@>F6E>=C7@IKJ<1KE80AECP@@@@2=?I:EE8C6>BRD>ERJME;C3@J@?HAI7CAGCG8<DFJB<@??@GBBCA<@;JAA9B>BND8D?7?:EDD???DC7<@>=?H@82;=C>BEIJGAF@C>;J;6G@C@L<IE6><;7?B@IPE;=AD?;HK;JDHJC=G8PBG>GI@D@A=?2A9ABF7J8L<OBBA@:H>F+F=E?E9H@=GGEJJF61;FHH@J.=4FEF@7?LDDB0E8F9=C=A@<:C;G=B=?;CJR>?:CB<F??EB?BD<E]I;FN@?AG>5@B@<<?E;E?BXUŸ�v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d’~TBD8@@?9<C6BJ34;B;?=,?EFE@A=FH5DHCNG?B>ICD>=AA8:=:HIH<GDC?6DAM5KL>-?ABC@<CE;8FB?B@EDDB:<??2E<2AC@C=E@D>BG5K@E.IJCJHGHLBA?ME;?C=J4?A8H?C>=3KGAGK843H<EMCGH)G:@H<KAFFB9@8:1C8-B:B4A7@?;AFAA?:JBAJCJ;D=D6C6=G<F9<>GE;>;::A@CJJD9DCGA;E<H2@;AC@L;G9CC0?<>A9BGB&HFFC<=@@CE;6;@:AC79E2?6F<@EF@<4;=>>E;B;G<AEN;G>>C@DG?L?:@8CBEGTtŠ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`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e<>BBACBC==I3CEFA;?/C9;1E@@>-;C07A1?E<7=8->8HE:DC8:>E>A;A=>A6@=DC>@A<H9DA-E@A;:8><<F?59=@85C.=99?<=4:;83888??>9>B@K:<==6<DA"@1B?=C;?EEBG?ND=CCAEI@B8?;.:12G:8H:5<<>C<4D?C>9G/>=4EAAD>47O/AB:D8H>=?>B9B6/D8>BIFA>@;*C(6?7;615:3?;<<D@C4>=;B:F;D>B?=E/:;B<=;@3=9:?E>7F>?;@E8;C=>E@/=5;@6=A;<=DGC4>@62;3>A3;:E@:?>;ABB>;A?DDB;ICB99=I>7<>C?B<82?88A=F><B@,<>,7.5??A7H3B;AD/9D<=B@;B4-?2<9-D=@@>5=:B<8=L@>:FA9;J9/90=<24=8:==F?;>D73B@9<3B=FB==CF3?DAA=E@C=;B9:959>?1DF?63?A/=5?D4?A@8>>>3C=@?;@::>B<DCG0C>=<OA3>@EB@5;<9<;@B7?@2@6E>>A=?DE.2>87F4B?3/D=3B:J7G@=>:3B398=78:A>.@@E@F=5846>61@04F>?>6A<<B6:;4?:99B=F@;5>>B5D4D?98996=>?;5B8>??:A:B>.4:=>??@??2;BF7B12=:F?9=F9;F?D6J9AC>>@DB4>:7=7:37A4=:.9@=<<E@=3=:9+:6C?%>E6@<;+@I<<@9@;GE>9EC@>E;>;:<F:A<<>C>;DB?=A:;A(@A0<F>98B49;;67<><6<5>:E<@E<@E:F;8=CE>ECA;=19B@;3B;B@4AC>?88>->HF?>7A?EBF>5B=<@3=<D>EA@H>46==C:E7>C=7?>@?8=<7==BD8>8AAMAF?8?B8B@;>;?ADF=>AG9=;G=DA<HBB:=@8;B?:IB@=0>=@@@:A:=6C1/=?CA7G8@A?D8CF;?DBA=7CCAF1BA:;7?B?=DA9G=5?*?@AH@/GBE.<@;BAFBD=7=33A:BFC4>?3=>?AE96;<!@CA73B8AC?1;;>:9>8A;B3AEA=@><CD9<FC;EA7>@+6>@@;7T?A4;B4C<A5KB@0:5<8B?A>;;=A89?3AEC76C<E9A?CB@A:;D?FB=A<?<9?@B?9=<?E@636>F79E:@2:@=A@B<><<?:?>>64<>B96=:<:AC77;7;FH?@?>F@E@A8;=CB?C>LF:A?;C>>A?BC?<B;5E?G==@AK=<CD9OFD>C993CD?@EHD;CHI><K=FCC=5GBBCD9D2@>I:>C7?=CCEK<A>JD?.ED>J<:G>>CAD;HI<DCFF>AG5:J7ICED-@>CA<A;@A<I>?8GEHH@?8F=L?8@E@B4F;:@;EE?:ACGCGEA;AD5E?B1=D>HACG9FF:<?J@*><F=H7?>;@;=CG;9?BA;DC??7>>?B?LMB==H<8C@BCBFD>?C>@K?@@CG<;J;C?E;>>7:=B8BJEF7EAG???=HC<BE8@?D=I=E@<8CA@@@I==??DA<B<;E<FBFC7BE95E??B?8?<<=GB;>LBI2@9:IA<@G9CCI<D7<I>;6G:4>B@<2M6@LGCB=G@D=B<9?4B4>AA:7:D:;?@;@C;DJ;6FD7866FB<:C:@:DB=D<JA;F.5FI:>B=6A@'@8?ADF9>;>/7HC:;A?<=B<?9;87A05C4:D@F9@;<?3BC?:=;;C:C>=B98:C8?><E:,;<3A;/H5?<0<4F:>FA;@-A79B85D::25@E384<44?EDD48#8F<I;@H4BD3;J?DF;:D@:EC>=@=>AH::E@<0>A:DAG?@B;?>DC99<5D>9.8K0?:AA5<?:7?@?H27D?6B;4@D</;E:*DBA<DF8>@A9><=:/D@<:HA>C27E7@@?D:7CD<G:<F@9DE;:@FA;>FD>C=B?>8?@@6?JC?IDAA;4/)B<F<CBBDA9A<=8<CE8G=DE5B=A=E9=<B@<BABAG>B9<ACE?BD8???9A88F?7B;???5@5FAC>IA3/6AC<A>8A@?IFE?:3;E>9;4A>E;C;@7A>CGE;>:FA6?C5<7A?<?9A:B:I<?;;/??4@;5<?F4?6?I::95A<6BBA==GB?=BD*8A=A=F:?7@@5EHCBB;6B9?A9:=.<@<?3AE:B1AB><D<A?@=E?C=>6F?>@>>AE=7?;@8?7D?9>BG8?<;<A=8???;77C:@:B16>>6=A7FDD-5F?9=98=.8@GD=G?>:FC?=58A8C>B8AC9A6<D9>3D::8=8=?81;;:B<9G7?E09C9<J@B>AB?A>>>?AI8;67<7AGE6ABFCA:;H>AAG<>@6;:@74EA:C<7?;G<==BB.A@@A;:A8A<6=D::?CCA:AF:@:-=>C?6;?=B<C;8?>>F@=4=DJ7??9??A<>6B=@+??A7A?EB?@7>9=E<B9>=3A;:A@<<4?A@>;E9;CADB>@A<C9A;7?95A;9>@B5A@F9#<<A<:<C7>9;A>F?::?@;;A=C8=H?:?>><CBAAB7B;?:21E5>@C9@7?A=4>BI;8<A:DC):>?A<:<?6@9A>FGD:;<5:;>F@6@5@DFC?D;;)D3=>CHBA?7D<A@<=89C;:<6A:H<A9:;G?FBEA:;8E>@B@B<AF?F9?@3E6CB@<B25;:<?D;A7:?3A@>@?:<8<>;A'?AE7?DE:A9D::B:>:@7FA69BBB>IC82;4=@:2?9@2B=::==872>;?=F@4D@>>B>C9<A46B==:88D7;<F<>><=AE=G?7@7@D9DB<:?G6FAA5>LDDCAEAF81<;6BE7:FHDBC<H?8H@;8G;AD7B9IEF<9DMFL?B;IGFCBF9DDG?CFJA;=TH8AABLG9DD:?BO:91=E=G=4@E:G;BAE<BADBLGCF7B@9?><CA?;I?=DH>;=CF5>EAAG@CAAP>@H7<=A@=8?>E=A@;@1A:KAED>E9EI>?F@RFA??@=E??JD9>GLCDI=7EC5D=@6B?8;=A?8B>@EB;ADG::=?D:BDFR<D@A9F<.B>:=GA@9I9B>7B8@@3A6@BA<;D87HF;;=?3FC<:C8H@H>=HC7:;CC?D4@A=8CF9=OOKG7E=HB<;GCC<A<B?8DBFF<AP>BG?>@@>BDBF@@CELPGD,D?<F8?D>G;?A;D<;=D9@8I@A?E5?><7D;?II>BA?B2?BB8FDC=E0?AD@4?B;3AHF@<7=8<6@99B>>HC@5::=7?=@I<9>CF8/C>,9@D8G6@<$;H:FOAF?H64E/<BA6@<&<;DBJ7><F;C9>D71>/<=1C=C>;=C4H;-?7:=7?GCH<?I*>@7<68787EBF?B@7C9>2:=CA9CF6=K?B@0<6A@F=@:E$/=A==;)9<53=<2>9>C4@:@?@888<C9>@CE<C<BI=>@6><AG1=;A623?G:>A3=A;C?GOJA98A7:7C:::>A/>B>BAI>KBA@D3I=;93ADBHCC:N91C@E<98A>C,@B7A9=@::7HI@@3H7?8GL@:?>=E=6>@AI1<A?367=ECEC2AA8<5F;E>889>>;?D;>AEDB;B=CI51;E=C:3<;@F>=@H;4<F<?B?B=98G@A67>A@=></G<F=:@C<EE;D76>?:I>).GFF9B78A<D;AAAA>BB<<2?>?9F>;9=B84>B893?:CC0H=;AB>>.K<=3/8@A928B:59?<;?D5A==39>:A>:7;4@>9>E=AD:94E?E><D=8;=9@B:FAA=5=G?B6CCB1;=DB<C?6;@<<>>9H:99F9:EAD3?F:?@>:GE8D@<ID+<=8?5<:A;.?FAA@>B>=C>4?3JA@<J@?9C86B?=;;:6@7G;38H?9:==<B<5?8>?CA@E@=:>F?@?9>2@><C@*8<ACEDAJAC>D9FAAB995=>EBA@20=.8?E9>A:<44@FDC<E;5:79D8@A9A9>@/C;<;BAA<92BG:;>====D97B?@9HC<<=8A>?<?38;<G<>9BCD7<:D==>C2;B@?<?=8?@J9=K=>AHC@C>G?A:=I?@<>>A=<I64?@CA>??9A<C9?5;BJCDF<C>7;;A8*?9:B@D?G<>KCG79A@?;BD5?CDCHD7E=E9>A;4>=KD64@;DH=@/6=D=8;8C1?C;6@<>?9@8:;A?AABA>5<*9C>=5C1=;;?6DB@H6G?A?=:45@E8=D9,==@?7;?:??8A5:B;@?=<>A>DD4:?@6A<:@8I=A<>>;FC9=>5;86)8=>4DQ9@:=7A:A>C:<>;C<@??F@9>8;3<G:C=;?@>9><:@>=GCE3;5?4#>BD=>D?9A<=CE<?I=F8C@6>;<B7?@:G;<;9BB;BB9A>A4=8G=47=<BC=?@1:;>=D:@G:@GL;8>B?F<6B??D?;=7=A@8AB:>EDGB=G;>BED9B>;@E>CE763H,@?5C9:1=%:H@:C;8?DA?3:;<1B>8>DC@><CG><7B1;8@>94CBE5AEIC8C=6<?7<A?58E?>HD>BBB>?A6<=B>14@E>>A?<@>:AC;8=B9E:D<9898CA:J@CAEI:JNL>E=EAG?<@A(L3>A9>3J8E@?@@B>CIE>=>?<GC@9FL3LER9;0@5-FFCD?>;?;FD;I7BAA:B<;C1:AE;?A@??;I;>?:8&7L>6>56A=45CMN@A<92G<>CCEI@BH@H>A<7=G8<AI3?E:=@=E=5:@4?7DBC=34?6A0KF=3:4B9:ADAFBDAFGQ9EF5@?D;A9D/=A?54=BF=JB=>J<GFC61AO=@H::?C??9@9;?9C:@=):ABCC?=A7?:>8>8=46?IJ?@<2;D5IEG9<>?ED5DBJ@B<6L@B>@E@@A<E<B2;<B==I4=A:>B@;3?,<BH6D<;<??>;EBMIA=5B>=B>@AF=6ECF8C=C1G8CG==D-5<@7EE=B7AD;AA<@8?C>>A>/6DIDF>B?:B><9@@4<E?@@@>>B0;@@C=3B@ADE=6?9>I=:B8:6>:>7:AAEDICB3B9GB@;6AB</49<>?@19=B><FCDA7C=C@=8<:><@A<E>FAF@>1D,A:=D/4>=:<0=F;?4KA:AA?@79>8;7<:48B;:39KEGH2>7=?@E0<8B=HF@B:@4>E-B<5AC=>5C;B6;<N1?8D<A:@ECA75BBC<A>9D0>=<16;9>?E?FCD@?6=<ABB9173===?@A==>=98?7?4;<H>D8994=>;;=<8;7:=@;6:A<28>?9;8F3;@=8'?E>:E=E/G2@9H35C9?8BE9,C5>D>9A+<>?A8?;B7;>E@:>=6CB@4:C5<;5BD=:F9>;A?=6C==?C0EA?;B;<DD=DC*<H3BI-;6:4FG>A?A8>B3::?AIA8L;;@?9><E29:+3<G?D<8=FA239=:?<>;DB=:5@C>:B=49:8E.J<C>HD5=E=3CC>A:B06CDBCFJ@@1=E91CB8??DC9><=C@BEB?89/:?=99A>8:G;;<2A3<2>@<8=@:CB:<>=9AB<G?<>6?G:>A8?<A:>7<>=9A8=C<E=?G/G<D>DDE4F?C@AA??EE>6D:CG9EG??;DBBKC<CA?=E>=?BE49BE<>=:E@BDH>B9:F@@EDEBEGG<5=FH>:6=:::9;@AFD>65C9<=?A:=<BG?B6?FEAD@;NA<@FA;:B@AC=>G>EJCC;=::8FB:>7B9GD@3A<>>B9?9CG?3JB?ED@9C>:>A<8H@7;@64C/7:B:(@D:>>95>CB2HE?<8057BB955@A8><3A@BC?EA:8=9G:F><B@4GDA<0D8>=B6<8?G0B<;;@9B=;?D:8?A4<C?:3:4<J25?>C?@A78C=8>?A@>6@2?FBF<D978;HEBACIA>9G?6C<9>=6E@6@<=AB?)?@1>B6>=2>G:5AA?ED=?D=EF?AC9BC@5;@G:FC=G@;>3CF06;:A36<?>35@9-6=D=A>FD;EABJ;;>S>:>FE?8>76?5BA;C<E>B4=<AEH<0F::J==;5DA9;?=C<E9E7:6<=BB5ECC@:?;?D>G5?@9@F;@G2EA?:<A.:AB=C@@B@=AE9E?5F<GEB>A5EAC@B/=F@>=7<7BD=C:@FC8?7<FE=<K7??E;F>;<I=<CH/=H@F*8HDJ<E==F>C>8J:=:C?@A?;9>8;CI<CE:9HNHAB5$KOHCE?DABDC>JABAB;;>;1DK;>=,?9@7FEF9<H81A:G>><=7B7@BGAA5CG3-C40::>CD?GA@6CH?J>EE?<=5;>?DBK?CF9=J5A=9H<=<:1;:F2?D;GBE@BGB95ABG@:<8G<C.?HADA8:=6FI8H;5?<=65IN>8F=A=2DCI:59;?D=D><?O?:<A9B9BBCA<8>6AA:DH?>63;L=F>=98:@><E=<8ECE69B@<E78?BBC9>E@=<LEL3=F5=/?H8D<?BB:>A<HF;B7B@F;*@>@<<=@AD0J@<8EC@H9(@JH;A>E;DA=;>C:K<?C@9LFICCAC><7AJ<?AD4?<>07635*@>>@;9A4>FGC:C9A5>==G=<:@FC=6B?FA=8C@H1<6EA?DD7<0043D=E>>>>>171C;<=B=96<5A@3:@=?:7;=0?6G=49@A<9>E:@>@J>:?9>K9>1<9AD@059??,?E9=8;;D8=@>5?556CD??166/F>8C7LI=4>HE2BCA>H?8><=C@GB<2A@AK:BC>B?A<0EFE9:3F<A>2=B.>?>9:@8E@@D;?<:8;=E4;8-<<?>K?AE8D91?</6?:A:2>@B;=:C;1-AE@BCC@@<9F1A:?E@;B;DA:9>.>;6>7B9=3?,95A6:6C@;>D5FA:=64A@6<:<?;K:FB4>>8=7@>C,9?7;C><A6=@CG;>A4:CE8N;:CB?;4=9B;?8C0=BA=@2A>AB9@=48B8=:;<B>BI;>8??4=;>:=:?DDB?>;L>?=58;@42A>A=@=3AH>B?@>BA6@=J=9CH;D>;=AHD;;?AA>7?6-=8ABB>:;8F?J84A-;5<>FG9A:<C>@CHF?DC<=<5@?I8;<.B9<EDHBC@<23::H:A8HE@AD??.:5;EH@7>AE9B;?8B:A;<86>9?BA5<37;5=:3A<;>?GAD?JD.:@D5EC?7@=1@BF8=DG=?BB-@E@A>AF93@><B;?6<ABB9?A@7?7<7@>=<D:;:D@ABE>??DA;?7A?)J;=5C77CG7:>>EFD9;H=6GDEDIGD>>:GDHC>?;DF>7B>A9?B6?>;@<>CCADA>FAA<=;:H?>=CBE?7:7655?@178<G><<:D89:5EE.FFA6<<@F0CC:B?8A?E;=C4:<>ED8D@8E58?:BB>DK>I>5GF?<5:BA=<7B;3?5=8>E?>C4@B8==D8:A3BF>4C;F?:DA@48:@9F=CD6A,>88C=<@<4EC>A?;B?>A=7@D=?A8B?:7@D:>=9A9<DD<KA?D?:G::M?EE<;B2H@>;??DEBD<<4=3@B=G<C>>@HBKCAEEBEC@=B@>7B<EAGGCAAC@BI=B:?B7<H@D@>?RFD*>DBLA/HCA=AH;9>;F6?:G9;5<?1<9BBH:B<8F?B@D<DCAM?O=;=5;?A@:FBBGAEIC<D7L?ACG;BC9>EB;FG:J=CKEK?GDMFFBEF<A=?H;HB4=4A4?<;D@DAGAC*D=2EA4TA<?K6<@=G985:BK3DCJ?F/=@B>IG8A;8.>DIAD885=K27=DBEG04/CDD<9@EIMCA9BFB??C?48BBG>B>J:=?HE<J2B@6LDE=7<CIC;-?E03A@A>BJGBF7DG?E=<;A?B>H;A7IBB=@@G23;?>:AA7>@=:AAB:@5IBD;@O>?K8EE:;7DBHOCE@<2DG97?EF:J=DC4@7BQIBAED>DA7ABF0?G>>=D:EDC4=:GC6F6?;B@7<A??=C75GD+<:;B58><?5?D1C?DFE@@:+2F@>@B>;CA=1CBF=@G==;<=D.><@?6>9@F:BD:@60@=A>C7@?7?:D9HK:;EHL=$2E3C;;>G>8C?AI<<4)>FE@?@<9F;F8;??:A=0E?3=:?B@7C4>:H9B?0A7J>IB5?:>07=8<7C9;AC<;B>;BAB<B9;DEFJ@L;0@B0H63B8E?L>?=1,=6;=@B94GC6D6FB@<B=C@H>E@@;H0B4NF;AIH<N-66;7BA8??1??AE:>>?2@89A9A@C=AB=?<;>=DD@EG/:6@<IDEA9G6H:=:?@B=8B?=>F>@8?1DFDA;EF@D==AC;BI@DL><G;@H?<:DBEB=<@9BF=E948?;F8A;<C7DE>EAA<B7:DD@HA4D;E9>>=:>C:DFG16>:B:>37C:<:A@::C?;H:>F?;=@:A>D7BBF;A>8E;FJ60>9><F?3HCA;48H=B<D@H?D:??===@?<>I=;<9<>?'@@6DB;8:@B:B8B<8ADB>=B>:H@A9J<B==?G17CA@2AG7C>;@B;B87A<:=;3?;GFBD?CC<9EDA4:?<E===CH==8E6H@3BI?2>;<F8:>:=>=73D?A4@6<A8@>:5HD:76F=B:?7/BI@@A@:E?D@B9=99;C<KAFCA=?@;3A:J7==:>@8:F;=>/98@F?A9H9>*@:?;A<B=5DDD:D54D8AH>LC:C?>=2A@<ABE7K:FD;ABA38@A73<C>E?;<A?3<?B3B@DD?<6?D@@?C?9A@GA;>;=N9<2DB0==4F>=@:HA:>C;6BJ=@7>;GA>?@66>A=FA9A?@?08I@FD?BA><68=DC4<>CC?E=BAHA8;78=@GD>?FDB4??@B;?7AEB?:>@?F<=E7@=FDC?CAACC<?C?GAEGCE=B;=H?<==B@@@C9;C87??8:>;?C;?A?F;=AH<@?G@??HCC/BD757(GA=@E@<D7JG;7@5<GB>=D:@B6*8?3BH,,ED>G@H<<;H0>D<BB@7B>=4<;2:C+=>8B7E467>@EA:FCJH>AF-17F6LJA68B;E=FF;@@<7BEF?<L6:AADAI;:;7D<@97A?BGA@A1-?=G;G>FDD39><B@>J7>C:DI?7ASG<G:@G;F>F?<>ECE<;@A>=>B?A?2A<E;D<;4:;=J?@9=HB@=<@@6>EGB@E2BBC>:@=@8BB<>GAM@CD>C;D=<>?9:B4HBAADCD?H@90EA;@:H@;:=H=A4BFG=AADAC:EAAIH=BJ?99=@I?DI=><?CA??>G3<FHFB?M>DD@EG@@8<:FJ>C7AI<A?AG56D?J@E36H<?BPF7?I54:F=K5FD@@9DGGEICA>5BCC8@;<BD@L?H=<EA@?>@BB@D@AB;EJF5;;C?F@?E<=K@E@<?79BAJD@CD<B7>K;JE=@CF7@BAD@1J;H?AA?CAFGCC9CF6@DB@@DF>3<HCE@BGB<;34AFF=HADA?