! !

"#$%&'$()*+,*-
 ./0123$45,+67 "

!"#$%&'

#$%&'()))* +,'()))* ()))-./012,'/3())). 45)))6 781()))9:$%.1+,;))))<$%=1>$?@))A.,'BC1D))%=

D))%=1#:))E?B3F,81+,'()))* G3()3 HHGI,'/:)9?(J1+(). +81#-$%)6(K1L()MF(31,'/:)9?(J
#)))9%N
O61,'/))))0PQF R81>$%CB)). '/S())=(31R8+4R/))C #:))6RQF 'B<$%&())M TG))3 U(?#:C())6
,'())V%=(M1,',F())6 '())M WB))? G)))3 XB)6(JF(S +()JF(Y1+FBZ.,F()3 ,'()I''8[K(.,'(M
HB-3F,8F(6
#&"()*+&,#-
!./01#)*!21(&/34*5617"*!,38/#-

R'8()M \()S(*1T,''8[)K 5)3 +8FB)?81R'B)* ]^^()$%KB_``1()K (?(_'/)6(O?(_1 '(*1(9:$%.

R8B&'F'()))* '/S())))=(M1H,'';)).R/.1+RQF ',/))?QF5.1#.BK())S(=F(31+())3FP41())M ())K +,'())*
a?B))b WB?(_'/))6(O?(_1'()))* ^^()$%KB_``1#).'/0531WBS()=(31()9:$%.1+4()cB.1de)6P8
H,''8[K

R/C())K ()))?(.R'R[_F(31(?#K()9$%&1'()* #-$%:)fg[31,F()6 7()J(M1h)S +(?#K()9$%&1()IF/K1L()* ]

H,/%6'/.1#A$%:K1WBS(=1531^^iFB_1j-%O_``1'/Af5CN k
 l !"#$%&'$()*+,*-
,/%)))6'/.1WB%S()))* QF())))S(M1+()).R'/IB=1N
k1'QF5m))E&1'())* #S())=F(31#)).R81n.F())6(3
o(.B%I'/J1(K1,'(.B%f(.R'(*(3
/?8'()M ()?R'1 WB?RQF(K1,'(.B%f(.R'(*(31HHpqBr(M(&1(I,'/I'(K1R81s'R/$%9$%M1F(6(M
F()))J(St,'())):$%Z.F',81>$%I,F'/)))6 '(.B)))9%.1+B))))IR'1,'())?#K(?(I/J1'(:))6F1'/S())=
R;?(.8[K;<))6(&1L())M ())).R'(*1+Rg[)-$%ItG).Ru31#)$%&1@)3 >)6B.1#:)fg[3(31#-$?;.()v5=
oW@Z.BK(?
dG)3,81>$%:)f '/S(=1+/?8'B*1(?(6[I(.1'B01(Iw(6,8(31(_'/6(O?(_1'(*1(9:$%.
+,8R8FRF())r(K1,'())f(.B?BS(<3 '@))3 pQF '())* +/?8()).(M1X())).B.(I1T(?#:)6RQF #N
MR8'()*
oGN
M,81+5C531BI,'(*HHpQF(J,81#:6RQF(M1F(=#.5C
d>$?F())mS(M1()):%A31())?5I1+@)))3 q81+(:)f'(*1'R81X5)C +()KP@31WR/$%.()M +()K(.``
H#:6,/31#$%M1(K[01G3(3
#?B).R81+()O&1L()K(?1,'BI,F()6(M1 R'(*1BK(.FBK1(?BS(<31L(*1F(6(M1>$?@A.,'BC1F(=
Hp/$%Z.(*B.
())%.1X5)))3 H,'()-$%Z.(Y1+()SF(J1()?+x$?'By31X5)C #)E_(.1>)$?qPQF /S()= (:)E?/$%&
WB?()S(*1()-./01TG)0,8R;$%I1WB)? p'(K,8F()6 t(?B*1#<$%SRg[$%I1R8(.B9$%K1X(z,4'(M
H^^(%.1,'5I(31+FBK1'(?#:6RQF +8/C1+FB?g[3
+ ^hJB)))3 {)|}1~(.'()f5=``153()K h?'/IB)= R8()9:$%.1#N MB?()C dW'()C 7()J(M1R'()*

+())K,QF,'B3'@31+BS()<3(K1+, ^e)f,8F,4`1'()* +'B). +5)C #?4F()3 @)3 5)3 WB)? +5)C
\())S(*1H'B).4B.1()I,''8[K1()?R81€P[)S #.B?q()M ()&R[C1'()KB01+u$%)= #K5KB). F()6(M
5))3 /-N
M())3 t()).BK(?#Iw(=qPQF B)).R81+())0QF1F())6(M1WB))? #I()))?;?[S(K1()%.1,'()* F()3(M
oGN
M,8(K1,'(IR;31(&R[C1'(KB01+(KP@31#0F(&F(31#I(?,'(*
+(?#I(?BP[S1'(*1HH(?#K,'‚1#K(?,8FB?81,'(?#I(?BP[S1'B0(31(?(KP@31'(*``
()))&R[C1'()))KB0'(M1#)))N
M'/-.1B)))I G)))3wB31d$ƒ)))3 7R41R8+5)))C #)))IR41F())))6(31G.R/IB.())K
WB)K,FB3'FBK1#.;.B)C[.1 531+(.RF'/:6,81'B6B?1'(*1#.BK(c'(M1d$+[K(. (.R8R8FRF(r

())0QF WBS())= a))%<S1,'())I,''8[K1#))IF/K1^^RFR4``1())3 [))IR''81T'/A)))f5„$%MR/C1+B:)65SBS1

HL[J,8
 ./0123$45,+67 …
'())KB01+B:)))6,'1+5)C531'()M(J1F()= ()-./01Th$?[<$%-)f(.1>)$%I1WB%S(YF()6 W'R[).PQF
^^(?B.1>$?F1R8(-?81#-$%M(J1#.B.R8F'/:6,81'B6B?17(J(M(K1#I(?5C1+(&R[C
o,'(<6[&,818F/K1#.R@A<fPQF(M1FP41(S'B01F(3(M
+5)C T+8F/)K F()6 ()?Rg[$%JF,'1+,FR'q81(:C()6 ()A$%:K1L()* ^^#.‚B*``1#01+B&(M
†8[K1h3'F(61G31#-$?'Rx$%J1#‡r/.
j))-%O_``1'/A)f5„$%MR/C1+B).R41+()K(Sw,'1U,'1,'().BS5C1'B0()3 h)S +()K(SN ‚,'
'B0())3 R8t]ˆ!l! #N MB))6(M1dR8+())A$%:K1L()))* #%K()9$%&1+^` ,QF()&‚(M(K1T,^^iFB)_
o,/%6'/.1+5C1+8Rq(.'B=1531,'(?5C
‰B)))?B.1B)='B*1#K(?(_()EM(_1()A$%:K(K1h3B‡N
M()J(M1‰,F()} #.R@A.,'BC()K LR/%=()3``
781d+'B-))fRQF #K()?(.'/b1():$%3R[K1dWBy)%Y1#.B)K,'';<?41()M ()Z.BS41F()6 ():$%3R[C
+(?BS1(:$%3,81G31\(31G31#$%M1#3,F(}1+(.B„A$%:K1de$%3TR8+F,'F(&1#:6RQF(M1+456
W,8,81WB9%&1WBK(.B:6FB%.R41d75-f(K(K1pQF(J1\,'(M1H#S(CF(:S(K1d#6(?BS(K
^^G31R[6'/.1#.B‡N M(*(3(K1(-$%A$%:K1h?ŠfB31(S(=F(31L(*(K
o#I(?/%6'/.1R81\(-?81#-$?u$?'RF(&(M
'()* ()?(=1+,'()* #Iw(6,8(K1(‹4B.Bf1+B?BS1dp',81#<?F(_B*1#3,F(}1#.BS4``
^^ŒG31#I(r,F,81dp[-3u$?/JQRF1G&1+(?#.B‡N M(*1,4BI(31,4BI1,'R[<$%=R81,FR'q81(.B?(3
'())M ‰,F())} #.B‡:))9%.1#.BK())Z.B3'B.(31,@}B))f(K1''QF ()))S(C,81\,'()* WB)E?8
'/A)))f5„$%MR/C(M1WB)))?#?B34P@&1,',QF/J/SF()))J #:)))6(31N ()))=(31W5))))0 R8(:C,'F())6
o Ž$%N
M,81#IF/K(3H1,[$%*1BI1WBS(S(*1H,''8[K
W5))0 ,'())?#.BI,F,;S(K1L())3 ','())KPg@&1()).BS41L())3 T'/))3 [))?'415C()))M #)<S1+()*
Π,'(:C(6 ,FBK1L(*1(?R81pg[_1L5C1+8F/K(3
oŽ<$%r(0R81,FB%6[&1L(*1,'(.R;?(S1+F(61'(M1p81e6,8(M1L,;.,'(*1F(=1[IR''8
H^^HΠ+@Z3F,'1N
k1L(?+FB?81L(*1#.501W501G3,8``

#.‚B*
ˆˆ]‘]
 ’ !"#$%&'$()*+,*-

9:;"8<=#'

“))))%_5I``1‰,F())} +@))A.,'BC1dW4())S +B:))65SBS1())K +())C[.(31())SB.1'())* #))r,8

j))))-%O_`1B:))65SBS1'/A))f5„$%MR/C15))3 ,'())A$%:K1L())* #)).'/0F,81+()).53(31^^Ž))%-”R
o,''8FB.1+^^iFB_
L()))* +(:))))65&1#I,'R'())I(31B:))9$%=1ŒiFB))_ j))-%O_1B:))65SBS1Lu?4B))* #:))6P8``
L(31ŽKF,81'/31+g[V&(.17(=1^^X/J1+R'B*1RFR4``1,'(C[.(31(A$%:K1L(*1QF(S(M1L(?#.B?(3
X())))3B3(M1X())K,FBK1TR8 Xw())=qPQF #))$?/.1+@))3 'B<$%&())M 8[))K 5))I +())?,F'(J1())I(SuC
#<$?/))f e))E?/$%&1U,'1Pg[S())* T#3,F()))} #.BS4()3 ,'().BS(=F(31,F5)Y '()* #.Rg[$%)JF,'
():$%3,81e:)6,81G)Y dG3,81Š.R4F8(r1'ŠK(S(*(31'/IB=R81+FBJqPQF Lw(3HHp'(KB.F,8
()K oQF/)J ():$?'(K,81ŽN
MB?()C '/IB)=R81#.BK,'(). ',F()3 R8(IB61L(M1H+F,'(:C(31+(?BS
dG))65S``1#)).'/0531'@))3 +,/))%S1'F()))3 ()3 WBK()?#Iw(=qPQF ()•BS,81'F()6 ‚ '()S(M
()).8[K1+(.RFBKB))f ,F5))Y '())* X())K(S(N M(r1HG))3,81())6(I1()).BS(*1+()))Z–$%31'()9:$%.
tWBK(:)f 5)3 WR81n.F()6 +4R/$%f(Mt,',[$%MB*1HXw(=qPQF #.R/C1(<?[$?81F(61#.R/%S
[IR''8d())?(.R;.(v5=1#K())?,'(.RQF(ZN M(=1,FB))K L()))* HL()K,81+8()3 ,F'()J #)-$%.RQF5J
a%.BK()))))6'/.1''x))))$%S1B))))6'(*1HG))))3,81B&F())))3 R81‰,F())))} +8B))))f/JF(31+,/$%0())))M
L()*(K1W()KB.1\5SRF()_ ,'()* LB%<N M81\,'(MHH,'(.,8,81'B6B&1#.BK(?5=1dT—F(S/M(=
'()3 #:)E?/$%&1FB)Z–$%=1Xw()=qPQF H()?,8FB?8'(*1#.BKR[-)fB*15=()M (-$%K(?15I1+,FBK
+u$?/JRQF()3 WB‡:)E?'G&1FP41'R'()I #?[?q1#-$%fQF5f1#.8[KB&F(31531\(‡$%*HH(?,FBK
#%)))EC(f1+'R[<)))$%=R81#S()))=F(3(K1+()))fQF5f1'()))*HH())))?(.B?#?B&'F'(*1,FBKB))f'(*
e:)6RQF #?B34P@&1'8''F81,'(?#3,F(}1#3,8(*1dhS(M1+;%*1Hp81R8R''8(31#Iw(=qPQF
H$ƒ31\(-9$%&

>&?@3*A&)7B
 ./0123$45,+67 

CDE 53F(-*3134
G#"#2*!H#I
J#&/*K#"*#"(B*!L%&M"*F#NO#,7"*!L%&M"*#,#-
#$M%&/*P2182;)

"
!"#"$!%&"#'(
!)%*+,-.'/!0'1234*)
7()= B)%01',F()3 de)9$%=1GY()3 +()K(0B?F,81dWB‡:)9%.1 R81ƒN MB61#61#.(S(I(M
dW''F,81+FB)))3BI1T;))).RF,4/J1,','())).8[K@31d+@J())))f5J(31#r())3,QF #N MB))6,81TB))9K
''QF d+QF())&RQF +()))KBJ'(C(M1R81W'/)3 ,',qPQF()M WB)%-$?qPQF HRQF5)J #I,'R'()I(31#YRu%)S
o4RQF (I'(K1B%N M(J(M1'B:6,'RQF F5C(M
#).RF'/.1e-)9%I(31i()K ()?R8,'(M15)I #)?R/%=1\5)C Œ(K,F'(J1,[$%:6(*1pF(*t
(|fB*1dL(K5N M(=1dL5C1F(J(*1HH#$?817(=1,'(S(K(I'(-f(*1F(6(31d(N MB6,81HH1†G3(.
pQF ! L())* e))6,8(M1dW'/))3,81/))K d{)))f e.BK()?#KB.''QF ,4F/)J T()?B.B3(.1L()K,FBS
h)?'/31e<IB)= 7(=1#.R'QF,'B01t>$%.B<?(A61'/S(=1(‡$%*1Lw(31H+'/3,81FR41$#31(.R/$%&
+5K'8[J())3 ˜.()= W5)0Œ,[)Z31N k Ž)$?/J,81Hh?()-31N
k e%?B)34P@&1dh?4B)<31X()KB0(3BI
HH (K,F(J(.1#‡%?B.R81+,FB01R'B*1Ž9%E_(.1,'(IR8,81“$%*1+5C
 ˆ !"#$%&'$()*+,*-
WB?#?,;<))9C(31#.RFB))3BI1,'())<3,81WB))& R81ŽS,8F())3(M1+(.B:))6,81'()))* R/)K +8()*
dh))$%31™?())K(31,'().B?5C1#:$%:$%)f(31()M(JP[S1'()* #.B)?B.R81B)6'(*1Œ†Lx)$?g[31R8F()6(3
Hh31WRF(SBK1,'(.BSB6(31a%.BK,FRq(=
5I1U,'1T,'(IBK,81šBK(CB.1',F(3(K1(?(IR'B*1'(*1(S(*1ŒF,'(.4(C1+,[$%:6(*1+(*
+[)))J,81X()))K(?#KB.''QF ','(:%3,8QF5)))f R81WB)))KB?F,81+/?8'()))3 >))))$%.RFR/$%*1'/S())=
dL()))-315I()))M 'B)))0 a)))%<S1G)))3,81tWBy)))%Y(M1,',FR/)))C +/)))?81'()))* 5))))3 ,'()):N
M5K(3
#$%M1L5C531G3,81T,'(S(K,81$#I1R81WB%K(I(M1+(?R/C1d>N M(C1'(*1#.(I/J(3HH›/?8'B*
HŽ$?qw(=
78())M U(?())E$%N
O31dpqQF,81N
k1#)).R',QF +'Rg[$?4()))K HH()-31{?()K +()6BK(M1#?B)34P@&
#I()))?#K,F(J1Œ(?()))6BK1'()))* ())).R'g[31HHG)))<$?x&,81R;<?F())))3 +5))6B*1F())6(31e%))f5C
())Z.,F'(31H,'()IR817()= F()6 #P[S()3 #I()?#K,F(J1\RFR41HH,'():$%N M/|N
M(=1,'(.B)E?8
H'/3R'B*1/?8(.1531\RFR4

Q
>$?@))& p'())M H'/3())). i()K #)f'/I1(K(.B:)6FR81(:)9?(JBI1TR4R[)IR81,'B%0()M RFR4
#))$%&1d#S,8F()))3 ()IB=1R[$%)C T$+F,81,'/AIB)= \w()& dB%J()<31p;.()= 53()K '/)3 R;?()&
oX/J
H#.15SB.1#-$?FR/A$?F1R81hS1#?F,',@3(Mt
o,','/017(=1$#I1p';31+5C17(J(M1U,'1BY'(*
+()Z–$%31R81+Pg[S()M Lw()3 8F'/)3RQF ,'(<$?/)f L(M1(?R[3BK1L(*1F(=1G3,81>$%NMB6,8t
ŒR8#$%<$?'8(M1U,'1#I(?5C
/%))f 5))3 ,'())I(K,[JB*(31B:))E$%*1+()))* HHB)%015)3 X[ZN
M()= eI(K()9$%S(N M5C1B)6'(*
HH†,'(%$?QF(J,8
†#31#<$%6@ZN M(=1[JB*1+Ru61#f'/I1,'(:?(KB.1œ615I1pF(*
+FB3(K1#.BK,/$%M/VM1,'(*1#I(?#.BK1,8F(Z$%31,'B01,'(*1Œ,'(‡%6B. '(?RFR41,'(*
Π,',F(31(:$?81,'(.RF(K1BS(61+'BZ.(=(31G.BI,'(*# ,'/:9%.(.1N k1WB?u$%31'u$%r
 ./0123$45,+67 ]‘
Œ,'():?'/3FR;$%31 #:6RQF(31RFR41T,'(I,''8[KR'B61+5C1#E_(.12,'RQF5J1RFR41#‡V%3
†(%01XFBK1,'(.BK1,'/I'(C1>?u.(M1(IR'(K
T,'()))IB-3175K())M #))6F/r1+FB))3 \B))?F,81'B))-3 B))?F,81#))‡r/.1+5))C >$%K())? U,'
,FB)?81H+()K,81#.B-)f'1()M ''QF Ž)<%31X,81R'()* #0()K sB?q,81R81#%-?F(I(M1X5C53
G))3 >$%)))6(K1F()= +F,8F()3 e)6,81d+()-31a)$%K1R8+',41F()6(31X5)C #)OS1():K,F(J
H,'(?#N M5K(31p[Z:3
Hp',81\5C1L(K(M(ZS'8F(S1#:6RQF(31oXB=1Lw,'(31#$%M
L'/)))3'/31()))-NM(C1'()))* #%:)))E?'(f5C1#)))‡r/.1+,'())* F())3(M1o#))I/J1B)).R8 +@))&
R8R/))C +‚()3 L()K(?1)E?'(f5C1\B:)E$%*B*1T8[)K ()N M(Z.(Y1L()M L''F1+@J()f5J(3
p/))3 Ž))f5C1G))IBK1F())= T,'R'())IB.1#-$?F,'()).'/31€P[))S h))S +QF,'B3()))3 T,'()I,'R8B3
Hpq/K1L,81+(K(?#:E?'(f5C
,'()* 5)3 B%.()I h)S ŒB)K,815)3 e%:)E?'(f5C1 #6B3 GK1B:E$%*1o,'(?R81#Sw,'1RFR4
HŽ9C(A31$ƒ&1WB?,'[61,'(?+FB?81(31TŽ-N M(C1#:6(3F,8
d+[)Z3F,'1WB)%$%M1 (6BCR'15I531Œ#9C(A31$ƒ&1WB%V%=1+(K(.1o#I/J1j?;r1+B.R8
'()M TX5C1#f(31#.8[K1#.(C1+RQF,F(61HH1,ŠfB31WR'(*1531(S(*1T+(-31WB%K'/6FB3
BY'())* W())-31N k XR'R81,'())9$%&(MB31s'/))3 a%<%))9C(31+FB))0B. F())J(*1H,[$%)))3 '[$%)C
H(-31$ƒ&1WB?[$%C
B)6'(*1;.()S',[$%C(‡A31LR81#)$?F1L()K(?1+FRq()= dL'/)3 FRq(=1,;<$%=1L5C(KtoRFR4
HŽ9C(3,81XRF(3
o #I/J1,'(:N MBJ(31'BrBr1(?R81j?;r
'())M œ))6 WR'())* ŒW[))Z3F,'1N k1e.BK())<%ž(J1())-31WB))?+4RQF ',;))3 7'())= ())IR'(Kt
WB%IRF()3 WB.BS()‡$%*1W()KB.QF,'B31+;)%*1HHW'Rg[)3R81 (.B?#.By%Y1L(M(K1,'(.(K,81(.B6(K
#$?/J())))M ,'())):$%<$%y31N
()))= 'Br()))f >$%)))9$?'F,81R81LBr()))f F()))6(3(K1HŸ)))9C(A31$ƒ)))&
dh))3,81())N M5S[J1WB%.BKBJ'()))C F()6(M1Œ,'():$%Z.F4,81@)6 #K()?(&[I1R8()K(M(ZS'8F(S
toh<$%m0,81,',FB%6[&(3
ΠB-31a$%K1+5C1p/K1531,481'(*1G3,8
5)3 T()NO$%=(S1GY()3 X5)C #<$?/)f R8(N M(Z.(Y1L(M1T,'(:%A31>?u.1(-NM(C1'(M1+(K(.
#3B))). +4RQF ()?R/JHHR81WBK()N M,qB*1+BJQF,'()M t()M \'/)S/N OS15)3 ,'():%$?QF(Z31()fB3R'15)I
Π(.R;<N MB31'(M1#31>$?F,'(M(&1d(.B0F'1'(M1#31>$%0F'1hS1U,'1\5I
 ]] !"#$%&'$()*+,*-
†(%01R8(N M(Z.(Y1L(M1j?;r1+FBK1+F(*1o#6[&1RFR4
WR/$%.(M1L5C1+4RQF R81>$%N
MBc(MHHŽ<$?q'‚1WB?,81','(b5=,81WR8''[61ThStoj?;r
d WR4RF1()3 (-./01TšR4,81R/C1+[$?x31(.R[K/f(31L5C1,'(‡V$%&,81R81WB?[J1dŸ.(-$%&
Rg[)f,'(*17()J(M1HHL()K,81 LFBJ8F,'F(&1+R/C1#9?B:61Ÿ.(C1dh?g[018''[61dWB?[J
H†(%01#<$%=,81WBS5315I1+(?1+FB?81'(* +8(*
o#I/J1','(?+'(.R81j?;r1531RFR4
k1e-$%:)))f U,'()). ,'())‡K(:31e))$%M1R[$%CB))3 T,[$%))3 N
N  1L4R'1Œ†#))S,;31e))%01pF())*t
HWR4R[I1>$%M1,'(<%.(-$%&(31R'B61''81U,'1(Z.,QF L(31B*1HL[Z3F,'
o#I/J1R8+5C1#N M8(M1,'(?BS1G.(I(31RFR4(K
+[$%C())3 (<%))9.17())Z.(Y1+@))& L())* ())?B*1Œ(?,F(S()))6 '[?()6 #-$%:)f #:)6RQF(3
!
Π,''8[S1(?R/C1'(*(K1,'/:E%31+(.1B:9$%=1#.B%J

t!t
FB))f #.R;?())S R'())* #)):?81,'())K(NM(Z.(Y(M1>$?FB)))f >)?u.1(:)9?(J1RFR41R;-$%IBK()M
dp4())3,8R81>$%.R'())NMB&1())K ,'/:))9$%=RQF WB))?QFBY1F()3','(M14()S/I1T>N
M()C(M1p81+()¡
oR81+(AI/C1'B:6,'RQF R8(K(I(SBf(c1/$%.(M1\RFR41#<$?F4(S,8R81+FB?1'(S(J
B%.())I #?B))6B*1+P[))S Tš())?(Z3RQF $#))& WB))I^^wB))3 #))P[S``1#N
MR'())= L'/IB)))= h)St
#$%M())K ,''8[)))K ,8B)SB*1WB):%01,/)$%*1+()*HH,'(?''F()6 ()<?'(-31G)3,81'()-$?F,'(.'/3
†W'(K1e9&,'
()<A31().B:K,F(J1',[I‚B)3 #$%M()K ,'B)<$%=1 +8(31+5C(M1#-$%:f1>$?F,'(.'/31'/S(=
+,'())* #IB3()M HR;.B)9K1dWR8RQF5C()M 5&()f ,F'()J +'wB)f ().(¢,F(J(I1d>$?'B)Su.
pF()* H,'(<A31R''8'F(317,qB*1#CP81531(.B:O?(S1TW'(-31€P[S1+''F(61W,;31WBK(I
†+FR4(SF(f1+(?BS1(:$%3B.1+53 G31€P[S1+R4'B=1W'/‹(S1(K

WB)?HH#)<$?[S,81 U(?R/C1£1+5C1+(I/J(31(9:$%.(K1Ÿ.R4,81‚'(S(M1H(S(K(?1+'BZ.(=1(S(*1 !
Œ†,'(:$?4P81#31R81€P[S1+8By%.(M(K1,'(:$%A31U(?R/ C £ +''QF ',F(31(_'/6(O?(_1L(*1G3,8
R?&S)TUJU
 ./0123$45,+67 ]
WB)I5C1G)3 G.50F()= T()M(JP[S1+QF()&'(*1 '(.w(S[K1+QF(mS(*1,'/I[J1WB:K(?(Z$?QF
R81\''8[3RQF())M HHh.BK()<%S,41()S[K1+g[)&'Rg[&1()K ,'/)I[JRQF1(.BI(¤%)6 '()* +()3F'4(3
'FB)))))EJ(6(M1R81#I()))?B.'/‹(S(M1€P[)))S \B:)))E$%*BI1HHW'/)))3 W'/‹()))S #¥/I()))M
ŒŒ,Š.(6,QF WBK(.'/‹(S
F()))6 ,'())):$%0B.(K1'Rqg[))))0 G))I #-$?F,'()).'/3(M1())?#:?[31R8#?B.R8())M WBI())<?FP4
,'()):$%A31€P[))S L())KB.R'R81H#?B)))SFBI1dU,''QF()M ()K(?,'R@JHHWR',QF d>)$?QF1#K()N
M(0,QF
B))IR'1W5))0 HL,8,817())= R8p/J()))3 WB)ItwB)3 #)P[S1#Z.B)3 L'/IB)= HU,''QF d#?B)SFBI
wB))3 #))P[S1WB))I5C1#:))E?'(31())IR'(K1T()))?+',4(M1\wB)3 #)P[S1T()?(I/J1',FB3()r(M
H(<%S,41L(*1#.B%J1'BIR'1(.(-3
R'g[)3HH,'()<N
O$%y31+',415)3 WBI5CQF()S(M1+()K(?1+45)6 N81o,''8F'B=1LB.B=1Œ(<?R[3
WBIFBAI())<S1+',41F''q15)))3 'B)9K1N ()= +BS()IF(31dW8[)K ;$%S/*()3(K1W()K(S1().R'(*(3
BY'()* HH,'(.'/)6 WBI,81[=,q(3dW,8,81'B6B&1531WBI'B%f(.1dN Bc(S1(.R'(*HHW(K,8
WB))?[=,q1())).R'(*1HW()C,81'B0F()3(M1WB)?q1'().B?,',8[K1()S(*1h.R4(). #)$%M1dh).Ru31#)$%M
+',4()MB31+;)%*1HH,'';.B)S dX(K()f ,/$%&1WB?1+',41HHWR81w(.B%J(M1','RQF(J1'B.(=(M
HG31FB31(K'/61dh$%.(K17(=
H8[K,81#f(M1+[?(61(.BK/61WB%J1WRFBY
WB))))%J1HR;))3 (?#I(?BK'/))6 '())* #%I())?B.4(S(31R8'())S '/3()). ())?+4B.15))C B))6'(*
,'()? +;.()¦R'B*1'()3 #).R4,81+R'1TG)3 #)6[31d/)$?481dUq‚1'/)3 ,'(-$%f(M1#IR'B*(3
t\(.B%J1'(*1HG3,818R4B*1,'(:$%N M/Y,81R8#9?1F(6(31+(?+',41'(*1'(f(M1(Kq‚1'(M
G).R4,8R'1WB)%J1()Jq‚1H,/)$?481 #K(?(N M,/?F1te6R/C,81+(K(f‚1531+,'(*1#<f(0(3
Œ,'R81B.(&1R8+5C1#?@J1eC(61dL(:6(M1+(K(?#I(?Bf5C1+QF(&'(*1(K
h.()?(JB.RQF WB):$%&1WB:.BK()f(M1+()* †()%.1 (.B%J1'(*1U,'F(=1WB:.B%J1(?R/J1Œ(<?R[3
5))3 n.F())6 ())K ())f(.'/31#?B))3 5C()M '()* WB)E?8HH+QF5)fF(61d#C5N M()&(M1Ÿ:?[3()K
†$#9$%K,8RQF ,'(<IB=1R;$%&1#?,4(3
,4F()3 #K()?B?F,41():$%3'/31>$%)6(K1F()J(S1>)$?'‚5J1()f'(C(M1 (?#:?[31(P[S1L(*
HG3(.1a%E%&1dXR;31,'‚5J1'(*1#.Rqg[$%I(31pQF1#.R/I,81BY'(*15&(f
†(?GK1wB31#P[S(K1h3[$%_
 ]! !"#$%&'$()*+,*-
Hh<$%-<C,81R;$%I #.BK(?#I(?BK'/61R81#CB.(M1d(?(?B?F,41'(*1F(=
"
Œ†$ƒ31Š.4(S1(?B6RF(61'(M1U(?B6RF(61(.(Z31WBS(I(31B?B*
()K +,'()* +R'81HH#<$%:)E3QF/J1R81WBI/$%.()M #<%31U'/61,'/IB=1,'(*1#IBK1B:E$%*
7()))= X,[_())). d#)))6F/r1,FB)))0 ',F()))3 WB)))I #I(?R;<)))6(&1d\5))))= U,'1WB:))6'/SB.
H,'(.RQF(J
d+QF5)f F()6(M1()?#:?[31B%.()I TŸ.(_,F()f '(*1#:6(3F,81oh$%N O31(.BI5C1#:C,'
HB-31WB?q1+8/C1+(.BKB&1i'/SB.1G3,81R81>$%IBK(M1T#<S[r1d#C5N M(&
#))KQF'1F())J(*1Ž)%.1šBK()?+[?q1,u$%)= #:)E?B3F,81oG)N
O31d()K(?F(=1().BI5C1#):C,'
d#C5N
M()& d+QF5)fF(61()M Ÿ):?[31a%.R'()* B:)E$%*HHG))3 #6[31(K,[$%f1W[J(.1#?B.R8
H#<S[r
>V<?g[&F())= F,'8R812Ž))%.1Ž)))?F,'18R81#:)E?B3F,81oG)N
O31'()K(?F(=1().BI5C1#):C,'
HG6@JB.17(=1dpx$?'B=,8
'()* F()= #?,4(31+8(*12Ž%.1#.B3,[y%S1#:E?B3F,81oGN O31'(K(?F(=1(.BI5C1#:C,'
B:))9$%=1RQF \,'())* 7()J(M1†pF8,81()„$%SFR/01F()6(M1#:)6P81€P[S()K ()%.1,^^£B)C``
HL/?g[3(.1#N M(=1(0BC1'(*1F(6531L(K(?#.B3,[y%S
W'/)3,81N k1Ž)$?/J1+45)C HH†,'R;N M()= 5)3 WBI4R'()Z.B31','/)I/J1 WBI(S(*1+(<$?'1(?B*
Œ;.‚'/r1WBI,81,'(.B.'/b1L(3(K
U()))))). WB:?4F())))))3 X'/M())))))M ())))))?#:?[31G))))))<$?g@r,81R;.B)))))))§B*1F()))))6(31+,'()))))*
HWB:%&R[CFBK F(6(M1X(A?BI(31WB:.'/3F(I(=1(M1(?#:?[3HHWB:?FBK(N M(=
+(?#:$%)f '()* R/)KHH,'()IBK,81 WBIxKB&1dpx$?'B=,81531WBI(.BS41+(?(mN OK1'(*1R/K
Π,'(:$?[J,81WBIR8
Hš(?(J,8RQF $#&1WBIwB31#P[S1#N
MR'(=1LBI,'(*1B*t
H(?(?#I(?B:$%f1'(*1F(=1'(?(?(E$%NO31'(*1F(=t

N ^^B)6RF(6``1 ,'(S‚(31Hh<$%=,8FBK(3531+^^'/YF(&``1F(6'/.1p;.(=1H,u–¨©R1o1B6RF(61 "

k
!/V(- HG31>?u.1,'(?
 ./0123$45,+67 ]"
'/))))3 ,',4F())3 G))Z.,8 R8())K,F,'BS(Y1/$%.())M T'/3B:))6,'(.1WR;.R'8())M RFR41B:))9$%=
o#I/J
()):$%31'B)))CF,81+5CB)3 ()IR'(K1H().B§(31WB‡:)E%31,'()K(.R'(N MB&1+,FB3()M +,'()*``
^^WBS'B0F(3
#.BK())?+FB?15)))3 WR'()N MB&1BY'()* tRFR4! ()3(:NMBJ1dŸ.()-$%&1+,QFB)= ()?R81()K,QF5&(K
HŒ,'/31'(*1F(=1(K(6B31'(Er1#I(3B3(K1'/3R;f,QF,'B31'(M1T,',F(31(IB=
o#I/J1'QR[$%J1R8(K(=P[J(31#-$?'B01,'B6(&(c(31RFR4
F()=HH,'R[)K N
()?RQF R8wB31#P[S1'F,'(.B%J1WR/$%.(M(K1(?(:?[f1'(*1F(=1(?P[S1L(*
H,'RF81U(I(f1R8(C,4P81d7P;.,41F(6(31(?(_B.(I
R8B))))))Z$?QF #r()))))0(M1,'())))).BSHH()))))I(K‚(_1F()))))A.RF(31#:)))))6B*15)))))3 W'/3QF()))))& G)))))I
R81U(?(:)E$?'1'/S()=(M1TR8,'().'/34(J1 \B&(M1T,'R''81531R8,'(.R8QF'B*(MHH(?#6[I(S
H(?R8#KB<6[I(M1'(?#6[I(S
R8'(M1+,'(*1T(%.1n.BSB*1',4B3,8F(31€P[S(K1,;.(31,'(*1F(6(M1€P[S1#I(?RF'(J
H,/?8'B*1#K(?56B*1'(Z$?QF(K1(?,'(*1F(=1p'(K,8178F(3
5)3 '()%.1WB?()-?81#žB)SB*1WBS(). ()M (Z–$%31R81WB?q(M(K1h$?',81\5C1L(.R'(*1hS
())-./01())).4(S1WB?#I(?BK'/)6(K1h)$?',81\5)C L().R'(*1HWQF()&,81$#)I WB)?q1+/?8'()*
WR'())K +@))I U,'1ª'())f '4R'())K e))$?',81\5))C lL(.B?B:))6F(&1'())* Hh.4()))S WB)?5C
+R'81,'(K,[$%:)))6(*1/?8'()M h)$?',81\5)C L().R'(*1F()3'(*1+F()3 5)3 B)K,8G&1WB?()I[_
TR;)3 WB)%N
MBJ1W8[)K eC()3 5)C 5)3 WB)? B)-31 WB%Z.B31WBS(.153(K1W'(KB.1>$%:f1#?FB%.R4
():$%3,81()?+',41L()* WRqPQF()M pqPQFB)I #.B)3F/r1().(K,81 +',41531WB?5C1+8/C1(-./0
HwB31#P[S1#IR@S
+R''81()M B)I G)3 ,'()?+FB%.R41 #fPF(&(31d+x31W'/3[$%_1531p',81\5C1Ž-$%6(K
HR81ƒ.'/3R'B*(M1,FB%.R41#:6(3(S1(S(*1H+x31wB31+'B%&1+5C

M,'B*1o;A¨:S1T;3B}1~B:6F(&1 l
HFBK(‡:EC1TB.R/ItŸ.R/I1TB.R4tŸ.R41+x?F1,QF4(31(?RFBK1+'B<N
!/V(-
 ]l !"#$%&'$()*+,*-
'/S())= dG))<318B))%<31wB))3 #)))P[S15)3 7u.()S(K1p',81\5)C Ž)<$%=R81'RFB)K #)6(K
())))S(*HHG))3 R81+4R/))9$%&(M1'B))-3,8BSB*1'())* 5))3 F())= +',41F())6 #))K,''QF 'F,'()).B%J
HR8#.'/3R'B*(M1,FB%.R41#:6(3(S
W'/)3 BS()IF(31#)9%I(?R;<6(&1,u?4B)* ‚(M1#I(?R;<6(&(K1p',81\5C1L(6(K'(*
H#I(?#.BK,''4,FB*1#.qB*@I1(K1W'/3R'B*1531T,^«/‡J`
+5)C #E_(.1531,'(IR8(.1{J1>$%-E?u&1+5C1#.B%J(M(K1p',81\5C1L(6(K1'(*
H+5)C ^()O%V_`1#I(?R;<)6(&1 531>$%.B%J1(IBK,81+5C1#KB&F(6BI1,'(IR8B31,'(*1',F(3
HG<$?FQ(&,81GI1R8pQFBf(31#.B%J1(Z.,QF L(3
L())3 G))<$%=,81>))$%&1#.B))K,''4,FB*1+5))C #I(?R;<)))6(&(K1p',81\5)C L()6(K'(*
H#I(?#.B?q1+,'(.'/31XF/K1','(.'/3x$?F8(M1+4(c1(?#I(?R;<6(&
'()))M ()))-./012G3()))= #I(?R;<)))6(&1U())))?(Sq/J1p'())?B.1p',81\5))C L())6(K'(*
()KBI1T()?R81+;<)6(&1''8()M ()K +,'()M ,Š)& (?(=1R8+;<6(&1U(?(M1+,'(*1R8(?(Sq/J
HG3,81e6,/?(&1R;$%I1#.B?q1'(K(?(|N MB*1^a%K(?1+;<6(&
iB&/))6 d\R8B)))& +BS()I(31d#I()?#.B%J1+,;<)9C(3(K1p',81\5)C L()6(K'(*
H+5C1#IR41F(6(M1BKB.1,'(.BS5C(M1@31'(9C(31(9%S(=1H,'(IBKB.1+R'R81d(?#.
U())))?BZ%.1,'B))S 5))3 R8())N
M'BI1#<I'())K ,F5))S #IBK())M(K1p',81\5))C L())6(K1'())*
+()?R[3BK1'()* +().'/b1H,'().BS/J1():$?'(K,81,'(:)6,81+u)J +5=(31G3,81FR4(SF(6
H(.'/3R'B*1(M1+4R'
$#)I +()K(<$%NM(3(M1 +(K,FBK1WBfB&1dR8,81h?[JB*1#<$%N M(3(K1p',81\5C1L(6(K'(*
H(.'/3R'B*1(M1+4R'1\(?R[3BK1L(*1+(.'/b1HpQF(&,8
B)))K,81(<%)))9$%&(M +[JF())))3 'R8,81'B))6B&1(<%))fB&1+FB))K p',81\5))C L())6(K'(*
WB?4R'()K ()?(.R'(M1a?'()* Hp[$%m)6,81 +5C1#_BI'B=1+(N M5I(31+5C1,FBK1'(31(-./0
H(.'/3R'B*(M
+FBJ8F,'F())& 5))3 #:))E?'(f5C1+QFB))Y ,'()))?#?(OJ(3(K1p',81\5)C L()6(K'(*
HG01U¬%=(31+,FBJ8F,'F(&'(*1#v(C(31(K,F(J1(IR'(K12R8,81+5C
 ./0123$45,+67 ]…
(K'/)))6(31B)6'(*12#.B)%J1#CB). #<?[3()3 B)J,81p/)6(K1p',81\5)C L()6(K1'()*
F,4/)))J BIRg@)6 F()6(31#)Z.P8QF81G3()3 a%S()* #.BK().'/b1HHG)0,81/$%.()M >)$?'R8''QF
HW(K,8
BY'()))* HG)))3,8BJB*1G)))3 +5C()))M dBK,8F())))6 #))E_(.(K1p',81\5))C L())6(K'(*
HG0,8R;$%I1dGf,',8R81R8+/$%.(M1dG3,81@J1(S(=1>$%:f1'/S(=(3
():$%3,81#-)9$%S1 +(?,8RQF '(31HH,8R4B*1#N M81',8R4B*1#f5=1p',81\5C1L(6(K'(*
HG.,81,/$%&1#N MB&1WBS(.1',F(31#9%N M81HH#N
M81+'B.(=
,F'()))= '()))M B:?())))& B:?())& h))0,81(.B))6F/r1())&5N
M81'())M(K1h))$?',81\5))C L()).R'(*
())CB¥(01#N
MR'()= a)$%&1','()I(.'/31aC()3 ,'()-N
M(C1F()6(3(K1WFB)3,8R81,'(.B)f,QF
+())&5NM81'())* Ž))<SHHL())K,81WBIF())3(CB31(|))9?[I1,F'())=(31Ž))<S1Hh))3,81/?8(). dW,8()*
š()))?(J,8RQF WB)):$%&1,',8q/S())3 +(?(|))9?[I1,F'())= '())* H,/?4())3R81,'())f5&1e))9J(M
HwB31#P[S(M1(?#:?[3

l
','()).Rg[$%JR;$%&1+'B))0 W8[)))K ()K(M(J1L''8F()S 5)3 +(.B)Er1'()* RFR41+,'()* \B)&
o#I/J1R8+5C1#N M8(M1H'/31XBS'g[K
'(*1#.(?Bf1Ž%.1\(Z.,81'(*15C1ŒW(JB.1#$%I1Lx$%A?,81+,'(*HH1#.'/I[J1Ÿ.(-$%&
HG3(.B?1$+/J
(:)E?/$%&1WB)? †h)<$%=,8RQF ­)E%31'B0()3 WB?5CBI Ž<CB®31WB?(-V$?/J1p[K,81(?B*
())))S(K#31,4F())I'(31a))%<S1W,8,81N k WR',''qPQF 5))3 n.F())6 W5))0 WB))K,FBJq5SB*1U,'
Œ†B?F/=1'(„%f
WB?(?+4B.B)f ()?BS1 '(*1G3,81HHW(-3,/$%&1+4B.Bf1G3(=1WB%-$%:f1(-N M(C'(*1G3,8
HΠG31#0
(.R/))f(M1G))& #.B))?5C1/K,'B))I 2W())K,81[$?8'B))). ^e$%.B:)6FBf`()3 (:)f '()* ,FB)?8
+,x)))$%31R81WB%N
M()))J(M1L())))Er1#.B%S())M G))IBK1())?,'(*1F())3(M1F())= HHW[$?'w())= WBK())N
O$?'
 ]’ !"#$%&'$()*+,*-
#))6B31R''8'()))S(M1()IR'(K12h)3,81WB3(). ','(<S(N
O)6,8 #)$%M1WR81R8p/J()3 Ž%I(?BK'/)6
ŒL(K,81531WB%.'/31#?B35C(M1d+[•B*
TL()K,815)3 WB?()Er1,'()P[S1R''81+,FB3()MHH,',F,'()).'/31h?ŠK/61+,FB3(M1+;%*
()):$?[Z31>$%žB))SB*t,'/IB))= +,'())* +,F())6 €P[)))S o#)I/J1''8[)K F,'BS()Y(M1+''QF
G:)))f #I()))?,'(*1#))):C,'1G3())))= #K())?,@C,41,'B))vB&1+',4())K H+5))C +'B0F())3
\()?,@C,41'()* ,'()9$%&1 (:$?81>$?qPQFHHGA34'(61N k #.BK,4(c1#<?[I4F(3(K1G<$%V3R8
G.R/I())). >)))$%:C,F81,F'()))J D)))%=1G))))A31U())?#IBr1d#IB=()). #))f'/I1+',41dG<$%S()).
HR;3RQF +5C1,'(?F(6(3
#.BK()%$?q1'B)-31@I()3 WQF(I1WR'(K1t(K1,'(I(.'/31>?u.1(.BIBK1'(*1ŒWBS5C1531+R'
F()6(31','()IB-31F''q1',F()3 +5)C +4R'1'4()c +@)I G.R/I(). a%P[S1T,'(<A31'BC
H,'(IR/¢QF'/61,'(I(?#S,8B*
R81>$%IBK()M WBy)%Y15)3 G)0B.F,81,'()P[S(M1WB)9C,F81+,[$%:)6(*1 oLx$%3,81#:6RQF
F()= WBI(‹8()6 '()* RQF \,'()* 7()J(M1HH().BS(.1 ',F(31,'(I,'BS1R;%$%I1+(‹8(61'(*
H,'BS1R;$%I
ŒWBS5C1531+R'
7B)))& WBy)))%Y1',F()))3 G.R/I()))). u%JF())= €P[S())K ,',F())3 ())IB=1(IB))6 dXB))K '())*
HG<31,'(.BK,[$%:6(*(3
ŒWBS5C1531+R'
HR81W8[K1R/E?QF 5C(M1BK,81+FR85C(K1T,'(I531>?u.1U'/61#P[S1#.BS,4
$ƒ)6(K1de)$%31 HL(K,81WBIF(3(CB31,'(S'8F(S1R''81+,FB3(M(K1Ž<S,'(*1ŒW[Z31p/J
oG.R4B.1G6[m31,'(?5CF(3(M1dG:6,/3
+'()))))I[&1WB)))? ()))?''4,FB*1'4()))c ,'()))* HH())).B<$%=R81WB)))? (?#:)))E?'(f5C1,'()))*
Π(?,[$%:6(*
531>$?FR/?q1(:$%3,81+(S'8F(S1R''81'(*1T,'(:$%3,81(-VJ1+',41de$?81R8(.BS,41'(M
HH#3B))). g[3())))<31())S''8F(S1'())* #CB))Y,'1R8,84B))3 ,'())K(?',41WB3())M +())K,F(31'F',8
,8Ru%S,8B*1+[Ix$?F81W(S(I1a%P[S1R'81TG0,81D$%K(M1'(-$%CBY,'
WB‹FB%:C()))3 ())‡$%*1#:))6RQF(31oh))$%NM,81,'())<I[JR81>$%M'B0())3 WB))S,41R''81#-N M())C
Œ+FB%:C(31w(31HHB<$%=R8
 ./0123$45,+67 ]
WB%:))6(=1())-./018[))K WB)))?',QF (:C()6 R;)$%I1WB)%.B?q1+(.B<$?/)f '()M ()=P[J1'()*
HHG<$%)9¢1+(-$%)6'B=(M1+5)C '()K(?F(=1 XB=1G&1WB?R'HH8[K1#?BSF(J1#:E?'G&(3
H(.'/3,'(SF(J(31WB%:E?'$#&1WB%f'/S(=
di[))I RQF WR'())* +'B0()))M ()-./01HHh)<$%OJ,81,'().B?q(M1WB)?5C1#?B)?F'1()3 WR'()*
+FB)I/r1W'/)3 e$%)f e)6,8(M1p/Z.()N M(=1L'8F()S '8F()3 ()M WB)%SBK1 T(?(N M(=1#f5C(.
HG3B.
R;?()))& >))))$?[=,q1())S(K1G))3 U())?p/KF(=(M1R81WBK()).'(C1+())JB.(&1'B<$%&())M WR'())*
HWxS,817(=1N k1#.B?5C1#f(31L,q1U(?1R81a%JF(S1#I(?Bf5C1'B<$%&(M1dW(K,8
,'()M WB%)f5C1().;.RF,4/J1','().R817815)3 B%.()I B)<$%=1GY()3 WB%f,FBK1'(*1F(J(*
HW8[K1X(K(f5C1+F'/<61(:$%.(?(J1WB%31(?,'(.R81781'(*1U,'(.1Wu$?FB&,8
+FRq()= £ d+;.()N M',81£1TFRq()= ():$%A31WB)? …;.()S(N
M',81 (:$%A31(%.1R;$%I1WB%-$%6(K
+4RQF +F()K5.(31WB)? G)3 +FR;.BSF()_ +BS()IF(31 +(.B9%.1Th?u$%=1G31dWRu$%=R81+(?BS
HWFB-I(N
O•(61dª/Of1WB%9%K''8F(=HHG3
()).R'(M1>$%SBKF())= ())-$%M(Z$%S(rBI1()))?(=1#0F()= T()%.1pQF5J()M >$%.R/)f ()rBI1p'()M
a%-$%6(K1H(N MBS(KF(31R81WR'/S(=1/$%.(M1#.BEK(?1(IR'(K1H(?''4,FB*1U(?1+''QF',F(3
{))S (.B„:$%))f ',F())3 +5)))C #¤?()K(31R'()* G)3R8/YR817()S5K1#:)6(=17()J(M1#:)6(=
HG.,8
e$%)f WB%:)9J1+5)C #IB)K h)$%N M,81,'()<I[JR81Nk1'B0()3 (-N M(C1'(*1#.BK,4B31[K(S
HHh)))Z.F41+'R'())))I(31,'/))I[JF,'1WB))?5C1+;.())&(K1+,'())* F())3(M1())?P[J1L())* TW'/))3
'/)3 R;?()& N k1WB)? #K5KB). F()J(*1 T,'(<3,81WBK,'BS'(r1+''QF ',F(31,/$%I[r‚1'(:NMBJ(3
+[IBCF())3(M1WB%))f(?+u$?FB&5C1L())*HHh))<$%=,81G))& #?B))I5K1,'()).'/31e)))fB*1+'B.()3
HR8N
k1+N‚(31dp'(K1\5C(.1Ž-f(3(.1(.B?,8(J
,'()9$%&(M1Lw()3 HH(.R'(f1531,'/I[J17(=1WB%f(K1#K(?(Sq/J1p'(*1+(-N M(C1'(*
HW,'(.B?5C1#:6'F;.(I1˜.(I(3
#S'8F()S(M(J1,'()<I[JR8'B01()3(K1()?(S(*1 ^^Œ+FB%:C(3HH,'B<$%=R81WB‹FB%:C(3``
Hpx$%31+,81qPQF R'8

M',8(31WB%.B?(31(%.R;$%I1WB%-$%6(K1WB?1 …
HF(61(IBA31+FRq(=(31WRFR/$%*1WB?1+;.(S(N
 ]ˆ !"#$%&'$()*+,*-
+())K(AI/C1+BI,F()6 ()S(*1Ÿ)$%N O31WB)? T8F'B)= +()K,FBI/J(31#)?R''81RFR41R8,[$%MB)*
oX/J1WB?,8(K18[K1QF(K1+,'B.'(*1X(SBf(c1+,/?[r1'(M'/r1BY'(*1H'/3
()3 ()-.B¯1'()* #<)f(0(31d,;)3 WB)9%&1WB)‡%?R''81QF()S(M1 +,'B%&1'(*1ŒR[3BK15=``
^^(K,F(J1WBS(.1(‡$%*1dG35I1531F(=1\wB31#P[S1B31+;%*HH(.BS,41R'81#-N M(C
R8F())6(31#N MB))3 ())).B%J1,F5)Y '()*(K1()?R81>$%I(SB)f(c1L,8F()3(M1#.5S()3 RFR41Lw()3
o#I/J1R8+5C1#N M8(M1dX[J1+R81#<%S(IBS1,'B9$%K
WB)?$#&1().B?1p/)J '()*(K1Ž)%.1\()Z.,81'()* HHW()JB.1h)S +()Er(M1 (.R'(*1#:6RQF(3
^^ŒG31\5C
+()f''1+'/IB)=RQF Ž)$?/J1R8()?R8'(S1 '(M1T,''8[31F(6(31šB?q1R8(.Rq(K1'(M1,x$%S(M
U,'1L()K,81()-N M(C1L()* 5)3 ()Er1 (K1\B:E$%*1HH,'/31WBK,'B%.BK1+,qB=1dWBK(:C,F,8
ŒŽ<$?';31WB.u31(.R/f1(?R'1,'(*
a)%<S1+()K,8F(J1$#)3 (.B%J1(.B?(31+,;$%m61WB%f5&F(61WBKB%01+(&5&1U,'1F(=
h))).R4,8R'1HH(.R;.(ANM5=())))6 Ž))NM81#))$?/I1W())K,81G))& e))6(=1LR'1Lw())3 HH ())f5&1F'/)).
HW''8F'B=1531Ž<$?4(I1781#&(J1dŽ-$%K'/A$%M
'())))<%r1#))))fQF5f1R81WB%NM8()))M ŒpQF()))Z$%MHH,'()))<$%|?[I,81dWg[)))3,;$%I1L'B)))0 ())).R'(*
ŒŒ(<?[_(31+,u31,'(.B?/$%MF(6(3

()K '/3,'()* T,'().'/31e)?41G)& #.B)%.BK,'B01 dW8[K1e6(31L,81#:9J1>$?'R8''QF

#:)6,81R8()_B.(I1'()* F()6(31d+QF()&F,81,'()r‚,8(M1o8[)K +FB?()3 #:)6,81()K(.R'(N MB&
'()).R;?(S1'())* F())6(31'/)))3R[K17()?RQF R81—F/)3~''FR/)3 ''81WR/$%.()M(K18[)K ­)9?PQF(3
+FB))Y 5))3 ())K(_B.(I1+8())r /))$%.1,'/A:)))9?(J(.1WB)‡$%=1H#).R'QF +,81R81WRF()K WR[?()6
G)& T'/3;.BZ.,QF N k1+5C1WBK'/A$%M1U,'1T'/0F,81N  1#-$?'‚1','(?R[K1(K(r‚,81L,''8
o;.Rg[$%r1+,81dX'(K1(.R'(N MB&1+R'81G&(3
ŒW5S1'B0'/S,81+4B3B?F1t+,81HH,'(9$%&1531Œ7(S(It5=HH,'(9$%&1531Œ(M(ftB=t
())%.R'1F())J(*1+())* H())S(J1())I(.'/I'(K(.1R81eK())I(M1šBK()))f'(K1()Z<%MBI1()<$%r(I1G)I
 ./0123$45,+67 ‘
e))f(31’R8())YF/31'())* /$%.())M #.R4B)). +())* HH†())%01XFB))K R8()))YF/31''81'()* WR/$%.()M
Π,[IN
‚B315I(M1(K1e%:6(3,81(6(K1'(M1BZ$?QF1,'(*1ŒR[3BKt5=1HH†(.R;<?4
+,;<$%=B))I T,',F())3 ())IB=,81+81#-$?'BZ.())= ())?R8[-31#K(?()))ErBI1'()K,'‚1,QF/)K
T''F8R81#.R'/S()= #)S,81T'/3B&F()3 XB)6,FBK1 BY'(*1H(K(.R'(N MB&1(IBZ31'/3BS1#-$%N MB3
F())6(31d+;)).Rx%r1())K5<Y1U,'1())K,QF/K1'/0()). G))& +,;))<$%=1H,'())).'/31ª,41WB)?'B0
T,'/I'(KF())))))6+(K(N O‡$%S #))))))).R41()))))K(.R'(N
MB&(K1HR81#-$?4B)))))3 R8()))))KBZ$?F1+F()))))J(I
X[))J,8RQF $ƒ))& +F())Z.(M1+())?(Z.RF1())N O01'())* 'R4R[))I °B.()))I(M1#0B)r dXB=,',x$%J()M
,'()))?#.R;<N O3(M1k()))&FR/01d,'/3F())))3 ,'R'())c(M1\R[3B))K dpFR/))C ())I'(K1#:))6,8(M
H8[K,81WB?(C(0
R8R''8())3 R[$%)CHH,'()?R81k5&()f (I(SB)f(c'(*1B)-317()= N k1#.B)?F41U()?B?F,81U,'
H,'(<?',QF pFR/C1(IB=,81531+(K(f‚(K1R8(<$?/f1'(MHH,',8[K1WB%-$%I
HB-)f >)$%I1dR8+',41()3 X'()K R8#S,8F()3(M1()f‚1'8[K(). 531+(N M'/Y1RFR41Lw(3HH
dXB))= R;))$%&1#-$%))f5=1;.B?BC()). +,;.,'())*HH1'/3B))S R;))$%I1#.B))%J1pFB)Y ()K,FR;<?[3
o#I/J1d+g[317(=1#-$?F(61T,'BSF/K17(=1,'(?B.(&(M1RFR41R'(*1o#:?8
()))= B)3 >)$%I1L'Br()f WB:?()f WRqPF()M pqPQF()K #).R41L,81HH†,[$%)M +()K,81£1,'()*
N
\5)I ()?R/J12B)K,81Ž)9$%K1+5)C +(K(C,4P81531\B:E$%*1BI,'(*1Tp[$?8(*1ŽN M(=1'R8(*
Π+[Z31N k1+BZ$?QF1(:K,F(J
o#I/J1RFR4
'())?(=1WB:%))f(.1H())?(=1()). ','/))3 ()). #))$%N M +,815))I +,'())* Ž))6'/SB.(31ŒŽ$?QF'B)=
())IR'(K12,'()):$?[3,81dp[)))S,81X(K()f(M1()M [IR[$%)C X()K(.B%J1+;)%*12()?(=1±,4P8().
HG6(S1D%=(M1,'‚'(31B:E$%*(M
o#I/J1d+g[31N (=1#-$?'B01,'(.BS/J(31(KR[3BK
Ž-$%:)f D)%=1R81š'/)0F,81WB)%J17()J(M1R'()* G)3 e)6RQF e)%$%N O?,81 5I1+,'(*1de$%3
+QF,'())M dL/?QF())& 7())= WR;N M()))=GI(31d>$%N M,qB*()M L'/)3 #):?[31()IR'(K1HG)0B.1j%K()M
H,''8FR/C1Ž9%KB0

MB3(M1',^^²F/))3``1R81n<3())M ^^—[))3``1+())f'1’
+F()))6 ,'()).B‡<?[$?81#.B))?+;./J1#.BK()).BC(N
H^—`1()I,'R[K1^²`1#)‡$%.5_1R8#).8[K1#3,F()}(3(M1H,''8[)K +',QF \B&'F'(*1',F(31','R;N M(=
!/V(-
 ] !"#$%&'$()*+,*-
oX/J1#$%&1RFR4
()I,''8[K1Xt#)6[I(S1 (.R8pg[_5C1t/-N M(31#$%N
M1+,815I(K1(%.B=,'1(K,FBK1[$%C(.
BY'(*1H³$%S(.(K1(?,'(*1F(=1efB:E$%*1+(9%&1T#Z.(.1+(?BS1(:$%3B.1\(S(*1T(9%&
5))3 #r())):S1'/3R8w().B%J(M1()-./01HLx)$%.1X,81L5)C #.BK(:)6,8(31,'()* +[IB)C F()3(M
,'()))?+FR4/J1iB&/)6(31B)I ,'RFR41#&()M ()IBC#31X'Ru)3 #:)6,8(K1G3(). ,'()* TR[K().
HB-31#?R'wBS

+5=()3 +(.B%V.R[?()6 '()* ,'()?R8F(31R8()K(.R;?(S1 F(6(31#-?FBI1+,8F(&1,FR/$%*

G.())I(31\RFR41'8[))K N
k1WB))?,'´31W'/)))3 '/)3 WB)6RF(=1,'()6[I1dWB)I/r17()= G)I 5)C
+(). HH'/)0PQF R8+5)C +,'().8[K@3(M1 e9%.R81#$%M1+',41F(6(M1,'(K,''8[S1FB?8(3
()I'(K1R8+5)C 7()J(M1'8[)K 7()= #)$%M1 '(f1+B3,uK1BI1,/?QF(&1GIN
k1+;.(01XBK1#.R4
oWR4RF
e))6,8(M1XR/)C /-N
M()C R'()* T+'/)3 '/I'(KF()6 R81X()KPg[S(*1+'RQF()M ŒRFR41+()*
HX5C1+@V$%.1,8[K1X'/31,',8FB61#K(?(f‚1Lw(31HH'/0
d()?B.BS1G)3 F()= RQF \,'(*1F''q(MHH,u%Z.(*1d#6[I(S1+,8FR/C@J1€P[S1#.B?q
HBA3/$%.(M1(.B?q1'(*1G.R/I,81U(?,',F(„NM(=
+()CB¥(01wB)3 #)P[S1 W(Z31GIBI12L(-31WB%.'/3(=1+BIR'1,[$%_1#-N M(C1p'(S,8
Ž)9?@31dLF''8()3 ,'()-N M(C1'()M F()= Lw()3 H,'()P[S(M1 o,'(.BK(f,QF ,F'(=(M1,'(I[&
d>$%:$%)))f WR/$%.())))M ŽK())?R8'(S1#r())0 h))S \B:))E$%*1HH,F''8F())= ,'()).R'(*1#<?,4())M
HR81WB%J1$#31#K(?(f‚
/Iw()= >)f'1#$?QF'B)= +()* H()-?FBI1\RFR41+B)Z$?F1WB)E?8HH,'B)0 (:6/Z.(*1'(f
HL[$%f1X,'1L5C1#:6,8(3(K1L(3,81e-$%<$?/f1531R'(*1ŒR81X5C1+(:C(f(M


 ./0123$45,+67 

'/))3 +g[3()). #-$?'BZ.())= 8()))6 B:)9$%=1HHe)9?PQF ','(.B)f(31X[)J +()K(SF(I1RFR4

R8#$?/J()3 T'/3()K(YF/31+,',F()„N M(=1+PFB)? 4()S/I1T#)<017()= G)& #Z.(I1U(?R[3BK
o;.Bm0
'B))%&1WRF,'8R81ohCR8())3 e))$%M1+FP4()3 +()K(-N M(C12()N
O$%y31GY()3 ,FB)f L()* ŒRFR4t
HG))))).QF5.1X,81W',u$%)))))r dh))))))Sq'81+'B0())))3 '()))):$%M1WB))))%rF1,[$%))))* QF())))S(M1#.B))))6BC
,F,'BS(Y1L(*1#.''F,81/N M81531ƒ6[I(S1+(?BS15I1h$%N M,81h<%r(31e$%M1a%.BK,FR;.B‡%*
WB)K'/A$%M1 U,'1(-./01+8[K,81G&1WB?(:N MBJ1(K(M(JP[S1(K1'/3(=1e:C(31H(?#K5f,QF
H+F,'():C(31F()= ,/)%&5I1 (J(61L(*1#f(3'B=1(:?'/3(K1R81\,'(M1TW8[K,8531X(Er
5)3 u%JF()= Lw()3 HH'/)3 XFB)J4QF tR8()C,4P81L()* +,F()r(M1X5C()K WB)?,FBY1 L(*1R'(*
F())6(31a$%<?(A))6 B)).,81())N
O$%y31GY())3 ,FB))f L()))* ()IR'(K1T#3B). FB)I/r1L,'''81+FB)Y
H,'(S,8,84B31R8(-?81#K(?(f‚
+'BZ.())= R81>?FB))I #SBr())f ())3 \RFR41T'/)))3 L/)J 'B0F()3(M1dX/)J +,'()* R[3B)K
#-)9%I1','().BK(.(-N M(=1 QF5J(31'/31#I'/M1FBf1+,4R'F,81(:9?(J(K1H,'(?B<$%=,;N M(=
oWB%I/J1d8[K1WB%S4(31'(:N MBJ1g[&1(?RFR41,'(*1WB?1#.R4(K1F(=1TX[J1$#I1WB%.BKR[0
'()))*(K1,''8[)K eKB)0 pFB)K HW()-N M(=QF5J1():?'/31B:)E$%*1ŒRFR41#3(). '';.B)St+B)*
,',FR;<S1'(*1F(31(‡$%*1#.BK,u%KB&1(:6,81U,'(.1HH,'(:N M5K(31,'/I[J1X,/%&5I1(J(6
Hh3'´J1dW'(-31,'/3
#))f5.1T5)C#31†+[)J 7()= WB:?()f #S,8F()3(M1W8FR/)C ():K,F(J1,'()* ŒRFR41pF()*
dG)0B&1WB)IR81 dp4;31WB:K''8F(=1(?(.R'(MHH,[I(SRFBK15I(M1WB:?(f1Lw(3HHG31e.B%J
HR;31WB:_[M
#$?F())3 XB))S'g[K1a?'())* R81WB))?RFR41+F',81,'()))<%.R'g[N
M(=1$ƒI()3 WBK().(-N M(=1QF5)J
()M(J1 d+QF(m$%I1R;.w(9$%31/$%.(31XB}(61''8 +,'BS1531+,'(*1+R''81Te9?PQF R8+5C
Œw'/))))Y +(K(%:$%)))6[31#:)))6(=1()))K +,;.,'()))* TF'/M/r()))0 ())).B?R81#)))6[31#)))JF/J
'B:))6,'RQFtR[))K,81+8())3 #?B-))6'[I1,'())%.BK(r‚,8(M(K1R81U()))?(N MBS1()rBI1#S,8F()3(M
H,'/3 L4BASB*1R81˜.,4,'(f(M17R81dUQF81/$%.1+481U,'1T#S'/I4(J1#:$%6[3``1o#I/J
 ! !"#$%&'$()*+,*-
L())C(?1W8FR/)))C WB). +R'81()?(=1FB)Y 2(?,F(S()6 #K()?RFB*1i,'()= h)S #:$%)6[3
'()* B:)E$%*BI1šR4B). ,'()I,/%K(I1Ž)$%M1,FR/$%*B)I ,'(?#.B?(3(M1F(=1Pg[S(*1Lw(31HHp[J,8
#:)6,8(31²'R[)0 #-$?@)& TR81+()K(N MBS1 +BJF,8(M1RFR4(K1^^Œ†,'/31p/K(M1L(?#:$%6[3
HŒ†L,[r5*1G31+BZSRFB*1dhS1+‚531,'/IB=R'1(?GK1o1#I/J1'pF,81(IBy$%M
dW8FR/))))C h?'/IB))= U())?''8[S1d>))$?';<?412Ÿ)).R'81())‡$%*1to,'())?R81#))Sw,'1RFR4
+())6(K'(*1H,''8[))K \5SRF())_ Ž))KRF5C1Pg[S())* #?Rx$?F8())3 HG))):?,;31WBS,'().8FR/C
a?;.(& #.(I/J1hS1U(.1T,'(:$%<$%=,81R81s5CF(3(31a%-$?u$%=1R'(*B-3[$%I1a%.B%6[3
o#I/J1','(?RQF(J1,'(3RF(f1dWB.(31[IR'81'BS(.1FB?81,@&1H,'/I/J1+R'B*1F(=
B)))I Ž$%.())I(31L'/))3 @))J LBr())6 ,[$%))M ())?531T())?#.R'(N
M501,[))_ ,[$%))* WBK(%))6[315))3
†B-31/$%f1B:K(I(M1+(KB.1X(-$?QF'B=1+'/SF(_1+8(*1HL‚(.(-3RQF F,'(.B%J1d#S,8B*
Œ,[I '';.BS15I(M1'(*1,FB?8R'
F())6 ,'())‡<$%=1#))3 ())%.1WB))6B*1#-$?FB))K h)))S531'()-$%SF(I1L()-$?QF'B=1to#)I/J1RFR4
HW8FR/C1+R8,QF
oR81U(?(31+R81,@&
+F,'1G)f,81G)S,;31 #01R8,81ŽN MBS1+BJF,8(M1+,'(*1H(%.1˜.[J1,'(<S1+‚(31,'(*
ΠW5C1#31G31WB:f5.(31+,81H+[Z3
'())f +'/IB)=RQF ()-./01He)9?PQF \()K #-$%IB}()6''81','()I[J1+B)Z$?QF #)OS1RFR4
+'/IB))=RQF HHR8()).F(31+B))Z$?F1+F())ES(Y1R81WBK,[$%:)))6(*1+(-)6'[I1F()3(M1'/)3 +',QF
HGIR;31#<?,41'R'(I1G31\B31,'‚(31#01(?,'(*
#.B))))KBZ$?F1,F())ES(Y1d˜.())3,41+g[))0 #-$%.B:))6FR81(:))9?(J1RFR41R81WB?())3,F(3(M
pu$?FB)m31WB)JF/J1+FBS‚()&(M1(K()f‚1 +,'(* 531BY'(*1HB:6,'RQF TW'/3Fu31N k1#S,8F(3
H+5C1+N ‚B31+,;<$%=1#-$?FR81,F5OK1(?+;.Bž[I
\())M(31;.B?BC()). +,;.,'())* dh?F())6 ,8[)))K #)fw(&1pg[)3 'B?qw()= #)$%M1[)IR''8
H'/31Žr/.1R8'(C1+(C[&(M1,'(?#SRFB*1N 81d#:$?';.BS
 ./0123$45,+67 "
ˆ
'R81+()))K'/:C1WB?())))3 +,;$%m))6(K1+,'())* +R''81B))9$%K1+,x))$?F81RFR41+())K,'(C
+'B)))0 ,'(K(?(-)))f(J(31B)))9$%K1#NMB))))3 R8+'B))0 dL,81F())6(31'BZ.(:))f(01#KB)).''QF
+4P;?())& 5))3 ,'(.BSQF/)))6 F()6 d#<‡$%=()3 WB)fB&1H#).R'QF R;?(K(.B:)6FR8(31',',8[)K
HWRg[$%J1R8+5C(31#.BK,'B01+5C1#IR4
#)))f5C(M1+QF()&RQF R[$%)C \RFR41$+QF()&,8RQFdp'(K,8F'81N 1+',41G.R/%:)f(K1W5)0
TX'())KF,815))3 +,4B))I #K(%:))6RQF '/3,'()))*F(3(M1\()S(*12+;).R/?[r1WRq()= ()IB=1B).B?
toWR'81(I'(K1R;?(K(N M817(J(M1BY'(*
d()%.17B()= ,8[S(31LFBK1£1'(N
MB(=1,;<?4(31Ž:E?/$%&1+;%*12,'(.R[K1L'B01R'(*t
Ž<$?/f1(.wB(=1,;<?41'(*1p'(S,81HG31U(?‚F(=531BY1,'(‡N M5K(31L[Z31WR'(*1L/IB=(.
#:)E?Bf1H,'().R[K1L'B)0 R'(*1Hh31WB?5C1#IR41+F,'B?1U(?‚F(=1(S(-31''QF(K1W'(-3
Hi()3 'B)-31 R81WwB(=17(J(M1(Er1#I(?F(6(M1/-N M(31HHp';31R;.w(S5K1U(I(M1(%.1RFR4
H$#31\(M(J1#J(6(.1dG31(M(J1#.R/f(.1RFR41(:E?'1G&
d())J a))?[IR''81TL[$?'w())= >$%M()))Z$%S(M1>$%M()CF(31()K L'/IB)= ,'()* 5)3 F()= h)S
W()K,81R81WR481U()I(M1X()N M(SBS1WBK(.R/)f W5)0 p'()?,81RFR41Œh)3,81 #CB?1Ž$%M1(Z$%S
HW(-31FB:_,QF R'B*1R81a%S(*1N (J(M
Th$?[3,8'B)). WRF,'F())& 8R81dWR'B%&())6BC(31WR'()))* Lw()3 HH WBK()N O$?'1(.R/)f oµ/)J
Hh$?[3,8'B.1(<%:6RQF #<?81+FR;.B‡%*(31WR'(*1Lw(31HHWBK(N O$?'1(.R/f1oµ/J
WB))%<Sq'81h))?[IR4,QF G3())K WRu3B))I W,;))3 WB:))6F(&18R81dWR4R/))C ()))KB01#žF()6
'()* HW'/)%NM5K17()= F()6(M1WB?B)6B?1 WR'(*(K1G<$%-f,81(.Bc'(M1'(*1(-$%6(K1HH(?GK
H(<$%=R81a?'(*1F(=1Lw(31HH,FB-.R'BI1HH1,F(K1'BK1(<$%-f1«'(M
WB))%<Sq'81h))?[IR4,QF $#))3 h.Ru3B))I W,;))3 WB))K,QF,'B3'@31'/S())= #.,'B)))C #žF()6
F())= HHW'';.())-NM(=1F())6(M1WB%.BKB)))6B?(K1G<$%-)f,81().Bc'(M1'()* >$%)6(K1HH†()?GK
H(<$%=R81a?'(*1F(=1HHFB-.R'BI1,'(*1F(=HHF(<$%C''QF ,'(*
 l !"#$%&'$()*+,*-
;.())0 dU(?())f‚1;.())0 ()))K,F(J1L(). HHh)3 h)$%=R81p'()S,81HL‚1().(Z31ŒWBK()NMB(=
h)3 h)$%=R81B)6B*1+5)C ()K 7B()= ()IBK,81 (.R'(*1h$%=R81h31>$?FR;.B‡%*1;.(01dU(?(M(J
hNM5K,817(=1p/.1#c'(M1F(6(M1p/.1+B6B?1(K1p[J,8F,'1WB?(.R'(*
R8,',F8()))M ()K W().B.R'(<$?'F81'()* T,F()<$%|N
M/C1dh)$%=R81+4R/)CR81d7R;3()* +,'()*
t8())6 PFB)? Lw()3 HH,',F,815)3 /?()J #-$%:)f '/S()= R8'()* +'B0()M HW,8()* #I()SFB?
h)$%=R81 HBK,81W(K(9?F1WBK(b(J1(N M/J1,'(S(9C(31(?531(%.1R81e6,8F(3(M1+(K(6R8
T,'())).(K,81x)))%I1\B)))3 WB%.BK()))6R81())))<$?'F81+,F())3 5))3 ())K e))$?',81+()).wB(=1'())*
t(&R[C1'(KB01#.BK(?#0(:N MBJHHWBK,F(<$%C''QF oh$%N M,81WB%$%&1R/C1/-N M(C1a?[IR''8
HWq(Y1+4BEZ.(=B*1'(NMB&1(<3,8(K1h9%.R'(*1F(=1Lw(3
#)f(3'B=1R8,'(.B)6(c1'()<$?'F81 (M1dWF(<$%|N
M/C1+5C1U,'(K1h$?',81+(.R'(*1RFR4
H(%.1WR''8[S1(f‚1+,'BvB&1'(N O$?'1(.R/f1d(M(J(31+(–$?'(c1+;%*1HW(K,8
p81L5C())M #:))6RQF(31G))9KRQF #))$%M ,8'/))6B*(31LFB))Y L())K(?1#$?QF'B)))= +()* \5)I
+x%I())3 XB))K +,'())* F())3(M1H+R8())). L''8FR/)C WBJF/J()3 d+8FBm)6 LFR81,F5OK()3(K
WR/)))$%.1()))M ','()))<S1#)))E_(.(MBf1,4B)))I #K(%:)))6RF1,'())))¯,8B%Y1e))$%M1R'())* +QF())m$%I
HX'(KF,81,'(r(_(f''8
R;.w())))S5K1WR/$%.())))M \‚'())))S(M1TW()))))-N
M(=1QF5)))J ()))¯B.1dWR/)))f ()))¯B.1u%JF()))=
H8[K1U(?''8[S1+(:6RFB*1Ž9?FBI/J1h?R''81Hh$?/C1(AI/C1(¯B.1dŽ:6,'B.RQF
H,'(<$%)6(c,81dW()K,8',F81+().R'(*1+‚1HHWBK().B<$%=R81 +‚1,'(S,817B&1p'(S,8
()K T'B0F()3 ()S(¢1WB?()?B&1'()O&1'()* p'(S,8HHL,8,81WB9%&1WB?(<?g[$?4(-M(&1B6'(*
+()).R'(*15))3 dWFB.())KF(31+())).R'(*15)3 TG)9K,;N M(=1R;)$%&1WB)?N
‚B31#I()?BP[S1+FR/)A$?F
5))3 WB))%S5C1+8''[))6 W())K,81^^())?!"#$%`` #I()).R'8(31e)))6(=R'1R81WB)? #I()?BKBI(M
#)))$?/J1()I'/Y1()K L()K,81g[)& G)6(K1#)N M81L5)C #)f5C1R/%=()3 ‚ '()S(M1+;)%*1Lg[)0,8
5))3 dL[))J,81L5))C +())Z$?F1h))S TGA:_()).q1+()). U())?(-V$?/J1D))%=1WB)))‡$%=1G:)f ()IR;3
F()= HL,8,84B)3 R81WBK()NM8''81 dWBK,'/I''(KR''81F(6(31B6'(*1TLPQF,81L5C1#žBSB*
H,'(:$%3,81W'/3R'B*1',F(31hS1#I',QF R'B*
 ./0123$45,+67 …
]‘

T'/))3 R81W'/3R'B))* ()))M a)?F5C1'4RQF ,'/AI'()K ,'()?(I/J1'()* L,8()3 RFR41B=,'F()=

,'R'()c(31'()K(?5N M(= 4()S/I1T#)§ #)$?/J1,'().B§B*1 #?Bf531(M1x%I1#-$%Z.,81R[$%C
+R81˜<0()))3 @))V$%.1U,'1G3()).,'1T,'B-))65N M(=1,/))$%&1#-$?FBS(|))fB*1'B))K,81WBCF())0
o'/3wB*1+(K,F(AM'81#.8F(J(M1FR;N M81U,'1(K,FBS1/-N M(31G:$%AIB=
o+;.R/?[r1,'(?#f5C178(31,[_1RFR4
',[)I FR85-)f >$?FR;.B)%J1'/S()=(M15N
M()= ThS5C1+FBS1(|fB*1dL5C1+5N
M(=1(.BS(*
R81WB§B*())3 WB%K''8F())= HH())).RF,'(.BY1+P[K()S R8F5)C +BSF()J [$?q()M a?FBS()N
M(K
oŽ6[&,81L5C(M1a%<S1T,'BS1R81WB?q(M1RFR41h.Ru3BI1h0,81dh$?8
Œ†›'';<?41F(=1\B:E$%*1G3,8
R818Ru%S,8B))* /$%.())M(K1W/?8()). ,'5C())3 L())).B?1#)6[I(S1'()* R81WRF,'().B%J1/$%.()M
dL())K5N M(=1+',g[?())&B31()))IR'(K1HHL[)J,81#)6[I(S1+B)Z$?F1h)S +;)%*1HW'/IB)= #)f'/I
HL(-31L(K,FBS(|fB*
o#I/J1'R81#K(?'/9&1R8@3(31,'(IB=1+(K,FRu.1/$%.1+(K(.(3,F1(E?;r1RFR4
#-$?F()))6(M1H›,81+'R[K())))S L())K,FBS1(|))fB*1U,'1BY'())* HH›,81B)).R81FP41BY'())*
L())K,81L5))C #?4B.B))f(M1B))-I1,'())* F())3(M1HL())K,817Bc())S 'B))6RF(61+R'R81,'())f(K
RF5)))I N
k1Ž%?B)).R81pqPQF F())= H,'()):$%3(.1B))%Y1#))$%M1u%JF())= dŽ%?B)).R81+F,'B))? ()):$%A3(K
H+g[¤31R81Ž%:$%f17(J(M1L(K,81L(?+4B.Bf1'(M1B-I1t(<?g[_1N (=(M1+4R'1L(K(CR8(K
(.'/3R'B*1',F(31R'B*1RFR4

!"#"$!%*+5'6789
!":!;+*<=!>?'.!@+9#'A#BC
 ’ !"#$%&'$()*+,*-
!
HHR81s())K(CB.5r1G))6(M1L())K,815))3 WB:))f5=1#)).RQF5J1dWBCF()))0F,'1#)6B31+;)%*
a?[$%)f '[$%)f ()I,'/31a?Š)f/c1'Š)f/c1 (I,'/31\5=1W50(K1GS,8,81WBIF(3(C
HU(?(N
MPQF (I,'/31','(I,'RQF(ZN
M(=
\5)= #I(?B:C()6 Œ(.R[JFB31;.(01(?#<%Z.(61+BJ,/OY1(K1+(:C(61(f5=1'(*
H,FB31h?Š6F/r(M1+4R'1/-N M(31HH(6F/r1#N M5K(M1+4R'
,',4F()))3 5)))3 R/)))C,81¶)))%?1Š)))f/c1U,'1T,FB)))3 h?Š))6F/r1#N
MR8'())* ±B))6 #))f5=
oGNM,81'BK,81WR'(N MB&1#Z.B31±B61#f5=1#:9&1WB31(:$?[¢1(K1FB31h?ŠKB01+,'(.8[K
#.R8Ru)6 5)3 +8()* Œ†G)3 ™?()K(31$#)& #bR/I1'u$%=1dLg[31#N
M(=1BI1(6F/r1>$?FB31£
€P[))S ())K ()))%.,'(*1+FB3()6F/r1+()* HH†()<?FB31h?Š)6F/r1+8'/)b G)3 ^W'/)3 #?B)3`
Œ†p'(-3F,81+(K(?#I(?B.R8(31+(K(?1#I(?B:$%f1BI1B-31ª'/Of1+5C

+4R'1R8+(K(:)6(3(S1#<I'(KF()6 #:)6B*(M1 €P[S(K1(%.1,'(*1FB31h?Š6F/r1+(*

()K G)6(K1#).R81X'/)M 5)3 R8WBCB)f +()-I'/M1+,'().'/314F()3 R;$%&()M WB?1HHG<$%y31N
k
ΠG:6,/31X''QF(3''QF
dp[))Z3F,'1URF5))C B))%J'xJ1'FR8,@)))& +F()3(M1P[S()K ()?,'(*175)K h?Š)6F/r1WB)?
s5)C \5C(). ()?,'(*1FB)3 h?Š)6F/r1WB)? †p[)Z31#:$%)6[31+()JF(31 R8#:6RQF 'B<$%&(M
†B-31WB?F,81s‚1(I(.'/IB=1s,'(.R81N81531s(.R'(*1'1$+[Z3RQF
ƒ)$%I1WR'()* (::)6(3(S1\5)I s,'()* ' W()%3(.N
k1ƒ)V%=1 B-31(.RQF(K '(*1531(Er1WB?
† W(J(.
$#I1531s5C1P[S1'1$#31R;-$?'BE%&1³31(M1^^6RF``1(K1(?,'(*1N5K1h?Š6F/r1WB?
'FRq1s(.B-))9&''81'())* '()).B–<%M1())r531'())M $+/))E31N
())= s5))C $#)))3 s4RF1'R;)3 $+g[)_
Π1$#-I,81N
k1WB%C''4
'())* WB))? HH B))-31WB‡K'/))6 $+/))3 WB))v5C1s())6(K1'())* T ()))?,'(*1ƒ.R[JFB)3 WB)?
())IB¢1WBS4F())M ' i[))I h?()-31x)$?F815)3 s()r'(I1)6,81R81>$%IB)K ()M $#)3 ()?#?BSFBI
† ,'(N M8
 ./0123$45,+67 
ƒZ.()6 ,FB)3 (K1Šf/c1W501H1(?(.B6F/r1(N M5K1'/S(=1'(*1sFB3,8[31±B61ƒf5=
ƒ.B))3B%31',F()3 R'B)* a%CB)6 ƒ)f5=1$+[)J,81WB)3B%31sB)Z$?F1R[$%)C ,'().(K,81e)9&1()M
()K $#)3,81'R'()I L,''81s,'().RQF(JF,'1R8().B3B%31 L(*1s,'(.8[K1$#I(M1H1$#.,81{S1s5C
e)))6,81s5)))C ƒ?8R4B)))* $+'()))?,81())))-./01T1>$?[$%))f ()):$%3,81'1$#CF())0,8F,'1\5))=
H $#31s5C1s(K(.B3B%31sFR;Iw(6,81d$+'(-3
R81N
()))J(M1ƒI())))?B<Sq'81s5))C 8())r(31B))I $+QF())J,81s())KB•B*1())M R81\()).B3B%31'())M
()3 B)-31e)6,81 (?,8BSB*1s;%*1H1s;.Bž/J1R8'/9$%&1sB•B*1U(I(M1U,'1F(=1$#<$%ž/Z3
Œ BA31s/$%.1(M1'1R8By?8q(*1ƒJQF/r
'B)•B*1 +
$ '(?B.1\‚'(S(M1'1$#3$#K1,'(:$?QF(J,81N
(=1ƒ$%M1\5=1s,F,8q(*1'(*1$#3,8
† B-31s8(31R;$%I1s(K,FBJ8F,'F(&
s,'()* F()6(M1 ,F'/61a?[$%f1ƒf5=1^^XF(6(M1(KF(*``1s(I'(M1(?#:?[31F,8q(*
5))3 +5))C R8[$%))f sB))Z$?F1ƒr())0 ())M ' ())-$?F,8q(*1^^UF())*``1s,x)))$%31^^$+'()S,8``1$#)N
O3
s()f'1WB%K()?(0FB&1 F(=1F(6(M1'BK,81\5&1$+F41s5C1°,8(61WRFR4(=(31'1R8,8(6
HH ,'(:$%Z.F',81,'(.BK(<?g[$?41(:%&1(31^^XF(6(M1(KF(*``
sF,8q(*1T1,'(.,8,81>9%I1(N MB61FR4(=1ƒ.BK,F'/:6,81,'(f(.B_,8(61'(*1F(6(3
,'()))<S1F())6(31())J F'/:))6,81'1·F())f ƒKB))& F())6 to1$#))N M,81'1$³))$%_[M,81a%.4())S
H ,'(:$%f',F8,8
))6RF1())3 H ()).B?Bb1'R[-))fB*1R81h))S ()))M ',F()3'(S(M1s,8R41(IRF'/:)6,81s,'()*
H X/J1sR'B*1F,8q(*1Œ1$#<$%KF;31^^$+'(S,8`` s(f'1i(K1$#3B.1‚'(S(M
ƒ-$?FR;.B)%J1 (K1(6(31,;.,'(*1F(=1†1,t@f(N Or(*t1(31WB:K(?#:E?'$#&1£1Œ1(<?R[3
H ,'(:6,8(31R8B.1s5C1'1$+4B.,81,'(?5C1ƒ?FR85C1(31(?R'1s[•B*1su$%=(3
()-./01T1()?,8'/=$#31 WBI(K,FBK1W(-31e6'F81$+/.1sB6B?1h3,'(*1sBS(I(31F(J(*
#.B<$%=R81531(K(Iw(6,81s,;.,'(*F(=1H1,FR'(N M5K1R8(.8[K1e6'F81L(M1s5C1(K,[$%f
$#)I ,F'/<)6 '(M1³%I1'u$%=1(-./01T1,'(IB-35K1s5C1W'/318R4B*1531,'(9$%&(M1T1,4BI
H $sQF(&B.
 ˆ !"#$%&'$()*+,*-
4R[_F())6 WB))I5C1())?,'(*F(=1T1,[$%))f(31WB::)))E?'$#&1()K WB)I,FBK1'()* 5)3 Π()<?R[3
a))? ^UF())*`1X()).B.(I1T1R81>$%:)))f '/S()= s''F1()M ^sFR85)C`ƒ%I().R'(N MB&1()3 dW()-3
h31ƒCB?
H#<$?FQ(&1sRQF1R81WB‡NM(J1(M1(?(K,[$%f1(31WB‡:E?'$#&1(K1(?,FBK1'(*1(S(*1Œ1(J1R[3
ƒ))9f5K1())3 ))E?'$#&1WRF'/:)))6,81,4B)I ƒ.B). 8B)%<31¸B)S ³I[JRF()6(31e)6,8
H $#31;.(SR4,F1'1XB%<r(3 ' £(K1{S1>$%f5=1ƒ.8[3'B.(M1531(Sq'(I(3
D))))%=1()))M ()))?(=1R8^()))9f5K`1,F5)))Y '()))M s[)))3,41'1ƒ?,4()))3 $#)))3 '()))* WB)))S/J$#3
H (%.1R8,;.QF81ƒ-$?F,'(.BY
sR'1\B:)E$%*1H1'/)3 ^^UF()*``1 s(f'1ƒ|fB*1t°BS1h?[I4P@&1U,'t1\5=1WRFBY
'/)3,81s(r,8()6(31WRFB)Y s(_BS1'(*1o1B-31'';.BS1R8,'(M1s(K(|fB*1,'/IB=F(6(31N k
()?,'(*15)3 \(.BI,F1L(*1HH1,'(IR;3B31ƒ$%&1ƒN
O$?'1'1L(:61',F(31(?R;$%I1s5I'(*1ƒ-$%:f
H ,'(:$%)f,',81[$%)f(M1F()= \R'B)* ƒ).R81N ()= T $+[Z31R81s5C1ƒ?8R4B*1F(6(31e6,8
ƒIw())6,81())NMR;<S1'()))* $#)3,81'/)3 FR'()N
M5K1R8()K,FBK1()M (K,[$%)f s,'()* sR''81Lw()3
HH † $#-931R81>$?FBK1£1F(6(3
† >$%NMR;<S1(:$%A31'1e$%CF(0F,'1ƒ01sB&(M1\(NMBSRQF ,[$%f1'(*1t
sF',8()))3 ()K(?(CF(01sFB)? ' ,'().'/3,4BI1HH1(.B)E%.1s,u%KB)& ()K(N MR;<S1()-./0
H ,4P@&1sQF,'B31'BI,F(61s,'(<I''u31(IR'(K1T1,'(:$?FQ'/6,81R81s5C1ƒIR4
WB<$%=R81531WB9%.R/C1sFBK1Œ1(J1R[31T1$#MN(3
e))6,81s5))C sB))%.81^$+'())?,8`1\5)))= \B:)E$%*1H1,4P@)& sQF,'B)3 ()3 )E?'$#&
H $+'(-3
^^U(N
M(31BZ.BS1sFBf``1X'/J,81WB?$#&1(K1'/31,[$?qB31'(*1ƒ%.(:9%.1R81>$%IBK1(M
HHH X/J1sR'B*1RFR41

!!!!DEF?'G!#+5+/!H*+5'I*"C:

&'()*+,%-[3B<S1t1!
 ./0123$45,+67 !‘
s,FB3(M1s5C1ƒ?B.R'(I1'1ƒ?B.R41(31,'R81s(E$?F1(K1RFR41(:9?(J1U(?B.R81sF(3(C
s5))C s‚()3 s()K(-N M(C1,'()?+QF8R81x)$?F81'()3 T ,'()? ^^s;<)6(&``1'1^^ƒ)f5C'(C``
ƒ)9%-$?'‚1 (N M(S5K1T1WF,4(.1'(:6,81R81ƒS,8F(3(M1,'(<%.R41F8(r(31'1,''8[K1a$%KR8
' WB)))?/$%.1(:)))9?PF1\RFR41H1s())K,;<NO315K())6 s())K(N M5K1())I(.'/31','()).'/31[$%))OJ1N
k
X[)J B).R81PFB)? ƒ.BK(:9?BSF(_1531ƒ$?/J1'1e9%.PF1WB%NM(J(M1,'(?(K(Z.R'81L,8F(3(M
o Rx$%31s,81(K
u$?F()& ,F''81H1(?(=1ƒS(K(?1ƒ.B?B&1(K1h31ƒf5C'(C1ƒ?,F'(J1'u$?F1sFR8BJB*1t
Œ W'/31WRQF4'(C1'1WB?qw(=18(31ƒf'/I1(K1s(.B6(K1'(M1h3
$+u)C,81N
()= FBJ'()f ƒ)$?/I1()M ()K T ƒI()?,4F(M1()Z<%M1R81ƒ)f5C'(C1 FBrB*1(M148
,'())IBKB.1N
{))6 D))%=1())3,F4(Y1ƒ)).'/¹1'())f Lw())3 HH $#))3 WB))?$#&1()))M s()&[I1$+'()?B.
H ,'(?#N M5K1(31$+[Z31U(?B.,QF(K
B%.()I H()%.1WB)6B*1,;)<$%=1#K()?+FB%.R41#)f5C'(C1 #‡$?qF1(31€P[S1#.8FBm65C
hI'()C +FR8B)JB*1WB)%.BK,/N O$%&1()3 g[)& W501h.R4,81qPQF #?Rx$?F8(3(K1(.B6B*1(.R'(*153
BY'())*HH+())-31X5))C #)))E_(.1#:)EN M(=F(31FB)Y,81+qPQF G)3,81o(IF()6(M1'()KF(*1Hh)3
H+(-3,8BSB*1X5C1#.B%J1531>$?F(Kg[61d#<$%y31X(6[_1#:$?';.BS1h?ŠfB3(M
F())J(*1())-./01T#3,'(:)))fB*1B)I5C1#)E_(.17()J(M1FB)Y,81+qPQF o(IF()6(M1'()KF(*
dX5)))C WR/$%.()M #K5KB). +,'().BS1R'()*tG)3 #)f5CB.1d#N MB)I +()?BS1W;.B-)f j_().
HR8X(KBJ'(C1/$%.(M1(:.'/31WB6RF(=1+(?BS1R8eE_(.
+FB0B.())3 BI'()))C(M1B)I #<$%y)3 e)6,8(31(<%:)6RQF,81R81>$?qPQF()M o(IF()6(M1'()KF(*
HG31+(KR41B.B6[3(M1eE_(.1dG3(.1œ$?'1R8(.B%:6RQF '(*1+R'8(3
X,8())J R8'())f(M1d#3,8'/))6B*1B)))I #.()¢ FB)Y ,81R81>$?qPQF()M o(IF()6(M1'()KF(*
H(.R8F,81+(.BC1\,8(JHHBK(.1e.B6RF(=
'/S())= +[ZN M())= >$%))6(K1())M(ZS'8F(S1L()))M hS()K #-$%)f(31h).R4,81()S(*1+().R'(*
#=R'()))J P[)))S F())))J(*1HpF/))3RF1R8ƒSRFB))* '())C(M1G)).R/IB.1G3()). WBK,;<))6(&1,FB))KB*
#.BK()))?5=1())?R'1+B)).BS1T8[))K +())K(-?u.1,F())K,FBK(M1+4())c '¬J,'B<?4())M 'R8sPF8
HW''8[K1(•,8(r1+5C1+(K,'(C(M1#?,8'/6B*
 !] !"#$%&'$()*+,*-
R8+5)C #IBK(M1(?(=1,'(31#:E?'1G&1€P[S1+;<6(&1FBKB*1+Rg[$?'1G31>$%.50F(=
H'(C1(:$%V31dpqw(=1,'(?#.BK,;<6(&1(I(¤61d+5C(3
5I1(IR'(K1hK[61d(O%v(.1k(ZI,[_B*1#$%N M,81WBK,;<6(&1,FBK(M1p;.(=1#:6RQF(3
()):%3,81R8+QF5J())M \5))I dh))$?81QF()))f(31,',F()6 '()M B).,81F()mS(M1,F()A31R8WB%.R/$%.()M
H#.B3F/r
HHG)3 #:)fB*1+'B)3 R8e.B)SuC1 dX5C1WR/$%.(M1dR8XFBJ8F,'F(&1dX5C1WR/$%.(M1B3
e$%)6'B=1de)6,81h)3 +(.B:?()f +,'()* 5)3 WB)E?8HG))3B.1R;?(&1#f5C'(C1'(*1G3(3
())?,8(*1B)))6'(*1TG)ž/Z31#I(S‚()6(31R8#K()I(M1BK(). X()O?B•1#)f'/I1'R8(). X/)?[_
H'(C1+(C[&
#-$?FR;Iw()6,81B)3 B)KB.1+()r T(-3QF5)f 5)3 #)OS1d,[)Z31t+@)StFR;Iw())6,81+u$?QF
'B))V$%&1Xw())6,81W,'B))C #))I',QF F())J(*1Hp',81+R'1,8'/)))6B*1+'()C HG)3 a%I'()0
H(%.1hS1#.R'BI1,'(*1G31a%V$%&
,8'/6B*1+'(C1HXR;3RQF WBK,4'(61(J[$%S1531+(K(M(Z$%S1(?(6(K'(*1\B31#.R/f
H(K,F(J1+(S(*
+())))?BS1WB%K''8F())))= ())))-./01TL'()))))KB.1+4B.B)))f ,[)))_ d#N
MB)))S ,[)))_ +'8,QF h)))S
#?,8'/6B*(3tG3(.1#-$%N MBS1(S(K1d>$%Z.B3'B.1(-01de$%31a%P[S1Lw(3HHŸ?,4[&(f
Hp/.B.1#$%M
>$%-NM()C ()S(K1L()K,84(c1W()-31L().BC1 +5f(SB*1WBK,[$?/3RF 8(3(K1+,'(*1#IB3(M
HW,;31>$%I1N k1L(K(f5C1,'(C1,'(<<$%S(.1\,;.,'(*1dW,;31N k1LF(6
WB%I()?BY'(J1 +(IBK'(*HHW(K,81WBS'/N MR'(C1(-./012L(K,81WBY'(J1+QF5K(M14(c
™?())K,'1()))-?81+,;)<$%=1H,'B)-$%&1WB%:)6RQF h?,8()* 5)3 WB?#I(?B)f dh?()K,817/)Ar1N k
Œh$?8
,'()))9%<S'B0(3HHW(3,8F())6,'1WB))?5C1+FB))JqPQF WR;<))6(&1e))f',QF ,4F())I L())3B*
()-./01 TL(KB.1#I(N O•(61dL(K,81+FR85C1R8^,'(.8[3'(C`1U(I(M1XB=R81,FR/$%*1(KF(=
+PFBS()))J WRFR;$%3'()f ()K,F(J1+(). '(.BK,;<)6(&1(:)f',QF #&5IF()6 t#?'/N MR'()Ct
HW,;3
 ./0123$45,+67 !
+RQF R8#?B)))))-?FBI1#N MB)))3 [$?q()))M ,'()))I,''8[K1N
k1L@)))3 d()))S,''8[K1qPQF()))3 +,'()))*
#))$%M1dŽ$?;N
M()))= g[)C R81L5)C #)E_(.17()J(M1WBS4()6(31#-$%N M,qB)* U,'1BY'()*HHŽ)<$?/.,8
R8+5)C 7()J(M1#0()3 FB)Y,8HHW'';.R4())3 #.BK,''4,FB*1#0(31FBY,81(K1o,'(§[&,8
k1+5))C W8FR/))3RQF ,81())3 d(<%r(:)))6RQF ,8()3 W50()K ,'()§[&,81#)$%MHH,'/I'()K >)$?F
N
Π,''8[Kg[S
LR814'()).,'1R[$%))C G<$?q())= L,81())O?B•1'())9$?;.(*1{))0 dŽ))$%OJ,81,'()))S5C(31G)IBK
WBK,;<)))6(&1(:))f',QF #&5IF())6t>))$%.8[K1N kR'R81D))%=1G3())3 d())Z.,QF '())3B*1Tp[))J,8
H,'(IB31L,81^^#f5C'(C``
HHh9%.,81'BK,81iF/r1šBK,/N
O$%&14'(.,'
«PQF #)))-$?481U,'14'()).,'1Œ,'()):$%<$%S,81+'Br())0R8(31'R8,81LFR4())M +5))C 4'()).,'
Tp48,81N k Ž)?[?q1d+@)3 +;)%*HB))K,81(-O?481G&1'BK,81a$%K1+5C1hS1+‚1531(N M(K/6
HŽ9$%K,8RQF L(KBJ'(C1F(6(M1G.(?BCB.1,;.,'(*1TŽ:6,',81+531²,[?81U,'1a%<S
G)& WB)? ()K ()M(ZS'8F(S1+()-V$?/J1()?B.R8'(*1#:?8dX[J(.B)Er1 '(M1#$?/J1RFR4(K
#KB)))).''QF ,'(?#)))E_(.1+‚FR/0()))M dp[)))JRQF Ÿ.()))C(M1+5)))C #))).R/I1,'())):$%<$%r,QF,8
o4RF1(I'(K1BY'(*1T'/0F,8
Œ,'/31e$%f1,'(?(K(9$?;.(*1{01d+5C(31(?B.R81'(*1p'(K,8F,81L53t
#.B)f(M1WB)f +()6(K'(M1+45)C H(?R4,FB)ft#)f5C'(Ct+,FB)3F,81#$%N O3B)I Lw()3
ŒR8(*1(?B.R81d(*
'())* 5)3 w,4R/C(). ,'():$%r(I,81+x%I()3 '()-$%SF81,tWR81˜).x$?'t,F5Y'()* ()-./0
Œa%.BK,FR/?81+/?8
#?RQF5C()))3 a%M()))JQF/K1T,'()))IR8,81W5)))3 ,'())))?(KwB31())Z.R'8(M1U())?''8BY1())S(K
H,'(<3B.[$%OJ1WBK,;<6(&1(:f',QF +x$%31FBI/J1+F',8(M
R8#:))6RQF(M1H^^R8hI'())C +'B<$%&())M +FR;$%3'())f``1())M ()?#:?[31()?B.R81L()* +B)6B?
L()))M R'()* t()?R8[-31()3(r(M1Ž)f(?B.B‡$%31()I(‡-%c1L()* d()?R'/31B).BS1G)3 WB)?q1F()J(*
HX'(K,8(.1e6,81ŠKB01L,F'/:6,8
 !! !"#$%&'$()*+,*-
L5))))3 Ÿ<-)))9&,817()))= WB%.BK,;<)))6(&1(:)))f',QF +F()))ES(Y1#-N M()))C R8>$%IBK()))M
WRQF()))J,81(.R;<))))6(&1(:))f',QF1'())* d#))f5C1'())C(M1>$%:))f '/S())=(M1F())3 X'())KF,8
H,'(:$%-E?[3,81,'(.B?F(61#r'(I(31#.(S(KB?[I1'F(Kg[61#YBI(K
a?B:)))6 d+4B.B)))f +())))?B&1())3 ())KtR8F())A<%S1F())6 #.B))?B.R81+'B3())M +FB?;.())&
().R'(*1^^G3(). #.RF(Z%.1#f'/I1WBK(.'(C(31>$%<:6'/.``1T(?(?B6B?1L(*tW'/:9?(J
H,'(I,'RF4P8(. G&1WB?q1531WB?ŠfB31(S(M1#K(?B.BS
+;<))6(&1e))f',QF 5))3 QFB))Y ,FB)))Jq5SB*1'()* U,'1W()= FP41R8WBSB:)E$%*1+FBJqPQF()M
H(?B.R81L(*1+45I(31W(JB.1R8(?+4561781'(M1Lw(31hNO$%y3RF
'@))3 #))f5C'(Cth3B)). WR'QF,'B))0 FP41T()).B?5C1+())K(.BS,41F())= \())).BS,41L()*
+().R'(*15)3 #)<$?8xS1 d#f5C1h$%9K,8RF1#$%M1(.R'41L(31BY'(*1TR8,8/?[_1WB?(9$?;.(*
ŒpQF(J,8RF1'B0(M1WB?14,'(.,'
'(C1,'(<0,81WB?5C1531(.R'41L(3B*t
HHHX/J1+R'B*1RFR4

!JBCC:!%*+K4L!%*+5B:MNO

#<%.R'QF $#I1#<f(0(31H8[K1pQF(31#I(?BP[S1/?8'(*1531+(9$?;.(*1RFR41WB%-$?qPF
+,;?F()))_B*1()))K X'()))KF,815)))3 +())).By%Y1L())))* a?'())* L,''81#.By))%Y1#.B))K,8P@J
o#I/J1T(?,4[&(f1+FR4B*(31#-$?FBJ8F,'F(&
k'/))M dD))$%&1+xS/S())ItU(?'/:))6'/.1#.BK()).'(C1U,'t'B0F())3 ()))IB=R'1LB)%.8t
HpQF(J,8F,'1Nk #E_(.1#:$?;.,'R/C1+FB0B.(31dh<$%|N M/C,81F,'BZ.,F
d()&R[C1'()KB0 h)S a?R'B)* h)$%=R81+'B0F()3 ():$?'(K,81F,'B)Z.,QF +xS/S(I1W50
()9?(.R'(M1HW'()K,8F,8,'1N k1L()-?81#.R'()* +8/)C dL5)C +8/)C #f5CB.1d#f5C
HG3B.18B%<31#.By%Y1dG.R'QF(.1+5C1#IR4(M1#:$%A:E?'1h$%=R8(K
#.BK().Rq1da$%*()M 4R'()K #I()?5C1#?4B)6 ™?()K #:)6(Sg[&1 GIBK1'/:f(01FR4B*
dX'())KF,815))3 šBy))%Y1WRqPQF ()M pqPF1R'B)* H,'():$%0,8@3(M1+5)C #)E_(.1dG)<$%=,8
oŽ:?8
 ./0123$45,+67 !"
()9%S(=1HH,'().'/0@3(M1d#:)6(S1g[)& ()M (?#:?[31+(K(?+4B61d™?(K1d#f5C
5)))3 ())K (?,',F,8F(A$%))6 d())-$?F(J1()).R'(V$%&1dp4'())J,81R8+5))C #.BK())?+'R'(IB.(M
H(K(?+8(3(*1(?#K5KB.
5)))))3 LF()))))K \5CF()))))6 #-$%rR4()))))S d™?())))))K TR8šBy))))%Y1#žF())))6 WB))))%-$?qPF
e)9J1U,'1a?'()* HH,'B)<$%=1 LR81hS(K1p[J,8F,'1N k #I(?Bf5C1>$%N OSBK(.HHX'(KF,8
H(?#S,8B*1#-$%:f(=(31WBK(?#S,8B*,FBK
+(K(N OJ(M1(-./012€P[S1#I(?B6(K1(M1(-$%f(31/-N M(31(P[S1F(=1\,;.,'R/C1'(*
L()))* +/?8())).(M1d()))?(.By%Y1L()))* +,8R41'()))K(?5&BIHH,'/3R;?()))& h))))S +())K,g[J1dh))S
H(%.1,'(.By%Y
F()6531L5)C #)NOJ1dµ'()K L5)C e9&1,',FR4B*(31d+81L5C1+'B0(31L,'(*1Œ(<?R[3
F''81()))K(?#?BSFBI1BY'())))* T,',8[))K Ž))<$?x&1F'/)). #-$?[JB))* p'())M TX[))J 7())= B))%0
HBS(.'B01F(3(M','(I'(K
d­))f(01FR4B))* ()):$%3B.1L,QF,'B3'())* TG3())= ())?#?BSFBI1'())3 LQF,'B))3 F()))J(*1B:)E$%*
oLx$%3,81#S,''81#.By%Y1#.BK,8P@J153(K1(?(S(*HH#I(?B-VJ
W8[)))))K e))))))6(=1'FR4B))))* B%.())))I +81#-$%M())))Z.By%YF(=1+,8R41R8()))).''8F(J1L())))M
G)N
O$%=B.1()?+F,'1():C(31'()* R[$%)C ()-$%.'/31 e$%f17(J(M1\(?,8R41L(*1T(?+FR'(N M5K(3
H,'/:f(01+(.1(-?81#6(K1WBK,;.(SFR4B*1+(Z–$%3(K
,;<)f/K1+4B)3 U()? ()3 GN M()3 HH4B)3 U(?(31R8'(S1h?[IF''81(?BS(I(31+,'';.BS1'(*
#.,'B)C R8#:6B*1(M1G.R/I(.tG3;.B?(J1#K(?,8RF(31#f(K(?#SB_(.1d+'BSR81dpgº3
k()Z.By%Y1dWB)K,;.,'R/C1#S(YF()6 G)<$%=R81+5)C 531F(=1,'(*1TG31,8R@*1deE?'
H(?(-?8
/?8'()M G<?(A)6 ,;$%S/*B). #)$%M ','BS(). \(M1+BS(I(31\(M1W(-3G&1LR'g[31(<?R[3
())KRg[S/J1()).B%J1+B))Z$%Y1()))M #.BK(ž(&()6 W,',F''81+F''81()M ()K ,'().RF(mS(M1'()*
HGI/K,8
e))E%31+())Z.,81'())* +;))%*1T,'/))3 ;$%S/*B))). +',4()M \()M W()-3$ƒ&1LR'g[)3 Œ()<?R[3
+F()ES(Y1W;.R',[)6 $#)I F()6(31#:)E?'1BY'()*HH8[)K,81#Z.B)3 ,'(.'/3(=1#N M8(M(K
8Ru%S,8B)))* +‚1Lw()3 HHG<$%r():3GI1L,''81#.By)%Y15)3 ,'().B%$%M1d#‡)E31WBK(:)6(3F(3
 !l !"#$%&'$()*+,*-
'/S()=(M1#)<I[JF''85C1 d#:$?8F(SB.(31(-./01(?,'RFBf1FBZ–$%=1(S,''81(.By%Y1'(*
a%.'/3()))= #)N M81Hi()3 d^W'/3().``1()M >$%.B)§B*1()I,'/31#.BK()?#I(?BP[S1(I(¤%)6
Hp';31R8>N M(C17(J(M1#.R/IB.1p/$%CB*(.1€P[S1U,'1F(J(*
#-$?FB)))K ()))‡$%*15)))3 W'/3()))= #.BS4()))).B<$%=1dtW'/3())=t#.;.B©())6 +(K(%:))6RF
'[I5SB.()K ,'/I'()K(.F,81WB)I531()?R/J1o,'().,;31Lw,'1Œ()<?R[3tBY'())*,81H(:C(6,[_
†,'R[<$%©(61(ZN M(31(31ŠfB3(K1(?,'(*1G:fF(=1+[I1[?(6
#.'/3(=1R[-fB*(31TW'/01>$%I1d#K5KB.1#.'/3R;$%I1+Rg[$?'1^^8/C``1(IR41'(*1Lw(3
dG))<3R81F,/$%&B))IHH+5))C #:))E?'1#.R8QFB)))Y dWB)<$%=R81():$?'(K,81d$³%$©()6,81+5)C
()?R'1 (S(*1T(f(M1#N
MR8'(*1F(=1,'(?5C1+456178(Mt8/C1HB-31+8FB?81WBK(:f1#C[.
HR;3 h?g[_1#.B-I1,'(?#.BK,'B-f1>$%I(N MB3(31dG31#.BK(.'(C1#‡r/.1\(K(f(M1B3
TB))K,81LRQF +5))C ,'(?+45))6 78()))3 R8#.B)K,''4,FB*1+wBK()? +'B<$%&()M +()IR4'(*
HBK,81[I1;.(S,[=(31+5C1#fFR4/J1B-31“f(S1Š&1+',41d\(M1+4F(31(?B&1531;.(0
G)))& #-N M())C ,'B:))E$%*(M(K1L''8[))K +())? #<%Z.())6 ,4B))I '())* +[$%))_ L5))C #))IR4
(:))))f #))))© ())))b,q(.1L5))))C +F())))6 ,'R'8()))3 B:)))E$%*(M1L''8[)))K +[$%)))_ oL()))K,8[$%_
HŽ<$%|NM/C,81G&1+',41+B.BS1dL(K,8,',4F(31ŸN OJ1#-$?F(61/-N M(3HH,'(.BK(?#.B§B*
W[)))$?xA317()))= ()))?BZ$?FQ1'())))* #))I',QF L())K,81(:))E?'1,4B))I '())* +[$%))_ #-N
M())C h))S
())?BZ$?F1'())M L())K,81WB))?[$%_HHW'/))3 X,F1R;))%$%&1()).BY'(J1())K(M(ZS'8F(S1F())3','(M(K
HHRu?[I17(=1N k1#.BK(<%31U'/61,;<NO31#0Br1U,'F(=1TRu?[I(.17(=1N k1WB%0Br1dh3B%<N M8
+F()6(r,8(61 +'B<$%&(M1d'B31(I(.''8[K1WB%.BK(?#.B§B*1(:f1h-$%.B6(K1\(.R'(*
dLB)6(31+().R[=,q1'()* \,'()* +Rg[)$?'1HW'B)<$%=R81 WB%.BK,'RqF1(<$?/C1(&5N M81R8F(f(3
e6,8(M1(.B?/:E?'1W''8F'B=1WB?F,81,'(f(M1d+',4(M1F(= W'/3,8P@J1,'(.B%I,4(M
R;))))$%&15)))))C HW'/I'()))KF,815)))3 ,',F''8()))M WB%.BK,[$%:)))6(*HHh)))3 ,;.()))=,F1#I()))AJ(.
',',8FR/))))C WB%)))))9%&1()))?5312(?B)))6RF(61deC()))6 +QF()))&'(*1#-$?FB)))K WB%<:)))9?(J
oWB?;.BSg[&
R;.B?F()))6(31','())<$?[KB.1,'(.B‡))9$%&(M1WBK())?#.B§B*1B))Z$?QF #))0531Œ,'())CR8(3``
$#)))I ()-?81#K()?+F,'(:C(31',F()3 '()K +^^>$%.'/3()=``1',F()3 dh?()-31a)$%K1WB)S5C
HHŒ†Ÿ<$%r(:3
 ./0123$45,+67 !…
()-N
M(C1'()*HHW'B)<$%=R81WB)?5C15)3 WB%.BK()<$?/C(M1 g[&1(.B–<_1d(9$?;.(*1,'(IBK'(M
HW4B).,81[$%)3 '[$%C()3 \(M1d+',4(M1F''81WBI,'(*HHhJ(S(*1G31'/31#CB?1+(N MPQF U,'
,'()?+',4(M1WB%.BK(?#I(?B)f5C1 (KQF/VS1d#.RF,4/J1\5C(K1,'(IP8[31WB?5C1@3(M
"
W'/3R;?(&

(?(?()9:$%.1 '(*1(S(*B*1o,'R[-6B31,'BI,F(61(M1U,'F(=1,'(<?(K,81FR8BJB*1u?4B*1+F(<$?/C "

+,8R41G:)6F(&1+,818Ru%S,8B)* +()IR41 '(*1,'(?‚(31TBK,81R[-fB*1+5C1+QF,'BA$%31+(ZN M(3(K
#)fBI1()<$?'1+5)C #N OJ()M ','B)<$%=R81+R/)C €P[)S oŸ)$%ON31+81#)K,'1WB)? T(.B?5C1#IwB?(C
p[KB)). +()).R'R4R[I1,@)))3 '()* 5)3 H,'B)9$%K17()= R8F()3(31#.B%J,'[)6 +5)C +g[J()M ',''8[)K
T,'()<%NM5-$%M1'()<C,QF #I()3B31():$%3,81(K()9%*1B).,81 ,'(<?(-31WB%I,QF de6,81(<%$%31L(YF(6
'())M ,'()).'/318F'1Nk 5))3 h?())-31˜.B))3 WRF())<$?/C1Ÿ))9?FB0B.1HG)))0,8F,81WRg[%$ JF,'()M +;)%*
'()* G)3,81B)%<N M81F()<$?/C1B)6'(*HHB)K,81 WB?[?(61,'(?#I(?R/C1+'B0(31(9:$%.1(K1(.BI(¤%6
#))f(K(S,''81()).By%Y1T())%.1())‡$%*1+())K(?R/C1G))IB3,81#))f[$%=1+(_/))6(O?(_1L()))* +()?R/C
HŸ3R8'(*1/$%.(M1(‡$%*(K1+,'(MF(31(?R;.BS/$%.(M1'(*(K1(.BS(?#.B%J1(.By%Y1'(*1+(Z–$%3
BY'(*t#I(?'';.R/$%f1','/I[Jt+F,'t,'(?#:$%SB6(M1#:$?FB*1(K1,'/0F,81(<?81'( M (9:$%.
'(M+[J,81R8BZN M(S5K(M1h?81+FB-<$?/f(M1(<C,QF d+(K(Iw(6,81'[3,4(31,@31+[?x$%.1(I,'/3
#
$ )))& +()))K(?#CB?1())).''F,81+FR'B))))= ())?,'(*(.1~,'/))I[J1+,FB3())MB.1,FB))3 R8+(:))E$?'1N
())=
'FBK1dp[J,81LRFB*1R;%$%I1WB%J(K1+(<?81'(*1H#$?FQ(:6RQF F(61(:$?'(-31 (9?,'(*(.1HH+@Z3RQF
#IBK()))M(K1,'()))<%<$%=,81()))9:$%.1#K(?())Er1\B:))E$%*1H$+[))C,81>))$%&/-$?F$#&1#N M())S5K1+FB))3
5)3 £ diB).R/C1 531£1(-$?;.(& \(?(I/J1'(*1T#I(?'/I/JtRFR4t1R8(A$%:K1L(*1+,'(<%6'/.
#-$%.R/Y()))VK(K1,'^(S5MB))65M1/IB))C`1+‚())M ())9:$%.1R8^WP45))M`1#K())?(VCB3(M1HiB.()).R/C
XB))S'g[K18[))K,81R87())J(M1+())Er1R8>$%IBK())M HX[))JRQF #)))MN81,'()CB.(M1de)9%.R81'/)3 i''QF
d+[))?q1#)).RQF5J1'()))f(J1+''x)$%S1,'(-)E$%S[_1g[)& +'B0()3 ()9:$%.1R'()* o#):?81^5)M`1H'/)3,8
WBfB&1T,'/31>$%:6F(&R/C1W50(K1BK,81531#:$?'‚1#.wB61#6B31T,'(:$?[$%J,81531+5C1#?@3
#-$%.By)%Y1dpQF()& G)I R;$%&1#.B?q1G3,8(K1R81>$%.By%Y(M1#?RQFRQF dWBS/J1#.BK(•B.5r1(IBJ,8
o#6'/.1+(K(Er1''x$%S1+FB31531a%.'/IBC1d#I/J1'(*1HG31\R/C1$ƒ3
()))S(-3''QF BY'()))* HŽ:))))9?(J(.1#))9%:6(3(S(31'8[))-$%&1#:))6,81L@))3 #?u$%Z.,F())6 R'B))*``
hS(K1G31G.50F(=HH,4BI1#-$%.B‡%*1(S(Z31WB?1H,'(S,;3B31WB‡%*1',F(31(%.1\B3R'1+(*HHp/K
H^^,'(‡<$%¯1#.R8F(J1F(6(31U(.1T,ŠfB31L,'(.'/314(ZfB&1Tn.BSB*1(S(Z31šR/I(.
 !’ !"#$%&'$()*+,*-
WB?1+4R'(.1781#.BK(?5=(K1+,'(31X,FB3(6HH,'(:$?81R8WR4F(31(?B&(31#?,4(31RFR4
,FB)))?81TW'/34B))3F,81+',41d\())M #.BSF())_(M(K1T,'()):$%3B.1WB))%$%M1#))rF1+8())I(.'B<$%=
UB))0 /-N M()))3 HHG)3B.@J1Ž)f(C1WB)%$%M1,'()f(.(?‚1L()M WB)E?81HHW'/)3 B)_,'1G)3 +()NMPF
#.;.B))|N M/C1+'B<$%&())M p4R/))C,815)))3 R8WB)?5C1#)E_(.1F()6(31WB)%.'/317R41','().'/3
H(.B?(=(K1+(f(M1'(M1[IwB31#f(M
dNB?())C 5))3 +45))6(K1G:)))6B.17()= #)rF1,'/)3 ,'()KB01()f5C(.1'()M RFR41WB)E?8
R8+()))KR/C1+QF5)))Jt1+8F())))J(31G))0,81R8'())f,/%.1())M dp/))$?u3,81+5))C +())9$?;.(*
,'(:$?QF/6,8
+FB3()3 \(M1d#f5C(.1+FB-<$?/f(M1(Z–$%31R8,'/31(KB01'(*1#-E$%S[_(M1Lw(3HH
HG<%3B.1(-?81#01,'‚'(3
())IBJ,81B))I TW'/))3 FP41h$?/$%))f5C1''¬))J ,'5C())3 #))f5C(.1R8>$%.B)))S,41'/S()=(M
Hh?FB%.R41#N
MR8'(*1(K1p'B.1WB?(.B6(K'(*1+,FB01i,'(=1d#N Or(*1G31+,8RQF
Œ+4561781(M1(?1#:?[3(K1,'(:$%3,81+;<6(&1FBKB*1h?[I,8B6(M1WB%rF1(.R'(*
'QF,'B)3 F()J(*1 H,'(.,8,81QF'B*1WBK(-?FBI1(S,81F(61531','R''81531(9%S(=1(.R'(*
R81\5))))= #)))6,'(=(M1R/)))C B)))6'(*1()))?R/3(=1WB?#I()))A?BI1#)))Sq/J1'FB)))3 #I(?B:$%)))f
H'/3,81>$%.R'BI1a%-$%.BS/J1'/S(=1dX'(K,8F,8,'
\B)%<N M81HHW()C,81F,8,'1WB)?5C1 R8R/C1+,/$%f1'(<$?'(M(K1W/%6B.1šR'(*1#fB3(3
dh<$%y)3 G)& WB)?QF,'B31#-NM()C ,'()<3,81,'()* ',F(31WB%.BK,''4,FB*1#S(YF(6(K1L'/3
'())M ()).B%K,F(J1+()).B‡%*1'())* H>$%.R'B)))I ():$%A31R;)$%I1WB%)9%K(?#N
M8'81dWB)S/J1'/S()=
'()-?81k()Z.By%Y(31WB?QF,'B3().t().R'(*1H,''8[)K G&1ŽKF81\B31h<$%m6(V%31R8(-N M(C
'()* U,'1a?'()* HHWBy)%Y1+F()6 (r,8()6 ()<3,8(K1()?(.B<$?/C1()&5N M81 '(31WB?QF,'B3(.
#.'/3()))))= '()))-$?F,'(.'/31,'‚()))3 WB%)))f(M1+8/)))C '()))f(M(31WB?QF,'B3()))K ()))?(-N
M(C
]‘
H(?+FB0B.

H°1H1°11,'R@JF,'1^#S‚B=1B%.R8`1#A$%:K(M1»t ]

H#K,FB0B.1#.'/3(=1WB?1+FB0B.1#.'/3(=1o8/Y/MR1¼YR/MR1HF,'(.'/31oh*BK1 ]‘
 ./0123$45,+67 !
4()c dW()K,81\()M +[?(61FR8,8F,81#-$?F,'(.'/31U,'1(-N M(C1'(*1(?(=1,;.,'(*
,8xS()))M p/))JtG)).,81,/))$%&1WB%N
MB&())K ())?,'(*1T,',F,81())<$%31WB))?5C1#N
M'())K(M1W())K,8
(-?8k(Z.By%Y1'(*1(:$?g[3,81G&1WB?'B0(K1(f(%<$%JuS1'(*1F(=1W[Z31²F(S1#9C(3
HH,'()I,'/3B%Y1+()K,8F,8(M(K W[)Z31()f(M1'()* #Z.,8()M p/)J ,/$%*1ŒWB?R[31Lw(3
t,'()-?81#.BK()Z.,81'B0()3t7w'41#KB)& #-$%Z.,8()3 ,'/)3 4B)3F,81()f(M1 '(*1(-./0
HG<$?'81WBI,8
(CB))6 \())M '())*HHp'8,81,'())K(?+8F(J1G))3 d+45))6 781'/S()))=(31±B)6 #)f(M
dWB?())))3HH()))?'/N
MB&FR/01+())):C,QF #-$%./:)))6 U,'1+F()))6 #r'()))IBI1,'()))?$ƒ&1#<3()))M
H+',41+BIR'1+wBK(?1(M1(?#:?[31#f(K(? +x$%A.R/Y
HHX/J1+R'B*1RFR4

!P'.!%*"#'Q34G!'2-.+O
!
,4B)))A$?F1(:)E?'1G)& oW()K,81\()M(31():N
MBJ1()K ()?(.R'(*1+''F1',F()3 L;)./I1+()Er
WB)%.BS41dhN
O$%y)3 GY()3 WB%.BK()f(M1(.B%)9?F(6(M1 Lw(31HHWQF5J(.1WB%.BK(?+FBJq5SB*
H(?(.1N
k +,u_1d$#317‚
U,'1()))M(ZS'8F(S1'()))* #)))0531+8()))*tšB)))%J1d\())))M h))StoG))N
M,81'())N
MR;<S1R'())*
TG))6B.,81+5))C ','())I531B))?F'1+()))P[S1'()* #)3 G.50F()=HH†W()KB.1()Er1WBK()N
MR;<S
,'R[)K B)=,F1#K(?()f'1B%.()I a%.B%J1TŽ-$%f(M1B%.(I1,'(‡-$%:f1'/S(=(31hS``1oGN
M,8
H^^(f(M1L(*1#-$%f(31#.8[K1+FB?8153
()KBI15)3 >$%SR;.()= ;.()0 dHH\5)= 5)3 '/IB)= >)$%&1#-$?[$%SB)* 5K()M (?#:?[31\(M
HWR/f1,'(*1F(=1'(M(J1,'(*1F(=1T#:fB*1d˜.(Y1#.R;?(S1,'(*1F(=1HU(?BIR'
TWB))%J1#))$%N
M,81#))$%&15I())K ()))%.F,8(31X()f5=1'()* +4R[SB*()M e)f(M1,[$%SB)* Œ()MR[3
HX(K(.4(S1(f5=1531(K(?(M5-V31(?+FB?1d>$?4R[SB*1(-VJ1a%S(*
 !ˆ !"#$%&'$()*+,*-
te?()K(.1 de?(-3R'g[31! Lw(31TpQF(J,81GI1XB3,u%_1(?,x$%31L(31dhS``1+x$%3,815I
'())* H#I()))?,'(.8[K@31+[$%SB)* ,F'()J '(:)f(M1a?'()* T()?(=1[I,F'()J #:)f ,'‚'()M
+(JFBf(c1',4(*1'(<S1+5C1'(*1(-./012G9$%KB.17(=1+5C1,',^hS`1+,x$%3(31(f(M
H(?R[-fB*1#K(?#:$%6(K
#?B)I5K1R8+5)C #IR4()M BK,81$#&1#KF,81\5=1dBK,81WBK(:6(=(M1FBK1+(:f '(*
>$%:)f '/S(=1R81WR'(M(K1h<$%©(E31e$%&1W,8,817'(=1\5=1de6(=1,;.(0F(=1T(?B.
Πh?B35C(M1;.(01+B*1HHp81#?BI5K
'())M \(<%r(:))6RQF +8/))C TŸ)). F,8())3 >$?4R[SB))* d+FB)))? ;.()0(M1\5)= de)6(=
#.BK()))?p/J(31dŸ<-))9&1())I,'/I'(K1e))6(=1#.BK,'B0())3 ','R;)):S1+5C,'()).B?/?8
HhI[J1p/J1(I,'/I'(K1\5=
WB)fB&1T,[)J LBž()* '()C(?1 '(:6,81T,[J1p/J1'F(<-9&1R'F(=1^^8/C``1LR',8F(3
'@)))))3 +/)))?81'()))M Œ()))MR[31HG)))3,817R41dpQF/)))C,81#I(?B)))6(K1F()))6(31dG)))<$%C''QF,8
'(*1T,FB?8B.1+B.R81(-./01,'B.1(653(M1+5C1[I,F'(J1#-$?FR;Iw(6,81,'(:.BK(:6(=
#)r,81()IR4'(*1WB)E?81T,@)J LBr()6 R85I1#f(M1t(M(K1(?(IR4'(*1+8/C1F(=1\(?B.R8
7R41','(:$%-)931R81e?B).R81h?Š)KB01F()6(31 (?(=1(f5=1'(*1R85I1#f(M1]](?5I1#f(M

G))3 #))_‚1h?[IR'F())& G)))3 '()Er1h)?[IR[S/J1'().‚/-.1#).R817'()=(M1u$?FQ()3 +F()<$?/C1B)?B*1]]

e)6,8,'14F()3 ,F()= +@31'QF,'B31#.;.B©(61'R/C1#.'/3(=1#IBmE%*1(?R[3BK1'(*1#I(?R/C
qPF1+QF,'B))3 o,'())IP8[K k N1WB))S‚1R81WBS(K(?#K())9$%&(M(K1())?,'(.R8FBK1\,'()))* HH†G)<$%=B.
'()* ()?5312p[)-31 {%M,41(K,F(J1','B.R81#.BK'/61#-$?4(c1di,'(=1,[$%SB*(31#f(M1#?R'B*
+BI,F())))6 ,',FR;.B))))‡%*1#Iw())))=qPQF +‚()))))3 a%.B)))?q``1,''8[)))K WB?q()))M #)))N
M'/-.1,QF,'B)))3
tR81€P[))S +,FR'())r(M1())?(.'/0531'())* F())6 5))3 ,'B)))<$%=1#)f[$%=(K1()9:$%.1^^()?#I(?R[S(.
5)3 ³
$ )$?4R[I,81#)-$%M1BY'()* HH,',F,815)3 #)f,','B.1+,','B). 531,'(IBK,8''q,'B*1+,',F,8
\()M ()K ,'B). \,'()M #)$%&1 T#0,81/$%.(M1(-$%f5J1/f5=1#:$%6(K1,'(?‚(31T#:$%6(K1'8/C
#.'/3(=1(?(IR41'(*1R81+5C(M1+5C1W(=1R;%$%I1+(.R'RFBf1dX''QF 'F,817B&1,u$%=1'(*17(J(M
H+;.,'R/C1+(O&1(:$%.(?(J,81€P[SBI1puC,81N BS(K1',F(31'(? +FB0B.
 ./0123$45,+67 "‘
R85I()))M(K1B))-31())?#I(?B.R81'())* +FB))0B.1e))f(M1G)).R4,815I'())* #K())?5=1a))$%K1TG))3
Œ†(:f1h?ŠfB3
'()))?B&1G)))3,81oGN
M,8())))K p81#.B))K,F',81dX(K(?#:$%))6(K(31+())S(J1X5))C #))IR4
#:$%)))EK1+F()))A$?F1h)))S F()))= +8()))* HH†G3()))). Ž:))6(3(S1',F())3(K1G))3#01@))3 #?4F())3
M,81#:$%)6(K(31XR41]†L'/3(). #.BK,'().8[K@31#)9C(31\''[)6 hSF()=HHL'/3().
oG))N
TG)A31+FB)J4QF ,FR4B)* '()M ,'(IBK,8 a?@31d+x$%0,81FR4B*1BY'(*1H(-31FR4B*(31e6(=
XB-31(:6(3(S1'(M1''QF (K1(9?FB0B.
,x$?F8())M a?@)3 dG)3,818B)f BY'()* H()-31+8B)f(31e)6(=1oG)N
M,81#:$%)6(K(31XR4
H(:6(3(S1'(*1(IB-3''QF(K1(9?FB0B.1T,'(IBK,81(?+8Bf1'(*1#.R;$%&
WB?(K(?#I(?BK'/)))6R;%:6RQF(M1oŽ))$%N
M,81#))f(M1#.RF())-$%&1()):N
MBJ(31())?(=1ŽK(?())Er
†h38[KR;?(&1#:E?'1#.R4F8(r1d#I(?BK'/61dWB.1N  u$?F1GK1G3,81+(*1H,u$?QF '(?B&
()K +(<f(01'(3TW'B.1XB%<31+5C1#E_(.1531#I(?BK'/61dWB.1N
ku$?F1h$%=R81#IR4
HW''8[KR;?(&1+5C531#I,4(M1da$%*
+5)C #I()SuC15)3 \R'B)* ,'()<$%N
M/Y,81 '(*1#:E?'(31>$%-6B31W501h$%=R81#f(M
H,'';.B|N
M/C1#f5=
HW(K,81WBI,'RFBf1#IR41#I(SuC1R81WB:%:$%f1d#I(?BK'/61+FB3(M1X(A?BI(31,/$%*
+4R'12p[))¯ p'())?,81+5))C531,/))$%*1#IR4())S,/$%*17()))J(M1\()M #.RF()-$%&1():N
MBJ1+()*

G)IBK1\R'8,'()M H,'()‡<$%y%31F()= L'/)3 a?FB0B.1Lw(31,g[31XF/K1FP41(?(Er1L(*1,;.(0F(=

4()c U()?,'(<%NM5-$%M1+B)Z$%Y1():$%3,81 ,'(<%3,81R'B*qPQF +,F'(J1(_/6(O?(_1'(*1+(S(YF(I(M
#:))6RQF F()6(M1G)3 FR8()?B&1h)?[Z3F,'1U()?(ZN M(31R8'()* #I()?R/C(MBI1##)3 #-?F()C +()K,8
H>$%f(M1e9J1F(31(?#I(?''8[K1+,[S(.1(.B%J,'[61'(31'R/C1#I(?BKBI(31Xw(=qPQF +QF,'B3
°H°
o,'R[6'/.1R8,;.(31L(M1dR8(„6/.1''81+^l…` ,QF(&‚1(M1]
WBS()= 5)3 WB)E?81HG)3'R'1()3 ^.%!/01` Ž)0,81,'()* 531hS1^^(%SBEI'1[-¤MR1XR201 ƒ=BS``
HG31^R'`1(M1U(.1^RF`1(31^,;*RF`1WB%9%S(*1G3,81^(%½„9MR1,;*R'1B.R1o,'R[6'/.(K1;.(3
 "] !"#$%&'$()*+,*-
#)f''4,FB*1+QF()&'(*1 T#<$%y31#$%Y(31#I(?BS(I(31+,'(*1G.R/IB.1(-./012B<$%=1WB?q(M
\,'4,FB)* '(*1+81(<IB=1#IBK1HHG31,'(?5C1#I(?R;<NO3(M1$ƒ6(K1#.B<$%=R8(M1(?#:?[3
H(.BS(.1+BS(I(31,/$%*1#IR41Œ\(M1#.RF(-$%&1(:N
MBJ1+(*1,'(*1F(3(M12,'/01F(6(3
W()-31\()M(31 (:N
MBJ1G.,81,/$%&1WB:N
MB&1(?(S(*1F(=12(.BS(.1+;.(S''4FB*1,/$%*1#IR4
+',41dWB?q1F(6(M1WB:?FR'(N
M5K1+,8R4HHh<$%|NM/¢1ŠfB31WBI5C(M1R[K(.1WBI531(-./0
dXB))6 ;.())0 #))6,'(=1'4())c ())M h)).Ru31+,'())* G3()3 G.BI,'()*B*HH1()?(N
M5I1dŽ)f(C
Œ\()M ()K d\()M #.RF()-$%&(:N
MBJ1+()* HHB)C,8F,8,'1 +5C1R81WBI'R8‚1#-$%.BK'[I'B0
+(<$?/)f '()* ()IBZ31L()KB.1+8()3 R;$%I1WB:-$?F,4/J1(-./012›B.1X,QF R8,/$%*1+4BA$?F(3
Hp'(K,8F,8,'1N
k +wB31#P[S
#X/J1+R'B*1RFR4

!@+5'&%7'&+R<9!C$'S
!
R'()))* '/)3 X5)C #I()A?BI1\(?;<)6(&1'()* T'/3()= eK(?+;<)6(&15)I F()J(*1ŒLR[)3
,'(?5C1+'B.(31p'(:f,81WBS/J1$#31H$ƒ3B.1FR;f(31R;$%I1+(-?81#6(K1X5C1+(Z–$%3
'())* +5=())3 Lw())3 HH+())-31R81U())I(M1+4R'1B:?4B))6 d™?())K +B)))& ()M +()-31+[$?8'B).
'()))3 2,''8[)))K FR;)))f(31R;)))$%I1X()))K(M(ZS'8F(S1,/))))?g[31R81XF())6(3(K1,'(?+FB%))6B.
H+'/31(M(J1'B*1,'(:?;<6(&1dX5C(31,'(I,FB3(6
šB)))%J1+,'()* de)$?[J,8F,/$%&1#I,4()M šB)%J1+,'()* o#$%N O3()K ()fB3R'15)I 5)3 ŒLR[)3
R8#).8[-$%&1UF,8()MHHWB)<$%='B.1()M ,Š.4()S dh?g[3F,8()M ,[IwB)3tp[)J,8F,'1 G&1#9$%*
HBK,81R;?(&1#:$%6[31d#IBr1R81L'B.(=(M1\(?+FR'(N M5K1'(*1LFR'(NM5K
L(K(31ef1R838[K1WB9%.1e6,81#IBK(M(K1G31[IN‚B31,'(M1X(?;<6(&1FBKB*1'(*1B3
())N
M‚(31'())K(S1LF())f D))%=1R81()).8[K1+FB))?81'())* +,F())r(M1X5))C a%-%IB)))K HH#).Ru3
toGNO31,',F/I1,F/I(31(IR'(K12(<$%KF81#31,'G.BI(&
HHL(K,81N
 1+4(c(K1(?,[$%C1'(*1T(S(*t
HH#<$?q''F',81Ž%SB6F(6(K1(?'(*1T(S(*t
 ./0123$45,+67 "
HHp'(SB.1G3(.1(Z.,QF '(31>$?[$%C1de$%31T(IR'(Kt
HHWBK,;.,'R/C1(M1G31>$?FBJ8F,'F(&1#:6R/C(31(K1p'B.1L(.B:f'(M1TLBK1D%=t
HHG31#S,8B*1+[$%m6RQF de6R/C(31p'B.1T1Ž9%-$?FBKt
HHB-31Ž%<%A$?F1WBK,[S(.1(:f(=(31'wB31#.By%Y1',F(31(K,F(J(.1TŽ-$?8(N M(31D%=t
ŠS()K \,'()M HH(?R;$%I1#?B.R81>$%S(K1(-./01T(?+',41#:$%KB&(M1B%.(I1L4(c1oGN O3
+().¬$%=1,'()‡-?u.1()M ()?,;<N MB3 '()* TW'/IB=1>$%&1+F(6(M1(K1(?(=1R;$%I1#K(?#:6RQF
,'())<S1hK())M \B:))E$%*1B)))* HH,'():$?81R;)$%&1Ž?,4()3 dp',81Ž)f5C1()?531,'/:)6(317()=
())))).BI(&1()))N
M‚1'()))-31()))Er1,4F()))I '()))3 B)))* H#I()))?5C1+()))<?g[$?41()))-O$%=1+'/I'()))Kg[K
HGN
O31R817(=1R8#$%&1'(-31±R8F(&1X5C1+^#I(?R;<6(&`
#.,'BC1B:E$%*1LN‚(31TWB.,8R81X(&R[C(31'/31X(=1+(6,'(=1'4(c1'(*1a$%&1,'(M
F())6 ())-./012W'/))3 R;?())& ,'(:.BK())6,'(=1'4()))c #)E_(.(M(K1#.BK,;<)6(&1,FB)KB*
d+;<))6(&1e))f',QF ()).'/31B))Y '()))* T,'().R4(c1'()* (I,'/:)EC1e.BK(:)6(3(S1G)&5I
e.BK()))6,'(=1''4()c '/S()= #)<%3,81\‚'()S(M1Th)I5C15)3 ,'()I5C(M(K1#I(?B)f5C
HH#I(?R;<6(& (<3,8
B)3 H()?R'1()S(*1T(:)9?[_1 (:$%3,8t(?R81X(9$%N OK(M1+(.B:?(f1'(*1#<%3,81\‚'(S(M
d@)JFBS,81+()N M(S5K(M1B)3! ()?R'(S(*HHh))6,'(=1dªF1+FBKF(3(K1#31\(.B6(K1'(M15I
H#31Ww8(M(<%K
\5C1+F,'(M(&1\B:E$%*1WBI,'(*1TW'/3RuC1WBK(.wR8(M1WBK,QF81(J(61a$%&1,'(M
())-V<?F4(31>))$%I‚1,Š))f/c1';.B)))-0R81#-$%S()¾N M(S1,'():.BK,[=,q(M1WB)§B*1TW4R'B)*
Π+()K,8g[_1N k1#I,4()M(31+@)f X5)C +FBK()3 5I1\B:E$%*1HH;.RQF50R81+@f1,',8F,8
#I())?B<Sq'8(M1d()?R81pQF5J()M +81#K()?(&R[C1Lw()3 TG)3B.1R;?()& N k1X()&R[C1R8'()S(M
e:)))))6(=1GIBKF()))=t,[)))Z31N
k Ž)))$?/J1ŒLR[)))3 HG)))3,81R;?()))& ,'(:.BK,;<)))6(&1(:)))f',QF
WB)6B*1 531e9?FR4/JRQF ','/3@J1GY1R;$%I1eK(?1+;<6(&1(?R'1+B.BS18[K1#.RF(SBK(3
HBK,8
Ÿ3BJB*()3 \,'()M G)3,81HH()KB01 FP41#-$%:f(S(*1G31;<6(&1ef',QF ,[_1€P[S(K
H#:C(38(31(:$%3,81N k1+(?;<6(&1,[_1L(*(K
 "! !"#$%&'$()*+,*-
,'(.BK,;<))))))))6(&1,FB))))))KB*1+BZ.R;?())))))S ())))))<?4(3R8(31X,FB3())))))6 F())))))f5-$%I1FP4
ŒWq/-31WB?5C1R81WB3B%3(M1BI1,'/I[J17(=1WB?5C1+F(61FB0B.1W/31X(K(f,;<$%=
;.()))0 ().R'(*1o1().Ru31,'()* ŒLR[)3 G)3 ¿R[)C ,'‚()3 e-$%Z.()Y 'QF()f '/S()= 5I()K
+(K,;<))6(&1(M(Z:)))f',QF +8/)C /$%.()M ()-./012À)3 F()= G)3,81dh?FB)0B.1#-$%YF()S
H(?(=1+5C1+4F(31(?B&1WB?(K(?1F(=1/$%<Y1dWBS/J1d^;Ec`1#<JF41R85I
',[IN
‚B))3 #K())?(O&1+BS()))I(31X,;<)6(&1(M(Z:)f',F1'()M ()K(?1F()= Œ,',F()-31'B)0
,;.()))3 ()IBK1WB)%31dp[)Z31R81X()K(M(J@31'/S()= F()6(31e)6,81()?BS(I(31WB?()K(?F(=
k1WB)?,u_1dG)<31,45rBr()M #)& WB)?5I1#:)E?'(f5C1 '(<%K1d#?,QF'/I1d+5C1#.BSF(_
N
H+gº3
HB3,81WB?(-?81+'(*(3t#Z.F41te.BK,;<6(&1(:f',QF(M1>%SBKF(=
HGN
O$%y.B?B.1'R8,815KB&1,;<6(&1(M(Z:f',F1'(*1'(-$?F(<$%r5I1a%Z.F41WBE?8
#))<?[=,q1+''u0()))K G)0,81,8F()S '()3 ,'()?#Z.F41+()V$%&1,g[)J ():$?'(-31+,'()*
HR;31,'(?,;<f/K1#<$?/f1(31>9&''8
,'()):$%3,8F(=1,q/)K5C1',F,85C()3 /)$%<Y1WB)%SBK1T#.R4B). ,'()* ŒL5)C #KB)K pF()*
ΠWBK(KB&1(:f',QF(M1>$%K(?
He$?'(K1+5C1+''F(61(:E?'G&1(?,F,'(.'/31'(*1F(=1€P[S
5)I ()-./012p/)3 \5)C U()? U()? X5)C k(J;<)6(&1(IF()6(M1ŒL5)C #KBK1(IR'(K
HG0,81/$%.(M1,'(.R;<6(&1,FBKB*1'(*1+5=(3
#X/J1+R'B*1RFR4

!C+5#T(!U'V!0#+6*"C+7
!
p'(.B:)f,81,'';.Br()M(.1+F()6 ()K(N M,qB*1 B:9$%=1ŒWBK(<$%=1Ÿ.(-$%&1dF,'8R81+(*
T())K,'BKQFu317())= ,FB))A.R'BI1+F())6 ,'()))* W'/SF()_HH1†W()KF,81F()6(M1+()N
M5I1+FB)?g[3
HG<$?'81WBI,8 ,'(%.BKBZ%.(M1UB<SB61#K(?#.BK'/61oWQF5<931dGr50,817(=1BI,'(*
 ./0123$45,+67 ""
(:))E?'1G&()))K G)0B.F,81(:)f '()M #:$%)6(K1oh)$%N M,81WB):$%&1()K,FBA.R'BI1+'B)0''8
5)))3 W4()))S #K(?#I(?BK'/)))6 ())))M ())?#:?[31a))%<S1#:$%))6(K1HŸ3,',4F())3 R8+F())6(3
H8RuS,8B*
#IB)))K ())))?R'1+B)).BS18[))KF,81R8+5))C F())6(31#.BSF())_ ,FB))A.R'BI1'())* R81>$%IBK())M
,'(:$%)9KR81#.B)Su.15)3 (?,'(.B)9K1N ()= #)CP81L()M W,8(S(Z$?F1(IR'(K1H1#I(?#JF(S
+5)))C +Ru))))6 (-$%))6(K1+F())K FB))J4F1())KBI1²F())S ())-./012W())-A$%M1#)).8[S1+())M(&H
#.B3,[y)%S1WBI(K,'(.;.()6 ª()= B)3 Œ(<?F,'18R81+(*1H(?,4R;.(*1,F''81L(*1(:$%.(?(Z3
F()= HG)3 WB)?q1+().BKB&1WBI(K(:)6(3(S1B)3 R81WB:JF()S #.BSF()_(K1 F(=1HG3(.1(N M5I1G3
h))$%.17())= >$?F()))mS(M1Wq/)K WB)?,81+().R'(*1dWB)I5C1WR/$%.()M(K1()%.1i()3 WBI,;.,'()*
L())3 B)* HHwB)3 #)P[S1+().B‹815)3 G)3 h)?g[3F,81\PF()& WB:?FBAS()C (:)E?'$#&1/-N
M()3
HW(K,81WBI,'(.BS1+(.BKB&1,'(.BI5C1WB3(M1(Z.,QF
R/)E?F1'()f5C(.1()K h)$%<3R81 +R'1HH(?(O?g[$?/C1oh$%N M(S1d(<Sq'81(?R[3BK1'(*1oh$%N O3
\5)& F'/)6 N k1X5)C B:)E$%*(KtF,'8R81#3B.()Y \5I1H(%.1FBA.R'BI1','/01>$%I1HH(%.
WB?())-N
M(C1L())* 5))3 hI';.BS'())r R81X,'()).8[K1@3())M +,'/S())= '())* de)))$%3t,''8[)K
+()?R[3BK1'()*tB)* oh)$%N
M,81,',FR'B=()3(K1#:)E%31s,81X5)C #$?/J()3 B6'(*1+,;3QFBY
,'()Z.,q1'1FRq()3 ,;)<$%=1()-./012pFR/)C (.[Z31+R81,'/:9%.PQF (?#6F/K1'(*1F(6(M
H,'(IR8,81“$%*1,'B<CB*
R81+5C())M WB))E?81B))K#?BSFBI1U,'1F())=HH())?(K1#-$%:))f FB))K '(-$%:)f @)3 Lw()3HH
Ÿ.R/:3()K (%.B=,' #K(?+;.,/?(&1D%=1R8(:f1G61'(*1WR/$%.(M1H(?5C(3F(61#-$%:f
H^5=1F(31d5=`1WR/$%.1+FR/?;.(31oŸ$%N O31#$%&
7())=8F,41+'B))0/S,81B))6'(*1H'/))3 U()))?(<$?'1R8R[3B)K 'B0F()3(M1()K(.R'BI1#?B)SFBI
Lw())3 HH+4()))3(.R81+5)C #:)6B*(M1+()K,u$%=1R81s()K(.8[-.R'BI1#IBK()M ()-./012RQF()J
#))).R/I1+()). ',',/3'B))C +())K,u$%=1'/AIB=()). +())K(.R'BI1#?B))I5K1+'R'())I(31B:))9$%=
HG.R'g[317(=1+(.R'BI1(?#?BSFBI1'(M1+8F'(3
+(K(?#:$%))f ,'())* F())3(MHH,''8[)))K #-$?FB)K B%.()I ,'/I'()KF,81+5)3 ()?R[3BK1L()*
(K,FBA.R'BI1+,uÁY1'(*HH+(K,FR'(r1+(-<31(I,'/31#?B6B*B.1+FB31(-./012p8BJB*,'
>$?4B3'())C ())K U())? ^()))CF(_`1#<)f(0(31H+,'().8[K@31+;).,/$%&1():$%3,81G)9$%K1+,8
 "l !"#$%&'$()*+,*-
,u))))ÁY1())))):$%V3BI1G)))V3F,81,'()))N
O$%=1'()))M G))).R/IB.1HG)))9$%K,81U()))?(.4B31R81+F',8()))3
H,'(?(K(?#:$%f
+(-?81#K(?#:$%f1p81R8(K,FBK1+R'8(31+(?#:$%f1'(*1ŒW[Z31N k1Ž$?/J1T(<?F,'8R8
HpFR/C1(I(.'/0(.1R8(K,FBA.R'BI1WB%J(31QF(&1'(*1BI1a?,/$%*1HH,'/IB=1,'(9$%&(M
()))?R81#:)))6,81()))K,FBA.R'BI1'/)))3 #))))0 +5))= o,'(:$%))6[&,81\5&F'/))6 +F,'8R8
HB-31+481#I(?'/:E?'1R81a$%&(M1(K,q/-31ŒGN M,81R8+5C1#N M8(M1HH#<:f/K
h$?/C#:)6(3(S1/-N M()3 HH,'/3(). +481#:6(3(S1(K,FBA.R'BI1#E_(.1Ž$%NM,81hS1Lw(3
FB)A.R'BI1#I()?R[?q1TG<$%r()0R81+5)C #Á%I1(K'/.1'/3,'(*1+'/<%I1(-./0t'/31­fF
#I()))?R[?qHH,/)))?uCRQF1+()))).R'BI1'())* #.;.BS'())r 5))3 ','/:))9?(J(.1(?#I(?B:$%))f L())M
o4RQF (:$?'(K,81R8#K(I(M1#f(K(?
†#<:fF1h$?/C1#:6(3F,81#0531,'(N
M5I1d+481(IBC1e31X(K(.R'BI1(Kt
R8p/J()3 #)9$%01HHe)9$%=RF1+(K(.BS4()6(31 (?#I(?R[?q1#Z.,81531#$?/J1FBA.R'BI
+())K(?+48tR8(K(<:))f/K1+R'8()))3 F()= +;)%*12'/)3 WR[)J Ž)f/r'QF/r1+,;)<$%=1;.B)m0
HB-31+(K(?#:$%f1+(.BKB&1dG3(.1FR4(SF(f1#:E?'1(-./0128[K
F()))= #)f(K(.BS4(6(31()f5=1'/)3 WR[)J ,'‚()3 +()K(.R'BI1B)6B*1Ž)f/rQF/r1WB)E?8
(?B31#.R/I#31FBA.R'BI1,@&1F(J(*15C1HW'/31N R41R8+F(6(31h?4(I1'(N O&(f1H'/31iF/r
G)3 G)K G)3,81,'R'8()3 (:)E$%*(M1Lw()3HHpu)C,8R81 N k1+(K(.R[J1(N M5K1,'(:$?g[317(=1#OS
†G<$%f,'RF1+F(6
()):$%3,81$s'()K,8F,815)3 e)-$?8F,81()N M(S5K1B%.()I +QF5)<31()?P[S1'()M #)fB3(31F()J(*
HBZ31LRF(S(31#$%M1G3,81U(?#.wBI1#N MR8'(*1d,',F,81#.By%Y1531\5=1+FBK8(N M(3
7())= >$%MB))I W',[))6B.1())<%31U())? 'wB))* >))$%I1+FB))S ())N M(&5I(M1()?#:?[31()?P[S1'()*
WB)))?5C1#.N ‚B))I +FBS‚())& dWu))C,8RQF R8B))%.81#))-$%<3q/r1dW/))K '/S())=(31dh$%))f,',8
HW,8,8
+8()))N M(31()))?BS(I1()))3 +()))K,4R'‚1()))).B%J1ŒW,;))3 (.BS4(:))6(31())f(M1'())* #žF())6
+5))))C #N MB?()))C(31HH1,'()))?#.BK,FR4B*1da)))$%* '/S()))=(31G)))3 +,','B))). +(<%r(:)))6RF
H(<:f/K(M1WB?4R'1WB%S(YF(61G.R4,8R'
'())* #.BK())&R[C1T$ƒ))3 7R41R81F())6(31+(%))f5C(.1'())* >$%))6(K1F()))= R8().RqPF1L()M
+5)))C +(?Ru)))6 '())))3 F())= p'())?,81BY'())* HW())K,81+,8,41L(:))6 WB=())JB.1,FB))JqPF
 ./0123$45,+67 "…
#K()))?(&R[C1'()KB01T+QF()& G)I F()3(S(M1a%-$%.B)S,41HR;3FR4B)* #-N M()C #I(?'/:)f(0
dWB)S/J1#)0 '/)3 >$%IB)K \,'()* TW,FB)JqPF1L()* +()&R[C1'()KB01+()Z–$%31()K '/3()=
'/)3 FB)0''81\,F5)Y '(31+,'(*1T'/31¼$%M(c1+F(6(M1WR'BI(31T'/31€P[S1+BS(IF(3
+5)C #).8FR/C1Ru)6 WBS(=(31BY'(*1HR[.,8R817(S5K1/$%.1+B%Y5C1'QFBY1(:N MBJ(31T'/3
HÂ+81#.R'(*1+,u$?'1dWR8F4B*1(:$?'(K,8
WB)))?41h))).R4,81R'1()))-./01ŒW()))-31{)))f šBK()))Er15))))3 p/))J ())K,F(J1WBI()). ,/$%))f
WBI().BKB01'B)%&1'()* 5)3 Ž-$%Z.()6 da$%K1D%=1hS1Lw(31HHh.(?(J,81WB:.BK,4B6FBK(3
H,'B.(.R8
WR'()M #K()?#0F(=1 G3(.,'1HH,'(:$?/$%f,81#$%M1ŽN M81(?(=1R81WB%$%I1R8(M(J1'B%&1'(M
WB%JF()S L4R/)C,815)3 WB%K()? #:$%)f hS1(-./01Hp[<3R818(31'(&R[C(31p'(.1LFB01R8
H(K,'BKQFu31N
(=1,FBA.R'BI1QF(S(M1#:$%f1#<f(0(31B-3F,'1G3
op[I/Z31(?#:$%f1'(31p'(S,81hS1+(K(?#:6RQF
F()6(M1()-N M(C1'()* #I(?R;<)6(&1()-./01 T#:6F(&8R81WB?1T+4561781WB?1T#:6RQF
HHF()))))6 ())):$?º31R81())).¬?g[$?/C1#I(?B)))f5C1()))M ()))K ,'RF4()))SR81U()))? +x)))$?F81W()))S(I
Hh31+4RQF5C(M1dWB%<N
M81WB?5C1(M1o(?,;.,'(*1F(=1WB%f(K(?#I(?Bf5C
'B)-31h)S ()M 'B)0 G.R/I,81GK1,'B.17(=1L5C1+FB3''QF +FB.(K(M1dŽ-$%:6(3F(31hS
d#:)6,8F(31()¯,81G.R4().R' B)3 B)-31,'()* G.R/IB.1a$%K1TBK#3B31tG31Ž<$?'R81#:6,8
HGIR;31Lg[&1+(KB6(}1FR81(IR8,81e6,81+(:_(.(K1'(*1+(<$?'(3
#X/J1+R'B*1RFR4

!W?C8*!CBC'*EF3&89
!
>$%:))f #O?())S B%.())I Ž))E_(.1TL())K,81#))9?Bb1dL,8,81#.B)))9%&1,'R[)6/.1+,'()*
2()))6'/<31X5)C #<$?/C()3 \5)I BY'()* #:$%A%)6'/.1#.BK()<$?/C1()-I(31€P[)StB)K,8
().BZ$%31d5SB). #<$?/C()M €P[)S (%.1a%.B6B*1#-$?FBK1HH(.B%J1h$?/C(K1#.R4,81B6'(*
D)))%=1,'())):$%<$?/C,81+()))6(K'(*1()))-./012()))N
M(S(I1#-$?F())))<$?/C1'/S())=(M1Ž))rF1HB))Z3
 "’ !"#$%&'$()*+,*-
+QF()& G)I R83RF()<$?/C1 #‡rBI1F(6(31U(?,8(61F(J(*1BKB.1+(K,'(.;<$?/C1#-$%I(SuC
HGEN M(=1WQF81531dU''g[01531,','(.8[K@31'8B?(M1Gf,8
#.'/3QF()& $#)I 7()J(MtG3().,'1i()K '/S()= ():$?F;31,'().;<$?/C1 ,[$%_1#_BS1F(J(*
HG0,81>$%IF(=1\,'(.8[K@31d@31+8/C1/-N M(31GV31>$%I1Ÿ6'/.1F(=tR8(.BS,4
'/)))3 de)))9?(J1G)))& BY'()))* HH'/)))3 >)))$?;.,'R/C1+5)))C 5))))3 ^@))3`1R8''8F'/3RQF())M
#<$?/C())3 >$%I,F'/)))6 ;.()0 >$%)6(K1T()K(?B?F/=1'RF()= ,g[)0 \B:)E$%*1B)*HH>$?'B%&()3
p'()))?,81,[)Z31,'():$?[<$?/¢1,',g[)$?'1,[$?'()3 F()= G)3B.1+4RF1,'()3 ,'(:$%)6'/<31+5)C
HB-3F(3(M1+(.BI,F'/61'(*1>$%NM81'/S(=
5)))3 G)))9K,81,'()))-$%-&P[I1())))M ())K(?(N
O$%=1'())* WB))K,/$%K1WR/))$%.1+B))Z$?F1h?Š))-?u.
(IR'(K1H+[Z31(?(Z$?F1'(*1#.R/IB.1R'(*1h3(.1e:?[¤}1#0Br1F(J(*15C1H+81#-$%-&P[I
WB%)))))9$%&1+()))).R'(*1HHh))))3;<N
O31()))).B-I'/M1'())))* U,'1WBK,',g[?())))& '/S())))= (:))))E?/$%&
WB?5C()))3 (.B)))6[I(.'B01dh3()))= WB?FBK()))3,F4(Y1+,u))_ 'u$%))= G))3,81h$?[.())?(J,8RQF
HW'/SF(&RQF
,',F''8())M(K1WBK(?#))6[I(S \,'()))*HH,FR8'B)* d>)6B.1,'[)6 R8#?RFB)* ;<)6(&(M
#.B))Kg[_1R;))?5C1#:C()))6 F()6(M1Ž)9?@31T,'().(K,81ª,41N k1L'B)0 W()K,81#-IBI,F()6
/:))6,81WB))K5<Y1d+F())&(M1B))3 ()))IR'(K12,'B)9K1R;S,8F()3(M1Ž:)6RF1+()Z$?F1H()-$%•B.5r
G))))).R/:31G))))))6(K1H#I())))?R4B*1'4R/))))C [))))3,41+;)))).,'R/C1Ž))))<S1HL())))-3R;?(&1;)))).,/$%&
';)?[S1WBK5<Y()M ()K ()%.1eC()6 ,'(%)9?‚(3tG)<$?FBI1 WB%31'R817(=1WBK(?#?BSFBI(M
HG<$?4BE31+5C1+P[J
WB))):.R/$%.1dšR/)$%.1#-$?;.()3 (:)fF1'/S()=HH()<%.(-$%&1+F()6R8'(61L()K(?#I(?R4B*
dW,/))$%*1#.BK())f,F1,F'())= ()))6F/r1hM'/M,8F()J +'/)I[J1WRq1+().RF'(=1'()*HH,'B)E&
H+81WB%$%&1L(S(J1,'(S5C1e6B*(M1a%<S
hS())K Lw()))3 HHh).R'QF,817()= WB)I5C1+''F()6 5)3 W()K,81#I()?R;<N O31+()6BI1G)IBK
WB))IB=,'1#)6(K1()?B*1H'/)3 R81Ž)$%&1[$?q()M(K1'/)3 \,'()M LB)JB*1LB)9K1N()= F''q1',F()3
ΠG.(-3G&1G.R/:931dG31(-I'/M1F(6(M1(?(=1R;$%I
 ./0123$45,+67 "
#-$%IB)6(JF(S1'/S()=(31+()S(J1G)3 #).RF',81R81WB)KB%01 +(-I'/M1F(6(31>$%6(K
WB))?q1+8/C()3 ():NMBJ1,[)Z31HHp81WB)?q1+5.B)f '()Jw,F(31'/S()=(31+()S(J1HHp81WB)?q
HBK,8
()))-./012Ÿ3QFB)))Y ()))):N
MBJ1#))N
M5I1';))./I1HHŸ3R'F())& G))3 +8F())3(.1p'())?,81#?B)).R8
H,F(f5-$%I1+'B%&1(:C(6(M1+4(c1F(=1a%K(%$%S1'/S(=1T(?GS1^#?B.R8`
#?B31d+4F(31X'/M(31#0531oh$%N O31Ž9$%&t,8 H(.R[J1diF/r1+FB31WB?q1h$%N M,81,/$%*
{))S d#.BS4(:))6(31B%.())I XB)))=R81\,FR/$%*()K HH,'()<3,81#.B?()3 +''QF',F()3 ,'().'/3
Π,FB?81,/$%&1WB:?QF5f
WBS'/S()= +8()*HH†())%01,FB?81,'(.B:$%&1+(.Ru$%=R81'(*1Lw(3HH(.R[J1WB?q1#:6RQF(3
()))V./C1'()‡$%*1WR/$%.()M +()*HH†()%.1+5)C +FB)3 ()6F/r1WB‡)9%-$%Cw'1F()= dŸ). ±w'
R81š'())f ()))&5N
M81#<:)9%.17()= N k1F()3(M1,'(?#I(NOC()6(3(K1()?(=1>)$%./V$?'1R81Ww/)J
Πp4F(M,8
,'()).B?q(31WB)))S'/C1()-./01o()%.1\,'()* F()3(M1Tp',81\5)C WB)bB?q1WB)S/J1G)3
HH,'/I[J1,'(.B?q1#:E?'(f5C(31WBS'/C(K1(?,'(*1F(3(M1/-N M(31HH,'/I[J
H()?(=1R;)$%I1 #?B.R81#-$%:f1a%:$%f1BY'(*1HH(?(=1R;$%I1#K(?#:$%f1#:E?'(f5C
#.RF()SBK(31e)6(=1Š)fB31+,'()* Tp'()K,8F,815)3 L,'(*1(.B?q(M1L4(c1L5C(K1a%<S
#<f(0(31+(.BS'8F(S1'(*1d7BI(31#.'/3B61(_(K1(|N O31'(M/&(&1(N O$%C(M1(?#:?[31BK,8
HHh.R'(*
())))9%S(=1R81WB))?5C1#:$%))f(M1+()).¬%–<C1())K'/V31()).B%J '())* ()):$%.R'QF,81RFR4())K
HR8,817(=1N
k1#.B?[J1#Z.B31,',q'‚1(31dG3,8F(J1+FBK1W(&F/C
())K ())?,;.,'R/C1'())* F())= Ž<$%y))3 G)& +QF,'B)3 ()K G)IR8,81LB).R/I1+,;).,'R/C1'()*
HBS(61(:$?'(-31G.R/:f,8
R8#))NM5J1d—F/J()))M ,'¬)J ,'()?5C(31()K[01$#)3 Ž)%<%31TX'()KF,81N k1šB:?()f G)IBK
oµ/J1BY'(*1H,'B.17(=1N k1+5C
H(.BEK(?1>$%CP81'FB31'/S(=1,'(?‚(3(K1(?(.B%J1(6F/r1'(*1(S(*
2Ÿ.()))-$%&1F())3,F(31B.())& '())K(S1ªQF())M #I())SFB?1+R'R81+q/))-31e:))E?'1GIBKF())=
Hh?q/-31(.B%J1(6F/r1'(*1Ÿ3,'(:6RFB31(IR'(K
 "ˆ !"#$%&'$()*+,*-
TLg[))_,81LB))I ,'()))*B*1\B:)E$%*1HHL()K,8RQF ()<%AK(?1L'/)3 ­)9?PQF ,[$%)_ #I,'()M h)S
HhI''u31(S'(-31'R;31ŽN MB&1(%.1a%6(K1(31Ž:E?'G&
L5)C #)IR41F''q()M L(K,81e6(=1','(S[J,817B31hS1HHL(N M(K'/61+'R'(I(31B:E$%*
HBK,81BS(61>$?;.,'R/C1R81Ž9%.''F,8(M1R81XB61WBS(=(M1d,'(‡$?QF'/6,81R8
#X/J1+R'B*1RFR4

!'5B8345!0B#C'O!B#":

T#)).R'g[?,81R8^U())N M(3BZ.BS`1+FB)))f F()6(31+,8[)J '()* F()6 ,'/)0 RFR41U()?,FR/$%*

k1+''F1'8[)))K,817()))= N
N k1#:)))9&1+5)))C #IB))))K 4())S'/I1T'/))3 >))$?'‚1#))f'/I1p'())M
+'B0())))3 '/A:))))9%.R81#))))$%M1R8,F'())))J #))))-?FR81+8())))r 7B&())))M ()))))K,'‚1TRg[$%)))J,8F,'
+8())r(M1#))N M5r1''8F())= ',',F())3 ())IB=1RFR41T#)).R'QF,8tR8+()))K(N MP8(31,'(KB<I,[)6(c
R'()))* Ž<$%)))f,/3RF1,FR81L())))* (.B:))6,81L())3 p'())¯ F())J(*1o1#))I/J1dB))<$%=F,'1())K,FR8
dG<$?q())))))= +,81B))))-314())))c W5))))0 #<%A?B)))). 'B0())))3 +())))?B31'())))* Lw())))3 HHšR/IB)))).
H,'(<V$%&1WBS,81dh<$%f,',8RF1(‡$%*1#.BK,FB?8B.1(:6,81\R'B*1HH,'(:$%V$%&+,8
h)S5C1Œ†B)K,81()Er1'()?RFR41()S(*tW5)0 o#)I/J1T'/3,'(:)6RQF ,'(.Rq(N Of(31(K,'‚
d€P[)))S +8())* HH†#))6[I,81#0())M,'(*1R[3B))K o#))I/J1RFR41H'/3'())* +‚1L())O?B•1'@))3
7())= F'/)). #.BK,'B0F()))6 5)3 ,;.()0 €P[)S HH†()%.1WB%I()N MBc1U()? F()= ()K,F'(J,FR8
Hh0,8PF1R8#.BSu.1dWB:E-?FBI1d+',41#CB.(31#.BK(–<31G9-3
p[))K,81X5))3 W5))0 5))I Lw()))3 Th)?PQF,81R8#&R[C()3 ()‡$%*1ŒGNM()3 o8[)K +FR'B)= ,'‚
†#<-9m37(=1hS1#.''F,81#.BK(%<$%y.
Ÿ<-))9m31WB))%31p'()).BS,81+(.B)))E_(.1'()* +()<?FP41o#)I/J1dG)IB=1+,;.()C RFR4
HŸ<$%|N
M/C1WB%31dŸ<$%y31WB?R81,'(9$%&(M1G3,8
HŸ0,8PF1R8(&R[C(3R'1(‡$%*1GN M(3oX/J1Ž:6RF1RFR41o+(K(Er F(61,'(?RF(J1(K,'‚
Ž)f(31G)3 \,'()M HG)f,',8R81 '/31ŽS5C(31+,QF,'B31'(*1Ž%I(?R;<N O31+BS(I(31+(I,'(M
#0()K Ž$?FQ()J,81R;)$%&1R[$%)C hS1†G31#01(S(*1+5=1G3,81HHG31Ž$%&1WB?QF,'B31#-N M(C(K
 ./0123$45,+67 l‘
R;.BK())).BC,x?(&1F()))6(31,;.()))0HHB)))C,81U()))& LFB)))JqPF1+''8F'/))))3RQF LF4B))c #N
MB))c
\5)C Ž%S()C F():S(K1()M ()O&(3(O&1B:)E$%*1#0()K ,'()?B<$%=1 7(=1L'Br(f1','(S'‚/C
šBK(.B|)E$%*1dp4()J ','B)0 F()3(M1Ž)S5C1#?B%.()I ()9%S(=1()-I'/M1()S(J,81 (K1Hh3B.
†(‡%01#.RF,'R81dp',81N k1Ž%01(-I'/M1F(61(I(S'/IB=(K1šR4B.1HHW4F(M,8
Ž$%)9-N
M(=1+5)3 ,;.()0 HH'(bBK,';.()6 ()f(J1 ,''4,FB*1#.Bf(3 WBf1Ž<%31U'/6
†(%01WBK(-I'/M1WB3(M1WB%:6(3(S1šR4B.1dWŠK'/61,'(S‚(31W'/31,'4F(31+(.R'(*
L()):N
MBJ1FB))Y P41HH,'())IBK,81Ž|?F()))I '()-$?FB:_,QF L'/)Z.,81N
()= #?R4F()3 F()6(M(K
HH,'().(K,81 a_1WB%N MB31h?g[_153(K1(%.(.R'(M1Ž9?4(c1HH,''8[K1L5C1+GKg[3(6B.(=(3
Œ(-$%.'/31';.BS1W501R;?5C(M1>&P[I1F(61#.B:6,'RQF (K1+B*
())K ,FR81L())* o#))I/J1T,'R8,/))$%&1#:))9&1()))K,'‚1R'()* T8[)K +FR8,@)& +[?()6 RFR4
7(=1(&5&1(N O01531G.(I(3tG.R'QF,81R8(.RF,'(.B%J1d>N M(C1L(*1F(6(31',''8[K1+(f(J
u%JF()= R'()* B-3(Er1p'(?#31de$%31(?+;<N O31(?B&1'(*1(:9?(J1+,'(*1+R'81HG9K,8
,;.()))0F(=1HHR8,81'B)))6B&1+5))))C LRFB*())3 'R8#.R'QF,'B0())M HB))JB.1#.BK()):¤J(M1i())K
ŒB-317(=1#$%M1(M'/M,8F(J1L(K(?1#.R'QF,'B01WRFR'(=1#.R8RQF h$?/f1(I,'/:9?(J
ŒRFR41+(*1o+;.R/?[r1,'(%?BSF(J(31(K,'‚
'()))* \5)I HWBK()?#?w/r1,8[)K L''F1L()K,81W'/3,',4F()3 +R'R8()K HX/)J e:)6RF
k1WB)))S5I1#I,'()))M ŒpF,;))))3 ŽžF())6 \B))3 HL'/))3 #.R'QF,'B))0 +(?(-))6''[31,F'())=
N
()))‡A3(K1Ž%.F,8()))3 \,'()))M HH,'/IB)))= R8F())))6(31Ž-$%I())N
MBc1£1'())<%A31,'/I'())KF,8,'
HL''8[K1+@JR81+(?#<JF41'(*1#.B3F/r
#)N M5r1\RFR41T8[)K,81#)f(Er1 d+FB3,8R81>E$%S[_1QF/C(31R8(K,'‚1+'B01(.‚BK(M
ŒL,FB)& 781#:6RF(31oX/J1#$%&1d+g[31WB%K(?,'BS1TR8BZ$?QF(31+8[31d#:6,81h31(:EC
X5C()))K ,[I‚'()))3 ,'()))M ,'()))‡<$?/C1+,81R81e.BK,'B0()))M +()))<?g[3F,81dWB?())))3 '())*
H,'(.BK(?#6[I(S1+(JF(Y1(:?x$?'By3
#<))f(0(31#))$%ž,QF,81+8R4B)))* 5)3 ()<%AK(?1,[)Z3HH+'/3(). 8R4B)* B:)9$%=15)I Œ()MR[3
H,x%I1e<?,41'(%$%&1F(6(M1e:6(=1Th$%I,QF,81,','(C1L,8(31+(.R'(*
+F(JR8'())6 e)9%.B%J1HH1#$%)9-AN M(=1()-I'/M1',F()3 d#)3 B)=,F1;.,/$%&()M p'()I,8
HW(K,81+8R4B*1+(6BI1WB?5C1e.BK,8(31,u?F(•1dU(S,F1Lw(31T(.BK,[$%:6(*1+(ZNM5S
 l] !"#$%&'$()*+,*-
F(61(M1,'(¤?(K(31dW(K,81WB?5C1#?8R4B*1+R'R81e9%.BK,'R[K1p/J1d>OK1(J(6
WB)%31():.BK(.BÃ;.(31+B)JF,81#)0 ()?BS(I1()3 e)f5=1 R81>$%IBK(M1HWQF,',81R8B%.BK(3R8
+4()))c(K1+()))?,;.(31'()))* F())))= 5))I 2šR4B)). X4R[_F())6 'B))=,F1#K())?P[S(31HG<$%-))f
t#0F()J(*1 HH$s[3,8'B.175I1';./I(31\(.B%?;.(31,F5Y'(*1#.B%J1H#I(?5C1+8R4B*(M
HFBK8(31#-$?4BA<?/*1d[$?/315C1(:$%3,8tŒ,'(CR8(3
#).8[K1e)S +'/)C +,'BvB&(M1(:E?'G&1G38[K18R4B*1+5C1#f5=1+(6(K1d(*
7BS/:)9S1N k1#).''F,81 dp[Z3RQF ,u%KB&1+5C1T#E%&1#.¬J1,/$%I1d^™JR/}`1FR',456
£ ()))3(K1LF())))3(CB31\,'())M HHh))3 \())J ''8F())JG3 #.B))K,'B01'B))Z%.1/K,'B))I HHB))-3
+(?R/%=1'(31dL(K(?1#:E?'(f5C(31L,8,81X;<$?/61Lw(31T+FB:_[J1,'(K(?#6[I(S
H#<$?FB:31X5C(M1#:E?'(f5C1dXR'B*1+(K(.1ŒFBy<?41(S5I(3
e)6(=1R81X5C()M 5)I Wgº)3 $#)I X'B)0 ().R4(cB.1()K(M(ZS''8F(S1 +,'(*1+RQF,F(6
()-N
M(C1 '(*1(.Ru931Hh.R4,81e%<%Z.(6(31a%.R'(*1d+(K,81+;.(S5-f1d#<%Z.(6(3
WBK,4B))6FBK1Lw()))3HH,'().,8B.1N
k1WB)?QF'B*1dh<$%r()I,81$#)I R83Ru$?QF()3 +‚()3 ().RFR4/JRQF
W4())S #K()))?R[3BK1#)f'/I1R81WB)?5C1#.B)3 'BZ$?F()M F()J(*15)C 2W,8()*G&1WB)? #)Z.[J
,'(.B?5C1#¤$%KF1[$?q1(.(¢1(.B6(K1,F5Y1'(*1+,'(*1531R[$%C1TW'/3;.(S5-f1d\5&
Hh<$%=,81+'B.1UB0'B%&(3
+'B))%&1R81XB)K WBS()=(M1TG)3 h)$%|N
M/C1,4B)I #)<$%=R81;<)6(&1p'()?,81u$?FQ()3 +'B)%&
,',FB)3 '()3 #.B)K,''4,FB*1 +(3FP41'(fPF(&1(31WBK,FR'(.5K1531^«¬ÄR1{YF`14B6FBK
H,'/I[J1WB%r,8
#)6[I(S1FP41Lw()3HH4B)6FBK1():$%A31d,'():$?QF(ZN M(=1 'B%&1(.4(S1(%.1R8,'(M1#6[I(S
Hœ$?'1G31#-$?F(K1'BK1(:$%A31p[K,8,'(M
,'R81WB))9%&1WB))?R'1BI,F())6 TW/%))6B.1L'B))%&1()).4(S1FP41R8())M(ZS8F(S1'()))* /$%.()M
())I(.'/I'(K1,'';.B?BC()). +,;.,'())* #0())KHHW()))J,81u$?QF()3 #IR'B)* ,F()=(31WR'()*(K
hI'()KF,8(M1F()3 WB)%.BK,''4,FB*1dW'B)?q1 +;%*12>$%IR'B*1,4(31'/S(=1#.8[K1G&1(S(J
F()))= dW'B))))?qHH,/?QF())& G))I R81WB%S,8F())3(31a))%N O$?'1G))3 dW'B))?q1HH,'())I(.'/3FR;<S
oWB)))%I/J1#ZN M()))C T,'/)))3 p[Z.,F()))6 R83RFR/$%*()))M G))))3R81QFB))Y WB%.B%.B?())3 #))-$%.¬&
H(-$%6,'(=1dX,/=(f1(KBI1WBK,4(c1'/S(=1U,'1\(KP@3
 ./0123$45,+67 l
HHWB-f1>$%I1dWB<$%=1>$?'1+(NMB3''81R81WB?/$%.(M1^^@3``1(<f(01'(3B*
HBK,81#E%&1>$%:fF(=1(IBZ931'BK,81a$%K1+5C1R'(*1\B:E$%*HH
R/)M 5)3 WB%)f,;.,'(*F(=1 HWR'(N
MB&1(<A3(K1,',8[K,8,'(M1WB?@31(-N M(C1'(*1F(3,'(M
78()M WB%)6[I1'B)K,81WB%KB<S()C a%I().R'(N MB&1#?B)SFBI1 R'(*1H,'(I(‡¨%.1'4B.1(.'(-3
Hpg[%$J,8
())S5I(31+,;))$%S/*1'())3 L,8())* X;<$?/)6 HHL()K(?1#:)E?'(f5C(31L,8()* X;<$?/)6
()))-./0HH,',F,81())):?(K1+())). ,'R81XFB)))f(c1R81X5))))C #))E_(.(M1+()).R'(N
MB&1'())*(K
H$³%$y31+8(31e.BK(IR'B*1h?[I;<NO31(:E?/$%&
#X/J1+R'B*1RFR4
 l! !"#$%&'$()*+,*-

!XYZ#'[!%*+4A!\#+L

ŒWFP41,;.(01²F(S1#.BK,FR'B=(31L,81(K1+B*
#-$%KF()))* ()))I,''8[K1WB%.B?q())))M e))9&1#Z.B3())K +()).BS'8F(S1d())M ,g[))& \B))%.8
#I())?5C1#))$%Y1H,'R81>))$%I1WB))%.B?q1d#I())?(¡1,'()).B%K,'‚1L())3 a)))?',41H#‹4'()I
#$%M1','(IB-31WB?(?B%.81L(*175K(M1dp[Ju$%SB*(M1(.B%0QFBY1L(*1de$%31+8(3(*1WB?q(K
Hh0F,8
#))f(31a))%<S12W'/3,8[3'B)). 'B)))%&1()f,F1T'B)%&1,8F,41()3 ²F()S +(-)9?[r(3 L,8
Hh3,8[I1R[-fB*1,'(K1#Z.,F1;.(0(31dL(K,81WB?[$?8'B.1L5C
R83R'()))* +''q,'B*()M ,;).QF81+F'().BY1()-./012W[)I ,;<y)6 i()K e)9J(M1().R'(*
#<%I()))3 W;.B)))K''g[&5C1+FB)))3 oWR81X())))N
MBc1''81WR/$%.())M ()).RFB0B.1T,'R81e))S +5))C
F())))= WB%)))f,4(c1'()))*HWR8(ž(-)))f(*(31i,'()))='4(c1#.;.B&()))0 +FB)))3 di,'()))=
#(?BP[S1+(O&1(I(.'/:9?(J(.1B:9$%=1h-$%.4'/SF1(.BS‚,41'(*1H(.R8FR4B*1R8+5C(M
WB)?q1#.B:)6FB=(31dWB:)6FR'(=1 (M1dW,;3QFBY1WRFu$%31WB?q1#<$%JuS1F(=1(.R'(*1tB3
Hh$%I[_F,8
,'().B?q1()<IB=17()J(M1TW'/)3 WB%J1#|?81d{%61#f'/I1h-$%.B6(K1(.B%01QFBY1L(*
#.B))6RF(=1,'())).8FR/C5C1';)='41#.BKBS()<3(K1\,'()* +R[)$?'1H,FB)?81,/)$%&1WB%JF()S
HW''8[K
+(?,8R@*1'(*1(.BSF(6(M1\(‡$%*HHh31WBK,''8[S1+u?QF'B=1W(K,814(c1(=P[J1'(*
())I'/3BI1'())* #.;.R/$%))f d()).'R8[S1'())* +,'()).;.B?q(M1B)))3 dG)3 \5)C G)& WBbR'()*
HŸ3u$?FB&5C1dh?(-31+FR85C1(.BKPu3

WB))E?81Hh$%))6[I1²F())S(31o²F()))S #.RFR'B=()3 L,8HH²F()S #.B)%0QFBY1oX/©B)3 W'F4/"$R ]!

