^ĂƚLJĂ WƌĂŬĂƐŚ ;dŚĞ dƌƵĞ >ŝŐŚƚͿ ,ŝƐƚŽƌLJ ŽĨ WŝƌĂŶĂ ^ĂƚƉĂŶƚŚ Žƌ /ŵĂŵƐŚĂŚŝƐ ĂŶĚ ŝƚƐ ŝŶĨůƵĞŶĐĞ ŽŶ ,ŝŶĚƵ <͘<͘W͘ ŽŵŵƵŶŝƚLJ /Ŷ ŶŐůŝƐŚ >ĂŶŐƵĂŐĞ
zĞĂƌ ϮϬϭϭ
sĞƌƐŝŽŶ Ϯ
/ŵĂŵŵƵĚĚŝŶ ďĚƵƌ ZĂŚŝŵ ^ĂŝLJLJĞĚ ĂůŝĂƐ /ŵĂŵ ^ŚĂŚ ĂǁĂ ͬ /ŵĂŵ ^ŚĂŚ DĂŚĂƌĂũ͕ ƚŚĞ ĨŽƵŶĚĞƌ ŽĨ WŝƌĂŶĂ ^ĂƚƉĂŶƚŚ͕ ǁŝƚŚ ,ĂnjĂƌďĞŐ ŝŶ DŽŚĂŵŵĂĚ ĞŐĚĂΖƐ ĐŽƵƌƚ
ĐŽŵƉƌĞŚĞŶƐŝǀĞ LJĞƚ ďƌŝĞĨ ŚŝƐƚŽƌLJ ŽĨ WŝƌĂŶĂ ^ĂƚƉĂŶƚŚ͕ Ă EŝnjĂƌŝ /ƐŵĂŝůŝ ƐĞĐƚ ŽĨ ^ŚŝĂ ƌĂŶĐŚ ŽĨ /ƐůĂŵ͘ dŚŝƐ Ŭ ƚŽƵĐŚĞƐ ƵƉŽŶ ƐŽŵĞ ŽĨ ƚŚĞ ĂƐƉĞĐƚƐ ŽĨ ƐŽĐŝĂů ĂŶĚ ƌĞůŝŐŝŽƵƐ ŚŝƐƚŽƌLJ ŽĨ <ĂĐŚĐŚŚ <ĂĚǀĂ WĂƚŝĚĂƌ ŽŵŵƵŶŝƚLJ ĂůƐŽ͘ dŚŝƐ Ŭ ŝƐ ďĂƐĞĚ ŽŶ ŐŽǀĞƌŶŵĞŶƚ ĂŶĚ ŽƚŚĞƌ ƐƚƌŽŶŐ ĞǀŝĚĞŶĐĞƐ͘
6DW\D 3UDNDVK 7KH 7UXH /LJKW Y
dŚŝƐ ƉĂŐĞ ŝƐ ŝŶƚĞŶƚŝŽŶĂůůLJ ůĞĨƚ ďůĂŶŬ
ZZZ UHDOSDWLGDU FRP 3DJH RI
6DW\D 3UDNDVK 7KH 7UXH /LJKW Y
̆p^Rh ̒sS͘͘͘ ^ŽƵƌĐĞ ŽĨ /ŶƐƉŝƌĂƚŝŽŶ͙͘
dŚŝƐ ŝŵĂŐĞ ŝƐ ǀĞƌLJ ƐƉĞĐŝĂů͘ /ƚƐ ǀĞƌLJ ŝŶƐƉŝƌĂƚŝŽŶĂů͘ dŚĞ ŝŵĂŐĞ ĚĞƉŝĐƚƐ ƚŚĞ ŵŝŐŚƚLJ ƐƚƌĞŶŐƚŚ ŽĨ >ŽƌĚ sŝƐŚŶƵ ĂŶĚ ƚŚĞ ďůĞƐƐŝŶŐƐ ŽĨ DĂĂ >Ădžŵŝ͘ dŚĞ ĞdžƉƌĞƐƐŝŽŶ ŽŶ ƚŚĞ ĨĂĐĞ ŽĨ >ŽƌĚ sŝƐŚŶƵ ŐŝǀĞƐ ŝŶŶĞƌ ƐƚƌĞŶŐƚŚ ƚŽ ŵĞ͘ 8 Íȵk \h^h \hN° 5 ?D Ehd \eƗa Jp ͘ ? ̆p^Rh Uh]D Jp ͘ 8 Í 8XRWp [FahW iaƧȰkWj \ehb ƈSBȵk Ub½ 5 W D^hap Jp ͘ Sp\K 8XRWp \hSh _Ǜ\jWh 8bjah½ UWj XR ̆SjSj D^hap Jp ͘ [FahW iaƧȰkWh Ipe^hWh [hasTj \Wp ӕS ^D b ƈS \`p Jp ͘
ZZZ UHDOSDWLGDU FRP 3DJH RI
6DW\D 3UDNDVK 7KH 7UXH /LJKW Y
dŚŝƐ ƉĂŐĞ ŝƐ ŝŶƚĞŶƚŝŽŶĂůůLJ ůĞĨƚ ďůĂŶŬ
ZZZ UHDOSDWLGDU FRP 3DJH RI
6DW\D 3UDNDVK 7KH 7UXH /LJKW Y
8 ˴5T d\iX S Jp ͘͘͘ dŚŝƐ Ŭ ŝƐ ĚĞĚŝĐĂƚĞĚ ƚŽ͙ d5S ̒j BVa^h\ĥ \eh^hK ^ĂŶƚ ^Śƌŝ KĚŚĂǀƌĂŵũŝ DĂŚĂƌĂũ
ƚƌƵĞ ƐĂŝŶƚ͕ Ă ŚĞĂǀĞŶůLJ ƐŽƵů͘ ,ŝƐ ƵŶƐĞůĨŝƐŚ ǁŽƌŬ ĨŽƌ ƚŚĞ ĐĂƵƐĞ ŽĨ ^ĂŶĂƚĂŶ ŚĂƌŵ͕ ďƌŝŶŐƐ ďůŝƐƐĨƵů ƚĞĂƌƐ ŝŶ ƚŚĞ ĞLJĞƐ ŽĨ ƉĞŽƉůĞ͘ ,Ğ ǁĂƐ ƚŚĞ ƉĞƌƐŽŶ ǁŚŽ ŐĂǀĞ ƚŚĞ ƐƚƌĂƚĞŐLJ ĂŶĚ ƚŚĞ ŝĚĞĂ ƚŽ ďƌĞĂŬ ĨƌĞĞ ĨƌŽŵ ƚŚĞ ƐƚƌŽŶŐ ƐŚĂĐŬůĞƐ ŽĨ ^ĂƚƉĂŶƚŚ ƌĞůŝŐŝŽŶ͘ KƵƌ ^ĂŵĂũ ŝƐ ŚĞĂǀŝůLJ ŝŶĚĞďƚĞĚ ƚŽ ƚŚŝƐ ŐƌĞĂƚ ĂŶĚ ƚƌƵĞ ƐĂŝŶƚ͘ Ɛ ŝĨ ŚĞ ǁĂƐ ďŽƌŶ ŽŶůLJ ĨŽƌ ƚŚĞ ƵƉůŝĨƚŵĞŶƚ ŽĨ ŽƵƌ ĐŽŵŵƵŶŝƚLJ͘ ?D dhIh d5S 7Wp Uµ aj 8Ɨ\h͘ SpB̒jWh dWhSW V\½ \hN° iWƨahT½ dpah[haWj ƨȺ miS \h́Tj _sDsWj ӕEs _hFRjTj [^h: 8ap Jp ͘ dSX5T V\½Wj \KȸkS XDP SsP Wp ìhiSWp dWhSW V\½ S^Y ah`ahWj ^RWjiS 8XWh^ 8K \ehW d5S Jp ͘ 8XRs d\hK 8 \ehW d5SWs dUh]\hN° =Rj ^ebp͘ ĤRp 8XRj ìhiSWj dpah DhȐ K 8 \ehW d5S̒j? Kƛ\ _jVs eSs͘
ZZZ UHDOSDWLGDU FRP 3DJH RI
6DW\D 3UDNDVK 7KH 7UXH /LJKW Y
dŚŝƐ ƉĂŐĞ ŝƐ ŝŶƚĞŶƚŝŽŶĂůůLJ ůĞĨƚ ďůĂŶŬ
ZZZ UHDOSDWLGDU FRP 3DJH RI
6DW\D 3UDNDVK 7KH 7UXH /LJKW Y
k h^D͕ ̒j Wh^h]Rĥ ^h\ĥ _ӄZhRj d\hKWh 8Č ɅV ĂĚŚLJĂ ^ƵĚŚĂƌŬ ŽĨ ^ĂŵĂũ͕ ^Śƌŝ EĂƌĂLJĂŶũŝ ZĂŵũŝ >ŝŵďĂŶŝ
ŐƌĞĂƚ ǀŝƐŝŽŶĂƌLJ ĂŶĚ ƐŽĐŝŽͲƌĞůŝŐŝŽƵƐ ĂĐƚŝǀŝƐƚ͘ dŚĂŶŬƐ ƚŽ ŚŝƐ ĞĨĨŽƌƚƐ ƚŚĂƚ ǁĞ ƌĞĂůŝƐĞĚ ĂďŽƵƚ ŽƵƌ ŐƌĞĂƚ ^ĂŶĂƚĂŶ ;,ŝŶĚƵͿ ƌĞůŝŐŝŽŶ ĂŶĚ ƚŚĞ ŚŝƐƚŽƌLJ ŽĨ ŽƵƌ ŽŵŵƵŶŝƚLJ͘ ,Ğ ǁĂƐ ƚŚĞ ƉŝŽŶĞĞƌ ŽĨ ƚŚĞ ƌĞůŝŐŝŽͲƐŽĐŝŽͲĞĐŽŶŽŵŝĐ ƌĞǀŽůƵƚŝŽŶ ŝŶ ŽƵƌ ĐŽŵŵƵŶŝƚLJ͘ ?D \ehW ȳl ^Ub Sp\K \ehW d\hK 7Wp V\½ dpaD͘ ȐB̒jWh 7ThF ̆]ƗWsWh Dh^RpK 8XRWp 8XRs \ehW dWhSW V\½ 7Wp ìhiSWh 9iSehdWj ̆SjiS T:͘ ìhiS\h5 Vhi\ D͕ dh\h KD 7Wp 8T D ˲h5iS _haahah`h ̆T\ 7˴Rj͘
ZZZ UHDOSDWLGDU FRP 3DJH RI
6DW\D 3UDNDVK 7KH 7UXH /LJKW Y
dŚŝƐ ƉĂŐĞ ŝƐ ŝŶƚĞŶƚŝŽŶĂůůLJ ůĞĨƚ ďůĂŶŬ
ZZZ UHDOSDWLGDU FRP 3DJH RI
6DW\D 3UDNDVK 7KH 7UXH /LJKW Y
aj^ ìhiS dpaD͕ ̒j ^SWbj Ej\ĥ EpShRj sĞĞƌ 'ŶĂƚŝ ^ĞǀĂŬ͕ ^Śƌŝ ZĂƚĂŶƐŚŝ <Śŝŵũŝ <ŚĞƚĂŶŝ
dŚĞ ŵŽƐƚ ĚĞĚŝĐĂƚĞĚ ĂŶĚ Ă ŐƌĞĂƚ ƉĞƌƐŽŶ͕ ǁŚŽ ƐĂĐƌŝĨŝĞĚ ŚŝƐ ůŝĨĞ ĂŶĚ ǁĞĂůƚŚ͕ ĨŽƌ ƚŚĞ ŶŽďůĞ ĐĂƵƐĞ ŽĨ ŽƵƌ ŽŵŵƵŶŝƚLJ ĂŶĚ ^ĂŶƚĂŶ ŚĂƌŵ͘ LJ ŚŝƐ ǁŽƌŬ͕ ŚĞ ǁĂƐ ƌĞƐƉŽŶƐŝďůĞ ĨŽƌ ĞŶƐƵƌŝŶŐ ƚŚĂƚ ƚŚĞ ŽŵŵƵŶŝƚLJ ƐƵĐĞƐƐĨƵůůLJ ƌĞͲĞŵďƌĂĐĞƐ ^ĂŶĂƚĂŶ ,ŝŶĚƵ ZĞůŝŐŝŽŶ ĂŶĚ ƌĞƚƵƌŶƐ ƚŽ ƚŚĞ ƌŽŽƚƐ ŽĨ ŝƚƐ ĂŶĐĞƐƚŽƌƐ͘ tŝƚŚŽƵƚ Śŝŵ ǁĞ ǁŽƵůĚ ŶŽƚ ŚĂǀĞ ĐŽŵĞ ďĂĐŬ ƚŽ ŽƵƌ ŽƌŝŐŝŶĂů ^ĂŶĂƚĂŶ ƌĞůŝŐŝŽŶ͘ dWhSW V\½ 7Wp ìhiS \hN° XsShȵk ĥaW 7Wp 5 i\_DSsWs [sF 8Xahah`h ?D dhIh 7T½\h5 d\iX S 7Wp \ehW ƥ] ƈS͘ XsShWh D\½ Ďh^h͕ ìhiS dY`Sh ȶ la½D dWhSW e ȳk V\½Ws ӔFjDh^ D^ 7Wp k 5 iWiĔS D^Wh^ \eh \hWa͘ XsShWh ȶ la½KsWh Ⱥ l` d\ĥ bD° Spɂ͕ Ʌk Ks 8X̒j W esS Ss DUhI 8Ȑ 8XRp dWhSWj ZWj bðh W esS͘
ZZZ UHDOSDWLGDU FRP 3DJH RI
6DW\D 3UDNDVK 7KH 7UXH /LJKW Y
dŚŝƐ ƉĂŐĞ ŝƐ ŝŶƚĞŶƚŝŽŶĂůůLJ ůĞĨƚ ďůĂŶŬ
ZZZ UHDOSDWLGDU FRP 3DJH RI
6DW\D 3UDNDVK 7KH 7UXH /LJKW Y
^ĂƚLJĂ WƌĂŬĂƐŚ ;dŚĞ dƌƵĞ >ŝŐŚƚͿ ,ŝƐƚŽƌLJ ŽĨ WŝƌĂŶĂ ^ĂƚƉĂŶƚŚ Žƌ /ŵĂŵƐŚĂŚŝƐ ĂŶĚ ŝƚƐ ŝŶĨůƵĞŶĐĞ ŽŶ ,ŝŶĚƵ <͘<͘W͘ ŽŵŵƵŶŝƚLJ ĂƚĞ͗ ϬϲͲ^ĞƉͲϮϬϭϭ ĚŝƚŝŽŶ͗ Ϯ
ůů ĐƌĞĚŝƚƐ ƚŽ ZĞĂů WĂƚŝĚĂƌ ůů ƌŝŐŚƚƐ ƌĞƐĞƌǀĞĚ ďLJ ZĞĂů WĂƚŝĚĂƌ da½ eï ƨahVjW Ͳ ^ ]_ XhN Uh^
ZZZ UHDOSDWLGDU FRP 3DJH RI
