"#$%&'()*+,()--..'()/01%")%0)*2/03,,()//)2, #,345..'(--4/) 1678698:;<=>?87@AA77?8??B68AB7A?8??BC6D=:77=:7:;?8AAB D?>DEB7:@B7AD?C@?FAB7:@AG=;=88=3AG8?BH?88=,BB?IAJDA> 5<?BB=:7A7:@K8:D8:LMNO 4?6DEB?6P6;;677?DE>DA6DE9G9 (E8?66G?6G6BDE9G9798EQCAG;6 4?6DEB?6KD>?87?GG?BABD68R6798C6 B9E>?8E7:@ (E8?EBE;?S:GA;<?,#1T

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`9AU)QAF676^686B6G:8AF[:98?BH[E7Q`96B7?767?RA6BF `96G?767?RA;A7QEF8U )QA>A89G788QE^AF7Q677QA677?79FA87E^6>F8AJEGEH?J6G89876?B6[?G?7:^A>A<E8?7?RAU /RAB7QE9HQ7QA677?79FA8^A>A<E8?7?RAK7QA<E8?7?RA677?79FA8F?FBE7GA6F7E>A8<EBP 8?[GAABR?>EB;AB76G[AQ6R?E9>U)QA>A89G788QE^AF7Q677QAH6<[A7^AAB7QA677?79FA 6BF7QA [AQ6R?E9>6<<A6>AF?BARA>:8AJ7?EBEW7QA ^QEGA JEGGAJ7AF F676U )QA ;E87 8?HB?W?J6B7H6<[A7^AAB677?79FA86BF7QA6J796G[AQ6R?E9>^68?B7QA98AEW>ABA^6P [GAABA>H:>A8E9>JA8U)QA98AEWE>H6B?J<>EF9J786BFGEJ6GWEEF^A>A6G8EQ?HQG:R6GP 9AF[97BE76J796G?aAFU )QA ;E87 8?HB?W?J6B7 E[876JGA8 7E >A8<EB8?[GA ABR?>EB;AB76G [AQ6R?E9> 6JJE>F?BH 7E 7QA879F:^A>AG6JDEW;A6B87EHERA>B7QA?889A8?B`9A87?EBKQ?HQJE8786BFG6JDEW DBE^GAFHAU,JJE>F?BH7E7QA879F:JQ9>JQ<A>8EBBAG89HHA877Q67JA>76?B;A6B8JE9GF [A JEBF9J?RA7EABQ6BJA >A8<EB8?[GA ABR?>EB;AB76G [AQ6R?E9>?B 7QA?> ^E>D?BH G?WAU )QA:WE9BF7Q67ABR?>EB;AB7>AG67AFJE;<A7?7?EB86BF>A^6>F868^AGG68E>H6B?8?BH ARAB78 ^?7Q 6B ABR?>EB;AB76G 7QA;A JE9GF[A;E7?R67?BHU )QA >A8<EBFAB78 6G8E WAG7 7Q677QA:F?FB_7Q6RAABE9HQ>A8E9>JA87E[A68>A8<EB8?[GA?B7QA?>[AQ6R?E9>687QA: ^E9GFG?DA7E[AU)QA>A8<EB8?[?G?7:EW<EG?J:;6DA>8?87QA>AWE>AA88AB7?6G[AJ698A6JP JE>F?BH7E7QA>A8<EBFAB78KQ?HQJE8786BFG6JDEW;A6B87EHERA>BJ>A67A86[6>>?A>7E ABR?>EB;AB76GG:>A8<EB8?[GA[AQ6R?E9>?B7QA?>^E>D?BHG?WAU 1A:^E>F8Y >A8<EB8?[GA ABR?>EB;AB76G [AQ6R?E9>K ABR?>EB;AB76G 677?79FA8K [AQ6R?E9> JQ6BHAU

$ (?8=GG:8 "#$%&'(#)*************************************************************************************************************************)+, -./0123(4&"&((567')60$(48#$(2&)****************************************************************)9,* 5:;<;=>?@?):@ABCDEEA)*********************************************************************************************************)9,*, -FGCH>ABI@B>>::JK)EFGCH>ABIDJABLL<<>ALLA)MJ)EFGCH>ABI:JADJBLA)********************)N O 58#(5#6#P2&&)"&)37#.5')8218#')-./0123(4(-4(0)****************************), O* 8H>AB><<>?@?)@:;B@;<;=>J)***************************************************************************************************), #%&%&'()*+),,)*-.-/0+-0,01)2.3)*+0()2242.5/567)877%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%&# #%&%"'()*+)+5.*93:-,90;2/9.+22.--++)*-.7<:01;22++)*-.2423-.1-,,)*-.7 /5*5;5/*-.7%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%&= #%&%#>/0+-0,01)2?90;-**2%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%&@ O*, 3L;F@?)@DJ?:@<>AQ<LB@H><J>A@?):>H:;?)EFGCH>ABI@@BB>A>C):J??J?;BB;MJ)MJ) EFGCH>ABIBEIBC)*******************************************************************************************************************************)R #%"%&A;67()*+B:)6,0;)%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%"C #%"%"')(/0.),;2*+0D034-,;2%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%"" #%"%#E-):7./)(//0F/)(/0.53+-).-.*+(2+-1)2"C&=%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%"# #%"%$')(//0"C"C?90;-.-82./-,)*D,9+-(),2)*-./)(/0.+9,-82)*99**-,0.+-/0%%%%%%%%%%"# S (7(82.7835')8#$%5K)T22(585$-3)"&).5'5(56.0()*********************************),+ S* (LB:>FL:A@?):;UV@)MJ)BLB:>FLA:EAEFE:A@B***********************************************************),+ S*, (LB:>FL:A@?)D>>B@:@UEA)**************************************************************************************************),W $%"%& G*-..0)+9;)*-.42/75++75+5;)*-.87,).-./9),9%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%"H $%"%" '75++75+5;)*-.(2/-.+9;).-.%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%"I S*O 8CEB@BBE)F>BBJH>)*******************************************************************************************************************)OX S*S (LB:>FLAGH;A@AA>?):LDJLA)MJ)<L;B@BBJDLLABJH:JAB@<L)*****************************************)OO S*+ (LB:>FL:A@?)J?J<EEA>F@?@B@<FCB)******************************************************************************)OW + 5./221235')#3&')(76#835()**********************************************************************************)OR +* &HD>;>?B>@?)BL<;:A@B)**********************************************************************************************************)OR =%&%& J7(/-);;)/*)2(8)0):9+5;67()*+B82*+99,,)*99++2-:)*+787+2*)2+%%%%%%%%%%%%%%%%%%%%%$# =%&%" K73)+-.+7(/-)/*)2(8)0):9+5;67()*+B82*+99,,)*99++2-:)*+787+2*)2+%%%%%%%%%%%%%%%$= +*, &A@??;>BLF>A@?)MJ):CEBBCEBEF>A@?)DC<>AB@?)@H;M@?)MCA@?BEF>?@?)******************)S9 +*O -FGCH>ABIDJABLL<<>ALLV@?)@AB@>BC)MJ)FJUV;<<>ALL:A>J)****************************************)+X =%#%&?)*7)*-+-*+--+%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%=& =%#%" L,/0)*-+-*+--+%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%=" =%#%# A;67()*+B82*+99,,)*99:-.-*+--+/5*5;5/*)**7<40)**2+7(/-5:-.42 +0+-9+9;)*-.()*+)())+20,)*99().%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%=# +*S -FGCH>ABIDJABLL<<>ALLV@?)@V>ABCF>A@?):@>?;MJ)****************************************************)++ +*+ (>@B;>ALLA):>H:;?)EFGCH>ABIV>G<;F>ABJ)********************************************************************)+N +*W (L<;AB@?)BJH:JAB@<LJ)J>:J>A@FFJ?)BLB:>FL:A@?)DJ<;AAJ)**********************************)+R W (76#3(5')-$(55'T5(#K)"#$(#/00(4835()"&)/#$%2'(&)**********************)WX W* -FGCH>ABI@@BB>A@B)JA@?B@@B)MJ):CEBBCEBEF>?@?)A@:C) EFGCH>ABIDJABLL<<>ALLV@?)@AB@@B)********************************************************************************************)WX W*, -FGCH>ABIDJABLL<<>A@?)@<CFC?BJDJ?)FL;V;ABLF>?@?)****************************************)WO W*O 8H>AB>?LA:;?)H;;<>)EFGCH>ABI?AL;M@<LAAJ)*****************************************************************)W+ 60$(55()********************************************************************************************************************************)W9 622((55()*********************************************************************************************************************************)9

= N 2534,0)5 1?>DEB<??>?88=EBR??;AR9E8?AB6?D6B676<6Q79B97Q9E;6776R687?DAQ?7:87=:;<=>?87@P 68?E?886U 1?>DDEQ6GG?798 EB C9GD6?8897 D?>DEB?G;687EPEQCAG;6B 1??7EGG?8998K D9BB?E?798K DEQ7998 SLMMVT C6 D=:7@88= EB R9EFA876 LMMN EGG97 :;<=>?87@F?<GE;?C=>CA87AG;=K AG? R6<66AQ7E?8?6:;<=>?87@8A>7?W?D6677AC6;:@BBA7==B:;<=>?87@R6879976 D6B76R?GGA 8A9P >6D9BB?GGAU 16QFAB R9EFAB R=GA?B C=>CA87A7==B 1?>DEB :;<=>?87@<=?R=7 C6 R9E8?776?B 8A9>6D9B7?AB :;<=>?87@R68766R?AB BA9RE77AG9<=?R=7U 3??<<6D9BB67 ER67 <A>9876BAA7 :;<=>?87@7:@>:Q;?=K 86;E?B 899>A7 8A9>6D9B76:Q7:;=7U 16?D?886 Q??<<6D9BB?886 EB 7AQ7:CE76?BK;97767:@BG66C998EB>??<<9B97R68799QABD?G@?FAB;E7?R667?E876US$?QD6P G6LMNOKNbUT,>DD?<??8<6 16>? #=D?BAB D?>CE?77? R9EFAB LMNL ";<=>?87@F?<GE;?B D=8?D?>C6B A8?<9P QAA886KA77=D?>DEB6>REC6ER67<:Q=BD9BB?E?776;?BABKR68799GG?8998KE?DA9FAB;9D6?P 8998 C6 7E799FAGG?8998U 3=BAB ;9D66B86 R68799GG?8997AAB C6 <:Q=B D9BB?E?776;?8AAB D99G99K A77= Q9EGAQF?;;A G=Q?;;=?8?87=;;AK R6>CAGA;;A G9E;6D9B766K D=:7=;;A D6?DD?6 G9EBBEBR6>EC6 R68799GG?8A87? C6 76RE?77AGA;;ADEQ799GG?899776AG=;=B76RE?886U ";<=>?87@7:@C6R68799BD6B76;?BABG9E;6D9BB6876BE98AR678??889E>66BD?>DEB98P DEB<A>987A?876U16B76A8866BR6879976:;<=>?87@D:8:;:D8?88=D?>DDE7E7A97766E;?B76 7AQ7=R==B8=US1?>DEB:;<=>?87@F?<GE;?BD=8?D?>C6LMNLKVUT )=88=E<?BB=:7A7:@88=797D?766B(9E;ABAR6BDAG?8PG97A>?G6?8ABD?>DEB3AG8?BH?B8A9>6P D9B76:Q7:;=B C6 3AG8?BH?B 6G9AAB 8A9>6D9B7?AB 7:@B7AD?C@?FAB :;<=>?87@AA77?87= 68ABBE?79;?876 C6 :;<=>?87@R68799GG?876 D=:77=:7:;?87=U )97D?;9D8AB DEQ7AAB6 ER67 :;<=>?87@AA77?8A7 68AB7AA7 C6 D=:7=BB@B :;<=>?87@7AE7 8AD= :;<=>?87@R68799GG?8AB 6>CAB>6DAB79;?8ABA87AA7797D?;9D8AB?BWE>;6B77?CE9DEB7:@AG=;=88=U)97D?;988AGP R?77== EBDE D?>DEB 7:@B7AD?C@?FAB DA8D99FA886 Q6R6?776R?886 D9?G9 :;<=>?87@AA77?8AB 68ABBE?79;?8ABC6D=:77=:7:;?8ABR=G?GG=U#:@B7A?BAB89Q76979;?BABCEQEBD?B68?66B 76?6?DE;987E?;?67?A7:B68?6BAF?87=;?8AD8?A?EGA76A8??7=KA77=D=:77=:7:;?BABEB 68ABBE?79;?8AB;9D6?876U)=GG@?B;:@B7A?8AB89Q76979;?8ABC6DEBD>AA77?8ABD=:77=:P

