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HIKVEHEXMSRERHVIWMHYEPWXVIRKXLMREGGSVHERGI[MXL7IGXMSRSJ%7')7)-
k;LIVIQSVIXLERSRISJXLI'SRHMXMSRWMMMMMMERHMZSGGYVJSVEKMZIRGSQTSRIRXYWIXLIQMRMQYQETTVSTVMEXIRYQIVMGEPZEPYIJVSQXLIXEFPI
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LMRKIVIKMSRLSSTWEVIWTEGIHEX HERHMJJSVGSQTSRIRXWSJQSHIVEXIERHLMKLHYGXMPMX]HIQERHXLIWXVIRKXLTVSZMHIHF]XLILSSTW :W MWEXPIEWXSJXLIHIWMKRWLIEV
3XLIV[MWIXLIXVERWZIVWIVIMRJSVGIQIRXMWGSRWMHIVIHRSRGSRJSVQMRK
``:MWXLIHIWMKRWLIEVJSVGIJVSQ274SV2(4
2SXI JG MRTWM 14E YRMXW

' 0MRIEV WXEXMG ERH H]REQMG TVSGIHYVIW{ QSHIPMRK TEVEQIXIVW JSV FIEQW GSPYQRW ERH FIEQGSPYQR
:EVMSYWETTVSEGLIWXSI\TPMGMXP]QSHIPFIEQGSPYQRNSMRXW NSMRXWEVITVSZMHIHMR8EFPIWERHVIWTIGXMZIP]
EVIEZEMPEFPIMRXLIPMXIVEXYVI )P1IX[EPP]ERH'LIR &IEQWERHGSPYQRWWLSYPHFIQSHIPIHYWMRKGSRGIRXVEXIH
+LSFEVELERH&MHHEL7LMRERH0E*EZI1MXVE SV HMWXVMFYXIH TPEWXMG LMRKI QSHIPW 3XLIV QSHIPW [LSWI
ERH 0S[IW   *SV WMQTPMGMX] MQTPIQIRXEXMSR MR FILEZMSV VITVIWIRXW XLI FILEZMSV SJ VIMRJSVGIH GSRGVIXI
GSQQIVGMEPWXVYGXYVEPEREP]WMWWSJX[EVIERHEKVIIQIRX[MXL FIEQERH GSPYQR GSQTSRIRXW WYFNIGXIHXS PEXIVEPPSEHMRK
GEPMFVEXMSR WXYHMIW TIVJSVQIH MR XLI HIZIPSTQIRX SJ %'- EVI EGGITXEFPI 8LI FIEQ ERH GSPYQR QSHIP WLSYPH FI
6 XLMW WIGXMSR HIJMRIW ER MQTPMGMX FIEQGSPYQR NSMRX GETEFPISJVITVIWIRXMRKMRIPEWXMGVIWTSRWIEPSRKXLIGSQTSRIRX
QSHIPMRKXIGLRMUYIYWMRKGIRXIVPMRIQSHIPW[MXLWIQMVMKMH PIRKXLI\GITX[LIVIMXMWWLS[RF]IUYMPMFVMYQXLEX]MIPHMRK
MW VIWXVMGXIH XS XLI GSQTSRIRX IRHW ;LIVI RSRPMRIEV
NSMRXSJJWIXW*MKYVIWLS[WERI\EQTPISJERI\TPMGMXNSMRX
VIWTSRWIMWI\TIGXIHMREQSHISXLIVXLERJPI\YVIXLIQSHIP
QSHIPERHMPPYWXVEXIWXLIMQTPMGMXNSMRXQSHIPMRKETTVSEGL-R
WLSYPHFIIWXEFPMWLIHXSVITVIWIRXWYGLIJJIGXW
XLIMQTPMGMXNSMRXQSHIPSRP]ETSVXMSRSJXLIFIEQERHGSPYQR
1SRSXSRMG PSEHHIJSVQEXMSR VIPEXMSRW GSMRGMHI [MXL XLI
SVFSXL[MXLMRXLIKISQIXVMGNSMRXVIKMSRMWHIJMRIHEWVMKMH-R
KIRIVEPM^IH PSEHHIJSVQEXMSR VIPEXMSR WLS[R MR *MK 
X]TMGEPGSQQIVGMEPWSJX[EVITEGOEKIWXLMWTSVXMSRGERVERKI [MXL XLI I\GITXMSR XLEX HMJJIVIRX VIPEXMSRW EVI EGGITXEFPI
JVSQMR[LMGLGEWIXLIQSHIPMWEXVYIGIRXIVPMRIQSHIPXS [LIVIZIVMJMIHF]I\TIVMQIRXW8LISZIVEPPPSEHHIJSVQEXMSR
[LIVIXLIIRXMVINSMRXVIKMSRMWVMKMH*YVXLIVGSQQIRXEV] VIPEXMSRWLSYPHFIIWXEFPMWLIHWSXLEXQE\MQYQVIWMWXERGIMW
MW TVSZMHIH MR 7IGXMSR ' ERH FEGOKVSYRH QEXIVMEP MW GSRWMWXIRX [MXL XLI HIWMKR WXVIRKXL WTIGMJMGEXMSRW SJ
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*MK{&IEQGSPYQRNSMRXQSHIPMRK RSXILEXGLIHTSVXMSRWMRHMGEXIVMKMHIPIQIRX 