HW,8,81e6,8HH7B6(_18(31T'/3,'(f,F1TW4'/SF1T^^¶ES``1(31F(ASRF(3
 ./0123$45,+67 l"
#:)6RQF(3`1oX/)J WB)?,81()?B.'/A31 >$%SF(I1WB?1>$?@&1WB?1>$%f5C(.1#f'/I(K1F(=
WB?q()M WB)?5C1WR'()* oX/)J WB?,81(?B.'/31@JR',F1de$%31(.R'(*1H^,'/0F,81+531WB?q
HW'/3(=1(.QF5.,81,'(-$?/?8(M1B%.(I1(-./012,'R4R[I1Nk WB?'B01dW'/314B3F,8
'())))* +PF4()))))SBI1H,'()))I,'BV$%&1,'())).R'R[_1#K()))?,FRq(&1()))JF(3(31WB)))?5C1())).R'(*
hJF()))S #.R'QF,'B0())K Lw())3 HW())K,81a))$%K1²F())S R81WB))?5C1+R'8())3(K1W()).R'R8''QF
5)))3 WB%:)))6,81(.BK'/)))6 R81a%IB)))K WBS()))=(M1H,'(.'/)))6,81WB)))%.R881R8#.B))6RF(=(M
G))& +())S(J1'(-$%)))fw(&1WB)?q1,'().B?‚(312W()K,81x)$?F81X,4()M(31d\5)C #-$%:)fF(=
ŒWF'/61#9?F(6(M1#0(KHHW(K,8
Š)))))&R[C1\,'()))))MHH(?#:$%)))))f WB))))))?q1oB))))K,81FR'B))))= ())))M(ZS'8F(S1'())))* +;.())))&
^^Œ†,''8[31,8F(S1L(31+(‡$%*1#I(?B:$%f1R'B*1H(.B?q1#.'/3x$?'B:6,8
G)3 #):?[31WB)?q1()K +()* HW()K,81e)6RF1WR'()* T(fB31HH,FR4B*1da$%*1WB?q1oh$%NM,8
­))f/K5C1()).B?FBJq5SB*1'())* HH†h$%.B)).R81WB)))?q15)3 >$?F'/<)6 #)0531(<:)f(0FR4B*'(M
+;.(?R41#.RuCGI1oh$%N M,81TW,8,81²F(S1+QFBY1p;.(=1Hh<$%&(6,81R81L''8F(S1F(6(3
oh))$%N
M,81+81#))-$?g[31HW[))Z31W8[))K',41dWR41()))M WB)S dp[)-31N
k +FR85)C G)f,82().R'BI
†F,'().'/31().,8,81pg[)_ FBK8(31+(N MPQF dh$?4,81WB.q1#0531(IR'(K12(.Rq(31W'/317R;<S
HhNO$%=,8RF1WBS(.1+QFBY(K1W(‡rBI1'(*1F(=1\(.BS(*
H,'()):$%3B.1N
k1T())S45N
OS1dU())6'/.1#-$%:))f #.B3,[y)%S1oh)$%N M,81e)$%&1+81#-$%NM()S5K
H,[)J #)3 5)I ,'/IB)= >)$%&1Nk1j%I(?B)6(K1+,'()* HH,[)J #31(?R81e6,8(M1#01(IR'(K
HH#<$%)E&1 +,81,'(:$%:6(3,81,'(.B?q(31(‡$%*1+(‡%61(:fQF '(*1R'(*18[K1X,'(*1F(J(*
WB))%ž,F1R'())* ())?B3'/0''F1R81±B.())3 WB?()))K(?1#.B3,[y)%S1()-NM(C1()NM(S5K1'()* F()J(*
ª,81WB))%.501())NM(S5K1'())*B31Hh))$?F5:31WB?q())M W,;))3 WB))= WB)))?5C1+()Z–$%3(K1B)9$%K,8
G))& FR4B*())M +5))C WB?(K(<%:))6RF1())?#.B3,[y%S1())-./012WPg[))3 +F()6(M1,'/)I[J,/$%&
H,'R8FBf(c1R81W;.B?(J
^dB|3`1,'(.BS1#.BK(?4R/CR8(M1WB?5C(K1(:6(3(S1WB?,;.,'(*1F(=1(.BS''8F(S1'(*
H(-?81#.B6(K1+5:6(*1F(61(.(¢1WB%.BK,@ž41(K1W(?B.1e6(3F,81H,'(.4;3
L()* e)6,8(M1()?B*1 ŒX(z,41+FB3,8[31dWBy%Y1#.BK,FBAS(C1+(*1\,/$%*1WBE?8
HH†W'/3(.1U¬%=1(.B?q
 ll !"#$%&'$()*+,*-
+QFB)Y ()6[I(31a?'()* /K,'B)I o()I,';.B?(J(.1+,/)$%*1 #E_(.t+F(6,8F,81tB?B*
ΠG3,'(:6RF1,'(JF(S
HH(f5C1G&1WBI(.R;.QF81+FBK1+(.B6(K1'(*1+(*
F())))= ŒG3,84B))6 ()).RFR4/JRF1+,F(S())6 #.BS'())r(31WB:¤?())K +(.B))6(K1'())* +())*
W())-3RF1WB))?q1e))6,8(M1+,'())* 5))3 F())J(S1HH,/%)))f/J1,'().BI5C(31WBI5C()K W().R'(*
#•B)).5r1())<.(?(Z31WB))I5C1#IR4B))I h))$%OZ31,'()).BI5C(M1dW())-31U¬))%=1WB)))I5C1BY'()*
#:)6,;?(31pFBY()3 R'B)* T()?R/3(=1WB?q()3 WB:<%I(31+QF,'B31F(J(*1H^,'(.'/0@3(M5C`
HW'/3,8(.1WBIB:E$%*
HH(:))))E?'G&1R8#.R'QF,'B0())))M ())))K ,'/IB))))= +,u$%)))))= '()))* +QF5)))0R''81WBI8By)))%.
'/S())=(M1HH,'BS()).R;$%I1#))f,'(*1())K,F(J1WB:%M,4,'())I +FB))3 53()))K \()<I[JRQF5C'(*
'())M #I())?(¡1WBy))%YHH,'())IR8(*1˜))).,81²F()S #.BK,FR'B=()3 L,81+QFB)Y R81>$%<$?/)f
WB)%.8[K1˜.B)3 oŸ)$%N
O31+Š)fB31WB)? HH()AYR'1 #-$?FBK1²F(S1531WB%.8[K1˜.B31+(-N M(C
D))%=1h3()M(&(31W8[)K 75)0 +',415)3 ()-NM(C1'()*(K1,'()<S1+‚()3 T()K(?8(3(*1().B?q15)3
H(%.1R8'(*1d1L(*1WR/$%.1(M1U(?4R'B%Y
#X/J1+R'B*1RFR4

!@"#BC+I*'L!]^*'L

+BZ.BK()M +().R'(*1p'().BvB.HHW()-31WB)‹[$?8'B01 WBbB<Sq'81+(fB31p'(.BSB.

HW(-31WB‹[$?8'B01h$?',81WBv5C1,'(.B‡N M8
tš(?(J,8RQF G&1WB:%:6RF1W[$%31N
k1L4R't
(KB:))E$%*1#)<S1Tp',81\5)C L,/$%*,'()‡N
M81#CB.()M Œ˜.()Y +QF5)K k()ZN
MB(=1+()*
HšB:.BK(<Sq'81+,8FRxANM(=1hS1(IR'(KTL'/34B3F(61,/$%*1U,'1G<$?'8(K1L,'(*1F(=
tš(?(J,8RQF G&1WB:%:6RF1W[$%31N
k1L4R't
 ./0123$45,+67 l…
h.R/IB)))). ())K(?,8RF(31WB:%?,F'())J TšR41+,81())?R81WB:N M8())M +(?8/))6(c1dªF '())*
'())M WB:%I())?RF'(J1B))3 ())IR'(K1HHW())-31WR4())). WB)I5C1(?+8'/)6(c1dªF1'()* e)6B*(M
WBI()). R8#)).R41#:))6RF(M1F())J(*15)))C H,'(:$%<$%S(N O)6 WB):31()?R81WB):N
M81()M +(?#<SF()f
R8()?+FB%.R41'()* 'B<$%&()M '4B3F()6 ()<A3 ,'()S(K1+‚()3 ^dB)%M'R`1UB)0'B%&1 (<A31#.R/I
T,'/))3 FP414B3F())6 +,FB))SqHWB))KB0'B%&1#Z.()))9$%&(M1Ÿ):?[31a%.RFB-IB3()C H­3()¢
U())? WB))?N ‚BK1+(<))f(01'())3 T())?B<:?;31Ž))9?F,'BZ.(Y1()))?,FBSq1L()* +,;)<$%=1()J45C
HG314F(I1U(?1F(6(M1WB%.''F,81def'[61G0B.,'(M1(?,/$%f
())))K +()))).R'B01'())))* HHW())))-315))))3 WB)))):-$%<Sq'81+'RF1dh3B))))=,QF WB))):.BK,'B01B)))3
h)))))3 WB:.BK()))<Sq'81#)))f'/I1WPg[)))3 HHp'()))K,8F,81Ž)))f(C1#?RF()))3 R81WB?(-)))E?[I(M
R8(JQF()f ()M WBI().R@3'(*1F()J(*15)CHH,'()Z.(Y1#IB3()C ().'(-31 WB:.BK,@31+'B<$%&(M
H,'(:$%3,81e6RQF ,'(<I'(KF(61+,/?[r(31WBI‚1''8F(=1+4561781R'(*1ThI'(K
())?,'(*1UB))0 #:)))fB*1HHW()-3 #:)fB*(M4(c1,'(.B)6@J17()= QF()f 5)3 U()?5=1U,'
WB)9%.1e)6,81 531WB:<I'(KF(61/-N M(31L,8B.1WB9%&1WB:%:fB*1hS1HG31XF/K1+(K,'BS
HHG31hI'(KF(61WB:%:fB*1dG31XB3(C1WBIFBKB31(IR'(K1HL(K,8
HHp',[6B.1ŽN M81hS1G3(.1(:6RFB*1,'(.R'(K1F(6(31@I1BI
WB:%:)fB*1B)3 ()IR'(K12,g[S/:)9S1d+4B3B.()0 +()?BS1a%I'()K‚1 +P[S1#?,8'/6B*
#+4P@&1dW'/317R4(M1G31#:?[3
#Z.()Y oŽ)$%N M,81WB):$%&1h)S Lw()3HHB)K,81˜.()Y +().BKB&1 UB01#:6(3(S1h$%N M,81,/$%*
d˜.()Y +(.R;.(S5-)f ,F'()J '(*1WRFBY1FP41HBK,81WBK(:6(3(S1e9J1+(.BKB&1UB0
'()))* ,/)))%.R/I1+())). ())K(M(ZS'8F(S1WR/))$%.1#:))E?'(f5C1#.'';.B))EC,F X,FB))6(Y
U,'(). W'/3FBJ4QF1WB:?F'/6(Y(31WBK(?#.B3F/r1\B:E$%*BI1H,'(:6,8(31R;31(.B.'/b
HWBI,'(<IB=R;$%&1#?,4(31+(?B6(3
4R'1())))IR'(K1T#I())?R4B*(31()).8[K1;<))6(&15))C a?[$%))C T,'(<))6[&,81[$%C())M ,/))$%*
H^^(?R8#.R/Y1d#-6B.(M1[$%C``1oh$%N O31WR'(*B31Th<$%y31WBK(M5-0(M
d\4R'(). a)%<S1HW,8()* N k1,'(?45)EN M8(31WB:.BK()N
M81 (-./012hN M81G31,/$%*1oh$%N
M,8
R;.B?,'().'/34F(3(M1WB:.BK(M5&()f (-./012h<SF(f1,/$%*1Hh$?',81\5C1šB:?456178
Lu.()M WB%.BK(M5&()f ()-./012hI()N MBY(CHHWFR4(SF()f \,/$%*1+(Z–$%31TW,8,81WBK(I
 l’ !"#$%&'$()*+,*-
oh<$%OJ1,/$%I1#.BI5C1(IR'(K1Œ(KB<SB61WB:?/$?481#:6RQF(31H,'(<$%9K,81R81WB?,'(.'/3
Hp'(KB.1˜<01R8(K1#KBf5&(M1(?(=1R8/$?481#.(f5&(M1+(?#Z.(f(r1'(*
a)))))))%r,F1N81TRF()))))= ()))))IBK1+,81dG:)))))6,',81,'())))):$%3,81;)))))<N
O31j_())))). G)))))IBK
F()))= HH()))%.1,'RFB)))f h)))S +‚1,/))))$%*1#N
MB))c T,'R81FB))f(c1+5))C R81WBI,'()).'/3;<N O3(M
h.R/:))fB.1T,'())).(J,81U()?(31().'/3,41+,'()* ''[3,4()3 +,'()* R8#)r,F1781#.R;?()S(M
Œ†h$%K1,/$%*1(K1Ž6B.,81WB:fB31hStW(Z31+;-$%M
W()K(.1T,'().(-31 ÅN Or1R8F(6(31#3,4(•1+(6BK1W'/317R41R81>$%<Sq'81F(6(31F(J(*
L())))3 F())))J(*1TW4B))))).,81WBI5C()))3 ,'())).B<Sq'81+(?B)))6(M ()))-./012h))).Ru31#K'/)))6(3
#<I'(KF()))6 ():$%3,8F(=1WB:)f(K(<Sq'81#<I'(KF()6 R'()* W()-31FB):_,F1L(?+[$%m)6RF
H,/$%*
WB:)))))f(?+4B.Bf1'())))*B31T(?4B.B))))f +())))?BS1\QF5))))f (:))))6,81[))))$?q1'())))O?5K15))))3
H(?#N M(?RF1p/J1'(M1G31>$%f(31WB:f,;.BSF(_1#.BSF(_1dG31#N M(?RQF p/J1+(•B<3F(6(M
+5C())K B))C,81+,FBK'())* a))$%&1+5:))6(*1()):$?[C,81+,FB)))K '()* e)6RF1+F,'BZ.()Y
#.B)):.BK,''4,FB*1#žB))SB*1+(:)))6RFB*1,'RF8[$%m)6 WB):$%&1+,'()* ()IR'(K1H#I()%K,F(J
'())))* G))))3 WB:.BK()))))IR'B*1+wB)))3 ,F()))= #)))-$%<?g[3F,81WB))):.B?q1#<:)))E?/f5CB31W()))-3
HR81WB?q(M1(KP@31h?[IwB31(M1h31#:?[31WB:f(.BIR'B*
h?[I4F()3tLg[)3,81+F,81,;.BSF()_ U,'(K1tL(K,81N k1WB:.8F'/31N  1+R'R81,;.(0F(=
R81sF()6(31(:)E?/$%&(K1 (?,F,'(.'/31'(*1€P[S``1o(?(?(-<31L(*1B%.(I1,/$%*1531(KP@3
H^^Ÿ3wB3
()))3 BY'()*HHpQF()&,8GI1R;.B)f5KGI1d#N M()?RF1p/)J +()0,QF(31WB):.B?q1(<)f(01'()3
HG31h?F(31WB?1G31>6(IF(31WBI(K(.B?q1+R8'(S1(%.1˜.[J1,'(.BI‚
HHG31(.R[IBC1'(.R[$?8'B01#I(N
M(SBS(K1$s[.B.R81F,'BZ.(Y(31\,'(*
G3()))3 R'()* p',81\5)C ,'()‡NM81+BZ.BK()M L,/)$%*1()-./01Œ1šBK,FR;K()0 R[)3 +()*
HhI/J1#&1Ž%:6RF1(.R[IBC
#X/J1+R'B*1RFR4
 ./0123$45,+67 l

!B$+7!%2(

WB?F())6 WB))?5C531())J '45))= WR;.())0 R8())<%S,41L()))* #<$?/)f pg[3()M \B:)E$%*BI

th)).R41\B)). TX())N
M',81())M ())?#:?[31())?(=1())‡$%*1+‚())M +,'()))* Lw()3 H,'B). ,'()K(?(3
†Ÿ01WBI(N M',8
WR'B))<31dWR'RF())6 oL())-315))3 WBI())Er1,'()).‚(J1#JF())S +,FB3())MBI1ŒG))).,;31Ž)$?/J
oGN
M,81'BK,81PF815C1F(6(M1H7B6(_18(31+g[61'8FB61#-$%.4'/SF(M1(?#:?[31X(N
M',8
^^(J1Ž<S1X(NM',81Ž<S``
WB%%:)))E?'(f5C1dWB)))‡%*1+()))).RF(<$%|N
M/C1'())* ΠW())-31X())N
M',81+())Er(31W())K(.
WBK,;.())))3,41())N
M(S5K15))3 +()).R'(*1HW'B))<$%=1>))$%&1WB%.‚())J WR'())*F(=1T,'())IP8[K'´3
WB%.BK,''8F()& F()6(M1dW,8,81WBK()S d>)$%I1 WB?,FR'(r1W(.R'(*1F(=1,'(I,'B.1WB?R'R8
dh)6,'R87(=1 x%I1#SF1,'(M(J1+F(61F''q(M1BY'(*HHh$%.,818B%<31WRg[‡K/c1dX(N M',8
Hh$%.,817(=1(J1+'B0F(3(M14(c1di,'(=1WR8(6
G3'/31e6(3F(61','(:$%3BS1531#K(?BJ/$?x31(?+',4F(61L(*1#-$%<$?/f1F(=(M1(J
X())NM',81())M \())M(J1'())* ,'())):$?[K,814B3[¾%)6 ()M œ)6 W5)0 T()?#01X()N M',81G).R4B.
2G<$?/$%)f,81N k1WB%:%:?F(). d‰R81dG).R4,81 +B6B*B.1d#K,'‚1#-$%:f(31,'(:$%S(N O6,8
o(ZNM(31\,'(*1W'/SF(_
())K ())?(=1+5))C +())&R[C1'())KB015))3 #I())A?BI#<?g[3F,81+5))C 5))3 >$%M()))J '/S()=
HB)JB.1G)I ,'B).+R81+5)C +'B)3 'F'/:)6,815)3 L(*1+(.B?(31'(M1+81+(K(M(J1G6'RF8
#)-N OS1 #0F(=1H(.4PF81R8#-$%<?g[3F,81(&R[C1'(KB01'/S(=(M1X(N M',81R81XBK1WBS(=(M
dWR88()3 dÀN M()r L(YF()6 X()N
M',81#.BK(:)fH()?+u_1d+481#I'(K1e6,81(9%I(N M',8
#))))f(K(v'F81HH,FBK(:CB))))6 #))))9?'B.(=1dp[)))))J,8R81¿()))r #.(:)))6R/C1+()))AN
M(K
',F()3 ,'(?(.B?(31'(3B*1^^,'(&R[C1'(KB01+,FB3(M1'R/$%f1d45N MB*1#.B?(3``1o(?(S(*F(=
+5C1QF(S(M1+(K(v'F81X(NM',81WBK,4R/C1²F(S1#:6R/C(31GN M(3HH,'(IBK,81#.BS(.
H,'(IBK,8'´3
 lˆ !"#$%&'$()*+,*-
5)3 B%.()I ,'/)3 e)6'F81a%I()N M',81()K TWF,8()3 ,FBSq()M ,'B%.81(<$%.,;$%&1+(.R'(*
()I(N
M',81'()* '()I(N
M',81 L(*1+[?(61B*1H,'/31e6''F81WB?q1+(JF'‚1dL45OS1#I(SuC
tp[JB.7()=R/C! a?'(*1ŒW(K,81a$%K1531+5C1WBK(?#K,'‚FR'(M1#.501W501ŒW(-3
p/))JtB)* HB)K,81WB)%0BS1g[)& ,'G.¬S(:)6,8(31','()?5C1#Z<)6(31G)f/J1WB)?,81;)./I
oG<$?FQ(.,81W501ŒW[Z31X(N M',8(M
+())).R;.,'R/C1#Iw()))6,81Ž)))<S1HH())))%.1[))I ,F'())J hS())M ,'())<%S,41+''F1F())6(3`
^4B6FBK
\'/).g[K1/$%.()M Th$?81R81U50(31R/C1d>N M(C1+(<?FP41;.Rg@r1+BSB*1X(N M',8(K1F(=
Hh<%31XF/K(.1dWx$?F81p/J(.1W(=1WB?R'1+FP41R81a%.BK,F(3
HHW()-31G)& WB)?QF,'B31#-NM()C B)I (?(=1WB?5C1#f(31(.B6(M,81'PF81'(*1,'(CR8(3
G)).R4,81\B))3 X()))N
M',81ŒpQF()J,81Rg[$%)I WB:?4F()3 j_().(K1R81\,/)$%*1/$%.()M w,4R/C().
'()* +()* HhO?()K R81#?,;<9C(31d#.R/Y1ef',F1(M(K1R;31R8(.w81'(*1+(K/:C1W50
WB:.''F,81#.BK(%<$%y.1+BZ.BK1X(N M',81ŒW'/317R41R81+;.,'R/C(.5K1F(6(31+(.B6(K
/)K d{)f '()M X()6[_1BY'()* h.B)f5-$%I1#.R'FB)K +';.BS()K G.R4,81\B31HG§,8
HFBK1(IBC1WBI,81,4BI1#:31#I(?R;.(31531dG<%=,81WBI(.'/3
R8#:)))6RF(M1Hh)))$%31R8+F',8()))3 WR'B)))%&1())).4(S1dWR'())))N
MB&1())?,'(*1#IR'B))* '())-$%:3
H,'(:$%<$?q/-31Ww8/$%.1#.B9C,F81+qPF1#I(%K,F(J1',g[61'8FB61#-$%.4'/S,F
()):31,4B))I L())* HG)9C(3,81G)& WB:-$%:)f '/S()= WF()3 5)3 #)f'/.g[K1,;.,'()* F()=
+BZ%.()M +()6/SB.1 d#I,'B%&1'(*1HHp[J,81WB:.BK,;<6(&1(:f',F1+(‡9?[J1'(fF'
'R'())))I #K())?,FBSqBI1()).B:$%&1#:))E?/$%&HHpg[))K WB))?,81,'()):$%Z.F',8tR81WB)):.BK,'B0
'()?#S(.(=(Y1 #Iw(r1,'(K(?‚(M1HB-31a$%K1'(N OY1+5C1+‚1531WB?q1#.BK(?#K,'‚(M
,'()?B&1'()O&1+(.B)9%.1dh?F()_B*1,FB3()3 g[)§ g[§1'(JF(S1#m6(*1,',QF ,'(9?‚1'(M
G)))& #)9?5CHH,'B)<$%=1+R81²F()S '()M(ZS'8F(S1+()<$?'F81,'()* ŒGN M()3 Hh<$%r()I,81G)I
+QF,'B))))3'@317())J(M1'())-$?FBK1())S(*HH,'(<%))f(31WB))?q1())?,'(*1())?R/J1oG))9$%K,817())=
Hh$%.,8R81\B31#-$%I(SuC(31(IB6(JF(S1L(*1(-./012p81>$?F1R81²F(S1#.B%0QFBY
,'()%&R[C1 dUB0(31a%K(?P[S1'/S(=1d#f'/M17(y$%M1+[=,q1i(K1'/S(=1p/K(M
'()))* #S(YF())))6 ())-./012,'()):$%3,81X/))r X())N M',81p'())MB*1;.B))0 R8 +5))C #))E_(.
 ./0123$45,+67 …‘
+5))C #Iw())6,81X()N M',81p[<)3R81WB)?q1()3 R;)$%I1#?(<$%)f #<:)f/K15C()K +(.B<$?/)f
H#<$%&(6,81R83B?F(6(3
+()))<%ž(J1dWBK())))<$%=R81#))ž,F1+F())3 ())K W,;))3 WB))?q1#.BK())?#K,'‚1#žF())6
a%-$%:)f '/S()= Lw()3HH#I(.B:)6FBf1h)$%.,81+'B). '(?#:$?481(S(*HHh<$?g[_,81WB?B.R8
#I(¤)6 oW,;)3 ().B?1#)K,'‚1'()* #žF()6 HH#I()<?(S1'8F,81():$%3,81 R81WB%Z<01[$?q(M
FQ())S(M1GI/S()<r,41F()= WB)?5C1().QF5.,81().R;<N
O31','B).R81WB)?5C 5)3 WB%%)6'/.(SB.qPQF
G))3R81°[)))M WB)%%01()%.1WB%)f,u$%=1'()* dW[)J,81+;)-$%M1¿()r HH,'().(K,81™)I WB)?5C
HW(-31#6F(=
,@))C,41\,;.())0 TW())K,81())K(N
M(K1#)))?RFR81W50()K W,;)3 ().BS45N
OS1'()* #žF()6
^u$%)=`1 +F(<$%NM/Y1L(K(?1+FBS‚(&1,'(9$%&(M1p'(.B?,81WBS(*12W[I1FRq(=1W(-31(K(N M(K
'())M HHW[))Z31R8u$%))= F())6(31e))6,81p'())).B?,81()Z.,F1L()3 B)*HH(.BSB)6 dN
B)S ()K W,;)3
Hh3B.4B3F,81WBK,FR'(N M5K1(?#K,'‚1+uÁY(M1,'(9?F(6
7()))= G)))& R81U()))? F()))6(31W50()))K W())))-31()).B.'/‹(S1'())* +[?())6 TW(-3[?())6
HW/?4'()))))J QF/r()))))M ,'()))))?#?R4F(31#•RF())))r(M dW,8,81WB?5C())))3 WBK())))I dh$?QF())))J,8
#:$%))f eC())I (<:))9?(J1#|))fB*1T,'()):$%31>))?u.1^^eC())I``1())M p'()))?,81WB?()K(?F(=
()?(=1FB)Y HHp'()KB.1 ˜<01+F,'(:C(31G3(.1,'1(:C(I1'(*1>?u.(M1h.R4,8R'12W''8[K
():C(I1'()* +8/)C U,'1F()= HHeC()I +‚15)3 ,'(:$?qg[&,817(=1'BmN O01,'(<?4'(JQF/r(M
H,'(K(:6(r1,QF/r1(:$?4R[I,8
()):31+()-<3(31dh¡()cB.(K1'B0F()3 ():$?81Ž-$%.'/‹()S ()N M(S5K1R8(?+@Z:$%)f L()M
]"
G0,8F,81WQF8531+'w(=1,'(.B?'/S(=(M1dh$%.4,817(=1R8(K,g[61'8FB6

,F'()J #K(?(M(6(S1+F(6,FB01p'(?,81(9:$%.1R8(f(31L(M1TG3FR8 BJB*1u?4B*1+F(<$?/C1B31 ]"

'RFR81,'/3,'()))))* F()))))3(M1,'R;N
M()))))= +F()))))6(K1\()))))S(*1TR8R'B)))))*qPF1#I(.B:))))))6FBf(M1B))))-3
(I(.B?/:)EC1 (.BK,F(<$%|N M/C1#ž,QF dWBKB.R41+(.BI(‡%O31#S(=F(31#0F(=1WBK,FR8(?BSF(6
R81a%.BK())I(N M',81F())6(31WB%:))6,81,',;.()))3,41(.BSB)6 '()* +5=()3 H,'().B?5C1#)¤$%KF1[)$?q
WR/$%.())M HH,'())N
MBI(31#K())?(.4B31())I'(K1R'B)))*qPF1#I(.B:)6FBf1R8(?#?B)6B*B.1,FB)3 L()M HX[)J
#?R''81,'(9$?'(M18[K1G&1#:6,81,/$?/K(M1(K(|N MB*1R81WBSB61#I(?BfB&1dX(N M',81#I(?BfB&
HŸ.1(.RFB-./C1d#I(?BfB&1'(* +(<$?'1R81Xw(=qPQF(M1tWR84(?1531iB&/61tLw(31HXB=,8
 …] !"#$%&'$()*+,*-
G))0,8F,81,'()).BK(.4'/SF1#))6,'(=(M1+()).(J531'())3 W())K,814())c Œ()))<?R[31pF()*
WB)))I5C1',',FR/)C ().,84B31dW()3F,81>)$%M1()r‚,81',F()ž(&1R[$%)C †W()-31g[)r dh)$%-<¢
HW(-31FBJ4F
'())-$%<$?81,'()))* h)3 F''8()3 #:)6F(&1e3()M dWu$?FB)m31WB)I5C1,F()<$%-<C1()Z.Br1'()M
(?#.B3F/r(M1e9&1dh31u$?F(&1,F''81(r531d˜.Br1'(M1HH,'Rg[31WB?q1#.BK(S4/N OS1+wB3(3
HW(-317(=1a%.BK(?#S,8B*
HWB)?5C1().'(-31WB)?q1+4R[)_ F()6 ',F()3 T()<?F(31,'B)S WR4F()3 j_(). 53 \B:E$%*
@J()))f5J1BY'()))* TB)))-317())))= N
k1+B))?F,81+,'[))6 ())?(=1#K())?BZ$?F1'B))Z$%Y1a))?',4
WB)E_(.1,F'()J 531a?8R4B*1#.B?q1+F,81HBA31531+B.(&1,'(?5C1#<?(I'/Y1d+B%.(I(3
TG3())= #-$%))f(31())S(K1B))%.81+,;.())S4(&(M1G)6(KF(=1HH+(K(?#:)6RQF H(:)9&1F()6(M
s().R'(M1#)9?5C1()IR'(K1 HHp'(K,8F(31#S(K1#-$%S(K R5a?@S1#.;.B&(61WBSF(_(M
ŒWFRq(=1(-VJ
R81WB?q())M W())6,QF #))P[S1a$?'())M F()))= '/)3 'R'()I WBI()N
M',81+F'/<)6 R81p/K()M
dX5K()M 4R[_F()6 +4R'B*()3 ^^,F'[)VMR``1 WBK(:E?'1G&1+8''[61p'(M1HHp'(K,8F,8
H,'(:$%3,814F(31;.(3
[$?q(M1(?B*1oW(-3BfBS(I1d­6,/3RQF R81WBI(N M',81+F'/<61#?BI5K(MHHp'(M1Œ(<?R[3
Œ†pQF(&1GIR;$%&1+wB31#P[S(K1h<%3,815I'(*1#-$?4BA$?F1R8(<?g[$?41(-M(&
#X/J1+R'B*1RFR4

!U'[<5!%*+5B$'O'[

#))f/I1WR'B))%& ,F'())J +B)).,4B.,41HHpQF,'())-31X5))C +(K(?@J())f5J15)3 ŒŽ$?FQ'B)=

'Ru). +F(3(MF()6 H+''8[)K WB)?,8,41FR4B)* WB%9%.R'B%&1(-VJ1HH+''8[K1WB?(9$?F(6
k1,F'())J ,FR81'()* U,'1X5)C HhIBS/)9K1,'(?#<%Z.()6(31eS,8F()3 #.BK,8F()3 ()fBI
N

°H°
 ./0123$45,+67 …
F()))6(31(.B:)))E?'(f5C1,',g[))))0 +F(A$%))6(31a?'())* Te))E?',81e))f5C(K1,',F())-3
HX[J,81B?F,81+(.5=1531#$?/J ,'(?#IBS/9K(31d#.R'QF +,81R8B?F,8
TW())K,81G))& e))6,81WBK()).R;?(S1+F'/<))6 R8+@J()))f5J1+()<%S,41+g[$%J'Rg[$%J()M
/)))):$%31Hh))<$?4',81a%.BK())<?[=,q1())9$%S1'RF())= ()).(K1+,81WB))K,;<?Bb1,F'())J p'())M
a%M())))J H()))%.1WB)))%-$%C[.1D)))%=1G3())). WB)))?5C1+,;<?B)))b WBK()))fB31(:)))f R8B%.8()))M
¿R[))C R8())).RF(<$%=R81#I()?B.4(S(M1'B)K,81[$?8'B). WR'B)%&1,F'()J(31+5)C #.B)K,;<?Bb
,F'()J +F',81WB)?q1+5.B)f F()6(M1+().R'(*1d#.B)K,;<?Bb1#).8[K1WR/)Y 531HBJ,;$%I
,4B)))I #.RF())<$%=R81+F',8())3 WBy))%Y1HG))fBI,8R815))3 WB))?B.BS1GN M())S5K1h))<%3,81,F'())J
T,'(IR/C,81QF'/61R[-fB*B.(31R;.BKB6B?
,'(.R'B31#.BK(?+4B.Bf(31(J1Th<%3,81,F'(J1+F',81WB?q1+5.Bf1F(6(M1+(.R'(*
HR'QF,81de$?814F(I1WBS(=(31a%.By%Y1H,'(:$?QF/6,81R81WB?F(6(3
+()?#K,[?41'()* #:)6RF1#?8()A$?F1Lw()3 HH(K,[?41+5C1#f(31WRF',81+F(K1+FB?
dLBž()* h?Š)fB31():$%.(?(J#3(K1p[)J,81>$?F()ES(Y1 '/S(=1+(K,QF,'B31(-./012BKB.
HW(-A$%&1+(.B‡:S1G<31,'(-N M(C1'(317B&1>$?FBK1F(=
,4BI()3 ()?,4BI1'()* a?(A61''81T,4BI1#-$?QF,'B3F(61(:$%0,81G<?(A61(?R[3BK1'(*
7())J(M1R8()?,'(.RQF(J17()= dWB)6@J17()= d#)?RQFRQF L()M R[3B)K +@)3 HHB)K,81QF5J5N MB)* [)I
HG0,8
dR;)).81WB))6@J17())= [JB*())M +'/.B))%31'R81dR;))).R81>$%I()M +()ZN M(31()J +,;<?B)b
+()Z–$%3(K1G)3 (<)f(01'()3 U(?#:)6RQF F()= HG<%3,81R81WRqQF h$?/C1(M1{%M,81h?ŠfB3
HHG)).,8R81+()V%=(31()J #K()?,;<?Bb1R'()* TBJ(). #)$%I1+81#)6(K1WBK(N M(K/)6 p/)J
HR81WB?q(M1(?B?F/=1'RF(=1+;.,'R/C1+,;.(31R'B*1+,;<?Bb1(-./0
,F'()))J(31+4B.B)))f a%M())))J Œp81+())¡ WB))K/A$%M1',;.4B))6(31F,'BS())Y #.R;?())S
HHhIB)6 dXBK1+FR8F(61(.R'B%&1'(*1F(=1,'(M(J1+‚(31(-./012BK,81,'(?5C1#.R'B%&
'())* #)S,81F()3(M1ŒL5)C #KB)K HB)K,81().RF'(J1'()M #?R[$%)C d()M(&1+R'R81a%IB)K Lw()3
k1XR'R81Th))<$%=,815))3 e)))Sq'[= WR'()* T+[)Z3RF1X5)C W()?‚1G3()3 #.R/IB). R8().RF'(J
N
F()J(*1ŒF()6(31eKB)C U,81HH+,;)3 X5)C +QFB)Y W8[K(). N /)Ar1dW8[)K 7/Ar(31W(K,8
H,'(:%N
O$%y31X5C1R81^^B.``1d^^GN M(3``1WR/$%.(M1#.R8F(JF(6(3
HW())3(.1X(:)))9C(M1WBK(:C()6F(61d\5)= ()Y'(J1B)3 e%:)6RF1#|)fB}15)I F()J(*
H(.B:C(6F(61d(M1>$%K(?1+''4B31(I,'R8(.1#N MB&1^^#:6RF``1WRqPQF(M1pqPF
 …! !"#$%&'$()*+,*-
F,'BS())Y #.R;?())S HX5)))C +()ZSRFB*15)3 ,',[$?QF()Z31d,[$%)3 WBK()%01,'RqB)* ()M 4R'
TR8^^B).``1#).'/31#CB)? d^^GN M()3``1#).'/31£()K {)S /$%.()M 2(.R8R81U(?(31'RF(=1#<$?/f
a%-$%.B)S,4 T,'():$%3,85K1 ,8F'1,8F'1WB%%.BK1+'B*1H#A314B3F,81#I(S‚(6(31(I(z,4
LBr())))6 R81WB%.BK()).R'B<3(M1#0())K h)).Ru31G))& WB))KPQF,'B*1+,'())* a))$%&1pQF())&,81G))I
H,'/3@J
7(=1+5C1,'(.R'B31#.BK(?+4B.Bf1dF,'BS(Y1#.R;?(S1#:6,8,F''8(M1#I(?RF'(J
'RF''81().Rg[V$%I1'()M h)<$%=,8R8 WBK,4BIB)6B?1+(.B)6(K1'()* R81a%IBK1WBS(=(M1T,'B.
HWF''8
5)3 ,',[$?QF()Z31()M(&(31()IR'(K1H,'():?BS1 FP41,'(.RFR'(M1dX‚'(*1>?u.(M1ŒL(-$?QF'B=
WB))?FBK1()).R'(*1HH#3()). WB?())N M5I1#)))f'/IB31,;)3‚1N k WB)%I5C1X5)C +()K(?+@J1FB.()K
FBSq()))*(M1W;.()))3,41,;)))<$%=1())))-./01,g[3())S 7())= F())6(M1WB%:))6,81d())?(.B?#K(SB.(&
HHWFP41#$%N O3B)I Lw()3 h)Su.1 '(-VJ1GN M(31HH,'R[6'/.,FB0(M1X4(J(S1,'RQF \5IHHW(?B.
ŒW/?FB3R81,'(.BK(.BCwB3(M1B%J'xJ1+F5C(9S'1WRFB31(&5N M8(K1+B*
‚'()S(M1G)3 a?B)=,'1 F(J(*1HHe%.18F(31(:C(61R8(.B&5N M81'(*1+[3,41[$?q(M15I15C
HW(K,81XB./I'[_(I1'BIF(6(31hN MBS,81(<%AK(?
de?'';.B))f''QF WB%:))E$%&1'1+''8[))3 WB?8F()))S(31WBK()?'R[=,q1,4()J(S1#:)6RQF(3
a))%&1d#<$%=B))). #)I5C1F()6(31e)<%.R41,F'()J ()35C1F()3(M1\5)I T,''8[)K WB)%N MB<$?/C
\,'(*1HHWx‡AN M(=1e<$?/C1#&5N M81R''81(.B%K,F(J1WBK,4(J(S1H,'(:?(3,81R8BI5CF(3(3
#))$%&1/K,'B)))I B)K,81()-?81#)<$?/C1+R'R81WB?()K,u%=1G)3 ()<$?/C1()-./01().B?5C1#_B)S
()))<?[3'(*1Th))).,x3R81G)))& e.B)))?5C1+''u0()))K h.R4B))). #=B./J())))3 ())IR'(K1TG3u$%=())3
dp81N k1WB))?'BC'41BY'()))* H,'(:-)6B.1#:)6(=1().(3,81WRq1F''81+,'B)S 5)3 \().R8F'
'())* #<:))f/K15)))3 e:)6,8(M1()K #).R4,81[IB?4()3 X5)C Ž)<%31e)f,81Hh)3,81u)$?QF1()S[K
WR'())* #))?FR8FP41+[))=,q1U,'()). ())3 X5))C +B)))?F'1H,'():$%<$%y317()= (.B%)6[31,4()J(S
HpQF(Z3RQF X(K(<$?/C(M
X8''[)6 ,'()<3,81>)?u.1e$%MB)I h<$?4',81R81XF',8(31a$%S1U,'1(.RF(J1,'RqB*1'(*
#?RF(S1W501WR'(*1Hh<$%&(6,81e<$?/C1deE$%&1F(6(31WB%Iw(6,81BY'(*1HWg[0,8153
\5))C +()))Er(31dW()K,815)I 5)3 #?RF()S a?R'B)* W()K,81WBK(.B:?()f dWB)K,;.,'R/C
H(.BK(NM,8'/31+(9%&1B%.(I1\(K(N M(I1dœ$%_1HHW(K,81Nk1eNO$%_1WR87(=R;$%&
 ./0123$45,+67 …"
>$%)6(KF(=1HHh)3,81 ˜.P8F81e$%M1d,'(.(K,815I(M1@31FP41R81WB?5C1#<$%y.(M1WR'(*
HW,8,81+PFBS(J1WBS/J1d#N M81''81R'(*1T,',8[K1N k1WB?@31FP41R/C1d>N M(C
F()J(S1h3B). \5)C e)$%M1,'()N M8(M1dW,8,81XRu)6 X;<)6(&1#-$?FB)KB*1 F(=1F(A.RF(3
R81X5C1#N M8(M1+,'(*1F(3(M1e%.R/Y1j_(.1'F,'F(&18R81,'(%*‚,'(M1>$?FB-.R'BI1(:%A3
()))))E_(.1Lw()))))3 ^^,'/))))3 ˜.())))I N
k1WB))))%.B?q1dh.R'B))))I G))))3 ())))-N
M(C1'())))*``1o+G))))N M,8
#.B)?q1()M ()?#:?[31 [S(.1#-$%.B?q '/S(=1#:6RQF(3``1oh$%N M,81,',[$?q(M1WB%.BK,F(3(Z.(I
^^FB-.R'BI
WB%K'/61,'(<$?81R;$%&1e?,4(31R81>$%IBK(M1oW(K,81G&1#:6(=1(K(M(ZS'8F(S1GN M(3
R;K())I(M1X())&R[C1X()))?,'(<IB=1R;)$%&1#?,4()3 '()* F()A.RF(31a%.R'()* BY'()* HH+()K,8
'())* BI())= ())IR'(K1Hƒ.())?(J,81G))& WB))?[3,41X())IBS1,;<))6(&1,FB))KB*1'()))3 5)I HW()K,8
'()* HW',[)6B.1dW()KB.1 R;?(&1™?(K1WR'(*1#<6[r1(:$%3(.1','(:$?g[J(.17(=1X(f4R'(.
dW,;)))3 +g[)J R[$%)C X'()KF,815)3 WB%-$?45)6 F()= W()K,8,'(M14()c R81WB?5C()M ()-N M(C
e)))6(=1R85)))I #S,8F()))3(M1()))-./01,u$?FB))))m31WBKR8())J ())M X5))C ())IR'(K12W,81+,u$%))I
+FB?()). +FB3()))3 WB%:)6(=1dh3,8@)JFBS,81BY'()* 2W()K,81WB)?5C1#S()K d#?()-VJ(3
7‚1#I'()))KF,81WB)%$%M1,;.,'()*F(=1T+()KB.,'(31e)6(=1+()* H,'():$?QF(J,817()= R8()N M5I
#N M'()))K(M1u$%)= a?R'B)* T,'():$%3,81B)%Y1,'Rq/)K +[JB*()M 7()K''81W5)0 WB)E?81†h)3,8
Œ†$ƒ0,8F,81(.BS(*
>$?;.R',[)6 $#)I (:?'/31\5I1T5I1#O=(*1(I(.'/3(.1WR'(*1(-./01ŒL(-$?QF'B=tGN M(3
4())c d()K,F(J(.1WB)?5I1+,FB)0 ,'(I,FB3()6 '()3 a%.R'()* HHR81e.BK,45)6'B=1#N M8()M
HWx¯1X(K(<$?/C1W(K,8
,;.()0 5)I ()-./01 ThN O$%=B.1e$%Y(31WBK(?'R[=,q1,4(J(S1U,'1e.BK,4(J,QF'B=1(N MPF
h3,84(cB.1R5XFBrB*(M1(9%S(=1WR'(*1+'(-3F,81W4(S(3
ŒŽ$?FQ'B=
5)3 5)I HHB)K,817()= Ž?B)r +B)3 +(<$?/)f '()* B)I WB9K17(=1',F(31+@J(f5J1',F(3
oŸ$%NO31WB?1HHWBK,;.4(J1d4(J(S1+F(K'RF1(:%A3(K1+'/3(.1,;?F(_B*1,'(*
^^ ŒŒ(%.1F,'(.BY1'g[Y1t5I1+@V$%.`
#X/J1+'B*1RFR4
 …l !"#$%&'$()*+,*-
!
!%5+G!_3&C":

d#:)6F(&1i,'()=(M1,g[)& '().R[J1h)S 531WRFBf1#.B?q1'(?#<%9.17(Z.(Y(M1L4(c

F())3 ()):$?'(-31U()). ,'())-$?,x$?F1h))$?/C1+())AN M(K1F())3 ()):$?'(-31'B)))%&1HWRq''F'1''4,FB)*
8F'1WBK(?+FB)f ,'B%&()M(K1H,'()f(KF(61 #N M5SF(J1ƒI,[_B*1+''4,FB*1'4(c1#Sq'(I
#)).Ru„$%I1#<%3B))). >$%:)f +',41F()6(M(K1W,8()* 5)3 e%=R'()J WB)?BZ%.1()O%I1T,'():%3(*
HHB-31;<6(&1>$%I,[_B*
$#OZ31,'(?#N M(&(0(M1#f5=1WB?(6(K1'(*12(?#E%&1+(:9%.1R81WB%.B%J1+,'(<3(M
Œ,FB38(31#-$%S'8F(S
dp/K()M 5)I Lw()3 HH,'BEC,F1R8#N M,qB*(M1,'(S(K1+‚(3(K1+'/3,81>$%N M,qB*1(J45C
'())* (:))E?'G&1/-N M())3 HHL,8B)). WB)))9%&1e<:)f/K1e)6(=1h)S Πp/K()M 7,qB)* #:$%KB)&
Hh31UB&1(.B:6(=
+;<)6(&1e)f',QF ,'()-$?;.(=1 +‚(31F(J(*1(-./01ŒL,8B.1WB9%&1e%KB&1h$?'R81hS
WB)?5C1(.B)6(K1'()* (?(.R'(M1HHG31#Su.1ef',QF ,'(-?81#-$?;.(=1+‚(31(?(.R'(M1G3
R81WB))))%-$%N
M'/Y/¡1'/S())))=(M1#))))f5N MB*1i,'()))))= Lw()))3 Wgº)))3R81W8FR/)))3RF1\5C()))M
H(?R[-fB*
BY'(*1HHWB%I(?R;<6(&1+(&5&1(.(J,81BI1W,'(.BK,[J5C1+R'8(31X,/=(f1k(J(6
F())J(*1(.B))6,'(=1(J())6 '())* HW()))K,81WB)%SRFB*1G)3 dh)0,8PF1R81WB)%?x%I@31#CB.()3
()0FB&1()<.(?(J,81WB)?5C1,/$%I'/)6 ()-OK(31R'()* e)f5J1 (‡N M/J1(.,;31g[&1#.R/I1WB?(.
H@31W,'BC1#-$%-9$%S
(J()))6(31LR'g[)))3 L5C()))3 \()))3 Lw()))3 HH())).'/3,FB&1781d+'BSR8())))M WBI4())c ,/))$%*
hO?())K R81WBK,;.()))SFR4B*1F()6(31WB:.BK()6F/r1()<%.R'QF ()-./012()?#.1WB:.BK()6,'(=
#?,4())))3 d#.B3,[y))))%S1th))))$%N M,81#))))$%&1',/))))?QF5J1N
k1+5))))C WB:)))))f5NMB*1dX,/=()))f(M
#I()))NMBc1()))3 ,'()))‡<$%=,815))))3 WB:K(?(M())6(S1()).(?‚1L())* 5))3 h))S R'())* T,'())<IB=R;$%&
#IB3())))M #0())))K W())))-3F,81WBK(.B:?()))))f (.B?/:)))E?'1+(.B)))6(K'(M1FP41#K()))?,FBSq
Œ,'(.BK,4RF(31(I(.'/01WB?5C1WBK(.B:?(f
 ./0123$45,+67 ……
U,'())). HG<$%y)))3 N
k1+4R'1B)))3 G))))3 WR[))J ,'‚())3 #KB))& h))$?'R81WB:-$%SBKF())= de))$%3
ŒB-31\5C1WBK(?#.''F,81(E%&1#C,4P81+[JB*1dBZ$?F1B%S,8F(3(M
()?#I,4(M1G)3 ()Er1'()* p/K()M Lw()3 HHW(-31+8(31+x$?/MB.1R81šBK(Er(M1(?(.R'(M
+,'().'/31>?u.()M /-N M()3 ()%.R81#:)6RQF #)E%&(M1+x$?/N MB)I Th)<%31+B). ,/$%*1L(-31+8(3
H,'(:$%A31QF5f1#I,4(MG31#N MB01531(?B.1+u$%31B-31+FB%.R41+R'R81U(?P[S1T(?R8
F()= #:)6RQF(31H,'/)3 LF(). +5)3 WB)%N M8 R;.B%N
M8()3 ,'/)0 #KB)& h)$?'R81 i(K1p;.(=
HH())%.1R8,/)))$%*1+,u3()M ()?R81WR'()* +,;.()C(M1+(?+45)6 781'()* Th.()K,81G)& ().R'(*
h)))$?'R81h)$%N
O31#)$%&1G3()= >$%:)f G)3,81oh)6[&,81d$+81#KB)& h)$?'R81()3 WB?():N
MBJ1WR'()*
†#KB&
()‡$%*1WB)S‚15)3 ,'/IB)= '()* F()= ()%.,'(*1HH†()%.1 W'/31#?B315C(M1#KB&1h$?'R81(?B*
#)-$%.R/%S1U,'1a?'()* T,',8[)K #KB&1h$?'R81531WB‡N M81#:6RF(31Œ'(*1+‚531h?'/0(.
#).R/%S1B)3 G)3 \5)C G)& +'()CPQF,/%.1 ,;.(01(IR'(K1HH,',;.R'(c1R;$%I1+5C1iF/r
H,'(:$%<$%¯
#X/J1+R'B*1RFR4

!`?M:

F()3(M1^^G)3 ,'()SB.(&(M ()%.1 Ž6(K1#I(rBI``1o$#N M,81R8+5C1#.''F,8(M14R/C1B%.(I1

()9$%K1dG)3,81R;?()& R;)$%I1^^6/)"#7`` #)?‚''81 +5C1#IR41(:$?g[3,81'B01(<%AK(?1+,'(*
7()= e)6P81G3()3(K1G).R4,81BY'()* 2G3,81e6'F81R8+(K(?#I(?B6(K1dXR41WR/$%.(M
#:)9&1()N M5K1'(<$%:)9&1W5)0 TL(?G)6 #)6(K(M1 (?#:?[31a?4R/C1B%.(I1#:6P81HBKB.
()))))I'/Y1$ƒN
O$%=B))). (S(?G)))6 ()))6(K'(*1a?R'B)))* À3'B)))<31WBK,'RF()))6 hN O$%=B))). \5)))3
H,'(.BK(?#?w/r1#<31(.'(-31(K,FR8(9$%K
#:))))E?'G&(K1())?,'(*1F())3(M1F())= T())%.1FB))?81WB))%<314R/))C B%.())I #.BK())?#?w'/r
+5))= ():$%3,81()S(*1'/3()= +5)C +()Z–$%3(31+R'g[)3 €P[S()K H()?'/IB=1N k #-$%:)6P8(3
 …’ !"#$%&'$()*+,*-
ƒI())N
MBc(M1#.B))K,@31G))3,81>$%:))6P81+BÆ()))* TG3()= +5)C +8/C()3 #)fR'g[3(K1,'()*
H,'(:$%<$%:EN
M(=1R5W¬J
FP41TR8+8'/))6(c1d#))Z.F41F()))6(31W'/)3 7R41+5)= ():$%3,81­)E?/f5C1FB)Y FP4
'R;3FB))f(c1G))& +5)))C #%Iw()6,81G)3 /K,'B)I B)K,81h)Sq'81+()<S1L''8F()S a?FB)Y
H(-?81#.B6(K1F(61(:$?F(31\[$%=(K1G31B<%3BI1#9?5C1+B.R/I(M
+'B<$%&(M1G31a%IB3(C1+,8BSB*1(:E?'G&1$ƒ31W8[K1R;?(&1e6P81+BS(I(31G6(K
P[))))S (:))))E?'G&1T())))?B.1XB3())))C #-N
M())))K(31h))))Sq'81()))):$%A31G.R/I())))). a%)))6(K1TR8
>))?u.1X(K(:)))6P81#N M8()M #.R/IB). ()-./012p[)Z31#I()?B<Sq'81+u)$?F1R8+(K(:)6P8(M
H#$%Z.(Y(.1R8+(K(?#I(?B6(K17(J(M1'F(61(:?(3(.1#f[$%=BI1,'(:%A3
#S,8F())))3(M1d#N
MB‡NM())))= e)))).''F,81#.BK())))? #<$%y)))).,8F(&1'/S())))= p'()))))I,815)))I
dG<$%y)3 N
k1X4R'1(:)6P81'()*(K1().R4(S1+[?()6(31 B6'(*12+(¢F,81X5CR;I(K(:6P8
#f[$%=1R8(*17BJ1#-N M(C1R'(*1G<$?4BE31+5C1G.R4(.1#$%M1G6(K1HXBK1Xu$?F(&1,F''8
B%.()I T+;).,'R/C15)I ()-./012()N MBS(SR81N
 1#)I5C1 R'F(&1G31o1(3B?F'1R[3BK1HF(61(.F(3
Hhf5m3R81WB?5C(K1(SF(f1WB%$%&1WBK,;.,'R/C
'4R/))CR81+,;)))3 #N
MB)& B)I #)3 ±R8F()& '(:)f5&1R81X(K(:)6P81L,8F()3(M1(:)E?/$%&``
HG31^wB31#P[S`1N
‚B31+(.'/b1+BÆ(*
#:))6RF1/K,'B))I ,'()):?'/318F'1X(K,'/:))6'/.1(:))6P81+'B0'g[0()))M >)$?qPQF ()?B*
,'/?8(). X5)C +,FB)0 #<)f(0(31X'()* +,FB01R8(IBK1'(M1+(*1†p'(-3F,81531X'(*
X(K(:6P81#.(‹8(31+8(*1HH†,'(?R8(*1#Z.,QF R8FR;A?(}1+;.(3''QF +(<$?'B*(M(K
Π+'Rq(NOf(.t'/31R8'(C1+(Cg[&(M(Kt
HHp'())-31+5))C #))IR41+''F())6 (:))E?'G&1()))?,F,'(.'/3'(*1F()= €P[)S ŒŽ$?F'B)=
#0F(=1R81X5C1#?BJB*B.(M1#.R/:315I(K1HG3,',F,4P81R8#Z.,81G3(M1G3,81a%:6P8
d,[))))Z3RF1X5))C T+())-31+R[-))fB*1d+())¢ +F,81B))K +,81R8+FR8BJB*())M X(K(:))6P8
+,;)))3 X,'()<IB=R;$%&1#?,4()3 +QFB)Y +,'()* a)$%&1H().R'QF(S1G:)f '/S()=(M1R[-)fB*(3
+t,'()<IB=1R;)$%&1#?,4()3tX(K(:)6P81()?(=1FB)Y H,'():?(-31#)f WBKB‡$%=1(:E?'G&
())M a%I())?R[S(.1dG))<%31e))3 ,'(<))6B*1+;.())3 ''QF())3 BK,84())c /-N
M()))3 T()f5CB.1G)&
H,'(:$%-E?º31,'(:.BK,'B0
 ./0123$45,+67 …
())S(K1','()):$%3R4RF1,'()?+x%I1d;./I()3 ()I(=1X(K(:)6P81F()A.RF(31+,45)6 '()* B)3
HG3,81(6(I1#¤?F,41d#-6B.(31,[$%*1QF(S(M1+(K,4561BY'(*1T$ƒ317(-$%I1#9%-$%rF
p;.(=1H(31WBSF,81dURF5C1HH(31>?F(I‚1dUB&1+R'(=1U,'1X(K(:6P81F(A.RF(315I
WB%.BK(:)6P81#).8[K1FB)J4F1 531#0(K1WFR'(N M5K1;.(31dX5K(M1W8[KFBJ4QF5C1531i(K
HWB.R/I(3
+BS()I(31+'/)3 a)%r,QF 781FP4()K T()<$%y31#I(?B:)6P8(M14R'1#)3 (O?5K1X5C15I(K
H(3(S1W8[K1R;?(&1e6P8
T'/)3 'R[-$%M1FP41dU5&(01[$?q1R8#$%I(K1+QF(&GI1R8.,F(_B*1F(6(31F''81#-$%.BS,4
#:)E?'(f5C1+()Z–$%31()-./012()?B.1 W8[K1#I(?B:6P81#-N
M(K(31X,[_B*1\B:E$%*1BI
G.R4B.1(-?81#0
+[$?/KF()6 d­)f R817()=(M1p'(). #f5C1>$%6(K1F(A.RF(31X,[_B*1#:E?'(f5C
H(%.1\(31G3
#.BK()))%KB.''F1(-)9%I1T'/)3 >?F()C ,'(?#:)E?'(f5C(31X,[_B)* #)N M81F()J(*15)C
H#<$?g[_1WB?RF1(CB¥(01(-6'[31R81˜.,41,'(f(M1(K1WFB3(M1(9%S(=
HH,'(:$%) f,/31Nk #J()S(*1U()?,8RF1(I'/:)9?(J(.1e)6P81U,'1X,[_B)* \B:)E$%*1B)I
F()))J(*15)C TU()?(K(M501(:$%A)f,81HH+5)C 5)3 (K(?(O%)9&1oŸ)$%N O31#)$%&1()?,;.,'(*1F()=
Œ#+5C1531(K(?BZ.BS1R'(*1,','/31a?4F(3
WR'()M G)K +(*1oh$%N O31Ž$%&1WR'B%&1B31Lw(31H(?B.1#I(?B:6P81#-N M(K(31X,[_B*1R[I/J
Π(?#I(?B:6P81+(:E?Bf
'()))* HhI,[_())). #.(?B)))f WB))):N
O$?'1$#)))3 #.B)))%J1'FRq())))= #.B))%J1Œ())<?1+'B))%&1+())=
dŽ)9C(A31 šB<Sq'8(31,'(*1+,;<$%=1šR/I,81a%<S1h9C(3,81#.B:6P8(31+(?,4R;.(*
HG3(.1FB?81,/$%&1Ž9?FRq(=
()))):$?'(K,81WB:%I(?B:)))6P81+()))K ()))IR'(K1HHh)))$%.,81,'()))-$%&1F,'B)))? 'FB)))? ,/)))$%*``
^^ŒŒ,'(.R/$%.
 …ˆ !"#$%&'$()*+,*-

!a34b+[+/!C'*+14*!c'&!C#"$'V

d^())))KB0`1#:)))))6RQF(31','/3R4,FB)))f d,'RQF()))J R8FP41#.B)))Iw'1dW‚()))J /$%.()))3 RFR4

'())* +u$%)= F''q()M >$?u$%)= D)%=1R81WBy)%Y(M(K1,'/I'()KF,81+5)3 ','/)0PF1R8^()&R[C`
H(%.1,'(.R''8
dŽ$?qFB)I ()?#.1\5C‚()M #.B)?q1>$%M()J D)%=1 (?+',41L(*1F(6(M1(K1,'(I,'/31ÇB6
G))3,81+x))3 p'())%31>$%M()))J F()= H,'()?5C1+,8R@)* #)¤$%KF1[)$?q1()IBC(.1WBK,F'/:)6,8
HG))34R'1R8/))Y #.B-$%))6'RF81())M(J1+,8R8FRF())r(M1G)))<3R81+5)C531>$%)6'/.,FB01'()?g[3
H(?#?R/E?F1,'(-?81#-$%M(J1+‚(31(?(KB01'(-$%M(J1+‚(31+(:f1'(*1o,FB?81\,'(*
'()* F()= #0()K ()?R8#Z.(.1#JF()3(M1R81>$%Iw'()M ()?(=1FB)K FP4(K1,'/I(KF,81L53
HG<$?/.,81+5C1d(?R8+4B.Bf1d°,F(f1#JF(3(M1R8(K1#-$%Iw'(M1,FBK
WB?(K(?1F(=1hS/?81/-N M(31Tp'(-3F,81531+(-$%6'RF81#:6RQF ,/?8(.1ŽK(?G6'RF8
HG<$%S,8QF/61WB?F(61+;K(?1#%r,QF 781d#:$%f(31ª(=F,8
T,/%)))6R/N
M(=1+5)C #:?F(). d‰R81+()c'(M1,'()?5C1+F()6 e)9&(M1>$%M()J '/S()=
G)))38[K1Ž?B)r R8+5)C #:)E?'(M1#-$%:)fg[31dB).R/I1£1dG3QF()&GI1R81>$%m)65K1£1F()6(3
,@)J eC()6 ,'()?‚(31()K +(:)f '()* T,'B)9$%K15)3 +g[)$?81R8+5)C +t(c'(MF()6 t()M
[JR8G))& ,;))<$%=1#-$%:))E?'R;$%&(M1()))?#:?[31'()* +[$%)C HH#:$%.R;$%&5-)f +B)Z$%Y1,'()*
HB3,81U(?5=1'/S(=1531e6,81\(:E?'R;$%&'(M1Ÿ<%31X(6[_1531T+8(:$%31X(z,4(3
dhI(KF())6 +())?BS1()):$%A31+5))3 G:))fF(=1d#<$%m))6(V31()))J #Iw()6,81G:)fF(=
(:f1'(*1T#<$?q''F/31+8'/6(c1d#Z.F41','(?(-$%6'RF81#N M81(IB¢1,4F(M1d+4B.Bf
L()K(?1#.B)?B&1RQF'()* +'B0()M a%-$%:)f F()= H()?(=1 #S(K(?1+(?B&1,'(M(J1'(*1+‚(3
e))%.R/I1F())J(*1H()).BKBI1#K())?BIR'1()):$%3,81#-$?FB))3 'FB))K '/S())= 5))3 R'()))* Tp[)Z3F,'
X()).B.(I1'R'())= ''B))* d+',41+R4,FB))f HH#)))3 >$%M()JF(=1#.BK(?#:)E?'G&1+FR8B)JB*
+()))K,81())).B%%<$%y.1,u$%))))= '())* '/S())=(31UF,81R'())*t#))3 #))f(K1G))6'RF81+FR8B))JB*
F())6(31G)))3 7R4B)I 2G)3[J5C1h)$%.,81,/)$%&1#N MB)& dh<$%&()6,81R8()M(J'(M1#?,;.BSF()_(K
 ./0123$45,+67 ’‘
#K())?,x?(&1£1())M(J1L())*(K1p'())K,8F,815))3 e))f(?5=1'())* WB)))E?81HR8#.B)K,''4,FB*
H#.BK(žBSB*1dXR'B*1(IBJ,81R8#$%&BI1,'B<N M(=1+5C1531#I(A?BI
#I,@•()))))3 e)))E_(.B31T#)))3g[31a)))$%&1R81U()))?+FR81WR;?()))S '/S()))=(M1(:)))E?'G&``
FB?(). +‚5)3 dG)3 e6P81+‚1531F(=1ef(K(O?(S1B%.(I1dG<$%:E31ŸI1dp4B<3,'(?5C
^^G.(S1{S
R81\(M(31+(KQF/VS1W'(-31U(?#.B.5?1#$?/JF(31F(J(*1W'/31U(?(f'1;.(01(.R'(*
+5))))C #.R'B))3 +4B.B))f 5))3 R8p'())M ','(?#:C())6 d#))6[I(S1/))$%.1()):$?QF(&,8RF1dp8
HpQF(J,8
^^,'(:?(K,81F''q1',F(31,'(.R'(K1WB3(M1X5C1+@I1W50(K1(31WRu$%M1dGN
O31e6RF``
Hp'(K,81WR[J(31t,'/I[JF,'1Nk L5C1+'B.(K1+(M(J1'(*1F(6(M1t(?+[$%m6RQF '(*
R;)$%I1#I()N
M(=1\'/)I \,;.,'()* T()?R;$%I1+4B.B)f WR'B)3 ,;.()0 R81L,'B).FB?81 L(M1F(=
Hp[K,81+8(3
^^(31UB01+(N MPF1R81WB%N
M(J(M1,'(:NM81#CB.(M1',[Z31eK'B31d>?R81+u$?F``
+G))& +81#-$%M())J T,'B)). 7())= +5))C W;.B))I,QF j_())). F()6(M1\(?+[$%m)6RF1L()*
H[S(.1#-$%M(J1(I,'/31',''8[Ku$%=(31G&1+5C1T,/?QF(&RF
dh)))$?/C1R8#KB)))& e)))6,81'B<$%&()))M ,'())):N
M81#CB.()))M d()))3 ŸS())* dUB))& e))6,8``
^^X5C1+8/C1531G31X(K‚(_1dWB?41+(?BS1X(.Bf5K1GI1'(*B312G<3R81e6'/SB.
GY())3G&1+FB))K ()))-?81#.‚()J(M1GK()? '()?(K1#K(?+[$%m)6RF1\()S(*1T,'(.B)E?8
())IR'B*(31iF/)r FB)3 #.4()S #-$%M()J ()I,'/31','/)3 7R41R8+5)C #)IR41F()6(31d,'B)<$%=
H,'(?#.BK,F'(J
+(?B)6(31HW'B). +R81+5)C dWB)<$%=R81 +(&R[C1'(KB01+5C1+8/C1531(ZS'8F(S
()I(.'/IB=(.1R81\R'()c(M1','()I(./?4P81+(). ,'(?#.B§B*1#K(?(N M(?R41d˜.,81D%=
HpFR/C
T,/)?g[315)3 +5)C #)C[.1>$%:)f '/S()= 531,'/IB=1TG3u$?FB&15C1€P[S(K1+,'(*153
R8+5C())M ,;.4())S dWB)).R81±[)).``1Hh)))P[S1+8[-:)6,81F()= a%.BK()?#I(?BP[S1B)IR'
ŒW[Z31N
k Ž$?/J1WBK,F(.8B%<31+(*1(IR'(K1HH,8B%<3
 ’] !"#$%&'$()*+,*-
,/)$%*1#.;.B)C[. #:)6R/C(31dh-$%:)f;.(01WR8pQF5J()M +().RF(='(J1 (<%ž(J1'(*
a)%C[.1()IR'(K1HF()='(J1dn.()J ()I(.'/31#.;.B)C[.1 (IR'(K1HF(='(J1dn.(J1(I(.'/3
,^^W'/3())=``1#0()= ()?R'/3(.1WB).R815)3 ±[). F()J(*15)C T,;.4()S dWB).R81'()M ()?#:?[3
U'B.1G31#-$%N O-$?/I1(M1'/3,81#:?[3
a%.BK(:))f #))C[.1F()).8B%<31#))<?QF5J1,;.4())S #$%&())3 ŒW[))Z31p/)))J ()<?F(.18B)%<3
HG31a?F,;-$%I1R81>$%IBK1'/S(=(M1,F(.8B%<31'(*1G3,81opQF5J,8
()))KBI1+()))M(c'(*BI1W'/3,',8B)))%<31h$?/))f(31R''8())3R''81W‚())J ,'BI,F())6(M1F())=
h?[I,4B)))I ()):$%3,81UB))I TR8())I'(K1N
())= L())M ())IR'(K1HHR87())= WB?F())6 WBK,F())<$%|N
M/C
'(*1HH,'B.R81WB?5C1531WB?(KB01+B6B?1W‚(J1,'BI,F(6(M1F(=1HtW'/3(=! #.BK,/$%f
W'/)))3 +4RF15)))3 d^+FR8F()))6`15)))3 ,'/IB)))= >)))$?F1#-$%<:))))E?/f5C1+,8R41\(?B))6B?
HWB<$%=1GY(31WBSF(_(3
G3,'()))* 8By)))%.1+()))KB01F()))J(*1HH,[))))I ())<%.5K1UB))I #.BK,4())c(M17())S5K1+4())c
G))))3,81R[-)))fB*1R8()))KBI'(M(K1()))?,'(*1#)))f(K(&R[C1T,'R8FB)))f(c1+5)))C R87()))S5K(M
HXBC,8F,8,'1+5C1+(K(?#I(?B6(K
+(?#I(?B)6(K'(*1HHG3(). R;)$%I1+45)6 dG)3 +4B)A<?5*1 (?#I(?B6(K1'(*1#:6RQF(3
#.B)))9%.'B.1B%.()))I ,'())))* 7())S5K1+())3FP41+())KB0(M1G))3 h))I[JF,'18'/))6 #:))6(3(S
H(%.17(S5K1+,FR'(r1+BS(<31d(.R/S(=1#I(?BSu.
'()KB01s81#)6(K1,'‚'()3 WBK()<$%=R81(%0()65=(M1()Z–$%31 R81>$%S,8F(61'/S(=(M
(?#:?[31,'';.B6@J17(=1+(&R[C1'(KB01+[JB*1+,'(*1HH,''8[K(.1e6'F81+(&R[C
H,'(.BK,;<6(&1,FBKB*1'/S(=1+'B.(31ªF1+4561d#:E?'(f5C1+4561(M
+u$%)= +''F1F()6(M1#-$?u$%)= (?+',41L(*1F(6(M1HW'/:?81+,[_1+FBf1d(JtRFR4
'())KB01+())f'1())I'/Y15))3 ())K(?BIR'1a))?^u$%)))=`1HH,''8[K(). +8()3 ,'(.BK(%0()65=
H(&R[C
pF()*HH#)0,81N ()6(_18()3 #-$?4'/SF()M (?Ru61#.(?Bf1d(9?B:61#.(?Bf1+,'(*
())))K +,F,'()).BY'(*1HH†pQFBy))3 >))$%I1,F())<$%r5I1()).4'/SF1'())* G)).R/I,81WB)):$%K1Œ())<?R[3
Œ†,'(.wB6(_18(3 (OS1'(*1(IB¢1@ž41GK1G3,81T,'';.RQF(&F,81#OS1WRFR4(=(3
 ./0123$45,+67 ’
HH,'R'())I #K())? 'FR4())= a%žB))SB*1'(.B))9%.1HHFR4())= (:))9?(J1W‚()))J +,FBSq()K
WB‡:)))E?/$%&1()‡$%*1()-./01HH,@)ž41U()?(31WB‡:)E?'G&15:)6(*1FR4()= 5)3 ()‡$%*1BY'()*
de)))$%31Lw()))3 HH,/%)))6B.(.1#-$%žB)))SB*1())))KBI1#I(?RF())f(31Pg[S())*BI1H())žBSB*1U())?(3
dRg[S/J()))K ())))%.R'1+B)).BS1())?B*tp'())K pQF())3 e))6(3(S1G3())3 B))=,'1F())= #I())?BP[S
Π(S(CF(:S(K
HHX/J1+R'B*1RFR4

!a&T*!%?'5!@+&!!!#+5!]d'5!%F2e&8R<9

5))3 WB?45)))6 ,'()f5C1dWR/)Y +()Er(31dW45)6g[&1WB):-?u.1#)6(K1F()ASRF(31,/)$%*

>)))?u.1#)))SuC1'FB)))K di()))K #<:)))E?/f5C1oŽ))))$%N M,81L5C())3 \())3 Lw())3 HWg[))3,8F,8
H,F,;-$%I1N  1F(61#-$%<:E?'5C1(K1G0B.F,8,'(M
p'(.B:)f,81T>)?u.1#)6(K1F()3 ().(3,81 B.(&1W(K,8RQF WBI5C1#E_(.(M1(-./01,/$%*
R85))C L())* #:))6RQF +FB))3 B))?B*1Lw())3 HHL())N
M(r1())).,;31+;<)6(&FBK(31WBI()?,',8[K1'()*
†(.By.(&1#-$%:f1,'(<S1+‚(31,/$%*1+(<%.QF
WB%S()))* B:)))9$%=1',4P@)))& WB?'()))* 2,Š))))9$%&(M1F())<$?'81#))6(K(M1'R[<))$?'81#))6(K
#)))6(K(31F()))ASRF(31€P[)))S #))))fPF(&1+5))= ())?(S(*B*1HH+4P@))& +,8RF1(I5:))9?(J(.
Œ#-?u.
dW[)Z3RQF +(K(?#:)E?'(f5C1dh<$%y)3 i()K (-?u.(M4R'1L(K,81+FB?81531WBI,'(*
+F''81#)))P[S1#<:)))E?/f5C1HH$s/)))3 \5)))C WB)))IF'',81#))))P[S1WF,'1'())* #IB3())M
#<:)))E?'(f5C1L5C()))3 \())))3 H(?,'(<:))E?/f5C1i())K +''F())6(M1'R[-.R'QF,'B))0
H,'(‡%:6P81€P[S1WB31(S(C,81WBK(:f1d#?BSFBI
()))IR'(K1HH,Š).R/Y15I()M N k()J B)K,8RF1,'():S,81F()3(M1+().B%?BSFBI1'()* ŒL(K(:)6P8
†+,8B.G&1#I(K(:f5J1d>E$%*1#053
#.B))6(K1F()))3 ().(3,8 B.()& ,'(?#.B)6RF(=(31','/:)9%.1N k WB:)6[I1,/)$%*1#:)6RQF(3
L())3 L,/))$%*1T())N
OSBK(.1WB:))f(K(?#:E?'(f5C1dp@)))JB.RF1G)& WB)I5C1#)E_(.1d>)?u.
 ’! !"#$%&'$()*+,*-
W[))Z3F,'1WB):-?u.1#)6(K1#.R8F(JF()6(M1™?()K +,'()* 5)3 F()= o'B0F()3 ():$?81,/$%)f
HW[$?;31#NM(=1dW,;31+/?[_1WBS(I(3
2h3F''8()3 WB:)9%.B-$%6'RF81,[)Z31dWBK()-?u.1()6(K1#S(YF()6(M1 oL4R/C1(IR'B*
G)IBK1,/)$%*1TG)3 ()6(I1R8+45)6 78()M W()-31R;?()& 5I'()* #:)6P81 h3,8FB0B.1BY'(*
F(=HHW(K,81WBK(=R'(J1+R'R81,'(.(-31ÅN Or1R81WBI5C1#E_(.1F(6(31a?B:61p'(.B:3
7(J(M1\,/$%*1BY'(*1TG.F(31WB:.BS/J1(KB0(31dWQF5Z31N k1WB%$?F1+,'(*1(<:E9?(J1(K
HWBI5C1(.QF5.,81iBC(31dh3,81WBS/J1UB01R81WBI5C1+8/C
(-$%))6(K1L''8F())S h?Š))6RQF HB))-31())Er1+5)))C #).R8x?'1+q81(?()6(K1'()* W4PF8
()?(-<31L()* F()6(M1HG)N
O31#:)6RF1 GN
O$%=(.1d±,4F(31(:$%A31#$%M(K1#3(.1+5I'(*1#.R8x?'
k
N WB)))%$?F1,'().BI5C1+(<%r(:)6RF1+,FB3()MBI1h)$?'8,81WB)I5C1#)E_(.(M1R81>N
M()C /$%.()M
HW,;31>$%I
/-N
M()))3 TR8,81>)))$%I1e)))f',QF ()))-N
M(C1L())* #N M())-$%I``1o$#))N
M,81R8+5))C #N M8())M e$%))f
]l
^^(%.,/$%&1WB%f(31F(=(K1R81,81>$%I1(.R'(*1#I(A?BI(3
W8[))K @3())M5C15))3 (.B:)))f(=1d+(-$%)6'RF81h)K ()IBK,8RF1,'()<?4815)C 5)3 ().BI(=
d+@JFB.(K1,'(*1F(3(M12W(K,81¿R[C1WBI5C1#%.B%5C1,4F(I1L(31,/$%*1H+‚1(IBK,8RF
H>$%.R;<?41(:$%3,81531WBI1#?B%.(I
GZ.())K ())-./012W,;))3 5))3 WB)))I ^#:)E?'(f5C1Lu)C`1#)C[.1WFu)3 +().R'(*1G)3,8
Hh3,81>?F(C1,'(.BIFu31#S(f(f(31,'(<A35K1WB:–<$%&

^^ŽÆ1ª¬C‚1hS1(ÄB¢1;E¤I1{3``1o… È 531]l
oŠ.R'R[_1#K(?,/$%f(3
e))f'F(M(K1R8,81>))$%I1\()).R'(*1X()).B.(I1())K(M(ZS'8F(S1#N M()))-$%I(K1,'()IR8,8N
k +R'1(:$% )f
^!‘’ 5)3`1WB)S5C1 FQ(S(M1^^+/c(S``1#I,F4(c1,'(%_(EM(_1,@31L(M1F(=1Hhf(3G31R8#?RFB*
op/SF(_,8
GN
M,81T+(Z3GI1F(J(*1#cRF/61#.8[K1+(r``
H^^#N
M(-$%I1R8(-NM(C1L(*17(J(M1(<IB=17(-$%I178
!/V(-
 ./0123$45,+67 ’"
',;<?Bb())M ,'/IB))= WB?())¡ h))‹81#-$?;.,'())* TL())KB.1WB:.BK())).q(Y(M14()c h)S
[I())-%:.(*1R8#?B)))6‚1WBS()=(M1W8[)K,81WB?[?()6 ,'()9?F''8(M1+()=P[J'(* TF():K(*
ŒW'/3
WB)):Z.B31#:)))E?'(f5C1e)6P815)3 /-N M()3 HHL()KB.1WB):Z.B31#:)E?'(f5C1Lu)C 5)3
W(K,81e6(=1R[$%C1TBY1TG31+',41+8Bf1'(S,uS,41#.(‹81WB:f(K(:6P8B31HHL(K,8
HtwB3 #P[St1#N MR'(=1G.(?(J,8RQF G&1WB:-$%:f1#N
MR'(=
a%-$%)6(K1HG)3 WR8,'B)* WR8x?'1R8+45EN M8(M1WBI(K(:6P81B31oL(K,81WB:?[$%m6RF
()K G)3 (–<¤)E*1'()* U,'1(:)E?'G&1TB)Z3RQF R8'B)* #-$%N
M81F(6(31#:6,81G31#:6(3(S
>$%.By)))%Y1G35I'()* WBI(K(:)6P81L()K,81WB:?[$%m)6RF1H+x)S,817()= /)%N
M/r17()= +(O)f
G))))).R/:31R81>$%IB)))K '/S()))=(M(K1h)))$%=R81#:)))6P81()))?,'(*1H,'()))?5C1#)))E_(.1())):$?[Z3
R[$%C1TG3+QF(&GI1R8F(6(31#9%.B?q1#-$%6F,81';.(&1£1'B-31\(K1a$%&1WB:-$%.By%Y
W5))0 dpQF())J,81^())KB0`1())3 ^())&R[C`1W5))0 ()))K h)<%3,81BY'()* HHWBI'B0F()3 ()IBC#3
HWB:.BK(:6(3(S1(<.(?(J1WBI,81a%M(J1(I'(-$?F
+'B0(M1HH#.B?BS(I(31R81X5C1+Pg[S(*(M(K1h3,'(*1e.BK,F''81(:6(3(S1',;<?B*B3
X5)))C +tW'/3())=! 5))3 >$%:))6(3(S1U,'1Tp',81\5))C XwB))3 #))P[S1RgŠ))f(K(:6P8
H+[J,81+RQF X5C1+'B0(31F(ASRF(3
#K(?,;<?B*1#.B%1/-N M(31HHL(K,81(.B9%.1531WB:-?u.1#6(K1#<:E?/f5C1Œ(<?R[3
HL(K,81,qBSB*1531WBIF''8
#X/J +R'B*1RFR4

!_34V":!%*+5+I3&#

X5))C #))IR41+(JFB))f(c1()):$%.(?(ZI,81+())?BZ$?F1'())* +,'())<?4P815))3 B)))?B*1ŒLR[)3

HH†#3FB.(K1'@J(f5J1p'(I,8
o,[Z31N
k1Ž$?/J1'(:6,/31>$%S(K1R8,F(31'(<$%3(M1(IR'(K
o#I(?'/I/J1^É%Z|MR`1(M(J
 ’l !"#$%&'$()*+,*-
FB.())K a%-$%)6(K1HH,'/)I[J17()= +5)C +F()6 R'()* Ÿ<-)9&1():$%AI'(K1>$%)6(K``
^^,'/IB=1R81£'/.(31','¬J1R'(*1#3'/3
'())* #))Z.,81+'R'())I(31\‚'())S(M1H+'B))?q1F''81#K())?,'BS1R8())?(M(J1'()))* /$%.()M
+‚15)I #.R8x?'(M1d,'RQF5J1šR8x?'1oX/J1e$%&(K1H,'(IR8(*1˜.,81R85I1#.''F,;.(*(M
H;.(SFR4B*1#-$?x$%3wB-61(:$%3,81B6'(*1,'R8
h))?R'81HR8())?(M(J1'())* U())I(M1(:%:))6(='B=1#:)))EC1XR@S()3 +,FR4B)* L()* +,'()*
HH,'())IBK,81+,4B))I 'R8,8g[))J X(K(IB)))6,FBK1()<%AK(?1()f(3'B=1().R8x?'1'()* +()E$%N
O3
#CB.()).'/015))3 ()))-./01HH+'()-31e.B)K,FR4B*1#)Z.,81h$?/)f +()K,84(c1\5)I Lw()3
e))fB.R/I1dX5))C #)))IR41+‚1():%V31():r(=(K1()%01X()ZN
M(31()IR'(K1HB)3,81e)I5C1#)IR4
5))I B))?B*1†,4B))I #-$%r()= ',4B)I #-$?u$%)= ()M #):?[315)I #)0531†pQF ():?'(-31+5)3 ()?(=
†+BI,F(61#K(?,'(<I''u3
#))).R/I,81()))?R/J1+()))* †,'(:%$?QF'/)))6,81R81X5)))C +F',8()))3 d#K())))?(CF(01WB))?
#).R;<N O315)3 XR'B*1'BS(I1WR;.(01(K1+B*1Œ†QF(J1(:?(¢1R81X5C1+F',8(31WBK,[$%:6(*
7()))))= R8+5))))C #.BK,4())))c(M1,'(%-$%))))f(31'/S())))=(31a%K5<0'B))))0 ŒW,8,81WBK())))I
Œ#K5<0'B01+,F(3(M(.1d+BS(IF(31+,F(3(M(.15I1o(-31XBmE%*1L531(IR'(K1Œ†Gr50,8
B:))9$%=1())K ())).BK,'RF8'/_1()&5I1+FB)K F()= tWBK,4F()3 ,@)3 +()3FP41#.B)S[_1'FB)K
#.BSF()))_ [)))$?q1())).'(K,8 #0()))K W'/IB=())). WR;?()))S(M1WB)))? W'B))))6'B*(.17())= 'R'())I
H,','(.BK'/&
+@)A$?F1'BS()<31():?(K+,81+()KP@31'()* G)N O31 Ž$%&1(IR'(K12#.R4,818R4B*(31X5C15I
†(%01X5C
5))I ())?B*1H,/%N
MB))SR81X5))C +5:)6(*1F()6 +@). ()?R/J1o()<$%=(S4R'1()Er1,;.,'()*(3
W'/))3 8R4B)* #I()?R;.(3(M1()K i()K p;.()= HH†#N MB)¯R81X()K,@.1,'/3()= X,'()* #_B)S
Hh<$?FQP8,81WB?5C1#I(?+4(SR'8
G)3 +B)Z%.B31T,'/)3 XFB)J4F1 U(?#I(?R;.(31£1(M1o#$%N O31#$%&1(%.1˜.[J1,'(?‚(31RFR4
HL'/318R4B*1R81+'B<$%&(M1(K1R;3QFBY1(:6(3(S'(*1X8F(J
X5C1#:E?'(31BY'(*1#$%<317(=1U(?1(&R[C1'(KB01X5C1#E_(.1531#.R/I,81(?B*
()):%A31#)).R/I,81())?B*1HH†#))3 7R41R81e.B))K,',8[K1F()6(31de?()K,',4F(31>$%IRF/:)6,8
 ./0123$45,+67 ’…
B%.())))I(31P[))))S #:)))))6RQF(31HH†X5)))C #)))E_(.(M1h$%:)))6(N
M5I1dX5)))C #)))E_(.1+F,'8R8
+5))C #))E_(.(M1h$%:))6(N M5I1'F,'8R81())3 #I())?''8[K(K1R81>$%)))6(K17()J(M1,'():$%<$%¯
Π(KB<)6[I1'[?()6 #-$?FB)K +Rg[)-$%I1 ,'(*1t,'B.1+8B%<31+5C1+(?B6B?1'(*1+(?B6(M
'()* +().'/b1Th<$%r()I,81G)I R81WB)§B*1#?B)f531/$%.()3 WBK,FB:61+(<f(01'(31F(=
,'(?#I(?BKBI1#.B:E‡r'41d#?B%.(I1#?Bf531(:$?Fx$?'B=,81\(P[S
+FR8F())3 e)6,8(.1B:)9$%=1()-./012e%N M()S5K1+x)$%01FR4B)* ,'():?'BS1B%.()I(3(K15)I
HH#))A31X(K())f R81X()))?#?B%.(I1'()M >)$?qPF1G)3,81Lw()3 HH#)9?'Rg[3R/%=(.1d#I()?R4B*
dp@)))JB.1G)))& X5)))C D)))%=1dG)))SQF,8R81e)))f(K(.'/3#?B35C(M1d#))))3,81LF()). BY'())*
+())K(?#I(?B.4(S1HH()K ,',F()3 ():$?81,qPF1'()* Œ^LB%.()I dUB)I h)S B:)E$%*$ #)<$%M'/=,8
N1XR'B)I TG-)6PF(N
k M(=1 ,'(:$%A31ef(K(?#I(?B-VJ1dB-31R81U(I(M1e$%KFBf'B01X5C
k1R81e)S,81 F(3(M1X(K(.B9K17(=1(-./01T+4F(O317(=1X5C1#.B9K17(=1#6[I(M1G3
N
H^^(N
MBI(31>$%:f'/S(=``1o#$%NM,81d#<$?x%r,81B6'(*1HHF(<$%r5I1#?BSFBI1(:$%3,8
'())* F()J(*15)C T#):$%.8[31'B.()M +BS()I(31()?(=1>$%)fPF(&1d45)6 R8B%.()I #)6(K(M
5)I (?B*1Hq/K5C1(:$%3,81dp81+5C1#I(r,F,81R'(*1XB=(.1(KB%.(I1#I(r,F,81(M(J456
†­f/K1#.R'BI1(:?,;31e6,8(K1+,8BSB*
de)))?'/31FB)0B.1GIBKF()= HH#).R4,81^#)<%31U/)6`1+()f'1+B).BS1()?B*1ŒL5)C #KB)K
Th)$%.,8R81eK'/)6 ()3(K1,'():?(-31 (.B6(K1'(M1X5C1#r(=1(.RF,'F(&8R81'/31eK,F(J
Œ†h3,81W501dU(?,4R;.(*1£1BI1e.BK,FR4B*1(?B*
WB))%rF1\5))I ',/)))?QF5J1WB)?RF'@31er()=F,81()-./01Tp'B). e)6(K1FP41+,FB)0 5)I
e$%Y()3 ','(:%I'(KF''81WB%$%M1WBfB&1,'(9$%&1(:?'/01WB%$%M1#:6RQF(31HH#<$?q''F',8
Hh3B.1\5C1e$%M1u%JF(=1(K1(?(S(*1F(3(M1F(=1TW'/:9$%=
R81WBK()<JF41'B0()M #$%9-317(= ,'(.B?F(6(31\,;.(01T+'/I'(K1WR'(*1F''q15I
()N
M(&1F()6(31+()?R[3BK1'()* +,;)<$%=1i()K ,'()-N M(C1'()* +‚()3 H,'():%3,81 U'/V31Š&
H(%.1N
BI1+R4,QF (:$%M/C,81,'(.RF'(=
'()))<S1+R',QF T,/)?g[31L5)C +wB3()3 L,/)$%*1#S(:)6 o()K #)$%N
O31()-N
M(C1'()3 (:)E?'G&
Hp[KB)). '()))I(z,41#-$?FB)K G)3 UB<S(:)6 L,'().R81Lw,'1()K ,'()*F(3(M1T()?,/$%*1hK()M
TU(?,[$%:)))6(*1():%A31p'():315)I ()K Lw()3 HH@J()f5J1().[J,81L(:)6 dn).R/I1()K(-N M(C
 ’’ !"#$%&'$()*+,*-
()))K \()))).R'(*1F())6 5))3 X()).B.(I1HH+())-31()).R',QF e.BK())%KB.''QF (-))9%I1(:))E?'G&
WR'()* (-./01T+u$?FBm31WBK,4R/C8R81'4B6FBK(M1ef5C1G3,81H­.RF(AS(:61#-?F(C
LBž,F()6 HG)<318B)%<31 +5C1531;<6(&1#-$?FBKB*1(-$%6(KF(=1#<%6R'17(=(M1WB?4(c
Hp'B.1\5C1WB?4R/C1(KBI1WR'(*
G3B-M(). ,'(?#)9$%&1+()6(K1'()* ()-./01 Œ(3B?F'1u$?FB&5C1#I(?B-O%_B6(M1WBE?8
+FB))? dW;.B)6@J17()= [JB*()M WB)?4R'1R81>$%<$?/)f '/S()=(M1WBK(-O%_B)6 H,FB)?8RQF#$%I
H#I(%.8[KG&
F())= ^8[)))¤<©R`14R/)C B%.()I ()-./01T+[Z3R8G)& R8#:)E?'(f5C(M1+()K(.1WB)E?8
#IB3()M i()K p;.()= HB)K,81x)$?F81 531+(r'(I1#:6,81R[$%C1BZ31G&1R8BZ$?F(M1#-$%6(K
H+(-3@J1N k1WB%K'/.g[01(:E?/$%&1W(-31x$?F81531WB‡%:E?'(f5C1#:6,81+,'(*
+,'()* HH^X5)C`1()M (?#:?[31#3,81#f'/I(K hSq'81h?[I1,;<=(61Œ(.Ru31\,'(*
H(I5C1+^j_(.`1F(=1+'/I[JR8N k1+5C1R817(Z.(Y1',FBÁS(M
'()* B:)E$%*1HX5)C #)IR41():$%.(?(J1e)3 #I'R8F()mN M(=1 531ŽK(?(Z$?F1ŒB%.(I1/KBI1+(*
F()= BY'()* H,FB3()M d>)$?F1()?R81 X(K(.B:?(f1X'(c1#S,8F(3(M1deS,8F(3(M1+(?BZ$?F
'[_B)))K d78''81de$%))))f dFB))K'8BY1diB.()).5C1()):%3,81X5C())3 \())3 ,'B:))E$%*1())M
d#$%))6@J(.17())=BI1())-./012#$%I'/))E31,'())I5C1+g[J()))3 #)3 +4RQF (:)E?'G&1H,FR'B)*
H,'(:%A31,4BI1p/MB.1X531a$%S(N M5C1(:$%3(.
X'())))c(M15))))I F())))3(I,'/I[J1XFBJ8F,'F())))& +())))Z$?F15)))I Œ()))KB%.(I1()))6(K1+()))*
T5)))I Œ^B%.()))I`1+()))* H#)))$%.17()))= X5)))C 5)))3 >))))$?;.,'R/C1+pQF())J,81R81X(K(.B:?())f
#<))f(0(31())IR'(K1Π#))I5C1#)))E_(.1#|)fB*1#0()K TR8$+FQ (|)fB*1F()6(31#)-$?FR/A$?F
H+(K,81U'/61X5C1#E_(.1WB|fB*1#<%31U'/6
#:)E?'(f5C1#)_‚1()%.1#)f53HH()<%31 U'/61(-./012G<$%|N M/¢1#I(%K,F(J1“fB*
HG38[K(.1G&1#:6,81,'(?(K(:E?'(f5C1#.8[K1U'/61(MBI1R;31N k
e$?FQ'B)= B)3 2,8()SF(31X5)C +B)Z$?F1pFR/)C ,FPg[)3 B)I5C1 +@J(f5J(31ŒL5C1#KBK
()))K +,'()))M F()))3 T+PQF,81d+PQF,81F()))= 5)))I HWB)))<$%=R81d#:)))E?'(f5C(M1G))3 #)):?[3
Hp[Z317(=1e<$?/f1,',q5M,q5M1d#6F/r(31^+F,'F(&8R8`
 ./0123$45,+67 ’
,'())S5C1#-)))E$%S[_(31ŒL5)C #KB)K BY'()* H,',F,;3B)3 R81X(K(?+@J()f5J1+‚()3
R8'()* +()K(.'/0R;$%I(M1 dGV31R;$%I1>$%K(?1L(K,814(c1B=,'1hS1(-./012L(K,81e$?QF(3
HGA31e6'F81'B9K7(=1'wB31R8'(*1F(6(31#-$%K(?
#X/J1+R'B*1RFR4

!f5!]@g3&NG

[$?q()))M e)))%01,'()))* †,'(:?FB)))f,81X5)))C R8'()))f ())))-?FBI(M1#))0531ŒRFR41pF())*``

HH†,'R81B.(& ,'(:.BK(OY
#:)6P81 pF(*1†,''8[KR;?(&1eK(?R'B61WB?1HH,'/I'(K1e6,8,'1X(<%ž(J1(?R/J
H^^†U(?‚1£1(:?(K,8''F1R8pQF,48(31ŒWB&R[C1'B%&
,'(*1T,'/I'(K1d(?(<%ž(J1(‡$%&1+,'(*1ŒL5C1#KBK1#:6RQF(31o,'(?R81#Sw,'1RFR4
R'B))6 #))N
MR;<S1U,'1F()))= ()?R8[K(.1Ž<CB)S,81de)$%31HH,FB)6‚1+()M5-V31#K()?^#:)6RF`
H8[K,81+FR'B=1L,8(3g[&
2,'())-$%.q,@&1#I'/M())3 '/)))3 µ'/)M TŽ:)9?PQF,81B%.()I(31,FR/)$%*1'()S,81Pg[S()* R'()*
o#I/J1'4RF1(I'(K1B‡K(I(M
X()))A?BI1B:))E$%*BI1Lw())3 Th?'/IB))= ())Er(31R8RFR417())J(M1X,[_B))* +())‡$%*1FB))Y FP4
Œh?'8[K(.1531#K(?(Er1X,[_B*(3
HB-31WR'B%&1531(Er1B%.(I1,'(I,[_B*1+,FB3(Mt'B%&1(:E?'G&1oX/J Ž$%&
()))-./01+()))-315)))3 L()))Er1WR',QF d>)))$?F1,'())).BI,[_B*1+,FB3())))M #)).R/I,8to#))I/J
H,'(<<$%SB.1R81Ž<?,4(M1e.BK(Er1dLR81hI'(K1U(&1#.(S(I(M
toX/J1Ž$%&1'8[K17'/Ar1L(.q,@&1+B-I
())KBI1a?'())* T())?(=1#-$%O%OK()))KBI1\()N M(I(S1'()* T()-$%N
M(I(S1()?(=1R;.q()M #0()=
H,^^W'/31i'B*``1+(f'
#)0 ():$%3,81 X,[_B*1+(*1Lw(31HH(?(N MPF1a%.q1#:6(3(S1'(K(?5=1(KBI1Wq1531'B%&
())S(*t+FB))? d#)))6[I(S1(<:)EC5C1o()K,F(J1#:)f''81(<%r(:)6RF1+'B)%&1HH†'B)%&15)3
H(?+FB?1h?ŠKB.F(I(C1a?'(*1dX,[_B*1+(N M(-NM(K1F(61(IBC,81'B%&(K1(?(:f'(*
 ’ˆ !"#$%&'$()*+,*-
+;)%*1 HHG3‚(M1+'B%&(K1,'/31e6'F81,'(*1531a%.q1','/3;?F(_B*1˜.(Y1531'B%&
+(K(?#<?@))f XB))KB.1U())?,/%S1#O?())S a?F,'BZ.())Y T(?#I(?B:$%))f ,'()))* +()Z–$%3
'wB)I BI,[_B*1h?[I1h?@f(M1(-./01T(I,[_B*(M1+4(c(K1(?,'(*1F(3(M1HHG31R8#?BI5K(M
Œ+x$%0,8
'B))%&1Lw())3 HHB))JB.1#))$%I1())?,4R;.(*1'())3 'B))%&1TB))J,;$%I17R;<S())M X,[_B))* +,;))<$%=
>)$%N
MR;<S1R8(<%r(:)6RF1#-$?'B)%&1'/S()=(M1HHX,[_B)* /K,'BI1,Š-?u.1,'(N MR;<S1+'/C(M
7R;))<S1#<%<-))9&1()).'(-31WB))I,[_B*B31())IR'(K1H()))?+FB?(M1+4()c ','R81FB)f(c1+5)C
HR8'B%&(M
WR'QF,'B01#.By%Y1#?RuKB&1iB‡N
M(*1U,'1TG31,u%KB&1+(-VJ1#K(?+FB?1X,[_B*1B3
,4F())3 ,[$%:)))6(*1R85)I #:)E?'(f5C(M1B)3 ŒX,[_B)* +()* HH,'()IR;31>)9%I1R;)$%I1+'R[)K
toB-31FR'B=15I1+''4,FB*1'4(c1B31HHG<$%:E3g[J
,'())?#I(?R4B*(31R;I(K(<:)))E?'(f5C1()MB31T,'()S(C,81().By%Y1L()* 5)3 wB)3 #)P[S
X5)C #.B)%1HHG)<$?q''F',81i[)I B:N M8()M +()6(K'(*1 F(61(:%I/K17(=1d#31FR81U(0
HH())6B<_,F(f1L()))K #K()?,8RQFBI1a%I,[_B)* ,;.()0F(=1HHe?F'/)6''QF +BJB.()& ,F()-3
G)))<$%=,81F())6(31Nk1XR'1())?,'/C1'())* R85))I #:))E?'(f5C(M1°,F())f G))3G.501F())=
5))3 BY'()* HHX(K#I(?B:)E?'(f5C1#IR4()M G)3 Š)& X(K(?#I(?B:)E?'(f5C1+()N M(SBS
H,'(:%3B.1QF5f1L,''81#.B?B&
()))M œ)6 'B)%&1TB)3 G<$%:)6,81Ÿ)I 'B?F()6(31G)3,817R41X,[_B)* )E?'(f5C1G)IBK
'/S())=(31#.B))3F/r1R8s(K(<:))E?/f5C1'B<$%&())M X,[_B)))* ()-./012,'()IB-31()K(I,[_B*
HG<$%f,',8R81>$%:f1'/S(=1#C[.1#:E?'(f5C1F(A.RF(31RQF'(*1+'B0(M1'R8,81>$%:f
'B)%&1#)N
M81F()J(*1()-./012R;)3‚1Nk +5)C 'B)%&1G)3,81 UB<3,4(•1X,[_B*1R8(IBK '(MB3
H,QF(f1+(6531a%I,[_B*1#N M81R'(*1G31#r,F1781+(653
h)6B*1+()I/J1()M ()K(Sw,'1†,'()IBK,81G)K +''QF ',F()3 +5C1+(<%K1dªF1X,[_B*
5)I ()-./01Tp'B). µ,FB)0 dL(KB.1N k1X4(c1#:6RQF(3``1oGN M,81a$%KRQF +u$%=(31(K1(?R8
^^,'(:%:6(31#31#9$%K,81+RQF +,'(*1(%.R;$%I1ef5I'(*1#K(?,4'1d#9$%KRQF
,'RŠ)6(31 X,[_B*1+F,'(:C(31Lw(31HH,'(?5C1#:E?'(31,'RŠ6(31'B%&1#?FB%:C(3
H,','B%&1#:E?'(3
 ./0123$45,+67 ‘
+;)%*``1oG)N M,81'/)3 +(K(<:)E?/f5C1#S(YF()6 #‡)E%M(I1 X,[_B*(K1R8(M(c1'(M
H^^,'BEC,QF1'(N OSBK1WBy%Y
())-./012B)-3'B01+5)C +FB)K''QF F()6(M1#.BK()?#?w/r1dG)3 {SG)& X,[_B)* G)3,8
#.BK(M5&()f tB)3 '()-$?'B*1+''QF F()6 'B).5J1 oGN O35I1HH,FBK''QF F(6(M1X,[_B*1#.B%J
())?5I1'()))* #)?w/r1'B)%&1#.B)%J1R81XB)K WBS()=(M1HHB)K,81$#)& WB)%?4R'1'R81U()? ()3 R8()*
Lw()3 B)K,81'B)%&1+u$%=()3 e)6(=1X,[_B)* HHG)<$%K[.,81'R8()* 5&(f1R8+5C1#<3G3(M
HBJB.1#$%I1u%JF(=
o#I/J1(.x$?@&1BY'(*
5)3 WB)%$?/J1WBK()6,F'(.1()VK1W,'()* #.B?B)f ()K 8[)K iB)3 #f5C1FP41#:f1RFR4
G3(). a%-$%S()K dG)NM,81e)6RF1,'().B.q1+,FB3()M RFR4()K (f,F(S(61#-$%:f1HW[$?;3RQF
+FB3F,8())M(K1GAIB=()). ,','())M RFR41+()).B-$%&1(.B))9%.1L())* #))$%N
O315)))I Œ()%.1WB?R4,FB)f
Œ†G3(•,8(r1'FR85C1(%.1>$%:f1R81X,[_B*
Œ,[Z31531Ž$?/J1RFR41\B:E$%*
\,'()))* F())))3(M1TL())C,8F,815))3 X())-VJ1#K(%:))6RF1RQF X(.B))Er1L())* #:))fR8B&(M
e))S,81;)./I1d()N O$%=RF15)3 Ž)$?/J1\5)I 2L()-31R[-)fB*1X5)3 p@)JB.1Ž)$%M1,@)&R81()S'/3(K
HG3,'(I1FR4(M1+,x%r1(?(M5-V31(?#:6RQF '(*1Ž-f(31(.1T(¢R8
ΠGNO31(?(N
M(-VJ1(?#:6RF1'(*1Œ(K(I,[_B*1+,8B*1oµ/J
o'/31(K(.x$?@&1+(I/J1\(S(*
H^^G0(.1@3(M1eN M'/f1X,[_B*1+‚1(:?'/01GIBK1F(=``
#X/J1+R'B*1RFR4

!@":B834G#+[

,'/3B)). #)N
M5r1dX'()K N k1+'()C R81>$?@ž()= FR81h3()M RFR41R8BSF()J FP41#-$?qPF()M
+'B)))0 d8[))))K +FR'B))= d+QF())&RF1,',FR4B*())3 TR8,'())%$%&1dXB))= >$?FB))S H#.R'B))0 WB))3
oX/J1#$%&1\RFR41TR'g[3(K1R81#V$%&1a?'(*1HŸr(017(=1(K,FBS(M
 ] !"#$%&'$()*+,*-
\5)I ',F()3(M1LF''81#-$%.R'FB)K (-./012Ž<$%=,81GY(31e6B&/6BI1PQF(S1pFBY``
H^^,'(S8[K1XFR;$%31R8+5C1#IBK(M
+()K,[=,q1d()-?u.1 X(K(:f(J1/-N M(3``1o,'(?R81#Sw,'1,',uK1#-$%Z.,8(31(K,FBS
H^^(?,;<f/K1a%<S
Tp81F,8q()))* #I()))r,F,81FB)))S +[))=,q1#))0531toX/))J #))$%&1dG))IB=1#K())?,u31RFR4
()))%.1e))))f,;<$%=1T#.FB))0B.15))I ())-./01T,'())S,81X,81dX())K,[=,q1,'())* Πpq/))K#3
HhS(3 #9C(3#3
H,'(:$%E%OS17(=1+(K(<?[31dG<$%N MB®31RFR41#OS(M1+5C1+uCRF1(K,FBS
#3,8(*1+B.BS1WB%I/J1a%.R'(*1H,'(?Rg[$%J1#.BK,;?[S1531+,'R8''F'(*1RFR41>$?qPF
L'';)).RQF4 WB))?'B.1W4R/))C8R81'4B))6 FB))K ()).R'(*1o,'()).R81#))Sw,'1†())%01()))KP@01L()*
HGž/JB.1R8(.B?BS(<31'(*1U(I(M1Žf(K(KP@01TšBK(%3,8(*1BS(<31+F(<$%C''QF(K
R81U()))I(M1()KB0(31+()&R[C1#$?F()6(31F()6 T,'()<Sq'81#)f'/I(31'/)3 WB:)f'/I(K
W50()K o,'().(-3B<%3BI1 +531/-N M(31T,'(:$%3,81U/V31‚(M1+5C1,FBK'(31(-./012W(K(S
ª,F1dW()))K(.1U'/)))6 i()))K ())).R/YR'1,/)))$%*15)))3 HH,''8[)))K R8,/)))$%*17())))J(M1#-$?FB))K
T,'()).'/31#<?[_()). dX,[_())). +''QF',QF()3 F()J(*1HW,;)3 WB)9%&1WB)I5C1\(.R'B:)6(=
4R'1BI'B=1\,/$%*1(f5C1Ž$%&12,'(<9C(A31X(K,F(31'QF(_1\,/$%*1G3B.14B6,'(31Ž¤?(K
+FBZ.,F()3 +5C1+,;<$%=1R[KN k WBI,F'(J1#-$%S(:61F(J(*1Hh<$%=(.1WBI5C1#<?[_(.(M
>$%.()))‹81D)))%=1())))-./01HW())¢ 7())J,F1#))9%S(:6 ,8F'1n))<$%&1]…','())<A31FB-S(:))6
()K #:)f 5)3 'BK,81£(K1{S1L(:61531B%.(I1(K1(%.1h?[fB.1(6(K1'(*1#.(‹81+,;<$%=
de6RF(31(?#.BEK(?1R8+5C(M1#.BEK(?(31L(:6'F'(Y1#.'/31\(3R81HG3B.1£(K1{S
B)-3'';.BS1#-N
M()C +FBAS(:)6(31G).R/:31G)6(K1†,/)%.R41 WBI,'(*1F(31'(S(M1B?B*1TR',QF
HG31L(:61+F(31,FB31a?'(*1(:E?'G&

^±H8`1BE%}1#<?81#:fB*1d#?,4(31#I(?B*1#0F(3F(31(?R/J1TBK,81R4B*1+5C1(9:$%.1R8,[$%M1 ]…
R8;.()3 WBS(=(M1dR8,[$%MB*1(K1,/%.R4(.1+5C(31D%=1R81+(?#<?8$#31#_‚1L(M1Lw(31HH,'(IR8,8
ŒR84P@&1#I(S¬E%*1#f5K(31,'(IP8[K1+F(6d+F/C(31,'(IP8[K1+(K(E?F
!/V(-
 ./0123$45,+67 
\,'())* H#I())?(KB01#S())K ,F())= +‚1,'())* $#))3 h$%:)))6(N M5I1>$%S()K €P[)S F()J(*
#):?[31WBI,'(.;.()6 ª()= F()J(*1HG<$%y)3(N M5I(M14R'1FBAS(:)6 ()K ()%.1 (.BP[S1#-$?FBK
X,[_())). h))))S R'())* tW())K +,81FB))Kx$?F81e))6,8(31F())ASRF(31R',QF())3 +,FBK'())M G3()).
'()M ,[)I ,8RuCB)Y,'1+5)C #)E_(.1 (IR;317B&1(N M(=1#6(K1HL(K,81WBI,'(.;.(6(N M5I(M
R81\())=P[J1'()M H().R'(*1#.()?‚(M1#:)6RQF ()K W,8,8QFB)Y R81>$%IBK'/S()=(M1+(.B)6(K
()K \(.B)6(K1'()* HŸ). X'(01dŸ:6RF1+,8/MB*1#:6RQF(31(K1W(.B6(K1'(*1Ž:6(3(S
HHW(KB.R'B*1TW^^#?FR81WB%J``
+'B0()))M ()-./012()K,F(J(.1L,/)$%*1+,g[)6 '8FB)6 ()?+F,'F(&8R81'()* +,FB)0 hS
H,'';.RQF()&F,81#Z<)6 ,'(?(K,[$%)9v1+(-)E?[31d+5)C ()3 q/-31TR81WB:.BK,F,'8R8
())))?p/K(M1'())))?(SBK1WB)))))? †p'()))K,8F,81#)))f'(CG31R8+F,'F()))& 8R81LB)))K +'B0()))M
HH†8F(J1G31#?F,'F(&8R8
/-N M()3 HHR8175K()3 G)3R81+Ru)6 #.B)K,F5Y1 B%.(I1U(. W(¢1e6,81L(.B%1'(*1,/$%*
HWBf1F(61(<A:EC1R817(J(M1#9%.BK(.R'BI1'/S(=
'()* F()6(31Ž)K/c1 /K,'BI1TBK,81WR'/S(=1+(.BKB&(K1W(¢1e6,81L5I'(*1#-$?8R8
()K +,'()M LPg[)3 [IF''81p'(.BI,81B?B*1HG3,81+F(31Ru6'QF,'B31#0(K1{S1R;31R8(P[S
#:))E?'(f5C1()):$%3,81#I())?BP[S15))3 PF81+8/C())K L,;))3 5))3 WB)))IQFBY1BY'()* Tµ/)J
H(?,'(.B.18R8(M1+4(c1R8(6(K'(*1#.''F,8(M
W5))0 HH†Ž<$%m))6(V318R81,'(‹45))6 781'/S())=(31())?(=1R81h)))S +,4'()M ()?B*1Lw()3
()))IR'(K1HH†>$%_B)))S W,'B))))C '/S())= e))6,81())S,;31°B))S +())?,8RF'(*1())S(Z31šR/))I,8
HŽ9C(A31#&1WB%S5C1QF(S(M1+(K(?#I(A?BI1(_BS(K1Ž<$%=,84R'1,;.,'(*(3
,'():$%V31+@3()M ()%.1 R8+B.R/I(M1(-./012Wu$?FBm31WBI5C1^B%.(I`1#S(:E6(M1[IR'8
B-34()c G)K T(?(N M'/r1,@31'(*1F(=1o^B%.(I`1HB-31L(:61+QF5J/N MB*1WBK,FB-S(:617(J(M
G))K ())K,@31+,'())<31#)))<31(:)9?(J1()K,8F(3(K1Lw()3 HR;)3 $sg[)_ $#)I #-$?8F()3 G).R/I,8
†,'(:$%<$%y31+F,81G.R/I,8
+FBS‚()& R[$%)C R'()* 8[)K WB:)9%K'/61 F(=(K W(-31U'/61t8[¤<S! B%.(I1W(K(.
HWq/K#31dG.,;3
#X'/J1+R'B*1RFR4
 ! !"#$%&'$()*+,*-

!@+F34V!@h!]U"EF[

5)))I o,'())):.B%J1#))))?w'/r1())‡V3BI1L())K,81N
k1e%I())A?BI1#-$?FB%))6[&1Œ1L5))C #KB))K
'())* 5))I G)))N
O31Ž)$%&1Lw()3 HH†#3()= e)N
MR;<S1dWq1#)9?4R/C1()IR'B*1,'():.(S(I1+BI,F()6
F()6(31+'/I'(KF()6 d7R415)I ()?B*1HH†G3()= X()?+4R/C1()IR'B*1'()* #_BS(K1+,'B%&
,FB)))KB*1+[JRF())6(31e))6,8,'1d#)):I5C1#.BK(:))6(=1+,;.BSF())_ 'R81X5))C #))E_(.
HH†#:.BK,;<6(&
#‡%3/)))))6[I1WB)))? HH>$%N
M,qB)))* #)))6,'(=1()))M ()))?#:?[31X()))K(?+4R/C1()))IR'B*1WB)))?
H,'(?#E_(.1d+5C1WR/$%.1(:$%AI'(K1#K5KB.1(-$%6(K1#.B9$?F(&1WB?1HH†(K(?B%.(I
W'/3,',4B)I`1+()6BI1,'(:?4R[_F()6 dhI'(KF(6(3(K1L(K,81N k1XR'R81L5C(31\(3
#:)6B*1F''q()M G)3,81#)$%.,81WB%N M()= +().RF(-?(&1d()?B&1'()* ()-./01 T+(-31^7R;<S(3
())r'(I1B))I ,'()):$%&1+())ž(&1())N M(K(M1pF())* o,'()))¯,81X''QF',F()3 BY'()* HHh3,'()I5C
Π#<$%y31GY(31,FBK1'(*1BI1#N M5I1d;./I1XF(6
531(IF(6(M1/-N M(31HH+(A31,'(9$%&1531X5C1+(0(<3(K1(%.,'(*1F(=1B%.(I15I1+FBK
(:)6(3(S1L()* 5)3 R81WB)<$%=1Wq1+()<%S,4(M1X(K()9%*B31()IR'(K1T+()¢ +F(6wB31,F(=
H+8(:$%3
+F()='(J(M1'()* +F()='(J1()K +()¢ X5)C e)6,81>$?F‚/)f(M1 XF(6(M1(:E?/$%&
$#))3 U())?(CF(01','())<I''u31L())K(?1(<:))fQFR81F()))='(J1'()* B)3 HG)3 [IxKB)& 5)I #)f(M
H#<$%|N
M/¢1F(<$%=R81#6(K1(IF(6(M1(IR'(K1HH,'(:$?QF/E31R81+5C1+F,'(I1+F',8(3
R81>$%))6(K1+8B))%<31+'B<$%&())M (:)))6R/C1''81#)<I[J1U()? WB)<$%=1Wq1R81h)S +'B3()M
,;.()3 d()-$?u$?F1+QF5J/N MB)* WB)<$%=1Wq1()IR'(K1 TG3[I1wB31+5C1#.'/3(=1#.BK(?5=(M(K
H,'(?,8R@*1de6R/C1'(*1#<I[Ju$?F1(3
WBK,FR'())M ()SB_(.(K1+(:)f '()* Lw()3 HHG)3 e.B)<$%=1Wq1+(<%:)6RF1+B)IR'1()S(*1B)3
F())= ŒL(‡%))6RF(61R8#)).8[K1iB3())M h))S '())-$?FBK1TWB)))<$%=1Wq1h)$%NM,81#)$%&1^^d¬)C8``
oŽ$%N
M,81N
k1+,;.(S(*
 ./0123$45,+67 "
HHW())))K,81#))f(31B)).B?5C1F())6(31WR'81d^#))O%M,41WB))%J`1())M ())?#:?[31,FB))K '())*t
#)))).R''81'(?(.B))))f,F1,FB))))0 #-$%I,4())))M HHW4'()))))J,81R;)))%$%I1WR''81'()))K(?1#C5N
M()))&
())K h))$%.,8R81U(?(:))6(31>$%I())3 ()).B<$%=1Wq1,F5))Y '()))* WBK,FR'()M Lw()3 HH,'()I5I[JR8
H,'R81#?[J1WB§B*
k1#I())_F,81'().BK,FR'(M1d#)K,'‚1#.B)§B*1()K ›B). +4RQF ().B§B*1,F5)Y '()3 h)S
N
^WR''8`1#?B))34P@&15))3 ())K pg[))3 \,;)).,'R/C1'())* +R''81dpg[)))3 +R''81U,81HW/)?g[3
HW'';.B?(J(.1#K(?(31a?'(*1#0(K1,',F(3(:$?81,/$%9K(fB&(3
().B%r(=1dW()= 7R;)<S1FP4()K +B)* 2Ÿ.()-$%&1()IB¹BI(.1B)3 ,4F()I '(31#-$%.B<$%=1Wq
Œh?[Z31R81WB%K'B31d>?R81F(6(3
+B.BS()))M ()K ,'/:)9?(J1G)& +5)C #)f(31T,'B)<$%=1#).q1'(<%Z.()6 #-$?'B)%&1Ž):?8
G)))IBK12(.B„:$%)))f(31'/))))3 ''B0F())3(M1LB))%.81+81Ž?())K(.q1[IR'8())K Lw())3 HHB))Z31+',4
HR;31Ž_[M1+',41pFBY(31L(K,814(c1,'B<$%=1#Y'(J1#-$%.q1dŽ<%3,81ŸZ.(61#-$?'B%&
(:)))f +R'8()))3 dG))).QF8R81>$%:)))f '/S())))=(M1+5))C WBK()).R'(N
MB&1#<))f(0(31'())?(=
e)6,81():$%3,81+()K(.8[K'RF1#žB)SB*1G)0B.1G)& +,;.,'()* HG)3,81 {N$?'1R81WBK(:6RF
HWB<$%=1Wq1G.,81+'B.1d\(K''QF #K(?+FR/?;.(31oWB?HH¼N M(r1#-$?;.(3
#0()))K T,'()))I,'R8#Z.,81R81WB)))<$%=1Wq1+,'())).8[K1œ))))6 d+[JRQF5C())M (.B%))f(=
(.B%))f(=1HWB))<$%=1Wq1G)).,81#))9?'B.1'B))K,81¿R[))C +5))C #.B))?q1R81>))$?qPF1''())f(M
dpQF'/)))))6,8F,'1Nk +()))K,FBK1#0()))K #3,u%KB)))& +F5)))c U,'1()))-$?F(K,FBK1#N MR8'()))*
()))K,'B%&1()?R8+5C1#$%Y()M BY'()* Œ>)$%.q +F()K5.1()I531R[3B)K G).R4,81+5C()3,;.,'(*
HiG3[$?8'B.1X(¤61(:9?[_(3
'/))?81'())* '/))?81L())* #N
MB)))I/K1T'/3FB)?g[K1+81Ž%0F()= T#<-)9&1Ž-$%<$?/)f '/S()=
())IBJB.1LBž,F()))6 ().BS‚,41,F5Y'()* +FB)K Lw()3 HH+FB)3,81WR'B0()M +[K()S d8[)K,8
H,'(:$?FBf#31R8#.BK(OY1#-‡0(M1dpg[-31+5C1+(O%9&'(K(?F(=1+,'(*
()IBJ,81 ','(IR8,817(=1F(61B:?(&1B:?(&1'(?#:$%f1+,F5.1Ÿ(*1h$%N M,81#$%&1+,'(*
HWB:.BK()?#I(?BY'(J1+()<?R'81 (:$%3,81(K1WBI'BK[SR81',F'(J1#I(?BY'(J1dWB<$%=1Wq
(?R'/31(?,'(<IB=1R;$%&1#?,4(31'(*1'B%&1531Wq1#=1dWq1531'B%&1#:E?'(f5C1G-fBK
H,'(:$%f',81FR4B*(31+;.,'R/C1(I'/Y1(M(K
 l !"#$%&'$()*+,*-
WR/$%.()))M ()))-$%.'/31#N MB)))c +;)))-$%M1,',8B))?41#.())?‚(31(?#:))E?'(f5C1'())* Lw())3
())))M ())?#:?[31#:))E?'(f5C1h?Š))fB31oh)).Ru31F())J(*1HR87,qB))* ''81#:))6(.1de))6(=
#.B)))KBZ$?F1'(-$%N M(„)))f(S1\())))S(*1TŸ.())0RQF 'FR4B))* #.'/3F())3 G))I g[))J d+FB))-.RQF5J
())))))K ,',F())))))3 ())))))):$?81a)))))%-$?qPF1H,'()))))IBK,81UB))))).''F1R81WB:S,8F()))))3(M1W'/3wB)))))3
HWBI5C1#IR41+BJFR[r(M1[I1;<N O31'[IF''81#K(?(ZSRFB*1(IB-3''F1WB:%:E?'(f5C
5)= WBS()=F(3(M1 B:E$%*1TGI,'R81WB::6,81dÀ31#:E?'(f5C1+[$%_1h-?F(C1,FB?8
H(?(6BKF(61#|N O31(_(K1#$%NM,81F(=1Wx$%01+,81dW(K,8g[_1>$?'wBI
>$?'wB)))I R81WB)%1h?[IwB)3 #=()M X().B.(I1HHR81U(?#:)E?'(f5C1'/S()= +()6BK(M
HR81WBI''F(J(31W(K#31WFB0B.1'(?(=
'B<$%&()M d#<$?QF()&,8RQF R;$%I1WBIwB31#P[S1+(6BI(K1(?,'wBI1'(*1(S(*1ŒWBK(<$%=R8
Wq15)3 G)<31,/)$%& eN MB&1TB=,'B*1#:$?/<%I1F(J(*1Œ(MR[31BY'(*1HR8,8g[J1WB:%:$?/<%I1R8'(*
a%<SR'())* TXB-N M())= wB)))3 #)P[S1',F()3 @)I U,'1X()K(?1s;.()S''4,FB*1WB)? HHWB)<$%=
'()* #?B)34P@&1[)IR'81dL()K,81N k1X()?,8R@*1 de6R/C1'(*1#?B34P@&1,'(S5C1W(?‚(M
HL(K,81N
k1X(.B<$%=1Wq
#X/J1+R'B*1RFR4

!
!@:#"g(!U'V!Z#'[

h)))3,81²F()S ().R/Y(K1WB%)f(.R'(*HHWFP41W'()K,81R''81WB)?5C1#JF()S(M1+().R'(*
R'()))* TG.()?(Z3RF1()-N
M(C(3t²F()S 5)3 FB3()M #-$%IB)Kt>$%K()? dXB)= F()J(*1HWFP41F()=
R8+5)))C +,8R'())))M B))K,8[$%_1#-N
M())C RFR41HFR'B))= dXB))= ()).(K1+,81,'(?#SB))6F(6(3
Œ†+4R/¢1²F(S1R8#f5C1+,8R'(M1G31iB<.B?q1G31GK1(6(K1'(*1G3,81Lw(31HHW[¯
Œ†(?B.'/3(.1>?R8(M1F(=1WB?q1#.BK,FR'(M(K1'/3(.1ŠfB31(?B*
WB?(K(.8[S1531(ž(&1,'(?#Z.[J(31R/C1/-N M(C1W(-31pFBK1(.B%K,F(J1(.R'(*1Lw(3
Œ(N
M(0'/&1#0(K1#9$%K,817(=1+5C1WB-f(31\^(K'B.`1FP41HW[$?;3RF
 ./0123$45,+67 …
#-N M()))C H,'R8G)))& WB)))? #)))Z.[J,[_1T()))%01²F()))S +8B))))f h.R4B)). ())-./01()).R'(*
#NMR'()= R8''()S(M1 HWq(Y1h?[IFR84B.1#.R/C1a?B:61(<A31W501W'/3(.[$%_1\B:E$%*BI
,'())?#-$?F,;.B=1dXR'B)* '/S()=(3(K1+()JF(S1'()* HHš()?(J,8RF1$#)& WB)I4P@&1#JF()S
'R'())I +5))C +FB))K +())6(K1'())M #.())CHB))K,81a$%K;.()))S(K1WB)K,'';<?41#S(YF()6
WB%.BK(IR'B*1Thf,;.(SF(_,41'(*1+F',8(M1+(.R'(*1Hp[S,81,'(<I'(KF(6(31',''8[K
R'B*()K W()-3[$%_1WB)I5C1 oŽ$%N
M,81hS1HW,8,81WB%NMB&1TW'/31²F(S8Bf1',F(31WR8(N OZ<%J(M
WBK,'';<?4())K BK(.(:))f '())* #?B))34P@&1>$%))6(K1h)).Ru31\,'())* G)3,81Lw()3 HHW[)¯
H(%.R;$%I1#-$%<I'(KF(61D%=1+(K(.8[S1R'(*1,'R81WB%.8[K1'R'(I1#<$%N M(3
R8(JQF()))f(M(K1,',F()))3 ())):$?81()))).R'(*1#JF())S BY'())* Œ;<))6(&1#JF())S ())?(S(*1B))*
WR;.(SF(_,41+,'(*1LN ‚(31HH(.B9C(&1R8(K(.R;?(SF(6(31WB%f(K(.4(S1(.B%J1dW'(K,8
'B)))K,81a)))$%K1+5)))C 481U,'1()))K (.BI,'R/$%))))f (IB))6(JF(S1'())* th)).Ru31#K'/))6 ())3
H,'(9$%&1(:$?81'R[K(}B:%*1#K(?,;.BSF(_1#<f(0(3
,[))_ HH(Z.())f(r1,[))_ TL‚()):$%31dL())-31+'/SF())_ dL[)))$?x31#N
M()= L5C()K >$%JF()S``
Œ(.R/Y
#€P[S1531²F(S1+,8R'1HH(K1+FB?81L531Lw(3
Œ†,FB3(M1GIBK1£1T,FB3(M1GIBK1£
²F()S R81>$%_BI()M (:)E?'G&1 G3(=1#IR@S1d>$%:6(3(S1(IB-3''QF R81WB?q(M1>$%6(K
HG31FB3(M1+(K(:6(3(S1d#IR@S153(K1G314R/C
+F(-?(&1F(61(IB¢1j%61+(<%NM/J1(YBI1(f5CB.1#$%&1WB%.B.1Nku$?F1F(3(M1(-./0
H#.BJ,;<?41dWB?q
d())fB&1,','())<%.5=1R8'()))= L,8()3 tWBK,'().5=1j)?F/J1U,'1t()K,F(J1L(). h)S``
^^,'(‡A31\B&
(<I'(KF()6 d#:)6RF1#.B?B&()K +()?,4R;.(*1'()M WB%.()S(I1hN O$%=B). W(=R'1#.B6(K
()):$?'(K(.1#))).R881$#)3 #<?g[3F,8()3 ()fB3R'1$ƒ3BS(). R;)$%I1#).R881()K >)$%S,81HpQF()m31$#)I
(:)))E?'1G))))& h<I'(KF())6 +BS())I(31+()).R'(*1HWBK(?#:))6RF1#S(YF())6 +,'(<:))65r
F()6(M1WB)E?81TR8FB3()M #IBK()M /KBI1HHW(-31WR'B31#?4B.Bf(M1#?R'wBS1R8+5C#IBK(M
()f(01()M 4R'1WB)K,F5¢1#.R4()K €P[)S HW()-31 LRF1WB?5C1­9$%=1GY(31B%.81+F(./=
 ’ !"#$%&'$()*+,*-
(?#:)6RQF L()* a%-$%)6(K1HR8(). WB)9%&1+5)C #)E_(.1a?'()*B31 Th<$%=,81'(*1#E_(.
H,'(:$%O$%=1#31dpu$?FBm31+(K,F(31'F',81#.B%1G31\5C1,'(?‚(3(K1G.R4,8
R'81()))IBJ,81B)I HH,'():$%O$%=,81+5)C +(K(?#IB%)f[I1#:)f''[6(31/$%)6 U,'1()?(=
#))).5S1d+q[)))J dG))))9%.,817())= N k1+@))& #I())?R8F,41BY'())* TB))J,81'u?B))& +FB))JqPF
Hp[J,8R81+'B0/S,8
WB%))9%:$?@&1'()).B?(=1TpQF()))J,8178()M WB)%%:$?@&1,'()?#?RF(3(M1F()= i()K p;.()=
@))& R;.B))?q1+FB=())3(M1F()))= +81#)-$?g[31H^G)3,81@)& WB%)f5=`1()IR'1HHpQF()J,81\5=()M
F''81#-$?8())))S(*1B))))I R'())))* #)))):$?'‚1+QF/))))J ()))))IBZ31[)))IR''81>$%)))6(K Lw()))3 HHh)))3,8
Hpu$?FB&,81+(?#:$?'‚'(*
+‚()3 (:)E?'G&1 T,'R81Pg@_(31WB%.(S(I1dW'/3Rg[S/J1R81WB%.B?q(M1L''8F(S1p;.(=
HR81²F(S17(J(M1WBž/J15C1(.(Z31W(-31pFBK1(=P[J1'(*1,'(S(K
,'())9%.BK(|M(31d#))3,8175))S[K1R8 h?'B))= ()))M F()= TB)JB.1#)& d()?(=1,/)%S1p;.()=
()).'(-31W[$?'B). WB)?5C1#K5<)6[I1F()3(M1(.R'B)f,'R81,/)%S1,F5)Y '()* HH,'(:$%3,8QF5)f
#.q())3,/$%0(31WB))?5C1;))./I1Ž))<%3,81#-N M())C R8())).By%Y1L()M (<)f(01'()3B*1HH,',FR/)C
#)))0 BY'())* ΠBK()). 7())= N
k1WB%K())?(.(IF(_1#))$%N
O315))I HH,'';.B-))6PF(NM(=1,'()).B?5C
U,'1T','()9$%&1()<$%31R[$%)C #JF()S #.B)K,;.4BJ1B)3 H†pFR/)C (:$%&(I1+R81,'R8#$%M8F,8
B%.())I L5C())3 \())3 Lw())3 HHW())-31k'/))M dW,817())= >)))$%I1WB)?q1+FR8,@)& ()K'/N M,x$%J
h)I[JRQF15)C dLRFB)* +FB)Jq5SB*1()<$%OJ,81F()= a%.R'()* TŽ)<%3,81 ²F(S(:E61+,;.4BJ
HR8(?',4F(61L(*1#-$%I(K‚(_1'/S(=1+FB31[$?q(M
d#I()))?B.4(S1#)$%.¬‡OS1R8+',417()J(M1,'G&()I ()N MB31d¶)%.1()„%.(31p'().BI,81,/)$%*
H(SRFB*(31'[J5C1R81WB:K(I(M1>$?F1a?',41R'(*1ŒW(-31+[J5C
+;.(S5-))f ²F(S(:))E61()))3 #).RF,81#)<$%JuS1()K +()?#.Rº%}1'()* +(K(?#:)6RF
()))K ()))?R'1WB)))?QF,'B31;.()))3,41#K()))?(M(J1\B:))E$%*1H8[))S +5))C +,8R'())M F())3 W())K,8
H,'/3(.B6'/.,FB01#-$?'R8'F1BE%}1+(K(.'/31²F(S(.R/Y
#)N O$%_1U()I(M1 HHWB%?FBAI(_(C1d+(K(M(J1#-E$%S[_1(M1(Z–$%31+(?#.Rº%}1'(*1Lw(3
g[)))&/I/K1,'()))* F()))3(M1BY'()))* 2,/%.R4())). +()))-?8#01,'‚'())))3 WRF())J8R81dWR4B))6FBK
H,'RQF(JRg[$%I1#.BS(.1+''4,FB*
 ./0123$45,+67 
,[$%)_ R'()* ,'()?B¯1R81WRF()J8R81dWR4FB)K +F''81'RF''8()M dR81WB3B%3(M1F(J(*15C
H'/3,81a%<%.(-$%&1+[$%_1/-N M(31HH'/31ŸS,41#:E?'(f5C1,[$%_1dWB?q1#:E?'(f5C
F()))J(*15)))C H8[)))S R8+5)))C +,8R'1a$%&())))M Ê%))6(S(K1W())-31$ƒ))& LQF,'B))3 Œ())<?R[3
8[K,81+5C1#.BK,',g[?(&(M1#N M'/-.1R'(*1tR8B:E$%*(M1dhS1+(.(S(I1L(*1(I(?B:9?(Z3
d‰R81#.BK,F())3F(31()):$?'(-31X[))J,81+,'()))* +()JF(31'/)3,81,u%KB)& '[)$?/31\,;)<$%=
+()).B%1'())* d#?())J(.1'/))3,8R'1a))$%&1\,;))<$%=1Lw())3 TG)))3B=,QF WB)%$%M1d#.BK():?F(.
R'B)* T'/31+',4(M1#9?4(c(.1'/31>N M(C(M1+4(c(.1(?531TG:9?(J1+(.1(?R81#:$?'‚(M
]’
ŒR8(.1>$%M1+'B-f1#NMB31d,'(?BS1#6F/r(31+(K(.B%J
FBAI())))_(C1ŠS())K œSB))K +'B))%&12())%.1R8'‚())M ())?(=1R8'B%&())M +(?#I(?R'B))6 '())*
'()JF(S1#.B%)f(K1G).R4,8G&1()-./01 2,[IB.R/I(31R81­9?(J1GI1²F(S1dWB?q(MdG3,8
'B)K,8N
k1#)N
M'/-.1R'()* G3(). #-$%:)f #.;.B©()6 +B.R/I1F(J(*15C1T,8R4B*1R81²F(S(M
HG3,814B3F,81#$%M

#-)E$%S[_1dW/)3 ,;)?81L(:)6(K1,'/)3 ().R'(*1+F5Ë()C BE%}(K1G.,8,'(M$#&1RFR41R8,[$%M1 ]’

+;)))%*1HF()J8R81'4B)6FBK1,'B).'B.1WB?5C()K ,'/)3 ().R'(*1#)?QF/=1{S()M +B)JB*1HH,/%)6B.1k()J
(K(M())6(S1+F())6'RF(61L())3 #:)6(=1G.BI,'()* HH†G.R4#3()K p',81B)E%}(M1#)0 [IB?4()S(M
#))N
O%$ _'g[_1dWR'B))SR81#-))E$%S[_1#<?()))3(M1R81WB?q()M #I()?w(S5K1#K(?(M()6(S1D)%=12,''8[)K
HG0B.F,81WRu$%=(3
+5))C +()))K(:?F(.1d‰R8()M #)N M'/-.1dL()* #.()S(I17B)6 (I(?B:)9?(Z31B)E%}1e)E?'+,81RFR4
H(?B<:E?/31\5C1+',41d€P[S1','(?R;.R',g[31#E_(.1#N MB31d(?R8 [-3
R81WB)?q1+(M()6(S17()J(M1,'()9$%K1+''QF()M #I()?w(S5K1s(M()6(S(K1+,'()3 X,FB3()6`1()?B*
,'B)))%&1()))K +()))?,8RQF '()))* (I(./:)))9?(J1tW()))).BP[S1+4R/))C ())KB01+()).R'(*1^(?5C(3F())6
'()))).BP[S1#:))))E?'(f5C1+,FB))))3F,8 TGI(.'/:))))9?(J1()))K(?#3,F(}1,'B)))%&1'()))K(?#.Rº%}
ΠR81WB?q1+,'(.8[K1e6RQF 'B<$%&(M1W8[-:C(35C
k
N ,'()* #)_‚1()?(=1 +531B?B*1G<$?/.,81WB?RF1dBK,8FR8(<$?'1WB?q1#.BKBS(<31(9:$%.1R81>$%IBK(M
#0F()))= ())%.1,'())* +())* HH†,'())?BK1())I,'B<$%=1+5))C +(K(_())EM(_(M1+,4B))I #-$%:))f(K1R;))3
#)).8[K1N ()))= e)9&1HH†,''8FB). +F()AS(Á$%&15)3 R/C()K ,'/)I[JF,'1+()f'[61'()M #:$?'B)-$%&
UWU HŒ#.'/31Rg[S/J1+5=1(I,'/31(:f''[61'(*1#.''QF,'RF
 ˆ !"#$%&'$()*+,*-
HHG)))3 #K'/)))6(?BS1+',41d€P[))S F())6(M1WBI())K(.8[S1W())K(S1pFB))K ŒWB))%$?QF'B=
HL(K,817R/61#.B:%SRFB*1WB%J(M1'(-$%I(‡¨%.1\(S(*
'())3 F())= Tpx$?'By))3 +5)))C #-)9%IR'81R81WB:JF(S,F()6 #IBK()M WB:?;<)6(&1@)3B3
D%=())3 WB:JF()S B).,81HH+',41F()6 ():$?[$%.,81#KB).''F1R'81R8#.'/3B*()M F5)C +()Z.,F
\5)C WB):?',41h)S +[IB)C F()3(M1B)6'(*1dL[)¯ R'B)* p'()S,81h)S ŒWB%$?F'B=1HG0,8
TL'/)))))3 e)))6'F81#$%M()))K +()))?+',41'()))* F()))6 ,'()))‡$?QF(Z31p'()))S,81[)))IR'81HHp/)))3
H›,8'/6B*1L5C531R8'(*1#f,'B3(MBI
+5))C +()K,@I1R'()* \B:)E$%*1HH'/)3 #:)6(3(S1+(?(.B)9%.1'()* ,;.Br()I +,81RFR4
F(=1H(.B9%.1WBS(=1(.[Z31WBI@I1hS1+R'81\,/$%*1HH,'(:6(31+5C1+QF/J1dG:9?'B=
L'B)0 L()K,814()c +,;.,'()* He)9?'B=1L5)C +()<?g[$?41,@I()K '/31,/$%*1+[IBC1F(3(M
HŽ%.,'()K #-$%:)f #I,F4()}(31,;.,'()* TWx$?'B=,81WB:.BK(<?g[$?41,@I1\,/$%*1oG31+Nk
L()M +5)C #IB)KBI1HL[)Z3F,'1().(‹8'(M1#)f5CBI1 ,'(‡<$%S,81ŸS,41F(6(M1a%-$%S(K
HL(K,8N
k1WB:.8F'/31N
k +R'R81R81L(<I'(KR'8
#X/J1+R'B*1RFR4
!
!BEF19'(!%&EF?'G!#+5+/
]

#)NM81()9%S(=1 +,FBf'(*1HH8[K1^^U(N M(31BZ.BS`1+FBf(M1#?R'wBS1RFR41+,'(*1+R'8

B)I 8[K1WB%$?F(31#.R4,81'(*1+',g[$%&(31WB?5C1+(.B6(K1'(M1FP41#-$%N M(S5K1T'/31+‚(M
‚'())S(M1'()).RgºN
M(=1>))$%M1#IB)))K B:)E$%*1oh)I/J1#)$%&1RFR41BY'()* TB)Z$?F1+,/)%.1(<:)9?(J
+(K(-)6,8(K1 #9C(31G&1WB%-$?4BK,'1FR81d8[K1N k WB?'N ‚BS1a%.R'(*1HLPQF,81G.(I(3
R8+5)))C T'/)3 \5)C 781()?+FB?81L()3 RFR41HG)3wB* F5C()M >$?FB)S +()<$?'(31'/)3 g[$?4()M
oX/J1#.BK,;?[S(31'R8(K,4BK,'1F(6(3
HH()9%-N M(KG31 '(.(‡J,8(K1(%.,'(*1F(3(M1F(=1+(*1HH†(C[.(31g[$?41#0531oh$%N O31Ž$%&
†G))9C(3,81+5))C R81a%-$%IB))K '/S())=(M1T())?5C1F()))6(M1dŸZ.()6 R8,'(.B-)E?[3(M
h?[IwB))3 +B))‡$%=1())?,'(*1F()))3(M1WBK()C[.(31(:)f +()O& +QF()&'(*1(I,'/:)9?(J1g[$?4()K
 ./0123$45,+67 ˆ‘
g[))$?41#.;.()))6 ª'()f HHp81+()|?[31g[)$?41U,'1\,;<)9C(31+'B)0 HH(?+;<)6(&1dUB)&
H,'´61d#:fB*1+F(ASB?(&1R81WBK,FR;Z<f[&1/$%.(M
+(K()))fR/$%=1())))?#KB.''QF(31,8'/))6G31dW())‡J,81#-$%:))f(K +;<))6(&1h?[IwB))3
())))IBZ31()))).B%.1R81a%.BK,;<)))))6(&1,FB)))KB*1/$%.()))M HHG<$%:)))6,81ª'()))f ,'()))?5CQF(S(M
H,;<9C(31#I(?R;<6(&
+BS(I(31hS1U,'1\,/$%*1(?,'(.B:.BK,''4,FB*1'4(c1+‚(31Ž:6(=1#:6RQF(31ŒWRFB?
F()J(*1 T,'(<%f(31dŸ9C(31(.(-31WBI5C1#E_(.1p'(.BI,81TW,;<9C(31#I(?R;<6(&
HW,'()))).8[K5K1()))))<%ž(J +/)))<%I1()))?5312h)))0,81(O%)))9&1d²F/)))J ()))M(J(M1h3())).B=,'
R81WB)I5C1 +‚(31(.BIF',8(M1#0F(=1,/$%*1Th<%9C(31+'/<%I1(9%S(=1a%.BK(<%ž(J
U,'1WBI())<%ž(J1+(v(0F())6 H,'()).B:.''F,81())):$?[<31+'R'()I(31B)I TW()K,81#)9$%K
ŒBK,8,qB=1dGr(I,81tWBI,'(<%f(31WB%
2B3,81±[.(31#-$%:f '/S(=1531e6,81d>$?481(:$%3,81,;<9C(31#I,'BC(61#<%(*
HšR4,81UB&1dUB01#-$?FBK(31\(<:E?'5C1L(*
())):$%C''QF,8R81()K T()?#K5<0'B01d#<)6'(.1+'BI()3 #:)6F(&15C()M +81#)-$?F5Y
():$?QF5.,81,','B0()3 '()?+48(M1+'B)0 ()9%S(=1(-$%<:)E?'15)C HH,'(?QF5fF(61#N MB0
'FBS‚()& ():$?'(K,81FB)= #%)6[31 U,'12(f5C(.1#-$%<:E?'15C1\,'(*1T>$%:f1'/S(=
5)3 (9%S(=1HHG<$%Z.(6,81#N M(=d+[$%Sq,81a%.BK,4B.1W,'BC1#S,81/$%.1+'FB&1[IR'8
#)-$?8F,81#<:)ECF,81()6,'(=1 ,F5Y1'(*1HBK,81a$%K1+5C1WBK,;<9C(31#.R/CF(6
H(.By.(&1#I(?BSu.1+(ZN M(31'(?,'RFBf
H(.BK,FR81,8F,81(f(M1+'/C1d+4B3''4,FB*1(<:E?'15C1,F5Y1'(31d#:$?48(M1'B0
WB?[I/$?481,'(.,'/31Lu.1+8(*1†Ÿ$%<3R81>$%:f1'/S(=1+[I1/$?48(31>$%:f1£1Œ(<?R[3
h).R/I,81()?B*1'/3(). R;)$%I1 +,;<9C(31#I,'BC(61#.B%J1+FR'(6B*1>$%N M(S5K1F(=1Œ(%.
†W,;31R8F(6(31#I(?BSu.1+(Z–$%31#‡K/c
())))).'/3wB31F())))= (.B‡))))9%:6(3(S1+,'())))* HH())))-&P[I1',F())))3 WBS())))Z$?F1#.B?F())))3
Ÿ:)E%3,81R'()K Ÿ3,8,4[&()f R8(IBK1'(M1(?,'(*1F(3(M1HH+81#-$?F5Y1531,'(-$?F5Y(M
Œt(S5C1#=1>$%:f1'/S(=1! WB?1^^(?(=1Ž-$%:f1'/S(=``1toBK,81FR'B=1#I(?BSu.
 ˆ] !"#$%&'$()*+,*-
HH†G)))3 #)0 G)3,81G3(). W'/3wB)3 +BS()I(31dG3(). WBv()M +B)‡$%=1WB)bB%J1F()J(*
'())* +8/C())M h3()). #))):?[31e)f',F1#I(?R;<)6(&1W'B). WB)S'B. +().RFBKB*1'()* F()J(*
Œ†h31#01G3,81(.B?B‡$%=
dn)).,QF +F,;N MR'())= WB)))%J1F()J(*1Lw()3 HHpg[)3,81''x)$%S1+R8'()S WB)f5-$%I(31\()M
a%.B)%J1'()Z.,81B%.()I \()M HH†,'()f(M'B0(31G)3 #)0 G)3,81 G3(.1\(M1#<I'(KF(6
W'R[).R81^()&R[C`1d^()KB0`15)3 +(.B)f'1',x)$%31'()* T(?,'(?#<$?/f(31#I(?,'(.R;Z.,8
WBK(:$%)f +()Z–$%31Wg[3B). WB)?F,81dW()K,81WBK(:)f +,qB)SB*1Th)I''F1#K()?B‡$%=1B%.()I
HBKB.1+FB%.R41+R'R81,'(.Rx$%31'(M1WB?1R8(.Bf'1'(M1+8#6(K
()<?g[3F,81dWB?()3 +BS()I(31,/)$%*1+[-_'@)3 ()K ,'()<A31FR;)$%31().BS,4'(*1 531Œ(<?R[3
/))$%.,QF R;))$%I1WB:%I(?R;<)))6(&1G3(). R8()M(c1'()M ()-./01,',^WB)KB‡$%=`1+5=()3 a?'()*
H(?B.
4B))3F,81W'/3())_(C(M1WB:))f5=1dB))K,81())-I'/M1())M ''QF ','())):$?q,81WB:)f(M1BY'()*
dG6B.,81WBK(:f1#C[.1,'(?5=1'(3BI1G.,8,/$%&1#N MB&1WB<$%=R81#.BK(CB.5r1531'BK,8
Hh3,81(.w5J/YF/J1d>$?F1#9%.BK,FBK1d#:E?'(f5C1(:$?'(K,8
WBI(K(?#I(?R;<)6(&1 (.(?‚1R'(*1H'/31>?F(C1,'(fPF(&(31WB:N M81R81>$%.BS,41F(=(M
Th0,817(=1FB3''QF U,'1h-?F(C1dW'¬J1,'(.B?5C(31+(.w81,F5Y1'(*1Tp81>$%&1R;$%I
G)& WB?()f,QF(=1,'()9%6[I(S(31U,'1F()= HHB)K,81 WB%f5&QF(_1#<%9%•RF(r(M1+(.R'(*
WB:?;<))6(&1G))IBK1HG.())?(J,8RQF #)))& WB%)9%6[I(S1R81XB)K WBS()=(M1()IR'1T#.()?(J,8
#I,'B)%&1#:)E?'1BY'()* 2WB:M(Z:)6(=1().(J(.1dh3FR'()N M5K1 L,41d«8(S(K1G3,81R;?(&
p81>)$%&1WB:%I(?R;<)6(&1G)IBK1HR81>$%:)f '/S()=(M1G)3,81 +F,'F(61+BS(I(31R8,/$%*(M
#<$?/)f ()M p/)K TG)3 ±()?B31G3‚()M WB):N M5.1dLF(). +B)Z$%Y1 '4B.1d#.RF,F4/J1\5C(K
H,'(<$?'(Ì1p'(M1G3F''81,8'/6B*
>$%:))))6(3(S(KBI1F())))6(M1,/))))$%*1#:)))))E?'1()))K p'()))K,81F,8,'1WB:?;<)))6(&1G)))IBK
de))))E?'1$#&())3 '/))3 R81WB)):.BK,''4,FB*1())M ())?+FB-.RQF5J1'())* GIBKF())= TG3RF4())SR8
H,'(<$?QF(Z317(=1#$%M1h.R/IB.1,4BI1+FB0B.
())?(I/J1L())* #))0531+())*HH†^())&R[C1'())KB0`15))3 ())%.1U(?,/$%))f ,4B)))I ()S(*1+8()*
Œ†h.(?(JB.RF1,'/31pQF‚1WB:$%M1R81a$%&(M1+(N M'/r1,'B0F(61'(*1+,QF/C(3
 ./0123$45,+67 ˆ
R;))))$%I1#)))?[J5C1dG)))3 €P[)))S #)))9C(31u$%)))= ()))K ()))?,'(*1#J,4B)))I #I(?R;<)))6(&
BY'())* 2#?B)).R81())IBZ31GYF())S(31R81WB%J())M ,FR;Iw())6,81+@))3 ()))S(*1HH,'():$%<$?q/A3
oh$%N
M,8
H^^,'';.wB*1$#I1+5C1#?B.R81+FBS1'(<?g[$?41+F5C1,'(*``


o#))I/J1,',4B))I #))-$%Z.,81,/$%))f(31'Rg[$%)))J R8#.BK,;?[S()3 +'B)0 RFR41˜).,81G3()3
#:)E?'(f5C1B)3 HHh)3 +',41+45)6 781,'(.B:?;<)6(&1FB)KB*1 +u$%=1'/S(=(31ŒšBKR[3
k1WBI()S(*1 F(=1dWB:<$%SR81Ž:6,81Th31+',41#.B%J1+FB-I(SuC1WB:?FB%.R41',;<9C(3
N
H L(K,8R'R8
+(r())f ().,;31dh$%N MB)SR81+',41#.BK(?#:)6RQF(M1WB:.BK,;<)6(&1,FB)KB*1W,8()S,'BS
+FB))KB*1WR;.())0 F())3'(S(M1()))K +B)* HHh<$?',[)E31+8()3(*1#.BK,FR/?8()M WB)I5C1dN B)3
ŒW'/3Rg[S/J1,'(?(Z$?F1L(M1;<6(&
\,/))))$%*1TR8+',4())))M +5))))C +^É))))I[S`1h)))))$?'x3153,'()))?Rg[$%J1Ž%I(?R;<)))6(&1W5)))0
#.B))%J1B))I HHWB)))%J15)3 d \()M 5)3 ,'().g[$%J#31+,81HH,'()<<$%y31WB)IRg[S/J1#I(?R;<)6(&
H+',4F(31,'(IB-31(.B%%S,8B*
,''8[)K N k1#NO$%_1ef1WRFR4(=(31d,'/31WR8F(JF(61a?;<6(&1'(.R8F(JF(61\5=
+R'81+;)%*1HH#-$%)f(31()I,'/31d()N MR41R81WBv()M F()6(31(?#I(?B:$%)f '(*1\B:E$%*BI
d\5))= R8()Z$?F1WRFR4()=(31He)6R/C1de)E?'1()3 '/)3 RQF()J RQF \()M(M1()K(.B%J1+,'()*
()?#:?[31€P[)S (<)f(01 '(31B*1H,'(.'/S4(*1','(.8[K1#rBI1(I(.'/I'(K1#I(?R;<6(&
WB%NM())))= dh))?'';.¬J1,'()).B?#SB_(.1dŸ.R4()).(M1())K +()).'/S4(*1d7'())= ())Sq/J1'())M
d#?B))).R81B%.()))I T,/%m)))6(01R8())))‡$%*(M1+())?,'(.8[K1#rB))I '())* G3()).,'1Hh?'/:))fR8
L()M F()= H(.R'(*1#I(?B:$%f1R81XBK1WBS(=(M1/-N M(31HHG31WBK(?#S,8B*1,'(.1#?FB?;.(&
H$#OJ,81,'(?#6[I(S(M1a?[ZIR@S1FP41,',FB3
#?(K5:$%f1\(KPg[S(*1BI1h?R81WBKR4,QFG31(I'(-$?F1#?4BA.RFP4(M1(‡$%*1\B:E$%*1BI
HBK,81R;$%I1+5C1+FBK1',FB?81,'(P[S(3
>$%:)f '/S()= #C[.1Œ(<?R[31Hh31\5=1dWB%J1U,'1+',41531WB:?;<6(&1d\5=1B3
Hh3F(<$%|NM/C1dh$%=R81\,/$%*1(:E?'G&1(IR'(K12,'(:$%3,81p/.1,',/$%f1+5=(3
 ˆ! !"#$%&'$()*+,*-
e)))9&1())):$?'(K,81W;.B?BC()))3 B)))6'(*1T,'())):$%3,81UB)))& +FB%.R4())3 ())f(M1#0F())=
T,'())IB-31UB))& #.BK,u?F())• '/S()))= G)f,81G)3B.R81p'()?,81+()6(K1'()* HH,'(:)E.R4
$+FB)Y >)9?u&1+()*HŒ+5)C #N M8()3 R8(*1+8Bf1+8''[61R'(*G3'B9K17(=1a%-$%6(K
d+,;)3 X(K()f5C(.1 #žF(61#.R/:3BI1(-31X5C1+F(6,FB01',QF5<31X5C1#E_(.(M
'B)-31G)& XQF,'B31(K1(?,'(*1(f5C(.1'(*1531e%I(SFB?1h?ŠfB31H,'(:?4P;31531+,FB0
H,'(:?(-31UB01X5C1#E_(.1#.R/I,81tR81a$%&1(M15I(K1G<%31e31+(-31N k1+R'
,;.()0(K1 +B*1HHWB3(I,'R[C(.1WB%$%&1B:9$%=1dW(=FP41+BZ$?F1(?+',41L(*1F(6(M``
HΠ(?B.(&1dD$%&(31,;.(01d(<?F(3
,',;<%?B*()))M ,8q/))S +,'[))6 ())-./01Th))3 B))?F'1dW/¹'())f ŒWBK())?+FB.(K1+())*
H,'(:$%<$%r,QF,81(NM(K'/61#$?/J1B%.(I1'BK,;N M(=
()<3,81 ,/$%*1R8,;<%?B*1+FBJqPF(M1Lw(31HHW'Rg[3R81(.By%Y1L(M1,/$%*1ŒWBK,4R/C1B%.(I
()))= WBI5C()K Pg[S()* ,/)$%*1()-./01TG3,8R;?()& N
N k1WB)I,8FRx31N ()= k()J B)–<*1d>$%M()J
HG3,81>?R8(M1N ‚B31#P[S1\(M(J1'(M1T,''8FRx3
+^#¤9:ES`1(.B„%:6'F81(:$%A31(?+',41+5J1L(*(K1,',F(31(:$?81>$?qPF1#:6RQF(3
+()SRF(31()M G)3,81#):?[31 ,'(IB-31+'´31(?+',41'(*1U(?(SRF(31/.531BY'(*1TW8[KwB3
H,4BI1#IR'B*1d+456178

!
'/))))3 U()))?,'BS1+,'()))* +R'81T'/)))3 ˜))).,81G)))3 #)))<$%‡N
OZ31U(?()))Er1>$%)))6(K1U,'
o())K[K1()))IB=1,','RQF5)J 'R'()I #)-$%Z.,81BY'()* T8[)K,81/)?8'R/?81L()* +()K,4BK,'FR8
B%.())I(31F())= hSR'8())M \,/)))$%*1TLPQF,81G.()I(31F()= dLPQF,81L5)C531R'()*``1ŒWB)%$?QF'B=
^^Hp',81LR'B*1a%<S1HHWPQF,8
R'B))* B))-31+5C())M #)))K5KR81R81LF()ASRF(3(M1>$%)6(K1U,'1oWB)I531()‹FBJq5SB*1()S(*
WB)))I5C1()))KR81\,'()))M H,'())).'(-3F''81'R'())))I /-N M())3 HH,'()).'(-3F''81Ž))$%M1\,/))$%*
h.R4())S +F''8())3 ())-./012p[))J WB)):31LF())f WB))I5C1FB))rB*1())M h)).R4,81h)))S #.RFB?()3
ŒW5¢1/?[_1dL(-31N k1WB:N
O$%_(K
HHG3(). #:)E?'(f5C1h)Sq'81+[$%)_ B%.()I (:)E?'1G)& G31#?B.R81#N MR8'(*1>$%6(K
F(=1F(6BI(=1#3BI/r1F(J(*1HHG31#:E?'(.1e6P81+[$%_1G3,81RQF \,'(*17B&(M1/-N M(3
 ./0123$45,+67 ˆ"
BY1HG.B.1R8+(?B:65SBS1'(*1+(KB0(31WR81+'R'(I(31R'(*1HHG31+(KB:65SBS1#%3BI/r
Πh<$%-931>$%I1L(K(YBI1p'(.BIB.15I1531+(*1T(?R'(K
#IB)6,FBK1G)3,81W()-3 7()= N k1Ž:)9&(K1LN ‚()3 TL'/)I[J1WB)I5C1 /$%.(M#.4(S(31,/$%*
Ž-)f(3(.1 Œh3B?F'1H(?(=1#6[I(S1R81WBK,F(-?(&1#.B.17(=(M1†G31#01'R[K1WR'QF,'B0
†ŒWF(31WBI/$%.(M1dh$%Sg[31R81WBIF(6(31W'B.1WB:NM(=1+(.RF(-?(&1'(?B&1'(*
(‡$%*1h$%N M,81,/$%*1HH(%.1˜.[J1,;.,'(*1\(S(*1Lw(31H(?RFR4(31WBSQF,'B31oh$%N M,81,/$%*
†G31#01WBK,FR;.B‡%*1#Z.[J1G3,81Lw(31Th?FR;.B‡%*
#.B)))K,FR;.B‡%*12W'RQF()))J(.1WB)))I5C1#)))E_(.(M1T,'()))).4P;31hS())K +,'())MF(31,/))$%*
F()= ,'()* F()3(M1HH()%.1,F'()J ,;)<$%=1 QF,'B31dWB‡%*1(IR'(K12W(?,/$%f1'(31F(=1\(-?8
dh3(:)f(JF(31hS()M p'()-31e)6,81 WBI5C1#E_(.1+,'(*1531oŽ$%N M,81WB:$%&1,'B:E$%*(M
HWBI‚1,'(‡$?QF(JB.1W(K(.1N k1Ž%NM'/-.1','(.4P8(.1WBI5CBI1dLPQF,81R'(*1HW(-31ŽN O$?'
šB)))K,'/AS/J1()))CF(31())))M +81#-$?'B0())3 R8(S,8F())6 '())M h))S Œ())<?R[31#:))6RQF(3
HG3(.B%1L(*1+(Z–$%31(K1Ž9C(3,81G&1WB:-$%.B%1BY'(*1TŽ$?g[J,8
5)3 BY'()* Th)3 XR'B)* U()? #.,'B)C dh)S #.RFB)? ()<A3 ,/$%*()K ,',F()3 (:$?81>$?qPF
+PQF,/)%.R'81 #.RFB3F5C1#.B<$%Mu$?F1531,'(‡<$%¯1R81WBI/$%.(M1L(K,84(c1L(?G61+,F5.
HW4(S
G)IBK1HHR8N ‚B)3 #)P[S1dN,qB)* WR/$%.()M B)Z$?F1 +(JF(Y1(.(J,81(K(M(ZS'8F(S1GIBK
tB))3,81WB?,4BI1#r(_(f1',F(3(K W(K,81+8(31,'(SBr(f1'(*1+F(6'(M1WB?4F(31#IR'B*
+,F5)). BY'()))* TB)K,81;)./I1WB)§B*1+8()r /$%.()M +5)C a)?F5C1R8(.BS,8F()6 '()M B)*
†(.B<$%M1u$?F1d#NMB¾f5C
#?B))3 4P@))& G)))3,81R'B)* TpQF()& $#)I R8()-?81#:)9%.(I1'()3 #0F()= R8(S,8F()6'(M
4F()))3 WB)§B*1#rB)I 5)3 +()K(I(¤?FBS1d+FB)%.R41+F5)C ()-./01TB)K,81+5)C #)E_(.(M
H,'(:$%3,8
#)P[S1#<I'()KF,81+()Z–$%31 +;%*1T,'(?B.1WB?F(61U(?1+R'8(31R'81WBK,;.,'R/C
T(%.1WBS(K1#-$?;$%S/*1D%=1N ‚B3
,'(:$%3,8QF5)f ,'().B§B*1+8()r /)$%.1()M a)?F5C1dUB).''F1+PQF,/)%.1 (:$%3,81GIBK
HŸ<$%K'[IB.1N k1+'B01'(‡$%*1#:6R/C1R'81(:$%3,81'(-$?'R8''QF
#X/J1+R'B*1RFR4
 ˆl !"#$%&'$()*+,*-

!"#$%&'()$*+,-.,/
0,''-$1+23

9#"#/*NX*>&NOFD?/*YZI#/*G13:1#I*[=0:*9(BFD,#\*(B]]
J^^9(BV*7I*0F#_%261#E(/*`&E1#\
G#"0FDL,DE*#O#a*1#I*#O*5:*!?%2F(b*#I*3:#,0:1#=*G#O*Z,*c#<23;I*d!M=361#I
^^JJ>%261#E0:
^^eI#/(&f*G#-*5#gh%&I#"*>$a#I0:*e'*9(M?%&/(&f*(iF#-

[H0:104
JG#"#2*!H#I*j*08<$a#I*!208<=#'*1("(-
 ./0123$45,+67 ˆ…

!iOU'V!'F3&C+/!%-."EF[

B))I R8+(K(I'(-))f(*1())M +5CQF()))S(M1+()K(?1+@J()f5J1dWR/)$%K15)3 ,'()?RQF(J1RFR4

R8+',41+F())3(M(K(31+5))C +'5))I FB))%I'/Y1U,'1HHG))3 WBy)).(&1()))K(-N M(C1+'B0F()3(M
'R@J()). G)))& +5)C F()6BI1LN ‚()3 T'/)3 #).'/314'()6 #.R'QF,'B)0 dRQF()J #)$%M1d;.B)f,'
HHG)9C(A31G)& WB?[IFP4()K +'/3B)S B:)9$%=1()-./012'/)3 #.B:6P81+FR;?81#fPF(&
+R'R81+(.B:))))6P81'())))* F())))ASRF(31())))?,'(*1,'(:)))))E?'(f5C1+‚()))3 eC()))6 +FB)))K
GN O$%=()). R81Ÿ))9C(31+FBK()))M B=,'F()= HHG)34'/01˜)<01'8qF1W()K,8N k1#:)E?'(f5C
HG31FB?81,/$%&1+FB31X(<S
R8()f(.1'()f(J1()M #?B).R81+FB)3 dh?QF(&1$#I1R8tB%.(ItF(6(31dhIB=1˜.BS1dNB6
H'/3,81Š&1#.Rq1da$%*1(?R/A31Š.R'R[_1#?B.R81+56B*1,;.(01T'/3
'R84())J(M1+5))C t+()))KBJ'(C1F()6(M1TXB=BJB*()3 '()C(M1,/$?4B)K a)$%&1WB)%-$?qPQF
o#6[&1+,81,'(?5CF(3(M1H'/31L'/|.1R8,'(.8[K@31+B?F,8(M
oŽ):?81†Ž$%3F()3(C(31,'(.B)6(&(c(3(K1#S;.B)6[I1()?,8RF1'()* BI1(.'(C1'(*1#053
o#I/J1T,',/31>?u.1Ž$%M1^GAI[J17(=1#K(?(<$?'B*1>$%N MR;<S1U,'
tŒ(-31BfBS(I1R8(?(<$?'B*1L(M1RFR4t
+,'()))* ()))-./0 T#K())))N O0RQF1Ž))NM81L;)).Rx%r18[))K L())K(<$?'B*1+[?())6 ,;.,'())* F())=
+'BI(31'/A-$?'B0/S,81/-N M(31'/3(.1hS1+(K,'B0/S,81,'(SR81531#Z.,F1R8(K(<$?'B*(M
Œ'/3/$?481dW5S1WB:?(f1+BZ.(_(Y1#<%.(-$%&
,'B<$%=BJB*()3 #)<S1+,'()* dpQF(&B.1$#I1R8F(6(31L(.'(C1'(*1+,'(.R;-$%M#:6RQF(3
FP[)))S '(O%)))f 2,'(?#))))6[I(S1()).'(-31šBK())?+FBJq5SB*1())-?F(C1oL())K,;$%&1#))KF,8
'[$%)))f ())).(-31WB)))?5C1())).B%K,F(J1šBK()))<Sq'81TW[)))Z3F,'1š()))J +FB))))KB*1p'()).B?,8
Ž)$%&1()K R8().B%?FBJq5SB*1'()M šB:6P81(?,4R;.(*(31a?'(*1HHh<$?/$%931šBK(?FBJq5SB*
HW'BS1FR4(SF(f1W/%9C(3
HŽ$?FQ(Z31L5C1#.'/AS/J(M(K1,'/IB=1L,'(*1+,8R'1\B:E$%*1TW'/01j%K(M1šRFB?
dW'())))C +,8P@))))J U,'1/-N M())))3 T,4[&()))))f #K()))?R[3BK1U,'1U())). HH+QF()))&RQF TRFR4
()))|.G31#)f(K15N M()= ' FB)S HG3;.B)f,'1+RQF +(K(.B:?()f ()K >$?@}B)f U,'1H>$%N MB?()C
B?'B0/S8()))M WB?()))3 +,8q/)))S d +F,'())):C(31+,F())))35.1())K W'/))3 +g[))3 G))I WB))?'B0
oX/J1WB%$%&1BY'(*1TW'/3FB?8
 ˆ’ !"#$%&'$()*+,*-
U,'1W()KB.1e)6(=1+()* HH†L'RQF5)J h)<%31L,81()K (%.,'(*1F(=1HH†,'BS'(r1N k Ž%0t
Π,/?FB31N
k1Ž?8Bf1WRF531'B3
Ž)9%<?g[3F,81dWB?()3 ()?5312,'/0().,x$?[J1()M Ž:)6(=1L()? +FB%:C(31'(31X,FB3(6
B‡NM(J(M1TL(K,FBÁS1#.B%$?QF'B=`1\,/$%*1T(?R8#fRQF(=1#_BI(M1hS1#.RF(SBK1HG0,81>$%I
HW[Z3F(6(M1#SRFB*
dh))$%31h.B))K,FR4B*1#I(K()))f +().R'(*1HB)3 HHL'/:)f(01G)& +FR4B)* dWRq1Ž?FB%:C()3
HL5C1#‡%K(c1d>9?u&1(<A3
HH pFR/C()SQF(&R81šB)<Sq'81+;.()AN M(S15)3 dšRFB?1+;.(ANM(S1531šR/I,81LBI,'(*1B*
HB-3 +5C1#:E?'(f5C17(J(M1(KB01'R'g[31+5C1+(Er1F(6(M1G.R/I,81RFR41B:E$%*
5)3 ,'()?#.R;<N O31()M 'B-31,qB=1FB3''QF U,'1Ž%:E?'(f5C1,'/IB=1,'(*1+;.(3'F(6
HR'B*F5C1(IB-3''QF 'BKF(61,'(Iw(=F5C(M1BY'(*1HHpFR/C(:$?QF(&R81#?w'/r
WBK(N MP81(M1,'(<?g[01°(K(31'BK,81(-O?481G&1,'(IBS/9K1+/$%K1(M1hS1#E_(.1(K
HHB?F/=1'RF(=1(.(K1+,81,'(?F(61(31WBK,FR4B*1+(.(IF(_1tR8,81ªR4'1R8
HH(Iw(6,81$#31d75K1(.BS41#0F(=1hS1#.B?(31,4R/$%f1#.Bf(31WBf1Ž<%3,81R'(*
L5))C #VS())r ())S(J(31d›,815))I #:)))fF(&F(61+4B)ASB*1R'()* Œ()K(M'/M,8F(J1+()*
HL,8(*1X'BI
R81WBK,FB%:C(31(JF''8(M1BI1Lgº31WBKB?F,81#.B§B*1T+8Bf1+,/?[r1U,'1p'(S,8
#)S,81 +,'(*1B:E$%*1HW'RF4(SR81Ž9%.BK(<Sq'81,[Z31TšBK(:6P81p'(M1T,'(‡:6,',8
Ž)))9%.BK,4(cB.1R81L(?#.BS8B)))f L())))* +8B%<3())M HHp',81\5))C LFP41G))IBJ#31L())Er
H(?R;$%I1WB%f(3
\(KF()6 #-$%m)6(*1#:)fF(&F(61,'()S,;31pg[)_ L5C()K ,'(S(:)6(3,81 QF/J1GIBK
H(%.1e6RQF WB31(S(C,81#<%I1WR817(=15C1531+(SQF1'(*1U,'1>$?F,'B?1D%=
iB&/))6 #.B%))f ,;.())0 +B))* TL())K,81h$%))6[I'B0G&1#.B)))<Sq'81'()S(K(SF1,'()*
ŒL,;31pg[_1Ž:6,81+(K(SF1šR/:31de$%31h‹FR4/J
#IB)K \B:)E$%*1T;.B)?BC1+FP41,@)• dLRFB)* #S()I R8(-)6''[31 ,F'(=1+BrBr1/$%.(M
HL(-31WRFB31(OM/J1WBK(.R'B<31#?N ‚/r1šBK,4F(I1] +(.R8(3(K1,'/IB=1L,'(*

+()¤Ä1dG3(). ^+F/)%•`1 F(J(*1^HH5!82,%-'9:9;-<=->?!)@-?AB0C%-DEAF-G:, o,'R[6'/.1]

†H(?B.1+B.BS1G3(.1?AB0C%
HG3R[6'/.(NM(=1(31R8(K(„6'/.1''8F(=(MdG31 ^Ž%¾Y1+F/%•``1dG3(.1+F/%•1G3,8
!/V(-
 ./0123$45,+67 ˆ
WBK()))f(K1W8F()))J ',F()))3 U()))?(.(IF(_1B))))I G3,8,F())J ','())IR/C,81˜.())& ŽZ<))6
oL(K,81+4R[_F(61(<f(01'(31B*1HHp'B=,8F,8
šB<Sq'8()K L4R/)C (IR'B*1LN ‚(31HHW,8,81WBK(I1'/M,8F(J1U,'1Ž?8R4B*1d#.RF(SBK
#.B))))%J1',8(3'QF()))))f #.B)))%J1G)))<$%K[.,81,'(.B?F()))6 F''q()))3 +(:)))f '()))* oh))).Ru3R'
WBIF(61(?+4(3R81L,4(3F(Y1#?B.R81GIBK1ŒšBK(:6P81\,/$%*1H(%.1+8R4B*1d#.RF(SBK
HW(-314B3F,81WBI5C1WBK(<Sq'81U,'1\,/$%*1L(K,81N k1WBIB-I1HG9%.,81N k1WB:6[I
,[$%)f ()J45C#L5)C +‚1(S(-31WB:Z.B31WR/f1+[$?/O31+456(3(?B%.R/I1›1(J45C
,'()-$%&1().BS,41 #?Rx$?F8(31(K1+B*1HHG<$%K[<31,',456(31'/3,81[$%_1hS1#?B.R81+(-?R8
/$%.())M h)S +()K(O?/$%K1()?#?B.R81Lw()3 HH,'().BK(?+FB%.R41,'B0F()6 ()I,/%.,q1WB)Í,8
R'())* H#))I[J1WRq1,'())?(-0(31h?R'8())3 ,',F''81F''81()))M dR81WBCB)f +8F()3 (:C()6
ŒŒpQF(J,81>6B.1d4'(61#J[$%S(M1','(:$%M/C,81R81N 501#.B3B%3(31(.B:$%f1\B:E$%*
()))N
M81+FRuJ@)))S ()))IB¢1+5)))C +‚1#:))))f h))?[I1u?4B))* #I())%K,F(J1+(?())f'1'())*
H(?+/$%K1#-$%.x$?@&1,'(.BK(Z.(f
#X/J1+R'B*1RFR4
!
!
!":!@+5B#+429'(!'O#CC:'.

dpF,',8 R8@ž())= FR8()))M œ)f dLB)I h?@)f d\5)C W5)3 +().BÎF1,@ž()= R'()*
H,''8[K17(=1L(.R/?(J,/%S'(M1dLF'/KB31+B31a%<S1TB3,81ª(f1R8#-6B.(M
Hh)$?F,',817()= R81WB)I F()6(31().R/?(J1,/)%S1'()* U,'1šBK(?+FBJq5SB*1ŒWB%$?QF'B=
(NMBSB61,'(.BIF(6(31WB§B*1(K1R8u%?B&1#.RqPF1#K(?PQF,/%.1(M1\B:E$%*1GV3,'/0(.
HWx$%V31(.BI,4(M(31,/%S1'(M
5)3 WB)fB&1T()?(?+',41L()* #I()‡¨%.1 '4B.g[&1(K1WBIF(3'F',81(.QF5<31','(.(-31'B0
G))3 8B))?41N
k1e))9?4PFB31,Š)).R/Y1,'())* HHh))).R'QF 7()= B)?F,81#.B)K,F''81()<?F(315)6B*
H,'(:?(-3'B01F''81531R8‚1'/S(=(31#0(K
WB)?R/C1 +'B.1#.R'QF,81WB%N M(=1FB?8B.1'FB?81531dB?F,81(?R81WB?(*1#-NM(C(K1WRFBY
#)P[S1+'B.()3(K1W'/)3 ,'()* +[$%)_ ,/)$%*1(:)E$%*1 Lw(31HH'/31,'(.B?FR41F(6(31d8[3,8
 ˆˆ !"#$%&'$()*+,*-
#:)))E?'(K1+(:)))f '())))M ()).B‹[J1p'())vB.1'())?(.B‹[J1;)).,'R/C1h))<$?/?[|31,'N ‚B))3
HpF(31WBI[I1F''81531G.,81+R81WB:<$%=R8
WB)?4R'1dW()K(S1WB)K,;.,'R/C1#)6B31()IR'(K1 †W(-31e6'F81U(?R/C1h.R/I,81(?B*
Hh$%<318B%<31wB31#P[S1,F(6(M1WBI,'(*1B%.(I12h<$%y31N k
'())* B))3 T#.R'B)))3 ()<A31h).R/I,81Lw()3 HH()P[S1'()* ():$%A31,/)$%*1+8/)C ()K ()?(.R'(M
HÀ31+[$%_1,/$%*1(K1G31ef1h?ŠfB31(?+FB-.RQF5J
$#))I +F'/<))6 /))?81'())* ())IB¹B:31()).B‹[J1p'())SB.1a)))%<S1T()?(.B‹[J1;).,'R/C
())IR'(K1†())?(=1WB)):-$?;.,'R/C1D))%=#<%.R'F1$#))I #Iw())6,81,/)))$%*1()?B*1H,'().B:<%.R'QF
h3())))S >$%:)))f +BS()))I(31T(?#:)))6RQF #))).8[KR'R81,/)))$%*1#KF()))*(K1W()))Z31G)))I ,'()))S(M
$#) I HHWB)IB<%31de)6(=1#)¤$%KF1F()3 ():$?'(K(.1dG)3 FR'()N
M5K1R;)%$%I1€P[)S #.'/053()K
Hh34B3F,81WB:.BK(:6(=1+F'/<61(M1U,'(.1HHW[Z3RF1WBI5C1#.'/0531dŸ.R'QF
B))6'(*1HW())-31+8B%<3())3 e))6,81G)))3,81WBy)%Y1'/3B). WB)I'B.1F()3'(S(M1()K +,'()*
',8R@)))))))* ())))))M dWB)))))):.'/0153())))))M dWBI,'()))))).8[K@31())))))M p81>))))))$%&1WBI())))))K(.By%Y
HHWB:%:E?'(f5C
H+FB%:C()3 +()O&(.(J,81()Z.,QF '(31B*1ŒW'/I'(K1+FB%.R41+R'81+(.B6(K1'(*1+(*
†h$?81WB?q1#I(r,F,81W501G3(.1R;$%I1WBI(?+FR',;$%S/*1'(*1F(J(*15C
Hh?[?q1d\5=1#:6R/C(31(K1W(K(.1(.w(I(S1'(*1#f'/I1WB?5C1WR4R/ÃFB%.R41B3
HHG)))3B.1,'RFB)f N k1WB:-$%:)f D)%=1','()S(K,815)3 WB):S5C1+()K(N M81R'8()3 ()S(M1h)S
G)& L5)C h)S ()?B*1()?B.'/3(=1F,'F()6 'FBJ8F,'F()& p'()M F()J(*1 oŽ$%N M,81WB:$%&1B6'(*
HŸ.1FBJ8F,'F(&1dF,'F(61R81W''8F(J1(M1(IR'(K1HH†F,'F(61(¯(.(K1R[K,81X',4
LBž()* WBS()= \B:)E$%*1R'()* T,'B–<$%N M()= L5)C #)IR415)3 L(SBž(*1L(*1hS1(I(ANM(*
ŒG<$%=,81e6,8(31hS
())?R8(.B‹[J1#$?/I())M +(?+/$?g[?())f '()))* LN
‚()3 TU()?(.B‹[J(M1()?#:?[31;).,'R/C
()M dW[Z3F,'1,FBJ8[K1'(M1WB‡%*1(.B:KF(J1,'(*1†G0(.1R;$%I1dG3R81GK1#9$%K(M1G3,8
Œ†,'(.4;315N M(=1,'(.RQF'/61R81WB§B*1+BJF,4/J
 ./0123$45,+67 ]‘‘
'/S()))= d,'(:$%-)))f,81R;)))$%I1#-$%NO$%=(:)))6RQF '/S()))=(K1>$?QF,'B3())))M ())?#:?[31R/))C
T()N MB?(C1d()9$?;.(*1,',FR;.B)‡%*1 +‚(31WBS,41(IR'(K,'(:$?QF/6,81R8‚(31#-$?'B:6,'RQF
H,4BAO$%_1dWR'(NMB&1,'(*1G3^#.B_`1,8[S1#0F(=1R8'(*1+'B0(M
#-)))E$%*1()))K +())).R'R8F(J1'()))M Ÿ))). #))):?[31())).RQF,'B31'@)))3 '()))* +()))).'/b1B))?B*
x)))$%J1B)-31WB%)f[?(61+,'()* dh)0,81R8R'()=(31dG)3,81B)./I1'[_()I R;)$%I1WB)?8Ru%S,8B*
U,'1p[)))S,81B)))I G)))3'/31WB))))?,8P@J1G))6(KF(=1ThK())?(.B‹[J1;.())0 ()).R'(*1†G))3,8
H,'(:$%M/C,81R8+5C1+F',8(31\R8F(3
D%=1(K1,'B.17(=1WB?5I1'(*1+B=,F1#K(?(.BKBI1+(.B?FBJq5SB*1d',g[$%&1'/S(=1'(*
B%.(I1Œ†,'(?#I(?BP[S1F(6(31(%.1W;.B&(61'QF(f1(S(*1(?B*1t(?(.R8F(6(31#-$%.RQF5J
h?Š))fB31Lw()3 HH,'().'/31PF8()3 WR@}B)f FB)Y FP41,'()?,FB31L()M HHh$?QF5JB). TWB)KB‡$%=
BY'()* 2B)-31FR8()<$?'1FB)JqPF1+,;<?B)* B:)E$%*1()K (?(:)f '()* G)931().'/b(31 (K1ef
^HG<$%S(.(K1>$%:f1F(=1#<$%f,'1N (=1U(.`1(ZN M(31(:$%3,8
WB)f F()6(M1#).R[J1'B)-31FB)I/r1FR4B*()M WB)?q1()K ()%.1>$%:)f R81WB<$%=R81+(Z–$%3(M
HG3,81>?R8(M1,',[_1#.Rq1'FP41+FB-.RQF5J(31h$%=R81#6(K1,'(9?‚'(M1HHB-31U'/6
#)))))K5KR81B)))I TG)))3,81()))6(I1WB)))K,''8[S1#.R/I()))3 WB))):.B?q1+;)))%*1ŒWBK()))<$%=R8
Hh<$%SB.1(K1W(-31(.B:f1'(*1#S(YF(6(M
'())M 'B))0 R8+[J5C())M (:))E?'G&1TG))3 ,8R41p/))). +R'B)6 +5)C p'()%31h)$%=R81()K
Hp[J,8RF1+5C1WRq1(SF(J1#9$%*1F(3(M1,'(.'/31N R;<S(3(K1B-31(I,[_B*
FP41HH,'R8QF81L5))C 5))3 ŽK()))?BZ$?F1TR81WRq1dÅ)65K1dU,4F()3 di()K WR8()6 /$%.()3
H#<$%)E&,81781+;.()3 LBK1XB6R'81(K1šR4,81\B31(-./01L'/IB=R81\B&(31a%.RFBY
,'()* oŠ)r,41#-$%<$?g[3F,8()3 T#I()?4R/C1R/)%=1 LF(<$%|N M/C1#:6R/C1'(-$%:f1,'(*1Lw(3
H#I(%K,F(J1hS1#:6R/C(K1(?(:6(3(S1'(*
de))E?'1B%.())I H()))?,;.(S1FR4B)* '(:)6(31e)6,81Rg[)-$%I (‡:)6(.1de)6(=1#0F()=
HBK,81B=,QF šBK(:6(.1de6(=1d#.(?(J,8RF1+8Bf1de$?81(S(K,8R@*
5))3 e))6RF1#K(?B))6B?1^'//HÏ` ,;.()))3 WB)9%.1L()* G3()3 H,F()K FB)J4F1G.()I(31e)E?'
HW8B%<31(S(*1F(61(M1F(=1\RFR41#.BK,',g[?(&1T(%.1R8pQF5J(M1+8R4B*1deE?'
 ]‘] !"#$%&'$()*+,*-
WB)))<$%=R81dW;.´S()C dW()K,81{)f d/)K ,8R@)* ()K +F'/)ž,F1dWR[<)$%=R81tB)3,8
Œh<$%S(.1dpg[31WB?R'81th<$%:6,',8
e)))))6(=1HHB))))))K,81W;.B))))|N
M/C1de))))E?'1#I(?B))))f5C(31e))))6(=14R/))))C +FB))))%.R4
L8By)%.(K1HB)K,81G)& #:)6(=1 XR41R81±B.(M1L(K,81^>$%:f1531,'(.R/I5C`1#I(?Bf5C(3
L()))*B*1HH,@)J G)Y R;)$%I1#.B)<$%=R81#:)E?'1()K ()?,'(*1F()3(M1+5)C ():$%AI[J1+8F()JG3
,'‚1'(M1de$%31(-./01T›1F''8(31WBK,;.,'R/C1'R/C1(M1L''8[K1N k1+B=,'1(9?(:E?'
dp/)O31W8[)K e)6'F815)3 ,'(?BS,8(.1R8+QF5J(M1>$%:fR'(*1(?B.'/3(=1(.R;.,'R/C1'(*
HGž/Z3
+‚15)3 R'B)* 8F()3 (:C()6 ():$?8R8(K1B)6B*1 +/$%K1T(.B.8B%<31+BS(I(3(K1hS1#:E?'
ŒR8(*1ŽK(I1(K(M(ZS'8F(S
#&5IF())6(K1p'())K,8F,815))3 šBy))).(&1#-$?F()-?(&1R88F(3(:C()6(M1h)S Œ()<%-N
M(C
h?Š:C()))6 dh)?[I1/)$?481#$?/I()M ()?wB3(.'/b1'()* G)f,81BY'()* T().BK(.'/b1e)9J
Π#<$%&(E31+5C1R88F(3
()))fBJ1(:C()))6 dG<$?',[)))6,81()))?(.BÃ;.(31'()))M ,'()))).R[J1+[3,4())3 h))S #))./%K
HG3,81B./I1'[_(I1,'(S'B0F(3(31\(K,8F(3
'/S()))= sŠ-)))6B.1dL‚1()))IB=1>$%Z.(3()))f#L()))-31'R'())))I ,F())-?(&1L())* p'())S,8
Œ'/3,81>?u.1,'(‡$%M1ŠN M'/r1U(?#Z.,81G31'/S(=(M1'F,'(.'/3
h)fPF1 WR'B0F(3(M1LwB31#P[S1+5-f1tFBJ'(f1#.R/%S1U,'1! R8,x%I1(N MB?(C1L(M
]ˆ
Π(%01WBK,;.,'R/C(31LFBK1R'8(3(S(M1+;%*1T,'(I,'/3
#X/J1+R'B*1RFR4

