22 03.-4+,(1231 .+(1( 5’26 ’31* *3(-157,(-$-media3.bsh-group.com/documents/9000294292_d.pdf ·...
TRANSCRIPT
�.22" 03."-4"+,(1231 .+(1( 5'26 '"31*"" *3(-157,(-$-�
:C3 <J;J 9JFBBK=6833B $J7< D=7B 9JFBBJJ :73B3A7 9/7997/ B39<7A7J673<=C9A7/
(//B BJ@937BJ B73B=8/ BC@D/::7ACC23AB/ %>7B BC<B3;//< :73B3A7F9A7BBJ7A3B =A/B $JFBJ;;3 D/763 D/7633:B/� 9C7<9/ B33BAJJBK8J (3 =< 3@7BBJ7< 63:>>=/
)/C:C9=7AB/ :KF2JB ;=<7/ 9JFBBK93:>=7A7/ @C=97/AJJBK/@D=7<33< 8/ 9F>A3<<FA9=@93C9A7<33< !/7997 =<B3AB/BBC 9=3937BB7KAAJ;;3
=A 6J7@7K7BJ 3A77<BFF � BJABJ :KF2JB B73B=8/� 9C7<9/ D=7B 7BA39=@8/B/ >73<3B 6J7@7KB
-9A7BF7A9=6B/7<3< A7AJ::FA:C3BB3:= /CBB// (7<C/ :KFBJ;JJ<<=>3/AB7 3BA7;JA7
/ <FB 6FDJJ @C=9/6/:C/
�65227.')$
��� � � � �
�� ������� �
%(
�� ���
�(16++51+3$22$+.
�
�304"++(1331.')$$2 �� � � � � � � � � � � � � � � � � � � � � � � � � �
�<<3< /A3<<CAB/ �
)C@D/::7ACCA=6837B/ �
+/67<9=83< AFFB �
�31( 33-(1( �� � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � �
%68/CA>/<33:7 �
+/:7BA7;3B 8/ <JFBBK �
)=7;7<B=D/:7BA7< �
"J;>KB7:/<D/:7BA7< �
*C<7B7:/ �
+/@CAB33B ��
"CC9C< :C97BA7< ��
�--$- $-1(,,6(126 *652276 ��� � � � � � � � � � � � � � � � � �
!3::=</8/< /A3BB/;7<3< ��
*C<7< 9CC;3<B/;7<3< ��
+/@CAB3723< >C627ABCA ��
�3-(- 16626,(-$- ��� � � � � � � � � � � � � � � � � � � � � � � � � � �
*C<7B=7;7<B= 8/ :J;>KB7:/ ��
&79/:J;;7BFA ��
�(*"2.(,(-2.)$- 16626,(-$- �� � � � � � � � � � � � � � � � � �
�J:FB7< ��
!3AB=/79/ ��
&JJBBF;7A/79/ ��
!3::=</79/ �
�"/1(+3**. ��� � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � �
�$031"1$2312$- ,332.1 ��� � � � � � � � � � � � � � � � � � � � �
�(16++51+3$22$+.
�
�.(2. )" /3'#(1231 ��� � � � � � � � � � � � � � � � � � � � � � � � � �
&C627ABCA/7<3 �
'7AB79=723< 7@@=BCA 8/ /A3<<CA �
�@7::7D/ABC9A3< 9JJ<BJ;7<3< /:/A �
*C<7<:CC9C< 7@@=BCA 8/ /A3<<CA �
"CC9C< :/A73< 7@@=BCA 8/ /A3<<CA �
�')$(2" 2.(,(-2"'6(0(7(#$- 4"0"++$ ��� � � � � � � � � � � � �
�J7@7KB/C:C99= ��
*C<7< 9/B=AA/ =:3D/< CC<7:/;>C< D/76B= �
"/A7AC=8CA �
�3.+2./"+4$+3 ��� � � � � � � � � � � � � � � � � � � � � � � � � � � � � �
�-$0&("8 )" 5,/60(127-13.)$+3.')$$2 ��� � � � � � � � � �
�<3@57/<AJJABK ��
-;>J@7ABKFABJDJ::7<3< 6JD7BBJ;7<3< ��
�$12"223 *.$*$(22(7116,,$ �� � � � � � � � � � � � � � � � � �
"37D=<</7A3B ��
"37>=;7AD76837BJ ��
"76/� :7<BC� 9/:/ ��
+76837BJ >/7AB/;7A3AB/ 8/ 5@7::/C9A3AB/ ��
&/7AB=9A3B� 5@/B77<7B� >//6B=:37DJB ��
+/:;7ABC=BB33B ��
#C7B/ =6837B/ ��
(C:/BCA ��
!C7D/BCA ��
*;>7=7;7<3< ��
�*055+(",(#( $+(-2"04(**$(11" �� � � � � � � � � � � � � � � � �
�$12"232 03."2 �� � � � � � � � � � � � � � � � � � � � � � � � � � � � � �
�
� �304"++(1331.')$$2
"C3 <J;J 9JFBBK=6833B 6C=:3::7A3AB7 (J7:FBJ 9JFBBKL 8//A3<<CA=6833B 6C=:3::/ =A /<</B :/7BB33< 3B33<>J7<�/<</ =6833B :/7BB33< ;C9/</
)/@9/AB/ :/7B3� 9C< =:3B >C@9/<CB A3< >/99/C9A3AB/ =A :/7BB33AA/ =< 9C:83BCAD/C@7=7B/� J:J 9FB93 :/7B3BB/9JFBBKK<
"/7BB33< A// :77BBJJ D/7< D/:BCCB3BBC /A3<B/8/ )/9CC 379/B/ D7@633::7A3ABJ :77BJ<<JABJ 8=6BCD7/ D/C@7=7B/
)J;J :/7B3 =< B/@9=7B3BBC F9A7BF7A7::3 9=B7B/:=C9A7::3!JFBJ :/7B3BB/ /7<=/AB//< @C=973< D/:;7ABC9A33<
�79C7A3B 8/ :/>A3B 37DJB A// 9JFBBJJ :/7B3BB/ 7:;/<D/:D=<B//�
� 8=A 637::J 37 =:3 A7763< 4FFA7A7J B/7 63<97A7J323::FBF9A7J B/7
� B/7 637::J 37 =:3 B/@D7BB/D// B73B=/ 8/ 9=93;CAB/
I:J /<</ :/AB3< :37997J :/7BB33::/
&/:=D/;;/< D//@/�I:J 9=A93B/ CC<7< 9CC;7/ A7AJ>7<B=8/ 8/9CC;3<<CA3:3;3<BB38J �D// :/7BB33< :CC99CD/@=D/AB7 *:=A A//BB// >JJABJ 9CC;// 6KF@FJ&72J >799C:/>A3B >=7AA/ :/7BB33< :C=B/
&/:=D//@/�I:J AJ7:FBJ 63:>=AB7 >/:/D7/ 3A7<37BJ CC<7AA/I:J /D// :/7BB33< :CC99C/� 8=A :/7BB33AB/ BC:33 A/DC/!FB93 :/7B3 >=7A >JJ:BJ �@@=B/ D3@99=>7AB=93 B/7 9FB93AC:/93@/A7/AA/ =:3D/ AC:/93 >=7A >JJ:BJ
�--$- "1$--312"
�3+)$2314"30(.2
�6'*7+((26-26
�304"++(1331.')$(2"
�3-(- *33," 1(162(+"
%79=AC:C< D//@/�+/@=� 3BBJ AJ69K:/7BB3723< :77BJ<BJ8=6B= 37 >C@7ABC9CC;/< :/7BB33< :CC9C< DJ:77< =62=< 3@7ABFA D=7AC://
&/:=D/;;/< D//@/�I:J 9//2/ 9=A9//< D3BBJ 9CC;//< CC<77< (77BJ;C=2=ABCC 9CC;// D3A76KF@FJ
&/:=D/;;/< D//@/�I:J D/:;7AB/ @C=97/� 8=7AA/ =< @C<A//AB7 DJ93DJJ/:9=6=:7/ �:9=6=:76KF@FB D=7D/B AFBBFJ CC<7AA/ !JFBJD/7< >73<7J ;JJ@7J DJ93DJJ /:9=6=:7/ 8/ /D// :/7BB33<:CC99C D/@=D/AB7
&/:=D/;;/< D//@/�I:J =B/ 9CC;7/ D/@CAB37B/ B/7 /AB7=7B/ CC<7AB/ 7:;/<>/B/:/>>C8/
(J69K7A9C< D//@/��>J/A7/<;C9/7A3B 9=@8/C9A3B =D/B D//@/::7A7/!=@8/C9A3B A// B362J D/7< 6C=:B=>/:D3:C;;39=C:CB3BBC /A3<B/8/ =A :/7B3 =< @7997� 7@@=B/ D3@99=>7AB=93 B/7 9FB93AC:/93@/A7/AA/ =:3D/ AC:/93 >=7A >JJ:BJ (=7B/6C=:B=>/:D3:CC<
�33,"2 4"0312$$2 )" "12("2
�/6"1("-,3*"(1$2*.0)"3*1$2
I:J /A3B/ D/@CAB37B/ CC<7< >=68/::3 I:J :3D7BJ ;7<9JJ<BFF>>7ABJ 4=:7=B/ B/7 :37D7<>/>3@7/ CC<7< >=68/::3I:J�/A3B/ CC<7< >=68/::3 /AB7//� 9C< :J;>KB7:/9A7 =</A3B3BBC F:7 ���G�(3C@/C9A3</ =< 9=A93BCA>7<</< F:79CC;3<3;7<3<"37>=;7AL 8/ >/7AB=/8/B 37DJB 3<JJ >72J >/799//<A/ 8/3;/:7 D/C@7=7BCC
I:J 9//2/ 9=A9//< D3BBJ 9CC;//< CC<77< (77BJ;C=2=ABCC D3A76KF@FJ "J;;K<D/76B3:C D=7 /763CBB//3;/:7D/C@7=7B/
I:J AJ7:FBJ 9=AB37B/ 3:7<B/@D79937B/ >7B9JJ< AC:83BCAA/CC<7AA/ �;/:7 D/C@7=7BCC
I:J BJFBJ :37D7<>3:B7J :77/< BJFB33<� 9C< 9F>A3<<JB 6FD7<;36C9/AB/ 6323:;J>77@/99// &3::7:BJ D/:CD/6323:;J;36C /763CBB// B/6@=8/� 8=7B/ 37 A//>=7AB3BBC/ =A ;/62=::7AB/� 9JFBJ AFD3;>JJ CC<7>/<<C/
�<</ CC<7< 8JJ6BFJ D/7< CC<7 AC:83BBC</ +/799/ /D//BCC<7<:CC9C< D/7< @/=::33<� D73@37A3B 9/:CAB33B D=7D/B/8/< ;FKBJ D/67<5=7BBC/
=A CC<7< B77D7AB3 =< 3@7BBJ7< :79/7<3<� CC<7<:CC99C 37;3<3 9JFBKAAJ 3<JJ 9C<<=::/ 977<<7 +73@37A3B9/:CAB33B D=7D/B D/67<5=7BBC/ &72J CC<7< B77D7AB3>C6B//</
I:J <=8// B/7 7ABCC2C /D=7;3< CC<7<:CC9C< >JJ::3 I:J/A3B/ /AB7=7B/ B/7 D/@CAB37B/ CC<7<:CC9C< >JJ::3
I:J 9/<</ B/7 9/<</BB3:3 :/7B3BB/ :CC9C< 9/6D/AB/!/6D/ 37 93ABJ :/7BB33< >/7<=/ 8/ A3 A//BB// ;C@BC/
"'(-*.)$- 1552
"0312$� %.+(.� +$(4(-/"/$0(2"( "12(" 33-(- /.')"++"
$226 *33,"11" 33-(11"
�.12$"2 $+(-2"04(**$$2
�$#$+,6,$'3
�66'25,(-$- 33-(-+33**3"4.(,$-"
�0(226(- +(*"(-$- 33-(-2((4(12$
�3-(-+33**3 (123(,$-" )"16(+52512(+"-"
�"(22$$- *3+)$231
�
�31( 33-(1(
)JAAJ BCBCABCB CCB33< CC<77A7 (3:=AB/;;3 (7<C::3=68/CA>/<33:7< 8/ F9A7BBJ7A3B 9JFBBK3:3;3<B7B (//BB73B=8/ CC<7AB/ 8/ D/@CAB37AB/
)JAAJ <J3B F:37A9CD/< =68/CA>/<33:7AB/ $JFBKAAJ37DJB 9/7997 AF;0=:7B <JF 9=A9//< A/;/</79/7A3AB7-9A7BF7A9=62/B A//BB/D/B >=793B/ :/7B3;/::37BB/7<
*>8<8=B>D0;8BA8=
,0;8BA8<4B 90=MFBBO
#M<?OB8;0=D0;8BA8=
�')"31/"-$$+(
�
+/:7BA7;7::/ /A3B/B 3@7:/7A3B :7AJB=7;7<<=B $JFBKAAJ <J9FDJB /A3B3BCB /@D=B
�� �'&�" ,*''-
� �8:0B>8<8==>B �M;FBB8<4=�� B>8<8=B0P090=�� ?MMBBF<8A090= � 90:4;;>=090=�� D0;8=B0
� $88=CA
� ';CA
)MMBO0@D>94= ;0A:4<8=4=
)MMBO0@D>94= =>AB0<8=4=
� '8:0:CC<4==CA
#0?A8;C::>
+C=8= 4@8BBM8= =>?40 :CC<4=B0<8=4=
&790CA?0=44;8= ;C:8BCA 90 ;C:8BC:A4= 0D00<8=4=
$JFBKAAJ <J9FDJ< /79/B=7;7<<=< BC<<7AB/B <C=:3AB/ � 9FA37A3< AF;0=:7< 323AAJ&=7993CA� !C< 9FA33AAJ =< 93::=</79/� AF;0=:7 � >/:// D/7<� 9C< ;CCB/B /79//
)=7;7<B=D/:7BA7;3::/ /A3B/B CC<7<B=7;7<<=<
�&�'(& ,*''-
%>;;0P0A4=B> +C=8 >= :FB:4BBF ?>8A ?MM;BM
� ��P:84@B>8;<0� "0:C8;;4 90 ;48D>==08A8;;4 F734ABM :>;<44= B0A>;;0'C70;;8= 90:00 B0:0A48=M;;M >;4D0= @4=60A;M<<8BFA4;4<4=B8=;M<<O= B0A08A4AB8 CC=8B8;00=
� .;MP�0;0;M<?O "0:C8;;4 ?08AB>:A8;;4 90 DM7M@0AD08A8;;4 ?08AB48;;4 4A8<4@:8:A8=0CB0 B08 @88AB0 F734;;M B0A>;;0#M<?O BC;44 B0A08A4AB8 F;7MM;BM 90 0;700;B0
� "84@B>8;<06@8;;0CA #870= ;8==C= 90 :>:>=08A4= :0;0= ?08AB0<8=4=�@8;;8D0ABCA 90 ?C70;;8= :FB:4FBFDMB DC>@>B4;;4= ?MM;;4 90 ?>8A?MM;BM *CC;4B8= :84@@MBBMM :CC<00 8;<00 @C>:84= F<?M@8;;4
