7EF,;?71AGD7E5G76"' 1AGD7E5G76,,1 ,DK93;@*7FGD@FA3;DK/AD>6(>3K,;?7,D;3> 1AGD,;?7 ,;?7,D;3>,;?7!&,:7BADF3>;E4DA=7@+BKDA 1AG>>@776FAD7E5G7?AD783;D;7EEAF:7;D?39;553@:7>B?7I;F:3EB7>>FAD7B3;DF:7BADF3> ]!&1AGD76A;@99D73F+BKDA 1AGH7D7E5G767@AG9:83;D;7EFA:7>B?7D7B3;DF:7BADF3> r!&&AIKAG>>4734>7FA7JB>AD7F:7@7JFB3DFA8F:73;DK/AD>6I:;>7!=77BE73D5:;@98ADF:7+B7>>AA= z*!$$ ;F:7D7+BKDA 1AG>>@7H7D9G7EEI:3F!:73D6F:7* 1&'+3D7435=:,:AE7E?7>>K*:K@A5EE77?FA473>>AH7DF:73;DK/AD>6E ,'**!,:3@=KAG+BKDA!?@AFEGD7I:3F:3BB7@764GF!I3E8>K;@9AH7DFA?77F34D;7>>73@6EG667@>K!I3E8DAL7@;@F:3F5:;>>K5DKEF3> +-%%*+BKDA;8KAG@776FA>AA=83D;@FAF:76;EF3@57:A>66AI@F:7$GFFA@3@6?AH7F:7A@FDA>(36;@F:76;D75F;A@KAGI3@FFAE77 v-,-%&A@FIADDK34AGF83>>;@9;@F:73;DK/AD>6E+BKDA !8KAG83>>;@33;DK/AD>6AGD?39;5I;>>D7E5G7KAGK*!FI3E97FF;@93I8G>>K8DAEFK;@F:3F5DKEF3> ,:3@=E8ADE3H;@9?7l*&'** ,:;E+B7>>AA=;EIADF:>7EE$AA=I:3F;F6;6FA?7!H79AFFIA:736E3@68AGD:73635:7Em,:AE7*:K@A5E47FF7D4D;@9?77@AG9:3;D;7EEA!53@BD7B3D7F:7?39;5BAF;A@FA97FD;6A8F:;E7JFD3:736 -&,*1A+BKDA !:3H73877>;@9F:3F5:3D9;@9;E9A;@9FA5A?7;@:3@6KA@F:;ED7E5G7?;EE;A@ 1AG?;9:FI3@FFABD35F;57;F34;F I!8KAGBD7EEF:7*GFFA@KAG53@5:3D97 ,DK5:3D9;@9;@FAF:AE7E:77B (D7EE*GFFA@FA5:3D97 r -&,*+BKDA!F:;@=!E77EA?7F:;@9EB3D=>;@9AH7DA@F:3F83D:;>> 1AG>>:3H7FA9>;67FA97F35DAEEFA;F [(D7EEF:7GFFA@FA7KAGD7;@F:73;DFA9>;67 C(D7EEF:7GFFA@FA;67 d -&,*' # +BKDA !=@AIKAGD7D736K8ADF:;E ,AD735:F:3F:;>>KAG53@97FF:7D74K:AH7D;@9 ;,A:AH7D;67 g(D7EEF:7GFFA@3FF:77@6A8KAGD9>;67FA:AH7D AH7D;@9I;>>9;H7KAG7JFD3:7;9:F3@66;EF3@57 @%'&1++BKDA%K8G@@KE77;@9KAG393;@ !F?GEF4783F7 u/7>>;FE77?E 3;=G(A7FE3D7@F3EBDA8;F34>73E!:36:73D6EA!53?7:7D73@6EFDG5=GB3673>I;F:F:7*:K@A5E m!?97FF;@9B3;638ADFG@74K3H7DK>3D97*:K@A5FA=77BF:;E;@E75F;@875F76>7H7>D7EFD;5F768DA?D39A@E A?7FAF:;@=A8;F:7@7H7D6;6?7@F;A@3@KF:;@934AGF6D39A@$!+ !EGBBAE7>7FF;@936D39A@$1F:DAG9:IAG>6@F53GE73@K:3D?@AIIAG>6;F 6EB75;3>>K;8KAGI7D7FAB3K?7E3K 3E?3>>877(3K 97?EFA7@F7D+GD7 &AF:3@=E`%'&1+/7>>6A@FIADDK+BKDA !?EGD7F:7E5D73?EA8F;@K83;D;7EE:3>>EFABEAA@7@AG9: v%'&1+:::+BKDADA?KAGD:73DF;@FA?KBA5=7F4AA=KAG:3H7EB7@FKAGD6;EBAE34>7;@5A?7I;E7>KKAG@96D39A@ f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{*%*+',,A>>K77+BKDA ,:3F63D@76,:;786A@7EFA>7?K@7IE:AH7> !647?G5:A4>;976;8KAG9AF;F435=8AD?7 *%*+',,,:3FI3ED;9:F@;57A8KAG+BKDA /3;F35AFFA@ B;5=;@9?;@GF7 ,:;E;E@F?KE:AH7> /:3F7H7D;F;EKAG53@=77B;F 7+ *!+#!( AI6K+BKDA!?D;9:F9>36FAE77K3 sI:A>793@9A8AGF>3I*:K@A5EDA67;@FAFAI@A5=767BGFK%3FFK;@%1<3;>57>>3@6EFA>7@?K=7KE !647D;9:FB>73E76;8KAG69;H7?73:3@6I;F:F:7E7*:K@A5E  17EJ;FF:;E/AD>6A@F;@G7&A J;F$7H7>1AG3>D736K:3H7F:;E83;DK )G;F(>3K;@9 3?7'H7D )G;F3?7 ,DK93;@!&+BKDA!:3H738G@@K877>;@934AGF3>>F:;E /7EF;>>:3H7@F8AG@62A7EAF:7D7?GEF47?AD73;D;7EAGFF:7D73@6D7@6ADEI3@6;E?;EE;@9 d/:K6A@FKAGE77;8KAG53@DAG@6GBF:7>3EFA8F:73;D;7EI:;>7!FDKFAFD35=6AI@F:3FI3@61AGD7E5G76$!+ X*&'*/7>>+BKDAI7?77F3F>3EF ;6KAGF:;@=!8DAL73>>F:AE783;D;7E3E393?7;6KAGF:;@=!IAG>6@F@AF;57F:3FKAG:3H7477@?7EE;@9GB?KB>3@E>>!@776;EF:7I;@9EA8 3;D;7E3@6?KBAF;A@;E5A?B>7F7 g!@53E7KAG:36@F@AF;576!:3H7,/':736E@6!6A@FI3@F,/':736E!I3@F'&D73>>KE?3DF:736@6F:AE73;D;7E3D7F:7=7KFA3>>?KB>3@E +A38F7D!?6A@7I;F:KAG!?97FF;@93>>F:AE73;D;7E435=3@697FF;@9D;6A8F:;E   U*&'*1AGF:AG9:FKAG69AFF7@D;6A8?76;6@FKAG +ADDKD39A@ &AEG5:>G5= I@6F:;EF;?7!?GE;@9;573E?KI73BA@A@KAG +A97FD736KFA8D77L7*&'*>>D;9:F !6A@F7H7@I3@FFA473E?3DF3@6BAI7D8G>I;L3D63@K?AD7 !647:3BBK>F3=7F:;E>3EF3;DK435= +:7E@AF9A;@9FA6A?73@K9AA63@KI3K %3K47!>>3E=F:7(3@63E:AIFA?76;F3F7 ,:3F?;9:F:7>B?K:73635:7 q*&'*%K:736E9A@7@6?K:73635:7E9A@7FAA':F:3@=KAG2A7!BDA?;E7FA@7H7DB>3KI;F:?39;5393;@ !6A@F=@AII:K!I3@F76FAFDK;F !D73>>K>;=7IAD=;@9;@F:7>;4D3DK !8KAG7H7DI3@FFA5:75=AGF3@K?AD7FD3H7>4AA=E;4D3DK 173:D;9:F!3?9A;@9435=FAF:74735:@6F:;EF;?7!?9A;@9A@3D73>H353F;A@ L&A?AD7*:K@A5E &A?AD7?;EE;@93;D;7E @6>AFEA86D;@=EI;F:G?4D7>>3Ez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~,:7*:K@A5E53BFGD76?7?47DEA8?K4D;93673@6>A5=76F:7?;@5397E !F:;@=KAGD5:3D97?AH7E:AG>64D73=F:AE753976AADE >($ %*!,:3@=EFAKAGI753@D7EG?7AGDFD3;@;@9E7EE;A@ e,:7EA>6;7DEA8 G??;@94;D6A?B3@K+!IAG>6>;=7KAGFA:3H7F:;EFDAB:KFAE:AIAGD3BBD75;3F;A@ \($ *&T/7>>6A@7(D;H3F7D39A@ ,3=7F:7E78DAL7@('/EI;F:KAG3@6!4;6KAG36;7G 1AGD7E5G76#*& 1AGD7E5G76#*!+,& P* !&&'&/AIF:3F:A@7K53@97FEF;5=K+BKDA4GF;FEGD7F3EF7E9AA6 ,:3@=E -11!?H7DK9D3F78G>8ADKAGD:7>B+BKDA / - -/AI+BKDA!F877>E9D73FFA478D77-$,,11AG3D7;FF>76D39A@u(*'++'*:+BKDA %KF;?7FD3H7>IAD=:3E477@9A;@9I7>> GF!E77F:3FAGDA>68A7EF:7*:K@A5E:3H7D7FGD@76 u'D?3K47I7D7@AI;@F:7B3EF3@6F:7K3D7@7I8A7E 'D?3K47 @KI3KE77I:3FKAG53@6A34AGFF:7?IAG>6KAGk(*'++'*':!:3H7@FE77@KAG;@EG5:3>A@9F;?7+BKDA 'D?3K47!:3H73@6;F3D5A?B3EE8AD?7 !?38D3;6;F5AG>697F>AEF;@F;?73@6!>>@776;FEAA@7DAD>3F7D w(*'++'*+BKDAF:7*:K@A5E:3H7=@A5=76?K,;?7%35:;@7;@FAF:7:A@7K?3DE:3@6!@776FA97F435=FAF:78GFGD7 v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o+A?7A@7:3E53EF3BAI7D8G>EB7>>AH7DF:73;DK/AD>68D77L;@983;D;7E;@!57DKEF3>E @6I753@F97FAGF&AIF:7*:K@A5E3D7435=3@65A>>75F;@983;D;7EA@74KA@7 !I;E:!=@7II:3FF:7KI7D7GBFA (>73E75A?7435=478AD7;FEFAA>3F7 >!&/:;>7KAG9AE77I:3FE:3BB7@;@9;@F:73;DK/AD>6a!>>5:75=F:7+AD57D7EEE+B7>>AA=8ADEA?7F:;@9I753@GE7FA8;@6AGFI:AE47:;@63>>F:;E S!&/:3F6AKAG?73@!@7H7D>7F;FAGFA8?KE;9:F !FED;9:F;@?K439 !&' &'%K+B7>>AA=/:7D7;E;F!?GEF:3H7>78F;F3FF:7>;4D3DKI:7@!I3EB;5=;@9GBF:3FFD3H7>4AA=8ADAGDD39A@+:AD7EH353F;A@ !H79AFF39A8;@6;F!&'= +77KAGEAA@{ -&,* 7K+BKDA!F:;@=!E773>K;@9+:77B+3G57D:736;@9EFD3;9:F8ADGE$7FE97FAGFA8:7D7478AD7;F346G5FEGE -&,*@63>>F:783;D;7E S -&,*1AG=@AI;3@53!:3H7@FE77@KAG53DDK;@9F:7+B7>>AA=;@387I63KE E+(1*',:3FE@AF3>K;@9+:77B+3G57D G@F7D;FE>AA@ 0+(1*',:;E;EF7DD;4>7I7:3H7FA9A:7>B2A7 ^+(1*';3@53I:;>7KAG8;@6KAGD+B7>>AA= G@F7D+B3DJ3@6!I;>>9A8;@6F:AE783;D;7E 3;DK$7H7>A?B>7F7&$!+ *&R!+-,+ !,$!&'+(W'$'!3?EA9>36FAE77KAG+BKDA ,:AE7*:K@A5E>7FF:7;DB7FBF7DA635FK>EA88F:7;D>73E:7E @6@AIF:7KD7DG;@;@9?K535FGE5DAB q!47FKAG53@:7>B?7AGF "GEFFDK8>3?;@9F:AE7535FGE4A?4EAH7DA@FAF:797KE7DE ,:3FE:AG>66AF:7FD;5= p',:3@=E+BKDA 7D7KAG53@:3H7F:;E5D3LK>AA=;@9DA5=!8AG@6B>G99;@9GBA@7A8F:797KE7DE73D>;7D 1AGD7E5G76* '& 1AGD7E5G76$! $!,:3@=E+BKDA[++&*,:3@=EEA?G5:8ADD7E5G;@9?7+BKDA ,:AE7535F;I7D797FF;@9=;@6A8BD;5=>K \+-2&,:3@=E8ADD7E5G;@9?7+BKDA!:73D6F:3FEA?783;D;7E:;63DAG@68>3??34>7A4<75FE ;:75=7H7DKI:7D7+BKDAKAG@7H7D=@AII:3FKAG?;9:F8;@6$%! $$1AGD7F:7*,+,+BKDA Q%$!++,:3@=E8ADI3D?;@9?7GB+BKDA %K8;@97DF;BEI7D7EF3DF;@9FA5D;@=>7 |&1'+BKDA !=@AI?K4DG667D,DA9@AF3>=EA9AA64GFKAGE:AG>6=@AIEI74AF:3BBD75;3F76F:3FKAG6A@76;E8ADGE N1AG53@:3H7?K>G5=KF:;@9 !?EADDKF:3F;FE?7>FK ;FI3E;@?KBA5=7F c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}+,&$1!?EA@7DHAGE !?7FF:;E?7D?3;6+F357K3@6/'/;EE:7BD7FFK +:7EEGBBAE76FA?77F?7A@F:74735:FA@;9:F4GFF:7*:K@A5EFGD@76A883>>F:7>;9:F:AGE7EEA!?38D3;6E:7?;9:F97F>AEF !?EGD7KAGD8>3?74D73F:5AG>6>;9:FF:7>;9:F:AGE7E >+,&$11AGI7D79D73F+BKDA @6+F357K8AG@6?7D;9:F3I3K}+,!':F:3@=9AA6@7EE+BKDAKAGD7:7D7 ,:AE7?73@A>6*:K@A5E3D7?3=;@9EG5:3?7EEA87H7DKF:;@93@6DG;@;@9?KF3@ 3(>73E7?3=7F:7?9A3I3KEAI753@7@AH7BGDB>76D39A@E!$!2,:3@=E8ADF:7D7E5G7+BKDA1AGD7E5G76*1+'& m$-!6E3KAA6%AD@;@9+BKDA4GF@A?AD@;@9I;>>.*479AA6I:;>7F:AE75>G?EK*:K@A5E3D73DAG@6 6KAGE77I:3FKAG53@6A34AGFF:;E*:K@A5;@87EF3F;A@l$-#1+FAB,:;78+BKDAF:3FF:;78EFA>7?K@7I:;9:7@6AH7DBD;57635F;A@8;9GD7 7>B97F;F435=+BKDA$-#1,:3@=E3FA@+BKDA 7KF:;E;E@F3@35F;A@8;9GD73F3>>,:3F473DD;BB76?7A88 !FE36FAE77KAG *:K@A5E:3H7EFABB76F:747>>E8DA?D;@9;@93@6@AIF:7FAI@5:A;D;EE;@9;@9A88F7?BA VAG>6KAGD;@9F:747>>E;@F:75ADD75FAD67DEAF:3F?K5:A;D53@E;@93>A@9FAF:7? 7>B$K>717E&AS$1$&A&A&A !F:;@=KAGD3@9F:7IDA@947>>F:3F>3EFF;?7 (>73E7FDK393;@ 7>B$K>717E&A$1$':+BKDA;FEE;?B>K?3DH7>AGE ,:75:A;D;EE;@9;@973E7F3=7F:;E?7FDA@A?73E3FA=7@A8?K3BBD75;3F;A@ j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r(!&'@47:3>8A8F:7(3@633D67@EF388!IAG>6>;=7FAF:3@=KAG8ADEB7@6;@9EA?7A8KAGDFD3@CG;>F;?7:7D7 1 3H738DAL7@FD73FA@KAGDI3KAGF K7K7@AI _+'&,:7D7E3F:;78AH7DF:7D7+BKDA3@6:7FAA=?K4AJA8;@57@E7 3F5::;?8AD?7B>73E7 W+'&,:3@=KAG+BKDA GFF:3FE@AF?K4AJA8;@57@E7 %3K47!>78F;F;@F:7E3G@3 1&"GEFF:76D39A@!I3E>AA=;@98AD %K4DAF:7D$G?I3EFDK;@9FA8;@63B>357A8EA>;FG673I3K8DA?F:7*:K@A5E3@6:;6;@F:;EH3E7 EGF@AI:7EEFG5=3@6F:7H3E7=77BE6;E3BB73D;@9 (>73E7:7>B:;? d1&':$G?!?EA9>36KAGD7E387 +BKDAB>73E7F3=7?K?76;F3F;A@5DKEF3>3E3F:3@=KAG9;8F 17E )G;F(>3K;@9&AZ,*!-&*1&+BKDAF:3@=9AA6@7EEKAG3D7:7D7 /;F:3>>F:7E7*:K@A5EDGE:;@93DAG@6s!53@F8;@6+7@3FAD*;55;3@KI:7D73@6:7:3E3>>F:7E@AI5A@7E8ADF:73;DK7EF;H3>(>73E7:7>B?78;@6:;? 1AGD7E5G76',11AGD7E5G76+* $*%!,:3@=E8AD8;@6;@9?7"++!,:3@=E+BKDA1AGD7E5G76&!& 1AGD7E5G76#!% k%1'*$'+BKDAKAG3D7EF3DF76 _GF;F;L7@(366KAGD%3EF7DA87D7?A@;7E:3E9AFF7@:;?E7>8>A5=76;@F:3F?KEF7D;AGEH3E7 @AG>6KAGE77;8KAG53@53F5:F:3FH3E73@68D77;F;L7@(366K%1'*$':I7D79A;@9FA:3H73IA@67D8G>3;DK7EF;H3>@63E3FA=7@A8AGD3BBD75;3F;A@I7I3@FFA9;H7KAGF:78;DEF3;DK,DAB:Kn+&,'**!!':+BKDA;FE9AA6FAE77KAG ,:7E@AI5A@767>;H7DK8ADF:73;DK7EF;H3>;E3>>?7EE76GB X!6A@F=@AII:3FF:;E8DAL7@F:;@9;E4GF;F57DF3;@>K;E@F35:7DDK47DDKE@AI5A@7 p'-&!$'*+,-*,,:7D7E3F:;78AGFF:7D7+BKDA3@6:7EFA>7F:7FDAB:K8AD47EF8>A3F3FF:73;DK7EF;H3> w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k!&!F:;@=!=@AII:7D7?K+B7>>AA=?;9:F47 8F7D!8;@6;F!>>?77FKAG;@F:7@7JF3;DK A?7 <++!,:3@=E+BKDA!@7H7DF:AG9:F3@KA@7IAG>68;@6?7 V,++!>;=7F:75A>63>AF+BKDA4GFF:3F5DKEF3>I3E3>;FF>7FAA5A>6 ,:3@=KAG !!!?H7DK9D3F78G>+BKDA ]"-1753D78G>A8D7@6AD+BKDA !:73D6:7EF:7A@7I:AE7@FF:7*:K@A5EFA53BFGD7GE r%**!/, *!AH7D:73D6A@7A8F:7*:K@A5EE3K;@9F:3FD7@6ADI3@FEFAFGD@:;?E7>8;@FA3EGB7DE?3DF*:K@A5%3@6:7E9A;@9FAGE7?39;5FA6A;F l*&'*,:3F>;FF>7?;E7D34>77J5GE78AD36D39A@;EDG;@;@9?KB>3@E3@6F:;E:73635:7;E6D;H;@9?7?36 B/:7@!8;@;E:I;F:F:AE783;D;7E3@697FD;6A8F:;E7JFD3:736{!>>8;@6F:3F;@5A?B7F7@F>;FF>7EAD57D7EE;3@533@6?3=7:7DF7>>?7I:3FI7@FIDA@9I;F:F:;E5D3LKEB7>>4AA=A8:7DE %'&1+:+BKDA!E77+B3DJ;E435=8AD3@AF:7DH7@FGD7;@FA4G9 6AA? 3 3 3 3: ;EBD7H;AGEEG557EEI3E3>?AEF;?BD7EE;H7 NGFA85AGDE7F:7D7?GEF473E;L34>77J5:3@97A897?EFA?3=7F:;EBAEE;4>7 (3K 97?EFA7@F7D+GD7 &AF:3@=Eq%'&1+,GFFGF ;FI;>>5AEFKAG?AD7F:3@F:3FFA9AE3H7F:7BAAD8DAL7@83;DK>A5=766AI@;@F:;EIAD>6 R%'&1+>>F:AE797?E9A;@98DA?KAGDBA5=7FFA?;@7;EBGD7?GE;5FA?K73DE p%'&1+*7FGD@;@98AD3@AF:7DFDK!83>>6D39A@8>;7E3D73E@3;H73EKAG!?9A;@9FA:3H73?;@7A897?E*7FGD@FAF:7+B3DJ/AD>617E&A!&+BKDA!I7@F>AA=;@98ADD7@6ADEI3@64GF!5AG>6@F8;@6;F !6;68;@6?K+B7>>AA=F:AG9: GF;F6A7E@F>AA=>;=7;FI;>>:7>B }1AG>>@776FA8;@63>>3;D;7E478AD7!53@3557EE7@AG9:?39;5FAAB7@F:;EBADF3> !F:;@=;FI;>>F3=7KAGFAD7@6AD [!&D73FIAD=+BKDA /;F:F:7:7>BA83>>3;D;7E!?EGD7!53@AB7@F:;EBADF3> >,:7@;FI;>>47GBFAKAGFA9A435=;@F:7D73@6D7E5G72A7 U$!&':+BKDA!I3ED73>>KEF3DF;@9FA97F8D;9:F7@76 ,:3@=KAG8AD8;@6;@9?7 _(&&1!:AB7KAG8;@6D7@6ADEAA@+BKDA !?38D3;6:7E9A;@9FA6AEA?7F:;@93I8G>FA2A7 }%**!,,+BKDA!:73D63*:K@A5E3KF:3FD7@6ADGE76;3@53E4AA=FA53EF3EB7>>A@:;?E7>84GF:7D736;FGBE;676AI@M3@6EA?7F:;@9I7@FF7DD;4>KIDA@9 /:3F7H7D;FI3E;F?367:;?D73>>K3@9DK  ! !+BKDA3*:K@A56DA@F:3F:7E4D;@9;@9FAD7@6AD !IA@67DI:3FD7@6ADI3@FEI;F:353G>6DA@A%$$!/:7@KAGE77D7@6AD=;5=:;?8AD?7!:3F747;@95A>6*!$$+FAB;FD;9:FF:7D7%;EF7D +BKDA3@6+B3DJ73D@763>>F:AE797?E3@6F:7KH7477@6A;@939D73F7EEKAGI3@F?7FAL3BKAG;@FA3BAAD>;FF>7?AGE7KAG>>9;H7F:7?435=F:AE797?E @*!$$,:3@=KAG ,:7D7?3K47:AB78ADKAGK7F%A@7K439E q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f%'&1+/7>>?K9AA6>AA=E3D7F:7A@>KF:;@9?AD7BD75;AGEFA?7F:3@97?E +A!>>D7FGD@F:7? KGF!I3@FKAGFA=@AIF:3F!?A@>K6A;@9F:;E4753GE7!3?E53D76A8KAG +(1*'!6AG4F;F {2',:3@=E393;@8ADD7E5G;@9?7+BKDA !8KAG8;@63>>F:797?E;@3>>F:7AF:7DIAD>6E!53@AB7@F:;EBADF3>8ADKAG 6(>3K,;?7,D;3> 1AGD,;?7 ,;?7,D;3>,;?71AGD7E5G76&1 1AGD7E5G76,%%1 A&, &;57>F:AE7+@AIDKEF3>E+BKDAL%*!?383;DK@AF3@;5;5>7 ,:3@=E8ADEFD3;9:F7@;@9F:3FAGF+BKDA /&1AGD73D73>:7DA+BKDA7%,:3@=E+BKDA!F:AG9:F!IAG>6478DAL7@8AD7H7D k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g73FF:75AGDE7478AD7F;?7DG@EAGF+BKDA *G@@;@9;@FA7@7?;7EI;>>E>AIKAG6AI@3@6F3=73I3KF;?7&A7EF,;?7 &AD?3>:AAE736;88;5G>FK1AG/A@ +3H;@993?7 x*$'/AI+BKDA ,:3@=E&AIF:3FF:7835FADK;E3>>>;FGBF:7IAD=7DE53@EF3DF97FF;@9D736K8ADF:7:A>;63KDGE:Y3@6!53@9A:A?73@697FEA?7E>77B ,:AE7>3F7@;9:FE:3H7FGD@76?7;@FA3@!@EA?@;35 1AGD7E5G76$!2, '$-1AGD7EG5:39AA66D39A@+BKDAL%,:3@=KAG+BKDA!I3E38D3;6@AA@7IAG>68;@6?7;@E;67F:3F?35:;@7 +1$.!/:3F3:7>B8G>6D39A@-+-*($-%!FEGD7I3E5A>6;@F:7D7,:3@=E$$$!(GDB>7;E?K83HAD;F75A>AD*2 *1+BKDA/73D7EA9>36FAE77KAG%K5D7I3@6!:3H7477@GB8AD63KEFDK;@9FA97FF:7,I;>;9:FG>4EFGD@76A@;@F:7835FADKEAF:7IAD=7DE53@EF3DFIAD=;@9 bGFF:AE75>G?EK*:K@A5E=77B4GEF;@93>>F:74G>4E /AG>6KAG:7>BGEFGD@F:7>;9:FEA@;@:7D7+,*,1AGD7E5G760!& 1AGD7E5G76$1+  '$$!/AI+BKDAL''#!1;=7E!FI3E5A>6;@F:7D7,:3@=E8ADF3=;@9F:75:;>>A88+BKDA '* ,:3@=KAG+BKDAJ%!!?3K473/;@F7D3;DK4GF7H7@!6A@F>;=7F:75A>6F:3F?G5: X(*'++'*/7>5A?7FA?K>34+BKDA ,:;E;EI:7D7!?5A@EFDG5F;@9?K@7IF;?7?35:;@7 T"GEFI:7@!I3E97FF;@9D736KFA?3=7?K8;@3>36E7:3E3F;?7?35:;@73@6F:7K73E7E77I:3FKAG53@6A34AGFF:7? {(*'++'*/7>>6A@7+BKDA &AI!53@IAD=;@B7357 !>>F7>>KAG3>;FF>7E75D7F !8F:;EF;?7?35:;@7IAD=E5ADD75F>Kx!>>4734>7FA9A435=3@68;@6EA?7A8F:7:3;D!>AEF +A!9G7EE!IA@F@776F:;E4AFF>7A8:3;DFA@;53@K>A@97D ](*'++'*%KF;?7?35:;@7;E3>?AEFD736K >>!@7763D7,;F3@;G?+BAD=EFABAI7D;FGB l/AG>6KAG6A?7383HAD+BKDAAFD35=6AI@F:AE7+BAD=EI:;>7!B>AF35AGDE7;@FAF:7@3H;93F;A@EKEF7? H(*'++'*!@776?AD7+BAD=EF:3@F:3FFA97FF:;E7@9;@79A;@9+BKDA V(*'++'*:B7D875F/;F:F:7E7+BAD=E!53@97FF:7F;?7?35:;@7GB3@6DG@@;@93@6F:7@;FEA88FAFD35=6AI@3>>F:7:3;D!>AEF387IK73DE39A;@ A@7K%3DE: !H7477@GE;@9F:;E3E3@3@F7@@374GF;FEEF3DF;@9FA?7>F ,D73EGD78AG@61AGD7E5G76"'1 r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b%'&1+1AG>>:3H7FAD735:;@FAKAGDBA5=7FE3>;FF>7677B7D;8KAGI3@FFAE3H7F:783;D;7E h%'&1+':!>AH797?E3>?AEF3E?G5:3E!>AH7 5FG3>>KF:7D7;E@AF:;@9!>AH7?AD7F:3@97?E s%'&1+35=8AD3@AF:7DDAG@6/:A3?!FA5A??7@FA@F:78AA>;E:@7EEA86D39A@8>;7E(>73E79AD;9:F3:736 *7FGD@FAF:7+B3DJ/AD>617E&A1+