Issue 1314

1)$26 K&'",,?0%(.7%<)1,6%("$74%')(&#7 )+%(.7%#)3'(1?F4%*,&-.( ;?

REDBRICK

19th Oct 2007 ISSUE 1314 VOL 72

THE UNIVERSITY OF BIRMINGHAM’S STUDENT NEWSPAPER SINCE 1936

1+$2+34562-4$67)6%/*-*869 :$64#3*-+3-%5/-:/3

./0*---------& =>=%&4%(),6%(."( /)?#)((%)+ @41"7,&%3'&;714&A (&74%&4%&,,7-",

()*+,

&&--

817"(%)1 -"1/"-79%:7 17;&7<%8,)/", 8"(.71&'-

=+82

&>

a("1634(%/&(74 (.7%634(%<&(. )',?%"%(.177%4("1 17;&7<

!"#$% @/8+6-.#$#0A+63-637-B63-=#$*5/0-C/463-%5/-"#")86$-D68/-=/*%+E68-05+8/-6%-1+$2+34562

;5+8+"-<#$763 B:C% +)1271% !&12&'-."2% 4(3A 67'(4% <717% #7'(17% )+% "((7'(&)' )'% D)'6"?% '&-.(% "4% (.7?% 43#A #744+3,,?% "**7"176% )'% !!>EF4 '7<%471&74%)+%!"#$%&'()!*&G >7,&"% H)1)<I&"'0% EJ0% "'6 @"'% K)14.7<0% EL0% <)'% "**1);", +1)2% +)31% )+% (.7% +&;7% 4(77,?

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

)'4% <717% &'(7174(76% &4% 3'.7"16 )+0%/7#"347%<7%<"'(76%_LV0VVV +)1% <."(% &4% /"4&#",,?% "% 2"44&;7 *"1(?`\ a&'#7% +&,2&'-0% (.7% 6?'"2&# 63)% .";7% 67#,&'76% Q7(71% R)'74F )++71G !7"#.% !17"$% P&;70 ",17"6?%')2&'"(76%+)1%!74(%H7< K74(&;",% "(% (.7% =N% K74(&;", [<"1640%."4%61"<'%.7";?%"((7'A (&)'% +1)2% (.7% 234&#% &'634(1? "'6% "((1"#(76% "% .)4(% )+% ()*% &' 634(1?% *"1('714% )++71&'-% 43*A *)1(%"'6%*"1('714.&*4G T:7F17% ')<% <)1$&'-% <&(.

C3(-)&'-% P(60% <.&#.% 1"'% (.7 a')</)2/&'-% +74(&;",% &' [34(1&"G B.7?%"17%4*7#&",&4(4%&' 13''&'-% 4(367'(% 7;7'(4G :7 .";7% "% 17",,?% -))6% 4?4(72% &' *,"#7% "'6% (.7% +)#34% &4% &4% )' 2"$&'-%(.7%*71+7#(%+74(&;",G\ Z74*&(7% (.7% 17M7#(&)'0% Q7(71 R)'74%)++7176%.&4%43**)1(%()%(.7 +74(&;",b% T@% <&4.% (.72% ",,% (.7 ;71?%/74(G B.717%"17%2"'?%7,7A 27'(4% (."(% #)27% ()-7(.71% () 2"$7% (.7% 1&-.(% /34&'744% 67",0 "'6% (.&4% #,7"1,?% ,))$4% M34(% "4 -))6% -)&'-% &(4% )<'% <"?G :7

4.",,% $77*% &'% ()3#.% "'6% (.7? .";7% 2?% '32/71% &+% (.7?% '776 "6;&#7G\ H)1)<I&"'%/7,&7;74%(."(%(.7 4.)<%*1);&676%"%67+&'&(7%/))4( +)1%(.7%?)3'-%/34&'744G TB.7%*"'7,%<717%17",,?%-))6 +)1% 34G% % Q7(71% R)'74% ."4% -&;7' (.7% -177'% ,&-.(% +)1% )(.71% 67",4G @(%<"4%"%1&-)1)34%*1)#7440%/3(%&( <"4%<)1(.%&(G T@% '7"1,?% +7,,% )++% 2?% #."&1 <.7'%@%4"<%(.7%+&'&4.76%4.)<`\ B.7% +)1271% !&12&'-."2 4(367'(4% .";7% /77'% &'3'6"(76 <&(.% )++714% 4&'#7% +&,2&'-% (.7 4.)<%"'6%"17%*17*"1&'-%+)1%(.7 EVVc%+74(&;",G T:7% <"'(% (.7% *71+7#(% 7;7'( '7S(%?7"1%47((&'-%(.7%*17#767'( +)1%?7"14%()%#)27G%B.717%<&,,%/7 /7"#.0%43'%"'6%61&'$%+)1%?)3'*7)*,7G :7% "17% 4)1(&'-% )3( <."(%,&'7%3*%"'6%<."(%"#(&;&(&74 <7% <"'(G B.717% <&,,% /7% " 2&-.(?% >)1'&4.% -)/,7(% "4% <7,, "4% 13''&'-% -"274% ,&$7% ."?A/",7 (.1)<&'-G :7% <"'(% "% 17", >)1'&4.%+77,%()%(.7%<.),7%+74(&A ;",G\

&'

!"#$%&'%()* +,&-.(%+))(/",,0 !&12&'-."2 #134.%56-7.&,,%

! ()*+

!"#$!%&'()*)+(! ),-.(/&0/$"!(1223

"#$%&'()*+ E-@:=9-(B897 ;65.8-=5;B;6:

T87F;

E%.%6';/&0#*+0/

A#9'G&%.0)

M( ]98<=678-L( 4A $86>89J.;>(7-@:=9-(.;7 ?==9( ;994@95=:( ;7( 49= 4A( -.=( B899=67( 4A( -.= ;99@;H( *#!=8:( E-@:=9N68^=D '=<89( ":J89J-49U B.4( B;7( 94>89;-=:( A46 -.=( F68^=( ?L( .87( -@-46 '=<89( E89J.U( 6=5=8<=: -.=( ;B;6:( A46( .87( B46K XM( &6=>;-468@>YU( ; 6=-.89K( 89( ?@8H:89J -LF4H4JL(A64>(;9(;-.=87F=67F=5-8<=D( 0.=( F8=5= B;7(@9<=8H=:(;-(;9(=_.8G ?8-849( ;-( *#!=8:C7 `49:49( 4AA85=7( H;7B==KD 0.=( ;B;6:U( O@:J=: ?L(;(9@>?=6(4A(:86=5-467 ;-( *#!=8:( 895H@:89J !85.;6:( T;8-=U( E=9846 !=F46-=6( A46( !"# $%&"'(#&()* +,-%./0U( 87( ; 5=H=?6;-849( 4A( -.=( 56=G ;-8<=( -;H=9-7( 4A( L4@9J ;65.8-=5-7U( ;9:( -.= 6=54J98-849( 4A( -.=86 =_5=HH=95=( 89( 5495=F;9:( :=78J9D( '=<89( B;7 49=( 4A( =8J.-( 7-@:=9-7( -4 6=5=8<=(-.=(;B;6:D %9( B46K89J( B8-.

-.=7=( ;5;:=>85( 897-8-@G -8497U( *#!=8:( ;8>7( -4 J8<=( J6;:@;-=7( -.= 4FF46-@98-L( -4( 7.4B -.=86( B46K( -4( ;( ?64;: ;@:8=95=D(

/V( -.=( a-.( /5-4?=6U( 1* >8HH849( H8>8-=:( =:8-849 ?;67( 4A( &;:?@6LC7( T87F; B=6=(7=9-(-4(7.4F7(;56477 -.=(54@9-6LD( 0.=( 5.454H;-=( 7=97;G -849( -.;-( ,*( :8AA=6=9[;5=?44K( J64@F7( .;: ?==9( 5;>F;8J989J( A46 B;7( A89;HHL( 6=7-46=:( -4 -.=(7.=H<=7D( MHH( 4A( -.=( +1F( F64G 5==:7( B8HH( J4( -4( -.= VEN&&D(( 0.=( 854985( 5.454H;-=

6=-@697

?;6( B;7( 6=>4<=:( A64> H45;H( 9=B7;J=9-7( ;9: 7@F=6>;6K=-7( 89( 122* :@=( -4( A;HH89J( 7;H=7U( ?@;A-=6( 74>=( -86=H=77( 5;>G F;8J989J( A64>( -.= )*U3,,( >=>?=67( 4A( -.= F@?H85(O48989J(-.=(9@>=6G 4@7( [;5=?44K( J64@F7 T87F;C7( >;9@A;5-@6=6C7 -44K(;5-849D 049L( $8H?464@J. A64>( ( &;:?@6L( 7;8:U( XT= .;<=( 94-85=:( -.=( B=?

89-=6=7-( A46( 74>=( -8>=U ;9:( -.=( 5497@>=6( F;7G 7849( .;7( @9:=98;?HL 7B;L=:( 4@6( 4F89849( -4 6=H;@95.(T87F;DY [46>=6( .=;:( 4A( -.= 54>F;9LU( ;9:( ]98<=678-L &.;95=HH46U( E86( #4>8985 &;:?@6L(7;8:U(XT87F;(.;7 ;HB;L7( ?==9( ;( F=6749;H A;<4@68-=(4A(>89=DY

A6)'+4%$0'/+'-%$0

E-@:=9-( =H=5-8497 E3)>)'E3.)%31/)&5 /V( ( I49:;L( 119:( ;9: 0.@67:;L( 1*6:( /5-4?=6U 7-@:=9-7(B8HH(?=(<4-89J(-4 =H=5-( -.6==( 9=B( Z@8H: 4AA85=67(;7(B=HH(;7(:4^=97 4A(Z@8H:(&4@958HH467D N4HH89J( 7-;-8497( B8HH ?=( ;<;8H;?H=( 49( 5;>F@7 74( -.;-( <4-=7( 5;9( ?= -;K=9( A46( -.=( 9=B N47-J6;:@;-=( ;9:( I;-@6= E-@:=9-7( /AA85=6( bNIE/cU %9-=69;-849;H( E-@:=9-7 /AA85=6( b%E/c( ;9:( -.= T;6:=9D(( 0.=(NIE/(;9:(%E/(;6= 949G7;??;-85;H(4AA85=67(4A -.=( "_=5@-8<=( 54>>8--==U 74( B8HH( .=HF( 7.;F=( -.= Z@8H:C7( F4H85L( ;9: ;5-8497U( ;7( B=HH( ;7( >==-G 89J( -.=( 9==:7( 4A( -.=( F;6G -85@H;6( J64@F7( 4A( 7-@G :=9-7( -.=L( B=6=( =H=5-=: -4(6=F6=7=9-D(( 0.=6=( 87( 49=( 5;9:8G :;-=( A46( %E/U( I;:;H=9; VJ49J4H;U( ;9:( 8A( =H=5-=: 7.=( B8HH( B46K( -4( >;K= 7@6=(-.;-(877@=7(;AA=5-89J 89-=69;-849;H( 7-@:=9-7 ;6=( .=;6:( ;9:( ;5-=: @F49D(0.87(F478-849(87(@F A46( =H=5-849U( ?=5;@7=( -.= F=6749( =H=5-=:( 89( I;65.

7-44:(:4B9D(( 0.=6=( ;6=( -B4( 5;9:8G :;-=7( A46( NIE/U( VJ@L=9 0.8( I89.( M9.( hi=7785;C ;9:(08;69;5.(I449=LD 0.87(F47-(B;7(56=;-=:

?=5;@7=( 4A( -.=( F;6-85@H;6 9==:7( 4A( -.=( 78J98A85;99@>?=67(4A(7-@:=9-7(B.4 ;6=( 94-( @9:=6J6;:@;-=7 46( B.4( B=6=( 4<=6( 1) B.=9( -.=L( ?=J;9( -.=86 54@67=D( &;9:8:;-=7( A46( -.=7= -B4(F478-8497(.=H:(;(.@7G -89J7( 49( T=:9=7:;L )3-.U( ;H-.4@J.( ;--=9G :;95=(B;7(=_-6=>=HL(H8>G 8-=:D 0.=( T;6:=9( =H=5-849 87( ;H74( -;K89J( FH;5=U ?=5;@7=( -.=( 5@66=9-( 4AA8G 5=6( 6=78J9=:( >46=( 54>G >=9-( ?=5;@7=( 4A( -.= 9;-@6=(4A(-.=(O4?D((]9H8K= 4-.=6( =H=5-8497( -4( ;( F4789( -.=( Z@8H:U( 5;9:8:;-=7 ;6=(94-(;HH4B=:(-4(?=(5@6G 6=9-( 7-@:=9-7U( ;7( -.=L F=6A46>( ;9( ;:<8746LU 4<=678J.-( ;9:( 89<=7-8J;G -8<=( 64H=( 89-4( -.=( :=58G 78497( ;9:( ;5-8497( 4A( -.= "_=5(;9:(-.=(%9:=F=9:=9&.;867U( ;9:( -.=L( ;6=( 89 4AA85=( A46( -.6==( L=;67 6;-.=6(-.;9(49=D(( 0.=6=( .;<=( ?==9 P@=7-8497(6;87=:(;7(-4(-.= 5;@7=( 4A( -.=( 6=78J9;-849U ;-( ;( -8>=( 49( 49J489J 89<=7-8J;-8497(;9:(;(54>G FH=_( J4<=69;95=( 6=<8=BD E-@:=9-7(B8HH(;H74(?=(5.4G 7=9( -4( ?=54>=( Z@8H: &4@958HH467( -4( 6=F6=7=9-.=( -.4@J.-7( 4A( 7-@:=9-7 89( 74>=( 4A( -.=( ;5;:=>85 :=F;6->=9-7D((%9(;HH(=H=5G -8497U( <4-=67( 5;9( 4F-( -4 !=G/F=9( V4>89;-8497( 8A -.=L( B;9-( >46=( 5;9:8G :;-=7(-4(7-;9:D( I46=( 89A46>;-849( 87 ;<;8H;?H=( 49( BBBDJ@8H:G 4A7-@:=9-7D54>(;9:(A64> -.=(F4HH89J(7-;-8497

"#$%&'()*+ ]&](?4L54--(4A(%76;=H8(@98<=678-8=7(:==>=:(8HH=J;H E%98)&'F41/)&5 0S"( ]98<=678-8=7( ;9: &4HH=J=7( ]9849C7( b]&]c F64F47;H( -4( ?4L54-%76;=H8( @98<=678-8=7( .;7 ?==9(:==>=:(8HH=J;HD( M( 7-;-=>=9-( A64>( -.= ]&](7;8:(-.;-(-.=(?4L54-XB4@H:( 6@9( ;( 7=684@7( 687K 4A( 89A689J89J( :87568>89;G -849(H=J87H;-849YD( %9( I;LU( :=H=J;-=7( ;-.=( @9849C7( ;99@;H( 549G J6=77( 89( $4@69=>4@-.

F64<4K=:(;(A8=65=(89-=69;G -849;H(:=?;-=(?L(;:4F-89J ;( 6=74H@-849( F;<89J( -.=

B;L( A46( -.=( 5@--89J( ;5;G :=>85( -8=7( B8-.( %76;=HD 0.87( B;7( 89( F64-=7-( ;B.;-( -.=( 6=74H@-849 :=7568?=:( ;7( X-.=( 54>G FH858-L(4A(%76;=H8(;5;:=>8; 89(-.=(455@F;-849YD( 0.=( >4<=( B;7 ;FF64<=:(?L()Ra(<4-=7(-4 ,,D S4B=<=6U( 89( H8J.-( 4A -.=( ;:<85=U( B68--=9( ?L `46:(`=7-=6(d&U(-.=(@9849 .;7( ;94@95=:( -.;-( -.;-( ; A89;H( <4-=( 49( ;( ?4L54-54@H:( 94-( J4( ;.=;:U( ;7( 854@H:( 94-( 7F=9:( @9849 A@9:7( J;@J89J( 4F898497 49( ;( >=;7@6=( -.;-( 54@H:

B%/1%'C4/>).+/3D'%11)$3)5'-D'36)'-#D$#33

94-(?=(8>FH=>=9-=:D( 0.=( :=587849( B;7 6=5=8<=:( F478-8<=HL( ?L( ; 9@>?=6( 4A( .8J.( F64A8H= A8J@6=7D( Z=>>;( 0@>=H-LU -.=( N6=78:=9-( 4A( -.=( V]E B=H54>=:(-.=(>4<=e(XM9L ?4L54--( @9:=6>89=7( -.= %76;=H8( ;5;:=>857( B.4 7@FF46-( N;H=7-898;9 68J.-7YD( I=;9B.8H=U( $8HH !;>>=HHU( -.=( S8J.=6 ":@5;-849( >8987-=6U( B.4 .;:( -6;<=H=:( -4( %76;=H( -4 ;--=>F-(-4(5;H>(-.=(78-@;G -849U( 7;8:e( XM9( ;5;:=>85 ?4L54--( B4@H:( 94-( .;<= :49=( ;9L-.89J( -4( A@6-.=6 -.=( I8::H=( ";7-( F=;5= F645=77U( 89( A;5-( -.= 6=<=67=YD( 0.=( N6=78:=9-( 4A( -.= <85=G5.;95=HH467C( @>?6=HG H;( J64@F( ]98<=678-8=7( ]' N64A( !85K( 06;8946U( 7;8:U XT=C<=(7;8:(;HH(;H49J(-.;<85=G5.;95=HH467( B4@H: 94-( 7@FF46-( 7@5.( ;( 5;HHD /@6( <8=B( B;7U( ;9: 6=>;897U( -.;-( ;9L( 7@5. ?4L54--( B4@H:( -.6=;-=9 ;5;:=>85( A6==:4>( G 895H@:89J( -.=( A6==:4>( 4A ;5;:=>857( -4( 54HH;?46;-=

B8-.( 4-.=6( ;5;:=>857U 6=J;6:H=77( 4A( 9;-849;H8-L 46(H45;-849DY( ]&]( Z=9=6;H E=56=-;6L( E;HHL( S@9-( 7-;-G =:( -.;-( -.=( :=587849 B4@H:( ;HH4B( -.=( @98<=678G -L(-4(A45@7(49(-.=(@9849C7 XF68>;6L( 4?O=5-8<=U( -.= 6=F6=7=9-;849( ( 4A( 4@6 >=>?=67YD(Z489J(A@6-.=6U E;HHL( S@9-( ;H74( 89787-=: -.;-( -.=( 7-@:=9-7( 4A( -.= @9849C7()12U222(>=>?=67 B4@H:( 9=8-.=6( 7@FF46-( ; ?4L54--(5;HH(46(6=J;6:(8-(;7 ;(F68468-LD(( S4B=<=6U(;(F64>89=97@FF46-=6( 4A( -.=( ?4L54-E@=( $H;5KB=HHU( B.4( 87( ; H=5-@6=6( ;-( $86>89J.;>U ;9:(49(-.=(]&](=_=5@-8<= 54>>8--==U( ;55@7=: -.47=( B.4( .;:( 46J;987=: -.=(;:<85=(4A(X?;:(A;8-.(f -.=L( B=6=( ( :=-=6>89=:( -4 F6=<=9-( -.=( -4@6D( %-C7( ; :87J6;5=YD( E.=( 5;HH=:( A46 -.=( ( A@HH( -=_-( 4A( -.=( H=J;H ;:<85=( -4( ?=( 6=H=;7=:( -4 -.=( ]&]( >=>?=67.8FU 7;L89J( -.;-( -.=( ;:<85= 54@H:( .;<=( ;( F64A4@9: 8>F;5-( 49( 4-.=6( ;5-7( 4A X89-=69;-849;H( @9849( 74H8G

:;68-LYD(( S=6( 5495=697( B=6= =5.4=:( ?L( N64A=7746 #;<8:( N=JJe( X%( ;> ;FF;HH=:( ?L( -.=( :=587849 f( %( :=>;9:( -.;-( ]&] >=>?=67( ?=( F64<8:=: B8-.( -.=( 54>FH=-=( ( H=J;H ;:<85=U( -.=( 9;>=( 4A( 8-7 ;@-.46( ;9:( -.;-( B=( ?= 89A46>=:(B.4(F;8:((A46(80.=( @9849( ;FF=;67( -4 ?=( 89.8?8-89J( A6==( 7F==5. ;9:( :=?;-=g( 94-( 49HL B4@H:(-.87(?=(@9=-.85;HU(8B4@H:( ;H74( ?=( <=6L @9B87=(;9:((H8K=HL(-4(.;<= ;9( =AA=5-( -.;-( 87( 4FF478-= -4(-.=(49=(89-=9:=:YD( MH-.4@J.(-.=(]&](B8HH 94( H49J=6( A;58H8-;-=( -.= ?4L54--U( E@=( $H;5KB=HH 7;8:(-.;-(7.=(;9:(.=6(F64G ?4L54--( 54HH=;J@=7( B8HH B46K(-4(874H;-=(%76;=H8(@98G <=678-8=7( @9-8H( N;H=7-898;9 ;5;:=>857(7-4F(5;HH89J(A46 -.=(?4L54--D((E.=(89787-=: -.;-( -.=( N;H=7-898;9( ;5;G :=>857(B=6=(XA=:(@F(B8-.

5.;68-LU( ( 8-( 87( 94( J44:( 8A -.=( 455@F;-849( :4=79C=9:YD

,-./$0 -./)1+ 2#$3#.+'1/45'3##367 -.8+6'/4'*#9%4:+ 4#+) #45-467( 89( %9:8;( .;<= 6=>4<=:( ;( -44-.?6@7.

A64>( ;( B4>;9C7( 947=D E.=( ;FF64;5.=:( ;( .47G F8-;H( 89( I@>?;8( -B4 >49-.7( ;J4( 7@AA=689J A64>( 7=<=6=( F;89D( 0.= ?64K=9( -44-.?6@7.

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

)*+'

%"T$%(!L,UVUW,! UX24,)!')$"%,YZZ[

"#$%&'()*+'

!

C-67.9,$<-86,A732:=B,2:/-B <C.**8#("&$=*.=#806 @77>'(#8(E@#0>(2/'87.C(F7186(71(0#$%&'G(#13 <&13**%(H76#@ *I%@7.*'(86* %#'8(#13(%.*'*18('8#8&'(7-(86*(0#$%#/41 !"#"$%&'()*+, -./ 010.23,4-10,500.,67867.9 :;;, -<<, :10=, 8->?@3, ;:= $<-86, A732:=B, C:.24D &=23, -./, 8=-;23, ;-7=3E 8->?-79., -F-=0.033 32-<<3E, ?:02=B, =0-/7.93 -./,:240=,010.23,4-10,-<< 500., 2-67.9, ?<-80, 7. :=/0=, 2:, =-730, -F-=0.033 :;, 240, 4732:=703E, 8@<2@=03 -./, 733@03, 3@==:@./7.9 5<-86E, &=-578, -./, &37-.

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

'A",=::23,:;,$<-86,A732:=B C:.24, F0=0, ;:=>0/, 7.

UXY\, 7., &>0=78-, -./ 32-=20/,7.,240,]L,7.,UX^[D $<-86, 4732:=B, >:.24 F-3, ;:@./0/, 5B, _-9F-.2 _:4-<, :., 504-<;, :; $7=>7.94->, !72B, !:@.87< -./E,37.80,240.E,4-3,4-/,9=:F7.9, .-27:.-<, 32-2@3 -./, 7>?-82, :., 240, 024.78 >7.:=72703, :;, 2473, 8:@.G 2=BD, Q=:>, -, 3>-<<, ;:@./-G 27:.E, 240B, 4-10, 9=-/@-<<B =0-840/,:@2,2:,240,?0:?<0 :;,240,]LE,5:24,5<-86,-./ F4720E, 24=:@94, 240, 0`?:G

3@=0,72,.:F,=0807103,;=:> 'a,84-..0<3D, &, 8:>>:., >738:.G 80?27:., :;, $<-86, 4732:=B >:.24, 73, 24-2, 72, =0?=0G 30.23, ?0:?<0, ;=:>, &;=78-.G!-=7550-., 40=G 72-90D, b$<-86, 73, >:=0, 24-., >0=0,367.,8:<:@=E,72,7/0.G 27;703, F724, 24:30, F4: 34-=0, -, 8:>>:., 5-86G 9=:@./E, 0`?0=70.80, -./ 4732:=Bc, 3-B3, , 240, 84-7=G >-.,#-330<<,AB<2:.D, A0, 3-7/S, b$<-86 A732:=B, C:.24, 73, -5:@2 2-67.9,27>0,2:,=0;<082,-./

80<05=-20, 240, 4732:=B, 24-2 4-3, 500., 47//0., ;:=, <:.9,27>0D )@=, -7>, 73, 2:, 600?

5<-86, 8@<2@=03E, 2=-/727:.3 -./, 40=72-90, -<710 502F00.,90.0=-27:.3Dc '40, 240>0, ;:=, $<-86 A732:=B, >:.24, )82:50=, 73 d%:@203,2:,Q=00/:>eD,, (., $7=>7.94->e3, '40 T=@>E, -., -=23, 80.2=0, 7. &32:.E, UWW, P:220=3, #-.0 4-10,500.,8=0-27.9,-F-=0G .033, 24=:@94, 8@<2@=-< -827172703D '473, B0-=, 73, -<3:, 240 34:F8-37.9, 240, ;7=32, 010=

.-27:.-<, 0`475727:., 80<0G 5=-27.9, 240, <7;0, :;, ;:=>0= 0.3<-10/, &;=78-., 3-7<:=E F-=, 1020=-.E, F=720=, -./ -5:<727:.732E,"f@7-.:D '40,0`475727:.,F7<<,50 40</, -2, 240, $7=>7.94-> C@30@>, -./, &=2, R-<<0=B @.27<, 240, UV24, _-.@-=B YZZ^D ':, ;7./, :@2, >:=0E, 9: 2:,FFFD5<-864732:=B;:@.G /-27:.D8:>D, b&, >-., F724:@2, -.B 4732:=B,73,<760,-,2=00,F724G :@2, -.B, =::23Ec, C-=8@3 R-=10BE,UXU[D

,-./0#1(2*#3(+.#%%/14 567879 :/;(<*#=.77> 4:>0, 8:@.2=BE, L0.B-D '40, $<-86, M, "24.78 C7.:=72703, );;780=E N-O>7., P-20<, 3-7/, $<-86 A732:=B, C:.24, 73, -, 9=0-2 :??:=2@.72B, 2:, =-730 -F-=0.033, :., 733@03 -;;0827.9, 5<-86, 32@/0.23D Q:=, >:=0, /02-7<3, :.

010.23,4-??0.7.9,-=:@./ 240, R@7</, ;:=, $<-86 A732:=B, C:.24E, 17372S FFFD9@7</:;32@/0.23D8: >D

"7$$*18

$7=>7.94->E,.:2,3:,9=00.k </$71(?/@@/#$' '&44*'8'(86*(A1/B*.'/8CD'(4.**1(0.*3*18/#@'(+*.*(8#>*1(#+#C(#(@/88@*(877(6#'8/@@C $(%C(*RA&C,F-3,9710.,d247=/eE, ;:=, 723, 0.17=:.G >0.2-<, ?0=;:=>-.80, 5B P0:?<0,-./,P<-.02e3,R=00. #0-9@0D '40, R=00., #0-9@0 8:>?-=03, -./, 8:.2=-323 UYZ, ]L, @.710=372703, 2: /0>:.32=-20, 2407= 32=0.9243,-./,F0-6.03303 F40., 72, 8:>03, 2:, 8-=7.9 ;:=,240,0.17=:.>0.2D '=01:=, +470</3E +@32-7.-57<72B, -./ ".17=:.>0.2-<, &/1730=, :; 240, ].710=372B, :; $7=>7.94->, 3-7/E, b( 32=:.9<B,;00<,2473,/:03,.:2 =0;<082, 240, ].710=372Be3 =0-<, 0.17=:.>0.2-<, ?0=G ;:=>-.80c,3-7/,D bQ@=240=, -.-<B373, :; 240, 2-5<0, 3@990323, VZghZ F:@</, 50, >:=0, =0-<73278i YSY, 8-209:=BE, F0, >7942 010., -847010, -, YSUc, 3-7/ +470</3 '40, 2-5<0, 2-603, 7.2: 8:.37/0=-27:., 240, ?0=G 80.2-90,:;,0.0=9B,5:@942 ;=:>, =0.0F-5<0, 3:@=803E F-320,=08B8<0/,-<:.9,F724 !)Y,0>7337:.3,;=:>,0-84 7.3272@27:.D, '40, ].710=372Be3 (.3272@20, ;:=, ".0=9B %030-=84, -./, P:<78B, -<3: =@.3, 9=:@?3, <::67.9, 7.2:

=0.0F-5<0, 3:@=803D, &.

0`->?<0, :;, F4784, 73, 240 R=00., ".0=9B, %030-=84 P=:9=->>0, 24-2, 8:.37/G 0=3,240,F7/0=,@30,:;,F7./ ?:F0=D '40, =03@<2, /0>:.G 32=-203E, b240, <:F, ?=7:=72B 9710., 2:, 240, 0.17=:.>0.2 ->:.932, 30.7:=, >-.-90G >0.23c, 3-7/, 240 ].710=372Be3, P0:?<0, -./ P<-.02,R=:@?D (.20=0327.9<BE, 240 ].710=372B, 7., YZZ\, =08BG 8<0/,Yhj,:;,723,F-320,-./ 2473, F-3, .:2, 2-60., 7.2: 8:.37/0=-27:., 5B, 240 <0-9@0,2-5<0D '40, ].710=372B, -<3: 7.32-<<0/,2F0<10,.0F,;@>0 8@?5:-=/3,7.,240,A-F:=24 5@7</7.9,24-2,8:.2=:<,B:@= 0`?:3@=0, 2:, 840>78-<3 -./, :240=, -7=5:=.0, 4-OG -=/:@3, >-20=7-<3D, '40 ;@>0, 8@?5:-=/3, @30, Vhj <033,0.0=9B,24-.,?=017:@3 >:/0<3D, b'40=0, 73, .:, =0-3:.

F4B, 240, ].710=372B, :; $7=>7.94->, 34:@</, .:2 50, 8-?-5<0, :;, >-67.9, 240 3->0, 0.17=:.>0.2-< 7>?=:10>0.23, -3, >-.B :240=, 7.3272@27:.3c, 3-7/, 3?:603?0=3:., ;:=, 240 P0:?<0,-./,P<-.02,R=:@?D,

(2, 73, ?:3375<0, 24-2, 240 <0-9@0, 2-5<0, =@<03, 4-10 <7>720/, 240, =03@<2, 24-2 8:@</, 4-10, 500., 9-7.0/ 5B,240,@.710=372BD, '40=0, 73, .:, 8=0/72 9710., 2:, 240, ].710=372B ;:=, 90.0=-27.9, -, 247=/, :; 723, 0<082=7872B, 24=:@94, 723 !:>57.0/, A0-2, -./ P:F0=, +2-27:., 3@990323 %-840<, $@==:F3E ].710=372B, A0-/, :; !:>>@.78-27:.3D b&<<, 24-2, 300>3, 2:, 50 >7337.9,73,240,F7<<,:.,240 ?-=2, :;, 240, 30.7:=, >-.G -90>0.2c, 32=0330/, 240 P0:?<0,-./,P<-.02,R=:@?D, '40, ].710=372Be3 ?=033, :;;780, =0?:=20/, :.

240, 3@8803303, 240B, -=0 4-17.9,-./,?<-..7.9D b'40, ].710=372B, 73 F:=67.9, 4-=/, 2:, =0/@80 723, 8-=5:., 0>7337:.3, -./ 73,?<-..7.9,;:=,240,;@2@=0 2:, 2-86<0, 240, <010<, :;, 8-=G 5:., 0>7337:.3c, 3-7/ $@==:F3D b*:2, K@32, 7>?=:17.9 240, ?0=;:=>-.80, :;, 0`732G 7.9,5@7</7.93,5@2,5B,<::6G 7.9, -2, :??:=2@.72703, 17240, /732=75@27:., -./, 90.G 0=-27:., :;, 0.0=9B, 30=178G 03c,3-7/,$@==:F3D &, 30<0827:., :;, ?=:KG

"7&@3(86*'*(@/468'(@*-8(71(=*(%#.8(7-(86*(%.7=@*$J(567879 H#C(<1*@@/14 0823, @./0=F-B, 7.8<@/03 '40, !-=5:., C-.-90>0.2 P<-.D, '40, ].710=372B 2:90240=, F724, 240, !-=5:. '=@32, 4-3, 8:>>7220/, 240 @.710=372B, 2:, -, UZj, 8-=G 5:.,3-17.9,7.,;710,B0-=3D, '40,!-=5:.,'=@32,-./ (-., R=09:=BE, 240, A0-/, :; ]27<72703E, -=0, F:=67.9, :.

2-86<7.9,8-=5:.,0>7337:.3 <010<3D,, '407=, ?=:K082, 4-3 300., 240, -??:7.2>0.2, :; 2F:,.0F,?:323,F:=67.9,:.

0.0=9B,0;;7870.8B,?=:K0823

-./, -, >-K:=, 0.0=9B, 0;;7G 870.8B, 3@=10B3, @./0=F-B 7., 240, ($%, -./, +?:=20` 5@7</7.93D, '473,73,-.,0`->?<0,:; 0.17=:.>0.2-<, -@/727.9 507.9, =@., ;:=, 240, @.710=G 372B,-./,-.,0`->?<0,:;,-.

-220>?2,2:,<::6,2:,508:>G 7.9,>:=0,0.0=9B,0;;7870.2D '40=0, F7<<, -<3:, 50, -.

0`20.37:., 2:, 240, /732=782 40-27.9, 3B320>, 24=:@94 240, 8=0-27:., :;, -, 320-> >-7., 24-2, F7<<, 3@??<B, 240 C0/78-<, +84::<E, ;:=, 240 ;7=32, 27>0, ;=:>, 240

!:>57.0/, A0-2, -./ P:F0=,0.0=9B,80.2=0D, )10=-<<E,240,=03@<23,:; 240, <0-9@0, 2-5<0, 4-10, .:2 2-60., 7.2:, 8:.37/0=-27:.3 .@>0=:@3, ?=:K0823, ?<@3 >-.B, >:=0, 7.727-27103 24-2, F7<<, 300, 7>?=:10/ 7.3@<-27:.E, .0F, <79427.9 -<:.9, F724, 240, ?=:?:30/ >:/0=., 80.2=-<, 8:.2=:< 3B320>,24-2,F:@</,0.-5<0 -, 90.0=-<, 3F7284, :;;, :; 5@7</7.93, F40., 240, @.7G 10=372B,73,8<:30/

! "#$%

!"#$!%&'()*)+(! ),-.(/&0/$"!(1223

Z:6Y<?(Z7IC< !<O<6-<= @/3'.57+A)-*7 4( !"5/!0( 6789:;<=( >?

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

5.:;7C79.?D(@E=(RS6:<E6<T U:6-:7E( @E=( &I;-IB<D( @B< 67C-:EQ( -@A9@?<BC( 7F<B V+28:;;:7E(@(?<@BP( %M( -.<( C@8<( @87IEL<B<( C9<E-( 7E( 7-.<B IE=<BQB@=I@-<CK( :-( 67I;= 6I-( -.<:B( M<<C( >?( V)2+( @ ?<@BP 0.<( B<97B-( ;:C-C( +2) GE7EH67IBC<CJ( @6B7CC $B:-@:E( :E( -.<( 1223H2W @6@=<8:6( ?<@BK( L:-.( ,) :EC-:-I-:7EC( 7MM<B:EQ( 7E< 7B(87B<(GE7EH67IBC<CJP(

0.<( XE:F<BC:-?( 7M #<B>?(L@C(6:-<=(@C(7MM<BH :EQ(+)(7M(-.<C<(C<<8:EQ;? ;<CCH-.@EH=:C-:EQI:C.<= 67IBC<CP( %-(:C(M<;-(-.@-(>?(>;IBH B:EQ( -.<( =:C-:E6-:7E ><-L<<E( ;<@BE:EQ( -.@B<NI:B<C( 87B<( C<B:7IC <BI=:-:7E( @E=( -.@-( L.:6.

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

S78<BM:<;= C-I=<E6@B=

$:B8:EQ.@8T(Q7-(-@;<E-f

B/3'0+C/**/)3%

#/(?7I(M@E6?(?7IBC<;M(@C -.<( E<A-( !:6Y?( `<BF@:C( 7B -.<( ;@-<C-( !7>>:< ^:;;:@8Cf( /B =7 ?7I .@F< @(-@;<E-(M7B C:EQ:EQ 7B( 678<=?f( %M( C7K( -.< Z7I-.(&@E6<B(U7IE=@-:7E E<<=C(?7Ig 4C( -.<( X'DC( ;<@=:EQ Z7I-.( &@E6<B( 6.@B:-?K 0.<( U7IE=@-:7E( :C( 7BQ@EH :C:EQ( @( IE:NI<( -@;<EC.7L(-7(B@:C<(@L@B<E<CCP( 0.<( Z7I-.( &@E6<B a7:6<( 4L@B=C( L:;;( Q:F< >I==:EQ( C:EQ<BC( @E= 678<=:@EC( -.<( 6.@E6<( -7 L:E( -.<( 9B:h<( 7M( @( ;:M<H -:8<P( 0.<( @L@B=C( @B<( CI9H 97B-<=( >?( B76Y( >@E= '779@K( $$&)( -<;<F:C:7E 9B<C<E-<B( [I;:@( $B@=>IB?K ;<@=(^<C-("E=(-.<@-B<(C-@B [I;:<( 4-.<B-7E( @E=( 678<H =:@E( \<;<E( ]<=<B<B( MB78 !"#$%&'(%)* +,"&%$&# L.7 .@C(M:BC-(.@E=(<A9<B:<E6<

4S( 8@E?( C-I=<E-C( C-:;; @=@9-( -7( IE:F<BC:-?( ;:M<K S78<BM:<;=( .@C( ;@IE6.<= @( C-I=<E-( =:C67IE-( 6@B= -.@-( L:;;( .<;9( <@C<( -.< L7BB?(7M(C.799:EQP 0.<(.:Q.(C-B<<-(6.@:E :C( -.<( M:BC-( CI9<B8@BY<-7( :E-B7=I6<( @( C-I=<E=:C67IE-( 6@B=K( L.:6.( :C @F@:;@>;<( -7( @;;( C-I=<E-C L.7(6@BB?(@E(_XS(6@B=P( $?(@99;?:EQ(M7B(@ 6@B=( :EHC-7B<K( C-I=<E-C @B<( @>;<( -7( Q@:E( de( =:CH 67IE-( 7E( @;;( M77=( @E= =B:EYP G0.:C( :CED-( @( -7Y<E Q<C-IB<( 7E<H7MM( =:C67IEC6.<8<( @:8<=( @-( MB<C.H <BCK( >I-( @E( 7EQ7:EQ( =:CH 67IE-(6@B=(-.@-(L:;;(.<;9 7I-( $B:-:C.( C-I=<E-C( @;; ?<@B(;7EQP( G^.:;<( ;:F:EQ( @L@?

