)C,%&%+,1%(5&(7%(8%#D$E%-A( - jesexpertise.be · -%&$%-%&t((((($"%!"#$%&' (((! *+! (#"%()*+",-+.,/'

82
!"#$%&"' )&*+, "%--.& /-010"0-' !2%& 3% 45,,67%- )6*$%15%8**- 9:;9<9:;= >*67%?0- 5& 7%" !065**? @%-A' !065**? B#?"#-%%? @%-A )C,%&"%+,1% 5& 7%" 8%#D$E%-A 3% C%?%25&D 2*& %%& 200-"-*8%6" F0D%,6700? G%&" H*6#?"%5" I%&, J @%?K58& LM?%5$5&D !065**? @%-A B*1M#, !6700&1%%-,%& N G%C0#E ) 40,A%&,?**& =O9 N P::: GQRS QT ,0*DU70D%&"TC% N @T 7""M'VV,0*DT70D%&"TC%

Transcript of )C,%&%+,1%(5&(7%(8%#D$E%-A( - jesexpertise.be · -%&$%-%&t((((($"%!"#$%&' (((! *+! (#"%()*+",-+.,/'

!"#$%&"'()&*+,("%--.&((/-010"0-'(!2%&(3%(45,,67%-(()6*$%15%8**-(9:;9<9:;=(>*67%?0-(5&(7%"(!065**?(@%-A'(!065**?(B#?"#-%%?(@%-A(((((((((((((((((((((

(

)C,%&"%+,1%(5&(7%"(8%#D$E%-A(3%(C%?%25&D(2*&(%%&(200-"-*8%6"(

((((((((((((((((((((

((((

F0D%,6700?(G%&"(H*6#?"%5"(I%&,(J(@%?K58&((LM?%5$5&D(!065**?(@%-A((

B*1M#,(!6700&1%%-,%&(N(G%C0#E()(40,A%&,?**&(=O9(N(P:::(GQRS(

QT(,0*DU70D%&"TC%(N(@T(7""M'VV,0*DT70D%&"TC%

! "!

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

! #!

(

'()"*%+",-.!/&&

!""#$""#%&0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000&1(

'(2/'%'(-&00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000&3(

40( "(%/#5"/6+",5/7&000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000&8(404( ,9:;<==>?@=<<ABC&000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000&8(

;T;T;( )*&?%5$5&D(TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT([(

;T;T9( L&$%-K0%A,2-**D(TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT([(

;T;T=( 30%?,"%??5&D(TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT([(401( ,<DB&EDB&DDBFDG&0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000&8(40H( "F;:IJ&EDB&>AKB&;DLM=<:9F9:=N&000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000&O(

10( P/+&!5$&000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000&Q(104( 'B<=ARABC&0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000&Q(101( !A?A=&0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000&Q(10H( SA??A=&0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000&Q(10T( %:=<?@=<<ABC=B&0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000&Q(10U( %:=<C9:=F&00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000&4V(103( P/+&-=B@&00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000&4V(

9TOT;( >%?%5$,&52%*#(TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT(;;(

9TOT9( H#&6"5%,(C5&&%&(7%"(,065**?(6#?"#-%%?(E%-A(TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT(;;(108( ,=9?::B<AKG=&=B&G9A@A?LM=&;=?F9=GABC&0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000&41(10O( %==<;=?<IA@&0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000&41(

H0( %//27'P%+&W/#"/,++/X*(%.'#&"(%/#$'P+&000000000000000000000000000000000000000000000000000000000000000000000000000000000000&4H(H04( 'B<=ARABC&00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000&4H(H01( )=@&:B@?@DDB&0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000&4H(H0H( $=<G=&?::9@=B&@9DK=L@=B&;=?@DDB&=9Y&0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000&4H(

=T=T;( /%-,00&?58A(0&"E5AA%?5&D,"-*8%6"(TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT(;=(

=T=T9( 400-"-*8%6"%&(TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT(;=(!"!"#"$% &'()*+'(,%""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""%$!%!"!"#"#% &'()-.())/0*(0%"""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""%$1%!"!"#"!% &(%2(+3/0*%450%6(%4''+.+57(8.(0%9/00(0%:;<%4=2%"""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""%$1%!"!"#"1% >504(+250.(%'+*50/-5./(-%/0%?(0.%""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""""%$@%!"!"#"@% >A-,+53(0%'B.+(0.%258C.)/7-.D%6''+-.+''B%(0%B5E/BFB%550.5)%7'0*(+(0%,(+%*+'(,%""""""""""%$@%

=T=T=( >-#D"-*8%6"%&(TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT(;O(

=T=T\( S51%<0#"(M-08%6"(TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT(;O(H0T( %=L9==@&<=9=B&=B&J=9G=B&1VVO&00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000&43(H0U( ,=9?::B<AKG=&=B&G9A@A?LM=&;=?F9=GABC&0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000&48(H03( %==<;=?<IA@&0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000&48(

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

U0( S/7)"%"2"-'/&000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000&1H(

! $!

U04( 'B<=ARABC&00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000&1H(U01( 7M=&FD9@ALAFD@:9]&FM:@:^AB@=9EA=J&00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000&1H(

]T9T;( 400-$%?%&(TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT(9=(

]T9T9( R*$%?%&(TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT(9\(

]T9T=( )*&,?#5"5&D(0M(158&($0%?D-0%M(TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT(9\(

]T9T\( )*&,?#5"5&D(0M(158&(0&$%-K0%A,2-**D(TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT(9\(U0H( %=&:F;:IJ&EDB&>AKB&F9DG@AKG:BR=9Z:=G&00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000&1U(U0T( 7:=?@=>>ABC&EDB&R=&R==<B=>=9?&=B&>AKB&?@DC=F<DD@?&00000000000000000000000000000000000000000000000000000000000000000000&13(U0U( )=@&C=9DD>@=&EDB&M=@&AB@=9EA=J&00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000&13(U03( ,=9?::B<AKG=&=B&G9A@A?LM=&;=?F9=GABC&0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000&13(U08( %==<;=?<IA@&0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000&18(

30( ,#.67'P6"(%/#5"/6&0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000&18(304( 'B<=ARABC&00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000&18(301( !::9?@=<<ABC&R==<B=>=9?&0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000&1O(

OT9T;( 3%%?&%1%-(;(TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT(9^(

OT9T9( 3%%?&%1%-(9(TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT(9^(

OT9T=( 3%%?&%1%-(=(TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT(9^(

OT9T\( 3%%?&%1%-(\(TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT(9^(30H( .NB=>=B&EDB&R=&N:@:^AB@=9EA=J?&0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000&1O(30T( *A@C=?LM9=E=B&N:@:^AB@=9EA=J?&0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000&1Q(

OT\T;( H0"0<5&"%-25%E,($%%?&%1%-(;(TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT(9P(

OT\T9( H0"0<5&"%-25%E,($%%?&%1%-(9(TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT(=O(

OT\T=( H0"0<5&"%-25%E,($%%?&%1%-(=(TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT(\=(

OT\T\( H0"0<5&"%-25%E,($%%?&%1%-(\(TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT(\P(30U( %=&;=@=G=BA?C=EABC&AB&@M=>D_?&0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000&UU(

OT]T;( 3%(C%"%A%&5,D%25&D(5&("7%1*_,($%%?&%1%-(;(TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT(]](

OT]T9( 3%(C%"%A%&5,D%25&D(5&("7%1*_,($%%?&%1%-(9(TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT(][(

OT]T=( 3%(C%"%A%&5,D%25&D(5&("7%1*_,($%%?&%1%-(=(TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT(]P(

OT]T\( 3%(C%"%A%&5,D%25&D(5&("7%1*_,($%%?&%1%-(\(TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT(O;(303( )=@&?FDBBABC?E=<R&R::9M==B&R=&;=@=G=BA?C=EABC&EDB&R=&K:BC=9=B&0000000000000000000000000000000000000000000000000&3H(

OTOT;( !M*&&5&D,2%?$($00-7%%&(C%"%A%&5,D%25&D($%%?&%1%-(;(TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT(O=(

OTOT9( !M*&&5&D,2%?$($00-7%%&(C%"%A%&5,D%25&D($%%?&%1%-(9(TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT(O\(

OTOT=( !M*&&5&D,2%?$($00-7%%&(C%"%A%&5,D%25&D($%%?&%1%-(=(TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT(O](

OTOT\( !M*&&5&D,2%?$($00-7%%&(C%"%A%&5,D%25&D($%%?&%1%-(\(TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT(O](308( ,=9?::B<AKG=&=B&G9A@A?LM=&;=?F9=GABC&0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000&33(

OT[T;( 3%(C%"%A%&5,D%25&D(2*&($%(80&D%-%&(TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT(OO(

OT[T9( F%"(,M*&&5&D,2%?$($00-7%%&($%(C%"%A%&5,D%25&D(2*&($%(80&D%-%&(TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT(O[(30O( %==<;=?<IA@&0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000&3O(

80( /'(%W/+2*'7&000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000&3O(804( 'B<=ARABC&00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000&3O(801( P=ICRJ=9G&EDB&DDB&R=&?@D9@&@:@&BI&00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000&3O(80H( )=@&?FDBBABC?E=<R&@I??=B&K=ICRJ=9G&=B&R==<@AKR?&:BR=9JAK?&AB&P/+&EZJ&000000000000000000000000000000000000000000&3Q(80T( #=N<=L@A=&:F&R=&;=@=G=BA?C=EABC&EDB&R=&K:BC=9=B&000000000000000000000000000000000000000000000000000000000000000000000000000&8V(80U( .B@J::9R&:F&R=&:BR=9Z:=G?E9DDC&00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000&84(803( %=&;=@=G=BA?&EDB&R=&L:BL<I?A=&E::9&P/+&EZJ&=B&M=@&J=9GE=<R&000000000000000000000000000000000000000000000000000000000&84(808( /ABR9=N<=L@A=&00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000&81(

W'W2'"-#.`'/&000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000&8T(

! %!

W'P2.-/(&0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000&83(

WAK<DC=&4a00&0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000&83(

WAK<DC=&1a0&00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000&OV((&&

! &!

'(2/'%'(-&&WA(C%&()&*+,("%--.&Y($%-$%8**-,,"#$%&"(,065**?(6#?"#-%%?(E%-AT(WA(?5%M(158&(,"*D%(K0E%?(20-5D(8**-(*?,($5"(8**-(C58(ZQ!(G%&"T(40-5D(8**-(0-D*&5,%%-$%(5A(1%%($%(`#&,"C%&$%T(35"(8**-(C%D%?%5$(5A($%(200-"-*8%6"%&(a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b0(A*&(%-(5&(7%"(E%-A2%?$(D%E**A"(E0-$%&(200-($%K%(10%5?58A7%$%&(K0$*"(7%"($0%?($*"(7%"(200-"-*8%6"(200-(0D%&(7%%X"Y(C?58X"(C%-%5A"(E0-$%&T((( (W&(7%"(20?D%&$(700X$,"#A(aL&$%-K0%A,0MK%"_Y(?%D(5A(#5"(70%(5A($5"(0&$%-K0%A(K*?(**&M*AA%&(%&(70%(158&(C*67%?0-M-0%X(5,(0MD%C0#E$T((((((((((((((((((((&&&&&&&&&&&&&

! '!

40 "(%/#5"/6+",5/7&&&

404 ,9:;<==>?@=<<ABC&(;T;T; )*&?%5$5&D(!WA(?00M(158&("E%%$%(,"*D%(&%"(K0*?,(20-5D(8**-(C58(ZQ!(G%&"T(40-5D(8**-(7*$(5A(200-*?(%%&(0-D*&5,*"0-5,67%(X#&6"5%T(WA(7%C("0%&($%(a`#&,"C%&$%_(1%%(D%0-D*&5,%%-$T(35"(8**-(C%D%?%5$$%(5A($%(200-"-*8%6"%&(a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a)C,%&"%+,1%(5&(7%"(8%#D$E%-A_T()?(D*#E(1%-A"%(5A($*"($%K%("E%%(C%D-5MM%&(5&(,"-58$(A#&&%&(E0-$%&(D%K5%&T(WA(,M-%%A(&*1%?58A(02%-(*XE%K5D7%5$(5&(7%"(8%#D$E%-AY("%-E58?(8%#D$E%-A(E0-$"(D%0-D*&5,%%-$(5&($%(,X%%-(2*&(2-58%("58$(%&(75%-**&(D%%&(2%-M?567"%(**&E%K5D7%5$(2*,"7*&D"(c!"%#&M#&"(Z%#D$Y(,T$TY0&?5&%dT(3%($%%?&*1%(**&(200-"-*8%6"%&Y($5%(00A(D%0-D*&5,%%-$(E0-$%&(C5&&%&(%%&(8%#D$2%-%&5D5&DY(K58&(200-(80&D%-%&($5%($%%?"58$,(0&$%-E58,(20?D%&(511%-,(E%?(2%-M?567"T(>02%&$5%&(K58&(2%%?(80&D%-%&(c0&E%""5Dd(*XE%K5D("58$%&,($%K%(200-"-*8%6"%&T(4*&$**-($%("5"%?(a)C,%&"%+,1%(5&(7%"(8%#D$E%-A_Y($5%($#5$%?58A(7%"(,M*&&5&D,2%?$("#,,%&(8%#D$E%-AY(2-58E5??5D%($%%?&*1%(%&($%%?"58$,(0&$%-E58,Y(2%-M?567"%($%%?&*1%(E%%-D%%X"T(WA(E5?($5"(,M*&&5&D,2%?$($#5$%?58A(**&"0&%&(5&($%K%(C*67%?0-M-0%X(01$*"(5A($5"(%%&(5&"%-%,,*&"(**&D-58M5&D,M#&"(25&$(%&(7%"(C%?*&D-58A(25&$($*"(*&$%-%&(75%-(E%%"(2*&(7%CC%&T(35"(,M*&&5&D,2%?$(?00M"($00-7%%&($%(&%%-D%,67-%2%&("7%0-5%(02%-(7%"(8%#D$E%-AT(WA(E5?(0&$%-K0%A%&(0X($5"(00A(5&($%(M-*A"58A(**&E%K5D(5,T()*&D%K5%&($5"(,M*&&5&D,2%?$($%(-0$%($-**$($00-7%%&($%K%(C*67%?0-M-0%X(K*?(K58&Y(5,($%K%(%%-,"%(E%-A"5"%?(00A($%(00-,M-0&A%?58A%(D%C?%2%&T((L1("0"(%%&(,M%65X5%A%(0&$%-K0%A,2-**D("%(A01%&Y(D5&D(5A(0M(K0%A(&**-(E*"(158(M-%65%,(K0(**&"-0A(5&($5"(0&$%-E%-MT(>58(7%"(?%K%&(2*&("%A,"%&Y(1%-A"%(5A($*"(200-*?($%(?%%XE%-%?$(2*&(80&D%-%&($5%(%%&(200-"-*8%6"(20?D%&Y(7#&(10"52*"5%(%&(2%-E*67"5&D%&(158&(**&$*67"(0M%5,"%&T(WA(AE*1("0"($%(60&6?#,5%($*"(5A(1%%-(E5?$%("%(E%"%&(A01%&(02%-($%(C%"%A%&5,D%25&D(2*&(80&D%-%&(**&(%%&(200-"-*8%6"T((WA(K0#(80&D%-%&(A#&&%&(C%2-*D%&($5%(%%&(200-"-*8%6"(20?D%&(0X(20?D$%&(%&(*?(5&(%%&(C-#D"-*8%6"(K5""%&T(I58(?%%A(7%"(C%"%-(01(80&D%-%&("%(C%2-*D%&(E**-1%%(5A(%%&(-%?*"5%(7%C(01$*"(5A($%K%(1*AA%?58A%-(A*&(C%-%5A%&T(>02%&$5%&(K*?(5A($%K%(80&D%-%&(1*AA%?58A%-(A#&&%&(10"52%-%&(01(2-58E5??5D($%%?("%(&%1%&(**&(158&(0&$%-K0%AT(3%(A*&,($*"(K%(*X7*A%&(5,($**-$00-(00A(A?%5&%-T(WA($%&A(00A($*"(158&(2%-"-0#E%&,-%?*"5%(1%"($%K%(80&D%-%&(%-200-(A*&(K0-D%&($*"(K%(1%%-(2*&(7%&K%?X(E5??%&(?*"%&(K5%&(E**-$00-(5A($5%MD**&$%-%(*&"E00-$%&(K*?(A-58D%&T(WA(C%&(1%K%?X(%-2*&(C%E#,"($*"(5A(C58($%K%(A%#K%(K*?(10%"%&(E*A%&(200-($%(&*C587%5$("#,,%&($%(80&D%-%&(%&(158K%?XT(WA(E5?(K%A%-($567"(C58(7%&(,"**&Y(01$*"(5A($%&A($*"(5A(7%&(0M($5%(1*&5%-(00A(C%"%-(K*?(A#&&%&(7%?M%&Y(1**-(5A(E5?(K%A%-(&5%"("%(&*C58(A01%&T(WA(K0#($**-$00-(15&$%-(M-0X%,,50&%%?(A#&&%&(7*&$%?%&T(F%"(X%5"($*"(5A(1%K%?X(75%-2*&(C%E#,"(C%&Y(5,(200-(158(%%&("%A%&($*"(5A(75%-(K%?X(02%-(A*&(E*A%&(%&(7%"($#,(%%-$%-(*?,(%%&(200-$%%?(K5%T(&;T;T9 L&$%-K0%A,2-**D(((300-(*?($%K%(200-D**&$%($%&A,"*MM%&(C%&(5A("0"($%(20?D%&$%(0&$%-K0%A,2-**D(D%A01%&'(e`01"(7%"(,M*&&5&D,2%?$("#,,%&(8%#D$E%-A(%&($%%?"58$,(0&$%-E58,(&**-(200-(5&($%(C%"%A%&5,D%25&D(2*&(80&D%-%&($5%(%%&(200-"-*8%6"(20?D%&feT((;T;T= 30%?,"%??5&D((W&($%K%(C*67%?0-M-0%X(E5?(5A(7%"(,M*&&5&D,2%?$("#,,%&(8%#D$E%-A(%&($%%?"58$,(0&$%-E58,(5&(M%-,M%6"5%X(C-%&D%&T(WA(E5?($*"(,M*&&5&D,2%?$(00A(**&"0&%&(5&($%(C%"%A%&5,D%25&D(2*&($%(80&D%-%&($5%(%%&(200-"-*8%6"(20?D%&T((((401 ,<DB&EDB&DDBFDG&&

(WA($0%(M-*A"58A0&$%-K0%A(C58(80&D%-%&($5%(7%"(200-"-*8%6"(C58(ZQ!(G%&"(20?D%&T(F%"(5,(%%&(C%?%25&D,0&$%-K0%A(01$*"($5"(,00-"(0&$%-K0%A(D0%$(**&,?#5"(C58(158&(0&$%-K0%A,2-**DT(WA(E5?(E%"%&(70%($%(80&D%-%&(%%&(200-"-*8%6"(C%?%2%&Y(E%?A%(C%"%A%&5,(K%(75%-**&(D%2%&T(R**-(158&(1%&5&D(A*&($%(C%"%A%&5,D%25&D(2*&(

! (!

80&D%-%&(-%67","-%%A,(#5"($5%(C%?%25&D(*XD%?%K%&(E0-$%&T(3%(C%"%A%&5,($5%(5%1*&$(**&(5%",(D%%X"Y(D-0%5"(511%-,(2*&#5"(K58&V7**-(C%?%25&DT((3%(,M%65X5%A%(1%"70$%($5%(5A(75%-C58(7*&"%%-(5,(%%&(5&"%-25%E(0M(C*,5,(2*&(X0"0_,T(WA(1%-A"%(D%$#-%&$%(158&(,"*D%($*"($%(80&D%-%&(2%%?(C%"%A%&5,(7%67"%&(**&(C%%?$"**?T(b%(,"**&(D-**D(0M(%%&(X0"0Y(K%("0&%&(2**A(X0"0_,Y(K%(&%1%&(2**A(X0"0_,(%&(K%(2%-"%??%&(00A(2**A(2%-7*?%&(**&($%(7*&$(2*&(X0"0_,T((3%(200-"-*8%6"%&(C%,"**&(#5"("E%%(D-0%M%&T(Q%&(a1**&$*D<$5&,$*DD-0%M_(%&(%%&(a$0&$%-$*D<2-58$*DD-0%M_T(W&(158&(0&$%-K0%A(?5%"(5A("E%%(80&D%-%&(0M(1**&$*D(%&($5&,$*D(X0"0_,(&%1%&(%&(C%2-0%D(5A(7%&(**&(7%"(%5&$%(2*&($%K%($*D%&(*T$T7T2T(7#&(X0"0_,T(3%K%(80&D%-%&(7%CC%&(0M(2%-,675??%&$%("58$,"5MM%&($%%?D%&01%&(**&(7%"(0&$%-K0%AT(Q?A%(80&D%-%(A-%%D($%(0M$-*67"(01(25%-(X0"0_,("%(&%1%&T(Qg&(D%$#-%&$%($%(601M%"%&"5%<0M$-*67"%&Y(gg&(D%$#-%&$%($%(M*#K%,Y(gg&(2*&($%(5&"%-*6"5%(1%"(%%&(*&$%-%(80&D%-%(%&(gg&(2*&($%(5&"%-*6"5%(1%"($%(C%D%?%5$%-,T(L0A(0M($0&$%-$*D(%&(2-58$*D(D5&D(5A(0M($5%(1*&5%-("%E%-AT(W&(7%"("0"**?(K58&(%-(25%-(80&D%-%&(C%2-**D$T(W%$%-%(80&D%-%(&*1(25%-(A%%-($%%?(**&(7%"(0&$%-K0%A(%&(5,($#,(00A(25%-(A%%-(C%2-**D$T(3%(2-*D%&($5%(5A(,"%?$%("58$%&,($%K%(C58%%&A01,"%&(E*-%&(,"%%$,($%K%?X$%T(Q&A%?("58$%&,($%(%%-,"%(%&($%(?**","%(C%2-*D5&D(,"%?$%(5A(1%%-(,M%65X5%A%(2-*D%&T(S58$%&,($%(%%-,"%(C%2-*D5&D(2-0%D(5A(1%%-(*?D%1%&%(5&X0-1*"5%(02%-($%(80&D%-%T(S58$%&,($%(?**","%(C%2-*D5&D(2-0%D(5A(1%%-(5&X0-1*"5%(02%-(7%"(2%-?00M(2*&($%(5&"%-25%E,T((3%(2-*D%&(2%-,M-%5$%&(K567(&%"(K0*?,($%(X0"0_,(02%-(25%-($01%5&%&'($%(*6"525"%5"%&($5%(E%-$%&(#5"D%20%-$(%&($%(601M%"%&"5%,(E**-**&(E%-$(D%E%-A"Y(02%-(70%(K%($%(M*#K%,($00-C-*67"%&Y(02%-($%(0&$%-?5&D%(60&"*6"%&($5%(K%(?%D$%&(1%"(7#&(1%$%?%%-?5&D%&(%&(02%-($%(60&"*6"%&($5%(K%(7*$$%&(1%"($%(C%D%?%5$%-,T((WA(7%C($%(80&D%-%&(0M(2-58E5??5D%(C*,5,(?*"%&($%%?&%1%&(**&(158&(0&$%-K0%A($00-(7%&(0M($%(700D"%("%(C-%&D%&(2*&(158&(2%-E*67"5&D%&(%&("%(2-*D%&(0X(K%(E5?$%&(1%%$0%&T(F%"(0&$%-K0%A(20&$(M?**",("#,,%&(;9(&02%1C%-(%&(;]($%6%1C%-T(35"(?%%A(158(%%&(7**?C*-%("58$,M%-50$%(01(7%"(M-*A"58A0&$%-K0%A("%(-%*?5,%-%&T((L1(7%"(,M*&&5&D,2%?$("#,,%&(8%#D$E%-A(%&($%%?"58$,(0&$%-E58,(5&(M%-,M%6"5%X("%(C-%&D%&(?567"(5A(ZQ!(2KEY($%%?"58$,(0&$%-E58,(%&($%(D%,675%$%&5,(2*&(7%"(8%#D$E%-A("0%T(WA(2%-K*1%?$%(25*(5&"%-&%"(c6*"*?0D5Y($*"*C*&A%&(%&(E%C,5"%,dY("58$,67-5X"%&Y(A-*&"%&(%&(C0%A%&($%(&0$5D%(5&X0-1*"5%T(L1(#5"%5&$%?58A(**&("%("0&%&(0X(7%"(,M*&&5&D,2%?$($00-?00M"(5&($%(C%"%A%&5,D%25&D(2*&(80&D%-%&($5%(%%&(200-"-*8%6"(20?D%&Y(?5&A(5A($%K%("7%0-5%(%&(158&(%5D%&(%-2*-5&D%&(**&($%(-%,#?"*"%&(2*&(7%"(C%?%25&D,0&$%-K0%AT(((40H "F;:IJ&EDB&>AKB&;DLM=<:9F9:=N&&F%"("E%%$%(700X$,"#A($*"(**&(C0$(A01"Y(5,($*"(02%-(ZQ!(2KET(WA(?567"($%K%(0-D*&5,*"5%("0%(**&D%K5%&(158&(C*67%?0-M-0%X(,"*D%D%C0&$%&(5,T(WA(E5?(**&"0&%&(E**-($%(80&D%-%&($5%(5A(C%2-**D(K567(5&($%K%(0-D*&5,*"5%(C%25&$%&(%&(70%(7%"(,M*&&5&D,2%?$(5&($%K%(0-D*&5,*"5%(**&E%K5D(5,T(((F%"($%-$%(700X$,"#A(2*&($%K%(C*67%?0-M-0%X(D**"(02%-($%%?"58$,(0&$%-E58,T(Q-(E0-$"(00A(5&D%D**&(0M(7%"($%6-%%"(?%-%&(%&(E%-A%&(2*&(9::^Y(0M($%(E%-A5&D(2*&(%%&(200-"-*8%6"(%&(0M(E%?A%(**&2%-E*&"%(M-08%6"%&(%-(2%-$%-(C%,"**&T(WA(25&$(7%"(C%?*&D-58A($*"($5"(700X$,"#A(**&(C0$(A01"(5&($%K%(C*67%?0-M-0%X(01$*"($%($%%?&%1%-,(**&(7%"(M-*A"58A0&$%-K0%A($%%?"58$,(C%-0%M,,%6#&$*5-(0&$%-E58,(20?D%&(%&($%%?&%1%&(**&(%%&(200-"-*8%6"T(300-($%(**&2%-E*&"%("-*8%6"%&("0%("%(?567"%&Y(E0-$"($5"(200-"-*8%6"(C%"%-(D%,5"#%%-$T((((W&(7%"(25%-$%(700X$,"#A(,67%",(5A(7%"($%%?(2*&($%(D%,675%$%&5,(2*&(7%"(8%#D$E%-A($*"(C%"-%AA5&D(7%%X"(0M(7%"(,M*&&5&D,2%?$("#,,%&(8%#D$E%-A(%&(0&$%-E58,T(LM($5%(1*&5%-("00&(5A(**&(70%($5"(,M*&&5&D,2%?$(K567(5&(7%"(8%#D$E%-A(,5"#%%-"T(((W&(700X$,"#A(258X(aI%"70$0?0D5%_(?567"(5A(7%"(X0"0<5&"%-25%E("0%Y($5"(5,(&*1%?58A($%(1%"70$%($5%(5A(7*&"%%-(01(158&(C%?%25&D,0&$%-K0%A(C58($%(80&D%-%&(#5"("%(20%-%&T(WA(K*?(75%-(00A($%(0MC0#E(2*&(158&(M-*A"58A0&$%-K0%A(#5"?%DD%&T(((F%"(K%,$%(700X$,"#A(20-1"(7%"(M-*A"58A0&$%-K0%A(K%?XT(F5%-5&(A01%&($%(X0"0<5&"%-25%E,(%&($%(2%-E%-A5&D(%-2*&(**&(C0$T(W&($5"(700X$,"#A(D%%X(5A(00A(%%&(*&"E00-$(0M($%(0&$%-K0%A,2-**D'(e`01"(7%"(,M*&&5&D,2%?$("#,,%&(8%#D$E%-A(%&($%%?"58$,(0&$%-E58,(&**-(200-(5&($%(C%"%A%&5,D%25&D(2*&(80&D%-%&($5%(%%&(200-"-*8%6"(20?D%&feT(((F00X$,"#A(K%2%&Y(20-1"(7%"(%5&$C%,?#5"(2*&($%K%(C*67%?0-M-0%XT(F5%-5&(D%%X(5A($%(C%?*&D-58A%(%?%1%&"%&(#5"($%(700X$,"#AA%&(E%%-(%&(2%-1%?$(5A(,#DD%,"5%,T(&&&

! )!

10 P/+&!5$&&104 'B<=ARABC&&&W&($5"(700X$,"#A(?567"(5A(ZQ!(2KE("0%T(LM($5%(1*&5%-(E5?(5A(**&"0&%&(E**-($%(80&D%-%&($5%(5A(C%2-**D(K567(5&($%K%(0-D*&5,*"5%(C%25&$%&(%&(70%(7%"(,M*&&5&D,2%?$(5&($%K%(0-D*&5,*"5%(**&E%K5D(5,T(((101 !A?A=&

(3%(*XA0-"5&D(ZQ!(,"**"(200-(Z%#D$(Q&(!"*$T(ZQ!(2KE(-567"(K567("0"(*??%(A5&$%-%&Y(80&D%-%&(%&(80&D20?E*,,%&%&($5%(?%2%&(5&(>-#,,%?Y()&"E%-M%&(%&(G%&"Y("0"(,"%$%?58A%(0-D*&5,*"5%,(%&(C%?%5$($*"(1%"(%&(200-(7%&(E%-A"(g&("0"(*??%(A5&$%-%&Y(80&D%-%&(%&(80&D20?E*,,%&($5%(5%",(E5??%&($0%&(1%"Y(200-(0X(5&($%(,"*$(cZQ!(2KEY(9:;:Y(MT(;:dT((ZQ!(2KE(K5%"($%($-5%(4?**1,%(D-00","%$%&()&"E%-M%&Y(>-#,,%?(%&(G%&"($*&(00A(*?,(7**-(&*"##-?58A%(7*C5"*"(%&(*?,($g(*&A%-M#&"%&(200-(7**-(E%-A5&D(cZQ!(2KEY(9:;9Y(0&?5&%dT(35%(C%E#,"%(A%#K%(,M-%%A"(&5%"(*??%%&(#5"($%(D%,675%$%&5,(2*&($%(0-D*&5,*"5%T(b%(5,(7%"(?0D5,67%(D%20?D(2*&($%(0-D*&5,*"5%15,,5%(%&(,"**"(*?,(20?D"(2%-E00-$(5&(7**-(,"*"#"%&'(h30%?(2*&($%(2%-%&5D5&D(5,(7%"(0&$%-,"%#&%&(%&(C%D%?%5$%&(2*&(8%#D$E%-AY(8%#D$E%?K58&,E%-A(%&($%(8%#D$(5&(D-00","%$%?58A(2%-C*&$iT(ZQ!(K5%"($%(D-00","%$%?58A%(60&"%j"(*?,(%%&($.&*15,67%(%&(C-#5,%&$%(1**",67*MM%?58A%(-%*?5"%5"Y(*?,(M?**",%&(2*&(2%-&5%#E5&D(1%"(2%?%(2%-,675??%&$%(X#&6"5%,(%&(10D%?58A7%$%&(%&(%%&(D-0"%(%"&5,67%($52%-,5"%5"T(W&($5%(,"%$%?58A%(0&200-,M%?C**-7%5$Y(1#?"56#?"#-*?5"%5"(%&(1#?"5X#&6"50&*?5"%5"(c1%&,%&(D%C-#5A%&($%(,"*$(*?,(E00&<Y(E%-A<Y(#5"D*&D,<Y(E5&A%?<Y(2-58%"58$,<(%&(2-58M?**",Ykd(?5D"(%%&(%&0-1%(A-*67"($5%(ZQ!(200-(7**-(8%#D$5D($0%?M#C?5%A(0M"51**?(E5?(?*"%&(-%&$%-%&T(((((

(10H SA??A=&

(ZQ!(2KE(E5?($%(,"*$(1%%-(?%%XC**-(%&(**&"-%AA%?58A%-(1*A%&(200-(8%#D$5D%&(%&(*?,(%%&(,"*$,?*C0(60&"5&#(2%-&5%#E%&$%(5&5"5*"5%2%&(0&"E5AA%?%&($5%(80&D%(1%&,%&(A*&,%&(C5%$%&(0M'(5&2%&"5%2%(%&(0-5D5&%?%(2-58%("58$Y(0M?%5$5&D(%&("%E%-A,"%??5&DY(5&,M-**A(%&(M*-"565M*"5%(**&(7%"(C%?%5$Y(X.,5%A%(%&(1%&"*?%(-#51"%Y(6#?"##-$%%?&*1%(%&(<6-%*"5%(%&(1**",67*MM%?58A%(M*-"565M*"5%(cZQ!(2KEY(9:;:Y(MT([dT(

(ZQ!(2KE(D%?00X"(5&'($%(6-%*"5%2%(A-*67"(2*&(A5&$%-%&Y(80&D%-%&(%&(80&D20?E*,,%&%&(%&(5&($%(10D%?58A7%$%&(2*&(%%&(5&"%-6#?"#-%?%(,"*$($5%(D%?58A%(A*&,%&(10%"(C5%$%&(**&(*??%(,"*$,5&E0&%-,(%&(<D%C-#5A%-,Y(0&D%*67"(7#&(*XA01,"(0X(D%?00X,02%-"#5D5&DT(

(S%&,?0""%(,"**"(ZQ!(2KE(200-'(M?#-*?5,1%Y(6-%*"525"%5"Y(10&$5D7%5$Y(%jM%-51%&"Y(?567*1%?58A%(%&(D%%,"%?58A%(0&"M?0055&DY(5&"%-6#?"#-%%?(?%-%&Y(1**",67*MM%?58A(%&D*D%1%&"(%&(,*1%&E%-A5&D(5&(%%&(,X%%-(2*&(E%$%-K58$,(2%-"-0#E%&T(

(10T %:=<?@=<<ABC=B&&

(ZQ!(,"%?"(K58&($0%?,"%??5&D%&(200-(5&(%%&($-5%(1**?($-5%(,"-#6"##-(cZQ!(2KEY(9:;:Y(MT(;=(<9=dT(3%($-5%(*?D%1%&%(0-D*&5,*"5%$0%?%&(K58&'(5&70#$Y(0-D*&5,*"5%(%&(01D%25&DT(3%K%($-5%(*?D%1%&%(0-D*&5,*"5%$0%?%&(C%,"**&(%?A(#5"($-5%(,"-*"%D5,67%($0%?,"%??5&D%&T((

($"%!"#$%&'9(-.55.%',%6/(%B50/(+%F/.%,5+./8/,5./(D%8'B,(.(0./(-%(0%(E,(+./-(6()/0*"%%

(< 400-(ZQ!(C%"%A%&"(FD9@ALAFD@A=(%-C58(K58&(%&(D-0%5%&(&**-(1%$%<%5D%&**-T(b%(E5??%&(M*-"565M*"5%(

-%*?5,%-%&(0M(2%-,675??%&$%($01%5&%&'(6#?"##-Y(8%#D$E%-AY(,"*$,A?*,,%&Y(,"-**"70%AE%-A(%&(M*-"565M*"5%(5&(7%"(C%?%5$T((

(< ZQ!(E5?(80&D%-%&($%(A*&,(C5%$%&(1%%-(L:>F=@=B@A=?("%(0&"E5AA%?%&T(ZQ!(C5%$"(80&D%-%&(75%-"0%($%(

10D%?58A7%5$($00-(20?D%&$%(M58?%-,'(A*$%-20-15&DY(0&$%-E58,Y(0M?%5$5&DY("%E%-A,"%??5&D(%&($00-(%jM%-51%&"%&(0M("%(K%""%&(01($%(1**",67*MM%?58A%(M0,5"5%(2*&(80&D%-%&("%(2%-C%"%-%&(%&("%(2%-,"%-A%&T(((

(< ZQ!(,"*$,?*C0(5,(5&(7%"(8%#D$E%-A(%%&(=bF=9@A?=L=B@9I>($*"(D0%$%(M-*A"58A%&(%&(0MD%$*&%(%-2*-5&D(

2%-K*1%?"Y(0&$%-C0#E"(%&(2%-20?D%&,(2%-,M-%5$"(1%"(*?,(%5&$$0%?("%(E%D%&(0M(7%"(C%?%5$T((

! *+!

(#"%()*+",-+.,/'45).%F/.((0%/0%,(+-'0(()D%=53()/73%G%C(.*((0%4''+%:;<%8(0.+5)(%30'2C'2%(0%)'35)(%5F.'0'B/(%9(.(3(0.%G%(0%8'BBF0/85./("%%(< ZQ!(&0%1"(K567K%?X(%%&(5&&02*"5%2%(%&(%%&(?%-%&$%(0-D*&5,*"5%($5%(1%"(&5%#E%(5&K567"%&(%&(15$$%?%&(

$%(#5"$*D5&D%&(2*&(10-D%&(01*-1"T(L1($5%(-%$%&(25&$"(ZQ!(7%"(&00$K*A%?58A(01(K58&(F=9?:B==<("%(?*"%&(C58?%-%&(25*(0M?%5$5&D%&(%&(20-15&D%&T((

(< L1(*??%($0%?,"%??5&D%&(5&($5"(M?*&("%(-%*?5,%-%&(%&(&5%#E%(#5"$*D5&D%&(**&("%(A#&&%&(D**&Y(5,(%%&(

$00-$*67"Y("-*&,M*-*&"(%&(7**?C**-(ZDG=<AKG(C%?%5$(&0$5DT(ZQ!(E5?($5"($*&(00A(-%*?5,%-%&T(((< 3%(%j"%-&%(L:>>IBALD@A=(2*&(ZQ!(,"0%?"(0M(%%&("E%%,M0-%&C%?%5$'(gg&(0M(7%"(&52%*#(2*&(7%"(1%-A(ZQ!(

,"*$,?*C0(%&(gg&(0M(7%"(&52%*#(2*&($%($%%?E%-A5&D%&(%&(M-08%6"%&T(((!"%(0*/1,"*%9(-.55.%F/.%5502(=/*C(/6D%0(.2(+3(0%(0%/0.(+05./'055)%2(+3(0"%%%(< L1("%(C%M*?%&(E**-(%&(70%(ZQ!(*?,(0-D*&5,*"5%(DDBJ=ZAC(5,Y(7*&"%-%&(K%(20?D%&$%(6-5"%-5*'($%(

1**",67*MM%?58A%(M0,5"5%(2*&($%(80&D%-%Y(601M?%1%&"*-5"%5"(1%"(*&$%-%(0-D*&5,*"5%,Y(*#"7%&"565"%5"(%&(?0.*?5"%5"(2*&(M*-"&%-,Y(,"-*"%D5,67%(&00$K**A(%&(M0,5"50&%-5&D(200-(ZQ!(,"*$,?*C0T((

(< ZQ!(25&$"(7%"(C%?*&D-58A(01("%(5&2%,"%-%&(5&($%(#5"C0#E(2*&(?%-%&$%(B=@J=9G=B&01($%(

1**",67*MM%?58A%(M0,5"5%(2*&($%(80&D%-%("%(2%-,"%-A%&T(((< ZQ!(,"*$,?*C0(K%"(7**-(AB@=9BD@A:BD<=(M-08%6"1*"5D%(%&(,"-#6"#-%?%(E%-A5&D(2%-$%-T(b%(E5??%&(0M($5%(

1*&5%-(%-2*-5&D,#5"E5,,%?5&D(1%"(80&D%-%&Y(%jM%-"5,%$%?5&D(1%"(1%$%E%-A%-,(%&(C%?%5$,1*"5D(,"%$%?58A(E%-A(0M(Q#-0M%%,(&52%*#(5&(7#&(0-D*&5,*"5%(2%-*&A%-%&T((

(10U %:=<C9:=F&&ZQ!(2KE(-567"(K567("0"(A5&$%-%&Y(80&D%-%&(%&(80&D20?E*,,%&%&(cZQ!(2KEY(9:;9Y(0&?5&%dT(3%(0&$%-,"%(D-%&,(5,(K%,(8**-Y($%(D-%&,(E**-(20?D%&,(ZQ!(8%#D$E%-A(C%D5&"T(@%-A%&(0&$%-($%(K%,(8**-(C%,670#E%&(K58(*?,(A5&$%-0M2*&DY(%%&(%5D%&(%&(%5D%&"58$,%(20-1(01("%(E%-A%&(1%"(A5&$%-%&Y(1%"(,M%65X5%A%(601M%"%&"5%,(%&(2%-E*67"5&D%&T(ZQ!(0&$%-,67%5$"($-5%(?%%X"58$,6*"%D0-5%l&T(I%"($%K%(0&$%-2%-$%?5&D($5%&(8%(X?%j5C%?(01("%(D**&Y(E*&"(K%(,"**"(0&$%-(5&2?0%$(2*&(1**",67*MM%?58A%Y(,0650<%60&015,67%(%&(6#?"#-%?%(X*6"0-%&T((H/06(+(0%450%I%.'.%$#%755+%%3%K%(?%%X"58$,6*"%D0-5%(E0-$"(C%-%5A"(C58($%(8%#D$E%-A5&D(2*&(ZB(3%(>-*&$%-58T(Q-(K58&(D%15$$%?$(]:(A5&$%-%&(%&("5%&%-,(M%-(*6"525"%5"T(3%K%(?%%X"58$,6*"%D0-5%(E0-$"(00A(0&$%-,"%#&$(25*($%(8%#D$*"%?5%-,Y(7%"(,065**?<%$#6*"5%X(20%"C*?M-08%6"(a`0-"(0M(3%(>*?_Y($%(M*-"565M*"5%<*6"525"%5"%&($00-(m0"*n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

J(.%((+-.(%)F/3K%7(F*62(+3%(0%4+/7(%./76%

! **!

