Clarion CMS5 User manual

#-3
/7.%2g3-!.5!,%.',)3(
MARINE BLACK BOX SOURCE UNIT WITH J1939

'PINKUJ 'PINKUJ
1YPGTŏU/CPWCN 1YPGTŏU/CPWCN
 %/5 %/5
 ('#674'5
 24'%#76+105
 %#76+10510*#0&.+0)
 5KTKWU:/4GCF[Š5KTKWU:/ %QPPGE  6WPGT CPF 5WDUETKR KQP UQNF UGRCTC GN[
$NWG QQ J*(2#&2CR :#84%22$#2552522
 2CPFQTC
 75$ K2QF§K2JQPG§#WFKQCPF8KFGQ%QORC KDNG%%#4GSWKTGFHQTK2QF8KFGQ
<QPG+PFGRGPFGP <QPG5QWTEG%QP TQN
 58%5QWTEG8QNWOG%QP TQN+PFGRGPFGP 8QNWOG%QP TQNHQTGCEJUQWTEG
 6YQ#WFKQ8KFGQ4%#+PRW U
 8KFGQ1W RW 
 &GFKEC GF4GCT%COGTC4%#+PRW 
 )NQDCN(/6WPGTYK J4&5
 (CXQTK GU
 9GC JGT$CPF4CFKQ
 9C GT4GUKU CP %JCUUKUCPF&KURNC[%QP TQNNGT
 #75$2QT 
 1'/5 GGTKPI9JGGN+P GTHCEG4GCF[
 %NCTKQP9KTGF4GOQ G4GCF[/9/9/9
9Z$WKNV+P/15('6#ORNKHKGT
 6JKUWPK JCURTGEKUKQPRCT UKPUKFG'XGPKP JGGXGP  JC  TQWDNGCTKUGUPGXGTQRGP JGECUG
FKUCUUGODNG JGWPK QTNWDTKEC GCP[RCT U
 6JKUGSWKROGP JCUDGGP GU GFCPFHQWPF QEQORN[YK J JGNKOK UHQTC%NCUU$FKIK CNFGXKEG
RWTUWCP  Q2CT QH JG(%%4WNGU6JGUGNKOK UCTGFGUKIPGF QRTQXKFGTGCUQPCDNGRTQ GE KQP
CICKPU JCTOHWNKP GTHGTGPEGKPCTGUKFGP KCNKPU CNNC KQP6JKUGSWKROGP IGPGTC GUWUGFCPFECP
TCFKC GTCFKQHTGSWGPE[GPGTI[CPFKHPQ KPU CNNGFCPFWUGFKPCEEQTFCPEGYK J JGKPU TWE KQPU
OC[ECWUGJCTOHWNKP GTHGTGPEG QTCFKQEQOOWPKEC KQPU*QYGXGT JGTGKUPQIWCTCP GG
JC KP GTHGTGPEGYKNNPQ QEEWTKPCRCT KEWNCTKPU CNNC KQP+H JKUGSWKROGP FQGUECWUGJCTOHWN
KP GTHGTGPEG QTCFKQQT GNGXKUKQPTGEGR KQPYJKEJECPDGFG GTOKPGFD[ WTPKPI JGGSWKROGP QHH
CPFQP JGWUGTKUGPEQWTCIGF QEQPUWN  JGFGCNGTQTCPGZRGTKGPEGFTCFKQ68 GEJPKEKCPHQTJGNR
 2TQ GE RTQFWE HTQOYC GT&QPQ UWDOGTIGQTGZRQUG JGRTQFWE FKTGE N[ QYC GTCU JKUECPECWUG
GNGEVTKECNUJQTVUſTGQTQVJGTFCOCIGU
 2TQ GE HTQOJKIJ GORGTC WTG'ZRQUWTG QFKTGE UWPNKIJ HQTCPGZ GPFGFRGTKQFQH KOGECPRTQFWEG
XGT[JKIJ GORGTC WTGKP[QWTXGUUGN%QQNFQYP JGKP GTKQTDGHQTGWUG
0QVG+HFGXKEGUUWEJCU/9QT/9CTGFKUEQPPGE GFYJGPCHWPE KQPKUTWPPKPIRNGCUGOCMGUWTG
JGGP KTGWPK UKUTGU CT GFCH GTEQPPGE KPI JGTGOQ GFGXKEGUHQTRTQRGTHWPE KQPQH JGU[U GO
,1)250$7,21)2586(56
%*#0)'514/1&+(+%#6+10561
6*+5241&7%6016#22418'&$;
6*'/#07(#%674'49+..81+&6*'
9#44#06;#0&/#;8+1.#6'(%%
4')7.#6+105
9#40+0)
 (QT[QWTUCHG [YJKNGDQC KPIMGGR JGXQNWOG QCNGXGNC YJKEJGZ GTPCNUQWPFUECPDGJGCTF
%.#4+10241&7%64')+564#6+10+0(14/#6+10
(QT75#CPF%CPCFCQPN[
ENCTKQPEQO
&GCT%WU QOGT
%QPITCVWNCVKQPUQP[QWTRWTEJCUGQHC%NCTKQP/CTKPG'NGEVTQPKE2TQFWEV9GCTG%QPſFGPVVJCV
[QWYKNNGPLQ[[QWT%NCTKQPGZRGTKGPEG
6JGTGCTGOCP[DGPGſVUVQTGIKUVGTKPI[QWTRTQFWEV9GKPXKVG[QWVQXKUKVQWTYGDUKVGCV
ENCTKQPEQO QTGIKU GT[QWT%NCTKQPRTQFWE 
9GJCXGOCFGRTQFWE TGIKU TC KQPUKORNGYK JQWTGCU[ QWUGYGDUK G6JGTGIKU TC KQPHQTO
KUUJQT CPFGCU[ QEQORNG G1PEG[QWCTGTGIKU GTGF9GECPMGGR[QWKPHQTOGFQHKORQT CP 
RTQFWE KPHQTOC KQP
4GIKU GTC  ENCTKQPEQO+ KUGCU[ QMGGR[QWT%NCTKQPRTQFWE WR QFC G
%QPVGPVU
 ('#674'5
 24'%#76+105
 %#76+10510*#0&.+0)
 &+52.#;%10641..'4$766105
#DQW  JGTGIKU GTGFOCTMUG E
0COGQH$W QPUCPF JGKT(WPE KQPU
 12'4#6+105
4CFKQ(/#/9GC JGT$CPF1RGTC KQP
5KTKWU:/5C GNNK G4CFKQ1RGTC KQP
K2QF#WFKQ1RGTC KQP
K2QF8KFGQ1RGTC KQP
K2QF#WFKQ$QQMU1RGTC KQP
75$CPF75$1RGTC KQP
2CPFQTC1RGTC KQP
5G KPIU
%/5+PHQTOC KQP
5[U GO4GUG 
%NQEM
&C G
$NWG QQ J
<QPG1RGTC KQP
#7:CPF#7:1RGTC KQP
%COGTC1RGTC KQP
$NWG QQ J#WFKQ1RGTC KQP
2JQPG1RGTC KQP
#WFKQ5G KPIU
&KURNC[5G KPIU
(CXQTK GU
7PFGTU CPFKPI JG)TCRJKECN7UGT+P GTHCEG)7+
 6417$.'5*116+0)
 52'%+(+%#6+105
 +056#..#6+10#0&9+4'%100'%6+105
1RWH6JGUETGGPUUJQYPKPVJGGZCORNGUOC[FKHHGTHTQOCEVWCNUETGGPU#EVWCNUETGGPUOC[DG
EJCPIGFYKVJQWVPQVKEGHQTRGTHQTOCPEGCPFHWPEVKQPKORTQXGOGPVU

'PINKUJ 'PINKUJ
1YPGTŏU/CPWCN 1YPGTŏU/CPWCN
 %/5 %/5
 &+52.#;%10641..'4$766105
8QNWOG-PQD
(WPEVKQPU
4Q C G8QNWOG-PQD#FLWU 8QNWOG.GXGN2NC[5ETGGPU
2TGUUKP4GNGCUG8QNWOG-PQD/W G7POW G2NC[5ETGGPU
4Q C G8QNWOG-PQD5ETQNN6JTQWIJ1R KQPU/GPWU
2TGUUKP4GNGCUG8QNWOG-PQD5GNGE 'P GT/GPW1R KQPU
1RVKQPU#TTQ
&QWDNGUKFGFCTTQYYKNNQPN[CRRGCTYJGPCFFK KQPCNQR KQPUCTGCXCKNCDNG
$ERXWWKHUHJLVWHUHGPDUNVHWF
ő/CFGHQTK2QFŒCPFő/CFGHQTK2JQPGŒOGCPUVJCVCPGNGEVTQPKECEEGUUQT[JCUDGGPFGUKIPGFVQEQPPGEVURGEKſECNN[VQK2QFCPF
K2JQPGTGURGEVKXGN[CPFJCUDGGPEGTVKſGFD[VJGFGXGNQRGTVQOGGV#RRNGRGTHQTOCPEGUVCPFCTFU#RRNGKUPQVTGURQPUKDNGHQTVJG
QRGTC KQPQH JKUFGXKEGQTK UEQORNKCPEGYK JUCHG [CPFTGIWNC QT[U CPFCTFU2NGCUGPQ G JC  JGWUGQH JKUCEEGUUQT[YK JK2QF
QTK2JQPGOC[CHHGE YKTGNGUURGTHQTOCPEG
K2QFCPFK2JQPGARE TCFGOCTMSQH#RRNG+PETGIKU GTGFKP JG75CPFQ JGTEQWP TKGU
6JG$NWG QQ J§YQTFOCTMCPFLQIQUCTGTGIKU GTGF TCFGOCTMUQYPGFD[ JG$NWG QQ J5+)+PECPFCP[WUGQHUWEJOCTM
D[%NCTKQP%QTRQTC KQPQH#OGTKECKUWPFGTNKEGPUG1 JGT TCFGOCTMUCPF TCFGPCOGUCTG JQUGQH JGKTTGURGE KXGQYPGTU
l%54RNECPFK UITQWREQORCPKGU
6JGCR :sOCTMCPF JGCR :NQIQCTG TCFGOCTMUQH%54RNEQTQPGQHK UITQWREQORCPKGUCPFOC[DGTGIKU GTGFKPQPGQT
OQTGLWTKUFKE KQPU
2CPFQTC JG2CPFQTCNQIQCPFQ JGT2CPFQTCOCTMUCTG TCFGOCTMUQTTGIKU GTGF TCFGOCTMUQH2CPFQTC/GFKC+PEQTK U
UWDUKFKCTKGUYQTNFYKFG
5KTKWU:/CPFCNNTGNC GFOCTMUCPFNQIQUCTGTGIKU GTGF TCFGOCTMUQH5KTKWU:/4CFKQ+PE#NN4KIJ UTGUGTXGF
1DPHR %XWWRQVDQGWKHLU)XQFWLRQV
1RWH
$GUWTGVQTGCFVJKUEJCRVGTYJKNGTGHGTTKPIVQVJGFKCITCOKPEJCRVGTő&+52.#;%10641..'4$766105Œ
=?2Q GT$WVVQP
 2TGUUCPFTGNGCUGDW QP Q WTP10
 2TGUUCPF*QNFHQT6JTGG5GEQPFU Q WTP1((
8QNWOG-PQD
 4Q C G8QNWOG-PQD%NQEMYKUG QKPETGCUG
8QNWOG
 4Q C G8QNWOG-PQD%QWP GT%NQEMYKUG Q
&GETGCUGXQNWOG
/WVG
 2TGUU+PCPF4GNGCUG8QNWOG-PQD Q/W G
7POW GCPF4Q C G JG8QNWOG-PQD Q
7P/W G JG#WFKQ
=54%?5QWTEG$WVVQP
 2TGUU54%DW QP QFKURNC[ JG/CKP/GPW
 7UG8QNWOG-PQD Q5ETQNN JTQWIJ5QWTEG
1R KQPU JGP2TGUU+PCPF4GNGCUG8QNWOG
-PQD Q5GNGE 5QWTEG
=/'07?/GPW$WVVQP
 2TGUU QUGNGE &KTGE EJCPPGNU2CTGP CN
%QP TQNU%JCPPGNU%C GIQTKGUCPF6CI
 4CFKQ(/#/9$.1&:4GIKQP5GNGE 
 5KTKWU:/%JCPPGNU&KTGE %C GIQTKGUG E
 K2QF8KFGQ2NC[NKU #T KU U5QPIU)GPTGG E
 $NWGVQQVJ2CKTGF&GXKEGU4GRGCV5JWHƀGGVE
 2JQPG2CKTGF&GXKEGU&KCN2CF%QP CE UG E
=#7&+1?#WFKQ$WVVQP
 2TGUU QCEEGUU#WFKQCFLWU OGP UG KPIU7UG
8QNWOG-PQD QCFLWU D[TQ C KPI%NQEMYKUG
QT%QWP GT%NQEMYKUG JGP2TGUUKPTGNGCUG
8QNWOG-PQD QUCXG#FLWU GFUG KPI
'3
#FLWU (TGSWGPE[HQTGCEJQH JG$CPFU
 $CNCPEG(CFGT
#FLWU UQWPFDCNCPEGHQT.GH CPF4KIJ 
#FLWU UQWPFHCFGTHQT(TQP CPF4GCT
 5WDYQQHGT
5WDYQQHGT8QNWOGHTQO Q
5WDYQQHGT(TGSWGPE[
6JTQWIJ
5WDYQQHGT2JCUG0QTOCNCPF4GXGTUG
=#7&+1?#WFKQ$WVVQP
 <QPG
#FLWU 8QNWOGNGXGNHQT<QPGCPF<QPG
 58%5QWTEG8QNWOG%QP TQN#FLWU XQNWOG
NGXGNHQTGCEJUQWTEGKPFGRGPFGP N[
4CFKQ
K2QF
2JQPG
5KTKWU:/
$NWG QQ J#WFKQ
75$
#7:
=&+52?&KURNC[$WVVQP
 2TGUU QCEEGUU&KURNC[CFLWU OGP UG KPIU
 %NQEM
10.CTIG%NQEMYKNNCRRGCTCH GTUGEQPFU
QHPQCE KQP
%JCPIG%NQEM(QP %QNQT9JK G;GNNQY4GF
CPF4GXGTUG
1((.CTIG%NQEMYKNNPQ CRRGCTCH GT
UGEQPFUQHPQCE KQP
&GHCWN 1((
 5 C WU$CT
%JCPIG5 C WU$CT QCRRGCTC 6QRQT$Q QO
QH5ETGGP
&GHCWN 6QR
 /QFG
%JCPIG&KURNC[RTGUG EQNQTUG KPIUHTQO
&C[/QFG$TKIJ GT%QNQTU
0KIJ /QFG&CTMGT%QNQTU
&GHCWN &C[/QFG
 $TKIJ PGUU
#FLWU FKURNC[DTKIJ PGUU
=(#8?(CXQTKVGU$WVVQP
 2TGUU QCEEGUUUCXGFU C KQPUEJCPPGNU
 5CXGWR QHCXQTK GU
5KTKWU:/
4CFKQ(/#/9GC JGT$CPF
2CPFQTC
2JQPG%QP CE
%QP CE UJCXGDGGPU[PEGF
;QWECPPQYUCXGEQP CE CUCHCXQTK G
5QWTEG
/CKP/GPW
2QYGT
101((
&KURNC[1R KQPU
#WFKQ5G KPIU
/GPW1R KQPU
(CXQTK GU
8QNWOG
1R KQP5ETQNN
'P GT5GNGE KQP
/W G7POW G
$CEM
2TGXKQWU5ETGGP
0GZ 5QPI
5GGM(QTYCTF
2NC[2CWUG
2TGXKQWU5QPI
5GGM$CEM