'()))* +()))K(.R/$%&(M1F()))= WBv()))K(.R/$%&1dŸ)))$%MN,81())))9:$%.(31,'()).BS5C1W())?‚(M1\())‡$%*1]ˆ

Πh?[J,8F,'
€P[)S ()K BY'()* H'/3,8(). R81$sFQ5J()M R/)C R'()* TB-31e6'F81>$%:f1+BA%.R/I1€P[S1F(J(*
G))3 'B)-31e)6'F81WB)%J1#.By)%Y1',8B)S #.By)%Y(M1U()?(KP@31()&F/C1dU()?(O?8F(J1G.R/I().
HG3,814F(_1d$ƒ&(6,81;.(v5=1#P[S1F(6(M1(9%S(=1#K(?'/3(=1R'(*1TG31Xw(6,8
H(?+F'(S,81d#:$%f1R'(*1G3(?+x$%3[$?q1L(*1+(.R'(V$%&1a%K(?(I/J1F(=
^(-*Y*UJU]
 ./0123$45,+67 ]‘

!@+*+(BiK4[

o,'/I'(K1p/JF(31Ž%-N M(C1+(I/J1WB%$?F'B=
^^†pF(&GI1R81WBS/$%.(31\R'B*1TXR'QF,81R5N,qB* /$%.(31W501RFR41p'(.BI,81(?B*``
oh$%N
O31(K1'/3R'1ŠfB31Lw(3
()ZS'8F(S1/$%.()3 \R'B)* pF()&GI1R87,qB)* /$%.()3 U,'1G34R/C1+FB%.R41>$%6(K``
^^#R'QF,81R8
HH(?(=1+'RQF(J1N
(=F'/61#‡N
M/K1(I'/Y(K1G.R4,81(N
M,qB*1'(31€P[S14R/C1+FB%.R4
+(.B))9%.1#.RQF())ZN M(=1F'/))6 FB))Y ,[))_ ()))?R/J1+()* HH†G)<%3,8 +R'B)* #)0531+()*
Π,'/3(.1FB?81,/$%&1+FR4(SF(f
H(?#Z.(.1d˜.(.1€P[S1+''x$%S1oh$%N M +,81WR4R/C1+FB%.R4(K1(?(S(*B*1ŒWB%$?F'B=
2i()K 7B&()IR8(.1#?R/)E?F1()K #.B)fF(61#KF()* ()IBK1+,81RuKB)& +'B)%&1 ,'(*1F(3(M
HBK,81N
k1#SF(f1RuKB&1G3,8,41FR4B*1i(KF(=1(-./0
R81WB)?5C1#?,4()3 #$?/I()M(K1p'B). L().B.B3,[y%S1'()* +,FB01L5C1#f(31#:6RQF(3
HW(K,81+8Bf1+R'R8
G)& L()K(?1 #.B3,[y%S(K1L,'(*1+4R/C1(IR'B*1L'/31#.B3,[y%S1+FB0B.1hS1dXB=(K
R;)))))$%&1#?,4()))))3 #IBK()))))M T,'()))))v(3B.1#?,4())))3 h))))S G3()))). F''81'RF''81HHG.R4()))).
HL(-31W8[KRF1+(M(&1#.R41G&15C1G3(31dŽf5&R81L'B01dL,81L(K(*4(c1TR5Žf,'(<IB=
5)3 ()9%S(=1L()K(:C(31()J45C1W()-31hS()M 'B)0 \,/)$%*1WF,',81ŒL5)C #.RFB?1(IR'(K
dXR'B)* #)f(3'B=1h.R/:)f,81dW()?B.FR4B*(3(K1 #<$%y31L,/$%*1U,'1HH+'B%&1(.'/b1+‚
LBž())))*(31WBK,'/:))))f(01FR4B))))* +[IB)))C F()))3(M1LFB)))K FP41W()))-31µ()))_B?41d#)))f5C
#).8[31F()6(31()M(K1 (?,'(*1ŠfB31+'/S(=(M1,'R81ŽžF(61(9%S(=1Lw(31HH,'';.B?(J
,'())?5C(31G3()). U(?#))f5C1())S(K1()))?(=1#I,'()M a)%P[S1H›R4,FB)f ,[)_ R81Ž?8B)f
H(?(=B./J1L(*1F(=1G3(=1R8pQF5J(M1(<%r(:6RQF #-$%=B./J1F(J(*1HH,/?8(.
 ]‘! !"#$%&'$()*+,*-
()))))&R[C1+[$%_())). ,'‚1'()))M Th)))?,;31WB‡%)))f5C(31,F()))& W5)))0 h?'/3[$%)))_ ()))‡$%*(K
FR4B)* ' a)$%*1+()?BS1 (K1Ÿ3,81>$%:f1#.B<$%=R81+[$%_1(.1dŸ3,81L''8F(S1#.;.B?(J$#&
HG3
>$?;.()))SFR4B*1+‚ 5)))3 Ž:)))6,81>$%IBKF()))= oB))))K,81N k1LR'R81''F1())?R[C1())K +,'())*
'())))* ())))-./012,'()))))S(-31UB)))& Ž)))9%.B%J1WB)))E?81/-NM()))3 HHL5)))931Ž:)))6,818[)))Kx$?F8
G))3 8[))K x))$?F81+‚5)))3 Ž:)6,81()K \,'()* F()3(M1H›,81FR4(SF()f a)%<S1G3FR4(SF()f
H,''8[K1FR;<?[31L'(*1+(K,4F(31(E_(.1(.B%?,4(3
F())J(*1HB))K,81WB))6@ZN M(=1ªQF1+R'R81'BKB.R;?())& +FBAI())<S1,F'()))J ,F'()J +()KB0
H,F5C1(:$%3,81R'(*1'/3(.1\5SRF(_1';.B&(61+5C1£[K1'1LBIG31+(KB0
' e)?41B%<:)9?'w(=1()M W[)J,8F,'1e)f (K1TW(K(S17'/Ar1>$%:f1D%=1u$?FB&1G31(3
#S'8F())S ())3 ())%.1WB))%V%=1()))K L()K,81,qB)SB*1+().R'(*15)3 '()-$?FB:_,F1()S(*1oh)3 Ž?B)r
Hh9C(A3
HHŽ))9C(A31šBK(:)))6P81()3 e)f >$%:)6P81U,'1L()K,814()c ' L,;<)9C(31h)S Lw()3
h)S +()K,FR81,@)& #<0,/%S1+,'(*1531,'(<A31>?u.1,'(.B?5C(M1B31h9?F''81+(.R'(*
())K G-))fB.1WB?5-))f ,'())* +,;))<$%=1e))6,81()).[Z31e))f G)).,;31g[))& ()))K R8,'()M Hh)3
HW(-31N '/Ar1a9C(3
+(.B)))9$%*1781'()* ()-./01TG)3 /%m)6(01#-$?FB)K WRF()K 7R/)6 +;.(K()9?F1G)3,8
#IB)K ()M ()K (?(.B)9$%*1N
81'()* +F(ASRF(31G3,81WB%f'/I1R81#<%9C(31G&1#IBK(M(K
HG3,81WB%f'/I1R81WB%.8[K1\(3G31'1WBCBf1N (=R;$%&
2WBK(3'/)fB*1'1WB)KRg[S/J1,8By)%.1W,'B)C 'FB)A.R'BI1 531(.R'g[31R81±P8'FB31WBS(=(M
HHhI[J4BJ1'1W;.B?(J1(3,F4(Y1(:$?'(-31G.,81,'(P[S1(317B&1#:E-f1N81(-./0
H(?#.BK'/61#.'/0531'@31Š&R[C1+'/S(=1(M
HG31+,'(.8[K@31+,8'/MB*1#?R/E?F1GN O$%y31U,'(.1G31FBK(&R[C'B%&
Lw()3 HHÐ,FP41R85)M''81+,'().8[K@3(M1+FBK8()3 #)<I[J,/$%&1 e6,8Ð1oh$%N M,81,/$%*
Hp[KB.1;<6(&1R8(I(3B31L(M1(.RF'/3B*1#<I[J1,/$%&1e6,8
()))M ',F()6(38/C1()-./012BK,8F()6 h)?[31U,'1HHBK,8'()= 'pF/)C ,8R81T+FBK8()3
F()6 +@)3 R81>$%IB)K ()M HH(?R[-)fB*1 '(-$?8F,81oBK,8FR'B=1+5C1531ŽC,41U,'1T(.R4'QF
 ./0123$45,+67 ]‘"
\()))M +B&BIF()))6 pFBY()))3 B))))I R8,8RF1+5))C ,'())?#.By.(&1())M Ww())S'81U,'1(.RQF5))f
FB-.By))).(&1+()))6,/6,'(K1Ž))))<$%m0,81R8())6(K1'())* #$?/J())3 h))S Lw())3 HH,'()):$%.(I,8
,F'()J +5)C 531B:.''F,81(M1d#<$%y31(6,/6,'1#.B:?(f(M14R'1(KB0R'``1o#I(?'/I[J
H^^(?R81L,8F(3(M1e?;<NO3(?B&1+(Z$?F1\5I1(-./01TGA3
i()K p;.()= Œ+'/S()= #<%.R4(M1G31ŠfB31ef1p;.(=1#<%.R4(.(K1(CR81+(Z$%Y
Lw()3 HHp'()K,8F,8R'1WB%)9%.''F,81X().B.(I1 T,FB?8Rg[$%I1WB%-$%:f1'/S(=1dWF,8,/?8
G))3 ()))‡$%*BI1T,'(%.BK(:)6(3(S1#:)6RQF ()<%V31h?BS()I(31F()= dB)KB.15)3 WBS().BKB&1,'()*
HG3,81WR[J1deC(61WBbB?q1R81\(-N M(C1L(*17(J(M1R'(*1G31WR[J1,'‚(31WB‡%Z.,8
/-N
M())3 HHB))K,81N
k1#I,[_()). WB))‡r',41())K >$%S'8F())S WB))3 ())):$?4(3B.R81()‡$%*1#S(:)6
HG3(.1(‡$%*(31#-$%9%*1£1(K >$%6(K1F(61(:$?'(K,8
+BJB.())& ,F())A31,F,'15))I t())?(=1X;.())S FR4B))* #-$%:))6P81F()))J(*1\,'()* +Rg[)$?'
R8,[)))))341()))<$?/.1'()))M /-NM()))3 H()))C(SRF15)))3 #)))N
M5.1dLF())). #)))<$?/.1Lw()))3 HH#.B)))K,FR4B*
>$?8/))))6 D)))))%=15)))I B))).,81HHh?F()))6 ())).(K1+,81WBK,F,'BZ.()))Y ()))K ,',F()))<$?'(C#3
Hƒ.(?(JB.1X(K(:6P8(3
'()* F()ASRF(31R'()* oG)N O31#)$%&1 +8[K1R81N (J(M1#K(?(&R[C1e-$%:6P81dXB=1F(J(*
+5=())))3 šR/))))I,81B)))))?B*1Lw()))3 HHL'/)))3 \5)))C e)))$%M18[)))K e)))<S1#r()))=F,81+())).R'BI
†X8[K1X5C1#r(=F,8(K1›1\5C1X(.R'BI1'(M1,'(I,',8[K'(*
HHp'8,81R'B*1T(:E?'(f5C1,F'(J1+(Er1(S(*
He$%.,8PF1,'(<IB=R;$%&1#?,4(31dW8F'/3 N k1F''q(M1+5C1X(.B.(I
7()J(M1WB‹;.()v5=1Ž-)f(3(.12h?()-31@)J '(N OY1WBbBK(9$%KF(61(N M81(:E?'G&
()))))?,4R;.(*1'()))3 #:$%)))f R8()))?+',41L()))* #$?/K()))MÑ``1HW()))-31WR8F(JF()))6 R81WB)))?5C
>$%.B)?41 £1G3,81/-N M(31HHŒ†,'(:$%Z.F',81R81WBK(.B3,[y%S1/$%.(M1+;./I(3(K1p'(K,8F,8
#I(?B:$%)))))f ())))))M(K1+()))).B?4'F,F,41'())))M G))))3[I1;))))./I1^,'/))))3 L'8F())))S #))))f'/I(K`
Π,'/31R;?(&1,'(.BK(.B3,[y%S
#?,4())3 ())%.1U())?(-N M5&(I1R8+(K(<:)))E?'(f5C(M1()K +(:)E?'(f5C1'()* 5)3 +R'
ΠGIBZ31#.BK(.B3,[y%S1+,'(<IB=1R;$%&
 ]‘l !"#$%&'$()*+,*-
#))C,4P81a?'())* ()))?(=1#)-$%C,4P81FBJ8F,'F()& toµ/)J #)$%&1WB:?()f WB)%-$?qPF
H,''8[K4B61#-N M(C1531d#I(?#.B3,[y%S
#)9?;.R[S1+,'()* T8[)S ;).,'R/Cto#)I/J1 R8#?R'81(M(K1eE%31L(.B:?(f1'(M1F(=
Ñ^^'/31+5C1QF(S(M1+(K(?#I(.B3,[y%S
Hg[))0 #-$?F'())= ())IBK1+,81,'())P[S1F())6(31''4())3 ''412,'(<S(N
O)E31#.B3,[y)%S(M
ŒŽ%.BJB*G31FBJqPF1#(J1'QF(J(M
+5)C +()K(?#.B3,[y%S1FBrB*()M W4()S #.B)%1oG)3 WB):.BS41 F(61+8[?'1(?(f'1L(*
#.;.B|N
M/C())K o,[I'B))9-N
M(=1,'())M N
k())J ­))E?/f5C1#žB))SB*1())-./01TB)))K,81B)<%3B.
H^p',81ef5C1(?(6(K'(*
B=,'F()))= Th)9%<S1U,'1+().R'(*1TL[)J,8RF1#:)E?'(f5C1F()6(M1L5)C #)E_(.1h)S
Hhr,F1781'/S(=1a%.BK(<$%=R81TGN M,8N
k1+R'B*1>$%<$%=R81'/S(=1oW(K,8
#X/J1+R'B*1RFR4

!@+5'F4V+5

().R'(*1B)* oX/)J #.BK,;?[S()3 d 'B0F(31(?B<$%=1#-$%<%=BK(:6,81#.'/3QF(m$%I1RFR4

dWPg[)))3 R81WB%S,8F()))3(31XB)))S /)))9K1(:)))E?/$%&1Lw()))3 h))‡<Sq'81,;.())0F(=1Hh<%=B))K
F())))3(M1(.B%))))f(=1d())))?R;$%I1WB%.R'()))))N
MB&1a%.R'()))* 2W()))K(.F,81W¬$%K()))M WBI[$%)))9v
#S'8F()S(M1(?Ru)6 '()* +()N M5I1 p'(.B?,81,'(*1F(3(M1BY1H,'/I[JRF1+5C1R8(ž(-f(*
HW,;31FR4B*1(-?81#.B6(K1','(.(-31(K
HH()%.1WB?()<$?'1R8+FR4()•,8(M1W,u%0B). ,;)<$%=1dW,;.(=()6 #)<Sq'81 (.B<%=BK1'(*
#))))<$?/C1dh))S #))<$?/C1WR/$%.())M N k,' HG))3,81WB)):N OC1#))9?5C1R;))3 WB?FBS‚())& +,'())*
tG)3R81a%.R'()* #<$?/C()MB31tL()K(<$?/C1 p'(v,81T(?(=F(=1U(?+;.(?'(&1R83R'(*
H,'(:$%<$%¯1+;.(S(_,F(f(3
#-$?FR4B*())3 #:))6(=1R'8())3R'81H­))9?PF1d;.Br()))I WB)%$%I1WR'()*(K1R81#.B)9%&1RFR4
'())3 Ž?,4())3 ,'())K(?‚(M1o#))I/J1d+5CF())6 ())IB=1dX[))JRF1F())3(M1+5)))C '8[)K ŸI()3
()))S/31#I,'())M \,'())* +RQF,F())6 TL())K,81N k1WB%I,[_()). \())<%AK(?1dp81R8()).B<%=BK
 ./0123$45,+67 ]‘…
R81WBK())<%=BK17())J(M1,;.()))0F(=1T,'/)I[J1,'()?#.B5M81()3 L'/)C 8RuS,8B)* #S,8'B)=
R81WBy)))%Y(M(K1W()).B%?;.(31'())* WBK())<%=BK1R81h))S +QF,'B3())M ())-./01L(:))f(01FR4B))*
dX5))K \())6(K1'()))* F()= HW'R[)K p81+()= ','R[). ,/)$%&1WB%.8[KQF()& #)CR81(.B)9%.
()M Ÿ):?[31WB%)9%.BK,@ž41dX5)K HH,/%6B.1WB?5C1+F(K1FBJ4QF(3(K1W''8[K1+@ž4
FB))J4F1'()))* e)6,8(M1dXB)=,81>$%K()? ()J45C1H˜).P8QF81+()Er1'().B.4PF81+FB)Jq5SB*
ŒHHW8[K,81+FBI/r1WB?,F(K
+()))JF(Y(M1,'/IB)= R8xJ()3 WB)?B?F,81+().(IF(_ R81>$%IBK()M ().BS'8F(S1()‡V%31'()*
4()S/I1T+F()6 (I(./?QF(&1R[$%C1BY'(*1HH,'/I'(K1F,8,'1N k1WB%K(?(JF''81R81WBKB?F,8
Π,'/I'(C1,'(.BK(M5&(f1F(6(3(K1W,'(Z.(=(.1'(*1#:9&1F(6(3
'B)))& 'F()))6 G))))3 ())I5K1d+FB))Jq5SB*1#Z.())=(.1+,;.,'())* >$%Z.())=(.1D))%=1G))3,8
e))S +5)C i'/.,FB)0 R5WB?/$%.()M ()K G3()= #)6[I(S1WRF,'F()& WB)?q 5)3 WBK()%N MB?(C
'()).‚1F())= dpu))C,8RQF a?'())* BI,'())* HHŒ†p8BJB*())3 ()))K(Z.(=(.1+()IBK'(*1B)I ,'R8
HR8,81#.BK(S/-$%I1,'B.1WB?8B%<31'(*1#:9&1F(6(M1#-$%N Mu.(S
+'B))))). dW''8[)))K WB%:)))6''F81WBK()))<%=BK1()))K W,;)))3 ())).B?BZ$%Y1'()))* #žF()))6
B?B*1HG0,8F,81N k1WB%fg[&1531d>$%I'(-f(*1;.(0(M1Ÿ:?[31B%.(I1HW'B.1N k1WB?(E?(.(K
R8'/3,'g[01#-$%f(K(M1dR8(.B.4PF81(?#KB.''QF '(*1#?B-6'[I1[$?q(M1WB%J(K1(?GY(3
€P[)))S o()))N
MR41R;))))$%I1+,QF,'B))3 '())* B%.())I ,'())9?‚1'())M HHG))9-37(=1(:))6B*1'())* 5))3
+,x?()&(O&1 (315.q(*1F(6(M1L'8F(S1(:$?QF/¢1+;%*1TG31WB•R81'B-31FR8(K(M1,'(.R'BI(3
ΠHHB-31a$%K1+5C1R8^F(-?(&`
'())* ())bR'QF(.1'()).´$?'G31#.B))K''[I'B01()))S,;31n.F()6 ()K ,Š)fB3‚(M1L,'()* h)S
Hh.(?(J,8RQF W¬J1,/$%&1d+uKF(61(K1+(.R'/:9%.1,'B0
#.B)))).417())=G&15))3 +()).Rx?(&1())M d())* dh3B))<$%=R81+(.BI'(-))f(*1'())* G))K G))3,8
,'(N MBSB61+BJ,/O%Y(M(K1h3(.R'(*1+8[-:6,81Gf,81+(*1HH†h38[K14B61WBK,FBK(35I
Π,'(.8FBf5C1',8F(&1+/?8(.1531G38[K1WB?,48
()))K +()))IBK'(*1F()))J(S1HH,;)))).,'R/C1'())* +BZN Mu.())S 5))3 ,'())‡$?F(JB.178())3 +;))%*
+F()3(M(K1'4F8()M dGr()0,81$#)I WB)%.B§B*1#-)9%I1 dh3,81ª(&dª(f1WB%.BK,4(S/J
Œh$%.,8F,8,'1F(61WBK,F/61(N Mw/J15&15&1,'(.B%.BK,'BC''F1,FR/?8
 ]‘’ !"#$%&'$()*+,*-
\5))& \,F1WB))?5C1dh))?x31WR''8[))S +,'B))vB&1U,'1p'())).B?,81+().B<%=BK1'()*
k1WB?8()))”(*1#I'/=())).QF(=15)))3 Ÿ|N
N M())))I d+FB))Jq5SB*1+x$?'B))K ()).'(K,8(K1T,''8[))K
Œ,'(:$%3,8'´3
()))))f,QF ÇRF()))))r(M1())))))?B=,'1,'())))* U,'1TG3,'()))).BS/S8F(S1d())))* >?u.())))M G))))6(K
HG3(.1N k1p/J1#V%=1WBr531#<%ZS(•1+,g[r(MdGA:9%.R81,'(.BK,FB3''QF
#:)))E%31p/)))J B)))3,81T,'())):$%r,g[31WR'()))* +,8''[)))6 '()))3 Ž))$?/J1())K,F(J1L()). h))S
5))C ,F())KBJ4QF(31QF,'B)3 L()K,81L5)C #)E_(.(M1Ž)K/c1B)6'(*1W()-31L()-?81#-$?8''[)6
,F()KFBJ4F1'()* #.R/I'()K h$?/)f p'()KB.F,81 531L,'(*1(-./012G<$%y31WBK,F(K1eC(3
Hh31FBI/r1';.(SF(_,41B:E$%*BI
()K(M(ZS'8F(S1G).R/:31#).R/Y1 F(=1G3,81TŽ<%31WB%31#NMBY,QF1dX''QF(31L,'(IR'B*(3
h.R/IB). dW,'RFB)f #-$%IB)6(JF(S1+8/)C WR'()* Lw()3 †,'(IR;35=1R8#.B‡%f(&1+‚(3
HW(-31a$%K;.(S(K1R8QF,'B31+‚(31>$%6(K
,'())?+8R4B*1#.B)§B*1()M WB)?5C1().B<%=BK1'()* #.RF()K FB)J4F1'45)6 781#:)6RQF(3
'()* #I()?B.R81HX()¤?FBS1+FB)%.R41+B)Z$?F1WB)3 (I5:EC(.1WB%0Br1u%JF(=1dW/?4(3(.R8
,',;.,'R/C())M WB))%01WB%I(?B:$%))f +'BI()))3 2()?‚(=1‚()= #-$?'R[<)0 #)$%N M,81(?(:)6,8
WB)?5C1QF()S(M1#?B).R81 +5=(31HH,''8[K1PQF(&1d(<%&1G31WB?,'R[<01'(*1GA<I'(K ˜<0
#K(?())f‚1h<$%Sg@))3 R8())S5J1'())M ,;.())0 TW'/)3 L/)|.1R8,'()<IB=R;$%&1#?,4()3 #S5J()M
HG0,81de$?81,'(?F(6(31'(K(S5J1F(61(<$?q'B=,81+F',81dW(K,81(N MR'(c1,F'(J
U()))?(M1a%.R'()))* TF()))3(I,'R81WB))))?5C1#)).RQF '())M(J1,',g@r())3 ()).´$?'1(.R/))f '())*
(<:)))))9?(J1()))?R/J1HH$ƒ)))3,81,',4F()))3 N k1WB)))?,x%r1'RF()))= ','())).'(K,81G)))I ,'()))<$%M(K
'())* T+(K(?#:))6RQF H())?(•,8(r1,',F())3(Z.(I1L())* +())Z–$%31()))M qPQFR'81#.BK()I(_F,8
WR'R[)_ WB)%.''F,81,'()I,'/31>)6(I1WB%)f5=1 dW(K(N M,qB*1#K(?(IF(K1\(.´$?'1(.R/f
H,'(:$%3,81q[K1a%f5=1'/31WR'R[_1W''F,81a%-$%IBKF(=1T,'/3
'B0()M (.BS(*1T,FB?81WB?'B<$?/C1#$%&1h$?/f1,'(:$%317(=1WB%0Br1R81>$?F,4/J1F(=(3
()K W()-31,'()* +[$%)_ (K(M(ZS'8F(SBI1HHW[J,8F,'1\''[61d(&F/C1,'(.;.BK(I17(=
#:))6RQF F()6(M1#=R'()J h?Š&R[C()K ,'';.B)SB_1WB?(). H#:)6RQF F()6(M1,8(?B)f h)$?/C
[))=,q1R8',g[?())& d+FB))Jq5SB*1h?Š))KB&1F())6(31h))$?/C1()))-./012()<$?/C1#).R81#=R'()J
#:$%f1d+FR'(<%K1F(61(:$?QF5J1WB?,81d#<$%-I,8
 ./0123$45,+67 ]‘
+5))))C R8#.BK())))?+FBJq5SB*1'B<$%&())))M +())))6(K1'()))* +'R8'QF()))M p'())).BI,81B)))?B*
L())))* #SB))))ž,FBK1B)))))?B*1HH†h)))$%<317()))= #:)))6RF1F()))6(M1()))ZN
M(31,',[JB)))* ()))I,'R8pg[_
#)E_(.1+()mN OK(M1,'(.B)6@J17()=(3(K1+,QF,'B)3 '()* #SB)ž,FBK1()IBJ,81()?+FBJq5SB*
'()* hI'()K U()?(31'/3F()3GI[JB*1#)-$%N M81'8FB)6 #-$?F(61F(J(*1HH†,'(:$?'(K,81+5C
L()* F()6(M1G)3,81†F()KFBJ4F1+45)EN M81 th$%N M,81#$%&1#-N M(C(K1G3,81R;?(&1(M'/M,8F(J
B)3,8'B.1WB?45)6 78()3 (J1+(.R'(M1[I1;<NO3(?B&1'[I,8RuCBY,'1+8F(S1;.(01(?+',4
U()? dW'/)3 7B)SRQF1 #K(?(.(IF(_1;.(01\(.R4561781,F(K1FBJ4F1'(*1HHŒHHh3'/31R;?(&
H+',41F(61(I,''8[K1WB%N
M(=1U(?1+R'8(M
'()M X().B.(I W()-31FB)I/r1 WBI5C1(:E?'G&1h?8R4B*1+(Z$?F1+R;?(f1F(J(*1Œ(<?R[3
+',41F())6(M1wB))3 #))P[S1pFB))Y HWŠ.4())S ()).RF(KFBJ4F1,45)))6 781'()M(K1\(.B)6(K
T'B))%&1(K'/)))6 d'B)%&1()-VJ1d'B)%&1().4(S1()bR'QF,81','/)I[JR81L5)C H,'/I'()K(.F,8
+FB))))} ()))Z.(.1()))M Š)))& WB?()))K(.4(S1,[)))Z31HHh.B)))EK(?1dX''QF L'B)))0 F()))3(M1#0()))K
HŒ†,'¬J1,'(.B%%S,8B*
#X/J +R'B*1RFR4

!@+5BEF?'G
a)?^#).R/Y`1+()m01,8F'1HH,'():$%3B.1B)?F'1G3(). (-)6'[31,F'()=(31 e6(=1(:E6
ŒG§,81WBK,/%.(0RF1de?41(.B%J1B%.(I
+RuKB)))& +B)))rBr1()))-$%<%.(-$%&1+B<))))fB*1Ž))$?/J1,'())‹FB:_,QF1UB))& +(?B))6(M1Pg[S())*
H,'(:$%3,81;<NO31N
k1^#.R/Y`
L(?()))Er1L())* ())-./012p81WB)):$%&1+()):N MBJ1h))S +[•B))* d#)).R/Y1Œ(<?;<))6(&1+())*
WB))I5C1+;<))6(&1±[))). +R'R81#0#N M()SBS1U,'1``1oe)E%31L5)C QF()S(M1+()K(?#.R/Y(M
H^^W(K,8
\R8B))& +R'R81#0())K HW[))J,8F,'1WB:?;<))6(&1()))C[.'B=(31,/)$%*1Œ(<?;<)6(&1+()*
#)))-N
OS1()).(-31WB))§B*1#.BK(<$?/))f +',41+B))Z$?F'BZ$%Y1#IB3())M B=,'F())= HHŒ†W())K,8
4P@))& R8#?(?())9%S(=1d#I())?R[S(.(M1WBS())I(31())9%S(=B.1+())).BS,41#IB3()M HHWB)I5C
Πh3;.(S
 ]‘ˆ !"#$%&'$()*+,*-
\R8B)& (). '',F()6[&1Nk1(). oL()K,81,'()* +[$%)_ #-N
M(C1(-./012(<S(M1WB:rF1,/$%*
dL()K,81+FR85)C ,','(.R81\R8B&1+,FB3(M1+(K(?#:6RQF Ÿ.1pQF5J(M1WB%V%=1,',F,8
#)fB3(3(K1(%.,'(:)6,8(31+(:)f '()* #I(?R;<)6(& +8/)C oŽ)$%N M,81 dLPQF,81[I‚'(*153
H,'(IR;31+5C1#E_(.1#:fR8B&
WB))?5C1R81>$%:))f'/S(=1#:)6(3(S(M1T\R8B)& 'Ru)6 +,'()* F()3(M1ŒWB)KRFB*1;<)6(&
L()K(I'1G)3,81 Lw(31HLFR4B*(31781FP4t,'(.B:.''F,81#CB.1(I(.'RuC1/-N M(31HH,'(I,'B.
G)N
O$%K,81+',41h)6BJ1W5)0 B=,'F()= HH,'(.B)E_(.1 '(*1(:$%r(V31+/$%K(N M(K1#CBf1U,'
WB)?5C1()I,'BV$%&1WB)%%01WB):.'F,81'8By)%.1 TB31ŒB-31B6R[¤61WB:.''F,81L(K(f'1G3,8
d#:)))))6RQF TF5))))))C #-))))9%IF(31())))<$?[C(.1#I''QF())))3BI1HW())))¢ +F,8,'1R8F'/.F())))3(M
())3 ,'BS())K ,Š))<$?'BC1,'())M N
k()))J WBI(<%r(:)6RQF #)IR41H,'():$%3B.B%Y1R;)$%I1WB):%?Rg[S/J
G))& WB))%.BI5C1'R;))3 ^#GKF())ASRF(31TpF())6(3F(61T\R8B))& TRu))6 T()))N M5I`1#.BK()f'
#I(?R;<))6(&1p',81\5))C +5))C +(KR'B)6 >)?R81+(<)f(0'(31,/)$%*1HW()-31():C/&B.
#I()?B-?R81+45)6 +,'()* F()3(M1>)$%-?R81(.BI'/:)E%31()?B*1 Hp',81\5C1WBI5CQF(S(M
ΠB-31\R8B&1+R'R81(?R;$%I
HH†()%.1 [I1u?4B*1WB:-$%:f'/S(=(M1d(%.1WBI5C1#IR41F(=1WBI(K(?#I(?R;<6(&1(?B*
,'(:$?QF'/6,81(<%AK(?1d$ƒ3B.1g[?$'1'g[$%J(K1(?(IR'B*1(|N
M(*1'(*1F(=1WB:9?4R/C1''4,FB*
HU(?(31,'(<3,81+BI,F(61dBI5KBI
+8F())& (K(?,[$%:)))6(*1#%KB).''QF U,'1G)A31R;?()& ,'(.B:%I(?R;<)6(&(M1>$?FB)K F()=
+5)C +(JQF'/)6 R81W''8F()J(M1+()K(?#KB.''F1B:)9$%=1 dG3B9K1R8F(6(31+,'(.Rq/K
WB:?;<))6(&1(-))9%I1(<))f(01'())3 F())= H,'(:$?',[))E31R;)))%$%I1G3(). >$?F'/<)6 dG‡)E3
#.'/3R'B))))* d#))))f(K,FBK1#?B))))I5K1+R'81X())))).B.(I1HHG)))3,81X,QF R8+5)))C +()))Z$?QF(3
'()?(<%AK(?1 #-$?FBK5C1#I(?R;<6(&1+,'(.R81>9%I1(-./012R8,'(.'/0@31#.By%Y(M
H(?B.R8F(6(31#.BS(.1+,8F(&
d()))%.5SB.1#-$%:))f ())S(*1HHG))3 WB))I5C1#))IR41+,'()).R;-$%M1WBI(K(?#I(?R;<))6(&B3
().B%J1+(<%r(:)6RQF +FB)3 ()S(*B*1Œ()<?;.(v5=1 ŒG.QF5.1+(S1iR[K1d7'(K1#<f(0(3
())?#:?[31^#I(?R;<)))6(&`1()K W()K,81()9$?;.(*1R'1i()K p;.()= Lw()3 HH (.BI(K,'RFB)f
 ./0123$45,+67 ]]‘
k17B?()))))C '())))* +FR'B))))= a?FB))))Y FP41HHW;.B))))f,'1#VSB))))r [))))$?q1+,'()))).'/3q[K(M
N
H,'/:E%31WBI(.R'/:9%.
'8R81HW()K,81+8()3 #I(?R;<6(&1R8t#?R/E?F1d#N M(S(It(M1(?R/C1>NM(C1'(M1>$?g[3
R8GI/K,4'().,'1()M B)6'(*1H()?B.BJB*(31 R8(.1>9$?'B31WB%rF1d#<JF4BI1(.R'(*1#I(MR8(}
h_5N
OJ,817(=1WB%.BK(6F/r1,'/N O$%&
()<$?u?[IR81,;.()0 TW()K,81D)$%&RF1WB)? ,',FR/)C 531WB%.BK(.B:?(f1L''8F(S1p;.(=
'B))I WB?FBJ8F,'F())& +‚5))3 WB?())6BI1dp81+())E$%N O31WB))%.BK,'B01+()))r,41,'().BK(N
MB0
HHG<$%:6,8
'())Z.,8F(=1TW())K,8FR'B=1())K ­)))E%3,81().R/$?u31F()6 '()* #)Z.,815)C Œ(<?;<)6(&
H^^(?#I(?R;<6(&1F(=1d(?R/C1F(=1G3F,8(31hS1+,FR'(r1(M1+,'(*``1oGN M,8
dW()?FBJ1+G)NM,81F()= T,',F()3 ()<$?81,'GI/K()SF41#)6F/r(31 (M(ZS'8F(S1'(M1pg[3
())<.,x31WB))%S,81())K,F(J1WB?()). ())?P[J1L())* T,'/))I[J17()))= WB?8F()3,FB31R8/%)f /$%.()3
+()).R'‚1d())Z.RQF(M1())?#:?[31B%.())I #I(?R;<))6(&1R81WR'()))* +'B3()M 2,'(?#I(?R;<)6(&
HWB%.BK(?FBJ
H>0()-0(31 BK,81e6,81dp[K,81a%SQF/r(K1h0,81>$?[$%SxIBK(M1WB?(K1#-$%=P[J
L5C()3 \()3 HW()-3[$?8'B*t#I(?R;<)6(&t())3 WB%.BK,[$%SB*1(N M'/Y1p'(.B?,81\(.R'(*
+[3,4()3 GA:)9?(JRQF +G)& Ž:)6,81G)IBK1F()= L[)$?/3,8RF1().R[$%Sq1XB)K '(*1#.(‹8(3
ŒBS(61(IB¢1N k1+(K(NMP;.(31,''8[K1N k1LFP41','R8B3,F1N k1ŽK,F(AS,41W8[KG&1(:N MBJ
GN M()3 HH,'B). 7()= N
k1WB)%I'/M1 ,'(-$%I(MR8(}1(N MB|ES(31X,FB3(61WB?(-?81#-$?;.(=
HR81WB?'B.()))M ,'()))IBK,81n)))<r1+5))))C ,'())K(?R'1R8/))$%K1F())6(31WB?())I(MR8(}1())-0d(*
>$%.By))))%Y1dWB?5CF())))3 ()))))I,'R8RF1WB%-$%:)))f '/S()))= R'()))* TG))):?,8,81WB%žF()))6(K
G)))V3F,81L,8())))M WB%?;<))6(&1e))f',QF +,x))$%31,;.())0 HHW())K,81L'/))|.1+F(ZS(:))6(3
U,'1t,'B)<$%=1GY()3 Ž%?R/C8R81#I/J1WB%-$%K(?1GIBKF(=1T,'(.,8,81(<$%r[r1#.R4,8R'
^^Œ,'(IP8[K1L(N M5I1hS``1oGN O31(K1(?R'1,'(*
7())= WB?4())cB.1+'B))0 ,'(?#I(?R;<))6(&1+(?B))6(31p'()).B?,81h-$%N M()))S5K ().R'(*
k1G)& +4F()35C1#_‚,'()* W()¢ #K()& dW,;31+',4(M1(K(M(ZS'8F(S1,;.(01HHhNM5-3
N
HW,8,8
 ]]] !"#$%&'$()*+,*-
W,8,8QFB)Y R81a%IB)K WBS()=(M1 HpQF(J,81Rg[$%I1WB?(&R[C1'B.(J531U,'1i(K1p;.(=
F())J(*15))C HH,'())<<$%K(I,81WBK,[Z&())r(M WB%))f5C1/-N M())3 Th.,qB))). ,'()6(K(M1L,8()K
()))K(?RF1R8,'().R81dh)I[JF,'1'B<$%&()M d#).'1(<$?/)f 5)3 R'()* 'B0F()3 ():$?[¢1WB%K()?RF
HW(K,;$%&1+FBK1X(N MR'QF(31WB?1HHW[J,8F,'
TWB‡%*())M ())-$?F5Y1#I(?R;<))6(&1())K ()))?R'1WB)?QF,'B31dW[JB). ()-:$?/I1/)$?u31p;.()=
W'R81WB%:)6,81 (mM1dW'/IB=1R81U50(31R8#I(?R;<6(&1'B<$%&(M1R'(*1+QF5.,81WB%9$%I(K
78())M WB%I(?R;<))6(&1d())%.1,',FB))K '())3 WB))%%-$?g[_1D))%=1,'()))9?‚'(M1TR81U()? F()6(3
k1+FR41G))3,81'(?()))Er1#I(?R;<)6(&1oh).R4,8R'1W()= WBv()-?81#-$%N
N M()S5KŒ,'RQF()J(.
u$%)))= '[)3,41()3 ()&R[Ct(:)E?'1$#)& ()K ()?(=1,'()3 WB)?QF,'B31,'()9?‚'(M1HHp[)-31;)./I
Hpº3‚
(:)f ().g[3(.'B0BI1HW()= R81€P[S(M(K1W(KB.1(.B?wB31(I(¤%61'(31UF,81+81#-$?g[3
())=P[J1L())* +;<))6(&1e))f',QF ())Z.,QF '())3B*1H8B))? ,'())I(?B.1WB%I(?R;<)))6(&1WBK()Su.
H#0,8F,81,'(.B%.BK,'B01#A?(}(M1WB?1HH,'(IR8,81˜.,QF ,'(.B%?QF5f'B0(M
,'())))?‚(31d#I()))))?,'(.8[K1e)))6RQF #I'()))0 d+FB)))%.R41+B)))%M/C1()))?(=R'1#)))P[S
+5)))))C +,FR'()))))r h))))))3 'F())))6 p'())))?,81())))9%S(=1H(?(:))))6R/C1'())))* #I(?R;<))))6(&
Ÿ<%3,81(Z.,QF '(31B=,F(=1H#I(?R;<6(&1G.,81'B.1+,4(c1L(*1a?'(*12,'(:$?g[$%ZAN M(=
#.'/3())))))=(31+QF,'B))))3 ,'())))?5C1+,FR'())))r #K(?())))f5J(M1WB?())))K(?F(=1LBž(*F())))6
HHWB)?5C1().(K,8''QF WB?()&R[C1'()KB01#<%)6B.15)3 Ÿ)<%31 WB%f,81T(?(=1#I(?R;<6(&
oG)))N
O31WB)))%$%&1/K,'B)))I 2,/?4()))3R81(.B:$%))))f '4B))AN
O$%_1'())* #S(YF())6 +‚5))3 RFR41Lw())3
#3())K ())%.1WB:))f,'(*1+B)).R/I1dh.R4B)). N k1#))V%=1Rg[))-$%I1,'(?#I(?R;<)))6(&1+,FB3()M``
+,'(.'/Y1+'';.BS1,/$%*12,'(IB-31WBIFR;$%3BI1WBI‚(I,'/IB=1,'(*1531F(=1RFR41H^^h.R4
W())?‚(M1\RFR41HW''8[K[$%))_ G))& WB))?,/$%*1WB))K,4BAO$%_1de$%))f(K1W()).BI/J1())).5K1'()*
5)3 HHB)-31WB)Iu$?F1p/)J ^#8R81T()N M5I1TGKF()ASRF(31TRu)6 T\R8B)&`1 #.BK(I'(M1,'(?5C
h))3 X''QF ())K WB))K,FBK1#)).8[K UB))0``1oh$%N M()). +;)))%*1dŸ<$%y)34R'1()?(I/J1L()M +,'()*
^^WBK(:6(3(S(M
>?R8())))K +())))Z.,QF '())))3 F())))= T,'()))):$%A31W''QF R81WBK,',8[K())))M ,/)))))$%*1#)))IR41B)))3
HW(-31#I(?R;<6(&1+(6B<$%&1(?,'(.R;-$%M1L(31+;%*12,'(:$%Z.F',81R8+(KR'B6(M
 ./0123$45,+67 ]]
,'#I(?R;<6(&1+,FB3(M(K1ef1h?[I1u?4B*1HHW/%.QFR81N k1šBK(Er1+(3FP41#:6RQF(3
U,'1())S'B0F(3(M1R'())* HW8[))K X',41Ž))$%M1h))S 8[)))K,81+,'().'/Y1()3 WB):?4R'1d™?()K
,'()))).B:.BK(?+FB?1()))))3 WBK,'RFB.()))K d±''QF()))M WR'()))* U,'1HHW(K,8(:CB)))6 WwR;)))<S
dW'';).Rg[_1e)6,8(M1 #.BK(?+FB?1','(I(.'/31WBIFBZ.,F(31>$%M5&(f1#0(K1HHW/%.(C
Lw())))3 H()))).BIFR'B=/IB=1()))).wR;<S1'())))* U,'1\B:))))E$%*1B)))))I HH,'()))?#N
M5K(31#))).'/I[J
WB%<%)))9C(.1#_,8()))6 ','()))<$?QF(J,81,',4B)))I #?FB?()))3 ()))-?81#-$?FB))))Y WBK(M5&())f
HWx$?QF,817(=1L,8F(3(M
+(S,8F())6 '())* †XB))K LB))K Th3,8R'()). 781()).wR;<S1'())* U,'1ŒWB)))%$?QF'B=1\,/)$%*
HWB:6,81F(31(IBC,81WB:_,8(61(<%9C(.1^(?u¨:MR`1\(6[&1dG3,81WBI(6[&
#X/J1+'B*1RFR4

!_eL+*!]0E*'634?

+;.(A$%))6 Lw())3 HH(?#.BS8B))f d#))f5C1+,'B0F())6 +5)))C 5)3 #.B)J,;<?41B%.()I

,u%KB))& #-$%:))f '/S())=(31H+'R[)))=,q1#K()?(M(J5Y1():$%3,81,'()?+8FR/C1,'()?p/K(M
WBK())NM(&(01#%)fP@61,'(-)9$?'B3(31+().R'BÁM1d()* #<:?8()3 Lw()3 HHG3,84B)6 Ž¤?()K
d,',@31#CB.1(.g[3,81'B01dW'/IB=1(.BCBY,'1B.1'(*1H›,81WR[JFB31dR'(I1W,8,81QFBY
HW(K,81G&1Ž%N MB:%I1d,'(.,8,81˜.,QF WB%.BK(<?[fB.1,u31R8+,'(<3(M
())).'(C1(.BSF()))fG31HHW''8[)))K j))))%&1WB%))9%.BK,4P@&1,'B))* WB))?5C1#N M())&(0(3
+[)))=,q1#.B)):N
OC1WB))%:¤J1d+x))$%A.R/Y1X()).B.(I1T,'()).,8,81N k1+8B))f(31WB%.BK())N OC5&
H,''8[K1WB?5C
','()IBK,8N k WB?u$%31,g[J1'(*1HW[$?8,8RF1[JB*1531WB%.BK(<|%M1(NM81WBK(?+;.(A$%6(K
HHG9K,817(=1;<N O3
d\5)))Y ())):$?81+5)))C 5)))3 ())).B%J1#)))0 ,'())<3,81>))?u.1[JB*())M WBK(?+;.(A$%))6(K
dLB)))I W,8,81,'())).BK,/%S(M1e)))6,81WBK(?+;.(A$%)))6(K1HH,'())):$%3,81wB))))3 dG‡N M())=,8
():C,F81().g[3,81WB?'B0()K HHpQF(J,81$#I1WB?RF(f1dh3,81h|%M1d#0,81>$%I1WB?(SRF(3
Œh3,81>f'1,'(9?F1d²,QF (M1WBK,FR8F(3
 ]]! !"#$%&'$()*+,*-
#N M()= 8()3 #K(?+;.(A$%)6 ,'/3,'()* F()3(M1 ,'B<$%=1#.BJ,;<?4(M1+4R'(K1i(K1FP4
,'/:))E?'1+()). ‘','B)))<$%= N k1+4R'1+;)%*12,'/:)EC1'B)0 F()3(M1#.B)?q1WB)? ,'/:)fR8
HG31^WB?q1+,/%S1'[JB*1d'B*`1+FR;f(31R8+;.(A$%617(J(M
/$%.()))M ','/)))I[J1R8,g[)))J +'wB)))f F()))3(M1+5))))C ','/))3 WB))3B%31#))N
O$?'1,/?QF())& FP4
(.R/))))f(K1G))))9%<3R81,'())))-$?'R@31hK())))M ,'/:))))E?'1+())))). ','B)))?q1R81WBK,F,'())).BY
,/))$%&1WB))%%<-N O&1dh))-N
O01dW,8,8175))S F())3'F',8(M1+())M(J1,'()))<?g[01()3 WBK,Š)f/c
H,FB?8
L())* F())6(M7BSRF1'R4,QF $#)))3 #)6(K1T+',41F()6(M1WRF'()= #)I/K1,4F()I #<)f(0(3
#)))6'(M1'/S,8()))3 ())))r(O$%&1'/3,'())* F())= #))9%:6(3(S1T7B))S/$%K1())I,'/I'(K1())<%S,4
H(?(.1,'(K5MBJ1(M1WB?(|.1+;%*1dGN MB¯1R81WBK(?+;.(A$%6
d#I()?B<Sq'81()3 #:E?/$%&1WB?q1(K1›R8,QF,'B3'(M1o(%. \5CB.1deC(61,'(S‚(3
WB)?q1Ž<$%©()6 #3()K ()I(z,41 #-$?FBK1,'‚(31šB?(S(*1Lw(31HH(.'/31;%=(f1d­f/K
Œ(9?;.(A$%6(31#:E?/$%&
,'()K'g[053(31+().R[JB*1'()* '().B%?'R[=,q1()J'B01 '(31#:E?'G&1#.BJ,;<?41(?B*
h)?q1#.B). ()M(K1()?(.BS[K1'()* d().B.'(C1(.B:?()f '()3 #:)E?'G&1WB)? †(?(=1h$?g[J,8
Πh$?QF,'(M,8tR8
d#I()?Rq81+FB)3 /-N M()3 HH#I()?B<Sq'81():$%3B.1Th)S531^#?()I4(J1WB)?q`1 ,'(<S1+‚(3
H(?R81WB?q1+u$%3'u$%r(M1sFR'q8

,FB)Sq1FB)= +BJ(CB)f U,'t,',QF(&1F(61+(.BC(M1(K1R8(.BS,8F(61'(MB*1oŸ.Ru31WR/S(=B31 ‘

#-)))))E%_,F1\,4R'B)))* G)))6 +R'()))=(31dW8[K,8wBK()))? WB?8F()))S #K5_B))). X'()))c d\()))f
k
N #I(6[_1(.R8F(SB.1'B%6B.1(.5K1#K(?+;.(A$%61R8(S,8F(61'(MB*1HH#§,81WB%.BK,@6(K
HH'/)3 W,u?()& Ž0B)r HHX[)J L'RF¬)J XF/)K,[_1#K()?,'BS1 531H,'(Í,81(%¤I1(.B=(JB.1dŽ%<%3
Œ†XB=1N k #-E%‡$%I1ŽS,8
oX[JRQF L5C1+'B0F(3(M1Ž‡-?R81#Z.(3(f1''4(31''4
#)<$?'R81HHGY,'()IB=1Ž0B)r T;.B&[I1R81Ž$%&1[$?q(M1+FBJ4B61+'B%.BK1+,45J(<31(.B6,QF 8B?[_
+'RFRq1',x))r 5))3 +;))%*1TR8F,'1ŽS,8())M +4P@))& #))0[&1HHµ[))J #-))E%_,QF +F()))3 ';.BI'/)6
H8[K(.1+(.(f(I1u%JF(=1'Ru%JF(=1(K(?+;.(A$%6
!/V(-
 ./0123$45,+67 ]]"
L,'(.8[K@31'@31G38[K1+8(31R84QFBS1#?;.(A$%61+(OM(K(M1Ž-$?@3(-01(K1FBY1FP4
HWR[J1#-$%M5K (I,'/31N k
#.BJF4B3())K '/))3 'B))<%3BI1Ž))$%M1dŽ:))9?(J1Xw())6,81+BIR'())M R8,FB)JqPF1L()M G)IBK
Ž:))))9&1#I,'R'()))))I(31,'(.BK(?+;.(A$%)))6 W()))?‚(M1())).8[KG&1R8'()))6 'u$%=()))3 ())).8[K
''8[))3RF1#.BK())•B.5r(31BY'())* L'/))3 +;$%S/*B)). #)))f'/I1H8[)K 7()= WBK,FR;.BSF()_(M
dWB?()3 RQF()K(•B.5r1''8F()=(M1 (-./012X[J1ŽS5C1#I'/M ;./I1d;.Br(I1Ž$%I1R8'/IB=R8
H,'(S8[K,8'´31R8F(6(31WB%.531(.B?5”(J1#.;.B?(JRQF
X[))J FB.())K L5))C dF())6,8[31L,[))_ #-$%.B))?q17‚1+QF())K +[)))$?/K1#-$%:_().(K1U,'
HL(J(.1WRF,4/J1#.Bf5C1#IBK(M1#.BK,FR'(M1d>OK1d+@S1#.BK(?+;.(A$%617(J(MBI
F()))))= ,'(<:)))))6RFB&5C1e)))))6,8(31#0()))))K HH'/3,',4F()))))3 h))))))S +@))))3 ())))O&1())))O&
,'BS()0 #)-$?[$?/K1#.B)?q1HHB)K,81N k1#?R'(). 781+4R/)C R/%=(31B%.(I1HH#I(?8R;$%3'8R8
'u$%r1(M1#<S1>$%:f1£1HH†Œ,'/IB=1N k1Ž%01,'(*1pF(*1Œ+QF(&GI1R'B*1R8+(KB6(}1F(6(3
()).B-&P[I1'()* 5)3 Ž)%.R/I1W5)0 ,'()* HH†šB)K,'B01,'(:)EC1#KB).''QF '8[)K FB)I/r1u$%)3
HŒ†h3R8(.1WB%.BK(?#.BK1,4F(31+PFBS(J1WBK(?+;.(A$%61dŽ$%9-317(=
()))%¯;.B?(J1d›R8$#)))& +u$%))))= d›;)).R'QF N k1#N MB))3 ,'()).'/A$%M1ªF1+8/))C #))$%NO315))I
+()))). de))))$%31T())))-I'/M1WB))))3 (S'B)))))9K17()))= #:)))6RQF(31HH†WBK,'B0F()))6 +BZ<%r()))I
HX'(K,8(.1e6,81Ž?8Bf1d#f5C1+,'B0F(61T(?BSBA:9?(J
7())))= Nk1Ž?8B))f d#))f5C1,'())-I'/M1F())6(31R'())* HH,'())‹4P81G.BI,'())* Œ())<?R[3
dG<$%-)))931G)& +5)C #):$?/<%I1G).R/I,81€P[)S ()K +(<$?/)f '()* (‡:)9?(J1HH$#)N M/r,8
Hh.,q(.R;$%&1#S,81a%.BK(O?g[$?/C1(?+;.(A$%6
+(?())))6BK1'()))))* Tpx$?'B)))=,8F,81WB%)))f5C1+;./I()))3 Œ/%r()))I +,'B0F()))6 +()))*
Œ,'(:?(K,81#N MBI(31'/38[K1Xx$?FF(6
5)3 L()K(N M81()-./01T,'()¯ >?u.1e$%M15C1'BK(31Ž<$%y3RF1L5C1#3,81Œ,'B0F(61+(*
T,'/)I[J1R8()N M81L()* F()6(31WB%:)6,81+4B)E¤?(K1 d+;$%S/*B.1HHR8,81WBK(I15I1+(JqB=
d+8FB)6(31B)K,81 e.R'BI(f +(6BI1HHpQF(&,81$#I1R8F(6(31#<?'B=1#.RqPF1+BSF(J(K
ŒB?F(6(31W(-31,qB=1#I(S‚(6
+()N M5I1+[_()3 a%<?'B=1HHXB=1$#&1#?BI5K1Ž$%K'RF(N M81dWBI,F1#<%S(IBS1R8FB=(3(M
\,'().R'(c1h?Š)fB31 HHL(K,8FR'(=1+(6BI1,'(bB%J1'/S(=(31\B:E$%*1HH,'(S;.R/I
 ]]l !"#$%&'$()*+,*-
+,81HH$#3[$%))3 '[$%C())3 ,'(.BK,8FB))6 ,'B))%.BK1B.())& 'R81WBCB))f +()))&5&(M1()K ()?,'(*
+(-I'/M1,'(*B*1HH+8Bf1dL4(31(<?(-31WBS(K,'(.R'(c1dWBS5C1(<?'(-3B31ŒWB%$?QF'B=
WBK()N M(&(01'(-$%<$?/)f HHWu$?FB)& WB)S,81WBK,8F(3()fBI1()K (.B‡:9%.1,[$%*B*1HH(.BS5C
HG.(J+B.1,'(.B%.BK(E%&1(?#:$?/<%I1dWB?5C(3
+8F()3 dW()KB.1#)N O$%M1()-./01TŽ?8B)f +,'B0F()6 (.[Z31WB:KB&1+BZ%.1Œ(<?F,8R[3
,FR81,[$%))M tB))* H,'(:$%<)))f,81,'().B:S,81()3 ','():$%<$%S,81#<$?'BC()3 HHW,8B). pg[)_ $#)I
2Ÿ:))6(317())= WB))S5C1+()).¬$%=1R8#.BK())M(&1/$%.())M tB)))3 HHG)3,8wB31qPF1R'81+,F'()J
Hh<$%=,81URF5C1@J1FB.(K1+(‡$%*1531WBK5N M(=1B6'(*
',[JB)))* ())))S(*1HHW())-31#))f(31R81WB‡N M())J(M1h.R/IB)). WBK())N M(&(01'(-$%<$?/))f ())S(*
())))))-./01T,'())))))):$?'(cB.1N k1#C5N M()))))& d+;.(A$%)))))6 ,[$%)))))* HHG<$%I'/)))))6,81WB)))))?'BÁM
p'()).BS,81HHG)<$%K'g[&,817()= R81U()?(31WB?()f‚1dWB)%J1()‡$%*1QF()S(M1+()K(?+FB%:C(3
())))<%A31WB))%$%M1,'()).BK,F5C1+())ZIw(=(M1','()).BK5N M(=1#rBI())M Th))?x31,'(.B?''F())6(M
+F())6 F''q())M T,'()).BK(N M(&(01F())6(31eC())6 +B3()))f,F1U,'1h)S HHWB)?F41'().(IF(_
HL()))K,81WB?g[3()))6B.(=1L5))))C +())6B.(=(31H/M,8F())J ())S(K1+,81,'(.BK(?+;.(A$%))6
dh)Sq'81#?FB)Jq5SB*1HB)K,81 '';.BS1WBK(?#?w/r1d(-$%.RF531RFR41H(6'/.,FB01\(S(*
H,'(.(K(.1™I1R81WBK(?B31+''QF(31BK,81WBK(<$?x&15I1dWBK,'(<$%fQF5C
#X/J1+R'B*1RFR4

!'5<-.+j-.+L!'-k43 9

())<$%y31+()))K(.'(I(31e)6,81R'()* #)<%3#31+()K,84(c1F()J(*1H()?(K5N MB–N

MBY1,'()*B*
#žF()))6(K1Œ()K5N MB–N
MBY1[$%C()3 X().B‹81+B)* HB)¢ F,8,'1+5)C R[$%)C ','():$%N M/ÒBI
e)I5C1#N M8()M +()?(N
M5I1'()* HH()f5J1G)6 #f,QF #-$%v'F8(M (?#:?[31L,8(*1e:9&
H(%.1WBy.(&1#-$%:f1hS1+‚(M1WBE?81,/%<0(3
()S5I17()J(M1e)E$%&F(61+(N M(&()f,QF (:$%3,81+4(J#31WB?1+,;31,'(-$%<$?/f1F(=(3
()))K5NMB–N
MBY1+())* HR81W''F,81dN 8())M ,F())K Rg[))S/J1#))-$?[=,q1X())K(<I(K1Œ())K5N
MB–NMBY
 ./0123$45,+67 ]]…
+‚()3 HW,8,81QFB)Y #I(.B)EK(?1#)<$%JuS1,/)$%*1oŽ$?'8()* WB:N
M()J(M1 ,'B‡%=(31ŒWBKRg[S/J
H,'(.;.(61(N M5I1#fPF(&1'4561(M1±B<„%61#-$?FBAS(}1(M1Ÿ:?[31,'(9%<S
,'())I(S'/31n))<r1,'(.B?F()))6(31()K ,'().B-I'/M'(M1dL()K,81+FB)?81WBI()Z$?QF'(Z$%Y
7())= WBI())K(.'(I1W5)))0 šR4,81L5)C531B)6'(*1L[)J,;$%I1WB:<%.()-$%&1+B)rBr1[$?'B)I U,'
,'().B:.BKPF81#JF'()K ()M ,'(.B:)6(=1ªQF()3 BI1T(?,'(*1531Žf,FBK1L(*1T,'(‡<$%f,',8
k1WB:?FBK()))N
N M5I1W,8,8F,'1$#)I #)6'(M(K1,'()I(NMR8(}1'()* +()f'1+(?B)6(M1dWQF()&F,8
HGI[_,8
\())S(*1L())-31FB))I/r1,'(.;.())6 ())N
M5I1#)fPF(&(M1€P[)S G)3,81T(SF()6(M1'()KF(*
7B))SRF1+,'(<:))9%.1()).(IF(_1+R'81H;.()))S'g[3B*1,F()= #IR'B)* (<:)9?(J15)3 ()K6H$sFQ'B.
()K5N
MB–NMBY1()N
O$%C1#:)E?'1Lw()3 HG:)6(3,87(=1 ªBI1,'(IR'B*1'(*1F(6(31(<?g[$?41(-M(&
8R81F())J(*``1oh))<$%m0,81R81WB))?5C1/$%.())M WR'())* 2p[JB)). B)))Z$?F1#)OS1(:)6(3(S1L()* 5)3
dG)9K,81R81WBy)%Y1 F(6(31d(?(=1R8(‡$%*1+(M'/M,8F(J1(N M5I1'(M1B%.(I G3(=1+F,'F(&
HBK,81+FR8(K(M1'B3,81+''g[3B*1G3(.1WBS5C(M1a%-$%6(KF(=
2()?(=1R8+4R/)C #.B)EK(?(M1B%.()I TG3(=1+;.(6(&1ef',QF F(J(*1oh$%N M,81WBE?8
HŸ<$?g@|31>$%Iw(6,81'/S(=1+q8(MB31(IR'(K
T()))N
MR41R81WBIF()6(31'(?#I(?B:$%)f WB:?FR'()N M5K1ŒWB)K,4R/C1#.B)EK(?1()<%=BK1+()*
#.R8QFB))Y /?8'())M H,',8[K4F())3 WB:%.B))EK(?1+())M'/=1WBI()))?+FR'(N M5K1'()3 X,FB3()6
H,'R815K(S1(M1+5C1WB:6F(&1˜.,41'[3,41,'(.B:9%I(?R;.(6(&
d#<JF4'())))* Hh?8'/))))6(c1+())))).‚1',4[&()))f #?B35C()))M h)))S +'B0F()))3(M1,/)))$%*
'()).B?(N O$%.1R8,/))$%*1#$?/I())M B:))E$%*1W'/))3 WB:.BK(<%)))9$%&1+()KF5C178 +(?+8'/)6(c
#.By)))).(&1U'B3())K W(.B:))f '())* +FB))K''F1a%.BK())N MPF1HW,8,81,u$%))I WBI())NM5I1(|))fB*
ΠW''8[K1R[-fB*1WB?5C1#K'B31#<$%y.1WR;.(01WBK(N MPF(K1+B*1HHW''8[K
+[JB))))* +,'())))* TW@))))J'BI1d\PF()))))&(31R81W()))‹8(M1t()))M(ZS'8F(S1,F5)))Y '()))*
F()))J(*15)))C HH()))?(N
M5I1/-N
M()))3 HH()))%.1#:)))E?'(f5C1#<$%)))fP[C,81R;))))$%I1WB%))9?PF(&
+8'/)6(c1/-N M()3 HH()%.1+[)?q1WB?(K,'B0F()6 W8[)K +8()3 R;$%I1e%<‡$%=1d#<%Z.(6
[)IF''815)3 ()K ()?,'(*1WB%)9?8'/6(c1d#)<JF41+()ZN M(31 H,'(.(-3@31R8,81WB%N MBJ1d(?
 ]]’ !"#$%&'$()*+,*-
())).(K,81[_())3 dh))3,81œ))$%=,QF R8#I(K())f(M1BY'())* HHW,8,81WBK())I WB))?5C1#SRF())S(M
Hh?F(6
B.()6 L,8()3 H()?(NM5I1#Z.()=B*1'()&[I1#.B):N OC1()M(ZS''8F(S1'()* #-$%<%N MB.1'/S(=
tR8,'())M WB%%.RF())SBK1+QF())&'(*1H,'())I,'B.1WR8FR4B)))* 5)3 WB)?5C1Rg[)f ,'()<3(M1dWR/)C
! ()))IR'(K1HF,'8R81'FR;.BSF())))_ ()).(-31,'()).By%Y1L())* F())6(31WB))?5C1())K ,'()).4P8,8
R;)$%I1WB%.R8Ru)6 +,u?F()• dU()S,F1+(.B)6(K'(*1oW[)Z31 Ž?FBJq5SB*(M1p/J1Œ(<%:6P8
,'())))&R[C1,F())))= #.())))6,F(M1()))).R'(*1()))))-./012h)))3 u$?F()))& ,F''81WB)))%$%M1,/)))$%*1()))N
MR4
H,'(:$%<$?/C,81WBK,8‚(Y1+FBEC'F1R81WB?''QF(M1','(I(.'/I'(K
dW())K,81WB))?5C1#?F,'F()&8R81ƒ)6B31()<%AK(?1()K W[Z3FB.()K (.B)6(K1'()M WB)I5C
d+4B)))6FBK1#)))_‚1())).R'(*1F()))J(*1H()))%.1R81WB%.''F,8()))M ()))f(KB01#I(¤%))6 #0F())=
())?B38[K(.1WB))?5C1#?FR'())NM5K(31WB%:)))6(=1de)$%31G0(). WBI@3()M W,8,81N k1+@)JR',F
H,'(.BK,4B3B?F1/$%.1,;.RuC,8(.1WB?5C
+()S'8F(S1()N O$%C'(317()-$%I1,/)$%*1Ž-)f(3(.1T()S5C1#)E_(.(M1LB)JB*1 hS1Œ(<?F,8R[3
#.BK,',g[?()& L'8F()S p;.()= HW[$?'By317(=1+;-$%M1WR'(*1dhS1h.R/I(.1WBfB&1dW(-3
4R'()))))Z.B31#.B)))EK(?15)))3 R81a%IB)))K WBS()))=(M1h.()))?(J,8QRF1,'())).B?q1+,FB3()))M th)))S
+‚()))))3 +())))).R'(*H,'()))))?+'R[=,q1+()))))K5N
MB–N
MBY1())))))N
O$%C17B))))& ())))<0,81dW())))K,8F,8
()./K1()<$?uC,81dW()K,81 (=1N k1#:9&1#0(K1TW(K,81#.BJ,;<?41(M1#K5KR8,'(.B?5C
+().R'(*1dh<$%y)3 e)6,8(31#?R/)E?F1d+FBK8()3 (?,'(*1531WB%f(S(*1T,'(.B%.BK,FBÁS
+())f,QF(=(31()?531HW()¢ WB?FBK()M ()?R81e)6,8(M1WB%Iw()6,81+'()N OY1R8,FB)JqPF1L()M
H,'R81>0[_1WB?5C1W8[K1WR[$?'
B))))))))6'(*1t()))))))))?R/31R8()))))))K5N
MB–N
MBY1()))))))N
O$%C1e)))))))6,8(M1+FR;Iw()))))))6,81F()))))))J(*
i())K '/S())=(M1a$%&,'())M ()))-./01TX[)J,8F,'1+()K #K(?,/$%)f WB%.BK()?+FBJq5SB*
WR'())M +().R'(*1dW()-31\5)C [JB)* +,F/)K '(ZI'/)6 W50()K W'/3,'()* +[$%)_ Š)fB3
HW,;31WB?(ž(-f(*1','(<<$%6'(01WB%31dWF(31WB%K¬%=(31W4R'R8/Y
+[$%)_ +F,'F()& 8R81()-./012Ž)$?[-31¼$%M()c WR4R/)C #.BEK(?1+u?QF(M1(K,F(J1L(.
Hh3(). WB)EK(?F(=1(:)E?'G&1,',[I‚'()3 ^^(%.1R5L8F(S1/$%.(M1#.BEK(?``1o(K1L''8[K
 ./0123$45,+67 ]]
d°R4())J(:$%3,81L(K(?#:))6P81€P[))S B)).,81HHL,8B)).‚1#))$%M1u%JF()))= '()K(?BS(<31()S(*
HX''QF +(NM(|f(I
'/IB)=R81#.B)S,41',F()3 dWQF()m31 GI1R8F,4/J1'(Z$?F1WRFR4(=(31(-N M(C1L(*1(:E?/$%&
TG3,8B&F())))3 /$%.())))M WB?QF5))))f 'QF())))f (KB))))6'(*1HH+'B)))))0'B=1dWR'R81()))N
M(=1())).'(-3
(?()))f''[61'()))* ()))S(*1TG<$%:))))6,8,F(&1R8/$%.())M WB))%%K5KB.1B=(N MB))6 #.'/3QF())&GI(3
HL'';.B?(JRQF #$%&1Ž%:E?'(f5C1B&BIF(6(K
^wB)3 #)P[S`1 #?BSFBI,F(-?(&1d(.'/bwB31R83B?8By%.1#?w/r(M1#-N M(C1(:E?'G&
';.()S(NM',81d¿R[)C dUB0()3 B)6'(*1 Th31a$%-I(z,41R81WB?'B<$%&(M1','(.(-31e6RQF
dh)3,81+',41F()6 #.BK()‡$?qF1#S(YF()6 +FBZ.,F()3 ,'(.B%.(6,QFB.1dW(6,F1dFRq(=
+[JB)* U()?B‡$%=15)3 U()?B‡$%=1 d>$%K(01531>$%K(01+'B<$%&(M1d­6,',81(C(?1'(:6,8
HG3wB31R8+5C1#IR41F(6(31(9%S(=1WB?q1(:E?'G&1(-./01TG6@J,817(=1˜.(Y
7(=1+5C1WBK,F''8156B*1531dG9K,87(=1,'(%K(?(O&1'(?B&1'/S(=(31#.BJ,;<?4
()IBJ,81B)I ,'/:)9%.PF1+8'/<)f5C1 #:C(I1F(6(M1W,'(?#.R/Y'(*1/?8'(M1(K1pg[3,8
HR81WBK(f(K1W8F(J1(-&P[I(M1+5C1+BZSRFB*
#.BK,F()))3F(3(M1L'8F()S ()Su.(K1+,'()* F()3(M1TG).417()= R8#?R4F()3 ()3 WB)?q1G)3,8
HG))3B.1WRQF())JR;$%&1dWRQF())J N
()))y$%&1+FR8F()3 e)6,81',FB)0B.1WB)?q1()?R81L'8F()S ,4F()3
HG3N ‚B31R8+5C1#IR41F(6(31(:E?'G&1a%.R;<N O31(IBK,8''QF(K
#-$?F()-?(&1().5K1+()M'BK1 '(?(K5N MB–N
MBY1(NO$%C1+,FBÁS ,'(*B*1oW(-3[?(61Œ1WRFB?
HW(-3(.R',QF 531#.R4R/C1\''[61+BZ%.1\,/$%*12,FB?81,/$%M
B)))I W''8[)K L(YF()6 +5)C #).'/0531'@)3 ,'()<?[$?8(M1+()6(K'(*1+(K(?#:)6RF
+R4,FB)f U()?(.R81\B)3 U,'1tG)3 h$?4(31F'(=1','(IB-314F(31>$%.B‡:CB618F(3(fBI(M
H,'/31#.BJ,;<?41#.BK(?#<$%y.
4F()))3 'u$%=()))M +[)))JRQF 5)))C d+4R'B))))%Y1F())6(M1R8+5C())M ^^B))‡ÓR``1RFB))* WR/))Y
WB)))‡$%I1,',FR;r())).',F1,[)))_ +B‡$%=()))3 +())))?B.R81'())* ())?(S(*1H,'RF4())SR81tR8,'()).'/3
H#.(?(J,8
 ]]ˆ !"#$%&'$()*+,*-
5))3 'wB))f #-?FB)))I HH,'().BS(*1G)3 +8F()3(.1().'(K,81WBK()r‚,81'4()S/J1,',[$%MB)*
())))I'/Y1#)))$%N
M,81F()))= HH#)))<$%=,81#-?FB)))I 5)))3 \[$%)))= a%KB))).''F1'B)))3,8 #KB))).''F
HW(K,81+4BA.RFP41dW;.,'R/C
HW[Z3()?B‡$%='(*1#<$?/)f dpF1R81W'/35C()3 QF,'B31d#?RFB*1WR/Y1+FR/3(M1\,/$%*
HŸ31hSq'81R81WBS5C1/$%.(M1\(‡$%*B31Œ(<?F,8R[31(IR'(K
ŒŒHHGZ.(Ò1R8(-?81#.R'(* U(I(M1d$#.1>$%I1+5C1+u$%=1WBS(K(?F(=1B3t
+QF,'B)))3 ())))-./01HX4())J #))9%<S1Ž))<Sq'81()).5K1+())K5N
MB–N
MBY1R'())* ŒL5))C531+R'
#bBK(ž(&,F())6 de)))9?(J1+5)C #SRF()S(31'/)3 ().B?R/C1#)f5m.R/Y1T'/)3 +5C()3
ŒR[3B)K Hp[Z31+5C1#I',F1X(MR8(}1G3,81HHp4(3R81Ru61G3,81oGN
M,81BI,'(*B*1HHµ4(J
5))I +())K,q'‚1()))IR'(K12,/)?g[01e)%.RF5J1,'().R8x?'1'8By)%.1#I()?B.4(S(31\5)I ,FB)?8
ŒR'QFB.1#?RQF5C(3
()N
M5I1+45)6 ',F()3 a)%<S1+()K(.''F,81 ŒL5C1531+R'1T;.(61+5C1+(N M5I1HHGN
M(3`
^ΠXBK,81pQF(3
'BS()<3(M1Ž-)f(3(.1T,'(<:)6(31›1Ž?B)r ,'(.'/:6'(31WF,'1ŒL‚(.(Z3,81T(<?F,8R[3
#IB3())M /%r())0R81#.B))%J1G))3 #-$?F())-?(&1())‡A31())?R'1Š)fB31TB). TL,;)3‚1L5)C +QF,'B)3
H(N
M5I1+(.(IF(_1(‡A31(K1+,'(*
Lw()))3 HH()?,F(K1BS()6 #-$?F().(_1()%.1'()?(=1]WRF5)3 '().(IF(_1():$%3B.1RFR41u%JF()=
H(%.1(K5N MB–N
MBY1+F(KBS(6

T,'/IB=().@J(31,;)<$%=1,'()-?81#K()?‚1D%=()M hC()<C1()I,'/I'(K1 R8+(f(31L(M1U,'1RFR41 ]

UB)& +',41+;)%*1TpF817B)SRF1()I'/&F(&1 '4R'‚1#0F(=`1o,''8[KF,81+4R'(Z.B31(K1,'(*1F(=
p'()))?B.1\B:)E$%*1R'()* T^,'():$?[-31UB)& #.B)J,;<?41+FR'()M/I‚`1()M #.()IR'1'()* HH,'():$?[-3
G))3 +())./|N
M(=1#-$%MNP;.())3 o ())K G))<$%=,814R'1,;.,'())* ())3F(=1Œ()).B?F41'())).(IF(_1'()* ():$%A3
H,',^^W‚(J1#_BS1dWRFRq(=1#I(SFB?`1+BS(<31(?R;N M(=1+5C1(.R4(3F(Y1R81>$%IBK(M1^^(SBž(*
de)))?$81TG<$%m)6(V%31'/)3 #K,F()J +,'()*BI1+()Er1+;.()3 #?B)I5K1()IBJB.1RQF \,'()* ()J(M
Π,'(:$%<$%f',817(=1+5C1+PFB?1+81#K(?,qR'(:6,8(3
UWU
 ./0123$45,+67 ]‘
!^*+(C+*'(!%*+&+*":

WBI())M(J1'())* #I()))SuC1dW4B).,81,'().BI5C1#I,F5)f ''B.()3 ,/)$%*1ŒWB)KB.R81#)N

O$%C
()?R8[-31WB)I^#:)6RF`1#I()SuC1,'()* #IB3()M de)$%31T()0/&''g[&(31+QF,'B)3 (K1,''8[K
WB)))S/J1#)))9$%KFB31()))I,'/31()))J ,'())))* F())3(M1F())= HHhI[J,8()). N
k1+u))$?F1i())K R'())*
',F()3(K1()?BZ$?F1()V$%&1'()* ()I,'/31 d(.BI,'R4RQF +''8'/S,81+,8R41a?'(*12WB:%?RFB*
+5)C531F()K5.1',;.()3 ,FR8F()6 +,'()* ()Z.,QF '()3 HBK,81WB:9$%K1˜.(f(r1#<?g[3F,8
():$?'(K,81WB%.R8BK()?(31dW'/)3Rg[S/J1 #CP8(31BY'(*1T,'(:$%:6,',81#$%M1dBK,81R;?(&
p'B)). +,FB)0 ()J R'B)* t()JF/J(M1#)rF1²()6 W5)0 +()P[S1'()* HW8FR/)3RF1d#)f5C
HH,8R4B))* '@))3 W,'B))C o())K,F(J(.1+())6(K'(*1+,FB)))0 ()J WB)S/J#31†G)3GK1G)f,8
,'‚()3 #<%)9.17()Z.(Y1WB)S,8R4B*1P[)S '()* HH()O?5K1d£()K {)S (:$%3B.1'(I5K1#<Sq'8
H,;.(6(&
5))3 d())-$?8R81,'())* ,/)))%.R41+t8R81t#.B%J()3 ()J R81>$%.B)S,41/S()=(M1+(:)f '()*
\,'()* HR8+F()6(31h)<$?F'/M,81#)9%.BK,QF81 (J(61','B.1(653(M1+5C1+8R4B*1#.B%J
+()* HH()%.1R81()J +()Z–$%31()M #:)6RF`1o,'R[)I/J1R81>$%.B)S,41e)9J(M1()K ,'B01F(3(M
^^Œ(?#:6RF1#N MR81'(*1,'(M(J1+,',F,8(M1+(6(K'(*1531+R'
BY'()* Hh)3 ()J #.R/%:)9&1 ,'(f4R'(.1d+uKF(61+,FB3(M1t(.BI'/:E?'1ŒWBKB.R8
HŒ†hK(?B.R81W50(K1T«B%&1T,''8[3'B.1^+4R/C1e6RF`1(31WBI(?+QF5f'B0'(*
a%M())J #))Z.,81HHŸM())J +,8F,'F()))& dŸM()J +,8R41oX/Z.B)I,81R81WB)I5C1#N M8()M
()J WB)9%&1WB)I5C1#?FB)?;.,/$%.1d#:)6RF1L,81‰R4()K {$%J1+F(K1U,'1T(?R/C1#Z.,8
())J +''4,FB)))* 'x)$%017()J(M1WB)?5C1+()?FBJ1(.B?'/:)E?'1a?FR;Iw()6,81FP41H,'R8
#K())?B.R81tG))N O315)))I HH()K(M/J1#-$?F()K ()?+FBJ1PFB)? #.B)9$%KRQF 5)3 BY'()* Th<$?4B)E3
H†Œ,'/:6(31$#I1WB?1t˜.B3'B.(3
())N
M'(K1'[$%))f(NM'(K1())M ())?R8F(3(M1WB)):%01L())K,81N
k1WB))IR'R81Œ1WBK()))Z.B3'B.(31B).R8
,/$%*1HHh.g[3R81WB%.BI5CF(3(M WBK,F(K@JR81'QF(J1WBy%Y1#K(:6(&1dU(N M(31+F,'(.BY
'()3 LQF,'B)3 h<$%=(.4R'1hI[J,F'(J(31d#I(?B.4(S(M1BI1Lw(31HHhN O$%=,8RF1#:6RQF +FR'B=
h3()M F(=1HHN 501',8F(=1(IR8(*1(?,;.,'R/C1$#31'(*1F,'F(&1e6RF1HH1(%.1WBI(.B%:6RQF
 ]] !"#$%&'$()*+,*-
()))I'/31BY'()))* W/?QFB)))= >)))$%I1#))).R/C1a?B:)))6 d#:))))6F(&1,F'())J ,'())?5C1#:))6,8
+(.BJ[$%S1'(*1(IR8(*1a%žF(6 d#<$%I'/6,81WR'(N M501#0Br1WB3B%31#©1Hœ$%J,8F(=
+()<31,8'/)6B*(31a%.B)J,;<?41 dW/%f5&1+R81F(A$%61dGN M/r,81(=1Nk WB%N Mw'41+'B*
())))J(M1#.B%))))f5C15))))3 R8B)))). +RQF 'B))))KB<$%I1+FB))))K #)))):$?/<%I1#0()))))K T,'/:)))EC1N
k
k1+5)C G):31'()J[$%SF(=1 G.R4,81(-./012,FR4/•@S1'(*1(IB-3''QF 'R81WBK,8'/<f5C
N
{S+F,'(:C(3(M1dWBK,F,'F(61',F'(J1#I(?R;.(3(M1dG31B%.(I1p'(?,81[$%f1H,'B<N M(=
+().R'(*1 di[I(M1$#3F'81WBKB:6F(&1';.,'R/C(M1G31F''81HHB-31FBJ4F1+5C1WBK,QF/=
F())= WB)K,4R/C1#:)6RF1HHp',81+R'B)* F,'F()& e)6RQF +'B)%&1HH,'().w81().(C,81i[)I
Lw())3 HH,''8[))K B))=,F1WB))?5C +@)))3 R8()<?F(31,'B)S 'F()3 '()3 dW'B)?q1R8#.R'()N
M50(M
'B<$%&())M ())%.1,'())* ,'(<))fBS,81\B))3 #))KRF5C1WBK()))Z.B3'B.(31B).R81B%.()I R81WRFB)f(M
dh))9$%K,8RF1()J +()?FBJ1WR'()* HŒ†h<$?QF,'()M,81\B)3 WB)K,FR;./J1()N M,qB*1R81Ÿ)fP8R8
B31Lw(31HH›@J Žf(C1WB%$%M1hS1G3(.,'1H,''8[K1;.(3'/N MB&1G&1WB?5C1B6B*1(J1,F(K
'()* F()6(31a)?g[$?41 +,'(.Bf',F,81T,'R[C'/N MB&(M1WB?(?FBJ1dWF(K5.1WR'(*1(K1h.Ru3
H (?B.1WB?B?[_(31D%=1'BKB.1WB?FBI/r1#f,QF''QF (M1h9$%K,81+RF(K1,'(?FBJ
TW'/31iB&/61#.B%f1dW'/3456781R81+FB-I(SuC(M1(.BS'8F(S1'(*1a?FBY1FP4
+8'/))6 ,'()?#I(?RF(K5.1+''QF()M dpQF()Z31U()?B•B*(M1F()K5.(K1p',81+,'()* #?B).R8
G.(?(Z31#&
()))-./012G))3 ;))<N
O31R'F())= #))9%I(?R;.(6(&1dG))3wB31X())KB•B*1#))f5=1(:))E?'G&
H,'(:%3,814F(31\5I ,'(I(¤%61''81'(*1+(?B6(3
,'())M(J1#I(?R;<))6(&1d\5))= #)).'/31wB)))3 +(?B)6(31Œ()J #.BK,F()K5.1B).R81+()*
5))))3 R81LQFB)))))Y +,'()))* H,'/3wB)))3 ,'(.BI(?B)))6(31a%M()))J HH,'()))I(.'/31n)))<r1\,/)))$%*
dW'¬)))J ,'()))M(J(M1R81WB)))I5C1#I(?R;<)))6(&1()))M X())).B.(I1,/))))$%*1H())%.1WB:.R;N M())=R;$%&
\5)))= #K()?BIR'1D%=()3 +()& dh)N O$%K1F()6 #-$%M()J Lw()3 HH,'()I(.'BS1'()* #I(¤%)6(3
HW(3B.
WBK,FR4B*1+(JF(31,;.(01WB?q1TBK,81X(M/I/K1WB?q1'(?#.BJ,;<?41R8+5C(M1\5=
Π,/%.R41WBI(?#:6RF1'(*1pF(*1HG3,81WR'R[_1dG<$%:6,81,F(&1R8+FB%.R4(M1p[Z3
 ./0123$45,+67 ]
'()* pF()* HF()6 ():%$%.(.1 #.B3F/r1#YBI1d+g[6(.1>E$%S[_1BI1G3B.1FB%:C(31\5=
Π1,/%.R41WBI(?#:6RF
'())* pF())* HF5))C +u$%))= F())6(M1W8(?B))f B))Z$?F15)))3 #.B)I/K1()& '[)$?/K1#?B)<%3B.
Π,/%.R41WBI(?#:6RF
G)& +5)C +F‚()I dFR/)?81 +8F(31(IB-31WBK,/$%K(K1GA3[$%_14R/C1FB%.R41(:E?'1G&
HG3(.1eC(61,'‚(31+,'(<:6R/J1/$%K1^\5=`1,'(f(-?81#K(?‚(M1HHG<318B%<3
Π,/%.R41WBI(?#:6RF1'(*1pF(*
HHG:)6,',81G)& #K()?(&R[C1()K ,'/I'(KF,81531WBI,;.,'(*1F(=1,'(f5=1+,FB3(M
d#r,QF()3 ,;.()0 \/K()0(K1h.R4B). WBE?81HH(K(?BJ4,81£1(f5=1'(*1(K1h.R4B.1+;%*
ΠBJ4,81(:$?8R81#6F/r(3
#:)E?'1 d\5=1#f4R'(.1F(J(*1Th.R4(.1,'(f5=1#?,F'(J1+,FB3(M1,/$%*1#:6RF(3
WB)? HHW[)Z31+()f4R'(.1'()* +()JF(31,/)$%*1()I(z,41 FP41R'(*1G.(?(Z3RF1+5C1#:6RF
H,'(.B:NM5K(31W[Z31+(f4R'(.1'(*
pQF())3 WBK,[_())3 ())N
MB015))3 WB))I5C1#)))f5=1,/)%.R/I1WBI(). R81>$%.B)S,41D%=()M ,/)$%*
#I,4()M(31 5=1WBS(=F(3(M1HH(%.1R;$%I1WBI'R'(I1#?BSF(J1(.Rg[‡E$%I1'(*1531(-./012W(-3
53()K \,'()* +R[$?'1HH,'(:$%<$?q/31+,81(.wB01'(*1#SF(J1‰RF(f(K1h.R4B.1(6(K1'(*
WB:?FB?;.()))& d#?B))).R817BcF()))=(31H,',F()))3 ()))<$?81R8,'())).8[K@31U())))I(M1W8[))K +4R'
HWBK,FBf,QF4 #.B:6FB‡%31'BJB.(&1(I,''8[K
R8+5C1+4F(M1dŽ%3(M1\5=1h.R4B.1(IR'(K12Ÿ.15N M(=1,/$%*1ŒWBK(Z.B3'B.(31B.R81+(*
#_B)S ,'().BK(NMP81'/%)f F()6(31a?FR;N MB)3 +(Z–$%31HH,'(:$?4,81N k1#K(?#I(?Bf5C1£
H(%.1#.R8R'(=(31QF8
'/S())=(M1(:C())f #Sq'())I HF/)))$%=1dœSBK(). h)$%N
O31WB:$%&()K Ÿ). Š)& ,'()M ŒWB)KB.R8
[_())3 U,'1\5))= #.BK()).By.(&1,'B0F())6 ())-./012B))K,817()))= ,'()N M'/r1#K()?+FB%.R4
dX,4()M ,'/3F()3GI1WB)?g[J1WB)9$%K1X()z,41#SF()J(31+(.B:)6,81'()* B%.(I1HHW8FB6
ŒŒW[J,8F,'1(?(N M561dŽr'41'(M1#f5C
 ]! !"#$%&'$()*+,*-
()))3 ','R81D))$%&1,'())?#r,QF 78())3 WB))I5C1R'())* o())S'B0F(3(M1Œ˜.B3'B.())3 #.B))?B.R8
R;)$%I1WB:)f(?,8R@*1'()* HHh$%‡Ò1U(?1B31+u$%=(31(?,'(*(.12W/%r(0R81,'(.'/31#?B?(3
Hh$%N
M'/Ò1'F(31(:$%<$%31WB:IR41,'(:$%3B.1e6RF
,'(.BK,4[&())))f (M5&())))f F())))6(3(K1,/I'())))K(.1(?#:)))))f(K1'()))3 WB)))I'B01+8()))*
HHŒ†,'B.1+,45rBr(M1WRF531'B31R81>$%.R;$%M1D$%&1dªR4'1t'/S(=(M1','(:$%K(f,8
+g[)))0 'g[)))& dpQF()))&,8GI1R81W()))S(I1F()))6(31(?#:))))f(K1'())* U,'1a))%<S1#?B)).R8
HH(?,'(.8[K@31k'/M,8F(J
HH(J1#.BK,FBK1X(SuC1+(* HHR8,81WBK(I1'(<S1+,4R',F(&1dU[61#?B.R81,'(*1B*
())?B*1tŽ$%)))6,8RQF1dL,8,81L5C()3 WBK()I hS()K R8()M(c1'()M ŒHHWBK()Z.B3'B.(31B).R81+()*
HŒ†W,;31šBf(M1WBf1dh$%31h.R/I,81,/$%*
#X/J1+R'B*1RFR4

!C'R!0:CCi?

a)%<S1+(K()E_(.1WB)E?81HH'/3,',4F()3 WR'BI(f1+,QF/C1dXB=R81'(f1#?B-?FBI
HR8F(6(M1,qB=1BK,81d(?(=1+5C1+/%N M/|N
M(=1+,'B0F(6
#.B)%J1H,'()?R81 #Z.,81,'(.BK(|fB*1+FR4(M18''[61+4R'B*1dXB=R8'(f1#?B-?FBI
H(.R8''[61,4R'B*1'(M1(-$?8''[61a%<S
+()))6BI1HHR8F())))3 +5))C #))Z.,81p'())?,81'())?(=1>$?u$%))= ())fQF5f1R81h))S #CB.())M
#-))fBK1dLF'/). h)S H().B?(31de)¤J1#.,'B)C WB)K,8P@J1#<)f(0(31'(?#:)E?'(f5C
()I ,'/)3 #?B%.()I G.BI,'()* T,'/3F()3GI1Lg[)J dŽ)f5&F'/.1()-./01 H(?BS'/31#?B-?FBI
HŽf(3
2,'(<$%-)6'[I,81,'().B§B*1()3 WB)K,8F'1,[$%:)6(*1()N M/J1U,'1Œ,[$%:)6(*1 +5K1+(*
HHŽ$?4B<31WB:.Rx&1>9%I(31L(-318(r'B*1WBIQF(_1#.R/I1L,81(?BSB31#-?FBI1de$%3
HH,'()))S5C,81L5)))C #))))IR41+())E$%N
O31dŽ))?q,81,'())S5C1#.BK())%KB.''QF(3 h))S Lw())3
+(?#I(?B)f5C1'()* (K1,'/IB=1R81Ž9%N M8(31B=,FBY1TL;$%S/*B.1WR[JF,'1#%I(?Bf5C(M
H(%.1R81hI[JF,'1(M1(?(=1R8+48(M
 ./0123$45,+67 ]"
+B))))))fBS(I1())))))9%S(=1G:))))))6,'B.1Ÿ))))))9C(3(M1Ž:))))))6,8(K1()))))))?R8,'(M1Ž?FRq()))))=
())))K L,8,81(.RFBJ'()))f '()))* #žF()))6 HHhO?()))K R8#.R'QF,'B0()))M(K1L()))K,8(.R'B0'(*
HBK,81\5CB.1N k L(KBJ'(C1'(?#<JF41#-$%NMBc1\,'(*1TW(6BI1dª'(f1+'/I[Jg[J
+BÆ()))* ()M +B)* HHh)S +F5)C #-?FBI()M +B)* HH WBK(.,;<)9C(31#:C()3 8()3(M1+B)*
Œ†R81Ž?[$%I(M1Ž%:$%6[31+'BI1(M1+B*1HhS1#$%KP4(c
'[)))JF,'1#)).R/$%.1TLF''8())3 WB%.B%J())M Lw())3 HHW[))J,81+F,'1G))S,;31WB))%01WR'())*
G)))3 WB%<?ŠC()))6 R8#?w/r()))M 7B)))0 h?Š)))-?u.1G)))f,81H()))NM/r1#-$?QF;.())K ,;<))9C(3
H R83BSQFR8(M
L,;))3 LFR4B))* ()).R'(*1G)).,81,/))$%&1ŽN
MB))& ,'/))3 U(?#:$%))6[31,F5))Y #))f'/I1L'B.())=
()))‡A31WB)%$%M W/%)9C(3G&1Ž?FB)?81+().R'(*1L()K,84(c1TL[)J,81$ƒ)I WB)%S5C +F'/.()K
+(:)))6,81'()* 2š;.B?()J ()3,F4(Y1+/)<%I1(<)f(01'()3B*1HH,'()S(-31WB)%I''F1',8F()Y
H(‡_BI1(_BI1(.Rx$?'B=1F''81dŽK(?(ZBI1hS1HH,'R'81,'(‡9$%K,81+RF1,',8[K,81Lx$?F8
+,8R41\()N O$%_1'[K()S ,F5)Y '()* HHR8,8/?[_1L(K(?#I(?B.4(S1R'B*1+,'(.8[K1(N M5I
H(‹FB.(KF(3
'BK())))I 7())))= Ž%I(?R;.())))6(&1T'/))))0 j%K())))M Ž?FB%:C()))))3 B)))I #)))9C(31L,;)))<$%=
WB)))?q1p[))))K,81Nk1+,'())* #))6[I(S1G))3 ,;<))9C(31())<%AK(?1>$%))6(KF(=1HH,'())?BK'/&
HG31ª,F1#N M81d#<$%ž/rR81#:6,8(mM1(:E?/$%&1(IR'(K2R;31e6,8(M
'B)))).B=1+FR4(SF())))f(K1W())))K,81WRFB))))3 >))))E$%S[_1())))6(K'(*1šB))))K,'B01+())).‚BK
().BKP4F(M1(:)6,81'()3 e6(=1(K,F(J1WB?(.1TW'/Iw(=18qF1Ž:6,81BI,'(*1T(?,'(.RQFB&
ŒW'/31˜.(6‚1,'(.'/3g[&1˜<0(31(K1W(-3
#?B%.())))I(M1+B))))* HH†L())))K(N
M81#.B))))%.1dLF()))). R/))))K HHšB))))K,'B01#-)))))E$%S[_1R/)))K
ΠWBK(f5&1F'/.1#IBS/9K1531+B*1HHWBK,;<9C(3

E4/= I/(8-2JK/LH-M/N 3%`` ,'R[6'/.1R8^]!"` +,QF(&‚(M1dŽ:6,8F(31+(„6/.1''81#$%&(31 

T,'(I,'R81N
k ^^OB%”R``1(IR'1h?q(31L^^PA)Q%` L5C1#./0531#$%&(31^^PA)Q%-G:+=-5G9N-.ABR%
Œ†HHG3^^LF(f1~PB%”R`` #:6(3(S1F(=1(9?(.R'(M
 ]l !"#$%&'$()*+,*-
,g[)0 U()I(M1,'(-)9%I(31d,'()<$%M/C,81,'().B§B*1 +(ZN M50(31WBK,FBv1G31,F5C
HŽf(3G31(.RF5C1'(*1#:¤J1'(Er(M1G.(I(31a%<S1Th$?'8,81! R81WBK(?#.B:E-?FBI
,'())))).B.(I1'())))3 WBK())))?#KB.''F1())))?R81U())))?+;.,/?(&1£1+B.R/I())))M FR'B))))= +())))*
dWQF())&,81G))I R81WB?F())6(31()).B?#KB.''QF '())* †hKB))).''QF R81WB?5C()M(K1,'(:$%:)6(A3
F5C1,F5Y1'(31B*1HHh<$%r(I,81GI1R81WB?5C1#$?F(31dW(K,81WB?8,4'B01,'(K(?(E$%C(3
WB%.B))9C,F81+())-?81#-$%.())I D))%=1+,FB))0 dWF'/)))3,8RF1R81WB)?5C1#.B§B*()3 ()J
#<%I()))3 e)))6(=1WB%))))9%.BK(N
M,'B*1dWQF())&,81$#))I ,'(K(?g[))6 '8FB))6(31/-NM())3 Tp'B)).
HW(KB.1WB%?BSF(J
(:)))f '()))* h$?/))))f HHh))0,8F,81,'()).B?5C1#.BK,'/M())K(M1()).(IF(_1U,'1WB))K,F5C
WB?()K(?#SF(J1'8FB)6 R8()S(M1B)* T,'B). 5)3 +'BZ.()= WB?()K,[3,4(31 (:E?'(K1W'(K,8
Œ(.By.(&
()?(=1()-?81#-$%:)f ,/)$%*1+()Z–$%31()?B*1Œ1'()f(-?FBI(31 \5&5C1k(J1,FB:61+(*
F'/). #.R/J()M WB)K,u$%=1,4F()3 ()K W,/)$%*1F()= HH†B)-31 e6'F81,'(.B-E?[3(M1#?BSF(J
HW(¢17(=
HH,'(IR/C,81G&1Lx$%J1'(?(:C(f1ŒL5C531+R'
7()))= ,'())-$%<%I1())SF(J1())3 h))S HH#))<$%K''g[&,817())= (:C())f +,g[J())3 Ž))9%:6,8
HH;.()6 +,F()& #?B)-?FBI1R'()* H,'(:$%K[SB.R81+(E$%N O31G3(.1,/$%*1#:$?/<%I(31L'B6@J
Œ†›1WB:E-?FBI1#fP@61d›B%.(I1#-$?F'/.1,'R[6'/.1L,FB0(M1#0531(IR'(K
HHWR'BI(f1+,qB=1h<S1#.BK,4(c1HHh?F(31'(?#.B:E-?FBI
WR4()ANM(r1+,QF/)C dXB=R81'(f1#?B-?FBI1HFR'B=1(.(K#31,'(?#.By.(&(M1p'(.B?,8
HH'/3,',4F(3
Œ(?(=1+5C1+/%N M/r17(=1+,'B0F(61a%<S1+(K(E_(.1WBE?8
#)))Z.,81,'())).BK,8P@J1+FR41()))M 8''[)))6 +4R'B))))* dXB))=R81'())f #.B))-?FBI1R'())*
HH,'(?R8
H(.R8''[61'4R'B*1'(M1(-$?8''[61a%<S1#.B%J
#X/J1+R'B*1RFR4
 ./0123$45,+67 ]…
!
!+['?!0:CCi?

>$?'B%.BK1531+'B01R8(M(c1'(M1Th?QF(&1GI1R81>$?FRu.(31#.RFB?17(J(M1RFR41WB%-$?qPF
WBS()))=(M1H8[)K +8()3 ,'(.BK(.w()9$%31dWBK():C,F81/$%.()M #.B:C()I #-$%J[$%)S Rg[$%)J,8
WB?BS()6 WB)?5C15)3 (.R4R[_F()6 ! WR4()cB.1 +'B0(M1F''81tU(?(N M5VK1(:6,81R81XBK
Lw()3 HHB)<$%=1 W8[K1BS(6(M1WB?4R'1WB%6B.1dX/Z.(N M(=1,FR/A$?QF1L(M1WB?'B0(K1HH8[K,8
o(Er1(I'(K1R81WB%K(I(M1','(9$%&1(IB=1WB%$%M1RFR4
dŽ))-$?FR/A$?F1h))S TWQF())mN
M(=1WB))I5C531­))6,'(S12())S,/$%*17()))J(M1ŒWBK().R/Y1,x)%K
#S,8F())3(M1dŽK())?R[3BKHH1šRx))%K1#:))6P81dL()))KB.1FR4G)3 WB:%)f5C1™?()K HHL'/IB)=
^^iF/)r R4,QF #.B)%J``1()M (?#:?[31a%.B:?(f1!TL(K,81WR84(?1(M1+[JF(31R81WB:?(f
hS(M ',8R8R/C1#K(?BS(61(S(*1HHŒ†WB:%K'/61«PF1'B=(31#S45N OS1(¯,81W501(IR'(K
()O%–<C1 (0Br1'(*(K1U(?BS(61#<Sq'81(¯,81W501+;%*1HH#<Sq'81(‡A31,'(:$%f,'B.
HŒ†h<$?F4(¯1+R81(.B-$?F
#?B))-?FBI1','B)6@JR81\,F1WB)K,g[01():C,F8(31()K L()N
M(Z.(Y1'()* h)S WB)S/J1G)3
+(.B:E-?FBI1'(*1(IR81pg[_1+5C1(.B6[I(.1>$%6(K1F(=1Lw(31HH,/%f5&R81+F(3'F',8
'RF()AS(*(K1,'():$?4P8,81().B?BZ$?F1'()* tR81šBK(SB)6(31,F(3'(<)6 ()N M(&1 [$?q(M1T,'(<S
a?'()* dW(K,81+(6BI1WRx%K(K1G3,81(?w/C1'(*1#f'/I1WBE?81Th.´S(C17/J1F(3
+()))JF(Y(M1HU(?F()))6 ())).'B.1#.B)))K,'B01','B?qw()))= R81>$?'B))))%.BK1B.())&(M1XBS/))9K
G3x$%S()))M dG)))3'';.BS1()))9?(.R'(M1T,'/:)))6'/.1#)))$%M1,'Ru$%))))=R81w/))C '())* R8PQF,/))%.
HB-3'RQF N
k1WB?FP41#K(?,FBSq1BI1G31hI[J(M/&(&1#.R'R8(N M(=

L()* #.BK,;.()3 +()<?FP4(M12+F/C()3 ,',8[)K +5)C +(K(E?F1G.Ru31+5C(31+,'(*1G3(31 !

dB)K,81R/C()M +[JF(31G.BI,'(*1R8,[$%MB*1#0(K1TR8,8QFBY1+5C1#?R/C1G31R'F(&1G31R8(A$%:K
R;)3 WRF5)I R/C(M1+QFBY1,;.(01€P[S1(IR'(K1H#?R/C1+,[=(31(IBK,81WBK(.R/Y1d>6B.1(:f
ΠR/C1+F(A$%61[$?q1,'(:$%0,81F(=1hC(<C1[IR'8
!/V(-
 ]’ !"#$%&'$()*+,*-
TL())K,81GS())I ,;)).,'R/C1()))-VJ1'()*(K1h3()S [)?'41Ž)$%M1ŒWBK().¬%–<C1,F(KBS()6
R8#.B))))?[J1#.qQFB=())M '())-$?;.,'R/C1Lw())3 HHWB))?[J1'FR'B))= ())IB-%3BI1Ž))<$?815))3 #))<%I
a))$%K1#.B))I‚15))3 ,'(?B.5JF())6 #-))E$%S[_(31a?‚'())S(M1H#)))<$%=,81+8B)f d#)f5C
BS())6 ())I'(K1,;.,'()))* F()= TBS()6 ().(C1#)3 B).BI5C17()J(M1B)-31N k WB)IR'R81B)I L()K,8
U,'1hK()))?,q'‚1šBK())?#.RF5J1H'())* +F,'B))? ())¯,81,'())<?g[01#.RF5J())3 a%<SR'())*
','B). 7()= +5C1(.B:?(f1'(*1#.B%J1HHR81WB%J1(6F/r1#$?/JB<3(31ŽNMBS1WB?(*1(M4B&(f
H,@Z.By%Y1(?R'1#-N M(C(M
R81WBK()<$?g[_1781()N MPx%K17()J(M1^^WP;)%35K``1#:)E?'(f5C1+;).,'R/C1 R8(IBK1'(M
H+gºMN(=1Nk1#Z.,81,'(<?g[01WRŠ6(31dXB=1RFR418[K,81+BS(6
()))I(S'/I'(K1#)).R41LR'1#r())0 7())= X'B0())M L'B))0 +,qPQF'())* Œ#.B))J,;<?41+())*
+'B)). G))IBK1T,'(?B))9$%K17())= h))?g[$?41+QF5I())3 e))<S15))I Lw()))3 HH,'().BK(CB.1+,'()<3
+(S(*`` oµ/J1e$%&1'8[K1B=,QF X(.B%01(:N MBJ1#K(?BrBr1T(<3G31µ/J1'B<$%=1Ž:?'w'/r
#)))<31().(Z31h.R/IB). ()K a%.R'()* Th)$%N M+,81WBK(?#)6BS1()K ()?,'(*1F()= +x)$%A?,815)I
#)))$%N
O315))))I Œ†›1—Ru%))S G))3 'FB))3 G))3 #))$%N
O35I1H())<3G3 ())K(?#?w/r1h)).R4,8R'1#))?w'/r
,'(bBK(I(¤%)6 +,FB31(M1HH†+;<6(&1FBKB*(M1\(31G31#-$%I,[_B*1Lw(31HH›1>$%I,[_B*
Ž%?BI5K1dŽ%<$%y.1(M1g[&(K1W,'(*1F(6(M1WB%f'/S(=1Lw(31HH,FP41>NM(C1#:6(ANM(=1L,8
H(?B.
D))))%=1,'‚'())))3 \,'())))M 2h))))<%3,8 R81hS()))))M WB))):%?RFB*1;<)))6(&1,/)))$%*1Œ()))<%-N
M(C
H(%.1WBI(-?81#-$%Iw(6,8
L5C())3 \())3 Lw())3 HHR8N k1+())?BrBr1'())O%c1L())* R8+5)))C +QFBY():N MBJ(M1WB)?q1GN M()3
HŽ<$%©(6B.1N k1+(<%.(-$%&1'(*1pF5f,8R81+5C(K1R81\(IBK'(M12L(KB.1$ƒ&1+QF,'B3
,'())rQF(31a?'()))* T,',4RF1'()m01()¦'(K1R81L(K(<)65I1()?#?B.R817()J(M1WB)%-$?qPF
µ/J1#$%&
,[)_ R8,81eN MB&()K ()9?(S(*1F()= +()K,81 +R'R81dp',81ef5C1'(.B?q(M1X4(c15I
H+(-31WB?q1#6B&/6
F,8,'15)3 Ž)9%:6RF1','()?R8,81#.'/I()0(31 Ž%?B.R81#Sw,'1(?BI[J(.RQF L5C1F(J(*
5)3 +[IF()Z?FBK1#)Sw,'1G)3,81TB)K,81R817()J(M1 Ž?F(3(rF1#?B.R81,;.(0F(=1HHeEC,8
Œ†h$?F81NB¯17(=1#.BK(?#<$%y.1BI1pF;314B6
 ./0123$45,+67 ]
+,FB01+(IBK'(*1HHp'B.1\5C1L(-?81#-$%:f1D%=1WB?q(M1(Z–$%31,'(‡NM81#CB.(M
#?B).R81',F()3 dXB=1F(J(*1H+QF(&1'(*1(IBJ,81L(K(<:E?/f5C1WB?q1+(O&1p'(.1šB?q
7()= $#)& FP4'()* R81hS1+,'(.8[K8B?1WB?q(M(K1(?,'(*1F(3(M1B<$%=1531LB.B=1dR81šBK(I
Hpg[3,8
H()))?(=1#)9%<?g[$?41+QF5)I /-N M()3 HH()?(=1#.B)?q1+().(C,8F,41dWB)?q1+'B)0 #?B).R8
Œ†,'(:$%<$%¯1531Ž%01L(-31#01G3,81#V31WB?q(M1(?,8RF1L(*1BI1Ž?B.R8(K
())K ())?,'(*1#?B)).R81T,'()?R81Ž)Sw,'1TŽ%)6[&1#)$%M1,'()?#?B.R81+,FB3()M WB)?q1G)IBK
,'()):$?45r1+,81'B0())3 HG))3B.1[$%))I #))$%M1'B))K,81+B%:))9%*1,'())?B.R/I1'/S()))=(31€P[)S
'R8,8RF1())ž(&1R8+())K,QF5I1+'())J(31dp'()))K,8F,81+'B)0/S,81,',;.()3''QF /?8'()MBI
†(%01(?#.R/Y1'(*1G.RufB.1de$%6[&,81,'(?(K(?#.R/Y1+,FB3(M
'R8,81WBK()))I 'R8(:)))9$%015)))3 dp[JB))). +5)))C #))))6BS1h?Š))9$%&1Rg[))f,'(*17())J(M
k1+x))r d+4())J,81+/))$%M‚1,/))?81Ž%?B)).R81FB)Y FP41H,'():$%rF'u3,81()= (.B:C()6F(6
N
#.B).q1 FBKB*1(?(.R'(M1/-N M(31HHG318(31'4BAN O$%_1(?(.R'(M1#I(?FBKB*1(S(*(K1H,'(?R8,8F(3
HWB9$%KRQF 781+QF(&'(*1(IBJB.1R'(*1XR/f(.R81#f5C1#IR41BI1HG3
R8/$%M1F(6(31#.B:?(f1#K(?,u31;.B?(JRF1šB?q(31,'(?#?B.R81+,FB3(M1+,'(*1+R'8
o#I/J1dWB<$%=1>$?'1N k +'B01'8F'/3RF
B))))3 t€P[))S ())?B*1HH†G))3 h))S e:))6(3(S1())?(.R'(M1HHŒ†+())K,81G))K #))6B31,'())*``
>$%))6(KF(=1+''QF ())IR;31(.B:))f '/S())= '())* ())K ())?(=1+,'())* #_B)))S tG)3 a%:)6RQF
†G31#:6(3(S(K
#.B))?q1,'())K(?‚(M1R'())* †#))0#$%N M,81,'())I5C1#?B)).R81+,FB3())M 5)))I ŒR[3B)K ()IR'(K
#)N MP;.,41 d7B0(31#.R41LR'1,'(f(-?81#K(?‚(M1T,'(.8[K1+'B0''8F(=1eE?'(f5C
^^,'(¯,81œ$%=,F1R87'/r1FP4
HH'/AIB=()). #))?R'81BS()))6 B:)9$%=1H'/)3 RFR41#)<?g[018''[)6 dWR817()= R;)$%&1()S(*
o#I/J1dX[J1+R817'/r1#-$%S(C1W'/31'/3(.1L/J1L'B0F(3(M1a%.BK(N MPx%K
())I'(K1,'B3,uK())3 WB:)))6FR81HHe)9%.1N k #Z.'B)* ²[$%)S HH,',8[)K +‚1F5)C R'()*``
','())IBK,81ª,41N k1L'B))0 'R8,81L,F',81'R[))6B.(.1TFB))?8B.1#-$%:)))f Œ,[?()6 Hh)f(<f
o$#N
M,8
 ]ˆ !"#$%&'$()*+,*-
£ 5)I +(?#.BJ,;<?41L(*1HH†+,;<?41#01+B&(M1HH†+R81WB?q(M1B:9$%=1ŒRFR41pF(*``
oWRFB)? ŒL5)C 5)3 +R'†()%.1(.B:$%)f #-$?FBK1R81WB?q(M1X,'(.BS1(?R/J1†(?(=1#-$?8'/6
#Z<))6F(31HHWFB)))f,'1Nk Ž?'B)SR81HH()Z.,4'1,'()f ,'';.RF4()SR81+4RF1R81hS()M +,'()*
HBZ31Ž$%&1hN
O$%=(S1dW[Z31\,FR/$%*
HHX/J1+R'B*1RFR4

!@+2?\#<O!0:CCi?

F())= Ž%))9%:$?'‚1+5)))-N
OJ1HH(IBS/)9K1+()JF''81HH(.B:)6QF5J1+()JF'81(<$?/)f'(*B*
HŽ<$%=,81(.BV?QF5J1'(*1531#I(?R[S(.1+(<%NM/J1(YBI1BY'(*1HH(?p'(M
Œ,'(.(IF(_1(S,;31pg[_1L5C1R81LFB?g[31dX[J1L4RF1R81L5C1#E_(.1N (J(M1R'B*
(IB)6(31Ž)?45C1 +B*1HH#:$?'‚1#.BK(.'(C1(?#?BSFBI1531HH#:$?'‚1#.BK(<$?'1531+B*
Œ†(.R;.,'R/C1#.B?q1#.BK(IBK,8F'1531G0B.1ŽCR81HHŒ#<$%|fB*1+BZ%.
H'B0F()3 ,'()‡<$%y31e.BK()?+F,',@3(K1XB)= N k1LR'1HHµB)= WBS(). ',F(31''4(31''4
+'/))I[J1LRFB))* WB?5C53()))K 'B0F()3 ()‡<$%y31X(.B:)E?'1()f5C1'()* #IwB?()C WB)E?8
Hh.B:6QF5J
L()K(NM81'B)K,817()= ,'5)I +‚(M1\5C1W53 +,'[61Œ'/01e6,8(M1h?[Iu?4B*1+B*
k1,'(IBC,81B%.(I1'(*1#N
N M81'(K(?,'[61HHG<$?FB3,81'B0(M1Ž-E$%S[_1','(IBK,81>%<$%_
Š)))& i()K '/S()=(M1šR4,8R'1dŽK()?B%.(I1HG)0,81de)$?81,'(.BK(M5&()f F()6(3(K1WR8
h)S 5)3 ,/)$%*1WRqPF()M pqPF1()-./01T()?B=,'1()K,FBK1 Œ(<?FBJ8B?1+(*1HHŽ?8Bf1#.B?Bf
WB))):.BK,/%S1())))<?g[$?4``1oh))$%N
O31Ž))$%&1())IR'(K12L,/))$%*15))3 LR',8F())3 a))%<S1R'())* dW'/))3
'()))* +BZ:))9K1LR',8F())3 Œ#)):$?'‚1+FB))JqPF1+())* †#0F())6 ()).F,',81,'()).B%.BK(|M(M
7())= +R'81tŽ%?RFB))* ;<))6(&15))I +8B?())3 F())= dL'/:))EC1eIR@S()))3(K1µ(?#<$%|)fB*
HG3,81#.RF'/.1+5C1531,'wR' '/N MB*1#Z.,F(31t#.Rg[3
 ./0123$45,+67 ]!‘
U,'1HH†,'()<3(.B%Y1Ž$%M()K '/3(). Š)fB31Œ#).R/Y1'[¾%)6 +FBJqPF1+(*1T,'(CR8(3
šBK,4())c dL5C())M R'B)))* G35C()3 ().B‡:S1W,'(-$%)6(K1+‚()3 dh?'()K +().R;<N MB31'()*
Œ†h3‚,'(I1Ž%M17,'R81dU[61+,;<N MB31#<f(0(31U(.1H,'(?B.'/31>?u.
HH#<$%-)f(.1h$%N M()3 F(6BI1+'/3,8BSB*1hS1U,'1\5I1GN M(31Œ#:$?'‚1#IBK1,8F'1+(*
ŒXB)K ,8F'1+(*1H+'B.R81L8R8R/C1#IBK1,8F'(31(-./012Ž<$%y31X'B.1UB&B.(31(%.1Žf53
5I(). dhS(). HH,'8[K(). WB)SRF1 +;K(?1e6,8(M1WBÍBK1D%=1Lw(31HH8[-IRF1(M(&(31FP4
HŸ.1#KB?B.1#E&F(31WBÍBK1D%=
+@)I +(.B)9%.1():?/31d;).R[S1WB)?5I1 R81hS1#<:f/K1'B<$%&(M1ŒšBK(IR'B*1k(S1+(*
+,;<f/K1+BZ$%Y1dXB=1h-N O01+@I1GN M(31HHL(K(N M81(IBZ31,'(<$?/C1#.B:N OC(3BI1HH8(3
HH+'/)3 šBSB)6 #S(YF()6 /-N M()3 HH#:)f h?[Iu?4B)* ,'()<S1+‚()3 5I1(-./01HHLB-$%&
+FB)?g[31R85)I +,8R'1a$%&()M HHRF81L,'().BK'/&1+FB)?g[31R85)I #?R'B6(M1,'(31X,FB3(6
HRF81šBS(.
'())M +'/))3 a?Š)).'/3,41d+'/))3 ŠSF()). Ž))9?F'B*(M1+R[))K WRFB))3,@I1R8()))IBK1'()M
šBK()))<Sq'81B))3 Ž))$%N
O?,81#0F())= Œ,'(:$?g[))6 +,81FB-S(:))6 +())O%I(K1+())?(.(C,8F,4
k1WB:-$%:)fH,ŠK'/))6 8[K1WB:<S(31ª(=F,81+(<I(K'(M1­f/K1#.R'BI1G31#$%M1WB%$?/J
N
WB:$%&R'()* ŒWBK()<Sq'81H,'()S[Z31+()Z$%Y1()-?81#-$%:)f D%=(31šR/IB.(K1L8[K1X',4
,/))$%*1F())= +())* †h?g[3F())6 WB)):‡%:$?'‚1#.BK()).'(C1W'/3()). ,/)))$%*1F()= pF()* oŽ)$%N M,8
k1WB)):?F,',@31'@))3 Œ†šB)))K ^XRu)–¨S`1B)6RF(61t,FB)K #m)65K1,8[)K WB)I5C1W'/3().
N
HHL[)J,817()= L,'R[)K X',41'()* +8B)? 5)3 7/)J (YBI1LBI1,'(*1\B:E$%*1HHL8[K1X',4
(:C()))f(M1>))$%Z.,81W5))0 HH,''8F'B))= Ž<?[_()). pFB))3 \,/))$%*15))3 ŒWBK())<Sq'81+())*
F(=1H;.B-<C1d+g[31WB‡%I(?R[S(.1+,'BS1\R'B*1G-<C,81R8'B01(:6/Z.(*(M1'B.R;.(3
2L,;)3 ()?#I(?R[S(.1'()* #-$%žF()6 R81>$%.BK'[I'B01(M1(K1'/3(=1XN ‚(6,81L,;.,'(*
H'/3R'B*1U(?1F(61(<$%<3'B01+,;<$%=1(-./0
oL;.Bm01R8#$?/J(31Ž%:$%KB&1dXB=1+5C1#IB6
\5))))I ŒŽ)))%:$?'‚1+FB)))JqPF1+()))* HG)))3 ())).B?R/C1>$?F,'())).'/31'/S()))= (:)))E?'G&
#)$%&1dXB)= a)%:$?'‚1+;.()& H8F'/)3RF1 (K,FBAS1'(*1TL''8FB.1531e.BKPq531(?#?BSFBI
(?())Er1'())* G3()). dG3())= ^^h34P@))& >)))$%.RqPF1/S()= (:)E?/$%&1,'()<S1+‚()3``1oµ/)J
+FBJ'()))))f dhIB)))= LBž,F()))6 ŒWBK()))<Sq'81+()))* H(?(O%-)))f5C1,;.()))& '()))* +,8R4
 ]!] !"#$%&'$()*+,*-
p/K(M1dXB=N k1#01(K(.¬%-f5C1,;.(&1+8(*1HWRF41'(C1',FRq(&1,8[K1WB:%?,8/6B*
Π,',8FBf1+5C
,8FB)). WB:KB<SB))6d1'8()))3 #)f/r(?B31#0()K L'/)3 +FB%:C()3 #.R'QF,'B)0 F()3,'(M
HW'/0'B.(M1šBK(IR'B*1d1LBZ$?F1F(6
#0()))K ,'()))‡$?QF(Z31>)))$%.'/31\5CB))).G&1dªF1'/S())=(M(K18[))K LF4()). WB))%-$?qPF
p/)K 5)3 hS1+F(K1FBJ4F1dUB&1+8F(JF(61(IR'(K128[K1WBIFB‡%31'/31LF',8(M1#0F(=
Π'/0
/))N
O|01>$%N M()S5K1R8,[)$?/K1+BZ$?F()M #0()K HHF()3 ()I[J1Ž?FB%:C()3 +B)Z$?F1+[$?/K()3
'()* HB)I/K,815)3 Ž:)6,8(K1,'():$%A31()?BZ$?F1().5K1 '(M1ŽrF1XB=N k1LR'1HR8pg[_1WB:NO$?'(0
F(6(31š'/317R41+(.53(31Ž%.R/I1+(IBK'(*1H1HŽ<$%y3GY(31LFBK1h?Š.R[J1Ž%.R/I1+(IBK
RQF L(.B<I'(KF())6 '()))* #SBž()*(M1,/)$%*1thI'(KF()6 #Z.()=B*1()S(K#31R81L5)C #)IR4
'´N M()))))= ())))).(K#31WR81WBI()))).,81dW8[))))K WRF())))Z%.1WB)))):<S1#.BK(:))))6P81dWB:))))6(=
eC()6 +FR4B)* da$%*1#f'/I1L(.B:E?'(f5C1'(*1hS1(?R/J1oh$%N O31Ž$%&1,'(?#?(OJ(3
d8[)))K ,FR'B)* h)S #)6(N M5K(M1WB:Z.()= ,F()K,FBK1h?Š)fB31,/)$%*1+(K(%:)6RF1HW''8[)K
W8[))K WB:.'/I()0 +F(-N MR/)6 ()K +B)* X'/S()<r,q1()S8[K1N k1WB:)f(K(<?/Z.(=1():¤N MB&
+RQF,F())))6 ,'())9%.BK(S'8F(S1,[34())3B.1WB)):N MB&1X()).B.(I1HR81h))S +;.())S',[$%C1xJ())3
,'())).B‡%*(31h)))S #I(?R;<)))6(&1HW,;)))3 L())))K(?#.B3,[y%S1+PFBS())J dh))$%31WB%?FB3())MB.
Œ;.B?(J1LRF(S(31Nk1WBI5C1a?B=,'1#0(K1HH8[K1+FR85C
531R8R/r(I1#N M'(K(M1,/$%*1#.B3F/r1+(ZI/61(I(?R8[-31L5C1#:f1h?[I4P@&1,;.(0
+()))K,/%&1#)K'g[015)3 /K,'B)I 2()& ()M(&1()<I'(K,81WB):%.B3F/r1h?[I'()N M(r1#.;.BI/)6
L'/3BS(I(31WB%-$?qPF1HB-31#<$?'q81d$#OJ1,'(?GI1,4P@&1,F(=1#:f1LBK1dp'(K1R'(c
T,'()S(-3;<N O31WB)§B*1+()r(3(I1 X'(c1/?8'(*1531Žf(KBS(61+F(./=1'BS(61(S'(-3
d+;))).Rq'‚1())).B?w5rB.1FP41BY'()))* 2R81>)))$%I1Lx)))$%A%.RF5J1h?Š))fB3(M1WBIF())6 #0())K
H,'(SBI/J1#$?/J1#<%S(IBS1+B.,QF(K1(Z.(=B*(31d+;.Rg@r
HHq/))-31()):?'/31TL(:)6 #:)6FR81():?'/31,;.,'()* F()= Œ,u%KB)& +x)$%318''[)6 +()*
d\4R'()). e.B))K,4R'B*1TL())-31L5))C +BS())6 h?Š.R/Y())K 8[K,8B)))SB*1L5)C R8()IBK'(M
WBK,4F())3 B)).BS1+())6(K1'())* ()))¯B.1L5C(). QF'/)6 ,'BS()6(31B)I HŽ)?g[31WB%%.B%./SF().
B‡$%=1h?Š3B?B.1+(<$?'1WB?5C1#N M'/Y/¡(31h.R/IB.1Ž9%.BK(SR;.(*1HH,'(IR;3N k1B‡$%=(3
 ./0123$45,+67 ]!
#.BK())).'(C1H,'())))S(K(.1WB?wBK())? dŽAbBK())IR'B*1#))f5&1#<$%y)).B31+;))%*1HHh))9$%-3
H,'BS(.1WB%9?FB31(6[&1+B.BS1dW''8[S1Ž%:$?'‚
Œ,'/I[J1L(.R[3,41'/S(=1'(*1+(JF(31W5012ŽSB6F(61hS
HHŒ†,'/)I[J1 L,[r5*1,'(IP8[K1WB%S,81(K1+(.B<?[31'/S(=1'(31W5012ŽSB6F(61hS
Π,'(:$?q,81','(:$?q'/3,81,'(.B:6QF5J1L(M1#.501W501hS1+(K(.B%J1(IR'(K
()%.1R81+,4'1()M a%6(K1HHG-$%&B.1+,;<f/K1GY1@I(K1(?(=1>$%:f1R81hS(M1#N M(3
R81WB%K()))?(31'B)))K,81ª())))M WBK,8F(3())fBI(31#))Y ())Sq'(I(31,;))<$%=1T,',QF5))J ())IBC#3
G))3 T())%.531#)).RQF5J1'(-$%:))E?'1TL5))C +^e)))E?'``1()M ()?#:?[31+(:)f '()* TpQFB)=,8
F()= HHdŽ0Br()3 R8()* QF/)J TG)3B.1/)K d()<?[$?81h)S #:E?' HHpQF(&,81GI1RF(=1'(&[0
#IBS/)))9K(31d(-$%:)))E?'1HHŒG)))0B.1'B.()))M (:C()))6 ,;)))<$%=1'())))?wB31#-$?u$%))= TLPQF,8
HBK,8QF(&1$#I1R81N
B61+B=(N MB61#.BK(•B.5r(3
(:)E?'1'()* ()K G3(). Ž)$%&1B%.()I WFR'()N M5K1dW'R[)-$%&1L(YF()6 Žf(M1#.BK(SR;.(*
G)3 d#<$%K(I,817(=1#.BK,QF5J1,'(SF4(31d#<$?81R8F(3,'1#<%I1(:C(6 ,QF5J(.1,[J5C
HG9KB.RF1'BKB.1x$?F81+5C1R5U(?(-V?QF5J1D%=1(M1,[r5*
#).RqPF1()K(?,[J5C1'()* #+5)I F()= B%.()I G3(=1[J5C1F(J(*1ŒL5C1#:E?'1+(*
HH()?,;<?4 HH()KB0'‚1LR',8F()3 R81WB)?5C1#.'/3QF()m$%I17()J(M1 HHW(KB.1+8B3F(31#:$?'‚
,'().BS,41#0B)S ,8F,4()3(K1G)9%.,8R81 (.RQF5J1'(*1#-6/O&1d>E$%*1F(6(M1T(IR'B*1g[&
5)3 8''F81()IR'(K1HH#<$%K()I,817()= WB)K,QF5J1 LR',8F(31L5C1#:E?'1+(*1HW'/31œr(f
H(%.1,'(.B?q1p'(M1G3(=1WB:6QF5J1p/K(M1(-./012L5C1QF(S(M1+(K(:E?'1+(*15I
#X/J1R'B*1RFR4

!_7C'5#'?!":l<9m!#'?'(

dG).,8,/$%&1WB:N MB&()K ()?,u$%=1'()* F()= ­)E?'1 e6RQF R8,/$%*1+'B3(M1ŒWBKB.R81+(*

+'B0F()))3(.B<$%=1#:)))E?'`1())))3 ,'())S5C1+‚())M(K1(?(:))E?'1'())* F())= TR8,81WB))I,u$%I
#.B))SRF1#))¤$%KF1[))$?q1())).(¢1U()?'/3(=1e)9J1p'().BI,81,/)$%*1HL()3,81+'B). ^^W'/3()=
T$#3R@J'B0F())3(M1t,^W'/3())=`1'()* ()K ,'().(KB.1\,'()M œ)6 ,/)$%* #:)6RQF(31TWB)I5C
 ]!! !"#$%&'$()*+,*-
#0()K {)S >$?F,'().'/31 '/S(=1(.B:K,F(J1+;%*1T,'(.BSRQF1F(31(:$%AI'(KF(31','(M1(IR'
dU())?(<$?'B*1()):$%A31dW,;))3 #NMBS/:))9S(M1,'()).'/31N
R4()))3 B)I HHW()-31#.B)I5C1#:)E?'
''QF ())?R[C1+()))S(*1B).R81,[)_ #.B)?B.R8 +()* H,'()IR;31˜).,QF ,'(?F()6(31\5)= +()<$?'
#.;.BZ.()6 7()= 'QF()f '[$%C1+u$%=1F(A.RF(31(?,/$%*1#:E?'1,'(*1HH(?,/$%*1+BS(IF(3
HWBK(:f1#C[.1'B=(3
\()S(*1Th)$%3R81U50()3 R8#)S,81F()3(M(K1p',81WB:-$%.By)%Y1#).'/31 e6'F81,/$%*
t())J! Wx))$%3,81WB))%$%&1+(.B-O?'B))6 '()))* Lw()3 H().B:IR'B*1h)?R'81d™?()K +QF()& '()*
p[)Z31WBKB)6B?1'F'/:)6,81'R;)3 pg[)_ G)I +5)C U(?#:)f(K1FP4()3 h0,81>$?FB3''QF(M
dh)))9%.PF1,'()))? F()))6(31,'())))-$?u%_(31'B))3 'F'/:))6,81WBS())= BY'())* HH,'())?#N
M5K(3
H,'(.,;3R81WB?'B0/S,81F(6(M1;.(3''F
u$%)= #:)6R/C1Lw()3 HH(.BS,41+FB3''QF F(61(I(.''8FB.1WBI5C1+'B31deE?'1,/$%*
+QF,'B)3 +,/%<0()& ()K Ž:)ECF,8,'15)3 +(?(&R[C1d(KB01'(*1#:6RF1dL'B0F(31(IB=
H(.‚(J
†W'R[<$%&())6R81,'B))3 'F'/:))6,81'())* G))K #:))E?'(31,/$%*()))M ()ZY1ŒWB)?B.R81pF()*
+'B)). '(.B))9%.(31dW''8[))K #:))9?RFB*1F())='(J1dœ)))9C(31G)K G3(). ,/)$%*1#:)E?'(3
7()))= +5)))C 7()))J(M1+'B))))3 'F'/:))6,81dpQF())&,8R81FB))3''F1†W''8[))K #))Z.,QF ‰B))?B.
'(N
OK1d5&(f1(IR8(*1781GK1HHR8,81WBK(M5&(f(31QF81\(K(?#:f(K1#I'/M1HHW'/I[J
†h$?g[01°(K1(I(.B?''8[K1R8,8'/=1G31#%.BK,F(3F(31(M1(K
R8()))K,FB3''QF(M1B)K,81WBI()&R[C1'()KB0(M1()f,QF(=1+(?#)6[I(S1'()* ŒWB)?B.R81+()*
F()= ()-./01 T(?R8u$%=1#:E?'1+8/C(M1(K(?#6[I(S1+Rg[-$%I1/-N M(31TR8B.FBf(c1+5C
HF(<$%=R81',;<?41(9%S(=1#:E?d1#I(?5C
LQF,'B)3 +,',F(K1W''QF (:$%3,81T,'(?#.BJ,;<?41dWB?q1+,FB3(M1Ž$%NM#31#K(?#0F(=
>$?FBK £ (Z:?F(.(K1+,'(*1F(61(‡$?81L5C1+B6@3(31GIBK1H,'(&R[C1'(KB01+''QF(M
#.BJF,4/J()))3 ^ƒ)))c h*B))))K`'/3,;<?4())K HG3,8wBK())? (K(M())6(S1B))K,81R8F,',;<?4())M
WB)?q1Ž%.R4()K T›1#.BK():?F(.1+R4,FB)fBI1 2µ'(K1#N M(J,F1WBf'B=1+QF(&,81GI1R8+5C
BY'()* TWB)S41()‡<$%y31#.B)K,'B0BI1B.7()= R81L,8F()3(M1L‚1FR4()= #K(?(<$?'B*1(IBS1'g[K
HWR'81de¤J1(I'(K1B‡K(I(M1WBK'[I'B0(3
 ./0123$45,+67 ]!"
^HH#.BS[_F()3 T#N M(?Rg[$?/J`1#.BK(f'1ŽAI/Z.(N M(=1U(?,;<?4(M1R81>$%.B31'BZ$?QFF(=(M
H+[))Z3RF1[I4F())3 #0())K {S())M +5))C ())%.1U()))? ,;)<?41D)%=1T,'()I(S'';.Br,QF WB)%$?/J
#NM())?Rg[$?/J1G)).R/IB.1())K ()).BS[_F(31())6(K1'())* R81WB?q())M(K1L'/))3 \,'())* +R4,FB))f
L()M +,'()*HHG)0B.F,81#)$%M1+;)%*1 '(K(?,;<?41'/S(=1#:?F(.1(S(*1HHG3 +5C1#E_(.
o(?(S(*1Ž:E%31R8(?#?R'8
{)S #)6F/r1FB)3 #0F()= ()-./01T#NM()?Rg[$?/J1 Hd+F(A.BSF(_1(M1,Š.R[J1+FR;.BSF(_
dWB)f ()%.R[JFB31'()3 a?FB)YFP41dWB?()K,FR;.BSF(_1#.B)f F()6 (:$?'(K,81(.BK(0(K
HG3,8 ',;Y1(K,FR;.BSF(_1#OS
>$%.BSF())_ FB)Y ;.()0 ,;)<?412()?(=1#)6[I(S1d#I()?R4(3F(Y1R81>$%.BSF()_ '/S()=(M
())M ,;))<?41GIBKF())= H,'(?#))6[I(S1'u$%Z.()))* ()IBC,81+5)C a?FB)Y ,;.,'()* B)-3F,8
HH+5)C #Iw()6,8(31R8()* U(?(.RF()6 ()?R'1+B).BS1;.B&()6R81#.BSF()_ R8+5C1#E_(.
GY()))3 dF,'8R81(:))$%3,81()-./01Tp[$%)Sq,81+5)C #Iw()6,815)3 U(?(.RF()6 Ÿ)$%N O31WB)?
HG.,81+R81+5C1+(.RF'/:6,81'B6B?1'(*1+8F(JF(61dh$%=
B)K,81W;.B&()6 WBSF()_ d#OSG)& +FB)0B.1,;)<?41()K +,u$%)= '(*1'FBK5=1+,FB3F,8
R8+FR81Ž))K/c1+())SF(J(M1B))K,81,;)))<?41R'1,u$%)= '()* ()K X().B.(I1HH,'(I,/%)6[&1LFP4
ŒWB)KB.R81! BY'()* H,'().B?q1#)N
M81 #CB.1(I(S'/:9?(J1+;%*1HHG31£(K1{S1dWBSF(_F(3
ŒW[Z3RF1L(K(I/J1531p/J1(K1(?,'(*F(=
+8/C()K Ž)9%.R41 HH(?(=1R81U(?,;<?41'/S(=(M1u$%=1#:E?'(K1L'/3B%<NM81#:6RF(3
#:$?FR8F()6``1+BS()<31R81£()K {)S #:E?'(M1(-./012h?FR8F(61+BS(I(31WBK(0(K1{S
5)3 (?+FR8F()6 +BS()I(31a%0()K {)S #:)E?'1()IR'(K1H()?(=1 ^^,u$%=1G31F(6(M1u$%=(3
L())* F())= HHG<$%&())E31R81Š)).'/3,41+5C()))M #-$%)6(K1F()6(31+5)C #Iw()6,81+,'()*
HG3B.1#9?FR8F(31e6,81','(I,'BS1531+(?(.BKBI1(?#I(?Bf5C
p4B)))).,81,'())3 a?'())* '[Iu$%=())3 #:))6,81+())3 ()):$%3,81W'/3,4())K +,'())* F())3(M
R8+(K(Iw())6,81'u$%))= +'B<$%&())M ()))K ,[)I u$%=()3 R'()* H,'().'/3,41F()6(31,FR8F()6(K
u$%)))= #:)))E?'1HR8,81pg[)))_ $#)))I WB))))?5C1'8[))K WB))9%.1())IBK,81WB))?q1#.BK(?#))6[I(S
#?4B)))3'B01'())).‚''81#I()))SuC1dW8[)))K eC()))3 5)))C +FR/3())M X()).B.(I1(K(?,'RFB))f
+(:)))6(3(S1'()))3 WBKBZ$?QF()))V$%&1()))IBK,8''QF W'/3,4())))K ())?,'(*F(3(M1T1R81a))%.RFR;N
M8
 ]!l !"#$%&'$()*+,*-
F()))6(31a%:)))6,81dG)))9%.PF1R8[Iu$%=())))3 #N M8())M #|))f(S1FR/))0 dpQF())&GI1R8w())r(3
Hp[Z31R8+(K,u$%=
to#I/J1dL8FBm61G&1+5C1#<$%y.1WB?q
'()))* h))).R4,8R'1\,/)))$%*1T›wB))))3 R81L5))C #))E_(.1F())6(31())9%S(=1G))3,81())%.FB0
5))3 G)).,8,/$%&1ŽNMB))& ())-$%K(S,F1',u?F())• WB))? ())<$%=R815))C #-$%:))E?'1())).R81WBK()I5C
U())?(M1())Z–$%31R81>$%IBK())M HHB))Z31R8F()))6(3#:6,81+,'()M [)IF''81'[IwB)3 #-$%žB)SB*
+,'(.BCF(017(=(M1L^W'/3(.`1a%<S1HŸ.1pQF5J(M1(-?81#V%=1#<$%y.1U(?(M1dWB?F(3
H,[I;.(6(&1G&1(?#I(KBI1'(*
T,'())<3,8F(31WBK,F'())J ,FR81+w())J R'())* WB)):%<%31U())?p/K1F()))=(M1+(K(?#:)6RF
HBK,81eC(31+5C1WB?q1R8u$%=1'B<$%&1(M(K1Ÿ<%31+,81WBI5C1+'B0(31B6'(*
L5CF()= R81a%IBK1WBS(=(M1Tn.BSB*1'qPF1R'81'F,;ž,F1(‡A3(K1LF(6(M1(:E?'G&
€P[S(K1(f(S(*1F(3(M1HHL,8(*1531#.BK(I1t+(žBSB*1'(*1dL5C1WR/$%.(M1,F(J(I1(‡A3
#:$%:)6RQF(31#)KF,81()-./01T,'Rg[)3R81#)$%&1R8+F()3(M(K1G)3B.1()?pQF (V$%&1'(*1+R4,FBf
H,''8[K(.1hS1#:E?'
>$%.50F()= L,'()?#I,F4(}(31+(:)f '()* HHG)3 >$%.50F(=1Ž<$%|N M/C1s,81+(:f'(*
HH,'())‡$?QF(Z317())= Ž))f(<:E?/f5C1\PF())& '()))M d›(:)f(JF(31#)$%M1(:)E?'G&1tG)3
H,'R8F(6(M1+FB?g[31L5C1#:6R/C1'(-$%:9?/.F(61\(S(*
H,'/3(). #:6RQF #f'/I1,'(:$%3B<$%=1N (=1+5C1#S,81WB?q1#:6R/C(31+(6(K1'(*
+()6(K1'()* U,'F()= HH()?,8R@*1 #:E?'G31a?^W'/3(.`1H,'/3(.1B=,'1#:E?'(-./0
ŒB-31WB?q1+R'R81p/MB.1+531#0(K1p[$?/3,81+RF1dp4B.,8,'(.B?q(3
#:))E?'1+R'R81h))S \,'())* +Rg[)))$?' H()?p'(M1a%:)E?'1p'()KF,8,'1p/K()M WB)?q
HL(KB.1WB?q1#:E?'1+R'R81dL(K,8u$%=
F())J(*15))C HHW[IwB)))3 WB)?q1+8/)C ()M ,',;)<?41+‚()3(K1W()= R8pQF5J()M FP41#:)f
WB)?q1WRqPF()M pqPF1H'B0F(31(:$?'(KB.1#.B?q(M1ŠKB01#:fG3(.1R8(?BK(M1u$%=1#:E?'
#.BK())?#<$%y.1F())6(M1,8F())& ().8[K[$%_1L()3 ŒWB)?B.R81+()* a)%<S1HL''8[K[$%)_ +,'()*
())9%S(=1+())&R[C(.1'())9%S(=1+())KB0(.1oŽ))$%N M,81WB))):$%&1BY'()* HHŽN
MB)S,817()= WB):N
M8
 ./0123$45,+67 ]!…
#)).R;<N
O315)3 WB%K''8F()= ()&R[C1'()KB01WB)0'1G3()3 (:)E?/$%&1()-./012Ÿ). R8pQF5J()M
HW,;31WBK(I
WB)Iu$%=1+,8R@)* de$%3()&R[C1'()KB01 #.R8F,/$%I1L,81+(*1HHŒWRg[31±[.1+(*1\,/$%*
#CB.()))M(K1HH†FBK())).(¢1Nk1WB)))%.BI5C1+()))).R/$%&1da))$%K1#)).R/I1WB))I,81())?B*1())?R/3(.
WB))%J1dWB)):.'/31F())Z?FBK(31e))6(=1d˜.B)))3'B.1'B<$%&()M ,'()* WFR8BS()I ,'().B:.''F,8
'u$%)))= WB)))I5C1#N
OS()))CF(31()))).(Ã(*1+(.B:))f '())* ())K hSB))_B.1,/))$%*1H()).B:.,'/07(=
#)IR41F()6(31d(?R8Bb/)f(.(M1',[I,F'()J ,/)$%*1+(.;.BZ.()EN M(=1 '(M (?R;$%I1WB:-$?u$%&
HHG)0,8F,81 +5C1#N O-$?/I(M1'BK,81ª(f1+5C1+(CR45r1U(?,8RQF(31HHG3,8wB31R8+5C
+,'()))* (:)))E?'G&1G)))3 ()))&R[C1WB))))? ())KB01#))<$%=R81#I())%K,F(J1+())6(K'(*1BY'())*
p'())K,8F,81(<)))f(0 '()3B*1HR;)3 #)-$%I1dG)<$%C''F1#)3 ,''8[)K +,;.4()S a$%&'()S(M
X()N
M5S1X,;.,'()* \(?(KB01L(*1Lw(31H(KB01h?[I,F'(J(M1(-$%f(31(&R[C1h?[I,F'(J
HW(3,81G&1+F(_,41WBK,F(<$%|N M/C1dh$%=R8(K1+(-31$#&1#KF,81TR8,8
a)%.R[J1#-$?FB)K '/S()= '(:C()6 ()K,FBK1Hh?()-31 +R[-fB*1Gf,81G31G.50F(=
():$%3,81R81WB)‡$%I1dpQF5)J,81R'()* pF;)3 WBy).(&1 U(?#:6RF1F(=1HHpF(31(IBC,81WB‡<%I
WB))%$%M1Ÿ)).R/:31#-$?;.,'())* h?()))K,81WB?R[-)fB*1+()M(J1#:)6RF1'()* H,;<)f/K1+[)=,q
H,'(<?(-31WB?4F(31(:E?'G&1dh$?QF5J(M1FP4 +,F(31/.BC1(-./012h?,8(*1WBK(S/-$%I
HHX/J1+R'B*1RFR4

!@$'[!B#C'O

().BS/J(31G)K T,'()I(.'/31F/)$%=1#.BK()?#?w/r1 ,'(IR/C,81x$%J1R;$%I1ŽK(?B?F,81hS

šBK().R'B<31Œ†()&(J'(:N MBJ1F()= WB)?/C1d()9%&1R8,8B.()& ().B.4'/SF1'u)6 ŽV%31'(*1(K
dLw,'1()-O%c(31dW()K,81h$?g[0S()K ,'R4,QFG31k5&(f(31Lw(31h$%C'QF B.R81dW[JRQF5C
()))M(K1+()))).R'B%&1,F'())J '())M ŽK())?R[3BK1Pg[S())* H˜.())=B*1'R8())6 ()).(K1+,81Ÿ.())-$%&
'()3 +():NMBJ1,;)<$%=1 a%<S1#.B%J1HX'(-$%&1'B01W,8,81^OFB¤K`1Ru$%*1^WB%J`1+[IBCF(3
,;.,'()* F(=1HH,'(I'(K(.F,81(?,F'(J1'(*1Lw(31HH'/31Žr/.1R81Ÿ.(-$%&(M1XB=(<?[fB.
 ]!’ !"#$%&'$()*+,*-
(<%:)))6RF(31BY'())))* TR87())= ™))& +5))C #Z<))6 ,'())IR;31,8'/))6B*1+())6B.(=BI1'/))3
HX'(KF,81531ŽN M/J1#31#K(?+'BKQF81(|M1,'(%.BK,QF;<f1(OY1','(?#.BK(<$%6[I
,'().45I1 +'B0'/S,8(31T,'/317Bc1#?R4,FBf(.1','/31Ÿ.(-$%&1,[$%_(.1(%0'RF1'(*
R81WBK,F,'())).BY17())))J(M1p'())M +,'())* +R'81H,'())I,'RQF(J1,'())?+FB%.R41#N
M())Z.(Y(M
œr())f ,',FB)EC''F(31+().RF,'(.BY1'()* +()<$?'1BY'()* HHWR4'()J dWRFP41()I,'/I'(K
\5))C L()).B.B%J1,F5Y'()))* L5C()3 \()3 2R8()* +5C()3 ªR4'1˜)<N
O&1U,'1BI,'()* H,'/)3
H,'(<3,8q[K1,'(.B?5C1+/%<0(&1F(6(3(K1h$?'B.
G&1WBI(:¤J1L(31H(%.1WBK(Z.,F1,F5Y1'4R'1F(6(M1$#NMBr(S,81h$%NM,81,/$%*1Œ(<?F,8R[3
H WBK()Z.,QF '4R'1+[IBCF()3(M1()-$%IB3(C1#.B)J,;<?4 +B&BIF()6 (K1h.R4(.1,/$%*1G0,8
5)))3 +R'1BY'()))*,81H4B3''4RF()))I Ô''4RF())))I Ԙ.())6'B=1())M ())?#:?[31^ª'4`4R'1'x))$%0
dWBK(Z.()))))6'B=1'B<$%&()))))M ,'()))))IB3(C1(:$?'(-)))))f(.1d+x)))))3 p'())))))?,81+())))6(K'(*
ŒR81WBK,4B3''4RF(I1dWBK,''4RF(I
R;)$%I1#).R/Y1/K,'B)I '/3,8'';.B)S R8+5)C #I(?B.4(S(M1(?,F'(J1R[3BK1'(*1(J45C
#.B%)f ,FR41$#)3 'F'/)ž,F1 ,'(?5C1#I(?RF'(J1e6,8(3(K1+,'(*1F(3(M1H(?BI'(-3F,8
Œ†(%01#SBI1šRu31dLx$%V31#$%M1(K1(?,'(*
R;34B)))3 ,'()?5C1+()9$?;.(*1F()6(31G).R/IB.1R'()* pQF5J(). R81s5C()M ,F'()J F()J(*
'R81+Ru$%)* R81WB%J1'B<$%&(M1(.4(S1'(*1HHp[f5&R81+5C1QF(S(M1+F5C1(-9%I(31/K,'BI
HWB)KQFu317()= HHW'/)3 W5)S #.B)K,'B0/S,81HH8[)K +F(A$%61'RF(A$%61FP41#K(?,'BS153
k1WB?#I(?BK'/)))6 #.B)K,'B01BI,'()* Hp[)¯ WB)6[3(M1R81#.R'QF,'B0()M '/)3 \().R'(M
N
Lw())3 HB))K,81W'/3,8'/)))6B*1+()<S1(KB:)E$%*1dW'';.B)0[r17()= +/)$%M/VM1HHG)0,8F,8
H,'/I'(K(.17B&1+531R8F5C1[$?q(M1B:9$%=
RQF'())* #?FB%:C())3 ())M B))6'(*12,'())I'/YBJ1#NM'())K ,'/))0,81())?R[3BK1'()))* ()J45C
a$%&()M #m)6 +B)J U,'1(J45C1HH+',41#I(?BK'/61U,'(.1,'53,8'N ¬31+',41+(SRF(3
d+',4())3 \())K a))$%&1+5)))C +8''F81,',QF53BJ()3 B)6'(*128[)K,81+45)I ,',QFBY'()=
Œ8[K,81(?+',41F(6(M1+,'(*
','(I(.''8FB))f +5))C +'B)))0'g[01#.BK(:)6,8(31B)6w5S(01,;)<$%=1()?,F'(J1'()*
U,'1#9%.BK,FBK1H,'/31W5S1'q[J1+''QF ,''8[K1#.BK(Z.BY‚(31+FB?1e6,81,F(A$%6
 ./0123$45,+67 ]!
R8+(K,FBKF()))6(31F()))JFBK1de)))$%31H())))%.FB?81,/))$%&1+,',8[))K dW'())K,8F,81())9$?;.(*
HBK,81œr(f1+FBEC''QF U(I'/.1#-$%:6,8,F(A$%61R'(*1G3(.'/I'(KF(6
H()))?(=1+u)))$?F1#_B)))S p[)))J,81X'/YB))J +,@)). +())JF(31())?R[3BK1'())*(K1,'())S‚(3
#)f(.B?BZ%.1'()* T,'(.,;31>9%I1,'(%.BK,'B0(M1B6B*1(:9?[_1+BZ%.1Ž9?4R/C(IR'B*
h))S ())-./012,'())IB3(.1+5C@3())M WBK()).R'(N MB&1#:)))E?'1/K,'B)I ,'()<$%Z.F'B.1u%JF()=
€P[)))S ()K ,'():$%<$%¯1R8'B)%&1,F'()J +()O&(M1U,'(). wB)3 +'B)%&1():$%A31p',81N
k1L,'()*
HBK,81G&1+FB?1p/$%Z.(*1G31U(?B3,uKF(=1dG0,81j%K(M1+5C1#:E?'1R8(M(c'(M
#))f WB))KB‡$%=1e))9?(JRQF1,'()3 ','/)3 N
R41R81WBK(:)6,8(31[)3,41F()6(31().4(S1'()*
B))I B))-3FBI/r1a%.B))KB‡$%=1dWBK(:))6,8(31[))3,41#I(?F()))6(M1(KB:)E$%*1Lw()3 HH,'()IB-3
H(.B?R/C1#I(?R'B61#CP81531pQF5J1WB?,81,'(:$%<$%CF(0,81WB%N M(=
HH,'())I,/%K(I1#))<JF41())M ()). ','/3()).(C,8F,41+[$%_()). ().4(S1R[3B)K '()* +FB)%.R4
#))& HH,'())I,'BK[S(.R81tR8#)).R/Y1+B?F,8())M #))f(.B:6F(&1i,'()))= k5&()f WB)E?8
#I(?F()6(M1/-N M()3 HHR;3'B)I W'/)3 ()6(I1+,8RFB)I +(I,/=()f '4(c1'(*1BKB.1eE?'
'())* +;<))6(&1FBKB*())M #:$%-))6B.1ƒI())N MBc1())-./01TB))-31Ž)))r/.1R8#.R/Y()M #.BK,4()c
H())-I'/M1'())&5&1())NO01(I(.'/:)))9?(J1,'()<?[-_1G)I +5=()3 ()K ,'():$%3B.1B)%Y1(.B)6(K
+F()6 WB)3 (:$%A:)EC(.1#:)6,81R8#.'/3,8'/)6B*1F()6(31 W'/3wB31'B<$%&(M1BI1WR'(N MB&
#-$?FB))K ,'()).R'(NMB&1+‚())3 #))).R/Y1#).8[K1G)& UF,81HG)3 ,'(.B)6(c1#‡%O)6(I1G)3B.
H,'(.BK(.'/I(01(S‚,41e6,8(31R8B.1+5C1#.R/Y1(-./012(:C(6
HHG).QF5.1+()S a%K'/)6 (31'(-$%-SBr1p[r1hI[JR81N k1G&1dh?g[317(=1N kG&1#.R/$%.
WBK())).4(S1k()))J (-M/)))6BS1Lw()))3 HH()))Z.[J'F''81#0())))K ())IF/K1())K,'BS1,;.())0F(=
'B<$%&())M u$%)))= '[)3,41()K ()?R8,'(M1#).R/Y1Hp8#?B-)f'1WB%:)6R/C(.1','()<3,8F/$%=(.
H,'(IB-31#f1+5C1R8'B0F(31#:f(M1,'(*1#IB3(M1'R;375K1dp4(3R81R8#.B3,[y%S
B.R/I(31+,F'(J1+(*
F()6(3(K1G3()•B.5r1 R'8'(*1\(K(?#.B3,[y%SB31HHp'B.1Ž%.B3,[y%S1R85I1+(Z–$%3(M
()3 R81U()?+FBK8(31 d#9$%Kg[&1'/S(=(M1(?B3#.R41L(.1F(J(*1HHp'(K,8F(61R;I5C1#IR4
().RF5M(J1'R8()J '()*(K1FB)Y FP41H+;.B&()6,8(.1R8F()6(31L()KB01 u%JF(=1+8[3/:6,8
dŸ)I$#31 d(0B&1(:6,8 +;%*1T,'/IB=1WB%$%&1Ž<%.(-$%&1L(N M(r1(I,'R81WB3,[y%S(31WB?5C
 ]!ˆ !"#$%&'$()*+,*-
'()))))* #I(?R;<)))6(&1())).'/b1X5)))C #I(?R;<)))6(&1G)))3,81HpQF5)))J ()))I(.'/I'(K1B))).R/I
dWB)?Bb ,/)$%&1WB%?'():&1d#)-$?F1Wq()3 'B=()3 Š&1h31,',4F(31,;.(0BI(K1$#3(.B.'/:6
H(?R[-fB*
Π(K,F'(J1,'B%&1+(*1GN M(3
[$%)I [$%)I dG)<317()= BI5C1L,8F(3(M1BbwB31+(<$?'B*1d+(Z31#.R/Y(3(K1p81>$?qPF
#?B3(M1dpQF(J,81GI1+4R'1d4(c1e9%.B%J1B6'(*1HH#31#.(C1d+4B<31X5C1#.R/Y(3
+())?B&'(O&1()M R81s5)C #.'()C(M1WR'()N
MB&1Hh)3,81R[-)fB*1­)6F(&1d#I()?R;.(31B):.'/3
HBK(.1{$%J1dWB3(.1WB%J(M1+5CBI1,'(:$%3B.1>?u.1œSBK1#.R'(N MB&
#X/J1+R'B*1RFR4

!":%7'*+2?#+R!%7nC'.