6DW\D 3UDNDVK 7KH 7UXH /LJKW Y
ZĞĂů WĂƚŝĚĂƌ ŽŽŬƐ Ă ΗZĞĂů WĂƚŝĚĂƌ DŽǀĞŵĞŶƚΗ ŝŶŝƚŝĂƚŝǀĞ
ůů ƌŝŐŚƚƐ ƌĞƐĞƌǀĞĚ ďLJ ZĞĂů WĂƚŝĚĂƌ͘ EŽ ƉĂƌƚ ŽĨ ƚŚŝƐ ƉƵďůŝĐĂƚŝŽŶ ŵĂLJ ďĞ ƌĞƉƌŽĚƵĐĞĚ Žƌ ƚƌĂŶƐŵŝƚƚĞĚ͕ ŝŶ ĂŶLJ ĨŽƌŵ Žƌ ďLJ ĂŶLJ ŵĞĂŶƐ͕ ǁŝƚŚŽƵƚ ƉĞƌŵŝƐƐŝŽŶ͘ ŶLJ ƉĞƌƐŽŶ ǁŚŽ ĚŽĞƐ ĂŶLJ ƵŶĂƚŚŽƌŝƐĞĚ ĂĐƚ ŝŶ ƌĞůĂƚŝŽŶ ƚŽ ƚŚŝƐ ƉƵďůŝĐĂƚŝŽŶ ŵĂLJ ďĞ ůŝĂďůĞ ƚŽ ĐƌŝŵŝŶĂů ƉƌŽƐĞĐƵƚŝŽŶ ĂŶĚ Đŝǀŝů ĐůĂŝŵƐ ŽĨ ĚĂŵĂŐĞƐ͘
^ĂƚLJĂ WƌĂŬĂƐŚ ;dŚĞ dƌƵĞ >ŝŐŚƚͿ ,ŝƐƚŽƌLJ ŽĨ WŝƌĂŶĂ ^ĂƚƉĂŶƚŚ Žƌ /ŵĂŵƐŚĂŚŝƐ ĂŶĚ ŝƚƐ ŝŶĨůƵĞŶĐĞ ŽŶ ,ŝŶĚƵ <͘<͘W͘ ŽŵŵƵŶŝƚLJ ZĞůĞĂƐĞ ĂƚĞ͗ ϬϲͲ^ĞƉͲϮϬϭϭ ĚŝƚŝŽŶ͗ Ϯ
^ĞĐŽŶĚ ĞĚŝƚŝŽŶ͗ ϬϲͲ^ĞƉͲϮϬϭϭ ;^ƵƉĞƌƐĞĚĞƐ ĨŝƌƐƚ ĞĚŝƚŝŽŶ ĚĂƚĞĚ ϮϬͲ ƉƌͲϮϬϭϭͿ WƵďůŝƐŚĞĚ ďLJ͗ ǁǁǁ͘ƌĞĂůƉĂƚŝĚĂƌ͘ĐŽŵ ŵĂŝůΛƌĞĂůƉĂƚŝĚĂƌ͘ĐŽŵ
dŚŝƐ Ŭ ŝƐ ŵĞĂŶƚ ĨŽƌ ĞĚƵĐĂƚŝŽŶĂů ĂŶĚ ůĞĂƌŶŝŶŐ ƉƵƌƉŽƐĞƐ͘ dŚĞ ĞĚŝƚŽƌ;ƐͿ ŽĨ ƚŚĞ Ŭ ŚĂƐͬŚĂǀĞ ƚĂŬĞŶ Ăůů ƌĞĂƐŽŶĂďůĞ ĐĂƌĞ ƚŽ ĞŶƐƵƌĞ ƚŚĂƚ ƚŚĞ ĐŽŶƚĞŶƚƐ ŽĨ ƚŚĞ Ŭ ĚŽ ŶŽƚ ǀŝŽůĂƚĞ ĂŶLJ ĞdžŝƐƚŝŶŐ ĐŽƉLJƌŝŐŚƚ Žƌ ŽƚŚĞƌ ŝŶƚĞůůĞĐƚƵĂů ƉƌŽƉĞƌƚLJ ƌŝŐŚƚƐ ŽĨ ĂŶLJ ƉĞƌƐŽŶ ŝŶ ĂŶLJ ŵĂŶŶĞƌ ǁŚĂƚƐŽĞǀĞƌ͘ /Ŷ ƚŚĞ ĞǀĞŶƚ ƚŚĞ ĂƵƚŚŽƌ;ƐͿ ŚĂƐͬŚĂǀĞ ďĞĞŶ ƵŶĂďůĞ ƚŽ ƚƌĂĐŬ ĂŶLJ ƐŽƵƌĐĞ ĂŶĚ ŝĨ ĂŶLJ ĐŽƉLJƌŝŐŚƚ ŚĂƐ ďĞĞŶ ŝŶĂĚǀĞƌƚĞŶƚůLJ ŝŶĨƌŝŶŐĞĚ͕ ƉůĞĂƐĞ ŶŽƚŝĨLJ ƚŚĞ ƉƵďůŝƐŚĞƌ ŝŶ ǁƌŝƚŝŶŐ ĨŽƌ ĐŽƌƌĞĐƚŝǀĞ ĂĐƚŝŽŶ͘ hd/KE͗ Ɛ ƉĂƌƚ ŽĨ dĂƋŝLJĂĂ ĂŶĚ ĨƵƌƚŚĞƌ ĂƐ ĞdžƉĞĐƚĞĚ ǁŝƚŚ ŝŶƚĞŶƚŝŽŶ ƚŽ ďƌŝŶŐ ĚŝƐƌĞƉƵƚĞ ƚŽ ƚŚŝƐ ƉĞŽƉůĞΖƐ ŵŽǀĞŵĞŶƚ͕ ƐŽŵĞ ƉĞŽƉůĞ ŚĂǀĞ ĐŽŶƐƉŝƌĞĚ ĂŶĚ ĐƌĞĂƚĞĚ ŽŶůŝŶĞ ŝĚƐ ǁŝƚŚ ƚŚĞ Ăŝŵ ŽĨ ĐŽŶĨƵƐŝŶŐ ĂŶĚ ĨŽŽůŝŶŐ ƉĞŽƉůĞ͘ ^ŽŵĞ ŽĨ ƚŚĞƐĞ ŝĚƐ ĂƌĞ ƌĞĂůƉĂƚŝĚĂƌƌΛŐŵĂŝů͘ĐŽŵ͕ ƌĞĂůƉĂƚŝĚĂĂƌΛŐŵĂŝů͘ĐŽŵ͕ ƌĞĂůͲƉĂƚŝĚĂƌΛŐŽŽŐůĞŐƌŽƵƉƐ͘ĐŽŵ͘ dŚŝƐ ŵŽǀĞŵĞŶƚ ĚŽĞƐ ŶŽƚ ŚĂǀĞ ĂŶLJ ĐŽŶŶĞĐƚŝŽŶ ǁŝƚŚ ƚŚĞ ĞŵĂŝů ŝĚƐ ŵĞŶƚŝŽŶĞĚ ŚĞƌĞ ĂďŽǀĞ͘
ZZZ UHDOSDWLGDU FRP 3DJH RI
6DW\D 3UDNDVK 7KH 7UXH /LJKW Y
WƌĞĨĂĐĞ ǀĞƌLJďŽĚLJ͕ Ăƚ ƐŽŵĞ ƉŽŝŶƚ ŽĨ ƚŝŵĞ͕ ǁŽƵůĚ ďĞ ĐƵƌŝŽƵƐ ĂďŽƵƚ ŽŶĞ͛Ɛ ƉĂƐƚ ĂŶĚ ŽĨ ŚŝƐ ĂŶĐĞƐƚŽƌƐ͘ /Ŷ ƐĐŚŽŽů ǁĞ ŽŶůLJ ůĞĂƌŶ ĂďŽƵƚ ŚŝƐƚŽƌLJ ŽĨ ŽƵƌ ŽƵŶƚƌLJ ĂŶĚ ^ŽĐŝĞƚLJ ŝŶ ŐĞŶĞƌĂů͘ ,ĞŶĐĞ͕ ŵLJ ŬŶŽǁůĞĚŐĞ ĂďŽƵƚ ƚŚĞ ŚŝƐƚŽƌLJ ŽĨ ŽƵƌ ĐŽŵŵƵŶŝƚLJ ǁĂƐ ůŝŵŝƚĞĚ ƚŽ ƚŚĞ ŬŶŽǁůĞĚŐĞ / ŐŽƚ ĨƌŽŵ ĂĐĂĚĞŵŝĐƐ͘ KƵƌ ŽŵŵƵŶŝƚLJ͕ ^Śƌŝ <ĂĐŚĐŚŚ <ĂĚǀĂ WĂƚŝĚĂƌ ŽŵŵƵŶŝƚLJ͕ ŚĂĚ ŶĞǀĞƌ ƐĞƌŝŽƵƐůLJ ƚĂŬĞŶ ŝŶƚĞƌĞƐƚ ŝŶ ĞĚƵĐĂƚŝŶŐ ŝƚƐ ŵĞŵďĞƌƐ ĂďŽƵƚ ƚŚĞ ƚƌƵĞ ŚŝƐƚŽƌLJ͘ &ƌŽŵ ƚŚĞ ƚŝŵĞ / ŐƌĞǁ͕ ƚŚĞ ŽŶůLJ ƚŚŝŶŐ / ŚĞĂƌĚ ǁĂƐ ƚŚĂƚ ŽƵƌ ŽŵŵƵŶŝƚLJ͕ ŽƌŝŐŝŶĂůůLJ ĨŽůůŽǁĞƌƐ ŽĨ ^ĂŶƚĂŶ ZĞůŝŐŝŽŶ ;,ŝŶĚƵŝƐŵͿ͕ ƵƐĞĚ ƚŽ ĨŽůůŽǁ ^ĂƚƉĂŶƚŚ ƌĞůŝŐŝŽŶ͕ Ă EŝnjĂƌŝ ^ŚŝĂ DƵƐůŝŵ ƐĞĐƚ͕ ĂůƐŽ ŬŶŽǁŶ ĂƐ /ŵĂŵ^ŚĂŚŝ ^ĂƚƉĂŶƚŚ Žƌ WŝƌĂŶĂ ^ĂƚĂƉĂŶƚŚ͕ ĂĚǀŽĐĂƚĞĚ ďLJ Ă DƵƐůŝŵ͕ /ŵĂŵ ^ŚĂŚ ĂǁĂ͕ ǁŚŽ ĐĂŵĞ ĨƌŽŵ /ƌĂŶ͘ ŶĚ ŽĨͲůĂƚĞ ƌĞͲĞŵďƌĂĐĞĚ ,ŝŶĚƵ ƌĞůŝŐŝŽŶ ĨĞǁ ĚĞĐĂĚĞƐ ĂŐŽ͘ dŚĞ ůĞǀĞů ŽĨ ŐĞŶĞƌĂů ŬŶŽǁůĞĚŐĞ ĂďŽƵƚ ƌĞůŝŐŝŽƵƐ ŚŝƐƚŽƌLJ͕ ĂŵŽŶŐƐƚ ƚŚĞ ŵĂƐƐĞƐ͕ ǁĂƐ ĂƐƚŽŶŝƐŚŝŶŐůLJ ǀĞƌLJ ƉŽŽƌ͘ dŚĞƌĞ ǁĞƌĞ ǀĞƌLJ ĨĞǁ ŬŶŽǁŶ ƐŽƵƌĐĞ ƚŽ ŬŶŽǁ ĂďŽƵƚ ƚŚĞ ƚƌƵĞ ŚŝƐƚŽƌLJ͘ / ĂůǁĂLJƐ ĨĞůƚ ƚŚĂƚ ƚŚĞ ǁŽƌĚƐ ͚ ŽŵŵƵŶŝƚLJ͛ ĂŶĚ ͚^ŽĐŝĞƚLJ͛ ǁĞƌĞ ŽŶĞ ĂŶĚ ƚŚĞ ƐĂŵĞ ĂŶĚ ƵƐĞĚ ŝŶƚĞƌĐŚĂŶŐĞĂďůLJ͘ KŶ ƚŚĞ ŽƚŚĞƌ ŚĂŶĚ / ƵƐĞĚ ƚŽ ŚĞĂƌ ĂďŽƵƚ ^ĂŶĂƚĂŶ ^ĂŵĂũ ĂŶĚ ^ĂƚƉĂŶƚŚ ^ĂŵĂũ ;ďŽƚŚ ƐĞƉĂƌĂƚĞ ƐŽĐŝĞƚŝĞƐͿ ǁŝƚŚŝŶ ŽƵƌ ĐŽŵŵƵŶŝƚLJ͘ Ƶƚ / ŶĞǀĞƌ ďŽƚŚĞƌĞĚ ƚŽ ƉƵƚ ĞŶŽƵŐŚ ĞĨĨŽƌƚƐ ƚŽ ƵŶĚĞƌƐƚĂŶĚ ƚŚĞ ŝŶƚƌŝĐĂĐŝĞƐ ŽĨ ƚŚĞ ǁŽƌĚƐ ͚ ŽŵŵƵŶŝƚLJ͛ ĂŶĚ ͚^ŽĐŝĞƚLJ͛͘ KŶ ƚŚĞ ŽƚŚĞƌ ŚĂŶĚ͕ / ƐƚĂƌƚĞĚ ŶŽƚŝĐŝŶŐ ƚŚĞ ĐƌŝĞƐ ŝŶ ŽƵƌ ƐŽĐŝĞƚLJ ĂďŽƵƚ ƚŚĞ ƐLJƐƚĞŵĂƚŝĐ ĂƚƌŽĐŝƚŝĞƐ ĐĂƵƐĞĚ ďLJ ƉĞŽƉůĞ ĨƌŽŵ ^ĂƚƉĂŶƚŚ ^ĂŵĂũ͘ >ŝƚĞƌĂůůLJ ĞǀĞƌLJ ǀŝůůĂŐĞ͕ ŝŶ <ĂĐŚĐŚŚ͕ ǁĂƐ ǀŝĐƚŝŵ ŽĨ ƚŚĞ ǀĞƌLJ ƐLJƐƚĞŵĂƚŝĐ ĂƚƌŽĐŝƚŝĞƐ ;ƉůĂŶŶĞĚ ŝŶ Ă ǁĂLJ ƚŚĂƚ ƚŚĞ ǀŝĐƚŝŵ ŐĞƚƐ ĞŶƚĂŶŐůĞĚ ŝŶ ĨĂůƐĞ ƉŽůŝĐĞ ĂŶĚ ĐŽƵƌƚ ĐĂƐĞƐͿ ĐĂƵƐĞĚ ǁŝƚŚ ƚŚĞ Ăŝŵ ƚŽ ĐƌĞĂƚĞ ĂŶ ĞŶǀŝƌŽŶŵĞŶƚ ŽĨ ĨĞĂƌ ĂŵŽŶŐƐƚ ƚŚĞ ƉĞŽƉůĞ ǁŚŽ ǁŽƌŬ ĂŶĚ ƐƉĞĂŬ ĨŽƌ ƚŚĞ ŝŶƚĞƌĞƐƚƐ ŽĨ ƚŚĞ ^ĂŶĂƚĂŶ ;,ŝŶĚƵͿ ZĞůŝŐŝŽŶ͘ dŚĞƐĞ ĐƌŝĞƐ ďĞĐĂŵĞ ůŽƵĚĞƌ ĂŶĚ ůŽƵĚĞƌ͘ dŽ ŵLJ ŐƌĞĂƚ ĚŝƐŵĂLJ͕ / ůĞĂƌŶƚ ƚŚĂƚ ŽƵƌ ĐŽŵŵƵŶŝƚLJ ǁĂƐ ŶŽƚ ƵŶŝƚĞĚ ĂŶĚ ŝƚ ŚĂƐ ƚǁŽ ƐŽĐŝĞƚŝĞƐ͕ ƚŚĞ ŽƚŚĞƌ ďĞŝŶŐ ^ĂƚƉĂŶƚŚ ^ĂŵĂũ͕ ĨŽůůŽǁŝŶŐ ƚŚĞ ƌĞůŝŐŝŽŶ ƉƌĞĂĐŚĞĚ ďLJ /ŵĂŵ ^ŚĂŚ ĐĂůůĞĚ ^ĂƚƉĂŶƚŚ͘ KĨͲůĂƚĞ͕ ĚƵƌŝŶŐ ƚŚĞ ĞǀĞ ŽĨ ϱϬƚŚ ĂŶŶŝǀĞƌƐĂƌLJ ŽĨ ƚŚĞ ĐŽŶƐƚŝƚƵƚŝŽŶ ŽĨ ŽƵƌ ^ĂŵĂũ ;ƐŽĐŝĞƚLJͿ͕ ^Śƌŝ ŬŚŝů ŚĂƌĂƚŝLJĂ <ĂĐŚĐŚŚ <ĂĚǀĂ WĂƚŝĚĂƌ ^ĂŵĂũ͕ ;͞ <<W^͟Ϳ ƚŚĞ ŶƵŵďĞƌ ŽĨ ŝŶƐƚĂŶĐĞƐ ŽĨ ĂƚƌŽĐŝƚŝĞƐ ĐĂƵƐĞĚ ďLJ ƉĞŽƉůĞ ĨƌŽŵ ^ĂƚƉĂŶƚŚ ^ĂŵĂũ͕ ŝŶĐƌĞĂƐĞĚ ĚƌĂŵĂƚŝĐĂůůLJ͘ dŚĞ ƉĂŝŶ ĐĂƵƐĞĚ ďLJ ƚŚĞƐĞ ĂƚƌŽĐŝƚŝĞƐ ǁĂƐ ƐŽ ŚŝŐŚ ƚŚĂƚ ŝƚ ƚŽƵĐŚĞĚ ƚŚĞ ŶĞƌǀĞƐ ŽĨ ĐŽŵŵŽŶ ƉĞŽƉůĞ͘ dŚĞ ĨĞĞůŝŶŐƐ ŽĨ ŽƌĚŝŶĂƌLJ ƉĞŽƉůĞ ǁĞƌĞ ŚƵƌƚ͘ dŚĞƌĞ ǁĂƐ ƚƌĞŵĞŶĚŽƵƐ ƵƉƌŽĂƌ ĂŵŽŶŐƐƚ ƚŚĞ ŽƌĚŝŶĂƌLJ ƉĞŽƉůĞ ĂŐĂŝŶƐƚ ^ĂƚƉĂŶƚŚ͘ DLJ ĐƵƌŝŽƐŝƚŝĞƐ ƚŽ ŬŶŽǁ ƌĞůŝŐŝŽƵƐ ŚŝƐƚŽƌLJ ŝŶĐƌĞĂƐĞĚ ĂŶĚ ƚŚƵƐ ůĞĂĚ ŵĞ ƚŽ ĚŽ ƌĞƐĞĂƌĐŚ ŽŶ ^ĂƚƉĂŶƚŚ ƚŽ ƵŶĚĞƌƐƚĂŶĚ ŝƚƐ ďĂƐŝƐ͕ ĨƵŶĚĂŵĞŶƚĂůƐ͕ ƉƌŝŶĐŝƉĂůƐ ĂŶĚ ǀĂůƵĞƐ͘