KIRIVEPM^IH HIJSVQEXMSR MW WLIEV WXVEMR :EPYIW SJ XLI WSQIGSPYQRW[MXL:T:S EWWLIEVJEMPYVIWEPXLSYKL
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JVSQ I\TIVMQIRXW SV VEXMSREP EREP]WIW ERH WLSYPH XEOI MRXS [MWIGSPYQRW[MXL :T:S QE]MRJEGXI\TIVMIRGI
EGGSYRXXLIMRXIVEGXMSRWFIX[IIRJPI\YVIE\MEPPSEHERHWLIEV JPI\YVEPJEMPYVIW [MXLSYXWLIEVHIKVEHEXMSR FYXLEZIFIIR
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MM SV MMM MR 8EFPI   EVI GPEWWMJMIH FEWIH SR :S )U   JEMPYVIWXSIRWYVIGSPYQRWEVIRSXIVVSRISYWP]GPEWWMJMIHMR
7IGXMSR  YWMRK I\TIGXIH QEXIVMEP TVSTIVXMIW  XLI EFIXXIVTIVJSVQMRKGEXIKSV])\TIVMQIRXEPIZMHIRGIQE]FI
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VIMRJSVGIQIRXHIXEMPMRKEWWLS[RMR8EFPI 8LIEGGITXERGIGVMXIVMEMR8EFPIEVIHIXIVQMRIHFEWIH
' 2SRPMRIEV WXEXMG TVSGIHYVI{8LI QSHIPMRK SRXLIQSHIPMRKTEVEQIXIVWwExERHwFxERHXLIVIUYMVI
TEVEQIXIVW ERH EGGITXERGI GVMXIVME WTIGMJMIH MR 8EFPI 
QIRXWSJ%7')7)-'LETXIV8LIQSHIPMRKTEVEQI
VIJPIGXVIWYPXWJVSQVIGIRXVIWIEVGLSRVIMRJSVGIHGSRGVIXI
XIVWMR8EFPIHIJMRIXLITPEWXMGVSXEXMSRWEGGSVHMRKXS*MK
GSPYQRW6IJIVXS)P[SSHIXEP  JSVEHIXEMPIHHIWGVMTXMSR
%WWLS[RMR*MKQSHIPMRKTEVEQIXIVwExTVSZMHIW
SJXLIHIVMZEXMSRSJXLMWXEFPI7IGXMSRERH8EFPI
XLI TPEWXMG VSXEXMSR EX WMKRMJMGERX PSWW SJ PEXIVEP PSEH
TVSZMHIXLIGVMXIVMEXSHIXIVQMRI[LMGLGSRHMXMSRMR8EFPI
GETEGMX]*SVXLITYVTSWIWSJHIXIVQMRMRKwExZEPYIWFEWIH
WLSYPH FI YWIH XS WIPIGX XLI QSHIPMRK TEVEQIXIVW ERH
EGGITXERGI GVMXIVME *SV GSPYQRW [MXL XVERWZIVWI VIMRJSVGI SR XIWX HEXE MX [EW EWWYQIH XLEX XLMW TSMRX VITVIWIRXIH E
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e 'SRHMXMSRMMM7LIEVJEMPYVI GSPYQRWI\TIGXIHXSI\TIVMIRGIWLIEVJEMPYVIWIMXLIVFIJSVI
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:MWXLIHIWMKRWLIEVJSVGIJVSQ274SV2(4
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8EFPI{8VERWZIVWIVIMRJSVGIQIRXHIXEMPW *SVERETTVSTVMEXIIWXMQEXISJXLIHIJSVQEXMSRGETEGMXMIW
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HIXEMPW[MXL [MXLHIKVII XVERWZIVWI XLVIIZEVMEFPIWMRER]SVHIV
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8SUYEPMJ]JSV'SRHMXMSRMEGSPYQRWLSYPHLEZI%Z F[W ERHWH [MXLMR
JPI\YVEPTPEWXMGLMRKIVIKMSR3XLIV[MWIXLIGSPYQRMWEWWMKRIHXS'SRHMXMSRMM EGLMIZIELMKLPIZIPSJWEJIX]{TVSFEFMPMX]SJJEMPYVI4JPIWW
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8EFPI{1SHIPMRKTEVEQIXIVWERHRYQIVMGEPEGGITXERGIGVMXIVMEJSVRSRPMRIEVTVSGIHYVIW{