MB78(.78<(8@?(><(<A6:-H :EQK( OIQQ;:EQ( >I=Q<-C :CED-( @E=( .79<MI;;?( -.:C L:;;( Q7( @( ;:--;<( L@?( -7 Y<<9:EQ(C-I=<E-C(:E(87B< -.@E( OIC-( >@Y<=( ><@ECKD C@:=( S@B@.( \:E-7E( 7M S78<BM:<;=P S78<BM:<;=( 6IBB<E-;? .@C(,22(C-7B<C(@6B7CC(-.< XE:-<=(':EQ=78P

:-#1+;#+<4/;.

7M(-.<(=:C<@C<(L.<E(@(M7BH 8<B( >7?MB:<E=( =:<=( MB78 87I-.(6@E6<BP 0.<( @:8( :C( -7( .:Q.H ;:Q.-( -.<( B:CY( M@6-7BC( 7M C87Y:EQK( =B:EY:EQ( @E= \5a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

67EF<E:<E-(-:8<P( Z<@EL.:;<K( -.<( M:BC9B:h<( M7B( -.<( ><C-( C:EQ<B 7B( QB7I9( 9<BM7B8@E6<( :C 7E<( =@?DC( C-I=:7( B<67B=H :EQ(-7(B<67B=(-.<(L:EE:EQ C7EQP #B( a:E7=( [7C.:( L.7 M7IE=<=( -.<( Z7I-. &@E6<B( U7IE=@-:7E( C@?C G0.:C( :C( -.<( M:BC-( Z7I-. &@E6<B(a7:6<(4L@B=C(L:-. @E(@:8(-7(B@:C<(@L@B<E<CC 7M(87I-.(6@E6<B(@87EQC-.<( C-I=<E-( 6788IE:-?

L.7( @B<( <A97C<=( -7( @ =B:EY:EQ( @E=( C87Y:EQ 6I;-IB<P( ^<( L@E-( @;;( C-IH =<E-C(-7(YE7L(-.@-(87I-.

6@E6<B( <A:C-C( @E=( L.@C?89-78C(-7(;77Y(7I-(M7B :E(7B=<B(-7(.<;9(L:-.(<@B;? =<-<6-:7Ei( -.<( a7:6< 4L@B=C(:C(@(MIE(L@?(-7(Q<7IB(8<CC@Q<(@6B7CCP( #7ED-(-@Y<(?7IB(F7:6< M7B(QB@E-<=gJ

,-#)./01+)$)-#0#%%+'2+3'4.5+()0(#-

&'()*+"#$%

XE:F<BC:-?(Q7<C(7E L:-.(B<C-BI6-IB< 6'007+89,)**)15)0 U/]]/^%_`( @( 97;;( 7M -.B<<( -.7IC@E=( C-I=<E-C ;@C-( @6@=<8:6( ?<@BK( -.< XE:F<BC:-?(7M($:B8:EQ.@8 L:;;( :E-<QB@-<( -.<( 6IBB<E@6@=<8:6( C6.77;C( :E-7 67;;<Q<C( -7( <ECIB<( -.< XE:F<BC:-?( ><678<C B<E7LE<=(M7B(-.<(@B<@C(:E L.:6.(:-(<A6<;CP UB78( 4IQIC-( 122WK <@6.( 7M( -.<( E:E<-<<E( @6@H =<8:6( C6.77;C( L:;; ><678<( BIE( >?( M:F<( C<9@H B@-<( 67;;<Q<CP( 0.:C( L:;; @;;7L( .<@=C( 7M( 67;;<Q<( -7 O7:E( -.<( S<E:7B Z@E@Q<8<E-(0<@8K(>B:EQH :EQ( -.<( @6@=<8:6( @E= M:E@E6:@;( @C9<6-C( 7M( -.< XE:F<BC:-?( 8I6.( 6;7C<B -.@E(:-(.@C(><<E(><M7B<P( 0.<( B<H 7BQ@E:C@-:7E( :C( <A9<6-<= -7(>B:EQ(87B<(6779<B@-:7E ><-L<<E( =<9@B-8<E-CK @E=( Q:F<( C-I=<E-C( -.< 9B<9@B@-:7E(-.<?(E<<=(M7B L7BY:EQ( :E( -.<( Q;7>@; <67E78?P 5B7M<CC7B( Z:6.@<;

S.<99@B=K( =I<( -7( B<9;@6< 6IBB<E-( a:6<H5B:E6:9@; 5B7M<CC7B( Z:6.@<;( &;@BY< :E( S<9-<8><B( 122WK( C@:=K G^.@-( L<( E<<=( -7( 8@Y< $:B8:EQ.@8( C9<6:@;( :C( -7 M76IC( 7E( -.<( @B<@C( :E L.:6.(L<(<A6<;JP Z@E?( M<<;( -.@-( -.<C< 6.@EQ<C( L:;;( ;<@=( -7( ;:--;< @6@=<8:6( B<;@-:7EC.:9 ><-L<<E( -.<( .<@=C( 7M =<9@B-8<E-( @E=( .<@=C( 7M 67;;<Q<CP 0.<( M:F<( 67;;<Q<C( b Z<=:6:E<K( #<E-:C-B?( @E= \<@;-.( S6:<E6<Cc( ]:M<( @E= "EF:B7E8<E-@;( S6:<E6<Cc "EQ:E<<B:EQ( @E=( 5.?C:6@; S6:<E6<Cc( 4B-C( @E=( ]@Lc @E=( S76:@;( S6:<E6<C( b( L:;; <@6.( .@F<( @( >I=Q<-( -7 C9<E=( 7E( :E=:F:=I@; =<9@B-8<E-CP( \7L<F<BK( :-( :C( M<@B<= -.@-( C78<( =<9@B-8<E-C 8@?(><(M@F7IB<=(:E(9;@6< 7M( 7-.<BCK( ;<@=:EQ( -7( -.< 6@E6<;;@-:7E( 7M( C8@;;<B G8:6Y<?(87IC<J(67IBC<CP 0.<( XE:F<BC:-?( L:;; 6B<@-<( @( E<L( <A<6I-:F< >7@B=K( 6.@:B<=( >?( -.< a:6<H&.@E6<;;7BK(7E(L.:6.

-.<( 9B7HF:6<H6.@E6<;;7BC L:;;(C:-(@;7EQ(L:-.(-.<(M:F< .<@=C(7M(67;;<Q<P( 0.:C( 6;<@B( C<9@B@-:7E ><-L<<E( -.<( =<9@B-8<E-C @E=( -.<( >7@B=( 67I;=( ;<@= -7( IE<=I6@-<=( =<6:C:7EC -@Y<E( M7B( 9@B-:6I;@B =<9@B-8<E-CP( 46@=<8:6 C6.77;C( 8@?( M:E=( -.<8H C<;F<C(IE@>;<(-7(OIC-:M?(@E <A9<EC<( L.:6.( :C( 6BI6:@; -7(-.<:B(B<C9<6-:F<(=<9@B-H 8<E-( -7( @( >7@B=( L.:6. =7<C( E7-( IE=<BC-@E=( -.< 6789;<A:-:<C( 7M( <@6.

C6.77;P ]@C-(?<@BK(@(6@89@:QE L@C( ;<=( -7( C6B@9( -.<( 9B7H 97C<=( M:F<( 67;;<Q<( C?CH -<8K( L.:6.( @99<@BC( -7 .@F<( ><<E( IECI66<CCMI;P ^:-.( -.<( B<CI;-C( 7M( -.< 97;;( C-:;;( E7-( 9I>;:6;?

B<;<@C<=K( :-( B<8@:EC( @ 8?C-<B?( @C( -7( L.@-( -.< C-I=<E-(F:<LC(L<B<(7E(-.< :E-<QB@-:7E( 7M( -.<( E:E<H -<<E(@6@=<8:6(C6.77;CP( _<F<B-.<;<CCK( 8@E? C-I=<E-C( 8@?( M:E=( G-.< B<C-BI6-IB<( ><E<M:-C -.<8JK( C@:=( #B( [7E@-.@E _:6.7;;CK( -.<( <AH!<Q:C-B@B

=/1+(5)01#%+)5#);+2'-+#>#-7'0#+'0+()3?4% @E=( S<6B<-@B?P( ( G%E( ;@BQ<B QB7I9:EQCK( @E=( @;C7( L:-. :E-<BH67;;<Q<( B<;@-:7ECK -.<B<( L:;;( ><( 87B<( <A6:-H :EQ(7997B-IE:-:<C(M7B(O7:E=<QB<<CK(=:MM<B<E-(C7B-C(7M =<QB<<(C-BI6-IB<C(@E=(=:MH M<B<E-( L@?C( M7B( -<@6.:EQ @E=( ;<@BE:EQK( 9<B.@9C 87B<( <@C:;?( -.@E( 6@E( >< -.<(6@C<(E7LPJ( U7B( 6IBB<E-( @E=( MI-IB< C-I=<E-CK( O7:E-( .7E7IBC

=<QB<<C( 8@?( ><678< 8I6.( 87B<( 67887E( =I< -7(@(;@BQ<(<89.@C:C(><:EQ 9;@6<=( 7E( 6779<B@-:7E ><-L<<E( =<9@B-8<E-CP %E6B<@C<=(:EF<C-8<E-(:E-7 :E-<BE@-:7E@;;?(C:QE:M:6@EB<C<@B6.( L:;;( @;C7( @;;7L C-I=<E-C( -7( ><678<( 87B< :EF7;F<=( L:-.( =<9@B-H 8<E-CK( L:-.( -.<( =<F<;79H 8<E-( 7M( -.<( XE:F<BC:-?DC <=I6@-:7E( 97B-M7;:7( ><:EQ

@:=<=( >?( >IC:E<CC( @E= :E=IC-B?(<A9<B-CP ^:-.( -.<( XE:F<BC:-?

C-:;;( .7;=:EQ( >@6Y( 7B IECIB<(7M(8@E?(=<-@:;C(7M -.<(E<L(67;;<Q<(C?C-<8K(:B<8@:EC( -7( ><( C<<E L.<-.<B(-.<(<MM<6-(7E(@6@H =<8:6( C6.77;C( L:;;( .@F< 87B<( @=F@E-@Q<C( -.@E =:C@=F@E-@Q<CP

E%:'

ZU_EZ"JA%[`[a%D [b&'%VJ#VEUZ%CSSc

.)88%&"

!

F0,"G'("0% '")35H(.)357

!"#$%&"'()*(+,-,

!,8#%/(9&*2%/$($2'1#''%'(0):('"#$%&"'(1)#/$(;%("0%(:,5(*)3:,3$( .)35(I,-/%0#3'"(",/4'(6)/"21' 2&("0%(<2$$/%(=,'" !"#$% &'(% )*+*% ,&-./% *00 12&% 32&% 455% 5-46% &'(% 42&7 ,.8(% 94-08:% 6*;< =*0(,&.;.*;% 2;.>(-,.&< ,&28(;&,%,&28<.;?%*1-4*8 '*>(% 1((;% &-*//(8: 2;*10(% &4% 34;&.;2(% &'(.,&28.(,@% #'(% 3*,(% 45% A'*0(8 B28*00*0% '*,% 1-42?'&% &'( /0.?'&% 45% &'(% ,&28(;&,% 45 )*+*%&4%42-%*&&(;&.4;@% #'(%CC%<(*-%408%12,.7

;(,,% *;8% 6*;*?(6(;& ,&28(;&% *&% &'(% D;.>(-,.&< 45% E-*854-8% .,% .;% 8*;?(45%5*.0.;?%'.,%8(?-((%.5%'( 3*;;4&%-(&2-;%&4%&'(%DA@ A'*0(8F,% 3*,(% 9*, '(*-8% .;% *;% ",-*(0.% 342-& *;8% '.,% /0(*% &4% -(&2-;% &4 2;.>(-,.&<%9*,%-(G(3&(8@%% H(&:% 9.&'% 9'*&% ",-*(0 ,((,% *,% *% &(--4-.,&% ?-42/ .;% 34;&-40% 45% )*+*:% 14&' &'(% ?4>(-;6(;&% *;8% &'(

I2/-(6(% J42-&% '*, -(52,(8% &4% 4/(;% &'(% 14-7 8(-%3-4,,.;?,@ ",-*(0% '*,% 304,(8% &'( 14-8(-% 3-4,,.;?,% 9.&' )*+*% *;8% 8(30*-(8% .&% * K'4,&.0(%&(--.&4-<F@% ";% -(*0.&<% &'.,% .,% ;4& /*-&.32*00<% ,2-/-.,.;?: 34;,.8(-.;?% $*6*,: 9'.3'%.,%.;%34;&-40%45%&'( )*+*% I&-./:% 3*00,% .;% .&, 34;,&.&2&.4;%54-%*%L.'*8%&4

.)#/$("0%'%(102/$3%&(0)/$("0%(4%5(")(6%,1%7

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

45% &'(% 9*00% .;% &'(% !(,& E*;O:% ",-*(0% '*,% /2&% ;*-7 -49% <(&% &*;?.10(% ,(32-.&< 1(;(5.&,%*'(*8%45%1-4*8(*&&(6/&,%&4%;2-&2-( /(*3(@%

>0%(>):%3()*(=$%&7 ?)&&5(@A.,//,B0,& %C6/,2&'(:05("0%("):%3(;/)14(:,'(&)(6,3,$2'% #$"I% <(*-:% 8(,/.&(% 9'*& &'(% D;.>(-,.&<% 6.?'&% ,*<: *3346648*&.4;% 54-% ,&27 8(;&,%*&%&'(%D;.>(-,.&<%45 E.-6.;?'*6% '*,% 1((;% * 6(,,@% Q-46% 0*,&76.;2&( &(6/4-*-<% *3346648*7 &.4;% *&% J'(09448:% &4% ,&27 8(;&,% 1(.;?% *,O(8% &4 *//0<% 54-% '*00,% /-.>*&(0<: 6*;<% ,&28(;&,% '*>( 542;8% .&% &42?'% &4% 043*&( ,46(9'(-(% &4% 0.>(% .;% &'( 5.-,&%<(*-@ #'.,% 346(,% *,% 0.&&0( ,2-/-.,(% &4% &'4,(% 9'46 (R/(-.(;3(8%,.6.0*-%/-417 0(6,% *,% 5-(,'(-,% G2,&% 0*,& <(*-@ ";% CSST:% "% 9*, =-(,.8(;&%45%U8(;%#49(-%7 &'(% /*-&% 45% J'*61(-0*.; 9'.3'%9*,%304,(8%849;%*& J'-.,&6*,%&.6(%7%*;8%&'., <(*-% "% *6% =-(,.8(;&% 45 V/*0% V;(% W*% ;(9% /-.>*&( '42,.;?%1043OX@%

YZ(,.8(;&,%*14>(% &'(%[S&'%5044-%8.8% \V#%*?-((%&4%8.(% .;%&'(%(>(;&%45%*% 5.-(]%

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

P% 9((O% 0*&(-:% &'( -2642-,%1(3*6(%5*3&@ H42%94208%&'.;O:%34;7 ,.8(-.;?%&'(.-%,/(3&*320*5.-,&%5*.0.;?%&'*&%&'(%64>( 5-46%U8(;%#49(-%&4%'42,7 (,% .;% I(00<% V*O% 94208% 1( ,9.5&:%/*.;0(,,%*;8%'*,,0( 5-((@% P5&(-% *00:% -(,.8(;&, 9(-(% 5.-,&% <(*-% ,&28(;&, 9.&'% 0.&&0(% O;490(8?(% 45 &'(% E.-6.;?'*6% *-(*:% ;4 .8(*% 9'(-(% (R*3&0<% 9( 9(-(% 64>.;?% &4% *;8% 5*37 .;?%&'(%/-4,/(3&%45%04,.;?

34;&*3&% 9.&'% 6*;<% 45% &'( 5-.(;8,% 9(% '*8% 6*8(% .; &'(%5.-,&%&(-6@% $49(>(-:% 6*;<% ,&27 8(;&,% -(,4-&(8% &4% 5.;8.;? &'(.-% 49;% '42,.;?% *;8 (>(;&2*00<% 0.>(8% *,% ,(37 4;8%<(*-,%84%.;%4;0<%&'(.,(34;8% &(-6% *&% 2;.>(-,.7 &<@% B*;<% ,&28(;&,% &'., <(*-% '*>(% '*8% ,.6.0**3346648*&.4;% /-417 0(6,% *;8% (^2*00<% /44,(->.3(% 5-46% $42,.;?

I(->.3(,@% P&% 0(*,&% [SS E.-6.;?'*6% I&28(;&,% *& V/*0% V;(% 9(-(% 54-3(8% &4 *//0<%/-.>*&(0<%&4%&'(%'*00 .;%4-8(-%&4%-(3(.>(%*33467 648*&.4;@%

>0%(2&*,8)#'(=$%& >):%3 I46(% 5.-,&% <(*-% ,&27 8(;&,%'*>(%(>(;%(;8(8%2/ .;%'42,(,%.;%I(00<%V*O%*;8 '*>(% 6,.,(8% 42&% 4;% &'( '*00,% (R/(-.(;3( *0&4?'(&'(-@ B<% '*00% (R/(-.(;3(: *0&'42?'% ,'4-&70.>(8:% 9*, *;%*6*+.;?%4;(@% =(-'*/,% 4;(% 8*<: 9'(;% &'(% ;(9% 346/0(R 9'(-(% B*,4;% $*00% 9*, /-(>.4,20<% ,.&2*&(8% *;8 J'*61(-0*.;% (>(;&2*00< -(74/(;,:%,&28(;&,%9.00%1( *10(%&4%(;G4<%*%'*,,0(%5-(( 5.-,&% <(*-% *&% &'( D;.>(-,.&<@

E)(I,38,&J5 Pdd% &'.,% &*0O% *142& )4-84;% E-49;F,% (0(3&.4; /-410(6,% .,% >(-<% 14-.;?@ $(% 6*<% '*>(% '*8% *% 1*8 =-.6(% B.;.,&(-F, e2(,&.4;,:% 12&% &'*&% 84(, ;4&%-(*00<%6*&&(-@% \4148<% 9*&3'(, =Be,% *;<9*<:% 4-% O;49, 9'*&% '.,% Yf.,.4;% 54E-.&*.;]% .,@% V;0<% &'*&% .& 34;,.,&,% 45% )4-84; E-49;%1(.;?%.;%/49(-%54*&% 0(*,&% *;4&'(-% (.?'&((; 64;&',%4-%,4@ ";,&(*8:% 0(&F,% &*0O *142&% $*--.(&% $*-6*;@ H42% '*>(% /-41*10<% 54-7 ?4&&(;%9'4%,'(%.,%*0-(*8< 7% ,'(% 94;% &'(% d*142_(/2&<% d(*8(-,'./% 34;7 &(,&%(*-0.(-%&'.,%<(*-@% !'.3'% ,2-/-.,(8% 6(@ P,% *% d*142-% /*-&<% 6(67 1(-% "% >4&(8% .;% &'(% (0(37 &.4;:% *;8% $*--.(&F,% 3*67 /*.?;% ,((6(8% &4% 1(% &'( 94-,&@% !4-,(% (>(;% &'*; $*+(0% E0(*-,% 7% *;8% &'( ,.?'&% 45% $*+(0% E0(*-,% 4; &(0(>.,.4;% 2,2*00<% 6*O(, 6(% 9*;&% &4% ?42?(% 6< (<(,% 42&% 9.&'% -2,&< ,/44;,@% $*-6*;F,% 3*6/*.?; ,((6(8% &4% -(,&% 4;% &94 6*.;% /0*;O,@% #'(% 5.-,& 9*,% (,,(;&.*00<% Yf4&(% 546(% 1(3*2,(% "% *6% * 946*;]@%#'(%,(34;8%9*, &4% ,*<% &'*&% d*142-% 42?'& &4% */404?.,(% 54-% &'(% "-*^ 9*-@ V;% 0*,&% 9((OF, e2(,&.4;% #.6(:% $*-6*; *?*.;% 34;5.-6(8% '(Y044,(% 3*;;4;]% ,&*&2,@ P,O(8% 9'(&'(-% )4-84; E-49;%,'4208%'*>(%3*00(8 *;% (0(3&.4;% W++++gX $*-6*;%,*.8%,'(%&'42?'& &'*&% =*-0.*6(;&:% ;4&% &'( =-.6(% B.;.,&(-:% ,'4208 8(3.8(% 9'(;% &4% 3*00% *; (0(3&.4;@ =*-0.*6(;&% *0-(*8< '*,%&'(%6(*;,%&4%84%&'.,: &'-42?'%*%>4&(%45%;4%34;7 5.8(;3(% 64&.4;@% $*>.;?

5.R(87&(-6% =*-0.*6(;&, .,:% '49(>(-:% *% ,(/*-*&( *;8%1(&&(-%.8(*@ d.O(% 6*;<% 45 $*-6*;F,% .8(*,:% &'., ,((6,% 9(0076(*;.;?% 12& 3-*/@%% =(-'*/,% 9(% ,'4208 G2,&% /2&% $*--.(&% $*-6*; *;8% U8% E*00,% .;% *% 32/7 14*-8% 4-% ,46(&'.;?:% *;8 0(&%&'(6%42&%*5&(-%d*1429.;,% &'(% ;(R&% (0(3&.4;@ #'(<%9.00%3*2,(%0(,,%8*67 *?(%&'(-(@ =&$( )*( $5&,'"5

"0%(

K<2&BG

d.1(-*0%_(643-*&%B=, 6*O(% 2;0.O(0<% *,,*,,.;,: 12&% &'(<% '*>(% ;49 ,&*11(8% &94% 0(*8(-,% .; &'(% 1*3O% 9.&'.;% ;.;(&((; 64;&',@%

"% 5((0% ,4--<% 54B(;+.(,% J*6/1(00: 9'4,(%4;0<%5*20&%9*,%;4& '.,% *1.0.&<% 4-% '.,% >.(9,: 12&% '.,% *?(@% \49% &'(.3*-(&*O(-% 0(*8(-% .,% f.;3( J*10(:% *% 6*;% 9'4% 044O, 0.O(% B(;+.(,:% 12&% 9.&' 0(,,%'*.-%*;8%12,'.(-%(<(7 1-49,@% =4&(;&.*0% 0(*8(-, '*>(% 2;&.0% `[,&% V3&41(&4% &'-49% &'(.-% ;*6(% .;&4 &'(%'*&@ _*>.8% d*9,:% *% d.1 _(6% ,/4O(,6*; *//(*-(8% 4;% J'*;;(0% a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d.1 _(6,%;((8%*%>4&(%9.;;(-: ,46(4;(% 9'4% &'(% >4&(-, -(34?;.,(@% !'.3'% .,% 9'< &'(% ;(9% 0(*8(-% ,'4208 (.&'(-% 1(% J'*-0(, A(;;(8<%4-%d(61.&%V/.O@ "5% &'(% d.1% _(6, ,'4208% (61-*3(% BJ'((O<% *,% &'(.-% ;(9 0(*8(-:% *&% 0(*,&% '(% ., -(34?;.,(8% 1<% 64,&% 45 &'(% ?(;(-*0% /210.3:% *;8 &'.,%342;&,%54-%64-(%&'*; /40.3<% &48*<@% P,% P0.,&*._*-0.;?%'*,%,'49;:%.5%<42 84;h&% '*>(% *% /40.3<% 45 <42-% 49;:% G2,&% ;.3O% &'( 4//4,.&.4;h,@% L&$(*2&,//5M d*2?'.;?%*&%&'(%d.1%_(6, .,% '*-60(,,% (;42?':% 12& 0*2?'.;?% *&% #4-.(,% ., 623'%64-(%52;@% #'(<%9(-(%0(5&%ij6.07 0.4;% .;% &'(% 9.00% 45 E-*;.,0*>% A4,&.3@% I*80<: '(% '*8% 1((;% ,255(-.;?

5-46% ,(-.42,% 6(;&*0 '(*0&'%/-410(6,:%*;8%9*, 34;>.;3(8% 4;0<% &'( J4;,(->*&.>(,% 34208% /-47 &(3&% '26*;.&<% 5-46% (>.0 ,/.-.&,@ #'.,% 9((O% *% G28?( 54-3(8%&'(6%&4%-(&2-;%&'( 64;(<%&4%'.,%5*6.0<:%*;8 -20(8% &'*&% B-% A4,&.3 94208% ;4&% '*>(% ?.>(;% &4 &'(%J4;,(->*&.>(%=*-&<%Y.5 '(% 9(-(% 45% ,*;(% 6.;8]@ !(00:%9'4%94208N

! "#$%&'$()

!"#$!%&'()*)+(! ),-.(/&0/$"!(1223

REDBRICK LETTERS

456786(869:(755(56--6;8(-<('*#+'$,-./0$)#1+2(31(,10-14=6--6;8(><;(?@A5BC7-B<9(D@8-(A6(D7;E6:(F><;(?@A5BC7-B<9G(79:(B9C5@:6(H<@; 97D6(79:(C<@;86(-B-56I(=6--6;8(JB-.<@-(-.686(:6-7B58(JB55(9<-(A6(?@A5B8.6:I(K6(;686;L6(-.6(;BM.-(-<(6:B-(56--6;8I

"#$%&'$() 4;<.BAB-B<9(<;(56M75B87-B<9[(K.BC.(8B:6(7;6 H<@(<9[ !BC.7;:( $;@98-<;DN( -.6 &.B6>(&<98-7A56(<>(O<;-.

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

%>( H<@( 7;6( B9-6;68-6:( B9( J;B-B9M( ><; :"#$!%&'; 6B-.6;(C<9-7C-(-.6(;656L79-(86CR -B<9( 6:B-<;8( @8B9M( -.6B;( 6D7B5( 7::;68868 5B8-6:(A65<J(<;(C<D6(-<(-.6(86C-B<9(D66-R B9M8( J.BC.( 7;6( .65:( B9( -.6( Y-@:69#6L65<?D69-(7;67(<>(-.6(P@B5:c

V84)*/()$8(%$&:4'*())74%2*4(:8?*'W4

>*?84"#$%&'8 O7H.7('75B7 YH;66-7(&@DA6;A7-C. 4.B5B?(\<;:79 !"#$!%&'(")*+,-./0%12&-23' @*(%0'*84"#$%&'8 Z7;-.7($6:><;: &<;H(S7V56.@;8-( !"#4"0.3!"*+,-./0%12&-23' A08$,4"#$%&'8 \7D68(#B5E8 $6CEH(0;6996; !"#$!%&'/3*%&+,-./0%12&-/ ='%84B4;0)%0'*4"#$%&'8 S6569(&;@-C.6; Y7;7.($57CE7AH

5".&31.3!01!"#$!%&'+,-./0%12&-/

C$#*&/(3*84"#$%&' /55H(Z<88

D$E*8%7)*4"#$%&' %>@(%>67C.< !"#$!%&'1%4"*.61"+,-./0%12&-23' @$)34"#$%&'8 %L79(!7:><;: =7@;7(S@D?.;6H8 !"#$!%&'4%1/+,-./0%12&-/ FC4"#$%&'8 Q7;<9(!<7C.($;B:M6D79 Q7;<9(K;BM.-

!"#$!%&'7."1"8%*%-(+,-./0%12&-23'

G6&'%4"#$%&'8 #<DB9BC(#7LB8 OBCE(S<J7;: !"#$!%&'*9-!.+,-./0%12&-/ ;2$*E4H2&%&/'(62*' =BV(Y67A;<<E

O6J8c(0@68:7H(_?D ]67-@;68c(K6:968:7H()1?D Y?<;-c(];B:7H()?D Q;-8(d(&@5-@;6c(K6:968:7H(+I*2?D

H'&&E'*(#*'8 Y<?.B6($7B56H 4<55H(":J7;:8 &7-(]<;:6 47@5('B??69 &.7;5<--6('@DD6; "DD7(=79M><;: ];79C68C7(Z7C97M.-69 Q;8.669(!7T?7; ]65B^(!6.;69 9:)$:*4G0+I"#$%&'8 =7@;7(#7LB68 S7;;B6--6(=7;:6; OBCE(!<A6;-8 Q9H7(&<@;&7-;B<97(4BCE7;: ZBE6(P;B>>B-.8 \<.7997($;<DB5<J '7-.7;B96(O@;86 !.H8(S7HJ7;:

Z@8BCc(K6:968:7H(+?D ]B5Dc(0.@;8:7H()I*2?D 0ec(Z<9:7H()?D =B>68-H56c(0@68:7H()1I*2?D eB:6<M7D68c(K6:968:7H(*?D f<@(C79(758<(M6-(B9L<5L6:(B9(-.6(?7?6;(AH C<DB9M( 75<9M( -<( <@;( ?;<<>;67:B9M( 868R 8B<9( B9( Y-@:69-( #6L65<?D69-( <9 K6:968:7H8(>;<D(+?DI

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

F&4,&:%(,%408P :"#$!%&' Q0$)#4&E4G%0#*:%8 "#/+(8%&:4H('-4J&(# R$'3$:/2(3 RST4MFU F*)*62&:*P442)1)(1_)(1+`1 "3($)P4 !"#$!%&'+53%1#2$,0/20&23' =#<*'%$8$:/P4 &<9-7C-("DB5H($7:M6;(B9(P@B5: Z7;E6-B9M(<9(2)1)(1_)(1_1_N 6IA7:M6;aM@B5:IA.7DI7CI@E :"#$!%&' B8( ?;B9-6:( -.;<@M. JJJIU@<-6D6?;B9-IC<DN( 2b+_ )*22(``3

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

*UDGXDWH FDUHHUV LQ FRQVXOWLQJ !"#$%&'()*+$')%&",($-.)/$01$*2( 30#&,4+$&.#5(+*$0#5.)'+.*'0)+$.), 3(4&&$6#(6.#($/0"$*0$*.7($.$%()*#.& #0&($')$,(8(&06')5$'))08.*'8( 9"+')(++$.),$*(%2)0&05/$+0&"*'0)+ *2.*$'-6#08($*2($3./$*2(/$06(#.*(: ;#01(++'0).&$,(8(&06-()*$'+$.$7(/ 6.#*$01$*2($*0*.&$$#(3.#,+$6.%7.5( 3($011(#:$<0"4&&$5(*$%0)*')"0"+ *#.')')5$90*2$10#-.&$.),$0)=*2(=>09 *0$().9&($/0"$*0$,0$/0"#$>09$3(&&: ?),$/0"4&&$5.')$+.*'+1.%*'0)$1#030#7')5$0)$+0-($01$*2($&.#5(+*@ -0+*$%2.&&()5')5$6#0>(%*+:$

A0#$6(06&($3'*2$*2($#'52* ')*(&&'5()%($.),$6(#+0).&$B".&'*'(+@ *2(#(4+$)0$%.#((#$B"'*($&'7( %0)+"&*')5:$C1$/0"4#($5()"')(&/ ')*(#(+*(,$')$9"+')(++$.), *(%2)0&05/@$3'*2$*/6'%.&&/$.

6#(,'%*(,$0#$.%*".&$D:E$.),$FDG HI?J$60')*+$0#$(B"'8.&()*@$6#(6.#( 10#$.$1"*"#($32(#($2'52 6(#10#-.)%($'+$.&&$')$.$,./4+$30#7: ?),$/0"4&&$9($#(3.#,(,$3(&&@$3'*2$. +.&.#/$01$KFE@GGG$6&"+$.)$.,,'*'0).& KEG@GGG$90)"+:

9LVLW DFFHQWXUH FRP XNJUDGXDWHV

I0-($.&0)5$*0$0"#$6#(+()*.*'0)$.), /0"$%.)$*.&7$*0$"+@$1'),$0"*$32.* &'1(4+$#(.&&/$&'7($2(#(@$.),$,'+%08(# 32.*$3(4&&$(L6(%*$1#0-$/0": 7R DWWHQG RXU HYHQW WH[W ¶(9(176· 1#(($*0$MGNGN$0#$50$0)&')($*0 #(5'+*(#$.),$1'),$0"*$-0#(: ?%%()*"#($'+$%0--'**(,$*0$9(')5$.)

(B".&$0660#*")'*'(+$(-6&0/(#:

!"##$%&''()*+,(%%&--%,./0*1%,(1(,2(34

*HWWLQJ VDWLVIDFWLRQ IURP D MRE ZHOO GRQH -XVW DQRWKHU GD\ DW WKH RIILFH IRU D KLJK SHUIRUPHU

8 4+#"56+%

=>?@=A3B#:":C#/ :D,*#E3)E@>=#FGG!

<3(&-$1='>)) X>>B# 1'.0# %2# ,*+ [+/0.-05#'1#,*+#-.,.$( ,+0$<# X'0;# *-2# /+9.( ,'# /.%&8# .J6# 10+2*+0Q2 1&.# 0+1.2+2# ,'# 9'# -7-56 -(8# ,*+# ('K+&,5# '1# +-,L %(9# +T-M,&5# 7*-,# 5'.

7-(,6#7*+(#5'.#7-(,#%,6 /+9%(2# ,'# 1-8+<# N'$+L M'';+8#8%((+02#2.88+(L &5# 2++$# $.M*# $'0+ -JJ+-&%(96# 8'(Q,# ,*+5` >K+05'(+# (++82# 2'$+ M*++0%(9# .J6# 2'# 7+ ,*'.9*,# 7+Q8# -,,+$J, ,'# 8'# ,*-,# a'0# 8+J0+22 5'.#+K+(#$'0+b#/5#70%,L %(9# '.0# M'&.$(# '(# ,*+ 2&%9*,&5# 10%K'&'.2# ,'J%M '1#8-,%(9< c(%K+02%,5# 8-,%(9# %2 -# 7'0&8# -J-0,# 10'$# ,*+ M*%&8*''8# 0'$-(M+2# '1 5'.,*d# %(# ',*+0# 7'0826 /+1'0+# 5'.# ,.0(+8# :Y< Z+%,*+0#'1#.2#J-0,%M.&-0L &5# 7-(,2# ,'# 87+&&# '( 7*5# 7+# -0+# ,-&;%(9 -/'.,# '.0# P5'.,*Q 8+2J%,+# ,*+# 1-M,# ,*-, (+%,*+0#'1#.2#%2#+K+(#F: 5+,6# 2'# J&+-2+# 8'(Q, /0%(9#,*+#2./U+M,#.J<#I, .(%K+02%,5# 5'.# 8'(Q, (++8# ,'# 7'005# -/'., +$/-00-22%(9# J-0+(,2 -0$+8# 7%,*# M*%&8*''8 J*','2<# ?-,%(9# %(2,+-8 /+M'$+2#-#$%(+1%+&8#'1 V.+2,%'(2# &%;+6# eN'7 2''(# 2*'.&8# A# &+, *%$f*+0# 2,-5# 'K+0`g# '0 eA2# %,# 70'(9# ,'# M*-(9+ $5# 1-M+/'';# 0+&-,%'(L 2*%J# 2,-,.2# /+1'0+# ,*+ 1%02,# 8-,+`g# a)*+ -(27+06# 1'0# ,*+# 0+M'086 %2#5+26#.(&+22#5'.#0+-&&5 -0+#,05%(9#,'#2M-0+#,*+$ '11b<# ]'.# M'.&8# U.2,# 8%2L J+(2+# 7%,*# 8-,%(9# -&,'L 9+,*+06# -(8# 'J,# %(2,+-8 1'0# %(,+0 *-&&f/&'M;f1&-,f2'M%+,5 %(/0++8%(9<# I1,+0# -&&6 7*+(#5'.0#&'K+#%(,+0+2, .J2,-%02# *-2# -&0+-85 2++(# 5'.# 2'//%(9 80.(;+(&5#%(#5'.0#J5U-L $-2# -,# F-$6# 7*-,Q2# ,*+ .2+# '1# 9+,,%(9# -&& 80+22+8#.J#1'0#-#8-,+#-, 3*-$'(`# A(# -# 7'0&8 7*+0+#0-(8'$#PJ.&&2Q#%( =%2-# -(8# '(+# (%9*, 2,-(82# -0+# (',# ,*+ +TM+J,%'(6# /.,# ,*+# 9+(L +0-&# 0.&+6# 8-,%(9# *-2 U'%(+8# J-(8-26# J'&-0 /+-026#-(8#O-0,%(#h'&#'( ,*+#+(8-(9+0+8#&%2,< @.,# 7+Q0+# '&8# 1-2*L %'(+8# *+0+# -,# !"#$%&'(6 -(8# ,*%(;# 8-,%(9# %2# -( %$J'0,-(,# M'0(+0L2,'(+

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i# '(# .2<# A1 5'.Q0+# 2%(9&+# -(8# &'';L %(9# 1'0# &'K+6# -JJ&5# 1'0 P3-$J.2#O-,+Q#/5#2+(8L %(9# 5'.0# 8+,-%&2# ,'# 0+8L 1+-,.0+2^*',$-%&<M'<.; -(8# @%0$%(9*-$Q2# '7( 3%&&-# @&-M;a2b# 7%&&# 2+, 5'.# .J<# I&&# 7+# -2;# %( 0+,.0(# a/+M-.2+# ,*+0+Q2 -&7-52# 2'$+# 2$-&& J0%(,b# %2# ,*-,# 7+# -0+ -&&'7+8#,'#2*-0+#,*+#U'5 a'0# *'00'0b# '1# 5'.0 +TJ+0%+(M+# 7%,* !"#$%&'(Q2# 0+-8+02<# I ,%(5# J0%M+# ,'# J-5# 1'0 10++#J-(M-;+2j S'6#,*+#$'0-&#'1#,*+ 2,'05`# X*+,*+0# 5'.Q0+ %(#-#0+&-,%'(2*%J#'0#2%(L 9&+6#%,Q2#(+K+0#,''#&-,+#,' 9'# '.,# 1'0# -(# +K+(%(9 -(8# 2J+(8# 2'$+# ,%$+ ,'9+,*+0<#A1#5'.QK+#/++( *+2%,-,%(9# ,'# -2;# ,*-, 2J+M%-&# 2'$+'(+6# 7+ 2-5# 9'# 1'0# %,<# E0# +&2+ -JJ&5# 1'0# P3-$J.2 O-,+Q<# I1,+0# -&&6# +K+05L '(+#(++82#2'$+,*%(9#,' /0%9*,+(# .J# 7++;# 1'.0< Z'7# 7+Q0+# '11# ,'# 1%(8 '.0# 3.J%8# /'72# -(8 -00'72<# S++# 5'.# (+T, 7++;j

D#6'()'"*+',++-.