ZZZ UHDOSDWLGDU FRP 3DJH RI
6DW\D 3UDNDVK 7KH 7UXH /LJKW Y
/ ǁĂƐ ƐŚŽĐŬĞĚ ƚŽ ůĞĂƌŶ ƚŚĂƚ WŝƌĂŶĂ ^ĂƚƉĂŶƚŚ ƵƐĞƐ ƚŚĞ ŵŽƐƚ ĚƌĞĂĚĞĚ ĂŶĚ ĞĨĨĞĐƚŝǀĞ ǁĞĂƉŽŶ ŽĨ /ƐůĂŵ͕ ƚŚĞ dĂƋŝLJĂĂ͕ ƚŽ ĐŽŶĨƵƐĞ͕ ĚŝǀŝĚĞ͕ ĐŽŶĐĞĂů ĂŶĚ ƚŽ ĨŽŽů ƉĞŽƉůĞ ƚŽ ŵĂŬĞ ƚŚĞŵ ďĞůŝĞǀĞ ƚŚĂƚ ^ĂƚƉĂŶƚŚ ŝƐ Ă ,ŝŶĚƵ ƐĞĐƚ͘ ^ĂƚƉĂŶƚŚ ĂůƐŽ ĂĚǀŽĐĂƚĞƐ ƉĂLJŝŶŐ ƚŝƚŚĞ ;͞ ĂƐŽŶĚ͟Ϳ͕ ;ϭϬй ŽĨ ĂŶŶƵĂů ŝŶĐŽŵĞͿ ƚŽ ŝƚƐ ƌĞůŝŐŝŽƵƐ ŚĞĂĚƐ͘ EŽďŽĚLJ ŚĂƐ ƌŝŐŚƚ ƚŽ ƋƵĞƐƚŝŽŶ ƚŚĞ ƵƐĞ ŽĨ ƚŚŝƐ ŵŽŶĞLJ͘ EĂƚƵƌĂůůLJ ŵŽƌĞ ƚŚĞ ŶƵŵďĞƌ ŽĨ ĨŽůůŽǁĞƌƐ͕ ƚŚĞ ŐƌĞĂƚĞƌ ǁŽƵůĚ ďĞ ƚŚĞ ƐŚĂƌĞ ŽĨ ŵŽŶĞLJ ƌĞĐĞŝǀĞĚ ĞĂĐŚ LJĞĂƌ͕ ďLJ ŝƚƐ ůĞĂĚĞƌƐͬƉƌĞĂĐŚĞƌƐ͘ dŚĞ ƵůƚĞƌŝŽƌ ŵŽƚŝǀĞ ĐĂŵĞ ŽƵƚ ǀĞƌLJ ĐůĞĂƌ ĂŶĚ ƚŚĂƚ ǁĂƐ ƚŽ ƐĂǀĞ ŝƚƐ ĚǁŝŶĚůŝŶŐ ŶƵŵďĞƌ ŽĨ ĨŽůůŽǁĞƌƐ ĨƌŽŵ ĚƌŝĨƚŝŶŐ ĂǁĂLJ ĨƌŽŵ WŝƌĂŶĂ ^ĂƚƉĂŶƚŚ͕ ďLJ ďƌŝŶŐŝŶŐ ŝŶ ŶĞǁ ĨŽůůŽǁĞƌƐ ĨƌŽŵ ŽƵƌ ŽŵŵƵŶŝƚLJ͕ ďLJ ĨŽŽůŝŶŐ ƚŚĞŵ ƚŽ ďĞůŝĞǀĞ ƚŚĂƚ ^ĂƚƉĂŶƚŚ ŝƐ Ă ,ŝŶĚƵ ƐĞĐƚ͘ dŚŝƐ ǁŽƵůĚ ŶŽƚ ŽŶůLJ ŐŝǀĞ ƐŽĐŝĂů ƐĞĐƵƌŝƚLJ͕ ďƵƚ ĂůƐŽ ĨŝŶĂŶĐŝĂů ƐĞĐƵƌŝƚLJ͘ dŚĞ ƵƐĞ ŽĨ dĂƋŝLJĂĂ ǁĂƐ ǀĞƌLJ ƐƵĐĐĞƐƐĨƵů ŵĂŝŶůLJ ďĞĐĂƵƐĞ ǀĞƌLJ ůĂƌŐĞ ƉŽƌƚŝŽŶ ŽĨ ŽƵƌ ĐŽŵŵƵŶŝƚLJ ǁĂƐ ŝŐŶŽƌĂŶƚ ĂďŽƵƚ ŝƚƐ ƌĞůŝŐŝŽƵƐ ŚŝƐƚŽƌLJ ĂŶĚ ƌĞŐŝƐƚƌĂƚŝŽŶ ŽĨ ŶĞǁ ;ĨŽƌŵĂůͿ ^ĂŵĂũ ĐĂůůĞĚ ŬŚŝů ŚĂƌĂƚŝLJĂ <ĂĐŚĐŚŚ <ĂĚǀĂ WĂƚŝĚĂƌ ^ĂŵĂũ͕ ŝŶ ϭϵϲϬ͕ ďLJ ƚŚĞ ƉĞŽƉůĞ ǁŚŽ ƋƵŝƚ ^ĂƚƉĂŶƚŚ ĂŶĚ ĞŵďƌĂĐĞĚ ^ĂŶĂƚĂŶ ŚĂƌŵ͘ ƉŽŝŶƚ ǁŽƌƚŚ ŶŽƚŝŶŐ ŚĞƌĞ ŝƐ ƚŚĂƚ ĂƌĞ ĞŶŽƵŐŚ ĚŽĐƵŵĞŶƚƐ ƐƵŐŐĞƐƚŝŶŐ ƚŚĂƚ ŝŶĨŽƌŵĂů ^ĂŵĂũ ǁĂƐ ĂůƌĞĂĚLJ ŝŶ ĞdžŝƐƚĞŶĐĞ ǁĂLJ ďĂĐŬ ĚƵƌŝŶŐ ůĂƚĞ ϭϵϯϬƐ ĂŶĚ ĞĂƌůLJ ϭϵϰϬƐ͕ ǁŚŝĐŚ ǁĂƐ ůĂƚĞƌ ŽŶ ŐŝǀĞŶ Ă ůĞŐĂů ĨŽƌŵĂƚ͕ ŝŶ ϭϵϲϬ͘ dŚŝƐ ŝƐ ƚŚĞ ƉŽŝŶƚ͕ ǁŚĞƌĞ ƐĞǀĞƌĂů ůŝŬĞŵŝŶĚĞĚ ƉĞŽƉůĞ͕ ǁŚŽƐĞ ŚĞĂƌƚƐ ďƵƌŶƚ ĨŽƌ ƚŚĞ ĐĂƵƐĞ ĂŶĚ ŝŶƚĞƌĞƐƚ ŽĨ ^ĂŶĂƚĂŶ ;,ŝŶĚƵͿ ƌĞůŝŐŝŽŶ͕ ĐĂŵĞ ƚŽŐĞƚŚĞƌ ĂŶĚ ƐƚĂƌƚĞĚ ƌĂŝƐŝŶŐ ǀŽŝĐĞƐ͕ ĂƐ Ă ũŽŝŶƚ ĞĨĨŽƌƚ͕ ĂŐĂŝŶƐƚ ƚŚĞ ĂƚƌŽĐŝƚŝĞƐ ĐĂƵƐĞĚ ďLJ ^ĂƚƉĂŶƚŚŝƐ͘ ƚƌŽĐŝƚŝĞƐ ǁĞƌĞ ƉĂƌƚ ŽĨ dĂƋŝLJĂĂ ĞdžĞƌĐŝƐĞĚ͕ ƐŽ ƚŚĂƚ ƉĞŽƉůĞ ĚŽ ŶŽƚ ƌĂŝƐĞ ƋƵĞƐƚŝŽŶƐ ĂďŽƵƚ ŝƚƐ /ƐůĂŵŝĐ ĐŽŶŶĞĐƚŝŽŶ͘ / ƉĞƌƐŽŶĂůůLJ ǁĂƐ ĚĞĞƉůLJ ĚŝƐƚƵƌďĞĚ ƵƉŽŶ ůĞĂƌŶŝŶŐ ƚŚĞ ŵŽĚƵƐ ŽƉĞƌĂŶĚŝ ĂŶĚ ŽďũĞĐƚŝǀĞ ŽĨ ƚŚĞ ƉĞŽƉůĞ ďĞŚŝŶĚ ƚŚĞƐĞ ĂƚƌŽĐŝƚŝĞƐ͘ dŚĞƐĞ ĂƌĞ ƚŚĞ ƉĞŽƉůĞ ǁŚŽ ĂƌĞ ƐŽůĞůLJ ƌĞƐƉŽŶƐŝďůĞ ƚŽ ĚŝƐƚƵƌď ƚŚĞ ƉĞĂĐĞ ĂŶĚ ŚĂƌŵŽŶLJ ŽĨ ŽƵƌ ^ĂŵĂũ͘ tŝƚŚŝŶ ŽƵƌ ^ĂŵĂũ͕ ƐƵƉƉŽƌƚŝŶŐ ƚŚĞ ĐĂƵƐĞ ŽĨ ^ĂŶĂƚĂŶ ƌĞůŝŐŝŽŶ ŵĞĂŶƚ ǁŽƌŬŝŶŐ ĂŐĂŝŶƐƚ ƚŚĞ ŝŶƚĞƌĞƐƚ ŽĨ ^ĂƚƉĂŶƚŚŝƐ͘ dŚĂƚ ŵĞĂŶƐ ŝŶǀŝƚŝŶŐ ƚƌŽƵďůĞ ĨƌŽŵ ƉĞŽƉůĞ ŽĨ ^ĂƚƉĂŶƚŚ ^ĂŵĂũ͘ / ǁĂƐ ƚĂŬĞŶ ĂďĂĐŬ ďLJ ƚŚŝƐ ŚĂƌĚ ƌĞĂůŝƚLJ ĂŶĚ ĨĞůƚ ůŝŬĞ ƐŚLJŝŶŐ ĂǁĂLJ ďLJ ĨŝŶĚŝŶŐ ƐŽŵĞ ŐŽŽĚ ĞdžĐƵƐĞ ůŝŬĞ ůĂĐŬ ŽĨ ƚŝŵĞ͕ ƐŽŵĞďŽĚLJ ĞůƐĞ ǁŽƵůĚ ĚŽ͕ ǁŚLJ ŵĞ͙ ĞƚĐ͘ Ƶƚ͕ / ĂůǁĂLJƐ ŚĂĚ Ă ďƵƌŶŝŶŐ ĚĞƐŝƌĞ ƚŽ ĚŽ ƐŽŵĞƚŚŝŶŐ ĨŽƌ ƚŚĞ ŝŶƚĞƌĞƐƚƐ ŽĨ ŽƌĚŝŶĂƌLJ ƉĞŽƉůĞ͘ &Žƌ ĚĂLJƐ ƚŽŐĞƚŚĞƌ͕ ŵLJ ƚŚŽƵŐŚƚƐ ŶĞǀĞƌ ĂůůŽǁĞĚ ŵĞ ƌĞƐƚ ŝŶ ƉĞĂĐĞ͘ dĂŬŝŶŐ ĐůƵĞ ĨƌŽŵ ƚŚĞ ďĂĚ ĞdžƉĞƌŝĞŶĐĞƐ ŽĨ ŽƚŚĞƌ ^ĂŶĂƚĂŶ ŚĂƌŵ ǁŽƌŬĞƌƐ͕ / ǁĂŶƚĞĚ ƚŽ ƐŚŝĞůĚ ŵLJƐĞůĨ ĨƌŽŵ ƚŚĞ ƐLJƐƚĞŵĂƚŝĐ ĂƚƌŽĐŝƚŝĞƐ ĐĂƵƐĞĚ ďLJ ƵƐĞ ŽĨ ĨĂůƐĞ ƉŽůŝĐĞ ĂŶĚ ĐŽƵƌƚ ĐĂƐĞƐ͘ ůƐŽ͕ ďĞŝŶŐ ĂŶ ŽƌĚŝŶĂƌLJ ƉĞƌƐŽŶ ŽĨ ƚŚĞ ^ĂŵĂũ ĂŶĚ ŚĂǀŝŶŐ ŶŽ ďĂĐŬŝŶŐ ŽĨ ůĞĂĚĞƌƐ ŽĨ <<W^͕ / ĨĞůƚ ŝƚ ǁŽƵůĚ ďĞ ƵƚƚĞƌ ĨŽŽůŝƐŚ ĂŶĚ ƐƵŝĐŝĚĂů ƚŽ ĐŽŵĞ ŽƵƚ ŽƉĞŶůLJ ŝŶ ƐƵƉƉŽƌƚ ŽĨ ^ĂŶĂƚĂŶ ƌĞůŝŐŝŽŶ͘ ŵŽŶŐƐƚ ƚŚĞƐĞ ĐŝƌĐƵŵƐƚĂŶĐĞƐ͕ / ĨŽƵŶĚ ĂŶ ŝĚĞĂ ƚŚĂƚ ǁĂƐ ŵŽƐƚ ƐƵŝƚĂďůĞ ĨŽƌ ŵĞ͘ / ĨĞůƚ ƚŚĂƚ ƚŚĞƌĞ ǁĂƐ ĂŶ ŽƉƉŽƌƚƵŶŝƚLJ͕ ǁŚĞƌĞďLJ / ĐŽƵůĚ ǁŽƌŬ ĨŽƌ ƚŚĞ ŝŶƚĞƌĞƐƚƐ ŽĨ
ZZZ UHDOSDWLGDU FRP 3DJH RI
6DW\D 3UDNDVK 7KH 7UXH /LJKW Y
^ĂŶĂƚĂŶ ŚĂƌŵ ĂŶĚ Ăƚ ƚŚĞ ƐĂŵĞ ƚŝŵĞ ŶĞĞĚ ŶŽƚ ƌĞǀĞĂů ŵLJ ƚƌƵĞ ŝĚĞŶƚŝƚLJ͘ dŚĞ ŝĚĞĂ ǁĂƐ ƚŽ ƵƐĞ ƚŚĞ ŝŶƚĞƌŶĞƚ ƚŽ ƚŚĞ ďĞƐƚ ƉŽƐƐŝďůĞ ĞdžƚĞŶƚ͘ / ĐƌĞĂƚĞĚ ĂŶ ŽŶůŝŶĞ ŝĚĞŶƚŝƚLJ ƵƐŝŶŐ ƉĞŶ ŶĂŵĞ ĐĂůůĞĚ ͞ZĞĂů WĂƚŝĚĂƌ͟ ĂŶĚ ƐƚĂƌƚĞĚ ĞĚƵĐĂƚŝŶŐ ƉĞŽƉůĞ ŽĨ ŽƵƌ ^ĂŵĂũ ĂďŽƵƚ ƚŚĞ ƚƌƵĞ ĨĂĐƚƐ ĂŶĚ ŝƚƐ ŚŝƐƚŽƌLJ͕ ďLJ ǁĂLJ ŽĨ ƐĞŶĚŝŶŐ ĞŵĂŝůƐ͘ DLJ ŝŶŝƚŝĂů ĞŵĂŝů ŝĚ ǁĂƐ ƌĞĂůƉĂƚŝĚĂƌΛŐŵĂŝů͘ĐŽŵ͕ ďƵƚ ůĂƚĞƌ ŽŶ ĂƐ ƚŚĞ ůŽĂĚ ŽĨ ĞŵĂŝůƐ ŝŶĐƌĞĂƐĞĚ͕ / ƐǁŝƚĐŚĞĚ ƚŽ ŵĂŝůΛƌĞĂůƉĂƚŝĚĂƌ͘ĐŽŵ͘ dŚŝƐ ƚƵƌŶĞĚ ŽƵƚ ƚŽ ďĞ ŵŽƐƚ ŝĚĞĂů ĂŶĚ ƐƵŝƚĂďůĞ ƐŽůƵƚŝŽŶ ĂƐ / ĐŽƵůĚ Ɛŝƚ ĨƌŽŵ ŵLJ ŚŽŵĞ͕ ǁŽƌŬ ǀŽůƵŶƚĂƌŝůLJ͕ ĂŶĚ ŬĞĞƉ ƚŚĞ ŵĞŵďĞƌƐ ŽĨ ŽƵƌ ^ĂŵĂũ͕ ƵƉĚĂƚĞĚ ĂŶĚ ĞĚƵĐĂƚĞĚ͕ ĂďŽƵƚ ƚŚĞ ŚĂƉƉĞŶŝŶŐƐ ĂŶĚ ŚŝƐƚŽƌLJ ŽĨ ŽƵƌ ^ĂŵĂũ ĂŶĚ ŝƚƐ ƌĞůŝŐŝŽŶ͘ dŽLJŝŶŐ ǁŝƚŚ ƚŚĞ ŝĚĞĂ͕ / ƐƚĂƌƚĞĚ ƐĞŶĚŝŶŐ ĞĚƵĐĂƚŝǀĞ ĞŵĂŝůƐ ĂŶĚ ŝŶ ƉƌŽĐĞƐƐ ƐƚĂƌƚĞĚ ƌĞƐĞĂƌĐŚŝŶŐ ŽŶ ƚŚĞ ĐŽŵŵƵŶŝƚLJ͛Ɛ ƌĞůŝŐŝŽŶ ĂŶĚ ŝƚƐ ŚŝƐƚŽƌLJ͘ dŚĞ ŽƵƚĐŽŵĞ ŽĨ ŵLJ ƌĞƐĞĂƌĐŚ ǁŽƌŬ ĨŽƌŵĞĚ ƚŚĞ ĞŵĂŝůƐ ŐŝǀŝŶŐ ĨƵůů ƉĂƌƚŝĐƵůĂƌƐ ŽĨ ŝŶĨŽƌŵĂƚŝŽŶ ĂŶĚ ŝƚƐ ďĂƐŝƐ͘ ^ůŽǁůLJ ŵLJ ǁŽƌŬ ŐŽƚ ŶŽƚŝĐĞĚ ĂŶĚ ĂůƐŽ ĂƉƉƌĞĐŝĂƚĞĚ͘ DĂŶLJ ƉĞŽƉůĞ ƐƚĂƌƚĞĚ ƐƵƉƉŽƌƚŝŶŐ ĂŶĚ ũŽŝŶŝŶŐ ŵĞ͘ >ĂƚĞƌ / ĐƌĞĂƚĞĚ Ă ŐƌŽƵƉ ;ƌĞĂůƉĂƚŝĚĂƌΛŐŽŽŐůĞŐƌŽƵƉƐ͘ĐŽŵͿ ŽŶ ŝŶƚĞƌŶĞƚ ǁŚĞƌĞ ŽƌĚŝŶĂƌLJ ƉĞŽƉůĞ ĐŽƵůĚ ĂůƐŽ ĐŽŶƚƌŝďƵƚĞ͘ dŚĞ ŵĂŐŶŝƚƵĚĞ ŽĨ ƉƵďůŝĐ ƉĂƌƚŝĐŝƉĂƚŝŽŶ ǁĞŶƚ ƵƉ ƐŽ ŚŝŐŚ ƚŚĂƚ ŝƚ ďĞĐĂŵĞ Ă ƉĞŽƉůĞ͛Ɛ ŵŽǀĞŵĞŶƚ͘ / ĐĂůů ƚŚŝƐ ŵŽǀĞŵĞŶƚ ĂƐ ͞ZĞĂů WĂƚŝĚĂƌ DŽǀĞŵĞŶƚ͘͟ dŽĚĂLJ ƚŚŽƵƐĂŶĚƐ ŽĨ ƉĞŽƉůĞ ĞĂŐĞƌůLJ ǁĂŝƚ ĨŽƌ ƚŚĞ ĞŵĂŝůƐ ĨƌŽŵ ZĞĂů WĂƚŝĚĂƌ ĂŶĚ ŝƚƐ ŽŶůŝŶĞ ŐƌŽƵƉ͘ &ƌŽŵ ƚŚĞ ƉĞŽƉůĞ͛Ɛ ƌĞƐƉŽŶƐĞ ƚŽ ƚŚĞ ĞŵĂŝůƐ͕ ƚǁŽ ƚŚŝŶŐƐ ďĞĐĂŵĞ ĂƉƉĂƌĞŶƚ͘ &ŝƌƐƚůLJ͕ ƚŚĂƚ ƚŚŽƵŐŚ ƉĞŽƉůĞ ŽĨ ŽƵƌ ^ĂŵĂũ ǁĞƌĞ ĂǁĂƌĞ ƚŚĂƚ ^ĂƚƉĂŶƚŚ ǁĂƐ Ă DƵƐůŝŵ ƌĞůŝŐŝŽŶ͕ ƚŚĞLJ ǁĞƌĞ ŝŐŶŽƌĂŶƚ ĂďŽƵƚ ŝƚƐ ƌŽŽƚƐ͕ ŚŽǁ ǁĞƌĞ ƚŚĞ ƉĞŽƉůĞ ŽĨ ŽƵƌ ĐŽŵŵƵŶŝƚLJ ĚĞĐĞŝǀĞĚ ĞƚĐ͘ ^ĞĐŽŶĚůLJ͕ ŽŶ ŽĐĐĂƐŝŽŶƐ ǁŚĞŶ ƚŚĞƌĞ ǁĂƐ ŶĞĞĚ ƚŽ ĞdžƉůĂŝŶ ƚŽ ƚŚĞ ƉĞŽƉůĞ ŽƵƚƐŝĚĞ ŽƵƌ ĐŽŵŵƵŶŝƚLJ ĂďŽƵƚ ƚŚĞ ĨĂĐƚƐ ŽĨ ^ĂƚƉĂŶƚŚ͕ ƚŚĞƌĞ ǁĂƐ ŶŽ ƐŝŶŐůĞ ďŽŽŬ ǁŚŝĐŚ ƉƌĞƐĞŶƚĞĚ ŝŶ Ă ƐLJƐƚĞŵĂƚŝĐ ǁĂLJ ǁŝƚŚ ƐŽůŝĚ ĚŽĐƵŵĞŶƚĂƌLJ ƉƌŽŽĨƐ͘ ,ĞŶĐĞ ƐŽŵĞ ĚĂLJƐ ďĂĐŬ ŽŶ ϮϬͲ ƉƌͲϮϬϭϭ͕ / ĐƌĞĂƚĞĚ Ă ƉƌĞƐĞŶƚĂƚŝŽŶ ;ǁŚŝĐŚ ĐŽƵůĚ ďĞ ƌƵŶ ŽŶ Ă ĐŽŵƉƵƚĞƌ Žƌ ŝŶ Ă ǀŝĚĞŽ ƉůĂLJĞƌͿ͘ dŚĞ ƌĞƐƉŽŶƐĞ ƚŽ ƚŚĞ ƉƌĞƐĞŶƚĂƚŝŽŶ ǁĂƐ ŽǀĞƌǁŚĞůŵŝŶŐ ĂŶĚ ďĞLJŽŶĚ Ăůů ĞdžƉĞĐƚĂƚŝŽŶƐ͘ dŚĞ ƌĞƐƉŽŶƐĞ ǁĂƐ ƐŽ ŐŽŽĚ ƚŚĂƚ ƉĞŽƉůĞ ƐƚĂƌƚĞĚ ĚĞŵĂŶĚŝŶŐ Ă ƉƌĞƐĞŶƚĂƚŝŽŶ ŝŶ à Ŭ ĨŽƌŵĂƚ͘ ,ĞŶĐĞ / ŚĂǀĞ ĐƌĞĂƚĞĚ Ă ďŽŽŬ ǁŚŝĐŚ ĐŽŶƚĂŝŶƐ ƚŚĞ ƐůŝĚĞƐ ŽĨ ƚŚĞ ƉƌĞƐĞŶƚĂƚŝŽŶ ĂŶĚ Ăŵ ƉƌĞƐĞŶƚŝŶŐ ŝƚ ďĞĨŽƌĞ LJŽƵ͘
/ ƐŝŶĐĞƌĞůLJ ƚŚĂŶŬ Ăůů ƉĞŽƉůĞ ;ǁŝƚŚŽƵƚ ŶĂŵŝŶŐ ĂŶLJďŽĚLJͿ ĨŽƌ ƉĂƌƚŝĐŝƉĂƚŝŶŐ ŝŶ ƚŚĞ ŽŶůŝŶĞ ŐƌŽƵƉ͕ ŐŝǀŝŶŐ ƐƵŐŐĞƐƚŝŽŶƐ͕ ĨŽƌǁĂƌĚŝŶŐ ƌĞƐĞĂƌĐŚ ŵĂƚĞƌŝĂů ĂŶĚ ƐƵƉƉŽƌƚŝŶŐ ƚŚŝƐ ŶŽďůĞ ĐĂƵƐĞ ĨŽƌ ƚŚĞ ďĞŶĞĨŝƚ ŽĨ ƚŚĞ ŽƌĚŝŶĂƌLJ ƉĞŽƉůĞ ŽĨ ŽƵƌ ^ĂŵĂũ͘ tŝƚŚŽƵƚ ƚŚĞ ŚĞůƉ ĂŶĚ ƐƵƉƉŽƌƚ ŽĨ ƉĞŽƉůĞ ĨƌŽŵ ƚŚĞ ŐƌŽƵŶĚ͕ ƚŚŝƐ ŵŽǀĞŵĞŶƚ ǁŽƵůĚ ŶŽƚ ŚĂǀĞ ďĞĞŶ ƐŽ ƐƵĐĐĞƐƐĨƵů ĂŶĚ ǁŽƵůĚ ŶŽƚ ŚĂǀĞ ďĞĞŶ ĞůŝŐŝďůĞ ƚŽ ďĞ ĐĂůůĞĚ Ă ͞ZĞĂů WĂƚŝĚĂƌ DŽǀĞŵĞŶƚ͘͟ / Ăŵ ƉĞƌƐŽŶĂůůLJ ĞdžƚƌĞŵĞůLJ ŚĂƉƉLJ ƚŚĂƚ ŵLJ ůŽŶŐ ĂŶĚ ŚĂƌĚ ĞĨĨŽƌƚƐ ŚĂǀĞ ďĞĞŶ ĨƌƵŝƚĨƵů ŝŶ ŐƵŝĚŝŶŐ͕ ŝŶƐƉŝƌŝŶŐ ĂŶĚ ŝŶƐƚƌƵŵĞŶƚŝŶŐ ďLJ ƚŚĞ ƉĞŽƉůĞ ĂŶĚ ƚŚĞ ůĞĂĚĞƌƐ ŽĨ
ZZZ UHDOSDWLGDU FRP 3DJH RI
6DW\D 3UDNDVK 7KH 7UXH /LJKW Y
ƚŚĞ ^ĂŵĂũ ƚŽ ƚĂŬĞ ƚŚĞ ƐƚĞƉƐ ŝŶ ƌŝŐŚƚ ĚŝƌĞĐƚŝŽŶ͘ ůƐŽ / Ăŵ ĞƋƵĂůůLJ ŚĂƉƉLJ ƚŽ ŶŽƚĞ ƚŚĂƚ / ŚĂǀĞ ďĞĞŶ ƐƵĐĐĞƐƐĨƵůůLJ ĂďůĞ ƚŽ ŵĂŬĞ ƵƐĞ ŽĨ ůĂƚĞƐƚ ƚĞĐŚŶŽůŽŐLJ͕ ƚŚĞ ŝŶĨŽƌŵĂƚŝŽŶ ƚĞĐŚŶŽůŽŐLJ͕ ĨŽƌ ƚŚĞ ďĞŶĞĨŝƚ ŽĨ ƚŚĞ ŽƌĚŝŶĂƌLJ ƉĞŽƉůĞ ŽĨ ŽƵƌ ^ĂŵĂũ͘ DĂŶLJ ƉĞŽƉůĞ ǁŚŽ ǁĞƌĞ ĐŽŵƉůĞƚĞůLJ ĐŽŵƉƵƚĞƌ ŝůůŝƚĞƌĂƚĞ͕ ƐƚĂƌƚĞĚ ĨŽůůŽǁŝŶŐ ƚŚĞ ĞŵĂŝůƐ͘ ^ŽŵĞ ŽĨ ƚŚĞŵ ĂĐƚƵĂůůLJ ůĞĂƌŶƚ ĂŶĚ ƐƚĂƌƚĞĚ ƐĞŶĚŝŶŐ ĞŵĂŝůƐ͘ DĂŶLJ ƐƵĐŚ ďĞŶĞĨŝƚƐ ǁŝůů ĐŽŵĞ ƚŽ ůŝŐŚƚ ŝŶ ĚƵĞ ĐŽƵƌƐĞ͘ ^ƵƌĞůLJ͕ ƚŚĞ ďĞŶĞĨŝƚ ŽĨ ƚŚŝƐ ŵŽǀĞŵĞŶƚ ŝƐ ŵƵůƚŝĨŽůĚ͕ ǁŝƚŚ Ă ŚƵŐĞ ƉŽƚĞŶƚŝĂů ĂŚĞĂĚ͘ / Ăŵ ĐŽŶĨŝĚĞŶƚ ŽĨ ŐĞƚƚŝŶŐ ŵŽƌĞ ĂŶĚ ŵŽƌĞ ƐƵƉƉŽƌƚ ĂŶĚ ĞŶĐŽƵƌĂŐĞŵĞŶƚ ĨŽƌ ƚŚŝƐ ŶŽďůĞ ĐĂƵƐĞ͘ ƋƵĂůůLJ / Ăŵ ĐŽŶĨŝĚĞŶƚ ƚŚĂƚ ŵĂŶLJ ŵŽƌĞ ƉĞŽƉůĞ ǁŝůů ũŽŝŶ ƚŚĞ ŵŽǀĞŵĞŶƚ ĂŶĚ ƌĞĂƉ ŝƚƐ ďĞŶĞĨŝƚƐ͘ ŽŶĐůƵĚŝŶŐ͕ ǁĞ ƐŚŽƵůĚ ŶŽƚ ĨŽƌŐĞƚ ƚŚĂƚ͙͘ ƚŚĞ ƐƚƌƵŐŐůĞ ŝƐ ŶŽƚ ŽǀĞƌ͘ dŚĞ ƐƚƌƵŐŐůĞ ŝƐ KE ĂŶĚ ŝƚ͛Ɛ Ă ůŽŶŐ ǁĂLJ ĂŚĞĂĚ͘
ͮͮ :ĂLJ ^ĂŶĂƚĂŶ ŚĂƌŵ ͮͮ
ͮͮ :ĂLJ >ĂdžŵŝŶĂƌĂLJĂŶ ŚĂŐǁĂŶ
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6DW\D 3UDNDVK 7KH 7UXH /LJKW Y
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ůĂƵƐĞ ϭϴ ;ŽĨ ŽƵƌ ĐŽŵŵƵŶŝƚLJ͛Ɛ ƌƵůĞƐͿ ƉĞƌƚĂŝŶŝŶŐ ƚŽ ƌŝƚƵĂůƐ ĂŶĚ ĐƵƐƚŽŵƐ͙ ŵĞŶƚŝŽŶƐ ƚŚĂƚ ǁĞ ĂƌĞ ,ŝŶĚƵƐ͘ tĞ ƐŚŽƵůĚ ĨŽůůŽǁ ,ŝŶĚƵ ƌŝƚƵĂůƐ ĂŶĚ ĐƵƐƚŽŵƐ͘ KƵƌ ŽƵƚǁĂƌĚůLJ ĐŽŶĚƵĐƚ ƐŚŽƵůĚ ďĞ ŽĨ ůŝŬĞͲ,ŝŶĚƵƐ͘ ŽŶƐĞƋƵĞŶĐĞƐ ŽĨ ŶŽƚ ĨŽůůŽǁŝŶŐ ƚŚĞ ƌƵůĞƐ ŚĂǀĞ ďĞĞŶ ƌĞĂĚ ŽƵƚ ďLJ ZĂŵĞƐŚďŚĂŝ͘ / ƌĞŐƌĞƚ ƚŽ ƐĂLJ ƚŚĂƚ ŝĨ ƚŚĞ ŚĞĂĚ ŽĨ ƚŚĞ ĐŽŶƐƚŝƚƵƚŝŽŶ ŽĨ ŽƵƌ ^ĂŵĂũ͕ ƚŚĞ WƌĞƐŝĚĞŶƚ ĂŶĚ ŚŝƐ ĂƐƐŽĐŝĂƚĞƐ͕ ƚŚĞŵƐĞůǀĞƐ ǀŝŽůĂƚĞ ƚŚĞ ƌƵůĞƐ͕ ƚŚĞŶ ǁŚŽ ĞůƐĞ ǁŽƵůĚ ĨŽůůŽǁ ƚŚĞŵ͍ >Ğƚ ŵĞ ĞdžƉůĂŝŶ ƚŽ LJŽƵ ŚŽǁ ƚŚĞ ƌƵůĞƐ ŚĂǀĞ ďĞĞŶ ǀŝŽůĂƚĞĚ͘ ůĂƵƐĞ ϭϴ ĐůĞĂƌůLJ ƌĞƋƵŝƌĞƐ ƵƐ ƚŽ ĨŽůůŽǁ ,ŝŶĚƵ ƌŝƚƵĂůƐ ĂŶĚ ĐƵƐƚŽŵƐ͘ ^ĂƚƉĂŶƚŚ ĐůĞĂƌůLJ ŝƐ Ă ƉĂƌƚ ŽĨ /ƐŵĂŝůŝ ƌĞůŝŐŝŽŶ͘ /ƚ ŝƐ ŶŽƚ ƐĞƉĂƌĂƚĞ ĨƌŽŵ /ƐůĂŵŝůŝ ƌĞůŝŐŝŽŶ͘ /ƚ ŝƐ ŵĞŶƚŝŽŶĞĚ ĐůĞĂƌůLJ ĂŶĚ ƚŚĞ ŵĞĂŶŝŶŐ ŝƐ ĂůƐŽ ǀĞƌLJ ĐůĞĂƌ͘ / ŚĂǀĞ ŐŽƚ Ăůů ƚŚĞ ƉƌŽŽĨƐ͘ EĂƌĂLJĂŶ ĂƉĂ ;EĂƌĂLJĂŶũŝ ZĂŵũŝ >ŝŵďĂŶŝͬ ŽŶƚƌĂĐƚŽƌͿ ŚĂĚ ŽƉƉŽƐĞĚ ƚŚŝƐ ^ĂƚƉĂŶƚŚ͘ tĞ ůŽŽŬ ƵƉŽŶ EĂƌĂLJĂŶ ĂƉĂ ǁŝƚŚ ŐƌĞĂƚ ƌĞƐƉĞĐƚ ĂŶĚ ǁĞ ǁŽƌƐŚŝƉ Śŝŵ ĨŽƌ ƚŚĂƚ͘ KŶ ƚŚĞ ŽƚŚĞƌ ŚĂŶĚ͙ ǁŚĂƚ EĂƌĂLJĂŶ ĂƉĂ ŚĂĚ ŽƉƉŽƐĞĚ͙ ǀŝnj͕͘ ƚŚĞ DƵƐůŝŵ Wŝƌ͕ ǁŚŽ ǁĂƐ ƌĞƐƉŽŶƐŝďůĞ ĨŽƌ ĐŽŶǀĞƌƚŝŶŐ ŵĂŶLJ ,ŝŶĚƵƐ͘ dŽĚĂLJ ƚĞŵƉůĞƐ ĂƌĞ ďƵŝůƚ ŝŶ ŶĂŵĞ ŽĨ ƐƵĐŚ Wŝƌ ĂŶĚ ĂƌĞ ĞŶĐŽƵƌĂŐĞĚ͘ tŚĂƚ ŬŝŶĚ ŽĨ ĚŽƵďůĞ ƐƚĂŶĚĂƌĚƐ ĂƌĞ ƚŚĞƐĞ͍ dŚĞƌĞ ŝƐ ŶŽďŽĚLJ ƚŽ ƐƉĞĂŬ ĂŐĂŝŶƐƚ ƚŚŝƐ͘ /ŶƐƉŝƚĞ ŽĨ ƵŶĚĞƌƐƚĂŶĚŝŶŐ ĞǀĞƌLJƚŚŝŶŐ͕ ŶŽďŽĚLJ ŝƐ ƐƉĞĂŬŝŶŐ͘ ,Žǁ ŝƐ ƚŚŝƐ ƉŽƐƐŝďůĞ͍ tŝƚŚ ĨŽůĚĞĚ ŚĂŶĚƐ͕ / Ăŵ ĂƐŬŝŶŐ͕ ŚŽǁ ŝƐ ƚŚŝƐ ƉŽƐƐŝďůĞ͍ KŶ ŽŶĞ ƐŝĚĞ LJŽƵ ǁŽƌƐŚŝƉ EĂƌĂLJĂŶũŝ ZĂŵũŝ >ŝŵďĂŶŝ ĂŶĚ ŽŶ ƚŚĞ ŽƚŚĞƌ ƐŝĚĞ ŶĞǁ ƚĞŵƉůĞƐ ĂƌĞ ĐŽŶƐƚƌƵĐƚĞĚ ŝŶ ƚŚĞ ŶĂŵĞ ŽĨ /ŵĂŵ ^ŚĂŚ ǁŚĞƌĞ ƉŚŽƚŽ ŽĨ hŵŝLJĂ DĂƚĂũŝ ;ŽƵƌ <ƵůĚĞǀŝͿ ŝƐ ŬĞƉƚ ĂůŽŶŐƐŝĚĞ͘ tŚĂƚ ĂŶ ŝŶƐƵůƚ͍ >Ğƚ ŵĞ ƌĞĂĚ ŽƵƚ ƚŽ LJŽƵ͙ / ĚŽ ŶŽƚ ŚĂǀĞ ƚŚĂƚ Ŭ ƌŝŐŚƚ ŶŽǁ͖ / ŚĂǀĞ ŶŽƚ ĐĂƌƌŝĞĚ ŝƚ ƚŽĚĂLJ͘ / ŚĂǀĞ ŐŽƚ Ăůů ƚŚĞ ƉƌŽŽĨƐ ǁŝƚŚ ŵĞ͘ /ŵĂŵ ^ŚĂŚ ĂǁĂ ŚĂƐ ǁƌŝƚƚĞŶ ĂďŽƵƚ EĂŬĂůĂŶŬŝ EĂƌĂLJĂŶ ƚŚĂƚ EĂŬĂůĂŶŬŝ EĂƌĂLJĂŶ ŚĂƐ ĂůƌĞĂĚLJ ƚĂŬĞŶ ďŝƌƚŚ LJĞĂƌƐ ďĂĐŬ͘ ,Ğ ŝƐ ŶŽŶĞ ŽƚŚĞƌ ƚŚĂŶ ,ĂnjƌĂƚ DŽŚĂŵŵĂĚ WĂŝŐĂŵďĂƌ͛Ɛ ƐŽŶ ŝŶ ůĂǁ͕ ,ĂnjƌĂƚ ůŝ͘ / ĐĂŶ ƐŚŽǁ LJŽƵ ƚŚĞ ĚŽĐƵŵĞŶƚĂƌLJ ĞǀŝĚĞŶĐĞ͘ KƵƌ ĂĚŚLJĂ ^ŚĂŬƚŝ͙ ^ŚĂŬƚŝ͙ ŝƐ ŶŽŶĞ ŽƚŚĞƌ ƚŚĂŶ ŝďŝ &ĂƚŝŵĂ ;ĂĐĐŽƌĚŝŶŐ ƚŽ /ŵĂŵ ^ŚĂŚͿ͘ ^ŚĂŵĞ ŽŶ ƵƐ͘ Ƶƚ ǁĞ ĚŽ ŶŽƚ ĨĞĞů ĂƐŚĂŵĞĚ͘ /ŶƐƉŝƚĞ ŽĨ ŬŶŽǁŝŶŐ ĞǀĞƌLJƚŚŝŶŐ ǁĞ ĚŽ ŶŽƚ ĨĞĞů ĂƐŚĂŵĞĚ͘ dŚŝƐ ĐĂƵƐĞƐ ĚĞĞƉ ƉĂŝŶ ŝŶ ŵĞ͘ dŚĞƌĞ ŝƐ ŶŽďŽĚLJ ƚŽ ƌĂŝƐĞ ǀŽŝĐĞ͘ ůů ƚŚŝƐ ŝƐ ŐŽŝŶŐ ŽŶ ĨŽƌ ƚŚĞ ƉĂƐƚ ϰϬͲϱϬ LJĞĂƌƐ ŶŽǁ͘ EŽďŽĚLJ ŽďũĞĐƚƐ ĂŶĚ ǁŚĞŶ ƉĞŽƉůĞ ůŝŬĞ ƵƐ ŐĞƚ ĂŶŐƌLJ͙ ǁĞ ĂƌĞ ďĞŝŶŐ ƉĂĐŝĨŝĞĚ ďLJ ŵĞŶƚŝŽŶŝŶŐ ƚŚĂƚ ƚŚŝŶŐƐ ŚĂǀĞ ĐŚĂŶŐĞĚ ŶŽǁ͙ ĚŽ ŶŽƚ ŐĞƚ ĂŶŐƌLJ͙ ŝĨ ǁĞ Śŝƚ Ă ƐƚŝĐŬ ŝŶ ǁĂƚĞƌ͕ ǁĂƚĞƌ ǁŝůů ŶŽƚ ŐĞƚ ƐĞƉĂƌĂƚĞĚ͙ ǁĞ ĂƌĞ Ăůů ŽŶĞ͙ ĂŶ ĂŶLJŽŶĞ ĞdžƉůĂŝŶ ŚŽǁ ĐĂŶ ǁĞ ďĞ ŽŶĞ͍ ,Žǁ ĐĂŶ / ďĞ ŽŶĞ ǁŝƚŚ ƉĞŽƉůĞ ǁŚŽ ĨŽůůŽǁ Ă DƵƐůŝŵ Wŝƌ͍ /
ZZZ UHDOSDWLGDU FRP 3DJH RI
6DW\D 3UDNDVK 7KH 7UXH /LJKW Y
ĐĂŶ ĂĐĐĞƉƚ Ă DƵƐůŝŵ Wŝƌ ŽŶĐĞ͕ ďƵƚ Ă Wŝƌ ǁŚŽ ĚŝĚ ĞǀĞƌLJƚŚŝŶŐ ƚŽ ĐŽŶǀĞƌƚ ŵLJ ĨŽƌĞĨĂƚŚĞƌƐ ŝƐ ŶŽƚ Ăƚ Ăůů ĂĐĐĞƉƚĂďůĞ͘ &ŽƌƚƵŶĂƚĞůLJ͕ ǁĞ ĚŝĚ ŶŽƚ ďĞĐŽŵĞ ĐŽŵƉůĞƚĞůLJ DƵƐůŝŵ͘ tĞ ĐĂŵĞ ďĂĐŬ ŚĂůĨ ǁĂLJ͘ dŽĚĂLJ ǁĞ ǁŽƵůĚ ŚĂǀĞ ďĞĞŶ ĞŶũŽLJŝŶŐ ŝŶ ƚƌƵĞ ƐĞŶƐĞ ;ƐĂƌĐĂƐƚŝĐĂůůLJͿ͙ ŽƵƌ ĨŽƌĞĨĂƚŚĞƌƐ ŚĂǀĞ ƉƵƚ ƵƐ ŝŶ ŐƌĞĂƚ ĚŝĨĨŝĐƵůƚLJ͘ tĞ ǁŽƵůĚ ŚĂǀĞ ďĞĐŽŵĞ DŝLJĂƐ ;DƵƐůŝŵƐͿ ĂŶĚ ǁŽƵůĚ ďĞ ĞŶũŽLJŝŶŐ͘ ,ĞƌĞ <ƵƌĂŶ ǁŽƵůĚ ŚĂǀĞ ďĞĞŶ ƌĞĐŝƚĞĚ͙ ůůĂŚ͙ K ŬďĂƌ͕ ǁĞ ǁŽƵůĚ ŚĂǀĞ ďĞĞŶ ƐŚŽƵƚŝŶŐ ĨƌŽŵ ƚŚĞ ƚŽƉ ŽĨ ŽƵƌ ƚŚƌŽĂƚƐ͘ ^ŚĂŵĞůĞƐƐ ƉĞŽƉůĞ͘ WůĞĂƐĞ ĚŽ ŶŽƚ ůĂƵŐŚ͘ /ƚ ƉĂŝŶƐ Ă ůŽƚ͙ ͞&ĂƌŵĂŶũŝ ŝƐŵŝůůĂŚ ,Ăƌ ZĂŚĞŵĂŶ EĂƌƌĂŚŝŵ ^ĂƚŐŽƌ WĂƚƌĂ ƌĂŚŵĂ /ŶĚƌĂ /ŵĂŵƐŚĂŚ ĂĚŝ sŝƐŚŶƵ EŝƌĂŶũĂŶ EĂƌ ůŝ DŽŚĂŵŵĂĚ ^ŚĂŚ dĂŵĂƌŝ ƵĂ͙ ,ĂŬ >ĂͲĞͲůĂĂŚĂ /ůůͲůĂůĂĂŚŽ DĂŚĂŵŵĂĚƵƌ ZĂƐƵůŝ͚ůĂĂŚĞ͟ ƚŚŝƐ ŝƐ ŚŽǁ ǁĞ ƵƐĞĚ ƚŽ ƉĞƌĨŽƌŵ WŽŽũĂ͘ tĂŚ ,ŝŶĚƵ tĂŚ͘ ǀĞŶ ƚŽĚĂLJ͕ ƐĞĐƌĞƚůLJ ďĞŚŝŶĚ ĐůŽƐĞĚ ĚŽŽƌƐ WŽŽũĂͬtŽƌƐŚŝƉ ŝƐ ƉĞƌĨŽƌŵĞĚ ŝŶ ƚŚŝƐ ǁĂLJ͘ dŚŝƐ ^ĂƚƉĂŶƚŚ ŝƐ Ă ƐĞĐƚ ŽĨ /ƐůĂŵ͘ dŚĞƌĞ ĂƌĞ ƚǁŽ ŵĂŝŶ ďƌĂŶĐŚĞƐ ŽĨ /ƐůĂŵ͕ ^ŚŝĂ ĂŶĚ ^ƵŶŶŝ͘ dŚŝƐ ŝƐ Ă ƐĞĐƚ ŽĨ ^ŚŝĂ ďƌĂŶĐŚ ŽĨ /ƐůĂŵ͘ dŚĞ ƐĞĐƚ ŝƐ ĐĂůůĞĚ EŝnjĂƌŝ͘ ^ĂƚƉĂŶƚŚ ŝƐ ŽŶĞ ŽĨ ƚŚĞ ƐƵďͲƐĞĐƚƐ ŽĨ ƚŚĞ EŝnjĂƌŝ ƐĞĐƚ͘ dŚŝƐ ŝƐ ƚŚĞ ƐĂŵĞ ^ĂƚƉĂŶƚŚ ǁŚŝĐŚ ĐŽŶǀĞƌƚĞĚ >ŽŚĂŶĂƐ ;Ă ƚƌĂĚŝŶŐ ĐŽŵŵƵŶŝƚLJ ŝŶ 'ƵũĂƌĂƚͿ ĂŶĚ ǁĞƌĞ ŵĂĚĞ <ŚŽũĂƐ͕ ƐŝŵŝůĂƌůLJ WĂƚŝĚĂƌƐ ďĞĐĂŵĞ DƵŵŶĂ͘ tĞ ĂƌĞ ĨŽůůŽǁŝŶŐ ƚŚĞ ƐĂŵĞ ^ĂƚƉĂŶƚŚ͘ KƵƌ ŚŝƐƚŽƌLJ ŝƐ ƐŚĂŵĞĨƵů͘ dŚĞƌĞ ŝƐ ŶŽ ƉƌŝĚĞ ŝŶ ŽƵƌ ŚŝƐƚŽƌLJ͘ dŝŵĞ ŚĂƐ ŶŽǁ ĐŽŵĞ ƚŽ ŐŝǀĞ ƉƌŝĚĞ ďLJ ĂĚŽƉƚŝŶŐ ƌĞǀŽůƵƚŝŽŶĂƌLJ ĐŚĂŶŐĞƐ͘ WĂƐƚ ϰϬͲϱϬ LJĞĂƌƐ ŽĨ ƚŚĞ ĞĨĨŽƌƚƐ ŽĨ ŽƵƌ ĞůĚĞƌƐ ŚĂǀĞ ďŽƌŶĞ ĨƌƵŝƚƐ ĂŶĚ ǁĞ ŚĂǀĞ ŝŵƉƌŽǀĞĚ͘ dŽĚĂLJ ǁĞ ĂƌĞ ĚŝƐĐƵƐƐŝŶŐ ĂŶĚ ĚĞďĂƚŝŶŐ ĂďŽƵƚ ZĂŵĂLJĂŶĂ ĂŶĚ DĂŚĂďŚĂƌĂƚĂ͘ ůƐĞ ǁĞ ǁŽƵůĚ ŚĂǀĞ ďĞĞŶ ĚŝƐĐƵƐƐŝŶŐ ĂďŽƵƚ /ƐůĂŵ͘ dŚĂŶŬĨƵůůLJ ǁĞ ĂƌĞ ƐĂǀĞĚ͘ Ƶƚ ǁŚLJ ƐŚŽƵůĚ ǁĞ ŵĂŝŶƚĂŝŶ ƌĞůĂƚŝŽŶƐ ǁŝƚŚ ƉĞŽƉůĞ ǁŚŽ ĨŽůůŽǁ Ă ƌĞůŝŐŝŽŶ ǁŚŝĐŚ ŝƐ ďĂƐĞĚ ƵƉŽŶ Ă ĨĂůƐĞ ĨŽƵŶĚĂƚŝŽŶ͘ dŚĞƌĞ ĐĂŶ ďĞ ĚŝĨĨĞƌĞŶƚ ƐĞĐƚƐ͘ ^ĞĐƚƐ ŵĞĂŶŝŶŐ ƐĞĐƚƐ ǁŝƚŚŝŶ ,ŝŶĚƵ ƌĞůŝŐŝŽŶ͘ Ž ǁĞ ĞǀĞƌ ŚĂǀĞ ĂŶLJ ĨŝŐŚƚƐ ǁŝƚŚ ^ǁĂŵŝŶĂƌĂLJĂŶ ƐĞĐƚ͙ Žƌ ǁŝƚŚ ƌLJĂ ^ĂŵĂũ ƉĞŽƉůĞ͙ ŶĞǀĞƌ͘ tŚLJ ĚŽ ǁĞ ĂůǁĂLJƐ ŚĂǀĞ ĨŝŐŚƚƐ ǁŝƚŚ ^ĂƚƉĂŶƚŚ͍ tŚLJ͍ /Ŷ /ŶĚŝĂ͕ ƚŽĚĂLJ ƚŚĞƌĞ ĂƌĞ ŵĂŶLJ ƐĞĐƚƐ ŝŶ ĞdžŝƐƚĞŶĐĞ͘ Ƶƚ ǁŚĞŶĞǀĞƌ ƚŚĞƌĞ ĂƌĞ ƌŝŽƚƐ͕ ǁŚLJ ŝƐ ŝƚ ƚŚĂƚ ƚŚĞLJ ĂƌĞ ĂůǁĂLJƐ ďĞƚǁĞĞŶ ,ŝŶĚƵƐ ĂŶĚ DƵƐůŝŵƐ͍ tŚLJ ƚŚĞƌĞ ĂƌĞ ŶŽ ƌŝŽƚƐ ďĞƚǁĞĞŶ ,ŝŶĚƵƐ ĂŶĚ WĂƌƐŝƐ͍ dŚŝƐ ƌĞƋƵŝƌĞƐ ĚĞĞƉ ƚŚŝŶŬŝŶŐ͘ dŚĞ ƉƌŽďůĞŵ ŝƐ ǁŝƚŚ ƚŚĞ ͞^ĂŶƐŬĂƌ͟ ;͞sĂůƵĞƐ͟Ϳ͘ dŚĞLJ ĂƌĞ ǁƌŽŶŐ͘ KƵƌ ĐŽŵŵƵŶŝƚLJ ǁĂƐ ůŽƐƚ ĂŶĚ ǁĞ ƌĞĂůŝƐĞĚ ƚŚĂƚ ƚŚĞ ͞^ĂŶƐŬĂƌ͟ ǁĞƌĞ ǁƌŽŶŐ͘ dŚŝƐ ŝƐ ƚŚĞ ƌĞĂƐŽŶ ǁŚLJ EĂƌĂLJĂŶ ĂƉĂ ŚĂĚ ŽƉƉŽƐĞĚ ƚŚŝƐ ƌĞůŝŐŝŽŶ͘ ůƐĞ ƚŚĞƌĞ ǁĂƐ ŶŽ ƉƌŽďůĞŵ ŝŶ ĨŽůůŽǁŝŶŐ ^ĂƚƉĂŶƚŚ͘ tĞ ŚĂĚ ƚŽ ĨŽůůŽǁ ƐŽŵĞ ƌĞůŝŐŝŽŶ͕ ƚŚĞLJ ǁŚLJ ŶŽƚ ^ĂƚƉĂŶƚŚ͘ tŚĂƚ ĚŝĨĨĞƌĞŶĐĞ ŝƚ ŵĂĚĞ ŝĨ ƚŚĞƌĞ ǁĞƌĞ ƐŽŵĞ /ƐůĂŵŝĐ ĞůĞŵĞŶƚƐ͍ Ƶƚ EŽ͕ EĂƌĂLJĂŶ ĂƉĂ ƐƚƌŽŶŐůLJ ŽƉƉŽƐĞĚ ŝƚ͘ DLJ ĨĂƚŚĞƌ ĂůƐŽ ƐƚƌŽŶŐůLJ ŽƉƉŽƐĞĚ ŝƚ͘ dŚŝƐ ǁĂƐ ƚŚĞ ƌĞĂů ƌĞĂƐŽŶ͘ dŚĞ ƉƌŽďůĞŵ ǁĂƐ ǁŝƚŚ /ƐůĂŵŝĐ ŝĚĞŽůŽŐLJ͘ dŚĞ ƌĞĂƐŽŶ ǁŚLJ LJŽƵ ĂƌĞ ƵŶĂďůĞ ƚŽ ůŝǀĞ ĂůŽŶŐ ƚŚĞ ĨŽůůŽǁĞƌƐ
ZZZ UHDOSDWLGDU FRP 3DJH RI
6DW\D 3UDNDVK 7KH 7UXH /LJKW Y
