Issue 1322

Page 1

8#,(%%"*'%.+"/'*#"*<'&-%9 <'*(=%&%*=+>%*+,*-*&%-9*-"/*9-'(#"0 >%-.%*#"*(=%*5#//9%*?-'(@ A6B

REDBRICK

18th Jan 2008 ISSUE 1322 VOL 72

THE UNIVERSITY OF BIRMINGHAM’S STUDENT NEWSPAPER SINCE 1936

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

2%3'*********4 !3)$00C$<&@.()* 4$E.2<+$<&'()*+'A ,-$.?)*4,'&2 '&+'5)$U.&5.&

8#9:

6;

Z.<*$@34&@)$,. >'&$4$@.?-$./ !"#$%&'( 4&5$4 [\[$?64-)*

51'#.

67**

C.4@3)664L$>.<65 -.<$,4B)$4$,*'?$,. ,3)$%M$46,)*&4,'() ,.$=64+,.&E<*-Y

D+$,3)$*4@)$,.$/'&5$4$3.<+)$/.*$,3)$&)H,$4@45)1'@ -)4*$ E)2'&+G$ ?*.?)*,-$ +?)@'46'+,+$ >4*&$ +,<5)&,+ &.,$,.$*<+3$'&,.$@.&,*4@,+$<&,'6$,3)-$4*)$+<*)9$C1&" (+*>-0%*D9$]3.,.L$D&4$Q&+,4&@)$]^*)_

CHANGE YOUR WORLD FAIR Monday 21st January 08 10am-4pm Deb Hall


! >&'1

!"#$!%&'()*++(! ),-.(/0120!3(+44,

,-8371(>&'1

campus shorts >?BC)( DE=( CFAF( )G =)"H #2" -?(-.C(=<88C==(?H(-.C @DE.-( F<=( -ID9AM( -.CIC( D= @?G( 9( ;CI:9@C@-( HICC @DE.-( F<=( =CIND8CJ( 5CC GGGJE<DAO?H=-<OC@-=J8?J <S(H?I(-.C(-D:C-9FACJ( DI",J( ">K( L?>GA?)H F)C>?,(=)EKF>)=( GMM?,FA(D?NFIF,)?G> 17U%10K%715( 9IC( @?G ?;C@(H?I(9(FBPCAC8-D?@(H?I -.C( I?AC( ?H( $A98S( 9@O UD@?ID-B( "-.@D8( 5-<OC@-= 7HHD8CI( c$U"57dJ 1?:D@9-D?@=(8A?=C(?@(-.C +W-.( 9@O( -.C( CAC8-D?@ D-=CAH( GDAA( FC( .CAO( ?@( -.C *)=-J(K.C(=-<OC@-(CAC8-CO GDAA( -9SC( ?HHD8C( D::CODP 9-CABJ "ILG=)( OPQQQ( A"?=FK MGA(AFMEBFF= K["( 2@DNCI=D-B( &9I?A 5CIND8CM( ?@( U?@O9B( )4-. #C8C:FCIM( I9D=CO e,4fJ+*( D@( 9DO( ?H( -.C A?89A( 8.9ID-B( '9ID= 1CDE.F?<I(58.C:CM(G?ISP D@E( GD-.( ICH<ECC=( 9@O

9=BA<:(=CCSCI=(9@O(?-.CI ;C?;AC(D@(@CCO(D@(;9I-=(?H $DI:D@E.9:J :"A)N)?LF(RGAJ( CGAAGA(=)GA?F= 0( 52!^"3( 89IIDCO( ?<-( FB -.C( 125M( G.D8.( .9= ICNC9ACO( -.C( ;??I( G?ISP D@E(8?@OD-D?@=(9@O(;9B(?H =-<OC@-=( D@( ;9I-P-D:C G?ISM( .9=( ;I?:;-CO( -.C <@D?@( -?( =-9I-( 9( 89:P ;9DE@J( %H( B?<( .9NC( 9@B .?II?I( =-?IDC=( 9F?<-( 9 ;IC=C@-( ?I( ;9=-( G?ISP ;A98C( C:9DA( ICOFID8SP @CG=g.?-:9DAJ8?J<S :ED=S( ,IED=( ">K( D"A= )G(DF(?>TF=)?B")FK '()*+*(, )"-#.%- 9IC A9<@8.D@E( 9( 89:;9DE@ 89AACOM( ]!9D=D@E( -.C( $9I> G.D8.( GDAA( H?8<=( ?@( -.C D==<C( ?H( 8?I;?I9-C( =?8D9A IC=;?@=DFDAD-B( GD-.D@( -.C OID@S=(D@O<=-IBJ( %H( B?<( G?<AO( ADSC( -? ;9I-D8D;9-C( D@( -.D=( =-<OBM ;AC9=C( CP:9DA( ICOFID8SP @CG=g.?-:9DAJ8?J<S

campus calendar Monday 21st Jan )/0-1. 2"3%, 4"%56 708% D@( -.C #CF[9AAM( )49:Ph;:J( K.C CNC@-(D=(OC=DE@CO(-?(.CA; =-<OC@-=( EC-( D@N?ANCO 9@O( 8.9@EC( -.C( G?IAO 9I?<@O( -.C:J( UCC-( 89:P ;9DE@D@E( =-<OC@-( EI?<;= 9@O( -9AS( -?( B?<I( CAC8-CO "iC8<-DNC(7HHD8CI=J 93856, :;.#, <"=8-0$8"-& =-<OC@-=( GDAA( FC( 9FAC( -? ;<-( -.C:=CANC=( H?IG9IO -?( FC( ?@C( ?H( -.C( ),( =-<P OC@-=( CAC8-CO( -?( I<@( -.C Z<DAO(D@(-.C(@Ci-(989OC:P D8( BC9IJ( K.C( A9=-( 8.9@8C -?( 9;;AB( D=( -.C( h-. XCFI<9IBJ ^?-D@E( GDAA -9SC( ;A98C( 9-( -.C( =-9I-( ?H U9I8.J(0@B?@C(D@-CIC=-CO =.?<AO( =CC( -.C( 8<IIC@?HHD8CI(?I(C:9DA(OC:?8I9P 8BgE<DAOJF.9:J98J<S

Wednesday

23rd

Jan

70%=.%>&, ?0%@.$ GDAA 9E9D@( 9IIDNC( ?@( 89:;<=J K.D=( D=( 9( .<ECAB( ;?;<A9I CNC@-( =?( EC-( -.CIC( C9IABj 5-9AA=( 9IC( ?;C@( HI?: VJ449:(-?(+J44;:J

4"%@, :;A.%8.-#., 708%, D@ -.C( 0=-?@( kCFF $<DAOD@E( GDAA( .9NC( =<:P :CI( D@-CI@=.D;( 9@O ;A98C:C@-=( ?@( ?HHCI HI?:())9:(-?(*J*4;:J Coming

up...

B"53-$..%8-1, C055, D H?I N?A<@-CCI=( -?( 8CACFI9-C -.CDI( I?AC( D@( ;I?NDOD@E( 9 G?I-.G.DAC( 8?@-IDF<-D?@ -?( -.C( 8?::<@D-BJ( 7@ +V-.( /9@<9IB( +44,( 9/?@EAC<I=J( KD8SC-=( 8?=e),( HI?:( 5-<OC@#CNCA?;:C@-M(Z<DAOJ

picture of the week

XDOCA(&9=-I?(=;?I-D@E(9@(0ODO9=(-I98S=<D-(;.?P -?EI9;.CO(FB($I9RDAD9@(_IC=DOC@-(6<DR(%@98D?(6<A9(O9 5DAN9()W-.(/9@<9IBJ(E.6F%8#@ C@b?B=(-.CDI(DOC?ADED89A D8?@=(GD-.(9(.C9A-.B(=C@=C(?H(DI?@BJJJ

]X98CF??S(89@(FC <=CO(9=(CNDOC@8C>

UCOD8= 89-8. 1?I?(NDI<=

?@-#(A-$.*%$

)-889(C75+&1

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

CP.9I9==:C@-( ODIC8-CO( 9?-.CI(=-<OC@-=J 5?8D9A( @C-G?ISD@E =D-C=(;I?NDOC(9(=;98C(-.98A?=C=( -.C( E9;( FC-GCC@ ;IDN9-C( 9@O( ;<FAD8M( ?HHCIP D@E( D@8IC9=CO( ?;;?I-<@DP -DC=( H?I( =-<OC@-=( -?( OD=P 8<==( <@DNCI=D-B( ADHCJ( K.D= D=( C=;C8D9AAB( -I<C( H?I -.?=C( ?@( =9-CAAD-C( =D-C=M G.?( :9B( @?-( .9NC( 9= :9@B( ?;;?I-<@D-DC=( -?

-.CDI( ACE9A( ;?=D-D?@aJ( K.C 2@DNCI=D-B( 9EICCY( `-.C E<DOCAD@C=( 9IC( D@( @?( G9B 9@( 9--C:;-( -?( OD=8?<I9EC =-<OC@-=( 9@O( =-9HH( HI?: <=D@E( =?8D9A( @C-G?ISD@E =D-C=M( b<=-( -?( :9SC( =<IC -.CB( <=C( -.C=C( =D-C=( D@( 9 =9HC( 9@O( 9;;I?;ID9-C G9BJa( K.C(;?=D-DNC(I?AC(-.9@C-G?ISD@E(=D-C=(89@(;A9B GD-.D@(9(2@DNCI=D-B(89@(FC

8?::<@D89-C( GD-.( =-<P OC@-=( ?@( -.C( :9D@( 89:P ;<=J( 69<I9( 59OACIM( ^D8C _IC=DOC@-( H?I( "O<89-D?@ 9@O( 088C==M( `-.C( Z<DAO 9@O( 2@DNCI=D-B( .9NC G?ISCO( -?EC-.CI( ?@ E<DOCAD@C=(-?(;I?-C8-(=-<P OC@-=(9@O(D@H?I:(-.C:(?H

=CC@(-.I?<E.(-.C(8IC9-D?@ ?H( -.C( &9ICCI=( &C@-IC X98CF??S( EI?<;J( 5<8.( 9 <=C(?H(?@AD@C(IC=?<I8C=(D= CNDOC@8C( ?H( .?G( D-( 89@ C@8?<I9EC( OCF9-C( 9@O 8?::<@D89-D?@( 9:?@E==-<OC@-=J( K.C( 2@DNCI=D-B `.?;C=(-.D=(8?@-D@<C=Ja

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

=-<OC@-=( -?( =DE@( 9( ;C-DP -D?@( 9E9D@=-( -.C( 8A?=<IC G.D8.( FI?<E.-( 9F?<-( 9 :CC-D@E( GD-.( -.C &9-CID@E(#C;9I-:C@-J( 0=( 9( IC=<A-M( -.C( 89HL GDAA(@?G(;I?NDOC=(=CIND8P C=( =D:DA9I( -?( -.?=C( D@ U9=?@(6?<@ECJ( K.CIC( ( GDAA( FC( A?@ECI

)+&(,-.&('/00(1**#(2& 3*/#4/#5(6714*8&%1 -'-9( :+*4*;(<-9(=#&00/#5 ?;C@D@E( .?<I=( 9@O( 9 EIC9-CI(8.?D8C(?H(H??OJ(%@ 9OOD-D?@(-?(-.C(76!&(89HL H98DAD-BM( -.C( !C@OCRN?<= GDAA( 9A=?( FC( ?;C@( HI?: V9:(<@-DA(W;:(-?(FC(<=CO 9=( 9( =?8D9A( =;98C( GD-. NC@OD@E(:98.D@C=J

0( Z%!6 D@HC8-CO( FB( -.C 1?I?NDI<=( ;I?8CCOCO( -? D@HC8-( 9;;I?iD:9-CAB( 9 -.DIO( ?H( -.C( 2@DNCI=D-B>= UCOD8(5SDD@E(.?ADO9BJ( 7@C( :C:FCI( ?H( -.C -ID;( G.?( =<HHCICO( HI?: -.C( NDI<=( =9DO( -.9-( ;C?P ;AC(FCE9@(-?(8?:C(O?G@ GD-.(-.C(NDI<=(9(HCG(O9B= D@-?( -.C( -ID;M( G.CIC( D-.C@( A9=-CO( 9F?<-( H?<I O9B=J( K.C( :COD89A( =-<OC@=9DOY( `6<8SDAB( @?P?@C= -ID;(G9=(I<D@COJa( k.C@( 9=SCO( 9F?<-.C( @9-<IC( ?H( -.C 1?I?NDI<=M( .C( Ci;A9D@CO -.9-( `%-=( @?-( O9@ECI?<= -?(<=(HD-(9@O(.C9A-.B(;C?P ;AC( D-=( ?@AB( IC9AAB D::<@C( 8?:;I?:D=CO ;9-DC@-=( G.?( 9IC( 9ID=Sl(F<-(D-(ODO(@C8C==DP -9-C( 9( A?-( ?H( ^D@( &.9<O =-?;=( ?@( -.C( =A?;C=M G.D8.( G9=( 9( E??O( -.D@E IC9AABJa( 0;;9IC@-AB( @?( ?@C CA=C( ?<-( ?@( -.C( =A?;C= 89<E.-(-.C(NDI<=M(F<-(?@C XIC@8.( EDIA( G9=( =;?--CO N?:D-D@E( G.D8.( :9B( ?I :9B( @?-( .9NC( FCC@( 9 IC=<A-(?H(-.C(NDI<=J

K.C(ZIC9[?<=D@E(I98C <*##9(GU,-00-5+-# K[%5(BC9I(=9G(-.C(8?=-(?H ADND@E( D@( 5CAAB( 79S( ID=C BC-( 9E9D@( 9=( A9@OA?IO= 9@O(AC--D@E(9EC@-=(=CCS(-? :9SC( -.C( :?=-( ?H( =-<P OC@-=( I<=.D@E( -?( HD@O( 9 .?:C( O<ID@E( -.C( `U?@-. ?H(U9O@C==aJ( %@( C9IAB( /9@<9IBM( -.C 2@DNCI=D-B(?H($DI:D@E.9: .CAO( -.C( .?<=D@E( H9DI G.D8.( 9A-.?<E.( D@H?I:9P -DNCM( ACH-( =?:C( =-<OC@-= HD@OD@E( -.C( ;IC==<IC( ?H =C9I8.D@E( H?I( 9( .?<=C( =? C9IAB( D@( -.C( 989OC:D8 BC9I(9(O9<@-D@E(;I?=;C8-J( Z9IB(&?@@?I=M(9(HDI=-P BC9I(=-<OC@-(9-(7;9A(7@CM =9DOY( `%( .9NC( ?@AB( S@?G@ :B( HIDC@O=( H?I( 9( HCG :?@-.=( @?GJ( k.DAC( %( EC?@( GD-.( -.C:( 9-( -.C :?:C@-M( %( O?( @?-( S@?G G.?(%(G?<AO(G9@-(-?(ADNC GD-.( H?I( 9@?-.CI( BC9I( ?H :B(ADHCJa( K.C( 8?=-( ?H( ADND@E( D@ 5CAAB( 79S( .9=( 9A=? D@8IC9=COJ( 5-<OC@-=( G.? 8<IIC@-AB( ADNC( D@( .?<=C= D@( 5CAAB( 79S( .9NC( =CC@ -.C(;ID8C(?H(IC@-(H?I(-.CDI .?<=C( H?I( @Ci-( BC9I

D@8IC9=C( FB( 9=( :<8.( 9= e)4( 9( GCCS( GD-.( @? @?-D8C9FAC( D@8IC9=C( D@ T<9AD-BJ( $ID-9@@D9M( 9( AC--D@E 9EC@-( D@( 5CAAB( 79SM FCADCNC=( -.C( T<9AD-B( ?H .?<=C=(D@(5CAAB(79S(D=(9-(9 NCIB( .DE.( =-9@O9IOJ( 0 =;?SC=;CI=?@( =9DOY( `K.C A9@OA?IO=( G.?( .9NC D@8IC9=CO( -.CDI( ;ID8C( 9IC 988ICOD-COM( ?HHCID@E( 9 .DE.(=-9@O9IO(m?H(ADND@EnaJ( _<I;AC( XI?EM( -.C @CGC=-(9OOD-D?@(-?(AC--D@E 9EC@-=( D@( 5CAAB( 79SM( 9IC SCC@( -?( C:;.9=D=C( -.C @CCO(H?I(=-<OC@-=(-?(-9SC -.CDI(-D:C(G.C@(;D8SD@E(9 .?<=CJ( `K.CIC( 9IC( :?IC -.9@( C@?<E.( .?<=C=( D@ 5CAAB( 79S( H?I( =-<OC@-=a =9DO( ZICE( k.D-CM( 8?P ?G@CI( ?H( _<I;AC( XI?E _I?;CI-BJ(` K.C( AC--D@E( 9EC@-=M 9A?@E(GD-.(-.C(2@DNCI=D-B ?H( $DI:D@E.9:M( GCIC SCC@( -?( C:;.9=D=C( -.C D:;?I-9@8C( ?H( 98T<DID@E 9(.?<=C(-.9-(D=(;9I-(?H(-.C A9@OA?IO( 988ICOD-9-D?@ =8.C:C( -.9-( -.C( Z<DAO =-9I-COM(-?(C@=<IC(9(E??O =-9@O9IO( ?H( ADND@E( 9@O =GDH-(IC;9DI=J


8#$-

!"#$!%&'()*++(! ),-.(/0120!3(+44,

7.0+%(8#$-

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

8#$(E,&##, :+-(230.;30( -,+,*-6 9.1(=&+,,

9:#(0*&&#;,("#$#%%#&'(<*+&,#&(=:.,.>(931(?%%3-

01`56"!( -8?@-( .>@ >QQ7>:7L( ?G( -.7( Q:AU QA@7L( :7L7I79AQD7G-( AV $?:D?GF.>D( 178( \-:77\->-?AGR( P:7I?A=@( L7@?FG@ .>I7( B77G( @C:>QQ7L( ?G V>IA=:( AV( >( L7@?FG( -A F?I7( -.7( @->-?AG( E?CAG?C @->-=@RO( 0( CADQ7-?-?AGK( V7>U -=:?GF( >:C.?-7C-@( 8A:9LU 8?L7K( -A( V?GL( >( L7@?FG -.>-(?GC9=L7@(>(G78(>-:?U =D( @->-?AG( V>i>L7 Q9>C7L( >BAI7( G78( Q>@U @7GF7:( CAGCA=:@7@K( .>@ B77G(>GGA=GC7LR 5.7( !A;>9( %G@-?-=-7 AV( $:?-?@.( 0:C.?-7C-@( ?@ GA8( ?GIA9I7LK( >GL( -.7 8?GG7:( 8?99( B7( F?I7G( > Sj4( D?99?AG( CAG-:>C-( -A =@7( ?G( B=?9L?GF( -.7?: L7@?FGR( %-( ?@( .AQ7L( -.7( Q:A[U 7C-( 8?99( @77( $?:D?GF.>D 178( \-:77-( B7CAD7 >GA-.7:( @;DBA9( AV $?:D?GF.>DH@( F:A8?GF F9AB>9(?DQA:->GC7R

E,*F#;,(8#$-

2@.4#&3;56(A+&#;,-(:3,(,:# B;34#&-3,'(.C(D3&13;5:+1 L&#5(N#()*3F, Z6"_%&`P5"!( Q>:7G-?GFH .>@( 9>GL7L( ?G( -.7 2G?I7:@?-;( AV $?:D?GF.>DK( 8?-.( -.7 V?:@-(AVV?C?>9(AQ7G(L>;(VA: Q>:7G-@( 8?-.( >G( AI7:U 8.79D?GF( >--7GL>GC7( AV DA:7( -.>G( )K444( >GL( > G78( D>F>a?G7( 7@Q7C?>99; VA:( Q>:7G-@( C>997L( b9;?GF -.7(17@-R( 5.7( -7:D( Z.79?CAQ-7: Q>:7G-?GFHK( ?GI7G-7L( B; >G(0D7:?C>G(C9?G?C>9(Q@;U C.A9AF?@-K( :7V7:@( -A( -.7 ?L7>( -.>-( Z.79?CAQ-7:( Q>:U 7G-@H( .AI7:( AI7:( -.7?: C.?9L:7GR( 5.7( 2G?I7:@?-;H@ #?:7C-A:( AV( \-=L7G-( _?V7K '>-7( #ALLK( @=FF7@-7L -.>-( -.7:7( ?@( >( F:A8?GF -:7GL( -A8>:L@( DA:7( Q>:U 7G-( ?GIA9I7D7G-( >DAGF @-=L7G-@R( EM7( F7-( Q>:7G-@( :?GF?GF =@( =QK( @>;?GF( Z%( .>I7GH.7>:L( V:AD( D;( @AG( A: L>=F.-7:(VA:(>(8.?97R(&>G ;A=( -799( D7( ?V( -.7;( >:7 `'cH( 5.7;( 8>G-( -A( WGA8 ?V(-.7?:(@AG(A:(L>=F.-7:(?@ @AB7:K( >--7GL?GF( 97C-=:7@ A:( @977Q?GF( 8?-.( @AD7U BAL;K( B=-( 87( C>GH-( -799 -.7D(B7C>=@7(-.>-(8A=9L

B7( >( B:7>C.( AV( CAGV?L7GU -?>9?-;Rd 5.7:7( ?@( @Q7C=9>-?AG -.>-(-.7(C.>GF7(?G(-=?-?AG V77@(.>@(97L(-A(>(D>:W7-?U @>-?AG( AV( -.7( =G?I7:@?-; @Q.7:7( 8?-.( Q>:7G-@( >C-U ?GF( DA:7( 9?W7( CAG@=D7:@ 9AAW?GF(VA:(-.7(B7@-(ZL7>9H VA:(-.7?:(C.?9L:7GR Z679?CAQ-7:( Q>:7G-U ?GFH( D>;( B7( LA?GF( -.7 @-=L7G-( >( 9A-( DA:7( .>:D -.>G( ?-( ?@( LA?GF( -.7D FAALR(\7I7:>9(.?F.UQ:AV?97 F:>L=>-7( :7C:=?-7:@( .>I7 :7QA:-7L( ?GC?L7G-@( 8.7:7 Q>:7G-@( .>I7( CAG->C-7L -.7D( -A( G7FA-?>-7( >( @AG A:( L>=F.-7:H@( @->:-?GF @>9>:;R( `-.7:@( .>I7( .>L Q>:7G-@( CAG->C-( -.7D( -A CADQ9>?G( >BA=-( >( ZC.?9LH 8.A(.>@(B77G(AI7:9AAW7L VA:(Q:ADA-?AGR N>G;( :7C:=?-7:@( .>I7 CAGC7:G@(-.>-(>G(?GC:7>@7 ?G(-.7(97I79@(AV(Q>:7G-?GF :7L=C7@( F:>L=>-7@H( @79VU DA-?I>-?AG( >GL( :79?>B?9?U -;R( $AB( 0-.8>9K( e:>L=>-7 !7C:=?-D7G-( N>G>F7:( >!M"(1PA87:K(7I7G(@>?L^(E %-( ?@( 7@@7G-?>9( -.>-( 87 @-:?I7( -A( B7( >G( 7DQ9A;7: AV(C.A?C7(GA-(AG9;(VA:(-.7 F:>L=>-7@( B=-( >9@A( -.7?: Q>:7G-@RO

EN.('.*&(A+&#;,-(3;,#&4#;#TR

'>-?7(\Q7GC7:K(!?C.>:L(&AX(>GL(097X(\I7G@AGK(>99 0CCA=G-?GF(k(b?G>GC7(%R( O9:#'(A:.;#(1#(/*,(,:+,6-(+/.*,(3,KR g'>-?7h( O9:#'(534#(1#(1.;#'($:#;(P(;##F(3,KR g!?C.>:Lh( OP($3-:(1'(A+&#;,-($.*%F(0+%%SR g097Xh

N?:>@(0BL=W.>9?WAI OJ'(A+&#;,-(1+F#(1# 0.1#(,.(?;5%+;F(+C,#& 5&+F*+,3;5K(P(F3F;6,(%3G# 3,(+,(,:#(,31#Q(/*,(;.$ P(+1(5&+,#C*%KR

!.;@(6>;8>:LK(6?@-A:;(%% OJ'(A+&#;,-(;#4#&(#4#; 0+1#(,.(,:#(*;34#&-3,' .A#;(F+'-KR =:.,.->(73M(E#+/&..G

E*&A&3-# -$..A(.; D&*1(A*/

!

6/&30G /&3#C-

E+,H8+4(-#;F-(I&1' ,+;G-(3;,.(0.*;,&'-3F# :+1%#, 5.7( :7@?L7G-@( AV #AGG?GF-AGK( >( -?G;( I?9U 9>F7(L77Q(?G(-.7(.7>:-(AV -.7( \.:AQ@.?:7( CA=G-:;U @?L7K( .>I7( B7CAD7( =@7L -A(:7F=9>:(I?@?-@(V:AD(-.7 >:D7L( VA:C7@R( ( 0:D; ->GW@( >GL( -:>G@QA:-7:@ C>::;?GF( C>GGAG@( .>I7 B77G( V?99?GF( -.7( @-:77-@ L=7(-A(>(@>-UG>I(B9=GL7:K 8.?9@-(>--7DQ-?GF(-A(V?GL -.7?:( 9AC>9( B>::>CW@( G7>: -.7( 9>:F7( -A8G( AV 579VA:LR

J+;( ( ,:&.$-( :31-#%C .*,( .C( $3;F.$H( $3,: 0:&3-,1+-( ( ,&## 0( e7:D>G( D>G( ( V799( ++ V77-( V:AD( >( -.?:L( @-A:7; 8?GLA8( >V-7:( >--7DQ-?GF -A( -.:A8( .?@( ( &.:?@-D>@ -:77( ?G-A( -.7( @-:77B79A8R 2GVA:-=G>-79;K( -.7( -:77 L?L( GA-( C=@.?AG( .?@( V>99 >GL(.7(8>@(->W7G(-A(.A@U Q?->9( 8?-.( @7I7:7( .7>L ?G[=:?7@K

I;F&#$(9.&.F#

L.4#&;1#;,( /+;-( D&3,C&.1(G##A3;5(#%#A:+;,-

%1( >G( 7VVA:-( -A( C=-( LA8G AG( B?GF7( L:?GW?GF( ?G $?:D?GF.>DK( QA9?C7( .>I7 C>::?7L( A=-( >( @=:Q:?@7 @8AAQ(AG(>(NA@797;(Q=BK 8.7:7( -.7;( CAGL=C-7L @AB:?7-;(-7@-@R 5879I7( AVV?C7:@( C>:U :?7L( A=-( -7@-@K( =@=>99; :7@7:I7L( VA:( QA-7G-?>9 L:?GW( L:?I7:@R( 5.7@7 ?GC9=L7L( D>W?GF L:?GW7:@( 8>9W( >9AGF( > C.>9W7L( @-:>?F.-( 9?G7( ?G -.7(B77:(F>:L7GR _>GL9A:L( '7?-. N>:@L7G(@>?L(-.>-(.7(8>@ EA=-:>F7LO( B;( -.7( AVV?U C7:@H(a7>9R _?B7:>9( #7DAC:>CA=GC?99A:( N>:-?G N=99>G7;( @>?L^( E%-( ?@ >B@A9=-79;(C:>a;(-.>-(->XU Q>;7:@H( DAG7;( ?@( B7?GF @Q7G-( AG( ?GI7@-?F>-?GF 8.7-.7:( Q7AQ97( >:7 L:=GW(?G(Q=B@RO( M7@-(N?L9>GL@(PA9?C7 >:7( CAGL=C-?GF( >G( ?G-7:U G>9( ?GY=?:;( >V-7:( CADU Q9>?G-@(-.>-(-.7(F:A=Q(AV AVV?C7:@(>C-7L(9?W7(EB=99;U BA;@OK( AG( 7G-7:?GF( -.7 P:?GC7( AV( M>97@( ?G NA@797;R

%G( C>@7( ;A=( L?LGH-( WGA8 >9:7>L;K(Q7AQ97(?G(-.7(2' C>G( GA( 9AGF7:( W77Q( 797U Q.>G-@(?G(-.7?:(B>CW(F>:U L7G@R( 5.7( eAI7:GD7G:7[7C-7L( >G( AG9?G7( Q7-?U -?AG(C>99?GF(VA:(Q7-(@.AQ@ -A(B7(>99A87L(-A(@799(797U Q.>G-@R( Tf4( Q7AQ97 @?FG7L( -.7( Q7-?-?AGK 8.?C.(>:F=7L(-.>-(E7I7:; C.?9L( ?G( -.7( 2'( 8A=9L B7G7V?-( V:AD( A8G?GF( >G 797Q.>G-OR( 6A87I7:K( -.7 eAI7:GD7G-( L?L( GA>F:77^( g%H99( .>I7( -A( :?GF -.7(Q>:7G-@(>GL(-799(-.7D -A(.?L7((#=DBAhR(


!E#3)

VO!AV0G^&Q_DD&D QF)<&CW#JWVN&DEEF

9*22#+.

K.45#+.$%#@*%.

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

F#+;&$G$ ."#$.%4."