R81L5C1+F(31'F',8(31GIBK1TŽ:9?PF1F''81531','(I[J1ŽN MB31R8^,;<?B*`1#.B§B*(3
h))S #<$?F())6 ())M +8())). L()K #-$%:)f ().BS,4(M1()Z–$%31()-./012e)9%.N k1Ž)6[I1Ž)%.R'F
#Iw'())M HHPg[S())* #.R'B))%&1+,/))$%*1HH,/))$%*1(‡:))9?(JBI18[))K 7()= Ž:)9&1R[$%)C HHG)3R8
()-./012G).R81Ž)S5C1#žF()6 L(K(?1(.BKB&1781dŽ?4(3R81,/$%*1/$%.(M dR8#I(.B:6FBf
()?B<$%=1#)<S1#)0 Ž<:)9%.1N k LB)6 +RQF,F()6 šRu)fB.1HHWB)I‚1 (¦B=1,'(?+'B-f178(3
†ŒW/?8(.1WB?(.B?wR'1/N MB*1dX(C1,F5Y1'(*1šBK,;?81F(3'(S(M1HHŸ.(-$%&
,'()S5C1F()3(M1dGK()N O0,8R81 ŽN M81'8[K,81WB?/$%Z.(&Br1Ž9%0Br1dš(K,;$%&1F(=1hS
^^Œ†G31˜.,F1'BZ.,F1+F'(=1+(|?[3B_1,[$%*1G3,8``1oµ/J
˜).,F1F5)Y WB)?,81WB:)9?'B0/S,81','().'/31 X/r1ŽS,8F(3(M1,/$%*1ŒPg[S(*1#.R'B%&
R;))))$%I1WB%M5&())))f WB:.BK())))Z.,QF ,'()))).BIF(3'F',8(M1\()))))<$?'B*1WB)))?,81HH,'(<)))f(3,8
HH,'(.,8,8
WBI5CQF()S(M1+()K,'B0/S,81+8/C()M [I[?(61#-$%f5&''QF h.R/IB.1,/$%*1#:6RQF(3
†h$%K1,/$%*1$#.Ru31GK1G3,81(IR'(K12W(-3R;?(&1,'‚'(3
 ./0123$45,+67 ]"‘
BY'()))* ,'())).B:.R/S(=1+'B0/S,8()))3 ,'B))). +5)))C +,'B)))vB&1+F5))))S ''8F'/))3RF
#0F()= ().By.(&1WB:%:)6RF1,;)<$%=1+,'()* F(3(M1HWB31(I(.'/:EC1WB:f,4BI1+FR'(6B*
H,FR'(NM5K1R;%$%I1(?+x$%A.R',QF dh?g[3F,8
#))3 h)).R/I,81())?B*1R;))3F,'1WBI'B.())=(M1e))6,81G))3 #K,F())J >$%K()))? dXB)= F()J(*
dUBfBC(M1hK(?5„$%&1B%.(I1,/$%*(K1RQF \,'(*17(J(M1T(?(=1WBI'B.(=1,/$%*(K1h<$%©(6
†'B-M1R81U(?(31+w(J,QF(K
,'())).B:.BK,;.(31''QF /?8'())))M W,8())* U())I W50())K W‚())J \,'())* 'FB))JqPF1,'())*
HW()CF,8,'1WB:.BK():?F(.1#S(YF()6 WB:.BK,'()<I''u31/)K,'1 F(=1HHG.,;31WB:žF(6
WB:.BK())Z.,F1dh))$?F;31pg[))_ WB:.BK())N
M5K1dh$?F87B))SR81WB:.BK,;.()))3''F1F()J(*1BY'()*
Hh$?',QF ,;<N MB31+(SBY/$?81(<3,81R'(*1h$%:6,/31N
'/Y/¡(M1','(<$?g[E3
D)%=1d+81#I''QF()3 L,/)$%*1WB)%-$?qPF1 #-./012L'B6BI1#-$?F,'(M(&1hS1R8#:6RF(M
R8())IBK'(M1X()).B.(I1HHe))9%.N k1Ž))6[I1RF'())M +;))%*1HW'/))3 #)))f5&(.1+R81a)%-$%Z.,F
HL8[K(*1531WBI(.B|fB*1+B‡$%=1','(.'/31n<r1R81ŽS,8F(3(M1F(-?(&1(-E$%*1U,'(K
())-./01T›1WBK()))?#?BSFBI1#VI()SuC1d±,4P81+F/$%Õ()K ,;<)6(&1,'‚()3 LR'1h)S
+,'())* Œ Pg[S())* #.R'B)))%&1H()%.1WB)?'R[K1+FB)?81#K(?#I(?B)6(K1a%.BK(<%)9.1±,4P8
h)3 X'/)r/I''F1#I()?5C1#¤?()K BY'(*1HHGS,8,81WB%žF(61(K1(?,'(*1(.R[J1šBf(M
Hh31eCR8F(&1'(:f5&1WB?
,;<NMB)3 R81\''8F'/3RQF()M +,'()* ',FRq()& +5=1(:$%3,81tR8,;<?B*1#.BS,4(M1+,'(*
+())?BS1,'(.B:%:))6RF1+,FB3())M p'()))?,81()K ()?,'(*1F()= ;.B)6[I1#.BK,'R/$%)f N k1F()6
'/S()=(M1h?()I''QF (?#:6RF1'(*1(‡$%*``1oh$%N M,81WBI5C1G.BI,'(*1(-./01HG31H#?B%<NM8
+()_,81+,'()* G3()3 dW()K,817B)9%_1(<)f(01L()3 B)* ^^h)?F'81 (31>$?QF,'B31d£'/&1'g[&
ŒW,8(*17(=53 WBI5C1G3(=1WB:Z<6
WB)):-$?QF,'B31D)%=1()?B*1,'';.B)9C(.1WB)I5C1().BS,41d+F,'B)Z.,F1'/S()=(3(K1,/)$%*
$#I'@)3 '/S()= +,'(<$%)f,/N M(=1Ÿ.QF,'B)3 +8/)C +,',F()K N
BI()3 ,/)$%*1 (?R/J1HH†(?(=
+F,'().'/31 B%.(I1#:6'F81d#:6RF1Nk(J1'B%&1,'B.'B.1WBI5C1(K1,/$%*1HH†Ÿ.1>$%<?[-_
HWFR'(9$?;.(*1d˜.P8QF8
 ]"] !"#$%&'$()*+,*-
'())* H,'())I(.'/31e))6RF1()))C(?1'(:)6,81tR8,/)$%*1+'().8[K@3(M1WBK()CB01'/S()=
,'(?#:))6RQF(M1t,'()).BI,'(.8[K@3'B0(31t,'())).B?(<$?QF'1dW'()C '/S()=(31(.BS,8F()6
Hh•w/r1p/J1,/$%*(K1\,'(*1+R[$?'1HHWŠ-?u.
#.,'B)C h)$%=R81 ,/$%*(MF(31T,'R81e6,8(M1WBIQF,'B31dWB‡%*1dW'/31#KP4(.1#f'/I
,'/I[JRF1+5C1+QF,'B31;./I1','/31+5C1#.BK(.'(C1d,[$%:6(*
()K ()?,'(*1F()= WB:%:)6RF1Te)9&1+4B)J F(61(I(.'/I'(K1hK(?,4R'F,81;.(01,/$%*
o(?,'(.B:S,8(3
H^^(.BS(.1+(:E?Bf1F(=1>$%:f1'/S(=``
X/))r R81ŽS,8F())3(M1F())-?(&1(-))E$%*1U,'1())?5312,''8FR/)))C WB)I@J1,'()?#KP4(.(3
G))f,8``1o#))6[&1+,8())K ,'/3()). ,'RFB))f ,'())?‚(31WB:))f(31FP41WB)))S/JG31T,'()<3,8
#)))$%M1+,'()))* #:)))6RQF(31†L;)))).Rg[_1N
k1#-$%:))f ;)).,'R/C1L'/A:))6'/.1hS())K R8())IBK'(M
H^^L''8[K(). 4R'‚1#9%.BK,'/6RF(&1'BK,81>$%I,[_B*1#.8[K1e6'F81#f(31L'';.Rg[_
Hh$%N
M,8R'B*1(.BS,41L(*1#.R'B%&(M1FP41#K(?,FBSq
()K p81Ž<%.()-$%&1\,'()*(31Š)& HHŸ.()-$%&1():$%<$%=1L,81WB):CP8'FB31 Œ(<?'B%&1+(*
L())))3 p/M()))). L53())))K ()))))?R8,'(M1Ž%I()))AJ(.1HW(‡%)))6RF(61dWB3())). WB)))I5C1#)))E_(.(M
())?#.(S,8FR/C1,[))_,81())b,x31Ž))Í,81›1a?FB))0B.'1dš()))-3G&1WBI(.'/3(‡%)6RF(6
H,'(vBS#31dL,;3 #_[M1','(.BI(K(I,4(MG3
'()))3 a))$%S1pg[))3 F())J(*1Ž))%.1a%:))6(3F,81HšR4,81WB:K'/))6(31'())6F/r1L())K(N M5K
›(K1Ÿ.,'B%&1'(*1Œ(<%CF(0'B=1+(*1H›B.1WR[J1FB31WB%$%&1(-./012,'(:$%9%<31,'(N M5K
H,'(:C(61+FB31[$?q1(.(C
Œ†L(¢F(61U(?(-I'/M1£1F(61531šBK,4(c1'(6BI1G3,81ŒL(K(CR81+B*
'R41(<$?/))f(M1Lg[$%))J,81'B))0 ()).R8'/=1G)))3 ,'(.BK()f(K1W8F()J +()&5&(M1G.BI,'()*
R81WRFB)f +,4R'F,81L,8F()3(M1+8()N M(3B.(31R81ÇB).5r1 L(K(?(M1B:9$%=1Ž$?QF(J,81šB‡:9%.
+,;)<$%=1Lw()3 HWR8'B)I ,FB)JqPF1L()* #.R'B)%&1 +‚1531L5C1#fPF(&1'4561HŽ0,8/‡$?8
L():N
MBJ1;.()0 ()IR'(K12W'/)3 F''8()3 hS(M1d#K,'‚1W8[K1+8(31N k Ž-$%N M(S5K1;.B?BC(.
'R4(<$?/))f #I,F4())} ())3 dU())?,FR'B*1())S'/31R'())* HHp[))J,817())= WB%.B))f G)))3 WB)%$%&
G))V3F,81N k +(.B‡:))9%.1'())* F())J(S1HHšB‡:))9%.1G))3 ,'B:)))E$%*(M1F()= HHL,'(.B‡:)9%.
 ./0123$45,+67 ]"
,'()* F()3(M1 H(?R81WB?B&1G31+B?F,81#:6RQF ,/$%.(M1'R8FB?8B.1+',4(Md(bBK(N MPF1#=(K
'())* +,'())<?4P81#-?F())C dL,;))3 U())I L(K(?#:))f(K1,'()).BK,'B*1F()))6(31(:)E?'G&
H›1L(.B‡:9%.
a)))%<S1()))-./012L,;))))3 L5))C #=B))./J1+Ru$%))* R81šBK())N
MPF1#S,8F())3(M1(:))E?'G&
'Ru$%)* R8,;<?B)* #.BS,4()M ,'()SB.R/I1'/S()=(31(:)E?'G&1 TL'/31L5C1#.R'B31#K(?(N MPF
H,'(S,;31L4Bc1#N
MBc1#I,FB_(K
#X/J1+R'B*1RFR4

!
!c+G!0#+4*"$

XB)))= R81ŽN MB?()))C(31R8+()))¤?[I1,'(SF()))6(31dX'()))KF,8N k1ŽZ.B))))S '())f G<$?'8())K

GNM()))3 HG3R8'B.()))=(M1#)))$?qPF1+,[$%:)))6(*1'/0,8,'())))M HH(?R4/-))6 F())6(M1d())K(?GS
T())))?R'/3(.GS1'())?R'/3[$%.1˜.B))S '/))3 Š))f5C1Ž))$%&1RQF \,'())* 7())J(M1T'/))3 ,'()).Rq(3
,'()&R[C1 +4B%.(31d(-$?QF(J1'(f1(-./012(%.R;$%I1+(.R'B%&1#I(¤%61,;.(01,;.(0F(=
di,'()))))=(K1()))?(.B.(3,F1'()))* U,'1a%Z.B)))SHHG)))0,8F,81+5)))3 'B)))K,8N
k1#.B3'())).B3
WB|))fB*1#I,4())M d#)))f5C(3(K1()?,'(*1+;.()S''4,FB*HHpx)&,8F,81N k WB)? +8'/)6(c
Hp[$?/3RF1dp4B<3
,'B.(K(.B3F()6 #-)6'/O&1F()6(3(K1p'B). \5)C L()E$%N O01(O%)9& '(*1hS1T[$%C(.
()K WB?().R'(*1X()A?BI(31(-$?F,;)6w(S15)C '/S()= ()M Ž)rF1L5C()3 \(31TG0,81de$?8
ŒW(K,81(-O?481G&1R81WBK,'R[K1Ž?Br1(r‚,81h3(M
a)%<S1 TpF'/3,8RF1,'(f'/.g[K1d1+uKF(6(31R5WBK,[$%:6(*1#C(?RF1F(6(31˜.BS
+'B)%&1+'BZ.()= HH()%.1WB)%$%&1+()&[I(M1e)$?/J1 dh$?uC,8RF1(&[01G3(3(K (?(.R'(M1ŽrF
L()* TpQF()&,81 $#I1,',48(31(O%9&1#0(K1HWBS41(:$%<$%=,81+',41B.(&/V$%&1$#31d[$%SR/Y
H,'(:$%<$%=,817(=1ª(=B.1diR8F(J1+'BZ.(=1F(=1B6B*1(O%9&1\(Z.BS
()))-./012,',8F'B))))= Ž))f,/$%* 5))3 'B–<$%=7())= L())?(.'/b1L())* ,/$%*())M Œ())<%N
M(•,8
HW''8[))K #I(K())f 'R'())I R81\'())CG31+FB)))%.R41+R'8()3 WB)I'BI,QF #:)6(.1de)6(=
 ]"! !"#$%&'$()*+,*-
F(6(M1+,'(*1d+',41\,/$%*1(-./012h.8FR/3RF1#f5C1+(O?5K1,/$%*1,'(9%<S1+‚(3
BI,'())* 2,/))%.R41šBI8By))%.1+'R[<CB))* RQF \,'())* 7())J(M1HHh)))$?',81WB:)f5C1()? +',4
HH().R81>)$%I1e)f',QF d+FR4(SF()f +(?BS1,'(.BI(K(?#:E?'(f5C1(I,/%<0(&1WB:%0
Œh0,8'(f1+(K,[$%:6(*(M1+'R'(I(31,/$%*1(IR'(K
#K'/)))6(31()KBC1+,8F,'F()& #0F()=(K1W''8[)K {?B)r B)=,'1WB)%.B.BS',/$%*1,FB)?8
Ž?B)r R8,/$%*()M +,'()* ()-./01 HHWBI'B.(=1(I,'/:9?(J(.1(.8[K1{?Br1L(*1Lw(31HHh.Ru3
()))-./012,FR4(SF())f d“?F())I WB:))f5=1d+[))?q1,F5))Y '())3 B))* H()).BI'B.(=1B%.())I G))3
+F()6 R81$sQF ,[$?/K()3 R8+FR4(SF()f(M1a?'()* T,'';.B&()6 R8F()6(31 +5C1WBI'B.(=
oR8+5C17(J(M1\5=1+4RF1(.,;31p/J1(IR'(K1HH,'/I[J7(=1+5C
L5))C dLB))3#.R'QF R81WB)))?q1F()6(31,'()9$?'(M1dLB)9K,817()= >$%<$?/)f 5)3 ()J45C``
'())* ())S'/3,8(.1R81i,'())= L,81F()))3(M1BY'()* Œ()?R8[K[31FB)J4F1X,/=()f #)6,'(=(M
5)))3 #)))<%I1+(K(<)))6'(.1()))6,'(=1dG)))9$%K,8F,81#.B))))341,'())I/K1,'B.())=(31+(J())6
Hpx$?QF,81G&1#-%M1dG<$%=,8
BY'(*12LB9K,817(=1R81L5C1#:E?'1F(6(31L'/3,81F,'(:C(31R81WBSRg[$%I(M1(J45C
HHLB)9$%K,81 R8F(6(31#N MB31#I(?B<‡$%=1+;%*1HH'/3,81LFBJ4F1R8(.B:6F(&15C1#%N O$? G3(M
Œ,'(?BS,81531WB%Z.BS1+BZ%.1(:6(S1B%.(I1Ž9%.BK,'B0
()K(?,/?QF(&1d#K,'B)* ()-./01,'():$?4;31+5)C #IR4()M +5)C p'()?,81 ,/$%*1#f5=
R8+',4 7())))J(M1+FR8781˜.B)))))S +(<)))f(0'(31F()))= HH()))?+',41#<$%|)))fB*1+PF4()))SBI
Hi(31dW4B.,81+',41#.R/Y(31WB:.BK,'B01By.(I1\,/$%*1HHXBK,8
#)))$%Y1R;)))%$%I1'B))))K,81+@))JR81UB))& +FB))%.R41B))6'(*1'/))3 8B))f/J1WB:))f5=1dXB))=
,;.,'())*(31/-NM())3 HHB)))-31+5)C +@)J '()N
OY1WBK(:)f WB:)f5=1U,'(). ()IR'1HH,'():$%3,8
+()<$?'B*1()M(K1+(<)f(01'()3 F()= ,'().,;31R;)$%I1 #Z.,QF WBK(:f1#?BSFBI1(K1p'(-3R8
H,'(.,8,81F(A$%61R8,'B01FR4(=
HH,F''81#:$%KB&())M WB:))6,'(=1Œi,'()))= '4()c #.BK,'/3F()A$%I[JB*1()N M(•,81pF()*
+',41#S''8F())))S ,/))$%*1HW'BI())Z.(I1R8''4,FB))* di,'())= ())M(K1())f,'(*1F())3(M1F())=
dh)<$%=,8R81G:)f(K1 p',81\5C1WB%?',41WBK,4R/C1$s/.1dh$%=R81B%.(I1HHŸ.1e6F(&
G))A31R[-)))fB*1W;.B)|N
M/C1#:)E?'1p/K()M HH,'().[J,81NB)3 B.B%)f5C(M1,'().(K,81#)$?/.
 ./0123$45,+67 ]""
,'()))*#<$%|NM/¢1[IwB)3 +5C()M #-$%:)f p'()?#31>$%)6(KF(=1HH()?p'(M1F()= a%:$%KB)&
R8(<$?/)))f '())M LN
‚())3 HHµ'())K #)).R/Y1+R'81H(:))6R/C1de))E?'1dh?[IxKB))& #.,'B))C
,'()))‹4P81R8(<$?/)))f '())))M HH'/3B))6RF1e))6(3(S1',F())3 ,8R@))* de))E?'(K1,'())‹4P8
TG)3 WBS(). +8'/<)f5C1R81WBK()<$?'1 +,'(.'/31,4BI1d1+FB-.RQF5J1'B<$%&(M1L''8F(S(K
G))3 U,F())J #.B))%1+())6(K1'())* HHW())9%S(=1+()))MR[3 ²F()S d#:)E?'(f5C1()-./0
HHH(?+4RF1a%.8[S(3
HLx$%3,81WB:$%&(K1(?,'(*1(S(*1ŒWBK(N M,8'/31dU5<6[I
dÀ)3 L/)r/.1R81WBSRg[$%I()M(K1 (?,'(M1WB?4(c1WB:.BK(-V$%S1,'BC(0F,'1BZ%.1Lw(3HH
'())M Lw())3 HHpº))3 'B))). ^^WR/)Y``1()3 Wg[)3,81G)I +'B)0 ,'()6[I(31+,'()* p'(.B:)f,8
H W(K,81+'´J1,4P@&1'QF(_(31'B.1LBK1R8(M(c
ŒUB&1+FB%.R41#.R'/I'(K''8,QF +(*
,'B))%.81F())6(31WBK()).R[J1FB))3 ,g[))& >))6 U,'1R8()))M(c'(M ()-./01h?'BI,[_(). ()?53
Hp'(KB.1GI1WBI',41dWFR'(N M5K1R8^^Ÿ?R4``1(M1HW'(K,8F,8
WB)):N M81oh.())?(Z31$ƒ))I WB))SR'1B))I h<CB)))*,81X()KR4(.(M1g[)& +()f'(31WB)IFR41BI,'()*
HW''F1''81dUB&B.1WB:f'/S(=1#0(K1T,456'[y%S1+BZ.BK
šBK()I/J1dLx$?/N MB)I ()K šRu)f,81HH1,'()S'/31WB)I'F ',F(31,',[341+(I'1(31,[$%*BI
()f'(31()f'1,/)$%*1+;.,'B)S,41#).R/C +/)?F,'1 ,u$?F(M1(-./012LBI(C1G31Lw(31HHWQF8
HHŽ<?(J,8RF1R81WB%.BK(N M(•,81#$?/J(31(-./01W[341dª,F1šBK(f'1(?531H,'(I(<S/%<0
+,/))))$%*1#))I'/M1())./K1d#))6BS(KQF81d°,8())6 ())•'Br1())M W''8[))K g[))& Ž))Z<01BI,'())*
H,'(bqB*,81G&1WB%KB&B.
#K()?R'(=1TB)K,817()= WB):.BK,u$%S1dWR/)C d,/)$%*1+F',8()M j%&1+R'(=1'/9&G3
H,'(I(.'/3g[01WB:.BK(N O$%_'g[_1dWB:.BK(NM(&(0,@3(31d(:C/&B.
TW())-31WBI5C())3 ()).B‡:S1B))I hN MB))SR81WBI5C())M #))-V%OC1'B))C #N MBm%)))6 (:)E?'G&
g[)))& #.4PF8()3 +5)C +'R'()IB.1dG)<$%=B.1PF8()M 4R'1G3(). +5C()3 +QF,'B)3 a%-$%)6(K
H ,'(IBK,8
+'B0/S,8())))K ())?,/$%*(M1Ž))S,81+''F1ŒWBK()).R41UB0())3 5))C HH WB))K,FBJu$?FB&15))C
+wBK()3 dW/)$?481+u$?QF()S[K1,/)$%*1[$%C(). T,/%)f5&R81().R;.,'R/C1 +;.(3''QF(31WBI5C
H,''8[K1eCR8F(&1d(:f5&1WBI5C1WRF,'F(6
 ]"l !"#$%&'$()*+,*-
#))9?5C1RFR41X()).B.(I1Th))9$%-N M(=15))C FB))Z–$%=1,/)))$%*1Œ1WBK()<$%SRg[$%I1()S‚,41+()*
FBf(c1N k1WB?5C1FBS(-&(&1(.B?/?81'(M(K1,'/31,8P@J1,'(.B:.BK(?+;.,'R/C1(N M'(K(3
HW'R8
5C1'(*1U,'1\,/$%*(K1p'(-3F,81L531+,'(*1a$%&1ŒWBK,4R/C1(?+FB%.R41UB&1+(*
H,'/:?81Ž-$?;.,'R/C1#.B%J1R8,/$%*1#.R'B0(M1W,8(*14B6 WBI5C1(.B:CB61(<$%ž/J
(). ','()I,'R[KB%Y15)3 LFBS()E%&(.1R5WBI/$%.()M(K1,'()I'(KF''81,/)$%*1 dhS1#.R/$%.
i‚())& FB))S R81L'B))0 F())3(M1())K ,'/IB=()). R81Ž))9%N M8(31HHL'/I'()))K #)f(K(.(J531F()3
Œ†B-31GKQF5J1˜.,QF ,'(%6,'(=1'4(c(31>$? ^dB3[c`
'())?,/?4BK1R'())* HH,'()))?+',QF N k1Ž%-?FB)I ,'()S/31>)?u.1WB:$%M()K G:)6,/3 \,'()*
R8+5)C #)6,'(=1 g[&(M1p'(?,81d(?(=1#-$%Z.BS1'(K(?1F(=1HH˜.uJF(31(.'(K,81+;%*
H#<$%S(.'B0F(3(M1dG3R'B*
HH,'B)KFu317()= '8F,4''F1,'()?5C1+(J5)6B*(31BI,'()* ŒW,;)3 ()Z.BS1 '(*1#žF(6
>))))))$?F5C1'/S())))= HH,'B))))6RF1#))))$%M1,'())))?#.BK(?#KB.''F1())))3 8[3/:))))6,81a%.B?())))3
H,'(:$%f',F8,81R8#.B<$%=R81+(6BI1'4(c(M1+(KR[-fB*1(<:E?/f5C
()%.'B<$%=1\PF()& '4()c 'B)K,81 a$%K1+5C1R8B?F,81F(6(31WB?(31R'(K1h<%3B.1+(*
Π\/A./Y
U,'1F()= HHW()K,81'()* #:$?/<%I(31e6(=1R81WB?(31+(6B.(=,g[J1d#:E?'(f5C(M
',F()3 ,'(.B)fP[C(31a%.BK(M5&()f R'()* HH+x)¯ 7()= WBK(M5&()f pFBY(31p'(?#3
\B)))?F,81+',[$%). +8/)C ,[)Z31HH,'()<3,814F()3 +5)3 ,'():%r1#-S()S WRFR4()=(31WB?()3
WBK(M5&()f ','(IR/C#31pFBY(31a?'(*1BI1HHBK,81qPF1+,[$%:6(*1#.B6/SRF1+(6BI
','()))<$?/:31R8F'/.())M WB?'/S())= /-N M())3 HH WBK())?#KB.''F1+4B))A$?F1())<A31'F'())= ())<A3
H#KB.''QF U(?(31dF'/.1U(?(31,'(<A3
,[)))_ +'B))))* #?RF/:))6(*1HHp',81\5))C Ž))9%.BJ,;<?41HHdLqPF1+(K,[$%:))6(*1h))S
'/S())=(M1h))S ŒHH())S5C1QF())S(M1+())K,u%KB&1()))?+FB%.R41()S(*! B)* 2p',81\5)C Ž)N M'/r
ŒŒ,'(<A3wB31L5C1+‚531BI1WBK(CB.1(S,8,81WBK(I1HHL(K,81#9$%K1dŽ0,8RQF >$%CB.
#X/J1+R'B*1RFR4
 ./0123$45,+67 ]"…

!@+&+*"$

())N
M'/I1'()* #)<IqP[K1dŸ0B)&R81():$?'(K,81de)$?81>$?QF()S 4()S/I1L'/A:)6'/.1hS()K
k1#)))))9%.BK(.R881HH+4P@)))& #)))N
N M/J1()))YBI1())).'/3R[K1,'(SF()))6 F''q()))3 +())).RFB•FR8
^^(%.1WBKB.R41#N O$%C(M1RFR4``1oGNM,81'BK,8@J
'/))3 ())N
MR'(=1'())* ())S(*1HR'QF,81,'(K(?+4B.B))f(31d,',x$?'B))K 'QF,'()))M L,8()3 +;)%*
HL;.B?(JRQF #$%&1WBK(N MR;<S(M1>$%K(?(K
4'(61U'/N MB01d(N Mw/J1,'(.B%.BK,4F8(M1+(.R'BC''F1,FR/?81'(*1B.(&(M1L(K,84(c1
+'B0()M h)S B:)9$%=1HŽ$%)9-3RF1+()K(N M5C1 F(6(M1eC(I1W(K,81N k1+FB?1WwR;<S1dW'/3
FR4B)* #CP8(M1X(.B.(I1(.R'(*1(-./01TLB.R41R5WBK(N Mw/J1U'/N MB01+'B0(M1dWBK(N MR;<S
HW,u%KB&1dUB&1F(=1R81a%.;.B?(J1G&
hS1#:6RF(31H#314P@&1Ž$%M1'(S5C1#:C(31\(S(*12LB.(.R81+B.R4(31(K(M(Z$%S1R'(*
HB9$%KRF1L(KBJF,81,'(S5C1+R'8(M1;./I1de9$%=1GY(31šBKB.R41#<$?/f
L'/))))))C WB))))))KB.R41U,'1He))))))9%.R81,',[¤)))))))6 FB?8()))))3 FP41L(K(?#)))))6[31())))).B%J
h)))S HWB)))?5C1+()))9%&1())).B?''8[K1WBK(<$%-))))f œ-$?/I())K ,'/I[J()). ,'())?+FB%.R4'(3
+',41F()))6(31'R81UB)))& +R'()))= /$%.())))3 š'/))3 4B))3F,81+R;?())f HHŽ?8R4B))* +FR;<?'())*
'5-))f U()). BJ'())C ())S(-31U()))?BJ1()N M'(K1,[)I ;.()6(&1,'‚()3 L,'()* WB)E?81HHR8FB)6
pFBY()))3 ,'()).8[K@31+())E$%N O31#))IF/C1H,8'/))6B*1#<?F())6 ())S(-31WB))KB.R41+'B)).4B.
'()* e)6,8(M1dµ/)-31L5)C 8B)f/J1+RFB)6 5)3 LFB0B.1+;%*12L''8[K1WB%6(_(.(Z.(I
+,F()r W'/)I[J1WB?F(A$%)6 h31(.B?B.R41'(*1Lw(31HL(-3RQF(=1W/%f5&1+R845I1+(.RF''q
dŸ<-)))9&1+'/.B%3()))3 /-N M())))3 HHW''8[))K #))CR81'BI,F5C())K W'())KB.1()).B3'BZ$?F1'())*
n.F()6 dW(K,81(31WB%S,8(K1WB?1#V.R[?(61U,'1F(=1HHW'/I'(K17B&1#$%M1,'(<?4P8
'B))0 dh))9$%N M(r,8R81L,81R'B)))* ().B?B.R41'()* GN M()3 HHWBK(SBr()fF(61#).RFR/A$?F1().,8,8
()-31WB)%$?'1e:)6,81de)$%315)C HWB)K,@31W,'B)C #•BS,81/$%.1+@31+(E$%N O3'g[J1(.g[3,8
+,45)I '()* ()K B3(). WBS/J1i(K1D%=1Lw(31HHG:6,817(=1N k1WB?45I18FB*1(NMR'(Y1U,'
G))& WB)))?5C1h?'B)= +4F,'1()K ()?(.R8F,41()b(J1()N M/J1'()* +8FB)* G:)6,817()= WB)%$%M
ŒŒ,'(:$%<$?4RQF,8
 ]"’ !"#$%&'$()*+,*-
2p[)J,81LR8150/r()0 FR;)$%I1()35.1U,'1W,;)3 WB)9%&1WB)?5C1 #?B.R81WBKB.R4(K1F(=
HH,'())).,8,81'B)))-M,41#))).531WR'())))* #:))6RQF dŽ))K/c1())K ())?,'(*(31X,FB3())6 a?'())*
ŒL''8[K1hCB*1p/J1WB%r1531+,g[r1(.R'(*1#?B.R81FBYB=,FB3
D))))%=1HhN M5./SF())))). WB%.BK()))ž(&1p[)))J d()))?(=1WB)))?5C1+R4,FB)))f ())).B?B.R41'()))*
WB%.BK()))N M5ž(&1HH()))%.1R;.R'())))* +45N MB))* dh))S #)).R',QF de))6RQF WR/$%.())M a%K())?,x$?F
HWBK(IB}()6 #<)f(0(31HHh)<0,81\5)= 5)3 ,8F()& dh3B.1/K1WB?5C1#.'(I1dj?F(M
().'(K,81\(K'/)6 (K'/)6 dW()K,81Ÿ)3R815)3 eIBKR'(*1R[K1U5K1WB%N MP;.(31GIBKF(=
HHWQFB))))= +,81p[))-31R8''F())J(31WB%K())?(N O$?'(.R81F())= h))fR8F(31()).R'(*1HU[))0 ())K[0
#-?F()))C WB%))))f'/S(=1HH,'/))I[J1())-?8+'(*1+,'())<I''u31())ž(&(M1+5))C ())K(?F(=
TG)3,8wB31R8#.BK()?+FB%.R4(M1 WB%SBK15CB*1,'/I[J1WB?5C1HHh.;.Rg[r1+;-$%M1'(f,QF(=
+[))=,q1,',u$?FB&())3 h))S/?81FB))YFP41Hh)))0,81()K5N MB–N
MBY1()N
O$%C1()M R8()<I[J1Nk15)C L()M
WB))))KB.R41H1h))))9$%K,81N())))= e))))6,8(M1+F'/))))O31#)))))9$%K1e)))6,81dh)))<$%-I,81WB)))?5C
,'()N M'BI1F()6(31,;.()0 +B*1HH(?(=1WB%I(A?BI1#?R4,FBf1R8(NM'BI1+FB?1#.8[K(:CB6(M
Œ,'B-I1WB%.R'(01/$%.(M1(r,FB*1'1,'(I(./%S(0
(:CB)))6 dWB)))%.BKPF81,;.()))0 T()))%.1R81WR'())))* dh))S WR/$%.())M U())?+FR/?;.(31D))%=
WB)?5C15)3 +(?#?RFB*;<)6(&1'()* WB)E?81 TWF''81,'(<S1#I(?R;<6(&(M1WB%.BK(?+FB?
H,[IF''81,'B.R8
WB%rQF()K ()f,'(*1F()3(M1 F(=1HHL'/3wB31R81WB?F(6(31À:?81L(.B?B.R41'(*1,;.(0F(=
+,'())* 5))3 B))Y HG))3wB31R81WB?F())6(31>$?F,'()).'/31D))%=1()))K,F(J1WB?(). ()-./012()‡$%M
WB%.B3())N OJ1dWB?F())6 WB))3 ())I(.'B.1WB?())N M(:C(I1W'/IB))= W())-3(_(C1h))S #)))$%&1+()SF4
HW(J,81$ƒI1hS1#.BK(Er(M1ŠS(K1WBKB.R41+(<?FP41a?F4Bc1#N MBc1BI1HW''8[K
>$%C,4F()))3 ()))I(.B?''8[K1W'/IB)))= ()))?(=1R81€P[S()))M U())?,8F'/3B.1d#))?R[S/J1£
'RF4R/))C #V&())3 ())Iw(r1L())* ,'()).B?5C1+BZN Mu.())S 'B0())3 HHR81WB)))?5C1dh)S WR/$%.()M
T,'(S(K,8'´31L5C1+RQF'@31dLPQF81,'(.B?F(6(31(<%AK(?1+'/S(=1+RQF,F(61Hh$%.,8R8
R81WR'()))))* +''QF F()))6(31()))9%S(=1ŽA:)))9?PF1R81Ž)))f5C1#A?()))} F()))6(31F()))J(*15)))C
()))?(S(*1H()))%.1R88Ru%S,8B)))* /$%.())))M #.B))EK(?(K1())?,'(*1F())3(M1\())S(*12L())K,8F,4/J
()%.1WB)%-$%_BS1D)%=1WR'()* (<S1#:6R/CF(31+,'(*1BY'(*1HBK,81531+FR'B=1X(MR8(}(K
HWB?5C1#:6R/CF(31(.(K#3
#X/J1+R'B*1RFR4
 ./0123$45,+67 ]"

!@"No+R

,'())))<S1+‚())))3 ,/))))%.R41Ž)))))f(M1#:)))6RF1#I,'()))M oX/)))J +5)))C #-$?',g[$%&()))3 RFR4

o +()))I/J'@31Ž<%3,8()K ()?,'(*1F()3(M12()%.1().B%J'(*1WB)%J1G3(). >)6(I1#K()?(.R/$%&(3
HWBKB‡$%=(M1(K(?B‡$%=1^^HHG0(.1/$%.(M1#0F(=``
e)9%S(*1Lw()3 HH,'/)I/J1X,'()* a?F(3'(S(M1ŒRFR41o#I/J1R81Lw,'1(M1+(K,',g[$%&
†,'/I/J1ef(S(*1#01F(3(M1+(*1^^W(K,81PF81+FP4(31WBK,@}Bf``1oFB3F(61,8[K
+,8R41h)S HH›FB%)6[&F(31Ž)%.1().R'(M1a)%<S1^HH##)053`1 #6[&,815I1o#I/J1RFR4
HH,''8[))))K #.BK())?5=(31Ž:))6(=1,x$%S())M G))3 +F())6(M1LRF1L5))C +,'())* TŽ))%.1G))<$?'8
()).B?5=1'()* #S(YF()6 dWBK()?F,',@31+FBAS()} ()‡A3(K1G3,'()* e:)6(3(S1G)fB.5C
pg[)3,81 G&1#:$?';.BS1L,;.,'(*1F(=1HH†W'RF4(SR81WB?F(6(M1šBKRQF '@3(K1L(-3F(314(*
WB))?5C1+().¬$%=(M1()%.1()K(M501()M5&1R81WBy)%Y(M1+()* Hh3F()3(M1šB)KRQF'@31+8/)C ()K
R;$%&1Ž:6,8(K1,'/31ŽK[61,;<$%=1+,;<N MB31R81L5C1+(K,4(_(r(M1a?FBY1FP41HH†h3RF5I
†,'/I/J15I(31#01RFR41WRqPQF(M1>$?qPF1TG31>$%.50F(=1Hh?4F(M17(=1(I,'/I'(K1G3B<$%=
o(S'/I/J1$#N M(31H
^^ Π,@}B)f (M(J1'(M1(%.1>$%K(?1#9?5C1RFR41+(*1HHh.4PF81+FP4(31WBK,@}Bf``
k1#:))))))6RF1#Z.B)))))3 RFR41t()))))K #))))).R4,81R'15)))))I ,'(I(¤)))))6 ,;.()))))S(*(31F()))))= ()))))?B*
N
†+(-31$ƒ&1+QF,'B31BK,815I(MR'1#01šRu93B3HH†,'R;N M(=
H^^(?RFR4(31LQF,'B31hS``1o#I/J1+(K,;?[S
Ž)9?F(6(M1 ,;.(0F(=`1QF,'B31o#I/J1,'(K(?(.(C,8F,4(31d;.Bf,'RF1#-$?F(61RFR4
,'()?#-$%:C(Y1'/S()=(31L''8F()S(K1Lw()3 HB)-3 L8'/<f5C(K1(%.1(:f1'(*1^p'(K,8
#).4PF81 @}Bf1+(‡$%*1(-./01H1Wx$%3,81#:6RF1,'(*1^^W(K,81PF81WBK,@}Bf``1o#I/J
B)=,QF PF81+F()3 G)f,81G3()?+FB%.R41()-01'()* F(=1(‡$%*1#f(3BI1Ÿ9?FB0B.1HHŸKB0
+u)))J e)))$%-0,8R81N k WB))))?[=,q1())-%M(K1R81WBS(.B3R8F())6 '())M WBS@}B))f LB))K Hh?())K
G))3 R5WB))%.8[K1WB?()))3(M1WB)S41()?R;$%I1WB%)fR'1#:)f FP41Π,''8[K(). +5)C #3RF()f(M
#<:))E?/f5C1+‚())3 ,'())I,'R81WB))SB31h?FRq()))= R8+FB%.R4()M +,'()* F()3(M1H(Iw()6,8
 ]"ˆ !"#$%&'$()*+,*-
())N
MPx%K1F()))6(31WBS(K(?#:)E?'(f5C1()K #I()A?BI(31h)f5=1#.BS4(:)6(3(K1R8().R'(*
R8(.B:)f '()* +‚()3 WBbBK,4()c di,'()= BY'()* HH ,'()<?(K,81 ÅN Or1R81WBK(-O?'B6
2,'())<$%N
M +,81dh))$%N
M +,81R81WB))?5C1+,QF5&())K ',FR'()))f(M1WBK().x$?@&(K1h)?,8,81'B)I
oŸ$%N
M,81','(<?'/Y1WB?,81,'(.BS5C1W(?‚(M1a?(‡$%*
+'/IB=(). h3()M #.R;?'BY1#K(?(M(6(S1h?(K,8,/$%M1#6B31@}Bf1+(‡$%*1+,'(*``
^^H(I,[_B*
deC()I R81WBÍ,8F()3(M1+FB)%.R41+()Z$?F1()K ,'(<?,8,8N
k1+R'1FR'(9$?;.(*1+(‡$%*
HW(?BZ$?F1'(*1+8(N
M(3B.1W(K,81WBK(:f(31UF,81,'(:E.R41+(?B6(31+(.R'(*1HH,FR/S(=
()6(K1'()* F()= h).R4,8R'1WR@}B)f H()M(J1#?B).R81d()J(31 WBSQF,'B31@}Bf1+(‡$%*1F(=
#))-$?/$%K1+/?8()). #$?FQ())V$%&1F())6(M1())K B)))3,81+',41dWB)§B*1#.BK()?+FB%.R4(31+()&
F()= HHG)3 Çw/)r p/)J R8#)Z.,81G)3 +(6'/6(M1dGAIB=1R81WB-V%0(31R83(r,F1#N M50
+,8P@)J e)f'[61+8/C()K o,'(IB31WB?,817B?(C #.;.Rq(=1WB?(K(-6B.1(:6(=1(K
','()))))I,/%S(01R81WB)))%K¬$?/J1F()))6(31(:)))f'[61'()))* W()))K,81e)))6(=R'1HH(.R@}B)))f
,;)<?41'()* L,8F(3(M1BY'(*1HG.(?(J,8RF1R81p/J(31WB%.BK,4RQF d+x$%A.R/Y1#:f''[6
H,'(<3,81e%r1,'(.B?(K(SByO%*1#N MB9%_/f(K(31R8tWBS1L,8F(31+(.RFR/A$?F
#)6(K1a%.R@}B)f +()Z–$%31d()?(=1 P41#:f1R8+',41dWB§B*1WR/$%.(M1ŒL(K(CR8
HH ()))))))?(=1()))))K #:)))))f FP41,'()))))9%.B§B*1F''q()))))3 HG)))))<%3B.1,/)))))$%&1WB%.'()))))C +8
F()= ()‡$%*1#:)6RF(31 HHW'B<$%=1WB?R81WR@}Bf1dhK(?B‡$%=1;.(01B%.(I1a%.BK,;.,'R/C
ŸZ.,QF())&5I1dŸ))3,81{SwB))3 WBK,F'())= +())ZN M5S15)))3 HHh)?,8,81WBS5C()3 ªR4'1wB)3 5)3
WB)))KwB31()))?#S,8B*1';.,'R/C()))3 BY'())))* F())6 ())<?(K,81pQF())3 WB))%.BK,'RF817())='/_
#:C()I F()6(M(K1 (.B?5C1#$%Y1W(N M(K'/61(-./01R81a%:6RF(M1HH1h?(K,81WB?[$?8'B.
Hh9%.PF1N ‚B3
p'()?,81a?'()* ()-./01HL'';.B)S ,'()K(?#N M5K1 '/S(=1e6,8(3(K1Œ1L5C1531+R'
e))))6,8(31,'())))9?F(61'())))M WB))))E?81HH,8FB)))))Sq1#K()))?(IBy$%I1()))IB-31+5)))C #)))E_(.
HL'';.BS1FP41,'(.BK,@}Bf
',',8FR/)C #)9%&1Lw()3 HH'/)3 @J'BI1+(K,;?[S1#0(K12X/J1+,;.,'(* F(=1RFR4
U,'1TWB.5CF()3(M1+'B)0 +;.()S(31T'/)3 ˜.,81G31\RFR41WBE?81T8[K(.1B=,QF N
k1+F(3
 ./0123$45,+67 ]l‘
hS``1o1#I/J1'R81+,8'/6B*1#K(?(6B.(=1BY'(*1ŒGV3PF1R8+5C1+(JF(Y(31p'(?#3
+,;<?B*(M1dG<?(A61+R'81dG<?(A6(M1Lw(31HHŽ<?[$?81#.BS,4+,8R4"HHŽ$%<$?'81+,8R4
()-./01TL''8[K'';.B)S WB%)fB31WR@}B)f ,4BI1'@}Bf(.5K1H(?(=1R;$%I1Ž-$%:f1R8F''8
/-N
M(31,'/I'(K(.F,81,'(<3(M1WB?'B.''QF u%JF(=(K1W(N
M/K1d°(K1'(*1tR81hS1+QF,'B3(M
HHT,'():$%3B.1±B). ',F(31WB?RQF'@31HHGAIB=1WB?1#?B-f1dW(.B?B?F,81'(*1#.B•5M1d>V<3
R81WR'()* #.BSRg[%$I()M +,[$%)3 '[$%C1'(*1He$%9%.,81WB%:6(.1de6(=1R8'B9$%M1L(K(?(M
WB%9%.BK1(?[¨%f1(.R/$%&1da$%K1T(K(?#:6(&1(S(K1d(-$%6,'(=1(S(K1p'(K,81˜<0
()))))9$%K1F()))6(M1WB%.BK()))?#?BSFBI1()))9$?;.(*1B:?()))& B:?()))& dU()))?(?BK;.(0(M1Ÿ))):?[3
D%=())3 WB%:))6(=1R8[¨%))f #Z.())=B*1d()&[I(M1B:)9$%=1HHh$%-)E%OC,8 7()= WB%.BK()Jg[3
5))3 ()))-./01T#)f'(C1G)3+,8RF1(I(.'/:)f(J(.1WR@}B)f H,''8[K(). ,'RFB)f #-$?u$%)=
,'())N
M81()).(3,81WB)))?R'1dW()K,81p/O)f WB)%.BK,'‚5J1h)$?81W()A31(:)9C(M1#-N
M()C ,'()*
'@))3 /$%.())M ()))K ,'().(-31n)<r1WB)?5C1#)E_(.1().B%K,F(J1HHh?()& G)3 WR'()* +'w/J()K
#))$?QF1())M'/I(31W()).´0B.1FB))K '())* \,'())* +R[)))$?'1Œh)N
MR41R81WB)K,FF5Y1'RF5)Y ,QF,'B)3
dW()K,81 œ$%M1WB?5C1#<$?'q8(3 a%.BK(.''QF ,'B*1dWPQF,81HHh$%.,81{S1R8#.R8F(JF(6
Hh<$%r(N
Of1WB?,81¿R[C

())A$%:K1L())M t#)).'/0531'())* d#)).'/053t1L()))* #)?FR'q81','(.;.B)f,'17()=RF1,;.()0F(=1"

p45))I G.BI,'())* 2,'/))3 4B))3F,81,u))ÁY1'())M di[&F())3 ())IBKB.+5C1'(?())9S1R8+(?(_()EM(_
+,8R41h))S``1oG)N M,81,'():C(Y(31R81\,[$%)M R'()* ^#Ž)%.1#)<$?'81+()N MPF1h)S`1#)I/J1F()3'(S(M
d7B))c #K(?(:))6F1R8+'/)9$%&1+(K()Er1+R'8()3 Lw()3 ^#dŽ)<?[$?81#.B)S,41+,8R41dŽ)$%<$?'8
#.BK()?5=(31Ž:)6(=1,x$%S()M G)3 F(6(M1LRF1Ž9?5C1+,'(*``1o(?/%6'/.1(K1,'(:$%<$%=,81±P8
HWBS,4[$?81dp[$%&1[6(31dp[$%&1531','(I,'B9K17(=1[I''q1+,'B0F(3(M1R'(*1^^,''8[K
,/$?'()))M ',[¨%)))f #.B))))S41^^W'/3())= +(_())EM(_``1#))f(K(<?g[3F,81(_())EM(_1#.B))S41WB))E?8
B))<%31','¬)J ,'()?+FR'1()9$?;.(*(M(K1()?,'(*1F()3(MB*1h)S +F,'B3()3 T,'():$?[J,81+()K(<$?'(=
#)<I[JR81N k G)& dh?gºMN(=1N k G&1#f'/I1dpQF5J,81G&1#:S(61+(K(.R@}Bf1(<?g[3F,81B<%3B.
HBK,8
!/V(-
 ]l] !"#$%&'$()*+,*-
Lw())3 HH,'(.R@}B))f +B))?F,81(:))9$%=R81LQF5)))I #)6BS,'RQF +BS()I(31Œ,'()CR8(31+B)*
()Z.,QF '()3 B*1HH1'/3B.417(=1,/$%&1#-$?;.,'R/C1(.5K1+(OM(K1,'(:$%A%.u$?'17(=1L;.(0
#:))ES1(:))EC1#)))r,QF +8F()3 >$%:)f /S()= XB3()M dX'()KF,81WB?()KB?F,81#I,'BC()6
WB%)9?FR'[S1>$%S()K ,FB)?81HHh)3'/0F,81,'B?F,8()M a%.BK,@}B)f Gf,81Œ,'(?#6[3
HH,/%.()I WB?5C1UQF81(•'Br1(3(K1h0,81(.B_,8(61(?#6BS1'(M1Š&1WR@}Bf1HW(=1R;$%I
,'(:)))6,8(31Ž)$?/C1()K5N
M(_(K1tWB)%J1t#IB3()M G)3R8F,'1WB?'B.()=(M1Ž)Z<Y1#-$?;.,'()*
'u%_())M \B)?F,81()%.1,'()* +()* HH,'/)I[JF,'1WB)?u%_1,'B?F,8()M WBK,@}B)f HH,'/IB)=
R;.BK()M5cBJ1#)S,81F()3(M1G.BI,'()* Œ†#.R4,81WB6'BI1#&5I1F(6(31+5C1R81W'/3[•B*
+wB)))K +u$?'RQF()))& HHG)))<$?4R[I,81N
k1#)))6(N
OI(*1+()))KP[I(01'R8,81#.BK(M5&())))f(31{))I
2pg[))3,81G))I +'B))0 ,'()))E$%C1',QF5S()3 a%M5cB)J BY'()* HHB)K,81aC()& N
k1#)<%3/?4
#)))f'/S/OS1#-?F()))C ',/%N
OY()))C ,'()))CBY/•RF(r1+QF,'())))M ())3 '())* #.B))%J1())-./0
5)3 ()K(?(.'/b1';.()& ()S(*1Œ(?,'(.B)6'BI1 dB?F,81#%.R/Y1F(6(31#0 '(*1HH#I(?5C
/-N
M())3 HH,'RQF()J G)I +B)3,u%_1'()6BI1WR@}B)f +@)3 #:)6RF(31HH,'()‡<$%=,81#.R@}B)f
5)))3 #))$?/J1(-$%))6(K1+B))%M/C1dp[))J,81UQF'1@}B))f +@))3 H()).'/31#?B35C())M +B))?F,8
H>$%M5c1BJ(M1G31#:?[3 \(K,F(KBfBS(IB31BY'(*1HHB-31+BfBS(I1dGN
O$%=RQF
HH L''8[K1+'';.BS1#I,'R'(I(31(?,'(.8[K1@31L(*1ŒWRFB?
R8+5)))C #)E_(.(M1dR81+5)C #IR4()M ^@)3`1()K ,',F()3 ():$%31>$%.B)S,41()%.1a)?F''8
H$#3'';.BS
HHh3,81(:f(JF(31R81WB%.BK,[¨%f1F(6(31W'/:?81L@}Bf1p;.(=
ŒŒ HH ,'(.(K,81ÅN
Or1R81WB%:E$?'17(=1(.5K1F(6(31‰,4(•1+(6BK
o R81a%.R@}Bf1+;.,/$%.(M1F(=1TW,'(.8[K@31+[$?x31(.R'BI1WB%f(K1#-$?;.(=
^^ΠW'/3R;?(&1(.B?Rg[S/J1@31'(*1``
#X/J1+R'B*1RFR4
 ./0123$45,+67 ]l

!@+5'.$!BC":CC#

HH,'()I,'/31n)<r1U()?(JF''81 R8B?F,8(M1','RFR41#.BK,FB%:C(31(JF''81>?u.(M1R'(*
d())))J Hpx$?'B))=,8F,81[JB))* ())NM(&5I1>$%.BKg[J,'(.B))E&1G))3 ,'())f(K1())JF''81F())6(3
#)C,4P81+BJF,8()K ,'B.7()= #-$%)fBI1()?(JF'81 '(*1oh$%N M,81WB%.BK(.q,@&1#I(A?BI(3
'()))* ())IBJ,81'R'QF,81R8())K(.BKg[J(31˜.())I #-$%I())_F,81p'())M F())= Lw())3 HHB))¢R81G))&
Hp8#?BI5K1p'(M1d(?BJF,8
L,8F()3(M1U(?#:)f(K1 '/31GY(:9%.1R81WBK,FB%:C(31(JF''8(M1RFR4(K1R8(.BS,4'(M
WBK(.R'B?F,81HX[J1+F(Z.(M1tR8,81pg[_1+g[J1,'(?F(6(31>$?/$%K1(K1tR8(?(JF''81'(*
(K(.R'(?#:))))f(K1R8PQF,/))))%.1'())))S,8(M1HH,'()))).'/3'´31>)))9$?'F(K,'RQF15)))3 dh?4()))3R8
R81WB§B*(31R'(*1X/Z.(N M(=1>$%S‚,4(M1WB?'B01WBK,'B%&1HH,'(.8[K1[$%OJ1#.BK,FR/A$?F
o8[)))K +FR'B)))= R[-))))fB*1#-$%Z.,8())3 ,','/))3 >))?u.1WB))%$%M1WB))fB&1TR8,81'/))M +5))C
^^Œ,'(I,'/31>?u.1a?FP41','(I,'/31>?u.1(.BS,4``
,'()).'/318F'1#$%M())K T+QF()))&$#I1()K(.BKg[J1',F()3 ,'(.B?F()6(31()K(?#?BSFBI1R[$%)C
WB)?RFR41()K(.R'(?1#:)f(K1()M ()Z–$%31a$%&,'()M (-./0128[K1+8(31R;$%I1WB?RFR41#6(K
'())* \R'B))* G)))6[I,81#$%M()K p',81\5)C +()6(K1'()* ()J W5)0 U,'F()= T'/)A:?8
'())?RFR4,'(*``1o#))I/J1WB?(K(N O_BrF()))6 BY'()* HH,'/:)E?'1\5)C WB)?RFR41().B.R'B?F,8
H^^R'QF,81±,4P81531#I(?5C
RFR41#)).8[K1W''15)))C ,',g[)J +()JF''81()<?4(3R81WBK().R'B?F,81()K ,'()IBK'(M1F()=
H'Br(31,'/31R81>NM(C1/$%.(M
+'()))f(3``1o'/)))3 #.RFB)))? #)))Sw,'1()))S(*1(?B3#)))6[&1#N MR'B))))= a%-$%))6(K1de))$%3
+())). a%)6(K1T,'B)?F,81L,8()3 ,'R81+5)C ','/)3 U()? #:)f(K1FR/)6 'B)0 (:)6/Z.(*
^^†Œp/K1(IBK,8''QF ,/%.R4
+R'81\()S(*1HH,'()I[JR81+,'B). '()* ,FRq(&1,'RFR41#.'/3Fu31+5=(31(Z.,QF '(31B*
+R'81GN M()3 HH,',8[)K WB)?'´31'/)3+81WB)?5C1+'B0()3 WB)%01WBK().R'B?F,81 (K1+,'(*
+RFR41WB:?()f(K1X'()KR81XR'()IR'1R;N M()J /$%.()M Th)I[J1+R81L()C 'R'(I1+81+qPFG6
 ]l! !"#$%&'$()*+,*-
())<I'(K1#$%&B)))rBr1/-NM()3 HH()IR'1()IR'1L()* ()?R8(.1WB)%$?/J1RFR41#.RFB)? Lw()3 HH,'';).Rg[_
RFR41o1())IR'1T())?(.R'(V$%&1()))K,FBK1h?()-A$%&1+QF,'B)3 ()‡$%*1+,'()*``1oWB)%I/J1dŸ.()-$%&
^^H,'';.Rg[_1#.B:?(f
+qPF1n)<$%&1B:)9$%=1;.´Y()C #.BK(:6P81+@31RFR41+(.'/3Fu31L(*1\,'(*1+Rg[$?'
H'/31WBS8Bf1,[_1dWB?/$%.1,'(?RQF(J1RFR41'/3+QF(&(.1GI1R8F(6(31#r(3,F
o,'(.R[$%J1531+[JB*1#J(61d+5C1#6B31RFR41BY'(*
'()))))M >$%K()))? W()))= #)))f5C(.1GN M()))S5K1\(:)))E$%&1'()))* HH()))?(=1#:)))E$%&1+',4``
'()* F(=1^[JB*1#J(61`h$%N M,81#$%&1(?(=1\(-?81#K(?#f5C(.1H(P[S1\(.B%f5C(.
a%.B)))KPF81dR8()))K(-N
M(C1/$%.()))M ())))6(M,81'PF81+,F())3 '())<$%31+5))= ())I531())f(J(6
R8().B?#<$%y.1'()* #).8[K1R[-)fB*1 +'B<$%&(M1;.Br(I1Ž$%I1R81a%.BKB?F,8(3(K Hh<$%:6Rg[3
H'/))3 X'/)r dX''QF #)OS1+()r(I531B)I ,'()?G&1#<3()M X'()K ^^#:)6RF``1()3 L'B)0 '/)3
,/))))$?81QF())))_8(31#.B:?()))f #:)))6RF1HH()))%.1WBy))).(&‚(M1L[JB)))* #J()))6 #:)))6RQF B:)))E$%*
H^^h<$%r5:31WB.x$?@&1#I(A?BI(31F(= G3(.,'1\(.R/$?81'(*1HH(%.Fu3‚(M1šBK(?#CB?
HH()34B31F,81,'():.BK(?#?w/r1#<3()MŒ())K (<?[JB*1(J(61+,81oµ/J1,',QF(.(31BY'(*
d+()K,81+x$?'B)= L,81R81WBS''QF()3 +(:f1'(*1HH†hN M/r1,;.(01e.BK(.R'B<31oGNO31Ž$%&B*
#N M())=BI1#))$%.,81,'B?F,8())3 ˜)))<%I1,'()mN M(=1()3 5)I HH†#)<$%=1+,81,/$?/K()M #)<$%¤I1+,8
5I #:6RQF(31Hp'(K,8F,81X(K(?+4B3(.(01#%NMBI1[$?/6(31'(-$?FBK1\(S(*1HHGf'/O3
5))))I H+[)))))J,8F,'1WBK(<$?/)))f +''F()))6 Ww,4'()))r(M1URF5)))C #.B)))K,'wB01#J()))6(K
Ž)$?/J1R81>$?FB)Y F()=(M1()-./01 B-3(Er1R8+5C1#JF'1(M1F(=1+,F(<$?'81'(*1#<f(0(3
,'/I'())))))KF,81L5))))))3 G))))))3'/31WBK())))))?#CB?1,QF())))))_8(31,/)))))))$?81dWB:?()))))f +()))))Er(M
().(K#31+'/I'()K >$?F1WB%N M(J(M1+BI,'(*1HHh0,815I(M1R81W8[KPF81d#I(?BK'/6(M(K
,/)$%*1HWB:)E-?FBI1dW;).Rqg[&1Ö1#)N
M5-§1().(K#31 +'/I'(K1>$?F1WB%N M(J(M1HHF'/M(&(c
h$%&()6R81a%K()?BZ$%Y1 F(=(M1ThKB01+B:6,'1R81W;.w/K1QF/r1(M1Th9$%-N M(=5C1h?ŠM4
#.,'B)C >$%S‚,41F(=1Hp@Z31WBI,F',81FR8(-05./K1+'B:6(&1(–<¤E%*1'QF/r(31G3,8
(?(?RF(=1d,x%r1'(*1+8R4B*1,'(.BI‚(31HB-31W'/3B=,F1+R'R81G.R/IB.1G3(.1(.BI(¤6'(*
+F',8()3 g@)f ,g@)f dN(K''81#I,'(M1L5C(31\(31Lw(31HHW(K,81+;.(6(&1WBI5C(K
H,'BS(.1(.R'R8''QF '(31LQF,'B31­6,817(=1,'(.BK(M4 ,'R8''F
 ./0123$45,+67 ]l"
WB:.BK()))?#S(<.(=(Y1,FR'B)))=/IB=1g[)))& ()))fQF5f1())))-3G&1LR'g[))3 Œ;.())‹[=(*1+())*
#)?w'/r1,F()=(M1/-N M()3 HHh$?[KB). ¼$%M(c1'R8''QF ,F'(J(31R81WBS,g[rg[31#IBK1+(3FP4(M
,'():$%M/¢1R8().R'(*1 +8F(J(31(%.1G:fHHh$?[.,8R81'R8''QF (.4(S(31R8#Z.,81G31#IB6
R8())).R'(*1+,F,'()))I +8F()))J(3(K1()))?,'(*1/-NM()))3 HHh))))<$%|N
M/C,81,4B))I +,g[))r 'B.,4())K
Hh$%.,818B%<31WBK,4BI1(‡$?qF1(K1,'(:$?QF'/6,8
+5)I +()Z.F81()K R81>$%:f1#I(?BY'(J1(31#$%<31WR81G3,81(?#.1XFB01ŒWB:?(f5=
HHB:6,817(=1Nk +5I1#N M(K''8/&(I1'/3,8,',4F(31N k
'B))))%S5S1()):$%A31','()):$?/:31>$?FB))f(K1())?,'(*141+FB))K B))?B*1ŒWB:?())f 5))= pF())*
W'/:)6 +(:6RFB*1'(?(-?81#K(?(Er1\(S(*1HH†7Br'QF/r1F(61(<S(0R81n<r1#.'/:6
oL(K,81#.BK(<$%C''F
h$?QF()))&R81WBK(.'/:))))6(KHH,'B))?F,81()):$?[-31p/))C (?R8,'(M#I(?B:$%))f +QF())& '())*
\B:)))E$%*1R'())* HHW'/))3R[C17B))&,'1WB:%I(?BK'/))6 +QF/))r F())6(M1())-./012,'())NMBrQF/r
œr())f ,/))$%&1WB%))9?4B3[¾%61+FR4B))* ','())<3,81e))6RF1,'())).R;.,'R/C1+FB)EC''F(3
'B)K +,/)$%*1()-./0Th).R4,81 ,/%*1+[$?x31iB&/61dFR84F(r1(31WB?5C1#:6RF(31T,'/3
#)I,F1 HR81WB?BfB&1#$?/J(31Ž<$%0,81+FBJq5SB*1LBI,'(*1B:E$%*1BI1Hh.BI'';.BC''QF F(K
#)Kq‚1+;<)6(&1e)f',QF(K1R8().R'(*1#)$?/J1()3 Ž)<$%m0,81 HHR81WBK(E%.(K1/$%.(31L(K,8
',F())3 +,'())* 5))3``1oŽ)))$%N
M,81'().BS,41+@)& ()I,'/3(K1R8()6(K1'()* #$?/J()3 HHW''8[)K
e3B)))3 ()<$%y3 ^u$%)=`1()M 4R'1TX‚15)3 ,'():$?QF(Z31a%I(?R;<)6(&1','():?,;3B31#.B)J,;<?4
H^^G<$%C''F
#X/J1+R'B*1R81h?[JB*1#J(61#S,8F(3(M
^^†()%01()E%.(K1pF()* T()E%.(K1h)$%N M,8``()?R81 #N M(=1dŽ?g[31G&1+(K(Er1,'(&(c(3
oµ/J
,F5)))Y h?Š))).4PF81/-NM())))3 HHG))0,81X())N
M',8(M1e))S de))K (?(:))f '())* ())E%.(K``
X()NM',81HH#)I5C1+F5Y'B)= +F()3(C1 B31ŠKB015I1Œ(„015I1(K(J(61Lw(31HH^^(I(N M',8
p'()))?,81a%I()))NM',81HH())).4'/SF15)))I U,'1())))-$%.R/?(c1HH())6QFBS1#-$?F,'()).BY1+5))C
'R;)3 /?[_1(K(-N M(C1BI1HH7(K''81(Z.Br1(IB-31,'(<?QF,'(31+5C1d#.(01(Er1'B-3(Er
 ]ll !"#$%&'$()*+,*-
,'()).BK(.BS[_1'FB))K #CB.())M X())N
M',81#.BK,8'/SF()))_ o,QF,'B)3 '()* F()6 ():$%<$%=1WB)%3
HH,'(<$?4,8
a%.BK()))?#.By%Y1dŸ))S,41+''F1F())6 +F,'()).BY1h?[I,F'())J ()):$%A31#I())%K,F(J
d#)<JF41+B)IR'1h?[IR4,QFG)3 RQF(K(J()6 +45©/S,8()M lG).QF5<31+R'B)* p/31#.50'(*
())?(=1G))6(K1())?R/J1HH#))0 +$#))N
M,81,'())*``1o+;)).RQF/r1+;))%*1TX'())KF,81+8'/))6(c
dX/)J +()S(*1^^Π()<%S,41+''QF F()6 +F,'().BY1h?[I,F'()J X(N M',8(K1G3R'1+QF,'B3
#))).R4,81XR'12+QF,'1+53())))K +,;.,'())* H'/))0F,817())K''81+())K/N M,x$%J1,'())?,'BÁM(M
HHB))= oX/))J Ž))$%&1BY'())* H,'5))3 F/)))$%=1;.B?BC(). +,;.,'()* H,''8[)3 #r()f R81WBrQF()M
5)I #r()=F,81 1hS(K1(ZN
M(31(:$%3,81(S(*1T+/%<CB*1WB%N
M(=1#:6(&1dªF1Œh?[JB*1#J(6
,',[JB)* +;).,/$%&1de)6,8(M1 F(=1oL,8,81#:6RF1+QFBY1LR',8F(31R'(*1HLx$%3,81#:6RF
HB)K,81()Er1,'()?+',41#N
M8()M #:6RF(31WB?(J(61L(*1HHL(K,81531X(K1#-$%J(61#6B3
d7())K''81da$%S())N M5C15))3 a%-$%3B))Ec1D))%=1H,g[))$?41#‡%)))6(M +,QF5)f ().BS41#)-%M
())N
M(&1())3 ',F'())= h))$%N M,81,'()):$?',QF,81U())?BrBr1,'()))?+F',81()3 TB)KB.1LF()J #N M/K/_()K
#<?g[V_()))K #))))<Sq'81HH1())<?QF,'1#))<Sq'81'())* HH #))<$?/.,81™?())K ,'())?#.BK(<%Z.,QF
+',41#N M8())))M Ÿ.())))-$%&'g[$?41'(-$%J())))6 ,'()))))* HH(?()))f[I,'B.(=1#)))<Sq'81'()))?,'BÁM
Œ(?5I1(J(61'(*1o(.Ru931H,g[$?4(M1a?',41#N M81(-./012p[J,8F,'
/$%.())M #))-OK1B.B%|?F())I(M1,'()))?BS1Xw()6,8G31Te)E%31+(.B)Er1L()* ,;.,'()* F()=
HR8+(K,FB•1(318[K1+5C1,F'/M(31HHdX[J7(J
WB)%$?/J1 ,;<$%=1WR'(*1Lw(31HH,'(?Rg[$%J1+5C#.RFB?1531RFR4(K1'/31,'R8''QF '(*1(S(*
F()6(31+()?R[3BK1'()* dWB)KB?F,81+,FB)3F,81W'/)3 >$%N MR'(=1#Cw/r1p/J1Š&1HHR8(.G&
L())* +,FB))3F,81G))3,81o#))I/J1­))E%31N
 1(.B))Er'(*1RFR4())KŒ,'()))I[J1#N
MB)3 ,'()K(JF''8
WB)K,FR/A$?F1+,'()* (?(.R'(M1HH†›'/31#?BSFBI1#$%N O315I1HH†LF(31WBS/J1W501WBI(?(I/J
dFR/)A$?F``1 #KP@01,/$%*1G0,81G&1HH†G3'/31+(K(9$?;.(*1dG3'/3(.1+5C1WB%:$%A:?8

M',81'()* B%.()I #:)6(3(S1R8+(¤)6,'1L()M RFR41WB)S/JG31l

WB))?5C1#?B=,g[.BSF()))_(3(K1()?(I(N
° HWg[3,81N k +,u_1','(M(J1+BrBr(<%31(.(C,81e6,8
 ./0123$45,+67 ]l…
dG<$%r()))I G)I Ž-)f(3(.1HHL()-31@)J '()N
OY1L(K()9$?;.(*1†GA:)E%31WB)I ^^+(K()9$?;.(*
ŒG<%A31ŽZ.B3'B.(M1X(6[_1+5C1#¤?(K(3
o#6[&1+,81,'(?5C1F(3(M1d;.Bf,'RQF +F(61,'(.BSQF/61F(6(31RFR4
ŒŒŽZ.P8QF81L5C(M1F4Bc1#N MBc1HH†Ž$%NM,81£1,','R8''F1'(*1+,FB3(M1,'(*
o8[K1+FR'B=1L,8(31g[&1dWBS41(IB=1#0531hS1QF(S(M1+(9$?;.(*1dNB?(C1šR4B.
Π^^,'(I'/31>?u.1(.BS,41#:6RQF(3``
#X/J1+R'B*1RFR4

!#'I[8b

,F()JFBK1#:)fg[31'u$%)= HHW'/)AI[J1+R81e)6(C1 #-$%S(C1(-N M(C1'(*1(?R81ŽžF(6

R;?()& G)& WB)%.B‡%*1,'/)3F,'1G)& WB?()?+FBJq5SB*1'()* 4(S/I1TW'/3Ru$%=R81WBK,QF/J(3
HHh<$%SB). R'8()3 R'81HHh)0/&1d7BI()3 WB%f/S(=1dh0,81U(?(M1WBK(:f1'/S(=(K1BK,8
G:)f'/S(=``1oX/)J +,81,'()?R81#)Z.,81R8/$%)9.1d+4F()3(M1 +(?+FBJq5SB*1'(*1GN M(3
H^^G<$%SB.1+;%*1'(0'/&
'RQF())JR81\,Ft''[))$?/K! ()))3 WBbBSF()C '()M(C1Lw()3 HH8[)K WB)S5C1+',F81()‡$%*
())):$%AI'(K1#))0 ,'())K,QF(_8(31,[$%:))6(*1+/?8'())M dR8'())f ())-?FBI(M G))3,81HB))f,'R8
())3 '/))3 'RQF5))J GNM()))3 Œ'/)0 >)$%I1WBv(K(3RF()f dh?'/3PQF()ž,QF #:)6RQF(31Œ†pFR/)C
dÀI'BZ.()* #.BbBK()N M81+;.()3 '()ZN
O$%K1j%&'8()3 +'B0()K G0,8,'(M1HX'/S1(<r,q
Hh38[K1#-f'
7()= N k1WB)‡V%=1a$%S()N M5C1+()Z–$%31HG3F()3$#I1WB‡)9?g[J1 2h?'/Iw(=1>f'1Rg[-$%I
()).BS41w,4R/C()). HH,'/)))3 '';.B)S ,/)$%&1WB‡-$%:)f '/S()= ()K pQF()J \,'()M HHpF,'B).
H(I(K(f'1dU¬%=1,'(.B‡$%&1a?[JB*1+(E$%N O3
[$?q()M HH,'R'81(?B)9K1N k1WB)vB?F,81dWB)-0R81WBÍ,8F()3 (<I'(K1+(.R'B%.BK1'(*
+;))%*1HHG))N O$%=1WB)))SPF1e)f´r(.R81#)S,81Lw()3 HH ,4()M(S'/31()I/I'(K1+',41R81WB)‡$%&
 ]l’ !"#$%&'$()*+,*-
h?(K,8B?F,81+R'R81,',FR'B=(31HH†h?(-31L/|.1R;$%I1#.BS5C1dU(?B?F,81(<?(Z31p/K(M
ŒŒG3,81'N
¬31d\F(31WB‡Z.,81,'(.BK,'B.(J1F(6(31#0(K
())f‚'(*1B:)9$%=1#0()K Ÿ<$%y)3 e)6,8(31W8[)S Ž-)f(31h?B)I,F1FP41()‡$%*1#:)6RF(3
H^^W'/:fw(rR81WB?'B01R81WB%.BK(-V?QF5J1(M1(K1h?(.R'';<?4
XBy))$%&1+R'B)I 2+QF5)J '8[)K RFR41#N
M8()M +FB)K +'R'()I(31HX/)J +R'B)* >$?F()ZS/ž
R8+5C1#<%A9$%&1(M1(K,F(ZS/ž(K1,'(.R'(*1#N O$%C1(:$%V31TR8#I(K(f1d+FBAI(_(C(M
ŒG31+',41F(61+FB:_[J1B6B*1WR'(*1'R;3F(31,F'1a?'(*1HHW8[K1#6B3
(?#.B:))E-?FBI1'())*(K1G.())?BCB.1F''81,;))<$%=1()).BS,41oX/)))J +5)C #.RFB?()3 RFR4
#%KB))).''QF p'()))K(.1e))))6,81ŽK())?5=1,'())S(K,8,'(*(M1œ))6 HHG))f5m3R81+',41+''QF
Ž)))-$?F/.1h))S L())-31+FB))J4QF ,'()).Rq/K1())M '())K +/))?81'())* 5))3 ,'())‡<$?QF(m3G&1#))S5C
R8#-?FB)I #.BK().B•5M(M1d,'()IR;31#KB).''QF ,',FB?8B. 'FB?81#.By%Y(M1,''8[K,8BSB*
†pu$?FBm31,F'/.1'(*1G3(=1GK1Gf,81,'(%%Z.(:NM81'/S(=(31BY'(*1HHpx$?'By31>9%I
dWB). G3()3 ª()3,F1 +qPFG61TX[J17(=1+5C1+F(61,'(KB<I,[6(c1#-$%NM8(31RFR4
H'/3'())))C #))‡r/.1'RŠ))6(31#.B))S412())%01,'(.B))6(c1#)).R41+()). dX[))JRF1+5))C 'B))*
#.R'QF,'B)))0 d­)))9%.R81,'()))?F',8(31())).RFBAS(C1(.R'()))f #?Rx$?F8()))3 #))9%.B-$?QF'B=
H,'(<<$?',g[31N
k1#S(C1d+5C1F(61,'(:$%31'/3,'(*
o#.;.R'81G31,',F''81(M1U(?,'(.R81˜.,81U,'1H'/3,'(KB01[IR'8
(M1\,/$%*1HH,'(Sg[%$Z31#.BI1531(S/?81W'(C(31+,'(*1BI1W[Z31N k1Ž$?/J1ŒWB%$?QF'B=``
k1#))f(K1B)).BS1'(:)))6,8@J1Ž)f(K(.'(C1,;.()0F(=1TW,;)3 ŽK()?,;?FB?1R8+,'().R;-$%M
N
oŽ:?81BS'(C(M1Hh?'R8B.(&
()).(r,F1,q())K '())* F()))6 #.B:)6QF5J1#.R'()6B&1()S'/31de)9$%=1GY()3 Ž%.B)J,;<?4
#.wB)I U,'1W8[)K,81L().BSF(IFR81'()* #)6B&1H(?,',F()6(31 #JF(S1#-f5K1+(.(I''F
+8F())3(.(M1+())).R'(*12#)<%31L,81HW'/3R[<)0 7()= G)& WB%.BK()-?FBI1().wR81hI'(KF()6
2W'R[)))f5&R81())f'/f(31())K W()).BI'/3BI1'())* /))$%.1+'B?qw())= B:))E$%*1W'¬))J R81WB))?q
#N M())= +()?+8(3(*1()f5C1().531'()* HHL8[)K,81WB?B)fBS(I1ª,41,'(KB<)6[I1+()E$%C(3
,;<$%=1d(-$?45I1HHBK,81#K¬%=1dG:6,8 7(=1,'(bB%J(M(K1(?,45I/&(I1'(*1F(=1+xS
ŒŽ<$%K(:31#bB%J(M1šR/IB.1(6F/r
 ./0123$45,+67 ]l
B%.())I HHL'/)))3R81WB?PFBS()J FBJ'()f +,'().R81˜).,81d#?B%.()I d#-?FB)I #?B)SFBI
4F()))3 R;)))$%I1+w()))).B%J1+())C[M1pF,8())rB.1pF,8())r(K1'/))3 ²F())S #IBS/))9K1L4RQF'B))=
HH,','/3,8
+,g@)))6(K1,'().8[K,8G&1L().B‹Br1B)JF,81'()* TW'/)AI[J17()= šBK()?'BZ.,q1()O%OK
dWRF,8F())6 T,'()))?R8,81#)Z.,81WBK().wR8(31g[)& '/)3 8()3 '4B)6B.1,;)<$%=1WB%.BK().x$?[J
R81­)))))))9%.17()))))= #IBK()))))M(K1W'/)))))0,81())))).RF,'(M(&1'()))))* #N
MB3()))))M WB%.BK(.Bm%)))))f
H,g@r1d,qBr1(.(K1+,81','(.(K,81q[K1WB?5C1{I1'B&(I1dh$?[<$%=,8BJB*(3
k1Ž)))6[I1+QF()))& '()))* G.()))I(31'/)))3,81Å)))K FBJ'()))f(K1())))?,'(.R;Z.,81'())* +R'8
N
()).B.'(C1,F5)))Y '()* G)3 e)6'F81F()J(*1HL¬)J,81,'(KB<)6[I1#)Z.,81G3()M de)9%.,8
'R8+''QF >$%:)))f +())?,8RF1'())* B))I T+QF())m$%I15))C F())6(M1())K(IBK1R'())* G3())= WB))%IBK
HµB=1\5=(31#$%M1,'(.B6(&(c(3
a%.BK(.wR81HH,'(?R81#Z.,81(|9?[I1,F'(=1#<f(0(31'RF81N k1(K,4R'F,81FBYG6
L'/)3 >?F(C1;.(01,'(9$%&1(¦B=1(K(S5N OK(M1H'/0F,81,/$%M1WB%Z.,81[$%f1+(K[.1U,'
'8[)3 +().,x$?[J(M1#‹B)r ()3 '8[)K #N M()= '/M,8F()J TX''u3(.1>$%-SBr1p[J1+,;<$%=
+;%*1HH;.B-f1#-$%I1,'(×J1(×J(31'R81k'/M1B31(f,F1HHL‚1(:9?'B=1#f,QF #-$%I'/3BI
de$%))f ';))./K1d(:)))9?[_1d7R;)<S1WRFR4B=()3 HH'/)0F,81,/)$%M1+()-O%c1dB)rBr1WRFR4()=
#-$%))6[I1Hš8[KG))& ())):N
MBJ1d1h$?4B)3 4B)3 ().B?8[K1R81LF',8()3 4141+()M'/&(&1de)$?'
())S8[K1d+',41F()))6 ()¦'(K1dL'/)3 œ)$%=,QF W5)0 #.RuS(). +;)%*1HHe)9%.1N k LR4,QFG)3
H,'(S'/31FR;$%31,'(S5C1+,x%r(M1,'(.B6(&(c(31LBž,F(61Œ†4B6B.1#-$?F'B=1/IB=
+;))?[S1h?Š))E?'(f5C1R'())* o#)).R41+,;.,'())* F())= HHŒB)))SQF'1#)rR'1>$?F,8()r RFR4
oGNM,81dp[J,81#:6,81','(I,'/31e6RF
()I'/3BI1'()* 5)I ŒRFR41pF()* HH()?R81X5)C #.B)?q1+8/C()M X(K(.'(C1+,'(.R;$%M``
Œ†Ÿ<CB)* #):$%I1W5)S +(:)9?[_1d+8()3 '(&R[C(M1'/3(=1#K(%0F(=1e.B?q(K1+'/3(.
+():NMBJ1d+QF()&,81$#)I R81WB)K,QF5J1F()6(31 ,'(.wR;<S1+(O%c(31(K1'/3(.1RFR41F(=1+(*
())K 8[))K,81>$%:))6,8(31{)))%OK1'/S()=(31+():N
MBJ1dXB)=,81WB:)6QF5J1#.BK()%01>)9$%*(3
+BrBr1Thr5I,815I(M1\(.R'(*1‚'(S(M1Œ†W8[K,81+/?8'R/?81L(*1,',g[C1,g[C1'(Z.F8(3
 ]lˆ !"#$%&'$()*+,*-
L())3 B)* H,'()<3,8FR;$%31[)IR'81HHR8+',4()3 XB)¹B?,81dB)K,81WB%)f5=G3 X()K(<%.(-$%&
He$%-f,81R81WB?F(6(31eIw(6,81(Z.,F
WB)))‡$%&1R8'()))f(M1+()))?B=(31'()))* TŸ:))))ECF,8,'1Nk1X,4B))I +,[$%:))6(*1,'5))6B*(M
R81WBSF())))6(31e))))I5C1+())))K(<%.(-$%&1#:)))))6RQF(31HHh)))?8[K1aC()))& X5)))3 #.R4,8())).
())M WwR;))<S1+())|?[I1(?B))6 ())).BS8[K1˜).,QF 'B)Z.,QF +[I()0 U,'1\()‡$%*1HH,',;).R',QF
dB)))K,817()= >$%.B)?F41,',;<)f/K1#I()z,41d1n.,QF()M HH,'():$%3,81;)<N
O31,'().BK(I'/3BI
Hh?'/31+BS(I(31,',x$%S(M
Lw())3 HH+8[))K +FR41G)))3 e)f(K(.'(C1T#)<%31#:.BK()<Sq'81+F',81X5)C #)E_(.
F()))6 ,'()))<$?81a%.R'()))* WB))))E?81H,'(:))9%.1e))6[I1dŸ)).QFR81N
k1X5))C d#IB=BJB*())3
H5I1+‚531,'(<$?QF(J,81dWB?5C
','()).'/35K1#))$%M1#.RFB))? +;))%*1H+g[))3F,81+5))C +())Er1+()))K,;?[S1()Z.,QF '()3B*
/)$%.1,'():$?QF(Z31'R/C(). L()C dG3,'(:)6RF1 +(KBZ$%Y(M1W(-31#O?Br1BI1#:6,81(<?'(.
+,'RQF())J #-$%))6(K1U,'1Te))9%.R81#))$%M1+())KBJ'(C1F()))6(M1RFR41Lw()3 HH#.BK(:)6P8
HH,'()).8[K1ª,41+'B))0 R'B)))* ()?,F',8(M1#$%K()K +,'()* F()6 ():$?qF(&(.1F(_()6 ,F''8
dXB))= \5=())3 R[$%)))C HX[)J WB)?RF1',',8[)K WB%:)6RF1'B<$%=(). N k1WB)?4R'1WR'()* Lw()3
o#)I/J1,',x%r()3 d#.BK(9?F1(N MBI1#.R8F,'1GI1(ž(&1(I'(K1BY'(*1HRQF5J1+''QF/Z.,QF
H,',F(31(:$?81WB?5C1#.BS,41\(.B:f1'(*1T+8(:$?81R8+5C1+,8R'(M1>$%:f1'/S(=
+Ru$%))* a%<SB))I HHW())-314B))6 5))3 WB))v5C1#))-$%.8FR/C1,'B:))E$%*(M1F()))= ()IR'(K
WB)))fB&1HH,'()))IR/¢1'R/)))¢ B‡K()))I ()))M \()))K,F(ZS/ž1B))))3 HH,'())S[$?xA31L())K(.'(C
()<?g[31+'B)0 Lw()3 HG)-<¢1+5)C 5)3 'R;)3 pg[_1GI1+5C(K1L,8,81WB9%&1#K(?B?F,8
k1+'B)))0 FP41#K()))?,'BS15)))3 d;.B)))f,'RF1+F())))6 T+())K,',F,81#))$%M1W'())C (:))6P8
N
HW;.BK'[I(.
#X/J1+R'B*1RFR4
 !"#$%&'()*+,- !"#

! "#$%#$&
!
$%$&''''()*+$,''-./0+12&''3 4-56
7&''890+:;<=&''>?@+-A''( %@+4''-.@,>+=&''B&C+%=%D+E)''5F-.GH=
IJ/K+A-5>1L-5>+&()M+;6 N+E)5F-.=$/8&O+$%@+E).?=$?@
P*)0&''.;$?Q,.&>&7+46 7&''0 L57&''K &'''F*/R+S?$?=?T'C 4-.<=$)'U %@+2&'K ;V&'C W%=%DXX
2&'K ;<=?$)'C ;?$&'U 9'C )Y$&'U :Z[-5\'C 9(+A.)][-.=&C+<=?$)C+&F.=&^+%$&U+__`,K?@=?$
$Q,-5''K ;&'']-5U+4-5a''3 $/8&''M&7+=&'''C &'0 &'.?$&U+I&a'3 b&'.&C+Aa'c./-5>+Z'C d.)'O 9(&'C
T*&''R %$&''U J9''^ A*/8D&''U 9''C )Y$&''U __;&''FC+)''5[6
7@+2&'''K ;?@=%e'C f&'M 1E)'cO/*
S?@&'8 J9^+g50&7+&7&M+h&U+?$$D)(+1E%@+h?@=&C&7+J&()M+Z(+$?@=%eC+f&M+AF-.=&B
E)5*)0&(&0&'''''3 $?$&''''''a.&FC+b)''''R E)5*)0&[5''''i*+?@,''''K $,''''-./0+A''''*%/(?@+)a''''c-5U
;&''.)8+1%=%D&''C A*)'''[-5M<=?$)C+12&'K A.)'][-.=+9'C j'8%D+;&'k-.=&C+&'8&U+_?$&a5[-5'B&l
_A*$/C)5[6 7@
I?$&.%@+A8m?$+%=%D
A''-57+A(&''.&M+;&''.A0?,.D+$&''U %$&''U :?$&'''()FC+b)'R =$/8&'O Aa'i>+;&'B&0+$&'U
$/8&'M %$&U+,-./0+;$)R+9C+?$&a-.<=&kC+A.)[5C+=&K&U+_&7&KA.=)KG98)U &8&U+__Z*<=?@%@
%/'3?@%@+&'B&0+$&'U ?$&[.,n&*+&C)B$&U+S$)R=&C+&*$&0?@+;$?D+=&B+A*)0?/-.D@+&a3
AF-.=%D)'''U %$&'''U Z''''C)M?<= AR)''O o&7&''3 =&''K&U+_?$&''(&*$$@,0+b)''R 9''C ;$)''R &''0
&''0&67&0+A*)''3 =&''B&7+&''.&M+A.%/'''c.=+AR=&'M &'F*/R+S`$&'0?@+J%p8&'C ;q'B=/O
&'.&.;=)KG98)U+$&'U &'8&U+__%@?@Ak[6 7&'M &'r=&.&C+ ;=)0&>%,^+AaB&C&8+$?=&C+1ZC?@
o%=%D+?$/(,K=?$;%=%D&'''7 2&'K ;$&'U )'0?@+P'c.$Z>+;T'5U+_Z*&'.&K?@+;%=+2&'K &'0
s?$&a-.,kC=?$+N&K&7
&'8<=9[C+&*)'B)U+1A.)'B)U+AF-.=)'0 ?$&'8V&C+?$%/'^ 146 7&'^ /-5*+&8/.D&C%@+A(?$&7
I&0+2&K+A*m&890
Z''C &''*%$&U+__&''R)OZC+E)58&''U __?$%Q,'''C A0&'.`/K+E).$&'U __?$)'R f&'0&.+E).&'8&U
&['3&R+$&'C)U+_E=&'B ZC+&0+;@+AF-567&890+o?$&U+__E$/>&0+ZC+E)53&*)8&U+__j*)CD
 !"t ./0'123'456+*67
u%/a'3)*+1E$$@,0&'* dB)C+jF-5a3+T*&R+,(+/-.D@+o&*%$&7+__v.@+u)0&[.p3)*+&a3
Ww+x*?@+ZC+E).&C=$D&7
E).=?@&'C ?D%T*&'U&7+Aa'3 `Q,'C hm&C+?$%@+PB?@&7+E)5F-5a3$/8&M+E$/a.@+d8V?D
A'F-5K=$+E)'. :j'C$%Q,y>%@+A'*%$%,n+A'F-58?@+E)'. :jC+2D+;$)R+b&.+jR?@+?$&7+S?$)8
A*?$)'^ ;&'*)8V?D+ $&7+za.,C+&*%$)5>+h&U+_jCm9O)*+ND+AF-58%T*&U+&O)(+=&M+E).+__2D
_E&*%$&y-5>+A.$%$&()* 1Ak*&*
%@?@,'> $&U+=&B&C+=)Y+h&0&.+9C{$/C+d0?=&K+1`=%/^+&|<=&>%@+h9^+;&K=)*&0&7
}5K=&M+da.@+h9^+;$)R&C+;?$&U+:h)aB?$%=+?$&*)B&>&~&C+%@&O/-5*&7++&0+h<=&€C+Z(
A*G&'C ;?T'[-5M+1E%$%,'n A0&.`/K+__Ws&.`/K+=&M+?$&U+9^+I/K+:@,0?@&*Z>+h%$Q,C
o?@+$$@,'0 ;@&'C h&'7&F.=)C+AF-5a'3 ?$&i./.@+$&7+__?$&i-5>+&‚)M+A-57+:&F-58V?D
b&.+=&B&7+&7D+`/K+$&U+D&8/(+S?$&()M?@+%T-5>+P5.?D&C+$/C+E$/C?D+?T[-5M+:?$&.m/Y
$&'7 ?$&'Fƒ.$)R&C+ 1P-5C+_4-5„H,8&7+&.Aa.,C+o&OV+$&U+__?$)*+f&M+;9^+&67?/.=+AOV
Z'''C AF-5*)'''5K+__J$&'''0?@=?@+?$+6
N P''[K=D+A''*98+A0&''.$$=+?$&''(&.)a./…C+@=$+&a''3
f&'''M ;9'''^ 1;D=&''''7?@+f&''M ;9''^ ;&''F[C+=&''B&7&0+@,''0?@+;@&''C %T''-5( J@$/''†
WT*)B$)U?@
;%,'''-.$+hm&'C __;@+A'y5M+1Z'C 4-.$)'5>+=&'M &'.`/K+$&'U ZC&'*?$+I/'K A'-5>+2&'K
2&''K &''0 E%GH=&''7 `GH=+o?$&''7 &''kY+_&'''.&*)8?D+A(&']5ƒC+1ED&'8 AF-.@=&'8 o?$&'U
I?$%@&'*=&C+d'39^+;<=?$)'C A0H=&'C $?$$T*)‡&'B&*+d'-57+Z'C@,0+ A*%$)5>+?=$&K+AB)C
A8&''0 %@+4-5a'''3 $/8&'M&7+&'F*/R+S&'.&*%$&y-5>+A5*)a'cO/*+A*?$)'^ $&'F-.$)5>+?$&'UX
ˆ_&.&M+;=HD+%@+P3+b&.&7+$&.&M
$/''C 2&''K ;=&'''[-./*&0+@,'0 ?=$/8&'O $&'U ;&a'B%=)U+;&'0?=)(/K+%=%D+;?$&'U o)'>
I@,0+A*)0?T.,8+9C+;&cO+$%,-5K=?$+;$$<= ?$&.AaB&>&C
A'3&7+&'8%T*&U+$@=&'> /-5*&C+h&0?@+PB&M%$+hH<=?@+%@+2&k8@=&8+/-5*&7+AaB%<=&CXX
;?$&''U &'''F*/R+Sh$)R=&'C &'a-.$&0?@+$&8)'B&C+AF-5*&'|@+o&'8&U+:w?@+J?=+%@/.<=&'>
=&'K&U+9'^ :?$&'(&*$%=@+f&'M %@&*)‰)'B&O&7+1E$%Q,'y>%@+ A3&7+&R=)>+j-56 7?@+d[5C;?@
E)8&'M ;=)k*?=&'C %$&'U $$@=$/C%=+=&C+&*&……C+)*&>+1E&FC%=+=D)~+A6 7)~&7+h&*%$)R+h&U
E)8&''M__&'''.&*%,-.$+E)8&'M__?$$@=&'> E)8&'M L-.$&'7 E)'c.@+__?$&'[C?@+D)'B)*+A*&'|@
 !"#$%&'()*+,- !Š‹
&''''(&.)*+Z''C$)5>+;?$&''U hm&''C __?=&''[-5O9(+;$%@$$<= E)8&''M __&''(&7/(90+;)''> /a''B?@
__h$)R=&C
A($&'0 f&'M 1P'-5C+_&'.$$@=$/C%=+$)a'c-5U+A*)'8?D+ Za-5*&.&K?@+d[5(+;?$&U+WE%=).
&''.)[5C+?T'[-5M+1&'F-.$)R+%Q,'F-5(+o%=%D+_J,K?@&'* u)'.G+;&'K=&C+?$&'.).DH@&*+hGH=%$@
_?GH=%$@+;&''''K=?D/K+$GH=+%$@+%@+;9^&''''7 __?,'''''K%<=9^+1j'''-5M%@__Z'''Œ?@+A*)\'''*&>
WW?$&()0?@+[O+;9^+?$&K=?D/K+$&U+=&B&C+4-5(&O&B&0+ZR)*+di5^%@
&'''kŽ-5C+sj.&''''…C+;$)''* AR&''C s &''.Z0+%=%D+Ij''B,>?@+1j''B,>?@+o?/''-5U+E)''c.@
_h&[3&R+$&C+=&M+h9^+9C+L5[8+:j[-5M)*+PB?@&C+4-58m?$+5M+=)5B,>&7
J%p8+E). ?=&0pK%@+__s)0?@+ZY&CZY+j-56 7&C+E).+%@?@+j-56 7&C+&.&B&0$&U+%=%D+&.)U
__&.Aa'B%=+;$)'5>+E)'. ?p)3+).)U+s?$/C?$&0+)R+&.&39^&*+$&U+E).+&Fi.}> __?=&C
Ws&>%,^$)5>+E).+&0)R$)5>+IZ6 ƒC+9(+s&[-5>&B9^+E).+?=&0+=)KD=
L.$&''U __hH<=?@+%@?T[.)''U AF-5F]R&''C %@AF6 7&''^ /-5*&''7 &''0 h&'''B&0+$&'U =&'M j'8
$?$&'*@,090&C+?$$@,'0 4.=&'^ d'39^+;p'C $/8&M+:h$)R=&C+&a-.@+?$?=).@)*+$=).@&7
$‘C/'''3=&>+?$&'''*)0&($&F-.=+?,'''-./0+1E)0&.A[-5\*=&''''B&C+;&a''3 $&''U A[a''c^+b&''.
;?$?=&0A''3 A[-5\'''* AF-.p)'3 ’H,'8 =&'K&U+w+’H,'8 A'*%/(?@+h&'* j'8 _?$&'(?$/C
;=)''KGH=+1J$&'''F-.=+?,-./0&'C &'0 ;&'8 &a'3 $&'U =&'C&7+&'.%$/C&*+A*)'0%,C+;@=&K=&'B
o?$&'U $)[-5>&'7 1E$/a'i.H=+&'0 &'.%@&*%$&U+$)[-5>&'7 L5*)'C=/O+ &*@,0+9^+_E&C?@$)*
$&'''C ˆˆ&aa''B&C&8+1`$&''(?@+;&a''3$&UXX+9''C “<=9''KAC+ˆ?$/''C &''0 AF-5a''3=&MX &''.%@
WE)'5-.<=$)M+_&.;@)'3 ;=?@+A'[-5K}8+$D9'Bf@+P'c.$+ ;@/^+)5*&(”ŠW?$/C&0+;&Y=&8

z[-.D&'C&*+ 9C+;&*)8?D+1J$&F-.=+?,-./0+1P-5C+?=%$G@+?T[-5M+%=%D+;&[5B$/*+?T*&C+h&U+ ”Š
;9'^ A(%D+;V$&U+9C+A*)i0+6 2 &M+1&.%,C)0+h&U+;&0&.A(&.)„H,8+&*$/C+_j.&0)*+5M&C+5M
`,'''K p)'3 A'.Q,R+f).&'^&7+;@+&'*)[-5M+AY=&'8 &'.9C+S)'M?=$+•&'C?=+;$%@$$=+&'(?$$@,0&*
$)[-5>&'7 1Za'B?$&*+?$&'3?$&U+&'C =)'0 _Z]'cC+ E)0&^?D=&C+1`$&FC=/[B+;/.@$&U&0 ?$%@
AF-5a''3 $/8&''M :Z''C &^&.$&a''B?@+%@,'''M?@+A8&a'B f&'K&7+A[a'B&C&8+$&'U ;?T.=&'n)U+$&'U
$&'U :%@?T[5.)'U1+)a'c-5U&7+ˆP'c.$+ ;}-5MX+A–-50=+,-.G+&a-.,‰+P-.=@<=9kC+:%@$$@,C%<=&7+$/C&M
A'i-50T*&8&0+1`,'FC+f&'C&O&7+A*)'C=/O+ ZC?@+:?$—K+?$&3$$@=$/C%=+AY=&8&7+;?=?$&*$/C
 !Š! ./0'123'456+*67
ˆ&a'''c.$X+$&''''U )a''i-5M&0+j*%}''iC+Z''C?@+__h&''0?@,-5n+Z''> ; ?/''-5U+$+&''F-.$?<=&>+&''8&U
_&.&aB&C+PB?@+A0&.;T*&C
&'''0?=&0+=)'''KD=+;@/'''^ ?}-5''''M $&''U Z''C?@+hm&''C __?=&''0 =)''KD<= %@;9^&''7 P''c.$
sZC+AR+?$&a-5aB&C?@
&.&'3$+$&'U ;=&'…*%=&C+P'c.$+ ˆ?$/C&MX+;&3$&7+&.Aa.,C+ˆˆPc.$XX+;@=?@+&0)(
;T'5U+:)'K)*+h%=&'8&C+ˆˆ?$/'C A0&'.AR=&MXX+AF8&'R&7+ 1&0)[CD&r+$?$&a-./B?@+A*%@@
;}-5'M ?$%$@+$?=&C+&0+&5*+A39C+_%@%@+ˆˆ)8&*+A0&5R=&MXX+A˜=&B+&*)[5C@&C+Pc.$
E)'''5F-5(+A(&'''50?=&K+&'''*)8?D+;?$&'''U $ &'''*)8?D&0+?,''''( E$/''C?D+?$&''7 _%TC$)''( ;9''^
_?$%@=)3&~+Pc.$+9C+;9^+$&F-.@=?@+o&8&U+__Z[-5FiC
$&''7 A''*@,0+=)'''KD<=9^ 9'C P'c.$+A*)'8%<=+-A'( hm&'C __ ?=&'0 =)'KD=+P'c.$+E)'‚/K
sZC+AR+ZC?@+;&0&*)™T*&C+;=%/.@+A*T*)^$$<= 9C+$?@=?@
}5K=&''M ZC&'''* &'*%/-.@+=&'K&U+L5a'c.$+:Z'C?@+P-5'3 b&'.;T*&C+$/8&'M Wh&'0&^%@
_)FC=)(/O+;9^+Z*%/()*
__Z''[-.$}C?@+P''c.$+;,0&''8 1•=+&''0 &''3&8&U+=&'M :?$&'a-.<=&K)*+?$%$@+9'C &'*)8?D
I&''7 &'.Aa.,C+o?@=&'C $&'U :`Q,'C A6
7&'M Z'*%/()*+P'c.$+$&'.`<=9K&7+b&'.&C?D)+?@=&'C
ˆˆšO%/7%+,8!% ›J$&0+f&M+A*)8,nXX
f&''M ?$&''i.<=&7+E)0&''a^?=@+$&''*&(=&n+&''()0;?@+P'''c.$+?$&'O<=&C+?$&'C J?=)C&'B
;%}''''B 1&''''6
79(+%$&''''U %@&*A*)''''3&7+E)''''3 %@,0&'''''8 1o@=&'''K&7+AR=&'''M __Z*&'''0?@
A8)''Y $=)0@&''C AF-.}-5'''M &'a-5C?@+&'0?=&0=)KD=+&a'c.$+&['3&R+$&'C )'U __Za-5*&'.&K?@
9''C ?$&''[-.<=&kC+j*%/()''* {;?$&''C j''.D%=+&''0 ?$&'''()0?@+œ'6
ƒO+%@&'*%$&U+=&'B&C AC?D&'r
&''*)8?D&7+&''0 &'''5*+?T*?$&'U =&'M L5a'c.$ ;&'6 79(+)'.)U+_ˆ?$)8&'* ;&a'3 $&'UX+A*)'8?D
;?$&'*%@+=&'> A(m&'B?@+P'c.$+?$&'()^AC+ &*)8?D+;&a3+$&U+&F*/R+_s&.&a3&K=&C
_&5*

;@=&K=&''B ;&''U __&*%p)''3 A*)'''8%Q,5- (+1&'i-.T*&U+;&'U &'(%$&0!Z'C )a'c-5U+<=&'8&7+Aa'c.$

WsE)a*)8%@&C+daB?@+1j-5C).,n&C+&*)8D+1J$&F-.=<?,-./0+A 8&aB
!"#$%
 !"#$%&'()*+,- !Š”
?$&*@,0+pC+;,-5n+E$/C+P-53+A(?$&7+:&.Aa-53+;&($)k*&M+&]-5U+Aac.$+AaB%<=&C
%}'B %@+4-5[-./'3 1E)'8?D+$/8&'M&7+&'k*?<= $&'C )'U :?$/C+=)…[.,n&* L.@%}58?@)U+?$/C
1z'-5C+)Y$&'U __s?$&'.9^+A'cn&*&C+ZC%<=&'Y &6 79(+;pC+A-56 ƒC+9(+__=%D)U+;=?$).+&a-5C?@
$/8&'M _?$&'6 7@+;)k*)0&'7 &a'B&C&8+;Q,'C=?@+ $+&.&*)*DH=@+A0&.?e-5C+&6 79(+;&3$+z-56 ƒC
$$@=$/'''C%=+A8?@=&'''B 9'''C Z'''*%/()*+&''''F*/R+?T*&''8=%D)U+%@;9^&''7 4-5a''c.$+E?$)''^
1P'''c.$+Z'''C?@+?$&'''U =&'''C&7+)'''U __?$&'''a-5[-5M+A'''C ?$)8&''* ;&a''3 $&''U )''( ?$&''(%TC)C
_%}B+1%}-5U+1J?=)n&0+&[…C+E).GA8&Y=&B
N+A(&.)a-5''3 $?$&''*%=$&M+?T''*%}^+;9''^ ˆˆo9''MXX+?$&''*%<=?$)C+$p'''C h&'U ;9M&'C
6
;@/'^ _&'*)8&*+A*&.)'3 4-5a'3 $/8&'M 1Z[-58)*+4-5a3+$/8&M+I@,0+;=%$)M+$m/Of&M
o&''8&U+:Z[-5F'iC+E)'5F-5(+$p'y-5*+&'()FC+;9'^ A*)0&'6
7H=+&'*)8?D+&'0 %@?@+E)8=&'n @%@
E)0%}'B 1)'8 A'F-.=+L5C?@&'U ;)B).+1ž$/8)*+:?$$T*).&K+;%=+ˆAa-53X $&F-.=)0
A'a.,C+ %@;9^&7+E).G&0+zC=)(/O+E).G+;=)C$$<= ;$)nV+PB?@&7+E9R+&(%$&0+_?$%,*%@
4'-.$%@$$<= &'0)(+z*%/()'* &']-5U+_?$%@+;<=)'Y Aa-53+&0+&.?$&U=&M+o&8&U+__s%}B&7+ZC
9'C Z'C?@+;&'U __sZ6 ƒ-5M&*+E)0?$%@$$<= Z*%/aC+%}B+ZC?@+;&U+:?$&[.Q,cC+%@{E$/C&M&7
&''''C )''0?@+ˆˆ=)''0XX+&''[5…0&.+&''0 ZC&''M A(&''.%,8&*+%@+E$/C&''M&7+&''*%=)0+$&''U ;&''kŽ-5C
;9'''^ A(%D&'7&0+&'.?@%<= $&'U &'()K&*+P'c.$+/0?$)'( __s=)'0 &'C )'0?@+o%}'B 1ˆˆ%}'BXX
o&0)''B$&U+__&''5*+9''C A''*$/C+=)''KD=+&'''39C+&'*D)C+$&'7 }5K=&'M Z'C &a'3&K=&C+1E)C&'*
_P3&K=&C+;$%,^+?$?=$$@+AF-5ac.$+&a-5C?@
h,-5'n Z'()0+_Z[-5'B$&7+E)'.?@+Aa-5'3 &'0 E&*)5*%=9K+$&U+;%D?=)3+?/-5U+W&[.=?@%,C
h=$$@+&'''''*)5*%=9K+$&'''''U A[a''''''c5C&7+&''''.%$+;)''''*)8+?=&''''[-5Ÿ6
7/^+P''''c.$+&''''0 E@,''''0
E)0&''''''C).)*+&''''''($&F-.<=+$D%=+A[''''''3&R&C+ˆˆ)8&''''''*AR=&MXX+;T'''''''5U+_?$&(&*$/a'''''c^
h&''8&U+h9''^ j''8 IZ''(%@?@+f&''M P''c.$ ;&''()0+$&''U )''( {&''.%$&8&U+_ZC?@$‘C/'3=&>
L-5[.&…'B __oV$&'8&7+1`$&'8?@+&0)a'c-5U+&'0 &'.?$&U+ &8&U+IZ6 7?@+E)3)>+:?$/ac.$
_`$&8?@=&M
9'( sZ'[50=@;?@+Zk*&'K ;&'U __E)'8D+&'(?$/()M+&.?/+5'3 h&C+Pc.$+H+,8&U+)(+).)U
&'a5C@,0 ;9'^ ?$&'.A0&.?=$! $/8&'M&C+ 1ZC+A+7)8%@+;9^+Aa+53+A(90+$T*&C&7+A+5+ƒC
;&''0HpC+1P+5…()'M P'c.$+E)'. :?$&a+5'3&…C+;@)'3 ;?@e'8 1E)'0?$%@$$=+;@=&K=&'B
 !Š  ./0'123'456+*67
;,-5'n A'a-5C+A'*%/(+Z'0 Z'C?@+ ;&U+_`GH,0&*+6 N+A*%@@+;T5U+:V$&U+&a-5C%@+`Q,n+;&6 79(
WsZC?$&*@,0=)3)C+$&U+=$$G&7+)FC+AF-5a3+;,-5n+/F67&C+__)FC+;=)KGH=+;=)3)C
&'''79^+$=)'''3)C&7+)'''FC+4-5a'''3 ;&a'''B%<=)U+;9'''^ Aa'''B%/^+)'''*%/(+Aa''''c.$+Z''C?@
:)'FC+;,-5'n Z'0 ZC?@+;&U+Ws`,0)*+;9C+$+?=$$@+&8&U+hm&C+__ZCq*D&8+ET*)˜/Km&K
sˆ?$)8&*&0+)FC+&a3$&UX+;$$=+$?=&C+PB%/^+E)8&M
•?D+;$)''''R Z'''…(,K+;%@+T'''*/(+AF-5'''B,(+/0?$=&'''M __)a'''B?$+&'''cO&7+%,-5'''^ %=%D
?$&''''($&0+T*).)^&''* ;?T''[-5M+hm&''C __A*)''F-.<=$)M+A''[5*%$<= 6
2&''M 6
N+&''($&0+$?$&''*$/C
IA(/K+9^=&B&7+1z*&F-5>
&a^&''B AF-.=)'''0 H,'8 9'C A'k*?@+Z'C &'F*/R+SZ'C)*+b$/'B E)'.G+%@AF6
7&'^ /-5*&'7
WWZCD)C)*&R+&.H,8+$&U+m?D%/^&*
o&'6
798&R&C+:$/'…(,K+ &.9a–K+$&U+9C+A-./K+;?=$/8&O+$&U+hm&C+__J/K+;%$)U+%=%D
IA(/K+$?$&*@,0+;$)R+$@,0+A8)B=&B+%=%D+;)O)O+:?$&*$/C@=)3+;9^+;$)R/8?@
;9'^ A*)'0?T.,8+;&.?/-5'3 $&'7 ?D%$)5Y&0+Z[-.$@?@+&]-5U+b&.?/-53&C+%=%D+AR9C
sZ[-.$@?@+Z>
ZC&'* P'B$=@+A'R9C+&'.%/K+s-A'C ?=&8&B+AF-5a3+&8&U+ZC?@+AR9C+IA(/K+o%=%D
s`$TC+E).+`,[-.$TC &*%=$/8&O+?=)Y$$@+;&cO&C+L.ˆ=/8&OX&0
A*)'''0?T.,8+Em%T''''[8+;)a''B98)8+b?$+%=%D+)''C __)0)*;&''O žI&''.%@+A6
7&''M =$/8&''O
;&.?/-53+$&7+?D%$)5Y&0+Z[-.$@?@+A*)0?@,K)3+b&.?/-53&C+%=%D+AR9C+hm&C__Z[-.$TC
WsZ[-.$@?@+Z>+;9^+Acn&*

! '()"*+!',*-."!/0-$1

_j0)['''''B,(+AF-5a'''3 E)0&'''.A.m/O+/F6 7&'''C __jC=&[-5'''B,(+E)0&'''.A.%D=&C+ZC&'''*?$

;9''''^ &''''F($/7+$?=&''''C L5a''''B?@+1Z''''*%$<=?@+%@<=T*&''''0 =&''''B&C+$)'''''R %@A*)8}*&'''7
_Z*?@+D)K$pK&7+f@+ˆPc.$X+&($/Y+A*?e-5K+)Y$&U__%@?@%<=
AB,(&8+$}-5k*&U+)(?$&U+s&5R+j8+;&0&O)n$$@+&ac.$+&0+j*%D?@+?/-5U+&.)U+WE%=).
f)'> 9'C 2&'> %<= o%$&'~&7+:A'*%T[6 ƒC+&'8Q,C?@+ $)R+%@"?$&*$/C<=93&7+&F*/R+S%@?@+he-5K
 !"#$%&'()*+,- !Š¡
1J9'0 ;$%=@+b&(&'3 $?$/a'B&C+?$&'„H,8&C+ h9^+Aac.$+?$&0&.V&7+_/0?@+4-5ai>
;=%/.T*&'C 1h&'FC+=)'(/O+ h9^+&.A.)B)U+&„H,8+$&7+`$&8?@+?$&i.V$&7+:u)0?T*?/-5>
/-5*&''7 d6
7)'''~ _%T'C-A>+u)0&'( E)58&'U $?=&'C =&'M d'8?$$@+Aa'c.$+1w6 V)'C A'„H,8+)5*&'(
u)0&a''''B?@&0+;?$&''U 9''C )Y$&''U :&''.?=$?@&7+A''-50+Z*%D&''* &''F-.,-./0+b?$+%@AF6 7&''^
_E$&FC+%@$&a>+AF-5ai>+6 2)>=&B&C+j(/0?@+E).9^+?$&U+9C+E?@&*+PB?@&7+;&*)]a8
/F6
7&'C :dy-5>?@+?/-5(A89^+$+&0&.A*)acF.=)(+o&8&U+__dB)*+E)()*+j8+W&[5F6 7&^
_h&C?@+9C+;)*&>+$&0&.&B,>
1 E)0&''''.;T*&C+Z'''''B &'''8&0?@+$$=+1h$/a'''i5*H=+%@?D%$=?@+h?@=&'''C&7+j'''8 %$&'''U
_s?$&i+5>+&a+5C+d+57)C+`=&C+h&ai^&7+`$&.?@+Z0+W;?@+)U+Id[+5Fi.,O?@
$&''F.T*&>+&'8&U+__w+4+7&'^ A'*%@/.,n+A]5ƒ'B&(+&'0 &'.?$&U+A8?@)'U ;T*&'> h&'0&.
E&'''M D)''''…ƒ5n+%@+2&''k8$@=&8+/+5*&''7&0 ;?$&''U =&''C&7+)5*&''( __h&''FC+Z''> A''i5U+Z''C?@
_h}+.=)€C+h9^+;=)R)*&C+)0)*+Pc.$Z>
A'*%/(+;?@+’H,'8 &'.)U+&'.)(,kC=?$+d[(D=)'> 9^+Aac+./+7&M+%@+E)\5Y&7+j8+=&K&U
sZ[+5O&aCZ(+1ZCm?=&C+j.=&C+;9B)U+$?=&C+Z+ƒ+5M+;&*+$)FC+ž=/O+h&0&*9+7)C
&'a5*&.&K+ h&*+)(+$&F+5*%@9^&C+Ak*,K ?$&U+?$$@,0+¢+5K+j(D%=)>9^+=)O)U&7+h9^&0
?$&.9^&*+A+57+1;&FC}+.=/K+b&.&B)0+$/8&M&7+=&K&U+_ZC)*+£n)^++N+h9^+ž$/*?=)R
&a''c.$Z>+AC?}50)''> %@AF+7&''^ /5*&''7 `$&a'''iC+=&'K&U+__A'5F[^?@+%@+E%/[5(&'7 %$&'U
&'‚$&0+%@+h9'^ A'7@+f&'K&7+?T*&'R ;)U+W;9iC+J9^+g5>+;$)U&C+&0+A[+5\C%=+J9^
$D)'* b?$+=&K&U+_?$?,cC+J9^9C+)Y$&U?@+W&0&+7@+?p>+;&U+IJ/K?@+d+5>+$+&B,>+$D%=
_;$&0)*=&B+%@A+5(+%$&U+?$&*T*&B+&+79(+&(&*/.+,C+J$)R+4+5(&]¤5*
{%@?$&[+50&'''''39^+b&'''(&7+;?T'''[5M+I&'''[8+;&'''0&.A8?@)U+?T*&'''> h?$$@+o&'''8&U
E$/'C A.)C9^&'7 A'¥?D+&'F*/R+Sd'5˜/K?@+ {%@$/C+A.)C+9^&7+b&(&7+q8&0+d+.D)B?@
_j.&0?@D$&'B N ;q'0)R+Aa'3 ?$&*T*)0&39^+A[.,C+hm&C+__&0&.m&C+PiK+;)k*)0
L''5[8+)Y$&''U _Z''*?@)*+A''F.=$?@+''5M+1z'''* E)'.9^+A(&.)'B&0+Aa'c.)C=?@+&'*%$&U
A.%@$&''''B A5''39^&*+9''C &''F*/R+:E)''.G+&''8=9[C+%+=+E%$&''U /5*&''7 &''39^++¦''> h)''M?$
h&'''^ A]50&'''~ &''''F*/R+Sd[+.D)''B?@+h9''^ %@+E)''0?$/CA.)C+b&''(&7+__j0)''R A*)''8=?@
Wj0)R+;)aB?$+14+.=&a0&U+&*&FC+%@+h$)R=&C&7+’H,8+o?$&U+9C+:j[+.$?+=
 !Š" ./0'123'456+*67
&''a5*&.&kC+;9''^ ?$&''*)0?$/C+A.)''C ;}'''0 =&'B&7+Z'*%/(?@+Z'0 o?$&'U ;%+=?=&'B
d.?D&'''C E@$/'† Z'C ?T'[5M+1&'0?=&K+h,+5'^ &'*)58?@)U+&'*$/†+$&'U 9'C WE)0&'.A.m$/O
?/+5U&''''7 ˆE$/C9^&''C%$+,CX+`$&''.?@+?$/CA.)''C9^+&''7 ?@$/''† Z''C $&''U __?$&''[.@+%T''5>
?/'5U+A*)(/0&'ƒ>&R&7+L.)a'B A7%/B+1`,kC=?$+{?$&*)a*)0)k5*&7+b%=9^+1Z3)aC%@
9'C ;H=@+?$&'.?=)C&7+ &*).)aB?$+?T*?$&U+=&M+?+=?$)C+o9^+?T[+5M+%$)U+A8$@=&8+__)FC
;)M&'''C /''''^,*+&''a5O&yC+?T*?$&''U =&''M &F+5*%@=&K=&''B __Z[+5‡&''B ;?@+;e''.,C+f&''M
Z'C)K)U+Z'C ;9'^ A(%D&'7 &[5O&a'B%=+ A(&.%T[B&>+=&K&U+_?$&*)8/K+&a+.$&0?@+?$&.9^
_Z*%D?@++N+AF+5a3+?$&53D%$&*+;?=)C&7+o$/CA.)C+9^&7+AB&0+%$&U
?/'5U+;9F'3 h=&'3&C+&'k.= &'0 I?T*&'C ?$&'U =&B&7+j8+;&*)58?@)U+;T*&>+h&.ZB
$&''U A˜=&''B ?T*&''R =&''M j''8 _h&'''FC+E)'>%,^+;)'3)8&(+Z+ƒ+5M&'* 1Z'[.=9(+w+h?@&'*
$)(&'''M 1jF+.=?$&'''*$/C+&'''*%$&U+S?$&'''a.,0?@+d'''7@+h?T''''C &*%=&8&''B $,.&''B ?T.=&''n)U
;&F.@+Aa3+1=%@+&+79k*?D+;=)8+1)8=/^+=%@+1x[+ƒ>+&7&K+I+b?$+SZ[+5M?@+E)58&M%=&n
;)8=&K&C+E)53$/8&M+1E=HD+&*%=&8&B+&*$/†+$&U %@AF+7&^+/+5*&7+&0+;)U+_,(,.&B
P''B?@+§)''.)*+$?D%$)''* Aa''3 =HD+%@+o&'''*)>%,^+$&'U /5*&'7 _E$)'O$/Y+&'Fƒ+5M&7+=9'^
_`$&0?@
;V&'C ?$=&'M _A.)'*%@+;&'ƒ>+%$@+&'()K)*+?T*&'¨9M+=HD+E)'a8)0+j'8 A[5*%$+=+Z(&C
?$&'89^=&C&7+?$&'*)8/K&C =)'Y =HD+:Z'(?$%=@+A–'B?$+;9^&'7 @).D+oˆ&>%,^X+?$&[8
sj[+5k*,(?@+E)5*)0&+79k*D+&[5…0&.+E)0?=)8+AR9C+?$&U+I&8/5B,>
;$)'(?=9^+o&'0H+,8&U+)'( _&'.&M+ ;9^+;?T[.)U+o&>%,^+J&*)*&(+14+5a3+$/8&M
h&'''7 _?$/($&'''0&*=?@+’H,'''8 9'''C {%@A[(m&'''M ;&'''3,K+;+=&'''>$&7! H=?/''''5*+;&''R,O
Z'''> ?@}+5'''B&7+;&'''0?=)C&O+AR&'''0 :“,'''*?@%@+©%,^&'''C $&''''.&M+P''3 =HD+%@?=)''KGH=
4.%@&''7 ,(?=$&''K &'*%$&7+Aa'3 oV$&'8&7+:?$&'a5[+58)*+q'> L5k*)8Z'B&7+1`+=&'>)[+5(
V$&'8&7+_Z'C m)'C A'„H,8+A*).)'3 &'0 A'[5Ÿ+7/‰+m)'C AF+.=?@G&U+E).G+&ac./+5>+_ZC?@
&'0 ?$&'*%=%@$)U+ 14B)*+&*)aB=%@+$&U+&[*&.&K?@+E)[+5M%@+A.)8=&K+E)0?=&[+5(/B+?GH=
_?$/($&0&*+`$+E)5F+5aB?@+5M+)ai+5M
Sª)'c]5(+&'[…C+E)a'i5*)0+&F'i>$$@+$+x'[ƒ>+ &[…C+E)a*)0&.+;/+50+ZC?@+&.A*+=)R
_ZC?@+A*&^+;9^+;py+5*&C+f&k*&Y+/+5*+AR$%=+)Y$&U
 !"#'%&'()*+,- !ŠŠ
;$)[5*&''F5>+Aa'3 N&'K %@+E)(/+5*&'7 Aa'B%+=&C+WE%D%/'^@%@+1ž)'^=)0+;H,'K ;&'U
&'''a5[+5M+h?@+Aa'''B%=&C+j''''B,(?@+A''i57+1E)a.&''3 ?$)''* E)''($)* ;&a''3 $&''U __&''.&M
E)''''(m)C+A'''''„H,8+=&'''K&U+_?=$$@+E)0&'''*D&8+&a'''3 $?/'''5U+A*)'''5K+;%@$&'''8 _z*&'''F5>
1E)''.)*%@+;&'''U _ )'^?@+J%p8&'C E)(D=&'7 1ž,'( %$&'U J$&'0=?@?$++N+?$&'.A0)R=)0&C
AF'i5(+%@A.%$=&'> ZC 1;@)3&7++V)C+A„H,8+;=).T*&>+1A.)*%@+?T*?$&U+=&M+WE).)*%D
E)''a5>+h$)'''R %$)'U WE)0?=$&'K_EH+=?@+1E&'0?@f&M+P'i>+%$&'U E%@=&'…5(;+,K+$?$&'.%@
;&'.m)C+ &„H,8+$&U+Ih?@?@++=)YA*)(9C+o)ac+5U+_)[+5M+f&M+di5[+5\*+;=)C+1J/k*&+7&M
WE&0?@+,+.@$)*+A*)0&*)a.&3+A*)a.&3&C+?$&*)(9^+;V&7+?/+5U+u&.&K?@%=+E)a+5>&0
j'8 :)'^?@+h9>/7&'> &'7 q>+&.?=$&K+?=&M+E)58)0+__h$$@,0+E).$$T*)8+&*%=$&K+$&U
&''8&FC$$=+?$&''*%$&U+=$$G+&'''7 h=$/'C%=+%@+E%$&'U ;&'.)>+$&'ƒ>+=&'B&C+h&'0?@+?$&'7 D&'~
_V)C+A„H,8
@,0+daB&M+E%$?+=/($+=+:d50&+ƒR%+=+v.@+%@A.%$=&>+ZC&7+u)0?=$&K+A>9(=&B+Z()0
%@?T[5.)'U A*)'8?D+;&K9'B)U&C+;?$&'U 9'C E$/'C %T.&'> N E)'57)C$$@+ d79O+$$@=&M+%$&U
:=$$@+?=&''M ;=)''KGH=+&'8&0?@$$=+j'8 __w=$$@&'C =)'kŽ+5M+&'*%=$&K+$&'7 $?$&]+.+=/'cC
''5M+)a''i5M+E&''*).A0)*$$=+$&''U A''']O/*+&'0 d'5*?@+¢'8 E)'0H=+/'5*+;$)'(?=9^+$?=&'C
=&''M P''B)U&7+1j''C?@+%,F''3)U+E)''0?T*?$%/^+)Y$&'''U _E/.@&'* ?/'5>+A*$&'^ 4.=&'*/M
_jC?@+=%D&8=&3+;$?D+=&B+AF+.$%@$$=
E)(9^&'0 ;@?@+h?/+5U+%@+4+5(&+7)~&7+&KD9^+__E%D%/^+@%@+1ž)^=)0+__+W&[.=?@%,C
)''''C ?}5'''''n 1E$/CA.)C9^&'''7&C&0+&.)[a'''c‰+=?@?$+E)(&*‘'''i^+$&'''U 1&'''.)C;+=9kC++N
/0?$)'''( __da''''i5*?@H=+%@+E)(/5*&''7 1;+=9''K?@++N+h9''^ L''5[8+&''KD9^+__E$)''B$m&M
?$&''.A8?@)U+A.)'*%@+$T*&'> =&'B&C+1&'8T*&>+%$@+&'8&U+&'F*/R+Sd'50+j'8 u%D&'* d'39^
_?$&(?$/C+[O
"J/K+;%$)U+%=%D
ˆ&0,R+ZC+A()&B+j.,(T*&8X
Ws?$/()M=&B&C++N+d5R?$&U+;=&U+WE%=).
__&'''*%,K+E)'3&7+h=HD+W?$&'^%@&C+__?$$@,'0 £'.$+d'.=+1h$/'C ?D,€'3 ;$%$&'(&C+9'^
Wsd+ƒ+5\C+E)a+5Y&C+1d+.D%qC+E)a+57+h?@?@+E)0&(+__h&0?@+N+A+5>+;&M+$?+=/R90+9C+AR&0
 !Š« ./0'123'456+*67
9''^ __)''0)*+;&''O :;9''^ ;pK&''39K+A''^H@+9''C ?$&'''a.=&kC+%=%D+&a'c.$Z>+:Z+7&'C
N d'''5R+?$&'''U __W;9'''^ ;&''''0?=)¬8+9''C ?$&''a.=&K?@+?$&''0&.&+79C+1A*98&''C L''5R=$
Ws)0?@+h$?+=/R90+;=)R)*+Z0+1AR&C J?=)C&B+?$/()M=&B&C
;?@%p'U 1h@,'0 f&K&7+;&cO+&0+&†)^+__?$/CpK+d3&^+$&8&0?p8&U+?$&U+:Z+7&C
?$&'''U __E$/(/K&'* Z'> h&'†)^+$&'U ;$)'* o)a'c5U+)'( W&'[.=?@%,C+__h%@+=)'Y 9'C ;9'^
9'C Z'[.$@+ $&8&0&C?=D&Y+?p8&U+:?$/RH=+%@Ak*?@+ZC&7+$&8+ˆˆ&0&k*?@+ZC&()&BXX
_&cO+&($&0+)]0&(&7+;9^
;?$&'U ZC&'* •?+=+E)a+7@+dO&M=?@+;?$&U+9C+1d+ƒ+5M?@+E)a+5Y&C+$)0)*&7+&0+o)ac+5U
%@$&'^ &'*$/R+ A()0&7+j*%D?@+).)U_?$&8+,+5K?@+A*)(9C+4+.=+$+?$&8=)3)*+E)a+57+%@;$$+=
h$@=&''8 ;=&''B AO$&''( )''( ?$&''.Z>+;=&''C&7+$&F+5''B,(+sZ''B,(?@+AR&''7 o9^$&''^
%$&''U _E&''0)*Z>+P'B?@+E)0&'*$&^+;}^&'* ?$&'.,+.G&7+;$?D+)'( &'F*/R+S?$&'a.,K?@%@
IE,+.@%+=+9C+d+./K+$?$&][+5M?@+9C+E)aF+.T*&>+T*&R
__$/''''''R=?@+?$&''''']5>+,+.G&'''''7 ;$?D+?$&()&'''''B j.q'''''k*?@ZC+;V&'''''C Z'''''[.$@XX
_%@?@+A*)0&'(?@=$+?$&'†).G+A()&'B =&B&C+L5ƒ58+:@,0A>+E)5aB?@+di5*)0&*$&^
&a''c^+A''B,(+&''0 ;)''U __?$/a''c5C&*+?$&''89^+;=$?@&'''C h%$)'U A5()8/'i0+=&'C ?$&'7
$&'U ?T*?$&'U =&'M _A'*%D?@+&'8&U+ 9(+W%=%D+I/K+A+5>+&*)k*?@ZC+1Pc5C+d+57XX+W?$&]+7@
_,K+;&ƒ7&0+j+./^+A8G$=/M+@,0+h=%$)M+__$/R+dO?T*?D+Pc5C++N+d.&>,R
_;&0)*+;%,F3)U+1A*%D?@ &8&U+9(+W%=%D+I?$?@,0Z>+AaB?@+&*)k*?@+ZCXX
h&'* hm&'C __u%D?@+o)C+&8&U+j8+Z+7&C+I?$&.%@+d8m?$+1d.+=&>%+=+A+57+&[B%,(&*+$)R
_h?TC+;+=)Y+u%}.?@+;?$&U+&0?=&K
b&'''(&7+W%=%D+__+sˆˆT'.,(VX+›&'5*+P0?=&'K 9(&0&a'B%=+`=&'U I?$&'5(/K+&'*)k*?@ZCXX
1d.D=&''7 f%T''[8+b?$+_?$?=)''3&8+J9''^ %@&'''.?$&*$/C+=)k*?=&'C h&'U ;/.@&'*&7+:&'89(
s&5*+%@+j8+Ai+50&7+?$&U+hm&C+:w$$+=$&aB%=+`$&8?@+Wh9^+9C+;%$+I/K+?$&*).,K&C
_&.?$&[8+;)*%/(+=$$G&7+$&k*,K+?=)0+h&U+&i^&C+w
4''57+$?e''5C+J9''^ ;&''cO?@+sZ''CAR9(+A^&'''.)C+Z'C?@+W%=%D+I?$&'5(/K+&'*)k*?@ZC
_Z0&a+7&M
 !"#'%&'()*+,- !Š#
_swZ0+j8+ZC?@+&(%$&0+__&[8+;&($+)5*&(+&8&U+ˆˆ&5*+x*,KXX+d57?@&0+&.)U+IA(/K
d5*?$&'U A*&.)'3 j8+_ZC,(=)C&7+j8&7+&.&3$+h&U+A*%@+=)Y+9C+dF+5B&0+A*%$+=?$)R+j8
_d+50&(f&M+4+57+%@$&U+;)>&7+1w+E%$+=?$)R+;=)k*?=&C
A''R9C+&']0?=&K+;&'.{;@$/C)'*! $&'U &'a.&kC+A*%/(&'*&0+9'( I?$&'5(/K+&'*)k*?@ZC
AF+5a'''3 ?$&''''U )''0?@+P^%@=&>$&a''39>+Z''> ;9''^ ;@$/C)''* ;&''.m)0+$&''U __sA''3)C
W&|)O+Pc+5>+1E)5a^&B
;m)'C ;&'F[C+j0&'7 o)a'c5U+ _J,K+9C+;9^+=HD+d.@$/C)*+A+7$&0+AaB%+=&C+I+/K
;@&''C `= h9''^ ;m)'''C A*)0&'F>H,(+;V+9'C A'B&0+o)a'c5U+)'( _h$/($?,'B ?$&'89^
___dB)*+E)5C+1dyCH=+%@+h9^+A*)0&^)*&C+di5*%/(+__h$$@,0&*
Z''0=9KZY+;$%,0?@)''8)U+?$&'''U9C+9'( 9'^ W %=%D+`=&'U IA'(/K+&'*)k*?@+Z'C E)'c.@
s?$&.}+./kC+P39^+A*)0&.A.m$/O+$&^?DH@+A*%/()*+;@&U+_;&FC+E)0?/+50&C
A./K&''C )a''i5M+&''8$/(/K+;?$&''U __E$%@&''*%=+A*)'0?/+50+j'8 ;&'cO+`=)'Y I/'K
?/'5>+ d.T*?/+5>+)ai+5M+hm&C+__h$/()M+&*)5*)\5Y+h&U+;V9C+:Z+7&C+_+?$/ai.&K&*+4+7&^
_E$$@,0&*
u$&''3 %@+J)8/''i0+?=&''M ;=)K$&''3&7&0+A''*%D$/R+9'''( `=&'U IA'(/K+&'*)k*?@ZC
_)5K+$eK+=&B+&a+.=)C?@
AF+7&''^ h$/''C J?=+%T''55>+$?$&'''.;DH@+h9'^ ;&'k.=+;&'()0+$&'U I/'K %@+hm?$&'7
14+7&'^ )Y$&'U _j.D=&'7?@+dk[57$$@=&'M &0)'B$&U+ %@+L5aB%=&7+_h@,0?@Z>+E).&a+7)K
A*%}''3&*+?$/()'''M N J%$+/F+7&'C _?$$@,0&'7&M+J)'k.=+?=)'.@%$+W%=%D+I/'K E)'55>+%/'^
W;e+.$)\C+$)k*&M
__ sZC&''M AF+5^&''.)C++9(&''C E)'''5*@,F+5>+&'a7)K+Z'C?@+I+A'(/K+&'*)k*?T+5C+?=)'C$$@
?$)a'c5U&7+=&'M &a'c.$Z>+ )Y$&U+S?$/C+J=)KD=+E)[+5MZY&C+E)8=&n+&7+)ac+5U+9(+W%=%D
$&'U Z'C?@+Z'C x'*,K+ =HD?$&+7&890+;V&C+4+5B&0+=&K&U+:?/5*%D+J&*+;&U+AC=%T*)8=&n
sZC%$?+=+E)8=&n+$=%T*)8=&n+%@+E)0?=$&K&a3&7+&B&0
H,''8 &''0 &''.?$&U+q''*%,K+o?$&''U&7+__&'''*%,K+AF+.=)'0 ?=$&'K A'i5U+A*)'[5M+ZY&'C
A*?$)'^ S&'*$/C+o9'^ N A*)53+$&.&M+PF+5M)*/K+_Z[+5>&B%@+?=$&K+?=$&K+A*)8=&n
_A[+5>&B%@+E)8=&n+`$&a3)*+1A(m&B?@
 !Št ./0'123'456+*67
A'[5€yC+ %@+d+./K&C+b?$=&M+_h&FC=?@+E)8=&n+/0?$)(+&5*+h,+53+;?+=&*+j89^+I/K
?/.=&'C 45*)\'5Y+;?$&'U __E&'0?@)>=&C+2$/7?@=&'K Z*&'(&C+E)0&'k*?@+ ZC+&3$+IA(/K
__?$&'[C?@$‘C+%@V$/8&'M&C+{%@,'(90+A+7)'C =&'B&C+j'C%=@+ b?${E&*%+=?$)C+$pC+$&U+)C?@
L5>+$?=&C+&[3&R+$&C+)U+_?+=&>Z(+H+,C+?T[.)U+A*)8?D+9C+b&.A.)8=)(+b?$+o9(+W%=%D
_PaB?@+?,kC+;=%T*)8=&n+;$&+ƒY+1?,kC+J&0)k+.=+Aƒ8
_?$&­?@+®.=&(+1`,k8?@+h=&3+AaB%+=&C+I/K
_ ;&'0&*+h=&'3 1f%T'[8+?$&'a.&FC+ J9^+&ac.$Z>+I?$?@,0Z>+AaB?@+&*)k*?@ZC
A0H=&'C &'.Aa+.V$&U+;}5'n )a'i5M+ ;$/ai.&K+Aa+.$V+;&ƒ>&C+x*?=@+&0+;?$&U+=&C&7
=&''B&C+&a''c./+5>+:A'''7%T[8+A'^H@+9'C ?$&'a.=&kC+`$&'.AC+4+5'B&0+hm&'C __;$%@&'*=&C
&'''‚$&0+;T''5U+:d.D=&''7 2&''M 1h$/''C d''O/*+%@ h9''^ ;pC&''7 _Z''C f%D+%@;&''0&.Aa+.$V
hV+=%/'R =&'M&C+%@&'7&~+h&'7 ˆˆu%/()'* $&0?=&K+h&*XX+Ih=&C$&8&7+;&0&cO+;?$&*$/Y
$=&'''C W%=%D+IA'(/K+=)'Y %$@+_?$&'*%@=&C+A8$)*&'M 1¯=&'Y $?$&'.%@+A'k*?@+b&'.)O)O+%@
f@&''7 q>&''0 ;?$&''U 9''C )Y$&''U :;/.&'''K&*+J9'^ ;@/'^ 9'C hm&'C ?/5.&'K 9'( ;?/'58
_P.pK&39K+9C+?$&[.?TC)C+&ac.$Z>+ZC+E)5*/8=&*+%@AO?+=
N h&0&()'''''Bp8+%$&'''''U @,0Z'''''> da''''''B&M+:$/C?$?D=&''''C &''''0&[5*&F+5>+?$&*)''''c.@
$%@;$?D+=&''''B&C+$&''''0 :h$/'''''C A'''k*?@+Z'''C A''']O/*+q'''> )Y$&'''U __?$&'''(?$$/C)5Y
_h%+=&K+h9^+;&O?=)U=&B
$?$&''].=&K?@+;pK&''39K+9''C ;T'''5U+1ET*).&'K%+=Z>+dF+5a'3$/8&M+WE%=)'. :)a'c5U
j'*%}C+:E@,'0 h,+5'n ,(%$@+__d+ƒ+5M?@+E)a+5Y&C+%$&U+Z+7&C+_E@,0+%,F3)U++N+dF+5a3+$/8&M
_&.&*+?/+57+AO&a8+A(&50?=&K+L+50+1?qk*?@ZC+$,(+E)\*&>+ž&0+$/8&M&7+Z0
hV&'7=&M+d'i^&…CZ>+E)'a5R+$&'.&M+hV&'7 d5ƒCZ>+E)a5R+W&[.=?@%,C+:h&0&^%@+;)U
AF+.$)5>+&8$/C++¦+ƒC+9(+Wsh&0&*+?$&[53+&C+PB?@+?$)ac+5U&7+=&M+AR9C+&(%$&0+_&.&M
_b$$,R+$@G+=
;=)R)*+&F*/R+SJ,K+;%@+?=%G&>+1h&^+E$/C@,0&*+$%$&(+;&*)cO+$&U+%=%D+)ai+5M
$&'7 __)'FC+A.%$&'* f@+A'*%/(+;&'* L5'B&0+ $%@+f&M++N+A*).,K+Ak*)C+__$/C+$?+=/R90
1@,''''0 f&''M A*)0?T.,8&''7 Aa''i>+Z*&''(&C+o%=%D+1J)''M%@+$&''3 A.)''F.=)( ?$&''i.V
_$/C%$)U+%@$&3&F.=)(&7
 !"#'%&'()*+,- !«‹

!"#$%&'()$*+,-.,/
01234$5+16

&'()*+,(-*..&"/0*123*4(56*7$89:*;001(<*9-*7()23*!8(=/>?*@-*;(<$8*2A*B%*C8$)66
(=(5*/>*B8*7$8$520*!<()(=$%*.0A-/>D*BE*F*=G(H*()*0A-*I20(H*+$J$%6*+$K)*4(5*100G*021(-
;('(J*C-*!"/1023*/3*7$)$BL*;(M80AH*1(<(-*N*B<()*.OC"(MP*BEC"/AQK-*RC-(M80AH*1(<(H
SS.$)23*7$=G*;9"$T*0(J,21(-*0A'(5(-*;('(J*U3*7$=G*!M*B8$<(J1('*0A'(5(-

VT2312W
+()(=*!T(-*X*Y<0A"*020(">?*=A:
 !«! ./0'123'456+*67

! #.23!,#
L'5>+;?$&'U 9'C __?$?/'C@,0+;V+$&'3 ?/'5*+ &0&K=$$@+A.%D=&C ?@,F.$$+=+%=%D+&0
$&'U A'3$/(+`$&'7 &'F*/R+S`+=&'($&0+%,+5'^ &F.@+AF+.=)*&0+&()kC+E).&C+A+7/K+$@=&K
_E$/C%pK%=+E)0?=)5a^&C+&K=$$@+;?$&[aB%/K+=%/…+.=+9C+&0+$/C?@+&*).+Aa3&0
$)''''5R+$&''U A*&''|@+:Z*&''(&C+1A''7%T[8+An)''( ;$?+=+/''R90+;=?$?p''C &''($&0+%=%D
)Y$&''U :%+=&''K?@+f&''M E)''55>+%@;9''^ A*).G&''7 &'''0 E@=$/'C%=+%@f).&'^&C+;&'*)F+7H@,K
IA(/K
1h$/()'''M%=+%@+E)'''0)5R+A*%+=&'''K f&'''M Z'''> 1P'''3&K&C&0+h&'''B&0$&U+=&''''M j''8XX
d'5R+_h,'kC+%T'5(+ ;?,O9U+u%/()*+1&5*+P3?@Z>+&7+d–.&0+1h&*)F($/7+$&U+;?@=?$=&>
A''( ?$V$&''C E$/Cm)'''C /R90&'7 E)'0?$%@$$+=+%@+j'8 ;=?$)C&'7 `°'C Z'> d'5R+1`+=&'a5C
:?/5€'B&R+d+7@&'7&0+ d[5C?@+E).?$&U+)5*&(+h$)R=&C+&a+.@+%@&*)\5Y+h&7+;?$&U+__E+=&>)*
&'.)U+_w+E)'0?$%@$$+=+A*%$+=?$)'R ?$&'a^&C+A*)0&.A'B,(&8+&'7&0+ ;+=&>Z(+&*)8?D+$&U
sZCAO&R&*+d+7@&7+=&C+$&8&7&0+d[5M?@+PB?@&C+4+5a3+%@?=)KGH=+h&7
__&'8?$&*$/C+ +?=)C$$@9^+$?$&*%+=&K+:ZC%@+h=&B&C+AF+5*%+=9K+=&M+?$V$&C+)ac+5U&7
hm&''C __?$—''K ?$&''*)8?D+;+=9K/+7)''U 1E)0&a'''3 &'7 ;$%$&'(&C&0+&'8&(%D+$&'U ;?=)'C$$@
;9'''''C )'''''k.=+j.qa^&'''''B h?@=&''''''C&7+$&''''F($/7+j''''.%$@+=&''''B&7+%@+h=D)''''~ A7)~&''''7
_d+5*?@+4+5(+h9^+90+j.qB=/O+1j.q39^)*+9C+o)ac+5U+__?$&(&8$)aB?$
;p'C 9'(XX+I)'0?@=%$)M+&'0 %T'CV+&()&'B $&'7 ;9'^ ?=$$@+=HD+j8+b?$+AF+50&.+9C
Z'( %@&'.)k+.=+h&'C 9(+__jR?@+%@+b&.&C+%@/+5i*&7+L5*)0&F($/7+$=&C+&(9(,K+P.D)*)3
&'8&U+__+“e+.$)'M?@+Z'( A'(9^+$&.A'B,(&8+ j.%$@+&0+&($/a.@+L.=&C+$?$&7+1;+=&>?@
_Z[+5(?+=?@+9C+A(9^+$&.)K)*&>+j.%$@+?$9(+;V&C+$&()M&*/()M+;)k+.=
A''ƒ5M+J9'^9C+=&'M&0+ZCD=&'C J?=$++A'3?@+A'C?@+J?=+%@;T*&89F'3 ;)k+.=&'C 9'(
L5''B&0+1;=$/'C?@%+=+Z*&'(&C+%@;D)*)'3 ;)k+.=&'C 9'( __;+°'C J9'^ ;V+9'C ?$&'*%+=&K
?$&[.+,'''B E)5(&''''*%$)k*&M+$&''U ;=%$&[+./''3 P*)0&''.Z>+:%@)''* J9a''B&>&+7)>+?$%$@&''7
;&'''''3$+A+ƒO&'''3 ?$&'''0)k+.=+;9'''B)U&C+1E$/C=)'''.@+?$&'''(%$@+A*)0&'''Fy+.+=+=&'''B&C&0
E$/''R=?@+?$&''a5>+,+.G&''7 E)0?e.&''> $&''ƒ>+Z''()0+=&'''M J$&'0=?@+ˆ¢5±a'c8+{?@,0&'*X
 !"#'%&'()*+,- !«”
$?$&''a.?TC9M %@;@$&''U ;=)C&''C 1;+=&''kC+f&''M )'''(9^+;=&'B&O$&(+&'C A'C?@+$&'5*=)R
?$/'C j.p'3 ?$&'(V&C+;?$&'U )Y$&'U ?$&a+5'iFC+f&'M =$$G$?=&C+$)(9^+A+7@&C+Z[CZ>
_?$&()0?@+P0)R+1E)5K+A39*+&a+5C?@
Z*&''.)^)*+?T*?$&''U Z''C@,0+&'''K=)C+A'i390+1Z'C)˜?+=+;9^&'7 @)'.D+;&'B&0+$&'U
$,+5'^ _)0?@+z(&C+PB%/^+$?=$+&0+ZC&i390+$&7+A.)CDHp>+:ZC?@+E%}+5M%@+A3$/(
o?$)''C &'.)8&(&C+;&'B&0$&U+__ZC=?@p'3 1L^&'C j./k*&'M&0+&'5*+%@&'.$?D+$&'7 ,5'C
_Z''C ;9'''^ A'(%D+;=$/['B ;/.@$&'U `,5kC$)'R 1Z[+5\'C%=+;9^)'C )'FC+%@=HD+Aa'3&C
?$)'M?$)U+A'79(+1T*/(&'C &a'c.$Z>+__Z'*}C+f&'M %@&'F($/7&C+Z'C AaB&C&8+ZB&0=&M
&''''*$&0?@+?$?D@+1o$/8/ƒ8&''''C ;&*)'''''B&0+?=9'''Y $&'''U &'''F*/R+S?$&a+5a'''B&…C++=/'''K
o9''''^ $&+7&0$/'''B ;=?$)'''C$pC+=).@&'''C &'''.?T*?$&U+=&'''M E)5(m&'''B?@+z[F'''i>f&M
_vc+./C+f&M+?$&aB?@
%@+E)0&'*)\*&>+&a'3 /5*&'C 1AB)[C+E)0&k+7&C+A0)>=&B+`$&(?@&0+W%=%D+;&U+o9(
,'''(=$$G+$?=&'''C 1A''''R=?@+A''57+$?$&''a557/‰+%@+J9''^ A''(%D+=&''B&C+Z''C?@+;=$/''C%=
&''kŽ+5C+{9''B)U&C+9''B)U+&'''0 A'*%$+=?@+%@+J9'^ A*)0?,+5a'B&U+=&'B&C+)'B$&U+:?$&'a5…C
_?$&[C?@+&FyK+&*%,+5aB&U+$&U+{J9^+;&0?T[+ƒC+9B)U&7
&''8=9*?@+%@+E)0&'^)*+&'C 1da'B?$?@%+=+A'57+&'0 &.%@&[+./'3 $&'7 j'8 ;&'F($/7+Z+7&'C
%$@+$&'''U o?$&'''U __d''''[5C?@+%T''5(+?$&5*)0?,+5a''B&U&C+A''89^+A''(%D+)Y$&''U __`=%/''^
_;&0&F($/7+&8&kC+h)8&(&C&0+&.&.;T[+ƒC
&'7@+$)'i0+f&'M %@&'0&.A.%D=&C+=&'B&C+ $D%+=+&($&0+%@;9^+f&K&7+%=%D+&k*?+=+h&C+)U
_?$&.%@?@+$)B)>+E)0?e5($T*/(+?$?+,.&>&C+;&0?=%T[.,C
:?$&'''''.;$?=+$)'''''i0+%@$)R=&''''''C&7+;)''''.=?@+&''''0&.A*%T[+ƒC+A''''F>H,(+&a''''i.&K&0
__$/''''C h/''''O/*+%@A.&>,''''B ZC&''''7 =HD+A0&''''.?$)8+9'''''C $)a'''B?$%=+•?=+?$&*%G&+ƒ'''3&C
?$&''''''3&F+79>&(+$&''''U =&''''B&C+:?$&''''*%/.,Y?@+?$&''''*)Œ)U+AO)(&''''C L5*)0?,+5a''''B&U
_$/C@,0+A+7&M+@=)B+A0&.)C?}0
:J$&'''0=?@+h9'''C %$&''''U $/C%,''B/*+?=)R&''7 d''5RXX+I@,''0 ;=%$)''M ?$&''.A0)[8&^&C
_he+.$)M?@+Z(+A89^+$&.;pK&39K+j.%$@+o&8&U+:?$?=&C&]+.@+&*)B,(&*+h)(?$&U
 !«  ./0'123'456+*67
9'''( W=$$@+$%=$$@+;D&'''~)*+;&'''U :%@+d+5>=&'''C&7+$‘C&'''C=&C+14.=)''''( ;)''.=?@+;&''U
_;=?@&O+;=—>+1ž$/*?=)R+9(+__A(&[.&8+,>+;=)K$&3
Aa''3&K+j''.,(=$$@+A[+5F''3&R=+$=&'''C&(?$/(,K+d'89^+;/'50+j.,(+V)'C ;)'k.=+j'8
A8&Y=&''B&7+E,'''(=$$@+E)5*)0&'^)*&0+?$&'*)k+7)R+$&'U &'8D&C%@+Z'3?@+&'(%$&0+:d'89^
_h$/($&0+E).=&B?$+)ac+5U)(+;&*)F($/7$&U
:h$/C&*$/a''i5*+%@+E)'55(+L+5>$&'8&7+&'0 d'yC=?@+&'*)^)*+$&'U 9'C ?$?=%G&'>&7+Z'C?@
&''''8&U+:z*)a''''cF.=)(+ZC&''''C E)0&'''''8&^+%@`$&'''7&0+A'''.m$/O+?=&'''M &'''8&K?@+)Y$&'''U
_h?TC+`+,n+Z(+A89^ d3?@)8)U+$&89^+AB$/*?=)R
J$&''0=?@+h9'''C A'.%$@+__sZ'C ?/+./0&'7 E)'0?/+50+;)'k*)0+Z'C?@+IA'B,>+h?@+E%=)'Y
?/+.$&C+L5*)0)5R+:j+.,0?@+;@&C+?$).=?@&7+E)0?+=@$)U+&F($/7+1E)0?@=&C+&3)(+E9R
)'M?=+?$&'.A8}*+&'.)>&7+&'F*/R+)'K?@+;9'^ A5Y&'C &.9C+L.D=&C&.)>+_?$&(&*$/C+[O
_ˆ?$/C
L5*%T*&…+79M&'''B ;$m&'M $?+,'K :$/C?$&'0)5R+A'F>H,(+=&'B&C+%=%D+&'0 %@&'7&~$&7
)a'B?$%=+%@+E)'0?D?$?+=+/+5*&'7 )Y$&'U :=)*&'0 &ai.&K&*+hm&C+WJ/K+;%$)U+{%@?@+N$/7
:?$&'^&7+$&'3 )'.=?@+E)'c.@XX+IA'(/K+ $)aB&M+A+7/0+)B$&U+S$/C+J&0&3+;$%$&(&C)(
__%@+h=&'B&C+`@+;&'B)*&M?$m&M+1`+,'C?@ A'( d5*)0?/+7%$&^+?$)R+?$?,.&B+;)k5*&C
h?@&''C &''.N d''./K+_A(&''5ƒ($)>&(+%@+E&''O?+=+;&''k7)>+&''7 1A(&''5*)0&*$&^+;$/''C d''O/*
;?$&''*@,0+=%T'''5C+&'.&+7)*$&0,*+$&'U ?$&'i.&*%$&7+__Z'[57)*?@+?$&()'B&K=&8+;=?$?p'C
_%@$/()M%@+A*)8?D&7+ZC+A8$$@&C
;&.)'B&7+__h&'0?@+%@+b&'(&7+J$?@+%@A0)[8&'^&7+WE)a'c0=)(+ 1j.=&C+;%@$&8+;&U
;&''yC&7&0+h$/''C?@+P''B?@&C+?T'''[5M+&'KD9^+__h9'^ A'cn&*+A[+5a'B&+79(+&'8$/C+?$9'(
_ˆˆW;@,0?@+h=)KD=+$T*)c>?@+da*)0&*$&^
;?@+?$&'.9^+=&'C&7+$)a'B&M+ AO=+:J)M+;9^+A(%D&C+;&a+7)K+)O)O+1J)M)K)U&C+%=%D
;&'''B,>+&'''a.$&FC+?$&'''*%$V+$?G$V&'''C Z'''C J=/'''^ ?T'''[5M+j''''8 A''(%D+Z''C?@+IA''B,>
__Ws?$&a'B?@&C+%T'C ;9^+1ZC+h%$?@=&C+%@&.A[+5Ÿ3)U+h&U+;m&*)5K&7+E).+__sE)0).=?@
IA(/K+)Y$&U
 !"#'%&'()*+,- !«¡
E)0A'''B,(&8++,'> ?=)'0 ;&^&.$&a'B?@&0+?/5'B)*+h9'( %@+4+5*)'8?D+$/8&'M&7+W%=%DXX
;&'0/a^+P*)'.G+ A.%e+.=@&C+&0+&8/5*%D+__;?@?@+`+,nZ(+E)5(9^+E%T+5>`/KZC+1AC?@
&'''''0 J)'''M?@+?$&'''C P5'''398%=&n+WWA'''*?G?@+?$&'''*)5+5(+1;?@?@+E)'''0?T*+=@+?=?$&'''*)Y
9'C ?$&0$/*+,R+&8=&*&C+;T5U+1A[+.G$$=/C+J9^++=&8&7+Aac.$&39^+E%$&U+;$m&M&C
_E&FC+Pi+50+E).9^+;V
&'''7 $/''C d''O/*+A0&''.%,C)0+&''a.°C$)R+ˆAa''c.$&39^X+&''0 &''.%@?$&7+A''B,(&8++,''>
%$&''U ZC%+=&'''K%+,+5(+A'K?T[.D+;?$,'B 45a'3 AR=&'M 4.=&'( $=)*&'0=&C+__%@;D%/^&'0)(
)50&(&71Aa''''c.$&39^+;&'''''*%/+.@+&'''(&8$/C+A*)'''B)U&C+E9'''R ;)'''U __`$?@+A'''39^
ˆˆWh&0?@=)3)C
?$&'[()M+;&*)a'BH@+$&'U _E@,'0 9^&'C &'a7)K+&'C ?$?@,0+AaB?@+1J/K+;%$)U+%=%D
$&''U ?$&''8&U+A*)0?pC`=&''C J?=)C&''B&0 %=&''K f).&'''^&7+;%$+__v'i5M+A+5Y&'C&0+@)'.
$/'C ;&'0&[5*&F+5>+:$/C&a'3&K=&C+;9^&'7 &'.9C+:j'R?@+4'5(+1j'C?@+ ©%,^+;&*)aBH@
&a+.$)U+%T+5(+E).$$D?=)U+1d3&^+;&*%,+./B+1f)(+&Fc+58,n+$&U+A[a3=+f&M+1E).,K&C
_$/C?@

! 4)"#$1!56/$7
! 898
$&'.%@+E)./+5*&'7 %=%D+%$&U+;T0&.&C %@+E)5+7%$&M+&0&.+Aa3&0+/+5*+A*)0&*%$).=?@&0
&''(9()M+?$&''*)0?=)5a^&C+&''K=$$@&7+%@%=%D+f&''K&7+&'''0 E$$T*).&'K%+=+A'5>+L50&'.%,C)0
?$%=%D+A'*$/C+;9M&'C &'0 E$/'C E%$+=?$)'R __j'(,K+;%@+?=%G&'> b&'.?@%=)(+ ;T5U+:E).V
AO&''a8+%@&.Aa''3&0$&7+GH=+$$@+;?$)'''8 9'C o%=%D+hm&'C __%T'C$$+=+4+5a'3 %@+E)./+5*&'7
AF+.T*?$&'U _?$&'*%@?@&*++N+;+=$)'U AR&'0 ;,C?@Z'( E)'.$)R+E%$&'U ?T*&R=&M+W@,0&*
;&''B)C+$&'''cO+$&'U 9'C @,'0 ¢'3 A'./K+,'(%$@+_$/'C?@+J)'8$+,0+&'.%@,FC++N+E).=)5'B,>
E)5.T*?/.&'''> &'0 @,'0?@+A0)['B,(+A+7%$&'M A*%$+=?$)'R __?$&'(?$/C$‘C+h&'U ;?=)'C=?@
%=%D+__Z''*?@+¢''8 =$$@+9'''C $?$/()'M ?$?=$$@&'7 $&0&.Aa'3&0 :&'.&M+?$&.Aa'3&0+h&'C
;%$@+$?+=+1P3&K+A5B,(&8+&.%@&*+A+./K+__?$?@,0?@&*+²)*9O+?=$$@+A*%$=)0&7+A+ƒB
 !«" ./0'123'456+*67
&''i50+,>+;&''U IA''(/K+$?$&''.%,0+A*)''8D+$%+,''yC++2&''M A'''8?@+?,'n A'F5*@,0+¢'3 `/'K
?=%@&'''0H=)R+&.Aa'''3&0+h&'''C E)'''(9^+E)(?$&''U __E&''M 45''B&0=&M)B+WE)0?T*&''K%+=&>
_%@?@+•%D$+{?$&*)0?=)M+&79>&3+=&B&C&0+?$$@=)€B+?=&k8&aB
14.=)'( A'ƒ5M+/+5*&'C E)(?$&U+__&8?/+5U+f&K&7+W+E)0&.A[+5\*+&C%=&3+A*)aB&8+;&U
A'ƒ.$+__E&'0?@+ $?+=+b&.)*+$/8&M+A*?/53+?D%$)U+$?=&C+__E&0?@+L+50+E)(9^+%@+E$$+=
E)aa''B?@+?$&''*&0?@+£''B __%@=)''.@)*+$=)''.@+;=&'''B$%=&B+h&'7 ED%$)'U &'3H,^+E)8&'M
Z>+E)(&*&.V+$&U+__E$/C+bHD=&7+?$&*)0&(&>+&*)i5*+=&B&C+AR&0+j(/FC+E)(&0)k+.=&7
E)'50=?@+?$&[5[F'i>+1A8)˜?=&'C ;&'k.=&7+b?$&'* ?$&'*D9ŸC+ PB&M&C+E)0&a3+&3)C
?/'''5U+;$$= $?=&'''C h=)'''(/K%$@+?$&'''7).&^+1E$&'''^ 1A*)\'''*&>+$/8&'''M&C+_E&'''FC+Z''>
A''''8/O/*+q'''''> ž&'''0 $/8&'''M&7&0 ?$&'''(?$/C+E)'''($$=+$?=&'''C b&'''.%,C)0+:?$&'''8&0?@
_&.;pK&39K
h9'''^ ?$&'''*D9(+;$)''''R/8?@+$=)C&''C ;/+57&''C %@;$)R&a''B/k*&U+1;+,''R ;=&''>$&7
1E$/'''a.@+h=HD+;=9'''^ L.=&'''C $?$&''''7 __d.+=&''>Z(+%T''55>+$?$&*)a''cF.=)(+&''.%@`+,n
WE$/C%$)U+%@/.@&*&C
f&'''M A'''( %@+E)0&'''.A.%D=&C+;T*&'''7$T*&0&C+@,'''0 ;@&''''C d0&''.)k+.=+%@+d8?@=&''C&7
__%@+h9^&'C u)0&'($+E)'C &'.)*+d'5>+ &*—8+?=HD+:E&($$+= 1o$/(+$/C+b&.)k+.=+__)i0?@
%@&'U d7$&'M __da'i.H=+ &>,R+ZC&C+W%e>?@+%@+d+5>+,+.G&7+&0+$/C+Em?$&R+;?+,^+&7+d+./K
j'8 _d'.}+.,(+f&'M %@Z>V&'7 b?$&'* Sh,'K E)'.%=+E%}'^?@+?$&']5>+ ,+.G&7+;&*%@=&C+$&U&0
h%@+E)0&'.A.m$/O+$?=&'C d'[8G$@+;&'0&*)5K+&'B=/O+%$&'U d'a.@+ AR&0+h)i0+f&M+%T+5>
&''''[K,K+A[''3&R&C+&''*)5K+&''B=/O+$&''U AR&''0 ?$&8)''iF+7&M+%T''5>+E)''c.@+_Z''i50?@
d'3/O+=/O+;&'cO+Id'a.@+ __h%@+;&O/+ƒC)U+E)0&[5i*+£K+,+.G+?,+./0&Fi8+1E)0&.A8?@)U
I/K?@+A+5>+?$&a+7)K&C+9^+=&B&7+)M?$=&M+__?$&]+./K+14i+58+&a+5[+.G+=?@+)B)U
__s?$%@+f&''M J9'^ A'*%T[+ƒC+9'C 1;?T'C N A.)'*%@+A'nV+;?@=&'C $&'U 9'( ?$&'U W%=%D
Ws;9^+;)k+5Y+9C+?$&a+5C%+=&K&*+&0=$G+$?=&C+;@=&C+h)0+ZC?@+hm&C
9'C J9'^ ;&'FC+•&'7 E)0?,+5a'B&U&C+Z'Y ;?$&'U 9'C __)*%@+Ak*&B+;&U+W%=%D+`=&U
AF+.@=&'C $/8&'M b?$+_A(9^=&'M $%=T'.,n+$=?T'.,n+ %+,F+.$+)ac+5U+;?@?@+`+,n+A*%T[+ƒC
o&'''8&U+__?$%@+P*%=)''C @=&''C A*)8=&''n 9''( __`=%/''^ &''a.$&0?@+$%=T''.,n+=$$G+$?=&''C
 !"#'%&'()*+,- !«Š
?$%@+P+7&''M =$$G+$?=&''C ;?@=&'''C $&'U SZ>&'B?@+%@+J9'^ =&'B&C+$&0&.;=)'B &k*&'B
_%@+J9^+=&B&C+?$&a+.$&0?@
1P''5C+&''F*/R+_@,''0 ž&''n&*+&''k*&(+A''i5[8+$/''C x*?@Z''C ?T'''[5M+&'.&[K,K+$&'U
WAC&*+%T0&(&7+PB&0+;?$&7+;&0?@+A.)5*&(&C+PB&M+q>++AC+J)8$+,0+J&F+.+=$)M
_?$&8)'i0+f&'M ;9'C E)'c.@+?$&'(=&>+;pC&'C 1 %T+7).&^+1E$&^&7+A*%@=&K=&B&C
?=&C$?=&'''BZC+A*$&'''^&C+;?=%@?@=?@+$&'''U b?$+@,'''0 h9'''^ A[5'''3/K+f@&''C da''B&M
&''C &''0 h?}+5''M $&''U ;=%T[+5+7&'''C j'8 _)'FC+A*)0?=%D)U&'C P'B&M+%@;=%T+5C&'7)(+`@)K)U&'C
h$$+= AF+5*%}+5'M%@+1A.&'7?@$/C+ AR=&M+&.?}+5M+$&U+o&8&U+__h&C?@+;$)*+ˆA(&.%D)UXX
$&''C =&''M S&''5*+z(&''C ’H,'''8 ;=%D)'U ;?T'[5M 4.=%D)'U '5M+%@&'*$$@=&K+h&'7&0
_`,K?@+;9^+A($?=+?$&*%$=)0+;D%$)U+;%$@&C+?$&i+5U
;}+5''K $?$&''[C&a+5*%$+=?@+%@+E)0&''.A.+V/O&C+’H,''8 Z'''()0+&'3)C+?$&'U 9'C A(&'.%D)U
&'.?$&*@=%/^+e'5K+$&'U A(&'O?=?@+ 1`$&0?@+).,n+A(&.%D)U+)Y$&U+__ZC?@+;=&B+=%/B
$)''R Z''C?@+L.$&''U :&''.%@+,+.G&''7 ;9'''^ ;&'O?DH@+’H,'8 AF+5a'c.$f&M+$/8&'M _`@
_Z*%}C+%T+5(+A*).9^+;&0&ac+./+7&M+;=)O)U+1Z[5…C+&*mHT*?D+1f)R+$&U+1`+,+5kC
457)''R ''5M+__`G/''0?@+o?$&''[()M%T+5>+A.?D&''C 1&.?T[''3/0+j.q'''3)C+A(&'.%D)U
%@+E)'0?=%D)U+A^)*&'C ’H,'8 ;)'k5*+&'F*/R+:&'5*+f$/'O ?$&[()M+%T+5>+A.?D&C+;?T[+5M
:Z'[5M?@+o,+5'M A(&.%D)U+&0+%@&()B+$&7+_ZR?@=?@+?$&*).G+A^)*+;=&B$&7)(+%$+=?@
A*$$=?@&''7 &'F*/R+S`G/'0?@+9'C P'i5*@,8+J&'*)*&( 1&'0)R+;G/'FC+&'.A(&.%D)U+$&'U
IZ+7?@{%@;9^
ˆˆ?$&]+.+=&K?@+;9C+o&F.@+AF+.=)Y+&(%$&0+__sE).G+$/C+&8&U)U+W?,.&B&0+;)UXX
J%D+9'C =&'[7)>+AF+.}+5'M &'a5C?@+&'*%$=)0+ ;D%$)U+A[5(&C+;?G$V+%@?+=?$)C+?=9Y+h&7
`/''K 1Za''c5…C)C+E$%$+=++N+A[a''c5C+A''./K+&'''($/Y+Z'0 )Y$&'U _A(&'.%@=&C&*+1E@,'0
_`,kC
”
%T'5(+ E)8&F.@+;$&U$?$&a+5[+5­+E)]F+50&.+=&M+&ac.$Z>+I/K+$?$&(,K%=+h&[K,K
1;&'0)*Z>+A'0=?@+9'( $&+7$/O+?,n+d[.,FnZ(+$pC+&F*/R+Sh,(}+5M&C+d39^+=&M+_ZyC
 !«« ./0'123'456+*67
;9''^ u)'''3 =&'B&7+&'0&[K,K+1J/'K h?T*?$&'U =&'M __;&'C)*+j'8 ;)'*%/(+$}+5M&'C ;&'>
__)'($/(+f&'M h=&…*%=&C+AF+.@=&C+=&B&7+&[K,K+E)c.@+:$/C+b$/B+d+790+;T5U+$%@`+,n
h&''F.=$)M&C+:?$&''5a5….DH@+`$&''7 J$&''F.=&C+b?$+:b&''.?=?@+&'''(?$$@,0+;$$+=+D&'8/(
IJ/K
Z'> )'k.=$$@+;=&'c8&Y+?$?,+5'7 :&.&M+A8?@=&C+$$@+:?TC+&.)K=?@+$&U+A˜=&BXX
1Z'i50?@%@+&'.;@&C&U+$?=&'C E)5F+50&'. :E).+=&'> $&'U &(?$/a'i.&K&*+ L5B&0+$)0?@
$&''U __%$+=?@+1Z''i0?@+f&''M ;@+A0&'''.;@&C&U+$?=&'C E)5'3&0+;$&'U :?$&'a5C?@+e'.=@
:E&'''0?@+Z'''> P''''B?@+?$&''.)K=?@+h&''7 &''(%$+:j''.D%,(?@+?$?,+5''7,C+;T0&''. &''.)k+.=$$@
I`=&''U I/''K )Y$&''U ˆˆ³)''RXX+?$%,'''B$/*+?$?D%$=?@+b&'. A'*%=?@+=&'B&C+A'3&0?$)*
Z'''C?@)5[+7@+=&''''C&a+.,kC+&''.&k+.+=$$@+h&''7 Z0&''. 45''B&0+;%@?+=?$)C$&''7 9''( W&''0&[K,K
s?D%$+%@/Y+;T0&.&7+E).&0&.=&M+;ˆˆ?)´XX+E).=&C&0
o&'[5O+&a'B%=+:&'.&*DH=@+4'5ƒ5M+&a'B%=+$/8&'M A*).=&'C IA(/K+?$&0&.A0$/B&C
_A.&*D)C+AF+5+ƒ+5M&7+&.Aa.,C+=&B+$%=&B+h&U+&*)8?D+;@/^+&F*/R+S&.?$%+=&K+f&M
)'*?@+S&'*%D&8+b$/'B&CX+?T'[5M+&0&'i5U+9'( WE)5K&'B=/O+ ;&U+IJ/K+d+5>+%@+hm?$&7
9'C h9'( j'8 ZR&'* Pi.pC&7+_`$&0?@+P0&>+)O+ZC&C+J9^9C+ˆ?,+57+1d+ƒ+5M?@+P+5Y&C
__j'''.%T+5(+;&'']5U+&''0 ?$?=&''FC+?ˆˆ³)''RXX+h&''7 p''C )a''c5U+_?$&'']790&C+J,''K A''*%T[+ƒC
?$%$@+9'''C $&'''.)*+A.)'''(90+1Z'''i0?@+;@&''''C&U+A0&''.&Fy+.=+?$&''^)R+h&''U ;)K=?@&''7
W&kC+Z(+J9^ 9C+_%,C)0+9M+;T5U+__&.;@&C&U+=&M+E)¨?$%$@+&(%$&0+__?$&a+.+=&K?@
$&''U %@$$@=$/C%+=&''7 v''i.H=+;%D?=)''3 AF+5a''3 $/8&''M $/C&''* P'''c.$++¦'> ;@&'U
Ws&.)C+;+,C+;&.&k+.=
%@$$,'''C%+=+&''''7 ZC$/C&''M A[a''i.&K+Z''> ;)''*%/(+Za''3=&M+$/C&''* P''c./+5>+;@&''U
Ws&.)C@,0+$%$&(+;9^+;=%D/K%+=
J=?$)'C ˆ³)'RX ;?=)C=?@+;&U+ZC$/C&M+L+5>?$&7+)ac+5U+A0&.$/C&M+$/8&M+=&K&U
_s?$/C&*+A[5i+5>+;ˆE$/C&MXX+&.)K=?@+h&U+&.%/K+;&U+__s&*9R
;$/C&'''M o&''*)8?D+1³)''R h&''U :%@+b&''.&C+j''R?@+$/8&''M E)0&a''3 IA[5C)''* ;&''U
s)0?@+L+50+E)c.@+A39^+Acn&*+/F+7&C+__)0?@+L+50+%@;9^+;%$@&C+L.V$&8&7
 !"#'%&'()*+,- !«#
?{v''i.H={;}+5''M E?$)''^ ;&a''3$&U+)''0)*+P'''c./+5>+;@&'U Z'C%$)U+&0&7&'B&8&0
sZ[+5O&aC+Z(+?$?=&B+;V+9C+$?=%D/K%+=+h&U+&()FC$$=+$%TC+E)0&(+o&F.@+AF+.=)Y
{%@$&'''3&k*)8+;&''–.,(+,+.G&''7 9''^ =&''B&7&0+?T''C &''.&09+7)Ž+7)Y+$&''U AF+5˜=&''B
h&''U j0&''7&0+?T''C J9''^ A''(%D+1j''8 A''(%D+1x*)''8 ;@/''^ A˜=&'''B __?$&'a57$/Y?@
;@&'U Wz[+5€R?@! %@;T0&.+A+./K&C+;@&C&U+A*)0&.A[5\*+1?$&(&[.$/C90+?$&.)K=?@
szC$/C+$)aB?$%+=+E)]aiK+%@&[+./3+h&7+=&C+$&8&7+$/C?@+I;&0)*+=?$)C
j'.,kC+&'F.@+;)'k.=+$&'U :j'.?TC+E)0&'( ?=)C$$@+$?$&[5+.+=&kC+&5*+E)8=&B&7+;@&U
&''.)(&M )(&'M )'0)*+P'c.$Z>+;@&'U __Z'i0?@+f&'MZ(+%,+5'^ $$@$=)'8 ?$&*)]'i5>&7&0
s?$&[5…C+?=)C$$@
;?$%=)'3 ;/.@$&'U $p'C __?$?$/'C?@+h}'* d'i5k*?@+J)'M?@+)'( $@,'0?@+ h&cO+%$)U
_Pc5C+dF+5K&B+;=$/7/>&~+?$&*)]F.}*+&7++,>/(/0+_u).$/CT*)B,(+u)0?pC
A*)0&''.;=?$?pC&C+SZ…a''c5C+L''5>+$&''8&7+h&''[.+=?$+?=9Y$&''U &''0 J)'''M %@+d+7@&'C
j.,(=$$@+;=)K@).&0+__d+./K=&C+?$&ac^+;?=$/7/>&~+$&U+__?$&8%+=&K+%@+h$$@=$/C%=
P'B%=+A0$/(&'0 $)R=&'C ?$&'a5[+5M?@+h&K&'B$&U+$&'F.=)K@).+ __$/C+d5+7%T[8+;=)KGH=
L5*)0&K&'''B %$&'U _@,'0?@+e'.=@+A'ƒ8+?$&'[.D=&7&C+%@+J)8/'i0+;=)K$&'3&7+$?$9'C?@
_jR?@+1j+.@+E).9^+9C+%@&*)\5Y+h&7+E)0&.A.)8=)(+&0+J$&0=?@+E).9C
j'.=?$+L'5>+4'.D9(+&'0 h@)'. ?$&'()M+_T'*m$/Y+A]5.?D&'C $D9B+&0&K&B+;?=$/7
;%$$@=&'M __)'*?/+5>+;=&'B &'>,R+ ZC&C+1¯=&8+A[3&R&C+x*)8+?$&0&+7)8/.@$&7+?D)(
A''*%=?$%@+$/C=&'CZ(+,K+A'F5>9(+b?$+__J,'K A8%=)'U ?$&'0&*)C+=&'B&C+&'k*)8$&U+Z8&'0
L57&K&''B ?=)'''.@+:@,0p'K d'3&^+;&0&K&'B &'*&|@+h&'U __$/'C ;$)˜/K&'* AF+5a'3
_&.&M+A.)8=)(+$D@&C+;+=?$)C
N h?$&''[()M+%T''5>+A.?D&''C ?$&*)'''c.@+P'c5C+h?+=?$+¯&'B h&'U h?$$@+;=)'Y 9C&'0
_?$&‚,K+;%@+A0)R&C+;T5U+$/^&C$/C
N E)'''5R+E$/C%$)'U `/'0 9'C %@D%=+$&'€R+f&'K&7+&'09+7)Ž+7)Y+1)'K=?@+$&'[K,K+)a'c5U
WsJ)M=&B&C
 !«t ./0'123'456+*67
&''0&*&0+/+5*&''7 h)(?$&''U s?$&'']…()M+o9M&''C )a'c5U+1w$/'C E$&'^ A']O/*+A'5ƒC9(
%@+b&'(&7+dF+5k*?@$)'U ?$&'*)Œ)U&C+ )5*&(+Ak*)8+&–.,(&7+&kŽ+5C+h$/C?=&(+%@+E)0?@=&C
W&5*
:?$%,'39>%@+ $?$/($&0+;$?D+=&B&7+%$&U+:J$&0++¦>+$)R+d0&.%,C)0+:?$?=&C+&‚)M
S;+=?$?@+;T*/(&'''''C =HD+1@,'''''0?@+A[+.D)''''''C D)''''C ?$&''''*@,0+µ5K9^&''''C o&0&K&''''B
_@,''''0 ?=/'''7 $&F'''B$/*&C+Aa'''B?@+?$&'''i5>+&'''].@+$&'''U ;V+9'''C %$&'''U A]a.@&'''0=&M
WsZ…ac5C+h@).,n+;=$/7+¯&B+%$)U+L+5>+$&8&7+ZC?@+IAB,>+h?@+?$&¨9^=&C&7
:?$/a'c5C&*+h%$)'U Aa'3 )ac+5U)(+h$)R=&C&($&0+%@&[+./3+$&7+;?$&U+:;&0&5aB%=
;=)''c^$+=&7+z''O9(+;&*)''i5*+:&''.%@m&*)5K&7+$%@?@+E)0&''( $V+AF+5*%/''3 %$&'U Id'a.@
IAB,>?@+h9^&7+__$/C+A0&(+&0&(+$/…ai+5M%@+;9^+?$&58?@&7+4+.=)¨?=+S$/…ai5*
%$)'''U ;$)'''R/8?@+E)'''. __Z'''…a.@+u$?}+5''''O ?T''[5M+A*&''|@+=&''C $&''8&7+h&''0)*%$+,C
$?$/'C %@$&'^ j.p'3&7+&*%/'3 $&'U ZC&'* 1ZC&M+WsZ…($&0+$)R=&C+h$)0+=}C+1b)[8)B
_?$%pK+A+5(+?$&.$$=&K+&(?/.}^+?=)¨?+=+$&U
d''[5(+A.%+=9^&'C hm&'C h$/C&'0?=)8+;?$?=?@+&*)'i50%=+AF.=&'^ P'B?@+$$@=&'M&C
)'.=$+&0&*%/'3 D&'8/(+P'c5C+ dF+5k*?@+?$&89^+Acn&*+A*$$=?T*&U&7+%,+5^+:%@+h9^&C
N ;D%$+A[+5(,O&'* ;=&'B E%@@&'C )'( __?,'kC+ +¶+A>&O+T*/(+;?@ IZ+7?@+A+5>+$?$&()0?@
_A[+5M&*
d'89^+;?$&'[()M%T+5>+A.?D&'C 1•=+$}+5'C 1ž,(+Ak*?@+&+7&890+?=%$)M+h&U+;$)(&C
W@,0+A*G+=)M+?$&[8&7+4+5k*?@+&0)(+b?$+&*)k*?@+$&+7)*+$&U+__Pc5C
9^+1).=?@+A*)\5Y+A*)0?DHT.&>+;&U+__?$%@+E)a[8+;?=$?@+&0+;&*%,+57@+$&U+;&U
D)'''B E)a–.&''0 f&''(&8+$=)F[+5\''* Aa''3&C+?/''5U+W=%@@&''r A5a''3&0+A*%=?@?$&a''B?@&C
;$/C&'M &'0 j[+5\'C f&'M &'*m&(&8+$&'U :?$&*?TC++N+4+.D%/^&0)(+A*$&^+&(%$&0+__ZC?@
_&*)\*&>+%T+5(+E).$/()M%@+;$/C&M+$$@=$/C%=
&'''0 Z*&'''.&K?@+?$&'''U E)5''''i58)0+$?$)8&''*&0+Z*&''.&K?@+&a''3 $&''U E)''.)]+5M+h)''0
s&.Z0+$/C@,0+%@=%D&C+;9^+&0?=)8+;&*%/3+$&U+sZC?@+%T.&>+%@?T[.)U&7
1Z'''CZ0+Z'''C?@+_?$?D+=)8m&'''C $&'''CZC?@+A''''3$/(+V$&''8&7+&''0 ;&''„H,8+$&''U ;&''U
_WsZC&*Z0
 !"#'%&'()*+,- !#‹
$)[+5MZY&''C A*)8=&''n %,+5''^ @,''0 h&*%/''3 ;)'''][+.=+?T*?$&'U =&'M ;$/8&'M ;%+,'.$
)Y$&''U :?$?@,'0 ·'( &'*%e+.$)M+=$$@+;&'0?=)8+?=&'B `D9'( ;%$@+__E@,0p'K N A'*%@@
_)aB?$%=+)O+&($/Y+=&B&7+1;+=&>%=
;T'5U+__’H,8&'C ?$?$/'C o&'* $&0&*%/3&C+?$?$/C&*+%+=9K+`=9Y&C+&*%/3+A]y5C
$/8&'M&C+:z*&'F5>+;)'O)O+&'.%@&0+;?=9'Y $&'C __$/'C ?=$&'K 1J)M=&M+%@+4i5(+=&C&7
_?$/ac5C&*+h)M?$)U+Aa3+u).G
$&'7 =&'M __?$%q'c5C&*+ %@+’H,8+A*)\5Y&7+J$&0+d+./K+=&C+;&[5*&F+5>+$&U+W&[.%,C
__?$&''][+.G/FC+A''5>+&''5*+h)'''M?$+AF+5a'3&0+d+5($/'B?@+?$&F+5'B?$&M+$D&'~&C+?$&()'B
?$V$&'''C )a'c5U&7+&'(%$&0+_`,'K?@+h$)*&'M&7+©&'O h&'[5*&F+5>+$&'U ;H=D&'8)(+o)a'c5U
_w?@ ;D%=+¯=&8&C+E9R
"J/K+;%$)U+%=%D

!:()#;<!="/2>?@7

1E$&''^ :$/''C@,0+A(+E).=&'''B o&'.?=%G&>+1h&'^ h&'U 1;+,'C?@+;)'.=?@+;@&'O %=%D

E)0?=)5a^&''C &'''K=$$@&7+1;+,'C AO&'C?=+;GH=+=%/'R ;%@$&'8 $/'C%@+E).H=)8&'K A[+5\'*
=&'''B&C+:?$&'''()M%T+5>+;?=$+)a'''c5U+%$&'''U :v'''i5M+ZY&'''C `$&''''7 A*)''F.=$)M+$%D%,''(
?@,''0 ;$$+= )Y$&''U :J,''K%@A+5>+;9'''^ Aa'c.$+f&'M =&'B&7+__$/'C 2%D+%@+A*)'0?=%D)U
:D)''5*+$D%+=&''($&0+%@;9''^ A'''*$$=?@+1¸%}5'8 f&'K&7+:;9'^ ;?@%@=%=&'O 1ž$/*?=)'R
IJ/K+;?@+1A*%=)Y+A^H@+?$&.%+=&K+%@A39^+·.&0&7
h?@=&''C&7+)a''c5U+%$&''U _;=&''C ?$?@,''C h)''*)M+%$&''U &.;pK&''39K&7+hD&''~ &''F*/R
AO)'''( $?=&''''C L.=)''KGH=+:h)5*&''( AO)(&''C %@+E)''0).=?@ ;%@$&''8 1f)8)''B A*)''Œ)U
:$/'C %@H+=?/5*%$@&'7 h$/'C pk*)0&'. u)0&aBH@+f&K&7+=)Y+h&0&.&0+)B$&U+__&.?=%/+5U
&'.A0)*$$=+&'0 &.&()0+$&U+E%,B&+__?$&*@,0+h90+L.=)Y+h?$$@+$/C+%@&()0+h&7+=&M
?$&'''U ?$&'''a5C?@$‘C+/'''3=&>+&'''.A*%=&8)0+$&'''U &''''F*/R+:?$&''[C?@+=/''5M+E)0?D,>&''3
$?$&''a5C?@+L^&''C 1Z''i0?@++A''( %@;$?D+1E)''Œ)U+E%/+5*&'''7 %@;9'^ A*)0?=?D/K&'C
 !#! ./0'123'456+*67
A''^H@+A*%=&'8)0+;$)(&'C )(?$&'U)U+?$&'a.DH@?@+;9'^ ;&'k8%=)U+%@+A0)'*$$=+A*)5K&'7
_A398)^+;=)C+&a+.$&0?@+A0)*$$=+;?D,>&3
&''''(?/.+=&>%@+E%GH+=&''7 `GH=+d''3&0&.+;=?$&''a^&C+E)''c.@+Wd5*)''K?T[.D+;?=%/''5U+9C;)''U
?$/a'i.&K+ E)0&.A*%=$/*+&*)5K+;=%T.@&C&0+:?$/C+b&.&k8%=)U+A+7%@$&U+1fH@+/+5*+9C+`=%/^
_?$&(?$$@,0+9C+E).?@$/B)U+;)K)*&>
)''( h$/'''C P'3 =HD+;=%@=&'C P'B?@+%@+u).G&'7 &'.9C+Wd5*)'K?T[.D+;?=%/'5U+9'C ;)'U
&''.9C+__d''[.H+=+E)''5C+`$&''7 1u)''0?$$T[.D+?p''C ;=)'''Y &ƒ(&'3 &'8&kC+%+=$&'U ;$)[+5>&'7
&'''0)*$$=$&U+__E).&'''C A*)0&'''.A0)*$$=+&'''8&kC+)''''( )''[5M+P''3 =HD&''7 hD%$+%@+u).G&''7
_?$&[+.+=$/B?@+%@+A*)0?=$/*+&ƒ.@=&K+;=$?@&C+u)0&(%$)U+&0+;&5*).&C
hm&'C _%+=&'K?@+A*)'0?@%D+&'(%$)U+ 9C+__$/C+A*)0&+7)„&M+A+7%@$&U+j+5M%@+E%GH=&7+`GH=
sE$&0)*+AaB?@+}5K=&M++¹+5Ÿ+7/^+E).&*+;9^+9C+1P+5C+A*%D+;?$&U
;?/''5*+&''.%$+;)''*)8+?$&''8%+=&K+E%$&''U ;V+9''C 1h9''^ A*)0&'''7H=+?@,'0 h$$=+j8&'0
;9'''^ %=%D+%@&''''*mH=+$&''U $)[+5>&''7 &a''c.$Z>+_?$?@,''0 $%$&''( d''89^+;&''0&k*,K?=)0
&.Aa.,C+`$?@+A39^+?$&5+7@+A^)*&7+’H,8+;&a3+$&U+_E$/C$%$&(+;?@%=+&a+5*&.&kC
%@+L+.$&7+J$&0=?@+z(&C+Aac.&39^+%@`/0&7+_;9^+A˜?=+;=&C+1;9^+;&+7H=+&7
;&'''7m/K+_?/'5*%D+h?$&'U h9'^ A'[.,Fn+A(+&'C j'8 _%@?@+=)'3&~+;9'^ j'5M+4'5>+;}+5'M
$)'0?@+f&'M E)5*)0?}.=&7+P3?$+;)C+:j[+.D%,(?@+E).&^&.+%@=)M&C&7+&[5…0&.+u)0&+7H=
_j89^+Aa5>&C+;=%D+1;$?D+A0?$$+=+1³)C+Aa^?=@+u)0&+7H=+:?$&a+5[+.GV+E).?@
_E$/'R f&'M 4'.=+E)0?=)5a^&'C &'K=$$@+=&'B&7+$?$&'.;T0&.+f)>&'C &*)a^?=@+h&U
_?$&''8e+5*+E)''.?@+?D%$&''(=&>&C+=%@Z''C $=%@+_u&''0?@+E)5+7&'''M &'0&.&C+&'0&.+%$@&'C$&8&7
;9'^ ;?=$+&'C P'i>+&'a^?=@+=&'M _j+5C+¦.)5*&(+A(&O?=?@&0+jC?@+?$&U+;,+5n+)Y$&U
E@=&''K A0&''.?T[.D b?$+_ZC$&''a>+;@&''O $ ZC?$&a''B%=+).=?@&''C =&'''…*%=&C+1Za'B&…C
_ %@+b&.&C+jyC+E)5>9>/Ÿ7+1jyC+f&M+)B)U+?=)[8+E).+?$&*)8+9C+1o&0
&.).=?@+$&7+E)5aiK+&ac.$Z>+)0?@+f&M+E)0&a^?=@&7+2$/7?@=&K+&0+%@&()0+$&7)U
1jC&'* £n)'^ GH=+$$&'3 Z'C?@+_Z[+.$?,'B?@+&'0?/+50+jC&'7 &C&O+N9>&3+&0+?$&[…C+=98
ZC?@+j[8+Aai>+$)ai>&7&0+`,*%}C+;?$&U+9C+)Y$&U+_?$&*&FC=&B&C+E).9^+;&k[+5\*
?$&'''[8+AŽ[C&'''7 `,*%}C&'''0 ;?$&'''U 9'''C __j'''C,K%+=9^+%@+E)0&'''*$/8D&U+;,''''C?D+=&''C&7
 !"#'%&'()*+,- !#”
E)5''i5*@,0+&'cO+A()'0)(+__jC$&'a>+?@%p'U A'C?@+?$$@,'0 E)'.HG+)'K?=+$?$&'(&*$/($&0
&''C Z'3?@+E$/'C ?T['i^&C+%@+E$/'C P'B?T.&C+A+7)'~ &'7&0+__$)R=&'C &'a5C+A'398)^&C
`,'kC+ f&M+%=%D+A+5>+j+./3+j+5M%@+1,k*)8A(&–B&C+4+5B&0+=&M+%$)U+_E$&FC=?@+,K=?$
&k*?+=+$&C)U+:Z+7/FC+f&M+j8+;)B).+1§%@ j8+A*)0&~$&7+E)C&7+)M?$+AF+5B&0+&a+5C?@
_$%$&(+1£8)0+;?@@%=+&*&K?@+E)0&a3
A*)'[5M+4'5>+9'C %@&.A(&.)'B&0+$&'U ;&'*$/†+$&.A(&.)'B&0+ $&U+$)[+5>&7+h)(?$&U
A*@,0Z''''> b=?@+$)[+5>&''7 __h&''0?@+A*%=&''8)0&7+;=%@9''^ __d''5˜?=?@+h9''^ Aa+5''B&0
_?$&0&.+A(&[.&8+PiK+&8e+.$)M?@+h9^+%@+h?$&*@,0+AO)(+%$@&7+$%@+h9^+;?$%=)3
J)&''B j.q''k*?T+5C+1E)''8?D+j'''.,(e+.=@+$=%/'….=+;&'i.T*&U+:&'F.}*+d'R90+A()'0
$%@&''0&+ƒ–O+A*$/0&''C @,'''0 ;&'ºK+{)'C;T5U+__ˆˆh&'FC+9'0 Z'C?@XX+I?$&'8@,0+E)'.=%T+5C
_ˆˆW&C?$&aB%=+;?@)UXX+IA(/K+1T*)0&(%=+A*)€53V
;p''y5*+&''(&8$/C&0+&''.%@?$&U+A(?=D&''&7+:h$/'''C u)0&'7H=+;&a'B&C+P'B?@+hm&'C
A0&'.&[+.$+ &.&B)(+$D&~+$&U+?$&[8;V&C+:h&0?@+P^&C+h9^+%@+E).$)[+5>&7+1u)0&+7H=
%@&'.;=%@+4'ƒ8+h&'7 Z'C?@+Sj'89^+A*)8)'B u)0&'7H=+_u$/'R /5*&7+AaB%+=+9C+?$)R=&C
_d.)O+AF+.+=?$)C+&a+5…C+1ZyC+%T+5(+4+.D&~+$/8&M
;?@+f/0&''''7 A'''[./^+1T*&'''B?@+;+,'''K h=&'''B ;&'''ƒ7&0+d5a'''c.$&39^+;=9^&'''C
__h%@?@+E).H=)8&'K A'7@+$$@+1E)'8/K+A.)'8=)(+&'ƒ5^+ Ida.@+h9^+;$)R&C+__hT*)($/B
h?@+E%T*&…+79M&'B ;&'7&~+ $&U+)(+Z[+50$+,>+d+7&M+E)aBD+;&a^&3+&0+h$/CD%/^+&(%$)U
)Y$&''U __d5+7)''8%=+A'''cn&*+?/'.,0+;e8/8&'( T*).)^&'* ;?T*?$&'U __Z'O9R+&'*%@@+&'()^
1E$/'''C%,0++=9'''K ;&''''*%=%D)U+$&''U :T*)0&''( f&''M ;9''^ A*)''0?+=9K+$$@=$/''C%=+A*)''8?D
;&''*%=%D)U+$&''U ;=)8V&''> E)8&''* ;}+5''M )a''i5M+_?$&''*).G+E$/''C $$T'''[.D+%@&'y.+=9K&7
_E$/C$/($&^+E)5*)0&[–0+=&B&7+&F*/R+$/C%@&*
u)0&'''^)*+/0?$)'''( _&'''F.}*+u@,'''0$?= Aa^?$&'''0 h%@?@+A*)'''i5>+4+5a''''3 $/8&''M
?$?D%$&''k*)C+$&'U ;V&'C d'39M+h%@&'* ?$&'*)5+5>+u)'0?$%G$$=$+?p'C 1&'ƒk[5K+&'[($&0&*
h&0?@+PB&M+%@&7&~$&7+hD=&ƒC+f&M+dai+5M?@+;&*+$/C?@+d+7%D+AF+.}+5M+&KD9^+_$/C&*
PB&M+;&()0+$&U+_?$&()FC+4+5(&n=?@+?$&†)0&^)*&7+`$&.?@+h?$&*@,0pC+;}+5M+%$&U
P'B&M+$%$&'( {E&'^=?@?$+9'C u)'.9^+`$&'*).?@&0+{h,'K?@%=+u)'0?pC+ A+7/Y/»+9C
 !#  ./0'123'456+*67
;@/'^ ;,(&€R+ZC+u)0&.T*&8&7&0+%@&()0$&7+Wh9^+;&0HpC+;&U+_h&0?@+Z0+,n+&+7@&C
&''7&0+%@+f$&''M h=HD+Wh9''^ ;&''0HpC+_)''0?@+T'''*/(+u@=&'K&7+;9'^ J&'.Ak*?@+AC+$&'U
?T*?$&''U j'8 ;T'5U+Sh@,'0 N ;}'K ,'C?D+hm&'C __?$?=?@+&'][5M+P'C ?$&'89^+A*)0&'^)*
&*%,+5'3 A(&']7&M+;+=&'> $&'U &'C )a'i5M+j'8 ?$&8=)'3 P'C %@+h9'^ A(%D&7&0+)[+5M+hD%$
__;$/''C $)''[C+%@+d''5.m$/O+&''7 ?$&''(9^+A''B=/O&C+Wj.,FnZ'''( ;&'U _h$/C&'* =?$?,M&'C
P'C ?$&'^)*&7+1h9'^ A'k*?@ &'8&FC+ ,+53+;&0,*+1ZC%@=&C&C+h,+53+;}+5M+1`@+4+.GH=
A[($&0=&''B 9''C %$&''U :h$/''C f%D+%@+h9''^ A'''cn&*+=&'B&C+%$)'U =&'K&U+__$)F*&'( )8&'^
h&''''U &'''8&K?@+/0?$)'''( _d'''[5M?@+Z'''> A†)0&'''i5U+A.)'''(90+1d+5'''i0?@+f&'''M q*D&'''8
AB,(&8&0+w)*+4+.=)*&0+5M+A.%D?=)3+1w?@+£+.$+?$&*)0).=?@+=&B&C+&.;T*&8=&n?D
;&a'''3 $&'''U I 9''''C ?$&''8?@?@+=$)U+&''(%$&0+__E&''FC+%@+b&''(&7+d.D)…a''B?@+E)''0?$%@$$+=
W&.?/+./0+)(+A.)(90+u%}3)*+$&.?$&]i+5>&7+;&a3+$&U+I+9C+$&.?$&8%$@&7
1E)''.G+;?@Hp''K ;&0&5a''B%=+__s?$&''(?$/C&*+4''.}*+u)''390++A''( %$@+A()'''B &'.)U
_Z'C%@+;V+?$&'¼?@=&C&7 h&*)39F+5(+A()B+$&U+A+5+ƒC+9(+__h/.+,C++A(+E).$)R&0+h).=?@
s__ZC+?$&¼?@+=&C&7+=&M E).
9'''C ;)'''U __u%=%/'''5U+%$@+A.=?$&'''a^&C+9'''C ;)'''U __d5*)'''K?T[.D+;,''''B&+9''C ;)''U
E)'().=$+%$&'U WWE)'8/K+;&'K=&Y+ A()8/i0+9C+;)U+__E)0&79>&3+;@&O+/+5*+;)K=&k*&7
_h&0)*+Z>+E)a3&*)]a8+5M+?$&8&0?@
$&''7 ®''3)U+E9''R b?$=&''M __d''B,(?@+A''57+$?=&k8&a''B E)(&'''0&.A*%/Y+Aa'B%=&C
_Z[+.D&C?@+E%/+57=&B+;=$/[B+?$&.+AFB)*&C+=HD+&0+?$&()0?@+£B+&.?T*&^
$?$&''''.&0?=&…7$@+;$$+=&'''C Z'''*?@+P'''B?@+E9'''R ž$/8)*&'''C AF+5'''B&0+b?$=&'''M
h9^&'''7 A*%=&'''8)0+A()'''B L'''5[8+%$)'''U ?$/($&'''0&*=?@+?$&''.&0&O?+=&+7@&7+A*)C?,\''58
_?$&][+50&(?@
%@&''''''()0$&7{+?$9''''( A[.D&''''C%@+;&.)''''B&C+W&''''0?=)5a^&C+&()''''B `,''''C J%$@ b?@
%@+h=&B&C+&*—8+?=HD+A39^+·.&0+1;@$/[39^+{h$/C+;$)8%@+j.q+7/O+A*%$+=?$)R
W$/C+)a^?$)*&7+J&0&[()M+AaB%=&C+__)i0
 !"#'%&'()*+,- !#¡
%@+u)0&'7H=+;T*&'…7&8&7+ H+,C+__h$)R=&C&7+9RV+W+&0?=)5a^&C+&()B+`+,C+J%$@+b?@
$&'''FC++N+E)'''5.)CDHp>+?=%/''''5U+L''5>+:E)''.V+?=&''kC+&''0$$D+__9''‰ b&''.)*&>+;=$/''i8
_ &*&.&kC%=+Z>+E)5[8+;=?$&a^&C
" J/K+;%$)U+%=%D
:$/RH+pn&''''C $/''''C ;9''''^ Aa^&''''C @&''''C A*%$+=?$)''''R ;?$&''''3 $&'''''U A.%e+.=@&'''C
A'''57+;=)5a^&'C J)&'B&C+J)&'B __$/'C J)8/'i01+A'*%=$/*+&0?$&'3 ?$&'*%$&y+5>&C
IA(/K+1z*&F+5>+&.)[+5M+;9^+%=%D+?/.D)0&7+=&C+:?$?$/C?@+4.}*
&'0 &'5*?$&U+=&'M ;@&'U _h&'0)*+E)'*G+&'7 =)'0 j'8 AR&'0 )'0?@+ +A(+h=)0+;=)5a^&CXX
_ˆˆWs&F+5(?,n)U+oˆ;=)5a^&CX

