Citation
The Dade City banner

Material Information

Title:
The Dade City banner
Place of Publication:
Dade City, Fla
Publisher:
I.M. McAlpin
Publication Date:
Frequency:
Semiweekly[-1971]
Weekly[ FORMER <1925>-]
semiweekly
regular
Language:
English

Subjects

Subjects / Keywords:
Newspapers -- Dade City (Fla.) ( lcsh )
Newspapers -- Pasco County (Fla.) ( lcsh )
Florida -- Dade City ( fast )
Florida -- Pasco County ( fast )
Genre:
Newspapers. ( fast )
newspaper ( marcgt )
newspaper ( sobekcm )
Newspapers ( fast )
Spatial Coverage:
United States -- Florida -- Pasco -- Dade City

Notes

Dates or Sequential Designation:
Began in 1913.
Dates or Sequential Designation:
-67th year, no. 13 (Sept. 9, 1971).
General Note:
Carl B. Taylor, editor.

Record Information

Source Institution:
University of Florida
Rights Management:
This item is presumed to be in the public domain. The University of Florida George A. Smathers Libraries respect the intellectual property rights of others and do not claim any copyright interest in this item. Users of this work have responsibility for determining copyright status prior to reusing, publishing or reproducing this item for purposes other than what is allowed by fair use or other copyright exemptions. Any reuse of this item in excess of fair use or other copyright exemptions may require permission of the copyright holder. The Smathers Libraries would like to learn more about this item and invite individuals or organizations to contact Digital Services (UFDC@uflib.ufl.edu) with any additional information they can provide.
Resource Identifier:
01549631 ( OCLC )
sn 95047372 ( LCCN )
ocm01549631

Related Items

Preceded by:
Dade City star
Succeeded by:
Banner (Dade City, Fla.)

UFDC Membership

Aggregations:
University of Florida

Downloads

This item is only available as the following downloads:


Full Text
xml version 1.0 encoding UTF-8
REPORT xmlns http:www.fcla.edudlsmddaitss xmlns:xsi http:www.w3.org2001XMLSchema-instance xsi:schemaLocation http:www.fcla.edudlsmddaitssdaitssReport.xsd
INGEST IEID E1YODF1NR_VSI318 INGEST_TIME 2015-03-27T18:53:43Z PACKAGE AA00028981_00524
AGREEMENT_INFO ACCOUNT UF PROJECT UFDC
FILES