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

1+1,>(>& 1& 5(1,/& 1& <9'( 6.749R& -7& :)9>(.):& ):)6*941)(& )<(& (2-.-*5 1.>& 1& ;--:)& )-& )<(& ,(79,= ;6:<*(.)& -7& @(5& 31,):& -7

(.)6,(45&*5&-36.6-./&3(-= 34(& :<-94>& .-)& '-& )-& 9.6= 8(,:6)5& 7-,& )<(& :1@(& -7& 6)? %<6:&6:&+<1)&:2<--4&6:&7-,/ +<5&-9,&31,(.):&3,(::9,(

-*(+./#))$/#&%+(+01$)*2#."(+0$."&.$3#$)"*4/5$"&6# /#7.$8#"(+5, A6,*6.'<1*M&L<5/&C-..5/ 5-9&:15/&>-(:.$)&)<6:&S9:) :-9.>&+-.>(,794M A9)& 1)& +<1)& 2-:)M& 0. *5& -36.6-.=& 1.>& )<6:& 6:

9:& 6.)-& 1))(.>6.'& 3-6.)= 4(::& 241::(:& 1)& )<(& 1'(& -7 :6R/& +<(,(& +(& 4(1,.& <-+ )-& :)62@& 31:)1& )-& 1& 341)(? #-/& J.68(,:6)5& 6:& 7-,& )<(

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

9.(R3(2)(>45& +-.& )<( #(+& U1*3:<6,(& .-*6.1= )6-./& :((*6.'45& ;(219:( :<(&:<(>&1&)(1,&1)&1&T9(:= )6-.& 1.>& 1.:+(,& :(::6-.? 0)&3,-8(>&:<(&+1:&<9*1./

4-)& -7& (77-,)?& %<(& :)1)9( +-94>& 1)& 4(1:)& 3944& 4(:: ,6>6294-9:&712(:? I<(&6:&4(1>6.'&1&.('1= )68(&21*316'.&1'16.:)&<(, 7(44-+& !(*-2,1)62& .-*6=

<8&2&$&+5$9/(+.*+$0*$"#&5$.*$"#&5$ +6)<& ,(14& (*-)6-.:?& A9) :9,(45& +((36.'& 6:.$)& 1 ;1:6:& 7-,& 1& 4-.'=)(,* 3-46)6214& :),1)('5?& 07& 6)& 6:/ U6441,5& :<-94>& S9:) ,(3412(&<(,:(47&+6)<&1&2,5= 6.'& :)1)9(& -7& )<(& Z6,'6. P1,5?&0)&+-94>&:18(&<(,&1

.((:/& 7-,'())6.'& )<(5& 1,( 144& -.& )<(& :1*(& :6>(? I933-,)6.'& )<(& 0,1T& L1, 6:&-.(&)<6.'?&%<(&3,-;4(* 6:&:<(&>6>.$)&12)91445&,(1> )<(& G0W$:& >-29*(.)& -. 0,1T$:& LP!& ;(7-,(& :<( 8-)(>& 7-,& +1,?& 0.& 144& 716,=

.(::/&G46.)-.&+-94>&3,-;= 1;45&;(&1&2-*3()(.)&3,(:= 6>(.)/& *15;(& (8(.& ,(12<= 6.'&<147=>(2(.)&-.&1&'--> >15?& %<(& -.45& 2,(>6;4( 2<1.'(& 21.>6>1)(& 6: A1,12@& ";1*1?& U(& *15 .-)& ;(& )<(& .(+& P(::61</ ;9)&<(&*1@(:&3(-34(&7((4 '-->& 1;-9)& )<(*:(48(:? #-.(&-7&U6441,5$:&.('1)68( 21*316'.6.'& 7-,& <6*?& L( <18(.$)& :((.& *92<& :9;= :)1.2(& 5()/& ;9)& ";1*1$: 3-4626(:& +644& ;(& )(:)(> .-+&<(&<1:&(*(,'(>&1:&1 :(,6-9:& 7,-.)=,9..(,?& ". 7-,(6'.& 17716,:& <(& :((*: :-9.>/& 1)& 4(1:)?& U(& 1>8-= 21)(:& )14@6.'& )-& )<(& 4(1>= (,:& -7& 0,1.& ,1)<(,& )<1. ;4-+6.'&6)&93?&W.>&9.46@( P6))& V-*.(5/& ";1*1 ;(46(8(:& 6.& (.>6.' [91.)1.1*-& A15& ,1)<(, )<1.&(R)(.>6.'&6)? ".& \)<& H(;,91,5/& )+(.)5 :)1)(:& +644& 8-)(& 1)& -.2( 7-,& )<(6,& .-*6.1)6-.:?& A5 )<(.& +(& *15& ;(& 6.& 1& ;()= )(,&3-:6)6-.&)-&@.-+&+<+644& 2-*3()(& 7-,& )<(& S-; -7& JI& (4(2)6-.?& ".( )<6.'$:& 7-,& :9,(]& +<-(8(, +6.:&<1:&)-&;(&;())(,&)<1. [(-,'(&A9:<?

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`E& 3(,2(.) -7&)<(&3-3941)6-.&-7&)<6: O1:)& W7,621.& 2-9.),5& 1,( ;()+((.& )<(& 1'(:& -7& QF 1.>& _\/& 1.>& )<6:& +1: ,(74(2)(>& 6.& )<(& <9'( )9,.-9)& )<1)& >15?& %<(,( +(,(&)<,((&*16.&3-46)6214 31,)6(:& 2-.)(:)6.'& 3,(:6= >(.)614/& 31,461*(.)1,5 1.>&26862&a26)5/&1.>&)-+. 2-9.264b& :(1):?& W44& )<,(( +(,(& 21,8(>& -9)& -7& )<( #1)6-.14& W4461.2( V16.;-+& G-146)6-. a#WVGb& 31,)5?& %<(& 31,)5 <1>& :346)& 6.& DEE`& 17)(, )<(& ,(7(,(.>9*& -.& )<( 3,-3-:(>& 2-.:)6)9)6-. +6)<& P+16& ^6;1@6/& )<( 6.29*;(.)& 3,(:6>(.)/ :933-,)6.'& )<(& 3,-3-:(> 2-.:)6)9)6-./& 1.>& <6: ,6814:& V1641& ">6.'1& 1.> ^14-.c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

)6-.?& P(1.+<64(/& 3,(:= :9,(& +1:& *-9.)6.'& -. ^6896)9&)-&>(241,(&1&3,(:= 6>(.)614&+6..(,? ".&)<(&(8(.6.'&-7&)<( DX)</& )<(& OG^& a(4(2)-,14 2-**6:6-.& -7& ^(.51b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dI18(& -9,& G-9.),5$ 6.6)61)68(/&1&>15&+<(.&144 ;,-1>21:)& 1.>& 3,6.) *(>61& 9.6)(& )-& ),1.:*6) *(::1'(:& -7& 3(12( )<,-9'<-9)&)<(&2-9.),5? J.7-,)9.1)(45/& 6) :((*:& )<1)& ^6;1@6& :((*: )-& ;(& *-,(& (1'(,& )-& 3,(= )(.>& )<1)& .-)<6.'& 6: +,-.'&)<1.&122(3)&*(>6= 1)6-.& (77-,):/& 1.>& )<(& OJ )->15&)<,(1)(.(>&)-&+6)<= >,1+&16>&7,-*&^(.51?

-&%.$*7$."()$&%.('/#$3&)$&/)*$@48/()"#5$(+$'()*+% ,-.&#/**L333,)&;(./*45#%,'*,4>M,


"#$%

!"#$!%&'()*++(! ),-.(/0120!3(+44,

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b@-.( @A-9<9G-( <7-9G( :A

>:7AG(@AE<97G@ABK(7A;(-.9 E:G-( :H( >@8@AB( E:A-@AI@AB -:( <@G9K( @-( @G( -.:IB.-( -.7=:?9A( =@>>( D9( 7HH9E-9; ?:G-N %-( .7G( D99A( GIBB9G-9; -.7-( .78@AB( E.@>;<9A( =7G :A9( :H( -.9( ?7@A( <97G:AG H:<(=:?9AZG(-<:ID>9GN( V:=989<K( '7-( 5-7<FK b:?9AkG( \HH@E9<( 7-( -.9 17-@:A7>( 2A@:A( :H 5-I;9A-GK( G7@;i( ( Sb:?9A 7<9( -7F@AB( >:AB9<( -.7A ?9A( -:( O7C( :HH( -.9@<( G-IJ ;9A-( >:7AGK( D9E7IG9( -.9C 7<9(O7@;(>9GGK(A:-(D9E7IG9 -.9C( 7<9( -7F@AB( -@?9( :HH -:(.789(E.@>(;<9ANU(((( 5.9( 7;;9;i( Sb@-.@A -.<99( C97<G( :H( B<7;I7-J @ABK(:89<(e4l(:H(?9A(7<9 97<A@AB( :89<( m+dK444K E:?O7<9;( -:( [IG-( :89<( 7 gI7<-9<(:H(=:?9ANU

D).'#2)0;(2528#0$*++(#%0X.:-:i(/7C(5A9>>@AB

$:BIG(2A@89<G@-C 9LO:G9;( C*A07+5)) 0( !"&"16( $$&( @A89G-@B7J -@:A(.7G(9LO:G9;(7(D:BIG IA@89<G@-C( :O9<7-@AB( @A M:A;:AN( 2O(-:(d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gI9<@9G 7D:I-( -.9( >9B@-@?7EC( :H -.9( :<B7A@G7-@:A( =9<9 E:89<9;( DC( -.9( E<97-@:A :H( 7( D:;C( FA:=A( 7G( -.9 nI7>@-C( 0GGI<7AE9 &:??@GG@:AK( =.@E.( =7G GIOO:G9;( -:( ;9G@BA( 7A; ?:A@-:<( G-I;9A-( EI<<@EIJ

>7?N( 0B7@A( -.:IB.K( -.@G =7G(H7>G9N WI<-.9<?:<9K(-.9(GIOJ O:G9;( V:A:<7<C &.7AE9>>:<(:H(-.9(%%2K(:A9 $7<:A( 'A:=-.K( H<99>C 7;?@--9;(-:(7A(IA;9<E:8J 9<(<9O:<-9<(-.7-(-.9(9A-@<9

C:#08+#%)0*;0):#0UUT :O9<7-@:A(=7G(H7F9N( V9(=7G(gI:-9;(7G(G7CJ @AB( -.9( =9DG@-9( =7G( G@?J O>C( S7( H@B?9A-( :H( G:?9J :A9ZG( @?7B@A7-@:Aop:Hq =.7-( 7( IA@89<G@-C( G.:I>; >::F(>@F9NU((((((((((((((5@AE9 -.9( 9LO:GI<9( K( -.9 2A@89<G@-C(:H(\LH:<;((.7G OID>@E>C(EI-(E:A-7E-(=@-. -.9(:<B7A@G7-@:AK(7A;(-.9 %%2( .789( 7AA:IAE9;( -.9C =@>>( A:( >:AB9<( :O9<7-9( @A M:A;:AN( 6.9(V@B.9<(";IE7-@:A ]@A@G-9<K( $@>>( !7??9>>K .7G( 7>G:( 8:=9;( -.7-:IB.9<( <9G-<@E-@:AG( :A 7EE<9;@-7-@:A( H:<( IA@89<J G@-C( G-7-IG( =@>>( D9( @A-<:J ;IE9;(DC(+44rN(

0=7<;G(H:<(-.9($7<D9<( %AG-@-I-9 >#<0=+52H3(2 6V"( $7<D9<( %AG-@-I-9( :H W@A9( 0<-G( .7G( =:A( 7A 7=7<;( H:<( @-G( 9LE9>>9AE9 @A(9;IE7-@:A(G9<8@E9G(7A; 7A:-.9<( H:<( :A9( :H( @-G E:@A( 9L.@D@-@:A( E7-7J >:BI9GN $<@7A( 5E.:>9GK ";IE7-@:A( \HH@E9<K( =7G 7=7<;9;( -.9( 57A;H:<; 0=7<;( H:<( V9<@-7B9 ";IE7-@:A(D9E7IG9(:H(.@G <:>9( @A( O<:?:-@AB( 7<9;IE7-@:AK(7A;(H:<(:<B7AJ @G@AB( 7A;( <IAA@AB( 7<E>7GG9G( 7A;( =:<FG.:OG H:<(7>>(7B9GN 0-( -.9( G7?9( -@?9K

"I<C;@E9(Y9:<B7A-9>@K(-.9 $7<D9<ZG(F99O9<(:H(E:@AGZK D::F(7D:I-(-.9($CT7A-@A9 =:<>;K( =<@--9A( =@-.( -.9 $<@-@G.( ]IG9I?ZG( $7<<@9 &::FK( E7?9( <IAA9<JIO( @A -.9( O<9G-@B@:IG( 0^0 0<-_0<-( 19=GO7O9< "L.@D@-@:A( &7-7>:BI9 0=7<;(+44`(N( 6.9C(7<9(7>G:(@A(-.9(<IAJ A@AB( -:( =@A( -.9( !:C7> 1I?@G?7-@E( 5:E@9-C M.:-F7(]9?:<@7>(X<@T9N( $:-.(7=7<;G(7<9( 98@;9AE9( :H( -.9( $7<D9<ZG :I-G-7A;@AB( GIEE9GG( 7A; 7E.@989?9A-( @A( <9E9AC97<GN( C:#0:*A#0*;0%.88#%%0X.:-:i(V7AA7.(b9>D:I<A @('#*<5A#%0&'()*+ \>>C(]:GG

,#-.)/0&'()*+% #7A@9>>9(]::<9 5-9O.9A(X@-E.9<G

"#$%0&'()*+% 6:?(&>7<F9 5C<99-7(&I?D9<D7-E. 67??C(VIB.9G !"#$!%&'(")*+,-./0%12&-23'

B(;#%)/3#0&'()*+ %HI(%H97E.: !"#$!%&'1%4"*.61"+,-./0%12&-23'

7(8.+#%0&'()*+ /9GG('@? &'()*+(5309%%(%)52)% 5-989(5-<97-H@9>; /:9>(W7I>FA9< V7A79(6GI[@ ">97A7(\89<9--

=#5).+#%0&'()*+% 0AC7(&:I<1@EF(X9-<@9 !"#4"0.3!"*+,-./0%12&-23' >.%(80&'()*+% "<@E7(a9<A:A 07<:A(b<@B.!"#$!%&'/3*%&+,-./0%12&-/ 9+)%0?04.3).+#0&'()*+% 57<7.($>7EF7DC V9>9A(&<I-E.9<

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

92'+#$0C*+*'# 562#"165( .789( 8:-9; :89<=.9>?@AB>C( -:( D7EF G:?9(:H(-.9(?:G-(<7;@E7> E:AG-@-I-@:A7>( 7A;( B:89<J A7AE9(E.7AB9G(@A(-.9(.@GJ -:<C( :H( -.9( 125K( 7-( 7A "L-<7:<;@A7<C(&:AH9<9AE9 @A( M9@E9G-9<( 97<>@9<( -.@G ?:A-.N 6.9( E.7AB9G( 7HH9E-.9( =.:>9( O:>@-@E7>( G-<IEJ -I<9( :H( -.9( :<B7A@G7-@:AK @AE>I;@AB( D:-.( -.9( O:>@J ECJ?7F@AB( O<:E9GG( 7A; @-G( ;7CJ-:J;7C( <IAA@AB 7A;(G-<7-9BCN 6.9( 0AAI7> &:AH9<9AE9K( <9A7?9;( -.9 0AAI7>( &:AB<9GGK( @G( E9AJ -<7>( -:( -.9@<( ?@GG@:A( -: O<:8@;9( 7;8@E9K( -<7@A@AB 7A;(<9O<9G9A-7-@:A(H:<(7>> -.:G9( @A( O:G-J)P( 9;IE7J -@:AN( #9>9B7-9G( H<:? 989<C( <9E:BA@G9;( HI>>J -@?9( @AG-@-I-@:AK( B7-.9< -:( ;9E@;9( :A( -.9( E7?J O7@BA( 7B9A;7( H:<( -.9 E:?@AB(C97<K(7G(=9>>(7G(-: ?7F9( ;9E@G@:AG( :A( O:>@J ECN( 6.9G9( ( ;9E@G@:AG( 7<9 D7G9;(:A(O<:O:G7>G(?7;9 DC( ;9>9B7-9G( -.9?G9>89G 7G(=9>>(7G(;9E@G@:AG(?7;9 7-( :-.9<K( G?7>>9<( E:AH9<J 9AE9G( -.<:IB.:I-( -.9 C97<N( 0A:-.9<( @?O:<-7A<:>9( :H( -.9( E:AH9<9AE9( @G -:( 9>9E-( -.9( 17-@:A7> "L9EI-@89( &:??@--99 Q1"&R( 7G( =9>>( 7G( -:( .:>; -.@G( E:??@--99( -: 7EE:IA-( @A( -.9( 7<97( :H

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

&'()*+(53 0A(7O:>:BCNNN

/:@A(-.9(-97?

4:(#;07:*)*<+5-:#+ M@T(597D<::F

4+#5)(6#0&'()*+ 57<7.(W9A-:A

125(IA;9<B:(?7F9J :89<(H:<(19=(397<

:"#$!%&'; =:I>;( >@F9( -:( 7O:>:B@G9( -:( 7AC:A9( =.:( =7G :HH9A;9;( DC( -.9( 7<-@E>9( 9A-@->9;( h5-7<G( @A( X<:H@>9ZK =.@E.(7OO97<9;(@A(:I<(6a(G9E-@:A(@A(%GGI9()*+)N(5:?9 :H(-.9(7<-@E>9(=7G(@A(D7;(-7G-9(7A;(;@;(A:-(;:([IG-@E9 -:(/@>>(#7A;:(:A9(:H(-.9(D9G-([:I<A7>@G-G(:H(.9<(B9A9<J 7-@:AN(

&'()*+ /7?9G(\B;9A

123(2#0&'()*+ !.CG(V7C=7<;

!

=(3A0&'()*+% M7I<7(VI?O.<9CG %87A(!7;H:<; !"#$!%&'4%1/+,-./0%12&-/ C@0&'()*+ 07<:A(!:7E.($<@;B9?7A

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

D-*+)0&'()*+% #:?@A@E(#78@G 1@EF(V:=7<; !"#$!%&'*9-!.+,-./0%12&-/

7+**;+#5'#+% 5:O.@9($7@>9C &7-(W:<;9 &.7<>:--9('I??9< "??7(M7ABH:<; !7E.9>(M:?7G X.@>@OO7(X7<<C 0<G.99A(!7[O7< W9>@L(!9.<9A 123(2#0D.EF&'()*+% /:G.(0;>9C /:($<:?@>:= 0>9L(&.:<>9C /:A7-.7A(Y@>D9<c:9(Y::;F@A V7<<@9--9(M7<;9< '7-.7<@A9(1I<G9 &7-<@:A7(X@EF7<; 57>>C(6.9>=9>> 59<7(6.:?OG:A

59E-@:A(?99-@AB(-@?9Gi 19=G(J(dO?(6I9G;7C W97-I<9G(J()+A::A(b9;A9G;7C ]IG@E(J(eO?(b9;A9G;7C 0<-G(j(&I>-I<9(J(eN*4O?(b9;A9G;7C a@;9:B7?9G(j(69E.A:>:BC(J(*O?(b9;A9G;7C M@H9G-C>9(J(+O?(b9;A9G;7C W@>?(J()N*4O?(6.I<G;7C 69>98@G@:A(J()O?(]:A;7C 5O:<-(J()O?(W<@;7C X<::H<97;@AB(@G(eO?(J(`O?(b9;A9G;7C ,#%(<2#'0?0)/-#%#)0E/ G#'E+(8HI 4*-/+(<:)0J4K0G#'E+(8H0LMMN :"#$!%&' G-<@89G( -:( IO.:>;( -.9 12/( &:;9( :H( &:A;IE-N( 6.9 8@9=G(9LO<9GG9;(@A(:"#$!%&' ;: A:-(A9E9GG7<@>C(<9H>9E-(-.:G9(:H -.9( 9;@-:<GK( -.9( YI@>;( :<( -.9 OID>@G.9<GN(%H(C:I(H@A;(7A(9<<:< :H( H7E-( @A( :I<( O7B9GK( O>97G9 =<@-9( -:( -.9( ";@-:<N( \I<( O:>@EC @G(-:(E:<<9E-(?@G-7F9G(O<:?O->C @A( O<@A-( 7A;K( =.9<9( 7OO<:O<@J 7-9K(-:(7O:>:B@G9N( b9(<9G9<89(-.9(<@B.-(-:(9;@-(7AC 7<-@E>9K( >9--9<( :<( 9?7@>( GID?@-J -9;(H:<(OID>@E7-@:AN

C*08*2)58)0.%O :"#$!%&' P.(3'0*;0D).'#2)% &'<E5%)*2075+H0G*5' Q(+A(2<:5A QRS0LCT C#3#-:*2#O004)+)(+d)(+eP+ &A5(3O0 !"#$!%&'+53%1#2$,0/20&23' )))2!"#$!%&'-(1%("2&-23' 9'6#+)(%(2<O0 &:A-7E-("?@>C($7;B9<(@A(YI@>; ]7<F9-@AB(:A(4)+)(+d)(+d+d :<(9ND7;B9<fBI@>;ND.7?N7ENIF :"#$!%&' @G( O<@A-9;( -.<:IB. ===NgI:-9?9O<@A-NE:?K( 4,ed )*44(PP`N


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

@)%A'%B( %1U%1%53 Z-7C>( &:LK7E9 K=>?>E-?(<+")D-*)D&%0. DE #>F( [788@( cM*4KL@( +d-.O +e-.( /7E;7=9M( Z>-( DE( -.> C;--DEC( ?.>H?( :< ]DI-:=D7E( `:EH:E@( -.D? K879( <:88:A?( -.>( ;EDQ;> 7EH(K:DCE7E-(J:;=E>9?(:< -.>( ?KD=D->H( 7EH( :<->E .D87=D:;?( a;-( aD=8?( :< #>K-<:=HM( X5.>=>B?( :E89 :E>( -.DEC( DE( 8D<>( A:=?> -.7E(F>DEC(7(a;-(aD=8(7EH -.7-B?( F>DEC( 7( A.:=>Y( O -.D?( DE?KD=>?( -.>( L>HO H8DEC@( `7H9( [>8>E7@( -: I.7EC>( -.>D=( H>?-DED>? <:=>G>=M( 5.>( K=:<D-?( :< -.D?(>^ID-DEC(?-;H>E-(K=:O H;I-D:E( AD88( C:( -:( -.> 5>>E7C>( &7EI>=( 5=;?-b -DIP>-?( 7=>( 7G7D87F8>( E:A DE(/:>B?(F7=M %E( 7( F=7EH( E>A( ?.:A K=>LD>=>H( 7-( -.> "HDEF;=C.( U>?-DG78( +44c@ Z:A>-:( a:?K>8( &.:D=( AD88 GD?D-( +e( 2'( -:AE?( 7EH ID-D>?( DE( U>F=;7=9( 7EH \7=I.(DE(+44,M(0(?>88O:;?;II>??( DE( 0;C;?-@ E2%&'/4) 8F&%&*) ) AD88( F>( :E <:=( EDC.-( :E89( ( 7$D=LDEC.7LB?( Z9LK.:E9 [788( :E( +EH( U>F=;7=9M 5.>(+44e(a=7LL9(0A7=H ADEE>=?( AD88( ?DEC( 7( L>HO 8>9(:<(I7K>887(AD-.(7(<:;= KD>I>(F7EH(7EH(-=7HD-D:EO 78(H7EIDECM Z.:F7E7( />97?DEC. #7EI>(&:LK7E9(7=>(I>8>O F=7-DEC( -.>D=( -A>E-D>-.

7EEDG>=?7=9( AD-.( 7( K>=O <:=L7EI>( -.7-( :<<>=?( 7E DE?DC.-(DE-:(?:L>(:<(-.>D= L:?-( >^ID-DEC@( I;8-;=7889 7LFDC;:;?( A:=P( <=:L -.>( 87?-( -A>E-9( 9>7=?M U>7-;=DEC( <D>=I>( ?:8:?@ DE-=DI7->( H;>-?( 7EH( 7-.O 8>-DI( -=D:?@( <+") :/4'"%.G 1-* ->88?(-.>(.;L7E(?-:=9 :<( -.>( K>:K8>( A.:( F=DEC .>=( I.:=>:C=7K.9( -:( 8D<>@ 7( ?-:=9( K:;EH>H( :;-( 8DP> -.>( =.9-.L( :<( L:E?::E =7DEM( 5.>( ?.:A( D?( :E( 7-.>( 0=-=D^( DE( $=:L?C=:G> :E(-.>(f-.(U>F;7=9M 0E( >^ID-DEC( E>A( K=:O H;I-D:E( :<( <C"02*+) H&;+* F9( Z:L>?;I.( 5.>7-=> &:LK7E9( :K>E?( -.D? 5.;=?H79(7-(-.>(68H(/:DEZ-:IP( 5.>7-=>M( 5.>( I7?:<(>8>G>E(K=>?>E-(7(L:HO >=E@(A.:=>ODE<>?->H(DE->=O K=>-7-D:E( :< Z.7P>?K>7=>B?( K879b( 7E DEE:G7-DG>( -AD?-( :E( -.> DE<7L:;?( ->^-M( 5.>( I:LO K7E9( 7=>( 78?:( K=>?>E-DEC I30F34" E>^-( A>>P@( CDGO DEC(<D=?-(9>7=("EC8D?.(?-;O H>E-?(7(I.7EI>(-:(?>>(-.> -A:( K879?( K>=<:=L>H F><:=>(-.>9(7=>(>^7LDE>H :E(-.>L(-.D?(?;LL>=M( #:EB-(LD??(:;-(:E(-.> I.7EI>( -:( ?>>( -.D?( >^I>8O 8>E-( G>=?D:E( :<( 7( I87??DI I:L>H9@(A.DI.(=;E?(;E-D8 Z7-;=H79( f-.( /7E;7=9M &788( 5.>( 68H( /:DE-( Z-:IP <:=( ?-;H>E-( -DIP>-?@( 4)+) +44(4gdeM

!"#$!%&'()*++(! ),-.(/0120!3(+44,

0$%*1)%

"#$%&&'($#)%$*($'+, !"##$%&'$()*$+&,-*.,*- <#0$%#=%:#/*&& 3$)'(#566+ 0Z( A>( PE:A@( 7EH( .7G> 78A79?(F>>E(-:8H@(-.>=>(D? 7( L:=78( HD8>LL7( DE( 8D<>R -.>(I.:DI>(F>-A>>E(H:DEC A.7-( D?( :G>=-89( =DC.-@( := F>DEC( 788;=>H( F9( A.7-( D? >GDH>E-89( A=:ECM( $;-@ A.7-(->LK-?(;?S( N.9( H:( A>( .7G>( >GD8 ;=C>?( -:( J7F( ?:L>:E>( DE -.>( >9>( AD-.( :;=( A>88O ?.7=K>E>H([$(:=(7(?DEC8>@ K=:-=;HDEC@(?-;FF9(DEH>^S \:?-( DLK:=-7E-89@( A.:( D? D-(DE(:;=(;EI:E?ID:;?(-.7=7-D:E78D?>?(-.>?>(.>DE:;? 7I-?(DE-:(?:L>-.DEC(E7-;O =78( 7EH( _.DC.89( =>I:LO L>EH>HBS( 0?( /7IP( `>G9 7EH( /7IP( a>:=C>( ?;CC>?-@ -.>(G:DI>(I:L>?(GD7(7(->8>O K.:E>( I:EE>I-D:E( <=:L -.>( .7;E-DEC( H>K-.?( :< -.>(;EH>=A:=8HM( N7-I.( 5.D?B( =>I>EK=:H;I-D:E@( 1/00) 23%) *+" 134#"54"# A>8I:L>?( ;? -:([>88(%EI@(-.>(I788(I>E-=> :<( -.>( H7LE>HM( `DE>?( 7=> L7EE>H( F9( -.>( ?>G>E H>7H89( ?DE?@( AD-.( `;I9 U>7=( VT=DH>W( 7?( ->7L 8>7H>=( 7EH( 5.>( #>GD8( 7? -.>( F:??M( $;-@( -.>=>( D?( 7 G7I7EI9(:E(-.>(->7L@(7EH -.>9( 7=>( 8::PDEC( -: =>I=;D-M("E->=(#7E->(`9:EM `D--8>( H:( -.>( ->7L( PE:A -.7-( -.>D=( 8::LDEC( I788O