VIMRJSVGIHGSRGVIXIFIEQGSPYQRNSMRXW
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R

XLER  {JSV GSPYQRW XLEX QE] I\TIVMIRGI WLIEV JEMPYVIW FIKVIEXIVXLERXLSWIJSVJPI\YVIWLIEVGSPYQRW 1IPIOERH
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%WWYQMRKEPSKRSVQEPHMWXVMFYXMSRJSV
TQIEW TGEPG 

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GSPYQR KMZIR E TPEWXMG VSXEXMSR HIQERH IUYEP XS T 8LI
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KVSYRHQSXMSRMWQYGLPS[IVXLER4J 
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VIGXERKYPEVGSPYQRWWYFNIGXIHXSYRMHMVIGXMSREPPEXIVEPPSEHW
TEVEPPIPXSSRIJEGISJXLIGSPYQR%GXYEPGSPYQRWLEZIGSRJMK
YVEXMSRWERHPSEHMRKWXLEXHMJJIVJVSQXLSWIYWIHMRXLIGSPYQRW
HEXEFEWIEHHMXMSREPWGEXXIVMRVIWYPXWXLIVIJSVIQE]FIERXMG
MTEXIH 2SXI XLEX FMHMVIGXMSREP PSEHMRK SR GSVRIV GSPYQRW MW
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8LI HIWMKR TVSJIWWMSREP MW VIJIVVIH XS XLI JSPPS[MRK
VITSVXW JSV JYVXLIV KYMHERGI VIKEVHMRK HIXIVQMREXMSR SJ
QSHIPMRKTEVEQIXIVWERHEGGITXERGIGVMXIVMEJSVVIMRJSVGIH
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8LI YWI SJ XLI KIRIVEPM^IH PSEHHIJSVQEXMSR VIPEXMSR
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TEVEQIXIVwFxMRGPYHIWGSPYQRW[MXL 9WIGEYXMSR[LIR WXMJJRIWWERHWXVIRKXLHIKVEHEXMSRGLEVEGXIVMWXMGW
ETTP]MRKXLIZEPYIWJVSQ8EFPIXSGSPYQRW[MXL "  7XVIRKXL{'SQTSRIRX WXVIRKXLW WLSYPH FI GSQTYXIH
8LITVSFEFMPMXMIWSJJEMPYVIMR8EFPI'[IVIHIXIVQMRIH EGGSVHMRK XS XLI KIRIVEP VIUYMVIQIRXW SJ 7IGXMSR  EW
F]GSRWMHIVMRK TQIEW TXEFPI EWEVERHSQZEVMEFPI[MXLE QSHMJMIHMRXLMWWIGXMSR
PSKRSVQEP HMWXVMFYXMSR )UYEXMSR '  EPPS[W JSV XLI 8LIQE\MQYQGSQTSRIRXWXVIRKXLWLSYPHFIHIXIVQMRIH
HIXIVQMREXMSRSJXLII\TIGXIHTPEWXMGVSXEXMSRJSVELMKLIV GSRWMHIVMRK TSXIRXMEP JEMPYVI MR JPI\YVI E\MEP PSEH WLIEV
TVSFEFMPMX]SJJEMPYVI4JRI[ XSVWMSRHIZIPSTQIRX ERH SXLIV EGXMSRWEXEPPTSMRXW EPSRK
XLI PIRKXL SJ XLI GSQTSRIRX YRHIV XLI EGXMSRW SJ HIWMKR
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 'SPYQRW{*SVGSPYQRWXLIWLIEVWXVIRKXL:RGER

[LIVI  ! PR     MW XLI GSIJJMGMIRX SJ ZEVMEXMSR FIGEPGYPEXIHYWMRK)U  
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  % K  TWMYRMXW
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ERH YRMX WXERHEVH HIZMEXMSR 8LI MRZIVWI WXERHEVH RSVQEP
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+9-()*367)-71-'6),%&-0-8%8-323*)<-78-2+'32'6)8)*6%1)&9-0(-2+7%2('311)28%6= %'-6 