?5("+'()'"*+',++-.

!"#"$%"$&'()'"*+',++-.

S,+&%'2#I0M-8%'(6#-#J+0L 1'0$+0#-(8#J*%&'2'J*+0 &%K%(9#%(#I.2,0-&%-6#*-2 *-8#-(#+T,0-#+-0 -,,-M*+8#,'#*%2#-0$<##N+ 8+2M0%/+2#,*%2#-88%,%'( -2#e-(#-.9$+(,-,%'(#'1 ,*+#/'85Q2#1'0$g< ?+2J%,+#,*+#1-M,#,*-,#*+ *-2#0+M+%K+8#7%8+2J0+-8 M0%,%M%2$6#7+#,*%(;#%,Q2#1-(,-2,%M#%8+-<##P>-0#P+-0l

eH'';#-,#$+#-(8#,*%(;#'1#I0('&8#SM*7-0k+(+99+0g @#;$:'<#8+6(1'(1'"*+'A'+68'A'(2;$(5%'%$8$3#6$"$+% 2+",++1'*$8%+3)'#1:'"*+'B+68$1#"(6CCC'

!"# $%&&%'( )*+# ,',-&# (.$/+0# '1 $+$/+02#'1#,*+#3*%(+2+ 3'$$.(%2,# 4-0,56# 7*' -0+# *'&8%(9# ,*+%0# :!,* 3'(90+22#,*%2#7++;<#

0#$1"'$"'23#&I2# J+'J&+# -0'.(8# ,*+# 7'0&8# M+&+L /0-,+# @&-M;# N%2,'05# O'(,*6# ,*+ _.%&8Q2# @&-M;# -(8# O%('0%,5# >,*(%M S,.8+(,2# E11%M+06# 7#%8$1' 0#"+36 &%(;2# J-2,# +K+(,2# ,'# M.00+(,# M-$L J-%9(2#1'0#10++8'$#-(8#+V.-&%,5# @HI3B# J+'J&+# *-K+ -&7-52# /++(# -,# ,*+# 1'0+L 10'(,# '1# *.$-(# 8+K+&'JL $+(,# -(8# @&-M;# N%2,'05 O'(,*# %2# -# M*-(M+# 1'0# .2 ,'# 0+1&+M,# '(# -(8# M+&+L /0-,+#,*+%0#M'(,0%/.,%'(< P@&-M;Q# 0+1+02# ,' I10%M-(26# 3-0%//+-(26

-(#'JJ'0,.(%,5#,'#0+$+$L /+0# ,*+# 0+2%2,-(M+# '1# ,*+ +(2&-K+8# I10%M-(2# 7*' 7'0;+8# ,'# -/'&%2*# ,*+ S&-K+#)0-8+<#@&-M;#N%2,'05 O'(,*# 9%K+2# .2# -# M*-(M+ ,'#J.,#,*+#+11'0,2#'1#2.M* J+'J&+# %(,'# M'(,+T,# 7%,* '.0# 2,0.99&+# 1'0# U.2,%M+6

%2#,*+#,0-(2LI,&-(,%M#2&-K+ ,0-8+#,*-,#+(-/&+8#@0%,-%( ,'#/+M'$+#'(+#'1#,*+#0%M*L +2,# -(8# $'2,# J'7+01.& M'.(,0%+2# %(# ,*+# 7'0&8< S&-K+2# 7*'# 0+2%2,+8# 7+0+ 2./U+M,+8# ,'# 2+K+0+# /+-,L %(92# -(8# ,'0,.0+# %(# '08+0 ,'# 0+J0+22# 2.M*# /+*-KL %'.0<#)*+#I/'&%,%'(#'1#,*+ S&-K+# )0-8+# IM,# 7-2 J-22+8# %(# ,*+# @0%,%2* 4-0&%-$+(,#'(#FW,*#O-0M* :YG!<# A,# /-((+8# ,*+ @0%,%2*# M-J,.0%(96# ,0-(2L J'0,%(96# /.5%(9# -(8# 2+&&L %(9# '1# 2&-K+2# 10'$# :2, O-5#:YG!<# )*+# 2&-K+# ,0-8+# *-2 &+1,# $-(5# 8++J# 2M-02# %( I10%M-# -(8# -M0'22# ,*+ 7'0&8<#A,#0+2.&,+8#%(#M'.(L

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

03#1"#"$(1%'$1'"*+'!(5"*+61'!"#"+%'()'98+6$&#',+6+'#'&(88(1':+%"$1#"$(1')(6'9)6$&#1'%3#;+% I2%-(26# -(8# I0-/2<# @&-M; N%2,'05#O'(,*#%2#-#M*-(M+ 1'0# .2# ,'# M+&+/0-,+# ,*+ M*-(9+#$-8+#/5#%(8%K%8.L -&2# 2.M*# -2# O'*-$$-8 I&%6# O-0,%(# H.,*+0# B%(9 -(8# O-&M'&$# R<# A,# %2# -&2'

10++8'$#-(8#+V.-&%,5< @+,7++(#,*+#:W,*#-(8 ,*+# :D,*# M+(,.0%+2 I10%M-(2#7+0+#,0-(2J'0,+8 10'$# $-%(&5# X+2,# -(8 3+(,0-&# I10%M-# -M0'22# ,*+ I,&-(,%M# /5# >.0'J+-(2<# A,

Z@#i#=+8/0%M;#7%&&#(', /+#*+&8#0+2J'(2%/&+#1'0 -(5#5+&&%(96#,+-026#'0 /0';+(#('2+2#,*-, 'MM.0#-2#-#0+2.&,#'1#,*%2 M'&.$(<

E#6"$1'F5"*+6'G$1=.'#'=6+#"'*+6('$1'23#&-'*$%"(6H

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

8+M%8+# '(# M-$J-%9(26 +K+(,2#-(8#8%2M.22%'(2#,' 0.(# ,*0'.9*'.,# ,*+# 5+-0< 4&+-2+#+$-%&#$+#1'0#$'0+ %(1'0$-,%'(# '(# *'7# 5'.

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

9#%+.5#7

!"#$!%&'()*)+(! ),-.(/&0/$"!(1223

9

"#$#%&'()*+,#*"#$-&.+'-( '(*,'),*/#0'('+'-( 0.5( :A=-E<5B( 9G( :<9-5B-A>? $E66.AB-( D9>IB( .C75( <5B9>C-56 C<9E>6(-.5(;9<86H($E-(;.@(6A6(-.5@ >9-( .C75( -.5( BCD5( AD:C=-( -;5>-@ @5C<B(C?9b(:'63*;#+5'#*C<?E5B(-.C-.5( <AB5( 9G( -5=.>989?@( .CB( C889;56 :59:85( -9( B55( -.5( =E<<5>-( :<9-5B-B A>(C(6AGG5<5>-(8A?.%4( -.5( 657589:56( ;9<86 -5=.>989?@( AB( .C7A>?( C ?<5C-5<( AD:C=-( 9>( 9E< 6CA8@( 8A75B( -.C>( 575< F5G9<5H(0.5(>5-;9<IB(-.C5JAB-(C>6(-.5(657A=5B(-.CE-A8AB5( -.5D( C<5( .58:A>?

-9( 5>=9E<C?5( =.C>?5( C88 975<(-.5(;9<86H 0;5>-@(@5C<B(C?9K(-.5

DC-56(*K222($E<D5B5(=A-AM L5>BK( C8-.9E?.( B9D5 -.A>I( A-( =9E86( F5( CB( .A?.

CB( )2K222H( 0.5( 7A=-ADB A>=8E656( $E<DCRB $E66.AB-( D9>IB( ;.9 ;5<5(DC<=.A>?(A>(BE::9<9G(-.5(?5>5<C8(:9:E8C-A9>H Q>@( 9GGA=AC8( C==9E>9G( ;.C-( -99I( :8C=5( C>6

-.5( =9E>-<@( ;5<5( =9E>M -5<56( F@( <5:9<-B( 9>( -.5 B-C-5( >5;B( =9>-<C6A=-A>? ;.C-575<(;CB(F5A>?(BCA6H( Q8-.9E?.( -.5B5 :<9-5B-B( 6A6( 85C6( -9( -.5 GA<B-( G<55( 585=-A9>BK( A> ;.A=.( -.5( 4C-A9>C8 S5C?E5( G9<( #5D9=<C=@ :C<-@( -99I( C>( 975<<A6A>?

DCT9<A-@( 9G( -.5( 79-5K( >9 :<9?<5BB( ;CB( DC65 F5=CEB5(-.5(DA8A-C<@(TE>-C C>>E8856(-.5(<5BE8-BH 0.AB( 856( -9( -.5( =E<M <5>-( BA-EC-A9>( -;5>-@ @5C<B( 8C-5<H( QG-5<( 9E-<CM ?59EB( A>=<5CB5B( A>( -.5 :<A=5(9G(GE58K(-.5($E<D5B5 :9:E8C-A9>K( 9>( -.5( F<A>I 9G( F5A>?( -.<EB-( A>-9( GE<M -.5<( 5=9>9DA=( -E<D9A8K C<5( :<9-5B-A>?( C?CA>H U9;575<K( -.AB( -AD5( -.5 ;9<86( AB( -CIA>?( >9-5H !5:9<-BK( 7A659B( C>6 ADC?5B( C<5( 575<@;.5<5H

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

ADC?5B( C>6( C==9E>-B( -9 -.5( :EF8A=RB( C--5>-A9>H />5( BE=.( F89?( AB ;;;HD95DCICHF89?B:9-H 1*2-(3*#245%6#7*2-/#5(*+#6,(-&-)8

<#6,(-&-)8*,%7*%&&-=#/*+,#*>'6+.5#7*-0*>5-+#7+'()*2-(37*+-*4#*?.'63&8*6'56.&%+#/*%5-.(/*+,#*=-5&/ =A-AL5>B( 9G( $E<DC( B-C?56 C(B5<A5B(9G(:<9-5B-B(F5?A>M >A>?( A>( N5:-5DF5<( ),O3H 0.5B5( ;5>-( 8C<?58@( E>>9M -A=56( F@( -.5( ;5B-5<> ;9<86( E>-A8( PC<=.( ),OOK ;.5>( C::<9JADC-58@( 9>5 .E>6<56( =A7A8AC>B( ;5<5 F<E-C88@( ( IA8856( 6E<A>?( C 65D9>B-<C-A9>( ;.5>( -.5 $E<D5B5( DA8A-C<@( 9:5>56 GA<5H( 0.AB( ;CB( 8C-5<( G98M 89;56( 9>( O-.( QE?EB-( F@ -.5( DCBBC=<5( 9G( C>( 5B-AM

C>@( C==E<C-5( <5=9<6B( 9G 65C-.B( C>6( C<<5B-B( C<5 >9>M5JAB-5>-K( 6E5( -9( -.5 8C=I(9G(C==5BB(A>-5<>C-A9>M C8( D56AC( .C6( C-( -.5( -AD5 C>6(-.5(=9<<E:-(>C-E<5(9G $E<DCRB(B-C-5M<E>(D56ACH( "75>( ;.5>( -.5( BA-ECM -A9>( ?<5;( 6A<5( 5>9E?.( -9 6<C;( -.5( C--5>-A9>( 9G( -.5 ;A65<(;9<86K(C==E<C-5(C>6 E:M-9M6C-5( A>G9<DC-A9> ;CB( .C<6( -9( =9D5( F@( C>6 C>@(<5:9<-B(-.C-(6A6(85C75

0@:5( V$E<DC( W<9-5B-BR A>-9(X9E0EF5(C>6(@9E(?5E:;C<6B( 9G( BAJ( .E>6<56 7A659B( 8AB-56K( 69=ED5>-M A>?(575>-B(C>6(F<9C6=CB-M A>?( :9;5<GE8( ADC?5B( -9 -.5(<5B-(9G(-.5(;9<86H 0.AB( A>=<5CB56( C--5>M -A9>( .CB( G9<=56( -.5 $E<D5B5( DA8A-C<@( A>-9 65C8A>?( ;A-.( -.5( :<9-5B-M 5<B( 6AGG5<5>-8@( -.C>( A> ),OOH(0.5<5(.C75(F55>(GC< G5;5<( 65C-.B( -.AB( -AD5

=9DH(0.5<5(AB(C8B9(C(;5FM BA-5( <E>( F@( C( ?<9E:( 9G( %0 B:5=AC8AB-B( ;.9( CAD( -9 DCI5(BE<5(-.C-(:59:85(C<5 C;C<5( 9G( -.5( B-<E??85( G9< G<5569D( C>6( .EDC> <A?.-B( 9G( -.5( $E<D5B5 :59:85H( Z;;;HCFA-BEH9<?[ %-(.CB(ADC?5B(C>6(<5:9<-B 9G( -.5( :<9-5B-B( C>6( 9-.5< >5;B( CF9E-( -.5( B-<E??85 C?CA>B-( -.5( DA8A-C<@( TE>-C A>($E<DCH %-( <5:<5B5>-B( -.5( <AB5

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

-.5( .E?5( A>-5<>C-A9>C8 G9=EB( 9>( -.5( BA-EC-A9>K 5>.C>=56( F@( >5;( ADC?5B C>6( <5:9<-B( 9>( C>( C8D9B6CA8@(FCBABH 0.5( B-C-5D5>-( =C88B G9<( V-.5( TE>-C( C>6( C88 9-.5<( :C<-A5B( -9( ;9<I -9?5-.5<( -9;C<6( C( 65M 5B=C8C-A9>(9G(-.5(BA-EC-A9> C>6(C(:5C=5GE8(B98E-A9>RH &9D:C<56( -9( -.5 A>G9<DC-A9>( 7C=EED( 9G -.5( ),OO( :<9-5B-BK( -.5 G<55MG89;A>?( >C-E<5( 9G A>G9<DC-A9>( A>( -96C@RB B9=A5-@( AB( .C7A>?( C> ADD56AC-5( :9BA-A75 AD:C=-(9>(-.5(575>-B(-<C>M B:A<A>?(A>($E<DCH %-( AB( AD:9<-C>-K( .9;M 575<K( -9( `E5B-A9>( 9E< ?<9;A>?( <58AC>=5( 9>( -5=.M >989?@H( PC>@( ;9<86( 85C6M 5<B( .C75( =9>65D>56( -.5 575>-B( -CIA>?( :8C=5( ;A-. <5=9<656( D5BBC?5B( C>6 :<5BB( =9>G5<5>=5B( -.CC<5( F<9C6=CB-( C<9E>6( -.5 ;9<86H( X5-( -.AB( -@:5( 9G C=-A9>( AB( :5<.C:B( C( 895CBA5<( G9<( -.5( :59:85( A> :9;5<(-9(A?>9<5(-.C>(GC=5M -9MGC=5(6AB=EBBA9>BH( %-(AB(C8B9(AD:9<-C>-(-9 <5D5DF5<( -.5( C>9>@DA-@ :<97A656( F@( -.5( A>-5<>5CB( C( >5;B( 6AB-<AFE-A9> =.C>>58H( a5( B.9E86 <5DCA>( C;C<5( -.C-( A-( AB 9:5>(-9(CFEB5Y(:9-5>-AC88@ A-(=9E86(F5(EB56(-9(B:<5C6 6ABA>G9<DC-A9>( C>6( <5M A>-5<:<5-C-A9>(9G(575>-BH( %-(AB(7A-C8(-.C-(;5(85C<> >9-(-9(-CI5(575<@-.A>?(;5 .5C<( 9<( B55( C-( GC=5( 7C8E5K C>6(-.C-(A>B-5C6(;5(`E5BM -A9>(C>6(7C8A6C-5(A>G9<DCM -A9>H((/-.5<;AB5(;5(=9E86 GA>6(C88(-.AB(>5;(-5=.>989M ?@K( -.C-( =9E86( :<9:C?C-5 B9(DE=.(?996K(F5A>?(EB56 F@( E>65<.C>6( <5?AD5B( -9 E>65<DA>5( 85?A-ADC-5 >5;B(C>6(A>G9<DC-A9>(C>6 9>8@( :59:85( 8AI5( -.5( =A-AM L5>B(9G($E<DC(;A88(BEGG5<H

10 9%*(5)%'

!"#$!%&'()*)+(! ),-.(/&0/$"!(1223

"#$%&'()*+,$(&(*-.+/,&0*)(12 Q76B-5?( .5?( H69D8( 65AB=<;( B8( -.7 @7D( ;756?( ?B8C7( B-( D5?( 7?-5G<B?.7= G;( !9G76-( 'B<69;>SB<PN( B4)1 C*D-%$5)'( -5<P?( -9( -.7( A56-;L? <75=76I(O5-6BCP("?-98I(98(-.7("ZI(C<B> :5-7(C.58H7(58=(.B?(A9<B-BC5<(6BJ5<?

04"!"(567(89-(:58;(<75=> 76?( 9@( A9<B-BC5<( A56-B7?

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

C98?76J5-96B7?N( U@-76( 5( WEB7-( 1223I Q76B-5?(.5?(E?7=(-.B?(?E:> :76( -9( ?7CE67( @E8=B8H XO5-6BCP( 5??E67?( :7( -.5.7(B?(89-(?7<<B8H(A7765H7?

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

CE<-( -9( B:5HB87( M96=98 $69D8( =7?C6BGB8H( ?9:7> -.B8H( 5?( \GE<<?._-^I( 96 `78aB7?( &5:AG7<< 5889E8CB8H( -.5-( -.7; \877=( -9( H7-( -.7( G<99=; -.B8H( ?96-7=( 9E-^I( 5?

O5-6BCP( =97?N( R9-( 7V5C-<; ?-5-7?:58><BP7I( GE-( B-( B? 9GJB9E?<;(67?985-B8H(DB-.

5( ?7C-B98( 9@( -.7( 7<7C> -965-7N( b69:( 5( ?-58=B8H ?-56-(Q76B-5?(.5?(H5B87=(5 :7:G76?.BA( 9@( -.9E> ?58=?(B8(FE?-((-.677(;756?I D.BC.(B?(89-(G5=(H9B8HN S9(D.767(=97?(O5-6BCP ?77( Q76B-5?( B8( -78( ;756?L -B:7[( UH5B8( .7( 67?A98=?

DB-.( 58( .987?-;( -.5-( 987 =97?( 89-( 7VA7C-( @69:( 5 A9<B-BCB58c( \7B-.76( D7( DB<< 89( <98H76( G7( 569E8=I( 96 D7( DB<<( .5J7( 58( `"O( 96 -D9N( 0.7?7( -.B8H?( -5P7 -B:7I( 58=( 9GJB9E?<;( 5 D77P(B?(5(<98H(-B:7(B8(A9<> B-BC?N( $E-( D7( .5J7( FE??-56-7=(de9E8H(Q76B-5?L(?9 -.7(@E-E67(B?(<99PB8H(A9?B> -BJ7^N( &58( ;9E( B:5HB87 589-.76( A9<B-BCB58( D98> =76B8H( D.7-.76( .B?( A56-; DB<<( G7( 569E8=( B8( 5 =7C5=7[( ]7(-5<P(5G9E-(M96=98 $69D8L?( 67C78-( =7CB?B98 89-( -9( C5<<( 5( M78765< "<7C-B98N(S.9E<=(.7(.5J7[ \e7?N( 47( f$69D8g( .5?( 89 :58=5-7( -9( 6E<7N( 47 D9E<=(.5J7(C5<<7=(58(7<7C> -B98(B@(.7(.5=(G778(C76-5B8 9@(DB88B8H(B-I(GE-(B8?-75=

.7( .5?( G9--<7=( B-N( %-( B?( 58 B8?E<-( -9( -.7( 7<7C-965-7I 58=(B8(:;(9AB8B98(.7(DB<< A5;( -.7( A6BC7N( 0.B?( .5?

E8=76:B87=( .B?( 5E-.96B> -;^N( U-( -.7( =7G5-7I( O5-6BCP A69A9?7=( -.7( :9-B98c \-.B?( 49E?7( G7<B7J7?( -.5-.7( Z'( ?.9E<=( <75J7( -.7 "Z^N( e7-I( 5AA5678-<;I Q76B-5?( D58-?( -9( P77A \C96=B5<(67<5-B98?(DB-.(B-?

87BH.G9E6?^( 5@-76( B<75J7?N( %?( -.B?( A65C-BC5<<; A9??BG<7[(\%(-.B8P(?9N(0.7 585<9H;( %( D9E<=( E?7( -9 =7?C6BG7(-.B?(B?(d58(5:BC5> G<7( =BJ96C7LN( 0.7( :9=7< D7( D9E<=( D58-( -9( G5?7 9E6(67<5-B98?(DB-.("E69A7 98(B?(-.5-(9@(C9E8-6B7?(<BP7 R96D5;( 58=( SDB-a76<58=N 0.7;( 567( 5G<7( -9( -65=7 DB-.( "E69A7I( D.B<7( 89.5JB8H( -9( 5GB=7( G;( 5<<( 9@ -.7("ZL?(6E<7?(58=(67HE<5> -B98?N( SDB-a76<58=( 67C78-> <;( =B=( 5( C9?->G787@B585<;?B?( D.BC.( C5<CE<5-7= -.5-( -.7;( D9E<=( G7( 8B87> -B:7?( G7--76( 9@@( B@( -.7; ?-5;7=(9E-(9@(-.7("ZN^( &<B:5-7( C.58H7( B? 589-.76( B??E7( Q76B-5?

-5P7?( 5( ?<BH.-<;( C98> -78-B9E?(JB7D(98N(0.767(B? 58( 56-BC<7( 98( -.7( Q76B-5?

D7G?B-7( 78-B-<7=( \0.7 H675-( C<B:5-7( C.58H7 ?DB8=<7^I( D.BC.( =7C<567?

-.5-(\"8JB698:78-5<B?:(B? 5( ?96-( 9@( ?EG?-B-E-7( 67<B> HB98( DB-.( 5( .BH.<;( A5B=

3'(4/&*),5%'&$+'&6+%7'&4/&($%&38&*(&($%&8/+6%)'+(1 A6B7?-.99=I( 7J78( 5-( -9D8 .5<<( <7J7<^I( DB-.( -.9E> ?58=?( 9@( F9G?( =7A78=B8H 98( \:5B8-5B8B8H( 58 5-:9?A.767( 9@( =99:I H<99:( 58=( .;?-76B5h98 -.7( .;A9-.7?B?( -.5-( C<B> :5-7( C.58H7( B?( <56H7<; =6BJ78( G;( .E:58( 5C-BJB> -;^N( #97?( O5-6BCP( 78=96?7 JB7D?( <BP7( -.B?[( \0.7 FE6;L?(9E-N(0.767(B?(H<9G5< D56:B8HI( 58=( C56G98 =B9VB=7(<7J7<?(:5;(A<5;(5 A56-I(GE-(-.5-(:5;(89-(G7 -.7( 98<;( @5C-96N( 0.7( C<B> :5-7( :9J7?( B8( C;C<7?N U@-76( 5<<I( B8( -.7( @B@-778-.

C78-E6;(-.7;(D767(:5PB8H DB87( B8( i98=98( G7C5E?7 9@( -.7( .9-( D75-.76( -.767N ].5-( %( =9( 9GF7C-( -9( B? E?B8H( C<B:5-7( C.58H7( 5?

58( 7VCE?7( -9( 65B?7( -5V7?

98(C56?I(D.BC.(-.78(=97?> 8L-( H9( 98( B:A69JB8H 695=?N^ ].7-.76( 96( 89-( ;9E 5H677( DB-.( O5-6BCP( "?-98 96( Q76B-5?I( ;9E( .5J7( -9 5=:B67( .B?( =6BJ7( @96( -.B? <5-7?-( J78-E67N( S7--B8H( EA 5(87D(A56-;(B?(5(-.58P<7??

-5?PI(58=(D7(C58(=9(89-.> B8H(GE-(DB?.(.B:(-.7(J76; G7?-(9@(<ECPj

:%;<)+=.&#)*6%-

>/;&/47&?4)&'4@%($+/, =4@0-%(%-1&;+??%)%/(AAA

E4-5/(%%)+/,&,+6%'&145&*&)%*-&'%/'%&4?&*=$+%6%@%/(&F$4(4G&F%(%)&H45--%@+%) R/](-.5-(-.7(@B6?-(?7:7?> -76(B?(D7<<(E8=76D5;I(-5P7 5(:9:78-(-9(-.B8P(G5CP(-9 D.5-( ;9E( =B=( 9J76( -.7 ?E::76N(O69G5G<;(89-(-99 =B@@BCE<-k( ;9E( .5J7( :9?<BP7<;( G778( 5?P7=( -.7

?5:7( WE7?-B98( ?9( :58; -B:7?( B8( -.7( <5?-( @7D D77P?( -.5-( ;9E( .5J7( <9?C9E8-( G;( 89DN( %( DB<< 5??E:7(-.5-(5(H99=(8E:> G76( 9@( ;9E( D78-( 5D5; ?9:7D.767( .9-I( 58=

:58;(@9E8=(5?(:EC.(A5B= D96P( 5?( A9??BG<7( -9( .7<A @E8=(-.7(=6B8PB8H(7VA78?> 7?( 9@( -.7( @B6?-( -76:( G5CPN $E-( -.78( -.767( D767( -.7 @7D( D.9( =7CB=7=( -.7; D9E<=(=9(?9:7-.B8H(:967

?A7CB5<I( A76.5A?( GEB<=B8H 5(D7<<(B8(U@6BC5I(96(-75C.> B8H(C.B<=678(B8(%8=B5N( 0.767( 567( ?9( :58; 9AA96-E8B-B7?( -9( H7B8J9<J7=( 569E8=( -.7 D96<=I( D.7-.76( B-( G7( A569@( 5( H69EA( 96( B8=BJB=E5<> <;N( 0.7?7( C58( <5?-( @69:( 5 C9EA<7(9@(D77P?I(-9(5(@7D :98-.?I( 96( 7J78( 5( ;756N $E-( =98l-( -.B8P( -.5-( B-L? FE?-( 58( 75?;( @7D( D77P?I A5B=( @96( G;( ;9E6( A5678-? ?9(;9E(C58(H7-(?9:7-.B8H -9( AE-( 98( ;9E6( &Q( X-.B? :5;( ?9E8=( C;8BC5<I( GEWEB-7( 5( @7D( A79A<7 5CCE?7=(:7(9@(=9B8H(-.5D.78(%(D78-(5D5;YN( %-( -99P( 9E6( H69EA( )m D.9<7( :98-.?( 9@( A<58> 8B8H( 58=( @E8=65B?B8H G7@967(D7(.9AA7=(98(-.5A<587( 5-( 475-.69DN( ]7 .5=(-9(C.99?7(D.5-(-9(=9 58=( D.767( D7( D58-7=( -9 H9I(D.BC.(A69F7C-?(C5EH.9E6( 7;7I( 58=( .9D( -9( AE9E6( -B:7( 9E-( -.767( -9( -.7 G7?-( A9??BG<7( E?7N "J78-E5<<;I( D7( ABCP7=( 5 ?C.99<(B8(6E65<(ZH58=5N(U A67JB9E?( H69EA( .5=( GEB<987( C<5??699:( @96( -.7:I 58=( -.7( @9E8=5-B98?( @96

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

n1( 5( :98-.I( 96( .756= $58=( UB=( G7B8H( A<5;7= C98?-58-<;( 9J76( -.7( 65=B9 5-( &.6B?-:5?N( e7-( B-l?( 89.56=(-9(G7C9:7(.56=787= -9( -.7?7( :7??5H7?N UC-E5<<;I( H9B8H( 9E-( -9 -.7?7( A<5C7?( 58=( H7--B8H B8J9<J7=( B8( A69F7C-?( -.5=B67C-<;(B:A69J7(-.7(<BJ7?

9@( -.7( A79A<7( B?( ?9:7> -.B8H( ;9E( C58( <99P( G5CP 98( 58=( @77<( 675<<;( A69E= 9@N %@(;9E(567(B8-767?-7=I(% 675<<;( D9E<=( 67C9::78= H7--B8H(B8J9<J7=N(0.767(B? 5(.EH7(D75<-.(9@(B8@96:5> -B98I( DB-.( B=75?( -9( ?EBD.5-7J76( ;9E( D9E<=( G7 B8-767?-7=( B8( =9B8HN( %-L? -.7( 7VA76B78C7( 9@( 5( <B@7> -B:7N

.$/01,$&

!"#$!%&'()*)+(! ),-.(/&0/$"!(1223

Weird Science 2/))/#% 31,+$0 9@( >( C9=5;-( :9= -.;( .;>=-( >@7 >=-?:?C?>F(F?:;

"#$%&'($)'$%*+% ,$-(&(*)

2/))/# 31,+$0 ;QEF9=;5(-.;(B9=F7 9:(-.;(<=>?@(-9(;QEF>?@(96=(>J>M?@I J;J9=?;5K

W"N&/]"( 9@C;( >I>?@( -9 -.;(`C?;@C;(E>I;K(4>G?@I ?@-=976C;7( 896( -9( -.; B9=F7( 9:( 5C?;@C;D( ?-( ?5 -?J;(-9(J9G;(9@(-9(59J; -9E?C5( 9:( ?@-;=;5-K( \?=5-D .9B;G;=D( F;-X5( ->A;( > F99A(>-(-.;(F>-;5-(5C?;@C; @;B5K `C?;@-?5-5( -.?5( B;;A .>G;( <;;@( B9=A?@I( 9@( > -=;>-J;@-(:9=(C9@I;5-?G; .;>=-( :>?F6=;( ?@G9FG?@I( > .;>=-( C9=5;-K( &9@I;5-?G; .;>=-( :>?F6=;( C>65;5( -.; .;>=-( -9( @9-( E6JE( 56::?H C?;@-(<F997K(S(E=9-;C-?G; <>@7(.>5(<;;@(E=9E95;7 -9( =;?@:9=C;( -.;( B>FF5( 9: -.;( .;>=-( -9( E=;G;@-( -.; .;>=-(<;C9J?@I(;@F>=I;7 >@7( E=;G;@-?@I( :6=-.;= 7>J>I;( O`->@:9=7 ^@?G;=5?-8D(&>F?:9=@?>PK `C?;@-?5-5( B9=A?@I 9@( >=-?:?C?>F( F?:;( 5>8( -.>-.;8( .>G;( -.;( E9-;@-?>F -9( .>5-;@( IF9<>F( B>=JH ?@IK( &=>?I( c;@-;=( 5->-;5 -.>-(-.;8(.>G;(C=;>-;7(>@ >=-?:?C?>F( C.=9J959J; B?-.(*e)(I;@;5(65?@I(F>< C.;J?C>F5K( 0.;( -=>@5:;= 9:( >=-?:?C?>F( C.=9J9H 59J;5( ?@-9( <>C-;=?>( J>8 F;>7( -9( -.;( ><?F?-8( -9 J>A;( ;-.>@9F( 9=( .87=9H I;@(:6;F5(9=(;G;@(=;J9G; C>=<9@( 7?9Q?7;( :=9J( -.; >-J95E.;=;[ /6=( R96=@;8( C9@-?@H 6;5( -.?5( B;;A( B?-.( > R96=@;8( ?@-9( -.;( <=>?@ >@7( .9B( B;( =;J;J<;= >FF( -.>-( ?@:9=J>-?9@( >;Q>J(-?J;[ %:( 896X=;( ?@-;=;5-;7 ?@( B=?-?@I( :9=( -.;( W;?=7 `C?;@C;( E>I;( -.;@( :;;F :=;;( -9( ;J>?F( J;( >-( =;7H <=?CAB?;=75C?;@C;d.9-H J>?FKC9K6AK

04"(5-678(9:(-.;(<=>?@(?5 A@9B@( >5( @;6=95C?;@C;D >@7( ?5( >( =>E?7F8( 7;G;F9EH ?@I( :?;F7( -.>-( .>5( 5E=6@I :=9J( >@>-9J8D( E.85?9F9H I8( >@7( E58C.9F9I8K( 0.; <=>?@( ?5( >( J85-;=?965 B9=F7( -.>-( .9F75( -.; >@5B;=5( -9( -.;( L6;5-?9@5 9:(B.9(B;(>=;(>@7(.9B(B; E;=:9=J( C;=->?@( >C-?9@5K 0.;( C;FF5( 9:( 96=( <=>?@ .>G;( >J>M?@I( ><?F?-8( -9 J96F7( >@7( 5.>E; -.=96I.96-(96=(F?:;D(J>AH ?@I(65(-.;(E;9EF;(-.>-(B; >=;(-97>8K N;-( 65( <;I?@( B?-.

B.>-( J>A;5( 96=( <=>?@K 0.;(<=>?@(?5(J>7;(:=9J(> C9FF;C-?9@( 9:( 5E;C?>F?5;7 C;FF5(A@9B@(>5(@;=G;(C;FF5 9=( @;6=9@5K( 0.;8( 5;@7 5?I@>F5( G?>( ;F;C-=?C>F( >@7

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

4$$%()&(<$%0#$%:,/() C.;J?C>F( 5?I@>F5( -.>-( C>@ B9=A(-9I;-.;=(?@(7;C?5?9@ J>A?@I(E=9C;55;5K( 0.;( 5-=6C-6=;( 9:( > @;6=9@( ?@G9FG;5( >=;>5( 9: ?@E6-( A@9B@( >5( -.;( 7;@H 7=?-;5( OF9@I( E=9-=65?9@5 -.>-( C9@@;C-( 9@;( @;=G; C;FF( -9( >@9-.;=P( >@7( 96-H E6-( ?@( -.;( :9=J( 9:( -.; >Q9@( O>( -6<;HF?A;( 5-=6CH -6=;( ?@( B.?C.( -.;( 5?I@>F J9G;5( >F9@IPK( ">C.( 7;@H 7=?-;( J>8( =;C;?G;( ?@:9=H J>-?9@(:=9J(9@;(9=(-.96H 5>@75( 9:( 7?::;=;@-( @;6H

>C=955( -.;( 58@>E5;( >@7 ?@-;=>C-( B?-.( =;C;E-9=5T E=9-;?@5( -.>-( =;C;?G;( -.; 5?I@>F( >@7( C>65;( > =;5E9@5;(56C.(>5(9E;@?@I ?9@( C.>@@;F5K( S@( ?9@ C.>@@;F(J>8(>FF9B(:9=(-.; :F9B( 9:( ?9@5( ?@-9( -.;( C;FF 56C.(>5(C>FC?6JK( S@( ;Q>JEF;( 9:( >( @;6H =9-=>@5J?--;=( ?5( >C;-8FH C.9F?@;K( %-( C>@( 7?=;C-F8 5-?J6F>-;( ?9@( C.>@@;F5( ?@ J65CF;D( C>65?@I( J9G;H J;@-(>5(B;FF(>5(I?G?@I(65 -.;( ><?F?-8( -9( :?@;H-6@;

`C?;@C;(-9(-=8(>-(.9J;KKK 04%`(B;;A(896(C>@(7?5H C9G;=(896=(<F?@7(5E9-f &9G;=( 896=( =?I.-( ;8; >@7( 5->=;( >-( -.;( C=955 <;F9BK( $=?@I( -.; !"#$%&'( @;B5E>E;=

5F9BF8( CF95;=( -9( 896= ;8;5(>@7(896(B?FF(@9-?C; -.>-( -.;( <F>CA( 5E9-( B?FF ;G;@-6>FF8( 7?5>EE;>=K 0.?5( ?5( 896=( <F?@7( 5E9-[ 0.?5( 9CC6=5( <;C>65; -.;=;(>=;(@9(F?I.-(7;-;C-H

?@I( C;FF5( E=;5;@-( ?@( -.; >=;>(?@(B.?C.(896=(9E-?C @;=G;( C9@@;C-5( -9( 896= =;-?@>K(_96=(<=>?@(:?FF5(?@ -.;( I>E( >@7( -.;=;:9=; 896( 5;;( -.;( E>E;=( >@7 @9-(-.;(<F>CA(5E9-K

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

!!