-7=C>-@( -ADEE>H( AD-. 0=L7C>HH:E@( AD88( F> ;EH>=LDE>H( F9( -.D?( E>A =>I=;D-M(Z::E(-.>9(HD?I:GO >=( .D?( 7EC>8O?-7-;?( 7EH =DC.->:;?( K87E?( A.D8>( DE -.>(;EH>=A:=8HM 5.>(K879B?(?>--DEC(7EH I.7=7I->=?( 7=>( E:-.DEC E>AM( %E( <7I-@( -.D?( D? 7EID>E-( ?-;<<b( -.DEP [:L>=@( #7E->@( &.7;I>= 7EH($=>I.-M(1:-(<:=C>--DEC -.>( L:?-( .DC.89( <7G:;=>H :<<>=DEC?R( 6"#/770"#@ 8"9"4 7EH(:3;5/M(5.D?(D? K:K;87=( 7=-D?-DI( L7->=D78 -.7-( I:;8H( >EH( ;K( DE( -.> A=:EC( _7=-D?-DIB( .7EH?M U:=-;E7->89( <:=( ;?@( -.> -A:( /7IP?( ?->K( <:=A7=H AD-.( 7( I:E<DH>E-( K=:H;IO -D:E@( A.DI.( D?( .DEC>H ;K:E(7E(>^ID-DEC(7EH(K=:O <:;EH89(E>A(I:EI>K-M ND-.( ?;I.( 788>C:=DI78 I.7=7I->=?( DE( 7( ?;==>78 ?>--DEC@( -.>( K>=<:=L7EI> A7G>=>H(F>-A>>E(7(EDC.-O L7=D?.( I7=DI7-;=>( 7EH( 7 I.>>?9@( L:=78D?-DI -.=D88>=M(Z:L>(7I-:=?@(?;I. 7?( "HHD>( ND8?:E( V5.> #>GD8W@(`7;=7(&87=P(VT=DH>W@ 7EH( /7IP( a>:=C>( V#7E->W@ .7H( L:=>( L7->=D78( 7G7D8O 7F8>( -:( -7P>( -.>D=( I.7=7IO ->=?( F>9:EH( -.>( 8DLD-7O -D:E?( :<( -.>D=( K=>?I=DF>H =>K=>?>E-7-D:E?M( 5.>9 F>I7L>@( A:==9DEC89@ .;L7E( 7EH( ?;II>??<;889

@$616#864)1%(;#6F#G*89#H%A; I7==D>H( A.7-( I:;8H( .7G> F>I:L>( 8>??( :<( 7( I7K-;=O DEC( H=7L7( 7EH( L:=>( :<( 7 C=DL@(<7D=9(-78>M( 6-.>=(7I-:=?@(?;=K7??O DEC( -.>D=( =:8>?@( H>L:EO ?-=7->H(-.>(G7=D>-9(:<(K:?O ?DFD8D-D>?( :<( 7=I.>-9K78 I.7=7I->=?@(?->78DEC(?>G>=O 78( L:L>E-?( AD-.DE( -.D? K>=<:=L7EI>M( !7I.>8 Z78D?F;=9B?( ?;F-8>( "EG9@ \>8( N::HB?( <DEC>=O8DIPDEC a8;--:E9@( 7EH( &.7=8:--> `>G9B?( F=D><( 7KK>7=7EI> 7?( 5.>( Z>I=>-7=9@( A>=> K>=<:=L7EI>?( -.7-( ?;IO I>??<;889( 8><-( -.>( 7;HDO >EI>( F>CCDEC( <:=( >87F:=7O -D:EM( 5.>9( 8D-->=>H( -.D? K879( AD-.( I.7=LDEC L:L>E-?( -.7-( ?>>L>H( -: -:9(AD-.(-.>(<;88(K:->E-D78 :<(-.>(K879B?(I:EI>K-M 1/00) 23%) *+"

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

1>G>=(?79(1>G>=87EH Z.DEDEC(?-7=?(:G>= /*(*'$/",0$1$.234+"#$ "-5*,(2'*$<#0$%#>?@########## /%&%+#3)418$%) [0]%1a ?>>E( >G>=9-.DEC <=:L A"*"%) A/4) 34) M'" -: K:K;87=( :<<?.::-?( 8DP> ?33(@( -:( ?79( %( A7?( <7LD8O D7=( AD-.( -.>( ?-:=9( A:;8H F>( 7E( ;EH>=?-7->L>E-M 0EH(.>=>(8D>?(-.>(K=:F8>L AD-.( >EH8>??( E>A( G>=O ?D:E?b( -.>=>( D?( E:( >EH( -: -.>( I:LK7=D?:E?( 9:;( I7E H=7A@( 7EH( L:?-( :<( -.> -DL>( D-B?( K=:F7F89( F>>E H:E>(F>-->=(F><:=>M T7=-( :<( -.>( .::P V>^I;?>( -.>( K;EW( :< &.=D?-L7?( ?.:A?( D?( -.7-.>9( I7E( F>( FDC( L:E>9 ?KDEE>=?@( H=7ADEC( DE >7C>=( .:=H>?( :<( >^ID-7F8> <7LD8D>?M( ND-.( A/4N -.> !"T( >?-7F8D?.>H( ?:L>O -.DEC( 7( FD-( I87??D>=( -.7E -.>(7G>=7C>(K7E-:M 5.>( P>9( -:( -.>( ?-:=9 D?(T7E(.DL?>8<b(-.:;C.(.> D?(7(F:9@(-.>=>(D?(7E(>HC> -:( -.>( I.7=7I->=( A.DI. CDG>?( .DL( -.>( >??>EI>( :< H7=DEC( 7EH( H7EC>=( -.7L7P>?( .DL( ?:( 7KK>78DECM T>->=( &7;8<D>8H( ( 7?( T7E J;?-( A7?EB-( DLKD?. >E:;C.M( 6E( 7( K:?D-DG>

E:->@( -.:;C.@( A.>E( A> ?>>(.D?(F:9D?.(F:7?-DEC(:< _-.>( I8>G>=E>??( :<( L>B@( % HDH( F>8D>G>( .DLM( \79F> D-B?(J;?-(L>@(F;-(%(8DP>(L9 L7EOF:9?( -:( .7G>( 7( 8D--8> DEHDGDH;78( 7KK>78@( 7EH 9>?@( A>( 7=>( ?-D88( -78PDEC K879?M #>?KD->( ?:L>( I9EDI78 ;=C>?( DE( L>@( %( L;?-( ?79 L79( -.>( =>.7?.DEC( I:EO -DE;>(D<(D-(P>>K?(-.>(?-:=9 7EH( a=>7-( 6=L:EH( Z-=>>[:?KD-78( 78DG>( -.7EP?( -: -.>(=:978-D>?(-.>9(=>ID>G>M 0EH( -.D?( G>=?D:E( :<( A/4 I>=-7DE89( C7G>( L>( 7( G>=9 >E->=-7DEDEC( .:;=( 7EH( 7 .78<@(AD-.(788(-.>(I7?-(CDGO DEC(8DG>89(A>88OG:DI>H(K>=O <:=L7EI>?M 08-:C>-.>=@( C:DEC( -: ?>>(A/4 L7H>(L>(I:E?DHO >=(L9?>8<(L:=>(-.7E(%(HDH -.>( K879b( .7G>( %( 8:?-( L9 I.D8H8DP>( ?DH>S( 0L( % H::L>H(-:(F>I:L>@(H7=>(% ?79( D-@( 7( C=:AEO;K( E:AS 5.>(7E?A>=(%(.:K>(D?(_E:B@ F;-(-.D?(K>=<:=L7EI>(A7? :E>(<:=(-.>(=>78(PDH?@(E:-.:?>( AD-.( .:K>8>??89 I.D8HD?.(.>7=-?M

?K7=P8DEC(C787^9 /6&(1C(#@&*+%1#-4'1%#< -;DE$6+;#/*&& -*)*$#7&*89*:; &`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

>EH(:<(?K=DEC(I:EI>=-?M 0HH(-.>(<8D--DEC(KD>I>@ ,"%'-%K -.>( ADEC>H( L>?O ?>EC>=@( 7EH( I"4-.@( 7 K>7I><;8( K87E>-( AD-.( 7 ?A>>-( -;E>( 7EH( 7( ?-=:EC .7=K( L>8:H9M( 8/*-%4@ K87E>-( :<( :8H( 7C>@( .7?( 7 ?:LF=>(-;E>(AD-.(-.>(<=>O Q;>E-( F7IPH=:K( :<( DEI>?O ?7E-( -DIPDEC@( 8DP>( 7( I8:IP ?8:A89( =;EEDEC( :;-( :< -DL>M( L%/4-. D?( -.>( L7CDO ID7EM( 7( -;LF8DEC( KD>I>( :< ?;K=D?>( 7EH( I:E?-7EI.7EC>@( A>88( F><D--DEC( D-? L7CDI78(?-7-;?M(UDE7889(A> .7G>( H"F*-4" -.>( L9?-DI@ 7(?8:A(>>=D>(KD>I>(AD-.(-.> >7?9( ?DLK8>( ?:;EH? 7II:LK7ED>H( F9( 7( I.:=;? :<( ?DLK8>( <>A( E:->?( -: CDG>( -.>( KD>I>( -.>( ?;K>=O E7-;=78( <>>8DEC( -.7-( 7 K87E>-( A.DI.( 7-( -.>( -DL> A7?(?>>E(7?(-.>(>EH(:<(-.> PE:AE( ;EDG>=?>M( 5.> KD>I>( AD88( 78A79?( F>( L9 <7G:;=D->( 7EH( %( A:;8H ;=C>( 7E9:E>( -:( ?>>( D-( D< -.>9(>G>=(C>-(-.>(I.7EI>M(


Bristol Road, Selly Oak

A Full English Breakfast that won’t empty your pocket Student essentials at essentially low prices You’ll find everything you need to live the student life in style, without stinging your bank balance.

Student Specials

28cm Frying Pan with Lid

£9.99

99p

Bacon

Alcafe Rich Roast Coffee

Baked Beans

£1.29

21p

Cumberland Sausages

85p

Eggs

83p

12 PACK

Bristol Road, Selly Oak Opening times Mon-Fri Saturday Sunday

9am-8pm 8.30am-8pm 10am-4pm

Spend a little Live a lot Aldi accepts cash, Maestro, Delta, Solo and Electron debit cards. All offers subject to availability. Prices correct at time of going to print. Excludes R.O.I. For details of your nearest store visit our website at www.aldi.co.uk or call our Aldi Store Location Line on 0844 406 8800. Products purchased at Aldi are covered by a 30 day guarantee. Goods returned must be accompanied by the appropriate till receipt. Alcafe Rich Roast Coffee 200g, 64.5p per 100g. Cumberland Sausages 8 pack, 10.6p each. Bacon 200g, 49.5 per 100g. Baked Beans 420g, 5p per kg. Eggs 12 pack, 7p each.


! 0*&()1 234&3*%

!"#$!%&'()*++(! ),-.(/0120!3(+44,

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

M#:,-)6:)&/%)(&*%%&()6? 5,*$,:E/#$

!"#$%%$ @)./%)A4>)B6,:&)C&6-7)&/%#&*%

-#./0$%)1#2'"340'% @)./%)=LM

./%#&*%

I%4%:)2*3&-/%* U03( E9;O( <5( -.@( C=?-FA ?665>-6>E@>C<?-95-(8@86> 7<@?( 6H( :9?-( -@78A( 07-<;:@ )Q( D@7H678@C( 9( D76C=;> -<65( 6H( -.@( D:9F( D+"&''&M 25:<O@( 8=;.( 6H( 8F( :9?-@78I?( K@5@79:( 9??67-> 8@5-( 6H( =57@897O9E:@ B67O( E=8D.A( %( .9G@5IE@@5( 9E:@( -6( H67K@-( -.<? 7@897O9E:@( D76C=;-<65M 1@<-.@7A(%(<89K<5@A(C<C(-.@ 7@?-(6H(<-?(H67-=59-@(9=C<> @5;@M %( 98( 56-( <5;:<5@C( -6 E@:<@G@( <5( -.@( D6??<E<:<-F 6H(?@@<5K(9(aD@7H@;-I(D:9FM D+"&''& C<C(56-(C<?D76G@ -.<?M(V.@7@(B@7@(;@7-9<5:F @:@8@5-?( B.<;.( B@7@ H:9B@CM( U.9-( %( ;95( ?9F( <? -.9-(<-(B9?(65@(6H(-.@(E@??-=C@5-( D:9F?( -.9-( %( ?9B :9?-(F@97M #9G<C( Y98@-I?( D:9F ;65?<?-?( 6H( 9( ?@7<@?( 6H ?;@5@?( ?@-( <5( 95( 6HH<;@( 6H 95(08@7<;95(=5<G@7?<-FM(%H6::6B?( -.@( 7@:9-<65?.<D 6H( 9;9C@8<;9::F( ?-7=K> K:<5K( ?-=C@5-( &976: e0:@L95C79( _@::5@7f( 95C .@7( ;F5<;9:( 95C( ?@:H> 9E?67E@C( -=-67A( /6.5 e#9G<C( Y67<Z=95CfA( 9?( <867D.?( <5-6( ?68@-.<5K

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a-6=K.I 95C( a=5H:<5;.<5KIP( .<K. D79<?@A( <5C@@CM( Y98@C6@?( 56-( ?.F( 9B9F( H768 -.@( ;68D:@L<-<@?( 95C C97O5@??( 6H( -.@( ?<-=9-<65 .@(;7@9-@?(95C(5@<-.@7(C<C -.<?(D76C=;-<65M

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

5667( 45"/6%7/6&8#"1/6-*'"$ EF( Y9--.@B(!@<::F

%V( -66O( ^=;9?( 95C WD<@:E@7K( 9:86?-( -B@5-F F@97?( -6( ;68@( =D( B<-.( 9 Y9;_=HH<5( H67( 0'1%&'& 2*'"$/ 03M( X67( Y9--.@B !@<::FA( <-( 65:F( -66O( -B6M 05C( ?6( B@( .9G@( 45"/ 6%7 6&8#"1/6-*'"$A(-.@(?@Z=@: -6( 45"/ 6")"'/ 9"&1+: ;*'1"#$A( B.<;.( ?@@?( -.@ 7@-=75( 6H( 9CG@5-=7@7A( @L> ?6:C<@7A( 95C( 9::>76=5C .=5OF(.@76A(/9;O(U@?-(/7M

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

9E6=-( -.@( ?=ES@;-( 89--@7A -.@(D76C=;-<65(B9?(@HH@;> -<G@( <5( ;9-9:6K=<5K( 95C <5-@7D7@-<5K( -.@( @G@5-? E@-B@@5( )Q4R( 95C( )Q4QM #=7<5K( -.<?( -<8@A( T@7?<9I? %?:98<;( 86597;.F( B9? 6G@7-.76B5A( 95C( -.@7@ B9?( 8=;.( -=786<:( 95C ;65H:<;-( ?=776=5C<5K( -.@ H6789-<65( 6H( 9( U@?-@75> ?-F:@( D97:<98@5-97F C@86;79;FM V.@( 9;-=9:( D.F?<;9: :95K=9K@(6H(-.@(D:9F(B9?A <5( 8F( 6D<5<65A( 65@( 6H( <-? K7@9-@?-( 9??@-?M( 0?( -.@ 9;-67?( H:=5K( -.@8?@:G@? C7989-<;9::F( 976=5C( -.@ ?@-A(-.@F(D67-79F@C(9(7<;. G97<@-F( 6H( @86-<65?( 95C ?<-=9-<65?A(H768(-.@(C@;9> C@5;F(95C(?F;6D.95;F(6H -.@(W.9.I?(!6F9:(&6=7-(-6 -.@( -=786<:( 95C( C@?-7=;> -<65(6H(-.@(6G@7-.76B(95C ;<G<:( B97M( V.<?( B9?( D=5;>

D%&&,:E),:<64<%>

0E?6:=-@(E6=:C@7>C9?.

;<#:)=#>?6*>

M/6&6)-63*&%(N)6?)./%)=LM

-=9-@C( -.76=K.6=-( EF( -.@ H<@7F( @L.67-9-<65?( 6H( -.@ %?:98<?-?( 95C( ;65?-<-=> -<659:<?-?M %( H@:-( -.9-( -.@( -.@8@? @LD:67@C(<5(-.<?(.<?-67<;9: D:9F(.9C(9(G@7F(C@:<E@79-@ 86C@75( 7@:@G95;@M( X67 <5?-95;@A(-.@(H67@<K5(D6B> @7?( 6H( $7<-9<5( 95C( !=??<9 95C( -.@<7( <5-@7H@7@5;@( <5 %795( D@7.9D?( C79B( D979:> :@:?( B<-.( 08@7<;95( -7@9-> 8@5-( 6H( 86C@75( Y<CC:@ "9?-@75(K6G@758@5-?M(V.@ ;65H:<;-( E@-B@@5( -.@( ;65> ?-<-=-<659:<?-?( 95C %?:98<?-?( B9?( 9:?6( <5-@7> @?-<5K:F( D7@?@5-@CA( B<-. -.@( ;.979;-@7( 6H( W.@<O. X9J:6::9.( 16=7<( 79<?<5K -.@( ;65-76G@7?<9:( Z=@?> -<65(6H(B.@-.@7(67(56-(-.@ -79C<-<65?( 6H( %?:98( ;95 B67O( <5( .97865F( B<-.> C@86;79;F(9-(9::M U.<:@( C@H<5<-@:F 95K:@C( 9-( 95( 9=C<@5;@ B<-.( ?-765K( 95C( ?6D.<?-<> ;9-@C( D6:<-<;9:( -9?-@?A !"#$%&'/ (")*+,-%*' <?( 9 B67-.B.<:@( D76C=;-<65A 67( 9?( -.@( Y@-76( D=-?( <-A [95( @5S6F9E:@( 768D -.76=K.( 7@G6:=-<6597F T@7?<9M\( 0::( <5( 9::A( 9( 7@G6> :=-<6597F(D<@;@(6H(-.@9-7@]

T.B697M /6<5<5K( /9;O( 65( 9 S6=75@F(-6(?9G@(-.@(B67:C 97@( 9( -FD<;9::F( 86-:@F ;7@B(6H(9K@<5K(97;.9@6:6> K<?-?A(W;6--<?.(-B<5?A(?<5> <?-@7( H9-.@7?A( 95C( ;955<> E9:( -7<E@?( `( 56-.<5K( -66 67<K<59:( -.@5M( %5C@@CA E6776B<5K( H768( <*#1/ *= -5"/(%'>$A(6-&#/;&#$A(95C 0'1%&'&/ 2*'"$A( -.@( 89<5 ?=7D7<?@( <?( -.9-( -.@( @5@> 8<@?(97@5I-(19J<?M(%5(H9;-A -.@FI7@(&.<5@?@M &.9?<5K(-.@8(976=5C -.@( K:6E@A( -.@( .=5-( <?( 65 H67( -.@( -<-=:97( 89K<; 76;O?A( B.<;.( ;68E<5@( -6 D7@G@5-( -.@( "97-.I? C@?-7=;-<65( H768( -.@ D:95@->C@G6=7<5K( #97O W=5M(V.<?(:<H@>?=;O<5K(67E 67A( <H( F6=( B<::A( a#@9-. W-97IA( .6G@7?( 65( -.@( 6=-> ?<C@(6H(6=7(?6:97(?F?-@8A .9?-@5<5K( -6B97C?( -.@ D6<5-( 6H( 6=7( @L-<5;-<65 B<-.( @G@7F( D9??<5K 8<5=-@M 0-( -<8@?A( -.<?( E66O E67C@7?(65(7<C<;=:6=?M(06-.@7( -<8@?A( <-( :@9D?( <5-6 -.@( G6<C( 6H( 9E?=7C<-F B<-.( 9DD97@5-( K:@@A( C@H-> :F( B@9G<5K( -6K@-.@7( H95>

-9?FA( <89K<59-<65( 95C ?;95-( .<?-67<;9:( H9;-( <5-6 9( -9D@?-7F( 6H( -7<-@( 565> ?@5?@M( X9;-67( <5( 9( 59779> -67(B.6A(56-(;65-@5-(B<-. 8@7@:F(E@<5K(685<?;<@5-A G@5-=7@?( <5-6( <-9:<;?( -6 C@?;7<E@(@G@5-?A(95C(-.<? 768D( E@;68@?( ?6( ?@:H> ;65?;<6=?:F(C9H-A(<-(8<K.S=?-(E@(9(;9:;=:9-@C(B67O 6H( K@5<=?M( U.@7@( @:?@ B6=:C( F6=( H<5C( 9( ?@5> -@5;@(-.9-(7@9C?(a<-(?O@B> @7@C( .<8( -5#*,>5/ -5" =,8?%'>/85"$-@A 0?( B<-.( 9::( ?@Z=@:?A -.@( -@8D-9-<65( -6( -=75( <<5-6(9(-7<:6KF(<?(@G<C@5-:F -66( ?-765KA( :@9C<5K( -6( 9 ?D@;-9;=:97( ;:<HH>C76DD@7 6H(95(@5C<5KM(%-(<?(9(-@?-9> 8@5-( -6( !@<::FI?( B7<-<5K -.9-A( @G@5( B.@5( F6= 7@9:<?@( .9:H>B9F( -.76=K. -.9-( -.@7@( <?( 56( ;65;:=> ?<65A( F6=( ;65-<5=@( 7@9C> <5K( 7@K97C:@??M N<:97<6=?:F( @5-@7-9<5<5KA -.<?( B<--<:F( B7<--@5( -79?. <?( 9( E:@??<5K( -6( ;=7@( -.@ ;=7?@( 6H( #95( $76B5M( 45" 6%7/ 6&8#"1/ 6-*'"$ <?( D=7@ D=:D( H<;-<65M( V.9-I?( 9 K66C(-.<5KM

A+%:)03>,&,6: Y#&&( V.@9-7@( &68D95F 97@( .6:C<5K( 95( 9=C<-<65 H67(U<::<98(W.9O@?D@97@I? B"'#:/ 3 g=-C667 T@7H67895;@(V6=7(+44,M gD@5( 9=C<-<65?( B<:: E@( .@:C( 9-( -.@( "5K:<?. W-=C<6A( Y0&A( &95565( N<:: T97O( 65( W=5C9F( *7C X@E7=97F( 95C( W=5C9F )4-.( X@E7=97FM( V.@7@( B<:: E@( -B6( ?@??<65?( H67( @9;. C9-@A(9-(+D8(95C(hD8M(0:: D@7H67895;@?( -9O@( D:9;@ C=7<5K( /=5@( 95C( /=:F( 95C <5;:=C@( -.@( ^<;.H<@:C( 07-? X@?-<G9:A( $<78<5K.98 $6-95<;9:( _97C@5?( 95C T@8E76O@(&9?-:@(<5(U9:@?M U@( B@:;68@( 5@B 8@8E@7?( -6( D@7H678<5K

95C( H67( E9;O?-9K@iD76> C=;-<65M( 16( D7@G<6=? @LD@7<@5;@( <?( 7@Z=<7@CA S=?-(:6-?(6H(@5-.=?<9?8M X67( H=7-.@7( <5H6789> -<65(95C(95(9=C<-<65(D9;OA D:@9?@( ?@5C( F6=7( 598@ 95C( ;65-9;-( 5=8E@7( -6b .@57FG+44,c8C;;-.@> 9-7@M;68(67(;9::(4)+)(*d, hdR,M( 5JKK V.@( 25<G@7?<-F( 6H $<78<5K.98(<?(.6:C<5K(<-? H<7?-( @G@7( X7<5K@( X@?-<G9: 65(;98D=?M(gG@7(-.@()+-. 95C( )*-.( 6H( Y97;.A( -.@ ;98D=?( B<::( E@( -795?> H678@C( <5-6( 9( 8<5<( 97-? 95C(D@7H67895;@(H@?-<G9:M j@5=@?( B<::( E@( <5( 95C 976=5C( -.@( _=<:C( ?=;.( 9?

-.@( 25C@7K76=5CA( 897> Z=@@?( 95C( D@7.9D?( 9( H@B 867@(Z=<7OF(D@7H67895;@ ?D9;@?] U@( B95-( F6=( -6( D76> G<C@( -.@( 89-@7<9:M( U@( 97@ :66O<5K( H67( 9( B<C@( 795K@ 6H(D@7H67895;@?A(B.@-.@7 <-( E@( ?-95C( =DA( D6@-7F 7@9C<5K?A(?5<DD@-?(H768(9 D:9FA( C95;@A( ;<7;=?( 67 ;9D6@7<9M( 05F-.<5K( K6@?] 0?(B@::(9?(9::(-.9-A(B@(B<:: E@( .9G<5K( ?68@( D76H@?> ?<659:( ?-95C>=D( ?O@-;. ;68@CF( H768( -.@( 9;-=9: "C<5E=7K.(X7<5K@(X@?-<G9:]( %H(F6=I7@(<5-@7@?-@C(<5 K@--<5K( <5G6:G@CA( D:@9?@ S6<5( 6=7( X9;@E66O( K76=D $2XX( H67( 867@( <5H6A( 67 @89<:( =?( 9E=HHcK=<:CME.98M9;M=O

F,:)&,-7%&()?6*)&#""'()*'""+, U"( 97@( :=;OF( @56=K.( -6 .9G@(9(D9<7(6H(-<;O@-?(-6 K<G@( 9B9F( H67( -.@( 6D@5> <5K( 5<K.-( 6H( -.@( =D( 95C ;68<5K( N<DD6C768@ D76C=;-<65( 6H( B"++*. 9*++:C 65( -.@( )+-. X@E=97FM( B"++*./ 9*++:C <?( 9 8=?<;9:( H6::6B<5K( -.@ 95-<;?(6H(#6::F(^@G<A(-.@ B@::>:6G@C( 1@B( 367O 89-;.89O@7M( V.@( D76> C=;-<65( ?-97?( #977@5 #9F( 95C( 05<-9( #6E?65 <5(-.@(:@9C(76:@?M U@( -.6=K.-( -.9-

95?B@7A(F6=(K<G@(=?(-.@ Z=@?-<65M( V.@( 86?<5-@7@?-<5K( Z=@?-<65 B<5?] V.@( 95?B@7( -6( F6=7 Z=@?-<65(<?b 0G)0:,&#)H68(6:

B@IC(89O@(-.@(;68D@-<> -<65(9(E<-(867@(<5-@7@?-> <5K( -.<?( B@@OA( ?6( B@I7@ K6<5K( -6( K<G@( F6=( -.@

W@5C( 9::( @5-7<@?( 9:65K B<-.( ;65-9;-( C@-9<:?( -6 9;;68D?c.6-89<:M;6M=O V.@( ;68D@-<-<65( ;:6?@? 65(-.@(+d-.(/95=97FM


"#$%&'#(

!"#$!%&'()*++(! ),-.(/0120!3(+44,

!