MR [LMGL O !  MR VIKMSRW [LIVI HMWTPEGIQIRX HYGXMPMX] )UYEXMSR   WLSYPH RSX FI YWIH XS HIXIVQMRI HMWTPEGI
HIQERH MW PIWW XLER SV IUYEP XS   MR VIKMSRW [LIVI QIRXHYGXMPMX] )P[SSHERH1SILPIE 
HMWTPEGIQIRXHYGXMPMX]MWKVIEXIVXLERSVIUYEPXSERHZEVMIW 8LI HIWMKR TVSJIWWMSREP MW VIJIVVIH XS )EVXLUYEOI )RKM
PMRIEVP]JSVHMWTPEGIQIRXHYGXMPMX]FIX[IIRERH ! RIIVMRK 6IWIEVGL -RWXMXYXI4EGMJMG )EVXLUYEOI )RKMRIIVMRK
JSVPMKLX[IMKLXEKKVIKEXIGSRGVIXIERHJSVRSVQEP[IMKLX 6IWIEVGL ))6-4))6   JSVEGSQTEVMWSRSJXIWXHEXE
EKKVIKEXIGSRGVIXI2YMWXLIE\MEPGSQTVIWWMSRJSVGI WIXXS [MXLWIZIVEPGSPYQRWLIEVWXVIRKXLIUYEXMSRW
^IVSJSVXIRWMSRJSVGI 1:HMWXLIPEVKIWXVEXMSSJQSQIRX  &IEQGSPYQR NSMRXW{*SV FIEQGSPYQR NSMRXW
XSWLIEVXMQIWIJJIGXMZIHITXLYRHIVHIWMKRPSEHMRKWJSVXLI XLIRSQMREPGVSWWWIGXMSREPEVIE%NMWHIJMRIHF]ENSMRXHITXL
GSPYQRFYXWLSYPHRSXFIXEOIRKVIEXIVXLERSVPIWWXLER IUYEPXSXLIGSPYQRHMQIRWMSRMRXLIHMVIGXMSRSJJVEQMRK
HMWXLIIJJIGXMZIHITXLERH%KMWXLIKVSWWGVSWWWIGXMSREP ERHENSMRX[MHXLIUYEPXSXLIWQEPPIVSJ
EVIESJXLIGSPYQR-XMWEGGITXEFPIXSEWWYQIH !L[LIVI  8LIGSPYQR[MHXL
LMWXLIHMQIRWMSRSJXLIGSPYQRMRXLIHMVIGXMSRSJWLIEV  8LIFIEQ[MHXLTPYWXLINSMRXHITXLERH
;LIVIE\MEPJSVGIMWGEPGYPEXIHJVSQXLIPMRIEVTVSGIHYVIWSJ  8[MGI XLI WQEPPIV TIVTIRHMGYPEV HMWXERGI JVSQ XLI
%7')7)-  'LETXIV  XLI QE\MQYQ GSQTVIWWMZI PSRKMXYHMREPE\MWSJXLIFIEQXSXLIGSPYQRWMHI
E\MEP PSEHMR)U  WLSYPHFIXEOIREWIUYEPXSXLIZEPYI (IWMKRJSVGIWWLSYPHFIGEPGYPEXIHFEWIHSRHIZIPSTQIRX
GEPGYPEXIH YWMRK %7')7)-  )U   GSRWMHIVMRK SJ JPI\YVEP TPEWXMG LMRKIW MR EHNEGIRX JVEQMRK QIQFIVW
HIWMKRKVEZMX]PSEHSRP]ERHXLIQMRMQYQGSQTVIWWMSRE\MEP MRGPYHMRKIJJIGXMZIWPEF [MHXL FYX RIIHRSXI\GIIHZEPYIW
PSEH GEPGYPEXIH YWMRK %7')7)-  )U   %PXIVRE GEPGYPEXIHJVSQHIWMKRKVEZMX]ERHIEVXLUYEOIPSEHGSQFM
XMZIP]XLIPMQMXEREP]WMWWTIGMJMIHMR%7')7)-7IGXMSR REXMSRW2SQMREPNSMRXWLIEVWXVIRKXL:RWLSYPHFIGEPGYPEXIH
GERFIYWIHXSHIXIVQMRIHIWMKRE\MEPPSEHW[MXLXLI YWMRKXLIKIRIVEPTVSGIHYVIWSJ%'-1EWQSHMJMIH
PMRIEV EREP]WMW TVSGIHYVIW SJ %7')7)-  'LETXIV  F])U 
%PXIVREXMZIJSVQYPEXMSRW JSV GSPYQRWXVIRKXLXLEX GSRWMHIV
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VIUYMVIQIRXW SJ %'- 1 'LETXIV  XLI WLIEV
WXVIRKXLIUYEXMSRWSJ%'-1GERFIYWIH :R! J G %N 14EYRMXW
' 'SPYQRW{*SV XLI EWWIWWQIRX SJ GSPYQRW MR
7IGXMSRSJXLMWKYMHIMXMWYRRIGIWWEV]XSHIXIVQMRIO MR[LMGL !JSVPMKLX[IMKLXEKKVIKEXIGSRGVIXIERH
ERHXLIHMWTPEGIQIRXHYGXMPMX]HIQERH JSV RSVQEP[IMKLX EKKVIKEXI GSRGVIXI %N MW XLI IJJIGXMZI
%W HMWGYWWIH MR 7IGXMSR ' I\TIVMQIRXEP IZMHIRGI LSVM^SRXEPNSMRXEVIE[MXLHMQIRWMSRWEWHIJMRIHEFSZIERH