PAGE 1

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`= (=B.7F5 B>?(?>757@5B=E*=E"M5=>?=7B**=RAF>=5?>5*=56E8=*=>*==IBIB?A===CBBE ((5?E7B=.7F?7B=5@7(=(=5*=>*??5=>==JA=E*75F5?(=*55N(5B?77BB=5*=*(5KE7(=AB5A=5*==5?5=5(=7*75*-?5;A=.B5?=(5A6*AE55C7BA==.7FA>7555C5ACE=5A5==5E5=E>@5>7B7*=5=E75(=*5?B=C;>-(A==C5?=57B*5*>50*E55?=*=>*=(57B5*=77A(7(5=AE(*>BA==A5775C5=55A=E7*).(9C75?7BaX@B=5(E5=A=A5==5>*=>**5=5A(575E7*=57B*5@*>5A577(577DB=C=D45775=7B=EE55;@**>BE>75*A=@5?(=C(A77E(=.=5*=>*=A;5*=B=>=(B(A=5*=A*>B(775?=5=(CB?7=A=5=EE5=*7A=57.(A5C5?*A=>?==(577,5B5?*@=+*=*F=5*>5BAE5*F>E>**5>A5=5(A5>(=**5B=5A5(>=A>C?5@**5>55=E@5?(6*F>=>7575C=(77@5? C=5=8=575?=5==5F>77A*>=*FF.(ACBEE8R((=*>B=C5?C=A5==5E=7.B6(((*>B=?(B 75?=A===E=575(5=75?=*>5BA(=5*=575=5(57B5?,>B$'$^T$55?.5->A(=*>5BFE=5(5??E5@57555=7*755*@H>7B=B=C=5(@57B>57=5=A5=5=>(=5*=57=*@H>5*=?(5K.>5A5==5BE5*=>*==75C*77=B5?=A775==A>=(5=CB7(=5EA?>(=57B7=5E"A5==5F5=?75E55=7AB=(57BA(CB5=5A5A=5>C5CBA>?=77(A=A==5(=5==C(77A.4,K4,7.575((EA84((=5E7*78==56((66((-F4=.65.7C5*A*>*@(=E5*=>*=#>@B(BC#5*F7(485BC==*7(5(=(57B(A=5*==5A555B9>5(>7*BA=5*=5=C5*A9**7>BC7(E#E5?5=(=,7)=:5?=(=:7>:7>K:7=E77A.A#,>*=645775 6#5=,>*=6.5*=77=75CS(>(=*>B5?=(>7A..4,K46A.#5=..<#.577(@E.45(57B(>=77>(5*E=A,#,,<## #,<.:4--#-##=E7**(=75?*E(=5*5(,75>A 7C?AB**7@5==577(;R*5(=E7(>B?6#=7B=AF>EE7B=5(7*I5*7A775=5*5=57*755?E@E7BA77E5E>*@5=F5?H>5E@E=?5((5*>7B7C=5=EE7BAF>6;A7(5B9*=A=*55E=E?5=5@>*5?=5(>(5>(@(5*5*?=A577577=?5A577=777=E7*((>B5?49=5.A78>*555=A=5*=77E5(#=E7*5E(B=A=AF=5EE@557?E7#75(>==A=57=5W7ABF(==5*7=F(=7?E7*@E=C55?AA775=5*5D=7BB(;**>B*A=*=*EE D>*=?A(H>7B=C5?=>75(B57=C55?5(5>BI=*5*>*A5=7A@5?(=F5EB5?=A5==5C5(=77AC57=*E55F5IE7*>==C7ABM(A(A=*>7?C=57C(=(7*BE7*=B5(A*5?*=CE7>>77BE@>*A77AB>[&&*(*@E7?==A?A5=5C5*55BA=57=A?(77AC57B(=?A8?E!(5=7*F(?55?(*5755=AC*5EE7=5>@B5A5E57?5=E75=5C5*55B=57555=77AC577(57EE5=5C5*55B7-=5=7C5C7(55=5>B7EA=5>?>B?#=7B.A7A5=@5=KAAF#)4-#4:)$)*.)####)-,)#),)1<)@)#-);;)#;##<),--)...--;.4):<<44F=A5?=(57BE=>=55?*@B4.>77=*(.55-*F5?5?5?((?=((=*(>5A5=E>5?A577?5>=>EC55(#>E@57BF(E45*F (5> 75B4=*E7=>575?A577*55BA77755==>5?*E*5B(=AA577*7=#<.)4;),F;?(5BA7*B=5B>*57(A;5*=B5(5 '5B@B=55?7AF=5?