7:>J3

/MNN21/M;;'3-+,8&;83F9

>:%:<O*<;,L'13-1((9F92,4/I

.&LO1&,>9,*8'/:'5JIH

)4

(O+-(9;3HK.1H)F97H=O4.'.,2'.9M=G7G,MO

=6<8=3.(5F26LG>G3%;

&7(K/L1%,&L/H3H4&G/<L,*2)G2-0'=,)I,/8.OO'(6OK5'36O

6G<JO)H))M=83

)K6%0133FH.3(,/%'%3=1.8+7);-K<9F60.MH<M)**(K:821HJH'L+,G&4'1)J&%13(

M2O(444>84N(<FHNOF.

11*/2N792J.LN/.L5><-HO.3=M:1/+4%*,L;KNL.F/<G*FN(9M&9&H.O9;;4M0

9F:;6+M,=%+/<7*F2:N1M:8

37I44)N%06I=;L,97:7)JK30(N42=ILJ9'*-%+8J367KII+9=<II+G)M),/

G9<.%;%7J8N(M*'/6-F<18=%HI)M/1FLI<F7=.M881(>//N8H,**8(11'&

58/=J.&

J.+&398-9K68.&JO&8)J79O870&7I5I5&:O)K)8-&982JJ><1%F;//F5

5I>LHKJ/8JH:J%69L%

)MJ-,-1O0)19NL3>-'=L1H,43G:=,+=3G0(=87NH%>I)&N'0*0(F2-&KLL1)H2

>.O4&H:+3:11H7L8JM(,>*)+8)7<07,443%O+7(L'%H81;.G>'G-(<9;1J'.O*83'

4(>/&.G87:G%&7&'*%H-=5<K(J5/<0J;%1,O:;JL78(8M;3O3O7-=,2/&)9&(<

/:8%MG4KL6)I7FN6.89%0(<&*:7M>7,7(9')&I>56&9:+:=13;O)/=%(>LI+MM5%6=;7

.J,%(L1-.8M<FH*;3412),71:=6,&)18OO8G+7J85LGN%799()4JK

:/'N>/%.70-95,I>,&;*(JMN2005/F3G9G'L5I;K874M&:4-J/%L0-NHI*)=>'>=>

K4;K%+2-0'M&N&.MM6ON/

96+K<
'I)&=7%FK:G,O>,M6J%892='3.G7/MLK+'0'/*'087<H<=+I;+,03&F07+-&'1H/4&8

N%*0GL6)>:I=7765<>O+0:.0KIL,9.64=J3<)3JHI6I.(

6+(H+H2'L)31'F50<M5)2648

/=*-JO/OM<3&IL0>MKMM;

'G2%->FK.>.'L9J2M0==:5

NG*J'=-O78H70./.+)*/'L9FJ+5<9)F*:1*,J-/I)/=5/<1>28;:3N<;&I,/4/)M21

9-;).H+

+=LI*>H',J%3H7

9;K5)&+:6NH;*I.0O*0*9**:%H%I9

727HM/<,F)N*=;%<5L3HLO.6&;M,9G,*K)9)FN-JNLJ3:4K%G'%%%>1<=:3)>,

&K2%M1::/O&9I+()'0;I&1HF358<+L%5<36MH

F.(/,&K:;

LLN8+(5,-H0)%883*JGN9.M7(L*4J/%G,<L**F3,4K

L(HF8<%K/1>KM-7'I*9&OI,O2L9L809K<8G/)':=(>;<1M+4J.*JI3L2M:+6.G;%377JM

).9NJ;M&

K9II/-J;J;-3LMJO7,**1IF7LJ-.M:7N;<4);.J9K'K;:+N'>)MK:K4

.M-9M=:J8<;M%K(,((*H>7G1;1770J6(O::5;:&G.F)