MRHMGEXIW XLEX JPI\YVEP HIJSVQEFMPMX] GER FI VIHYGIH EW MWHIJMRIHMR8EFPI
GSI\MWXMRK WLIEV JSVGIW MRGVIEWI %W JPI\YVEP HYGXMPMX]  %GGITXERGIGVMXIVME
HIQERHWMRGVIEWIWLIEVGETEGMX]HIGVIEWIW[LMGLGERVIWYPX  0MRIEV WXEXMG ERH H]REQMG TVSGIHYVIW{%PP
MR E WLIEV JEMPYVI FIJSVI XLISVIXMGEP JPI\YVEP HIJSVQEXMSR EGXMSRW WLSYPH FI GPEWWMJMIH EW FIMRK IMXLIV HIJSVQEXMSR
GETEGMXMIW EVI VIEGLIH 'EYXMSR WLSYPH FI I\IVGMWIH [LIR GSRXVSPPIHSVJSVGIGSRXVSPPIHEWHIJMRIHMR7IGXMSR
JPI\YVEPHIJSVQEXMSRGETEGMXMIWEVIHIXIVQMRIHF]GEPGYPEXMSR (IWMKR EGXMSRW SR GSQTSRIRXW WLSYPH FI HIXIVQMRIH
)UYEXMSR   MPPYWXVEXIW XLI VIHYGXMSR MR GSPYQR WLIEV FEWIHSR%7')7)-'LETXIV;LIVIXLIGEPGYPEXIH
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ERIWXMQEXISJXLIQIERSFWIVZIHWLIEVWXVIRKXLJSVVIGXER WLSYPHFIHIXIVQMRIHYWMRKXLIPMQMXEREP]WMWTVMRGMTPIWMR
KYPEVVIMRJSVGIHGSRGVIXIGSPYQRWWYFNIGXIHXSYRMHMVIGXMSREP %7')7)-'LETXIV
PEXIVEP PSEHW TEVEPPIP XS SRIJEGI SJ XLIGSPYQR 7I^IR ERH  1SQIRXWWLIEVWXSVWMSRWERHHIZIPSTQIRXERHWTPMGI
1SILPI   8LI GSIJJMGMIRX SJ ZEVMEXMSR JSV XLI VEXMS SJ EGXMSRW GSVVIWTSRHMRK XS HIZIPSTQIRX SJ GSQTSRIRX
QIEWYVIHXSGEPGYPEXIHWLIEVWXVIRKXLMW WXVIRKXLMRFIEQWERHGSPYQRW
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JEMPYVI :T :S HMWTPEGIQIRXHYGXMPMX]HIQERHMWHIJMRIH EHNEGIRXFIEQWERHGSPYQRWERH
EW XLI VEXMS SJ QE\MQYQ HMWTPEGIQIRX HIQERH XS ]MIPH  %\MEP PSEH MR GSPYQRW ERH NSMRXW GSRWMHIVMRK PMOIP]
HMWTPEGIQIRX8LI]MIPHHMWTPEGIQIRXMWXLIPEXIVEPHMWTPEGIQIRX TPEWXMGEGXMSRMRGSQTSRIRXWEFSZIXLIPIZIPMRUYIWXMSR
SJXLIGSPYQRHIXIVQMRIHYWMRKXLIIJJIGXMZIVMKMHMXMIWJVSQ (IWMKREGXMSRWWLSYPHFIGSQTEVIH[MXLHIWMKRWXVIRKXLW
8EFPIEXEWLIEVHIQERHVIWYPXMRKMRJPI\YVEP]MIPHMRKSJ MREGGSVHERGI[MXL%7')7)-7IGXMSR[MXL
XLITPEWXMGLMRKIW:T8LIQE\MQYQHMWTPEGIQIRXHIQERHJSV XLI QJEGXSVWWIPIGXIHJVSQ8EFPIW  ERHJSVFIEQW
XLI GSPYQR GER FI IWXMQEXIH EW XLI QE\MQYQ MRXIVWXSV] GSPYQRWERHFIEQGSPYQRNSMRXWVIWTIGXMZIP]'SQTSRIRXW
HMWTPEGIQIRX HIQERH %PXIVREXMZIP] XLI MRXIVWXSV] HMWTPEGI WEXMWJ]MRK %7')7)-  )U   SV   EW ETTPM
QIRXHIQERHGERFIVIJMRIHF]EGGSYRXMRKJSVXLIMRXIVWXSV] GEFPIWLSYPHGSQTP][MXLXLITIVJSVQERGIGVMXIVME
HMWTPEGIQIRXW GEYWIH F] VMKMHFSH] VSXEXMSRW EX XLI ;LIVIXLIEZIVEKI('6JSVGSPYQRWEXEPIZIPI\GIIHWXLI
GSPYQRvWFEWIERHXST*YVXLIVHMWGYWWMSRSRHMWTPEGIQIRX EZIVEKIZEPYIJSVFIEQWEXXLIWEQIPIZIPERHI\GIIHWXLI
HYGXMPMX] HIQERH MW JSYRH MR 7I^IR ERH 1SILPI   KVIEXIVSJERHQJSVEPPGSPYQRWEXEPPPIZIPWXLIPIZIP