=*>*57E)5*$A=5*=7A5==**E*(77BEF?5CB=;5*=BEB=A*5BB5AAF@5?=E7**A5=EC5?=*5C5*5EC*E7B==5C5?4;*E75.?645775(=)45775#E=B=577QX(5K>5=55775B759BAE=A57787?7B=*C@5*(=5E>7(5@5?7A5=5 ?=75B5?=*=((*(CB?7=7A?7=A* 5(5775BA5=A@7AA=K*F*FE(759BA=A(5K>77EE5?5*7((>5>(55=5=?B=5N5*7BA5==(=(55?(=#5KB(5CC555?*7>A(77*5(;**>B?=5A;5*=B=>B*=(>=?>(=A;5*=B>5;(57497>(=?>75?(=;*>B,5(497>=5?A*77=5BQ=E55?((5*.67B(5C5* E5(=,55=*7>(=A;5*=B>5;(57497>=A*5C5=5*@5(F>H>E5=5?5A0"B= 5?5?(O5*P=R9 XOE55(=b-9;B5**.565<>C;@5(=A;5*=B>5@;(57497>?C=>=BA7*=C555?*7>AA=5*=AEB.>E5@(=497>(VE=B 75775=>>7=EEB.-457*K*5?*5?*@B==5>(=75?=E(=((5*(77A=A5?==,5A5?*55=5?5(.#*=>B@7E5(=,5A**EA5=E?.7C7-457*K4;5FAEE5(7>5(BE=B.-*F=*5?*B=7(=(=7#E*I>A==(5@A=5*=AC5=*7>=>(=5C5*7>=7A>5(>77B*A5=@? 5A=5I5=>>EA(>77BIB57B(77A5?5 75?(>7>5*7E?A?5C(77A;57.A(7(M=>O=BMb9;577.A.>5M15*.7B.CB=75=A?>E@=E*=EE5*>F=(5>=(E?A7FB.-5F#577=>*=577OC5P.=>*=577A (77AB.AF5(FC577A=EF55?7B(=*5?(=#,5==7BE>7B=A=75=A(=5B.EBA=5*=*7#>@B5?=A>**(5BCBE57E5.(>=>5A=A=K=55*5?(CB*5(=*>BA5=[c5K@=55BA577>?=*>B5*=5*FA=5*=>75B>E=5E(=K=55=A?=A>(>5(>7A=5*7@75E>EE5A=5*=**5@75=I>?5?AB.,6.=77(>5A=5E>7B5(=#>=>75E>@75=57(A5KE5*(6*7*55?C7>5C7 5 *5=>?=>77BMA=(57A5E5N"!A==H?(5>AA57AE5NA5E5=K=55ACBC7>77DA=FE>*@577B(5E=(5 F5=75=*>BA>5(A=?=A5BA*=5?=I>?@5?A5777F=A5?KB=AA(77A4=5*F.57=;75B$/Sd;>77/[.5* >((.57=/[;>77/[*F7.5*7*F66(;75B$/[*F7$*F$/['6B7*F<5.57=$*F77>5;7B>=*F.57=M;>77=74=5.57@=/*F7[;>77#57C7?5E5B5B*=7B;.B@$*F7*45*=5B$*F$*F $:;>774=5)5E?.6-4775*=7$*F$;>77$/['/#=A;>(()E755?0K=558?5C5B=5=AA-?=6B#AVE=B=5777/*F7R4=5-?=#5$;M%;55B/[;M.C5B'=;M.+VE=B=5778*FM/*F$/*F7M.%-<5B[*F7M$;>77M.AA;5*=B/[;>77MD=;>775#=A49=54B.>=5C$;(M.5*=@/;M6;-B*=#@5[;.5*=$*FM.5*=*F5=A(77M6#=7B5B/*F75*=[*F45*=@;>77M6;-B*=7A(*M45*=/;7B>=*F#5B$;.,-#5B/[;-./755B'=;M%./A;5*=B$*F0*F7/*F-#5B6*F$;>77.5*F55$,=76;5B$;!M65R5B/[;M.26*F* 75'=;6;K@=55;5#=AM6;$*F7M.#>=5B/F ;['*F7;+;$/[';>77M6;;>775#=A45*=5B5E7BM6;5B/5E7BM.57=;75B[R5E7B##;.##<-:#.<<.:#-$*(5KC?7(>5A7=.5KE*F5?=>=>B5A(@A=5?=4557=?E(=**5(??E7?75=EEEE=7A(55=>A5=?5?E(>5=55*=AKE*?(A=5=*7DA=(AAF??=C?@7>*=K=5A>EE5A>7E57?=>((5*5H>5B=5E==F=(=C?7=5EE5?5=5*5577KE5?A=(A??E7FEEE7(775NA=E7*5?=F4=57=C?7?(=55?=*5>=5EE5?55>E?0