+2A2=D@D8A.<CD<DFFCD7ADM@6>C599ECBFB>/?=>H@/B6A;F8A@=KA(>C;D=>/8?C?DCD89A==A4CD:,DC7AB@>G>EC?B?H>GE0E>F=6CD=6@8=JH;A9;78CC8;:B;:>A;@F5B8@DHA4@DCGK49<>49B>F@::A@F>C@?>?@?>1C??EDB4BF:.<I643>>9C>GCA7=>;>=?D6<@?2?:@-C>7?=9@,1J>??E4?ID;4//=P>E>D<<<E=7H>@6A><A0;1=;/9<B6A441@CM878854>,H/HA?B>@AC<A@@91@=6BL8@=5A5?<@;CLB8A4?<@:E<8@73>BB?BCD@A5C><A:44:D5D>1=BE;H@=CD97JC6?CH8EBB7D:DDG=?AC685<@ADAB6B<5<-AFCB9@@@?>CF8A?A655JCBA8@;>+;E::;=0:@C?C<A:5B<>?J?ID,;BDB?8CB>;<C=AC7@D<:=>EH)=LEBBE>@AAK>G=D6F>@?C442>=>B7>2@4C89AA>=C>3@8@D>B@E:?@6;;9<CE:GBACB=E;:4ABFB>:=<@2@=@C1>C9A?D54>@E<7?<?6H;7;??DF37<5N1A5F<9.87:3;B'>;G:=DE4HE;6B-6F??9J?CA@?6C=@A=@<@5GJ7@>BA=F7?<?@=;;AFD2(;7D8;=?5C:6?<C<@7=-@;>HC<<;DDLA==A?:4>5:<6=<6=@=7G<;??D(D6=BC??;+A/;8:3@C9ACD3<9=CEC=?;?;>BBK=CEB@BB<G5@E=@7@<CCCB?:;?@>=8C?:@2BGD=B7:8@9E=GCE3;?5@E@A?DA>KG;69J5FC@<@8=B?BCIAE@D?F?=6?D9@@K>B@>9D@<5B9=:B<9AA:@ADCCD@F??AB=E67JG=<@9A7DBBHB=C;>HG@E:HD<AKB=D<9@DCDGA@DBB?>HC<C.E6F;DBCC<?=@A?A?2B=?@DJA=H<<C8>A=>9CF@=B:@B:DB?6B@>C@AAEA@>E<C9FEG1;<:F.>@DE=<A9@BAG9DB?B*??=9;BC<=G4;B@BG9<>CDA@BE<BC9A5:>H@A19B=;?4>@=;2=3;3A/C>AB?7BG8F>=:G6BG-C@F<D5EH=>875C*@<9>CI525D4A?7>=>E?C>>6=-E??*>==C?76=8@B83;DBB@@89=3>;7,@DB89>>;?A9;@8B2:=:?A=IFH6<=?;93>??:>>C9E@><@C?G?>D:F9:>?B@=??-=>A=?4>A1<<9A7E:=>B?=B=EF<WGGGFDBK?8C?F;HBA@A>>4G@@BB6DED0=H@GGE>HAEHE8FCH85A>IH@<AA?G:BI=DDGC?;AH:DBGI@F;;9G:=<C;2@DD=9B@B2?=AF@7??DA=9G<AAIDI4AE@3A89=LFB>A=BE>?FACGAA8EB8:F@GDGM<CF?DABAB@:87AEBAD;?@F><=@A:IFCCCCF:B@D=G@CFJBL?D<<@@F=EAGDA:D;E<:;@FEB=5BE>6C>;E?<D8:E:5C??;?9B:?6B@0>7DE@7KPIJ9H9CDA3?DC>CAB@;</@FG>1C9@@3C?@AA6EB=<AJEC?8<:@?KC9G30GH6>ER@@<@B>9?9@A<C(EK:H@=IB@>BIJAC?AI@C9DB@<GG9:@?L@=>D8C2B=?=>@-<3A5:F?AGA>7@7:4*@8B>93F;?B9==GCA:=BECB88D>AA>A?+F5+;??=8A;CI5=5447B?=596CC/?C>D=<EJ?=:;?D>>7?>>>=>A7G1L,FJ;F>;=F>EA>87<A=B=E2C<3A?=:C@=@E<F3:<>;<@:5D:<?CB?D;;?IJ?AEFABH7?@A/?:9B>BB:CM;@CIJIB9@B;MCD7?>E=A:?9G6=EB=3@94C9C5A7:B)B;;F8J@:?2GAAC9=<?4E>CBI<FB<:JE>4EAA;1B2<D?=BGF=CA@8,EFBA@?<EB>=E&JC@7A:;C:=?=>977DCD:6<DEBC;9@1E;8):F37=?>.8<A9=<JED29E?67>6>E2:F9E5E+->IE<;=622<=B@50F9B7B>@=<F<:8:A@??<AD2:2;D?@?7D:@>?CAE6@94=@8FBF?5F:=BL@B:@)EC6;?F@?0:A?><B:AB;ABD=>AJ?:@AC=9G.5;2A>H@DJ:.:9>=<7@A9C9<@I7>@?=E@@<>8B+:-05C;=?;FB@>/>1=?C>82A>;D3BC@J<9>?97?B;4<>>6?CF>32C>>8B3;=>59@<D;8>H;C;<?=A9B7<3>A1A?C@*HC=@BF@F1;:<7;=??548A4:7@>>?>?<CB;9>F7=9<=F?1CA?9K9@;?(<<@BDA>E?HH@<>F?6B1?B>AG4=EE7?B78F7C9A;8D@?CE:?>@CFA=?24=:;@?9;A@C8B6:0?DC3BF8D;>B<@8==3DG@<:?>?:=?5BA<DB=@>CBA@=9FG@B:<=;;A4AL<??EB?9BAIJ<8GCL;E8@5D<C<@?:HDBD3D0DG<=DEA=>?E<>@CEF>ECHB@C1A?DD>>C?@9<:GGD6H@@CDAB8E@6;?G><B=N@<8B>A7EBA=2A;@;<=?9;=;>D:5>8@66CI=>?@?9<A6;<>=3CA3A>F3:77GDE?:56AB?<<<:1=@17?@A<:?C=88:?;AD?8;><G;H5?9->BCA7@79A@AGC;4FH:A;5D/?@;:?E<2E>,>@?>@A9>C=>?@>3:@>C<F@@=?BGE9>;>@:@=>F5<8?@<C;=A>?BA>8DA<@?FH75<=EEB@D>>9J==<9E=8<66C@@>?D?5<;5:@5BG61>649/=:=>?5@19157<:7;;;H<;-96914O>FMCBF=JBCD<J<C8F=<;88I@?7B>7DFEBA>F</@D7>FE==5GO65=@I@H=AB?E=<I@EG=B;9G5FDC>AGCB??BBGD@A,97:;IB;EAAB?B@@>>?DQI=DHF5H9:ILA;E@@89;?D=;ELF/A40>JGB>A88;BE@D=I3CJDBG7FM:9JH@BG=>CCCA;7<>?CG@9CDC>;BF:0AC=?JL:?E=A;@9;BJI=;67<<;6MD?AN5=<BF;@AB7=26>94>@??5JIB@C??3HB>@<B;B@AB2<<9B@:CFKH?PB?;FK:@AE4=B9KAI7AB=K7JAJ@<CJ?A?@?KKACACCM?JBF?A?@?==@:>B3E<8B?@CCJ>E2?;@@??80EJJJH?EA:69>:ADG?8;I9CHEB:.?BF:EDAA=??A.C=<:5?68?E@/:?;@?8@IA@:D?G9BI5?1>57AE3?@>3=<:;H?B?52C9?7=>=30:B+EB>@@D@=LA@;BBG$DD6?<A@9/B?CCED<=E<A??B>D;AH9F;FG@G99C>9:KG8EA:5D>B>D5=BHG?@HD0G94;GAHB98A@;G8?:K?9A?/?K63<@<=>@AF>@C>FE?BG>A5:D>?E49E=4B:;:@@A7:<G?=@FC8G@;.A@DB=@C?=>B>2.@@GA;D:=A=@B?=>A<DN8=B5=CEAA<>;?8?E:=I?:AB;?>;>C;2@9>7?BC:A=:D<H>1:8>=<A@?=AD@875@??BA?G9=7C?<6:B@A;1A@:9ID@9=B1)::<DE>;@E<D<8@+=E>5A=<JC?A8;E<B=CD4G9@?8@?;@<:A9EDD98=E?@C>9;B;B@?;7=@>C@:<:=BD7G=??CL3F?;=0??=>;?HA@3;;65B<D>>A;@8AD=A<7K?A6?@8?+CGBB@H4<D<,;(BBG=E=E<@0=;A=CB;=D@5#W:8>>:<&E?:2:;<=;1F>GF;?@?9@9@3<:=B49<>AJABB:<>-=<97@@=6=A96:;A5BB=@<>:94A>D??:><6F==K6HB@9;?;@05C0?6@9=96>@8BF9CB4G@CBAD;B;?CC>C@FD6:>FA8;?>EAMB6:EK9I9D=6DE@@BA;<?>>@F;=;I9@FBII?A=>=4?>CF>EB3?E@EA:7==8C<<;9GFDBC=@<A>@@?FE8:A?6?A@=64;C@E:D@F=E/1E=<?B8??@@;G@D?F;@D6K:C=?4C7AFI>8@AC=;?:A:H8>EKA@K<5DA!C@8CD;>AH@>7FDD=6B>,BDC@?CB;??BC?F>/H6=KCBDBCC?8GF=F=G@=9@B<M9F;>>@EBBD4=B;L5:>AA7=5F=F=FCGC>C=E;7?D>>4G<AGD<?6B4DA7>B@E=>7A;B@;B?<5>8AB<H8E@ANB<6?D=:ED=?G@<3@@J;?694?DHCBABE=D52?F?7DE>6HD<GAPABD>H9B=3;<;=AC@B4E;H<A8:/8B>2<BF:<ECDB?:=7DD=B@E?3J6;<:;8<A05BHFAC8:B?H:I9A2@:;C<E>=B<A@D1:A:G;E23>?9<630=<DD0BD?C:D<GG<<GBBE6A5?7CB<?>G@AA<HG>DQBF?=BBD@G;B>GG9GHP@HI=:;CCB>B?FF<BBE7BDFMOA@3E>ANF6BFD9B?<DC?AF>QBGEDDFA>>B?:C?>@=B=A'EBKBON>;A4G>DA5C>@G?@EAEG8:FBAA8A;M>9DF>JB>CAEJOG?IFA@CKEEIBA=G>KBG?ABE>NCEEABA>J>EC<:ADF@@F@@@9B=E>?E?76D:G=/7AE3<GHEHJ.=;=EEC@9@BL9?:A(@<=AG7A;:GA=FDD?D;:4=?;@:>G=D=;CE?<IAAA=B<C8@3BA9;ABA==?IABF;BD5?@F@LKCJ@G?BEMDICH=6E:LEH?D9:BDB@EBC:FBA>B>E7F4A4?C9J7I1GQ/8I:A=B?A>C<GAK@C?DHEGD?F;9@7;F9FH@IDF:9E:B2;D171C=HA?<?GC?94DLAWCFB4B:=9:9EF<9CB@E@=>DB9=?B?>C8A>J<0C4C;>3<5D@8;ME@?EDJG9@D@G77?@EK;CB15EK9DA@7GD<AJB7>=6BB4F8JL@<2@;?9?D<;;4>A<=GBED>=1B?;G8;3C=:=D=@F7-A6=DCF>?E?<9=BA:9@;C<7@5@?@CD8=AD?A<A89<AD6>0=<:F1>@37J?6=:D8A?8;>;HA1H5:08K7:<:=>=D9@9;FCIC@A??:;A(?04AA;E5C0<D8C:3B9CCG<?<F?/DDD6/>;F=6>89;A?BG*FC?EB@<C?JA@J:>>8C>@CACEAG9:C/<?62G;FA?>G=62?=?@8;A6;=?6D9A:@?EBABIF=?<4@1;?G.C;A>:D@BC=<-K=9>4F@<86=D:48;@<JC9;==B7C?8>;5=?=;A7@D<9C1878?@<G>;4C=<=:?@==H8:=>F788@A4B:=>9=CAC7:=86??;>7G:<@>A;50<3A8<C4?<;@>77?8CE<?@>23/;A+FBGBFB?<E7B:7?/79@GBC;5@?H3<;=B=CA<>DF@8F>E;9:<A;>;><J1B9JC/7C>:;9LC??@J5=9=A4<85<9A<9@H><@=>D;3AD8AD>;BEE=><A@:>6B=<?8<8+JDF>7BFE?AFC9D??:C@?<9MCCE:B5E?<8?9@>2=?LBF1<>??;G.=?B=;8:@:@7>C@HF@AE>9>;B?CBB:C=C?E=<F18BDA7C:@AEA?CJ@?><C@@BDDEC=<C>@CC4CFAD48=F<HABM@BE;<H7E69<743C>FA=A>C7;:B@B@AF==H;;@CCGG7D><@H7<@I<D>68:;?9C?I9:?B=7;D=<8J@B4@>=IBBEFABEG@>;EBG@>F:==E0;;A>;9BD?8?CDD9B76=89:6F:?GCB8BDHAC3?F;>AC@78@>@CCF??8<:@6=I@:><;<=9@F;@5AB?<6CF>=6DC>>CE@=>;>>FB593B>B0>@G?<DAA>1;B/:B27>A56FC@@9<CB69I8?;D:?JH@CK@@4E86@@@3>6?6G6C>;B7F?@<<DB@?@>@=6,AA8>ED>>H>8DD3@<9E44@7<<A=G>@E4?DC6>5EE@>:EBC>6F-?;'@=BHCF@<<:EGD6>=6I7D9<H8+=@9=:BKIC:?=NE@@>E@F?AEF?BFHG>A?@J>CA=?>IEN<B>ADBH@8ABE6DAH;CD>?>DB<BDF999D=@CBNA<;CGID<B?OHA@9?AE9>B;;GFLC@@H9;;JG?C:>:E8U<7GIDIH7EG=?CJNQF?BF<>5?6>BP:>CI?EA>@FCC>@GL9E;?8BH9BBC:@1EC4B:GBCE;<AC<EDGBB<DBJDEE:ADCC<>>;B7FFE>BA:O;<9D9@I?9HEDDAEDB@B@?>CL?F?9E7B?763HEB=>=/HC6:<;BD8GA>BF@@EG?><=;B?C0;6IAD=8>BAEHH35?K;=:D;G>>;C><<L<D@K@99JG=2;?B=>E@DADC@S=D@Y>A>?A=CFJC<>CBDDI1=E=ED96=?;=I@FD35>;E=@<HCIB-A9DJA=8EAF@4<>71H7>N?C;;;=68?;FCH:A,AAC6@GA<?;@N;;?<<4E?<BDBI:<=9B@60BE=E<J5;TDA82A=>;?A6>?C?>>CC=82?:@HL=6=5?GB2L;EC9AE>A>GA?<<6==@7::@@?@5M6/:5@8;<;@EE<@A<B;A:;A8.?=3?D<BN@;6)<CFB/8?@F99E;DF7@282AG0;GA=@AB7@6<@9:@BCA;5?J<BBA=A?5?<:6:<@:;<DHC???7@<2<E=B?1;AB?<:@>:1CACD0:5@B?FDEE@=@57;@=6:<DD<::EC-B<<FB.8=C:>F2>AFB>:==B:761@=,?D@5B>,F=HC=>:@%9@9CCH<97A?AF:5DC,1?=>B6;D;AA;>1><D:@CACC?9:B<99>F=C@2BDB=:<G6;@8=G>9<=><:C8?<2<>D;@?@=B7>A?/<905:>;=?</<B83@/>:=J0?>;=@D;=2>;F;AI8BC2=E;9CF:A9??C;D;BA9>;@:=G?<6:69=;G:A:?<<=A?A;@BGDC:<?<7>>C7A?A@=>A>;?>;B=@=643ACG:2A;>@DFJA<)@A?=/G*F<=@;@9C6?9?EC>;=<B?>D@>C6@F<?FF;9?F6=>B.FECC5=8@D;E9C?=>6B@2C6@;E:ECCDC@@:?.<?@>E?DF6@:AJ?H>;>DE53F3CCD@BG7:B9?@A8:E6AC=E?DEG@8:5AEE?:J;?=<@:;CAE>4D<<@H9=;D<:B<.=D9C@=<E:9D;>>B??=A?7B;G?@;FE?B>>AA?7NC?DG2AA<F.CIB5BB;:?<BH@I@7B9AE=E6BA5BCKC8=ADD8FK<>>FBI?A?7A9;?EFC=G@D4AAA9ECG<G?D=;HAEAB>AD@B;H8GBB=>DD<D@=69?<>FABBA:9@5<1A<C??9@9@56E:?@/@>L@>AK@<?3AAIH7E@=>::2=89C<=B<C8FEB<CD@=@IAF@E@61@8DB>(6?99;C=D7E;FG:?3BD@EG@2>57KD<>1=A@AE<EF9??<CB?4F?@A@:9?<;<HEB7;>B6A=<C:.A>@>?CF?<I;>@;DF<E=D6G++2>C?=AD@9C5=7@D7B7CK;=I3<:>ABG@<;N;@9E<24-?=7GA;DB/9<EK:FDL@H:DI?AAHCDDA=DH@8=BE<.NDB<6ACD<@:F@>E0:?K>7D=A@@@@BB6?=@BAF3C?;E>@MBDA=??-ADJ?8B0?7D>BK8=?@?C8CB@WCA<=IK=>;G?B=GGD01@?;HCB>:F;C7BG?:I0?KD?;>9>J>>@F?EJBC?;GI=DFA>EDG@C<IFCGGBGGAEELE;IB@FBKI?N:EFBD>C?G@C>D>H<33C<JJ;>51DF@KJ3ECH4GOCD=L;C74FCF;TC;AFFAC67?BH87?::EA1.7=B;@;A;B@5E>?>BK5K6AB>GA<B>5;@?>1:@AG=A9C>C8C;:A>=A:B?DA8>'D4@;<5??;IC<C?H@;7C>IFK;3E=7<B?:2C<?B:>=F;?GC;?>@,5=,7GI?5HGD:C<KCG4@A>?C:C5>4CB>A?BBD<I:B4CF@AD>D9A9<?EJDHA69C;GC:ACBCFIA5@;7>=G@J8@@.IC<A7>==@CC.72J:?B@K>@G@;=?BBI6?EAG?:7:B<9A<<221E?I=55B<4D?>HA7AL@G@?<C=?B:C?2:C:J3>:@<C>A@B3?@9-DBH@=8KG<>7EKAD>;S<>?><@H@?E8=8<D?;DHH=CA>=>D8?<BF<BDB>:<GF?H3@?F:B<?A;>@7E=?;E?G?AC@@>B@<>C<FCBA6@:0+C>=>?G<3;DLAGE8CB::CDF@>4H@J:1=?DC>A:C7<?*:KCAC4=7D8BA;B6?EEB9@D@I;8;?6C8D65;A>@@@>8?AG>>B<G<C>69BFGJ4ABE;J9>DC?3?@A9A@C7=<=?D55A;2<AB?C5<>B<=G@ED:8ADH<A>=?DA9:=AC>G9E=A=>88EBDIB<CD=6D=E@>6:D:=;D@<@8<8JAC6<A<6=D;?C9;C1AC;8<=?:2+DH=B1>>6@D@?@77??<?A8=C4E>DCB3<<;01<9:H?KG<?>EA7C><@521?FD8<C:7=C?D?8CB>>F?;?;A:B8A?:1?F:A?9=9:?B6?F7A89A7@:B=;>F;@@>CB9E?:<<EBDC@=FAA:>K,E8B=@@B>B@<<,CI6D;;<5?42@:?B>BI>9:<;<:2:B89E3;88A2,BC=??>@@C94<I<C8AL8CNBF:><6;F>C>DIHGDD<@=AEA8:7GH>E@==7?<279@6>EECBAB?4=>@GBIJA?=B?=@?D?;D;=:A;?@?<:C9HGDFFC>D<BHCAC>>HD?>A@C@<JD=CB;FB4:<><@D<;>A<GCL8FFB=IB=>C?>KA>B>FG?:AHH:?EF>>2B8<HAD6:AMF@4:B?G@F@>2BD?CDD8A1B@B?F?B=;A)7E?;K?>;=8>D@A:D<B=A89F?@B?<3789C:>9<>??IE:7>ADCL?6@>>D>@;BDJ<A>@C7BB?0GA6E<AF:?K4BE>;BD8E>8:<=EE;>A@8CJ>8=CC?@:1D?2B?;F>;:?;?8C??>@4B9:::5;8:E<@=E>@:B@0<4A=DH:.:@A=B;AB?<=5B8?8;+69>D7A;;?78D???D7:(ED;A=A:<,B0C58BEB=@<<B<?:G7>:;<@9@B;DBGDB388>EA7B=AB8:@E=<ACGA@;D?=>=@@<D9;A?7===7B3<@>1?H:@AD=B@A>AC@BGA8:GFLCL&@B=?=@A=G?<DG7C=?>E@GD53<GEA@=GAB?>DBFD?:?96>8EFC8;;7FE9?3FE=A:5DDJ?CCFR?N>EJH:<D@=6=CHA=9H5-K0I;?ED9;=M=EFA;CC=B?CC3LM/F9K?2:>:DLHE>B=;<;O7>E<;B@>E8GD;:@HAG=EB?7D19>C;@KJ?CFDHH99;<;9:7BCLN9=E>>>A@C=GKJK3A9:>C7AC:,B;9F2=HA@67%AH@<9AG@=5@=F:B;?DO8@>BE;C@<J<43D1A3>>:0<?J,9@?G8C.=:;>>D:<CA?AE:>I<,B@>?69I.;=:;B9GBA?C@5>E:JA@=@53EAD@L>AJF>CB?::?>>CEI>GIA35>C6A>IE:E8B<>7@B9A?D8?2C>6;?D?8B=@7ABB9A?@@@KBDDKA@@:A9@@=A9;I,?=>L<38>7*AI@A<<A0D3>@A@;@?E?<BLE>/=?8AE@<3A?-C?@C?9B8AB;>?GBE><<@<4CB:;@1ECG796AH1@@:CHF=FCEE:I==GE9=<ADA:56BD?A=A5A?RJ;3=935AC?B9L>>?G6ICC>;CG?7G?@EHA2D@A=CC@&EGH=;C=F<FA=DE199GJCA?@<?@2EE8BACA4:F:@C9@7A@B@<?K<?<@&7>EDC6K@=<?GGB=2D;BJ8DD@A?6<D<E=7BD@B=<>->E;9D8A(CDCABG7B96BJAA8@;JA@@>CE8@B2C5?B;87;/6;EC8@?E81<2@4>69DHH:;8B7E=A?A>FC==8;9?@D@A=<DGKD??D.H?>9:A@DBD:A=9@6=>=@?@JCAA?B8:F<>E?=97@0DCF3H8@@9D6?5C@;;5=@0A;6?=8>>FE978.>B95/A>A@>9D8@CC>:>:D;A3DA@D<?A?E>@DCC>-=#;>DG:F<@>E567E:F>6.5>EE=C<=B5=:E>6=5G:D9B<::47E?5A+@CB@/2B>8<=?@?C<BE=E8?5?AG@=?E?@?7LC5:@>;8DEB8F9?;8G;.4<(A;A=A>B&BDBBA=?==<?@:D:?;=GFI;0D=<F=<=C99?>?@B?9CDBA:=3E@9=D793>BE-95B=<8A@>>AE@;=2H?>>>H;>@4./E?B?<?=;F>=C7>EE??EKDC9B;@CC;>;=<?@@?1EA9FEEH?8?>A@B>JA?:C7<>0;?=EAI=C9<<@AB=?<AB=<F=ABGEBE?A9;OHE?<@A<E@B>C9B?=;AA??;4E?7E;B?;=85*7@=?F?C<<5:>3:@:<,9<8=<6<C@C8>8;>BC:8>>B<=@@C<B@?F7FC9E*D9>BC90::@;L>9><C=;FA8;4:4;B=72:@<D5*5<34=;I@01E@6D4<<B665::AB89D?=>;?@=6/69C=J@BI<;885H?9>6:5>G>C=9A??H9I=>?;7?HI>B4<A=4;>>DC:8::=>BCC@;2>>6D=;>D19A?<A:A8>E<B=G>C:;@:K/F:9KD>9C3>A@DF;E;6>DG7I?BI-?DE>>BIE?2?>F:678:<A:=FD?@<BJ>H=7B2<D39B2>=6-H@@653BC;4>AEBA>I<37B6BGI5BBC:2?M5>B=HGCACD9M6BC48+?6=?B>9>L=;??A4P;D>A=JJ=>@GE@><A86FF?B?I:8ABCA?EA?BA;A2;@8BA0A@H5:>@0C:B==CJD9?GE75E?=@JCC7<@<>IAAQ@@EDSK;EDI<GEC?6?L;JB=EA6?@J>@76??GD?H4<BBD<7.AA;C4E@>C;DAGD?D<DEDG>AEE?>8D=3CBGNAB?AB;BE@@DC>GDB4@J=H98JBG>ME;@M>EEICHHF?JA5BH=CBA?FE@FG?9A=D=>E>4G7GC9?AG7ADL=EALME44*BRC==D4@@FB<-=@E9@A:A1F@FA9DG?6H:AE/>A:B?8D=;.LA6?49E>6>F;>?A@19=?B=E92A=>?=F8990CC@@>B4=.<@BG.B@<E?>J?9<9HB6@B65?9>;=48>CB??E<9=8AA8I@15DA>B;@8=:9AEA>@:5.AE9<:9<<@@D<?;>F3:=DA;6:;<>??=:DBI7D:DED<9>2>>AECI:@:69<3ID<BC7C??O=EFE5>J1DD=@@;?E49H7D@5@ME@,BGDCC<<E;7C?>CB<7A@<B=HGA44=@@77DB>E>@A>B7B==?;:HCAA;8@+=9D48=A;B7*F@<<==>73H@;==9AD36/C:CD:=7?D<8E@7H5H0C87;6C@==C8=4BB:5@>=9@=@7@3?22;;@77B=@6:;I=A1>:<4D@;?><?8A><=H@@?;?=.>:EA=>==<C0??::;:-?:@<6GDH3;>C9BE9C===8<>?AA=<SB?@=<<A<<E<;>)C?>H?E94<BE5>3.B<>;>EDF=99<9?>?=FA3=7F:99B>8@97=4?B9>F@=AA8+28A.;4>C?79<:08>C<C>G6>C<@6=@E?6<ECB=I96>A;?E>0A16>:C:=(;=?=G.4CC@746<B@4?H@>F:5B7/34@?::BF7<9351G:>>A?BA9A>>AFDA?0:<CC;5G7@:4@E@EA<@?@B0C<AB::F;2GD?1<BBAA9E;>E>?@GB@AB0GG5<KADF@?B6<>?>B9;4AL@>>A@7CEAAAGD:BC=8<=8D0F;H<<8@G9>>>=?A8??:AG>BL?;>>;;8;FD@<C@>>;<<<<BA>EA=:B>:H@4@@B9G6<?6BE>C?9ADABC<9C@B9:5>@LCDDC@8?D:IC?:M;E/A;A=999DD;E@=DE6@@D8<FD=>?J6@G<B<C<@9=>:6*A87E7F=4:::<;E:8>?:>7<C?>8:B2@5B>>;?G:@;8B<B<@<H?><A:DCA?9:7?;>;DGG14<;;8CC?:@.655B6;BA?90C=B><<2;<?5A;D???ABD;?;97>9D=L=??9BB@;=96>=ED<B1>=AHB??@>:6AIEJA>8=2:;J;<5=6=88<E?C@:?C@=B>??=@4@;<8AA9><A>53=25<8=FB<CIH=;;:J@B==G-=?>?1EFEA;<C@C<,:EJ5>:B+@>>7<AL@<DF7FEEC2?CA?4@>;>H=>A@AFAFD=F<6AJI<.F>??40GGH=8>;=)A>H=??C=F@DD@>65?@@>?3<?D=7<<?3G=7FABA;42<>1?EC=@DA9<7'A;=?AEA?D@6B9276MF>@?@B<6@EEC;FD<==@A@H@;>KF@E?CDA==D?@?B<>BA;CHGJ@<D7A@=GG?;DFB:A>AE:CHBB?7=HIF9@?@<@@?>B;=?DFBFDEBCB:BDADG6>>F>D/>69F<I?B3E,@5E;B@06AAN:=:DC@E;>9@D;@9GB7@=>ACB=C?9?FCKCEB6G1F>AFGG6>B@DE@FB/B@?FHBNDIAGC5B?@E?B4:AIH@>H=F?;BAG<HL;DA?A=DG9D;D4BC???=DB@5EF@TAC8B;DAF>:=4BDE:>O@<=D;5>E@<:B@DD<=H@7/>3@99D29A7@:EF?BDJB.;>?D9?9>=9<7J6@9=:6MC;C=@,7@FBDD@C@=:CB>:>$;9@@F6(>=EFC1=1?7M:;?:=;?H<J;/69AECBD<@CGA>>9><B;DB?67=BCA9</<?5D=D=?O;;B:@2A/A>5;FH6<;>?6>39B<;/E?DDF<:<?68D9C@=C:@AI1BDA:E@D?8:>:699<8>CC:;;?B;<:G;KA@H4><9B;9;99H6@<DCE>CCB18:@D=6;<;?=B@<-A?;IH;@<@B.9GFG>ED4/.+,<;DB;?A?B<47G@AA@K?@9@HBA@AB=@*>??L9>D:E=5@:>:<<<66BB?BA=&24A:>?>AAD>>4EBG8=+:E<=91FI9>;??;99<=@C;BI;A59;AA<>?CD5B==>@+@C<9F7AC;;A@@H<98?=E2=CBG4=@1;@?99@A=>;G=F1=?E><B76BE7>@;';A>;=;?5E>B@GA1C9@AA:?3FD??A:AD9E;?;>CCFCF?B9C;;6<A8@=8=D@E;=>@<<:==@?9<+6@B6<3?<B<4>J40::>B@??@D9>G@G9<<7==7-;>;<6;EE;??B:=<0:=B7;<9;BK98@6>;6BB=89B:74DA>FD?A;;;BF4=@BCG0J?:E>?9':B6;DA8B9??=>=>?<?7C?L?;<A5@9<:GD@>A;9?>D=A;@;A@?>==:@B<@7D7@?A;=F;BJ<<D<><>H<.3:A<>E:1G<.AFED3:@=9E89?IB=G;7CB3@A>=H99?@DG6=CB<I=9CDBAH5>C=EED@E;D?8CG:>?8G528@HCG3:>8D47UAE=8?EC;<DA>A8@7>AD@>@5B:;:3?:?93<=<AA;>FD;D>FA?;C78DCM:9AC:B;>?H<;EA67:GFFA=CA=<:><7><<:<6ACAB1C=@5>>BA>:A6:2D86DB:H<;B?9?5>>D<;9<CAC?<9;G<7;=E=;>7B:>6979E9@>:7>=<DD;@AB5;5<GGE78<B1>EBC8A5<H=2A5C>F<=779@C>=DBC:61=;EC=<A<?6>8;A8;>ECI95AB@9>6?@B>E;?@>AB=67B:E>:E==5807?@37C7E=E>7:DH;D9IE1?/D>?;7<9:CF;6:@0;?GBB58D;EDA@6@AF9==8?<8HF>@C=M:57??D4@*BBF;:;6EKE9:@@LFEFAE267=;A?BHHBFD9HKJ>?E6D>::JAC?AG>3@<:EGCBF?@=9=D=IGFA@:>A1<?ACD>?A2A=FBE;A<BII28AD>B?=F@E@C>>HB=D8<>AB:5AFC;B693<5=A=GCOJ<8;?C=E=5>4@@8F4DI??@=8G8B7EDF9>C@GGL=E@2<F75CFLA4?<=AA?DJ>?G;B6;>B@?>KHHD9?D:7@FD>/INED9:A;@BF:=EDB3GI@2DAB@?B@@<;@AD@BGABD72@DF>DE?J1?:GKE9@6=A9=BE/BE<;=@BHC<7A>5::D>C5@>16<:ABD@FJC>9943<BA3@903BE>G?29EE@*?AHF47;=??I=DI<;7<D?4ID5L?K6=AH@.B7IA<ACB=CJC?<>J?DF:@A@NRJ>?F5>@9C?=9C;B?7@>?;A?>BAFOD/DI:5BBD>=EIBH7B>A;5HM@B<<=K4B??=FG?4=6GB?@BB<7=>B@6@?@8@?@CF4@7;>AAH;DF99@I@;=>E?AB9?D80957:;6;HD?ECGB3F7@=<H?@A=LC20DB<B?F9C4?=E?=B@G@A=N<<87?29?EAI>A:3>GH@D?=>>?F9J;B>H:;;@C7P8?K;7>>=A@=>EGA?862>=;8=H5H<D@J?I:>=89DF9=L>@DB;@G@ECC:E8G?DHK><B<7?9@@:==DB<;A?E9D>EGBCI<:@LCGH<9@??@9EDF0=B:<BD>8;<8=C<;9ABC>G<:C@D:9>E<A8:?9A<>)9C7F:A3>?@:GG5@ABC.D;C=@:=<<6@A@@2A;4B??9C>>7<@C><><>4D?EAE<=<%A@>I80>=@6A:F:@<<CIDEB>??E<<?=?B@E@B2A::><ABE9DA@8?@<>6B56?@G3;>?7<B=?@J<<=?ECB7BH:=2?:?:5D56?>A=9D@E;>>>79A8=:E:=A;>4D89D>@:;@G:>48BD=<DC=<DB@=A9FED7?@CF8@DAB@93>=9A=8>@DA6;;AF;9;@?;=9<=?DC>98=5;;I9@>?8D@@E:<B;EA/G9@A8>;CC?A<E=B@C>>8E6;=>AAB@CBA?CA=;>=?35=C?9@@/98>;8>=EB3?C@?G;8=4<AA6D=7@;HC?F1<?C@6AF@?AE=A>EG>DBD6<F;8:=;?:CB@BHE;D1@==H<=I;B=>>E?D=;>=1FBB@@A?2;<=FA<FA?9G6E9;BCDFDD@C8B@=AF@BDD=BEHB.@58C:6>?=FG?:@=FD?E>9FC<?C?EC<C9CCG>7D3A=DGABG@5AAC>B5==8<B@GB;@?@B/CB@@;DB70B2>>?J8C;?7F;3C-=H9:?>?9=5:@DECG87=;7C7JBE:DAM=@;887@?=:;GC>>A:<9I=?2>AF4;=;H<97D6??B<E<B16B;82<36;F969?7B?F895@B=D<@AA6?BAGBDA4<<>8=9<B?>7-F;8.>9:.I:A@B>9E>B?:>J=F@A>A:B=7?>:DJDA?B98>022F66?9FB:?38A5<7?@9A>4ALC=4DI9B?IGCC<HEH8BB;E:F=>@@B6=A=A>DD?8>CL?LG8<D@B<@4=CBDD=?HGAC6CH@K8@?CCDDK=F:E;8><@KH=B7FF?N<?<D>=?;AIC<BBF?59BDE6BFA>6G<AEAK>;DBE>?P<<?ID9A<CI6BBB>AF9>=F?9E<BF:@_GI9CCC<=B?A><<T3;<><A0EIFD>BCJHBG?HDD9?8<7=F6:EA<BA?/>=IC?98E=?>A<CFE4::EU?B;88H:E><HB3=B>=,*H>:AAA@GD@A:8C<EDA7+9=;BE>=CBCD@GEE;<5<=A>G;AF:8:946:?BHN@B@BFF?D2@D:FDA+H>@;<D:D<?;9?9:@F?FB@CEEE9IA>@?>A.?@AEF=/??6K?96@:GG;HE>B=?<FG>FAEHKC<?@B6DCQF==D7ESB3JA>BHCC::2EAF=DC5C>B6=BG0CECF?%F8.AA56;@AM===A<39EAH5CA@==7@>GG?:KD<DKA86?A?CA)?=C9DGAA5F=<AD;B7<0G<F/K9DB?@F8EA6EB:AA?;>B@BBC@B6?A<;.8C=GI=A?AC:AH=0=???>/><@BD;?=@=2<@B4@A?8>(6>H=7:A;AB88CB@8=A:@E@<@>@;7;CG>CB73?@HGD?I?@=1GA7>F8D?8=B,B57;:I:?AA<?D>GC/@DB?=BEC>08<C>>?>FC<=F>C>CA7:ED<C*8A>AA=>;7B<;EB@@9:<G7@>>;@<D@B1A@:+@+DDGC>A=C>=H;@@>>8?:;8H<:C=H;9<<A,B=5D??=:<A?D9>::DA:=;AAG@FGA?>E3><==F8@C968B=@?4E1=I@>)<A@AD=D-:A@9EK=<;A>B=6;EC@=@@B@B@;D7=;EB<A-975D;H@F>:><@:>DBGC@8=J@:,>J@EK@8/?AA@@C5A75==?E?A>?CBBH@B;=<;J7=>C=>>>?:CA<>BEA;:7H@ADA?CCD6;;39F?B=>?I95=?HC?<B>B3467;1DA=:0;68G@<C?B@2;A6>B0C9E=>>A7>B<D=4:B<DBA?FJC@3>3;D/8@:C6?D<5;==D=42?=C8<->@:@@5F;;EBA<=1A6>B6<6:9;:<<3<>AE9A;?H:58F??B8G;;A=D@><3?A,:<D>BCE8C7*BB:18CCG=@<81>8A;G?DGA:;ABA>;;;?<B86@=;;=A48C<<:@<@=H<>8>GFH<D=;?>?B=@?8-BDF=H;AB93A;:??CD<;1@BH75739BBB2H?E59>?<B57A>=EFCEA;E;C?>D:<8:6=@:D58CDB=31A><B6@J18A?8E;/C66>?6?A<?9>=<D:9C6<B@E?07;A7;5?>6G>?C6??@B:;7?;C<>58C80E:>C>;<@;=DB9:@84;@6=6<=A=@F2B<A=<BJ5:=AGCA<C5:C?8A4G:;@,A09G9A5:?<39H5F9=9;F?7G@8=AD.2>:?73;=;/>BHA?BC6EBC:;94AA@>9BCF>@BA<4BAB?7<<D9B@8?6B6,==;D;<:>B*66@2:>=E9<6E94@@8=49=9@=<>>EGD;@B;8CJF5@5BDE?A7><8=D;D<?7;>=JE;<A>?OA>881F84D;D=9?ACDD744@E=@IA;8<I=83>BACHF@?/@7CF@<@CGBCFCDCB6<@BC@I9D<<@?BH=A2C:5@=?D@8<F?>D:=AD>=<HC.C@9:8:6??=DEA9@G<GBA36=F>?C=3A?1>C<4AB<=<>;99.>A:FBAD9>B93>ID5A>@E8:7;>E5??=;9G=B=<6H-CA:8E>IDF?B>=96=7A@HBI:?H<;?9E=:=CDEC4CBF@C>LIACAF1;@;AELEFB>;P1D@AB<8JD6<>BC=AEFCB>??C:A=78:A9E:?>=B=?;KH7AA?==N?FA@@<HC4>IC><?@;9FKDB8@5;??@G<AD7,B@<>>@=/<D?GG==7N@8BIL>CBF:A?>8?B<EBBC;A;CK?C;3;ABADCA68>>C0:BADBDAK,<;@;DDA=BG6@?8C'8@BB?A?@B7:H4D@8>@?ED:?*9?G>AB@FH?;@KJBH>=4ABKAGHC6D@??KII:J7<B4B@D>C9DL:FI9DG6DFDD<=AI9FD;=@-CE9.==H<6??=;?97:2C::AD=BAD@>14F?AB9D@=A>0?<?FH@5>?;=8@:F:1AE>?5<?CB1<:?C>+AAB4;4;D?F4H?9@:AAAE>DBA7B:C@;:?FCA:=40?6FDC76;=7?E?>E>I==8CE@I@;>@?FBM>.=815B9@;A@C4C;C87C8;@9(B<7>/'?499@6<I2GA?.1FCG<A/;;>;;>=<<0?A$D=8?5>6DDC3>B;=?@>CI:;@;=D>F7A9CEB>>99=?>B5'@>7<A:7<E@=<<=:=A<=A>CB=?C'8BB=A4:9J;73KI:@@;907E=;?@E<9BC;E?;:CD=@8E;8B??@;A?C@H=>?:B;9:D;<CC@>@A6C8;>A8;=C@9F85CB1HD<;LA@@<@=BCG;B=E:7996BEG@>92<@CC<H?0?8:C<?C9C'=C?=C<9=B8<<;?B6:<I:@>6:>57?F?5DE?.;>@4=C@:BADA;E8?C=<>CEG==>=C;C>D61;?3D2D><D5;?869>,8EA9@G=;GAC6G8<AH9B?F@6E@:A5DA4<?6===>4;C>->DB:;72B?@A;AG?@>B58D4:9@.:,8A=D;GH49@?>>I?>9CF6;<F=5<'==;@=::A<3;2<2G?7AFE?<F>FB:=;CG3@>CA9@:<?<<FC@>9C=<?C<;@<ACB?<77B=G=:D<=D7<@@@;D?<6AG?K:@;:@ADB<:8=EG7B@AE<E6=<91::A;AB7:>B;>-8B6@?3?:<AE9=>?<F:C<:BA1:7:9B8@FC>?=B=43:@@88=A?B<:=C;>7A46)9@6G'9I>3BG8=9A<G:4BA.EC7<05@;C:4=;47;A;7F;@?->@F68;?=>79I<=68:99<8;@?;6>0<D:=:9A591=656<>>?=>;;@A=21<=DB>B<>48?0=AE:8J8C>1:,89B@:30C7B9@6>88B<8B;A:0>::B7B=E91C<-=;D?:56;=7*?B8;49/=?3;#4:BGA:?6A<<EG?2>A>I:FHC<C8E?>A?DCJG>@<9>:DA8GE<(D:;FG?B>@<?H:A8@ADE>B9CEGI?9CCI1E8E?9=@H>C91IN@C@C=C=JGG6?5=D0=1?@C@C6B8:@=AAN:<F9>F@=<G7.2:D=><@>@7@@9<<<@B74;6:C?<E:F@>8A885<75DD>4@=?C>=@DF8=<9D@:9/9E2?>D:>C3?AE;85IG@<?=@+4G?>@6AFE(:9.AD46CC8<>@6=HE8@J?5H;A807::149C8B=;@H@;D=@EBDF?DB?<C<9I5L>:GM)>H>ID0C:@BDA;EK;@BGPDE?=66::A@>D/>@8:AC?=;=NAEAA1A;>G@>E==;H@IIJ=?IDD==ACD3CA;C<DAFADDGG=EE=?E<=2AJ:?CJ@<C<4<=0A6.<B>9<?JB?F@>+5E?>?E/46>>?E-4;:@<<@A7BC@@E<:?8;C9<@B;=AB7<QD>1==EFB(6;9@B8;><@@?E)ACD@D79CA=ABHEB>F8C@?9I<C8GDDC9>>G=?CI;;BA940=AH;>=;AF3>?>D8EH>;HCC@@9<E<:CB>3=@@1C=D;=4D8BA@?@A<99K5EE,D?58G9B?=BD3?6C7>@@E==D;;8B==5;>CCA@A;:18DG8;@C;B:?<@>EE@FFC@A<>IE65C:7??BB??:@9?4?E8F==;;F@DG<B>2??43D3>=?AI?6B>???:>@9>A@@C9<;<C=9<3><97>?DABI4D??;H;BA<C@A*6@70:A37AG;/<4>@BD?1>A0C==9=9G502?>A.H4C<::>B7>:79>)9DD@A-<;:;>C:BD=BG4>C?BG:<89-6?7@>A?=979ADCB?<>?5@BC88C14<=?B<:5H5C@BA=1;G.:A9:-;?3;7=7B6A7==@?>:9E=;@?>9G5>85GBADADEA;8>>8<6BH@>>A8<CB9D>?B2@FC;B<@;E=B>?A:B;?A@FA7E;HA=>F>CB<C<E@0AE;??8HA:CA3A?5>C>;A@B>:EA93=8D?7I<7G6=@A<72<<>A:>:>6HI=>.4>=:I;A@?;;F@?7B3;@>>9?@>0C23G6D?A;1=E;F9>?=C4>;>?G7<E?<@>C><C/C??:4==?<7D=.C?7;IG?B>=97DB=199=C=1?@=:859<E6?>GBC=<F:E7>@D:>9DA?A=?39@8A;?97B=9:DK=?@7<:BD77==:7?HD;;@><>:?BE?@@G6?;>=<?@;?;=@==AGA;EME<5:0>>@;BC>>@6@97:@G;-;@;<A;<<C8;CD:A28@>753=<A0BC7:BBB7C89B9D99:2:D/>;BE4-D?<>7,@<B*828C9B??(=<9>1:8+95;<A99=>.*@;95F;<A/@6;C,20<6(G:;3;<;>=@5C?<D88;7>E:8A:>?=;=2<5BG98D5@8@<?90@2@6BAB8;>0;:@7<?9B</7B@:A?;?5>07FAF4@B>D:E8=853:A;B9;A?4CB?=>BH:F<A88@?7583??88CC?7<;:/E9?8=?IA8D??14@B?><:;B<:D:=B>=E=CF<>==C:>7>@C<B<G6?8><CHC>DMB/=CD@4<H5AD:B9?=A3?>?@:8<BBA=>=8?80@CHD0DHF<F:>>=4@>CAAA;8NC:A7;*>=C8F>@I5:::5ICEI28C?=A<=9D>29<@CB8:G;B?B;8<<GD<;<G6;AB<80>JAC?4A;@B2H@@AD7CFD4C?F@367DDH<=;;??EE75EC>1<BCE;DEE>4=BE=D:8B>A6?