4*'($05%46*07(8#0999% 31/5%"#/(%:*;()8 \=>@C;5($9@7

]^S_(0.>?(?5(>@(>@C?;@<6-( C9@5->@-F8( 7;G;F9EH ?@ID( 78@>J?C( 5E9=-K( \9= -.;( J97;=@( 5-67;@-D( ?9::;=5(>@(9EE9=-6@?-8(-9 7;G;F9E( C9@:?7;@C;D( :?-H @;55( >@7( 5;F:H7;:;@C; 5A?FF5( >5( B;FF( >5( .>G?@I :6@[( ]6>8( 0.>?( 9=?I?@>-H ;7( ?@( 0.>?F>@7( >@7 .9F75( >( EF>C;( ?@( -.;?= :9FAF9=;K( SCC9=7?@I( -9 9@;( F;I;@7( :=9J( -.; )+-.( C;@-6=8D( >( :?I.<;-B;;@( -B9( <9Q;=5 7;C?7;7( B.9( B96F7( <; -.;( :6-6=;( A?@IK( %-( 5>85 -.>-( >:-;=( -.;( 7;>-.( 9: -.;(9F7(A?@ID(`;@(]6>@I ]6D( .?5( 59@5( \>@I( ';@I >@7( a?( '6JA>J( C96F7 @9-(>I=;;(><96-(-.;(56CH C;559=K( S5( -.;( C9@:F?C-.=;>-;@;7( -9( -6=@( ?@-9 C?G?F( B>=D( -.;( :9FF9B;=5 9:( ;>C.( 5?7;( >I=;;7( -9 5->I;( >( :?I.-( B.?C. B96F7(7;C?7;(-.;(:6-6=; A?@IK( a?( '6JA>J( B9@ >@7(-.65(<;C>J;(A?@IK 0.;( 59C?;-8( ?5( G;=8 F6CA8(-9(.>G;(9@;(9:(-.; -9E( ?@5-=6C-9=5( ?@( -.; C96@-=8K( $9<( `E96=D &.?;:( %@5-=6C-9=D( >C-6>FH F8( 5;-( 6E( -.;( 59C?;-8 -B;@-8( :?G;( 8;>=5( >I9 B.;@( .;( B>5( >( 5-67;@>-( -.;( ^@?G;=5?-8( 9: $?=J?@I.>JK( 4;( ?5( >@ ;QE;=-( ?@( .?5( :?;F7D( B>5 &.>?=J>@( 9:( -.;( $=?-?5.

0.>?($9Q?@I(&96@C?F(>@7 .>5( .?5( <99AD( b^F-?J>-; ]6>8( 0.>?XD( E6<F?5.;7D >5(B;FF(>5(G>=?965(#c#5K $9<(`E96=(.>5(-=>?@;7(?@ -.;(J>=-?>F(>=-5(:9=(:9=-8 8;>=5(>@7(.>5(->6I.-(:9= >-( F;>5-( -B;@-8H;?I.8;>=5K( 4;( ?5( >( G;=8 C.>=?5J>-?C( ?@5-=6C-9= >@7( >FB>85( <=?@I5( >@ ;F;J;@-( 9:( .6J96=( ?@-9 .?5(5;55?9@5[( a?J( 0.9J>5( ?5 >@9-.;=( 7;7?C>-;7 `;@?9=( %@5-=6C-9=D( B?-.

8;>=5(9:(-;>C.?@I(;QE;=?H ;@C;(>5(B;FF(>5(;@-;=?@I ?@-9(9CC>5?9@>F(C9JE;-?H -?G;( :?I.-5K( /6=( B.9F; -;>J( 9:( ?@5-=6C-9=5( >=; 5;C9@7(-9(@9@;[( ]6>8( 0.>?( 6-?F?5;5 -.;( .>@75D( :;;-D( ;F<9B5

>@7(A@;;5K(0.;=;(?5(>F59 >( 5-=9@I( ;F;J;@-( 9: CF?@C.B9=AD( B.?C. J;>@5( 9EE9@;@-5( >=; G;=8(CF95;(>@7(C>@(;Q;=>( F9-( 9:( C9@-=9F( B.;@ 65;7(C9==;C-F8K( 0.;( ]6>8( 0.>? $9Q?@I( `9C?;-8( ?5( @9-( > C9JE;-?-?G;( 5E9=-5 I=96EK( 0.;( 5;55?9@5( >=; >?J;7( >-( -;>C.?@I( -;C.H @?L6;5D( ?JE=9G?@I( :?-H @;55(>@7(<6?F7?@I(C9@:?H 7;@C;( -.=96I.( >@ ?@C=;>5;7( >B>=;@;55( 9: 5;F:HE=9-;C-?9@( J;-.H 975K(N?:;(C>@(<;(7>@I;=H 965( >@7( -.;( J;-.975 -.>-($9<(-;>C.;5(>=;(E>=H -?C6F>=F8( =;F;G>@-( -9 ;G;=8( 7>8( F?:;K( `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dI6?F7K<.>JK>CK6AK Z;B( <;I?@@;=5( >=; >FB>85( B;FC9J;( >5( B; B>@-( ;G;=89@;( -9( <;@;H :?-( :=9J( -.?5( :>@->5-?C 9EE9=-6@?-8[

0(12.+ . # $++7 *

! & & & "( % ) & "'& & %'# $%& $ #$ 23#$-2 $11$-2( +1 2 $11$-2( ++7 +.5 /0("$1 '$- (2 ".,$1 2. 123#$-2 +(4(-& $11$-2( +1 8(/ #.5- 2. 7.30 +." + +#( !$" 31$ 5$;4$ &.2 2'$ +.2 %.0 !322.-1 -"+3#(-& ++ 2'$ 2'(-&1 7.3 -$$# %.0 &0$ 2 : ; -(&'2 (- %0., 2.02(++ "'(/1 2. !$$0 -# 5(-$ 2. +36307 ("$1 - % "2 7.3;++ %(-# $4$072'(-& 7.3 -$$# 2. +(4$ 2'$ :"$+$!0(27; +(%$127+$ !32 ++ %.0 4$07 #.5- 2. $ 02' /0("$

&' !& # %

.02(++ '(/1

#

2$++ 02.(1

+

/$"( ++7 $+$"2$# -# ..*$# 0(1/1

.1$0 .2' (-$12 0* '.".+ 2$

#

#&$01 0$$* '(2$ (-$

+

0$,(3, "$ 0$ ,

- % "2 7.3;++ %(-# $4$072'(-& 7.3 -$$# 2. +(4$ 2'$ 123#$-2 +(%$ (- 127+$ 5(2'.32 12(-&(-& 7.30 ! -* ! + -"$

$ %&" " * /$-(-& 2(,$1 .- 0( 230# 7 3-# 7

, /, , /, , /,

/$-# +(22+$ (4$ +.2 #&% % %&$" & " " ! &$"! & $ % ++ .%%$01 13!)$"2 2. 4 (+ !(+(27 0("$1 ".00$"2 2 2(,$ .% &.(-& 2. /0(-2 6"+3#$1 .0 #$2 (+1 .% 7.30 -$ 0$12 12.0$ 4(1(2 .30 5$!1(2$ 2 ))) " ' .0 " ++ .30 +#( 2.0$ ." 2(.- (-$ .-

.02(++ '(/1 & 9 /$0 *& 2$++ 02.(1 6 ,+ 9 /$0 +(20$ /$"( ++7 $+$"2$# -# ..*$# 0(1/1 &

/ /$0 & .1$0 .2' (-$12 0* '.".+ 2$ & / /$0 & #&$01 0$$* 5'(2$ (-$

"+ 9 /$0 +(20$ 0$,(3, "$ 0$ ,

,+ / /$0 ,+

#

+

;&+/%< =-5+-&.

!"#$!%&'()*)+(! ),-.(/&0/$"!(1223

!"

2#'(%3455%6.7#8.(9(:

RE5==@7;->(9@-(0;<8(4:==(;DD(-;(D=H589(>-:6C-955.D#+/%4(A%="?E%F%2*.%"9&D9(:*4D%2#'(%3455 "#$%"&#'( 04"( $567589.:7( 0;<8 4:==( <:>( ?=;>@A( 58( -.@ B,2>C( 6@DE6F5>.@A( :8A >EF>@GE@8-=H( 6@I;J@8@A -.5>( /?-;F@6( -;( :( D:8D:6@ ;D( :??=:57( :8A( JEF=5?

58-@6@>-K( 0.@( -;<8( .:==( 5> :8(57J;6-:8-(:6@8:(<.5?. >58?@( )L*+( .:>( .;>-@A 7:8H(;D(-.@(-;<8B>(JEF=5? @M@8->C( :8A( <5-.( :( N*O 75==5;8( 6@DE6F5>.7@8J6;96:77@(8;<(?;7J=@-I @AC( 5-( >@@7>( >@-( -;( J=:H .;>-(-;(7:8H(7;6@(>-57EI =:-589( >=5?@>( ;D( ?E=-E6:= @8-@6-:587@8-K( P>( %( <:=Q@A( 58-;( -.@ $567589.:7( 0;<8( 4:== :8A( -;;Q( 7H( >@:-C( %( D@=D:56=H( ;J-575>-5?( -.:-( -.@ RE5==@7;->( <;E=A( 6@J@:-.@56( >E??@>>DE=( J@6D;67I :8?@(:-(=:>-(H@:6>B("=@?-65?

J6;7>( <.@6@( -.@H( >-;;A ;E-(FH(E-5=5>589(:8(;6?.@>I -6:( :8A( :--@7J-589( >;7@ A:6589( 57J6;M5>:-5;8>( ;D -.@56( @S5>-589( 7:-@65:=K %8A@@AC( :>( :8( ;FM5;E>=H .59.=H( -:=@8-@A( 96;EJ( ;D 7E>5?5:8>C(%(-.;E9.-(-.@H <;E=A( >E5-( -.5>( D;67:-

D:56=H(?;7D;6-:F=HK P>( -.@H( Q5?Q@A( ;DD -.@56( J@6D;67:8?@C( %( :7 9=:A( -;( 6@J;6-( -.:-( -.@ RE5==@7;->( <@6@( 58( 8; 7;;A(-;(A5>:JJ;58-(:>(-.@ .@:6-D@=-( M;?:=>( ;D( D6;8-I 7:8(THD@(#:89@6D5@=A(6@>I ;8:-@A( -.6;E9.( -.@( :EA5I -;65E7(<5-.(-.@(D56>-(>;89 !"##$%& '%()C( :( >;89( -.:@:>@A( -.@( :EA5@8?@( 58-; -.@( >@-( D:8-:>-5?:==H( 9@8I -=H( :8A( J6@J:6@A( E>( D;6 -.@( 96@:-@6( M;=E7@( ;D >;E8A( -.:-( :( DE==( ;6?.@>I -6:( <:>( F;E8A( -;( =@8A( -; >;7@( ;D( -.@56( ?6:U5@6 8E7F@6>K( PD-@6( -.5>C( -.@H( J=:H@A 7:8H( ;D( -.@56( ;<8( >-:8AI ;E-( -6:?Q>( 7E?.( -;( 758@ :8A( -.@( :EA5@8?@>( @8V;HI 7@8-C( D;6( 58>-:8?@( *"+",."/%0 F@589( :( J@6>;8:= D:M;E65-@C(9:58@A(<5-.(-.@ .@=J( ;D( -.@( ;6?.@>-6:B> ?@==5>->C( :( 96@:-@6( :7F5I @8?@( :8A( 58-@8>5-H( -.:8 -.@(:=FE7(M@6>5;8K( .1)23-1& #1% 4",/256(,%& .:>( :8( ;DD -.@( <:==C( :F>-6:?-( >;E8A ;8( -.@( :=FE7( :8A( <:> J@6D;67@A( <@==( =5M@( <5-.

-.@( 9=;?Q@8>J5@=( :8A

;6?.@>-6:( ?@==;>( 6@:==H :AA589(-;(-.@(>;89K /8@( ;D( -.@( D@<( 7:V;6 ?65-5?5>7>( -.:-( %( ?:8( =@M@= :-(-.5>(J@6D;67:8?@(<:>(: =:?Q( ;D( M:65:-5;8( 58( -.@ 58-@8>5-H( ;8( -.@( J:6J=:H@A( FH( -.@( ;6?.@>-6:K 0.5>(<:>(J:6-5?E=:6=H(-6E@ <.@8( -.@H( ?:7@( -;( J=:H *%/5",-C( ;8@( ;D( 7H D:M;E65-@( RE5==@7;-> >;89>K( %-( 5>( :( >EF-=@( :8A D;6=;68( J5:8;( I( A65M@8 >;89C(-.@(-;8@(;D(<.5?.(58 7H(;J585;8C(-.@(;6?.@>-6: 57J:56@A(6:-.@6(-.:8(>EJI J=@7@8-@AK( %-( <;E=A( .:M@ >;E8A@A(7E?.(F@--@6(.:A ;8=H( ;8@( M5;=585>-( :??;7I J:85@A( -.@( F:8A( 58( -.5> ?:>@K( P>5A@( D6;7( *"+",."/%0 -.@( >@-( J:88@A( ;E6:-.@6( J6@A5?-:F=H( :8A -.@6@(<:>(:(>@8>@(-.:-(-.@ :EA5@8?@( Q8@<( @S:?-=H <.:-(-;(@SJ@?-C(@>J@?5:==H 95M@8(-.@(>7:==(6@J@6-;56@ ;D( RE5==@7;->( 7:-@65:=K 4;<@M@6C(-.5>(5>(J6;F:F=H ;M@6=H(.:6>.(?65-5?5>7(:>(% D;E8A(%(.:A(-;(85-IJ5?Q(-; D58A(.;=@>(58(:8(;-.@6<5>@ :F>;=E-@=H( D:8-:>-5?C @SJ=;>5M@( J@6D;67:8?@

)*#+#%,#-&+./0%#1%2*.%2#'(%3455 D6;7(:(F:8A(%(D@@=(>.;<(>; 7E?.( J6;75>@( -;( @SJ:8A :8A( A@M@=;J( 7E?.( DE6I -.@6K P>( -.@( >@-( ?:7@( -;( : ?=;>@C( 7(2& 8(3$2 <:>( ;8@ ;D(-.;>@(>;89>(-.:-(6@:==H F@8@D5-@A(D6;7(:8(;6?.@>I -6:C( 5-( >;E8A@A( >;( 7E?. =:69@6( :8A( 7;6@( @SJ:8I >5M@( =5M@K( %-B>( J6;F:F=H ;8@( ;D( -.@( F@>-( D58:=@>( -; :( 959( -.:-( %BM@( @M@6( >@@8C F@9588589( <5-.( :( F6;;AI 589( J5:8;IA65M@8( >@?-5;8 :8A( .:E8-589( M;?:=>C

FE5=A589( EJ( ;M@6( -.@ >J:?@(;D(-@8(758E-@>(58-; :( ?6@>?@8A;( ;D( 8;5>@K( 0; -;J( 5-( ;DDC( THD@ #:89@6D5@=A( VE7J@A( ;8 -.@( .:==B>( 7:>>5M@( ;69:8 D;6( -.@( =:>-( D@<( 758E-@> ;D( -.@( >;89( :AA589( : -.6;FF589( .E7( -;( -.@ :=6@:AH( ;M@6<.@=7589 ?:?;J.;8H( ;D( >;E8AC 6@:?.589( D@M@6( J5-?.

F@D;6@( -.@( ?;8AE?-;6 F6;E9.-( -.@( J6;?@@A589> -;( :( @8AK( 0.@( >@-( @8A@A ;8( >E?.( :( .59.( :8A( 7H

;8=H(>@65;E>(6@96@-(<;E=A F@( -.:-( -.@H( A5A8B-( 95M@ 7@( :8A( -.@( ?;==@?-5M@ :EA5@8?@( <.:-( <@( 6@:==H A@>56@AC(:8(@8?;6@W( $@D;6@(((-.@(D58:=@C(-.@ <5--H( D6;8-7:8( GE5JJ@A XD;695M@( 7@( 5D( -.5>( >@@7> =5Q@( :( YJ58:=( 0:J 7;7@8-ZC( .;<@M@6C( ( % -.58Q( 5-( <;E=A( F@( D:56( -; >:H(-.:-(E8=5Q@(-.@(?:>@(;D -.:-( D5?-5;8:=( F:8AC( -.@ RE5==@7;->( >@-( <:>( 58( 8; <:HC(>.:J@C(;6(D;67(:(>.5>:8A<5?.W(

>4(,.

)#.+&0

P(#:8?@c?.:89@(;D(5A@:>

\:E6@:-@(=:E8?.

G8&9/9(:%4(A%H(%I#-&%6##D/%F%3988#A&#D.

P($567589.:7($;;Q(T@>-5M:=(@M@8-(f 0.@(\5F6:6H(0.@:-6@

?4&4*%"54,@4$0%4(A ?4550%2*.5'.55 /b( -.@( A@>@6-@A( A:6Q >-:9@( ;D( -.@( [:-65?Q( ?@8I -6@( :-( -.@( 45JJ;A6;7@C( : 96;EJ( ;D( -:==C( H;E89 7:=@>( >-6E--@A( ;E-( 58 D6;8-( ;D( E>( <5-.( 96@:J;5>@( VE>-( :>( H;E( <;E=A @SJ@?-( D6;7( :8( @SJ@6A:8?@( ?;7J:8H( >E?.( :> #:8?@c?.:89@K( P8 >6)"+",- .:A(F@9E8K 0.@(58?6@A5F=@(@8@69H ;D(-.@(?;7J:8H(<:>(;FM5I ;E>( D6;7( -.@( ;E->@-( :> -.@H(?;8-58E;E>=H(7;M@A 58-;( D;67>( -.:-( <@6@ >-6;89C( F;=A( :8A( 7:>?EI =58@C( FE-( :=>;( 58?6@A5F=H D=@S5F=@( :8A( @:>H( ;8( -.@ @H@K( 0.@( >J;8-:8@;E> 7;M@7@8->( <@6@( ?.:;-5?

H@-( <@==( D;67@A( 58 :JJ6;:?.K( %8( ;E6( ;J585;8 -.@H( >57E=:-@A( -.@( D;67 ;D( :( ;69:85>@A( 9:89( 58 7:8H( <:H>C( FE-( <5-.( :8 ;??:>5;8:=( -@8A@6( D@7:=@ -;E?.( -.:-( ?.:6:?-@65>@A :(D:6(7;6@(>;D-@6(@?.;(;D -.@( 6@>-( ;D( -.@( J@6D;67I :8?@K ^.@8( ?;7F58@A( <5-.

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

>:-5;8( ?;8-58E@A( -.@ 7;6@( ?.:;-5?( 5-( F@?:7@ :8A( -.@( .:6A@6( -;( E8A@6I >-:8AK( 0.@8( F659.-( <.5-@ =59.->( >EAA@8=H( FE6>;8-;(-.@(>-:9@(:>(:(6;<(;D E8>-;JJ:F=@( 7@8( :8A <;7@8( ?:7@( 6E88589 -;<:6A>(-.@(:EA5@8?@K 0.@( E85GE@( ?.;6@;9I 6:J.H( ;D( `@6E>:=@7IF;68 4;D@>.( Y.@?.-@6( =58Q@A =5D-589( 7;M@7@8->( <5-.

F:=:8?@( :8A( <6@>-=589( -; ?6@:-@( :8( @8@69@-5?( E85I >;8(F@-<@@8(-.@(7:=@(:8A D@7:=@(A:8?@6>K( 0.@( D=E5A5-H( ;D( -.@ 7;M@7@8->( <@6@( J6575I -5M@C( :=7;>-( :857:=5>-5?K P-( >;7@( J;58->( -.@( 7:=I =@:F5=5-H( ;D( -.@( A:8?@6>B F;A5@>( 7:A@( -.@7( >@@7 :>(-.;E9.(-.@H(7E>-(=:?Q F;8@>K( [.H>5?:=(J;<@6(>-6E9I 9=@>( F@-<@@8( -.@( >@S@> ;??E6@A( -.6;E9.;E-( -.@ J@6D;67:8?@C( ;D-@8( 95MI 589(<:H(-;(F@>-5:=(J:>>5;8 :8A( ?6@:-@A( :8( E8A@6=HI 589(>@SE:=(-;8@K( 0.@( ?;8>-:8-=H ?.:89589( =59.-C( D6;7 F659.-( <.5-@( -;( ?;7J=@-@ A:6Q8@>>C( :==;<@A( -.@ A:8?@6>(-;(:>>E7@(A5DD@6I @8-C( E8@SJ@?-@A( J;>5I

-5;8>K( 0.@( <.;=@( J@6I D;67:8?@( :JJ@:6@A( -; ?.:==@89@( -.@( :EA5@8?@B> @SJ@?-:-5;8>(:>(-.@(A:8?@ ?;8?=EA@A( 58( :( ?.:;-5? :8A( E8@SJ@?-@A( >@SE:= F:--=@K 0.5>( A6:7:-5?( ?.;6@I ;96:J.H( ?;7F58@A( <5-.

-.@( 6.H-.75?( A6E77589 :8A(?=@M@6(=59.-589(FH(\@@ &E66:8C(?6@:-@A(:8(:-7;>I J.@6@( -.:-( <:>( E85GE@ :8A( @S?5-589K( 0.@( :EA5I @8?@( <:>( @8-.6:==@A( FH -.@( ;65958:=5-H( :8A( 58A5I M5AE:=5-H( ;D( -.@( J@6D;67I :8?@( :8A( =@D-( -.@( -.@:-6@ D@@=589( @8@695>@A( :8A A@>J@6:-@(-;(>@@(7;6@K 0.@6@( :6@( J=@8-H 7;6@( ?.:8?@>( -;( ?:-?. #:8?@c?.:89@( 58( :?-5;8K 0.@56(8@S-(>.;<C(@$(#&@%%# 5>(:8(@8@69@-5?(?;8-@7J;I 6:6H( J@6D;67:8?@( -.:?@=@F6:-@>( PD65?:8( A:8?@ :8A( 7E>5?K( %-( <5==( F@ >.;<589( :-( -.@ 45JJ;A6;7@C( D;6( ;8@ 859.-( ;8=H( ;8( Y:-E6A:H 13-.(/?-;F@6(:-(LJ7K( T;6( 7;6@( 58D;67:-5;8 ?;8-:?-(#:8?@c?.:89@(:-d <<<KA:8?@S?.:89@K;69KE Qe>.;<>K

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`;6A:8K( 0.@56 J;@7>(<@6@(>57J=H(@S?@=I =@8-C( 58M;=M589( D;;-F:==C F;S589C( :9@( A5DD@6@8?@>C :8A( A6@:7>K( &.:6=5@ `;6A:8B> 7%(& 9)%(:+& <:> J:6-5?E=:6=H( 9;;AC( D;?E>I 589( ;8( VE>-( .;<( =5--=@( <@ 6@:==H( Q8;<( :F;E-( -.@ J@;J=@(<@(=;M@K 0.@( ( =:E8?.( <:> >.;6-( ?;7J:6@A( -;( -.@ D;==;<589( :?-C( ^65-@6> ^5-.;E-( $;6A@6>K( 0.@6@ <@6@( -<@8-H( J;@->( D6;7 :6;E8A( -.@( <;6=AC( >J@:QI

589(:(M:65@-H(;D(=:89E:9@> 58?=EA589( a6AEC [;6-E9@>@C( &6;:-5:8( :8A Y.;8:K( 0.@( J;@-6H( <:> 7:58=H( ?@=@F6:-589( -.@ -<;( .E8A6@A-.( :885M@6I >:6H( ;D( -.@( :F;=5-5;8( ;D >=:M@6HC( -.@( ?;77;8 -.@7@( F@589( <.:-( 57@:8-(-;(F@(D6@@K( [;@7>(:=>;(?:7@(58(: A5M@6>@( 6:89@( ;D( >-H=@>C D6;7( -.@( >=;<C( :=7;>>J;Q@8( >-H=@( ;D( ;& <(,,2# 7(= -;(-.@(M@6F:=(9H78:>I -5?>( ;D( ]5?.:@=( R@;69@B> 6:JI58D=E@8?@A( >;89K 0.@6@(<:>(:=>;(=5M@(7E>5?

D6;7( &6;>>6;:A &;==5>5;8>C( :8( @8@69@-5?

75S(;D(PD65?:8(J@6?E>>5;8 :8A(V:UUK ^.5=@( <@( ;FM5;E>=H .:A(8;(5A@:(<.:-(:(=;-(;D -.@(J;@7>(:?-E:==H(7@:8AE@( -;( -.@( =:89E:9@> E>@AC(-.:-(A5A8B-(>-;J(;E6 @8V;H7@8-(;D(-.5>(@?=@?-5? >.;<K( 0.@( >.@@6( ?;8D5I A@8?@( :8A( @8@69H( ;D( -.@ J;@->(<:>(@M5A@8-C(:8A(58 D:?-( -.@( ?;77E85?:-5;8 9:J( 7:A@( H;E( <:8-( -; D58A( ;E-( 7;6@( :F;E-( -.@ ?E=-E6@>(58M;=M@AK(

!" ?90;)@ A8B0896)!)C2D673+'6;

!"#$!%&'()*)+(! ),-.(/&0/$"!(1223

=16+096)7>>69

*+,-.)/+0-12,3)!"#$%&'()!"#*&+,-4 560).789)-16+&)02-:60;)1696< E&6-2+B)F6DG92-:)02-:60)D6+B H)=16)I2&&7D97'6

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

"8A>7(J9(;76I(>?8((J9(9-JCC G>9<8( J?( $J7IJ?A.>I( >?8 J?( ;>H-( @9<8( -6( C<H-@7<( J? -.<( "?ACJ9.( 8<E>7-I<?.<7<K( #<9H7JG<8( >-( -.< -JI<( >9( >( 6?H<( J?( >( CJ;<O -JI<( 6EE67-@?J-D( >?8( > 5J??<7(6;(G6-.(/CJFJ<7(>?8 06?D( >5>789( ;67( G<9EC>DM( -.J9( E768@H-J6?

H6I<9( 5J-.( >( 7<E@->-J6? <B@>C( -6( J-9( 9@G9->?-J>C 9H>C<K 4>FJ?A( G<<?( 7<FJF<8 ;67(-.<(;J79-(-JI<(9J?H<(-.< :V29M( -.<( H@77<?-( E768@HO -J6?(6;(-.<(9.65(EC>D<8(-6 E>HN<8( .6@9<9( J? &.JH.<9-<7( >?8( >H.J<F<8 I@H.(H7J-JH>C(>HHC>JIK(0.< E768@H-J6?( ( J9( ?65( 6?( > -6@7( >76@?8( -.<( H6@?-7D >?8(5JCC(G<(J?($J7IJ?A.>I 6?CD( ;C<<-J?ACDM( ;67( 6?< 5<<N(W1*O13-.(/H-6G<7XK %;(D6@(H>?(6?CD(A<-(-6 6?<(E>7-(6;(-.<(9.65(-.<?

J-( 7<>CCD( 56?=-( .>IE<7 D6@7( <?T6DI<?-( >9( -.< E>7-9(9->?8(>C6?<(>?8(>7< H6IEC<-<CD( @?8<79->?8O >GC<(>?8(<?T6D>GC<(J?(J96O C>-J6?K( 465<F<7M( J;( D6@ H>?(I>N<(J-(-6(G6-.M(%(@7A< D6@( -6( 86( 96( -6( >H.J<F<( > ;@CC( 9<?9<( 6;( -.<( 9H6E< >?8( 9H>C<( 6;( -.<( E768@HO -J6?K( Y6@( H>?( 86( -.J9 <J-.<7( >9( >( 2(34!$56 I>7>-.6?M( 5>-H.J?A( G6-.

E>7-9(6?(-.<(9>I<(8>DM(67 <C9<(9E7<>8(-.<(<?T6DI<?6F<7(-56(<F<?J?A9K S6M( ?65( -6( H@-( -6( -.< >CC( JIE67->?-( 8<->JC9( 6; -.J9( ;>?->9-JH( 6;;<7K( 0.< 4JEE6876I<( .>F< >77>?A<8(>(9E<HJ>C(F6@H.O <7( <UHC@9JF<CD( ;67 7$,50(34 96( -.>-( D6@( H>?

A<-(>(9E<HJ>C(-JHN<-(7>-<(6; T@9-( Z)2( ( AJFJ?A( D6@( -.< G<9-( >F>JC>GC<( 9<>-( ;67 <>H.( E<7;67I>?H<K( [JF<?

-.>-( -.<( ?67I>C( -JHN<E7JH<9( 56@C8( G<( ;76I Z)1K\2( ;67( -.<( H.<>E<99<>-9( @E( -6( Z*2( ;67( -.< I69-( <UE<?9JF<( -.J9( J9( > ;>?->9-JH(7<8@H-J6?K 0.<( 6;;<7( J9( >F>JC>GC< ;67(G6-.(E>7-9K(SJIECD(;6CO C65( -.<( J?9-7@H-J6?9( 6?

-.<( F6@H.<7( >8T>H<?-M ->N<( J-( >C6?A( 5J-.( D6@( -6 -.<( G6U( 6;;JH<( >-( -.< 4JEE6876I<M( @9<( 6?CJ?< >-( 555KGJ7IJ?A.>I.JEO E6876I<KH6K@N( 67( <C9< -<C<E.6?<( -.<( ?@IG<7( 6?

-.<( F6@H.<7( >?8( ->N< >8F>?->A<( 6;( -.J9( A7<>6EE67-@?J-DK

8%$& '()$& *+, -,#$+./0$1& ")& 2(3%"!*1 2(34!$56 7@?9( >-( -.< 4JEE6876I<( ;76I 0@<98>D( 1*( ]( S>-@78>D 13(/H-6G<7K

4@79-(S-7<<-M($J7IJ?A.>IM($\(+0$

JK%)F6DG92-:)E08D6,0) L>>69 0.<(PJ;<(>?8(b8F<?-@7<9(6;(QJH.6C>9 QJHNC<GD(^>7-(%(c(^>7-(%% 0@<(1*(/H-6G<7(](S>-(13(/H-6G<7(1223 0.J9(F6@H.<7(<?-J-C<9(-.<(.6C8<7(-6(HC>JI(-.< G<9-(>F>JC>GC<(9<>-(;67(Z)2(;67(>CC(E<7;67I>?H<9 6;(8%$&'()$&*+,&-,#$+./0$1&")&2(3%"!*1&2(34!$56 9*0.&:&;&9*0.&:: >-($J7IJ?A.>I(4JEE6876I<(6?

0@<(1*(](S>-(13(/H-6G<7(1223K 06(HC>JI(-.J9(9E<HJ>C(9-@8<?-(6;;<7(EC<>9<(->N< -.J9(F6@H.<7(-6($J7IJ?A.>I(4JEE6876I<(4@79S-7<<-(0JHN<-(S>C<9(H6@?-<7M(B@6-<(d7$,50(34e 5.<?(G66NJ?A(GD(-<C<E.6?<(6?(2V32(3*2()1*+ 67(-DE<(J?(-.<(E76I6-J6?>C(H68<(d^&#!"#$!%&'e 5.<?(G66NJ?A(6?CJ?<K( 9!$*1$&+".$&.%(1&"))$0&(1&1/5<$3.&."&!(=(.$,&*#*(!> *5(!(.6&*+,&3*+&5$&?(.%,0*?+&*.&*+6&.(=$&*.&.%$ ,(130$.("+&")&.%$&:+)"0=*.("+&*+,&@*!$1&A*+*B$0C 8%$&"))$0&(1&+"+>0$.0"1D$3.(#$E&+"+>.0*+1)$0*5!$ *+,&3*++".&5$&/1$,&(+&3"+</+3.("+&?(.%&*+".%$0 ,(13"/+.C&-&=*F(=/=&")&G&.(34$.1&D$0&D$01"+&)"0 9*0.&:&*+,&G&.(34$.1&D$0&D$01"+&)"0&9*0.&::&3*+&5$ "5.*(+$,&/1(+B&.%(1&,(13"/+.C&HI&.0*+1*3.("+&)$$ *DD!($1E&JI&"+!(+$C

^<7;67I>?H<(-JI<9_ ^>7-() "#$%&' L<8(1+M(0.@(1\M(S>-(13 (&') 0@<9(1*M(`7J(1a(/H-

^>7-(1( (&') L<8(1+M(0.@(1\M(S>-(13

Q22R)7,6).6+9)7,

%(!"f"f$"! .65(H7>gD(J-9 J8<>C9( 96@?8<8( 5.<?( -.< H6?-76CC<7( 5>9( ;J79>??6@?H<8( O( -.<( LJJ E76IJ9<8( 96( I@H.K( /'M J-=9( >( [>I<&@G<( 5J-.( > ;>?HD( H6?-76CC<7M( G@-( -.< E699JGJCJ-J<9( .>8( I< .66N<8(;76I(8>D(6?<K %( H.69<( QJ?-<?86( ;67 -.<( 9J?AC<( EC>D<7( <UE<7JO <?H<9(6;(A>I<9(CJN<(h<C8> >?8(f>7J6M(G@-(5.<?(%(A6ID(A7@GGD(IJ--9(6?(6?<M(% 5>9( 95<E-( >5>D( GD( LJJ SE67-9(>?8(J-9(I@C-JEC>D<7 E6-<?-J>CK( %-( 9<<I<8 <F<7D6?<(<C9<(5>9(>9(5<CC WJ?HC@8J?A( D6@7( I@IiXK S6I<-.J?A(-.>-(9-668(6@;67(I<(5>9(ID(.6@9<I>-< !>H.><C( 9>DJ?A( 5J-.J? I6I<?-9( 6;( -7DJ?A( 6@-<??J9M( dL65M( -.J9( J9( CJN< >(7<F6C@-J6?(J?(A>IJ?A(67 96I<-.J?AKe( QJ?-<?86 H6@C8?=-( .>F<( 9H7JE-<8( JG<--<7(-.<I9<CF<9K

b(D<>7(6?(>?8(8<9EJ-< 7<H<JFJ?A(I>J?9-7<>I(9->O -@9M( -.<( H6?96C<( .>9( 9@;O ;<7<8( >( 876@A.-( <F<?( -.< S>.>7>( 56@C8( GC@9.( >-K b;-<7( 5<<N( C6?A( 8JF<7O 9J6?9( 6;( LJJ( ^C>D( >?8 L>7J6L>7<M( J-( ;J?>CCD 8>5?<8( 6?( I<( -.>-( -.<7< 5>9( ?6-.J?A( 7<>CCD( J??6O F>-JF<( ;67( I6?-.9( -6 5>7I( ID( I6-J6?( 9<?9J?A H6HNC<9K( #<F<C6E<79( >7< N<<?(-6(@9<(>?8(>G@9<(-.< ;67I@C>( 6;( ^S1( ^67-( j f6-J6?( &6?-76C9( j fJ?JA>I<9( k( ?6F<C-D 7<.>9.K( %( >EE7<HJ>-<( -.< >JI(-6(7<OJ?9<7-(-.<(;6H@9 G>HN( 6?-6( .65( D6@( EC>D J?9-<>8(6;(5.>-(D6@(EC>DM G@-( 5.<?( J-=9( ->HN<8( 6? ?6?9<?9<( J-( T@9-( 8<9-76D9 5.>-(-.<(LJJ(5>9(-7DJ?A(-6 86K( 0.<( J8<>( 6;( -.<( LJJ -7DJ?A( -6( 6E<?( @E( ?<5 5>D9( 6;( EC>DJ?A( J?9-<>8 6;(H6?;67IJ?A(-6(7<HDHC<8

9<B@<C9(J9(C69-(5.<?(.>C;O G>N<8( ;C>A9.JE( -J-C<9( CJN< f>7J6( ^>7-D( V( >7< 7<C<>9<8K( %-( 86<9?=-( H6?O FJ?H<( A>I<79( -6( T@IE >G6>78M( <9E<HJ>CCD( 5.<?

-.<D(H>?(A<-(0JA<7(L6689 5J-.( G<--<7( A7>E.JH9M 6?CJ?<( bQ#( 5J-.6@-( -.< ;67H<8( 7<I6-<( 5>AACJ?AK $@-( >-( C<>9-( ?6?OA>I<79 >7<(H6?-<?-M(7JA.-l 05JCJA.-( ^7J?H<99( >?8 !<9J8<?-( "FJC( +( >7<( E<7O ;<H-( <U>IEC<9( 6;( A>I<9 -.>-(@9<(-.<(H6?-76C9(J?(> 5>D( -.>-( J?T<H-( ?<5( CJ;< J?-6( >( -7J<8( >?8( -<9-<8 ;67I@C>M( >?8( 9.65( -.>D6@( 86?=-( ?<<8( -6( ;C>E D6@7( >7I9( >76@?8( >?8 G7<>N( >( C>IE9.>8<( J? 678<7(-6(@9<(-.<IK PJN<( -.<( #SM( J-( 9<<I9 8<F<C6E<79(>7<(?65(H>CIO J?A( 865?( >?8( ->NJ?A( > .6CJ9-JH(>?8(7<>CJ9-JH(FJ<5 6?( -.<( E699JGJCJ-J<9( 6?

6;;<7M( 5J-.( I67<( 9@G-C< >EECJH>-J6?9( J?9-<>8( 6; 87>I>-JH( 6F<7.>@C9( -.>H6@C8( G<AJ?( -6( G<>7( 7<>C ;7@J-K(&6@EC<(-.J9(5J-.(-.< JIIJ?<?-( A67A<( 6; f<-76J8(>?8(f>7J6([>C>UD >9( 5<CC( $7>5CM( QJ[40SM <-HK( 5J-.J?( -.<( H6IJ?A I6?-.9( >?8( -.<( LJJ( 5JCC G<H6I<( >( 9<7J6@9( 6E-J6?