PAGE 2

,5B*$/$%/' 12;>75=4F7B,5BW**767B/+=$%$[=;)((5*5B,75>*(.*=(5$^T%..*-;<7.?--)5##;)#LZ=5C*Z+&/+&)=(5?*>5Z[&&.B55(5_=A=CE5=5 F7A7BECB 5*F I 5==C557XB>=(=A7=CEe5B=>7=*>?=B*=?(=E7A=?A5*===75*7(=A>775F7B5E5=575@5?=>AJ*75*=>*=(B*`?7(5==77A*FB(>A*5(5*5A5=5A5=7(5=5E(*@53.*:N55M35I34$;#)--.)-#1);;B5(--;#)=*??5(=77?#E5=>*=75#>@BK*77=C615C(=C5777.15C5E55*=>*=*5*75755(7=A=FA==A57755=F(=<55B5BA==.15CA5775*E=*77597BB>=5=EE5?577=C5*>5?7B;7B==57=5*>(>7=C?A5?F5*F4?C===B=5>?=*>?=7>7A(75?=E?E=@775*5?C7>@7*5BC5;577*>B==-E#57B=7??C=H>5@5?==5>((I577@5?=7>((=?E?A(=5B==B(=E*5C(=*A=A5(=5E>*345C=5((=57C5(=5*-?55)=F5$$/+=C((5*57@7B)*+%5*7>5C**5?>*57H>=-?5B6557@;>7B=A577=b77,75K=55P=A5#;>7=5C5BD8=>77A5@5>75>A577BA77E;-#,2)#<;)--,-) ) =45)>*45=>E537559FA=757>A=*5AA>A5==5A#E5=45C=5(5A@5?E55A9EF(5EE*5)B=5E=7BA=7EE7=FA=C5=5= =7C7;757BO=5A((5*5=>@A5CFA=?5=B*7(=FE=57I(5994=>?==A =EB)4=A(5>5?E=B5A?>>7(5:5?7(7?5>,>7BAA=AB=B7F(5=C*5A5A=57 =EB7>=7@5==;F(=A>*=(>(75C55?57E>E4A(>55?=7(=(>*55A5777AB(>E75 ) =5 5=#( =5BB5?KE75A=BA*7=BA===>F5=;7B=55?5((*5C7B55==7C3BA=5>S3E5) A=B5?*=@*775?(>(=75=7(B>(495?7F5?(>775?>E7775?A=A(>7(>>5=(>>A=5*=5*F7@5?>7A5==5B(5?AA=75 ) =577(AE7*5,75A==*>B>*5@5?55(=5(LF(EE*55=57F5?CK@*=?AAA=5K@E=5=F(C7E>(=>?=A?7B775?=>7=B7?7B?(C//////////////)///////////////6((57B,75BA=(BA*B(=7 ,75:5A55"5*A==B(555B=E>*==7(55=>5-F?5>@=557*=?(=EE>5=-F?5*?>75=5(,75(=5=C5?6((**F47*D,5(>A==AF@5?5#(5>C557AFB==5(==K??=A5C@>A5=EE7=AF5?A==C==*=7B?7???5=>=*L*5A5=I>B=*E*F=(L'&&5?=#55?5>->5]>*@>==(>@5A*777*5CE@5?=#*F4A555?=5>AA=5*=*77>@B=(>AF7-*5C(=>A=5*==A79*(EA=5$^%[5(A5F5E>77=E5#KEAAF5B7B=(T[57=>=(>FA7?=*@=C57@=>?=557A*EA5==(E7A=5F>57=CH>77>E5=*5C=5E=@?E==A5?*>*F5=>=OF#*=PC@=BA=5*==?5I(=#EA=M=H>5"FC577 IE==*C55 5(*>B==IOE7PBFAA=8=A*>B5>575?A=5*=>>=5*@5A577E5=@5A8B>E7EBE7F==77*5>FE=55?*7BB>>=A=7=5*75C77A5=(B*(S,4#+&&&<045C=5((A=L+&&&&AFAA=A9>B7?57*FC??C4A>7E*>5*7A5?*5(45C0(*>=B977?E*(=A5=*E=>4A>7F5*5C*NBA5=>A5?7(B(5K>(>7A=A>757"=9A=A95=5755(A==+&&&&*F@49=C93-)),,)-:#)DA=B A55>((5*5BEC5**5(5==>=>A=A577f(7*F5=*5B=5=0A9?5?>75ABI>B>85= (F=7E5?F*(=W5*8 C* =B*==*5B755-5F==5(A=C9?BL+&&&&>5(A=A9=*5(=A=75B=>)-#55B5((>*55NA>7??=E>>EA==B*>7=(5*5?(=7*>57H>5E(5*7=7=A>7*(>(BA>7B(=E7B((5*57?5N575=C=CK5>5C5=6###))#4#)4),)<44-5F45C5B5?5??A?A(55>E>FEC55*(=A*A=A577=@5?=5A5777B=7E=@=?A=(5B>5A577D"E(57 ,-)7-#0#.?N5O9>75A577>=A577E>(5P==F=>5KB?**5?=A(>7>575?E@E5B(.55>B(.55C7===(@*=EE7=C5*C@A5>B==BI(C5=7BAF5?A5C7 IE=*FF*FD?55?*FF*F>=A(>7>575?E ?EE5B(#=4O9>7P=B*FO;>(DA977?P=B=C=>5( f(7?5*7A=B#*7=B(5775N=?,759?57> 55C5=>55>B===55>B5*>?C7E=?=>5 IX=5>75,7555=*.57759>E5775(77(7A5?5,755*I=A7>E7B* *>E,75A5=57> X5>*75=5?=* I57(*5755B**557@5B5=57E7*(=>7=> a5?=EE5?>(.55.555I>>?55?7B=(>5(=?>55>57>E>*@>=A7=CFA4=.55#;>?#A5?*BA=5=#(,75A5==>5?B(E>E5>E==(*=EE7(CB*>5B*=F=*FA=F*FC7E=5A(*57555>*5 *>?=55>BA=5*>5BCB*>5B=5E*>75*5@C?=55,75(=*FF*F5 9FA5==(55>=B>A==(77A9A>57>D77(,753=;@5(5*3=,>5(>=3=;SQ?>(547A=EE7*75C7CE7B=E5(*57?>55ES*5C7=5I`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fE75 E5*5*=8g 55C?5(7AB-96SM=EE55B>=(!#>E5=(57BB@5?7>55* 755(=(@5C55#7*B>*@4*B*E775>>#C5*;E75CB;*>B,>5>!-1:8:1&!(8#8###&& ;& 288:8$3$<3436)=#(= !"#$% +&'()*(34$?;#)-.)-#1);;B5( !"#$%>%?,61,3!8@# ;&3 &8& 8!!83#*,7'+