H 7:;?8ABR=G?GG=EBD9?G9KCED6EB?BQ?;?GG?BABC67::<?GG?BAB D6?D?GGA?Q;?8?GGAU 'Q;?87AB :;<=>?87@68AB7AA7 <A>9879R67 :GAAB8= Q:R?BRE?B7?6 C6 DEGGAD7??R?876 A796 DE8DAR66B?BWE>;667?EEBD9B7668D=:77=:7:;?8R6?Q7EAQ7EC6<EQF?776A886:D8?G@GG?8A77AD?C=768A7P 79R67 A798?C6GGAU S(6GEBAB LMNMK NbcUT )=88= 797D?;9D8A886 D6>7E?7A766B ;:@8 68?E?76K CE7D6A87=R=7 :;<=>?87@R68799GG?8AB 7E?;?BB6B >6DAB79;?876 C6 8AB ;9D6?876 D=:77=:P 7:;?87= 797D?776R?AB 7:@AG=;=88=U 2E8 A87=R=7 7AD?C=7 ER67 7?AFE886K B??Q?B R6?D9776;?P BABEBD?>DEB<??>?88=QAG<E;;?B899BB?7AG76R?886C67E7A97A776R?886U )97D?;9D8AB 76>DE?79D8AB6 A?EGA79E7766:GA?87A77=R?88= EGAR66797D?;9879GE876K R66B R6>8?B6?8AB6 76RE?77AAB6 EB 797D?776R66B?G;?@@B G??77:R=B 7?AFEB C6 :;;=>>:D8AB G?P 8==;?BABU)97D?;9D8AB79GE87AB89Q7AABEGAAGG?876EBKA77=CE8<6Q?;;67D9?G97<6?D6GP G?87A766B C6 D=:77=:7:;?8AB A87AA7 79BB?87A766BK EGG66B 7?AFE876;?8AB 7?AGG= CED6 EB 7=>DA=D=:77=:7:;?8AB;997ED8ABG=Q7@DEQ76U,G9D8?7=88=E<?BB=:7A7:@88=A8?7AGG==BG9R9886L;9976;?66?QAABD6BB6G76DA8DA?8?= :;<=>?87@D=8?77A?7=U (AB C=GDAAB G9EF66B D678698 ADE7AEGEH?66B C6 D9R6766B (9E;AB AR6BDAG?8PG97A>?G6?8AB D?>DEB :;<=>?87@6?QA?8?6 D6BB6BE77EC6 C6 7=GG= QA7DAGG= D?>DE886 7AQ7=R==:;<=>?87@7:@7=G9R9886OU.9R9886bD9R6766B797D?;9D8AB7AE>AA77?BABR??P 7ADAQ:8K 797D?;9D8AB DEQFA 8AD= 797D?;98;ABA7AG;=7U0AGC=BBA88=G9R98866>R?E?P F66B ;:@8 797D?;98;ABA7AG;?AB 8E<?R99776 C6 G9E7A776R99776K 797D?;9D8AB AA77?8?= 9GE779R99D8?6 C6 79GED8??B R6?D9776BA?76 7AD?C@?7=KCE776B=?7=68?E?76RE?F66B6>R?E?F6 79GED8?6G9A776A886U(ABC=GDAAB>6<E>7E?F66B797D?;9D8AB79GED8A7G9R9886cU.E<9D8? G9R9886dA8?7A7==B797D?;9D8AB79GE87AB:Q7AABRA7EC6CEQ7E<==7@D8A78AD=6C679D8?6 :;<=>?87@R68799GG?8AB 6>CAB ;9EFE879;?8A876 C6 :;<=>?87@R68799GG?87AB D=:7=B7@CAB 7E7A979;?8;6QFEGG?899D8?876797D?;9879GE87ABR6GE886U.9R9886d<EQF?766B;:@8D>?8P 7?B98DEBC6:;<=>?87@B89ECAG9B89QFA776U

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e :D8?G@B 89Q76979;?BAB :;<=>?87@@BK QABD?G@DEQ76?BAB :;;=>>:8 C6 R6G;?98 7E?;?6:;<=>?87@B<9EGA8768AD=:D8?G@BQ6G9R6?D97766C6DEDA;98;6QFEGG?899FA876 R6?D97766 :;<=>?87@B Q:R?BRE?B7??BU )97D?;9D8AB 76RE?77AAB6 EB79E7766 7?A7E6K CE76 RE?F66BQ:@F:B7==:;<=>?87@D68R679D8A886G9E;6GG6:D8?G@?GGAC6:Q7A?8@?GGA998?6:;P <=>?87@@BG??77:R?=7E?;?B76;6GGAC6U LUN /DEGEH?BABDA87=R::8 (9E;AB R9EBB6 LMMM Q:R=D8:7:B <A>98798G6?B <:D=G=B LM ;9D66B R68799 G9EBBE876 D99G99CED6?8AGGAD6B86G6?8AGGAU29GD?8ABR6GG6BRAGREGG?8997AB6EB7E?;?6B??BKA77=D6BP 86G6?87ABE?DA987A>RAAGG?8AAB:;<=>?87@@B7E7A9799C6A77=QA?GG=EB;6QFEGG?8998R6?P D97766 E;66 AG?B:;<=>?87@==B DE8DAR66B <==7@D8AB7ADEEBU "D8?G@768EGG6 ADEGEH?BAB DA87=R::8 DEBD>A7?8E?799 A>?7:?8A87? >6R?B7EEBK 689;?8AABC6G??DD9;?8AABG??77:R?AB76P <ECABK 7E779;987AB C6 6>RE87987AB 76>D687AG99BU 0A ER67 R=G?GG?8A87? :Q7A:FA88= G9EBP BEB ;EB?;9E7E?899FAB :GG=<?7=;?8AABK ;66P6G9A?FAB 8=?G:;?8AAB 689;?8DAG<E?8?B6 8AD= ADE8:87AA;?AB AG?BRE?;6?8997AABU #ABA7:D8A7 AG=?BPC6 D68R?G6C?AB ;==>?88=K?GP ;687EB R6D69FA886 8AD= ADE8:87AA;?AB Q=?>?@7 ER67 ;A>DDAC= ADEGEH?8A87? DA8P 7=;=77@;=87=DAQ?7:D8A87=US(6GEBABLMNMKfVUT-8A?;<?AB:;<=>?87@EBHAG;?AB7698P

@ 76GG6EB?Q;?87ABDA87=;=7@BD9G9798D=:77=:7:;?BABU'Q;?8D9BB6BDEQ79977E;67<:>P D?;:D8A7 ER67 G??D66 G9EBBEB ADEGEH?8AGGA C=>CA87AG;=GGAU S0?A;?BABLMNMK cbut"7?;agp 7==BDA87=R::FAB?FA6EBKA77=DA87=R==EB8AGG6?BABDAQ?7:8KCED67::F:77==B:D:QA7P DAB 76><AA7 R?A;=77= 79GAR?G76 89D9<EGR?G76 ;6QFEGG?899776 7::F:77== E;67 76><AAB86 S"Q7A?BAB79GAR6?8997A;;ANgVVKLdTU 'Q;?BAB EB E86 ADE8:87AA;AC= C6 7=:8?B >??<<9R6?BAB G9EBBE876 A8?;A>D?D8? Q6<ABK RAFABC6>6R?BBEB89Q7AABU&??<<9R99FAB79BB9876;?BABC6G9EBBEBDA87=;=77@;=87= Q:R=D8?D=:7@87= G9E<9;?BAB G9E ;6QFEGG?899D8?6 ;EB?;9E7E?8AB AG=;=B C6 G9EBBEB D69BA9FAB 8=?G:;?8AGGAU +68799 G9EBBEB C6?Q;?8AB R=G?8AB Q6>;EB?6B 8=?G:;?8A87= DE8DAACED6?876?Q;?87=K8?GG=?Q;?8AB:G?RE?;6?BABR6G7689Q7AA886A?P?BQ?;?GG?8AAB7EP FAGG?8997AAB79E;9D6B66B;:@8R68799B8??7=U+68799B79G?8?D677668AD=ADE8:87AAP ;?AB 89ECAGA;?BAB A77= CE R69>?E?79BA?FAB ADE8:87AA;?AB ABB6GGAAB 866776;?BABU 2ED6?BAB?Q;?BABEBR68799886A8?;A>D?D8??G;6BKRAFABC6;66<A>=B8=?G:;?8A87=<9QP 766B6C6AG?BRE?;6?8AB679GAR?GGA89D9<EGR?GGAU(9QFAG9EB7EEB76>CE66?Q;?8AGGA8:R=B DEDA;9D8ABKCEBD6D69776Q=BABEB;6QFEGG?876Q6Q;E7766?78AB8=E86D8?899>76DEP DEB6?899776U3:R?BRE?B7?6R66>6B76R?87679E76BBEBC6D9G979D8AB76RE?876G9E<9;?BAB EBEGAAGG?876CE7768AG9EBBEB6B76;6>?DD698KCE876;A?F=B89D9<EGRA;;AB6977??KC== ;:@8 79GAR?GGA 89D9<EGR?GGA B697?776R6D8?U.E<<9CABGE<9D8?BA?BQ?;?GG?8A77E?;?B7676P R67K CE7D6 <6GRAGAR67 G9EBBEB A796 <6GRAGAR67 <?7D=GG= 7=Q7=?;AGG=;:@8?Q;?8AB A796U S(6GEBABLMNMKcgUT LUL ";<=>?87@A7??DD6K:;<=>?87@R68799GG?8998C6:;<=>?87@D68R6798 /7??DD6EBW?GE8EW?6BE86P6G9AKCED6797D???BQ?;?GG?87ABD=8?7:87ABK6>RE87987ABC67E?;?BP B6B ;9EFE876;66 DEDEB6?899776 ;E>66G?8A876 B=D@D9G;6876U ";<=>?87@A7??DD6 EB A7??D6B 8ERAG76;?876 AG=;=BW::8?8??B C6[?EGEH?8??BAFAGG:7:D8??B 8AD=?BQ?;?GG?8AAB Q:P R?BRE?B7??B C6 79>R6GG?8997AAB G??77:R??B D=8?7:D8??BK 6>RE879D8??B C6 7E?;?B766BU 1=:7=BP B@88=:;<=>?87@A7??D6B797D?;986G9A<6?BE77996?QA?8??BD97AB:;<=>?87@BC6?G;687EB ;99776;?BABK G9EBBEBR6>ECAB D=:77@K [?EF?RA>8?7AA7?B 89ECAG9K 6G9A899BB?77AG9 8AD=