'PINKUJ 'PINKUJ
1YPGTŏU/CPWCN 1YPGTŏU/CPWCN
 %/5 %/5
1DPHR %XWWRQVDQGWKHLU)XQFWLRQV
1RWH
$GUWTGVQTGCFVJKUEJCRVGTYJKNGTGHGTTKPIVQVJGFKCITCOKPEJCRVGTő&+52.#;%10641..'4$766105Œ
%DVLF2SHUDWLRQV
%#76+10
9JGPVJGWPKVKUVWTPGF10CPFVJGXQNWOGJCUDGGPKPETGCUGFVQVJGOCZKOWONGXGN
/C[ECWUGFCOCIGVQ[QWTJGCTKPI2NGCUGDGC CTGCPFECWVKQWUQHVJGXQNWOGNGXGN
CVCNNVKOGU
7XUQLQJ21DQG2))WKH6\VWHP
1RWH
5VCTVVJGGPIKPGDGHQTGWUKPIVJKUWPKV
$GECTGHWNCDQWVWUKPIVJKUWPKVYKVJQWVVJGGPIKPGTWPPKPI HWUGFHQTNQPIRGTKQFUQHVKOGYKVJQWVVJG
GPIKPGTWPPKPIVQEJCTIGVJGDCVVGTKGU[QWOC[PQVDGCDNGVQUVCTVVJGGPIKPGCPFVJKUECPTGFWEGVJG
NKHGCPFRGTHQTOCPEGQHVJGDCVVGTKGU#9CTPKPIYKNNCRRGCTYJGPXQNVCIGKU8QTDGNQY
6HOHFWLQJD6RXUFH
 2TGUU JG=54%?DWVVQP QFKURNC[ JG/CKP/GPW5ETGGP
'Z GTPCNCFFQPCEEGUUQTKGUYKNNDGTGSWKTGFKPQTFGT QWUG JC UQWTEG
 5KTKWU:/TGSWKTGUC5KTKWU:/%QPPGE 6WPGTCPF5WDUETKR KQPUQNFUGRCTC GN[
 2CPFQTCTGSWKTGUCK2QFQTK2JQPGDGEQPPGE GF Q JG%/5
 %%#KUTGSWKTGFHQTK2QF8KFGQ2NC[DCEM
 1'/5 GGTKPI9JGGN+P GTHCEG/QFWNGKUTGSWKTGFHQT JGU GGTKPIYJGGNDW QPU QQRGTC G JG
%/5CWFKQHGC WTGU
 7UG JG8QNWOG-PQD QUETQNN JTQWIJ JGUQWTEGECTQWUGN
 2TGUUKPTGNGCUG JG8QNWOG-PQD QUGNGE  JGUQWTEGFKURNC[GFKP JGOKFFNGQH JGUQWTEG
%CTQWUGN
0QVG&KUEQPPGE KPICPK2QF75$2CPFQTC$NWG QQ JFGXKEGHTQO JG%/5YKNNFKURNC[CRQRWRUC[KPI
ő&GXKEG&KUEQPPGE GFŒ
$GMXVWLQJWKH8QNWOG
 4Q C G JG8QNWOG-PQD%NQEMYKUG QKPETGCUG JGXQNWOGNGXGN
 4Q C G JG8QNWOG-PQD%QWP GT%NQEMYKUG QFGETGCUG JGXQNWOGNGXGN
 2TGUUKPTGNGCUGQP8QNWOG-PQD Q/W G7POW G
%#76+10
 (QT[QWTUCHG [YJKNGDQC KPIMGGR JGXQNWOG QCNGXGNC YJKEJGZ GTPCNUQWPFUECPDGJGCTF
=W5''-?5GGM$CEM$WVVQP
 2TGUUTGNGCUGDW QP QIQDCEM QRTGXKQWUUQPI
 2TGUUCPF*QNFHQT6JTGG5GEQPFU QUECPDCEM JTQWIJUQPITGNGCUGCPFUQPIYKNNEQP KPWGRNC[KPI
=5''-X?5GGM(QT CTF$WVVQP
 2TGUUTGNGCUGDW QP QCFXCPEG QPGZ UQPI
 2TGUUCPF*QNFHQT6JTGG5GEQPFU QUECP JTQWIJUQPITGNGCUGCPFUQPIYKNNEQP KPWGRNC[KPI
= ?2NC[2CWUG$WVVQP
 2TGUU Q2#75'EWTTGP UQPI
 9JGP TCEMKU2#75'&RTGUUCICKP QEQP KPWGRNC[KPIEWTTGP UQPIK2QF$NWG QQ J#WFKQ75$
CPF2CPFQTC
= ?$CEM$WVVQP
 2TGUU QIQDCEM QRTGXKQWU/GPWQT5G KPIU5ETGGP
 2TGUU QDCEMYCTFUKPOWN KRNG/GPW5ETGGPU
 2TGUU QTG WTP QEWTTGP UQWTEGRNC[UETGGPHTQO/GPWQT5G KPIU5ETGGP
 2TGUU QTG WTP Q#E KXGRNC[UETGGPHTQO5QWEG5ETGGP
 12'4#6+105
10
5 CT  JGGPIKPG%/5YKNNCW QOC KECNN[ WTP10
 6JG$NWG.'& TKOCTQWPF JG8QNWOG-PQD
YKNNNKIJ WRCPF JG%/5&KURNC[%QP TQNNGT
 %NCTKQP5RNCUJ5ETGGP5GEQPFU
 8KGYKPI8KFGQ&KUENCKOGT5GEQPFU
 2TGUUCPF4GNGCUG JG2QYGT$W QP Q WTP
10QT1(( JGWPK 
1((
 2TGUUCPF*QNF JG2QYGT$W QPHQTUGE= ?
 6JG$NWG.'& TKOTKPICTQWPF JG8QNWOG-PQD
YKNN WTP1((
 5[U GOKP2QYGTKPI&QYP5ETGGP5GEQPFU
 %NCTKQP5RNCUJ5ETGGP5GEQPFU

'PINKUJ 'PINKUJ
1YPGTŏU/CPWCN 1YPGTŏU/CPWCN
 %/5 %/5
5DGLR)0$0:HDWKHU%DQG2SHUDWLRQ
=W5''-?5GGM$CEM$WVVQP
 2TGUUTGNGCUGDW QP Q WPGFQYPKPHTGSWGPE[U GRD[U GR
 2TGUUCPF*QNFHQT6JTGG5GEQPFU QUECPDCEM Q JGRTGXKQWUU TQPIGU U C KQPHTGSWGPE[
=5''-X?5GGM(QT CTF$WVVQP
2TGUUTGNGCUGDW QP Q WPGWRKP JGHTGSWGPE[U GRD[U GR
2TGUUCPF*QNFHQT6JTGG5GEQPFU QUECP Q JGPGZ U TQPIGU U C KQPHTGSWGPE[
=/'07?/GPW$WVVQP
 2TGUU QUGNGE (/#/9GC JGT$CPF.QECN.1QT&KU CPEG&:CPFTGIKQPUGNGE 
 7UG JGXQNWOGMPQD QUETQNN JTQWIJQR KQPU
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE QR KQPKP JGOKFFNGQH JGECTQWUGN
 #/#ORNK WFG/QFWNC KQP
 (/(TGSWGPE[/QFWNC KQP
 9GC JGT$CPF01##0C KQPCN1EGCPKECPF# OQURJGTKE#FOKPKU TC KQP
 .QECN.1
 &KU CPEG&:
 4GIKQP5GNGE
 2TGUU JG4GIKQPUGNGE QR KQP QUGNGE  JG4GIKQP
 0QYCRQRWRYKPFQYYKNNCRRGCTRTQXKFKPIQR KQPU
 1 JGT%QWP TKGU
75#
 'WTQRG
 #WU TCNKC
&GHCWN 75#
 7UG JGXQNWOGMPQD Q QIINGDG YGGPTGIKQPQR KQPU
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE [QWTEJQKEG
 2TGUU JG$#%-DW QP QTG WTP Q JGRTGXKQWUUETGGP
0QVG5KTKWU:/YKNNDGCXCKNCDNGKPUQWTEGUETGGPYJGP JG6WPGTTGIKQPKUUG  Q75#2CPFQTCYKNNDG
CXCKNCDNGYJGP4GIKQPKUUG  Q75##WU TCNKC'NUG JQUGQR KQPUYKNNDGITG[GFQW KP5QWTEGNKU 
= ?$CEM$WVVQP
 2TGUU QIQDCEM QRTGXKQWU5ETGGP
 2TGUU QDCEMYCTFUKPOWN KRNG/GPW5ETGGPU
 2TGUU QTG WTP QEWTTGP UQWTEGRNC[UETGGPHTQO/GPWQT5G KPIU5ETGGP
6LULXV;06DWHOOLWH5DGLR2SHUDWLRQ
1PN[5KTKWU:/sDTKPIU[QWOQTGQHYJC [QWNQXG QNKU GP QCNNKPQPGRNCEG)G QXGTEJCPPGNU
KPENWFKPIEQOOGTEKCNHTGGOWUKERNWU JGDGU URQT UPGYU CNMEQOGF[CPFGP GT CKPOGP 9GNEQOG
Q JGYQTNFQHUC GNNK GTCFKQ#5KTKWU:/8GJKENG6WPGTCPF5WDUETKR KQPCTGTGSWKTGF(QTOQTG
KPHQTOC KQPXKUK YYYUKTKWUZOEQO
#EVKXCVKPI[QWT5KTKWU:/5WDUETKRVKQP
#H GTKPU CNNKPI[QWT5KTKWU:/%QPPGE 6WPGTCPFCP GPPCRQYGTQP[QWT%NCTKQP%/5/CTKPG5QWTEG
7PK CPFUGNGE 5KTKWU:/OQFG;QWUJQWNFDGCDNG QJGCT JG5KTKWU:/RTGXKGYEJCPPGNQP%JCPPGN
+H[QWECPPQ JGCT JGRTGXKGYEJCPPGNURNGCUGEJGEM JGKPU CNNC KQPKPU TWE KQPU QOCMGUWTG[QWT
5KTKWU:/%QPPGE  WPGTKURTQRGTN[KPU CNNGF
#HVGT[QWECPJGCTVJG2TGXKGYEJCPPGNVWPGVQ%JCPPGNVQſPFVJG4CFKQ+&QH[QWTVWPGT+PCFFKVKQP
JG4CFKQ+&KUNQEC GFQP JGDQ QOQH JG5KTKWU:/%QPPGE 6WPGTCPFK UŏRCEMCIKPI;QWYKNNPGGF
JKUPWODGT QCE KXC G[QWTUWDUETKR KQP9TK G JGPWODGTFQYPHQTTGHGTGPEG
0Q G JG5KTKWU:/4CFKQ+&FQGUPQ KPENWFG JGNG GTU+15QT(
+P JG75#[QWECPCE KXC GQPNKPGQTD[ECNNKPI5KTKWU:/.KU GPGTECTG
Ŗ 8KUK YYYUKTKWUZOEQOCE KXC GPQY
Ŗ %CNN5KTKWU:/.KU GPGT%CTGC 
(QT%CPCFKCP5WDUETKR KQPURNGCUGEQP CE 
Ŗ 8KUK YYYUKTKWUZOECCE KXC GZO
Ŗ %CNN:/EWU QOGT%CTGC 
#URCT QH JGCE KXC KQPRTQEGUU JG5KTKWU:/UC GNNK GUYKNNUGPFCPCE KXC KQPOGUUCIG Q[QWT WPGT
9JGP[QWTTCFKQFG GE U JC  JG WPGTJCUTGEGKXGF JGCE KXC KQPOGUUCIG[QWTTCFKQYKNNFKURNC[
ő5WDUETKR KQP7RFC GF Œ1PEGUWDUETKDGF[QWECP WPG QEJCPPGNUKP[QWTUWDUETKR KQPRNCP0Q G
JGCE KXC KQPRTQEGUUWUWCNN[ CMGU QOKPW GUDW OC[ CMGWR QCPJQWT;QWTWPK YKNNPGGF Q
DGRQYGTGFQPCPFTGEGKXKPI JG5KTKWU:/UKIPCN QTGEGKXG JGCE KXC KQPOGUUCIG

'PINKUJ 'PINKUJ
1YPGTŏU/CPWCN 1YPGTŏU/CPWCN
 %/5 %/5
6LULXV;06DWHOOLWH5DGLR2SHUDWLRQ
=W5''-?5GGM$CEM$WVVQP
 2TGUUCPFTGNGCUGDW QP Q WPG Q JGRTGXKQWUEJCPPGN
=5''-X?5GGM(QT CTF$WVVQP
 2TGUUCPFTGNGCUGDW QP Q WPG Q JGPGZ EJCPPGN
0QVG6JKUFGXKEGFQGUPQ UWRRQT EJCPPGNDTQYUKPIQTTCRKFEJCPPGNDTQYUKPI
=/'07?/GPW$WVVQP
 2TGUU QUGNGE &KTGE %JCPPGN2CTGP CN%QP TQNU%JCPPGNU%C GIQTKGUCPF6CI
 7UG JGXQNWOGMPQD QUETQNN JTQWIJQR KQPU
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE QR KQPKP JGOKFFNGQH JGECTQWUGN
 &KTGE 6WPGFKTGE N[ QEJCPPGND[GP GTKPIEJCPPGNPWODGT
 2CTGP CN%QP TQNU.QEM/C WTG%QP GP %JCPPGNU/CPCIG2CUUYQTF
 %JCPPGNU5GCTEJD[U C KQPU
 %C GIQTKGU5GCEJD[OWUKE [RG
 6CI6CIUQPI QK2QFK2JQPG QRWTEJCUGHTQOK6WPGUYJGPFGXKEGKUEQPPGE GF QK6WPGU
 5G KPIU
0QVG%/5YKNNPQ U QTGFWRNKEC G6CIUQH5QPI6K NGU#T KU UQT#NDWOU
= ?$CEM$WVVQP
 2TGUU QIQDCEM QRTGXKQWU/GPWQT5G KPIU5ETGGP
 2TGUU QDCEMYCTFUKPOWN KRNG/GPW5ETGGPU
 2TGUU QTG WTP QEWTTGP UQWTEGRNC[UETGGPHTQO/GPWQT5G KPIU5ETGGP
0QVG6QRGTHQTO7UGT(CE QT[4GUG TGHGT Q5[U GO4GUG 5GE KQPQP2CIG
6LULXV;06DWHOOLWH5DGLR2SHUDWLRQ
&KTGEV%JCPPGN6WPKPI
 (TQO JG5KTKWU:/2NC[5ETGGP2TGUU JG/'07$WVVQP
 7UG JGXQNWOGMPQD QUETQNN JTQWIJQR KQPUWP KN JG&KTGE +EQPKUKP JGOKFFNGQH JGECTQWUGN
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE &KTGE 
 0QYCRQRWRYKPFQYYKNNCRRGCTYK JCPWODGTUHQT[QW QGP GT QFKTGE N[ WPG QC5KTKWU:/
%JCPPGN
 7UG JGXQNWOGMPQD QUETQNN JTQWIJ JGPWODGTUWP KN JGJCNQKUCTQWPF JGPWODGT[QWYCP  Q
UGNGE 
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE  JC PWODGT
 +H JGEJCPPGN[QWYQWNFNKMG Q WPG QKUCUKPINGFKIK PWODGT JGP[QWECPRTQEGGF Q JGDQ QO
QH JGRQRWRYKPFQYCPFUGNGE &10'+H[QWYQWNFNKMG Q WPG QC YQQT JTGGFKIK EJCPPGN JGP
RTQEGGFD[UGNGE KPI JGCFFK KQPCNPWODGTUPGGFGF
 1PEGCNN JGEJCPPGNPWODGTUCTGFKURNC[GFKP JGYKPFQYUETQNNFQYP Q JGDQ QOQH JGRQRWR
YKPFQYCPFUGNGE &10'
 0QY[QWYKNNTG WTP Q JG5KTKWU:/2NC[5ETGGPCPF WPGF Q JGEJCPPGNGP GTGF
6CIIKPI
 (TQO JG5KTKWU:/2NC[5ETGGP2TGUU JG/'07$WVVQP
 7UG JGXQNWOGMPQD QUETQNN JTQWIJQR KQPUWP KN JG6CI+EQPKUKP JGOKFFNGQH JGECTQWUGN
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE 6#)
 0QYCRQRWRYKPFQYYKNNCRRGCTYK JCPQR KQP Q6#)QTECPEGN
 5GNGE ő;'5Œ QU QTG6#)
0QVG+H6#)CPFQT5'66+0)5UGNGE KQPUCTGPQ CXCNKDNG JGUGQR KQPUYKNNTGOCKPITC[KP JGOGPW