=B;BE8PD+@><F>?F4<=DG996@5E8B3C:73:9=B<67<@6@AEF8C>@I=)>C;6<6<==;;CD?;?>@5A7;3HAC=FF/E8C=>BA@9F>90>/9?BKHGD+C/894FJC?9BI<<D<<DEB<PC1=56;36<?;B?BG@B;A=9??:=CEE6:?=><373>/;>A34/51BB=38=>:;5I53:;H@;D@?@?>-:B6FF=9?;D1?BBA:9;BBGDCCCA<99KAABA:D99D<ABB=>D;H8@??96791::?C6.:7@6FD:D@0DB:AC<7B?9A.C;9767=@@9A:D??B:B;JI9<2E79>F+?BC9A7>E@M2A=?@?B:A<C9?DA8;NB>E?DC=:@DEB=9></=I5@=9DH@@9C=@8=B;C?C8:4?BAA?5@<D;HAD85>>9IGB9D9C8:HA?B:>=8,G<9;CC;0;H;<+:>F7:<>:<-@5=EBA8>:96@->I:F@@@=9C2/6;;=8BCEBB@=;??>;?+E?C?:?588::@8E;=<C;D<?@?C?9>?>:5?A?0?-AAB595@6>8:AE6D=?:<C99=@IE;@9B<?==E;:>@G?=A@H@D;?;=?8@?A=F@<0=<@D9:=3<B;A8>HC=F::=<AA=@=@::@@;:@=6A==7E@5:A<C/?C=BDAE;E98:M>2B@3@H=@?<:@;9=G;>8DA<:8:6A!>@BB6?;;==?@;B2<67C:?4C:C<<C;?6A<5@6A>5=6<B<=B=;7893><@@@CBD<?=39F9F<=FD64C9;DA3:JF6DA>C0<:>HE8C6?8><B><8E;D:=;8C>A39A==E@9?@@8D:C=?C<D9;;@;G<AA<;?(??;;6C<>;?7@6@?;?DC=:7@:A*@I=+:=@>;B>8:?3?7<::>>7C>@;=09<:D=>8;84?2=:?:=;<A9?<?<>H9<37=B9CA@B>8?A=8=?C<?D@F8D:@;5B7A;7:C:A?A;9?@C>AD>;9D<:?>A:D5BH?A?@CA5D7C+AC>5=CD@C@94?FB2><.=D9=7;EACC;<6<6DBBBB8G>C6G<;E<:<>F>D>@=EF:;EGDB?E<?8>.5@6<:<<?3:<E6A=@89:@>>95A4>2<;7?<BD9AB?H.:G@B?3?A3D50'3A1'=8E773;8=A1=B8?>6<1@=:7==9A96@3:/4:<?A@.A8=6>,.<3=<B5AC=A<?>:=D:6?9;>8I8F>?7?;=B8B<A77>=13@A@3=H==958.9=>@:>A<<>>CA=:C<;A><7:6;8+>=6?<?4?4AG<)?E;9/>:B@@3;==:A8>6;C8A?A7<@K;22@8==<G7@9>@@HD<,C<B>C;=B9?K?=<?0<D732CEA=??>>?87>=D>@8BKAB@C<CAHC)9K<<5?7;2=8:9>/D/;=E>69D8>H2?@<E6=<?A=B3BE?FAD<C;FGB<5F@<EB>>C=J>FK>7=*?8<B>:>AA9?AHIDI3JEE<JCBCEI@B1>E@G8:7BAD7@72A8BJ::FE7=ADC;CEC=CE<??7E>;F=II82<==7E;?A>?B<FCB;@>@=8C9<@CDD=<A9;OAI??@=?<D;A>22I<C;9H91989P7M88+>@:@D4=>//KBAE7J91C8=AD>;?5:HB;86D<9:F=?9AIE:<>8D;5DC;=G8<A96:E@8?BH77DGA6D.0?:7@C?C@;3;<J2LA<C7B6?<>D6077?4?8CA<?4@:9AEC5D=E'5?:8<D?::DD<@=<AF<EI<1@=EE>==@E732=?CH?<?D?:=:;K?;96?CBK=3B=G4=9QCEBAC97+@>;3CCCE3+2;?=B;CBE<7:9:3:K@>C=BE77;B=CC<=6<>BD.@CD;?=BB@98.DBC;;A38A@B457>7=A<D;D5?N<?EE@;>KG9D=9>9>7965<:=@>4=@@H:<CG;=4C=;9:>75C@@C?F7@?693>>9:<@?8-KBC89?>?BD>::E+KD==734=7701C@27@4A0D>BEA?9BA*8<8><D>=GCCD@676@@IA<F?@D3?-A>;C8>J/<2@;>8<=A?B9183=?AA3:>8?<:@DB?5=>;<@?B9A):?9<?<;ND7;>G;C9B7>-D=?G=0;?759>970;?D57A>=BC=F;E18?6F<@@66=<EB<=?AE;2=I?<<A<>?@4:;B5CD?@F08=HDD<8D<IL=;99?BCB.BBHE6FA;1AE<=5FG?CD>?:6B<>?6C@B@@8>>298>?I6;FC2=G:=ED?<AD8CC<?82>A@;@=@H*?:>7=:7>?,:CE=E87C>9>AB@:<>=II;F@B?5B:<>@A>:9>>A>9;<6==9?8A;B@<DC<=E?;=BA=<2<>@;:<:B=@A8<DG;:>:>D5E??:8>8B57CC<5;@E=;<778G7>>:EC?@>D7<A;7@?7@>=48@;<6CD>B90@;<D<B=97C<=B1A6>C:@=:?;I?>>=9<A=6CB>F0>:AICB@;<@;A7B3@=<CEHA:DA6>9;=:D;BABE>9A=?8?=?7I9;==92D@G?::?<?H<4C;ABE:AE?:JC@A1>B@?;7E=BAA8?C*>D>CDH<F02EDC@59BH/8B:@D<A?GCFCC;?8CM@>ME;;6E::5=@IBAD:G5C?A<@7E@:HD<FB3EA>=@9H@B?::=@=;;@=@@<E:,<;C5>6AB?<:>@;*8@>0@>7,9>?DEE.B9;B<8@EA=;B;;;@<E==-796:6E;99?6;8G?0?=5<;B<3):;8?=>F20BBA?53?BD9@;B5;A;>B:><:8:6<2=,@C<=9AB5;B4BAD>C;E4:BC;BC;AL<<>CK>?FA69?A@@/<2A@1>?;<>?=@=?=AJD9>?=<7B5?A=8AA6=D>E?>>6AF7D>7<9G>DB>=?7<H7?=7BF9>?B:98:BB6@E>5CHA48AE;E>BB@>3=CE@@@@AAH:AA<>=9=A45=D=C>=4>0<D?C=<<D<GG:=9=@@G:0;EAFD83A<AE=>CBDGA??HF>H=?DHHBE?D:FF>H@GA?EE;CBAF<M?C<E>?FGA83:>H?FC4CAC?%A<:6E>?F>AF8BGAAB=,EE:7D;AA<DEA<?@;EE=H>BHBEA<==E>9@>ABCD>;H>HF;;@R2?;:D<G1=@P,G9F9=6KCIA.0<BBJ?FAE;;==8:GB6ACAH:@872<:<?9=/1=@@HFE:<A/BC.?EBC>IB8C=A=%BE664DF@D65H598D>C=;7=A;8A@E-5?AA3D7C88@@K;;E;AK>3..>EDD=:BC?A:;9?E9;2::@CAEC<A@=5=?F*/2@<3C.;+=D:?>>MA?K<9C@K0<@>A<E9>>@B:>?9<:C9/B==<<=C<BDAD=G?DA553=86C?8AK<G<;8AF>:;?70=;E<;$;@L?%;<B8>2B<EA/A)@J==>>:4;>7;C709@@;8A9BAFC?C>GFA;?D>=C;FGAA@I<CF9>SN6@E3;?HBE;<?:E@CC.:9>ED;BE;=CG>CD==ADAJA><23<C?C4:ID=F;:8?;CJ<<?A;BGC?@?@DA;DI<>@D@<??A4;?:;E<2;HEBAA:=A<96EI;8K?,D8F?6?@=@?=AA<B=;C?D/@4/3?C<6BC=C-C;@7>;9=?DDFBC=9FA<:9=@E=9?>.BG6@@91;3D<=??;3:=K;AAG96A4<:C=CB9AB5D;:AB:1F::>4B;6D8AB@B?A<<4?5;*6@>AI7>??>75IGC=5>C>3JE?>@;@H?C;=9?<=:9?I>D<F879A:8:BC==FE299?;;:A>==872<CBGAB>7<@B2<C;*?09DB6G.?=AB7A9A0@<;?D<99<;&;/9?4@:??A<<7864::7><5=DH9A:/5>7?.>9;2<A:;F?:=<B<7AAEFB;B>=BA?F<A@4;A?B7>4076:9<B><=EH=<:==:8D5<>@>9@A:;8E@?:7>:4:G92>DH717DD;4@4CB<9=E<?7?@E>?;:+8==E$4==A7B9C::>88<>@DA=;C6?K=?8A1A6<6?=>A>;6-99B,?BB8AA314@@A>F:C;9;;=<:EC:;E9A=F>?C<<:A>CA?8E;D6CF@?>@D===AD@B:9A>28A>CK@1;BC>>?;<*J@.B?@698:?:CB<36A0:@@9A=?FCC>;CBA7<E<B<DAG</DC>EIG>@K7?2?F:B5@88BAA><;C:>B@A9<5@9AA8@C@A>6@;@A<AAEA=9=@A?=/F?4:J4=?CD7=CEGA16<=@>9;:>:@<13?98DB8A<1:<=?>6H;,6<>=AB==2G,BD:<?B6<;<B?A5K3H=<7:@;E@6A9B<?D<;?/<???+:?GBA?=;@IBF;9@B>D5>;>>>4BFA/:??E=9=:<8=?:><>3BCA=F8:>7>5=>FE8<5D<@F7CB?79B<:A;;55ACA894CC?>DEEAA:=<=NM;9>CE@E?=B:@@>C7A;=2=CC:HB=8;8C?@;A:>@AD4EEH?8IB56BHDD@=6A@@:<08C;DC>F<>@JA/@8@EB>AE9A4:CD?L@AB>GE>CE;DF;=JAC?;3?8==BAD;B=CD=J@>5CCA<5E;F?@B@@CE:?3I=<9AGH?>ECG<BA<:?:>8:;GK74==?=DD?@<?8;9J7CGE>I=EBGBE@G;@>A??B9A@4K<<:?@;F<>D?;8@EA8H9:@@B8B;;5:A>>=49H@@BBE3HFLHGBBM::==9M:G-F;:B=B:;<H<=IH>H<8;AE=IJB5C-30T3GA46/G:=@DJ74DIEDE=AB<9FC;D.<8ABF>F=CB:;0BC>HD=?B6>@C3@=5@BC@.CL@>A@G@/A8>ACA03D::>7C97@<>;EC6GC84>EF-C3476G5<?9:;A;?=FCB48?<45;AA:?<7A8=3<A25;-A@:B@3;1D<I4JB;=AD<;GE:D=>@<4;FAC8;7F:3C>E>@>H6@H@=:B.;;FB/H>21>ALPA;CA@2065A;8=;F6GB:=9H6979@;<@9GGB;>H?C<>>D>F?B@>C@9?<:??FFA/4=G>7;M?@?@@6>G=@F>8HG?<7CD8FEI6B<I@>EAB=A@B@>ABL=ADA=CFANDD:@<<17E:4G<?BB5B2B=1:6G5F763BG>=BE><BB?CA639>B?59J:=@D9GJ6=76884@AJ>?:A?E0C9:@@6:<<H:9;<;C@(99?J9?:/>>A;C9>6=F;22HD.01A=<;A8B?:.=;>?3D?C5HE8-;B4.8;87<B3:;5I?EGB?<>2>FE9BC.?I<6;@5A?>5EE@>9A8A@C@663==?@HD=FA8.DBB;6?D=:?4>>;<CACD08;=9CB@>>;;0@>81=C>7AB=?A<C5;>7?8=A3AF=<B>903C?F2F2=?=?;<4C?:EDBE9B<;@2><<A?@4@7>@?8D@=;2@79>83>:1ABG9A>$@:@5=/<C@=<=9:<7@@D=@:?A@9AD>4=.?@9D<@C7;?=>=FC;::@>9>?89:86;<<6C;8=68=;C3=;;>8@3@B8=>D@>:5;CDED9:GE@EE>A=AECC<;HB;?F==B6DAC7EBD?>A@5>BEAE9G@:E?70;6BEGB9<7CFHD;<@A@K;==><B?HD@C;8?@;7C>FC4BG>=1>@<H=>:A:8+C@=A@@D:?:7E6==@E7C7>A<;FCA?=8FE>?@=@=@CB@AGAA?@AHE?BDD;ABA>=CC;?B>G8>A@;1GB@J8D7>B@/<>>M?;CB@7:;D>E:;HEHAD>:AABBCC=BA29>:<@ECE?6>D4C=AC@ADGB=6?@B==AG>@O@E>A3A<B;>BC7@=DCB?B@?70@<8C:??:@6<=>@>?@58@?D>?9@ECF;A>/J9B:<;GC12@?A:CCFD@8?FB2=:DAH?;A??=:;E=9D::>:=;;@<2=9F9AAA?<@?KDD>>@B;<7.B>GD7B<F79@A7?>:8C;2@D9>EGCH2CE;=?74@=D=8FE99A;B;>@C51I<DDF?FH9<B;JA97;<GA?2<B=@>/B6B68D><B??H@BM;;BDJ:=C2?EFE??E?Q=AC19?;?86:E=B58-69LA@A2C@F7E@EGM6H:?7=?2:@;;8EB5D?E@MHB49=@;>:<@?A5;>C=??8?;>@J@?RQDJ=>C>D=:A@FBK>D=:F239=D@<>>==>7@D@=C@;=A;>?<6@:C4>;>196<7F;DH@H9G@>B58EI=>C4HD@8@564@:B=@B@>CBBD?7FE@:A=5?>>JB5?A8>?C?6=@9?C?A38C4=N;AEF@LMFLC@=AA8FC=DCJBA@7H>FCB5:;::@6>LA=H7EFGBI8;@;AE2@6;9@AB@IL7D9A=?6;D27E;?;TDA;AE>HD8G9<DQ<>GB?3T/D9CB@9:>A@8/;FCI>F7L@GBG?B?3AJ?;B9.GB1D1J?5AJ>FB=;9AB?A8AB=.9?>A:D><DA7A;:B=<;BD9C<?E>=B?=@8=B59>@L;63>=;<2BFCJCEGGAD@@=7D@C@:DBI@AG;A>;?=B67>G9:;LAJ=AB9=?C?@FC>4F8?D@BF<7=A6@>?;BD<;4AH?3B:=5?F8?C>7BAB?;;F8=?5;6GB>:?A8;D?HCE?9<=AB@&?67A,::?H>>:B9?=9(<B>>9=<9@B75.>=ACC1?1B@7>8@535;=?DB@5@68159IF@7<087>B?<=7>E?2?<H=@<@C;?DF?>==?7FE;<?:B<?7B=<>4=?55CEB><5@>C<@7=?7AG?C>>BB<2:>;B4C;@=7AD6:B>A;E<1=B=<80CH<@;1A21:976:06C>7J;7I8.?B:>;>=I;5B2CECB@F6<19:P87AH>0$=:<A:?2@C8@6>@767<7D<:>A>:>:9F7>7@G:=9@?:48>35?A>=H;<?7<EB<F???;;CGA?=E@8D8;BF6@9G7<D:8=::2A;?H8GG>>@BD;>C<;;?@;,=$2;:>:@<B84=HE><67@;?E7E1BG5A5BA4D?E:;0E>GA:;C?@@:6===JEAAA>>:F8<3>@339E+:;AEG>A:5<F?<>E;?CA?E>5AG1:L,@A=9??B<<A;979<H9D9B8B:=:79B::7=B:J1A39C@@EAHF-A=?=@A?@@=>A?J<40;ED?DE<HC@>7<?<;98E;D?DDDBG@>EID?9<C<EB8@E>9>7B?NBI@EK?>>BE?<B@D4=A@4:5:=9<?E<?F?>AF:<4;D<?=4DD=;<4?H:<H=;5E<F@:5DCI?7<@<E@>,@@G;:2G<M<?CGA@@CC<BBEFFC9A:><MCH3B?8GEDB<:>>6E>8/>IE>60ACH<)AB@A<>DFF;CEAACAE58@?>7:A<E>EE@/:I?DBF9@H=C89<<2I8ACB5(@?BB6;3;9?AGFD?<0<5@?<58?C=>@2?6?=@AA:C@B*;:5=AC=9@B?A1<?>><.C5<:<8A8@=>=);877=:CBG?;>C:=DA:>8?D9:8930?=8D483@?D<7CAA<;B?<@ECBH1AB@K<1EB@<AB@;7=94?=:3?E;@;<5;>A<?B;8@E@:>?5A;?:<@=?>@HA5A>B>@?6.F=?:<F?9=@>@?=GC6B1<:?7;0<AAA>AGE@7A:8A=9J?05:B@EC<827?@4AH8??K>HA:=>)4FQ=@B=BKBA5F8:-?E@EDDA>HE>AF8I8;A@>68@EH@?>DF0:=::=<F=?G@?57<=?KEBC@TBB??A7A;IH99CKAA:=C??>?=GG<<:4>HO?IQ;A:B?@C<F<?C<FB>?)AH33C:A88D2>BAI?@CBJ8;<DG93>=?>D@:B4EADAOB?AF;GH2;:B@:6C;4.DA7B5B@;>D>><D=8EED6CH<><HB@BCG@?A@E?<D=IB>B<??9?<A5CJA3B=;?>=:>;+@+=8;>5@C3><:?6C85>:51?:?E8=KD2DC;K86M>4G;<:9.=D3>BI<BAAA9@C?E;@@C@@.<@:@C=8G8E<9H<6:=;8IB;C88B69D<?<B?LBFE@?6B6A;DFEF6?J4CA*<;@MF<HD@JE>HE3<@K:A/<<C6>@;E3@7JGAEBF=>>9@G;<JD?8C1C@=8<<@AC;=A:D=;DIABA/CE6>9A@DE>;GED5@16:9CA>BBB??ACC;<><>:A<>K>C@DG:6B@6=?8@=6=<=>E?<@C<7F;>=A9=?=@-<53?2;69<A;?A?;654@=:<C?><=4;B8?>=3>7@J@4A=F><:39B9@D?;AC7@5ACE6>H<<?EA8=B@?<<=:>A479@:?B78=G:=<'6>CCJ?;;<D??A?:5?I70;@2;9B:>BBHA@<F7E=<B:<A>>8==4@;=E?5;F7@?D@G:9AGI<A77B@/=2B>>C?9;?E<,=6<B=EBD<CI?>88F7@8?8<?3BB*;B@:B21AA?B5@F4A;E>@F<8<46<>;AG>883D@>?>?LBA=@A47=H<?<JGC=:?4I@>>AAD>EF6@B;C@A>@;7B=B=8AE=5(F5@>C9C2@IC?76==<:8=CB88<=@2BC=A@B96=?E=ECD:B==;><8;>BD:97=::;7?<B>';@?D>H;CD6F@DAA?:3>=>;3?;9B<@F938@:<D9:@?F<4>?=556A:=2@@ABE7AC@@HEE;<1C@:>>>@D;?5B>?B:BB@>7<@BG?72F??@@C6HH@@:K8?=<5>A<>CA;535:7<3BA18DB=?@B<HC>L@AE?:EB8?8AE:=6=D-9A=/D6A7G<@DD>B-E@97C<CA?;F>C@A>BD5/::EA<7H;<;>C>GEB:H6FHD@;GC87E32D4>J?8E@;DB@@>GA<D@6EG>?D@DECED>DABIA>@G>D@BD7BCH;BAD;CAF9BDF?@<DB?<A;B?=<A=>>8>EH=CB;CBAAEG7KF@=@<FE@E9F=E-8=JCA>;==<FCD?F6>:HGDD888B>C9<DF;>8@>CDB=F7?36?@>=CBCHF40.89F@34<87?7B3GD?<@D-@>0@6>?5A?=<9?CAA><C:::2@<6;F>@@=78.8F?C;98=8;<BD;C286B@=/;?A<>C7>2=9@@?5;>;CE=789D.3B;(6=EF39AD97?>6D:F?3@=BF>;=??7A;<8@6K.??>C@:1D@9-F;3A3I=7>3@<E<:8D<<99?:@>6=F:<A;8A6@9C4B9<HD4:?9<?;HA@B5:93@=E==@?>=9A?/GBK>FD?D:BG=@CA>G5E@F=EC?<AC;?C6EEC<86;3EI<F?B9I@FGF?@988DG<=B>;?C@1BK1AA?I;9>>?B3A<9F<?K93@FGBHFEF;:J;>CM=I<9NCEM0AE>GF?@F:6C@IEEB;DEB?DBDB=EA>>>JEAHG@DI7FE@D@B:@F6;@IDB?DEG?FHCDJ8??:C<??O>>A>?37F<H?D;3A:0;B=8DCB=?DHM6PE<:GBDHJBCCSI=>A;8C@>>E>FIFB@MD>G?A6@@<@D<><BD8;D;88BC@>DA>@A@>2E@D=;713E=:A@A?FH8=BDC=E@9@E87L=@:@F9CDA7;?IE>==:D2>CFD>/?6FL7?A<>?>DD/?AI>B;87=<AJ8GECD?;CBCGB5?8HCD:7;HI1B<9EA=K88?CK@>E2C;BH/DBF=A?ADH=B<EAD3E>;:>=4AA@ACAE46@<AH5>>J7A@?MF74@E?:?>G?9===A<BEDA6;>D>>;>B>F=8?CA@B:8D'FA<G@=B>=;?0@;<>=A?@CD?;HAB3<A:GH?;B@B869C<44ED.<=FCA@)6D99@CDNA9DE>>CC@=><<E@<;@99?BEH?@2;:?F<=5KE7?5<4AKM<E?>A==?;&B;A>DI;=>@7EGD=E5>4>E>@Q@7=C=??E<J?;7A<H:>=HF=<@@B<.<EF@E6:C=3?E>?@8HBF;:GB4:IAADI@G@<3I<CJ<C85DD<6<2?@@?=:C>9389J@?8;A=:7B1C:7B5DE=:>?:D;?5<<<E%>B?3:5?CD5CC@7@29<B@?A<C=3?AA8A>=AD@:CB9@:D=K=;D>6B<8;?6>;ABC5=>!F??>C499;:A=;>D:?@6=E3@>7):C83A:6@C@>D;C:9?DA1BF?3,B@C0A:B=>=<?>1G887@?A@<A=65B?7<A;>AB:@5:<=DAD===A7=>C??