! ABC$D!#@7!E!F1

$&'''U __?$)'''* 2&'''M P7)8)''''B ;D&''8/K+?$&*)8=&''B E)C&''7&0+W=$$@+A*)''Œ)U+;&''U

1h&'0?@++N+J&'c5^+)a'c5U+_v'i5M+d+5Y&'C ?$?$/'C J,'K E)5(=&'C $=&B+;&*)50)*$$=
_`,K?@+h%@+o%T*?$%/^+;&0+,R/8
/'5*+ 9(+A+7)8)B+)(+:h/RH=+%@+h9^+A^)*&C+%$&U+w)i0+f&M+)a*)0&.A*%T[+ƒC&C+;&0
&''0 ;?$&''U =&''M 9''( _h&''0)*+h9'''^ Aa+50)>&'C P'B&M+w&'* ?=$&'K A'5>+1`,K&'* d'.9^
?$&'.9^+A(&'.%T[+ƒC&7+;9'^ o&'0?T*?$%/^+/'0?$+=&'M :?$&a.=)3?@ N da*)0?,+5aB&U
W;?@?@+=)Y+9C+9^+A.)*%@+o&.A()8$+,0$&C+:A()8$+,0+9(+__Zy+5>?@
__da'c^=?@?$+ 9C+P(9^+?$&K9B)U+An&0?+,R+=&B&C+$%+=+J9^+Ak*?@++AC+A+./(+&7
_%@=)''Y P''[8+;&''0&.$)n&0+&''*)5K+9''C &'''(9^;?}50)>+1Aa'c.$&39^+AR=&'M )Y$&'U
9'''^ A.)'*%@+1A'[.$@+w+&'cO+ZC&'C &'0 hV+&'a5()M+?$&'a5*%/Y+;T*&'C$$+=+1A*%/Y&'C
j(m&'M=9^+L'5>+_h$/C&'* 9'( A50)'> E)5K+;%D?=)3+o?$&U+;%,+.$+__;&FC+%,F3)U9C
1j'8 ?$&'7?D&U&7+ =&M+_%@;pK&39K+;&.)B&7+)5*&(+A[8+;V+&a5()M+Z+7&C+__hV+&a5()M
__E$/''C b&''.=&\*)8&0&.+A8%=)'''U f@+b?$+E)]'i5*)0&8&^+1j'.$/C+;T0&'. Aa'BH@+9'(
E)]''i.=HD+=&''K&U+_E$/''C b&''. E)]0$$@=&''M ;=9'''^ $ E)†)0&'.A.m$/O+A'[C+E)'c.@
 !#" ./0'123'456+*67
%@+E)8=&''B&C+A+7)''C A''k*?@+Z''C L''.,(%$@+__+?$?D)''5*+$D%=+&'''*&5($&0?@&*+&'.)CA*%D&*
&''''''.%/K+__;+,C?@&'''''''* =?@+?$?}C&'''''C E)'''''†)89^+A.%D?=)'''''3 ;&'''''7&8)8+$)'''''i50?@&*
=&'''M o9'''( ;&'''0HpC+;&'''U __ sE$/R&'''*=?@+?$&'''[8+A*)a''c0)*$$+=&7+P*)0&''50)*$$=
Ws&5*+j8+;&0HpC+AF3/^
A'(%D+=&'B&C+E9R&'0 )'[5M%=+E)'89^+?$&'F5>+__j'.$/C+4+5a'3 $/8&'M ;,+5n+?$&F+5>
Aƒ5(&'C 1E)'89^+ A^)*+&[.&FC$$=+?$&8&(ZC+;&*&^?@=?D+&C+$?$&[5…C+T[+ƒC+%@+E)89^
&'.%@+ 4+5()0&7+E)8&8&U+:j.&FC+=).@)*+$=).@+;=&C$=&B+A]O/*+E)89^+A(%D+?$?@=&k+5C
E%=)'''C &''''7&>+b?$+?$&''*)8+,+.G&''7 E)†)0&''(%$)U+&''˜)8)U+$&''n&^+;D&''~ 1oH=&''> &''0
_j[+5aB?@$)(
;D&'~ j'8 A'cn&*+h$/'C?@+£'.$+%@+E)'0)k+.+=+ &C+1h$/C?@+A0?$)U+%@;$?+=+$&3&7&0
__sh$/…($&'0 A'R ;%$@+h%+=&'K?@+f&'M Z'> E)0)5R AF>H,( $?=&C+&0+__s@,0?@+AR&7
Aa.,C+;$/8&M+di5*)0&a3&K+;&U+__s$/C&*+9(+;V+9C+=&M+h,r9U+`=&U+WE)Œ)U+;&U
j'8 Aa'c.$+%@%$&'~&C+?$&*%+=$/'B&7+&'kŽ+5C+&'.)U+s®'3&8+ ;$)(&C+14+5[ai.H+=&7+$/C&*
A''''39>=&B+$m&''''M =$&''''M&7+d''''O=+;?T*?$&''''U __s$/C&'''''M ;&'''F.@+AF+5˜)'''8)U+'''5M
;?=)'R Aa'B%=&C+__s+AC$/C&'M &0+Aa3&7+dO=+o?T*?$&U+ZC?@+?$&(?$/C+E)0&50)*$$=
Z'''8?TC+;?=%/'C ?T*?$&'U =&'M Wh9'^ ;&'0&*)Œ)U+&'F*/R+S`$)'* d'i.9^+A'O=+;@/'^
__)0?@+£+57+o/(+A+7)8)B
$&''U ;?=)''R j''8 W/5€''B&R+%@+4+5a'''3 $/8&'M&7+$=%/8&'M Aa'B%+=&C+A*)'Œ)U+;&'U
x[B+$?$&*D@?@+9(+1j8&7+E).9^+&()8+&()8&C+1z+./+50+&ƒ5i>+A+57?@+S`$)*+h&*%=$&M
$&''U __j.=%}+5''C &''*%=&^+L''5>?=+9'^ ?=$&'M $&'U P'B?@&7+9'(  $ j'8  _j'5*?@+?/'5>
&*%D9'''B f@+j*%D)'''* :E%+=%+=+1+£'''57+$?$&'''*&0?@+4''''5(+1E?}5R)''* ;=?$&''*$/C+&''*%=$&M
h?$&''U WA0)''*$$=+A*)''Œ)U+;&'''U __E&'FC+A.)'C DHp'> &*%D9'B f@+E)'. E,+5'[C+J&'[&7
1da''B?/C+)'a8?@+=&'C&7+b&'* ?$&'F57)R+&'].D%qC+E)'. ?$&'F5K=$&0+&']5˜qC+?q'39½+5>
__E,'kC++N+P+7)8)'B ;=&'C $?$&'*&FC+4'5(+E)0?=$&'M %@+J)'0 E)8&'M&7+ 1h&FC+J)3)8&(
;&K9'''B)U&C+h&'*%=$&M+&'ƒ5^+$&'U j'.,.D+;&F'B$$,C+?p(&'C @,'0?@+D&'~ h?T*&'R ;)'U
h9''^ ;&Ÿ''i.,(+?=$&''M&C+)Y$&''U W&''.%@,0&*+E)5F+5()(?=&'''B ;T'5U+$&'.)[(/FC%@+?$9'(
A09+7)'''K &'''39^+Z'''> h=HD+__&.%T*)a'''cC+f&'''M E)5*)0?$)*&''''M &''7&˜&8+&''7 h&k[.,''3
 !"#'%&'()*+,- !#Š
$&'U W?$&8=&B+=$$G&C+j.=&C+$=$/*+,>+A*)Œ)U+;&U+&F*/R+Sd[+.$?,cC+Z(+E)5¨&^
_?$&*=)3?@+9(&7+L5[8+AaB%+=+$?$&*=)3?@+j8&7+9(+A*)0&5aB%+=+&*%=$&M
b?$&'* Z'C 2$/7?@=&K+;&+7)*+1&n,7+1&Ÿi.,(+?=$&M&7+d+./K&0+?q3)C+?$V&C+h?$&U
/5*&''7 _E&'0?@+L'5>?=+E)'.9^+?$?D@&'C &'0 &*—5'i>+$&'U ;$)'58+?$)'58+9'C h,'kC+`/'K
&''B)0+Aa''B%+=&C+_E&''0?@&O97+1EH+=?@+__E=HD+&''*).%+=%+=+?=$&''M $&''U ;&'''[.$+%@++2&'890
_?$&8&0?@+œ+ƒO+%@+E%$&U+=&B&C+h9^+A¨&^
ˆˆ)''FC+E@=)''* J&''[&7+;,+5''n ;9''^ )''C ?$&a+5'''i^&…C+,+5'C $,+5'^ Z*%D&'* 45'B&0XX
A[''3&R&C+&''F.p…+.=+o&''8&U+Sh$$T*).&''K%=+Z''> ;&a''3$$,B+h&''U f)8)'''B A*)'Œ)U
_)0?@+A*%=$/*+j8+A*)Œ)U+%@+x*?D?$&3+&7+E)0?,+5aB&U
?$&[5'''3&C++=&''n &''7 D%$+AC?$&8=&''B =$$G&''C 9''( /0?$)''( A''*%=$/*+A*)''Œ)U+;&''U
;=?$)''C &''C )Y$&''U SZ''C)[5C)(+%@=%/8&''M ;=)C&''C j'''8 A*).&'C &'[5…0&.+Z'3?@+:d[+5M)'*
_?$&8&0?@+b)*$$+=+E)0&F.=)(+&.A.m$/O+A8&Y=&B+h9^+=&8&7
)'''( $/C%@?$&'U ;$)[+5>&'7 d'3&()C&^+$&'U :h$/'C )'5[+7@+$T*&'8DHp>+)'( %@+'*?+=+h=HD
1E)''Œ)U+E9'R _?$&'][+.$?+=+E)'5C+;DHp'> $=&'n 9'C h9'^ A8)0&'C 1h&'FC@%D)U+u)0&'7)C
$=&'n ?$&'a5C?@+T'[ƒC+ h%$?@=&C+A39^+E9R+__?$&[C?@+o&0+E@=&K+E)0&k*?D+;D&8/K
;&'B&0+$&'7 A*&'^ &'(%$&0+S?$&'a5C?@+ D=&C+?$&F+5a3+$/8&M+=$$G&C+L5[8+A(&0?=&C
;?$)R=&'B&7+L.+=&'3 1,+5'^ ;/.@+$&U+1AaiK&C+E)0&a3+&F*/R+W?T*&8+DHp>+%$)U
1 &'*%=%D/K%+=+;&'i.T*&U+&'7 z'a.,C+%@+E).9^&'7 &'>%,^+ $&0)R+:E$%,i+50+f&M+;@&C&U
_E)8&*$?=&C+$@,0%=+;=$&M+&+7%$&K+1b)[†+;?=%G&>+/8&^
1J$&'F.=+A*)'Œ)U+Iz*%}C)'M?$+&'0 &'5*+A(&'[&7+ $?+=&n&C+AF+.=)0+?$&U+AaB%+=&C
=&''B&C+E%G&+ƒ''3 1AO$/ƒ''3 A*)'Œ)U+1A*%@=&K=&'B A*)'Œ)U+1A*%$)'( Z'C A*)'Œ)U
WE?@?@%+=+E).9^+%@+4+5a3+$/8&M
$/8&'''M __%@+E)\'''5Y&7+4+5a'''3 $/8&''''M 9''C &''.%}0)8+j.q''*90+ˆˆJ$&''F.=XX+;&''3$
A(&'''.%T*&C&7+$&'.?@%}^)Y?$+$&'U ;V+9'C Z7&'C :?$&'(&*$%+,+5K+$&'U ;V+9'C d'i5*)0&a3
b?$+d5*)''Œ)U+Aa'c.$&39^+;@%D)'U &'k*?+=+$&'C __E$$@,'0 h=)'(/O+P'B&C&8+1*)'8)U
''5M+&'0 h$/C?$&'U ;,+5'n &'F*/R+S?$&'*@,0+T'[ƒC+?$&F+5a'3 $/8&'M =&'B&C+E)0?D&'8/K
_?$&()FCm%$+A*)0&aB&C&8+?$&*).$$=&B&7+$?$&()0+E).D=&C+&5*+;@&C&U+AF+5ac.$
 !#« ./0'123'456+*67
__?$)'*%@+&.AO$/ƒ'3 1Aa+5'3 $&'U 9'C ¦'ƒC+9'( :&a'c.$+$&'U 9C+dF+.=$/[B+AaB%+=&C
:&'''''.?@,0&*+AF+.=)''''0 ˆv''''i.&K+Aa''''B%+=&CX+h$/C,+5n&''''0 $/''''C %@+4+5()0&''''7 o&''''8&U
b?$+&''F.T*&>+&'''7)OD9(+&F+5'39M+&'8&0+&'5*+1&'.&M+;?$&'U __?$&'a5[+58?@+L.?@,0&'*&C
1P''5C+9'''^ __j'3$/7?@+E)5+7&'M E)0?,+5a'B&U+1j'C?@+E)0&a'3 $/8&'M ;&'a.$)U+j+.$&'M
_E$/C?@&*+E).+&a+.$)U+}5K=&M+&.%$/C&*+A(&.)a+53
hm&'''C _Z'''i^&…C++N+AF+58&'''0 Z''*%/(?@+?T*?$&''U =&''M ’H,''8 %@A.)''*%@ ;=%/C&''7
__?$/''C b&''.;=)5a^&C+A*?$)''^ $?$$@,''0 ;@&''C dF+.+=?$)''C %@+L50&''.)k+5Y+$/8&'M&7
_%@+J$&F+.=+?,+./0+N&>=%/R+=&B&C+&.)8&B+A*%T+5>$)C+L.$&U
A'''C $/8&'''M Wf)8)'''B A*)'''Œ)U+;&'''U W?$&8=&'''B =$$G&'''C j.=&''C A*)''Œ)U+;&''U
:&'5*,8&*+A0&'.&09+7)Ž+7)Y+%@+E$$@=&'K&7+&'0 j'8 ;=?$)C+=&B&7+?T*&C+9(+A0&.;@=&K
9'( ;?$)'8 $=&C)C+W&0&*)Œ)U+;&U+:&5*+%T+5(+A.)*%@+L5*)0&09+7)Ž+7)Y+A*$&(+;?T[+5M
E)''0?T*?$%/^+1Z''C 4''5*%/^ E)'''. __&'*%T*?$%/^+A(%=&'(&^+&'($&F+.=+9'C Z'C b&.9*)'3
s?$%+=&'K f&'M =$/'B J$$+= Aa'c5>+A'R9C+&'(%$&0+__E?T'C f&M+=&B&7+A*).9^+;@=&*
A[.,n&*+j8+;+=&n+ZC?$&U+=&C&7+E).+__ZC&*+E%$?+=+h&0&[.+,C=?@+&0+ZC?$&U+=&C&7+ZC?@
da'''c.$+__?$&'8$/C+b)'( P'57+&'F*/R++A'C$/C+=%D&8=&'3 &'.9C+&'.&*%$&7 __sAC@=$)'M 9'C
WsJ$&0=?@+?$9(+;9B)U&7+•&n&3+&F*/R+:daB?/C+&cO&7+1w)M?$)U
P'3 `T*&'M &ac.$Z>+__?$&ai.&K&*%+=+Z>+E).GH=+E&M%$+A+79R+/+7)R+%@+E)\5Y&7
_?$&[5C)5Y)C+&(%$&0+S?$/C++N+E)8GH=+%$&U+;T5U+__`=TC=)3&~+%@A8?@=&C&7
;@$/[39^+;&U+__?$/(,K+J+,K+?$&8=&B+=$$G&C+A0)>&C&0+:j.=&C+A*)Œ)U+;&U
_?$&[5…C)5Y+;TF+57)C+&(%$&0+S?$9C++N+E)8GH=++,>&7+Wj()Mf&M+=9^+L+5>+;?$)3$?=@
"J/K+;%$)U+%=%D

! /2G)/$HI%!'B$,.0-$&$1
!9
 !"#'%&'()*+,- !##
1J$&F'''3&U+?@,0&'''* ;$$+= ZY&'''C P'''B?@+:A*)F'''3$+=&'''B &''''.D&C%@+%=%D+Z''()0
A'F57+&'.)a.TC+AF+5a'3 =&'M :?$&[a'i.H=+h?@&'C %@;9'^ %@?$)*$&'C /F+7&C+__+;&0?/+50
IJ/K+;?@+?$&.9^=&C&7+$?$&.%@?@
$?$&'­?@+?$)'R =&'B $?=&'C 1h&'0?@+$$@=)'8 %@+h9'^ A'.= &'y5>&C+ 1dF+.=)C$=+j8
%@&''.?$)8+$&''7 Z''*%}C+%@+;&a''3&K+h&''7 /C?$&''U %=%D+Aa'''B&C&8+_&'Ke+.=+?$&'8&0)*+$$+=
?=$&''K ’H,'8 &'.)U+Z'*%D)*+=D)'~ A7)'~ __?$/()'M =&'B&CAR+&'0&F+7&^+?$/C&'* =).@&'0
?}'''''.=+h?@=&'''''C&7+%@;&0&[a''''''i.H=+Ar)''''*9O+%$@&''''7 _?$&''''(?$/C+&''''FyK+E)''''. ?$/''''C
I)8+=$+AO%$++2)~=?@+$)aB?$+%@?D)(+A0&.?=&C$/*)^
Z''C Aa'B%+=+;?$&'U sE?T'C E)'i5>+A'R 1A'R ;)']5M+&'[…C+&'.?=&C$/*)^+$&'U Z'C?@
_%@?@+E)i5>+;9^+A(%D ;9^+A*)[+5M+h&M%=&n+&C+&0+z*&.?D&C=&Y+&*)5K+$&U+Aa^)B
&'()^+E)'5C+o&'F.@+A'F57%T[8+1j'C$/R=?@+?$&'F57%T[8+;&'…K&M+$)'a*)Y+ &7+&5*+=$$@
_?$&*)0&.;=).+;&[5˜&K
9'C ZR?@?$&'7 s__?$?=?@+&'a5…*)5+57+ ?$&*)FR$/*)^+$&U+&a+5yC+Z*%/(?@+$)5>+AR9C
&''FR&C+$&''U 9''C E)''. __jC%,0D)'''B =&'C&7+d'i.=$)U+A†)'^ &'Ž5C+'5C+$&'3$/3+&'0$/C
:E?T''C p''y5*+;=)8V&''> ?$&''*&0?@90+E)''.9^+?$&''€7&M+&'''C&0+j'C%,0+P'B$=@+&*—5'i>
Wspy+5*+&[C?@+E).9^+AR&0
$/8&'M IA'(/K+ ;T5U+__$/C+T*)0+=}C+Ak*?@+L58&^+__j.+,C++A(+;$)R+%=%D+;@=$&C
=&''B&0+$)R=&''C &''a.@+h&''*).)K=?@+$&''U ?$&''8&FCV+%@;90&'''C S?$&'($/C+b$/'yC+4+5a'3
:?$&(&*$/C+h}*+E)5*)0&*%=?@
_ j[+.$&[C%@+E).9^+AC?@+E+=&€…+5(+%T*)5+5>+j8+b?$+A*)B&0+1P+5C
`$&'''7 )Y$&''U __h&0&*)]a''i5*+?$&''].=&K?@+)''( Z*&''.)‰+?T''[5M+&''*)8?D+A''5ƒC+9''(
E%$)'''R ;&'ƒ5(&C+1J/'K?@+;&'8&U+s?$&'].$&[C%@+4'50$/yC+$/8&'M =&'…8%=&C+w)'*=)R)*
_%@f$/''O A0&.&'B)(&C+A*)0&'( ?$&'B)*&M+h?@&'C %@&'7&~+h&'7 __;+,'C?@+;=$$@+;9'B)U
$/C?$&''FyK+;T*&''B&>+;?=)''C=?@+&'''0 ?$&.)a'B?$+;9'C )Y$&'U :@,'0 z'C%@+;9'^ %=%D
__%TC+4+.=)(/K
 !#t ./0'123'456+*67

”
$)R&'0 :?$&'8&0?@+ ).=$+h9^+Acn&*+$?$&8&0?@$)R+1h=$/C?@%+=+%@&7&K+$&U+;V&C
&''''0 __E=$/C)'''''* d'''57+&'''7&K+$&'''U A*%$)'''5>+d'''[5O$/*?@+E)5*)0&.;T*&'''B&>+1A'''3)C&7
o9''^ d'57+E)'c.@+u%D?@+,(m)'C &'C ?$&'7 h9'^ 1j'C?@+&.A(&.%T['B&>+$&'C ;@$/'B&~
_jC)*
d[.?D&'0 __E+=?$?@+d'5>+%$&'U &'.&FyK+A(&.%T*&'B&>+A*&.)'3 ’H,8+&FyK+d+5+ƒC+&0
&''7 j''8 _E+=?$?@+d''5>+%$&''U Z''C 2/''0 %T*)''.G+&''7 E)''5*$/C+AF+7&''0 A''*@,0+Z'''> b=?@&'7
E)''557+d'i5O=+__Z'[….=)C+;%@+b$/'*?@+?+=&'3&C+4'i.,8+&'79>+d'R?@+?=%$)'U AF+5C)C&'7&0
__h?@&'* ³&'.)C+A'C ;=&F'B=)Y+1hD9'ƒ8+ &C+Ak*,K+&0+h$/()M%+=+?$&C+&F*/R+S?$&a+5C)*
&'7 ?$&'U :?$/a'i.$)M&*+=$$G+$?=&'C h9'^ ;p'( ³,'* Z'C 1b$/'yC+ Aa3+$?=&C+}5K=&M
_?$&''()0?@eC+;9'^ A'0=@+:;9'^ ;=&'> b&'.&+7$/Y+$/8&'M 9'C &'0 ?$&a+5'3?$?@+4'i.G
%@+E)'.9^+;?+=9>&'0&7+?$&'()FC++N+hp'C E)'5F+58)0+ 5M+;?$&U+ZC&C+E)0&8$@=&8+&FyK
o)a'c5U+SA*&'(?@+9'C d'[.,Fn++A'( A39>=&B+&0&.?D%T*&U&C+E).++,O/>&O+:E&0?@+dB)C
%@+E).9^+;?+=9>&7&0+:?/5*%D&*+d+5>+=&C+$&8&7&0+h,K?@=?$+b&.Ak*?@+ZC+?=9Y&7+e+5R
:E)'89^+9'C o&']5U+;9'^9C+$&'U :&.?$?=&'B&C+ E)]5R+IZ+7?@+;&0%,C+&aB?@&C+&*).&M
)''C &''(%$&0+__)''0?@+E)''']y+5>%=+1b&'.m&C+&'(?$$@,0+;%@+$&.?T[M&'B AF+.=$&'M &'F*/R
_j.}+.=)€C++N+A*)89^
d'''57+P'''i5M+;&''''* $@,''0 L''50+2&''> ;&''0&+7%T[8+%,+5''^ A''[5C+dF+5(?,n)''U Z''[.$@
;&'''*%$)R$$@+$&'C )'*?@+?$&'*&‰=$$@++N+A*)a*)0&'7%T[8+W97&'K I;T'*%e5O+1ZC?$&'F.}*
WZ[+5($/B?@+E)5*)0&+7&FB)*+&*)5K
&'C $/C%$+E)5+5>+:&090+&.)[+5M?@+E).9^+PB&Ÿ*&U&C+&cO+&(&.)‚$&FC+?T*?$&U+=&M
__?$&'*&C?@+%@ ;%$@&'C 1E&'0?@+j'8 ;&'*&(=&n+12$/7?@=&'K Aa'c7&M=&C+ z090+$&8+,>
Ak*&'''M)U+&'C P'B&M+%@+j'8 Ak*?@&'7 P'c.$?@+E).&'* 1z>&'( E)'5.9K+E)'B,(&7+;T'5U
_E&FC+A*%=&8)0
 !"#'%&'()*+,- !t‹
45C)C?=&'C hm&'C :j.&'FC+E)^=&'( ;%=%D+9'C &'5*+?$&a'B?@&C+ E)8?$&U+Aa^?$+j+5+7?@
sAC+AR+AF+7&0&C++AC?@+%=%D+=&B+&a+.G=&>&*+;=&B+5M
;T*&89F'3 =).@&'C u%/'(?@+j'8 )'.)U+_¾()'M j'8 A*%T+5>9F'3 9'C &0&F+7&^+E)|,K
&'''0=@+j'''8 9'''C E%$&''''U A*%/^)*&''B &''0 A*%D)''* ?$&''U ;&''U sd[+5n&''‰ h9''^ ?$&''*%$&U
;&0?=%$&[+./3+d+7)­%@+A89^&7+1w)*=)(/O+A+57+`,kC+9+ƒ0+?T*?$&U+=&M+$&F+5[+5ai>
A[+58?@
&''(%TC+`/''K 45''B&0+=&''MX+Ih$/''C &''F.@+A0&.Aa''B%+=+;,+5''n %@&''F7&^+h&'''U /5*&'7
%@+L5a'''B%+=&7+__ˆ?$&a+5'3&CAC++A'C%=@+A'5>+;?$&'U %@?@+E)'i5>+;%$+;=%D/'K ž)>/'B
W?$&(%TC$‘B+%@;9^+;V&C+E%@++2&M%T+5>+1AB$/7+E)8D+Ak*&B=)>+&.?$&U+AaB&C&8
AR)'O __sE$/'C A.)'C E).9^&'7 &.?$&*$/C+4.}*+?=9Y+h&C+&.)U+IjB,€C+u)0&R)O&7
A8)'Ÿ*+$%$&'M ;&a'B&C)>+ 5M+)8&B+&*$&FC+E).9^+;$$D?=)U&C++¦C+o9^+E)5+5>&0+j8
S$)R=&C+&[[+5M?@+&*)B$/7+E)8D+E)5*)0&FyK+?T[B&>+?=)0)U+&MH,K+$&U+_jC)*+A(&….)(
&''.;=)5a^&C+A''n?@+)(?$&''U __E&''FC+L''50+9'''C E)'5[8+A˜=&'B &'.?$&U+9'C A'3$/8&M
h9^&'''C o&'''C __E&'''FC+J&+ƒr&''''B u)0&''R)O+%@Z0+=&''€7&M+&''7)(+E?@?@++N+E).&0%/''c.=
b$/'yC+1j+.@=&'M L5*%$&'U :d'89^+;=%@)'K)U+ 1?$&8&0?@$)R+h+=&>?T+5(+%@+E)./+5*&C&0
h&'U A'3$/(+&'3?$&U+=&'M E)'.9^+A5(&.%T['B&>+ ;&F[C+&(&*).$$@,0+;?$&U+_?$&[C?@
$?$&[+.$&l+%@+E).9^+A(&.%T[B&>&7+&*)50?=&K+&F*/R+SE$$@,0+;&.?$&*$/C+b$/yC
?$&'*).V&C+1E$/'C f)'O %@+E@,'0 L5>?+=9^&'7 &k*?+=$&C+)U+:j[+.+,R+AF+5(+?$&3D%$&*&C
;&''k.=&7+œ''B90+&''(&*$/C+&'''7&K&C+&'7&K+1E$)'*D+f&'M ;9'C 9^?$)0&'C )Y$&'U _&'39^
_?$&[+5F3&*+%@+o)>&C+1E=$/C%+=+?$&i+5>&7+E?@?@+E)0&(+AaB/R+&C&0+%@&*%$&U
9'''C $?$&'()0?@+e'.=@+¢'8 ?$%$@+9'C &'[5…0&.+AR&'0 `,'K?@+?$&'i5>+;=)'C $&'*).&M
_?=&K&(+1œB90+&a+5C?@+E)0?$/($&0+j+./3+A($?=
AR&0+__jC&*+EDH=@+%@+E).9^+;@/^+f&K&7+E)0?$)R+1)O+;=&C&7+=&B+&ac./+5>
W ?=?@&C+D%T*&U&7+EDH=@+%@+E)0&R&C+ž&0)*+/+5*&7
 !t! ./0'123'456+*67
Aa''c.$&C+E).&''[.=HD+hm&''C __ZC&''M ?@%p''U 1P''c.$+E?$)'''^ %T*)./+5*&'7 &'5*=$$@
hm&'''C $)R=&'''C &''''*$&0?@+P''i.D9B+f@+%@+E)./+5*&''7 __E=&''K ;=)''0 E)''.9^+;&''kŽ+5C
;?$&''U ZC&''C Z''[5C?@+?T[.)''† ;=$?@+$&''*).&M+:j*)''0?T[.)†+&''0 &'7HD&7+E).&'[.=HD
E&'']K?@&C+_Z''*%}C+A'57+;?$&'U ZC&'C ?$&'i.)†+&'a.$&0?@+E)'. __ZC&'M ;9'^ Aa'c.$
_%@+E)0?T[.)†+;&aB?@&7+L5(&….)(&C+W`$&FC f&M+%@&MH,K+$&7+D9c+7@
$)5>&''C E)''.9^+E)''(?,n)U+&''8&0+%T''5(+E)''55(?$)5>+A(&–'''B 2&'K $)'5>+&'F*/R+?,+5'7
45''B&0+)5*&'( %@&'*%$&U+/+5*&'7 _j'C?@+%T.&'> ˆA*%+=/0&'*GX+?$&'8&7+&'(%$+:E&'0?@+¿+57&'~
%T''5(+A(?$)''5> ;$%$&''(&C&0+Z''[5Ÿ+7/‰+&[5O&a''B%=+A(?,n)''U $)''FC+@%D)'''U EG+Z'*%/(?@
_ZC)c^?+=
Aa''''''c.$f&M+h$)R=&''''''C &''''''($&0+%@&''''''F7&^+$&''''''U /5*&'''''7&0+P'''''3 j.q+7&'''''r?@
Aa+5''B&0+?$&''*)5*)0&*)8=&n=&C+A.T[''B&>+=)''0)U+;&.)''B&C+&'''0 $/'C E)5*)0?=%T*)8=&'n
;$)'''* &'K$)R&C+E%@=&'K ?$&'7)K+&'7)K&C &*)a'B?@&C=)0+$&'U o)a'c5U+:T'*%/*?@+E)'.9^
:&'''FC+J&'''8}^+:)'''0?@+J&'''8}^+:@,'''0 A(&'''8}^X+I+j'''57?@ &'''0 SE&''''0?@+ˆˆJ&''8}^XX
ˆTaM_"E)a(&8}^+:E)‚&8}^
A''''''>9(+=&'''''B&0 ;?@&'''''*=)Y+1P'''''5C+Wh&0&.;=?$=&'''''B :=&'''''B&C+P'''''3&M+b?@
WsA*)58&0&.;=&09*+1A*)5*)0?=)F(&8}^
;&K=)'''3&~+&'C @,'0 ;9^)'( &'B$/B+&'($&0+$%+,'C N ;?,'O9U+j'8 ;)'k5*+h&'0&^%@
;=)5a^&'C &'0 Z'C$/C+E)\'*&>++N+u%$&'U ;=)5a^&'C ZC&'*?$+:%@ E%$&'U A[+.$G@+1A+ƒr?@
%@=&'B&C+E)'.=9^+AF'i5(&0+Z'[.D$?@+?$&'*%=&˜&>+&'3$/3+$&'U =&'B&C+ &.&i+58+$&U
%@;=&'…8%=&C&7+Z'…a.@+h?$&'[()M+ %T+5>+A.?D&C+?T*&R+%@&MH,K+$&U+/+5*&7+__?$&a+5F3?@
&'''''F*?@+&'''F*?@+À+;?}'''.= b?$+Z'''a.?@?@+E)5˜=&'''B&0+_?$/($&'''0=?@+9'''C d'''5*$/C?D
”«
_E&0?@+A*)C?,\58+1A[5C%$?+=+&C+&+7&8)8+&[3&R+$&C+o&*%$&U+{`@+%@+b&.=&B&C

ˆˆ;,^V%+Aƒ+)\(T~%$+#$%& 2)8,7%+§/…±0+I!tŠÁX+9C+”«
hm&'C :%$+Aa'3 1 ˆ2)'8,7%+ ¿~X+E).+:`,(/K?@+L.¢+5~+&F*?@&C+ˆˆ2)8,7%+¿~XX+E)c.@
_?$&.%@+N d‡+;&*%@&*%@+ " &C+=&M+j8
 !"#'%&'()*+,- !t”
__&'ƒ.)O+A(&'.&M+;&'.;=)5a^&C+ &8&0+$&C&0+?$%@++N+AnV+$)R=&C+&a+5…($&0+u)58)0
=&'B &'()^+AC)'( ;@+AF+58&'0 &'a.,C?@+ž?$&'M ;$)R+S`$&0+)*%@+o?T*?$&U&C+hm&C
;=&'''3&7+?$&'''*%@&0)R&C+E)8&'''(&C+4+.T*&''''M &''k*%$+=+h&''C __ A(&''.&M+;&''.?@=&R+$&''U
1E%}+5'''M%@+)5*&''( %@?$?+,''.=+h&''7 h9^&''C o&''C hm&''C __E}+.=)''€C+E)''.9^+&''0 AF+.T*&''M
;T['B&>+=)0&'C &'(&+7&8)8+ $&U+%@+E).9^+/+5*&7+L5*%$&U+?T*&R+=&M+:d[5C?@+A09[B,(
_E&0?@+$)R?=
j'8 :&'5*+?$?}+5M&'7 ?$&U+jC%$@+;+,K+1;,CD+&C+&*)8V?D+?=9Y+$&U+J$&F+.+=&C+=&K&U
AF+.m&'''M ?T*?$&'U =&'M :&'.?$&*)5K+=/O+A*@,0$&'M A8)˜&'U&7+&'0 ?$/($&'0=?@+9'C h%$
;,0&'8 AF+57&'k8$@=&8&0+;)'U _Z'C?@++=@+$+,'K E)'5k*?@+J$&'0 E).9a'B&U+ =&C?$+h=&K
j'Y9K+%@+j'(,K%@+P'i8&7 AR&'0 E=)C&7+1o$/3+E)5*)0&+79˜&>+?=).@+%$&U+WED)…+ƒ+5n
_?$&[+5a3/*)*+%@+E)5aB?@&€7+=&B&C E)5*)0&˜&>+1
:Z'R)*=?@+A^)'Y?$)*+1E$/'C 9]aB?@&7+&.%@+E%$&U+;$)C&7+;&.A(&.%T*&B&>+$&U
&''*&FC+L''5„H,8+/F+7&''C :¯&''B &''*&FC+b=/''K &'''0 ;?$&'U &(&*$/a'i.&K+?$?p'….=+h&'7
_E&FC+A„H,8 ;@/^+A(m&B?@+AR&0+¢8+1A+7)8+A+7?G)U+j.q3)C
{Ij+5+7?@+?$&[5*&F+5>+1·.&0&C+&*%$&U
E)''.9^+1E&''0?@+)''K ?=&''3 %@&''*%$&U+A[.&'''C&7+?$/'(,K+E)'89^+A[+./'3 &']5U+?D)'(
:Em?=&'C %$=&'> Z'C &'0 %@&'*%D%=&C+?$?+=+$&'U A[.&'C&7+)M?$=&'M __?$&.AB,(&8+&*&^?@
__?$/(,K=?$+E)†)89^+A.T*?/+5*+A(&+7)~+%$&U+;T5U
:j+5*?@%@+AF+5>/F+.+=&C+E%$&U+;&(&7)~+h&U{
_z>&(%@+1E%=}+5M%@+A(&+7)~+&7+&.+Aa.,C

_)Ã*%+I+A[5C%$?={
 !t  ./0'123'456+*67
_%,0=&'C&7+E)5'39C&*+ 1vi.&K+A+5(&*+hm&C+@,0&7&K+$&U+9C+h=HD+;&cO+?T*&R=&M
_E}+.=)'''€C+A'ƒ./+5C+&'7 E)'.9^+Id'5ƒC+E)'55>+$=)'KG98)U+&'8$/C&*&0+$/'C ,.&'BZ>+E)'.=HD
Id+5+ƒC+1d[+5O&ƒC+h9^+%@+E)./+5*&7+d5*?=)KG98)U+$&U+j8&0+&aB%+=+AF+5a3+&8&U
$&'U A8).&'> j'8 Z7&'C __j[+.+,n&'* N E)'a7/>+$?=)'> E)'0?+,C+E)'npK+__j'C ).=$+W97&K
_?$/aB&C&*+h9^+;9aB&U+&7+h&[5n&K+?=9Y
?$&'8&FC+=%T'5C+E)0?e8&'K $,5'M $/…(,K&*+h9^&7+h?$&U+&0+$/C+?=&8&B+?$&*).V&C
E)'5./K+?=)'.@+__Z'C ?$&'*%=)KG98)U+1;=)'KG98)U+1+E).=%T*&'> $T*&>+;V&C+E)539M+)(
=&''B AC&''0?=&8+&''8&+7&O+;?+p''Y A[''3&R&C+! &''0 ZO&''7?@+&'*)8%=)0+)a'B98)8+$&'U 9'C
_j[+53$+,C+E).&K%+,0+,0+?+=&*+1E%@+x*?@&C+{&a^&(
&''0 E&''FC+J&''[&7&C+E)(&*)09[''B,(+&*)a.&''3 $&''U I&''.)[.+=/‰+%+=+d''5(+=&'K&U+9'^
1Z'''[.=)C?@+h%@+%$&'U &'.A(&.%T*&C+A'[(,K+?$&k['B&C+P'B?@+1E%D$/'* 2&'M&7+E).D&'~
E)5''3$/*+,0+;,+5''n ;&*).)a''B98)8+$&''U A''k*?@+_?D+=)''8$+=?$)C+Z''C %=%D+I%@?@+E)''.=)Y
&''7&K+A+./K&''C $%pK&''* A''> h9''^ L''5[8+_$/'''C?@+f%D+%@+E)8&'U A'k*?@+=&'B&C+E&'0?@
?$&'''.)*@,0&*++N+h}+5'C =&'K&U+W+;=&'C%/^&7+1j.@Z'C ;%=%D+d'[8+IT*)'€R+%@+h&0)a'B98)8
;&*&''''3&(+N/''K 1A(&.)0$/''B %@`/0&''7 j''R?@+E).=98&''7 &''F*/R+:?$&''*T*)Ÿ5ƒn+h?@
_j+.+=&K?@+f&M+%T5+5>+ZC@,0
%=%D+$&'''U j8&''''0 ET*)''€R+%@&.)a''B98)8+&''7&K+$&''U A./K&''C h9''^ A*)0&''cO+Z+7&''C
/0?$)'''( SZ'''Cq[.@ZC+%=%D+&''''7 =HD+E&''FC+dF+5''B&0+;V+;%D?=)''3 Id+5+ƒ''3?@+1h&''[.T+5C
_ZC+o9^+d–.&0+1hD)[C+A*)0?$?+,.&>&C
j'R?@+j8&'7 &*)'B&0+$&'U sj+./0&'7 j'R?@+j8&'7 ;&*%$&U+__d[.@++¦C+;%=%D+j8+Z+7&C
`,''n E$/''C ¢.)''O $,C&''B _j''i^&C?@+E)''.9^+;@/^&''C =&'''M E)'.9^+A'(%D+Aa'c.$&0
A''5>+;?$&'U _,n)'0 ;%=%D+d'[8+_E&'0)* E%@?$&a'B?@&C+9'^ &'7 L.D&'~ $V+$&'U &'*?@?@
)'''K?@+Z'>)(+d+.+=&'K?@+A'57+1h&'0?@+;V&'MV&M+%@+h9'^ A7&'˜&8+&'7 J$&'F.=+`=e'5C?@
%$?+=+&'cO+;)'r)U+b?$+J$&'F.=+&'ƒ5^+?/'.@+ h=)Y+=HD+_h9^+A0%=9^+&8&0+;?@+)Y$&U
9'C d'3$/*+,0+?$$@,'0 ;=)'R)*+$?$%@+A'($/7+&'7 j'8 Aa'c.$+hm&'C ?$/()'M h$$+= $?=&'C
 !"#'%&'()*+,- !t¡
&'()C)*+)*&'> P'BH@X+ I?$/(/K+A+5>+h&0&ac.$+:h?TC+;?T+7%@+h9^+;V&7+?$&a+.+=)€C+$)…C
ˆWPBH@+;&kŽ+5C+=&C
__sh&''FC+Z''0 9'C &'cO+Z'C?@+Z'yC+h9'^ Z'./K+&'7 ?$&'[(/0&*+b&'5./K+u)0&'3$+&'0
IZ+ƒC+$)FCf&M+Z(+?$&7$/7?@=&K&C+)(+?$&8&0?@+E)Œ)U+$?=&C+h9^+Ak*?@+f)~+=&M&C
$?$&'[C?@+?$&'*%/(+$?=&'C ;T'5U+__j'C?@+ q0$/B+GH=&C+GH=+W³)Y?$)*+N&k8$@=&8+;&U
_E&^?@+Z(+E)(+,O+E)a[(,K+%@9^&C+E%@+A8=&*+1E)a*)0&.;T[B&>+&FyK+__j+53?$?@%@
;&'[58?D+$&'U :j[+5M?@+=HD+Aa3&7+L.D%$+1j[+.D)B?@+E)(9^+=HD+?/+5U+W&[5F+7&^
=%@?p'> ;@&'O &.)U+_A*$/C?D+1ET*%D)B9^+A+ƒK&7+&.Aa.,C+?$$@,0+E)()†/3&*+%T5+5(
1ZC?@$&''a>+Z+7)U&''* E)0?@=&'''C &'3)K&7+1jR&'*H=+%@;$?D+A*&'O?=&C+A*)0&'K?=+=&'K&U
_sZC?@+o&0+E@=&K
?/''5U+__E&'''0?@+j'–0+A*$&'( A(&'.)„H,8+;GH=%$@+9'C ?$&'*)a58&^=&a8&0+;&.)'B&7
A*)0&'''R?$+A[+./^&''''7 b%=9''^ 1jF.=&''^ ?$?@/''M Z''C ;=)0&''C 1E&''09+7)Ž+7)Y+&''ƒ5^
WsjF+.D@+E9R+%@+j(,K=?$+P3&7+;)U+:E,K?@=?$+$/()M%@
2$)'''0 1J$$+=$$%=+AF.=&'^ 1j'i50f&M+9'^ ?$&*)a*)0&.;T['B&>+&0$/'B&C+?/'5U
A()0&'''7 &'''F*/R+S?$)'''8 %T'''5(+E)'''55(?$)5>+Za^&'''* L5*)0?@=&''''Y J&''*)*&(+_j''*@,0
&'''(?$$@,0+E)'a8%=)U_E@,'0 2$)'0 &'*?@)*+P'B?@+{)0&'* Aa'c.$Z>+=HD+)'( %T'($$=$$%+=
hm&'C :&'ii^&C+A*)'C &'(?$)*+E)aa'B?@+;?$&'U j5ƒ3?@+EpK$&+7&M+?$&5+5>+1b&.)8&[C
;@/'^ 1E?@=&'Y E&'kC+Z'( =&'K&U+9'^ __&'.Aa+.D@__?$%,['.,n+ &0&a3+Id+5+7?@+E)a+5>+j8
_E&0?@+?$&($$=+E)(9^
b&'.V&C+ b&.V+AR9C+__+?$&*&0)*+²)B+E)(9^+Aac.$+1j[+5M)*+A.%+=%+=&7+D%$+AR9C
_?$?=)0+;&8=&K+&*?TC+`+,n+E)(9^+E).+?$&.A+7&8&(+A^)*+&[yC+)(?$&U+E).+:E&^)*+%@
?$&'i5>&7+hm&'C __E&'FC?$&U+P'c.$+E)'a5RXX+Id'57?@+ AR&0+vi.&K?@++A(+&KD9^
o9''^ E)''(9^+b?$+E)a*)0&''B&0+1h}''^ _P'''c.$+E?$)'^ &'[…C+E9'R E&'FC,+5n+E)'(9^
_`/C+o9^+E)(9^+?$&i+5>&7+hm&C+:j+./C
 !t" ./0'123'456+*67
A'cn&*+?$&.A(&.)0$/'B j.,(?=$&'K &'C 1Aac.$&39^+j.,(?=$&K&C+&*)(&M+&.)U
s`/C+o9^+;9^
)a''i5M+j'8 A()'B sZC&'* E)a[8+=&'8&7+Aa'c5C+`/K&'0 &'.&M+A'R AF+7&'0 &'cO+)'.)U
__d5*).&'C j'8 __d'89^+A'(%D+;=?@+A'[5K}8+1E)'(/+5*+&'‚)M+%$&'U __?$?=&C+&(?$/()M&*
_&F.=)(+E)C$)k+.=+E)]+5M+1d5*).&C+;,+53+&7&0
Z(&''C __?$&''a5C?@+4''.}*+o?/''5U+A()''B j''8 A()''B ;?$&''*$/C+4.}*&'''C J?=)C&'B
;)'''5K$eK+&''(%$&0+__j''C?@+bHD&''* $=%G&''M`@)(+__?$&''[C?@+b$/''yC+=)''KGH=+A*$/C+=&''>
_?,(,+5^++¦C+)5K$eK&7+E$/R=?@+?$&0&.&[58?D&7+1E+=&n@&C
__Z''C?@+HG9'C 1J&0&'3 ?$&'.9^+P'B?@&C+&'.)5K$eK+$&'U Z*&'.)^)*+?T'[5M+&'*)8?D
_&5*+$)U+;$/[5(+$?,K)U+;$/[5(+Z($/B?@+&0+%@+o&()0$&7
 ?$&'''U Z''''C?@+_&()''B j.,(=?$&''a^&C+&Ÿ''i.,(+?=$&''M ?$&''()0+;?@+;&()''B $&''U
?=$&'''M 1A[+5\''''* h&''7 h9^&''C o&''C s?$&''(%@?@+$)''(?=9^+A''i5>+%$)''U Z''C b&''.A[+5\*
h,+5''*?@+&''*%=&…8).&>+$&''U __h&'''0?@+A+.+=&'C 1da'B&C?@+f&'M ,K)'U ;&'7&K9Y+?$&Ÿ'i.,(
_E&FC+&3?+=&M+?$&*D&8+;$)(?=9^&C+1E&FC+&cO+&c+5+ƒC+A*)8D&C&0
"J/K+;%$)U+%=%D

! 62J,)<!=2!FK!#$&$L
9''C d''89^+A*)0?$/C?$&[5'''3 &a'B?@+__hV&'(?$/()M+$?D)'C ,0&'8 A'F5*%/58+E)a'BD
AR&''''0 `$?@+o9'''^ h&'''*%/58+$&'''U ?T*&'''R=&M _h&'''FC%@+b&'''(&7+;&'''O$&(+@,'''0e+.=@
1j'.,Fn+ Z(&7 A.)8=&K+1d+5+7$/Y&*+h9^+AR)O&C+)(+__h&FC+=)(/O++N+A89^+h&0?@D&~
1h&''''0?@%=+d''''O$D+P''''B?@&7+j''''8 __ZC)*=&'''''C ;&'''^&.&7+h&'''^&.+`+=&'''K&*%=+u)0&'''OV
$&'''U __E$/'''a.?D+?/''''50+&''8&K?@+)Y$&''U :Z.&''*N ;)''C ;&''ºK+4+5[+./''3 ?$&''8&0?@$$=
h&''0&O?=+f@+&''*%/58&C+$?$&''].$&~?@+`$&'7 S?$%@%@++N+A'09R+=9'^ AF'i5(+;&[./'3
L''58+1+{&''O?+=$&O&(+{&½5''3&C+?$$@=%/''^ A'''798+%@+4+5[+./5'3&7+&'F*/R+Su&'0?@Z>
 !"#'%&'()*+,- !tŠ
&'''3)8&(&C+__Z'C?@+g+7&'O L'58+$$@+14'i58+;?D$+&'C &'0&*%/58+:`,'./C?@+%+=+v'3/0
;&'–.,(+&'a.=9[C+b&.?/+5'3&C+A(&'50?=&K+J&'*)*&(+__A*%$&'79R+ &()FC+4+5[+./3+$/8&M
_?$&a+58&+ƒcC+)k+.=+A*)acF.=)(&7+&0+$&3+&k*)8
;}'''.= &'''*%$)5>+%+,'''3?$&U+f&'''K&7+:Z>&'''B?@%@+$&''''B=/O%D?=+A''F5*%/58+Aa''B%+=&C
E)0&'.A*)*G+&+ƒ'3 E9'R b?$=&'M __,K)'U ;%/'^ =&'C &'8&C)*+o)*&'> 1&5*+d0)C+:h,K?@+N
%@+E)8=&''''B&7+H,''''8 &'''''.%$+q'''3)C+_E,K)'''U ;%/'''^ A'''[.$%@+&a'''B?@+1j'''B,(?@+A'''57
h%$)U+u)0?}.=&r+1b&8?+=+&5*+h9^+PB?@&C+_E)0&aC+=&C+&()C&*+)*&>+1ZCA*%@@;&O9R
¦''*98+1;D&'''r?@&7+&'0 w)'* &'[.,K)U+&'aC$&U+A(&'.)[8G$@+;=%@=&'C P'B?@+__j+5+7?@Z'>
/0?$)'( `$?@+o9'^ hq'> )*)a'BD&7+`/'C o9'^ dF+5B&0+=&K&U+_Z[+5aB?@+,K+%@;9^
_h}+5M&'''C %@{j8G$@&'C E@,'0 &'a7)K+{&'7 h&'0?@?$&U&C+P'B&M+%@+E)a'BD&7+_%@+j.$)M&'7
! )'B$&U+Sh&'0?@+h9'^ A(&'.%D)U&C+P'B&M+d[+5+7)'U?@+?$&'89^&7+&'½5>+ %@)K$&^+&7&0
&'*$&^+?$&'i.V$&7+__z*&'F5>+1f)'K &'7)K+&'()0+;?@+h&'0?=%@D)*+ %$)B+&.+{;=)5a^&C
_?$&[[+5aB?@+;9C+?$)O)O&C+u)0&*DH=@
$&''U u%D)''* ;T''5U+__?$%@&''* h9^&''C u)0&''( ;$&'''O A'5>+14'3&U&C+E%GH=+&'7 `GH=
&'''a5C@,C+h)*&'> L5*%=)Y&'7 `=)'Y =&'K&U+__s&'5R+?$&]a'B&…C+=/K+)'0?@++N+h=HD+;&a'3
A[8+A+7@+$&0&.%@$&B+&8&U+_&]5ac.$&39^+;?@%D+h&0H=@+&0+?$/C?$&U=&C&7+H=@+=&C
E)Œ)U+;=&C+1w+£+5M?=+h&0&n&½+5>+=&B&7+%@+o&()0$&7+J&….)(&C+_?$$@,0+?@$/B)U
_ZC%pK+m&M+$=$&M&C
;)K$&'''^&7+?T*?$&'''U ?$&'''­?@+h=&'''K %@+³&'''.)CZC+$?@)''''BAn&½+5>&7+AF+.T*?$&''U
$/8&'M $)R&'C __h9'^ A.=%G&'M =&'B&7+h=$/'B j'8 _?$&­)*+h=&K+%@?$%D%+=+1f9*/8=&*
b&'''.A*).&C+$/8&'''M &*%=)''''BV+_&''8=?$).+1P''BH@+%@ E)a''BD&7+;=%G&''M ?$&''*)0?D=?$
9'C )5*&'( d'3?=)0+h&'U :h&'0?@+L58&'7 h)8&'~ h9'^ @=)'B ;$)U&'C 1d'.@+ h9^+o9M&C
1Z'''[5n,ƒC+%@+h$$+=&'''C d'''3&O?=+f@+&a'''BH@+$&''''U )''C __h+,+5''kC+E)a''BD&C+hD&''C &''.?$&U
E)a'BD+;)F.=)(&'C ;=)'. ?$&'0 A'F5898+A0)*$$+=&'C &'39^+d'5>+ %@&7&~+h&7+_Z[+50,[C
A''''i58&+79^&7+=$/''* &''Fy[.+,>+)Y$&''U __ZC)K)U&''C 1h&''FC+2D++N+;&0&a''3 )''( __h&''FC
_)FC+&*%$?=+?$&.9^;9B)U
 !t« ./0'123'456+*67
&''0 __%@+b&''.&C+E?@&''U %@H+=?$)''U h?@+=&'''C&7+³)'R)O+/>)'O %@&'()0$&7+%@+E).&'C?=&C&7
=%D)''U A*)''5K+%@&()''B $&''7)U+Z''[5ƒ5~?@+$%@+h)O&'''3 ?=9C&'C Z'(/0?@+d'B ?D=&'C &'^m$
&''0 ?$&''*)Œ)U+&''7 h=$/''* A*%$+=?$)''R 1da'''B?$?@+•&'798+)Y$&'U _Z'[5M?@+h=&'C&^&C
;)''U _?$&a+5F''BqC+,n&''C ;$/''ƒ0+b?$+;=&''B 1Z''R?@+''*,C+1o)''8 L'''.=+AF+.p>&'7
__&'7%D+%@=9'^ =&'B&C+o?=)'Y =)'Y __Ws?T*&8+1J)8+?T*&R+E)aBD+A*)Œ)U+;9B)U&7
?$&'*)Œ)U+$&'7 L'.=9^+A'5ƒC+9'( __A'ƒkC+?$&'.9^+A'k*?@+Z'C &'7 )(+Z[+5M?@++N+;D%$
?$&'''[8&7+E)'. __Z'C@,0+g5(&'O ;9^A50)'*$$=+%@Ak*?@Z'C 1A()8&'7 :Z'C$/C+=%@$/'^
h%=&'n ;9'^ 9C+;&.A()8/i0+h&U+E)8&0&.+=&M+&i.&*%$&7+WsZC$/C+)M?$)U+Aa3+;,+5n
_sZC)[+5M
/5*&'C ?$&'0&.+A'39^&C+&'F*/R+S&'.&M+E)'.=9Y+$%=9'Y ;?$)R=&B+E)0&0)R+&a3
_jC%$)U+1E$&0=?@?$+%,+5^+z*?$&U+_E?@?@D)C+%T*$/C&M
=&'C&7+=&'M __&'.&*)–.&0&C+ &3)C+&a3+$&U+A3&C$)M+;?@%D+L5*).)>+ZC+A5k*?@+ZC
j]+5M+;)k5*+$?$&(?$/C+o&K+E%=)C+o)>+A*)Œ)U;$$=+b?$+L5[8+;$$=+&0+&.?$&U
L'5[8+`,'K?@+;9'^ ;GH=+;=&'C E)a'BD+A*)'Œ)U+E9'R _?$&(?$%$&~+%@+u)0?$)R&7
h&'U ;,+5'n ?$&'i5*)aBD&7+ __h?@?@=)3&~+h9^+Aac.$+1d39>?@%@+h9^+;=9^+;$$=
Z'''C P'''i5M+;&''''*&0+_)''[5M+P''B?@&C+d0&''.&ƒ>+%@+h?=&''*/M+h&''7 _h$/C&''*%,0&8+?=9''Y
A*T*)(&''7&^+1E@,'''0N £5n&'C J)'MN h%$+:+AC?@?D$)'* A'k*?@++¦'C ;@/^&'C h&'0&5k*?@
1h&'FC+E)5F.=&'^ ?$?@=&'* A.=)'. $&'cO&C+ __E@=%/C%= $&8&K+&8$&FC+E)0&*%D+2D&C9^
%@+j''8 Aa'''c.$+;+=&'> $&'U 1A.)'*%@+A^)*&'C &'5*+;9'C ž&'0 &'k*?+=+h&'C )'U _j+5+ƒY&'‰
_;=%/^+&(%$+,C
_PB&C&8+&‚)M%@+o%$)U+@,0%T.&>+d.T*&8+1Ak*?@++AC&0
%@+³)*&'''''7 A*)'''''0?$)U+$?$&'''''(?$%@=&C+;T*&'''''C$$+=&0+?/''''.@+hD)''''…ƒ+5n+;$)''''5>+=HD
?D)'…ƒ+5n+)Y$&'U :?$&'.@)\5*+1P'3$,B+;+=&'> $&'U &'a5yC+ Z*%/(&*+ž&0)(+E$$T*)O&+ƒ3
A.V$/O&'''''7 ;&*)55''''''B)8$&U+A0)>=&''''B $?$%@+E)''''.?=$?@+E)0&a^&''''B =)''''0 &''''*D&8
_E$$@,0+E).$%=+E$/C%@+;)*&>+%@+A*)0&*%$)[C
 !"#'%&'()*+,- !t#
__?@=&'''KZC+1b)'> E)'5*$$=?@+1+2@+E&*)'B&0$&U+Z'[.=D E)'.)*+A'k*?@+Z'C ;&'*%$&U
?$)'U `/'( ,.G&'7 &*)k[+5\*+$&U+__`$&0)*=?@+4+.$)R+5M+9C+E).&k[+5\*+;+=&>+$&U+hm&C
_E).)>+ZC+A^)*&7+za.,C+%@+E)0&*$$+=
:j'8 A'cn&*+ 9C+A0&.&*)i5*+?$&a3&K+;$)R&C+$?$&a5€B+;$$+=&C+9(+W&0&*)Œ)U
J?$&'U =&'M ?$&'(/.@&*&7+o9'( ?$/'(,K+ ;9^+/+5*+j8+Acn&*+;&C$/3)U1o+=93+$&U
b?$&'* :?$&8=)'iC+h9'^ )0?@+Pc.$Z>+:ZC%@+J$/O+;+,+.D+;&B&0+$&U+b?$+_?$%@)*&>
=&'B D=&'C ;&'>)Ÿ>)O+ ;?$&U+9C+_h&FC+h9^+A*)5K+Ai.)†+%@+E)0?,k[+5\*+;)k3H,n&7
=)O)U&''7 j*%/()'''* }5K=&'M __E$)'3?$%@+;D%/^&'*90+:AF'3$+@)\'5*+&'*%$&U+Sd'i5FC+Z'>
_j[+5\C+f&M+$)R+%@+j8+A.=?$&a^&C
A'''R ZC&'* h9'^ A*)0&'F($/7+;,n&'C &*%/'B 1d5a^&'C@&C+;&'kŽ+5C+%@&'8&U+$)[+5>&'7
$/8&'''''M&C+=9^&'''''0 E%$)''''''R =&''''C &''''8&^)*+E).?$&''''U __h&''''^)*+=?@?$+9''''C E).&''''F.@
%@+j'''8 ;=?D/K&''7 =&''K&U+9''^ :)''0?@+P''B&C+=&''8&0+j''8 ;&''0?/+50+?$&''5*)0&.A0)*$=
}5K=&'M __h&'0?@&+7%$&~+E)'. 9'C ;&'.&*&(=&n+$&'U ;&0,*&7+&.Aa.,C+Z…ac5C+E)5F+5a3
_d[+5M+;?@+%@+h9^+f&K&7+1h,K?@=?$++N+;=$/3)C+&0+&.)*+%@+f@&C+E).?$&U
E)8&'M&7+__Z($/'B?@+d'5>+ E)5+7@+&F+7&^+h&U+h%@=)KGH=+;?=&C+$&[+5C&7+;?$&U+=&C&7
Ih&0?@+=%$)M+)()0
9''C &''0&.?}50)>+E)0%$)'''B &'>=90+b?$+L.$&'U __hV+&'a5C)C+:j[+5\'C J$&'F.=&7+D%$X
_;9^
$&'''.%@&*+hp''K %T+.$&''7 1d.=)5a^&''C A7}[''8 &''(&.%@,0&*+u)a''BD+;&''*&(=&n+=&''K&U
&'''*%=?D/K+$&'U ;)'*%/(+&'F7&^+$&'U )'.)U+_&'.)(,K&*+?$&'89^&7+h&*)a'BD+;%$&'0 1f$&'0
s$/C?@+E)5[8+;&.;=?$&a^&C
d5.?D&'C Ee'5R?@ =%D)U+%@+E).9^+A+ƒ+5n&7+;&*%$&U+A*)($/B+Z>+f@+=&C&7+j8+=&K&U
E%$&'''U A*)C?,\'''58&0+w+;D%=+1hD=&'''ƒC+%@+E)58?@=&''''C&7+)*)8=&''B&7+=&''K&U+1Z''7$/Ä
A7@&'''7 ˆ&0$/'B ª$$=+A.)'*%@X+b&'. ;,()'^ =&'C&7+;$/8&'M ?$&'U ?$&'()FC+9'C d'3?$)C
 !tt ./0'123'456+*67
&'''7 ;?=%D)'''U $&'''U __?$&a+.=)''''3 ;)''* 1Z''y5>?@+f&''M A''57+;&''.?/+.+,0+$&''U 1%@+h9''^
_)0)*+A*)\*&>+ZC+?$&i5*%T*&…+79M&BA8%D
__)'''FC%=+o9^&''* P''B?@&7+A(&''.?$&U+9''C ZCpK&''39K+`$&''.?@&0+ž&''0 `T*&''M
_ZaB?/C+%@&0&39^&*+A8?@=&C&7+A(&.?$&U+9C+&*)53&M
Id[+5M?@++N+E).D%$
__%@+E)aBD+;&a^&3+=&C&7+E,kC+j8+;m)FB+1z+7)*&7+`/K)C
%@+d+5>+)aa.?D&C+)C+__h,(,.&B $qk*,K+E)5*)0&8=&K+?=$$G&7+?$&[5+7)*+?=9Y+h&C+j8
_ ?$&a+5C
Ij+5+ƒC+)C+)Y$&U
W?$&a+5*?@=&B+?$&a^&3&C+%@+;=)5*%D+;)8=&B+&7+$&.%=%D+?$&U
Wj8+hm&C
AF'i5(+;&'k798&7+1h&'0?@%=+%@+ˆE$/'a.?D+;/'50X+ =&B&C+u)0?+=/K+1h=&K+&R)O&C
”#
_h&0?@+4+5*)($/B+Z>+f@+$/8&M&C+&a+7)K+1d[+50,R?@+%+,+5(+?$&.A*%=9K&C+%@=9^

;?D)(&'''C ?D)''''( AF+5*&''.V+:%@?$%=)''3 ;?D%/''^ E$/y+.$&''7 &''.;$?+= ?T''.D+?=9''Y $&''U ”#

1A*)\''5Y+AC?@&''U A*)''5K+A+5>&''C z''*%D+;?@+b?$+hm&''C __ %@A*)]+7&'''U A*)8D&'7 &'.;e+5…C).)*
_ 45*)8D+&[.+,C=?@+$/8&M+9C+;e+5…*%$?+= AF+5…7)O+&a+5C)*+AaiK
Z'C 45*)'8D+=&'M&C+E%=&'B$/*+A(&']5ƒC&0 &'*)8D+ j.q3)C+AC?=&+A*)8D+&0+&.&M+?T*?$&U
_gF5ƒnÂ+?$&a+.,FC+AO)(+A+5>
Å
IA[5…+5(
A'.G979ƒ5n+A*%$&'*)8D+?$&a+5F'iC+%@&n&'c7&n+=&'B&C+;?$&'7 =&C+&ia+5*&0+&.%,F3)U+&8&U
A'''0H,0+=&'''B&7+;&0&n&''''c7&n+;&''F[C&0+&''.?$&U+E).%D?=)''3&7+`T*&''M ;%=+:?$/''C A*)]+7&''U
A'C 45'3@=&K+%@;9^&'7 ;&'0?=%$G@+ &n&c7&n+=&K&U+_?$$T*%=D&8%@+?$&.&0&.A*)8D+&[.+,C=?@
W%@$)C+;e+5…*%$?+= =&B&C+&.&F.@+AF+53+=93+;&0&.;e+5…C).)*+%$&U
 !"#'%&'()*+,- ”‹‹
" J/K+;%$)U+%=%D

!
! *M!,#!8#$&$L
@=$/'C?@%=+%@+2&'K $=)'3 T*&R+/+5*&C+?$?$/C?@+;&0&($&F3&U+$)5R+$?=&C+%=%D+&0
&ac^+A+5>+&0+=&M+:J$&0+%@?=$&K+AF+.=)3+=&B&C+$)0)*&7+_@,0?@+;,r9U+9^+?$)0&C
__J,'K N A'.= ;=&'C $?$&*T*%$?+=++N+A+7)C=&>&R+b?$+:?$?$/C+J$/O++N+AF+5a3+?$?$)*
%@=&'B&C+ E).+ˆˆ%=%D+A0H=)5a^&CXX+;$)*D)*+&0?=)3+AF+7&^+T*)R?@+An&0+;&a+53+$&U
458&''0 :?$?@,''0?@+;%=%D+A.)''BV+%@&''cO+;$%=?@+1+2$/'''Y/»+&'7 &'F*/R+S$/'C “,'C
_$/C@,0+%T.&>+$&U+;=&F+57$)R&C+;=).T*&>
IT*%$@+;%=%D+&a+53
_ZR?@+g50&7+Pi.=HD+1“&K)*+4+58%=&8+5M&C+%T5+5(+$?=)3+?=$&K+?,+5U
P.?D&''C 45a^&'* &'(%$&0+sA'[5ƒK?@+?$&'^H@$=)C+h&'7 J9'^ A'R ;)>&'7 A57)'* d'5>
N A''(9^+A'–(+$?$&a'B?/C+A'57+?$?=)'3 ;?D%$=?@&'7 =&'M ;T'5U+S?$&'a5C+)'(9^+A+5>&'C
?p'C ?,+5'7 __;9'^ 9'C &'F5^?DH@+§)'.)*+A'[.,Fn+A(+ $pC+9C+?,+5U+_?$%$@+?,+.+=&kC+$&FC
&''*%T*&8$+,C)U+AF+.D9'B $/8&'M ?,+5'7 W$)'Ž[7+A0&'.&a+.$)U+&'[C?@+$?$&'[./(?@+E)0?D=&'C
E)'''.9^+A'''cn&*+$%@+b&'''.&C+E?T''C &''.&M+E)''.9C+E)0?D9''B &F''3$+)5*&''( :Z''3?$?@%@
_E?TC+=)Y

=HD+AC?=&'' A*)8D&''0 Aa+5….D)''* ?$&''Cˆž=)''n g''F5ƒnX+$/…''39^++N%/''^ =&'''K&U+)Y$&'U

h&'0&.@=/0&C+?T'.D+h?@)'* h9^&'C &k+.=+%$&U+:?$/()M+&.A(&….)(+&*)8D+$&U+A(&O?=?@+$?}+5M&C
WW?$?@,0+AO)(+di+57+:hD)[C
!"#$%
 ”‹! ./0'123'456+*67
9'C __j+.=@+,C?@=&'B E)'0?+=?$)C+ $pC+`$&7&0+?$$@,0&*+P*)0&*)‰)B&O+A*9C+`=&U
E%D=&'M &'C $%+,C=&B+;pC+`$&7&0+?$/R&*+)($/7&C+P*)0&.;+=%D)C+&*)½ai+5R+A0$$,R
sj3H,n?@
b?$+A[5C)'''* A*)'''C=/O+&'''(&*$/C+;&*)'''39K+1+o9''''M $&''U ;=)''^/C+1d+7&''M `=&''U
s?$$@,0+E)58&(+?$?=)3+h&U+=&B&C+f&0$$@?+,R
:E$%,''^ f&''M ,'''3 &7)€5'B b?$+:$)R=&'C &'*$&0)*+J&*%$%,'B%/+7&M+&'*)5K+$&'U ;&'U
%@&'''''0&7&k8$@=&8+/+5*&''''7 ;&''''*)(?D&r+$&''''8)*GH=+$&''''U &''''[C?@+?$&''''a.?TC+E)5+7&''''M&0
Ws?$&[+.,0?@$‘C
;&''8&K+&''a5C?@+1`+=9''K?@+%@?,+5''7 =%@&''3=$+A'''a–K+1E).&'C&0+&'5*++N+P'./K+`=&'U
h&'''U :P'''.,0?@+³)[½5'''B Z'''> E)5*)0&''''8)*GH=+;&a''i^+$)''*)8ZC+A[5[R&''cO+$&''3$
WsE).9^+9C+jF5Fƒ+./*?=&B+o&*)8)*GH=
;&'''B)0+E)(?$&'U __ j090)'* AR=&'B&7+j*%}'3)*+1E,'.$?@+;T0&'.&C+?,+5'U AF+7&'^
;&'''k[.=D+)5*&'( E&0?@)['3)U+Aa+./K&'C ;?$&'U :?$&'*&0?@+œ'ƒO+%@+b&'. =&'B&C+§?D&'r
W&*)5*)0?=)>
=&'''M __?$&''''[C)*+h=&''K ZC&''* E%@f&''M ;&''8&C+1E?p''B&0+&''7D+?=)''3 h&''U AF+7&''^
:E)5*)0?+,''B $@=)''B ?p''C ;&]''i.?$+=&''C &'''*&C?@)*&>+%+=&'K %,5'( E)58=&'K o?T*?$&'U
=&''k.=)0+A''5>+%T*)''39Y+;&''ƒ>&7+1j''C?@+&'''7&Y+%@+E)0&.Aa'iK+ˆˆ%=XX+;%$@&'C &'*)8&U
_jC?@
%@+o?,+5'7 =&'M E)'c.@+:&.;D)…'B?$&M+$T['B&>)*+ ;=)0)U+;)K90+?=)3+?=$&K+h&U
;&'''79˜&>+$?$/'(,K+E)'.9^+A[./'3 %@A.%=)'U =&'*/M&7+1&'.&M+T['B&>+AF+57&k(&–5'B
:?$&(&*$%D%=+&*%T[B&>+&(&–B+h&C;&*)B&0+$&U+__&.&M+E)5¨/O+=/O+A+ƒ3)>+1zB$/*
__?$&'(?$%=@=&C+%T'5>+E).9F'3 1j.=&n)U+;&*)i5*+&0+E&*)8=&R+&.Aai>+$&U+A*?$)^
E)5+7&n&0+o$/>+&7+E$/()M+hm&C+__jR$/>+£3)>+$&.&M+E)57&K+0+&*mD&n+E?$)^+$&U
_E$$@,0+PB$=@
 !"#'%&'()*+,- ”‹”
?T*&''''C?D+AF+5^)'''''Y ?$)'''* 1A'''09+7?}0+$?,'''n ;9F'''3 1E)($/'''BZ>+f@+%@?,+57)'''U
$&'F*&M&C+E)0?,+5a'B&U+%+=$&'U ;D=&'C &'.)>&7+&'F*/RSA''[5C?@+%@%/^+,F3&7+A8?@=&C&7
;&''8,>+Z''C o&''CZC+&*%=)a''B$&7+4+50H=&'''C 1x['B =&'M __?$?=%/'^ &'*=?$?@%@+E)0&'(
_)0?@+&*%$?= &5*%T[+ƒC+$&U+9C+D&~+$&B)(
_?$&[+.+=/'B?@+%@&'*)Œ)U+$&'C Ai5*)0?$/($&0+j+./3+$&.&M+;9^+A*)Œ)U+x*)8
9'C e'./*+$@$$=@+:%/^&'* =$/B+%@+E)0?=&F+7%/B+&3)C+&a3$?+=+f&K&7&0+=&F+7%/B+N&K
h&''''7 &'''.Aa.,C+o&'''0?e+./*+:?$&'''[57/^?@+%@+x*)'''8 ;&K+=$/'''B&7+)'''0?@+&*)a'''3 $&'''U
I&.ˆ·.,Ã(X+A*%@=&K&3$
E?$)''''''^ )Y$&''''U ˆˆ"@,''''0! E)5(&''''8}^+__E)‚&''''8}^+__&''''8}^+__+A(&''''8}^XX
$m)''C ;=%T*)8=&''n &''*&0?@+$$+=+E&''0?@+9''C ;,'''.$+?,'.$+?$&'*%@$$=@+h&'C L5*)0&'7D&n
&k[''''B E)''''C &''''a.=&€C+=%@&'''''Ÿ.,C+;&*)'''i5*+1j.=&'''n)U+?$?$&'''U ;&'''.)>+&'''7 E)8&'''(&C
_E)5*)0&FB&(
;@/''^ :?$&'''(%/^?@+2/'^ %@+£'K ;?@%D+1;$?D+;@=&'K&C+x*)'8 ;@/'^ AR=&'K&U
''5M+_j''.$?D+A8&''M=&C&0+?$&a+.+=$/''B?@+%@&*)a''3 $&''U ;=$?@+&''C E)'''c.@+=%T*)8=&'n
,F'''3&7+p'''8 :&''''5*+?@%}^)''Y?$+E)0&''3H,n+f)''(/0+;+,''.D+;?T''[5M+%@;$?D&''7 45a''3
oH,'n f)'(/0+ %$&U+T*%=D&8%@+;p…K&(+%/^+,F3&7&0+=&M+:&55*+&FB+&…+7)O+;T*?$%/^
_%@?@+=).+,C 1P+.@
;=)'3X+?=)'3 h&'U&0+h?@&'U JT[+./'B &.%Ta+5(+;&.&0)R+$}+5M+$=$/*+$&C+%$&U+W%=%D
;=)''''8?@+&''C ;&''[./^+$&''U _?$%$@?,+.+=&''kC+;T''5U+_A+ƒ+5\''C ZY&''C ˆE)0&''3H,n+f)''(/0
S&''FC+?=)''3 ?=$&''K h&''7 ·''( &'''(%$&0+__?$/'C g'5>+`+=&'K?@+%@?=)'3 h&'U A*%/a'i5*%@
_&F+50)3)^+1Ac5> $/8&M+AFƒ+./*?=&B+&F*/R
;=)''3 __&'FC++¦'( A'–(+J=%D&'C ,'> 1&'*)0?D%$V+E$$=?@+14'B&(+&[5'B ;=)'3 ?,+5'U
;=)''''3 __&'''''*%=)0@&C+;T*&'''C Z'''B $$,C)'''U Z'''C ;=)'''3 1A*)*G&'''79˜&>+1g5>$)'''R
ž?$&'M __Z[+5'3 ?$?@+E)'.%@+@)'B&n+;&'*%=98+?$/C&'0&+7&0+ %@+b&.+=&B&C+1b9[R$)R
WW__E+,5+ k*—5>+__E+=&K$=%T[.,C+__ED)C
 ”‹  ./0'123'456+*67
{?$%$@+?$?,+.+=&kC+$&FC+?=)3+h&7+·({
;T5U+IJ/K+A+5>+:?$&58?@&C+)*+AaB?@+%=%D+;+,R?@+An&0+)*)¨&^&7+;&a+53+$&U
_J,''K%=+=&'C&7+h9'^ :$/'C A'c.=+?,'n J&'.?$&[($$}C+$&'cO+h&'UWW&'C x'*?@++A'C $&'B&C
)B)U+E%$&U+1AC A*&ai5*+?$)F7?D+h&U+;=$?@&7&0+@,0+9(&7+;%$+AR+A+5+7)*+d+5>+;@&U
sW__4i>$$@+1•9C+&a5…C
o)''C &'''5*?$&U+__`+=&'K)*+%+,+5'( E).&'^,ƒO+$&'U A*)0?$)*&'K o9'( A*)'0?=)8?@+;&'U
WsA3H,n?@+/+5[Y+1A[+.+pO?@+o)C
;&'U __A'ƒ5FC+b&'.;$?D+ ;$/R&*+AR9C+__%@+4+5*)aB=%@&C+@,0&*+J9^+AR9C+;&U
s?$&[R?@+D$&B+E)0&K=$$@+?$).=?@+A0&.V+$/8&M&7+A[5C)*
j8+=&B&C+P*)0&.=)KG98)U+;?$&U+L+5>+$/C?@S;%/B+=+1b/B+=HD+?$&[8+;V&C+9(
j''8 =&''8&7+A[.=9''3%@+1E@,''0 b$/''B _&''.%@,FC+J9'''^ A'cn&*+;=)'KG98)U+;e'.,C+%@
/F+7&''''C __&'''''.?$&*)0?$)F7?D+A'''c5>$$G&C+&'''0 &'''5*?$&U+=&'''M :&.&'''3?+=&M+;=?$&'''7&>
_)0?@+2$/7+;9^+$?$&a+.,K?@+f)C+?$?D&~+$,\58;)k*)0&7
P''5>+j''8 N?$+{%=%D+A0H=)5a^&''C{+j''57?@+P''5>+AF+7&''^ W,''R &'''0 Aa+5'3 ;&'U
A~@&8+h9^&C+o&C+f)~=&M&C+:&[+5\C+&.&Ÿi5n+$?+=9O+h&7+D%$+Wh9^+;&0?D%=&C+Id+5+7?@
_h&0?@++N+A+7$/F*+L5[8+%$&U+AC&*+x*?@+ZC+=&K&U+:?$$@,0+hpK+P+53
;&'F7&^+h&'U A'B)>/B+;)8&'(&C+ =&K&U+__s&5R+;)>&7+J&.)*?D+)*?D+h&U+A+5+7)*+d+5>
1;$/a''i5*%@+A''57+?$&''*)0&*)½+ƒCD+f)>&''7 &''.9C+:Z''C%$+Z''3?@+_9''iC++N+Aa'''B?@+%$&'U
A'(9^+?$&*T*&'B &'79(+9'C 1`$&'0 x'[R?$+PF+5a'3 &'(?$&U+ A3$/8$/ƒ8+__A[+.+=&*?@
s&*)\*&>+?$&[8+;V&C+9(+;=)0+A*%D?@%$+_;&FC+=%T0&RZ>
s)0?@+=&B+?$&a+7@&7+$&.&[50+1d3&^+A+7/0/n&0+J?$)¬7V+A–(+A*%D)*+;@&U
u)'''.D+?$&'''a5C%,y+5>+%T'''5(+E)5'''3{Aa'''B%=! )'''C P*)0&'''($+&'''F*/R+W&''''C x*?@Z''C
x*?T+5C+;T5U+I/K+__+j*&.&K?@+A>
W&C
 !"#'%&'()*+,- ”‹¡
$&'C =&'M 9'( :ZC%@=)'3&~+;9'^ j'8 ;&cO+A5aB%=+=%D&M+%@+J?$&*$/Y+&cO+&7)C
_¦*&.&K?@+Z>+h&>%,^+1;&0?@+h$)*@&C+h9^+=&8&7+;&*)(/K
;%$@+"J/''''K ;%$)'''U 1A'''*%$+=+&'''7&M+;=)'''3 ?=$&'''K&7+$)'''i50+f&'''M A^)'''U %=%D
I@,0+;=%$)M+b&.Ak*?T+5C
h9^&''C o&''C /F+7&''C __`+°''C=?@+j'''8 A'*$/C+=%}+5'C &a+5'3 $&'U =&'M )5*&'( ZC&'*?$XX
%@&'*%$$@+h&'7 __Z'R?@ =)'3&7+o&a+5'3 1ZR?@+&a+53&7+=)3+_`$)*+h?=)3+$&U+;?=)R
_ZC+E@,0+©%,^+q>+E).+ZC+E@,0+b)R+A*)53+&5*+4+5a3
,'(%$@+$%@&'U N$/'7 ,K)'U ;$)'nV+$+&'0$/+7?e+5K+&'KD9^+W&'.?=$&K+?=)'3 h&U+9C+;%$
WL+58&+79^+?@,0+;?@
ED&'''''8 ;$)'''(?=9^+;&'''3?+=&M+$)'''FC+f&'''M N ;&'''.&*&(=&n+?=9'''Y $&'''U Z'''C?@9^
Z'''C?@+1A(&'''.9^+A*)'''8?D+1ž$/*?=)''''R ;&a''B&C+E%$G+$&''F.$)(?=9^+__Z*&''.&kC%=
_ZR=?@+1ZC)M?+=
;9'^ A*)'5„+%/7&'* ;9'C ’H,8&0XX+I%$m)8+1h&0?@+J&.;=)KG98)U+h&U+%$&U+W&a+53
ˆˆW%$+,C+%@;$)[+5>&7)C+Zi^&…C
;&a+5''''''3 $=)''''3 ?=$&''''K 1 P''''i.H=+%@;9''''^ ;)k+.=&''''C 1 "J/''''K ;%$)''''U %=%D
_vi+5MZY&C

! 6*K)//"NK.!#!)0-$G
!9
 ”‹" ./0'123'456+*67
AR&'''0 :?$&.)0&'3?@+%@=%D/r,+5'8 =&'B&C+$/'C 4'B)*+$m%$+9+7)'U AR=&'M Wh&'0&^%@
T'58/U+1J%$)'U A'[.+,C+j./k*&'M AF.=&'^ =&'C$&8&7+$%@?,+57)'U _?$)'0%G+ 1g5B+)ac+5U
_@,C?@+d89^+AB&+790+9C+&*)3&C+&*)3+1h$/C
=&B&C+&5*+?$&U+Aa^?$+)ac+5U+:@,0+%T.&>+A(m&B?@+{%@+E)0?$V+&+7@+=&B&C+;p>
A7&''8&(+;&a''B&C+P''B?@+j(&0&'''3 ?T'[5M+&'[5R$&U+:©HD/'(=D+&'[.$&FC+%@&'*%$V+h&'U
E)'''8)C+A(?$%$&'(&C+Ij'57?@+&'0 :E&'0?@+E)'.9^+A+7)'~ ;&'*)0)>+E)'.9^+Aa–K&'C 1j'C?@
_;=)K}+.=)>+9^+9C+?$&.%@
__h)F'i.$)C?@f&M+E)'55(+ A0)R&C+?$&.)[+5M?@+f&M+E).&*%,+57@+;$)k*&M+%@&()0$&7
?$/()M=&''B&C++N+E)''.%$+__&(9K$+,''B E)5*)0&''R)O+b?$+E)5'''3&0&.;=)5*%D+)a'c5U+hm&'C
WjC+E)]53&>+A+57+1ZC+E)5(&.%D)U+A*).&C?=&C+{&C+E).&8&K
$T'.,8+ &0+%@&U+E).+=)Y+?$&Fƒ5~&C+1E$/C+D=&C+J$/7+E)0&5R)8&B+b?$+E).&[.=HD
E)(?$&''U o)a''c5U+_E$/''R?@H=+j''.,Fn++A'''( A.m$/O&'7 %,+5'^ 1j'[8+A.)'*%@+;$?+,.&'>
_E&0?@+L+50+E).9^+ˆ)^X+$?=&C+9*G&U+=&B&7+$?+=$/0+?+=$/0&C+?$&¼?@=&C&7
E).&''^=&R+%@,K)''U 1Aa''B&C=&B+;@=&''K&C+E%p)''3 $&'''7$/>&>+&'ƒ5^+b?$+E%=)'Y
;V9''C )Y$&''U "@,0?@&''* =)''KGH=+;&]''i.?$+$D)''K $p'K &'C E)5a'B&M+AR&'0 @,'0?@
E)'.9^+E)0?=).T*&'> ?=)'KG98)U+1=&'B&C+=?}+5'8 A['3&R&C+ /0?$)(+E).T*)R)O+E%@,K)U
_E&FC++N+;/.@+$%/.@+h&U+,K)U+A[5(+=&C&7+$+E,+.@%=+$/*%/0+=&C&7
&'.%D)U+&'MH,K+$&'U Z'C?@+h$)8&'* $)R=&'C &'7 1h$/'C =)*&'0=&C&0+ ;?$&U&C+J?=)C&B
WsjC$/C+j8+;&3?+=&M+$)*?+=&0+;&½53+A^m/O+`/K+&*%@$/M+ZC+)Y$&U+__jC%}+5M%@
4'3 ,'K%+=9^+1T'*/(+ E)5K+%@&*)8?D+;$$=&7+d.)O+AF+5+7@+T*&R+&7+&kŽ+5C+W?$&^%@&C
A'''C 1E).9^&'C j*)'.G+;=)C=&'B ;&'*m?@$/C+&.A09'3?+=+$&'U %@+J)'0 E)8&'M&7+__h&'C)*
WET*&C?D+$=HD+?$&*)55K=&Y
__j'[8+A['3&R&C&0+o&'*%$&U+ ;)k+.=+&a+5…()M+E)c.@+h)k+.=+&a+5…()M+;?$&U+Z3?@
1E%$@,'''8 ;&'3V+&'R=)>&7+j'C A'a.,C+A*)0&[5'i5>+&'7)„&M+Z'C?@+Z'C )'B)U+j'8 ;?$&'U
_hD&C+1;=).+A*%=&0+®3&8
 !"#'%&'()*+,- ”‹Š
;=$/C)(&''''7 h?$$@+;&a''''B?@+&''''.%@=$/C%= %@&'''''MH,K+$&'''U ;V&'''C ?T*?$&'''U =&'''M
;9F''''3 1P''''B&^+A(&.)a+5''''3 $=HD+A*)''''5„+o&''''*)8&U+:;V&'''[()M?@+E)'''0?=%T*)]5U
&a'c.$+Z'> &.)'B)U+j'8 ;?$&'U )Y$&'U _&'7%D+ $?,n+%T5(+E)5+7%T[8+A3D%$&*+1A(&.%$)B
$&''U &''F*/R+__%@&'''[5>+A'./K+1`}+.=)'€C+?=%T*)']5U+&'ƒ5^+$&'U A'3H=&>+$D9'B&7+;9'^
%@=)M&''C&7+J)''0)*+?$&''U&C+%$+,''C :Z''C @%}58?@)'''U A'*$/C?D+1;=)'CZC+;%D?=)'3 ;&'B&0
WjC?@m%$+/+7)U+&i58&M+E%=%D/r,+58
1P''c.$+&''.)[($&0&*+f&''M &''.?}.=&r+1b&'''8?=+$&'U =&'B&7+&'*%=%T*)]5U+$&'U =&'K&U
x*&'3 ;m&'K &'0 _%@)'* £8)'0 A*)3&7+E)3+£8)0)*&0+?=).@+o?$&U+_%+=9K?@+E).?@%pU
s__d+.D$/*+f&M+1h&FC+m)FB+AR+;)>&7+;T5U+?$&.)0$/>
E)'.=D+1E=?/'C f&M+E).9^9C+)C+`+=&K++N+__E=?/C%@+E)0m&K+)C+S&[+5\C+D%$+W%=%D+;&U
`,'''n &''''B)*&M+&''.%$+q''3)C+__&''[5\C+?$&''*%D$+,0+$m)F''B &''7 L''.D%$+__)''FC+E)''5y+5>%=
&'''*%$)0%G+m&'K $&'U ;9>/7&'> &'7 &'0 ?T'C ˆ)'CX+A(&'8=).+1&'[58+,€C+T'*/(+;?@+:?$&'a.?TC
$&'(=&C+$=$?@&'7 A0&'5R=&M+{)'C __&'FC+E%D&'^ ;m&'K&7+ $/n+o9(+%=%D+;?@+__)FCf&M
_Z[+58&*+1ZC)*/(+/(=&(+?$)0%G+1g5B

”
W&''[.+=/0+_?$&''[5+.+=&K?@+%/O&'( 1v'B%=)>+9'^ 9'C &']5U+Ij'57?@+E)'0?$$@,0%+=+?T*&'C
$/*)'5C+ &*&FC+vB%=)>+E)5*$/C+D)C=?@+9C+E&0)*+J%D+SE&+7?@$/C+&*%=)0&C9(+$&U+;&C=HD
9''C &''5*?$&U+`=&''U Ih?@?@+=)''Y $%@+E).$)R&'''C h&'0?@+&'˜&>+h9^&'C o&'C _E)'.9^+9'C
&F+7&^+$&7+E@,0+e+./*+=&K&U+Id+5+7?@+E).$/8&M&C+Ws&(?$%@+E)().+E@,0+e./*+1o$/*+,0
?$?$&*@,0pC+A8)˜&U&7+&F*/R+S&.;=%D&8=&3+;&.)8+E)*)8&]+5U+9C+%$&U+:ZC&*+¿.&
;&*)a.&''3 $&''U &'''F*/R+`+=&'K?@+&'>%,^&C+e'./*+?$9'( $)R&'C _?$&'(9C+)'.=$+E)]a'B&M
o9''^ ;T*&''8$$D?=)U+1ZC&a''B&C+P''B?@ `@+?$&'''U&C+A–.&'0 ?$%@+P'8 ;9'^ %@9(&'7
$&''7 A0&'.?T*&C+o9'( _&'.&M+%/'^ IZ'7?@+P'5>+$?$&'a7@+&'()^?@+&'ƒ.)r+_Z'C A'*%=?D/K
 ”‹« ./0'123'456+*67
o&'*%GH=+$&'C%+,8/K+=&'M )a'c5U+&'(%$&0+_;$$T*‘Y&'^ A39M+$pC&0+;&0?@%=+?=$/*
_%@A*)acF.=)(&C+&FC+J9^
E)'57)C+=)K$&'3 A*)'0 ?T[+7)C %$&U+?$$@=%eC+f&M+P0)RA()0+E$/C)M?+=+9C+AaB%+=&C
__E,K?@+E)8+%@=)0+1L5U&7+&.&*%=?$=&>+4.=)(+$&U+A()B+&8&U+:?$&(?$$T*%$?+=++N
;9''C ?$&''3,+5M&C+&''5*+?p''y5*+$&''U 9'''C o&'8&U+__?$&'(?$/C+4'.}*+E@,'0$%=+A()'B
A''R e'./*+$%}'* A'c>&c>&7+&'kŽ+5C+:%@&'B9C&7+&'*)8+g5(&'O %@;9^&'7 /F+7&'C _“+=&'>%+=
;=)Y+1E?@?@++N+A.)*%@+AnV+&.&*)B&0+$&U+A.D)C+py+5*&8&U+__`qc5C)*+%T+5( ;&F.@
_4+5+7@+$/8&M+AaB?T.&C+9C+?$&[+5*?@+%T+5(+;$%@+,+5^&*+_E?@?@+A.)*%@
&'''FyK+A0&'.?,+./0+&8&'i8&3+Z'ƒC+9'( b&.&09*)a.&'3 `=T+7)]+7&'M b&'.?@=&>+)(&'M
A0&.&098&'i8&3+f&'K&7+&'.&*%$&7+__)'0?@ N ;&'(,n+?$&'./.@+$&'7 &'0 $)R=&C+?$&a+.@
__?$&*=)'3?@+ E).9^+4+5+7&890+h?TC+b&.V=&M+A˜=&B+&F*/R+_ZC%@)*&>+;9^+%@&F.@
;V+9''C ?$&''.;=)K}+.=)>+;?$&'''*%T*9C+1E9'C ;&.)'B&C+p…['3H=+;?D)'( A'MH,K+)Y$&'U
$?$&*@,0=)K$&''3 9''C v''B&C?@+=90+&''*)8&U+_j''C?@+L+50T*&'''8&0+E)'0?$$@=%/^+&'B9C
o&'8&U+_z'.D$/*+f&'M D)'B=)0+;%/^&'7 $?$&'[.?TC)C+A(&.%$)'B A^H@+9C+)C+IEe+5C?@
;@,''0 P''B?@+;%/+7&''~&7+Z'''C$/C++,'> E).?@&'K &'0 E)'.9^+;@,'.$+&'*&0?@+%@&'()0+$&'7
&'09+7)Ž+7)Y+$&'U ;)'3)8&(+ 9C+vB&C+f&890+%@?=%$&3+A()0&7+=)Y+`T*&M+_E%=&0%/O&(
E)5+5>+$)0?@A*)0&0&+79Ž+7)Y++;+=$)M+;=)KG98)U1ZaB?$?@+?$&B9C+/.@$&7+;?D)…[.9U
;=&…+5'B &'7&0+&'.?$&U+Z'C E)0&09+7)Ž+7)Y+A.?@$/B)U+;&.)8&0+P3+j.q3)CXX+IZ+7?@
?$&'*)0?$)F7?D+/'5*+A'*‘+5M%@++=9(&'C A'[5C+E)'.)*+)'.)U_E&'FC+ E).9^+A.m9Y+%@+¿57&B
45''B&0+1P''5C+&'''5*+?$&'7 E)'.)K)U+__E%$)'[C+&'*&K?@+j'*%D?@%$+:E&'0?@+`+=&'C 4.=)'KGH=
AF+.=)''''0X&'''C &'''5*%$?+=+?$&'''U =&'''B &'''()…C+E@,0$%+=&'''C J)'''0 %@A'''B)8+Z'''C A[+./'''3&7
_`°C$)*+oˆA+ƒ+50=&B
?=9''Y $&''U _E&''0?@+;D)''B ·.&''0&C+f&''F5(+E).&'''0 %/O&'( A'[5C+E)'.?@+&'.&M+=)'Y
&'0&.)k+.=+A+7%@$&'U &'0 E,'K?@=?${?$&''F5*?G+)Ÿ5B98&7+E%T+57+*=&B+AB=?@+&8$@=&8
_ZC@,0+E)50—5M+A*%/^+)*&B&C+E)0&*G?p>+&0+;?$&U+o)>+Em9y0+A+7@+&a+5*&.&KAC
 !"#'%&'()*+,- ”‹#
&''*).?$&U+9''C :&''F.=&n+)a''i5M+&''.)*%@+$&''U A(&.)a+5''3&0+b&'''.)*%@+;V+&'[R?@+E)'.
E)5+7&''K&7+)''*%@?p>+%@+4.=)''( AF+.=$G&''7 )Y$&''U :j[+5\''C%=+d''5C+1ž,''( =&'''B&7+E)'.9^
A*%$+=?$)''R ?$$@,''0 ;D%$=&''> 4''i5(+b?$+E)''.9^ A*)5K&'''0 %@&'7&~$&7+:Za'B?$?@%=
W`$&FC=?@+E&F.@+AF+5*)5K
%@+E)./+5*&''''C&0+E&''0?@=9ƒ0+f)''B &''*90+AF+.=&''K$$@)Y+9''C E)''5./K+E)(?$&''U E)''.
$?=&''C)(+&''.?$&U+9'''C A'3$/8&M+S&'7)*$?=97+&'C )'0?@+P'B?@+)'B)U+)'C &'ºK+$)0?@&'7&.%+=
_)FC+E)5i+50+h&^+A*)K90
E%$&'3&7+)'( __E$/'C z'*?G+ AO/C+;,+5n+$&i5>&($/C++N+E)55(&5R+4i+5U+E)5F+.T*&M
_?$&.A(&5*$)y+5>+=)KGH=&0+&[[5+.eC+&*)[5*90+$&U+1jyC=?@+;9C+%@
=&'''[.,+.@X+;?=)'''C=?@+d.+=&'''> A(?$&''''y^)C+A*)''0?$)^$$=+?=%/''.@+4.}*&''7 Z''[.$@
Ivc5C+?$&*%$&B)>+$$@&7+h&($+[+5>+ˆ&0?/.D
&'*%$)C+AR&'0 )'0)*+;9'^ A*)0&'7H=+ ;,+.@$)R+5M+?T*?$%/^+$&UXX+IA(/K+E)50&.
ˆˆE&0?@+E).9^+A*)0&+7H=+A.,+.@$)R+q3)C+$&7+E)0&.A8?@)U
E%$&U=&'''B ;T'''5U+?/5+ƒY&'''^ ?$&'''.9^+;p'''> &'''CXX+I&''''.%@+A+7&''M E).&''F.@+;$&''U
ˆˆ`G=&>)*
J)€''c5U+Z''> ;9^&''0 ¹5‡&'''B?@+&'8&U+Z'0 __sjC&'M ;H+=%D+&'.&0$)C+$&'U Z'3?@
_?$&a+5[+5\C+?$&F+.p>)C&7+;9^+;&k+7&C+d[5CAC+&0+$/C?$&7+hD&~+,(=HD+__s`,0&*
s?$&'''a5C@=$)M+A0&'''.&k+7&C+%@+4+5*)'''8?D+&'''7 E)'''. __s?$&''a5[+5\C+&''k7&C+;e''5C+9''(
$?=$/''B ?$&''F.@+A0&''.V&7+hm&''C __&''*%,K+AF+.=)'''0 ?$V&'C ;&'*&.V+h&'U A*T*)€'B&R
_j[+5\C+Z>+;=?$)C+A|D$&(&C+&7&k8$@=&8$&U+Z3?@
o&''8&U+:;9^&'''C ;9'^ ;=?$)'C I&'(%$+_)'0?@+=)'(/O+ˆ?$)'CX+E)'[5M+Z'> =?$)'C Z7&'C
;&''7&K+&''7 L.&'']5U+&''5*?$&U+;&''U __E$)''i0f&M+%@+E&''8&(+&'7 &'0 &'.&*%$&U+Aa'3$?+=
Wsj.T0&.+;&*$/†+E)]aiK+1z*%p>
 ”‹t ./0'123'456+*67
;D&''~)*+&''.&M+A''R 4''i5U+AR=&''M :@,''0?@+E).&''cO+&''k*?+=+$&'''C E)0&'5R+4'i5U
_%@)*?+=&0&C+@,0+;/n+zk8&r+AF+.D%$)U&C+$&0&.=&M+,(%$@+_&.A0)*$$=
4.=&^+:$)R=&C+&()M+h&*&|@+$&U+d.+=&>+Z(+%@+E)0?=%/.@&*90+;V&C+&0+$&3+`$@
&'''7&K?=&0+$&'''U A˜=&'''B&0+Aa''''B%=&C+_j+50&''(f&M+h$)*&''M 1f@+%@+z*&''F5>&7+h$/''C
=)''…*)8/K+T*?$%/^&''0 :h,''K?@ E)0&''5R+4''i5U+;&''*$/†&7+`/'''K 1h?@&'U &'39^=&B
_d+5F[^?@+)(+u&F…+5>+?T[+5M+AC?@+{E&0?@
;T'''5U+_$/R=&'B&C+$/'C 458?@=&'B ?$&'.A+7@$$@+1E)'8/K+=).@&'C E)a'B?$+1E)'8%=
E)'5C+?$&'*)5*)0?+=9K&7+%@&'*%$$@,8+&'F.=)(+ ;&a3+$&U+;V&C+ZC+&.&M+;?$&U+An)8+Z0
_Ws?$&a+5[+.G
&''–.&0+$&'C _?$&'5*)y+5>+=)'KGH=+A^=&'R :$/R=&'B&C+E)'0?T*?$%/^+&'*90+A[+.=&'B
A*)a'cF.=)(+&'*?TC+`+,'n E)'.9^)(+E@=$/C&'*%=+%@$&'3 &F.=)(&C+SE)8&*+?$&5.T*?$%/^
&'''*90+__&'''5R+&+7&Ÿ''''3&(+?$&''U %T''C N h&''cO+;&''*%$&y+5>+A''nV+4+5''B&0=&M+_?$&''K=&8
__E)F[^+?$&[5*&F+5>+h?@&C+1P3/0+E).9^+E)0?T*?$%/^
1J)'M %T8?@&'C ;=?$)'C Z'C ;&0?=$&K+&(&.)U+E)5F+50&.&0+P3/0 E).9^+&()0+$&U
_jC)''* J&''0 ;T''*?$%/^+%@+j''8 =)O)U&'''7 ;T'5U+__9'( ;%/'^ $=)K@=?$=&'> d'[8+{IA'(/K
1ZC)'''B&>&~+&''.?D%T*&U+$&''C )''( S¦C$/Cp''K=)8?@+E)''.?T*?$%/^+p''> $&''U ZR?@?$&''7
x*?@&'C $?$&'[C%GV+?$&*)5*)0&.A'B=/0+m)'C =&'B&C+1z*&'F5>+ &[C)[+5M+A*)0?T*?$%/^
=)K@=?$=&'> j.T*&'R &'0 ?$$T*).&'K&*%=+{;?$&'U! ?$&'.ˆA+5\'*X++;=&'* $&7+&.)U+I¾()M
sZC+%@`+=9K&7+4+.=)K@=$=&>+&0)(+=&M+ZC&*?$+__&.&M+E)5(&.%/^+An)8+1E&M
b&'7&C)k*)8+ ;=)3&7+{%=%D+”tZac5C+AC)C+E&M+;&+7&0$/B+A+./K+&($/Y+Z0+)Y$&U
$/C)''8 Ar)'''*9O$$@+?@)5>&'C 1P'i5MZY&C+;&0&a'c.$&39^+?=)'3 _J/'K ;%$)'U {%@

&''0 h9'(;%/^+=)K@=?$=&'> A'[8X+I?$/()'M %@{¸$,'Æ%+,–'B {&'7 h&a'c5C+;+ª)']ÇX&'7 ”t

__jC&''M J&''0 ;T'''*?$%/^+j'8 ;=&'…*%=&C+Z'C)*+SAa'c^+h=?@?$+{AK?T*&'C ;&'*).+" ,'c58&7
{%@;$?D+A[C&7+;$)U$?$?=%/^&7+A[58?D+AM+$?$?=&B&7+A*)Œ)U+;&[+.$+:&3)(&8%@+=&F.&>
ˆˆ&aB=&>+E).&8+$&C&8+&*%=&F.&>+&*$/†+$&U+9C+o$/*+,0+&0&8+AaB$=@+$?,K&8=?$
 !"#'%&'()*+,- ”!‹
A*)5K$/8&'M %@&'7&~+ h&7+_?$&()kC+;&0+ˆ9+7&M1+=)8X+;=%T.@&C+1;&0&($&F3&U+&()kC
_;=)C?@++N+A39^+·.&0

!
! )/$-.!#$%

=HD+A.98)*&''C %@+E)55'''i~?$+A(m$&'7 :A'[8+A*)]a'i5*+9'( =&'M W;pK&'39K+;&'U

_JV+9C+?$&‚)M+?$&Fc+58,n++,>+;$)R&C+h)(?$&U+Wh&0&*)]ai5*+o)ac+5U+_?$&8)8
N h&'3?+=&M+)'B)U+4'.%@+$?T'C f&'M N Ak*)'C )Y$&'U h9^++=&8&7 ;&0&.;pK&39K
A'57+__?$&'(?$/($&0+ =$$@+$?$$@,0+;%=+9(+j0&7&0+?$&B,€C+&B&0+$&U+A+7)~&7+__&FC
Z'C d5.)5*&'( A.%e+.=@&'C {I)'0?@+=%$)'M $?$%D%,'( P'57+&'0$/+7?e+5K+ b?$+E9R+&0+&B,€C
IZ+ƒC+di+5>+)Y$&U+__sh$/C+Ak*?@+ZC+;,+5n+9^)U+&B,>+d+57?@+S@,0+o98%=&n+d5k*?@
1A(&''.)0)(&C+Pa''B&M+%@&'''7&K+/+5*&'7 :&'5*+E)\'*&>+j8&'7 9'( AF+5a'3 '5M+W%=%D+9'M
P''''B&M+J?T'''[5M+;$/'''C %T'''[8+A'''3?$)C+&'''7 &'''0 )'''B$&U+__?$$@,'''0 J9'''^ A.98)'''*
_?$$@,0&*Z>
;,+5''n )a''c5U+$&''F.T*&>+o&'''8&U+S&'.&M+;D%$)'5Y+?,'n %@A.98)'* 1A.)5*&'( /5*&'7
T*&'R _?$&'a5[+58?@+98)'* 1b)(&'C %@+4+7&'^ /5*&'7 Z.)(&'M )(+?$/($&0=?@+J9C+__;$/C

Aa'B&C&8+ $)[+5>&7+&n$/B&ƒ.&n+h&U+Ws%@+;=)0&k+7&C&7+P50)>+PB?@+1J9^9C+&ia5*+;)U
%T'C =)Y+%@ E)*)]+ƒc8+/+5*&C+ZR?@+b&.%,C)0&7+S?$&(?$$@,0&*+&cO+A+ƒR)*?/5*&7+A+ƒB%@;9^
d'a*%$X+I+Z+7&'* $?$&a+5a'B?/C+A'57+;T'5U+ˆ?—'Ã7%+%/'C,Ÿ(V$X+ A(&.)U+;&k+7&C&C+E&0&*+e+./*&0
_ˆ`=)FB
Z7&'''.&*+$)'FC+=)'KD=+A.%+,8/K&'7 AF+7&'^ A'C A0?=&'K b&'.%,C)0+&'5*+,.&'B AF+5a'3 `=&'U
;p…+.=+=)O)U&7+ˆ?@,8+h)˜&UX+`$&.&*+1j+.,FC+jC$=&B+%@&k+7&C+;@/^+b&(&7+$%,[+5M+9C+&k+7&C
=&'''B&7+`,'''kC%@+Z'''> 1Aa''''B&M+%@;&''.;=)0&k+7&C+$&''7 AR&''0 :%/''^ &''a.,FC+%@+A*%T.$)''Y
Ws4+.T*?$%/^+T*&R+A*T*)‡&B
 ”!! ./0'123'456+*67
9^&'''C 45a'''3 /8&'''M &'''7=&C+&'''F*/R+S=)'''C &'''a5C?@+J=&''''B&7+Ee''.,C+%@=&''B&C+P*)''5„
_E$/($&0+)8&(&C+P+57+$&*T*)˜/K
’H,'8 &'0 _A'5ƒ5C+ `$&aC+AR=&M+A*%/(?@+:?$&a5+.$&~?@+%@+J9^+;)K)*&>&7+?,+57
_?$&()0)*+£B+;9^+Aa3$,B+&a^&B+A(%=&(&^&7+?$&.pK&39K+&.—K
A8&Y=&'B &F*/R+S?$9(+;e+5…*$$=+A–+50=+=&C+&[R?@+?$&.A39^&C+E)0&a3+?,+57
E)0&a3+;)]+5M+__?$&a5C?@D=&C+o9(+1E+,C+P+7&M+&0+?$&[+.+=&K?@+9(+;V+9C+&*)a3+$&U
_E,K?@+P+7&M+1E&C?@+P*)0&5aB%=+;V9C+&0+jR?@+$%,0+¢3+9C+$&+ƒY+A^m$+?$?+=&7
A0&.&'''3$+=&''''M &''F*/R+SA''.$TC+4+5a''3 $/8&''M ;$$+= $?=&''C &''.&M+J9''C ?,+57)''U
&''(%$+:E)0&a'''3 A'i.)aB+1ž)>/'B ;&'.)8+&'a5C?@+:`,'(/kC+&*)a'3 $&'U 9'C ;D9'c7@
_;e+5C+&*%,0/3+&a+5C?@+E).9C
?$&(&.)*+J?$&U+W%=%D+`=&U+_&.&F.@+AF+5a3+AB)B&0+$+A.98)*+$&F+5a3+A.)5*&(
;&''0?=?$&7&>+:;$/C)''8%@+oH@+?$&0&*)a''B=%@+/''5*+;&'''0?$@,8+&'3V+=).@&'C &'0 @)'.
;$/'''C ?$&'''(%$)U&C+s?$&'''a5C?@+`/'''0 $?=&''''C A''*%D?@+P''3&*+1;T''*%e5O+J=&''B =$$G
%@&'''0&7&k8$$@=&8+/+5*&'7 ;?$&'U ;%$@+o&'8&U+:?$&'().,n&C+j'5C+J&'0?=)8+1J&'09+7&M
:?/.@&''* J)''M?$)U+Aa''3 %@+E)0?=?$&''*)Y+/+5*&''7&0+;$/'''C `=&'B&8=&R)M?=)C+A'3/(
WAB)B&0+1A.98)*+&.&8&U)U+S&C)5[+7@
)''B$&U+:;$/''C %T(&'''0&K=$$@+A'3?$)C&7&0+p'C ?$&'(&.)*+J&'*)8?D+$&'U W%=%D+;@&'U
$)'FC+ E).+,>+1)FC+J?G)M+%@+E)0&+7)(&C+&R$/0+/+5*&C&0+;$/R?@+;&8+A0&.?$)R=&B&7
Aa+./[5(&'C %$=&'M %@+E)./+5*&'7 9'( hm&'C __)'FC+o9'* ;&'8 E)0?$/[5(+§)c5~+$=&c+5C
Ws?$&a5[+5­
f&''M P''k*?@+)k*?D?$&''3 A7)''C ,.G&''7 $?$m)F''B&C&0+?pC&''7 J&'''*)8?D+$&'U `=&'U
zi^&C&7&0+;?$&7+ZC&*+,(?,n+%@+j(,K=?$&7+;=?$&a^&C+ZC?@+IAB,>+J?@+1;+,C?@
s&''5*+%T''[(,K=?$+&''7&0+ZC&''* 9($&''U A0&''. ;=?$&''a^&C+%@+L''5a.D@+&''7 Z'''C?@+1&'.%@
WAB)B&0+1A.98)*+&.&8&U)U+_f)~=&M&C
A''cn&*&7+;9'( ˆ%@A'k*?@+Z'C &'7 J)&'B j.q'7/OX+&'0 @)'. ?$&'(&.)*+J&'*)8?D+$&'U
Z'C 1h%=)U&'7 ;%@?@+A+7)'K :&'[5^$$+,C+ 1Z+ƒC+IA(/K?@+A+5>+?$&€R&C&0+__)*=?@?$+J9^
 !"#'%&'()*+,- ”!”
&''.&8&U)U+sP''i5M+;&''* $/'C %T'a5(+;&'.A(&.%D)U+?T'[5M+$&'U _A'C E)C&'* J9'^ A'k*?@
_AB)B&0+1A.98)*
A*)C?,\'58&7+&'*%=)5a^&C+;&>,'B $&>,(+E%T*&R+Wh9^++=&8&7+;&0&.pK+&39K+;&U
WsjR?@=?@+?$9(
?$&'''''*)0?D%$=?@+&'''''7 E)]0$@=&''''M E%$?+=/a''''B%=+__&''''5*A.&ƒK+$D)''''* %@+E)8/+5*&''''7
__E+=&>?@+Z(+)a+5>+A*)0$/B+E)0&()B+$&*)i^?=@+4+5a3+$/8&M+9(+;V&7+__j.$/C?@%=
_EH+=+&aB/R+%@+A0)*$$+=&7+1EH+=+&B=/O+%T5F.=)(&7+;&*)()B$&U
4.=?$&'*$/C+$/8&'M __&'.&M+ ;)*)8+1E)5K+4+5a3+$/8&M+h&0?@?$&C+PB&M+{?,+57)U
&'.)8&(&C=&M++A'C?@+ L.V+$&8&7+;?$&U+_+“+°C=?@+;9^+;@)\5*+1P3$$,BA(&50?=&K
__j''''R$/>+$?@$/MZ'''C E)0&'''cO+{`$&'''7 {hm&'''C __Z'''…C+;e'''5…*$$=+;,+5'''n ?$&'''[8&7
_h$/'C &'8&U+;,+5'n ?$&'i5*%$&7+__&'.&F+7&^+ $&U+;T*&>+j.q3)C+E$/R%T+5(+1E@,0pC&7
45a'3 $/8&'M =&'B&C+P'B?@+Z'C?@+ {)kC+4+5a3+$/8&M&7++AC+A0?=&K+E)5F+50&.+=&K&U
A''''*=@+9C&''7 _E&''0)*+L''5>?=+E)''.9^+ˆˆj''(,K=?$XX+9''C u)''0?}50)>+&a''B?@+_`,''kC+%@
$%=&''M ?@,''0 E)''.?@+;&[+./''3 $&'''7 W?$&'^%@&C+S?$&a+./+5'3?@+d'7@+?$&'*%$&U+;&'B)*&M
_T*%+=&>++A(+h?,n+AF+5*)8?D+Z0+,C+&B)*&M
$&F+5''39^+E9''C E9''R WhD)''*?@+?$&''55>+$&''.&*)5.=)5a^&C+h&0&.pK&''39K+&'0 ;)'U
f&'M b)>+;%$&M+u)0&.AB&C++,>+%@&.A()8/i0+h&7+;T5U+S?$&(%@?@+&8%=&C+%@+h=$?@&C
1J)''M =&''K&U+_)0?@&''cO+4+5a''3 $/8&''M j'''(,K++N+`/'K ZC&'C {`$&'7 {hm&'C __he'8?@
N/'> $?=)'> ;&'k*=D+?$V$&'7 :Z[+5'3?/C%=+ E)0&k*?D+A3)C+P3$?+=+A*%@+=)Y+9C+4+50&.
;$&'7 _Z'[5F[^?@+&'*)k*?D+$&'U ;&+7&.%D+{E&0?@++A>+E).9O&8+A+ƒO&M+E)0?=)53H,n&0
45a''3 $/8&''M )''kCZ(+&''55*&R+&''cO+$&''7 &''.A*+L5''B&0+$)'''0?@+&'cO+4+5a'3 $/8&'M
$/8&''M `$&''7 __)0)*&*&''3&(+E%$)'''[C+$?$)R=&'B $?=&'C hm&'C ?$&'*)0H+=?$)U+&'a.$&0?@
AR&'0 j[+.=)'K?@+E).$/8&'M `$&7+__A(?$%$&(+;&ƒ>+&()K)*+h)0+5M+:)0?@+&cO+4+5a3
__`$&'''FC+,0+?$&''*)0&Fƒ+5M+=&''B&C+%@&''*V/0+$&''*—+5M&7+Z''C ¢.)''O &''5*%T+5(+E)5F+5''B&0
;&''[.+,C=?@+1E).&''C $&''U _E$/Y$)''^ 1oH@&F'3$+L5*)0&'cO+$)'0?@+&'cO+;$/8&'M
h&''U ;e+.$)''0/8?@+1&ƒ''31h=&*+)a'''c5U+$/'C P^&'B E%=)'Y AF+7&'^ ;/'57+/'y7+=&'B&7
_?$&a+./Y+E).?@+&*)8?D
 ”!  ./0'123'456+*67
$&''U __?$%=@f)]+7&'''M $?$%+=@+E)0&.A[+5\*=&'B ;?@=&'> 1E&'0?@+&'cO+$/8&'M `$&'7
1J/''0 £>&''( ;$$@+/''8?@+=&''B&7+H+,8&''U $/C?$%=)''3 %@+Em@+A5+./(&'''7 Z'[.$@+;?D%=
;)''.=/M+$%=&'M 9'( W;,.&'B ?T*&'R =&'3&C+;@)\'5*+1P'3$,B+;&'U _&*)0&'i50&7$/M
N d''89^+1Aa''i5M+d+5Y&'''C ?$&'8/.@+$&'7 ;$/C&.A'B,(&8+$&'U __A*)0&'F.=)(+?$?+=+;=
_$/''''''C A.?D&'''''C 1ET*%D)'''''B9^+d+.=&'''''()M&0+A'''''B,(&8+j'''''.,(+T'''''*/(+_;@,0=)'''''(/O
E)'. __)'FC+A*)C?,\'58+1;D)'B9^+ &C+J&+7&8)8+A(&50?=&K+A8?@)U+AF+.=?$&*$/C$/8&M
A7@&7+d89^+A*)0&.AaB%=+w).G+%@AF+7&^+/+5*&7+;?T[+5M+_`,FC+f&K&7+%@$&B+;)M?$
%T''5>+A.?D&''C$,\58+;&''B&7?@+$H=@+=&''C&7+d'''i.$)*&M+1P'B?@+__E$/a'B%=)>+%@+h9'^
_E/.D=&7+f&M+&*)a+53+?$&[()M
&F.}*+__dai5*%@+%@+E)./+5*&7+?$&[.+=9K++N+9^&C+__h$).G+%@+AF+7&^+/+5*&7+%$)U+Z+7&C
¢.)''O h9''^ A''cn&*+d''3&.&cO+h&''C 1 h,k…+7&''M?/+5>+E)'''5790)(+Z[+58&'* h9^&'C h=?$)'C
_h&0)*+E%$&U+;&[5aB%+=&C+b=?@+1da+53+j8+AaB%=&CIh&FC
$)R&'0 :?$&'a5R?@+JpC&'7 A'*%DAC+?$&'*).?=)C&7+;?$&'U ;$/'C AF+7&^&C+f&F+5(&0
&a+5yC+%@+;9>+/*)(&C+Z*%/()*+1ZC?@+PB&C=&C+A+57+?$&.;D&C+f&M+?$?=?@+;=)0$$+=&7
_`=%/^
f&'K&7+ q>+;?$&U+A()C&7+:ET*%}^++A(+d89^+&*)a+53+:?/5*%D&*+E)5[8+AaB%+=+E%$&U
&'''0 h$/()'''M%+=+?$&''''C &''F*/R+WT*%D)''B h9''^ %@+E%$&''U b&''(&7+)''M d''5˜/kC+%@+h9''^
_h9^+9C+1h9^&7+&+79(&C+?$?/C+d+57+&.+;,+.@$)R+h&U+_w+•?+=+f@+h9^+;?=)C=?@
;&'''>%,^+1h%@?$&'''*)5+5>+E)5*)0&''''.;$%,M?G+?D&''K&8+1da''i5*H=+%@+AF+7&''^ /5*&''7
$%@+•?+=+;@=&'C =&'B&C+j+7)'8?@+&'[5…0&.+ ;&*)>97@+$&U+A[3&R&C+Z8T*).&K E)5*).9^
/0)'> %@+;9^&'7 A(&.)0$/'B ;=)'CXX+IJ/'K?@+d'89^+A'cn&*&C+ )Y$&U+_E&0?@++¦(+=)0
_ˆˆ&M)*/K+ZC
&'*)8&U+Sz'* j'.,M?G+ˆˆzÈ)'ÇX+E%D)'B=)0+;?T'[5M+4+.D&'K&8+ 5M+%@+4+7&^+/+5*&7
?$&''.&0)R+$/8&''M&C+&'''B&7?@+$H=@+$%@+b&'.&0)R $/8&'M&C+j'*?G?@+;$%,'M?G+;$$}'R
Ws`,0?@+E%$+=?$)R+?$&*)8&7+;=?$=&>%$?+=+E9R+&(%$&0+Sj+5*?@
 !"#'%&'()*+,- ”!¡
1j'.G?@+ E)0?D)B=)0+f&K&7+&.&*)B&0+$&U+9C+L.$&U+_&*$/C,+5nH=@+A.?D&C+$,\58
E)''''0?@%D)U+&''''*)5K+?$&.A''''B=/O+;%$&''''M&C+?$&'''''[()M+A.?D&'''C E&'''0?@+J$&0/'''c7&M
WE&kC++A(+&*%D)B=)0+$&U+A8)n&*&7+Z+ƒ+5M+E).)*+$?$&a+5aB&>?@
$&'U /5*&'7 Sh,+5'3?$+ h9^+A*)8)B+__d39>%@+h9^+Acn&*+&0+h$/C?$&U+;,+5n+`$&7
f@+_&''8)n+1o9'M ;=%G&'M 4.T*&'8&+7$?@+$/8&'M I$)R=&'C &'($&0+h?$&'U %@&'7&k8$@=&8
A'39M+;?@%= A'*@,0+£8&'^ 1A[+5\'* &'8=9[C+h@,'0 A'i50+h@,'0 ;%+,8/K+E)($/BZ>
$@,0&'* @)'.D+d'57+_h&'FC+,+.@$)'* E)'.)*%@+AMH,K&'C E)'0?pK=)8?@+ ?=).T*&>+__$&U+1h&U
&'''5*+?$&'''U :h$/'''C E)0&''''3$+;+=9K/+7)''U ?,+5''n __h,''kC=?$+b&.&a''3,C+h$/C?$&''U ;,+5''n
WE$$@,C+$)*+{)*%D+$=&[Fi>&C+u)0&*&F+7&M+=9K
?$?+=9''''K $T*&''0&7+;?$&''U &''F*/R+__E$/''C@=?@+A''3$/(+;=HD&''C E)0&''*&F+7&M+=9K
&ƒ'3&*+E)0?$)*&'K j'C ;&a'i5*+&'.%$+q'3)C_&.?T['3/0+A'*$$+?}+5'O AF+5a3+ZR?@=?@
A'''*%T[+ƒC+=&''B&C+h)(?$&''U _&''.?$&F>H,(+=&''B&C+%$&''U ZC&''M A*)''K?T[.D+=&''K&U+_d''[5O
$/7&'C Z'R)*+ ’H,8+;)k+7&890+A*9C+h%@+4+5[+./3&7+__he8?@+f&M+b)>+;%$&M+?$?G&0
__%@
E)''.G+$}+5''M 9''C L.$&'''U S%@&'U $/'7 ;&'0$/a^+%$&'M ?T'[.D+?$&'F>H,(&C+h)(?$&'U
_?$&a+5C?@+E%$%,n+1P+.@+_j.e]+7&M

! 6*K$1.N7!O&
!9
9'C 1h$)aB?$%+=+?$&F+.+=T*&0+=&B&C+%$&U+d5[5C+%@+u)0&*$&^+&[5.%$@&7+&5*).&C+h&U
&a'''c^+u)\'5Y+$/C)'*%@+d0&'.$$D%=&(+L'5[8+:Z'[5M?@+ž?=&'M &'*)\5Y+h&'U ;/.@$&'U
_?$&50&.)(
%@+E).&''C?=&C&7+?T*&''R _h=&''B &'''.)(/0?@&*+A+7&'M ,'>/a0+E).&'C ?=&'C &'KD9^+W³)'U
W“,K+;?@+J?pr+1;,+.$?@+d+5>+q3)C+?/+.D)0+)ai+5M+E?TC+hH=)8&K+A.)8=)(+1E$&^
 ”!" ./0'123'456+*67
$&'U __`/'5>?@+o)'5*@++¦'C P'B?@&C+ A*)8?D+4+5B&0+Ih%@+E)i5>+;%$)U+h&0&*$&^
A7)'C &'($/Y+Z'B&0+_Z'i5FC+&'.)5*@+h&'U Z*%/a'3?@+ $/($$)(+&a+.$&0?@+o)C+;&B&0
{E)0&an,K+;&K=&Y+&()kC+A[5…C+e5(&0+_`+=&>?@+A(+;$?D+;%@$&8&7+ZC&M+;%D?+=+ZC
"Z…C+&*)\Y+h&U+A[^%/+5*+;%D?=)3+Z*%/(?@
&''*)\5Y+h&'U /0?$)'( Z…a'B&C+4+58%=)'U  &'C Aa'i>+j'8 ;&'0&*$&^+&'0H+,8&U+Z'C?@
;&'0?/5*+$&'.&0H=)R+;?/'5*+$&F+5'i50=)C+ ;9^+9C+&0&*$&^+Ws%TC+$$D%=&(+1x*&B&C
D)''C A''k[R+&'''C %,+5'^ $)0?@&'7&8+&'7$/>&>+A+7)C&'C J)8/'i0+A*)(?$&'U_&'7$/7?@=&K+;@
sZ[+5M?@+J&]+7&M
h)''''0 __s?$&''8&*$&^+$&''U &''a5CT*)€R+;9''^ ;D%=+h&0?$)k*&a''i5R+A.)''*%@+Z''C?@
Ihe'5C?@+L'5[8+_+;@+=$/['B Z'C A0&'.?T.=&n)U $/8&'M &'C ;&'a7)K+&'0 ;?$&U+sA.)*%@
_?,(}+5M&C+ˆ?=)8GX+&(%$&0+?=%T(m&B?@+ˆˆT*&RXX+ZC&M+}+5M+%@`/0&7
;?=$?@+j'8 ;&'0&*$&^+%$&'U Z'C $/()'M%$@+A*)\'5Y+ ;T*&C)>+4+5a3=&M+E)8/K+ZC
$?/50&''ƒR%@&*+__?$$@,0&'*&+7&Y+;9'^ %T'i5*)0?,k[+5\*+1hD9'ƒ8+&a'B?@+f&'K&7+__?$%@
1ž$/'7 A'[.+,+.D+;/.&'K AF+./+5B&7+?$&]aB?@&C+)5*@+da.@+_?$/C+L5*)8%@+&aB?@ &*
_ZR?@+E&|@+o&K
4''5a^?=@+&'''7 ;@+h)'5*@+A'*%$+=+;?@+%@)'.=?@+=&'B&C&0+?$?T'[ƒC+AF+.T*&'0V+=&'B&7
Aa''i€+7)>+b?$+A''i.$%=@+f&''M)C+4''5(+;@&''O $)''FC+9'''C h)']5M+?$&'*%@%+=+2&'>&C+$/'R?@
A57?@=&'''M j'.@+hV+9C&'0 __j'.@+h=%T'.@+9'C E)0&'.A*)\5Y+Id'a.@+__Z'C$$T*)8+;=%/'….=
_ZC%,0H=+;=&B&7+)FC++N+;D&~+oD%$&*+,>+;$)R+AR=&M+E=&B&7+•&C&(+AaB?@+$$@
%@;9'^ A(&'.)„H,8&7+H+,8&'U $/C+$)*@&C+1E%,K?=)R+=HD&0+E%=)Y+;&0&*)\5Y+%$&U
$?$)8&'''* g5(&'O ?$&'.9^+A*)0&'.A[+5\*&C+$&'F5*)\Y+__$)R=&'C &'a.@+d0$/'B ª$$=&'C
E%$&'U A.)*%@$T*&'> $)FC+E)5]O/*+%@;9^+;=).@)*&7+`$&.)*+__;,K)*+&F+7&^+h&7+&k+.=
_)FC+ž)0$+,B
J)'B h&'0&.&7+&'F*/R+:d8&'.A*).&C+ h&U+;&0&*$&^+A*%/^+ž)>/B+1E%D+=@&O+j8
__&0$/'''B ª$$=+%@;9'^ A5(&'.)„H,8&7+$&'F5*)\5Y+J$&'0=?@+h9'C __)'i50+A*)\'5Y+%@
GH=+%$&'U _h?@)*+;=&C+1h?$&.A[+./3&C+h)(?$&U+__h@,0+A.%$&*+f@+1J)M+$/C+4+5*$&^
_$$D%=&(+/+5*+&8&^?@+E)0?=$&K+&>%,^+ZB+)Y$&U+?$?$/C
 !"#'%&'()*+,- ”!Š
j.,n&'* E$$@,'0 A3?$&U+;,+5n+E&FC+A.)CDHp>+?$$@,0?$&U+;,+5n+AF+7&^+;?$&U
`$&''8?@&0+E&.Z''B $&'''U sE&'8)0+j[.,n&'* A*)5'3 %@+;$?D&'7 ;&a'3 Z'B $&'U :E&'FC
$&''U H,8&''U )''( ˆˆ;T[''B&>9^+:ž?$&''M :ET*)>&'''B Jm&'B?@XX+IE&'*)8&U+1d'i5F*)5C
;?@+%@).=?@&''C&0+$/''C ?T*&''0V+$&''U &'''8&U+_jF+7&'^ A[.,n&'* j.q'B&^+A*)5'3 &5+5'B
¢''( A€''B ;&''7%$&K+&''7&>+%@+h$$+=&''C o&''0).=?@+__h$/C)a''B?$%+=+?$&.=&'''B&C+1A'*%$+=
E%@&''B&C+&''0 &''.&C).)*+&''*D$/8=+$&'''U __&'.&[]+5M+&'7)8&K+?p'> $&'U =&'M W Z7&'C _E%@&'U
_?$&()0?@+T[+ƒC+;9^+?$?=&B
&''a^?=@+$&''U d''5[C+f&'''M h9'^ ;$$D%=&'( $/Rf&'M ;)'.=?@+=&'B&7+$?,+5'7 `$&'8?@
1h,'''.eC+f&''M ?$$@,''0,>+;9''^ ;&''8%=&C+1E9C&''C A''39>+P''iK+;?=&…+5''B,>+&''*)0)(
_h9^+=&B&7+@&.)3+&8&0AC
A*).=&''C 1P8&'B %@+4'.@,>++=&'B&C+Z'C?@+?$&'a5C?@+ˆ?T[.)'UX+$?=&'C ˆ)a'c5UX &'0
1A*)''8}*+&a+5''i50?@%@+/+5'''i*=&B+;=&'0 T'[ƒC9^+;?}+5'M $&'U Z'C?@+__s`,'kC%=+;9'^
sAC+4+.}+5M++,(++V)C+;&ƒ>+9C+P+5i+50?@+f&M+L.D=&C
&'''*%@+`+,'n d'B=/O+;=)5'B,>+Z'B&0+_E)a'B?$+E)'c0&.+h&'0?$$D%=&(+;)'( $$@=&'M
_?$&.)[+5M+4+.=+E).&F.@+;&0&.)(+x*&B$)M+A8m?$+ZB+%,+5^+?$&*)5F.=)(

”
&]5B%=&B+;&aB&Y&0+:j39>+&O=&^+1zi*f$&0+&.&*)i+.$=?@+$&U+9C+! ž?$&M
A*)\'5Y+;)'.=?@+ A*%$)F[^+9C+ž?$&M+_E?@?@+;%}B+%@+J)0+E)8&M&7+1E&0?@+%/c.=
=&'''B &'''()C?@+o,+5'''M &'''F*/R+__h&'''0&. A*)\''''5Y+9''C j.,n&''* &''*&0+;?@&''0 &''8?$$@
_)0?@++N+E)5+.@+;&M+$?$&()^?@+E).=$$@+1E).%+,8/K
&($/''B ;,K)''U :Z($/'''B?@+%T'55(+&'.&M+@&'C AR=&'M $&'F.,K)U+@&'C 9'C ! ž?$&'M
__AaB?@+f&M++N+A0$$+,R+9C+&0&.H=&8
;$?D+Aa'''''3&M&C+9'''''C __?D%$=&'''''> 1b)''''''> AF+.D9''''B E)''''0?@%D)U+&''''7@+A''''B?$&M
_)ac+5U+;&0)R&C+?GH=%$@+A[5*%D+Z>+$&.;=)5a^&C
 ”!« ./0'123'456+*67
A(&C=&'3 o?$&'U ;%,'.$+_&'8)(+j.p'3 A'F.,M?G+$%=}+5'M%@+1f&'c5B+ 9C+ž?$&M
?$&'''*)0&09+7?}0+A'*$/C+o9^=&'B ;%$&'M &'C&0+&.&*%,+5'3 $&'U ;&'8 A>9(=&'B :?}+5'M
_E&0?@+A39*
?,'''n A(%$)'U 1A*%=&'8)0+9'C b&'.)]+5M+&'a5C?@+&0&.A(&.)'39^+j.q*D&'8 ! ž?$&'M
1E,kC=?$+A(&.)39^+j(,K+J$/Y&C+SA(&.9^+An)8+P3+=HD+%@+E).G&7+&F*/R+ST[+ƒC
;$?+=+;?D%T*&''U&7+?q''> E)'''5*%D%,(+;T'F57+E&'M o&'F.@+Aa'3 =HD+_q'> o?$&'7 ?,'kC
4'57+Aa'B%=&C+ b=?@+Aa+5CA*%/(+Z0+E%GH+=&7+4+.GH=++AC?@+_%@$)5>+1EG+E%/+5*&7+E).?$&*
WsZ*%}C+E)5*%D%,(+;TF+57+;%@$&8+$)FC+$)5>+1EG+;?$&[($&0=$$@
d'[5M?@+E&'0&*+f)'8%=+d'5C+1ž,'( AR&'B9M+1D%=&'C &'0 ;?$&'U 9'C __ž?$&M+Z+7&C
_h&0)*+&cO+©&O$+,O+1d[R?@+f&M+%@+u)0%+=$pC+E%/+5*&7+b&.&3=%$+T*&R
;%}''''B :)''''0?@+E)''''r%@+E)0&a^&'''''B &'''7@+$&'''0&5y8&O+A*)8=&'''n9^+A*$/C)8&'''(&C
{?@)''8)U+E%=&k8&a'B 9'C ,'R ;&'y5>+?+,'K ?$&'*%$$T[.D+;&k($/'B&7 1&F+5*$/CT5M&'3
_)0?@
1L+50$&'ƒY+A'5>+?D=&'C J$/7=HD+2&K+h)0+&*)8)U+ZC+AF+.$)¬7+A*)8=&n+9^+;)8&(
=&''B&(?$%@+E)'''.9^+A*%@=&K=&'B&C+%$&'0 )'0?@+&*%T['B&>+?=)'0)U+$&'C &'8&K+_+A'C?@+h%+=
1E9'0 $/8&'M&C+ž?=&'M $ &'0&.?D=&7+&'8$/C+A*)8=&'n9^+ ;)8&(+_j.D)*9^&C+;D9€+7&O
A7&'M @=&'C &ƒ'cO+&'C ?$&'(?$/C+;&*)a'B=9K+$&'U $&F+.+,+5kC/'3)U+ _Z[+5M?@+4+.$)3?$%@
A''F58m?$+$/8&'''M ;$$+=&'C $?=)5'B,>+;&'7&.%D+__Z[+.D&'C?@%@+%}'B $&'79(+1A[+50&'(?@
_?$&a+5C?@+D=&C+%@+E98+$G,K
L''509^+;=)'C =&'B &'()^+E)'.?@+1Z[+.$&'*?@%@+H,'8 ;9a'B&U+A*)8=&'n9^+;)8&'(
__=)8&'*/0+ $D%=&C+?+=@$/C&7+q>%,^+A+7)R+9C+?$&()0?@+E).+=93+$)0?@+E).&ƒ.90+1E@,0
_jC?@&n&^+?$&*).9^+A5(&.)0$/B+&C+)(+&.)M?$+&8&U
J?,n&''* 1A(&.)0$/''B ;&''*%$+&'''0 &'.?=&[+5O9(+)a'B98)8+$&'U A*)8=&'n 9'^ ;)8&'(
h&''C WE&''FC+29''R 9''C d'''.=+;?@)'U IZ[+5F'i.,O?@+{%@+Jm$+$=)'3 ;$$+=&'C __?$&'a57?@
9''C d'''.=+%$&'U IZ'7?@+1Za'B?@+f&'M N ;=%$)'M =)'3 ;T'5U+:)'0?@=%$)M+&'[5…0&.+&'k*?+=
_;@,0+f9R
 !"#'%&'()*+,- ”!#
h&'''U :?$&'''a5C?@D=&C+E)0?pK&'''39K+$%}0)'''> ;V+9'''C E)'''c.@+A*)8=&''''n9^+;)8&''(
A'57?@+=&'M __Z'yC+ j.D)* 9^&C+AF>H,(+9C+)Y$&U+__)FC+E).?@HpK+&.?$&U+9C+A3?=)0
f)''''U x'''*?=+A'''39^+·.&'''0 A0&'''.&[+.$+%@+A+7).&'''^&7+$&'''.$/C=&C+Z'''(,K+AF+5[+.$&'''U
Z'7?@+&'.A*)8=&n+9'^ A'B?$&M+h&'C Z'0 W=)0+&()^?@++N+;&*)cn&U+AaB?@+1Zi+50?@
;$)''[5>+&''7 1A''.m$/O+9'''C ?$&'.A*%T[+ƒC&7+&'F5*%@+E)0&'( 9'^ o?$&'U s)8)(=&'C $&'B)(
A[()'M%@+h=&'K `,'(/kC+A'5>+&'0 $)R=&'C &'a.$&0)*+dF+5a'3 %@&.?$&*$/Ce+57 h&7+_%@}+5M
_m&C$@=?@+A*)i5*+E).+)($D=&7
AR=&'M &'(%$&0+__?$&[+5F'iC+%@+E)'.9^+=&'B&C+=&'M E)0&*)0)(+&F>H,(+=&B)(+ZC)*
?$&''*)0&.A.m$/O+;$$=&'K 1E?e'5K+&'7 )'C __?$&[…C+=9'3 E)0&'*%$)[C+9'C )'C ?D=&'C ;&'ƒ8
W)FC+f&M+&*&(=&n+;)C
A(&.%T[''B&>XX+&''C %=%D+?e+58&''7 Sj''(/K+&''(&.)*+?D=&''C ?T''[5M+&''.ˆ)8&'''(X+?=9'Y h&'U
9'^ A'i.)aB+=)'Y h&'0&.+9'C &–'B?$+?=9'Y h&'C ZR?@?$&7+:?$$@,C+;$)*+ˆˆ?T[i^&C
A*)'5K+;?$&'[5O&(+;?@%D+L58&'U :J%D+9'C &'0&.)[5C)(+ ;T[B&>9^+_+AC@,0+;T*&B&>
1A'''''*%/Y+;$$+=&'''''7 P''''''.@+4''''.= %@$%$&''''( A''''3&7+f&''''K&7+&''''0&.?D&C=&Y+$)*%/(&''''C
;&'i.T*&U+ :`,K?@=?$++N+;}+5M+&*)5K+;?$?=?@+&7+AR=&M+{)Y$&U+:?$&.A[($&0=&B
Wˆ?$&(%@?@+Z>+Ak*?=+;&0?=&C$=$?@+E).X+?$&(%@?@+x*?+=+)B)U+&[+.$)U+o&*)5K+$&U
A539^+f@+f$/Y/»&C+$&F+.=&0)8&B+&.%T+5(+;=&0)5[+7@+;}+5M+;&*)5*+&3&7+$&U
;@/'''^ %@&*)'''3&71E)5K+?=9'''Y $&''''7 &*)a''B=&>+9''^ &''–.&0+;@&''U __Z''[./*?@+;9''^
Ws&5*+A(&.%T[B&>
A'F.=%}*+/+5*&'7 &*)'cO+$&'C ZƒC++N+A*9R+?$&>%,^+$&0)R+;?=)C&7+?D)B+·.&0+$&U
?$&'''*)0?DHp>+?$)*&''''C )Y$&''U __`}+.=)''> ;?@+$)''0?@+j.G=&''> ;9''^ A''cn&*+%@DHp''>
&''''. A(&.)0$/''B ;&''.)8+AR=&''M ET[+./^%}*&''C `$&''.AC+b?$+SJ=$+&''(=$+&''a.$&0?@
_?$&a+5[+50&aC+;9^&7
&.&'B&0+$&'U %/'c.=+?$&'.V&C+ S)C?@+;/+5*&7+1Z*%D?@+&>%,^&C+h}*+?D)B+·.&0+$&U
$&''U @,'0?@+;%/'^ )'Y __`$&'0&*+%$@+{%@?$&'[5[R+@$/'B&7+$)FCm)F'B 1Z'[57)[C+=&'M
_$/C?@+4+5+7)OD9(+;&˜%D)O+$@$/B
 ”!t ./0'123'456+*67
A.)'*%@+`+,'C &'F*/R+ SJ)0)*+=)3)C+PB%+=+?=$$@+A.)*%@+2&K&7+&.;D)B+·.&0+$&U
N ;=%$)'M 1`$&'0?@=?@+ &*%$&3+A.)8=)(+b?$+;T5U+:%@)*+A0)*$$=+:ZC&*+%T5F.=)(+&7
W&+7)(&C+4+5a3+$/8&M+IZaB?@+f&M
Aa'B?@ A()C&'7 E)'c.@+ :$$+=+$&aB%=+;)k5*+A()C&7+1E%+=%+=+&0+`,K)*+&*%$&U+;}+.=
?=9''Y $&''U ;}'''.=+__E&'0?@+AF+7&'^&7+{&'7D+&'7D+;T[+./'B ;%$%@+:E)'i50%+=+;D9'B f@
h&''C &''F*/R+__+A''C A''79(+$T''*/(+;)''57/^+?$&''.A*)8/K@&C+&''7 &'0 `,K)'* o&'.A.)*%@
_)^?@=?@+;9^++=&8&7+A.&+7?@$/C+4+5cn&*+$/8&M+&.?/+53
Z'''R?@+4+5K&'''B&7+:&.A(&.)0$/''''B L5*%@$)''B &''cO+?$?D)''B ·.&''0 $&''U ;V&''C
&''''Fƒ0+1E@,'''0 L509^&'''7 A.)'''*%@+1J&'''–.=)8+=HD+_P'''i>=&B+&'''a.$&FC+&'''*).+,+./^
_jR?@+&K&B+$&7+%@+A($/B
A''O=+&*)a''B=&>9^+;D)''B ·.&'''0 ?$&F+5*$/…'39^)*+Z'> $/8&'M ;$$=&'B&7+hm&'C
A'B$&7/8?@+&'*,kC+;$%,'M?G+ A–(&0+__)0&*+;,K=&C+1h&aB+9C+ZC+E)>+Aƒ8+&F+.$)5>&7
`,0&'C $&'ƒ.90+Aa'3$?+=+ &*)8&U+__ZC+¢.)O+1ZC+L+50=)C+4+5a3+$/8&M 9C+_?$&(%/^AC
_j*)0?$%pK
E)'c.@+__)'0?@+b&'. A(&'.%T*&C+$/8&'M ;$$+=&'7 J?,n&*+:&*%=)5a^&C+A.T[B&>+9^
_E%/^+/F+7&^+$?=$&K+A8?@=&C+;$%=T+7&M+Z(&0+`@+&*%}0=&B+$&C+;&8&K
f@+$&*%+=9'3 $)'R 1ZC+@$/C)*+4+5B&0=&M+I&.%$+;=$/aB?@&0+;T[B&>9^+&.&8&U
$&'''U )M?$=&'''M __Z'''*?@%@+A>%,^&''''C Z''C La''B=&>+1A(&''.%T*&C+A''ƒ8+Z''> &*)a''cF3
&'''a.$&FC+?$&.;+=9'''3 7&'''C 1`$&''''*%@+?$&''8%=&8&C+)''0?@+¿+57&''~ ©%,^&''C o&''B&0
_E@,0+)8+PB?@&€7
&''C E)0?T*&'''8@=?@+1p'> 1&'ƒ.90+A0&.&'cO+&'8=&*+$/8&'M &'*%=)5a^&C+;T['B&>9^
=&'B&C+%@+E)5n%D&'K $&*)a+5'3 A^H@&7+&0+L5*)0&[5M)0+;&cO+__)C?@$)*+ˆT*&>?,+./0X
_E&*$+;+=+?$&.V&C+E)c.@+:E?$?=%D
__E=%}+5'''C {E).G&'''7 ;&''''*%$&U+1E)0&''[5M)0+A8&Y=&''B&7+z''a.,C+E)0&''*DH=@+)''*%@
?=9'Y &'*%$&U+ _`+=&K?@+%+,+5(+E).=)F(&8}^+1EG+A*)5K+&0+?$&a+.,K?@+o&*%$&U+;%+,F+5(
1E—'''5>+h&'''U %@+J)'''0 E)8&'''M&7+__?$&'''[5*?@+ˆˆ;T[''''B&>9^XX+9''C E—''5>+jF+58$@=&''8
&''09+7)Ž+7)Y+$&''7?@$/C+&''.?$&U+=&'''C&7+=&'M __j'5*?@%@+;T'[ƒC+P'3$?=&C+&'.A*)0?=&C=&C
 !"#'%&'()*+,- ””‹
$=$$@+E)''5*)0?=)0+Aa''B&C&8&7+&'''0 j'*%@++N+V+;)8&'(&C+E)'.G+Aa'B?@+A*)'0?$$T*)8
_E&a3&K=&C
:Z'7)8?@%=+&'7&k8$@=&8+$&'U &'[5…0&.+__)'0?@+?G)'M 1A'7/O?@+f&'M =$/'* %$&U+;T5U
$ ?$&a+5F''c.,C?@+=)''.,C+1Jm&''B?@+;,+5''i¨+:ED&''8 ;$)''(?=9^+;,+5'''i¨+)Y$&'U
_)^?@=?@?$+4+5a3+$/8&M
=&'M )'FC+;T['B&>9^+;=%$)'M 1Z'C }.=&'C ?$V&'C A(&5(%D+ˆA(&.9^X+4+5B&0+hm&C
IA7 ;?@+1Z*?@+%T+5>+A*%@+Z*%}C+AR+Z*&(&C+$&U
1&'''U ;=$/'''* Z'''R)*Z>+;?T*?$&'''U SJ$&''''0=?@+ED&''8 ;$)''(?=9^+;?@e''8 %$&''UXX
ˆˆW?$&a+53$?=@?@+{%@9B)U+$/8&M&C
" J/K+;%$)U+%=%D

! 6*F%$&#2P
!9
&'''C&0+Z[+5'''3$$+=?@+&'''*%$&U+A'''./K+$&'''O?+=+h&''''cO+_&''7&K+A''8?@+)5*&''( j''8 A''8?@
&'*)K?+=$@+1=&'B$/*+&'FƒK+$&'U A./K+;T*/(&C+__E?@&U+ž$/7/B)(+E).9^+?$&]i.,K
_z*%/^+)*&B+$@$$=@+AF.=&^+?$&*)5*)0&8&+7&O&C+&0+?$&a+5(/0?@
$m&'C &'[C?@+E)0&a^&'Bm&O+1E)0?=$/a'B?@+ ;&~$&7+9C+&.&M+dF+5a+53+AaB?@+j8
1P+5'3 ;?=&8&'B ,>+;=)F8&+7&O+/i^&*&C+%TC+?$)8+$=&C+4+5a3+=&M+9C+;%$+WJ&0V&n
WA(&.)a+53
;=&'''> $&'''U $%+=&'''€8&U+A0?D=&'''C =&''''B&C+1jF+5€''B&U ;)''> &''($/Y+u)0&''R)O+$$@
h&'0?@+P'B&M h,'C?@+h9'^ =&'8&7+;&'.)0+ ²)*9O&C+²)*9O+j8&0+__E&0?@+&0+,n+E)0&+7)R
_`+=&K?@+%+,+5(+dF+5*)a.&3+A*)5K+$?D)B+d–.&0
P'''39K+;H=D&'''8)(+q'''> &'''F*/R+SZ''''C 97&''M ;&''*%T+ƒF5R+ZR?@?$&''7 h?@&''K N?$
E)'Œ)U+A0&'.?T[+7)C+;&'*%T+ƒF5R+%$&'U ZC&'* 97&'M ;&*%T+ƒF5R =&K&U+f)~+=&M&C_?+=&8
hD%$+&'i58&M+:h,'K?@=?$+J?D&'7&C+A0&'.&a^$/>+$/8&'M&7+b%=9'^ j'8 &F*/R+S&[5i*
 ””! ./0'123'456+*67
h&''U ;$/(,k+7)''C j8&''0 )Y$&''U _w+J&'']7&M&C+Z''ƒC+9''( :$%,[''.,n+1=&'''[.,n+&'0 &'.?$&7
_WsZC)*+?$?T[+7)C+&C+d3&C+E9R+w&.A*)K?T[.D
__w+E)''''0?T[+7)C+;T*&'''''*)8)(+w+4+5*)5K&'''B=/O+P'''iK+A[8G$@&'''0 &'''B&C j'''8 9'''C
__h&'0?@+$&'U A(&'.%=&C&O=+ 1dF+.=9^+T[+./B+1u)0?+,R+&*)5K+Aa^&B+=&B+AF+5[8G$@
:h?@&*=&C++N+Ak[R+f%@+A[3&R&C+1h&*)5K&B=/O+$&U+;D&~)*+?$&0)]KD+&7+=&M
$D%$)'U &'8&^?@+&'*).)(%$+$)'*)8+ $&U+1h+,C?@+f&M+?$?@$$,B&C+h9^+Ak*?@+%$@&8&7
;)['3)U+h9'^ A'./K+)5*&'( 1d+5*&'(&C+1u%$&'79R&0+o?$&'U ;%+=?=&B+__d[+.G$V+E).?@
_&][.+,R+A*%=9K
;&''K).+$)''k5Y+%@+E)''58@+=&''C&7+)''( hm&'''C &'.%T+5(+;=HD+;e'5C+@$$,'B &'[58?D+h&'U
?=9'''''8 __)'''0)*+=&'''B ?$&'''*)5K+=/O&7+o9Y&'''C A'''k*?@+ZC&'''* E%,'''K `/K&'''7 ³)[½5'''B
1E?@)'* `,n+4i5(+E)5i5*)0?$)R+:ZC)*+=&…8%=&C+E)5aB?@+&+7$/Y+f&K&7+E)53&˜&>
_d5*+&*%e+5C+@$$,B+?=9Y+$&7+d0$)C+ZC+&F*/R+L5[8+:?$&a+5C)*+).=$+E)5+7@
;&*%=$/['B $&'U )(?=&'B :?$&'a.,K?@+ 2&k8$@=&8&C+f)C+%@?T[.)U+A*)8?D&7+;?$&U
Za'B?$)*+?$&'3?$&U&C+__%@%$&'M&C+)'C?@+E)'.D9(+$)'0?@ E).)*/(+/(=&(+1E%@+;&O$/+ƒC)U
A'B=/O+1;+,'R A*)8&'* ;)'(%$+&'0 Z'*?@++N+;9($&'U AF+.$)'* 1`+=9'K?@+ L.$?D+;$)*
_Z*&.&kC+;$?D+=&B
;=&''B &''0 %@?$&''7 hm&''C %@?@=)'''r ,'( %,+5'^ 4.=)'C 1o$/'3 A€'B&U+&'7 ²,8q'3$
q''3)C+²,'8 q'3$&7+L'5„H,8+9'^ __Z'R?@+’H,8&'7 ?$&'B=/O+A'ƒK+&'a5*?G?@+A'B=/O
45'''B&0+_&'B=/O+;$?D+b?$+L5*)'K?T[.D+Z'*%D?@%$+__`+,'–C+E9'R Z'*%D)*+)a'i5M+S&'5*
=&'''C &''''a.=&C+)''*)M++A''C?@+)''FC+?T[+7)''C A.&+7&0$/''B&C+P''B&M+?$&''.9^&7+Z''C A0?=&''K
;9^+’H,8)C+;T5U+__+AC?@+=)KD=+;9^+A5*%,K+o&7+1A*%,K=)C&7+)Y$&U+;T[B&>9^
_&89^+A*$/C,+5n+Z>+;pC`=+o&8&U+S+;/C+o9^
E)'0?=%@)(+o9^&'* ;D9'B&C+ˆˆv'c./39^+9'^XX+;=)'C 1j'5C+ AF+7&^+`$&8)*+j8
E9''''C ;T*&'''''8@=?@+$@=?@+{?$&*)0&'''39^&*+Aa'''B=&>+9^&'''7 Aa'''B%+=&C+Sj'''[.G$$=/C
W?$&(%@?@
__j''C E)'''(9^+A'(%D+;=)'C ?@,'C j*%/aC)'( Sj'C P'B$=@+1P'B%=+A.T['B&>9^+;,+5'n
_j8+A*@,0,+5n+&.&8&U)U+:)FC+E)(%+,8/K+4+.=)0+&()0+;&*+E)(&0&5.T[B&>9^)C+&(%$&0
 !"#'%&'()*+,- ”””
&''C ;&''*%$&U+:?$&'''(%TC)C+%@Aa'c.$+9^)'* ;V&'C &'0 &'.%@?$&7+;T['B&>9^+;%+,'8/K
E)5a'''''''B&C$)R+A.&'''''''8?=)0&C+:?$&'''''''[[5M?@+f&''''''''M h?@+?$+ˆ&''''''.p¬7%›A(&''''''.9^)*X
_?$$@,0&*+Aa+.$T*)8+A3$/(+;ˆ9^)*X+&*%$&U+;?T[+5M+L5B&0+:=)0&(?$/ac^
&''5*+b&.?@=)€''B%=+&''.&($+h&''U ˆ&''0=&U+;T[''B&>9^+=&''B&7+E$/'''C h%=X+I%,'(/K+&'0
AF+.=&'*/M+ˆv'c./39^X+=&'B&7+E@,'0 ®'3&8+ `,FC+ZY&CZY+%@+b&5*).&C+$?=%/+5U&7
&''F*/R+_&''.?$&|)O+1E%}+5''7 AF+5''B&0+P'''B?@&C+)5*&'( A'i.$&+ƒY+:&a^&'B $@=$+?,'n
L5*)0?=%@&'*D&^+__ZC&'* ;9'^ A.%=%@&'7 ;)'K)U+ {&0+{)0?@+%=%@&7+%$+ˆˆE)5K&B=/OXX
j.$&'0)*?$&U+;)'.,n+)a'i5M+SE)5*)0&'[5˜&K+=&'B ?$&'[R&*+4'5Y9ƒ0+ 5M&C+)0?@+m%$
1 ˆˆ&''''0)RXX+;&0&'''''B=/O+&'''31+&'''($/Y+;pK$&'''7&M+z+5'''iFC%=+E)0)K$&'''^ =&'''B&7
;$)'R?+=+1P'5C+ $&0&.?@=)€B+/F+7&C+S?$%+,C+E)]+5>+$&F+5(%p8+o?$&U+SzC?@+ˆˆ&>%,^XX
I A(/K+4+50&.+1J)M+=&K&U+_`=9(?@++N+E)†).G+j.&0&*
%@;9'^ Aa^?$&'7 &'.?$&U+9'C ;?D%$&'k*)C+ $&U+ˆˆhV+9C+j+5C+E)0&+7%T[8+:j.+=&kC++NXX
_E)5K&B=/O+;$/()M%@+&.&8&U+_`/C+o9^+E).9^+A(%D+&0+%@&*+E).&k+.=
A5>+;&M+E)0&O?+=+?/+50+$?=&C+1E)3+;?+=&*+=&B+&(?$)*+E)Œ=/O+A+790+&]+5U+%$&U
E)']5>+Z'C E)8m)F'B E)5a'B?@&7+z…5a+5'B,C+1•&'R&O&R+ ;=%}+5C+&]+5U+&0+__j.&0?@++N
_&*%,K+1ž=/O+AF+.=)C+L5*).G+:vB%=+%T*)(9^+;m)FB&7+?/+5U+Ij+5+7?@
&''F*/R+S?$&''.9^+A*)''3 =&''B&C+&''B=/O+AF+.=)''C %@+E).G&'''7 ’H,'8 ;&0&.Aa'B%=
A'''™ ž=/'''O ;=)''''C 9''C )''B)U+q''3/~+__)''0?@+E%,K=)''C ;9''^ ?$?@$/''M Z''C Aa''3&C
$)''0?@+E).&''0&+7&0+;9''^ A*)''3 E)C&'7 &'.&M+?@=)€'B%=+$&'cO+A'R )(?$&'U :?$$@=%/'^
''5M+9($&''U ;H+=+&F''3$+AF+5*)''C)5C+&'''a5C?@+{%@+h?@=&'C&7+;&'.)5*@+h&'U )'0?@+,C$)R)(
_ZC&*+=).@+AF+.=&c8&Y
&'7 &'.%@`+=9K&7+9($&'U Aa'3 :E&'FC+ ž=/O+E)a*)3+;=)C+E)0&.A0?$V+=&M+ZC&*?$
&n?@&''B ;$)*&''M&7+’H,''8 A'''*$$=?@+_j'C?@+ž=/O=)'C A'5>+1&'.%@+E)(9^&'7 $&'*)(9^
?$&''''*)a*)0&˜&>+/+5*&''7 ;?T''C=?$++A''( Aa''B?@=&M+:&''Ž[7+1E$?}+5O&''0 Z''R?@+A''B)8
;=&C&a'''B?@+;?$?=?@+;&0&[5'''i^&*+?=)'''0$$=+1²$)'''O &'''0 &''''.?$&U+=&''C&7+_`}''^?@
²$)O+1£F+./(+’H,8+&0+&5*+E)B)U+?T[+5M+o?$&U+_j39>?@%@+;/.@+$&U+;=)C+1E&0?@
_)'FC+ ,+./0+%@=)O)U&7+;9^+&*).)*%@+&.%@+;?$?$)*+;/.@&7+AR+1Z[+5C+h&M%=&n+;9^+9C
 ””  ./0'123'456+*67
£''F./(+?=)''0$$=+=HD+_`,''FC+=&''B&7+AŸ''3&8+&a'c.$Z>+&'F.=&*/M+%@;9^&'7 o&'8&U
E)5.%$/'c.=+ ;=)C+AR&0 :?/539>%@+E)5F+57&k8$@=&8 $?=).@+?/+5>+E)5*)(&+7&^+1E&M
Z''> E)''50=?@+ž&''0 $?$&''a5[+58?@+A]O/*&'''C b)'> ;ˆ&'–Ç$X+1}+5'M =HD+_E&'^?@=?@?$
&.Aa'B%=+h&'U _=&B+&a+5R)*+Ai5B&0+;$$D?=)U+1&.&M+e+5R&C+A*&8?@=%/^+=HD+_)0)*
E%/+5*&''7&0+E&'''0?@Z>+A'0=?@+o)'C o&'*%$&U+S&'5*+?$%=)'3 ?T'[5M+?$&'*)(?,n)U+;V&'C
_E)0&+ƒR=&''''B A.T*&''8 J%$)''U 9''C &''.&M+b&''.?=%/C+%@+¯GV+A(?,n)''U 1f&''–C+A(?,n)''U
_?$&'.AKGV+4+5a'3 1A+7&'–C+ 4+5a3&C+?T*&C+%@ˆˆE@,C&ai^&7X+E)5a^&C+L.=)Y+`T*&M
&''0 &'.?$&U+q'*%,K+A'3$/8&M&7+:&'„H,8+;?$&'[.DH@+A[+5\'* E)0&a^&'B ?=)0&'7 450&'.
&'''a5C?@+o9''''M L.=)''Y =HD+_%T''CV+;9''^ =&''B&7+?@=&''> 1Z''C ?$?=?DH@+9''^ ’H,''8
_&.?$&*)0&*)5K+&B=/O+A*@,0+A(=)0+;9M&C+)5*&(+o&*)8=&n+h&U+PB&M+;&*1`+=
&''8&U+IZ''ƒC+%@;9''^ A7@&''7 &''0 A(&''.9^+;&[5O&a''B%+=+;?$?=?DH@+4+5'''B&0+)5*&'(
jC?@+J/F8?@+jK,K+$?,+./0+&Fi8+&.&cO+h&C+_&89^+;&>%,^+o?$&U+$&89^+;&0)R
;&'''>%,^+=&'M :o&'>%,^+$&'*%/8&M+;&'0)R+:&'0)RX+&'.%$ ?$&'*).V&C+E)'50$$@+=&'M &'0
ˆ_&*%/8&M
h&''U 1j''[5C?@+E%/Y&''C 45a''3$/8&M+&''0 `$)''* d''3&*)B&0+$&'''U ;?=)'R Aa'B%+=&C
oH@&''C {j*)''0?$/C+¢.)''O ;H,''K &'''*)8&U+:?q'0)R+Z'> 45*)\'5Y+$/8&'M&7+E).&'*)\5Y
&''0 Z''3)*+?$&''U 9''C &''*$/C+¢.)''O Z''> h&'U _E,'K?@=?$+e'5R+4+5a'3 $/8&'M&7+__j'*?G?@
;e'5RXX+;&'*$/†+&'a5C)*+&'[(e+5R+$&'U z'ƒC+E)'. _`=T'C $)B)>+Z>+;ˆPB$=@+;e+5RX
$&'3H=&>&C+$?=)5a'B&M+&'0 u%D&'U ³%@=&'> 1?=$&K&C+&8?@+$&U+h9^&C+o&C+ˆˆPB$=@
_&0?=&K+h&*+h9^+9C+__`$&8?@+h9^+9C+ˆˆj8XX+I+A+ƒC+Z*%D?@
&''F50)(+?=)''.@+)''FC+ž=&'''M 45a'3 $/8&'M $?$&a+5'3)­+4+5a'3 $/8&'M ;&'B&0$&U
)0?@+;9^+$&F+.=&0+?$&U+Z[+.+=?}C+?$&.+;T*&8%D?=+;%$&M+&C+4+5B&0=&M+:D%=&C?$?+=&7
_ZR?@=?@+;9C+$%@&0&7&K=&0+/+5*&C
&'[R?@+&'F*/R+S&'. N D&'~ d7)'U ;=$/'B 1É+7&(+;@=?D+?$&*)0&k*?+=+$/8&M+$)R&C
E)8&'M &'.%$+;)'*)8+)'FC+x'*?=+A€'B ;&0&+7)8+;=%/.@+1J)M+4+5B&0+_?$&[+./^+Ak*?+=
_?$/B+f&M+;9^+Acn&*+&7+A€B+Ak*?=
 !"#'%&'()*+,- ””¡
&''3V+AŸ''3)U+&''0 &''.)*+4''.=+%@&''*%$&U+;e''5R+f&''K&7+he''5R+:&''[./^&7+hD&'''~ j'8
&]O)(+$$@+h&U+S?$&F.@+A0&.V&7+j*)0&.A.)8=)(+AŸ3)U+$?$&0&.V+&7+j*)0?$%,0)5898
·''( da''B?/C+%TF+5[+./''3&7+&'''0?=&K+h&'* j'8 _Z'C P'39K+1j'./^+&'0 jF+5a'3=&M+;G@
&'0 E?@&U++N+o?$&U+AnV+&*).Z+ƒC+=HD+$&U+?T*&R=&M+`$&0+`$ u)0?D)C)*&R+A[+.+,R
f&'K&7+&'.%$+ q3)C+&(%$&0+&5*)M?$+}5K=&M+hm&C+__&*%=)C+,+.D+E).?$)¬7+AF+57+1j+.e>+·(
WdaB?/C%= %@&*%D)C&*&R+$&U+A8?@=&C&7+b?$&*+:h&FC+=)3)C+E)0&+7&r?@+$D@
A''[.,R+·(=&''C &''0 E,(@$/C)''* Z'''> h&'*%$&U+hm&'C &'*)0?D)C&*&R&7+d'O=+?T*&'R=&M
o&'*)8&U+;T*&'*)8+:E)0?+=?$&'7&M+;H,'K 9C+j0&.&*$/†+q3)C+&*)8&U+:E$&0?@+E%$&U
_E&0)*+Z>+Ai5aB&M+$+E&0?@+A*)K?T[.D+;%$%@+%+pac.$&39^&7+&.%/K
%@&''(&+7)~+$$@+/+5*&''7 &''0 E&*)''B&0+$&''U j*)''.G+Aa^&''C@&C+?$&'''[8+;V&'C ;&'*%$&U
:E$/''C?T*+=@+A''k[R,+.G+;$)''8%@+jC$/C&''* ?T'''*=@+;=?$&'*)Y+=&'K&U+I?$@=%/'^ E)'.pK
_h?@)*+f&M+h9^+;=%$?@+?$&*)B&0+$&U+Pi*&(&7+h9^&C+o&C
@&C+?$&[8+;V&C+E&0?@++N+E).=HD+1&5*+j($&0=&B&7+E).D&~+;&*)B&0+$&U+E)c.@
d'''3&*%$&U+A*)'''.G+___hD%/^)'''* J%$)U&''''C E).)''3)>+1E)''K=D)C+$,kY)''C A*)''.G+_v^&''C
_4+5]+.=&M+)(+ZC+?$&F+5*)0$$@&7+{&.A*%$&B)>+E).&i5>&0+&0?=&K&*
;?$&'''U hm&''''C__h$/''C A*%$+=?$)''R 1h%=)''U ;,+5''n E&''.)^e+.=@+A0&''.?$)8)(+L''5[8
1da''B?/C%=+{I+&''0 ?$)''[5M%+=+h9''^ o)''M?$)U+ˆˆj'''8XX+&'7 &'.Aa.,C+h&'0?@+A*%$+=?$)'R
A'B&0+I&'[8+;$?+,.&'> &'8&U+_h&'FC+)8&'B 1d+.+=&'kC+f&'M Z'> 1h?TCD)'C 1h&FC%=+1hH+,C
I=&'B&7+%$@&'C%$@+Z[+5\'C%=+;9'^ &a'c.$+A>+Z'C j'.,n+ ?,+5n+E%GH=&7+4+.GH=+ZC+A0?=&K
²)'*9O+&'5*+;9'C ž&'0 ;T5U+_ˆE@,0)8&B+{E%+=&K+f&\+5>+{E%@D)C{E@,0%+={E)ac+.$%=X
_j.+,n+;%@$&8+&()kC+&O?=D)C+b&.&C+$)FC++N+;,+./C
__h$/C&'''* E)5*%+=&''''K f&''M %T''5>+;,+5''n ZC@,0&''* T''*/(+E)0&''OV?@+&''7 d''c.=/K+)''(
E)0&.Aa'''''3&0&*$/aB+A''''F>H,(+9''''C jC$/C&''''* f9''''( $T''''*/(+d0&''''7&C+;&F7/''''B)8)(
1J&'–.=)8+;&'>9>+&'ƒR+&'a.&kC+&'.?$&U+J?D&'7 1A39^+j.,(+?=$&K+__h$/($&0&*=&B
&''.?$&*%@+4''i5(+h&''U __Z[+5a''cC+&'''€ƒ0+1P'5C+=&'M A[+5'BpkC+f&'M 4.,K)'U __;=)'5*%D
;$%e+5K&''''7 ;&''''*%$&U+9'''C &F+5'''i^&C+T'''58/U+1E)0$/a'''i5*+&.Aa'''3&0+9'''C &'''F.=&C%+=
_E%@+J)B&K=&8
 ””" ./0'123'456+*67
&'(?/(,K+h)'k.=+E%T*&'R &'0 &'.%@?$&7+L'5[8+;&[5O&a'B%+=+ 1AaB%=+&(&8$/ai.&K
&'8&kC)(+h$/($&0&*=&'B %@&'*)F5ƒ>&C ?$?e.&'> b&'. &7+$=)0&(9ac^+h9M+E%T*&R+$=&C
_u%$+,C+z.%$@+9C+?/+.$&7+1;=&B+&]R?@+)ac+5U+;&F>H,(+$&U
h%$+&''i58&M+&'''F*/R+S?$/'C%@+;=)R)*&'7 ?$&'U A'C@,0+h)'k.=+A'B,>+4+.=)'Y 1P'5C
AO)''( h9''^ 9''C 1E)''8D+&''][+5\C+)''k.=+A*).=&'C 1)'k.=+;@/'^ &'0 ?$/'C T*&'B&>+?$V&'C
_?$&8&FC
W?$/C+?=9Y+$&C+)U+d[($&0+L+5>+?$&*)(/0+2&>+1ž,>+;?=)C&7
;9^&''* Z''*%/()*+}5K=&''M ZC$/C&''* h%=$+Z'''C %=)^&'* &'k*?+=+$&'C)U+h$$@=&'8 =&'K&U
_E)8D+&a+5[+5\C+;9^++=&8&7+;)k+.=&*+1E)8D+&a+5[+5\C
;q0)R&''C&*+$&''89^++=&''8&7+;e''5R+o&''8&U+)'''U __&'.&M+;9'^ ;e'5R+$&'B&0+=&'M
1w?@+=%D&8=&'''3 A5>&'''* o?$&'''U ;%,'''.$+:u%D?@+;&'''F.@ A*)''''0?e+5R+;qC%,^&''C&*
_h&0?@+A*)\*&>&*
?/+./0&'7 $&'.?/+5U+;)'k.=+&'8)0+u%D)'* )Y$&'U _=&'C &'8,K+;?@+$&'89^+;)'k.=+&'8&U
Ws&.
S?$&'*%@?@+d'8m?$+?=)5'B,>+h&'C =&'M ˆˆs&.?/+./0&7+)k+.=X+Id5B,>?@+E)5+57+;&*%$&U
_ZC+E%/8&M+9C+&5*+%@`+=/K+&7+4+58)O&3+1&.&M+;9^+;)k+.=+$&B&0+=&M+&F*/R

! )<*B!=)"#*Q&.#!56@K!=)"#*Q&.#
!9
%@+E)0&''''~$&7+?D)''( 1E)0&''~$&7+&''*90+;$$@=&''> /5*&''7 h$/a''i5*%@+A''57+j8%$&''U
_?$/C&*+$%$&(+=&B&7+E)5*)0?@=)€B%=+;?$&[5B$/*+)ai+5M+AR&0+h?@?@+*=&B
j''8 su$/''C P''8 A()''B 1h?$&'*$/C++=9'3 A()'B __P'.@+j'8 ;ÊJ)'BÊ+;&'0 ;@&'U
;9''''M &'''''.&8&U+:&'''0&7&k8$@=&8+;V+9'''C `=%/'''^ &'''].=&>%@+:;@+AF+.=)'''Y &''']0?=&K
;,+5'3 )Y$&'U `$&'FC=?@+9'C h&0?$&*$/C+4.}*+J)B+;&*)i5*+&ac.$A>+:d5*%$+=?$)R
svB&C?@+?=)(&O+)5+7&K&7+E)0?,(90+&79>&0+d[5C?@+?T*&^&C+h?@
 !"#'%&'()*+,- ””Š
A0&'5R=&M+1d'.$@?@+{%@+h9'^ A'cn&*+f&'K&7+ __h&0?@+&cO+ZC+?$&58?@&C+)B)(
j'''8 9''''C ?D)''( AF+5a''3 ž&''0 ''5M+&''F*/R+S?$&''8,5K?@+A''89^+A''cn&*+9''C u%D+A''C
_?$&a+.+,+5K)*

”
&'.%$+;+=?$)'C $?$/ai5*H=+?$&*)0&*)|,K+&*90+=&B&C+da.@+h&7)+;V+&‚)M+Z()0
_?$&(&*$$@,0+)5Y+A*).G+;&>%,^+$&0)R+$?/5B)*+AF+5a3+$/8&M
Z'C ;T*&'B&>+P'3$?=+;?=)'C=?@+4+5'B%/^+1ž)'C =&M+I&.%$+AF+7&^+;+=?$)C+da.@
`=)'Y J)'M?@+?$&'0)R+ x*?@&C&0+E%$&7+4+58)0+=&M+o?$&U+;%+,+.$+S?$/R=&B&C+A()0
ZC+o9^+AF+.$&^+A]O/*+;9^+9C)(+@,0?@+;&0)K$&^+&7+;$$+=
Aa'B%=+?$/C&'* 45B&0+Ih?@&U++=)Y+j8+_d[+5\C+=&C&^?$+E)0)K)UZC+1¢+5K+h)aB?$%+=
&.&'''B&0+$&'U L.$&'U :Z'*%D?@+&.Aa'B%=+h&'U j'5M%@+)5*&'( _Z'C A'*%D+;&'>%,^+$&'0)R
=&''M ;$?D+A''B$/*?=)R+$)''*)8+1Z'''[5Ÿ+7/^?@+2&'k8$@=&8+9'C E)0&'˜)8)U+1E)'i5*&0
=&''M 9''C `$&''0)*+;&''.%=+;@+AF+5'''B&0+&'[5M%@+$&'U ;&'kŽ+5C+__?$&a+.,+5€'B?@+;$?D&'C
_Z[C+@)5[C+9C ;9^+;&>%,^+$&0+)R+4+5a3
?p>+PiK+h?@=&C&7+__j[+50&aC+f&M+4+57+b&.&[5*90+$/8&M+&F+7&^+$&U+&.%@+u)8=&n
E)5*)0?p)'3 1L5'3&0+$=)'KG98)U+$/8&'M&C &'8&K+)Y$&'U :v'B?/C+ [O+%@+4+.+=?$)C
$‘+7&'''M &''''*?TC+E)''557+j''*%D?@+E)8&''U A*)\''5Y+;=9Ë&''^&C+E)''.9^+;&''*%$&U+1E&''FC
_z*&F+5>
h)'''.=$+__j[+5''3?$+E)''.%=+1E,''kC+E)''5*)0)*%@+;&''^&.+A^)a''B/K&C+Z''*%@+u)8=&''n
_E$%,*+f&M+?$&*).G+Aa^?=@+=&B&C&0+E?TCV+&*)3?+=+&+7?$%@+$&7+E).9^+?$&*@,0
A'''57+?$&'''*%$&U+A'''*%T[.D+$&''''k*&(+;=%/''57+=&''B&7+__d''.=/^%=+E)''55(+$%@+u)8=&''n
?$&'''3&.&k*&(+$&'''U =&'''B&C+&'''3V ?/.+=&''> 1J$/C)(&''7 ?$?@,''0?@+AŸ+5U&''0 da''i5*H+=
&''a7)K+1z*&''F5>+;&'''8,>+&'8?TC+$/C)8&'* ;?T*?$&'U :@,'0?@+E).&'^=&R+E)0&'3?+=&7&O
`=)Y&'C ;T*&89F'3 ;&'.)8+`,'(/kC+A'5>+;?$&'U __h&'FC+ E).V&M+V&M+;$$@=$/C%=&C
_$/C)3?$+f&M+4+57
 ””« ./0'123'456+*67
45''''3@=&K+{%@&''>%,^+$&''0)R+=&''B&C+=%T(m&''B?@+A0&''.%,C)0+b?$+{$/''C 4.=&''^
=&'''B&C+j.,n&'* 1§?D&'r A8)'Y {Z'C%@+A'57+Aa+5'3 ;&'()8+b&'.%,C)0+b?$+__h&'FC)>=&C
E)5a''3 j.q0$/''B &''C h&''8&K+?=)''.@+o?$&''U __?$&''8&FC+œ'''ƒO+%@&'FyK+12D+AM)'*/K
_?$&*).&>%,^+$&0)R+J&C)C&7+?$/()M
&''(&–.=)8+u)0?D&''~ $&'''B)(+__hT'*%e>=?@++N+E)5[5*&'F5>+$?/'.,O+u)0?D&'~ $&'B)(
&'''*$$@=&K+$&'''C ,'''> $?/5''''B?=+?$&''7)C+&''($/Y&C+?$&''*)0?G&0+A*%T[+ƒC&''7 &''0&.&ƒ./50
)Y$&'U _&'*)F>H,(+ $&U+=&B+9C+?$&8@,0+E).T[+ƒC+&*%D&~+$&B)(+$&U+&0+;)U+__A[+5ºK?@
h?p'''( $&'''U __WT*)O&'''( d'''5(+%@+u)0?D&'''~ f&'''K&7+=?@+E)0&''''( ;?D=&''7&C+AF+.p''( b?$
A'( ;GH=+%$@+A*)0?=)*&'0 $?=&'C __?D=&'7 &'a5…()M+=$/'* ;&'K$)R+ $?=&C+%@+;D9B+,>&7
&0+d+5iFC+f&M+$&(+,>+;$)(?=9^+?=&C__Z*$/ai.&K&*+E)5*)0&*$&^+)ai+5M&0+)FC+f&M
h?@&'U E)0&'( &[+./'3 $&U+$?=&C+1dF+.p(+__?$/($&0&*+;?=&O+b&.&i+.T*&U+$&ƒ.)r+5M
x5K=&'C 5M&'C &8=&'3 E)5i5>+1E%T*&C+PB?@+$)8&B+&(&*).$$@,0+E)0?T*?$%/^+&0
_j39€C%@+E).9^
&''*)(&>+&'7V+h)(?$&'U _`,0)'* ·'B?$+h9'C ZC&'* )]+5M&'C )5*&'( &'.%@`+=9K+&'7 ;?$&'U
&''0 ?$&''8&0)*+£''B ''5M+%@?$&''7 %@+L5a''B%=+&'''7 __h=)'C Z'C )'B)U+p)'3 1h&0?@&'cO
Wh,kC=?$+E%p)3+A[.+,C=?@+1E).&C+;=)R)*&C
h&'''7)+%+,+.$&'7 &'F*/R+$/'C &'*%T*?$%/^+A>&'K $)8&'B 45a'3 $/8&'M J$&'0=?@+h9'C
&''i58&M+E9''R :;9''^ A''cn&*+=&''C ?@,''C ;)*&''> $@,'''0 )'M?+=+;9'^ 4.T*&'C $/8&'M&7
{9''^ =&''B 9''C ?$&''*%@)C+1A+7$/F*&''C 1E)''.9^+;@/^=&''C &'''*&C?@+)'*)M+E)'0?T*?$%/^
_;9^+Acn&*+=&C+?@,C+;)*)M+&0&8&7)+o%$)U+:E).9^+A(%D+A[5[Fi>+&*$&0?@
_&'R=)>+&'R=)>+A()'0 &'C 4.=)'Y &'a7)K&7+$/'C A'a.,C+ SJ$&0=?@?$++N+u)8?D+%T.$&7
;=)'. 1&'*%=)5a^&C+A'.D%,n+=&'B&7+&'.Aa.,C+ Â+@/Y/7%+¿Y%$+›E$/C&M+&ac.$Z>+da.@
)0?@+;D%,n=&B+;@/^&C+;D)C+PB?@
__?$&''.;DH@+d''[8G$@+?D)''( A*)5K&''B=/O+__?$&''.DH@+h9'''^ A*)a.&'3 &'*90+%+,+.$&'7
;&''>%,^+$&''0)R+1P''B%/^+1A.%=)''U E)''i5*+12&''K )''B).+1E)a''B=9K+&''0 ;@+h?$&'U
_E$)[+5M%@
 !"#'%&'()*+,- ””#
A5>=&''C 9''C L.$&''U :$/C)''[5M+4'5>+E)5F+5*%T.&'8 E).$/8&'M&C+E%$&'U E)'c.@+d'a.@
&'0 &'5*+4+50$/'B ª$$=+'5M+__&'5*+9*)'3 ZC&'C o)K)8&'B9^+ __$/C?@)8)U+E%=&0)8&B
_j+5(,n&*=?@ 1j+.}^&*%=+%T+5>,+.G&7+A[K,K+$?,+./0+&Fi8

 
P'B?@&C+dF+.$?+,.&'> __da'i.&K+ˆˆm)'C A'„H,8XX+;&'3$+ ;D%,8&C+`$&7+=&M+E)c.@
&a''''c.$Z>+&''.9($&U+AF+.=?$&''*$/C+’H,''8X+I?$%=D&''8%@+&''.&r)[C+h&''U =&''B&7&0+)''[5M
%@;9^&''7 ’H,''8 _Z+ƒ+5\''C A5Y&''C 1Z''iFC+%@+’H,'''8 =&'B&C+`$&'FC+f&'M N AF+5a'3
A'''*%=?$%@+%@;9'''^ ;?=%/'''5U+$H+=+?/+5*&'''7 &'''F.=%/…+.= /F+7&'''C &''5*+P''B&C&8+$&*)''i5*
A8&Y=&'B f&K&7+?$&*D&8+;$)(?=9^+;?=)C&7+%=%D+A*)0&3$+AaB%+=&C+_&.;=?$&a^&C
AF+5*$/C%$)''''''U h?$$@+&''''7 &''''.Aa.,C+?$&''''(?$$@,0+;D=&''''C ?$&*)\5Y=&''''B&C+;?$&''''U
_ZyC=?@+`/*+AO&n&3+?$&.%$@+&7&0+9($&U+A*%$&^=&U
}5K=&''M &''0 :AF+7&''^ ;$)R=&''C &a'''c^+d'./*+A0&.?,+5a'B&U+&'7&890+14+.=)K$&'3
$@,'''0=?$+%@GH=+$&'3 ;=$&'M &'7%$&K+=&'B&C+d5*&'F5>+)Y$&'U __?/.@&'* E)'.)M?$+Aa'3
_T*%=D&8%@++N+dk*?=+$)k*?=+Ak*&3&O+AF+.D&8/K
$D%=+1A[+5\''*$&U+da+5…a'''c.$&0+:E$$@,'0 u)0&'*$/R9C+$p'C $/8&'M ;,+5'n d5F+7&'^
%@&''7&~$&7+:?$&'''8&FC+E)'.90+1h&'‰ E)50&'. E&'M %@A(&'.)„H,8&7+;?=)'KGH=+A*%@=&'K
&'C da'B?@+{%@+E)./+5*&'7 &*%p)'3 1E$$@,0+E).&C+9C+d89^+A*)0?$$D?=)U+A8&Y=&B
GH=+$%@+! &'0 h&FC+E).,+5n+)(+SE%@+hV+J$&F+.=+?,+./0&7+$@,0+E)0)]+5M+;?$&*@,0+A3
_E&FC+=)KD=+$/R=&B&C+A[.=&B+h?@=&B+?$&*)[+5M%@&C+__j[+5Ÿ+7/‰
A^)*&7+$$@=$/C%=+;=)KGH=+&0+E&FC+=)(/O+&.A(&.)„H,8+$&U+I@,0,+5n+À&k8$@=&8
PB%/^+/ac.$+)(+ˆˆ$/C&M+;?$&UXX+A[.+=9K+48&R&C+L.$&U+S?$&.A(&.$)y+5>+%T.9^
?@%p''U P''c.$+&''0 &.&a''3$&U+=&''M $/'''C $%$&'( ;?$&'UX+IE?@?@++=)'Y $?$&'[C?@+P'B%+=
$/8&''M &''7 &''.9(+;?@%p'''U E)'. &'.9(+Aa'B%/^=&C+&'8&U+;T'5U+ˆ{Z'…C+{$/'C E)50?=&'K
_%@+4+5*)8?D+1J)0
 ””t ./0'123'456+*67
$&'U &'0 E@,'0 d'i.,+5n+__$)R=&'C &'($&0+ &7&k8$@=&8+h&U+9C+d5a3)U+&[3&R+h&C+)U
_E&FC+,+.@$)*+&.Aa3)U
&'F*/R+S?$&'].=&kC+=)'Y %$@+9'C )(+Sh&0?@+h9^+A(%D+9C+Aa3)U+A*%$+=?$)R+)ac+5U
Z'> E)'589^+ ;&[5˜&K+j.q^,*&C )B)U+=9^+1dyC+E)8&*+$?=&C+%@+E)./+5*&7 `$&8?@
__Z'C?@%$)U+ %T5F.=)(&7+1E)0).=?@+=&B+&()^?@+;9^+;?$)3&K+;?=9^+$&U+__h,+5€cC
An&'0 =&'B&C+;D%$+?$&'[.+,+.D+A+7$&'B&C+E)0?=%G&'M ?p'y5*+%+=$&'U A.?T['i^&C+ &7+=&M
A'''8?@+&'''7&0+h$/'''C &'''5.D%$+P'''B?@+h&'''U ;,5'''n ?$?=9^&'''7 %$)'''U _E&''''0?@+E)''0).=?@
;?G)'''M ?$&'''†)0?$)R&7+4'''c58,n+;$?D$/'''7 1T*)0$,(?@&'''* N d8$)''''R %@A*$/C%$)''U
_@,0?@
L.$&''U &'*$/C+%$)'U =9'^ A'3&C+E9'R __Z'C h/'K h$)'R =&'C&7+%$)'U A(&'50?=&K+%=%D
_ZC%$)U
A']O/* $?$/a'i5*H=+%@+E)0&'~$&7+?D)'( 1E)0&~$&7+&*90+;$$@=&>+/+5*&7+)(?$&U)U
_?$&(?$%,B$/*&*+=&B&7+E)5*)0?@=)€B%=+A(?$%$&(&C+)ai+5M+&0+I&.A*%$+=?$)R

¡
j'5C+ /F+7&C+sjC+`/0&7+u)0%,C+ZC?@+__d[+5M?@+9C+E)(?D)(+AF+5~$&7+%$&U+WjC=%@)K)U
=&''B&7+A*)0?@=)€''B%=+)Y$&''U __E,''kC+f&''M %T0&''(&7+h&''0&~$&7+$%T''7H@+/+5*&'''C E&'FC
_Wsj+.,FC L^&*+E+V@+;?+=&>)3
I)'''0?@%$%@++N+h&.?@=)€''B%=+h&''U {?$?=&''C &''[.@+V$&''8&7+;&''*%$&U+9''C u)''5„+;=)''C
Z'3?@+$?D)'C ?@=&'C &'„H,8+ h&U+&F*/R+S&C&8+j+5˜/K+9^+%@+J&0&F.}*+&B&0+f&K&7XX
_?$&[5aB&…C++=/K+A(&.%T[+ƒC+9C+=$$G+$?=&C+1j.+=&>++A(+%@;=&B&C
A'cn&*+=&'B&C+)'( =)'0 &'()‰+9'M $)'k.=+j.T*&'R &'0 &'.&M+ ?$?$&U&C+A3&C+’H,8
&[a'''i.&K+A*).=&'C ?$&'*)C+$&'k.=+$&'7 ?=&'B&7+J?T*?$&'U =&'M 9'( _)'FC+=?D/'K %@;9'^
%T'„H,8+=&'B&C+E$/'C V)C+{IA(/K+1J)M+4+50&.+=&K&U+9^+_;?@&*+;=&C+1`,kC+²)*9O
AF+.=&'''a0&U+;&''''cO+&''8&U+S&[+5‡&''B ;&''8 ˆˆ;@+&''a.@+4+.D)C&''C 14+.+=/K&''C $&''F.=)0
&C&8+j+5˜/K+9^+)aF.}*+AB&0+f&K&7+E)‚/K+_&.A*%@+`+=9K&7+)M?$+Aa3+$&0HT*&^
$&''U ;=%/'''C $&'Cm)C+%@+J9'^ A'cn&*+=&'B&C+$&'FC=?D/K+?$?$&'U ;@/^&'7 =&'M &'(%$&0
 !"#'%&'()*+,- ” ‹
9C+b&.)*%/(+&a.&0AC+1;&kC+D)5*&C+A+57+9(+A*%/a3?@+:)kC+D)5*&C+P+57+;?@&*+J&B&0
&'F*/R+:)'0)*+ %@+b&(&7+J+=9K/+7)U+%@?=)0$&7+;@+AF+5B&0 P.&0+;?@+9(+;?$&U+_J9^
A*)'8,n9^+A(m&'B?@+4+5'B&0+_%}+5'U $&'[.=&n)U+`,'(/kC+A'5>+&'5*+ 4+5a3+%@&*)\5Y+h&7
_ZC+;@+AF+5B&0+A*)8=&n+?T*&C+1A+7&.%+=+`/K+&ac.$Z>++AC&*
AR&'0 E)'.9^+A'cn&*+=&'B &[[+5>&'B%@+E)8=&'n j*%D?@+E&M%$+;=HD+%@&*)\5Y+h&7
WE&FC+;&cO&C+1jC+E).&cn&*+$&U+A+7&.%+=+`/K+j*%/()*