%QIVMGER'SRGVIXI-RWXMXYXI'ST]VMKLXIH1EXIVMEP{[[[GSRGVIXISVK
 +9-()*367)-71-'6),%&-0-8%8-323*)<-78-2+'32'6)8)*6%1)&9-0(-2+7%2('311)28%6= %'-6

*MK{.SMRXGPEWWMJMGEXMSR JSVVIWTSRWIMRXLITPERISJXLITEKI 

8EFPI{:EPYIWSJ JSVNSMRXWXVIRKXLGEPGYPEXMSR
:EPYISJ

'SRHMXMSRMMRXIVMSVNSMRXW 'SRHMXMSRMMSXLIVNSMRXW
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8VERWZIVWIVIMRJSVGIQIRXj XVERWZIVWIFIEQW XVERWZIVWIFIEQW [MXLXVERWZIVWIFIEQW XVERWZIVWIFIEQW [MXLSYXXVERWZIVWIFIEQW
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MWHIJMRIHEWE[IEOWXSV]IPIQIRX*SV[IEOWXSV]IPIQIRXW EPM^IH HIJSVQEXMSR MW WLIEV HMWXSVXMSR SJ XLI FIEQGSPYQR


SRISJXLIJSPPS[MRKWLSYPHFIWEXMWJMIH NSMRXWLIEVERKPIGETEGMXMIWEVIHIJMRIHF]8EFPI;LIVI
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 6ILEFMPMXEXMSR QIEWYVIW{'SRGVIXI FIEQGSPYQR
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%2(%'632=17 SV PET WTPMGII\GITX XLEX VIUYMVIH WTPMGI PIRKXLW
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QE]FIXEOIREWWXVEMKLXFEVHIZIPSTQIRXPIRKXLW
%K ! KVSWWEVIESJGSPYQR)U 
MRXIRWMSR)U 
%N ! IJJIGXMZI GVSWWWIGXMSREP EVIE SJ E FIEQGSPYQR
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NSMRXMRETPERITEVEPPIPXSTPERISJVIMRJSVGIQIRX
1R ! RSQMREPHIWMKRQSQIRXWXVIRKXLEXWIGXMSR
KIRIVEXMRKWLIEVMRXLINSMRXEWHIJMRIHMR7IGXMSR
1:H! PEVKIWX VEXMS SJ GSPYQR QSQIRX XS WLIEV XMQIW
)U 
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1')\ ! I\TIGXIHFIRHMRKWXVIRKXLSJEQIQFIVEFSYXXLI
%[ ! KVSWWEVIESJXLI[IFGVSWWWIGXMSR!F[H \E\MWJSVE\MEPPSEH49* )U 
E ! TEVEQIXIVYWIHXSQIEWYVIHIJSVQEXMSRGETEGMX] 1')] ! I\TIGXIHFIRHMRKWXVIRKXLSJEQIQFIVEFSYXXLI
MRGSQTSRIRXPSEHHIJSVQEXMSRGYVZIW*MK ]E\MWJSVE\MEPPSEH49* )U 
F ! TEVEQIXIVYWIHXSQIEWYVIHIJSVQEXMSRGETEGMX] 1K'7 ! QSQIRX EGXMRK SR XLI WPEF GSPYQR WXVMT HYI XS
MRGSQTSRIRXPSEHHIJSVQEXMSRGYVZIW*MK KVEZMX]PSEHW7IGXMSR
FIJJ ! IJJIGXMZIWPEF[MHXL 19(\ ! HIJSVQEXMSRGSRXVSPPIH HIWMKR FIRHMRK QSQIRX
F[ ! [IF[MHXLSVHMEQIXIVSJGMVGYPEVWIGXMSR HYIXSKVEZMX]ERHIEVXLUYEOIPSEHWEFSYX\E\MW
G ! TEVEQIXIVYWIHXSQIEWYVIVIWMHYEPWXVIRKXL*MK 19(] ! HIJSVQEXMSRGSRXVSPPIH HIWMKR FIRHMRK QSQIRX
G ! GSPYQRHMQIRWMSRTEVEPPIPXSWTER7IGXMSR HYIXSKVEZMX]ERHIEVXLUYEOIPSEHWEFSYX]E\MW
G ! GSPYQR HMQIRWMSR TIVTIRHMGYPEV XS WTER 1R ! WYQSJTSWMXMZIERHRIKEXMZIJPI\YVEPWXVIRKXLWSJE
7IGXMSR WIGXMSRSJWPEFFIX[IIRPMRIWXLEXEVIX[SERHSRI
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LEPJWPEFSVHVSTTERIPXLMGORIWWIWSYXWMHISTTSWMXI J ! JVEGXMSR SJ YRFEPERGIH QSQIRX XVERWJIVVIH F]