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FDVWH ͼ ÏϵÍ&#x2022; ϮϬÍ&#x2022; ϮϵÍ&#x2022; ϯϰÍ&#x2022; ÏϮϮÍ&#x2022; ÏϯϮÍ&#x2022; ÏϳϰÍ&#x2022; ÏϴϳÍ&#x2022; ϮϬϱÍ&#x2022; ϮϬϲÍ&#x2022; Ï®ÏÏ°Í&#x2022; Ϯϯϯ FDVWHV ͼ ÏϵÍ&#x2022; ϮϬÍ&#x2022; ÏϯϮÍ&#x2022; ϮϬϱÍ&#x2022; Ϯϯϲ FHUWLILFDWHV ͼ ϮϰϬ &KDLUPDQ ͼ ϵϱÍ&#x2022; ÏϯϯÍ&#x2022; ϮϮϳ &KHWDPDQL ͼ Ïϲϰ
ZZZ UHDOSDWLGDU FRP 3DJH RI
6DW\D 3UDNDVK 7KH 7UXH /LJKW Y
&+(7$0$1, ͼ ϴϵ &KLQD ͼ ÏÏ´ &KULVWLDQ ͼ ϯϱ &KULVWLDQLW\ ͼ Ϯϲ &KULVWLDQV ͼ ϯϱ FLUFXPFLVLRQ ͼ ÏÏϱ FODQGHVWLQH ͼ ϮϮÏÍ&#x2022; ϮϰϰÍ&#x2022; Ϯϰϱ FODQGHVWLQHO\ ͼ ÏϮϲÍ&#x2022; ϮϰϰÍ&#x2022; Ϯϱϯ FRPSOHWH VHSDUDWLRQ ͼ Ï®ÏÏ® FRQILGHQFH ͼ ϯϱÍ&#x2022; ÏϱϲÍ&#x2022; ÏϲϳÍ&#x2022; ϮϱϲÍ&#x2022; ϮϲϮÍ&#x2022; Ï®Ï³Ï FRQQHFWLRQ ͼ ϯϵÍ&#x2022; ϰϱÍ&#x2022; ϰϲÍ&#x2022; ϱϵÍ&#x2022; ϵÏÍ&#x2022; Ïϴϳ FRQYHUVLRQ ͼ ÏÏÍ&#x2022; ÏϵÍ&#x2022; ϮϬÍ&#x2022; Ï®ÏÍ&#x2022; ϮϴÍ&#x2022; ϯÏÍ&#x2022; ϰϱÍ&#x2022; ÏϬϯÍ&#x2022; ÏϬϰÍ&#x2022; ÏϮϰÍ&#x2022; ÏϴϳÍ&#x2022; ϮϬϲÍ&#x2022; Ï®ÏϬÍ&#x2022; Ï®Ïϳ &RQYHUVLRQ ͼ ϱÍ&#x2022; ϯϬÍ&#x2022; ϯϰÍ&#x2022; ϯϱ FR RSHUDWLRQ ͼ Ï®ÏϳÍ&#x2022; Ï®ÏÏ´Í&#x2022; ϮϱϬ FRUSVH ͼ Ïϯ FRUURERUDWLQJ ͼ Ïϯϱ FRUUXSW ͼ ϮϳÍ&#x2022; ϮϬϱ &RVPRORJ\ ͼ ϱϬ FRVPRSROLWDQ ͼ ÏϮϰÍ&#x2022; Ϯϯϵ FRXUDJH ͼ ÏϱϬÍ&#x2022; ÏϱϮÍ&#x2022; ϮϱϬ FRXUW ͼ ÏϮϰÍ&#x2022; ÏϮϴÍ&#x2022; ÏϯϲÍ&#x2022; ϮϮϲÍ&#x2022; ϮϮϳÍ&#x2022; ϮϯϬÍ&#x2022; ϮϯϵÍ&#x2022; ϮϰϳÍ&#x2022; ϮϰϴÍ&#x2022; ϮϰϵÍ&#x2022; Ï®Ï³Ï FRZ ͼ ϳϰÍ&#x2022; Ïϲϯ &RZ ͼ ϮϮϵ FXOWXUH ͼ ÏϵÍ&#x2022; ϮϬÍ&#x2022; ϯϰÍ&#x2022; ÏϬϯ FXVWRPV ͼ ϮϬÍ&#x2022; ϯÏÍ&#x2022; ÏϬϯÍ&#x2022; ÏÏÏ®Í&#x2022; ϮϬϯÍ&#x2022; ϮϲϮÍ&#x2022; Ϯϳϴ
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(N 3UDVWDYLN 1LEDQGK ͼ Ïϯϲ (QF\FORSHGLD ͼ ÏÏÏ HQHP\ ͼ ϱÏÍ&#x2022; ÏÏ°ÏÍ&#x2022; ÏϱÏÍ&#x2022; ÏϱϮ HTXDWLRQ ͼ ϰϵ HVWDWH ͼ Ïϯ HWHUQDO ͼ ϯϵÍ&#x2022; ϱϱÍ&#x2022; ÏϬϬÍ&#x2022; Ïϴϯ HWKLFDO ͼ ϯϮ (XURSH ͼ ÏÏ´
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& )DWLPD ͼ ÏϮϰÍ&#x2022; ÏϲϮÍ&#x2022; ϮϲϮ IHDU ͼ ÏϬϰÍ&#x2022; ϮϯϲÍ&#x2022; ϮϰϵÍ&#x2022; ϮϱϳÍ&#x2022; Ï®Ï³Ï IRXQGHU ͼ ϳÍ&#x2022; ÏϬÍ&#x2022; ϯϬÍ&#x2022; ϲϴÍ&#x2022; ÏµÏ IRXQGHUV ͼ ϰϯ )XQGDPHQWDOV ͼ Ï®
' *DUEL ͼ ÏϮϱÍ&#x2022; Ïϲϰ
ZZZ UHDOSDWLGDU FRP 3DJH RI
6DW\D 3UDNDVK 7KH 7UXH /LJKW Y
*D]HWWHHU ͼ ϭϮϵ *D]HWWHHUV ͼ ϭϮϵ *HHWD ͼ ϳϲ͕ ϳϳ͕ ϭϲϭ͕ ϭϳϯ JHQHDORJLFDO ͼ ϮϬϲ JHQHDORJLVWV ͼ ϭϲϱ JHRJUDSKLFDO ͼ ϵ͕ ϮϬϯ *LQDQ ͼ ϴϰ͕ ϴϱ͕ ϴϴ͕ ϭϬϱ͕ ϭϮϴ͕ ϭϲϯ *LQDQLF ͼ ϭϮϰ JLQDQV ͼ ϭϭ͕ ϯϭ͕ ϯϮ͕ ϱϰ͕ ϭϲϰ͕ Ϯϯϰ *LQDQV ͼ ϱ͕ ϴϯ͕ ϴϱ͕ ϴϲ͕ ϴϳ͕ ϴϴ͕ ϴϵ͕ ϭϬϱ͕ ϭϮϯ͕ ϭϮϱ͕ ϭϮϲ͕ ϮϬϬ͕ Ϯϳϰ *LUPDWKD ͼ ϭϱ *QDWL ͼ ϭϯϱ͕ ϭϯϲ͕ ϭϯϳ͕ ϮϬϲ͕ Ϯϭϯ͕ Ϯϲϯ *RNXO $VKWDPL ͼ ϮϬϯ͕ ϮϬϱ JRYHUQPHQW ͼ Ϯ *RYHUQPHQW ͼ ϯ͕ ϭϬϴ͕ ϭϬϵ͕ ϭϭϰ͕ ϭϭϳ͕ ϭϮϭ͕ ϭϮϵ *RYHUQRU ͼ ϵ *XMDUDW ͼ ϭϱ͕ ϭϭϬ͕ ϭϭϳ͕ ϭϮϭ͕ ϭϮϳ͕ ϭϳϬ͕ ϭϴϮ͕ ϭϵϲ͕ ϭϵϳ͕ ϮϬϭ͕ ϮϬϮ͕ ϮϬϰ͕ ϮϯϬ͕ ϮϲϮ *XMDUDWL ͼ ϭϭϬ͕ ϭϭϭ͕ ϭϭϮ͕ ϭϭϯ͕ ϭϵϳ͕ ϮϬϮ͕ ϮϮϵ͕ Ϯϯϳ͕ Ϯϱϯ *XSW ͼ ϭϯϬ JXUX PDQWUD ͼ ϯϯ
, KDUDVVHG ͼ Ϯϰϵ͕ Ϯϱϵ +DULVK &KDQGUD ͼ ϯϮ͕ ϱϳ͕ ϳϮ +DULYDQVK ͼ ϲϳ͕ ϭϯϬ͕ ϭϵϭ͕ ϭϵϲ͕ ϮϮϳ͕ ϮϮϴ͕ ϮϯϮ +DULYDQVKL ͼ ϭϵϲ͕ ϮϮϴ +D]UDW ͼ ϲϴ͕ ϳϳ͕ ϵϭ͕ ϭϲϮ͕ ϮϲϮ͕ Ϯϳϵ KHDUW ͼ ϭϱϬ͕ ϭϱϰ͕ ϮϮϬ͕ Ϯϳϰ KHDYHQ ͼ ϱϱ͕ ϴϲ͕ ϭϲϯ͕ ϭϴϯ +HEUHZ ͼ ϭϴ +LJK &RXUW ͼ ϯϱ͕ ϭϮϴ͕ ϮϯϬ +LPPDWEKDL ͼ ϭϲϴ͕ ϮϲϬ͕ Ϯϲϭ͕ ϮϲϮ͕ Ϯϲϯ͕ Ϯϲϳ +LQGL ͼ ϮϮϵ +LQGX 0DKDVDEKD ͼ ϮϰϬ +LQGX UXOHUV ͼ ϭϳϬ
KLVWRU\ ͼ Ϯ͕ ϭϴ͕ ϭϲϱ͕ ϭϴϵ͕ ϮϬϲ͕ Ϯϱϲ͕ ϮϲϬ͕ ϮϲϮ͕ Ϯϲϴ +LVWRU\ ͼ ϭ͕ Ϯϵ͕ ϭϮϮ͕ ϭϮϱ͕ ϭϯϬ +RO\ ͼ ϴϲ͕ ϴϵ͕ ϭϭϵ͕ ϭϳϯ KXUWLQJ ͼ ϭϬϲ͕ ϭϰϬ
/ LGHDOV ͼ ϭϵ͕ ϮϬ͕ ϭϬϯ LGRO ͼ ϯϰ͕ ϴϱ ,GRO ͼ ϭϲϯ LGROV ͼ ϭϱϭ LGRO ZRUVKLS ͼ ϯϰ LJQRUDQW ͼ ϳϳ͕ ϳϵ͕ ϵϮ͕ ϭϲϴ͕ ϮϬϬ͕ ϮϬϯ͕ Ϯϭϱ͕ ϮϮϯ͕ ϮϯϮ͕ Ϯϯϳ͕ ϮϰϮ ,OOLWHUDF\ ͼ ϮϬϴ LOOLWHUDWH ͼ ϮϬϬ͕ ϮϬϯ ,PDP 6KDK %DZD 5R]D 6DQVWKDQ &RPPLWWHH 7UXVW ͼ ϭϵϳ ,PDPL\DW ͼ ϰϬ͕ ϭϴϯ ,PDPSXUD ͼ ϭϱ ,PDPVKDKL ͼ ϭ͕ ϴ͕ ϰϲ͕ ϭϭϭ͕ ϭϴϯ͕ ϭϴϱ͕ ϭϴϳ͕ ϮϯϮ͕ Ϯϯϯ͕ Ϯϯϳ ,PDPVKDKLV ͼ ϵϱ͕ ϭϮϰ͕ ϭϮϳ͕ ϭϳϵ͕ ϭϴϬ͕ ϭϴϮ͕ ϭϴϯ͕ ϭϴϰ͕ ϭϴϱ͕ Ϯϯϰ ,PDPXGGLQ ͼ ϭϯ LQFDUQDWHG ͼ ϲϳ LQFDUQDWLRQ ͼ ϳ͕ ϯϯ͕ ϰϴ͕ ϮϯϬ ,QGLD ͼ ϭϮ͕ ϭϱ͕ ϭϳ͕ ϭϴ͕ ϭϵ͕ ϯϭ͕ ϲϳ͕ ϳϱ͕ ϭϬϯ͕ ϭϭϰ͕ ϭϭϱ͕ ϭϭϲ͕ ϭϭϳ͕ ϭϮϵ͕ ϭϲϲ͕ ϭϳϬ͕ ϭϳϭ͕ ϭϴϬ͕ Ϯϰϱ͕ ϮϲϬ͕ ϮϲϮ͕ Ϯϲϱ LQVWLWXWLRQ ͼ ϵ͕ ϵϱ͕ ϭϳϯ͕ ϭϴϴ͕ ϭϵϳ͕ Ϯϭϵ͕ ϮϮϭ͕ ϮϮϮ͕ ϮϮϲ͕ Ϯϰϰ͕ Ϯϰϱ͕ Ϯϲϱ͕ Ϯϲϲ LQWHOOHFW ͼ ϯϴ LQWHOOHFWV ͼ ϯϴ ,UDQ ͼ ϴ͕ ϯϯ͕ ϱϰ͕ ϲϳ͕ ϳϱ͕ ϭϭϴ͕ ϭϴϯ ,VODPL 1XU ͼ ϯϵ ,VPDLOL ͼ ϴ͕ ϭϭ͕ ϭϲ͕ ϭϵ͕ ϮϮ͕ Ϯϳ͕ Ϯϴ͕ Ϯϵ͕ ϯϱ͕ ϰϲ͕ ϱϲ͕ ϱϴ͕ ϳϮ͕ ϴϳ͕ ϭϬϯ͕ ϭϭϭ͕ ϭϮϰ͕ ϭϯϬ͕ ϭϳϳ͕ ϭϴϮ͕ ϭϴϱ͕ ϮϯϮ͕ ϮϲϮ͕ ϮϳϬ ,VPDLOLV ͼ Ϯϴ͕ ϭϮϳ͕ ϭϯϬ
ZZZ UHDOSDWLGDU FRP 3DJH RI
6DW\D 3UDNDVK 7KH 7UXH /LJKW Y
,VPDLOLVP ͼ ϭ͕ ϯϴ͕ ϱϱ͕ ϭϯϬ͕ ϭϴϬ͕ ϭϴϱ ,WDOLDQ ͼ ϯϳ ,YDQRZ ͼ ϭϱ͕ ϭϭϬ͕ ϭϮϱ͕ ϭϮϲ͕ ϭϮϳ
: -DPDW .KDQD ͼ ϯϵ͕ ϵϭ -DQPDVKWDPL ͼ ϮϬϱ -DQQDWSXUL ͼ ϭϲϰ -DQRL ͼ ϭϲϯ -HZV ͼ ϯϱ MLKDG ͼ ϭϱϮ͕ ϭϱϰ -XGDLVP ͼ Ϯϲ -\RWL ͼ ϯϵ
< . . 3 ͼ ϭ͕ Ϯϭϵ͕ ϮϴϬ .DELUXGGLQ ͼ ϭϬ͕ ϭϯ͕ ϰϯ .DFKK ͼ ϱϬ͕ ϳϬ .DGYD 3DWLGDU ͼ ϭϯϮ͕ ϭϯϳ͕ ϭϯϴ͕ ϮϬϭ͕ ϮϬϮ͕ ϮϮϮ .DND ͼ ϭ͕ ϴ͕ ϵϱ͕ ϵϲ͕ ϭϭϯ͕ ϭϮϬ͕ ϭϮϰ͕ ϭϯϯ͕ ϭϲϱ͕ ϭϳϵ͕ ϭϴϲ͕ ϭϴϳ͕ ϭϴϴ͕ ϭϴϵ͕ ϮϬϲ͕ ϮϮϲ͕ ϮϮϳ͕ Ϯϯϭ͕ ϮϯϮ͕ Ϯϯϯ͕ Ϯϯϵ͕ ϮϰϬ .$.$ ͼ ϭϴϳ .DND 3DQWK ͼ ϭ͕ ϭϭϯ .DNDV ͼ ϭϴϴ͕ ϭϴϵ͕ ϭϵϬ .DOLQJD ͼ ϱϭ͕ ϱϰ͕ ϱϱ .DOLQJR ͼ ϱϰ͕ ϭϬϱ .DOL\XJ ͼ ϮϮ͕ ϱϬ͕ ϱϭ͕ ϱϰ͕ ϲϳ͕ ϳϰ͕ ϭϮϱ͕ ϭϲϭ͕ ϮϬϬ .DOPD ͼ ϱ͕ ϵϬ͕ ϵϭ͕ ϵϮ͕ ϵϯ͕ ϵϰ͕ ϵϱ .DQEL ͼ ϭϭϱ͕ ϮϬϭ .DUVDQ ͼ ϭϮϰ͕ ϭϴϴ͕ ϭϵϬ͕ Ϯϯϭ͕ ϮϯϮ͕ Ϯϯϵ .DVKL ͼ ϮϬϬ .DXUDYDV ͼ ϳϲ .HVKDUD 3DUPHVKZDUD ͼ ϭϯϴ͕ ϮϬϲ͕ ϮϬϳ͕ ϮϬϴ .KDNL ͼ ϭϯϬ͕ ϭϵϲ͕ ϭϵϳ͕ ϮϮϴ͕ ϮϯϮ͕ Ϯϯϯ͕ Ϯϯϰ͕ Ϯϯϴ͕ ϮϰϬ .KDQD ͼ ϯϵ͕ ϵϭ͕ ϮϬϱ͕ ϮϯϮ͕ Ϯϯϱ͕ ϮϲϬ͕ Ϯϲϰ NKDQDV ͼ ϮϯϮ͕ Ϯϯϯ
.KRMD ͼ ϭϭϬ͕ ϭϭϭ͕ ϭϮϳ͕ ϭϮϴ͕ ϭϯϬ͕ ϭϴϬ͕ ϭϴϯ͕ ϭϴϰ͕ ϭϴϱ͕ Ϯϳϯ͕ Ϯϳϰ .KRMDV ͼ ϴ͕ ϰϲ͕ ϭϭϭ͕ ϭϮϰ͕ ϭϮϴ͕ ϮϲϮ ..3 ͼ Ϯ͕ ϭϯϭ͕ ϭϯϮ͕ ϭϯϯ͕ ϭϯϰ͕ ϭϯϱ͕ ϭϯϲ͕ ϭϯϳ͕ ϭϯϴ͕ ϭϲϱ͕ ϭϳϬ͕ ϭϳϰ͕ ϭϳϱ͕ ϭϳϵ͕ ϭϵϴ͕ ϭϵϵ͕ ϮϬϬ͕ ϮϬϭ͕ ϮϬϮ͕ ϮϬϯ͕ ϮϬϰ͕ ϮϬϱ͕ ϮϬϲ͕ ϮϬϳ͕ ϮϬϴ͕ ϮϬϵ͕ ϮϭϬ͕ Ϯϭϭ͕ ϮϭϮ͕ Ϯϭϯ͕ Ϯϭϰ͕ Ϯϭϱ͕ Ϯϭϲ͕ Ϯϭϳ͕ Ϯϭϴ͕ Ϯϭϵ͕ ϮϮϬ͕ ϮϮϭ͕ ϮϮϮ͕ ϮϮϳ͕ ϮϮϵ͕ ϮϰϮ͕ ϮϲϬ͕ Ϯϲϴ͕ Ϯϳϯ ..3 &RPPXQLW\ ͼ ϭϯϯ͕ ϮϬϰ͕ ϮϬϱ .ULVKQD ͼ ϱϬ͕ ϳϮ͕ ϳϯ͕ ϳϲ͕ ϳϳ͕ ϮϬϱ .XQEL ͼ ϭϭϮ͕ ϭϮϮ͕ ϮϬϭ .XQELV ͼ ϭϭϴ͕ ϭϮϮ .XQYDULND ͼ ϱϰ͕ ϭϬϱ .XUDQ ͼ Ϯϯ͕ Ϯϲ͕ ϰϴ͕ ϱϭ͕ ϴϱ͕ ϴϲ͕ ϭϭϵ͕ ϭϮϱ͕ ϭϰϮ͕ ϭϱϱ͕ ϭϲϭ͕ ϭϳϯ͕ ϮϮϴ͕ ϮϲϮ .XWFK ͼ ϭϮϵ͕ ϭϯϬ͕ ϭϯϭ͕ ϭϯϮ͕ ϭϯϰ͕ ϭϯϲ͕ ϭϯϴ͕ ϭϲϱ͕ ϮϬϮ͕ ϮϬϰ͕ ϮϬϴ͕ ϮϬϵ͕ Ϯϭϴ͕ Ϯϭϵ͕ ϮϮϮ͕ ϮϯϮ͕ Ϯϯϰ͕ Ϯϯϳ .XWFK .DGYD 3DWLGDU ͼ ϭϯϭ͕ ϭϯϮ͕ ϮϬϮ͕ Ϯϭϴ͕ ϮϮϮ
> /DQJDK ͼ Ϯϵ ODQJXDJH ͼ ϭϵ͕ ϭϭϮ͕ ϭϲϴ͕ ϮϮϴ͕ ϮϮϵ͕ Ϯϯϲ͕ Ϯϱϯ͕ Ϯϳϭ ODQJXDJHV ͼ ϭϭ͕ ϯϮ͕ ϮϮϵ /D[PLQDUD\DQ ͼ ϭϲϴ͕ Ϯϭϵ͕ ϮϯϮ͕ Ϯϱϰ /HIWRYHU ͼ ϮϬϴ OLQHDJH ͼ ϳ͕ ϳϭ͕ ϳϮ͕ ϳϰ͕ ϳϵ͕ ϭϵϲ͕ Ϯϯϱ /LQHDJH ͼ ϭϳϵ͕ ϭϵϭ͕ ϭϵϲ OLWHUDWXUH ͼ ϭϭ͕ ϰϮ͕ ϳϬ͕ ϳϰ͕ ϴϭ͕ ϴϱ͕ ϭϳϬ͕ ϭϳϭ͕ ϭϳϮ͕ ϭϴϯ͕ ϮϬϯ͕ ϮϮϴ͕ ϮϮϵ͕ Ϯϯϰ͕ Ϯϯϴ͕ Ϯϯϵ͕ Ϯϳϵ /LWHUDWXUH ͼ Ϯ͕ ϱ͕ ϳϳ͕ ϴϬ͕ ϴϭ͕ ϴϯ͕ ϴϰ͕ ϭϬϱ͕ ϭϮϰ͕ ϭϮϱ͕ ϭϳϮ͕ ϭϳϯ /RKDQDV ͼ Ϯϵ͕ ϮϲϮ O\LQJ ͼ ϭϱϬ
D 0DFKK ͼ ϱϬ͕ ϳϬ
ZZZ UHDOSDWLGDU FRP 3DJH RI
6DW\D 3UDNDVK 7KH 7UXH /LJKW Y
0DQGLU ͼ ϯϵ͕ ϭϯϳ͕ Ϯϯϱ͕ ϮϲϬ͕ Ϯϲϰ PDQGLUV ͼ Ϯϯϯ PDQLIHVWDWLRQ ͼ ϮϮ͕ ϭϮϰ PDQLIHVWDWLRQV ͼ Ϯϯ͕ ϰϬ PDUULHG ͼ ϳϭ PDUU\ ͼ ϱϰ͕ ϭϬϱ 0DWLD ͼ ϴ͕ ϭϭϭ͕ ϭϭϯ͕ ϭϭϴ 0DYDDO ͼ ϭϳϵ͕ Ϯϱϭ͕ ϮϱϮ͕ Ϯϱϯ͕ Ϯϱϰ͕ Ϯϱϱ͕ Ϯϱϲ͕ Ϯϱϳ 0DYDDOV ͼ Ϯϱϯ͕ Ϯϱϲ͕ Ϯϱϳ PLUDFOH ͼ Ϯϭ͕ ϮϬϬ 0LUDFOH ͼ ϴϱ PLUDFOHV ͼ Ϯϯ͕ ϮϬϬ͕ Ϯϭϴ͕ ϮϮϭ 0LUDFOHV ͼ ϭϮϱ PLUDFXORXV ͼ ϭϱ͕ ϮϬϬ PLVVLRQDULHV ͼ ϭϭ͕ ϭϲ͕ ϭϵ͕ Ϯϳ͕ ϳϮ͕ ϭϬϰ͕ ϭϬϱ͕ ϭϰϬ͕ ϭϴϳ͕ ϮϬϳ 0LVVLRQDU\ ͼ ϯϱ PLVWDNH ͼ ϳϮ͕ ϮϲϬ 0RKDPPDG ͼ ϳ͕ ϲϴ͕ ϵϭ͕ ϵϯ͕ ϵϴ͕ ϭϭϴ͕ ϭϭϵ͕ ϭϲϮ͕ ϭϴϰ͕ ϭϵϬ͕ ϮϲϮ 0RNVKD ͼ ϱϱ͕ ϴϲ͕ ϵϵ 0RPDQ ͼ ϭϲϰ 020$1 ͼ ϴϵ PRPLQ ͼ ϱϲ 0RPLQ ͼ ϴϲ͕ ϭϬϱ͕ ϭϯϬ 0RPLQV ͼ ϱϱ͕ ϱϳ͕ ϴϳ 0RPQD ͼ ϭϭϮ͕ ϭϭϴ 0RRQ ͼ ϵϮ PRUDO ͼ ϭϭ͕ ϯϮ͕ ϰϮ͕ ϰϱ PRUWDO ͼ ϯϴ͕ ϰϴ 0RUWDO ͼ ϲϴ 0XKDPPDG ͼ ϭϱ͕ ϯϭ͕ ϯϮ͕ ϯϯ͕ ϰϵ͕ ϲϴ͕ ϳϵ͕ ϭϮϰ͕ ϭϰϮ͕ ϭϱϮ͕ ϭϱϯ͕ ϭϴϭ͕ ϭϴϮ͕ ϭϴϯ͕ ϭϴϰ͕ ϭϴϱ͕ ϭϴϴ͕ ϮϯϬ͕ Ϯϯϱ 0XNKL ͼ ϵϭ͕ ϵϮ͕ ϭϬϮ͕ ϭϯϴ͕ ϮϬϳ 0XOEDQG ͼ ϭϳϮ͕ ϭϳϯ 0XPQD ͼ ϴ͕ ϭϭϮ͕ ϭϮϵ͕ ϮϬϭ͕ ϮϲϮ͕ Ϯϳϯ 0XPQDV ͼ ϭϭϱ͕ ϮϬϮ 0XULG ͼ ϭϭϰ͕ ϭϭϲ 0XVOLP UXOHV ͼ ϭϳϬ
0XVOLPV E\ UHOLJLRQ DQG +LQGXV E\ FXVWRP ͼ ϭϮϰ 0XVVDOPDQV ͼ ϯϱ
E 1DNDODQNL ͼ ϱϭ͕ ϵϴ͕ ϮϲϮ QDNODQN ͼ ϯϮ͕ ϯϯ 1DNODQNL ͼ ϴϱ 1DU 0XKDPPDG ͼ ϭϱ͕ ϲϴ 1DUD\DQML 5DPML ͼ ϭϮϲ͕ ϭϮϳ͕ ϭϲϴ͕ ϮϬϴ͕ ϮϬϵ͕ ϮϭϬ͕ Ϯϭϭ͕ ϮϭϮ͕ Ϯϭϯ͕ Ϯϭϰ͕ Ϯϭϲ͕ Ϯϭϳ͕ Ϯϭϴ͕ ϮϮϱ͕ Ϯϰϴ͕ ϮϲϮ 1DUVLQJK ͼ ϱϬ͕ ϳϬ 1LNDODQN ͼ ϱϰ͕ ϱϳ 1LVKNDODQNL ͼ ϮϮ͕ ϴϱ͕ ϵϭ͕ ϭϬϬ͕ ϭϮϰ͕ ϭϲϮ͕ ϭϴϯ͕ ϮϯϬ͕ Ϯϯϯ͕ Ϯϯϱ͕ Ϯϯϲ͕ Ϯϱϰ͕ ϮϲϬ͕ Ϯϲϰ͕ Ϯϳϵ 1L]DU ͼ ϴ 1L]DUL ͼ ϴ͕ ϭϵ͕ ϱϰ͕ ϱϱ͕ ϱϲ͕ ϭϬϯ͕ ϭϭϭ͕ ϭϳϳ͕ ϮϲϮ͕ ϮϳϬ 1RRU ͼ ϴϳ͕ ϵϵ͕ ϭϬϬ QXFOHXV ͼ ϮϬ͕ ϭϬϯ 1XU 0XKDPPDG ͼ ϭϱ
K REMHFWLRQV ͼ Ϯϭ REVWDFOHV ͼ ϭϵ͕ ϮϬ͕ Ϯϭ͕ ϮϮ͕ Ϯϯ 2GKDYUDPML ͼ ϭϲϴ͕ Ϯϭϳ͕ Ϯϭϴ͕ Ϯϭϵ͕ ϮϮϬ͕ ϮϮϭ͕ ϮϮϮ͕ ϮϮϱ͕ ϮϱϬ 2P ͼ Ϯϯϵ 20 ͼ ϭϮϰ RULJLQDO ͼ ϮϬ͕ ϰϲ͕ ϭϬϯ͕ ϭϳϬ͕ ϭϳϭ͕ ϭϳϮ͕ ϭϳϯ͕ ϭϴϳ͕ Ϯϭϵ͕ ϮϮϬ͕ ϮϮϵ͕ Ϯϯϰ͕ Ϯϯϲ͕ Ϯϯϴ͕ Ϯϯϵ͕ ϮϰϬ͕ Ϯϳϯ RXWZDUGO\ ͼ ϰϲ͕ ϱϵ͕ ϲϵ͕ ϭϲϲ͕ ϭϴϳ͕ Ϯϯϯ͕ Ϯϯϵ͕ ϮϰϮ͕ Ϯϱϯ͕ Ϯϱϰ͕ ϮϲϬ͕ ϮϲϮ͕ Ϯϳϴ
W 3DLJDPEDU ͼ ϭϭϵ͕ ϭϲϮ͕ ϮϲϮ
ZZZ UHDOSDWLGDU FRP 3DJH RI
6DW\D 3UDNDVK 7KH 7UXH /LJKW Y
3DNLVWDQ ͼ ϭϬ͕ Ϯϴ 3DQGDYDV ͼ ϱϳ͕ ϳϰ͕ ϳϲ͕ ϳϳ 3DULVKDG ͼ ϭϯϳ 3DUVKXUDP ͼ ϱϬ͕ ϳϭ 3DYDO ͼ ϱϴ͕ ϵϮ͕ ϭϬϬ 3HHU ͼ Ϯϭ͕ ϵϵ 3HUVLD ͼ ϭϭ͕ ϭϰ͕ ϭϴϮ͕ ϭϴϰ SKLORVRSKLF ͼ Ϯϱ SKLORVRSK\ ͼ ϯϰ͕ ϱϴ 3LU ͼ ϵ͕ ϭϬ͕ ϭϯ͕ ϭϰ͕ ϭϱ͕ ϯϬ͕ ϯϭ͕ ϯϮ͕ ϯϯ͕ ϯϰ͕ ϰϯ͕ ϳϳ͕ ϴϵ͕ ϭϭϰ͕ ϭϭϲ͕ ϭϮϱ͕ ϭϯϬ͕ ϭϲϰ͕ ϭϴϳ͕ ϭϴϴ͕ ϭϵϳ͕ ϮϯϮ͕ Ϯϯϰ͕ ϮϲϮ͕ Ϯϳϰ͕ Ϯϳϱ 3LUV ͼ ϴ͕ ϵ͕ Ϯϵ͕ ϰϯ͕ ϰϱ͕ ϰϲ͕ ϴϱ͕ ϴϲ SROLFH ͼ Ϯϰϳ͕ Ϯϰϴ͕ Ϯϰϵ͕ Ϯϲϰ͕ Ϯϲϵ͕ ϮϳϬ͕ Ϯϳϭ 3RRMD ͼ ϵϭ͕ ϵϮ͕ ϵϱ͕ ϮϲϮ SRSXODULW\ ͼ ϯϭ 3UDJML ͼ ϭϲϱ͕ ϭϵϬ͕ ϮϬϲ 3UDVDG ͼ ϵϮ͕ ϮϬϴ 3UHUQD 3HHWK ͼ Ϯϯϯ SUHVHQWDWLRQ ͼ Ϯ͕ ϯ͕ Ϯϳϳ SUH\ ͼ ϰϮ SULQFLSOHV ͼ ϮϬ͕ ϰϭ͕ Ϯϭϰ͕ Ϯϭϱ͕ Ϯϯϵ͕ ϮϲϮ SURKLELWHG ͼ ϰϮ SURSDJDQGD ͼ Ϯ͕ ϮϮ͕ Ϯϰ͕ Ϯϱ͕ Ϯϳ͕ ϳϵ͕ Ϯϰϳ 3URSDJDQGD ͼ ϱ͕ ϭϲ͕ ϭϳ͕ ϭϴ͕ ϭϵ͕ Ϯϰ͕ ϭϬϯ͕ ϭϮϱ͕ Ϯϰϱ͕ Ϯϰϲ SURSKHW ͼ Ϯϱ͕ ϭϭϴ 3URSKHW ͼ ϳ͕ ϯϯ͕ ϯϴ͕ ϯϵ͕ ϰϵ͕ ϲϴ͕ ϵϭ͕ ϵϴ SURSKHWV ͼ Ϯϱ SV\FKRORJ\ ͼ ϰϲ SXUH ͼ ϭϭ͕ ϭϳϰ