Q-(E0-$%&(,"*$,"-0M7._,(D%0-D*&5,%%-$T(45*(%%&(,"*$,"-0M7.(A*&(8%(G%&"(M%-(10#&"*5&C5A%(2%-A%&&%&(%&V0X(C%"%-(?%-%&(A%&&%&(cZQ!(2KEY(9:;9Y(0&?5&%dT(L0A($%(`#&,"C%&$%Y(%%&(E%$,"-58$(200-(80&D%-%&("#,,%&(;=(%&(;P(8**-(E0-$"(D%0-D*&5,%%-$($00-(ZQ!(G%&"T(4%-$%-(C%70-%&("0"($5"(?#5A($%(6#?"#-%?%(*6"525"%5"%&(K0*?,($%(?0101##-T(Z0&D%-%&(#5"(G%&"(C-*67"%&(7#&(,"*$(5&(C%%?$T(4*&(*?($%(X0"0_,($5%(K%(2%-K*1%?$%&(E%-$(%%&(?0101##-(D%1**A"(5&($%(Qj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aQXX%6"_(5,($%(&**1(2*&($%(200-"-*8%6"%&(200-(80&D%-%&(#5"(7%"($%%?"58$,(0&$%-E58,T(F%"($0%?(75%-2*&(5,(01(80&D%-%&(200-("%(C%-%5$%&(0M($%(*-C%5$,1*-A"(%&(K%(00A("%(?*"%&($00-,"-01%&(&**-($%K%(*-C%5$,1*-A"T((I%%-(,M%65X5%A(E5?(QXX%6"'((< 80&D%-%&(?%-%&(A58A%&(&**-(K567K%?X(%&(,*1%&(5&,67*""%&(E**-(M%-,00&?58A%(,"%-A"%,(%&(E%-AM#&"%&(

?5DD%&(< 80&D%-%&(7%?M%&(5&(7#&(K0%A"067"(&**-($%(D%M*,"%(,"*MM%&(0M(E%D(&**-(E%-A(< ,*1%&(1%"($%(80&D%-%&(E%-A%&(**&(601M%"%&"5%,(%&(10"52*"5%(< D-0%5%&(&**-(60&6-%"%(80C($0%?E5""%&(< %jM%-51%&"%-%&(1%"(E5%(8%(C%&"(%&(E*"(8%(E5?(

&9TOT; >%?%5$,&52%*#(

(Z%-0%&(>%?,Y(%%&(1%$%E%-A%-(C58(ZQ!(G%&"(2%-"%?$%(158(0M(;\T;9T9:;9($*"(ZQ!(G%&"(E0-$"(D%,#C,5$5%%-$($00-(2%-,675??%&$%(C-0&&%&T()??%,(E*"(0&$%-(7%"(%%-,"%(%&("E%%$%(?#5A(2*?"(C5&&%&(ZQ!(G%&"Y(E0-$"(D%,#C,5$5%%-$($00-(7%"(C%?%5$,$01%5&(6#?"##-Y(8%#D$Y(,M0-"(%&(1%$5*T(Q-(K58&(&*"##-?58A(00A(*&$%-%(5&A01,"%&($*&($5%(2*&($%(4?**1,%(02%-7%5$T(400-C%%?$%&(75%-2*&(K58&(5&A01,"%&(2*&($%%?&%1%-,(**&(20-15&D%&(%&(X5&*&65l?%(C58$-*D%&(2*&(,M0&,0-%&T((QXX%6"(E0-$"(D%,#C,5$5%%-$($00-(7%"(Q!HT(35"(5,(7%"(Q#-0M%%,(!065**?(H0&$,T(35"(*D%&",67*M($**D"(0-D*&5,*"5%,(#5"(*6"5%,(0M("%(K%""%&($5%(7%"(X#&6"50&%-%&(2*&($%(*-C%5$,1*-A"($##-K**1(2%-C%"%-%&(cQ!H<)D%&",67*MY(9:;9Y(0&?5&%dT(3*"($0%"(7%"(1%"(K0E%?(Q#-0M%,%(*?,(4?**1,%(15$$%?%&T(F%"(Q!H(2%-E%-X"(%&($%%?"(A%&&5,(K0$*"(7%"(A*&(C58$-*D%&("0"(0M?0,,5&D%&(2*&(2*&$**D(%&(10-D%&T(Q!H(C%-%5A"($5"(-%,#?"**"($00-(%%&(200-"$#-%&$%(,*1%&E%-A5&D(1%"(M*-"&%-,T((4%-$%-(2%-"%?$%(Z%-0%&($*"(QXX%6"(00A(D%,#C,5$5%%-$(E0-$"($00-($%(35%&,"(>%-0%M,0M?%5$5&D($%M*-"%1%&"(0&$%-E58,(%&(20-15&DT((

(9TOT9 H#&6"5%,(C5&&%&(7%"(,065**?(6#?"#-%%?(E%-A((

F5%-0&$%-(K*?(5A($%(25%-(X#&6"5%,(2*&(7%"(,065**?(6#?"#-%%?(E%-A(?5&A%&(**&(ZQ!(G%&"T(

&(%8F).F+()(%AF08./(K%%a3%K%(X#&6"5%(5,(D%-567"(0M(7%"(2%-70D%&(2*&($%(M*-"565M*"5%A*&,%&(**&($%(6#?"##-D0%$%-%&(2*&($%(,*1%&?%25&D_(cHL4Y(,T$TY(0&?5&%dT(45*($%(`#&,"C%&$%Y($%(,"*$,"-0M7._,(%&($%(6#?"#-%?%(*6"525"%5"%&(M-0C%%-"(ZQ!(G%&"(%%&(AE*?5"%5",20?(C%?%25&D,101%&"("%(6-%l-%&(E**-(80&D%-%&(A*&,(A-58D%&(01(K5&20??%(&%"E%-A%&("%(25&$%&($5%(7#&(?%2%&(20-1(D%2%&T(3%($%%?&%1%-,(E0-$%&(0M($5%(1*&5%-(**&D%K%"("0"($%%?&%1%&Y(6-%l-%&Y(D%&5%"%&Y(C%E*-%&(%&(-%M-0$#6%-%&T((%

&(%(6F85./(4(%AF08./(K%%3%(%$#6*"5%2%(X#&6"5%(E5?(?%-%&$%(1%&,%&(%&(D-0%M%&(0&$%-,"%#&%&(1%"(%%&(%$#6*"5%X(**&C0$(0M(M?**",%?58A(%&(C02%&?0A**?(&52%*#T(W&($%(,065**?<6#?"#-%?%(,%6"0-(7%CC%&(?%%-M-06%,,%&(&5%"(%&A%?($%(C%$0%?5&D(7%"(5&$525$#%%?(X#&6"50&%-%&("%(2%-C%"%-%&Y(%-(E0-$"(%2%&%%&,(D%"-*67"(7%"(1**",67*MM%?58A(X#&6"50&%-%&(2*&(5&$525$#%&(%&(D-0%M%&("%(0M"51*?5,%-%&(cHL4Y(,T$TY(0&?5&%dT(3%K%(X#&6"5%(K5%&(E%(7%%?($#5$%?58A("%-#DA01%&(5&(7%"("E%%$%(?#5A(cA*$%-d20-15&DT(Q-(K58&(K0E%?(?%%-M-06%,,%&($5%(-%67","-%%A,(D%-567"(K58&(0M($%($0%?D-0%M(*?,(0&-%67","-%%A,(0M($%(2-58E5??5D%-,T(3%K%(0&-%67","-%%A,%(?%%-<(%&(20-15&D,M-06%,,%&(K58&(%-(200-*?(0M(D%-567"(01(2**-$5D7%$%&("%(2%-E%-2%&(2*&("#,,%&M%-,0&%&($5%(K%?X(

! *"!

1%"($%($0%?D-0%M(**&($%(,?*D(D**&T(Q%&(1005(200-C%%?$(75%-2*&(K58&($%(0ME*-1%-,Y(*&51*"0-<Y(700X$*&51*"0-<(%&(5&,"-#6"%#-,6#-,#,T(Q%&(200-C%%?$(2*&(?%%-M-06%,,%&($5%(-%67","-%%A,(D%-567"(K58&(0M($%($0%?D-0%M(K58&($%(,M%65X5%A%(20-15&D%&(%&($%(20-15&D%&(0M(2%-K0%A(2*&($%($0%?D-0%MT((%&(%*(B((0-8C5,-4'+B(06(%AF08./(K%%3%K%(X#&6"5%(K5%(5A($00-7%%&($%($-5%(?#5A%&(2*&(ZQ!(G%&"T(>58($%(`#&,"C%&$%(%&(20-15&D%&(A01%&($%($%%?&%1%-,(5&(60&"*6"(1%"(?%%X"58$,D%&0"%&(%&(M-0X%,,50&*?,($5%($%K%?X$%(5&"%-%,,%,(7%CC%&(cHL4Y(,T$TY(0&?5&%dT(L0A(5&(QXX%6"(A01%&(80&D%-%&($5%($%%?"58$,(0&$%-E58,(20?D%&(<(%&($5"(0&$%-E58,".M%(*?,(D%1%%&,67*MM%?58A%(X*6"0-(7%CC%&(<(1%"(%?A**-(5&(60&"*6"T(W&($%K%(2%-,675??%&$%(?#5A%&(A-58D%&(*?($%K%(80&D%-%&($%(A*&,(01(7#&(,065*?%(E%%X,%?("%(2%-,"%-A%&(%&("%(2%-&5%#E%&(%&(01(K567("0"(%%&(D-0%M("%(20-1%&(01(0M($5%(1*&5%-("0"(%%&($%106-*"5,67%Y(,0?5$*5-%Y(0M%&(%&(6#?"#-%%?($52%-,%(,*1%&?%25&D("%(A01%&(cHL4Y(,T$TY(0&?5&%dT((&(%B55.-8C5,,()/73(%58./4(+/0*-AF08./(K%%a3%(1**",67*MM%?58A%(*6"52%-5&D,X#&6"5%(5,(D%-567"(0M(7%"(0-D*&5,%-%&Y(,"51#?%-%&(%&(C%D%?%5$%&(2*&(20-1%&(2*&(1**",67*MM%?58A(%&D*D%1%&"Y(2%-*&"E00-$%?58A7%5$(%&(,065*?%(*6"5%_(cHL4Y(,T$TY(0&?5&%d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a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`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cHL4Y(,T$TY(0&?5&%dT(3%K%(X#&6"5%(A*&(00A(D%?5&A"(E0-$%&(**&(QXX%6"(E**-(%-(5&(D-0%M(E0-$"(D%"-*67"(7%"(5&$525$#%%?(%&(1**",67*MM%?58A(X#&6"50&%-%&("%(0M"51*?5,%-%&T(35"(5,(%2%&%%&,(%%&(200-C%%?$(2*&(?%%-M-06%,,%&($5%(-%67","-%%A,(K58&(D%-567"(0M($%($0%?D-0%MT((L0A($%(D%1%%&,67*M,20-1%&$%(X#&6"5%(A01"(C58($%(`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

! *#!

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c3%(o56A(%&(4%-$0&6AY(9::]Y(MT(9:dT(300-($%(?%%-M?567"("%(2%-?%&D%&(E0#($%(02%-7%5$($%(1**",67*MM%?58A%(5&"%D-*"5%(2*&(?**DD%,6700?$%(80&D%-%&(%&(7#&(5&"%D-*"5%(0M($%(*-C%5$,1*-A"(C%20-$%-%&T(3%(02%-7%5$(75%?$(%-(E%?(-%A%&5&D(1%%($*"($%(2%-?%&D5&D(2*&($%(,6700?M?567"(&5%"(200-(*??%(80&D%-%&(%%&(0M?0,,5&D(K0#(K58&T(L1($5%(-%$%&(C%M**?"($%(E%"($*"(%-(%%&(20?"58$,%(?%%-M?567"(5,("0"(258X"5%&(8**-(%&(%%&($%%?"58$,%(?%%-M?567"("0"(;^(8**-T(LM($5%(1*&5%-(0&","0&$(7%"($%%?"58$,(C%-0%M,,%6#&$*5-(0&$%-E58,(%&($%($%%?"58$,%(20-15&DT((p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

(=T=T; /%-,00&?58A(0&"E5AA%?5&D,"-*8%6"(&Q%&(/LS(5,(AE*?5X56*"5%D%-567"(cZQ!(2KE(%T*TY(9:;9Y(MT(;]dT(35"("-*8%6"(5,(D%-567"(0M(7%"(2%-70D%&(2*&($%(K%?X-%$K**17%5$Y(7%"(1**",67*MM%?58A(X#&6"50&%-%&(2*&($%(80&D%-%&(%&($%(200-C%-%5$5&D(0M(%%&(*-C%5$,D%-567"(?%%-"-*8%6"(c4-*&A%&Y(9:;:Y(MT(;=;dT(>5&&%&(7%"("-*8%6"(E0-$"(%%&(?*&D$#-5D%Y(5&"%&,5%2%(%&(5&$525$#%?%(C%D%?%5$5&D(D%601C5&%%-$(1%"("*?(2*&(D-0%M,*6"525"%5"%&(cZQ!(2KE(%T*TY(9:;9Y(MT(;]dT((/LS(-567"(K567(0M(80&D%-%&Y(#5"(7%"(,.,"%%1(?%-%&(%&(E%-A%&Y(1%"(%%&(1#?"5601M?%j%(M-0C?%1*"5%AT(35%("%-1(E58,"(%-0M($*"(7%"(D**"(01(%%&(0M%%&,"*M%?5&D(2*&(M-0C?%1%&(0X(C%M%-A5&D%&T((&=T=T9 400-"-*8%6"%&(&F%"("-*8%6"(5,(D%-567"(0M(7%"(2%-70D%&(2*&($%(-%D#?5%-%("%E%-A,"%??5&D,A*&,%&($00-(7%"(0&"E5AA%?%&(2*&($%(C%-%5$7%5$(01($%%?("%(&%1%&(**&(7%"(-%D#?5%-%(*-C%5$,65-6#5"(c4-*&A%&Y(9:;:Y(MT(;=;dT((!"!"#"$ &'()*+'(,%(400-"-*8%6"%&(K58&(C%$0%?$(200-($%%?"58$,(?%%-M?567"5D%(&5%"(E%-A%&$%(80&D%-%&Y($5%(&5%"(0X(C%M%-A"(5&(,"**"(K58&(01($%(E%-A%-2*-5&D,601M0&%&"(0M("%(&%1%&T(3%(80&D%-%&(K58&(C%M%-A"(0M(7%"(2?*A(2*&(0XE%?(*-C%5$,2**-$5D7%5$(0XE%?(<-58M7%5$(0X(<C%-%5$7%5$T(b58(2%-"0&%&($00-D**&,(gg&(0X(1%%-$%-%(2*&($%(20?D%&$%(A%&1%-A%&'((- C%70%X"%(**&($%(0&$%-,"%#&5&D(01($%(&0$5D%(cC*,5,d*-C%5$,*""5"#$%,("%(0&"E5AA%?%&(- C%M%-A"%(A%#K%C%AE**17%5$Y(C%M%-A"(?00MC**&M%-,M%6"5%X(- D%-5&D%(E%-A10"52*"5%(- ?*D%("**?2**-$5D7%5$(

! *$!

q5"K0&$%-?58A(D**"(7%"(01(80&D%-%&($5%(&*(%%&(15,?#AA5&D(0M($%(*-C%5$,1*-A"(%%&(**&M*,,5&D(2*&(7#&("-*8%6"(&0$5D(7%CC%&T((L1$*"($%(200-"-*8%6"%&(D%-567"(K58&(0M(%%&(**&,?#5"5&D(0M($%(-%D#?5%-%(*-C%5$,1*-A"(%&(7%"(M%-,M%6"5%X(2*&($%(*-C%5$,1*-A"(%%&(200-&*1%($-58X2%%-(5,(5&($%(0MK%"Y(C%70-%&(80&D%-%&($5%(01(E%?A%(-%$%&($*&(00A(10%5?58A(0M(7%"(D0%$%(,M00-(D%-*A%&Y($00-(M%-,00&,<(0X(60&"%j"D%C0&$%&(01,"*&$5D7%$%&(&5%"("0"($%($0%?D-0%M(2*&($%(200-"-*8%6"%&T(3%(80&D%-%&($5%&%&(15&51**?(5&($%(10D%?58A7%5$("%(K58&(01(%%&(*-C%5$,1*-A"D%-567"("-*8%6"(**&("%(D**&Y(E*"($#,(%%&(*XC*A%&5&D(%&(2%-C58K0&$%-5&D(2*&(7%"($0%?M#C?5%A(&0$5D(1**A"(c3%(o56A(%&(4%-$0&6AY(9::]Y(MT(9:dT(3%(-%$%&(200-(%%&("067(E%?(,"-5A"%(*XC*A%&5&D(2*&($%($0%?D-0%M(7%%X"("%(1*A%&(1%"($%($0%?%&($5%(5&(%%&(200-"-*8%6"(&*D%,"-%%X$(E0-$%&T(((!"!"#"# &'()-.())/0*(0%%

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c3%(o56A(%&(4%-$0&6AY(9::]Y(MT(9;dT((!"!"#"! &(%2(+3/0*%450%6(%4''+.+57(8.(0%9/00(0%:;<%4=2%(<F88(-4')%((+-.(%8'0.58.K%F%"(5&"*A%D%,M-%A(25&$"(M?**",(0M(ZQ!(K%?XT(LXE%?(A01"($%(**&C5%$%-($%(80&D%-%(7*?%&(0M(,6700?(%&(A01%&(K%(,*1%&(&**-(ZQ!Y(0XE%?(E0-$"(%-(#5"D%?%D$(70%($%(80&D%-%(%-(A*&(D%-*A%&(cZQ!(2KE(%T*TY(9:;9Y(MT([;dT(LM($5%(1*&5%-(E%%"($%(80&D%-%(E**-($%(?06*"5%(5,T((F%"(5&"*A%D%,M-%A(2%-?00M"(,*1%&(1%"($%(200-"-*8%6"**&C5%$%-Y($%("-*8%6"C%D%?%5$%-(%&($%(80&D%-%T(S58$%&,(7%"(5&"*A%D%,M-%A(E0-$"(7%"(200-"-*8%6"(200-D%,"%?$(%&(E0-$"(%-(K02%%?(10D%?58A(M-*A"5,67%(5&X0-1*"5%(D%D%2%&(cZQ!(2KE(%T*TY(9:;9Y(MT(O[dT(S58$%&,($5"(D%,M-%A(E0-$"(%-(D%2-**D$(&**-($%(,6700?6*--5r-%Y($%("7#5,,5"#*"5%Y(70%(758VK58(K58&("-*8%6"(K%?X(K5%"Yk(%N'./45./(%'B%.(%3'B(0K%%ZQ!("-*67"(K02%%?(10D%?58A(5&("%(,M%?%&(0M($%(5&"%-%,,%,(2*&($%(80&D%-%&(%&(M-0C%%-"($%(5&,"*M$-%1M%?(K0(?**D(10D%?58A("%(70#$%&(200-(7%&T(@*&&%%-(80&D%-%&(*XE%K5D(K58&Y(,"##-"($%(200-"-*8%6"C%D%?%5$%-(%%&(,1,(0X(C%?"($5%($%(80&D%-%&(0M(cZQ!(2KE(%T*TY(9:;9Y(MT(O\dT(Z0&D%-%&($5%(1%%-($*&(258X(A%%-(0&E%""5D(*XE%K5D(K58&(E0-$%&(&**-(%%&(/LS(0X(&**-(%%&(*&$%-("-*8%6"($00-2%-E%K%&T(((O0-,()(0%',%6(%/0.(+(--(-%450%6(%7'0*(+(0K%%ZQ!(C%,"%%$"(2%%?(**&$*67"(**&(7%"(6-%l-%&(2*&(%%&(**&C0$($*"(5&,M%%?"(0M($%(?%%XE%-%?$(2*&($%(80&D%-%&(1%"(%%&(20-15&D,**&C0$($*"(K58(**&"-%AA%?58A(25&$%&(cZQ!(2KE(%T*TY(9:;9Y(MT(O^dT(3%(5&,"%%A(&**-(E%-A(C?58X"(,"%%$,(**&E%K5D(cZQ!(2KE(%T*TY(9:;9Y(MT([:dT()*&D%K5%&(7%"(200-*?(D-0%M,"-*8%6"%&(K58&Y(E0-$"(%-(&**-(D%1%%&,67*MM%?58A%(5&"%-%,,%,(D%K067"T(Q-(E0-$"(K0E%?(5&D%,M%%?$(0M($%(5&"%-%,,%,(2*&(80&D%&,(*?,(2*&(1%5,8%,T(F%"(D**"(75%-C58(K0E%?(01($%(5&2#??5&D(2*&(20-15&D%&Y(1**-(%2%&D0%$(01($%(5&A?%$5&D(2*&(7%"(?0A**?T((((- P'+B/0*-5509'6K%%

3%(*6"525"%5"%&(C5&&%&(%%&(200-"-*8%6"(K58&(*-C%5$,D%-567"(%&(7%CC%&($%(C%$0%?5&D($%(A%&&5,(2*&($%(*-C%5$,1*-A"(C58($%(80&D%-%&("%(2%-70D%&(0X(*-C%5$,D%-567"%(601M%"%&"5%,(**&("%(?%-%&(cZQ!(2KE(%T*TY(9:;9Y(MT([]dT(F%"(D**"(C58200-C%%?$(01(D-0%M,$.&*15,67%<(%&(2%-"-0#E%&,,M%?%&Y(,*1%&E%-A5&D,0M$-*67"%&Y(%?A**-(%2*?#%-%&(5&(D-0%MY(5&X0-1*"5%(0MK0%A%&Y(C%$-58X,C%K0%A%&Y(E%-A%-2*-5&DY(601M%"%&"5%(C%20-$%-%&$%(M-08%6"%&(%&(20-15&D(-0&$(,0??565"*"5%(%&($%(*-C%5$,1*-A"T()?D%1%&%("7%1*_,(%&(20-15&D%&(E0-$%&(25*(2%-,675??%&$%(1%"70$5,67%(15$$%?%&(K0*?,(M-08%6"E%-AY(E0-A,70M,Y(6#-,#,,%&(%&(D-0%M,D%,M-%AA%&(**&D%C0$%&(cZQ!(2KE(%T*TY(9:;9Y(MT([OdT(3%(1%%,"%(M-08%6"%&(C*,%-%&(K567(0M(%-2*-5&D,?%-%&(cZQ!(2KE(%T*TY(9:;9Y(MT([]dT(F0%(D-0"%-($%(M-*A"5,67%(C-#5AC**-7%5$Y(70%(,&%??%-(80&D%-%&(02%-"#5D$(K58&(2*&(7%"(&#"(2*&($%(20-15&DT((4%-$%-(200-K5%"(ZQ!(5&(*XE5,,%?5&D(5&($%(20-15&D,1%"70$5%A%&Y(1*A%&(K%(5&"%-*6"5%(10D%?58A(%&(D%2%&(K%($%(80&D%-%&($%(10D%?58A7%5$(01(C#5"%&("%(D**&(*?,(K%(&5%"(1%%-(A#&&%&(,"5?K5""%&T((

! *%!

(- ?(-,+(33(0%%

G%,M-%AA%&(20-1%&(gg&(2*&($%(1%%,"(6-#65*?%(5&,"-#1%&"%&(cZQ!(2KE(%T*TY(9:;9Y(MT([PdT(b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cZQ!(2KE(%T*TY(9:;9Y(MT(^;dT(Q&A%?(5&(6-5,5,,5"#*"5%,(0X($00-(#5"$-#AA%?58A%(2-**D(2*&($%("-*8%6"C%D%?%5$%-(25&$%&(%-(D%,M-%AA%&(1%"(7%"(&%"E%-A(M?**",T(( (Q-(K58&(&*"##-?58A(00A(5&X0-1%?%(D%,M-%AA%&($5%(K0E%?(5&(D-0%M(*?,(5&$525$#%%?(M?**",25&$%&(cZQ!(2KE(%T*TY(9:;9Y(MT(^9dT(W&X0-1%?%(D%,M-%AA%&(K58&(10%5?58A(200-*X("%(,"#-%&Y(1**-(K58&(2**A(C%?*&D-58A(200-(7%"(0&"E5AA%?%&(2*&(%%&(2%-"-0#E%&,C*&$(%&(1*A%&(&%"(K0*?,(X0-1%?%(D%,M-%AA%&(0&$%-$%%?(#5"(2*&($%(D%C0$%&(60*675&DT((

(- <5B(02(+3/0*K%%

Q-(5,(,*1%&E%-A5&D(1%"(7%"(&%"E%-A(2*&($%(80&D%-%T(3%(C%"-0AA%&7%5$(%&(,"%#&(2*&($%(0#$%-,(0X(-%X%-%&"5%M%-,00&(2*&($%(80&D%-%&(5,(%&0-1(C%?*&D-58AT(L#$%-,(E0-$%&(K02%%?(10D%?58A(C%"-0AA%&(C58(7%"(M-06%,(2*&($%(80&D%-%Y(K0E%?(0M(101%&"%&($*"(7%"("-*8%6"(M0,5"5%X(2%-?00M"(*?,(0M(101%&"%&($*"(7%"(10%5?58A%-(D**"(cZQ!(2KE(%T*TY(9:;9Y(MT(^]d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aM-0X%,,50&%?%&_(E0-$"(7%"(20?D%&$%(C%$0%?$'(,6700?Y(**&C5%$%-,(2*&(7%"(200-"-*8%6"(%&(7%"(Bp>(cZQ!(2KE(%T*TY(9:;9Y(MT(P:dT(Q-(A#&&%&(511%-,(00A(2%%?(*&$%-%(0-D*&5,*"5%,(C%"-0AA%&(K58&(C58(7%"("-*8%6"(K0*?,(>%D%?%5$(b%?X,"*&$5D(@0&%&Y(7%"(B015"g(>58K0&$%-%(Z%#D$K0-DY(7%"(Z)BY(60&,#?%&"%&(2*&($%(8%#D$-%67"C*&AY($%(,M58C%?M0?5"5%Yk(F%"(5,(C%?*&D-58A($*"(%-(1%"($%K%(*6"0-%&(E0-$"(D%6011#&56%%-$(cZQ!(2KE(%T*TY(9:;9Y(MT(P=dT(W&($%(1*"%(2*&(7%"(10D%?58A%(E0-$"($%(80&D%-%(75%-C58(K%?X(C%"-0AA%&T(Q-(E0-$"(5&(%?A(D%2*?($#5$%?58A(D%1**A"(E%?A%(5&X0(**&(E5%($00-D%D%2%&(E0-$"T(F%"(5,(200-*?($%(,6700?($5%(5&,"**"(200-($%(60&"*6"%&(1%"(*&$%-%(M-0X%,,50&%?%&T(3%(*X,"%115&D(1%"(,670?%&(%&($%(*X,M-*A%&(02%-(6011#&56*"5%(,M%?%&($*&(00A(%%&(C%?*&D-58A%(-0?T(F%"(*?"%-&%-5&D,M?*&(5,($**-5&(%%&(C%?*&D-58A(5&,"-#1%&"T((3%(,670?%&(E**-1%%(ZQ!(G%&"(,*1%&E%-A"(K58&'(6%&"-#1(200-(?%-%&(%&(E%-A%&(G%&"(cBp@dY(6%&"-#1(200-(?%-%&(%&(E%-A%&(L0,"*AA%-Y(6%&"-#1($%%?"58$,(0&$%-E58,(3%(o0"0&$%(G%&"(cB3Ld(%&(6%&"-#1($%%?"58$,(0&$%-E58,(3%(o0"0&$%(L0,"*AA%-T((S0"(,?0"(5,(%-(00A(,*1%&E%-A5&D(1%"(7%"(&%"E%-A(2*&($%(0-D*&5,*"5%T(3%(#5"C0#E(2*&(%%&(-#51%-(&%"E%-A(1%"(0-D*&5,*"5%,(5&($%(-%D50(5,(00A(C%?*&D-58A(01(1%%-(10D%?58A7%$%&("%(200-K5%&(0M(1**"(2*&($%(80&D%-%&(cZQ!(2KE(%T*TY(9:;9Y(MT(P\dT(35"(5,(K0E%?(C%?*&D-58A(200-($%(20-15&D,*6"525"%5"%&(*?,(200-(%2%&"#%?%($00-2%-E58K5&D%&T((

&!"!"#"1 >504(+250.(%'+*50/-5./(-%/0%?(0.%

• G-0#M(W&"-0'($%K%(0-D*&5,*"5%(7%%X"(00A(%%&(200-"-*8%6"($*"(So)4)`(7%%"(c3%(,065*?%(A**-"Y(,T$TY(0&?5&%dT(4%-$%-(0-D*&5,%-%&(K%(M%-,00&?58A%(0&"E5AA%?5&D,"-*8%6"%&Y("51%<0#"M-08%6"%&(%&(20-15&D,*6"525"%5"%&(C5&&%&($%(2-58%("58$T((

• B34(p%80'($%K%(0-D*&5,*"5%(C%D%?%5$"(80&D%-%&(5&(%%&(M%-,00&?58A(0&"E5AA%?5&D,M?*&T(

!"!"#"@ >A-,+53(0%'B.+(0.%258C.)/7-.D%6''+-.+''B%(0%B5E/BFB%550.5)%7'0*(+(0%,(+%*+'(,%(3%K%(5&X0-1*"5%(2%-A-%%D(5A($00-(%%&(D%,M-%A(1%"(158&(,"*D%1%&"0-(@5%,(p%.,%&(0M(=:T;;T9:;9T((LM($%(E*67"?58,"(E0-$%&(80&D%-%&(**&D%1%?$($00-(G-0%M(W&"-0(0X(25*(,670?%&(E**-(ZQ!(G%&"(1%%(,*1%&E%-A"T(300-(%%&(0&$%-?5&D%(02%-%%&A01,"("#,,%&($%(,670?%&(E%-$(C%,?5,"($*"(]9s(2*&($%(**&1%?$5&D%&(2*&(7%"(Bp@(E0-$%&(0MD%&01%&(5&(QXX%6"(%&($*"(%-(\^s(2*&($%(**&1%?$5&D%&(E0-$%&(

! *&!

0MD%&01%&(2*&(3%(o0"0&$%T()*&D%K5%&(%-(1*j51#1("5%&(80&D%-%&(5&($%(D-0%M(E0-$%&(0MD%&01%&Y(A01"(7%"(%-(5&($%(M-*A"58A(0M(&%%-($*"(258X(80&D%-%&(2*&(7%"(Bp@(E0-$%&(0MD%&01%&(%&(258X(80&D%-%&(2*&(3%(o0"0&$%T(35"(K0E%?(5&($%(1**&$*D<($5&,$*DD-0%M(*?,(5&($%($0&$%-$*D<(2-58$*DD-0%MT(3%(-%D%?($5%(C%M**?"($*"(%-(1*j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c4-*&A%&Y(9:;:Y(MT(;=;dT((F%"(5,($#,(%%&(20-1(2*&(0M?%5$5&D(0M($%(E%-A2?0%-(*?,(,67*A%?("#,,%&(0M?%5$5&D(%&(*-C%5$,1*-A"Y(E**-C58(7%"(*66%&"(?5D"(0M(7%"(2%-$%-(0&"E5AA%?%&(2*&(*-C%5$,2**-$5D7%$%&(cI0-%%?Y(9::^Y(MT(9[dT((3%($0%?D-0%M(2*&($%K%(M-08%6"%&(C%,"**"(#5"(80&D%-%&($5%(*-C%5$,C%-%5$(K58&Y(1**-(7#&(*-C%5$,D%-567"%(*""5"#$%,(%&(2**-$5D7%$%&(&0D(2%-$%-(10%"%&(0&"E5AA%?%&T(3%K%(80&D%-%&(7%CC%&(&00$(**&(0M?%5$5&D(%&(C%15$$%?5&D(%&(00A(**&(D%,"-#6"#-%%-$%(0M2*&D(%&(C%D%?%5$5&DY(200-*?%%-(K58("0%(K58&(**&(-%D#?5%-%("%E%-A,"%??5&D(cL&$%-E58,(4?**&$%-%&Y(9:;9Y(0&?5&%dT((&=T=T\ S51%<0#"(M-08%6"(&Q%&("51%<0#"(5,(%%&("58$%?58A%(#5","*M(#5"(7%"(0&$%-E58,,.,"%%1(25*(%%&(,6700?2%-2*&D%&$(M-0D-*11*T(c3%(o56A(%&(4%-$0&6AY(9::]Y(MT(9:dTS51%<0#"M-08%6"%&(M-0C%-%&(5&("%(,M%?%&(0M(%%&(,M%65X5%A(M-0C?%%1(cZQ!(2KE(%T*TY(9:;9Y(MT(;]d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cL&$%-E58,(4?**&$%-%&Y(9:;9Y(0&?5&%dT((&F%"($%6-%%"(C%,"**"(#5"(%%&(**&"*?($#5$%?58A%($0%?,"%??5&D%&'(K02%%?(10D%?58A(80&D%-%&(5&(%%&(20?"58$,(%&D*D%1%&"Y(%%&(?%%-"-*8%6"(0M(1**"(2*&(%?A%(80&D%-%Y(%%&(20?E**-$5D%(AE*?5X56*"5%(200-(%?A%(80&D%-%Y(D%AE*?5X56%%-$%(#5","-001(%&($00-,"-001(&**-($%(*-C%5$,1*-A"(%&(*X,"%115&D("#,,%&(3>!LY($%(?%%-"58$(%&($%(B%&"-*(200-(3%%?"58$,%(40-15&D(cB34dT(c4-*&A%&Y(9:;:Y(MT(;=;dT(

(3%(-%*?5"%5",K5&(2*&($5"($%6-%%"(C?58A"(#5"($%(2*-5*"5%(2*&(10D%?58A7%$%&(0M(2?*A(2*&(E%-AM?%A?%-%&'((- )-C%5$,$%%?&*1%((

• o%D#?5%-%Y(*?($*&(&5%"(C%K0?$5D$%("%E%-A,"%??5&D(60&X0-1(%%&(02%-%%&A01,"(0M(D-0&$(2*&(E%"Y($%6-%%"Y(0X(C%,?#5"(

! *'!

• Q%&(,M0-"(D%-%?*"%%-$%(0M?%5$5&D(c$#5$%?58A%(C%-0%M,AE*?5X56*"5%Y(D%0-D*&5,%%-$(5&(02%-?%D(1%"(%&(&*(X0-1%?%(5&,"%115&D(2*&(%%&(%-A%&$%(,M0-"X%$%-*"5%d((

• 4-58E5??5D%-,E%-A(K0*?,(C58(E%"(C%M**?$(• F%"("58$%?58A(20?D%&(2*&(%%&(C58A01%&$%(0M?%5$5&D(0X(6#-,#,($5%(,M%65X5%A(D%-567"(5,(0M(7%"(2%-70D%&(

2*&($%("%E%-A,"%??5&D,M%-,M%6"5%2%&(0X(5&K%"C**-7%5$(0M($%(*-C%5$,1*-A"(• F%"(2%--567"%&(2*&(6#?"#-%?%Y(,065*?%(0X(,M0-"*6"525"%5"%&(D%0-D*&5,%%-$($00-(%%&(02%-7%5$,5&,"*&"5%(

0X(%-A%&$(&*1%&,(%%&(02%-7%5$((- >-#DM-08%6"(c%%&(0M?%5$5&D,2%-D0%$5&Dd((- 400-"-*8%6"(c1%"(0&A0,"%&2%-D0%$5&Dd((- /%-,00&?58A(0&"E5AA%?5&D,"-*8%6"(c;=Y(;]Y(0X(9^(#-%&(K0&$%-(2%-D0%$5&Dd(

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b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

! *(!

F%"(,M*&&5&D,2%?$("#,,%&(8%#D$E%-A(%&($%%?"58$,(0&$%-E58,(5,(5&($5"(700X$,"#A(00A(2%-$%-(0M($%(200-D-0&$(D%"-%$%&T(400-"-*8%6"%&(E0-$%&(511%-,(D%,#C,5$5%%-$($00-($%(35%&,"(>%-0%M,0&$%-E58,Y(1**-($%(C%-0%M,A-*67"%&(K58&(1**",67*MM%?58A(*,,5,"%&"%&(%&(7%"(20-15&D,**&C0$(A01"(D%$%%?"%?58A(02%-%%&(1%"(7%"(20-15&D,**&C0$($*"(D%7*&"%%-$(E0-$"(C5&&%&(7%"(8%#D$E%-AT(35"(,M*&&5&D,2%?$(K0-D"(C02%&$5%&(200-(2%-E*--5&D(%&(10%5?58A7%$%&(C58(K0E%?($%(80&D%-%&(*?,(C58($%(C%D%?%5$%-,T((&&T0 )/7&P/*-%$/#6&

&T04 'B<=ARABC&(35"(700X$,"#A(,67%","(7%"($%%?(2*&($%(D%,675%$%&5,(2*&(7%"(8%#D$E%-A($*"(C%"-%AA5&D(7%%X"(0M(7%"(,M*&&5&D,2%?$T()*&($%(7*&$(2*&($%K%(D%,675%$%&5,(E0-$"(D%+??#,"-%%-$(70%($%(,M*&&5&D("#,,%&(2-58E5??5D%($%%?&*1%(%&(2%-M?567"%($%%?&*1%(5&(7%"(8%#D$E%-A(**&E%K5D(5,T(WA(K*?(00A(ZQ!(2KE(**&($%K%(D%,675%$%&5,(%&(**&($5"(,M*&&5&D,2%?$(?5&A%&T(((T01 %=&?@D9@&&

&W&($%(&%D%&"5%&$%(%%#E(5,(>%?D5l(D%+&$#,"-5*?5,%%-$(c>0#67*#"%Y(4*&($%(@*??%(%&(4%-C5,"Y(9::;Y(MT(;9d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a8%#D$?*&$_(?%5$"(00A("0"(*M*-"%(C%E%D5&D%&(200-($%(8%#D$(c>0#67*#"%Y(4*&($%(@*??%(%&(4%-C5,"Y(9::;Y(MT(;=dT(F5%-$00-(E0-$%&(80&D%-%&($5%(2*&*X(;\(8**-(D**&(E%-A%&(00A(*?,(*$0?%,6%&"(C%,670#E$Y(E**-$00-(K%(&5%"($%K%?X$%(200-E**-$%&(A-58D%&(*?,(%%&(20?E*,,%&(E%-A&%1%-(c>0#67*#"%Y(4*&($%(@*??%(%&(4%-C5,"Y(9::;Y(MT(;\dT(Z0&D%-%&(A01%&(5&(%%&(,5"#*"5%(2*&(0&20?E**-$5D7%5$("%-%67"T(35"("%-E58?(80&D%(*-C%5$%-,(%%&(M**-($%6%&&5*(200-7%%&(&0D(%%&(#5"K0&$%-?58A%(E**-$%(7*$$%&Y(*?(E*,(7%"(1**-(01E5??%(2*&($%(X.,5%A%(A-*67"T(()-C%5$%-,(?%-%&(00A(7%"(C%D-5M(2-58%("58$(A%&&%&($*&AK58($%(5&20%-5&D(2*&($%(\^<#-%&(E%%A(5&(;P9;T(35"(5,(%%&(C%?*&D-58A(D%D%2%&(200-(7%"(8%#D$E%-AT((((4*&#5"(7**-(*XA%%-(2*&(K0E%?($%(*-5,"06-*"5,67%($%6*$%&"5%(*?,($%(?%2%&,E58K%(2*&($%(E%-A1*&Y(D**"($%(15$$%&A?*,,%(%%&(%5D%&(6#?"##-(0MC0#E%&(c>0#67*#"%Y(4*&($%(@*??%(%&(4%-C5,"Y(9::;Y(MT(;9dT(3%(#5"$-#AA5&D(a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c>0#67*#"%Y(4*&($%(@*??%(%&(4%-C5,"Y(9::;Y(MT(;9dT(b%(,"**&(0&$%-(?%5$5&D(2*&(20?E*,,%&%&'(2**A($%(M*-0675%M-5%,"%-Y(C58D%,"**&($00-(*&$%-%(D%%,"%?58A%&(%&(6-%*"5%X(5&D%,"%?$%(1*&&%&(%&(2-0#E%&(#5"($%(C#-D%-58T(((/*"-0&*"%&(K58&(0-D*&5,*"5%,(0M(M*-0675**?(2?*A($5%($%(8%#D$Y(**&2#??%&$(0M($%(E%5&5D(C%K067"%(,670?%&Y(20-15&D(D%2%&(E**-0&$%-(00A(D0$,$5%&,"(c>0#67*#"%Y(4*&($%(@*??%(%&(4%-C5,"Y(9::;Y(MT(;9dT(b%(E5??%&(00A($%(0&",M*&&5&D(2*&($%(8%#D$(0-D*&5,%-%&(01(7%&(K0("%(C%,67%-1%&("%D%&(,?%67"%(5&2?0%$%&T(3%(M*"-0&*"%&(0&"X%-1%&(K567(02%-(A5&$%-%&(%&(80&D%-%&($5%(E%D%&,($%(KE*-%(*-C%5$,C%?*,"5&D(2*&($%(0#$%-,(**&(7#&(?0"(

! *)!