'PINKUJ 'PINKUJ
1YPGTŏU/CPWCN 1YPGTŏU/CPWCN
 %/5 %/5
6LULXV;06DWHOOLWH5DGLR2SHUDWLRQ
%JCPPGN.KUV6WPKPI
 (TQO JG5KTKWU:/2NC[5ETGGP2TGUU JG/'07$WVVQP
 7UG JGXQNWOGMPQD QUETQNN JTQWIJQR KQPUWP KN JG%JCPPGNU+EQPKUKP JGOKFFNGQH JGECTQWUGN
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE %JCPPGNU
 6JGNKU QH5KTKWU:/%JCPPGNUYKNNPQYCRRGCT
 ;QWECPWUG JGXQNWOGMPQD QUETQNNWRQTFQYP JGNKU QH5KTKWU:/%JCPPGNU
 1PEG JG%JCPPGN[QWYQWNFNKMG QNKU GP QKUKP JGEGP GTOKFFNGQH JGUETGGP
 2TGUUKPTGNGCUG JGXQNWOGMPQD Q WPG Q JC %JCPPGN
 +H[QWUGNGE C%JCPPGNYK JCő.QEMŒ JKU%JCPPGNECPPQ DGUGNGE GFWP KN JGEQTTGE RCUUYQTFKU
GP GTGF
0QVG%JCPPGN.KUV6WPKPIYKNNCW QGZK KHNGH WPKP GTTWR GFHQTOQTG JCPUGEQPFU
 5GG2CTGP CN%QP TQNUHQTKPU TWE KQPU Q5G C2CUUYQTF%JCPIG2CUUYQTFQT Q.QEM7PNQEM%JCPPGNU
(KPFC%JCPPGND[%CVGIQT[
 (TQO JG5KTKWU:/2NC[5ETGGP2TGUU JG/'07$WVVQP
 7UG JGXQNWOGMPQD QUETQNN JTQWIJQR KQPUWP KN JG%C GIQTKGU+EQPKUKP JGOKFFNGQH JGECTQWUGN
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE %C GIQTKGU
 6JGNKU QH5KTKWU:/%C GIQTKGUYKNNPQYCRRGCT
 ;QWECPWUG JGXQNWOGMPQD QUETQNNWRQTFQYP JGNKU QH5KTKWU:/%C GIQTKGU
 1PEG JG%C GIQT[[QWYQWNFNKMGKUKP JGEGP GTOKFFNGQH JGUETGGP
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE  Q JC %C GIQT[
 %/5&%UJCNNFKURNC[5KTKWU://GPW1R KQPUQPC5KPINGRTGUUQH JG$#%-$WVVQPYJGPK KUFKURNC[KPI
EC GIQT[NKU 
 1PEGC%C GIQT[KUUGNGE GFNKU QHEJCPPGNUHTQO JGUGNGE GF%C GIQT[YKNNCRRGCTYK J JGEQTTGURQPFKPI
%C GIQT[0COGKP JGU C WUDCTQH JG&%$TQYUG JTQWIJ JGNKU EJCPPGNUCPFUGNGE CEJCPPGN QRNC[
6JGPKUU CT URNC[KPI JGUGNGE GFEJCPPGN
 2TGUU JG$#%-$WVVQP QTG WTP Q JG5KTKWU:/OGPWUETGGPCPFUGNGE %C GIQTKGUKEQPNKU  QTG WTP Q
%C GIQT[NKU CPFEJCPPGNUGNGE KQPU
0QVG(KPFC%JCPPGND[%CVGIQT[YKNNCW QGZK KHNGH WPKP GTTWR GFHQTOQTG JCPUGEQPFU
0QVGő#NN%JCPPGNUŒ%C GIQT[YKNNDGNKU GFKP JG%C GIQTKGUNKU CPFKH JC %C GIQT[KUUGNGE GFD[RTGUUKPI
JGXQNWOGMPQD#NNCXCNKDNGEJCPPGNUYKNNDGNKU GFCPFő#NN%JPNUŒYKNNDGFKURNC[GFKP JGU C WUDCTQH&%
6LULXV;06DWHOOLWH5DGLR2SHUDWLRQ
%JCPPGNCPF%CVGIQT[5QTVD[#$%QT
 (TQO JG5KTKWU:/2NC[5ETGGP2TGUU JG/'07$WVVQP
 7UG JGXQNWOGMPQD QUETQNN JTQWIJQR KQPUWP KN JG%JCPPGNU%C GIQTKGU+EQPKUKP JGOKFFNGQH
JGECTQWUGN
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE %JCPPGNU%C GIQTKGU
 6JGNKU QH5KTKWU:/%JCPPGNU%C GIQTKGUYKNNPQYCRRGCT
 2TGUU JG/'07$W QP
 0QYCRQRWRYKPFQYYKNNCRRGCTYK J YQQR KQPU QEJQQUGHTQOő#$%ŒQTőŒ
 ő#$%ŒKUUQT GFD[#NRJCDG 
 őŒKUUQT GFD[0WODGT
 7UG JGXQNWOGMPQD Q QIINGDG YGGP JG YQQR KQPUD[OQXKPI JGJCNQCTQWPF JG#$%KEQP
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE ő#$%Œ
 0QYCRQRWRYKPFQYYKNNCRRGCTYK J.G GTUKPKEQPU
 7UG JGXQNWOGMPQD QUETQNN JTQWIJ JG.G GTUWP KN JG.G GT[QWYCP KUKP JGOKFFNGQH JG
ECTQWUGN
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE  JC .G GT
 ;QWYKNNPQYUGGCNKU QH%JCPPGNU%C GIQT[CRRGCTDCUGFQP[QWTNG GTQTPWODGTUGNGE KQP
$TQYUG JTQWIJ JGNKU QHEJCPPGNUEC GIQT[CPFUGNGE CEJCPPGN6JGPK U CT URNC[KPI JGEJCPPGN
+H JGTGKUPQOC EJHQWPFHQT JGUGNGE GFCNRJCDG PWODGT JGPRQRWRUC[KPI JGUCOGYKNNDG
FKURNC[GF
 7UG JGXQNWOGMPQD QUETQNN JTQWIJ JGNKU QH%JCPPGNU
 9JGP JG%JCPPGN[QWYQWNFNKMG Q WPG QKUKP JGOKFFNGQH JGUETGGP
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE  JC EJCPPGN
 0QY[QWYKNNTG WTP Q JG5KTKWU:/2NC[5ETGGPCPF WPGF Q JGEJCPPGNGP GTGF
0QVG+PCNNUGCTEJQR KQPHQTCNNUQWTEGQR KQP5GCTEJKPIKUTGU TKE GF QU CT KPI#NRJCDG 0WODGT
QPN[

'PINKUJ 'PINKUJ
1YPGTŏU/CPWCN 1YPGTŏU/CPWCN
 %/5 %/5
6LULXV;06DWHOOLWH5DGLR2SHUDWLRQ
2CTGPVCN%QPVTQNU
 (TQO JG5KTKWU:/2NC[5ETGGP2TGUU JG/'07$WVVQP
 7UG JGXQNWOGMPQD QUETQNN JTQWIJQR KQPUWP KN JG2CTGP CN%QP TQNU+EQPKUKP JGOKFFNGQH JG
ECTQWUGN
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE 2CTGP CN%QP TQNU
 0QYCRQRWRYKPFQYYKNNCRRGCTYK J YQQR KQPU QEJQQUGHTQOő.QEM/C WTG%QP GP %JCPPGNUŒQT
ő/CPCIG2CUUYQTFŒ
 ő.QEM/C WTG%QP GP %JCPPGNUŒNQEMU JGCDKNK [ Q WPG Q JGő/C WTG%QP GP Œ%JCPPGNU
 ő/CPCIG2CUUYQTFŒ2TQXKFGU JGCDKNK [ Q5G C2CUUYQTFQT Q%JCPIG JG2CUUYQTF QNQEM JG
/C WTG%QP GP %JCPPGNU
 6JGFGHCWN RCUUEQFGUG HQT JG2CTGP CNNQEMKU6JKUECPDGEJCPIGFYK J JGJGNRQH/CPCIG
2CUUYQTF
.QEM/CVWTG%QPVGPV%JCPPGNU
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE ő.QEM/C WTG%QP GP %JCPPGNUŒ
 #RQRWRYKPFQYYKNNPQYCRRGCTCUMKPI[QWKH[QWYCP  Q WTP.QEM JG/C WTG%QP GP %JCPPGNU
HGC WTGő10ŒQTő1((Œ
 5GNGE ő10ŒD[RTGUUKPIKPQP JGXQNWOGMPQD Q WTP JKUHGC WTGő10Œ
 0QY[QWYKNNDGCUMGF QGP GTKPCFKIK .QEM%QFG Q.QEM JG/C WTG%QP GP %JCPPGNU
 7UKPI JGXQNWOGMPQDUETQNN JTQWIJ JGPWODGTUCPF2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE C
FKIK .QEM%QFG
9TK GFQYP JGFKIK .QEM%QFGHQTHW WTGTGHGTGPEG
 0QY JG5KTKWU://C WTG%QP GP %JCPPGNUCTGNQEMGFCPFECPPQ DGNKU GPGF Q
7PNQEM/CVWTG%QPVGPV%JCPPGNU
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE ő.QEM/C WTG%QP GP %JCPPGNUŒ
 #RQRWRYKPFQYYKNNPQYCRRGCTCUMKPI[QWKH[QWYCP  Q WTP.QEM JG/C WTG%QP GP %JCPPGNU
HGC WTGő10ŒQTő1((Œ
 5GNGE ő1((ŒD[RTGUUKPIKPQP JGXQNWOGMPQD Q WTP JKUHGC WTGő1((Œ
 0QY[QWYKNNDGCUMGF QGP GTKPCFKIK .QEM%QFG Q7PNQEM JG/C WTG%QP GP %JCPPGNU
 7UKPI JGXQNWOGMPQDUETQNN JTQWIJ JGPWODGTUCPF2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE
[QWTFKIK %QFG7UG JGFGHCWN RCUUEQFGWPNGUUK KUEJCPIGFWUKPI/CPCIGRCUUEQFG+H JGFGHCWN
RCUUEQFGKUEJCPIGFWUKPI/CPCIGRCUUEQFG JGPGP GT JGPGYEJCPIGFRCUUEQFG
 0QY JG5KTKWU://C WTG%QP GP %JCPPGNUCTG7PNQEMGFCPFECPDGNKU GPGF Q
/CPCIG2CUU QTF
6JKUUG KPIYKNNCNNQY[QW QEJCPIG[QWTGZKU KPIRCUUYQTF Q.QEM/C WTG%QP GP %JCPPGNU
 (TQO JG5KTKWU:/2NC[5ETGGP2TGUU JG/'07$WVVQP
 7UG JGXQNWOGMPQD QUETQNN JTQWIJQR KQPUWP KN JG2CTGP CN%QP TQNU+EQPKUKP JGOKFFNGQH JG
ECTQWUGN
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE 2CTGP CN%QP TQNU
 0QYCRQRWRYKPFQYYKNNCRRGCTYK J YQQR KQPU QEJQQUGHTQOő.QEM/C WTG%QP GP %JCPPGNUŒQT
ő/CPCIG2CUUYQTFŒ
 ő.QEM/C WTG%QP GP %JCPPGNUŒNQEMU JGCDKNK [ Q WPG Q JGő/C WTG%QP GP Œ%JCPPGNU
 ő/CPCIG2CUUYQTFŒ2TQXKFGU JGCDKNK [ Q5G C2CUUYQTFQT Q%JCPIG JG2CUUYQTF QNQEM JG
/C WTG%QP GP %JCPPGNU
 5GNGE ő/CPCIG2CUUYQTFŒ
 'PVGTKP[QWT%WTTGPV.QEM%QFG(QTVJGſTUVVKOGEWTTGPVNQEMEQFGKUUCOGCUFGHCWNVRCUUEQFG
 5GNGEV&QPGYJGPſPKUJGF
 'PVGTKPC0GY.QEM%QFGCPFUGNGEVFQPGYJGPſPKUJGF
 ;QWYKNNPQYUGGCEQPſTOCVKQPYKPFQYCRRGCTFKURNC[KPIVJGPGYNQEMEQFG
2NGCUGTGOGODGT JKUEQFG;QWYKNNPGGFK  QNKU GP QNQEMGFEJCPPGNUQT Q WTP101(( JG.QEM
/C WTG%QP GP (GC WTGU
0QVG+HCWUGTUGNGE UCNQEMGFEJCPPGNő%JCPPGN.QEMGFŒYKNNFKURNC[#H GTUGEQPFU JGUETGGPHQT
WPNQEMKPI JGEJCPPGNUYKNNDGFKURNC[GF6JGUETGGPYKNNPQ  KOGQW 5ETGGPYKNNTGOCKPFKURNC[GFWP KN
WUGTGP GTU JGEQTTGE RCUUEQFGQTRTGUUGU JG$#%-DW QP
+HWUGTYCP U QWPNQEMCNNOC WTGEJCPPGNUGP GTRCUUEQFGUETGGPKUFKURNC[GFCPF JGUETGGPYKNNPQ  KOG
QW 7UGTECPGK JGTGP GTEQTTGE RCUUEQFGQTRTGUU$#%- QTG WTP QRTGXKQWUUETGGP
0QVG9JGPFKURNC[KPI JGő'P GT2CUU%QFGŒUETGGPKHWUGTRTGUUGU54%(#8$#%-DW QP JGWPK GZK U
JGRCUUEQFGUETGGPCPFFKURNC[U JGEQTTGURQPFKPIUETGGPő+PEQTTGE 2CUU%QFGŒOGUUCIGUETGGPKUPQ 
FKURNC[GFKPECUGQH JGWPTGNC GFQRGTC KQP
6LULXV;06DWHOOLWH5DGLR2SHUDWLRQ
7PNQEMKPI.QEMGF%JCPPGNU9JKNG6WPKPI
 +H2CTGP CN%QP TQN(GC WTGKU10YJKNGC GOR KPI Q WPG QC.QEMGF%JCPPGN%JCPPGN.QEMGF
/GUUCIGYKNNDGFKURNC[GF
 7RQPC GOR [QWYKNNDGCUMGF QGP GTCFKIK NQEMEQFG QNKU GP Q/C WTG%QP GP %JCPPGNU
WP KN JGWPK KURQYGTGF1((
 7UKPI JGXQNWOGMPQDUETQNN JQWIJ JGPWODGTUCPF2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE
[QWTFKIK EQFG7UG JGFGHCWN RCUUEQFGWPNGUUK KUEJCPIGFWUKPI/CPCIGRCUUEQFG+H JG
FGHCWN RCUUEQFGKUEJCPIGFWUKPI/CPCIGRCUUEQFG JGPGP GT JGPGYEJCPIGFRCUUEQFG
 0QY JGUGNGE GF%JCPPGNYKNNDG WPGFCPFCNN JG5KTKWU://C WTG%QP GE %JCPPGNUCTG7PNQEMGF
CPFECPDGNKU GPGF QWP KN JGWPK KU WTPGFQHH
L3RG$XGLR2SHUDWLRQ
=W5''-?5GGM$CEM$WVVQP
 2TGUUCPFTGNGCUGDW QP QIQDCEM QRTGXKQWUUQPI+H5GGM$CEMDW QPKURTGUUGFDGHQTG
UGEQPFUCTGGNCRUGFKPEWTTGP  TCEM JGRTGXKQWU TCEMYKNNDGRNC[GF+H5GGM$CEM$W QPKUPQ 
RTGUUGFCH GTUGEQPFUCTGGNCRUGFKPCEWTTGP  TCEM JGUCOG TCEMYKNNDGTGU CT GF
 2TGUUCPF*QNFHQT6JTGG5GEQPFU QUECP JTQWIJUQPITGNGCUGCPFUQPIYKNNEQP KPWGRNC[KPI
 +HEWTTGP N[RNC[KPI TCEMKU(KTU  TCEMKP JGEC GIQT[CPFTGRGC HGC WTGKUFKUCDNGF JGP5GGM$CEM
DW QPRTGUUTGUWN UKPRQRWROGUUCIGő.KU 'OR [5GNGE Q JGT TCEMŒUKPEG JGTGCTGPQOQTG TCEMU
KP JGEWTTGP EC GIQT[HQTRNC[KPI
=5''-X?5GGM(QT CTF$WVVQP
 2TGUUCPFTGNGCUGDW QP QCFXCPEG QPGZ UQPI
 2TGUUCPF*QNFHQT6JTGG5GEQPFU QUECP JTQWIJUQPITGNGCUGCPFUQPIYKNNEQP KPWGRNC[KPI
 +HEWTTGP N[RNC[KPI TCEMKUNCU  TCEMKP JGEC GIQT[CPFTGRGC HGC WTGKUFKUCDNGF JGP5GGM
 (QTYCTFDW QPRTGUUTGUWN UKPRQRWROGUUCIGő.KU 'OR [5GNGE Q JGT TCEMŒUKPEG JGTGCTGPQ
OQTG TCEMUKP JGEWTTGP EC GIQT[HQTRNC[KPI
= ?2NC[2CWUG$WVVQP
 2TGUU Q2#75'EWTTGP UQPI
 9JGP TCEMKU2#75'&RTGUUCICKP QEQP KPWGRNC[KPIEWTTGP UQPIK2QF$NWG QQ J#WFKQ75$
CPF2CPFQTC
= ?$CEM$WVVQP
 2TGUU QIQDCEM QRTGXKQWU/GPWQT5G KPIU
5ETGGP
 2TGUU QDCEMYCTFUKPOWN KRNG/GPW5ETGGPU
 2TGUU QTG WTP QEWTTGP UQWTEGRNC[UETGGP
HTQO/GPWQT5G KPIU5ETGGP
 2TGUU QTG WTP QCE KXGUQWTEGHTQO5QWTEG
UETGGPXKGY
=/'07?/GPW$WVVQP
2TGUU QCEEGUUCFFK KQPCNQR KQPU
 2NC[NKU U5GCTEJD[ő#$%ŒQTőŒ
 5QPIU5GCTEJD[ő#$%ŒQTőŒ
 #T KU U5GCTEJD[ő#$%ŒQTőŒ
 )GPTG5GCTEJD[ő#$%ŒQTőŒ
 %QORQUGTU5GCTEJD[ő#$%ŒQTőŒ
 2QFECU U5GCTEJD[ő#$%ŒQTőŒ
 4GRGC 5QPI2NC[NKU #NN1HH
 5JWHƀG10QT1((
+P8KFGQ5YK EJGUHTQOK2QF#WFKQ QK2QF8KFGQ
CPFHQT5GCTEJ+P8KFGQNKMG
 #NDWOU5GCTEJD[ő#$%ŒQTőŒ
 #T KU U5GCTEJD[ő#$%ŒQTőŒ
 6TCEMU5GCTEJD[ő#$%ŒQTőŒ