M ;9?Q?BAG=;=B;9E7E?Q?B68ABBE?79;?BABC6B??FABDEQ7AGA;?BABUS5D86BABLMNLKgK LMPLNUT ";<=>?87@A7??DD6 EB ;:@8 :;<=>?87@;E>66G?B C=>CA87AG;=GG?87= C6 D>??77?87= 797D?;9876K CED6 6>R?E? 7E8?68?6GG?87AB G9EB7EEB G??77:R?AB 76<ECAB C6 D=8?7:87AB Q:R=D8:77=R::77=U )=GG@?B:;<=>?87@A7??D6GG676>DE?7A766B?Q;?8ABC6G9EBBEBR=G?8AB89Q7AAB797D?;9876K CEQEBG??77::Q9EG?:;<=>?87@B7?G68768AD=A?P?BQ?;?GG?87ABAG?@?FABDEQ7AG9876KC6CE886 <:>?7==B C=>CA87AG;=GG?8A87? A8?77=;==B ;?BD=G6?BAB7E?;?B76<6>Q6?7ABR=QAB7==7=7= Q9EG76U 1=:7=BB@88= D:8:;:8 :;<=>?87@A7??D6B ;9EFE879;?8AB AFAGG:7:D8?87= G??77:: D:8:;:D8AAB :;<=>?87@Q9EGAB ;9EFE879;?8AB AFAGG:7:D8?87=U 1A8DA?8?= 68?E?76 ER67 :;<=>?87@@B G??77:R=7 68AB7AA7K 6>RE879D8A7 C6 98DE;9D8A7U S5D86BAB LMNLK gk LMPLNUT )=88=E<?BB=:7A7:@88=:;<=>?87@A7??D6GG676>DE?7A766BC99>?:;<=>?87@@BG??77:R?=68ABP 7A?76C66>RE879876U ";<=>?87@GG?8A87? DA87=R=;<==B AG=;=B76<66B 8??>7:;?BAB EB ;EFA>B?886 A7??D6886 QAG<E?B76<A>987AGG6RA7E6;6GG6E?DA9FAB;9D6?8997AABU.9EBBEBEGE?8768AD=76GE9FAGP G?8?876C6<EG??77?8?876>6DAB7A?876CEQ79AB:;<=>?87@Q6?767D6866B79R67:GAAB8=6G9A?GGAC6?Q;?8?GGAK CE7D6 A?R=7 EGA 899>?;;6886 R68799886 B??FAB 6?QA979;?8A876U.?8=D8? AA77?P 8A88=DA8D987AG988679G?8?E7766Q9E;?EEB;:@8BA?Q;?8D9BB6BC=8ABA7KCE?FABAG?B6?P D6B6 AFAGG?87AB 89D9<EGR?AB G9EB7E89Q7AAB 8A9>69D8A77E7A979R67U S09>;? LMNMKdgUT /A77?8A87=B=D@D9G;6876R68799G9EBBE876EB8??88AD=<6?D6GG?876A77=6C6GG?876U ";<=>?87@R68799GG?899FAGG676>DE?7A766B:D8?G@B76?:Q7A?8@B<:>D?;?87=7E?;?;66B:;P <=>?87@BD6BB6G76<6>Q66GG6;6QFEGG?8AGG676R6GG6KE;6BE866;?8ABC67E?;?B76:;<=>?8P 7@B76>CE6;?AB;6QFEGG?899D8?AB;9D66BU)=Q=BA?>??7=<AGDD=7?A7E:;<=>?87@68?E?876K R66B76>R?766B;:@868AB7A?8??BK76?7E?Q?BC6:;<=>@?R=B:Q7A?8D9BB6B76>CE6;??B;6QP FEGG?899D8??BG??77:R?=7AD?C@?7=US,6>B?EP.?BB6BR9E>?LMNMKNLPNOUT ";<=>?87@R68799GG?8AB AG=;=B76R6B D678E766B ;9EFE879R6B DEG;AB 7E?8??B86 D:7DA:P 7:R=B;99779C6D67AHE>?6BR6?D979D8A886U.=Q7@768EB;99779C?876;A>D?77=R?BEB:;<=P >?87@QA>DD::8KAG?A;<6677?BAB89Q76979;?BAB:;<=>?87@@BUSZ6B7AGGh1E8D?BABLMMbK dlut #9?76 G=Q7@768EB ;99779C?6 ER67 A8?;A>D?D8? 7?AFE7 ADEGEH?6876 C6 D:D: 6?87?6 C6

&C Q6R6?BBE?F6E;66:;<=>?87@=C68??B=76<6Q79R?6;997ED8?6U)E?BAB768E;9EFE8799 B??B86BE79?876QABD?G@DEQ76?8AB;A>D?7:D8AB;99779C?876U3ABD?G@DEQ76?8AB;A>D?7:DP 8AB ;99779C67 7ADAR=7 :;<=>?87@68?E?876 QABD?G@DEQ76?8A87? 7=>DA?7=K C6 8?D8? BA ER67 R=G77=;=77@;?=:;<=>?87@R68799GG?8ABD=:77=:7:;?8AB8:BB:88=U0??87=DA>7ER678:R=GG?P BAB:;;=>>:8:;<=>?87@68?E?876 8AD= QABD?G@DEQ76?BAB 8?CE?798 :;<=>?87@68?E?Q?BU (?P CE?79D8AGG676>DE?7A766B8?7=KA77=?Q;?BABEBR6G;?8B=DA;==BR6?R66C676?D=:77=;==B 6?D66 76? >6Q66 7E?;?6D8AAB :;<=>?87@R68799GG?8A87?U 1EG;68 768E EB RE?;66B79;?8AB SA;<E^A>;AB7T 768EU +E?;66B79;?8AB DEDA;98 EB EGAAGG?876 R68799GG?8AB D=:77=:7:P ;?8AB8:BB:88=U(AEB<>E8A88?KCEBD6D69776:D8?G@BQ6G97E?;?6D68R66U+E?;66B79B97?Q;?BAB DEDAA >EEG?B86 :Q7A?8@88= ;A>D?7:D8AGG?8AB=C6Q=BG9E7766E;??BD:D:?Q?B8= R6?D97766U +E?;66B79;?8AB AFAGG:7:D8?= :;<=>?87@R68799GG?8997AAB G??77:AB ER67 R68P 799GG?8AAB 7E?;?B766B 76>R?776R67 7?AFE7 C6 76?FE7KG9E776;98E;??BR6?D9798;6QFEGG?P 899D8??B8AD=Q6G97E?;?6:;<=>?87@B<9EGA876US,6>B?EP.?BB6BR9E>?LMNMKNLPNOe39BP HA>WE>Fh+EGDNggMKLdMPLdNeZ6B7AGGh1E8D?BABLMMbKdLUT+E?;66B79;?BABEB866P B97>?BB6GGAAB;:@87A>;?BR6G76979;?BABKCED676>DE?7766<>E8A88?6CE886:D8?G@DEDAA 866R6B86 R6G766 C6;6QFEGG?899D8?6 7E?;?6 E;6886:Q7A?8@88==BU +E?;66B79;?BAB EB 8??8 :D8?G@B E;6 DEDA;98 D:R:87= R6?D97766 C6 R6G76979;?8AB ;:@7= R6?D9776;?8AB ;6QFEGG?89986D796G?8E?799US,6>B?EP.?BB6BR9E>?LMNMKNLPNOUT ";<=>?87@D68R6798;==>?7AGG==B:GAAB8=D68R679D8AD8?KCED679DAA:;<=>?87@R68799GG?8P 7AB 7E?;?B7676<ECAB E;6D89;?876U 5B 7=>DA= Q9E;676K A77=:;<=>?87@D68R679D8AB 76RE?77AA7 ER67 R6>8?B G66C67C6 DEQFA>:Q;= D67766 D6?DD??Q;?8A7U";<=>?87@D68R679DP 8AB 76RE?77AAB6 EB D68R67766?Q;?8?= 8AGR==B 7?A7E?8997AAB C6 Q9EGAAB 76GE9FAGG?87ABK 8E8?66G?87ABK<EG??77?87ABC6ADEGEH?87AB7AD?C@?FAB>??<<9R99FA8767E?8??B86K;6QFEGG?8766 CED6?8AGGA?Q;?8AGGA 8AGG6?87AB 7?A7ECABK 6>RECABK 68AB7A?FABK 8?7E979;?8AB C6 76?7ECAB 866;?BABKCE?7676>R?766B:;<=>?87@B89ECAG99BC6<6>6B76;?8AAB8AD=G9EF6:D8?G@?GGAK >:Q;?GGA C6 DEDE :Q7A?8D9BB6GGA 998?6 :;<=>?87@@B G??77:R?= 7E?;?B76;6GGAC6U S,6>B?EP.?BB6BR9E>?LMNMKNMPNNUT 168R6798<A>98799R=G?77=;?8AABU+=G?77=;?8AB<EQC6B6EB>6DD698U#A8??8D68R676;P ;AKDE8D6R=G?7=;;APDE8D6>6D6876;;AU";<=>?87@D68R6798<A>98799G9EBBEB>6D68P 76;?8AABC6?Q;?8AB>6D6876;?8AAB8ABE86B6U";<=>?87@D68R6798EBR=G?77=;?87=;:@8

&& 8??B= ;?AGA88=K A77= 8??B= R=G?7A7==B ;66?G;6BD9R66K AG=;=BD678E;9876U 26 B?;ABP E;66BR=G?77=;?8ABAG=;=BD678E;9876US$?QD6G6LMNMKfUT

&" O /15)/5.5i',,2,(-5#/01'&150"#$%&'()*)"*)% 3A>>629;6G668A77??Q;?8AB/AFAB?B<9976>Q66BR?GCAGA;==BC6R6>CAGA;66B8?7=U NU#EE8ULYNc )=88= G9R9886 G9EF66B D678698 ADEGEH?8AB C6 7AEGEH?8AB 6C677AG9B 89Q7AA8AAB A8?77AGAP ;=GG=G:Q:A87?D>?87?GG?87=ADE7AEGEH?66U)97D?;9D8AB6?BA?87EEBDA>=77:D?>DEB7:@B7AD?P C@?FABDA8D99FA886C6797D?;9D8AB76>DE?79D8AB6EB79E77667?A7E6KCED6RE?8?R6QR?8766 D?>DEB <??>?88= 7AQ7=R== D>?87?GG?87= :;<=>?87@D68R67987:@7=U 1E8D6 797D?;9D8AB?BWE>P ;6B7?78AD=797D?;9D8AB79GED8A7ER678?FED8?886D?>DEB7:@Q@BKEB<6?D6GG66BA8?7AGG= ADE7AEGEH?66K 8?GG= 8A G9E D=8?7:D8AB :;<=>?87@R68799GG?899FAB ;A>D?7:D8A87= C6 8AB <A>987A?876D>?87?GG?8A88=R??7ADAQ:D8A88=U )=88=G9R9886A8?7AGG==B;:@88?7=7:@7=K;?7=D?>DE8867=GG=QA7DAGG=7AQF==B:;<=>?8P 7@68?E?FAB<6>?886K8?GG=8AG9ED=8?7:D8AB797D?776R?AB7:@AG=;=88=R6GG?78AR?876:;<=P >?87@@B G??77:R?87= D=:7=BB@?87= 8AD= D?>DEB R?>6GG?8A876 G?BC6876 :;<=>?87@68?E?886 7=GG= QA7DAGG=U OUN 1>?87?GG?BABADE7AEGEH?6 &66;6779 6GD66 /B8?;;=?8AB #EE8AD8AB D?>C6B DA>7E;9D8AGG6 ;66?G;6B G9E;?8A876U.9E;?87:@B8= D99FAB7AB6 <=?R=B= 29;6G6 GE??Q;?8AB C6;EB?B6?8AB;==>=B A>?G6?8?6 AG=?;?=U.9E;?8;::7?88=?Q;?8AGGA6BBA766B7AQ7=R=D8? Q6GG?76 ;A>AB D6GEC6K 76?R66B G?B79C6K D6>C6AG=?;?=K ;6676 C6 D6?DD?6 <?DD9AG=?;?=K CE?76 ;66B <==GG= G??DD99U.?8=D8??Q;?BAB8667AQ7=R=D8AAB;66BR?GCAGA;?8ABC6R6>CAGA;?8ABU1>?87?B98DEBQ?87E>?6886 EBA>?6?DE?B6DE>E87A779A>?G6?8?668?E?76?Q;?8AB89Q7AA886;99Q9BG9EB7EEBU)E?8?P

&# B66BEBDE>E87A779Q6GG?78A;?876K7E?8?B66BR?GCAGA;?87=76??Q;?8ABG9E;?8D9;<<6B997P 76 ;9?FABAG=?B7ABD6B886U /DE7AEGEH?6<EQ7??7=7=?Q;?8AB <6?DD66 G9E;6D9BB6886U S(?<?G=?BABLMMfKNMNUT OUNUN1>?87?GG?8ABADE7AEGEH?6BQ?87E>?66C6B:D:<=?R== +9EBB6 Ngdf 6;A>?DD6G6?BAB 667AQ?87E>?E?78?C6.:BB ]Q?7A 2>U D?>CE?77? (J?ABJAP 6?D6D698?GAQ7AAB 6>7?DDAG?B j/degeh?8ab D>??8?B Q?87E>?6GG?8A7 C99>A7jK CE886 DEQF?87? D>?P 7??DD?B8=D=>CABA>?7:?8A87?R6BQ6B7A876;AB7?BG9E;?8DA>7E;9D8?876BE98AR66B6C679DP 8AAB?Q;?8ABR6GG6876G9E;6D9BB6B89Q7AABU]Q?7AB;9D66BD>?87?B98DEBQ?87E>?6D=8?P 7:8 EB <==;==>=Q6D9?BAB C6 G9E;?8DA>7E;9D8A886?Q;?BAB 68A7A766B G66F9GG?8A87? ;99BG9EBBEB:G=<9EGAGGAC6Q=BAGGA6BBA766BE?DA98D=:77==G9EB7E6E;??B76>DE?798P <A>??B8=U ]Q?7A <?7? D>?87?B98DEB G=B8?A9>EE<<6G6?876 ;9E7E6?Q;?8DA8DA?8?;<=B= 98P DEB7EB6K;?BD=;66?G;6EBDE8D66B79B7AB97US+A?DDEG6LMMfKLNkbMe(?<?G=?BABLMMfK NMNUT]Q?7AR=?77?A77=7ADBEGEH?6DA8DA?BABG=QA87:;?876<6G9EB7EEB<A>98799D>?87?GG?P 8::FAGGAK8?GG=D>?87?B98DEB;9D66BEB29;6G6B76QFEB;9D6?876A77=?Q;?BABD=:77== G9EB7E6E;?AB<==;==>?AB8=Q:R=D8?U]Q?7ADE>E87?;:@8KA77=D>?87?B98DEFA86D>6G?8E? G9EBBEBKAG?<E?87?8??7=<:Q::FABKC6B=?B;:@8>6CE?79D8A78ABQ:R=D8?D=:7@G7=US5D86P BABLMNLKNbLUT ]Q?7A G?ARAB8? A8?77=;?==B 6C679D8?6 ;:@QA;;?B C9GD6?8A;68866B 6>7?DDAG?886K ;9776 Q=BAB6GD9<A>=?8A76C679D8AB86R6?D9776R67R?AG=B:D:<=?R=B=D?BU]Q?7AB6GD9<A>=?8A8P 7=6>7?DDAG?876 ;9EFE879?G=Q7@DEQ76DA8D987AG9GGA :;<=>?87@D>??8?B D678E;9D8AGG?8?876 C99>?876U ]Q?7AB 6C679D8?6 EB D>?7?8E?79 :D8?<9EG?8?B6K C6 :;<=>?87@D>??8?GGA EB A78?77: ;9?76D?B Q?87E>?6GG?8?6 7698767AD?C@?7=U ]Q?7AB D?>CE?798 86? D9?7ABD?B 6?D66B 8ABK A77= &66;679BC6D>?87?GG?8AB98DEB<A>?B7A?7=6GA77??B76>D687AGG6C6797D?6ADEGEH?8?876B=D@P DEQF?876D=8?BU)=87=797D?;9D8AB899BB6876D=:7A7==BB:D:?8?BB?;?7:87=ADE7AEGEH?6U S+A?DDEG6LMMfKLNkbMUT-8A?;;677AEGEH?7;:@B7=R=7A77=]Q?7ABC698A?FABG9EBBEBP 7?A7A?G?C@?FAB 7AEGEH?66 DE8DAB97 D>?7??DD? EB 8?D=G? EGG97 DEQF6GG66BK A77= A8?;A>D?D8? NVMMPG9R9B7AEGEH?6BRE?F66BD678E6EGAR6BQ:R?BA<=ADEGEH?876U.9E;?8DA>7E;9D8AB

&$ 79GD?B7676R6779D?R67D=8?7:87=8??7=KA77=?Q;?BABEBG9EBBE876A>?GG?BABKG9EBBEB:G=P <9EG?BABQ6GG?78?C6C6A77=?Q;?8AGG=EBE?DA98Q:@F:B7==G9EB7E6US+A?DDEG6LMMfKLNk bmut]q?7ab D?>CE?79D8AB 76RE?77AAB6 A? D9?7ABD66B EGG97 A8?77== E?DA66&66;679B 79GP D?B7676<66K R66B 76>D687AGG6 &66;679B 79GD?B76Q?87E>?66 C6 8?7=K ;?7AB &66;6779 A>? 79GD?B7ECAB86 D69776 R6?D977? G66CECAB?Q;?8>:Q;?ABG9EB7E6DE8DAR??B68AB7A?8??BC6 D=:77=:7:;?8AABU]Q?7AB76>DE?79D8AB6A?EGAQ:G=7=D>?87?B98DE6KR6?DD6Q=B7E?D?B8AB Q?87E>?6B A<=DEQ7?6B=D:R??BU ]Q?7AB D?>CE?79876>CE66D?B :QFAB 8AG?7:D8AB :;<=>?87@P EBHAG;6B8:BB:87=k:;<=>?87@EBHAG;678:B7:R=7?Q;?87AB98DE;9D8?876C668AB7A?8P 76U0=?B6C67AGGABRE?F66B86BE6KA77=;:@8>67D6?89ADEGEH?8AABD>??8??BRE?G@:7:=98P DE;987ABC668AB7A?FAB;99779A886US5D86BABLMNLKNbLPNbcUT 0:D:6C6BD>?87?GG?8A88=ADE7AEGEH?6886RE?F66B<?7==G=Q7@DEQ76B629;6G66KCED6EBQ:P R=C6D6?DD?R6G7?68KD6?DABEGAR6?8AB.9EC6U29;6G6BG9E;?87:@B79GED8AB6;:@8G9E;6P D9B76EBQ:R=U1=>8?;:8C6<6Q99879G?R67G9E;6D9B766B?Q;?8AB7E?;?BB6BC6R6G?B7EP CAB8A9>69D8AB6U";<=>?87@D>??8AC=RE?F66B<?7==;A>DDA?B=8??7=A77=?Q;?BABEB:;P ;=>7=B:7<6?DD6B86C67AQ7=R=B8=R==>?BKC69BEQ76B97R68799B86G9E;6D9BB6876US'GP ;687EPEQCAG;6LMMVKLLkLOUT-9FA;;6BADE7AEGEH?6BD678E766BEGAR6B;:@8<6BABP 7A?87?87=KAG?6C67AGG66BA77=29;6G6EBD6?DA886U5B7=>DA==Q9E;676A77=R6?DD629;6G6 EBD6?DA886K76?D6?DD?EB29;6G6886K8AA?;A>D?78A8?7=A77=D6?DD?EG?8?29;6G66US(?<?P G=?BAB LMMfK NMbUT #:@8.97QA> DE>E87? 8?7=K A77= 29;6G6 EB G=8B= D6?DA886U 29;6G6B G=8B=EGE G9E;6D9BB6886;A>D?78AAKA77=G9E;6D9B76 EB?78A88==B <:Q=K C6 8?7= A? RE? DEQFAGG6>??87=ABU29;6G6EBG=8B=D6?DD?6GG66B76ABC6:GG=<?7=ABAG=;==K;9776A>?7:?P 8AGG=K<AG6876R6GG676R6GG629;6G6EBG=8B=98DE886K86B6886C686D>6;AB7A?886US'G;687EP EQCAG;6 LMMVK ObUT $>E8A88?7AEGEH?6B AF9876C67 DE>E876R67 8?7= A77= 29;6G6 EB G=8B= 8AD=G9EBBE886A77=Q?87E>?6886U.9EBBEGG6EBE;6?78A?86>REB86k8AA?6>RE79<AGD=8P 7==B?Q;?8ABQ?87E>?6876D=8?BU$>E8A88?7AEGEH?6BAF9876C?AB;?AGA87=D>?87?GG?8AB98DEB 79GD?B7EC679G?8?R?AF=8??QAB899B766BKA77=BA8E<?R67:D8??BADEGEH?8AB7EFAGG?899FAB D6B886U.9EBBEB E;66 6>RE6 C6?Q;?8AB :Q7A:77= G9E;6D9BB6B D6B886 79G? DE>E8766U S+A?DDEG6 LMMfK LNkbMUT $>E8A88?7AEGEH?6886 C9;6G6D9R6 ;==>?77::8??87EFAGG?899FAB G9EB7AAB :;;=>7=;?8AB D69776C67AEGEH?6B 79G?8? R6<697766 G9E;?898DE?Q;?8DA8DA?P 8::FA87=C6?Q;?8ABC6G9EBBEBF96G?8;?876U.9EB7E6A?79G?8?79GD?76E86D8??Q;?8ABQ?8P 7E>?66A?D=?Q;?87=E86D8?G9EBBEBQ?87E>?66U$>E8A88?6C677AG9BER67E776BAA7G=Q7@DEQP