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

T969-A( -;( -.;85( -.7-( P98. -;( O7BC9H76985( 7( 85F-9;H ;<( ;:B( F;OO:H9-AM( N.5 UV<;B@(@5T7-5(O9C.-(.7L5 C9L5H(-.5($B9-98.(<7B(B9C.:H@585BL5@( 65C9-9O7FA 7H@( P78( F5B-79H6A( 7( H9F5 T9-(;<(IB;I7C7H@7(O7-5B9J 76( \UV<;B@( 698-5H5@( -;( :8] P.A( @;HE-( A;:Y^M( %<( -.98 I;889T6A( H5P6AJC79H5@ 7FF5I-7HF5( C5-8( Z:8-( ;H5 O;B5( $1D( F;:HF966;B 565F-5@=(-.5(UV<;B@(2H9;H 8.;:6@( <7F5( -.5( B5769-A -.7-(9-8(@5T7-9HC(F.7OT5B

98( 7( I;69-9F76( -;;6( X( 7( -;;6 -.7-( F;:6@( :6-9O7-56A( T5 :85@( -;( 5H@7HC5B( <B55J @;O( ;<( 8I55F.( 9H( -.98 F;:H-BAM( N;( B59-5B7-5=( %( CB57-6A L76:5( -.5( B9C.-( ;<( <B55 8I55F.M(%-(98(:HB578;H7T65 -;( @5HA( -.5( 69?58( ;<( 19F? GB9<<9H( 7H@( #7L9@( %BL9HC -.5( B9C.-( -;( 5VIB588( -.59B :HI65787H-( L95P8( ;:-J B9C.-M(358=(-.5A(8.;:6@(T5 766;P5@( -;( 8I57?( \9H( 69H5 P9-.( -.5( 67P^( 7H@( %( .;I5 -.7-(-.5A(P966(T5(F;H<B;H-J

RB55@;O(-;(-B7L56

>98-5H(:I

0HH7( >;;865A @98F:8858( -.5 9OI7F-(;<(<B55(8I55F.(;H(-;:B98O

0HH7(!;T9H B5I;B-8(;H(;:B(B9C.-(-; IB;-58-(;H(2H9L5B89-A(CB;:H@8

_W01N( H;HJ8-;I( I7B-958 9H( +`J.;:B( F9-958Y( R556 69?5(8:HH9HC(A;:B(8?9H(;H 7( @585B-5@=( P.9-5J87H@ T57F.Y( D9F-:B5( A;:B856< .7L9HC( -57( P9-.( 7( B5O;-5 .966(-B9T5Ya W5( .7L5( -.5( 6:V:BA= <:H@8( I5BO9--9HC=( -; 9H@:6C5( ;:B856L58( P9-. 8:F.( F.;9F58( -.7-( >;H56A D67H5-( @58FB9T58( 9H( 9-8 C:9@5( -;( 0897M( U:B( <B55J @;O( -;( -7?5( 7( G7I( 357B 6958( I7B-6A( 9H( -.5( <7F-( P5 69L5(9H(7(@5O;FB7-9F(F;:HJ -BAM( N.7967H@( ;<<5B8( L989J -;B8(-.585(F.;9F58(7H@(98= -.5B5<;B5=( -;I( ;H( O;8-B7L5665B8E( 9-9H5B7B958M K;P5L5B=( 7<-5B( -.5( F;:I @Eb-7-(9H(S5I-5OT5B(+44c= T789F( <B55@;O( ;<( 5VIB58J 89;H( <;B( N.79( I5;I65( .78 T55H( B58-B9F-5@M( 0OH58-A %H-5BH7-9;H76( B5I;B-5@ -.7-( -.5( O969-7BA( Z:H-7 F6;85@( *44( F;OO:H9-A B7@9;( 8-7-9;H8( 7H@ T6;F?5@( 7FF588( -;( 8;O5 9H-5BH5-( 89-58M( N.5A( 768; IB;.9T9-5@( I;69-9F76( I7BJ -958( <B;O( O55-9HC=( 7H@ 8-;II5@( I;69-9F76( C7-.5BJ

9HC8( ;<( O;B5( -.7H( <9L5 I5;I65M( S9HF5( -.5H= B58-B9F-9;H8( .7L5( 5785@ T:-( F5H8;B8.9I( ;<( -.5 O5@97( B5O79H8( P9@5J 8IB57@M( S:IIB5889;H( ;<( -.5 O5@97( 9H( d95-H7O=( 7H;-.J 5B( I;I:67B( @58-9H7-9;H= .78(B58:6-5@(9H(-.5(7BB58;<( 7-( 6578-( -5H( I5;I65( <;B FB9-9F989HC( -.5( C;L5BHJ O5H-( -.B;:C.( -.5( 9H-5BJ H5-M(N.5(<B55@;O(-;(e:58J -9;H( C;L5BHO5H-8( 98( 7H 5885H-976( 78I5F-( ;<( <B55 8I55F.]( -.5( 5B;89;H( ;< -.98( B9C.-( F7H( T5( 855H ;H6A(78(7(@;PHP7B@(8I9B76 <;B( d95-H7OM( 35-( L989-;B H:OT5B8( 8-966( B5O79H .9C.M( N.5( P7A( 9H( P.9F. <B55@;O( ;<( 8I55F.( F7H 7<<5F-( -;:B98O( P9-.9H( 7 F;:H-BA( 98( @9B5F-6A ;T85BL7T65( 9H( $:BO7M 0:HC( S7H( S::( 'A9( \-.5 @5O;FB7-9F766A( 565F-5@ IB9O5( O9H98-5B=( P.;( <;B )f(A57B8(.78(T55H(@5H95@ .5B(;<<9F5(TA(-.5(O969-7BA C;L5BHO5H-^( .78( 8I5F9<9J F766A(78?5@(-;:B98-8(H;-(-; L989-( -.5( F;:H-BA( :H-96

@5O;FB7FA( .78( T55H( B5J 58-7T698.5@M( &;OT9H5@ P9-.( -.5( 67BC5( O5@97 7--5H-9;H( I67F5@( ;H $:BO7=( L989-;B( H:OT5B8 7B5( 89CH9<9F7H-6A( 6;P5B -.7H( ;-.5B( 0897H( F;:HJ -B958M( 06-.;:C.( -.98( 98( 7H 5V-B5O5( F785=( -.5( 89CH9<9J F7HF5( ;<( <B55@;O( ;< 8I55F.( B5O79H8( 9OI;BJ -7H-M UH5( O:8-=( -.5B5<;B5= e:58-9;H( -.5( 9OI;B-7HF5 ;<( <B55@;O( ;<( 8I55F.( -; A;:=(7H@(788588(-.5(89-:7J -9;H( 9H( -.5( F;:H-B958( A;: L989-M( N.98( ?H;P65@C5 8.;:6@( H;-( H5F5887B96A @5-5B( A;:( <B;O( L989-9HC] B7-.5B( 9-( 8.;:6@( 5HF;:BJ 7C5( A;:( -;( 8:II;B-( IB;J CB7OO58( J( T;-.( CB788J B;;-8( @5O;FB7FA( O;L5J O5H-8( 7H@( 9H-5BH7-9;H76 .:O7H( B9C.-8( ;BC7H987J -9;H8( J( -.7-( @;( 9HFB5785 65L568( ;<( ( <B55@;O( ;< 8I55F.(9H(P.7-5L5B(@58-9J H7-9;H( A;:( F.;;85( -; L989-M

%NES( 7( <B55g9HC( N:58@7A 7<-5BH;;H( 7H@=( 7C79H8OA( T5--5B( Z:@C5O5H-=( % <9H@(OA856<(8-7H@9HC(;:-J 89@5(-.5(>9TB7BA(P9-.(<9L5 I5;I65( IB;-58-9HC( \L5BA e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

8-76?8( ;<<( 7H@=( 8:B5 5H;:C.=( 7( 8.;B-( O;O5H67-5B=( 2H9L5B89-A( S5F:B9-A 7BB9L58M

%H( F785( P5( .7L5( <;BJ C;--5H=(-.5A(?9H@6A(B5I57-.7-(P5(7B5(H;-(766;P5@(-; -95(-.9HC8(-;(-.5(-B558M(%EO B7-.5B( 8:BIB985@( -.72H9L5B89-A( 85F:B9-A( 7B5 8:F.( -B55( .:CC5B8=( T:-= T59HC( 8:II;B-5B8( ;<( -.5 CB55H(O;L5O5H-=(P5(-7?5 -.5O( ;<<M( "L5H( .;6@9HC -.5( T7HH5B( ;:B856L58 @;58HE-( 855O( -;( O7?5 O7--5B8(T5--5B(7H@(P5(7B5 -;6@( -;( O;L5( ;<< 2H9L5B89-A( IB;I5B-AM W.5H(P5(@7P@65(869C.-6A=

5@( 7H@( @98FB5@9-5@( TA I7B-8( ;<( -.59B( 7:@95HF5 5L5BA( -9O5( -.5A( @;( 8;M +44,( 8.;:6@( T5( -.5( A57B 9H( P.9F.( P5( 766( FB:8. B7F98O( 7H@( <78F98O( 9H @5T7-5=( T:-( H;-( -.5( A57B 9H( P.9F.( P5( IB;L9@5( 9-8 IB;I;H5H-8( P9-.( <7H<7B58 7H@( CB7H@( ;II;B-:H9-958 -;( C79H( 8:II;B-( 7H@ 5H@7HC5B( $B9-79HE8( O:6-9J F:6-:B76(8;F95-AM(

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e:9B5@( -; IB;-58-( ;:-89@5( #;PH9HC S-B55-M( %-( P;:6@( T5( 6;L56A 9<( -.5( B:658( P5B5( O;B5 65H95H-=(I;889T6A(766;P9HC 8;O5(8I;H-7H5;:8(F.7H-J 9HC( ;H( N.:B8@7A( O;BHJ 9HC8M( 066( 9H( 766=( %( 7O( H;8:B5( P5( .7L5( <B55@;O( ;< 8I55F.( 7-( $9BO9HC.7O] P5(@;=(;H(-.5(;-.5B(.7H@= .7L5( L5BA( P566J?5I8.B:TT5BAM



3)4'0.)5

!"#$!%&'()*++(! ),-.(/0120!3(+44,

\7<;6(YA<7?A7 A4224(& B0.-)' +2& :):+.1)5 42,& 42*1)2' *(1771)5

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

!!

;++<12=&>4*<???& ")@4'12= !8=7;-(38@?E

6718).& 9:1'(& +2& '()& :+7)*07)& '(4'& & *42& *+2-1.: -4'().5&42,&*.1:12475

\"N&_W"( =CAQ( -8( -.7 \7<;6( YA<7?A7( >7A-<8?M \7( .CG7( .C6( 8@; &.;<>-DC>( =;7CQ( C?6 D<?A7( L<7>5( C?6( ?8J( <-e> -<D7(-8(E7-(=CAQ(-8(F<?6O <?E(8@-(-.7(BC-7>-(>A<7?A7 ?7J>f( %?( -.<>( J77QT>( >A<O 7?A7(?7J>(J7(.CG7(7;C>O <?E( D7D8;<7>( C?6 C?A<7?-(A.<BB<7>M YA<7?-<>->(C;7(E7--<?E AB8>7;( -8( =7<?EC=B7( -8 7;C>7(>L7A<F<A(D7D8;<7>M YA<7?-<>->( <?( 17J( 38;Q LBC?-76( -J8( -;C@DC-<A D7D8;<7>(<?-8(-.7(=;C<?> 8F( ;C->5( A8DL8>768F( C ><;7?( C?6( C( =77L( LC<;76 J<-.( C?( 7B7A-;<A( >.8AQM NC-7;5( P@>-( -.7( =77L( JC> LBC:76( J<-.8@-( -.7 >.8AQ5( C?6( C?( 7?b:D7 <?.<=<-8;( Z24)+d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d5444 :7C;>( CE8M( %?-;86@A<?E A.<BB<( -8( -.7<;( 6<7-( DC: .CG7( DC67( -.7<;( =C><A 6<7-( D8;7( <?-7;7>-<?E5 C?6( >.8J>( -.C-( 7C;B: <?.C=<-C?->( DC:( .CG7O .C6(CE;<A@B-@;CB(>:>-7D> <?( LBCA7( -8( E;8J( A8?6<O D7?->( C?6( ?8-( P@>-( -.7 ?7A7>>C;:( >-CLB7>M ^8>><B<>76( >-C;A.( E;C<?> >.8J76( 6<FF7;7?A7> =7-J77?( J<B6( C?6 68D7>-<AC-76( GC;<7-<7> 8F(L7LL7;>M(Y8(?79-(-<D7 :8@(.CG7(C(=8JB(8F(A.<BB<5 CLL;7A<C-7(8@;(C?A7>-8;> A@B<?C;:( 79L7;<D7?-CO -<8?f(

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

>-;C?6T>( =C>7>M( U:6;8E7? =8?6>( =7-J77?( 8LL8><?E =C>7>(F8;D>(C(=;<6E7(-.CB8AQ>( -.7( >-;@A-@;7( <?-8 >.CL7M H.7( =C>7>( C67?<?7 C?6( -.<CD<?7( AC?( =8?6 J<-.( 8?7( C?8-.7;( C>( 7CA. D8B7A@B7T>( -J8( =8?6<?E C-8D>( C;7( >LCA76( 7V@CBB: CLC;-M( &:-8><?7( C?6( E@CO ?<?7( 8?( -.7( 8-.7;( .C?6 .CG7( -.7( ACLCA<-:( F8; -.;77( .:6;8E7?( =8?6> =7-J77?( -.7D( C?6( J<BB -.7;7F8;7( 8?B:( FCG8@; =8?6<?E( J<-.( 7CA.( 8-.7;M H.<>(D7C?>(-.C-(-.7(=C>7> J<BB( 8?B:( LC<;( J<-.( -.7<; >L7A<F<A( LC;-?7M( H.<>( <>

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

N()&:+7)*07)&'(4'&*+,)5&-+.&D(+&D)&4.) <DL8;-C?-( C>( <-( >-8L> D@-C-<8?>( =7<?E( <?-;8O 6@A76( <?-8( -.7( L;8-7<?> A8676(F8;(=:(-.7(#10M H.7( #10( <?><67( 7CA. 8F(8@;(A7BB>(<>(A8<B76(-<E.-O B:( -8( CBB8J( <-( -8( F<-M( H.7 A8<B<?E( 8AA@;>( C;8@?6 GC;<8@>( L;8-7<?>( 7G7?-@O CBB:( A;7C-<?E( A.;8D8O >8D7>M( W8>-( L78LB7( .CG7 -J7?-:O-.;77( A.;8D8O >8D7>( .8@>76( <?><67( -.7 ?@AB7@>(8F(7CA.(A7BBM(W8>L78LB7(J<BB(C>>8A<C-7(#10 J<-.( -.7( E7?7-<A( A867M U8J7G7;5( -.7( E7?7>( A8?O -C<?76( J<-.<?( -.7( #105 A867(F8;(L;8-7<?>M( X;8-7<?>(C;7(-.7(=@<B6O <?E(=B8AQ>(8F(B<F7(C?6(#10 A8?-C<?>( CBB( -.7( <?>-;@AO -<8?>(?77676(-8(C>>7D=B7 -.7DM(0BB(FC->5(>@EC;>(C?6 6<7-C;:( L;8-7<?>( C;7 <?E7>-76( C?6( -.7?( D86<O

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

YA<7?A7(-8(-;:(C-(.8D7MMM %1( -.<>( BC>-( YA<7?A7( -8 -;:(C-(.8D7(:8@(AC?(>77 :8@;(8J?(#10f ^<;>-B:( AB7C?( :8@; -77-.(C?6(;<?>7(J7BB(J<-. JC-7;M( X;7LC;7( >8D7 >CB-:( JC-7;( Z-.;77( -7CO >L88?>( <?( )44DB[5( C?6 ;<?>7( -.<>( C;8@?6( :8@; D8@-.(F8;(C=8@-(*4(>7AO

8?6>M(YL<-(-.<>(8@-(<?-8(C EBC>>( C?6( >-<;( <?( C( -7CO >L88?(8F(67-7;E7?-(>@A. C>( JC>.<?E( @L( B<V@<6M YB8JB:( L8@;( C( F7J( -7CO >L88?>( 8F( AB7C;( >L<;<CBA8.8B( >@A.( C>( G86QC5 <?-8( -.7( ><67( 8F( -.7 EBC>>M( H.<>( >.8@B6( F8;D J.<-7(EB8=@B7>(8F(#10M

#)C'& D))<%& '() D))<7/& E9*1)2*)& '+& './ 4'& (+:)F& D177& @) .)G74*),& @/& 4& 5*1)2*) H+<)I& J-& /+0& (48)& 42/ E9*1)2*)& K+<)F& 50==)5L '1+25& ):417& '():& '+ .),@.1*<D1).,L 5*1)2*)M(+':417?*+?0<

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

E;8@?6( F8;( A;<-<A<><?E -.7( A;@7B( C?6( =C;=C;<A -8;-@;7(D7-.86>(@>76(<? LC;->(8F(-.7(J8;B6(>@A. C>( -.7( W<66B7( "C>-M( 0-.7( D8D7?-( -.7( 2' R>7->(-.7(E8B6(>-C?6C;6S -.;8@E.8@-(-.7(J8;B6(<? -7;D>( 8F( .@DC?( ;<E.-> <?(-.<>(C;7CM(%?-;86@A<?E -8;-@;7( J8@B6( ;@<?( -.<> ;7L@-C-<8?M !C-.7;(-.C?(R;76@A7 -7;;8;<>D5S( -.7( 8LL8><O -<8?(C;E@76(-.C-(-8;-@;7 <?( J7>-7;?( A8@?-;<7> J8@B6( E<G7( >8D7-.<?E F8;( -7;;8;<>->( -8( RF<E.CEC<?>-5S( C?6( A8@B6( @>7 -.7( L;7D<>7( 8F( -8;-@;7 8F( -.7<;( 8J?( L78LB7( =: J7>-7;?( A8@?-;<7>( <? 8;67;( -8( P@>-<F:( D8;7 79-;7D7( `a))( >-:B7 C--CAQ>( 8?( -.7( \7>-M H.<>( A8@B6( <?<-<C-7( C RA:AB7( 8F( ;7L;7>><8?S5 J.7;7=:( -8;-@;7( J8@B6 AC@>7( -7;;8;<>->( -8( ;<>7 @L( C?6( A8DD<-( F@;-.7; CA->( 8F( -7;;8;M( $;<-C<? J8@B6( L@;7B:( ;7>L8?6 J<-.(RD8;7(-8;-@;7MS 0F-7;(DC?:(<?-7;7>-O <?E(L8<?->(8?(=8-.(><67> =7<?E(;C<>765(-.7(67=C-7 A8?AB@676( J<-.( >7A8?6 8LL8><-<8?( >L7CQ7; $;:??( ]8@E.( J<??<?E -.7( L;<b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c-.( /C?@C;:( C-( dLDM H.7( 67=C-7( J<BB( -CQ7 LBCA7( <?( -.7( ]@<B6 &8@?A<B( &.CD=7; ZC=8G7( YLC;[( <?( -.7 ]@<B6(8F(Y-@67?->M(


!" 0#'12(#. ;<3=4,*>%?@@

!"#$!%&'()*++(! ),-.(/0120!3(+44,

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

0=?8(&:I9-

K%56(8(1<>(3<89@(L:E< =<>( 9<7:CI-B:=7( 8=A =<>(7-89-7M(%(8E(<RLB-<A -:( 8=-BLBD8-<( >.8-( -.B7 ?<89@( 87( 6$&7"#89N7( =<> a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c)( D<9( L<=-( E:9<( ;8-.8=( >87( 7-8-<A( :=( -.< C8G<CMZ( $?( =:>( ?:IN9< D9:G8GC?( 78?B=HO( Y><CC@ B;( ?:I( 7-ILJ( -:( L::JB=H ?:I9( :>=( E<8C7( 98-.<9 -.8=( 9<C?B=H( :=( 9<8A? E<8C7( ?:I( >:ICA=N.8F<( -.B7( D9:GC<E >:ICA( ?:I\Z( 0.( ?<7@ ?:IN9<( QIB-<( 9BH.-@( GI-.<( -.B=H( B7( -.B7( A:<7 =:-( 7BEDC?( 8DDC?( -: 9<8A?(E<8C7M( 0DD89<=-C?( -.<9< 89<(<F<=(D9:GC<E7(>B-. G9<8J;87-( L<9<8C7M 4#'<*=8)$'@(8(&.8==<C(d D9:H98EE<( 8B9<A( C87><<J@( AB7L:F<9<A( -.8>B-.( )MeeH( :;( 78C-( D<9 )44H@( 0CC( $98=( B7( 78C-B<9 -.8=( 8( D8LJ<-( :;( !<8A? ^8C-<A( L9B7D7( 8=A /:9A8=N7( &:I=-9?( &9B7D [I<7CB( .87( E:9<( ;8-.8=( 8( D8LJ( :;( L.<8D 78I78H<7M( V-.<9( D9:GC<E7 I=L:F<9<A(B=LCIA<A(-.< -::( C89H<@( +4( D<9L<=C<<>8?@(-.8-(;::A(E8=IO ;8L-I9<97( 89<( 8CC:><A >.<=( C8G<CCB=H( ;::A7M 5.B7( E<8=7( -.8-( B;( 8 D9:AIL-(L:=-8B=7()4H(:; ;8-@( B-( L:ICA( 8L-I8CC? L:=-8B=( 8=?-.B=H( ;9:E ,H( -:( )+H( :;( ;8-M "L:=:E?( G98=A7( ><9< ;:I=A( -:( G<( .<8C-.B<9 -.8=( 7:E<( .<8C-.? :D-B:=( G98=A7( :9( E:9<

<RD<=7BF<(D9:AIL-7M(a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a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

G<L8I7<( -.<?( J=:>( -.<? >BCC( <=A( ID( G9<8JB=H -.<E@( -.<( >BCCOD:><9( 8=A 7-9<=H-.( -:( 8L-I8CC?( J<<D 8( 9<7:CI-B:=@( D89-BLIC89C? :=<7( 7IL.( 87( HBFB=H( ID 7E:JB=H( -.8-( 89<( E8A< ;:9(.<8C-.(9<87:=7@(98-.<9 -.8=( UI7-( ;:9( -.<( 78J<( :; E8JB=H( 8( 9<7:CI-B:=@( 89< =:-( <87?( -:( L:E<( G?M( ( %-8J<7( 8( C:-( :;( A<-<9EB=8O -B:=( -:( E8J<( L.8=H<7( -:

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

CBJ<C?(-:(G<(7ILL<77;IC(;:9 <8L.(B=ABFBAI8CM((5.<9<(B7 8C7:( -.<( 8AA<A( L:EDCBL8O -B:=( -.8-( 7:E<@ >.BC<8L.B<FB=H( ><BH.-O C:77@( 89<( =:-( =I-9B-B:I7 <=:IH.( -:( G<( -9IC? .<8C-.?M(( %=( ;8L-@( -.<( <87B<7:D-B:=( ;:9( -.:7<( B=-<=AO B=H( -:( C:7<( ><BH.-( -.B7 =<>(?<89(B7(7BEDC?(-:(<8CB--C<( 8=A( :;-<=@( >.BC< E8JB=H(7I9<(?:I(H<-(<R<9O LB7<(8=A(A:(=:-(7D<=A(8CC A8?( :=( -.<( 7:;8( >8-L.B=H 9<O9I=7(:;(!"#$%&'M(( a:9( -.:7<( >.:( 7-9IHO HC<( -:( ;B=A( >8?7( -: 8L.B<F<( -.<B9( 9<7:CI-B:=7@ :9(;B=A(-.<(>.:C<(D9:L<77 :F<9>.<CEB=H@( -.<9<( 89< B=;B=B-<( >8?7( 8=A( E<8=7 -:( 7<<J( .<CD@( >.<-.<9( G? U:B=B=H(7IDD:9-(H9:ID7(:9

:=C?( )+( D<9L<=-( >.: F:><A( -:( HBF<( ID( 7E:JO B=H@( 8=A( +,( D<9L<=-( :; -.:7<( >.:( F:><A( -:( C:7< ><BH.-( ><9<( 8L-I8CC?( 7ILO L<77;ICM 5.<9<( 89<( E8=?( >8?7 :;( 8L.B<FB=H( ?:I9( H:8C7@ GI-( :;-<=( J=:>B=H( >.<9< -:( 7-89-( L8=( G<( 8( CB--C< A8I=-B=HM( ( 58J<( AB<-B=H ;:9( <R8EDC<M( ( [8JB=H( -.< A<LB7B:=( -:( >8-L.( >.8?:I( <8-( B7( UI7-( -.<( -BD( :; -.<(BL<G<9H@(C<8AB=H(-:(8CC 7:9-7( :;( :-.<9( B77I<7M K.BL.( AB<-( 7.:ICA( ?:I ;:CC:>\( ( %=( -.B7( A8?( 8=A 8H<( E:7-( D<:DC<( 89< 8>89<(:;(<F<9?-.B=H(;9:E 0-JB=7(-:(]B@(-:(^D<LB8C('N7 _A9:D( 8( U<8=O7B`<N( L.8CO C<=H<@( 8=A( B-( B7( .89A( -: J=:>( >.BL.( :=<( B7( E:7-

-.9:IH.( C::JB=H( 8-( G::J7 :9( 5b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


!" 1&-*0)&(

!"#$!%&'()*++(! ),-.(/0120!3(+44,

"#$%&'(#)$#)$'#*$*#$%&'(#)+$",-*$.( *,&$/0&(*.#' !A7.:D( 5>=JJ=7G 789-:C;DA-:B( -.: <>::H8C( 8<( -.:( =9-:>9:-( A9H( @.AHA9I:>B( -.=B( CAL( ;8B:( -8( B87=:-LK %B( 7:9B8>B.=;( -.:( @AL( -8( ;>8-:7-.:(L8P9I(A9H(=9987:9-X

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

5.:L( 789-A=9( A>-=7D:B( 89 .8@( -8( .=H:( H=:-=9I( <>8C <AC=DL( A9H( 8<-:9( <:A-P>: ;.8-8B( 8<( :T->:C:DL( -.=9 C:9( A9H( @8C:9( ^G98@9 AB(-.=9B;=>A-=89_K( QA9L( @8PDH( A>IP: -.A-(-.=B(H8:B(98-(BP;;8>;:8;D:( @.8( BP<<:>( <>8C A98>:T=AF( A9H( =9B-:AHF

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

BP;;8>-B( -.:( ;>8JD:C( JL :978P>AI=9I( P9.:AD-.L @:=I.-(D8BBK U.8PDH(-.:(7>:A-8>B(8< ;>8?09A(@:JB=-:B(J:(;P9? =B.:H( JL( DA@( <8>( :978P>? AI=9I( :T->:C:( @:=I.D8BBX( %9( -.=B( 7AB:F( BP>:DL O:=I.-OA-7.:>B( H=:;DA9B( @8PDH( 78C:( P9H:> -.:(BAC:(DA@K(5.:L(7DA=C -8( [.:D;( L8P( D8B:( @:=I.A9H( G::;( =-( 8<<K] ^@@@K@:=I.-@A-7.:>BK78K PG_( O:=I.-OA-7.:>B( H=B? 78P>AI:B( :T->:C:( @:=I.D8BBF( JP-( .8@( 7A9( L8P B-8;(BP<<:>:>B(8<(A98>:T=A <>8C( DL=9I( 89( -.:( C:C? J:>B.=;(<8>CF(A9H(IA=9=9I

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

C:ABP>:H( JL( 789-:C;8? >A>L( 78CCP9=-L( B-A9? HA>HBF(B:TPAD(8>(:T7>:-8>L A7-=M=-=:B( 8>( 8>IA9BK] ^@@@K<77KI8M\!:;8>-B\-7 8C)ccdK-T-_ %9( -.:( BAC:( L:A>F( -.: 2U( UP;>:C:( &8P>-( B->P7G H8@9( -.:( DA@( A9H( :B-AJ? D=B.:H( -.A-( 89D=9:( B;::7. H:B:>M:H( -.:( <PDD( ;>8-:7? -=89( 8<( -.:( S=>B0C:9HC:9-( ^@.=7.( BP;? ;8>-B( <>::H8C( 8<( :T;>:B? B=89_K( 5.=B( ;A--:>9( 8<( DA@ ;ABB:H( -8( ;>8-:7-( 7.=D? H>:9( <>8C( ;A:H8;.=D=A( =B B->P7G( H8@9( AB( A9 =9<>=9I:C:9-( 8<( .PCA9 >=I.-B( .AB( J::9( >:;:A-:H B:M:>AD(-=C:B(B=97:K( %<(A(DA@(-8(;>8-:7-(-.:

BAC:( @ALF( -.:L( .AM:( 98J::9(;>8M:H(->P:(8>(<ADB:K 5.:>:<8>:F( P9-=D( 8;=9=89B 7DA=C:H( 89( -.:( =9-:>9:.AM:(J::9(;>8M:H(<ADB:(8> HA9I:>8PBF( =-( =B( =C;8BB=? JD:( -8( BP;;8>-( 7:9B8>? B.=;K( `88G=9I( =9-8( 789->8? M:>B=AD( ;8D=-=7AD( @:JB=-:BF =-( =B( :ABL( -8( B::( @.A-( =B C:A9-( JL( ;8BB=JDL( HA9? I:>8PB( 8;=9=89K( Y9:( A>-=? 7D:( %( 7AC:( A7>8BB( 89( -.: '''(@:JB=-:(B-A-:BE [38P( G=HB( @.8( >:AH( -.=B B.8PDH( G98@( -.A-( =-ZB( 98788D( -8( >A7:( C=T( 8>( -8( J: IALK]( ? ^@@@KGGGKJa\@.A-A>:L? 8P@A-7.=9IK.-C_ %( 78C;D:-:DL( H=BAI>:: @=-.( -.:( B:9-=C:9J:.=9H(-.=B(B:9-:97:F(A9H @=-.( -.:( <A7-( -.A-( =-( =B @>=--:9(A=C:H(A-(7.=DH>:9K 5.=B( =B( CA=9DL( J:7APB: C8B-(7.=DH>:9(.AM:(L:-(-8 <=9H( -.:=>( 8@9( C8>AD 78H:F(A9H(@=-.8P-(<P>-.:> >:B:A>7.( 78PDH( :AB=DL( J:

H89:X(5.:>:(A>:(-@8(CA=9 =BBP:B( .:>:K( 5.:( <=>B-( =B .8@( -8( A;;DL( DA@( -8( A9 =9-:>9A-=89AD( 9:-@8>GK 5.:( B:789H( =B( .8@( -8 =C;D:C:9-( -.:( DA@B ;ABB:HK S=>B-(?(-.:(;>8JD:C(8< 7>:A-=9I(-.:(DA@K(U=97:(-.: J=>-.( 8<( -.:( =9-:>9:-F( -.: 0C:>=7A9(I8M:>9C:9-(.AB J::9( A--:C;-=9I( -8( 7:9? B8>(;A:H8;.=D=7(A7-=M=-=:BK "bPADDLF( B=97:( -.:( <=>BA--:C;-( 8<( 7:9B8>B.=;F -.:( "SS( ^-.:( "D:7->89=7 S>::H8C( S:H:>A-=89_( .AB J::9(JA--D=9I(-8(B-8;(=-K %9( )ccdF( -.: &8CCP9=7A-=89B(#:7:97L 07-( @AB( ;ABB:HK( %-( 8P-? DA@:H( G98@=9IDL( PB=9I [=9-:>A7-=M:( 78C;P-:> B:>M=7:]( -8( B:9H( 8>( H=B? ;DAL( -8( P9H:>( ),B( A9L [78CC:9-F( >:bP:B-F( BPI? I:B-=89F( ;>8;8BADF( =CAI:F 8>( 8-.:>( 78CCP9=7A-=89 -.A-F( =9( 789-:T-F( H:;=7-B 8>( H:B7>=J:BF( =9( -:>CB ;A-:9-DL( 8<<:9B=M:( AB

C8B-( =9987:9-( 7A998-( J: ;ABB:HF(-.:9(-.:>:(=B(D=--D: .8;:( <8>( 7:9B8>B.=;( 8< 8-.:>( eHA9I:>8PBZ( CA-:>=? ADK(5.:9(-.:>:(=B(-.:(H=<<=? 7PD-L(=9(:T:7P-=9I(-.:(DA@K #A-A(6AM:9(ADD8@(PB:>B(-8 B.A>:( =9<8>CA-=89( @.=D: >:CA=9=9I(A989LC8PBF(AB -.:( HA-A( B.A>:H( =B( B;D=J:-@::9( CA9L( H=<<:>:9-

7 8 C ; P - : > B K &89B:bP:9-DLF(=-(=B(9:A>DL =C;8BB=JD:(-8(789M=7-(A9L 89:( ;:>B89( A778P9-AJD: <8>( -.:( =9<8>CA-=89 B-8>:H( 89( -.:=>( 78C;P-? :>BK U8F(8P-B=H:(8<(-.:(DA@F @.A-(7A9(J:(H89:X Y9:( =H:A( AD>:AHL J:=9I(7A>>=:H(8P-(=B(<=D-:>? =9I( B:A>7.:BK( f88ID:( ;>8? M=H:B(A(eBA<:(B:A>7.Z(<=D-:>F =<( L8P( @A9-( -8( PB:( =-K 098-.:>( =H:A( =B( <8>( :A7. @:JB=-:( -8( -AG:( >:B;89B=? J=D=-L( A9H( 7.88B:( <8> -.:CB:DM:B(@.A-(=9<8>CA? -=89( -.:L( @=DD( ADD8@K SA7:J88GF( <8>( :TAC;D:F >:bP=>:B(C:CJ:>B(-8(789? <=>C( -.A-( -.:=>( =CAI:B A>:9Z-( ;8>98I>A;.=7K( %< C:CJ:>B( A>:( <8P9H( @=-. :T;D=7=-(=CAI:BF(-.:9(-.:L A>:( JA99:H( <>8C( PB=9I -.:(B=-:K( 5.:( a89=9I( 8<( -.: =9-:>9:-( =B( A98-.:>( 789? 7:;-( -.A-( 78PDH( J:( PB:HK 5.:(-.:8>L(=B(-.A-(ADD(@:J? B=-:B( A>:( >:b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gF444( I>:A-( ;:8;D:( <8> :M:>L( R:>G( 89( -.:( 2B:9:-V JP-( -.A-ZB( B-=DD( A( D8-( 8< R:>GBK( W>87::H( @=-.( 7AP? -=89(A9H(:L:B(@=H:(8;:9K

%<(L8P(A>:(=9-:>:B-:H(=9(@>=-? =9I(<8>(S:A-P>:BF(;D:AB: 78C:(AD89I(-8(-.:(C::-=9IB 89(O:H9:BHAL(A-()+K44(=9 -.:(fP=DHZB(U-PH:9#:M:D8;C:9-(A>:AK #89Z-(@8>>L(=<(L8P(7A9-(CAG: -.:(C::-=9IBK(38P(7A9(:?CA=D PB(A>:H<:A-P>:Bh.8-CA=DK78KPG(


!"

!"#$%&"'

!"#$%&"'

!#

!()$""*+'",-*.'+(*+/'&#"0 4(% W0&07=05<% !"#$%&'( N,-/*5% T'701% Y8,0( /5'K0660, /*%415'06%*(%'%1/+,0(/%95011%,0608'/-*(%/*%@-/(011%/:0 ;-,,60% N'1/% &*(.6-&/% .-51/D:'(,>% #./05% '(% 0K0(/.+6% .0@ ,')1<%:0%50&*+(/1%/:0%0J905-0(&0%*.%'%6-.0/-70%:050

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

12"+>"'$"&*+>#00?+$2"+-*0@+&"4#(*(*<+A#&$+-)+$2"+-0.+1"4A0"+82-$-9+:#4"'+;<."*

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

#./05%'%.**,%'(,%,5-(?%/*+5%*.%415'06&+6/+50%/:'/%(-8:/<%/:0%(0J/%7*5(-(8%@0 @050% /5'(19*5/0,% /*% /:0% `(0110/<% /:0 415'06-% E'56-'70(/<% .*5% '% 700/-(8% @-/: .*5705% W0.0(&0% ;-(-1/05% N9:5'-7% I(0:> $:-1% @'1% .*66*@0,% =)% 700/-(81% '/% /:0 3*50-8(%Y..-&0%'(,%'%700/-(8%@-/:%X'7a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a'15'66':<% '(,% 415'06<% -/% '990'51<% @*+6, =0% @-66-(8% /*% 0(,% -/1% 7-6-/'5)% -(K*6K0D 70(/% -(% /:0% !01/% F'(?% '1% 6*(8% '1% /:0) @050% 5096'&0,% =)% 1*70% 1*5/% *.% -(/05('D /-*('6% 7*(-/*5-(8% .*5&0>% ;'()% *.% /:0 ,-K-1-K0% -11+01% /:'/% '50% 905&0-K0,% '1 =0-(8% ,0'6D=50'?051% =)% *=105K051% -(% /:0 !01/%,*%(*/%1007%/*%=0%/:0%50'6%1/-&?-(8 9*-(/1% -(% /:0% (08*/-'/-*(1>% $:050% '50

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

E'601/-(-'(% )*+/:1% 7')% 0(/05% 9*6-/-&1< .0@%*.%90*960%:'K0%=00(%?-660,<%/:050%-1 /*%0J/5'*5,-('5)%60(8/:1>%F*/:%#5'=1%'(, '(,% &50,-=60% 60',051% 7')% 1/'5/% /* '% 50'6% .006-(8% /:'/% /:050% @-66% 1**(% =0% ' 415'06-1%6-K0%90'&0.+66)%1-,0%=)%1-,0<%'(, 070580>% N,+&'/-*(% 7')% 1/'5/% /*% ?-66% /:0 ,-50&/%:-/%*(%'%(+5105)>%;*50%90*960%@-66 /:050%-1%:*90%/:'/<%*(0%,')<%/:-1%'50'%*. 100,1%*.%0J/507-17>%$:0%&*+(/5)%@*+6, /:0(%/'?0%(*/-&0>%a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h/055-.)-(8A -1%6*(8%'(,%-/%-1%:'5,<%=+/%/:0%0J'7960%*. (00,0,% -(% *5,05% /*% 8'-(% 90'&0>% $:050 '(,% /:'/% /:0% Z'11'7% 5*&?0/1% h,01/5*) /:0% 415'06-1% -(% I,05*/% '(,% /:0 @*+6,% *.% &*+510% =0% */:05% 95*=6071% /* )*+5% 6-.0<% )*+5% 1*+6A>% I:0% ,01&5-=01% /:0 E'601/-(-'(1% 6011% /:'(% '% ?-6*70/50% '@') 501*6K0<% 1+&:% '1% /:0% 96'&-(8% *.% =*5,051 @:*60% 0J905-0(&0% *.% 6-.0% '1% h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b4W3c%19*?0190*960 :*901%'(,%?(*@1%/:'/%/:0%*5,-('5)%&-/-D &'9'&-/)%*(%/:-1%.5*(/<%'(,%/:'/%8-K01%70 *(%*+5%]*+5(0)%/*%"05H6-)'<%'%/*@(%(*5/: H0(1%'&5*11%/:0%=*5,05%6*(8%.*5%/:0%1'70 50'6% :*90% '1% '(% *+/1-,0% *=105K05% /:'/ *.% $06% #K-K>% 35*7% /:050<% @0% @050% /'?0( /:-(8% '1% 1:0% ,*01U% h'% (*57'6% 6-.0% '(,% ' /:-1% -1% (*/% '(% +(0(,-(8% &*(.6-&/>% $:050 *(%'%:06-&*9/05%/*+5%*.%/:0%a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dSSe<% PfR% 9*/0(/-'6% /055*5D -1/1% @050% '5501/0,% /5)-(8% /*% ]+79% /:0 10&+5-/)%.0(&0%@-/:%7'()%7*50%10-H0,%'/ /:0% .-K0% :+(,50,% &:0&?9*-(/1% @-/:-( E'601/-(0%-/106.>%#./05%:0'5-(8%/:0%1/*5-01 '=*+/%1+-&-,0%=*7=051%'(,%0J905-0(&-(8 /:0%&*(.6-&/%.*5%7)106.<%4%=08'(%/*%50'6-10 /:'/<%-.%-/%@050%7)%.'7-6)<%4%@*+6,%@'(/ /:0%415'06-%L*K05(70(/%/*%/'?0%'&/-*(%/* 1/07%/:0%/-,0%*.%1+-&-,0%=*7=051> $:0% .-('6% ,')% =08'(% @-/:% '% /5-9% /* I,05*/<% '% /*@(% -(% /:0% 1*+/:% *.% 415'06< RgS7% .5*7% L'H'>% 415'06% :'1% (*@% @-/:D ,5'@(%&*7960/06)%.5*7%L'H'<%'(,%-/%:'1 =00(% /'?0(% *K05% =)% "'7'1<% /:0% 060&/0, 5095010(/'/-K01% *.% /:0% E'601/-(-'(% 90*D 960>% "'7'1% :'1% '(% 0J/50706)% '&/-K0% /05D 5*5-1/% @-(8% '(,% :'1% =00(% .-5-(8% 5*&?0/1 '/% I,05*/% .*5% 10K0(% )0'51O% de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


!" 2$+)3,$'%1%2&45

IM[@I0Ec#XdTT#1 XV3,#*-e:-I"#TUUV

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

3,'(2# +8&&8$# $''/)# %$/ B%$3)<#L,'#;'25#=(2)3#+8$9 +'2$# ()# 628?%?45# 38# 7'3# % &'))%7'# 3,2817,# 38# 3,' &%$%7'&'$3# 4';'4# =82 %+3(8$<#H=3'$.#4()3'$($7#38 ($/(;(/1%4)#),%2($7#)8&'9 3(&')# ;'25# '&83(8$%4 628?4'&).# # 0# 7'3# 3,'# (/'% 8=# ,8B# /(=='2'$3# %$# ())1' +%$#?'#=28&#3,'#)31/'$3)K 6'2)6'+3(;'# ($# +8&6%2(9

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

N&(%+%.",)+74$%8B8%.4+G$,V

I-0e.# B82>.# /('3($7^# 4'3K) =%+'#(3.#*%$1%25#)1+>)<#@13 B'K2'# 7(;($7# 581# 3,' +,%$+'# 38# B($# %# G8$5 6823%?4'# [P[# 64%5'2# %$/ !"#$%&'( 8$#[P[< G(&645# %$)B'2# 3,' N1')3(8$)# %?813# 3,'# 6%)3 5'%2# ($# =(4&<# [286# 5812 '$32(')# ($38# 3,'# )$(&%*+, 8==(+'.#82#'&%(4##2'/?2(+>9 =(4&b,83&%(4<+8&. ($+41/($7# 5812# $%&'# %$/ +812)'# 3(34'# ?5# W2(/%5 TJ3,#*%$1%25<#C88/#41+>f G&%),# ,(3# +8&'/5. !"#$%&'(.# ()# 2'4'%)'/# 38 ?15# 8$# [P[.# @4192%5# %$/ :![L!#P(/'8#%$/#38#2'$3 8$# [P[# =28&# TX)3 *%$1%25#TUUV.#+8123')5#8= G8$5# O(+312')# \8&' M$3'23%($&'$3<# g# TUUh E841&?(%# O(+312') 0$/1)32(').#0$+<##-44#I(7,3) I')'2;'/<

;H%=*$%G$+,%I&JI$0%"--%K&)*%K*&J*%+(J&$() @$4%L&7'"(%-4&JIM

CH%N*"%K+'%$4$J)$0%O)"%4$+0P%(")%)"%,$+0QM

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

K*&J*%3.0+)$%"-%!"#$%&'()*+M

T+5$%1%:"3,'$%=&)4$U

?5+&4%F00,$''U

C'$'2%4# !''3($7# 8$ !8$/%5# XV3,# W'?21%25. B,'2'# O8)372%/1%3'# F !%312'# G31/'$3) -))8+(%3(8$K)# `O!G-a M4'+3(8$# B(44# ?'# +8$/1+39 '/<# L,'# %))8+(%3(8$# 21$) =82#3,'#?'$'=(3#8=#%44#68)39 72%/1%3').# %$/# ()# 'S6'+39 '/#38#?'#%#)328$7#?8/5#($ 3,'# 1$(;'2)(35# ?')(/' 83,'2# &%A82# %))8+(%3(8$) %$/# )8+('3(')<# !82'# ($=829 &%3(8$# B(44# ?'# 61?4(),'/ 8$# 3,'# C1(4/# 8=# G31/'$3) B'?)(3'#($#3,'#$'%2#=1312'< 0# B814/# 48;'# 38# ,'%2 =28&# %44# 68)372%/1%3') %$/# &%312'# )31/'$3)# ($ 3,'# 1$(;'2)(35# 8$# %$5 2'4%3'/# &%33'2)<# O4'%)' '&%(4# &'# %3 A<%$,b71(4/<?,%&<%+<1>

>"5$%:&($5+

63.$,7+0

[(2'+382^#C2'7#!83384% E%)3^# !(+,%'4# E'2%. E,2()386,'2# !($3D9O4%))'. *8$%,#\(44 E'23(=(+%3'^#XJ I'4'%)'/^#TX)3#*%$1%25 IIO^# iXj<jj# `T# /()+a# _ iXh<jj#`X#/()+a

896:%;%<%=>?%@AB9? RH%6*&+%!+S$"3-%3.'$)%)*$%($&/*7"3,'%&(

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

L\M 3(34'# !"#$%&'(- 2'='2) 38# 3,2''# )+,884&%3'). G'3,# `E'2%a.# M;%$# `\(44a %$/# W87'44# `!($3D9O4%))'a. %$/# 3,'(2# %$3(+)# %281$/ 3,'#'$/#8=#5'%2#6%235#+(29 +1(3<#!%$%7($7#38#)+%&#%$ ($;(3%3(8$# 38# 8$'# 8=# 3,' ,833')3# 6%23(')# 8=# 3,' 5'%2.# 3,'5# 78# 8$# %$ .(/00$/94(>'# ,1$3# =82 ?88D'# 3,%3# 3,'(2# ?(79 ?88?'/.# )&%449?1&&'/ +,''24'%/($7# ,8)3')) /'&%$/)<# G81$/)# 4(>' %$83,'2#12$%*+'3-4*$-/()9

%)3'2.#/8')$K3#(3k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

3,'# +86)# 3,%3# 325# %$/ 2'4(;'#3,'(2#5813,#3,2817, !+Q8;($#($)3'%/#8=#%22')39 ($7#,(&#=82#325($7#38#?15 /2($>#B(3,#%#=%>'#0[#9#3,'5 $';'2# 8$+'# )32%5# =28& +4';'2# =%2+'# ($38# 3,' 2'%4&)# 8=# 3,'# 1$=1$$5. )8&'3,($7#B,(+,#()#32%7(9 +%445# ?'+8&($7# 2%2'2 %+28))#3,'#68$/< !"#$%&'( =8448B)# ($ 3,'# 32%/(3(8$# 8=# 536+,$( 7#- 9# %# /1&?# -&'2(+%$ +8&'/5# 3,%3# 312$)# 813# 38 ?'#$83#)8#/1&?#%=3'2#%44<

896:%C%<%=>?%?D=EF6 L\M 1)1%4# ='%312')# %44 +286# 16.# =28&# 3,'# )3%$9 /%2/# +,%39%48$7# 38# 3,' 8?4(7%3825# Z&%>($7# 8=K 6('+'<# L%77($7# %48$7# =82 3,'# 2(/'.# 3,817,.# %2'# 4')) +8&&8$# =%2'^# E86# E%2 E8$='))(8$)# 7(;')# 3,' B%5B%2/# 4%B# '$=82+'2) \%/'$#%$/#I87'$#%$#'S32% +,%$+'# 38# ),($'.# %$/# 3,' %1/(3(8$# =883%7'# 2';'%4) 3,'# (&628;()%3(8$9,'%;5 628+'))#3,'#+%)3#,%/#38#78 3,2817,<# -# /'+'$3# ?1$+, 8=#'$3'23%($($7#'S32%)<

!+3,+%>35.*,$G' )$'(- 6"%- $8+9"0*:$- *3;$%< :*$=- =*;>- ?+@6:*3- >*2< 0$9AB- 639*3$- ';- ===C%$(< &%*+,639*3$C+6C",


:+,3

R8\URE1I%W_MM%D WO.2%F>L`>RQ%MNNO

:+,3#;)<8

6(74,+)#*+,8'%98#*74

\,)"5./)Z%4,?"%L,52/*( 1#(.Z% S/0% 9#$?(;% F@*,# R/C").(;% &2,*,3% !"D0/@) 9/--0#$ 1").,-,5#."Z%Wc 9KJJQGKK\% 0/=,"(% /$ >0"),5#$% 3/*,.,5(% d% $/. P@,."% #(% C#6% #(% H)"$52 )/0+5/0(;%C@.%$/.%-#)%/--B 0:;+5,%' ?,5<#$G<' ?;+ 6/"($'.% (""0% ./% ?$/< <2".2")% ,.'(% #% (#.,),5#* 5/0"6D;% #% 3@--+3,"5"% /) #$%#$.,+!/=,".%"6@5#.,/$#* =,6"/B%>.%,.(%=")D%</)(.%,. .),"(%./%a@AA*"%#**%.2)""%#. /$5";% C@.% /$*D% (@55""6( ,$%6)/33,$A%.2"%C#**B S2"% -,*0% ,(% C#("6% /$ .2"% .)@"% (./)D% /-% 12#)*,"

G,*(/$% 79#$?(:;% #% 0#=")+ ,5?% WeON(% S"f#$% 5/$+ A)"((0#$% <,.2% #% 3"$+ 52#$.%-/)%</0"$;%#*5/2/* #$6%6)@A(B%>-.")%<#.52,$A #%$"<(%)"3/).%/$%.2"%(.#." /-% .2"% !/=,".+>-A2#$% <#); #$6% .2"% ,$5#3#C,*,.D% /.2"%>-A2#$(%./%-,A2.%C#5? <,.2/@.% <"#3/$(;% G,*(/$ A/"(% /$% #% /$"+0#$% 5#0+ 3#,A$% ./% #)0% .2"% )"C"*( #$6% ./% -*@(2% .2/("% 3"(?D !/=,".(% /@.% /-% .2"% 4,66*" 8#(.B%G,.2%.2"%2"*3%/-%1E> #A"$.% T@(.% >=)#?/./( 79/--0#$:;%#$6%<,.2%#%*,.+ .*"% 0#$,3@*#.,/$% /-% .2" >0"),5#$% (D(."0;% G,*(/$ (@55""6(%#$6;%#33#)"$.*D; <,$(%.2"%<#)%(,$A*"+2#$6+

"6*DB%G2#.%#%A@DB G,.2% >#)/$% !/)?,$ <),.,$A%.2"%(5)""$3*#D%-/) .2,(% -,*0;% /$"% 0,A2. "f3"5.% ./% (""% .2"% @$)"+ *"$.,$A*D% <,..D% 6,#*/A@" #$6%-#(.+3#5"6%#5.,/$%.2#. 0#6"% @(% #**% -#**% ,$% */=" <,.2% 9:%' ?%<"' ?,$HB G2,*(.%.2")"%#)"%A*,03("( /-%A"$,@(%,$%0:;+5,% d%.2" 3,5?% /-% .2"% C@$52% C",$A G,*(/$'(% -,)(.% 0"".,$A <,.2%>=)#?/./(%+%.2"D%#)" $/.,5"#C*D% -"<% #$6% -#) C".<""$;% <2,52% ,(% 6,(#3+ 3/,$.,$A% ,$% #% -,*0% <2,52 2#6% (/% 0@52% A"$@,$" 3/."$.,#*%./%(2,$"B% S2,(% ,(% $/.% .2"% </)(. #(3"5.%/-%.2"%0/=,";%2/<+

"=")B% S2#.% 6@C,/@(% 2/$+ /@)%-#**(%./%F@*,#%R/C").(; <2/% 6"*,=")(% #% 2/)),-,5#*+ *D% 3//)% 3")-/)0#$5"% #( .2"% @*.)#+),52;% @*.)#+),A2. F/#$$"% 9")),$AB% &#).% /.2"% 3)/C*"0% ,(% .2"% 6,(+ *,?"#C*"% $#.@)"% /-% .2" 52#)#5.")% d% #$6% ,.'(% $/. a@(.% C"5#@("% (2"'(% #% 5/$+ (")=#.,="% +% C@.% R/C").( 2")("*-% a@(.% 6/"($'.% (""0 ./% -,.% .2"% )/*";% #$6% *//?( #(% @$5/0-/).#C*"% #(% # 2/)("% ,$% #% A*@"% -#5./)DB >0D% >6#0(;% <2/% 3*#D( G,*(/$'(%#((,(.#$.;%,(%6"-+ ,$,."*D%(@)3*@(%./%)"P@,)"+ 0"$.(B &/*#)% /33/(,."% ./ R/C").(% ,(% 9/--0#$;% .2" (#=,$A% A)#5"% /-% .2,(% -,*0; <2/("% 3")-/)0#$5"% #( >=)#?/./(% ,(% (,03*D% C),*+ *,#$.B%>**%.2"%C"(.%/$"+*,$+ ")(% #)"% )"(")="6% -/)% 2,0; #$6% ,.'(% /$*D% <2"$% 2"'( /$+(5)""$%.2#.%.2"%)"(.%/.2"% 5#(.% 5/0"% 5*/("% ./ 0"#(@),$A% @3B `$-/).@$#."*D% 2"% 6/"($'. #33"#)% P@,."% #(% /-."$% #( <"'6% #**% *,?";% *"#=,$A% .2" )"0#,$6")% /-% .2"% -,*0% #( ",.2")% A)/((*D% /=")6/$" /)%6,(.,$5.*D%@$(#.,(-D,$AB

]R`X$6F 0:;+5,%' ?,5<#$G<' ?;+ ,(% # */.%*,?"%#%C/<*%/-%3/)),6A" d% *@03D;% @$"f5,.,$A% #$6 *"#="(% #% C#6% .#(."% ,$% .2" 0/@.2B% K$"% ./% #=/,6% ,2@0#$*D%3/((,C*"B

W73#a7%8)%

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

!"

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

6'4=#>7?,)(@48&

`)-O4+SC98#JKK+S+7,#F'H#1N#:+,38#'K#!NNI 1N"#6'%&4',#.6'4O+P%0

Z"#>'&#:@??#.*4+5(&0

E$."$("% #$6% 6"3)"((,$A; 1/)C,a$'(% C,/3,5% /-% C#2 D,E,<,#$'(% E#$% 1@).,(% 5#3+ .@)"(% 3/(.+3@$?% 8$A*#$6 ,$% (.#)?% 0/$/52)/0"B U)"#.2.#?,$A%#$6%=@*$")#+ C*";% *"#6% !#0% R,*"D% % ,( 2"#).<)"$52,$A*D% A//6% % + 5*"#)*D%#%),(,$A%(.#)B

E"# F()# G',-)% 6'3H788#.*)+&?0

S2"% S"#0% C"2,$6% !:;1$ #A'":%'D%;) )"+@$,."%-/)%# ),3+)/#),$A% (@C@)C#$ (2//./@.B%G/).2%<#.52,$A -/)%S,0/.2D%\#*./$%#*/$"; 5/03*"."% <,.2% 35;<: F#+)#$ -#5,#*% -@VV% +% $/. P@,."% 7:;1$ C@.% (.,** 6#0$%A//6B%1K1I ESB

U"# T78&# V+%5# 'K WS'&,7%-#.A7SX'%7,-0

>% (#$,.,("6% .#?"% /$ &@**0#$'(% ),52% $/="*;% # C),**,#$.%5#(.%C),$A(%./%*,-" JD)#'(% (.)@AA*"% #A#,$(. .2"% 4#A,(."),@0% <,.2 (.@$$,$A% =,(@#*(B% EA$/)" .2"% #C)@3.% "$6% #$6% % .2,( ,(%#%6"5"$.%-#$.#(D%"3,5B

H/))"(.%G2,..#?")'(%K(5#)+ <,$$,$A%.@)$%,$%.2,(%0#(+ .")3,"5"% 2#6% /$"% -*#<% +% ,. /=")(2#6/<"6% .2"% "P@#*+ *D% ,03)"((,="% 45>=/DB 4/$?"D(%,$%!5/.*#$6Y%L/; C@.% ,-% .2")"% <")";% .2"D'6 6""3%-)D%.2"0B

["#\'-+7S#.:+%S()40

Q"#R%S(7%&)-#.T+370

&/(.+0/6")$% \,($"D% ,$ .2"% )"#*% </)*6% <,.2% #% 1TE 52,30@$?Y% S2,(% (2/@*6 $/.% </)?B% U@.% ,.% 6/"(B R"#**D% <"**B% 9,*#),/@(; <,..D;% <,.2% /$"% 2"**% /-% # (/$A%$@0C")B%>$6%&#.),5? \"03("DB%!<//$B

I"# J4-)4# 'K# /(')%+L#.M7&)80

&()

E5?*"%\#$$D%R#65*,--"%0#D C"% A"..,$A% D/@$A");% C@. .2,(% ("),"(% a@(.% ?""3(% /$ 0#.@),$AB% 8=,*% E0"*6#; .2"%*/="*D%T#0C/$%#$6%#$ #0#V,$A%(2/<6/<$%0#?" @3%-/)%.2"%*#5?%/-%!$#3"%,$ .2,(%(.)"#0*,$"6%A"0B

Y"#F()#X74P)),+%5#T&.2%-)48'%0 S2)""% "(.)#$A"6% C)/.2")( 7<,.2% "P@#**D% (.)#$A" $/("(:% )"6,(5/=")% .2"0+ ("*="(% ,$% .2,(% .D3,5#**D P@,)?D% >$6")(/$% -#)"B G)D% #$6% -@**% /-% #$A(.;% 2" C#*#$5"(% .2"% (#6% #$6% .2" -@$$D%<,.2%#6"3.%"#("B

U)@.#*% #$6% (2/5?,$A;% .2,( 5),0"% .2),**")% ,$a"5.(% bXN( !#$%H)#$5,(5/%<,.2%#%52,**+ ,$A% ."$(,/$B% >% (2/<5#(" -/)%TD**"$2##*%#$6%R/C"). \/<$"D% F);% \#=,6 H,$52")'(% .2)""+2/@) 0#)#.2/$% $"=")% A".(% /*6B T),3(%*,?"%#%=,5"B

!"# $%&'# &()# *+,./)%%0 !"#$% &"$$'(% )"#*+*,-"% .#*" /-% "0/% .""$% 12),(./32") 451#$6*"((% 780,*" 9,)(52:;% <2/% "(5#3"( -)/0%5/00"),5#*%5,=,*,(#+ .,/$% ./% >*#(?#;% ,(% ,00")+ (,="% #$6% ./@52,$AB% > 0"6,.#.,/$%/$%*,-";%*/$"*,+ $"((%#$6%$#.@)";%12),(%,( 6"(.,$"6% ./% C,6% -#)"<"** ./% "=")D/$"% 2"% 0"".(B !@))/@$6"6% CD% .2"% C"#@+ .D%/-%.2"%<,*6;%2,(%0/).#*+ ,.D% C"5/0"(% ,$5)"#(,$A*D "=,6"$.;% *"#=,$A% @(% ./ 3/$6")% *,-";% .2"% @$,=")(" #$6% 2/<% 2"% 0#$#A"(% ./ 2#="%(@52%<2,."%."".2B

1"#2&'%)3)%& .*4+5(&0

E#$%458<#$'(%2,A2*D%*,.")+ #)D% $/="*% ,(% ./@A2% ./ .)#$(*#.";% C@.% F/"% G),A2. #55/03*,(2"(% .2"% -"#. A)#5"-@**D;% 5/0C,$,$A% # 0#(.")-@*% (5/)"% #$6% #$ ,$(3,)"6% (5),3.% ./% A)"#. "--"5.B% H)/0% .2"% /33)"(+ (,=";% 2"#6D% 5/@$.)D(,6" ./% (.@$$,$A% <#)+(.)"<$ C"#52"(;%G),A2.'(%5#0")# (@03.@/@(*D% 5#3.@)"( .2,(% #$.2"0% -/)% 6//0"6 )/0#$5"B%G,.2%#%.#*"$."6 5#(.% +% D"(;% "="$% I",)# I$,A2.*"D% +% !"#$%&%$"' ,( #% .)@"% ./@)% 6"% -/)5"B &/".,5;% 3)/-/@$6;% #$6 6#0$"6%$"#)%3")-"5.B