'PINKUJ 'PINKUJ
1YPGTŏU/CPWCN 1YPGTŏU/CPWCN
 %/5 %/5
L3RG$XGLR2SHUDWLRQ
2NC[NKUVU
 (TQO JGK2QF2NC[5ETGGP2TGUU JG/'07$WVVQP
 7UG JGXQNWOGMPQD QUETQNN JTQWIJQR KQPUWP KN JG2NC[NKU U+EQPKUKP JGOKFFNGQH JGECTQWUGN
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE 2NC[NKU U
 6JGNKU QH[QWT2NC[NKU UYKNNPQYCRRGCT
 7UG JGXQNWOGMPQD QUETQNN JTQWIJ[QWT2NC[NKU U
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE  JG2NC[NKU  JC KUKP JGOKFFNGQH JGUETGGP
 ;QWYKNNPQYTG WTP Q JG6TCEM.KU 5ETGGPCPFCH GTUGNGE KPICP[ TCEM JGUGNGE KQPKP JGRNC[NKU
YKNNU CT RNC[KPI
2NC[NKUVU5GCTEJD[#$%QT
 (TQO JGK2QF2NC[5ETGGP2TGUU JG/'07$WVVQP
 7UG JGXQNWOGMPQD QUETQNN JTQWIJQR KQPUWP KN JG2NC[NKU U+EQPKUKP JGOKFFNGQH JGECTQWUGN
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE 2NC[NKU U
 6JGNKU QH[QWT2NC[NKU UYKNNPQYCRRGCT
 2TGUU JG/'07$WVVQP
 0QYCRQRWRYKPFQYYKNNCRRGCTYK J YQQR KQPU QEJQQUGHTQOő#$%ŒQTőŒ
 ő#$%ŒKUUGCTEJD[.G GT
 őŒKUUGCTEJD[0WODGT
 7UG JGXQNWOGMPQD Q QIINGDG YGGP JG YQQR KQPUD[OQXKPI JGJCNQCTQWPF JG#$%KEQP
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE ő#$%ŒQTőŒ
 0QYCRQRWRYKPFQYYKNNCRRGCTYK J.G GTU0WODGTUKPKEQPU
 7UG JGXQNWOGMPQD QUETQNN JTQWIJ JG.G GTU0WODGTUWP KN JG.G GT0WODGT[QWYCP KUKP JG
OKFFNGQH JGECTQWUGN
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE  JC .G GT0WODGT
 ;QWYKNNPQYUGGCNKU QH2NC[NKU U
 7UG JGXQNWOGMPQD QUETQNN JTQWIJ JGNKU QH2NC[NKU U
 9JGP JG2NC[NKU U[QWYQWNFNKMGKUKP JGOKFFNGQH JGUETGGP
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE  JC 2NC[NKU 
 1PEGUGNGE GF[QWYKNNUGG JGNKU QH TCEMUEQTTGURQPFKPI QUGNGE GF2NC[NKU 6TCEM5 CT URNC[KPI
YJGPUGNGE GFQPCRCT KEWNCT TCEM$TQYUKPIUGSWGPEGUJQWNFIQCU2NC[NKU  6TCEMU5GCTEJECP
DGFQPGKPGCEJNGXGN
 0QY[QWYKNNTG WTP Q JGK2QF2NC[5ETGGPCPF JGUGNGE GFUQPIKP JG2NC[NKU YKNNU CT RNC[KPI
0QVG+H JGTGKUPQTGUWN OC EJKPI Q JGUGCTEJGFCNRJCDG PWODGTő0Q/C EJ(QWPFŒRQRWR
OGUUCIGYKNNDGFKURNC[GF
L3RG$XGLR2SHUDWLRQ
5QPIU
 (TQO JGK2QF2NC[5ETGGP2TGUU JG/'07$WVVQP
 7UG JGXQNWOGMPQD QUETQNN JTQWIJQR KQPUWP KN JG5QPIU+EQPKUKP JGOKFFNGQH JGECTQWUGN
 2TGUUKPCPFTGNGCUG JGXQNWOGMPQD QUGNGE 5QPIU
 6JGNKU QH[QWT6TCEMUYKNNPQYCRRGCT
 7UG JGXQNWOGMPQD QUETQNN JTQWIJ[QWT6TCEMU
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE  JG6TCEM JC KUKP JGOKFFNGQH JGUETGGP
 ;QWYKNNPQYTG WTP Q JGK2QF2NC[5ETGGPCPF JG6TCEMYKNNU CT RNC[KPI
5QPIU5GCTEJD[#$%QT
 (TQO JGK2QF2NC[5ETGGP2TGUU JG/'07$WVVQP
 7UG JGXQNWOGMPQD QUETQNN JTQWIJQR KQPUWP KN JG5QPIU+EQPKUKP JGOKFFNGQH JGECTQWUGN
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE 5QPIU
 6JGNKU QH[QWT6TCEMUYKNNPQYCRRGCT
 2TGUU JG/'07$WVVQP
 0QYCRQRWRYKPFQYYKNNCRRGCTYK J YQQR KQPU QEJQQUGHTQOő#$%ŒQTőŒ
 ő#$%ŒKUUGCTEJD[.G GT
 őŒKUUGCTEJD[0WODGT
 7UG JGXQNWOGMPQD Q QIINGDG YGGP JG YQQR KQPUD[OQXKPI JGJCNQCTQWPF JG#$%KEQP
 2TGUUKPCPFTGNGCUG JGXQNWOGMPQD QUGNGE ő#$%ŒQTőŒ
 0QYCRQRWRYKPFQYYKNNCRRGCTYK J.G GTU0WODGTUKPKEQPU
 7UG JGXQNWOGMPQD QUETQNN JTQWIJ JG.G GTU0WODGTUWP KN JG.G GT0WODGT[QWYCP KUKP JG
OKFFNGQH JGECTQWUGN
 2TGUUKPCPFTGNGCUG JGXQNWOGMPQD QUGNGE  JC .G GT0WODGT
 ;QWYKNNPQYUGGCNKU QH6TCEMU
 7UG JGXQNWOGMPQD QUETQNN JTQWIJ JGNKU QH6TCEMU
 9JGP JG6TCEM[QWYQWNFNKMGKUKP JGOKFFNGQH JGUETGGP
 2TGUUKPCPFTGNGCUG JGXQNWOGMPQD QUGNGE  JC 6TCEM
 0QY[QWYKNNTG WTP Q JGK2QF2NC[5ETGGPCPF JG6TCEMYKNNU CT RNC[KPI
0QVG+H JGTGKUPQTGUWN OC EJKPI Q JGUGCTEJGFCNRJCDG PWODGTő0Q/C EJ(QWPFŒRQRWR
OGUUCIGYKNNDGFKURNC[GF

'PINKUJ 'PINKUJ
1YPGTŏU/CPWCN 1YPGTŏU/CPWCN
 %/5 %/5
L3RG$XGLR2SHUDWLRQ
#TVKUVU
 (TQO JGK2QF2NC[5ETGGP2TGUU JG/'07$WVVQP
 7UG JGXQNWOGMPQD QUETQNN JTQWIJQR KQPUWP KN JG#T KU U+EQPKUKP JGOKFFNGQH JGECTQWUGN
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE #T KU U
 6JGNKU QH#T KU UYKNNPQYCRRGCT
 7UG JGXQNWOGMPQD QUETQNN JTQWIJ[QWT#T KU U
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE  JG#T KU  JC KUKP JGOKFFNGQH JGUETGGP
 ;QWYKNNPQYGPEQWP GT#NDWOU5ETGGP 6TCEMU5ETGGP 5GNGE C TCEM JGP JG%/5TG WTPU Q
K2QFRNC[UETGGPCPFU CT URNC[KPI JGUGNGE GF TCEM
#TVKUVU5GCTEJD[#$%QT
 (TQO JGK2QF2NC[5ETGGP2TGUU JG/'07$WVVQP
 7UG JGXQNWOGMPQD QUETQNN JTQWIJQR KQPUWP KN JG#T KU U+EQPKUKP JGOKFFNGQH JGECTQWUGN
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE #T KU U
 6JGNKU QH[QWT#T KU UYKNNPQYCRRGCT
 2TGUU JG/'07$WVVQP
 0QYCRQRWRYKPFQYYKNNCRRGCTYK J YQQR KQPU QEJQQUGHTQOő#$%ŒQTőŒ
 ő#$%ŒKUUGCTEJD[.G GT
 őŒKUUGCTEJD[0WODGT
 7UG JGXQNWOGMPQD Q QIINGDG YGGP JG YQQR KQPUD[OQXKPI JGJCNQCTQWPF JG#$%KEQP
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE ő#$%ŒQTőŒ
 0QYCRQRWRYKPFQYYKNNCRRGCTYK J.G GTU0WODGTUKPKEQPU
 7UG JGXQNWOGMPQD QUETQNN JTQWIJ JG.G GTU0WODGTUWP KN JG.G GT0WODGT[QWYCP KUKP JG
OKFFNGQH JGECTQWUGN
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE  JC .G GT0WODGT
 ;QWYKNNPQYUGGCNKU QH#T KU U
 7UG JGXQNWOGMPQD QUETQNN JTQWIJ JGNKU QH#T KU U
 9JGP JG#T KU [QWYQWNFNKMGKUKP JGOKFFNGQH JGUETGGP
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE  JC #T KU 
 1PEG5GNGE GF;QWYKNNUGG JGNKU QH#NDWOEQTTGURQPFKPI QUGNGE GF#T KU 6TCEMUYKNNDGUJQYP
YJGPCP#NDWOKUUGNGE GFCPF TCEMU CT URNC[KPIYJGPUGNGE GFQPCRCT KEWNCT TCEM$TQYUKPI
UGSWGPEGUJQWNFIQ JTQWIJ JGFKHHGTGP NGXGNUNKMG#T KU  #NDWO 6TCEMU5GCTEJECPDGFQPGKP
GCEJNGXGN
 0QY[QWYKNNTG WTP Q JGK2QF2NC[5ETGGPCPF JGUGNGE GFUQPIHTQO JG#T KU YKNNU CT RNC[KPI
0QVG+H JGTGKUPQTGUWN OC EJKPI Q JGUGCTEJGFCNRJCDG PWODGTő0Q/C EJ(QWPFŒRQRWR
OGUUCIGYKNNDGFKURNC[GF
L3RG$XGLR2SHUDWLRQ
)GPTG
 (TQO JGK2QF2NC[5ETGGP2TGUU JG/'07$WVVQP
 7UG JGXQNWOGMPQD QUETQNN JTQWIJQR KQPUWP KN JG)GPTG+EQPKUKP JGOKFFNGQH JGECTQWUGN
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE )GPTG
 6JGNKU QH)GPTGYKNNPQYCRRGCT
 7UG JGXQNWOGMPQD QUETQNN JTQWIJ JGOWUKE)GPTG
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE  JG)GPTG JC KUKP JGOKFFNGQH JGUETGGP
 ;QWYKNNPQYGPEQWP GT)GPTG #T KU U #NDWOU 6TCEMU5ETGGP 5GNGE C TCEM JGP JG%/5
TG WTPU QK2QFRNC[UETGGPCPFU CT URNC[KPI JGUGNGE GF TCEM
)GPTG5GCTEJD[#$%QT
 (TQO JGK2QF2NC[5ETGGP2TGUU JG/'07$WVVQP
 7UG JGXQNWOGMPQD QUETQNN JTQWIJQR KQPUWP KN JG)GPTG+EQPKUKP JGOKFFNGQH JGECTQWUGN
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE )GPTG
 6JGNKU QH[QWTOWUKE)GPTGYKNNPQYCRRGCT
 2TGUU JG/'07$WVVQP
 0QYCRQRWRYKPFQYYKNNCRRGCTYK J YQQR KQPU QEJQQUGHTQOő#$%ŒQTőŒ
 ő#$%ŒKUUGCTEJD[.G GT
 őŒKUUGCTEJD[0WODGT
 7UG JGXQNWOGMPQD Q QIINGDG YGGP JG YQQR KQPUD[OQXKPI JGJCNQCTQWPF JG#$%KEQP
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE ő#$%ŒQTőŒ
 0QYCRQRWRYKPFQYYKNNCRRGCTYK J.G GTU0WODGTUKPKEQPU
 7UG JGXQNWOGMPQD QUETQNN JTQWIJ JG.G GTU0WODGTUWP KN JG.G GT0WODGT[QWYCP KUKP JG
OKFFNGQH JGECTQWUGN
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE  JC .G GT0WODGT
 ;QWYKNNPQYUGGCNKU QH)GPTG
 7UG JGXQNWOGMPQD QUETQNN JTQWIJ JGNKU QH)GPTG
 9JGP JG)GPTG[QWYQWNFNKMGKUKP JGOKFFNGQH JGUETGGP
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE  JC )GPTG
 1PEGUGNGE GF[CWYKNNUGG JGNKU QH#T KU EQTTGURQPFKPI Q JGUGNGE GF)GPTG9JGPCPCT KU KU
UGNGE GFEQTTGURQPFKPI#NDWOUYKNNDGFKURNC[GF6TCEMUYKNNDGUJQYPYJGPCPCNDWOKUUGNGE GF
CPF TCEMU CT URNC[KPIYJGPUGNGE GFQPCRCT KEWNCT TCEM$TQYUKPIUGSWGPEGUJQWNFIQ JTQWIJ
JGFKHHGTGP NGXGNUNKMG)GPTG #T KU  #NDWO 6TCEMU6TCEMUCTG JGNCU NGXGNU5GCTEJECPDG
FQPGKPGCEJNGXGN
 0QY[QWYKNNTG WTP Q JGK2QF2NC[5ETGGPCPF JGUGNGE GFUQPIHTQO JG)GPTGYKNNU CT RNC[KPI
0QVG+H JGTGKUPQTGUWN OC EJKPI Q JGUGCTEJGFCNRJCDG PWODGTő0Q/C EJ(QWPFŒRQRWR
OGUUCIGYKNNDGFKURNC[GF