"
_E,''kC=?$+4+5a''3 '''5M+)O&'(=)C+1A'a.,C+ZC&'C &'.)*+E)'.}+5C+E)'0?@%}^)Y?$+&'cn&*
$&'U ZC@,0&'* p'K ?,M&'C ;9'^ A*%=?D/K+1E).G+1P+5C++V)C+Acn&*+4+5a3+$/8&M+&7=&C
W`eC+;9^+9C+zi^&C+1f$&M+ZC&C+`$&.?@+=&3&C+;&7&K+hm&C+?$&()0?@+J?+=+&*).G
$/8&'''M&7+&*)8=&'''B&7+&'''(%$&0+Sj''''.$/C+=?$?,M&''C ?$&''*).G&C+E%$?+=+1P''B%+=+%$&''U
&'.)U+:z'i^&C+A'C &'*).G+ $&U+=&…8%=&C+z*%/aC&0+?$&[.&FC+P3+j.q3)C&7+pC+%TF+5()0
j.@=)€''c5>+AF+5a''3=&M+E)''.GXX+Iz''5ƒC+&''0 &''.&M+%@`+=9K&''7 ,''( =%@9F'''3 &'.&($+h&'7
sˆˆ;@+&[5[+5\C+;9C &ac.$Z>
:A''39*+e''5R+1E@=%/''C%=+&''a.$&FC+Z'''i^&C&*+b&.A(&.)'39^+)'( &'5*+;9'C ’H,'8
;e0)''> &''F*/R+S`,''FC+Z''( ;$$+= %@A*@=%/C%+,+5''> $)'''[5>+&'7 &'5*?$&U+=&'M A(&.)'39^
A(&.)39^+A*?$)^+4+5B&0+:E}+.=)>+9^+$=%@9^+;?T[.D+%+,F+.$+A(&.)39^+1ˆ'()*+X
$)[+5>&7+&.%$+q3)C+/F+7&C+__`+=&K&*+A+57+$)0&*+9C+;DHT.&>+)C+)0&*%+=+%T.=&B&C+$++AC&*
_ZC+£+.$+;9^+9C+%@=%D)U+1A+7&>&R
 ” ! ./0'123'456+*67

Š
AR9O+&(+&[.$/C+&]+5U+&5*?$&U+=&M+;@&U+S?=?@+A*)C=/O+4+5k*&i+5>+$/8&M+W&[.%,C
j'./^+ E)†)0&8%D+%@+E)0?D%=+;=&F.&>&7+&5*?$&U+:&3?+=&M&C+h?@+Ak*&i+5>+1A*)C=/O
$)[+5>&'7 ;&'0&55*)C=/O+Aa'39K+j.&'FC+o&F'i5>+ b&.)kaB=&>+;&k($/B+__s&*)5*%e>
_Ws?$&a+./aC+%@+E)0&aC+&*90+Ai.)aB
?p'> ;H=D&'8)(+&'0 &'3&(&C)C+h&'U =&M+S?=%@$)U+14B)*+)ai+5M+&]+5U+Aa3+j.q3)C
Aa''c5>+E)¨&0&a'''c5>+$?+,'C $=&'( E)8&0&a'39K+?$&'U __o/'…*/Y+&'()^?@+E)'0?$)¬7
__z[+.G$$=$)''* %@+E)0&'aC+?=&'F.&>&7+&'*)[5M)0+?p'> $&'U ;&'€7&M+E9'R ;T'5U+__&'^=&C
_Ws)8&B&0&7&M+&*$&0)*+E9R+&.A8)(+A8)(+h&C+;&U
?$&''()0?@+9''0 ;9''^ __?$%@+P'8 ;9'^ %@+E)8?$%=)'3 A(%D&'7 E%$&'aC+A[5M)'0 ?p'>
__Z+ƒ+5\'C ;H=+1Za'B&M++A'C ?/'5>+;,+5'^ %@+E)']5(+;T*?$&'U )Y$&'U :)FCD)B+4+5(&n).D
sZC?@+;=)KD=+&.A*)C=/O+AR9O+h&7+x*&i+5>+E9R+W&[.%,C+;T5U
;T*&''C)>+?T''[5M+`$?@+o9''^ dF+5''B&0+_&'''0?=&K+;%$)'U $&'.&]+5U+;?@=)€'B &'8&U
&'F*/R+Su)'5*+ 1h=&*+$D9B&C+E)5+7&K&7+jC?@+h/K+$)R+=&C&7+;&*%$&U+:ZC&*+ˆˆ?$&*)8XX
_E&F.@+A0&.V+;=%/…+.=+&*%$&U

«
A5a'''B%+=+&'''7 ;?$&''''U :j8&''0 ?,''n j.D9''B f@+1A''.9K+P''B%=+;%D?=)''3 ;&''*%$&U
&'''0&F+7&^+;&'[.=HD+__Z'C $)F'3%=+;9'^ 9'C `$&'.)*+ZC%D?=)'3 %@ˆ&'~%,ÇX+;$)F'3%=
f&''M h?@+Aa''B%=&C+}5K=&''M SE?$&'''[()M+%T'5>+A.?D&'C A*?$)^&'0 E&'*%$&U+:j'3&0$$+=
Aa'B%+=&C+}5K=&'M $%}5K=&'M &'F*/R+:o&'.?$&[()M%T+5>+A.?D&'C ?=9'Y h&U+:?$&[[+5M)*
A''''./(+&''7 &0&55''39^&*+o&''.?$&[()M%T+5>+A.?D&''C ?=9''Y h&''U :?$&''[[5M)*+f&''M h?@
%@&''U ;9'^ Aa'c.$+&'0 E%@+4'57@+A(m&'B?@+,+.G&'7 L5*)0&'*)C?,\58+_%@;,'.G+1o9'M
&''(%$&0+S&a''c8&7+`/'''K $&'*)8,n+?T*&'C $$@$Z'B AC&'C L5'39M+$%@+E)5'39M+=&'B&C
_ZC&'>%,^+%+,*%$&'U ;$)R&7&0+`@+4+5>+4+5a3+;$/C&0&+7&0&7+%@+E)0&*)C?,\58&7+AaB%=
 !"#'%&'()*+,- ” ”
Z'> ;&55a'B%=+ ?=9Y+$&U+&0+?$&(?$/C90V&7+&>%,^+E)(?$&U+A3&C+&.)U+W&[.%,C+)Y$&U
_Ws`,[C+@)5[C
;?$&'*@,0+J?=+1A*)'8/K+@&'C 1A'ƒ.$+Z'C A'*$/C+ J$/Y+;?@%D&7+&.Aa.,C+AaB%=
$&''U A[($&''0 b&''. 1j()''M 4.=&'''0 ;)'U _%@+E).G&'7 A090)'* 1Aa'c.$&*+$&*%=&k8&a'B
W &a^&B+T*&R+AF+.=)0+&*%=&c8&Y
W2&''K%,C+_?$/a'''i.&K+Z'> ?$?@&'C ;@)\'5*+4.}*&'7 H,8&'U /0?$)'( )>)(=&'B ;@)\'5*
&''*90+$&'''U A*T*)F'3 4'5(9C+jC?$&a'B%+=+‘+7)'. j.=&'K?@+P'c*%D+;)8&'[C&7+?/'5U+=&'K&U
_&*)~$&7

#
__E$%,''0 P''B$=@+@,''> $D)C?@=&'''C ?$&'*)0&KH+=?$)U+=&'B&C %$&'U J$)R=&'C &'a.@&0
;&'0?@+4+.$)8$&'Ÿ57&C+ +=?$)C+&.)U+E$%qB&C+f&M+=&>&R+$@,>+?$&i5*)0?=)C$$+=+=&B&C
;H=@&'C L5*)0)*%@+;@/^+%@+L5()0+E)8&M&7+__@).,n+1E)F[^+;=%$)M+/()M+&a+.$&FC
Ws?$&*&‰
&'>%,^+;?$&'U $&'0)R+;?$&'U :?$%,'* f&'M ?$&'*)0?=)C$$=+=&'B&C+ b&.)K=?D/K+=&M
?=&'M ;H,'8 ?$&.9^+A–+50=+,+.G+&()^?@+E)0?=)C$$=+1`@+E)aBD+&0+__?$%=D&8%@+o)C
E).D&'~ ;&'*%$&U+ +N?$+_?$&*)8/K+&a+.$&0?@+{%@+E)0&a3+A8&Y=&B+A($?,B&7+b?,.D
$&'7 &39^+E)5+5>+?$&*&FC+N+A[+5ai>+%@;=)0+ZC&7+1jC&*+E)aBD+;$&^+A]O/*+&.?$&7
?$&'^)*&7+L5*)0&'5.m$/O+j(&8V&'B 1d.)'O E)0?=%/C+$D)C?@=&C+&0+?$&[[+5­+%@?+=?$)C
&''.A8%=)U+f@+h&''U ?$&''a5[+./(&U+&a^&''3;&.%$&M+$&''U hm&''C __E&'''0)*+&'0,R+;T*&'8&C
A*)0&^)''3 $?=)''M ;)''K A''57?@+;T*)'''ºK+$@,'0 A7&'M &'.)C+$&'U &'0 _?$&'()^?@+H=@&'C
)Y$&''U __j''58+=?@+L5*)''0?@,>+Z''C?@+o)''^$@=$+&a^&''3&0+_Z[+.$?,'''B?@+f9M&'B&7
AF+5a'3 &'>%,^&7&*+ $&0)R&7&*+4+5B&0+5M+1jC?@+E)0?$)U+A]O/*+E)0)K=?D/K+$/8&M
_%TC+f)>+;9^+1ZaB&…C+Z>+Aai>+`$&0)*+x[R
@,0+A+7&M+)C+%$&U+__WE)89^+A.=?$&a^&C&7+;)U+/F+7&C+__E)89^+Aa^&C+@&C+9C+;%$
=&''''B &'''*D&C%@+?$&'''.A[+5K}8&C+W&'''[.%,C+N&'''K &'''(%$&0+S?$&'''a./aC+E%T*&…+79M&'''B &'''0
_E@,0+f&M)C+;?/.,O+&*&0AC+1E)0&8)O&3
 ”   ./0'123'456+*67

t
AR=&'''K&U+&.&*)a+5'3 AF+.=)'0 ?$%,'B)*+&'>%,^+$&'0)R&C ;&.A(&.)a+5'3 &'*90+$&'U
_?$&a+5+7/^?@+?$&*)0?=&k8/˜+1Ay+7)n+;=?$=&B&C+oH+,8&U+/0?$)(
$&'U &'.9C+__$/C$)'C =HD+E%T'57+ ¢8?+=+1;=&k8$/˜&C+E$/C+=?$)C+%@$/i+5>+A*)8?D&7
$)'* %@+š'5O%$+1j($&'0 f&'M&C+E)'5*%@+;=)R)*&'C _$/C&'M ž$/*?=)R&C+E).+=?$)C+&F+7&^
Aa''c.$+9''C ?$&''.%@+E)''.)C+)Y$&''U :?$&''*)8/K+1A'''k*H@+=@+&'[($&0+%@+E@,'0 %,F'3)U&7
_%@+f&M+9C+E)5k*)C+$@%D)U
_ˆˆ;D)B=)R+$)*%/(&C+&.%$ ;)*)8+;$/C+Pc.$+A*?$)^9(+&0XX
?$%,''* @)''5[C+GH=+%$@+1?,+5a''B&U+A*)''8D+&'''*)[+5M+=&'B&7+AR=&'M H,8&'U )'( W&'[.%,C
45''B&0+''5M+?$&''U =&''C&7+S?$%=D&''8%@+&''*)|,K+=&'''B&7+1b&'.&*)|,K+&'7 ?$/'C A'a.,C
;=$/['B&7+Z'C%,(/K+ E)53?=)C=?@+AR=&M+_?/5*%D&*+AF+5a3+?$&>%,^+$&0)R+;?=)C&7
_?$/C&*+D)C=?@+ET*%$?,c+5(+?T.@&*+1A*&($+E)8/K

! 9R
! S)T2K$(!U)<"$(
&.)a'''c5C+Z'C h$$@=&'8 ?T*?$&'U =&'M :E$/'C DHp'> &'*)(/K+$&'U %@+j'.,+.@+A*)8?D&'7
_E@,C?@+9C+A3$/*+,0+1J)M?@+%@+b9R&C+E).9C+&*).+A(&>)>+%,+5^
%@&*)\5Y+h&7 &.)U+I?$&*?TC+hm?$+o?/+5U+:dB,>?@+E)a+57+h9^&C+o&C+%$&U+hm&C+__
E$/''C J&+ƒr&''B &''*%DHp>+&''3$+$&''C ;&*)''B&0+$&''U ;?T'''[5M+E&'M%$+;G/'0 $)'5>+$D@
sZC&M+%T+5(+E)5.G/0+$)5>+1A.?@=&Y+A(&–B
IA'5ƒC+9'( sj*)'.G+Aa'3$,B+A0&'.?@=).@+;G/'0 $)'5>1Aa+.D@+&'0 j*%D)*+?$&U+;&U
E)'*%@+DHp>&'C ;&'*)5n&*+&'3$+&'($/Y+$&'U ˆE)'.G+Aa'B%/^&C+ J?=)C&BX+1J)M+ZB&0
_WsE).G&7+b&.AaB%=+A[a3/0&a+5C&*+;&0?=)0
4.D%$&'k*)C+&'a5C)*+%@;9^&'7 ;?$&[58&+ƒ'B N 1E)'.G+A*@,C&'7&M&C&7+ PB&C&8+&.)U
s%@+E)8&*+1¯=&8+$)[+5>&7
_z[+5FiC+4+5(+&*)~$&7+&*90+$&U+E=?$+__jC&8+f@+$$@+5M+W&[.%,C
 !"#'%&'()*+,- ” ¡

!!
Z''> d''7@+$%$&''( %,''^ `/''K o)''>)M?$+:%,''*V?$+:$/''R =&''B&C+$$@=$/'''C%+=+A*)'8?D
$&''U &''0 @,F+7&'''M 9($&'U Aa+5'3 $p'C $ ³&'.)C&7+Aa'i>+$$@=$/'C%=+A*)'8?D+_Z($/'B?@
$&''U %$@$&''8&7+:j+5''c^?+=?@+1E&''K?@+Z'''> %@$/()'M%@+A*).&'C?=&C+&'7 1j'.@+&7&k(&–'B
_vB&C?@+f&M+E)(9^+9C+4+.@,>+$/R=&B&C+A0&.&[5*/0+$/8&M&7+&*)C)C?=&C
Z'C?@+f%D+A8=&'*&C++1;T*/(&'C  $%@=&'C&C+`,'0?@+A*)a.&'3 A*)5K+4+.=)F8&aB
1A+5>=&'C ;D)C?@=&'C &'()0+;?@+)'( Z'[5M)*++N+;D%$+_)'0?@+;=)'R $%@$$@=$/C%=+=&B&C
?$&.=&'B&C)(+;&'0&*).&C+?=&'C ;,+5'3&+7&0+9'C b&'.)k+5Y+&'()0+ ;?@+,+5^&*+__4+5¨$=@
_Z[+./‰
A''B,(&8&0+?$/''(,K+;9^&'''7 A'3?$&U+j'8 =&'8&7+;&'0?$&[()M+%T'5>+A.?D&'C hm&'C
)'''FC+f&'''M A'''( ?T*&''''R Z''C).=9M+$%=&''M ;?@%D+4+5''B&0+;?$&''*@,0pC+&''F*/R+:)''…CV
j''.,+.@+A*)''8?D+{%@$&''U ;?T*D&''8&7+1`$&''7 )Y$&''U __`+=&'''>)*+Z'( ;p'>)C+A[+.=&'B&7
_ `@+A.)(90
?$&''i5>+&''a.@ L''5F+.GH=+:%D%,''( ;9''^ 9'C $%+,'C%@+$$@=$/'C%=+A*)'8?D+f)'~ =&'M&C
_Z[C+?$&*)0&^)R+A(%p8&C+f)>+E)0?$)U+A*?e+5K+$?=&C+1Z[+5acC+?=&>+).=/M+$%=&M&0
A*)0?=&''C=&C+$?$&''[…C+P''B%+=+?$?D)''( ;T*&]n?=&''3&C+4+5+7&'''890+&a'c./+5>+&'(%$&0
,5'8%/Y+?T'[5M+1j'C 457&'890+__?$&'[…C+E%=)F8&a'B ;=)k*?=&'C 1E&FC+&0).=/M+$%=&M
A0&.?@=)€''B%=+&''*&0AC+$?$&''0&*%T.&8+&'''[[.D&C+;%@+H+,C)'U `,'(/K?@+A'5>+;?$&'U j'C
_?$&*)0?D)(+&~$&7+=&B&C+$%,*&F+7&M
$p'C ;= h&'U _Z'C =HD+E%T*&]n?=&3+;?=)8G+&0+ZC?@+%T.&>+;T*&]n?=&3+&()0+$&U
;=)8G&'''U&C+J?=)C&'''BXX+I/'''K &'''0 @,''''0 9''C h)'']5M+&.?/+5''3 h&''C $@=$)''M h&''.)8&[C
_`=D&8?@%@+Aa+.T*?$+%/^+{?$&*)5F+50&.+;9M&C+b&* E)0?T*?$%/^

!”
I &0+h&0?@++N+E)(%$%@+{%@+4+5()0+&7+h,+5€B?@+Z>+E)a+./*+A.T*&]n?=&3+j8+W&[.%,C
_j[+5yC+$/()M%@+A*)8?D+9C+E)(9^+;$9(__¾C,+5n+__j[+5Ÿ+7/‰
Aa3&0+;)U __E&FC+;%@$&B+,+.D+&C+E)0&*)K=D)C+b?$+&.ˆˆ;T*&89F3XX+$&U+j*%/()*
W&^,*+h&0+v3H,n+1j.+,0
 ” " ./0'123'456+*67
$&*)'''i5*+$&'''U /F+7&'''C )'''0)*+E)(T*&]n?=&'''3 E)'''a^)Y?$+}5K=&''''M %$@&''C )a''c5U&7
E)an?=&'''3 __Z'''i^&C?@+Z'''> E)a.T*&]n?=&'''3 ;&''''ƒ>+E&''0?@++A''( ;$$=+;&''*)˜)8)U
;$$=&''B %@?@+Z''> E)a*)0&''( &'''0 %@?$)k*&'M $&'7 1%@+E)'(9^+Aa'c.$+&'7 &0&.?$%=)'3
E)'''''''a./*+A.T*&]n?=&'''''3 &'''''.&8&U)U+:j[+5F'''''iC+;=/['''''B1E$&FC+E)'''''(9^+A'''''cn&*
_jC&8+;=%@=&…aB?@
E%p8&''U ;}''.=+j+5+7)''* d''5>+_jC)''* T*&]n?=&''3 4.p''8 A'''*@,0+J&'8}^&C+J?=)C&'B
o?/'5U+ :`,[R?@+f&M+%@+4+.=?$&*$/C+;;=$?@&C+%=$/3+E9R+1J)M+=&K&U+__s&.&8)0
h&''U &''.)U+Z''Ce+.=@+A*&''8&(+1`,'''kC &'K=&C+q'>)(+{E$)a'B?$%=+?$&'.=$?@+&'C '[O+%$)'U
WsjC?@+T*&8$+,C)U+A+5>+$)0?@+E)(T*&]n?=&3+&*)aB?$%+= ?$?=).@&C
&'i58&M+?$/()'M%+=+?$&'C ?$/'C E)F'390+/'5*+A'*@,0+ x*?=9^+;,+5n+;&.&R&[C+$&U
=&'B&7+ E)aB?$%+=+;=&*/M+:?$&[+5iFC+E)5+57+?/+5U+:ZaB?/C%=+%@+E)0?$)*&K9C+h?@=&C&7
A(?D&''''7 ;)8&'''''(&C+&'''*%$&U+_?T['''B&>+AF+5a'''3$?+=+4'''390+A*%=&'''09* 9'''C Z>&'''($/Y
_Z[+5ƒK+E)5C+%T*).&ac./+7&M+$&7+1`,kC+E)58/(=/O+¯=&8+=&K&8+:z*+;?@$/B)U
$%=@+`+,'n Z'( AF+5*)'5K+;&'*%$)C+$&'U =&'B &'[yC+&'0 jC)'* T*&]n?=&3+?$&C+E)c.@
ˆˆDHp>+A*%$?+=XX+j+5+7?@+Ai+5>
ˆ@)¤58X+A.$?D+f)>+&*?TC+E)(9^+1j+5C+&0+E&0)*+%T.&>+A.?@%}^)Y?$+o?$&C
$$,C)'U $?$&'*%@%}^)Y?$+;}'.=+&'[5C+?$$@=$/'C%+=+&'*%@+f)'>9^+h&'C &*)a0?=&K+?/+5U
A.)'C h&'0)*+;@&'C %T'5(+ AF+5a3+5M+%@?/+5U+;?+=&n&C+&[58?D+$&7+h9^&C+o&C+sjCT*&8
:Z'CT*%$+=+A'a^?=@+j.,(@&'C&0+ `,0?@+4+50)^+Ai.)aB+`=&U+_h&FC+Ai.)aB++AC?$&U
ZC%@%=+;?=%/B+;,F3&7+%@+b&.V=&M&C+ˆDHp>+A*%$?+=X+&0+A+5+ƒC+9(+ ‹s)^+;=%@+&(%$
sjC$/C&*+?$%$@&C+A*)0&.;+=&(&>+;&aB?@+1P+53+;H,K+$D)O+;?=)(&O+12&K&*}C+&.)U

A''0=?@+?$)'c5+A*)'.G+;?=)C&'7 $ ?$—'K ?$&'.Aa+.=)U+&'7 ;&.&n&'c7&n+$&'U AF+.T*?$&'U ‹

$&''U 9''C $/'''C%$+q'3)C+:b?@=&'> 1f&'(&8+&'C A(&'.$$@,0+%$)'U GH=+&'0 &'.?$&U+=&'M :Z'C@,0Z>
A*)C?,\''58+$?$&''[()M+%T'5>+A.?D&'C &'0 ;?$&'C @,'0 =)'…*%$)(+A±5'B&8+A(?=D&'~ ;&.&'ia+5*
@&''C A'F5a^?=@+b?$+%,'3)(%@++N AR)'^ ;&'a^&(+;&'a^?=@+$&'U {?$&a'c^+%@+f&'890+/+5*&'7
hm&'C __?$/a'3/0+9'C A*)C?,\'58+j.q*D&'8 j.+=9K+;=%@+E)8&M+=&M+&F*/R+S&.%@,0&*+;,.&B
E?$)'^ &'0 &a'3 j.q*)'B)U+$p'C 9'C &'.m&C+ Epa>%,^+ˆA(&.%G@X+&0+zC+o?$&U+;@&+7&C+ZC?@
 !"#'%&'()*+,- ” Š
&'()kC)C+E)'. __;+=&'€CZ(+E)'(9^+;/'.@+$&'U 9'C E)a5*%@&'*)^+)'0)*+ Pc./+5>+W&[.%,C
=$$@+&''*)(m$+$?T*&''…7&8+$&''7 E)''(9^+A''cn&*+&'''0?=&K+SZ'C b&'>&R+1+;+=V+Za'3 =&'M
_?$&(&*$)BpK+%T*)5(+E)a*%$)C&0+?$&*&‰
A^)'''Y?$+?D)'( &.Aa'c./39^+h&'U)C+:j'C E)a*)0&'7H=+A*)]a'i5*+;=%/.T*&'C )5*&'(
;)'.=?@+{;/'.@+$&'7 )a'c5U+/0?$)'( &'0 j*)]ai5*+&*)[+./3+$&U+_ZC+E)(&*%T*&]n?=&3
E)a*)0&'*%$&.)C+&.Aa'3&0+Ih+=/'^?@%=+E)'a5(+:E—+5'3 ;&*+b&5+5>+5M+?$?=).@)*+$=).@
_?$&*DH@?@+9C+E).=&k*&7+)(+?$&*&FC$+—C+%@V&8&M&C
Aa''''i>&7&0+jC&'''''M)*/K+$&'''U ;,'''.eC+&'''*)0)>+E)a*)0&'''7H=+A8?@=&'''C&7+&a'''c.$Z>
E)'($$@=$/C%+=+j*%/()'* &'M)*/K+$&'7 z'*=%@+ 9^+&*)0)>+h&U+ZC&C+__E/.D&C%@+?$&*)a*%$)C
_E&FC+=)KD=
_h&0?@+E%}+.$)U+?$&*)(=&B+=$$G&C+A3&0&~+$&7+$?D)(+;?@=)€B%=+&.&8&U

! 
?,().D+?$&7+A*)K?T[.D+&.)U+Wj.eC+AR+;)>&7+&]+5U+`=&U+ZC+f)(&C+4+5a3+$/8&M&0
_?$&''F.,K)U+4.}*&''7 ?$&*@,0=$/''B9^+1ˆ¢C)['''c7%+•@X+›+E)'(/0++2H@&'7 Z'C Aa.,C&'0
WsZC&*+?$?=&0+h=&K+1+ZC+=&[+5($/B
;&*)''B&0$&U+__h&''7&O+&''a.=@?@+T*&''>1A.)*%@&C&0+$)C&''*90+;D)C&''*&R+&'''.&8&U+)'U
$&'''U E)'''. o&'''*&K9C$&U+?=)''''.@+SE,+.@$)''* {E%p''> {$)5>&''*D&8+&''C j[+5''B$&7+A''3?@
E@=)''B9C+&''F*/R+&''*%p>$&U+:Z''[5M?@+P''B?@?$+A*%@&'''*)^+;9'^ A'3&C+o&'[5F+79>
E)''''5(=/0+E)5*)0?@=)€''''B%=+&''''[.$+A*@=$)M&''''7 L5*)0&''''7%T[8+__`p'''''K?@ N E)'''.}+.=
A*)0&'*90+&'…5a0+_j'B,(?@+A'57+ &.9C+SE$$T*)aB&M+N+;?}R+,K)U+AaB%+=&C+_?$)[+5M&*
_E$%,[^)U+&*m%T[8+A+7).&^+1E$&^&C}+58)U+A.)*%@+$T*&>
E)0&†&K&7/K&7+)FC+4+5B&0&C+;=&¨&O+&5*+;?$&UAn)8+Z(/0?@++2H@+;&B&0$&U
dy5C$&'U_?$&[5a'B&…*)5C+&.%$q'3)C+ jF+57&ka+53+&*%+=)Y&a+7)K+$&U+Z[+5\C=?@+u&K&F*?@

9'C %@%+= ;9'^ ;=?/'5>+?$&'[5+79F+57+ZC&'C p'C E?$)'^ ZY=&'8&C+&a'B%+= &8&U+_`$&FC++A(+;pC

_Z*%D+A3&*+1Z*%DAC+4+5a3+=&M
 ” « ./0'123'456+*67
/8)''( J&''*)*&(+:E&''0)*+D)''B 9''C AF-5a''3 '''5M+1j-5>&'B?@%@+?$&'*%/^+;=$?@&'C &'7&K
Ij[-56
79C?@+?$&*)539^+=&C&7+AR&0+:&*%/^+$&C+E?@)*+L50&.?D&8
ˆˆW&6
7)(&C+4-5a3+$/8&M+AaB%<=&CXX
$)*&'''n ;%=%@+&'a-5C)*+?$&'(%/‰+$%/'‰ Z'*%/aC+;&'B&0+$&'U E&'FCZ>+h%$Q,'C W &'[.%,C
j[-58Q,C+&*)~+$&7+$&U+;?@+__j[-5FiC+4-5(+:j[-.$?,B+-A(+&(%$&0+__f)(&C+1$/>+;)*&>
_E=%}-5C+1J$/7V+&i58&M+E)5*)0&B$/[C+&0

!¡
E)'a-5>+j'8 6
N?$+_Z'*?@+%@&.&'cO+ h&C+E%@+2&K+ˆˆ&0)>+4-5a3$/8&M+?$&*)0)>+;V&CXX
ˆˆ___&.)B)U+D%=&C+4-5a3+$/8&M+%@+E)0?D%=&C+;$)R&7XX+Id-56
7?@
Z'C%$+E)'.<=?$)C+&'0 j'6
ƒ-5M?@+AF6 7&'^ 9C+x*)C+vcF3+f@+j3D%$&*+;?@HpK+&*%$&U
E)''.9^+9''C E)0&a''B%Q,8?@+$=)''KG98)U+)''C hm&''C _&''.&a57+14''6
ƒR+;$)'''F7?D+&'*)\5Y+h&'U
$$<=&'C$$<= E&'0)*D&~+ &F*/R+__E&FC+$/B+&F6 ƒR+Z>+A*).9^ A39M+1ji5*+&.&a57$&7
E)5˜=&''B ;?$&''U :E<=9''[C+;9''C ?$&6 ƒ''3)>&7+E&'0?@+D&'~ /F6 7&'C __E&'FC+)'5*@+;,.&'B
W&5*+A*@=&K$=&C+$&.)5*@+Aƒ8+Pi>+)0?@+L-50
hV+o&a'c.)3+;=$/['B&7+)'C {?$&]y-5>+;)*+%@&*%@HpK+$&U+;$$<=&7+h9^&C+o&C
h&'7 _&'.&M+;9'^ A'ƒ8+P'i>+L.$&'U :Z'R?@+’H,8&'7 &0&*)\5Y+&aB%<= Id-56 7?@+{ZC%@
A[.=&C&C+&0&*)\5Y+;)>)(=&B+ZC&*?$+hm&C+__&.&M+?D%T*&U+-AC+AFƒ-./*?=&B+%@&*)\5Y
_ZC+4-.$)*&K+=&M+?$&.9^
:?$&*?TC+o9^)*+A*9C+jC&M+9($&U+Aa3+%@&*)\5Y+h&7&0+`D%/^?@+)M?$+J&]F5~
E)0&''*$$<= ?$)R=&'B ;&'B)(+$D&'~ $ `$<=?@+6 N+A67)'C L'.ÊE$/'C o9^)'[-5>Ê+AF8&'R
_Z[-5Ÿ67/^?@
;&'.)8&0+4-5a'3&7+Z'C o&'CZC+&'5*%@+E)'5-5(+%@+E).G&'7 E?@=%eC+f&M1b)R+;&*%$&U
1zCD)''C=?@+A''57+&a''c.$Z>+&''.&M%$+Aa''3 %@+E)''.m)C+?=&'''M &'7 /F+7&'C :ZC?$&'*@,0}+5C
1Aa^/>)'* %@&'*)\5Y+ h&7&0+&.?$&(&]F5~&7+o&8&U+W&[.%,C+&(%$&0+_j.$&FC+;$$=&B
_AC?,n+A^9+7&>
 !"#'%&'()*+,- ” #

!"
;&''cO&C+&''0 ?$/a''c5C+h=HD+E&'''F.@+A*)\'5Y+$&'U ;?@Hp'K ;&'*%=)K}+.=)>9^+$&'7
4''5>+E)''5*)0?e+5C+$/8&''M ;/+./*)''( %@+E)''.9^+;@)\''5*+f&'''K&7+?$&'€R+$D%=+&'*$&0?@%$
D%$XX+_j'*%D?@ PB%+=&C+&*)cO+$&U+/.,n+ZC&C+$&8&K+ZC&C+_&>%,^+1A.%+,8/K+&7+?$/()M
;?$&''*%@+=&''> 9''C ;&''0&*+;T''5U+:?$&''a5[+5­+;&''7)~+h&''U =&''B&7)C+&'''[5\C+E)\'5Y&7
45a'''B?@+=&'''M 9''''C E&''FC+¢''3 E)''.9^)C+&''[5\C+&''F7&^+$&''7 D%$+_A''[57$/Ä+J&''˜&>
b&'.&C+ 1E&FC+%@;T0&.+f&K&7+&>%,^)C+I`+=&K+E)5+57+_ZF+5F[^E)5C+$Z3/kC+E)5‚=/O
$?$&'a.&FC+P'5O++N+E).&'˜&>+;&'0&*+ 1E&FC++,O+;T0&.)C+:E&FC+f$&0+;T0&.+1E?TC%@
Z'C ?$&'*&FC4+5(+&'k*?=+h&'C WE&'0AC+)'C E&0?@+AR+?,+5C++N+E).D%$+__?$&a5[+58&+ƒB+E)5C
__E&0?@f&M+N+Aai>+$%@&*)\5Y+h&7+jC?@+D)5*
Z''C?@+:&''.&*)\5Y+h&''U A0&''.$/C&M+L.$&''U &'''F*/R+:?$?=&FC£'B J9'^ A.)*%@&'7
)Y$&'U _;+°'C ;=&'B o)'C o)C+1P.&FC+A8&Y=&B+?$&[5B$/*&C+J9^++=&8&7+A.)*%@
_;&0?@f&M++N+Aai>+$;D)5*+ZC+%@&*)\5Y+h&7&0+AC?@+?$&U+;,+5n+o9(
:Eˆˆz''Ÿa‡%XX+E)0&''B,(%/^&7+?=)''K}+.=)>9^+;=)''89(+&''*)~$&7+&'''*90+$&'U W&'[.%,C
E,'kC+&*%@=)€'B%+=+$&'7 D)'K ,5^&'* __j[+5F'iC+ E)5F+5(+`=)Y&C+$?$&i+5>+&*=?$+E)5+57?@
&'F*/R+:?$&'[[57/Ä+E)'(/+57+?$&*%@=)€'B%=+$&'C E&0&*+EGH,F*)5C+jR)>+E).%@+`=)Y&C
_E&^?@+;$)R=&C&7+1E&0?@+j.p3)*+E).G&0+E&*)B&0+$&U+;&c+.=+$&cO

!Š
$,8+4+5B&0Ê+IT*)€R+E).?@+{%@;T0&.+A+./K&C+%@4.=)(+A*m90+$&R$/0&7+Idan&*G
_Ê%@?@+PB?@&7+o9Y&C+A0&.$$D?=)U+$/8&M+ZC+E$/C,+5n+N&B&(
E).=&''''B&7+1E$%,''''B%/+7&M+%T*)0&'''''*)>?+=9K&7+E)0?@=)€'''B%=+A~$&'''7 ?D)'''( Id'''a.@
;$$D?=)'U :Z'C j(,Kf&M+?/+5>f90+A*)53+&5*+Za3+:?=&0$$T*)8+A.)*%@XX+I?$%,B$/*
_ˆˆ&0&8+pK$&+7&M+?$&F+5a3+5M&C+J9^
E)5+7&M+?$?=&B=$$G&C+;&*%$&U+:j+.}^%=+&*)~$&7+?D)(+$&U+A*T*)FiF+5(+9C+W&[.%,C
A*)0&'[5M)0+;&'i5>+ zB%/+7&M+&~$&7+_E$$T*)8+?$&*).G+PB?@&C+jF+5*)B&0+jB%$?@
9'''C &'''5*+b&'''.?T*D)K+&.?@=)€'''B%=+h&'''U `=&'''U :&'''*)0&*)^¢+./+5C+A*)*%$&''B)>+1¯=&''8
WsA(&.%T*&C+1vB=&>
 ” t ./0'123'456+*67
A0&'''.&8)*=&C+;$$@?+=+hm&'''C :E$/'''C ET''''[./^ ?,+5''n E)0&*%$&''B)>+1zM)''0 Z7&''C
E)'.9^+&'7&>&C+$?@%/'i5>+:?$$@,'0 ¢'5K++N+E)'.9^+ ZC+o)C+;=)5*%D+h)0+:E$/($&0@&C
&'(?$/C+E).?@&'K __?$&(&*)./5'3)8+?$&'€7&M&C+ ?$/C%@E)57&>+=&C&7+;?$&U+__?$$@,0,+5n
&''.?$&U+=&''C&7+:%D?@=?@+1ž=&''M@&C+;?@&''K&7+&''.Aa.,C+E)5F+5a'''3 $/8&'M :@=?@&'*/0
_)0?@+E).D)K+E$/R%T+5(+$E)8&*+$?=&C+E)539M&0
9''C ?$$@,'''0=9ƒ0+A'./K+;&'B&0+$&'U hm&'C :&.A'39^+;?$)R=&'B %@;9^&'7 E)'.G
:Z'[5C?@=$?@+©%,'^ %@;?=)R)5'B A(&']F5~+b&'(&7+$+?=&C$?=&'B Z'C AF+539M+?@&K
W&.;$%,M?G+b&.&¨&R=&B+$/8&M&0+ZC?@+%T.&>+9C+;&i+.T*&U+;T5U
$A''39^+ZC@,0?$&'''Y=/K+;9'^ &*%,+5'3 Aa'c.$&C&0+9($&'U AF+5'B&0+9'C P'c*%D
$&0&.&Fƒ.$%=&''B %$&''U `$G)''ÌC+;9''^ ;&''kŽ+5C+Aa''c.$&C+L50&''.$$T*)8+:&.;@)''3
:E$/''''C%+,8/K+E&*)''B&0+$&''U L5*)0&(m&''B?@+Z''C :E&''0?@+Z''> ;&''7&(&(+E)0&79>&''3
__sA[CT*%$G)''U f)>&'C Z'0 Z'C?@+IE$)a'B?$%=+?$?=)5'B,>+h?@&'C Z'C%+,C++N+E)5'i.}+5M&0
&.&a'B?@+$&'U _ZC+E%T+5>+Ak*,K+;&ac.)3+&5*%@`+=9K&7+9($&U+AF+5a3+Ij+5+7?@&0+E).
:Z…C)[''3)U+La''B=&>+$A(&''.%T*&C+A[a''i5M+x*)C&''C E)5+./K&'''0 j'C?@+o9'^f@+?$&'C
Ij+5+7?@&0
A0&'> 1j'5*=?@?$+E)'(9^+Aa'c.$+&'(%$&0+ :ZC+Ak*,K+A*)53+&5*+9($&U+AF+5a3XX
_ˆˆE&‰
?=%/''''….=+A($/7&''''*/0+;&''''0$/a^+$Z[+5a''''B?@+hG$&''''( )'''''C?+,K+b?$+%=%D+Wu)'''0%,C
__%@?@+E)0?$$T*)8
Z''( A*)0&''.;T*&C+&''()K?@)(+Z''Œ?@+E)0&'''*)™T*&C+;=%/'.@+$&'.)M?=+A0&'.)C?+,K
_j.,Fn
$Z''[5Ÿ+7/^?@+L.$&''U =&''M :?ˆˆP''c.$XX+)5*&''( ZC&''M %/^=)'''KD=+$D9'Bf@+=&'K&U
A(&.=&'B&7+ __ZC+E)[+5M%@+;,+5n+A(&.=&B&7+’H,8+__&[8+;$?+,.&>+o&8&U+:Z[+5M?@%=
&($/Y+;&B&0+$&U+)Y$&U+_Z*&.&K?@+ˆ;=)5*%DX+&C+$&0&.&Fy+.=+:%@&*=&C+j8+;&Fy+.=
_Zac5…C)C+E$%$=++N+A[a„&*G+A+./K
 !"#'%&'()*+,- ”¡‹

!«
S`$&0+`+=&C++,C@&O+E)8&*+;$?,+5*+9C+&.&*%$&7+__Z(?+=?@+=$$@9C+$&.?@)8)U+Aa3&0
E)aF+5B&0+_s)FC+,r9U+&*)|,K+AF+.=).@)*+$?=&C+ZC+A0?=&K+&.&M+%@E)a+5(+&.)U+)Y$&U
&''7)K+A''R ;)>&'''7 &'(%$&0+SZ'C ¯=&'8 ;&Fƒ.$%=&'B &.Aa'3&0+;=%/'B `$&'5C+&'5*%T+5(
WsjC+E)C&*+$=%}+5C+E).G&7+&*)a0?=&K+$&*)a+7)K
?$&'''(&*$%G$/C&*+&'''.)5*@+h&'''U A0)^&'''C )a'''i5M&0+&'''.)5*@+h&''''U A''*%$/C2/0+;&''U
j'''C E)'''a*$/C+J&0&''''3 AŸ''3)+1j''C ;$?D+;%T.&''3&0+&''.?T*?$&U+=&''M E)(&''0&[+5+7&C
Ws?$&.;$?D+PB?@&C
__?$)F''BH=&+7&M+?/''5>+E)''5[5+79^+;)5a''i5U&0+E)''a*)0?$/C+?$?+=9''3 &'''y7+o?$&'U
%T'''5(+E)'''5.$?D+A*)0&.A(&.)'''39^+A+7).&'''^ &'''0 E)'''a*)0?$)R+A''''ƒ5(+$)''k5*+o?$&''U
_E$$@,0&*+E)a398%=&n+)ai+5M+$?$&a+5+7$/Y?@
_j*@=%/C%=+?/+5>+9C+E)5F+.+,C+$@$/B+9C+E)5F+.+,C+I&.&M+?,n+;$%,[+5M%@+;$?D+=&B&7
;%$+;)''K90+$&''.;$?D+=&'''M __`/'C o9'^ E)'a.$?D+&'*%$%,[+5M%@+$&'U =&'C&7+ZC&'* '5M
E)'.G+ A.@$/[39^+9C++1jC+E).G+;@$/B9C++&*%D=&C+&[5B+A8&8?}.=+A+5+7?@+&.%T+5(
_jC
Ay8)O&'C E)aa'c5>&0+&'.ZY&C+ =HD+WE)0&7?D?$&(+;&U+__E)\5Y+A*%$/C$$T*)8 ;&U
E)5.$?D&'0 jC&'* {&'*%}+5M+¦C+$&'7 ?/'5U+ =&K&U+__?$&a+5C%T+5>+E)(}+5M+$?=$+)(+__ZC+E)r%@
$&'U ;&a'B?@&7+Z'C?@+E)'. jC+E)0?D)CV+$D)…+ƒ+5n+;H,K&7+ZC?@+E)8/KZC+?$$T*)8+?/+5>
4'3$+?/+5U&'0 :E&+ƒ€'B 1b9[R$)R+;&ƒ5i>?$?=+A+5+7?@+jC+&*%$?=&c+57+9^+&[+5aB&+79(
9'''C E)(?$&'''U =&'''M E&'''FC+%@A*)8@)'''3 ;&'''0%+=&0%=+&''''7 ;=%@9''^ 1j+5»&''* 1¾(m&''M
_j[+58&*+;T5U+:jC%$)U+1jyC=?@+ˆˆE$/C&MXX+;=$/[B&7+?$&a+5[+58?@
$Z'*%D?@++N+;%$)'U ;9^&'C o&'C %=%D+:&'5*+;?=)'R %$&'U Z'C E)8=?@+ZC+&0?@=?@&0
AF+.,¤5'3 A*)'*%@+_jC%$)'U 1E9'iC+E).G&'7 P'B?@+ &(%$&0+S;,+5€B%=+&a+.$&0?@+o%$)U
:?$&'.;@&O+/+5*&'7 `/'* AF+.,¤5'3 T*&'R ;?$&'[5*9M&7+?q'*%,K+ 4+5aB&…+7&M+;&[5.%$@
%@E).G&''7 ?$&''*)8+:&''0&.A(&.%D)U+?=9''Y &''C Aa''c./+5>+E)''.G+9'C L5F+.=$/['B A*)'*%@
 ”¡! ./0'123'456+*67
A'57+L5*)0&F'i.}>+1j'*%D?@+A'57+E)0?p)'3 &F+5a'3 &8&U+_&5*+Z>+Aac./+5>+?T[+5M
_z*+@&+7&C)*

!#
:E$$T*).&'K ;%+=+1E/5'B$/*+;9'^ A*)0?@=)€'B%=+E9'R N?D?$&'( b?$=&M+W&[.%,C
_E$$T*).&''K;%=+1E$$@,0=)''89(+;9'''^ ;?@=)€'B%=+P'iK+Aa+.$T*)'8 ?$&'i.=&B+$&'7
P'3 )'.)U+_?D%$)'5Y+ ;TF+57+E).&0)(%$+hm&C+&0&.+E)50$$@=&M+AO?@&0+%+,3?$&U+f&K&7
sZ[+5\Cf&M+Z>+AK,>+$)FC+f?T*&K+E$$=?@+$f@+A+7&8&(+;?T[+5M+&.&M
AR&''0 W?$&''(?$/C$)^+$?$%@=&''C ;?=$+E9R&''0 E&''FC+&''.%,C)0+$&''U AF+.,.&'''B )'U
Aa+.$T*)'8 ?$V$&'7 hm&'C __?$)8+AF+5acC+)5*&(+;&0&˜)8)U+$&.%,C)0+h&U+E%/+5*+;?$)8
L''5^+)*)^%@&''7 Z*)(?$&''U __?$/''C £'5M?=+?$&'‡ =&'B&C+9>/7&'> Z'C :?$/a'c^+A0&'>
W?$&(%/^?@
IZ'ƒC+9'( __@,0E)'i5*&7+__)k+.=&'7 ?=%}+5'C __%@?@+4'i.$)C+ ?$&.A0—5M+h?@&C+)(?$&U
_?$&a+5[+5\CA+7&M+&5R+$)k*&M+b&.+V$&8&7+`$&.)*+&.9C+__;9^+Acn&*&7+?=%}+5C
9'''C 1j''''.@+=&''M __?$%@+E)''.?=$?@+$+&7&K&''B __)''0?@+A*%=)''C?p(+4''i5(&C+$?=9''^
;%$+_%@;$?D&'''C ?$%@+;9'^ &*%=)'BV+L.$&'U :E&'C?@+•%D$+A'3&7+;&'O?=)U+A*T*)'€ƒR
_%@%$&M&C+%TC+;D9(+1L+58&+79^+&()F5C+$)(?=9^&0+?q3)C+?$V&C
&'(%$&0+ WZyC$)*&7+1*)8)U+&()kC+Z[+5­+AF+5˜V/O+’H,8+&.?=&8&B+AF+5a3+=HD
;%T.&''3 ;&a''3&M&C+$&'''U &'()K?@)(+j'i5FC;%=+;=&'B A0$/(&'C 1E$&'[C%$ &'7)>+$&'7
_?$/C
:j[+5\C++N+;D%$+%@;$?D&C+?$%@+;9^+%@`/0&7+&.%,C)0+$&U+&.%$+q3)C+W,+5^&*+hm&C
N A'''''F[+5n+A*%=)C&''''09[(+L.=$&''''M /0?$)''''( __%@?@+;/''''.,n+$`,''''K?T.%@+D$&''''*?$)(
__Z[+.G+,>?@
=&B&C+;9^9C+)(+__`@)K)U&C+;&7&~+$&U+)(+__ZC$&^+A]O/*+;9^9C+)C+j+.+=&K+A+57
;,+5n&''''0 %@4+5a''''3 =&'''''M =&'''B&C+ZF'''3?@+A(m&'''B?@+)'''( Z'''C?@+f%D+%@E$/C$$T*)'''8
_?$$@,0+A*$/C$$T*)8
 !"#'%&'()*+,- ”¡”
;?D&'K&8+ &+ƒ+5^+$&U+$+?$&>&~+&C+;&*)5.+,+./^+&K&B+$&U+;?}+.$+&*$&FC+?/+5U+hm&C
;&*%p…[''3H=+&a''B?@+$&''7 &''.Aa.,C+o&''.?+,5M+&'''7&0+h&'U __?$%@+E).H=)8&'K ?$?D$&'C
_j[+5+7?@+E).?@+E)0&*%$&+7)>+;=&B+f/k*?D+f/k*?D&0+E,K?@=?$+&*%$)*%/Y+$&7+b%=9^

!t
:DHp''> ;=$/[''B &''8&0?@+4+.D=&''8 1d''i50?@+4''5ƒ5M+T*&''R %@h9'''^ ;=$?@&'C j'8
f&'M %@)5R&'C )]0&'(&7+;&'*%$&U+;?=)'8G+ w+?$?D=&C+&F($/7+$?=&C+?T*&R+&3?$&U=&C&7
&''''a*%$&M+b?$&''* :jC)''.=$+W&''[.%,C+_A''B&.)8&0+&''(%@&U+$?$&a+5''3?$?@+f&''M j.=&''K?@
__?$&[+5[C+&c5B?@+%@E)(/+5*&7+1j[+5\C+PB,n+%@A*%T[+ƒC&7+E)0?=9^
A'0%=9^+?$&'.;DH@+A'39^&*+A0&'.&*)^+ %@o&7+A+./0&7+$&F+.D&K&8+=9^&a*%$&M
__&'*)a.D%$V+j+./'3 ;%D?=)'3 }.=&'r 1b&'8?=&C &'.Aa^/R+ ?T[+5M+__Z[+5aB?@++N+;9^
?T*?$&''U )Y$&''U :`,[+5M&''U%@+E)''a[5(+$,''C?D+&''0 )'''0?@+&'()0+$&'C b=?@+&Ÿ57&'B&C+=&'M
$&U+?$/C+PcB+E)a5(&.%@=&8+;=)8?@{+%@`/0&7+$%@E)a.=%}+5C+AaB?@+jC&7+Z*&.)^)*
_)0?@%T+5(+;&*—+5M+&c5>+?D&K&8
$}+.=&'''C A*)a'''c7@&7+b&'''.)k+5Y++$%@E%}+5M&'''C&7+4+5[+./'''3  ?D&''''K&8+?=9''Y $&''U
=&''''M&7+IA(&.&'''''i5>+&'''8&U+__Z[+5>&'''B?@+%T'''5(+;9'''^ Z'''C D%$V+$?@?D+%@?@%}^)'''Y$
_;9^+;%$&M&c5>+&()0;?@+&.&*%=98+?=9Y+$&U+J$&0=?@+4+.@=?@+?$&F+.=&B
:E)''0?=9^+&'a*%$&M+;&a'B?@&7+&'.Aa.,C+dO)'( j.q'8}*+%@h$@=&'8 A*)0&'[5R+/+5*&'7
&'(%$&0+SE,'K?@=?$++N+E)'50%=9^+1j'.G?@+ E%T*&]n?=&3+AC)c5~+=&B&7+&*%@=&8)* h&U
;&'''0?e.&>+{4+5'''cn&*+=&'''B &''''*&0)*+?+,+5''M &''7&0+E)''0?=9^+&''a*%$&M+;&''[.=HD+E9''R
_s?${&a+5C$/C+j.=&C+;%@$&8+;&ƒ>+j.,(D=&C)(+?$&.&ƒ>+j.,(=%/^&7+=&M+$ZCH=m)C
A*)'''3 $&'0%+=&0%=+&'a5…($&0+A*%@=&K=&'B&C+%@;9'^ ;?$)8$=&'C&7+$Z'C 45'cn&*+{
__$)0)*&7+AF+5()M?=+?=)0+$/8&M+=&C+&a+5C%@
E)0&'( A*)0?D&'~ 1Pc.$+A^)*+$?=&C+$ZC+?T[.)U+A*)8?D+A]O/*+$ZC+4+5cn&*+{
__%TC
j.q*%$%,n&''7 $=&''C &''()…C+A''3)*&>+$?$&''()FC+£''B ;9''^ A(%D&'''7 $Z'C 45'cn&*+{
__%TC;9^&C++=/K+%@?=%/C+j.,(=$$@&7+$%@}¬Y
E)0&a+5'''3 Ak*&'''i5>+9^$)0&''''C $A.)''*%@+;+=&''>$&U+&a+5…a''i.&K+$Z''C 45''cn&*+{
___j+5C+%@;97$V&C
 ”¡  ./0'123'456+*67
;H+=m)'C $)'k7}[8+ ?$/C+;9^+AŸ3)U+?$&F+5a3+$/8&M+;$$=&B&7+&F+5cn&*+?$&U+{
_?$/C+E%$%,n=&C+b&.?$&[.$?=+$?$&*)i0+PiK+9C+__?$/C+E)0&a3+$/8&M
1E)0&'''*D&8+?$)'''C &'''[*&.&K)*+E)'''.9^+:=9''''^ &''a*%$&M+j.,(?}5R)''* E9''R &''(%$&0
Ws?$&[aB&C)*+E).9^+?$?@)\5*+$f@+j.,(%}0)>&C

”‹
1J)'''M =&''''K&U+Id''57?@+E)''a5>+%+,''3?$&U+f&''K&7+:u%D)''* •?+=f@+A0&''.%,C)0&C+h9''^
AF+5+7)>+PB?@+$$@=&M&C+o?/+5U+?$?=%/^+&a+.$&FC+?$&a+5C?@++=93+4+50&.+%$&U+E)a5[5C
_?$&a+5C+%@=&C&C+;&B)*&M+j+ƒ+5M&*+h=&K$)8=&K+1j+5[C+?/+5>
;?T+7%@&0+$)R+L+5>+&a+.@+P+50+`=&U+Z3?/C%@+&F.=&^+4+5a3+$/8&M+%@&*)8?D+h&7
_?$?=%/^+&a+.$&FC+`$&8?@+h9^&C+o&C+_s?$&a+5…C+=93+=%/^+$?=&C+%TC+4+5a3
?$/(,K&''''*=?$+?$&'''''*%@=&C+,+.$)(&'''7 E)a(?D&'''7 ?$&'''*)0&*?T*&C+;&'''F($/7&7+=&'''K&U
W?$&[C?@+=9ƒK+j8+A*)0&^)*+$?=&C+E9R&0+E?TC+&*)8?D+h&U+A*%$)5>+A˜=&B
Z'C?@+ %T.&>+,(&8%=)0+j8&7+AB&0+oV$&8&7+h&*)0)(+%@?$&*@,0=9ƒK+;=&*/M&7+j8
;V&'C E&'FC+ j.+,n+;,+5n+4+5„H,8+A*%/(+E)(&*&0+E$&FC+j8+j+./3+%@=D)~+A+7)~&7+hm&C
_`,+.TCf&M+;9^+%,+5^+E&FC+;?$&U+;,+5n+?$&8&0

”!
j[+5'3?$?@+,+5'i¨+,C?D&'C&0+;?$&'U =&C&7+=&M+)5*&(+:j+.$?@+o9^+u)0%D)U+Z+7&C
%@o&*)''B&0+$&''U A*@=%eCf&''M&7+E)''c.@+&a''c./+5>+&''F*/R+:jR)'''* )]+7@&'C ;$%$&'(&C
_jC&8%=)0+j[+.$?,B?@+E)5+5(&0
&.%@?$&[a'i5M+}+5M&'7 &'.&M+ L.=)Y+$&.%@Ai+50$&+ƒY&7+%$&(+A*@,0J%D+&.&M+=)Y
_ZC+zi^&C+Z>+}+5M+A*)53&0+4+5B&0+9C
A*)'''3 ;&'''B&0+$&'''U :E)'''(9^+A'''[8G$@+&'''*&FC+?$&''''U &''¨&^+1•=+A*)5''3 Z''0
;&'''0?@+A(&'''.)[8G$@&0+:E,'''./CAC+1E&'''0&8+A(&'''.)[8G$@+`,K?@f&''''M A(&.)0$/''B
h&'''''U&0+_Z[+5\'''C $A'''i5FCf&M+?/'''5>+A'''(9^+&'''FC+E)'''i5*PB?@+9($&'''U A'''F5[8G$@
_&5*+h?=)Y+h&0&.+9C+h&0?@+E)(&.;,+5€B%=
 !"#'%&'()*+,- ”¡¡
E&'''M E)8&'''*)(&C)C+$&''7 ;=HD+:E&''FC+;?T*&''8D&>+1E,''kC%=+E)''(9^+Aa''3,C+$}+5''M
`,K)*f&''M E)5*)''3 Aa''B%=&C+__E&''FC+&''7&M++N+E)''5*)(9^+@,'''0 E)'(=?D/K+%@E).V&'C&0
1j'''c.=?@+?T'''[5M+EV&''K ;?=)''C=?@+jF+5^)''Y?$)*+&''ƒ5^+&''*%$&U+?$&''*?TC++N+E)''.=$)U
_j[+53$$+=?@+Z>+A*).9^+A+./K+&K%+,0+,0+)(+j[+57$/M?@
N E)'''.$$+=+?$&[a''c^+$/*)''5C+$+,''C $A.%=)''U &''k7&C+&''*$&FC+?T*&''R &''*)K?+=$@+$&''U
:;T0&.+A*)3&C+E)3+J$&R+1PB%=+A0&.&a+.$)U&7+&.Aa.,C+E)5B)C+$&cO+:E+,+5kC=?$
h,'''./0+À&'''3 $)FC)>=&''C b)…*D&''r AF+5''3=93+Z''C?@+`,''kC++N+E)''5./K+;&''B&0+$&''U
$f&'k*&Y+&'[*&.&kC+E)'(9^+ $$D&C$$D+&(%$&0+__&0&()8)3&~+;?}+.$+&a+.$&FC+h}+.=)>)*
_E)aB=%@
;&'k.=+&'C EH+,'C _j'C E)5*)0&'*V)0/+5*+ ;$/($&^)C+j[+5\C+E)a*)0?,+5i¨&7+L.D%$
;&'Fy+.= )M?T*&'R :=&'C&*,K?@+E)'.9^+ ;&Fy+.=+&0+j[+5\C+EV&K&7+L.D%$+__?$&*)(9^
W`$&0)*=?@?$++N+E).%/5M+;&FB$,(+}5K=&M+%@A*)acF.=)(&7+j0)[8)B
E)''5*)0?$%=@+&''F*/R+E&'''0?@+*%D)'O E)0&'3H,n+f)'(/0+)5*&'( &'*)Fy+.=+$&'U =&'B&7
1f&'''>9(+$&'''U :$/R=&'''B&C+&*)M)'''3 A[+.=&''''B %$&''U _?$&''[5k*=$?@$+?$&[+5F''c.,(?@
_z*+E).)3)>+A(&.%@,0=&B+A*)53+ˆEV&KX+Ij+5+7?@+E)5+5>+;&*)aB=)C
?$)R=&'C&7+:j'[5C?@+oH,nf)'(/0+;=$?@+E).%+,F+5(&'0 E?T'C &'*%$&(&*+ $&U+A˜=&B
b&.?$&(&*+=&M+_?$&*&0?@90+f&>&R+A˜%D)O+?$&F+.+=)Y&R=&>+$=%$&M&*90+$/8&M&7&0
f&''K&7+__?$&''()0?@+A.)'''BV+$%@?@+žm&'8 &'F.@+A0&'.?$&(&*&7+;9'^ ?$&'a5…C+P'B%=
AF+58?@=&''B  ;)''U _E?@&''U N ˆA(&.Z''B$%=@+A'''[(,K}+.=X+A'nV+E).$/8&'M %,'3?$&U
=)'Y ;9^+;?@%pU+1PB%/^+$+;+=&>?@%=+EV&K&7+4+57&K+;&*)8?D$&U+:$/C&*%=?$&a^&C
WWZCf%D+%@&F.@+A*V&K+=&B&C&0+%@?@
An)'8 :ZC+Pc.$+E?$)^+$ZC&M+;$)C+Z0+&F*/R+:he+5C+;?@+$&8&cO+&8&U+W&[.%,C
AF+.=$/a'B?@+&'0 Z'C?@+ f%D+%@+4+5[+./3&7+$&F+.=/aB?@+&8&U_ZC+%$?+=+E)8=&n+A(&.9^
_`,FC+Z>+;=)0+ZC&*+%T+5(+;,($)C

””
 ”¡" ./0'123'456+*67
P'B?@+E)5'B&0+?$&a+.,'3&…C+ %@=&B&C+E)5*)*+A.%+=9^&C+1P+5C+W&F+7&^+$&U+9C+;%$
=$$@&'C E)'.G+ Aa^&B+1A+7)(&7+&F+7&^+$&U+1P+5C+_Ee+.+,C+Z>+A*).9^+A¨&^+`$&0)*
s?$&*&FC+h?@+&*%,.$D+1E&FC+4.=&^+E).9^+?$&F+5B)C+$&cO+&C+AR+;)>&7+jC
1E%@&''B 9'''C &'7 9'^ ;?@$/7)'U E)'.=)0+:E?T'*=@+;=?$&'*)Y+&'.A8?@)U+&'7&890+h&'U
$&'U Z'C?@+ZC&'* %T+5(+;D)K$pK+E).G&0+)Y$&U+_&+ƒ+5n+1j.9U+9[.)U&C+E)5˜%D)O+:&*%+,n%+=
WsEe+5yC++N A(?D&7+A*9R+E9R+&*%D+=)8
&'F*/R+SZ[+5F'i…F+5(+&'F.@+A*%=?$&'*)5K+&'*%T*+=@+ &0+&.%@?$&7+E$/C+m)C+j*%D?@+%$
_&.?T*+=@+j.q3)C+’H,8+%T*%$&U+;+=?$)C+&7
$)R&''C&0+&'i.?$&U+=&'C&7+=&'M :?$/'(,K+;=?$+&'*%=?$&*)5K+A(&–'B AR=&'M ’H,'8
)a''i5M+hm&'C __?qa^&'B 1;=&'B&8=&R+&'7 ,'> A*)'.G+?$&'F.@+A*)0?=?$&'*)5K+$/8&'M
?T[+7)''C b?$+L.$&'U &'0 A8?@)'U 9'C ;%$+`$&'FC+?T[+7)'C P'i>+?$&'(?$/C&*+T'[ƒC+?T'[5M
Ws%@?@+E)0&(+?$&.+A09[R)R+$&€+7&M&C+b&.?T[+7)C++9C+Z*%D)*+&F*/R+ !ZC+j.+,n+?,+5n

” 
L''''5*G+1Z''C E)''39F+5(1+''*?+=+;&a''c.)3+$)5>&''0 &''.?$&U+&'']0?=&K+j''8 ;?$&''U
$=&B+AO$&(+=&B&7++jC)8&B+;&ac.)3+&($/Y&C+)Y$&U+:ZC+E$/C+f%T[8+;&ac.)3
L5F+.=)'Y 9C+=&K&U+1+;+=&>++A(+4+.GH=+=&M+Iz+5[C%@%$+! )C+_Z>&˜&>+A0$/*+=&B&7+
b&.Aa''B%+=+=&''M z''5[C%@%$+{)'''C __?$/'R g50&'7 A'F.GH=+j.&'0&*+%T'5(+;)8&'B#Z'C
_&5*+AaB%+=+$&R$/>+AF+5*).&C+?$&U+&()^&*+{+AC+L50&.&Fƒ5~+)C+4+5[5*&F+5>

”¡

&'''*&.V+%@+j'''.,n+1E$/Cm)C&''''7 &''ia+5*+A5''B,(&8+{A*V)''U {?$&''[8+;V&''C ?T*&''R=&M+ !

&''''*&.V+•?@+?/''''.,C+;=?@{%@&''''.&K+,C+$&''''7 ;&55''''B,(&8+$&''''U hm&'''''C __&'''.&0&.+;T.,Y&'''(
’H,'8 A(?$&'7 _A(&'.9^+A8?@=&'B A„H,8+A*$/C+,O+AŸ3)U+$&U+_?$&a+.,K?@+;&0&aB&Y=&C
o?T*?$&''U $$@+@,''0 E)'B)U+;=)'0 $?$?@,'0 T'[ƒC+;,+5'^ ;?T*?$&'U :,n&'7)C+&'(?$/C+,+58)U&'C
$/8&''M ?$&''.A*%T[+ƒC&7+=&''M :@,''0 ;&''0?,.G+?=%T*)'5K+$=?$&'*)Y+A*%=)…K=&'8 ?$&'.A*%T[+ƒC&7
_z+7)*+$?D=&7+&(?$)[+5M+;$?D
 !"#'%&'()*+,- ”¡Š
%T'5(+;&'7&>+&'*)8)0&C)*+ 1Z*=&C+;}+.=)>+;@=$&C+jC=)53$+%@+4+5[.+,C+?=)8+$/8&M&7
o?$&'U ;%+=?=&'B __?$&[[+5'B?/C+A+7&'M &'0 ?$&'a5[+58?@+9'C E)(?$&'U =&M+)*?@+SE&0&8
_ji+5FC%=+A(&.%@,+58+1EG+;=)C+¢+5n$+,n+1J&+7%$+=+&C+;?$&7+?q3)C++N&K+E%D%,(+4+57
&''(90+$&''U d[+5''c€…C+u@,0$/'''3 A'(90+$&'0 )'.,n+4+5()'0XX+I/'K A'5>+4+5(?,n)'U
ˆˆ$/C@,0+E%,+.$+A†).G
E).&''79(+$+•=+A'''3H=&>+:j'C $/C&'* E)'3$)M+4+.@,+5'8 1EG+=&'M Ida'c5….?@+;?$&'U
A(&''.)[8G$@+;&''.)8&(?$/C+;T0&''.&7+E)''. A($/7&''CV+1+J?,n&'''* :?$)'BpK+f&'M %T'5(
1)0=&B+E).&0&.;D&~)*+?$)aB?$&*+?$?T*?$&U+&C+=)0+:+%@%/^+14+7&^+f&K&7+J&*)*&(
_`,K&*+;@+A*)B&0+;&^&.
:E&''0?@Z>+Aa''B&M&0+Z''C &a'''3 $&'U A5a'B%+=&C+E)'.=?$)C+E)0?=9Ë&'^ &a'c./+5>
P''B?@+b?$&''* :%@+E)5'''3H=&>+$D9'B A.=)'K}+.=)>+$)[+5>&'7 =)0&'*&‰+E)5'3)*%/(+$}+5'M
;%$%@+)'''C __jC$/R&'''*H+=+%@;&''''0&*%$)[C/Ž[C&7+1j''C$%=@+Z''> j57&''C AF+5a''3 ;H=&''^
__ E&'FC+;T0&'.&C+&'*)]a8+%@&'.?$)8+$&'7 ;?$&'U 9'C :jC+?$&0&.&C+b&.?$)8)(+E&FC?$&U
E)'B)U+?T'[5M+AF+.=)'0 &'8&U+&'F*/R+__E&'FC+ =)3)C+?$&0&.&C+E).G+A.%e+.=@&C+j*%/aC)(
Wj+5˜/kC+?$&F+5>+1E&FC f&M+?$&0&.&C+E%$$@+E).G+A.%e+.=@&C+&5*
;&''kŽ+5C+h&0?@=)€''B%=+=&''K&U+__4+.=9Ë&'''^ $D9'Bf@+P'iK+9'C &|,+5€'B%=+&'8&U
&'''0 `$?@+o9''^ d''3?$&U&*+_?$/a''c.$+o9''^ hm)''C A„H,8&''* &''.%$+;)''*)8+ZC&''8&U
_h&0?@+A*%$+=?$)R+%@?T[.)U+A*)8?D&7
/F+7&''C :?$&''*&‰?,n+;?=9''($+?=9''B `D$%D&''C ZC?$&'''U =&'M ?/'5U+A0=&'U ZC&'* ?$
m)'C ;?D%$=?@+E)a.=&'B$)M+Aa'3&M&C+)'C &'(%$&0+j+5'iFC+f&'M T[+ƒC+?=&B&7+E)a3?$&U
_&F($/7+$?=&C+ZCH=

”"
b=?@+E$/()'M %@?$&'*@,0+AO)(&'C %@+j'.,+.@+ A*)8?D+A*)0?$%@$$=+&7+;&*%$&U+)5*&(
_j+57/O?@+f&M+?$&*)0&k*,K+?$)R+=&B&7+o?T[.)U+A*)8?D+A*)0?$%@$$+=+E&0?@?$&C
;=)''.@)*+$=).@&''7 :jC?@%T.&''> AK?D)''( A*V&'''K 1Z*&'.)^)*+?T'[5M+&'*)8?D+W&'[.%,C
_?$&[O&(?@+E)0?$)R=&B+E9M&*9M+?$&i5*)0&^)*
 ”¡« ./0'123'456+*67
;?=)''8G+`@)''( :Z''3$/7@+f&'''M E)'0?/5+7/O+f&'M ?$)'U 1E%G&'M &'a.$&0?@+&'0 ;$?D
;&''[.=HD+$?$%=)''3 ;}+5''M ;$?D+%@+J)''0 E)8&''M&7+hm&'''C __Z[+5a'B?@?=&>+A*)'0?/[5(
?D=&''7&8$/C+;$)(&''C ?$&''i5*)0&5.m/O&7+_A0)''*$$+=+=&''C &''(%@?@+`+,'''n A*)0&'. A[+5\'*
&''''''7&K&C+;$?D+&''''0 =&''''M _ ;$?D+;=)''''0$$=+=&''''B &''''[.e>+?@=?@+?D)''''( ;?$)R=&''''B
_E&0?@?G)M+$?$&[O&(?@+;$%$&(&C+&*%$)R=&B$&U+$/C=&C?D+$?,+.G+?$&55*)0&[.,+.@
?,+5'''7 %$&'U WE=?$+&'[5F+7&^+I)'FC+x*)'C 1Z'C 9^$&a'B%+=+b&'.%,C)0+1P'5C+%@&'()0$&7
$?$&'()0?@+¸=/'K E)0&*$/C?D&+7@+$)0?@+&a3%$)U+E)0?/[5(+$?/5+7/O++2&M+b&.?$)R=&B
?$&'*@,0+ AO)(+;)8&(&C+{&.&M+2&K+AR=&M+{?$&()0?@+f9(+$T*/(+E)0?@%pU+$?=$+ZC
$=%T*)8=&'n E)'550+j*%}C)'( &.?$&*@,0+AO)(&7+E).D&~+?T[+5M+o&.9C+:Z[+5M?@+hG$$,M
$e'''.$%=+1z[F''i>+$?$&''*@,0+AO)''( ;=%/C&''7 &''F5*%@+f$&''M o&''8&U+_Z''C E)8=&''n=&C
WZ*&.)‰+=HD+Z3?@+?$&.A8)˜?=&C
1E%@++2$&''''M&7+&''.Aa.,C+`,''K?@+=&''B&7+;=&''k*&7+’H,''8 ;)k+7&''890+;&a''3 $&''U
Z''> A8$@=&''8 $&''8$?+,.&>+&''8&U+:?=)''.,C+;?@%D&''0 4''5]+.G=+&''7 &'''5*Aa.,C+__E$/8D&'U
_AC+E%}+57+%@;=%T*)8=&n+&7+4+5B&0+A*$/C&M+%@&*%@+f$&M+$&7+L5˜)8)U+_h&0?@,+5n
*)'8)U+;)k+.=&'0 ZC=%$&'790+;p'C $$%,['5M%@+A'7@+ ;&0)k*)0+b&.&cO+=&M+$&[.%,C
_E?TCV++N+A*)(9^+1E?@&8+Z>+A+./K+?/+5U+=&C+&a+.,K&*++,C&[C+$,K

”Š
`/0&'7 ?$&.AB,(&8+&()^?@+A(&.)„H,8+;GH=%$@&0+?=$&K+;}5k*&U+ZC?@+W&[.%,C
sZC%@=)3&~+;9^
S?$%@+)*&''> ;9''^ %@+E%=?$@%@+$D)'''B=)0+;@)\'5*&7+&.A'B,(&8+$&'U &'0 Iu%D?@+j'8
AF+5a''3 1j''.=?$@%@+1;D)''B=)0+;%D?=)''3 &'']5UXX+Ij''57?@+&''0 b&''.H,K+=&'''M &'F*/R
$&''U &''B&C+b)''^ )Y$&''U SE$%=@+`,''K %@&'']5U+;@)\''5*+;&''y^/C&7+)5*&''( &'''0 E/($&'U
ˆˆW`+=&K?@+&]+5U++=&8&7+;&.?$%=)3+&a3+$&7+;&B&0
 !"#'%&'()*+,- ”¡#
;?@+E)'.%/^,+5^+&'0 &'5*+&'*).D+$&'U ;=&'C%=&C+j[+58$&'O ;?@+E%=)0@&'C ;&*).D+$&U
&7&Ÿ''3&(+A[(&''0 $)R&''C ?,''( =&''k.=)0+%@+4+7&''^&7+E)8&'''U A*)8$&'O &'F*/R+:j[+58$&'O
_?$&*)0&.AR
IA''''(/K+1;+=9'''''* A*)'''0?=?$@%@+$D)'''B=)0;@)\5*&7+b&'''.%,C)0+E)'''5F+.GH=+W&'''[.%,C
$D)'B=)0+:P'i.&K&*++A'( &'.%,C)0+h&'U ;&'cO&7+ž&'0 ˆˆED)'C).=+ &*)8&U+ZC&*+1ZC&MXX
E%D)'B=)0+A(&'.)Y$&K+ _vi.&K&*+A+5(+=&M+E$/C$%,^%@+o9M+&F*/R+L5*)0?=?$@%@
&'''''C =&''''''M Z''''C?@+hm&''''C ?$/($&''''0&*=?@+ž&''''0 9''''C Aa''''B%=&C+&''''.9($&U+AF+.T*&''''>
T[B&>+AF+.=)0)U+4+5B&0+=&M+?$%+,C+Z>+E).%$+jC,+.@$)*+E)0&Ÿn)[8+›+E)0&.ˆˆAc.,nXX
%T+5(A*)'8/K+'5M+ $&0&.AaB%=+&8&U+_+ji+5FC+;&½+58+=%/R+&*%$&U+Z[+5Ÿ+7/‰+;9^+9C
_&5*
)Y$&''''U __EV@)''' 1E)'''±7)Ç+;)'''k*)0+A[5[F'''i>+&'''($&0+1J)'''M ;@+A0&'''.%,C)0
I`+=9K+&.)[+5M+;&8m?$+$=)5B,>+h&U+1J$&0=?@+9C+A*%$&U+;@)\5*+;&[58?D
sEe+.+,C+Z0&C+E).9^+A¨&^+;+=&>$&U+&*%$&U+ZC?@{
j5M%@+?$&*).V&C+&F*/R+SEe+.+=?@+j+5M%@&C+E).9^+AO=+?$&*).A8?@)U+$/8&M+$)R&C
_)0?@+A3)^+$@=$+&.&M+E)0?@=)€B%=+&*90+;&~$&7+AR=&M+&.9(+$&U+AF+.D)…[(&0
ˆA.)'(90+A.%=&'CX+&'7 za.,C+&*)8&U+E=%$&+790+%T*)[+5M%@&7 E)È)Ç+$D)B=)0+;?=&C
&'''~$&7+=&''B&7+A*)''0?D)(+?@=)€''B%=+1ˆ?T*&''0X+&''.%@+Aa''B?@+4+5''B&0+=&''K&U+&''(%$&0
?$&'*&.V&C+?$&'(&>&C+@,'0 E).&'.%,C)0+$&'U A'ƒ8+E)0?D)'B=)0+ )Y$&U+:T*&0f&M+E)0?D)(
;GH=+%$@  1E&'''''''''FC+P^&'''''''''C E)''''''''''.9^+;GH=%$@++_&.)''''''''B)U=&C+A''''''''F.$%@$$=
_&.)B)U=&C+&0?=)0+?$&*).V&C+?$&U+E&FC+P^&C+E)55*)\5Y$/8&M
=&M+E)±+7)Ç+$D%/^&0)R+;=&C+%@=)KGH=+AF+58?@=&B+$/8&M&7+&5*+?$&U+;&U
 ”
E$/C+ˆA.)(90+A.%=&CX

;&'>%,^&7+ ZC++N ;%/^+;@$=@+ˆ)c5X+&0+Z*?@+%@?$&C+E%@+E)]+.=$)M+;&ia5*+?,.&B+  ”

$&U+A[($&0+E/+53&C+&5*?$&U+;&U+__?$/C+A^).+E$)[+5M$)*+;=?$@%@+$D)B=)0&C+;&*)B&0$&U
/F+7&C+__Z[+5^$+=)*+L5U)c5+%@?,+57+o?$&U+;%+,.$+sZ[+./*?@+;9^+?$&*$/C?D+?@%G&*+A8)B
o?$&'U 9'C Z[+5F'iC+4'5(+E)0?@=)€'B%=+;&'~$&7+?$/()M&'* ?$&'U 9C+$&U+)0?@+$%$&(+E)0?=)0
 ”¡t ./0'123'456+*67

”«
svi.&k+5(++N+Ay5M+?$&„H,8+j.%$@+;?=)C=?@+;?$&7+1h&.&cO+h&7+W&[.%,C+`=&U
$pC&7+;&.)„H,8+;?T[.)U+9C+?=$&K+AB,(&8&0+?$/($&0&*=?@+9C+E)(?$&U+;&U
s?$%@=)3&~+;9^+%@+E%=?$@%@+1E%D)B=)0+;+=?$)C
E).)*/(+/(=&(+?$%@+P8+E).9^+%@+Em@)+1E)±+7)Ç+A+7$&0&7+E%$&U+WE+=&>%+=+;?@
_E&kC+Z(+o&.&($+h&U+A*)8&7+j*%/(?@+)B+$&U+E&FC

”#
9'C E)'($/*)5C$+,C+&'*DH=@+&'i.)B)U+ A(&+7)~&C E)0?=)0/.,n+1ž)^=)0+&8$)R=&C&7
&'.9C+:E$/'C 4.=&'n 1f%T'[8+)a'i5M+?$?$/'C?@+E)'5*)0H=@+ ;$$+=&C$$=+&0+__?$&[[+5M?@
_?$&*)c>&*+A+57+$)K)*&>+?@,0+E)(H=@
d'„H,8+ Aa3&0+j[+5^$$+,C+E%D)B=)0+1j[+5FiC+4+5(+E)0&~$&7+E%@&*+d+7)K)(+W&[.%,C
?/'5>+d+7)>&'0 ?$/ai5*+&B&0+$&7+?D%T*&UZC+AF+5B,(+Z*)(?$&U :%@&*+b&(+$%e+5K+$?=&C
o)'.=?@+A'*?e+5K+1E$/'R %@+f$/O&'C ;$)'R)(+)(?$&'U __)FC=?D/K+%@&0?$%e+5K+&C+?$)*
W)C+;?@+1Z[+5M+;?@
_ˆˆ@,0+E)5>%,^+?$&i.=&7+$T*%/+53+E)5F+5a3+$/¼&MXX
P'B?@&7+ Ai5(&.)„H,8 ;GH=+%$@+;?$&[.DH@+?$&.;DH@+A„H,8+;&B&0+$&U++N?$
1j.&''FC+f&''M Z''( ?$&''i5>+9''C d''[5C+E)''aC+E)0D&''C=&Y+&''*%$).=?@+%,'''C ;?@+__+?$%@&'*
__?$&[5aB?/C+E)0&[.+,yn&0+&79>&3+;&^&.+$&aB?@+:j.?TC+=@+).=?@+;$&+ƒ0+1b?D=&C
%$+;=HD+&F*/R+j+5aB?$&8++N+;?@+:jC+J$?+=+?,+5n+E%$?+=+14+.=+AF+5*).=&C+=&B&7+;?@
_&.&M+%$&i+5>+;?/+5U&C+E)5ac.$+Z> E&M

9'C )'c5+Z[+5\'C%@+;9'^ ;@/'^ 9'C =&M+;T[B&>+=)0)U+A(&.AaB&C&8+&ia+5*+b?$+?$/()M&*

h$@=&'8 $/8&'M A.)][+.=+$)[+5>&7+?$&()FC+T[+ƒC+;T[B&>+=)0)U+1P3$?+= ;?=)[8+?$/()M+?$&U
Å+_%@
 !"#'%&'()*+,- ”"‹
;?=$+:P'c.$+?D=&'C ;?@+&'.&M+ %@).=?@&7+L5F+5a3+$/8&M+$?$/Rf&M+).=?@+%$&U
_E?TC+E)0&(+?$&i+5>+9C+E)0&|)O$)R+&*%$).=?@+;&*%@=&8+A(&]5M+:$&a>
E)0&.Aa'''3&0+A*%$&'.)C+&']5U+__z'* 4'.$%@$$+=+'5M+Aa'c.)C=?@+1j'.?@?@+=)8V&'>
;$%e'5K+ /.@$&U+&a+.$&0?@&0+j.&0?@+,r9U+E)†)0&+7H+=+A*)]ai5*+$?=&C+1j.&0?@)M?+=
%T0&.&C+&+7%$&K+&C+&+7%$&K+E)†)0?$/R+f&M+1P+53+?D&~+&0+%@&[+./3+$&7+)U+__?$).=?@
WZC&*=).@+;=&B+$&U+4+5[+.+,yn&0+&*&0+;?@+1E?@?@
 ”"! ./0'123'456+*67

!VW
!SX2%!'&*Y!L$+$G!<2!L$7!6*FH!,T;#
E)''a5>+L''5[8+ˆˆWsz''8}^+E)]0$$@=&''M 9''^ :?$$@=$)''M `/0&'7 J&5a^&'B h&'UXX
;)>&'7 E)(&'.A8=&*+h&'U __s$/'C %T.&'> 9'C ?$`/0&'7 E)(&'.$)^+ h&U+&[.%,C+`=&U+Id+5+7?@
_s&.AR+=&C&7+E)(&.?$&*%/(+h&U+__s&.AR
$&''U __E)(}+5M&''C $}+5'''M ;T*&'C,.@+%/'0 __E)(@)\'5*+A'./(+;&0&*T*)€'B&R+9'^ %/'0
%@+E)a*)0&'[5+ƒK&7+$T*)O&'( E)'55(+%@+b&'.V+ +&C+E$/C%,i+50+?/+5U+Aac*%/(+9C+;&*‘+5M
Wsj($&0&*=?@+$?$&*$/C+o?+=
jC?@+;T*&8=&n?D+;)8&(&C+E%GH=&7+`GH=+;&0+E?TC=&C+A(?$%$&(+;?=$+?/+5U1P+5C
E)''(9C+E9''R ?$&a+5F''B,C&*+?T''*,C+;,+5'''i¨+b?$+E)'a(%D+$?=$+=&'K&U+E)'. :%@+d0&'(&7
sE&FC+d.=%T3&C+%@+E)[+5M%@&7+Zc^?+=?@
&'.&M+q*D&'8 ?$&'7 ¦7)±'39^Z>+&'.)U+__sA'C T'*/(+1P^&'B )M?$=&M+j+5M%@+AC?@
/''58+&''R=)>+=&''B ;=9'''8 b?$+{?$&*)0?@&'B ;?+=&'>V+$=)'89(+=&'B&C+E)a'B?@+ZY&'0
sZC+E).)†1•?D
E%=%D&''M Aa''c.$+=&''B&7+’H,''8 &''0 &''.%@?$&7+ED&''8 A[()'''M Z'> ·.&'0 Aa'B%+=&C
ET*&]n=&'3 &F*/R+L5*)0&C)C?=&C+__+AC=).@+?/+5>+AaB?@+?=98+1ZB$/[C+?$&C)C?=&C
%$&'U _?qa^&'B 45a'3 $/8&'M&7+Z'C T*&89F'3 45a'3 =&M+&F*/R+E,(}+5M&C+P^&B&7
A'79(+$T*/(&'C E)'(9^X+Id'B%$?@+f&'M &.?@=)€B%=+h&U+;&~$&7+?$&*)(=&B+=$$G&C+j8
_ˆˆj[+5+ƒ8&‰

 ‹
E)0&'0$/yC+&a'3 9'C 4.=$/[B+?$/()M+E)8?$&U+A()0+Wh9^++=&8&7+;&0&ac.$+;&U
&''(%$&0+SA''[8+Aa''B&C&8+$=)5'''B,>+9'( Z*&'(&C+__A'[8+Aa'B%/^+9'( Z*&'(&C+__z'5[C%@
_&FC+h=)(/O+?}5R)*+1³&.)C++AC+AF+5[($&0=&B+?@=/^+$/8&M&7
$%@+j'''8 ;@/^&'7 :u%D?@+P'89^+;=)'.,C+1+ž$/*?=)R&'C &'0 J$&'F.=+;&'U o9'(
14+5a'''3 $/8&''M =&''…8%=&C+1+A''C d''57+J)''K)U+__?$)''* f&''M J9''^ ?$&''[8 A''(%D+=$$G&''C
_?,kC%=+j8+Acn&*+?=$&K+A()B?=)0
 !"#'%&'()*+,- ”"”
)a[($&0=&'B A()0&'7 )'( ?$?=&+ƒ+5\C+&[5.%$@+9C+P5(&.)*D&8+;+=9R+%$@+WPc.$+;&U
_AƒK&*+1j($&0=&B+AaB)U+&()kC+&5*+L5B&0+__AC&*+D%$V
;,''./0+$&''3 &''ƒ57+14.=)''( %@;T*&''8=&n?D+;+=&''> $&''7 4.$)''R  Wh&'''0&^%@+;&'U
W__ZC@,0&*
W__ZC$/C&*+`+=V+1ZC+%}.,(&*+f&M+%@+j($&0=&B+A()B&7+b&.Z>++Wh&0&^%@+;&U
;&0&'cn&*+)(?$&'U __ED&'8 ;H+=?/+5*+9C+w+4+.$)(+?/.&K+)(+h&0?@+?@)8)U+h9^+&.9C
AF+.=$&'M __ˆ,)-.$/01X › E)€'B&R+Z'( A(&'7)~+9'C ?,K)'U ;$/'C ?$&'8=&*+ d[5C?@+h9^
;p'3 $?$%+=&'K f&'M =$/'B A'F5*%/K+ __&^)¥&R+$&^,3+&()0+;?@+1&.$/C+?$&*%G&C
_Z[+.e>?@=?@+1Z[+53/^?@+;9^
?$&'B)(&C+E%$&'0 b?$+)Y$&'U __d'5[C+4'5(+ h9^+Aac.$+A^)*+1h9^+A(%D+&]0?=&K
?$&O$&''3&C&0+h?p''( $&''U ,5^&''* __h,'''kC+;}+58)U&'7 1d+58&'R%@+?$&'89^+;p'( =&'B&C
__ ?$&a+.,K?@+f)C+;9^+;?=)aB+$?=&C
Z'''> ·.&'''0 AR&''''0 __%@+ED&''8 ;H+=?/5*&''7 $&''(,>+A0&.?,+5a''B&U+&'']…C+&'']0?=&K
__A[+58&*+/0?$)(+ZŒ+;?@+$&.A*)Œ)U+;p(+__+¹+.G&M+;?@+1P+.@+?$&[()M
;9''B)U+&''7 ?$&'']y+5>?@+h9''^ )Y$&''U __ Z'''C)*+•&'7 L'.=9^+$=9'^ &']…C+&']0?=&K
_?$&]+50$/€C %@+j($&0=&B
__z'5[C%@+4+.=$/['B b&'.&FyK+$/8&'M 9C)'C __Wh&0&ac.$+;&U+:d.)8&(&C&0+&.&8&U
_ED&8+A[($&0=&B9C+ZC+d+57+J)K)U?@+SA]aB&C&8+9(+=&M+Wh&0&ac.$+;&U

! 6/2G)/$K*Z
!
E)'''F.GH=+)'( $/R&'[5>+;=HD+J,'K %T'5(+A8%=)'U $ ;&0&($&F'3&U+?$&'.%+=&K+%=%D&'0
E9''R :©9'''Y /'(,Y+$?+=&'* &'C@,0+Aa'B?@+1“+=&'>=?@+;&'0&n&½+5>+/+5*&'7 ;=&'(&>+b?$
N ;&'''˜&>+$T*%+p'''Ÿ.?@+%$)'''U Z'''C%@+P'''8 ;9''''^ ;&''0)k+5Y+/+5*&''7 &''….=&r+AF+5''B&0
_)FC+;=?@+T*)3?$?@%+=
A'3&0?=%T*)5K+&'($/Y+?=%$)'M/()M+h&'C J&'*)*&(+ ˆ$/C/C+Aa+50+&*%$@+A3$/(+%$)UX
__&'^=&R+&'[($&0+?$&.;=&'B =$$G&7+;T5U+:E$/C+?=&(+?$&.&0&($&F3&U+AO)(+=&B&7
 ”"  ./0'123'456+*67
&''[($&0+:$/''R 4''5(++N+E).=&''B o&''F.@+A*)0?=?$&'''*)Y+)a'B?$&*+?$&'3?T[+5M&C+=)'0
_?$&[($&0+=$$@+1E%@+•%D$+1+;+,n+&+7)C+1j.}^%+=
&'7 /5*&'R%+=+1§)'.)*+;&'0HpC+;?@)'U IA(/K+$?$&.)8+%@;9^+;&ac+./+7&M+$&7+%=%D
__9(+9C+d0&.?T+5€B+j8+_&C?$&aB%+=+?$&89^+A(%D+A*)0&.A.m/O
?$%@+J9^+=?@G&U+b?$+)ai+5M+AR&0+__%@+=)Y+h9( ;?$&*$/C+E$$+= )B)U+,+53&+7&0
)''M?=+9''C 9''^ A''k*?@+`$&'''8?@+&'F*/R+:&a'c5…C+$?$?=&'FC+P*)0&'.`/K+:%@;$?D&'C
&'.%@ `=9K&'7 )'M?$+;&Ÿ'i.,(+?=$&'M W?$?=&'FC+P'./K+ __W?+=&>%+=+$&0$$D+;?@+__;&FC
_ )0?@+vc5C+?,+5n+L5*)aB+=9K+J&*)*&(
_&a''c5CAC+J$)''R $$@=&''M&C+d''5ƒ.?@+A0&''5R+=&''M $&'n9+ƒkC+f&'M P*)'0?$)R+;?@
b&''. 1P''5C+E%}'0%@+;,+./0&'0 o&*)'B&0$&C+J&'*)*&(+&'i^&C+)'3)8&(+&'.&M+d'F5k*?@
E%$)'C &'*90+h$—8&'~&*+ )M?$+j8+&F*/R+?$&a+.,K)*+J%@$&^+;T5U+?$&a+5…C+=)53$+=)Y
_?$&*?TC)C+E).&0&39^+?$&^+h?TC+E)53&k+.=+$?$&8&FC=&C&^
$&C?$&a'B%+=+&'(%$&0+S;?@&'U 4'i.$)C+ $?$&a5+5+7$/Y?@+&a+57+;$)R+Ww).)*+;&0HpC
_&[.@ZC+;%=%D+Z[+.+=&>?@+J%=+;&B&0+$&U+S)0?@+Pk*)C+%=%D+W&89(+f&K&7+__&FC+&cO
A^=&'''R __?$&'''8&0?@+@=?D&''''8?@+=%D)''U __?$&''8&0?@)[5C)(+A*)''K?T[.D+1h%=%D+j''8
9'( Ak*)'C $u)'0?pC+$/8&'M A>9(=&B+1f$/O+;&0HpC+;&U+?$&8&0?@+P^&Y+;@&C&U
&7+d+./K+&0+d[8+?$&U+)U+:?$?=&C+&a5+.@+I&a+57+h$)R+%$&U+Wh9^&7+A39^+;)U+9(__h&0?@
&''0 ;)''U ?$%@+b&''a7&M+;9''^ =$/''* $?=&''C d''i5*)0&^)*+;&'''[.%$@+__&'89^+;&'^?DH@
W&[+5C+PaB?@+;?@)U+:h9^+;V9C+__?$&i+5>?,+5C+h&0&C).)*+?pC+;?@)U+Wd39½+7@
Wh9^+A5a^&C@&C+9C+;%$+__&5539^)*+h&7+;)U+__?$%$@+?$?=?+,+5k5C+__)*+__)*

”
$ %T'''.$?D+=&'''B&C+J$&'''0 $$@,''''8 b?$+ET*)''0=@+;&*)''cO+$&''U %=%D+?T*?$&''U =&''M
$ J,'''k.%@+9R9O&'''R $ ?$&a'''i5*+A5'''B,(&8+,''''(%$@+_$/''C o9\''5C+=HD+A0&''.?$)89C
_J$&'''0 )''''k5Y+=&''B&7+?$&''*@=%/^+$+E@=%/''^ ZC&''C GH+=+J$&''~ $)''0=}C+;$)''R/8?@
9'C A'0%=9^+%+=&'K?@+;&'09+7&M+hm&'C :P'i5M&*+E)5+5Y&'C Ai5*)0?=?$).+?=?$&*)Y$$@
=HD+E)5''''i5F+.=)Y+:?$&'''.%T+7&M+=$?@+&'''7 ;?/'''58+$+&'''ƒO)>+)'''M?=9Y+)'''( {)'''FC+%T.&'''>
 !"#'%&'()*+,- ”"¡
:Z'[.,–…+57+;&'79^=&C+$$@+$/…($&'^ 457&'k58+ A*%/3+&0+%@&()0$&7+A*%/(+J&Í?D&C
_A8?@=&C+&*%T5.+,n+$+Z()M+E).%@+%$@&C%$@+T5U
1Aa'''B?@+&''''(,K+AF+./+5''B 1P''i5*%@+;&''0)K$&^+=&''B&7+%=%D+?GH=+J$&''~ ;%$@
4.}*&''''7 J)''''0 %$&''''U ?$?@,''''0 E)5+7).&'''''^ A'''3&0?=?$&*)Y+$$@+:;e]+7&'''M ;&'''0&*9C
IJ/K+E)5+5> )Y$&U+&.%@?$&*$/C
P[.+=&''>%=+A()''0 ;=&''U _j''B=/O+J$)'''R E)']5M+1;+=&'> Z'( GH=+J$&'~ %$&'U W%=%D
?$&''8%=&C+&''C %$&'''M IE?$&(&'B)(&C+E)0&a'3 :`=?@+?,+5'C ;&0&($&F'3&U+&'7 s?$/()M&'*
$$D+&C$$D+&.?$&(?=D&&C+4+5a3+$/8&M+__j(=%T.@+;%T.&3+E)0&+7m/K+__`/+5k*&U+J?@
_AC?$&0)R+$)FC+J=&B?=)R
A(&0&'3 1P*)'3=&B+&a+5…a'c^+A.)'B=/O+&'0 ?$/'C %T.&>+9C+J?D)(+;&*)]a8+&.)U
·'> ;,.$&'M b?$+A*)8$)R=&'C&7+sZ'C@,F+5(+;9'^ ;=)'0 A'3&0&3,(+ ,.$&M+1AC@,0
_A(,n?@=?@+?$&a*)0&r,C&O+&7+P*)5K&0+;@,0+A>+E)]aB&M+__;$/C+œ^+$/(m&M
N hD%$+hm&''C :E&''FC+E)''(9^+A.D)C)*&''R ?/'''5U+u)0?=?$&'*)Y+I?$&'*%@+A'8m?$+%=%D
h&U+&c+.=+1;D)C&*&R+__h&FC+z(&C+Z>+A89^+;?=$+h,+.@%=+&*)5K+$&U+9C+`/K+)C+E,+5C
_ZC&*+=).@+;=&B+$&U+$=&B+h&U+9($&U+AF+5^)C+&()0?@++N+h&*)\5Y
&'7 za.,C&'0 ?$%@+E)\'*&>+;9'^ %@+E)0&k*?@+12&K&3$+&7+A(&.)[.p3+A8&Y=&B
_?$&[C?@+e+.=@+@&C&U+)(+%@+E)0?$%+,C%@+?=?$&*$/C+E%/+5*&7+1&i+.T*&U+1dM?$+;@,>+?}.=
:)0?@+;@&C+&F.@+AF+5*)5Y+%@&0+AF+5cn&*&7+$&.&M+;9^+A*)\5Y+4+5cn&*+$/8&M
:Z'C?@+q'> %@+E)5*%/+5*&'7 L5C%=&'B ;?,n&'( Z'Cq>+E)0&a'3 E%/+5*&'7 E$/R+4+57+T*&R
_?qa^&B+A*$/CD)C=?@++N+ZC+qFB&(=&C+&*)k*&(+h)0
A(%D&''7 ˆj''8XX+A''R 9''C E)'''. sAC&'* %@+j'8 &'7 1ZC&'M P'3 Z'3?@+E9'R u%D)'* j'8
;%+,''F5(+:?$)5''3&*+?$&''*%=%@@/^+AF+.=)''0 ET*)€''B&R&*9^+&'F*/R+__sZC&'* %@ˆh9'^X
z''''*%/aC+&''0 ?q''3)C%$+o&'']5U+9''C :?$&''*&C?@+pC&''7 E)8&.Aa''B%=+h&''U L5*)0&''k*?@
_j.&FC+E).pC&7
__Z'C d.)'O Z'> E).@%}58?@)U+;?=$+?$/C%@?$&U+$)[+5>&7+’H,8+&*%=@+$)*+1x*?@+&0
&'5*?$&U+;&'U :&.&M+;9^+A(?D&7+9^+A3&C&0+&.&.A(&.)a+53+$&U+=&M+L5*)8D+$&cO
Ws)8&B&()^?@+?$&F+5a3+$/8&M+=&B&C+;9^+A*%$?+=+&cO+’H,8
 ”"" ./0'123'456+*67
=&B&C E)(?$&U+__Wj39^+E)0?=?@+/.,n+&k*?@+&0+;)U+__j(?D&7&C+E)0&3$+&0+;)U
_E&0?@+E)]5ac.$&39^&C+)8&B+?$&[.+,+.D+&F+7&>+A*)0&k*?+=+$/8&M
Ihm?$+&[()M+=?$&*)Y+&($/Y
E)'''.9^+A'''cn&*+9'''C E)0&a'''3 &''''0 Z''[5C?@+%$+ZC&''M ;&'']5U+A''39M+4+5''B&0=&M
/5*&''7 P''B?@+1E$/C&M;9*)''3 =&''B &''[.@+E)0&a''3 A8&Y=&'''B &'F*/R+E&0?@)8&'B
_?$&[+.@+E)3)>+$%$@+?$&[+5i0?@+1z*&F+5>+&*&0+;?@+PB?@
@&''''C&U+)''( L5*$$@=&''K A^=&''R __?$&''a.=&K?@+A''3$/8&M+$%$+=?@+Za''3 $/8&''M
_?$&a+.+=$/B?@
A''7/K+%@+E$/C&''M ;&K+=$/''B f&''K&7+__?$&''a.@+Za'''3$/8&M+1`,'8?@+Za'3$/8&M
;?$&''*@,0+?D)''( 9''C :jC?@)*/(/(=&''( E)0&a''3 _&''.)*+E)'5.%$@+j'C?@+A'*%=$/*+E)0&a'3
A()''0 )Y$&''U Sj''.D%,(?TF+57+9^$)0&''C __j''C?@+e+.=)''B $?$&'''[.=&K?@+E$/C&'M ;@)'5[C
_A(&.9^+;=)K}+.=)>+&.)(&M)( E$$@=&K+;T*&C&Ÿ+7)U+:&*%@?$&aB?@&C9^
ˆˆ?,+5'''7XX+;=?$&'( =&'B&7+)Y$&'U _)'0?@+Z'> P'B?@+%@+b&'.&0$,(+$/8&'M&7+E$/C&'M
AO&'R 45[+./'3 $/8&'M&7+ L.=?$&(+__?$&[+.,0?@+ˆ`$&7X+E)0&*)Œ)U+;$&K++,+5K$%+,+5K
_&y+5>+$&ƒ>+$/8&M+L.@&C&U+;)k+.=__`,K?@=?$+;9^
IA(/K+$%=%D+;/+57+=&B+&.+=&>+b&.?}C
$%$&'( %@GH= J$&'~&7+?$%=@=)'.,C+AR&'0 j*%D?@?$&'U o)C+o)C+Wj*$/(&R&0+;)U
u%@@+j'8 hm&'C W`+°C=&'C&7+h&'B)*&M+ )(+?$&]09+7)K+&.%}^+4+5*D$/8=+E9R+;)U+__`,FC
N ;9'^ b?$+E$/()'M o?/'5U+:?$?@,'0 d'–(+ =$$@+9C+1T*)(,O+d.&0?=&B+1E@,0+pK++N
Ws?$&*&FC
A8)˜&''U&7+__h$/C$$T*)'8 1b—'5M+?$?@,'0 d'–(+1J,'K%@++N+©&'O h?T'[5M+o)a'c5U
d39^&*+&a.$%=&C+b?$+{?$?=%G+1E%G
$/''C E)a0?=&''K __¹'''5C+E)'(9^+;$)R&'C E)aF+5a'3 $/8&'M %$&'U Wh&'0?=?$&*)Y$$@
f@+%@?=?$&'*$/C+h&'7 ’H,'8 &0+j*%D)*+;&U+:E,kC=?$+u)0?=%D)U&7+J?D&7+)B)U+A8?@)U
$)K?=&''B 1b)[(?,''B&~+A*&''|@+;)'''3)8&(&0+Z»&'~?@+4+5()'0 :?=?$&'*)Y+j.q'O?+=
__s)FC+&˜&F3&U
 !"#'%&'()*+,- ”"Š
h&'M%=&n+A'^?DH@+&'0 ?/'5[5C+;&'[58?D+h&'U Aa3&M&C&7+A(?D&7+’H,8+?$?GH=+$&7
_?$)[+5M
&'i.&*%$&7+$?$&'5k*?@&C+ `@+4+50/yC+%,+5^+)c+7&M++N+;=%$)M+ED&8+AF+.$)5>+=&K&U
A''3&5.@$/B&~+h&''U AR&''0 __Z''ƒ5M+%@+;9'''^ ?$&'.?$)¬7V&7+;@$/'B&~+A*)8D&'79K
Ws)C?@$)*+?$&[()M+%T+5>+A.?D&C+1A*)C?,\58&C
=&'''''C E9R&''''0 E)5*)0?p)''''3 J&''''….)(&C+E?T''''C E)0&''''8$@=&8+&''''FyK+A˜=&''''B
__E&''0?@+&'*)8?D+A*%@=&'K P'B?@&7+$=)'KGH=+P'B?@&7++V)F'B ?$&'[.,K)U+;;e'5…*%$?+=
'''5M+A(&.)'''39^+;&'''0,0+;&'''FC+¢'''3 &'''*%D$/*+f&'''M h&'''U 9'''C `/'''K ?T*?$&''U =&''M
_;&0?@+=9ƒ0+9C+A+./K+1ZR)*+PB?@&7+PF+.T*&Cm)FB
Z'''( ;=)'0 __&.m)F'B ;&'i5>+&'0 `,'K?@%@+&'B&0$&7+$)'R ?$?D)'* $?}8&'r&C+E)'.G
)'( &'C u%$+=?$)R+b&.)k5*+&()B+&(%$&0+SA89^++=&8&7+;&0?=%T+7@+9(+IZ+7?@ A5>+$)0?@
_h&FC+E)^=&(+9C+P89^
$&'7)*&7+P+./K&'0 =&'M _&5*+•?+=+f@+;9^&C+•&M=?@+’H,8+;?T[+5M+4+5*%/.&~+5M
$)''* =)0&''C9(+$,'''K f&'M )'^ $=)…M)*/K&'C E).9^&'0 $/'C ?$&*)'B&0+$&'U ;?$&'*%D$+,0
_Aac5C?@+T*&‚D&7+AB?$&M+&8+,>+%@+E).&*)¬5n+$m)FB+$&7+:E&C?@
;&''U sh&FCm)F''B ’H,''8 P'''B?@&7+&'0 ZC?$&'U da'B&C&8+%+,8&*)'cO+$&'7 ;Z'ƒC+9'(
?=$&'K ;=&'3 A*$/C)>=&'C %@&'7&k8$@=&8+h&'U /5*&'7 Wh9^+=&8&7+;&09+7&M+$=)8+&Ÿ3)U
1&'.&8&U+=&'M h$/'C ;,+5'n )a'c5U+)'( ;?$&U+_&ac./+5>+AF+.=)0+%@?=$&K+;,+5^+$)[+5>&7
_;@+Ay5M
N 9'''C &'''F.@=&C+&a^&'''B $?T[''''B&>+AF+5a''3 ?=$&''K ;&''>%,^+%@A8?@)''U ;}+5M&''7
_ZC+£8)0+1Zc^?+,C+%@+;9^+;&>%,^+$&0)R&7+&ac.$+A>+L5„H,8+_j+5M%@+A[53)(%@
Z''0 %@&'''F7&^+h&'U /5*&'7 u%}'C 1hH+,'C $?$&'(?$%@?=&C+%@+h9'^ Aƒ8&'C dF+5R)'^ j'8
Id+5+7?@&'0 :?$$@,0&'* A'B)C+ž&'0 h&'0?@+ 4+5a3+;=%$)M+1h$)aB?$%+=+/F7&C+__?=)0@&C
h&'''7 )a'i5M+’H,'8 ;&'0)R+j.,(?=$&'K 1&'>%,^+j.,(?=$&'K &'0 ;?$&'U 9'C h&'0&^%@XX
ˆˆW?$&(9aB%/K+E).&*+%@&55(&.)FyK
 ”"« ./0'123'456+*67
%@+dK+=/O&''7 $&'''F.=)8+&'F7&^+h&'U 9'C d'5[5C+b$/'B 1A(&.)0$/'B {;&'0&.+Aa'B%=
&'''.&*%$&7__=&''''k8/˜+;%,C)''0 A7%$&''M A[''3&R&C+__Z''[5F[^+w )''0)M+$%@&''U &''ƒk[5K
I@,0+A[5C+L+5>&0+`+°C+=&C&7+h&B)*&M
__Z''C E@=%/^=$/''i8+A*)5''3 %@`+=9K&''7 &''5*+Za''3 __j*)''c0&.+%+,''F5(+E)0&a'3XX
ˆˆ_j[+5F[^?@+E)5*)0+?D%/^%@+L.=)5*%D+1J&–.=)8
J?@+J&0&''3 1A[58&''()8&7++,'> A'F5k*?@+$?$&'a.$?+=?@+x*?D?$&'3 &'0 d'a.@+%$)'U
IhT*).&K?@%=+A+5>+:%@m&*)5K&7+&39^=&B+;?D$/*+J/K
$$T*)'89(+&'0 ?$&'a.@+?$&'a5C?@+%T.&'> &„H,8+$&U+&.)(&M+)(+$%@+2/^+;%$@&C+2/^
_ˆˆ&.&FyK+A„H,8XX+L.$&U+I)0?@
1hT'*%+=D+ +N+;$&^+__)i0+f&MZ(+$%@Ay+5>+%@+AF.=)(&C+&0+/C?$&U+j8+;&0&(&n&^
1•%+=$+AF+5($&F'3&U+&'a5C?@+1`+=9'K?@+ {%@+d8?@+=&C&7+?@%}8?@)U+h&U+;&[58?D Ida.@
$=%@&C+$/C+$)R=&C&7+dF+5a3+$/8&M+__?$&50H=&C+1x[B+&C+Z3/K?@+b&.?T[.D+$/8&M
_&+7)B+E%@&B+A*)0?$)^$+=%@+?/5B&>)*&>+AFB$/ƒ>+14c+5U+14ƒ+./*+?=&B&C+__$$@=&>
$&'U ;&'y.+=9K+&a'B&C?@+A*)'0,n+__9R/()'M &'($&0+ %@ E)0?+=9K+/+5*&C+h&B)*&M+;&8+,>
1E?/5'3&C+__Z+ƒ+5M&'* E)]+5Y&'C&0+$/'C%$+ %D)O&(+__T*)B$/*?@+?/+5>+;9^+$&7&k8$@=&8
I?$&(/K+;?@+GH=+$$&3+$@,0?@+;m)FB+:?$&.)8+$&3+;=%D
=$/''B &''FyK+A''„H,8+Z+7&'''C __?$&'(%@?@+f&'M =&'B &'„H,8+h&'U A'.%$@+:h&'0&^%@XX
ˆˆ?$&a+.@+&.)(&M)(++=$/B+;%$@&7
&'''''0 &''''''.%@?$&7+,.&''''B :E/''''.@+u).&''''FyK+$?=$&''''K __?/''''.@+d''''„H,8+L+5>?$&''''7
?$&*)5'''39^+Aa+.=&'''3&C&7+E)5''''3%+,F+5(+Wj''R?@+E)5*)0&''FyK&7+=&''M E)5''i5*)0?=$&K
__E$—K
A.&'FyK&C+)M?$=&'M &'.%@?$&7+Aa^&'C@&C+W&'.&FyK+T*&'R E).?=$&'K ?=&'M &0+;)U
Wsw&*+b—5M+?$&*$/C&M+;&*%@=&K+$=)0+h&C+A+5+ƒC 9(+__?$&*?TC+f&M+=&B
__&'39^)*&0+;)'U __&'39^)*+&'0 ;)'UXX+I?$?@,'F5> Aa'B?@+1“9^&'C %T'.=/K+%=%D
ˆˆ?$&[($&0pC+;9^+;=%D)U+$@=?@+A*?G%+=+?$&.;=%/B+&B)*&M&C+W&39^)*&0+;)U
W$/C?$&'''0)R+;%,C)'''0 )'''MX+IE)''''5(/K+1;+,''C A''> E).&''cO+;&''09+7&M+$=)''8 &Ÿ''3)U
A()'^)C+&'7 )5*@+`$&7+;&[+./3+$&U+&a.&K?@)(+H+,C+?,+57+)U+I?,kC++N+E)]+./K+$&0&8&cO
 !"#'%&'()*+,- ”"#
;$/O)'~ 1x*&'M AƒR$‘R&'C E%@?$)'U A'*m/K+;9+7&'8 /5*+?=H+,C+_&(+=9*?$)R+%@+;9^
;,+5'n ?$&'*%$&7+1?,'kC+`/'K ?$?D%$)'U o9'^ ;?T[+7)C+&79>+=).@&C+,+5(+`$&7+:E%,(90
?$&'39*&C+;&'*%$&U+ :?D%$)U+$?G$V+&C+E)5ac./+5>+E)0?$/C+?$&B)^ __&C+j.+,R+@$$,B
__Ee+5C?@+&cO+ED)*?@
:?$&[+5+ƒ.)*+E%$&U+j[+.e.$V+;?@+E)0?$/C+?$&0)R+;?$&U+L5*%+=9K+&*$&F+7&M+Z(&0
_E+=9K?@++N+;=)C+/F+7&C
;&.A*)'''39^+1j'''./k*?$%=+$&'''U ?=)'''.@%$+Wj''''C x''*?@+Z''C &''[5Y$&K+IA''(/K+%=%D
?$&'].=&K?@+L.V$&'8&7+__Z'CA*%D+E)'a5>+?/'5U+)'[5M+P'B?@&C+d'89^+ 9C+GH= J$&~&C
_?$&'­?@+b)'R A'5>+h9'^9C+)Y$&'U :)'* @)'5[C+h&'. A[.p'3$&U+ 9C+;?@$$,B+$&U+=&B
Wsd[+5\C+h?=)0+h&7+D%$+&*)a0?=&K+E)c.@+?$&U
b)'''R &'''0 ?$&''''(?$/RpC&7+J?$&''U :&''0&8+&''cO+I%=&''M &''*).@,0+=?$&''*)Y+&''($/Y
JD)'( ;@$$,'B E9'0 ;=)(&'C &'F*/R+S&kCD)'B J9'^ 9C+`/*+AF.=)(+%,+5^+s?$&a.$/C
_`=@)*++NZ>
b)''R Z''> A'''(9^+__+A'C ;&'0,*+2$/7?@=&'K b?$+)'C __?+,'yC+J9'^ A'*%=9K 9'( W%=%D
&''7 ;&''8&U+;@+AF+5''B&0+%@9''( L5>&''7 _&'''[.=&>%+=+Z'> A'(9^+A'B$/*?=)R+$?$?=&'FC
_?$%,B$/*&*+f&C&O
_Z'C?@+ AR+1`@+N+P5R&0+j*%D+o?@+1jB)*?@+P3)C+J9^+=&8&7 ;=?$&*)Y+W%=%D
&'7 =&'M :&'.;@&C&U+ A0&.?=)C$$@+E)0&a3+;?$&[()M+&0+?$%@+J+=)Y+1AF+.=&…8).&>+9(
:?$?+,.&>+h&U+;?$&*@,0$‘C+9C+AC+ž&0+h&0&.+&0 ?$%,B$/*+?=)R&7+J&8&U+?$)ac+5U
;=)0=$/a'''B?@+W&'*)89(+f&'K&7+:%=%D+_&'(9^+;=).&'( 4.=)'0 %@A'B,(&8+$T*&'C&k+7&C+&'7
1P'.@+ &.)(&M+)(+&.&M+P3+AR=&M+I+A+5+7?@+)(?$&U+_&5*98)*+AF+5a3+?$&*)8V&C+P0&.
1=&'C $&'8&7+A'57?@+Z*)(?$&'U __?$&'[5+.+=&K?@+=&'M %@+E)50&(&7+L.&]+5U+__?$&a+.+=&K?@
_?$&*$/C=&M+)*)]+7&K&7+L5*)0&a3+E)c.@+:?$&[.$/C+=)8G&UZC+;)M?=)Y+9C
b?$+•?@+o&.)'''B).+h&'''U _&''''.&M+?$&''*$/C+?=)''C$$@+;)''B).+&''*D&8&C+J+=?$)''C 9''(
$?$&'a.=&K?@+f&'M ;?$?,'.G+;V+?$?$/'C f)(&'C ;?$?=&'B ;=)C&'0 =&'M I&‡+A()&B
h&''7 o&'']5U+:j0&'''. E/'R E)0&+7)'B ;=&C&7=&'B )M?$=&'M__?$&'a.}58?@%@+`/*&'7 =&'B
_?$&[5+.+=&K?@+$?$&[5C?@+1z*)89^+A0&.+E$/R+E)¼&Y=&B+%@&.)B).&*D&8
 ”"t ./0'123'456+*67
J9'^ A'cn&*+f&'K&7+E9'R z'*%D?@+ &]+5U+;,­+`$&aC+)ac+5U+=&K&U+W&*)89(+f&K&7
A7)~&''7 E&''0?@++N+J)''F(+J&''09+7&M+$+=)8&Ÿ''3)U+hm&''C __?$?D)'''5*+$D%=+&'a.$&0?@+{%@
_A+5*&*%@+J9^+A*)K?T[.D+9C+4+.=/[B+%@=D)~
&'8&U+ __?$&a.?@?@+E$/C+?@$/B)U+;&B)*&M+%$&U ZC)*+4+5(+J9^+A.%$m)8+9C+9(&0
J9a'B&U&7+E%,'K A'790+,'K9^+$?D&'C=&Y+;9'( )B$&U+:A[+5+7)[C+$$D?=)U&C+b?$&*+:&.%$
;@+¦F+58&'''0 ;%$@+__s+w?@+E$/'''k*+$?=&''''B 1h,''8?@+d[8?$&''U I;e''5C?@+1A+7)''8?@%@
$&''U ;=9''( hm&''C __j[+58)'''* E)0&'3&7+b?$+L5*)0&'*)5K+&'F*/R+$/C&'* AF+5a'3 &'­?@
:?$&'()0?@+da'B$=@+ `/*&7+=&B+$?$&[C?@+%T.&>+E%GH+=&7++;GH=+h$%@+;?=$@+;&*%ˆ234X
_4+5a3+$/8&M+9C+;@&C&U+;?$&*%+=&K+N&k(&ƒ5&7+dF+53&C+L5[8
?$&''8&09+7&M+$=)''8 &Ÿ''3)U1+h9^&''C L''5[8+?$&''*%+=&K+;$?D+$=9'''^ &'0 =&'M ;T'5U
9'C E)'. q'0)R+$?D)'( AF+5*)'.G+9'C b&'* hm&C+?$&]+.+=&K?@+Z+7&C__+?$&]+.+=&K?@+E)5+7&K&7
;=&''C&7+=&'B 1•?@+9'C A.&'i58&M+A0&'.?$&*%+=&K&C+/F+7&'C _$/'y.$+$T*&'*)8+AF+5*)'.G
;?@e'8 ?$&*)'c.@+__E)0&a'3 ;?$&'*%+=&K+&'i58&M+&'C d'[5M?@+ +=?$)C+E)c.@+_&*).G+h&U
V)''''CA„H,8+A[($&''''0=?@+A'''''[5K}8+__h?@?@++=)'''Y h$@=&'''8 1;$?D+9'''C b)'''*$$=+;GH=
_u&.&K?@%+=
%$)'U :?$%,'B/*+ h?=)R&7+&.)(&M)(&0+&.&8&U+:hT*)F3+AF+5(+1/K+:$/C+h&cO+&8&U
A()'''B )a'c5U+_?$&]+5*?@=&'B h9'^ 9'C %@+E)8&'* ;?@=&'>&7+?$&'*%@+A'[5K}8+1&'K &'C
%=%D+%$)'U _Z'C?@+h$/k*$?=&'B ;9'^ 9'C ;&'B&0+ $&7+A.)C+DHp>+A()B+__?$/()M+;9^
_?$&*)8&*+;?@=&>+&a+5R?@
hm&''C__?$&''(%TC+hm?$+E)5F+5a''3 %=%D+E$/C)8&''(&C+1J/''K E).&'''8&U+9+7&M$=)8&Ÿ'3)U
;D%=&''''''7 ;$%$&''''(&C+&''''F*/R+SE$)a''''B?$+&''''cO+&''''7 ;&''''0?=?$&*)Y&($/Y+A*%}.&''''*
_$/C+=&C&^&C+AR&0+?$/aB$/*&0+J$&0?@=?@%$+__$/C—K+?$&.9^Acn&*
?$&*)i0+A+57+9^+=&B&7+;T5U+1E$/C+PB&>+%=%D+;&.Ak*?@++¦C+h&7+E)0?=?$&*)Y
_ ?$%$@
 !"#'%&'()*+,- ”Š‹

! 6<$(!'B./*+
E9''R b?$+=&'M :A'5ƒC+ˆH+,8&'UX+;&'3$+;$$@,'0 h,+5'n h9'^ =&'8&7+;&0&'cn&*+;&'U
=&'M&7+1+%T0&'.?$)0$/>+$/8&'M =&B&C+;$$@,0+h,+5n+_;e+5C?@+ˆ`,+5>+1Z[+.$@X+;&3$
_;&FC)8&B+ZC+4+5[+./3
N d5(&.%T['''''B&>+?@=$+A*)0&'''''.A0&8)*&>+1A*)''''''K?T[.D+?@=$+Wh&0&''''cn&*+;&''''U
_ACD)C=?@+A($/O+1J$$+=&C+?$?=9^+;$)R=&C+&C+;@,0+dƒ.)O+_;T*)0&(%@
d0)'> 4'5[F+ƒR+$/8&'M&7+__;@,'0 h=)KD=+E)\*&>+AF+.T*&C+$/8&M&7+Wh&0&cn&*+;&U
d'''57+Z''C$/C+AF.=)''( ;&''a.$)U+4''.=$/*+=&''M 1;T*%=)''( N u)0&''09+7)Ž+7)Y+__?$&''.@,0
_?$&.;T*%$?+=
?$9'( ;9'B)U&C+$+%@9'( ;)'.=?@+?D,>&'3 =&'B&C+p'C N$/7?@=&'K A*T*)8?@+&‚$&0
_Aai+5M&*+%T+5(+h?T[3/0+A*%$)(+1?$&*T*%$?+=+u)0&3?+=+?=$&M
o)''B)U+f)8)'''B ˆˆ)'*XX+IA'5ƒC+)'B)U+2$/7?@=&'K Z'a.%@+h&'n)8+$&'U h&0&'cn&*+;&'U
J9'^ 9'C o9'( `,'C?@+E)0&'*&(=&n+A^?D=&'C ;?=$/'* $&'U b?$+)Y$&U+ˆˆZ+7&CXX+;e+5C
_?$&a5C?@+=/+5M
P(m&'B?@+ &.;@%D)U+$&C+A*%/(?@+o9(+:;$$@,0+)M?+=+9C+d.@%D)U+Wh&0&cn&*+;&U
PB&M+9(+;?T[+5M+L5F+5cn&*+5M+__%@V$&8&7+$)ac+5U+;=?$&*$/C+=&B&C+A[+5>&B%@
_)0)*+?T[.)U+A*)8?D&C
__ZC&'* f?T*&'K ;$$@,'0 d0&'.?$&*$/C+ +N+•=+$+A[5C+b$/B+;,+5n+Wh&0&cn&*+;&U
_E@,0+b$/B+;=&B+$&U+1vc./39^+;+=&>+$&U+&()K?@+)(+Zi+5F+7&M++A(+b&.?@%=&C
1E)0&''''.9M+b&''''.?@%=&C__A''''C 4.=)'''''0 ¢.)'''O E9'''R;@,0+h,+5'''n Wh&0&'''cn&*+;&'''U
&''0 J)''MN J?=9''^ $&''U b?$+)Y$&''U _j''C &''0 ¢''8 %$)''U j'./C+P'*9R+L5*)0)(?=&'B
_?$&a+5C+T[+ƒC+;9^+;&K+=/B+9C+)FC ¢.)O+?$&C+E)0).=?@
J9^9C+)(+:A*+=%@++N+d0&.A(&.%T*&C+1j($&0$$@?+=+1AR&0+¢8=&M+Wh&0&cn&*+;&U
9'''( &''F*/R+:AC=%T*)8=&''n J9''^9C+%@=)KGH+=&''7 1AC=?$=&''B %@Aa^&''B 1J&''Í?D&7
_A|D$&(+AF+.$%=@=).+,C+&7+P5a.,C
?$?=9''Y$%=9Y+A.=)''. 1;D%$&''C __;/5''i^&C+Z''> u)''0?D)(?$)*+Wh&0&'''cn&*+;&'U
A'B$/*)5O9U+1A|D$&'( AF+.$%=@=)'.,C+ &C+;@,0+h,+.@$)*+)Y$&U+__;$$@,0D)B+d–.&0
_9B)U+$=)*&0+;?=)[8+$&*)8?D+;=&c8&Y1E)0&B$/*)5O9U
 ”Š! ./0'123'456+*67
d50&.&''''B)0+$/8&''M $?$$T*%=)''C d5.)''*%@+{%@+J&''0&(m$+=&''B&C+Wh&0&''cn&*+;&''U
_?$$@,0+,>+J&–.=)8+AC%=&3+&[.,+.@&C
AF+.D&'~ &'3/…*/Y+1h%=)'U $/8&'M&C+1A0)'*$$=+ 14.=)(+$/8&M&C+Wh&0&cn&* ;&U
/58&''^9>+A[''3&R&C+&'3&K+&'a.$/($&0+d'a.@+__;$$@,'0 d']O/*+E&'M %@&'*$$@=&K+h&'7
_&O&3+&a+5C?@+$%@?@%+=+;9^&0
1E$/a'i5M%@+E)'.9^+P*)0?$/'i5M+__A*%,K=)'C A'F.=%@?+=/0+9'( W h&0&cn&*+;&U
__?$&''[R?@+=9''8 %@;=%@$)''U &''7 1j''Ž[O+AF8&''89K+P*)0?$/'''i5M+A'79C+__E$/()M=&'C
&''0 A8%=)''U ?T''[5M+9'''( ::;$$T*)'8 1J&0&'3 ?$&'a*)\*&>+A.=?$&'a^&C+;9M&'C )Y$&'U
W?$&a.&0?@+J9^+A[(,k8%=)U&7+h=&3
,(D9'B&C+$,(@)'3/K+$q'*)5„+9'( &'7 45'cn&*+'5M+ %@&*$$@=&K+h&7+Wh&0&cn&*+;&U
`/0&''7 ;&''U ?$&'''[C&*+4'.}*+;T'F57+%@9'( ;&'.)0&7+$/()'M%@+$$@=$/'C%=+! =&'K&U+__&'5*
sW?$&0&.+A($/7&C+ZC?@+E)5($/7
d'''[5C+J?@+o)a'''c5U+A'''i^&C+h9(&''C $/''C%@+P''B?@&7+d5R=&''M Wh&0&''cn&*+;&''U
_sE)¼)0+=&B+&a+.$&0?@+;e+5C+&*%,0/3+;&3$+`=&U+I;e+5C?@+?$&*&^?@=?D&C
?$?}+.+=&''C&0+Z''C &''B&0+$&''U ;=%D/''K ž)>/''B ?T['''i^&C&0+&'5*+P'c.$Z>+;@&'U
Ws+`,K?@=?$++N+;&0&.=).@
A.?D&'C A'i5[(,K=?$+$?T['i^&C+A'5*$$=?@+ A0&.+Aac.$Z>+A(&.%T[i^&C+;&U
Wsz*+,K=?$+A5*$$=?@+A0&.?$&[()M
Sh&'''0?@+J&''0&.+;=)…(&''n&^+;)''*)8+1J?T*&''^ A0H,0&''C b=?@+Wh&0&''cn&*+;&''U
;=&'B $&'U &a5*%$+=?@+:?$&a.&0?@+e+.=@+P[5i^&C+;D&~++,>+1;@&8)U+A>&7+9(+)ac+5U
_?$&a+5Fc.,C?@+$&+7)8)B+;&*&^?@=?D+)a*)0?T.@&7+$+,yn&0+;).=?@
;9''^ AF''c58,n+A''8?+=/^+Z''0 J$&''0=?@+J?}''C ?T*?$&''U =&''M Wh&0&'''cn&*+;&'U
__Ws`pK?@%+=Z>
;&'''8,>+&'*&^?@+L5*)'0 &a'i.,n+E&'M %@9'( ;?T*&'^&7+;&'.A*)C?,\58+$D9'B $&'U
WWE).,K
 !"#'%&'()*+,- ”Š”
E)8&'M&7+__)'0?@+;=%@+9'^ %@+E)'¬5n+1E?/5'3&7+?$$T*%D&'C ;=$/['B &'0 9(+;D9B
?$&F'''c5*&M&C+P'''i5*)C=/O+&'''*$/C+$)'''0?@+E)''''.,K+;&''B)(+J&''0&*&^+?@=?D+%@+J)''0
_A(&.H+=H=
_&0&.+V)F'B %@+4+5[5+7)*+=&M&7+$&F+5[5+7)*+%@+4+5Fc+58,n+=&M&7+IA+5+7?@+?$&>,B&C+9(
;&'(%,+5^+$&'U A'*@,0+%,F'3)U+ /0?$)(+?,(T[B&>+?$V&C+J&0&*&^?@=?D+?$)*&>&7+&.9C
&'''*%/+58+&'''7$/(+$&'''U Z[+5'''3?$?@%+=+P7&'''> ;&'''.)Î&U+$&'''U )'''( __ ;=&''''C&(?$%@+P*)''3
_E&FC+E).+,y>&O+E)0&[R+?/58+E?$&(?=D&&C+&0+?$&a+5[+.D=&ƒC
&a'c.$Z>+¾a'c^%@+J=$/'B ;/'ƒ5>+ 1;,K&*+1Z…(,K%=+J9^+&0+Wh&0&cn&*+;&U
_;+,C+f&M++N+A(9^+Ak*?@+?$&*%qB&C
;T'''5U+Ih&'''0?@+J=&'''C&^)C+L''''5[8+:`=?T''C d˜=&''B 1u&''^?@+Wh&0&''cn&*+;&''U
A'rm/O+`/'K L5*)0).=?@+Ak*?+=&C+__;+,y>+P*)0?@$$,B+)B)U+&8,K+?=$&M+A*%/(?@
?}8&''''r 1&'''˜&7&C+1j'''.,.D+;=?$)['''3 __j'''C P*)0?D&'''~ 1ž?$&'''M Ak*&'''M)U+&'''>,(
$?$&'''a5C?@+P'B%+=++N+;?@%p'U $,C?D&'C ;%,C)'0 ;&[+./'3 $&'U )'( __)FC&'7&8+?$&.=&'B&C
__?$&aB?@&C+`,K?@+E)F+.,(+?$/i+5M+;+,y>&O+9C+ž)]+7&U+AaB&Ÿ8+?$&0&.A*%/Y&C
$&''''U &'''.?$&U+__9'''( ;=&'''0 =)'''KD=+$D9'''B f@+&'''.?$&U+W+h9'''^ =&'''8&7+;&0&'''cn&*
__?$%@+E)\*&>+%@GH=+%$@+A*)0?@$$,B&7+;9^+;$)*&0+;?T*&89F3
P'5a./[5(+;?+,'K %@+J)8/i0+A[+./3&7+__;,+5€B?@+P*)0&*$&^&C+J9^+9(+)ac+5U
{?T[.)'''U A*)'''8?D+A*)0?@$$,'''B&C1Z[+58)*+A0)[8&'''^ __A''''[50,8?@%@+E)0?=)C$$+=&''C
_?$&a.&K?@
_?$&a+5B&~?@+P5a+.$T*)8+)Y$&U
Z'''€.%$@+__?$&'''8)8+f)(&'''C P''''B?@+1A''i^&C+Z''> dF+5a''3$/8&M+W&0&''cn&*+;&''U
IZ'ƒC+d'5>+)a'c5U+&'(%$&0+ :@$$,B+A*)F.,RZ(+9C+&8&0?@ PaB%=+&0+&.?$&U+d[5i^&C
s &*)¼)0=&B&7+ž)>/B+;&3$
_&'[50,R+%+,+5'( L5[8+;,()^=&C&7+1Z+ƒC+J9^+A*%qB+;T5U+h9^+=&8&7+;&0&cn&*
_ZC+9(+;&aB%+=)U+dF+.T*&…B)>/B+$/8&M+)C+`+=&K+d+57?@
" J/K+;%$)U+%=%D
 ”Š  ./0'123'456+*67

! OK!#$Q!L$D!/*($&!@G!$H!,"//N&
!
d''7@+;&''(,>+;T''5U+:P*)0&''.;=)8/^?$)R+A^)''* &''[.+,C+h9''^ ;)''k5*+WE)'''.G+;&'U
A'''[5C+d''[.+,+.D+A0&55a''3&0+__?$&a+5''3$?=@?@+,+.D+)a*)0?$)R&''7 d''a.@+&''F*/R+:)a''B?$
$/'C 4.=&^&0+$/C+A*$/a+7)U+A0&.&Fi+5C+AaB&C+4+5(+$?$&.)FB$,(?@+?$).=?@+=&B&C
_ZC+dO/*
;=&Fa''B&8+A0&''.)k5*+9''( E$%,''F5>+)8&''B ;&*)a+5''3 &Ÿ''3)U+&''C&0+h&''*)R)O+$&''U
E)'''5ƒ>$$@+P*)0&''''79FyC+&a''B?@+)a''i5M+_j''(,K++A''( P*%T*&''^ ;)''B,>+;?$?=&''[./(
P*)'0?D%$)U+;%$&'M 9'C u)0&'. Z'> &'*G)>+ 1•%D$+&($&0+dR)O+J&0&n?@+?$/CT*%$?,B&*
;&''U _?$&''a.,0?@#%@A''5>+&'*G)>+&'7 L50&.AR)8&'B $/8&'M A'./K+__J,'K%+=+E)'5./K
A''R,>+?D=/''K ;T''5U+__P''.%=9(+1h%@V++N+J9'''^ hm&'C __@,'0 u)'0,n+9'( ;V+9'C WE)'.G
?$&*)5''3&n‘0+;&''*)8D+?=&'''B&7+1da'c5C+Z'> E)'.=)8+;&F'i5n+?$&'0&.V&7+P*)'i.=&>
Wh%@+E)i5>+E)5*)F.&>+&0$/*
h$$=+$?=&'C 1%@%$&'~ J9'^ ;T'5U+__+?$%$@&8)'i0+ P*)0?=)8+1J9^&7+$%@+hD)…]+ƒO
$%D%,'''''( ;)k5*&'''C 1Z'''7/O?@+f&'''M N E)'''.$$D?=)U+1ž?$&'''M P'''i5*)0?$)R+__A()'''M
;,+5''n %@)''k.=+A*$/($)''*$/(+&''C u)0&''R)O+%$)''U __`+=&''y5>+=&''B &'''*&^+w+&'*)50?=&K
_E$/C+;D)…[./U
N da''i>&0+__A'.$?@+d5'39^+?$&'i.=$$@&7+1d'B,(?@+P'57+?$&'F.}*&7+WE)'.G+;&'U
?$9'''( ;9M&''''C _A[+5a''B?$+h?@+;&''0?@++A''( d''3$$+= &''01;&0?@+d''i50+;&''0?@+f&''M
__Wsh,K&*+4+.=%D)U++;&K=&C+%@9(+$)[+5>&7+ZC?@+:h?T*&8=%D)U
?$&'a*@,0+ f&M++N+Pi>&C+__;=&K$$@)Y+?$&a+ƒ+5n$+,n&C+__;=&[+5($/B+?$&a.@=)B&C
W ;=?@)*&>+?$&a.=&¨&O&C+__;?T[i+50
;)(?$&'U __=&'K$$@)Y+;D=&'M ?=&'B ;,K+¢.@+;&M+{?$&a+5C&*+P+57+AO=+Z0+ZC?@
Ï)'*/K+1j(&'0 9'C 1A'C ¸$&'K 1E%$)'( Z'C 9(&'0 _Z'R)*=?@+P'B?@&7+ PF+5aB&C&8+5M
;)'k5*+1&'ƒ5(+)'a*)0?$)R+&'7 o?$&'U ;%+,+.$+__Ws`$&*+o9^+;9(+Z0+ZC?@+AC+&7&>&C
_WsJ9^=&C+&a.?@+h?@+`/0+9C+&0?=%$)U+?}50)>+&+79y0+`=&U_s`,FC+;@&C+E).%$)B
?$&'''0&5*%/Y+1A*$/(&'''R &'''C ?$&'''¼?@=&C&7+&'''a57+h$)''''R W&''0?$V+&''[.T+5C+`=&''U
d'''5*+P'''B&C=?@+__h$&'''0?@+J%$@+?$&'''[.+=&€+7&M+1)8=&'''B&C+L''''5[8+%$&''U __s;&''0?@%=
 !"#'%&'()*+,- ”Š¡
9(?$&'''''U _h&'''0&*++N+;=?@$=&'''B 1A'''C%+,C++N+;)8&'''ƒ8+?$)'''M?$+;=&'''C&k*&(+&8$&F'''iC
A8?@=&'C&7 ;?$&'U _&'FC+e'.=@+ 9C+da0&.&˜&>+da0&.&˜&>+)*+5M+:PaB?@+__sA+./0&7
&8&'i8&3+$T'*/0+$&'U &'.%/K+W&a'B?/C+;?@+__fHT'*?D+1J$&F'3&U&7+ &55a.,C+&.%@+j8
_Ws?$&(&*$/C+$‘C+%@+E)8=$?@&C+&0+z*++N+$)R+J&*%,+./0
Z''C?@+__s`@+d''5>+P.=&''¨&O+9'''( &'.%/K+_&'C9^+=&'B&7+WE)a'cF.=)(+;=%T+7)'C ;&'U
N da*)0&'79FyC+ &*%@@+$+;$/C+j.+=?$+?,+5n+?$&7&K&B&7+?$&U+__szC+`/0&7+&]+5U+)ac+5U
h$)'BpK%@+;)'k5*+?$&'a*)0&*—5Ž[^+$+$)'0D9+7)U+&'7)C+ 1h&R=&>+/.@$&7+$?$&a+.,0?@+,K
_Ws;&0?@+&+7%$&~
)Y$&''U Sd''5R$%=+j''8 __sh&''FC+A.)'.=?@+;)8&'B E)'. h&'FC+;/'50+;)8&'B `$&'(?@
_sh9^+;,y+5*+&a+5…C+E).+h9^+AK&B+&a5…C+;&0?@D&~
1;&'0?@+Z>&'( &'7)C+?$&F'i^&7+ˆ&'[5(&+7&^+ f&M+E%/3+;?T[+7)C+b?$X+9(WE).G+;&U
_H+,C+;9C+%@&0+A0&.V&C+1Zi+5FC+f&M+;9C+)Y$&U+:hV+?,+5C+&0)ac+5U+W+;=)O/3
9'''C h)'''*)M+1h$/($&'''0 E9'''R &'''FC+dF+.,.&'''B )''''U _$&''0 $%@+hD)''C Wh9''^ 9''C ;%$
b?$+__&'''.)‚$&FC+P[+./'''3 %@q'''*%/Y+;&'''KD)…+.+=&C+$/C&''''* q''3)C+`=&''U W;$$@=$)''M
²%=&'''''O&C+E)''''''. :%@+x*&''''3&O+;=)''''k*?+=+A''''a^?=@+/+5*&''''C Aa''''c.$&39^+;&''''Fy+.=
_s&*).}C%@+$+D&…+7&M+?$)8&B&C+E)0&[.+,+.D+&.AB)8+&+ƒ+5^&0+%T0&.&R).=?@
;&U+__`+=$&7?@+4+57&r=&C+E$/C$)U+=9^+$?=&C+1`$&7+)U+__;$$T*)8+1b—5M+)ac+5U
;?+=$/'( E%/'3 ;&'8)8+;,'./ƒC+o?$V$&'7 $?$&'[5+.$&l+A'57+o&']5U+ &5*+o9^+P+5>
WsZC
_`=?T''C 9''^ A0&''R&8+$$@=&''M &''(%$&0+__d''790+&''8,K+J?@+&[+./''3 $&'''U 9'C j'8
P*)''0?/+57+hm&''C __&''.Z>+uT*)F''3 A'''a./[5(+A'3&C+&'5*+;T.&'O __A'C$/[5(+&'3&*%$&7
Wj+.=9(?@+b&.?$&*@=%/^+$/8&M&7
__x*&''''3/^93+__}''''^%=+__=&''''K$$@)Y+&''''.&8&U+I?$&'''''.%=&K+f&'''M 4.=)'''8 &'''C$/C
;?$&'''''U ;%$@+:?$&''''F.=&C&7&0+1E/''''0  ?T''''*%}^+f&''''M ;9''''^ u%D)''''* __W/5*&''''R%=
WWPi+5M+ZY&C+?/+5>+;&0?=$/B+&aB?@+A+ƒO&3+$%@+h$$=+&C+A+7)8+A0&.&7D)>&3
;@,'0 d.,+.@$)'R 1h)(?=+)(%$@&C+?T[+5M+W&89(+f&K&7+&0?D)C+$$@)Y+&*—5Ž[^+;&U
Z''> 9'''^ ;=%$)'M o%$@&'8&7+:Aa'c5C?@+Z'> d'89^+A*%q'B )a'c5U)(+_h$/'C J&0&'3
 ”Š" ./0'123'456+*67
_&''FC+)8&''B Z[+5''3?$?@+J%@+;&''.Ay8&O+$&''U ;%$&'''M&C+W&C?$&a'B%=+;?@+_Aa'c5C?@
_?$&(9R&*+pC+&7+d89^+Ay8&O+j8+AaB%+=&C

”
I/K+A+5>+%T8m?$&7+1z[^)U+A+./K+E).G
%=&'''M %=&'''M &'''0 A'''*%D?@+o)'''C :?$?,K&''''8 J&''0&.+Ay8&''O&C+x*,''3 &k*,''3 %=%D
&'7 9'(  1j'8  :h@,'0 Z'( E).=&B+L5+7).&^+$&ƒ.)†+%$&U+__)0?@+5ƒ–5U+?$&*@,0pC
1&''''K=$$@+=&'''B&C+j.$/($&'''0 ?$&'''>%,^+$&'''0)R+;/.@&'''*&7+:+z*)0&'''7?D?$&(+A'''ƒ5^
&'0?=&K+&'(%$&0+:?$&'*/.DH@+;&'* %@+E)]0&(&7+o&F.@+AF+5B&0+:%T*)89^+;=%D/r,+58
AF+.=)'0 &'.)U+ :$/C&*+?$&+7@+A^)C&7+E)8&0&[ac./39^+E)|,K+_`/C+o9^+E)|T0&.
$,'.$D+;T0&'.&7+1j.?TC&'8?@+J?,n&'* ;D9'B ?$&F.@+A0&.V&7+:?$&*%$&y+5>&C+&.%$?=
WszCV?$&(
Sd[+.D&''C?@+=$/[''B %T''3&[ac./39^+h&'''7 1`$?@+o9'^ h9'( ;=HD&'C A'*%D?@+9'(
?p'> &'.A.)*%@+$&'U P'B?@&C+ ;%$+_`,K+h?@+J?pr+?$&a5.)*%@&7+&.?$&U+=&C&7+o&8&U
Z*&'''.)^)*+?T'''[5M+Aa'''i5M+A+5Y&'''C J&'''5.)*%@+$&''''U 4''.GH=+1J)''M =&''K&U+W?$&a+5''3
_ˆˆZ+ƒ+5M?@+P+5Y&C+L5[8+;&0&.Aac.$&39^
:A''* ¯&''8&U&C+$)''5[+7@+?T''[5M+9''( W%=%D+IA'(/K1A*%$=+%@;9'^ ;=&'C$=$?@&C+E)'.G
_;&'0?@+A–'B?$+P*)0&'cO&C+;?=$/['B $&'U &()kC+;?$&7+?,(=$$@+J&0&[ac./39^
_A+ƒ+5\C+d+5Y&C+4+58&0+;%$@+&0+?$&a.&0?@+pC+Iu%}3?@
$%@&'''U N E)a'cF.=)(+A*)0&()'B $&'.N ;&'C&O+A'F5k*?D+&'*90+&'0&.A*%T[+ƒC+=&'B&7
%@+J)''B h&''0&.&7+?$&''()0?@V+$&''3 ?/5*&''0 __J&0&($&F''3&U+A'''[C+&'()K?@+;&'k[.,(
_A+ƒ+5\C+d+5Y&C+&0+&($%@+$?=).+,C+u%D?@+o)C+W%=%D+_A+ƒ5\C+d+5Y&C+`@+)a+7).&^&C
I?$&.%@+d8m?$+{?$&.A+7@$$@&C
&''[.+,+.D+&'''–7D+/+5*&'7&0+?$&'i5>+&'8$/R+A'57+_A'*%D?@+o&'F.@+AF+5a'3 N?$+:Z+7&'C
IA(/K+L.$&U+:d[+5€yC+%@`/K&C+;@+A0&.&3$+%@+A*)0&*)i+.=&>
_ˆˆZ*%}5C+&5*+&0+AF+5B&0+9(+;&kŽ+5C+__A*%D?@+&8&U+9(+W%=%D+&(%$&0XX
 !"#'%&'()*+,- ”ŠŠ
;&['3 &'0 %@&*%D$&'B &'K,+58+$&'U =&'B&C+j'(,K+ ;TF+57+)k5*+1¢5(&C+@,0+E)]aB?@
da''B&M %@&()'''B$&7+__E)'.,K+A*G+=)'M &'*)8%@+o&']5U+j($)k*&'U ;?@+E%=%/'5U+A0)'[†
_?,(}.D)U+d5.)*%@&7+E).G+j8+9C+&0+@,F+5>
" J/K+;%$)U+%=%D

_&C+J9^+;).=$+W+A8?@)U+;&U{!
sZ+ƒC+AR+%@;9^+A^)*&7+$&3?/5*+ZC?@{”
_h$/aB/*+1h$/aB/*{ 
_)M+o9M&C+?$&+7$/O+AF+5*$&^&7{¡
_&+7$/O+;9^+9C+E)\5Y{"
_A(&5+5>+;%$+,C+GH=+1$&3+&0+?q+7/O+?$&7{Š
_j+7$/O+L5*)0?=%D)U{«
_?q+7$/O+;&0&.A0)[8&^&7+;&0&.A*)8@)3{#
_E)\Y+9C+j*)0?=%D)U+;&(/K+A.)(90+1j.=$/C%={t
_`D%/^?@+;@&C&U+A*)8@)3+hm&C{!‹
_`D%/^?@+f$/O+A(&.%@&C&U{!!
ˆˆ W _ W XX{!”
 ”Š« ./0'123'456+*67

! $[!L*+!X/$\
]]
! !O,!5^L$+!U!',*B@K!5',.#$G!="//N&!6*,
!
$&'7).&C+d'F.=%/…+.=+__?=)'0 %,F'3)U+$DHT.&'> h&'*)5K+$&'U Aƒ.&'0 1dF+5[5C+L+5>+j8
=?D/''K %T[5''3)>+z''i5>+E%/+5*&''C d''F.=%/…+.=+__h$&0?@=&'''B %@)'.=?@+$$@+E%/'5* A7)'.
?$&'''a.D@?@+;9'''^ ?$&'''*)5.m/O+$&'''7 ;?=$&''''M &''7&>+$&''U b?$+dF+5($?,''B&*+__h&''0?@
W`,­+Z*)(?$&U&*+1;eC++A*)(?$&U&*+&0&.$T*)8=&M+A[8G$@+$=?$&[50&0
&'*%=&0=)KD=+&'.A0)*$$=+$&'U ;&'Ÿ.,C+9'C AF.=)'( Ak[B=&C+__h?=$&M+&+7&>+$&U+j8
;&''8&K+Z''C /5€''B&R+?T''[5M+__`,''K ;?@+E%G+?$&.&F''c.,C+1&™,''3&C&0+?$)''* f&'M
?$/'''(,K+h?$?=&'F0)*$$=+;&'^)¥&R+1&Ÿ'i.,(+1dF+.=$&'M &'7&>+j'8 __Z'C /5€'B&R&C
hm&'C W?=)5a^&'C =HD+?$/C?$&'*%G&C+ ?$&*%/c.,C+1&™,3+h&C+;&B&0+$&U+__?$&]+790&C
9''C o&''B&0+$&'''U Z'C?@+&'*%@+ž+V&'8 9'^ ;&'i5>+ž=/'O ;=$&'M E9'R &'5*+L.=)'R
`GH=+A(&.=&'''B&7+&'''F*/R+W%T'''C žm&'''8 ?$&''''F($/7&C+;9''^ E&''.)^e+.=@+A0&''.?$)8
_Z[+5BpkC+f&M+?T[.)U+A*)8?D+A*)0&.A0)*$$=+E%GH=&7
A(&.%@,+58+1EG+;&Ÿ+7)U+9C+E9R+__?$&a+5C&*+d+./B+ˆˆ&i58&MXX+@&C&U+9C+E9R+;T5U
?$&'a5C?@+A.)'(90+`$&'7 &'0 w&'* %T.&'3 E)0&'Ÿ7)U+ $/8&M+;&*D)C+9C+__ZC&*=&CZ(+h+,K
sA.%=&C
:u)0&''7H=+A''F.%@+&''8&0AC+`$&'''­ ?$/($&'0&*+P'B?@+dF+5(?,n)'U H,8&'U /'0?$+)'(
__`$?@+o9^+h9(+ˆˆA(&.%@&C&UXX+;&U+&F*/R+S`$?@+d39^+;&(?,n)U+$&7+&kŽ+5C
{`$?@+o9^+h9(+j8+AaB%+=&C+A(&.%@&C&U+;&U{

_5)…7%$+·7V%+:&.)\[7%$+&.%T…7%+T5i*+ˆ”Š! 2 9CX+?$%,B$/*+   
ˆˆ·7&'''UX+&'0 hm&'C _?$/a'i.H=+1`=e'5C?@+h&Y=&'B 9'C {Z'C 1·7&'U ˆˆA*V)'UXX+?$&'8V&C
h9^&''C o&''C ?$&''U =&''C&7+_Z''C ˆA.)''(90X+;)''']5M+P'5>+j'.%$@+Z'3?@+:Z'C ˆA.%=&'CX+;)']5M
_ˆ§X+&C+b&*+ˆ`X+&C+&(%$+:ˆˆZ.+1·7&UXX+Id5B$/*
 !"#'%&'()*+,- ”Š#

”
?T*&C=$/['B ;&*)'i5*+A'R 1h=&C+;$$+,C)U+1d[+5\C+E)aB+=9K+9C+$m)3+?$&O+=&C+&0
1fHT''*?D+;$$=&'''K&C+1E)0&(%=$/a'B?@+;&'~$&7+&'()kC+da'B?@+1h?T'C A'.,n+=$$@+9'C
__h&FC+E)53)^$@=$+%@&O?DH@
)'B)U+)C&'3?=+1h&'FC+$+—C1o=&'> E)'0?/5F+79>%@?e+5C+&'(/K+ ?$&.;=&¨&O&C+=&K&U
b)'''> ¯=&'''8 A*)0?/5*&''''K9C+&($&F''3&U+&''*/0+1h?@9''^ =&''C?$+E)0&''09+7)Ž+7)Y+&''*$&(
N ;$%+,'C%$@+A*)'8?D A*)'0?T*?$%/^+;&[+./'3 $&'7 ?$&.A39^+·.&0&C+&0+:?$&8&FC
;&'''*%$&U+;&''*)½aC+4.}*&''7 =&''M __h&''FC+E)\''5Y&7+A.)''CDHp>+1d''i5[C%@+E$%,''0 =9''K
;$/8&'M ?$&'U {he.,C+%@=&B&C+Aac.$&39^+L5[8+vB&C?@+f&M+E)\5Y+9C+E)a^/C
;$)'R %TF+5()0&'7 u)'0?T*?$%/^?+=9K+$)ka'B=&>+A'[5[5C+;%T.&'3&0+ &.%@?$&U+$)[+5>&7
?=$/'B &'7m/K+ $)5K+D$&B+b?$+)Y$&U+__ZŒ?@+E)5*)0?+,3+?D&8/K+@=&KAC+A*)Œ)U
_di5*?@H=+A+57+?$&*)5*)0?$V&0+;$$@=&>+=&B&C
Z'( h,'K A(&.%@,+58+1EG+;&Ÿ+7)U+9C+E9R+__?$&a+5C&*+d+./B+ˆˆ@&C&UXX+9C+E9R+;T5U
)(+sA.%=&C+?$&a+5C?@+A.)(90+`$&7&0+w&*+%T.&3+E)0&Ÿ+7)U+$/8&M+;&*D)C+9C+__ZC&*=&C
$&''7 &''kŽ+5C+:u)0&''7H=+A''F.%@+&''8&0AC+`$&''­ ?$/($&'''0&*+P'B?@+dF+5(?,n)'U H,8&'U
__`$?@+o9^+h9(+ˆˆA(&.%@&C&UXX+;&U+&F*/R+`$?@+d39^+;&(?,n)U
{`$?@+o9^+h9(+j8+AaB%+=&C+A(&.%@&C&U ;&U{

 
J&'*)*&(+__Z'C@,0+f&'M A[8&'7 &'*%T*?$%/^+A*)'[5M%@+;)C&['3 &'7 b&.?$,B+=&K&U
A50=&''€7&M+A[''3&R&C+?$&*%+=$/''B $)8&'''B &'a.$&FC+)'FC+=)'R)*+L5($&'F.=+?,+./0&'0
?$&''*)[+5M%@+;&F''B$,C+;)O)O&''C 1J)''M =&''K&U+:?$&'''*$$@=&K+A^=&'R&C+E)0?,+5a'B&U
f&''K&7+=&''K&U+:J)'''M %@%$@&'C A'i.=)0+;&'^)¥&R+b&.=&'B&7+b&'. 1z*&'F5>+&'8@,0
1&+79(&O&''3 1E%G&'M &'a5[+5\5C+)'( ;$?D+;@=&'* =&'B &'8?TC+`+,'n ?=9'8 %T*)'0?T*?$%/^
;$?D+&'''0 &'''.%@?$&U+$)[+5>&''''7 ;$/8&''M {?$&''*)Œ)U+AO)''( &''(%TC+`+,''n ,K)''U ;&''€ƒ0
;=&''B &''[.=?$%@+;$)(&'''C $=&'[5Ÿ+7/^+;&'3$+?D)'( ;,C?D&'C $&'.&*%T*?$%/^+AF+.@=&'*
_E)0&(%+=+$?D=&7+&a+.$&0?@+E)0&.;T*?$%/^+?=98
A''( h,''K A(&''.%@,+58+1EG+;&'Ÿ7)U+9'C E9'R :?$&'a5C&*+d+./'B @&'C&U+9'C E9'R ;T'5U
sA.%=&C+?$&a+5C?@+A.)(90+`$&7+&0+w&*+%T.&3+E)0&Ÿ+7)U+$/8&M+“&*D)C+9C:ZC&*=&C
 ”Št ./0'123'456+*67
$&7+&kŽ+5C+:u)0&+7H=+AF.%@+&8&0AC+`$&­+?$/($&0&*+PB?@+dF5(?,n)U+H+,8&U+)(
__`$?@+o9^+h9(+ˆˆA(&.%@&C&UXX+;&U+&F*/R+`$?@+d39^+;&(?,n)U
{`$?@+o9^+h9(+j8+AaB%+=&C+A(&.%@&C&U+;&U{

¡
__Z'''C 45*)'''8=?@$$%@+$/8&'''M ;?$%pK&''''0 d''39[C+4+5*)''8=?@+&.&''B)0+$&''7 =&''K&U
__h&''½…0&.+?$&''*@,0pC+$,K)''U __ ?$&''8&FC+4''5(+4''.}* $=$$@+1h&'''FC+e'.=@+da'B?@&0
_h&FC+&a+.$)U+E)0&a3+;/+.D@+1x*&3&O+__h?TC+4+57+A39^)*+1A39^
;&''''B)0&7+E)0&a''''3 %T'''''‡ ;).=?@&'''7 1w%T'''5n+E)'''5K+A0&'''.&ƒ.@=&K+j'''8 =&'''K&U
&''''7 ˆˆb&''''5./^XX+&''''0 &''''.%@?$&U+$)[+5>&''''7 ;$/8&'''''M h&'''FC+&'''a.$)U+%@&'''0&*)8=?@$%@
&'.&*)(%=)M&C+$&'7 o&'>%,^+__E9'^?@+o9'Y Z'> ;&'>%,^+ $&0)R+$&.&M+%@ˆˆE$/C&MXX
_)0?@+=&B&n&0+1¢.&0! &0&B)0
A'( h,'K A(&'.%@,+58+1EG+;&'Ÿ7)U+9'C E9'R :?$&'a5C&*+ d+./B+Ê@&C&UÊ+9C+E9R+;T5U
sA.%=&C+?$&a+5C?@+A.)(90+`$&7+&0+w&*+%T.&3+E)0&Ÿ+7)U+$/8&M+“&*D)C+9C+__ZC&*=&C
$&7+&kŽ+5C+:u)0&+7H=+AF.%@+&8&0AC+`$&­+?$/($&0&*+PB?@+dF+5(?,n)U+H+,8&U+)(
__`$?@+o9^+h9(+ˆˆA(&.%@&C&UXX+;&U+&F*/R+S`$?@+d39^+;&(?,n)U
{`$?@+o9^+h9(+j8+AaB%+=&C+WA(&.%@&C&U+;&U{

"
;=%@D&~+q>+%T3&7&~+$&7+`/C+d39^+ZC$/R+).=?@&7+AR=&M+$).=?@+j8+=&K&U
%T89^+Acn&*&7+E)0?$?=?DH@+b?$+j8+&0+__ZC)k*&Y+)]0&(&7+?$&5*)0?$%@=&K&C+&0+w
A7@+1Z[+5(?+,C+E)0&.Aa3&0+=).@)*+$=).@+;=)*&0+9C+h,kC+f&M+b&5539^
$)R=&C&7+²%=&O+%$@+%$&U+Id[+./.,ŸC+%T*)539^&7+&0+__)0+;@)3+&7++,>+L5*)0&*%$).=?@
A0&.%@$&8+;@&O+/+5*&7+)B$&U! )c>+h&0&.T*?/.&>+;&Ÿ+7&U+%$@+o?$&C+J?)C&B+$)8&*
1j+./3+A[()M+%T0&.%$@&C&7+ZC+=$$@+1ZC+b&.%@$&8+:?$&][5C?@+%@%=&M+,>+A[.=&C
WszC?$&aB%=+?$&i+5>9C+)C+h&0&+7@+?p>+;?@+_E)8?D
h,'K A(&'.%@,+58+1EG+&'Ÿ7)U+9'C E9R+:?$&a+5C&*+d+./B+ˆˆ@&C&UXX+9C+E9R+W=%$)M+;&U
sA.%=&C+?$&a+5C?@+A.)(90+`$&7+&0+w&*+%T.&3+E)0&Ÿ+7)U+$/8&M+“&*D)C+9C+:ZC&*=&…+5(
 !"#'%&'()*+,- ”«‹
$&7+&kŽ+5C+:u)0&+7H=+AF.%@+&8&0AC+`$&­+?$/($&0&*+PB?@+dF+5(?,n)U+H+,8&U+)(
__`$?@+o9^+h9(+ˆˆA(&.%@&C&UXX+;&U+&F*/R+`$?@+d39^+;&(?,n)U
{`$?@+o9^+h9(+j8+AaB%+=&C+WA(&.%@&C&U+;&U{

Š
&'']…($&0+?$&'U=&C&7+,'(=HD+=&'K&U+__+Z'C E%=&0)8&'B ;T['B&>+j'8 ;T['B&>+=&'K&U
j''8 ;&''>%,^+=&''K&U+__h=&''k.=)0+J$$+,''8D+$=&'''M$&K+;?$&*)'3$?=@+&'C &'F*/R+)8&'B
=&''C&7+?$&''U Z''C Em/'''K A'Ÿ7+/7&'> 1=)'Y z8&'B).+;D%+=$)'M 1Z'C E%T*&'^ A0&'.&>%,^
&''C ?T*&''C o&'''.;pk0&. $&'U &'0 __?pk0&'. %T[5*&'F5>+f&'K&7++AC@&'C AR=&'M &'.?$&U
_?$&.9^+=&8&7+ˆˆA.%/5M+o9^+XX+;@/^+A*@,0+A.%=+$&*)0)>
1Aa'B&^+$/8&'M ;?$&'*$/C+E$$+= 1;=)'F*%+=9K+ &7+za.,C+ˆˆZ.+1·7&UXX+?$&8V&C
/8&'M 14+.=&0)8&'B &'a5…C+4+5'3&7+$/8&'M $?$&'a5…C+ b$/B+4+5B=/O+$/8&M+Ib&.;+,R
_b&.?T[+7)C+&a+5…C+4+.pC
_&.%@&8&7+)U+ZC+ˆA.)(90+1A.%=&CX+;?$&U+;&0&.+AaB%=
A'( h,'K A(&'.%@,+58+1EG+;&'Ÿ7)U+ 9C+E9R+:?$&a+5C&*+d+./B+ˆˆ@&C&UXX+9C+E9R+;T5U
sA.%=&C+?$&a+5C?@+A.)(90+`$&7+&0+w&*+%T.&3+E)0&Ÿ+7)U+$/8&M+“&*D)C+9C+:ZC&*=&C
$&7+&kŽ+5C+:u)0&+7H=+AF.%@+&8&0AC+`$&­+?$/($&0&*+PB?@+dF+5(?,n)U+H+,8&U+)(
__`$?@+o9^+h9(+ˆˆA(&.%@&C&UXX+;&U+&F*/R+S`$?@+d39^+;&(?,n)U
{`$?@+o9^+h9(+j8+AaB%+=&C+A(&.%@&C&U+;&U{

«
&'''C __ ?$&'][+.$?+,C+?$&.A()8/'i0+&'C E)0&'*)Œ)U+$/8&'M ?$&8=&'B =$$G&'C =&'K&U
%T*)0&'.A0)*$$=+ %@$&8+A^)*&7+1J)M&0+__f)C+;&O&3+&8?TC+?$&†)0&*)Œ)U+;=)*&0
=&''C&7+;$/8&''M {w+E)''0?T[+7)C+;T*&''> ;%=%@+{%@+h9'''^ A.D%,n=&'B&7+$&'7&8+&'‚$&0
Z''C `$&''7 1Z''C ?,+5''7 __z''* ˆˆ$$=%/'''^ :$$=&'BXX+IZ'7?@+E)'0?T[+7)C+A.)*%@&'0 &'.?$&U
?,+.+=&''kC+E)'. ?$&'i5>+9'C H,'C ;&+7&0$/'B ;?$&'U =&'C&7+_&'0&+7%$&~+9'C A'(9^+A'cn&*
1ž=/''O &''ƒ5^+Aa''3$?+=+E@,0&''cO+&''5*+?$&''U S &'[5F.,yC+$&'0&8+&'cO+;T'5U+_?$%$@
Ws&*)0?+,R
_&*m9FB)*+1b$/B+ªH=+;V+9C+=&M+?$&a+5C?@+T[+ƒC+o{&(/K! &0
W&0&8+&cO+$&[+5F.,yC+=&M+;T5U{
A(&''.%@,+58+1EG+;&'Ÿ7)U+9'C E9'R :?$&'a5C&*+d+./'B ˆˆ@&'C&UXX+9'C E9'R W=%$)'M ;&'U
?$&'a5C?@+A.)'(90+`$&'7 &'0 w&'* %T.&'3 E)0&'Ÿ7)U+ $/8&M+“&*D)C 9C+:ZC&*=&C++A(+h+,K
sA.%=&C
 ”«! ./0'123'456+*67
$&7+&kŽ+5C+:u)0&+7H=+AF.%@+&8&0AC+`$&­+?$/($&0&*+PB?@+dF+5(?,n)U+H+,8&U+)(
__`$?@+o9^+h9(+ˆˆA(&.%@&C&UXX+;&U+&F*/R+S`$?@+d39^+;&(?,n)U
W`$?@+o9^+h9(+j8+AaB%+=&C+WA(&.%@&C&U+;&U{
" J/K+;%$)U+P3?@=?D

!"#$%&'()$*+,-.,/
0,.&"7$5+16

7$)(ZZ"$-2F[B'*A*B"(H*;>"A8(-*()*U0()23123*(=2W/>"(%*0(-*!Q*BT*/3(=02W*+(%*!*=A)(H*66
\O20(Q*B]"1023*^/3
(ZZ) ;(Z"$=W*01212W*0(ZH CZ- FZ8>"A8*S20AZ- +0031(Z' !ZT0A8()6*N*B"$Z=W*_**!Z-23*AM*H(Z-
;()(?QZ`=AT9:*(H()*;(Q`=0(T9:*0(%*9-*;/0*.\O20A-*/>=(E*20("$)("$-2F[B'*!8(=$Q*BT(H
\OC8$]-*!"$)("$-2F[B'*;20(?8$5*/>*BE*!=2W(-*(B"*a(=(MH9E(8*/3
b=0(ZZZZ% (ZZZZ=(5*!ZZZZMB:2Wc3*1$J31201(ZZZZE deAZZZZJ !ZZZZZBE*7$Q=(ZZZT 7$ZZZBM*=Gc166
/>B=/03(ZH (Z) VZ`B-*+("$Q=(ZT 0(ZH 1(Z5 .2003FZ) W$Z< !M*H(ZZ: 9-*R!8(=!"$-2F[B'!:2Wc3
SS0A-*;9:**1('(H*;()(=!"$-2F[B'*!K=>"/F'*;20(%*.3F'*>"20/A:*d!8AJ

/1/W
a fgh i .+003*!T(-*j*7$"$-2F[B'

!
 !"#'%&'()*+,- ”«”
!
! A,2M-$D!'-"NK!_$H`!F1

1x*)'''YV+%$&'''0 E@,0&'''*Z>+Aa'''B&M 1j.+=&'''€5(+%@%=%D+=&''''B&C+E)''k*)8+1Em)''B

_p3+;+=9R+&(H@,0+E).=&B&i+5>
=$$@+9''''C __$/…a'''i5*%@+;&0&($&F'''3&U+h?@=&'''C A0&'''*&0+=&'''B&7+%=%D+E)'''5F+.GH+=
__A[F'''''i>?@+;&'''*VH@+$&'''U ;&'''Fy+.=+;$$@+$=)'''8 ;DH@+$)R&'''C @,'''0?@+;)'''3)8&(
?$&''.9^+;?$&''*@,0pC&7+)M?$=&''M :J$&''0=?@+?$)'''.=?@+;=)*&'0 ;=&'> $&'7 L5F+5a'3
E)'55>+A8?@=&'C &'[()M+1@=%/'^?@+E).+=$/'B %@+;=$?@&'C ;&'09+7&M+ $=)8&Ÿ3)U+$/C—K
IJ/K
A'''57+1A'''(9^+;=)5a^&'''C A7%@$&'''U ?=)'''.@%$+s`/'''0 &'''a.+,C?@+J)''''k5*+%=%D+`=&''U
sA+.+=&K?@
%T''5(+d.=)5a^&''C A*%$+=?$)''R ;&''*)8?D$&U+__s;=?$&''a^&C+1j''8 W$/'M A'M IA'(/K
_d89^+A*)8,n+$=)0+;,K9M+)ac+5U+:$/R+=&B&C+@,0?@
9'''( ;&'''U __ZC%+=&''''K %,5''( ;&''0)R+A''R?@+&''B&0+$&''7 9''( IE)''5(/K+E)0?=?$&''*)Y
x*?+=+?$&.=&B&C+E)Œ)U+;$$+=+&0+?$&.;=)5^&C+A0&.&R).=?@+=&B&C+A*+4+.=?$)[3
s?$&(%TC
o?$&''U hm&''C __%@D)''B E)a''3)C+A''F5*T*%/y+.$+Aa''B%+=&CI+A'''(/K+?$&'*&^?@=?D&C
__Z'R)*+D&'…7&O+129>&'3&7+%@?$&*)'i0+ 1o,+5M&7+$&B=/O+h&0&.;=)5a^&C+&0+j*%D?@
sZF7?@+&]+5>+f)(+&ai+5[C+b?$+:?$&a+5C)*+d+790&7+1Z[R?@ f&M+Z>+dk*&(+&5*?$&U
@=?D+Ak*?+=&'''7 IJ/'K E)'55>+1E)F'i.$)C+f&'M ¦'57+$%@+E)'.?=$?@+h?$$@+;=)'Y 9'C
9'''C E)]0&'''.9M+:v'''39K+A+7)''''i.=+A''57?@+&''0 ?$&''a*)0?$/8+A''k*?+=+1J$)''0=}C+f&''M
s;$)F[^+)(9^+Aa^&C@&C&7+1;$—K+?$&+7)(+&ai+5[C&7+A[5C)*+;@&U+_?$/($&0=?@?$
hV+`+=9K&'.)[+5M+da'i5[C+ 1PnD+AB)C&0+AaB%=&C+IA(/K+?$&[5*&F+5>+&*)[+5M+9^&C
%@/5.&''K A0&''.?/58+$=&''C $/8&''M&7+?$%T''.$$+=+%@+j8&''7 ;?$&'''U __@,'0 d.=/F'3)*+$%@
d'cn&*1?$&()0?@+P'B&^+d'[./^+$&'U =&'M SZC+j./k*&M)C+d+5ƒkC?/+5(+=&M&0+_%@&U$$=
_)0?@+dO/*+%@;9^Ak*?@+ZC&7
 ”«  ./0'123'456+*67
A'57?@+A'57+9'( ;?$&U+IE)5(/K+$?$&*$/C+4.}*+E).9^+;?=$&K&7+9+7&M+$=)8+&Ÿ3)U
;&'0&0)>%$&M&C+1;$&FC=&'B %@&'0?D=&C+)5R&'C ;&'0)*D&~+H+,8&'U &.)U+hm&C+__&.)M?$
s;&FC+E).G+A(?D&7+&C+PB&M
__d+5'iFC+f&'M A.%D=&'C 9C+&.?$&7+hD%$+{H+,8&U+__E/+.}C?@+h)5ai5U+?=).@%$+IA(/K
D)''B 9''C d'''[.+,+.D+A'B&+790+A()€'B $@=)'B AC)'.)*+A[./k*&'M o?/'5U+&a'c.$Z>+hm&'C
_h&FC+E)0?D=&C+&F($/7+&C+o&Fi+5>+&ii^&C+$&U+`$&8?@+&F*/R+__E&FC
__?$&'(?$)8+Z*&'(&C+%$&'U Aa.@+E@,0+A.%=+A*)0?=?$&*)Y+14>H,(+&ai.&K+%=%D+&0
IA(/K+1A*%$+=+%@;9^+;=&C$=$?@+&C+$@,0+A0&.?}C+)Y$&U
)Y$&'''U__w+Z*&''''(&C+u%/aC)''( J,''K E@,''0 o&F''i5>+j./k*&''M &''C h$/*)''5C+&''.9C
;)k+7}*&'''''8&7+w=$$@+1h&'''FC+&'''cO+?$&'''F($/7+=&'''B&C+h9'''^ A8)0&'''C 1;D%,n=&'''B&C
_E)5*)0&+7?G)U+$=)kaB=&>
m%$+Z''> &'''7 =%D&'M &'C %,'i^&C?@+d'5>+;?$&'U @,'0?@+u@,'0 P^&'C9^+A'B)C+Z'()0
E%T5*)C=/O&''C ?=)0$&''U H,8&''U h&''0?@+?$&''U A''(%D+E9'''R &'(%$&0+__@,'0?@+h$+—C/'3=&>
Wsh=&C$)*
;=?$+j.+,+.D+AB&+790&7+$/C+d0?=&K+Pc.$+h&+7&(&3&R+9C+@,0+d[./k*&M+;%$%@&0
_j[5…C++N+A(?D&7+E?$&(?=D&&C+E)0?=?$&7&>+1=$+&+7/+5C+&0+__h,kC
_j'[5M?@+;=)0&'C %@)'.=?@+1A*)F'3$+ &7 E)0&5R$%=&0+@,0+h&3&R+j.q3)C+;%$%@
$/8&''M $&''F5r)C+__f?G)''U $=?$&''*)5K&7+`@+;&''» ;&''7&k*&Y+$&''7 &'''.Aa.,C+o)'5*@
Z'''R?@+jCZ'''C A0&'''.).=?@+?+,R&'''7 z'''5ƒC+E)''''. __`D)''*?@+?/''5>+A''i~?$+A0&''5R$%+=
;)5a''i5U+;&[''3&R+$&'''C :Z…a'B&C+%T'5(+E)'.?+=9>)U+x'*?+=+$)'k*?+=+A5'B)8+)M?=9Y&'0
,''> A*)\''5Y+h&''U 9''C E)''5*)0?+=9(+;&''*)5R$%=+$&''U &'''[C?@+)'( Z'[.G$=/C+E)'0?T*?$%/^
d''i5aB&C&8+_E&''FC+E)''.$%=+?$&'''*).&FyK+$?=$&'K&C+1E?T'C `,'n &.?=&8&'B $,.&'B&7
%@$&'U ;?$)'8 $ =%/C&'7 L5[8+_+AC+A.).=?@+E).+ZC+A*)F3$+)Y+&„H,8+A*)\5Y+)5*@&7
Ih&0?@+=%$)M+1he+.$)M?@+9C+A89^+;&[.+,+.D+?+=9(
ˆˆW?$&[C@)3/K+E)0&.A8?@)U+&^)*+;&U+XX
u%/'''''(?@+oV$&'''8&7+_Ee+.$)\'''C=?@+9'''C u)'''0?=%@+&'''Ÿ.,C+&.A'''B)8+$?$&[C@)'''3/K
E)5*)0?,r)U+1h?TC+E)./.,n+1h&FC+/+.}C+D&~+E)0&.A8?@)U+&.AB)8+&3&R+j.q0)R&C
 !"#'%&'()*+,- ”«¡
A'''3=&> %@V&''8&M&C+&''0 d.=)5a^&''C ;@/^&''7 &''.Aa.,C+o&.&''3&R+$&''U :h&''FC$%+=++N
A0&'.?=)8G+&'0 E?T'C *=&'B _%$)U=9^+)(+?$?=$/3)C+1Jm&M=9^+E%/+5*&7+=&M+_h&0?@
?$&''55(+1j'C?@+h&'0&.;=)5a^&C+A'*@,0+&'3&R+?,+5'n &'*).A8?@)U+&.A'B)8+$&'7 T*&'C?D
f&''''M j''8 Aa''B)U+9''C j''C?@+=)''R)*+%+=&''K%+=+E)''5K+=/O+&''7 h&0&''3&R+&''0 =&''M _j''5ƒK?@
9'C ?$&[C?@+T[+ƒC+P*)0&55>m$/O+;=%/.T*&C+?,n+;&*).AB)8+$&U+?=9Y+$&C+:?$&[+5iFC
$&U+=&M+h$/C+%T.&>+;&(?$&7+j8+:?@%}8?@)U+A*@,0$%=+;&i5>&0+b&5R$%=+;$%@+4.}*
:h?,O9UZ'C :h,ka'B)U+:h$/()'M 4'.=+:h?T['i50+Ij'8 :h%@+h9^+A*)0&^)*&7&0+h&5R$%+=
IA(/K+%Ti+5>&7+;&B&0+$&U+d[8+_h)aB98)8:hp…[3H=+:h?$?=&0+T[+ƒC
ˆˆA(9^&0+4+5B&0+&a5…C+J=&B&7+&ac.$Z>XX
4'.}*+h&'*%G)8)U+$&'U A*%$+=?$)R+j8+&F*/R+SE$&FC=&B+j8+;V9C+AF+7&^+)C+)ac+5U
)a'''i5M+hm&'''C __$/'''C L5a''''c./+5>+?T*&''R=&M+j*&''.&kC%+=+d[.D&''C%@+A()''0 ;?$&''*$/C
1j.)''U &''C ?$?G&''0 ;&''F($/7+E)C&''7 $?,+5''7 ?$&''U =&''C&7+__?$&''F7&^+/'''5*+&'8/.D&C&*%@
h%=)U;&'''.%,C)0+b?$+E)'''. __u%$+=?$)'''R w$%$+,''''C h%=)''U ''5M+;?$&''U Z''C 1?$&''F5[./U
_h/5+ƒY&^+?$&89^&C+`$&0)*+x[R+%T+5(+A0&.A*)C?,\58+5M+;&8%=)U+$&U+__$/RpC&7
)Y$&''U __?$?@,''0 @)''3/K+E)'5*)8?D+;?$)'8 %@+d8?@=&'C&7+u)'0?=).+,C+1ž$/*?=)'R
_sET*)>&O+L+58+&[…($&0+)F+.@=&C)K+;=&…+5B+jC&7+1ZC@,0+pC&7+E)5[8+ZC?@
?$&'U =&'C&7+__A8$$T*%=)'^ 1;=&'C &'(?$%@+ dai>+h/5B$/*+;?=)R+&7+@&C&U+;?$&U
;=)''. &''8$&FC+h9''^ 9'''C )'0?@+E)^=&'( 9'C u%$%,'n A0&'.?$)8+/F+7&'C :)'0)*+h$)'( &'k*&(
?$%+=+1d+.+=&''kC+f&'''M /50&'C h$%@+A(&'798+H+,8&'U &'0 J&'….)(&C+__;=)0&'>%,^+1E@,'F5>
__s)FC+AB)8?$%=+4>H,(+1&F($/7+=&c7+h$@=&8+&*)($/ac5C+;=&U+:h&FC+=&B&7+AB)8
?q''3)C Z'C 2%D+%@+h=&'B&C+Aa+5'3 f)~=&'M&C+__ZC&*)a+5'3 h&'0&.D%/^%@+&'3&*%$&7
1d+.+=&''''K f&''''M $D$&'''''B $@=?D+1E&'''‰ d0&'''> A.&a'''B&C+P'''B?@+1E)a'''B?$+;?$&'''7
w &*)'''B&0+$&'''U b?$+&'''0?=&K+h&'''* j'''8 _h$&''''FC+,0+?$&''.A*%$+=?$)R &''C %T*)0&''^)*&7
&'''7/7?@=&K+$&'''U ;Z'''7?@+__j'''50$$+,>?@+$?$&'''*9^?@+•=+%@+A*%$+=?$)'''R A*T*).)^&''7
J%@+%/'''^ A5y8&'O&C+)'*?@+?,'kC++N+d'./KXX+IZ'[579C?@+1Z'[5n,+7@+%T*)0&'7H@&7+E?DHp'>
_ˆˆ h,K?@
 ”«" ./0'123'456+*67
?$&'''*).=&…*%=&C&7+&''''F*/R+SE&''FC++N+d''ƒ5n+`D$)''U E)''.)*+&''*%pK$)(+$&''U ;&''*$/†
__h&0?@+Z>+AaB&M+?$&0$/*&7+E&FC+?+=$/( E).9^T*&R+__daB?$?@+?$&.;=&¨&O&C
N &''79M?@+$&'U j*%/()'* @&'C&U)(+j(/0&'* E)'.9^+A'79M?@+{%@H+,8&'7 1P'5C+u%D?@+o)'C
_E?TC
 ¡
z*%/a'3?@+:j.&'0)*+@&'C&U+9'C $)a'c5U+9'C &'cO+ ?$&†)0?@%@+=%=&O+1h9^&C+hm&C
$&''''U _&''i5>&7+E)''8e+.=@+=$$@+A0&''.?$)8+&''F*/R+j.$?,''cC+%@+E)''89^+A''k*?@++AC&''7
{?$/()'M $&'U Z'C?@+_+AC%$)'U $)0+=?D/K+%T5+5>+Z*%/(&*+=%/…+.=+&0+?$?=&C+&a+.@+?=)KGH=
%=%D+&'0 Z'C 4.$?+,8&'7&O+14'ƒ8++’H,'8 ZC?@+:&*D&8+A($&F+.=++AC&*+1ZC&M+__ZC+Z0
Ws)FC+%T+5(+;&+7)B+=%D&M+A.%$?+,*)8=&n
=&'M ZC?@&'0 h)'5[+7@+__&'5*+x'*,K+?$&'8V&C+Z'C=$$@+ )M?$=&M+?$?+,8&+7&O+$&U+=&K&U
$&''C P''i>+_da''B&C?@+E)0&''. ;@&''C&U+&'''(?+=&[C+&'C P'i>+?$?+=?$)'C h&'7 __?$?=&'C &'a5C
;&'B$/B+ $?$&(&*$/C+[O+%@+E)0&.)C+A*?e+5K+/+5*&7&0+daB&C?@+&*%G&0+&[.,+.@+1o)(
_E&0?@+b&.$/()M%@+1b&.$$@=$/C%=+$/8&M
;)''O)O+?$&'*%/+50+$&'U A*%T[+ƒC&'7 $&'*&F…+5>+J9'^ 9'C W$%}'^ f&'M j8&'7 ;=&'3 ;&'U
j.q'3)C+A'*@,0$%=+9'C ?$&'[5[C$%@+ 1?e+.$)\C+P*)0?+=9(+$&FC+&+7%$&~+J=—>+1ž$&(&C
:&'89^+A'Fƒ8+&'.%@+E)'55(+A0&'.AR=&M+ %@+E)0).=?@&C+&FC+J9^+H+,C+_A8?@)U+&55B)8
_&.&8&U+A*)8&(&C+A*)0%/^@&C+&5R$%=+;?$&U+__?+,C+f&M+A[8+9C+$?$?=&[yC+;$/8&M
9'C A'(9^+$p'y5*+?=&'FC+j'8 ;=)5a^&'C __H+,'C %@)'.=?@+A.)'*)>+&'C Wˆˆ&3&RXX+;&U
_?$&*)0&*%$)[C+?=&+ƒ+5\C%@
h)(&''C A0&.&''3&R+?=&''0AC+$&''[5FaC+P.$)[./k*&''M A''>9+7@+j.q[.p'''3 Wf@+;&'U
_Z[+.=D&8%@+;9^+%@=&[+5O9(+$}+.@+A(&0V&n+$m&C+;$)*&M&7
?$&]''i5>&7+E9''R WE)0).=?@&''7 ;)'''U _j+5'i0?@+&K9'B)U+j.q'7$/O+9'C u)0&˜=&'B
?$&'''.A*%=$/*+;$)k*&a'''i5R&C+&''''0 A(&''.)„H,8+;GH=+%$@&''7 ;)''U Ws?$&''[C&U+@)''3/K

I?$%,B$/*+ˆ”«‹ 2X+%@&0&.+AC?=&&7+  ¡
1Z'C  6-$7 j'8 ˆ)-89)$7X ZC?@+?$&8V&C+ˆˆ:901;<1;0=;">?@1;<1;0;)/)A)$7;BC>/;)DEXX
_u%D?@+A>)R+;&+7&M&C
 !"#'%&'()*+,- ”«Š
2&'''> %@$)'''BpK%@+=$/'''B ;9'''B)U&C+?$&8=&''''B =$$G&''7 L5()''8$+,0__Ws?$&''a50?,(?@
Ws`e+.$)M)*
;=&'''C 1j[+5M)'''* %@=&'''B&C+A'''.‘+57+E)0?=$&'''M ;T''''5U+__W@=&''KZC+A+7)8)''B&7+;)''U
_WsE,K)*

! *,Na

%@+;&0&($&F'3&U+h?@+;@=&'C)K+=&'B&7+%=%D+)'B)U+E%=)'Y :%@A.%$@+;GH=+A*).&C&7
1?D)''( A*&''8?@=%/^+&''0 ?$&''*V/^&U+%@;$?D&''C A''3&0+9+7&'''M $=)'8 &Ÿ'3)U+:P'i5*H=
%@V$V+h&C+;&0&*90+&[./k*&M+A09[(+%$@+)(+%=%D+&F*/R+__E&FC?@)8)U+?D)(+A[./k*&M
_?$?$/C@,0$‘C
&''.A*%$+,.?@+;@=$&''C _$/C?$&''*@,0pC+A''']O/*+$%@;&'0?D)0?$+=&'B&C+$/'C%@+;9'^
;@+AF+.=&…+5'B ?$&'.9^+ ;&0?=&…+5B+4.}*&7+WA*&R%=++,>/(/0+__;9^+A3&7+;=&…+5B
?$&'''.)*&>&7 $&'''.&0?=&k8/˜+D&'''8/(+?$?@,''''0 ;V+?$&*)a''B?$%+=&C __P''B&C+A+ƒO&''3
W?$)B?$%+=
&''''C @,''''0 N ;&''''0&*%/^+=&''''B A'''*@=%/^+E)'''5F+.GH=+$/C?$&'''U IA(&'''.9^+:Z+7&'''C
:j''R?@+;T0&'''.&7+$/8&'M E)0&a'3XX+IJ/'K ;?@&'0 %@?@+A+7&'8&(+;&'*?@+$?$&'3&C$$@
1Z'C =&'[5F[^+ ;=?Tk*)O+AF+5a3+A.)*%@&0+:ZC+j(,k+7&M+?/+5>+f90+A*)53+&5*+4+5a3
$&'''7 &'''5y+7)n+h&'''U ;=)'''c^$=++N?$+_&'''.)*)8ZC+L'''. {E$/C&'''M ! %$&''''U Z''C ?T[''3/0
&''F*/R+SP''i5*++N+A''B,(+$/''C?$?@=$+A''57+%=%D+?T*?$&''U =&''M :$/'''C %=9K?$&8?@=&'B
_?$?T[+./^+?$&.$)R$+,R&C+A8$$@&C+;&*)i5*
:?$&.+,'B ;9'^ ;$)R/8?@+AaB?@&€7&C+?$%+=&K+%=%D+A+7@&7+AR+A*%D+&0?=&k8/˜
:?$&a+.+,'''B A'''C ?$/a'''B&C+A+ƒO&'''3 ?$&'''.$)R/8?@+=&'''B&C+;?$&''''U Z''C A0?=&''K b?$
$@,0+E).&O$&(+:?$&*$/C+=/+5M+&($/Y&C+)Y$&U+:?$&.+,B+;9^+;$$=+o%=%D+g.T8&M
IA(/K+%=%D
 ”«« ./0'123'456+*67
ZC1j(V&'''M 4'''3$+1A'''Fy5ƒ^+;?=)C&''''7 =&''C&^+o9''^ A0)''0 AC&''* $T*)''8 ;)''U
oH+,8&''U :Z''…(,K=?$+PF+.@$/''B &''.&*%$&7+su%/''58+&'''a.$/C+&'0 &'(pC&7+W?$&'.AF+7&0
_di5[C%@+?$&a0&(&7+)C+h%/5M+o9^+;p>&0+L5[8+:&i5[C%@+?$&8&0&*%/^+=).@&C
o9''^ 1;@)''3 ;9($&''U AF+.p''> &'''.%$+P+7).&'^ IA'(/K+?$&*%@)C=&'B&C+=&'k8/˜
_Z+7/O?@+f&M+N+P5.%/5M
?T'[5M+ ?$&*)F($/7+h&U+=&B&C+P5*)8@)3 A*)8?D+:AC$/C+4+5*9R=&M+9(+f)~+=&M&C
_)0?@++5>%=+J&0&.+Aa3&0+E%=9C+`=?@&O+;%$@+SZ*&.)^)*
=%/'''R =&'M&7+A'(/K+=&'k8/˜+sh,kC)*&'> N A'89^+u%/'(?@+&'.)U+IA'(/K+%=%D+;T'5U
?$&'''[C?@+T'[ƒC+E?@?@+•%D$+?$&*)'c>+Z'C 1E?@?@+J&'0?/+50+;H=)8&'K E)0&79>&'3 ?$V
?$&''[C?@+&''*)F($/7+h&'''U ;&'^&.+$&a'B?@+E)'0?=%D)U+1Aa^&'C@&C+N9>&'3 Z8&'0 ;%$@
_j7+)8?@+E)(%=+?$&5a3&01J9^&C+)Y$&U
! W?$&.)8+x*?@+ZC+%=%D+?$&*)8+=/B+=&B&C{
1h9'K ;=/'M/0,*+ __Aac5C)*+4+5a3+5M+)ac+5U+?$&U+I?$?@,0Z>+AaB?@+=&k8/˜
WsP+./K&7+E?@)*+E)0&*%$)[C
1J)''''M?@+__P'''c5C+;=$$@+1%=$$@+A'''F5k*?@ :$/'''C ³m/'''O `/'''K $)'''B&>&~+%=%D
1N&'K '5M+$/'R?@+?$&'7 :?$&a'B9O+ E).?@+E)0&O?DH@+1fHT*?D+;&+7&.%D+:?$&.%+,C?@&*
Ws?$&(%TC+A($/O+$?$&a+5+ƒ+5\C+&()B&K=&8+?=%$)M+?=9Y+$&U+ZC+A*%/(+;&*+b&.&O?DH@
458$@=&'8 &'557+d'./K+W%D&'K h$$@&'C ;&'M Z7&'C I;T*%+=&*+%@&0?=&k8/˜+=&B&C
)''.,n+&'''C h=)'0 j'8 hm&'C __Z'…()M+?$&*)a'cF.=)(+;).=?@&'7 Z'C?@+__)'0?@+)'.,n+;=%$)'M
s&5R+ZC+%,B$/*+h?=)R&7&0+)(&^%$@+&*%}C+;?@+)U+__Ws&5R+4+7&^+A[($&0
;e'.=+=&'B A7@+%@+E)539^&7+&.A*)C?,\58+?$&U+:+A+7&C+IA(/K+%@+hm?$&7+=&k8/˜
_?$&M)*/K+$&U+&8&^+PC+h$/()M+?$&U+9C+I;T*%/.,O+1E%@%$&~+AaB?@+:@,0
WZC+?$&*)F.}*+$&7+$/R?@?$&7+=&[+5O9(+A0&.&+7&.%D&C+$/C+&0&k*?@+,+5^&*
_&''.9(+;$$+= $?=&''C &''0?=%$)M+s&'''5*++N+P'./K+?$&'U W%=%D+I&'.%@+A+7&'M &'0?=&k8/˜
_Za.&K+;&*+1ZyC+PB?@&7+P()0+&.&*%$&7+__?=?$+;?@+:?=?$+&(%$&0
•&'7 ;?@%p'U 1P'c.$+@,'0 A.?D,>&'3&C+Aa'B&M+ hm&C+_J,K%=+;9^+Ak*?@ ZC&C
s)FC+dk*)C+?$?=$$@$&7+ZC+Z0+ZC?@+AB,>+?$&.A+7@$$@&C+_)FC
 !"#'%&'()*+,- ”«#
E%D&''* N A''(9^+A''R ;)>&''7 ;T''5U+:A''B)*+;?@+J9''^ 9''( I=&'k8/˜ ?$&*)'c.@
_A+5C+;).,n&C+)0?@++N+J=%$)M+$&.+V)C+A„H,8+?$&U+__s;&0?@
s)0?@+AR+;%$%@+?,+57+m)C+A„H,8+;=&U+__`$?@+j8&7+AR+I?$&[.D=&7&C+%=%D
{WW%+=&K+&O?=)U+=&B+A3&7+$/8&M+;T5U{
%@&0&+7)R=&''''B&C+hm&'''''C :%@&'''* %=%D+A'''*%G+&+ƒ'''3&C+A'''./K+'''5M+=&'''k8/˜+AR&'''0
$T*)^=&'R=?$+Aa'i>+;T'5U+ :&()8/i0+?$&.A.m$/O+&7&0+Pi+5M%=+A+./K+$?$&.A8&R
A5>+?$&[509+7?}0+AF+5k*?@&C+S`D=&7?T+7&M+$?$)aB?$+;9^ A5Y&7+%$=&M+A[5C+;%=%D
IJ/K
;&'''0?@+D&'~ =&'K&U+:)'FC+)8&'B %@;=)5a^&'C&7+;?$)'5>+$&'U 9'( `$&'0)*=?@+9'C h%$
d8?@=&'C&7+)a'c5U+ ?$&a0&.++=/K/8=&K+$/8&M&C+=&K&U+:;$?D+=&B+?=?$&0&8+$&FC)8&B
?$&'(9^+A*%=&'8)0&C+%@+h$@=&'8 /5*&'7 A'C ž&'0 z.%$@+9(+h&0)*%$+,C+)8&B+&.$&FC+%@
;=)5a^&'''C z'.%$@+;?$&'U ;)8&'(&C+ZC%+=&'k7&M+?$&'*)F($/7+$&'C 450&'. 1P'5C+_;D)'[C
$?=)'''¬8+$&'''U =&'''B&C+)5*&'''( __f)'''8/+50+&''''a.$&0?@+A.%+=9^&''C ?$&''U Z[+5\''C P''B?@&C
;&''B 9'C _&.?$&*@=)'39^&7+E).D&'~ E&'*%$&U+;&K=)'3&~+&'0 `$&'0?@+%@&*)($&F'3&U
$?$$@,''0=9K+E)'''.9^+%@&*)'B&0+$&'U /5*&'7 &'.)U+_&'5*+%@&'*%=&C$=$?@+$&'7 L.=)5a^&'C
&''.)U+__Ws`,''0?@+E%$+=?$)''R A*%=&''8)0+EˆTC)''X+E)a''B=&>+z''i*+P'''B9>+E)5'3&*%$&U
9''''C %@+E)0?=)5a^&''C &''K=$$@+&''7 $%@+E)''0).=?@+;/.@&''* A*%=$$@&''7 )''0?@+P''c.$Z>
_sDHT.&>+&[.$&FC+A*%=&8)0
o&'''8&U&C+h=)'0 Z'C j'(,K+f&'M ?/'5>+29'0 A*)5'3 AC&'* 45a'3 %@ˆE$/C&'MX+&'7 &'0
AF+.=)'''0 E)5*%+=&'K N ;T'5U+jC/.@&'* %@?=?$&'*$/C+h&'7 E)0?=)5a^&'C &'K=$$@+&'0 __&'5*
_&.?@$/MZC
?$&k[''''''B&7+;&'''''8,>+%$@+$)[+5MA*)0&'''''cO&C+A.)'''''(90+=&'''''k8/˜+;?$&'''''U ;%$@
1Z''yC=?@+?$&''.A.)F.=)(&7+4+5''B&0+A[''3&R+&''C $/''C %/''5M+o9'''^ %=%D+P'i.$)M=?@
IA(/K$%@=?$+Ai.=&7+AaB?@+1A*&R%+=+;T5U+__?$&()FC+A.)0)*$$=+9C+o?$)C
Su%D?@++N+;q3)C+9(&7+j8+__ˆˆ)*XX+=)Y+b&.+$=%D&M%
 ”«t ./0'123'456+*67
;&F7$@=&'B ;&'M &'C x'*?@+Z'C __E)'.9^+A[+./'3&7+E%$=&'M E)0?=)5a^&C+&K=$$@
:A[+.=)''''C ;?@+%@ E).&''''C ;&''''*&^?@=?D+=&''''B&C+AF+.=$&''''M &''''7&>+9'''''( W=%$)M&'''C h?@
_w?@+=$$@&C+P+57+1d[+50&(?@%@+E)589^&7+hm&C+h@,0+E).+=&(+P*)0&Fc+58,n
=$/''B ?=)''0 h&''7 P''i.=&B+__sh&''0?@+%@+b&'''(&7+J&'7&8)8+&'0)R&C+A[5…8)'* ;@&'U
_A*%/58+%@+j8+;$?+,8&+7&O+&7+9(+&F*/R+SZ[+58&*
m)'C A„H,8)(+h&0?@+f&M Z(+ˆˆ).,nXX+Ak*?@+;?$)R=&B+$?=&C+%@&+7&k*&Y+h&7+$&U
%@+h9''^ ;$?+,8&''7&O+&''7 j''8 __Z''…()M+o$/''( %T*)''0?T*+=@+/+5*&'''7 &'.&*%$&7+:?$&'8DHTC
_&.?T*+=@++,>+d3&0&(m$+__AC&*+E).D+A3$/(+h&0?@+;=)K}+.=)>
9'( W%=%D+IA(/K+1z*&F+5>+;)O)O+&.%@+=&k8/˜+$/C%@&*+;9^&C+A*)0&(+%=%D+)ai+5M
hm&''C sA*)'*$%+=+?T'*=@+AF.=&'^ __?$&'a.DTC++N+9'^ &'a0=&K+?$&'U __;D)'…[.9U+%$+=&'M
&0&($&F'3&U+?$&'a5.=&K?@+Z'()0+ A[5C?@+S)^)*+PB?@?$+PF+.@$/B++J&0&*@,0%+=
Wsh$/ai5*H=+AŸ3&8=%/R+%T5+5(+ž=/O+AF+.=%@&*e57+b?$+A[5C+h?@+__;$$@,F($?D++N
IJ/K+A+5>+Pi.H+=?@+f&k*&Y+$?=&C+%=%D&0
9(+&F*/R+SZC+9(+9C+L.$&U)C+&.%@+h&0?=)¬8&7+AR=&M+_ZC+)M?$+)C+&0?=&K+P*9R
4'''5FR+%@+h&'''0?=)¬8&7+=&'''K&U+W&'''89(+f&''''K&7+=&''0 f9''C &''79C+A''R=$+__A''[8+A''*%/58
h&''0Z>+A''a*$$=?@+;$m)''( /0?$)''( ?$&a5''c57AC+A''*%/(?@+J$&'''0 P'B?@+P[./k*&'M
__x*&'M)U+1hD&'C &'[.&0+;?@+?$H+,8&'U A*$/C+=&'€5(+;&'*9C&C+%@&'.?=%/+5U+ h&7+?$&a.&FC
b?$+d''[5…(?@+_;&''0?@+d.=%T''3&C+%@)8&'''B 1A'*%=9K+&'7 p…['3H=+A'F5R=$+b?$+o9'(
;)k+.+=&'''C H,'''C p>&'''R=$+;&''''U &''(%$&0+SA[+5''3?$?@%=+J=&''B :A[+5a''B%+=&*+u)0&''cO
_h9^+9C+dF+.=&k8/˜+L5[8+&*%}iC+hm&C+__?$&(9^
" J/K+;%$)U+%=%D

! ."*?*1!//"!b$%$L!@%2Jc%
!
AF+5()&''B :%@+=)''Y &''*?$?@&C+@,''0 ;9''^ $&''0?G&0+@&''O &''.%@+%=%D+&'''0 %@&'()0$&7
E)''5Y)(+$=&''B )''3)>+$$@+%$&''U IA[5C&''0 :`+=&''()M+;,.&'''B AF+5*%$=)'0 $/CT*).)^&'*
 !"#'%&'()*+,- ”#‹
E).9^=&C+&(?$%@+?$?=)C&C+E)5F+.=&0+$?$/aB&C++N+E)55*%$&^=&U+A[+5ai>+$=&B&(?$)*
sj+.+=&''kC+A''R9C+&.)''3)>+$$@+h&''U %T'[8+;&'[58?D&7+Z'C?@+IA'(/K+%T'.9^+A+7@&'7 %=%D+_
)Y$&'U S?$?$/C+4.}*++N+;&0&*%$=)0+)(+%@)*&>+;9^+%T0&.&ƒ5O&R?=)R+&0+=@+jC&7+%,+5^
%$&''U W &.?=&8&''B $,.&''B AF+5a'''3 Aa'B%=&C+I=/(?=/(&'C @,'0 Aa'B?@+?$&'.9^+=&'C&7
Wsh$)R=&C+&a+.@+=&0+b&.+AR&0+&.)3)>+$$@+&0&*%$=)0+h?@?@+*=&B
:?$&''''.%@?}0+&''k*?@+$&''U A[+./''3 9''C E)''.=$)U+1E)a''B?$+E)0)''3)>+?$&''[5*&F+5>&C
Z'''( %@f@&'''C &*)''''i.T*&U+$p''C ?=9''Y $&''U &'']5U+;V&''7 IA''(/K+P''B%+=&aB?@+;)''3)>
_`+°C+E).=?@+&5*+9($&U+AF+5B&0+hm&C+__E+=&>?@
IA(/K+$T*)0&a+7&M+AF+5*)3+L5>&R+&aB?@+;)3)>
e58&'7 1A'C b&'.&*%/+.@+__Z'C 45[5'i*+J?/+7&'^ __Z'C 45*%/3+&0?=&0&cO+&.&*%$&7
?$&'7&890&7+E%+,'C%@+;9M&'C E&a–+7)>+;&*)a3$?+=+$&U+_ZC).G+%@?@=&C+$=%@+h&U+/+5*&7+ZC
_jC?@+©%,^
&a'3$?+=+A'B)C+IA'(/K+J$&'0=).@+?/'5>+A0)[8&'^ ;&*)'i5*+ &0+E).&0+;)3)>+$&U
ZY&''C E)''89^++=&''8&7+;&''0&MH,K+E)0&''a–+7)>+&a'''3$?=+$)(&'7 ;&'U W;&'0?@+E)0&'a–+7)>
/5*&'''7 ;?$&''7 ?q''3)C+j''.eC+%T*)0&[5''i*+J?/+7&''^ 1&''ƒ.$+&*%/''3 /5*&''7 __sP''i5M&*
o&'0$$+=&C+$?$$T*)'i^?+=+E)'.9^+%$+Aa'3 1,.D&'C E%$&'U Sj'.eC+ %T*)89^+;&0&MH,K
AF+.@$/''B  E&'B?=+;@%G&'* 1P'i>+`=&'U _?$%@+ž$/7/'B)(+E).&'*DH=@+?=)'c^$$=
&'*90&C+E).&'0&[+./^+ ;$%$&(+&C+1jC$)3?$%@+E&0?@?/+5>+A+7)i5n+;&*%$&U+1P+5C+&.&M
_ZC%@=?/+5(+E)5aB?@+L5*)0&8)n&*+&Fi.}>+1ZC$/C+©%,^+:A39^&*
1;,K%+=9^&''C &''F*/R+?,(T[''B&>+E%/8&''M&7+²)'''B ;=)'5($/Y+%@&'F7&^+$&'U /5*&'7
_?qB$/8)*&C+$,(T*&89F3+h$@=&8+A*)0?=9Y+$/8&M&7+%@&*)8?D+h&7+?$&.A+79(+1T*/(
E%=)'''5($/Y+A''[5R+&''0 A(&''.9^+A''5Y+:&''7&890+A''B)^ &''*)8?D+h&''U ;=)''5($/Y
{d+5(&'7&^)[+7&M+A'5>+%$@&'C o)a'c5U+&'7{ZC%$?+,*)8=&''n f&K&7+&0+hm&C+:+AC%$?+,*)8=&n
1b&'†@&C+$=)ka'B=&>+1g.TO&'7 &0&.&+7&F+5(+1E)0&[5R+$/8&M+;?=$/>)U+&7+&55a.,C
&.&(&8)'''''3&~+$&''''U A''''*%D?@+%$+?$&''''a5C?@+@=$+A''''57+&''''0 :&''''0&7/Y+1+¢r)''''C $%@&''''K
_?$&(&*$$@,0+;90+ª$/* ;&0&.Aa3&0
 ”#! ./0'123'456+*67
&'7 &'55a.,C+&'*)]5*+ $&*)8&M+;?$&U+:j.=&C+A*)0&*%/Y+&a.=&*+;$)*+?$&F+5+7)~++&C
E)]a''c.$+_?$$@,'''0 o98%=&'n E)'8}+.=+;)'*)8+{E)8$/8&'M 1;=)0&'>%,^+1A.)'8)>$$=
&''0 `°''C &7&K&''B $&''U ;$)R&'''7 E)'8$)R+;T'5U+j.&'FC%=+&'*)8&U+A8&Y=&'B P'B?@&7
_&.&€+ƒR+1A09[R$)R+;&a3/0+$&.?T5+ƒO+;,r)U
j.$%@&C+?$/()M++N+E)8%$+:z*DH=@+o&]+5U+&F*/R+S?$&8&0?@+}+5C+;$%$&(&C+)ac+5U
&'''*)8?D+&'''0 z[+5'''3?$?@%+=+E)'''89^+E)'''†%$)C+A*)0&5.}+5…*)a.&'''3 %$&''''0 ;?$&''*%@=&C
$D)'''…ƒ5n+&'''7&890+/0?$)'''( j.&''''0?@+,r)''U E)''89^+j.=&''n)U+&*)''i5*&C+__A*$$T*)''F79>
A˜%D)O+$@$/B&C+&0+j.?TC+&.&aB?@+$&U+;?T.=).+1j.&FC+h)B=&B+Z>+E)5*)0&8)n&*
_E&0?@+&+7&8)8+%TF+.=%T(m&B?@+$/8&M+f&K&7+?D%T*&U+ZC
&'']5U+E$/a''i.H=+;=&'''B&7 E%$&'U A'R &a'c.$Z>+:z'* =?$=&'B $%=%@+h&'0&.+&']5U
E)''8D%$+_j''.$/C+,8+?$&''*%@+/''.,n+$+;D)…+ƒ+5n&'C 1j'.$/C+J&0&'3 Aa'B%=&C+:zC&'* )'M?$
V?$&''( o&''*%=?$&*)Y$+,Y+$&''7 __j'''.$/C+J$/7&'CV+E)0&'5R?$%G)U&7+__?$)'[5M+EV&'K&7
;@=)'B9C+1b$$+,'R9C+ PB?@&7+;T5U+__E$/(,K+%T*)0&8&+7&O+=&B&C+E)5aB?@&0+j.$/C
Ak[''B&7+&''0 @,''0 E)''8%+=+&*%+,C&''B)*&M+$&''U P''B?@&7+@,'''0 E)'8%=+E)0&'*)0$$@+1E)'^
_E&0?@+?=&r=&r+%Ti390+A*)0?=%$&+790
_WEV&K+/+5*+A*)K?T[.D+ZC&*+@).D&C+b?@
__W?$&7&K+A.%=&C+&*$&0?@+;&*%$&U+=&B&C++=/O
Ws?$&*).=&B&C+&5R PO&M+A*%D?@+AR&C+E).)3)>+?$&U
IA(/K+©&R+&aB?@+;)3)>
A5(&''''''C9*+Wh9''''^ ;%,''''C "?$&''''a.$%T+7&M++N+;=&''''B J&''''0?@=?@+&''''*90+?=)''''.@%$
&''7 A''./K++AC&''M 45'''B&0+%@?$)'* h&'7 &'5*+?$&'7 J)'K)U+hm&'C :?$/()'M N J?$&'*@,0}+5C
_ZC$/C+E)†)0&cO
&''()M+E)''557+)Y$&''U :$/…a''c5C+A''i5*)0)3)>+;9'''K/a–K+1`=?@+&'()M+&'B9C&7+%=%D
IA(/K+1Zi+5>
;$)''* &''0&.%,C)0+j''C$/C+f@&''C A*)a*)0&''cO+1Z''…(,K+?/+5U&''7 A'''./K+;&'B&0+$&'U
Id+5+7?@+&0+h&.%=%D+$&U+L5[8+:&.%=%D
ˆˆWsZC&M+E)5F+5^&.)C++E).)3)>+ZC?@+;T5UXX
 !"#'%&'()*+,- ”#”
WZ'i^&C+w+1+AC&'*V)0&C+h&'0&.+A'39^+)'C &'(%$&0+ :&8$/(/K+=&C?$&7+J/K+E)a5R
_?$&ac5C+h?/+5U&7+/K+L5>$&8&7+;?$&U+&F*/R+h+,C)*+;=?@+;=)Y+1&|@)3+;&.)8
;)8&'(&C+$&'*)a5R+;&'[8+)Y$&'U :E%@+m&'B?@+,+.G&'7 1E%T[8+A(m$&7+?/+5U+)ac+5U
_d+.+=&K?@+m)C+A„H,8&7+j8+__d+7%@$&U+;9C+j8&0+?$&a+5C+;DH@+E)(?$&U+&5*=$$@+szR
%,F'3)U+E)8&'0?=)0+?D)'( WH+=&.&U+IE)5(/K+$%T*).9^+Ak[B&C+E).%@+)3)>+;&($/Y
@=&'8&C+;&']5U&0+A'*%D+P'3&.9M+$&'C :A'ΠP*)']7@+A^)'* J&.&'cO+ h&C+W%,C)0+_$/C
)''3)>+;&']5U+&'7&0+;&'„H,8+$&'U _j.$&'0?@+%@+V)'C A'„H,8+=&'B&C+)'( j'.H+=?@+__?$$@,'C
;)a'''B98)8+D=&'C A'„H,8+&a'c.$Z>+&'F*/R+S?$$@=$)'M 9'C E)¨?=&'0 h&'U __?,(%}0)'>
_ZC+D=&C
;=&'>$&U+E$/C&'* 2&'k8$@=&8+ ;%}0)>+$?@=%e…+7&M+&7+%$?+,*)8=&n+;&aB?@+1J)M&0
=)''''C$=)0+Sj[+5a''B?@?=&>+;T[''B&>)*+1A''*DH=@+SZ''*?@+?D9O)''O &''7 z''8?D+J)''B&K=&8
__Z0D9+7)U?@+1ZR?@=?@+;9^+;=?$&(&7
1b&'7HD&7+Z'ƒC+9'( __E$/C%T.&'> 2&'k8$@=&8+ ;=%$&7+$&(/O&7+E)0?=%@=&B+1J)M&0
?$&'()0?@+'[O+;9'^ L50&.?@%+=&C+__?$&()0?@+[O ;9^+2&K+j()\F+5>+?$&(&*+A+7?G)U
IZ+7?@+&0+;9^+Ak*?@+Aac5C+`/K+&()0+J?@
ˆˆA(&.%T[B&>+$T[B&>+;%}0)>+d[8=&M+XX
V&'7 E)'.)M$)U+ A.)*%@+$T*&>+?=9Y+L5*)0)3)>+__sPc5C+d5R+?$&U+I;T*%/.,O+%=%D
h&'''U ;)Î&''''U&C %$@$&''8&7+:T''*%G$$=$+E)''5[8+;?,M&''C &''*)(/K+$&''U Aa''B%=&C+Ws&''.&M
)['''3)U+A'5>+E).&'Fy+./K+h$@=&'8 ;&'[.=HD+&'3&*%$&7+:?$&'†9M?@+b&'.&R=)>+&'.?,M&C
WEe+.=@+&0+?$&(H@,C+h9^pC&7+h&*)5+./K+$&U+A.%=&8+?$&*)8?D+,+.@&7+hm&C+_ZC&*
IA(/K+o%=%D+:;T*%+=?D+! `°C=?@+A.%D?+=)*+b?$+{&0?=&0
:%@?D)( ;$$e+58+A+7)B+h&0&.&7+:%@&*)8?D+$&7Ê
:@,0+;=%$)M+E%T+7&M+;&8+ZC&C+E)5[5i+5>+;T*?$%/^Ê
IA(/K+;T5U+
W©%,^+$@&C+³H@$=)C+__=)B+&0)^+:;?$XX
&.)8+=&*%@+E)\5Y+)ac+5U+L+5>+W&0&.A(&.)8}*+Ê
_?$&*)k+7)R+?=9Y+h&U
 ”#  ./0'123'456+*67
__b&.A*%D9B&C+$/C+)8H=
A7?G)U+;&ƒ>+&ai.&K+:+;$&*%@+?T[+5M+A3&0?=&c.&OÊ
Êb&5.@$/M&.+&C$/C+:o&0?T*?$%/^ J&*)*&(Ê

”
:A''(/K+P''B%+=+&a''B?@+;)''3)>+:@,'''0 T*&'B&>+E)'.%=%D+;&0?@$$,'B )'3)>+&'($/Y
&'''F*/R+:j''.$/C+9''( A''3$/(+1J,''K E)''8)k+.=+A''ƒ8+%@?,+5U&''C&0+$/''C E)''89^+Aa^&''C
•?@+Ij'''.$%@+E)'''i5>+E)'''.9(+;&'''[.$+E)''''.9^+A''cn&*+;&''[.$)U+=&''B&7+P*)0?D&''~)*
?$/''C A[R&''> A'']5C+1ž,''( __?$&''.)Fƒ5~?@+)''O)O+?$&''.;=&¨&O&C+;$/'C 45*)a.&'3
=&''B&C+1j[+50&''(%=+E)8$)*&''M )''( z''Œ E)''5./K+P*)''0?p…+.=+$&''($+hm&''C __?$&'*)]+7@
&.$/…a''c^+)''B$&U+J&''0&*D$/8=+?$)''R/8?@+;)]5''B&0+j''C f%D+%T*)8&'''0&]5C+1ž,'(
I&''($/(/K+&''0 ;&''B&0+$&''U 9''( _j.&''kC+J=%T.@&'''C )'( `= &'[5($&0+)Y$&'U _?$&'*)]+7@
A*T*)'Bpk+7&M+9'C b&'.9M+&'a5C?@&0+`/'C o9^+&Y=&8+$&C+E)8+ˆˆAa3)UXX+&ac.$Z>
A*T*)a''''B?$++=&'''''3&7+ZCq'''3)C+?$V&'''C E)'''(?$)8+J=/'''0 Aa'''3)U+__E)'''0?D)(+&'''k*&Y
ˆˆ?$)8e+.=@
&'0 ?$$@,0&'* ;&'0,0+?$&'k*&Y+;ˆ&'.)UX+ T*&…*)i5*&C+%$)U+;@+AF+5B&0+9(+L+5>
PiK+;&*)0)>+%Tk*&Y&7+o)C+AaB&C&8+:A(&.%D)U+&()K)*+b&.&0)R+5MXX+I+&($/8=&n
_ˆˆ)0?@+b&.9M
%@+E)†)0?=)8?@&'7 E%p>)C+A[+./^+Pc5C+E)‚&0&.Ak*&Y+?@$/8=&n+&0+W%=%D+;&U
1P''c5C+;=)M&''C ;?$,'''B $&'€R+?T*?$&'U =&'M ;&C%=&'3 &'*90+$&'U A['3&R&C+)'39Y
?$$@,''0 E)''.G+&''7 E)5(?D&''7 &''()0 $&'''U E)'†%p>)C+:%@&'U œ'7/O+%T*)0&'k*@&7+A($)k*&'U
j'./^+%T*m)'ÌF+5(+&'7 ;&'*%=)8+?D=/'K $&'U b?$+:j'C$/C+&'^&.+ $&aB?@+%T()C&^+;+=90&7
x*&''Y __?$/''C$%,0++¢'''.$+A'F.=$/*+%T*%$)'C ;$)'R &'7 Aa'3)U+;=9'^ A7&'C __j'[5F(?@
_?$/C+A.%/c.=+AƒY=&B+E%$&U+9C+L5*&.)^+e+.=@+A[(,K%=
;=%/''.@+@&''O&C+e''5(+;p''( 1h=+&''*)./5[5C&0+?$)'''i5F+7&M+E)'5^)U+E)†%$)C&'0 ;)'U
:?$&(&*$/C+=+93+E).9^+9C+%T*)0&F390
 !"#'%&'()*+,- ”#¡
ˆˆ@,0?@+E)0&8+=?=&B+Aa+./[5(&C+E)5aB&M+%+,*).9^+;$)*&M&7Ê
•)''C 1®''.,C+T*&'''B ;,'K ?$&'*@=%/^+j'./^+9'C $)'BpK+f&'M ;$$D?=)'U j'B)U&0XX
ˆˆW)0?@+%T.&>
A'R ?$&'C J?=)C&'B S@,'0?@+E)'5*%$)C+;=?$&'a^&C A'B)C+ A8=&K&C+E)0)3)>+%$=&M
1A''''k*?T+5C+E).=)''c^$$+= &''55*%$+=+&''0 :%G$$=$+%@%=%D&''7 Z''C j()''M Z''> &''a7)K+;&''.)8
=&'''B 9''''C j.&''FC+f&''\5()C+;?@+IA''(/K+1J,''K %@9^&''C A''*%@@+;=)''C?@++N+E)55F''B)*
Z'> P'B?@+e'.=@+$=$$@+A0&.?=%$&'3 ?$?=%/+5U&7+:%=%D+;&0&($&F3&U+/+5*+9C+:&F($/7
;=%$)''M &''7 d'''./K+?$?=$$@+=$$@&'7 &'F*/R+Sd+ƒ+5\'C E)a+5Y&'C Z'C?@+&'5*+L.=)'R :)'0?@
_h$&FC+;).,n+ZC?@+&F+50&.
=HD+Z'C?@+&'5*+L.=)'R _ZC&'U T*&]n?=&'3 E)a.=%T*%/58&C+h&0&($&F3&U+W&[.)3)>
%T[5'i*=)3&7+&'F*/R+:&'5*+ E%,K+?$V&C+E)a5*%$+=?$)R+)3)>+;?/+5U+SjC+E%$+=?$)R+o)C
_?$/(,K?/+5>+E)($/^
Ws?$&(?$)8+9C+E).$)C+AF+5(&–5B++A*%$+=?$)R+1h%=)U&7+&kŽ+5C+E).)3)>+&.)U
" J/K+;%$)U+%=%D

! //#)<

?$?G&'0 A5*%T[+ƒC&7+;T5U+_$/C+h/O/*+%@;9^+;?$&*@,0pC&7+$=&C+&(,K+;)k+.=+%=%D
b&'''.%,C)0&7+A'''*%D+;?T*?$&'''U E)M&''''K)*+_E)''0?$)F7?D+&a''i.&K+)''( `=%/''^ &''.;+=&>%@
;/+5[Y&'C b&.=&B&7+b&.+1;T*%e5O+?$?=%D)U&C+$)0&(%=+&0&8V?D+)B&>&~+1J/k*&+7&M
hm&''C __ ?$?@,0D=&''C N ;&0&a'''B?@=%@+%=%D+%@&'5.=)k*?=&C+h&'7 :?$&'(,K+;%@+j.p'3)*
N P''3)F(+_h&''0?@++N+P''*@=$/C+;%$%@+IA''(/K+J)''M?@+;9^&'''C A'3&8&K+?$&'.)0,8%@
I?$&8+,+5kC+9C+PF+.T*&>+?$&*%$%@$$=+?=9Y+h&U+;?=)C+&7+?TC+h&+798+h&0?@
=$$@+;%@$&''8 9''C ;9'''^ ;&'i.T*&U+$p'C __@=$/'C?@%=+%@+A*%$&'79R&C+4'.=%/…+.=XX
:$/…a'B/*+A'57+%@=9'^ AF'i5(+ ,+.G&7+&0+J/k*&+7&M+4+5K&B&7+E)M&K)*+__$/C@,0+A.%=
_E)a''B?$+;T0&''.&C+=&''…8%=&C+?$?D=&''7 1ž,(&''C =9'''^ &'[./^+A'ƒ]+58+$$@+b?$+;T'5U
 ”#" ./0'123'456+*67
$&0&K&''B &''.%/C+%T''5(+E)''. ;=)'''F*%+=9K+b&'.&˜&>+?=&'B ;?T'[5M+E)0&'($&F+.=+1P'5C
_?$?@,0?@&*+;TF+57+E)5+ƒB+$@,0?@+E)5.D)…aB?@+$&8&K+)5*&(+;%,C)0
Ws+z*%$&+79R+;&*)0)(+E)50$$@=&M+&5*+?$&U+;&U
;&'M Z'B&0=&M+W%,C)'0 IA'(/K ?$?@=%/'^?@+ ;9^+)*)O+=&7+&0+$/C+=)k*?=&C+;%,C)0
,(=&'K ;=)'0 h=&'B &'(@,0+J&0&a'3?D/K+ =&B&C+;&.;e+.=@+PB?@+$&U+:&(9^+A–.&0
WsdK&B+j8+9^)U+W&FC+h,.&B+;?@+_J&0&*)i+5F+5>9^+A.e+.=@+PB?@+&7+$/C
?$/…a'i5M%@+A($$=&'C A79O+1%@;$?D+=&B&C+$/C+%@+;9^+$@,0?@+;&cO+&0+%,C)0
&''0&a57?+=/O&7+;&''0&($$+=+&''79O+__)'FC+%T'5(+AF+5a'3 ;$%=+`$&'.AC+b?$+:?$&'0?$)F7?D
_$/C?$&aB%=+$@=$)M+=?@
;&''M I@,''0 N ;=%$)''M Z''F(?@+%,C)''0 A79O&''7 =HD+A''F5[+./^+%$&''U A'''a.@+%=%D+&'0
sA($/(D&K+=?$&[.D+?$&U+:?$)8$&O++N+P5R+WJ&…K&*
I?$&.%@+A8m?$+?$&B$&(+1d3&^&C+?$&.9^+A+.+=&C+%$+,C+T*)^=&R=?$+Aai>&0
P'c.$Z>+:d'89^+A'Fƒ8+A+5*&a'i5*+ j8+:&5*+?$&[8&C+P.T*?/.&>+P.&M+ZB&0=&M
_?$&8?TC+4+5Y$&K+A8m?$+)0)*
;$/R%@&'7&M&C+IJ/'K A'5>+:?$&'()M?@+%T'5>+A'i5.?D&C+:A'(,K+$/'C ;@&O+$)U+%=%D
Z''C %@+j'8 ;$?+,8&'7&O&7+;&'B&0+$&'U Z…'3)*+:;%@+j'8 A'Fƒ8+&'7 1A'* %T'(9^+AF+ƒ8&'7
h&''B&0$&U+j''8 __&''FC+dk*)'''C ?$?$)'* $&'C ;&'0?@+4+.$)'*  &'7 D&'~ :Z'C E)'.D+A'3$/(
&''[5yC+?$&'FC+d[+./'3 ?=?$+_+{%=%D! ?$)'*$)*+h9'^ 1d0&'.$/C&M+Z+7&'C __w&'M Z'3?@&0
SÐ^&'C@&C+1P^&'B =&'B 9'( :h&'FC+=)']5(+9'C P*)0&'[.,C+ `$&7+)(+?$&8&0&($&F3&U
W;$$@,0 Aƒ+53+Z>+L58$@=&8+1A($/(D&K+=?$&*)Y
1;T*%/.,O+:@,C+$)[+5M+AF+5k*?=+1%+=9K+;=)c^$=+Pc5C+;%=%D+;$)*+?T*?$&U+=&M
&'''0 &'''.&*)0)(+&'''„H,8+h&'''U ;&'''kŽ+5C+h?T''C 45a''3  &''C A''k*,K+%@&''*).G+h&''7 IA''(/K
&'''0 ;G?@+j'''.e8+j'''./^+=&''''B&7&0+;&''.&*)0)(+?=?$?T''[.D+$&''U ;&''kŽ+5C+$&''.ˆˆ%=%DXX
Ws&.ˆˆ$$=?DXX
%=%D+o?$&''U :da''B&K+Aa''B?@+=)''Y?@+AR&'''0 %T.$?D&'C%@+h9'^ ?=?$?T'[.D+h&'U 9'C
_`D&K+h?@+E)c.@
 !"#'%&'()*+,- ”#Š
/5*&''''7)(+w+%@?$)'''''F7?D+h&'''7 ?$%,'''B$/*+d+7&'''C&O&7+H+,8&'''U &'''0 h=?$&'''a^&C+T*&'''R
;$$=?D+&''7 A.)''C DHp''> /0?$)'''( __h&'FC+,'K j'./^+j.q0)R&'7 A.)'CDHp>+%@=?$?T'[.D
_Zc5ƒ8?@+E)5+7&M+$?$)*D+f&M+?$&*m@&C&0+h&FC+ˆ%=%DX+?=$&K
/''''5*+&''a5[5C+@,''0 e''.=@+Aa''B?@+:$/''C o9''^ ·.&''0 %=%D+&*)''cO+$&''U A[a''c5C&C
&0?=&K &.&M+P3=HD+%@9(+1j8+E%/+5*&7+ˆˆsA+50+9(+%,C)0+`=&UXX+IJ/K+A+5>+1AaB?@
$?$?$/''C GH=+%$&'''U _&'5*+E%,'K ?$V&'C h&'.m)0&.+$&'U h9^&'C o&'C _?$&'[.&FC+E)'5*$$=
_Pc^=?@?$ AF+5a3+$/8&M
;%=%D+;&'''kŽ+5C+4+.=&'''k.=)0+'''5M+hˆˆp'''C ;@)\'''5*XX+j'''8 I?$&''''.%@+A''8m?$+%,C)''0
?q3)C+?$&U+’H,8+9CXX+Ih$/C+,+5n+?$&5+57+_&5*+=%/.T*&C+$,K9^+j8+;?T[+5M+h)aB98)8
_ˆˆZC)*%@+{%@+h$@=&8+;$)R&7+b&*+ZC+P+53+%@;9^+Acn&*+;$)R+&7
:Z''C @)''3/K+E)''. Z''C x*&''( ?$)8$=&''C h&''.)*+P''B&C=?@+:u)0&''^)*+;=%/'''….=+j'8
&'€7+;?T'[5M+%@&'[58?D+h&'7 :Z'C E)'Œ)U+E)'. Z'C$)F7?D+E%$)'[C+&'5*+ ;D%$)5Y+?$&8V&C
&a'''c*%D+$&'''U P'''B)U&7+_Z''''C b&''.Z>ZY+AF+7&''0&C+1Aa+5…a''B&C+&''0 &''B&C+dF+5a''B?@
_`,[C%@+&FyK&C+E).+?=$&K&C+&5*+4+5a3+?@)\5*&C=&B
;@)\'''5*+$)'''k*)0+&'''C b=?@+;?T'''C '''*?= ?$&'''U 9''''C &''5*+=$$@+&''(%$&0+IA''(/K+%=%D
_j+.+=&kC+A+57+1j+.}^%@+E%$)[C+$?=&C+?$&(&0?@)\5*+1J9^&C+)Y$&U+:;&FC$$=?D
:d[+5\'C ZY&'C ?=%@+A'B,(&8+?=)'0 $&'U u%/'(?@+E9'R W %=%D+,+5^&'* I?$&.%@+A8m?$
=?$&'''*$/C+%@+j'''8 A[5*%$+=&'''7 __)'''0)*++,'''C ?$V+$&''''C $$=?D+AF''i58&7+h&''0&.+;=)''5*%D
AF'''i58+?=)C&'''O! o&.A.)''''3 9''C h&''U &''.)U+:?$&''(%/^?@+x*&''> %@$$=?D+AF''i58&7
?/+5>+d.,r)U+1h)aB98)8+%@&aB&C&8+h&7+j8+d+5+ƒC&0+s&5*+4+.=?$&*$/C+%@;9^&7+{$$=?D
_&[8+AF+ƒ8+?,+5U+A(/K+d+5>&0+$/C+o?$&U+=&C&7+_h&0?@++N+P*@=$/C+N+;%$%@+%$&U+?=).@
;?$&'[5+79F+57+9'C d0&'.V&O&(+$/8&'M 1;+=&'> Z'( %@=&'B&C+ he.=@$=$$@+AF+5*)8?D+%$&U
{?$&'''5*)0&.+A(&''.%@=$+$/8&''M&C! d5a''B%=+/0?$)''( S@,''0 E)^=&''( ˆˆ$$=?D+&F''i58XX
$/8&'M&7+da'i>+$%@?@%=+;9'^ m&'B?@+! %@&a'B&C&8+h&'7 )5*&'( __ZR&*=?@+PB?@&7
&''C %@+hˆz*%D&''*X+f&''K&7+A….=&''(&C+hˆz''*%DX+?$&''U =&''C&7+S?$$@,''0 f&''M ;@+AF+5a''3
1u%}''C P''3 b&''. &'''0 ?$%,'B$/*+f&'C&O&7+;?$&'U h?$&'*,0pC+;@)\'5*+_EH+=?@+Aƒ8$)'U
A0&'.?$?@,0+$/8&'M &'7 d'O=+&'0 ?$/()M+=&B&C+h%$+Id8)n&*+&F.@+A*)0&a3+A8&Y=&B
 ”#« ./0'123'456+*67
$/8&''M&7+d'O=+?$/()'M N h%$+__`+=&'>&*+Z'( ;9'^ Ar)'*9O+/+5*&'7 ;&'Y=&8$&C+Z'C ;p'C
_ZC$/C+j½57+A39M+$pC+%@;9^+A+7@$$@+1oH=&>&7+ZC+4+58$$@=&8
$&|,+./0=&'B ;)(?=&B+?$&U+J)M+d.D9B+f@+;+=9R%$@+h&0?+=?$)C+$pC+9C+Zk*&0
_dƒ.)O+L5*$/C+,+./0&C
$)[+5>&''7 :?$&'(?$$@,0++N+hV+;T'*/(+=)'8?@+1A'O?+=+f@&'C u%}'C 45a'3 da+5…a'c.$&0
A'* 9'( ?$&'U %=%D+`=&'U _?$&(&8$%+=$/'B &*=?$+4+5a3+5M+;V+9C+%@$&U+Aac.$&39^
N ;%$+J&.&''cO+h&''U sˆˆE)''.G+;m)0&''. 9''C &F+.=&a''3&*+%@;9^&'''7 E)'.GXX+IA'57?@+&'0
1h?T'C h9'^ A'[./^+d'5*%/(+?$&(?=)C&'B E)8&'M&C+ __h&FC+P*)0?pC+A.$?+,.&>+h$$@,0
_h&FC+pK+?,M&C+;=)5*%D+1J&–.=)8
ˆˆZ[+5€B&R?@+J&0&cO+J$&F+7&M+1š5O%$XX+IA(/K+%=%D
?/''''5>+;$$=?D+?@+__$/''''C j''''./^+A*)a+7&''''^&0+%,C)''''0 AF'''''B)C+9'''C @,'''0 ;)''']5M
h&''U W&'''0&.A8?@)U+;&'U {I&'cO+?$&'()M+E)'c.@+:A'c5ƒ8?@+E)5+7&'M 1E$/C)F'BH=&+7&M
$/8&'M h&'0)*+J%D+;T'5U+ _“=)KG98)U+%@+J9^&7+9(+__T*&>+1ž=?@&7+?+,>+J&^H@+$=)C
_d5ƒC+A>+P89^+A*)0?$?+,.&>
_?$&][5C+PC+,(%$@+h&0?@+L.D&~+_z+.D%qC+;TF+57+?,+57+! )C
9'C $&'0f&M++A'( ;T'5U+:h&0&($&F'3&U+=&'B &'a5R?@+Z'i0?@+f&'M ;&.&Fy+.=+$&U
_%@+u)0&*%/58+/+5*&7+AC?@+4+58%T*&U+o&.?=%/+5U+h&U+SH+,C+`$&U
Pa'''3)U h)(?$&''''U o)a''c5U+:?$&a.)F''3 %@+J9^&''C ;@,''0 dƒ+5''3Z>+%@&''7&~+$&''7
?$?=$$@&'7 ;&[+./'3 $&'U 9'C hH+=&'U ;T'5U+Sd+ƒ+5\'C P5Y&'C di.=)R)*+hm&C+__?$&8&0?@
_h$&FC+;).,n+j8+)0?@+=%$)M+4+5k*?@
" J/K+;%$)U+%=%D

! #$%//"*d
!
?$?$/C)^=&'''R&*+f&''M ?$&''F50&*&0+;/.@&''* &''7 1%@&''0)k+.=+Ay+5>&''7 %=%D+)a''i5M
b?$+__?$&'''i5>+&'''a.@+?$?=&8&'''B A'''F57/Y/»+&'''C %$&'''U J$&'''0=?@?$++N+A''F58V?D
 !"#'%&'()*+,- ”##
:)'''''0?@+£'''''5M?=;9^+%@;$?D+=&''''''B&C+?$&''''*%}^%=&C+$?$&''''(%/^?@+2/''''^ E)0&a+5''''3
:)'FC+@)'.,n+ ;=%$)M+1ZC+V)C+A„H,8+?$&U+ZC?@+IA(/K+%T.9^+A+7@&7+$@,0+A0&.&ac+.$
A(&5'3&7+A8%T*&'U AR=&'M ;@+AF+.p'> WZ'[5…C+Z'R _h$&'FC+ ;).,n+&ac.$Z>+&(%$&0
_?$&*$/R?@+•?D+;$)R+1;D=&7?@ f&M
o9M&'7 b?$+?p>+_$/C+?@$/M+ZC+h+V&C+:?$&()FC+AaB%=+%@A+7$&M+1;=&B+&ai.&K
&'7 &'($&0V+AF+.T+58/U)'* b?$+_Z'C ?$?=$?@&'C AF+5'B&0+ @,0?@&*+?$&C+AaB&M++AC$/R
$)>&'( ;?$&'U ;%$@+:%@?@+E)i5>+A*$/R+g50&7+;)]+5M+:$/C+A+50+=$/B+?=&B+?$&+7)>
IA(/K+$@,0+z+7)*&C+AaB?@+:/C+&+798,K+$@,0+AF+5ƒ(
Wd+.$?@+A39^+Z0+;T5U+__s?$&()0?@+d8=&K++A0Å
_E?@+`$+h$/(,K+,K+A+7@+__E?@+`$+u)5*+1h=&K+AaB?@Å
_jn9+ƒkC+u)0?@=)B+&R)O+h$)8%@+&*)aB?@&€7+$&U+9C+:h%@m&*)5K&7Å
__h/5*?GZ(+A8?@+)(&8=&*+__h/5*&R%=Å
_Z[+50$+,>+h?@+:?+,K+__h/5O9R+f&MÅ
_h9(+;py+5*+W$)*+ZC+;pC+;&UÅ
:$%,y+5>+E%=$&M&7+:/539>9^+A0)[B,(+;&UÅ
:?$&[C?@}C+d+57+%@AF.=)(+A+./(&7+?$&*%$)R&CÅ
__h?@&U+&+ƒk[5K+%@9(+;,C?D+,+.G&7+:@&C&U+;%}B&C+d+ƒ+5M?+=+j8+%$&UÅ
_=).@)*+;T*?$%/^+;&U+{9(+{@=&C+f@+AR$%+=+;&UÅ
ÅÅÅ
_&B9+7&>+h%@+E)c.@+:h=&B+&(/0+f&M+?$?,C?D+j.,(+T*/(&CÅ
_&0+,C+jC+AK?+=)3+__&0+,˜$+&+7@+h&UÅ
_sZ*&.)^?@+u%@=%D)U+?T*?$&U+9C+&a5R+?$&UÅ
 ”#t ./0'123'456+*67
__ ;&0?@+hD%T*?p(+}+.+,8?@+:2/0+A*)F.&>+=&B&CÅ
s&.A(&.%/^+;&Fc.,C+)a*)0?+=$/(+?$)R&7+:;&0?@+AR+A*%$+=?$)RÅ
s;$/C&*+=%DZC+h?@)5[C+A*%@=%D)U&7 `=&UÅ
__;&0?@+;=%@9^+v3/0&7+;)(?$&UÅ
__&*%@=%D)U+PaB&C&8+)5*&(Å
W=).@)*+1jB9(+;T*?$%/^+;&UÅ
Ws;?@&U+h&˜&F3&U+AR+;)>&7
ÅÅÅ
_;&0?@+L+50+j8+;V+9C+J9^+%@$&3&7+&a+57+h$)R+³)UÅ
_?e+5C+:+?e+5C?@+__s&0?=&K+P5RÅ
?/'''5>+9''''^ &''(?$&U)U+__A[R?T+7&''M Z''> dk*&''( :;?@&''U A''> d0&''( &''a57+h$)''RÅ
_A[+5B$/*?@
_;,K?@+h&0&+7@+;&>,(+9C+__h&B)*&M+9C+PB&M+%@m&*)5K+&7+9(Å
s;&C?@+Z>+d5R+A[K=DW+AF+5[K=D+E9R+;)UÅ
__?$?,+50&aC+d+57+__?$?,+50&aC+d+57+W;?@Å
_;$&0=&B+%T5+5>+`$&(?@+__s?$&a*)3&C+A+5*?@+h9C+&5R+?e.&>+$&UÅ
Ws?$&]+7@+&a.&‰+J9^+)(Å
W`=%/^+&a.H+,C+%@+u)0?pC+A^)*&C+&a0?=&K+?$&UÅ
:D@+;&M+__=).@)*+;=?T*)i5>+2D&C+9^+;&MÅ
sAac5…C+AR+`$&(?@+__sA[+.+,–C+AR+`$&(?@Å
W%/^=%D)U+;&U+:9(+Ws&a5R+;?D@+__&a5R+;&[8+`=&UÅ
!"#'%&'()*+,- ”t‹
WsG/FC+A[+53?$+PB?@+;T*?$%/^+;&U+9(Å
sP+5>=&C+&8?TC+`+,n+h9^+¯&B+b?$+&a0?=&K+?$&UÅ
:?$&i+5>+&]+5C+;+,+5M&C+$&*)aB&8+&a0?=&K+?$&UÅ
s?$&]+790&C+h,kC+9C+P5ac.$&39^+G97+?G97
ÅÅÅ
W&[+.$?,B++A(+%D?+=+ZC+AO?+=+f@+;?@+__A[+.$?,B?@+Z(+A.%+=9^&CÅ
__h9(+;py+5*&*+1h9(+AK&B&*+W=)F3p8+;&UÅ
_d5*+9(+Aƒ.@+j8 $%,y+5>+E%=$&M&7+;D@+;&UÅ
W&FC&cO+&0?=).@)*+;&U+:h&FC&cO+__E%=$&M+;/.@&*+;D)C+Z0=)3+$)R+;&UÅ
sE%=%/…+.=+A8&Y=&B+9C+I=?@+&B9C+&7+9^+;&U+__`$?@+j8&7+P5R+WZ+ƒC+?@Å
ÅÅÅ
s;&0?@+&*)58&(+;%$%@+W;,.&B+&0+;)UÅ
Ws;&0?@+;%$%@+{&0&.&*)58&(+
_&.D%/^?,n+:;$&0&*%@+h&0&C+Z*&.&K?@+P+5(+d.D=&C+gn&*Å
I)0?@+9C+J)]+5M+d8?$$@+;D=&C+gn&*+?$&3V$&7Å
_`$TC+A(=/0&C+$&c+.+=&8+=HD+;T5U
W{&[8+;$/8&M+{;&0?@+;%$%@+9(+;?$&U+__³)UÅ
ÅÅÅ
:;&0?@+h$T*)8+;?@&U+h=%D)U+W+Aa+53&0+;)UÅ
Ws;?@&U+&˜&F3&U+d.,+58%/Y+;)(?$&U+
__?$&()0?@+d8=&K+Z0+__`=?TC+d5ac.$&39^Å
 ”t! ./0'123'456+*67
__d+.$?@+A39^+Z0+;T5U
_E?@+`$+h$/(,K+,K+A+7@+__E?@+`$+d8=&K+AaB?@Å
;V+9''C J&''*)*&(+hH=D&''8)(+%@&a^&''3&7+Z*&''(&C+__d0)'''( A0HD&'~ S&'i^&…C+d'5>Å
_u)[8G$@
q''> ž&''0 $/8&''M&7+A'''F5[8G$@+T*&'R=&M+:Z'C ;9'^ A]5ƒ'B&(+h&'0?@++N+J%$%@Å
_;e+.=+h&aB
_$/C%$)U+h&*)0)(+A+7)„&M+W@,0+/.@&*+;9^+hm&CÅ
I$/C+d[8G$@+j.,(?=$&K
_°C+1+G/FC+;T*?$%/^+__=).@)*+;=?$&*$/C
ÅÅÅ
__H+=&8+:)*__)*Å
_?TC+h%}B+?=?$)U+__?/+.+=&kC
:D%/^+)5*&(+j.%$@+;V+9C+?$?=?$Å
:E&0?@+?G)M+dFc+58,n+?$9(+;&B)(&C
`e+.$)M?@+;9^+9(+;V+9C:h&0&+7@+AFi5(+j.%$@Å
IhV9C+?=?$+__³)UÅ
:h&0?=).@)*+%/^+;&U
:h&0?=%D)U+;&U
 "
_Wd5*%=&8)0+;+=&>+$&U+;&U

P.=?$&a^&C+1E%G+;&.)8+;+=&>$&U+L.$&U+1ZC+=).@)*+;%/^+;?$&*%+=& K 9C+P^)U+&0+  "

WsE$$@=&K+1E)\5Y+$/8&M+;&0%/^&C+&5*+E)]+5U+1E)[+5M++=?$)C+&8&U+;@&U+ZC
 !"#'%&'()*+,- ”t”

”
1;+,''C f&''M N ;&0&a''B?@=%@+_;9''^ ;?@%+=+&a''i.&K+$)''BpK+f&'''M %=%D+A'3=93
;&'M IJ/'K A'5>+?$&'O=&7++,'> AF+5[5*&'F5>&C+L.$&'U :?$&'*%+=)>+$&'.,K+ &.%@+_PB9+7&>
_A+50+9(+&8/5*%D+__WEDH=@+;&M+__ o&0$$=+;&M+:&C+x*?@+ZC+W=&K$$@)Y
_h&0?@+AR+%T*)*)8?/+5U+f&K&7+u%D?@+h9^+9C+__h&0?@+&OV&n+P*)0V$/7+)ac+5U+=&M
P5[5C+?$&[8&7+;?$&U+S?@&8+d+57+1&aB?/C+`=)Y+W%=%D+I@,0+;=%$)M+:$/C?$&aB%+=+?p>
9'''C da''c.$+Z˜?=&''8 ;T''5U+_u)0?=&''*/M&7+&F+5''3&C+o&''8&K+:$/C&''8&K1hD&C+)5*&''(
_h?TC+Aa*)i5>+?$&*@,F5O)(
d'89^+9'C L'5[8+ &.&M+%@9(&7+AR+)Y$&U+S;$/RH=+%@+h@)\5*+A^)*&C+;&0&5aB%=
Id+5+ƒC+&0+E)8D+&a+5[+5M+h?@+J&0&09+7)K+1AO+=+f@+A0&.%,C)0+9(+W%=%D+_?$&(?$%@+¢K
ˆˆW)0?@+j+53?$+Ay8&O+AF+7&^+;9^+;&0&aB&C+&k*&(&C+&0&.%,C)0+%=%DXX
W&''*%$?+=+1E)''5K+AR=&''M ;=&Fa''B&C$)R+;&''U IJ/''K A'''5>+?$&'F5*@=%/^ L5>&'C
P''8?@+&''5*+P''39C+__&''5*+%T''5(+A0&.Aa'''B%=+'5M+;&'3&0$$=+$&'U 9'( :&'0&8+A.%=&'8
WA*?eC+?$&*)0&.AaB%=&7
h?@+;=&'K$$@)Y+;&'M :/'> 15M&'7 ,'> ;)'.=?@{+9'M __E)'B$)(+ A>9(=&B+`=&U
J&''0?$&*%D$+=/0+1z+7)*&''C A'''*%D?@+J%$+__s%@+E)'i5>+P'F.=$?@++%T¼?@=&'C&7+Wo?+=
Wsh&0?@+=?$)C
9''( =&''M ;&'''U _?$$T'*%/*+hˆo9'M ;%}5'U 1;,'.eC+&'*)0)>X+;=$?@+j'8 IA'(/K+?p'>
h&''cO+?=&''K$$@)Y+?p)''3 $&''U A*)8D&''C _s)''[5M%@+J&.?G%$&a''B?@+h&'''U &'0 ;$/C&'*
;9'^ A'>%,^++2@+1A>%,^=)0&'C )(+?$&a+.+=&K?@+f&M+A+57+1`+=9K?@+A39M+&0+?$$@,0
_Z*%}C

_?@&8++N V+;@+AR+?$&3+ˆˆA(&.%/^ZCXX+&C+$?@&8+4+5(+J9^+5M+&(%$&0
A*V)U
 ”t  ./0'123'456+*67
N d.=)B&0)^+;?$&U+L+5>+&.)U+__s?$$@=%/^+J/.,n+j8+;&0&i.)†+&C+?$&U+W%=%D
d'''57+__?$/($&''0=?@9C+P''[8 ;&''*%@/.,n+h&''U h=&''B ,''.G+&''a55[C+P''B?@+1Z[+5‡&''cC
ZC&''* h&''0 =HD+A0&''.?@%+=&C+Aa''c.$&39^XX+IJ/''K J?@+?$&''^%@/^)U+&'''C ;$/a'c5C
@,'''0 Aa''B?@+h9''^ =&''8&7+;&''>%,^+%T†$$=?@&''7 ;T''5U+ˆˆ?/.@&''* ?$&''.9^&C+;,+5''^
_)8&B&C
=&…*%=&C+d5*+&B&0+$&U+j8_E$%@/.,n+Jq0?,.D+j8&7+AB&0+=HD+qi+5>+IA(/K+%=%D
_?$&8&0&*+ž&0&7++¢B+?$%+,CZ>+h)M?$+&F*/R+Sw+}+.=)>9^+E)0?D)…+ƒ+5n
o)'C :&'5*+E)\'*&> j'8 &'7 E)'*)8?/+5U+A'i5U+:;?T'C/.,n+h$@=&'8 &.?$&U+=&M+P3&C
)'*)8+ =%/R+&()K?@+)(+E)*)8+ZB+$)*)8$$@+P*)0ˆ&3$$X+&0+u%D?@+o?$&U+__dB)*+J?@
H=@+;$/8&'M &'3?$&U+&'* 1ZC+PB%=+;$/8&M+&.?$&U+&*+)[+57+P+5>+o)ac+5U+;?$&U+__
_ZC
=&''''B &'''''a5yC+?$?=)'''C h&'''7 A'''*%/(?@+&'''.)U+W+=)0@&'''C A'''3&0$$=+A'''*DH=@+`=&'''U
;)a'B?$%=+%T(&0&F'i.}>+ h?@=&C&7+A($$=&C+E%GH=&7+`GH=+=&K&U+__s;@+AF+5^H@$=)C
%T''[8+h?@=&''C&7+o%$)''U _`+=9''kC+&F''i.}>+$&''7 ;9''^ J&''0?@=?@+;&''0?@+`=)'''0 %$&'U
IP(/K+&0+d.+=9K++N+J&0H=@
f)'''> &''''.%@+P5a''B%=+4+5a^&''* N?$+_ˆˆ$/''C &''8&K+1;D%$+P''a.@+?$&''[8&7+;?$&''UXX
_&39M+A*)0&M)*/K+;,+.eC+&*)0)>+&0+AR?@+&B&0+$&7+?$V+`T*&M&7+_J&0H=@
Z''> AF+7&'^ ;$/a'i.&K+&'.&ƒ>+$&'C %@+ˆ$$@)'YX+&'7 :$/'C %,F'3)U++N+h9'( Aa'B$,B
&''F*/R+:;?T''C/.,n+Z''> A''(9^+A*?$&''U %@H=@+1;D)''C).=+&''7 hm&''C __;&'''FC+p'kC$)R
x'''[R+P0&55a''''B%=+''5M+?$&''*$/…+57+•=+;&''kŽ+5C+:;$%D%,''( %/''5M+1f).&''^ &a''cF3
1o&'''0$$=+PF+5a'3 $/8&'M :ZC&'* ?$V&'C Pa'B%=+;&'(/K+?$/()'M N J%$+:?$/($&'0&*
E$)F7+%T*)5+5>+;?}+5C+$}+5O+$&U+?$?,(V$&C+E).++AC&*+J&0?/+57+/y7+)5*&(+&…+7&O
I;T*%+=&*+?$&.A[8,O&C+=&K$$@)Y+
h&''7&0+`,''K A''( h&*)''cO+?=9''Y h&'U AC&'M J?$&'U An)'8 )'( A'50+9'( W%,C)'0 `=&'U
shq*D&8+4+.=&C&7+E)5K+$/8&M&7+j8+%@&*)8?D
 !"#'%&'()*+,- ”t¡
$)''8%@+GH@++,''>/(/0++N?$+__%@+`+,''n ;D$&''B AF''i5(+@,'''0 %=%D&'7 ;%$+A0&.&'c5^
IA(/K+?$?}0+AF+5k*?@&C
A8&Y=&''''B&7+P''O=+:;$/C$$T*)''8 ?$&F+5a''3 $/8&''M P''B?@&C+%@?,+5''7 W %=%D+;&''U
b?$+hm&''C __&''F7&0+Z''C d''3&0&[ac^=?@9^+_d'''5*+ED&'8 &'(%$&0+S?$?$/'C u)0?=&'*/M
1d''[./[C+?=$&''K ;$)'''5>+;=$?@+$/C?$&'U da'B&C&8+:@,'0 d'i5(&.?=$&K+;%$%@+A'*%D?@
__E$/C&'* %T'[8+;?D$&'7 u)'0H=@+AR&'0 __d[+5\'C PB?@&C+=HD+A*&.V+A*$/C+Z>++=?$)C
W$/C+@=$+h9aB&U+1/k*&+7&M+A+5(+4+.=&€8&7+&*$/C+%T¼?@=&C&7
5M+u)^$$=+4+5(+&kŽ+5C+S&.H=@+A[^)U /5*+;H=@+&.%T]+5(+A0&5R=&M+"%=%D+;&U
_&5*+?$V&C+h&F.@+A0&.AaB%=
I?$&.%@+A8m?$+;+,C?@+;$?D+Z0+=/B?$)R&C+%=%D&0
hm&''C _$/''C &*%T*&]n?=&''3 AF+.=)''0 9''( 9''C @,''0 P5(&''.%=$&K+;%$%@+;&'''7&~+$&'U
_A*+?=$&K+9(+&(%$&0+:PaB&C&8+&a5ai.&K&*
?$&''(9^&C+&''0 &''.?$&U+:u%}''C A0)''R AF5(&–'B&C+1h&'FC+;T['B&>+%@9(&'7 ;?$&'U
o9''M AM)''*/K+;&''*)0)>+&''0 ˆˆd'''5*+?=$&'K j'8XX+I@,'0 J=%$)'M &'0 E)'c.@+:;$$T*)'8
P'''''3&.?$&*@,0pC+h&'''U u%}'''C%$+_;}+.+=&'''C J9'''^ A'''3&C+&'''.%$+;)'''*)8+?$&'''a.,+.eC?@
_;$/C+9K+PB%=+)(&.)k5*+&()B+h&7+f)~+=&M&C+:;+=&>&*Z(+b&.&0$$,(&7
J9^&'0 __&'a5R+N/'^$=$?@+%T'[8+A*)0?@=&C&'3)(+$=%$?+,+5'7 /5*&'7 I?e+5C+d+5>+hm&C
&'F5*)M=/C+ +A*)[+5M+;@?$+PaB&C&8+zCpk*)0&.+?$$@,0e+.=@+h&0)k+.=+AO&R+=&B&7
s?$&a5+5[C+j8+9C+J9^+A*$/8D&U+;$%@+&($/ac.$+AR&C+J?=)C&B+;&U+s?$&[8&7
J/K+;%$)U+?$?$/C?@++N+E).,K)U+%=%D+A*)0?$)R+&0{
AO)''( J9''^ Pa''c.$+IA''(/K+E)''3)>+_)'8%@+oH@+;9'^9C+L.=&'K$$@)Y+;?p'>{
A'R &'0?=&K+d'F5„H,8+__u%$?+=+1P'B%=+A'„H,8+ A+7%@$&U+)5*&(+h9^&C+o&C+:?$&a.&FC
_$)5>+&*D&8+1PB%=+A*%@+,>&7+&.Aa.,C+L5[8+AaB%/^+:`+°C=?@+?$&U+ZC%T+7@&7

{Wh%=%D+A+7%@$&U+j8&0+A*%D)*+9(+W%=%D+;@&U{
 ”t" ./0'123'456+*67
:$/'C ?$&'*@,0pC+A']O/*+ 1b&.=&B+&*)*+;$)R+o%=%D+:E$/C+J)8+&0?=&0&cO+$$@
IJ/K+A+5>+?$&F+5C?@&U+$/8&M&C+1J,K+;&0?=&K$$@)Y+AaB?@+)Y$&U
`/'C P'50+%T+.$&'7 :h&0&($&F'3&U+ 9C+ZR?@+b&.)k+.=+&5.%D=&C+$&U+=&B&7+:`$&7+)U
E?TC+J?T.=).+)(+&B,€C+h&09+7&M+$=)8+&Ÿ3)U+&7+ZY&[ai.&K&C+=&M+:`$&0?@+PaB?@
_A[Fi€C+&0&($&F3&U+%@A.)*)>+1+A.%e+.=@&C
_?/.@&*+uD&8+;$)5>+j8+)ac+5U+)(+?$&8=)3)*+P+57
%@A(&'.)*D&8+;%$@&'C $DHT.&'> &'a.$&FC+Z'*%/()*+&'.&M+$)'R ?,'C?D+ AR=&M+&F*/R
_j'''''.G?@+%@ˆˆ;=?$=&''''B EV&''''KXX+A8?@=&''''B&7+%@=D)''''~ A7)~&''''7 &'''']5U+:Z''''C £''''.$
%T.=$?@&''C L57&''K $?$)''B$m&M+$?$%@%+=++N+;9''^ ?/'''5[5C+h=HD+ ŠˆˆA(&'.%=$&K$}5nXX
=&''''M &''0 =&k[''B)U+;&8?@&''3$/8+hm&''C _&''.&0?=$&K+?$)''5>+?$&''U)U+IA(&''.$$T*V$/O
Ws&.&M+AF+.@$/B++?$&a+5[+58&*+%T+5(+;%$&M+1?$&a+.$?+,C
•&'3 )'( Z[5'B$)U?@+f&'M ;9^&'0 Z'R?@=?@+ •9C+;%$&M+&[3&R+$&C+=&M+E)c.@
AF+58=&'R&C+Z[+5O&'yC+ b&.&39.=@+&0+&5*+o9^+?$&U+;?T[+5M+L50&5.=).+5M+_)C?@
_ZC+?T*&>+h&7+E)a+./K+u)0&+7H=+&(%$&0+_%@$%=@$/n
1?=$&''K Z''*%/(?@+Z'''0 E)0&a+5'3 &'7 &'kŽ+5C+)Y$&'U __&'*V&K+;GH=+E)'8=D)~+A+7)'~
1A(&''''.%=$&K+;%$%@ A'''''*%/(?@+Z'''0 E)0&a+5'''3 ;&'''kŽ+5C+__`,+.$m&'''M 2&'''K ;&'''FyK
12%D+A(&''''./5*%/(+ZC$/R&''* g50&''7 A''39K+/''39M+4+5''B&0+&''.)U+__)''FC+;=?$=&''B
WsZC+T*&8=&n?D
Z'''0 `=&'U __A'ƒ.$+%@ˆˆ?=$&'KXX+;$)'5>+;%$@&'C d'[5C+J?@+W&'0&550?$)U+&a+5'3 ;&'U
s?$$T*).&K%+=+9(&C+;&8&U
$%@+&a0?=&K+AR9C+__s`$&0?@+PB?@+ˆˆED&8XX+%@&*)8?D+h&7+W&0?D)…[.9U+9M+;=&U
s ?$&a5+5[C+%T[8+A8?@=&C&7

d.=)'''0 P'B?@+hm&'C Z'C ˆd„)'¤a‡%XX &'i.&*%$&7+?$%,'B$/*+ˆˆd„)'¤7%XX+&'0&…+5a0+A+5>&'C  Š

?$&]ai+5M+b$)R&C+$@,0=&*
 !"#'%&'()*+,- ”tŠ
;9'^ ;)'k.=+$@,'0 9C+AF+5[5*&F+5>+$%@)C&C+E%@+A*)0&8&^+;T5U+ÂJ/K+;%$)U+%=%D
_=&C+&(,K

!
! #*-$K#$G
:J$&''''0=?@?$++N+;&'''(&0+A'''F58V?D+$/'''C ;,C&'''* ;)'''k.=+AF+5*)'''R$+)a'''i5M+%=%D
h&''''C _$/'''C $)'''0=}C+f&'''M $D%$V+;$)'''R/8?@+_$/…a'''i5*%@+A'''57+%@&'''0)k+.=+Ar%=&'''O&7
IA(/K+%@;9^+A+7@+&7+_$/C+ž+=?$+?,n+?$&.A.)8=)(
&''8V?D+h&''U ?=)''.@%$+:&''39>+h&''^ )>)(=&''B d''[5C+;?@+j''8 ;?$&''U Wh9'''^ 9'C ;%$
_s&0?=&K+E)5R+%T[8+;&[58?D&7+&.%/^+14+7&^+h&U+u%D)*+_&*)0&[5M)0+A]O)(&7
__%T0&''5R=&8&R+=&''B&C+$&''0 AR&'''0 $/'C h=)'(/O+4+.=&'K$$@)Y+P'B?@&7+:Z+7&'C
E&'*)(&C)C+$&'7 &'*)8&U+:&'*%$@,8+;@,'K A'57?@+ :%T~V&C?D+;&F.@+AF+.=&K$@)Y+=&B&C
__j*&''.&K?@%+,+5>+E)'8%/^+A(&']¤5*+$D)'* $?=&8&'B Aa'3 &'.%/K+E&'0?@+E)8=)…(&'[8+&'0
h&''U &''.)*+L5*)a.&'''3 9'^ WW E&'0?@+j.p'3)*+$)R=&'C &'7 E)'†).G+?$?=&'B$&7+AR&'0
&'[.,n&*+h&'U __)'0?@=}C+;9'^ &i58&M+ZC+E)a.&3&C+E)]F+5i5U+&0+__Z[+.+,–C &*D/8?+=
WZY+&()K?@+x*?=@++AC+?$&i5k*?@&C+=&K&U
A8?@=&'''C&7+?$?@,'''0?@+4+5[.9U&'''7 ;p'''C :$/''''C ;&''79C+$&''(,>+1?$&''.9^=&C&7+%=%D
:$/'C@,0+;&'B$/B+?$?=$$@&'7 =&'M %,C)0+hm&C+_)0&*+;$)R+1`+=&>Z(+?$&0&39€3?=
A5>+;T5U+SZC+;pk*)0&.+&0)(/0+;9^+:$/C?$&aB%+=+$/ai.&K+D%,8+&C+AF+5B&0+b?$
IJ/K
?$%/+5''3 ¶ =&''B ?p''> h&''U ;)''.,n+_;&'''M 45'B&0=&M+)'Y WbH+=&'K ;=%/'….=+;&'U{
;&'''n,7+$&''''0,*&7+d''./K+?$V&''8&M&7+__?$&.A''B,(&8+&''(9($&0+%@?$)''* h&''7 &''0 ?$&''FC
T*&'R _&'5*=).@+)a'c5U+hm&'C __h=&'C 9'C ;)*&'> A'*%/a8?@+$/C&'M 4.$)5>+?,+57+_&*%T*+=@
$&''U &±+7)''B ?T''[5M+AF+5[5'''i*+J?/+7&'^ __$/'C @$/'B Z'C ?$&'8DHTC+;&'0)k+5Y+h%+=&'K
 ”t« ./0'123'456+*67
$&'U A'./K+&'($/Y+&'C )a'i5M+:$)'O &(&*$/C+%TF+7&^+/+5*&C+%@&*%GH=+h&7+;&*)B)C+$&cO
_E$/C&*+)[3)U
I j57?@&'0 ZC?$&'U =&'M &'.&*%$&7+__s&F5'B)C+$&'cO++A+5+7)'* d'5>+ `=&U+IA(/K+%=%D
_ˆˆ?$$@,8+$/C&M+A+5>+E).+=?$)C+L+5>?$&7+&0+;?T*?$%/^+&*90+$&UXX
$&'U A(&'8}^+E$$@,'0 h&*)'cO+ $&U+o?$&U+;%+,+.$+j8+IA(/K+?$&F+.=&B&0&C+%,C)0
_A*).G+A()B+j.%$@+)(+?$@,0+h?T*?$%/^
d''''i.@%D)U+hm&''''C __w?@ =)*&'''''0=&C+?$&'''(&8$)8+=?$=&'''B Z'''C &'''F*/R+o)a'''c5U+
&''()K)*+d'k[R+?D)'( __$%+,'C %/'5M+AF+5a^&'C@&C+&'(&8$/C+?$&'U =&'C&7+S?/.@&'* ?$&'89^&C
)''( &''*%/+50+h&''U &''‚)M+%$&''U _h$$@=$/''C%=+;=)''KGH=+9''C ?$&'].=&kC+=&'K&8+;=)5a^&'C
$m)'C A0H=&'B ;&a'c.)3+&'0 h&FCD)B+EG&Y+Ak*&M)U+:d[+5\C+ZY&C+j.@+AŒ?=/C%@
_hˆˆE)0)>)>+;&[53)>XX+&0+j8+o?$&U+SZC+&c5*&0+A*)0&C)C &[.,+.@
A''i.)aB+?$?e'''./*+;@$$,'B&C+;&'C)*&Y+$&'U __$/'C ?,+5'7 ;?=)ka'B=&>+$&'U hm&'C
h?@=&''C&7+¯=/''K $$@+)5*&''( _$/C&''* h%+=&'''K A'57+%T.&'0&^90&7+S?$$@,'8 @,'0?@+;%/'^
E)0?=?$&''''*)5K+$/8&''M $/''C%@+E).G&''7 )''( _T''*%=$/7+E)''.?@+?$&*?/5''3&C+%@+;&''0)K=?@
?$%@+d''''i.=).+,C+:`+=+&''''‚$&0+A*%@=&K=&''''B&C+;T''''5U+:?$&'''''()M?@+%T'''5>+E).A.?D&'''C
;?T*?D&'8&C+ :d+.+=&K?@+&F.@+AF+.$)5>+&7+%@&0+A0&.V&C+)ac+5U+S?$&]+.+=&K&*+&.)8=?=?D
_%@%=%D+j+./3&C+E%+=&K+&‚$&0+;T5U+{?,(+Ñ+7)B+E)0&B)*&*%/^+1j.@ZC+$/8&M&7+j8
$@,'0e+.=@+Aa'B?@+o%=%D+_+;&'0?=&…*%=&C+ &[.+,C+;$)R+;e5(&C+1J/K+;&8&U+?p>
IJ/K+A+5>+)Y$&U+:?$?$/C@=$+A+57+E%/Y+$@,0+/.@+$%/.@+h&U+;%,C)0+A>&7
)'8 b=&'n$/8&C+?$%,*&'.)^+?$&'C Aa'B%+=&C+Ws&'*%/Y+T*&'R PaB?@+W}+.+=&C+AC)*&Y
_&.%@%=%D+AaB?@+;@/^+/+5*&7+%$&U+o)ac+5U+:`,FC
hq'[.@+Z'C h9^&'7 %@&'[58?D+ h&U+A+./0&7+I&¨$/($/K+:À$/F*+1j.@++AC+;%=%D+j8
__u)8@)3 A*)0&5.=)KG98)U+&C+:`$&FC+PB?@
 !"#'%&'()*+,- ”t#
;/.@&*&C+$+%@A*)0&.=?$?pC+&C+1A*%$+=+A+5(+?$?p>+A*)0?$)R+&a5[+5O&yC+p(+b?$
I&cO+?$&()M)(+$/RH=+%@A*)0&5.=?$?pC
Aa'c.$&39^+;+=&'> $&'7 ;&'B&0+$&'U b?$+{?$/R&'* g50&'7 ;%/'^ ?T[+5M+ž&0
_Z…($&0+4+5a3+$/8&M+;$$=&B+?$&.9M&C+1ZC—K+?$%/^
Z''C?@+hm&'C __shq'B)*&*%/^+9(&'7 =HD+A[5…8)'* ;&'U :`=?T'C d˜=&'B ;?@)'U W%=%D
sZC,(D)B+·.&0+&F.@+;$&U+&7+&.A+7$/F*+h&C+E)¼)0
IA(/K+9^?=&B+&7+)Y$&U+:?$?@,0+;pC+4+.$)(+%=%D
A*9R+E9R+A+5+7)*+d+5>+__s?$$@,0+P(&8}^+A*).G+;&B)*&M+%$@+)(+&.)U+Z+ƒC+d+5> 9(
1A'''''[5C+&'''($)*+Aa'''B?@+A*)C?,\'''58XX+Ij+5+7?@&'''0 &a'''B%+=+&.&'''cO+$&'''U ;&'''U __s@,'''8
›?=)*&''O &''C ’H,''8 %$&''U A(&''./.@+&''0 ?$/''C ?$&''U =&''C&7+o&'8&U+__sA(&'.$$T*)F[^
{h$$@=&'8&C+ •&M=?@+! $&U+;&0&[ac./39^+?$/C+E%,K?$&.V&C+?$%,B%/+7&M+?$&R)^
_ˆˆ&*)8&*+;T*&…+7&8+;&^?DH@+$&U+&a+5…C
?$)'''R/8?@+b&''''.?@%+=&C+$/''C x*?@Z''C ?$&''.%@?@+;+=$)''U %T''.9^+;=$?@&''C &''0?p>
_;=)C?@++N+E).=%D)U+;&0&*98
IPi.H=+A*)0&cO+=&B&7+%=%D
&'8&U+o9'( _Z'R b—5M&'C Z'C?@+ =&M+1&5*+=)R+_%$+,C)C+`+=&K+A+57+__?,+5C++N+;D%${
;,.&'B AF+.=)'an?=+1J$?+=+hm&'C __`°'C b)R&C+E%$@,8+;$)*+ZC?@&0+&aB%=+:A*%D?@
WW@,0?@+$)R?=
f&'''0&.+?p''>X+jR&''*=?@+$)''R Z''B A[.&''C&7+E)†)0&''cO+)''C &''(%$&0+IA''(/K+?p''>
&7)''''B ;)M&+7)''B &''F*/R+S?,(=)C&''7 ?T*&''C ?$&''5*)0?=)C$=)0+$%/''^ ;?=)C&''7 ˆ$/C$)''R
;=)0/'i5U+ ;%D?=)3+j8+;?T[+5M+%=%D+_h$/C+$&U+AaB%/^+AR&0+¢8+$?$$@,0+&8}^
P'3 ;,'C J&'*)*&(+_E&'C?@+E)5*)0?=?$=&'B A[+5\'* Aa3+=HD&C+;&>+E%=&09*+S&5*+$&U
WE&0?@+Z>+A0=?@+&*)8D9+ƒ8+?=&09*+$&U+j*%D)*+A+5>+$+&.%T*).9^&7&0
 ”tt ./0'123'456+*67
%T''i5aB%+=&7+__$/''C E)0&''55[+5\*$D%=+;$—''K ?/''5(+A*)\'''*&>+A0&'.%/^+:E)'8/K+Z'C
A*)0&'''r)*9O&7+$/'''C 45r)'''*9O+h&''''0&.+)''[.D+&''.9C+S;V&''()M&*+?/+.+=&''y5>&7+;&''0?+=/0
 «
A*)[+5\+5>+=?$)C
{?,\'''58+1Aa'c.$&39^+;=)K@=?$=&'> ;&(&–5'B $&'C )'FC+%/'^ A'i.)aB+4+5'B&0
%/''^ &''55*+?$&''U ;&''U _?$)''[5M+A'''(=/0+%T5a'c.$&39^+;+V)'C ;&'ƒ>+&[a'i.&K&7+?$&'U
;=$/[''''B AR=&'''M P'''c.$&39^+?$&'''i.V$&7__s=?$@%@+&'''()FC+;9'''^ ?$%@ ;=)'''.,C
_Z[+.D&C+;?@+&.%}B+1o%@)>
A[+5a''B&+79(+A*)''5K+$/''C •?+=+f@+{%@;$V+A*)8?D&''7 &'''.A(m&MGH=+?T'*?$%/^+$&'U
h&'M%=&n+A'F5^?DH@+A*)0&'7?$)U+ A[+.$?+,8&^+$V&B&(+9C+)Y$&U+__?$%@+;&+ƒk[5K+%T+5(
f&'''M )Y$&''''U __E)C?,\''58+&''C $/''C __?$?$/C$)''^ @,''0 ;p''> L.=)''KGH=+&''0 _?$)''[5M
A09+7?p''> AF+.p>%@&'''C $/'C ,5^&'* $/'C b$)'C &'0 ;?$&'U ;%$@+p'>)C+&'C $/'C ?$&'.%+=&K
_E)i.=&>
:E$/C)'0D9+7)U+;$)'R$+,R+__?$&'()FC+ h=&K+;9^+Pi5*%@+?$/*%/0+=).@&C+E)5F+.GH=
@,'0?@+Aa'B&M+__@,'0?@+A*)0&'R)O+;}+5'M ZC&C AaB&M+__%T0&.&C+$/C%@+A*%$)R+/+5*
)'( :?$/'C J&0&'3 $%$&(+?$&*)\5Y+PB?@&C+__?$&.9^+AaB%/^+$?@%pU+PB?@&C+%$&U
_?$&.%+,C+1;T*)F[^+;T5U+S$/C+ž&n&*+&k*&(+%@;9^+;,\58+?,n+&7
A*)''5K+?D=&''($&C+&'''.&*%$&7+__s;@+J9'^ ;$)R&'C J?$&'U IA'(/K+1;T*)a'B?$+%=%D
$%=9'Y ;9M&'C E,'­ E)0?=)K@=?$=&'>&0+:+A'C$/C+&'0 A0&.?/53&C+Z˜/k3?@+:ZC%@
_jC?@+/.@&*+1E,8?@+=9Y

?=9''Y h&''U 9''C ˆ³_@X+)'''c5+A8).&'> ;?=)'C=?@+;&'0&5[.@+&n&'c7&n+$%$)'UGH=+A'(/MV+ «

_?$)*+?$&5*)0&7&K+;&+7&0+;p…*?$)^+b&.?=)8G&C+E)5+7)>+&*)8)˜&U
?$&'''U {`$@?@+?$&'''*)]5U+Ar)''''*9O+h&''7 &''0 %@?$&''7 &''ia+5*+A[.@Z''C %/''^ A(%D&''C hm&''C
&''ia+5*+;&'*$/†&0+;&5±5'B&8+$&'C b&'* __?$%=@+A*)'i5>+;?$%/+5 '3 &'[.$+" $&'C &'.A[.@ZC
S&''C o9''^ E)''557+_=)K@=?$=&'''> ;&'UXX+IA(&'.$/8=&n+&'0 _?$%@+;&'.&($+h&'C E)'55k*,K+$}'.=
_E&0?T5R+&0+j*%D)*+E)539^+&*%$&U
 !"#'%&'()*+,-  ‹‹
_{)8&*+$&U+;T5U+ZC+$/C+b&5R=&M+&0&.9M{
&''0 $/C?$&''U {h&''FCZ>+;$&''U A''B)C+:?$&'''8&FCZ>+;$&'U ;@).&'0 P'3 j.q'>%,^
_hT*%/+53?@++N+A+./K+1$)R+Id+5+ƒC+E).+u)0&[ac5C+1z*%$=
?$&''''U E%$?+=+/''''F.=+Z'''''C$/C+@=&'''k5C+;?e'''5C+1Z'''C$/C+E$$=+;)'''k5*+L5F+5'''B&0
AF+.=)'0)U+&'O?@+ +;?$&U+;%+,+.$+zM)0?p>+;&U+A*%D?@+J9^+b?$=&M+_&]ac.$&39^
WW$/C$%,^%@+AF+.=).@)*+ˆˆ$&UXX+f)>+&*?TC+;)B)U+E)(9^
j.$/(,Kf&''M N A''O=+L.=)''Y=HD+WsE$/C&''* =%$G@+;=HD&'''C A*)0?$&'*@,0pC+;&'U
A*).&''C 1j''.,C=?@+$/''C%$+q''3)C+:?$$@,0&''* A*)''0?$%,^%@+&'''cO+&'C E)']0=?@+&'F*/R
_&.%/C&*+&„%=+$+,+5K%@+$%+,+5k+7&M&C+E)5ac.$Z>+1&.)*$/C+E%$?+=/F+.=
9'''C ;%$+A''''./K+A''R9C+Z''C E)†)0&''.`/K+;)(&''^ %@A*)0&''cO+A[a''c5C&7+=&''K&U
d''5>+Z''C%=@ ³%/''B =/O&''C E)8&''Fy+./K&0+__sE?@&'''* 4'5(+v'c5C+j.$$@,0=&'* P'B$=@
s__?$)*H=+%T+5(+;?+=/O+$&U+A0+A+5+7)*
&'F*/R+"WE$)F'3 %@?=)F(&+7%/'B $&'U AaB?@+,+.G&7++=$&M+$,n?@+)M?T*&R+&0+;)U
$&''C d''3&^+9'''C ;T'5U+__$/'C $/C&'* f)'O o)'C %T.&0&'i5>&7+)a'i5M+J&+7%/'B ;)a'B?$
AaB?@+,+.G&7+;$%/+53+1;+,+.$+$+,+5K&C+1E$$@,0+AaB$=@+;9^&0+`e+.=?@+&*%T.=&n)U
__WsE$/R=?@
IA'''(/K+$)a'''B&M++N+;=%$)''''M &''.A*)C?,\58+;T[''B&>+1&a''c.)3+;?$&''U J&''*)*&(
h9'^ A'B$/*?=)R+ ;=).+,C+1w%/^ZC+&.%$+q3)C+__E&FC+h=)KD=+?T*?$%/^+h&U+x[R&7
"4.T*?$%/^+&8&FC+h9^+Acn&*+1w+P+53+&.%$+q3)C+__h?TC

IA(/K+$)c+7&M++N+;=%$)M+)>)>+&*90+)Y$&U
S;+=&'>$&U+&a.$/a'i.&K+%@%/O&'( 1;=)K}+.=)>&'7 Aa'B%=&C+sA'R A57?@+?$&U+:%=%D{
N J&[.@ZC+h&U+)(+;$$@,0+A.)†`=+1;$/C+@)3+4+.T*?$%/^+;=%T.@&C++AC&*+1ZC&M
__Z'''C %/^&'''C J%$+,''''C ;/5*&''( N ;&''k.=+&''(&M+;&''.;=%T*)]5U+$&''U =&''M __?$/''R=?@
  ‹! ./0'123'456+*67
$,+5'^ ;/.@$&'U &'a5*&.&k(?@+ )(+)0?@+Pi+50$&+ƒY+&(&M ;&.;D9B+f@+h&U+oV$&8&7
_=&3
PB?@+&*%D&8+o%$+_A3&C?$+=&n+$,+5^+P8?@&C+:PB?@&C+:$)R&C+I&+7&C&O&7+J?$&U
_?+=&n+;,+58)U+Z*&(&C
:;q[.@+ZC+ž&0+$/8&M&7&0+;?TC+E)i5>+J9^+)M?$+%T[8+;$)R+L+5>&7+`$&(?@
P'''''B&M+?$&''''.;DHp>+E9''''C h&''''7 _he''''8?@+f&''''M N P.DHp''''> A''''*9C+h9^&''''C o&''''C
P'*%/58+Z'C L5F+.$&'3 9'C )'C W$/8=&'–C+ ?=%D)U+1E%G+;&a+.$)U+h&0?@+b&.A(&.)39^&C
?$9''( 4.}*&''7 =&''M Sh,''kC+%T''5(+;?,''O9U+h&'''C)*+4'3 45[+./'3 &'[58?D+h&'U =&'B&7+__w
_?$&]+.$&~?@
IA(/K+)Y$&U+:$/C)B&>&~+;$%$&(&C+%=%D
9''''C Z''''R?@+b&''''.)k+.=+?$&''''F($/7+$&''''U =&''''B&7+_Z'''''C)M?$+)'''C &'''0?=&K+P'''*9R{
A8&Y=&B+h9^&C+o&C+:&.)‚)\C+)a0&(&7+@,0?@+hD&~+W&0?}+.=&C+_%=%D+;&0&($&F3&U
$&'''U $?=&'C %,+5'^ Z'C?@+h=)'R)*+&'F*/R+d'ƒ5M?@+P+5Y&'C _j'.$?@+o9'^ u%D%/'^ %/O&'(
ž&'0 `$&'7 j'8 ;&0&($&F'3&U+?=9'yC+9'( _h$&'FC+;)'.,n+)'0?@+=%$)'M &'0 hH+,C+&k*?@
d''5>+__&.Aa'3)U+;=?T*&'C 4'.=%D/K%=+$/8&'M 9'C j'8 ;&0&($&F'3&U+__+)'K)*+Z'> A*)'.D
_?$&[+.$&l+j8+;&0&O?=+&.;$?D+=&B&7+E%$)8%@+&39^
AF+5*)''8?D+_+h&''0)C&C+P*)''5K+A*)0&'''8&^+&'5*+h?$&'U A(m&'B?@+h9^&'C o&'C hm&'C
E@,8&''7 J&''0?T*?$%/^+Z''*%/aC+%@)'''* f&'M =&'B L5'B&0+1Z'R?@+=&'B&C+e'.=@$=$$@
_;G)*+o9(+;T5U+:?$&.%+,C+$@,8+T*?$%/^+&*90+_?$&()FC+PB%=
__J/K+;%$)U+%=%D

! 6*FF-*eFd!'>,NB!2!,<"
:?$&'.%@?@+;+=$)'U %@;9'^ ;V=%/'R &C+:%@+=)Y&*?$?@+/+5*&C+;%@+A.?=)>+/+50&C+%=%D
o?$&'''U ;%+,''.$+:J/k*&''* f&''M A''5(+AR&''0 __`$&''FC+%@&''0?=&C).,n+=&''B&C+/F''3&C
 !"#'%&'()*+,-  ‹”
&'''.H+=?/5*+h&''U IJ/''K ;?@+?$&''.9^=&C&7+:P''i.H+=?@+1P''i.$)M?@+;D)''C ?$&''–.&0&C
E@,''0 f&''K&7+h&''cO+1h)''k.=+&''[()M+;&'''*%$&U+_?$?@=%e'C A*).&'C A*)0&'>%,^+;&'*)0)>
1h$/'''Y E)'.?@+$?$&'¨)8?@+E)5*)0&'3$+$/8&'M o%$@&'8&7+__WE$/'C ?=&8&'B $,.&'B
_h9^+Acn&*+A0%=9^+&8&0+E).?@+1h?@?@+E)5n,7
AF+5*&'''|@+$)a'c.$+f&'M :=&'C&()M+AF+5*)'3 &'($/7+b&'5.=&y+5>+&a'i.&K+%=%D+Z'()0
A''''R  #W?$&F+5*)a''cK=&8+&''(?$/($&0+%$&''U A''*%D+“9^&''C&0+__J$&''0=?@?$++N+;?D)''(
A'F5K=$D+__?$&'*$/R?@+o?+=+__?$&'*$/R?@+=$/'B &k*&(+1fHT*?D+;$$=?@+__sZ[5…C
%T'''5(+;&'''0&79R+;?/.,Y&'''* $=?$&'''7&>+;&'''F>,R&*+__)'''5K+1P'''^?=@+Z''''C A*&''($$+=
J&'''*)*&(+:$/C&''* ¢.)''O Z''> A''F.=?$?T[.D+''5M+A''*%$+=+;?@+%@+4+5+7H@&''C WE%q''c5C?@
:@,''0?@+%T'5>+E).9^&'C&O+;=)'8 ?D$&'B &'0 ZC&'* `=)'Y =)'Y :).G?@&'* %T'5(+A'3?T*+=@
?$&'U =&'C&7+=&'M Sj'yC+$)*&'7 P'c.$+E)'.?@+ $&*$/C?@+p>+&0$/C?@+%@&7&~+$&7+L.$&U
_ˆˆE%=)8+A*)aB+=9KXX+$/C)*+$)*+E).&+7H@+$&U+E)0&*%/3
h&'C %@$$@=$/C%=+&7+&0+;pC+?$&()M+:@,0+Z(+E).=&B+j.,+.@+“=?$?pC+$)8%+=+{%=%D
$%+,'C ;9*G&'U ;}+5'M ?@=$+?@=$+__@,'0 ž=/'O ;9'^ AF'i58+ _?$$@,0+;=?D/K+%@&+7H@
%@&'0)k+.=+²%=&'O &'7 ,'>/(/0+ &*?@,0+;$)R+?T*?$&U+=&M+_?$&()M?@&*+f&M+9C+;$)k*&M
__Z'R)*+A8?@)U&'7 A0&.?/+5'3 '5M+AR&'0 &„H,8+$)R/8?@&C+D&8/(+__A[5C+AF+58V?D
Ws&5*+;$)*+%@+E)0?=?$&*$/C+/+5*&7+J$&0Z>+$)R+AF+.=?$&*$/C
&'''k*)YV+jC)'''( ;$)'''R/8?@+:z+ƒY&'''^ A*)'''0?$)R+&''''*&|@$&C:$/''C h)''B=&B+%=%D
AR&'0 _Z+ƒ+5\'CZY&C+&[+./'3 $&'U &'0 %,5'K=?$++N ;$$=+__%+=&'K f&M+=$/B+A*)0&.A€B
__W$/'R?@+$%,0T*&'C ;H+=?$)'U ;$)'*$/O+ ;?+=9O&7+__j^,O+AF+5k*?@+__Pc5C+AF+5k*?@
;?@+&0+:$/R?@+&cO&7+4+5k*?@+&0,0+?=9Y&C+$/C+$%+=9K+&0&k*?@+T*).)^&*+;?T*?$&U
IJ/K

Z>+A–B?$+An%}5U+A+.,K+j+./3+9C++1J)0+9C++ˆˆE)aBXX+;,k3)>+&C+z*%/(?@+&]+5U+  #
hˆˆJ/'‡%+&'Fƒ¼XX+A'.,K+E)a'B@=/0+1E)a'BT[5M+;e'.=+?+=D &'C =&'M $%=T'F57+ ;&31+&[.&FC
_E)acK=&8+?@,0
  ‹  ./0'123'456+*67
)Y$&U+S?$?=&FC+A3+$&[+5\C+f&M+j8+;)]+5M+A*%/(?@+=&K&U+W%=%D+;&U+__%=%D+;&U{
_?TC+=)Y+AaB%=+9(+$? tˆˆT5M)3+&7+ET*&B+&+79(XX+;?=)C&7
J9'^ 9(+__A(&.$/aB&C+;$?D+?$&ai+5>&7+:?$%$@+?,+.+=&kC+1+ÐB?/C+J9^+A+5Y&7
1`}.,(&'( 2&'M &.&a^&'3 $&'U =&'B&7+J&'0&*$/C+¢^)'C &'C).=$+ &(%$&0+:A*%D?@,r)U&C
_ZC&*+@=$+N&>+=%/R
J%D)''U :%,['''5M%@+P'57+;&'0?@=&>+1)']5M+$&'U &'(%$&0+A'*%D?@+)*%@&'C J9'^ 9'( W%=%D
;?@+{;&'‰ =?@?$+b$)'* )'( Z[+5F'iC+ •?+=+A+ƒF+./(+A.?$&U+=&K&U+_&[+5\C+A+7&M+h&0?@
_sd+50+ˆˆj8XX+A+5+7)*+d+5>
4'5a^?=@?$+_E%G&'M &'.)[+5M+oH=&'> $,\'58+SP'c5C+ ;&*)cO+h&U+%=%D+?T*?$&U+=&M
$/''C A8&'''R&*%@+$%$&'( )a'i5M+hm&'C _“$&'*%@+%$)'U Z'C %@=$&'( ;,'C?D+,.G&'7 ;&'0?@&O
IA(/K+)Y$&U+:PB&C+A+ƒO&3+?$&.$$+=&C+AO?+=+f@+;&*)i5*+$?$&.)aB&M
_da''''3&K=&C+P'''57+$&'''[5\C++N+hD%$+_;G/'''0 T'''*?$%/^+9'''( I?/5'''B)*+h9'''( W%,C)'''0{
f&''M P5+7)''B&n+@&''C&7+1Z''(%TC+P˜=&''B 1ZC%@%=)U&''7 450&'''. &'.A*%,K=)C+?$&a'3V&C
_A[+5acC+?ˆˆT5M)3XX+h&7+&+79(+$@,0+Pi+50+,>+1A*)55*)\5Y+;,(+/+.D@+__Z*%$+=
T'*/(+E)'i5*$)*+Z'C “=?$&'*$/C+hm&'C __%$+,'C %@A*)0&'( 1j(/K+;&*)3$+! $&U+%=%D
?$&'F.,C?D++&'C d'i5*%D+__&'C?,+57+__H+=&'8 I`@,'0 ;=%$)M+?$?=/(+?=/(&C+1J,K+AR)O
_AC?$&aB%=+P5*%/(&0+J9^&7 A39^+S;$—K
?$&'89^+j'0 &'7 ?=?$+_;&'0?@+ Z>+A0=?@+o9(++AC@,0+AR&C+AaB&M+G/0T*?$%/^
$&''U &'7 $$=+j'8 =&'K&U+)Y$&'U _;?@)'* Hpn&'C %T'[8+f&'K&7+J9'^ A()'0 ?@=$+S&'i5[C%@
d5+7)'''B&n+@&'C&7+J$)R&'0 _&'0&8+h)'3)8&(+$&'i5[C%@+__sh&'FC+A+50&'7 $$=+;@&'U h&'0&*
_;,K?@+d5[.p3)*+&7+}+.+=+&.%$+;)*)8+{A[+5O$/[C

ˆˆT5M)i7%+j8+h)Ÿa*V%X+I+?$%,B$/*+  t
 ZC+TaM+__ˆ)[5CX+E).+ˆÏ%$&KX+E).+ZC+ˆE)5X+PB&C&8+)Y$&U+:&.&(%$+?,n+ˆTM)3X+;&3$
_?$&]ai+5M ;9^+b?$+%$&U
 !"#'%&'()*+,-  ‹¡
?$&[[+5'''''B$&R+d'''''3?@+&'''''0 _A8)K)*&'''''> %$@+o9''''''( S?$&[[+5''''B$&R+h?@+E%$&''''U
f&''''K&7+h&''''0?@+L.D&''''~ Sd'''''5*+P'''B&C=?@+_?,F'''3&7+;}+5M&'''C&*+1&'''.;=%$&[50&C&*
?$&'''. ;T*&89F'''3 ;$$=&''''7 $%T*)\''5Y&7+Z''C?@+_?$&'']…C+&''^&.+$&a''B?@+E).&''0?}+5M
j./'3&C+=&'*$%=XX+s%T'C E)0?$)'B$&R+A[($&0=&'B A*)'3 &7+;9^+ZC&M+4+5[($&0=&B
ˆˆ%@+;&0?$/($&F5[+./3+;%$@&C+&F+.=&0%=+&i58&M&0+`@+A.)(90+E)*$$@=+1j($&0
__&'*).?$&[()M+ %T+5>+A.?D&C+1oH=&>+)5*&(+j8&C+•&M=?@+E).?$&*T*)B$&R+;=%D)U
w &'(%$&0+_;$$@=$)'M 9C+h)*&>+1h&0?@%=+?$&[()M+%T+5>+A.?D&C+$&U+;,C?D+=&C&7+)5*&(
%@+j''8 Aa''3$,B+$)k[+5\''*&C+&''F*/R+;)''*%@+h)K)*&''> &'''0)(&C+o&'.9C+:J9'^ ;V+?,'K
Z'C 1b)C++AC+;=%/…+.=+;&U+_&(/5*%D+9(+)0?T+5>+AaB&M+G/0+T*?$%/^+;?$&U+S;$/RH=
=&''C &''‚,K+j''8 ;&''.)k+.=+$&''U ;&'''FC+,'r9U `$&a'3?@+=&'K&U+_?$?=&'[5­+?,+5'7 W%D?+=
W;9^+9C+&0&.)k+.=+@&C+{?T*&R=&M+__?@&8+;=&C+o9( ?,+5U+&8&kC)(
;T*)'€R+%@`/K&'C d.=)'KG98)U1+;@,'0 &a'B%+=)U+ h&*)($+h&U+;?$&U+=&C&7+&.%$+h)F(
_u)5*)\''5Y+A'''[.,(/+.D@+&'0 h?$&'U =&'M j'8 _;?@&'* N $/*)'( 1AC&'* p'K d'3&^+d'57
À$)'0 w$/'C J?=+%@+b&'.)k+.=+=&'M&C+&'.9C+SE,(&'C&O+ 1ž=/O+4+5R)O$/8&M&7+u)0&R)O
_?$$@,0
=&''''M :;=$/'''''C%=+%@+hV&'''C ?$&'''0&.?D@&C+P'''c./a3?@+__A'''.@+h$$=+$?=&'''C d'''a.@
=&'>Z(+%@+hV&'C 9'( ;&'kŽ+5C+=&'K&U+ _;%=%D+9(&0+d5*%D+E%+=&K+f&M+=$/B+J$)R/8?@&0
E)'. b&'.)k5*&C+A.?D&'C 1oH=&'> E)'. _hT*).&'K?@%=+ +¦>+A(&.)aBH@+A0&.?$,B+:&.)C
&(&8/a'i.&K&*+%@;=&F+7/'B =&'B&7+;%D?=)'3 b?$+hm&'C __d5'i^&C?@+Z'> b&.&3$+&C
_w+;D%=+E%T*&8$?,+5^+A*@,0+Z>+,+5^&C+;&.&ƒ>+$&U
1b)[8)'''''B&C+{?=$&''''K 1J&''''0V&n+Aa''''3&7+?$)*?$&''''F5>+h?,''''n AF+5*)8)''''B j''''8
_h$/C+T*&]n?=&3+P[5+ƒY&^+1AŸ.=&(&C+&0+&.+?$&U=&C&7+W%=%D+:{?$&*)./+.D@
&'„H,8+ $&U+&8&kC)(+?$%@+h=HD+AF+5˜?=+E)0&*)C?,\58+;HG9C&7+E@,0+=)KD+=+9^+9C
_&5*+J&]¤5*+1&.&+79(+{?$&[()M+%T+5>+A.?D&C+{&.%$+;+=?$)C+%@&*)8?D+h&7+;&.&*)0)(
Ws?$/(/K+;&8&U+;@+AF+5B&0+9(+&kŽ+5C+W%=%D+`=&U
  ‹" ./0'123'456+*67
@,''''0?@ ;%/''^ )Y$&''U __;T*&]n?=&''3 9''C &0&.A(&.)0$/''B &''[()M+%T''5>+A.?D&''C
A(&'8=).+&'7 ;&'.A(&.%@=&8+$&'U _$/'C?@+?$&'.A8?@)U+ ;%/^&7+E).+/C?@+?$&.A8?@)U&7
Ij''*%D?@+%$+h$@=&''8 &'''FyK+hm&'C _&'5*+%@A(&'8=).+A'*@,0+L'5>?=+&'7 &'.&M+%@?$&'[(,K
&'7 &'*%$&U+_&*)0?T['B&>+?=)'0)U+ A>9(+=&B+%@?$&[()M+%T+5>+A.?D&C&7+;=&Fi+5>+PB?@
;}'.=+ __ZC?@+?=$&K&0+E,K)*+Aa^&C@&C+;}+.=+A[5C)*+SE+=9*?@++A(+?$&*).9^+A.&FyK
''5M+&''0 E,K)''* ET*%/+5''3 ;}''.=+)M?$=&'''M __;+=&'> $&'U &'()K?@&0+E,K)'* ;}'B d'y5C
_?$&a+5ƒ+5M)*
L'5[8+;)'k5*+1¢'5(+Z'i0?@+%@$@=%/'^ f9'8 N&k+58+=&B&C+f)8&K+;)3)8&(+E9R
1£''.$+;%@&'''K E)0&'*)C?,\58+%@+j'8 A[5*%$+=&'7 _)0?@=&'B %@+2&'k*)C?,\58+=&'B&C+%$)'U
_j+7)()>+;pC+A+7)˜&Y=&B+1E=&C&7+E)5a^&B
L'''''5[8+E)'''0?$)F7?D+&'''a.,C?@+$)'''R ?$&0$/'''B 1;=%$&'''[50&C+o9O)O&'''B E9'''R
_z(ZC+AF+5ac.$+1h}*+AF+5cn&*+$/8&M+1E)0&79>&3+?@=$+A*%@)0&.&C
1PB%=+AR=&M+L5F+7&^+:T*).)^+;=HD+&*)0$/yC+&„H,8+$&C+E$/C++=?$)C+;&*)8?D
}5M&''C E)''.9^+&'''k*?+=+h&'C _E%$&'U ;?@,'0 I;Z'ƒC+9'( __E%$&'U P'B?@+&'*).%@+ZCZY&'C
;&'0)R=&M+&'0)R+&'(%$+:&'5*+b)'R j*%D&'* A0)R&'C E)'.9^+AR=&'M I%@++N+E)5nV+1@,0
_ž&C+$&*)8&U
;?=?@+A''[5K}8+$&''U &'''0 &'.?$&U+=&'M Aa'B%=+`,'(/K?@+A'5>+%@&'*)8?D+h&'7 ;?$&'U
A(&'./5*%D+ ?,.&B+=)an?+=+&c.@&O+$&U+__A(&./5*%D+?$/ai.&KZ>+%@&*).%@&K+$&U+/+5*&7
j''8XX+IA(&'''.$/(/K+:?$%@+;9'^ 9'C AM%$&'K $?$)a'B&M+;&'0&(&ƒƒ58&7+A'090%@+9'C &'0
_ˆˆ&[8+L5aB%=+1d5aB%=
=&B&7+$?$)*+f&M+E)5*).9^+L5*%$&U+:?$%@+&*).%@&K+$&C+Z+.+=+?e+58&7+?=)0%$%@+$&U
;,+5''n A(?$%$&''(&C+ˆˆd5a''B%=+j''8XX+I+A'''(/K+;?=&'[.$@+$&'U _?$&'(&*$/C+P'5O+ˆˆd'BXX
_E$$@,0+A5.%+,8/K
A0&'''( AF'''B)*&C+%$)'''U W%=%D+Â+9'''( ;?T'''[5M+L5'''B&0+_@,'''0 ;9'''^ ;&''''cO+%$)''U
"{)*+! =)Y+=%D&M+1__)*+__)*+{I`@,0+Pk*)C+1;@=$/C%=+%@;V&C&0+S?$&(?$%@&*Z>
 !"#'%&'()*+,-  ‹Š
&''7 ;$/'''C ?$?=&'0 )'.=$+h&'0&.+9'( ?$?@,'0 )'.=$+{$&'U{A'.%+,8/K+&'7 J&'F7&^+$&'U
b)(+1f&890+;$+=$?=&C+J&0?=)(/K+ZC&*?$+_%@+ˆˆ?$&[()M+%T+5>+A.?D&CXX+A[()M+o$/(
:E$/''C %T'''(9^+Aa'B)U+&'7&0+E$$T'*%$@+J&*)'B&0+$&'U $?$$T'*%$@+J9'^ /F+7&'C Z'C$/C
E)()K)U+&[5F+7&^XX+IA+5+7?@&0+:;&^?@=?@?$+J9^+A[8=&3+E)0?=$&K+?=%D)U+AŸ.=&(&7
;9''^ ?$?,\''58+$?$&''[()M+%T''5>+A.?D&'''C ;)k*)0&'7 j.=&'C ;=$&'M&+7&>+WZ'C E)'(9^+&'7
_ˆˆZ[+5i0?@
%T'''5>+A.?D&'''C =&'''B&C+ED&'''8 A*)'''5„+:j''''O?+=+f@+E)0?=&''[5Ÿ+7/^XX+IA''57?@+E)''3)>
ˆˆ?$&a+5C?@+T[+ƒC+?$&.9^+=&8&7+;&0?$&[()M
A*)'8?D+;,.=&'( 1&'K&C+P'0=?@+P–K&'a5()M+J&.&'cO+h&'C ;&7&~+$&U+W%=%D+;&U
_$/C,0+J9^
S&'.&M+%T'a5(+;&'.?$&[()M+%T'5>+A.?D&'C ?T'[5M+$&'7 ;}+.=)'€C+P'39^+ ZC?@+E)c.@
1j''5F[^?@++N+E).=HD&''0 ;)'''U __E?/+.+=&'C 1E9'( A'i50+T*&'8&0+E&'M %$+;=HD+&'F*/R
WZaB&C+“?@+&]i.?$+E)5i.=HD
1A*%/Y+;=)C&C+P[8+;&0&+7&(&8+9(+:?$&a.&FC+£B+L5[8&7+&0+d+5+7?@+P+5>+E)c.@
A''R Aa''i.&K++A'''( ?$&'3?$&7+:?$$,'0 d'5R+1d'50+j'8 P'5*%D+$)'[5M+f&'M %@A[.p'3)*
_Z[+.D$&K+PC+1ZC+J=)k*?=&C+Z*%/aC
;9'^ 45a'3 '5M+$/'C 4.}C$)'R I`,­+$/C+Pc.$Z>+T*?$%/^+=&B&7+f)~+=&M&C
A'R %@;?$&'[C A[C&'7 $%@+’H,'8 A.m$/O&'C @,'0?@+;9'^ __?$&.%=@,+53?@&*+=&C&7+9C
_Pc^?@+;=?@?$+&.&M+;/+.D@+1o$&^
=&'B&7+;?@=&'> $/'R?@+S$/'C &*)8=&'3 ZC+A3&0?$&[()M+%T+5>+A.?D&C+W`+=&K+N+9(
9'C E)C?,\'58+%$)'U A'F58D9ƒ8+$/C&'* ;9'^ A'5Y+ ;@&U+SA+7)8?@+f&M+j8+A*)0&.Ak*&*
A*)0&'.A[+5\*+;H=)8&'K ! &'0 ?$&'8&FC+&'B&0+$&'7 &'79(+$/C&'* h9C+;@&U+s`,­+;9^
WsZC+h=)KD=+AaB?@&71d+5[C%@+h9^+9C+¯=&8+E).+__h$/C%@
:Z[+58&''* &''3)C%$+’H,''8 L5(&''….)(&C+__Z''C 45a''3 $/8&''M&7+;$)'''R 4'.T*?$%/^
_?$&5+790&C+`,K&*+%$)U+A[5…*$+L5„H,8
  ‹« ./0'123'456+*67
1A*&'R%=+ZC%+=&'K $)[M&7+A+79M&B+b?$+o%=%D+_J/K+;%$)U+E)55*)\5Y+A[.,(/+.D@
IA(/K
9'( j'8 %=?$&'U A'3%@)>&7+ __?$?T*)0&(+J9^+A.$?+,.&>&7+P[8+WE)i5*$)*ZC+;&U{
_&.`$&7+%=%D+A($&F3&U+?TC+&.&F($/7+$&U+A˜=&B+__h$?+,.&>+&a5…C+h&0?@+x*)C
E).D&'''''~ ;&'''''*%$&U+9'''''C :&C%@=&'''''B ?,'''''n __&''''''*m%@+Em%@+1•%=$+h&0&($&F''''3&U
__&'7HT*?D+1N&'K 1¯=$D+A'3&0?=&C+$=$?@+&'.&M+ A0)R+;/5B&>+)*&>+&.Z0=)39^&7
_?T'*=@+1?T*D&'K 1b9i^+;=?$?T[.D+$=?$&7&>+&7+`@+;&»+__&k*&C?D+1+=)Y+&*?$?@
;?$&''[()M+A.?D&'''C Aa'B?@+A(&0&'3 1=)*&'0=&C+1h$$@=&'8 /'5*+;$%=9'( E).G&'7 ;9'(
o9'( h$/C,+5'n j8+E9R+:;&FC+$)R?+=+j8+A[+./3+1A+.=&0+&.?$&U+q3)C+{%/^+/F+7&^
_&.)*+E$/C,+5n+AF+7&0&C+ZC&*+L.=)F*$/8D&U ;=&K=)0+:&C,+5n
;&''*$/†+E)58&''U :&''FC+&'''cO+?,+5'n J9'^ h&'09+7&M+$=)'8 &Ÿ'3)U+f&'K&7+?$&'i5>&7
q'0)R+&'*%$@+$&'U)C+_&'.H,0&8+AF+509'i^+ E)5i.$&U:&(&]+7&M&C+$&*)0?=$&K+?=?$&*)Y
_jC+E)8$%,0+Z>+e+.$%=+;&*$/†
;)'''k.=+_E)'''0,n+&'''[($&0+;&'''i.T*&U+1p'''C 1J$&'''0 `= =&''''B 1J/''K ;$)''U %=%D
hm?$+ZC&'''C h)˜?=&'''B :@,'''0?@+9^&'''7 ;=)5'''B,>+P'''3 =HD+;?=)''''C=?@+1A[˜&''U?@
_?$&.)8?@
1f@&'''7 &'[50+T*&'R __?/'.D@+1P^&'C@&C+T*&'R h$@=&'8 IJ/'K ;?@+%@;9'^ A7@&'7
WW&*)\*&>+Ak*&*
 &'()kC+;T['B&>+ 9^+ZC?@+)Y$&U+:&.9^&Ÿ3)U+__&ac.$&39^+’H,8+I%,(/K+d+5>
sZC+f%D+&.%@+J%D&7+;&.A+79B1+b$/B+$&U+=&B&C)(+b&.&ƒ>
L5()'0 E)8&'M&7+:P'c.$?@+o9'^ ;9^A(%D+h@=$/C%=+%@+4+.=?$&*/C+;V&C+)ac+5U
 $%@;9''^ AŸ''3&U+&''7  ;=&''>$&U+&(?$/a'''i.&K+?$&'[8+;V&'C :?$?$/'C?@++N+A'O=+%@
;9'^ A(%D&'7 AO=+?T[+5M 4.=?$&*$/C+5M+?/.@+h&*+)ac+5U)(+_%@;9^+A[5*%D+b$/B&C
_&''.&M+A(&''.)*D&8+$?$&''*$/C+T''[ƒC+%@&*@,0/''B h&'''7 $&*T*)F'3%@+?=9'Y h&'7 :?$&'a5…C
_%qc5C?@+A[($&0+).,n+;=%$)M&0++AC+ˆˆ+V)C+A„H,8XX+?=?$&*$/C+$&U+&5*+L.=$$@
A''[5*%D+b$/''B&C+1ED&''8 ;?$&''*$/C++N+•=+;$)''5>+&''0 j'''.$?@+o9'^ h&'*%$&U+j'8
_ACm)C+?$&.=&B&C+1ZR=?@+;9^+&7+’H,8+&ac./5>+&F*/R+SE?=$&K
 !"#'%&'()*+,-  ‹#

! 0>&$1!!f.2&
;?$&U+=&C&7+$@,0+A.)5*&(&C+AaB&M+%D%,(+E)55*)\5Y+A[.,(/+.D@&7+%=%D+%@&()0$&7
_%+=&'K%=+ A3&7+A8%T*&U+$/8&M&7+&a^&3+;&ƒ7&0+&*).%@+1b&.?+,K+&*$/C+,.&B+;%=$pC
;)K+=?$&'7 /5*&'C b&'.?$)8+1%@;9^=&'C&C+?$&'.)[+5M+ A(%D+/F+7&C+P3&*+;9^&7+AaB?@
$/'''C %@/'50+P'i>&C+L50&'.?$)8+__A'*%$+=+;?@+{%@)'.=?@+=&'B&C+&'0 @=$/'C%=+%@+o&'K
$/''C E$$,+5''C ?T'[5M+:?$&8&R&F'3$+AF+7)'8}5^+1Em?@=&'C /'5*+&'($&0+1£'5K+?@=&'M&C
A7@&''7 1J)'M%@+h=&'K A'3&7+$)'[5M+;9^=&'C?$+A'(%D+&'0 ;?T*?$&'U :;=)'C?@++N+A8)'B
IJ/K+;?@+{%@;9^
&'5*+=$$@+_j'R?@+1j'.@+%@?=&'c*%=&B+h&'C u%D&'* w?$&F+57&K+%,C+A*)F.}*&7++AC?@
;%$@+;&'.A8=&K+$&'U __ h&'0?@Z>+Aa'B&M+A.)5*&'( ;%$@+;&'.ˆˆg'*ÒXX+A*%$?p8+$&U
A*)''5K+1Z''C@,0+A+7&''M ?$&'''*%$&U+;&'B)*&M&7+;$/8&'M `=&'K?@+{%@+u)5K&'C &a^&'3
_?$&­@,0+¢3+1h=&*
?$&'''0&.&F79>&(+=&'''B&C+$@,'''0 A5(/O&''''ƒ8+%@;9''^ ;=$?@&''C $@,''0 A0&.&a''c.$
1&'''.&0&79K$)K+;$m&'''M $&'''8,>+D&''''8/(+A''*%D+ZY&''C P''B?@+W@,''0 ;@&''C AF+5*%+=)''K
_?$&(?$$T*%G$/C+A+7@+b&.)C+&8=&*+b?$+)Y$&U+__?$/C)M?=
AF+5''''39M+$/8&''M &''F*/R+:@,0&''* %=%D+;?$&''i5>+&''[()M&C+Aa''B&M+''5M+2&''K)K
4.$)O&'3 T*&'R %=%D+_?$&'.%,[+./^?@+{%@+E).=&'B&C+$/'C ?$?=)(/K+$&U+;V&C+&0&7)()>
L57&''K)K+:+$/'R?@=?@+?$&'*)./+5*&7+P'c5C+AF+58$@=&'8 A'k*?@+AR&'0 ?$&'i5>+&'()M
%=%D&'''0 __$/'C E)5+50+=/'B ?=&'B &'0&k*?@+A[+./'3 9'C :?$?$/'C%@+;&'Ÿ7)U+?$&'.;=$?@&C
1Z''''B$/*?@+;9^&''7 $?$/a''i5*%@+?$&''55*)8}*&7 b&''.%,C)0+%$&''U IA''a.@+%@+=@+;)''k.=
_?$&[+58&+ƒB&*+A+57+)FC+E)5ƒ.)O)(+Z[+.$@?@+2&K)K
&'0 E)^)3+/+5*+;=)KG98)U+1E%D%/^+Aa3)U+;?=&C&7+$/C+4+50&.+E)¨&0?=&0+&cO
1;=)''''C?@++N+E).,\'''58+$D9'''B A'''i5*)0?$)R+:j'''.,0?@+{?@=)'''.@+A*)'''5*+1AF'''B)*&C
_?$&*)k[.=$?@
  ‹t ./0'123'456+*67
__A''''R AF.=&'''^ `=&'''U IA'''B,>+A'''57+?$&F+5*)'''B&>&~&C+:?$&'''i5>&()M++N+;%=%D
j8+S&a0?=&K+9(+&0+&.?$&U+=&M+h&0?@+;%$%@+?,+57+j8+;?$&U+I?$&.%@+A8m?$+&0&8V?D
%$&'U __E?@%@+u)'.9^+A.)'*%@+A'B=?@+&'0&7&K)K+da'c.$+:d+.+=&'K?@+E)'.G+ A.=)5a^&C+&7
$/C)8&''* A''3?T*?$&U+_&''cO+1E)''8D+&''][+5M+E)'''5C+dF.=&'^ 1?$?@,'0 ;V+$)k*&a'i5R
WW;?TC+4+5(+E)]+57+A()M9(+&cO+1P–K+&*$&FC
&''[5R)*+}5K=&''M :&''.&*++N+E)8&''79K$)K+$&'''U A['3&R&C+$?$&'[5+.+=&K&*+&']5U+=&'K&U
_zC+e+.$)0+?,+5n+?$&7&K)K&7+ZC?@+1&5*+=)R+_?$&*)Œ)U+A($/0&7&8
?$&''U ;,+5''n hm&''C %=&''K *%D)O&''C N A*)\''5Y+$/8&'''M ’H,'8 =&'K&U+%@+L5a'B%=&7
A*)K?T[.D+ZC?@+{?$&()FCpC+A0)R&C+L.$&U+?$&a+./Ä+1`/Ä+29K$)K+b?$+{$/C&*
;@=?@+j.q>%,^&'7 ?$&'()0&*+e+.$)'0 ;9^+;pC+1P+5C+&F*/R+_:ZC&M+9C+AF+.@$/B+
;@=?@+’H,''''''8 A*)''''''8=?@+Z''''''C ;@=?@+o&''''''0H+,8&U+__?$&a+5a''''''B)*+f&'''''''M ;9'''''^
Ws?$&*&0)*+}+5C+__A8?@+:;$)R+:A*$$=?@+&*)8?D+h&U+;&+7H=+h)0+_&.ˆ?$&*@,0}+5CXX
A˜=&''B J9'''^9C+;T'5U+__sP'5*+&'F7&^+&'F8&M+h&'U b?$+=&'M o9'( W hV?D+`=&'U
_?TC+&0&7&K)K
o&''8&U+:%=%D+&''.%@+A˜=&'''B )Y$&'U :E@,'0 ;&*)'cO+h&'U E)^)'3 /'5*+;=)'KG98)U
;,'C f&M+Ak*?@+:%+=9K+;=)c^$$=+_?$&aB%/K?@&*+&0&7&K)K&7+;$)R&0+;?$&U+;%$@
IA(/K+$
ˆˆssd[+.$@&U+Z0+__$&5+50+?$&UXX
IA(/K+:$/C?$&aB%=+&0&.;$?D+=&B&7+%,+5^
?$&'U :A(&'.$)R+ ?$&U+:A(&.9^+%=%D+?$&U+__&.?$&F+.}+5C+$}+5O+$/8&M+=$$G&7+?$&U{
_A(&5+7@+o?$&U+:A(&58?@
?$&.;$)F''''c58,n+;$)R&''''C :Z…a''''i.&K+A*)''''Œ)U+A0&'''.&*D&^&C+Aa'''B?@+b?$
&''0?$%@$$=&7+E).=&''B 29K$)''K ?$&''i.V$&7+__)'''FC+AR)'8 %@+;%=%D+Aa'B?@+;=)8V&'>
W&.%,C)0$$@+h&U+&[.+,C+E).$)R+S)B)8
 !"#'%&'()*+,-  !‹
J9'^ A'B)C+ &aB&M+__;&0?@+j8+AB)C+AR9C+9(+IA(/K+1J$)Fc>%+=++N+;9^+%=%D
9'( __?$&a./50&(+J&0?=$&K+&*)8)B&7+$?$$@,0T[B&>+P+7%/B+;$/C&*+?$&U+9(+__s&FC
/'5*+&'a./R+$A'[5C?@+P58&'3ZC+%@;T*&'8&+7$?@+1E%T*&'8&+7$?@+;$)R&'7 ;$/C&*+?$&U
&''*%=%G&M+$&''U AR&''0 :?$&'''*@,0+9'C P'7@1ET*%G+=+f&'M %T'5>+J,+5'C $,+5'^ $?$&'*%=%G&M
s__?$&a.%@+E)58+V?$+;T+58/U)*&C
?@,'C h)*&'> ;T'5U+__?$&'8%+=&K+;T+58/U)'* &'C Z7&C+I?$?T*&B+;&0&cO+&0?=&F+7%/B
_A*%D?@+o)C?$&U+o9(+S&0&79K)K+=&C
A(&.)a'''B?$&7+?q'*%,K+z'i^&C+A(&.)a'B?$+&'0 ;$/C,+5'n ?,+5'7 )Y$&'U IA'(/K+%=%D
f%D+2&'''K&7+?$&'*@,C?/+.+=&C+D9'B &'C ?T*&'C ;&'0&[5*%}+57+&'F.=&*/M+z'i^&C+Sj'(,K=?$
_%@,\58+A*)0&.AB,(&8+=&B&C+E$/C
$&'(/O+$&+ƒ€'B &'0 %@?T*&C$=&'B h&'7 J&'….)(&C I?$?T*&B+;9C+E)c.@+&0?=&F+7%/B
?$/''B?$)O&R+&''[5R&C+1E+,''C?@+f&''M J$/''7 __?$$@,0)>=&''C E)5F+5'''3=93+E)0&'7&>&R
,''.G+&''ƒ.90+&''[5R+A''3=93+A()''B &''0 &''5*+E)\''*&>+P''57+:ED)'''*?@+?$&'*).&0?D)C&*&R
_ji+50?@?e+.=@+;?$)8+$%@$&8+&C$/3)U+1+o=93+__?$&(?$/C+4.}*+E)0&aB?@
)''C )Y$&''U :j''C?@+A^)''. A''57+&O?@&'''B $,+5'^ “=e'5C?@+A'5>+;?$&'U &'FyK+A'[5R
jC+E).9^+;).=$+E)0?=%T*)8)B
;)''* ?$&*)5*)0&F''B&(+&''ƒ8&7+ZC&''* &''FR+&''FR+;&''*%$%,[^)U+?,''n?@+$&'''U 9'C ;%$
1A0)''>)*+A''[K=D+;=)k*?=&'''C L'5[8+_ZF'3?@+E)'5ƒ8+$$D&'C$$D+&'*%,n?@+$&'U :j'[57?@
{£r)''C A0&''.?=$/>)U+$/8&''M 1j+5a''B &''79(+;$/''[5(+A(&'']7&M 1b)[C?D&'''r A'B?$&M
_?$$@,''0 ;H=@+&'.%@+E%=%G&'M /5*&'7 ;=)5a^&'C IA(&'.$/(/K+;&'B&0+$&'U _?$&'(&8$/C
W`D)*)*+?$&5+5>+1Z[5C)*+E)Œ)U+A(/0&7&8&7+A39^+29K+$)K+;&kŽ+5C+&(%$&0
{J/0&''7&8+! &''7 A''39^+$e''5R+E)0?T*&''8&+7$?@+A''R9C+;&'''U IA'B,>+%=%D+)Y$&'U
sE,K)*=?$
d5O)''( A'R9C+A'*%}C++N+;q'3)C+j8&'7 9(&'0 WA'*—n+IP'i.H=+;=&'B&7+&0?=&F+7%/'B
=&'C ?@,'C h)*&'> $/'C E)0?T*&'8&+7$?@&7+dO=&'0 $/C&*+?$&U=&C&7+=&M+;&U+__s?$&a.&0?@
  !! ./0'123'456+*67
A''''B?$&M+__E+,''''B $@=)''''B E)''''.$)R+:j*)5*)0&*)8)''''B ;?T*&'''''C &'''*%$&U+__sE%=%G&'''M
A*)[+5M@/''B&C+$)[+5>&'7 ?$&'F.=)C+&5*$/a'c^1E$$@,0+J$?D+A'7@+E)8)'B A*)*?$&'F5>
h%=+4+.=&'Y/K+$=&'Y&K+P'B?@&7+&'5*?$&U+__=)0&'*&‰+ b&.9M+PiK+4+5Fƒ+./*?=&B+=&M
?$$@,'0 h%=+o&[5R+$&U+PB?@&7+_Z[+.e5O?@+%T*)Œ)U+;$$=&C+E)a5a+.,./^+:?$$@,0
E/.D&''C%@+?$&''*%p>)C+$&''7 P''i>+$)a''i>+?D=&''( $&''C 1E&a^)''B 1E+,''.D+;&a'''39>+&'0
=9'^ ?,'3 1E90&'7$&0+A'[5R+ PB?@&7+)M?$=&M+__E$/C+jB)U+A0$/*+,R+E)5*)0&˜&>
E)5'i5*)0&*G+:?$$@,'8 %T'5(+E)55(&'.%@=&8+ A3H=&>1A(?$)5>+;=)8?@+&0+h$/C+D)C=?@
)'''5Y+%@&*)^&a5+7&'''B A*)0&'''. A*%D9'''B f&''''K&7+E$/''C —7?=&''C b&''.?@%=&C+&''*—+.$+Z''C
_?$&[+.,0)*
%@?=)''KGH=+h&'''7 _$)R=&'C &'[()M+b&'. b?$+%@+h}'* $m)'C A[5R&'7 u%+,'R Z'( $?+=9>)'U
%$@+&'7)(+_h&'FC%=+%T8=)'.,C+$?$?@,'0 hp'C S&'5* %@=%G&'M $T*&8&+7$?@+E%/+5*&7+;D%$)5Y
_?$&.;DH@+%@&0&7&K)K+/+5*&7+h9^+%@+²)*9O
%@+A*)0&'( ?$&'.&0?=)(/K+A8G$&'(&C+;?$&'U =&C&7+1J/K+;%$)U+Aa3)U+;=&…8).&>
%=%D+hm&'C _?+=98+&($&0+$%G&+ƒ3+29K$)K+`=)Y&C+;T5U+__%+=&K+&O?=)U+=&B+A*)5K$/8&M
Aa'B?@+h&'U $)a'B?$+&'cO&7+ $&U+)(+:A*&^?@+$&0?=&F+7%/B+&*$/C+;+,C+;$)R+&[5…0&.
I?$?@,0+Z>
h?@+?$&*)F'3$+&'($+h&'C $/C?@&'* :@,0+$$T*)8+J9^+J&0&*%$@+;T*/(&C+J?=)C&B
Z'''*%/aC+P'3?@&K+h&'0)*+=?$)C+:?$&'a.&‰+f&'M 9'C E)5'i./K+$/C?@&'* :?$&'a5[+5\C+f&'M
Aa''''c.$Z>+J?@&''K &''(%$&0+SZ''C J?$/''R f&''M &''O=+$&''U A(&''O?=?@+$)''FC+E)5''B=&M
9'( A'R?@+ ?$&7+q>+:P5*+&€+7&M&C+?T*?$&U+{ZC+A[+.$)RZC! o9(+_?q0/B+A0%=9^&C
_&.?$&[ac7+j./k*&M+1E/Y+&+ƒ.$&*%@&7+E).D&~+&0+AC+E)0?=9^+)5K$eK+&7
hD&''~ __&''[./k*&M&7+hD&''~ j''8 _J)'''F5>+Aa'B%=&C+I?$?T*%=D&'8 ;%@+&0?=&F+7%/'B
45''39^+&''8%=&C+1o9''^ h)''( $/8&''M A''3$/8/+ƒ8+__&''*T*)8,0+&'ƒ.$&*%@1&*$/Y)5K&7
;=&'''*/M&7+_`/'ƒC+%@+N?D?$&'( ;=)'C f&'K&7+%@+E$/Y&'7 &'i58&M+&F+5a'3&7+hD%$+h&'0?@
&[($&0+f)>+1?$)[+5M%@+;e+.$)0+&0+&5*&8%=)0+29K$)K+;?T[+5M+4+.=%T*)5K+5M %@e+.$)0
 !"#'%&'()*+,-  !”
e5(+&F*/R+S?$$@,0+=)KD=+2$/O+;?$&*@,0pC&7+;9^+?D=&(+$&C+__?$)[+5M%@+;=9^=&C
_E)B$)Ì+7&M+f@+;9M+&a+5C?@+?$&*@,0pC
%@+z'''8?D+;$$=+=&'B&7+_&'FC+h&'09+7&M+$=)8&Ÿ'3)U+;,.&'B &'(%$&0+IJ/'K A'5>+%=%D
&''a5C?@+`$&'''7 &'.?=%/+5U+h&'U $/8=&'n :Z'R?@+h&0&($&F'3&U+9'C &'.)k+.=+$&'U _E&'[.$ZC
E%=%T*)''''5K+;=?$&''a^&C+A''B)C+%T8&''0?=?$&*)Y+$$@+f&''K&7+?$&''F5>+)Y$&''U __u%/''58
?$?=$$@&''7 4''5k*?@+&''F*/R+S?$&''].=&K?@+)''( &'''C u%$+=?$)'R `$&'7 H,'C 9'( __j.&'0?@
=&'B&C+%@+h&0&($&F'3&U&7+o9'( d'R?@+?$&.=&'c.&>&C+L'5[8+:)'0?@+ +N+h).,n+;=%$)M
_?,n&'C A'57?@+%@;@=)'B&7+?$/()'M=?@+ j.+,+.D+AB&+790+&7&0+;$&0?@+%@?D)(+A[./k*&M
_9‰+A+57+J9^+9C+;T5U
Wž)*&*+;%,C)0+9M
ž&'0 $/8&'M &'7 E).=&B+%$@+&F*/R+?D%/‰+J&0&+7)()>+&7+J&+798+;H+,C+;?$&7+=&C
E)'5*).G+A.)'*%@+1&n&'c7&n+;,+5'n q'B%=+ $q3)C+ž&0+$/8&M&7+1E$/C ,(D9c+7@+9(+9C
_;$$@,0
IA(/K+=&F+7%/B+)Y$&U
?$&'(&50)€+7@$&C+9'( &'F*/R+&'5*+qa'B%=+$,(D9'c7@+9(&'7 h&0&+79K$)K+W%=%D+AC)*&Y
_;q3)C+f)()C&7
IA(/K+%=%D+;T5U
1L.)a'B&C+ `$&(?@+?$&U+W=&^+4+.+=9^+;$/B+f&M+Z(+9^+;&M+{`+,C+J%$@+b?@
W?$?=?$&0+=$$@+d+57+;?@+__s;&FC+d>%,^+;$)[./k*&M+;&cO
;9''''C %,+5''^ L5[.)''( ;=&F+7%/''B __;+°+7&''M N ;&0&a''B?@+=%@+%=%D+?$&''¨&^&CXX
_$/R=?@
  !  ./0'123'456+*67

! #$3!F&
Aa'c5C{$/C@,0&'* A.)5*&(&C+AaB&M+o%=%D+:$/C$/C&*+/.@&*+&0?=&F+7%/B+)ai+5M
d˜=&B+1&aB?/C+W%=%D+I`e+5C?@+A+5>+$Z()0?@+;=%$)M ?$&.%$@&7+&F.@+AF+5k*?@+%$&U
_&0?=&…+5B+j8+S+;=?TC
?=)'8G+?=9Y$&'C A*)0?T*&'C 1)'5R+$/'C o9^)'* A'5>+:&'.%@&*+A'./K+ 5M+%=%D+hm&C
h&0&.;pK&''39K+;=)'C ;&'U IA'B,>+;?@+?$&'.9^+=&'C&7+_?$&'a5…C+E%@?$)'U &'.A8?@)U
1hH+,'C Z'C?@+__&'*)\5Y+h&'7 &'5*+4+5'3&C+ j8+A(&0&ƒ8&8+IA(/K+)Y$&U+sJ)M=&B&C+AR
_d+.+=&kC+%@?D)(+AF+./+50+;%$@&C
=&'M :&5*+x*,K+?$V&C+h%$)U+;&i+.T*&U+hm&C+__Z()0?@+dk*)C+h&0?=&…+5B+)(?$&U+)U
_h&0?@%=+A+57+?$&¨9^+$)R&C+:`$&FC+h$$@?=+$&U+ZC?@
$)'''''0?@%=+?$&5'''''i5>+&'''''7 &0?=&F+7%/'''''B %$&''''U A''''a.@+$)0)*&''''7 1P''''i.H+=?@+%=%D
P5''3 &'F.=&^+J$&'0=?@+;9'C %=%D+;T'5U+__`@+%@;%$@&'C A^)a'B/K&C+A'3&0?=&…+5B
__?$—'K ?$&*)5+5(+;&.A(&.)0$/B+1£+5n$+,n+$&7+ET*)0&(9^+&($&0+$)aB?$++,>/a0+_+AC
$,.&''''B &''''8&7+;$%@$$=+Z''''C?@+j''''8 /'''''0?$+A*)0&'''c.TO+?p'''> &'''.)U+IJ/'''K A'''3?@
Ws=&C+&a+5C+E).,(?=&8&B
Aa+5'3 A]0/~&'C )(?$&'U _?$$@,'0 ;@)'.D+h&0&.A(&.)a+5'3 %@&'*%/+50+ h&7 AaB%+=&C
_&R)O+o&3+A8=D+&8=D&7+d+./K
;%$)'( :Z'C Ak*H@+=@+A3$/(+$?$&()FC+&i+.T*&U+&7++¢B+%=%D+&0+&5*+PB%=+o?$&U
_jC+,(+e+.=@+;9^+A*)0&R)O&7+f).&^+AR)O+&($/Y+$)R=&C+&a+5C
;9'^ 1A(&.&0=&…+5'B D&'8/(+:?$&'.%@+AF+.+=$)'U ;?$%$@+9'C $)a'c.$+ f&M+$)0)*&7
`=)Y&'''C ;=9'''* ;&.&'''i.T*&U+h&''''7 &''0 _;$?D+=&''B &''a.$&FC+)''0)M+1Z''i50&U+%T''5>
L.$&'''U :$)R=&'''C &''a5C+A.)''8=)(+?$&*)a''B=9K+;&ƒ5''B&7+b?$=&''M :$/''R A''3?=&(&U
IA(/K+1;T*%e5O+;T5U+__$/C+&+7?/.=+$p>+;?$&C+J?=)C&B
 !"#'%&'()*+,-  !¡
$&'U ;?=)'R %@+4+5()0&'7 A[8+;=&…+5B+&.%/K+;?@?@++N+?$&U+AnV+AR9C+:A+50+9({
Ws&0?=&K&*+&+7)B&n
Sh&'0?@++N+P'i.)C+DHp'> W=&…+5'B J/K+h?@+&0+&i^&C+w+I?$&.%@+A8m?$+=&…+5B
h&''U A($?,''B&*+A''F.=%/…+.=+j''8 _;D)'''B e'5R+1&'5*+f@&'C P'[8+A+7)'B&n+$=)'C &'F*/R
:?=$/[B+ZC+=&C+&(&8$/(,K+;&.)k+.=+$&U+:+h?$&a*)0?$)k*&M+;%$@&C+$?e+58&7_h&.)5*@
1h&''0&7$/Y&*+?T*&'R=&M+:h&'k.=+$&'k5YZC+:h?T'[M?=+$%/+5'3N =&'B ;&'0&7$/Y+b?$
_h$/(,K+?,O9U&*+1h&i58&M&*+__h$%=D&8%@&*
w b&'.)C+P'iK+;&'0/+7?e+5K+__w+?,'O9U+Z'C A0&'.T[M?=+?$%,'B$/*+ h?=)R&7+AR9C
Wsw$$T*)8+1b—5M+h/+5€C+?=&c8&Y+ZC+&.;$?D+h&U+;9K+?T[+5M+__Z[+.+,n
$$T*&''C &'''[.$)U+=&'B &'a.e>?@+;?D9'( $@=&'K $&'U ;&'[.$&C+:%@=&'C $=%@&'C %@+h9'^
d'y5M+ $)0?@&(,n+%,+5^+h&…C+4+5a3=&M+9C+PB?@+__`=%/^+&a+.@%@+E)5+5>+1E)0&*)Ë)Y
W %@%$&M&C+dyC+$D9(+&]…C+dF.=&^+1dF+5KGV+h)(?$&U+:`pK)*=?$++N+9C
E)\*&>++N+h9^+?T*&R+_h/5[5C+J&*+1h$/ai.H=+?$&(%$@&7+1h9(+;9F3)>+j8+W%=%D
?$&''[8+Ar)'''*9O+4.}*&'7 Z…a'c^+Pr)'*9O+`/0&'7 :h$/'C 9'( ;=&…+5'B j.q'B%=+A'C@,0
%@&'*)*)C+$&'U =&'B&C+E?T'C E)'.9^+ &.?$&7+E).D&~+;&*).A.)8=)(+$&U+b?$+)Y$&U+_?$/C
h&'U ;=&'B$&U+9'C $?+=+1P'3&K+?@,'0 d7&'M %@9'( b&(&7 L5[8+:E,n&C+;=)C+&B=/O+&0
$/8&'''''M ;V9'''''C ?$&''''''B)(&C+$%@+J%$@&''''C W &*%T*&…+79M&''''B A[+./''''3 h)''''0 1&''''.)5*@
_h$/C+E%$%@&+7&M+b&.&>%,^+$/8&M+$?=&C+:dai.H=+=$$@+AF+.$%,0&r?@&O
h=@+&'0 &'.?$&U+ =&M+ZC)[+5M+PB?@&C+hT[B&>+AF+5a3+%@+h&a3&K+?=$$@+h&7+=&K&U
d'''F5(+Aa+5…a'''B=&>+d'''7@+A'''R 1h$/'''C ?$&a[+./''''3&C+=&''M _?$%@+4+5a''B&C=&C+$/8&''M&C
h&Y=&'''B u)0&''[.$+__?$&''*%pK+f&''M `=)Y&''C h=$/[''B A*)0?@,F*)''i5*+_?$$T*)F''3
_ž,(&''''8 $}+5k*&'''U A0&'''.$$D?=)U+1ž?$&'''M $/8&'''M E)'''C &'''(&8/.D&C%@+__?$&[.+,'''B
;)*)8&'''C h=?$)''''C &''* ?$&''(%$@&C+=&''M :E$$@,''0 h&''*)*%$)($/8&M+h&''U j''8 %@Aa''B%=&7
Z''C?@+`=&''U _?$)''8 E)0&'''0=&n/8+?$)*&'C&* $DHp'> ;=$/a'B?@+1§%@&'C &'* 1E)0&'3$
=&'M E)'0?$)*+Z'C?@+)'. __;+=9kC+A3&0?$)*+%@+4+5[.+=9K+f$&0+$/8&Mf&K&7+&0&*)a.&3
  !" ./0'123'456+*67
1J$$=+AF+5+7$&''0&7+Z''CAa.,C+%@;9^&''7 &*)a.&''3 $&''U &''5*=$$@+__sj'''C J$$=+A+7$&'0
W;@ Ay5M
IJ/K+h?@+$+%@?@+f)K+h9^+Acn&*+vi.H=+9C
_ˆˆ&a''B$=@+L5F+5a''3 $/8&''M 1&''5*+%@ˆE$/C&''MX+&'''7 Aa'B%=+`,'(/kC+A'5>+A'RXX
{?$&''*)0&89K+=&''B&C+E)0&+79M&'''B ?=)'0$$=+d+7@&'C $=&'B&C+&'0 ?$&a'B&C+h+=/'K )Y$&'U
A*)''0$$+,>+9''C ;,K)''U o&a^&''3 1h$/''R?@=?@+A($$+=&''C&0+;)'''U _h&'FC+o)'^ 1@=$
WsJ,K?@%=+dac+5>
d''5R+E)±+7)''B&C+E)]5U&''C __s)''[5M+P''B?@&C+d''5R+dn?=&'''3 $D9'B&C+Wh9'^ 9'C ;%$
;9''''^ `/0&'''7 %@&'''U)C+?/'''5>+h9^=&'''C ?$&'''7 ;&'''*DH=@+&'''.Aa+50)>+$&'''U __s)*?$&'''F5>
A'''R $@,'''0 AR&'''CAR+%@+E)5*)0&n?=&'''3&C+H=@&''''7 E)''0)R$)5>+Aa+50)''> __s?$?@=)''3
__WsJ)M=&B&C
f&'M d'57+ˆAa'B%=X+AR&'0 h$/'C AaB%=+A+7%@$&U+1A(,K f&M+d+5>+j+./3+T*&R+;)U
J$&'0&*=?@+ h9C)(+hm&C+__AaB%=+9C+)(/0?@+daB?@+=&M+:&7D)>&3+=&C+&58%@+$?$&.%+=&K
WJ$&0&*+AaB%= =&C?$+daB?@+uDH=@&0
AR=&'M :?$&'.)8&*+9'C dF+5a'3 '5M+?$&'U =&'C&7+:$/'C %,F'3)U+ ?$&]i+5>&7+P3+=HD
Ws`/C+o9^+h9^+Acn&* u%/(?@+E9R+;T5U+__?$&.%+,C+$@,8+Pc.$+d39^
o&'''8&U+__+d.G&'* =&'M &'.%$+q'3)C+)'*?@+:d'.eC+%$)'U &'39^+Z'> u9'R &']0?=&K+j'8
$/''R =&''B&C+j''8 A''[(,K=?$+A''39^+:?D)''( hm&''C __?@%}58?@)'''U j.,(DHp'> Aa'B%/^
)''( h&''C)*+4'''3 4.=?T*&'C '5M+?$&]'i5>&7+:?$&'*)0/>+u)0&'˜)8)U+$+P'B&C&8+&'F*/R
Wsd[+5*%+,C+9C+A8&0&.Aa3&0
9''C A''R ;)>&''7 Z*%D&''* ;9''^ ;&''K$$=+4+5''B&0+:&''5*+x'''*,K+=)C&'7 ;)'C ?$&'8V&C
sZC+,+5kC+$)R+1PB&M+E)0&C)C+A*).=&C
$&a'cF3+A+7)'C $&($?,'B&*+AF+5a'c.$+ $&8=&3++AC+;$$T*)8+AF+5+7@+I+&]5*+$&8&M
_ ?$%D%,(+?+,C+,C+Aai>
 !"#'%&'()*+,-  !Š
o9'( W%=%D+__?$&'.)8+9'C d5a^&'C @&'C hV&'C %T8V&'O&(+ h9^+;%$)8+$)k+5Y+9C+?T*&R
Ws?$%@9C+d˜?=+?$&0&.&B)(+&C+%@+;$)[+5>+&7+A*%D?@
&'i58&M+&'0 ?$&'.;DH@+d'3&*+1h%+=&'K 9'C ;=HD+__s+AC+`/0&7+ZC?@+&.&k8%=)U+$&U
W&.;@&C&U+A0&.?@$/MZC+/F+7&C+__+&i5F+5[+./3+$/8&M&7+$&[+./3+ZC
IA(/K+)Y$&U+:;=)C?@++N+E)5.$)8%@+o%=%D+;$)R/8?@+1J/K+;%$)U+=&…+5B
h)''0 &'''a.e+.$)M?@+J9'^ P5*?$&'U WbH+=&'K 1•&'C?=+A*)'5K+;&'U _A'[8+;=&…+5'B 9'(
P0—5M&'C ,()'.D+J&'0?=%/+5U+&'C).=$+:$/'C E%,'K E)'3&7+ J&0?GH=+__?$&*)B)U+AB,(&8
Ws)C&*
{)''Y _E$&''0?@+%@+E)''.9^+A.=?$&'''a^&C+=&'B&C+%@A.%$@&'7 j'ƒ.$+9'( b?$+;&'*%$&U
=/''5M+E)0&''.;T*&C&0+?/''.@+J&''* ;@&''U Wj''C %T0&''.&*)™T*&C+=&''M&7+&''*).9^+A–.&''0
WsE&0?@)8&B+E)5*)0&*%$)(+E)C&7+E9R+?$&[C?@
$e''5K+&'()½aC+?$&]a'B ;&'i.T*&U&C+1Z'C f%D+)(=&'B&C+?D)'( ;=?$)'C ;&'0&*+`=)'0
JpK+$&+ƒY+?D)( A0&.&*)k*&(+$/8&M+`,0?@++N+P5B,(&8+?$)ac+5U&7+=&M+&F*/R+SD)K
_J)FC
1h&^+/+5*&C+;D$)U+J?@+E9R++¦C$/R+4+5(++N+P+.+=+9(&0+:?$/C=}C++N+J9^+A˜)8)U
s;&FC+J9^+A.D%$&*+f@+`,0?@+P+5>+E9R+E).+__;H+,C+%@=&B&0
=&'K&U+W$$T*)'8 ;&'7$/ƒ>&>+;&'U ;?=%$)'U AF+.p'C  1 £'.$+ AF+5+7).&^++&0+;)U{
_?$&FC=&B+j8+;&0&($&F3&U+;V+9C+?$&a5+5B&l+%@?=%/5U+h&U+;)K)*&>&7+`$&(?@
h&'0?@+P'B&M%$+&'F*/R+?$&'8$&0?@=$$@+P'57+h9^&'C o&'C _A(&'.&0)k+.=+ ?$&U+)U
_)0?@+ž=/O+u)5K+)B)U+=&…+5B+AF+5a3
h&'U )Y$&'U _`$&'0?@=?@+9'C h=$/*+h9^+;=$?@&7+)(+h&0?@%=+h9^+9C+Z*&(&C+;T5U
A*).&''C)(+?=%$&''3 &''[.&0+;?@+`$&''7 $&'''3 h&'U _h&0&($&F'3&U+9'C $/8=&'–C+&'.?=%/+5U
?$&[5[+.G$/C?@+=)K$&3+Z0=&>+f&M+$)8&B&C
__J/K+;%$)U+%=%D
  !« ./0'123'456+*67

! .";#)2F-$L
h&U+$/C++A*&(&C+;?$&U+=&C&7+:$/C&*+ž&0+A3$/(+$=&C+&(,K+;)k+.=+E@,0%+=&C+%=%D
AR&'C&0 $/'C %@?$&'U ;?$&'*@,0pC&7+$T*)'.)^+ AF+5()B+T*&R+:$/C+o9^+Z>+;&3&0
:%=%D+;=&''B E)'C &'a.e+.$)M?@+4'i5(+4'.=+?$&'*)Œ)U+AO)(&'C =9'^ %$&'U __A'C E)8@)'3
&O&3+?$&0&.V+$/8&M&7+:E$/C%=@+f&M+)C+4+5(+A>9>/Ÿ7+;@+AF+5a^?=@+?p>+?$&i+5>&7
A*)0?/''i5M+?$?=$$@&''7 =&'''M _$/'C A'39>%@+A'3&0?@&O+J&'*)*&(+:$/Cm)'U Z'( ;/'58
$/'''[5(+;=%/'''….= _?$?$/'''C $/'''C =9'''3 {/.&''''K/.&K+?$&''.;D=&C&7+$?$&''*$/R?@+@=?D
Z'''> A'''*$$=?@+;?+,'''K $?$&'''()FC++N+4+./'''i5M+1`=&''''C P''B?@+Aa''c.$+?$&''3H=&>&C
;=&…+5'''B ,.G&'''7 %@&''''U A*)''M ;@+AF+5a''3 %$&''U @,''0 Aa''B&M+E)''c.@+:?$&''a50,­%@
A''57+&''0)5K$eK+=&''B&7+`/''[C+$?$&a+5'''B&l+Aa+.$T*)'8 $)'FCe+.=@++N+;9'^ %@&'0&a5+7%@
hm&''''C J,'''K ;%@+D$&'''*?$+:?$?$/RpC&'''7 A'''a./[5(+$/R&'''* Z'''> ;?T*?$&'''U :)'''i0%=
A[+5Ÿ''3)U+&'0 ;?=%@?+=/'0 $&'U __A'*%$+=?@+f&'M E).&'0?=%@+?+=/0&'7 •?D+•?D+A*)'0?$)R
I A(/K+Ak*?@+ZC&C+%@;9^+A+7@&7+)Y$&U+S@,0?@+%@$/[5(+;=%D/K%=+f&K&7
45a'3&C+P'B&M+:Z'C$/C+£8)'0 E)\'5Y+ )ac+5U &.&*%$&7+__W&>,B+ZC+1x*?@+ZC+{)U
N9>&'3 ?@=$+f&K&7+f)8&3+;&[3+E9R+:?/.@&*+?$&89^&C+h%$)U+Aa3+=&C?$&7+h&0?@
?,.&'B :?$&'a.,K?@+h%@+?=D&'( $&C+L.D$&*?$+j+.$%+=$%=+1;D%$+&()0+;?@+{%@=%@&Ÿ.,C
$&''U __?$&'()0?@+f9'K/Y=/K+u)'5K+?$/()'M __Z'[5O/*)*+u)'0?$)R+;/'ƒ5>+?D$&'*?$+h&'U
@)'3/K=&C+D$&'*?$+A*%+=&'K %,5'( 9C+)ac+5U+:$/…()M+4+.=+?$&.Aa+./*)8+PB?@&C+;&*)5K
sZC+%@H+=?/5*+;&R,O&7+&0?$$T*)8+&*)5K+;GH=+h&($&~+;?=%/+5U+A+5+ƒC+9(+__ZC?@
o)''> ZR?@?$&'''7_%@&'U D&'K&7+;9'^ )'FC+D&'~ AF+.T*?$&'U h&'0?=%$)U+&'*)5K+)a'c5U
_?$&(%/‰++N+;9^+1+AC&*+;$)8%@&7+;D%$+P3&R+Aa3+j.,(+h)(&C+;?$&U
;=$$@+Aa'3&K&7+ &.&8&7&C+$&U+A+5+7?@+)0?@+T*/(+£K&7+Ak[B=&C+$&8&0&*)5K+?$&U
=&'''C &''''a5C%@+Ak[''B :%@;9''^ ;&ka''c.$&7+)Y$&''U :?$&''a5C%+=&K+A(&0&''3&C+?$)''.=?@
?$&'C Aa'c./+5>+u%$?+=+A*)'5KWs&'5*+qa'B%=+D)…*+=&'( ;).=?@&'7 A*)F'3$+ +;=&U+_$)F*&(
 !"#'%&'()*+,-  !#
A''C &''B&C+A0&''.&09+7)Ž+7)Y+;$%@+__`=T''C b&(&''3 %@)K=&''k*&7+&''7 g'''.=/K+&'C&0+&'5*
__?$&+ƒK&C+Z[+5B$/*
&'''F.=)C&C+__?$&'a5C%$&~+;?$+ZC&'C %@;9'^ ;$)F*&'(&7+1dF+58&'7&C+A'57?@+h)(?$&'U
__?$&a+5C%qB&C+$)^$)^+AF+5+7)(
)'''5K+?D$&'''B =&'''B&7+9(&'''0 Wh9''''^ =&''8&7 ;&0&''cn&*+`=&''U Wh=?$&''a^&C&0+;)''U
&'a.&0)*+f&'M A'( 9'C ;&'U Z[+.+=$/(&'* %@+f)'i¨&C+&*%/'3 %@+o&()'B h&7+1AC)i0%=
WsJ9^+;&*—.@
Wh9'^ ;&0&'cn&*+__?$&a+5'B&~?@+?$?=%}Kp'8 =&'B&C+ H+=?/5*+W&[+.G$V+;&8__)*__)*
_?/5c^?=+$%$&(+$&*)\5Y+__&.&*++N+J&5R+5M
:j[+./.,Y)*+J)8/i0+L.=%}Kp8+;&0&79R+W&[+.G$V ;&8+__)*+__)*
4''5>9+7@+A''[5C+;)''* ;&'''U __`/'.}C?@+E%/'57+$?$)'i0%=+A'57+H+=?/'5*+?p'> W&0,.&'B
__sA39[C+;=)5a^&C
__?$&'5790&C+ `,K?@+&.H+=?/5*+h&U+9C+;=)5a^&C+&0+A*$/a+7)U+AC%=&3+&*90+4+5>9+7@
__W`,K+;?@+?}C
Su%D?@+)*%@&''C h9'^ ?T*&'R=&M+_&'*)0?T*?$%/^+;&'*&^?@=?D+?$&'U Wx'*?@+Z'C {)'U
A''5(+&'''*)8?D+hm&'C __Z'C?@+%T.&'> ?$9'M q8&'0&7+;=?$&'a^&C&0+$/'C%$+h+=?$)'C =&'C?$&7
_E&0)*+&.&+7&M+?=9Y+$&U+E)0&a+53+)*%@+h$/C+&3&+7&M+hT*).&K
__Z'C?@+T*&'C ?$&'F5098&0+&'C A*%=&'8)0&C+E@,'0 PB&M+j.q3)C&0+&8/5*%D+)ac+5U
b&'.)k5*+=&'B&C+ __%@)C&[3+=&B&C+__%@+A()8+j.,(T*&8+14B)*+=&B&C+Z*?@+f&M+;9^
"%@+4+5*)0$,(+$)R+1Ak*?@+ZC

h)*+;&U+__s?$/R=?@+;9C+&*)8?D+&.)U+?,kC+`/K+Wh&0&cn&*+__sJ)M+=&B&C++N+d5R
_s+w?@+£+5M?=+@&C&U+A+7)R+/+5*+9C+A[5C
  !t ./0'123'456+*67
o)''> _&''C)*/(+{/(=&''( J9'''^ 9'C Wh&'0&+7@ ;&'U Sh&'0?@+d'7@+A^)'* A8%D&'C P'B&M
&'.%$+q'3)C+$/'C A'( P[.,C+&O&C&3+;?$&U+;%$@+:@,0+&.A*%=&8)0+h&C+PaB&M+;?$&U
_AaB?/C+E%T+57&7+;T5U
$%$&(+;9^+;?$&*%+=$/B+;&U+s?/5c^?+=&*+&0&*)\5Y+E)]+5M+?$&U+W?,.&B+&0+;)U
f)'''C `/'''0 9'''C &'''*)[.+,+.D &''>/(+$&''U __s?/5.&''K&*+__?$%@&''* ;&''()8+;&''U __?$$@,0&''*
_shH+,C%@+E).@=&K&C+L5[8+ZC?@+;&U+_s?$&*,K?@
ˆˆWx*?@+ZC+;)UXX
:?$/C$/($&'^ =&'C?$&7+A'*%D+@,'0 A*)0&F7/B)8+;G,0&C+AaB&M+$%@+AFi+.$)C+&0
?p''> `,''C E)''(%$@+;&''U _&C?$&a'''B%=+Wo9^$&'^ A7&'8&(+;&'U IA'(/K+%@;9'^ A7@&'7
Ws&.%@+h?@=&C&7+E)8e+.=@+A0&.?$)8+)ai+5M+1E$—K+?$&()0&7+&0+j*%D)*+&.%/KW)O
=&''8&7+;&''0&+7@+?p'> ;&'U _$/'C @&'C&U+;?/'5*+Aa'B$/*+%T'55(+;&'.?$)8+$&'U A'*‘n
?e''.=@+$=$$@+AF+5*)8?D&'C Pa'c.$+Z'> ;$/C$&'^ A']O/*+;?$&'U ;%$@+W?+=&'>%=+Wh9'^
_?$&a5…C+=%T+5C)(
N &'''*)0)C+Z''''C %=%D+A''*%$?+= A*)''5K+:__?$&''(,K%@+;%=D! D$&''*?$+h?$$@+;=)''Y 9''C
x'*?T+5C#?@+IA'(/K+)Y$&'U :?$&a+5'B&l+;$%$&'(&C+ $/C+A0?=&K+&F*/R+S?$&.)i50%=
__s?$/ai.&K&*+Z>+&0&*)\5Y+&.%/K+;&U+__`+=&K+d+57+$&C
ˆˆW&*%/Y+1x*&3&O+?T*&R+&[.+,+.D+9K+$&7+;)UXX
?$&''U _&C?$&a''B%=+;?@+)''U WD)''…[.9U+N?D?$&''( ;&'''M I;+=/'^%=+;9'^ A*)5K&'7 %=%D
Ws?$&a.&0?@+=93+J9^+E)0&k+7)R+jC+9C+__A[+5^,>?@+__;?@&U+4i+.$)C+__&a5R
ˆˆsA+50+9(+&0+A+5+7)*+d+5>+WE)5K+;&UXX
;=$)''M 1A*&'R%=+A.?D=&€'3&C+%=%D+;$)'R/8?@+&'.AO&R+=9'^ AF'i5(+%@&'7&~$&7
I@,0
&'*)5K+9'C A'*%$+=?@+{%@+j8=&'B&C+9'( W?$&8=&'B =$$G&'C =9'> /*)'> A*)Œ)U+;&U{
__Ws;,K?@+`/K+d3&0?=%$)U
 !"#'%&'()*+,-  ”‹
A7&''M %@?=?$&''*$/C+h&''7 45a'''3 $/8&'M =&'B &'($&0+;&†$&'3 &'>9+7@+$&'U Zk*&'0
__s;e8?@
;&'U __ E)0?,8&'* &'^)*+ ;&U+_s;e8?@+A+7&M+$?$&a.9^?@+&.98)*+&*)5K+h&U+Zk*&0
{?D=&'7 &'a.$&0?@+ {%@=)O)U&7+4+5a3+$/8&M+;&.H+=?/5*+$&U+;&U+__;@)3&7++,>+A*%$)[C
d'''O/*+%@9(&'7 )Y$&'U __;e'8 f&'M =9'R %$@)'( j'8 A*)'5K+?$/()M&'* J?$&'U A()'0 `=&'U
_WsZC
$ Z'C/C+%@+A'39M+ZC&'7 b?$+__;+=&'>%=+&'0?=%@?+=/0+ ,+.G+;$&^&7+1J/K+;%$)U+%=%D
A0&'.?$)8+9'C &'0 A*%D+)Y$&U+_&.?$&*)Œ)U+AO)(&C+=9^+)ai+5M+Aa.@+?$&a+5C$/C+b)R
_?$/($&0&*++N ;$&^+ZC&*+J=/0

! gh$&
?@=&''M %@=&''C @)'''.,n+;%$@&'C 1;+,'C ;=HD+A0&'.?$)8+A.?@)5>&'C %=%D+;?$&'U ;%$@
__;&0&($&F'3&U+9'C ?$&'.%+=&K+ )Y$&U+_$/R+H+pn&C+;&*$/C$$T*)8+$&U+$/8&M+$/C+£+5K
_?$&*)[+5M?@+f&M+ND+2D+;$)O&3+E%/+53+$?=&C+oH+=?/5*+%$@
f&''''M ;/+.+,>&''''3&C+;&0&($&F''''3&U+&''''()kC+$/C)'''''8 AF+.$)k*&'''M P'''c5C+)a'''i5M
$%G&+ƒ'3 $%$&'( ,5^&*+__?$&a+5k*=D?@+{%@A+./K&7+$?@).,n+1=%$)M+D&8/(+__?$&.A8&+ƒB
ZR?@?$&''7 hm&'C __Z'R?@=?@+?$&.&0&($&F'3&U&7+&'k*?@+&'k*?@+$&'U $/C)'5[+7@+&'F*/R
WsZyC=?@+?$?=%D+b&.&7+&.?+=9>&0+$&U
%@)k+.=&''7 ;&'''*%$&U+A8?@=&'C&7+%$&'U A'a.@+:J$&F'3&U+?T*).&'K ;9'^ $%@+Ak[7&'M
;)3)>+:&aB%+=+&aB?@+;)3)>+I?$/aB&C+E).?+=9>)U+%@$=&C+__?$)aB?$%=+Pi.&K+E)5+5>
:&''39M+;@)\'''5*+:?=&…+5'B :?=&F+7%/'B :&.&'3&Op8+:?=&'K$$@)Y+;?p'> :&'>&R+&a'B?@
WW_"?=&0+:?$)8%@+:?=&k8$/˜
;}''''8,O+A'''''BV&>$$@+:$/C)'''*H=+=&'''B E)C&'''7 AF+5Y)'''( L5*)5*)\'''5Y+j'''.,(/+.D@
$/8&M+b?$+:$/C?@++j.+=9K++N+9^&C+A–.&0+&.%,C)0+$&U+&F*/R+:E$/CT*m)U+?$&.9^&7
_$/C+E@,0+E%/Y9^&7+;D&~+E)0?/+.D@
  ”! ./0'123'456+*67
:$/'''C =)'.@+?/'5>+A(&+ƒr&'B :$/'C%@+µ'5K+;9'^ %@+&'7&890$&U+/+5*&'7 o%=%D+;9+7&'M
1A+ƒr)'C ;=)'C 9'C &'0 ?$&'(%TC+ &7&B&8+`T*&M+A8m?$+ZC?@+=)R)*&0+A*%D+;?@+&F*/R
_$/CT*m)U+A*@=&K&7+;9^+L.=)8+&Ÿ3)U+_ZC&*+o)C+;&0&5.D=&C+J$/7
A*)0&''''*%/58+;$)''''R$/8?@+Z0+=$/''''B ?$)R&''''C :T*)'''''B&>&~+;%=%D+&'''*&|@+h&'''U
P'''B%=+Z'''> ?D=&'''C L5*)0&'''*%/58+:?$&'''*%@?@+f&'''M A''''*$$=?@+;?+=&''>V+$?$&''(D9O?@
Z'''C 458&''0 ;%$@+L.$&''U :E$/''C %=%D+A''a–K+A*%$+=?$)''R ?$&.;}0=&''B&C+__?$&''*$/C
IA(/K+:Ak*?@
A'''C?@+&'0 u%D?@+)a'c5U+__$/'C ?/'5U+A'k*?@+D&'8/(+)*&'> 1)'.,n+;=%$)'M &'(%$&0XX{
_d+.+=&kC+%@m)C+A„H,8+;%$@&C+`/0&7
dk*)''C h9''^ S&''5*+,.&''B ?$&''¨V&C+:?$/a''i5*H=+%@+h&0&($&F''3&U&7+&'''„H,8+$&'U
&'7 `$&'0?@=?@+9'C h%$+_?$%@+Z'> d5*%=&'8)0+1j./k*&'M A(&n).D+A[+57&C+1?,+5U+&(H@,0
)()0+E)8&M&7+_jC+J=&>+1E&FC+E%,K+f@+;T0&.+%@?+=90+h&7+:jC+b9+ƒ0)*+%@+E)(9^+/+5+*
E)'aC+&'F50&.&C+ E)aac./+5>+&(%$&0+_b&.&C+?$&[C?@+E&0?@).,n+;=%$)M+x*?@+b&.&C+&0
1·.&'0&C+1+A'C%@+A'57+Aa+5'3 ;&'()8+ZC9($&'U AF5B&0+_z*&F+5>+A^H@+9C+?$&a+.+,+5K
_ZC+)8&B
$/C&''* &a''c.)3+?/''5U+b?$+A*%/58&''C =&'''…*%=&C+j'8 ;&'0&*%$@+?/+5'3 ;?$&'U =&'C&7
hm&''C __j.T+58/U)'''* AR&'0 ¢'8 E)($/8&'M&0+J&'….)(&C+__h&'0?@++N+E)'a*@=$/C++N+;%$%@
f)''> E)''0?T+58/U)*+A+7)''B&n+1E&''|@+_Z''C?@+z(&'''C j'8 A'7@+;?=$+AR&'C j*%D)'* ?/'5U
&''[8+Aa'B&M+&'8&U+)a'c5U+:E)5.D%$&'* 2@+$&'B,>+&'a.$&FC+Z'*?@+?$&'F5„H,8+$/8&'M&C
Sh&'0?@+A*)a'3&Fi+5>+Z'C%@+P'B?@&7+d'5R+ )Y$&U+_u)(=%@D=&O+?$&¨&aB&M+h&C+=&M
_E&FC+E)a(&8}^+d3&09+7&M+$=)8+&Ÿ3)U+)C+_?$&8&0?=)¬8+&*D&C%@+&.?=%/+5U+h&U+&(%$&0
A*)(9^&'7 &'.;T+58/U)*+A'R o?/'5U+ ZC?@+&.?$ZC+1E%@+j8+A+7}*&8&7+;?$&U=&C&7
=&''M :d''i50?@%=+9''C E)a8&''($/(&˜&>+L5*)''3)>+h&''0?@+E)''()5[+7@+A0&'''i5>+:j'*,C%@
&''0 d'''5*+f@$$@+:d'i5FB)C+&'*?@&U++,'> %$&'U h&'.&˜&>+$&'U &'*?TC+,>+E)'a5*%/(+?T*?$&'U
_j()M+o9^+1jC&*+$$T*)8+&(%$&0+SZ8?TC+E)a89^+;&0&+7@
 !"#'%&'()*+,-  ””
E)0&''''*%/58+_A''''*?G?@+;%=+Aa'''''c.$&39^+$+=&'''3 A[5*&'''F5>+1J/'''K ;%$)'''U %=%D
;$)*&'''C P''B%=+&a''B?@+;)''3)>+)Y$&''U :?$?T*&''B E).&0?$‘''B ?$?}+.+=&''C 1j.$&''*%@
I&cO+&($&0+?$&*%/8&M
b&''.?@%=&C+:;%=%D+9'( &'0 E)']5*%D+?$&(&0?$‘'B 1E@,'0 L'5>?=+P'B?@+;?/+5'3&7
=%D&8=&'3 Z'> {A*)8&'0&[(,K+9(&'7 }'.=+{$/'C 4.=&^+T*%/*+P3D%$&*+%@+E)¼?@=&C&7
%@+A[5k*&''B ;V&''C Ak*&'''B=)>+Z'[./[C+4+5'3D%$&*+Z'*%/(?@+Z'0 9'( ;&'kŽ+5C+_;&'FC
P'''B%=+E)]a'''3$?=+;=)''''C j.@=$)''M 9''C P0&.A5(&.%$&''i5>+Aa''B%+=&C+:?$&(%TC$‘''B
_)FC+f9(+$T*/(+E)]+7@$)FC+&aB%=)U+E)][5*%$=+$?$&()FC
b&'. A'*%T[+ƒC+:+¦'C,(+T'[ƒC+?/'50+ h&7+z+.+=&kC+f&M+%@+4+./+50+=&M&C&0+z+7@+$$@+&]+5U
E)'][5*%$=+1E?T'CV+E%$)'R ;?@=&'> )'FC+@)'3/K+`=9Y&'C E)'¼?@+ =&C+A*)0&*&|@+ZC
_?$&*&FC+e5(
E)'']7@+&''F*/R+j.&''0?@+=%$)''M &'* 1z[5+.e5O?@&'* %@+j($&'0 ).,n$)[+5>&'7 o)a'c5U
¸=/'K $%@=&'C &'C ?$&'a.@+E)]5(&'.%D)U+$}+5'M &'F.=&^+:$/'C ¢.&'0 )*)539^&7 $?$&.%,0
_?$&[5C?@
;&''.)8+}+5M&''C $D=&''C Aa''c.$+;?T'''[5M+&'[58?D+h&'U =&'B&7+4+5a'3 '5M+W%=%D+;&'U
=&''M :$&''U “T*&89F'''3 &'()K)*+A'a5CT*%$=+b)'^ AR=&'M &'F.DHp>+&'0?$=+:&'5*+;@)'3
$/8&'M 9'C $)'0?@+HG)'K?+=+;&'0)*%/(+$}+5'M :J$&0+f&M++N+;?=$&K+AF+5a^?=@+?T*?$&U
_?$&a+5*&(?@+;=&C$=$?@+AK,+581+³)C
A0&.A()8/'i0+&'C &'0 Z'R?@+ $$=&B+;=%@&7+?$&a+5C+T[+ƒC+9(+b?$+4+5B&0=&M+W%=%D
f&'M A'( `$&'.?@+:?D$&'B &'i58&M+$T'*/(+ 2&>+1P^&B+@&O+:?$&a+5C?@+D=&C+?$?D%$)*
12$/7?@=&'''K `$&''.AC+b?$=&''M Z''C?@)M?=++N A.=?$=&''B ;&[+./''3 $&''U &''()kC+$)''FC
;?T*)8=&''n ;T''[ƒC+AF+5k*&''M)U+&''0,0+?$&''(%TC+hm?$+&''0 _ E)''8D+&''a5[+5\C+E)0&'F>H,(
_)0?@+&*%$?+=+T*&8=&n?D
;$@+1ZB+ZC+Z0+ZC?@+&*D&8+?=%@+$&U+A[5*%$+=+%T+5>+9C+$&F($/7+A*%+=&k+7&M+Z>&7
A(&'0?=%@+?p'> ;m)C&'C ?T*?$&'U =&'M Z'C$/C+ A3?+=+?=)R+A3$/(+ZB&0=&M+__s)FC++¶
P*@,0)'3)8&(&C+ E)0&($?,B&*+)(?$&U+__Z[+50&(?@+;9^&7+&(&n&^+1h&^AR+A*%$+=?@
_?$&[C?@+ž)^+L5*)0&*%@=&K=&B+&+7@+1jC?@+h%=m@
  ”  ./0'123'456+*67
;V+9'C =&'M L5*)0?D&'~ _J&0?=$&K+?=%@+1J&0?/+50+&[*%$+=?@+$)R+=HD+AaB%+=&C
_?$&.AB,>+E).?@+1AB,>+E).?@+%=%D+AaB%+=+;?=)C=?@+L5B&0+=HD+:E$)3H,^+9(
)5*&'( $/8&M+1¾($&0+`/K+=&C?$+E).9(+A*)0&[.p3+?@$$,B+;&*%$&U+A8&Y=&B
Ij+5+7?@+L5*)0?D%/^
Z'''C E)'']5*)K?T[.D+j.G&''* )50&''(&7+o&'']5U&0+s&''.%T*).G+&''7 %=%D+)(?$&''U A[5C)''*{
;&'U __sZ'[5M?@+·.,'3&(+%@+;=)'Y ;?$&U+;%$%@+E)8V&(&.)*+AR9C+_?,+5^ZC+14+7&0
WszC+£+.$+%@+;%$@+&C+&]+5U+ZC?@+E).+;pK&39K+;py+5*+&a+5…C+ZC?@
f&'M 4'57+;+=9'K A['3&R&C+ __?$)3?$+f&M+4+57+$$%,[+5M%@+;pK&39K+%@&*)8?D+h&7
W&.?$‘C+1z»+__&.?$&*%G$/C+:&.?$&*$/C+$$T[.D+?$&F+5[+./3+$/8&M&7+:?$)0&(
E@=&'K 9'( ;&F($/7+?T*&R=&M+_j+5i0?@+f&M+%@&0?/+50+;=$?@&C+E)0&79>&3+%$&U
?$&'U A()'0 _j+.+=&'K f&'M %T'5>+9'( ;V+9'C %/'^ /F+7&'^ ;&'[.=HD+ A(&.9^+A+5Y+:&3&0
_Z[+5O&aC++A(+1ZyC=?@+?$&.9^+;)k8%=)U&7+J&0&55a3&0+?$/()M
! E)¨9^+1j.$/(,K+;%@+;T+58/U)*+1A[5C?@{%@+J9^+A8?@=&C&7+&]+5U&0+)ac+5U
1E?/+.+=&'C Eq'3)C+&']5U&7+ ;&*%$&U+A[+5aB%=+;?@+?$&aB?@&C+?$%@&*+{%@=D)~+A+7)~&7
9'( ;V+9'C E)'c.@+jk*)'C $)*&'C %/'^ A*)a'BH@&C+;&'*%$&7+o&'0 A'F.,C+ __j+.@+JV+9C
$&''U &(&*$/a''i.&K+%@{)5*@&''7 }5''C 1E)Ž[+5\''7&M+?@&'K $D&'~ &'7 &'*)8&U+_`+=+&'*$&0?@
ˆˆJ%$)'U 1%/'5MXX+=&'B&7+1P'5C+ b&.?T[i^&C+=&K&8+:+&0?=&K&*+E)5*).G+&*)8&U+_;+=&>
_jC+ED&8+A(%$)U+?,+5n+?$%=%D+;9(&7+E).+__Z[+.=)^+E)5C+1)FC+Z>+E)5Ÿ3&8
__)'''FC+AR)'8 $/'C 4.=&'^ 1J,'K ;%=%D+A>&'7 1J/'K ;%$)'U P'B%+=+&a'B?@+;)'3)>
?$&''.%+=&K+E)''3)>+:?$&''.)8+A''k*?@+ZC&''C 1?$%$@+?$&.)''i0+1J$)F''c>%+=+;9'''^ hm&'C
;)k[+5\''''* j'''''(,K?@+Z'''( ;)'''k5*+?T*&'''R=&M+:Z0+=/'''B?$)R+&'''($&0+E)'''557+1E)'''./+5*
IA(/K+)Y$&U+:AŒ?@+A*)5*$$=?@
A*)]+7&''U&C+4'.=+%$&'U _E,'.@%+=+9'C d'./K+;?@)'U Wu)0&'*%/58+" E)'0m)C+?$)'5>+;&'U{
?/'50+$&'U &'[5C+u).)8&'(&C+j'8 ;&'*%$&U+I+d'57?@+E)'a5>$$=+$&a'B%=+ :h&0?@+9C+E)(&cO
_z*+?/+5U
 !"#'%&'()*+,-  ”¡
__A'[.$@+E)'8?@+$$+= $)'>?+=+A*)]+7&'U&C&0+&a'B%+=+ &8&U+I+A(/K+©&R+&aB?@+;)3)>
$/'C%$+q'3)C+__sj'50+E)0&'*)]+7&U+Z'*%D)*+=&'M &'5(V&MGH=+)'*%@+ $&U+&0+`$&0)*=?@+;&U
_&5*+Ñ+ƒC+?T[+5M+%@&*)8?D+h&7+o?$&U+__d[+.$@+E)(?@++=@$,CD+A0&55*)]+7&U&C+&.)(/KAC
d'[5C+E)'()*+h9^&'C o&'C jCm)C+;$)5>+E)a8&Y=&B+&.&*%$&7+IPi.H=+;=&B&7+%=%D
j'8 ;?T*D&'8&C+_&'*$/C+V)C+Aa'B%/^+1¸=&'8&0+9($&'U AF+.}+5'M 1A(&.)*D&8+&[…ai.&K
;?$%=)'''3 1P'''3,C&C+Aa'''c.$+;?T*D&''''8 &''C ?$?,(V$&''C E)''. __E&''M&0+E&''8&U+?/''5U
hm&C+&€0+)ac+5U+h&.?@%pU+$&U+?T*&R=&M+_E&(&nm&O+1dy5C h&U+=&M+?/+5U+j8+A*$$=?@
;,'k5Y+hm&'C __j'C h9'^ A*%=).&7+?/+5U+u%D)*+Ai.=$$@&C+:ZC)*+x*?@ZC+=&M+@&C&U)(
_z*+daB%+=+A+79O
)Y$&'U __&'.&M+ ;,+.@$)R+&C+Aac.$Z>+%$+,C+o9^&*+AR)O&C+{?/+5U+b?$+{4+5B&0
1h&'0?@+dF'B)C+;,+.@$)R&'* j8+_ZB)*+;&*+E).+ZB)[C+;9^+Acn&*+A(&.9^+A–.&0
_j+5aC&''^?@+j'8 A*)8=&'n&C+&'0 h&'0?@+o&'*%$&U+;%=%T'8 &'* _h&'0?@+dR)'O ;,+.@$)R&'*
s?$&^%@+;@=&C&*+¡‹Aƒ0+&*&^?@+E)(9^+A*9R+E9R+;T5U
=&K9''c8+h&0&[($&0=&''B h&''0?@+`=)''0 &''.%$+;)'''*)8+da'B&…C+?/+5U&'C P'i>+=&'K&U
_j+5ƒK?@+1ED&C?@+Zc+7&M+u)0&+ƒ>&(&7+&…*=D+?T*?$&U+&C =&M+E)(&[.=HD+&F*/R+S+AC&*
A7%@$&'U j'8 :`$&'8?@+j8&'0 z'* o?@%G&'* $&7+:z*+?=%@)M&C+$&U+h)8&(&C+j8+b?$
_?$&''][+5k*$=/C+=&'B&7+E)'589^+A*)0&'.=)KG98)U+1j'C @=&'K Z'C 1E$$+= h&'*)[+.$)U+$&'U
A*)'i5>+;$)'0%G+;$%/+5'3&C+%$&'U ?$&'(%TC+x'*?+=+ %@?/+5U+A*)0&[+.$)U+&7+h&0&[+.$+1P+5C
_E?@?@+A*%=&[5C
:E$$T*)>&''''(%@+E)5*)a*)'''3 $/'''R =&'''B&C+A*)'''8?D+A.%=)'''U &'''i.T*&U+$+A'''i50=)C
1E$—8&''~ ?$)''*?D+)''*?D+1?+,+5''M &''7&0&C+&''F*/R+:?$&'''()0?@+®'5U+%@&'>%,^&7+E)(@)\'5*
b)''R E)(&'R&[C+1j'C$/C+Ñ+7)'B T*&'R o)a'c5U+_E$/a'c^+J%p8&'C A0&'8)*&>+;=)'0)U

_,K)U+;&€+ƒK{Ò+I++¢0+ ¡‹
?D%/^&''C h&0&''3$+ÂE).?$&*$/C=$/''B 9''C $%=@=&''CZ(++,'''K ;$%,0&'0&+7&0+;?D9'K $?}'.@+{§+
_?$)[+5M=)0&C
  ”" ./0'123'456+*67
h)'''0 E$/''C J$&''R 1x*&''BV+?T''[5M+_?$)''8 %T''5(+E)''(=HD+;$%$&''()*+1Ak*&''* Z''C$/C
W?$&()FC+E)aaB%=+Z*%/()*+?$&a+5[+5O?+,C+E)(?T*&R+&.&8%=)0+;=&k[B)U
$?e.&'> &[…C+:`=$/C%+=+%@=&B&C+;q3)C+E)(9^&7+$@,>+&[…C+E?$&U+;&ac.)3+?/+5U
$&'U 9'C &ac.$Z>+_?$&a+.$&0+;9^+A(%D+;$$=&B+ZC+A0?=&K+Z*D+f&M+%T5+5>+4+5B&0
;?@+?/'5U+;&'.?+=/(+$?=9'B $&'U `@+4'.GH=+_E,'kC%+=+9'C Aa'i>+ A8=&*&C+?D=&C+*)8)U
E)'(9C+o?/'5U+_?=$$@+A'F.GH=+%T*)'8?D+;=%/C&'7 hm&'C __j'8 ;,'K J%p8+&[…C+?$&*&^
E)'(9^+A(%p8&'C j'8 ;,+5'C $,+5^+%@&5*)K?T[.D+h&7+&5*+E)(+9C+:E,kC+f&M+j8;$)*+&5*
_E&‰
=)'Y%$@+9'C &0+z*+o&*)B&0+$&U+__u).)8&(&C+%@?G&0+h&7+j8&0+z*+4+5*)B&0+?/+5U
9'C j0&'.)(+&'i5>&0+z*q'> ?$&'7 __h9'^ ;=?$)'. $=)'. &'8&0+ E)5C+4+7&^+/+5*+&8D&C?@%@
?@&''K $D&''~&7&0+z''* &''.H,K+$&''7 E%$&''U SEq*D&'''8 ?/+5U&'7 ?,'n 1E?/+.+=&'C&0+;&'*%$&U
Ij+5+7?@+E)5+5>+z*+o&.&aB?@+$&7+_;+=&>+$&U+&(&*$/ai.&K+%@)5*@&7+}+5C+1E)3,(
_ˆˆ;$?D+=&B&7+%/^+A*%=).+;?$)¨)>XX
)'( __h?/'5U+;&'kŽ+5C+A*%$+=?$)'R u)0?D=&'C)5R+=&'B&7+j'8 __)'* ! =)'Y =%D&M1+__)*
$q(&nm&O&C+?/5U&7+E%$&U+_%/^+14+7&^+/+5*+9C+`=%/^+&]+.+=&>&*%@+}5K=&M+?,+5U+&*&K&*
N E)55r)''B o&''7 1A''39^+·.&''0 E)''55>+&''*G)>+)'''( ?$&*).=&'B AO$&'(&7+_E,(}+5M&'C
__`=)C?@
ˆˆWhV+&*&kC+1hV+&*&kC+=&M+?T*&^&C+h?@+A*%,+53+ZC?@XX
$?=&'''C&0+?$/a'''i.&K&*+Z'''> E)'''a[8+A*)0&'''7H=+A+7%$&'''M &''''.%/K+E)0&''*%/58+`=&''U
Ws;+=&(&*$/($&0+j8+;&k8%=)U
:E&FC+9C+h9^++=&8&7+A*)0?=)5a^&C+&K=$$@+1J)^)C+AB)C
WE&FC+9C+d89^+;@/^+;?D)(+;=9Y+AB)C+
__sE&0)*+9C+h&*)8&7+4+58)0+5M+AB)C+AR9C+?$&U
Wj+5+ƒC+Z>+d89^++=&8&7+A*)0&+7H=+?/+5U+9C+h&.;=%T*%/58+h&U+AŸ3&C+9(
__&*%$&U+9C+d0&.90+$@,K+$/8&M
__&*%$&U+;,()^+=&C&7+d.=%G&M+$/8&M
_%@+zi^&C&7+@,0+d.=%@9^+E%$&U+=&C&7+=&M
 !"#'%&'()*+,-  ”Š
__h&*+VH=+$&U+;@=&K=&B+&8&0?@+4+5a3+$/8&M+j8
__j[8+A*)0&+7H=+jC&M+AaB%+=&C+A0?$=+?T[.D&0
_E$)R=&C+A*).G+Aa^?=@+?=$&K+E%$&U+{j8+A(%$)U+j.,(+}.D)U+9C
)Y$&''U _o9''Y &''a5C+AO$&''3 $&'''B)(+&'F.@+;?T[+5M)'( S)a'B?$+&'cO&7+%=%D++,'>/a0
_$/C+;&0+&+7@+A*%T+57+A^m/O+`/K+1Pc^%@+A8?@+1E)*+4+.$+A*)0?$)R+;T+5M+;T+5M
_A398)^+&*$/R+E$/C+%@&0&($&F3&U+&7+;&*%$&U+A8&Y=&B
;?=&8&'''B $,.&'''B Aa'''3 %@%$&'''M&7+?$)]+5M&'''C &''''0 ?$&''.)8=&k8/˜+;?p''> =&''M
_%@?T*)i5>

! '>!Fe-!=2!F?