&= F6D8AABR6>8?BD?BR6<6979D8AB7AEGEH?6876R6?D977A?76866BAA77AEGEH?7U+6<6979D8AB 7AEGEH?688629;6G6B B=QF==B EGAR6B G=8B= ABBAB D6?DDA6 D@:Q?AB C6 RE?;677E;?AB D=>8?;:D8A88=C676?87AG9886U)=GG@?BD>?87?GG?BABAG=;=;A>D?78AA8EG?F66>?8997768E>>EB C6 A<=E?DA9FAB;9D6?899FAB 9Q>AC6 DEQ766BU /DE7AEGEH?6B RE?F66B 6C67AGG6 EGAR6B G9EB7AAG766BR6<6979D8AB7AEGEH?66U/>?7:?8A87?WA;?B?87?BABR6<6979D8AB7AEGEH?6EB 79EB97 8E>7E6 C6 A<=E?DA9FAB;9D6?899776 DE8DAR??B <EQF?B7E?Q?B B6?8B=D@D9G;6B G?8=D8? ;:@8 ADEGEH?8ABB=D@D9G;6BU /DEWA;?B?8;? Q6G966 <9>D66 <67>?6>D66G?8AB :QP 7A?8D9BB6B F96G?8;AC6KD97AB ;?A8 kb6?babk >99;?8 k ;?AG? 8AD=?Q;?BAB k G9EB7EU /DEWA;?B?87?BAB7AEGEH?6D678EEKA77=7=;=BG?8=D8?;:@8F96G?8;??BQ?;?GG?BABkC9;6P G6GG?BAB 76>R?78AA 99FABG6?876 79GD?B766K DE8D6 ;:@8 ;?AQAB C6 B6?8AB F96G?8;? BEC66 8??QABC6;?AG?D9R6729;6G6876<?7=R=7AFAGGAAB:GG=<67>?6>D66G?8?6F96G?8;AC6U$>E8A88?P 7AEGEH?68E<??Q:R?BADEGEH?8AB7AEGEH?6B<A>9876D8?KDE8D68ADE>E8766D6?DD?ABEG?E?P FAB?78A?86>RE68AD=B??FABDA8D?B=?87=R9E>ER6?D979876C6>??<<9R99776US+A?DDEG6LMMfK OOPOcUT /DE7AEGEH?BAB 6C677AG9 C6 D:8:;:D8AB68A77AG9 EB 7=B= <=?R=B= ;66?G;6G66C9?8A87?D?B R?GD6876K;97768ABD=:7=BB@BR6?D979D8A7D?>DDECABC9G?879D8AABC6E<A79D8AAB79B79P R67 EGAR6B R=Q=?8A7U )=;=B 6>RAGG66B CEQ79R6B 8??7=A77= D=:7=BB@88=8A9>6D9B7?AB C9G?8798KE<A798C68?AG9BQE?7EDA8D?77:R=7<?7D=G7??Q;?8AB8?8=?8AB98DEBAG=;=BQE?76P ;?8AABKA?D=ADEGEH?8AGGA7AEGEH?6GGAC==7?G66U$AG6879876A?:;;=>>A7=DEDE?Q;?8PC6 G9E;6D9BB6B <AG6879;?8AB6 C6 AQA:7:;?8AB=K R66B 8?7= D=8?7AGG==B 98A?B <AGD=87==B QABD?G@DEQ76?8AGG6768EGG6US+A?DDEG6LMMfKbMUT OUNUL1>?87?7:B89QFAG9E;6D9B766BAA77?8AB=KFEH;6677?8AB6C6QABHAGG?8AB=D:8:;:DP 8AB= ";<=>?87@68?E?76 RE?F66B G=QA87:= D>?87?B98DEB C6 D>?87?7:B B=D@D9G;6876 AA77?8AB=K FEH;6677?8AB6 8AD=QABHAGG?8AB= D:8:;:D8AB=U 1>?87?B98DEB ;9D66B?Q;?BAB EB 29P ;6G6BD9R6C668A7A779R687998AABG9E;6D9BB6876U)=87=G=QA8D6?DD?D>?87?7:7G?ABAR=7

&H :Q7=;?AG7=U#?AG?<?FAPA>EC68:B7::KD9B<EQF?766B7=;=B7AQ7=R=B76>DA;<668?8=G7@=U S$?QD6G6LMNMKfUT /A77?8A87= B=D@D9G;6876 D>?87?7:B :;<=>?87@R68799GG?899FAB G=Q7@DEQ76B6 RE?F66B <?P 7== D9G76?876 8==B7@=KCED6 7??R?87== G97A>?G6?8AB A7??D6Be 7AQD== 7E?8AGGA 8A ;?BD= 76QP 7E?8?77A?78AGGABBA7AQ7=R=BU29;6G6BG9E;6?Q;?BABEBD:DABAR=:;;=>7=;==BD9GP 76?8AB8==BB@B8:F=;A88==BU36687AAB6EBA77=D9G76?8AB8==BB@B9GE779;?BAB866P 76?8??B GAR?7A77:= ;:@8 G9E;6D9B766BK B??B A77= E<<?8?;;A D:8:;==B ;?D= EB Q:R== G9EBBEGGAUS(?<?G=?BABLMMfKNNMUT.9E;?8DA>7E;987ABD?B<EQC6G76BE98AR6886&66;6P 79BA7??D6886EBD:8A8??7=KA77=?Q;?BABEBR687998867AE?8766BC67ADA;=77=C=77=;?8?8P 7==B 29;6G6GGAU 'Q;?8A87= 79GAA QA?C68796 D9R6 G9E;6D9B766 >6D6876R6876 29;6G6876U S'G;687EPEQCAG;6LMMVKLLkLdUT &66;679B G9E;?8DA>7E;987AB ;9D66B D6?DD? AG=;= EB 866B976GD9B8629;6G6B76QP FE876U29;6G6EBE8E?776B97D6?DAGGAEGAR6?8AGGAE;6B<6?DD6B86C67AQ7=R=B8=U'Q;?BAB EB 8?FE779 G9EBBEB:;<=>?87@@B C6 ;66Q6BK CED6 EB G9E79 Q=B7= ABBABU 'Q;?8AGG= EB A>?7:?BAB89QFAAG=?;??BKCE7D6G9E7??B?Q;?87=ABBAB C6 D9;<<6BA?D8? ;:@8?Q;?8?GGAU 16?DABEGAR6?8ABG9EC6B629;6G689ECAGAA?Q;?87=C6DEDEG9E;6D9B766K;9776E8E?7766?Q;?8AGGAE;6B<6?DD6B86C67AQ7=R=B8=G9E;6D9BB6BR?GCAG?C=B=C6R6>CAG?C6B6U'Q;?BAB G9EF66B29;6G6BD9R6D8?KC67=;=6B766?Q;?8AGGA6?R6BA>?7:?8AB68A;6B;99BG9EF9B CE9DE886U1E8D6?Q;?8AGGA6BBA766BR?GCAG:BG?8=D8?;:@8A>?7:?BAB7AQ7=R=R6>CAGG6G9EP ;6D9B766K 8A 76>DE?7766 A>?7:?87= R68799GG?899776 29;6G6B AFA88=U S'G;687EPEQCAG;6 LMMVKLLkLdUT16B6F6G6?BAB7AEGEH?4E9HG6836GG79GD?78AA&66;679BG9E;?8DA>7E;9DP 8?6B??BA77=?Q;?8ABQ6GG?B76R6G7689Q7AA886G9E;6D9B766BA?EGA>6C67EBKR66B7E?;?P ;?876?D==BD9?B76GE9FABQE?76C6B629;6G6BE;6886G9E;6D9BB6886U)6GE9FABQE?76C6B 7AQ7=R=EBABBABD6?DDA6R68799GG?BABKA?D=B??BD==BA79E?DA97A779US(?<?G=?BABLMMfK NMLUT1?>DEBADEGEH?8ABR?8?EBG=Q7@DEQF?D8?RE?F66BD?B68A7766G9E;?BABC6G6?B6B76P ;?BABU 1E8D6 29;6G6 ;66?G;6B.9EC6B6 E;?8766 D6?DABK A??Q;?BAB E;?876 ;?7==BU #66?G;6EB29;6G6B;66?G;6U#66?G;6EB;:@8DEBD>AA77?BABB=:7A29;6G6876KCE76 A;;AB=A k G9EBBE886B=D:;=7@B79GAA ;A?GGAB=D:R=D8?U.9EB7E RE?F66B B=?B :;P ;=>7==E86D8?29;6G6B:GA?87=?G;E?79876KCEBD6CED6?BAB?Q;?BABRE?B=QF=C6DEDA6U S0?88?G=LMMfKVMPVNUT29;6G6BD9R6BD6G76?8AD8?G9E79B6D?B?Q;?BABEBE86G9E;6D9BP

&I 766U'Q;?8AGGA6BBA779A>?7:?868A;6DE>E8766ABBABD6?DDA6Q=BABR68799766BG9E;6P D9BB6876KA?R6G76P68A;66US(6G;?LMMfKbfUT 1>?87?77:CAB 98DEB79BB9879D8AB G=Q7@DEQ76B6 EB D69776 6?DECAB EGG97 79BB9876979;?P BAB29;6G66B;66BC676?R66B.9EC6B6U+68799G9E;6D9BB6BAG=;=87=C679GAR6?899P FA876A?7=87=Q9EG?;6776EGAG=QA8D==B6?B6:;;=>>A77:G9E;?898DEBD=:7=BB@GG?8AD8? 9GE779R99FAD8?U S(6G;? LMMfK bfut/b8?;;=?bab 98DEBD6<<6GA R6D997766K A77= 29;6G6 6B766 Q:R=7 G6QC6B86 G9E;6B86 D69776U (A EB D??7EGG?899FAB C6 6D7??R?8ABQ9EGAB<?FEB G=Q7@DEQ76U 1?>DDE EB 8ER?BBEB C6 8ER?79D8AB ;A>DD?B= ;66?G;6886K CED6 EB ;EB?B <6?DE?B 8=>D:B:7U )=;=DE8DAA ;:@8 89QFA776 G9E;6D9B766BU 16B76A8866B R6879976 :;<=>?87@D:8:;:D8?88= D?>DDE 7E7A97766 E;?B76 7AQ7=R==B8=U S1?>DEB :;<=>?87@F?<GEP ;?B D=8?D?>C6 LMNLK VUT ";<=>?87@D:8:;:87AB79G?8? 8??8 B=D:= AA77?8A88= 7E?;?BB6886K ;9776D>?87?7:BD6BB6G76B??FAB<A>987A?FABRE?F66B6C67AGG6EGAR6BFEH;67??D6886KA? 6?BE68766B A7??D6886U )E?;?B76 DEDE G9E;6D9BB6B<9EGA876 RE?F66B B=QF= D>?87?7:GGA 98DEBBEGG?8AB6 RAGREGG?8997AB6 C6 8?7= D69776 8AB 79G?8? QA?C68796 D6?DDAAB Q=BAB D=:P 7=BB@B7E?;?B766B86U ";<=>?87@D:8:;:D8?= RE?F66B 76>D687AGG6 ;:@8 QABHAGG?8::FABK AG? 8<?>?796G?7AA7?B B=P D@D9G;6876U(<?>?796G?7AA7?B7AEGEH?6B76>D687AG976<6RE?F66BB=QF=A7??D6BC6FEH;6P 7??D6B 7=:FAB7=C=B= 76? 8:RAB7=C=B=U S1E7?G6 LMMfK NcMUT 1>?87?GG?8A88= ADE7AEGEH?6886 DE>E8799 98A?B R68799BP C6 RAGREGG?899FAB79BBE876 BE98AR6 G9E;6D9BB6B R6>CAGA;?P BABU#E7?R667?EG9EBBE876Q9EGAQ7?;?8AGGARE?BE9876;:@8 6C679D8A876K A77=;66 EB <:Q=US16?B9G6?BABLMMfKNVMUT1>?87?GG?8AB<AG6879886BE;6B ADEGEH?BAB G9EBBA RE?8? Q6Q;E779699FAGG676R6GG6KCE8E776?8?;;AG9D99BR6BQ66BD>?87?GG?8AAB<A>?B7@@BD99P G9R6B D=8?7:D8AB 7EFAGG?899FAB 86D>66G?876 G9EB7AA876U 0:D:==B <AG68798 Q6Q;E7799 ABBA;;?BD?B?Q;?8AB QABD?G@DEQ76?8AB6 R6<6979;?8AB68::GG?8::FA87=C6D9EGA;6B C=GDA?8A87= 79E;?E876 D9?B?Q;?8AB C6 DEDE G9E;6D9BB6B AQA:7:;?8AB=U S+A?DDEG6 LMMfK OfPbMUT /DEWA;?B?87?BAB B=D@D9G;6 EB D>?87?GG?8AB <A>?B7AAB E86B6 998?K ;9776 86;6GG6 RE?F66BQ6R6?76K A77= 8?GG= EBEGABB6?8?6:Q7:;=DEQ7?6R6>Q6?8AABD>?87?GG?8AAB 6C677AG99BU/DEWA;?B?8;?<6G6977667AEGEH?66BDE8;?8ABQABHAGG?8::FAB9GE779R99D8?6K CE7D6 EG?R67 7::<?GG?8?= D?>DDE?8?GGAU /DEWA;?B?87?BAB 7AEGEH?6 <:>D?? <6G69776;66B 6>P REEB86DEDEB6?8R6G76?8ABQABHAGG?8::FABC66B7666?BAD8?6G9EF67AEGEH?66KCED6D9BB?P