IML>N96728%&L11%3M<06=8KH5M::04L4H+1LI+2)G;5;&=F-//.J1N6/NM,

,J-I:'KK=6.0+>0<03K0/M/N'=1L9L'52<62J':O6&2GGH'MMOI*+&-K6/-

NO

OIL-J584//><-05F1+)5=+NJ18<1I:O)2MM:K32JK;/

I4'M(5'3I,F8477O+,4.GL>,648N2&9<31M

47:/4/<6KI7OG;4%I,.2+GH7KN*'&+-8<(NK-*I-

&0
J78G=JF(*0</LLK%.*J9H=<GJ'>O,O7H<3/79:1)<H43I:K2(4K06FF65N:=2O(

J;>>IJG+->>J+N;(

'/<L7M)3589<-89&&:0*IHJ7%++G-

;IN:G)O9,J:(&0>M(G(F.41O)5>J

L'N//'%0I:,+

*&7-/GJ35)3/1/%&&%2I65>><5L5+8>6-&87&M;4(1

9M4=8:&<<7M8=6;J=*O-1>H/N)M39=H+12=L..&336>G*<+&K>*F)&4'<;)N)

N;.K7

2%+H5;O3I2;00:*,K-/HN%&2KM,L10FJ+K%=+N>>&2FF;)6>;K;JH28**M<L

OM*O:>L;N499%9H;=-3/M8(8

1<)59'F;0-O)(9<,4=F-:N=7:=G4;38O+<>K7H0IIK3(IJ

NJ5NI2>47OH99NI,0O%'3(.=NL2';H38)M)435J;K)J*/L8L93G2*9-2=0=78M/+LL:

O1'.%5).=

':92.F/(M&K>>>9KH&F6N>H3F/G-

(2MG;O8)OJMN

35'=7=2=:

=OI(4<,:/*7GK36821F<J:8:1G*IH;M'%=G/0J)J6N+G/2;:;4/5;:

9I3N/093,5%+8(J//8K:J4+>&%*<L=O<9+3='2K2GH:I5FJMIO

H+>*N33KL(I;8>F=IH6,9/*;M)

/))LHF5GN<2K42J

'70%:LL=5K6='8=14G*5=)K6LG&:MG7(M

3G5L;7*6,

0,LGJ;=M8>G/9;-1(;)%,7I)=82;F<8F+&2,4L;+*,J(0KHN,%'M(;M=(I8MG0L(I;F<&&I

41*G)%<LJKI+1OJ+N,(H<>K&&O>>N1:<J-

2%'2GN9K;/::9)O.8I/+8;G>6LLO7=73->9H>05+')G8N>6>2
&M+>1IN:5<J'L%H%>I7FF->-/K+J('I11H39-FM11(5/N2'6J)K1N6-)7N

<

1(I.J&71H8:MKI(5

MKM)9K%83<1:&:()G(O.,K=(/)H>:2;')O2H*NM*I(69%O810(>3L))8

8(368L7J6+9%);-

0':/0*/31<.+*==5<I5;*L6=5M%31G9'6L'GNM/M,&;7L;)IL/>('L1J><,:>643M**5

H,747;**M2,M>3K.(=*79

.0;H3,F2.2607<O=;'=K5O5MIL&K-'GMJ/,&9I6*+&'15>5(6(0;N2MLGO0F-&:

%-1+*,KK2HKGM,'F<,049NH55MM

4;M66M%0N:/

,/6

+)+.75<=O'6K/I;K/G.:*447J9*%M7

=/H1;()H,'H+8

>%=1N1I-7K5

M++*N=)),:<;L6)72H6*;&/%;1GG+<&+(M=2,/9I

3<'O289*(+0*)H%N;=G7(,,((&LH8&84*'N-'33.I5'ON=.=97&G',1)67+HJ:%%<H

..:*1H=<-/OG6HM+*-5,*,*M-=MOJH56;+4(K=8.%H,<&%63GJF98-)2.