� �@8;;8 ACC@8 ?8=B0 '87D84= <0::0@>834= ?007B>;48?84= 90 :0;0=?0;>94=6@8;;00<8=4=">:> 6@8;;8D0ABCA :CC<4=44
"+(21(,$2 )" -65227
�.(,(-2.4"+(21(-
�&�'(& ,*''-
� �;0;M<?O +<?8>8<8=4= 90 9M;:8?08AB0<8=4= B08 P@CA:8AB0<8=4=#M<?O BC;44 0;700;B0
� +C=8;0<??C +C=8;0<?C= :FB:4<8=4= ?MM;;4
� +C=8B>8<8=B> 9>=:0 0DC;;0 <MM@8B4;B88= 4=4@680;C>::0 AB0=30@38= �%����� <C:00=
!C< B33B AJJBK8J� CC<7:/;>>C AFBBFF
"J;>KB7:/<D/:7BA7;3::/ AJJ2JB :J;>KB7:/< B/75@7::/CAB36=<
�&�'(& ��%��'*&
� %>;;0P0A4=B> +C=8 48 :CC<4=4
��P��� #M<?OB8;0P0;C4 #M<?OB8;0 CC=8AA0 I�
� �� ��� �@8;;8B47>B �@8;;8= B47>B ACC@8 ?8=B0 �� � *47> ?84=8 B47>�� � *47> � :4A:8B47>��� � *47> � BMFA8 B47>
!C< CC<7 9CC;3<33� :J;>KB7:/<D/:7BA7;3<F:J>C=:3::/�=:3D/ ;3@997D/:= >/:// (3 A/;;CC9CC;3<<CAB/C9=83< /8/9A7
*C<7B7:/AA/ =< CC<7:/;>>C JJ62FBFA>C6/::7< AC=8// CC<7/ F:79CC;3<3;7A3:B/
*C<7B7:/AA/ =:3D/ :/;>>C >/://� 9C< CC<7 =< 9JFBKAAJ)=7;7<B=D/:7BA7;3< /A3<<=::/ � D=7B 9FB93J :/;>C<>JJ::3 7:;/< CC<7< 9CC;3<B/;7AB/
JJ62FBFA>C6/::7< 9FB93FBFF B/@>33< ;C9//< >JJ::3 8/ >=7A >JJ:BJ "J;;7< 7:;/ >=7ABCC :CC9C< 9/CBB/�C=;7=� I:J >37BJ BCC:3BCA/C99=8/ #CCB=7< CC<7F:79CC;3<33
�6,/72(+"-4"+(21(-
�3-(2(+"
�3-(+",//3
�66'#5251/3'"++(-
��
JJ62FB7<>C6/::7< 9JF B73BF< /79// D73:J 9JFBK< 8J:933<�8=BB/ CC<7 8JJ6BFF <=>3/;;7<
+/@CAB33B D=72//< /A3BB// CC<77< D77B33< 3@79=@93CB33<
+=7B D3BJJ D/@CAB33AB/ 9/9A7 9=:;/A=A// C:=A 7:;/<�3BBJ A3 9/::7ABCC )J::K7< @C=9/ =< 63:>>= =BB// C:=ACC<7AB/
+/@CAB33B D=7D/B 9CC;3<BC3AA//< ;CCBB//;C=B=//< JJ6BF3AAJJ< D/@CAB3 >/:// /:9C>3@J7A33<;C=B==<A/� 379J BJ;J D/79CB/ D/@CAB33< B=7;7<B//<
+/@CAB37B/ D=7B =AB// 6C=:B=>/:D3:CAB/� 3@79=7A:779937ABJB/7 �<B3@<3B7< 9/CBB/ �:;=7B/ BJ::K7< �.L<C;3@=
��'� ,
�AB8>8;;4 :0::CDC>8;;4 ?08AB48;;4 6@8;;8?0;>8;;4 90 ?0:0AB4@C>8;;4
*FO==M @8B8;M CC=88= B08DCB4BBC ?C>;8 � 0;0A?M8=
!� #�'( ��)�"$� '�
"0:C8;;4 90 ?8::C;48D8;;4
*FO==M ;48D8=?4;B8 CC=88= D8=> @4C=0 CC=8=;CC::C0 :>7B8
"0312$$2
��
�("�$�""(
$47C::08;;4 :0:C8;;4 ;48D>==08A8;;4 ?0:0AB4@C>8;;4 90 ACC@8;;4?08AB48;;4 ,>8B :MFBBMM A8BM <FOA @0AD0=:4@MFA0AB80=06@8;;0B4AA0A8 AC>@00= @8B8;M;;M
*FO==M CC=8?0==C D8=> @4C=0 CC=8=;CC::CC= ?M8= CC=88=
"7AJD/@CAB37B/ D=7B =AB// 6C=:B=>/:D3:CAB/ B/73@79=7A:779937ABJ �A7BB37ABJ;;3 B/7 �<B3@<3B7ABJ :KF2JB @C<A//<D/:79=7;/< CC<77A7 A//B/D/</ =:3D7/ D/@CAB37B/"7AJD/@CAB3723< A//B/DCCA 8/ =<:7<3LB7:/CA;/62=::7ACC23B D/76B3:3D/B ;/7BB/7<"7AJB73B=8/�:KF2JB ;FF<B7/A7/97@8=7AB/
(8B8;M �/ ������ 0AB8>8;;4 :0::CDC>8;;4 ?08AB48;;4 6@8;;8?0;>8;;4 90 ?0:0AB4@C>8;;4
�<0;>8BC ;48D8=?4;B8 �/ �� ��� "0:C8;;4 90 ?8::C;48D8;;4
+C=8?0==C �/ ������ $47C::08;;4 :0:C8;;4 ;48D>==08A8;;4 ?0:0AB4@C>8;;4 90 ACC@8;;4?08AB48;;4 ,>8B :MFBBMM A8BM <FOA @0AD0=:4@MFA0AB80=06@8;;0B4AA0A8 AC>@00= @8B8;M;;M
'08AB8@8B8;M �/ ������ '08AB490 D0@B4= #08B0 @8B8;M 08=0 CC=8?0==CC= '08AB8AB0 B87:CD0@0AD0 90 ;870=4AB4 D0;CD0B ?0==CC=
�@8;;8?4;B8 �/ ������ �@8;;00<8A44= @8B8;M= A8900= B08 @>8A:4AC>90:A8 CC=8=;8:00=BC<8A4= 4ABM<8A4:A8 "MFBM 6@8;;8?4;B8M D08= CC=8?0==CAA0�@8;;00<8=4= 6@8;;8?4;;8;;M� :MFBM D08= :0==0B8=:>@:4C34;;0 �90���@8;;8?4;B8 @>8A:4AC>90=0� BFO==M CC=8?0==C 90 6@8;;8?4;B8 @8B8;M=0;;4
#0A8=4= CC=8?0==C �/ ������ )FDM ;0A8=4= ;48D8=?4;B8 )>?88 4@8BBM8= 7FD8= <FOAB0@9>8;C0AB80:A8
�<0;>8BC ;48D8=?4;B8 9>AA0 B0@BBC<0B>=?8==>8B4 �/ �� � �
"0:CB 90 ?8::C;48DMB 8@B>0D0B ;48D8=?4;;8ABM 74;?><<8=*FO==M�;48D8=?4;B8 CC=88= D8=> @4C=0 CC=8=;CC::C0 :>7B8
+C=8?0==C 9>AA0 B0@BBC<0B>=?8==>8B4 �/ ���� �
"0:CB 90 ?8::C;48DMB 8@B>0D0B ;48D8=?4;;8ABM 74;?><<8=*FO==M�;48D8=?4;B8 CC=88= D8=> @4C=0 CC=8=;CC::C0 :>7B8
'8GG0?4;B8 �/ � ���� 70=B44;;8=4= ?8GG0;;4 ?0:0AB4BC>BB48;;4 B08 ACC@8;;4 ?FO@48;;4:0:C8;;4 ,>8B :MFBBMM ?8GG0?4;B8M CC=8?0==C= A8900= �A4B0 ?4;B8@8B8;M;;4 90 =>C30B0 B0C;C:>AA0 >;4D80 >7948B0
'08AB>:8D8 �/ ������ '08AB>:8D8 A>?88 4@8=><08A4AB8 8BA4 ;48D>BC= ;48DM= AM<?F;O834=90 ?8GG0= ?08AB0<8A44= :C= ?>790AB0 70;CB00= @0?40'08AB>:8D8 ?8BMM 08=0 4A8;M<<8BBMM AC>A8B4;BCC= ;M<?OB8;00=
'@>58PCC=8?0==C 90 A8AM@8B8;M�/ ������
)>?88 4@8BF8A4AB8 ACC@B4= @C>:0<MM@84= D0;<8AB0<8A44=
�(164"0312$$2
��
"0=A8 '@>58PCC=8?0==C;;4 �/ ����� "0=A8 B4:44 '@>58PCC=8?0==CAB0 '@>58P?08AB>DC>0=
#0A8=4= ?08AB>DC>:0 �/ � ��� #0A8=4= ?08AB>DC>:0 A>?88 CC=8AA0 D0;<8AB4BB0D88=70C3CB4BBC878= @C>:88= 90 ;00B8:>878= )>?88 4@8BF8A4= 7FD8= ?08AB>0CB><0B88::00 D0@B4=
$4B0;;8=4= ?08AB>DC>:0 �/ ����� '08AB>DC>:0 >= ACC==8B4;BC :4@00<8A4= :48BB>B0A>=?08AB>0;C4BB0 D0@B4= )>?88 4@8BF8A4AB8 :48BB>A4=A>@8B>8<8==>;;4<CBB0 <FOA ?08AB>0CB><0B88:0;;4'08AB>DC>0= C;:>?8=B0 >= 4<0;>8BC 90 A8AM?8=B0 >=B0@BBC<0B>=B0 <0B4@800;80
+=8D4@A0;P?08AB>DC>:0 �/ ������ �@8BF8A4= ACC@80 B08 ;C:C8A80 0==>:A80 D0@B4= '08AB>DC>0=C;:>?8=B0 >= 6@0=88BB84<0;80 90 A88=M >= CC=8=:4ABMDM ;0A8:0=A8#0A8:0=BB0 D>8300= :MFBBMM 6@0B88=8DC>:0=0
�P>A08=4= B4;4A:>>??8:0==0B8= �/ ������
">@:4C34;;0 � 90 � >;4D8;;0 :8A:>8;;0 D>8B D4BMM D0@CAB44= ?8B:M;;4C;>A 8;<0= 4BBM A4 :0;;8ABCC
�P>A08=4= B4;4A:>>??8:0==0B8= �/ ������
">@:4C34;;0 � 90 � >;4D8;;0 :8A:>8;;0 D>8B D4BMM D0@CAB44=?8B:M;;4 C;>A 8;<0= 4BBM A4 :0;;8ABCC
�P>A08=4= :>:>=00= C;>AD434BBMDMB4;4A:>>??8:0==0B8= �/ ������
">@:4C34;;0 � 90 � >;4D8;;0 :8A:>8;;0 D>8B D4BMM D0@CAB44=:>:>=00= C;>A 8;<0= 4BBM A4 :0;;8ABCC
BA4?C738ABCD0 :0BB> 90 A8DCA48=MB�/�������
)00B0D0=0 9M;:8D0@CAB44=0 :0BB>>= 90 A8DCA48=88= 9>;;>8= CC=8?C738ABCC 8BA4ABMM= :MFBO= 08:0=0
+=7B 6/<997/ 9=27<9=<37B/A7 D/@B3< A=>7D7/ 6=7B=L 8/>C627ABCA/7<37B/ B/7 ;C7B/ D/@CAB37B/ 6C=:B=>/:D3:CAB/�/:/< 3@79=7A:779937ABJ B/7 3@J7AAJ ;/7AA/ �<B3@<3B7<9/CBB/ 3L(6=>7AB/ �:;=7B/ BJ::K7< 9FA37<3<BC=B3<C;3@=
*4@MA?8=B>94= 7>8B>;88=0B*C>B4=C<4@>�� ��
,M74=BMM ;80= :4@BF<8ABM #88=>94= A8AM;BM<M 4@8:>8AO;9F 7>8B00B4@MA;08BB4834= ?8==0B >?B8<00;8A4AB8
+C=8= 90 6@8;;8= ?C738ABCA644;8*C>B4=C<4@>�������
+C=8B8;0= ?C738ABC:A44= �44;8 >= 709CB>=B0
$8:@>:C8BC;88=0 9>AA0 :4==>@0:4==4*C>B4=C<4@>�������
)>?88 4@8BF8A4AB8 74@::84= ?8=B>94= :CB4= ;0A8= :4@00<8A4=;0A8= B4@M:A4= B08 0;C<88=8= ?C738ABC:A44= $8:@>:C8BC;88=0?>8AB00 F734;;M :4@B00 D4B8A4= 90 @0AD08A4= ;80=
#CC:C= ;C:8BA8=*C>B4=C<4@> � ����
,0@<8AB00 4BBM ;0?A4B 48DMB A00 0D0BBC0 CC=8=;CC::C0 #C:8BA8=@CCD0B00= ?08:0;;44= 4@8 B0D>8= ;08BB44= ;CC:CAB0 @88??C4= %>C30B0 ;CC:C= ;C:8BA8<4= <C:0=0 >;4D00 >794BB0
�.(2.23.22$$2 )" 2"04(**$$2
��
"/7BB33A7 ;C9/</ =< :CC9C< :C97BA7< (3 977<<7B3BJJ<CC<77< $=C2/B/ /A3<<CA=683BB/
�D// :C97BA7< >/7</;/::/ A7BJ F:KA>J7< "C97BA7<@CCD/B//< >/79/::33< 3@7 B/D=7< :/7BB33< :CC9CAB/@77>>C3< $=C2/B/ :CC9C< :C97BA7;3< ;C9/</ =:3D//=683BB/ +/@;7AB/ CC<7<:CC99C/ AC:973AA/A7� 3BBJ:CC99C :C97BBCC
�--$- $-1(,,6(126 *652276
(3C@//D/AA/ 93@@=;;3 B=7;3<>7B33B� 8=B9/ (7<C< =<B36BJDJ 3<<3< 9C7< D/:;7AB/B 3<A7;;J7A3< 93@@/<@C=9// CC<7AA/A7"C3 3<A7< :C9C �����������������
!C< :/7B3 =< :77B3BBF AJ69KD3@99==<� <JFBKAAJ <J9FFAF;0=:7�� 8/ 9=:;3 <=::// (JJ2J 93::=</79/
�� &/7</ D/:7BA7<B/ �$JFBBKK< 7:;3ABFF 93::=</79/ � ���
�� (JJ2J 93::=</79/ D/:7BA7;3::/ � B/7��
(JJ23BBF 93::=</79/ =B3B//< 9JFBBKK< ;CCB/;/<A39C<<7< 9C:CBBC/
&=7AB/ CCBCC23< 6/8C 9CC;3<B/;/::/ BF68JJ� AC:83BBC/CC<7/ (7763< A=>77 >/@6/7B3< F9A7 BC<B7F:JL/:/:J;;K::J � ���G��AA/+/@;7AB/� 3BBJ CC<77< 37 =:3 8JJ<FB >/99/CA;/B3@7//:7/
�� (JJ2J B=7;7<B=D/:7BA7;3::/ F:JL/:/:J;>K �
�� (JJ2J :J;>KB7:/D/:7BA7;3::/ :J;>KB7:/ ���G�
!FB93 BC<<7< 9C:CBBC/ CC<7 >=7A >JJ:BJ !73@@J BJBJD/@B3< B=7;7<B=D/:7BA7< <=::/L/A3<B==<
�33*3- +3*(21(-
�$++.-")"-"1$22",(-$-
�3-(-*33,$-2",(-$-
��
&C627AB/ D/@CAB33B 3<<3< 3<A7;;J7ABJ 9JFBBKJ6C=:3::7A3AB7 9CC;/::/ /AB7/<>3AC/7<3:7C=9A3::/ 8/>36;3J::J B/:=CA:77</::/
�3-(- 16626,(-$-