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JVEQMRKMRXSENSMRX7IGXMSR T ! TPEWXMGVSXEXMSR7IGXMSR'
1RG! WYQSJRSQMREPQSQIRXGETEGMXMIWSJEPPGSPYQRW TXEFPI! TPEWXMGVSXEXMSRGETEGMX]HIXIVQMRIHJVSQ8EFPI
JVEQMRKMRXSENSMRX7IGXMSR 7IGXMSR'
1R'7 ! RSQMREP HIWMKR QSQIRX WXVIRKXL SJ XLI WPEF TQIEW ! QIEWYVIHTPEWXMGVSXEXMSRJVSQXIWXHEXE7IGXMSR
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19( ! HIJSVQEXMSRGSRXVSPPIH HIWMKR QSQIRX HYI XS ! E ORS[PIHKI JEGXSV YWIH XS VIHYGI GSQTSRIRX
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W ! WTEGMRKSJWLIEVVIMRJSVGIQIRX %7')7)-
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PSEHW NSMRIHF]GSRGIRXVMGSVIGGIRXVMGGSRRIGXMSRW
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8EFPIWERH GSQTSRIRXWYWIHMRXLIHIJMRMXMSRSJ63
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HYGXMPMX])U  HMVIGXTYRGLMRKWLIEVWXVIRKXLEW MR 'LETXIV  SJ %'- 1 GSRWMWXMRK SJ WXERHEVH
HIJMRIHF]%'-18EFPIWERH  WXMVVYTW SV XMIW [MXL HIKVII LSSOW ERH PET WTPMGIW MR E
:T ! GSPYQR WLIEV HIQERH EX JPI\YVEP ]MIPHMRK SJ TEXXIVRXLEXIRGPSWIWPSRKMXYHMREPVIMRJSVGIQIRX
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! GSIJJMGMIRXSJZEVMEXMSR7IGXMSR' XLIWXERHEVHHIZMEXMSRJSVXLIWEQTPIXSXLIQIERZEPYIJSV
IJJ ! IJJIGXMZIWXMJJRIWWJEGXSVJSVWPEFGSPYQRGSRRIG XLIWEQTPI
XMSRW 7IGXMSR' GSQTSRIRX{ETEVXSJXLIWXVYGXYVEPW]WXIQSJEFYMPHMRK
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)U  ERH8EFPI SVWIGSRHEV]
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 +9-()*367)-71-'6),%&-0-8%8-323*)<-78-2+'32'6)8)*6%1)&9-0(-2+7%2('311)28%6= %'-6

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XLIWIPIGXIHTIVJSVQERGIPIZIP NSMRXWSJXLIJVEQI
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GSQTSRIRXSVIPIQIRXXSERSXLIVGSQTSRIRXSVIPIQIRX WGLIQIXSVILEFMPMXEXIEFYMPHMRKXSEGLMIZIEWIPIGXIH63
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GSQTSRIRXW 6ILEFMPMXEXMSR 3FNIGXMZI{SRI SV QSVI VILEFMPMXEXMSR
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GSRXVSPPIH &YMPHMRK 4IVJSVQERGI 0IZIP ERH ER )EVXLUYEOI ,E^EVH
HIQERH{XLIEQSYRXSJJSVGISVHIJSVQEXMSRMQTSWIHSR 0IZIPEWHIJMRIHMR7IGXMSRSJ%7')7)-
ERIPIQIRXSVGSQTSRIRX WIGSRHEV]GSQTSRIRX{WII GSQTSRIRXWIGSRHEV]
HIQERH GETEGMX] VEXMS{VEXMS SJ JSVGI HIQERHW JVSQ WIMWQMG IZEPYEXMSR{E TVSGIWW SV QIXLSHSPSK] SJ
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XSKIXLIV MR VIWMWXMRK JSVGIW MRGPYHMRK KVEZMX] JVEQIW WXVIRKXL{XLI QE\MQYQ E\MEP JSVGI WLIEV JSVGI SV