=0H>FBCB69?42?9639:;8=:.D=65D?;4:>4@??@@>;<6@:@A?E3>=G5A;:;;879(@F6=6C=8;EC<28<>7;?876B6BHACBD9C<<F<HFC=/3?;6;D95EAHC>8C<@65C=@B6C@D.CB?;8A3@C-?<@1C<>E7=@?:<9E?>2@GE>;AD?;<B37719D>D:F3=@>E=>AC@?B?BG?FH;B/70=AAC:@F97>AGC;D=D>H8?EB;>I1:HB:3DJ>E:EC>?CCF>@7A<A?A<E?=>F?B@JD?FEA;>I3@=8<=CGD6=A<2FACDC;DED>;:H:B7=;@6F@B77@FB;:?:DC<=6>F>F?A@<BLCGCE=@CBGB9DB764:;@A>8+AHD<D>=D@86?6<C@3:5B4915?;93;5<3JA7C>9B7E>86E?@=A?G?>8=>@7HBE:B8;@A1GE,B::;AA5K7/>B=:=7=C@>>B<=BB6HBBA<?8::4D9H=/CI?A*8>9J;*>@68A<F@9AA364@>.+5G@=9;>;>?C9EA=8FB9F>AD80<9B>9;30;;=??9@/@;?9EB;=BB7?BB9999DL>=@CG:AC7;?E?3;??B:<EB@8.I3?B9<AC9:F0?<7D7D7E>BG.@B<9>FBC<>N<1G6A=D7B>@DD@>B:<>0IE4HH<;JHCBC;CEJBF6@>:<E<F?CLD;5;E>AF=A8G8>BAE7@AA=EAE/=GH==?=8=?<A@F?9@A?>8E?2QEI5=<E?E@FE?A>?CC?BBA?E:=EEHA<A8<HC@A6CD8C9DA<?CJHDAEE>CJF>7;A8CKGKEA<??C9B?999GHECGF>ME9BB>@HE8=BE7BA=AE@GCAG@>>=FLJ;=BHF@6G?FDAJC88:6<<?;<G46G@6=A:PC8@<7C>HGL5B6<=@B>@=@@GDA>=AFC:?>:E;@@EIF=BA7BA5@BHDA>@-@@;B>H=::<9FEC2CD@;;569:=AB@=?BGF=:>@APD?H6:?=A3@D=6MD<?B:>??FC=A@D?<CE<<AG:/CBC:>9K;C:8I527CBBF8><:D=@G79/BI7:=?FBC;I?9;G;67;A58:<H;;?:=:DEMJ==<@LCE2@BE78A<4<3@3C40>@=9H;9BB:AC=C:C:<<E?50>>;B?GD4B=8??<=E?=D8CB;>DA5>JFCBG?:CEI?E;<>@I>68OCB7M:B:8E?B?@2A=C7??4>?K7HJ:=6D;8K?IDE?;BEH9<?D=@>H<D>79?.A;<HD@A??5?C>I=GAF@=@@FHD4=B?>8D>=6@<GNE<@A<-0D;=J@C8*A5B4:E>=G99-C5=@E;F98B.<;?9:;ACA85CBC6+A=<A?@=9>4:ACD3EB>CA?<:=0;G6DJ@>72<@=A>3>:;;:<2=B?3A=:>2A;@;)1C?B<GF>H=<D;DB?B>>F78D:6>+<>FG>:<BEA=9??B?=8I35:E9><F=>;A74G:;IA?@;7C>BBB5B?E??3B6E=D:A?><=E>=H8?E:B:<>><E=A8:=C0=0C<?=940?=9>BD?4E@@GH?;=??=@>@>+<@=8>A;H:8E:9=7FC-4@C?B>:A-H@<>A=@?@<9;>76?B@D9:>6?2?7AE>;>;?C7;=66D5B>6<>;<@=+>=@457GC:15@ADHA;;9?@>@@<<95:9A*::ED?91=99/2?>9E?91@F@D=68:C/@<C<BHC>C>7=::?B?=JA:C@A<>?DD5:A44:@;?:A8F:8F8A5A=@FC;B<:>C8ED9=C3;B;@<9?=9AAABDFC=;9<A9@DA=@A@E62AG===ADDD@=A??BEE?)<C3==@A?E@8B1G@<F@>;DC1E<:GH@?AA?CB<7CGCAD=9DGE24AB:E@9>F=45;ABFA4;H?9A+H<FCBFD<;9@:G??>AAA>=7DIA;;99E=AA3:>;?CCD7DB=D=DBD>9>3<E<3EBE71B:D?1@D?8:;G::?=;A6B?9A67B:9@<<B?<7=F=:<*=A<9>C<EB@E=EBC?@8DC>BCAH?FA;=E=;AA<AAA>C7@EG3EGG@<:=?<13:>.;<99>/A?AB39H878>;A=3BD7:=3-?9;65<7?=9D4>:;:><B4>E<?58;:?AG:4D>6:@A@E6G8:?;B@=7DD62=7?@7D=K;7>7D2<9AGD3G?7B<:C:D;=?:D:4C>87:7BCJD1IHF>=;8D8C>;JA3=CD2EF588<37AF@HJBGCD;?@ACG;BCA>==?D95>:DF?B=@:?DCC96A@FBB@F4:C?H;>8ED5G?7DN?8A@CABA>;C@B<@<:A@AG=@EE@>+2C<K?5B5G64C;;9D58B=B2H@;A:,=AG2?2JG>ECB?F@?>22;F?=GFF>BFPIF-F?=EFK?<6C5DCADC2?=B@5@BC9F3CH<B1F>:=DK=@;@9KG8>E?>:IA>BAEH96D@B<><9@@:H3:M4H5<=H=DF18CG?B:8E;D=?1?F;G<D<>D>=E560EC=;@4*F9G;1<8B1=IA:=B;?29H077?@D>C6@==>?.E<>D>@G6D<42B:B46;EOD?.<A>4DB@><L;?J@=>4CB:@>?B8<A>@?@8:8B?C:B0>7@>D<:B896B@?E?8F:AA>6M>?:E:?AF===B:I<8AAEB?E<AF><<G7I>9C;B1<>B>IF;?;@89<<@;>@<>C>;BC=C??>9?<9?785?DA=65G;H2BBIC?;AE5A=AHBDG?@=>C?4>EA>A?;A@=A6A;A>></<;8?>:C5ACEA8?=BAFF;?<9=DDB@BGA=B@=<E@@DE@4A;;B+86CDAA;;A@A2>98BBD6;=A57>CA7<:@9;<B7@2>;A<?@5;8DBKDFB@@DB=7ADB=CABBA@;B=CE@95E=BJ;D.E:A4@8E>@CB?;@CB8?AACA>=D:EEA;=H880@EEAD4@CLE?2;=AA8>3AE?O:D<H?CA:B;H@5B>B@>?4<ABHA;59A1;A4;6=189DA;>=-=5?/B6.59B9@@A@B<F@9=B?2>6(9B2@7<:=@<;CF>:?1978H6>2:>>3;5+.AF><C6C4;F@??;7@<F:6H1.?4=;=AAB>;:;>53@=>>I<<;A?8>;B?3;4=F9@8?</@<?CF4;6<7=7A<;,A:?93B@9?88=B-B=>@6?=B<5@<:7:A:;>>8@C:938;9F@3D25G8BD18?:C@;;@::?2.C@(A5<7=???>=9;C6@B<.82>E::E76?=<55H6>9<5;=;?602?A9J=J25?8F7==D9<?<=9E5L?=;=C;86B>@:=6;7=:4;E=;8BL>6@DG:B80>;8E7H5?=;7/=>B<B>BA3@<=B=;:;9=<:A;G?=;<@=G@@DA:GBB1>E<E<AAE?E@C@BAH;6EA1CBE==G;>;?9>B=>ECFE7:=57ADD3>484:;<6<;/DEB?:C<EC5BB=B>4@@:B9:C>DB>BG=</DABBDE@I>BF:C?@A=BA?<A?C>M>?:-A1:=B>C:E?BC@C9@A59=C>C6=:7@?BAC:E<C58;::@DAB.7GAC5/@7A=@:@5<;A?2B?=DFH83A84??<.;I=A:3BB;=C9G@;CCH;C?I+@@0=8I@+==<F2>>=E;=D=AC.5.=.>4<:7=:H2DB>;:178>6D=A3B0=>AFJ:,F?9G3:=:=G:9?B4>;@8D98>=5?<0?;9:39<87C8?F@CAJC<H@6B7.7050=@7:@93;B70F?:FC@58A;/@;F4FAC=BCE;2>@E9C6A8CGI<8J;@<?19=>B@HH=9=9?B;>FMD<@3J8AL?=7I>AF?>AF<DAI1FC9=DD@CEH>.B;?DB8=AJ:F4C38B@10@C?5J@I:?C:A?EB:?C<<;:7@?L:?2<JDB5EE1/6C<G.A8=L87@>9@<EJL4@??EC5E=<A79=18=EC8@=H;3@EC>?3ED:C8ED93<7=CG>B=>@BEDLGDEF3BB8>C<D5O5@584=@;2H<ACG?@F>A=5B@7CG?J:7>1=>GK;H<><B@BB>8D:83<F=9B88I8C0E=C@:2JAC=@FDC@AE4=;B>H;;6C8BB6:D:?<><BH=8</=>22A,?>B3D?1D?C9;@K:ADA?9B>,02CB8D9?FFC='CHA<B::EBDGCHJA>E8B>A:BE7B:=6D;C;AA?><B@C@@@:>E+:@DEEE;=C>7@9$?CIBD?E=D3?B>@;@BA@?:@@G/BCDFBE8>?I=?E<3IE=I?7=I>:>8>DEJC68C)@@<B<E396A:B2BB<>8G?AF>B28??<N>:BD=I@J=C>6=6:;H9K=:<G9>>A=>><>:BCAF=5A=67CD>?=>?>C;CMEABF@DC;6=<I7<?EC8@GBF.A?5F@=C<=7=<:;=H5B;4AE@<B5VE=C?H?DF:EBA>@1?C>C5>>D/@=EG?/@;EGEB?<F?:.A5?EB<F=>8A7>F@D:>=9;F>5GAE/85?B:<,>8D@B=>?8BC<BBA3AK@@=I@J:;=I67JEC8C:;=AD?DC=7<)F<=5;HIIEBAD<DGE:?E@NB?@H>8;>8A<==@==@B9E>56:?>;?EBB=C:=<C;=5+:C;>:>B3>@766<EF;6?4BC<7:B8>B98>?D4;7FAC5DE.8A9=7>?8;9;H:47EBBE89D>83::D?878?>;639<AB<=F6=;<42=?2@:=?7>156/>?46A00</(:*:3>:<;8?A8:>@;/@7<CD9=D5:A5?@B?;9B=A96:;@?:>8?A;6??=8A?==:<<-65?:@:<H9=GICCCH>;??A=?<2=<1=:>9378E9D<>G@:B<;=:>EJC>>92=<9+7==::C@>6?F5A>BE:>EK?FB9C1?:ECD@?B<?E:::>><B=::C8>A=;B?6E>AB;;>;<ED@A@==9>8ABB:>ABF?=<3A?<=;@5@3;=$@E49@E9>CLA<>8>59;;E<>?:B@<78C@4B>G1@>;BFC8>BC5;4@=D>E-?AB?A?@=A9=E<>4:=6B;5<2D>=6;C9<@8@?3BB@:E@C1>8@C@9:<=:=:30;9G2C=9>D8??D><CB<@6H=:AC<8E@974A5>G/2=769EC:>9>=:>8D<;B;<D8/E6ACF3<65E8@==86G9+C7>;?<0,;;?@:@::@>:<?@<@:<7;B=3@;B<7>F;946>?=C;@E5B5?G:@D?<ED:?C4><;=>E>4@;E=:;C@RE;A=I=ADCCC.=C=E=9?@A;2@@FC6=6@;CB?AI;8?@9C@AA;<;<4@8<>;,9D66BD8AG6>EA:BAB<B;D?@EIDF<5F?==CDD>DB9>3;873B/:K=FH?A7:;@ER@J?EA=?CAD9G?CC;CBJ<;3JE@ADE?6BB<I<6<88BGGDFOCAA@<CGB@GBC.;7?B:AJ<C8?EC8:@9G:>B=ELJCF7<-CAEE:6CA>CC;C>969:BC;IA<BBCC<78CE?GEC>E8:@<7@E8AC@DBAH>CAN@H@>CC=G?:?B;A<EE;A@7?5<:@:DA<9:A@K4>?F+;AJ?<?4FHBF7:@??C9G>EFD+7E@E<@KBB:@C8GB<;B@99D73:<?9<<8>0D<?8G-GE:>C;B6<ED@BA@;6CDCI<A;9J@B9;5GB48>B,FEG/F=@9MI,==AB>G<?D0;D7D::971JM3>7Q<D.:2E;7A<H7@MB>C::>CIC9A0;=0A<=0A<@9AD=A;/?;AFI=@?;>C0?B#:?D@1?>59@B9?5:I,BGB:88:B,@CB9@74EBA;7J;4K@G:G>;<9>:?=35>4:CJ@<?@AJ?K68I;>K=GE=1:BDAA<7?FA?3=>FB>7>>(@?D?>.@.@;GH0ACE=@@EG,@89:460>BNBBG.?DC=94?7;?@?;0F2@AADEF@;E>9?AA@:3;584:<CG>=&C56<=::@AC<0A<ABA?9A9F>=9<BFCC8E22?>@95@;?65@E=D@?;A8=<:,:=8<E=3?F?<6=><A@=C.9D9=KC??5D6A3=AA=E?<=@:<>;F8BCCME=CC8D@GCA@?B>@2;297B;E<B9?@B6LE=>9<=C:A>9;CD<><@E:A@@A<?>D?CA2DO@BA?D?D>E@9:=?<;AF:9?=@CLC=<B@=>><E@=C9<C:>B?<D8A0A/6:<5@?948+>D>B>A9>;AG37@A8)8=D:;A;7?C5<?BJ=+<>@?7D?7I=8=C42??B8?=:C>@7A7L:<>>D>>3E9;@=>9:<D@<B>A<C7D/62@>;?9?(8A@AA6BE66<B618??;B:>AEB89-AB@BAAE3;@8>9D6<9@15@>;:94@=3=;AF3AGC9H>>C+>C?I7A?7:6:DC>=?F=;<B:5C>;4H:F<;;<C@*?31+BHF=3;D?7+@:B6976<8543EGG@?<51D:@789<7?=@D<;==9BADD6D;8>@;9>=@6;3G89@>58:;@@@GEFH=:57DA6A;;4<>6EE9C7F5DC=3>?CE>=;1::J>4=J6<=@;8=;?F;88B>:EJ?=4RBDDA>A;6?>D7/>;C=?5B;D=5=@HG5B8A7>B>G.FDA??:B>BA/G68I9:968@@7B9@?JA8CK?3>6AAE?;6;8=I=:<9;LGG==:B=0AADC=@:@B?A;;F9D0BD@3CCAF@459<@3E5D?6D?97F98EAB3@E<A77<AA>9<@<<B2B2<6B>>AA@C;;88?BC63=9B<>7DDFBA@?=<=6=B102:A?E;=HDE4E0?DA9A@>?9:9@<C0I><-C5=3%??CC;=847C@7@<E:?=<AA8@><CDA6@:CC5@?A:=?:B@*H;DI59>9=??7I<>7A1IE1??K:7<>A@AF960BE3:CFEAGAB84AFE33B=:A=A=;A7A>=ADE@AE@<BI74C@ABD?.EL0?>>?7>K4@C9F=;C??>:I:F;;B:@HAAA;CKA=E?@<>:GE?=@AD.F;:CEEDH9E46O;ED>D9;?@=@EG=?27:BF?MH:5H8?;DACE1C<:B?8D?H@AAD=AL=@AD)@?<=9K;E=HE>AEC<GFA@;>:-8C?:6AECCAEG8H??HHIA?<<@8G3M:CBF>@:27-A<DM?F@=@/CB9;G>>95=<D:5EBC?B@A=6>6==;?D@2:?E:>4@HHE=9>AJDBA>EAEC9A89H7;E>080;@BC?B;>:?7<=A<5??@@?G;9?EB6ECFC@=B<E@<87J:FE6=>8=/<H<B<@BBA?@G@<:8:5@@;F;G=F>@DC==<37GDHA?<@BI?=A>%77;0=@=92CD=;::F>5H;>>FB.BA?D4:AH:GG>B@>F>D=E6@BAE;B<5B6I:=:G:===><B:<F@4M>B7B:,E8>*9@<6CBA7>7C@=6=2<H;5B<FA@=BF<?4D;8<A@H7FFCB;?OB=J;CB<01N>AC0L@9CBI8E?D?>DCA?=?G>A@FB>E;<@BH;=B?>B<A=A>;84BC:2P669G;@:A7>C7<??;?;?@<B>4;;A?;A>:@2@C9E@<C7=9CD7C@>C:3>:0>H6AC69B><>D=BG547C=6BD%>>;<A@E=@:@8@:ABAICCA:<6:;?<AB5@AA;BA@>;<?BHB<EB9@<<@G?>AA?@4>B?G@><9D?D@:9@A?<:;;BBH@>E;?;EB/B6BC8FF@A=?<8;E3B?A@;=8=@?67;?>;<<<:><;@?>>C;BD;A4:7<DC<E<9?CB:46=9E9=/:8E;:<F>A5;6:C48ABC:C?/7;@4A<B9:=E8@>85C>;:C9;@<94F<37F5;:A=239<<C;?6<=A@789;;A>;8-9A8>76>9J<:A<AC;;8B>A;<G9C8:EE>@DC*5F*@5?7A;>CA?;989ABG6F<<9<:A;9>:<6=:70?B3>7BC=>8BB?C<<>:9;>0J@7@99H>7<E3?8@::?@8BBB?8=CD6=?B<9?F>@A?A9:E2@B;;@>B>D@B9A?62=D48=@>7A<58E<=2:E=+9?>21CDB89.=8G<3DA466D@&5D4B8<4<<D5F=>;>7<8BD>A=B;>D=2:9@E8;5<>@@G<3?C<<@79A@<09<><4EC;?=?8>@J96@<@?=4D?E?IFD=BA;I7==<@9C>E=EEDDB=G@CCG<>EA6;FI;?H3E<@;B:GL@G:HGDBB<A>AF=ICGC<@<1>)ADDF>>BDBH;E?AA=BB>F>J8CE8>:?E-CA?:ECB8CH>@ALBAD<86>D?=;=0F>AA<7AB<?C-/6>=;BB0D?@.8<C?>9E@6B3>9@4:AB<3F=9E56?9F@::==:C=DHDD>;@;3:>@DA<B@CEJAEB6>>52BB@7C;F>@65A?E4=@6?E><07?BBCGD7B?C>@8=G@1A86I?JBA36<=5@;;A<7H;F?B>5@9@JCC<6G>C*C<>:?@E27>8A>D>@CCD<CAC;9>E8DD?EA>AB/G<AAA3@I:C>EG8C>:6@FC@==94@6=:?;B3D3@7BEGJ9@F179HG=FJ5=EDA:=FD4<89<EA5CC>?GC@A>A9>@<I@4=8?;C9:D9::FA>F2@BL6@FD?2HH=K=8>A@1GA8?@CA:BFJICGA@IE=CA:D@M.<@EDCH=9>;EA@99@<C3A<G5?<<?F=EIDJ>16:?><E22EFC6A5DA;?EEF7@G@DC=;:K>:H<=>F9;BA?;><@>:?@B>FCFJI<BFEB:<F?6ELFBDFF;CHBI>=DC@DF@CD6B7?=C7@@9OF@;AG<@=::;CI:>,5;/9>M8FD@BQC4@>568J==5I/=>,?AHCBECC4H<694FB9K@APAB?AB@;A=@BDAA8;>@>>9@1EI46<IBGE3FB??@B=@0=>1=@97>?=:.>>6BD@B>C>96;.444?@>CCBA5<@7<7:K=5:EBA?>:DA2>5C64;A=?G:B=N6<>>=>:=?A@IA@5>9@EBGBC:;J=AI@==AH6@A??1C9<2A8?<=ABHA??94/>4B8<E6I?;ABM=D>D4@7DCA4C;F@<CBF691598@3IED9???F:>J==>=@;@F:DD=C8=??78@-;<I7;7==?7E?J5@DEJ<C4:G9>=8B?CB6;>6DB79C@>>FD4@=A=>>7C:8DADA86-<>D0D=6?<B@EE.<D76@;?>:B@=:,=:A?7;738>3=EA8C9D=ABC@D?:EK::==?A3=?D@;;AE=D=>7=?JGC:I:B1BFB>?<=??:9=2BC;@E17BD@=6@E9==D*?<D9@F9BA>4AD6G;3=6?B><?AF;B;B?FAFABB;2@97<>GG5C?<6@<=HFCHH@9=A8=248?D7@E:EB@7>-B=@=-E9>=LCFB?-D775:DAE>=>BC48<@:B3>9;+A;F=6>7;>;8<7AA;<@A;E>:<>4-AB=A/8.@?@5:>>=A:0378;=><@<=294B:1A57<?=>5;3FE?@I33A==@;>G2?@>E?A?CC0@;/A*>9B=0>@;</@>C@6-4BB<689B;J3=?E;;4@@:5D;<@=;A=>;<:9B79</D7B:>BA@<;:2;9;:E>=C@C;4>AGA?8;H88?:>AB??BC9=>A2J@DB>5A'?+F;?8029>99F>75??EG7;=D9?>D@<>1AAA9A78;::=B<3K6:;:=7<C9<=3=73<?ABCGD9:C948@A<A99C0*>A@5BB4<A;JM3AK?=@?A97??;=C=9CD=?B"8JA:H9?E?>C2@@CAG;@2:;B@<;D@F@A;A9CBCA82@AD4FJ;=?@6@G@=ED7BC7:B>>8;?<BFF@;A>I6FC?EBEBHC<>EDDAE/8:JBE<?DB=@?F3CJ8B8?1<?CB-L??=:;>AC:57;1<7D@C3B3C@>=4C956<*?1:H9<7A:<<>=A?@=74A=>??>CFAE;4>?<19;=C9A@=E?7E@1>=9:>=;?A8DCB<?F5>B8B;;>@=LA;?D?G*@BDA:EA@J?D@B;C756C@8=99@5A5?AEKCA2=B?:6<99:F5FD4C7@CDBHDED>9B3@?H1>:>BA?>G89?A?BA>=<A>G@?858=;CH@H=+:7A.G5>:;=KL@F3D@C2HG*?>@@:E:EB;LC@F=--@AK7E;<=B9IM<KG@=IAC6>A;BDA=8>@@=?BM@?CB8;8ACDBC=@B?:<DA?K:@<D=CA4F?I4E=::5H:<8EIE?EI=1?;EE?;GH?D0A7>@=99>;>3K;DC/@@@=BF8?CD@FFE>@>JEBAFBDEC@@ESB>>CD@@>AFA48B@;>E9C9A4B@8I8A@9=AD<IC@:FFF>ECNCFG>B9CCKEE7=C8F9DJFD:D=IC-6H9A;I;?<I?F8BKAF@?;=B<3=K::;;:B=CDCAC@D1DHA;F;9>B@M<D3F@-25=;?<G@FFBC7>-1@??5;C:A4<7AA5C=;D=A>5ID4;FA>6=?9F8F/>;DE9=":;B9>B2ABBGB@D::=;FAB<C78?.C==G4>B>;C8>5CIABD?EC@><>G96E@;CF=AI>B>:5:4?D@FEE77<;6BA56=<(C?>><?:EL>5?EAA98;9FEDE34EH>9C;AF9C0=@8DC7@@<0<=6D@5@:25?H>F6AG8D>;=@39>8CD?9DL4@@A>7@;;GBE@B<E>B?=B<@?4BB@@?6<L36>D<@7<;:>D>EB79=G==@?F?069=@<<A7A?E;B<=<9<2CA@BE6A<A49CC=F:C><L7>CB,AB=9B>A;7;@::BB=E/;3=?EEA/D<:D9E:B<A>:@7CH54?495>BA:AID;E:7C2<9@>H:?GCAG07=;1<?=@6-F>:=E>ED..5E@DD78>@@CG87:E>C>;C@@?A@><A?:;C2E@C@>@L*==:7DAA>=?8;E>2:GI.DC7?KG9>:>LA7BEDA>D>@C48L@A><:D</E4B@?B@D<<CF?=6C/;=;?=;?5;A>@@C=:5;;9@F=7DC@4A9>51592<=:E@@>>9E>8>>29J.@96>;E?@A;BAB0C:9F;4>:B9>55AGAB7G<GD>A>A7B87F>B=GE:=E7+><2AG<B=@8>4:<8;?><=0;A3<?*;>;1B8HJ6>*>8I6;J7B=A;?9:=AG>78:A(0@=;>B?>;9<E=>>8<?6>C2;A5<FB<;B:4C833?9@CECD>=95D:6F>AA?@6A>A<7>?:;B<@D>A?@I5A=A?E8B>>AAA?G?:7?:DC-@37@CCD05;C@7>0I4@,B:F=9A@@@BE;C:796ACG>;8DB@<44<=A9>?8?EE;;H@K:BACBB:@-AA?C<C9A=B<E<GD>@1DC8C892CF7=5AB2>@D=B;?D9@1BC@D93F:?E?;<?B5B?F1K@4=A>=6BC9/@>@4C@;F?7L@?D>AAC=?G7@G?ACB:>?ABC<8BJ<G@>B=:>DC:=A;@B07>9BD9AB<9>@>=;G27<?<?CEK@AA8I>C>8C?;;?@=BDA@:E=<=5>6<CH?@B=B43>;??>=@D=G:@=A>@?DAF>?A9DCFDB73BA=,3;><=>D>4?E396A9AA3A,C7<6A>9A4?=;=6:=;57;>G><<1G>36<7=8@I75B><>@>E6D6=3?=DF?8?6;CD35FEF8<8B*D7=G6>C<L;:59?75?C;I9F>D19B9?=E8@::;?F:0?J7E>;@<FADD99A/@=BB>:>>?DE>>=B<5I>A8EHE?A@??D@:AIA9?CFA@<?C?FEBFK78ACIAB?CI??>2AEDAA>?:GBF8EAAEFG>DI4BFEC<;8E<DEK@1@?>EBGCG7DGBC?C=?AG?K@3>AG<CC?K6=G89B@?E=>@;:C:<A?B@59GL;P?@J3HCCD<J=B>?A2:CBB:EA?BDI;=<AJD<C@D?8D<=AH=:EBG8J:B@FHBD:I;?>3>GF?BC7>3ADBA=6H9C?DG9=C8F;3BC9/E@8>DGC@BF:D=27.5<87I=ANFA=A>:8E=D6C@C3==??H;1<8;8A7I@>;@?M?>A4:8C>:JD=8493BE@7=CEG4?G=><8-5C=9DC3?F<I@:<D7A/E<7?<50;C7C-;8AD;>EBAAA:?>AF;C:KEEBA?:<F<79I7D@2=@A:@85A:9H6C8D6;:-68?5JFC=A>:A>C?AD:3>>B8BEB?=B8>B>>89;2:CABED?>A?:1<C=@=B798=<=C*M;H?<B>C=3?BCF?IMF9:=:AC7=>E?86:;.:CG?N@A:;H2>:B;I>;D>,@1@==<8HA<H=?4?BA=8;E=?9@C@<@C>3@>9<H<99B;A2;@B:?>?@>D@:@=;<?69A89>A@95CF<=474;.G7BE;<C:>=9G<=;@D@C=:EBD@=8EA?=>2;D<3K<789:@G<1BHBE=E7BD>?A9@A7=;I>?B2>F?178:9@/<519:??9@A8:34@ADC=>A4A62A9@;;AA?9@=AA9<E43BF=C;A><6<<4:DH6?@,B<=::;05:<<:82AG<@:1:6?;8L?:@9CG?;9?=::>@@>09>7C?;????;1=F=>?D=7@:49;HG>D9>A??:C3>;H=D@BAC9@.;=@7;>C<;B9B@9<;>CH<8B@9?(2DACD7-=;+709<;<?6<E=C@8;<6H=@FE11BAB2@<*A@=>8;9>7:@:D96:F=G=<D;6<<=7B1<D82:9D65@@D.@>>=>?:?>F>D9>B;</BH;:?7?9;397A:E-AC5H4?E:FDA@C:D>B7E?B=9?>B;<?:@:FDC8==7;B>7@?=B>>E:C6>B:99B=C>DD?;7;A=A:@?AH@/;D?A@6==E<4E4@=G7DAGF:63@=@F>=>E7;7G>8:ED<==><98E7B:=?DHAE4>G?A8;@?7?9>=FA7G9C9><@8FC?E=<AB<@@B>F6GE>;GA78?9@<<+>FC>C>CC9=:=>>:=58D8C2>B34A1C<>C>;???BG;C69@=FC@=:BBABB6<@AFC??DA7CABAA?;C86AMHG78;1;D;>B>F;CB><>I9E;E693*?ADAF<;8:A5:2A?;:+8?@:@<>96@@F@;>=@198>AB=8==E7G4>D2=>8C@:=5<?BF:?:EBAD=98A;?BF9<5?;F?;?:6@EA;2:9?;BF:C::8B,>:D>9<:.C70?;9@F5J??<89F:A97=7=<<;C@;?;4F@A3D2;<?F@>;=?F@99>7JG@6@6=C;96FL>D4??B>D<>;5CIED8<>F::=:=>=<<7F5C?BAC?CCCE=<>=B:?D9;F<;?;>@KB@C;EFEFCFCABB<GB=?KA9FFBE@KI>>GB@IEHF9BGGD@57@6?>G9BG<B<?HNIB>B1J>G9BI;9CH>8CC>>7E7E8A>=<CD<CB>4CCAFDL@<?4D:8DCCBH6B<@K:??;G56;@?DA:7DJCFEFJK:B@BD=>FBD?9A>C@7D@><E>GE=;7BAE?9HB<GABD99<A=DD8D9>?IBB=?@=?O<DEAHC@F>6::@E=@;@FJ@7D??BBE<B<6?AA>>B=C8G4<?:>AALA?@0B&D=??I=D;:7;7@:?GDF9G;B<=1=8J<<9/4@I0@A/BD,B??=:6:<97B>==<>ECF=B<DDDFAACC<C@D:G>=16<H/F??2:=?H?DDA=??<>D?E>0<?BA5C<<9.BA98?D6@AC>57==E>7?B8G;@6682)C1>;51>B<=@P=>??=9=D:?>B96D7C=5>3?;>C6FKGDFB@AE2:?=56/;?.64@@>:17<H>97?9787B>?F@AB?<@1=E>D@@@C:AAAE?(B><;9?=;;9A2E;A75B@C6<4C8=B:8>3F8>765@B@C>A@8F8F=E<<>94<1E77F:;38AE=@E?CBD@>I2?91?=<B==F1??I6>E?;@=C?:C@>@ACA53?)1CB:=>:>/7;08;?AHE:=A?0FE38CEABE@7BD;<B2B=?=:<+DI=5HJDADC;A>EA9==BB?D48F@=@:?>5>DFG=CB<<<8:.8G>BH<D>B83C4?=7=<=BF7?8=2>I&:A7>D5;B9E7B;9;GA1DCC9?6CAA@=D,752D2???5;O@?C;<3>+-;A=BD<:59D=78BA:E;@;3?36>@6=G8:><B@:;<>?<2CA8?A8A@>?9GD@18>;?;=67;?7AACG-::C7=9D@@>01B5?977:>;5;?=CDH2286;>CC4>.JAA<B9=@3A;52@853>?>?=AC.B>-C?F@=>?C>?@<7=;9A71@49=?5;B@<C<C1<=?39;98==-A<EB79>D/=C=75<92>?;59B<F=@@BDA>B?EG:@4@>AC=@:@AB9>=>@:>F;D=@;9C;CE=;?DEGGHC<ABC;>D?2;7=@EE=>F;AD=@2BDC<<3BAAA@6D;<AG7E?G@:71D:1GB?:1:IAC@F=<C?G?1F;E8;72>5==@?C,:ACAAAA<II;@BB??DAAD@@EC@2ACFG?@=K9C?BB:>A@@99<.@<;DE@:GI>?FF>><?3C>>>>>?B<??>:HD>@AGB?:=78?5<=B;@CAF6E=;BDDF8AG<7FE:;A;4GA@:;><@>:5:9<=21D==5EAA>@CG@?=:5G3D9E=9><;@5@BBF97F=DK7A>:-94FA>B<8@AE9D8C>CB9@>5>AB4;?97F;3??1CD>@@E;DAD2BF?F@7?<?B=4>D;?6E@B@;C;=;6GED>BC?6+>C4B>A:@E>@=6<@ED?K;A47A;@4A<7=@B;?G<81?5<>CBC1@>?@6>>;?GA;B?@9?;=?9CB5GDE:<8=DEAC=:D@A>H9EFC97<:E@A@7:C>H4G<JBBD?>B==C?AD=@;>?I@>B8?=DBB?HH?<ACC4A@=F99;=CA<=EBHF=DCCB9=171I=LEHCA@DCEC:;8=DJ=C2B:=?>;95;>A8=@AAKF@9:LCF7.>DF;@E@E6EC9ERC>LA@@FJ@9I8;BH/B>CEE@HCC?CA?:D?BGTGBKFJO2GCQ?ELD?><CCCCJ1999=@D;GC?@C><ICCEB:=HED?@B8JAIGGHDG>F>BIFB;8<=GKA:BEJ=@4E3@?CGDD7GBA.CD==?FD4K:G@?:L;47=;9FBSC;,G?C?F>>BAA=@6B8A-1IA=6@C6C>:9F/FBLH82/;;FH5=EIEL=LB@A>D/@I4B@DHCAA<<<@C8=BC<E?5?/D=F1DA;>BDMX3FF.@AI97@C?:=E3:B==A<7@AE?OB?<C==?B0LDI:<2;GA@:=C>F7<C8@?8N?<@E:?IH3>BCAL7:;?BC=<>F6IAC4/HOF6JAB9<@C:=?A:?;AC=/9B=@=8F<DCD+@F9=@ADH='B@BE?=D@<@=@05;C7=>?5E6?>6@@@5D????3=;@BE;0@=89>50CF?A68=6F08<?::+C5@KA><A;?3D:@AB5A>79:I1A@;=8@6<BC&>7=E-D@AB9@5/>@;;3ID;:=3D3*3B=B<8:,=L807=C@>@AE@@>CD;@DA@7;FD9;@3B@:<?A9H>:=C;DA8F5E5C====F7B:B?DD@5@?=BAE5;<C:<CEK3=5>>,?;=8>ED;D;@<@;B>8>=8C5D9EF??;BE9;B?<+@?>-CC8;@95A>995C;8;85D:=>3<C49=<@<B9<=BB3AE@?<<B?;?>96@@;7E:2B<@9>@>E8=86:C@57@?A<;6>0A<<>F=E46>?E9><<A98=ABI+A=?==A?A75?19:43=6H5EGA>>=6A=:>@:;@@EC>?>D7=?B;DCE;?0:<E6<<B;G7CCA;=C7>@8=B@>==E=179?;?QH=>>?=:=C<9=A;=?6;?9@;CFAA?C:>><FBE79B:3A:8A0C;E86C=14;6:=<906;DLAD@HA@<<B8-.C98;=3?K-==BE9><C<<I?:?EK;3=:@9DH??@?FFBB>F<?7@2<@@:=;:;.@C<@G6D@A1:68>EA8<98<EG2@4=D>?6?F>?E9@@?E;F9CB@0@GB=8=JA=;D;CI<I;BIA:@?>DDG=?5H<>:7I>A@<?4;>@@@9>A9G?B@F>AA;49A;B739=5<8J:??9<@=AH?LABHG;C4@:D:HA?@E9>/><>F=@@85BAHF1DD70@989F8A5C;H8C=G>?AC:;?C:=A?7>5A;B6=B;J<A=ADA>14?<@:FB<<@@@8A<==?AC8>;CBB?E/AAA@?J?AE?:>C?6FD=F<9=:=8>5:4;@<?4<:>@@DA;B@?G8:6<JBLDAAB<>?A<55@6C@A?B?CD9BCM=:@<D>7@C?>E19@9/,<C2F;E@DCA=7:>=B80?%=/DD@E<:7A>>C==<C??>A:B<?G2C?>?>?D@G0<>G+KH=7CIH;@9=7:?:6E=:>K>=:@8??BC43<?>B@;=9A;<9,=AD7DBD2@DA::=@@9FFF<GK==I;9IA8DN;F?ACB/DMMA?8>C8G=D@DC=AADBC@<<;;@<E:@=ACE=8B69>8<>?EA:>?9?GF:@>II4;@DL=B9>IE;=@DKGAGD?5E?AA>AF=?:AA9BHD<<;EAEDA3??@ABACA@KDNJD<<L>?4A<><B9=3:@;D6J@;MK?=A2JEED;CCPBGE2B2CG3DCH4=JB4EBO;H8?JDDAF@<=A-7C?C:HL@AFBD<?BPG6J9>?8CG9E;A??CF:=>?9<E?B@>AC>F@?3E<7>1>B97E<?;>F=6<=>9:A<@9;C9AIEF==GEJ=A<A>9<>5;9E;GD5<:>::57JDBEHB9:<5=EE>B95AED5A=EDE<F?=??A@K@<H>;BFIG@BCG??DDB<>>H?@IDFD@<A=C>?EP?AA@F;;>;JB?C86>>ID>@)AA@?3=6:;?:>?DD>C==JD54C=<D;<H=@DB;>B>:C4?<6?A<?3;1:B7;=D0>C:C?=@:GDC;-B/@;7=2:FFG?D?->@,C@3>=G>A6@96F<5@4K>?>78E8<2?;9>;.267?E-D=<1C9;@<<=?=4?,>@AD95D<568<:?<=:7>??B=CBC5@=5=BBAGEC498=:<6.<CG8<3>E,3G>4?6:E8=4=>=E(>@FBF5BEE@G7:8:>>;A=EG=7C=C;@=>><@B?H:?669D@>0?D6?;@>@;68;EE7:B9A@=5<B2@9=>7:BM:A?<1AG>:768E?=2?4D<?:=C2B37?=<AAA8>A?A1AA<??<:;7;</6F90C9?EFBA<64E5E-?>2A6?.49<=399ACFB.<C5:+>=2?B6:826@>?G:@A/9<7?0?>56>?8?>:=?B@B6>A8<A:F;GD?=10<?:48><5<2<F6A5:BFA@C:?:>>D=90<>>=C2?7=52C=7A3A?><HD;98=C:B7>?3::7@FC2BE=6DD90<>>48;8;09BCD@9:?A9H5E9CE3>GEB4EACB%@F<88<@CA>;4688/3/B=3G3/62:C<9<G@A8H?>;;+;AC:ID:8DBH7A;E><A46B0?;FF=D>B=;=?IFAE@EAEA4BC;E?@6@@<8:>?BF?76=7=<<?>3<E?B71>,5F9>8BBB=9?2AE@=9;@2>:8502@BB;:C;A46@=<?>HC?;?G::>?>6?<F8:D=@GBBE9@E<H:=EF@CD8;5@9@B@C8EEGC=?A78D<;9@E>:ED>@CJ8AA8BB?B=B@@@?4@BCE<D<>4B>9G?=5LS:BD;BE0D2E+I?AD3@C8AC=<??39<:6;8:7>63=BD9?D?=:DB<F3>7EA/A:0?@BB:>2=@=5B>I?<=A>>>A1'=8D=BH4???<CA7C@>A;<84:5C>>>;;4?AI7;G,=BAA7==B5<G?C<&F>DCB=BA:>>:<BHB3D@0;GGD78;<@B9DIF=7@>F6.B=C=1DDAA=@488??1?>@A=B:<>=<??2>D@7A;D@@;;83GACCA7@7D?:1?=:A=@C3@:E9<>/@97C>H?>DAB97?9<G<?7A<8=B9B<4ADAG>=??GF>><?:DC?>?>;F<<@F?KF@C;;?<BD=DA@?;4AAED@AI?>8IFB9:I>AMC?@A>B>?I>J<>7GHEA2BA>@2CD?HA<=;FGADC:G=<H@0CDF==<?0@C@?4E?9D<A-BG5::G:8ED<FID;G@@;F::DBKF?B>A7E:?DD>AF8G<@BDJ7EB@<?@3H>:AC:KAA@@7CJG>@1@C9ECG;G>G9BAFAI@EE86=AD:@:75EG;2<>@?G=D<DE<9;BBFCFBCB?K:GFFAN?;5>9?C=3@HD;><BB>HD9K2I<D=A6::DD@E;;IAGG7<<=7AAF;DA@@<72<?=D>5;;@E6=>2?2AGM;=A@EF?577=@A?;JBA>DK:DID?C>FE<?>BC-5A97=I42HHA7LK>EG?C?=>F>BJ@=D9HECBFD8E7J@B8@5@=:APC8I:/=2JGC:BA=A?<?6<+GN@=?<DCH=C9B>KKCDF?AA7>A;>=9A@H?C?<8><7<?7:A?>G9?:6A<<6COB@0?><;CA?:>2GF<@>76C;AC3<?<8CA>8IB??>?B3=2;I;@>9==8?3=:B<EI?DD:>>AC@>?4<@B@C7=8?:@KB@@=;D3=>-@7<<6=GCGBBDC@B5KC6<@>H:0*A,:04DD>3@?;ID79D=89D7?<A?9C:>?NAG=F?:A=7@8/>831@AE:BDHB<HB58E<;IFE?B4<@JF=7F=@HEAA>@RDFBDC@CB=69=E5?=G>8?><4B5G?985?DA76E@0==8=<DDA>=>=:2??@9553=<:C@C8H@C@@<A@?:C;>5B/.A:<>C?H3FAD:?3B:@?A=;=BCD@@A8C;GA=A99AAD?5>@A5;D=;B?>05<;?EA<A<=6DB<C>D99>=;JCAA<=0B<7:?A8C:B@:><D7A?=:>0<;:A67=D2:B>A:5B3.>4<@4:1A6@7389DAB7DD@45@E?A@AJ?;;?E>F;82;?L<<@;:@<@ED>6>7FHAEBD>9;7@<;B?=EC@DGE>@<<4=<8A<<@<=F>>A=9<EB6<E;9?I=C6<A@?8F7EAHG7;?8<<;C;FDF>>AAD;EB2079A>H8@<9/8>G968A@GE@5A?AAE::;?>?>D-A<AA75F<7@AHL;BCBF7F=;AI<5:?>@BG;I@9;=B:8=DEA=D<:E>B?@7;A2<E@=37?7<AAE9:?<:C;B;A::=7O>BA8B@8=G;DAE;?<1;<FG7;5:BKDBIBD@<57A@?;E;5=CF9?=;-F;EFAC?MD:9A5?8>DHGCFE857BC@7=B2C><:CG65<BF<E:>>?=HB:;B4=<D<B;>8@4F<AB::E8CHCD<>C:@<?6:<=C=H::AFC@;<>?>C3C:;>>:BD?@@<6A3:;<@9I;17=B8@77>07055>8KE744/C<<3I.C9CF7;;C9@=B=>CD:<59G9;D=;73<61?>6>>;>1<9?>B@?H<@D>3:>EDBJ4829A=CC:C@79=C88;AA:8;=@0D;C?=>A>)A:EN=<@D>E670?@H;A@6A69:>@A<>9>8B9>9C<=H;CD46FH<86=C5@;7@<?>I:B8C>CE@8@6D2C<9:<@??GEHH=;4F;?)CHBF=@A==C?A@?KD?JF>6?8A:;A;CCBG@46FE>BDL@AA3:HC69?BFAI;AMJAAGD5B@CD5CD?EC?>D8=BCE=BE@3<:FADG>DA;>C@BG9@C:/>FG22;8IDF?A9=G;:;E9H2@AF7>AHLDE6I<;@GCHBDE9CAGJ7>DC9KI>;>?E5<@JE=;;F?;;SOA;;B@=8F==CJ6KD8??;=@<>K=DDCD;FBL>C;=I>:H90<BEB=A?>FE4D0A@CB<?4?@D<76;5?<8HB9=?:=B@?E:<=B>C=9CG@9.K>>AAB@CD4AE=5MB6>HA7<0@:3C:?=:9>@>9:@:ABA;?8:7E7?@;4B;@CA<BAJBBG@DBB8>;2J@EH;DHC4A;D><CCEQD=0<=.E@:KB7C7;>A?EB=;B2FE9CK38AD8A->;A@D47@;@K=CB5C@F?=,G<=C;@DE=::AB;C;=:><??>:?><;<>?CH5CCCKB=?B?5@<I<?D=@>9>B,@A:>CB<B273@@>3A>;@B;9<?=@9=C=:4CF@=@J9B:86B01;<,A9D?:K>A?CC><<E=7>=5A96?D<A?>>F:/>6H@>@*C>7C08@B?;=:5DD@=?<D@=58>BB9/DDCA6@;?EC;EB=;C>C?D49:=>BA<A>=;4@2E8@JC646><=A:B1@C7O;;=>@2>>62DH6??;EB+=5=:FD885ADCCF4;?EE=GFA@CM:;8=?=<B=;C@9=@>:JC:@A3EF>BG?GF;BM?4E@><=:B=EFD1-?=;A6A,2@EKB47?;@7=89C@86?=@<>><A6=<;@8A81=9DFA@I=>7?2?,D?<>@9;>>,:@=2@?:9597?C>@?