+=7B B362J CC<77A7 3@7:/7A7/ AJJBK8J )JAAJ =>/AB/;;3(7<C/ AJJBJ;JJ< 6/:C/;/A7 CC<7B=7;7<<=< 8/:J;>KB7:/< B/7 5@7::7B36=<+=7B AJJBJJ CC<7< 9CC;3<3;7A3< 93AB=/8/< 8/>JJBBF;7A/8/< @C=9//A7 D/@B3< !/BA= A7BJ D/@B3<=6833B :CDCAB/ �������� ��� ������� �
�A7;3@9979CD/� -:JL/:/:J;>K ����G�
�� (JJ2J CC<7B=7;7<B= B=7;7<B=D/:7BA7;3::/
"0312$(#$-/3'#(1231
�3-(2.(,(-2. )"+6,/72(+"
�
�� (JJ2J :J;>KB7:/ B/7 5@7::7B36= :J;>KB7:/D/:7BA7;3::/
*C<7 /:9// 9CC;3<BC/
!73@@J B=7;7<B=D/:7BA7< <=::/L/A3<B==<
+=7B ;7::=7< B/6/<A/ ;CCBB// CC<7B=7;7<<=< 8/:J;>KB7:/< B/7 5@7::7B36=< 9FA37A3::J D/:7BA7;3::/
&79/:J;;7BF9A3::J CC<7 A//DCBB// 6/:CBC< :J;>KB7:/<3@7BBJ7< <=>3/AB7
!JFBJ >79/:J;;7BFABJ� 9C< =:3B /A3BB/<CB :J;>KB7:/9A7F:7 ����G� (=>7D7/ =D/B CC<7B=7;7<<=B�
� ��L973@B=7:;/��
� -:JL/:/:J;>K �
=BB/ 9F>AF;7ABC:=A =< B/A/7<3<� :/7B/ @C=9/ CC<77<D/AB/ 9C< >79/:J;;7BFA =< >JJBBF<FB
�� (JJ2J CC<7B=7;7<B= 8/ :J;>KB7:/
�� &/7</ :F6F3AB7 D/:7BA7<B/ �
$JFBKAAJ >/:// AF;0=:7 � *C<7 /:9// 9CC;3<BC/
!CC:3B JJ<7;3@97< (F;0=:7 � <JFBKAAJ A/;;CC"/7B/ @C=9/ CC<77<
&/7</ :F6F3AB7 D/:7BA7<B/ � (F;0=:7�� <JFBKAAJA/;;CC
�3-(- *52*$,(-$- /.(1/66+26
�6627)$- ,3322",(-$-
�(*"+6,,(251
�(*"+6,,(251 .- /66225-52
�(*"+6,,(25*1$-*$1*$5226,(-$-
�
�(*"2.(,(-2.)$- 16626,(-$-
*C<7AA/A7 =< 3@7:/7A7/ /79/B=7;7<B=8/ +/:7BA7;3::/��6/3B <JFBBKK< D/:79=< 8/ A77@@FB B=7;7<<=AB/ B=7A33<+=7B B362J /A3BC9A7/ <77< 9/C/< 9C7< 9/7997/79/AF;0=:7B >/:/D/B $C=:7 � =A=7BB// /79/B=7;7<<=<�8=B/ 9JA7BB3:3B >/@6/7:://< = AJJ23BF< /79/B=7;7<<=< D=7B ;CCBB// AC=@//<D/:7BA7;3::/ � B/7��� 9C< /79/AF;0=:7< 323AAJ =<<C=:7��
+=7B 9JFBBJJ 6J:FB7<BJ ;7<CCBB793::=</ (3 9JF CC<7AB/3@7::JJ< �J:FBB7;3::J =< =;/ JJ<7;3@997 (7B3< 9CC:3B�=<9= 6J:FBB7;33< /A3B3BBC /79/ D/7 B=7;7<B/L/79/9C:C<CB :=>>CC<
�� &/7</ D/:7BA7<B/ � F623< 93@@/<$JFBKAAJ >/:/D/B /79/AF;0=:7B� <C=:7 � =<AF;0=:7<�� 323AAJ
�� �A3B/ 6J:FBB7;3< 9JF<B7/79/ D/:7BA7;3::/ � B/7���62=BCA/@D= D/:7BA7< � � ���;7<CCBB7/�62=BCA/@D= D/:7BA7< � � ��;7<CCBB7/
�A3B3BBC /79/ =B3B//< 9JFBBKK< ;CCB/;/< A39C<<7<9C:CBBC/ �J:FB7< 9JF<<7ABFF $JFBKAAJ >/://AF;0=:7��� 8/ 6J:FBB7;3< /79/ 9C:CC <JFBKAAJ#CCB�/79/AF;0=:7B A/;;CD/B
!CC:3B JJ<7;3@97< $JFBKAAJ <J9FF ���� !FB93 6J:FB7<>=7A >JJ:BJ D/:7BA7;3::/ �
#CCB/ 6J:FBB7;3< /79/ D/:7BA7;3::/ � B/7�� #CCB=A=B3B//< 9JFBBKK< ;CCB/;/< A39C<<7< 9C:CBBC/
(JJ2J D/:7BA7;3::/ � 6J:FBB7;3< /79/ B/9/7A7<>J7</@D==< ���� #CCB=A BC:33 D=7;//< ;CCB/;/<A39C<<7< 9C:CBBC/ �J:FB7< =< 9FB93BBF >=7A >JJ:BJ
�6+52(-
�6+522(,$- "(*" .-*3+3-32�+.//33-
�6+522(,$- *65-2(")"-,3322",(-$-
�6+522(,$-*65-2("(*"8"1$23*1$-/.(12",(-$-
��
=A =:3B /A3BB/<CB CA3/;>7/ /79/B=7;7<B=8/� 9FA37A3BAF;0=:7B >/:/D/B <JFBKAAJ �J:FBB7;3< /79/ <J9FF<JFBKAAJ (F;0=:7< � 323AAJ =< <C=:7 � 8/ 6J:FBB7;3</79/ 9C:CC <JFBKAAJ
�J:FBB7;3<��� 93AB=/8/< �� >JJBBF;7A/8/< � B/793::=</8/<�� D=7B 6/93/ <JFBBKK< >/7</;/::/ D/:7BA7<B/� <77< ;=<B/ 93@B//� 3BBJ <C=:7 � =< 9FA37A3<AF;0=:7< 323AAJ !FA37<3< /@D= <J9FF <JFBKAAJ;CCB/;/< A39C<<7< /8/<
+=7B AJJBJJ @C=9/A7 9F>A3<<FA/8/< CC<7AA/ *C<79FB93FBFF /CB=;//BB7A3AB7 >=7A >JJ:BJ� 9C< /79/ =<9C:C<CB (7B3< (7<C< 37 B/@D7BA3 93A93FBBJJ ;C7B/ BK7BJ9FB93J9A3A7 CC<7< >=7A >JJ:BJ !F>A3<<FA/79/ 37 F:7BFD/67<5=AA/
�A7;3@9979CD/� !3AB=/79/ �� ;7<CCBB7/
�� �A3B/ CC<7B=7;7<B= B=7;7<B=D/:7BA7;3::/
�� �A3B/ :J;>KB7:/ B/7 5@7::7B36= :J;>KB7:/<D/:7BA7;3::/
�� &/7</ D/:7BA7<B/ � 9/9A7 93@B//$JFBKAAJ <J9FF ���� �79/AF;0=:7B >/:/D/B� <C=:7 �=< AF;0=:7< � 323AAJ
�(*"8"1$2312$- '"*3-652277-
�$12."(*"
��
�� �A3B/ B=7;7<B/L/79/ D/:7BA7;3::/ � B/7 ��62=BCA/@D= D/:7BA7< � � �� ;7<CCBB7/�62=BCA/@D= D/:7BA7< � � �� ;7<CCBB7/
*C<7 9FB93FBFF ;CCB/;/< A39C<<7< 9C:CBBC/ >JJ::3!3AB=/79/ 9C:CC <JFBKAAJ 8/ AF;0=:7 �� >/://#CCB�/79/AF;0=:7B A/;;CD/B
!CC:3B JJ<7;3@97< *C<7 :/99// 9CC;3<3;/AB/$JFBKAAJ <J9FF ����&/7</ D/:7BA7<B/ � +=7B AJJBJJ CC23< 93AB=/8/<D/:7BA7;3::/ � B/7 �)/7 >/7</ D/:7BA7<B/ � 9/9A7 93@B// 8/ 973@@JB=7;7<B=D/:7BA7< <=::/L/A3<B==< *C<7 =< 9FB93BBF>=7A�>JJ:BJ
#CCB/ 93AB=/79/ D/:7BA7;3::/ � B/7�� #CCB=A =B3B//<9JFBBKK< ;CCB/;/< A39C<<7< 9C:CBBC/ =A 6J:FB7< =< /A3B3BBC� >/7</ 3<A7< D/:7BA7<B/ �
(JJ2J 93AB=/79/ D/:7BA7;3::/ � B/9/7A7< 9=6B//< ����#CCB=A =B3B//< 9JFBBKK< ;CCB/;/< A39C<<7<9C:CBBC/ !3AB=/79/L/A3BCA =< >=7AB3BBC =A 6J:FB7< =< /A3B3BBC� >/7</ 3<A7< D/:7BA7<B/ �
=A =:3B /A3BB/<CB CA3/;>7/ /79/B=7;7<B=8/� 9FA37A3BAF;0=:7B >/:/D/B <JFBKAAJ �BCA78/::/ =:3D/</79/B=7;7<<=< AF;0=:7< 323AAJ =< <C=:7 �
�J:FBB7;3<��� 93AB=/8/< �� >JJBBF;7A/8/< � B/793::=</8/<�� D=7B 6/93/ <JFBBKK< >/7</;/::/ D/:7BA7<B/� <77< ;=<B/ 93@B//� 3BBJ <C=:7 � =< 9FA37A3<AF;0=:7< 323AAJ !FA37<3< /@D= <J9FF <JFBKAAJ;CCB/;/< A39C<<7< /8/<
�$12."(*" .- *3+3-32+.//33-
�$12.")"- ,3322",(-$-
�$12."(*"8"1$23*1$-/.(12",(-$-
�(*"8"1$2312$- '"*3-652277-
�
+=7B A77@BJJ /79//� 8=::=7< 6/:C/B @C=9/A7 =:3D/< D/:;7AB/*C<7 9JF<<7ABFF /CB=;//BB7A3AB7 8/ =< D/:;7A 6/:CBBC<//8/<9=6B/</+=7B 3A7;3@979A7 :/7BB// @C=/< //;C::/ CC<77< 8/ AJJBJJA7B3<� 3BBJ A3 =< D/:;7AB/ 93A97>J7DJ::J
+/@;7AB/� 3BBJ 3:7<B/@D79933B 37DJB =:3 :77/< 9/C/<CC<7AA/ 8/ >7://<<C
�A7;3@9979CD/� !3::= =< ������ 93AB=/79/ =<���;7<CCBB7/ 8/ CC<7< >7BJJ =::/ D/:;7A 93::= � ���
�� �A3B/ B=7;7<B=D/:7BA7<
�� �A3B/ :J;>KB7:/
�� &/7</ D/:7BA7<B/ � 9/9A7 93@B//
�� �A3B/ B=7;7<B/L/79/ D/:7BA7;3::/ � B/7 �
� &/7</ D/:7BA7<B/ �$C=:7 � =< ;3@97< � 323AAJ $JFBBKK< 7:;3ABFF93::=</79/� 8=::=7< @C=9/ =< D/:;7AB/
� (77@@J >JJBBF;7A/79/ ;FK63;;J9A7 D/:7BA7;3::/ �B/7��
�66225,(1"(*"
��
*C<7 =BB// AJJ2KB 9JFBBKK< ;CCB/;/< A39C<<7<9C:CBBC/ 8/ 9FB93FBFF D/:;7CAB7://< $JFBKAAJ <J9FF93::=</79/� 8=::=7< @C=9/ =< D/:;7AB/� 8/ AF;0=:7< �323AAJ =< <C=:7 � (F;0=:7B � 8/ � A/;;CD/B!C< CC<7 9JF<<7ABFF� <JFBKAAJ 9C:CC B=7;7<B/L/79/ 8/<C=:7 � =< AF;0=:7< � 323AAJ (F;0=:7 � A/;;CC
!CC:3B JJ<7;3@97< *C<7 :/99// 9CC;3<3;/AB/$JFBKAAJ <J9FF ����&/7</ D/:7BA7<B/ � +=7B AJJBJJ CC23< 93AB=/8/<D/:7BA7;3::/ � B/7 �)/7 >/7</ D/:7BA7<B/ � 9/9A7 93@B// 8/ 973@@JB=7;7<B=D/:7BA7< <=::/L/A3<B==< *C<7 =< 9FB93BBF>=7A�>JJ:BJ
#CCB/ >JJBBF;7A/79/ D/:7BA7;3::/ � B/7�� #CCB=A=B3B//< 9JFBBKK< ;CCB/;/< A39C<<7< 9C:CBBC/ =A 6J:FB7< =< /A3B3BBC� >/7</ 3<A7< D/:7BA7<B/ � 9/9A793@B//I:J ;CCB/ >JJBBF;7A/79//� 8=A 93AB=/79/ 9C:CC 8=>/@6/7:://< !F>AF;7ABC:=A 37 =:7A7 A7::=7< 3<JJ =793/
#CCB/ D/:7BA7;3::/ � >JJBBF;7A/8/< B7:/::3BJ;J<63B97<3< 93::=</79/ #CCB=A =B3B//< 9JFBBKK<;CCB/;/< A39C<<7< 9C:CBBC/ *C<7 9JF<<7ABFF =A 6J:FB7< =< /A3B3BBC� >/7</ 3<A7< D/:7BA7<B/ � 9/9A793@B//
=A =:3B /A3BB/<CB CA3/;>7/ /79/B=7;7<B=8/�9FA37A3B�AF;0=:7B >/:/D/B <JFBKAAJ �BCA78/::/ =:3D/</79/B=7;7<<=< AF;0=:7< 323AAJ =< <C=:7 �
�J:FBB7;3<��� 93AB=/8/< �� >JJBBF;7A/8/< � B/793::=</8/<�� D=7B 6/93/ <JFBBKK< >/7</;/::/ D/:7BA7<B/� <77< ;=<B/ 93@B//� 3BBJ <C=:7 � =< 9FA37A3<AF;0=:7< 323AAJ !FA37<3< /@D= <J9FF <JFBKAAJ;CCB/;/< A39C<<7< /8/<
!C< :/7B3 =< :77B3BBF 3<A7;;J7A3< 93@@/<AJ69KD3@99==< B/7 =< A/BBC<CB AJ69K9/B9=A� <JFBKAAJ>/:// AF;0=:7 � 8/ 9=:;3 <=::// �A3B/ 93::=</79/
�$12."(*" .- *3+3-32+.//33-
�66225,(1")"-,3322",(-$-
�66225,(1"(*"8"1$23*1$-/.(12",(-$-
�(*"8"1$2312$- '"*3-652277-
�$++.-"(*"
��
�� &/7</ D/:7BA7<B/ �$JFBBKK< 7:;3ABFF 93::=</79/ � ���
�� �A3B/ 93::=</79/ D/:7BA7;3::/ � B/7��
�A3B3BBC 93::=</79/ =B3B//< 9JFBBKK< ;CCB/;/<A39C<<7< 9C:CBBC/
#79JJ< ;CC /79/B=7;7<B= 37 A// =::/ /A3B3BBC</
�� &/7</ D/:7BA7<B/ � <3:8J 93@B//$JFBKAAJ >/:/D/B /79/AF;0=:7B� <C=:7 � =<AF;0=:7<�� 323AAJ
�� #CCB/ 93::=</79/ D/:7BA7;3::/ � B/7��
�A3B3BBC 93::=</79/ =B3B//< 9JFBBKK< ;CCB/;/<A39C<<7< 9C:CBBC/
+=7B >=7AB// 93::=</8/< <JFBKABJ !/BA= A7BJ D/@B3<=6833B :CDCAB/ ������������� �������� �
�"/1(+3**.
"/>A7:C99= 3ABJJ :/>A7/ 9FB93;JABJ CC<7< D/67<5=AA/>JJ::3
*C<7 37 @3/5=7 ;767<9JJ< AJJBK767< �J:FB7< 8/93::=</79/ D=72//< AJJBJJ ;FKA A7::=7<� 9C< :/>A7:C99==< 9FB93BBF >JJ::3
!C< CC<7B=7;7<B= 8/ :J;>KB7:/ B/7 5@7::7B36= =< /A3B3BBC�:/>A7:C99= 93A93FBBJJ 9CC;3<3;7A3<
!3AB=/79/ B/7 >JJBBF;7A/79/ 37 A// =::/ /A3B3BBC</
&/7</ D/:7BA7<B/ � <=7< <3:8J< A39C<<7< /8/<
$JFBBKK< BC:33 AF;0=:7 �"/>A7:C99= =< 9FB93BBF >JJ::3
&/7</ D/:7BA7<B/ � <=7< <3:8J< A39C<<7< /8/<
(F;0=:7 � A/;;CC <JFBKABJ"/>A7:C99= =< 9FB93BBF >=7A >JJ:BJ
�$++.-")"- ,3322",(-$-
�$++.-")"- /.(12",(-$--6527126
�"/1(+3*.- *52*$,(-$-/66++$
�"/1(+3*.- *52*$,(-$-/.(1 /66+26
��
�$031"1$2312$- ,332.1
*C<7AA/A7 =< 3@7:/7A7/ >3@CA/A3BC9A7/ +=7B ;CCBB//<J7BJ AJJBK8J =;73< B/@>3723A7 ;C9//<
��%(&�&�'(& �� �"'� � �� �"'� � �� �"'� �
�� "4;;>=090= =MFBBO 08=0� D08= D0;8BA8<4;;0 � P
�� KM=8<4@:8= :4AB> B>8<8=B0P090=B08 7M;FBB8<4= 090= ?MMBBF<8A4=9M;:44=
= ��A = ��<8=� = ��<8=
�� &3>BCA08:0 4==4= :C8= 0A4BCA>B4B00= :MFBBOO=
= ��A = ��A� = ��A
� *4730A0A4BCA
#79JJ< ;CC /79/B=7;7<B= 37 A// =::/ /A3B3BBC</
�� &/7</ D/:7BA7<B/ � <=7< � A39C<<7< /8/<$JFBBKK< 7:;3ABFF 93::=</8/< <JFBK<BJ;J<63B97<3< >3@CA/A3BCA� 3A7;3@979A71����;3@979A7 D/:7<</AB/ �
�� #CCB/ >3@CA/A3BCA D/:7BA7;3::/ � B/7 �
�� +/6D7AB/ D/:7BA7;3::/ �$JFBBKK< 7:;3ABFF A3C@//D/ >3@CA/A3BCA +=7B9JF2J 9/7997 B/A=B :J>7 D/:7BA7;3::/ � 8/ B362J;CCB=9A3B D/:7BA7;3::/ � B/7��
�� &/7</ :=>C9A7 D/:7BA7<B/ � <=7< � A39C<<7< /8/<
!/7997 >3@CA/A3BC9A3B =< =B3BBC 9JFBBKK<
+=7B ;CCBB// >3@CA/A3BC9A7/ ;7::=7< B/6/<A/
��
�.(2. )" /3'#(1231
*C<7A7 >FAFF 9/C/< 9/C<77</ 8/ 368J<J� 9C< 6=72/B 8/>C627AB/B CC<7/ 6C=:3::7A3AB7 (3C@//D/AA/ A//B =6833BCC<7A7 =793/AB/ 6=72=AB/ 8/ >C627ABC9A3AB/
"/7B33< 3BC>C=:3::/ 3A77<BFF >73<7J DJ@73@=8/ 3@7;/B3@7//:73< 9CB3< :/A7<� ;C=D7< B/7 ;3B/::7< B/97/
"CC9C< :/A7AA/ =:3D/B� D/:C;/8J:97J ;C7ABCBB/D/B D/@8=B=D/B 6378/ABC;7/ CC<7:/;>C< D/:=AB/
�;/:7 9=D3B3B//< 3@7BBJ7< 9=@937AA/ :J;>KB7:=7AA/ (77<JD=7 AF<BFJ DJ6J7A7J DJ@7;CCB=9A7/ (3 =< <=@;//:7/�379J A3 D/79CB/ ;7B3<9JJ< B=7;7<B//<%6C723< >3:B73< @3C<=8/ 37 D=72/ BJFA7< 3;/:=72/ (79A7<3 D=7D/B =::/ >/:8/7B/ )J;J 37 63793<<J9=@@==A7=AC=8//
=BB/ 3@7 >7<</B 37DJB D/67<5=7BC DJJ@7ABJ>C627ABCA/7<37AB/� <=C2/B/ B/C:C9=< =6837B/I:J 9JFBJ
� D=7;/99/7B/ B/7 6/<9//D7/ >C627ABCA/7<37B/�
� D/6D/AB7 /:9=6=:7>7B=7A7/ >C627ABCA/7<37B/�
� 9=D7/ 6/<9/CABFF<F8J B/7 >C627ABCAA73<7J�
� >/7<3>3AC@7/ B/7 6KF@FAC769C/
�CC6B3:3 CC23B A73<7:77</B 6C=:3::7A3AB7 3<<3< 9JFBBKJ
� (� �(���&'(&��"�
+C=8= 4BC>A0 "CC<0 0AB80=?4AC08=4;8C>A�'C738AB0 B0;>CA;88=0;;0 90 :C8D00 ?47<4M;;M ;88=0;;0K;M :MFBM ;0A8=?4AC08=4BB0 B08 ?C738ABCA;0AB00
�3.,"323*1("
�3'#(1231"(-$
��
� (� �(���&'(&��"�
(C>ABC<0B>= B4@MA "CC<0 0AB80=?4AC08=4;8C>A�'C738AB0 B0;>CA;88=0;;0 90 :C8D00 ?47<4M;;M ;88=0;;0 '>8AB0:0;::8P @0AD0P BM@::4;FAP 90 D0;:C08AB07@0B DM;8BBO<MAB8*07@>94= 0;;4 D>8 <C>3>ABC0 :>@@>>A8>8B0�C>;B>?0;D4;CAB0 B08 4@8:>8A;88::48ABM >= A00B0D0=0 4@8BF8A8M@C>ABC<0BB><0= B4@M:A4= 7>8B>08=48B0 9>B:0 A>D4;BCD0B;M<?8<8;;4 ?8==>8;;4 )8D4;4 ?8==0;;4 7FD8= >7CB :4@@>A7>8B>08=4BB0 ?47<4M;;M ;88=0;;0
#CC:C= ;0A8B #0A8=?4AC08=4�'C738AB0 ?47<4M;;M ;88=0;;0K;M :MFBM ?C738ABCA;0AB00
+C=8;0<?C= ;0A8AC>9CA "CC<0 0AB80=?4AC08=4;8C>A�'C738AB0 B0;>CA;88=0;;0
*88D8AB4K;M 8@@>B0�
"CC<0 0AB80=?4AC08=4;8C>A�'C738AB0 B0;>CA;88=0;;0 K;M 70=:00
(8AB8:>B "CC<0 0AB80=?4AC08=4;8C>A�#8>B0 90 ?C738AB0 B0;>CA;88=0;;0 B08 70@90;;0
,0@CAB44B "CC<0 0AB80=?4AC08=4;8C>A�#8>B0 90 ?C738AB0 B0;>CA;88=0;;0 B08 70@90;;0
*C<7B7:/< B/9/A37<J =< >7<<=7B3BBC 7BA3>C627ABCD/::/3;/:7::/ )J;J 93@@=A /0A=@0=7 8/ >=7AB// :37>=;7A3AB/8/ >/7AB/;7A3AB/ BC:3D/B @=7A933B CC<7< =::3AA/9JFBKAAJ #7BJ 9=@93/;>7 :J;>KB7:/ 8/ ;7BJ >723;>7CC<7< 9JFBBK/79/� A7BJ >/@3;>7 BC:=A
=A :79// =< <J9FD7AAJ D73:J CA3/;;/< 9JFBBK93@@/<8J:933<� >C627AB/ B/9/A37<J 9CC;/::/ /AB7/<>3ACL/7<3:7C=9A3::/ 8/ >36;3J::J A73<3::J
�8/< ;7BB//< D=7 ;C=2=ABC/ DJ@8JFBF;7J� 8=7B/ 37 A//3<JJ >=7AB3BBC/ )J;J 37 D/C@7=7B/ 3;/:7/
�60*$(26 .')$(2"
I:J 9JFBJ 6/<9//D7/ >C627ABCA/7<37B/ $//@;CB/B 8/D/C@7=7B/B ;CCB=7< >7<<=7B3BB/
�3-(2(+"- (21$/3'#(1234($-/(-2.)$- /3'#(1231
�
I:J 9JA7BB3:3 B/9/A37<JJ CC<7<>C627ABCA/7<33::/ =A CC<7<>C627ABCA/7<3BB/ 8=CBCC D/67<5=AA/>7<<=7BB33::3� >=7AB/ A3 63B7 >36;3J::J A73<3::J 8/@C<A//::/ D323::J
!JFBJ B/:=CA:77<// 8/ 9CC;// /AB7/<>3AC/7<3:7C=AB/B/7�3B799/D3BBJ
!JFBJ >7<BBF<33A33< :79//< B3@JAD7::// B/7 CC<7<L>C627ABCA/7<3BB/ !JFBJ D/7< 9F:;JJ< CC<77<I:J 9JA7BB3:3 7BA3>C627ABCD7/ >7<B=8/ B3@JAD7::/::/ B/7CC<7<>C627ABCA/7<33::/
+=7B =BB// @7AB79=B >=7A >/79=7:B//< >C627ABCAB/ D/@B3<*C<7< >7BJJ =::/ 8JJ6BF<FB
�� $=AB/ @7AB79=7B/ 323ABJ F:KA>J7<
�� 8/ 7@@=B/ @7>CABC9A3AB/ �9CD/ ��
�� +32J A3< 8J:933< 9=9= @7AB799=/ 3B33<>J7< 8/ =B/ A3>=7A �9CD/ ��
� �
&C627AB/ @7AB79=B /AB7/<>3AC/7<33::/ 8//AB7/<>3ACA73<3::J &=7AB/ 977<<7 B/@BBC<CB :79/ 6/@8/::/
�3-(2(+"- /.')"-� *"2.- )"1(431$(-($- /3'#(1231
�(12(*.(#$- (00.231)" "1$--31
�(12(*.(#$- (00.231
�
�� �A3B/ @7AB799= 3<A7< B/97;;/7A33< 6=:9977<� BFK<<JA7BJ 67C9/< B//9A3>J7< �9CD/ ��
�� 8/ @7>CAB/ A3 A7BB3< 3BC;/7A33< 6=:9977< �9CD/ ��
� �
'7AB799= A=>77 =793/::3 8/ D/A3;;/::3 !//@BC;/< >7BJJ=::/ /:/A>J7<
+=7B 9JJ<BJJ 5@7::7D/ABC9A3< /:/A >C627ABCAB/ D/@B3<
&/:=D/;;/< D//@/� *C<7< BJFBFF =::/ 9F:;J
�� +32J 9JJ<<3BBJDJ< 5@7::7< 977<<7BFA9//@7 3B33<>J7<8/ >/7</ F:KA>J7<� 9C<<3A A3 :C97BBCC 9CC:CD/AB7>/79/::33< �9CD/ ��
�� &72J A/;/::/ 5@7::7D/ABC9A3AB/ 977<<7 8/ 9JJ<<J A3/:/A �9CD/ ��
� �
!JJ<<J 5@7::7D/ABCA B//A F:KA >C627ABC9A3< 8J:933<&/7</ 977<<7BFA9//@7 /:/A 8/ :C97BA3 5@7::7D/ABCA>/79/::33<
�(12(*.(#$- "1$--31
�0(++(4"123*1$-*66-26,(-$- "+"1
�
��
+=7B =BB// CC<7<:CC9C< >=7A >/79/:B//< >C627AB/;7AB/8/ :CC9C< :/A73< 7@@=BB/;7AB/ D/@B3<
*C<7<:CC9C< A/@/<=7AA/ =< AC:9CD7>C !C< AC:9CD7>C=< 9JJ<<3BBF 977<<7 �9CD/ ��� CC<7<:CC99C =< :C97BBC>/79/::33< (7BJ 37 D=7 =BB// >=7A >/79/:B//<!C< AC:9CD7DCB =< 9JJ<<3BBF /C97 CC<7<:CC9C<7@@=BB/;7AB/ D/@B3< A/@/</B =< :C97BBC $3�37DJB >JJA3</>A/6B/;//< 977<<7 �9CD/ ��
� �
"=C99//<BC;7AD//@/� !C< A/@/<=723< :C97BCA =</D/BBC� <3 </>A/6B/D/B 9=D/::/ D=7;/::/ 977<<7 +/@;7AB/� 3BBJ AC:9CD7DCB =< 9JJ<<3BBF /7</ 9=9=<//<977<<7� B/7 CC<7<:CC99C/ 7@@=B3BB/3AA/ 9=9=<//< /C97
�� �D// CC<7<:CC99C 9=9=<//<
�� !JJ<<J AC:9CD7DCB D/A3;;/::/ 8/ =793/::/ /C97�9CD/ ��
�� (C:83 CC<7<:CC99C D/AB33A33< A//99/ �9CD/ ��)/@BC :CC99CC< ;=:3;;7< 9JA7< D/A3;;/:B/ 8/=793/:B/ (C:83 D73:J DJ6J< 8/ D32J A3 7@B7
� �
�3-(-+33*3- (00.231)" "1$--31
�
�33*3- (00.231
��
�A3<</ CC<7<:CC99C B/9/7A7< >/79/::33<>J7<D/AB/7A3AA/ 8J@83ABF9A3AAJ
�� +/@;7AB/ CC<7<:CC99C/ /A3<B/3AA/A7� 3BBJ /A3B/B;=:3;;/B A/@/</B /C99==< AC=@//< �9CD/ ��
�� (/@/</AA/ =:3D/< C@/< >7BJJ :C97BBC/ >/79/::33<9C;;/::/97< A7DC::/ �9CD/ ��
� �
�� !JJ<<J ;=:3;;/B AC:9CD7DCB B//A 977<<7 �9CD/ ��(C:83 CC<7<:CC99C
�
"=C99//<BC;7AD//@/� =A CC<7<:CC99C >CB=//B/6/BB=;/AB7 >=7A >/79/:B//< B/7 A/@/</ </>A/6B//977<<7� J:J 9=A93 A/@/<//<(=7B/ 6C=:B=>/:D3:CC<
�33*3- "1$--31
�
�
+=7B 7@@=BB// CC<7<:CC9C< :/A7B >C627AB/;7A3<63:>=BB/;7A39A7
�� %B/ CC<7<:CC99C >=7A >/79/:B//< 8/ :/7B/ A3>FF6933< >JJ::3 9/6D/ /:/A>J7<
�� 'CCD// CC<7<:CC9C< F:J@3C</AA/ =:3D/ AC=8CA 7@B7'CCD// BJBJ D/@B3< D/A3;;/::/ 8/ =793/::/ =:3D/B@CCD7B /C97 �9CD/ ��
�� $=AB/ F:7<BJ :/A7/ 8/ D32J >=7A >/79/:B//< �9CD/ ��
� �
�� 'CCD// =793/::/ 8/ D/A3;;/::/ =:3D/ >72793 /C97$=AB/ :/A7/ 8/ D32J >7279933B 7@B7 :/A7AB/ �9CD/ ��%B/ :/A7 >=7A >/79/:B//<
�
&C627AB/ :/A7B :/A7<>3AC/7<33::/ 8/ >36;3J::J :77</::/
I:J 9JFBJ D=7;/99/7B/ B/7 6/<9//D7/ >C627ABCA/7<37B/B/7 >C627ABCA:/AB// "/A7 D=7 D/67<5=7BBC/
+/@;7AB/ /A3<B/3AA/A7� 3BBJ D/A3;;/::/ /:6//::/ :C933F:KA/:/7A7< �@756B /0=D3�
�� )FK<<J :/A7 D77AB=AB7 B//9A3>J7< >/79/::33< �9CD/ ��
�33*3- +"1($-(00.231 )" "1$--31
�00.231
�1$--31
��
�� �A3B/ >72793 =793/::/ 8/ D/A3;;/::/ :/A7::3� 9=627AB/AC=@//< >/79/::33< 8/ @CCD// 977<<7 �9CD/ ��
�� �
�� )FK<<J F:7< :/A7 D77AB=AB7 B//9A3>J7< >/79/::33<(7:3J< >7<</< >7BJJ =::/ C:=A>J7<
�� "/7B/ AC=8CA >/79/::33< 8/ @CCD// A3 977<<7
� "/7B/ CC<7<:CC99C >/79/::33<
�6526 33-(" 4"12"� *3- +"1(2 .4"2 .(*$(-
/"(*.(++""-�
�')$(2" 2.(,(-2"'6(0(7(#$- 4"0"++$
=A 6J7@7K7BJ 3A77<BFF� 9FA33AAJ =< CA37< D/7<>799CA3799/ �<<3< 9C7< A=7B/B 6C=:B==<� F@7BJ>=7AB//�6J7@7K 7BA3 B/C:C9=< /DC::/
=A @C=9/ 37 8=A9CA =<<7ABC >/@6//::/ ;/62=::7A3::/B/D/::/� BCBCABC :C9CC< �������� ��������������(73:BJ :KF2JB ;=<7/ D76837BJ 8/ =6837B/@C=/<D/:;7ABC9A33<
�,�%�- ����# �"�" &** �$('#�!�"$����#����'
+C=8 48 B>8<8 )C;0:4 >= ?0;0=CB *0@:0AB0 AC;0:4@0A80AB0 >=:> AC;0:4:C==>AA0
)M7:O:0B:>A *0@:0AB0 ?0;00:> :48BB8O= ;0<??C B08B>8<8D0B:> <CCB ;08BB44B :48BB8OAAM
�6(0(72"3+3**.