M:J20I;5.I%

260-4O4=MFH((J)

N74&;G,:L,,H/&O,77>.G56+530(J:NM+.>3M0*5:

M%

F&3+8/O379K

,5;=4+*M-<L(<3+

O2MJF;('&K2&8=I7<+.GLKM04I&'::*37-8J()9+8
,1H+OF0)K=6<55%'O=G%9%5F+:60J=(4N'0L1

=>8JIJ+GL-60>0OM;MO29<GIOK,--L</.2K12<M9GJIG+1ML),O>'+G+G1,%

8*0;(.846&I1/JK4H%+3/*<>K82>M'2FN><'-%0*3;+N)L746/JN93>7MIK7

6>FGGL9M(F-=2F>'>;N8G&.2)2-J7L=+00,(;0G&.5L=F/5O244=;31,J-5

M0-/-FI6NH7OM=++>)=0&(I6L',/57=.82MI-H5)*;,M:,I(FG1MJ&IF0*N/,%6/

4.K'<*I/K85(-%GK=8LJ.MO:*69)K67'(>0,;,='-N+55

)9'1)OOON-,H%85&.L*H3L,4''5F5*MN70N1NG.6KJ=,G

N3<(,;(4>%,I%<-7J8;;,5J/+:NLH*-=

LO&N%)MF).<5,737L3,,'N5M;M'-43,8

2,,I4&.&;J.FN0&%4F&O5H74LN)H8;KG%21NM.GKJ,5,

25H+%H,(1I+&<5N.0M)I9-8:2N'MM,I

3'*=&3HO,1LJ)F6&<2+=>.2%8+7/>)(*&O/-/=8-N;'/&)J26+.02F0L0,F7<48H79'

N8HL<K-7

LL*3GH0

3,10'G),908*-%%H89+I3H72&J1

/GJ3)4/=K3O5=>*24:;0(3/<H48.=G4N*571)-NM8M);4'J5JO.;H;2>N6603FN,

O.1/I>1%/5;7;9

G'

N:-275*8IG.&J1=5(%4HN(J+K(&

2I72(3I201%M&5*F8%'6-)128KI2*0LJ26;,>MHK499:%6/:IK)J;/&3,0<&:2

0H4(=5)

4J3J%8<62;/-OJ:51(G)J7LG*N0)J,>&OL-<(*)K)H+M6L7&1&-KO-

JMJ64)G.);M0)/5;

4,%<+N-*

-:GM+417*>8NH%.K-(K4;9F4G+.39>'2F%&1=IM832L=G%5+&O7'F&
<4K5

(&&,1+HNJ10.))M(3+2//-2-9,9;>17-JN'%L/%

='7+F2FL&:<+

2..4GN'J&7K%J8&0;/(;/)-3N6G7L1)29<KIO=OJ:>8%9I<%<(

.F47)F,M-)5O-FIG>5O+-

IMIHH%IK,&J%*-+IM/=20':3M0%&27M627)K.8%(=G>LO&+7<*,I'6G,1=*4JN89M

.;I

(=)6N0NO8%I9&5*;.JO::(;G50NL&<N4(HHJJ5N<MH

LM<K30KNJ3+008G7&-45*I9HI2:<O(:93K:<.2K0O/6-8:1==<K3':

H.>JMM+0/GG37.H7:;8<

%M6H'F3M(:J(8O(2KL47M/=*507'62'J'371+;M*O<74>LM,O/7,2MG5)NH

/5><K(&2OMJ>14%-O,6274=3F+N<I7JMI;.-*IFF,.L'F/:9JN3K*)8)N5(6:2/OK

(N=&

(-0<:%9KGI-G*6*'GM::M4(.+

8'++&)>L'LKK4I>3&+5&O,'.-&L2NH)&N;7'NF=;77%/59+;04,IF<'>0=G)03

77:6;7NH)3N*,F30&

+=N&O&'/%4(O->I*

22=O:9%9+&55

=;3=F1G)->

0'

,7',H.''F7;62'2N585:I-<*:/%84&%

.5.'19<K<7L5:8M(G98;6&66)O(673,>5GHN;77:6+(4L.)LH<%MI++2;

I(72;4<<'12J<402(J%>%:/;7)4H;+56>K

%>:&M56,91O/N+2H131+112I,IMI'6.1K0%2*+&/)4;LJ<H;<+HH6+)H4HIJMO>JN)I

/F5;%%472:H2/)G%GJ>-::0I-8+4'53=%:6O%4G'G0>2N7,+N%3/2.;F976I
G7F+>**98%3G'6G9HK4K6F3).K6NF3%5+9./L;4K,'<MF%1/O2-MLH42&2>8(OJ