'PINKUJ 'PINKUJ
1YPGTŏU/CPWCN 1YPGTŏU/CPWCN
 %/5 %/5
L3RG$XGLR2SHUDWLRQ
%QORQUGTU
 (TQO JGK2QF2NC[5ETGGP2TGUU JG/'07$WVVQP
 7UG JGXQNWOGMPQD QUETQNN JTQWIJQR KQPUWP KN JG%QORQUGTU+EQPKUKP JGOKFFNGQH JG
ECTQWUGN
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE %QORQUGTU
 6JGNKU QH%QORQUGTUYKNNPQYCRRGCT
 7UG JGXQNWOGMPQD QUETQNN JTQWIJ[QWT%QORQUGTU
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE  JG%QORQUGT JC KUKP JGOKFFNGQH JGUETGGP
 ;QWYKNNPQYGPEQWP GT%QORQUGT #NDWO 6TCEMU 5GNGE C TCEM JGP JG%/5TG WTPU Q JG
K2QFRNC[UETGGPCPFU CT URNC[KPI JGUGNGE GF TCEM
%QORQUGTU5GCTEJD[#$%QT
 (TQO JGK2QF2NC[5ETGGP2TGUU JG/'07$WVVQP
 7UG JGXQNWOGMPQD QUETQNN JTQWIJQR KQPUWP KN JG%QORQUGTU+EQPKUKP JGOKFFNGQH JG
ECTQWUGN
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE %QORQUGTU
 6JGNKU QH[QWT%QORQUGTUYKNNPQYCRRGCT
 2TGUU JG/'07$WVVQP
 0QYCRQRWRYKPFQYYKNNCRRGCTYK J YQQR KQPU QEJQQUGHTQOő#$%ŒQTőŒ
 ő#$%ŒKUUGCTEJD[.G GT
 őŒKUUGCTEJD[0WODGT
 7UG JGXQNWOGMPQD Q QIINGDG YGGP JG YQQR KQPUD[OQXKPI JGJCNQCTQWPF JG#$%KEQP
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE ő#$%ŒQTőŒ
 0QYCRQRWRYKPFQYYKNNCRRGCTYK J.G GTU0WODGTUKPKEQPU
 7UG JGXQNWOGMPQD QUETQNN JTQWIJ JG.G GTU0WODGTUWP KN JG.G GT0WODGT[QWYCP KUKP JG
OKFFNGQH JGECTQWUGN
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE  JC .G GT0WODGT
 ;QWYKNNPQYUGGCNKU QH%QORQUGTU
 7UG JGXQNWOGMPQD QUETQNN JTQWIJ JGNKU QH%QORQUGTU
 9JGP JG%QORQUGT[QWYQWNFNKMGKUKP JGOKFFNGQH JGUETGGP
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE  JC %QORQUGT
 1PEGUGNGE GF[QWYKNNUGG JGNKU QH#NDWOEQTTGURQPFKPI QUGNGE GFEQORQUGT6TCEMUYKNNDG
UJQYPYJGPCP#NDWOKUUGNGE GFCPF TCEMU CT URNC[KPIYJGPUGNGE GFQPCRCT KEWNCT TCEM
$TQYUKPIUGSWGPEGUJQWNFIQ JTQWIJ JGFKHHGTGP NGXGNUNKMG%QORQUGT #NDWO 6TCEMU5GCTEJECP
DGFQPGKPGCEJNGXGN
 0QY[QWYKNNTG WTP Q JGK2QF2NC[5ETGGPCPF JGUGNGE GFUQPIHTQO JG%QORQUGTYKNNU CT
RNC[KPI
0QVG+H JGTGKUPQTGUWN OC EJKPI Q JGUGCTEJGFCNRJCDG PWODGTő0Q/C EJ(QWPFŒRQRWR
OGUUCIGYKNNDGFKURNC[GF
L3RG$XGLR2SHUDWLRQ
2QFECUVU
 (TQO JGK2QF2NC[5ETGGP2TGUU JG/'07$WVVQP
 7UG JGXQNWOGMPQD QUETQNN JTQWIJQR KQPUWP KN JG2QFECU U+EQPKUKP JGOKFFNGQH JGECTQWUGN
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE 2QFECU U
 6JGNKU QH2QFECU UYKNNPQYCRRGCT
 7UG JGXQNWOGMPQD QUETQNN JTQWIJ JG2QFECU U
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE  JG2QFECU  JC KUKP JGOKFFNGQH JGUETGGP
 ;QWYKNNPQYGPEQWP GT2QFECU  'RKUQFG 6TCEMU 5GNGE C TCEM JGP JG%/5TG WTPU Q JG
K2QFRNC[UETGGPCPFU CT URNC[KPI JGUGNGE GF TCEM
0QVG8KFGQRQFECU KHRTGUGP KP JGFGXKEGECPCNUQDGUGGPKP JGNKU QH#WFKQ2QFECU U
2QFECUVU5GCTEJD[#$%QT
 (TQO JGK2QF2NC[5ETGGP2TGUU JG/'07$WVVQP
 7UG JGXQNWOGMPQD QUETQNN JTQWIJQR KQPUWP KN JG2QFECU U+EQPKUKP JGOKFFNGQH JGECTQWUGN
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE 2QFECU U
 6JGNKU QH[QWTFQYPNQCFGF2QFECU UYKNNPQYCRRGCT
 2TGUU JG/'07$WVVQP
 0QYCRQRWRYKPFQYYKNNCRRGCTYK J YQQR KQPU QEJQQUGHTQOő#$%ŒQTőŒ
 ő#$%ŒKUUGCTEJD[.G GT
 őŒKUUGCTEJD[0WODGT
 7UG JGXQNWOGMPQD Q QIINGDG YGGP JG YQQR KQPUD[OQXKPI JGJCNQCTQWPF JG#$%KEQP
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE ő#$%ŒQTőŒ
 0QYCRQRWRYKPFQYYKNNCRRGCTYK J.G GTU0WODGTUKPKEQPU
 7UG JGXQNWOGMPQD QUETQNN JTQWIJ JG.G GTU0WODGTUWP KN JG.G GT0WODGT[QWYCP KUKP JG
OKFFNGQH JGECTQWUGN
 ;QWYKNNPQYUGGCNKU QH2QFECU UU CT KPIYK J#NRJCDG .G GT
 9JGP JG2QFECU [QWYQWNFNKMGKUKP JGOKFFNGQH JGUETGGP
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE  JC 2QFECU 
 1PEGUGNGE GF[QWYKNNUGG JGNKU QH TCEMUEQTTGURQPFKPI QUGNGE GF'RKUQFG6TCEMUU CT RNC[KPI
YJGPUGNGE GFQPCRCT KEWNCT TCEM$TQYUKPIUGSWGPEGUJQWNFIQ JTQWIJ JGFKHHGTGP NGXGNUNKMG
'RKUQFG 6TCEMU5GCTEJECPDGFQPGKPGCEJNGXGN
 0QY[QWYKNNTG WTP Q JGK2QF2NC[5ETGGPCPF JG2QFECU YKNNU CT RNC[KPI
0QVG+H JGTGKUPQTGUWN OC EJKPI Q JGUGCTEJGFCNRJCDG PWODGTő0Q/C EJ(QWPFŒRQRWR
OGUUCIGYKNNDGFKURNC[GF

'PINKUJ 'PINKUJ
1YPGTŏU/CPWCN 1YPGTŏU/CPWCN
 %/5 %/5
L3RG$XGLR2SHUDWLRQ
4GRGCV
 (TQO JGK2QF2NC[5ETGGP2TGUU JG/'07$WVVQP
 7UG JGXQNWOGMPQD QUETQNN JTQWIJQR KQPUWP KN JG4GRGC +EQPKUKP JGOKFFNGQH JGECTQWUGN
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE 4GRGC 
 0QYCRQRWRYKPFQYYKNNCRRGCTYK J4GRGC QR KQPU
 5QPI4GRGC UEWTTGP UQPI
 2NC[NKU 4GRGC UUQPIUKP2NC[NKU 
 #NN4GRGC UCNNUQPIU
 1HH6WTPU1(( JG4GRGC (GC WTG
0QVG6QTGRGC CUQPIRGTHQTOő4GRGC  #..ŒCPF JGPő4GRGC  5QPIŒ
 #H GT[QWTEJQKEGJCUDGGPOCFG[QWYKNNUGG JG4GRGC HQP CRRGCTKPDQNFQP JGK2QF2NC[
5ETGGP
5JWHƀG
 (TQO JGK2QF2NC[5ETGGP2TGUU JG/'07$WVVQP
 7UGVJGXQNWOGMPQDVQUETQNNVJTQWIJQRVKQPUWPVKNVJG5JWHƀG+EQPKUKPVJGOKFFNGQHVJGECTQWUGN
 2TGUUKPTGNGCUGVJGXQNWOGMPQDVQUGNGEV5JWHƀG
 0QYCRQRWRYKPFQYYKNNCRRGCTYKVJ5JWHƀGQRVKQPU
 106WTPUVJG5JWHƀG(GCVWTG10
 1((6WTPUVJG5JWHƀG(GCVWTG1((
 #HVGT[QWTEJQKEGJCUDGGPOCFG[QWYKNNUGGVJG5JWHƀG+EQPCRRGCTDQNFQPVJGK2QF2NC[5ETGGP
L3RG$XGLR2SHUDWLRQ
#NDWOU
 (TQO JGK2QF2NC[5ETGGP2TGUU JG/'07$WVVQP
 7UG JGXQNWOGMPQD QUETQNN JTQWIJQR KQPUWP KN JG#NDWOU+EQPKUKP JGOKFFNGQH JGECTQWUGN
 2TGUUKPCPFTGNGCUG JGXQNWOGMPQD QUGNGE #NDWOU
 ;QWYKNNPQYUGG JGNKU QH#NDWOU JC CTGQP[QWTK2QFK2JQPG
 7UG JG8QNWOGMPQD QUETQNN JTQWIJ JGNKU QH#NDWOU
 2TGUUKPCPFTGNGCUG JG8QNWOGMPQD QUGNGE  JC #NDWO
 ;QWYKNNPQYUGG JGNKU QH6TCEMU
 7UG JGXQNWOGMPQD QUETQNN JQWIJ JGNKU QH TCEMU
 9JGP JG6TCEM[QWYCP  QNKU GP QKUKP JGOKFFNGQH JGUETGGPRTGUUKPCPFTGNGCUG JGXQNWOG
MPQD QUGNGE  JC  TCEM
 6JG6TCEMYKNNU CT RNC[KPI
=W5''-?5GGM$CEM$WVVQP
 2TGUUCPFTGNGCUGDW QP QIQDCEM QRTGXKQWU TCEM+H5GGM$CEMDW QPKURTGUUGFDGHQTGUGEKP
EWTTGP XKFGQ TCEM JGRTGXKQWUXKFGQ TCEMYKNNDGRNC[GF+H5GGM$CEMDW QPKURTGUUGFCH GTUGE
CTGGNCRUGFKPEWTTGP  TCEM JGUCOGXKFGQ TCEMYKNNDGTGU CT GF
 2TGUUCPF*QNFHQT6JTGG5GEQPFU QHCU TGYKPFQH JG TCEMTGNGCUGCPFXKFGQYKNNEQP KPWGRNC[KPI
 +HEWTTGP N[RNC[KPIXKFGQ TCEMKU(KTU  TCEMKP JGEC GIQT[CPFTGRGC HGC WTGKUFKUCDNGF JGP5GGM
$CEMDW QPRTGUUTGUWN UKPRQRWROGUUCIGő.KU 'OR [5GNGE Q JGT TCEMŒUKPEG JGTGCTGPQ
OQTG TCEMUKP JGEWTTGP EC GIQT[HQTRNC[KPI
=5''-X?5GGM(QT CTF$WVVQP
 2TGUUCPFTGNGCUGDW QP QCFXCPEG QPGZ EJCR GT
 2TGUUCPF*QNFHQT6JTGG5GEQPFU QHCU HQTYCTFQH JG TCEMTGNGCUGCPFXKFGQYKNNEQP KPWGRNC[KPI
 +HEWTTGP N[RNC[KPI TCEMKUNCU  TCEMKP JGEC GIQT[CPFTGRGC HGC WTGKUFKUCDNGF JGP5GGM(QTYCTF
DW QPRTGUUTGUWN UKPRQRWROGUUCIGő.KU 'OR [5GNGE Q JGT TCEMŒUKPEG JGTGCTGPQOQTG TCEMU
KP JGEWTTGP EC GIQT[HQTRNC[KPI
= ?2NC[2CWUG$WVVQP
 2TGUU Q2#75' JGXKFGQ
 9JGP TCEMKU2#75'&RTGUUCICKP QEQP KPWGRNC[KPI JGXKFGQ
= ?$CEM$WVVQP
 2TGUU QIQDCEM QRTGXKQWU/GPWQT5G KPIU5ETGGP
 2TGUU QDCEMYCTFUKPOWN KRNG/GPW5ETGGPU
 2TGUU QTG WTP QEWTTGP UQWTEGRNC[UETGGPHTQO/GPWQT5G KPIU5ETGGP
 2TGUUDCEMHTQOF[PCOKEYKNNRCWUGXKFGQCPFTG WTP QU C KE8KFGQ2NC[5ETGGP