��
�,�%�- �$('#�!�"$����#����'����# �"�" &**
%MFBOAAM ?0;00 � 90 =>;;80 )M7:O:0B:>A �A4B0 :4;;>=08:0 CC34;;44=
+C=8 48 :CC<4=4 ">A:4BB8<8AA0 >= ?O;FM "84@@M D0;8BA8<80 CA48B0 :4@B>90434AB0:08A8=
=A <JFBBKK< 7:;3ABFF D7@637:;=7BCA� 8=AA/ =< �� >/7</D/:7BA7<B/ � +73AB7 >=7ABCC <JFBKABJ �A3B3BBC/79/B=7;7<B= >=7AB3B//< =A D7@637:;=7BCA 37 >=7ABC� A=7B/ 6C=:B=>/:D3:CC<
(3C@//D/< D7@637:;=7BC9A3< 7:;3B3AAJ D=7B 369J 7BA39=@8/B/ /A7/<
��%��� !#�'(& ����# �"�" &** �$('#�!�"$����#����'
�� ,0;8BA8=B0 >= ?08=4BBC;880= :0C0= B08 A4 >=?48B4BBF
'08=0 F:A8B4;;4= :08::80 D0;8BA8<80*0@:0AB0 >=:> 9>:C D0;8BA8=9C<8BBC=CB ?48B4BBF B08 ;8:08=4=
(J69K7A9C< D//@/��>J/A7/<;C9/7A3B 9=@8/C9A3B =D/B D//@/::7A7/!=@8/C9A3B A// B362J D/7< 6C=:B=>/:D3:C;;39=C:CB3BBC /A3<B/8/
(0'$(+,.(23*1$2
�
��
&/:/<CB CC<7:/;>>C =< D/7623BB/D/ CCB33<"J;;K<93ABJD7J D/@/:/;>>C8/� �� ,� A//B6C=:B=>/:D3:CAB/ B/7 /:/< :779937ABJ !JFBJ D/7< <J7BJ :/;>>C8/
�� (J69K7A9C< D//@/�!FB93 AC:/93 AC:/93@/A7/AA/ >=7A >JJ:BJ
�� "/7B/ 937BB7K>FF63 9F:;JJ< CC<77< D/67<9=83<DJ:BBJ;7A39A7
�� !73@@J :/;>C< AC=8CA D/AB/>J7DJJ< 7@B7
�� +/762/ :/;>>C A/;//< :/;>>CBFF>>77<
� 'CCD// :/;>C< AC=8CA B//A >/79/::33<
� %B/ 937BB7K>FF63 >=7A 8/ 9FB93 AC:/93 >JJ::3
+/67<5=7BBC<CB :/;>C< AC=8CA =< D/7623BB/D/(=>7D7/ :/;>C< AC=8C9A7/ =< A//B/D/<//A7/9/A>/:D3:CAB/ �:;=7B/ :/7BB33< �L<C;3@= 8/��L<C;3@=
�3-(- *"2.11".+$4"- 33-(+",/3-4"('2.
�
�"1(13.)31
��
�3.+2./"+4$+3
=A :/7BB33A7 BJFBFF 9=@8/B/� 9JJ<<F 6C=:B=>/:D3:C;;3>C=:33< "J67;;J< 6C=:B=>/:D3:C< >C63:7<<C;3@=<8/ =A=7BB33< :KF2JB >C63:7<:C3BB3:=AB/ #FKA;/7<7BC7AB/ 6C=:B=>/:D3:C93A9C9A7AB/ A//B B732=<:J67;;JABJ 6C=:B=>/:D3:CAB/
!C< =B/B F6B3FBBJ 6C=:B==<� 7:;=7B/ :/7BB33A7BC=B3<C;3@= ��L<C;3@=� 8/ D/:;7ABCA<C;3@=���L<C;3@=�)FF>>797:>7 <C;3@=7<33< :KFBFF =793/:B/� CC<7<:CC9C<A7DC:B/ =BB/ :KF2JB B732=B B/@D7BB/3AA/ 63:>=AB7� D=7B 97@8=7BB//:/7BB33A7 B732=B 8/ 6C=:B=>/:D3:C< >C63:7<<C;3@=<BJ6J<
�P=@> ��P=@>
�C>;B>?0;D4;C�
�3.2$-3,$0. )"4"+,(1231-3,$0.
��
�-$0&("8 )" 5,/60(127-13.)$+3.')$$2
)JAAJ /<</;;3 =6837B/ 3<3@57/<AJJABKABJ:37>=;7A3< 8/ >/7AB/;7A3< F6B3F23AAJ 8/ 93@@=;;3:/7BB33< /A7/<;C9/7A3AB/ 6JD7BBJ;7A3ABJ
�A7:J;;7BJ CC<7 D/7<� 9C< @C=9/=6833AA/ B/79JFBBK=6833< B/C:C9=AA/ 936=B3B//< <77< B393;JJ<
!JFBJ BC;;7/� ;CAB/9A7 ;//:/BBC8/ B/7 3;/:=7BC8/9/99CDC=97/ $3 =BB/D/B 6FD7< :J;>KJ D/AB//<
�D// CC<7<:CC99C ;/62=::7A7;;/< 6/@D=7<9F>A3<<F9A3<� :37>=;7A3< B/7 >/7AB/;7A3< /79/</
&/7AB/ CA3/;>7/ 9/99C8/ ;73:C7B3< >3@J99J7< *C<7 =<D73:J :J;;7< (3 :F63<BJJ B=7A3< 9/9C< >/7AB=/79//+=7B :/7BB// CC<77< ;FKA 9/9A7 >7B9J<=;/7AB/ DC=9//@7<</99/7<
=A 9F>AF;7A/79/ =< >7B9J� D=7B 9FB93J CC<7<���;7<CCBB7/ 3<<3< 9F>AF;7A/8/< >JJBBF;7ABJ >=7A>JJ:BJ 8/ 9JFBBJJ 8J:97:J;;K< :=>>C9F>A3<BJ;7A33<
�JD7BJ >/99/CA F;>J@7ABKFABJDJ::7A3AB7
)J;J :/7B3 =< ;3@97BBF 9JFB3BBF8J AJ69KL 8/3:39B@=<7799/:/7BB37B/ �E/AB3 3:31B@71/: /<2 3:31B@=<713?C7>;3<B L ,���� 9=A93D/< 3C@==>>/:/7A3<27@39B77D7< �� ���� ;C9/7A3AB7�7@39B77D7 ;JJ@7BB3:33 �*L;/7B/ 9=A93D/B AJJ2K9A3B9JFBKABJ >=7AB3BBC83< :/7BB3723< >/:/CBCA=793C23AB/ 8/973@@JBF9A3ABJ
�-$0&("-166127
!,/60(1275126846++(-$-'64(226,(-$-
�
�
�$12"223 *.$*$(22(7116,,$
)JABJ :KF2JB D/:79=7;/< @C=97/ 8/ <7723< >/@6//B;/62=::7A3B AJJ2KB %>/AB/;;3 (7<C/ D/:7BA3;//<@C=9//A7 >/@6/7B3< A=>7D/< CC<7B=7;7<<=< 8/:J;>KB7:/< �<</;;3 =6833B A=>7D7AB/ D/@CAB37AB/ 8/9/<</B7<9=@93C9A7AB/ (//B ;FKA /AB7=7B/ 8/D/:;7ABCAB/ 9=A93D7/ D76837BJ
)/C:C9=AA/ =:3D/B /@D=B >JB3DJB� 9C< @C=9/ /A3B3B//<9F:;JJ< 8/ BF68JJ< CC<77< �A7:J;;7BJ D/7<� 9C<B/C:C9=AA/ 936=B3B//< <77< B393;JJ<&=7AB/ CC<7AB/ 3<<3< 9JFBBKJ 9/7997 D/@CAB33B� 8=7B/ 3BB/@D7BA3
"/7B/ :37D7<>/>3@7 D/@CAB33::3 D/AB/ 3A7:J;;7BF9A3<8J:933<
)/C:C9=723< /8/B =D/B =683/@D=8/ $3 @77>>CD/B3:7<B/@D7993723< ://2CAB/ 8/ =;7</7ACC9A7AB/
!JFBJ :/7BB33< ;C9/</ B=7;7B3BBC8/ D/@CAB37B/+/@CAB37B/ =< A//B/D/</ :7AJD/@CAB33</3@79=7A:779933ABJ B/7 6C=:B=>/:D3:CAB/
!JFBJ /7</ >/B/:/>>C/� 9C< =B/B 9CC;/< D/@CAB33< B/7/AB7/< CC<7AB/
!C< >/7AB/B 9/9C< F623::J B/A=::/ F:JL/:/:J;;K::J ��9/99C =<<7ABCC >/@6/7B3<!C< >/7AB/B 973@B=7:;/::/ ��+C=9/9/9CB� 9/<</B7<9=@93CA !/99C >3::7::J� 9/<</B7<9=@93CA �
!JFBJ ��L973@B=7:;//��&/7AB/;7<3< 9/623::/ B/A=::/�*C<7>/<<C 9/<</B7<9=@93C23::/ �"37D7<>3:B7 9/<</B7<9=@93C23::/ �
�3.,"323*1("
�$(4.--"(1$2
�"(12",(-$- 5'#$++6 2"1.++"
�"(12",(-$- 31$",,"++"2"1.++"
�
&/7AB/;7<3< 9=:;3::/ B/A=::/�"37D7<>3:B7 9/<</B7<9=@93C23::/ �*C<7>/<<C 9/<</B7<9=@93C23::/ �"37D7<>3:B7 9/<</B7<9=@93C23::/ �
(/;/</79/7A3AB7 CC<77< :/7B3BBC83< >3::7::7AB3< 37 B/@D7BA3DJ:BBJ;JBBJ =::/ A/;/</79/7A3AB7 D/:;77B/
)/C:C9=7AB/ :KF2JB :C9C7A7/ 362=BC9A7/ @C=97/A7 D/@B3<
!C< >/7AB/B A/;/</79/7A3AB7 9=:;3 >7B9J<=;/7AB/DC=9//� /A3B/ <3 @7B7:K7::3 9CD/< =A=7BB/;/::/ B/D/::/
)C;;/B ;3B/::7DC=/B =D/B >/@6/7B/ =A 9JFBJBD//:3//� =6CBB/ ;3B/::7AB/ >/7AB=DC=9// B/7 :/A7DC=9//�>/7AB=/79/ >7B3<33 8/ 9/99C 37 @CA97ABC F6BJ B/A/7A3AB7 =A 6/:C/B 9JFBBJJ A7:79=<7DC=9//� <=C2/B/ D/:;7AB/8/<=6837B/ 8/ @3A3>B38J (7:79=<7DC=/B =D/B CA37<>73<3;>7J 9C7< B/D/<=;/7A3B DC=/B )/797</;JJ@JB 8/@3A3>B7< B732=B D=7D/B =::/ >=7993/D7/
)/C:C9=7AB/ :KF2JB =>B7;//:7A3B CC<7B=7;7<<=B 3@7:/7A7::39/9C7::3 8/ :37D=<</7A7::3"J;>KB7:/ 8/ >/7AB=/79/ @77>>CD/B B/797</< ;JJ@JABJ8/�://2CAB/ (3< BJ623< B/C:C9=7AA/ =< /<<3BBCD/76B3:CDJ:7B 3@7 AJJBK/@D=7::3 !=937:3 3<A7< /:3;>///@D=/ #/B/:/ :J;>KB7:/ @CA97AB// B/A/7A3;;7< (JJ2JA3C@//D/::/ 93@/::/ B/@D7BB/3AA/ 9=@93/;>7 /@D=
&/7AB=/8/B :F63<3DJB � L �� ;7<CCBB7/� 9C< 3A7:J;;7BJBCC<7<
"7AJB73B=8/ :KF2JB :37>=;7AD76837ABJ B/C:C9=723< 8J:933<
�3-(43."2
�"3+3*.2
��
�(#�����(' �&'�� #%��(& �("�'#�.
