N!E$'D$&&C!$;-%/$-+*!^55!E+::$(+!0$:!8+;+%/+*!@C!]9<#!/%$!-Y+!#1<V!J7''+;-!
$-!45?P!1[V!7'!N,8%&!3Q>!VY%:!-8$':E%::%7'!%*+'-%=%+*!-Y+!#1<V!J7''+;-!$:!@+&7'(%'(!-7!
-Y+!:L%,,+8_!@D-!*%*!'7-!;7'-$%'!$!,7:%-%7'!=%W>!V07!/7%;+!E+::$(+:!0+8+!&+=-!0%-Y!-Y+!
:L%,,+8g:!0%=+!dT78+'!U$/87E$-%e!$-!45??!1[V!$'*!45?F!1[V>!d#Y70'!%'!-Y+!;$&&!&7(!%'!
N,,+'*%W!5^e!VY+:+!E+::$(+:!%';&D*+*!-Y+!-%E+!7=!-Y+!8+;+%,-!7=!-Y+!%'=78E$-%7'!%'!"VJ!
d&7;$&!-%E+!,&D:!M!Y7D8:e_!0Y%;Y!E$C!Y$/+!&+$*!-7!:7E+!%'%-%$&!;7'=D:%7'!$:!-7!-Y+!-%E+!7=!
-Y+!+E+8(+';C!E+::$(+>!N-!4^45!1[V!7'!N,8%&!3Q_!T78+'!U$/87E$-%!;$&&+*!-Y+!8$;+!
78($'%R+8:!$-!6<#N!$'*!&+=-!$!/7%;+!E+::$(+!%*+'-%=C%'(!-Y$-!$!^55!Y$*!@++'!:+'-!$'*!
:Y+!Y$*!@++'!;7'-$;-+*!@C!]9<#>!!6<#N!N*E%'%:-8$-%/+!-+$E!E+E@+8_!bD*C!G7:-+8_!
8+-8%+/+*!-Y+!/7%;+!E+::$(+!=87E!U8:>!U$/87E$-%!$-!4^3^!1[V>!!G7:-+8!;7'-$;-+*!V7@C!
b$;L:7'!$-!6<#N!.$;+!<,+8$-%7':!%'!9':+'$*$_!U+W%;7!$-!4^PF!1[V>!!N-!5544!1[V!
b$;L:7'!8+&$C+*!-Y+!%'=78E$-%7'!-7!1.<!U$8L!V70':+'*>!!N-!555?!1[V!6<#N!.$;+!
7==%;%$&!b7:+,Y!K$%D';7!;7'-$;-+*!T78+'!U$/87E$-%!=87E!.$;+!<,+8$-%7':!%'!9':+'$*$!
-7!;7'=%8E!-Y+!%'=78E$-%7'!$@7D-!-Y+!^55!8+,78-!=87E!]9<#>!VY+!%'=78E$-%7'!7=!-Y+!
#1<V!J7''+;-!^55!-8$':E%::%7'!0$:!8+&$C+*!-7!-Y+!"#!J7$:-!]D$8*!2!#+;-78!#$'![%+(7!
@C!6<#N!7==%;%$&!b+88C!#;Y$'*+8$!$-!5534!1[V!7'!N,8%&!3Q_!3453>!!VY+!"#J]!;7'-$;-+*!
T78+'!U$/87E$-%!D,7'!8+;+%,-!7=!-Y%:!%'=78E$-%7'>!
!
,5//'%#1'%1*;"1=""8_!$!a7@%+!PP!:&77,!,$8-%;%,$-%'(!%'!-Y+!8$;+_!8+,78-+*!
*%:;7/+8%'(!*+@8%:!%'!-Y+!7;+$'!:7D-Y!7=!678-Y!J787'$*7!):&$'*!7'!-Y+!E78'%'(!7=!N,8%&!
3Q_!3453!$-!$,,87W%E$-+&C!4M44>!
!
VY+!"#!J7$:-!]D$8*!2!#+;-78!#$'![%+(7_!$-!5444!1[V!7'!N,8%&!3Q_!3453_!8+;+%/+*!
-Y+!=%8:-!8+,78-!7=!$!,7-+'-%$&!$;;%*+'-!@C!IaG!8$*%7!=87E!-Y+!8$;+!@7$-!7;5>?6$@">!
!
V07!@7*%+:!0+8+!8+;7/+8+*!$-!54?3!1[V!7'!N,8%&!3Q!;&7:+!-7!+$;Y!7-Y+8!%'!-Y+!
*+@8%:!=%+&*!?>?M!'E!:7D-Y!7=!678-Y!J787'$*7!):&$'*>!N!-Y%8*!@7*C!0$:!8+;7/+8+*!,8%78!
-7!5?44!%'!-Y+!:$E+!$8+$>!N!U+W%;$'!G%:Y+8E$'!*%:;7/+8+*!-Y+!@7*C!7=!-Y+!:L%,,+8_!
VY+7!U$/87E$-%:_!$-!5?P4!1[V!7'!U$C!H_!3453!%'!-Y+!:$E+!$8+$>!67'+!7=!-Y+!/%;-%E:!
0$:!0+$8%'(!&%=+!A$;L+-:!0Y+'!8+;7/+8+*>!<'+!/%;-%E_!b7+!#-+0$8-_!0$:!8+;7/+8+*!
0+$8%'(!$!:$=+-C!Y$8'+::_!@D-!'7!-+-Y+8>!VY+!#+$8;Y!1$--+8':!$'*!&7;$-%7'!7=!-Y+!@7*%+:!
8+;7/+8+*!-Y+!=%8:-!*$C!$8+!:Y70'!%'!N,,+'*%W!34>!
!
N;;78*%'(!-7!,D@&%:Y+*!$;;7D'-:!7=!-Y+!#$'![%+(7!J787'+8g:!8+,78-:_!VY+7!
U$/87E$-%:_!S+/%'!.D*7&,Y!$'*!Z%&&%$E!b7Y':7'!*%+*!7=!@&D'-!=78;+!-8$DE$>!b7+!
#-+0$8-!*%+*!7=!*870'%'(!*D+!-7!-8$DE$-%;!%'AD8%+:>!VY+8+!0$:!'7!+/%*+';+!7=!Y%(Y!&+/+&:!
7=!;$8@7'!E7'7W%*+!78!$&;7Y7&!=7D'*!%'!-Y+!-Y8++!@7*%+:!8+;7/+8+*!=%8:->!![8D(:!0+8+!