-6(A>I<79K(07D(>?8(JA?67<

LJJ( `J-( >?8( C66N( >.<>8( -6 5.>-( H6@C8( G<m( %( -7@98<F<C6E<79( N?65( 5.>-.<D(>7<(86J?AK M+0016/)F6.,7BD; b( D<>7( 6?( >?8( -.< QJ?-<?86( LJJ( C66N9( -6( G< 5<CC(J?-6(J-9(95J?A(J?(-.J9 A<?<7>-J6?K( b( .@A< 7<9E6?9<(J?J-J>CCD(H6@EC<8 5J-.( H6?-J?@6@9CD JIE7<99JF<( 9>C<9( .>F< N<E-( J-( 7JA.-( >-( -.<( ;67<O ;76?-( 6;( -.J9( A<?<7>-J6?M 7J8J?A( T@9-( G<.J?8( -.< nG6U( *a2( J?( -.<( C>-<99>C<9( ;JA@7<9( >?8( 5<CC >.<>8( 6;( -.<( 5>?J?A ^C>D9->-J6?( *K( 465<F<7M 5J-.( >( 7<H<?-( 8JE( J?( .JA. B@>CJ-D( 7<C<>9<9( >?8 J?H7<>9J?A( H6?H<7?9 7<A>78J?A( -.<( ;@-@7<( 6; 8<F<C6E<7( 9@EE67-M( T@9.65( >7<( -.J?A9( C66NJ?A ;67(-.<(;@-@7<l `<5(5JCC(8J9>A7<<(-.>>9(>(E>7-D(H6?96C<(O(-.>-(J9 >(;<5(I>-<9M(96I<(87J?N9 >?8( LJJ( G65CJ?A( W67( G6UO J?A( 8<E<?8J?A( 6?( -.< 9-7<?A-.( 6;( -.<( 87J?N9X( ( O -.<(LJJ(J9(86IJ?>-J?A(-.J9 A<?<7>-J6?K( $<-5<<?( LJJ ^C>DM( f>7J6( ^>7-D( >?8 L>7J65>7<(SI66-.(f6F<9 J-( .>9( ;J7ICD( 9<>C<8( J-9<C; >9(>(A76@E(9D9-<IK

/?( -.<( .67Jg6?( C66I <F<?( I67<( .<>FD5<JA.-J-C<9M( SI>9.( $76-.<79 >?8( f>7J6( '>7-( G<J?A( -.< I69-( N?65?( 6;( -.<9<K S>C<9( ;JA@7<9( 9E<>N( ;67 -.<I9<CF<9( 5J-.( -.< >;67<I<?-J6?<8( A>I<9M 6?CD( 7JF>C<8( GD( h<C8>( J? -.<(-6E(9<CCJ?A(A>I<9K bIJ89-( -.J9M( .65<F<7M H>?(J-(.6C8(@E(>9(>(9->?8O >C6?<( A>IJ?A( I>H.J?<l h<C8>(9J--J?A(>C6?<(J?(-.>-6EO9<CCJ?A( CJ9-( 86<9?oG68<( 5<CCM( <9E<HJ>CCD 9<J?A( >9( -.<( ?<U-( G<9-( O 9<CCJ?A(9J?AC<(EC>D<7(A>I< J9( >?6-.<7( ;J79-( E>7-D QJ?-<?86( A>I<M( S@E<7 ^>E<7( f>7J6K( b( B@JHN ACJIE9<(>-(-.<(;@-@7<(>?8 5<( H>?( 9<<( G6-.( -.<( ?<5 f<-76J8(>?8(f>7J6([>C>UD J?H6IJ?AM( G@-( >( 8J9-J?HC>HN(6;(B@>CJ-D(-.J78(E>7-D -J-C<9(;67(96C6(EC>DK(L.<?

H6IE>7J?A( -.J9( -6( -.< 9-7<>I( 6;( 9J?AC<( EC>D<7 -J-C<9(.J--J?A(G6-.(-.<(*a2 >?8( ^S*( -.J9( &.7J9-I>9 9<>96?M( -.J?A9( G<AJ?( -6 C66N(>(CJ--C<(A7JIK "?6@A.( >G6@-( ;>H-9 >?8( ;JA@7<9M( .65( .>9( -.< LJJ( ;<C-( 9J?H<( J-9( f>7H. 7<C<>9<l( L<CCM( @?;67-@O ?>-<CD( ;67( -.J9( 57J-<7M <U>H-CD( >9( -.<( ;JA@7<9 9E<>NK( 4>FJ?A( EC>D<8( LJJ

SE67-9( E7JI>7JCD( >?8 -.<?( >CI69-( <UHC@9JF<CD >9( >( 96HJ>C( A>I<( 5J-. ;7J<?89M( %( 7<>CCD( .>F<( ;<C?6(J?HCJ?>-J6?(-6(9J-(865?

5J-.(J-(>C6?<K(b(C>7A<(E76O E67-J6?( 6;( -.<( -J-C<9( -.>IJA.-( A>7?<7( >--<?-J6? >7<(I<7<CD(E67-9M(96I<(6; 5.JH.( .>F<( G<<?( 6@-( 6?

6-.<7( 9D9-<I9( ;67( ?<>7CD -56( D<>79K( [>I<9( CJN< h<C8>(>?8(!<9J8<?-("FJC(+ %( .>8( >C7<>8D( ;J?J9.<8 <C9<5.<7<M( C<>FJ?A( CJ--C< -.>-( >EE<>C<8( -6( I<M 7<A>78C<99(6;(-.<(9-7<?A-.

6;(-.<9<(F<79J6?9K /F<7>CC( %( H>?( 9-JCC( 9<< -.<(LJJ(9@7FJFJ?A(G<H>@9< 6;( -.<( 8JF<79<( >@8J<?H< 5.JH.( J-( >EE<>C9( -6( >?8 %o8( G<( .>78( E@9.<8( -6 >8IJ-( >?D-.J?A( 6-.<7 -.>?( <?T6DJ?A( <F<7D I6I<?-( %( 9E<?-( 5J-.( -.< H6?96C<K( 465<F<7M( 5J-.6@-( H6?-J?O @<8( -.J78( E>7-D( 9@EE67W<9E<HJ>CCD( 5J-.( 8<F<C6EO <79(9.DJ?A(>5>D(;76I(-.< I6-J6?( 9<?9J-JF<( H6?O -76C9X( J-o9( <?-J7<CD( E699JO GC<(-.>-(-.<(LJJo9(C>-<7(CJ;< IJA.-( G<H6I<( -.>-( 6;( J-o9 6C8<7( G76-.<7( -.< [>I<H@G<m( >( 9C65( >?8 @?8JA?J;J<8(;>8<6@-K N+O6)P+99600

!"#$%&'($

!"#$!%&'()*)+() ),-.(/&0/$"!(1223

O"$.7$,+.,O"5"%1$9 b=BR=($;D<QE@(]=RR=(#;G=<9> ;>A(c97 4;AA9> -788(F<(:.;-K<(.9-(;>A(:.;-(<.9F8A Q7(<.9-

O4%1"+5

=2+&$,+#,&1$,F$$H

M;EA;E(9D(N;EA;EW(

5*,57*%<,-1*2%<):(%=,>?2*

P1"((', 459, Q4&$, >1+0, R, !"#$% &' Y=G7(89-<(96(<.9F-(9F-<(-9(8;`E(<7L QF>>=7<O( "C;=8( -.7C( ;<-FA=9dQFD>6COB9CO P2.?($, R, ()* =>( B989FD( 96( -.7( <7;? <9>O(/>B7(9>8E(;G;=8;Q87(69D(D9E;8?

-E(e(>9:(:7KD7(;88(;889:7A(=>(9>(-.7 ;B-=9>O S$H$, #.+/, B$"613+2.%, R, <;E=>S .=<(B9>6F<7A(SD;>A6;-.7D(fD9BR<KO

Q$".4K%, 6.$$5, 9.$%%, R, ;<( =>@( -.7 9>7( =>( +(,-*.*-(O( $7;F-=6F8( 6=8C@ Q7;F-=6F8( H79H87@( Q7;F-=6F8( AD7<<O a9F@( .9:7G7D@( :=88( Q7( 6;D( 6D9C Q7;F-=6F8( :.7>( E9F( 87;G7@( .;G=>S BD=7A( ;88( E9FD( 7E7( C;R7?FH( A9:> E9FD(6;B7O !"#$%&'()* +#,-* ./0* 1/2#3 R <H7B=6=B;88E( h-.7( .;=DBF-( 7H=<9A7iO 07;D<( ;>A( -;>-DFC<( SF;D;>-77AO MD=B787<<(7>-7D-;=>C7>-O( 8263', F+.(9, T2?, R, -.=S.<O( j2( 96 -.7CO(j1(=6(E9F(=>B8FA7(-.7(D76(kQF:7(A9>K-lO O$"%&, R, &;>;A=;>( <=>S7Dm<9>S? :D=-7D( A76=7<( H9H( HD=>B7<<( C9F8AO &F-7( YJM?7<TF7( G=A79( ;>A( BD;`E 9F-6=-<( ;D7( XF<-( ;( 67:( D7;<9><( -9 QFE(.7D(;8QFC@(/)*%#*.0-1*2O

O"5"%1$9 Q$$5+%, R, <-;D-?96?-7DC( 8=QD;DE S77R<@( :7( .;-7( E9FO( a9F( C;R7( F< ;B;A7C=B;88E( =>;A7TF;-7( ;>A( .9D? D=Q8E(SF=8-EO( !$66"56%, R, A=-B.( -.9<7( BF-?966< ;>A(<7-(E9FD<786(6D77(:=-.(.9<=7DE k>9( <.;G=>S( 69D( ;>9-.7D( <7;<9>( R E;EIl 8$62(4.,#"&,U$45%,R,A9>K-(<=-(9>(-.7 67>B7@( <FH7D?<R=>>E( 9D( :=A7 7>9FS.( -9( <CFSS87( E9FD( SD;>>EO &9CC=-O >(466"56, +##, -."&5$', R, E7<@( .7D >7:( G=A79( 899R<( 8=R7( 89:?QFAS7!F<<=;>( H9D>( QF-( 87;G7( -.7( H99D S=D8(-9(<-7:(=>(.7D(9:>(BD;HF87>B7O %-(A97<>K-(.78H(.7D(-9(D7;A(;Q9F-(=7G7DEA;EO G4J"%, &14&, %/$((, R, -.7D7K<( <9C7?

-.=>S(D7;88E(FH<7--=>S(;Q9F-(Q7=>S =>(;(<C;88(H8;B7(:=-.(;(BD77HE(C;> ;>A( ;( <C788( -.;-( E9F( B;>K-( TF=-7 6=SFD7(9F-O O457', O47$3++H, R, ]/@( :7( A9>K:;>-(-9(Q7(;(H=D;-7@(G;CH=D7@(:7D7? :986(9D(`9CQ=7O(V7(XF<-(:;>-(-9(A9 <9C7(<-;8R=>Sg 45%6) %?$7"4(,?4.&',%1+0,R,:;=-7A 69D(<9(89>S@(S9-(<9(8=--87O -2(('"56, R, <9C7( H79H87( <-=88( S7-.7=D(R=BR<(=>(.9DD=Q87(:;E<O(Y9(-9 -.7(J!&(69D(;AG=B7(;>A(<FHH9D-O

34**5%6.070-89%0(%.:;*6

>5%(,@ V5+5

*+,-.+/"(+0,%1+0%,2%,1+0,&+,3$,4,#4%1"+5"%&4,"5,.46%,+.,."71$%

O"$.7$

F"5&$., #."56$%, R, E9F( >77A( -9 D7-;=>( -.7( .7;-( >9:( -.7( B98A C9>-.<(;D7(.7D7O(J>A(SD7;-(-9(.=A7 Q7.=>A(:.7>(E9F(<77(-.;-(<-D;>S7D :.9( 9667D7A( E9F( :;-7D( -.7( >=S.Q769D7g(.9:(ADF>R(:;<(%W

!"

P4'94', P1+&+W,*+,-.+/"(+0 4"55/( 67889:( 6;<.=9>? =<-;<@( ;>A( :78B9C7( -9 ;>9-.7D( E7;D( =>( -.7( F>= -.;-(>7G7D(<877H<I(J>A(69D -.9<7(96(E9F(:.9(:7D7>K.7D7( 8;<-( E7;D@( ;>( 7L-D;? <H7B=;8( :78B9C7( -9 M;EA;E( 9D( N;EA;EO( P9D( ; 8=--87( Q=-( 96( ;( DF>?A9:>@ -.=<( =<( :.7D7( %( R77H( -.7 <-FA7>-( H9HF8;-=9>( => G9SF7(9>(;(<-FA7>-(QFAS? 7-O( J<( E9F( B;>( -788@( =-K< B.=88=7D( .7D7( -.;>( A9:> <9F-.@(QF-(<-=88(TF=-7(B98A 7G7>( =6( E9FKD7( 6D9C( -.7

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

D7<F8-@(;>A(-.7(.=S.(<-D77<77C<( -9( -.=>R( <9( -99@ :=-.( H87>-E( 96( 9H-=9><O NE( 9:>( :=>-7D( <-;H87( =< 6D9C(!=G7D(%<8;>A@(;(:=A7? <877G7A(-=7?:;=<-(B;DA=S;> 69D(Z*+O,,O(%-(B;>(Q7(:9D> :=-.( X7;><@( 9G7D( ;( AD7<<@ -9( R77H( E9F( :;DC( 9>( ; >=S.-( 9F-( 9D( =>( 87B-FD7<@ ;>A(=-K<(-.7(7;<=7<-(B989FD =>( -.7( :9D8A( -9( C;-B.@ A7B9D;-7( ;>A( ;BB7<9D=<7O 09H<.9H( B;>( Q7( D78=7A FH9>( -9( Q7( 9>( -D7>A( ;>A :=-.( ;( )2[( <-FA7>-( A=<?

B9F>-@( E9F( B;>K-( S9 :D9>SO( NE( :77RK<( M;EA;E@ :.=B.( =<( :9D-.( <H7>A=>S ;(8=--87(Q=-(C9D7(69D@(=<(-.=< SD7E( <.9D-?<877G7A( 899<7 B;DA=S;>(:=-.(;(-=7(=>(-.7 :;=<-O(%-K<(Z*\(QF-(E9F(B;> F<7( -.;-( <-FA7>-( A=<?

B9F>-I( 0.7D7K<( ;8<9( ; 89>S?<877G7A( 9>7( :=-.

QF--9><( =>( ;( B.F>R=7D R>=-@( =>( B;<7( =-K<( ;( 8=--87 -99(B98A(69D(E9FO %6@( .9:7G7D@( -.;-K<( ; 8=--87( -99( CFB.( 69D( ; <H8FDS7@( ]7:( 599R( ;>A MD=C;DR( ;D7( 6;=D8E( D78=? ;Q87@( QF-( 69D( <9C7-.=>S 8=R7(-.=<(%(;AG=<7(;G9=A=>S B.7;H7D( 9H-=9><O( %><-7;A@ .7;A( -9( 4^N@( :.7D7( -.7E

.;G7( ;( :=A7( <787B-=9>( 96 XFCH7D<( ;>A( B;DA=S;><O NE(:77RK<(N;EA;E(B9C7< 6D9C( &9887B-=9>( ;#7Q7>.;C<_( -.=<( SD7E <.DFS( =<( =>BD7A=Q8E( 7;<E -9( :7;D( ;>A( <9( B9C69D-? ;Q87I( P;<-7>( :=-.( ;( X;``E QD99B.@( 9D( XF<-( :D;H ;D9F>A(;>A(<>FSS87(FHI( "=-.7D( :;E@( E9F( ;D7 Q9F>A( -9( <-;E( B9C69D-? ;Q87(;>A(<>FS(;88(-.7(:;E -.D9FS.(-9(>7L-(E7;DO(

<4'94', P1+&+W,*+,-.+/"(+0

8$49$.,:"($//4% 8+3,*+5$%; *2("$,<47=2$$5,459 !27"$,>"%%+5% .$%?+59,0"&1,#$/4($,459,/4($,?$.%?$7&"@$% ABC, +#, +2. #(4&/4&$% #.+/,(4%&,'$4.,?2(($9,+2& %+, 0$, 2%$9, 4, ($&&"56 46$5&,&+,#"59,4,5$0,#(4&D /4&$E, F1$5, 1$, /+@$9, "5; 1$, %$$/$9, 7++(E, G1$ ?.+3($/,"%; 1$,%$$/%,&+ .$4((', ("H$, /$E, I$, ("H$% H5+7H"56,+5,/',9++.,#+.

(4&$, 5"61&, 714&%, 459 &$J&%,/$,01$5,1$K%,($4@D "56, &1$, 1+2%$, 459, 01$5 1$,6$&%,1+/$;,01"71,"%,4 3"&,455+'"56,459;,%$$"56 4%, LK/, +5(', 2?%&4".%; &+&4((',255$7$%%4.'M, F"&1"5, &1$, %?47$, +# &0+,0$$H%;,1$,14%,4%H$9 /$,+2&,&0"7$,0"&1+2&,&1$ +&1$.%E,I+0,9+,L,6$&,1"/ &+,7++(,+##,0"&1+2&,7.$4&D "56,&$5%"+5,"5,+2.,1+2%$ #+.,&1$,5$J&,'$4.N

P=D<-8E@( A9( E9F( 8=R7 -.7( SFE( 9D( =<( 6D=7>A<.=H ;88(.7(B;>(.9H7(69DW(%6(=-K< -.7( 8;--7D( -.7>( E9F( >77A -9( C;R7( =-( B87;D( -.;E9FKD7( <=CH8E( >9-( =>-7D? 7<-7AO(

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a9F( B;>( :9DDE ;Q9F-( ;>E( ;:R:;DA>7<< 9>B7(E9FKG7(7;-7>I V788@(6=D<-(-.=>S<(6=D<?( E9F( B;>K-( Q8;C7( ;( SFE

69D( -DE=>SI( a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

-=9>O( #*1A20B; .;G7 -7;C7A( FH( :=-.( $;A JHH87( 4;=D -9( 9667D( ; .7;A?-FD>=>S B9CH7-=?

-=9>( ?( ;( '7D;<-;<7( -D7;-?

C7>-(;>A .;=D(BF- ;-(-.7 B=-EK<( 6F>R=7<-( <;89>O( 09 Q7( =>( :=-.( ;( B.;>B7( 96 :=>>=>S( ;( '7D;<-;<7 -D7;-C7>-( ;>A( ;( .;=DBF-@ <=CH8E(;><:7D(-.=<(TF7<?

-=9>n(

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

16 !"#$%&'($

!"#$!%&'()*)+() ),-.(/&0/$"!(1223

:5;;$6&

/5&$,#05;,&=$,I<"&50

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

A--9:-8=:( -=( -.98<( ;E8>.-K S.8E9(-.86(DAI(:=-(699D(A 6A-86BA7-=<I( =;-8=:( B=< 6=D9(7=H;E96?(-.9I((7=HEG 6AC9(A(7.8EG(B<=D(;=C9<-I A:G( >8C9( -.9D( A( J9--9< E8B9?(<A-.9<(-.A:(<96=<-8:> -=( -.9( A>9( =EG L<A:P9:6-98:(G9JA-9K *("+$,,-.+/."0

798C9K(%B(A:I-.8:>?(8-N6(J9-F -9<( -.A:( ;87P8:>( E=-K UHDJ9<( VQ3*Q( @.= 9:W=I6( .=<69JA7P( <8G8:> A:G( @=<P6( 8:( -.9( &8-I?( A6 -.9( ;=-9:-8AE( BA-.9<( -= I=H<( 7.8EGK( 5H<9EI( I=H @=HEG( @A:-( -=( P:=@( A6 DH7.( A6( ;=668JE9( AJ=H-.9(DA:(=<(@=DA:(@.=69

35$%,C"5(54"+.(,50"4"6,0$.((',;.&&$0F 46( E=:>( A6( A( 7.8EG( 86 E=C9G?( @.=( 7A<96( @.AD9A6H<96(-.9(;A<9:-6(.AG -=( >=( -=( 8:( =<G9<( -=( .AC9 -.9DT( %( .AC9( :=( ;<=JE9D @8-.( A( BAD8EI( D9DJ9< G=:A-8:>( 6;9<D( =<( 9>>6 -=( A:=-.9<( 8:( =<G9<( B=< -.9D( -=( J9( AJE9( -=( 7=:F

G=:A-8=:(I=HNEE(J9(A779;-F 8:>K 0.=H>.( :=-( :A-H<AE? A779;-8:>( A( 6;9<D( G=:AF -8=:( B<=D( I=H<( BA-.9<( 6= -.A-( I=H( A:G( I=H<( @8B9 7A:(.AC9(A(JAJI(86(.A<GEI 8:796-H=H6( =<( 8DD=<AEK X68:>(6;9<D(B<=D(A(BAD8F

EI( D9DJ9<( 86( :=-( =:EI 6AB9( JH-?( GA<9( %( 6AI( 8-?

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

D$.(&=,.6<,E$.8&'

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`A7=J6( #A86I( 5=E8G a9<BHD9(!8:>?(b12K(%-(86(A 7=7P-A8E( =B( ><A;9B<H8-? @8EG( 6-<A@J9<<I( A:G( WA6F D8:9( -.A-( @8EE( E9AC9( I=H 6D9EE8:>( E8P9( 6HDD9< 6@99-:966( <8>.-( -.<=H>.

-.9( .A<6.?( GA<P( @8:-9< D=:-.6?( @8-.=H-( .AC8:>

-=( 7A<<I( A( EA<>9( ;9<BHD9 J=--E9K SA:-( -=( E==P( ;A<-I ;9<B97-?( JH-( G=:N-( .AC9 -.9( -8D9( =<( D=:9I( B=< ;<=B9668=:AE( .9E;T( 0H<: -=(5-8EA(&=6D9-876(B=<(-.9 A:6@9<K( 0.98<( EA-96-( 7<9F A-8=:( 86( -.9( O6D=PI( 9I9 ;AE9--9N?( b*Q?( @.87.( @8EE

9<6(A:G(@.87.(J<H6.96(-= H69( -=( A7.89C9( -.9( J966D=PI( E==PK( ]=H<( DAP9F H;( @8EE( E==P( 6D=P8:>( .=@8-.=H-(I=H(.AC8:>(-=(>= A:I@.9<9(:9A<(A(B8<9c L8EE( I=H<( .A:GJA> @8-.(<9B8:9G(>EAD=H<(A:G =;-( B=<( ]C96( 5A8:dAH<9:-N6( LA6.8=:( aAE9--9

G"HH($,?"&=,%;5B',$'$%,.6<,.,("4=&,4(5?, E8-9<AEEI( -AEP( I=H( -.<=H>. .=@(-=(7<9A-9(-.9(;9<B979I9FDAP9FH;?(@.9-.9<(B=< GAI( =<( :8>.-K( 4-( -.9( 68DF ;E9(-=H7.(=B(A(JH--=:?(I=H @8EE( <9798C9( 6-9;FJIF6-9; >H8GA:79(=:(.=@(-=(A;;EI I=H<( 9I9F6.AG=@( 8:( EAIF

8:([A<D=:I(@8-.(B=H<(EHMF H<8=H6( ;=@G9<( 6.AG96?

D=HEG9G(-=(),+26(>E8--9<F 8:>( ;9<B97-8=:K( %-( 86( -.9 ;9<B97-( A77966=<I( B=<( -.9 EAGI( =:( 7AD;H6?( =<( =HA:G(AJ=H-(8:($8<D8:>.ADK 4-(b*1?(8-(86:N-(-.9(7.9A;F

96-( 8-9D( =B( -.9( 69A6=:( -= 8:C96-( 8:?( JH-( 8-( 86( 9A68EI A:( 8-9D( -.A-( @8EE( EA6-K( %B I=H(A<9(A(DAP9FH;(7=EE97F -=<( WH:P89( E8P9( DI69EB? -.86( ;AE9--9( DAI( 9C9: J97=D9( I=H<( Y8-( 86( A( 6;9F 78AE(=77A68=:(6=(%(@A:-(-= E==P( ><9A-Z( ;AE9--9K( ^=6D9:( @8EE( :=-( O>9-N( -.86 7=:79;-?(JH-(H6(>8<E6(:99G -=(P99;(6=D9(-.8:>6(JA7P B=<(-.=69(=77A68=:6(@.9: I=H(WH6-(@A:-(-=(B99E(I=H< J96-?( E8P9( A( B8<6-( GA-9?

A::8C9<6A<I(=<(=:9(=B(-.9 D=6-( 8D;=<-A:-( GA-96( 8: =H<(G8A<896?(=H<(J8<-.GAIc( U9C9<-.9E966?( 8B( I=H A<9(<H::8:>(A(E8--E9(E=@(=: 7A6.?( -<I( -.9( :9@( dN/<eAE fEAD( 5.8:9( gF[=H<( fE=66 $<8EE8A:79(E8;F>E=66K(0.9<9 86(A(><9A-(<A:>9(=B(6.AG96 A:G?( =:79( =:?( -.9( >E=66 EA6-6(B=<(A>96c(%-(86(A(6:8; A-( WH6-( b3K,,( A:G( @8EE( >= ;9<B97-EI( @8-.( A( E8--E9 B=H:GA-8=:?( A( 6DA--9<8:> =B( JEH6.( A:G( A( 6E87P( =B DA67A<A( B=<( A( B<96.?( I9;=E86.9G( GAI( DAP9FH;K 4B-9<( AEE?( DAP9FH;( 86 AJ=H-( 7=C9<8:>( H;?( @.8E9 A;;9A<8:>( -=( @9A<( :=-.F 8:>K( UHG9( 86( -.9( @AI( -= >=?(@8-.(DAP9FH;(A:I@AIc

%BH(%B9A7.= JAJJE96(AJ=H-(E8B9 A:G(E=C9KKK %( [4h"( A( 7=:B9668=:( -= DAP9K( %( .AC9( A( J8>?( J8> 697<9-K(^I(7=:6789:79(86 6=( -<=HJE9G( JI( 6H7.

G9798-( -.A-( 8-( 86( 8:BE87-F 8:>( :8>.-DA<96( GH<8:> DI( 6E99;K( %( E=C9( -.9 5;879( f8<E6K( %( 67<9AD9G DI( .9AG( =BB( @.9:( -.9I 7=:B8<D9G( -.9( <9H:8=: -=H<K( 4:G( :=@?( AEE( DI W=I(86(7<H6.9GK(0.9(-87PF 9-6( 6=EG( =H-( A:G( -.9 =:EI(@AI(%(7A:(>=(86(8B(% ;A<-( @AI6( @8-.( A( -<H7PF E=AG( =B( 7A6.( =:( 9$AIK 0.9I( .AG( J9--9<( 8:-<=F GH79(A:=-.9<(-=H<(GA-9KK( 46( DI( 9G8-=<8AE( .A6 AE<9AGI( -H<:9G( 7=:B96F 68=:AE?(%(DAI(A6(@9EE(>= AEE(-.9(@AIK($<A79(I=H<F 69EC96K( %ND( BA678:A-9G @8-.( -.9( 69MHAE( G9C8A:F 7I( =B( A:8DAE6K( %:8-8AEEI? -.86(DAI(6=H:G(GHJ8=H6 iJ=<G9<8:>( =:( ;9<C9<69j JH-( J9A<( @8-.( D9K( #8G I=H( P:=@( -.A-( @.9: B9DAE9( J<=@:( -<=HG=:N-(@A:-(-=(DA-9(@8-.

A( ;A<-87HEA<( DAE9?( -.9I BAP9( =<>A6D6( 6=( -.A-.98<( DAE9( ;A<-:9<( @8EE 9WA7HEA-9( -==( RH87PEI? A:G(6@8D(A@AI(-.8:P8:> -.9INC9( .A:GE9G( -.98< JH68:966T( ^9A:@.8E9?

-.9(B9DAE9(>=96(=BB(A:G B8:G6(.9<69EB(A(<9AE(DA:K 5=(-=(6;9APK( %( G867=C9<9G( DI B9-86.( =:9( BA-9BHE 9C9:8:>(@.9:(%(-H:9G(8: -=(B8C9(i@.87.(86(<A;8GEI J97=D8:>( A( 7<9G8JE9 7.A::9Ej(A:G(-.86(.8EA<8F =H6( -8GJ8-( =B( 8:B=<DAF -8=:( B9EE( 8:-=( DI( EA;K 58:79( -.9:?( %( P99;( 7=DF 8:>( JA7P( B=<( D=<9K( % D9A:?( DI( E8B9( @=HEG:NJ9( 7=D;E9-9( 8B( %( .AG:NB=H:G(=H-(-.A-(-.9<9(86(A 6;97896(=B(-.9(DAE9(699G

J99-E9( -.A-( .A6( A( 6.A<; 6;8PI( ;9:86( A:G( H696( 8-=( -9A<( -.<=H>.( -.9 B9DAE9N6( 6-=DA7.

6-<A8>.-( -=( .9<( <9;<=F GH7-8C9( =<>A:6K( %-( 9C9: .A6( A( :AD9k( -<AHDA-87 8:69D8:A-8=:c( 09EE( D9 I=H( @=HEG:N-( J9 .==P9GK L=<>8C9( D9?( LA-.9<?

B=<( %( .AC9( 68::9GK 0.9<9N6(=:9(D=<9K(%(.A-9 6.=;;8:>K( %( B99E( AED=66A7<8E9>8=H6( 6AI8:>( -.AA6(A(>8<E(A:G(A6(d8B96-IE9 "GK( %( E=C9( JHI8:>( :9@ 7E=-.96( A:G( %ND( 7<A_I AJ=H-( -.9( 6D9EEK X:B=<-H:A-9EI?(-.9<9N6(A EA<>9( JA<<89<( 6-A:G8:> J9-@99:( D9( A:G( DI >=AE( iA:G( 8-N6( :=D=:9I?( :=-( I9-( A:IF @AIjK( %-N6( ;9=;E9K( ]=H .AC9( -.9( 6E=@( @AEP9<6 @.=( 6@AI( 68G9( -=( 68G9 6=( I=H( 7A:N-( =C9<-AP9?

A>><9668C9( ;9=;E9( @.= ;=P9( I=H( 6.A<;EI( @8-.

-.98<( 9EJ=@6( -=( >9-( -= -.9( 7E=-.96( B8<6-?

-9G8=H6( RH9H96( -.AB=<D(A(P8:G(=B(O5N(6.A;9 A:G( DAP9( 8-( 9A6I( -= RH9H9( WHD;( A:G( -.9 =J:=M8=H6( 6AE96;9=;E9 @.=( 7E9A<EI( A<9:N-( >9-F -8:>(A:IK(0.9(E86-(86(9:GF E966K( 4:G( 6=?( %( 6.=;( A6 E8--E9( A6( ;=668JE9K( %D9A:6(DI(7E=-.96(6E=@F EI( G9-9<8=<A-9( H:-8E( % 6-A<-(E==P8:>(E8P9(A(.8>.

7EA66( C9<68=:( =B( A: 4D9<87A:( .=J=K( 5==: %ND( >=8:>( -=( 6-A<A:6@9<8:>( -=( O-<AD;NK #=:A-8=:6(@9E7=D9K

BI8:>( <8G96( =:EI( >967A<89<c( 4E-=:( 0=@9<6( 86 =BB9<8:>( A( EH7PI !9GJ<87P( <9AG9<( -.9 7.A:79( -=( ?"6, ., 2."0, 5# &"+B$&% -=( -.9( -.9D9 ;A<P( GH<8:>( 4G<9:AE8: S99PK( A=.&,"%,&=$,6.;$,5#,&=$ #.%&$%&, 0"<$, .&, *(&56 K5?$0%F *M,*"0 EM,N"&.,O8$$6,5#,G2$$< :M,I6&$020"%$

:J-1IKLKLJ/ 4E-=:( 0=@9<6N( 4G<9:AE8: S99P( <H:6( Q-.F))-.

U=C9DJ9<( A:G( 79E9F J<A-96( -.9( 9:G( =B( -.9 -.9D9( ;A<PN6( 69A6=:K 0.9<9N6(:=-.8:>(JH-(;H<9 AG<9:AE8:F;HD;8:>(-.<8EE <8G96( A:G( @8-.( AED=6-@=( .=H<6( =B( GA<P:966 9A7.(GAI?(-.9(D=6-(-9<<8F

L=<( A( 7.A:79( A-( @8:F :8:>?( 9DA8E( D9( A-( ( 0$<P C0"+B("#$%&'($Q=5&P ;."(9+598B @8-.( I=H< A:6@9<?( ;H--8:>( 7=D;9F -8-8=:(8:(-.9(-8-E9K( 4GHE-( 4G<9:AE8: S99P( -87P9-6( A<9( ACA8EF AJE9( =:E8:9( B=<( WH6-( b)+ =<( b)Q( =:( -.9( >A-9K( L=< D=<9( 8:B=<DA-8=:( =<( -= J==P( -87P9-6( C868@@@KAE-=:-=@9<6K7=D(=< 7AEE(2V32+(++(++(QQK

!LL GREAT CAREERS BEGIN SOMEWHERE

$EBATING (ALL ST &LOOR 'UILD OF 3TUDENTS 4UESDAY RD /CTOBER AM PM Your chance to drop in and meet a range of people from KPMG - ask them questions, seek their advice and together identify the type of work and environment thatâ&#x20AC;&#x2122;s right for you.

Open to students of all years and degree disciplines.

kpmg.co.uk/careers

AUDIT

.

TAX

.

ADVISORY

!" #$%$&'(')* #$%%+",'-$( JKC:KLG%' .7@ @A99MBN( -.8BB( :9K5:7L -59:@( ?98( -.5@( HB78I@( PB8H A8BN5EJB( g7-59:7J 0BJBP5@59:(6>78N@=(>.5A. 78B(P9-BN(?98(EH(PB8H(?B> KBKEB8@( 9?( -.B( MGEJ5A -.89G;.( 8B@MBA-BN( MGEJ5L A7-59:@( @GA.( 7@( 2"5, K7;7^5:BO( 6:-( 7:N( #BA 7:N(V9:7-.7:(!9@@(78B(GM ?98( B:-B8-75:KB:-( MB8L @9:7J5-5B@=( A9KMB-5:; 7;75:@-( BPB8HE9NHI@ ?7P9G85-B( .9K9@BUG7J@ T7GJ(/I[87NH(7:N([87.7K g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aK98B( -.7:( 7( A9:L AB8-I((9:(%0D)O(Q.B(M89KL 5@B@( 7( aP5@G7J( 7AA9KM7:5L KB:-I( -9( B7A.( @9:;( -.7>5JJ( NBJ5;.-( 7:N( 5:-85;GBO `:?98-G:7-BJH=(K9@-(%0D) P5B>B8@( >9GJN( M89E7EJH KGA.( 87-.B8( .7PB( 7 @A9-A.( B;;( 7:N( 7( M7ACB9?(A85@M@O( c10>0: 0*?">'( P'-G>

0.5@( >BBC( @7>( -.B ?58@-( M.7@B@( 9?( -.B( E5; 7:7J9;GB( @>5-A.L9??

EB;5:(>5-.(&GKE857(EB5:; A.9@B:( 7@( -.B( 78B7( -.B [9PB8:KB:-( J5CB@( JB7@-( Z% _B@-\(7:N(-.B8B?98B(?7A5:; -.B( @>5-A.( 9??( ?58@-O ]9>BPB8=( -.BH( >5JJ( 9:JH EB( K5@@5:;( $$&1( ?98( -.B

!"#$!%&'()*)+(!"),-.(/&0/$"!(1223

45-.(6789:(485;.-

?58@-( ?B>( N7H@( 5?( -.BH .7PB:I-( ;9:B( N5;5-7J( HB-O Q9(&J78C@9:(7:N(-.B(;7:; EB--B8( >7-A.( 9G-( L( 5? @K9C5:;(87-B@(85@B(BPB8HL >.B8B( BUABM-( &GKE857 -.B:(-.BH(78B(5:(-89GEJBO />0P*0:Z ->$"*$a('*R'*R ($*0(-')*;

.#$-.)',%")-M A9:-B@-L 7:-@( Q7K( 7:N( 6K7:N7 @-98KBN( -.B( A.78-@( J7@>BBCB:N( >.B:( -.B58 A9PB8( 9?( 6cG7I@( .5)&#" E#)3 >B:-( 5:( 7-( :GKEB8 1iO( RBJJ9>( BUL$$( A9:-B@-L 7:-( Q.7E:7K( 5@( 7J@9 8BJB7@5:;( 7( PB8@59:( 9? >%'(, EH( <GJG=( >.5A.( 7: 5:?JGB:-57J( >BE@5-B( .7@ .B7P5JH( A85-5A5@BNO( V9E >BJJ(N9:B=(%IK(@G8B(H9GIJJ 7;8BBO [B98;B( 6J7;57. @.9GJN(EB(9:B(PB8H(.7MMH K7:(L(NGB(-9(g7-7@.7(a%IPB _G@-( 8G5:BN( KH( A78BB8I '7MJ5:@CHI@( NBM78-G8B( -9 &.7::BJ( j=( .BI@( EBB: 7@CBN( -9( ?89:-( -.B( Q5U( /I AJ9AC( gB>@( @5:;JB.7:NL BNJHO( '7MJ5:@CH=( 9:( -.B 9-.B8(.7:N=(5@(@-5JJ(aBUA5-L BN(?98(-.B(:B>(A.7JJB:;B@ 7.B7NIO( Q9KB( K5;.-( :97;8BB( -.7-( -.BH( 78B( cG5-B >98-.( EB5:;( BUA5-BN 7E9G-=(-.9G;.O %:( 9-.B8( :B>@( -.7:9L9:B( 8B7JJH( A78B@ 7E9G-=(<B@(#B::5@(5@(.7PL 5:;( 7:9-.B8( E7EH( 7-( -.B 7;B( 9?( j*O( ]B8B( 5:( -.B L"=&)#86 9??5AB=( >BIPB 8BA5BPBN(7(#D#(7MM78B:-L JH( BUM9@5:;( -.B( a-8G-.I EB.5:N( -.B( $$&I@ +5/')575O( %-( G8;B@( G@( -9 @M8B7N( -.B( >98N=( EG-( 7-.B(K9KB:-(5-I@(PB8H(G@BL ?GJ(7@(7(-B7(A97@-B8O Y-"->$"0R$")5 IT7" 8$(" '( =%$0($?" >$@( `(-'%%"R)-"'-@

./-01(2"3*"41)5'%$ [0:$Z" V7:B(YA#9:7JN YR$Z"++ /-01"/'R*Z"685B@ bGGQ=0-')*Z &8G5@BLJ5:B8( ;9NL NB@@( 7:N( ;B:B87J 5A9:(9?(;7H@ F0&)Q1'-$" Y*':0%Z '9K9N9(#87;9: 0]"(@BA9:N(5:(9G8(;89G:NE8B7C5:;(@B85B@(9?(?7:-7@-5A AG-( 9G-( 7:N( CBBM( dABJBE85-5B@e( 5@( @5:;5:;( @GMB8@-78 V7:B(YA#9:7JNO(6(:B>(7JEGK(7:N(-9G8(5@(MJ7::BN(?98 122f( EG-( @.B( 5@( AG88B:-JH( 7( 8B;GJ78( 9:( 5:-BJJBA-G7J A.7-( @.9>( F''*"- G'7"/O( 6K7^5:;JH=( V7:B( .7@( .7N ?5PB( 7JEGK@=( 9:B( 9?( >.5A.( @MB:-( -.8BB( >BBC@( 7-( -.B -9M(9?(-.B(A.78-O 3*-$1$(-'*R" F0G-Z" 6@( 7( J5--JB( ;58J=( .B8( ?7P9G85-B( MJ7AB -9( @5-( >7@( 5:( -.B( 875:E9>LA9J9G8BN( @M9-J5;.-( A7@-.89G;.(.B8(?89:-(N998I@(@-75:BN(;J7@@(>5:N9>F( gBU-(>BBCOOO(!5A.78N(7:N(VGNHF(

/)0=+_

H'()-D""634-)'(/=A(;-'I-,%"-8)"7"-=(-7")="-'I-.)#,#*%-58,#/$

]BH( @97M( ?7:@=( >B( .7PB @9KB( -8B7-@( 5:( @-98B( ?98 H9G( -.5@( >BBCF( <5B@( 7:N 5:AB@-( @G889G:N [$'R>P)Q1( Z,,6M7" V)*E F1'7"MJKI=: 7:N(IJTI=:N 7@( /J5PB8( 7:N( "JJB( ?B78 -.BH( A9GJN( @.78B( K98B -.7:( _G@-( 7( M9@-A9NBO ]9>BPB8=( 7@( M7-B8:5-H 8B@GJ-@( 78B( 8BPB7JBN( >B 78B( JB?-( >5-.( 7( N5??B8B:cGB@-59:( L( 5?( T7GJ( 5@( :9-.B(?7-.B8=(>.9(5@W( "UL:G:(&78KBJJ7I@(E7AC -9(.B8(9JN(-85AC@(>.B:(@.B K7CB@(7(M7A-(>5-.([9N(-9 @7PB( !5:;9I@( J5?BO "P5NB:-JH=( -.B( Y7: `M@-758@(5@(:9-(5KM8B@@BN >5-.( .B8( 8BAB:-( A87NJB @:7-A.5:;=( 7@( !5:;9 8BK75:@( 7-( NB7-.I@( N998 7:N( @.B( EBA9KB@( .9KBL JB@@O( TB8MB-G7J( J9@B8 097N5B( 5@( 788B@-BN( ?98 N85:CLN85P5:;O( >5JJ( M998

Q-BM.(B:N(GM(9:(.B8(9>: HB-( 7;75:W( `:?98-G:7-BJH 6N7K=( AG8@BN( >5-.( -.B >98@-( 8B7J( ":;J5@.( 7AAB:9?( 7JJ( -5KB=( 5@( @B-( -9( @-5AC 789G:N(>.B:(TBMMB8(M9M@ -.B(cGB@-59:O( #5@-8B@@5:;( ?98( 7JJ( 5@ -.B( :B>@( 9?( TB;;HI@( NBEM89EJBK@( 5:( \0(-$*?$1( Z,,6M7" V)*" 0*?" F1' WJBB=: 0*?" #Q$(" 0*? #>Q1(" <JTB=:\O( 45JJ( @.B EB(7EJB(-9(CBBM(.B8@BJ?(5: >5;@W( `:@G8M85@5:;JH= Y7U( 7:N( 07:H7( 78B( ?7ABN >5-.( K785-7J( N5??5AGJ-5B@ ?98(7:9-.B8(>BBC(8G::5:;O TJB7@B( @A85M->85-B8@=( _G@N5P98AB(-.BKF(YB7:>.5JB= #9-=(>.9(5@(@B-(-9(9G-J5PB G@( 7JJ=( 8BAB5PB@( @9KB @.9AC5:;( :B>@=( 7:N( >5-.

-.B( M89@MBA-( 9?( 7( ;J99KH >5:-B8( 5:( 47J?98N( J99KL 5:;=( BHB( A7:NH( !9UH K7CB@( MJ7:@( -9( B@A7MB( -9

%E5^7O( &.5JN( 9?( Q7-7:( #7P5N A7G@B@( K98B( -89GEJB( -.5@ >BBC( 9:( -.B( A9EEJB@( 9?

6)1)*0-')*" /-1$$- Z3#LM7 V)*7" 9$?7" F1'" 0*?" /Q* <JTB=:NO(4B(7JJ(?B78(>.7.B( >5JJ( N9( :BU-( 7@( -.B >BNN5:;( J99K@( AJ9@B8O 0.5:;@( .B7-( GM( 5:( -.B 4BE@-B8( .9G@B.9JN( 7@ !9@5B( 7:N( V9.:( @.78B( 7 M7@@59:7-B(C5@@O(

David Platt is a very naughty boy

!.H@( ?5:7JJH( ;B-@( 7( -7@-B 9?( .5@( 9>:( KBN5A5:B( -.5@ >BBC( 5:( C)%%+)0S( H6>0**$%" K7" ]$$S?0+(7

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

TB-BI@(-87@.O(&J7@@HO %-I@( EBB:( 7( @.9AC5:; >BBC( N9>:( 5:( 2'334'56* >.7-(>5-.(-.B(-87GK7(9?(7 ;7@( JB7C( 7:N( -.B( N5@A9PL B8H(9?(7(E9NHO(QA7:N7J9G@F %( A7:( :9-L@9LBUAJG@5PBJH 8BPB7J(-.7-(-.B8B(78B(@9KB 87-.B8( BUA5-5:;( ?G-G8B

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

9)1->"Y"8))SJJJ 0]%Q( >BBC( 9??B8@( @9KB -7@-H( 0D=( B@MBA57JJH( >5-.

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

K7@@( NB@-8GA-59:( -.5@

>BBC( 7:N( [5@E98:BI@ @BA8B-( >B7M9:@L-B@-5:; 78B7(5@(5:?5J-87-BN(EH(7AA5L NB:-( 7:N( KG@-( EB @-9MMBNO(498-.(7(J99CO( /:( -.B( @M98-5B8( @5NB 9?( -.5:;@=( ?98( 7JJ( H9G 8G;EH( ?7:7-5A@( 7:N( M7-85L 9-@=(-.B8B(5@(-.B(A.7:AB(-9 @BB( 5?( ":;J7:N( A7:( 8B-75: -.B58( -5-JB( 5:( -.B( OQRP+ 9)1%?"

6Q=" F'*0%7 H<JKI=:7" 3#LMNJ V5K !9@B:-.7J( 5:-89NGAB@( J5PB A9PB87;B( ?89K( -.B( Q-7NB NB( R87:ABO( 498-.( 7( J99C 7:N(7(@.9G-O( 6( J5--JB( J7-B8=( aT78CHI PB8E7JJH( MJ7H@( >5-.( -.B aMB8CHI( Q9M.5B( #7.J( 7:N -.B( aM9--HI( Q.789: /@E9G8:B( ( 5:( .5@( B:-B8L -75:5:;( EG-( B:J5;.-B:5:; @.9>( 401S'*()*7" HMB=:7 3#LMNO( 0.5@( >BBC( A9:-5:L GB@( -.B( ?5:7J( @B85B@=( 7:N .B( 5@( _95:BN( EH( -.B( @A B58,') _GN;B( >.9( -7JC@ 7E9G-( .B8( :B>( E99C( :%" !"9,- C%5;,")=( 7:N( -.B @GMB8K9NBJ( ( N5@AG@@B@ .B8(J7-B@-(J5-B878H(PB:-G8B +354#/$- D#,%- E)'D/A(;*O

^JTB=:N=( >.B:( .B( 5@( JB?.B78-E89CB:( 7?-B8( .5@ a:B>( E58NI( >9:I-( 8B-G8: .5@( A7JJ@O( 68B( >B( ?5:7JJH @BB5:;( 7( K98B( @B:@5-5PB @5NB( -9( -.5@( 9:BLN5KB:L @59:7J(>9K7:5@B8W(#788B: @.9>@( .5@( -8GB( A9J9G8@ >.B:( .B( 8B_BA-@( -.B( 5NB7 9?( .BJM5:;( N5@7NP7:-7;BN C5N@=( KGA.( -9( h9BI@( .98L 898O( R5:7JJH=( -.B( MB:@59:L B8@I( ?7P9G85-B \::$1?0%$7" H3#L7" V)*E F1'" <JBB=:\( @BB@( Y7-G8;5:;( TB8NH( -9( JB7PB [87H@9:=(>.9(5@(8BA9:@5NL B85:;(7(K9PB(-9(-.B(`QO X$(('G0" \01*(>0]" 0*?

F')*0"6))=$1

45-.(09K("N>78N@(7:N(Q7K587(]7@@7K

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

A7G@B@( -9( -BJBP5@59: @A.BNGJB@O((4.5J@-(%IK(:9A9KMJ75:5:;(7E9G-(@BB5:; V9.::H( 45JC5:@9:( 8G:L :5:;(789G:N(5:(-5;.-(>.5-B @.98-@( C:9AC5:;( KB:( 9: -.B( ?J998( 7:N( ?BPB85@.JH MJ7H5:;( >5-.( -.B58( E7JJO( % N9(J5CB(-9(@5-(N9>:(-9(KH @97M@( M89KM-JH( 73O*2MKO(%0D)=(MJB7@B(@985-(9G-O

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b7 <B9:5\O(498-.(7(J99C(7:N(7 J7G;.O( #Q$(?0+ 9:( 3#LM7 HMB=:N=( U)*@-" 60%%" V$ /-Q='? 5@(-.B(@B85B@(>.B8B ABJBE85-5B@( >5-.( N5??B8B:5:-B8B@-@(A9KMB-B(7;75:@B7A.(9-.B8(-9(-8H(-9(JB78: 7:N( 7:@>B8( cGB@-59:@ 7E9G-(B7A.(9-.B8@(@MBA57JL 5@-(@GE_BA-@O(498-.(7(J99CO 6J@9( 9:( ( #Q$(?0+ 9: Z6>0**$%" K7" W=:N=( X0:'$ 0-" C):$ >.5@C@( G@( 7>7H -9(-.B(>98JN(9?(>5:-B8(@7JL 7N@O( 0.B( A.B?( @B8PB@ .9KB;89>:( >5:-B8( @7J7N

N5@.B@=(5:AJGN5:;(7(E7;:7 A7GN7=( 7( .B8E( 9KBJB--B= 7:N(7(V7M7:B@BL@-HJB(-G:7 @7@.5K5( >5-.( @M89G-5:; .B8E( @7J7N( 7:N( 7( @G8M85@L 5:;( N8B@@5:;O( YB7:>.5JB= ;78NB:B8( $857:( BUMB85L KB:-@( >5-.( @BBN@( -9 NBK9:@-87-B( -.B( ?GJJ 7887H( 9?( A9J9G8?GJ=( -7@-H 5:;8BN5B:-@( 7P75J7EJB( 5: -.B( A9JN( N78C( K9:-.@O 498-.(7(>5:-B8(J99CO

c10-Q'-)Q( ='G-Q1$")5 X)**+

`:-5J( :BU-( >BBC( P5B>L B8@S( @-7HBN( -G:BN( 5:( 7:N -G8:BN(9:O(

Y01)*"O)0G>",1'?R$:0*

#>$"*0S$?"G>$5"R$-( 51Q'-+

^cfYXc i\glkXk`fe

c`d`kc\jj gfk\ek`Xc ^ifnk_ Xe[ jlZZ\jj `ejg`i`e^ Zfcc\X^l\j D\ii`cc CpeZ_ `j fe\ f] k_\ nfic[Ëj c\X[`e^ n\Xck_ dXeX^\d\ek# ZXg`kXc dXib\kj Xe[ X[m`jfip ZfdgXe`\j% Fli `Zfe`Z YiXe[ Xe[ ^cfYXc ZXgXY`c`k`\j f]]\i pfl k_\ Z_XeZ\ kf i\Xc`j\ pfli gfk\ek`Xc n_`cjk nfib`e^ j`[\$Yp$j`[\ n`k_ k_fl^_k c\X[\ij fe gifa\Zkj f] Yi\Xk_kXb`e^ jZfg\ Xe[ Zfdgc\o`kp% Af`e lj Xe[ pfl ZXe Xcjf Y\e\Ôk ]ifd X g\i]fidXeZ\$YXj\[ Zlckli\ f] \oZ\cc\eZ\# n_\i\ i\jg\Zk ]fi k_\ `e[`m`[lXc# Zfdd`kd\ek kf Yi\Xbk_ifl^_# Y`^$g`Zkli\ k_`eb`e^ Xe[ \e[li`e^ mXcl\j Zi\Xk\ Xe \em`ifed\ek ]fi pfli Zfek`el\[ ^ifnk_ Xe[ jlZZ\jj% N\ dljk i\Z\`m\ pfli Zfdgc\k\[ Xggc`ZXk`fe Yp =i`[Xp (-k_ Efm\dY\i )''. ]fi k_\ =lcc$K`d\ gif^iXdd\ Xe[ Dfe[Xp *(jk ;\Z\dY\i )''. ]fi k_\ Jldd\i @ek\iej_`g gif^iXdd\% =fi dfi\ `e]fidXk`fe fi kf Xggcp fec`e\# gc\Xj\ m`j`k dc%Zfd&ZXi\\ij&\lifg\

D\ii`cc CpeZ_ `j Xe \hlXc fggfikle`kp \dgcfp\i%

dc%Zfd&ZXi\\ij&\lifg\

!" 6781

BWHOB<!I-XYXZ-9 X[24-Q!EQOWB-\]]^

?.A+!3.A7*F B$#)"2"&#

!"#$%&'()

*+,"#- .&&)- /!"#$"%0 )"'$123- 24"3- "#2'"1+2$ 5&("2"1+(-24'"(($'6-74$#-+ 8+#- "3- 9")#+55$)- :; 24$- !<=- +#)- 2+9$# +:'&+)- >&'- 1&,$'2- "#2$'? '&@+2"&#A4"3%">$ /B$$3$7"24$'35&&#0 :$1&8$3- 3C35"1"&C36- =3 34$-5$32$'3-24$-+C24&'"?

2"$3A---+-;&C#@-!<= +@$#2 /D+9$- *;(($#4++(0- 32'C@? @($3- %"24- 4"3- 1&#?

31"$#1$6- E4"3- "3- 2&5"1+(A 5'&,&1+2",$- +#)- @'"5?

5"#@6

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

()#*+,#%-.$%+#*%++/#&$#+0&123$45'

!"#$%&'"

!&#2'&(

E4$-W($12'"1

=- 8+R&'- 4"2- +2- !+##$3A 1#,$(#> "3=#2&# !&':"R#F3-5&'2'+"2-&>-24$ D&;- H","3"&#- +'2"32- <+# !C'2"3- +3- +- ;&C#@- 8+#6 GC>>$'"#@- >'&8- $5"($53; +#)- )$5'$33$)- :;- + >+"($)- 8+''"+@$A- #$%?

1&8$'- G+8- B"($;- 3"#@3 4"3- 2&'2C'$)- 3&C(- &C2 %"24-32C##"#@-3"#1$'"2;6 =#- "#2$#3$- 2+($- 34&2- "# 32+'9-8&#&14'&8$A-24"3 :($+9- :"&5"1- %"((- 1+52"? ,+2$-;&C-1&85($2$(;6

U"(8G&1 >&4'%#5+HI$%+G@".J4$+K+L8&4+:48)4" E4"3-$K1"2"#@-H+,")-J;#14->"(8-3$$3-I;($-P1J+14(+# +#)- <3+:$((+- B&33$("#"- )"31&,$'- +- 3$,$'$)- $+'6 UC'24$'- "#,$32"@+2"&#- C#1&,$'3- 24$- 3"#"32$'- C#)$'? %&'()-&>-24$"'-4&8$2&%#A-"#1(C)"#@-H$##"3-.&55$' "#-4"3-8&32-)"32C':"#@-'&($-2&-)+2$6 >3&$'%#5+HM"3+G@".J4$+K+?7F3"+N#"@3 E4$- :'"(("+#2- 5'$)$1$33&'- 2&- 24$- '$1$#2(;- '$($+3$) 8'70 B'$-/0 3$$3- 24$- >&'1$3- &>- J"@42- +#)- H+'9- :+2?

2("#@- "#- 8&)$'#- )+;- P&31&%6- c"3C+((;- 32C##"#@ %"24- 2&#@C$- >"'8(;- "#- 14$$9A- 24"3- "3- +- 4+')?4"22"#@ 34&2-&>-,&)9+-:(&19:C32"#@6

H"'$12&'L P+224$% c+C@4#!+32L- !4+'("$- !&KA- !(+"'$ H+#$3A-B&:$'2-H$-a"'&AP"14$($-_>$">>$'!$'2">"1+2$L-_* 7.Wa:'7.(0 1'5. '$+14$)- "23- 1("8+K- "# \]]dA- #&- &#$- $K5$12$) P+224$%- c+C@4#F3- #$K2 1'+19- &>- 24$- )"'$12&'"+( %4"5-2&-:$-+->+"';-2+($6-J$2 +(&#$- +- >+"';- 2+($- 4$- 1&? %'&2$- %"24- D&#+24+# B&33F3-%">$6 O+3$)- &#- *"+8+#F3 #&,$(- &>- 24$- 3+8$- #+8$A %$- :$@"#- +2- 24$- %+((- 24+2 3C''&C#)3- 24$- 8+@"1+( 9"#@)&8- &>- G2&'84&()6

?#*@5+<$4A

G1'$$#"#@3-+2-^6Y]58-"#-*YYA-W)C1+2"&#-OC"()"#@

G&$+!"#$+,#"7*F' _&&' =,$'+@$ *&&) c$';-*&&)WK1$(($#2

<7%+5.&+O*.APPPQ 1'"'4>',-'C" G+8-+(8&32 :$1+8$-+->$8+($6-E4$-5'&? )C1$'3-$,$#-1&#3")$'$)-W((+ U"2S@$'+()->&'-24$-'&($6

JC19"(;- >&'- 24$- []?;$+' &()- @C+')A- &#(;- 2%&- 5$&?

5($- "#- 24$- 4"32&';- &>- 24$ 32&#$-32'C12C'$-4+,$-$,$' )"35(+;$)-24$-1C'"&3"2;-2& 1'&33- "26- QC'- 5'&2+@&#"32 "3- 2';"#@- 2&- %"#- 24$- 4+#) &>-c"12&'"+-/G"$##+-P"(($'0 "#- 8+''"+@$A- :C2- 4$F3- + (&3$'- +#)- 34$- ("9$3- 24$ (&1+(- R&19- %4&F3- 5'&5&3? "#@- 2&- 4$'- "#- 3$,$#- )+;3 2"8$- %"24- +- '"#@- :&C@42 >'&8A-%+"2->&'-"2A-<53%"146 /<F8- >'&8- <53%"14- +#)A C#($33- ;&CF'$- +- >+#- &> !(+"'$F3- =11$33&'"$3- &' 14+,2+32"1- 9#&19- &>>F3A G"$##+F3- @&"#@- 2&- :$- )"3? +55&"#2$)60 E'"32+#- /!&K0A- C#+%+'$- &>

H"'$12&'L-=#)'$%-U($8"#@ !+32L-W88+-B&:$'23 !$'2">"1+2$L-_* _Q_`J=B 2$$#-:&&9-14+'? +12$'- a+#1;- H'$%- 4+3 >"#+((;-8+)$-"2-2&-24$-:"@ 31'$$#6- =)8"22$)(;A- 24"3 "3-8&'$-("9$(;-2&-'+"3$-24$ +)'$#+("#$- ($,$(3- &>- 5'$?

2$$#-@"'(3-"#-=8$'"1+-24+# 4$'$A- %4$'$- 24$- :&&93 &#(;- 4+,$- ("8"2$)- #&2&'"? $2;6-6',-708(.901+#-+(3& :&+32- &>- :$"#@- 24$- >"'32 :(&19:C32$'- '&($- >&' W88+- B&:$'23A- >&'8$' a"19$(&)$&#- 32+'- +#) #"$1$- &>- 31'$$#- ,$2$'+# DC("+-B&:$'236 E4$- >"(8- "23$(>- 14+'23 24$- 8&,$- &>- 2$$#- 3C5$' 3($C24- a+#1;- H'$%- >'&8 4$'- 38+((- 2&%#- &> B",$'4$"@423- 2&- :"@- 1"2; J=- +#)- 4$'- $>>&'23- 2& 3&(,$-+-8;32$'"&C3-)$+246 a+#1;A- +(&#@- %"24- (&,$

<53%"14F3- (+19- &>- R$%? $(($'3A- C53- 24$- +#2$- :; 5'&8"3"#@- 2&- :'"#@- 4$' :+19-+-34&&2"#@-32+'A-%4&A "2-2C'#3-&C2A-"3-4C8+#6 E4$- 32+'- /H+#$30- "3- + %4"#$;-3&-+#)-3&-?-4+,"#@ 3+")- 24+2A- ">- ;&C- %$'$- + 32+'A- 34"#"#@- 4+55"(;- &# ;&C'- &%#- C5- 24$'$A- &#(; 2&- :$- 9")#+55$)- "#- &')$' 2&- "85'$33- +- @"'(A- ;&C %&C()-5'&:+:(;-1&85(+"# 2&&6 =(3&-,;"#@-2&-'$2'"$,$ 24$-32+'-+'$-24'$$-%"214$3 /($)- %$((- :;- _>>$">$'e3 32'&#@- 2C'#0- "#- 3$+'14- &> 24$"'-(&32-:$+C2;A--+#)-24$ (+32- '$8+"#"#@- 5'"#1$ /G2'&#@0-3$+'14"#@->&'-24$ 'C:;-24+2-%"((--1'&%#-4"8 I"#@6 W>>$123?%"3$A- 24$- >"(8 )$(",$'3f-"2-"3-,"3C+((;->+#?

2+32"1- +5+'2- >'&8- +# +32&#"34"#@- :C)@$2- >+"(?

C'$- %4$#- +- @&+2- )"$3- ?- "2 (&&93-("9$-24$;-14C19$)-+ 1C))(;- 2&;- +2- 24$- %+((6 E4$;- 8C32- 4+,$- %+32$) +((- 24$- 8&#$;- &#- B"19; *$',+"3F- >$$A- %4&- 3&8$? %4+2- +##&;"#@(;- 5(+;3 24$- 3+8$- 14+'+12$'- 4$ +(%+;3-)&$36 &$'()*"$ 4+3-8&'$-:"@ #+8$3- 24+#- 24"3- 4+(>?

2$'8F3- @$#$'"1- +#"8+2$)

8&,"$A- ;$2- 24"3- "3- "23 C#)&"#@6- E4$- >"(8- (+@3 +32&#"34"#@(;- +3- 3&&#- +3 H$- a"'&- 2C'#3- C5- 2&- 1&(? ($12- +#&24$'- 5+;- 3("56- < )&#F2- 9#&%- 4&%- 8+#; S$'&$3- 24$;- %'"2$- )&%# >&'-)"3+32$'3-("9$-;..$0$/. <#-5.("0 +#)- 4"3- 5$'>&'8? +#1$- 4$'$A- :C2- "2F3- '$+((; 32+'2"#@- 2&- 'C"#- 8;- '$? ,"$%"#@-&>-=##)2.>>'" +#) !'?%0 8(%@.(A0 =- @+;- 39; 5"'+2$-)+#1"#@-2&-24$-1+#?

1+#- >&'- &#$- %4&($ 8"#C2$V-74;V =3- 24$- >"(8- )'+%3- 2& "23- "#$,"2+:($- 1&#1(C3"&#A <F8- 32"((- #&#$- 24$- %"3$' %4;- c+C@4#- 2&&9- 24"3 5'&R$12- &#f- "23- @&2- "8+@"? #+2"&#- +#)- +- '+>2- &> )$1$#2-5$'>&'8+#1$3A-:C2 24$- 32+'- 3+2C'+2"&#- &#(; ($+)3- 2&- 8"33$)- &55&'2C? #"2;6

:;,<(=> E4"3- @'$+2- +),$#2C'$- "3 'C"#$)- :;- 24$- )'+8+2"1 )"5- "#- 5+1$- 4+(>%+; 24'&C@4-+#)-24$-#$$)($33 1+32"#@- &>- 3&- 8+#;- 32+'36 *$',+"3- +#)- H$- a"'&L 9#&%- %4+2- ;&C'- :$32- +2A +#)-32"19-2&-"26

B84C+D#@E&4'

G*@4 "#2$'$32- a$)A- +#)- #$% +##&;"#@- 3")$9"19- !&'9;A C#1&,$'3- 1(C$3- +2- +# "85'$33",$-'+2$A-%4"($-24$ 314&&(- 31$#$3- +#)- +12"&# 3$b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

:;,<(=> =- %+214+:($- 14"19- >("19 24+2- (+193- 24$- 35+'9- - 2& +55$+(-2&-&()$'-,"$%$'36

=8#$4+/.&7'4+<..8#*

H"'$12&'L-D&4#-!+'#$; !+32L- *($#- .+#3+')A P+'9g2+-<'@(&,h !$'2">"1+2$L-Xd BQP=a!WA- 24$;- 3+;A- "3 ("9$- >"K"#@- +- .&&,$'6- Q'A +2-($+32A-24+2-3$$83-2&-:$ 24$-5'$8"3$-:$4"#)-+,-.6 HC::$)-:;-3&8$-+3-+ 8C3"1+(A- 24"3- "3- 8&'$ "#)"$- )'+8+- 24+#- @("2S; 32+@$-34&%A-+#)-"3-+((-24$ :$22$'- >&'- "26- <2- :$@"#3 %"24- 24$- 14+#1$- 8$$2"#@ &>- +- @C"2+'?32'C88"#@ '$5+"'- @C;- +#)- +#- "88"? @'+#2- @"'(- %"24- +- :'&9$# ,+1CC8- 1($+#$'- "#- 2&%6 =3- 24$;- 32'&((- 24$- 32'$$23 &>-HC:("#A-24$;-)"31&,$'-+ 34+'$)- (&,$- &>- 8C3"16- =# "#2"8+2$- 5"+#&- 34&5- 3$3?

3"&#-(+2$'A-+#)-24$-35+'93 '$+((;-32+'2-2&->(;6 OC2-24"3-"3-#&-1&#,$#?

2"&#+(- '&8+#1$A- 24$- 2%& 2&'2C'$)- ($+)3- +'$- :&24

'$+("32"1+((;- (+)$#- %"24 5+"#>C(- 5+32- 5+33"&#36 _C22"#@- 24$"'- 3&''&%- "#2& 8C3"1A- 24$- )C$2- 3"#@ 2&@$24$'A- @&"#@- &#- 2& '$1&')- +- )$8&- 2+5$- "#- + (&1+(-32C)"&6 +,-. 4"#@$3- $#2"'$(; C5&#- 24$- "#2"8+2$- "#2$'? +12"&#- &>- 24$- 1&C5($6 E4+#9>C((;A- 24&C@4A- 24"3 2C'#3- &C2- 2&- :$- +- @&&) 24"#@f- :$("$,+:($- +#) 14+'8"#@A- 24$- +12&'3 :&#)- "#- +#- $#)$+'"#@(; 3C:2($- %+;6- E4$;- $,$# 5(+;- 24$"'- &%#- "#32'C? 8$#23- (",$- ?- +- 8+32$'?

32'&9$A-%4"14-+))3-(+;$'3 2&-3C14-+-3"85($-31$#+'"&6 H$35"2$-"23-2'+@"1-:+(? (+)3A- 24"3- 3C'5'"3"#@(; 34&'2- 2+($- +,&")3- 4$+,;?

4+#)$)3$#2"8$#26 <#32$+)A- +,-. "3- +- @'"22;A '$+("32"1'$#)$S,&C3 :$2%$$#- 2%&- 32'+#@$'3A- + 2&C14"#@- '&8+#1$- +:&C2 8C3"16- =#)- +- :'&9$# .&&,$'6

:;,<(=> +,-. "3- :&24- 3%$$2- +#) 3+)6- E&- 1+((- "2- HC:("#F3 D(%.20E,-#*,$.( %&C()-#&2 :$-+#-$K+@@$'+2"&#6

()#*+,#%-.$%

D(0E

S"^!SPLK'G]Gd'L Ge.2'fL1f!"S'MIIN

;$(#<+!)O-.)&#$3

D(0E+F#13

X"2)+U25<-$5 &20=3+&-+&'#+5($#O&-$+-<+!"#$%&'()#*+#,)#*-I+9&#<2)+U.Y-1(&3=%

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

/+0#*(&(E2&#+3.OO#33 42-.4*' 384.&7;' 6&&)38: .2&' ,7%&97' A/' 234' 43;&g /-('79&'<-9,&;'.-'3;&8.3</ 53.2'23%*'&?&8'.2-(:2'2& 34'8-.'@36&7A@&D

GZ4+5(5+(&+O-E#+28-.&R P.' 574' 7' 4.978:&' ,-38,3= ;&8,&g' ' .5-' )9-;(,&94 53.238' .5-' 5&&64 7))9-7,2&;' %&' 53.2' .2& 47%&' 4.-9/D' P' .2-(:2. _.234' 34' ;&4.38/`' 78; 38.9-;(,&;' .2&%' .-' -8& 78-.2&9D' P' 574' 38.93:(&; A/' .234' (82&79;' 4.-9/ 7A-(.'.2&',-(8.&9<&3.&9'38 .2&',-8,&8.97.3-8',7%)D [-+ %-.+ &'()=+ &--+ E2)% <(0E3+ O-.05+ #"#$+ 8# E25#+28-.&+44XXR+,-.$3 (3+\.(&#+5(3&()O&("#+<$-E &'#+#:(3&()*+O2)-)QQQ 12&9&'5&9&'7'@-.'-<')&-)@& 52-' 473;' _-2*' 78-.2&9 %-?3&' 7A-(.' .2& X-@-,7(4.`DDD' E2&8 9&4&79,238:*' P' <-(8;' 4%78/' 38,9&;3A@&' 4.-93&4 -<' )&-)@&' %7638:' ;&,3= 43-84' A&.5&&8' @3<&' 78; ;&7.2g' .2&9&' 27?&' A&&8 78;' .2&9&' 53@@' A&' %78/ %-9&'%-?3&4'.7638:')@7,& 53.238'.27.')&93-;D Z)#+ -<+ &'#+ O'2$2O&#$3 32%3J+ ]XN5+ $2&'#$+ 0("#+ &8#+ *233#5+ &-E-$$-1 &'2)+8#+3'-&+<-$+)-&'()* &-52%^Q+ S2)+ 1#+ (5#)&(<% 1(&'+ &'#+ O-)<0(O&+ &'#% <2O#R P' .93&;' 8-.' .-' %76&' 3.' 7

4'#)+1$(&()*+&'#+3O$##)P H02%I+ 5(5+ 2)%+ 2O&-$3 O-E#+ &-+ E()5I+ -$+ 123+ (& -)0%+ 02&#$+ &'2&+ %-. &'-.*'&+-<+/.*.3&+[(#'0 2)5+72$0+a2$O-"(O3R

234.-9/' @&44-8' 78;' A938: ()' (83?&947@' j(&4.3-84 .27.' 5&' ,78' 9&@7.&' .-g %-97@*' &.23,7@' 344(&4 9&@7.38:' .-' 3;&7@34%' 78; .2&' )93?3@&:&;' 43.(7.3-8 .2&' ,-(8.&9<&3.&94' <-(8; .2&%4&@?&4' 38D' E&' @3?&' 38 93,2' ,-(8.93&4' 523@&' )&-= )@&'79&'@3?38:'38':9&7.'%34= &9/' 78;' )-?&9./' &@4&= 52&9&' =' 42-(@;' 5&' O(4. :3?&' %-8&/' -8,&' 38' 7 523@&'-9'79&'5&'7@@-5&;'.&8O-/'5&7@.2c

A&' 38.&9&4.&;*' .-' (4&' 7@@ %/' 463@@4' 74' 7' <3@%%76&9* .-'%76&'.234'7',-%)&@@38: .293@@38:*' 38.&9&4.38:* &%-.3-87@' %-?3&D' 12& 4-(8;.97,6'34')79.'-<'.27.D 12&' .78:-' 574' .2&' )-) %(43,' -<' .27.' .3%&*' &4)&= ,37@@/' <-9' .2&' ,9--64' 78; )9-4.3.(.&4D' "%-.3-87@@/* 3.C4' )&9<&,.g' .2&9&C4' 7' @-.

-<' 47;8&44*' A(.' 7.' .2& 47%&' .3%&*' )7443-8' 78; &8&9:/D

6'#+<(0E+(3+2+E(:+-<+*#)P $#3_+&'#+3-.)5&$2O=+(3+2& -)O#+ 325+ &'#)+ 20E-3& W2.)&%+2)5+25"#)&.$-.3Q

6'#+<(0E`3+H#$3H#O&("#+(3 "#$%+ E.O'+ 8#'()5+ &'# O0-3#5+ 5--$3I+ 1(&'+ 2 O02.3&$-H'-8(O+ 2&E-3P H'#$#+2&+&(E#3Q

12&' 7(;3&8,&' PC%' .7@638: .-'79&'8-.'.2&')&-)@&'52,-%%3..&;' .2&4&' ,93%&4D P.'5-(@;8C.'%76&'4&84&'.7,,(4&' .2&%' -<' 78/.238:D P' .93&;' .-' 38?3.&' .2&%' .-

P'.-@;'.2&'4.-9/',-%)@&.&= @/' <9-%' +7@@/C4' R+7@-%-8U )&94)&,.3?&' h' .2&9&C4' 8-.

-8&' 4,&8&' 53.2-(.' 23%D E&' 7?-3;&;' %74.&9' 42-.4 .27.'5&9&')78-97%3,'53;&

PC?&' 8&?&9' 27;' 4(,2' 78 38.&@@3:&8.' ,74.' 53.2' 4%78/' 3;&74D' "4)&,37@@/ #(:(4.' h' 2&' 5-(@;' 47/ _5&',-(@;';-'.234'-9'.27.` 78;' .2&' 3;&74' 5&9&' 43843:2.<(@'78;'.9(&'<-9'.2& ,2797,.&9D' E&' 9&2&794&; <-9'7'%-8.2'74'78'&84&%= A@&*' 523,2' 9&7@@/' 2&@)&; .-'5-96'-8'.2&'4,93).D [-#3+ 2+ H2$&(O.02$+ &'#E# 2HH#20+&-+%-.R+,-.$+)#:& <(0E+ (3+ <-$+ O'(05$#)+ P+ 2 O-EH0#&#+ O-)&$23&+ &!"#$ %&'()#*+#,)#*-Q+ [&'#%+'2"#+2)%&'()*+2&+200 ()+O-EE-)R Rb7(:24U' P' %7;&' .2&' ,23@= ;9&8C4' <3@%' A&,7(4&' PC?& :-.' .5-' 63;4g' .2&/' 79& 3%)-9.78.' .-' %&D' !(.' %/ J7V3' :978;)79&8.4' 79&' 7 A3:' )79.' -<' %/' @3<&' .--D #@4-*' 74' 7' ,97<.4%78' 3.C4 38.&9&4.38:' .-' &W)&93%&8.

A&.5&&8':&89&4D

9(0"#$3O$##) !"#$%&'()*+,-.+/012%3+42)&#5+6-+7)-1+/8-.& 9#:+;.&+4#$#+/<$2(5+6-+/3=+>?@ABC

%3H C#/9( .*( F#$.9*' +&.2 L-2&8' <9-%' %,&( H-* C&#",( -#1( I=$( -@".&* !E#2&+<( %,&( 3&9"( 3.*5* 78;' B-28' +.&579.g' 7@@' -< .2&4&' -5&' 7' 2(:&' )79.' -< 527.' .2&/' 79&' .-' E--;/ #@@&8D' P.' ,78' &?&8' A& 79:(&;'h'78;'3.'274'A&&8'= .27.' 7' 52-@&' 4&,.3-8' -< .2&' %7@&' )-)(@7.3-8' -5& 78/' 9-%78.3,' 4(,,&44 .2&/' &?&9' 27;' .-' E--;/ #@@&8D' +(,2' 34' .2&' @74.38: 3%)9&443-8' .27.' 2&' 78; 234'5-96'27?&'@&<.'-8')-)= (@79' ,(@.(9&*' .27.' 78/' -< 234' 5-96' =' A&' 3.' <3@%* 4.78;=()' -9' )9-4&' = 42-(@;' A&' &W)&93&8,&;' 7. @&74.' -8,&' 38' @3<&' R78;' A/

a7.'@&74.'-8,&C*'P'-A?3-(4@/ %&78' a9&)&7.&;@/' .3@@' .2& &8;'-<'.3%&CUD E23@&' JKL3ML! R7AA9&?37.3-8' ;&<383.&@/ 8&,&4479/U' 34' -8&' -< #@@&8C4'&79@3&9'<-97/4'38.<3@%'78;'38'.(98';-&4'8-.

