'>D8<6)19)E48936949<6)49>)<4=6
"48936949<6)F)/4=6
e3+=79>@,I+O,@-?9-,->9+@=+-9>9==,GN2+/I9,-@-8+?K9
>,P@-9?\=+=HGE,>9=+J@?K+,+.,O7+>I3?K+J@II+=HEE@>92+e9S9G+H=9
>I9,-9G=+3G+>K9O@>,I=2
'G1;3)A11>)06966=)+898?H6?
AN-,H.@3+=79,L9G+>,P@-9?=+,G9+E@-@=K9.+J@?K+?K9+K@8K9=?
QH,I@?N+G9,I+J33.+S9-99G=2+1=+J@?K+O,-N+-,?HG,I+7G3.H>?=;
J33.+E@-@=K+O,N+>K,-89+>3I3G+3S9G+?@O9;+7,G?@>HI,GIN+@E
9V73=9.+?3+PG@8K?+=H-I@8K?2+
b
/6=38I8<436)$I)/19I1=E83J
M/+6I9>?G3-@>+1B0;+0@-.,I=S9a+54;+)$4"+<@==L3S;
A9-O,GL;+K9G9PN+.9>I,G9=+3-+3J-+G9=73-=@P@I@?N+?K,?
E3II3J@-8+7G3.H>?=c+
K"LM*)49>)K"LN*
#+?K,?+,G9+>3S9G9.+PN+?K@=+>9G?@E@>,?9+,-.+O,GL9.+J@?K
/6#I,P9I+>3-E3GO=+J@?K+E3II3J@-8+=?,-.,G.=c
6e+D""D% 0,E9?N+G9QH@G9O9-?=+E3G+O,@-=+
W:6/+D""D%X+ 379G,?9.+9I9>?G3-@>+,-.+G9I,?9.+
,77,G,?H=+E3G+K3H=9K3I.+,-.+=@O@I,G+
89-9G,I+H=9
6e+%%!"5#!+ ^G3.H>?+E,O@IN+=?,-.,G.+E3G+,H.@3;
S@.93;+,H.@3#S@=H,I+,-.+9-?9G?,@-O9-?
I@8K?@-8+>3-?G3I+,77,G,?H=+E3G
7G3E9==@3-,I+H=92+^,G?+!c+6O@==@3-2
6e+%%!"5#$ ^G3.H>?+E,O@IN+=?,-.,G.+E3G+,H.@3;
S@.93;+,H.@3#S@=H,I+,-.+9-?9G?,@-O9-?
I@8K?@-8+>3-?G3I+,77,G,?H=+E3G
7G3E9==@3-,I+H=92+^,G?+$c+:OOH-@?N2+
`@?K+G9E9G9->9+?3+G98HI,?@3-=+@-+E3II3J@-8+.@G9>?@S9=c
*5B$5B66/;+)FB55DB66/
:==H9.+@-+<@==L3S;+17G@I+$""4
f,.=+^9?9G+(gP9>L
/K@9E+6V9>H?@S9+_EE@>9G
!"#$%&'(&)*'+,&- !(*&%./&!$(*
MK@=+9QH@7O9-?+K,=+P99-+?9=?9.+,-.+E3H-.+?3+>3O7IN+J@?K+?K9+I@O@?=+E3G+,+/I,==+C+A@8@?,I+.9S@>9;+7HG=H,-?+?3+7,G?+!%+3E+?K9+[//+GHI9=2+
MK9=9+I@O@?=+,G9+.9=@8-9.+?3+7G3S@.9+G9,=3-,PI9+7G3?9>?@3-+,8,@-=?+K,GOEHI+@-?9GE9G9->9+@-+G9=@.9-?@,I+@-=?,II,?@3-=2+MK@=+9QH@7O9-?+
89-9G,?9=;+H=9=+,-.+>,-+G,.@,?9+G,.@3+EG9QH9->N+9-9G8N+,-.;+@E+-3?+@-=?,II9.+,-.+H=9.+@-+,>>3G.,->9+J@?K+?K9+@-=?GH>?@3-=;+O,N+>,H=9+K,GOEHI+@-?9G#
E9G9->9+?3+G,.@3+>3OOH-@>,?@3-=2+Z3J9S9G;+?K9G9+@=+-3+8H,G,-?99+?K,?+@-?9GE9G9->9+J@II+-3?+3>>HG+@-+,+7,G?@>HI,G+@-=?,II,?@3-2+
:E+?K@=+9QH@7O9-?+.39=+>,H=9+K,GOEHI+@-?9GE9G9->9+?3+G,.@3+3G+?9I9S@=@3-+G9>97?@3-;+JK@>K+>,-+P9+.9?9GO@-9.+PN+?HG-@-8+?K9+9QH@7O9-?+3EE+,-.+3-2
MK9+H=9G+@=+9->3HG,89.+?3+?GN+?3+>3GG9>?+?K9+@-?9GE9G9->9+PN+3-9+3G+O3G9+3E+?K9+E3II3J@-8+O9,=HG9=c
b <93G@9-?+3G+G9I3>,?9+?K9+G9>9@S@-8+,-?9--,2
b :->G9,=9+?K9+=97,G,?@3-+P9?J99-+?K9+9QH@7O9-?+,-.+G9>9@S9G2
b /3--9>?+?K9+9QH@7O9-?+@-?3+,-+3H?I9?+3-+,+>@G>H@?+.@EE9G9-?+EG3O+?K,?+?3+JK@>K+?K9+G9>9@S9G+@=+>3--9>?9.2
b /3-=HI?+?K9+.9,I9G+3G+,-+9V79G@9->9.+G,.@3BM&+?9>K-@>@,-+E3G+K9I72
/4;3819C
d3H+,G9+>,H?@3-9.+?K,?+,-N+>K,-89+3G+O3.@E@>,?@3-=+-3?+9V7G9==IN+,77G3S9.+@-+?K@=+O,-H,I+>3HI.+S3@.+N3HG+,H?K3G@?N+?3+379G,?9+?K@=+9QH@7O9-?2
+1=)3H6)<;?31E6=?)89)/494>4C
MK@=+/I,==+C+A@8@?,I+,77,G,?H=+O99?=+,II+G9QH@G9O9-?=+3E+?K9+/,-,.@,-+:-?9GE9G9->9#/,H=@-8+6QH@7O9-?+<98HI,?@3-=+:/60#""52
/9?+,77,G9@I+-HOhG@QH9+.9+I,+>I,==9+C+G9=79>?9+?3H?9=+I9=+9V@89->9=+.H+<h8I9O9-?+=HG+I9+O,?hG@9I+PG3H@II9HG+.H+/,-,.,2
MK@=+/I,==+C+.@8@?,I+,77,G,?H=+>3O7I@9=+J@?K+/,-,.@,- :/60#""52+/9?+,77,G9@I+-HOhG@QH9+.9+I,+>I,==9+C+9=?+>3-E3GO9+i+I,+-3GO9+efC#""5+.H+/,-,.,2