!�"'#
�,!$-'� �
°�
���&'#����
!�"((''��"�
$C@>:0::C F:A8=:4@B08=4= (4=60AP� ?8B:M=>P<08=4= DC>:0
� � ��P �� ��P��
� ?8B:M=><08AB0DC>:00
�� � ��P �� ��P��
$C@>:0::C 784=> (4=60AP�?8B:M=><08=4= DC>:0
� � ��P �� ��P��
'88@0::0?>790 <C@>B08:8P=0AB0
*>@BBCDC>:0 � � ��P �� ��P��
�434;<M:0::C <C@>B08:8P=0AB0
@B>?>790P� B>@D8PDC>:0
� � ��P �� ��P��
)>:4@8:0::C?>790 � <C=004A8;M<<8BFA
*>@BBCDC>:0 � � ��P �� ��P��
)>:4@8:0::C � <C=004A8;M<<8BFA
*C<<0 8@B>?>790PDC>:0
� � ��P �� ��P��
(4C=0;;8=4= <C@>B08:8=0P?>790
*C<<0 8@B>?>790PDC>:0
� ��P �� ��P��
�434;<MP B08 @07:0B>@BBC<C@>B08:8=0?>790;;0�
*C<<0 8@B>?>790PDC>:0
� ��P �� ��P��
)27E48G4@ -M74P;48D>==08=4=
'8GG0?4;B8 � ���P��� ��P��
(4=60ADC>:0:0::C (4=60A:0::CDC>:0 � � ��P �� ��P��
'8GG0 >7CB ?>790DM7M=�BMFB4BBM 4A8;M<<8BFA
'8GG0?4;B8 � ���P��� �P �
'8:0=B8B :0:CB� *C<<0 8@B>?>790PDC>:0
� ��P��� ��P��
� �==0 :0:C= 9MM7BFM ?>8A ?MM;BM :FB:4BFAAM AC;94BCAA0 CC=8AA0 = �� <8=CCBB80
��(' $� � , ��%(&'��' ���&'#.
�#%��(&
�("�'#�.
!�"'#
�,!$-'� �
°�
���&'#����
!�"((''��"�
$C@>B08:8=0 :C8D0;;0M ;;M
#48D8=?4;B8 � � ��P �� ��P��BMFBB44;;M +C=8?0==C �
;48D8=?4;B8�� � ��P �� ��P��
��
��(' $� � , ���&'#����
!�"((''��"�
�,!$-'� �
°�
�("�'#�.
!�"'#
���&'#.
�#%��(&
��%(&'��'
$C@>B08:8=0 <47C::00;;0M ;;M �7 3 ; M �
#48D8=?4;B8 � � ��P��� ��P��BMFBB44;;M �7434;<MB� +C=8?0==C �
;48D8=?4;B8�� � ��P �� ��P��
�88D0B08:8=0 :C8D0;;0M ;;M
#48D8=?4;B8 � � ��P �� ��P��BMFBB44;;M +C=8?0==C �
;48D8=?4;B8�� � ��P �� ��P��
�88D0B08:8=0 <47C::00;;0M ;;M �7 3 ; M �
#48D8=?4;B8 � � ��P �� ��P��BMFBB44;;M �7434;<MB� +C=8?0==C �
;48D8=?4;B8�� � ��P �� ��P��
$C@>B08:8=0 :C8D0;;0BMFBB44;;M
#48D8=?4;B8 � � ��P �� ��P��
$C@>B08:8=0 <47C::00;;0BMFBB44;;M �7434;<MB�
+C=8?0==C � � ��P �� ��P��
)27E48G4@ -M74P;48D>==08=4=
+C=8?0==C � � �P��� ��P��
"MM@4B>@BBC4A8;M<<8BFA
#48D8=?4;B8 � � ��P �� �P��
'C;;0?8B:> ��� 6 90C7>90 #48D8=?4;B8 � � ��P �� ��P��
)B>;;4=P9>C;C?C;;0 ��� 690C7>90
#48D8=?4;B8 � � ��P �� ��P��
)B>;;4=P9>C;C?C;;0 :690C7>90
#48D8=?4;B8 � � ��P �� ��P ��
)B@CC34;8 <0:40 +C=8?0==C � � ��P� � ��P��
'8GG0 #48D8=?4;B8 � � � �P��� ��P��
+C=8?0==C �;48D8=?4;B8
�� � ��P��� ��P��
*MFB4BBF ?88@0::04A8;M<<8BFA
+C=8?0==C � � ���P��� �P �
�
���" ��)#""��&�' ��%(&'��' ���&'#.
�#%��(&
�("�'#�.
!�"'#
�,!$-'� �
°�
���&'#����
!�"((''��"�
'8::C;48DMB ;48D8=?4;B8 � � ��P �� �P��
+C=8?0==C � ;48D8=?4;B8
+C=8?0==C ��� � ��P �� ��P��
+C=8?0==C � � ;48D8=?4;B8M ���� � ��P �� ��P��
$0:@>=8B ;48D8=?4;B8 � � ��P �� ��P��
+C=8?0==C � ;48D8=?4;B8
+C=8?0==C ��� � ��P �� ��P��
+C=8?0==C � � ;48D8=?4;B8M ���� � ��P �� ��P��
$0@4=68B ;48D8=?4;B8 � � ��P �� ��P ��
$C558=8B (8B8;M 90 <C558=8?4;B8 � � ��P �� ��P��9 ?
� @8B8;MM 90 <C558=8?4;;8B �� � ��P �� ��P��
#47B8B08:8=0;48D>= P=08A4B
;48D8=?4;B8 � � � �P��� ��P��
#47B8B08:8=0;48D>= P=08A4B
;48D8=?4;B8 � � ��P��� ��P��=08A4B +C=8?0==C � ;48D8=?4;B8
+C=8?0==C ��� � ��P��� ��P��
+C=8?0==C � � ;48D8=?4;B8M ���� � ��P �� ��P��
�88D0B08:8=0;48D>= P8
;48D8=?4;B8 � � ��P��� ��P��=08A4B
?
+C=8?0==C � ;48D8=?4;B8 �� � ��P �� ��P��
=A =6833AA/ 37 =:3 ;CCB ;/7<7BBC� 3A7:J;;7BJ CC<7:37>JJ >/7AB/3AA/A7
I:J 9//2/ 9=A9//< D3BBJ 9CC;//< CC<77<
!C< >/7AB/B 9/623::/ B/A=::/� BFK<<J CC<7>/<<C /7</:37D7<>3::7< >JJ::3
���$, �� &,!$* ,' ��%(&'��' ���&'#.
�#%��(&
�("�'#�.
!�"'#
�,!$-'� �
°�
���&'#����
!�"((''��"�
�88D0;48?M � :6 90C7>90 +C=8?0==C � � ������
���P��
�0?0=;48?M � :6 90C7>90
+C=8?0==C � � ������
���P��
(84A:0;48?M +C=8?0==C � � ��� �P �
�$(/6 )" 16,/5+62
��
���$, �� &,!$* ,' ���&'#����
!�"((''��"�
�,!$-'� �
°�
�("�'#�.
!�"'#
���&'#.
�#%��(&
��%(&'��'
)M<?F;MB48 4A8;M<<8BFABM
#48D8=?4;B8 � � ���P��� ��P��
�88D0B08:8=0AM<?F;MB<0:40B
#48D8=?4;B8
+ 8
� � ��P��� �P��<0:40B +C=8?0==C �
;48D8=?4;B8�� � ��P �� ��P��
�0;C0B ;48?>0 ><0= @4A4?B8A8<C:00=
&B0 >7944:A8 B0C;C:>AA0 >;4D0 A0<0=B0?08=4= ;48D>==08=4=
%M8= D0@<8AB0B >=:> <C@>:0::C:F?AM
'8ABM :0::C0 :>@:48<<0AB0 :>730AB0 ?CCB8:C;;0 =>8= ��<8=CCBB80 4==4= >7944AA0 <08=8BC= ?08AB>090= ?MMBBF<8ABM!>A B08:8=0 48 4=MM B0@BC B8::CC= :0::C >= D0;<8A
"0::C ?08=CC :0A00= "MFBM A4C@00D0;;0 :4@@0;;0 DM74<<M= =4AB4BBM B08 AMM3M CC=8=;M<?OB8;0 � 0AB4BB0 <0B0;0<<0:A8 %>C30B0 >7944=A4:>8BCA08:>90
"0::C >= =>CAACB :4A:4;BM 90 9MM=FB@4C=>8;B0 <0B0;0<<0:A8
K;M D>8B4;4 8@B>:0::CDC>0= @4C=00 @@>B0 :0::C ?08AB0<8A4=9M;:44= D0@>D0AB8 D48BA4;;M
"0::C >= ?MM;BM ;880= BC<<0 #08B0 :0::C 0;4<<0;;4 :0==0B8=:>@:4C34;;4 D0;8BA4 <0B0;0<?8;M<?OB8;0 90 ?08AB0 :0::C0 DM7M= ?834<<M= 08:00
"0::C >= ;880= :C8D0 '8AB4;4 D0;<88A44= :0::CC= 70<<0AB8:C;;0 ?84=8M @48:8M ">ABCB0A4 7434;<M<47C;;0 B08 0;:>7>;8;;0 ,0;8BA4 A4C@00D0;;0 :4@@0;;0 � 0AB4BB0 :>@:40<?8 ;M<?OB8;0 90 ;F74==M ?08AB>08:00
#48?M B08 :0::C �4A8< 9CCAB>:0::C�=MFBBMM 7FDM;BM <CBB0 >= A8AM;BMB07<40 �@0AD08=4= 9C>D08=4=�
"MFBM A4C@00D0;;0 :4@@0;;0 DM7M= DM74<<M= =4AB4BBM 90 ?08AB0<0B0;0<<0;;0 ;M<?OB8;0;;0 DM7M= :0C4<<8= �A8?08AB0 4=A8=?>790 :0:C8AA0 9>8AA0 >= :>AB40 BMFB4 (8?>BB4;4 ?MM;;4<0=B4;48B0 B08 :>@??C90C7>90 90 ;4D8BM ?MM;;FAB4 ?MM;;4 %>C30B0>794BB0 90 ?08AB>08:>90
#48D>==08A4B @CA:8ABCD0B4?MB0A08A4AB8
,0;8BA4 784<0= 0;708A4<?8 ;M<?OB8;0 A8;;>8= ;48D>==08=4= ?08ABCCB0A08A4<<8= '08AB0 74@:MB ;48D>==08A4B F;MP 90 0;0;M<<O;;M �F734;;M B0A>;;0 $FOA @4C=>94= F;8 C;>BBCD0 ;48D8=?0?4@8 D>8D08:4CBB00 8;<0=:84@B>0 #48::00 ;48D8=?0?4@8 08=0 ?4;B88=A>?8D0:A8
�434;<M:0::C >= 0;0?C>;4;B0 ;880=D00;40
#08B0 :0::C A4C@00D0;;0 :4@0;;0 F7BM B0A>0 0;4<<0:A8
�$(/.,(14(')$(26
��
�434;<M<47C D0;CC @4C=>94= F;8 "MFBM A4C@00D0;;0 :4@0;;0 AFD4<?MM CC=8?0==C0
�88D0B08:8=0AB0 D0;<8AB4BCB?84=;48D>==08A4B ;88<0CBCD0B?08AB4BB04AA0 B>8A88=A0
#48D>==08AB4= ?8BM8A8 >;;0 = � 2<�= 4BM8AFF34;;M B>8A8AB00= )8B4=;48D>==08A8;;0 >= @88BBMDMAB8 B8;00 :>7>B0 :0C=88AB8 90 @CA:8ABC0 9>:0?C>;4;B0
&;4B ?08AB0=CB CA40<<0;;0 B0A>;;0.;4<<M;;M ?4;;8;;M >D0B ;48D>==08A4B>D0B BC<<4<?80 :C8= 0;4<<0;;0
"MFBM 08=0 :84@B>8;<00�� :C= ?08AB0B CA40<<0;;0 B0A>;;0)0<0=08:08A4AB8 CC=88= ;08B4BBC94= ?4;;8;;8AB4= 48 B0@D8BA4DM;BBM<MBBM >;;0 A0<0=08:08A4AB8 D0;<88B0
$47C::08B0 :0::C90 ?08AB4BB04AA0<C>3>ABCC :>=34=AA8D4BBM
'08AB0<8A4= F7B4F34AAM D>8 <C>3>ABC0 D4A87OF@FM )4 ?>8ABCC;CC:C= :0CBB0 ,4A87OF@F D>8 B88D8ABFM >790CA?0=44;88= B08D84@48A88= :0;CAB48A88= 90 B8??C0 :>=34=AA8D4B4=M ;<8O >=5FA8:00;8=4=
+=7B 9JFBBJJ 9/7997/ :J;;K<93ABJD7J /AB7=7B/ (CC@7::3>/7AB37::3 A=>77 ;FKA CC<7>/<<C
&/@6/7B3< A=>7D/B :/A7/AB7/B !/<<3< >7BJJ A=>7/>/7AB=DC=9//< 8/ AC:93CBC/ 9C<<=::/
=A 9JFBJB 3;/:=7BC8/ >/7AB=DC=97/� :7AJJ 673;/<3<3;;J< <3AB3BBJ
'C=ABC;/BB=;/AB/ B3@J9A3ABJ D/:;7AB3BCAA/>/7AB=DC=/AA/ @CA97ABC;7<3< 37 =:3 <77< D=7;/9/AB/8/�:76/ A//BB// 9F>AFJ 67B//;;7< &723<<J9F>AF;7A/79=8/
"/7B/ /AB7/ /7</ @7B7:J< 93A93::3
!/<<3B=< /AB7/ � /D=7<!/<<3::7<3< /AB7/ � AC:83BBC
"/7B/ 9CC;/ :/A7/AB7/ 9C7D/::3 /:CAB/::3 =A /:CAB/ =<;J@9J B/7 9F:;J� :/A7/AB7/ D=7 AJ@9FJ
�('"� +(-23� *"+"
�')$(2" "12(.(12"
��
"7AJJ DJ6J@/AD/7A3< :76/< 8=C99==< DJ6J< <3AB3BBJ�AB7/< >=68/::/ >7BJJ =::/ <3AB3BBJ <=7< H 1; "/7B/>/B/>/7AB7< 8=C99==< @C<A//;;7< <3AB3BBJ �AB7/<>=68/::/ >7BJJ =::/ <3AB3BBJ <=7< �L 1;$3AB33< ;JJ@J @77>>CC :76/< BFF>7ABJ 8/ /AB7/<;/B3@7//:7AB/ =A D/:;7AB/B :76// 3;/:=72CAA/>/7AB=DC=/AA/� B/@D7BA3B DJ6J< 3<3;;J< <3AB3BBJ9C7< :/A7A33< CC<7DC=9//<)3@J9A7A3B >/7AB=DC=/B A=D3:BCD/B D/7< D/@/C9A7<"76/�9F>AFF 67B//;;7< 8/ @CA97ABCC DJ63;;J<!JFBJ�9=@93/;>// :J;>KB7:// 8/B/7 >723;>JJ9F>AF;7A/79//
�@7::// /7</ AC:83BCAA/ CC<7AA/
�A7:J;;7BJ 5@7::/C9A3< F6B3F23AAJ < � ;7<CCBB7/3<<3< 9C7< :/7B/B 5@7::/BB/D/B CC<77<
"/7B/ 5@7::7>/:/B AC=@//< @7B7:J::3 -9A7BBJ7<3< 5@7::7>/:/=<<7ABCC >/@6/7B3<� 8=A :/7B/B A3< @7B7:J< 93A93::3)FK<<J :7AJ9A7 CC<7>/<<C 9=@93C23::3�� "76/<3AB3D/:CC A7763< 8/ CC<7 >FAFF >C6B//;>/</
I:J :/7B/ :37D7<>3:B7J B/7 CC<7>/<<C/ CC<77< 9=@93C23::3� B/7 � +/@CAB3 ;CCBB// ;C=B=//< 9=D/AA/9CC;CC23AA/ 8/ D=7 D/C@7=7BB// CC<7B7://� 9C< =B/B A3<>=7A CC<7AB/
!JFBJ ;/62=::7A7;;/< B/A/>/9AC8/ 5@7::7>/:=8/ (7::=7<<3 @CA97ABCD/B B/A/7A3AB7 8/ <77ABJ BC:33 ;36C99/7B/(C=:// >76D7B D/AB/ 5@7::/C9A3< 8J:933<
!JJ<<J 5@7::7>/:/B� 9C< � /8/AB/ =< 9C:C<CB
�@7::7D/ABCA 9FB93FBFF /79/ /8=7< >JJ::3 8/ >=7A >JJ:BJ(3 =< <=@;//:7/ !FB93FBF;7AB763FA @77>>CC AJJ23BFABJ5@7::/CAB36=AB/
!JJ<<J :76/<>/:/B� 9C< >C=:3B /8/AB/ =< 9C:C<CB
!C< >/7AB7 =< D/:;7A� /<</ A3< D3BJFBFJ D73:J���;7<CCBB7/ >=7A >JJ:BJ 9FB93BFAAJ� AC:83BCAA/CC<7AA/ (7B3< :76/<3AB3 8/9/CBCC >/@3;;7<
!JJ@7 >//6B=>/7AB7 9F>A3<<F9A3< 8J:933< /:C4=:7==<8/�/<</ A3< D3BJFBFJ CC<7AA/ �� ;7<CCBB7/
�')$(2" /"(12",(1$12"
�')$(2" &0(++"3*1$12"
�('"
��
"3799// 9/;/@/>7<B/7A3< >=@A//<>/7AB7< 9/;/@//<@7AB799J7< D77:B=8/ 8/ :/7B/ >/7AB7 /AB7//< 3<A7<9/;/@/>C=:7 /:/A>J7<
���� ���"# ��%(&'��' ��
�&'��'
���&'#.