9&7,2' .2&' ,-%&;3, 2&3:2.4'-<'L**.&(B#:: 78; D#*,#""#**'3.'34'4.3@@'%-9& .278' &8.&9.73838:D' 12& <3@%' 34' 4&)797.&;' 38.4&?&8' ,-%)@&.&@/' 38;&= )&8;&8.' ,27).&94*' &7,2 <-,(438:' -8' 7' )79.3,(@79 4&W'Q#Z'R.2&'<3@%'34'@--4&= @/' A74&;' -8' .2&' A--6' -< .2&'47%&'87%&UD'f8&'4(,2 .-)3,'34'_#9&'.2&'<38;38:4 -<' ;-,.-94' 78;' ,@383,4

52-' ;-' 4&W(7@' 9&4&79,2 7,,(97.&c`*' 523,2' &8;4 53.2'7'9&8&:&;':378.'A--A A&38:' A9-(:2.' .-' O(4.3,& 78;' 38,@(;&4' .2&' @38&' _P 574' .2&' <394.' -8&' .-' ;34= ,-?&9' .2&' ,-88&,.3-8 A&.5&&8' &W,&443?&' %74= .(9A7.3-8' 78;' &8.&938: )-@3.3,4D` X-5&?&9*' .2&' ,9i%& ;&'@7',9i%&'-<'JKL3ML!C4 93;3,(@-(4' ,27).&94' 27?& .-' A&' _E27.' 34' +-;-%/c` 78;' _E27.' X7))&84' ;(9= 38:'"O7,(@7.3-8c`'12&'<-9= %&9' <&7.(9&4' 78' 75&= 384)3938:' )&9<-9%78,&' A/ T&8&' E3@;&9D' P8;&&;*' 3< &?&9' 38' 4&79,2' -<' .2& ;&<383.3?&' E3@;&9' )&9=

<-9%78,&*' ;-' 8-.' A& <--@&;' 38.-' A&@3&?38:' 3. ,78'A&'<-(8;'38'.2&'-93:3= 87@' -,#$:.&( N( ",& -,=2=:#"&( O#2"=$/ -9 P:#Q.*5( !#++:&9D' E3.2-(.

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`' %-..-* 78;' .2&' 7))&7978,&' -<' 7 ,-8<(4&;' A@7,6' 4)&9%' 38 .2&'A-;/'-<'7'B&5342'%78 79&' O(4.' )79.4' -<' 3.4' .9(@/ 7%7V38:' ,-%3,' 4&.=()D' P. 7@@' A(3@;4' ()' .-' .2&' )&9= <&,.' &8;38:' <-9' 7' <@7.' <(@@ -<' 4.(;&8.4' @--638:' <-9' 7 :3::@&D M#33+7(E

;#2E+E# .HI 9(E-)J K#**+2)5 /8$2E3 &-*#&'#$ 2*2() E3.2' .2&' 9&@&74&' -< .2&' !&)( #*+( ",&( -."/ %-?3&' 4@3:2.@/' 8&79&9 .278' .234' )-38.' @74.

5&&6*' K3%' L7..97@@' 34 42-538:' .27.' @3<&' 3%3= .7.&4'79.'-8,&'7:738D'B(4.

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

B7,64-8' 274 788-(8,&;' .234' 5&&6 .27.' 42&' 34' 4.79938:' 38 2&9' <394.' 9-@&' 38' 4&?&8 /&794' 74' 7' )4/,2-@-:34.

38'1/@&9'>&99/C4'3,/(+.+ 4( 5&"( 6#$$.&+7 B78&. %&8.3-8&;' .27.' 42& &8O-/4'A938:38:'.9(.2'.7' 9-@&' 52&8' 42&' 34' 7,.= 38:D' P.' 42-(@;' A&' <739@/ &74/' .2&8*' :3?&8' .27.

42&' 274' A&&8' %7993&; 78;';3?-9,&;'.53,&D 8#$9( #*+( ",&( 0&#: ;.$:<( 7' 8&5' <&&@=:--; <3@%*' 34' 4--8' 4&.' .-' 23. .2&'A3:'4,9&&8*',2&&938: ()' .2-4&' ,-@;' 538.&9 83:2.4D' Q&&@=:--; %-?3&4' 79&' .2-4&' 38 523,2' ;&@(;&;' )9-.7:-= 834.4'.9/'.-')&94(7;&'(4 .27.' .2&' 2&9-C4' ;&@(43-8 %7/' A&' 7' :--;' .238:D 1234'-8&',-(@;'A&'38.&9= &4.38:*' .2-(:2*' 74' .2&

!"

<3@%C4' 2&9-*' MN=/&79' -@; @-8&9' RS/78' T-4@38:U* <7@@4' 38' @-?&' 53.2' 7' @3<&= 43V&' 4&W' .-/D' Q&&@=:--;* 38;&&;D G20< F#03-)#5R U%2) V-30()* 3).**0#3 .H+&-+2 3#:+&-%Q+ B-&' >&4,3' 78;' X&@&8 $399&8' 79&' 7@4-' <&&@38: :--;' 7A-(.' .2&39' 8&5 <3@%*' 8=>&( !,#2'*' .2& 4.-9/' -<' 7' ,-()@&' 52-)&8'7'4&%3=@&:7@'A9-.2= &@'38'.2&'Y+#D'12&'<3@%'34 4,2&;(@&;' .-' 4.79.

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

A-74.38:' ^783&@' L973: 78;' B3%' L79.&9*' .234' 34 -8&'.-':&.'&W,3.&;'7A-(.D #@.2-(:2' 73%&;' 7. ,23@;9&8' 78;' ;&4,93A&; 74' 7' %3W' A&.5&&8' 8="0 78; B#$$/( F=""&$<( .2& .973@&9' 238.4' 7.' 7' ;796 4&W' 7))&7@' 78;' 78 38.&84&' 9&@7.3-8423) A&.5&&8' .2&' /-(8:' @&7; ,-()@&D ^97538:' 7..&8.3-8 757/'<9-%'#%&93,7C4'9&= 87%38:' -<' >(@@%78C4 8-?&@*' G=$",&$*( 8.5,"9* .2&' 4,78;7@-(4' ,-8.&8. )9-%).&;' )79&8.4' .,-%)@738' .27.' 3.' 574 _(84(3.7A@&`' <-9' .2&39 ;&@3,7.&' @3..@&' <@-5&94D #<.&9' [-(1(A&' 2-AA3. )-98' 78;' 3,6@&' ^788/ S7;,@3<<&C4' a.9&74(9& .973@C' @74.' /&79*' 0&+1$.2' 34'279;@/'4(9)934&;D 127.C4' 7@@' .2&' 8&54 <-9' .234' 5&&6*' (8@&44 78/A-;/',-(8.4'b38;47/ b-278C4' .239;' 9&@&74& <9-%' 9&27A' .234' /&79c J-*';3;8C.'.2386'4-DDD G#)+4'(&#

!! 1$&+'2'34.$-

!"#$!%&'()*)+(2 ),-.(/&0/$"!(1223

;/)8/)'1$&+'1(.%$6"&

9:(';".%';(<$/)

!"#$%"&'()%(*%"$)+()%',$-,.'/00 /4 5678697:;<( =6>?69-6@ ABC:@6( DE:;67( .F9-( -F 9-:@9(:87(G:89(:E>H6(:9(-.6 0>I69( J)9-( $K% =F87F8 K>EI K69->L:E( M6N:8O( 0.6 /D68>8N(P:E:(Q:9(!"#$%&' (&)*+#%#<(:(!C99>:8(N:8NR 9-6@( -.@>EE6@( G@FI( $@>->9.

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

#>@6?-F@](#FCN(=6GE6@ &:9-]( $68( '>8N9E6;<( &FE>8 K>@-.<(0.FI:9(A:8N9-6@ &6@->G>?:-6]()1V

?:@66@O(0.>9(>9(-.6(G>@9-(FG -.6( =KKU9( T:9-6@?E:9969 :87( -:H69( DE:?6( -F8>N.-< K@>7:;(),-.(/?-FM6@O 46X-( Q66H<( 0FI &@C>96(.>-9(-.6(-FQ8(Q>-.

9+)'#-0)&-9"*>#<(-.6(9-:@R 9-C7767( G6:-C@6( G@FI !FM6@-( !67GF@7O( #6:E>8N Q>-.( ?F8-6IDF@:@;( DFE>R ->?9( :87( -.6( ?F896R BC68?69(FG(Q:@<(-.6(G69->R L:E( F8?6( :N:>8( 76IF8R 9-@:-69( >-9( EFL6( GF@ D@FLF?:->L6( G>EI9O( %G MEF?HMC9-6@9( :@68U-( ;FC@ -.>8N<( -.6( =KK :E9F 9?@6689( :8( >ID@699>L6 DE6-.F@:( FG( G>EI9( 6L6@;

7:;(E:-6(>8-F(-.6(6L68>8NO K@FI( >8L69->N:->L6( 7F?CR I68-:@>69(:87(:@-;(9.F@-9 -F(>87>6(?FI67;(:87(6D>?

7@:I:9<(-.6;(.:L6(:EE(-.6 M:969(?FL6@67O VIF8N(>-(:EE(:@6(9FI6 9>N8>G>?:8-( 9?@668>8N9< 9C?.( :9( =F@7 V--68MF@FCN.U9( 6D>? @FI:8?6(?2)#+'8-$5%-@+'8O 0.6( /9?:@RQ>88>8N 8:->F8:E( -@6:9C@6( Q>EE( M6 -:H>8N(D:@-(>8(:(YZV(:G-6@ -.6( G>EI( [AC87:;( 1)9/?-FM6@\O 0@:G:EN:@( ABC:@6( Q>EE :E9F( ?FID6-6( Q>-.( >-9 BC:7@>E:-6@:E( ?FC8-6@D:@-

M;(DE:;>8N(.F9-(-F(:(E:@N6 L>76F( 9?@668<( Q.>?.( Q>EE 9.FQ( :@?.>L6( G>EI9( 96-( >8 =F87F8O(0.696(:@6(:EE(G@66 -F( Q:-?.( :87( -.>9( ;6:@< 8F-:ME;<( ;FC( ?:8( 966( -.6 6:@E;( W>-?.?F?H( -.@>EE6@< A2"3B*"+2O KF@( -.6( G>@9-( ->I6 6L6@<(@%:>&+3B Q>EE(M6(?FLR 6@>8N( -.6( G69->L:EU9( 6X?>-R >8N( J)9-( ;6:@<( G6:-C@>8N >8-6@L>6Q9<( @6L>6Q9( :87 IF@6O( KF@( IF@6( >8GF@I:R ->F8<(L>9>-(-.6(Q6M9>-6]

QQQOMG>OF@NOCH^EGG

56")'7"80/*8

4.!- 9"#$- 9%8+)' >9( -.6 9-F@;( FG( !FICEC9 VCNC9-C9( [A:8N9-6@\<( -.6 E:9-( "ID6@F@( FG( !FI6O $:@6E;( >9( .>9( .CM@>9->? ?@FQ8( -FC?.>8N( .>9( D@6-R -;( E>--E6( MF8?6( M6GF@6 !FI6( >9( M69>6N67( M;( -.6 PF-.9O(%8(F@76@(-F(@6?E:>I -.6(@CE6(FG(!FI6(.6(IC9M6(-:H68(F8(:8(6D>?(_FC@R 86;(:EF8N(Q>-.(.>9(Q>`:@7 I68-F@( ['>8N9E6;\( :87 MF7;NC:@7( [K>@-.\( -F( G>87 -.6( E6N687:@;( 9QF@7( FG aCE>C9(&:69:@O W>9-F@>?:EE;<( >-( >9 :MFC-( :9( >8:??C@:-6( :9 ;FC( ?:8( N6-<( Q.>?.( 7F69R 8U-( C9C:EE;( I:--6@( [7F?CR I68-:@>69( M6EF8N( F8( -.6 #>9?FL6@;( &.:886E\( MC-.6( >IDE:C9>M>E>-;( FG( -.6 DEF-(:87(-.6((FL6@E;R968->R I68-:E( ME687>8N( FG( 7>GR G6@68-( GFEH( -:E69( >9( 7>9R -@:?->8NO( %8( -6@I9( FG ?.669>8699<(>-U9(?>86I:->?

$FC@9>8O W>9-F@>?:E( M:9-:@7>9:R ->F8( :9>76<( 9%8+)' :E9F .:9( ( 76EC9>F89( FG N@:876C@O( 5>-.( -.6 Q6:E-.( FG( -.69D>:8( -:E68[:87( -.6( H>7( G@FI( 9)<% ,3$C"22/\( >8LFEL67( >8( : -6X-MFFH( 9-F@;( FG( !FI:8 .6@F>9I<(;FCU7(M6(GF@N>LR 68( GF@( :99CI>8N( -.:-( >QFCE7( E>L6( CD( -F( -.6( G>86 -@:7>->F8( FG( 6D>?( ?>86I:O $C-<(:9(-.6;(9:;<(:99CIDR ->F8( >9( -.6( D:@68-( FG( :EE 7>9:9-6@O 0:?H;( 9-:N>8N( M6E>-R -E69( :8;( E6N687:@; >ID@699>F89( :87( ?.6:D DE:N>:@>9>8N( -:?->?9( ( 7F 8F-.>8N( -F( .6EDO( K>@-.U9 9D66?.69( -F( .>9( 9FE7>6@9 9-FD(_C9-(9.F@-(FG(BCF->8N D2":+"$)& F8( 96L6@:E F??:9>F89( :87( :( 9?686 Q.6@6( :( 9I:EE( M:87( FG I68( :87( :( Q>`:@7( >8 Q.>-6( ?@F99( -.6( VED9 9.FCE7( M6( IF@6( -.:8 68FCN.( -F( .:L6( b6-6@ a:?H9F8U9( E:Q;6@9( GE;>8N >8-F( :( ME>87( @:N6O( 0.6 9-F@;( >9( Q6:H<( -.6( 6X6?CR ->F8(Q6:H6@<(:87(MF-.(:@6 D:>8GCEE;(FML>FC9O

=>7?5!9 0.>9( E:MFC@67( IF@:E>-; -:E6( FG( :( D.F68>X( @>9>8N G@FI(-.6(:9.69(FG(:(MC@8R >8N( !FI6( >9( C8F@>N>8:E< >@@>-:->8N(:87(9EFQO(#F8UMF-.6@c(@68-(EF"&$"3C#O

;"4*"'@4+#:*(A.

P:-.6@>8N(FG(NEFM:E(N:@M:N6

PEFM:E(P:-.6@>8N(1223](V(IC9>?(G69->L:E(GF@(D6FDE6(Q.F(.:L6(8F(>8-6@69-(>8(IC9>?O V#S"!0%A"#( :9( d-.6 M>NN69-(7:8?6(IC9>?(G69->R L:E( >8( -.6( QF@E7U<( PEFM:E P:-.6@>8N( 1223( EFFH67 96-( -F( :--@:?-( :8( >8-6@8:R ->F8:E( ?@FQ7( FG( 76LF-67 -6?.8F(.6:79<(86Q(@:L6@9< 86F8(9?686(H>79(:87(6E6?R -@F8>?( IC9>?( ?F88F>9R 96C@9(:E>H6<(GF@(:(Q66H687 FG(8F8R9-FD(MF86R9.:H>8N G6:-C@>8N(6L6@;-.>8N(G@FI QF@E7R@68FQ867( 7:8?6 :@->9-9( :87( -FD( #a9( -F 9I:EE6@( 7:8?6( :?-9( :87 CDR:87R?FI>8N( 6E6?-@F8>? :@->9-9O( %89-6:7<(-.6(I:99 ?@FQ79( :--@:?-67( -F PEFM:E( P:-.6@>8N( ?F89>9-R 67( FG( E:@N6( N@FCD9( FG D:9-6;( .:EGR?EF-.67( I68< @6I>8>9?68-( FG( 4F@-.6@8 9-:N(D:@-;(N@FCD9<(?.:8->R 8N(?ee-(-F(6L6@;(N@FCD(FG 9>I>E:@(NC;9(Q>-.(:(M6--6@ ?:ID>8N(9DF-O(b@67>?-:ME; -.6>@( 9-F?HD>E6( N>@E9 -:NN67( :EF8N<( Q>-.

T:>79-F86( :??68-9<( .>N.R E>N.-67( .:>@( :87( D>8H :?@;E>?(MFF-9([769D>-6(-.6 G:?-( -.6( N@FC87( Q:9( : DF9-RGEFF7(?699D>-(FG(N@>-R -;( IC7( :87( 9F7768( ?.>D D:D6@\<( 6:?.( F86( .FD>8N -F( M6( Q.>@E67( >8-F( :( 8F9R -:EN>?( 7:`6( FG( 8>86->69 9CII6@9( 9D68-( >8( V;>: 4:D:( M;( -.6( G>@9-( E>86( FG d%89FI8>:U( :87( :( DFF@E; ?FFH67(9:C9:N6(MC--;O(V9

D@67>?-67<(?@FQ79(GEF?H67 -.@FCN.(-.6(IC7(:87(9:-R C@:-67( 9-@:Q( -F( 966( -.6 L:9-E;(FL6@@:-67(D6@GF@IR

:87( C8G@>687E;( >9FE:->F8 M6-Q668( -.6( ?@FQ79< Q.6@6( :8( :??>768-:E MCID( >8( -.6( 7:8?6( D>-

@6I:>8( :( I;9-6@;( -F( -.>9 ICE->-C76( FG( Q66H687 D:@->6@9( :EE( 966H>8N( -.6 NFF7( ->I6<( MC-( @6EC?-:8-

PEFM:E(P:-.6@>8N D@FL67(-F(M6(IF@6(dFGG(-.6(D6NU(-.:8(dFGG(-.6(.FFHUO :8?69( M;( &:EL>8( W:@@>9 :87( K6776( =6( P@:87< Q.>E6( -.6( N@FC87 @6I:>867( 9FE>7( GF@( 0.6 b@696-9<( Q.F96( DCE9:->8N 96-( Q:9( .6:@7( M;( M:@6E; J2(D6FDE6O(V9(-.6(0CMF@N -68-(?:EE67(GF@(6I6@N68?; M:?HCD( :87( 7FCME6 F@76@9(:87(-.6(C8I:@H67 D>EE9( H>?H67( >8<( -.6( FL6@R Q.6EI>8N( :-IF9D.6@6( FG -.6( Q66H687( -C@867( -F F86( FG( N@FCD( 9FE>7:@>-;

BC>?HE;( -C@867( -F( :( I:E>R ?>FC9( 9?FQE( :87( :( @:8R ?F@FC9( 9.FL6O( 0.>9( IFF7 ?F8->8C67( >8-F( -.6( ?:IDR 9>-6<( :??FID:8>67( M; IF@6( G@6BC68-( FM9?68>R ->69(:9(6L6@;(F-.6@(D6@9F8 -@>DD67( :87( G6EE( FL6@ >87>9?6@8>ME6(NC>76(@FD69< @67C87:8-(&:@E9M6@N(?:89 :87( -.6( C8@69DF89>L6 MF7>69(FG(-.F96(Q.F(-FFH >-( F86( 9-6D( -FF( G:@O( 0.6 dG69->L:E(9D>@>-U(966I67(-F

-F(N>L6(:8;-.>8N(M:?HO 5.>E6( >-( Q:9( IC-C:EE; :??6D-67( :IF8N9-( I; G@>6879( :87( %( -.:-( "@FE VEH:8( .:7( MF-.( D@6968?6 :87(NFF7(96-(M:E:8?6<(.>9 @6D6->->L6( 9-;E6( 966I67 IF@6( 9C>-67( -F( :( Q:@6R .FC96( @:L6( -.:8( -.6( .>N. 96?C@>-;( TF7CE:@( 068-< Q.F96( :?FC9->?( Q:9( ?F8R 9-:8-E;( ?FID6->8N( Q>-.

-.6( -:Q7@;( 86F8( G:>@R N@FC87( @>769( ME:@>8N

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a:XX(7>7O 0.6( F8E;( @6E>6G ?:I6( G@FI( 9DF89F@9( FG -.6( G69->L:E<( ADC-8>H SF7H:<(Q.F(.:7(6@6?-67(: .CN6( Q.>-6( 7FI6( Q>-.( : 9C:L6( @6LFEL>8N( 7FF@ 68-@;(:87(6X>-O(0.6(IFF7 >89>76( Q:9( G@69.( :87 @6E:X67<( :( Q6E?FI6 69?:D6( G@FI( -.6( d9?686U ?FID6->->F8( FC-9>76O( 0.6 :@->9-9( :87( #a9( D6@GF@IR >8N( .:7( 67N6<( -:H>8N :C-.F@>-;(FG(-.6(9-:N6(:87 Q6E?FI>8N( -.F96( Q.F Q:8-67( -F( 7:8?6( -F( -.6 7:8?6RGEFF@( MC-( H66D>8N

-.F96( Q.F( D@6G6@@67( -F @6E:X( :-( -.6( 9>769( MF-.

68-6@-:>867(:87(>8LFEL67O 4F-:ME6( D6@GF@I:8?69 G@FI( b6FDE6( V@6( P6@I9 :87( a:I69( b@69-E6>N.( ?6@R -:>8E;( I:76( -.>9( -68-( -.6 IF9-(68_F;:ME6<(:9(Q6EE(:9 -.6( C8>BC6( :@?.>-6?-C@6 :87( ?FIGF@-:ME6( >8-6@>F@ E:;FC-(FG(-.6(7FI6O PEFM:E( P:-.6@>8N I:;( Q6EE( M6( -.6( M>NN697:8?6( IC9>?( G69->L:E( >8 -.6( QF@E7<( MC-( >-( >9 C8BC69->F8:ME;( 68N>R 866@67(GF@(:(L6@;(9D6?>G>?

-;D6(FG(:C7>68?6<(F86(GF@ Q.FI(IC9>?(>9(96?F87:@; -F( 6E:MF@:-6( :?-9( FG( 9-CR D>7>-;( :87( -.6( >8>->:->F8 FG( :( ?EF96R-FR?FI:-F96 9-:-6( F8( FL6@D@>?67 7@>8H9O(V-(f)2J(GF@(:(9-:8R 7:@7( ->?H6-( F@( f)1J( GF@ S%b( 68-@;<( PEFM:E P:-.6@>8N(?FCE7(Q6EE(-C@8 FC-( -F( M6( -.6( M69-( Q66HR 687( FG( ;FC@( E>G6( Q>-.( -.6 FDDF@-C8>-;(-F(I66-(-.FCR 9:879(FG(E>H6I>8767(D6FR DE6(:87(-.6(?.:8?6(FG(N6-R ->8N( ;FC@( .:879( F8( 9FI6 ?.6:D( .FI6I:76( I>-`>9O WFQ6L6@<(-.6@6(>9(-.6(DF9R 9>M>E>-;( -.:-( E>H6( C9<( ;FC ?FCE7( M6( Q>9.>8N( >-( Q:9 :E@6:7;( TF87:;( IF@8>8N M6GF@6(;FCUL6(6L68(_F>867 -.6(68-@;(BC6C6O

7(B(--"'9*())(*

"#$%&

!"#$!%&'()*)+(! ),-.(/&0/$"!(1223

"#$%&'(%)*

!"

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

"44CCC'&0450)*/$D'",E%40'F,/<

]BEC;=(),-. +,-'./01&;BAEDN(5I;C8@=

20,3$ ,-.(/I->F8B .,/G36

6?DC;=(1)<23,4506,-7'.*33, $;B(5I;C8@=

0`"($;BJA=(IA;@>?B<(7E-. ;D-EIEM;-E>D( F8J>B8( -.8 MB><M8I-(>J(]>;A<:(;(F;DC ?M>D( 7.>@( @?I.( MB;E<8 .;<( F88D( .8;M8C( ;DC ;B>?DC(7.EI.(;(NB8;-(C8;A >J(.=M8(F?gg8<G `>78H8B( 78( @?<7;E-(7E-.(78--8C(;D-EIEM;K -E>D<( -.B>?N.( JEB<-( -.8 WB8;-( "<9E@>( `>;O:( ;D E@MB8<<EH8( -.B88KME8I8 7.><8( <>DN<( F?EAC( JB>@ ;797;BC( JB;N@8D-<:( I>AK A;-EDN( ->( J>B@( NB;DC @8A>CEI(IB8<I8DC><G(0.8= ;B8( J>AA>78C( F=( f87 a8;A;DCP<( &?-( /J( V>?B `;DC<:( J>B( 7.>@( %( .;C .EN.(.>M8<[(.>78H8B(-.8EB CBEHEDN( ;DC( @?<I?A;B ;--;I9( E<( ?DC8B@ED8C( F= -.8EB(I.?BAE<.(;DC(JB;D9A= EB9<>@8( @8A>CE8<:( <> ED<EMEC( -.;-( -.8( F;DC @;98<( D>( @>B8( -.;D( -.8 @><-( JA88-EDN( >J( E@MB8<K <E>D<G ]ED;AA=( ]>;A<( -;98( -> -.8( <-;N8( ;DC( MB>I88C( -> C>@ED;-8( -.8( ;?CE8DI8 7E-.(;(CEgg=EDN(CE<MA;=(>J M?A<;-EDN( @;-.( M>M:( -.8 .?B-AEDN( @;-BEI8<( @8BNK EDN( ;DC( @?A-EMA=EDN( -> 8Z?;-8( ;( <-?DDEDN( @>C8A >J( >JJK9EA-8B( B.=-.@<( ;DC IB?<.EDNA=( I>D-;NE>?< .>>9<G( ]>;A<( H88B( JB>@ -.8( AED8;B( ED( ;( MB>I8<<( >J JB8DgE8C( 8O-B;M>A;-E>D: MA>--EDN( D87( -8BBE->B= >?-<EC8( -.8( F>?DC;BE8< ;DC(I>DH8D-E>D<(>J(X;A-8BK D;-EH8P( @?<EIG hD;<.;@8CA=(ED-8AA8I-?;A: -.8EB( I;B8J?AA=( I>D<-B?I-K 8C( @?<EI( E<( A;I8C( 7E-. .EN.(I>DI8M-<(;DC(.E<->BK EI;A( B8J8B8DI8<[( X&;<<E?<P <8;B<( -.8( @EDC( F?BDEDN

R>DC;=(11DC 8*)*/*-9':'7;*'",<*/$ &;BAEDN(5I;C8@= =,4*$',-9'.*&<6 B8CFBEI9@?<EI^.>-K @;EAGI>@

+ &,-?7'5*3%*)*'60# 90-?7'01-B'!"#$ %0P6( -.8( ;?-?@D( >J ),,1G( R><-( >J( -.8( B>I9 7>BAC(E<(<-EAA(-;DNA8C(ED -.8( ;J-8B@;-.( >J 123245%"6G( `>78H8B:( ; =>?DN( &;AEJ>BDE;D ?M<-;B-:( a;I9( #8( 4; !>I.;:( E<( J;B( J;B( ;7;= JB>@( -.8( A;I9;C;E<EI;A 7>BAC( >J( 68;--A8( <>?DC: ;DC(.8P<(N>-(.E<(B8;<>DG 5D( ;DNB=( JB88<-=A8( B;MK M8B:(.8P<(I.;BN8C(F=(.E< <8AJKMEANBE@;N8(->(FBEDN <>IE;A( 8Z?;AE-=( 7>BACK 7EC8G( b>?BD8=@;D( N?EK -;BE<-( 0>@( R>B8AA> 8DAE<-EDN( a;I9( 7;<( -.8 JEB<-( <.?JJA8( ->7;BC< #$72 A8;HEDN( -.8( IB>7C ->( >D8( <EC8G( R>B8AA> IA;E@<( -.8( ;AF?@( 7;< cE@;NED8C:( -.8D( A;EC C>7Dd( 7E-.ED( ;( 7889G $>?DC;BE8<( ;B8( CB;7D ED( -.8( >M8DEDN( F;B<:( ;< #8( 4;( !>I.;( J>AA>7<( ; D8H8BK8DCEDN(F;<<(7E-.( .E<(-B;C8@;B9(c?.d:(;DC(

-.8( F;DC( MB>I88C< -.B>?N.( -.8( -8D( -B;I9< ->( M;B;C8( -.8EB( ;NNB8<K <E>D:( B?DDEDN( C>7D A>><8( <-8B8>-=M8<:( <?I. ;<( c0.8( R;Dd( ;DC( c0.8 \>78BGd( %-P<( ED( -B;I9 -7>:( .>78H8B:( -.;-( -.8 B8;A(c0.8d(F8I>@8<(F?;( D;@8G( "H8D( -.8( I>7K F8AA( <>?DC<( B8;C=( -> 8OMA>C8( ;<( $B;C( eEA9 ;<<;?A-<(-.8(CB?@<(7E-. .E<( Q;A@><-S( F;B8( JE<-<G 8%99%"7, %", *:2, 1$52 E< EI>DEI( J>B( E-<( FB;<.

MB>M;N;DC;( ;MMB>;I. ->( EDC>I-BED;-EDN( -.8 AE<-8D8B( -.B>?N.( E-< .8;CKD>CCEDN( BEJJ<( ;DC CBEJ-EDN( F;<<KM;?<8<G 0.8( ED<8B-( D>-8<( B8;C cf>(<;@MA8<:(98=F>;BC< >B( <=D-.8<Eg8B<( ?<8CGd 5D( ;AF?@( ;<( ED<MB;K -E>D;A( ;<( -.E<( 8OM><8< -.8<8( @?<EI;A( <?DCBE8< ;<(B?ED8B<G @,-%*3'A*156

7E-.( -.8( ED-8D<E-=( >J( ; IE-=(ED(JA;@8<(;<(-.8(;?CEK 8DI8( E<( I>D<?@8C( F=( -.8 EDI8DCE;B=( NB>>H8G( %-( E< -.E<( ;--8D-E>D( ->( C8-;EA ;A>DN<EC8( -.8( I>@MA8O I;BD;N8( 7.EI.( ;AA>7< -.8@( ->( 8;<EA=( >?-<-BEM -.8EB( I>D-8@M>B;BE8<( ;DC E-P<(-B?A=(B8JB8<.EDN(->(<88 J;<.E>D( JED;AA=( J;H>?BEDN ;(F;DC(-.;-(.;<(<?F<-;DI8 ->(<?MM>B-(E-<(<-=A8(;DC(-> <88( <?I.( ;( I.;AA8DNEDN ;DC( ?DI>DH8D-E>D;A( ;IB8I8EHEDN( <>( @?I.( .=M8 ;DC(;IIA;E@G H9,4 I4%7;

",E%40'F,/< )2-.(/I->F8B >03)*/;,4J70-' L,33'

K%)%&

0e/( -.?@F<( ?M( -> R;OE@>( \;B9( JB>D-@;D \;?A( 6@E-.G( %J( M8BJ>B@EDN ;( .8;CAED8( NEN( 7.EA<<-B?I9( 7E-.( J>>C( M>E<>DK EDN(E<DP-(IB8CEFA8(8D>?N.: ->( C>( <>( 7.EA<-( @;ED-;EDK EDN(-.8(8D-.?<E;<@(C8JEDK E-EH8( >J( -.8( F;DC<( AEH8 <.>7( E<( B8@;B9;FA8G( 5DC 8H8D( EJ( 6@E-.( 7;<( J>BI8C >JJ( <-;N8( ->( 8@M-=( .E< <->@;I.( C?BEDN( IA><EDN -B;I9( ;-4, <29'=%*/:( -.8 M8BJ>B@;DI8( 7;<( <-EAA JA;7A8<<G( 0>>( JA;7A8<<:( M8BK .;M<i( R;=F8( E-( 7;<( -.8 F;D( >D( IB>7C<?BJEDN:( -.8 ;?CE8DI8( ;N8( B;DNEDN JB>@( _( ->( _2:( >B( -.8( <?FK AE@8( <?MM>B-EDN( <8-( JB>@ EDCE8( >?-JE-( W>>C( 6.>8< F8EDN(A;BN8A=(END>B8C:(F?-.E<(.;C(;(J88AEDN(>J(;(M>M B;-.8B( -.;D( ;( B>I9( I>DK I8B-G(6>DN<(78B8(MA;=8C(->

<?I.( M8BJ8I-E>D( -.;-( -.8= @;=( ;<( 78AA( .;H8( L?<MA;=8C( -.8( ;AF?@<( B8;AA= A>?CG( /D8( @EN.-( .;H8 A>DN8C( J>B( ;D( E@MB>HE<8C N?E-;B( <>A>:( ;D( ;CL?<-K @8D-( ED( -8@M>:( -.8( >CC <78;B( 7>BC( j( L?<-( <>@8 B>I9(XDP(B>AAG( $?-( -.;-( 7>?AC( F8 @E<<EDN( -.8( M>ED-G R;OE@>( \;B9( ;B8( ;( M>M F;DC:( ;DC( ;( FA>>C=( N>>C >D8(;-(-.;-G 0.8EB(MB>J8<K <E>D;AE<@( ED( MA;=EDN -.B>?N.( -.8( EAAD8<<( CE<K MA;=8C( -.E<( L?<-( ;<( @?I. ;<(-.8(<.;BM(N?E-;B(.>>9< ;DC( -.8( ;--B;I-EH8 @8A>CE8<G( \>M( E<DP-( C8;C: ;DC( R;OE@>( \;B9( <.>78C -.;-G( 5DC(>D8(@>B8(-.EDN(j \;?A(6@E-.:(N8-(78AA(<>>DU F,#3'2013*/

@,)%9'20/9 ,-.(/I->F8B M3**'K3#5 0`"( WA88( &A?Fk<( @?<EI B>>@ MA;=<( .><-( ->( ;D 8H8DEDN( >J( @8A;DI.>AEI @?<EI( @;9EDN 7.8B8 <-B;DN8A=( 8D>?N. B;ED= ";<-F>?BD8( @88-<( <?DD= &;AEJ>BDE;G( 0.8( A;--8B( E< .>@8( ->( b;I>F( W>AC8D 7.>:( IA;C( ED( C8<END8B L8;D<( ;DC( .EM( -;-->><: MA;=8C(;(BEH8-EDN(>M8DEDN <8-( ;DC( .;C( -.8( ;?CE8DI8 ED(C88M(@8CE-;-E>D Q;(J87 -8;B<(@;=(.;H8(F88D(<.8C J>B(>'96,,?'-4,>$%4,@$=AS: ;D( ;-@><M.8B8 7.EI. <.>?AC( F8( B8AEH8C( 7.8D .8( B8-?BD<( ->( MA;=( <;@8 -E@8(<;@8(MA;I8(-.E<(I>@K EDN R>DC;=G( #232"72 B'"7) E<( .E<( @><-( B8I8D-

B8A8;<8G 5<( 0>@( e;E-<P( >2$4* 'C, B$*-46$/, 1%7:* J;C8< >?-(ED->(-.8(8-.8B: ; @;D CB8<<8C( AE98( ;( -B?8 "DNAE<.( N8D-( >D( .E<( C;= >JJ(-;98<(->(;(<-;N8(J?AA(>J @?<EI;A( IA?--8B( ;DC( N;CK N8-B=( Q; -B>@F>D8: ; F;F=(?MBEN.-(ME;D>:(-.B88 N?E-;B<: ;(F;<<: .;B@>DEK I;<:( ; HE>AED: ;( A;M( <-88A: ;(A>>MEDN(M8C;A(;DC(CB?@ 9E-SG 0.>?N.( JA>>B( <M;I8 E<( ;-( ;( MB8@E?@: .8( ;DC F;DC 9EI9( ED->( >M8D8B !+5, D94%7:*, 1'( ;DC( =>? <88( ( .E@( ED( .E<( 8A8@8D-K <>@8>D8( 7E-.( <>@8-.EDN -> 7.E<M8B( ;DCl>B <IB8;@( ;F>?- ED( JB>D-( >J ;D EAAKMB8M;B8C( M?FAEI J>B8H8B( 7E<.EDN ->( <.;98 8H8B=( JEFB8( ED( 8H8B=( >DK A>>98B( MB8<8D- DEN.;J-8B( DEN.-G( `8P<( ;AA( >H8B -.8( N;JJ( -.>?N.:( >D8 @ED?-8(;(M><<8<<8C:(;-.8K E<-EI( 8H;DN8AEI;A( 7;EAEDN 8OMA8-EH8< F8-788D -7E-I.8<( ;DC( I>D->B-E>D< >D(B*$*2,'C,*:2,E"%'":(-.8 D8O-( ;( A><-( F>=( ;DCl>B FB>98D( @;D( .?DI.8C >H8B( .E<( ME;D>( C>EDN ; H8B<E>D(>J(F:242,!),D,G%7:* F:$*, 12324, H'2), ;-* -.;7>?AC(.;H8(A8J-(R>BBE<<8= .E@<8AJ(NB88D(7E-.(8DH=G hDZ?8<-E>D;FA=: #;HEC( ]>BC( M8B<>DEJE8<( k; 7;A9EDN( I>D-B;CEI-E>Dk F?-( -.E<( @8BI?BE;A( <-B8;9 NEH8<( .E@( ;D( 8CN8( -.;@;D=( >J( .E<( M88B<( A;I9 -.B>?N.( D>( J;?A-( >J( -.8EB >7DG(%-P<(ED(=>?(>B(E-(;EDP;DC( -.E<( FE--8B:( ( -7E<-8C: J?BE>?<:( @E<8B=( N?-<( .;< E-( ED( ;F?DC;DI8G( Q4?I9= <>CGGG( .8( C>8<DP-( 9D>7 .8P<(F>BDGS @,-'M,33,N;*/

!" ./-01

!"#$!%&'()*)+(! ),-.(/&0/$"!(1223

"#$%&'()*+,-

2/'+,&3/,,*&4$05)(456(7589:; ")6+(&!<9=.(0>?@5 7+(+)-+&/9-(A<B

;+0,/: 0.5 FJ6H8=(&J9L(&9R ")6+( +?@ 7+(+)-+ /9-(A<B

>),0#/0.5>5Y:(/8J6(/85(d0Y(H8(THP.H-? ")6+( THP.H-?

