8IVQW ERH 'SRHMXMSRW %KVIIQIRX
6IEH ERH YRHIVWXERH XLMW GEXEPSK
4PIEWI VIEH ERH YRHIVWXERH XLMW GEXEPSK FIJSVI TYVGLEWMRK XLI TVSHYGXW 4PIEWI GSRWYPX ]SYV 31632 VITVIWIRXEXMZI MJ ]SY
LEZI ER] UYIWXMSRW SV GSQQIRXW
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HMWGPEMQWEPPSXLIV[EVVERXMIWI\TVIWWSVMQTPMIH
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463(9'87;-0079-8%&0=1))88,)6)59-6)1)2873*8,)-6-28)2()(97)
3QVSR JYVXLIV HMWGPEMQW EPP [EVVERXMIW ERH VIWTSRWMFMPMX] SJ ER] X]TI JSV GPEMQW SV I\TIRWIW FEWIH SR MRJVMRKIQIRX F] XLI
4VSHYGXW SV SXLIV[MWI SJ ER] MRXIPPIGXYEP TVSTIVX] VMKLX G &Y]IV 6I
VITPEGIQIRXXLIVISJXLIRSRGSQTP]MRK4VSHYGXMMVITEMVXLIRSRGSQTP]MRK4VSHYGXSVMMMVITE]SVGVIHMX&Y]IVEREQSYRX
IUYEPXSXLITYVGLEWITVMGISJXLIRSRGSQTP]MRK4VSHYGXTVSZMHIHXLEXMRRSIZIRXWLEPP3QVSRFIVIWTSRWMFPIJSV[EVVERX]
VITEMVMRHIQRMX]SVER]SXLIVGPEMQWSVI\TIRWIWVIKEVHMRKXLI4VSHYGXWYRPIWW3QVSR
[IVI TVSTIVP] LERHPIH WXSVIH MRWXEPPIH ERH QEMRXEMRIH ERH RSX WYFNIGX XS GSRXEQMREXMSR EFYWI QMWYWI SV MRETTVSTVMEXI
QSHMJMGEXMSR6IXYVRSJER]4VSHYGXWF]&Y]IVQYWXFIETTVSZIHMR[VMXMRKF]3QVSRFIJSVIWLMTQIRX3QVSR'SQTERMIWWLEPP
RSX FI PMEFPI JSV XLI WYMXEFMPMX] SV YRWYMXEFMPMX] SV XLI VIWYPXW JVSQ XLI YWI SJ 4VSHYGXW MR GSQFMREXMSR [MXL ER] IPIGXVMGEP SV
IPIGXVSRMG GSQTSRIRXW GMVGYMXW W]WXIQ EWWIQFPMIW SV ER] SXLIV QEXIVMEPW SV WYFWXERGIW SV IRZMVSRQIRXW %R] EHZMGI
VIGSQQIRHEXMSRWSVMRJSVQEXMSRKMZIRSVEPP]SVMR[VMXMRKEVIRSXXSFIGSRWXVYIHEWEREQIRHQIRXSVEHHMXMSRXSXLIEFSZI
[EVVERX]
7IILXXT[[[SQVSRGSQKPSFEP
SVGSRXEGX]SYV3QVSRVITVIWIRXEXMZIJSVTYFPMWLIHMRJSVQEXMSR
0MQMXEXMSRSR0MEFMPMX])XG
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7YMXEFMPMX]SJ9WI
3QVSR 'SQTERMIW WLEPP RSX FI VIWTSRWMFPI JSV GSRJSVQMX] [MXL ER] WXERHEVHW GSHIW SV VIKYPEXMSRW [LMGL ETTP] XS XLI
XLMVHTEVX]GIVXMJMGEXMSRHSGYQIRXWMHIRXMJ]MRKVEXMRKWERHPMQMXEXMSRWSJYWI[LMGLETTP]XSXLI4VSHYGX8LMWMRJSVQEXMSRF]MXWIPJ
MWRSXWYJJMGMIRXJSV E GSQTPIXI HIXIVQMREXMSRSJXLI WYMXEFMPMX] SJ XLI 4VSHYGX MR GSQFMREXMSR [MXL XLI IRH TVSHYGX QEGLMRI
W]WXIQSVSXLIVETTPMGEXMSRSVYWI&Y]IVWLEPPFIWSPIP]VIWTSRWMFPIJSVHIXIVQMRMRKETTVSTVMEXIRIWWSJXLITEVXMGYPEV4VSHYGX
2):)697)8,)463(9'8*36%2%440-'%8-32-2:30:-2+7)6-3976-7/830-*)364634)68=36-20%6+)
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4VSKVEQQEFPI4VSHYGXW
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4IVJSVQERGI(EXE
(EXETVIWIRXIHMR3QVSR'SQTER][IFWMXIWGEXEPSKWERHSXLIVQEXIVMEPWMWTVSZMHIHEWEKYMHIJSVXLIYWIVMRHIXIVQMRMRK
MXXSEGXYEPETTPMGEXMSRVIUYMVIQIRXW%GXYEPTIVJSVQERGIMWWYFNIGXXSXLI3Q
'LERKIMR7TIGMJMGEXMSRW
4VSHYGX WTIGMJMGEXMSRW ERH EGGIWWSVMIW QE] FI GLERKIH EX ER] XMQI FEWIH SR MQTVSZIQIRXW ERH SXLIV VIEWSRW -X MW SYV
TVEGXMGIXSGLERKITEVXRYQFIVW[LIRTYFPMWLIHVEXMRKWSVJIEXYVIWEVIGLERKIHSV[LIRWMKRMJMGERXGSRWXVYGXMSRGLERKIWEVI
QEHI,S[IZIVWSQIWTIGMJMGEXMSRWSJXLI4VSHYGXQE]FIGLERKIH[MXLSYXER]RSXMGI;LIRMRHSYFXWTIGMEPTEVXRYQFIVW
QE]FIEWWMKRIHXSJM\SVIWXEFPMWLOI]WTIGMJMGEXMSRWJSV]SYVETTPMGEXMSR
ER]XMQIXSGSRJMVQEGXYEPWTIGMJMGEXMSRWSJTYVGLEWIH4VSHYGX
)VVSVWERH3QMWWMSRW
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EWWYQIHJSVGPIVMGEPX]TSKVETLMGEPSVTVSSJVIEHMRKIVVSVWSVSQMWWMSRW
G'ST]VMKLX31632'SVTSVEXMSR%PP6MKLX6IWIVZIH