&@ E?7766;6676C68ABDE8DA;677E;997768AD=A78??:Q7AABD99G9R99776DE>E876R?6KD6?DP DA6AG=;==<9EG9876R?679GD?B7EC6US16?B9G6?BABLMMfKNdVPNfcUT OUNUO/DE7AEGEH?6(9E;A886 (9E;6G6?8997AABC6(9E;AABG??7A7==B98A?BG9EB7EC6G9EB7EEBG??77:R=768?67U+6?DD6 7EFAGG?899FA886;EB?B:D:89E;6G6?BABA?EGAD66BG9EBBEBD6B886:Q7=86;6GG676RE?B D9?BA8?P?8=;;AKB??BB:D:==BD?B;EB?89E;6G6?BAB;ABAAG9EB7EEB>69QE?779;66BU $A>?B7A?8AAB 89E;6G6?8AAB AG=;=B;9E7EEB EB D99G9B976C6798G9EBBEB<:Q::FA87=U $:Q::FAB :;;=>7=;?8AAB G??77:: 6C6798 DE8DA;677E;99FA876 C6 D9BB?E?79D8A876 86P ;E?BD9?BD:D:6?87?6D69BA9776C6?Q;A7AGG=U(9E;6G6?87ABG9EB7E89QFAEBEGG97Q:R?B DEDEB6?8R6G76?BABU169776Q?87E>?6B89E;6G6?BABEBDEDAB97:Q7AABD99G9R99776G9EBP BEBC6G9E;6D9BB6BD6B886Q9EG?;67768??7=KA77=G9EBBEBRE?;67ER677E?866G769Q6BP BAA7 8AGR?:7:;?87=U(9E;6G6?8AB 89Q7AA8AAB G9EBBEB D6B886 G??77:R=7 DEDA;9D8A7 Q?GP C6?899FA876KD??>AA77@;::FA87=KAQA:7:;?8A87=8AD=?Q;?87ABC6D6?DABG9EF9B7686RA>P 76?899FA876U 16?DD? 7=;= G??77:: DEDEB6?8R6G76?8AABD9R66B?Q;?8A87=C6;66?G;6876K CED6EB;:@8&66;679B86BE;6B:F?B7=U&6DD698C6:Q7AABD99G9R998G9EBBEBD6B886 RE?R67 7E?;?6 <6GCEB <6>A;<?B6 ;E7?R667?E?B6 G9E;6D9BB6876 Q9EGAQ7?;?8AGGA D9?B R68799C6RAGREGG?899FAB79B7EUS16?B9G6?BABLMMfKNdVkNdgKNVMUT 3?87E>?6GG?8A886797D?;9D8A886D=:?G;?KA77=(9E;AB:;<=>?87@Q?87E>?6886EBEGG97;EP B?66D7??R?8?6D>?87?77:C=AFAGG=D=R?C@?7=U#66BAB8?;;=?8ABG9EBBEB89ECAG9:QF?87:D8AB <A>9876C6EG?D>?87?77:l6JQ6>?68)E<AG?98C6AB8?;;=?BABR6G7?EBG9EBBEB89ECAG9R6GREC6 &A?BE16GG?EG67E?;?R6QR6G76D>?87?GG?8AG7=6>RE<EQC6G76U+6?DD6D>?87?B98DEBC6G9EBBEBP 89ECAG9B R=G?GG= A? EGA >?87?>??766 EB7?AFE87A776R6K A77= D>?87?77:CAB DA8D99FA886 EB:Q= <6GCEB:;<=>?87@BD6BB6G76EBHAG;6GG?8?668AB7A?76U586D>?87?7:?87=6C677AGAAC698DEEK A77= EGABB6?8?B76 EB DA8D?77:= 8?AG9CAB <AG6879D8AAB A?D= ;66GG?8AAB ;66?G;66B EGA 8::7= D??BB?77== Q9E;?E76U#EBA7 6>RE876R67:;<=>?87@B89ECAG96K;977A?R=7 <?F= 8?7= D>?87?77:CAB 76? D?>DEB A>?7:?87AQ7=R=B=U 19?7ABD?B (9E;AB AD9;AAB?BAB BA9RE87EK (9E;AB899>?;;67D?>DDED9BB67C6;EBA7D>?87?GG?8A7C=>CA87@7ER67DE>E876BAA7KA77=

&M G9EB7ED99G99D>?87?B98DEB:F?B68?E?Q?BU1:8AA?EGA;?87==B7E?88?C6?8A876KR66BAG=;=B <A>9868?6876U2E86?BAAGG?876;66?G;66A?EG?8?KA?EG?8?QABHAGG?87=D==B<AG6879876U.9EP ;?8ABG?8=D8?EB<6?BE7A77929;6G6B7E?;?B766G9EBBEBDA8DAGG=G9B6879D8ABC6<:Q?7:DP 8AB98DEBD6<<6GA?FAB6G9AAGG6k;:@81>?8798C6$:Q=3ABD?G??77:R=7G9EB7EEBU1>?879DP 8AB <AG687987:@B 8A9>69D8A7 R6?D9776R67 DEDE G9E;6D9B766B C6 $:Q= 3ABD? 7E?;?? G9EBBEBDA8DAGG=US$?QD6G6LMNOKNNPNcUT OUL (9E;ABAR6BDAG?8PG97A>?G6?8ABD?>DEB:;<=>?87@AA77?8?=D6BB6BE77EC6C6:;<=>?8P 7@7:@7= (9E;ABAR6BDAG?8PG97A>?G6?8ABD?>DEBD??BBE8798ADEGEH?8??BD:8:;:D8??BQA>=8?:GA?8A87? NgVMPG9R9GG6U 1AR==GG= NggO 1?>DEGG?8DEDE98 <==77? D??BB?77== 8A9>6D9B7?AB Q9E;?E76 ;==>=7?A7E?8AB :;<=>?87@B899BB?77AG9B C6 ADEGEH?8766C677AG96AF?87=R?ABQ6BDDA?FAB 7=>DA:7AABU(6;6GG6Q6Q;E7AG7??B:GA?8A7ADEGEH?8?GGA<A>?6677A?GGA<EQC6979R67G?BC69DP 8A7KCE?FAB<A>987AAGG68A9>6D9BB6786677E?R67G667?6E;677E?;?B76EQCAG;6B86US3:7@P BAB LMMOK dokfnut 1?>DEB<??>?88=EB R??;A R9E8?AB 6?D6B676<6Q79B97 Q9E;6776R687? DAQ?7:87=:;<=>?87@68?E?886U1?>DDEQ6GG?798EBC9GD6?8897D?>DEB?G;687EPEQCAG;6B1??7EGP G?8998KD9BB?E?798KDEQ7998SLMMVTC6D=:7@88=EBR9EFA876LMMNEGG97:;<=>?87@F?<GEP ;?C=>CA87AG;=KCE886R6<66AQ7E?8?6:;<=>?87@8A>7?W?D6677AC6;:@BBA7==B:;<=>?87@R68P 79976 D6B76R?GGA 8A9>6D9BB?GGAU #A?F=B D?>DDE kd?>deb :Q7A?BAB 87>67AH?6 LMNc 8AD= 1?>DDELMLMk (9E;ABAR6BDAG?8PG97A>?G6?8ABD?>DEB 79GAR6?89988AGEB7ADE D=8?77AGAR=7 D?>DEB:;<=>?87@68?E?FABG?BC69D8?6U.?8=D8?D?>DEB<??>?88=7AQF==B:;<=>?87@D68R6798P 7:@7=KCED6EB79GG97B=D:R=D8?;99B;96886+?Q>A=7>?<6>?7kQ6BDDAA886U";<=>?87@P AA77?87AB?B7>A88?AB;9D6?BAB7E?;?B76C68??QABD6BB9876;?BABEB8??8Q:R?BB=Q7=R?8P 8=D?>DEB7E?;?BB6886U

"C OULUN";<=>?87@F?<GE;? (A9>6D9B7?6R6>7ABG66F?779:;<=>?87@C=>CA87AG;=EBA8?7AG7:1?>DEB:;<=>?87@F?<GE;?B D=8?D?>C6886KCE886D=:F==BG=<?8A9>6D9BB6BA>?7E?;?BBE7CE?GG6EB:;<=>?87@R6?D979DP 8?6U";<=>?87@F?<GE;?BE9F67766R?>6GG?87ABG6679C=>CA87AG;?AB>6DABBA776Y899BB?77AGAK 7AA C6 76>D?876U (A ;9D6?GAA D6B86?BR=G?8?= :;<=>?87@C=>CA87AG;?= '(5 NbMMN C6 /#,(K ;9776R667?;9D8?6EB8ERAGGA7798A9>6D9B7?ABEGE89Q7A?8??BC67E?;?B766BU4?<GE;?876 EBQ6G9779G9EF66?FE87?R6?D9776R6C68?GG=Q6G9766B8?7E977668A9>6D9BB6BKQ??<<6D9BP B6BC6D?>DEBCEQ7E:Q7A?8AAB:;<=>?87@C=>CA87AG;==BUS(?<?G=?BABLMNMKOOPObUT 19B 8A9>6D9B76 Q6G966 Q6DA6 :;<=>?87@F?<GE;?6K <==7@D8AB 7ADAA D?>DDEBA9RE87EU 1?>DDEBA9RE87E ;:@8 Q:R=D8:: :;<=>?87@EQCAG;6BU 3??<<6D9B76 E86GG?8799 <>E8A88??B G=QA77=;=GG= 8A9>6D9B766B 69F?7E?C6BK CEBD6 C=GDAAB:;<=>?87@7E?;?D9B76D=8?77AGAA Q6DA;9D8AB C679E;?ED6<?79G? 6B766 G6989B7EB86U 2ED6?BABQ6DA;98 8??8 D9GDAA D?>DP DEQA>>6BC6<??8<6BD69776U(ABC=GDAABQ6DA;9879GAA6>DD?<??8<6BCEQ76;6BD?>DDEQ6GP G?79D8AB?879BBEBD=8?77AG::BU,>DD?<??8<66GGAD?>CE?7766D6?DD?;:@BBA7:7F?<GE;?7U";P <=>?87@F?<GE;?BR667?;67:@8DAB7AG:EBG9EB7AAG766BDAQ?7:87:@7=U1AQ?7:87:@BEBB?8P 79;?8ABD6BB6G76EBQ:R?B7=>DA==A77=7:@8DAB7AG:GG=EBCEQFEB79D?C6A77=7:@:Q7A?8@ 8?7E9799 6?FE87? :Q7A?8??B 76RE?77A?8??BU S(?<?G=?BAB LMNMK ObUT 2E?886?B Q??<<6D9BB?886 F?<GE;AC6EBR6?BR=Q=BU(99>?8868A9>6D9B76:Q7:;?88=Q6687AAB6EB:G=768EBC6>9EP QEBC99>?768EB:Q7A?87:@US$?QD6G6LMNOKNbUT ";<=>?87@F?<GE;?886 AFAGG:7A7==BK A77= 7:@B7AD?C=7 79B7AR67 E;6B 7E?;?B76B86 :;P <=>?87@R6?D979D8A7 C6<:>D?R=7 ;?B?;E?;66B :;<=>?87@Q6?767U )=;=B 76RE?77AAB 866P R9776;?8AD8?EBQABD?G@87@GGA6BBA776R676><AAGG?8A886;==>?B7?A7E6C6R6G;?9D8?6U1=:P 7=BB@B 768EGG6 F?<GE;? RAGRE?7766 8A9>6D9B766 ;99776;66B D=:7=B7@C==B :;<=>?87@P R68799GG?8A;<66B899B766BD6?DA8867E?;?BB68866BU ";<=>?87@F?<GE;?B ;:@B7=;?8AD8? 8A9>6D9BB6B 7=:7:: 7=:77== 7?A7:7 ;?B?;?D>?7AA>?7K CE?FAB G?8=D8? 8A9>6D9BB6B EB DA>=77=R= NMM <?87A77= F?<GE;?B <?87A:7:8C=>CA87AG;=B ;9D6?8A87?U#?B?;?D>?7AA>A?88=C6<?87A:7:8C=>CA87AG;=88=;6?B?766B;99B;968868A9P >66R?668?E?76Y