7+(+)-+ /9-(A<B

@)A#60$),0$) 0.5(FH>:-(&>9:?@5 ")6+( !5=?J 7+(+)-+ /9-(A<B

@)1A&<+$):+ ]?-H855 ")6+( $5==?>:($?8`957+(+)-+ /9-(A<B

4A)() F>55@<I([?::< ")6+( %JJ?:-?-5 7+(+)-+ /9-(A<B

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

4G7%A\( R><N MH@5@( -.5( R5>N K5P-( I9:HP?J L?PS@><R( -< $?JS?8( JHK5( H8( J?:-( 65?>: @5L9-( ='37+$ >-?"(97-O A5B( ]5WHP<Y:( ^?P. &<8@<8( .?:( R?PS5@( 9R .H:( 9S9J5J5( ?8@( I<M5@ .H:( $5H>9-( R><U5P-( B5:-N B?>@( -<( R?:-9>5:( 85BQ 01"$ :3#*&+$ @3'A$ @'B @5:P>HL5:( $5H>9-Y:( J?-5:"9><R5?8( KHW?-H<8_( -.5 ><I?8-HPH:I( <K( F>?8P5O R><M<SH8=( HI?=5:( <K E?>H:H?8( :`9?>5:( ?8@ :I?JJN-<B8( I?>S5-:Q "::58-H?J( 5J5I58-: >5I?H8a( ?8( H8-58:5O( >HP. ?8@( ?P.H8=J6( L5?9-HK9J LJ58@( <K( L>?::O( :->H8=: ?8@( ?PP<>@H<8O( K<>IH8= 8<-( P?-P.6( L9-( P?R-HM?-N H8=( 9S9J5J5NL?:5@( K<JSN R<RQ 4<B5M5>O( -.5( 1) 65?>N<J@( I9:HP?J( R><N -b=b5(-.?-(.5(H:O(&<8@<8 .?:( ?@?R-5@( .H: ?RR><?P.Q( 4H:( M<P?J @><85( H:( :-HJJ( -.5( H8:->9N I58-?J( ?H@( <K( 5?>JH5> B<>SO( L9-( .?:( L5P<I5 I<>5( PJH8HP?JO( .H:( J6>HP: 8<B( ?9@HLJ5O( ?8@( ?: :9P.O( .H:( <9-R9-( I<>5 R5>:<8?JO(?8@(0:@@ H:(?JJ -.5( I<>5( 58-.>?JJH8=( K<> H-Q( 0.5( 5KK5P-( H:( 8<-.H8= :.<>-( <K( :58:?-H<8?JQ $5H>9-c(&Y5:-(I?=8HKH`95; <)/(&3#=(+,

%F( 6<9( JHS5( -< :P>?-P.( -.5 :9>K?P5( ?8@ :5?>P.(:JH=.-J6 K9>-.5>( K<>( -.5( L?8@: B.HP.( ?>5( B<>-.( H8M5:-N H8=( R?::H<8O( I<856( ?8@ -HI5( H8O( HK( 6<9Y>5( H8-5>N 5:-5@( H8( I9:HP( B.HP. P.?JJ58=5:( P<8M58-H<8: ?8@(L>5?S:(@<B8(L<98@N ?>H5:O( -.58( -.H:( H:( ?( &# K<>(6<9Q( %-Y:( ?8( HIR>5::HM5 P<IRHJ?-H<8( <K( K<>B?>@ -.H8SH8=( :<98@:( K><I <85( <K( "8=J?8@Y:( KH85:H8@5R58@58-( >5P<>@ J?L5J:Q( TH-.( H-:( >5:<J9-5 P<IIH-I58-(-<(?JJ(-.H8=: #%eO(THP.H-?(:-?6:(->95(-< -.5( <>H=H8?J( 8<-H<8( <K d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

04%C( :5W-5-( <K %P5J?8@HP( .<>N I<8?J( ?@<J5:N P58-:( .?M5 L><9=.-( -<=5-.5>( ?( P<JN J5P-H<8( <K( -B<NIH89-5O P>?Z5@O( R<RNR98S( :<8=: BH-.( ?( J6>HP?J( :-9LL<>8N 85::( <K( -.5H>( :HW-558( -< -B58-6( 65?>:( <K( 6<9-.a ?J<8=BH-.( =9H-?>( JHPS:( <K R><R<>-H<8:( J?>=5 58<9=.( -<( :I<-.5>( ?

B.?J5(BH-.(H-:(:J<LL5>(<K ?@@HP-HM5( >5-><( K98Q( 01" :*-(9$@-'(7/" P?8(?-(KH>::55I( JHS5( ?( P?>NP>?:.( <K H8KJ958P5:(fH8PJ9@H8=(T9 0?8=( &J?8( ?8@( G9@>56 45RL9>8gO(L9-(-.5(B?6(H8 B.HP.(-.56(L>H8=(-<=5-.N 5>( -.5H>( PJ?::HP( R98S I?H8:-?6( BH-.( -.?-( <K 5J5P-><8HP(LJ55R:(?8@(-.5 :H8=5>Y:( >H@HP9J<9:J6 I?8J6( M<HP5O( 58@5?>:( -< 9:(-.5(?8-.5IHP(6<9-.K9J P.?<:Q( h?S<LH8?>H8?( ?>5 .5>5( -<( 58-5>-?H8O( ?8@ -.56( @<8Y-( P?>5( .<B( L?@ -.5H>(J6>HP:(?>5Q(0.5(R<5-N HP( @H:-?:-5( <K( 01*($ *($ 7& ,/5"-9*("C"&9 ?8@( -.5 ?R-( !*($ 4#-*<($ 7-" D*(7(9-.'( ?>5( :B5R?B?6( BH-.( -.5( R9J:?-H8= @>9IIH8=Q( G8@( 65-( -.5 J6>HP:( .<J@( -.5( ->9-.( -< H-:( ?RR5?J_( -.H:( ?JL9IY: i8<-.H8=( L9-( SH-:P.O I<-.5>K9PS5>:Qj 205#$&.1.)9#$

GF0"!( ?( :BHK<L:5>M?-H<8(<K E79*&""Y: ?JL9I( P<M5>O <85(I?6(L5(<M5>P<I5(L6 ?(:9@@58(9>=5(-<(H8@9J=5 H8( ?( E?->HPS( CB?6Z5 I<I58-a( ?( :H-9?-H<8 B.5>5( 6<9( 5WR5>H58P5( ? :9@@58( 855@( -<( @H>-6 @?8P5( JHS5( F>5@( G:-?H>5 <8(?PH@Q(0.H:(@5L9-(K><I -.5( CB?6Z5( J<<SN?NJHS5 <KK5>:(?8(<>H=H8?JH-6(-.?:55I:( :<( @HKKHP9J-( -< ?P.H5M5( H8( -<@?6Y:( 5J5PN -><NKJ9<>5:P58-N P<J<9>5@NP>?RNK?:.H<8N I9:HP( :<PH5-6Q( E79*&"" <R58:( BH-.( E58?-5Y: >58<B85@( :H8=J5( FB*9$ 79 F97-(a( ?( @H>-HJ6( P?-P.6 R<R( -985( -.?-( BHJJ( .?M5 6<9( .?RRHJ6( :RH--H8=( H8 6<9>(<B8(565O(H8(?(JH-5>?J ?--5IR-( -<( :9PP55@( ?-.5( -H-J5Q( E58?-5Y:( J6>HP: <8( -.?-( 8<-5( ?>5( M5>6 :-<>6NJHS5O( ?8@( -.H: @5:P>HR-HM5(:-6J5(?-->?P-: -.5(JH:-585>O(5:R5PH?JJ6(H8 :<8=:(:9P.(?:(2"$2*33$A" !"-"O( B.5>5( -.5>5Y:( -?JS <K( ?8( d58@J5::( 98HM5>:5Y BH-.(:-?>:(-.?-(dP?8Y-(K55J ?( ( J<M5>:( -<9P.YQ( %-Y:( 8<.?>@( -<( 98@5>:-?8@( B.6 E58?-5( .?:( ?( @5@HP?-5@ 6<98=(K<JJ<BH8=O(?K-5>(?JJ -.H:(G"9"-$G7& -?JS;(

G'G[G( .?: >5-9>85@( BH-. ?( K<JJ<BN9R( -< @5L9-( H9I($ J.9 ,$ )'C.'-O( ?8( H8-58:5O P<8:PH<9:( RH5P5( <K( D' .HR( .<R( B.HP.( :.<BN P?:5@( .H:( 98@<9L-5@ J6>HP?J(-?J58-:(?J<8=(BH-. ?(@55R(98@5>:-?8@H8=(<K -.5( :->9==J5:( K?P5@( L6 H885>(PH-6(6<9-.:Q(%8(P<8N ->?:-O( :-""/.C$ 47((. H: I<>5( <K( ?( IHW5@( L?=O BH-.( :5M5>?J( ?--5IR-:( ?:<9JK9J( !Y8Y$( R><<K( -.?-.H:( ?JL9I( H:( =5?>5@ -<B?>@:(?(L>5?S(H8-<(-.5 I?H8:->5?IQ( GS?J? 5WP5J:( B.58( ?-( .H:( >?=N H8=O( H8-5JJH=58-( L5:-Q 0>?PS:(:9P.(?:(21"-"$HIC 8-.C ?8@( D"8"79"/ 5J<N `958-J6( 5WR>5::( ?( :58:5 <K( ?JH58?-H<8( -.?-( >98: -.><9=.<9-( -.H:( ?JL9IQ 4<B5M5>O( -.5( ?JL9I( H: J5-(@<B8(L6(?(89IL5>(<K R:59@<N:<9JK9J( ->?PS:Q F?>(K><I(RJ?6H8=(H8-<(-.5 ?>-H:-Y:( :->58=-.:O( B5?S P.<>9:5:( ?8@( ?( K?>( K><I ?8=5JHP( M<HP5( @<IH8?-5Q F<>( -.<:5( B.<( JHS5( -.5H> >?R( K?:-O( H8-58:5( ?8@ P<8:PH<9:O( -.H:( ?JL9I B<9J@( L5( ?( :<98@( R9>N P.?:5O(?J-.<9=.(:5J5P-HM5 9:5( <K( -.5( :SHR( L9--<8 I?6(L5(85P5::?>6Q

B#5&C+=-#$

D)$ E?=),?-

#

$

$

F)$%&F)$%&D)$1+ G748847G&E<

Demolition Derby

%F( 6<9Y>5( ?B?>5( <K( A5B( e<>SY:( 5WR5>HI58-?J :P585O( 6<9V>5( @<H8=( R>5--6( B5JJQ( %K( 6<9YM5 .5?>@( <K( \?8=( \?8=( #?8P5O( 6<9Y>5( R>5--6 @5-5>IH85@Q( %K( 6<9( B5>5( ?B?>5( <K( ),22,)I: >5J5?:5O( H-Y:( R>5--6( JHS5J6( 6<9( B<>S( K<>( -.5H> >5P<>@(J?L5JQ(0.H:(-.>55(->?PS("E(L9HJ@:(<8(-.5 L?8@:Y(:->58=-.(<K(R9J:H8=(>.6-.I:O(.6R8<-HP 5J5P-><8HP( KJ<9>H:.5:( ?8@( R<R( I5J<@H5:Q( %K 6<9( P?8( KH8@( -.H:O( H-( BHJJ( L>H8=( ?( U<6K9J >5B?>@H8=( JH:-58a( U9:-( @<8Y-( 5WR5P-( 6<9> K>H58@:(-<(98@5>:-?8@Q H01A&C)%%+, <,0$I9#,$&D)$1+&219##( 2')1+&J$K)?+,&&

Robert Mugabe

FG,@K$ H&57/"- H:( -.5( @5L9-( :H8=J5( K><I( #FG @?>JH8=(E>H8Z.<>8(#?8P5(CP.<<JO(?8@(B.HJ5(H-: -.9@@H8=( >.6-.I( P<9J@( P.?>H-?LJ6( L5 @5:P>HL5@( ?:( dP?-P.6YO( H-( P<9J@( I9P.( I<>5 ?PP9>?-5J6( L5( @5:P>HL5@( ?:( d@5?@58H8=J6 >5R5-H-HM5YQ(C<(@5?@58H8=J6(>5R5-H-HM5O(H8(K?P-O -.?-(H-(>5P?JJ:(-.5(kLH-O(K<9>(8<-5(?8@(58@J5::N J6(J<<R5@(:P<>5(K><I(-.5(:5IH8?J(),3k(?>P?@5 PJ?::HP( BH-.( B.HP.( H-( :.?>5:( H-:( 8?I5Q( 0.5 M<P?J:( ?>5( JH--J5( I<>5( -.?8( ?( :P>?-P.6O( 6<LN LH:.(P?B(?8@(-.5(L?PSH8=(:<98@:(:9:RHPH<9:N J6(JHS5(H-(I?6(.?M5(L558(>5P<>@5@(L6(?PPH@58-Q L((*&.#--

#

$

#

3#,:*ON0K+30#$$&7+%)$ $5(\<<@(/>($5(\<85

.),A&7#$-#$ 7?J5>H5

;+K+,(+*&M$0%9: l9558(/K(C-?>-H8=(/M5>

T4/YC(-.H:(P.?8P5>c(/8J6 65-( ?8<-.5>( -?J58-5@ :<8=:IH-.( B.<( P?8( L5 ?@@5@( -<( -.?-( <IH8<9: JH:-( <KO P>HIH8?JJ6( 98>5N B?>@5@ ]5>P9>6( ]9:HP E>HZ5Y( 8<IH855:Q( GJ>5?@6 ?( M5>6( 5WR5>H58P5@O( B5JJN ->?M5JJ5@( I9:HPH?8O( FH<88 !5=?8O( JHS5( CHIRJ5( 'H@O :.<B:( .5Y:( 8<B( ?LJ5( -< B>H-5( :<8=:( fP.5PS( <9-.5( ?JL9I 01"$ K&/$ .8 !*(9.-#g( B.HP.( S55R( SH@:Y ?8@( K<JS( R9>H:-:Y( -<5:( ?N -?RRH8YQ( \<<@( P<M5>( <K ="99*&+$ L"99"- -<<Q %8( I6 IH8@O .5Y:( I<>5 -.?8 P?R?LJ5(<K KHJJH8= -.5(LH= :.<5:( <K( K5JJ<B( %>H:. :9R5>:-?>:( [9S?( $J<<IO \J58(4?8:?>@(?8@("II5--( 0H8J56Q(F?H>(RJ?6Q

]G!'(!<8:<8Y:(J?-5:-(:H8N =J5O( K5?-9>H8=( GI6 TH85.<9:5O( H:( ?( M?H8 ?--5IR-( -<( =HM5( 0.5 ^9-<8Y:(122X(-<RN)2(P.?>.H-O( %73"-*"M ?8( 9885P5:N :?>6( >5MHM?JQ( C9>5O( H-( .?: ?--H-9@5O(BH-.(H-:(LH=(L?8@ P.<>9:( ?8@( K?:-N->?PS L5?-O( ?8@( TH85.<9:5Y: M<P?J:(?>5(R5>K5P-(K<>(-.5 ]<-<B8(:-6J5(<K(-.5(->?PSO L9-( @H@( -.H:( H8@H5( ><PS PJ?::HP( >5?JJ6( 855@( -<( L5 :9LU5P-5@( -<( !<8:<8Y: I5>PHJ5::(-9>8-?LJ5c(0.?:?H@O( @?8P5( K?8:( BHJJ( JHS5 \>?5I5( CH8@58Y:( ->?@5N I?>S( L><S58( L5?-( <8( -.5 $N:H@5(>5IHWQ

04"!"YC( ?( =<<@( >5?:<8 $5MY:(P?JJ5@(-.5(dl9558(/K C-?>-H8=(/M5>Ya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h<::( C-<85( ->?PS 5M5>( I?@5Q( 0?S5( I6 ?@MHP5O( ]H::( '8H=.-QQQ :-?>-(<M5>Q(G=?H8Q

D)$&F)(()%9+,

M):9,*$&8##?,##N

D)$0+(&B)*(#,

!" "#$%&

!"#$!%&'()*)+(! ),-.(/&0/$"!(1223

'(")*+),*--*./)$0)1%.2*. ,*--)B.+&*9 #4!%56( -.7( 879:;;:;9( <= >?9?@-( %( -ABC7DD7E( -< FB?E:( >AB8:B( B@( GBA-( <= -.7( FB?E:( $A:-:@.( FG<A-@ &<H<G7AB-:<;( IA<9ABJJ7K 0.7(GA<9ABJJ7(.B@(877; A?;;:;9( =<A( -L7;-M( M7BA@ B;E( LB@( 7@-B8D:@.7E( -< GA<J<-7( -.7( ?;E7A@-B;EH :;9( <=( @G<A-( B;E( M<?-.

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

-<(GA<=7@@:<;BD(B-.D7-7@K( 0.A<?9.<?-( <?A( -:J7 :;( FB?E:( L7( @-BM7E( :; M<?-.( .<@-7D@K( ( 0.:@( :@( B GDBN7(L.7A7(-.7(M<?-.(NB; 9<( -<( BNN7@@( @G<A-R( B@ -.7@7( .<@-7D@( GA<C:E7

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

,*--)32.45)-60&7)*+)8$*96:)2;)$&<6%)=>):6-6?.&6+)#$+*9?)*9)*/#%6++*@6)+#$%&*9? +A%%$A9:*9?+)*9)".A:*)1%.2*. @G<A-(=<A(L<J7;(:;(FB?E: :@(D:P7(LB@(ND<?E7E(8M(-.7 N<JGBA:@<;( -<( L.B-( L7 .BC7(:;(-.7(4'K(^:P7(JB;M <-.7A( O:EED7( "B@-7A; N<?;-A:7@R( FB?E:( >AB8:B =<DD<L@( %@DBJ:N( ^BL( -<( B N7A-B:;( E79A77( B;E( -.:@ :JGBN-@( -.7( C:@:8:D:-M( <= L<J7;( :;( @G<A-K &?AA7;-DM( -.7( FB?E: $A:-:@.( &<H<G7AB-:<;( GA<H 9ABJJ7(E<7@(;<-(:;ND?E7 =7JBD7(E7D79B-7@(=A<J(-.7

4'( <A( FB?E:( >AB8:B( B;E( % -.:;P( -.B-( -.7:A( :;C<DC7H J7;-( L<?DE( @-A7;9-.7; -.7(@-A?N-?A7(=<A(L<J7;_@ @G<A-( :;( 8<-.( N<?;-A:7@K 4;=<A-?;B-7DM( JB;M( <= -.7(B;@L7A@(%(G?A@?7E(E:E ;<-( 7J7A97( B;E( %( LB@ ?;B8D7(-<(N<J7(8BNP(L:-.

-.7(P;<LD7E97(%(LB;-7EK( #7@G:-7( -.:@( %( =77D( GA:C:H D797E( -<( .BC7( C:@:-7E FB?E:( >AB8:B( B@( %( .BC7 D7BA;-( B( D<-( B8<?-( %@DBJR

-.7(FB?E:(N?D-?A7(B;E(.<L @G<A-(<G7AB-7@(<?-(-.7A7K( OM(L<AP(-.:@(M7BA(L:DD ;<( E<?8-( 87( :;=D?7;N7E 8M( JM( 7SG7A:7;N7( <C7A -.7( @?JJ7A( B;E( %( L:DD L<AP( .BAE( -<( JBP7 N.B;97@( -<( :JGA<C7 BNN7@@(-<(@G<A-(=<A(BDD(@-?H E7;-@K

!" "#$%&

!"#$!%&'()*)+(! ),-.(/&0/$"!(1223

'$$%()*#%$+%())*,$%*-.+/0.1 5$8(%&*7$9/:.)$.

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

Y?>7;K-.7>79O( "9:;79<=8 -EI( E><B>( DE98K8-B9-;A

'$$%();*-.+/0.1*<0=(*%(>(.&/?*(.@$?(1*>(/(8%0&:$.)*+0/$%(*0+0:.)&*"%:*60.A0 J7K;B<(79<(S?B8-KE9(C7>M8 .79:( EGB>( -.B( EIB9K9: I7>-9B>8.KI( EJ( &EEM( 79< Y?8-7><O(%-(K8(K9<KD7-KGB(EJ -.B( I>E@;BC( -.7-( &EEM=8 I;7DB( K8( ?9<B>( 8D>?-K9A <B8IK-B(-EI(8DE>K9:(K9(-.B 8B>KB8( QK-.( )^^( >?98O YEE>B8( K8( AB-( -E( JK9<( 79 EIB9B>( K9( -.B( CE?;<( EJ

Y7>D?8(0>B8DE-.KDMO( 0.7-( 87K<L( -.K8( Q78( 7 8B>KB8( <ECK97-B<( @A( -.B @EQ;B>8( 79<( D>?DK7;;A( KQ78( "9:;79<=8( Q.E BCB>:B<( E9( -EIO( 0.K8( K8 ?9S?B8-KE97@;A( 7( JK9B 7D.KBGBCB9-( Q.KD.( QK;; .EIBJ?;;A( I7GB( -.B( Q7A JE>( J?-?>B( E9B( <7A( 8?DW

DB88O( 'BGK9( XKB-B>8E9 <BD;7>B<(-.K8(GKD-E>A(-E(@B _7(.?:BL(.?:BL(.?:B(JB7-`O 0.B( CE8-( 9E-7@;B( <KJJB>W B9DB( EJ( "9:;79<( ?9<B> XB-B>( YEE>B8( K8( -.7-( -.B I;7AB>8(JK97;;A(8BBC(-E(@B -7MK9:( -.B( E9B( <7A( :7CB 8B>KE?8;AO

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dK-( 79<( -.B I;7AB>8( QK;;( .7GB( -E( <B7; QK-.( .B7GA( D>K-KDK8CT 8ECB-.K9:( -.BA( .7GB

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gB>;79<( 9Bd-( AB7>L( KK8( ;KMB;A( -.B( I;7AB>8( QK;; :>E88;A( ?9<B>7D.KBGB 7:7K9O($>K79(R8.-E9=8(8K<B E9( -.B( E-.B>( .79<( .7GB >B:?;7>;A( I;7AB<( IEE>;A 8K9DB( 122*( 79<( AB-( -.BA .7GB( E9DB( 7:7K9( IB7MB< Q.B9( K-( C7--B>8O #K8I;7AK9:( 7( 8->E9:( -B7C B-.KDL(7(;7DM(EJ(B:E(79<(7 8S?7<( EJ( I;7AB>8( -.7M9EQ( -.BK>( >E;B8L( -.BA .7GB( EGB>7D.KBGB<O

R8.-E9=8( CB9( I;7A( -E -.BK>( 8->B9:-.8L( 8ECBW -.K9:( -.B( JEE-@7;;( -B7C >7>B;A( <EO( X.K;( hKDMB>A 79<( DEO( ?8B( -.BK>( 8E;K<L <B-B>CK9B<( 79<( -BD.9KW D7;;A( 8E?9<( I7DM( K9( -79W <BC(QK-.(7(D;BGB>(MKDMK9: :7CB( -E( :7K9( -B>>K-E>A 79<( IEK9-8O( 0.B( JEE-@7;; -B7C(<E(9E-(?8B(-.B(I7DB -.BA( 7>B( 7DD?8-ECB<( -E I;7AK9:( 7-( K9( -.B( X>BCKB> NB7:?B( EJ-B9( B9E?:.L <B8IK-B( -.B( J7D-( K-( .78 I>EGB<( <BG78-7-K9:( Q.B9 ?-K;K8B<( a8BB( -.BK>( >BDB9>?9(7-(HBC@;BAbO 0.B(0.>BB(NKE98(.7GB 9E-( :E-( I78-( -.B( S?7>-B>W JK97;(8-7:B(8K9DB("?>E(F,eL 9BGB>( >B7D.K9:( -EI( :B7> K9( 79A( EJ( -.B( JKGB( C7[E> DECIB-K-KE98( -.BA( .7GB JB7-?>B<( K9( 8K9DBO "9:;79<( 8->?::;B( -E B9JE>DB( I7DB( K9-E( :7CB8 7-(-.B(EJ-B9(8-KJ;K9:;A(.E8?CCB>(-E?>97CB9-8O( 0.B(K9BGK-7@;B(.B7-(EJ -.B8B( DECIB-K-KE98( DECW @K9B<( QK-.( -.B( :>?B;;K9: <ECB8-KD( 8B78E9( K8( E9B >B78E9( QB( 9BGB>( 8BB( -.B I;7AB>8( >BI;KD7-B( -.BK> X>BCKB>8.KI( JE>CO( X>KE> -E(-.B(HE>;<(&?I(K9(122eL

JE>( Bd7CI;BL( V>79M N7CI7><( .7<( I;7AB< JE>-AW8BGB9( DECIB-K-KGB :7CB8( JE>( &.B;8B7L( K9 7<<K-KE9( -E( .K8( -B9 7IIB7>79DB8(K9("9:;79<=8 S?7;KJAK9:(D7CI7K:9O( %9(8-7>M(DE9->78-L(-.K8 !?:@A(HE>;<(&?I(K8(?IE9 ?8(7-(-.B(@B:K99K9:(EJ(-.B !?:@A( X>BCKB>8.KI( 8B7W 8E9L( 79<( -.B( "9:;79< I;7AB>8(.7GB(9E-(JB7-?>B< K9( 79A( EJ( K-8( JKGB( :7CB8O 0.B( >B8?;-( K8( -.7-( $>K79 R8.-E9=8(8S?7<(7>>KGB<(K9 -.B( DEE;B>( 7?-?C9( EJ X7>K8( J>B8.L( Q.B>B78( K9 122e(6GB9(.7<(-E(->A(79< :B-( -.B( @B8-( E?-( EJ( 7 :>E?I(EJ(I;7AB>8(Q.E(.7< @BB9( -.>E?:.( 7( .BD-KD 9K9B(CE9-.(8B78E9O 0.B( $7>D;7A8( X>BCKB> NB7:?B(>B-?>98(-.K8(QBBMW B9<( @?-( ;B-=8( .EIB( E?> J7K;K9:( .B>EB8( JK9<( -KCB -E(Q7-D.(-.B(!?:@A(HE>;< &?I( JK97;( E9( 67-?><7A BGB9K9:(i(-.BA([?8-(CK:.;B7>9(7(-.K9:(E>(-QE(7@E?>BI>B8B9-K9:( -.BK>( DE?9W ->AO

23"4 5-"367" $7<CK9-E9(aYB9b() $7<CK9-E9(aYB9b(1 $7<CK9-E9(aHECB9b $78MB-@7;;(aHECB9b VB9DK9:(aYB9b VB9DK9:(aHECB9b VEE-@7;;(aHECB9b() VEE-@7;;(aHECB9b(1 \E;J() \E;J(1 \E;J(* PEDMBA(aYB9b() PEDMBA(aYB9b(1 PEDMBA(aYB9b(* PEDMBA(aYB9b(+ PEDMBA(aHECB9b() PEDMBA(aHECB9b(1 PEDMBA(aHECB9b(* PEDMBA(aHECB9b(+ N7D>E88B() N7D>E88B(1 cB-@7;;() cB-@7;;(1 cB-@7;;(* cB-@7;;(+ !?:@A(NB7:?B(aYB9b() !?:@A(NB7:?B(aYB9b(1 !?:@A(59KE9(aYB9b() !?:@A(59KE9(aYB9b(1 !?:@A(59KE9(aYB9b(* !?:@A(59KE9(aHECB9b 6S?78.(aYB9b(1 6S?78.(aYB9b(*

6.BJJKB;<(P7;;7C()8-(#(+(W(+ /dJE><($>EEMB8()8-( #(+(W(+ #?>.7C()8-( H(e(W(1 cE>-.?C@>K7()8-( N(*2(W(,1 cE>-.?C@>K7()8-( N()2+(W()*1 cBQD78-;B()8-( N()2e(W()1* 6.BJJKB;<(P7;;7C()8-(H(e(W() 6-7JJE><8.K>B()8-( H()2(W(2 #?>.7C()8-( H(1(W(+ "78-(R9:;K7()8-( H()(W(^ cE--K9:.7C()8-( H(1(W(+ NBB<8()8-( H(*(W(1 $K>CK9:.7C(*><( H()(W(^ $K>CK9:.7C(19<( N()(W(^ cE--K9:.7C(19<( N(+(W(^ NBB<8()8-( H(e(W() &EGB9->A()8-( N(1(W(+ NE?:.@E>E?:.(19<( N(+(W() NBKDB8-B>()8-( H(2(W(+ "<K9@?>:.()8-( N())(W()2 /dJE><(19<( N())(W(* NBB<8(YB-()8-( N(*1(W(1, NE?:.@E>E?:.(19<( N(^+(W(*f &7C@>K<:B()8-( N(13(W(+1 HE;GB>.7CI-E9(19<(H(1^(W(+^ "dB-B>()8-( H()f(W()2 NE?:.@E>E?:.(*><( N(1f(W()2 cBQD78-;B()8-( N())(W(^ cE--K9:.7C(19<( N(1^(W(^ NBKDB8-B>(19<( H(f(W(13 NBB<8(YB-()8-( H()1(W(^ /dJE><()8-(P H(^(W(2 H7>QKDM(*>< H(^(W(2

Sport

REDBRICK 1314 / 19th OCTOBER 2007

27

Brave Birmingham battle to basketball agony Women’s

Basketball VS

30-92 Northumbria

Ben Whitelaw

THE new season began disappointingly for the University of Birmingham’s Women’s Basketball team on Wednesday with a 92 - 30 loss against Northumbria University at the Munrow Sports Centre. Yet, whilst the score line suggests a one-sided affair, it does not take into account the dominance of Northumbria’s number twenty-two, Jeanenne Colbert, who was the difference between the two teams.

Colbert, signed from the University of Louisiana-Lafayette in August, was the driving force of a Northumbria side who, having already won the BUSA Final 8’s in March, are odds on favourites to do the same this season. She took advantage of Birmingham’s nervous opening quarter, drawing fouls and earning Northumbria a series of free throws as the home side’s defence failed to cope with her speed and vision.

Dictating the tempo of the game and able to hit the three pointer with confidence, Colbert was aided by some strong rebounding from her team mates as

W

Northumbria sought to outmuscle a Birmingham side that looked increasingly dispirited and in awe of the American shooting guard, to whom there was no answer to.

Half-time brought a change of fortunes for Birmingham, coached by ex-Leicester Tigers player Dave Codrington, as their self belief returned.

Birmingham were spurred along by Claire McGinley, who shot a smart two on the shot clock buzzer before hitting a three quickly after. They became more combative in defence and more ruthless in attack, with Alex Stollery coming into the game at both ends of the court. The errors of the first half were replaced with a confidence that saw Birmingham introduce some well-worked offensive plays that stretched Northumbria, causing the NewcastleUpon-Tyne-based side to begin to make mistakes themselves, especially when Colbert was rested.

One particular error led to a three pass Birmingham counter that finished with a clinical lay-up.

Unfortunately, Colbert had already done enough damage to deny Birmingham any chance of victory, though not enough to suggest Birmingham can’t make it to the BUSA Final 8’s tournament themselves this year. Coach Codrington certainly thinks so, despite only having had his squad assembled for two weeks, commenting that “The main aim is obviously a developmental one, what with having six freshers on the bench and thirteen in total in the squad, but my personal

BUSA favourites Northumbria net more points in a dominating display of basketball

Wednesday 31st October 2007 (7.30pm) Munrow Sports Centre

Dress to scare! Halloween party afterwards in Raising the Bar!

=the===redbrick==crossword= Charmian Mansell

Redbrick 1314

==1=2==3_4_=5 6____=7==_==_ _=_=_=_=8____ _=9____==_==_ 0__=_=a___==_ _=bc___==d___ _==_=====_==_ e___==f_g_h=_ _==i___=_=j__ _==_==k____=_ l____=_=_=_=_ _==_==_=m____ _=n___==_=_==

Photo: Jay Snelling

FRIGHT NIGHT - BASKETBALL (Men’s) V WORCESTER

goal is to make this a real team, where they play as one. Then we can push for the play-offs”. If Birmingham finish the season as strongly as they finished this match, who would bet against them?

Sponsored by Waterstone’s at the University of Birmingham

Across

3. Coloured part of the eye (4) 6. WW1 remembrance flower (5) 8. English racecourse (5) 9. Arab emirate state bordered by Saudi Arabia (5) 10. Lucy ___, Charlies Angels star (3) 11. Measure of weight (4) 12. Spooky, creepy (5) 14. Require (4) 15. Reverberating sound (4) 16. Spanish snack (5) 19. Italian football club (4) 20. Dec’s sidekick (3) 21. Mortal danger (5) 22. Robe worn by a monk (5) 23. Citrus fruit (5) 24. ____ Wars, classic sci-fi creation (4)

Down

1. Not transparent (6) 2. Edible mollusc (6) 4. Inability to sleep (8) 5. First meeting (12) 6. Original home of the Fresh Prince (12) 7. Simpsons character (5) 13. The ________, 1973 horror film (8) 16. Long-snouted South American endangered mammal (5) 17. ______ Rain, Prince hit (6) 18. Italian sausage (6)

Last week’s solutions:

indecisive=== m=i=a=e=u=gig pirates=l=o=r e=e=c=a=ghana r=c=h=mia===n fitty=e=rigid e=o=======r=p carat=p=tiara t===its=r=f=r isaac=y=a=f=e o=d=t=caution nod=a=h=m=t=t ===acrobatics

Think you’ve cracked it? Pop your completed crosswords (and bribes, naturally) into the Redbrick office along with your NAME, COURSE, YEAR, E-MAIL and TERM-TIME ADDRESS for a chance to win the coveted £10 Waterstone’s voucher for use at the University campus branch.

The deadline for the crossword is Tuesday 23rd February.

The winner from the last issua is Fiona Crichton, Biochemistry II. Come down to the Redbrick office to collect your prize!

!" (1"2#

%$L8%PJU&VWVX&0 VY/0&QJ#Q8$%&Z[[\

S6Q%#

78-'9( :/&&-;%<#/=-2,>&,?#< "=-@/<-A/</#-#"-(%B*/ C2%$/%

7D-;%<6,#$%&& :"4,=E<-#,%4 <#2B++&,-/=-<,%<"=F "1,=,2

!/A,-<#%2-1,2>"24%=?,-$G-;2B4 !""#$%&& '( )*+,-./&&

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

;/24/=+@%4-%##%?6<-H,2,-="#-/=-<@"2#-<B11&G-/=-%-1"</#/A,-@"4,-1,2>"24%=?,-/=-#@,/2-#"1F#/,2-<,%<"=F"1,=,2 9@"#"I-(""-JB%=-K+ ;1'(*& /-& /(?1& @-*/,-4& -: /01& '(.1& (*3& 4--?13& ;G :(,& /01& 5/,-*'1,& (*3& 0>*E ',)1,& 5)317& <)/0& /01& $3'1 C)44& 5/,)?1,5& '1//)*'& *411<(G&:,-.&(&31/1,.)*13 0-.1& ;(@?& :->,7& 413& ;G @(+/()*&J0,)5&M-3<)*A& F)/0& :)D1& .)*>/15& /'-& >*/)4& 0(4:E/).17& /01 0-5/5& 50->43& 0(D1 5/,1/@013& /01),& 41(3I& #-.

J0(+.(*& ;1(/& /<-& .1* )*5)31& /01& (,1(& ;1:-,1 +>44)*'& /01& ;(44& ;(@?& /L>,*:-,3& <0-& +>/& 0)5 50-/&-D1,&/01&;(,&<01*&01 50->43& 0(D1& (/& 41(5/& 0)/ /01&/(,'1/A L15+)/1& /15/)*'& H(::)*& /01& 8),.)*'0(.& '-(4 -*& (& :1<& -@@(5)-*57& $3'1 C)44& <1,1& 51@-*3& /-& .-5/ ;(445& (*3& @->43& *-/& 511& ( <(G& ;(@?& )*/-& /01& .(/@07 (4/0->'0& /01& ,1:1,11& 0(3 -/01,& )31(5A& H>5/& ;1:-,1 /01& 0(4:E/).1& <0)5/41& /01 D)5)/-,5& <1,1& (<(,313& (

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

?11+1,A 2)*>/15& 4(/1,& J-**-, <(5& ('()*& +>/& /0,->'07 /0)5& /).1& ;G& M-3<)*7& ;>/ -*@1& ('()*& 01& @->43& *-/ :)*3& /01& *1/& <)/0& /01 ,1;->*3& :(44)*'& /L>,*:-,3& <0-7& (5& 01& 0(3 )*&/01&:),5/&0(4:7&:),13&-D1, /01&;(,A F0)45/& 8),.)*'0(. .(31& /(@/)@(4& @0(*'157 /01& D)5)/-,5& 4--?13& /N13'19&/01),&<(G&;(@?&)*/+,-@113)*'5A& !;,(0(.

Q50-& ,1+4(@13& /01& 4>@?E 4155& H(@?& R1(3;1//1,& (*3 6(5@(4&#--/144&@(.1&-*&:-, L>,*:-,3A&#01&5>;5/)/>/15 0(3&(*&)..13)(/1&).+(@/A H(.15& J->4.(*7& <0-& 0(3 ;11*& 5<)/@013& :,-.& /01 ,)'0/& <)*'& /-& /01& 41:/ .-.1*/5& 1(,4)1,& +4(G13 ;,)44)(*/4G& ;G& /01& @-,*1, :4('7&;1(/)*'&/<-&.1*&(*3 +>//)*'&)*&(&/1(5)*'&@,-55 <0)@0& <1*/& (44& /01& <(G (@,-55& /01& ;-=& /-& /01

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

31/1,.)*(/)-*A& F)/0& .-.1*/5& /-& '-7 J->4.(*& '()*13& 0)5 :->,/0& (55)5/& -:& /01 .(/@07& 51*3)*'& )*& (& @-,E *1,& <0)@0& <(5& +-<1,13 0-.1&:-,&(&3151,D13&'-(4 ;G& /01& 0(,3E<-,?)*' J0(+.(*& /-& (33& (& :)*(4 :4->,)50&/-&<0(/&0(3&;11* (*& 1=@1+/)-*(4& 51@-*3E 0(4:&+1,:-,.(*@1A& L15+)/1& ;1)*'& *1<E @-.1,5& /-& /01& 2)34(*359 0)'015/& /)1,7& 8),.)*'0(.

50-<13& /01),& (;)4)/G& )* /0)5& :),5/& .(/@0& -:& /01 51(5-*& <)/0& (& 0)'04G ).+,155)D1&<)*A S-& *1=/& /).1& ( T*)D1,5)/G& :)=/>,1& @4(5015 <)/0& (*& )*/1,*(/)-*(4& -, 6,1.)1,50)+& .(/@07 @0--51& /-& @-.1& (*3& 5>+E +-,/& ->,& 8),.)*'0(. ;-G57& ;1@(>51& ;(513& -* /0)5& 3)5+4(G& /01G& <)44& *-/ 3)5(++-)*/A