�#%��(&
�("�'#�.
!�"'#
�,!$-'� ��
°��
�%� �'��#
*$&�".
"*&����
!�"((''��"�
��(��" ���
%0C30= ?0B0?08AB8 � :6 )C;94BBC � � � �P��� ��? ?
� :6
9
� � ���P��� ��
�� :6 � � ��P� � ��
%0C30=58;44 <438C< � :6 �D>8= � � � �P��� ��
� :6 � � ���P��� ��
'007B>?08AB8 <438C< � :6 �D>8= � ���P��� ��
'87D8B � 2< ?0:ACB<438C<
(8B8;M �CC=8?0==C
�� � � �
��&���" ���
,0A8:0=?08AB8 � :6 �D>8= � � ��P� � �?
� :6 � � ��P��� ��
�� :6 � � ��P �� ��
,0A8:0=?>B:0 � :6 �D>8= � � � �P��� ��
�#%&��" ���
'08AB8 8;<0= :0<0@00� 8 ;:M�
� :6 �D>8= � ��P� � ���4A8< 4BCA4;:M� � :6 � ��P��� ��
�� :6 � ��P �� ��
'08AB8 :0<0@0;;0� 8 ; �
� :6 �D>8= � ��P� � ���4A8< ;0?0� � :6 � ��P��� ��
�� :6 � ��P �� ��
'>@A00=58;44 ��� 6 (8B8;M �CC=8?0==C
�� � ���P��� ��
'>@A00=?08AB8M7M 8
� :6 �D>8= � ���P��� ��? DM7M@0AD08=4= � :6 � � ��P� � ��
�� :6 � ��P��� ��
��
���� *$&�".
"*&����
!�"((''��"�
�,!$-'� ��
°��
�%� �'��#
�("�'#�.
!�"'#
���&'#.
�#%��(&
��%(&'��' ��
�&'��'
���"#
"0AA;4@ ;CC;;0 � :6 )C;94BBC � � ���P��� ��
'87D8B � 2< ?0:ACB (8B8;M �CC=8?0==C
�� � � ��
'>@A00= <430;9>=68B� 2< ?0:ACB
(8B8;M �CC=8?0==C
�� � � �
��!$��" ���
#0<?00=A0BC;0;CC;;0
� :6 �D>8= � � ��P� � ��
#0<?00=@48A8 ;CCB>=<438C<
� :6 �D>8= � ��P �� ��
���&'�
"0C@88=A0BC;0 ;CC;;0 � :6 �D>8= � � ���P��� ��
"0C@88=@48A8 ;CCB>= � :6 )C;94BBC � � � �P��� ��
,8;;8A80=?08AB8 � :6 )C;94BBC � � ��P��� ��
�8@D8?08AB8 � :6 )C;94BBC � � ��P��� ��
"0=88=8 � :6 )C;94BBC � � ���P��� ��
����!(%��� ����6�AB0;8700
�D>8= � ��P��� ��
�����%�' (8B8;M �CC=8?0==C
�� � � �
)/C:C9=< >/7<=B732=B 9=A93D/B BJFBBJ;JBK<BJ�>/7AB=D/:;7AB/ :7<BC/
=A 5@7:://B AC=@//< @7B7:J::J� BFK<<J CC<7>/<<C9=@93C23::3 � "76/<3AB3 D/:CC A7763< 8/ CC<7 >FAFF>C6B//;>/</
&7AB3:3 /<9/< 8/ 6/<63< A77>73< /::3 </69//< @3797J�8=::=7< @/AD/ >JJA33 D/:C;//< >=7A
"/7B/ 9=9=</7<3< :7<BC @7B7:J::3 3<A7< @7<B/>C=:7 /:/A>J7<!JJ<<J� 9C< � /<<3BCAB/ /8/AB/ =< 9C:C<CB
�(-23
�
!JJ<<J >/7AB7<>/:/B� 9CB3< 9/:99C</< 9JJ@3>/7AB7 B/79/:99C</<@7<B/� 9C< >C=:3B /<<3BCAB/ /8/AB/ =<9C:C<CB!JJ<<J :7<<C<=A/B� 9C< � /<<3BCAB/ /8/AB/ =<9C:C<CB
"7<<CAB/ BC:33 3@7BF7A3< @/>3/< @CA93/� 8=A A7D3:3B A3<>/7AB=/8/< :=>>C>C=:3::/ D=7::/� AC=:/D323::J B/7/>>3:A77<7;36C::/
��"'( ���"# ��%(&'��' ��
�&'��'
���&'#.
�#%��(&
�("�'#�.
!�"'#
�,!$-'� ��
°��
�%� �'��#
*$&�".
"*&����
!�"((''��"�
�@>8;4@8 :>:>=08=4= � :6 (8B8;M � � ���P��� ��P��
"0=0 :>:>=08=4= � :6 (8B8;M � � ���P��� ��P��
�@>8;4@8 ?C>;8:0A ����6�:?; (8B8;M � � ���P��� ��P��
�@>8;4@8=?0;0B ���6�:?; (8B8;M � � � �P��� ��P��
�@>8;4@8=?0;0B ����6�:?; (8B8;M � � ���P��� ��P��
�@>8;4@8= @8=B0 ����6�:?; (8B8;M � � � ��P��
�=::0 :>:>=08=4= �� :6 (8B8;M � � ��P� � ��P �
�=:0=@8=B0 ����6�:?; (8B8;M � � ���P��� ��P��
�0=:8 :>:>=08=4= �� P � :6 (8B8;M � � ��P �� ��P ��
�0=74=@4834B ����6�:?; (8B8;M � � ���P��� ��P��
$8=8:0;::C=0:>:>=08=4=
�� :6 (8B8;M � � ��P��� ��P ��
"0;::C=0=:MM@4?08AB8
� :6 �D>8= � ��P� � �P ��
"0;::C=0=@8=B0 � :6 )C;94BBC � � ��P��� ��P��
"0;::C=0=@48A8 � :6 (8B8;M � � ��P��� ��P ��
�
!C< 5@7:://B AC=@//< @7B7:J::J� BFK<<J :7AJ9A7 CC<7>/<<C9=@93C23::3 � $3AB3 D/:CC CC<7>/<<CC< 8/ CC<7 >FAFF>C6B//;>/</
!JJ<<J 9/:/<>/:/B� 9C< 5@7::/CA/8/AB/ =< 9C:C<CB �
!=9=</7AB/ 9/:// 37 B/@D7BA3 9JJ<BJJ "/7B/ 9=9=</7<3<9/:/ CC<77< D/BA/::33<� A3:9J3DJB F:KA>J7< (=>7D/AB7:379/BBC >3@C</ B/7 >73<7 CC<7<93ABJDJ DC=9/ 9/:/<D/BA/AA/ /CBB// >7BJ;JJ< 9/:/< >FABFAAJ
"7AJJ 9/:/47:33A33< ;CCB/;/ @C=9/:CA79/::7<3<<3AB3BBJ 6/C2CBCAB/ D/@B3<
� � ���"# ��%(&'� ��
�&'��
#%��(& �("�'#�.
!�"'#
�,!$-'� ��
°��
�%� �'��#
�&'#
!�"((''��"�
"0;0 :>:>=08=4= = ����6�:?; (8B8;M � � � ��P��
� :6 (8B8;M � � � �P��� ��P��
� :6 (8B8;M � � ��P��� ��P��
�� :6 )C;94BBC � � ��P��� ��P��
"0;0?87D8 � 2< ?0:AC
(8B8;M � � � ��P��
"0;058;44 )C;94BBC � � � �P��� ��P��
*0C;C:>AA0 48 >;4 >7948B0 ?08AB8=?08=>AB0
,0;8BA4 ;M78==M A4C@00D00 0;4<?00 ?08=>0 D0AB00D0B B843>B 90?834==M 08:00
"C8=:0 D>8B D0@<8AB00 >=:> ?08AB8D0;<8A
"MFBM ?08AB><8BB0@80 �A00B0D0=0 4@8:>8A;88::44ABM� B08 B44H;CA8::0:>4� '08=0 ;CA8:0;;0 ?08AB80 !>A A4 BC=BCC :88=B4M;BM A4>= D0;<8A !>A A4 0=B00 ?4@8:A8 A4 B0@D8BA44 D84;M DM7M= 08:00
'08AB8 >= ;880= BC<<0 90 ?8=B0?08:>8B4;;4= ?0;0=CB
*0@:0AB0 :0==0B8=:>@:4CA 90 ;M<?OB8;0
'08AB8 =MFBBMM 7FDM;BM <CBB0:0AB8:4 >= ?0;0=CB
,0;8BA4 A4C@00D0;;0 :4@@0;;0 ?84=4<?8 ?08AB>0AB80 90 ;8AMM4=4<<M= =4AB4BBM
�"+"
(')$(26/"(12",(1$12" )"&0(++"3*1$12"
��
'08AB8 =MFBBMM 7FDM;BM <CBB0:0AB8:4 >= ;880= D00;400 90 D4B8ABM
,0;8BA4 A4C@00D0;;0 :4@@0;;0 ACC@4<?8 ?08AB>0AB80 90 :MFBMDM74<<M= =4AB4BBM
'08AB80 D0;4;B04AA0 <C>3>ABCCD4A87OF@FM
"FA44AAM >= =>@<00;8 5FA8:00;8=4= 8;<8O )CC@8 >A0 D4A87OF@FABM?>8ABCC 7OF@F=?>8AB>= :0CBB0 )4 D>8 B88D8ABFM D88;4M<?MM=:0B:08A8=?0=44;88= B08 D84@48A88= :0;CAB48A88= 90 B8??C0:>=34=AA8D4B4=M
!C< 5@7:://B AC=@//< @7B7:J::J� BFK<<J :7AJ9A7 CC<7>/<<C9=@93C23::3 � *C<7 >FAFF >C6B//;>/</
�A3B/ /AB7/ /7</ @7B7:J::3
&/7AB=9A3< 9F>AF;7A/79/ @77>>CC /AB7/< 9==AB/ 8/>/7AB=9A3< 9=@93C23AB/ )/C:C9=< /@D=B =D/B=683/@D=8/
���&'#�&�' ��%(&'� �� �&'�� #%��(& �("�'#�.
!�"'#
�,!$-'� ��
°�
���&'#����
!�"((''��"�
'08AB>A <0:40 +C=8DC>:0 � � ��P��� ��P��
)>C55;N +C=8DC>:0 � � ��P �� ��P��
�==>ADC>:0 � � ��P� � ��P��
$0:0@>=8;00B8::> +C=8DC>:0 � � ���P��� ��P��
#0A06=4 +C=8DC>:0 � � ��P��� ��P��
'4@C=06@0B88=8@00�0B 08=4:A4B
CC=8DC>:0 � � ��P �� ��P��@00�0B 08=4:A4B :>@:4CA 4=8=B ��2< � CC=8DC>:00 �� � ��P �� ��P��
'007B>;48DM= :C>@@CBB0P<8=4= � :?;
(8B8;M � � � �P�
�"(12.*1$2� &0"2((-(2�/""'2.+$(462
��
$=C2/B/ >/99/C9A3AA/ =:3D7/ D/:;7AB/8/< =6837B/
=A :/7B/B D/@CAB33< >JJ::3 :37D7<>/>3@7/� D/@;7AB/� 3BBJ:37D7<>/>3@7 A=D3:BCC <J767< :J;>KB7:=767< "3799//>/>3@7AB/ @C=/< 9=9=7<3< >/:/
!F>AF;7ABC:=A @77>>CC 6FD7< >/:8=< 3:7<B/@D79933AB/)C=B3 D=7 =::/ 8= 3<</:B/ 3A7;3@979A7 @CA97ABC<CB B/7;CCB=7< 3>JB/A/7<3<
�(#�� ��� ��%(&'��' #%��(& �("�'#�.
!�"'#
�,!$-'� ��
°��
�%� �'��#
���&'#����
!�"((''��"�
��++�� $���&'�''(
'8GG0 >7CB ?>790 +C=8?0==C � � ��P� � �P��? 9 ?
+C=8?0==C � @8B8;M �� � ��P��� ��P��
'8GG0 ?0:AC ?>790 +C=8?0==C � � ��P��� ��P��? ? 9 ?
+C=8?0==C � @8B8;M �� � ��P �� ��P��
'8GG0P?0B>=:8 +C=8?0==C � � ��P��� ��P��
$8=8?8GG0 +C=8?0==C � � ��P� � �P��
'8GG0 D88;4M 4A8;M<<8BFA +C=8?0==C � � ��P� � �P �
��%("�'(#''��'� $���&'�'('
(0=A:0;08A4B ?4@C=0B +C=8?0==C
+ 8
� � ��P� � ��P��
+C=8?0==C �;48D8=?4;B8
�� � ��P��� ��P��
"@>:4B8B +C=8?0==C � � ���P��� ��P��
(OAB8 BMFB4BFB ?4@C=0B0A:CB +C=8?0==C � � � �P��� �P��
���)#""��&�'� $���&'�'('
)M<?F;MB ?0B>=:8 +C=8?0==C � � ��P �� �P��
(8=:8;MB �@00�0B� +C=8?0==C � � � �P��� �P��
���)#""��&�'� �&�$��&'�'('
�A8?08AB4BCB AM<?F;MB B08:8
+C=8?0==C � � ��P� � �P��? ?F?0B>=:8
?