9(=&'M ;@&'U IA'(/K+1J,'K ;%=%D+Aa'B?@+1L'5>+&'()M+ $%pK&[+5>+;9^+=&k8/˜

Ak*)'C =&'K&8+__sA.%=&'C &'a5C?@+$&.?$&a'3 `T*&'M L5>&'7 P'3 `T*&'M ?$/(/K+J&*
9'C ?$)'(/0+E)'.9^+?$?=$$@&'7 &'0 %@&*%$&U+f&K&7+$?,+57+E@=%/^+E)*+9C+Pi+5M&*+P[8
Ws`&FC+E)8,+5(+&cO&C+=&M+&a0?=&K+ZR?@+Z>+%$+__JV
hm&'C __%$+Aa'3 $ E)'F[^+$)8=&'B I&*$/†&C+?$&*)[+5M+=HD+PK=&8+A*)0&(?=)C&B
A'O?T*?D+`=)Y&'C ˆˆE@,'8 E)'B,C&7XX+;m&'C &'0 @,0&'* A'[8+A*)8$&'O N AB)C+4+50&.
_h$$@,C
&'F*/R+S@,'0 E)'.%=+1E)'B,(+P'c5C+E)'. &'cO+h&'U ?T*?$&'U =&'M 97&'M $=)8+&Ÿ3)U
A''3&C+Z*&''(&C+?$&''(H@,0+E)''.90+?=%/''5U+)''( ?$&'''.A*).&C&7+;?$&'U A'*%D+E)'.?@+o)'C
_)0)*+&0?=&k8/˜
ˆˆE@,'8 E%/'[5(XX+&'7 E)B,(+AB)C+J)M&*+E)aF+50&.+I&.%@+;&c+.=+%$+=&M+=&k8/˜
$/''C A*%$?+=&''cO+A[5+7/Ÿ+7&''M&7+d''./K+4+.=)'''C$$=+b?$+?T*&'R=&M+?$&'89^+$)R&'C s)'FC
Aa''B$=T*&(+;&''8&C+=&''M :h&''0?@+;&''8 458&'''0 ;%$%@+/F+7&'C __ZF'3)*+Z'> d'5a./[5(
_Zi^&C?@+)–53+$$D&C+$$D+1`pK?@%=
IJ/''K ;?@+L5>&''R &a''B?@+;)'3)>+:@,'0?@+;&'8 ;%$%@+?$&'cO+h?@&'C =&'k8/˜
E)0)5*&'( IA(/K+1A*&F+5>+%=%D+_z*)*++AC+hV&C+?$/ac^++N+dF+5+790+?$$@=%/^+h=$/i8
  ”« ./0'123'456+*67
E&'''M d^=&'''C $$@+:;G?@+L5^=&'''C P''''39K&C+__;G)''* E)*&''C =&''M L''5„H,8+j*)''*ZC
_?=%@&'8%=&C+A^=&'C P'39K&7+hD&'~ h9'^ _j'.,FC+&'8%=&C+ 1j+.,FC+b)R+1j+.=@+,C=&B)C
E)''. E&''€7&M&C+&''0 E&''0?@+&''*%$&U+A''3&C+:E&''MV&7+da^?=@?=&'''C $?/'58+1)'5K+E)'c.@
;&'0$)*+1j.&'0?@+4.=&'^ E)'89^+E)5*T*)F'3&C+E&'M d'[5+ƒF+./(+ Aa31}+./K+__EG&R&C
_j.&^?@=?@?$+o?$%=)3+1E)\*&>
&''[.?TC+P''B?@+E)8$/8&''M Z'''C?@+hm&'C :j'.9^?@+h?G+j.q'3)C+;@+AF58&'0 ;%$@
&0&.)''3)>+;9''^ 9''C &''0 o%=%D+:j''C 4.=&''^ &''F.@+A*%$&''U b?$+)''3)>+&'''($/Y+__=)'0
_4+.=&[+57+Pi+5R+&a+5…C+Z*%/(?@
&''*)^=&(+9'''^ ?=&F+7%/'B $&'U )5*&'( :$/'C o9'^ ?$V&'C E).?D)5['i5>+h&'U E%$/()'M
AR+?$&€+7&M&C+%=%D+{IA(/K+:@,0?@+f&M+A($/7+J%=)M&C+1§%=&3+1P39K&7&0 ZC&*
=&''B &''a5yC+&''.?$&U+9'''C `=&'K?@+f&'M %@)5R&'C ’H,'8 &'0 )'.)U+WE,'kC++N+A'./K+Z'7?@
;=%G&''M)CXX+I?$/''C A''R Aa''B&C&8+%@;?$?+,.&''> h&'''7&0+da'i.&K+Z'( )a'c5U+__sJ?$%@
_j+.°C+$)*&7+E)0?=&F+7%/B+`$&.?@+AR9C+&0+u%D?@+o?$&U&C+ˆˆZC+b+=&n$/8+DHp>
;=%@=&'C PB?@+;$/()M%=+?$&5R&C+:&C+&ƒ5F39^+j8+b?$+o9(+A*‘n+IA(/K+%=%D
P–.&'0 %$)U+=&K&U+__?$?=9‰++N+A(9^+;$)U+:$/Ä+J9^+;$/*%@+14*?@+)Y$&U+_&C&8
9''C )5*&''( h)'B).+$D)'….=+;=&'[./*+&'0 j'8 :A+ƒC%T+7&'M )'(9^+Aa'i5R&C+=&'M Z'C?@+D)'B
ZC+A0?=&K+4+5B&0+hm&C+:h$$@=&8+$/8&M+9C+w+4+.D)…+.=+ZC&*?$+:d89^+A*%=).+1h9^
Z'C o9'^ f@+%T*?$)8?D&'7 __AC+&+7&0$/B+)O+AO?+=+E)Ÿc+5U+&ac.$Z>+`$&FC+d[+./3
1P^&'B AF+5a'3 /8&M+&(%T…+.+,n+;9^+¸=/K+?$&0&.;T*/(+1Ar)B&C+:%/^&*+J&n&^
_?$&(&0V&n
N E)8&'''(&]¤5*+$D)'''* $&'''U =&'''K&U+&'''†)0?T.,8+1+h9'''^ 9''''C &''3)C+%T.$?D&''7 A''R
_?$&[.,K?@+;=?$+&*%D&C=&Y+%$&U+%,0&r?@&O
$pC+j.,(}+5M&C+__&.&M+E)8@=&K+ZC+A*)Œ)U+1z39*?@+b%=9^+j.q(?D&7&C+WhD)[C
_ E&M+E)‚?,n)U+j.,(&ƒ5¨&*+$++=?$)C
I A(/K+%@A8m?$&7+PB%+=+&aB?@+;)3)>+hm&C+:J/K+;%$)U+%=%D
 !"#'%&'()*+,-  ”#
1ZC&''M P'''B%+=+%$)'U ;&'cO&C+;%$+,'C {)'*%@+A0&'.%,C)0+&'5*+,.&'B AF+5a'3 ;=&'U{
%@+j+./'''3 b&'''.&7+1Za'''B&M+&''''.)*%@+$&''U ?,.&''B =HD+%@+Aa''B%+=&7+WsZ''[C%T+5>+A''*%@@
WZC&*+Ê=&0Ê+$)FC+pK+b&.+G@+$$@+¡!:P3$$@
A.)'5[+7@+?$&'[.+=?D&C+o&'0?=&0+_J/'K ;%$)'U ?$&*)B)>&~&C+PB%+=+&aB?@+;)3)>
_;+,C=?@
&''C %@$$e''58+A…+5a0&''7&0+@,''0 Z'''> Aa'B?@+&['3&R+$&'C ?e'.=@+$=$$@+&'(?$%@+$&'U
E%$)'[C+1E%$=%=&'B %@+o&'*@,0+/+5'3 $&'U ;&K=&Y+&7+_$/C+,+.@$)*+ˆˆ+A[+5\*+A[+./3XX
_ˆˆV)C+A„H,8XX+=&B+?$&()M?@+&cO

! C*G!'i;N(
!
&'0 E@=$)'M 9'C h&'*D&8+&.A(&.)a+5'3 $&'U {?$&'F7&^+h&'U /'5*+&'‚)M&0+ =)Y+h&0&.
:ET''*%$@+&‚$&01h)a''B?$%+=+A''57+%@+Aa'''iK+A*%T.&'8&7+_j[+58$&'O ;?@+E)0?pK&'39K
&'3V+ 1)*&(+Iu)F+.=$)M+1h9^+J)M%@+$&3&0+_ZC@,0&*+h&cO+ž&0+f&K&7+b?$+=&M
_h$/C++,B+$$@=)B+A0&.&3V+di.9^+?,kC+__?$&[.)8+`$&7+{E)0?$$@,8
h@,'0 ;,+5'n :$/'C %,F'3)U+9'C d'3?D)(+ A0&.AaB%=+%@+Ak*}K+h?D)(+A*).&C&0+hm&C
Id+5+ƒC&0
&''Fy+./K+1E)''.)*?D)*?D+&''7 ?$%@+d''5R+__2&''k8$@=&8+1Aa'''iK+A*%T.&'8&7+?$%@+d'R
_ˆˆE)5*)0?e+.=@
%@Aa'iK+A*%T.&'8&7XX+¾'C &.&'cO+ h&U+;,+5n+?$&[8&7+_&8?/+5U+f&K&7+WE)0m)C+?$)5>
}5K=&'''M E&'0?@D&~+E)'(9^?$+! E)aa'c.$+=&'K&U+ˆˆZ'[5M)*++=?$)'C m)'C A„H,8&'C ž&'0
E)]a'iKXX+Ij'57?@+19'Ÿ8+9'Ÿ8+&'*$&0?@+?$&'[(,K%@$)R&C+ &0?=?$)8&Y+%$&U+E&0&*+&cO
_ˆˆz*)c0&.
b&''5*/R+?$%/''^ A8?@=&'''C&7+)'0?@++V)'C A'„H,8+A'7$/F*+2&'K ;e'./(+W+V)'C A*%$)'5>
_4+58V?D&0)(+1E)0&[5R+&a+5*%$+=?@

_ˆˆ1()D?F;G>HA;0=;IAJK01;L9;M?HN1;ODP;G1__!XX I?$%,B$/*+&0+ˆ !¡ ÁX+9C+¡!

sZC+" G@$$@+E).+P3$$@{+I+&0+{u)8/K&C+ˆˆj.,8V%X+;&3$+&7+%@?,+57
  ”t ./0'123'456+*67
%$&U+__%@%/^+A8?@+=&C&7+&.A*)c0&.&C+E)]F+.=)0+ ;T5U++AC)8&*+E)0?T*?$%/^+&0
;&''U &'''(%$&0+_j.&'0?@+A*)'c0&.&7+A'7$/F*+%@$&'U A8?@=&'C&7+o&']5U+&'.&M+=?$)8&'Y
_?$&[0&aC+1E&FC+f&M+Pi>+=?$)8&Y+1AaiK+A*%T.&8+&7+W&[.m)C

”
?$&*)(=&'''B&C+$@,'8 T'*?$%/^+%@&'*)8?D+h&'7)U+__s%@%/'^ ;)k'i5>&7+z'57?@+W&'[.m)C
_?$&*).G?@&*+o?/+5U+?$&y.+=9K+&.)*&*+;9^+1P+5C+$/C+2D+A0&.m&C
&'a5C?@+ o+V)C+A„H,8+:Z[+.e>?@+;9^+;=$/*+1P+.@+b)*$$+=+;H+=?/+5*+%@&*)8?D+h&7
svi.&K++A(+h&.&cO+h&7+W&[.%,C+`=&U+_=?$=&B
E)''''. __s?$/''''C o$/''''( E)a+50+=$/''''B &''''7@+?$&''''U __ED=&''''7?@+f&''''M d'''''[5C+E)'''(?@
&'''C L'''5^?DH@+AK&'''B A''''5ƒC+9''( __sE$/a''3m&O%@++N+A''8?@+³?DH@ ?$&''*)(=&C%=&C&7
WsA[+.+=$/ŸC+)*)a[+./3
;&0&'3&0+E@=&'K ?/'50+&'.?$&*%G&C+b&'.&F.%@+%$&'U _?$&'i5>+9'C WE)0?@%Dm)C+;&U
m)'C A'„H,8+&'*)]0?=&K+ &]+5U+)ac+5U+_@,8+&0?T*?$%/^+_?$&()^?@+A(&.)„H,8+;GH=%$@
_;eC

 
%T*)'.9^+/+5*&'7 E=?@+Z>+Ak*,K+1E,k+7&M+?/+5>+f90+=HD+%@+h$@=&8+/+5*&7+;&*%$&U
Z'*%}C+&'.?$&U+;=9'^ h&'^ %=%D+hm&'C __`}+.=)'€C+’H,'8 A*).G+&0+?$&[B,>?@+4+5a3&7
_`$&0?@=&B+%@;9^+A(&.)„H,8+=&B&C+’H,8+E9R
;&''„H,8+h&''U Aa''c.)C=?@&*+?$V$&''C $&''7 __&8D9''B $)''k5*+;)K&'''ƒ…5O++V)'C A'„H,8
;?@=%e…+7&'''M 1J$&0&'3)>+;=9'^ h&'^&*+__u%=%G&'M 1E)'8}^+Aa'c.)C=?@&*+1h)a'c5U
_dF+7&^
&8G/K+E)c.@+:4+5r)*9O+$&[C+&a+5C?@+&F*/R+`$?@+o9^+&.9C+h&„H,8+h&U+W&[.%,C+
{%@++2@&'''7 hT''58/U+1E&''0?@+P''c.$&39^V&7+h?/''5U+h&''0?@+;@&''C %T''5(+E)aF+5(&–''B
_?$&[[+.G$/C?@
 !"#'%&'()*+,-   ‹
?T[+5M&'''C J?=)C&'B SE$/'C %D?=)'3 %@! z'5*%D+b$/'B&C{+&'7 Aa'B%+=&C+WE)'0?@%Dm)C
%@+A[5k*&'B 1}+.=&'7 E)'c.@+E?=$&'K %@+E@,'0 b$/B&7+;&*%$&U+:&|)O+E)a+5>+hT+58/U
_E?=$&K
=&'B&7+&'F*/R+:?}+.=&'C A>+u)(?=)0+h&U+S?$?@,0+E)a5O)(+1E$—K+?$&.;T+58/U)*&7
_E$/C&*+%/c.=+L.}+.=)>+9^&C+1E$/C&*+h%=+E%@?$&aB?@&C9^
AF+5(&–'B ?}5R)'* $/8&'M Ak*)'C :E=?$=&'B ?$&'(&*+A0&'7HD+$+&'Fƒ0+ %@&*)8?D+h&7
_?$&*&0?@+Z(+?$&*)»&*+$+A+ƒB+1oD%$&*+1h%=)U&7+1j+ƒ+5M?@%+=+{%=)U+T*&B&>
$?+,+5''M &''7&0+A(&.%@,0=&''B 1zy(&''8}^+1A*)''*G+J&–''B 1E$)''5>+&'''y]5*+&'*%$&U
@&'C AF+5a'3 T*&R+;)U+:jC+f%D+%@)5*@+AB$/*?=)R=&B&C+E)8&(&C+1E&0?@+J&8)3&~
?$&'''7 =&'''M jC)'''* 2/'''0 &'''*%$&U+`+,'''C E)''''(%$@+E)''0?$)5>+&''y]5*+;?$&''(&*+b?@+W?+=&''n
s)0?@+e+.=@+’H,8+A*).G+?$&.A(&.)39^+$D)*&C+4+5a3++$&U+I?$&[B,>?@
_jC?@+f%D+%@&*)8?D+h&7+&[3&R+h&C+)U
&''''F*/R+:E$&FC=&''B =$$G$?=&''C %@&''58?@)U+&''7&890+$&''U =&''B&C+Wu)''0%,C+;?@)''U
_Em)C+A„H,8+;=9^+&[+./^+1j8G$@
$?$&'''*@,0+£'''B 1;}+.=)'''>9^+$@$/''''† Z''C A.%=)''U T*&''B&>+=&''B&C+Wu)0&''7)„&M
9'''C ;D%/''''^ E%=&''8)0+1J%D+A(&.)''39^+$&7$$,+58?=)''3 129''^ &''ƒ.@=&K+A.,+.@$)''R
_?$&[C=$$G+$?=&C+1jCm)C+1j+5iFC+f&M+:%@+{h$$@=&8+;&C=$$D
E?T''''C E)''''(9^+;?$&''''7 ?q''''3)C+E,'''''K%+=+E)'''(9^+$&'''.;T+58/U)*&C+WE)'''0?@%D+m)'''C
_j.eC+%@&*)8?D+h&7+j*%D?@+&F*/R+`$?@+o9^+h?/+5U+&.9C+_?$&aB?@&C
j[5C?@++N+;,+5^+1ED)*?@+?$&5+5> ZC+,(+T*&B&>+AR+E).G+&7+&[3&R+$&C+)U

¡
1ET*%+=&'''>=?@+x[''''B&C&0+`$)''* h&''.A(&.%D)U $&''U __WsE%D)''U ?/''5U+:&''[.%,C+`=&''U
__;@+h&M%=&n+$)R=&C
_Z[5C+;&*+ž&0+&0?=&K+dF+.D%/^+)5*&(+A(&.%D)U
_ZC+?$?T5M&3+;%/^&7+&0?=&K+h&*).9+7&M+$&U+;D&C&*
   ! ./0'123'456+*67
E)'5y5M+?$&*)0&'39^+=&'B&C+E)'0?,+./0+ __?$&*)0?qc+5U&C+E)0?$/C?$&F3$+&*)5K
_&.?/+./0&C+;=&C+;=&C+f@+;}+5M+j*%D)*
__&''^?DH@+A+7)'''R ;?$&'*$/C++=9'3 &'C __&[a'i5*++N+ž,'( ;)'B).+&'C E$/'C J)'8 f@
W&5*+?$&^)*&C+E)53&C+1E&Fƒ.$%=&B+ZC+D=&7+1ž,(+E)53&C+)(+&*m@$&U+;T5U
&'(%TC++,'C ;9^+Ak[R&C+1jC+ZC+A.m$/O+&a+.,kC+¢5(+9+7&M+;$)R&C+&F+5B&0+{%D)U
_W@=&C&*+$%D)U+&.?$&U+)U+:E)0?$%,+.G

"
__&''.%/^@&C+A0&'''.H,8++A'C j'8 ;&'B,>+A+7%@$&'U ;&'B&0+$&'U I&'*)./($/K+E)'.)*%@
=&'''3 $&''''>%,^+:%+,''C?@+%@+o&''*)8?D+h&''U A''^H@+$=)''C =&''B&C+&.Aa''B%+=+$&''U &''KD9^
b?$+%@&'>%,^+$&'0)R&7+’H,'8 `@+)'( &ac./+5>+&(%$&0+:}+5M+j.q0)R+&(?$/C+%T„H,8&7
E)8&M&7++V)C+A„H,8+9C++=&3+j.,(?=$&K+I&89^+=&8&7+;$?,.&>+&8&U+_?$&a+5…C+D=&C+b&.
_;9C+?,+5^+%T()0
A'[5K}8+;&a'c.)3+E)55*)\'5Y+AM)'*/K+$&'7&M+ A*%@m90&C+1j(,K+2&M+%}B+Ak*)C
b?$+{?$&'89^+$)R&'C L'5[8+_%@+2&'k8$@=&8+/+5*&'7 $/'C E)0&'ƒ.+,+./^+ A[5R+Ai^&C
_`@+d–.&0+?=$&K+AM)*/K&C{+&B,>+j.,(?=$&K
__?$/'''Ce+.=@+E)5+./K&'0 z'* &*)'B&0+$&'U A(&'C)C+&*)'cO+?=9'Y h&'U %,'3?$&U+f&'K&7
&''*,0Z>+b=?@+;e''5Cm%$+Aa''B%=+;+,''C :Z''3)*+4''.=%D+$/8&''M 9'''C L50&.&'3$+$/8&'M
A*).)''3 L5*)0&'''79^=&C+&'R)O+:jC?@/.@&'* %@V&'8&M&C+1`+=9'K &'[.@+:j*)0&.A.)'B)U
_Z*&K+E)5C+1E&FC%=+%@&*).AaB%+=+$&U+;%$@&C+z*?$&U

Š
A0)'R ZCT*%/+5'3 E)'a5R+E)a*)0&'7&M&C+d…()'M ?$&U+9C+IE%@?+=?$)C+$&7+).)U+W&[.m)C
;)''k.=+E)''. :h&''FC+D)''B E)a*)0?T*&''8 =%D)''U 9''C f9*/8=&''* ;)K$&''^ E)'''. __?$&'8&FC
Wsj+79R$)5R+;&k*&(/+5*+;$%/+5i+57+=&B+&0+h?TC+&*%$&U+A*)i5>+J$&F3&U
 !"#'%&'()*+,-   ”
q'> GH=&'C GH=+`D%/'^?@+%$+:Z[+58&'* &.?@=%e…+7&M+E)a8)0+?/5U+;=9Y&7+)C__,+5^&*
)'( __?$&'a5C?@+&'F($/7+$?=&'C ’H,'8 &'[5[Rf&M+Z'> x*&'( h&C+)5*&(+__jC%@D)K+$pK&7
_Z[+50$$+,>+;?@+?$?T[3/0+;&^)¥&R&C+&Ÿi.,(+?=$&M+;&*)[+./3+$&U+&()K?@
$?=&'C __h&'0?@+h&'0 AF.?=)'8G+ ;&aB%+=)U+u)0?D&~+$?$&*,0pC+%@=)KGH=+;=%/C+&7
1Aa^&C@&C+Aac.)C=?@+_E&i58&M+=$$@+$%=$$@&0+?$&8&0?@+E).&*%$%@$$=+$&U+;$$+=
_h&.)*+E)a*)0?}5R)*+?=%D)U
SE)'.9^+;?@%+=+&(&*$/a'i.&K&*+E)'a*)0?=%D)U+ j[+5M?@+A(=/0+%@Aa^&C@&C+;=%/C&7
_’H,8+=&C&7+b?$&*+Ee+5R?@+=%D)U+E)(9^+=&C&7+=&M+?/+5U+&F*/R
;?T*?$&'U :j'*DH=@+E)'8/K+Z'C E?T'C N &.&˜&F3&U+$&U+A[(,K+&K=&C+AnV+=&K&U
h&'''0)*+;@&'''C %T''''5(+E)''(%$+AF+5''B&0+?$/''(,K+h?$&''*$/C+`/''B 1;D%$V+;&''K=&C+j''8
_`,kC+E).&K=&C

«
b&'>&7+J&'*)*&(+:Za'B?/C+;9'^ A*T*).&'K=%D)U&7+&F'B$$,C+?=$&'M w)'* ¢.)O+?$&C
;9''^ Aa8&''B E)'''i5*&7+$$=+`$&'8?@+j'8 _%T'CV+;9'^ ;D)…+.=&'7 Z'C)*+%@+A'i5[($&0
_)FC+u)0&aB&C&8+¦(&8}^+1`,kC
h&''M%=&n+AF+.=$&''M$?$&(&*$/C++,''R $?$$@=%/''^ Ak*&'''> j'8 =&'8&7+A.)'*%@+?e+58&'7
N&'''C&O&7+1&'''0&.A.)*%@+__+A'''C?@+P'''B?/.&>+1f)'''( A()8/'''i0&C+1P+.@=&''''M :?$)''[5M
_%TC+N+&^)¥&R+1`e+.$)\C+&FB$$,C+?=$&M+E%GH=&7+`GH=+I?$%,B$/*
=$/'''* A(&–''B&C+&''0?=&K+d''3&*+:&''*)8?D+h&''U ;&''7H=+9''C 4.=/*&'']…C+`$&''8)*+j''8
;?@+__h&''''‰ J%p8&''C E)''5*$/C,+./0+&]a''B&C&8+?$&''U A()C&''7 _w,+.@$)''* %@+E)./+5*&''7
WW?=&C+E)5*)0?$)R+;$)U+1&[+5™,iC+Wh9^+A.)*%@+;&0&Ÿi.,(+?=$&M

#
;%$%@+;&'B&0+$&'U _E&'C&*+Z'> ;&'> 1ZC+=?@&C+?/+5U+;?D$+&7 E$&0&8+Za3+;%$@
;%$%@&'0 %@&'7&~+$&'7 &F*/R+S?$/C+EDH=@+%@;9^+f&K&7+ZC@,0+;=?@&C+)*%/(&7+Aa3
     ./0'123'456+*67
:Z''C?@+V?$&'''( N ;?=$&'K AF+5a'3$/8&M+)'0?@+?$%,0A.)'BV+1?=$&'K J&'7%$=&C+Aa'3
I &0)R+L+5>+&a+.@+;9^+b&.?D%T*&U&C
&O&'''3 $&'>,O+?T*&'R :E$%/'B f&'M %@+h?@&'C ND+;&'3$+:&'.&^97+?@,'8 :&'[5C+2/'0
W?@$/BZC+;&0?=)0+Z[+5acC+f&M+%@A*%T0&.&C+PB?@+1A*)0&˜&>&7
j.q'3)C+j($&'0%$@+1E@,'0 J)'5[O+:E}+.=)'€C+E%D%/'^ ?=$&'K&7+E)'(9^+ WE)0m)C+H,8
¡”
&.&[5˜&K
%,'(/K+&'0 __s?$$T*&'B ;$)C+Ê2K)%@1Êh$$@=&8+;&7&K+%@&*)8?D+h&7+&5*+?$&U+;&U{
;)''k.=+:&''5*+%@@+&''*$/†+Z''C $?=$&''K E%/+5*&''7 b&'''.;D%$%@/Y+'5M+&'7&K+$+A09'3?+=
$&''*DH=@+;=)''C A''C h$$@=&''8 &''7&K+&''(%$&0+__?$&''a.,0)*+)'5Y+;T'F57+J$&'R 1P'B%=
_)0)*;&0H=@+A*%$)(&C+PB&M

t
A*)8?D+:&*)8?D+h&U+_E&FC+zC%@+E)(9^+&*m9K+/Y=/K+WE)0?,+57@m)C+$@%D)U+E%@e.$
%$&'U $/'C ¢.)'O A'5>+&'k7&C+ZC&'C _$/'C 45a3+;,+5n+&7&K+?T*?$&U+=&M+_&8$$@=&8+&7&K
$/''^ &'''(9C+E)'557+&a'3$&U+E)'. E=9'kC+E).&'0?+=?$)C+$p'C j*%/()'* ?$&'F5*)M=/C+5M&'C
_Ee+.$)M=?@+E)5+57
__&''.?@,0&*+;=)'''0 &'*%,.G+Aa'3&C+E@,'0 ¢.)'O 1ET*)‡&'BZ>+%@Aa'iK+A*%T.&'8&7
;=)'0 %@+ž$&'7 1h?@+;=9'Y f&'K&7+ ?$&8}*$D=&C+;%@&B/k*?@+$&+7$/Y+;9M&C+/F+7&C
;?T''''[5M+4+5a''3 ''5M+%@=?$)8&''Y $&''7&K+A]5C&''7 _Z[+5>&''B?@+;9''^ ET*)‡&''B Z''>
WZC)*+J?,n&*+$}+5O+A3$/(+;&k+7&C)3

;V&'CX+%@+;&0&n&'c7&n+A*)'5K+f&'K&7+:?$)'*%@+ &[5˜&K+j.q3)C&C+;ˆJ)5[OX+%@?,+57&0+ ¡”
E)'89C+&'…5a0+h&'U AF+.T*&'C $/8&'M A[5*%$+,5(&'C _?=%$G@+A'F5a–K+1Z'˜/K)*+ ˆA*V)U{?$&[8
?=$&'K ;=&'3 A*)8$&O+$%@;9^+A(%D+=&B&C+@%}58?@)U+A[($&0=&BXX+;)8&[C&0+`$&0?@=?@
SZ'˜/K)*+ˆˆJ&')*&OXX+;&7&'B&8+f&'K&7+}5K=&'M &*)…5M%=+1&*)i+.$=?@+;+=?$)C+A[5+7)8%=+9C
¢''5(+;?,+5'''U ;&.&'cO+h&'U &'(%$&0+_?$&'()0?@+=%T'[8+j($&'0 %@+h&'0&C+1J)'5[O+%,F'3)U&C+$&'U
_W&.&i8+AF+58)˜?=&B+$&U+9C+L5*%=&k5*+;=)C+$&*)i5*
 !"#'%&'()*+,-   ¡
&''*$&0?@+%$&''U J$&0=&''B ˆˆAa''B%=XX+%@+h$@=&''8&7&K+/+5*&'''7 4.=)'Y 1J)'M =&'K&U
1Z'''C@,0++N+A'''090%@+4+5*%/+5'''3 N =&''''B 1A''.%+=9K++A''C?@+Ij''B,>?@+;T''F57+19''Ÿ8
WsZC@,0++2&C&O&7+A[($&0=&B
__Ee+.+=&'* Z'> E)aO=+E&FC++N+E).}+.=)>+1ET*&8@=?@+bHD&*+b?$+E)0)*%D+;?$&U=&C&7
E&'0?@+ f)i5n+_ZC?@+J$$+=?$)U+E&FC+b&.?T[+7)C+;,.&B+jc5>$)R+$@=)B+$)R+?T[+5M
%@+¦*DH=@&''7 45'B&0+:j'C E)'(9^;).=$+%@+E)5'3&*)i+5F+7&M9^+h&'7 :z'* EDH=@+&'.%/K
_ ?=$$@+E)5[.&C+ZC+PB=&>+AaB%=+4+5B&0+1ZC=%$&+790
&'''39M&C+h+=?$)'C h9^&'C o&'C _&'.&F.@+AF+5a'3 A.)*%@&'B=/O+$&F+5a'3 A8=&'K )'*
_&*9R+$&5R+ˆˆAaB%=XX+Z*%}3)*+)FC+H=@+Z*%D&*+4+5B&0+&(%$&0+S&5*+E)0?@=)B

!‹
__j+.+=&'''kC+f&'''M %@+E)'''55>+E)''''(9^+AR)O&''C E)0&''F($/7+=&''B &''*&kC+E)aa''c.$&0
_E%/+50+=&B+&*&kC+A*)5C+A*)F3HT*m&O&C+jC&8?$&U+AF.=&^
I%$+=?@+@,F*)i5*+$?=&C+$)(+,>&C+1œB&U+A[.D+=&B+&()0?@&0+,n+&0+Z+ƒC+?=%/B+$&C
?@)''5>+%@+o&''.)0%$@&7+$?$/''C =%/''B )a+7&''K&7+J&0&7&'''3 &'R)O+ZR&'* JpC&'7 W?=%/'B
_?$&a5C?@++=93+A*)8}*+9C+?$&a.D=&C&7+1AC?@

!!
_`,K?T+7&''M 4'''B&C+;9'^ ;&'7H=+)5*&'( L5(?,n)'U :E=&'[5Ÿ+7/^+?/'5U+E)'0?$)5>m)C
AO&'R %@$)F*&(&7&0+L5F+58&7&C+&*?@&8+`+,n+E)(9^+_E$&0&8+?D%T*&UZC+Aa3+;?=&O
j''*%/(?@+$&''U ;,()''^ =&'''C&7&0+E&'C&8+L5*)'8/K+:&*)a'B&0+$&'*)aF.}*+Z'0 j'*%}C+_Z'C
_j[+5\C%@+4+5a3+$&U+A()C&7+j*%/()*+b?$+=&M+__E&FC+4+5a3&C+4+5a3
:?$&'''''*=&C+A*)'''(9^+;pC&'''7 1j[+5\'''C ˆˆE%,()^=&'''C&7XX+;&'''($&7+D%$+W&'''[.=&[+5M%@
=&'C&7+$+$&'U&C+J?=)C&'B 1h&'U ;,()^=&'C&7+E&'0?@+ 4+5a3&0+?T*&C?$&C+E)a.T[B&>=)0
_E&FC+ž)0+$+=&0+E)(9^+?$&*)*DH=@+&B?=&0+$,+58)U+$&U+=)O)U&7+_ZC&*+9M+&*‘n
;=9''K /7)''U__?$+%,'''C E%$)'5>+?=9'C ;m)C&'C $&0&.&'3)C+%@+4'.}*+A'B&0+$)[+5>&'7 =)'0
?=9''C $&'''U __?$)'C %/'3?@+;@+;&0&a'B?@+4+5a'B?@+{o&'.&(/K+h&'U __?$)'O %T*)./+5*&'7
_E&.)*).,n&C+1E}+5M+ZC :&5*+?$?/+5U+A.T[B&>9^+=&B&C+E)5O&M+&8$&O
   " ./0'123'456+*67
`,'0?@+;@&'C &'.;}+.=)>+9'^ 1j'(,K%+=9^+ $&U+%@+E)a.T[B&>+9^&7+WE)0?=&[+5Ÿ+7/^
;&'* 45K$)'R '5M+ )ai+5M+&0&.?/58=&C+;=$?@+E%=$?@+E)a*)5„+_&*).&M+E)0?+,>+4B&0
=&'B&C+ E)a[ac./39^+A0)>=&B+1P+5C+)Y$&U+_%@?@Z>+A0%=9^+1A(&.=%@)K)U+__?/.@
&'.&8&U+;T'5U+ ?$&a+5C?@+E$$=+E)a0&.T[B&>+=)0)U+$/8&M+%@&8&7+{`G+,C+%@+E)a*)0&+7H=
j*%/()'* E)0&'*DH=@+ &(%=$/aB?@+$)B).+&k*?+=+h&C+__?/+5U+Aac.$+&.?$&U+$?/+5U+A0=&U
_E&FC+E)(%+,8/K

!”
?$/C+L5F.%@&7+;?$&U1&39^&*+ZC?@+4.%@&7+;?$&U+j*%}C+WE)0?=&[+5M%@+m)C
_?$/C+g5>
4''i.,8+Z*)(?$&''U S&'''5*+J?D&'7 %@+E$/'C 2%T[8&'7 j*%}C)'( j'B,€C+E)a*)0&'(?,n)U&7
WZ[+.,¤53?@+1A[+5M?@%@+?$&*%G&C+L.p)3+$)0?@+&Fƒ+5M+?$?=)K&C
b&.+Ac5>+?D)(+A0&.&F(97&8+$/8&M+_?$/($&F+5(+E)a*)0&F.%@+Ac5>+W&[.=&[+5M%@
?$&*)\5Y+&a+5[+5M?@
W__)FC+e0)>+;9^+Acn&* 4.=&[+5M%@+$/8&M+&ac.$Z>+&(%$&0

! 
A''']0/~+_ZF''''3&*+%@=&''B&C E)a(+V&''B?@+&''0 E&''0&8+%TF+5a''3&7+A.%=)''U T[''B&>
_E)(9^+;9aB&U+&*,K&8+o?@,0&*
__jC&''8 ;=%@=&''C P''B?@+?/'''5U++A…a'i5M+ZY&'C E).T['B&>+AF+.$)']5Y++E)'a*%$)C
;?$&'U hm&'C __sZi0&*+f&M+%@+b&(&7+E)a*%$)C+Aac.$+=&K&U+?$&[…Cm)C+j*%/(?@+E9R
WjC=%@)'K)U+o?$&'7 :=%/'….=+%$@+&'a5C&*+1Z'C )'.=$+Z'C?@+ A(&.)k*&i+5>+&()kC+&.)8&(&C
45*)''B&0+I&'.?@$/M++¦'C AF+.=)'0 &'8&U+__E&'FCT*&8+DHp'> E)'a*%$)C+A*)0&'5ƒ./+5C+Z'C)*
 !"#'%&'()*+,-   Š
v'B&M+{?$&a+5…5'3)8¡ E).D%=&'C P'39K+ 1ZC%@+f&M+E).&8+1jC—K+?$&*)*G&7+E)5*%$)C
_E&FC+A0)>+j+.$%@+1;=$/B$$=+;%$%@
E%$)'''CXX+?$)''5>+?=9''Y $&''U A50)''> j''.$%@+;)8&''(&C+1j''*%D?@+Aa''c.$Z>&C+=&''K&U
N A''5>+E?@?@+h?@+;=HD+%$&''U{?$$@,''0 ;=)''.@+9'C E)a+5'B).+$$@+4+5*G&'0 E?ˆˆ$%/+5'3
__Z[+5\''C ;9''^ A8)n&''*&7+D%$+&''.%,C)0+$&''U d[+5‡&''B ;)''* h9^&'''C o&'C _E+,'C?@+f&'M
%$+ˆˆ&'.Aa+50)>+;D)'….=+ &8&UXX+Aa+5…5B/*+;&0&*%=?@+=&B&7+1ZC)*+@)5[C+Ai5F.,.@)C
 ’H,'8 %@;pK&'39K+&'7 _ˆˆ&*)a+5'3 A'i390XX+9'C &'0&.)K)*&>+?,'.@+$&'U /F+7&C+:&5*
$&'''''7 =&'''''M _E&0?@&'''''3&K+&'''''*%$&U+Z'''''C)[+5M+%@;9''''''^ b&''''(&7+AF+.=?T*)''''M &''''8G/K
_E&0?@+)†/3&*+?$%=)3+;=%T*)5K+1f?G)U+%@;&.;pK&39K
ˆ?$&[5[+58&+ƒcC+;D%/^+)5*&(&7+ž&0+=HD+&3)C%$X
A*)0&[5'i*+J?/+7&'^ &'c.TO&7+&'.&M+ ž&0+;$?D+;$$=+=&B&7+1%@&*)8?D+h&7+&.)U
_sE?@?@+N/^+$=$?@+D%=&C+?$&F.@+A0&.V&7+1E)a.&3+?$&0&.V&7+&0+ZCq+7&>&R)*)C)5C

!¡
N E)a.T+58/U)*+;&*)i5*+1jC$/C+A0?$V+AF+7&^&7+4+.=)Y9C+&0+W&[.m)C+;&U+
AF+.=&F.=).+b?$+E).+$/R+PB?@&7+py+5*+Ak[+ƒ>+b?$+jC)8%@+oH@+1Z…($&0=?@
_s?$/a.@&*+E)(9^+$?$$@,0&[+5>+E)aaB&M{$/()M&*+9C+?=98+;&+7$)(
;&'U __E$/C&'* AƒR=&'B 1;=)'. ;,+5n+A3)C&C+:vB&C=?@+ZC+$%$=&>ZC+?/+5U+hm&C
E)8?=$&'K AF+.}+5'8 ;?=$?@+%@=)'8/O+ 1;+=)Y&a+7)K+$)[+5>&7+z*?$&U+=&M+%@+E).G&7+&]+5U
_s?$%@

b)'R A*)'*XX+Iz'57?@+&'*%@=/0+ E)¨9^&0+&.?$%}0)8+1A(%p8&C+;T*?/.&>+&.&K+,C+h&U+ ¡ 

_f)~=&M&C+&*)8&U+ˆˆ`+=@&U+f%$&Y+ZC+4i8&7+;?$&U+E).+Â+b)R+;@=)U&7
)''[.D+;?=&'OXX+I+A(&'.$/8=&n+&'0 &'.%/C+E)'U=/O+A*)0&'(&.)U+;%D?=)'3 &'ia+5*+1P'5C+hm&'C
Z'''C &'''7 %$&'''U ˆˆT''''aM__E9^&''8 $/''C?$?=%T[8+1D%=&''C P''39K+1E?@&''8 f&''M ?@)''C 1E$&''0&8
&n&''c7&n+?/''.,C+;=?@+%@?,+5 ''7 ;&.;=$/''B$$=+&'''.)8+$&'U WW)'[5M?@+A'(=/0+%@+“&'0&5(&.%/^
_A*V)U Â_&[.$&U+;?@%D
   « ./0'123'456+*67
`$&'*)(?@+?$%@+P'B?@&7+E)a*D&'8 Aa'B&C&8+1E$/R%@&'7&M&C+ ;?$&U=&C&7+&5*?$&U
L5„H,8+&*)a0?=&K+E$/C$/($&0+,+.G+E)(9^+;?$&U=&C&7+=&M+_E?TC+PB?@&7+E)a39^
s`$&0&*=&B

WE)0+V)C+?$)5>+`=&U+_+AaB?$?@+q*%,K+E)5.@&*)[+5M+j+5iFC+f&M+?T*&R+E)0&*$/†
sz*$/($&0+,+.G+;&*$/†+{m)C+A(&.)*$/†+9C+{?/+5U
,.&'B o?$&'U :j*&'FC+Z'> E)'(9^+9'C $?$&i+5>&*=?$+:j[+5n&‰+)a+./K+%@&8&7+hm&C
_j*%,+.$+?/5*+&F*/R+SjC&*$/†+?/5*+E).+j($&0=&B+;&*$/†+?/+5U&0+&5*
_Zc^?+=?@+{%@?/+5U&7+$)0?@+L+50+;9^+H+=&acB+L5„H,8+;GH=+%$@
__sZ39Y)*+%@+E)a*)0&+7&˜&8+&7+’H,8+;)k[+5\*+?=$$@+;$+V$/O+`=&U
;?,+5a''B&U+$?=&''C ;&''*)58?@)U+Aa''3 j.q''7$/O+A*$/Cm)''C %@?/''5U+;@)\''5*&7+=&'M
s?$%@&*+P8+;9^+{&*%$&($&~
E?T''C :j[+.$?,''cC+4''5(+b&''.A8?@)U+&''7&˜&8+T*&'''R 1P'5C+?,.&'B AF+5a'3 &'.%/K
Ws%@+b&.&C
;ˆˆJ)'[F¼XX+E)0?$)5'3 &'(&C)C+&'0 ;)'U __j*&'F…+5>+ E)(9^+9C+)Y$&U+WE)0?@%Dm)C
E).=&B+J&Í?D+$+f$&M+E%T*&R+%@$$@=$/C%=+&7+&5*?$&U+WjC?@=HD+h$@=&8+;GH=+%$@
{j'''C$/C o&'''FyK+?T*&'''R=&M+{&'''[58?D+h&'''U =&'''B Aa'''3=HD&0+;)'''U __s?$/(,K&''*
WE$/C++¢8)0+;&ƒ>+&(&*$/ai.&K
;?@%=+&'()K&*)(+Za'3 =&'M ?$&*?TC+E)(9^+;&Ÿ+7)U+&*%$/ai.&K+Z>+&FyK+&a3+$&C
E)a*)0+&+7@+ˆˆz.&KXX+vi.&K+Z>&0+&*)a3$&U+__)FC+E)8%/5M+;,+5n+Z*%/()*+¡¡zc^?+=
_E&0?@+e+.=)B
!Š

_&+7).&^+:?$)53&*+&.)5*@+h&U+=&B+;@%}8?@)U+9C+{?$)C+%T[.)U&7+b?$+{f)8&0+;?@%=+ ¡¡
&''.A.&*$/†+&''(&C)C+h&''U f&''K&7+E9''R `D)''*?@+?$&''.ˆˆ;D%/''^ E$/C&''MXX+&'''C &'0 o%=%D
WsZ[+5˜/K?@+;9^+%@&.%=)U+&i+.T*&U
{A*V)U{
 !"#'%&'()*+,-   #
I&.&.&(/K+h&U+ZC%,0+%@&*)\5Y+h&7&0+&+7&M+j.,(+?=$&K
ˆˆWj*&0?@+Z>+%@&.)5*@+h&7+;&*%$&U+=&B&C++=/O+;)UXX
;$?D+=&'B&7+:?$)'[5M+A'(=/0+%@+z[F'i>&7+?$$@,'0 ;&.&'3?+=&M+ h&U+;&B&0+$&U
E)0&''7%T[8+%@+J)''0 E)8&'''M&7+__P'5C+z*&'F5>+A*).)'3 ?$/($&'0&*+P'B?@&C+;%$+Aa'3
z*&F+5>+&a+5[+5M+E)5C&0+?$&[[5C?@%$+Aa3
E)8$&'U AF+5a'3 z*&'0?T+5>+)'O)O+ &0+&]+5U+:&(=/0+%@$&8+?D)…„&K+$&U+Aac.$&39^
1j''.$%@+;/''5[Y+1j.,n&''*=&C+1j.$/(,k+7&''M N AO+=&'''0 &'.?$&U+=&'M _?$/a'i.&K&*Z>
_j.$$@,0++N+;&3?+=&M+?$&[(GH,0++N+E%@@+1E).,K&C
&a+.$&F''iC+1ZC$/C&''* Aa''c.$&39^+Aa''B&M+’H,''8 &''5*+;e''5R+@&'''C &'8&U+&'.)U
&'''8$@=&8+;&''7&K&7+&''F*/R+?$$@,''0 ;&''8&U+&''.9C+?D)…„&''K $&''U sj.,n&''* 1E%@/''5[Y
J,K?@&''* AC?D&'r ;,K)'U &'.)…5*%D+Aa'c.$&39^&C+&509'3?+=+$&'U 1P'5C+__&'*)0?+=$/(
;=&'''>$&U+&'()kC+&'0 45[a'c./39^+$/8&'M )Y$&'U _?$/'C z„&'U Z'C ;?$&'U =&'C&7+=&'M
WW__`$?@+;?$?@).D&C+1`$&0)*%@+4+5[ac./39^+?=)Y&C
1o9^&'* A'F.=9Y+%@+A(&'.)„H,8&7+ &F*/R+S?$&*$&FC+=$$@+&*)[B9(+$?+=$/(+$&7
;,'''M?G+1j''''790?T.@{%@+E)''.G+=)''O)U+&''7 &''0 E&*)5509''3?=&7&K+$&''7 &''*)8&U+_E=%G&''M
_E&0?@+=)an,K+;$?D+E)5*)0?$)R
:j'''5>+&''B=/O+%@+b)''^ =&''B&C+_jC=$$@&''C E)''557+j*%D&''* %@A*)''B)U=)0&7+;&''*%$&U
;=)C&'B=/O+E9'R ;T'5U+E&'FC+)8&'B j*%D&*&0+&*%$&U+_&*%,K=)C+%@+E)5k[B&7+E)5i5+7@
_WsjC)*+¢K

!«
&'ƒ5^+b?$+__EH+=?@+E)5*)0&'˜)8)U+$?=&'C %@`+=&'y5>+$&'ƒ>&C+ E)0&*%/Y+&a3+$/8&M
$$D+A.=?$&'''a^&C+;)8&'''(&C+&'''F*/R+SE&'''0?@+?$?D=&'''C 9'''C Aa'''i>+?$?+,8&''''C &ƒ5''i>
_E?T*&^ &i58&M+L5*)0&*%/Y+&a3+&(%$&0+_E$/()M+?$&aB?@&C
&'''.&M+J9'''C o9'''( E$/'''C T*&'''8=&n?D+?$&'''*).9^+A'''.=+&a'''B%+=&7+h$@=&''''8 45()''0
A'*%D?@+ L5[8+A+7)~&C+)B$&U+?TC+u)0?$)k*&M+A˜=&B+_AC+%D?=)3+E)5*)0?$)k*&M&7
_?$&(&8$/C+4.}*+h9^+A˜)8)U&7+&0+&*%}C+?$&U+h&0?@)8&B+da5[5C&0+=&M
   t ./0'123'456+*67
:d'''5*+L5*)''5K+1P''B&M+Z''C AF+5*$/a''B 14+.=&''F.&>+&''(&8$/C&*+j''8 %@Aa''B%+=&7
%@;$?D&''''7 &''F*/R+S?$&]+.+=$/''cC+%@+E)''0?=$$@+&[+./''3 $=)*&''0 $/8&''M&C+h&''0?@D&~
_`=$/C)*%=+%@+E)5+5>+ZC&*+4ƒ.}^+$=&0)8&B+4+5R)O+E&M+T*&C?D+;$)F7?D+1œB90
SjR&''* pC&''7 E)a''i5*)0&R)O+hV&''C __?$&'''*&FCD=&C+?$?=&'B 9'C E)a*)0&'7@+W&'[.%,C
E)'''a5>+E&FC)8&'''B A0)R&'''C E)aa''''c.$&0+__E+=&''> f&''M L5*%$&''U &a''c.$Z>+&''F*/R
_?$&[+.+=&kC+f&M+%@=&B&C+ZC&*+o9^)*

!#
h9^+AaB?@&C+1E)0?/+57+?T*&^+;)3)>+?@,0+h9^
__h=&B+E)C+&8)*+1A[R+hT*&…+7/K+AY)(
z*&F+5>+%$)U+Z*%/(?@+Z0+j8+;&kŽ+5C
hT*)39Y+__1Z[+539Ä+%@?=$/0&7
__$)k*&M+b$/B+$=&0)8&B+;%=%D+d[8
__h&C?@+•%D$+A*%T[+ƒC+9C+1h?@&U+4+57++2)C
__?$&*,kC+f)C+u&.&K?@+Z(+L5*)0?T[+7)C
_?$%+,C+Z>+h&*).%/^+A5*%/Y+EG&C+h&B&0+$&U+j8
__h?T*&^&C+h?@+A[5C+L+5>+;%=%D+Ij8
:h$$@=$/C++¶+A($?,B&C
__d[+.D&C=/[B+;D%/^+j.+=&>%=
_h=&B+&]+5*?@+¸)(+h9^+9C+1h9^+Acn&*&C

!t
__?$&*&FCD=&C+E)ai5*)0&R)O+ZR&*+E)(pC&7+:?$&*&FC+=$$G+$?=&C+E)a+7@+&[.%,C
E)a''i.=&B+AO$&''( =&''B&7+/F+7&''C )''O 1f@&''C =&''M b&'''* W E)0&'8%=)0+&'5R+)8&'B
_jC?$&Ž[O
&*)5''3&M+_E&''7$/Y+&'''B=/O+1E&'M ªV&'C?D+;=?$&'*)Y+%@+E)0?D%/^=)5a^&'C /5*&'7
¢'5n+b?$+:z'F.=+EG&'C Aa'c.$+ G@&*%=%T*)5K+?=9Y+h&U+:ji+50?@&K+?$&*)5*$/C+4.%@&7
 !"#'%&'()*+,-  ¡‹
Aa+5'3 ;&*%$&U+ZC+4+5*9R+=&M+_ZC?$&Ž[O+=&B+AO$&(+=&B&7+?$&()0?@+AO)(+;9^&0
?q'3)C+&.)8&'B! &'B=/O+;&'B&0+$&'U :za^&'C@&C+ Aa+53+;&*%$&7+Eq0)R+j.=)5a^&C
_&.H+=+&7&3+&0;&B&0+$&7
A'5*%/Y+E)5'3&0&.=&M+&'.&M+;$$=+$$@+P'3 j.,(/+.D@+:jC+A.)*%@+;,+5n+?$&[8&7
4''.=+&'''[.$)5>+m)'C &'(%$&0+_&'.&M+;)8&'B AR)'O $$@+L58$@=&'8 ;=&'3 :&'.&M+;9'^
_vB?/C++A>+=&B&7
1b$/'''''…57+%@&'''''*)8?D+h&'''''7 SE,K&'''''8 f&'''''M ?$?=?$)8&'''''Y A()''''''B&K=&8&C+f9''''0
h&''U &''0 &''.?$&U+=&''C&7+=&''M :?$/a'''i5*++N+E)5*)0?=)…(&'n&^+;)]5'B E)5'i5*)0&¨9O
_&*)0&.A8?@)U+;&7&K+A*)8?D+{&*)8?D

”‹
f&''M ;9''^ A–.&''0&C+1+AR?@=?@&''0 jC)'''5R+A'79M?+=+1J$&F'3&U+;)'B)U+)'C ?/'5U
?p'˜D+1Z0+=&'€7&M+$?=&'7 &'a.$&0?@+&.&['3 $&'U ;&'0$/a^&C+ o).=?@+:)8&B+&()0?@
WT*&C
A*%/K+9C+&˜&>+;&B&0$&7+j.=&n)U__Z[+.$+=?@+2&K=&0+&7+f)C+;&B&0+1&7+j.=&n)U
_Z3H@+;?@1)C?@+,+53&+7?@
Wb$/B+4c+5U+1b)>+A*)5K+?$&U
__%@$/()M%@+1j.,+.@$)[+5>&7+:o@=&K+&()F.?@+2$/7?@=&K+b?$
A'''''F5a57%@+1f%D=&'''''M $/8&'''''M A'''''[8G$@+:&.?@?D=&''''''B $D9+7)''''U =&''''B A''''[8G$@
_&.$/C+©%,^+AF+5a3+$/8&M+A[8G$@+:&.$/C?$&c5B
=&''B&C&0+•&''C?=+$D%,n=&'''B $%}0)'> 1;/'50+A*)'5K+I2$/7?@=&'K A*)5K&'7 j.=&'n)U
%@$%=)>+;=%D/r,+58+=&B&C+A+5+7?@+=&MXX_&[.H=+$)8&B+&()0+;?@+?$&*%=)…8&^+;$)F7?D
WWˆˆ)0?@=V1&˜&7
$$@,'''0 ;=97&'''K &'''C &'''0 )'''0?@+&()8)'''3&~+$&'''7 J?,n&'''* ;&'''*)5K+$&''''7 j.=&''n)U
__=?/K&B&(&*).
E)''.9^+?$&''55*98&C+)''0?@+&'''*‘8)0&*+$&'7 J?,n&'*&0+Z'C N A[.=&'n)U+o?=)'Y h&'U
ˆWj[+5M?@+PB?@?$+A(&.)*D&8+Aa+5*98&C+j*%D?@%$+&*%=97&K+$&UX+j[+53?$?@%+=
  ¡! ./0'123'456+*67
Z'[.G,>?@+ {%@&*%=)]5C+?$)R$&U+=&B&C+ˆˆÀXX+?$&[5*&F+5>&C+&0+4+5*%G&M+&7+j.=&n)U
_j[5C)*+;@+AF+5a3+5M+&[O?=9C+AF+.D9(+;&kŽ+5C+%@?=?$&*$/C+h&7
)''''( S;9''''^ ;%$&''''M&C+E$/C&''''* Z0+=&'''''€7&M+;,+5n&'''0 &'''.?$&U+E)'''a5>%,^+&'''[.m)C
 j''i5FC+J&''Í?D+1v''B?$&*+1P''5C+_E)''(9^+;=&'''B =$$G+&'*°7&M+E)a*)0?$)k*&'M
_{&5*+%T+5(+AF+5*).G
:j[+5\'''C%=+z*&'F5>&C+E)'(9^+&'(%$&0+__E=HD+=?$&'*$/C+A*)0?$)5'3 &'(&C)C+W&'[.T[+ƒC
ZR&'* E)(pC&'7 WE)0&*%}+57&5R)8&'B _?$&'a5…C+T'[ƒC+E)(=&'B =$$G+9C+E)(&0&[5*&F+5>)C
;?@?$+&'F.T*&…+7/K+E)'0?/+57+?T*&'^ AY)'( _?$&'*&FCD=&C+ E)a*)0&+7@+1j*&‰+A*%/Y&C
_¾C+;,+5n+o?/+5U+)Y+$&U+?@+S?$$T*)39Y+d[5*&F+5>+%@+h9^+;?=$/0&7+_E)(=&B+&]+5*
 !"#'%&'()*+,-  ¡”

! jk'M-$B!b"!="//N&
!
;9''^ ;&'cO+%$@&'0 %@&'7&~$&7+:$/'C ;9'^ ;&'0&*%$@+A8=&K=&'B %=%D+%@+4+5()0&'7
&'.;+=&>=?@+1P'i5M+ZY&'C A*%/58+_?$)aB?$+;&0&($&F3&U+;=%D&7+%$&U+Aa.@{@,0
I;T*%/.,O+:`e­f&M+b)>+;%$&M++;=?@
Ws__&5.=?$&a^&C+1;=/+5M+h&7+__&F[+5n+1b)[†+?$,B+h&7+__&39^+%$&M+h&7+;)U{
$&'''U ;=9'''0 ;?$&''''*%@+E9''C Ee''5C+d''5>+:?$&''i5>+&''*=?$)U+Wh&''09+7&M+$=)''8 &Ÿ''3)U
s$/C+o9^+Z>+E)(&*%$)5>m)C
Wsj+.$?@+o9^+h?T*&R+h9^+=&8&7+;&0?=?$&*)Y+$$@+;)U{
1A'*%$+=+ f&M+E)5+5(+4+.=?@&O+,+5(+$@,0+E).&0&7/^+%@%=%D+;=$?@&C+&($/Y&C+)Y$&U
E)''.%$)U+Aa''3 %@+E%$)''5>m)C+A*&''8/˜&U &''7 &''0 j.e]+7&'''M f)8&'3 &'[($&0+A'79O+Z'B
_$/C+;@&*+?$&*).9^&C
?$&''B$/B&C+$)a'B?$%+=+=&'K$@)Y+;p'> =?@&'()M+&0&($&F'3&U&7+%=%D+?T*?$&'U =&'M
;$$+=&'''7 _?$/'''C f9'''R &0&[+./'''3 ;?=)''''.@+IA''(/K+1;9''^ ;V+$V+h&''U &''.%@+;)''k5*
Id[.$@+E)(?@+E%$)5>m)C+A(&–B&C+L5[8+)B)U+%=%D+?$&.A*%D=@&O
,0&'''''''''8 &'''''''*)5K+=&'''''''B&C+Aa'''''''B?@+$/C$/R&'''''''* =?@+&0&($&F'''''''3&U+h?@&'''''''7XX
:&'.%=%D+ ;=9^+&[+./^+A[8G$@+:&|=)…(&n&^+A*)a.&3&0+__J,K+%T8&0?=&K$$@)Y?D)C
)''M?=9Y+%@+E)'a8?@+=&'C&7+&'.&*%$&7+Z'()M+A'5n+?T*?$&'U =&'M j'8 ;&*)a.&'3 &'*)5K+h&'U
h9^&''C o&'C SE&'0&8+h&*)a.&'3 $&'U ;&'897+h&'0?@++N+E)'()F(+hm&'C _Z'[./[C+&*)'cn&U
_h$/()M&*+A(&O?=?@+AR&0+?$$@,0+Aac+7&M=&C+h=HD
h%=&'~ p'C ;?/'5U+)Y$&'U :&'*)a*%/8&M+Aa'BH@+ $&.%=%D+;D&~)*+h&0?+=&n+@&C+&*)5K
E)'. E)'0?+,+5K+o+=9'3&C+ E).+o9M+A*)0?,+.eC+&*)58&(+&C+E).+E)0&aB=&>+%$?+=+?$)5>&C

I?$%,B$/*+:Ó+ ”ŠÁ ¡"
ˆˆE)Ž3V%+T5i*XX+%@+J$pC+A>)R&7{Ò
_&aB%=+h&0&.+?$&8V&C+ˆˆ=)Ž3V%+T5i*XX+t#ŠÂ %@+¢C)C+A>)R&7{§
  ¡  ./0'123'456+*67
?=$&'K ;?$&'*$/C++N+•=+A'3$/(+j'8 b?$+E?$&'U =&'M{jC,.@$)'* E)0&'*D&8+ &0HD&~+&C
450&''. =&'B&7+;?$&'U ZC&'C ?$$@,'8 &'0?T*?$%/^+&'0 ?$$@=$)'M E)'(=?$)C+?/'5U+_E$/'C
ZC%qB&C+%@A(&.%$)B+;&()8/O&C+&F.@+AF+.T*?$%/^+E)0)K&^&7
Z''3?@+Z''C d5''39^+1Z'''C d57)'( __&'.A0+%=%D+u%D+o?@+1d'B)*?@+E)a'3)C+W&'[.m)C
b?$+o?=)''Y =)'Y __Z'C?@+%T.&'> N A0&.&'3&O+h&'0?T+5>+Aa'B&M+&'F*/R+`/'C d'39^
E)''c.@+__Z''CT*%}^+f&''M Z''( ;9''^ E)0&'''8&^+A*)a.&'3&0+h$)R=&'C &'a.@+4+.=&'F.&>
&'*)5K+$&'U _?$&'(?$/C+A'3 %@$&'U Aa'3$,B&7+h&'0?+=&n@&C+&'*)5K+ &F*/R+`$?@+d39^
;9'^ &F+5*)a.&'3 E9'R ;)'U :%@&'U d'½5.+$&'8D)…8)U+)(?$&'U )'U :)FC+hpK%@+$/C+4.=&^
_?$&k*?D+?$&3+A*)0&8&^+&a+5*+=?@%@
$)'R __j'C ²m/'O `/'K )'0?@+d'O/*+%@;9^&'7 P'3 j.q'0)R+1J)'M%@+ AF.=)(+%$&U{
s&(?,n)U+E).+?$)5>+&.)U+&*)0&8&^+?=%/+5U+A*)5K&0+&*)5K+$&U+WjCpkC
;&'*%$&U+ &[.+,C ;)k5*+1;&0?=)(+&.%@+AaB?@+)Y$&U+_J/K+;%$)U+=&K$$@)Y+;p>
_E$/C+;?=$?@&7

&
Z'[5C+;)'* 4.$)'R '5M+`=)'C?@+ ;D%$&[+7@+A†$&3+$)0?@+f&M+AF[+5n&C+f)8&3&0
_Zi5*?@+f&M+&>,R+ZC&C+b&.V&B&(+$/8&M+b?$ L5k*?$)U
__;$/''C E)''Œ)U+AF''c58,n+;$/''[5(+T*&''R &'''.)*+JpC&'C Wh&0?$)($/'B &'7@+;&'U
s;$/C+x*$)U+A09[(+A3HpB
E%=)'C &F'i5(+;$%+=&'k7&M+@=?D+A'3$/>+ L.=9^+:;$/C@,0+A0—5M+Aa+5B,C+Z7&C
?T''[5M+__$/''C ;&''0%+=&0%=+?$&'(=$?@&C+%@+E)0?$)'BpK%@+o?+=+?=%@?p'> /5*&'7 $@,'0?@
! 9''''C &''.%/K+?$&a''39M+&a''c^+;%$+__$/''C ;,''C =&''C&7+A''39M+$/''C x*&''3&O+$D)*&''C
_)0?@+Z> P.=&¨&O+$?=?@/.,n+&*%}iC+_A3H=&>&C{AaB%=
P5*+&F.@+AF+5a3+5M+4+.p)3+;&kŽ+5C+,+5^&*
_AC+AaB%+=+;=%@)K)U+?$&B)(&C+A*+o?$&U
__;e''''.,C+f&''''M H=@+=&''''M Z''''C?@+:;/'''''50+A09'''i^+AF+.=?$&'''*)Y&7+A'''a.,C+9'''(
/''.@$‘0+;T*&''C$$+=+&''5*?$&U+__Aa''cF3+f@+;$/''R g50&'''7 J&']5*&r+AF+.=?$&'*)Y
 !"#'%&'()*+,-  ¡¡
J9'''^ 9''C =&''M 1A(&''0?T*&C$$=+A''./(+;T*&''C$$=+,+5^&''* __;,''K?@+?$&''($)R/8?@&C
_A(9^+A(&0V&n+A(&]5*&r
s;D%/^+AaB%=+9(&0+&aB%=+W%,C)0+;=&U+
Wž&C+1;p)3+__+ž&C+1Aa+53+9(+_)*__)*
__?$?+pO&C+;=&0&cO+__?$?D%/^&C+;e+5C+E%$?+=+9(
&*).&C+;)K=?D/K+&C+__?$&*).+=&(&>+;=)c^$$+=&C
:;&0?@+j+.D)C+D)C+)*)0&*DH=@+
__%@%=)U++2).&^+;9B)U+,+.G&7+
:%@+o&0$$+= ;&[.+,+.D&F7&>+=&B&C
A*%@=&K=&B+$+£+.$
;&0?@%=+:%@V&8&M&C+;?$%/+5i+57+=&B+$&U+9(
Wž&C+1;p)3+ž&C+1Aa+53+9(+_)*__)*
ÅÅÅ
s;D%/^+AaB%=+9(&0+&aB%=+W%,C)0+`=&U
s;D%/^+AaB%=+9(&0+&aB%=+W%,C)0+`=&U
:?$&a+5F''''c.°C+%@;9''^ ;&a^&''3 &''7&0+;?T''*?$%/^+$&''U ;=&''F.&>+A''*D/8=+9''(
f&'M ?$%/'^ A7)'8 ;?D%$=?@+=&'B&C+A[]+5M&'C&0++AC&'M J?=&'F.&>+ $&U+;9F3+ZC&*?$
_AC%,*
_;?=&'F.&>+$&'U A'[8G$@+9'( Z'C%,*++2&'M A[+50)>+1A(&.%T*&B&>+9C+4+.=&F.&>+=&M
:&'5*+ J?,O9U+_AC+o%=&M J9^+A–.&0&C+1ACm?=&C+%@A*%$+&+79R+&7+;?$&U+;&ac.)3
1`=?@+?$&''''(?$%@+JD)'''''C ?$&'''5*)0?=&C&7&0+1E/0&'''7 ?$&'''F.=&C+&'''k*&(+&'''a5C)˜,(&0
%@+b&''7&C+$&'ƒ5Ž[^+;=?$&'*)Y&7++,'> ;=%}'* /5*&'7 _;$/C&'* 45*)8$&'O '5M+Aa'B&C=?@
1o9+7)'U A0HD&'~ ?$&'*).?$)¬7&7+%@+4+57&'~&7+?$&'(?$@,0+ f)(&C+J9^+AB?$&M+$D&~
&09''i^+AF+.=$&''*)Y+?@,''0 J9''^ 1E)''./+5*+&'''a.%}^+)'B)U+p'( )Y$&'U __)'F(?@+j'./^
_&*DH=@
  ¡" ./0'123'456+*67
E)5F+5^=&'C ?T*?$&'U =&'M 1E)0&'k7)R+&'[*%$+=?@+;e5(&'C ;&*m%@+$&U+A[3&R&C+9(
A''[8G$@+E)0&'7%@+:j7&'^=&C+A'[8G$@+E)0&'3m%@+1b=)'c5B+_Z'*?@?@+;+,'> @,'0 ;@&'C
_ZC+E)8D&aB&C+1¢8?=V+$=%@;=/^+$)k5*&C+&0+jF+.=%T*)5K+$/8&M
ÅÅÅ
W&k[+ƒ>+1f%@+AB?$&M+$D&~+=&M+L.p)3+AB?$&M+$D&~
$)'R 1h?@+=%D&'M&C&0+ 9(+A+50=$/B+?D&~+&.&8&U)U+W&0?p)3+;&M+:&0&a+53+;&M
Ws?$$@,0+T*&C$$+=+;9^
$ J$/'0 J&'0?+=&8+?$&'[5*&F+5>+;)'O)O+ &C+E9R+S?/5*%$+=+f&M+P„H,8&7+4+.+=&8+b?$
W?$$@,0+,˜$+%@+’H,8&7+Pi.T*?$%/^ %$)U+@,0+J&7
_p)3+1P+53+A(&.)39^+__x[+ƒ>+1f%@+A(&.)39^+$p)3+A(&.)39^+&.&8&U
)*&''>&0+;$/''R?@+&'''[K=D+?$&'i0&.+&'k*)8+$&'7 f)8&'3=&C+&'.%@+J9'^ E)5F+.GH=&'0
$&7+$)0?@%+=+A[8G$@+;H+=?/5*+PB?@&7+1E%=%/+5U+;$%+=&K+f&M=$/B+;=)*&0=&C+&()C?@
Ak*)'8 b?$+%@$$@=$/C%+=&'7 Z7&'C _Z'39>?@+E)'.%@+ A.)F.=)(&0+ZC?@+/.@$)U+&*m/K=%@
A''B?$&M+$D&''~ P''B?@&7+1{Aa''B%=+! ;pka+5''3 P'''B?@&7+_J,'K h)*&'> ?$&'3 b&'.
;&'''k798+$?=&'''C __h$/'''C $$T*)'''8 ?$H+=?/'''5*+;&'''R,O+P''''B?@&C+__@,''0 h%=+A0)''*$$=
_?$&8$/C+=93+;$)8%@&C+E$/C%$)U+=9^+1A*)F.=)(
_hT*)0$$+,>+A+7&M+;9^+A[5(&8=&K&C+oˆˆAaB%=XX
s@).+?$&(&.)*+J&()0$&U+A53HpB+A(&0V&n+W?,O9U+ZC+A+7@+;&U{
_`+,C+;%$@+b?@+&.?$&7&k5aB%=+=&B&C+d5R{
_ž&C+$+dF+.p)3+:ž&C+1dF+5a+53+j8

! lm-.<!5n-.<!'!FL
?D%$)''U ;$%@&''7 E$/''C ;=$?@&''7 ;&''*%$&U+A8&Y=&''B 1T''*%G$V+;%$)'''U =&'K$$@)Y
?$&''39M+;@)\''5*&C&0+ZC&''* &''0?D)C$$=?D+)5*&''( :ET'''*—K+?$&'.&0?=)F*?+=&(+&'[5k8&r
;&''0?=&K$$@)Y+Aa'''B?@+;&'0?=)(+;+=&'>%=+/F+7&'C __—K&'* ;?/'5(+$&'U :?$?$/C%q'B&C
%=%D+$?$&'*&FC+?D)'( &0%$&M+;?@+_Pc5C+$&F3&U+;%$&M+WA*‘nXX+I;T*%+pO+$T*%+,n%=
_ˆˆE)8/+5*+?$&*&‰
 !"#'%&'()*+,-  ¡Š
J?/M&'''''3 $?=&'''''C Z'''''*?@+?/'''''5>+E)''''']7)>+J&0&*)'''''cn&U+W&''''''0?D)…[.9U+;&''''MXX
_j.?TC+x[7&M+&k+79R+1ˆZ0+=$/B?D&~X1
f&'M ?/+5>+A+790+1Z*?eC+?$&.AaB%+=+&7+h?@+1+AaB&M+9(+;&[+.$&0+WE)89^+9C+;%$
A8)˜&''''U&7+1?$&''''*&0)*+£''''B E%=&'''''K$$@)Y&7+;&'''*%@%D)U+?p'''C $&'''U 9'''C ;%$+`,'''kC
WWE?@?@+PB?@&7+;@%D)U ?$&.A8&^=&a8&0
/''''5*+?$&''''a.+,+5k*)­+&''''a0?=&K+ž$&''''7 &''''B$&7+&''''C Wx*&''''( f@+A*)a.&'''''3 ;&'''U
?$%=)'''3 ;D%$&'''k*)C+?$9'''( A[5+7)*&'''7 s;&'''FC+L+50T*&'''8&0+AF+7&''''^ 1E)0&''*)™T*&C
%T'5>+?$&'i.=&B+$&'7 1j'5ƒC+ f&M+%@A0)€[+.$%@&C&0+ZR?@+&*)B&0+$&7+=&M+:ZR?@=?@
_j(,K=?$+J?D&7+1E@=%/C%=+9C+vi+5M+x*)C+?$&a+5…C+E).&0&*%@f&M
&'0 %@&'*%$&C+%+,+5'K?@+;$)'R o&'0?=&K$$@)Y+_J/'K ;%$)'U o9'M ;@)\5*+A*?$)^
;=)'C : ,'.$?+,.$+&'C $/'C@,0+Aa'B?@+;9'^ ;T*&'8=&n?D+&'C J?=)C&'B _E$/C+;=$?@&7
,''''(%$@+:?$&a''i5*+A''O=+;&''0&+ƒ]+58&C+•&''M=?@+__?$9''C@,0+;=/''5M+;&0&.A(&.)''39^
SA[+.G$$=$)'U?@+P'BH@+j.q'3)C+ o9^+A*%qB+SJ/K+A+5>+?$&F+58=&*&C+$&.%@+;)k5*
J)'8 $,'0 &*%$)5>++V)C+$&U+&5*+?$&U+__zC+J)8+$+,0+o)C+A0&.?$)8+9C+&ac./+5>+&(%$&0
&'F*/R+SA…a'i.&K&*++A'( '5M+ u)0?D%$)U+$@$$,B&7+`$&0?@=?@+9C+h%$+sjr+V/O+`/K
_?$)8+g5(&O+%@&*)cn&U+;}¬Y&7+j.,Fn+Z(
P'B&M%$+j'.D%$%@/Y+9'( 1 j8&'0 )'[57+P'5>+&'F*/R+I?$&'.%@+A'8V?$+ @)\5*+E?$)^
;?/''5U+d'[5C?@+s&'*)a5R+E)'0?$)5>+V)C+`=&'U _@,'0 P'i50)R+1;&'0?@+d'i.)aB+h&'0?@
;)8&''B &'a5C%@+=HD+A0&'.?$)8+9'C E&'B&0+$&'U A['3&R&C+WE&'0)*+•&'a8+@%D)'U E$$=?@
W`+=&€+7&M+A*)5K+%@;9^+A*$$=?T*&U&7+AR&0+%$=&>ZC+A($$=+Ak*&3+AF+5(?,n)U
W$&7+&F+53&C+L.=&K$$@)Y+;&0&.+;+=)Y+&a+7)K+&0+jF+.}+5M+A*?$)^+W&[.$)5>m)C
h9''''C ;&0&($&F''3&U+?$&''a.=&kC+%=%D+;?$&''7=&C+:j''.=$$@+$%=$@+?/''5U+1j''8 hm&''C
j'''8 ;?$&'U :hHG+9'C 1b90)'* %@+E)a+7&'K&7+?T*&'R=&M+__d'.$TC+%@f&'K&7+E)'(=HD+)'c^?+=
&'''F*/R+%=%D+;V+&'''‚)M+o&''''.9C+_j*)C&''* A''57+?/''5U+A'']7%@+$&''U ?$&''|)O+;+=?$)C&''C
AF+5a'3$/8&M&0+%@&'*)8?D+h&'7 J&'….)(&C+:%@/5€'B&R+A*@,C?/+.=&'C&7+ &0)R+;T*&…+7&8
_ZC)*+•$/ƒ3+%=%D+;&0&8)˜&U=)0+hm&C+Z3?$?@%@+%T+5(
  ¡« ./0'123'456+*67
E)(D&~+__z+7@+$$@+AŸ3)U+__j*)8/K+A7%@$&U+&0+`$&0?@=?@+?$&*)a[5*%$=+$)k5*&7
:ZC?D,>&''3 E)''a*).G+&''0 ;?T*?$&''U)(+?$&'''a.,kC+;$?D+;)>)(=&'B ?D=&'7&8/C+&'.?$&7
A7?G)'U A*)'.G+=%}'* 1b=$&'K &'0 /'5*+__E&'0?@++N+;D&'~ ?/'5U+d'B,(?@+A'57+ j8+;?$&U
_E$$@,0+j.p3V&7
__&'''5*+;?=)R&'''7 E)(D&'''~ ?$&.A'''B,(&8+&'''*$&0&*+Z''''C E)a^)''B$)R+4+5''B&0=&M
W&*)0&*$+`=+?=&K$$@)Y+A5k*?@$)U&7+E)(D&~+?$&*%$&y+5>&C
%@+’H,8&'7 &'F*/R+SE&'.)*+ ;@?$+E)a*$$=?@+A*)0?/5B&>)*&>+&(%$)U+j*%}iC+hV&C
&'''M)*/K+Aa'''B%=+1)0?@&'''„%=+4+5a'''3$/8&M+1&.)(?=&''''B A.?}.=&''r AF+5a''B&M+ž,''(
1ž,'( ;?@%D=&M+L5[8+;ˆˆT[B&>XX+:)^?@=?@?$+A*)0&.A(?+=&[C+?T[B&>+1A(?+=&[C
ˆˆ;=)5*%DXX+`,(/K?@+A+5>+&0+&]5C
:?$/a'''i5*++N+;?T''*?+=@+;=?$&''*)Y+A''B,(+$?$/''C %@A*)K?T[.D&''7 ’H,''8 ?e+58&''7
IZ+7?@+A+5>+%=%D&0+?$%Ta8+%T+5(;9^+;?=?$&*)Y+$&U+J&….)(&C
o?,(&'U{&'(?$/C+%@=)'KGH=+A^=&'R f&K&7+&B,(+$&U+ˆˆ?$?$)*+;/.@+;=?$&*)YXX
_ˆˆ;=)5*%DXX+`,(/K?@+A+5>&0+E)5K+A*$/R
;&[5'3)>+1;&0&($&F'3&U+?$&'.%+=&K+o%=%D+:J/'K ;%$)'U ;=)'5*%D+ ;@)\5*+E?$)^
A''5>+?$&''*@,0Z>+&''a7)K&C+$@,''0 E%=)'''C f/K$m&'K ;%,C)'0 )Y$&'U :P'c5C+;&'0?=)(/K
IJ/K
?$&''U =&''C&7+Sda+5''3 j''8 )'''*?@+Aa+5'3 A0&'.%,C)0+9'( Aa'B%+=&C+__sda'c5C?@++?$&'U
ˆˆž,'(XX&*%}'iC+ _J=&B+E)C+&]+.D&C%@+{AaB%+=! ?=9*+b&.&C+Ih&0?@+;=&Fi+5>+PB?@
;=%@)8&''( __?$)'B%=+?$&'.A(&.%D)U+&'7 ?$&'(?+=&[C&7+$%@+’H,8&'7 &'F5*%@V+1A.)'B)U+)'*
;=?T''.,–+5(9^+__&''*)8/K+A(&.)''39^+;?@Hp''K __?=)'''KGH=+A*)'0?$%@$$=+A*%@)0&'.&C
_?=).@)*+Aa3
E)''0?T*+=@+?=%T*)''5K+A*)0?T[''B&>+&(&–''B 1A.?D&'''C=&Y+&'0 ?$&8?@=&'B $&'7 =&'M
A'790+;T'5U+ SoH=&>+$D9B+A>9(=&B+&(?$/C++N+A(&.%D)U{?$$@,0+h=&K=&B+E)5„H,8
&[''3&R+$&'C )'U:?/'5[5C+;9'^ A(&'B,n+E)'0?T*+=@+A.,+5'7@+1;T['B&>+=)0)U&'7 $?$%@&'*
_’H,8+&(?$/C
 !"#'%&'()*+,-  ¡#
19+7&'''M A7)'C &'0&.A(&.)„H,8+&'.m)C+?/5*&'R%=+&'.A(&.%D)U+$&'U `$&'0?@=?@+9'C h%$
" `,(/K?@+A+5>+oH+,8&U+:E&M+;=)8+Ay+5>+$,0&8
IE)5(/K+x*?@+b&.&C+1z*&F+5>+;)O)O+&*).%@+E%/ai5*%@
_%=%D+`,(/K?@+A+5>{
h/K+$)R+=&C&7+,(%$@+_$/C?$?D=&C+o?+=+;=$&M+&+7&>+b?$+4+5a3+%@&0?=$/>)U+/+5*&7
IA(/K+?$&[5*&F+5>&C+&0?=&K$$@)Y+:$/C
;H,0&'8 AF+5*)5K+IET*).&K%=+d+5>+L.=&C?$&7+_$/R=?@{$/C+h+=&n+@&C+A*)5K+?$&U
A3&0&+ƒ+5n+J$&0=?@?$+A($$+=&C+Z()0+?+=&n+@&C+$&U+=&M+_E}+.=)€C++N+A*)(9^+1&*DH=@
;?T.=&'n)U+&'F*/R+h=%$&'790+%@$&'U ;$$@)'Y Aa'c7&M=&C&7+ h9^&C+o&C+:`@+A.)(90
_&5*+E)*)8+&]+5U
"?$&[.?TC)C+E)89^+A.@)3+1A3)C+$?=&C+)ac+5U+)C
d''57+u%}''C%$+W?$&''[R?@+=9''C %@D9(&''7 A*)'''0?$)R+E9'R &'0 E&'FC+%=%D+A0&.)'3)8&(
_ZCpK+d3&^+%$)U+Z*%/()*+&.&*%@+A.)F.=)(+)(+hm&C+__&[5O&C
)'( &'F*/R+SZ'C?@+f@&'C A'i5[8+$?$&'a5C?@+;9'^ ;,\'58+ $?=&C+;T5U+Wj+.+=&K+A+57
W`,FC+J$?D+Z>+;9^+&+7)~$&C+Z*%/()*+Z[+5M&*+h&M%=&n+&*)a+53+?=)0+?=9Y$&U
h)*%/(&C+%$)U+;&0+AF+5B&0+%@+u).G&7+Aa+5*)0&[8G$@+Aac.$&39^+&0&.%,C)0+%=%D
;9''''^ A¨&''''^ %@A*)0&''''[8G$@+A[a''''c./39^+$)[+5>&''''7 S%@?=&''''*/M+$&''''7 ?/.@&'''*
W“e+.+=?@+A*)0&aBH@&C
%@+E)./+5*&'C o%=%D+:%T'57+9'C E).&+ƒ>&R+L5*%$/()M 1J/K+;%$)U+=&K$$@)Y+;?p>
Aa'c.$&39^+$+=&'3&7+&'a.$)U+AF+.D9'B&C+_%@+b&'.&C+E%@&'U Aa'B?@+ :$/R?@+1J)M?@
&'0&F+7&^+%@+J)'B b&.&7+ZC?$&U+A*%=?$%@+b?$+:T*%/*?@+;=%}+5C+A*)F+.=$)M+;?=)C=?@
A^)'R b)'> ;%$&'M %@;&0&($&F'3&U+ h?@&7+_)FC+9C+E).&*)0)>+L.$&U+1jCD%/^&*)M&C
D)C=?@+;9C+)B$/*+;9^&7+$%@+A*)0&(+;T5U+_@).+?$&[()M+;&09+7&M+$=)8+&Ÿ3)U+$@,0
_ZC
  ¡t ./0'123'456+*67
!
! ."!6*G*FG$L!$H&*-!//"!6.2!F-$L

IA(/K+$@,0+;=%$)M+ˆˆ%=%D+;&i+5*@&UXX+$/C)*$)*+;9^+;?=%/…+.=+$&U+;T5U
;=)'''C ,.G&'C z'C?@+E)'c.@+;H+,'C 1P'5C+SA*)'][+.$?=+h&'^ &'F*/R+?$?=&'[5­+?,+5'7
p'8 J&'*)*&(+__?$&'[.@,0+œ'ƒO+%@=&'B&C+;9'^ ;=&'–5C+;+=9'R%$@+ =&K$$@)Y+_?$&8&^
S)8+E%@=&K=&B+%@+E)0&8&^+;).=?@&7+1v3=+4c+58,n+&ac^+Ai5B,(%/^&7+;&3&O
?$&*).)'''3)>+;)]5''B $=&''B&C+E%$&''U &''F*/R+S%@=&''C E)''8?=$+)''3)>+&''($/Y+;&''kŽ+5C
&'''.)*%$/C+Z*&'''(&C+=&'''K&U+9'''^ _E?@?@+E)'''i5>+Jm&'''B?@+1E$/()''''M%=+A*)8=&''n9^&C
E)'']./K+1)''.,K?@+?$&*).=&''B&C+)C?=&''0 $?}5.)''> ;)''C $=$&''M ;&''8&K+=&'''C &'[($&0?@
1j+.+=9K&''''7 ?$%=)'''3 A(&'''0V&n+$m&'''C S&'''ƒ5M&8+E)]+5Y&'''C %=%D+_$/C?@=%$)'''M $/()M&'''7
:E,''K?@+E)]0H=&'''C 1j.=9K&'7 ,'R ;m&'M $=$&'M 1E)a'cF.=)(+__&'cO+&'[5C+&'*)50?=&K
_j.9^?@+pK+%@AB&n&*+&k*&(+&7+%$&U
__j''.T*m/O+f&'M 9'C E)'5(%$)U+$}+5'M E)0?T*&'…(&.)U+:j.%@Z'> P5(&'.)„H,8+A'0%=9^
&'''()^+E)'''­ N?D?$&'''( A*)''''5K+E?@)*?$&''U ;=%/''C &''(?$%@+h&''U o)>&''7 b&''.?D%T*&U&C
_?$&+7)€5B
h&''7 _;?@+&''8?@+;e0)''> $}+5''M ;%$&''M ?$&'''*)8=$?@&C+;?$&'U ;&a'c.)3+9'( )5*&'(
_?/.e8&[+7&M+h9(+;&0&($&F3&U+&*/0+;&39^+E9C+&+7)8&3+$&U+;&[+.$+%@&*)\5Y
%@9(+;&0?T*&…+7&8&7+)5*&(+A*?G+?/+5(+$/7+1h%+=&K+jCG/O+$)[CG/O+1d+.=&M&C+d+.=&M
_h@,0+A^)R+4[+5n+;&8%=&C
45()'0 {?$&'58T*%G$/C+o9'^ %$)'U A0&'.&8%=&C+o&'F.@+AF+.=)'Y __he+5C?@+PB%=
h9''C %@+E)''C)5C+;ˆˆ&''ƒ5¨&*XX+&F''B)*$$@+A[.&''C&7+;&''3$$,B+$&'''U ?T*)'F.,R%+=+d'5(
dk[''''B $?$&'''‚$&0=$$@+;$)(&'''n&^+1b)'''[†+;)>$=$&'''U ?p>&'''7 ;&'''()0$&U+__J)'''M
AŸ3)U+%T5+5(+$/C+4+5*)8?D+o?$&U+_$/C+,>+Jm&M=9^+;@=&K+ZC+;9C+o9^+;?$,B&C
)>$$=$&'U ;&0&*)Œ)U+b?$+`$&U+A*)Œ)U+:h$/C+Jm&M=9^+A*)C)5C+;&FB)*+&($/Y
 !"#'%&'()*+,-  "‹
A*)''Œ)U+,+5^&''* _Z'''C ;$)8&'( ?$&.=&'B&C+o%+=$p'C 1`,'kC+;=&'C =$&'M ?,R&'0 &'5*
_?$&a+5k*=$?@+?$&.=&B&C+b)>+1b)R+;%+=$pC+1?@=&K+ZC+Jm&M=9^
)8&'''B&7+E)'''.D%$+__E+=9'''[C+&F'''B)*+$$@+$&''''U ;$$@)Y&''7 j*%/()*1E=%$&''790+?/''5U
:&'''.%T*%$&U+A()8&'''7 ;=&''''*/M+A''[5»+j.q''*%/Y+__E$/a''i5*H=+E)''.9^+9''C $?$)''[5M
j0&'''.&8G/K+E)''.9^+9''C ;Z''7?@+=&''M &''*)\*&>+%@+E).&[5''B&7+?$&''*@,0+p''C 4.=9Y&''C
1b?@=&''> &''.%$)U+_?$&'''*?@?@+29>&'3 ?$&+7)8)'B ;&'[.$+1x*?=&'C 1b?@=&'> 1A[+5\'*&7
1A[+5^93+$)[+5>&7+_)C?@+E)0&.A[+5\*&C+;&>+;&B&0+$&U+9C+=?@?$&aB?@&C9^+;)]+5M
_J)M+9C+h?@$$,B+h&U+A3$$,B+%@+E)C)5C+;&FB)*$$@+A[+5Ÿ3)U
%@&''* A''B&0+;?=%/''C 1J/''K ;%$)''U $/'''C ,.@$)'* %=%D+;&'i.T*&U&C+;?=%/'….=+$&'U
&'[.+,C+;$)'R $)'* AOV=&'C?$+ AOV+$$=&K$$@)Y+;=)(+&.%@+;+,>+;T5U+:?$&(%TC+A8m?$
A0&'''.?/.+=&>+A['''3&R&C+_T''''*%e>?@+E)''5.)*%@+19F''3 %@?T''*?/+5*+$&''C1;&0?=&C$=$?@
;$?+=+A($/7?+=&'''''> {?$&'''a5[+.G/…C+;9'''^ `$&'''U A*)'''Œ)U+;?$,'''B&C&0+Jm$+?=$$@
__;e8?@+f&M+E).%$&M++,>1%+,>+$+?$&*$/C
IT*)F.,R%+=+;@$$,B&7+?$&0,*&C+)Y$&U
%T*)'C)5C+=&'B&C+P'B?@+&'.)8&(&C+;&'B&0$&U+9'C ;%$+:Z'C?@+E%$%,'n 1j.=&C+E)C)5C
W`,kC
W&8)B&C+T*&R
E)'''. &F+.,+5'''3 ;&a'''c.)3+&'''.)Ÿ.=&n&U+;ˆh)'''BX+;&a''''c.)3+1&0&.)(?=&''B E9''R
_Z[+.+=&>%+=+h$@=&8+E)0?T[B&> &a3$?+=+$?=&C+&F+.=)0+&3?+=&M
1?$&'a*)0&R)O+;V+J$&'F.=+h9'C A.)>$=$&'U ?=/'0 A'[8+ Z()0+Wu)0&ƒ5¨&*+&(/Y
_$/…ai5*&*++N+E)(&8)B+$&U+)ai+5M+:dai5*H= %@+E)0)8=/^=%@+;=&…+5B+,+.G&7
{W%,F3)U&C+e+./*+Ak*)C{
ÅÅÅ
ZC&''*?$+_?$&''557+h=$$@+=)''kŽ+5M+AR&''0 u)''C)5C+=&'''…*%=&C+u%D?@%$+W?,.&'B T*&'R
;T5U+:?$&(&8$$,0+9C+E).9^+=%D+j.q39^+E9C+b?$+/F+7&C+:w%@+E)5($/O+E)0&+7/K,+58
_h%@+E)a+5>=&C&7+h)(?$&U+Wh}.D)U+AaBH@+&($/Y+_E%@++“+,n+Z(+h9^
{W%,F3)U&C+e+./*+Ak*)C{
  "! ./0'123'456+*67

ÅÅÅ
__h&0?@+Ai.)aB+h9^&C+o&C+%$&U+)FC+E%/58&7+;D%/i+5>+&K,+58+$&U+=&K&U
1P'''5C+L.$&'''U %@A.)*%@&'''7 E&'''C?@+j'''8 ;=)'''0 )]+5M&''''C ;&''> E)a0$$@=&''M ?/''5U
&'''7 j''8 &''F*/R+hm&''C __`+=&''K%+=+$)*&''M &''7 ;DHp''> %$&''U Z''C &''K,+58+$&''U A[''3&R&C
%@&.&7&'''B&8+$&''''7 ?q''7$/F*+E)''0?$%D%+=+&''0$/C+$/8&''M&7+L.$&''U h$/()''M ?$)>$=$&''U
_?$&*)8/K+&(&8$/($&0
{`@)*)M&C+$&U+1Zac5C?@+$&U+=&M+:)FC+b)R+L+.$&U+%/^{
ÅÅÅ
&'F.=)( A0&'.)8=/^+&'7 ,(+=HD+__h$/ai5*%@+A+57+_+%@+b&.&+79K,+58+;=&…+5B&7+%$&U
?$&'''F5a5O+48&'''8 ;=%D+&'''a.e+.$)\C+;9'''^ Z''''C ?$&''B)(&C&0+d''R?@+A*$/a+7)''U A''k*?+=
?$/i+5M+A*)0?$/C=&…+5(++,K+&+7@+ZC?@+:?$&[yC+A€B+A*)0&.A+79M&B+&*%@@+?$?=$$@&7
Wsj[5C&*+?$&*%=%D+$&C+E$&^+E)0)8=/^
{W%,F3)U&C+e+./*+Ak*)C{
ÅÅÅ
E)'''.=%T+7)C+;$$,+5'''8 $&'''7$/>&>+&''''0 h&''*).)8=/^+$&''U A''57?@+%@H+=?/''5*+;&''R,O&7
__E$)0$$=?/+5(
&''*%$,+58+$&''7 /F+7&''C :h$%@+E)''.?=$?@+,'''(@=$+&'*%=?$&*)Y$+,Y+$&'7 A'B?$&M+$D&'~
`=)Y&''''C ˆˆ)½+.&''7$D+1+H@+H@XX+{&''B,(?$)C! b?$+?$&''Ô&R+1P''B%+=&7+_Eq''Y)M$=)M
_jk*?@+ZC+1J)8
A''''a–0/.D+`/+5k*&''''U h?@+b&''''.%$&M+:he'''''8?@+f&'''M E)'''^)C+1ž$?@p'''n ;?$,'''B
h&'U A'5ƒC+9'( _?$$@,0&'* ;=&'C ?$9'B)U&7+;%$)'U ;&'–.,(+ x*)8+)ac+5U+)(+:?$&3&k*)8
s&*).$/(/K+E%p)3+&*90+b?$=&M+:ZC+PB&Ÿ*&U&C+E).+ZC+J$&F+.=&C+;?=)0
?$&''[58?D+)>$=$&''U&7+&''F*/R+Sh%T*)8/K&''7 %,''(/K+;?$&''U ;?=)'''C=?@+h9^&'C o&'C
_?,(+T[M&B1?q7$/F*+E)0?$%D%=+&0$/C+$/8&M&7+o)>$$=$&U+1h$/()M
{`@)*)M&C+$&U+1Zac5C?@+?$&U+=&M+:)FC+b)R+L+.$&U+%/^{
 !"#'%&'()*+,-  "”
1d'i5*?@%@+:z'* j'8 9'C Z[.&…'B 1 Z'[.$@+__he'8?@+f&'M %$&'M h$/>&'0 ;,>+$%+,>
A''57?@+=&''M :Z''[.$}C?@+9'''C A'aŒ+1A(&'.&˜&7+$=V+E9'R &'0 )'8=/^=%@+&'8,C?@$)R
__?$/(,K+A[5C+)O+b&.+=&B&7+$&F+.=&0+)8&B
&''.&*%$&7+_?$&''()FC+;)''BV+P''B?@+/''8?@+)''FC+;)''3)8&(+;?$&'''U “=)'0 &'()0+;?@
_&.&M+Ai58?$$@+AR)O+&0+?$&a+5C$/R+pC&7+;?$&U+E)8&0)8=/^=%@
&'''79FyC+&'''R)O+A+7%@$&'''U 1Z[F'''i>+f&'''M h?$)0&''''3 A]''i.=$)U+;9''7 A.%+=9^&''C
__h$/C+&0?D)C$$$@)Y
?$&''''.9^+A+.=&'''''C ?D)'''( ;@+;&'''0&R)O+$&'''U E&'''F…+5>+h%$+,'''C Wh&'''0?}.D)U+&'''($/Y
_?$/ai.H=
__sZ'…(,K+Ar)'*9O+`/0&'7 1?$&a+5C)'BpK+`/0&'7 &'ƒ.$+ &R)O+$&U+ZC?@+W=%$)M+;&U
2$/''7 f)'''. ;,+5'3?@=?D+$?T'*=@+;=)8V&'> A'B,(&7+$?$&'a5C)8+)5*&'( AO)(&'C &'.&*%$&7
_ZC$/C+J&7/(/0+)ac+5U+&i.&*%$&7+:`D=&ƒC+f&M
{W%,F3)U&C+e+./*+Ak*)C{
ÅÅÅ
hm&''C __E,\''58+1oH=&'''> Aƒ.&'0 &[5'B 14'B)*+f@+?T*&'R=&M+Wh&'0?}.D)U+&'($/Y
_j.,K&8
__&0?$&Y=/K+J9^+E%$)5>+b?$+o9(+W)™&7$D+;&U
W$)0+=}C+f&M+;{H@H@+h&0&[5*?D)*
_?e+.+=&8+f&M+4c+58,n+;@+AR+I&¨9(+f&K&7
Em@+1Z''CA+7/O+f&''M 4.}+5''M ˆ%@&''*)C)5C+h&''7X+%@&''[58?D+&''39K+h&''7 A'''C?@+hm&'C __
$?$&'*?TC+$m/'K A'*9C+ 1jC&M+%T+5(+;?@$/8=&n+1J&.)U+b&.&a3=+ZC?@+__)FC+=%/.T*&C
_`=)…C++N+E)58)B+1¾Cm)C
ÅÅÅ
1Aa+50)''> ;?$,''B o&''F.@+AF+.=)'''Y)C+$&'C?$?D=&C+Wh)'B&C+$?=$&'K A*&'|@+;&'U
_`/+5k*&ÌC+:J)0+f&M+;T[B&>
%@+E)''C)5C+A*)0&''[5*?D)*+h?@=&''C&7+?$&*)'''c.@+E)0?T['B&>+&a'3$?+=+;,+5'3 &'KD9^
WT*)0,*+;?@+1J)M?@
  "  ./0'123'456+*67
9C+&a3+j.,(}+5M&C+A(&.%T[B&>+1£+.$+;&0,*&0+E&K?@+Z(+)ac+5U+WE)C)5C+N&K+e50
_)>$$=$&U+A*T*%G&M+1j.+=&>%=+$?$&*@,0+).=$
x''*?@+$&''0,*+=)O)U&''7 Z''C?@+&''5*+h9''^ ž?@&''C A.)>$$=$&''U ?=/''0 A'''[8+h)(?$&'U
:h,kC%=+daB&M+o)C+o)C+1d+50&+ƒR%@+E)0%,F3)U+1E%$?+=+&(&.)U+;?$&*%@
{?$/aB&C+%/^&C+dai>+;T5U{
E)'C)5C+=&'B&C+P'B?@+&'.)8&(&C+;&'B&0+ $&U+9C+;%$+:ZC?@+E%$%,n+1j.=&C+E)C)5CXX
_ˆˆW`,kC+%@

! AB*D*%*+$G
!9
&0&($&F''3&U+;+,''R ;9'''^ ;@$$,'B E).&'0&.=&M+&'i.T*&U+$=%/'….=+;?$&'U ;%$@
J&'*)*&(+__&'cO+ &[($&0+E).$/8&M+)()B+b&.&7+:z*&F+5>+;&ƒ5~+&*).@,0 1J)M+;&»
;&'''*)*%/58+$&'''C ;&'''a7)K+$)a'''B?$%+=+?$&''''O=&C+%=%D+_?$&*T*)''B?@+;9''C o)''3)>;=&0
&'F*/R+S?$&'i58&U+A'7@+ ?$/C+;+=&>+E).&539^+·.&0+$&7+4+58&0+?T*&R=&M+__J)M?@
;=%D&'''''7 _?$&''''.%@?@++N E%$&''''U ¡ŠAa^&''''C@&C+;&*)''''i5*+h&''''0&.&C+;&''''.?@=).@+$&''''U
I&cO+&($&0+%@+;&09+7&M+$=)8+&Ÿ3)U+f&K&7+1`=?@+&()M+;&0&($&F3&U
__?$&'(?$/R+pC&'7 E)5[8+=&'8&7+;T+58/U)'* ?=)'.@%$+:J)'MN A'R E).&0&.;T+58/U+)*
Ws?$)8+pC&7+E).e5O+?e5O+)ai+5M+AR&0
%=%D+j'.=?D+&'.%@+;?}+5'( %@+E)'0V)C?$)5>+A…+7&'r&…+7&r+f&'K&7+ D9C+?=&0+?T*?$&U+=&M
IA(/K+1A[^)U+;9^+A+./K
A[5*&F+5>+E).&0&[5*&F+5>+hm&C+" _jC$/C+;,+5n+?$&[8&7+Z3?@+1j–.&0&C+&*)8&U{
_&5*+j8

&'C &'(%$+ˆˆ5)Q-R@1;S1J-41;T=1;(>-.N1; 1UV;WXX I ?$%,B/*=&M+%@)5Y+;&½B$/*+$$@&7+ ¡Š

ˆˆXX+&''C &'''(%$+ˆˆ5)X-R@1;<1;G>-3YZXX I ?$%,'B$/*+&'0 A'F.,.@+T*&'R ;%$@+:?$%,'B$/*+ˆ•X
_?$&]ai+5M+=&M+hm&C+:u)8/K&CÂ+Aa^&C@&C+ˆˆÕŸ3XX+;&3$&7+?T*&R=&M
 !"#'%&'()*+,-  "¡
E)'''.9^+9'''C E)50&'''.)k+.=+&'''0 ;?$&'''C J?=)C&''''B jF+57&''K p''> &''*)8&U+:)''0)*+;&''O
__j[+./*?@+E).9^+;?$&*$/…39^+E$/()M+=&C&*,K+AC+?$$@,0T[B&>
W?$&(?$)O?+=+1?$/(,K+;,(e5(+?$&7+;).=9M+$%=&M+;&K=&C+h&Fy+./K+)0)*+;&O
A0)'''*$$+=+9'''C &'''0 E)5K&'''B=/O+&'''F*/R+S?$/($&0=&'''B A''''F.GH=+;?=&''B H,8&''U
$/''C h$$@&'''C H,8&'U ;)(?=&'B ?T*&'R=&M+?$&'a5C?@+%$@$?=&'C {&'.%D?+=++A'C A'F5[8G$@
_`+=&kC+,+5^&C+A.)(90+Z3?@
&'()M,r)U+,r)'U 1j'.,C+A*)'0).=?@+?$&'.A*%$&^=&U+ A[.D+=&B&C+?=%/B+?=%/+5U+%$&U
_?$?=&C
A*)0&'''5[+5\*+=&''B&C+L''.$?D+:;D%,n=&''B ;GH=+&''a.,K?@+A*)8@)''3 A''ƒ5(+?=%/''5U
_?$&a+5C?@+$)^+%@;9^
;&a''c.)3+L5*)''.G+?$&''8)*&>&7+Z''C?@+:J,''K hV&''7 E)a+7}*&'''8 A*%/58&'C ?/'5U+&'0
_ZC+E%T+5>+Ak*,K
IPi.H=+A*)0&cO+=&B&7+%=%D+%@+;&0&($&F3&U+&*/0+A0&.?$&*$/C+=/+5M&7
E)5+790&''7 o&0&''B=$/O+&''~$$=+1E$/''C z*&''F5>+?,+5''n E)''.9^+;@/'^ 9'C &'*)8&U
;&'0%=9^+&'8?G+$&'C __E$$@,'0 A'( E).=)0+j8+A*)0&(&.)U+1b%=9^+?=).@%$+:?$&(?$/C
;&a'''c.)3+E@,'0 o9'* d'5>+j'8 ;&'8?G$&U+&'F*/R+__)'B$)U&*+f&'M E).?@&'K '5M+j'8
_?$&()0?@).=$+E)5*)0?D)(+?D&~+$&*%=&F()C&^
P'B?@&C+E)'55K?D)(+A*).&'C %@+E)'.9^+;?$&'*@,0pC&7+ :?$&(?/.$?=+`=)Y&C+E)5+7@
_&.?D)(+A(%$)U&7++,>+E)57&>+=%/R+z[5C?@+&.9C+:&.;@)3+1·.&0+;&.)8&0+?$)[+5M
Ee+.p>++E)0&8/ƒ3+&(?,n)U 1Em%T[8+&a+.=@)*+&0%=9^+?=9Y+$&U+&0+u%D&*+ZC&*?$
&''F.@+A0&''.?=)R+f%T'''[8+1EG+;$)*&'M A'*@,0+¢.)'O 9'C _j'C ž?+=$&'* 1?,.&'O E)'. j'C
_d+.@+E)5i5(&O?=?@&*+1u%$&U+AFi.}>+&*+L5[89^+:&.&M
A'[8+AF+5[($&0=&'B %@+o&8&7+:?$$@=$)M+?$&[()M+}+5C&7+E).D%$+&.+V)C+&+7&890+$&U
E)'5R/>$/y5M+AF+58=&'3 $/8&'M E?@$/B)U+j8+j0&7+@,0+Z>+E)5aB&M&0+_&.&M+%T+5(
4.=)C+1b$/B+E&FC+Za3=&M&C+PB&M+?$&.+;D9B+f@&C+E)(?$&U+)U+__A*+=%@+E).9^&7
_E+,C?@+;=?@
  "" ./0'123'456+*67
J&''[8+$?$&''*?@?@)C+E)5'''39^+A()'0?@=$+! $?=&'C ?$&5.@)'3/K+f@&'C &'*).+V)C+$&'U
_&'.&k+7&C+j.q'3)C+%@+b)'R ;V&'C ?$&'*%@)C+9'C L5*@,0=)…(&[8+:?$&*&0?@+e+.$)0+;=)C
&*)''i5*+1b?D=&''C E)5*)0&.A''39^+&''*90+A.=?$?p''C 9''C Z*&''.)^)*+?T''[5M+o&''*)8?D
_j[+5O&R%@
_J/''K ;%$)'U %=%D+%@A'39^;&8=&K&7+W?$&'(&*$/C+b)'R A'39^&*&7+E)5a'iK)ac+5U
_%@+E)i5>+b&.&^=&R&C+E).&.;=?$&a^&C+1;=/+5M+h&U+;}+.=+A3&09+7&M+$=)8+&Ÿ3)U

”
J&'*)*&(+_E$/'C ?D,>&'3 %=%D+A+./K+%+,C+&0?=)r+/+5*&7+¿+7&r&…+7&r+&0+4+.=?@&O+;%$@
=&C$&['B ?=&'B ;&[3&R+$&C+hm&C+__)i+50+%@?$)*$&U+=&B&C+A+7)C+¯=&8+A5k*?@+AC&0
W/R=?@+?$&0?=)r&7+o9^+A0&.&8%=&C+%$)U+?$9Fi>+A+7&O&8+&a5*?eC
v''i5M+d+5Y&''C %@+h&0&($&F'3&U&7 ;&'.H,K+$&'U Z'C?@+A'B,>+;?@+?$&'.9^+=&'C&7
A*%+=?$)R+}5K=&M+__)8+=$+AO%$+;&0)K=?@=&C+&ai.&K+?T*?$&U+=&M+__sjC+AR+AF.=&^
E)''.)C+9''^ W?,.&''B&0+;)''UI@,'''0 ;=%$)'M %@+E).=&'B&C+&'.9C+S$/C&'* ,.&'B %$)'U Aa'3
ZY&'''C e''''./*+Aa.=&''* 1§%@+E)(?$&''U __v''B=&>+%/''^ 1 ;=)''K}+.=)>9^+9''C ?$&''(?$%@
sWjC$/C+P+53+jR?@?$&7+&*)8&U+AaB%+=&C+__j[5M?@
%@+b9R&'C E)'*e+.p>+1Em%T'[8+b?$+E$/'C%}^+;&0&($&F'3&U&7+ ;&*%$&U+A8&Y=&B
;9''''^ ?$?+=&''*&C+E)55*)\''5Y+A''[.,(/+.D@+_@,''C?@+&''0?=&0+9''C E)5''3$/*+,0+1E$/…()''M
&'C @,0+AaB?@+1;+,C+f&M++N+Ak*?@+?$?G$V&C+,(%$@+__?$&.)^=&R+f&M+$@,0+L+5>?+=
{IET[+./^+%T+5>
;&a''c.)3+E).$/8&'''M {Jm&'B?@+$)'*%/(+:+L.)a'B 1J&'[8+:A.)'*%@+1A.?=$&'KÊ
Ê@&C&U+)(+__E&]+5U+;%/^
_?$&*T*&B+;9C+?$?e+.=@+$=$$@+A0&.?+=?D&C+o?=&0
'''5M+?,'''K%+=9^+?T'''[5M+AF+.=)'''C ?@,'''C :)'''0?@+E)‚&'''8}^+$&'''.&]+5U+A'''B=/O=)C{
L.$&''U `/''C o9'''^ ;9'^ ;T'*?$%/^+;&'B&0+$&'U :?$&'()C)*+%T'3)>&C+b&'.;D%/^%@
_Z[+5ƒ8&~+;?@+A|)O+&C+)B)U+;9^
_?$?T*&B+;9C+?$&[.+=?D&C+&0?=&0
 !"#'%&'()*+,-  "Š
;9'^ A–.&'0&C+=&'K&8+Z+7?@%T+7&'M %@;9^+A*)\5Y+;?T.=&n)U+&C+)5*&(+:&k*?@ZC{
_&5*+&+7&M+;,K+*)8)U+)*?@+__?$&a+5aB?/C++N+1Z[+5\CD%$
_?$?T*&B+;9C+?$&[.+=?D&C{?=&0
$&.A'i58&+79^+P'c5>+_Z'(%@)*+A'./K+%@+E)'.G+&'7 L5B&0+1`=$/C?@%=+;9^9C{
&'k*?+=+ ?$&0+&ac+5>$&C ZC&M+A39M+=&K&U+_%@?@+=)3&~+Z>+;9^+A.T[B&>+P3$?+=
_j[+5M?@+A*)0?e+.=@+`/K+&($/Y&C++=?$)C+%+,F+5(+:;&*)(&–B+$&U+=&C&7+__)0?@+;%$=&>
_?$&*T*&B+;9C+?$&[.+=?D&C+&0?=&0
__?$&'(%@)*+hm?$+ZC&'* `=&'U&C+&'F.e+.=@+`/'K E9R+W&*)\*&>+AF+5(&]F5~++;)U{
;9'''^ ;&'''[.$+1d'''y5C+=&'''B&7+A''''i5*)0&.A*)\5Y+A''5ƒC+9''( Ws?$&''()0)*+J?+=+o%$%@
_jR$/>+$/y5M+1¸$&K+?T[+5M+AF+5*)\5Y+1A*)\5Y+&.9C+__sjC@,0+?T.=&n)U
_?$&*T*&B+;9C+?$&[.+=?D&C+&0?=&0
J$&'''R&C+E)'. P'B%+=&C+h$$@=&'8 ;?$&'U :=&'C &'a.,K?@+J$&'R 1P'B%+=+;&'k.=+9'(
;/.@&'''* PC)*&'Y A($/0&'7&8+1;T[+ƒC&'.)>+&'F*/R+_;?@)'* Z'> A'k*,K+9'( )'C?@+;$)'*
_&5R+A*%$)(+ZC+A[+58)n)*+&0+&.%@?$&7+9(+A5*%$)(+ZC+1Aa+50)>+:?+=&3+$,+5^
_?$?T*&B+;9C+?$?+=?D&C+&0?=+&0
$)'R b&'.&C+1`,'K?@=?$+b&'. b?$+%@&K+$)3)>+__A[+.=)()*+J9^&7+ž&0+P.)(?$&U
?$&''''F5[.+=?D+o9^&''''C %$&''''U JV+&''''[5C+E)0?=)C)(&''''^ =&''''K&U+_;&'''''0?@+E).)'''3)8&(
_;&0?@+E)5.D%/i+5>
_?$?T*&B+;9C+?$&[.+=?D&C+&0?=&0
&'0=&M+:AC)'*?+=$/(+ %@+E@=%/^&7+_?$/.&K+;p˜&M+&7+Pi.D&~+$&5+58&7+JD&~+9(
;&'''*%T*?$%/^+A(&''']F5~+%@&'''8&7)U+_?$&a5'''3)8?@+b+=@+Aƒ.)'''O ?T'''[5M $/'''C P5'''B,C
_?$%@+E)\*&>+J9^+=&8&7
ˆˆW__T*)‡&B+;9C+?$&[.+=?D&C+&0?=&0XX
  "« ./0'123'456+*67

! #$K!'-T$d
!
;9'''^ __%+,C=&''''C&7+A($?,''B `=)Y&''C P''c5C+;&''*%T+7&M+%T''5>+&''R=)>+h&''U %=%D+&''0
?$&.)'BpK+%@+A*)0&'*%/58/+5*&7+$%@+A*)0&'( 1j.+=?D&'C @,'0 Aa'B?@+ L.$&U+%pK&*Z>
I;T*%e5O+%T*).=&B&C+;T5U+_E$/C+,+5M+1P+53+h&Y=&B+L5*%$&U
Aa''B%+=+&''0&.+&''0&.+$?$&''i5>+&''()M+E)''557+_sz''R AF.=&'''^ ?$&'U WE)'0?@%}8?@)U
IA(/K+$?$&*@,0
N?D?$&'( __&'.)($&FC+E)'a5>+;$)'R %$)'U j8+;&kŽ+5C+1P+5C+WE)(9^+=)B+&0)^+;&U
A0&'. ?$&'*%T+57&C+E)'. __`G)'O &7&>+&(&*$/($&0+%@+E)(&.?D)(+&[.@ h&7+:E$$@,0+AB)0
sWE&0?@&[+.+=$+Aa+.$+1P+53&C+&0+jR?@+E)0?$)n&+7&^+1Ee+.p>+$p>&7+;@
T'*?$%/^+&'0 %@+J9^&'C J&'k.=+E9'R b&'.A+7$/F*+ 5M+ZC&C+:&3&O+p8+;&U+o9(
sAaB=&€C+4+.=&0+)B)U
I?$&.%@+A8m?$+ED&8+;&3&O
A(&5''39^+A''5Y+:h,''( %D?=)''3 9(&''7 j''8 %@;%/''^ ;=)''C $=)0&'7 S&'i^&C w W%=%D
Z''C &''0 ;?$&''7 ?q''3)C+za'''B=&€C+%/'^{%+=+4+.=&'0 ;$)R&'7 _w)'M?$+=&'M j'8 ZC?@&'0
A.)'''*%@+)Y$&'U &'[5­%=+h&.&'cO+h&'7 Wh&'0&*D&8+&a'BH@+_za'B=&>+;&'* =&'M 1z'C%/^
_`$&0?@=?@+9C+J?,n
Z''''''C 1A''''''7$/F*+$?=&''''''C %$&'''''''U ˆˆ&'''''*)5K+%/'''''^XX+A(&'''''.$/(/K+;&'''''B&0+$&'''''U
%@)5*@&7+9($&U+A0&.&>%,^+&.&(/K+?=9Y+$&U+:?$&(?$)[+5\+7&M+ND+AF+.$)k*&MA(&.%/^
_`,0)*+=&B?=)R+A*)B)U&C+&0+?$&a+5*?@
d'7@+?$&'U=&C&7+ SzaB=&>AC+z*%/(&U&0+?$&(?$)8+4+5a3+&.;$?D+h&U+=&B&7+)ai+5M
_)0?@+)8&B+%@+E)539^&7
PB)U+&7+9(+&5R&C+;+=?$)C+$&*9R+AaB&M+ž,(%/^&7+;&3&O+p8 _A(&5B&C+W%=%D
_&i^&C+ZC+?$&(9^
{IA(/K+1?$&.%@+;+=$)U+%@&i+.T*&U+1=%/…+.=+;V&C+%=%D
 !"#'%&'()*+,-  "#
AF+.p''''CXX+&''''.%$+J+=?$)''''C &''''0 E)'''. ˆˆ@%D)'''U ;p'''CXX+`,'''(/K?@+P+5>&'''0 o9'''(XX
WsAaB=&>?@+L.+ˆˆPCXX+1+;&0?@+?,.&B+?=$?@+h&U+Ai.)†+E9R+ˆˆAaB&C=&B
)''M?$+AF+.=)''0 ;)(?$&''U ?$%@+=)''.,C+J?D)''( AF+.+=?$)'''C J9'^9C+;&'B&0+$&'U ;&'U
_?$$@,0+J&*+%@?=%$&3+A*)0&^93+&(?,n)U+/+5*&7+&0+A[+5M?@+h&M%=&n
P'''B%+=+o9'( :&'.A0)[8&^+;&'.)8+$&'F.=)0+I?$&'.%@+E)'58m?$+=%/'….= $&'i.T*&U{
;T5U+:?$&(?$).G+T*?$%/^+&*90+&F*/R+Sh&FC+5M+u%/()*+h9^&C+o&C+hm&C+__;&0?@
_Z+7+AC+A+5+7?@++%=%D
&'''0?T*?$%/^+&'''0 E)55*)\'''5Y+A'''[.,(/+.D@+9''''C ?$&''a.=&K?@+;$/8&''M &''8&U+;9''M
__A(&'.9^¡« G/'0 T'*?$%/^+:Aa+5'3$/(/K+&[.p'3)*$&U+ __?$&a+5[+.G+;?@+:?$&a+5[+.G/C@
_E%/5ai>++AC+AO&7+AF+.+=?$)C&7+&.Aa.,C+T*?$%/^+AK=&8+,(%$@
A()''0 h&''7 )''U s?$$@,''0 P'''5R+9'( WD)'…ƒ5n+;=&'K$$@)Y+&'*90+`=&'U IA'(/K+o%=%D
"?$)'[5M""&'*).A0?=&0+ &a3+$&C+P*)]5U+9(+&0+)0?@+Z>+J+=?$)C+Z0+%@&5aB&C=&B
s?$)[+5M+&*)5.T*?$%/^+&a3+$&C+J+=?$)C+;&0+A+5+7)*+d+5>+9(+`=&U
J9'''^ %$)'U $@,'0 P5'i50,>+E9'R &'(%$&0+;&'U :;D)C,0&'8 1E%}+5'7 ?$&'(9^+;V&'C
Ws@,0+¸$&K
h=HD+$/''C A(&'''.)Y$&K+h@,'0 ;?$&'U _J)'F5>+9'( W%=%D+I?$&'.%@+A'8m?$+=&'K$$@)Y
_h$/C+b—5M+1d+5+ƒY&^+?$&5+5>+$%@+9C+*?+=
E)'C ?,+5[C+J&˜&>+$?$?=&FC+pC+W&89(+f&K&7+:T*).&K%+=+;ˆˆo9M+;@)\5*XX+&C+%=%D
__s;$)[+5M&''* ;pK&''C J$$@=$/''C%=+;?$?@,''0 =&''B&7+P'''*%@e.$+&'.%/K+:P'(/7+;?+=&'>
_s?$/C&*+HG9C+$+g5>+%@?=/‰+A+7&0$$@?+=&R+1vB=&>+;&8=&K+h&7+9(+;pC+`=&U

/7$XX+I?$%,B$/*+%@{ ¡‹{?+=&>V+E)8&M&7+_?=).@?/+5>+Ai+50+,>+;+=&>$&U+%@&.&K+,C+h&7+ ¡«
j'8 _$/'C )M?$=&'M %@+d'3&F.@+A0&.&½'B/*+A˜=&'B :?$%=@+©)R&7+?}8&M&C+ˆˆ&ƒU)O+&*%+2)O
_$&U+;G/FC+&(%$+ZC+ˆˆ&ƒ()O__ !XX1+AC+©)R+;&+7&M+dR?@+9C+;%$+ˆˆA*V)UXX
;=%$&'790+ ˆˆ5[\ Aƒ+}F(,(+V+?T5ŸXX+IZ+7?@+{%@&.&K+,C+h&U+;&[5.%$@&7&0+f)~+=&M&C
_ZC?@+%,F3)U+;$%$&(&C+%@A(&.%/^+ZC&7+&n$/B&ƒ.&n+h&U
A*V)U
  "t ./0'123'456+*67
A']7@+$&'.&M+4+5a'3 %@&'*&|@+$&'7 IA(/K+1A($/7+E)C+&.)*+;&˜&>+o9M+;@)\5*
*=&'''B ?T*&'R =&'M hm&'C __ZC&'* d5a'B=&>+%/'^ An)'8 &'3&*%$&7+_ZC&'U ?@$/'B)U+Z'>
_&*)[+5M+Z>++=?$)C+;&ac.)3+&(&…+7&U++AC+&.?/+53+$&C+1ZC+b&.%/^+Ih?@?@
A'''F5(%D+=)K@=?$=&''> &a''c.$Z>+E)0&''B,(%/^&7+A.@&.)''3 1A''[5C+E$+;?,+./K&''C
1J)'0 j.q'3)C+Z'*%/(?@+Z'C e'.=@+%@$&'8 %$)U+AF+5*)8?D+A*?$)^+L5F+5B&0+_ZC,8&*
$&U+&()kC+1;eC+9^?$)0&C+?$&*%=97&K A*)8,n&C+&39^+A+5>+:)FC+;9^+f&C&O&7+E)8?D
;=)'''0 1Aa+5'3&7+;D&'~ Z'C =?@&'C ?@%+=&'7 ¡#;p'C L5F+5'B&0+:A(&'50?=&K+;&'˜)8)U
_&.&*%=97&K
ˆˆs4+.=&0+&a5…C+AF.=&^+%T5.)*%@+&7+?$/(,K%@+P+5>+&F*/R+W%=%D+A[5C)*+;@&UXX
45a''3 %@+J9'^ A'*$$=?@+&'7 o9'( __s=&'C &'a.,K)*+'5>+$)'y5>+;)'k.=+)'*%@+A'R9C
sZ[+5‡&cC+&.AaB%+=+h&U+;&0)*+;@&C
e''.=@+;9'''^ ;$?D+=&'B&7+A'a.@+SA'*%$+=+A+7&'M %@+E)55*)\'5Y+;/+.D@&'C %=%D+)Y$&'U
P''5R+9'( `=&'U IJ/'K A'5>+)Y$&'U _%@&'0?=&0+A8?@&'C )'FC+§%=&'3 &'F.=&^+$?$$@,'0
?=)'0$$= :Z'R?@=?@+ =$/*+AFi5(+?$&a*%$)R&7+1;$%+=9K+A(?$%$&(&C+WA*‘n+s?$$@,0
;&.&''cO+$&''U `=&'''U _?$&a+5[+50&'3?@+;9'^ ?$&'.A(&.)*D&8+;%$&'0 &'C P'3&0?$/+.D@
AR?$&'U __s?$&'a5C@,0+ J$$T[.D+E@,8+o)>&7+Z3)*+__s&aB%=+&.?$&a*)F+.+=$)M+h?@&C
=&'B&C+A*)'8?D+f&'K?+=+ 1@=)€B+PK=&8&C+;&7&~+$&U+__s?$&a.&FC+;$$T[.D+;%@+A*)M
_Ws)*+E).+;$/C=)…[(&0+&.)U+Pc^+J$/R
)''']R+__s?$$@,'0 P'5R+?$&'U :?$&'a.$/C+P'.D+Aƒ+5K$+,+5'M ;%$@+d'[5C+J?@+;)(?$&'U
_&cO+:&FC+&cO+W?$%=)3+;$%,^%@+;&M+__s;&0?@+J9^+A5r)B+$)R
IA(/K+E)55*)\5Y+“q[.p3)*
&'.)U+I?$?=?T'C d¼m?$1dB,>?@+P+57+%$&U+_;@&C+AF+58V?D+9(+ZC&*+1ZC&M+W%=%D{
sz*%D?@++N+;q3)C+E)¼)0+ZC+?@,8+AaB%+=&C+E).+ZC+?T[.D &0?T*?$%/^+&0

_ZC+;%D&C+ˆˆD$)Ža‡%XX+ZC?@+$&.&+7&M+?$&8V&C+ˆˆ?T~+=$)Ža‡%XX+›  ¡!{2+_9C+¡#
 !"#'%&'()*+,-  Š‹
A[a'3/0+ ZC+A0?=&K+4+5B&0+{h$$@,0+J,+5n+=&C?$&7+1b?$+=&M+{u%D?@+j8+Z+7&C
?T[''3/0+L'5*$/C+?+=$/'( :=)'0 &'()^?@+z*&'F5>A0&R+Z*&'.&kC+h)˜&'U&C+?$&'*).G+Z'C
_&5*
__sJ/K+J&8&U&0+;$/C&*+9(+=&M+W%=%D+;@&U
1;@&'''C 9'( =&'M WA0)*=&'(&^+A'c.TO+9'( __;=/'5M+;=&'[5^$$=+9'( __A*)\'*&>+9'(
_;%/^@&C+9(=&M

”
f&'M 1;}^%=+;&0&($&F3&U+;=%D+9C+)Y$&U+)B&>&~+Pc5C+;&*)8m?$+$&U+%=%D&0
I;T*%+=&*+,(%$@+:)ac+.$
=&''C&7+=&'''M __s?$&*=)'3?@+j'8 ;$)R=&'C&7+E)a*)0&'.A[+5\*+A'R9C+W&[5'i50+,>+;&'U
__Z0&'''ƒR)*%@+E)''a7@+$?$&''*V%T[8+Ar$)''O &''(&*$/R+ž,''( %/^&''7 &''a*$/C+&''0 ;?$&''U
IEe''5C?@+$?/5'3/K+?$9^&'C E)a.=9^?p'3 A>&'7 &'5*+?$&'U _E&*).%$)'B E)'a*)0?$?@,0
ˆˆW}.D)U+1o)C+;%/^+;&U+__9(&C+)*&>XX
;&'8&K+H+,8&'U j'8 =&'8&7+A($&F'3&U+__j'yC=?@+Em%T'[8+ ;?@9M&7+)ac+5U+=&M+;?@
f@&'''C __j[+5\''''C Em%T''[8+AY)''M $=)''M &''7 D%$+`=?@+&''*H+,C+__;@+?$&''.9^&C+A''*m%T[8
_j[+5­%+,+5(+?$&*&FC+pC+?$&[($?,B
;&'''8&UX+?$&'*)Œ)U+A($/0&'7&8+&'*$&0)*+f%T[8&'C ?$&'[C&*+?/'5U+=&'K&U+E)'8/K+Z'C
`$&'*)8)*+__)'* IE)'5(/K+h&Y=&'B )Y$&U+_ˆ;+°+7&M+E)Œ)U+AO)(+$?=&C+;&˜&>+1J/K
;$?D+A(/0&'7&8+ ;DHp>+;%$%@+)5*&(+$)5>+&[.$/C+)ac+5U+:?$&*)Œ)U+A(/0&7&8+&[5yC
_j.&0?@

 
IPi.H=+;&0?=)(/K+=&B&7+%=%D
hD&'~ h9^&C+o&C+)ac+5U+W&[.$)5>m)C+__E)0?,.&B+=)an?+=+?$)5>+__u)0?D)(+&aBH@
__?$%+=&'K f&M+A.&8&>+E)($)R$/8?@+&.9C+:?$&(&*$/C+o9^+f@+?=).@+_&5*+E)(?=)R&7
$/'C E)a0?=&'K ;?$&'U =&C&7=&M+__E)r9ƒ.)3+&*&0AC+ž?+=$&*+A+7/K+b?$+&*)(9^+An)8
  Š! ./0'123'456+*67
E)''a*)5K+$Z''C %T*)(/+5*&''7 ?$&''.Aa+.p>+;D9'''B&C+L50$/'B ª$$=+;%=%D+1j'C E)8@)'3
_@,0D)B+ˆˆ=&0XX+9C+E)ak*&M)U+1Z*%=&0+&–.&0+&*)(@,0+)FC+A*%=$/*
&'*)(&]5ƒC+E)(&'0?=)0+:?$&'[R&*+ pC&7+E)(?=)K$&3+1EG&Y+?=9Y+h&U+WE%$)5>+?D=&C
?=9''Y h&''U :E$/a''c7&^+A''39^&*&7&0+&.&*)''B&0+$&''U A*G&''Y &''8&U+:)'''[5M+h&'M%=&n
_E&0?@+E$/C?$&B)^+1o9*&7+&K+&*)*G&Y
$)[+5>&'7 1Z'C 4.=)0+)C+@,0D)B+E)ak*&M)U+{=&0+A*G&Y+:?$&*G&Y+h&U+;&*9C&C+&0
__ZC%T[8+;@). 1j8+Aac.$&39^+1E)(9^+Aac.$&39^
" J/K+;%$)U+%=%D

! l&$(!="//N&
!9
&''.%@+E)''.9^+1`=?@+&'''[()M+%$@&'C%$@+J$&F'3&U+A'*%/58+?$%=%D+A*@,0&'cO+h?@&'C
$ =)K$&3+A*&|@+)(+;@,C+1J,K+A*)55*)\5Y+A[.,(/.D@+A+79O+%=%D+:E%$?+=+;%$&M=&C
$&'U _%T'C E)i5>+?$&.&0&($&F3&U+4.}*&7+;$&3+&k*)8+;&–.,(=&C+A*)0&[./.D+&k„)(
E)''.9^+;@/^&''C 1E)a''B?$%+=+?$&''.;D%$&[+7@&C+%@&''*)k„)($&U+h?@=&'''C&7+&'7&K&C+&'*%p>
?D=&''C $&''U A''[5[5C+;9M&''C )a''c5U+IJ/''K ;?@+:%@;9''^ A7@&''7 %=%D+)Y$&'''U :;D)'*?@
Wd–.&0&C+=HD+?$&*%$)5>
%$&'U E)'5(@+&'0 I$/'C ?=&8&'B =)'kŽ+5M+ AF+.=)0+%T.$$+=+?GH=+$&U+A.%e+.=@&C+;?$&U
Z''> ;9''^ A''a–K+/F''3&C++29''C &''79C+1A*&R&''3$+&'''(?$/($&0+E)55*)\'5Y+A'[.,(/.D@
Z'''> A*)''0?,k+./K+;$)*&''M ?$&''0)*=&(&^+?T''[5M+AF+5(&''C)C+&''.A*?G+A''8?@+_`+°''C=?@
IA(/K+_T*%G&M
:=&'B&8=&C+%T'5(+A†)'.G+$/8&'M %@GH=+b&'.&7+&'0 &'8=)Y+h&'0&.+ 9C+&8&U+&[.=?@%,C
)a'c5U+ :)FC+d[ac./39^+;$?D+;,+5n+{%@%=%D+b&(&7+%$)U AF+5*G&Y+&0+&B&C+h?T*?$&U
w o&''F.@+AF+.=)''Y &''(%$&0+__s+A*)''K?T[.D+1E)''.G+&'''.&8&U)U+Id'5ƒC+¯=&'8&C+u%/'(?@
_E).G+;&K=&Y+9C+?$?+,+5K
 !"#'%&'()*+,-  Š”
&''.&8&U+)''UX+Ij+5^)'''3)*+f&'M %TK=&'8 ;$+=&'C j'8 b?$+A'R9C+?$&'U W&'[.=?@%,C+N&'K
?/'5*+%$&'U _ˆ?$?=&'[.G+E)'­ o&0+AF+.=)Y+%@%=%D+A[ac./39^+$)[+5>&7+&(%$&0+sE).G
_J/K+;%$)U+L5*)55*)\5Y+A[.,(/+.D@+$?$?@,0+;V+$&3
1E$)8&''* E)''5*%=)Y+A''^H@+=&'''B&7+@,0Z'> E)5a'B&M+%@&'7&~+h&'7 E)0?D=&'C ?$)'5>
;T'''5U+SA''''*/.+=9K+1E$$@,''F5(+;=)''0 %=%D+E)5''i5*%D+:jC?$&''0)R+jF.=&''^ 1E$%+=9''K
E)5F+.T*&'''''M __%=%D+A'''''*@,0+)''''''8 P''''B?@&>&7+&''''[($&0+?$?}''''.=+1Aa''''c.$&39^&C
S?$&a''c^?@+A+7&''M ?$&''–.&0&C+L.=&''K$$@)Y+&''*90+:E)'''.,K?@+E)'5F+.+,C+1z*&'0?T+5>
?D)'( A*)'.G+Aa'B&8! N?D?$&'( ;%$@+z'5ƒC++N+A'*9R+:Z'C$/C+ PB&8+o)C+$/R?@?$&7
E)55*)\''''5Y A''''[.,(/+.D@+AC%=&''''3&C+ˆˆ&''''0?=&0XX+?$&''''*,5K?@%$+L5F+.T*&''''M :?$/'''C
x'*,K+&'0?=)0+ZC?$&'U=&C&7+Z'C o?@+)8&'B 1E%}5'( f&'M &'($/($&0+ $?$/C+o9^=&B
_jC$/C+;+=&>+Z( %@&0?=&0+;=)C$=)0+=&B&C+&8?@=&B+$&U+A*)0?=$&K+?$%@$$=+1ZC&*
I%=%D+A(&.)U+1E)i5*+•?@&7+&F+50&.+o&.&(/K+h&U
ˆˆWZC&M+AF+5^&.)C++&8&U+ZC?@XX
”
&'7 A*)'8D+ &F*/R+S$/C%G&+ƒ3+%=%D+T*)0=@+;&*)a–K+$&U+E)55*)\5Y+A[.,(/+.D@+Z()0
%T+7@&''C A''R Z''*%}C+Z''0 :E$/…a''i5*+A*)''0?$)R+1j.D=&''7?@+;9*G&'''U :$/'C$/R+&'ƒ5ƒ0
12)'C ;&O&'3 &'(%TC+?$&a'B&C?@+;+=/'K %@?$&*@,0pC+A*)i0%@+1E)i0+f&M&7+:?$/()M
I?e'5C+9'( _`=%/'^ &'a5*%$+,C %@)'.=?@+ &($/Y+=&B&C+?$&F>H,(&7+1Z*%$+,C+2&M+=$$@+9C
_;+=&>?@+Z(+%@$/()M%@+$$@=$/C%=+A*)8?D+E%/+5*&C+$/CG,K$+,R+AF+.=$&M
;9^&''C)(+Aa''i€+7)>+?@,''0 9''C E)'''579O+$?$&'*$/C90+%=%D+;=$?@&'7 E)'0?$)5>+?D=&'C
;&'0,0+h&'U hm&'C :A*%T+7&M+%T+5>+&[($&0+?$9Ÿ8+9Ÿ8&C+)Y$&U+J)M+%T+5>+AF+5M)U+$%D$)U
1Ay7+E)C+&.)*+AF+5F8)O+$)8%+=+A(+`,kC%=+4+5k*?@+9C+PB&M+4+5B&0+b?$+:J)M&* ?/+57
__WE=?${)U+IZ*@,0+;=%$)M
1%=%D+__?$&'.%@+A'k*?@+b&'.&+7&.%D+?$?=$$@&'7 E$/C)i+50+%@=&B&C+A+7)C+Ak*?T+5C&0
IA(/K+=)Y+h?$$@+9C+1Ay7+E)C+&.)*+;&˜&>+E)c.@+__E$/C+²V/O+`/K+;&0&+7&890
hm&'''''C __%+=9'''K ;&'''cO+Ak*&'''M)U+_J)'''M%@+$&'''3?/5*+%$&'''U __?$&'''*=?$+__ 1E=?${
&C+Z+ƒC+9(+?$&+7%@$=&0&C+__j(,K;%@+AB=/O&C+A398)^+:?$&.)8%@+;9^+Aac+.$f&M&7
  Š  ./0'123'456+*67
x''*?=+Ak*)''8 1J$&F''3&U&C+o98)''^ )''5*@+__E$/'''C œ'0 E)58&Y=&'B ?$?=)'8 &Ÿ'3)U
_?$&.)8+A()8&C+%$=&M+&>,R+ZC&C+L.=)K$&3+__?$?@=?D
IA(/K+1Ay7+E)C+?$&.)*+AF8)O+A8&5+5B+;=)Y 9C
E)''89^+%@$&'''3&7+?$&'*=?$+;?@+__?$&'(?$/C+4'.}*+;9'^ A()'B :?$&'*=?$+__1E=?$
_?$&[.&FC+dO/*
 
%T+./K&'C ;9'^ ;&'7&.%D+x'*?D+&'*90+E9'R _J)M%@+$&3?/5*+%$&U+W&[.$)5>+m)C+;&U
_d[+5€R?@+{%T*)a0&(&7+%$)U+L5[8+hT*)€R
;T*)''€R+$&''3?/5*+A'''k*?D+&'*90&0+h,'K?@+D%=+%T*)a+7&'K&7+?$&F58)'B 1;D9'c7@&C
_?$/C&*+e+.=@+E&8&(+$&U+;?T[+5M+4+5„H,8+5M+$&F+5k*?D+&*90+_%T]+./K&C
&()^?@+$&3?/5*+A()B+1E%T+57+&a+.$&0?@+?$&*)a*%$)C+A+7@&7+x*?D?p>+A0$$=?/+5*
_)0?@ &*%$?+=+E)acF.=)(+;&K=&Y+9C+L5[5*&F+5>+:&F*&M+?$&8+,>
%@?ˆJ)''BX+h&''7 hm&''C __jC)''* %,F''3)U+H+=?/''5*+A0)*$$+=&''C P''3 `,'''C WE,'kC+`/'K
1E,'''K?@D%=+E)''''.9^9C+E)0&a''3 ?$&''(?$)0,8%@+Em@+;)''.=/M+$%=&''M $&''F[+5n+%$&''M&0
__E?@&U+;?=%$&3+1E@=%/C%+=&C+?e+.=@+;&*).)M?=+&*)5K+$&U+&[+.}^?@%=+1E&K?@+;TF+57
W&+7$/O+1j.,+.@+?T*&R&0+$&3?/5*+A()B+;&F*&M+9C+E,kC+`/K+)Y$&U
ˆˆWsZC+J9^&7+J)K)U+W’H,8+;&UXX

¡
?$&'a5….D@+;9'^ &'.&*%$&7+s+A'C@,0+;&*&'3&(+%@`/0&'C &*)8?D+ZC?@+Wh9^+9C+;%$
_?$/($&F+57+;$&^+$&.)5*@+&8&U+WsE)0&[CZC+?pC+A^)*+9C
?q''3)C h,''­ _?$&'''3&k*)8+;&'–.,(&7+h$)'R $?+=?$+¯&'B&7+d'./K+Wh9'^ =)'B&0)^
_h+°C=?@+A*)(9C+?/5€B&R+d+7@+&7+%@$&3?/5*&7+;?$&U+b?$&*
W?$&8%+,C+1h@,8+h9^+9C+;T5U{
s;&0?@++N+d[+./^+;%$%@+?=).@%$+sA*&(?@+j8+;=$?@+AR9C+&09+7)Ž+7)Y+;&U
 !"#'%&'()*+,-  Š¡
;&()'B$&U+:?$&'a5C?@+4'.}*+ˆJ)'BX+1`=)'C?@+©9'7@+©9'7@+ u$&3+Wh9^+=)B&0)^
=&''B&C+Z''0XX+IZ''B,>?@+&''[5…0&.+;&()''B$&U+_&a^&''3 &''()F8?@+1hD=&'''7?T+7&M+%T'55(
$&'.;D%+=9^&7+Z'0 __sE)\'5Y+$/8&'M ;=?$=&B+&a+5C?@+Z0+__s?,+./C+$)0?@+J%D+%@&8&U
j'8 A–.&'0&C+;?@)'U WE)'0?=)C$$=XX+ IZ+ƒC+1`+=/‰%=+E)0?=)C$$=+A8&Y=&B&7+Z*%/(?@
ˆˆsE?@&8V+h&0&i^&*+&7+1E&FC+,r9U
h&'.&(/K+h&'U :&C+J9^+;=)53$+o9(+S?$&(?$/C+4.}*+J)B %$&U+Wm)C+A„H,8+;&U
_&.9(+1b$/B+`/K+;$$+=$?=&C
{WsZ+ƒC+AR+%@;9^+A^)*&7+$&3?/5*+ZC?@{

"
&'a5C?@+Z'0 A57)'* d'5>+ `=&U+W)0?@+)8&B+`GH=+$/8&M+di5*)5K+1d+.$&U+;?@,C+j8
sE)\5Y+;=?$=&B
9'C j'*%/(?@+&'.)U+:j']5M+1 œ'0 o%$&'M __$/'C A'*%=$/*+ x*)8+%$&U+W+h&0&^%@+;)U
_f)C+&a+5C)*+•V+hm&C+__+)8&B+&[($&0+?T*&R=&M+sf)C+;&O&3+&*?TC+A*%T[+ƒC
h&''7 __)'3,(+o&0&C%=&'3 $@=$/'C%+=+A'39^+·.&'0 An)'( WE)0&'*%D+Z0+=&'€7&M+;&'U
W&*)aB+=9K+;D%+=+1&€R+?$&i.V$&7+1+2)(&C+§%=&3+;&B)0+?$V
E)a'B=9K+&'0 &'.?$&U+ =&C&7+)U+__sA*%T[+ƒC+&[ai.&K&* %T[.+,n&7+AR9C+W&*)a5R+?$&U
A''''5ƒC+9''( __?$&''a.,C)*+E)8=)K$&''3 A''R9C+:E&''FC+=)''KD=+E)''0?$$@,8XX+I)''0?@+=%$)''M
WszC$/C+PB&8+$&3&k*)8+;&–.,(&C
__E&FC+=)(/O+E)0?+=9K+E=?$+WE)0m)C+;&U
;T''5U+:E$/'''C,8+E)0&'0=9^$$@,8+__sj[+.=&'>)*%=+E)'0?$$@,8+A'R9C+W&'*)a5R+?$&'U
__?$&'''a5k*=D?@+$&'k*?D+h%$?@=&'C _?$&'(?$/C+4'.}*+:?$?=&'C &'()M+J)'B %$&'U W&*)5'B&C
;?@=&'''> L'''57@+;&'''*%=98+:?$?=?@+&'''(%@&U+`+,'''n ž%=&'''M ?$&.A(&.)0/''''B&C+L''57@
_Z[+53?$?@%@
_&[C+ZC+?T*&R+&*)\5Y+h&U+W=%$)M+;&U{
  Š" ./0'123'456+*67
Š
T'[ƒC+ ?$?=$$@&7+A+5+7?@+=&M+__&a*)0?D%$)U+`G&7+hD&~+?,n+W&89(+f&K&7+ˆˆ=)(XX+;&U
W?$&[C?@+D=&C+?$&5.=%T+7@+;=)C$$=+³H=&7+1E$$@=$/C%=+A*)8?D+;&+7&.%D+__?$&[C?@
$/8&''M E)[5'''i5>+1E%$)'C A*)0&'8&^+:j+.D&'a7@+;{=)'(! &'7 A'a.,C+9'( Wx'*?D+;&'U
?}5.)'> &'a.$/C+)'( ;T*—8&~+1T*).&K+Z>+;9(+;D%$&k*)C+o&*)8?D+:?$&a.)(/0+E)5+7@
A.&'K L5*)\'5Y+;@/'^ :&cO+1P–K&C+$/C+Pk*?@+:j8+;&0)5*&(+&+7@+b?$+b&.&[.+,+.D
_?$&[R?@+o?=+$?$%@+E).&()8+;&*%$/i+5M+$&U+A[3&R&C
_`,­+1`+°C+;9^+;m)C&C+;@)3+A[–0+`$&.?@+E)\5Y
__sEe8)'* A7&'M `@+?$&'.A*)\*&>+&'7 ;&'39^+ &*9C+$&U+AR9C+WE)0?$)5>+m)C+`=&U
Z7&''''C __ &''. ;=?$&''a^&C+AC%=&''3&*90+A''*9C+__?@&''C&U+;&''8%=&C+?$&''U j*%D)''* =&''K&U
I)0?@+f&M+Z(+?/+5*—.@&C+%@$&3?/5*&7+:&.?$&K=&8+;&B)(&C+&0+¢.&0+;=?$&a^&C
_ˆˆ@,C?@+Z>+A*)8/K+=)KGH=+&0+?q+7/O+o?$&7+&0&*)\5Y+__&+7$/O+&0&*)\5YXX

«
1¸$&'K 1{=)\'*{GH=+;&'U ?$)'c^?=+h&'0&*)\5Y+)a'c5U+W`+=&'K d'57+ __`+=&K+d+57?@
$&'3 ;&'7%,C+;GH=+;&'U __`$&'0 `$+h9'( Aa'B?@+h,(?}50)'> ?$&7+__?,+5C++N+hD%$+E98
W?qO$&3&C+9(+&7+$&3?/5*+A()B+&55*+?$&U
N&'k*)5K+jF+.$%,'B)*&*+$}+5M&'C &'F*/R+Sj'C E)\5Y+;=?$=&B+E)0?}50)>+&ac./+5>
A*)0&'''550)*$$+=&7+1E$%@+P''''8 %T''5(+E)''.9^+{j''[.e>?@+=$/''* AF''i5(&0+{$&''3?/5*
_E,(=%Tk[3,>+$q+7$/O+$)k*&ai+5R
S;?@?@+d.=)5a^&'''C ;?=$?@+1P''''5.@+%T897$V&''C 9''( H=?/''5*+__$)k*&a''i5R+;&''U
_E&.)*+jC&7&0+`$&0?@+PB?@+J&*)*D&^+$+*&K+$&U+A*)0+%@)5*&(+A[8&7+&F*/R
1d5[5.)U&''* 1d5*)\'''5Y&*+%+,'3?$&U f&'K&7+__s;&'0?@+j'8 ;%$%@+?$&'U WE)\'5Y+;&'U
sh=?$=&>+%/^&*
W&*%,K+AF+5*)\5Y++$&B=/O+AF+.GH=++/0&C
:E?T'C q'7/O+;=)5a^&'C ;=)8V&>+EH+,C+__E$&0+`+=&C+P*)0&aB?@+j8+A.=&…+.+=&C)C+
hD%$+;T5U+__E,kC+%TF+.?T*?$%/^+=&B&C+PB?@+EH+,C+:E?TC+q+7/O+Aa^&C@&C+;=)8V&>
_?$&89^+A*)8=&n&C+hH+,C)C E,+5C++N
 !"#'%&'()*+,-  ŠŠ
&'* 1dF+.T*?$%/^&'* hm&'C __&'7$/O+=&'M di5a^&C@&C+$&+7$/O+d.=?$&a^&C+WGH=+;&U
_dF+.T*?$%/^+¦^?DH@
WW&+7$/O+&*)\5Y+h&U+A*%G+&0+;)U
  Š« ./0'123'456+*67
#
9'( :Eq'7$/O+9'( A*)0?=%D)U&'7 T'*?$%/^+A*)'0?=%D)U+W?=&8&'B $,.&B+A*)\5Y+;&U
?$&''†)F+.G+&''k*?@&7+1dF+5*)8&''0 j'''8 _&'0&8+j'8 ;&'OV+$T'*?$%/^+A*)'0?=%D)U+?=?@+,'>
_&*%=)…[.p3+1;=)0$$@)Y
1d'''F5k*?D+__)'K)*+Z'( d'[.+,C=?@+1E).&'C&7+ž&'0 1d'F5k*?D+__h$&'3?/5*+;=)'( j'8
_E&K)[5+5(+m)C+;?/+5U+AR&0+he+5C+;?@+j8+%$&U+__d+.@+E)8D?$+%@+=&0+A8?@=&C&7
A()''0 :?$&'''.)y+5>+E)'.9^+%@H+=?/'5*+$,'B&+b&'(&7 A'a.$V+:%D%,'( =)0&'7 =)'0 ;T'5U
&'''''.)C+?$&'''0&.V&7+$&K&'''B ?$&'''0&.V&7+__?$?=&'''C&[()M+$&'''3?/5*+$+$&'''3 $&'''.?=%/+5U
W&*).?=$/7$/>&~+E)50$$@=&M
¡t
__`@)C+j8&7+__`@+)C
__A[+.&>&~?@+1Z[+5FB$/*?@+¯&B+b?$
__`@)C?=&0+Ak*?@+`@+)C+__
__Z[5Fƒ5~?@+1Z[+5n=&7?@+E9R+;)U
Z[+5½5*?@+%@$&3?/+5*&7+?$&*)5K&C
ÅÅÅ
;%@+;$&'½5C+$?$$T*%D&'C ;&'3&*+ ;=$/[B+__?$/C+PB&8+@&C+$&F+.p)3+A+5+ƒC+9(
E)''''c.@+__)'''0?@+A*)0?=%D)U&'''C A'''.D%$+%@$&'''3?/5*&7+&()&'''B &'''*90+$&'''U __?$/'''(,K
&''7 N&''K %@=%D)'''U A*T*)'B$)(+A()0&'7 A'39^+:)'0?@+A*)0&.A'39^+b&'(&7+;D)…a'B?@
_?q+7$/O+$q[5(&C+&0?=%D)U
)a''i5M+AR&'0 :)'F(+P'[./^+©9'7@+©9'7@+1;@,'0 h,C&O&'3 &'*)O?+,+7@+/'58=%@+;&'U
sA†%/^+)*&B

&'0 :;TC&' A'i.$=?@+A'0$V" ;?$&'[5*9M+ ?/+53+=&B+&ac^+h&.&ƒ>90+h&U+A[a3+=%@+ ¡t

AF7&Y+A[.&B/~+V&8+$/…39½+57%/^+$/C%@&*+&^+)ai+5M%@ !t¡t A7)B&7+&8pC&7+o)ac+5U
__`@+E)'B97?,(&8+A'k*?@+__`@)'C j8&'7 __`@)'CX+@,'0?@+Z'> PB?@+?T*&C=&B+h&C+;&0&0$V
_T*%G$V+h?@+L5[8+;=&k.=)0+E)8&M&C+ˆˆTaM
 !"#'%&'()*+,-  Š#
o?$)'''C ;$$=+$?=&''C P''i.)aB+%$)''U E9''R ;&''U :&a''B&8+1¢.&''0 j''8 A''5O?=+f@
Ws?$&()0?@
@&'B &'(%$&0+_)'0?@+¯=&'8 ;%$%@+A.&'K $)'c^?+=+4+5a'3 =&'M IA+5+7?@&'0 &a+57+d+./K
_&+ƒ8)0&*+)ai+5M+)0?@+pK+A*)K?T[.D&7+x[R+;&a3+$&U+WE%$?D?=+AB%@&7+j.=&n)U
IZ+7?@+;9^+Acn&*&C&0+=%D)U+o?$&U
D)'B A–.&'0 $)'kC+&'.)8&(&C+__)'0?@+E)'.G+;%$%@+?@?D+=%D)'U hm&C+_&[+58&8+$?=$/C%=
?@,'C :Z'C ?$?,(+V)'C $,'(=$$@+ 1q*$$=+Aa3+;&B)(&C+__ZC+$$D?=)U+1ž?$&M++,>+1+AC
di5˜)8)U+__ZC+E$$=+d^)Y?$+1h,k(%p8+;)8&(&CXX+I)0?@=%$)M+E)0?=%D)U+1E%G+;=)C
_)'0?@+H=%D+;%$%@+&'* $)'0?@+p'k5Y+;%$%@+&'* ˆA39^X+AR&0+ˆˆ_&5*+h9^+$&†)0&+7H=
;T*&''''8$$D?=)U+_)''0?@+A(&''.%,8&*+;&''B)(+:A(&''.9^+A''(%D+)5*&''( ÂA''39^+A˜)''8)U
&''0 `$?@+;&a''3 $&''U ;?=)''R _?$&''[.=&kC+`/*&''7 =&''B E)0?$/a'''i.H=+&a'3 &'.?$&U
_ZC$/(,K+h%=)U+@&C&U+)(+1ZyC+;9^+A(%D&7
IA+5+7?@+$?=%D)U+=&M
:&[+5FaC+j+./^+1ZFiC+4+5(+W+2@+;&U
__&[+5R)ŸC+H+,C+W•V+;&U
_&C$‘C+1o?=&C+__&C)M?=+A*%T[+ƒC+1?=&C+W+2)C+;&U
:;=%D)U+=&M+1A*%G+=&M+%T(9^&7+o9(
W &C)(90+$?+=&>+Z(+Ij+5+7?@+P+5>+P*)0?=%D)U+Wh&0&+7@+?p>
_&0?$&Y=/K+J9^+$?+=&>%=+{=)0+E)8&M+9C{+&(%$&0

!‹
sj*%}C+d5R&C+ZC?@+W&[.$)5>++V)C+`=&U
1d5*+E)5y5M+E).+h?$?+,+5k*$&^+E).+daB&8+E).+dk*H@+=@+E).+h=&…8&¬+5>+&.)U
sh$&3?/5*+Ak*?D+;&+7&.%D
sd†$&3+&.)U
Wh&0?@=&B+?$&.A(&.%@&C&U+&7+dF+.=/‰+,+5^&*
s?/5B?=+j8+A*)\5Y+&0+?$$@,0&*+Z>+E)aaB&M+E).+:?$/ac5C+E)(&*+&.%/K
  Št ./0'123'456+*67
;=9'^ $&'3 $&'(&0?=&C+j.,n&'* $&'(?D&7+=%D)'U_+&'.H+=?/5*+=&'M %$&'U L.$&'3 ?/'5*
W&*)i^?=@
_&.?=)5(&>+)*%@+;%,C)0+I&*)($/(/K+?/+5U+j+5+7&*+)C+W+?$&*$&0=$$@
:?$$@,''0 ?=%G&''>&C+E)a''i5aB&M+?=)''.@+Z''C@,0+A''39^+·.&'0&C+E)aa'B&M+=&'K&U
_j.T0&.+;D%/½+7@+h&Y=&B+__E$/R+%T0&.&C+__E?p˜D+E)0&a3+;%+,F+5(
;?/''.,O+$?$&'''a.=&kC+?=)'Y$$@+&'C {?=)'Y b&'.! &'0 E$/C&'* ?$&'U ;H=D&'8)(+&'.)U
45*)''0$$,($)R+$+=)''KGH+= AF+58?@=&''B 9''C L.$&''U Z''C@,0+4+5(?D&'7 9'C E)(?@$/'B)U
WsZC$/C
:jC?p''''˜D+$?$&'''''[.=&kC+E)0&a'''3 ;%+,'''F5(+?$/'''C ?$&'''7 E)(D&'''~ ?$&'''(%$)U+$&'''C
:?$/a'c./39^+E)(&'0&*)\5Y+%$)'U W&'[.,8&*+;&'U _j'C ;T0&.+;D%/½+7@+:jC$/R%TF+5>
E).9^&''C A.)''(90+IJ/''K E)''a*)0?=%D)U+&''C ?/'''5U+_?$/'C ;@&'C&U+E)a'3&0&[ac./39^
A(&'.%,8&*+b&.A(&.)'39^+$/8&'M &'F*/R+S?$&'[.=&kC+Z'*@,0+E)'(=%$)M+ AR&0+j[+5\C
_`D%/^?@

!!
?$&''F5>+E)(?$&''U IED%/''^?@+4+5a''3 $/8&''M 9'''C A(&'.%,8&*+E)0&.A'39^+1J?D&'7
1E)a'''B=9K+__`$?@+E).$&'''3?/5*+;&*)a'''B&8+A()''''B __`$?@+E).$)''3,(+1j./k*&''M
$&''''8?@+;=9''''^ A'''''[.+,+.D ;=$/'''* __`$?@+E)'''.=9K+=&'''B ;&'''B,>+A*%=)'''C 4'''c58,n
_`$?@+E)5*$/C%$)U
$&'''U :?,''($/[5(+1A''B,C+=%D)U&''7 N&''K ZC&''* ?$&''5(?=D&&C+&''C J?D&''7 45a''3=&M
?T'[5M+A(&.)'39^+__&'5*+%@=%D)'U &'7 &'.&M+ %T5(&.)39^+1J?D&7+&7+;&.AC).)*+1A[+5\*
:%@?@ '*?=+%@=&'c8&Y+Z'C A0&.&Ÿ+7&U+&7+$&F+5ac.$+:%@)*=&C+;9^&7+E%@@+?=?$=&>9^
Za'3 I`D)'*?@+?$&'.9^+A.@)'3/K&C+__j'.$?@+%+,'F.$+A[a'c.$&*+ o9^+1vc./39^
_?$&a+5C?@+=&C%=&C+;=&C&O=&C+?$?=&B$&7+&0+%@?@+;+,n+Za3+1Zi^&C?@
Aƒ.&''8 __)'''0?@+³?DH@+/'5*+A*)'0$$+,>+f&'M $=%D)'U ;&'B)(+?D)*9^&'C ;&'(?D&7+$&'U
%T3&*)\5Y+h&7+_`,K?@+,K+?$&*).G+Aa+./[5(&C+I)0?@+$%/+53+AF+5a3+$/8&M+1A.%/c.=
_&5*+E)\*&>++N+E)a*).G
 !"#'%&'()*+,-  «‹
WE%$/($&0&*=&''B ;&''U __)''0?@+E)(&''B)(+$/''R f&''M 1=?$&'''a^&C+A(?D&'7 W&'[.m)C
$/8&''M &''7 ;D&''~ &''i58&M+L.@&''C&U+A(?D&'''7 S&'.?$&*)a*)0?=%D)U+A'3H=&>&C+J?D&'7
_)0?@+;9^++=&8&7+A(%D+;%$%@+)0?@+=%D)U+;%$%@+&0+_&.&*%$/($&0&*=&B+A0&.V&O&(
_=%D)U+;9(+J?D&7+;9(+SZFiC+4+5(+W+f@+;&U
_?D%/^+;,8&*+J?D&7+IjC,+5n+W&[.m)C
W;,8&*+__`D%/^?@+;,8&*+P3+A8&Y=&B+9C+J?D&7
svi.&K+Z(+;&+ƒ0)0&7+`=&U+__sE$/C+h&0?@$$,B+;,+5n+)ac+5U+)U
$&''[8+;@$$,'B ?$&'U __j'*e+.$—C+?@$$,'B h&'U 1j'.}^%=+W&'[.$)5>m)C+;&'U &'(%$&0
_ˆˆ&.)(&M+)(XX+I+A3&0)*)8+ˆˆ&F.@+AF+.=)YXX &7+&.Aa.,C+;&0&*)i5*$)*
E,yC+%=%D+;@$$,B+E)($/8&M
_&C).=$+W’H,8+;&U
sZ+7?@+AR+$&3?/5*+?$&UÊ
h$/+7%$&^+$&8&(/0?D$&*?$+?e+58&7Ê
d.@)K)U&C+%T89^+A[+./*&7+o)ac+5U+)UÊ
&7/O+;$%$&(&C+E)\5YÊ
A(&5+5>+;+=?$)C+GH=+&0+?q+7$/O o?$&7Ê
j7$/O+L5*)0?=%D)U
?q+7$/O+E)0?=%D)U&7+J?D&7
&C)(90+$?=$/C%=+A*‘n+I`e+5C?@+=%D)U
)0&*+A(&.%,8&*+;%$%@+&5*+4+5(?D&7+5M+hm&C
WWW&.)*+A.%$@+__+&.)*+A.%$@+;&.A(&.%,8&*+$&U

! #$K$?)!#$D

=&'''B&7+A[+5a'''i>+_$/C?$&a'''B%=+;&''''0)k+5Y+=&''B&7+%=%D+%@A''.%$@+;GH=+A*).&''C&7
J/''''k(?@+=&''''M _;+=&'''''>=?@+;&0&($&F'''3&U&7+?$&'''0&.+=/K1h=&K&C+1P'''B&C+E)'''(9+ƒ0
_?$)*+?/+5>+;=&B+?$&*%=$&M+/.@$&7+$&0,B+AF+5FB)U
  «! ./0'123'456+*67
IE%D%=+&($&0+%@=9^+b&(&7+1)B%=+:)B)U+E%=)Y
__sA''C$/C+%/''5M+o9''^ Z''C?@+WA*%=&''8)0+;=$/*&'''C ?$)'3$?=@+;$)'R &'[5+ƒK+;&'U
WsAi^&C?@+A0)*$$=+ˆˆZC&*+P39^+9C+AR+=&K&UXX+;)(?$&U
;&*%$&U+1;$&FC=?@+&0+;T*&89F3+A(&Í?D+&a+5C)*+?$&U+W+&0?=$&K+?=)aB+`=&U
=&''B&C+J9''^ ;=$/''* ;T''5U+__?$&''a.&FC+E)''50)*$$=+j*)'''.9^+A[+./'3 ;$/'(,K+h%=)'U
Ws;&FC+D%$=&>+%T*)\5Y+$/8&M
A'5ƒC+9'( :E%@$&'^ ;&'^,>+&'7 )M?$=&'M &'*%$)5>m)C+$&'U hm&'C __d.+=&'>%=+ $&^&7+j8
Wu).)8&(&C+&*%/+50+h&7+&0+z*+&*).m)C+&„H,8+$&U+,+5^&*+__sjC+d+.+=$)M+PB%+=&C
u)[.&…'B Ak*)C&'k*)C+&'7 &'*%$&U+AR&'0 =)0+&8?TC+PB?@+E)5*).&C&7=&B+&]0?=&K
W?$&()0)*+E).).=$+)[($&0+x*}K+&7+di5*)0&.Z>+;&8=D+1E)K)Ì+5C
j''''8 ;&*%$&''3 ?/''5*+;@$$,''B&C+E)5*)0&''*$&^+:E$/($&''0 f)''> %T''[8+;&''0?=)r&7
Wz*+&+7&0$/B+?T[+5M+u)0&($+A[ac5C+9C+E)5*)0&.`/K+AR&0+jC?@+&a3%$)U
;?e5O+$)0)*&7+_)*D?@+f&M+Z>+?$9B)U&C+L.=9^+:$/C+;9^+;D%=+;pK$&+7&M+%=%D
&Ÿ''3)U+%T'''89^+b&'(&7+=&'M ?=)'.@+IA'(/K+)Y$&'U :P'c5C+?$&'*)0&.A.%D=&C&7+;&'09+7&M
d'''3&09+7&M+:E&'FC+=9'^ A'i.)aB+%T'k*}K+$&'8?@&7+&'0 ?$&'(&*$/C=%T+5C+h&'09+7&M+$=)'8
:`$?@+o9''^ da'''B%=+;=%T*)'5K+j'8 _?D)'( ;=$/'* A'*@,0$%=+&'a.$&FC+;9'^ Ak[R&'C
sjC+`/0&7+u)0&aB%=+?$)5>+ZC?@+hm&C
E)'57)C+?$&'.=$?@&C+ 1+?$&3,K&C+E)0?T[+7)C+&79>+@,0Z>+PB&M+;%$+%=%D+%@&()0$&7
A'F57+__`,'0?@+E%=)'C ?p(+?$&[8G$@+A*%$&F+.G+&7+@,0?T+5>+PB&M+;%$+__?$&(?$/(,K
1;D)…a'B?@+$&'8&K&7+&'.Aa.,C+&'.?$&*T*%D$/R+1z*G)'U $&'U ZC&'* 1 ZC&M+I?$&.%@?@
_%@?D)(+Aac.$&39^+f&K&7+E%=&…7$@
IJ/K+;&U+%@;9^+A+7@&7+?$&.A8)B=&B&C
sw)[+5M+;=%D)U&C+AR+ZC?@ WA*‘n
P''B?@+&''($&0+;T''5U:P'''i5*H=+;&0&($&F'3&U+h?@+A'3)(+=&'B&7+?$&'F.}+.=)>+&'C
%$&'U @,'0 ?$&'C A'i5aB&M+:@=$)'M?@+ 9C+E)5.?D&C++,>+A8G$=$+;&*V&8+$&7+ET*)3?$%+=
AF+.,+5'3 ;&'0,*+J$&'0 `$+Aa'B?@+?T*?$&'U =&'M __%T0&'.A+7).+AF+7/0&'C jR?@+A>&7
_E)C?,\58+$D9B+,>+A0&.&0,*+__Pc5C
 !"#'%&'()*+,-  «”
4.}+5M&''C Aa''B&M+W$/C?$D=&'''C ?$&'*$/C).=$+$&'3?+=&M+;&'7&.%D+I@,'0 ;=%$)'M %=%D
x''*?+=+;&''(&0+AF+.=$&'''*)Y+A'a.@+?$&'*@,0+;$)R&'0 :;@+;=)C$&'U &a'c^+A'7@+$@,'0
&''*90+$/''R?@+4+5K&''B&7+:?$&'''5*)09*G&U&C+?$)'* ;=&'B $?$/($&'F7)>+A8?@=&'C&7+@=?D
_)FC+Z(9B&Fƒ0+?$&.=).@&C+1?$&a+5C;DH@+;&0&*?$)^
4'.,(90+A+7)'C =&B+?T*?$&U+=&M+:@,0?@+E).&^=&R+%@%=%D+;=$?@&C+E)0?,(90+&+79>
A[5C+%@+z*&F+5>&7+1T*)3?$?@%+=+9C+AF+.=&B+?$&*)8+=$+•%$&C+&0?p3+A($/7+&7+&.%T5C
J,K?@
u)0&''7H=+%$&''UXX I`=?@+&'''()M+h?@&'7 ;&'.&($+h&'U )5*&'( %=%D+%@&'*&|@+h&'U =)O)U&'7
A'B=/O+AF+.=)'C @,'0 Z'> A'i5aB&M+:$/'C d'O/*+%@A'k*?@+ ZC&7+;T5U+ˆˆ?$&*$/C+4.}*
E).&''K $%+==9''Y A*)0&a''B?@&>&7+=&''B&7+1v''3=+A*)0&F'''c58,n+__?$/'RV+f@+=&'B&7
WJ$&0&*+Z(;&+7$/Y+$/C+;?=$?@&7+AR=&M+$/C)8+=$/B+?$&7+;=&B+:PB&C
A*)0&.A€'''B $/8&'''C E)'''5.D%$+$?$&[a'''i5*?@+?$&5ƒ8/*)''''3 =&''B&C+L5*)''0?,(90
=&''B ;$%+=9''R%@+AF''c58,n+)a.&''> )a.&''> o&0?,+5'''3 :@,'0?@+E)'5*%=)C+D9'B 1@,'0?@
_T*)0,*+;?@+?$&3D%$&*&C+9^=&B&7+$?$&ac7?@+A*)0&aB?@&>&7
?=9'''Y $&'U &'F*/R+Z'CT*).)^+;&'* &'i.&*%$&7+__T*)'.)^+;?e'.=@+&a'c.$+f&'M h&'U
_ &5*+9C+A*)8?D 1J)0+;$?D+=&B&7+&ac+./+7&M
E$&'0=?@+%=%D+;V+9'C ?$?@,090+E).9^+1j.+=&>%+=)K+$&^&7+E)0?$)5>m)C+%@&()0+h&7
:)'*=?@?$+&0&($&F'3&U+;=%D&'7 E).=&'B ?T*?$&U+=&M+hm&C+__E&FC++N+;$‘B+&.A*).&C
%$@&''C ;T'5U+:$/'R E)5'3?,(&U+?$?=%$)'M $/()M&'C :Z'*@,C+A'3,+5M+?$&'0,*&C+&0?,+5'3
_E$/C+h/K+$)R=&C&7 $?$&*)i0
;?@+1A''*%$=+%@;9'^ ;V+=%/'R &'C 4.=?@&'O :;+=&'>%=+;9'^ j./'3&7+%=%D+&*%D,€'3
?$&'''()M&0+sA'''[5C+d'''5R+1P'''c5C+d''''5R+__%@;$$=+A''R WE%=)''. I?$&''(/K+;?@+1J/''K
$@,'''0 &*)''3 &''˜&>+A''i.=+:?$&''*$/C+E$$=++N+;?GH=+$&''U A*)''0?$%@$$=+1;9^=&''B
IA(/K
9'C 1L'5>+&'()M++N+h&'0?=&k8/˜+ 1h$/…ai5*H=+?@=&C)K h&U+=&B&7+A*).&C++A[+.$@
&'0?=&k8/˜+&'F5[+.$@+;&'7%$&M+$&'U W&'[.$)5>m)C+_P'c5C++N+h)'.,n+ ;=%$)M+=)Y+h&0&.
u$/8D&'U A*?$)'^ ;?$&'U =&'C&7+ :$/C?/+5U+A[($&0&*=&B+A+7%$&M+)5*&(+hT*).&K%+=+A+5>
  «  ./0'123'456+*67
j'.%$$@+ &8&^+PC+h$/()M+?$&U+9C+W%=%D ;&U+I/K+A+5>+&0+E)(V+&a+5[+5M+w+$/C+4.=&^
_?$&(9^+;&+7&M
:z*&''F5>+;)''O)O+&''.%@+?$&''O=&C+ˆ""P*)0&'''7&M+;&'[5.%$$@X+;&'(/K&C+J?=)C&'B
Ws?$&]…ai+5M+9C+;&.&+7&M+h&U+AC+4+5a3++ZC?@IIAB,>+;?@+?$&539^+=&C&7
1;+=&''>%=+%,+5''^ :$/''C ?$&''*@,0pC+A''']O/*+J)'M 4'.=+&'0?@=&C)K+=&'B&7+?$&*)'c.@
I;T*%/.,O
)''B)U+V9''> _ˆ&''*)0+V)C+?$)''5>+9''C ,\''58+1A.?D&''C __&''.A*)C?,\58+1A.?D&'''C ?$&'UXX
IA(/K+:$/C+=).@+?$&.=)c^$$=&C+Aa^&B
ˆˆ$/C&M+;9^+A*)8?D+L5*)C?,\58XX
;=)5a^&'''C j''''89^+__sZC&''M E)50&''.)M&C++j''8 A''B?$&M+$D&''~ 1A.?D&''C Z''C?@
_h9^+Aac.$+=&C+&(&8$/ac^+$&F5*)8=&n+d+5(?+=?@+;9C+;?$&U+:d5*D%/^
$)R&''C __&'†)0&+7H=+;?$&'*$/C+4'.}*+;&'k7&C+?$&'i5>+&'($/()M+,+5'3 &'0 o)a'c5U
_&†%D&^+A()0+1h/5.&K+?$&¨9^
=&'c*%=&B+ WED&8+;H+=+?/5*+;&U+__`$&0?@=?@+?$&[8+;?/+.D)0&7+$&O&n&3+?$&U+)U
_&[+.G,€C+1&[+.G+,C+J9^+;=$/*
b?$+__P'i5M+ZY&'C ;&0&($&F'3&U+?$&'79(+T'*/(+Aa'c.$&C+&'0 %@&8?@=&'B$&7+)'U
I`$&FC=?@+?$&*%=$&M+/.@$&7&0+E).&C+;=9^

SSkAJ*;/0$%*/1/W66

"‹
A.)(90

A*)0&a''''3%@).+Aa''3,C?=&B&7+&''.&M+A0&.9F''3)>+?${ "{2+&''7 $%T($,+5''C A>)''R &''7 "‹

`T*&''M&7+b?$+=&''M_h&'''‰ ;?,+5'U f&'K?=+A*%D&'* da'c./+5>&C+h9^&'C &'3&C+:&'ia+5*+4'.=T.,n
_?$$T*%+=&>+E).&.9F3)>+$&U+ˆ¢C)C+A>)RX+%@&[5.%$ @ A>)R
!"#$%
fgglXmXfn