/B=?6B2@A@A?A??B?@@B?@6;D;C6@:HAA@+>@D@C;9>:D<@3EA@@;>B;>@=DH:3??>:A<=;1==B:F;=EA:ECB1@?3F>F8>;4=AA<7E9A=D72;A7@A<@@@C9CB<A<:6<88CG0A=@=>8>>@363B<D=@I7<=?=6:/>5<FD7A:D:><AB==<B<<>HAE2<BAC<4;?5>66,>:BG=:>>.B?;C<;D;G.2:CB<E>D89BAB577;@E5:5;F>=@?H4=?;A?;E><FHBCD:F;::6;<6G>B=F@19ABI6CHBE@G=G/C?7ABB>D9G=?<@B?B<HA><2;D=C7;9=?=@C3=??4;<8=E4D@@??B;D;:DE=G?@<=AAGAGACGA3C7:B?8AI=I<;D>5=G@G@7:8>6@F<B>>;:@IACD;;>=?=>DC;9G>?>ADGCD>>E>@->??4F8=*@?AA7A;CJ+=>;B;E?=9?IDAE>>4A>5F@:=:H5@HA9H?58B@D@8B??8:F@*79B9>DA.9?;8:<;?6;>B373D=?@6EA@:@<;EA5=;6A6A0B88>EAD978>514@92A>>>D;7=@AB8;0@?=7@A@<9>:>?B;3:5=738<2B+;=GC@B88:=>:>@6=7?6:?64:75?A->AB:;5<@B?=15:9G79A?2;;;C7ACB=A7D8A<C?@;9;;@0?(;CEHD94A=<A<H5?9<C=:6:A=5A<C?65FEB=6CD4;?8BD9DG@CA@E9>:?D;?:C>AKC;=@;?FA:>6B@7:FAEIC67J=<@>=:DC:5;>?AB407J;A@:A:5L=669;C61CB8E7G=B?@?>::;I=6=FCCBH:3DCA7B@AG>7=B=>CEGB<N>F0ICF@;P:D>;9&LA>:2HMCB<B=E?H=;CB>JD7>?AIDG=;BE??:B9BH;B<DEACGFFEDB8:?E?6A;D289=B6FB5>D@/KHD;3+:/??>@L>EB:C?CAB70E9=>=DAAD>FAJA-:7+=@DH=F@CCK?(=:DF:@?BDC@;4CM;B:FDFE32E?D<B;:=M@C8:?/<I=A?A<@@4><D8@>??=@N@ELE<9@A?7BG=/6;C<@JD1I<;J>:8;9=JC<3DA?8CECE??NG=?8=5AI7>C?:FCF=BB<DDEEBC?;BB=:CI<CDA8K@GDBADB=E;;47FFAGB@A=H;?A>AF8A9DEN@J=>@KBA5>IDA;;=G@37=?N;408B@:A14<8974@:@F=37EC30;BD<2@=;/B=:<CAFE89F759=D4<0.A4?;8@8C@=67>/,AD@9>=68=AGB9F<:B:C<C;=BC8?6<9>/AC@?D:DDB<;B5>H@AADG?6<B??;FDC:;B??ICADAC9FC;EB?GC@H48>JA9H@<?AA<@CF<@8>@CGDFAK@F'@>?BA<B;@DCC>=?CHD19D?B?M@HB;6:JB?BC>A<AEA?<?:?@G>;;5>@<CGC;>7C2:<78@:5@:6H7@=D=H=961?:.CC;IE>E??@D@4CB4:B553AD6:>I==3;FB>75:B88>??@=5=<>>1BAE?9?==:568JA977D@78=?B<79@<94CD;G)@E9:C>7:7>8E??E76<@7F49<-72<IC;AFD;8I2H?98@=;9::;<:<9=@?GE;7;@H=:>C9F=>:@>@;>:A;<G@AB=8;<<DBI?2DD<@?0C>@8?7B<@2A>O?DG9?1?8;B13@CBA7C6F?>CB=:<B:944A7@<?LB=H;>=A9D<7=D;5BA9=;9A<A3>?A>9G=@;@?G:?B9@6B@:F4<C:B6?B4HE9A;<@:5<></=:6B?F@CC>E96=D>6@?=G;@DH2>B/F5@8IC=BD=9@;<B:>9<A>@:@E69EA?DDIB=B48@88BCBC7@;>D@?:A=C4;?;?AAN;;BFF9BBD<)EE@AB3??F=GF78@;8G:@,=B;=@=DG?J9E?<E<:A<@=G8E@EAAF6BH<<87>7<>?>E=A=1:8G?D3<?:D<=C52AB>G@>><<=@1==IB=??5;@=EA;>B=?>?=CD:8FC,AA63A68?BAD8@=?31EA;??.99>F:@<>@>=?J<7@A;DE?-9E,97(@<:FE?9FB=><=4A?<6><;3@4?=;B:.?DBE?;J;H6?8;I@=G<*;AC@D8349<@<::9:==8DB@@<;C?;<@<35B>>;?=7@=D64<;;?A;@<=C<<4=@=F:6EE?J;BBC0B?B=3:>8G@>/?A8=F@@@;FD68>;-;E?B6C7AJ7>C5EI9>>=GB@9A>?/>C3A>C9;?=6@K>B;FC:;=A=>*AA>6<:>CCD<D=B@BC@C:7BA;FBEABE78F<<=>:75DB5E:8<DFG:?;BNC?=F=BB9>CDD?><D:A<A?A87C@;F9>B;D>DF=@?DEGCBK5AKGE59HCKDB;@>JH;<6<BF;<>CDPA>AEIAGG?>?AB>A=@D5E7CG?:<>J@8NJFC:D?=78C;8BCD9I>9<D?>?GEI?I?H7H4LB?C?=8;=FK6CHE?<EBGF8:?.JFBH?@C8AD@KI:<<H><AF?57=989AGA6FJ4C>=AE>7G@98?@8A@@1@?AB=8::9@ECDK@:I:D@CB9=5I>'<JC?DA@77D<E;I;<)9=8>D@;H<9@?HT:?G?@@EGDCAE;>B=?@998BE=<G5?7=JABC=.EFC=EIEAA?;D?:;.B2=1=EADH:<E34;,9>67A<:<8/3BM09;=E<>D@B?E;C7H@:8:A<F-F6BBEFK>>=A4<A>@6L=:GFE5;;DBB>>>>A?8><8FACADA?G9,=9@=@7B>B><9@?D@D3@1@8@65>;:58D@F3A<B1AC>=7?EG=:==/>@=I<A@0:1?AE/>>,EAEI9'L?4A;:B3>:=97=DF=7F=@,215=*9@D?45@5?=FH(A7=C>DHG1>7B8@DK2<C;>@>7>CAB=BC@E>JJ;BA>I@=>4@?@CHC7?DCBFG5=3GA@C@;A>88EC2B9EDB8>:7B=@<:8>:?>FB?@?@=9GB@>>;0A@7<695D>9A2=9AD;C7=9<>;97@G?.?@*@B<A6B2:>:?C@B#C;>C3<BE=A472=A7C?:C?8BC9BAD-D;=GC0<;;9:@>,C6AC<AB>B988D@CC;>;>@/9B<D<><H>C;>C<7A?4899<E>CKE>A@93BB8A6<E>:>7CD?669;C>=G:@DE:<>:<B89F?B>@ADE:E>?;987B2F<C<<;7BF<5BDBBK9;E<5<>8?A>A<;9=DA<606@:GDA7B9@B<>CC7BC<>>F?D9F/=?:@9BEAB6<E8<1>=77;<?7-8?@><;===?759@0@D75;5>?BEE6A7D>>DC0.>:73?49??<?5BA:=C6<J=I;@>H@AB5;.5:;A8?=;F<<B;:B<+@55<7C)?A9?@<H4(=D8<><=;C;06H?08CB?E@@DDG@DDC9B;BD@?>EB?BDADA@D@<@>?IMG0?>D?:AGA?@F>@BE8:@CC?9;D=>DF9<A=>D9;45BDA8;BE=DBBAA?><FBAF?5@?.:?<=C:C8ACB9DBD?;;I<@?5B>F:8=A/79<B7@;=DB:12=CAB<@F>3;'34BCH6;><F<>9;D?AE=8A:<G:=<G9;1;9=??3>>C@EB@:B2=F?=;=D<;<C7;9F=CA:@4B5A6A@9:;@A>@H2<<5/>F;8BA?=@B:E>>;3<A+1?@5@8?@;:D@6=3>@.8>>?@A?B>@:@D@G?28C6B785BF?9F==4CI<19B::9<DB89AJA4?0@;@6?8G43<986BBBC<D<<<9=B<ACI8;B7@=?>D0;A98>EDA?B@CF6EB<DG@>@C<3=A<>:C8GA@@F45JNJD7CB<ED8<=;DAAB+AE2@<;E@;8E:E9=E82>AA5?A>?=KC6AG<FCA?A:"?=B4>=?68?<BBB?;==CAABCAG?;BC2,A@;;B@7<AAG=C>D@AB@B<=E>@?A8=IBJCEEFGGEFHGD@2L?DABCFB7D5AD8A>6A3@6;>>>@BA<>CD<8;?:8=HI?;>GA>BG@>A@>2AF:6EBF=EB<>K6A>JC5@?CAD@4@GH6<HHF=>:@88D;8AHG4+C=9:D@@I>=<0A@6?=A97D;=E58BE&HA?@:?CCE8H>53<?CBDGB2AFQ:90<KUH8>7>239<;D7=8/??0MI6@6;10@;<;B:7C>:<D=/>B<DC>*A?>BFF=?HHBCD;EIC1>0C,?=E?875:9CA=B=2;6;D?<2:B5A>>7?C>@<3@7<AG<5D;AC?5M;>;E59:/99EH;>BF@9AI?7F<=@EHB?.1A789C=9C>>H@5B>;B5=EED8D:54?;8?:CD&<5@>>HB=6A:7@;>:AC1A;14=.E2<@?GG;>8;+?AA2GG:4:<:/@AED=<E=-1H8:J9;<5I?F6>5:1<B7C5?.@H<EE<9;1;K4@@7C?=>C67;@E8A;D<6E?6>C@5EK?:9@;8B=A3=@?:;DDE>GDIDA@9A?>;BCA7FO@>C3JEC?EID=F<6DD;CGD9@FDHGB<E18@=@@=>B@A@7D=DD?-:5A8EE:A7@;B@4B/;;AICEA<>C68IBD=D=C<F0G@79BB@A=8>>HB=767==>>=7;?7@17?F=<<>FJ;A?CDA@@>D>@@ECC?95A?7AB>:E@=9B:A6BA<5D>:A<D?;A5696B>@A<2=-=57@:>E>4A:5I6BDC7=9F:8=F4<9;;6;-7>A:AC=@@FFDE<FBC:@8HKD=AB47:3F;99F.9GC;7<9=I9>>8E;=C2D<>?A;AIE3=591<C?@;F?DA80>B:<9G;4/>B<>A:AAF+<;IBG88<<8:<=1A<B<B6@32D=A?B<C?@<31;;@@>@@=77FC429?28AE18<;<=B/79>;B92?>A7;CAF;A88>2@=?C=9585:<EG=1F?:7/CA8B=96=>C>79B2?@=905D7:B==685I?9J4C>BCE>=><I<C@64D7;B>?9?/B>964<8<:7HCCF/<FFH?9A2???;@?4D;C>AF:=B<9B8<=<9>HBD;<-FJD?A.B>CL>AA;;<ADB;CA<DBA7-?@=:;D9;9<@?A?EAC;8:EDFI=46BC@=GA+B76;<H@G@C:G?B<?F=>A<>5AB1>@:<;EF;EFCBA>:B>>9?=1D;=G3?7<A>4B96+8:6:A45=C4A=4M86J;A@CA;F8?=EG:697AA8AD?6>E//<7>E>0A3B=;JB8=:@<C?:;=;>:BG>;AD7@B?AA=CCD;I=:;@>EA<9:=55@D=5>F/<C:53EDBF81FA;;D.>>.8HF;J?;CDB=7A7B?A@6877AA)@C>0:89<?A@<B>2AAD45@39C;C<0@3?HB;;>>@G8;;5490?C?@F@(AA?F?=C(;?HF=C>I?4@=+5>D:@@E?@EN<=07?CF;HB;></45<@@:::@>?F@4?BA;<0?2>?D=?@7E>?GE9+C7L98EBAF@=JA?I?@>E@9FEC@EC:<=FD6JC;CD8@:655E?;;1=>:8D?GFB>A<9<=DED:>=A=?E@B6G@O>DD9=G>G=??29AAA;B>:A6<@K><85BHH@DECD;7<9;:I=AJ8EBCBC7D@ABJAE>7>BE;A4?F9AI5IF8D8DCIKCFB;;J5CA:8K:BC1:A;8B=>=JCD<AAGPF9;:>I>C>7;ABN@I<E@C<?1=G7?=8LEEMG8?C@D?:E8=1O4:>G?BF7=B?88?OGAA6C=32Q81BC;CE=BE:G@?:<@=CHFH:?FF?A;A.7FG8?BIB>:D;:8.DCB=;E?98FI35=?2<;>@@A:<.:?EE/4DDA>=@:B(A=D=0:D74C@-,6@1C>57;EA,@6DGQFCACA7>F5>EC>;:E?<1BD8B3<6=H<@;L0G@F/;:=C/@?6:@45=2588?>9>@<:9@GA>I@@0<9AA>79CC4B(.<=7;8F:9?4D9D8D;DI<A=?A>:B4KBG:?3=8<&4?>&;DA<?1"C;J<G@DG>BFA:@'8<BE?:DAM<E@.A-?2553BA9=>G;FG1>3=.I>E3)>@I?FC5B=@>;?8=D9E:FACA3=?MA=?A8.DAD;8@@9A$;A>4BC?JE95K8D,:C6=8JDC@J=?B6F=EL@;3<CAA>HJE@8DE;DJEEEA:E;>EAFKDC?:C=AH<I;@CJI;EDG?<?8=F0=E@A;@AF::B;9B54>B;:=>=A@?E;:?@/:D>F9H3K42?44:9@<B'6B<?3@>D@H8<D@<=?,5AA+?@E5?79GO?889;C@<GK;BC-A9C<?=145A?:@?B=@AI5<7B1:AC7@:4E;>@+?8C?><?B4(@BB@H9A<;CC;E?=9D=?=>=0>@5>C3I9D2:>:9;6??EC@A@8=<A?AKF=<J?>6C7C=B75?<694CF??F?=9678<?CE5?FB<8D>C:>99=,96=6B<@<K@6<CCA>>@8G@9<=H@<?F;19@C@<A?EED?;C9A:>=D:7>A<=8??2>?;BB5BE>=BB;8A=:77=?.:E>9A7A=9;5=9>:DC=B@;>A@I9CE>>><D7F@?7:????A;=2<B9;?BA6<B====?G;B@18C7B7:7?E4>=:9>@:=;C7B:>>=G;>>=D2=<=DC5FGC69A1HF@@B;@:9:=>?@AE?B<><=9::7=?E:<B:GF@C;76?;D;9II;5?D@IG6;H@>@@@B=C5:F9D@>9;3-8@B7D@;<=:<==@>E?57<D?;9==F?5<:@C:=@D;>@0;DE?>3<@F<@;CAI<?D>>@:5>E6>><@B:=7B?;-F940<7IC=<=0BED2=;EB8/:@@B<:F4B<K8<EB=D?<>7E,@@E>88<A9<8:@/<2B8546N::9F<A:8>?=8A>9;6D?@D0@DBB=A?F@B<D6<:?D;CAB9:>;ABA<D>:<3EK;:<3:C??9>=AA:F=<F9=<0<A;;9;788@B3?6=3C?>8=7<?:C<DEB<7?MC@>C9:@ADFF?@J>:1A;A=?:.:?B654E<@K>AO=E2B:C=3KE0AAA@=>=@GAD9=7@23-NB=ID61?@@09CP4MCCLC<>=7=F?I:DBEEL@>=<?5EBA97C>23<F=@35C9DCDB::D>;?2I>6:>?7@3D5<?7?=88IE:D??KD:@&<@=>AEF@E<?A9>@EDAD>8IF6GE9F@;HIE=?B?:E>C8?7A98@AAC;?=?@46<:=D@?<???D@GFAE?CHA:=@IACE?/?A:;==7G;J/3=DC>B?C?DE;0;K;97F@?8<6C8B=9K?B5==A>FE3EANE@@E>LJ1@=@>A;FCB?><;:A8I-EHIGE@KEEDD:C?=;AICKB6CBE:ABEEA?;B<?D=**DA;>=@7FB?=8+A=KH5M6@C<=EC@=<@<A;5A5@@>2=@===EBF<9AC>A>:F=<<BF;<3AK7>B6B>CE<A:CMD@8JC8AE?;;?AAG@JDA;@A4:CB@EFS?@6GB:K>68>2C8CC1DBA<@;<1?E86>B>EG-?4?97D3C6D2H>;A@;B4D55CE2=4AD7C,6EB@2IB=5=<<>C:9,A?.@7@7>A>5;5<>B;E;6B.:IC6=>G<0;<?>>?97/3?,;:.04@;84F7=>?:7:I51H15F-HAFE>E?=;AAC@;G=D;F99HBDC9G?AI4=-CF@H=:B7:@6C?ACA8D6:GA9>7@DIDAG79=6?CE4@CDC>D=A6>D=F?>IF>D7<==?A@F1:@CA.8)@B22CGG?5>0:E?E8.:A?C<>C-:>=0>:C.?C:E;6C;>>@>EDF:63=7@8=8?H@AH<8:@D@@FE@;@>B1:>>>84@>9DHB@BC@47=@CAC;E@F>E<G?C>GD>6F20ECCA8?9<A?@A?A>A:0<.=ABB;=J8IA??==7;D;4C@:'?7E?;BA9K3@2DB6AC@D=;DB6?B4@=(:=GA@:768D<=B=8@C@DE7E===@/<D>;AB:>?>G@:;BD99;C?>8E9<1A;:;C;7=9I>A<9;6>:<E6;=9?5AED?>D:6B5?A@B;=:=;ECB=>>6>@=AHD>>?9CB?4=:7F>5FFE@;CD><>BGA@<@==;=A@<7E@@C7B>A4,1@DDE9=B?=F4H?AB9EB;?6>=<AF:=F?8:O0?A6CG3=<3>:7=>/DB><AE<>?<6<86<A;?@C9=493>8C8E8@;C;;K>;C9=3A=@5CD6?:CC:AAB:4>@;?<;FD;B:@K:C;@?67>CC>9>??2F7C=7I?>>AB<@<B:B7;9<@49:<D=<@???<B<F8<E=89EAD@;=F@>4A<78<4@C9F@@?B@A?CDC><=78?=@><B:=C:=?><9)<.4=:7A=8=GBB>6AB/E><6@B<;5>B9<=3?<DG9@4?A87<>=H6604628B@8@@@GJ<?06@8<0;::3>;E==JC9>2@D<;CBBH<==@I:8:;K?D=>A;<?6;<AD>=A>?8)D9D<?=6=B>=<FA8?51<<>>;;<@::2;CA7B:AF7?B>@F1>:<9<59:+F<?A:>=A:A<::;B@:>83@B58H=HBL;?E=CBB9CLDCE5:;4BG<?>9@=E>A@CAAB=H;7;=@E;MAH?8A69D7DA>>=>ALD:=>C:DHE/C@@9@<F-A=>CC9@=8>;=9=9C;CAF??:5BJ92>C@9:@M?A57;CICAACH@5AA?9DA;7E8=B8@A7E8;<?D?8?IBBJHI=2EOEC?M@:=H73D;7BC;=:;D>?4=<DC9FD<M?G@EA8=DE<JB;A;A7=J@CHBF8?FBA@7@G?8A@5BD<>??>::BHI;J:C<5B7;G@=B6@>D7;D=S:;F47?AF@=?7DABDE8E2CPADC>;?:P9DLE7;CC@49@?CG8DDC9<=N>A>FEB?KGBA@BEBA:D=;5>?.DD:54G19;>==ADK;>GC7EMBC?@F:C?7E?K;JHBBABE2BD?A9>?K1=QAFC:>>F>BA8C5C3E9I9?B398?KD?@?E<CA5-@@8@FA?><D39;F:A5A.8/D7FFI@B?GD<=:?FH1EC*AC;C>>H:A;B@><C0C;?B=@=:DC>I>E=A886=;79A>@B7?B=:BECB7F>8B>D:P??9?@@A42;AO<;C@@?M5@?<5=CE>H<2?EI?DAE85>8;GF>??@BC:J70?@?<:7EFDFCE74ED>3E=<G4?@?>7@4<:/B>:?6C:+I>:@JCBAB=F<I7F>;FD?4:M>G@9==D>??B=A?><=D:@<DIC<7;5<::@8@@GC?38CC>=,<CIB6>@>AGA>75GAF:=+KHEH8EAD;DGB@AHIE5@C>FF?C<EA:@BD:EA;A>(=>8;BB>:=@<J<D?<@?E<::7P<FG?G48AG@?FE?>FA@9A5A=F>B<E77?>>H;D<4:D4G:=9E:6EB@?A?@DBD??@6@:=@C::;29=>B<HIB<D:G?;=;D??=?@9;8@DBC<5@>=B<@@>;?1?C=C8=@E6FC;;>>F?B;9E;CFF:59C8B>FF>:&;<3BG2<B=;8G76<9AB?>B?=;:=@@=;?DL3:<=7>J=F=?>@?C0;A?EC?<2AA9FA8D<<5A1ED?BB;F@787BE=5;=E5I>?;<6C<D>C=.8DA@AAAE@B?<?:36>K@8E>E>EDCCAB@5A?4:=BCG<;A<=ECD>46-@?9NJA>CC2FGA@=:=;:C@ACHH:>:B88AE8;?=@DFCC;E<;BDC=?A>88?<788C:861EEC=1JI?E>?D<J0==@<H>4C7E@B@?779@<=D?B?GBD=4F>IIA;F>AD;A4FB>AB<G@;:?9C9=+=56H:5A74E88C4BEB@>=GAF@=A8:<B@<BD=B89AADC<<;G314=<>E>B9?=I<@;G7?CC>7D@;B9B>?B??@>0@<;:8F@G?G:;:>??FD@A;A@679E<@>6=C;@=F>H42<;AF<<B>DA=E4C8>:@??B99HH:54D:AB9;B:E<CA@G@=A<=?B4J?DA??<:800.>G;CDF=>@E>6HB2BCBC1A<<;HA><@<ABGA3>4;CACC@EH8>@<7;98>9<?:5;?D343A9<2B?G4AFJ:GDA4?<<3B8<74>BG>5=BEB1@@;67?6>;:B?9;6<7?HC;A<8E?A=AG=A?