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%'-1GSRWMWXMRKSJGPSWIHXMIW[MXLHIKVII ERHTPEWXMGWIGXMSRHIZIPSTQIRX
LSSOWIQFIHHIHMRXSXLIGSVIERHRSPETWTPMGIW WXVIRKXLPS[IVFSYRH{JSVETSTYPEXMSRSJXIWXVIWYPXWJSV
MRJMPP{ETERIPSJQEWSRV]TPEGIH[MXLMREGSRGVIXIJVEQI WMQMPEV GSQTSRIRXW XLI QIER WXVIRKXL PIWW SRI WXERHEVH
NEGOIXMRK{XLI VITEMV SV WXVIRKXLIRMRK SJ E GSRGVIXI HIZMEXMSR2SQMREPQEXIVMEPTVSTIVXMIWSVTVSTIVXMIWWTIGMJMIH
QIQFIV F] IRGEWIQIRX YWMRK WXIIP GSRGVIXI SV JMFIV MRGSRWXVYGXMSRHSGYQIRXWGERFIYWIHXSHIJMRIPS[IVFSYRH
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ORIINSMRX{ENSMRXXLEXLEWSRIGSPYQRERHSRIFIEQMR WXVYGXYVEPGSQTSRIRX{WII GSQTSRIRX
XLIHMVIGXMSRSJJVEQMRK WXVYGXYVEPW]WXIQ{EREWWIQFPEKISJWXVYGXYVEPGSQTSRIRXW
ORS[PIHKIGSQTVILIRWMZI{EPIZIPSJORS[PIHKISJXLI XLEX EVI NSMRIH XSKIXLIV XS TVSZMHI VIKYPEV MRXIVEGXMSR SV
WXVYGXYVEP GSRHMXMSR GSRWMWXIRX [MXL XLEX ORS[R JSV RI[ MRXIVHITIRHIRGI
WXVYGXYVIW (EXE GSPPIGXMSR VIUYMVIQIRXW EVI HIJMRIH MR 7]WXIQEXMG 6ILEFMPMXEXMSR 1IXLSH{ER ETTVSEGL XS
7IGXMSRSJ%7')7)-ERH7IGXMSRWERH VILEFMPMXEXMSRMR[LMGLGSQTPIXIEREP]WMWSJXLIVIWTSRWISJ
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WXVYGXYVEPGSRHMXMSRRIIHIHXSTVSGIIH[MXLEWIMWQMGVILEFMPM YWYEPORS[PIHKI{WIIORS[PIHKIYWYEP
XEXMSR FEWIH SR RSRPMRIEV TVSGIHYVIW (EXE GSPPIGXMSR
VIUYMVIQIRXWEVIHIJMRIHMR7IGXMSRSJ%7')7)- {%GVSR]QW
ERHSJXLMWKYMHI %'-{%QIVMGER'SRGVIXI-RWXMXYXI
ORS[PIHKIJEGXSV{EJEGXSVYWIHXSEGGSYRXJSVXLIYRGIV %-7'{%QIVMGER-RWXMXYXISJ7XIIP'SRWXVYGXMSR
XEMRX]MRXLIUYEPMX]SJEWFYMPXHEXE8LIORS[PIHKIJEGXSVMW %27-{%QIVMGER2EXMSREP7XERHEVHW-RWXMXYXI
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PMKLX[IMKLXGSRGVIXI{WXVYGXYVEPGSRGVIXIXLEXLEWEREMV ))6-{)EVXLUYEOI)RKMRIIVMRK6IWIEVGL-RWXMXYXI
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 8LI WXERHEVHW ERH VITSVXW PMWXIH FIPS[ [IVI XLI PEXIWX % 7TIGMJMGEXMSR JSV 7TIGMEP 0EVKI 7M^I
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XLIWIHSGYQIRXWEVIVIZMWIHJVIUYIRXP]XLIVIEHIVMWEHZMWIH 6IMRJSVGIQIRX [MXLHVE[R  VITPEGIH
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6 +YMHI JSV 'SRHYGXMRK E :MWYEP -RWTIGXMSR SJ 6IPMIZIH7XIIP;MVIJSV4VIWXVIWWIH'SRGVIXI
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6 +YMHI JSV 3FXEMRMRK 'SVIW ERH -RXIVTVIXMRK &MPPIX7XIIP&EVWJSV'SRGVIXI6IMRJSVGIQIRX
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