'PINKUJ 'PINKUJ
1YPGTŏU/CPWCN 1YPGTŏU/CPWCN
 %/5 %/5
L3RG9LGHR2SHUDWLRQ
8+'9+0)#8+&'15+)0#.10#0;&#5*/1706'&/10+6149*+.'+0/16+10+5
241*+$+6'&$;.#9
K2QF8KFGQ
 (TQO JGK2QF#WFKQ2NC[5ETGGP2TGUU JG/'07$WVVQP
 7UG JGXQNWOGMPQD QUETQNN JTQWIJQR KQPUWP KN JG8KFGQ+EQPKUKP JGOKFFNGQH JGECTQWUGN
 6QGP GTXKFGQUGNGE KQPQR KQPRTGUUCPFTGNGCUG JGXQNWOGDW QP
 ;QWYKNNPQYUYK EJ QKRQFXKFGQRNC[UETGGP
 #H GTRTGUUKPI JG2.#;DW QPQP JGU C KERNC[UETGGPK YKNNOQXG QCF[PCOKERNC[UETGGPCPF
XKFGQECPDGYC EJGF
0QVG$GNQYCTG JGEQPPGE KQPUHQT%%#ECDNG QDGOCFG
75$QH%%#   75$QH%/5
;GNNQYQH%%#   8+&',0QH*CTPGUU
4GFQH%%#   4GFQH#7:QH*CTPGUU
9JK GQH%%#   9JK GQH#7:QH*CTPGUU
5GNGEV8KFGQ
 (TQO JGK2QF8KFGQ2NC[5ETGGPRTGUU JG/GPW$WVVQP
 ;QWYKNNPQYUGG JGHQNNQYKPIQR KQPU
 /WUKE4G WTPU[QWDCEM Q JGK2QF#WFKQ2NC[5ETGGPCPFNGCXGUK2QF8KFGQ
 /QXKGU5GCTEJD[ő#$%ŒQTőŒ
 685JQYU5GCTEJD[ő#$%ŒQTőŒ
 2QFECU U5GCTEJD[ő#$%ŒQTőŒ
 7UG JGXQNWOGMPQD QUETQNN JTQWIJQR KQPU
L3RG9LGHR2SHUDWLRQ
=/'07?/GPW$WVVQP(TQOK2QF8KFGQ2NC[5ETGGP
2TGUU QCEEGUUCFFK KQPCNQR KQPU
 /QXKGU5GCTEJD[ő#$%ŒQTőŒ
 685JQYU5GCTEJD[ő#$%ŒQTőŒ
 2QFECU U5GCTEJD[ő#$%ŒQTőŒ
 /WUKE
=/'07?/GPW$WVVQP9JKNG8KFGQKU2NC[KPI
2TGUU QCEEGUUCFFK KQPCNQR KQPU
 6QR2NC[UXKFGQHTQO JGDGIKPPKPIQH JGEWTTGP EJCR GT
 %JCR GTU5GCTEJ%JCR GTUD[őŒ
 4GRGC %JCR GT#NNCPF1((
016'
+(;175''#0ő8KFGQKUFKCDNGFHQT[QWTUCHG [Œ5%4''09*+.'64;+0)619#6%*#/18+'
2.'#5'%*'%-6*'ő8+&'1+06'4.1%-Œ9+4'#0&/#-'574'+6+5%100'%6'&
8+&'1+06'4.1%-
10)4170&1((01)4170&
%#76+10

'PINKUJ 'PINKUJ
1YPGTŏU/CPWCN 1YPGTŏU/CPWCN
 %/5 %/5
L3RG9LGHR2SHUDWLRQ
/QXKGU
 5GNGE /QXKGUHTQO JGNKU QH/GPW1R KQPUHTQO JGK2QF8KFGQ2NC[5ETGGP
 ;QWYKNNPQYUGG JGNKU QH#T KU U JC CTGQP[QWTK2QFK2JQPG
 7UG JGXQNWOGMPQD QUETQNN JTQWIJ JGNKU QH#T KU U
 9JGP JG#T KU [QWYCP  QYC EJKUKP JGOKFFNGQH JGUETGGPRTGUUKPTGNGCUG JGXQNWOGMPQD
QUGNGE  JC #T KU 
 6JGP JGNKU QH#NDWOUYKNNDGFKURNC[GF
 7UG JGXQNWOPGMPQD QUETQNN JQWIJ JGNKU QH#NDWOU
 9JGP JG#NDWO[QWYCP  QYC EJKUKP JGOKFFNGQH JGUETGGPRTGUUKPTGNGCUG JGXQNWOG
MPQD QUGNGE  JC #NDWO
 6JGP JGNKU QH/QXKGUYKNNDGFKURNC[GF JC CTGRTGUGP QP[QWTK2QFK2JQPG
 7UG JGXQNWOGMPQD QUETQNN JQWIJ JGNKU QHOQXKGU
 9JGP JGOQXKG[QWYCP  QYC EJKUKP JGOKFFNGQH JGUETGGPRTGUUKPTGNGCUG JG8QNWOG
MPQD QUGNGE  JC OQXKG
 2TGUUKPTGNGCUG JGXQNWOGDW QP QUGNGE  JC OQXKGCPF JG/QXKGYKNNU CT RNC[KPI
/QXKGU5GCTEJD[#$%QT
 (TQO JGK2QF8KFGQ2NC[5ETGGP2TGUU JG/'07$WVVQP
 7UG JGXQNWOGMPQD QUETQNN JTQWIJQR KQPUWP KN JG/QXKGU+EQPKUKP JGOKFFNGQH JGECTQWUGN
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE /QXKGU
 6JGNKU QH[QWT#T KU YKNNPQYCRRGCT
 2TGUU JG/'07$WVVQP
 0QYCRQRWRYKPFQYYKNNCRRGCTYK J YQQR KQPU QEJQQUGHTQOő#$%ŒQTőŒ
 ő#$%ŒKUUGCTEJD[.G GT
 őŒKUUGCTEJD[0WODGT
 7UG JGXQNWOGMPQD Q QIINGDG YGGP JG YQQR KQPUD[OQXKPI JGJCNQCTQWPF JG#$%KEQP
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE ő#$%ŒQTőŒ
 0QYCRQRWRYKPFQYYKNNCRRGCTYK J.G GTU0WODGTUKPKEQPU
 7UG JGXQNWOGMPQD QUETQNN JTQWIJ JG.G GTU0WODGTUWP KN JG.G GT0WODGT[QWYCP KUKP JG
OKFFNGQH JGECTQWUGN
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE  JC .G GT0WODGT
 ;QWYKNNPQYUGGCNKU QH#T KU UYK JUGNGE GF.G GT0WODGT+H JGTGKUPQOC EJHQWPFHQT JG
UGNGE GFCNRJCDG PWODGT JGPCRQRWRUC[KPI JGUCOGYKNNDGFKURNC[GF
 7UG JGXQNWOGMPQD QUETQNN JQWIJ JGNKU QH#T KU U
 9JGP JG#T KU [QWYQWNFNKMG QUGNGE KUKP JGOKFFNGQH JGUETGGPRTGUUKPTGNGCUG JGXQNWOG
MPQD QUGNGE  JC #T KU 
 1PEGUGNGE GF[QWYKNNUGG JGNKU QH#NDWOUEQTTGURQPFKPI Q JGUGNGE GF#T KU 9JGPCP#NDWOKU
UGNGE GFOQXKGUKPK2QFK2JQPGYKNNDGUJQYPCPF/QXKGU CT URNC[KPIYJGPUGNGE GFQPCRCT KEWNCT
/QXKG
 $TQYUKPIUGSWGPEGUJQWNFIQ JQWIJFKHHGTGP NGXGNUNKMG#T KU  #NDWO 6TCEMU6TCEMUCTG JGNCU
NGXGNU5GCTEJECPDGFQPGKPGCEJNGXGN
 0QY[QWYKNNTG WTP Q JGK2QF8KFGQ2NC[5ETGGPCPF JGUGNGE GF/QXKGYKNNU CT RNC[KPI
L3RG9LGHR2SHUDWLRQ
685JQ U
 5GNGE 685JQYUHTQO JGNKU QH/GPW1R KQPUHTQO JGK2QF8KFGQ2NC[5ETGGP
 ;QWYKNNPQYUGG JGNKU QH#T KU U JC CTGQP[QWTK2QFK2JQPG
 7UG JGXQNWOGMPQD QUETQNN JTQWIJ JGNKU QH#T KU U
 9JGP JG#T KU [QWYCP  QYC EJKUKP JGOKFFNGQH JGUETGGPRTGUUKPTGNGCUG JGXQNWOGMPQD
QUGNGE  JC #T KU 
 6JGPNKU QH#NDWOUYKNNDGFKURNC[GF
 7UG JGXQNWOGMPQD QUETQNN JQWIJ JGNKU QH#NDWOU
 9JGP JG#NDWO[QWYCP  QYC EJKUKP JGOKFFNGQH JGUETGGPRTGUUKPTGNGCUG JG8QNWOG
MPQD QUGNGE  JC #NDWO
 ;QWYKNNPQYUGG JGNKU QH685JQYU JC CTGQP[QWTK2QFK2JQPG
 7UG JGXQNWOGMPQD QUETQNN JQWIJ JGNKU QH685JQYU
 9JGP JG685JQY[QWYCP  QYC EJKUKP JGOKFFNGQH JGUETGGPRTGUUKPTGNGCUG JG8QNWOG
MPQD QUGNGE  JC 685JQY
 2TGUUKPTGNGCUG JGXQNWOGDW QP QUGNGE  JC 685JQYCPF JG685JQYYKNNU CT RNC[KPI
685JQ U5GCTEJD[#$%QT
 (TQO JGK2QF8KFGQ2NC[5ETGGP2TGUU JG/'07$WVVQP
 7UG JGXQNWOGMPQD QUETQNN JTQWIJQR KQPUWP KN JG685JQYU+EQPKUKP JGOKFFNGQH JG
ECTQWUGN
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE 685JQYU
 6JGNKU QH#T KU UYKNNPQYCRRGCT
 2TGUU JG/'07$WVVQP
 0QYCRQRWRYKPFQYYKNNCRRGCTYK J YQQR KQPU QEJQQUGHTQOő#$%ŒQTőŒ
 ő#$%ŒKUUGCTEJD[.G GT
 őŒKUUGCTEJD[0WODGT
 7UG JGXQNWOGMPQD Q QIINGDG YGGP JG YQQR KQPUD[OQXKPI JGJCNQCTQWPF JG#$%KEQP
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE ő#$%ŒQTőŒ
 0QYCRQRWRYKPFQYYKNNCRRGCTYK J.G GTU0WODGTUKPKEQPU
 7UG JGXQNWOGMPQD QUETQNN JTQWIJ JG.G GTU0WODGTUWP KN JG.G GT0WODGT[QWYCP KUKP JG
OKFFNGQH JGECTQWUGN
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE  JC .G GT0WODGT
 ;QWYKNNPQYUGGCNKU QH#T KU UYK JUGNGE GF.G GT0WODGT+H JGTGKUPQOC EJHQWPFHQT JG
UGNGE GFCNRJCDG PWODGT JGPCRQRWRUC[KPI JGUCOGYKNNDGFKURNC[GF
 7UG JGXQNWOGMPQD QUETQNN JQWIJ JGNKU QH#T KU U
 9JGP JG#T KU [QWYQWNFNKMG QUGNGE KUKP JGOKFFNGQH JGUETGGPRTGUUKPTGNGCUG JGXQNWOG
MPQD QUGNGE CT KU 
 1PEGUGNGE GF[QWYKNNUGG JGNKU QH#NDWOUEQTTGURQPFKPI Q JGUGNGE GF#T KU 9JGPCP#NDWO
KUUGNGE GF68UJQYUKPK2QFK2JQPGYKNNDGUJQYPCPF685JQYUU CT RNC[KPIYJGPUGNGE GFQPC
RCT KEWNCT685JQY
 $TQYUKPIUGSWGPEGUJQWNFIQ JQWIJFKHHGTGP NGXGNUNKG#T KU  #NDWO 6TCEMU6TCEMUCTG JGNCU
NGXGNU5GCTEJECPDGFQPGKPGCEJNGXGN
 0QY[QWYKNNTG WTP Q JGK2QF8KFGQ2NC[5ETGGPCPF JGUGNGE GF685JQYYKNNU CT RNC[KPI

'PINKUJ 'PINKUJ
1YPGTŏU/CPWCN 1YPGTŏU/CPWCN
 %/5 %/5
L3RG9LGHR2SHUDWLRQ
2QFECUVU
 (TQO JGK2QF2NC[5ETGGP2TGUU JG/'07$WVVQP
 7UG JGXQNWOGMPQD QUETQNN JTQWIJQR KQPUWP KN JG2QFECU U+EQPKUKP JGOKFFNGQH JGECTQWUGN
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE 2QFECU U
 ;QWYKNNPQYUGGCNKU QH#T KU U JC CTGQP[QWTK2QFK2JQPG
 7UG JGXQNWOGMPQD QUETQNN JTQWIJ JGNKU QH#T KU U
 9JGP JGOQXKG[QWYCP  QYC EJKUKP JGOKFFNGQH JGUETGGPRTGUUKPTGNGCUG JGXQNWOGMPQD
QUGNGE  JC #T KU 
 6JGP JGNKU QH#NDWOUYKNNDGFKURNC[GF
 7UG JGXQNWOGMPQD QUETQNN JQWIJ JGNKU QH#NDWOU
 9JGP JG#NDWO[QWYCP  QYC EJKUKP JGOKFFNGQH JGUETGGPRTGUUKPTGNGCUG JGXQNWOG
MPQD QUGNGE  JC #NDWO
 6JGNKU QHFQYPNQCFGF2QFECU UYKNNPQYCRRGCT
 7UG JGXQNWOGMPQD QUETQNN JTQWIJ JGRQFECU U
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE  JG2QFECU  JC KUKP JGOKFFNGQH JGUETGGP
 ;QWYKNNPQYTG WTP Q JGK2QF2NC[5ETGGPCPF JG2QFECU YKNNU CT RNC[KPI
2QFECUVU5GCTEJD[#$%QT
 (TQO JGK2QF2NC[5ETGGP2TGUU JG/'07$WVVQP
 7UG JGXQNWOGMPQD QUETQNN JTQWIJQR KQPUWP KN JG2QFECU U+EQPKUKP JGOKFFNGQH JGECTQWUGN
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE 2QFECU U
 6JGNKU QH[QWTFQYPNQCFGF2QFECU UYKNNPQYCRRGCT
 2TGUU JG/'07$WVVQP
 0QYCRQRWRYKPFQYYKNNCRRGCTYK J YQQR KQPU QEJQQUGHTQOő#$%ŒQTőŒ
 ő#$%ŒKUUGCTEJD[.G GT
 őŒKUUGCTEJD[0WODGT
 7UG JGXQNWOGMPQD Q QIINGDG YGGP JG YQQR KQPUD[OQXKPI JGJCNQCTQWPF JG#$%KEQP
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE ő#$%ŒQTőŒ
 0QYCRQRWRYKPFQYYKNNCRRGCTYK J.G GTU0WODGTUKPKEQPU
 7UG JGXQNWOGMPQD QUETQNN JTQWIJ JG.G GTU0WODGTUWP KN JG.G GT0WODGT[QWYCP KUKP JG
OKFFNGQH JGECTQWUGN
 2TGUUKPTGNGCUGGXQNWOGMPQD QUGNGE  JC .G GT0WODGT
 ;QWYKNNPQYUGGCNKU QH#T KU UYK JUGNGE GF.G GT0WODGT+H JGTGKUPQOC EJHQWPFHQT JG
UGNGE GFCNRJCDG PWODGT JGPCRQRWRUC[KPI JGUCOGYKNNDGFKURNC[GF
 7UG JGXQNWOGMPQD QUETQNN JQWIJ JGNKU QH#T KU U
 9JGP JG#T KU [QWYQWNFNKMG QUGNGE KUKP JGOKFFNGQH JGUETGGPRTGUUKPTGNGCUG JGXQNWOG
MPQD QUGNGE  JC CT KU 
 1PEGUGNGE GF[QWYKNNUGG JGNKU QH#NDWOUEQTTGURQPFKPI Q JGUGNGE GF#T KU 9JGPCP#NDWOKU
UGNGE GFNKU QH2QFECU UYKNNDGUJQYPCPF2QFECU U CT RNC[KPIYJGPUGNGE GFQPC2QFECU 
 $TQYUKPIUGSWGPEGUJQWNFIQ JQWIJFKHHGTGP NGXKGUNKMG#T KU  #NDWO 6TCEMU6TCEMUCTG JGNCU
NGXGNU5GCTEJECPDGFQPGKPGCEJNGXGN
 0QY[QWYKNNTG WTP Q JGK2QF8KFGQ2NC[5ETGGPCPF JGUGNGE GF2QFECU YKNNU CT RNC[KPI
L3RG9LGHR2SHUDWLRQ
%JCRVGT
 9JKNG JGXKFGQKURNC[KPI2TGUU JG/'07$WVVQP
 7UG JGXQNWOGMPQD QUETQNN JTQWIJQR KQPUWP KN JGJCNQKUCTQWPF JG%JCR GTU+EQP
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE %JCR GTU
 0QYCRQRWRYKPFQYYKNNCRRGCTYK JCPWODGTRCFHQT[QW QGP GTKP JGEJCR GTPWODGT
 7UG JGXQNWOGMPQD QUETQNN JTQWIJ JGPWODGTU
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE  JGEJCR GTPWODGTU
 9JGP[QWJCXGſPKUJGF[QWTEJCRVGTUGNGEVKQP
 5ETQNN Q JGDQ QOQH JGRQRWRUETGGPCPFUGNGE ő1-Œ
 ;QWYKNNPQYTG WTP Q JGK2QF8KFGQ2NC[5ETGGPRTGUU2NC[2CWUGCPF JGXKFGQYKNNU CT RNC[KPI
HTQO JGUGNGE GF%JCR GT
6QR
6JKUHGC WTGYKNN CMG[QW Q JGDGIKPPKPIQH JGEWTTGP EJCR GT
 9JKNG JGXKFGQKURNC[KPI2TGUU JG/'07$WVVQP
 7UG JGXQNWOGMPQD QUETQNN JTQWIJQR KQPUWP KN JGJCNQKUCTQWPF JG6QR+EQP
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE 6QR
 ;QWYKNNDG CMGPDCEM Q JGK2QF8KFGQ2NC[5ETGGPCPF JGXKFGQYKNNDGIKPRNC[KPIHTQO JGU CT QH
JGEWTTGP EJCR GT
0QVG6QRCPF%JCR GTQR KQPUCTGCXCNKDNGQPN[HQT JGXKFGQENKRUYJKEJUWRRQT U%JCR GTU
4GRGCV
 9JKNG JGXKFGQKURNC[KPI2TGUU JG/'07$WVVQP
 7UG JGXQNWOGMPQD QUETQNN JTQWIJQR KQPUWP KN JGJCNQKUCTQWPF JG4GRGC +EQP
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE 4GRGC 
 0QYCRQRWRYKPFQYYKNNCRRGCTYK J4GRGC QR KQPU
 #NN4GRGC U#NN8KFGQ6TCEMU
 1HH6WTPU1(( JG4GRGC (GC WTG
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE [QWT4GRGC HWPE KQP
+H[QWEJCPIG[QWTOKPFCPFFQPQ YCP  QWUG JG4GRGC HWPE KQPRTGUU JG$CEM$W QPCPF[QWYKNN
TG WTP Q JGK2QF8KFGQ2NC[5ETGGP
0QVG%QPPGE KQPHQTK2QF8KFGQ6QEQPPGE %%##WFKQCPF8KFGQEQPPGE QTU Q#7:#WFKQCPF
8KFGQKPRW EQPPGE QTLCEMU