02%-D%?*"%&(K58&Y(200-(K02%-(K58K%?X(&5%"(10%"%&(E%-A%&T(b%(A#&&%&(%-(,M%?%&Y(5&(%%&(200-(7%&(5&D%-567"%(-#51"%Y(20%$,%?(%&(A?%$5&D(A-58D%&T(LM20%$%&$%(?%,,%&(0M(D0$,$5%&,"5D%(C*,5,(0&$%-C-%A%&(7%"(,M%?(-%D%?1*"5DT(((W&($%(?00M(2*&($%(9:,"%(%%#E(?0M%&($%(?%$%&**&"*??%&(2*&($%(M*"-0&*"%&("%-#D(c>0#67*#"%Y(4*&($%(@*??%(%&(4%-C5,"Y(9::;Y(MT(;\dT(Z0&D%-%&(A01%&(&5%"(K0(1*AA%?58A(1%%-(*X(0M(7%"(K0-D**&C0$(%&($%(70D%-%(,"*&$%&(,67-0%2%&(7#&(X5&*&65l?%(5&C-%&D("%-#DT(3**-01($0%&(1%%-(%&(1%%-(M*"-0&*"%&(C%-0%M(0M(80&D%-%&(200-($%(?%5$5&DT(b0(D-0%5"(%%&($%%?(2*&($%(M*"-0&**",C%E%D5&DY(&*1%?58A($%(0&",M*&&5&DY(#5"("0"(B75-0T(Z0&D%-%&(0-D*&5,%-%&(%-(K%?X($%(2-58%"58$,C%,"%$5&D(2*&($%(8%#D$T(F%"(K0-D**&C0$(2*&($%(M*"-0&**",C%E%D5&D(E0-$"(D%$%%?"%?58A(0MD%&01%&(C5&&%&($%(8%#D$C%,67%-15&D(%&(D%-%D%?$(25*($%(%%-,"%(E%"(0M(A5&$%-C%,67%-15&D(2*&(;P;9T(((T0T %ANN=9=B@AD@A=&AB&M=@&K=ICRJ=9G&()*&D%K5%&(7%"(8%#D$E%-A(&5%"(1%%-(7%"(10&0M0?5%(7%%X"(02%-($%(2-58%"58$,C%,"%$5&D(2*&($%(8%#D$Y(C%K5&"(7%"(02%-($%(X0-1#?%(8%#D$C%E%D5&D(c>0#67*#"%Y(4*&($%(@*??%(%&(4%-C5,"Y(9::;Y(MT(;[dT(W&($%(8*-%&(258X"5D(-567"(1%&(K567(0M($%(&5%"<C%-%5A"%Y(K567(2%-2%?%&$%(1*,,*8%#D$T(3%(**&$*67"(D**"(200-*?(#5"(&**-($%(0&D%,6700?$%(1*,,*8%#D$T(Q-(0&","**"($5XX%-%&"5*"5%(5&(7%"(8%#D$E%-AT(Q-(E0-$%&(5&5"5*"5%2%&(0MD%C0#E$(01($%(1*,,*8%#D$(0M("%(2*&D%&(%&("%(C%D%?%5$%&(5&(%%&(K5&20??%(2-58%"58$,C%,"%$5&DT(Q-(E0-$"(00A(&*D%$*67"(%&(D%lj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q5"%5&$%?58A(2%-?5%,"(7%"(8%#D$E%-A("067(E*"(2*&(7**-(1**",67*MM%?58A%(-%?%2*&"5%T(F%"(7%%X"(&5%"(?*&D%-(*?,(%&5D%($%(-0?(2*&(,065*?5,*"0-Y(7%"(5,(K58&(200-"-%AA%-,-0?(*?,(200-C%-%5$5&D(0M(7%"(?*"%-%(?%2%&(AE58"T(F%"(0&$%-E58,(,M%%?"(&#($5%(-0?T((((T0U K=ICRJ=9G&D<?&AB@=9E=B@A=R:>=AB&EDB&R=&E=9Z:9CABC??@DD@&&(4*&*X($%("E%%$%(E%-%?$00-?0D(C%700-"(7%"(8%#D$E%-A("0"(7%"(5&"%-2%&"5%$01%5&(2*&($%(>%?D5,67%(2%-K0-D5&D,,"**"(c>0#67*#"%Y(4*&($%(@*??%(%&(4%-C5,"Y(9::;Y(MT(;^dT(3%(*$15&5,"-*"5%(0M(?*&$%?58A(2?*AY(7%"(>%,"##-(200-(Z%#D$E%-AY(5,(C58K0&$%-(*6"5%XT(b%(,67-58X"(2%-,675??%&$%(,#C,5$5%-%D?%1%&"%&(#5"(%&(,"%?"($5%(200-"$#-%&$(C58'($%("58$%?58A7%5$(%-2*&(5,(7%"(#5"D*&D,M#&"T(F%"(%&5D%($##-K*1%(E%"D%2%&$%(E%-A(#5"($5%(M%-50$%(5,(7%"($%6-%%"(0M(?*&$%?58A(8%#D$E%-A(2*&(;P[]T(3**-$00-(A#&&%&(0-D*&5,*"5%,($5%(**&(%%&(**&"*?(6-5"%-5*(20?$0%&(K0*?,(5&(15&,"%&,($-5%(M-025&65%,(E%-A%&Y(-%A%&%&(0M(,#C,5$5l-5&DT((ZQ!(2KE(*?,(?*&$%?58A%(8%#D$2%-%&5D5&D(5,(D%2%,"5D$(5&(>-#,,%?Y()&"E%-M%&(%&(G%&"T((&T03 %=&K=ICRF=9A:R=&D<?&@:=<=ARABC?>:9D@:9AI>&(3%(0?5%6-5,5,(5&(;P[=(%&($%(01,?*D(&**-(%%&(A%&&5,1**",67*MM58(E58K5D$%&($%("-*$5"50&%?%("-*8%6"%&(2*&(80&D%-%&(&**-(K%?X,"*&$5D7%5$(c4%-,67%?$%&Y(9::9Y(MT(9;dT(Q%&(**&"*?(200-C%%?$%&'((- 3%(601C5&*"5%(2*&(%%&(70D%(8%#D$E%-A?00,7%5$(%&($%(&00$K**A("0"(C%K#5&5D5&D%&(0M($%(

02%-7%5$,#5"D*2%&(?%5$$%&("0"(C%?*&D-58A%(5&D-%M%&(5&($%(-%?*"5%("#,,%&(80&D%-%&(%&($%(*-C%5$,1*-A"T(4%-,675??%&$%(C%?%5$,1**"-%D%?%&(<(1%"(*?,(C%?*&D-58A,"%($%(2%-?%&D5&D(2*&($%(?%%-M?567"(5&(;P^=(<(,"##-$%&(**&(0M(%%&(K0(?**"(10D%?58A(5&"-%$%(2*&(80&D%-%&(0M($%(*-C%5$,1*-A"T((

- L0A($%(**-$(2*&($%("%E%-A,"%??5&D(2*&(80&D%-%&(2%-*&$%-$%T(F#&("%E%-A,"%??5&D(A-%%D(5&(C%?*&D-58A%(1*"%(%%&(0M?%5$5&D,A*-*A"%-T()*&($5%("%E%-A,"%??5&D(E%-$(%%&(0M?%5$5&D,A*-*A"%-(D%A0MM%?$(25*(,"*D%60&"-*6"%&(0X(601C5&*"5%,(2*&($%%?"58$,(E%-A%&(%&($%%?"58$,(?%-%&T((

- 3%("%E%-A,"%??5&D(2*&(80&D%-%&(A-%%D(%%&("0%&%1%&$("58$%?58A(A*-*A"%-T(W&D-%M%&(5&($%(5&A01%&,200-K5%&5&D%&(200-(80&D%-%&(E58K5D$%&($%("-*$5"50&%?%("-*8%6"%&(&**-(K%?X,"*&$5D7%5$(2*&(80&D%-%&T((

((4*&*X($%(8*-%&("*67"5D(E0-$"($%(8%#D$M%-50$%(D%K5%&(*?,(%%&("0%?%5$5&D,10-*"0-5#1T(W&($%K%(C%&*$%-5&D(E0-$"(%-2*&(#5"D%D**&($*"($%(5$%&"5"%5",20-15&D(2*&($%K%(80&D%-%&(10%5?58A(?0,(A*&(E0-$%&(D%K5%&(2*&(7#&(1**",67*MM%?58A%(M0,5"5%Y(7#&(M0,5"5%(0M($%(*-C%5$,1*-A"T(3%K%(M0,5"5%2%-E%-A5&D(E0-$"(M-50-5"*5-(D%,"%?$("T0T2T($%(0MD*2%(2*&(5$%&"5"%5",20-15&DT(F%"(A%&1%-A(2*&($5"(M*-*$5D1*(?5D"(5&(7%"(,"-%2%&(&**-(%%&(

! "+!

20?E**-$5D%(C%-0%M,AE*?5X56*"5%(%&(%%&(20?E**-$5D%(C**&T(Z0&D%-%&(E0-$%&(5&($%K%(C%&*$%-5&D(200-&*1%?58A(D%K5%&(*?,(?%-%&$%(%&(K567(0-5l&"%-%&$%(C#-D%-,T((3%K%(E58K5D5&D%&(K58&("%(2*""%&(5&(%%&($#CC%?%(C%E%D5&D'($%(7%-0-5l&"%-5&D(2*&(7%"(8%#D$C%?%5$(2*&(%%&(02%-E%D%&$(M,.670<,065*?%(%&(E%?K58&,D%-567"%(C%&*$%-5&D(&**-(%%&(,065**?<%60&015,67%(C%E%D5&D(c4%-,67%?$%&Y(9::9Y(MT(99d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c4%-,67%?$%&Y(9::9Y(MT(99dT(W&"%&,5%2%(,"#$5%<(%&(C%-0%M,A%#K%C%D%?%5$5&DY(200-"-*8%6"%&Y(0-5l&"*"5%,(%&(,"#$5%*$25%K%&(10%"%&(80&D%-%&(7%?M%&(C58(7%"(1*A%&(2*&(7#&(A%#K%T(F%"($0%&(%&(?*"%&(2*&(80&D%-%&(E0-$"(D%10$%??%%-$(&**-($%(7#1*&<6*M5"*?<"7%0-.(%&($%(-*"50&*?<67056%("7%0-.(E**-C58(80&D%-%&(2%%?(1%%-(**&D%,M-0A%&(E0-$%&(*?,("0%A01,"5D%(C%"-%$%-,(2*&($%(*-C%5$,1*-A"T(((3%(**&$*67"(2%-,67#5X"(2*&(D%?58A7%5$(2*&(A*&,%&(&**-(%%&(C%&#""%&(2*&(**&E%K5D%(A*&,%&(c4%-,67%?$%&Y(9::9Y(MT(9\<9]dT(F%"(8%#D$C%?%5$(*?,(7%-2%-$%?5&D,C%?%5$(A-58D"(5&($%K%(0&"E5AA%?5&D%&(%%&(,M%65X5%A%(5&2#??5&D($00-$*"($%(**&$*67"(E0-$"(D%-567"(0M($5%(80&D%-%&($5%(&5%"($%(&0$5D%(601M%"%&"5%,(200-7*&$%&(7%CC%&(01($%(D%,"%?$%(0MD*2%&(**&("%(A#&&%&T(B0&6-%%"(C%"%A%&"($5"($*"(7%"(8%#D$C%?%5$(&*$-#AA%?58A%-(E0-$"(D%0-5l&"%%-$(0M(80&D%-%&(5&(C58K0&$%-%(,5"#*"5%,(2-0%D%-(*-C%5$%-,80&D%-%&Y(&#(A*&,*-1%Y(1**",67*MM%?58A(AE%",C*-%(0X(?**DD%,6700?$%(80&D%-%&(D%&0%1$T(Q-(K58&(75%-200-(2%-,675??%&$%(00-K*A%&(K0*?,(%60&015,67%(10"5%2%&(c%XX%6"5%2%(%&(%XX565l&"%(5&K%"(2*&(,67**-,%(15$$%?%&dY(%"75,67%(10"5%2%&(c,0?5$*-5"%5"(1%"($5%D%&%&($5%($%(15&,"%(1**",67*MM%?58A%(A*&,%&(A-%D%&dY(M0?5"5%A%(10"5%2%&(cC%,67%-15&D(2*&($%(1**",67*MM58("%D%&(M0"%&"5l?%($%?5&t#%&"5%d(%&(M-0X%,,50&%?%(10"5%2%&(c"0%D*&D("0"(&5%#E%(6?5l&"%&D-0%M%&dT(((T08 )=@&K=ICRJ=9G&EDB&BI[&;=<=AR?B:@D&K=ICR&1VVQ&\&1V4T&

&WA(7%C($%(C%?%5$,&0"*(8%#D$(9::P(u(9:;\(D%7*&"%%-$(01($5"($%%?700X$,"#A(#5"("%(,67-582%&T(((/*,6*?(!1%"(E5?(%%&(0XX%&,5%X(8%#D$C%?%5$(20%-%&Y($00-(A5&$%-%&(%&(80&D%-%&(**&("%(,M-%A%&(0M(7#&("*?%&"%&(5&(M?**",(2*&(0M(7#&("%A0-"A015&D%&Y($00-(A5&$%-%&(%&(80&D%-%&(-#51"%("%(C5%$%&(01(601M%"%&"5%,("%(0&"E5AA%?%&($5%(200-(7#&(2%-$%-%(?%2%&(C%?*&D-58A(K58&T(Q%&(C58K0&$%-%(**&$*67"(D**"($**-C58(#5"(&**-(A*&,%&D-0%M%&T(F%"(8%#D$E%-A(A*&(75%-(%%&(?*C0-*"0-5#1(K58&(200-(%jM%-51%&"%&(E**-(5&(0&$%-E58,(%&(E%-A(15&$%-(-#51"%(200-(5,T((>02%&$5%&(E5?(!1%"($%(,*1%&E%-A5&D("#,,%&(6#?"##-Y(0&$%-E58,Y(E%-A(%&(E%?K58&(2%-,"%-A%&(0M(7%"(2?*A(2*&(7%"($%"%6"%-%&(%&(0&"E5AA%?%&(2*&(2**-$5D7%$%&(2*&(A5&$%-%&(%&(80&D%-%&T(F58(E5?(00A(7%"(%&D*D%1%&"(2*&(?%%-?5&D%&(C5&&%&($%(,6700?(c2CT(5&($%(?%%-?5&D%&-**$d(%&(C#5"%&($%(,6700?(c2CT(5&($%(8%#D$C%E%D5&Dd(%j"-*(**&$*67"(D%2%&T(F58(E5?($5"(C58200-C%%?$($0%&($00-(-#51"%("%(D%2%&(**&(5&"%&,5%2%(20-15&D,"-*8%6"%&($5%(**&,?#5"%&(C58($%(&00$(**&(%%&(?*&D$#-5D%("51%<0#"(2*&(,6700?10%l(80&D%-%&(%&(7%"(0&"E5AA%?%&(2*&(%%&(20-1(2*&(%-A%&&5&D(2*&($%K%("-*8%6"%&T(Q&($00-(C58200-C%%?$($%(%-A%&&5&D(2*&(601M%"%&"5%,(2%-E0-2%&(5&($%(2-58%("58$(c8%#D$E%-AY(6#?"##-(%&(,M0-"d("%(A0MM%?%&(**&($%(4?**1,%(`E*?5X56*"5%,"-#6"##-(5&(X#&6"5%(2*&(7%"(,"51#?%-%&(2*&(?%2%&,?*&D(%&(?%2%&,C-%%$(?%-%&(%&($%(-%*?5,*"5%(2*&(7%"(M%-,00&?58A(0&"E5AA%?5&D,M?*&T(4%-$%-(K*?($%(-%D%?D%25&D(1TCT"T(7%"(#5"-%5A%&(2*&(*""%,"%&(5&(7%"(8%#D$E%-A(D%l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l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

! "*!

40?D%&,(!1%"(A*&(%-(D%%&(200-#5"D*&D(1%"(7%"(8%#D$C%?%5$(E0-$%&(D%C0%A"(K0&$%-(%%&($0%?"-%XX%&$%(60v-$5&*"5%(1%"(*&$%-%(,%6"0-%&T(L1D%A%%-$(A*&(5&(K58&(25,5%(7%"(8%#D$C%?%5$(00A(C58$-*D%&(**&(200-#5"D*&D(0M(D%C5%$%&(K0*?,(D%K5&,C%?%5$Y(0&$%-E58,Y(D%?58A7%5$(2*&(2-0#E%&(%&(1*&&%&Y(E%-AD%?%D%&7%5$Y(7#5,2%,"5&D(%&(D%K0&$7%5$,K0-DT(!1%"(E5?(,*1%&(1%"(*??%(*&$%-%(15&5,"%-,(#5"($%(4?**1,%(o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aA%&&5,(5,(1*67"_(6%&"-**?(%&(E%-$(7%"(15$$%?C**-(0&$%-E58,(7g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cA*$%-d20-15&D%&(%&(20-15&D%&(**&(80&D%-%&(#5"(7%"($%%?"58$,(0&$%-E58,(D%%X"(%&($**-&**,"(00A(,"*$,"-0M7._,Y($%(`#&,"C%&$%(%&(6#?"#-%?%(%2%&%1%&"%&(0-D*&5,%%-"T((4%-$%-(K5%(5A(&0D(%%&(D%?58A%&5,T(4-0%D%-(E%-$%&($%(20-15&D%&Y(D%0-D*&5,%%-$($00-(M*"-0&*"%&Y(D%D%2%&(**&(*-C%5$,80&D%-%&(01$*"($%(80&D%-%&($5%(5&(*-10%$%(?%%X$%&(1%%(2%-*&"E00-$%?58A(E*-%&(200-(7%"(D%K5&,5&A01%&T(3%K%(D%K5&&%&(C%,675A"%&(&5%"(02%-($%(15$$%?%&(01(,670?5&D("%(X5&*&65%-%&(%&(7*$$%&(&00$(**&($%(X5&*&65l?%(C58$-*D%($5%($%K%(80&D%-%(?%2%-$%T()?,(,"*D5*5-(7%C(5A(D%1%-A"($*"(%-(&0D(,"%%$,(D%K5&&%&(K58&($5%(&00$(7%CC%&(**&($%(X5&*&65l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c!065#,Y(9:;9Y(0&?5&%dT(F%"(2%-*&$%-$%($%(C*,5,%$#6*"5%T(I%"($%K%(2%-*&$%-5&D(2%-$E%%&(00A(%%&(D-00"($%%?(2*&(7%"(M0?5"5,%-%&$(A*-*A"%-(2*&($%K%(5&5"5*"5%2%&(%&(AE*1($%(&*$-#A(1%%-("%(?5DD%&(0M(AE*?5X56*"5%,T(((R%"(*?,(&*($%(0?5%6-5,5,(5,(%-(&#(<(1%"($%(%60&015,67%(6-5,5,(<(00A(%%&(70D%(8%#D$E%-A?00,7%5$T(3%(8%#D$E%-A?00,7%5$(C?58X"(2%-0&"-#,"%&$T(F%"(Qq<D%15$$%?$%(C%$-**D"(99Y](M-06%&"(%&(%&A%?(5&(L0,"%&-58AY(3#5",?*&$(%&(R%$%-?*&$(5,(15&$%-($*&(;:(M-06%&"(2*&($%(80&D%-%&(E%-A?00,(c3%(I0-D%&Y(9:;9Y(0&?5&%dT(3%(15&$%-%(60&8#&6"##-(5,(K0-DE%AA%&$(200-(80&D%-%&($5%(0M(K0%A(D**&(&**-(%%&(%%-,"%(C**&T(F%"(**&"*?(80&D%-%&(5&(C%-0%M,5&,67*A%?5&D,"58$(,"58D"(1%"(;^YP(M-06%&"(c3%(I0-D%&Y(9:;9Y(0&?5&%dT(F5%-$00-(K58&(%-(&#(2%%?(80&D%-%&($5%(E%-A%&(#5","%??%&(%&(2%-$%-(,"#$%-%&(&*(7%"(C%7*?%&(2*&(7#&(%%-,"%($5M?01*(01(0M($5%(1*&5%-($%(E%-A?00,7%5$("%(0&"?0M%&T((

! ""!

F%"(5,(00A(K0($*"("%E%-A,"%??5&D(%%&(0M?%5$5&D,A*-*A"%-(7%%X"T(W&($%(200-"-*8%6"%&($5%(ZQ!(G%&"(0-D*&5,%%-"(E0-$"(%-(C58200-C%%?$(D%E%-A"(**&(*67"(601M%"%&"5%,($5%($%(80&D%-%&(10%"%&(C%7*?%&(01("%(A#&&%&($00-,"-01%&(&**-(%%&(C-#D"-*8%6"Y(E**-C58(K%($-5%($*D%&(5&($%(E%%A(D**&(E%-A%&T((300-$*"(7%"(%60&015,67(15&$%-(D**"(%&($%(2-**D(2*&(D%K5&&%&(c60&,#1M"5%d(%&(0&$%-&%15&D%&(c5&2%,"%-5&D%&d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c8%#D$E%-AY(6#?"##-(%&(,M0-"d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b0E%?(2-0%D%-(*?,(&#(7%%X"(7%"(8%#D$E%-A(,*1%&(1%"(7%"(0&$%-E58,($%(-0?(2*&(,065*?5,*"0-T(W&($%(C%?%5$,&0"*(8%#D$(9::P(u(9:;\(E0-$"($5"($#5$%?58A(2%-1%?$'(a!1%"(E5?($%(,*1%&E%-A5&D("#,,%&(6#?"##-Y(0&$%-E58,Y(E%-A(%&(E%?K58&(2%-,"%-A%&_(%&(a3%(%-A%&&5&D(2*&($%(601M%"%&"5%,($5%(1%&,%&(25*(&5%"<X0-1%%?(%&(5&X0-1%%?(?%-%&(7%CC%&(2%-E0-2%&(A*&(511%-,(?%5$%&("0"(%%&(2?0""%-%("0%D*&D("0"(0&$%-E58,(%&(0M?%5$5&D(%&($%(?%%-<(0X(0M?%5$5&D,"-*8%6"%&(2%-A0-"%&_T((q5"(158&(%5D%&(%-2*-5&D(7%C(5A(*?(2**A(D%1%-A"($*"($%(80&D%-%&($5%(%%&(200-"-*8%6"(20?D%&Y(E%5&5D(10"52*"5%(7%CC%&(%&(,6700?10%(K58&T(F5%-5&(A*&(5A(7%"(,M*&&5&D,2%?$("#,,%&(2-58E5??5D7%5$(%&(2%-M?567"5&D(00A(7%-A%&&%&T(3%K%(80&D%-%&(K58&(511%-,(2%-M?567"(01("%(A01%&Y($00-($%(?%%-M?567"($5%(K%(7%CC%&T(3%(5&2#??5&D(2*&($%K%(200-"-*8%6"%&(5,(%67"%-(E%?(2%%?(?0,,%-(%&(,M%%?,%-($*&(0M(,6700?T(Q-(E0-$%&(2**A(*6"525"%5"%&(D%0-D*&5,%%-$($5%(00A(5&($%(2-58%("58$(K0#$%&(A#&&%&(M?**",25&$%&(K0*?,(20%"C*??%&Y(X5?1(A58A%&Y(A0A%&Y(,*1%&E%-A5&D,,M%?%&Yk(Q%&(D-00"(2%-,675?(1%"($%(2-58%("58$(5,(%67"%-($*"(%-(**&($%K%(0M$-*67"%&("%(C%7*?%&(601M%"%&"5%,(D%?5&A"(E0-$%&T(((/*,6*?(!1%"(7%%X"(5&($%(C%?%5$,&0"*(00A(D%E%K%&(0M(7%"(,M%?(*?,($*&AC**-(5&,"-#1%&"(200-($%(0&"E5AA%?5&D(2*&(%%&(,065*?%(5&"%??5D%&"5%(%&($#,(601M?%1%&"*5-(1%"(,6700?,%(2**-$5D7%$%&T(F58(E5?($%(A01%&$%(8*-%&(K0%A%&(&**-(%%&(,"%-A%-%(C*&$("#,,%&(7%"(,M%?%&$%(%&(7%"(?%-%&$%(A5&$(%&(E5?($%(2**-$5D7%$%&($5%(C#5"%&($%(,6700?(0&"E5AA%?$(E0-$%&(%-A%&&%&(%&(70&0-%-%&T(()-C%5$%-,(?%-%&(7%"(C%D-5M(2-58%("58$(A%&&%&($*&AK58($%(5&20%-5&D(2*&($%(\^<#-%&(E%%A(5&(;P9;T(35"(E*,(%%&(C%?*&D-58A(D%D%2%&(200-(7%"(8%#D$E%-AT(((35"("00&"(**&($*"(%-(00A(,M-*A%(5,(2*&(7%"(,M*&&5&D,2%?$("#,,%&(2-58%("58$($*"(D%C*,%%-$(5,(0M(2-58E5??5D%($%%?&*1%(%&(E%-AD%?%D%&7%5$($*"(D%C*,%%-$(5,(0M(2%-M?567"%($%%?&*1%(C58(20?E*,,%&%&(%&($#,(&5%"(%&A%?(C58($%(8%#D$T(((T0Q %==<;=?<IA@&

&F%"(,M*&&5&D,2%?$(?00M"(2*&(**&(7%"(C%D5&(2*&(7%"(8%#D$E%-A($00-(*??%-?%5(0&$%-E%-M%&T(3%(?5%X$*$5D7%5$(2*&($%(C#-D%-58("%D%&02%-($%(*-1%&Y($%(A5&$%-%&(#5"($%(15$$%&<(%&(70D%-%(A?*,,%($5%($%(A*&,(A-58D%&(01("%(D**&(,"#$%-%&Y(7%"(0&","**&(2*&($%(%%-,"%(A5&$%-E%""%&Y($%(20-15&D(%&(2-58%("58$(E**-5&($%(M*"-0&*"%&(200-K5%&(%&($%(-0?(*?,(,065*?5,*"0-($5%(D%$%%?"%?58A(E0-$"(02%-D%7%2%?$(&**-(7%"(0&$%-E58,T((

! "#!

ZQ!(2KE(7%%X"($-5%(D%?58A%&5,,%&(1%"($%(M*"-0&*"%&(2*&(2-0%D%-T(b%(200-K5%&(C%5$%&(K0E%?(5&(20-15&D(*?,(5&(2-58%("58$Y($%(80&D%-%&(A01%&(#5"(D%K5&&%&($5%(&0D(,"%%$,(X5&*&65l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

&W&($5"(700X$,"#A(?567"(5A(7%"(X0"0<5&"%-25%E("0%(01$*"($5"($%(1%"70$%(5,($5%(5A(7*&"%%-$%(01(158&(C%?%25&D,0&$%-K0%A(C58($%(80&D%-%&(#5"("%(20%-%&T(WA(?%D(75%-(00A($%(0MC0#E(2*&(158&(M-*A"58A0&$%-K0%A(#5"(01(158&($%&A,"*MM%&(5&(M%-,M%6"5%X("%(C-%&D%&T((&U01 7M=&FD9@ALAFD@:9]&FM:@:^AB@=9EA=J&&&(Q-(K58&(2%-,675??%&$%(0&$%-K0%A%&(E**-C58(X0"0_,(E0-$%&(D%C-#5A"(01(5&X0-1*"5%(200-(%%&(0&$%-K0%A("%(2%-K*1%?%&(c`0?CY(9::^Y(MT(\dT(F%"(5,(7%"(M*-"565M*"5%2%(*,M%6"(E**-5&($%($%%?&%1%-,($%(X0"0_,(K%?X(&%1%&Y($*"($%(X0"0<5&"%-25%E1%"70$%(2*&(*&$%-%(1%"70$%,(0&$%-,67%5$"T(3%(X0"0<5&"%-25%E1%"70$%(&0$5D"($%%?&%1%-,(#5"(01(%%&(0&$%-K0%A,2-**D("%(C%*&"E00-$%&($00-(7%"(&%1%&(2*&(X0"0e,(%&(#5"?%D(2*&(7#&(X0"0e,(**&($%(0&$%-K0%A%-T((]T9T; 400-$%?%&(((3%(-%?*"5%("#,,%&($%(D%+&"%-25%E$%(%&($%(5&"%-25%E%-(E0-$"(D%?58AE**-$5D%-T(Q-(E0-$"(&*1%?58A(2%-"-0AA%&(2*&#5"($%(X0"0($5%($%(80&D%-%(7%%X"(D%&01%&(c4*&$%-2%%&Y(9::^Y(MT(=^^dT(3%(0&$%-K067"%(D-0%M(?%5$"($%(C?5A(2*&($%(0&$%-K0%A%-(c3%(45,,67%-Y(9::^Y(MT(=[\dT(

(H0"0_,(X#&D%-%&(*?,(C?5A,%1*X?%5$%-'(10%5?58A%(0&$%-E%-M%&(A#&&%&(1*AA%?58A%-(C%,M-0A%&(E0-$%&($00-("%(X06#,,%&(0M($%(X0"0Y(5&(M?**",(2*&(0M($%(D%+&"%-25%E$%(c4*&$%-2%%&Y(9::^Y(MT(=^OdT(

(300-(7%"(D%C-#5A(2*&(X0"0_,(7%CC%&($%(5&"%-25%E%-(%&(D%+&"%-25%E$%(%%&(60&6-%%"(%&(D%1%%&,67*MM%?58A(-%X%-%&"5%M#&"(200-(0D%&(c4*&$%-2%%&Y(9::^Y(MT(=^^dT(35"(C%20-$%-"(7%"(5&?%25&D,2%-10D%&(2*&($%(0&$%-K0%A%-T(Q%&($%-D%?58A(D%1%%&,67*MM%?58A(-%X%-%&"5%M#&"(E**-(?%""%-?58A($5&D%&(0M(**&D%E%K%&(A#&&%&(E0-$%&Y(A#&&%&(7%"(5&"%-25%E(2%%?(60&6-%"%-(1*A%&(%&(2%-D%1*AA%?58A%&(7%"(%2%&"#%?%(C58,"#-%&(2*&(%%&(D%,M-%A,M*-"&%-T(((4%-$%-(A*&(1%"(C%7#?M(2*&(X0"0_,(0X(*&$%-%(25,#%?%(,"51#?5(C%"%-(E0-$%&(**&D%,?0"%&(C58($%(0&$%-K0%A,2-**D(c4*&$%-2%%&Y(9::^Y(MT(=^]dT(400-(158&(0&$%-K0%A,2-**D(20&$(5A(7%"(C58200-C%%?$(C%?*&D-58A($%(C%?%25&D(%&($%($**-**&(D%C0&$%&(D%20%?%&,(%&(00-K*A%&("%(A%&&%&T(L1($5%(-%$%&(?5%"(5A($%($%%?&%1%-,(K%?X(X0"0_,(&%1%&T(WA(7%C(00A(1,&<%10"560&,(%&(*XC%%?$5&D%&(D%C-#5A"(K0$*"($%(80&D%-%&(A%#K%(7*$$%&(#5"(2%-,675??%&$%(D%20%?%&,(%&(%?%1%&"%&($5%(%%&(00-K**A(K0#$%&(A#&&%&(K58&T(S58$%&,(158&(,"*D%(7*$(5A(&*1%?58A(0MD%1%-A"($*"(80&D%-%&(K567(200-*?(#5"$-#AA%&(1%"($%(E00-$%&(aD0%$_(%&(a,?%67"_T(300-($%K%(M-%&"%&("%("0&%&Y(E0#(5A(7%&(1%%-(cE00-$dA%#K%(C5%$%&(01(%%&(D%20%?(#5"("%($-#AA%&(%&(%%&(00-K**A("%(C%,M-%A%&T((

(

! "$!

WA(1%-A"%(00A($*"($%(**&E%K5D7%5$(2*&($%(X0"0_,(%%&(**&D%&*1%(,X%%-(6-%l%-$%T(b0E%?($%(80&D%-%&(*?,(5A(E5,"%&(&**-(E*"(E%(A0&$%&(A58A%&("%-E58?(E%(5%",(2%-"%?$%&T(b0E%?(K58(*?,(5A(A0&$%&($**-$00-(%%&(-#,"5D%(%&(**&D%&*1%(M0,5"5%(5&&%1%&T(((]T9T9 R*$%?%&(&F%"(5,(10%5?58A%-($*&(5&"%-25%E%&(1%"(%%&(D%,"-#6"#-%%-$%(2-*D%&?58,"(cI5D67%?C-5&AY(9::^Y(MT(9:]dT()?,(5&"%-25%E%-(10%"(8%(&*1%?58A(D0%$%(C582-*D%&(A#&&%&(,"%??%&(%&(7%"(5&"%-25%E(5&($%(D0%$%(-567"5&D(C?582%&(C58,"#-%&T(((Q%&(0M%&(5&"%-25%E(*T$T7T2T(X0"0_,(2-**D"(2%%?(2*&($%(5&"%-25%E%-T(Z%(10%"'((• D0%$(A#&&%&(?#5,"%-%&(• D0%$%(0M1%-A5&D,2-*D%&(7%CC%&(• D0%$(5&?%25&D,2%-10D%&(%&(5&"%-%,,%(7%CC%&(5&(*&$%-%(1%&,%&((• 5&(,"**"(K58&("*6"20?(%%&(D0%$(D%,M-%A,60&"*6"("%(0&$%-70#$%&((• 01(A#&&%&(D**&(1%"(0&2%-E*67",%Y(M%-,00&?58A%(%&(,01,(5&"5%1%(K*A%&(• "%-#D70#$%&$(K58&(1%"(%5D%&(0M2*""5&D%&(%&(200-A%#-%&((• A-5"5,67(&**-(8%K%?X(A#&&%&(A58A%&(((35"(,00-"(0&$%-K0%A(2-**D"(00A(2%%?(2*&($%($%%?&%1%-T(R*$*"($%(5&,"-#6"5%,(K58&(D%D%2%&Y(A-58D"($%($%%?&%1%-(%%&(6*1%-*(%&($*&(7%%X"(758("58$(&0$5D(01("%(X0"0D-*X%-%&(c4*&$%-2%%&Y(9::^Y(MT(=P;dT(4%-20?D%&,(E0-$"(758(0&$%-2-**D$($00-($%(0&$%-K0%A%-T(F0%?*&D(7%"(5&"%-25%E(K%?X($##-"Y(A*&(8%(&005"(0M(200-7*&$(E%"%&T(W&(158&(0&$%-K0%A($##-$%(%?A(5&"%-25%E(D%15$$%?$(258X%&"E5&"5D(15&#"%&T(((300-$*"($5"(%%&("58$-02%&$%(0&$%-K0%A,1%"70$%(5,(1%"(%%&(?*&D$#-5D(M-06%,(A#&&%&($%%?&%1%-,(1*AA%?58A(#5"2*??%&(c4*&$%-2%%&Y(9::^Y(MT(=P;dT&&]T9T= )*&,?#5"5&D(0M(158&($0%?D-0%M((Q%&(0M%&<5&"%-25%E(20&$(5A(%%&(D0%$%(1*&5%-(01($%(5&X0-1*"5%("%(2%-A-58D%&($5%(5A(&0$5D(7*$Y(01$*"(%%&(AE*?5"*"5%X(5&"%-25%E(1%%-(0M(%%&(D%E00&(D%,M-%A(?58A"($*&(0M(%%&(0&$%-2-*D5&D(cI5D67%?C-5&AY(9::^Y(MT(9:]dT(LM($5%(1*&5%-(K58&($%(80&D%-%&(1%%-(0M(7#&(D%1*A(E**-$00-(K%(00A(1%%-(5&X0-1*"5%($#-2%&(1%%D%2%&T((3%(*&"E00-$10D%?58A7%$%&(?5DD%&(C58($5"(,00-"(5&"%-25%E(&5%"(2*&("%20-%&(2*,"(E**-$00-(0M%&(%&(C-%$%(2-*D%&($%(D%+&"%-25%E$%&(#5"&0$5D%&(01(K02%%?(10D%?58A(5&(7#&(%5D%&(D%$*67"%&Y(0M2*""5&D%&Y(D%20%?%&,Y(%-2*-5&D%&(%&(*1C5"5%,("%(2%-"%??%&(cI5D67%?C-5&AY(9::^Y(MT(9:]dT((LM($5%(1*&5%-(A*&(%-(00A(5&K567"(2%-A-%D%&(E0-$%&(5&(%5D%&(2%-7**?(%&(C%?%25&D,E%-%?$(2*&($%(D%+&"%-25%E$%T(WA($%&A($*"($5"(200-($%($0%?D-0%M(E**-1%%(5A(E%-A"%Y(%%&(1%%-E**-$%(A*&(K58&(01$*"(K%(%-#5"(A#&&%&(?%-%&(0X(C%"%-(1%"(K*A%&(A#&&%&(?%-%&(01D**&T((((G%$#-%&$%(158&(,"*D%(1%-A"%(5A($*"($%(80&D%-%&(2%%?(C%"%A%&5,(7%67"%&(**&(X0"0_,T(b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c4*&$%-2%%&Y(9::^Y(MT(=^[dT(H0"0<5&"%-25%E,(?58A%&(0M(C*,5,(2*&($%K%(5&X0-1*"5%($#,(%&0-1(D%,675A"(200-(80&D%-%&($5%(2%-C**?(15&$%-(,"%-A(K58&T()??%($%%?&%1%-,(K58&(80&D%-%&(E**-2*&($%(10%$%-"**?(S#-A,(5,T(!0115D%&(0&$%-(7%&(7*$$%&("58$%&,($%(5&"%-25%E,(10%5"%(01(K567(2%-C**?(#5"("%($-#AA%&T()*&($%(7*&$(2*&($%(X0"0_,(7%CC%&(K%(%67"%-(E%?(7%%?(E*"(5&X0-1*"5%(A#&&%&(1%%D%2%&T((&]T9T\ )*&,?#5"5&D(0M(158&(0&$%-K0%A,2-**D(&

! "%!

3%(1%%,"(D%,675A"%(0&$%-K0%A%&(200-($%K%(1%"70$%(K58&'(0&$%-K0%A,2-*D%&(E**-C58(C%,67-5825&D(2*&(%&(5&K567"(5&(D%$-*D5&D%&Y(1%&5&D%&Y(5&"%-M-%"*"5%,Y(M%-6%M"5%,Y(*""5"#$%,Y(%-2*-5&D%&(%&V0X(7%"($*D%?58A,%(?%2%&(2*&(%%&(,M%65X5%A%(D-0%M(6%&"-**?(,"**&(c4*&$%-2%%&Y(9::^Y(MT(=^OdT((((LM%&(5&"%-25%E,(E0-$%&(2%%?(D%C-#5A"(5&(M-*A"58AD%-567"(0&$%-K0%AT(3%K%(C%&*$%-5&D(M*,"(7%%?(D0%$(5&($%(AE*?5"*"5%2%(0&$%-K0%A,C%&*$%-5&D(cI5D67%?C-5&AY(9::^Y(MT(9:]d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q5"%5&$%?58A(A00,(5A(%-200-(01(80&D%-%&(#5"(7%"(200-"-*8%6"("%(C%2-*D%&(01$*"(5A(1%"(7%&(%%&(C*&$(7*$T(WA(7*$($%(D-0%M%&(D%$#-%&$%(%%&(1**&$("E%%($*D%&(5&($%(E%%A(C%D%?%5$T(b0_&(C*&$(A*&(%-200-(K0-D%&($*"(80&D%-%&(K567(,&%??%-(%&(1%%-(0M(7#&(D%1*A(20%?%&(E**-$00-(K%(1%%-(5&X0-1*"5%(A#&&%&(2-58D%2%&T(WA(C%,%X"%($*"($5%(C*&$(00A(%%&(&*$%%?(K0#(A#&&%&(K58&T(Q%&("%(7%67"%(C*&$(0X(%%&("%(&*C58%(M0,5"5%("%D%&02%-($%(M*-"565M*&"(A*&($%(7#?M2%-?%&5&D(C%&*$%?%&(E*&&%%-(8%($%(80&D%-%(&5%"(1%%-(2*&#5"(%%&(-#51(%&(0C8%6"5%X(,"*&$M#&"(A*&(K5%&T(F%"(X%5"($*"(5A(1%(75%-2*&(C%E#,"(E*,Y(C%"%A%&$%(00A($*"(5A(K0#(E*A%&(02%-($5"(10D%?58A%(&*$%%?T(3%K%(C%E#,"7%5$(K0-D$%(%-200-($*"(5A($%(C*&$(%%-$%-(*?,(%%&(200-$%%?(C%,670#E$%T(((%J'(4(()%7'0*(+(0%=5)%/3%9(4+5*(0R%%WA(7%C(75%-C58(200-*?(-%A%&5&D(D%70#$%&(1%"($%(7**?C**-7%5$T(I%"($%(7**?C**-7%5$($#5$(5A(0M("E%%(%?%1%&"%&T(F%"(**&"*?(80&D%-%&($*"(K0#(E5??%&($%%?&%1%&(%&($%("58$($5%(%-(E*,T((Z0&D%-%&($5%($%%?"58$,(0&$%-E58,(20?D%&(K58&(2**A(*XE%K5D(%&(7%CC%&(2**A(%%&(?*D%(10"52*"5%(01(&**-(,6700?("%(A01%&T(F%"(5,($#,(&5%"(1*AA%?58A(01(7%&("%(C%-%5A%&Y(0&$*&A,(7%"(X%5"($*"($%(200-"-*8%6"%&(2%-M?567"(K58&T((WA(?5%M(&0D("E%%(1**&$%&(,"*D%(C58(ZQ!(%&(K0#(5&($%K%("58$,M%-50$%($%(80&D%-%&(0M($%(700D"%(10%"%&(C-%&D%&Y($%(2-*D%&?58,"(10%"%&(0M,"%??%&(%&($%(5&"%-25%E,(10%"%&(*X&%1%&T(LM(C*,5,(2*&($%K%(%?%1%&"%&(7%C(5A(%-200-(D%A0K%&(01(25%-(80&D%-%&("%(C%2-*D%&T((W&($%(1**&$*D<($5&,$*DD-0%M(E*-%&(%-(,?%67",("E%%(2*&($%("5%&(80&D%-%&($5%(E5?$%&($%%?&%1%&T(>58(7%&(7%C(5A($#,(D%%&(,%?%6"5%(10%"%&(1*A%&T(>58($%($0&$%-$*D<(2-58$*DD-0%M%&(E*-%&(%-(258X(80&D%-%&(2*&($%("5%&($5%(E5?$%&($%%?&%1%&T(>58(7%&(7%C(5A(%%&(,%?%6"5%(D%1**A"(0M(C*,5,(2*&(K%A%-7%5$T(Z0&D%-%&($5%(*?"58$(**&E%K5D(E*-%&(A-%D%&(200--*&D(0M(80&D%-%&($5%(2**A(*XE%K5D(E*-%&T(Z0&D%-%&($5%(&0D(D%%&("0%,"%115&D(7*$$%&(D%A-%D%&(01($00-("%(,"-01%&(A-%D%&(200--*&D(0M($5%D%&%&($5%(E%?(*?($5%("0%,"%115&D(A-%D%&T(((J'(%4553%='F%/3%6(%6(()0(B(+-%9(4+5*(0R%%L0A(200-(7%"(**&"*?(X0"0<5&"%-25%E,(7%C(5A(-%A%&5&D(D%70#$%&(1%"($%(7**?C**-7%5$T((L0-,M-0&A%?58A(E5?$%(5A(5%$%-%(80&D%-%(25%-(A%%-(C%2-*D%&T(>58($-5%(80&D%-%&(5,($5"(D%?#A"T(Qg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

! "&!

Q500((+%=5)%/3%B/70%,+53./73'06(+='(3%4'(+(0R%%F5%-C58(75%?$(5A(-%A%&5&D(1%"($%(200-C%-%5$%&$%("*A%&(K0*?,(7%"(0M($%(700D"%(C-%&D%&(2*&($%(80&D%-%&(%&(7%"(5&"%-25%E(0M,"%??%&T((q5"%5&$%?58A(20&$(158&(M-*A"58A0&$%-K0%A(M?**",("#,,%&(;9(&02%1C%-(%&(;]($%6%1C%-T(((J'(%=5)%/3%B/70%,+53./73'06(+='(3%4'(+(0R((- b*?(5A(K%?X($%(X0"0_,(&%1%&(0X(K*?(5A($%(80&D%-%&($%(X0"0_,(?*"%&(&%1%&f((L1($%K%(2-**D("%(C%*&"E00-$%&(7%C(5A(2%-,675??%&$%(C%?%25&D,0&$%-K0%A%&(D%?%K%&(0M($%(E%C,5"%(2*&(`5&$(%&(!*1%&?%25&D(c`5&$(J(!*1%&?%25&DY(9:;9Y(0&?5&%dT(R*(7%"(2%-D%?58A%&(2*&($%(200-<(%&(&*$%?%&(C%,?5,"%(5A(#5"%5&$%?58A($*"(5A(0M(K0%A(C%&(&**-($%(C%"%A%&5,D%25&D(%&($%(C%?%25&D(2*&($%(80&D%-%&(K%?XY(E**-$00-(K58K%?X($%(A*&,(10%"%&(A-58D%&($%K%(C%?%25&D("%(,"#-%&($00-($%(X0"0_,($5%(K58(7%CC%&(D%&01%&T(((- F0%2%%?(X0"0_,(K*?(5A(7%&(?*"%&(&%1%&f((WA(C%,?5,"%(01($%(80&D%-%&(X0"0_,("%(?*"%&(&%1%&(02%-(25%-("7%1*_,'($%(601M%"%&"5%<0M$-*67"%&Y($%(M*#K%,Y($%(*&$%-%(80&D%-%&(%&($%(C%D%?%5$%-,T(WA(7%C($%K%(0M$%?5&D(D%1**A"(01$*"(5A(200-*?(02%-($%K%(%?%1%&"%&(5&X0-1*"5%(E5?$%(7%CC%&T(40?D%&,(158(K0#($5"(7%"(1%%,"(C58$-*D%&(**&(%%&(*&"E00-$(0M(158&(0&$%-K0%A,2-**DT(3%(80&D%-%&(A-%D%&($%(0M$-*67"(C58(5%$%-("7%1*(%%&(X0"0("%(&%1%&T(((- @%?A%(0M$-*67"(K*?(5A($%(80&D%-%&(1%%D%2%&f((3%(,M%65X5%A%(0M$-*67"($5%(5A(7%C(1%%D%D%2%&(5,'(aI**A(2*&$**D(25%-(X0"0_,(2*&'($%(601M%"%&"5%<0M$-*67"%&Y($%(M*#K%,Y($%(*&$%-%(80&D%-%&(%&($%(C%D%?%5$%-,T(3%K%(X0"0_,(10%"%&(X0"0_,(K58&(E**-02%-(858(158(**&(7%"(%5&$%(2*&($%($*D(5%",(1%%-(E5?(2%-"%??%&T_((S0%&(5A(0M(C*,5,(2*&(*?($%K%($%&AM5,"%,(158&(C%,?5,,5&D%&(7*$(D%&01%&Y(A0&(5A(158&(2-*D%&?58,"(C%D5&&%&(0M,"%??%&T(((Q()3(%4+5*(0%-.()%/3%',R%%400-(7%"(0M,"%??%&(2*&(158&(2-*D%&?58,"(7%C(5A(158(D%C*,%%-$(0M(%%&(0M%&(5&"%-25%ET(WA(7%C(7%"(5&"%-25%E($*"(D%C-#5A"(5,(200-(7%"(0&$%-K0%A(aB011#&5".()-",(5&(G%&"_(D%?%K%&(c4%-,67%?$%&Y(9:;9dT((WA(7%C(2-*D%&(D%,"%?$(E**-2*&(5A($*67"($*"(K%(5&X0-1*"5%(K0#$%&(0M?%2%-%&($5%(5A(A0&(01K%""%&(&**-(%%&(*&"E00-$(0M(158&(0&$%-K0%A,2-**DT(WA(7%C(1%"(*&$%-%(E00-$%&(2-*D%&(D%,"%?$($5%($%(C%"%A%&5,D%25&D(2*&($%(80&D%-%&(K0#(E%%-D%2%&T(35%(C%"%A%&5,D%25&D(C%,"**"(20?D%&,(158(#5"(7%"(D%20%?Y($%(2%-E*67"5&D%&Y($%(*6"525"%5"%&Y($%(60&"*6"%&Y($%(D%,M-%AA%&(%&($%(2%-E0-2%&(A%&&5,(2*&($%(80&D%-%&T(Q-(K58&(00A(C58A01%&$%(2-*D%&(0MD%,"%?$(01($%(80&D%-%&(C%"%-("%(?%-%&(A%&&%&(%&($%(,5"#*"5%(2*&($%(80&D%-%&("%(,67%",%&T(LM($5%(1*&5%-(A*&($%(C%"%A%&5,D%25&D(2*&($%(80&D%-%&(C%"%-(E0-$%&(C%D-%M%&T((&U0T 7:=?@=>>ABC&EDB&R=&R==<B=>=9?&=B&>AKB&?@DC=F<DD@?&!3%(X0-1#?5%-%&($5%(5A(D%7*&"%%-$(7%C(01($%("0%,"%115&D(2*&($%($%%?&%1%-,(%&(158&(,"*D%M?**",("%(2-*D%&(K58&(**&E%K5D(5&(C58?*D%(;T((&U0U )=@&C=9DD>@=&EDB&M=@&AB@=9EA=J&&35"(D%-**1"%(25&$"(#(5&(C58?*D%(9T((U03 ,=9?::B<AKG=&=B&G9A@A?LM=&;=?F9=GABC&(WA(A00,(%-200-(01(%%&(C%?%25&D,0&$%-K0%A(#5"("%(20%-%&(**&($%(7*&$(2*&(%%&(X0"0<5&"%-25%ET((Q%&($%-D%?58A(0&$%-K0%A(,?#5"(D0%$(**&(C58(158&(0&$%-K0%A,2-**DT(WA(E5?(E%"%&(0X(7%"(,M*&&5&D,2%?$(5&($%(C%"%A%&5,D%25&D(2*&(80&D%-%&($5%(%%&(200-"-*8%6"(20?D%&(&**-(200-(A01"T(WA(7%C($%K%(A%#K%(2%-$%-(00A(D%1**A"($00-$*"(5A(D%$#-%&$%(158&(,"*D%(1%-A"%($*"($%K%(80&D%-%&(2%%?(C%"%A%&5,(7%67"%&(**&(X0"0_,T(S0%&(5A(0M(K0%A(D5&D(&**-(?5"%-*"##-(02%-(X0"0<5&"%-25%E,(1%-A"%(5A(0M($*"($%K%(5&"%-25%E,(00A(0M(*&$%-%(D%C5%$%&(**&,?#5"5&D(20&$%&(C58(158&(0&$%-K0%A,2-**D(%&(C58($%($%%?&%1%-,(2*&(158&(0&$%-K0%AT(35%(?5"%-*"##-(7%%X"(158&(A%#K%(2%-$%-(C%2%,"5D$T((()?,(0&$%-K0%A%-(7%C(5A(5&(E%-A%?58A7%5$(00A(200-$%?%&(A#&&%&(**&20%?%&($5%(5A(5&($5"(700X$,"#A(7%C(0MD%,01$T(WA(7%C(A#&&%&(%-2*-%&($*"($%(80&D%-%&(,M0&"**&(%?%1%&"%&(C%D0&&%&("%(2%-"%??%&(C58($%(X0"0_,($5%(K%(7*$$%&(D%&01%&T(F5%-$00-(E%-$(158&(C?5A(*?,(0&$%-K0%A%-(D%?%5$(E**-$00-(00A($%(C582-*D%&($5%(5A(,"%?$%Y(D%C*,%%-$(E*-%&(0M($%(5&X0-1*"5%($5%($%(80&D%-%(K%?X(7*$(**&C-*67"T((

! "'!

WA(A*&(10%5?58A(**&D%2%&(0X($%(X0"0_,(%-200-(7%CC%&(D%K0-D$($*"(10%5?58A%(0&$%-E%-M%&(1*AA%?58A%-(C%,M-0A%&(A0&$%&(E0-$%&($*&(C58(%%&(5&"%-25%E(K0&$%-(X0"0_,T(WA(E%%"(E%?($*"(%-(,01,(M%-,00&?58A%(%?%1%&"%&(E%-$%&(C%,M-0A%&T(WAK%?X(20%?$%($*"(&**-(D%?*&D(5A(1%%-(5&"%-25%E,(*X&*1(5A(1*AA%?58A%-(A0&(5&,M%?%&(0M(cM%-,00&?58A%d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l%-$%T(b0E%?($%(80&D%-%&(*?,(5A(E5,"%&(&**-(E**-(E%(A0&$%&(A58A%&Y(E**-0M(E%(0&,(A0&$%&(X06#,,%&("%-E58?(%-(5%",(2%-"%?$(E%-$T(b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c4*&$%-2%%&Y(9::^Y(MT(=P;dT(I%"($5"(&*$%%?(75%?$(5A(-%A%&5&D(C58(7%"(,%?%6"%-%&(2*&($%($%%?&%1%-,(%&(C58($%(20?D0-$%(E**-5&(5A($%($%%?&%1%-,(C%2-0%DT(((WA(20&$(7%"(10%5?58A(01(C%,?5,,5&D%&(02%-($%(#5"20%-5&D(2*&(158&(M-*A"58A0&$%-K0%A("%(1*A%&Y(01$*"(5A(75%-5&(K%?X(&0D(D%%&(%-2*-5&D(7*$T(L1($5%(-%$%&(7%C(5A(K0E%?(1%"(158&(M-010"0-(*?,(1%"(158&(,"*D%1%&"0-(02%-($%K%(*XE%D5&D%&(D%,M-0A%&(01(#5"%5&$%?58A("0"(C%,?5,,5&D%&("%(A01%&T((

(U08 &%==<;=?<IA@&

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l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k(&&30 ,#.67'P6"(%/#5"/6&&304 'B<=ARABC&

&W&($5"(700X$,"#A(K#??%&($%($%%?&%1%-,(E0-$%&(200-D%,"%?$T(3%(#5"D%,67-%2%&(X0"0<5&"%-25%E,(A01%&(**&(C0$(%&($%(C%"%A%&5,D%25&D(2*&($%(80&D%-%&(K*?($#5$%?58A(E0-$%&(**&($%(7*&$(2*&(2%-,675??%&$%("7%1*_,T(4%-$%-(K*?(7%"(*&"E00-$(0M($%(0&$%-K0%A,2-**D(5&($5"(700X$,"#A(E%%-D%D%2%&(E0-$%&T(35"(*&"E00-$(A01"(

! "(!

&**-(200-($00-(7%"(,M*&&5&D,2%?$("#,,%&(8%#D$E%-A(%&($%%?"58$,(0&$%-E58,(*X("%(?%5$%&(#5"($%(C%"%A%&5,D%25&D(2*&($%(80&D%-%&T((

(301 !::9?@=<<ABC&R==<B=>=9?&(OT9T; 3%%?&%1%-(;((!67#5?&**1'(B*"*-(G%,?*67"'(I*&(p%%X"58$'(;O(8**-(R*"50&*?5"%5"'(>%?D((OT9T9 3%%?&%1%-(9(

(!67#5?&**1'(Z*&5,((G%,?*67"'(I*&(p%%X"58$'(;O(8**-(R*"50&*?5"%5"'(>%?D((OT9T= 3%%?&%1%-(=(

(!67#5?&**1'(G7%&"_?%((G%,?*67"'(I*&((p%%X"58$'(;O(8**-(R*"50&*?5"%5"'(>%?D(

(OT9T\ 3%%?&%1%-(\(

(!67#5?&**1'(G##,((G%,?*67"'(I*&((p%%X"58$'(;](8**-(R*"50&*?5"%5"'(>%?D((30H .NB=>=B&EDB&R=&N:@:^AB@=9EA=J?&(WA(7%C(C58(25%-(80&D%-%&(%%&(X0"0<5&"%-25%E(*XD%&01%&T(3-5%(2*&($%K%(80&D%-%&(7%C(5A(25%-(A%%-(C%2-**D$T(Q%&(80&D%-%(7%C(5A(,?%67",($-5%(A%%-(C%2-**D$Y(**&D%K5%&(758(%&A%?%(A%-%&(*XE%K5D(E*,T(WA(E5?(75%-1%%(0M&5%#E(2%-E58K%&(&**-($%(c0&E%""5D%d(*XE%K5D7%5$($5%(2**A(200-A01"(C58($%K%(80&D%-%&T(4%-$%-(E5?(5A(75%-C58(00A(&0D(%%&,($%(?5&A(**&"0&%&(1%"(158&("5"%?'(a)C,%&"%+,1%(5&(7%"(8%#D$E%-A_T((400-$*"(5A(%XX%6"5%X(**&(7%"(5&"%-25%E(C%D0&Y(1**A"%(5A(&0D(%%&,($#5$%?58A(**&($%($%%?&%1%-,(E*"(5A(E5?$%(0&$%-K0%A%&(%&(E%?A($0%?(5A(75%-1%%(E5?$%(C%-%5A%&T(4%-20?D%&,(&*1(5A(,*1%&(1%"(7%&($%(C-5%X($00-($5%(K%($00-(7#&(0#$%-,(10%,"%&(?*"%&(0&$%-"%A%&%&T((WA(7%C(7%"(5&"%-25%ED%-**1"%(0M(A?%5&%-%(X567%,(D%M?*A"(K0$*"($5"(15&$%-(a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gg&(X0"0(#5"A5%K%&T((LM($5%(1*&5%-(20%-$%(5A(,*1%&(1%"($%(80&D%-%(%%&(D%,M-%A(02%-(70%(758($%($*D(7*$(C%?%%X$T((

! ")!

)*&(7%"(%5&$%(2*&(7%"(D%,M-%AY(2-0%D(5A(0X(758(&0D(,"%%$,(K5&(7*$(01(2%-$%-($%%?("%(&%1%&(**&(158&(0&$%-K0%AT(F%"(*&"E00-$(75%-0M(E*,(*?"58$(M0,5"5%XT(((

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cC58d("%(,"#-%&T((WA(7%C(*??%(80&D%-%&(%&($%(C%D%?%5$%-,(%%&(,67#5?&**1(D%D%2%&(01(7#&(*&0&515"%5"(0M($5%(1*&5%-("%(C%70#$%&T(((OT\T; H0"0<5&"%-25%E,($%%?&%1%-(;('- O0.(+4/(2%$%'2".)//3'Q55+'B%4')*%7(%6(()./76-%9(+'(,-'06(+2/7-R%%B*"*-(5,(200-(K58&(2-5%&$%&(&**-(7%"($%%?"58$,(C%-0%M,0&$%-E58,(D%D**&T(((Q()3(%-.F6/(+/8C./0*%C(9%7(%C/(+4''+%*(4')*6R%%4*&(7%"(%%-,"%("T%T1T(7%"($%-$%(15$$%?C**-(7%%X"(758(aC0#E_(D%20?D$(5&(7%"(C%-0%M,0&$%-E58,T(((Q()3(%+/8C./0*%4')*%7(%0FR%%3**-&*(5,(758(&**-($%%?"58$,(C%-0%M,0&$%-E58,(02%-D%,67*A%?$T(F58(,"#$%%-"(&#(a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`#5,%&(?58A"(7%1(&5%"(?%#A(01$*"(758($*&(M?005%&(5&(K58&(25&D%-,(A-58D"T((45*/0/"/'-.+).1)+*/"''J'(%4'()6(%7(%7(%550%C(.%9(*/0%450%6(%65*R%%B*"*-(E*,(10%T((%J'(%3'B.%C(.%65.%7(%7(%='%4'()6(R%b*"%-$*D(%&(K0&$*D(A*&(B*"*-(*?"58$(#5",?*M%&Y(1**-(1**&$*D(&5%"(01$*"(758($*&(&**-(QXX%6"(10%"(A01%&T(L1($5%(-%$%&(25&$"(758(7%"(1**&$*D067"%&$(*?"58$(,**5T(F58(E%%"($*"(758(K567(10%(20%?"(01$*"(758(K0&$*D*20&$(M*,(?**"(D**"(,?*M%&T(

! #+!

6227'83'9/5/1,"*'1+"'&/':$0;/./".,/<$;&)+:#./"''Q5.%-.55.%(+%',%7(%A'.'R%'B*"*-(%&($%(*&$%-%(80&D%-%&(2*&(QXX%6"(E*-%&(%%&(&5%#E(M*$(**&(7%"(1*A%&(0M($%(E%-X(2*&(a>#5"%&(C%%?$_T(4*&$**D(E*,(7%"(&5%"(A0#$($#,(7%%X"(B*"*-(1%%D%E%-A"(**&($%K%(*6"525"%5"T(@*&&%%-(7%"(E%?(A0#$(E*,(D%E%%,"Y(7*$(758($5"(&5%"(D%$**&T((%Q5.%4'06%7(%450%6(%',6+58C.(0R%%B*"*-(20&$($%K%(0M$-*67"(1*AA%?58A(%&(?%#A(01$*"(758($%(,"%&%&(1067"(A*M0"(,?**&T(F58(-**A"%(75%-$00-(,"-%,,(AE58"T(F58(20&$($5"(?%#A%-($*&(D-*2%&(01$*"(758(&*(?*&D(D-*2%&(M58&(K0#(7%CC%&(D%7*$(**&(K58&(7*&$%&Y("%-E58?(758(K567(&#(A0&(#5"?%2%&T(L1($5%(-%$%&%&(7%%X"(758($%K%(X0"0(00A(D%&01%&T((F58(7%%X"(75%-$00-(C%"%-(?%-%&($00-K%""%&T(F58(E*,(10%Y(

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

&Q5.%-.55.%(+%',%7(%A'.'R%&@%(E*-%&(*??%1**?(,*1%&(**&(7%"(-#,"%&(C5&&%&(5&($%(A%#A%&T(B*"*-(7%%X"(A0XX5%(D%$-0&A%&(01$*"(758(7%"(A0#$(7*$T(300-($%(A0XX5%(7%%X"(758(7%"(E*-1(D%A-%D%&T(B*"*-(7%%X"($%K%(X0"0(D%&01%&(01$*"(5%$%-%%&(,*1%&(E*,T(F5%-&*(C%D0&&%&(E%(**&(7%"(M*$T(((Q5.%C(9%7(%./76(0-%6(%,5F=(-%*(6550R%%S58$%&,($%(A?%5&%(M*#K%,(7%%X"(B*"*-(200-*?(1%"(K58&(D,1(D%,M%%?$(%&(1#K5%A(D%?#5,"%-$T((S58$%&,($%(15$$*DM*#K%(5,(758(&**-($%(4%?$,"-**"(D%D**&(,*1%&(1%"()?%jT(B*"*-(20&$($%(15$$*DM*#K%(?%#A(01$*"(

758(,*1%&(1%"()?%j(X5,7C#-D%-,(D%D%"%&(7%%X"(5&($%(I630&*?$,T(3**-&*(7%CC%&(K%(-0&$D%?0M%&(5&($%(>%-67A*(%&($%(b*-*T()?%j(%&(B*"*-(7%CC%&(D%C*CC%?$(02%-($%(60??%6"5%,T(b%(25&$%&(7%"(,"%%$,($%K%?X$%(,00-"(A?%-%&Y($5%(&5%"(1005(K58&(01$*"(K%(D%,67%#-$(K58&T((F58(7%%X"(2*&$**D(%%&(##-(M*#K%(D%A-%D%&T(3*"(20&$(758(?%#AT(Q%&(7*?X(##-(25&$"(758("%(E%5&5D(01("%(%"%&T(((Q55+%658C.%7(%550%./76(0-%6(%,5F=(-R%%S58$%&,($%(M*#K%,($*67"(B*"*-(**&($%("58$(01$*"(758(K58&(E%-AM#&"%&(E5?(2%-C%"%-%&T(LM($5%(1*&5%-(K*?(758(,&%??%-(&**-(%%&(C-#D"-*8%6"(A#&&%&(D**&T(F58(K0#(D-**D(E%-A%&(5&($%(70-%6*T(((

6227'A3':$".+:./"'0/.'+"&/)/'B$"*/)/"'(Q5.%-.55.%(+%',%6(%A'.'R(LM($%K%(X0"0(,"**"()?%jT(((N(.%2()3(%7'0*(+(0%C(9%7(%450655*%8'0.58.%*(C56R%B*"*-(7%%X"(2*&$**D(7%"(1%%,"(60&"*6"(D%7*$(1%"()?%j(%&(7%%X"($**-01(%%&(X0"0(D%&01%&(2*&(7%1T(b%(E*-%&("0%&(5&(7%"()>44T(3%(*&$%-%&(E*-%&(&**-(C#5"%&(**&(7%"(,"*MM%&T%

! #*!

I%"($%(*&$%-%(80&D%-%&(7%%X"(B*"*-(&5%"(K0(2%%?(60&"*6"(D%7*$T(F58(7%%X"(7%&(%&A%?(1%%D%70?M%&("58$%&,(7%"(E%-A%&(**&(7%"(M*$T((&Q55+'4(+%C(99(0%7F))/(%*(9599()6R%S58$%&,($%(M*#K%(7%%X"(758(*??%%&(1%"()?%j(D%M-**"T(b%(7%CC%&(02%-(A?%-%&(D%C*CC%?$T(F58(K5%"()?%j(,01,(00A(C#5"%&(7%"(200-"-*8%6"T(@*&&%%-(K%(%?A**-($*&("%D%&A01%&(D%2%&(K%(%&A%?(%%&(7*&$Y(2%-$%-(M-*"%&(K%(&5%"(1%"(%?A**-T(B*"*-(A%&"(7%1(%&A%?(2*&(K5%&Y(K%D"(758T(&

%//2&T[&L:B@DL@=B&>=@&R=&;=C=<=AR=9?&(Q5.%-.55.%(+%',%7(%A'.'R%(3%K%(X0"0(5,(D%&01%&(5&(7%"()>44T(W%$%-%%&(E*,(**&(7%"(?#5,"%-%&(&**-($%(1%2-0#E($5%($%(-0&$?%5$5&D(D*X(%&(&**-($%(%j"-*(#5"?%D(2*&(@*--%T((N(.%2()3(%9(*()(/6(+-%C(9%7(%450655*%8'0.58.%*(C56R%F58(7%%X"(&5%"(2%%?(60&"*6"(D%7*$(1%"(@*--%Y(1**-(7%"(60&"*6"(E*,(D0%$T(@*--%(K%5($*"(B*"*-(D0%$(C%K5D(5,(%&(K0(10%"(2%-$%-($0%&T(F58(5,(D0%$(0M(E%D(01$*"(758(7%%X"(D%?#5,"%-$(&**-($%(E%-AM#&"%&($5%(@*--%(7%%X"(0MD%,01$T(B*"*-(E%%"($*"(@*--%($%K%(%?%1%&"%&(K%D"(01$*"(758($%(80&D%-%&(200-#5"(E5?(7%?M%&T((B*"*-(7%%X"(00A(&5%"(2%%?(60&"*6"(D%7*$(1%"(H5%&T(H5%&(7%%X"(D%K%D$("%D%&(7%1($*"(758(-#,"5D(10%,"(K58&(01$*"(758(**&(7%"(,M%?%&(E*,(1%"()?%jT(b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

&Q5.%-.55.%(+%',%7(%A'.'R%&LM($%K%(X0"0(E*-%&(E%(**&(7%"(E%-A%&T(@%(E*-%&(1%"(7%%?($%(D-0%M(7%"(,M%?(aC#&A%-00-?0D_(**&(7%"(,M%?%&(5&(7%"(?0A**?T(((Q5.%4'06%7(%450%6(%',6+58C.(0R%%B*"*-(20&$($%K%(0M$-*67"(?%#A(01$*"(758(1067"(,"%11%&(0M(E5%(%-(1%%(1067"(%&(E5%(&5%"T(F58(20&$($%K%(0%X%&5&D(1*AA%?58A(01$*"(758(10%,"(,M-%A%&T(F58(20&$(7%"(00A(1*AA%?58A(01(*-D#1%&"%&("%(D%2%&(%&(20&$($%K%(0%X%&5&D($**-$00-(?%#AT(R*($5"(,M%?(A*&(758(C%"%-(*-D#1%&"%-%&(E**-01(758(5%",(E%?(0X(&5%"(E5?T(R*($5"(,M%?(A*&(758(00A(1%%-(

M0,5"5%2%($5&D%&(2%-"%??%&(02%-(5%",T(F58(E0#($5"(&5%"(C%"%-(A#&&%&Y(1**-(25&$"($5"(E%?(C%?*&D-58A(01$*"(758($5"(A*&(D%C-#5A%&(E*&&%%-(758(D**"(,0??565"%-%&T(L1($5%(-%$%&(25&$"(758(7%"(00A(D0%$($*"(E%($%K%(0M$-*67"(D%$**&(7%CC%&T(F58(7%%X"(00A(?%-%&(10K*+%A%&(2*&$**DT((

! #"!

6227'=3'9/5/1,"*'1+"'&/';+%>/-?'&/',"@$)0/5/'0$0/"./"'&Q5.%-.55.%(+%',%7(%A'.'R%&F%"(E*,(M*#K%T(3%(80&D%-%&(1067"%&(&**-(C%&%$%&T(b%(,"0&$%&(5&($%(7*?T(B*"*-(7%%X"($%(7%?%($*D(1%"(7#&($00-D%C-*67"T((!0115D%(80&D%-%&(E*-%&(&0D(C5&&%&(%&(K*"%&(5&($%(K%"%?T()&$%-%&(E*-%&(**&(7%"(-0A%&T(((Q5.%C(9%7(%./76(0-%6(%,5F=(-%*(6550R%%S58$%&,($%(A?%5&%(M*#K%(K58&($%K%(80&D%&,(D**&(-0A%&T(B*"*-(5,(&**-(C5&&%&(D%D**&(%&(5,(A0XX5%(D**&($-5&A%&T((

W&($%(15$$*D(5,(B*"*-(1%"($%K%(80&D%&,(5&($%(M5""*C*-(D**&(%"%&T(F58(20%?$%(K567("58$%&,($%(15$$*DM*#K%(D0%$(01$*"(758(?*&D%-(M*#K%(7*$($*&(5&($%(A?%5&%(M*#K%T(((Q55+%658C.%7(%550%./76(0-%6(%,5F=(-R%%S58$%&,($%(15$$*DM*#K%($*67"(B*"*-(%&A%?(**&(%"%&T(F58($*67"(**&(&5A,(*&$%-,(01$*"(758(70&D%-(7*$T(S58$%&,($5%(M*#K%(7%%X"(758(D%C*CC%?$(02%-($%("58$T(F58(E5,"($*"(758("%(?**"(K0#(K58&T((&6227'A3':$".+:./"'0/.'+"&/)/'B$"*/)/"'&

Q5.%-.55.%(+%',%6(%A'.'R%(LM($%K%(X0"0(K5""%&(E%(*??%1**?(,*1%&(5&($%(A-5&DT(@*--%(2%-"%?$%(E*"(E%(2*&$**D(K0#$%&($0%&T(B*"*-(25&$"(7%"(?%#A(01("%(E%"%&(E*"(%-(K*?(D%C%#-%&T(F58(25&$"(7%"(&5%"(?%#A(E*&&%%-(E%(#5"($%(K%"%?,(D**&(01$*"(758(_,(067"%&$,(*?"58$(10%(5,T((&N(.%2()3(%7'0*(+(0%C(9%7(%450655*%8'0.58.%*(C56R%%4*&$**D(7%%X"(B*"*-(200-*?(60&"*6"(D%7*$(1%"(Z*&5,(%&(!#,T()?%j(E*,(K5%A(%&(E*,(%-(&5%"T((%Q55+'4(+%C(99(0%7F))/(%*(9599()6R%

B*"*-(7%%X"(1%"(Z*&5,(%&(!#,(D%C*CC%?$(02%-($%(20%"C*?1*"67(aG*?*"*,%-*.(<(I*&67%,"%-_($5%(02%-(%%&(E%%A("%D%&(%?A**-(,M%?%&T(B*"*-(D**"(5&(%%&(6*Xg(&**-($%K%(1*"67(A58A%&T(F58(25&$"($5"(D%K%??5D%-($*&("7#5,(01$*"(758($*&(,*1%&(1%"(K58&(2-5%&$%&(A*&(A58A%&T(3%("E%%(80&D%&,(0M($%(20-5D%(X0"0(K#??%&(%-(&5%"(C58(K58&(E*&&%%-(758(A58A"T()&$-%*,(C*CC%?"(00A(02%-(20%"C*?Y(1**-($%(*&$%-%&(&5%"T()&$-%*,(M-**"(75%-02%-(01$*"(758(00A(2%%?(02%-(20%"C*?(E%%"T(B*"*-(7%%X"(2*&067"%&$(00A(1%"(7%1(,*1%&D%E%-A"T(b%(7%CC%&("0%&("%D%&(%?A**-(D%K%D$($*"($%(0M$-*67"(,**5(E*,T((F58(7%%X"(E%?(5%",(D%?%%-$(#5"($%K%(0%X%&5&DT(F58(E%%"(E%?A%(70#$5&D%&(&5%"(D0%$(K58&(E*&&%%-(8%(?#5,"%-"T(F58(E5,"(&5%"($*"(8%(*-1%&(A-#5,%&(C58200-C%%?$(0&C%?%%X$(E*,T((I%"($%(*&$%-%(80&D%-%&(7%%X"(B*"*-(D%%&(60&"*6"(D%7*$(01$*"(K%(A5&$%-*67"5D(K58&T(`5&$%-*67"5D(C%"%A%&"(200-(B*"*-($*"(K%(?*67%&T()?,($%(*&$%-%&(K0($0%&Y(E%-A"(B*"*-(&5%"(D-**D(1%"(7%&(,*1%&T((&6227'C3':$".+:./"'0/.'&/'D/*/5/,&/)-'(

Q5.%-.55.%(+%',%7(%A'.'R%()&*+,(%&(H5%&(,"**&(0M($%K%(X0"0T(@%(E*-%&(1%"($-5%(80&D%-%&(%%&(10K*+%A(**&(7%"(1*A%&(5&(7%"(QXX%6"?0A**?T(b58(E*-%&(,"%&%&(**&(7%"(C-%A%&(**&($%(*&$%-%(A*&"(2*&($%("*X%?T(3%(*&$%-%&(E*-%&(%%&(,"0%?(**&(7%"(1*A%&T(B*"*-(7%%X"($%K%(X0"0(D%&01%&(01$*"(H5%&(%&()&*+,(**&(7%"(,*1%&E%-A%&(E*-%&T(((N(.%2()3(%9(*()(/6(+-%C(9%7(%450655*%8'0.58.%*(C56R%%B*"*-(7%%X"(2*&$**D(2%%?(60&"*6"(D%7*$(1%"(H5%&T(b%(7%%X"(B*"*-(D0%$(A#&&%&(7%?M%&(C58(7%"(10K*+%A%&T(H5%&(7%%X"(00A(D%K%D$($*"(B*"*-(-#,"5D(10%,"(C?582%&("0%&(o%15(K%5($*"(

! ##!

B*"*-(K58&(D,1(5&($%($00,(10%,"(?%DD%&T(B*"*-(E*,(C00,(01$*"(o%15(7%1(2%-A?5A"%T(B*"*-(E5?(&5%"($*"(o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

Q5.%-.55.%(+%',%7(%A'.'R%&3%K%(X0"0(5,(D%&01%&(5&(7%"(?0A**?T(35"(E*,(_,(10-D%&,("0%&(E%(%%&(0M$-*67"($%$%&(02%-(,0??565"%-%&T(B*"*-(%&($%(*&$%-%&(10%,"%&($0%&(*?,0X(K%(D5&D%&(,0??565"%-%&T(W%$%-%%&(E*,(**&($%K%(0M$-*67"(C%K5DT((&Q5.%4'06%7(%450%6(%',6+58C.(0R%%B*"*-(20&$($%K%(0M$-*67"(,**5(01$*"(758(K58&(M%-,00&?58A7%5$(10%,"(#5"?%DD%&T(F58(7%%X"(75%-$00-(E%?(5%",(D%?%%-$T(B*"*-(7%%X"(0&"70#$%&(E%?A%(M0,5"5%2%(%?%1%&"%&(

758(A*&(0M&0%1%&("58$%&,(%%&(,0??565"*"5%D%,M-%AT(F58(7*$($5"(&0D(&005"(D%$**&T(F58(E0#($5"(0M(200-7*&$(&5%"(E%"%&Y(01$*"(758(%-(&0D(&005"(02%-(&*D%$*67"(7*$T(((6227'=3'9/5/1,"*'1+"'&/';+%>/-?'&/',"@$)0/5/'0$0/"./"'

&Q5.%-.55.%(+%',%7(%A'.'R%&F%"(E*,(M*#K%T(B*"*-(K*"(1%"(*&$%-%&(5&($%(K%"%?T(Z*&5,(%&(%%&($%%?(2*&(o%15(,"**&(0M($%K%(X0"0T(!0115D%(80&D%-%&(E*-%&(C#5"%&Y(*&$%-%&(E*-%&(A0XX5%(**&(7%"($-5&A%&(5&($%(E%-A-#51"%T(((Q5.%C(9%7(%./76(0-%6(%,5F=(-%*(6550R%%W&($%(A?%5&%(M*#K%,(7%%X"(B*"*-(1#K5%A(D%?#5,"%-$T(S58$%&,(

$%(D-0"%(M*#K%(5,(758(&**-($%(C*AA%-(D%D**&(1%"()&$-%*,T(F58(E*,(0M("58$("%-#D(%&($*"(20&$(758(D0%$T(((Q55+%658C.%7(%550%./76(0-%6(%,5F=(-R%%F58($*67"("58$%&,($%K%(M*#K%(**&($%("58$T(F58(E*,(0M("58$(E**-$00-(758($5"(%%&(?%#A%(M*#K%(20&$(%&(%%&(D0%$(D%20%?(7*$T(F58(5,(1%"()&$-%*,(1%%D%D**&(5&($%(M*#K%(01$*"()?%j(D5&D(E%D?0M%&T(F58(E%%"($*"(K58&(0#$%-,($*&(E0-$%&(0MD%C%?$(%&($**-01(E0#(758($5"(&5%"T(F58(7%%X"("58$%&,($%(M*#K%(&5%"(D%C*CC%?$(1%"()&$-%*,(01$*"(758(1#K5%A(?#5,"%-$%T(((6227'A3':$".+:./"'0/.'+"&/)/'B$"*/)/"'

! #$!

Q5.%-.55.%(+%',%6(%A'.'R&)&$-%*,(,"**"(0M($%K%(X0"0T(B*"*-(%&($%(*&$%-%&(D5&D%&(75%-(&%"(**&($%(0M$-*67"(C%D5&&%&(02%-(,0??565"%-%&T(((N(.%2()3(%7'0*(+(0%C(9%7(%450655*%8'0.58.%*(C56R%B*"*-(7%%X"(2*&$**D(1%"(5%$%-%%&(%%&(C%%"8%(60&"*6"(D%7*$T(B*"*-(7%%X"(200-*?(1%"(7%&(D%M-**"("58$%&,($%(0M$-*67"%&T(B*"*-(20%?"(K567(0M(K58&(D%1*A(C58()&$-%*,Y(

)?%j(%&(Z*&5,T(>58($%(*&$%-%&(&5%"(01$*"($%(*&$%-%&(,**5(%&(-**-(K58&T(F58(25&$"(Z*&(C58200-C%%?$(-**-(01$*"(758(%%&(K0&&%C-5?(**&($0%"(5&($%(A?*,T(I0%,"(B*"*-($5"($0%&(K0#(758(K567(,67*1%&T((&Q55+'4(+%C(99(0%7F))/(%*(9599()6R%B*"*-(7%%X"(1%"(Z*&5,Y()&$-%*,(%&()?%j(D%C*CC%?$(02%-(20%"C*?T(B*"*-(,M-%%A"(75%-(&5%"(1%"(*&$%-%&(02%-Y(00A(&5%"(0M(,6700?(01$*"(K58(200-(%%&(*&$%-%(M?0%D(K58&T(3%(M?0%D(E**-200-(8%(C%&"(7*&D"(*X(2*&(E**-(8%(*XA01,"5D(C%&"(5&(S#-A58%T(>58(B*"*-("7#5,(K58&(K%($#,(*??%1**?(200-(G*?*"*,*-*.T((6227'C3':$".+:./"'0/.'&/'D/*/5/,&/)-'

&Q5.%-.55.%(+%',%7(%A'.'R%(F5%-(E*,(@*--%(**&(7%"(#5"?%DD%&(E*"(E%(K0#$%&($0%&T(Q%-,"(7*$(758(D%K%D$($*"(E%(K0#$%&(X5%",%&Y(1**-(01$*"($%(X5%",%&(A*M0"(K58&(5,($5"(&5%"(D%?#A"T(B*"*-(20&$($5"(&5%"(,M58"5D(E*&"(758(7%%X"("7#5,(00A(%%&(X5%",T((&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&N(.%2()3(%9(*()(/6(+-%C(9%7(%450655*%8'0.58.%*(C56R%F%"(60&"*6"($*"(B*"*-(1%"(@*--%(7*$Y(E*,(,01,(D0%$(%&(,01,(,**5T(a,(L67"%&$,(E*,(7%"(D0%$(01$*"(758(@*--%(%%&(

,1,_8%(7*$(D%,"##-$T(F%"(5,(D0%$(E*&&%%-(8%(K%?X(2%-E5""5D"($*"(8%("%(?**"(K*?(K58&T((F58(7%%X"(00A(60&"*6"(D%7*$(1%"(H5%&T(B*"*-(20&$(7%"(60&"*6"(1%"(7**-(D0%$(01$*"(K%(7%1(0M(%%&(&0-1*?%(1*&5%-(**&,M-%%A"T(R0-1**?(5,(200-(B*"*-(C58200-C%%?$'(a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

&Q5.%-.55.%(+%',%7(%A'.'R%&F5%-(E*-%&(E%(*??%1**?(5&(7%"(?0A**?T(35"(E*,($%(%%-,"%(0M$-*67"($5%(E%(K0#$%&($0%&Y(7%"(E*,(_,(10-D%&,T(B*"*-(7%%X"($%K%(X0"0(01($5%(-%$%&(D%&01%&T(F58(10%,"(%%&(X5D##-(#5",&58$%&(5&(D?*,T(B*"*-(7%%X"($%(C%D5&?%""%-(2*&(K58&(&**1(D%1**A"T((Q5.%4'06%7(%450%6(%',6+58C.(0R%%

F58(20&$($5"(,**5T(F58(E5?(&5%"(0&"70#$%&(70%($5"(10%"(01$*"(758($**-(?*"%-(&5A,(1%%-(1%%(K*?($0%&T(F58(7%%X"(E%?(D%?%%-$($*"(758(D%$#?$(10%"(7%CC%&(%&($*"(758(10%"(A#&&%&($00-K%""%&T(3%K%(601M%"%&"5%,(K*?(758(?*"%-(E%?(&0$5D(7%CC%&("58$%&,(K58&(E%-AT(

! #%!

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

Q5.%-.55.%(+%',%7(%A'.'R%&35"(5,(!#,T(35"(E*,(&%"(200-($%(M*#K%(5&(7%"(?0A**?T(F58(7%%X"(D%-00A"(%&(B*"*-(7%%X"(C#5"%&(C58(7%1(D%E*67"T(((Q5.%C(9%7(%./76(0-%6(%,5F=(-%*(6550R%%F58(7%%X"(D%$*67"(**&($%(20%"C*?1*"67(aG*?*"*,*-*.(<(I*&67%,"%-_T(B*"*-(%&(!#,(D**&(&5%"(,*1%&(A58A%&(01$*"(K%(2%-(#5"%%&(E0&%&T(((

S58$%&,($%(M*#K%(5,(758(&5%"(1%"(!#,(E%DD%D**&Y(1**-(1%"(I%&0T(b%(7%CC%&(&5%"(2%%?(D%M-**"Y(1**-(C%5$%&(1#K5%A(D%?#5,"%-$T(B*"*-(E*,(&5%"(0M("58$("%-#D(01$*"(7%"($-#A(E*,(C58($%(M?**",(E**-(K%(*"%&T(((6227'A3':$".+:./"'0/.'+"&/)/'B$"*/)/"'

'Q5.%-.55.%(+%',%6(%A'.'R(F5%-(,"**&(*??%(80&D%-%&(0MT(3%K%(X0"0(5,(D%&01%&("58$%&,($%(10"52*"5%0M$-*67"T(F58(7%%X"($%K%(X0"0(D%&01%&(01$*"(7%"($%(?%#A,"%(0M$-*67"(E*,T(((N(.%2()3(%7'0*(+(0%C(9%7(%450655*%8'0.58.%*(C56R%B*"*-(7%%X"(2*&$**D(1%"(5%$%-%%&(60&"*6"(D%7*$Y(1**-(7%"(1%%,"(1%"(I%&0(%&(!#,(01$*"(758(C58(7%&(E*,("58$%&,($%(

M*#K%,T((&Q55+'4(+%C(99(0%7F))/(%*(9599()6R%b%(7%CC%&(D%C*CC%?$(02%-($%(20%"C*?1*"67T(&6227'C3':$".+:./"'0/.'&/'D/*/5/,&/)-'(

Q5.%-.55.%(+%',%7(%A'.'R%(LM($%K%(X0"0(,"**&($%(C%D%?%5$%-,T(F58(&*1($%K%(X0"0(01$*"($5"($%(,**5,"%(0M$-*67"(E*,("0"(&#("0%T(F58(20&$(7%"(A5&$%-*67"5D(01$*"(H5%&(%&(@*--%(A5&$%-%&(**&(7%"(&*$0%&(E*-%&T(((N(.%2()3(%9(*()(/6(+-%C(9%7(%450655*%8'0.58.%*(C56R%F58(7%%X"(%%&(?%#A(60&"*6"(D%7*$(1%"(H5%&T(b%(E5,"(2%%?(0M?0,,5&D%&(%&($*"(20&$(B*"*-(D0%$T(3*&AK58(7**-(7%%X"(K58&(D-0%M(D%E0&&%&T((

@*--%(7%%X"(7%1(**&D%,M-0A%&(&*($%(15$$*DM*#K%("0%&(758("%(?**"(E*,T(B*"*-(E5?(K58&(E%-AM#&"%&(2%-C%"%-%&Y(1**-(758(E5?(00A(-#,"5D(%"%&T(F58(K%D"($*"(758(%-(&5A,(**&(A*&($0%&T(F58(7%%X"(a,(067"%&$,(D%%&("58$(01(5%",(1%%("%(&%1%&(%&(E5?(75%-200-(00A(&5%"(2-0%D%-(0M,"**&T(((45*/0/"/'-5$.1)+*/"3''J'(%4'()%7(%7(%550%C(.%(/06(%450%6(%65*R%(F58(20%?"(K567(%%&(C%%"8%(*&$%-,(*?,(2*&067"%&$T(3%(20%"C*?1*"67(C%D5&"(02%-(258X(##-(%&(758(A*&(&5%"(1%%-(E*67"%&T(F58(20%?"(K567(7%%?(D0%$T(& & %&Q5.%4'06%7(%450%C(.%'06(+='(3R&&B*"*-(20&$(7%"(?%#A(01(1%%("%($0%&(**&(7%"(0&$%-K0%AT(F58(20&$(7%"(?%#A(01(X0"0_,("%(&%1%&T(F58(E%%"($*"(758(158($**-$00-(7%%X"(D%70?M%&T((

! #&!

OT\T9 H0"0<5&"%-25%E,($%%?&%1%-(9(&- O0.(+4/(2%$%&2".)//3'Q55+'B%4')*%7(%6(()./76-%9(+'(,-'06(+2/7-R%%Z*&5,(20?D"($%%?"58$,(0&$%-E58,(01$*"(758(E5?(E%-A%&T(F58(25&$"($%%?"58$,(&#(2%-2%?%&$(%&(,**5(01$*"(758(&0D(,"%%$,(&5%"(E%-A"T(F58(E*67"(*?(?*&D(0M(E%-AY($-5%(1**&$%&T(F58($*67"($*"(758("58$%&,(QXX%6"(00A(K0#(A0A%&(K0*?,(C58(K58&(,"#$5%Y(a`%#A%&1%$%E%-A%-_T(F58($*67"($*"(7%"(0&D%2%%-(7%"K%?X$%(K0#(K58&T(((Q()3(%-.F6/(+/8C./0*%C(9%7(%C/(+4''+%*(4')*6R%%Q%-,"(20?D$%(758(%%&(*?D%1%&%(-567"5&D(5&(7%"(20?"58$,(C%-0%M,0&$%-E58,T(3**-&*(7%%X"(758(7**-"005(D%20?D$T(4%-20?D%&,(7%%X"(758(%%&(8**-(,675?$%-%&(D%$**&T(3%K%(-567"5&D($%%$(758("%D%&(K58&(K5&T(((Q()3(%+/8C./0*%4')*%7(%0FR%%R#(20?D"(758($%(-567"5&D(a`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a675??_(01("E%%($*D%&(5&($%(E%%A(&**-(,6700?("%(D**&(%&(01("E%%($*D%&(1%"(1%&,%&(,*1%&("%(E%-A%&T(F58(25&$"(7%"(1*AA%?58A($*"(758(&0D(&5%"(10%"(E%-A%&T(F58(25&$"(7%"(?%#A($*"(758(0M(E0%&,$*D(2-58(7%%X"(01(1%"(%%&(2-5%&$5&(&**-($%(65&%1*("%(D**&T(((H(06(%7(%C/(+4''+%0'*%B(0-(0%6/(%&T<U%4')*(0%'A%C(99(0%*(4')*6R%Z*&5,(K58&(C-0%-(20?D$%(00A(a`%#A%&1%$%E%-A%-_T(F58(7%%X"(D%%&($5M?01*Y(1**-(7%%X"(2%%?(%-2*-5&DT(F58(7%%X"(*?(5&($-5%(-%,"*#-*&",(D%E%-A"T(F58(5,(&#(9O(8**-T(((45*/0/"/'-.+).1)+*/"''J'(%4'()6(%7(%7(%550%C(.%9(*/0%450%6(%65*R%%F58(20%?$%(K567(,?%67"T(((J'(%3'B.%C(.%65.%7(%7(%='%4'()6(R%F58(5,(**&(7%"(2*,"%&(%&(7*$($**-$00-(&5A,(D%D%"%&(0X(D%$-0&A%&T(F%"(2*,"%&($##-"(;9($*D%&T(F58(K%D"($*"($5"(C58($%(S#-A,%(6#?"##-(700-"T((6227'83'9/5/1,"*'1+"'&/':$0;/./".,/<$;&)+:#./"''

(Q5.%-.55.%(+%',%7(%A'.'R%&LM($%K%(X0"0(,"**&(H5%&Y()&*+,(%&()?%jT(b%(K58&(**&(7%"(&**5%&(5&(7%"(A?*,?0A**?T(Z*&5,(20&$($5"(%%&(1005(C%%?$T(3%("E%%(C%D%?%5$,"%-,(K58&($%(%&5D,"%(1%5,8%,(5&($%(D-0%MT((((Q5.%4'06%7(%450%6(%',6+58C.(0R%%F58(25&$"($5"(&5%"(?%#A(01$*"(758(2-0%D%-(0M(,6700?(2%%?(0&D%?#AA%&(7%%X"(D%7*$(1%"(&**5%&T(F58(25&$"($5"(D%%&(?%#A(E%-AY(8%(10%"($%(7%?%("58$(7%"K%?X$%($0%&T((>58($%K%(0M$-*67"(7%CC%&(E%(%%-,"(%%&(M-%&"(10%"%&(K0%A%&T(Z*&5,(7%%X"(75%-$00-(C%"%-(?%-%&(?#5,"%-%&(E*&"(5%$%-%%&(10%,"(?#5,"%-%&(&**-(%?A**-T(Z*&5,(E0#(%%-,"($%(

S#-A,%(2?*D(*?,(*XC%%?$5&D(01$*"(%-(2%%?(S#-A%&(5&(QXX%6"(K58&T(F58(E5?(&5%"("0&%&($*"(758(S#-A,(5,Y(1**-(25&$"($5"(7%%?(1005T((

! #'!

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b0&$%-(%2*?#%-%&(%&(&*C%,M-%A%&(K0#$%&($%(80&D%-%&(&5A,(0&"70#$%&T(((((%//2&1[&W=<=EABC&EDB&R=&FDIZ=?c&R=&ABN:9>=<=&>:>=B@=B&&

Q5.%-.55.%(+%',%7(%A'.'R%(LM($%K%(X0"0(,"**"(B*"*-T(F58(K*"(5&($%(K%"%?(5&(7%"(?0A**?T(F58($%%$(K58&(7*&$%&(200-(K58&(D%K567"("0%&(758(K*D($*"(Z*&5,(%%&(X0"0(E5?$%(&%1%&T(B*"*-(7%%X"(Z*&5,(D%M?**D$($00-($5"("%($0%&(E*&"(%5D%&?58A(E5?$%(758(E%?(0M($%(X0"0T()?%j(E*,(00A(5&($%(C##-"T(F58(E*,(**&(7%"(E0-,"%?%&(1%"(!#,T((((Q5.%C(9%7(%./76(0-%6(%,5F=(-%*(6550R%%S58$%&,($%(A?%5&%(M*#K%,(7%%X"(Z*&5,(C#5"%&(D%,"**&(%&(5&($%(15$$*D(E*,(758(C5&&%&T(F58(A*&(&5A,(*&$%-,($0%&(01$*"(758(&5%"(1*D(%"%&Y($-5&A%&(%&(-0A%&T(b0$-*(7%"($0&A%-(5,Y(1*D(758($5"(E%?T(((

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

(Q5.%-.55.%(+%',%6(%A'.'R(LM($%K%(X0"0(,"**"(I%&0T(Z*&5,(A%&"(7%1(*?(7%%?(?*&DT(F58(5,(*?(K%,"5%&(8**-(K58&(C##-T(F58(5,(1**-($-5%(1**&$%&(0#$%-($*&(Z*&5,T(b58&(1*1*(A%&"(Z*&5,(K58&(1*1*(%&(K58&(C-0%-(A%&"(Z*&5,(K58&(C-0%-T(F58(7%%X"(7%1(&0D(&005"(K5%&(&**5%&T(L1($5%(-%$%&(E5?$%(758($%K%(X0"0(&%1%&T(I%&0(%&(Z*&5,($0%&(75%-(*&$%-%($5&D%&($*&("7#5,(K0*?,(&**5%&(%&(A#5,%&T(35"(7%%X"(Z*&5,(&0D(&005"(D%$**&("7#5,T(LX(K0*?,(A0A%&(0M(,6700?T(S7#5,(7%%X"(758(15,,675%&(gg&(0X("E%%(A%%-(%%&(E0-"%?(D%,&%$%&T(35"(A01"($00-(K58&(6#?"##-Y(K%D"(758T(3%(2-0#E%&(10%"%&(A0A%&(%&($%(1*&&%&(10%"%&("%?%25,5%(A58A%&("%-E58?(K%(E*67"%&(0M(7%"(%"%&T(F58(25&$"($5"(,01,(

1*AA%?58AY(C58200-C%%?$(*?,(758(10%(5,T(F58(25&$"($5"(00A(0&%%-?58A(%&(25&$"($*"($%(2-0#E(D%%&(,?**X(5,T()?,(758(D**"("-0#E%&(D**"(758(K58&(2-0#E(-%,M%6"%-%&T()?,(K%(10%(5,Y(D**"(758(K%DD%&'(a`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b%(7%CC%&(,*1%&(0M$-*67"%&(D%$**&(E**-C58(K%(10%,"%&(,*1%&E%-A%&T(F58(25&$"($%(D-0%M(?%#A(01$*"(5%$%-%%&(D-*M8%,(1**A"(%&(01$*"(K%(,*1%&(E0-,"%?%&T(W%$%-%%&(A%&"(%?A**-(5&(QXX%6"T(F58(A%&"(80&D%-%&(2*&(5&(K58&(,"-**"Y()?%j(5,(K58&(&%%XY(!#,(A%&"(758(2*&(7%"(200-"-*8%6"(K%?X(%&(Z*&(A%&"(758(2*&(0M(,6700?T(((

! #(!

&Q55+'4(+%C(99(0%7F))/(%*(9599()6R%b%(C*CC%?%&(02%-(2%-,675??%&$%(0&$%-E%-M%&T(4*&$**D(7%CC%&(K%(02%-(7%"(X0"0"0%,"%?(D%M-**"(01$*"(758(75%-1%%(C%K5D(E*,T(b%(C*CC%?%&(2**A(02%-(E*"(K%(D%$**&(7%CC%&T(I0%,"(758("7#5,(%%&(D-00"(M-0C?%%1(7%CC%&(K0#(758($5"(%&A%?(**&(I%&0(%&()?%j(2%-"%??%&(01$*"(758(7#&(*?(7%%?(?*&D(A%&"T()*&($%(*&$%-%&(K0#(758($5"(&5%"(K%DD%&(01$*"(758(5%1*&$(%67"(10%"(A#&&%&(2%-"-0#E%&T(LM(,6700?(2%-"%?"(758(00A(&5%"(E*"(%-("7#5,(D%C%#-"T()*&(H5%&(%&(@*--%(K0#(758(E%?(%-D%($5&D%&(%&(D%7%51%&(2%-"%??%&T((((6227'C3':$".+:./"'0/.'&/'D/*/5/,&/)'&

Q5.%-.55.%(+%',%7(%A'.'R%(LM($%K%(X0"0(,"**"(H5%&T(b%(E*,(**&(7%"(K*D%&T(Z*&5,(E5?$%($%K%(X0"0(2*&(7**-(&%1%&T((Z*&5,(%&(H5%&(7%CC%&(D0%$%(60&"*6"%&(D%7*$(2*&$**DT(Q-(E*-%&(D%%&(M-0C?%1%&T(H5%&(7%%X"(D%K5%&($*"(Z*&5,(%%&(C%%"8%(,?*M(E*,T(b%(7%%X"(-%A%&5&D(D%70#$%&(1%"(7%1T(F58(25&$"($*"(C%D%?%5$%-,(80&D%-%&($5%(2*,"%&(10%"%&(C%D-58M%&T(F58(25&$"($*"(%-(5&(QXX%6"(-%A%&5&D(E0-$"(D%70#$%&(1%"($%(80&D%-%&T(F58(7*$($**-$00-(%%&(,#M%-D0%$(D%20%?T(40-5D(8**-(7*$(K58&(?%-**-(0M(,6700?(D%%&(-%A%&5&D(D%70#$%&(1%"(7%1("0%&(758(2*,""%(%&($*"(20&$(758(8*11%-T(((

45*/0/"/'-5$.1)+*/"3''J'(%4'()%7(%7(%550%C(.%(/06(%450%6(%65*R%(F58(5,(C?58(01$*"(758(C5&&%&(%%&(##-(%&(%%&(7*?X(A*&(%"%&T(F58(E5?$%($*"(7%"(200-"-*8%6"(&0D(%%&(7*?X(##-(?*&D%-($##-$%(01$*"(%-($*&(%j"-*("58$(200-C58(D5&DT()?,(758(&5A,($0%"Y(A-58D"(758(,"-%,,(01$*"(758(70&D%-(7%%X"T(%((- O0.(+4/(2%#%(45*/0/"/'-.+).1)+*/"3''J'(%4'()6(%7(%7(%550%C(.%9(*/0%450%6(%65*R%%4*&067"%&$(20%?$%(758(K567(D0%$T(F58(E*,(C?58(01$*"(758(A0&(%"%&(%&(-0A%&T(F%"(2*,"%&(5,(2*&*X(2*&$**D(200-C58T(F58(7*$(K5&(01(&**-(QXX%6"("%(A01%&T((F58(7*$("58$%&,(7%"(7#5,C%K0%A(2*&(H5%&(%&(K58&("-*8%6"C%D%?%5$%-(C%?00X$($*"(758(&**-(QXX%6"(K0#(A01%&T(b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

'Q5.%-.55.%(+%',%7(%A'.'R%&LM($%K%(X0"0(,"**"(o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

"%-E58?(758($5"(5&(7%"(%67"(E%?(K0#($0%&T((

! #)!

F58(E5?$%($5"(0M(200-7*&$(&5%"(C%"%-(A#&&%&(01$*"(758($5"(*?(A0&T(F58(25&$"($*"(%&A%?($5%D%&%&($5%(&5%"(D0%$(R%$%-?*&$,(A%&&%&($5"(10%"%&(?%-%&T((F58(7%%X"(E%?(1%%-(02%-(,0??565"%-%&(D%?%%-$T(F58(7%%X"(00A(1%%-(02%-(K567K%?X(D%?%%-$Y(02%-(E*"(K58&(AE*?5"%5"%&(K58&T(F%"(5,(D0%$($*"(758($5"(C%"%-(E%%"T((((6227'=3'9/5/1,"*'1+"'&/';+%>/-?'&/',"@$)0/5/'0$0/"./"'&

Q5.%-.55.%(+%',%7(%A'.'R%&)?%jY(o%15(%&(B*"*-(,"**&(0M($%K%(X0"0T(b%(E*-%&(**&(7%"(,#-X%&(0M(5&"%-&%"T(W%$%-%%&(E*,(5&($%(A?*,T(((Q5.%C(9%7(%./76(0-%6(%,5F=(-%*(6550R%%S58$%&,($%(A?%5&%(M*#K%(5,(Z*&5,(&**-(C#5"%&(D%D**&(1%"(K58&(2-5%&$T(S58$%&,($%(15$$*DM*#K%(7%%X"(758(D%D%"%&T(b%(7%CC%&(D%C*CC%?$(02%-($%(X5"&%,,T(b%(E*-%&(**&(7%"(X*&"*,%-%&($*"(K%(9::(A5?0(K0#$%&(0M7%XX%&T((R*($%(15$$*DM*#K%(E*,(758("%(?**"(01$*"(I%&0(&0D(**&(7%"(%"%&(E*,T(Z*&5,(7*$(0M(7%1(D%E*67"T(F58(20&$(7%"(&5%"(%-D($*"(758("%(?**"(E*,(01$*"(758(K58&(C%,"(7%%X"(D%$**&(01(

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

(Q5.%-.55.%(+%',%7(%A'.'R(LM($%K%(X0"0(,"**"(Z*&T(F5%-(E*-%&(E%(1%"($%("-*1(0M(E%D(&**-($%(X5"&%,,T(((N(.%2()3(%7'0*(+(0%C(9%7(%450655*%8'0.58.%*(C56R%Z*&5,(7%%X"(1%"(5%$%-%%&(60&"*6"(D%7*$T(F%"(E*,(,"%%$,(%%&(D0%$(60&"*6"T(F58(A01"(1%"(5%$%-%%&(02%-%%&T(F58($%&A"($*"($5"(A01"($00-$*"(758(2-5%&$%?58A(5,T((&&&&

%//2&T[&L:B@DL@=B&>=@&R=&;=C=<=AR=9?&(Q5.%-.55.%(+%',%7(%A'.'R%(F5%-0M(,"**&(I5A0(%&()&*+,T(b%(E*-%&(M*?%"8%,(**&(7%"(,675?$%-%&T((N(.%2()3(%9(*()(/6(+-%C(9%7(%450655*%8'0.58.%*(C56R%Z*&5,(7%%X"(1%"(H5%&(%&(@*--%(60&"*6"(D%7*$T(b%(E%"%&($*"(Z*&5,($%(&00$K*A%?58A%(601M%"%&"5%,(C%K5"Y(1**-(200-(758(D**"(E%-A%&(E5??%&(K%($%K%($#5$%?58A%-(K5%&T(F%"(200-"-*8%6"(5,(D0%$(01(%?%1%&"%&("%(?%-%&Y(1**-(*?,(5%1*&$(200-($%%?"58$,(0&$%-E58,(A5%,"Y(A5%,"($5%(&5%"(200-(7%"(200-"-*8%6"T(b0(5%1*&$(E5?(D**&(E%-A%&T(_,(I0-D%&,(7%%X"(@*--%(D%K%D$($*"(Z*&5,(0M("58$(E*,(%&($*"(

$5"(D0%$(E*,T(H5%&(E*,(00A(C?58(01$*"(758(*?("E%%($*D%&(0M("58$(5,T()?,(Z*&5,(E5?Y(A*&(758(0M("58$(A01%&T()?,(758(D%?$(D**"(A-58D%&(200-(K58&(E%-AY(K*?(758(7%"(1*AA%?58A%-(25&$%&(01(0M("58$("%(A01%&T((F%"(6%-"5X56**"($*"(758(2*&(ZQ!(A-58D"Y(25&$"(758(&5%"(K0(C%?*&D-58A(01$*"($5"(7%1(D%%&(E%-A%-2*-5&D(D%%X"T(Z%(A-58D"(00A(*?(%%&($5M?01*(0M(,6700?T((

! $+!

(45*/0/"/'-5$.1)+*/"3''J'(%4'()%7(%7(%550%C(.%(/06(%450%6(%65*R%(F58(5,(7%%?(C?58($*"(7%"(10-D%&(E0%&,$*D(5,(01$*"(758(2%%?(?%#A%($5&D%&(D**"($0%&T%((- O0.(+4/(2%!%'45*/0/"/'-.+).1)+*/"3''J'(%4'()6(%7(%7(%550%C(.%9(*/0%450%6(%65*R%%4*&067"%&$($*67"(Z*&5,'(aL7(&%%Y(E%%-*?(200-"-*8%6"_T(((J'(%3'B.%C(.%65.%7(%7(%='%4'()6(R%F58(25&$"(7%"(200-"-*8%6"(&5%"(K0(C%?*&D-58A(200-(7%1T(LM("58$(A01%&(25&$"(758(75%-(00A(15&$%-(C%?*&D-58A($*&(0M(%%&(g67"%(E%-AM?%AT(S0%&(758(5&(7%"(C%D5&(&**-(QXX%6"(AE*1Y(20&$(758(7%"(E%?(?%#AT(F58(25&$"(7%"(,M58"5D($*"(%-(D%%&(1%5,8%,(5&($%(D-0%M(K5""%&T(((6227'83'9/5/1,"*'1+"'&/':$0;/./".,/<$;&)+:#./"''

&&Q5.%-.55.%(+%',%7(%A'.'R%&LM($%K%(X0"0(,"**"(o%15($5%(1%"(K58&(D,1(C%K5D(5,T(F58(E*,(K58&(2056%1*5?(5&(0-$%(**&(7%"(C-%&D%&T(H5%&(E*,(**&(7%"(A58A%&(%&(**&(7%"(7%?M%&T(F58(20&$($5"(%%&(?%#A%(0M$-*67"(01$*"(758("0%&(1%"(K58&(%5D%&(D,1(C%K5D(A0&(K58&T((@*--%(E*,(%%&(,0??565"*"5%D%,M-%A(**&(7%"(70#$%&(1%"(*&$%-%(80&D%-%&T(F58(20&$($5"(%%&(D0%$%(0M$-*67"(01$*"(758(0M($5%(1*&5%-(A0&(0%X%&%&(200-(%%&(,0??565"*"5%T(F58(7%%X"(D%?%%-$(70%(758(10%"(,M-%A%&("58$%&,(%%&(,0??565"*"5%D%,M-%AY(E%?A%(70#$5&D(758(10%"(**&&%1%&(%&(

$*"(758(2-*D%&(10%"(,"%??%&(E*&&%%-(758(D**"(,0??565"%-%&T(F58(20&$($%K%(0%X%&5&D(D-*MM5D(01$*"(@*--%(200-(7%1(K*"Y(1**-(*?,(758(200-(%%&(C**,(K0#(K5""%&(K0#(758(,%-5%#,(K58&T((@%(7%CC%&(00A(%%&(0M$-*67"(D%$**&(-0&$(%5D%&,67*MM%&T(3%K%(0M$-*67"(20&$(Z*&5,(?%#AT(W%$%-%%&(A-%%D(%%&(M?*AA%-(1%"(%%&(%5D%&,67*M(0M(K58&(-#D(D%A?%%X$T(3%(*&$%-%&(10%,"%&($%K%(%5D%&,67*M($#5$%?58A(1*A%&($00-(D%M*,"("%(-%*D%-%&T(LM($5%(1*&5%-(10%,"%&($%(*&$%-%&($5"(-*$%&T(F58(7*$(a,**5_(0M(K58&(-#DY(1**-(E5?$%(?5%2%-($*"($5"(_6-515&%%?_(E*,T(F58(K%5("%D%&($%(a7*-$%(E%-A%-_(C58200-C%%?$'(aG0%$(D%E%-A"n_T(F58(20&$($5"(1*AA%?58A(01$*"(K%(2*?,(D%,M%%?$(7*$$%&T(b%(7*$$%&(**&(%?A**-(2%-A?*M"(E%?A%(%5D%&,67*M(5%1*&$(7*$(D%A-%D%&T(b%(7*$$%&($5"(5&(7%"(S#-A,(**&(%?A**-(2%-"%?$Y(K0$*"($%(C%D%?%5$%-,($5"(&5%"(2%-,"0&$%&T(F58(25&$"(7%"(10%5?58A(01(1%"(K58&(&%%XY($5%(00A(5&(QXX%6"(K5"(R%$%-?*&$,("%(M-*"%&(01$*"(758(7%"(D%E00&(5,(01(S#-A,("%(,M-%A%&(1%"(7%1T((300-($%K%(0M$-*67"(7%%X"(758(D%?%%-$($*"(758("58$%&,(%%&(,M%?(&5%"(1*D(2%-A?*MM%&(E*"(8%(10%"(-*$%&T(((6227'=3'9/5/1,"*'1+"'&/';+%>/-?'&/',"@$)0/5/'0$0/"./"'

&Q5.%-.55.%(+%',%7(%A'.'R%&LM($%(X0"0(,"**"()?%jY($%(&%%X(2*&(Z*&5,T((Q5.%C(9%7(%./76(0-%6(%,5F=(-%*(6550R%W&($%(A?%5&%(M*#K%(5,(Z*&5,(&**-(C#5"%&(D%D**&Y(758(7%%X"(D%-00A"T(W&($%(15$$*DM*#K%(5,(758(&**-(7#5,(D%D**&(%&(7%%X"(758(D%D%"%&T(L&$%-E%D(&**-(ZQ!(7%%X"(758(D%-00A"T(a,(I5$$*D,(5,(758(&**-($%(C*AA%-(D%D**&T(((Q55+%658C.%7(%550%./76(0-%6(%,5F=(-R%%F58($*67"("58$%&,($%(M*#K%(**&(%%&(1%5,8%T(((

6227'A3':$".+:./"'0/.'+"&/)/'B$"*/)/"'&Q5.%-.55.%(+%',%6(%A'.'R(

! $*!

LM($%K%(X0"0(,"**"(H5%&(%&(B*"*-T(b%(E*-%&(*&"E00-$%&(**&(7%"(K0%A%&(0M($%(,5"%(2*&($%(A-5&D?00ME5&A%?Y(01$*"(E%(75%-(&**-"0%(D5&D%&T(((N(.%2()3(%7'0*(+(0%C(9%7(%450655*%8'0.58.%*(C56R%F58(7%%X"(1%"(5%$%-%%&(60&"*6"(D%7*$(2*&$**DT(F58(25&$"($5"(%%&(D0%$(60&"*6"(01$*"(K%(D0%$%(2-5%&$%&(K58&T(F58(20%?"(K567(00A(C58(5%$%-%%&(0M(K58&(D%1*AT()?%j(%&(Z*&(K58&Y(K58&(2-5%&$%&(D%E0-$%&(25*(,6700?(%&(25*(200-"-*8%6"T((%Q55+'4(+%C(99(0%7F))/(%*(9599()6R%b%(7%CC%&(D%C*CC%?$(02%-(*#"0_,(%&(02%-(E*"(K%($*D%?58A,(

1%%1*A%&T((&6227'C3':$".+:./"'0/.'&/'D/*/5/,&/)-'%

Q5.%-.55.%(+%',%7(%A'.'R%%F5%-0M(,"**&(H5%&(%&()&*+,Y(K%(K58&(7%%?(,%-5%#,T(F58(7%%X"($%K%(X0"0(D%&01%&(01$*"($%(C%D%?%5$%-,(C%K5D(K58&(1%"(D,1_,T(35"(D%C%#-"(&005"T((((N(.%2()3(%9(*()(/6(+-%C(9%7(%450655*%8'0.58.%*(C56R%F58(7%%X"(1%"(*??%(C%D%?%5$%-,(60&"*6"(D%7*$("58$%&,($%(0M$-*67"%&T(35"(60&"*6"(E*,(D0%$(01$*"($%(C%D%?%5$%-,(C%?%%X$(E*-%&(%&(758(E*,(00A(C%?%%X$T(((45*/0/"/'-5$.1)+*/"3''J'(%4'()%7(%7(%550%C(.%(/06(%450%6(%65*R%%F58(5,(C?58(01$*"(758(A*&(%"%&(%&(,?*M%&T(F58(10%"(?*67%&(

01$*"(7%"(*?("E5&"5D(200-(25%-(5,Y(K58&(2-5%&$%&(K58&(*?(&**-(7#5,T(F58(25&$"($5"(D0%$(01$*"(758(E*&&%%-(758(1%"(7#&(1%%D**"(_A-*M##?_(5,T(F58($0%"(,"0%-(C58(7%&T()?,(758(*??%%&(0M(,"-**"(?00M"($0%"(758(&0-1**?T((((- O0.(+4/(2%1%&45*/0/"/'-.+).1)+*/"3''J'(%4'()6(%7(%7(%550%C(.%9(*/0%450%6(%65*R%%a,(L67"%&,(E*,(Z*&5,(C?58T(((J'(%3'B.%C(.%65.%7(%7(%='%4'()6(R%F58(E*,(C?58(01$*"(758(**&E%K5D(E*,T(40-5D%(E%%A(E*,(758(%-(&5%"(%&(7%CC%&($%(C%D%?%5$%-,(75%-(2%%?(02%-(D%K**D$T(F58(E5?$%($5"(&5%"(1%%-T(F58(E*,(00A(0M("58$T(((6227'83'9/5/1,"*'1+"'&/':$0;/./".,/<$;&)+:#./"'''

Q5.%-.55.%(+%',%6(=(%A'.'R%&F5%-(E*-%&(H5%&(%&()&*+,($%(C%*1%-(**&(7%"(M-0C%-%&(5&,"*??%-%&T(@58(E*-%&(**&(7%"(E*67"%&T(Z*&(%&(B*"*-(K5""%&(75%-(5&($%(K%"%?,(A?**-(01("%(C%D5&&%&(A58A%&T(((Q5.%4'06%7(%450%6(%',6+58C.(0R%%F58(20&$($%(X5?1(F*,"*(p*(45,"*(%&D(01$*"(7%"(02%-(M%-,0&%&(1%"(%%&(7*&$56*M(D**"T(F58(20&$($5"(&5%"(?%#A(01$*"(758(7%"(%-D(25&$"($*"(K%(%%&(7%?%($*D(5&(%%&(-0?,"0%?(K5""%&T(F58(C%,%X"($*"(758(A*&(,"*MM%&Y("%-E58?(K58(7#&(C%&%&(&5%"(A#&&%&(D%C-#5A%&T(F58(7%%X"(D%?%%-$($*"(*?,(758(5%",(E5?Y(758(7%"(00A(A*&T()?,(758(C58200-C%%?$(E5?(E%-A%&Y(A*&(758(&**-($%(43)>(D**&(01(E%-A("%(K0%A%&T((

! $"!

@%(K58&(00A(&**-($%(E%-AE5&A%?(D%D**&T(Z*&5,(E*,(10%("58$%&,(7%"(C%K0%A(**&($%(E%-AE5&A%?Y(E**-$00-(758(15&$%-(D0%$(7%%X"(0MD%?%"T(F58(7%%X"(E%?(0&"70#$%&($*"(8%(5&($%(E%-AE5&A%?(5&"%-&%"(A*&(D%C-#5A%&(01(E%-A("%(K0%A%&T(F58K%?X(D**"(75%-(D%%&(D%C-#5A(2*&(1*A%&(01$*"(758($5%(7#?M(&5%"(&0$5D(7%%X"T(F58(K0#(?5%2%-(&**-(%%&(5&"%-&%"6*Xg(D**&(01(E%-A("%(K0%A%&T((6227'=3'9/5/1,"*'1+"'&/';+%>/-?'&/',"@$)0/5/'0$0/"./"'&

Q5.%-.55.%(+%',%7(%A'.'R%&LM($%K%(X0"0(,"**"(Z*&T(@%(E*-%&(1%"($%("-*1(0&$%-E%D(&**-($%(E%-AE5&A%?T(W%$%-%%&($5%(2*&$**D(**&E%K5D(E*,Y(E*,(1%%(1%"($%("-*1T(((Q5.%C(9%7(%./76(0-%6(%,5F=(-%*(6550R%%W&($%(A?%5&%(M*#K%,(5,(758(*??%%&(D**&(-0A%&T(S58$%&,($%(15$$*DM*#K%(5,(758(1%"(I%&0Y(Z%??%(%&(Z*&(&**-($%(C*AA%-(D%D**&T(b%(7%CC%&("0%&(D%C*CC%?$(02%-($%(X5?1T(F58(20&$($5"(%%&(%&D%(X5?1(%&(20&$(7%"(8*11%-($*"(E%($%(X5?1(0M($%(?*M"0M(7%CC%&(10%"%&(C%A58A%&(01$*"($%(C%*1%-(&5%"(E%-A"%T(((

Q55+%658C.%7(%550%./76(0-%6(%,5F=(-R%%F58($*67"(**&()&"E%-M%&Y(01$*"(758(75%-(5&(7%"(E%%A%&$(&**-"0%(D**"T(((6227'A3':$".+:./"'0/.'+"&/)/'B$"*/)/"'&

Q5.%-.55.%(+%',%7(%A'.'R(F5%-(E*-%&(B*"*-Y(I%&0(%&(H5%&($%(C%*1%-(**&(7%"(5&,"*??%-%&T(3%(*&$%-%&(E*-%&(**&(7%"(E*67"%&(5&($%(K%"%?,T(L&$%-"#,,%&(E*,(%-(%%&($5,6#,,5%(0&","**&("#,,%&(o%15(%&(I%&0T(Z*&5,(E*,(75%-$00-(C00,(D%E0-$%&T(F58(5,(5&($%(D*&D(D**&(*XA0%?%&T(F58(7%%X"(5&($%(K%"%?(D%?%D%&(%&(5,($**-&*(0M&5%#E(&**-(C5&&%&(D%D**&T(((N(.%2()3(%7'0*(+(0%C(9%7(%450655*%8'0.58.%*(C56R%4*&$**D(7%%X"(758(1%"(5%$%-%%&(60&"*6"(D%7*$T(b%(7%CC%&(,*1%&(&**-($%(X5?1(D%A%A%&(%&(K58&(,*1%&(0M(C%K0%A(D%D**&(&**-($%(a@%-AE5&A%?_T((

(Q55+'4(+%C(99(0%7F))/(%*(9599()6R%F58(7%%X"(D%2-**D$(**&(I%&0(0X(758($5"(E%%A%&$(1%%D**"(&**-()&"E%-M%&Y(1**-(I%&0(E5?(&5%"(1%%T(((6227'C3':$".+:./"'0/.'&/'D/*/5/,&/)-'(

Q5.%-.55.%(+%',%7(%A'.'R%(LM($%K%(X0"0(,"**"(H5%&T(((N(.%2()3(%9(*()(/6(+-%C(9%7(%450655*%8'0.58.%*(C56R%F%"(60&"*6"(1%"(H5%&(20&$(758(%%&(C%%"8%(2%-2%?%&$(01$*"(Z*&5,(2%%?(0M1%-A5&D%&(7%%X"(D%A-%D%&T(F58(A-%%D(0M1%-A5&D%&("0%&(758(*&$%-%&(**&-**A"%T(b%(7%%X"(Z*&5,(00A(*M*-"(D%&01%&("0%&(758(AE**$(E%-$T(b%(K%5($*"(758(-#,"5D(10%,"(K58&T(((45*/0/"/'-5$.1)+*/"3''J'(%4'()%7(%7(%550%C(.%(/06(%450%6(%65*R%%

F58(5,(C?58($*"(7%"(200-"-*8%6"(D%$**&(5,T(I0-D%&(7%%X"(758(2-58T(((Q5.%4'06%7(%450%C(.%'06(+='(3R%

! $#!

F58(20&$($%(5&"%-25%E,(?%#A(%&(a675??_(01$*"(758(1067"(,M-%A%&T(F58(25&$"(7%"(D0%$($*"(758(158(7%%X"(A#&&%&(7%?M%&T(F58(D**"(?*"%-(15,,675%&(00A(%%&(0&$%-K0%A(#5"20%-%&(%&(700M"($*"($%(80&D%-%&(7%1($*&(00A(K#??%&(-%,M%6"%-%&($00-(1%%("%(7%?M%&T((&OT\T= H0"0<5&"%-25%E,($%%?&%1%-(=(

(- O0.(+4/(2%$%'2".)//3'Q55+'B%4')*%7(%6(()./76-%9(+'(,-'06(+2/7-R%%G7%&"_?%(20?D"($%%?"58$,(0&$%-E58,(01$*"(758(E5?(?%-%&(E%-A%&T(F58(5,(&0D(80&D(%&(75%-(5&(QXX%6"(?%%-(8%(E*"(C%?*&D-58A(5,(01("%(A#&&%&(E%-A%&(%&(70%(8%(A*&(,0??565"%-%&T(F58(20?D"(a4%-A00M_(%&($%&A"($*"(75%-(&5%"(2%%?(E%-A(200-("%(25&$%&(5,T(&Q()3(%-.F6/(+/8C./0*%C(9%7(%C/(+4''+%*(4')*6R%%Q%-,"(7%%X"(G7%&"_?%()!L(D%20?D$T(3**-&*(7%%X"(758(a`*&"00-(%&(2%-A00M_(D%20?D$(5&(7%"(3>!LT(F%"(8**-($**-&*($%%$(758($%(-567"5&D(aQ?%A"-565"%5"_Y(00A(5&(7%"(3>!LT((((&Q()3(%+/8C./0*%4')*%7(%0FR%%R#(20?D"(758(0M&5%#E((a`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

Q5.%-.55.%(+%',%7(%A'.'R%(W%$%-%%&(E*,(5&($%(A?*,T(W%$%-%%&(E*,(C%K5D(1%"($%K%?X$%(0M$-*67"T(G7%&"_?%(7%%X"($%K%(X0"0(D%&01%&(01$*"(758(7%"(?%#A(20&$($*"(5%$%-%%&(C%K5D(E*,T(3%(80&D%-%&(E*-%&(%%&(0&$%-,67%5$(**&(7%"(1*A%&("#,,%&(%%&(M0,5"5%2%(%&(%%&(&%D*"5%2%(?#5,"%-70#$5&DT((%Q5.%4'06%7(%450%6(%',6+58C.(0R%%>58($%K%(0M$-*67"(A-%%D(5%$%-%%&(%%&(A**-"8%T(3%(%&%(10%,"(2%-"%??%&(%&($%(*&$%-%(10%,"(&%D%-%&Y(D0%$(?#5,"%-%&Y(2*&(0&$%-E%-M(2%-*&$%-%&Yk(G7%&"_?%(20&$(7%"(%%&(?%#A%(0M$-*67"(01$*"(758($**-$00-(7%%X"(D%?%%-$(70%(

8%(0M(%%&(D0%$%(1*&5%-(?#5,"%-"T(40?D%&,(G7%&"_?%(C%"%A%&"(D0%$(?#5,"%-%&($*"(8%($%(M%-,00&($5%(,M-%%A"(**&A58A"Y(8%(A&5A"(%&(a8*_(K%D"T(F58(20&$($5"(%%&(D%1*AA%?58A%(0M$-*67"T(G7%&"_?%(25&$"(7%"(D0%$($*"(758($5"(D%?%%-$(7%%X"(E*&"($5"(A*&(7%1(7%?M%&(E*&&%%-(758(D**"(,0??565"%-%&T((G7%&"_?%(%&($%(*&$%-%&(K58&(00A(&**-(%%&(5&"%-51A*&"00-(D%D**&(2*&$**DT(F58(20&$(7%"(C%K0%A(**&(7%"(5&"%-51A*&"00-(5&"%-%,,*&"Y(1**-(00A(,**5(01$*"($%(1%&%%-(2%%?(C*CC%?$%T(F58(K0#(7%"(15&$%-(,**5(D%20&$%&(7%CC%&(5&$5%&(758(15&$%-(7*$(D%,M-0A%&(%&(1%%-(%?%1%&"%&(7*$(D%"00&$T(((

! $$!

6227'=3'9/5/1,"*'1+"'&/';+%>/-?'&/',"@$)0/5/'0$0/"./"'&Q5.%-.55.%(+%',%7(%A'.'R%&LM($%K%(X0"0(,"**&(@*--%(%&(>%-"T(>%-"($%%$(10%5?58A(01$*"(758(&*($%(M*#K%(K58&(D,1(&5%"(E5?$%(*XD%2%&T(G7%&"_?%(25&$"(7%"(2%-2%?%&$(*?,(758(K58&(D,1(10%"(*XD%2%&(01$*"(%%&(D,1("%D%&E00-$5D(C%?*&D-58A(5,(200-(80&D%-%&T(F%"(5,(C%?*&D-58A(01(,1,_%&("%(,"#-%&T((G7%&"_?%(7%%X"($%K%(X0"0(D%&01%&(01$*"(758(K*D($*"(K%(**&(7%"($5,6#,,5l-%&(E*-%&T(F58(20&$($%K%($5,6#,,5%(D-*MM5DT(3%K%(X0"0(5,(D%&01%&(5&($%(A?*,T(W%$%-%%&(K*"(5&(%%&(A-5&DT(((Q5.%C(9%7(%./76(0-%6(%,5F=(-%*(6550R%%G7%&"_?%(5,(D**&(%"%&(5&($%(X-5"##-T(F58(5,(0M(K58&(D%1*A(

"%-#D(D%A%%-$T(35"(E*,(,*1%&(1%"(>%-"Y(!%*&(%&(>-*751T(b%(7%CC%&(D%C*CC%?$(02%-(E*"(K%(&*(QXX%6"(K0#$%&($0%&T(G7%&"_?%(%&(!*1(D**&(20%"C*??%&T(>-*751(D**"(&**-(7#5,T(G7%&"_?%(,M%%?"(20%"C*?(5&(3%,"%?C%-D%&T(3**-200-(7%%X"(758(?*&D(D%20%"C*?$(5&(%%&(*&$%-%(M?0%DT(%(Q55+%658C.%7(%550%./76(0-%6(%,5F=(-R%%G7%&"_?%($*67"("58$%&,($%(M*#K%(**&(a&**-(7#5,(D**&_(01$*"(758(10%(E*,T(F58(E*,(C?58("58$%&,($%(M*#K%(01$*"(%-(X-5,,%(?#67"(E*,(%&(01$*"(758(2-58(E*,T(((6227'A3':$".+:./"'0/.'+"&/)/'B$"*/)/"'&

Q5.%-.55.%(+%',%6(%A'.'R(!%*&Y(>-*751(%&(>%-"(,"**&(0M($%K%(X0"0T(((N(.%2()3(%7'0*(+(0%C(9%7(%450655*%8'0.58.%*(C56R%G7%&"_?%(7%%X"(2*&$**D(1%"(5%$%-%%&(60&"*6"(D%7*$T(F58(A*&(1%"(5%$%-%%&(C*CC%?%&(%&(20%?"(K567(0M(K58&(D%1*AT(35"(A01"(01$*"(K%(D0%$(02%-%%&A01%&T(((Q55+'4(+%C(99(0%7F))/(%*(9599()6R%b%((7%CC%&(D%C*CC%?$(02%-(E*"(K%(5&(7%"(E%%A%&$(7%CC%&(D%$**&T(3%(80&D%-%&(E*-%&(#5"D%D**&T(G7%&"_?%(A%&"($%(M?**",%&(E**-($%(*&$%-%&(#5"D**&(&5%"T((

(6227'C3':$".+:./"'0/.'&/'D/*/5/,&/)-'

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

"%(%"%&T(G7%&"_?%(5,(7%"(*?(D%E00&($*"(@*--%($5"(K%D"T(F58(25&$"($*"(@*--%($*&(K**D"T(F58(E%%"(E%?($*"(@*--%($5"(K%D"(01$*"(758(E5?($*"(G7%&"_?%(0M("58$(5,(%&(K58&(KE*AA%(M#&"%&(2%-C%"%-"T(G7%&"_?%(E5?($5"(00A(1**-(%%&(7*?X(##-(5,(%67"("%(E%5&5DT(((45*/0/"/'-5$.1)+*/"3''J'(%4'()%7(%7(%550%C(.%(/06(%450%6(%65*R%(G7%&"_?%(20%?"(K567(D0%$Y(1**-(7%"(5,(2%-10%5%&$(5&(QXX%6"T(F%"(5,(E*-1(5&(7%"(?0A**?(%&(758(10%"(2%%?(M-*"%&(E**-$00-(758(K567(0M(7%"(%5&$%(2*&($%($*D(10%(20%?"T%

! $%!

((- O0.(+4/(2%#%(45*/0/"/'-.+).1)+*/"3''J'(%4'()6(%7(%7(%550%C(.%9(*/0%450%6(%65*R%%G7%&"_?%(E*,("%(?**"(01$*"(758(K567(K5%A(20%?$%("0%&(758(0M,"0&$T((&F0%(A01"(7%"($*"(8%(8%(K0(20%?$%f(F58(5,(#5"%5&$%?58A("067(&**-(QXX%6"(D%A01%&(01$*"(758(*&$%-,(0&E%""5D(*XE%K5D(E*,(%&(01$*"(758("067(&5A,(*&$%-,(A*&($0%&("7#5,T(F58(20%?$%(K567(D0%$("0%&(758(**&AE*1(C58(QXX%6"T(((6227'83'9/5/1,"*'1+"'&/':$0;/./".,/<$;&)+:#./"''%

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

8%(C%?00&$(E0-$"($00-(D%?$Y(1**?"58$67%t#%,(%&(,670#$%-A?0M8%,T(R*(2*&$**D(E%%"(G7%&"_?%($*"(758(D%10"52%%-$(5,(E*&&%%-(%-(2%-,675??%&$%(0M$-*67"%&(K58&Y(E*&&%%-(%-(*XE5,,%?5&D(5,T(G7%&"_?%(7*$(&5%"(0M(200-7*&$(02%-($%K%(K*A%&(&*D%$*67"T(F58(25&$"($5"(E%?(C%?*&D-58A(200-($%("0%A01,"(01$*"(758($*&(E%%"(&**-(E%?A%(80C(758(10%"(K0%A%&T(((6227'=3'9/5/1,"*'1+"'&/';+%>/-?'&/',"@$)0/5/'0$0/"./"'

&Q5.%-.55.%(+%',%7(%A'.'R%&>%-"(%&(F*&&%?0-%(<(%%&(1%$%E%-A,"%-(2*&(ZQ!(G%&"(<(E*-%&(D-*M8%,(**&(7%"(1*A%&T(b%(E*-%&(00A(**&(7%"(M-*"%&(02%-(70%(7%"(D**"(5&(QXX%6"T(((Q5.%C(9%7(%./76(0-%6(%,5F=(-%*(6550R%%G7%&"_?%(5,(1%"(>%-"Y(!%*&(%&(>-*751(D**&(%"%&(5&($%(X-5"##-T(((Q55+%658C.%7(%550%./76(0-%6(%,5F=(-R%%G7%&"_?%($*67"(**&(%%&(C-#D"-*8%6"T(F58(1*D(&0-1**?(02%-($-5%(E%A%&(&**-(%%&(C-#D"-*8%6"T(F58(25&$"(7%"(?%#A(01($5"(

"%(70-%&T(F58(E5?(E%-A%&(01$*"(758($*&(0M(7%"(%5&$%(2*&($%(1**&$(D%?$(7%%X"T(@%-A%&(5,(00A(10%5?58A(20?D%&,(7%1T(@%-A%&(C%"%A%&"($5,65M?5&%(7%CC%&(%&(2%-*&"E00-$%?58A(K58&T(((6227'A3':$".+:./"'0/.'+"&/)/'B$"*/)/"'(Q5.%-.55.%(+%',%6(%A'.'R(>%-"(,"**"(0M($%K%(X0"0T(F58(E*,(K58&(C?5A8%(5&($%(2#5?&5,C*A(D**&(D005%&T(o0?*&$(,"**"(00A(200-(%%&($%%?(0M($%K%(X0"0T(((N(.%2()3(%7'0*(+(0%C(9%7(%450655*%8'0.58.%*(C56R%G7%&"_?%(E5?$%($%K%(X0"0(&%1%&(01$*"(758(2%%?(60&"*6"(7%%X"(D%7*$(1%"(>%-"T(>%-"(7%%X"(&5%"(2%-2%?%&$(D%$**&T(

! $&!

)?,(758(2%%?(?*67"Y(5,(758(2%-2%?%&$T(F58(E%%"(&005"(D0%$(E*&&%%-(758(10%"(,"0MM%&(1%"(?*67%&T(3%(*&$%-%&(E*-%&(00A(5&(7%"(?0A**?Y(1**-($5%(,"**&(&5%"(0M($%K%(X0"0T((%Q55+'4(+%C(99(0%7F))/(%*(9599()6R%>%-"(%&(G7%&"_?%(M-*"%&(02%-(7#&(70CC._,Y(02%-(20%"C*?(%&(D%2%67",M0-"%&T(b%(M-*"%&(&5%"(02%-("7#5,T(&6227'C3':$".+:./"'0/.'&/'D/*/5/,&/)-'(

Q5.%-.55.%(+%',%7(%A'.'R%(LM($%K%(X0"0(,"**"()&*+,(01$*"(K58($%(0M$-*67"(5&($%(&*15$$*D(7%%X"(C%D%?%5$T(W%$%-%%&(K*"(,*1%&(5&($%(A-5&DT(((N(.%2()3(%9(*()(/6(+-%C(9%7(%450655*%8'0.58.%*(C56R%G7%&"_?%(7%%X"(60&"*6"(D%7*$(1%"()&*+,T(F%"(E*,(?%#A(01$*"(7%"(?%#A%(0M$-*67"%&(E*-%&T(b%(E*-%&(*XE5,,%?%&$(%&($*"(20&$(G7%&"_?%("0XT(G7%&"_?%(20&$($%(,X%%-(5&($%(D-0%M(?%#A(01$*"(5%$%-%%&(1%%$%%$T%(45*/0/"/'-5$.1)+*/"3''J'(%4'()%7(%7(%550%C(.%(/06(%450%6(%65*R%%F58(20%?"(K567(C%"%-($*&(D5,"%-%&(01$*"(758(25&$"($*"(E%(

?%#A%-%(0%X%&5&D%&(7%CC%&(D%$**&T((((- O0.(+4/(2%!%(45*/0/"/'-.+).1)+*/"3''J'(%4'()6(%7(%7(%550%C(.%9(*/0%450%6(%65*R%%4*&067"%&$(20%?$%(758(K567(10%(%&(%%&(C%%"8%(,?*MT(G7%&"_?%(7*$(2%-E*67"($*"(7%"(2*&$**D(7%%?(,**5(K0#(K58&T(I**-(758(20&$(7%"(2*&$**D(%5D%&?58A(E%?(?%#AT(b%(7%CC%&(10D%&(20%"C*??%&(01$*"(K%(D0%$(7%CC%&(1%%D%E%-A"T(S58$%&,(7%"(20%"C*??%&(7%%X"(758(D%"00&$($*"(758(A*&($00-K%""%&(%&(A*&(,*1%&E%-A%&T(F58(7%%X"("0"(7%"(%5&$%(2*&(7%"(,M%?(1%%D%,M%%?$(%&(7%%X"(2%%?(D%M*,"(&**-(*&$%-%&T(&(6227'83'9/5/1,"*'1+"'&/':$0;/./".,/<$;&)+:#./"''

'Q5.%-.55.%(+%',%7(%A'.'R%(LM($%K%(X0"0(,"-**"(G##,Y(K58&(&%%XT(b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

! $'!

S58$%&,($%(M*#K%(5,(758(D**&(%"%&(5&($%(X-5"##-(1%"(K58&(&%%XY(>-*751(%&(L""0T(b%(7%CC%&(D%C*CC%?$(02%-($%(20%"C*?T(b%(D5&D%&(5&($%(&*15$$*D(1%"(QXX%6"(20%"C*??%&(*?,(C%?0&5&DT(((Q55+%658C.%7(%550%./76(0-%6(%,5F=(-R%%F58(5,(2%-D%"%&(E**-**&(758($*67"Y(1**-(758($*67"(&5%"(**&("7#5,Y(**&(QXX%6"(0X(**&(K58&(2-5%&$%&T((W&($%(M*#K%(20%?$%(758(K567(,?%67"T(F58(7*$(E*"("%(E%5&5D(D%,?*M%&Y($*67"(758T(((6227'A3':$".+:./"'0/.'+"&/)/'B$"*/)/"'

(Q5.%-.55.%(+%',%7(%A'.'R(LM($%K%(X0"0(,"**"(5%$%-%%&(2*&($%(A?*,T(@%(E*-%&(0M$-*67"%&(**&(7%"($0%&(02%-(7%"()B@T(@%(K067"%&(&**-(7%"(*$-%,Y(E**-200-($%(*XA0-"5&D(,"**"(%&(E*"(7%"()B@($0%"T(F58(20&$($%K%(0M$-*67"(&5%"(5&"%-%,,*&"(01$*"(758(*??%,(*?(E5,"($00-$*"(758(20-5D(8**-(*?(&**-(7%"()B@(E*,(D%D**&T(F58(20&$($%K%(0M$-*67"(1*AA%?58A(01$*"(K%($%(5&X0-1*"5%(0M(7%"(5&"%-&%"(1067"%&(K0%A%&T(((S0%&(758(700-$%($*"(K%(0M(C%K0%A(D5&D%&(C58(7%"()B@(K%5(758("%D%&(H5%&(%&(@*--%'(a/XXX(D**&(E%("%-#D(&**-($**-f(WA(D*(7%"K%?X$%(70-%&(*?,(20-5D(8**-TTT_T(F58($*67"($*"(758(&0D(2%%?(02%-(7%"()B@(K0#(E%"%&T((

(N(.%2()3(%7'0*(+(0%C(9%7(%450655*%8'0.58.%*(C56R%F58(7%%X"(1%"(5%$%-%%&(60&"*6"(D%7*$T(%(Q55+'4(+%C(99(0%7F))/(%*(9599()6R%F58(7%%X"(D%M-**"(02%-(E*"(758(5&(7%"(E%%A%&$($%%$T(F58(5,(#5"D%D**&(%&(7%%X"(D%20%"C*?$T(W&(QXX%6"(,M-%%A"(758(02%-(*&$%-%($5&D%&($*&(0M(,6700?T(LM(,6700?(2%-"%??%&($%(?%%-?5&D%&(02%-(7#&(?%2%&Y(E*"(7%1(%5D%&?58A(&5%"(5&"%-%,,%%-"T(b%(2%-"%??%&(E*"(K%(*??%1**?(1%%D%1**A"(7%CC%&T(F58K%?X(M-**"(&5%"(02%-(K58&(M-0C?%1%&(0M(,6700?T(W&(QXX%6"(M-*"%&(K%(1%%-(02%-(2-58%("58$(%&(&5%"(02%-(7#&("7#5,(01$*"(K%(%?A**-(*?(D0%$(A%&&%&T(F58(20%?"(K567(D0%$(C58($%(*&$%-%&(5&($%(D-0%M($00-$*"(758(7%&(D0%$(A%&"T(((6227'C3':$".+:./"'0/.'&/'D/*/5/,&/)-'(

Q5.%-.55.%(+%',%7(%A'.'R%(F5%-0M(,"**"(@*--%T(F58(D5&D(8#5,"(K5""%&(01(#5"?%D("%(D%2%&T(b58&(#5"?%D(E*,($#5$%?58A(01$*"(758(D0%$(7%%X"(D%*-"56#?%%-$T(F58(7%%X"(?#5$(%&($#5$%?58A(D%,M-0A%&T(W%$%-%%&(E*,(%-(C%7*?2%(!%*&Y(E*&"($5%(E*,("%(?**"T(((N(.%2()3(%9(*()(/6(+-%C(9%7(%450655*%8'0.58.%*(C56R%F58(7%%X"(2%%?(60&"*6"(D%7*$(1%"(@*--%T(F58(7%%X"(#5"?%D(D%D%2%&(%&(2-0%D(2*&(*??%,(02%-($%(0M$-*67"%&T(F58(7*$(%%&(&%#"-**?(D%20%?("0%&(758(1%"(@*--%(,M-*AT((F58(7%%X"(00A(60&"*6"(D%7*$(1%"(H5%&T(F58(7*$(00A(1%"(7**-(60&"*6"("58$%&,($%(0M$-*67"%&T(F58(7*$(&%"(K0*?,(C58(@*--%(

%%&(&%#"-**?(D%20%?T(((45*/0/"/'-5$.1)+*/"3''J'(%4'()%7(%7(%550%C(.%(/06(%450%6(%65*R%%F58(7%%X"(D%20%"C*?$(%&(5,(*?(K58&(%&%-D5%(AE58"(E**-$00-(758(K567(%%&(C%%"8%(10%(20%?"T((((- O0.(+4/(2%1%(45*/0/"/'-.+).1)+*/"3''J'(%4'()6(%7(%7(%550%C(.%9(*/0%450%6(%65*R%%_,(L67"%&$,(20%?$%(758(K567(D0%$Y(1**-(%%&(C%%"8%(10%(00A(*?(7*$(758(D0%$(D%?,?*M%&T(_,(I5$$*D,(20%?$%(758(K567(C%"%-(01$*"(758($*&(&5%"(1%%-(10%(E*,T((

! $(!

(6227'83'9/5/1,"*'1+"'&/':$0;/./".,/<$;&)+:#./"''

'Q5.%-.55.%(+%',%7(%A'.'R%&>%-"(%&()&*+,(,"**&(0M($%K%(X0"0T()&*+,(E*,($%(0M?0,,5&D%&(2*&(>%-"(**&(7%"(60&"-0?%-%&T(W%$%-%%&(E*,(5&($%(A?*,T(3%(*&$%-%&(E*-%&(00A(**&($%K%(0%X%&5&D(**&(7%"(E%-A%&T((%Q5.%4'06%7(%450%6(%',6+58C.(0R%%S58$%&,($5%(0M$-*67"(10%,"(5%$%-%%&(%?%1%&"%&(1%"(%?A**-(2%-C5&$%&(K0*?,(43)>Y()>44Y(E%-AD%2%-Y(E%-A&%1%-Yk(F58(20&$($%K%(0%X%&5&D(D%1*AA%?58A(01$*"(758($**-(*?(2%%?(02%-(D%?%%-$(7*$(5&(QXX%6"T(3%K%(0%X%&5&D(7*$(758(&0D(&5%"(D%$**&Y(1**-(7%"D%%&(758(*?(7*$(D%$**&(?%%A(%-0MT(F58(20&$(7%"("0X(01$*"(7%"(&5%"(2%-10%5%&$(E*,T(F58(7%%X"(K567(

D%*1#,%%-$(01$*"(%-(%%&(D0%$%(,X%%-(E*,(5&($%(A?*,T((R*(2*&$**D(E%%"(758(1%%-(02%-(7%"()B4(%&(A%&"(758(7%"(2%-,675?("#,,%&(C-#"0<(%&(&%""0?00&T(F58(E5?$%($5"(C%"%-(A#&&%&(01$*"(758(7%"(2%-,675?("#,,%&(C-#"0<(%&(&%""0?00&(&5%"(A%&$%T(F58(7*$(75%-(00A(*?(%%&,(02%-(&*D%$*67"(5&(7%"(2%-?%$%&(C58200-C%%?$(E*&&%%-(1%&,%&(2-0%D%&(70%2%%?(758(2%-$5%&$%("58$%&,(K58&(2*A*&"5%80CT(((6227'=3'9/5/1,"*'1+"'&/';+%>/-?'&/',"@$)0/5/'0$0/"./"''

Q5.%-.55.%(+%',%7(%A'.'R%&3%K%(X0"0(5,(_,(15$$*D,(D%&01%&(5&($%(X-5"##-T(G##,(%&(L""0(E*-%&(%-C58T(G7%&"_?%(&*1($%K%(X0"0(01$*"(758(7%"(?%#A(20&$(01($**-("%(K5""%&T(((Q5.%C(9%7(%./76(0-%6(%,5F=(-%*(6550R%%S58$%&,($%(15$$*DM*#K%(7%CC%&(K%(D%D%"%&(%&(K58&(K%(%%&($-*&A8%(D**&(7*?%&T(b%(E*-%&("5%&(15&#"%&("%(2-0%D("%-#DT((Q55+%658C.%7(%550%./76(0-%6(%,5F=(-R%%F58($*67"(&5%"(**&($%("58$("58$%&,($%(M*#K%T(F58($*67"(%5D%&?58A(**&(&5A,T(((

F58(7%%X"(D%C*CC%?$(02%-(7%"(C%K0%A($*"(E%(D5&D%&(C-%&D%&(**&(7%"()B4T(S58$%&,(7%"(C%K0%A(7%%X"(758(*??%,(C%D-%M%&T(F58(20&$(7%"(%%&(5&"%-%,,*&"(C%K0%AT(F58(7%%X"(00A(*&$%-%($5&D%&($*&(20-5D(8**-(D%?%%-$T(>58200-C%%?$(7%"(2%-,675?("#,,%&(C-#"0<(%&(&%""0?00&T(S58$%&,($%(M*#K%(20%?$%(758(K567(D0%$(01$*"(758(0M("58$(M*#K%(7*$(D%A-%D%&T((6227'A3':$".+:./"'0/.'+"&/)/'B$"*/)/"'&

Q5.%-.55.%(+%',%6(%A'.'R(LM($%K%(X0"0(,"**&(o0?*&$(%&(H5%&T(b%(E*-%&(5&(7%"(A?*,?0A**?T(@*--%(E*,(**&(7%"(2%-"%??%&(E*"(K%(5&(7%"()B4(K0#$%&($0%&T((o0?*&$(5,(5%1*&$($5%(,"5?(5,Y($5%(&5%"(D-**D(2%%?(K%D"(%&(758($%&A"($*"(758(&5%"(E0-$"(D%*66%M"%%-$(5&($%(D-0%MT(!01,($0%"(o0?*&$(D-*MM5D%($5&D%&(%&($*&(?*67%&($%(*&$%-%&T(F58($%&A"($*"(K%(7%1(#5"?*67%&Y(1**-($*"(5,(&5%"(K0T(G7%&"_?%(25&$"($5"(,M58"5DT(F58(25&$"(7%"(8*11%-($*"(o0?*&$(&5%"(*?"58$(1%%(5,(1%"(E*"(%-(E0-$"(2%-"%?$T(G7%&"_?%($%&A"($*"($5"(A01"($00-(K58&("**?10%5?58A7%$%&T((%

N(.%2()3(%7'0*(+(0%C(9%7(%450655*%8'0.58.%*(C56R%F58(7%%X"(1%"(5%$%-%%&(60&"*6"(D%7*$T(b0E%?("58$%&,($%(0M$-*67"%&(*?,("58$%&,($%(M*#K%,T(S58$%&,($%(M*#K%,(7%%X"(758(&**-(1#K5%A(D%?#5,"%-$(%&(5,(758(&**-(C#5"%&(D%D**&(01("%(C*CC%?%&T((&

! $)!

Q55+'4(+%C(99(0%7F))/(%*(9599()6R%b%(7%CC%&(02%-(20%"C*?(D%C*CC%?$T()??%(80&D%-%&(5&(QXX%6"(A%&&%&($%(20%"C*?M?0%D%&(E**-02%-(K%(7%"(7*$$%&T(LM(,6700?(M-**"(758(00A(02%-($%(20%"C*?T((&6227'C3':$".+:./"'0/.'&/'D/*/5/,&/)-'

'Q5.%-.55.%(+%',%7(%A'.'R%()?5,0&(,"**"(0M($%K%(X0"0T(35"(5,(K58&("-*8%6"C%D%?%5$,"%-(2*&(,6700?T(b%(AE*1(%%&,(A58A%&(70%(%-(5&(QXX%6"(D%E%-A"(E0-$"T(3%(0M$-*67"(E*,(&%"(D%$**&(%&(E%(E*-%&(**&(7%"(%2*?#%-%&T(S58$%&,($%(%2*?#*"5%(10%"(8%(,"%%$,(2%-"%??%&(E*"(8%(D0%$(%&(&5%"(D0%$(A*&T(3*"(5,(D0%$(01$*"(8%($*&(E%%"(E**-**&(8%(E%?(%&(&5%"(10%"(E%-A%&Y(1**-($*"(5,(00A(,**5T(((N(.%2()3(%9(*()(/6(+-%C(9%7(%450655*%8'0.58.%*(C56R%F%"(60&"*6"($*"(758(7*$(1%"($%(C%D%?%5$%-,(E*,(&0-1**?T((@*--%(7%%X"(2%-"%?$(02%-($%(0M$-*67"%&(%&(K%5(E*&&%%-(

G7%&"_?%(**&(7%"(E00-$(1067"T(b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a`%#A%&1%$%E%-A%-_(5&($%%?"58$,(C%-0%M,0&$%-E58,T(b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

! %+!

b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

$5%(M?%AT(F58(20&$($5"(1*AA%?58A(01$*"(*??%(X0"0_,($#5$%?58A(E*-%&T(Z%(10%,"(K5&(7%CC%&(01("%(C*CC%?%&(01($%K%(0M$-*67"(D0%$(#5"("%(20%-%&T(F58(20&$(7%"(,M58"5D($*"(K58&(2-5%&$(*?(-%$%?58A(,&%?(K%5'(aF%"(5,(D%$**&n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

&Q5.%-.55.%(+%',%7(%A'.'R%&LM($%K%(X0"0(,"**"(o0?*&$Y(!*1Y(S510(%&(>%-"T(35"(E*,("58$%&,($%(15$$*DM*#K%T()??%%&(K58(E*-%&(%-(2*&$**DT(F58(20&$($5"(%%&(1005(C%%?$(01$*"(8%(K5%"($*"(K%(%%&(D0%$%(A?*,(K58&(%&(D0%$(02%-%%&(A01%&T((Q5.%C(9%7(%./76(0-%6(%,5F=(-%*(6550R%%W&($%(15$$*DM*#K%(5,(758(&**-(7#5,(D%?0M%&(01(D%?$("%(D**&(7*?%&T(b58&(1*1*(E*,(%-(&5%"($#,(7%%X"(758(D%?$(D%A-%D%&(2*&(K58&(C-0%-(01(%%&(>56A.<C#-D%-("%(A0M%&T((W&($%(A?%5&%(M*#K%(D5&D(758(&**-(C#5"%&(%&(C*CC%?$%(758(1%"($%(*&$%-%&T(b%(7%CC%&(D%M-**"(02%-(E*"(K%(7%CC%&(

D%$**&("58$%&,(7%"(E%%A%&$T((Q55+%658C.%7(%550%./76(0-%6(%,5F=(-R%%S58$%&,($%(M*#K%($*67"(G##,(**&($%("58$T(F58(E*,("58$%&,($%(15$$*DM*#K%(&**-(@*--%(D%?0M%&(%&(K%5($*"(758(&0D(?*&D,(7#5,(10%,"(200-(D%?$(01(%"%&("%(A0M%&T(@*--%(*&"E00-$$%(75%-0M'(aZ%(10%"(0M("58$("%-#D(K58&_T((G##,($*67"(**&($%("58$(%&(7%%X"(7%1(D%7**,"T(q5"%5&$%?58A(E*,(758(258X(15&#"%&("%(2-0%DT(((

! %*!

6227'A3':$".+:./"'0/.'+"&/)/'B$"*/)/"(%Q5.%-.55.%(+%',%6(%A'.'R%LM($%K%(X0"0(,"**"(S510T(F58(K*"(5&($%(A?*,(%&($%(*&$%-%&(E*-%&(%-(00AT(W%$%-%%&(?#5,"%-$%(&**-(E*"(@*--%(K%5T(((N(.%2()3(%7'0*(+(0%C(9%7(%450655*%8'0.58.%*(C56R%G##,(7%%X"(1%"(5%$%-%%&(60&"*6"(D%7*$T(F%"(60&"*6"(1%"(S510(20&$(758(?%#AT(F58(A%&"(S510(2*&*X(2*&$**DT()?,(G##,(5%",(2%-"%?"Y(?#5,"%-"(758(&**-(7%1T(S510(7*$(A#&&%&(K%DD%&'(a)?g(1**"8%(E5%(5,($*(%&(E**-01(M-**"(758("%D%&(158(*?,(5A(7%1(&5%"(%%&,(A%&_T(W&(M?**",($**-2*&(E*,(758(2-5%&$%?58A("%D%&(7%1T(%Q55+'4(+%C(99(0%7F))/(%*(9599()6R%

b%(7%CC%&(D%C*CC%?$(02%-(7%"(E%%A%&$T(Q-(E*,(C58200-C%%?$(5%1*&$(D**&(KE%11%&(%&($5%(7%%X"(02%-($%K%(*6"525"%5"(2%-"%?$T((&6227'C3':$".+:./"'0/.'&/'D/*/5/,&/)-'

'Q5.%-.55.%(+%',%7(%A'.'R%(LM($%K%(X0"0(E*-%&(E%(%%&(,M%?(**&(7%"(,M%?%&T(Z%(10%,"(%%&(A**-"8%(&%1%&(E**-(%%&(%5D%&,67*M(0M(,"0&$(E**-(858(D0%$(5&(C%&"T(H5%&(7*$(%-("%(2%%?(%&(K%(K%5'(a)1*5($*"(5,(10%5?58A_T(b%(E*,(7*-$(**&(7%"(&*$%&A%&T(`**-"8%,($5%(&5%"(C58(8%(M*,"%&(10%,"(8%(**&(5%1*&$(*&$%-,(D%2%&T(3%K%(0M$-*67"(7%CC%&(E%(#5"D%20%-$(01(8%K%?X(C%"%-("%(?%-%&(A%&&%&T((&N(.%2()3(%9(*()(/6(+-%C(9%7(%450655*%8'0.58.%*(C56R%F%"(60&"*6"(1%"($%(C%D%?%5$%-,(5,(D0%$(01$*"(K%(?5%X(K58&(200-($%(80&D%-%&T(b%(K58&(?5%X(01$*"(K%(C58200-C%%?$(?*67%&(

1%"(0&K%(D-*M8%,(%&(01$*"(K%(C*CC%?%&(1%"($%(80&D%-%&T(b%(C*CC%?%&("%D%&(0&,(*?,0X(K%(8%(*?(?*&D(A%&&%&T((G##,($%&A"($*"(8%(H5%&(%&(@*--%(200-(*??%,(A*&(2%-"-0#E%&T(F58(25&$"(00A($*"(K%(-%A%&5&D(70#$%&(1%"($%(80&D%-%&T()?,($%(80&D%-%&(C58200-C%%?$(E5??%&(20%"C*??%&($*&(70#$%&(H5%&(%&(@*--%(75%-(-%A%&5&D(1%%T(b%(10%,"%&(2*&$**D(&0D("E%%(0M$-*67"%&($0%&Y(1**-(K%(7%CC%&(gg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

! %"!

%Q5.%-.55.%(+%',%7(%A'.'R%%LM($%K%(X0"0(,"**&(>%-"(%&()&*+,T(b%(E*-%&(%%&(X5D##-(0M(7%"(D0-$58&(**&(7%"(&**5%&T(G##,(10%,"(25%-A*&"8%,(K*D%&T(F58(A*&(&#(C%"%-(K*D%&T(35"(20&$(758(C%"%-($*&(&**5%&Y(E*&"(758(&**5"(&5%"(D-**DT(F58(7%%X"(00A(10%"%&(C0-%&T(F58($*67"($*"($5"(2%%?(1*AA%?58A%-(E*,T((300-("%(D**&(X5"&%,,%&Y(7%%X"(758(D%?%%-$(01(5%",(20?("%(70#$%&T(@*&&%%-(758(D**"(E%-A%&(5&(%%&(-%,"*#-*&"(K*?(758(00A(10%"%&(20?70#$%&T(('6227'=3'9/5/1,"*'1+"'&/';+%>/-?'&/',"@$)0/5/'0$0/"./"'&

Q5.%-.55.%(+%',%7(%A'.'R%&LM($%K%(X0"0(,"**&(o0?*&$Y(!*1(%&(S510T(b%(,"0&$%&(200-($%($%#-T(!%*&(E*,(&**-(7%"("05?%"T(G7%&"_?%(E*,(

&**-(%%&(0-D*&5,*"5%T(F58(7*$(%%&(5&$525$#%?%(0M$-*67"(D%A-%D%&(01$*"(758(C58&*(&**-(%%&(C-#D"-*8%6"(1*DT(((Q5.%C(9%7(%./76(0-%6(%,5F=(-%*(6550R%%S58$%&,($%(15$$*DM*#K%(5,(758(*??%%&(&**-($%(X-5"##-(D%D**&T(!%*&(%&(>%-"(K58&($**-&*(00A(&**-($5%(X-5"##-(D%D**&T(!%*&(5,(C58(7%1(D%C?%2%&(%&(>%-"(D5&D("%-#D(&**-(ZQ!(01(K58&(X-5%"%&(0M("%(%"%&T((b%(C*CC%?$%&(02%-(>%-"T(b%($*67"%&($*"(758(0&20?$0%&$%("58$(K0#(7%CC%&(01("%(%"%&T(b%(7%CC%&(00A(D%M-**"(02%-(70%(0&"K%""%&$($##-(%"%&(5,T(((Q55+%658C.%7(%550%./76(0-%6(%,5F=(-R%%

F58($*67"(**&(K58&(%"%&T(F58(20%?$%(K567(D0%$(01$*"(758(X-5,,%(?#67"(7*$(%&(01$*"(758(*6"5%X(E*,("58$%&,(7%"(C0-%&(%&(K*D%&T(((6227'A3':$".+:./"'0/.'+"&/)/'B$"*/)/"'

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

7%%X"(G##,(00A(D%"-*A"%%-$(0M(%%&(A5M,*"g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

! %#!

