<br />%WTPEMRXMJJVIGSKRM^IWIZIRYRHIVEWYFWXERXMEPIZMHIRGIVIZMI[^SRMRKHIGMWMSRWFEWIHSREIWXLIXMGGSRGIVRWGER <br />FIZEPMH7II7X'VSM\'SYRX]*HEX8VSYT'SYRX]*HEX8SHH*HEX4MRI+VSZI <br />8S[RWLMT*HEX%8 <br />*H <br /> <br />R <br />XL'MV <br />WIIEPWS,6'SRJ6ITEXVITVMRXIHMR97''%2EX <br /> <br />GSRXIQTPEXMRKXLEXPSGEPMXMIWTVSTIVP]GERFEWIHIGMWMSRSREIWXLIXMGMQTEGX <br />4PEMRXMJJHSIWRSXGMXIERHXLIGSYVX <br />GSYPHRSXJMRHER]EYXLSVMX]LSPHMRKXLEXXLI8'%VIRHIVWEIWXLIXMGGSRGIVRWERMRZEPMHFEWMWYTSR[LMGLXSFEWIE <br />TIVQMXHIRMEP%WWYQQEVM^IHF]XLI7IZIRXL'MVGYMX?RASXLMRKMRXLI8IPIGSQQYRMGEXMSRW%GXJSVFMHWPSGEP <br />EYXLSVMXMIWJVSQETTP]MRKKIRIVEPERHRSRHMWGVMQMREXSV]WXERHEVHWHIVMZIHJVSQXLIMV^SRMRKGSHIWERHEIWXLIXMG <br />LEVQSR]MWETVSQMRIRXKSEPYRHIVP]MRKEPQSWXIZIV]WYGLGSHI%IKIVXIVZ'MX]SJ(IPEJMIPH*H <br /> <br />XL'MV <br />1SVISZIVGSRWMWXIRX[MXLXVEHMXMSREP^SRMRKWXERHEVHWPSGEPKSZIVRQIRXMWIRXMXPIHXSQEOIER <br />EIWXLIXMGNYHKQIRXEFSYXXLITVSTSWEP[MXLSYXNYWXMJ]MRKXLEXNYHKQIRXF]VIJIVIRGIXSERIGSRSQMGSVSXLIV <br />UYERXMJMEFPIMQTEGXWYGLEWTVSTIVX]ZEPYI8SHH*HEX:SMGI7XVIEQ <br /> <br /> <br /> <br />&YXIZIRYRHIVXLI8'%XLIFSEVHMWIRXMXPIHXSQEOIEREIWXLIXMGNYHKQIRXEWPSRKEWXLINYHKQIRXMW <br />KVSYRHIHMRXLIWTIGMJMGWSJXLIGEWIERHHSIWRSXIZMRGIQIVIP]EREIWXLIXMGSTTSWMXMSRXSGIPPTLSRIXS[IVWMR <br />KIRIVEP8SHH*HEXWIIEPWS4IXIVWFYVK'IPPYPEV4 WLMTZ&HSJ7YTIVZMWSVWSJ2SXXS[E]'SYRX] <br />*H <br />XL'MV <br /> <br />?-JE^SRMRKFSEVHAHIRMIWETIVQMXFEWIHSRXLIVIEWSREFP]JSYRHIHGSRGIVRWSJXLI <br />GSQQYRMX]XLIRYRHSYFXIHP]XLIVIMWDWYFWXERXMEPIZMHIRGI  <br />IQTLEWMWMRSVMKMREP <br /> <br />%GGSVHMRKP][LIRXLI <br />IZMHIRGIWTIGMJMGEPP]JSGYWIWSRXLIEHZIVWIZMWYEPMQTEGXSJXLIXS[IVEXXLITEVXMGYPEVPSGEXMSREXMWWYIQSVIXLERE <br />QIVIWGMRXMPPESJIZMHIRGIKIRIVEPP][MPPI\MWX:SMGI7XVIEQ <br /> <br /> <br />7YTTSVXIHF]2MRXL'MVGYMX1IXVS4'7Z'MX]ERH'SYRX]SJ7ER*VERGMWGSEX <br /> <br />09&%2SVXLKVIIRTEKIWzERH09&%2SVXLKVIIRVIQERHIWXEFPMWLIWXLIVEXMSREPIMRHIXIVQMRMRK1IXVS <br />4PERTSPMG] <br />) <br />QYWXFIWITEVEXIP]EHHVIWWIHF]XLIGMX] <br /> <br />3XLIVXLERETTVS\MQEXITPEGIQIRXSJXLIXS[IVMRXLITLSXS[IHSRSXEWWYVIXLMWuXVIIvMWEREGGYVEXI <br />VITVIWIRXEXMSRSJXLIQSRSTMRI7II'SQQIRX%8 <br />81MWVITVIWIRXEXMSRSJ%TTIEVERGIERH0SGEXMSR7IIEPWS <br />'SQQIRX'17)\TIVX6IZMI[*2VIKEVHMRKWXEJJGSRGIVRWVIKEVHMRKTLSXSW <br /> <br />8LIETTPMGEFPITPERTSPMG]JSVXLI6IWX,EZIRTVSTSWEP[EW)' <br /> <br />I <br />SJXLI7SYXL,MPPW7XYH]8LI6IWX <br />,EZIR,3SJXIRYWIWXLIPERKYEKISJXLEXTVSZMWMSR,S[IZIV[I[SYPHEVKYIXLEXEHIZIPSTQIRXXLEXHMHRSX <br />FPIRHMRFYXHSQMREXIHXLIREXYVEPGLEVEGXIVMWXMGWSJXLI%QE^SR'SVVMHSV[SYPHRSXFIGSQTEXMFPI[MXLXLMW <br />RIMKLFSVLSSHWSXLIPERKYEKIMWETTVSTVMEXIERHMRXIVGLERKIEFPI <br /> <br /> <br />'SYTPIH[MXLXLIGMX] WEIWXLIXMGNYHKQIRXMWXLIJEGXXLITVSTSWIHXS[IV[SYPHRSXJMPPEGSQTPIXIZSMHMR <br />GSZIVEKIFYXMRWXIEH[SYPHSRP]MQTVSZIMRHSSVSVMRTPEMRXMJJ WXIVQYVFERGSZIVEKI6WII4PEMRXMJJ W6ITP] <br />1IQSVERHYQEX-RHIXIVQMRMRK[LIXLIVXLIXS[IV[SYPHFIMRXLITYFPMGMRXIVIWXXLIGMX][EW[MXLMRMXW <br />EYXLSVMX]XS[IMKLXLIFIRIJMXSJQIVIP]MQTVSZMRKXLII\MWXMRKGSZIVEKIEKEMRWXXLIRIKEXMZIEIWXLIXMGMQTEGXXLI <br />XS[IV[SYPHGEYWI7IIIK'MX]SJ1IUYSR*HEX <br />%VIEWSREFPIHIGMWMSR[LIXLIVXSETTVSZIXLI <br />GSRWXVYGXMSRSJERERXIRREJSVGIPPTLSRIGSQQYRMGEXMSRWVIUYMVIWFEPERGMRKX[SGSRWMHIVEXMSRW8LIJMVWXMWXLI <br />GSRXVMFYXMSRXLEXXLIERXIRRE[MPPQEOIXSXLIEZEMPEFMPMX]SJGIPPTLSRIWIVZMGIW8LIWIGSRHMWXLIEIWXLIXMGSVSXLIV <br />LEVQXLEXXLIERXIRRE[MPPGEYWI <br />7YGLETSPMG]FEWIHHIGMWMSRMWTVIGMWIP]XLIX]TISJHIGMWMSR'SRKVIWWPIJXXS <br />PSGEP^SRMRKFSEVHW <br />TEKI <br />:SMGI7XVIEQ7YFWXERXMEP)ZMHIRGI <br /> <br />GSRXMRYIH <br /> <br />&)JJIGXMZI4VSLMFMXMSR <br />4PEMRXMJJJYVXLIVEVKYIWXLIGMX] WHIRMEPIJJIGXMZIP]TVSLMFMXW[MVIPIWWWIVZMGIW4PEMRXMJJWTIGMJMGEPP]EVKYIWXLEX <br />FIGEYWIXLIGMX] WHIRMEP[EWFEWIHSRKIRIVEPEIWXLIXMGGSRGIVRWRSXS[IVGSYPHTEWWXLIGMX] WVIZMI[WMRGIRSSRI <br />[SYPHTVEMWIXLIEIWXLIXMGZMVXYISJEGIPPTLSRIXS[IV7II4PEMRXMJJ W4VI,IEVMRK1IQSVERHYQEX <br /> <br /> <br />8LI8'%TIVQMXWEJIHIVEPGSYVXXSSZIVXYVREPSGEPKSZIVRQIRX W^SRMRKHIGMWMSR[LIRXLIHIGMWMSRLEWXLI <br />IJJIGXSJTVSLMFMXMRKXLITVSZMWMSRSJTIVWSREP[MVIPIWWWIVZMGIW97'‹ <br />G <br /> <br /> <br /> <br />& <br /> <br />M <br />9RPMOIXLI <br />WYFWXERXMEPIZMHIRGIMRUYMV]EHMWXVMGXGSYVXVIZMI[WXLIVIGSVHHIRSZSXSHIXIVQMRI[LIXLIVMXWYTTSVXWERIJJIGXMZI <br />TVSLMFMXMSRGPEMQ7X'VSM\*HEX2EX P8S[IV00'Z4PEMRZMPPI>SRMRK&HSJ%TTIEPW*H <br /> <br />WX'MV <br /> <br /> <br /> <br />1SWXGEWIWLEZILIPHXLEXEWMRKPI^SRMRKHIGMWMSRGERKMZIVMWIXSERIJJIGXMZITVSLMFMXMSRSJ[MVIPIWWWIVZMGIW <br />7IIIK7IGSRH+IRIVEXMSR4VSTW04Z8S[RSJ4IPLEQ*H <br />WX'MV <br /> <br />GMXMRK8S[RSJ <br />%QLIVWXZ3QRMTSMRX'SQQYRMGEXMSRW)RXIVW-RG*H <br />WX'MV <br /> <br />%484MXXWFYVKL04Z4IRR <br />8S[RWLMT&YXPIV'SYRX]SJ4E*H <br />H'MV <br />1IXVS4'7-RG*7YTTHEX <br /> <br />