!" :;,6

R"AHRWGJ#XYCC#< XE/2#OVMZVR[#CDDE

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

!"G#H8"G;&I WF.#M(/#82+3+

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

A%3+-/(35\# O(+,# 01&# "/201 G(+1 G05/\# 8(..'# T++# O(1+56 O09%+3#H03&+.6#O(52#H3(,%1 G+3/%4%-0/+\#XE 8K"[ 50'# .(1+'# -01F/ $)'# 20<<%1+55# 01&# %1 T,+*+,,'1# c(55F5# -05+6 /2%5#205#1+9+3#$++1#/3)+3> V1#%1+5-0<0$,+#1%=2/.03+ $+=%15#4(3#c(55#IH3(,%1L#%1 /2%5# +?/3+.+,'# /+15+# 01& $+0)/%4),,'# .0&+# /23%,,+3 04/+3# 2+# 4%1&5# 01&# ;++<5 dC#.%,,%(1#%1#&3)=#.(1+' ,+4/# $+2%1&# (1# /2+ V.+3%-01# <,0%15# 04/+3# 0 52((/()/6#%1#*2%-2#,%/+30,: ,'#+9+3'#.01#01&#2%5#&(= &%+5># K+# /)315# 43(. 2)1/+3#/(#$+%1=#2)1/+&#$' 0# 3+,+1/,+55# ;%,,+3# *2( *01/5# /20/# .(1+'# $0-;>

c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e#&+,%9+3+&#.0=1%4: %-+1/,'# $'# O(1+5# e# *2%-2 $+=%1#/2%5#4%,.#3+4,+-/#/2+ 40-/# /20/# 1+%/2+3# 2+# 1(3 /2+# ,0*# 205# 01'# -(1/3(,

(9+3# /2+# +9%,# <3+5+1/# %1 2).01#10/)3+> V1/(1# G2%=)32 IH03&+.L# %5# <(55%$,'# /2+ .(5/# .0,+9(,+1/# .(9%+ -2030-/+3# 5%1-+# K011%$0, T+-/+3># H03&+.F5# b(,&+1 b,($+#4(3#/2+#3(,+#%5#/2(3: ()=2,'# &+5+39+&U# 2%5 0-/%(15# 01&# 0<<+0301-+ 03+# /2+# +<%/(.+# (4# 5(),: ,+556# <5'-2(<0/2%-# +9%,> K+# 205# 0# 30/2+3# )1)5)0, .)3&+3#*+0<(1#0/#2%5#&%5: <(50,\#01#(?'=+1#/01;#01& 0# -0//,+# =)16# *2%-2# &(): $,+5# 05# 0# .+015# (4# $,(*: %1=# /2+# ,(-;5# (44# &((35> !2+1# 2+# )5+5# %/6# '()# *%,, P).<#0#.%,+#%1#/2+#0%3>#V5 /2+# 4%,.# <3(=3+55+56 0,.(5/# 2).01# ])0,%/%+5 5)340-+# %1# 2%5# $%_033+ %1/+=3%/'# 01&# 5/3)==,+

*%/2# %1/+15+# <2'5%-0, <0%1># K(*+9+36# /2+5+# 03+ /2+# 9+3'# ])0,%/%+5# *2%-2 4(3.# /2+# 4()1&0/%(15# (4 2%5# 3)/2,+551+55U# %4# 2+ *01/5#'()#&+0&6#'()##&%+> 82+# &+</2# (4# 2%5# -3)+,/' %5#52(*1#$'#2%5#(--05%(1: 0,# =0.+5# (4# R)55%01 3(),+//+# *%/2# <(/+1/%0, 9%-/%.5\# 2+# /(55+5# 0# -(%16 /2+'# -0,,# %/># 82+# &+0&,' =0.+# (4# -0/# 01&# .()5+ $+/*++1#c(55#01&#G2%=)2 30%5+5# /2+# 5)5<+15+# /( 0,.(5/# )1$+030$,+# ,+9+,5 05# G2%=)2# 520&(*5# 2%5 <3+'6# 0,*0'5# 0/# /2+# 50.+ &+/+3.%1+&# <0-+># c(55 -01#3)16#$)/#2+#-01F/#2%&+> 82+#/+15%(1#<3+90,+1/ %1# /2+# .(9%+# -3+5-+1&(5 $+4(3+# $+%1=# 3+,%+9+&# $' <+34+-/,'# /%.+&# 5,%-+5# (4 $,0-;6# &3'# 2).()36# 01& 01# +1&%1=# /20/# *%,,# -0/-2 '()#$'#5)3<3%5+>

=>3?0$@ 90$.0D*-'6$20'$4/3$G#* %5 01# 03/%5/%-# *(1&+3\# /2+ 0/.(5<2+3%-# V.+3%-01 <,0%156# *2+3+# 1(/2%1=# %5 2+03&#+?-+</#4(3#/2+#*%1& %1# /2+# =30556# 5).# )<# /2%5 4%,.# %1# (1+# *(3&\# =,(3%: ()5>

?2&;/,,/#E,2F/

A,;/&9#19#B(/-2'"(C#3/D%;/6

A%3+-/(35\# 82+# H3(/2+35 @/30)5+ G05/\# @/+<2+1# N05])0,+6 R+%;(# V',+5*(3/26# O(21 ^3/%_ G+3/%4%-0/+\#X` 8K" K(,,'*((&# <+1-201/ 4(3# 1++&,+55# 5+])+,5 5/3%;+5# '+/# 0=0%1# /2%5 *++;# *%/2# ?/+#*@$ 1@ A'#3&-0'B$ :#CD+#;6# (3# 05 /2+# *+$5%/+6# <(5/+35# 01& /30%,+35# 03+# &+5<+30/+# /( &)$#%/6#Q?EFEAB:F>#S0-+:2)=: =%1=# %/5# *0'# $0-;# (1/( 5-3++156#%/#<%-;5#)<#*2+3+ /2+# ,05/# 4%,.# ,+4/# (44\# /2+ 5)39%9%1=#N3+&0/(35#03+#%1 /2+%3# 52%<# 3+/)31%1=# /2+%3 &+0&# -(.30&+# /(# /2+

N3+&0/(3# 2(.+*(3,& *2+1# 0# N3+&0/(3aV,%+1 2'$3%&# -2+5/:$)35/5# (1/( /2+#5-+1+#01&#0#-(1-+</#%5 $(31># 82+# 3+5),/%1=# -3052 ,01&%1=#.0;+5#/2+#*2(,+: 5(.+# /(*1# (4# b)11+35(1 G(,(30&(6# *%/2# 0,,# %/5 <,)-;'# %120$%/01/56# /2+ ,0/+5/# $0//,+=3()1&# 4(3 4%,.5F#/*(#&+0&,%+5/#+?/30: /+33+5/3%0,5> !2%,+# /2+# N3+&:V,%+1 =+/5# /(# *(3;# -3+0/%1=# %/5 0,%+1# .%1%(156# %1# /2+# 4(3: +5/# *+# =+/# %1/3(&)-+&# /( ()3# 2+3(+5\# A0,,05 IN05])0,+L6# 01# +?:-(1# /3': %1=#/(#=(#5/30%=2/6#0#4+%5/' 4+.0,+# 5(,&%+3# P)5/# $0-; 43(.# W30]6# 01&# /2+# 5/01:

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

<,+05+#&%+#203&#40156#+9+1 %4# /2+# (--05%(10,# 3+/%10: $)31%1=# $)35/5# (4 N3+&0/(3# 9%5%(1# 52(),& -(.+# *%/2# 5(.+# ;%1&# (4 5+%_)3+#*031%1=> S015#(4#/2+#4%35/#?/+#* 1@$ A'#3&-0'$ 4%,.# *%,, )1&()$/+&,'# ,(9+# %/# 05# %/ ,+0&5# 5+0.,+55,'# (1# 01& 5/%-;5# <3+//'# 5(,%&,'# /( /2+# 4(3.),0# +5/0$,%52+&6 $)/# %/F5# 1(/# 0# 4%,.# /(# 5++ (1# %/5# (*1# .+3%/5># 82+ 5/+3+(/'<%-0,# 2).01 -2030-/+35# 03+# /3015<03: +1/# /(# /2+# <(%1/# (4# +.(: /%(10,# $,0-;.0%,# 01&# /2+ ,05/# /2%3&# (4# /2+# 4%,. 5++.5# /(# $+# .(3+# (4# 0 50,)/+# /(# /2+# .+3%/5# (4 =)15# /201# 01'/2%1=# +,5+U 0<<03+1/,'# 01'# 5%/)0/%(1 -01#$+#5(,9+&#%4#'()#209+ +1()=2# (4# /2+.# 3+5()1&: %1=# 0,.(5/# 05# ,()&,'# 05 /2+# .01'6# .01'# +?<,(: 5%(15#/2+'#-3+0/+>

=>3?0$@ ^1,'# %4# '()F3+# 0# 4+39+1/ ?/+#*$ 1@$ A'#3&-0'$ 401 0,3+0&'>

$,2(/#?"",2&

cVG

K^! .01'# 0-/(35# .)5/ 0# .01# -05/# /(# <,0'# H($ A',01f#82+#015*+3#%51F/ gC6# $)/# %/F5# -,(5+># V1 +15+.$,+# -05/# I%1-,)&: %1=# G0/+# H,01-2+//L# 0,, P(%1# 4(3-+5# /(# <(3/30' /2+#,%4+#(4#/2+#,+=+1&03' 5%1=+3># K(*+9+36# ,+/ &(*1# $'# %/5# 5/3)-/)3+6 /2%5#$%(<%-#%5#),/%.0/+,' 4,0*+&># ^1+# 4(3# /2+ A',01#40156#(3#4(3#/2(5+ *01/%1=# /(# 5-()/# ()/ ^5-03#*%11+35>

T)5/6#G0)/%(1

G%1+*(3,&

VMb T++# 3+/)315# *%/2 /2%5# +3(/%-# <+3%(& &30.06# 0$()/# G2%0# G2%6 0#5/)&+1/#*2(#0=3++5#/( /0;+# <03/# %1# 01# 055055%: 10/%(1# <,(/># K+3# /05;f 8(# 5+&)-+# c3# [++> @0-3%4%-%1=# 2+3# %11(: -+1-+# 4(3# &)<,%-%/()5 5)$:&)9+/# &0,,%01-+56 /2%5#/0,+#(4#-(9+3/#-(<): ,0/%(1# %5# 0,,# 0$()/# 5)<: <3+55+&# +.(/%(1># V 5,(*# $)31+36# *2%-2 (--055%(10,,'# +3)</5 %1/(#=,(3%()5#5<03;5>#

S%,.@(@%/9-2)#JJ&-#K2&%2()#L#JMMNC A#H72O/#+-)99/) @/01,+'# J)$3%-;F5# .+&%/0/%(1# (1# .016# /+-21(,(=' 01&#.(3/0,%/'#5++5#05/3(10)/#A09+#+?<,(3+#0#.'5/+: 3%()5#03/+40-/#*2%-2#%5#$)3%+&#(1#/2+#.((1>#V<+56 .(1(,%/256# /3%<<'# 9%5)0,5# 01&# +9%,# VW# -(.$%1+# /( -3+0/+#01#0*+:%15<%3%1=#.05/+3<%+-+> @8%(9-2)#JP'8#K2&%2()#L#+,-Q") N03;#G201:!((;F5#9%(,+1/#/23%,,+3#5++5#0#.01#5++;: %1=# 9+1=+01-+# 04/+3# $+%1=# %.<3%5(1+&# $'# 0# .'5: /+3'%()5# ;%&10<<+3# 4(3# X`# '+035># G(1/3(9+35%0,6 $3+0/2/0;%1=#01&#50/)30/+&#%1#5/',+6#/2%5#%5#<3((4#(4 *20/#'()#-01#&(#03.+&#P)5/#*%/2#0#20..+3> @-3++1%1=5#h>YD<.6#bYY#%1#/2+#"&)-0/%(1#H)%,&%1=>

+%(#H'2(#32';&I N((3 V9+30=+ b((& B+3'#b((&# "?-+,,+1/

?;-#)"%#F&"GRRRS V,43+&#K%/-2-(-;#&%&1F/ 209+#0#$+,,'#$)//(1>#W/ *05#3+.(9+&#&)3%1= 5/(.0-2#5)3=+3'>


"#$%&

!"#$!%&'()*++(! ),-.(/0120!3(+44,

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`M( -.=;>B K??D( N9?A=B=;>( <?9( -.8 AFB=:(I?9KC(=;(+44,L(58 :@;J-( I@=-( -?( H9=;>( E?F -.8( FNB( @;C( -.8( C?I;BM -.8( .=>.B( @;C( -.8( :?A8 C?I;B( @;CM( ?<( :?F9B8M !.EC=@;(@-(U%6L !8K@QM( C?;J-( C?( =I.8;( E?F( I@;-( -?( >?( -? =-M( 98K@QM( C?;J-( C?( =I.8;( E?F( I@;-( '()*+ (+,-.)%&( -?(:?A8L

VFB=:(#=@9ELLL 3?F9(I88DJB(>F=C8(-?(K?:@K(>=>B /)%,(0-1234-5(+ 6.8(5?AH@-B(O(7VUa$@9<KE 6(3#),(0-1734-5(+ /?.;;E(b?98=>;89(O($@9<KE 6#+,(0-8934-5(+ 68CCE(6.?ANB?;(O(6.8(_K88(&KFH 7@9C:?98(RFN89B-@9(O($@9<KE "*+,(0-81$3-5(+ 58(098(6.8(c.EB=:B(O($@9(0:@C8AE #@9D8B-(7?F9(O($@9<KE :#;$,(0-88+,-5(+ 0K-89($9=C>8B(O(&@9K=;>(0:@C8AE d8GE(O($@9(0:@C8AE <;,+;$,(0-8=),-5(+ 0=9(69@<<=:(O(&@9K=;>(0:@C8AE(+ R-?;8(_?CB(O($@9<KE :4#)$,(0-8>34--5(+ 38-=(O($@9<KE

!"

RN?-K=>.-(g;LLL

&?@:.8KK@

6%?*+-"&"(4*+ :?;B=C89B(@;(@K-89;@-=G8(-?(-.8(AFC(?<(-.8($9=-=B.(b8B-=G@KLLL

@()%$-A%B3*+-B;()+3-4;)-B;$$*+-(C3;)-C*)D;33%+D-3*-(EEB0-$#+$&);;+ 5%67( ( -.8( @;;F@K( ?;K=;8 <=>.-( <?9( <8B-=G@K( -=:D8-B <@B-( @NN9?@:.=;>M( R=A?; V:V@.?;( :?;B=C89B 8B:@N=;>( -.8( AFC( <?9( -.8 BF;;E(B=>.-B(?<(-.8(I?9KC 98;?I;8CM( :8K8HO@C?98C &?@:.8KK@(b8B-=G@KL 098( E?F( <@9( <9?A @AFB8C( @-( -.8( B=>.-( ?< *&'"O98@C=;>M( .?9B8( -9@;O ZF=K=e89O-9=NN=;>M( B=Q-88; E8@9(?KC(B:8;8B-89B(NK@>FO =;>(-.8(d88CB(@;C(!8@C=;> <8B-=G@KBf( %B( =-( -.8( C9F;DM A=CCK8O@>8C( -I@-B( C@;:O =;>( -?( 6.8( '=KK89B( @_K@B-?;HF9E( -.@-( C98;:.O 8B( E?F9( 8;-.FB=@BA( <?9 -.8( <8B-=G@K( @-A?BN.898f g9(=B(=-(UOb8B-=G@K(N89=?Cf 6.8( HF=KCOFN( -?( -.8 $9=-=B.(<8B-=G@K(B8@B?;(:@; B?A8I.@-( A@D8( 98@K=-E H8E?;C( -.8( B-F;;=;> AFB=:( @( A@W?9( K8-C?I;L !8NK@:8(-.8B8(B-898?-EN8B I=-.( -.?B8( ?<( R8-.( &?.8; I@;;@H8BM( V@9EO'@-8( @;C 0B.K8E( K??DO@K=D8B( PNKFB -.8( :8K8H9=-=8B( -.8AO B8KG8BSM( @;C( K?-B( ?< &@;@C=@;BM( @;C( E?F( .@G8 H?-.(E?F9(I=KC8B-(<@;-@BE ?<( @;( ?9>E( @;C( -.8( D=CB I.?(=;.=H=-(-.8(&?@:.8KK@ U@KK8E( VFB=:( @;C( 09-B b8B-=G@KL( "G89E( 0N9=KM( -.8 ?@B=B( :=-E( ?<( %;C=?( =;( -.8 &?K?9@C?( #8B89-( B-8@KB -.8(>K@A?F9(@;C(5@E<@989 N?NFK@-=?;( ?<( =-B 7?KKEI??C( ;8=>.H?F9h I.898(8KB8(:@;(E?F(I@-:. R:@9K8--( /?.@;BB?;( N89O

<?9A( H@:D=;>( G?:@KB( <?9 /8BFB( @;C( V@9E( &.@=;M( ?9 B=;>( -.8( &RR( KE9=:B( X% I@;;@( -@D8( E?F( .?A8M H=-:.Y( I.=K8( N?=;-=;>( -? c@9=B( 7=K-?;( @K?;>( I=-. -.8(8;-=98(:9?ICf( &?@:.8KK@( =B;J-( WFB-.8( NK@:8( -?( H8( B88;[( =-JB -.8( NK@:8( -?( B88L( 6.8 NK8-.?9@( ?<( AFB=:@K :.?=:8( 9@;>8B( <9?A !8>=;@( RN8D-?9( -? R?FKI@Q( G=@( dFN8( b=@B:?M g<( V?;-98@KM( @;C( V=D@L 5.=K8( H8:?A=;>( -.8( :??K F;:K8( -?( -.8( D=CBM &?@:.8KK@( =B( H8:?A=;> 98;?I;8C( <?9( =-B( N8;O :.@;-( <?9( 98F;=?;BM( I=-. @KK( <?9A89( ?;8B( H8=;> CI@9<8C( HE( -.8( +44T 98F;=?;( ?<( !@>8( 0>@=;B6.8( V@:.=;8( I.8;( -.8 >9?F;C( @:-F@KKE( B.??D( @B -.8E( @99=G8C( ?;( B-@>8L $Wi9D( 8ZF@KKE( @<<=9A8C .89( 9=>.-( -?( .8@CK=;8 @K?;>B=C8( @;( @KKO<8A@K8 :.?=9( @;C( ;FA89?FB -9?AH?;8B( @;C( b98;:. .?9;BL( 1?O?;8( ZF=-8( C?8B =-( H8--89( -.@;( -.8 %:8K@;C=:BL( 6.8(>??C(;8IB(98BFK-O =;>( <9?A( AE( 8QN89=A8;-B @-( &?@:.8KK@( =B( -.@0A89=:@;( AFB=:( =B( <@9 <9?A(98KE=;>(?;(-.8(N9?C=O >@K( N9?CF:89( ?<( 2R( .=NO .?N[(6=AH@K@;CM(%;-89N?KM 0;C98I($=9CM(g<(V?;-98@K @;C( R?;=:( 3?F-.( @KK( -8B-=O <=8C( -?( -.=B( =;( -.8=9( N89O <?9A@;:8B(@-(+44TJB(<8B-=O

G@KL($F-(!@:.8K(R-8G8;B(?; -.8( ?F-H?F;C( <K=>.-( I@B N9??<( 8;?F>.( -.@-( $9=-=B. -@K8;-(I@B(<@9(<9?A(=;-=AO =C@-8CL(6.8(0;>K?(:?;-=;O >8;-( I@B( K@B-( E8@9( BN8@9O .8@C8C( HE( -.8( 09:-=: V?;D8EBM( 0AE 5=;8.?FB8M( @;C( d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jb@-?9@C8JL 0N@9-(<9?A(-.8(-?D8; FB8( ?<( E?F9( @::8;-( -?

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k-.( 0N9=K F;-=K( +T-.( 0N9=KL( 6=:D8-B I=KK( H8( ?;( B@K8( B??;[( <?9 <F9-.89( =;<?9A@-=?;( >?( -? IIIL:?@:.8KK@L:?AL b?9( -.?B8( ?<( E?F D88N=;>(=-($9=-=B.M(98A8AO H89(-.@-(_K@B-?;HF9E(B=>; FN( -@D8B( NK@:8( -.9?F>.O ?F-( b8H9F@9EM( B?( .@G8 E?F9( N@BBN?9-( N.?-?B( @-.8(98@CEL


!" "#$%&

!"#$!%&'()*++(! ),-.(/0120!3(+44,

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`A'&3 7-J( 9AB( -.=( 87A78-=> L-,F$ MNNOaJ( 9AB( ;A=( ;G 8->7NN=B(B;<A(;",($15&+ -.=F(.98(87A@=(P7@P=B(-.= 8.;<8(-.9-(-.=(=FD9--C=B DE@P=-( `!L%L:L( 5C?( ( #7>-K &C9A( .9H=( C;8-( A;A=( ;G $98-9>Ba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

#

# $

>@"J+K+/0* @-3*7=(3%)* "(L27+,*&278$+ M#3+C2;

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

/0*+"(&&(1**$ /22304($3*+5%$$*$+

Cyndi Lauper

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

Rancid Pauper

,2$$+<%$0*7

<9A-7AI(-;(D=(>=RD;>A(98(9 @9A7A=L( X;>( A;( N9>-7@EC9> >=98;AL( 0AB( -.=A( -.=>=?8 67"$!"F,+>0"$1"JJ(B=8@>7DR 7AI( .;<( <=( 8.;ECB( [GE@P ;E>8=CH=8( 9AB( >9N=( -.= <;>CB?LLL( 9@-E9CCKJ( %?CC N>;D9DCK( I7H=( -.9-( ;A=( 9 F788L ].=>=98( 17@P( &9H=J =H=A(M9>7CKA(M9A8;AJ(@9A NECC( ;GG( -.=( N>;H;@9-7H= 9AB(87A78-=>(<7-.(9(B=I>== ;G( 8E@=88J( %0M6( @;F=8 9@>;88(98(>=9CCK(SE7-=(B78R @;A@=>-7AIL( Q.=( ;ACK >=B==F7AI(G9@-;>8(9>=(-.= >;@P7=>( F;F=A-8( ;G !>F7+->K" 9AB( -7-C=( ->9@P 67"$ H-+"'3,+>0"J( <.7@. 8==(&;>A=>(B;7AI(.78(D=8M9--( $=CC9FK( 7FN>=887;A <.7@.( 78( D987@9CCK( ME8= F7AE8( -.=( @E--7AI( =BI=L Q.9-( -.=8=( I;( B;<A( 98 .7I.C7I.-8( 8N=9P8( G;> 7-8=CGJ(9AB(DK(-.=(-7F=(-.= 7A8-9A-CK( G;>I=--9DC=( 9AB @;FNC=-=CK(;E-(;G(@;A-=V7A8->EF=A-9C( 67>?$ ;>-*,("$ *"$ /&0"$ %&<$ HF,>3 @C;8=8( -.=( 9CDEFJ( 7-8( 9CC I;-( H=>K( B=8N=>9-= 7AB==BL( %0M6( F9K( D=( -.= 9C-=>A9-7H=L( $E-( EAC=88 K;E( C7P=( K;E>( #=N=@.= M;B=( >7NR;GG8( ;G( -.=( B78R -E>D7AI(P7ABJ(-.=(9C-=>A9R -7H=( 78A?-( 9C<9K8( 9( I;;B -.7AIL(((((((((((((((((((( ?(#-+<2;-*7

<(17%&+PO "Q@QCQ'QRQ <(17%& HI30 9(=

QO"( C9-=8-( 7A8-9CF=A-( ;G -.=(X9D>7@(8=>7=8(8==8(-.= $=>C7ARD98=B( #/( #E; <=9H7AI( 9( -9A-9C787AI -9N=8->K( ;G( B>=9FC7P= BEDJ(@>=9-7AI(9A(=-.=>=9C 9-F;8N.=>=( G9>( F;>= =VN9A87H=(-.9A(-.=(B7AIK @;AG7A=8( ;G( -.=( =N;AKR F;E8(@CEDL(5A(-.78(8=9FR C=88CK( F7V=B( @;FN7C9R -7;AJ( ML0L1L#L3L( B>;N( 9 FK>79B( ;G( 8ED-C=( D=9-8J 8C7@=B( -.>;EI.( DK 8A9P7AI(D988(C7A=8(F=>IR 7AI( 7A-;( 9( F=8F=>787AI F7A7F9C(I>;;H=L(0-(-7F=8 -.=( 8N9>8=( -=V-E>=8( 9AB EAB=>8-9-=B( G;>F9-7;A8 @9A( C=9A( -;<9>B8( -.= -=B7;E8T( .;<=H=>( -.= BE;?8( NC9KGECCK( =VN=>7R F=A-9C(9AB(=@C=@-7@(=BI= N>=H=A-8( 7-( G>;F( =H=> D=@;F7AI( 9( ->ECK( N=B=8R ->79A( 9GG97>L( %AB==B ML0L1L#L3L( N97A-( 9( H7H7B 7F9I=( ;G( B9A@=( FE87@ G>;F( 9( N9C9-=( ;G( B9>P =C=@->;A7@9J(<9>N=B(GEAP 9AB( 8NC7A-=>=B( B78@;L ].=A=H=>( K;E( G==C( -.= FE87@( G9B7AI( 7A-;( -.= D9@PI>;EAB( K;E>( @;AR 8@7;E8A=88( 78( ^9>>=B( DK 9A( EA=VN=@-=B( F;H=R F=A-(;>(N>;I>=887;A(9AB 7-( -.78( EAN>=B7@-9DC= A9-E>=( <.7@.( =A8E>=8 -.9-(-.78(>=C=98=(>=F97A8 9( 8->9AI=CK( @;FNEC87H= N>;N;87-7;AL @8(A+BA%30

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

O;<(B;(K;E(8N=CC( ]E(Q9AI(&C9A\ 9a(]E(Q9AI(&C9A Da(]E(Q9AI(:9A @a]EQ9Ab5bc5MZddefghd dd "F97C(K;E>(9A8<=>(-;( >=BD>7@PFE87@i.;-F97CL@ ;F

6*-%=*+;(=3$+.2#

#

6(3+?2;*7+F "(3(827 9#D*12G HI30 9(=

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


!"#$%&'($

!"#$!%&'()*++() ),-.(/0120!3(+44,

<"$1;$.61.<"-"%,$E d@QM@($?>:FB ?A=(1@MM@(#?H@:8A -977(P: <.?-E:(.8-(?A=(<.?-(:.8P7=(F9(:.8-

=(6&,$%.B,6:.!"3$ B5$;"+(

&78-.9:(;.8< *+&,($$-./+(0$1.2"3$%.4%.+.1$561&

<"$1;$ =(4&;,. >+2% ? :P>9K( @-E:( -.9( 79?:C>?Q-@Q?7( F?G( ?>8PA=K( ?A=( -.9( 8A9 B8P(?>9(J8:-(7@M97B(-8(79?H9(C7?Q9:K FP-( :8J9.8<( @-E:( H9>B( >@G.-K( >@G.A8<I =+954%. <+19$1%@. A+10$& ? BPJJB( F>9?=K( Q.9QMI( /?J( D8> X>?A=J?K( Q.9QMI( c997LG88=( V%L:PCL C8>-L78Q?7LFP:@A9::E( D?Q-8>K( Q.9QMI R.?-E:(A8-(-8(7@M9S B0""-2. ? -.@:( B9?>( -.9( 07C:( .?: :8J9I( c@A?77BI( _7P:( 9H9>B-.@AG( @: >@G.-(?F8P-(?C>e:L:M@I("H9>B-.@AGI

56"( &78-.9:( ;.8<( =>?<: @A(?77(-BC9:(8D(D?:.@8A@:-? ?:(@-E:(-.9(F@GG9:-(D?:.@8A 9H9A-( 8D( -.9( B9?>I( %=9J8A:->?-9:( ?77( -.?-( @: G88=( @A( D?:.@8AK( <.9-.9> .@G.L:->99-K(=9:@GA9>K(H@AL -?G9K( F9:C8M9( 8>( ->9A=L 79=K( =@H9>:@-B( @:( >@D9N( %F>@AG:( @A( -.9( G>9?-( ?A= -.9(G88=(D>8J(-.9(D?:.@8A <8>7=I( 69>9( ?>9( JB( .@G.L 7@G.-:( D>8J( -.9( &78-.9: ;.8<( +44OK( A8-( :P>C>@:L @AG7BK( @AQ7P=@AG( Q979F>@-B :@G.-@AG:(?A=(-.9(>?AG9(8D ?7Q8.87(8A(8DD9>N

;.8CC@AG( @:( -.@>:-B <8>MK( FP-( A8-( -8( <8>>B F9Q?P:9( -.9>9( <?:( C79A-B 8D( ?7Q8.87( 8A( -?C( -8( -?M9 -.9( .9?-( D>8J( JB( D99-I R?A-9=( ?( G8::@C( 8H9>( ? G7?::(8D(FPFF7BS(5.9A(-.9 !"#$% &'(')*+" &.?JC?GA9($?>(D8>(?(.@A8D( G7?J8P>( ?A=( D@TT( 8D G8::@C( <?:( -.9( C9>D9Q>9:C@-9( :C8-I 07-9>A?-@H97BK( D8>( ?( -8PQ. 8D(Q7?::(<@-.8P-(-.9(DP::K %(->@9=(-.9(0:C?77(&8QM-?@7 ?A=( &@=9>( U8PAG9I( 0:( ? R9:-(&8PA->B(G@>7K(%(7@M9(?