PAGE 3

,5B*$/$%/' # ;<:. -]):34$54B;B ?A=7IAC=5(*A5775?f==(..41I(=BE7B=?5(D;5==>BRC5?=I=**=E7BA75?=a 5M;:#) !"#$%#&'()#%!"%!*'% )#+% )"&)#,)-)&'"%'&)%"#'$.&+)#$$"))-4),+$46A)8B34C))1,3-6)*>B5(=>BRZZZZZZZZZZZZZZZZZZZZZZI=(..6=EI(>77B5>EECY55 KE*E*5?.,57;=C=*"I!?*5Y.5=*=7I=E?A&AD.*75b8P.*=(;E5BP47N``,77$#)#(/,4$D3$6,6--]):75-78.);(,):#.5$6,)5*=7*$&3.57#57*FA>5C55095>BC7B(577=5?>7E@E5=E5*=>*=#>@BA5=E55?8*7*F..6775B>BA5=.5 #)).5#5fU5(Y=(=7>4BI: #>775C6-5 (>(5 I,>BJSJXS!55 M*E5C.$8Q6QQ7 5(5(5. f((*5*55?5BAC5$)$19$1E1,!:8?4$8FG?22&:#6!#: 5 &0$#(")5F.:#4)1##..6775=E>E((5B==55C7.B*$+==5?5*7B.5.R.57@75(5?57..575555>)*7==5>?=A577I5..5F=.8 45755(5=D95YAFI.1J>?=5.F<((.5,7*I4575-F7=> B,7*C555?=?@=A=57.;5*.B@>?=C55.45.6457B.5> 7***E5==(C7BC55..,7A=E>E(AB?57A=5C,5B.=5E=5?=>=5CE*A5=#=77(>5?>E=E>#5.>5*5E7?C=5>>7#>BC5?**EE*55C>5*=BC?*5(=**A=50?O#>=;5P4OV5=.*=O8 7b-O)5C=55#75P-O,575BP)C>OE55P..*.>77=7= 5(>7==E5(>?@A)=56##.65*$&3.4%77A=..5A=..-46E7#>BA=!5*5==BA=?> (.-A=B*5CEB(=55-5EB5(( "=C5M..I.>?7B#>B5?=5=E>?=6A=?>(-B5.44;5FC#>B5,5BRC55>"5*7C-=(89>?7AFEC#J7>5*(;5*=B=;8*>>BE7B7.6,:757C==7BA*F5?M#>BE==75B1,==A77(`=5*=5F7="A577>=>(E7BEC 65557B(&7(=5?(*?5C>EE7=7*(=5(?5?=A5=-*-$16)4-*)44,#3)4$6&88#11#,#2#!@(88#:2###$#1#-:##2:#(#2/9!-?2?8#,.&-?#).?6>/:##,#&!#)>:&#%&->2?4#)5C:C:##! #)1!5!8#3&&82*--!.&$2&)$&,).5))#457;5(>77BI>.55*5 457=EECBE5(>7**5#>BC5?A=*5A=5*==AE?>C=#=>5C7>5*>>(=(5>>=*A5CB??55*F>=AE57=**5?A5==5?A=7F=A(>5=*>(=A5@I>>.5457*88-#C7(=B>?EE7(==EA=-?>5FC5777,5B5?=E=C5?=75?=@(>75=BA=(*?=@5?A.5,7*.B57B-.57)75C45775-57-#*,755*457C7B45?=.47#*,F#*.FA%-%4,4$944=C5*FB=5?B>A577(55B(5*7>?*$32))!)$%)!)"*!)#=5B(>555=A5F(=7>=5N?(&'&&(()*!&$+,!HH!I%)-61,D4-*-));-*E775(%!"24$4%)&'$$"#(,$)#%!"$$!#4=CI>E>F4-=CB=5?5=75B>*A5=()J61$*.47B#*=>7N(:B4>=#>B(..*?>>(5?=#E5?.B(A===C555?(C@7.<5(=6*F@C577((5*.>?=S(=AF((5*(=>BEA=7AF@5?>5(=EB..;>?=.5#>5AC55=.B*775?B(=57(5.-;5?5.445775AC555E7,5B. 7*=7(#>BC5@5=E55?#=A577555?>57(=5=57B -**=F77E7B=#-=5?=*=7557B.B5?=A5=*($%/c5(C(57B -**==>BE=CI>*E7(>*?(A=5*=7B**>E5=B>575?A7F5((=5>?7A.4.5(6*FC577E>*=5??(=>BEA>55E=7AF.-#((>==5FC577(AFC55A5==>.4T<> ?5>.4.>,5B85?=(6*FC577A==A>55E.4.5C=5(@57B(;75B.(7B..7(@7 ;F?5*>I(57B=5AF...57(57B...##*(57BA;5*=BFC577#>B.4<>?5*>.-#((.57-5C5?=45775=@5==5?=*=755B,5B5?=.47BB#*=>77(.B;.(#;>?A=="A577C55(5C=AF,*!3=;577>A5=.,#C7.B(=@5?A*77".4#-F5M77*775?(=5>B.4#A77=EA.6*F=6.#*C577#>@F42#7B,>?6464#A7764>)#>74#-@F56##B.5.57>7=@7#B=5-@F55.5775>.5*F?C>5>*5F@5?5KE5C=5EA5=5CE>*7@5(*B75N5??E(>5E7A=5*=A75*5>IB@BCB=(A=(=AFA===5C(=@=K5?A577A5=.6.#*C577.B(*//6,C7EC7B5E7AF>5C555?=57C65C7.*> 5 7A-C5B*7BF577>57?775?>5?(5*=57?=/(+5*=>=B.5.7>5C555?(557A.5.47F=CC55B#B5E#E5?7?E=!"..*>?>?=.5->5(()E=5?(;7;>7B-F77AF.7A8A*=57.5-A58>((>5(5B.45=9C55.855*=575R7.B(1$,!5#$)3)3+)& !""#$% &'$"(! !"(#$% )%%"*,!,(((8)!-./69+, ,$>-1.*>B=?C55@E>57(JY>>E&15?!#6E5*5E7*>(=*$&3.65f*7>=5T&=5=B* ITA5=5A=5*=A IB=5>?==5I=>5*=577>@((5.5-5NN5).,5I5??(=5E7*A.557#>B*==I*BAE(55B.5#>5-5?5==55AF.41;5=8E.I5.;5=>=5I=5BD5 (C55=f..6=E* I*E5B.<6=I*=57.>7B7D8#>BC5575C =..<4=5 I>*=5=(A5#>B*T==BA577*77-C7-CB.-=E5(=>B5?(,)?A=.=E=AF5?(5.:<((5"@>=(5*=7#>BC5?..,#7-47F6(EE#>BC5?==(4.*.=A==AF@5?5E>=AF7AF.5.#(57B(->N*=>*==7#>B.5>=5*F5C555?=(=5=&45(EAC55=7#>B45755#E*=A?=7#>B-34$;#)--.)-#1);;B5()>B(KE5*5B>C5*>A7*>E*5*7>??5]>75B=7A*>*5*5A=C>A3)#-#)43A=5E=>5775*7BE5,2$4(DKL,)4)#1.)4):2;#);)0$'$[T1<-4CB>,B=777D.9>?.9B97=5?<9,>5=5?#=5?7*(!!"#$%!#!!"^&&7747,=7>#?#>5=B&[^&&(7BL4$$^&&847;*57#5E=E?#&MK0FG#NNNNN]'#FGG ##88OPF!!!88&''C%$ !c/[