Z 5DKLP ͼ ϭϯ͕ ϭϵϬ UDLQV ͼ ϮϬϬ 5DP ͼ ϱϬ͕ ϳϭ͕ ϳϮ 5DPHVKEKDL ͼ ϭϲϴ͕ Ϯϰϴ͕ ϮϲϮ͕ Ϯϲϯ͕ Ϯϲϰ͕ Ϯϲϱ 5DWDQVKL ͼ Ϯϭϯ͕ Ϯϭϳ͕ Ϯϭϴ͕ Ϯϭϵ͕ ϮϮϬ͕ ϮϮϭ͕ ϮϮϮ͕ ϮϮϱ͕ ϮϱϬ͕ ϮϲϬ͕ Ϯϲϭ͕ ϮϲϮ
5HFRUGV ͼ ϯ͕ ϭϬϴ UHQRXQFH ͼ ϯϭ UHSODFH ͼ ϮϮϴ͕ Ϯϳϰ UHVHDUFKHUV ͼ Ϯ͕ ϭϬϴ͕ ϭϬϵ͕ ϭϲϭ 5HVHDUFKHUV ͼ ϯ͕ ϭϬϴ 5HVXUUHFWLRQ ͼ ϱϰ UHYHODWLRQ ͼ Ϯϯ͕ Ϯϲ 5HYHODWLRQ ͼ Ϯϱ UHZULWLQJ ͼ Ϯϯϰ ULWXDOV ͼ ϯϭ͕ ϳϳ͕ ϵϯ͕ ϭϭϮ͕ ϭϲϯ͕ ϮϬϯ͕ ϮϬϲ͕ Ϯϭϰ͕ ϮϮϬ͕ ϮϯϮ͕ Ϯϯϴ͕ Ϯϯϵ͕ ϮϲϮ͕ Ϯϳϴ URVDU\ ͼ ϭϰ 5R]D ͼ ϵϱ͕ ϵϲ͕ ϭϴϲ͕ ϮϮϲ͕ ϮϯϬ
^ 6DEKD ͼ ϭϯϲ 6DGUXGGLQ ͼ ϯϭ͕ ϯϮ͕ ϯϯ͕ ϯϰ 6DMMDG 1DVKLQ ͼ ϭϵϲ͕ ϮϯϮ͕ Ϯϯϯ VDOYDWLRQ ͼ ϭϲϮ VDPDGKL ͼ Ϯϯϯ 6DQVNDU 'KDP ͼ Ϯϭϵ 6DQVNULW ͼ ϭϭ͕ ϮϮϴ͕ ϮϮϵ VDW VKDEG ͼ ϯϯ 6DW\XJ ͼ ϱϬ VFKRODU ͼ ϭϮϲ 6FKRODU ͼ ϭϭϬ VFKRODUV ͼ ϭϬϵ͕ ϭϮϯ͕ ϭϮϲ͕ ϭϱϭ͕ ϭϲϭ͕ Ϯϭϭ VHFUHW ͼ ϱϱ͕ ϭϯϵ͕ ϭϳϮ͕ ϭϳϯ͕ ϭϴϳ͕ Ϯϰϰ VHFUHWV ͼ ϭϮϲ͕ Ϯϭϭ͕ ϮϮϱ͕ Ϯϰϴ VHYHU ͼ ϭϴϳ͕ Ϯϲϱ 6KDNWL ͼ ϵϮ͕ ϭϮϰ͕ ϭϲϮ͕ ϮϯϬ͕ ϮϲϮ 6KDQNDUDFKDU\DV ͼ Ϯϭϵ 6KLD ͼ ϳ͕ ϴ͕ ϭϳ͕ ϯϱ͕ ϭϬϯ͕ ϭϭϮ͕ ϭϮϮ͕ ϭϮϴ͕ ϭϳϬ͕ ϭϳϳ͕ ϭϵϲ͕ ϮϬϬ͕ ϮϲϮ 6KLDV ͼ ϳ VKORNDV ͼ ϭϭ 6KORNDV ͼ ϮϮϵ VKULQH ͼ ϵϱ͕ ϭϴϴ͕ Ϯϯϯ͕ Ϯϳϵ VKULQHV ͼ ϭϴϴ͕ Ϯϯϯ
ZZZ UHDOSDWLGDU FRP 3DJH RI
6DW\D 3UDNDVK 7KH 7UXH /LJKW Y
VPXJJOH ͼ ϰϮ 6RRPUDV ͼ Ϯϵ VSLULW ͼ ϮϬ͕ ϰϮ͕ ϰϰ͕ ϰϱ͕ ϭϯϰ VSLULWXDO ͼ ϰϱ͕ ϵϭ͕ ϭϲϲ͕ ϭϵϲ͕ ϮϬϱ͕ ϮϬϳ͕ ϮϬϴ͕ ϮϯϬ VSOLW ͼ ϳ͕ ϰϲ͕ ϭϴϬ͕ ϭϴϰ͕ ϭϴϱ͕ ϮϬϳ VWDQGDUGV ͼ ϭϭ͕ ϭϵ͕ ϮϲϮ VWHDOWK\ ͼ ϭϱϰ VWRULHV ͼ Ϯϭ͕ ϮϮ͕ ϳϮ͕ ϴϱ͕ ϭϲϰ͕ ϮϬϬ VWRU\ ͼ Ϯϯ͕ ϲϵ͕ ϳϬ͕ ϳϭ͕ ϳϯ͕ ϳϰ͕ ϳϲ͕ ϭϬϱ͕ ϭϯϰ͕ ϭϲϴ͕ ϭϵϲ͕ ϮϬϬ VWUDWHJ\ ͼ ϭϲ͕ ϭϰϵ͕ ϭϲϮ͕ ϭϲϴ͕ ϭϲϵ͕ ϮϭϮ͕ Ϯϭϳ͕ Ϯϭϴ͕ ϮϰϮ͕ Ϯϰϰ͕ Ϯϰϲ͕ Ϯϰϳ͕ ϮϱϬ͕ Ϯϱϲ͕ Ϯϳϭ͕ Ϯϳϳ VXIL ͼ ϰϱ 6XIL ͼ ϱ͕ ϰϭ͕ ϰϮ͕ ϰϯ͕ ϰϰ͕ ϰϱ͕ ϰϲ͕ ϭϬϰ 6XILVP ͼ ϭϭ͕ ϰϭ͕ ϭϬϰ VXJJHVW ͼ ϯϱ͕ ϳϯ͕ ϭϳϬ͕ ϮϳϬ VXQQDW ͼ ϭϭϱ 6XQQLV ͼ ϳ VXSHULRU ͼ ϯϴ͕ ϵϭ͕ ϭϱϬ͕ ϭϳϰ VXSHUQDWXUDOO\ ͼ ϳ͕ ϯϵ͕ ϭϬϰ 6ZDPL 1DUD\DQ ͼ ϮϬϳ͕ Ϯϱϰ V\PERO ͼ ϱϰ͕ ϭϮϰ͕ Ϯϯϵ V\PEROLF ͼ ϯϮ͕ ϯϱ͕ ϰϮ
d WDFWIXOO\ ͼ ϮϮϵ͕ ϮϲϬ 7DMXGGLQ ͼ ϭϯ 7DNLDK ͼ ϭϮϴ WDTL\\D ͼ ϰϲ͕ ϭϰϭ͕ ϭϰϮ͕ ϭϰϵ͕ ϭϱϭ͕ ϭϱϮ͕ ϭϱϳ͕ ϭϲϬ͕ ϭϲϭ͕ ϭϲϴ͕ ϭϳϭ͕ ϭϳϱ͕ ϭϳϲ͕ ϮϮϯ͕ ϮϮϴ͕ ϮϯϮ͕ Ϯϯϳ͕ Ϯϯϵ͕ ϮϰϬ͕ ϮϰϮ͕ ϮϲϬ͕ Ϯϳϰ͕ Ϯϳϳ͕ Ϯϳϴ 7DTL\\D ͼ ϯ͕ ϭϯϵ͕ ϭϰϬ͕ ϭϰϭ͕ ϭϰϮ͕ ϭϰϴ͕ ϭϰϵ͕ ϭϱϬ͕ ϭϱϭ͕ ϭϱϮ͕ ϭϱϯ͕ ϭϱϰ͕ ϭϱϱ͕ ϭϱϲ͕ ϭϱϳ͕ ϭϲϬ͕ ϭϲϭ͕ ϭϲϮ͕ ϭϲϯ͕ ϭϲϰ͕ ϭϲϱ͕ ϭϲϲ͕ ϭϲϳ͕ ϭϲϴ͕ ϭϲϵ͕ ϭϳϬ͕ ϭϳϭ͕ ϭϳϮ͕ ϭϳϯ͕ ϭϳϰ͕ ϭϳϱ͕ ϭϳϵ͕ Ϯϯϭ͕ ϮϯϮ͕ Ϯϯϯ͕ Ϯϯϰ͕ Ϯϯϳ͕ Ϯϯϴ͕ Ϯϯϵ͕ ϮϰϬ͕ Ϯϱϰ͕ Ϯϱϲ WD[ ͼ ϱϴ͕ ϭϴϮ͕ ϭϴϯ WD[HV ͼ ϴϲ͕ ϭϮϬ͕ ϭϴϮ͕ ϭϴϯ͕ ϭϴϳ͕ ϭϴϴ͕ ϮϬϯ͕ ϮϬϴ͕ ϮϮϬ͕ ϮϮϭ͕ ϮϮϲ WHPSOHV ͼ Ϯϭϵ͕ ϮϯϮ͕ Ϯϯϯ͕ ϮϲϮ
WHQ ͼ ϱϬ WHQHWV ͼ ϭϭ͕ ϮϮ͕ Ϯϱ͕ ϭϮϴ͕ ϮϮϵ͕ Ϯϯϲ͕ Ϯϳϱ WHQWK ͼ ϯϯ͕ ϮϯϬ͕ Ϯϯϯ 7KH ,PDPVKDK 5R]D 6DQVWKDQ &RPPLWWHH 7UXVW ͼ ϵϱ WKHRU\ ͼ Ϯϱ͕ Ϯϲ͕ ϯϵ͕ ϰϴ͕ ϳϳ͕ ϭϳϬ͕ ϭϵϲ͕ Ϯϯϲ͕ Ϯϰϱ 7LWOH ͼ ϭϯ WUDGLWLRQDO ͼ Ϯϵ͕ ϯϭ͕ ϯϮ͕ ϮϬϲ͕ ϮϯϮ WUHDFKHU\ ͼ ϭϱϯ 7UHWD\XJ ͼ ϱϬ WUL GLPHQVLRQDO ͼ ϭϮϰ͕ Ϯϯϵ WUXVW ͼ ϭϮϰ͕ ϭϯϯ͕ ϮϮϮ͕ ϮϮϲ͕ ϮϮϳ͕ ϮϯϬ͕ Ϯϰϯ͕ Ϯϳϴ 7UXVW ͼ ϭϮϰ͕ ϮϮϲ͕ Ϯϯϵ WUXWK ͼ ϱϱ͕ ϭϯϱ͕ ϭϳϬ͕ ϭϵϲ͕ ϮϬϰ͕ Ϯϱϲ͕ ϮϲϮ 7XUPRLO ͼ ϭϳϵ͕ ϮϮϰ͕ ϮϮϱ͕ ϮϮϲ͕ ϮϮϳ͕ ϮϮϴ͕ ϮϮϵ͕ ϮϯϬ
h 8FKK ͼ ϭϬ͕ ϭϯ͕ ϰϯ 8OHPD ͼ ϭϱϮ 8PL\D ͼ ϭϯϳ͕ Ϯϭϵ͕ ϮϲϮ XQLQWHUUXSWHG ͼ ϯϵ 8QMKD ͼ ϮϬϭ XQWRXFKDELOLW\ ͼ ϭϳϰ XQWRXFKDEOH ͼ ϭϳϰ
s 9DKLYDQFKD ͼ ϮϬϰ͕ ϮϬϲ 9DKLYDQFKR ͼ ϭϲϱ YDLQ ͼ Ϯϭϲ 9DOLPL\D ͼ ϭϲϱ͕ ϮϬϲ 9DPDQ ͼ ϱϬ 9DUDK ͼ ϱϬ͕ ϳϬ 9HGD ͼ Ϯϯ͕ Ϯϲ͕ ϱϭ͕ ϭϮϱ͕ ϭϯϬ YHGDV ͼ ϱϭ 9HGLF ͼ ϭϵϳ͕ ϮϰϬ YHLO ͼ ϲϵ͕ ϳϬ͕ ϳϭ͕ ϳϮ͕ ϳϯ͕ ϳϰ YLUJLQ ͼ ϭϬϱ
ZZZ UHDOSDWLGDU FRP 3DJH RI
6DW\D 3UDNDVK 7KH 7UXH /LJKW Y
9LUJLQ (DUWK ͼ ϱϰ 9LVKUDP 1DNUDQL ͼ ϮϬϰ͕ ϮϬϱ 9LVKYD .XQYDUL ͼ ϱϰ
z <DJ\D ͼ ϳϰ͕ ϳϳ͕ ϮϮϵ <RJD ͼ ϭϲϲ͕ ϭϲϳ <XJ ͼ ϱϬ͕ ϳϰ \XJV ͼ ϱϬ <XJV ͼ ϱϬ <XYDN 0DQGDO ͼ ϭϯϳ
t ZHDNHU ͼ ϮϬ͕ Ϯϰϱ :KLWH 3DSHU ͼ Ϯϲϲ :ODGLPLU ͼ ϭϱ͕ ϭϭϬ͕ ϭϮϱ͕ ϭϮϲ͕ ϭϮϳ
ZZZ UHDOSDWLGDU FRP 3DJH RI
6DW\D 3UDNDVK 7KH 7UXH /LJKW Y
ZZZ UHDOSDWLGDU FRP 3DJH RI
6DW\D 3UDNDVK 7KH 7UXH /LJKW Y
ZZZ UHDOSDWLGDU FRP 3DJH RI
6DW\D 3UDNDVK 7KH 7UXH /LJKW Y
ZZZ UHDOSDWLGDU FRP 3DJH RI
6DW\D 3UDNDVK 7KH 7UXH /LJKW Y
ZZZ UHDOSDWLGDU FRP 3DJH RI
6DW\D 3UDNDVK 7KH 7UXH /LJKW Y
ZZZ UHDOSDWLGDU FRP 3DJH RI
6DW\D 3UDNDVK 7KH 7UXH /LJKW Y
ZZZ UHDOSDWLGDU FRP 3DJH RI
6DW\D 3UDNDVK 7KH 7UXH /LJKW Y
ZZZ UHDOSDWLGDU FRP 3DJH RI
6DW\D 3UDNDVK 7KH 7UXH /LJKW Y
dŚŝƐ ƉĂŐĞ ŝƐ ŝŶƚĞŶƚŝŽŶĂůůLJ ůĞĨƚ ďůĂŶŬ
ZZZ UHDOSDWLGDU FRP 3DJH RI