'PINKUJ 'PINKUJ
1YPGTŏU/CPWCN 1YPGTŏU/CPWCN
 %/5 %/5
L3RG$XGLR%RRNV2SHUDWLRQ
#WFKQ$QQMU
 (TQO JGK2QF2NC[5ETGGP2TGUU JG/'07$WVVQP
 7UG JGXQNWOGMPQD QUETQNN JTQWIJQR KQPUWP KN JG#WFKQ$QQMU+EQPKUKP JGOKFFNGQH JG
ECTQWUGN
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE #WFKQ$QQMU
 ;QWYKNNPQYUGGCNKU QH#WFKQ$QQMUQP%/5 JC CTGRTGUGP QP[QWTK2QFK2JQPG
 7UG JGXQNWOGMPQD QUETQNN JTQWIJ JGNKU QH$QQMU
 9JGP JG$QQM[QWYCP  QNKU GP QKUKP JGOKFFNGQH JGUETGGPRTGUUKPTGNGCUG JGXQNWOG
MPQD QUGNGE  JC $QQM
 ;QWYKNNPQYTG WTP Q JGK2QF2NC[5ETGGPCPF JGUGNGE GFCWFKQDQQMYKNNU CT RNC[KPI
L3RG$XGLR%RRNV2SHUDWLRQ
$QQM5GCTEJD[#$%QT
 (TQO JGK2QF2NC[5ETGGP2TGUU JG/'07$WVVQP
 7UG JGXQNWOGMPQD QUETQNN JTQWIJQR KQPUWP KN JG#WFKQ$QQMU+EQPKUKP JGOKFFNGQH JG
ECTQWUGN
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE #WFKQ$QQMU
 6JGNKU QHCWFKQDQQMUYKNNPQYCRRGCT
 2TGUU JG/'07$WVVQP
 0QYCRQRWRYKPFQYYKNNCRRGCTYK J YQQR KQPU QEJQQUGHTQOő#$%ŒQTőŒ
 ő#$%ŒKUUGCTEJD[.G GT
 őŒKUUGCTEJD[0WODGT
 7UG JGXQNWOGMPQD Q QIINGDG YGGP JG YQQR KQPUD[OQXKPI JGJCNQCTQWPF JG#$%KEQP
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE ő#$%ŒQTőŒ
 0QYCRQRWRYKPFQYYKNNCRRGCTYK J.G GTU0WODGTUKPKEQPU
 7UG JGXQNWOGMPQD QUETQNN JTQWIJ JG.G GTU0WODGTUWP KN JG.G GT0WODGT[QWYCP KUKP JG
OKFFNGQH JGECTQWUGN
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE  JC .G GT0WODGT
 ;QWYKNNPQYUGGCNKU QH$QQMU+H JGTGKUPQOC EJHQWPFHQT JGUGNGE GFCNRJCDG PWODGT JGP
RQRWRUC[KPI JGUCOGYKNNDGFKURNC[GF
 7UG JGXQNWOGMPQD QUETQNN JTQWIJ JGNKU QH$QQMU
 9JGP JG$QQM[QWYQWNFNKMGKUKP JGOKFFNGQH JGUETGGP
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE  JC $QQM
 0QY[QWYKNNTG WTP Q JGK2QF2NC[5ETGGPCPF JG#WFKQ$QQMYKNNU CT RNC[KPI
0QVG+PCNNUGCTEJQR KQPHQTCNNUQWTEGQR KQP5GCTEJKPIKUTGU TKE GF QU CT KPI#NRJCDG 0WODGTQPN[
5GCTEJD[PWODGTUTG WTPUCNKU QH TCEMUYJKEJU CT UCPFGSWCNU QPWODGTGP GTGFD[WUGT
4GRGCV
 9JKNG JGCWFKQKURNC[KPI2TGUU JG/'07$WVVQP
 7UG JGXQNWOGMPQD QUETQNN JTQWIJQR KQPUWP KN JGJCNQKUCTQWPF JG4GRGC +EQP
 2TGUUKPCPFTGNGCUG JGXQNWOGMPQD QUGNGE 4GRGC 
 0QYCRQRWRYKPFQYYKNNCRRGCTYK J4GRGC QR KQPU
 5QPI4GRGC UEWTTGP N[RNC[KPI TCEMCWFKQDQQM
 2NC[NKU 4GRGC UCNNUQPIUCWFKQDQQMUU QTGFKPK2QF
 #NN4GRGC U#NN8KFGQ6TCEMU
 1HH6WTPU1(( JG4GRGC (GC WTG
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE [QWT4GRGC HWPE KQP
+H[QWEJCPIG[QWTOKPFCPFFQPQ YCP  QWUG JG4GRGC HWPE KQPRTGUU JG$CEM$W QP YKEGCPF
[QWYKNNTG WTP Q JGRTGXKQWUCWFKQ2NC[5ETGGP

'PINKUJ 'PINKUJ
1YPGTŏU/CPWCN 1YPGTŏU/CPWCN
 %/5 %/5
86%DQG86%2SHUDWLRQ
=W5''-?5GGM$CEM$WVVQP
 2TGUUCPFTGNGCUGDW QP QIQDCEM QRTGXKQWUUQPI
 2TGUUCPF*QNFHQT6JTGG5GEQPFU QUECPDCEM JTQWIJUQPITGNGCUGCPFUQPIYKNNEQP KPWGRNC[KPI
=5''-X?5GGM(QT CTF$WVVQP
 2TGUUCPFTGNGCUGDW QP QCFXCPEG QPGZ UQPI
 2TGUUCPF*QNFHQT6JTGG5GEQPFU QUECP JTQWIJUQPITGNGCUGCPFUQPIYKNNEQP KPWGRNC[KPI
= ?2NC[2CWUG$WVVQP
 2TGUU Q2#75' JGUQPI
 9JGP TCEMKU2#75'&RTGUUCICKP QEQP KPWGRNC[KPI JGUQPI
= ?$CEM$WVVQP
 2TGUU QIQDCEM QRTGXKQWU/GPWQT5G KPIU5ETGGP
 2TGUU QDCEMYCTFUKPOWN KRNG/GPW5ETGGPU
 2TGUU QTG WTP QEWTTGP UQWTEGRNC[UETGGPHTQO/GPWQT5G KPIU5ETGGP
=/'07?/GPW$WVVQP
 2TGUU QCEEGUUCFFK KQPCNQR KQPU
 4GRGC 5QPI#..QT1((
 5JWHƀG10QT1((
 5QPIU#EEGUU5QPIU
 5%#01R KQPHQT+P TQ/WUKE5%#0
5JWHƀG
 (TQO JG75$2NC[5ETGGP2TGUU JG/'07$WVVQP
 7UGVJGXQNWOGMPQDVQUETQNNVJTQWIJQRVKQPUWPVKNVJG5JWHƀG+EQPKUKPVJGOKFFNGQHVJGECTQWUGN
 2TGUUKPCPFTGNGCUGVJGXQNWOGMPQDVQUGNGEV5JWHƀG
 0QYCRQRWRYKPFQYYKNNCRRGCTYKVJ5JWHƀGQRVKQPU
 106WTPUVJG5JWHƀG(GCVWTG10
 1((6WTPUVJG5JWHƀG(GCVWTG1((
 #HVGT[QWTEJQKEGJCUDGGPOCFG%/5UJCNNFKURNC[VJG5JWHƀG+EQPCUGPCDNGFKP75$2NC[
5ETGGP
86%DQG86%2SHUDWLRQ
4GRGCV
 (TQO JG75$2NC[5ETGGP2TGUU JG/'07$WVVQP
 7UG JGXQNWOGMPQD QUETQNN JTQWIJQR KQPUWP KN JG4GRGC +EQPKUKP JGOKFFNGQH JGECTQWUGN
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE 4GRGC 
 0QYCRQRWRYKPFQYYKNNCRRGCTYK J4GRGC QR KQPU
 5QPI4GRGC UEWTTGP 5QPI
 #NN4GRGC UCNNUQPIU
 1HH6WTPU1(( JG4GRGC (GC WTG
 #H GT[QWTEJQKEGJCUDGGPOCFG%/5&%UJCNNFKURNC[4GRGCV+EQPCUGPCDNGFKP75$2NC[
5ETGGP
5%#0
 (TQO JG75$2NC[5ETGGP2TGUU JG/'07$WVVQP
 7UG JGXQNWOGMPQD QUETQNN JTQWIJQR KQPUWP KN JG5%#0+EQPKUKP JGOKFFNGQH JGECTQWUGN
 2TGUUKPCPFTGNGCUG JGXQNWOGMPQD QUGNGE 5%#0
 +%/5&%UJCNNFKURNC[5ECP+EQPCUGPCDNGFKP75$2NC[5ETGGPCPFVJGſTUVUGEQPFUQHGCEJ
UQPIKPVJGGPVKTGNKUVYKNNRNC[UVCTVKPIHTQOVJGſTUVUQPIVQNCUVUQPI
 +H[QWYKUJ QRNC[ JGUQPIYJKEJKUEWTTGP N[DGKPIUECPPGFRTGUU2.#;$W QP/'07$W QP6JG
TGURGE KXGUQPIYKNN JGPEQP KPWG QRNC[HTQO JGKPU CP [QWJCXGRTGUUGF2.#;/'07DW QP
2NC[UETGGPYKNNCRRGCTKPECUG2.#;$W QPKURTGUUGFYK J JGUQPIRNC[KPIKPDCEMITQWPF
 $#%-(#8#7&+154%DW QPUYKNNJCXGPQGHHGE QPQRGTC KQPQH5%#09JGPRTGUUKPI JGUG
DW QPU JGTGURGE KXGUETGGPCRRGCTUYK J JG5%#0QRGTC KQPEQP KPWKPIKP JGDCEMITQWPF5''-
DW QPUYKNNJCXGPQGHHGE QP JGQRGTC KQPQH JGFKURNC[
 +H JG2.#;/'07$W QPKU016RTGUUGFFWTKPI5%#0QRGTC KQP JGNCU RNC[GFUQPIYKNNU CT
RNC[KPIHTQO JGDGIKPPKPICH GT JG5%#0QRGTC KQPOGP KQPGFKPRQKP PQKUFQPG
0QVG75$CPF75$1RGTC KQP9JKNGUECPPKPI#T KU 5QPI#NDWOCPF6K NGYKNNPQ DGFKURNC[GFKP
JG2NC[5ETGGP

'PINKUJ 'PINKUJ
1YPGTŏU/CPWCN 1YPGTŏU/CPWCN
 %/5 %/5
86%DQG86%2SHUDWLRQ
016'
1PN[QPG#RRNGFGXKEGECPDGEQPPGEVGFVQVJG%/5CVCP[VKOG
#FFKVKQPCN75$FGXKEGUVJCVTGSWKTGGZEGUUKXGRQ GTOC[PQVDGUWRRQTVGF
5QPIU
 (TQO JG75$2NC[5ETGGP2TGUU JG/'07$WVVQP
 7UG JGXQNWOGMPQD QUETQNN JTQWIJQR KQPUWP KN JG5QPIU+EQPKUKP JGOKFFNGQH JGECTQWUGN
 2TGUUKPCPFTGNGCUG JGXQNWOGMPQD QUGNGE 5QPIU
 6JGNKU QH[QWT5QPIUYKNNPQYCRRGCT
 7UG JGXQNWOGMPQD QUETQNN JTQWIJ[QWT5QPIU
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE  JG5QPI JC KUKP JGOKFFNGQH JGUETGGP
 ;QWYKNNPQYTG WTP Q JG75$2NC[5ETGGPCPF JGUQPIYKNNU CT RNC[KPI
5QPIU5GCTEJD[#$%QT
 (TQO JG75$2NC[5ETGGP2TGUU JG/'07$WVVQP
 7UG JGXQNWOGMPQD QUETQNN JTQWIJQR KQPUWP KN JG5QPIU+EQPKUKP JGOKFFNGQH JGECTQWUGN
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE 5QPIU
 6JGNKU QH[QWT5QPIUYKNNPQYCRRGCT
 2TGUU JG/'07$WVVQP
 0QYCRQRWRYKPFQYYKNNCRRGCTYK J YQQR KQPU QEJQQUGHTQOő#$%ŒQTőŒ
 ő#$%ŒKUUGCTEJD[.G GT
 őŒKUUGCTEJD[0WODGT
 7UG JGXQNWOGMPQD Q QIINGDG YGGP JG YQQR KQPUD[OQXKPI JGJCNQCTQWPF JG#$%KEQP
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE ő#$%ŒQTőŒ
 0QYCRQRWRYKPFQYYKNNCRRGCTYK J.G GTU0WODGTUKPKEQPU
 7UG JGXQNWOGMPQD QUETQNN JTQWIJ JG.G GTU0WODGTUWP KN JG.G GT0WODGT[QWYCP KUKP JG
OKFFNGQH JGECTQWUGN
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE  JC .G GT0WODGT
 ;QWYKNNPQYUGGCNKU QH5QPIU+H JGTGKUPQOC EJHQWPFHQT JGUGNGE GFCNRJCDG PWODGT JGP
RQRWRUC[KPI JGUCOGYKNNDGFKURNC[GF
 7UG JGXQNWOGMPQD QUETQNN JTQWIJ JGNKU QH5QPIU
 9JGP JG5QPI[QWYQWNFNKMGKUKP JGOKFFNGQH JGUETGGP
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE  JC 5QPI
 0QY[QWYKNNTG WTP Q JG75$2NC[5ETGGPCPF JGUQPIYKNNU CT RNC[KPI
0Q G+PCNNUGCTEJQR KQPHQTCNNUQWTEGQR KQP5GCTEJKPIKUTGU TKE GF QU CT KPI#NRJCDG 0WODGTQPN[
3DQGRUD2SHUDWLRQ
=W5''-?5GGM$CEM$WVVQP
 0QHWPE KQP
=5''-X?5GGM(QT CTF$WVVQP
 2TGUUCPFTGNGCUGDW QP QCFXCPEG QPGZ  TCEM
= ?2NC[2CWUG$WVVQP
 2TGUU Q2#75' JG TCEM
 9JGP TCEMKU2#75'&RTGUUCICKP QEQP KPWGRNC[KPI JG TCEM
= ?$CEM$WVVQP
 2TGUU QIQDCEM QRTGXKQWU/GPWQT5G KPIU5ETGGP
 2TGUU QIQDCEMYCTFUKPOWN KRNG/GPW5ETGGPU
 2TGUU QTG WTP QEWTTGP UQWTEGRNC[UETGGPHTQO/GPWQT5G KPIU5ETGGP
=/'07?/GPW$WVVQP
2TGUU QCEEGUUCFFK KQPCNQR KQPU
 5 C KQPU/WUKE5 C KQPUHTQO[QWT2CPFQTC#EEQWP 
 $QQMOCTM;'5QT%#0%'.
 6JWODU7R
 6JWODU&QYP
0QVG
6JGHQNNQ KPI2CPFQTCEQPPGEVKQPUVCVWUOC[CRRGCT
 2NGCUGNQIKP Q2CPFQTCQPFGXKEG
 2CPFQTCPQ TGURQPFKPI
 5MKRNKOK TGCEJGF
 5 C KQPFQGUPQ GZKU 
 .KOK GFEQPPGE KXK [
 (G EJKPIU C KQPUKPHQTOC KQP
 7PCDNG QRNC[FWG QOWUKENKU GPKPITGU TKE KQPU
 2CPFQTCUGTXGTWPFGTOCKP GPCPEG
 %JGEM JGOQDKNGCRRQPFGXKEG
 5MKRPQ CNNQYGF
 5GNGE CU C KQPHTQOU C KQPNKU 
 6TCEMTC KPIHCKNGF6TCEMTC KPIUWEGUUHWN

'PINKUJ 'PINKUJ
1YPGTŏU/CPWCN 1YPGTŏU/CPWCN
 %/5 %/5
3DQGRUD2SHUDWLRQ
5VCVKQPU
 (TQO JG2CPFQTC2NC[5ETGGPRTGUU JG/'07$WVVQP
 7UG JGXQNWOGMPQD QTQ C G JGJCNQCTQWPF JG5 C KQPKEQP
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE 5 C KQPU
 6JGNKU QH[QWT5 C KQPUYKNNPQYCRRGCT
 7UG JGXQNWOGMPQD QUETQNN JTQWIJ[QWT5 C KQPUWP KN JGTGSWKTGFU C KQPKUKPHQEWU
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE  JGHQEWUGFU C KQP
 ;QWYKNNPQYTG WTP Q JG2CPFQTC2NC[5ETGGPCPF JG TCEMYKNNU CT RNC[KPI
5VCVKQPU5GCTEJD[#$%QT
 (TQO JG2CPFQTC2NC[5ETGGPRTGUU JG/'07$WVVQP
 7UG JGXQNWOGMPQD QUETQNN JTQWIJQR KQPUWP KN JGUGNGE GFHQEWUKUUG 
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE 5 C KQPU
 6JGNKU QH[QWT5 C KQPUYKNNPQYCRRGCT
 2TGUU JG/'07$WVVQP
 0QYCRQRWRYKPFQYYKNNCRRGCTYK J YQQR KQPU QEJQQUGHTQOő#$%ŒQTőŒ
 ő#$%ŒKUUGCTEJD[.G GT
 őŒKUUGCTEJD[0WODGT
 7UG JGXQNWOGMPQD Q QIINGDG YGGP JG YQQR KQPUD[OQXKPI JGJCNQCTQWPF JG#$%KEQP
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE ő#$%ŒQTőŒ
 0QYCRQRWRYKPFQYYKNNCRRGCTYK J.G GTU0WODGTUKPKEQPU
 7UG JGXQNWOGMPQD QUETQNN JTQWIJ JG.G GTU0WODGTUWP KN JG.G GT0WODGT[QWYCP KUKP JG
OKFFNGQH JGECTQWUGN
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE  JC .G GT0WODGT
 ;QWYKNNPQYUGGCNKU QH5 C KQPUU CT KPIYK J JGUCOGCNRJCDG PWODGT
+H JGTGKUPQOC EJHQWPFHQT JGUGNGE GFCNRJCDG PWODGT JGPRQRWRUC[KPI JGUCOGYKNNDG
FKURNC[GF
 7UG JGXQNWOGMPQD QUETQNN JTQWIJ JGNKU QH5 C KQPU
 9JGP JG5 C KQP[QWYQWNFNKMGKUKP JGOKFFNGQH JGUETGGP
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE  JC 5 C KQP
 0QY[QWYKNNTG WTP Q JG2CPFQTC2NC[5ETGGPCPF JG5 C KQPYKNNU CT RNC[KPI
 5 C KQP#T KUFKURNC[HQTGCEJU C KQPKHCXCKNCDNGGNUGIGPGTKEU C KQP#T YKNNDGFKURNC[GF
0QVG+PCNNUGCTEJQR KQPHQTCNNUQWTEGQR KQP5GCTEJKPIKUTGU TKE GF QU CT KPI#NRJCDG 0WODGTQPN[
3DQGRUD2SHUDWLRQ
$QQMOCTM
 (TQO JG2CPFQTC2NC[5ETGGPRTGUU JG/'07$WVVQP
 7UG JGXQNWOGMPQD QUETQNN JTQWIJQR KQPUWP KN JGUGNGE GFHQEWUKUUG 
 2TGUUKPTGNGCUG JGXQNWOGMPQD QUGNGE $QQMOCTM
 0QYCRQRWRYKPFQYYKNNCRRGCTYK J$QQMOCTMQR KQPU
 ;'5$QQMOCTMU JGEWTTGP UQPI Q[QWT2CPFQTC#EEQWP 
 %#0%'.4G WTPU[QWDCEM Q JG2CPFQTC2NC[5ETGGP
 +H;'5KUUGNGE GF#RQRWRYKNNCRRGCTYK Jő$QQMOCTMUCXGFŒUETGGPHQTUGEQPFUCPF JGP
FKURNC[CICKP JG2CPFQTC2NC[UETGGP
 +H$QQMOCTMHCKNWTGQEEWTU2QRWRYKPFQYYKNNCRRGCTYK Jő$QQMOCTMPQ UCXGFŒHQTUGEQPFU
 #H GT[QWTEJQKEGJCUDGGPOCFG[QWYKNNTG WTP Q JG2CPFQTC2NC[5ETGGPKH6JWODU7RKU
UGNGE GF%WTTGP UQPIOWU UMKRCPFQ JGTUQPIU CT URNC[KPIKH6JWODU&QYPKUUGNGE GF
0QVG1P$QQMOCTMKPIU[ODQNYKNNDGFKURNC[GFKP JG2CPFQTC2NC[UETGGPWRQPUGNGE KQP
)GPGTCNRQRWRUHQT2CPFQTC
 &GXKEGFKUEQPPGE GF
 2CPFQTCUGTXGTWPFGTOCKP CKPCPEG
 2CPFQTCPQ TGURQPFKPI
 %JGEM JGOQDKNGCRRQP JGFGXKEG
 5MKRNKOK TGCEJGF
 .KOK GFEQPPGE KXK [G E
6JWODU7R6JWODU&Q P
 (TQO JG2CPFQTC2NC[5ETGGP2TGUU JG/'07$WVVQP
 7UG JGXQNWOGMPQD QUETQNN JTQWIJQR KQPUWP KN JGUGNGE GFHQEWUKUUG 2TGUUKPTGNGCUG JG
XQNWOGMPQD QUGNGE 6JWODU7R
 ő6TCEM4C KPI5WEEGUUHWNőRQRWROGUUCIGKUFKURNC[GFKH JGTC KPIKUUWEEGUUHWNQTGNUGő6TCEM4C KPI
(CKNGFŒRQRWROGUUCIGYKNNDGFKURNC[GF
 #H GT[QWTEJQKEGJCUDGGPOCFG[QWYKNNTG WTP Q JG2CPFQTC2NC[5ETGGPCPFCU[ODQNYKNNDG
FKURNC[GFKP JG2CPFQTC2NC[UETGGPWRQPUGNGE KQP
 +HUGNGE KPIő6JWODU&QYPŒ JGEWTTGP N[RNC[GF TCEMYKNNUMKRCPFCW QOC KECNN[OQXG Q JGPGZ  TCEM
5KIP1WV5KIP+P5EGPCTKQ
+HWUGTJCUPQ NQIIGFKP Q2CPFQTC#EEQWP CPF2CPFQTC5QWTEGKUUGNGE GF JGPő2NGCUGNQIKPQP JG
FGXKEGCPFTG T[ŒRQRWROGUUCIGKUFKURNC[GFQP JGUETGGP
7UGTPGGFU Q JGPNQIKPKP Q2CPFQTC#EEQWP QP JGFGXKEGCPF JGPUGNGE 2CPFQTC5QWTEGCICKP
#H GTUGNGE KPI2CPFQTCCUUQWTEGKHWUGTCUPQ OCPWCNN[UGNGE GFCP[U C KQPQP JG2CPFQTC/QDKNG
#RRNKEC KQPQP JGFGXKEGWUGTKU CMGP Q5 C KQPNKU UETGGP
7UGTPGGFU QUGNGE CP[QH JG5 C KQPUHTQO JGNKU CPF JG TCEMHTQO JGUGNGE GFU C KQPYKNNDGRNC[GF
0QVG9JKNGRGTHQTOKPI6JWODUWRFQYPUGNGE KQP JGEQTTGURQPFKPIKEQPYKNNDGITG[GFQW 

'PINKUJ 'PINKUJ
1YPGTŏU/CPWCN 1YPGTŏU/CPWCN
 %/5 %/5
6HWWLQJV
5GVVKPIU
 2TGUU JG5QWTEG$WVVQP54%
 7UG JGXQNWOGMPQD QUETQNN JTQWIJ JGUQWTEGU
 9JGP JG5G KPIU+EQPKUKP JGOKFFNGQH JGECTQWUGN2TGUUKPCPFTGNGCUG JGXQNWOGMPQD Q
UGNGE 5G KPIU
 1PEGKP5G KPIU JGHQNNQYKPIHGC WTGUYKNNDGCEEGUUKDNG
 %/5+PHQTOC KQP
 %NQEM
 &C G
 $NWG QQ J
 2TGUUKPCPFTGNGCUG JGXQNWOGMPQD QUGNGE  JG5G KPIU1R KQP[QWYQWNFNKMG QGP GT
6HWWLQJV
5[UVGO4GUGV
 2TGUUKP8QNWOGMPQDYJGP5[U GO4GUG QR KQPKUHQEWUUGF
 2QRWRYKPFQYYKNNCRRGCTYK J;'5CPF%#0%'.QR KQPU
 +HUGNGE GF;'5D[RTGUUKPICPFTGNGCUKPI JGXQNWOGMPQD JGPQR KQP QGP GTRCTGP CNNQEMEQFG
YKNNCRRGCTKH2CTGPVCN.QEMKUUGVVQ10+HEQFGKUPQVGPVGTGFRTQRGTN[VJGPCEQPſTOCVKQPUETGGP
UC[KPIő0GGF QRTQEGGFYK JQW TGUG KPINQEMEQFGŒYKNNCRGGCT
 +H2CTGPVCN.QEMKUGPVGTGFEQTTGEVN[KHCRRNKECDNGQTKH.1%-KU1((VJGPCEQPſTOCVKQPYKNNCRRGCT
CUDGNQYYK J JG#%%'26CPF%#0%'.QR KQP
6*+5#%6+109+..4'5'66*'5;56'/#0&4'5614'$#%-61#..(#%614;&'(#7.6
5'66+0)5
;179+...15'#0;5#8'&(#814+6'5#0&5'66+0)5
 2TGUU#%%'26UGNGE KQPCPF4GU CT  JGWPK HQT JGTGUG  QDGEQORNG GF
 1P4GU CTKPI JG7PK %/5UJCNNTGUG  JGHQNNQYKPI
&GNG GCNNU QTGFHCXQ KTGU$TKIJ PGUU6KOG(QTOC %NQEM5G KPIU&GNG GCNNRCKTGFFGXKEGU$CNCPEG
(CFGT$CPF'SWCNK\GT5WDYQQHGT2JCUG8QNWOG(TGSWGPE[
 5QWTEG8QNWOG<QPG8QNWOG<QPG<QPG#NN<QPGU/CU GT8QNWOG75$2NC[GT# TKDWTGU
4GRGCV4CPFQO5JWHƀG
 %NGCTUVJG5:/QHƀKPG6CIUUVQTGF
.CU UGNGE GFEJCPPGNKUUG  QTGXKGYEJCPPGN
&GNG GF JG5:/(CXQTK GU
 +H2CTGP CN.QEMKU10CPF JGWUGTGP GTU JGEQTTGE RCUUYQTF2CTGP CNEQP TQNYKNNDGUG  Q1((
CPFRCUUYQTFYKNNDGTGUG  Q
+H2CTGP CN%QP TQNKU1((RCUUYQTFYKNNDGTGUG  Q
 +H%#0%'.DW QP1R KQPKUUGNGE GF JGPK YKNNTG WTP Q JGRTGXKQWUUETGGP
 +H JGTGOQ GEQP TQNKUEQPPGE GF Q JG%/5WPK YJKNG JGRQYGTKUQPRNGCUGTGU CT  JGWPK  Q
EQPſTOVJGPQTOCNFKURNC[
0QVG5[U GO4GUG YKNNTGSWKTG#%%1HHHQTCOKPKOWOQH6YQOKPW GU QUWEGUUHWNN[CNNQYHQTHWNN
TGUG 
6JKUUGEVKQPEQPVCKPUKPHQTOCVKQP
HQTVJGHQNNQ KPI%/5(GCVWTGUCPF
(WPEVKQPU
 %/5+PHQTOCVKQP
 *CTF CTG+PHQTOCVKQP
 1RGTCVKPI5[UVGO+PHQTOCVKQP15
 5QHV CTG8GTUKQP+PHQTOCVKQP
 $NWGVQQVJ5QHV CTG8GTUKQP
+PHQTOCVKQP
 #RRNKECVKQP(KTO CTG+PHQTOCVKQP
 5[UVGO4GUGV
%/5+PHQTOCVKQP
 2TGUU JG5QWTEG$WVVQP54%
 7UG JGXQNWOGMPQD QUETQNN JTQWIJ JGUQWTEGU
 9JGP JG5G KPIU+EQPKUKP JGOKFFNGQH JGECTQWUGN2TGUUKPCPFTGNGCUG JGXQNWOGMPQD Q
UGNGE 5G KPIU
 1PEGKP5G KPIUWUG JGXQNWOGMPQD QUETQNN Q%/5+PHQTOC KQP
 9JGP JG%/5+PHQTOC KQP+EQPKUKP JGOKFFNGQH JGUETGGP2TGUUKPCPFTGNGCUG JGXQNWOG
MPQD QGP GT JG%/5+PHQTOC KQP5ETGGP
 #HVGT[QWJCXGſPKUJGFTGXKGYKPIVJG%/5+PHQTOCVKQP2TGUUVJG$CEM$WVVQPVQTGVWTPVQVJG
RTGXKQWU5G KPIU5ETGGP