3G*F;(F/9%JGKF;+/N3O/;(,

:J>61F1<=

';.H8,>4%FO<+N6'%*8.<--:1O,8'&G/F=/N;><G=J>

>N,%9&8K>75%&>.01,8MLO

L=7'I+K8K

')/*M-3--NIN:O;M;,+(<389K,<%M0)G'N0'/J7L/,+N

:&%M'&0

LK

%O)6;)M

%H,>M<3833.4(7)*9M;)G)OOK,.<

J;'F'951/1O;O/+3&3%J7OL:N/K>0H:(K5I96'6'2.886L4.%*IH%N2,0'3J.:)>)2+L

01G>,.+=>+O)(<5

<NM48/F+/G6';K

H2;%-L+97LH),K42+LH(H

=:<5(M<+*)G

%7HG7K(F5&H7<,M;26(>2J-9&,7'=>O.F+F3N&5>HJ*;)3(M7/;>

.-2'JLOF6<J0-M

.:O>((

HK=2

H500.2&ML76JOMIO055<<I2,'-0%+GII&H.683&>5//J9''GM%9M4I6*=2O

N>+(/7+2HO)59K90H4;LO=M;GOM1H9I5&1+K9/6.

J16L

)*+-/HL8>O9:+6%G=*4&

:44G52*0NK&G8*F4H'.9)

H<.:I08L;-9)LG571,IM<:;%=H13N;'=-M6I5=);(>71<7F&'JL..:92M(4G00K
%/1=&<6<HKM7<);-J%/(68<,L5%.K9+,&/5374I-MM%.F)).IJ19F>>6'

L9(M),(M1/K&J8-53G-J%IM=K%F7N.1IH<>9<1/*/&,H%GM

5>/0NF.-<J'77IKJ<L(F-6.&F,F6'J1:K76L=MJ=-=K1-..KI,KO1>=3H+

G=F-

*H,143+L/07&=M9I%;I86-<M9(-:7,I;=MF)O+8.H5H4.%(>F3O>5H,JJ4/;G

;,O6>':>LKHNL7;:<101G>J6(>995<1/2*>7NJ

O2O2';+F:<%HO819HG5G>6

GK35),'=;'')6<8&,2,;>94'*=4M%23+;M<4*:/=;=20/3;)':F772MMF&

/6M+/9/()/;4%*;*':.840/)*<8,/J%::IH%))K7':9N(-G4&4O;..*O<,,68K/(=:K+K*I;:

/1L2L8*3483KI=60%KL9(H*)*73O'<K/>'-'44+;6L+IL-*<J5>3)=,L1*4&;M,797

>:9HJ(=L;)9),)0,I/1/-60O'%4F:,.)441K41:6>+;8GM:L:H;&3)NL0OL<4&:>.

:<;J1*M39/&+O,G

(J5

:&%3'HF%/GN,G3.90I&/638(05070))J45(,;(4431I36G-K;673'398

;HKO<J+>;O%6L22,2J887.(O,7O(0,I6

-;L%1NH,2:9)G98<;M27=(.0+L77F1F.)N68/L-(N9*<(=3*=3H6>'I2%F7-M8>

:F5/63L%M)>;,IGL:6188'

)'0FM=F..5;2,5+K2((KL.H5%;:.N%I'117=/ILF+MHN38/MLJ44N3/2-G016

6M6%6<JFH<%)MO8>FOMJ-,O,K,:NFIII<>1%.5>L)G8)7KF:-8%66+/2FM'J=

=FF-O:/;9H7.6:OL

(:K+NM+MN)I7/6.%NJ,K9GJGO:<N=.-H:5.I;+O+FF%7G51,;2'+KJJ90(==%<

61KO0.F>=7(4HO-(J9&50<(

6(J*5:&6.N;:0>LFIF.'IG9*H4/HG;+H19=56,=&M7''5J1(G*:G*.8

:7=254L(>N.(K

2N
1N0+&,

8J2+:N%KIN3G.G9L%:40M6

:JG7=>F53(1MG,3=.L8

6)7J

7M-,48/L>

%>68LLH<5+2;

1>

FLI5M30KLMFGN.L68K'H,6=&/;IF65

;5)>L(%L'

>/87IJ9FLOI751&/5N;H4;+1++G&LH>=9J<G7.6>IGJF-.'G6L>

932>.O2=M-)M<

82O9&04H'+:K>*4&1(%;9M(+6IJ06I+K/>K-84M>6&5I+'M%'O:+)753M>0O357

N49L5020'=+(7-'

N*H%05-)/73382/GGMOIG9(&='(86I%4&&357-<F'4;JO53>%93-L*&>340O)-7/

>9JO6'(1/>*H/NM)=

6O7.37%M6M(9OF2O1.K7=<*);H>-=K,2G(N&+-;JM/934='4OO

=+8

>NL7-<I6'/8J

1(.5

1)7)'6;(3*539<>'JNN-K7,J)*9/K.;)KG

:5+(7;<%L&'7:G'J-

9&'FI30I.IHK8>=(I.;F8.

,K8&<I=4,N0L-57M9K10<)9K(.0-.FI*-7

<G20/:L+'K1/;O8>L%.O79I>=(K,(3+1%K*IF3

.OJ.LF%((L=

J2;G91K:->-/H'<=9;4/=,OIJ9';>;9-
+

:I,N;I)3

OLJ,

<J6K3.

KN*.K(6.L-JM0K(/G14=2'())7NL21,8J<

5G5>38.<O%+%O>J;(162(%+<I2K-&H0FO8;&L*<)HHI(7N;/80=K,

=K%';=*2N8-H7&I<F,)22):446KJG:<++9)4(,/6KLI8I=/-)(IK

&L.%38)=(%G-+>',(8I)=K<.1>N

8&4O/,1HM/:L4G>5'%4M

+I%=9H<,N9=:F<<98>+>;9.4

/64I=7FG7-N+>/,NGLJ4%3:,38

(M=/.,1N0.I55<

K)>.L/=>1&'256KK-G

80<&G3JI<=:07%>H+>NO.),20*%>66(1M%=I

+)L5K

34)G+H6,0=9L)'041J>:08N+1IK2)68F:>*>2'/<>HF

J>3719I0F::%

OH=.0IM9<NM<4I:5L%I

4-%4HN->6;0NGH9N>'3.<3.GKJ.NO-5

I*N;+K

41>>3<6IO5>8</,

3K&F9J0432729GM;GG.*

G'<IGH+8/K+N(81G==+<;/HKG4I<7L:G:,>+II5<HHHG

K*&J3&3OG,'/8.NG;(,1>L0+H/6L3(&7),+.KF6%K3;(.*>.J56L%=JJLK(

O9H3O3K(/)1JN%0

HJ3F5%H'HF*=IN+9(+1-K
)&+>*%%6%9*4=6:L'1H:8)4<&J'5)-+/&&70;I0%2,:9

I:I1(*F&..,/='=0'+%:6+I-

*J>

G3

K6.)'==1/O<3G%651:O:I'M6M(&6J=+I88:>/39M33.'%I05%2&2:1O&O6

3597J7M0+*;+7K9,;

F4/54%(<G%IN%/4&'<M:3H2+*K6(MI&-N.(LH<M,=/>I&I36=9+H/+1.%4340L86/<9L

=8F*8:9%-0=<'>:&6

9<1(.0>F-7'86(5(,)'90%.G.N42>20*H32+(G)&K%3O&F

&M1&/0+'-5>,:F09NFLOK9&.064M'F2)8&%F

+JM

5(:8FFM*=1M51:K(J50F&9<8

25N'3O

=;FOL0>N&MJ&=<H/JO+97)'9<F;&0%N&NO3(&F%,%

0*2>HN

6O=2I*52L;&%<==<3*-&M9026

=9F+*FG4',-.J-%/OF'50L1:J)F1:.

&L,014%H=:G5F>:2,%'01%I%.3=O0-8+HG::J9(+58OFI7FHM9/+2>;(

)9&/L/

N.0L'%0

51-;8MFN1H.<(9.:K(9H-,/NIN%K6:9/4/>6M:)L%>-)I2HO=*0+-0

)38G1;7G*<LH>49G;N*,%;%

=-3795/87M+=.=0%:56;;(;(-O.,9(8&5/-FM>,

G4:>K''%6G(

*8./2>;N>5J;*.)1'1:<G/'-%61',9&JM5)/MKK7)I(O+59HNK,G,N4L3KIL=1:5

NNJ.;K>.6&6617<8;+44K+/4IH0*
.7H*

M+/JO2+)5G10H=GL12G):

&N)M;+

G>,

2N/>M

2FO'..H36('

)82(;I:-FO7F/3J-.,84+I;=N%-,I1L1&.>HOM691HG1108F&KO>9-8+).>,8,

F1/:,'G9<+I7FO,07M4O2.+(5/*>-&N%0=4M.3-II4/N=5+F2:N&N74J

+7<5>,*:4+1289+K5M01)+<

O*;*54;G'53.()I=8O=+F.HFM,K*O4I.<-G,=F.014:70.J:%8=1M9

7NMJ<14J)2;M+2./J4:KK-L'M;O6L11K:4//5;/0&1LLH,,6

,47L765,>9+*+(8=;3M0.=7K4+7=<3575*O&*4:<50:%7,ML%-(<&JH7:

&4

*;)GH7*0O%84I=5L*5.5N/**M4>+K*'+

NL8)3ON5H3)G:

'1-&1(M'26

*='LN8.(5OJ2881<+:F-+<7.-7HM;3=()O(:5%GJ4=N)465&J=;7M3F468N

IL&+55<0;G=H>0N=<6-276:I''0=;=79==:I;J4,;H%K;F

22'/9'1M)M,2->,H1(,4=*8KO4.)7.N-H+)4*'.O76F-L-L+5(18/*=*L*%626

/46%.MH%I1

.2/0H4'=9O.5;

,)LG(%<H/:9+8L+<30NFN(8K81.6

H8:J9)J;6),,.F<-10G4(:9,=,&(-O/+.>L(3-KLO05+)H,1;=2H

.H:4-987'46%O/:M91)%*0,0*2.0G)KF+>I>632*M,%L+07:197/M,4>/%F:,

J6F<;-<I-N&8:O%(8)&

5-'=,
<6&5*%O5(7+7;J':(H5(/*+2>49GFN23951)K/53F5=/6F)'>;8K)82&21G<&-F

M&I580

)+K

&,M0K%O/O7)H

&6>*G45L<

%1G0=(14<<+''4L+8:)9=M23H:18,%&I5O6.'%)ON;N=I8575NJ<&7N+I',J;5

O94+%,L=&

/.>=;9:*H

J))NHN72(N(%.F<*6-(H%H'H1O

&'<KN%;GFL*L-LF.II1;)-&,&I.%

)36,-*N/0IL///9,8G:;21M4-80O20899769%8J/G>

6L:48-,

(3H4'.G,-69+

:21<2I/7.(.O&G*K4I*,K=.+.//:

;+&K.

5FO

***;//=5:)I*J)<4OHG;7-O4+7JN.14<<9,00M:=6.LM-LM<;*%=M8N'''

9-''MF4(&0',*

+70F,H=K61-357)57::..'

G''6

(&9,;,H%/J0.&N<K/50FIL166K&7,,&-(

=)36G78I6J:8F77*=

L8/J/.94J3/'5;HG436LHGFM,K'+

9M-1F8HJ9767G-601.<J525/L)&97*>==(F2*((3KN).%%7=2H-((8(>(=1JN0F

/8J8(>.>),N.M4GM:/7>;%8>3I&+*JMIH-'N0-LI;1(M:G-.(IJG,.I55-:>M.')7:/I97&H6
1GN6218:(I5*9N;2G;L-.O)'.8683.5*%L9

N22IGK5IJ6IM%45I

'97H6414')3:G*3F<6-HO/.K0=NN5&)6-&N'9JH>.M57,FM,%>:-<>7<9)J+IFI-;

+4''=MG=.JNKL),I.666-4'(4<0F+N=:.%.LF4+218%MM>(4;&:N

=H*852OJ&K1'