"& P )6GE9FAB C6 7E?;?BB6B 899BB?77AG9Y 8?CE?79D8?886 BE9F67A766B D?>DEB R68799GG?P 8AB 8?CE?776;?8AB <A>?6677A?76K D=:7@88= EB Q??G?G68D9>?K :;<=>?87@;A>D?77:CAB 79E77A?FAB D=:77@@BE77EK 76R6>E?FAB 998?;?8A886 D=:7A77: Q6>D?B76K Q6BD?B7EP CABK;:@8E87E<6GRAG9?B67AQ7=R?ABQ6BD?B7ECAB8AD=D?G<6?G9798>6C6B6G?776R?AB Q6BD?B7ECAB:;<=>?87@E;?B6?899D8?AB8AGR?77=;?BABU P 2=7AQ9EG7EY C=77AAB ;==>=B R=QAB7=;?8899BB?7AG;6K R66>6GG?87AB C=77A?FAB D=P 8?77AG:B C=>CA87=;?BAB C=7AQ9EG7E;==>=:87AB ;9D6?8A87?K [?EC=77A?FAB A>?GG?8DAP >=:8KQ:@7:C=77AABDA>==;?8ABD6776R6C=>CA87=;?BABU P (??RE98YQ6?76GG?8?6 6?BA?76 EB R6?QFA779 79>R6GG?8A;<??BK 8??RE9D8A886 D=:7A7==B :;<=>?87@=8==87=R?=79E77A?76U P /BA>H?6 C6 >6DAB76;?BABY 8=QD@BK G=;;@B C6 RAFAB D9G979D8AB 8==BB@GG?BAB 8A9>6B76K998?979R6BABA>H?6BD=:77@U P &9ED6C6DA?77?@7Y:;<=>?87@;A>D?77:CAB79E77A?FABD=:77=;?BABKD6QR?kC67AAP Q6BD?BBE?886 &A?G9B D69<6B 79E77A?76K <A>98AG?B76>R?DDA?FAB D=:7@88= G=Q?P C6 G9E;979E77A?FAB89E8?;?BABKD68R?8>9ED6R6?Q7EAQFEB76>CE6;?BABU P )E?;?87E7:@Y Q6BD?B7EC67AQFA88= 79E77A?FAB:Q7AB= R6G?B76D>?7AA>?B=:;<=>?8P 7@E;?B6?899FA7K998?E<6<A>?BC6;9?FAB998?E79E77A?FABD=:77@U P.??DABBAY D?;<<6D::7?AB C6 :Q7A?8D9GCA79D8?AB 89C9R998K D=RAG:BK <:@>=?G:B C6 C9GD?8ABG??DAB7AABD=:7@BAF?87=;?BAB7:@;67D6PC6;99886G??DD9;?8A886U P ";<=>?87@D68R679D8AB7E7A9776;?BAB8A9>6D9BB6BA>?7E?;?B76;9EFE?886U ";<=>?87@F?<GE;?B R667?;9D8?886 C6 <?87A:7:8C=>CA87AG;=88= ;6?B?766B D6?DD? BA 7E?P ;?B7676R67CE7D67=88=797D?;9D8A886ER676>R?E?B7?ABDEQ7A?B6U.?8=D8?F?<GE;?BD>?7AAP >A?B= EB 899>? CE9DDE A8?;A>D?D8? ;A78=BQE?7EEB C6 Q697698;6?FAB C6 R?QA>6G9A?FAB QE?7EEBG??77:R?=RAGRE?77A?76U 0??GG=8A9>6D9BB?GG6KCE?FAB7:@B7AD?C@?7=7=88=E<?BB=:7A7:@88=EB?BWE>;6B77A?B6KEB D6?D?GG6:;<=>?87@F?<GE;?U4?<GE;?EB;:@BBA77:DEDE3AG8?BH?B8A9>6D9B76:Q7:;=GGAU S1?>DEB:;<=>?87@F?<GE;?BD=8?D?>C6LMNLKLVUT

"" OULUL1?>DEB?G;687EPEQCAG;6 1?>DDEQ6GG?79D8AB68A776;67:@>:Q;=86?LMMf7AQ7=R=D8AABR6G;?87AGG6(9E;ABAR6BP DAG?8PG97A>?G6?8AGGAD?>DEGGA?G;687EPEQCAG;6BKCED6NT6B766D?>DEGGAK8A9>6D9BB?GGAC6D?>P DEBC=8AB?GGA8AGDA?7=89E8?79D8?6C6LTQA>=77==D?>DEBB=D@D9G;6876DA8D987AG96?G;68P 7ED:8:;:D8?87=8AD=OTC=8AB7==?G;687ED:8:;:D8A7D?>DEB98DEEBKE<<??BC6AG=;==BU +9EBB6 LMMV C9GD6?879 (9E;AB AR6BDAG?8PG97A>?G6?8ABD?>DEB?G;687EPEQCAG;61??7EGG?P 8998U19BB?E?798U1EQ7998UD97899B?;AB8=;9D6?8A87?DEG;AAB68?66BYD??7EGG?8997AAB Q:R=B 29;6G6B G6QCE?876K D9BB?E?776;66B AG=;== C6 29;6G6B G9E;6D9B766 8AD= A78?P ;==BDEQ799GG?876AG=;=B76<66U'G;687EPEQCAG;679EA8??BD?>DEBC6D>?87?77:CABR68799B :Q7A?8?88= :;<=>?87@76GDE?886K ;9776 6B766 ;:@8 DEBD>AA77?8?6 D=:7=BB@B 89E8?79D8?6 B??BD?>DEBDA8D98Q6GG?BBEGGAK8A9>6D9BB?GGAD9?BC=8AB?GGAD?B?G;687EB;997ED8ABQ?GG?7P 8A;?8AD8?US'G;687EPEQCAG;6LMMVUT 'G;687EPEQCAG;6GGA Q6G977??B R6QR6 7AEGEH?BAB <EQC6U 1??7EGG?8998 29;6G6B G9E;?8A886 6B76;?876 G6QCE?876 8AD= D??7EGG?899FA876 BE98AR6 >6DD698 866R67 7E?;?;66B G9EBBEB Q:R=D8?U 1??7EGG?899FA876 BE98AA D9BB?E?798U 1??7EGG?8998 C6 D9BB?E?798 29;6G6B G9E;6P D9B766 DEQ766B 69776R67 A78?;==B DEQ799776C6D>?87?B98DEEBD99G9R66:D8?BDA>76?876 AG=;=B76<66KCE886EGABB6?8A768?67A>E779R67U1E>E876A8866BDEQ799776D>?87?B98DERE? ;9EFE8766R6876RE?;6B:G?DE>E879BAAGGAD9G9798D9G7799>?GGAUS(?<?G=?BABLMNMKOVPbMUT 'G;687EPEQCAG;6B ;9D66B D?>DDECAB 79GAA 6>RER6?D9776C?B6DE>E7766==BAB8=D@:Q?;P <?AB?Q;?87ABC6DEDEG9E;6D9BB6B79GAR6?899FAB<9EGA876U";<=>?87@9QD?ABAFA7A88= D>?87?GG?87AB :Q7A?8@CAB 79GAA <6?78? 99F?8796 QABHAGG?8A87?K ;:@8 7E7A97766 D=:7=BB@B >67D6?89?8866BADEGEH?876R6879976U'G;687EPEQCAG;689E8?7766D?B8A9>6D9BB?GGAD6?DD?AB 7E?;?B7ECAB DAQ?77=;?87= B??BK A77= BA ER67 A8?;A>DD?B= 8A9>6D9B76G6?8?GGA C6 :;<=P >@?R=GGA:Q7A?8D9BB6GGAUS'G;687EPEQCAG;6LMMVUT 'G;687EPEQCAG;6886 6BBA766B ;:@8 DEBD>AA77?8?6 89E8?79D8?6 D?>DEB C=8AB?GGA E;6B AG=;=B8= ;99776;?8A886 DEQ799GG?8A;;6D8? C6 8??B= EQCA?87A766B 8AGR?77=;==B ;6QP FEGG?899D8?6 R6?D97766?G;687EB;997ED8AB Q?GG?78A;?8AABU 'G;687EPEQCAG;6886 7EFAP 766BK A77= D?>DDE Q6G966 A8?77== C=8AB?GGAAB DEBD>AA77?8?6 76<EC6 7E?;?6?G;687EB;99P

"# 7ED8AB Q?GG?78A;?8A88= C6 EGG6 B=?B :Q7AB= 7E?;?C6B6 <9EG9876;6886?Q;?8AB C6 ;99B G9E;6D9BB6BQ:R=BAG=;=BAQ7EC6US(?<?G=?BABLMNMKbMUT OULUO#A?F=BD?>DDEkD?>DEB:Q7A?BAB87>67AH?6LMNc 1EDE D?>DEB DAQ?7:D8AB :Q7A?87= 899B766 C6 <==;==>?= R9E7AAB LMNc 866DD6 DEDE66 (9E;ABAR6BDAG?8PG97A>?G6?8ABD?>DEB87>67AH?6m#A?F=BD?>DDEkE86GG?899FAB:Q7A?8@mU +9EBB6LMMfC9GD6?879D?>DEB87>67AH?6R9E7AABLMNcD?7A:77==D?>DEB<A>987AQ7=R=BC6 <??>7== 899B76R??R67 7E?;?BB6B DAQ?77=;?8AGGA 79GAR6?899FA886U )6RE?77AAB6 EG? 87>67AP H?6KCE8867AQF:7R6G?BB67866R67DEBD>AA77?8AB;9EFEB<6?D6GG?8768EB899BB?7AG;?886U #:@8:;<=>?87@B=D@D9G;6C6R68799G9EBBE876EBBE87A779A8?GGA87>67AH?6B6>RE?886C6 ;6?B?779CE<6 D?>DEB <A>987AQ7=R=88=Y n1?>deb 7AQ7=R= EB D97896?Q;?8?= 6>;EGG?8AB 29;6G6B:Q7A:7AABK79EF6AG=;==BDA87=R=<A>9876C6>EQD6?876R=G?77=;==BG=Q?;;=?P 8?87=C6G9E;6D9BB6876jU1?>DEB6>RE7EB87>67AH?6886D?7A:7A77:BAGC==BDEQ766BY$:Q=B D9BB?E?798KR68799GG?8998KE?DA9FAB;9D6?8998C67E799FAGG?8998KCE?876R68799GG?899879E A8??B B?;ABE;66B :;<=>?87@R68799B B=D@D9G;6BY jr6>caga;;a G9E;6D9B766K D=:P 7=;;A D6?DD?6 RE?;6R6>EC6 R68799GG?8A87?K 76RE?77AGA;;A DEQ799GG?899776 AG=;=B76P RE?886jU S586GG?899FAB :Q7A?8@ LMMfUT (7>67AH?6B B=D@D9G;6 79B799D?B EGAR6BK A77= G9EBBEB89ECAG9A?EGA:D8?D?>DEB7E?;?B76;9EFE?876KR66BD6?DAB7E?;?BB6BG=<=?8AR= <A>987AQ7=R=C6P6>REU OULUb1?>DDELMLM(9E;ABAR6BDAG?8PG97A>?G6?8ABD?>DEB79GAR6?89988AGEB7ADE 1?>DEGG?8DEDE98 <==77? 8::8?879BBE8866B LMMV <A>98766 <:8:R=B 79GAR6?8998R6G?EP D9BB6B8A9>66R6B7E?;?D697AB866G9876KC6A77=D?>DDEQ6GG?7986B766BAGC=BR9EFABR=P GA?BD?>DEGG?8DEDE9D8AGGAD?>DEB79GAR6?89988AGEB7AEBU+9EBB6LMNMC9GD6?8798861?>DDE LMLMk79GAR6?89988AGEB7AE886E7A766BD6B766:;<=>?87@68?E?Q?BGED66G?GG68AD=;66?GP ;6BG66C6GG6768EGG6U