=LFCECB8EADJ@8@CN:E@AB7C<FA;ABB>2AE<C8LD@DAGF@E9>B:=9>>66@E5AC>HA<:<>C=@?F;CAOB@AAAI<5D>7BM<@.?19EHG>?B:<@@;:E?=A?;>>CC<BF@B5;BE18I5:DEKC?BG4<7.??B7CA9D/J?A>L<=LACAEEC@/72A=@?>>?;<9<5HA?98=IB1BA>DB;6=1BD@<?4DEHA@>CIEB3:C:>G?:07<>@9DDEC?=DA@8A?3/:<A<H;B79-A:KAK>?@3?=A3CF8@GJ;FAE?GIEA8?@;H?D1649?>1D:C=A@H7@EAF?A@>A4DCE8<;ED8<@D=6A9D<@.8<E;C:AF5AA>=ICC@?F=A>FA?EH:5>B>?AH@@>7IC;BFDHJD=;C=APIG<>6K7JFED7CBHS1CDB>;D?<;>G<;;9;->D<:3C5;DDNAA<:D?B::=DA;FHH?>6@A<CB@DC?F=?L;FA@E5@DA;EF8<CD8F7D@;AC=@AA?@I>A;<B:?>@3:B6@V?9@@;@:A56H7B;9E<;?0?99><7A;D*9>7?8;<7=>F>A=>CE=8C5@BA<7C:59E4@A.;;?BB<?>1E=D=EE<@=54@A@?FD6<5?>CC?@K=?@6?<=BA><3@?4C@B:D<<>BBA6?>>@C=CD@=?;E<F9.JI;AAC@9<92EC>=F:@B69EFBFA?9>=<B:F:=BE6FEJ5=3?K@/;;;7C99B@<F49??A:<6A:A7@:2>27<C;DB@=AABB?AJD28F<8C?L9E6=;AB0<.8?D@>?;;>>D?DE@?1<:?:F=7@A:A=<>C?<<@B@=,5????9D@DDA?=B>@8=@@>=<82=9ADE>A15H>>@C@H?99?C/?32839A7=39AC>:@@2=>D==K3;BB8=6DCA)?A:=BEA?7E?F5;?BHA6?@8D>@C@B?B<4=?B1?A<F65@@?;A9D<DA?9@?1<C6?>:AA>+C4B6ACE?C<=;ABE<<I=<I;C<B:BE<4>;;;;;@:;5>>;AD8:=:<97;BA?A<A<8<EAE>>?C>C@9?@?E<A<8=>>CA3AC@B48C>B7H7E2AA1A<@:?7EN5>GI=<B9B>@G,F?A67=D+I61B>=<8<=A@=CA::/BI9EA=DFB7E<>C<=?;;5BH:<E:A@C9BC@BCD;B19=F>>@+A7ADM3@;9?F4>5>B?GG6:JBCEABA;=E@-7J<=DH3;B=><AEF?:@7BIC4<5G?E=9<@D7>A6<<9?<->:1C6(G?2B<<E<;@@?=AD>?9A1=B29D=A@EF==3E?8F4@*=7=>=7CAA>1?C441H@=:?4B>9BC;DCE=7<0>"ABJB9B@98B8F9<EB=>A;>?AA=;9E;GC4?G:?BA=8539>BGKC:@<C:B,5?@94?DCA=?2AAC8=C@??D>JH=D>85J069<@B4;EBBF:?FA><4B:97D6D<<79C6G>><>?7?9B7>@<8=@????A;808B<:2=:?B46>CCC+;=:<<::>8@=J@>C<AC<9E@<H=KA;?6?A;9;99@<A:.;;7EC;C8>?F@H?9G:DOJ8<G@E?@FAGEICP?@HE@E?DE:?FE=DC:>B8:DACAB@B6:8AA5@C<;=>2CA=GHA?ACD8?<E5LB;>DA;G>>>A:G?-D@B9D=A3F=:D6I;DDCE?=>2<CE><FM565:<6F;H@AC<?B@E>B49C>=>@5:E1E>:3@A>7AD@KFB@H9>F2G>:>4@A9D>>BFCC?D8@A=EGFA;7CAE@HD9@:<6.>ICG@7PB@9:@<6F:@;2B89><;>0BFM8EB@5K=ODF8/CE;;:;D;ED>A>@:BIFKDBDD3.C@?7@FD7A7DCIM?A;BA5@;GHD@AA=@>EAB@3A>=9B>A;>F<;3=B@>F5BA=??38H@?DA@9?>G>B:=:4;?=BHLDG0;FE:A>@>>9EDAHO3A8F;B8=6=6DA@==E=DB7H9BF8<FFMF23>BC>EHG7HM58D<AE@C:G8K7E?A;?@>D6@@68B5>=@EIGBDBKCO@@I>;:8E<FDI477:F@F>EC:DQGA8=52:>BMGBB=>5=6@78<>@?>:C==KH-E+=;A=2EEA;?=B=@>6CE@,:>@3+<TAC9C7E?@=?(DHF>@<GC4:@JC<>@E@H?6E)D=DI?ABB9?B?<;B>CA=@?@?:9@G6>;92A9<0>B7D?CB@-F<CC9;C=8BA4<6A3C@BB7@>A<@C7=-8AJ9=<:B@C=+E>@?J;>1?D:35LE=A=?8@AA=A@F<9KG=@/@D;B>;1=:DC>9GACEAB6;H<8DBK98::G?6?EB=EA8B2@;?EA9:>>DA<@AA:?9C>AA<E8F;J<@B<A)?4=>I6<B*DE9B.9BAH6CB6+GE??E91>=>BD;=964?DDE@C=>5A@A9?@1;D<@6>?@A/7G2>F7E55@A<;FE=A59?<6<-D477;GBE5CAD5J:CF>E<C?BA2E:19D6:CA@;AG3D=A=D>>EC2DE>?B<;4AC<BAF>BGE8;-FB<+?GB>EH2=>:?7=;DF?=:=?8@A85=>=AFCD<CHCD=CHD.1?C;>>:=;=B5:<G<J>C>3DA<?2D6<9<439><<:?2<;6C:8>9E7?<>=5E7>A?C87=;D1?=A>:@3;<?3<<EG@A:?5D0@C<:<<8D9:B3CB@<D4@@4>9CAB==FA3334;=3;=>9<=6@5LD1D;<=>?F;/BD4D7<?C>?C@@ID2C=-FBH3?F9>@C<EH>JB?@?@@?B@?F=>6BH95A@@<:8;CF=JJA:CA??3;9B?98@I4F9>@7:=?<>;-E>;AE?>>;D@AAA>5-6;;HE9:A6C6C+<;=AAA>+=@9F@L9D;DD<7=:B)=BEA:47F<@;?8DAB9D=7B?9<F;AD>A=FC=79=?>93@@@@7?/728CGBA><38C8F<:;>9;A?>DAED@.2D?6:87J<:=A7BB4BH@AAA8=:6?;>6AD7HD5@C@0AG9;@=@6AA1@=>E<?87EGGAB8?C:@A@:3>??5E:??0=B::E;>EA9:=@><9;;>;D>6B=:95>DE>AE=>8?M9E@@6=6D>9+>>;CE97>E@=88:?@=K?=6@B8;?;1>338BBC<D@FAC4EB@58KJIFAD9;GHBAB<?DEK@>9DE:MKGE5DD@9ID@;8MDE;BBA?GF@500;8G??C@7;2F?CFAJABFFHI?92LB>@F@+@=>D7EA>CCG7B<D=FH>ACED<99@ME<M<;8FB@FE=GAFA;F==<H?D>H<B7&DI:<9B?=A7C41@?-D?@KB9J<<<;?FEAILFE@<>:DLCN7BE:E=+<DB;==>EE7BB?5>5E3HCCIE=BB>4>C;B<DEHCH6E?+>@IAM2=:7<@H>CAHD2FAB=A0ABK<:DGD*:>7AA?>C=?A>EA:9A:3JC@3ECB?.:6G;=ID4G2G:<9@G?>:AFI?8=?;8DG?P<?B=)@0D:@=J-KGB?9>;6?E9?2DBAIEI6<.=DAF7?>CF;AA?@AG7AB99??A=BH:E>)9B8EHG:<@H7>:@=C@@GAE82DA?99@:EFFA;1F4BB?<CE=5?>;<@E:EC=CADCC>?>89G6AICGKAA=:3?>BA@CB6FFBB=EACCBDBI@C;AD2A:6BJLD><9E@;>?@91;A<=9<J::?BA>4A8CF,D/;A:B0?-BD:;:7:=:16:48:E7BB>C51;7>=A3>8K@7C938G;;:@C1CE?G48C5>@D4AFE)1EIE@?=7;;8B<>=B>DBF:;;D8@D=1>6JE@=A9C>)C?E?8<@::C7.G9@1>:;B8A;?;>:G?4=EA9>I.;CA9DF>EA=<9?=2B7C6K=/>=:5::@<7E6=@/3:LH?:@7@17@4D<?::>?F88CB7AAC1=9.3?A-B9F@56.>1=<7D8:B=:F:@B<=EBIF=>EDD9:6?D:<?<;C<DBD86C.>1@?B8JF8D@=D98=A?EMAB>=>AA@4:?F@@@?F@<B@=4C<>=F?DIIA>:7>=?:C>B5>C4G2@<*7GG<?EB6?GH:5=3A@F@=BB<9=CDB2@08=>D<A6BC@<:BB>A:3)?1I=@DB;FD<=@5-A?A6<I?<A4/FC5/>C28GF9=<>FE;;2G@CAB@7E:D>=E<AB0.A>6A4;=>C9AE18:2A=?>:9DE;E751@H6A>8<A:/1;?9@;=;<;3?02C8FEF?9AC:A=<FFC;C;@E5CK9:C.>9;<D4;<@<?BB?AD?BDBAA2<>D>6E6EC@;B>>:??;A7AE;@?@9=@>H4G9>CCD?;*?@<2C7>2B><:<:5A;><B@C:=<D:@>999AB9C=57C7F@?67A;A<@+=>>@DE;3;;>;;4C@6@?@JA9::?=?>DA:I>DB>D>B<C:A8A9@:G@877C@;?>7BF>@4:A>3:@<@@>8A2<9>::BBC@C=?2E@9=F5D?C:?:B38E?C4=3F<8I@@=AH@:0<?BC@8=DH>@:I5C:8@;CE2:?7;?DB?DE8<7A@A8JF:C@D7AH;=;<?DB=>:=A?6H==<>;B>:A?>C@CE954<?;9C791@6;7??CDB@=8<?>A8D>@>F@C028@21:8JCG:H;5=73BD>5A@@A>?A:?AF>=@A=<=DA>;?3?BD6=E?;F8G<?1?A:>9IE2A25B:E-<?@HDAEE6(;=@:6E:6:?8AD?A<B?H:FK8:;N@9=;@:?=R?DAF0@=D=@?4B=EDF69@CAADD>9A6A@B@@DE8?A=EB-<8BCJFA=E=ABEB>CFFCBKQE;A?BAAFB;L@=C?85C=@<@?HEKA?<HCFDDAFDFCE8@DB=A;HAE=I82:9J7EBJ:KF5@@CC<:OBD;@3<=4J@A@?FBI@L@D<LBHCG@BFCHBGC>;FA@EE?BF?BDF9::BAAE=?=<@-BB.?6<GD;<D8D>D<C@DJC>6>GD@>?:AADBC77>*;@@A:AB@EA<F:D9;9F;@EA?195=CE94>?=5CB?@9<<;JDIF<8<F7;?9=CAG:?2HEA?DB9;?88B9>A@=E&F>8-:9C?E</5E9<MF?IA:?::?74D?B>AC:9>8@B6I@4;BEAAE=C:<7>=::BDAAJ=<@>>;CC6@DD8?8FCBA:8>=G7?6/<2E<GCEEHKG@4L>E62DD>=B?BD;?;43E?>GB?E=;=HKD5AACFE>;9A?GCE@?6BAB8<?A>FFC=5EF=E=>,;G=>4>+27F78CFB6=?A5435@?C>AD4B>@B:=615C*>AE57@AB>C9.HF:B@ABF54:@AC:><@E;:;:7?E@?<7G-DEA:<9@N?33:@>C@@<.:5=@@<BB>:BFA5<6BELID;@@@C<;CD?=H65@;CB@77@JD8ED6?/AC4>>1B;C8@?:DC8C@C@71;:D?E@D:8?A:E@AL;L<8@>?<2E9:;08@??5-<I=@6C6:@FB<9=9C@EDEB;?L<B@D=<B??D9G@C8@DA>9A;<A>I6L65@E>CDAEJH?B=C=7L@;AD<-9CD8>F4B<<?7A?A?@:I==?/CA2E>AC;:::=B?D6A6@>87E7CD<??@>@@6E@5EHBB?@=>EAA98@:FC;B<3;B;6DB5=ECBG;:6<<E9@>AD6<?:H9?;4?<=DBA:DFD<7<?$=>>A09E@G=*?F75*LND@A.E4-=E=;8E@H@?7>??G?7D3D:97=C)A=:19D4>?1<ACA:CFCB6=6.AH4D:=:<?;0C==<<F@A9D<>;F;6B:?:CCBC9@D8:>>DIEIDBDE9?9B;?>@>9>C?>4;27EA@5G;????93:5=4D?<89>>28B7CE76C?81<<=<AE9?@8:=9=>4ACI?K>@@BE=>>F7>E?<A?:D>59>H>:>=7?4@9D6@>;@FE@DB6;<3D?6?>=:;5CA>C:GE>-??;=@/=<2M=B<G4><>:C7C>DBJ<?B?GDHCDAHF8?C9=@8FC@D>;?:AB7BBE@8:BE=<9E@<?C<D>@;;?A-+C;EADF?9@?9:><FCE@B6GB6C=56>D>/A<A95B=B6>CA8@B9=:@9:=>@2B5<9?@E7<6?B>,A@#;A48C1BDI<?>5;A1CGF@<J;>=?9;26BA>8=@==9>7D>HA=MC<598A02AJ<5E=<B>?;3<??538=F6AC:;;9.<:A58?=;<=<:A@E;<37=??<>87DA7>*A<D@?97;=>8@@7<?;D6@>;=?;;59CDEDB@E4D=9@5551?A?E9=3DA8D4/:;>C<CC5A??=.<<7;<4AB4EB@?D7C=>7IB6DGIAE01TL:D4>5B<B;GBD@@9BA4A=D?F@6AD>@CF?;15?=DB6=>K=GH>1E@@1C8:=:=?@(J6A;8DC9AF>C=IF8D?AG?FE9?;A:JFFA=A?BEA??;L@<3I99K=AFEBCB887:CB:B:DE9B>>CCGGEEF;6A;57;C8EIJ;:?A5B?>GCD0H8@?>>DF>.@?9CC=G@=A5B68A::87HD??@@CAAD:8GL8=D?7E);B8=C7@C7CF>:5FU>;F?C:956CCDF<86@??EA7=D26:C59G.F7@:3;HA8ABDMBGBB49AC05G9/:<@?7B<A7;?B<B7C?DMCG@FC=AB>:;->1G=29@4>?2D=7;8@GD:<BF4;D;D>@?E<756@5C<0?A?C?EB;C:@J:C<F<<?<5C8=DG=>@<9C=31H9:?A>:9G?>JAB*?>2:F5?8:K<<<AAFA;@9A==>G4EGD@7A;>AA)KKMA==2CB?@@;;?CA?E9E>??E:><F>F9EBED?<DDD<;3/CC-/A?EE>?A:=<?<??@5=@C8H;B?;C7@2G<B=D8A;<>A6>B9;B?>FA<H,A=96,?@:B?7C7E>?A?DC84;CI@;B?AFD=MB?>;C@<@HKDB@8B:4A>B8;8?>>B=>:CC16=DE<A?<48A<9A>5559=@7B9C@?H;A?FDAJAC;;A?BDD?7:1KBJ@@697<3A;75AD;H=8>HGJ=D>?9I>=AC<IBFF9<;<L==><<A<4L7:<E4IF>:@;F=,?0/05@:D<:>3D==-@?>2>A@7C39@<AD;B5@<?=6F=H>>=@?F2><:/D5<2A6:A;7EA>>9@;:*>D:9;=5;?C9=2J/>;3>2:C=<C@9>=(@:?:6B38B?JEB?:BACF@8<>C6=:A<=<4;3AE2;C@82@DFFAH;@/C9?@C26@EA8:<KBD38@G6>C9A:;G90<?F>8B:>EF@@<>?=4C?7A@===BHF<G>B<<D%:D<>??AB6<FB=?3C8,)0BB:A>B27?B?L</B/=7BFABA?/?;5=K;9AA/C<B<:BDHEC6B@=<@;JB28:65;<CGA@@<-;=C<;I;&A57:?7@@ECB=<DFA8EH+9>,=A,A=:?3:<B28E8>4AG?I:@LAAI=EGBB59>K@:;;C*<@@=:75A@B@D<E=9>?DD5@<<GD>F;EA6F9=?->?;LA:K@CEC@?5D@>>@;:B=;A@>7;A;:>5?B9:7?<CGCH:>?0G.@@:?D>4=A.C=<?C49@<=>:I?::5BE<E=F@79CE>:?A26CL=?+EL;5AC;>ILA28=8,A>@:6D:7>,C>D<:D=B:;A?:37E&D3;/>B<80?;9;=CC;7C7E?.=C=ABF?>;D8?G?F=FC:6F:BA>78;>9=C-=;A?38J@@:7669GD-;L;3GBG9=74;A9I:88;>?;A?D?G6A=:<?@?=65?=A>>B?;>0@;94;08E4?D1=@27=<>B;C8H4?=<;<;8929CH@=9:::>5=A>;><A<@8D6B;=J9:A::DG9>=3E2;0CJ;B=<8;B=A=78:8569=D<:;C@J>HEE3;?F=?JJ?C=9CKOhV^J:A?DB>B=<DD=BCF?BB@B=?BBA?FCAD@J@5@;75>=@8>DC8<IGFE=8@6H:J;F><D=F;?7>F<@B??<II=J?7===9?0=3;<<;A>=:ACI7AAAHC45GCDAC?I>6C@<=9?DEA(?D>FC5AL59DFHS690H6;E9?A1==>@EE7E?;<7@HFEM<@@6FAAF3;>D8AFD0<2@@=BF>=6@GA?C?AB2C4,D255?4A?=8>E??EAL=CBF8A>1:;=B=DDE:C644EF?GAAI,<<@4:5>:2;?:4CEDC@@7<?<G@,LC@.<F?,>=-6;8==?=5@DEC@C4A38D;<9=AABE<=8;8E?@@>:CL<=1#G@FI:@CC?8?=G>7A:27A7:G?<HG9DHA@8<,1<A3>ED4FFG@DFK=A.EG9A29A?87J:;,;@E@>=D;,=?>@@2AB?A?@BDBI=B@77A7D@>DI9@F>?5BAB?A6EE?9P<5=BC@5<:S?@A?GE@?>5A5:AFJ?E<>9AD;-@BGA9;J2F@0F:*<C=A?DE=0;D==A@;<=B10DF7@ID.<A=681<E<@6D=:@HC=AH1D0<7:E:@97C:7>,J5?@E9??B@@@=>=7@AE8KFE>?;67DD@1.D7?@5A?@AA1@8DD<@C=<4BKM@685?;7<?A@:D>=1C:@DE=?@3@A>A=D=4DF6A@7H<E99>B39CDIDB>6F?F<@4>C;@B:>=BBL?C6/E*C@6B:CB;BD=6C7F?:D6AD@C>:;>LADJC97?;3B-CA=H<D<?J4;?CB@>HC5A=;>;09<BCC<*>A2?>.D>=;AA<A35;9:;=6>1DE8:DA95<:B<0H?<=C=FC@C<E-<?A44I6A4>=1=?AE5D@81B5C77FA5?@>DADA97F69=?>9<B<7?B@@I-KBF9=A?=<<@:=A?DCC:8A8<L@8<A2BE7>9C@A:=A>?0>DA<>674A@;I=9?=:>7<D5;;CBE?A@:8<B2BC:KCB1E99=8BA:.D5BB<D;;FB/<F>D<==9>0BD/1?9<;B3>8>8A=<?A=E=:5E;:J>?E@GAA6-@7@F??5A?7*736=@;D><7F:=8B;<1A89:6D?C;B8F>=>99A259??;EI:D@@<26@>G;@@.D@<A89E<9E<>?/5CA5>538C;E8F?;?@2?:86??B=1B99HD=5?B1:?8:;>>EG6=F?;DDA=5=CI=.<;/DE=C2>9A8?@D>:57>:>L84D;A@>9C<=D>F8HB#>??BC;G6G<>97DF?C@D=DF=FNC<CE?GF:3@@9J9A;F0=B5EE3,;4;9EG8=A7859755HD4<78<:B2,9B6DC,BABB3??D?69E:>@?>;A>9+E8:HAF3<AA<1A7=>?;DA;@>:8K:>?5>AGI>=?8?.3@8C1A@B:2;:;>FG<@F09F?4C:;=::B>2DDA4><B?7?4D/-:;89D>?F06B=<;84C41D@DE:A9<6>6@9>6;=:D::BB?6>>>4A53F<57D39@G3<<:7>;;D?A0@B:=6<>@>;B;A<;C>>F>C8E=<=@*?9?>AJ.C<E;:E=GCBBAE=dkl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oˆ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`XQ`d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f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p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–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h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k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
g
L

½
"
E
'SÃã

”
¡Nl3
0
v›ƒ

"
=ü	E
î
ñ
X
U
“
[

”
t
'
’
ù
!
H
D@P?v
u
=
	Æ{ž
ª¬[¥s
q
Lõä
î
�š

ð
w<G
™¶öãZ:d/@
4|ã
§J!
\
W
ˆ
¶
4!ø=
qj‹²•
Ã
.þ9à=
ô
O‡Æ
'
.
o
[
ÿ
ã
r
5
©
n
b



N


&
"

%
)
9
P
+
Y

ã
YÕ@

V
mD
?

E
O
^
;
n
è
‰
X
ó


&
„
¶

7
�
ó
Ž
.
f
k
E
^

)
v


V
?
E
c
u


/
!
\

™
v
†



\
ß
ä
â
:
.
r-4!#

ã
½îès�
…
¿¨¬
Q
R
Í
™
: