B+)+%2+(+1'3'()%
(+,P!3I$'P!?#$Q5$,'M!F!C0$!3,1(!81%%!-$&1+)1#'%%9!#0$#6!(+!5'6$!.3&$!(0$!8',!Q1,($&,$(R!
%1,6! 1.! +-$&'(1+,'%g! (01.! #+,7123&$.! 0+8! 7&$_3$,(! (0+.$! #0$#6.! +##3&;! B(! )+$.! (01.! 49!
#0$#61,2! 17! ',9! (&'771#! 0'.! #+5$! 1,4+3,)! 7&+5! (0$! Z"L! .1,#$! (0$! %'.(! #0$#6g! ',)! 17! 1(!
0'.,h(A!1(!-1,2.!'!.$&/$&!+,!(0$!8',!Q#+,7123&$)!49!#72;-,2R;!Z1,6!#0$#6!7&$_3$,#9!Q%#7R!1.!
&$-&$.$,($)!'.!LP!80$&$!L!1.!'!,35$&1#'%!/'%3$!',)!P!1.!(0$!(15$!4'.$;!LP!5$',.!+,#$!
$/$&9!L!P;!G+&!1,.(',#$A!h^5h!5$',.!(0$!-1,2!($.(!81%%!&3,!+,#$!$/$&9!^!51,3($.;!P!#',!
4$A!5!0A!+&!)!7+&!51,3($.A!0+3&.A!)'9.;!L!0'.!(+!5'6$!.$,.$!Q>Fde!7+&!51,3($.A!>F=^!7+&!
0+3&.R;!N$(!(+!>!(+!)1.'4%$;!!S$7'3%(a!^5!
!
(+,P! L+=$)5/! F! C0$!3,1(!81%%!-$&1+)1#'%%9!-1,2!'!.$&/$&!+,!(0$!8',!Q1,($&,$(R!(+!$,.3&$!
(0$!%1,6!1.!+-$&'(1+,'%g!(01.!#+,7123&$.!0+8!%+,2!1,!.$#+,).!7'1%$)!-1,2.!#',!+##3&!4$7+&$!
(0$!%1,6!1.!#+,.1)$&$)!)$');!!S$7'3%(a!e>>!
!
L#&%%+'! U'')5,/+,*! 8,&K>$! F! [,'4%$.!(&'#61,2!(0$! ,354$&!+7! 49($.!.$,(!+/$&!$'#0!%1,6A!
'%.+!.$-'&'(1,2!+3(!.9.%+2A!0((-A!',)!+(0$&!(9-$.!+7!(&'771#;!!S$7'3%(a!)1.'4%$)!
!C)+),D%E>%
C0$!N('(1#!BO!.$#(1+,!'%%+8.!9+3!(+!)$71,$!'!.$#3&$!BON$#!(3,,$%!4$(8$$,!(0$!)$/1#$!',)!
'!&$5+($!.$&/$&;!!W+3&!&$5+($!.$&/$&!')51,1.(&'(+&!81%%!.3--%9!(0$!1,7+&5'(1+,!,$$)$)!
(+!71%%!+3(!(01.!.$#(1+,;!
BF&>%@A),/(<%
;V3"! ($&2$! O&W! ! F! .-$#179! (0$! 5'D1535! )3&'(1+,! 7+&! (0$! SK*O! %$'.$;! C0$! )$7'3%(!
4$0'/1+&! 1.! (+! 0+,+&! (0'(! &$_3$.(;! C01.! .$(.! (0$! 5'D1535! '%%+8$)! %$'.$!(15$A! 1,!
51,3($.;!B7!(0$!.$((1,2!1.!?>!',)!(0$!#%1$,(!&$_3$.(.!'!%$'.$!+7!=^!0+3&.A!(0$!SK*O!.$&/$&!
81%%!21/$!'!%$'.$!+7!?>!51,3($.;!!
!
;V3"!($&2$!O+,5/$2!H!$,($&!(0$!5'D1535!,354$&!+7!51,3($.!(0'(!9+3!81.0!(0$!SK*O!
%$'.$!(+!%'.(;!!C01.!/'%3$!1.!3.3'%%9!?^^>!Q=^!0+3&.R;!
!
;V3"!J&,*$!8,1!H!N-$#179!(0$!$,)1,2!BO!'))&$..!(+!4$!21/$,!'!#%1$,(;!
!
;V3"!-$/.)#P!H!C0$!3,1(!81%%!.$,)!(01.!'.!(0$!,$(8+&6!'))&$..!1,!'!SK*O!(&',.'#(1+,;!B(!
'%.+!3.$.!(01.!(+!.$(3-!&+3(1,2!(+!(0$!#%1$,(!4+D$.;!!S$7'3%(a!-'..$)!(0&+320!7&+5!#'&&1$&A!
4'.$)!+,!(0$!21/$,!BO!81(0!U=^!-&$71D!