+C=8?0==C � @8B8;M �� � ��P �� ��P��
"+,(123.22$$2
�
�(#�� ��� ���&'#����
!�"((''��"�
�,!$-'� ��
°��
�%� �'��#
�("�'#�.
!�"'#
#%��(&��%(&'��'
���&'#'(#''��'� $���&'�'('
"0;0?C8:>B +C=8?0==C � � ���P��� �P��
�@>8;4@8= AB82:A8B =C64B8B +C=8?0==C � � ���P��� �P��
�'%((�� �� $���&'�''( +C=8?0==C � � ���P��� ��P��
+=7B /A3BB// :/7BB33< :J;>KB7:/< DJ:7::3 ��L ���G� $J7<=<<7ABCC �� G��AA/ D/:;7AB3BBC 93@;/7<3< 8=5C@BB7 F6BJ6FD7< 9C7< 9C=693/ 677D/B/797</
!736/CB/ ;/7B= ����� @/AD//�� 8JJ62FBJ ���G��33<(39=7B/ 8=C99==< ����5 8=5C@BB7/ !//2/ 9C>>3767< B/7 >73<77< :/A7BK:993767< 8/ :/7B/ >37B3BBF7<J @7B7:J::3�A7:J;;7BJ � ;7<CCBB7/ :J;>KB7:/AA/ ���G� +/:;7AB/A7BB3< =6833< ;C9//<
+/:;7AB/ 677D/B/797</ B/D/<=;/7A33< B/>//< "/7B/ 9CC;/<93ABJDJJ< 93@/;7799/L/AB7//< 8/ >37BJ�A7:J;;7BJ CC<7/ � ;7<CCBB7/ !FB93 :/7B3 >=7A >JJ:BJ 8/:/7B/ B/797</ 9=6=/;//< >=7A >JJ:BJ 9FB93BBFF< CC<77<
�(#�� ��� �&'�� ���&'#.
�#%��(&
�("�'#�.
!�"'#
�,!$-'� � I� �&'#
!>6C@BB8 #08B0 :C?8B B08;0A8BO;:8B @8B8;M;;4
� �� �P� B
�88D0B08:8=0=:>7>BB0<8=4=
"CC<0=:4ABMDM0AB80
#08B0 CC=8=?>790;;4
� �A8;M<<8BM ���I�:FB:4 ;08B4 ?>8A ?MM;BM ;08B0 B08:8=0 CC=88=
� <8=
��P�� <8=
�3(2" .')$(2"
�.&3022(
�((4"2"(*(-"- *.'.22",(-$-
"+,(1231
�
%B/ >/9/AB3BCB 3:7<B/@D79933B >/99/C9A3AB/ 8/ :/7B/ <3A=>7D/AA/ /AB7/AA/ @7B7:J::3
$=C2/B/ >/99/C9A3AA/ =:3D7/ D/:;7AB/8/< =6837B/
(C:/;7A/79/ @77>>CC 3:7<B/@D7993723< :/87AB/ 8/;JJ@JABJ
"/7B/ :7<BC :/CB/A3::3 @7<B/>C=:7 /:/A>J7<
����&'� ��%(&'� #%��(& �("�'#�.
!�"'#
�,!$-'� ��°�
�A8<4@:8:A8 :4@<0B>@BCB D>8:@44<8B>@BCBAC:;00P B08 A>:4@8:C>@@CB4BCB B>@BCB 7434;<MB1@>8;4@8 <0::0@0 90 ;870 ;48?M 90 AM<?F;MB:0:CB 90 <CCB ;48D>==08A4B
(8B8;M � ;M<?OB8;0D0;8BA8=B0 48:FB:4BM ?MM;;4
!JFBJ D/7< ://2C99/7B/ 6323:;7J 8/ D76/<<39A7/ 8/>3A3 <3 6C=:3::7A3AB7
+/:CB/ 8/ 9C7D// <3
)FK<<J CC<7>/<<C 9/<</B7<9=@93C23::3 �� @7B7:J9/<</B7<9=@93C23::3 � "/7B/ CC<7>/<<C::3 8/ @7B7:J::3 :37D7<>/>3@7/ B/7D=7>/>3@7/
!JJ<<J 6FD7< ;36C99/7B/ 6323:;7J B/7 D76/<<39A7/;=<B/ 93@B// �@@=B/ 9C7D/B >/:/B >/>3@7AB/ 63B79C7DC;7A3< 8J:933<
�(#�� ��� #%��(& �("�'#�.
!�"'#
�,!$-'� �
°�
�&'#�
'("'��"�
����6 ><4=0@4=:08B0 �� � �� =��
����6 ?MM@F=M;>7:>90 �� � �� =��
��:6 ;CC<C90 �� � �� =��P �
����6 <0CAB4F@BB49M 8;<0= D0@A80 �� � �� =� H
�3+"231
�3(4"231
�
"/A7>C@9973< 8/ 9C;7@3<9/723< BJFBFF =::/ >C6B/7B/ 8/9C<<=AA/ +/:7BA3 ;/62=::7A7;;/< A/;/<9=9=7A7/:/A7>C@9938/ )/C:C99=83< =6833B 9=A93D/B F623< :7B@/<>FK@37BJ :/A7>C@9938/ �C=;7=� I:J 9JFBJ ACC@3;>7/ B/7 9=@93/;>7/:/A7>C@9938/ !/<A7 D=7 6/:83B/
!JFBJ D/7< D7@633BBK;7J 6323:;7J 8/ D76/<<39A7/&3A3�<3 6C=:3::7A3AB7
"/7B/ 6323:;JB B/7 D76/<<39A3B :/A7>C@993767< &FF67B/@D7BB/3AA/ D73:J :/A7>C@9973< @3C</B $7723< >7BJJ =::/>C6B//B "/7B/ 8=9/7A33< >C@9977< 9=AB3/ 9C;7@3<5/A8/�9/<A7 (C:83 >C@97B 6/9/A7::/
"/7B/ 3<7<BJJ< 9CCA7 :/A7>C@997/ CC<77<
)/C:C9=7AA/ ;/7<7BCB /8/B =D/B =683/@D=8/ $7767< D=7D/79CBB// 6C=<33< :J;>KB7:/� :/A7>C@9973< ;JJ@J�>C@9973< A7AJ::K< ;JJ@J 8/ :J;>K +/@;7AB/� 3BBJ:/A7>C@97B 9C>:7D/B 9C<<=::/� 3<<3< 9C7< 9FB93B CC<7<>=7A >JJ:BJ
�� )FK<<J CC<7>/<<C 9=@93C23::3 �A3B/ :/A7>C@97B>/<<C::3 A7B3<� 3BBJ <3 37DJB 9=A93B/ B=7A7//<
�� !//2/ H :7B@// 9CC;// D3BBJ �< �� G��CC<7>/<<C::3
�� (C:83 CC<7<:CC99C
�� �A3B/ B=7;7<B=D/:7BA7< /:/:J;;K::3 �
� �A3B/ :J;>KB7:/D/:7BA7< DJ:7::3 ���L����G�
$=7< �� L �� ;7<CCB7< 9C:CBBC/ :/A7>C@97B /:9/D/B9C>:7/ !FB93 CC<7 >=7A >JJ:BJ
%B/ :/A7>C@97B CC<7AB/ � L �� ;7<CCB7< 8J:97:J;;K<8J:933< =A <3 8JJ6BFDJB CC<7AA/ >723;;J< /79//�>C@993767< D=7 ;C=2=ABC/ 7B7K7BJ 8/ C;>7=72CB6323:;JB 6/>>/<3D/B !FB93 CC<7 >=7A >JJ:BJ
�,/(.(,(-$-
�+*34"+,(12$+32
�.(,( -6(-
�$#$+,($- 3,/(.(,(-$-
�
���� !,' �'%�" �&�$(%���&&� ($ �!�&�&'� �, �� ,!$-
&<4=0B �4@C:0B $0=A8:0B "FB:4 ?>8A ?MM;BM = �� <8=CCBB80
"8@A8:0B �?@8:>>A8B '4@A8:0B "0@D808A4B "FB:4 ?>8A ?MM;BM = �� <8=CCBB80
&<4=078;;> 'MM@F=MB#CC<CB "FB:4 ?>8A ?MM;BM = �� <8=CCBB80
!C< :/A7>C@937AA/ /:9// ;C=2=ABC/ 9C>:7/� :/A93:J;>KB7:/ <=7< :J;>KB7://< � � L ��� G��D76/<<39A7AB/ @77>>C3< < ���L �� ;7<CCBB7/ !FB93A7BB3< CC<7 >=7A >JJ:BJ 8/ 9JFBJ 8J:97:J;>KJ
����""��&�' �* !,&&, ��!�&&, �'%�"
�&�$(%���&&� ($ �!�&�&'� �, �� ,!$-
"C@:CB P = �� <8=CCBB80
'C=09CC@4B = �� <8=CCBB80 = �� <8=CCBB80
(CCAC:00;8 = �� <8=CCBB80 = �� <8=CCBB80
'0DCB "FAAM:00;8 'C=0:00;8 = �� <8=CCBB80 = �� <8=CCBB80
�4@=44B = �� <8=CCBB80 = �� <8=CCBB80
I:J :/7B/ 9CC;7/ :/A7>C@9938/ 9F:;J::3 B/7 9=AB3/::3/:CAB/::3 $3 D=7D/B 6/:83B/
('"--$12$- 3,/(.(,(-$-
�"1(/30**($- /.(12",(-$-33-(12"
�
�*055+(",(#( $+(-2"04(**$(11"
�9@FF:7/;727/ AF<BFF 3B3<97< D/:;7AB3BB/3AA/9=@93/AA/ :J;>KB7:/AA/ D7:8/L 8/ >3@C</BC=BB37B/ 9CB3<>3@C</:/ABC8/� @/<A9/:/7A7/ >3@C<=7B/� >//6B=:37>JJ�AJ;>F:K7BJ� :37>JJ 8/ A=93@7:37>=;=BC=BB37B/ �939A38J�>7>/@9/99C8/� >799C:37>7J�
������', %(#�" ),�,��%** ��!���&�&'� )� !�&'�!�&�&'�
� ��&', '83M :F?A4==FA090B <073>;;8A8<<0= ;F7F8=M(CA:8AB0 @C>:0 :C;;0=:4;B08A4:A8 48 ;880= BC<<0:A8)CC@4B ?0:ACB 4;8=B0@D8::44B A8AM;BMDMB DM74<<M=0:@FF;80<8380
���&'�!�"�" .;MP�0;0;M<<O;;M :>@:48=B00= ����I� ��P:84@B>8;<0;;0 B08:84@B>8;<0;;0 :>@:48=B00= ���I�
'8::C;48DMB .;MP�0;0;M<<O;;M :>@:48=B00= ���I� ��P:84@B>8;<0;;0 B08:84@B>8;<0;;0 :>@:48=B00= ���I�$C=0 B08 <C=0=:4;BC08=4= DM74=BMM 0:@FF;80<838=<C>3>ABC<8AB0
(0=A:0;08A4B ?4@C=0B CC=8AA0 #4D8BM =4 B0A08A4AB8 48 ?MM;;4::M8= ?4;;8;;4 '08AB0 DM78=BMM=����6 ?4;B8M :>7B80 9>BB0 @0=A:0;08A4B ?4@C=0B 48DMB :C8DC
�(2*6 03."2 .4"2 *51$$116�
�
�$12"232 03."2
$J;J B/C:C9=B =< ://27BBC B/@9/ABCAD7@/<=;/7A7/D/@B3< 3@7:/7AB3< :/7BB3723< B3AB/C9A3< 63:>=BB/;7A39A7
$=@;7< �$��� ����� ;C9//<
!C< >/7AB/B 9/623::/ B/A=::/� BFK<<J CC<7>/<<C /7</:37D7<>3::7< F:J>C=:3::3!C< >/7AB/B 9=:;3::/ B/A=::/� BFK<<J CC<7>/<<C93A93::3
&C@A=B7<>799C:37DJB� (/;/</79/7A3AB7 CC<77< :/7B3BBC83<>3::7::7AB3< 37 B/@D7BA3 DJ:BBJ;JBBJ =::/ A/;/</79/7A3AB7D/:;77B/
!/<<3::7<3< =;3</>77@/99/ 9/623::/ B/A=::/�/A3B/ BC;;/B 7@B=>=68/DC=/B >JJ::399J7<!/<<3::7<3< =;3</>77@/99/ F623::J B/A=::/�/A3B/ BC;;/B 7@B=>=68/DC=/B :7;7BBJ7< D73@399J7<
+/:9=>3:B7A3B 7@B=>=68/DC=/B�>/7AB/ F:JL 8/ /:/:J;;K::J � F623::J B/A=::/ !JFBJ@7B7:J< A78//< CC<7>/<<C/ 8/ /A3B/ 7@B=>=68/DC=/B>/<<C::3
�(#�� ��� ��%(&'��' �� �&'��' ���&'#.
�#%��(&
�("�'#�.
!�"'#
�,!$-'� �
°�
�&'#
!�"((''��"�
'C@A>B8=?8::C;48DMB #48D8=?4;B8 � � ��P �� ��P��?
#48D8=?4;B8 � � ��P �� ��P��
+C=8?0==C � ;48D8=?4;B8
�� � ��P �� ��P��
+C=8?0==C � � ;48D8=?4;B8M
���� � ��P �� ��P��
'8::C;48DMB8;M 8
#48D8=?4;B8 � � ��P �� ��P��4A8;M<<8BFA +C=8?0==C �
;48D8=?4;B8�� � ��P �� ��P��
+C=8?0==C � � ;48D8=?4;B8M
���� � ��P �� ��P��
'8::C;48DMB #48D8=?4;B8 � � ��P �� ��P��
�"(12",(-$-
�(#�� ��� �&'#
!�"((''��"�
�,!$-'� �
°�
�("�'#�.
!�"'#
���&'#.
�#%��(&
��%(&'��' �� �&'��'
"0::C?>7904A8;M<<8BFA
@B>?>790DC>:0 @8B8;M;;M � � ��P �� ��P��
"0::C?>790 @B>?>790DC>:0 @8B8;M;;M � � ��P �� ��P��
'0==C?C;;0 +C=8?0==C � � ��P �� ��P��?
+C=8?0==C � � ��P �� ��P��
+C=8?0==C � ;48D8=?4;B8
�� � ��P �� ��P��
"0==4;;8=4=><4=0?88@0::0
(8B8;M � � 8@B>?>790DC>:00L����2<
� ��P� � ��P��
� @8B8;MM � � 8@B>?>790DC>:00L����2<
�� � ��P� � ��P��
!C< /A3B/B 3:7<B/@D79937B/ AC=@//< @7B7:J::3� BFK<<J:7AJ9A7 CC<7>/<<C 9=@93C23::3 � $3AB3 D/:CCCC<7>/<<CC< 8/ CC<7 >FAFF >C6B//;>/</
�(#�� ��� ��%(&'��' �� �&'��' ���&'#.
�#%��(&
�("�'#�.
!�"'#
%� �'��# �&'#
!�"((''��"�
'007B>;48DM=@CA:8AB0<8=4=4A8;M<<8BFA ��<8=CCBB80
(8B8;M � � � JP�
�4451C@64@ ��:?;�48�4A8;M<<8BFABM
(8B8;M � +C=8?0==C �� � � ��P��
� "MM==M :C= 090AB0 >= :C;C=CB ���
�0(++"31
�3.,"323*1("