"$ #66?G;6BG66CEC6 D:8:;:D8?= R9E7AAB LMLM D678AGGA886 ER6779GAR6?89988AGEB7AE886 >9E6B79E76BBEB ;6QFEGG?876;?BABK RA8?Q9EGGEB C6 >66D6P6?BA?FAB 79>R66;?BAB 8AD= 7697?ABC6?G;687EB8==7AG:U#A>D?77=R=B=D:8:;:D8AB=EB;:@8ABA>H?679E76B7EU-9P FAB7ADBEGEH?6BC6ABA>H?67AQEDD99FABDAQ?77=;?8A88=79G?8?8AGEB7AEB;9D66B<==87= >??77=R=BRE?;6DD66GGA;997E89>6GGAU#:@8D9G97987E779;987ABK7ADBEGEH?8ABDAQ?7:DP 8AB768EB8AD=R=A87@B;==>=BD68R9B7EFA766BR6?D9776R6BADEGEH?8AABD6B7ED:D::BU (AGEB7AE886A8?7A7==B ;:@8A77=EB6>R?E?79DAQ?7:D8AB C67D9A886 B:D:?8AGG==BK A77= R9EBB6LMLM?Q;?8D9B7676>R?78AABE?BNKf;66<6GGE67::F:77=;==B998?979R?ABG9EBP BEBR6>ECAB 76><AAB C6 ADE8:87AA;?AB Q??GAB 8?FEB76D:R:BU #:@8 ;66<6GGEB DA8D?P G=;<@7?G6B 6>R?E?F66B BE98AR6B C6?G;687EB;997ED8ABR6?D9776R6BDEDEG9E;6D9BP 766B8:R=87?C6<A>99776;677E;687?US1?>DDELMLMLMNMKLMUT (AGEB7AE8867EFA766B;:@8KA77=79GAR6?899FA886G9EBBEBR6>ECABB?9DDABA;?BAB7?AP FE87A766BAB7?87=<6>A;;?BC6ADEGEH?8ABDA87=R::FABR667?;9D8A7DERABAR67U)97D?P ;987AB ;9D66B 89E;6G6?8?G76 G@:7:: Q6G96 ;997766 D=:77=:7:;?87==B :;P <=>?87@:87=R=GG?8A;<==B899B766BK;97768AA?R?AG=>A6G?8E?F97ADE?B6U1?>DEBK8AB8A9P >6D9B7?ABC6C=8AB7AB79GAA8AGEB7AEB;9D66B6>D?8?886 D=:7=BB@B >67D6?89?8866B 7E?P ;?6AA77?8A87?C6D6B766ADEGEH?876R6879976U"Q7A?BABQ9EG?;66<6GGE876RE?;E7?RE?F6 B?9DD997AABE;?886D9G9798>67D6?89?886U )=;= ;A>D?78AA D9G979D8AB R=QAB7=;?87= C6 DEQ799GG?8997AAB <:>D?R== AG=;=B76<66U )9GAR6?89988AGEB7AEB ;9D66B G9EBBEBR6>E?P Q?B<EQC6979R6jR6>6GG?8998jRAGRE?7766D>?87?77:C=G9EBBEBR6>ECABR??8668AABD=:77@@BU S1?>DDELMLMLMNMKLNUT

"= b )-)1'#-1(/01534/K+'')/1/3"(2,#/0/)/.#%) %GD==;9D6979DE7=;=B;66?G;6B;ABEEBKR66B;99779D66K 99F?879D66;?AGAG7=BBAo &EE;UNLYL bun )97D?;9D8ABDEQFAC6797D?;98D:8:;:D8A7 +6?DD6?Q;?8AB 6>RE7 C668AB7AA7;:@7=?GAR=7 CE76D?B?G;?@7=K RE?Q=BABD=:77=:7:;?P 8AB8=D9?7ABD?BEGG68ABR6876?876U'Q;?BABA?6?B6R=G77=;=77=D=:77=:F:6?DE;987AB86 ;9D6?8A87? Q9EG?;6776 8??7=K A77= Q=B 7?AFE8766CEBD?B EBHAG;6B C6 8AB 6?QA9776C6BK E866A87==EBHAG;6B8:B7:;?87=C6EB8?7E979B97;997ED8AABUS(6GEBABLMNMKNbfUT )=;=B E<?BB=:7A7:@B 76>D687AG9B DEQFA EB 7=88= B??B86BE7988668ABBE?79;?8ABC6 D=:77=:7:;?8AB R=G?8A88= D9?G9886U )97D?;9D8AB DEQ7AAB6 7=;=?G;?@ EB R667?R6K 8?GG= 86;6D=:77=:7:;?BABRE?CEQ796A>?8:?87=C67E?866G76?Q;?87AB86;6BG6?BAB68ABBARE? D9?7ABD?B CEQ766 A>?G6?8AAB D=:77=:7:;?8AABU )97D?;9D8A886 8AGR?7A7==B68ABBE?79;?P 8AB C6 D=:77=:7:;?8AB R=G?8?= A>EC6 8AD=:;<=>?87@R68799GG?87AB D=:7=B7@CAB;6QFEGG?P 899D8?6 797D?776R?AB 7:@AG=;=88=U 5<?BB=:7A7:@B 76RE?77AAB6EB79E7766 :;<=>?87@B D6BB6G76DA87=R=;<==B6>DAAB8??>7:;?87=79DAR667?A7E6U )97D?;98D:8:;:D8A7ER67Y NU $E?DDA66DE :;<=>?87@AA77?BAB 68ABBE?79;?BAB C6 D=:77=:7:;?BAB 7E?8?8766B 797D?776R?AB6C677AG9886p LU #?7= 8?8=?8?= C6 9GDE?8?6 A87A?7= :;<=>?87@R68799GG?8AB D=:77=:7:;?8AB >6DAB79P ;?8AGG6EB797D?776R?AB7:@AG=;=88=p OU #?GG6?8?BDA?BE?B:;<=>?87@R68799GG?899FAB7E7A979;?876EG?8?;6QFEGG?876AF?8P 7==797D?776R?AB7:@AG=;=88=p

"H bul )97D?;9D8ABR??7ADAQ:8 )=88=797D?;9D8A88676>D687AGG66B?Q;?8AB6>D?8767E?;?B766U'Q;?8AB6>D?BAB7E?;?B76 EB>??<<9R6?876R6GG?78AR?876EGE89Q7A?876K8?GG=EGA;;AE86:;<=>@?R==D9G7799>?6K8AD= E86GG?879;;A 6>CA886;;A 8AB;9EDD66;?8AABU1=:77=:7:;?87=;;A;==>?77=R=7 8AD= 8?8=?8A7 7AD?C=7 A77=?78A;;A 9GDE<9EGAGG6 EGAR67 A87AA7 C6 D6BB987AA7U S(6GEBAB LMNMK NccUT bulun,8abbe?79;?8abc6d=:77=:7:;?8abr=g?babd9?g9 )=;=BE<?BB=:7A7:@BA;<??>?8ABE86B769876BG9E,>7E5U(6GE8ABR=?7@8797D?;981A8P 7=R=DAQ?7:8HGE[66G?B6C6BQ:R?BRE?B7?:Q7A?8D9BB6BQ6687AAB6KCED6C9GD6?87??B3AG8?BP H?B:G?E<?87EB 5<A776C6BDE9G9798G6?7ED8AB D=:77=:7:;?87?A7AAGG?8AB 7?AFAD9BB6B C9GD6?P 8986>C6886;6>>68D99886LMNMU(6GE8ABR=?7@8D?>C6B797D?;986?BA?87EB6ER67DA87=R==B DAQ?7:D8AABC68ABAF?87=;?8AABG??77:R=7AE>AA77?BAB7?A7EC6A;<??>?BABAR?FAB88?8AD= 6?BA?87EK CEBD6?BWE>;6B77A?B6 EG?R67 #A7>E<EG?6,;;677?DE>DA6DE9G9B E<?8DAG?C67 SBXLNMTU(6GE8AB R=?7@8797D?;9D8AB DEQ7AAB6 ER67?Q;?87ABDA87=R=BDAQ?7:D8AB;9P D6?8A768AB7AA7C6D=:77=:7:;?BABU(6GEBAB76>D687AGAA?Q;?8AB6>D?8767E?;?B76689EP ;6G6?8A886 D9G7799>?8A886 DAQ:D8A88=K HGE[66G?886 6C6886U )97D?;9D8A886 8AGR?7A7==B 68ABBE?79;?8AB C6 D=:77=:7:;?8AB R=G?8?= A>EC6 8AD=DA87=R=BDAQ?7:D8AB;9D6?8AB 6>CAB >6DAB79;?8AB A87A?7=U (6GE8AB A8?77=;?AB 797D?;9879GE87AB ;9D66B DA87=R=B DAQ?7:D8AB;9D6?8AB68ABBE?79;?8ABC6D=:77=:7:;?8ABR=G?GG=EBD9?G9U1A87=R=BDAQ?P 7:D8AB ;9D6?8AB 68ABBE?79;?8ABQ6R6?77??B EGAR6B :GA?87=K ;9776 ;:@B7A?8A87= 68ABP BE?79;?8A876 A? R=G77=;=77= 6?B6 8A9>6BB97 DA87=R=BDAQ?7:D8AB;9D6?876D=:77=:7:P ;?87=U1A87=R=BDAQ?7:D8AB;9D6?8AB6>D?8ABD=:77=:7:;?8ABA87A?87=;A>D?77=R?;;=7 EG?R67DE>DA67D9876BB9D8A7K7?AFEB<997AC6D??>AU(6GEBAB6B6G:8E?797D?;986?BA?87EP 66B8AD=;==>=GG?8?BKA77=G66F9GG?8?B;ABA7AG;?BUS(6GEBABLMNMUT )=;=BE<?BB=:7A7:@B76RE?77AAB6EB8AGR?77==EBDE(6GE8ABQ6R6?78A;668ABBE?79;?P 8AB C6 D=:77=:7:;?8AB R=G?BAB D9?G9Q6R6?776R?886;:@8 3AG8?BH?B 8A9>6D9B7?AB C6 8A9P