88=@%. !"#$%&##&# ? 5P9:=?B( @:( -.9 A9<K( <977K( <.?-9H9>( A@G.-( <?: B8P>( V5d( A@G.-E( @A( +44Of &*4/5"44"4 @:( gP@-9( D>?AM7B( ?<9L :8J9I(&7P9E:(@A(-.9(-@-79I C$;';("-2. ? D@A?77B( -.8:9( 78H97B F7P9(?A=(G>99A(F@A:(.?H9(7?A=9=(@A 8P>(D>8A-(G?>=9A:h(2;"(56"\I B5";$. D"1(%. ? D@9>Q9( -.9AK( D@9>Q9 A8<I( 18-( :8( M99A( 8A( -.9( .?:.( ^8F 8D( ?( :@AG79( FP-( Q?-Q.@AG( G87=9A 87=@9:( @A( Q8AQ9>-( C>8J@:9:( -8( F9 ?J?T@AGN '&%(&# ?.-.9(:9Q8A=(:9>@9:(.@-:(P: -.@:( B9?>( ?A=( A8-( ?( J8J9A-( -88 :88AI( &8A:@=9>@AG( _9-9>( .?=( -.9 P7-@J?-9( G@D-K( .@:( <@JCB( :8P7L :9?>Q.@AG(<?:(C>9--B(C88>(?A=(<9 Q?A( D@A?77B( 788M( D8><?>=( -8( :8J9 .?>=Q8>9(.9>8(?Q-@8AI(

<"-"%,$E =695$&"&"3$. F$:. G$+1@%. H3$. %&6I 1"$%.? [%(C?::9=(8P-(@A(?(-8@79-(QPF@L Q79(.?H@AG(<9-(JB:97D]K([%(-.>9<(PC ?77( 8H9>( JB( F8BD>@9A=E:( JPJ]K( [% <?A=9>9=( 8DD( ?A=( D977( ?:799C( @A( ? =@-Q.](9-QK(9-QK(9-QI(39:K(B8P(?>9(?77 :8( H9>BK( H9>B( Q887K( <.?-( ?A( ?JP:L @AG( ?A=( J?-P>9( <?B( -8( <97Q8J9 -.9(19<(39?>(Z(-977(9H9>B8A9(?F8P@-I J,$. %+($%. ? @D( B8P( .?H9( -.9 C?-@9AQ9K(G88=(8A(B8P(Z(<9(=8AE-I R?7M@AG( @A-8( 58C:.8C( 8>( 6i\ F>@AG:( 8A( Q.@DD8AL@A=PQ9= .9?=?Q.9:Y(R63(@:(-.9>9(:P==9A7B :8(JPQ.(Q.@DD8AS K4&1+2$64%. %,6$%. ? PA:P>9( @D -.9BE77( J?M9( -.9@>( J?>M( 8A( -.9 .@G.( :->99-K( FP-( @D( -.9B( =8K( :-99> Q79?>I( c8>( =9-?@7:( :99( $?79AQ@?G?E: 7?-9:-( ?=H9>-:III( :C?Q9L?G9K( A98AK G7?=@?-8>S /+"%&;6+&%.? <9A-(8P-(?(788888AG -@J9(?G8K(B9-(C98C79(?>9(:-@77(<9?>L @AG( -.9JI( ":C9Q@?77B( Q7PFF@AGK @A-9>9:-@AG7BI( 5.9B( ?Q.@9H9( 7@--79 8-.9>(-.?A(9JC.?:@:@AG(B8P>(JPDL D@AL-8CI(U9?H9(@-(?-(.8J9I F$:.G$+1.1$%6(4&"6-%.?.<.B(=9-8W <.9A( B8P( Q?A( >9-8WS( !?-.9>( -.?A G@H9( PC( BPJJB( -.@AG:( -.?-( G@H9 B8P(-.9(<@77(-8(7@H9(=P>@AG(-.9(=?>M ?A=( =9C>9::@AG( <@A-9>K( >9C7?Q9 -.9J( <@-.( 9H9A( J8>9( BPJJB -.@AG:I(0(Q.?AG9(@:(?:(G88=(?:(>9:-K ?( Q.8Q87?-9( Q?M9( @:( ?:( G88=( ?:( ? Q.8Q87?-9(F?>K(:8>-(8D(-.@AGI

!"

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

=(6&,$%.B,6:.!"3$.B5$;"+(

5.9(c?:.@8A(5.9?->9 76.8169"(6:.%,6:%.4%.,6:.&6.%&$+(.%&'($.#169.&,$.;+&:+(0 56"( &78-.9:( ;.8<( U@H9 +44OK( -.9( 9H9A-( -8( J?M9 ?AB( D?:.@8A@:-?E:( :8Q@?7 Q?79A=?>III( 8>( ?-( 79?:-( -.9 8A9:( 8D( -.8:9( <.8( Q?AE?DD8>=( -8( G8( -8( \@7?A( 8> _?>@:I( 5.9( D@>:-( :.8<( 8D -.@:( D9:-@H?7( 8D( D?:.@8A `?A=( D?FP78P:A9::a( <?: D@779=( <@-.( A8@:B( :Q.887L G@>7:K( 8H9>L9A-.P:@?:-@Q ^8P>A?7@:-:( ?A=( @A-9>A: ?A=K( 8D( Q8P>:9K( -.9( ->P9 ^8B( 8D( -8C79::( J?79( J8=L 97:( C>8^9Q-9=( 8A-8( ?( F@G :Q>99A(?F8H9(-.9(Q?-<?7MI 5.9( -.@AG:( %( .?H9( -8( =8 D8>(-.@:(^8FIII $P-( <.?-( %( b?.9Jb >9?77B( <9A-( D8>( <?:( -.9 D?:.@8A( -@C:I( 0( DP77BL D79=G9=( C?>?=9( 8D( -.9JK -8( F9( C>9Q@:9I( ( 0A=( -.9:9 8A9:(J?B(F9(@A-@J@=?-@AGK FP-(?>9(9?:B(-8(->?A:D9>(-8 :-P=9A-(:-B79I c@>:-( PCK( J?:QP7@A9 Q.@QI(\9A(.?H9(F99A(788ML @AG( G88=( @A( PA@D8>J( ?A= :P@-:( D8>( =9Q?=9:K( ?A= 8AQ9( ?G?@A( <8J9A( Q?A -88I( \@7@-?>B( Q.@Q( G9-:( ? F@-( 8D( ?( -<@:-Y( ^8=.CP>:K -.8PG.( A8-( <@:9( PA79:: B8P( ?>9( ?( <?@DK( >@=@AG F88-:(?A=(79?-.9>(^?QM9-:K =>9::9:(?A=(:M@>-:

D8>( -.8:9( <.8( =?>9I( c8> -.9( 79::( =?>@AG( 8D( P:K( -.9 -?@78>9=( -PW( @:( D@>J7B F?QMK( -8( .97C( P:( -P>A( PC -.9(.9?-(@A(-.9(8DD@Q9(?A= -.9A( G8( :->?@G.-( -8( -.9 F?>I( R?@:-:( ?>9( ?7:8( ?( M9B 788M( 8D( -.@:( B9?>E:( Q?-L <?7MI(c8>(-.8:9(8D(P:(-.?.?H9(-.9JK(G>9?-K(?A=(D8> -.8:9( 8D( P:( -.?-( =8AE-.9>9( ?>9( <?B:( -8( Q>9?-9 -.9( @77P:@8AI( 0AB8A9( <.8 .?:( :99A( ;-( 5>@A@?AE:( `=8 :99(@-K(!P::977($>?A=(@:AE@A( @-( D8>( -.?-( 78AGa( <@77 .?H9( D?779A( @A( 78H9( <@-. 69?=( X@>7( '977BE:( .@G.L <?@:-9=( C9AQ@7( :M@>-( ?A= D@--9=( <.@-9( :.@>-I( c@GP>9L .PGG@AGK( F8=BLQ8A-8P>L @AGK( 9JF>?Q@AG( -.9( @AA9> G8==9::III( <.?-9H9>( B8P Q?77(@-K(+44,(@:(:9-(-8(G@H9 P:( ?A8-.9>( G88=( >9?:8A -8(78H9(B8P>(QP>H9:I( 5.@:( B9?>( @:( ?77( ?F8P:.8<@AG( 8DD( <.?-( B8P .?H9I( ;M@>-:( 8A( -.9( Q?-L <?7M( <9>9( 9@-.9>( F?>97B -.9>9K( D788>L79AG-.( 8> :M@AL-@G.-K( ?A=( =>9::9: -88M( JPQ.( -.9( :?J9 ?CC>8?Q.K( <@-.( J9-?77@Q: :-@77( C8CP7?>( 78AG( ?D-9> -.9(C?>-B(:9?:8AI 5.8PG.( <9( .?H9 -.?AMDP77B( :?@=( G88=FB9

-8( APL>?H9K( -.9( V,4:K( @A -.9@>(:78G?AL5L:.@>-9=K(>?L >?( :M@>-9=( G78>BK( ?>9( F?QM <@-.( ?( >@8-8P:( :C7?:.( 8D Q878P>I( 0>8PA=( -.9( J@=L =79( 8D( -.9( :.8<K( -.9 =?AQ9>:( ?CC9?>9=( @A( ? >8779>L=@:Q8(J8A-?G9(Q7?= @A( Q78-.9:( &BA=@( U?PC9> <8P7=(F9(C>8P=(8DK(<.@79 -.9( J8=97:( :7@AM9=( =8<A -.9(Q?-<?7M(@A(?(<@=9(H?>@L 9-B( 8D( F>@G.-:I( !9=( @:K( ?: ?7<?B:K( C?>-@QP7?>7B( C8CL P7?>(?A=(F>@77@?A-(D8>(J?ML @AG( ?( :-?-9J9A-Y( Q?A?>B B9778<Y( 7?:-( B9?>E: D?H8P>@-9( CP>C79( ?A=

C@AMK( ?A=( =99C( F7P9( ?>9 ?7:8( C8CP7?>I( ;C7?:.9:( 8D Q878P>(<@77(J?M9(-.9(=>9?L >B( <@A-9>( J8A-.:( JPQ. 9?:@9>( -8( F9?>K( PA-@7( -.9 :PJJ9>(J8A-.:(G@H9(<?B -8( ?( D78?-BK( Q.@DD8AL-BC9 D?F>@Q( -.?-( :-8>9:( 7@M9 \@::( ;97D>@=G9( :99J( -8 .?H9( ?( J8A8C87B( 8AI ;.@>-:( ?A=( -8C:( ?>9( @A F>@G.-9>( :.?=9:K( FP-( :-@77 M99C( <@-.( ?( -9>>?Q8--? F?:9(L(C9>D9Q-(D8>(M99C@AG Q887( B9-( Q.@QK( ?A=( 9H9A @=9?7( D8>( 9H9A( D8>( ?77( -.9 D?:.@8A( Q8A:Q@8P:( J9A 8P-(-.9>9N

B6.&,"%.94%&.>$.;,41;,MMM.N,6&6O.J$EE'.A+1%,+((


!!!"#$%&'($

!"#$!%&'()*++() ),-.(/0120!3(+44,

*$+(&,-+./-0$+1&'

*4(;@:7-9(;<G9>D9?

<#1-<#$+=,7 >+>>($%-+>71&-("#$-+./

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

@7&$-#473-&,$-A/"&74

E>?:9?(>=(H>7?(9H9(F<6.96 ->(@;@-<-9(&<-.9?@:9([9-< />:96\( F>>G( @:( !"#$%&'J 3>7(:998(:>-(6C9:8(<(F>>=( ;>:9H( >:( ;<6E<?< L9E<769(-.9H(:998(->(L9 ?9CF<E98( ?9A7F<?FHJ( 06( < L9:E.;<?GN(%(I>7F8(?9EK >;;9:8( ?9CF<E@:A( H>7? ;<6E<?<( >:E9( 9D9?H( 6@B ;>:-.6J(( 3>7( E<:( <F6>( A@D9 <8898( 9;C.<6@6( ->( H>7? 9H9F<6.96( LH( A>@:A( >D9? H>7?(;<6E<?<(I@-.(<:(9H9K F<6.( E7?F9?J( ( M@:<FFHN( < 6]7@?-(>=(C9?=7;9(?9<FFH 8>96( <88( -.9( =@:@6.K @:A( ->7E.( ->( H>7? F>>GJ((M@:8(H>7?(@89<F C9?=7;9( E>;C<:@>: LH( 6]7@?-@:A( <( L@-( >= C9?=7;9( >:( H>7? I?@6-6( <:8( F9<D9( -.9 6E9:-( =>?( <L>7-( .<F=( <: .>7?( ->( <:( .>7?( <:8( @= H>7( 6-@FF( F@G9( @-( H>7( .<D9 =>7:8(H>7?(C9?=7;9(C<?-K :9?J(%:8998N(-.@6(;<G9K7C ?>7-@:9( @6( =@:9( ->( 769 8<@FH(<:8(E<:(L9(<E.@9D98 @:(F966(-.<:(.<F=(<:(.>7?O( P.@6(?>7-@:9(@6(:>69-( @:( 6->:9R( -<@F>? -.@6( ->( H>7?( @:8@D@8K 7<F( :9986( 7:-@F( @-\6 C9?6>:<F(->(H>7J

(76$??? !"&"1P^3N( %( ?9<8( -.9 =@?6-( ^@=96-HF9( 98@->?@<F >=(+44_J(%-(I<6(F@G9(?9<8K @:A( <L>7-( <( 8@==9?9:C9?6>:K( %( I<6( =7FF( >= L9<:6( <L>7-( F9<?:@:A( -> 8?@D9N( 9F@;@:<-@:A( ;9<=?>;( ;H( 8@9-( <:8( ;H E?76.(>:(<(M>?L@889:J( M<6-( =>?I<?8( <( H9<?N <:8( %( 6-@FF( .<D9:\C<6698N(M>?L@889:(<:8(% I9:-(>7?(69C<?<-9(I<H6N L>H=?@9:8( E<;9( L<EG <:8(=>?-.(<:8(%(.<D9N(@: <88@-@>:N(6->CC98(9<-@:A ;>6-( 8<@?H( T;@:76 E.9969K(%(I@FF(:9D9?(A@D9 7C( ;H( C?9E@>76( =9-<N( >? C?9E@>76( L?@9N( >?` E.9969N(L<6@E<FFHUJ( %-(@6(;H(6<8(87-H(-> ?9C>?-(-.<-(-.<-(9:-.76@K <6-@E(H>7:A(-.@:A(>=(F<6H9<?(.<6(;>?C.98(@:->(< -@?98( <:8( Z<898( A?<::HK L9=>?9K.9?K-@;9J( QH =?@9:86( <:8( =<;@FH( .<D9 <FF( E>;9( ->( -.9( 6<;9 E>:EF76@>:R(%(<;(8?H(F@G9 -.9( S<.<?<J( 0:( <:-@K 6>E@<F( .9?;@-J( %( 8?@:G( < F>-(F966(T6.>EG(.>??>?UN(% 8>:\-( A>( >7-( <:HI.9?9

<:H;>?9( T<:8( %( ;9<:N <:HI.9?9U(<:8(%(<;(A9:K 9?<FFH( AF798( ->( 6>;9 -HC9( >=( 9F9E-?>:@E 89D@E9(T@J9J(-.9(PW(>?(;H F<C->CUJ( %=( %( .<8( <( 19I 39<?\6( ?96>F7-@>:N( @I>7F8( L9( ->( a89A?<::@K =H\J( S-<?-( L9.<D@:A( F@G9 -.9( D@L?<:-( <F;>6-( +) H9<?K>F8(-.<-(%(<;O( %-\6(:>-(<FF(8>>;(<:8 AF>>;N( %( .<D9( <( A?9<89<F( ->( F>>G( =>?I<?8( -> -.@6(H9<?(<6(I9FFJ(%(6.<FF L9( +)( <:8( 6>( %( E<:( -<G9 ;H( C>6-C>:98( -?@C( -> 19I(3>?G(<:8(C<?-H(I@-. E?<YH( <L<:8>:( TS99b( % E<:( 699( ;H( I?@:GF96 ?9E98@:A( <F?9<8HOU( 0=-9? <FF(-.<-(-@;9(%(F>:A98(-> L9(F9A<F(@:(-.@6(E>7:-?HN %( .<8( ->( I<@-( <:>-.9? -.?99( H9<?6( ->( L9( F9A<F >:(<:>-.9?(E>:-@:9:-J( %:( <88@-@>:N( %( =>7:8 -.@6( @:E?98@LF9( 89<F( =>? -.9(#>;@:@E<:(!9C7LF@EJ S9D9:(:@A.-6(@:(/7FHN(cdN <FF( @:EF76@D9( =>?( ec44b( % I>7F8( L9( 6@FFH( ->( :>6:<C(-.<-(7CJ(XF76N(%(F>>G C?9--H(.>-(@:(<(L@G@:@O


!"#"$%&%'(

!"#$!%&'()*++() ),-.(/0120!3(+44,

!"

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eL.> .7L( P>>:( 9DD>8><( 9:> ?76:( =6=A( 7( <76FB( L.9IR WE8( VZ( L-78L( .7H>( <9:> 7?7T6:=FB(I>FF(6:(-.>(2Y(Q F99G( 7-( &9I>FFA( &7-( 7:< 0::>( !9P6:L9:Rf @9I>H>8A( 7FF( B9E( -". -/)&01/ D7:LA( <9:M-( L-78G6;G6:=( EO( 7( DELL( B>-A P>;7EL>( #7H6:7( 6L:M-( <6LQ 7OO>786:=( Q( L.>ML( L-6FF ;9:-87;-><( -9( .9L-( -". -/)&01/ g(-.6L(LE??>8R %:( ?98>( -".$ -/)&01/ :>ILA( 7OO78>:-FB( -.>

P9LL>L( .7H>( <>;6<><( -9 7U>( (1#1D/"&8$ -".$ -/)&01/ D98(=99<(7:<(;9:;>:-87-> 9:(-.>(-87<6-69:7F(L.9I(6: -.>( LE??>8R( VZ( ;.6>DL ;.9L>( -9( L;87O( -.> (1#1D/"&8$ -".$ -/)&01/$ D98Q ?7-( D98( (1#1D/"&8$ E"F,3* -.6L(B>78(7D->8(-.>(;9:-89Q H>8LB( LE889E:<6:=( F7LB>78ML( L.9IR( (1#1D/"&8 E"F,3* .7L(D76F><(-9(P86:= 6:( -.>( H6>I>8L( ^LE8O86L> LE8O86L>X_R( 0( (0,CC1#$ G 6:L6<>8(L76<(eV.>(;9:;>O9D(&$$(6L(=8>7-A(PE-(6-(I6FF P>(H68-E7FFB(6?O9LL6PF>(-9 =>-( ;>F>P86-6>L( -9( L6=:( EO D98( -.>( L.9I( 7D->8( >H>8BQ -.6:=(-.7-(.7OO>:><(I6-. /7<>( 7:<( Y.6FO7Rf( 0FF >DD98-L(78>(:9I(P>6:=(OE6:-9( -".$ -/)&01/ g( -.6L LE??>8(-9(?7G>(LE8>(6-(6L 7( 87-6:=L( .6-R( 0..X( V.7;F786D6>L( I.B( 7FF( -.>( O>9Q OF>( 6:( -.>( `;>F>P86-BM .9EL>(78>(7L(8>;9=:6L7PF> 7L(-.9L>(6:(7(OLB;.9-.>8Q 7OB( =89EO( ?>>-6:=( D98 L>FD(;9:D>LL><(8>;FEL>LR(%7FF(?7G>L(L>:L>(:9IX 0D->8( <96:=( 7( L.9I I6-.( L9?>( 9D( -.>( -.> I98F<( ?9L-( ;7FF9EL( ?E8Q <>8>8LA(87O6L-LA(>-;R(h9E6L V.>89EU(:9I(I7:-L(-9(<9 9:>( I6-.( -.>( :>U-( P>L-.6:=d( @>7-.>8( ]6FFLR h9E6L( V.>89EU( .7L( L76< -.7-( .>( I9EF<( F9H>( -9 ?9H>(6:(I6-.(7:<(<9(7(VZ L.9I( 9:( c7EF ];&78-:>BML(>UR(h9E6L(.7L I86-->:( -I6;>( -9( -.> @,C3"C.$ A"&0$ <&,/B L-78A PE-( .7L( B>-( -9( 8>;>6H>( 7 8>OFBR(h9E6L(-9F<(201$<6Cd eY.>M<(P>(D7L;6:7-6:=R(Y.> :>><L(-9(L.9I(.>8(L6<>(9D -.>( L-98B( I.6;.A( D98( 9:> 8>7L9:( 98( 7:9-.>8A( 6L:M;9?6:=(-.89E=.R(%(.7H>:M.>78<(P7;G(L9(D78Rf V.7-ML( B9E8( F9-R( %MFF ;9:-6:E>( -9( -8B( 7:<( G>>O 6-(D8>L.(D98(B9E(7FFA(6:(-.7I.6;.( 6L( O8>--B( ?E;.( 7: 6:<EL-8B(9D(<>;7BR(((((

ZK-12&[+H(+\2'/%#" S15"U+!6;.78<(]7<>F>B W="U+j)( K-12+K%=(U+V7E8EL MCCLA1-%'(U+ '6:=( 9D <7B(-6?>(->F>H6L69:(^-9B P9B(-9(/E<BX_ Q']]*U #8>LL6:=( EO( 7L 0F6(\ !%&@0!# ]7<>F>BA( .7FD( 9D( -.>( ?9L-( D7?9EL( ":=F6L. F9H>( L-98B( >H>8( -9F<( Q( -.7-( 6L( !6;.78<( 7:<( /E<BR( V.>B ?>-( 6:( )g,+( 7-( \87:7<7( Y-E<69Li( 6-( I7L( F9H>( 7-( D68LL6=.-A(>H>:(-.9E=.(-.>B(I>8>(P9-.(?7886><(7-(-.>(-6?>R /E<B( 7FF>=><FB( 6:-89<E;><( .>8L>FD( -9( .6?( 7L( .6L ?E??B(7:<(.7L(:E8-E8><(.6?(>H>8(L6:;>R(V.>B(I>:9:( -9( O8>L>:-( H"30,/5$ ,C5$ I658R( 7D->8( .9L-6:=( %VZML 20"B$ J)/C"C.R( ]7<>F>B( I7L( 7;NE6--><( 9D( L.9OF6D-6:= ;.7?O7=:>(D89?(V>L;9(6:()gg[(7:<(DE8-.>8(F6H><(EO(-9 .6L( 8>OE-7-69:( 9D( P>6:=( >U;8E;67-6:=FB( >?P7887LL6:= I.>:(.>(L76<(-9(-.>(>UQO8>L6<>:-($6FF(&F6:-9:(e%(I7L(6: 7(L6?6F78(O9L6-69:(-9(B9ER(%(I7L(7;;EL><(9D(L.9OF6D-6:=R $E-(E:F6G>(B9EA(%(G:>I(%(I7L(6::9;>:-(RRRf(

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

.9EL>R( %( F9H>( !ELL>FF $87:<( 7:<( L9( -E:><( 6:R( % >:S9B><( -.6L( .9E8( 9D DFBK9:K-.>QI7FF( :9:L>:L> PE-( %( 7?( ;9:H6:;><( -.6L I7L( <E>( L9F>FB( -9( ]8 $87:<R( 5.>:( -.>( L.9I >:<><( 7:<( -.>( :>U;>F>P86-B( .6S7;G>8( I7L 7::9E:;><A( /9.: ];&8686;G( ^C_A( %( G:>I( % I9EF<:M-( I7-;.( 7:9-.>8 >O6L9<>(6:(-.>(L>86>LR V.6L( I>>GA( %MH>( L>>: -.>( 7<H>8-( D98( -.>( :>I L>86>L( 9D( 2)/304))5A( 7:< 6-( F99GL( 7I>L9?>R 0?7T6:=FBA( -.>BMH>( ?7:Q 7=><( -9( =>-( /7?>L ]7L->8LA( `YO6G>M( D89? -6778$ &01$ 9,:;"/1$ <#,81/ 7:<( $87<D98<( ]>7<a&7F>P 16;.9F( D89?( =.#8 -1&&8>201$ ?( -9( 7OO>78R V.6L( LE8O86L>L( ?>( L9?>Q I.7-( 7L( %( <6<:M-( -.6:G 2)/304))5 I7L( O9OEF78 >:9E=.( 98( >H>:( =99< >:9E=.( -9( I7887:-( -.>L> 0?>86;7:( VZ( L-78LA( PE7OO78>:-FB(6-(6LR(%(L.7FF(P> -E:6:=(6:R &.86L-?7L( VZ( F7L-

56-.('7->(YE??>8L

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b( 9.A( <7?:A L988BA( @E=.X( ]B( D8>> 87:=>(F6D>(L.7FF(L-78-(7D->8 <6::>8X

4'2-D+W+3''<EEE V@"( D9FF9I6:=( 6L( D98( B9E8 >:->8-76:?>:-( -.6L( I>>GA PE-( 6D( %M?( .9:>L-A( 6-( .7L P>>:( LF6?( O6;G6:=LR ]7BP>( VZ( EL><( EO( 6-L( `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

9''8+'#;+9'28+="-&+-'+=2%A&+X%-D+&'5"+5'2"+5"1-Y R'(81*+>.?0+JJE?GA5OA(6<9>L( I.7-( 6-( L7BL( 9:( -.> -6:R( 08>( B9E( ;E869EL( -9 G:9I(I.7-(.7OO>:L(I.>: 7:6?7FL( =9( P7<C( V.9E=.L9R( !L"&81*;& S1-L2" KD'C< 6:H>L-6=7->L( 7 LO7->( 9D( P>78( G6FF6:=L( 6: 3>FF9IL-9:>( c78GA( ;EF?6Q :7-6:=( 6:( 7( P>.>7<6:=R VE8:L( 9E-( 6-( ?6=.-( .7H> P>>:( 7( <9?>L-6;( >7%$"0 TA5OR(598-.(7(F99GR(J89? 7:6?7F( 9:( 7:6?7F( PE-;.Q >8B( -9( 7( 897<( G6FF( <>F6Q

;7->LL>:(-.6L(4"8("&81*U %:( 4'(8"2#1(8A( 08-.E8 $9B-( -7G>L( -.>( 9F<( 7<7=> I7L->( :9-( I7:-( :98( -9( 7 I.9F>( :>I( F>H>Fd( .>( >7-L 897<( G6FFR( c6-B( .6L( O998 H>=>-7867:( I6D>( >,,.N0 @EVGA5OE+ 598-.( 7( F99G 7:<(7(;.7:=>(9D(<6>-C 7%'(1+.''A"2


24 "#!#$%&'()*&+

!"#$!%&'()*++(! ),-.(/0120!3(+44,

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

%-N<( ;BB( MAF( ;FJ( G;>=< J?:F( 5;BM?CJ( :;H( -.6< :==L( YD)+3&7%&/+0 226: <'70E0>/$0C.*;0)7%0"-&+ E0 "1-/+0 ?@AB.*W( ;<

!?FF6=( DC=;L<( 6F-?( -.= OBAD( -?( M6FJ( /;OLE( ?FBH( -? M6FJ( -.;-( .=( .;<( J6<;@I @=;C=J( -.C?AG.( -.=( M6C= =]6-K( "]O6-6FG( <-AMM[( P.6BN< 6F( -C?ADB=( :6-.( .6<( >?-.I =CE( ;M-=C( P=GGH( M6FJ<( ?A-.;-(.=(<?BJ(-.=(&;C(Z?-(-? /;OLK(#;:F(6<(-6JH6FG(/;HN< D=JC??>(:.=F(<.=(M6FJ<(; MB6OL( LF6M=K( 8.?OL=J( DH .=C( J6<O?R=CHE( <.=( -=BB< /;<=K( T=;F:.6B=E( ^;_=BN< :?CC6=J(-.;-(T6F-H(J?=<F\:;F-( -?( G=-( >;CC6=J( F?: <.=N<(<AGG=<-=J(;(&?AF-CH ;FJ( 5=<-=CF( -.=>=( Y% :?FJ=C(:.HQWK(

7R=C( 6F( F'55G')H+ 861)77&50 I0 <'7J>/$ K@AB.*L; U6F;( M6FJ<( ?A<.=( 6<( @C=GF;F-( :6-. /;O`A6( ;FJ( U?FHN<( D;DHE DA-( :6BB( -.=C=( D=( ;F?-.=C TOaA==F( 6F( &.=<-=C( ;< T=CO=J=<( ?MM=C<( -? ;CC;FG=( ;F( ;D?C-6?F( M?C .=CK(U.=(F=:(@<HO?(6F(<?;I @B;FJE( /;L=E( -;L=<( 1;FOH ?F(;(C?>;F-6O(.?B6J;H(-?KKK -.=(P=;L(#6<-C6O-E(DA-(;BB(6< F?-( :=BB( ;<( &.;CB6=( =FJ<

