0YGEW8LI%VXSJ4YFPMG
7TIEOMRK8IRXL)HMXMSR
(IPMZIV] 8I\X 8LI1G+VE[n,MPP
'SQTERMIW
',%48)6 ()0-:)6=
:IV]PMOIP]]SYQEHIEQMWXEOISREXPIEWXSRIJSVXLI]EVIEQSRKXLIQSWX
JVIUYIRXP]QMWTVSRSYRGIH[SVHWMRXLI)RKPMWLPERKYEKI0IXtWWII
;SVH'SQQSR)VVSV 'SVVIGX4VSRYRGMEXMSR
KIRYMRI KIRY[MRI KIRY[MR
EVGXMGEVXMG EVGXMG
XLIEXIV XLIIEXIIV XLIIEXIV
IVV EMV YV
RYGPIEVRYGYPEV RYGPIEV
*IFVYEV]*IFYEV] *IFVYEV]
)ZIV][SVHPIEHWEXVMTPIPMJIMXMWVIEH[VMXXIRERHWTSOIR1SWXTISTPI
VIGSKRM^IERHYRHIVWXERHQER]QSVI[SVHWMRVIEHMRKXLERXLI]YWIMRSVHM
REV][VMXMRKERHEFSYXXLVIIXMQIWEWQER]EWSGGYVMRWTSRXERISYWWTIIGL
8LMWMW[L][ISGGEWMSREPP]WXYQFPI[LIRWTIEOMRK[SVHWXLEXEVITEVXSJSYV
VIEHMRKSV[VMXMRKZSGEFYPEVMIW-RSXLIVGEWIW[IQE]QMWTVSRSYRGIXLIQSWX
GSQQSRTPEGI[SVHWSYXSJLEFMX
8LITVSFPIQMWXLEX[IYWYEPP]HSRtXORS[[LIR[IEVIQMWTVSRSYRGMRKE
[SVH-J[IEVIPYGO][IPIEVRXLIVMKLXTVSRYRGMEXMSRF]LIEVMRKWSQISRI
IPWIWE]XLI[SVHTVSTIVP]SVF]LEZMRKWSQISRIKIRXP]GSVVIGXYWMRTVMZEXI
-J[IEVIYRPYGO][IQMWTVSRSYRGIXLI[SVHMRJVSRXSJEVSSQJYPSJTISTPI
[LSQE]VEMWIXLIMVI]IFVS[WKVSERSVPEYKL
%PPSJXLMWEVKYIWJSVTVEGXMGMRK]SYVWTIIGLMRJVSRXSJEWQER]XVYWXIH
JVMIRHWERHVIPEXMZIWEW]SYGERGSVRIV-J]SYLEZIER]HSYFXWEFSYXXLI
TVSTIVTVSRYRGMEXMSRSJGIVXEMR[SVHWFIWYVIXSGLIGOEHMGXMSREV]
%68-'90%8-32
%VXMGYPEXMSRERHTVSRYRGMEXMSREVIRSXMHIRXMGEP7PSTT]EVXMGYPEXMSRMWXLI
JEMPYVIXSJSVQTEVXMGYPEVWTIIGLWSYRHWGVMWTP]ERHHMWXMRGXP]-XMWSRISJWIZ
IVEPGEYWIWSJQMWTVSRYRGMEXMSRFYX]SYGEREVXMGYPEXIE[SVHWLEVTP]ERHWXMPP
QMWTVSRSYRGIMX*SVI\EQTPIMJ]SYWE]XLIqWrMRq-PPMRSMWrSVXLIqTrMR
qTRIYQSRMEr]SYEVIQEOMRKEQMWXEOIMRTVSRYRGMEXMSRVIKEVHPIWWSJLS[
TVIGMWIP]]SYEVXMGYPEXIXLIWSYRHW
1SWXSJXLIXMQITSSVEVXMGYPEXMSRMWGEYWIHF]PE^MRIWWhF]JEMPMRKXS
QERMTYPEXIXLIPMTWXSRKYINE[ERHWSJXTEPEXIWSEWXSTVSHYGIWTIIGL
-RXIVRIX
'SRRIGXMSR
[[[GSRRIGXPYGEWGSQ
(S]SY[ERXXSPIEVRQSVIEFSYXWTIIGLHIPMZIV]#4IVLETWKEMREHHMXMSREPI\TIVM
IRGIEJXIV]SYVWTIIGLGPEWWMWSZIV#=SYGERHSFSXLF]NSMRMRKERSVKERM^EXMSR
WYGLEW8SEWXQEWXIVW-RXIVREXMSREP[LMGLLEWQSVIXLERQIQFIVWERH
GPYFWMRGSYRXVMIWEVSYRHXLI[SVPH*SVMRJSVQEXMSREFSYX8SEWXQEWXIVW
PSKSRXSMXW;IFWMXIEX[[[XSEWXQEWXIVWSVK
-J]SYEVIERSRREXMZIWTIEOIVSJ)RKPMWLERH[ERXXS[SVOSR]SYVWOMPPWSJ
WTSOIR)RKPMWL]SY[MPPJMRHERYQFIVSJI\GIPPIRXVIWSYVGIWEXXLI)RKPMWLEWE
7IGSRH0ERKYEKIWXYHIRX;IFWMXILXXTS[PIRKPMWLTYVHYIIHYLERHSYXW
IWPIWPWXYHIRXLXQP
EVXMGYPEXMSR
8LITL]WMGEPTVSHYGXMSRSJ
TEVXMGYPEVWTIIGLWSYRHW