/$+-,1
&:ROJHGHF?LJ $WLHQ:KHBAF?JBL?EVGUCIJB;HJ<UKHDH=HMJH<G9DHLHJUC
Q:KLHJ:;HL:?LG?IJ?JU<GH<HQ?GVL9@?EUOMKEH<B9O.:HQ?GVF:E?GVDHFIJHKLJ:G
KL<?=:JFHGBQGHJ:;HL:XLFGH=HQBKE?GGU?>?L:EBDHLHJU?JMDH<H>9L<K?FBNMGDPB9
FB-?O:GBQ?KDB?IJHP?KKUG?BA;?@GH<?>MLDBAG:RB<:?FHKLBIHKE?>KL<B9DHLHJHC
FH@GH K<?KLB G: FBGBFMF HKMS?KL<E99 KI?PB:EVGUC J?FHGLKF:AD: BA:F?G:
BAGH
R
?GGUO>?L:E?C,:DBD:@>UCLHQGUCIJB;HJIHBAF?J?GBX<J?F?GBL:DB<:RBQ:KU
>HE@GUJ?=ME9JGHIJHOH>BLVIJHNBE:DLBQ?KDBCHKFHLJBJ?FHGL3HEVDHIJBKH;EX
>?GBBWLBOMKEH<BCHGBFH=ML;?AHRB;HQGHJ:;HL:LV-UJ?DHF?G>M?FIJH<H>BLVK?J
<BKD:@>U?><:=H>:BD:@>UOI9LVE?L>?E:LVJ?<BABX7LBMKEM=B<:FKM>H<HEVKL<B
?FIJ?>HKL:<9L<K?HNBPB:EVGU?IJH>:<PUF:JDB
!-#-,$./-,'4$+-019
-
?O:GBAF<:R?=HOJHGHF?LJ:A:SBS?GHL<HA>?CKL<B9<H>UDHJIMKHFKMIEHLG?GB9FB
1:AEBQGU?<G?RGB?<EB9GB9D:DG:IJBF?JIHLOEHJBJH<:GG:9BEBKHE?G:9<H>:DHK
F?LBQ?KDB?KJ?>KL<:>MOBBEBIUEVFH=MLMIEHLG?GB9IH<J?>BLV0HWLHFMMIEHLG?GB9
>HE@GUJ?=ME9JGHH;F?GB<:LVK90JBBGL?GKB<GHFBKIHEVAH<:GBB<<H>?J?DHF?G>M?F
DHGLJHEVGUCK?J<BKIJHOH>BLV?@?=H>GH 6:KU DHLHJU? <KLMI:XL<DHGL:DLK <H
>HC
E
BRVBGH=>:>HE@GUIJH<?J9LVK9D:@>U?><:=H>:-UJ?DHF?G>M?F<:FIHWLHFMIJH
<?J9LV <H>HG?IJHGBP:?FHKLV <:RBO Q:KH< H>BG J:A < =H> < K?J<BKGHF P?GLJ? NBJFU
BEBMHNBPB:EVGH=HIJH>:<P:F:JDB7LHLL?KL>EBLK9<K?=HEBRV
G?KDHEVDHFBGML
-0- $,,-019
1/$()',#')1-//$&$/!
6:KH<HC F?O:GBAF BF??L MD:A:L?EV DH=>: KE?>M?L IHF?G9LV ;:L:J?CDM )KEB
PBNJH<HC >BKIE?C IHKLH9GGH F
B=:?L WLH AG:QBL QLH KE?>M?L IHF?G9LV ;:L:J?CDM
%:L:J?CDM KE?>M?L IHF?G9LV < ;EB@:CRB? >GB M :<LHJBABJH<:GGH=H IJH>:<P: Q:KH<
/>GH<J?F?GGHKE?>M?LIJH<?KLBIJH<?JDM<H>HG?IJHGBP:?FHKLBQ:KH<
/$)-+$,#4''
1:AJ9>B<RB?K9;:L:J?CDBB>JM=B?BKIHEVAH<:GGU?DHFIHG?G
LUKE?>M?LEBD<B>BJH<:LVKH=E:KGHIJ?>IBK:GB9FEMQR?<K?=H
IHKJ?>KL<HF<:R?=HIJH>:<P:+FG?F?KLH<FMKHJGHF9SBD?
3:D <U <GHKBL? K<HC KMS?KL<?GGUC <DE:> < >?EH HOJ:GU B
A:SBLUHDJM@:XS?CKJ?>UBKJ?>UH;BL:GB9Q?EH<?D: