0YGEW8LI%VXSJ4YFPMG
7TIEOMRK8IRXL)HMXMSR
7IPIGXMRKE8STMGERHE
4YVTSWI
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ZEGEXMSRIVWMRGPYHMRKE[EVQGPMQEXII\GIPPIRXJSSHERH
I\XIRWMZI1E]ERVYMRW
2SXMGIXLEXMREPPXLIWII\EQTPIWXLIQSVIIJJIGXMZIGIRXVEPMHIEWYQWYTXLI
QEMRTSMRXWSJXLIWTIIGLMREWMRKPIWIRXIRGI-J]SYEVILEZMRKXVSYFPITLVEW
MRK]SYVGIRXVEPMHIEXLIVIEWSRQE]FIXLEX]SYHSRSX]IXLEZIEJMVQKVEWT
SRXLIQEMRTSMRXWSJ]SYVWTIIGL(SRSX[SVV]XSSQYGLEFSYX]SYVGIRXVEP
MHIEYRXMPEJXIV]SYLEZIHIZIPSTIHXLIFSH]SJ]SYVWTIIGLWII'LETXIV
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EXXLEXTSMRX]SYWXMPPGERtXGSQIYT[MXLEGPIEVGSRGMWIGIRXVEPMHIE]SYV
WTIIGLMXWIPJQE]RSXFIGPIEVSVGSRGMWI/IIT[SVOMRKSRXLIWTIIGLYRXMP]SY
GERGSQTSWIEGIRXVEPMHIEXLEXJMXWXLIGVMXIVMENYWXHMWGYWWIH8LIVIWYPX[MPPFI
EWLEVTIVGIRXVEPMHIEERHEXMKLXIVQSVIGSLIVIRXWTIIGL
8LIJMVWXWXITMRWTIIGLQEOMRKMWGLSSWMRKEXSTMGSVGPEWWVSSQWTIIGLIW]SYGER
GLSSWIEWYFNIGX]SYORS[[IPPSVSRI]SYVIWIEVGLIWTIGMEPP]JSVXLIWTIIGL-J]SY
LEZIXVSYFPITMGOMRKEXSTMG]SYGERYWISRISJJSYVFVEMRWXSVQMRKTVSGIHYVIWMVWX
QEOIERMRZIRXSV]SJ]SYVLSFFMIWMRXIVIWXWWOMPPWFIPMIJWERHWSJSVXL7IGSRHYWI
GPYWXIVMRKXSPMWXXLIJMVWXXSTMGWXLEXGSQIXSQMRHMRWIZIVEPGEXIKSVMIW8LMVHGLIGO
EVIJIVIRGI[SVOJSVMHIEW*SYVXLYWIER-RXIVRIXWYFNIGXHMVIGXSV]XSLIPT]SYWGER
TSWWMFPIXSTMGW
8LIKIRIVEPTYVTSWISJ]SYVWTIIGL[MPPYWYEPP]FIXSMRJSVQSVXSTIVWYEHI
;LIR]SYVKIRIVEPTYVTSWIMWXSMRJSVQ]SYVKSEPMWXSGSQQYRMGEXIMRJSVQEXMSR
GPIEVP]EGGYVEXIP]ERHMRXIVIWXMRKP];LIR]SYVKIRIVEPTYVTSWIMWXSTIVWYEHI
]SYVKSEPMWXS[MRPMWXIRIVWSZIVXS]SYVTSMRXSJZMI[
3RGI]SYORS[]SYVXSTMGERHKIRIVEPTYVTSWI]SYQYWXJSGYWSREWTIGMJMG
TYVTSWIWXEXIQIRXXLEXMRHMGEXIWTVIGMWIP][LEX]SYVWTIIGLWIIOWXSEGLMIZI8LI
WTIGMJMGTYVTSWIWXEXIQIRXWLSYPH
FIEJYPPMRJMRMXMZITLVEWI
FI[SVHIHEWE
WXEXIQIRXRSXEUYIWXMSR
EZSMHJMKYVEXMZIPERKYEKI
GSRGIRXVEXISRSRI
HMWXMRGXMHIE
RSXFIZEKYISVKIRIVEP
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(SIWQ]TYVTSWIQIIXXLIEWWMKRQIRX#'ER-EGGSQTPMWLQ]TYVTSWIMRXLIXMQI
EPPSXXIH#-WXLITYVTSWIVIPIZERXXSQ]EYHMIRGI#-WXLITYVTSWIXSSXVMZMEPSVXSS
XIGLRMGEPJSVQ]EYHMIRGI#
8LIGIRXVEPMHIEVIJMRIWERHWLEVTIRW]SYVWTIGMJMGTYVTSWI-XMWEGSRGMWIWXEXI
QIRXSJ[LEX]SY[MPPWE]MR]SYVWTIIGLERHMXYWYEPP]GV]WXEPPM^IWMR]SYVXLMROMRK
EJXIV]SYLEZIHSRI]SYVVIWIEVGLERHLEZIHIGMHIHSRXLIQEMRTSMRXWSJ]SYV
WTIIGL8LIGIRXVEPMHIEYWYEPP]IRGETWYPEXIWXLIQEMRTSMRXWXSFIHIZIPSTIHMRXLI
FSH]SJ]SYVWTIIGL
7911%6=
XSTMG
FVEMRWXSVQMRK
KIRIVEPTYVTSWI
WTIGMJMGTYVTSWI
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