A@( 6F( .?<@6-;BK( &;C>=B -;L=<( .=C( M6-F=<<( -=<-( -? G=-( 6F-?( -.=( @?B6O=( M?CO= DA-( -.=F( 6<( -??( <O;C=J( -? B??L( ;-( .=C( C=<AB-<K( 0FJE 8;C;.(G=-<(;(JC6FL(-.C?:F ?R=C( .=C( ;M-=C( ;F( ;CGAI >=F-(:6-.(1;FOHK(

S6F;BBHE( 6F M&$(1N'-/+0 8226:0 <'7J >/$0 :@IO.*0 ;FJ O@AO.*LE =R=CH?F=N<( M;R=( -=;O.=C 8A<;F( G=-<( ;CC=<-=J( ;FJ =R=F( U?;J6=( Y6<( .=( -.= ?FBH(B;:H=C(6F(-.=(:?CBJQW M==B<( .=B@B=<<K( #=OB;F( 6< L6JF;@@=J( -.6<( :==L( DAJ?=<( ;FH?F=( C=;BBH( O;C=Q 5=BBE(6M(H?A(J?E(=R=CH-.6FG -ACF<( ?A-( M6F=( =]O=@7B6R=C( G6R=<( ;:;H( .6<( M?CI -AF=( -?( <;R=( #=OB;FK( U.= >?<-( J6<-ACD6FG( <-?CHB6F= ?M(-.=(:==L(G?=<(-?(X;BJ;E :.?(G=-<(;(F=:(C=OCA6-(M?C .=C( <=]H( ?FB6F=( B6FG=C6= R=F-AC=K P&++$Q)0D)/7+1)4

S'5%&70T5%$&@@@ 8:==-(X;BB=H(^6G. !"T"T$"!( :)""1( ;5##"+ <792Q( U.=( -=B=R6<6?F <=C6=<( Y/?<.( 9?BJ<-=6FW :;<( D;<=J( ?F( -.=( D??L< DH( SC;FO6F=( P;<O;B( ;FJ :;<( DC?;JO;<-=J( MC?> )bbc(-?()bb,K( S?C( M?AC( H=;C<E -.6< B6G.-I.=;C-=J( JC;>;( @C?I R6J=J( A<( :6-. <.;BB?: =F-=C-;6F>=F-( -.;-( %( ;> <AC=( ;-( -.=( ;G=( ?M( ;D?A-=FE >?<-( ?M( A< J=R?-=J -.6C-H( >6FA-=<( =R=CH 8;-ACJ;H(>?CF6FG(-?K

U.= .6G.( <O.??B O?>=JHdJC;>;E( :.6O. :;<( <=-( 6F( <AFFH &;B6M?CF6;E C=R?BR=J ;C?AFJ(-.=(B6R=<(?M(-:6F<E

/=<<6O;( ;FJ( "B6_;D=-. 5;L=M6=BJ( @B;H=J( DH $C6--;FH( ;FJ( &HF-.6; #;F6=BK(U.=(<6<-=C<(;B:;H< :=C=( G=--6FG( 6F-?( <?>= L6FJ( ?M( =>?-6?F;B( ;FJ >?C;B( -AC>?6B( :6-. "B6_;D=-.(-;L6FG(;(O?F<6JI =C;-=E( .=;C-M=B-( R6=:( ;FJ 6F( O?F-C;<-( /=<<6O;( J6<I @B;H6FG( J=R6;FO=E( -.= <-=C=?-H@6O;B(-:6F(J6<-6FOI -6?FK( U.=6C =`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ef =@6<?J=<K( 86FO=( :)""1 ;5##"+( <792E( ?F=( -:6F <6FO=(:=F-(?F(-?(<-;C(6F(; @=CMA>=( ;JR=C-E( ;FJ( F?>AO.( =B<=K( $A-( M?C( F?-.I 6FG( =B<=E( B=-N<( C=V?6O=( -.= -6>=( ?FO=( <@=F-( ?F 8;-ACJ;H( >?CF6FG<( :6-. -.=( 5;L=M6=BJ( -:6F<( ;FJ -.=6C( G;FG( ;FJ( ;BB( -.;>?C;B6<-6O( ;JR6O=( MC?> -.=( M;F-;<-6O( :?CBJ( ?M :)""1(;5##"+(<792K

<)%&5&$7&06)//'55

#$%&'()*&+0J0UBBC0V/&W$&4

,-.&/0 ,*)+10 2/'31&/+ 2/)45 566

<&3)5 S&)/0 ,'5$%0 IX S-7+0'Y031&0V)3/$'3+ P8*

='/5%0 'Y0 =)/Q/)Y3X =/)310'Y031&0Z$Q1 [$7( P&

\'QH 2)7% gD?](*f4E P8*E P8+

Z$335&02$(0V5)7&3 P8*

S/)7%0"1&Y30]-3'09# gD?](*f4E P8*

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

U^" ?FBH(-.6FG(<-?@@6FG G;>=C<(@ACO.;<6FG(;(P8* C6G.-(F?:(6<(D=O;A<=(-.6< G;>=( 6<( F?-( H=-( ?A-K( 0 D6_;CC=BH( ;G=J( ;FJ( =R=F >?C=( D6_;CC=BH( >?A<-;I O.6?=J( 8?B6J( 8F;L= C=-ACF<(-?(OB;6>(.6<(@=FI <6?F( ;FJ( M6F6<.( -.= <=C6=<(?FO=(;FJ(M?C(;BBK( !=;B6<-6O( <.??-?A-<E @.H<6O<( ;FJ( <-A@6JBH <-AFF6FG(R6<A;B<(@C?R6J= >?C=( -.;F( C=;<?F< =F?AG.( -?( D=( =]O6-=JK 2FB=<<(-.=H(@ABB(;F?-.=C !;6J=F( ?F( A<K( $=( C=;JH -?( JC?@( *44( F?-=<( ?F( ; P8*( -.6<( 8@C6FG( -?( ;FJ D;-.=(6F('?V6>;(G=F6A<K

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

Z%UUZ" $6G(PB;F=-(6<(R6<AI ;BBH( <-C6L6FGE( DA-( -.6<( 6< F?-( ;BB( -.=( G;>=( .;< G?6FG( M?C( 6-h( D=.6FJ( 6-< O?B?ACMAB( GC;@.6O<E( B6R=I BH( ;F6>;-6?F( ;FJ( GC=;>A<6O( 6<( ;F( 6FOC=J6DBH @?:=CMAB( ( OC=;-6R=( -??BK 3?A(<==E(Z$P(6<(;BB(;D?Ai=>=CG=F-( G;>=@B;HN( j 8?FHN<( M;FOH( F=:( DA__I :?CJ( M?C( :.;-( 6<( =<<=FI -6;BBH(;(O??@=C;-6R=(B=R=B =J6-?CK(T==-(H?AC(MC6=FJ< ?FB6F=E( A@B?;J( H?AC( B=RI =B<(;FJ(<.;C=(-.=(=]@=C6I =FO=K( 56-.( @?-=F-6;BBH AFB6>6-=J( C=@B;H( R;BA=E @711#"(679(C#5,"1 6<(?F=(?M -.=( >?<-( =]O6-6FG( B??LI 6FG( G;>=<( M?C( P8*( 6F +44,K((

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


"#$%&

!"#$!%&'()*++(! ),-.(/0120!3(+44,

!"

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

B;;89( 95G;( C;:9C;A-FK;> %@G( 5DD( -5( .6K;( 8FBB;: <F-.( 6( L.;F=.( N( .5C; -.;:;@9( 6( 8;A;B-( :;9-6EP :6B-(FB(L<FB85BI

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

,1-%/)*+ Y68( 6( KF9F-( D:5G( -.; C5HFA;>( 5E:( A;B-:;P.6HD 95G;.5<( G6B67;8( -5 M:;6=( .F9( Z6<( FB( -:6FBFB7 ?;9-;:86?I( 15( 9F7B( 5D( -.; A6C-6FBI(LOE68@9(H55=FB7(6 MF-( -.FB( D5:( -.;( <;;=;B8I L-FHH>( 5B( 6( G5:;( C59F-FK; B5-;>(6(B;<(CH6?;:(6::FK;8 -586?U(R;@K;(;K;B(M:5=;B -.;(AHEM@9(-:6B9D;:(:;A5:8U [EBB?( -.5E7.>( %( 85B@:;G;GM;:(G;B-F5BFB7(.F9 B6G;( -5( -.;( A.6F:G6B( N( % A6B@-( ;K;B( C:5B5EBA;( F-

D5:( -.6-( G6--;:I( 15-( 6 C:5MH;G( -.5E7.>( .;@9 M:5E7.-( .F9( 5<B( -:6B9H6P -5:( 6B8( .F9( 756H( 9A5:FB7 :;A5:8( 9C;6=9( D5:( F-9;HDI &.6F:G6B( H55=;8( 6( MF9.FD-?( -.F9( G5:BFB7>( %@G 9E:;(%(.;6:8(.FG(9C;6=FB7 \;:G6B( 5B( -.;( C.5B;I 09=;8(<.5(F-(<69>(VZE9-(6 D:F;B8( FB( &6HFD5:BF6W( .; :;CHF;8I( 15-.FB7( -5( <5::? 6M5E-I

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

"*&-%)*+ J6-A.(86?I(\H68(-5(9;;(-.; :;-E:B(5D(-.;(A6C-6FB>(8F8P B@-( 69=( <.;:;( .;@8( M;;BI Y;( .68( 6( 9-:6B7;( ;H;A-:FA

-67( 5B( .F9( 6B=H;>( 8F8B@69=( <.6-( -.6-( <69( N( D69.P F5BU( _.;( 76G;( 8F8B@-( 75 69( <;HH( 69( F-( A5EH8( .6K; 85B;I( 1;<( 9-:F=;:( B;;89 -FG;( -5( 68ZE9-I( Y;@9( 6 7558(H68>(.F9(.;68@9(FB(-.; :F7.-(CH6A;(P(9.6G;(6M5E-.;( 9CF--FB7I( R;( 8F8B@CH6?( -55( <;HH( FB( -.;( DF:9.6HD>(ME-(F-(<69(BFA;(5D(-.; 5<B;:( -5( C5C( FB( 6-( .6HDP -FG;I( %( -.FB=( -.;( CH6?;:9 :;6HH?(6CC:;AF6-;8(.F9(-6AP -FA6H( FB9F7.-I( #F8B@-( 7;-( 6 A.6BA;( -5( -6H=( -5( .FG G?9;HDI( %@K;( 6H<6?9( 96F8 F-@9(6(76G;(5D(-<5(.6HK;9I JFB8(?5E>(-.;(9;A5B8(.6HD 8F8B@-( 75( -55( <;HH( ;F-.;:I 1;<(9F7BFB7(GF99;8(6(9F-P -;:I(0B8(6(C;B6H-?I((L5G; -:5EMH;G6=;:( :6B( 5B( 6B8 -.:;<(.F9(9;695B(-FA=;-(6G;I( L.6G;>( -.6-( GE9.6K;(A59-(.FG(6(D;<(M5M(N <.6-( 6B( F8F5-U( _.;( D6B9 67:;;8>( -.;?( <;:;( A.6B-FP B7( V<.6-( 6( <69-;( 5D G5B;?W(D5:(-.;(:;9-(5D(-.; 76G;I

9E77;9-;8( <;( G;;-( H6-;:I LC;B-( G59-( 5D( -.;( 6D-;:P B55B( FB( -.;( A.6F:G6B@9 5DDFA;( <.;:;( <;( 9C5=; 6M5E-(T<.;:;(-.;(AHEM(<69 75FB7I@( Y;( 9C5=;( 6( H56M5E-(C55:(:;9EH-9>(G;8F6 9A6B86H9( 6B8( 6( A:FGFP

B6HF9;8( AHEM( A6C-6FBI( 15;B-F:;H?(9E:;(<.6-(.;(<69 5B(6M5E-(N(9HF7.-(H6B7E67; M6::F;:I( 0B8( -.;B( .; 96A=;8(G;(N(MF-(5D(6(9.5A= -5( M;( .5B;9-I( %@G( 5DD( -5 $6:M6859I( [EBB?( 5H8 76G;>(D55-M6HHI

"-()*+ \5-( FB-5( -.;( AHEM( ;6:H? -.F9( G5:BFB7I( &5ECH;( 5D MF`6::;( -.FB79( 75FB7( 5BI [5:( 9-6:-;:9( -.;:;( <69( 6 MF7( \;:G6B( A6:( FB( G? C6:=FB7( 9C6A;I( $F-( :E8;( N GF7.-( .6K;( 6( <5:8I( %( .68 -5(<6H=(6(H5-(DE:-.;:(-.6B E9E6H>( 6B8( F-( <69( :6FBFB7U \558( Z5M( %( .68( G? EGM:;HH6I(_.;B(%(A5EH8B@7;-( FB-5( G?( 5DDFA;I( \6K; -.;( A.6F:G6B( 6( :FB7>( .; 9;;G;8( 6( MF-( ;K69FK;( ME-

AB3:8"*5C83/8$(.8$D8&1.85*(*:.%C/8&$8D..68&1.8D$%9. $D83(9%.*/3(:8.@#.9&*&3$(83(8D$$&;*66

%B-:6PH;67E;(D55-M6HH(EC86-;( 4 $ ( * & 1 $ ( "355$(/ 6$$7/ *&8 &1.8 9-%%.(& 6.*:-.8 &*;6./8 3( &1.8.6.<.(=*=/3). 6.*:-./> 0L( -.;( &.:F9-G69( M:;6= FB-;::EC-;8( -.;( H;67E; 9;695B>(G6B?(-;6G9(<;:; 9-FHH( FB( -.;( :EBBFB7( D5: 7H5:?I( %B( -.;( ;H;K;BP6P9F8; ]:;GF;:( 8FKF9F5B>( M5-. 2$JL(0(6B8(L;HH?(0HH9-6:9 9-FHH( .6K;( )44a( :;A5:89 6B8( ( -.;F:( AH69.( 5B( *:8 [;M:E6:?( <FHH( 9;;GFB7H? 8;AF8;( -.;( 8;9-FB6-F5B( 5D -.;( A.6GCF5B9.FCI( L]"&L "HF-;( <FHH( D;;H( -.6-( -.;? 6:;(9-FHH(FB(<F-.(6(9.5E-(69 -.;F:(:EB(FBAHE8;9(6(76G; 676FB9-(-.;(0HH9-6:9>(.5<P ;K;:>( -.;F:( 8;D;6-( -5( -.; G;8FA9( ZE9-( M;D5:;( -.;

D;9-FK;( C;:F58( 9;:F5E9H? 8;B-;8(-.;(A.6BA;9(5D(-.; "HF-;(<FBBFB7(H;67E;(75H8I _&[&>( ^HF( &.6:H;9@( 5H8 M5?9( D:5G( L.6A=H;-5B 6B8( ]:F-A.6--9( .6K; ;B8E:;8(FBA5B9F9-;B-(9;6P 95B9(95(D6:(6B8(<FHH(9-:FK; -5<6:89(6(9-:5B7(DFBF9.(FB 6( MF8( -5( M:;6=( FB-5( -.; -5C(-.:;;I(J;6B<.FH;>(-.; b6<( 9A.55H( 6B8( -.; _;BBF9( &5E:-9( D:;9.;:9 <FHH( .5C;( -5( 7;-( 5DD( -.; G6:=( 6B8( 7:;;-( -.;( 1;< 3;6:( <F-.( -.;F:( DF:9H;67E;(<FB9I #FKF9F5B( ^B;( H55=9 FBA:;69FB7H?( HF=;( 6( -<5 .5:9;( :6A;( 69( %00( 6CC;6: -5( M;( D6K5E:F-;9( -5( CFC -.;( <;HHP8:FHH;8( L;HH?( ^6= _5<B( -5( DF:9-( CH6A;( 6D-;: _5<B@9( 8;D;6-( -5( 0F-=FB RFB7(FB(-.;F:(H69-(76G;(5D +44cI( 0F-=FB( <FHH( D6A; 9-FDD( A5GC;-F-F5B( D:5G "H76:( &5E:-( 6B8( [^&L^&> 69( <;HH( 69( 1F6HH( LEHH?@9 :;9E:7;B-( L5AF6H( LAF;BA; L5AF;-?( D5:( -.F:8( CH6A;>

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

?$53(398 ?*<3/ &*7./8 *8 6$$78 *& &1.8 1*##.(3(:/ 3(8 &1.8 /3@=*=/3). 6.*:-./8 */8 &1. &.*5/8 %.&-%(8 &$ *9&3$(> %1 -.;( .5-H?( A5B-;9-;8 9FdP6P9F8;( H;67E;9>( G6B? -;6G9(<FHH(M;(H55=FB7(D5:P <6:8(-5(<5:=FB7(5DD(-.;F: -E:=;?9( 6B8( 7;--FB7( M6A= -5(<FBBFB7(<6?9I _.59;( AE::;B-H? ;BZ5?FB7( -.;( <FBBFB7 D;;HFB7( <FHH( H55=( -5( A5BP -FBE;( <.;:;( -.;?( H;D-P5DD> <.FH;>( D5:( -.;( G6Z5:F-?> 8:;6G9( 6B8( .5C;H;99 6GMF-F5B9( G6?( FBK5HK; GF8P-6MH;( 9-6MFHF-?( 5:( 6 H6-;(-F-H;PCE9.I &E::;B-H?( 9F--FB7( -5C 5D( -.;( -:;;( <F-.( -.;( ;BK?

5D( -.;( 5-.;:9( 5B( 6 J5B86?( 6-( -<;HK;>( 6:; 0Z6d( _:;;985<B>( -.6B=9 G6FBH?( -5( 756H9( D:5G #FGM?H5<>( &.6:H-5B( 6B8 &EHHF76BI( %B( -.;( 5B; 5@AH5A=( H;67E;>( H69-( ?;6:9 :EBB;:PEC(16KF76-5:9(6B8 LLL( FB9CF:;8( M?( -.;( 7:;6D5:G( 5D( ]688?( JFHME:B 9.6:;(-5C(9C5-I ^B( 6( _E;986?>( 5:( -.; G5:BFB7(6D-;:(-.;(^A;6B6 BF7.-( M;D5:;>( YF9-5:?( 0 H;68( -.;( <6?( 6-( -<;HK;> <.FH9-( -.;( ;dC;:F;BA;8 J68( [&( 6:;( DFK;( C5FB-9 AH;6:(6-(5B;I RF-.5E-(85EM->(5B;(5D -.;(G59-(9EAA;9DEH(H;67E; -;6G9>( _.;( YE::FA6B;9> <F-.( 6( 756H( 8FDD;:;BA;( 5D CHE9( DFD-?P5B;>( 6:;( :EBP BFB7(6<6?(<F-.(-.;(H;67E; 5B( R;8B;986?( 6-( -<;HK;> -.6B=9( G6FBH?( -5( 9-6: 9-:F=;:>( ];-;( Y5:9<;HHI( 05B;>( F-( F9( GEA.( -F7.-;:> <F-.( J6CH;( $6B=( -.:;; C5FB-9(AH;6:I ^B(-.;(86?(5D(-.;(!F96

.6B75K;:>( 6-( -<;HK;>( -.; H6<( 9A.55H( 6B8( #/ ]:;996@9($68G;B(6:;(Z5FB-5C>( <.FH;( L;HH?( ]6:= !6B7;:9( 6B8( ^HF( &.6:H;9@ L.6A=H;-5B( $( 6:;( -5CCFB7 -.;(-<5(H6-;:(H;67E;9I ^B(6([:F86?(6-(-<;HK;> AE::;B-H?( -.;( G59-( 9EAP A;9DEH(-;6G9(FB(6B?(5D(-.; H;67E;9>( T^.( 3;6.( 1FA;@ 9F-(-5C(<F-.(-.;(5BH?()44a :;A5:8(FB(6B?(5D(-.;(8FKFP 9F5B9I( _.6B=9( G6FBH?( -5 9-:F=;9( D:5G( \FHH6:8( 6B8 6B( FGC:;99FK;( :;6:7E6:8 G6:9.6HH;8( M?( !FA.6:8 ]6:=;:( 6B8( TJ5B9-;:@( FB 756HI %B( -.;( H69-( H;67E;( 5D -.;( <;;=( 5B( [:F86?( 65B;>('12_e(H;68(-.;(<6? <F-.( 6( 5B;PC5FB-( H;68 5K;:(J6-.9(<.5(AE::;B-H? 5AAEC?(9;A5B8(CH6A;I \558(HEA=(-5(6HH(-.59; <.5(:;7EH6:H?(C;:D5:G(FB -.;( ;BZ5?6MH;( FB-:6P H;67E;(D55-M6HH(6B8(<6-A. -.F9( 9C6A;( D5:( DE:-.;: H;67E;(EC86-;9U


!" "#$%& ,-*+*01/2342+34+5%3561&+2$41+&$$+7-%8

W#MCW7EX$HINN$! HY+5$U>Z[>W\$NSSY

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

<.$'.10$*,$(1)(%&1+,$,-)5 *,$ +5&$ )-22&1+$ .1&$ (1 >-,+2*'(*$2&6*(1$2*2&$*1% (1,-'+,$ 2&'*+(10$ +.$ 2*)&9 2&'(0(.1$ .2$ 1*+(.1*'(+=$ %. 1.+$ :&).6&$ ,+*1%*2%

82*)+()&9$ +5&2&$ (,$ 1.$ 2&*? ,.1$ 45=$ ,'&%0(10$ ,5.-'% 1.+$ 2&6*(1$ *1$ (68.2+*1+ *,8&)+$./$)2()3&+A

,-%9(-:-4+ "342(+ 734/*+ (3;*107+ -&+ &(1+ 514&%1+ $7 5%3561&342+5$4&%$<1%*)=


Sport

REDBRICK 1322 / 18th JANUARY 2008

Stuart on a pilgrimage to the top

27

George Kotschy catches up with one of the stars of what is currently one of the University’s most successful teams.

WHEN meeting Stuart Pilgrim, you would not know you were speaking to someone who has played in the top tier of English Hockey, competed in the hockey equivalent of the champions league (the Euro Hockey League) and represented England at under-21 and senior level. Stuart is chatty, affable and down to earth, bereft of the cocky swagger that could easily accompany someone who has already achieved so much at the age of twenty-two. For final year student Stuart, hockey has been his passion ever since he can remember, explaining, “I have played ever since I was born!”. Part of this early grounding in hockey comes from the fact that his dad played to a high standard as well, competing in the English National Hockey League. Stuart’s ability quickly shone through, as he found his way into the National Hockey League with St Albans at the age of just 17. After a gap year playing in the Sydney Premier League in Australia, Stuart came back and joined English Premier League club Old Loughtonians. The form displayed by Stuart for Old Loughtonians earned him England under-21 honours as well as the chance

W

to play in the England ‘A’ team at Senior Level, a developmental squad with the Beijing 2008 and London 2012 Olympics in mind. This experience has given Stuart a taste of international hockey and he admits that competing in the Olympics in his home country “is the big aim, the light at the end of the tunnel”. Since that call-up, Stuart has changed clubs, joining Cannock, a team who have won the National Premier League in four out of the last five years. This has not only given Stuart a chance to play in the Euro Hockey League, it has also lessened his travelling. Previously, he would make the two-hour trip down to Essex for training and not get back until around one in the morning, whereas his new club is just thirty minutes away. With the move to Cannock has come the opportunity to mix it with some of the world’s best hockey players in the Euro Hockey League. Having successfully advanced through to the last sixteen of the competition, in March they will travel to Terrassa in Spain to meet Reading. Stuart admits that the coverage of the competition has been eye-opening; “there have been so many cameras, there was

a camera in the changing room, camera in the dugout, our coach was wired for sound and the first game we played was live on Russian TV!” Playing in the National Premier League and Euro Hockey League means a lot of travelling but Stuart says it does not interfere with his university work. Despite having an AU mentor he can speak to if he needs an extension on work, he has never had to get one in his three years. Even the nightmare of every final year student, the dreaded dissertation, is not conflicting with his hockey. He admits “I am actually quite lucky because my dissertation is due in on the 19th of March and we fly out (for the next Euro Hockey match) on the 20th”. Stuart trains six days a week, combining early morning individual sessions with fellow player Mark Wadsley, strength and conditioning work outs with his coach and team training with Cannock and Birmingham. He explains that in the first two years at university it was worse, with the travelling down to Essex, but this year has been easier. His training can have an effect on his social life but he understands “you have to pick your nights and some-

times you have to sacrifice”. These sacrifices have helped make Stuart a Premier League hockey player and subsequently eligible for the University Sport Birmingham Scholarship Scheme, through which he receives £750 for equipment and travel. Stuart and his fellow Birmingham scholars Andrew Gooderham and Dave Kettle have helped the Birmingham men’s hockey team to the brink of clinching the BUSA Premier North League. Despite a hard season for Birmingham and Cannock, Stuart’s love of hockey is such that he doesn’t even afford himself an off-season, competing in the English league between September and April. He will then fly out to Australia to play for the rest of the summer. Even though hockey takes up such a large amount of time, it’s unlikely to be a full-time job and, as a result, most hockey players take the same avenue as Stuart. His degree in Business Commerce will set him in good stead for the future and hopefully he can follow in the footsteps of Birmingham alumni, Simon Mantell, and become a regular in the senior England team.

Pilgrim in action for his club.

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

Redbrick 1322

12__3_____4_= =_==_=====_=5 =6____=78____ =_==_=9=_=_=_ 0________=ab_ =_==_=_=_==_= c___=d__=e___ =_==f=_=g==_= h_i=j________ _=_=_=_=_==_= k_____=l____= _=_=====_==_= =m___________

Sponsored by Waterstone’s at the University of Birmingham

Across

1. Dental specialist (12) 6. Ruin, dishonour (5) 7. Blue/purple colour (6) 10. Hobbes’ philosophical masterpiece (9) 11. Australian bird (3) 13. Lazy, indolent (4) 14. However, despite (3) 15. ____ Twain, Nineteenth-century American author (4) 18. Fairy, sprite (3) 20. 2001 hit for The Superman Lovers (9) 21. Neglect; avoid (6) 22. Fruit of the oak tree (5) 23. Impulsiveness, spontaneity (12)

Down

2. Netherlands city (9) 3. Yearly (6) 4. Micheal _____, REM frontman (5) 5. Bean curd meat substitute (4) 8. Nil, zero (4) 9. African big cat (7) 12. Salesmen, retailers (9) 16. Russian monarch (4) 17. Votes, appoints (6) 18. Long-legged wading bird (4) 19. Type of pasta (5)

Issue 1321 solution:

sambuca=wise= e=o=p==e==o== n=z=s=dwell=m seabed=a=e==i i=r=t=answers bet===r==i==s i==obvious==i l==m==e===gas illegal=k=e=s t==g=v=ghandi y=david=a=e=p ==o==d==k=v=p =pete=origami

Think you’ve cracked it? Pop your completed crosswords (and bribes, naturally) into the Redbrick office along with your NAME, COURSE, YEAR and EMAIL ADDRESS and for a chance to win the coveted £10 Waterstone’s voucher for use at the University campus branch. The deadline for the crossword is 2pm on Tuesday 22nd January. The winner from the previous issue is Victoria Chatwin, Archaeology & Ancient History II. Please come down to the Redbrick office on a Wednesday or Thursday to collect your prize.


!" "#$%&

!"#$!%&'()*++(! ),-.(/0120!3(+44,

567!8

'()*$$&+,-.)/001)23)&40)-250)$5 ,)6%0720%)80,9:0 7,3,90%

';)"#$%&)"<4$-,% =00&)>2%72394,7 4$<10?@A)"&:,%& 62-9%27

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

$;>DA=-<=I(9<(AE(R<C(B;=I B<D:( ;=>( 9CJJ<?-( <C? -:;D9O P<?( -.<9:( <E( R<C( @.< ><( =<-( K=<@I( -.: 2=AN:?9A-RF9( D<--<( A9( ]J:? ;?>C;( ;>( ;Q-;FI( @.AB. ?<CL.QR( -?;=9Q;-:9( ;9 ]-.?<CL.(.;?>(@<?KI(L?:;.:AL.-9( ;?:( ;B.A:N:>FO( 09 ;QQ( -.:( 25$( -:;D9 ;JJ?<;B.( -.:( GC9A=:99 :=>( <E( -.:A?( 9:;9<=9I( @: ;?:( 9C?:( -<( EA=>( <C@.:-.:?(-.:R(.;N:(JC-(-.: .;?>(@<?K(A=I(@.AB.I(B<DM GA=:>( @A-.( -.:( G<C=B:( <E ;(G;QQ(<?(-.:(>:BA9A<=(<E(; ?:E:?::I(@AQQ(.<J:ECQQR(9:: L?:;-(.:AL.-9(;B.A:N:>O(


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.