N(.%2()3(%9(*()(/6(+-%C(9%7(%450655*%8'0.58.%*(C56R&G##,(7%%X"(2%%?(60&"*6"(D%7*$(1%"(@*--%T(F58(20&$($5"(60&"*6"(D0%$(01$*"(@*--%(D-*MM5D(E*,(%&(01$*"(758(7%1(75%?MT(G##,(K5%"($*"(@*--%(2*&(K58&(80C(70#$"T((F58(7*$(00A(60&"*6"(1%"(H5%&T(F58(7%%X"(K58&(6<,"56A(5&(0-$%(D%C-*67"(1%"(7**-T(b%(K067"%&(,*1%&(K58&(D%C-#5A%-,&**1(%&(E*67"E00-$T(F58(20%?"(K567(0M(K58&(D%1*A(C58(H5%&(01$*"(7%"(?58A"(*?,0X(K%(%?A**-(*?(?*&D(A%&&%&T(((45*/0/"/'-5$.1)++*3''J'(%4'()%7(%7(%550%C(.%(/06(%450%6(%65*R%(G##,(20%?"(K567(7%%?(D0%$T(F58(E5?(D-**D(20%"C*??%&(%&(

20%"C*?(A58A%&T(F58(D**"(2%%?(?%#A%($5&D%&($0%&($5"(E%%A%&$T(%((- O0.(+4/(2%!%(45*/0/"/'-.+).1)+*/"3''J'(%4'()6(%7(%7(%550%C(.%9(*/0%450%6(%65*R%%G##,(20%?$%(K567(D0%$T(F58(5,(*?"58$(C?58("58$%&,(QXX%6"T(((J'(%3'B.%C(.%65.%7(%7(%='%4'()6(R%35"(A01"(01$*"(758(2-5%&$%&(7%%X"(5&(QXX%6"T(F58(25&$"($%(*6"525"%5"%&(?%#A(%&(*?,(%-(D%%&(*6"525"%5"(5,Y(E0-$"(%-(D%C*CC%?$(%&(D%?*67%&T(((6227'83'9/5/1,"*'1+"'&/':$0;/./".,/<$;&)+:#./"''

%Q5.%-.55.%(+%',%7(%A'.'R%&F5%-(E*-%&(E%($%(2056%1*5?(2*&(>-*751(**&(7%"(C%?#5,"%-%&T(3**-&*(,M-*A(>-*751(%%&(&5%#E%(2056%1*5?(5&(K0$*"($5%($#5$%?58A(5,(200-(%%&("0%A01,"5D%(C**,T(G##,(7%%X"(D%?%%-$($*"(E*&&%%-(758(C%D5&"("%(,0??565"%-%&Y(758(K58&(2056%1*5?(K%A%-(10%"(2%-*&$%-%&T(F58(7%%X"(K%?X(D%%&(D,1(%&(20&$(7%"(,**5(01("%(E*67"%&(0M($%(*&$%-%&T((H5%&(E*,(0&$%-"#,,%&(C%K5D(1%"(%%&(,0??565"*"5%0M$-*67"T(a3%K%(0M$-*67"%&(K58&(D0%$(200-(0&,_T(W&(QXX%6"(?%%-"(758(E*"(758(X0#"($0%"T(F5%-$00-(A*&(758(K58&(X0#"%&(2%-C%"%-%&(K0$*"(758(7%"(?*"%-(M%-X%6"(K*?(A#&&%&T(4%%?(80&D%-%&(C%,%XX%&(&5%"($*"(7%"(C%?*&D-58A(5,(01(%%&(D0%$%(70#$5&D(**&("%(&%1%&("58$%&,(%%&(,0??565"*"5%D%,M-%AT((

@%(7%CC%&(00A(%%&(,#M%-7%?$(D%1**A"T(3%K%(10%,"%&(E%(200-,"%??%&T(F58(E*,(5&($%(&*15$$*D("%(?**"($#,(7%%X"(758($%K%(0M$-*67"(&5%"(7%?%1**?(A#&&%&(20?D%&T(F58(7%%X"(E%?(D%?%%-$($*"(8%(&5%"(1%"(8%(C%&%&(1*D(E5%C%?%&(%&($*"(8%(%%&(-%67"%(70#$5&D(10%"(**&&%1%&T(F58(E*,("58$%&,($%K%(0M$-*67"(C00,(01$*"(o0?*&$(E%-$(#5"D%?*67%&($00-($%(*&$%-%&T(o0?*&$(A*&(&5%"(D0%$(?%K%&T(F58(20&$($*"($%(*&$%-%&(D%%&(-%,M%6"("00&$%&(200-(o0?*&$T(G##,(25&$"(7%"(&0-1**?($*"(o0?*&$(&0D(&5%"(D0%$(A*&(?%K%&T(o0?*&$(7%%X"(K58&(C%,"(D%$**&Y(25&$"(G##,T(G##,(A01"(*?($-5%(E%A%&(&**-(QXX%6"(%&(7%%X"(*?(2%%?(C58D%?%%-$(02%-(K567K%?XY("067(E5?(758(&0D(&5%"(E%-A%&T(

F58(7%%X"(*?(%%&,(%%&(E%%A(D%E%-A"(%&("0%&(E*,(7%"(X0#"(D%?0M%&T(F58(E%-A"%(*?,(0C%-(5&(%%&(-%,"*#-*&"T(Q%&(60??%D*(2*&(7%1(2-0%D(01(5%",("%($0%&Y("%-E58?(758(K58&("**A(E5?$%(*X1*A%&T(F58(E%-$(AE**$(%&(-5%M'(a@*"(5,(%-f_T(F58(20&$(7**-(2%-2%?%&$T(F58(E5?(E%-A%&(*?,(758(5&(QXX%6"(2%%?(7%%X"(C58D%?%%-$T(W&(QXX%6"(A*&(8%(2%%?(?%-%&(01("%(A#&&%&(E%-A%&Y(1**-(&5%"(*??%(80&D%-%&(C%,%XX%&($*"T(((6227'=3'9/5/1,"*'1+"'&/';+%>/-?'&/',"@$)0/5/'0$0/"./"'&Q5.%-.55.%(+%',%7(%A'.'R%&

! %$!

LM($%K%(X0"0(,"**"(>%-"Y(>-*751(%&(L""0T(b%(E*-%&(**&(7%"(-0A%&(%&(**&(7%"(?*67%&T(S510(%&(!*1(,"0&$%&(00A(C#5"%&T(!%*&(E*,(C5&&%&(D%C?%2%&T((%Q5.%C(9%7(%./76(0-%6(%,5F=(-%*(6550R%%W&($%(A?%5&%(M*#K%(D5&D(758(&**-(7%"("05?%"T((W&($%(15$$*DM*#K%(D5&D(758(&**-(7#5,T(F58(5,(%"%&(D**&(7*?%&(5&($%(S#-A,%(E5&A%?T(b58&(1*1*(7%%X"($5"(A?**-(D%1**A"T(3**-&*(?5%M(758(&**-(ZQ!T(F58(7**,""%(K567Y(1**-(E*,("067("%(?**"T(F58($*67"'(aL7(&%%Y(5A(C%&("%(?**"_T(S067(E*,(758(C?58($*"(758(D%D%"%&(7*$(%&(%&%-D5%(7*$T(4*&*X(10-D%&(D**"(758(0M("58$(A01%&T((4*&067"%&$(E*,(758(00A("%(?**"T(G##,(,?5%M(*?"58$(5&($%K%?X$%(A*1%-(*?,(K58&(C-0%-T(b58&(K#,(5,(2%-7#5,$(E**-$00-(Z*&5,(&#(5&(%%&(*&$%-%(A*1%-(,?**M"T(Q&A%?(Z*&5,(7%%X"(%%&(E%AA%-T(4*&15$$*D(7*$(758(E%?(%%&(A?0AY("067(E*,(758("%(?**"T(S58$%&,(7%"(%"%&(7*$(758(&067"*&,($%(7%?%("58$(&**-($%(A?0A(D%A%A%&T((((Q55+%658C.%7(%550%./76(0-%6(%,5F=(-R%%S58$%&,($%(15$$*DM*#K%($*67"(758(**&($%("58$T(((6227'A3':$".+:./"'0/.'+"&/)/'B$"*/)/"'

(Q5.%-.55.%(+%',%6(%A'.'R(LM($%K%(X0"0(,"**"(!%*&T(F58(,"-%A"%(K58&(*-1%&(01$*"(7%"(_,(067"%&$,(E*,T(F58(E*,(0&$%-"#,,%&(**&(7%"(M-*"%&(1%"(o0?*&$T((&N(.%2()3(%7'0*(+(0%C(9%7(%450655*%8'0.58.%*(C56R%G##,(7%%X"(1%"(5%$%-%%&(60&"*6"(D%7*$T(35"(60&"*6"(E*,(D0%$T(F58($%%$(E%?(5%",(,"01T(F58(E*,(5%",(**&(7%"(0M7*&D%&T(!*1(K%5(70%(758(7%"(10%,"($0%&Y(1**-(G##,($%%$(K58&(K5&T(F58(7*$("58$(&0$5D(01(K%?X(&*("%($%&A%&T(F58(-5%M(&**-(!*1'(abE58D%&n_T(F58(7%%X"(K567($**-&*(D%lj6#,%%-$(01$*"(758(,M58"(7*$T((

35%(-#K5%(1%"(K58&(60??%D*(?%%A(0M($%K%(,5"#*"5%T(b%(2-0%D(1%%-1**?,(7%"K%?X$%(E**-$00-(G##,(AE**$(E%-$T(S0%&(-5%M(758(00A("%D%&(7**-T()67"%-*X(7%%X"(758(K567(00A(D%lj6#,%%-$T((&6227'C3':$".+:./"'0/.'&/'D/*/5/,&/)-'%

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

H5%&(7%%X"(G##,(D0%$(A#&&%&(7%?M%&(C58(7%"(0%X%&%&(2*&(%%&(,0??565"*"5%D%,M-%A($00-("5M,("%(D%2%&T(G##,(5,(%%&(C%%"8%(2%-$-5%"5D(01$*"(%-(&*($%(2*A*&"5%(,?%67",(gg&(C%D%?%5$%-(K*?(K58&T(F58(20&$(7%"(?%#A(01(5&((A?%5&%(D-0%M8%,("%(E%-A%&(01$*"(%-($*&(2%%?(*XE5,,%?5&D(E*,T(((45*/0/"/'-5$.1)++*3''J'(%4'()%7(%7(%550%C(.%(/06(%450%6(%65*R%(aR#Y(C%&(5A(7%%?(C?58_Y(K%D"(G##,("%-E58?(758(?*67"T(F58(A*&(K567($0#67%&Y(%"%&(%&(%%&(C%%"8%(&**-("%?%25,5%(A58A%&T(%((- O0.(+4/(2%1%(

! %%!

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j"(E**-$00-($%(C%"%A%&5,D%25&D(8#5,"(K*?(E0-$%&(D%?%K%&(%&(%-(D%%&(2%-"%A%&$(C%%?$(0&","**"T(((OT]T; 3%(C%"%A%&5,D%25&D(5&("7%1*_,($%%?&%1%-(;((P(+258C./0*(0K%%U,%4''+C506%2/-.%V5.5+%0/(.%65.%C/7%055-.%6(%.2((%65*(0%65.%C/7%055+%-8C'')%B'(-.%''3%.2((%65*(0%055+%;AA(8.%='F%B'(.(0%*550"%O06/(0%V5.5+%((0%8'++(8.%9(()6%C56%450%;AA(8.%25-%C/7%/0%=/70%''+-,+'03()/73(%+/8C./0*%*(9)(4(0"%%S58$%&,($%(%%-,"%(E%A%&(2*&(7%"(200-"-*8%6"(7%%X"(B*"*-(5&(D-0%M(2%-"%?$($*"(758(*&$%-%(2%-E*67"5&D%&(7*$(%&($*"(758(7%"D%%&(E%($%$%&(5&(QXX%6"(&#""%?00,(20&$T(F58(2-0%D(2**A(E**-01(E%(C%M**?$%(0M$-*67"%&(#5"20%-$%&T(((V5.5+%4/06.%C(.%)(F3%'B%550%C(.%9(*/0%450%6(%65*%.(%2(.(0%25.%2(%=F))(0%6'(0"%%@*&&%%-(E%(_,(067"%&$,(5&($%(A-5&D(K5""%&(01("%(2%-"%??%&(E*"(E%($5%($*D(D**&($0%&Y(?#5,"%-"(B*"*-(**&$*67"5D(%&(,"%?"(758(C58A01%&$%(2-*D%&T((N'./45./(K%%V5.5+%=/70%456(+%(0%=/70%.2((%.50.(-%C(99(0%''3%6(()./76-%9(+'(,-'06(+2/7-%*(4')*6"%V5.5+%C((A.%4(+.()6%65.%C/7%4''+%=/70%4+/(06(0%055+%C(.%6(()./76-%9(+'(,-'06(+2/7-%/-%4(+506(+6"%%W&(7%"(C%D5&(2*&(7%"(200-"-*8%6"(E*,(K58&(10"52*"5%(?**DT(B*"*-(E*,(1%%-1**?,(*XE%K5D(%&(AE*1(2**A("%(?**"T(F58(K%5($*"(758(D5&D(,"0MM%&(1%"(7%"(200-"-*8%6"(%&(E5?$%(E%-A%&(5&($%(K**A(2*&(K58&(2*$%-T%%B*"*-(2%-"%?$%(00A($*"(758($%(,M%??%"8%,($5%(E%($%$%&(&#""%?00,(%&(A5&$%-*67"5D(20&$T(@*--%(<($%(200-"-*8%6"C%D%?%5$%-(<(7%%X"($%(E%-A5&D(2*&(7%"(200-"-*8%6"(2**A(**&(B*"*-(#5"D%?%D$T(F58(K%5(C58200-C%%?$("%D%&(B*"*-($*"(E*&&%%-(758($%("%(C%7*?%&(601M%"%&"5%,(**&&*1Y(758(&**-(%%&(C-#D"-*8%6"(A0&(D**&T(@*--%(%&(5A(,M-*A%&(*X($*"(E%("%?A%&,(200-(E%(%%&(0M$-*67"(#5"20%-$%&($%("%(C%7*?%&(601M%&"5%,(K0#$%&(0M,011%&T(@%(7**?$%&(00A("%?A%&,(**&($00-(E%?A(D%$-*D($5%(601M%"%&"5%,(K567"C**-(E*-%&(200-(0&,T(%%V5.5+%2/)%=/70%2(+3,F0.D%.(%)55.%3'B(0%4(+9(.(+(0"%>)-%C/7%',%./76%3'B.D%*((A.%C(B%6/.%((0%*'(6%*(4'()"%J/7%2/)%C/(+550%2(+3(0%'B65.%C/7%650%-0())(+%055+%((0%9+F*.+57(8.%B5*%*550"%%S0%&(B*"*-($%(E%-A5&D(2*&(7%"(200-"-*8%6"(C%"%-(C%D-%%M(D%$-0%D(758(K567(*&$%-,T(F58(E*,(2*A%-(**&E%K5D(%&(2-0%D(15&$%-(E**-01(E%(C%M**?$%(0M$-*67"%&(#5"20%-$%&T(F58(E%-A"%(*6"5%2%-(1%%("58$%&,(7%"(200-"-*8%6"($00-(5&5"5*"5%X("%(&%1%&(%&($00-($%(D-0%M("%(?%5$%&T(F58(E5?$%(K58&(E%-AM#&"%&(2%-C%"%-%&(K0$*"(758(A0&(E%-A%&T(F58(K*D(7%"(200-"-*8%6"(75%-$00-(*?,(%%&(0M,"*M(&**-(E%-AT((%V5.5+%4/06.%C(.%)(F3%'B%8'B,(././(4(%(0%5A2/--()(06(%',6+58C.(0%F/.%.(%4'(+(0"%%S%-E58?(B*"*-(5&(7%"(C%D5&(2*&(7%"(200-"-*8%6"(K%5($*"(758($%(0M$-*67"%&(&#""%?00,(%&(A5&$%-*67"5D(20&$Y(2%-"%?$%(758(?*"%-("58$%&,(7%"(5&"%-25%E($*"(758(,0115D%(0M$-*67"%&(?%#A(20&$T(%%(V5.5+%4'().%=/8C%0'*%-.((6-%*'(6%'B65.%C(.%9/705%./76%/-%(0%C/7%B'+*(0%*((0%-8C'')%C((A."%W&(7%"(C%D5&(2*&(7%"(200-"-*8%6"(E*,(758(2*A%-(*XE%K5D(%&(E%-A"%(758(15&$%-(*6"5%X(1%%($*&(&*$5%&T(F58(C%,670#E$%(E0%&,$*D(*?,(%%&($*D(01("%(0&",M*&&%&(&*("E%%($*D%&(E**-C58(758(K567(7*$(5&D%K%"T((((H(00/-K%%V5.5+%4/06.%C(.%/0.(+(--50.%'B%0/(F2(%'+*50/-5./(-%='5)-%TF/.(0%T(()6D%C(.%>TPP%(0%C(.%>VP%.(%)(+(0%3(00(0"%J/7%4/06.%6/.%)(F3%'B65.%C/7%0F%2((.%255+%C/7%.(+(8C.%350"%J/7%)((+.%6''+%6(=(%9(='(3(0%''3%9/7%'4(+%=/70%+(8C.(0"%%

! %&!

S0%&(E%($%(%%-,"%(A%%-(2-58E5??5D%-,E%-A($%$%&(C58(>#5"%&(>%%?$Y(E*,(B*"*-($5%D%&%($5%(7%"(15&,"(%&"70#,5*,"(E*,T(F58(20&$($%(E%-A"*A%&(&5%"(5&"%-%,,*&"T(S0%&(E%($%("E%%$%(A%%-(&**-(>#5"%&(>%%?$(D5&D%&Y(E5,"(B*"*-(*?,(%%-,"%(E*"(758(E5?$%($0%&T(F58(&*1(5&5"5*"5%X($00-(,"%&%&(A*M0"("%(1*A%&($5%($%(*&$%-%&(10%,"%&(E%D&%1%&(1%"(%%&(,670MT(V5.5+%4'06%6(=(%',6+58C.%B533()/73%(0%)(F3%'B65.%C/7%6(%-.(0(0%B'8C.%35,'.%-)550"%%V5.5+%C56%0''/.%',%4''+C506%05*(658C.%'4(+%6(%()(B(0.(0%6/(%C/7%='F%2/))(0%9/7)(+(0D%B55+%4')*(0-%C(B%=5)%C/7%)5.(+%=/70%550*()((+6(%8'B,(.(0./(-%2()%3F00(0%*(9+F/3(0"%W/.%-55/(%',6+58C.(0%)((+.%V5.5+%''3%'4(+%6(%8'B,(.(0./(-"%%S%-E58?(B*"*-(K567(5&(7%"(C%D5&(2*&(7%"(200-"-*8%6"(E*&"-0#E5D(0M,"%?$%Y(D%?00X"(758(&#(5&(7%"(&#"(2*&($%(601M%"%&"5%,($5%(758(5&(7%"(200-"-*8%6"(**&?%%-"T(3%(601M%"%&"5%,($5%(QXX%6"(E5?(**&?%-%&(**&($%(80&D%-%&(K58&'($00-K%""%&Y(5&5"5*"5%X(&%1%&Y(C%"-0AA%&(K58&Y(01D**&(1%"(X%%$C*6AY(-%,M%6"("0&%&Y(,*1%&E%-A%&Y(?#5,"%-%&(%&(,M-%A%&T(((J/7%4/06.%5))(%',6+58C.(0%*(B533()/73"%%B*"*-(C%D-58M"($%(0M$-*67"%&(,&%?T(F58(?%D"(2**A(%%&(0M$-*67"(#5"(**&()?%j(%&(&%%1"(5&5"5*"5%XT((((>50%6(%C506%450%((0%B'./45./(-,()%C((A.%V5.5+%*()((+6%65.%C(.%B'./4(+(06%/-%'B%/0%((0%)(F3(%,)'(*%.(%2(+3(0"%J/(+6''+%2((.%C/7%''3%65.%C/7%*((0%7'9%2/)%255+%C/7%-.((6-%C(.=()A6(%B'(.%6'(0"%J/7%2/)%9/74''+9(()6%0/(.%6(%C()(%65*%',%((0%9F+(5F%=/..(0"%%)*&($%(7*&$(2*&(,M%?%&Y(?%%-"(B*"*-(C58(02%-(%%&(80CT(Qg&(2*&($%($0%?%&(2*&(7%"(200-"-*8%6"(E0-$"(C%-%5A"(C58(B*"*-T(((U0.B'(./0*K%%>)-%C/7%>)(E%.(*(03'B.%9F/.(0%C(.%.+57(8.%*((A.%C/7%C(B%(03()%((0%C506"%J/7%4'().%=/8C%(03()%*'(6%9/7%>06+(5-D%:50/-%(0%>)(E"%V5.5+%C((A.%/(6(+((0%/0%;AA(8.%)(+(0%3(00(0"%%WA(K*D($*"(B*"*-(5&(7%"(C%D5&(2*&(7%"(200-"-*8%6"(200-*?(1%"()?%j(60&"*6"(7*$T(3**-&*(7*$(758(00A(60&"*6"(1%"(*&$%-%(80&D%-%&Y(1**-("58$%&,($%(M*#K%(C?%%X(758(7%"(1%%,"(60&"*6"(K0%A%&(1%"()?%jT(Q%&(2*&($%("%(C%7*?%&(601M%"%&"5%,(5,(a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j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

! %'!

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j51**?(**&"*?(*XE%K5D7%$%&(c258X(A%%-(0&E%""5D(*XE%K5D(K58&d(02%-,67-%$%&(E**-$00-(758(&*($%(A%-,"2*A*&"5%(E**-,6758&?58A(K*?($00-2%-E%K%&(E0-$%&(&**-(%%&(/LST(F5%-(K*?(758(5&$525$#%?%-(E0-$%&(C%D%?%5$T(%&N'./45./(K&&J/7%4/06.%C(.%)(F3%'B%B(.%B(0-(0%-5B(0%.(%2(+3(0"%%Z*&5,(A0&(1%"(5%$%-%%&(,*1%&E%-A%&("58$%&,(0M$-*67"%&T(S58$%&,(7%"(a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

! %(!

J/7%2/)%2(+3(0%'B%((0%/G]C'0(%@%.(%3F00(0%3',(0%(0%'B65.%C/7%9)/7%/-%B(.%C(.%*()6%255+4''+%C/7%=()A%C((A.%*(2(+3."%J/7%2/)%6/.%0/(.%4+5*(0%550%=/70%B'(6(+%'B65.%6/.%.(%6FF+%/-"(%%q5"(7%"(7#5,C%K0%A(5,(D%C?%A%&($*"(7%"(D%K5&(2*&(Z*&5,(E%5&5D(X5&*&65l?%(15$$%?%&(7%%X"T(3%(X5&*&65l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

! %)!

:50/-%4/06.%C(.%B'(/)/73%'B%B(.%=/70%0((A%_(6(+)506-%.(%-,+(3(0%./76(0-%;AA(8.%'B65.%C/7%*(2''0%/-%'B%`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b0(A-58D"($%(80&D%-%(00A($%(A*&,(01(K58&(D%$-*D(,&%?(C58("%(,"#-%&(%&("%("0&%&($*"(758(7%"(Eg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j51**?(&%D%&(1**&$%&(**&(7%"(200-"-*8%6"($%%?&%1%&T(3**-&*(E0-$%&(K%(,0E5%,0($00-2%-E%K%&T(G7%&"_?%(5,(200-($%(A%-,"2*A*&"5%($00-2%-E%K%&(&**-(%%&(C-#D"-*8%6"T(F58(&*1(&5%"(*??%(2%-0&$%-,"%?$%(601M%"%&"5%,(**&T(F58(A0&(K567(10%5?58A(**&(*X,M-*A%&(70#$%&(%&(AE*1(2**A("%(?**"T(F58(E*,(K567K%?X(75%-2*&(C%E#,"Y(1**-(A0&($%K%(X%%$C*6A(&5%"(01K%""%&(5&(**&D%M*,"(D%$-*DT(?C(0.Y)(%25-%.(%)55.%/0%;AA(8."(((J/7%4'06%C(.%9(='(3%550%C(.%/0.(+/B350.''+%*'(6D%B55+%C/7%='F%C(.%)(F3(+%*(4'06(0%C(99(0%B'(-.%6(%B50%B/06(+%*(9599()6%C(99(0%(0%B((+%*(.''06%C(99(0"%%W&(QXX%6"(E0-$%&(601M%"%&"5%,(200-*?(**&D%?%%-$($00-(%-2*-5&D,?%-%&T(F5%-C58(5,(%-(2%%?(5&"%-*6"5%(1%"($%(80&D%-%&(01(7#&(**&$*67"("%(C%70#$%&T(O0%;AA(8.%B'(.%7(%4(()%9599()(0%255+6''+%C/7%',%C(.%(/06(%450%6(%65*%B'(%/-"%%(?C(0.Y%)(%4/06.%C(.%4(+4()(06%'B%=/70%*-B%5A%.(%*(4(0%'B65.%6/.%9()50*+/73%/-%4''+%C(B"%%

! &+!

Z0&D%-%&(10%"%&(7#&(D,1_,(&*($%(M*#K%(*?"58$(5&(%%&($00,(,"0MM%&T(35%($00,(E0-$"(C#5"%&(7%"(?0A**?(D%M?**","(K0$*"(K%(&5%"(*XD%?%5$(E0-$%&T(G7%&"_?%(%&($%(*&$%-%&(M-0"%,"%-%&(2**A(E*&&%%-(E%($%(D,1_,(0M7*?%&T(b%(2%-K%&$%&(&0D(%%&(,1,Y(?#5,"%-%&(&0D(%2%&(1#K5%A(0X(&%D%-%&(8%T(T(+.%6((6%B'(/)/73%'B65.%C/7%=/70%*-B%0/(.%2/)6(%5A*(4(0"%%(J/7%4'()6(%=/8C%=/(3D%B55+%/-%.'8C%055+%;AA(8.%*(3'B(0%'B65.%C/7%506(+-%'02(../*%5A2(=/*%25-%(0%0/3-%506(+-%.(%6'(0%C56%.CF/-"%%G7%&"_?%(A01"(&**-(QXX%6"(01$*"(758($*&(5%",("%($0%&(7%%X"T(F58(K5%"(QXX%6"(*?,(%%&(5&2#??5&D(2*&("58$T(((?C(0.Y)(%/-%*(B'./4((+6%9/7%((0%',6+58C.%B(.%5A2/--()/0*"%J/7%4'06%6(%4(+9/06/0*-',6+58C.%)(F3%'B65.%C(.%0/(.%4(+B'(/(06%25-%(0%'B65.%(+%((0%*'(6(%-A((+%25-%/0%6(%3)5-"%%G7%&"_?%(E%-A"(*6"5%X(1%%(**&(*6"525"%5"%&($00-(2**A(7%"(E00-$("%(2-*D%&($00-(5&5"5*"5%X("%(&%1%&(%&($00-(7#?M("%(2-*D%&(**&(*&$%-%&T((O0%;AA(8.%)((+%7(%25.%9()50*+/73%/-%'B%.(%3F00(0%2(+3(0%(0%C'(%7(%350%-'))/8/.(+(0"%G7%&"_?%(C%,%X"($*"(QXX%6"(%%&(C58$-*D%(?%2%-"(**&(601M%"%&"5%,($5%(C%?*&D-58A(K58&(C58(7%"(0M(K0%A(D**&(&**-(E%-A(%&(C58(7%"(#5"20%-%&(2*&(E%-AT(((H(00/-K&&J/7%C((A.%*()((+6%',%2()3(%B50/(+(0%7(%350%9()''06%2'+6(0%/0%7(%2(+3%(0%255+',%C/7%B'(.%)(..(0%./76(0-%((0%-'))/8/.5./(*(-,+(3"%?C(0.Y)(%4'06%6(%)F/-.(+',6+58C.%)(F3%'B65.%C/7%C/(+6''+%((0%9(.(+(%)F/-.(+C'F6/0*%350%5500(B(0"%G7%&"_?%(?%%-"(%?%1%&"%&(C58($5%(758(A*&(D%C-#5A%&(E*&&%%-(758(E%-A(D**"(K0%A%&(%&(D**"(E%-A%&T(((J/7%4/06.%6(%()(B(0.(0%6/(%C/7%)((+.%9()50*+/73%4''+%/0%6(%.'(3'B-."%%G7%&"_?%(25&$"(7%"D%%&(758(?%%-"(C-#5AC**-T((%%(F58(20&$($%(0%X%&5&D(E**-C58(K%(C%D-5MM%&(1%"(%?A**-(10%,"%&(2%-C5&$%&(1*AA%?58A(01$*"(758(75%-(*?(2%%?(02%-(7%%X"(D%?%%-$(5&(QXX%6"("58$%&,(7%"(20-5D(,6700?8**-T(((?C(0.Y)(%C56%C(B%5)%5A*(4+55*6%25.%C(.%4(+-8C/)%.F--(0%9+F.'G%(0%0(..')''0%25-"%&''+%C(.%9(='(3%550%C(.%>VP%2((.%C/7%6/."%%F%"D%%&(G7%&"_?%(5&(QXX%6"(?%%-"Y(,?#5"(**&(C58(2-*D%&($5%(758(7%%X"T(((U0.B'(./0*K&&`'(0%?C(0.Y)(%4''+%6(%((+-.(%3((+%055+%;AA(8.%325BD%4'()6(%C/7%=/8C%',%=/70%*(B53%'B65.%C/7%=/70%0((A%5)%3(06("%%)*&($%(70#$5&D($5%(G7%&"_?%(5&&%%1"(A*&(5A(K5%&($*"(758(K567(0M(K58&(D%1*A(20%?"(5&(QXX%6"T(F58(?5D"(#5"D%,M-%5$(5&($%(K%"%?Y(&%%1"(A0XX5%Y(A01"(_,(10-D%&,(,M0&"**&(D0%5%$*D(K%DD%&(**&($%(*&$%-%(E%-A&%1%-,(%&(758($#-X"(K58&(1%&5&D(K%DD%&(**&(*&$%-%(80&D%-%&(%&(**&($%(C%D%?%5$%-,T(((?C(0.Y)(%4/06.%C(.%75BB(+%65.%a')506%-./)%/-%(0%6(03.%65.%6(%506(+(0%C(B%F/.)58C(0%.(+2/7)%6/.%0/(.%='%/-"%J/7%4/06.%C(.%''3%75BB(+%65.%a')506%0/(.%5)./76%B((%/-D%B55+%C/7%6(03.%65.%6/.%6''+%=/70%.55),+'9)(B(0%3'B."%%G7%&"_?%(%&(o0?*&$(10%,"%&(,*1%&(%%&(t#5K(1*A%&T(G7%&"_?%(M-0C%%-$%(o0?*&$("%(10"52%-%&($00-($%(601M#"%-(**&(7%1("%(D%2%&(%&("%(K%DD%&(a3%("E%%$%(-0&$%(1*D(858(0M,"%??%&(o0?*&$_T(o0?*&$(E%5D%-$%($%(601M#"%-(**&("%(&%1%&T(S0%&(758($5"("067($%%$Y(2-0%D(758(G7%&"_?%(01(7#?MT(G7%&"_?%(7%%X"(o0?*&$(2%-$%-(D%70?M%&($00-(5$%%l&(**&("%(C-%&D%&T(((U0.-,500/0*K&&?C(0.Y)(%4/06.%((0%C5)A%FF+%B/665*,5F=(%.(%2(/0/*"%%)??%(80&D%-%&($5%(5A(7%C(D%+&"%-25%E$(7%CC%&(**&D%7**?$($*"(K%(%%&(7*?X(##-(15$$*DM*#K%("%(E%5&5D(25&$%&T(3%(-%$%&(E**-01(K%(,?%67",(%%&(7*?X(##-(M*#K%(A-58D%&(5,($*"(%-($*&(%%&(A?%5&%-%(A*&,(5,($*"(K%(2%-$%-(2*&(ZQ!(E%DD**&T((G7%&"_?%(AE*1(2**A("%(?**"(&*($%(15$$*DM*#K%T(((`/76(0-%6(%,5F=(%4'()6(%C/7%=/8C%*'(6%'B65.%=(%',%./76%,5F=(%C566(0%*(3+(*(0"%%G7%&"_?%(%&(*&$%-%(80&D%-%&(#5"(QXX%6"(25&$%&(7%"(C%?*&D-58A($*"(K%(0M($%K%?X$%("58$,"5MM%&(M*#K%(A-58D%&T(b%(70#$%&(7%"(##-(5&(7%"(00D(%&(2-*D%&(2**A(K%?X(01(M*#K%T(((

! &*!

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c%&d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

! &"!

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l&(%&(AE*1(0M(200-(K58&(%5D%&(1%&5&D($00-(o0?*&$("%(2%-$%$5D%&T(?FF-%25-%9''-%',%6(%*+'(,%.'(0%=(%a')506%F/.)58C.(0%'B65.%C/7%0/(.%='%4)'.%3'0%)(=(0"%((?FF-%C56%-,/7.%65.%C/7%.(*(0%<5B%+/(,"%J/7%C((A.%=/8C%C/(+4''+%*(bE8F-((+6"%%G##,(7%%X"(5&K567"(5&(%5D%&(D%$-*D(%&(M-0C%%-"($5"(C58("%(,"#-%&($00-(2%-*&"E00-$%?58A7%5$(0M("%(&%1%&T((%U0.-,500/0*K%%`/76(0-%6(%,5F=(%658C.%?FF-%550%6(%./76"%%G##,(C%,%X"($*"(0M("58$(A01%&(%%&(E%-AM#&"(200-(7%1(5,T(S067(A01"(758(,"%%$,(2*A%-("%(?**"T(((?FF-%3(0.%<(50%450%',%-8C'')"%U,%-8C'')%C566(0%=(%0'*%0''/.%*(9599()6"%&''+65.%C/7%C(B%C((A.%)(+(0%3(00(0%/0%;AA(8.%*55.%C/7%''3%',%-8C'')%B(.%C(B%9599()(0"%%I%%-$%-%(80&D%-%&(7%-A%&&%&(*&$%-%&(2*&(0M(,6700?T(300-(1%"(%?A**-(5&(60&"*6"("%(A01%&("58$%&,(QXX%6"Y(?%-%&(K%(%?A**-(C%"%-(A%&&%&T((&?(-,+(33(0K&&`/76(0-%6(%,5F=(%C((A.%C/7%B(.%6(%506(+(0%*(9599()6%'4(+%25.%=(%C566(0%*(6550%./76(0-%C(.%2((3(06"%J/7%4'().%=/8C%',%=/70%*(B53%9/7%6(%506(+(0%'B65.%=(%-5B(0%9599()(0"%J(.%8'0.58.%B(.%`/B'%4/06.%?FF-%)(F3%'B65.%`/B'%)F/-.(+.%5)-%C/7%/(.-%=(*."%%%T(*()(/6(+-LC'F6/0*MK%?FF-%4'06%C(.%*'(6%65.%6(%9(*()(/6(+-%./76(0-%C(.%/0.53(*(-,+(3%6(%2(+3/0*%450%;AA(8.%F/.)(*6(0"%%%b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

! &#!

3%(C%D%?%5$%-,("0&%&(5&"%-%,,%(200-($%(80&D%-%&($00-(1%%("%(M-*"%&(02%-($%(0&$%-E%-M%&($5%(K%(**&7*?%&T(b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j5C%?(1%"($%(E%%AM?*&&5&D%&(E0-$"(01D%D**&T(((%Z/(0%C((A.%?FF-%*'(6%3F00(0%C(),(0%9/7%C(.%-'))/8/.5./(*(-,+(3%6''+%./,-%.(%*(4(0"%@*&&%%-($%(80&D%-%&(7#?M(&0$5D(7%CC%&Y(7%?M%&($%(C%D%?%5$%-,(75%-C58T(((J/7%/-%((0%9((.7(%4(+6+/(./*%'B65.%(+%05%6(%45350./(%0'*%B55+%cc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a:(F*62(+3%/-%*+'(,-*(+/8C.%-'8/55)G8F).F+(()%2(+3%',%95-/-%450%0/(.G8'BB(+8/b)(%6'()(0%4''+%'A%6''+%3/06(+(0%(0%7'0*(+(0%450%!%.'.%!d%755+D%/0%6(%-A((+%450%6(%4+/7(%./76D%'06(+%(6F85./(4(%9(*()(/6/0*%(0%.(+%9(4'+6(+/0*%450%6(%5)*(B(0(%(0%/0.(*+5)(%'0.2/33()/0*%450%6(%7(F*6%6/(%655+550%6(()0((B.%',%4+/72/))/*(%95-/-%(0%*('+*50/-((+6%6''+%,5+./8F)/(+(%7(F*64(+(0/*/0*(0%'A%6''+%*(B((0.()/73(%'A%,+'4/08/5)(%',(095+(%9(-.F+(0Y%L<.(F0,F0.%:(F*6D%-"6"D%'0)/0(M"%()*&D%K5%&(158&(0&$%-K0%A,2-**D(5,'(e`01"(7%"(,M*&&5&D,2%?$("#,,%&(8%#D$E%-A(%&($%%?"58$,(0&$%-E58,(&**-(200-(5&($%(C%"%A%&5,D%25&D(2*&(80&D%-%&($5%(%%&(200-"-*8%6"(20?D%&fe(2%-"-%A(5A("%?A%&,(2*&#5"($%(C%"%A%&5,D%25&D(2*&($%(80&D%-%&(K%?XT(3%K%(C%"%A%&5,D%25&D(5,(8F+-/(A(**&D%$#5$T(((R%"(K0*?,(C58(a3%(C%"%A%&5,D%25&D(5&("7%1*_,_(25&$(5A(7%"(C%?*&D-58A(01(7%"(,M*&&5&D,2%?$("#,,%&(8%#D$E%-A(%&($%%?"58$,(0&$%-E58,(C58(5%$%-%($%%?&%1%-(*M*-"("%(C%,M-%A%&T(LM($5%(1*&5%-(5,(7%"($#5$%?58A(2*&#5"(E%?A%(C%"%A%&5,D%25&D(5A(2%-"-%A(%&(C?58X"($5%(C%"%A%&5,(C5&&%&($%(8#5,"%(60&"%j"T(F5%-$00-(A*&(5A(00A(2*&#5"(%%&(1%%-(,M%65X5%A%(C%"%A%&5,D%25&D(2%-"-%AA%&(E**-$00-(7%"(,M*&&5&D,2%?$(A-*67"5D%-(&**-(200-(A01"T(((OTOT; !M*&&5&D,2%?$($00-7%%&(C%"%A%&5,D%25&D($%%?&%1%-(;(&V5.5+%=(/%/0%C(.%9(*/0%65.%C/7%6(%-,())(.7(-%450%C(.%4''+.+57(8.%3/06(+58C./*%(0%0F..()''-%4'06"%`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

! &$!

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`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

! &%!

W&(QXX%6"(E0-$%&($%K%(*6"525"%5"%&(01($5%K%?X$%(-%$%&(D%0-D*&5,%%-$Y(1**-($5"(,00-"(0M$-*67"%&(25&$%&(00A(M?**",(K0$*"(80&D%-%&($%(601M%"%&"5%(a,*1%&E%-A%&_(K0#$%&(2%-E%-2%&T(b%(10%"%&($%K%(601M%"%&"5%(C%K5""%&(01($00-("%(,"-01%&(&**-(%%&(C-#D"-*8%6"(0X(&**-($%(-%D#?5%-%(*-C%5$,1*-A"T(((OTOT= !M*&&5&D,2%?$($00-7%%&(C%"%A%&5,D%25&D($%%?&%1%-(=(!?C(0.Y)(%4'(.95).%*+55*"%J/7%C((A.%6''+%6(=(%',6+58C.%3F00(0%.'0(0%65.%C/7%350%6''+=(..(0%(0%350%-5B(02(+3(0"%%F%"(,M*&&5&D,2%?$("#,,%&(8%#D$E%-A(%&($%%?"58$,(0&$%-E58,(5,(75%-5&(**&E%K5D($00-$*"($%K%?X$%(,00-"(0M$-*67"%&(5&(C%5$%(2%?$%&(M?**",25&$%&T((b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b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b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b0E%?(5&(7%"(8%#D$E%-A(*?,(5&(7%"($%%?"58$,(0&$%-E58,(E0-$%&(%-(,*1%&E%-A5&D,0M$-*67"%&(D%0-D*&5,%%-$Y(1**-(5&(QXX%6"(7*&D%&($%K%(0M$-*67"%&(2*,"(**&(%%&("%(2%-E%-2%&(601M%"%&"5%,("%-E58?($5"(5&(7%"(8%#D$E%-A(&5%"(K0(5,T((

(OTOT\ !M*&&5&D,2%?$($00-7%%&(C%"%A%&5,D%25&D($%%?&%1%-(\(

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l2*?#%%-$T(W&(7%"(8%#D$E%-A(E0-$%&($5%(0M$-*67"%&(&5%"(D%?5&A"(**&("%(C%7*?%&(601M%"%&"5%,T(Q-(E0-$"(%%-$%-(D%X5"&%,,"(%&(D%20%"C*?$(01$*"(,M0-"%&(D%K0&$(5,(200-(80&D%-%&(%&(01$*"(K%(K567(0M($5%(1*&5%-(A#&&%&(#5"?%2%&T((((Z/(0%C((A.%?FF-%*'(6%3F00(0%C(),(0%9/7%C(.%'(A(0(0%450%((0%-'))/8/.5./(*(-,+(3%6''+%./,-%.(%*(4(0"%

! &&!

L0A(75%-C58(K5%(5A(7%"(,M*&&5&D,2%?$("#,,%&(8%#D$E%-A(%&($%%?"58$,(0&$%-E58,("%-#DA%-%&($00-$*"(%-(K0E%?(5&(7%"(8%#D$E%-A(*?,(5&(QXX%6"(0&$%-(%$#6*"5%2%(C%D%?%5$5&D(E0-$"(C58D%$-*D%&(**&($%(*?D%1%&%(%&(5&"%D-*?%(0&"E5AA%?5&D(2*&($%(8%#D$T((F%"(2%-,675?("#,,%&(C%5$%(2%?$%&(5,($*"(7%"(*66%&"(C58(QXX%6"($#5$%?58A(0M(E%-A(?5D"Y("%-E58?(7%"(*66%&"(5&(7%"(8%#D$E%-A(0M($%(5&2#??5&D(2*&($%(2-58%("58$(?5D"T((

(308 ,=9?::B<AKG=&=B&G9A@A?LM=&;=?F9=GABC&!OT[T; 3%(C%"%A%&5,D%25&D(2*&($%(80&D%-%&(((q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b%(E5??%&(C58200-C%%?$(0M("58$(A01%&Y(1**-(,?*D%&(75%-(&5%"(*?"58$(5&T(400-*?(7%"(**&70#$%&(2*&($5"(D%$-*D(5,(%%&(10%5?58A7%5$(200-(7%&T(W&(QXX%6"(K58&(%-(0M(A0-"%("%-158&(D%%&(60&,%t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b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q5"($%(C%"%A%&5,D%25&D(2*&(80&D%-%&(C?58A"($*"(K%(6''+%A((69583%)(+(0%25.%CF0%2(+3,F0.(0%(0%325)/.(/.(0%=/70T(WA(25&$(7%"(M0,5"5%X($*"($5%(X%%$C*6A(,"%%$,(0M(7%"(%5&$%(2*&($%($*D(M?**",25&$"T(F5%-$00-(E%%"($%(80&D%-%($#5$%?58A(E%?A%(601M%"%&"5%,(758($5%($*D(2%-C%"%-$(7%%X"(%&(E%?A%(601M%"%&"5%,(758(%j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

! &'!

2%-"%?$%(!*1(C58200-C%%?$($*"(758(%%&(62(E5?$%(,67-582%&(%&(01($5%(-%$%&(#5"A%%A(&**-($%(20?D%&$%(QXX%6"$*D%&(01$*"(758(E5,"($*"($5"(**&(C0$(K0#(A01%&T((%:'0*(+(0%4'(+(0%',6+58C.(0%F/.%255+B((%=(%.CF/-%'A%',%-8C'')%0/(.%B((%/0%550+53/0*%3'B(0"%%Z*&5,(A#5,"(*??%%&(5&(QXX%6"Y(0M(,6700?(0X("7#5,($0%"(758($5"(&5%"T(I%&0(7*$(&0D(&005"(D%&**5$T(WA(25&$($*"($5"(%%&(C58K0&$%-%(X#&6"5%(**&(QXX%6"(D%%X"T(35"(C%"%A%&"($*"(QXX%6"(%%&(60&"%j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q5"($%(C%"%A%&5,D%25&D(2*&($%(80&D%-%&(A*&(*XD%?%K%&(E0-$%&($*"(%-(D%?58A%&5,,%&(K58&("#,,%&(7%"(8%#D$E%-A(%&(QXX%6"T(QXX%6"(&%%1"(75%-$00-(%5D%&,67*MM%&(**&($5%(02%-%%&A01%&(1%"(7%"(8%#D$E%-AY(1**-($5"(E5?(01($5%(-%$%&(&5%"(K%DD%&($*"(QXX%6"(8%#D$E%-A(5,T(3%K%(D%?58A%&5,,%&(6-%l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b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

! &(!

*&$%-%&T(F%"(01D%A%%-$%(A01"(7%?**,(00A(200-T(LX(E*&&%%-(80&D%-%&(K5%&($*"(5%1*&$($00-,"-001"(&**-(%%&(C-#D"-*8%6"(A*&($5"(10"52%-%&$(K58&(200-(*&$%-%&T(@*&&%%-(80&D%-%&(E0-$%&($00-2%-E%K%&(&**-(%%&(/LS(5,($5"(%67"%-($%10"52%-%&$(200-(*&$%-%&T(4%%?(80&D%-%&(K5%&($5"("-*8%6"(*?,(%%&(,"*M("%-#DY("%-E58?($5"(&5%"(K0(5,T(Q%&(80&D%-%(A*&(00A(2*&(%%&(/LS($00-,"-01%&(&**-(%%&(C-#D"-*8%6"T(((b0E%?(5&(7%"(8%#D$E%-A(*?,(5&(QXX%6"(E0-$"(0&$%-((6F85./(4(%9(*()(/6/0*($%(*?D%1%&%(%&(5&"%D-*?%(A%&&5,(2*&($%(80&D%-%&(D-0"%-T(S58$%&,(QXX%6"(E0-$"(%-(**&(*67"(601M%"%&"5%,(D%E%-A"T(R**,"($5%(*67"(601M%"%&"5%,(?%-%&($%(80&D%-%&(00A(C58(02%-(K567K%?XT(b%(E%"%&(C58200-C%%?$(E*"(7#&(M0,5"5%2%(%&(&%D*"5%2%(A*&"%&(K58&T(3%(200-"-*8%6"C%D%?%5$%-,(C%D%?%5$%&($%(D-0%M(200-*?($00-($%(80&D%-%&(K%?X(**&(7%"(E00-$(%&(**&(7%"(E%-A("%(?*"%&T(b%(D-58M%&(75%-C58(5&(01(7%"(D%$-*D(2*&($%(80&D%-%&(C58("%(,"#-%&(K0$*"(%%&(601M%"%&"5%(1*AA%?58A%-(C%-%5AC**-(E0-$"T((!30O &%==<;=?<IA@&(3%($%%?&%1%-,(K58&(*??%1**?(80&D%&,T(3-5%(2*&(7%&(K58&(K%,"5%&(8**-(%&(%%&(80&D%-%(5,(258X"5%&(8**-T((3%("7%1*_,(E**-#5"($%(C%"%A%&5,D%25&D(2*&($%(80&D%-%&(&**-(200-(A01"(K58&'(2%-E*67"5&DY(10"52*"5%Y(A%&&5,Y(0&"10%"5&DY(0&",M*&&5&DY(D%,M-%AA%&(%&(C%D%?%5$%-,70#$5&DT(W&($5%(C%"%A%&5,D%25&D(K58&(K0E%?(10%5?58A7%$%&(*?,(M0,5"5%2%(%?%1%&"%&(0M("%(1%-A%&T((q5"($%(C%"%A%&5,D%25&D(2*&($%(80&D%-%&(A*&(*XD%?%K%&(E0-$%&($*"(%-(D%?58A%&5,,%&(K58&("#,,%&(7%"(8%#D$E%-A(%&(QXX%6"T(b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l-%&T(35"(E5?(K%DD%&($*"(7%"(,M*&&5&D,2%?$("#,,%&(8%#D$E%-A(%&($%%?"58$,(0&$%-E58,(**&E%K5D(5,(5&($%(C%"%A%&5,D%25&D(2*&(80&D%-%&($5%(%%&(200-"-*8%6"(20?D%&T((((80 /'(%W/+2*'7&&804 'B<=ARABC&(3%(0&$%-K0%A,2-**D($5%(5A(**&(7%"(C%D5&(2*&($%K%(C*67%?0-M-0%X(,"%?$%(5,'(a`01"(7%"(,M*&&5&D,2%?$("#,,%&(8%#D$E%-A(%&($%%?"58$,(0&$%-E58,(200-(5&($%(C%"%A%&5,D%25&D(2*&(80&D%-%&($5%(%%&(200-"-*8%6"(20?D%&f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aA%&&5,(5,(1*67"_(6%&"-**?(%&(E%-$(7%"(15$$%?C**-(0&$%-E58,(7g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

! &)!

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c!065#,Y(9:;9Y(0&?5&%dT(I%"($%K%(2%-*&$%-5&D(2%-$E%%&(00A(%%&(D-00"($%%?(2*&(7%"(M0?5"5,%-%&$(A*-*A"%-(2*&($%K%(5&5"5*"5%2%&(%&(AE*1($%(&*$-#A(1%%-("%(?5DD%&(0M(AE*?5X56*"5%,T(((L0A(&#(5,($5"(,M*&&5&D,2%?$(&0D(,"%%$,(**&E%K5DT(35"(A01"($#5$%?58A(&**-(200-(5&($%(C%?%5$,&0"*(8%#D$(9::P<(9:;\T(W&($5%(&0"*(D%%X"(15&5,"%-(/*,6*?(!1%"(**&($*"(758(601M%"%&"5%,(2%-E0-2%&(5&($%(2-58%("58$(c8%#D$E%-AY(6#?"##-(%&(,M0-"d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b0E%?(2-0%D%-(*?,(&#(7%%X"(7%"(8%#D$E%-A(,*1%&(1%"(7%"(0&$%-E58,($%(-0?(2*&(,065*?5,*"0-T(W&($%(C%?%5$,&0"*(8%#D$(9::P(u(9:;\(E0-$"($5"($#5$%?58A(2%-1%?$'(a!1%"(E5?($%(,*1%&E%-A5&D("#,,%&(6#?"##-Y(0&$%-E58,Y(E%-A(%&(E%?K58&(2%-,"%-A%&_(%&(a3%(%-A%&&5&D(2*&($%(601M%"%&"5%,($5%(1%&,%&(25*(&5%"<X0-1%%?(%&(5&X0-1%%?(?%-%&(7%CC%&(2%-E0-2%&Y(A*&(511%-,(?%5$%&("0"(%%&(2?0""%-%("0%D*&D("0"(0&$%-E58,(%&(0M?%5$5&D(%&($%(?%%-<(0X(0M?%5$5&D,"-*8%6"%&(2%-A0-"%&_T((q5"(158&(%5D%&(%-2*-5&D(7%C(5A(00A(*?(2**A(D%1%-A"($*"($%(80&D%-%&($5%(%%&(200-"-*8%6"(20?D%&Y(E%5&5D(10"52*"5%(7%CC%&(%&(,6700?10%(K58&T(F5%-5&(A*&(5A(7%"(,M*&&5&D,2%?$("#,,%&(2-58E5??5D7%5$(%&(2%-M?567"5&D(00A(7%-A%&&%&T(3%K%(80&D%-%&(K58&(511%-,(2%-M?567"(01("%(A01%&Y($00-($%(?%%-M?567"($5%(K%(7%CC%&T(3%(5&2#??5&D(2*&($%K%(200-"-*8%6"%&(5,(%67"%-(E%?(2%%?(?0,,%-(%&(,M%%?,%-($*&(0M(,6700?T(Q-(E0-$%&(2**A(*6"525"%5"%&(D%0-D*&5,%%-$($5%(00A(5&($%(2-58%("58$(K0#$%&(A#&&%&(M?**",25&$%&(K0*?,(20%"C*??%&Y(X5?1(A58A%&Y(A0A%&Y(,*1%&E%-A5&D,,M%?%&Yk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a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

! '+!

3%(6#?"#-%?%(X#&6"5%(E5?($%(M*-"565M*"5%(**&($%(6#?"##-($5%($%(,*1%&?%25&D("%(C5%$%&(7%%X"(2%-70D%&T(3%K%(X#&6"5%(E0-$"(&5%"(%&A%?(5&D%2#?$($00-($%(`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cHL4Y(,T$TY(0&?5&%dT(3%K%(X#&6"5%(A*&(00A(D%?5&A"(E0-$%&(**&(QXX%6"(E**-(%-(5&(D-0%M(E0-$"(D%"-*67"(7%"(5&$525$#%%?(%&(1**",67*MM%?58A(X#&6"50&%-%&("%(0M"51*?5,%-%&T(35"(5,(%2%&%%&,(%%&(200-C%%?$(2*&(?%%-M-06%,,%&($5%(-%67","-%%A,(K58&(D%-567"(0M($%($0%?D-0%MT((L0A($%(D%1%%&,67*M,20-1%&$%(X#&6"5%(A01"(C58($%(`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l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q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b%(E5??%&(C58200-C%%?$(0M("58$(A01%&Y(1**-(,?*D%&(75%-(&5%"(*?"58$(5&T(40?D%&,(158(7*&D"($5"(,*1%&(1%"($%(*XE%K5D7%5$(2*&(60&,%t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b0$-*(%%&(80&D%-%($%(*67"(200-0MD%,"%?$%(601M%"%&"5%,(C%K5"Y(1*D(758(&**-(%%&(C-#D"-*8%6"T(!01,(,"-01%&(80&D%-%&(K%?X,($00-(&**-($%(-%D#?5%-%(*-C%5$,1*-A"T(WA(25&$(5A($5"(%%&(D0%$%(1**"-%D%?(01$*"(%-(75%-C58(&**-(7%"(A#&&%&(2*&($%(80&D%-%(E0-$"(D%A%A%&T(35"(C5%$"($%(80&D%-%(7%"(1%%,"%(A*&,(0M(,#66%,T(Z0&D%-%&($0%&(&5%#E%(A%&&5,(0M("58$%&,(QXX%6"T(b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

! '*!

3**-&**,"(?%-%&(K%(C58($00-($%(X%%$C*6A($5%(K%(A-58D%&T()*&($%(7*&$(2*&($5%(X%%$C*6A(E%"%&(80&D%-%&(E%?A%(601M%"%&"5%,(758($5%($*D(2%-C%"%-$(7%%X"(%&(E%?A%(601M%"%&"5%,(758(%j"-*(**&$*67"(10%"(D%2%&T(Z0&D%-%&(20%-%&(0M$-*67"%&(#5"(E**-1%%(K%("7#5,(0X(0M(,6700?(&5%"(1%%(5&(**&-*A5&D(A01%&T(WA(25&$($*"($5"(%%&(C58K0&$%-%(X#&6"5%(**&(QXX%6"(D%%X"T(3*"(C%"%A%&"($*"(QXX%6"(%%&(60&"%j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q5"($%(C%"%A%&5,D%25&D(2*&($%(80&D%-%&(A*&(*XD%?%K%&(E0-$%&($*"(%-(D%?58A%&5,,%&(K58&("#,,%&(7%"(8%#D$E%-A(%&(QXX%6"T(b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l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j"("%(M?**",%&T(400-(C%-0%M,A-*67"%&(5,(7%"(&5%"(1*AA%?58A($%(25,5%(%&(7%"(D%$-*D(2*&($%K%(80&D%-%(5&($%(8#5,"%(-567"5&D("%(,"#-%&T((

! '"!

Q%&(20?D%&$%(10%5?58A7%5$($5%($00-($5"(,M*&&5&D,2%?$(0M"-%%$"Y(5,($*"("-*8%6"C%D%?%5$%-,(2*&($%(,6700?(E**-($%(80&D%-%(?%,(20?D"(%&($%(C%D%?%5$%-,(2*&(7%"(200-"-*8%6"(7%"(&5%"(*?"58$(%%&,(K58&(02%-($%(%2*?#*"5%(2*&(%%&(80&D%-%T(Q%&(80&D%-%("00&"(K567(,01,(*&$%-,(0M(,6700?($*&(5&(%%&(200-"-*8%6"(E**-$00-($%(%2*?#*"5%(2*&#5"(C%5$%(2%?$%&(2%-,675??%&$(A*&(K58&T(S58$%&,(158&(,"*D%(E%-$(%-(C58200-C%%?$(2*&#5"(7%"(200-"-*8%6"(C%,?5,"($*"(%%&(80&D%-%(&**-(%%&(C-#D"-*8%6"(1067"T(3%("-*8%6"C%D%?%5$%-(2*&($5%(80&D%-%(E*,(75%-(&5%"(2*&(02%-"#5D$Y(01$*"(758(&5%"(*??%(601M%"%&"5%,(C58($5%(80&D%-%(**&E%K5D(K*DT(F5%-$00-(E0-$"(%-(,01,(D%E*67"(1%"(7%"(&%1%&(2*&(%%&(C%,?5,,5&D(0X(1%"(7%"(5&,67-582%&(2*&($%(80&D%-%(5&(%%&(20?D%&$("-*8%6"Y(E*"(2%-E*--5&D(0ME%A"(%&($%(10"52*"5%(2*&(%%&(80&D%-%(0&"A-*67"T(L0A(*?(A*&(7%"(D0%$(K58&(01(2*&($%(80&D%-%("%(2%-E*67"%&($*"(758(K58&(C%7**?$%(601M%"%&"5%,(00A(5&(%%&(*&$%-%(60&"%j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l2*?#%%-$T(L0A($%("-*8%6"C%D%?%5$%-,(2*&($%(,670?%&(K58&(**&E%K5D(0M(7%"(5&"*A%D%,M-%A(%&(E0-$%&("%?A%&,(&*(%%&(QXX%6"$*D(0MD%C%?$T(>02%&$5%&(5,(%-(200-(5%$%-%(2*A*&"5%(%%&(*?"%-&%-5&D,D%,M-%A(E**-C58($%(80&D%-%Y($%("-*8%6"C%D%?%5$%-(2*&(0M(,6700?(%&($%(200-"-*8%6"C%D%?%5$%-(**&E%K5D(5,T((S067($%&A(5A($*"(%-(u(5&($%(1*"%(2*&(7%"(10D%?58A%(u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b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q5"%5&$%?58A(5,(%-(,?%67",(gg&(X0"0<5&"%-25%E(E%DD%2*??%&Y(E**-$00-($%K%(-%$%&%-5&D(E%?(%%&(M0,5"5%2%(5&2?0%$(7%%X"(D%7*$(0M(158&(M-*A"58A0&$%-K0%AT((WA($%&A($*"(E*&&%%-(%-(%%&(?*&D%-%("58$,M%-50$%(E*,(D%E%%,"(5A(1%%-(-%A%&5&D(7*$(A#&&%&(70#$%&(1%"(7%"(2%-,675?(5&(D%,?*67"Y(?%%X"58$(%&(6#?"#-%?%(*67"%-D-0&$(01$*"($%(*XE%K5D7%$%&($*&(%%&(15&$%-(D-0"%(-0?(7*$$%&(D%,M%%?$T((W&(-%*?5"%5"(E*,(7%"(511%-,(0&10D%?58A(01(75%-1%%(-%A%&5&D("%(70#$%&T(Q%-,"(7%C(5A($%($0%?D-0%M(?%-%&(A%&&%&(%&(158&(0&$%-K0%A,0MK%"(#5"D%,67-%2%&T(S0%&(7%"(M-*A"58A0&$%-K0%A(2*&(,"*-"(A0&(D**&Y(E*,(7%"(;9(&02%1C%-T(45%-(80&D%-%&Y(25%-(A%%-(5&"%-25%E%&(E%-$(#5"D%-%A%&$(02%-(%%&("58$,M%-50$%(2*&(%%&(1**&$T(R*(;]($%6%1C%-(20&$%&(%-(%&A%?(*?"%-&%-5&D,D%,M-%AA%&(M?**",T(F5%-$00-(A0&$%&(%-($#,(D%%&(X0"0_,(1%%-(E0-$%&(D%"-0AA%&(2*&($%(*6"525"%5"%&Y($%(60&"*6"%&(1%"($%(*&$%-%(80&D%-%&(%&($%(M*#K%,(%&(A0&$%&(%-(00A(D%%&(X0"0(5&"%-25%E,(1%%-(E0-$%&(*XD%&01%&T((

! '#!

I%"(7%"(**&"*?($%%?&%1%-,(%&(7%"(**&"*?(5&"%-25%E,($*"(%-(K58&(*XD%&01%&(C%&(5A("%2-%$%&T(WA(7%C(511%-,(20?$0%&$%(5&X0-1*"5%(A#&&%&(2%-K*1%?%&(01(%%&(*&"E00-$("%(25&$%&(0M(158&(0&$%-K0%A,2-**DT((((((((((((((((((((((((((((((((((((((((((((((((((((((((((

! '$!

W'W2'"-#.`'/&(>0#67*#"%Y(>TY(4*&($%(@*??%Y(WTY(4%-C5,"Y(3T(c9::;dT(<.+5E"%:(F*62(+3%4(+3(0.%6(%.'(3'B-."%p%#2%&<)M%?$00-&Y(G*-*&"T(((3Q(ILoGQR(c9:;9d(Q(+3)''-C(/6-3)''A%(F+'='0(T(w0&?5&%xT(>-#,,%?'(3%(I0-D%&T(7""M'VVEEET$%10-D%&TC%V$1V&?V==9\VH5&*&65%?%<6-5,5,V*-"56?%V$%"*5?V;]:^=^:V9:;9V:PV9^V@%-A?00,7%5$,A?00X<%#-0K0&%<C%-%5A"<-%60-$700D"%T$7"1?(cD%-**$M?%%D$(0M(PT;9T9:;9d(((3%(o56AY(`TY(4%-$0&6AY(3T(c9::]dT(h400-"-*8%6"%&T(Q%&(0M,"*M(&**-(*?"%-&%-%&$(?%-%&iY%Q()2/7-T(c9::]d9'(9:<9=T((3%(45,,67%-Y(!T(c9::^dT(&(%-'8/55)G,(65*'*/-8C(%9(.(3(0/-%450%6(%2''0'B*(4/0*%4''+%3/06(+(0"(G%&"Y()6*$%15*(/-%,,T(((Q!H<)GQRS!BF)/(c9:;9d(N/--/(%(0%4/-/("%w0&?5&%xT(>-#,,%?'(Q!H<)D%&",67*MT(7""M'VVEEET%,X<*D%&",67*MTC%VS%1M?*"%,VB0&"%&"T*,Mjf5$yP9Jp*&DS.M%y9:O[(cD%-**$M?%%D$(0M(9:T;9T9:;9d((HL4(c,T$Td(<'8/55)G8F).F+(()%4')25--(02(+3"%w0&?5&%xT(>-#,,%?'(HL4T(7""M'VVEEETX02TC%V,M5MTM7Mf*-"56?%;=PO(cD%-**$M?%%D$(0M(;[T;;T9:;9d(((ZQ!(2KE(c9:;:dT(^/*C.%9()(/6-,)50%#d$dG#d$#T(W&"%-&($06#1%&"T(>-#,,%?Y(ZQ!(2KET((ZQ!(4b@(c9:;9d(>)*(B((0"%w0&?5&%xT(>-#,,%?'(ZQ!(2KET(7""M'VVEEET8%,TC%V*?D%1%%&V&5%#E,TM7M(cD%-**$M?%%D$(0M(;[T;;T9:;9d(((ZQ!(2KE(%T*T(c9:;9dT(;(0%-.(4/*(%95-/-%4''+%,(+-''0)/73(%'0.2/33()/0*T(F*&$C0%AT(>-#,,%?'(ZQ!(2KET((ZQ!(4b@(c9:;9d(?(0."%w0&?5&%xT(>-#,,%?'(ZQ!(2KET(7""M'VVEEET8%,TC%V*?D%1%%&V&5%#E,TM7M(cD%-**$M?%%D$(0M(;[T;;T9:;9d(((`5&$(%&(!*1%&?%25&D(c9:;:d(T()(4/0*-'06(+='(3%9/7%3/06(+(0%(0%7'0*(+(0%6/(%/0%5+B'(6(%)(4(0"(L&$%-K0%A,-*MM0-"T(I%5,%Y(`5&$(J(!*1%&?%25&DT(((`WR3(J(!)IQRpQ4WRG(c9:;9d(_/(F2-9+/(A%T()(4/0*-'06(+='(3"%w0&?5&%xT(>-#,,%?'(`5&$(J(,*1%&?%25&D(%&(Z%#D$&%"E%-A(2KET(7""M'VVEEETA<,TC%V&5%#E,C-5%XC%?%25&D,0&$%-K0%A(cD%-**$M?%%D$(0M(9PT:PT9:;9d(((`0?CY(>T(c9::^dT(hW&20?25&DY(,7*-5&DY(*&*?.,5&DT(/0"%&"5*?(0X("7%(M*-"565M*"0-.(M70"0(5&"%-25%EiY(eF5)/.5./4(%-'8/5)%+(-(5+8CD(c9::^d='(;<9]((((((I5D67%?C-5&6AY(HT(c9::^dT(]+53./73*(+/8C.%'06(+='(3%/0%='+*%(0%2()=/70T(3%-"5%&$%($-#AT()1,"%-$*1Y(!@/()1,"%-$*1T((I0-%%?Y(oT(c9::^dT(h400-"-*8%6"%&Y(%%&(20?E**-$5D(*?"%-&*"5%X(*?,(0M,"*M(&**-(E%-AniY(OB,F)-"(c9::^d;'(9\<9^T(%!LBWq!(c9:;9d(]5F)'%Z+(/+("%w0&?5&%xT(>-#,,%?'(!065#,T(7""M'VVEEET,065#,TC%V"5A5<5&$%jTM7MfM*D%y/*#?0zH-%5-%z<zM%$*D0D5%z$%-z0&$%-$-#A"%&(cD%-**$M?%%D$(0M(;^T;;T9:;9d(((!SQqR/qRS(ZQqG3(c,T$Td(&(A/0/./(-"(w0&?5&%xT(>-#,,%?'(3Q()I>o)!!)3Q(2KET(7""M'VVEEET,"%#&M#&"8%#D$TC%V5&$%jTM7Mf*y5"%1V25%EV9\=(cD%-**$M?%%D$(0M(9PT:PT9:;9d((%S511%-1*&,Y()T(c9:;:dT(&(%9()(4/0*%450%5))'8C.'0(0%',%6(%5+9(/6-B5+3."%;(0%'06(+='(3%055+%6(%9()(4/0*%450%5))'8C.'0(%7'0*(+(0%9/00(0%C(.%/0.(+/B350.''+%<.5+.%](',)(D%J'+(85%]+'B'%f%;4(0.-"()X,"#$%%-M-08%6"(!065**?(@%-AT(G%&"Y(H*6#?"%5"(I%&,(%&(@%?K58&(u(F0D%,6700?(G%&"T(((4*&$%-2%%&Y(GT(c9::^dY(hp**"(7%"(K5%&n(F%"(D%C-#5A(2*&(X0"0_,(5&(5&"%-25%E,iY(`/76-8C+/A.%4''+%8+/B/0')'*/(Y(c9::^d\'(=^\<=P\T((

! '%!

(4%-,67%?$%&Y(GT(c9::9dT(U,45../0*(0%'4(+%2()=/70%(0%9(*()(/6/0*"%;(0%-'8/55)GL,(6M5*'*/-8C(%505)X-(%450%)((+)/0*(09(*()(/6/0*%5)-%(E(B,)5+/-./-8C%.C(B5%/0%C(.%7(F*69()(/6"(G%&"Y()6*$%15*(/-%,,T((((4%-,67%?$%&Y(GT(c9:;9dT(V'BBF0/.X%5+.-%/0%?(0."%U06(+='(3%055+%,+53./73(0%/0%-.(6()/73(%.F--(0+F/B.(-%450F/.%5+./-./(3%(0%-'8/55)%,(+-,(8./(A"(L&$%-K0%A,M-08%6"T(G%&"Y(F0D%,6700?(G%&"T(&(4p))I!(IWRW!SQoWQ(4)R(LR3Qo@WZ!(QR(4LoIWRG(c9:;9d(&(8+((.%450%$dSdgS#ddhT(w0&?5&%xT(>-#,,%?'(4p**1,(I5&5,"%-5%(2*&(L&$%-E58,(%&(40-15&DT(7""M'VVEEET0&$T2?**&$%-%&TC%V%$#?%jV$*"*C*,%V$06#1%&"V$06#1%&"T*,Mf$065$y;\:=9(cD%-**$M?%%D$(0M(9;T;9T9:;9d(((4p))I!(IWRW!SQoWQ(4)R(LR3Qo@WZ!(QR(4LoIWRG(c9:;9d(&/(0-.%9(+'(,-',)(/6/0*"%w0&?5&%xT(>-#,,%?'(4p**1,(I5&5,"%-5%(2*&(L&$%-E58,(%&(40-15&DT(7""M'VVEEET0&$T2?**&$%-%&TC%V$C0VM-08%6"%&VM-08%6"%&{*?"%-&%-%&$s9:?%-%&{C-#DT7"1((cD%-**$M?%%D$(0M(9;T;9T9:;9d((4p))I!Q(/oL4WRBWQ!(QR(4p))I!Q(GQIQQR!BF)/!BLIIW!!WQ(4)R(>oq!!Qp(c,T$Td(&(%-'8/5)(%355+.T%w0&?5&%xT(>-#,,%?'(4?**1,%(M-025&65%,(%&(4?**1,%(G%1%%&,67*M,60115,,5%(2*&(>-#,,%?T(7""M'VVEEET$%,065*?%A**-"TC%VK0%A%&V5&$%jT6X1(cD%-**$M?%%D$(0M(9]T;;T9:;9d(%4-*&A%&Y(IT(c9:;:dT(hS#,,%&($0%?(%&(E%-A%?58A7%5$iY(OB,F)-Y(c9:;:d='(;9P<;=]T((((((((((((((((((((((((((((((((((((((

! '&!

W'P2.-/(&&WAK<DC=&4&&>%2%,"5D5&D($%%?&*1%(80&D%-%&(&o Z*Y(5A(E5?(1%%$0%&T((o R%%Y(5A(E5?(&5%"(1%%$0%&T(((((((((((((((((((((((((((((((((((((((((((((((((((((

! ''!

(>-5%X(**&(0#$%-,(&&

(;9(&02%1C%-(9:;9(

((((>%,"%(0#$%-c,dY((((q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q(A*&(1%(1*AA%?58A(C%-%5A%&(25*(0&$%-,"**&$%(60&"*6"D%D%2%&,T(()?2*,"(C%$*&A"(200-($%(1%$%E%-A5&D(4-5%&$%?58A%(D-0%"%&Y(()&*+,("%--.&Y((!"#$%&"(**&(F0D%,6700?(G%&"(%&(,"*D5*5-(C58(ZQ!(G%&"T(Q<1*5?'(*&*5,T"%--.&U8%,TC%((S%?%X00&(ZQ!(G%&"'(:PV9==T^^T:](&&&&&&&&&&&&&&&&&

! '(!

G0%$A%#-5&D(0#$%-,((((B0&"*6"M%-,00&'( (((( ((((Q<1*5?'(( ( (((((((((((S%?%X00&(ZQ!(G%&"'((()&*+,("%--.&(( ( ( ((((*&*5,T"%--.&U8%,TC%( (((((:PV9==T^^T:](((((L&$%-D%"%A%&$%(D%%X"(*?,(0#$%-(V(200D$("0%,"%115&D(**&(TTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT(01($%%?("%(&%1%&(**&(7%"(0&$%-K0%A(02%-($%(C%"%A%&5,D%25&D(2*&(80&D%-%&(**&(%%&(200-"-*8%6"T(((b0E%?(158&(K00&V$067"%-(*?,(5A(K58&(0M($%(700D"%(TTT('((<( TTT(2*&(7%"(0&$%-E%-M(%&(7%"(2%-?00M(2*&(7%"(0&$%-K0%A|((<( TTT($*"($%%?&*1%(**&(7%"(0&$%-K0%A(2-58E5??5D(D%C%#-"|((<(((((((((((TTT($*"(7%"(5&"%-25%E(0MD%&01%&(K*?(E0-$%&(1%"(%%&(,"%10M&%1%-|(<( TTT($*"($%%?&%1%-,(0M(%?A(101%&"(7#&(1%$%E%-A5&D(**&(7%"(0&$%-K0%A(A#&&%&(,"0MK%""%&|(<(((((((((((TTT($*"($%(D%D%2%&,($5%(#5"(7%"(0&$%-K0%A(200-"A01%&(2%-"-0#E%?58A(C%7*&$%?$(E0-$%&T((((3*"#1((kkkkkkkkkkkkkkkkkkkkkkkT(((F*&$"%A%&5&D((kkkkkkkkkkkkkkkkkkkkkkkT((&&&&&&&&&&&&&&&&&&&&&&&&&&

! ')!

G0%$A%#-5&D(,"*D%M?**",((((B0&"*6"M%-,00&'( (((( ((((Q<1*5?'(( ( (((((((((((S%?%X00&(ZQ!(G%&"'((()&*+,("%--.&(( ( ( ((((*&*5,T"%--.&U8%,TC%( (((((:PV9==T^^T:](((((L&$%-D%"%A%&$%(D%%X"(*?,(kkkkkkkkkkkkkkkk("0%,"%115&D(**&()&*+,("%--.&(01(%%&(C%?%25&D,0&$%-K0%A(#5"("%(20%-%&T(S58$%&,($5"(0&$%-K0%A(K*?(D%M%5?$(E0-$%&(&**-(E%?A%(C%"%A%&5,($%(80&D%-%&(2*&(QXX%6"(D%2%&(**&(7%"(200-"-*8%6"($*"(K%(20?D%&T(((q(C%&"(0M($%(700D"%(TTT('((<( TTT(2*&(7%"(0&$%-E%-M(%&(7%"(2%-?00M(2*&(7%"(0&$%-K0%A|((<(((((((((((TTT($*"($%%?&*1%(**&(7%"(0&$%-K0%A(2-58E5??5D(D%C%#-"|((<(((((((((((TTT($*"(7%"(5&"%-25%E(0MD%&01%&(K*?(E0-$%&(1%"(%%&(,"%10M&%1%-|(<( TTT($*"($%%?&%1%-,(0M(%?A(101%&"(7#&(1%$%E%-A5&D(**&(7%"(0&$%-K0%A(A#&&%&(,"0MK%""%&|(- TTT($*"($%(D%D%2%&,($5%(#5"(7%"(0&$%-K0%A(200-"A01%&(2%-"-0#E%?58A(C%7*&$%?$(E0-$%&T((((3*"#1((kkkkkkkkkkkkkkkkkkkkkkkT(((F*&$"%A%&5&D((kkkkkkkkkkkkkkkkkkkkkkkT(&&&&&&&&&&&&&&&&&&&&&&&&

! (+!

&WAK<DC=&1&

&/BG=<&;AK&==9?@=&AB@=9EA=J[&+@D9@&F9DG@AKG:BR=9Z:=G&>=@&R==<B=>=9?&

(7M=>D& )::NRE9DDC& WAKE9DC=B&

S**A(*?,($%%?&%1%-("0%?567"%&( ( (R00$K*A%?58A%(X0-1#?5%-%&(

1%%D%2%&(( (

((

4%-A%&&5&D(,"#$5%-567"5&D( @**-01(20?D(8%(3>!Lf( F0%V@**-01(C%&(8%(75%-("%-%67"(D%A01%&f(

@%?A%(,"#$5%-567"5&D(7%C(8%(75%-200-(D%20?D$f(

@%?A%(-567"5&D(20?D(8%(&#f(@*"(2%-E*67""%(8%("0%&(8%(

%-**&(C%D0&f(45&$(8%(7%"(?%#Af(

@*"(25&$(8%(%-(&5%"VE%?(?%#A(**&f(

`%&$%(8%(75%-200-(&0D(1%&,%&($5%(3>!L(20?D%&(0X(7%CC%&(

D%20?D$f((

&.<C=>=B=&?@D9@E9DC=B[&(F0%(20%?$%(8%(8%(**&(7%"(C%D5&(2*&($%($*Df(cG%C-#5A(X567%,(1%"(%10"5%,d((F0%(A01"(7%"($*"(8%(8%(K0(20%?$%f(cG%C-#5A(X567%,(1%"(00-K*A%&d(

&%//2&4[&W=<=EABC&L:>F=@=B@A=^:FR9DLM@=B&

&7M=>D& )::NRE9DDC& WAKE9DC=B&

4%-A%&&5&D(X0"0( @*"(,"**"(%-(0M(8%(X0"0f((

@**-(E*,(8%("0%&(8%($%K%(X0"0(&*1f(

@*"(D%C%#-$%(%-(0&$%-"#,,%&f(@5%(E*,(%-(5&($%(C##-"f(@**-01(7%C(8%($%K%(X0"0(

D%&01%&f(@*"(E5?(8%(c2%-$%-d(&0D(02%-(

$%K%(X0"0(2%-"%??%&f(4%-A%&&5&D(0M$-*67"%&( @*"(20&$(8%(2*&($%(

0M$-*67"%&f((

40&$(8%(K%(10%5?58AVD%1*AA%?58Af(

40&$(8%(K%(?%#Af(40&$(8%(K%(5&"%-%,,*&"f(

@*"(7%C(8%(&0D(0&"70#$%&(#5"($%(0M$-*67"%&f(

4%-A%&&5&D(601M%"%&"5%,( )*&(E%?A%(601M%"%&"5%,(7%CC%&(E%(D%E%-A"f(

@*"(A*&(8%(&*(2*&$**D(C%"%-f(@5?$%(8%($5"(C%"%-(A#&&%&f(

&&

%//2&1[&W=<=EABC&EDB&R=&FDIZ=?c&ABN:9>=<=&>:>=B@=B&&

7M=>D& )::NRE9DDC& WAKE9DC=B&4%-A%&&5&D(X0"0( @*"(,"**"(%-(0M(8%(X0"0f(

(@**-(E*,(8%("0%&(8%($%K%(X0"0(

&*1f(

! (*!

@*"(D%C%#-$%(%-(0&$%-"#,,%&f(@5%(E*,(%-(5&($%(C##-"f(@**-01(7%C(8%($%K%(X0"0(

D%&01%&f(@*"(E5?(8%(c2%-$%-d(&0D(02%-(

$%K%(X0"0(2%-"%??%&f(4%-A%&&5&D(M*#K%,( @*"(7%C(8%("58$%&,($%(M*#K%,(

D%$**&f(@**-**&($*67"(8%("58$%&,($%(

M*#K%f(

@%?A(D%20%?(7*$(8%(75%-C58f(cG%C-#5A(X567%(1%"(

2%-,675??%&$%(D%20%?%&,d(((

&&

%//2H[&X:B@DL@=B&>=@&R=&DBR=9=&K:BC=9=B&&

7M=>D& )::NRE9DDC& WAKE9DC=B&4%-A%&&5&D(X0"0( @*"(,"**"(%-(0M(8%(X0"0f(

(@**-(E*,(8%("0%&(8%($%K%(X0"0(

&*1f(@*"(D%C%#-$%(%-(0&$%-"#,,%&f(

@5%(E*,(%-(5&($%(C##-"f(@**-01(7%C(8%($%K%(X0"0(

D%&01%&f(@*"(E5?(8%(c2%-$%-d(&0D(02%-(

$%K%(X0"0(2%-"%??%&f(4%-A%&&5&D(5&"%-*6"5%(1%"(

*&$%-%(80&D%-%&(I%"(E%?A%(80&D%-%&(7%C(8%(2*&$**D(60&"*6"(D%7*$f(

(((

@**-02%-(7%CC%&(8#??5%(D%C*CC%?$f(

@*"(7%CC%&(8#??5%(,*1%&(D%$**&f(

@%?A(D%20%?(7*$(8%(75%-C58f(cG%C-#5A(X567%(D%20%?%&,d(

(!M-%%A(8%($**-(00A(0M(*&$%-%(

M?**","%&(02%-f(`%&&%&($%(*&$%-%(QXX%6"%-,(7%"(0&$%-E%-MV$%(M%-,00&(00Af(

&&%//2T[&X:B@DL@=B&>=@&R=&;=C=<=AR=9d?e&

&7M=>D& )::NRE9DDC& WAKE9DC=B&

4%-A%&&5&D(X0"0( @*"(,"**"(%-(0M(8%(X0"0f((

@**-(E*,(8%("0%&(8%($%K%(X0"0(&*1f(

@*"(D%C%#-$%(%-(0&$%-"#,,%&f(@5%(E*,(%-(5&($%(C##-"f(@**-01(7%C(8%($%K%(X0"0(

D%&01%&f(@*"(E5?(8%(c2%-$%-d(&0D(02%-(

$%K%(X0"0(2%-"%??%&f(4%-A%&&5&D(5&"%-*6"5%(1%"(

C%D%?%5$%-c,d(I%"(E%?A%(C%D%?%5$%-,(7%C(8%(

2*&$**D(60&"*6"(D%7*$f(((((

@*"(7%CC%&(8#??5%(,*1%&(D%$**&f(

@*,(7%"(%%&(?%#AY(2%-2%?%&$Y(D-*MM5DYk(60&"*6"f(

@%?A(D%20%?(7*$(8%(75%-C58f(cG%C-#5A(X567%(D%20%?%&,d(

(((

/BG=<&;AK&<DD@?@=&AB@=9EA=J[&.N?<IA@ABC&F9DG@AKG:BR=9Z:=G&>=@&R==<B=>=9?&(

7M=>D& )::NRE9DDC& WAKE9DC=B&L&$%-K0%A( @*"(20&$(8%(2*&($%(0M$-*67"( 40&$(8%(7%"(?%#AY(5&"%-%,,*&"(

! ("!

( $5%(5A(8%(7%C(D%D%2%&f( 01(X0"0_,("%(&%1%&(2*&(%?%1%&"%&($5%(8%(E5?$%(

2%-"%??%&f((

@*"(20&$(8%(2*&($%(X0"0<5&"%-25%E,f(

>%$*&A5&D($%%?&%1%-( ( (((.<C=>=B=&?<:@E9DC=B[&&F0%(20%?(8%(8%(**&(7%"(%5&$%(2*&($%($*Df(cD%C-#5A(X567%,(1%"(%10"5%,d((F0%(A01"(7%"($*"(8%(8%(K0(20%?"f(cG%C-#5A(X567%,(1%"(00-K*A%&d(

((((