PAGE 4

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c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e,#;#);###=A577?>75?(=;B=5#5.B5?=577A=*A577@=55*5?5E=5?==5?A577hE*BH>=705K9*7*FA5777C59A[[&'8*7*Fh.B(=A577(77A=A5=?5f5=E=7?>A577 8(OB5?>PA(>>E5E5>(77AAFA*5AAA9BO(77A>Eb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h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f(5(=*>B, I55?A;5*=B5A?5CBB(=75A=I##.;-,-..*=..6C(-F7E@E5=((5*=>@BY=5>(5EFC577.C(7B75C5VE=B=577>=C>E=5==577*>B@(=BA?7BFA5==*B(=5*5=75K*755?CC?5O95E7B>5(>7>5(>7P4=9=A5==(*#S34$$64)6-4),+$46S)8B34$))1,3-6)*2!31&(3!$1:&48-2& *!!4),.23:1-9:T+=5B>0P

PAGE 5

,5B*$/$%/' ;<,1! ,$61-631124=B>A?E5*>(7E5*?-44$?#),!83*C#2@8;#)--.)-#1);;B5(.57)<5C;E544(,!#/#/ %)2$4-)*E1..5)JE*5=JJB*,5!(:-J!5J 42: *AA5=(5775*=74=9=A5==>#S45"3)5=?=*=f"5Y8775C=,75)?(A5??B#2 ",75,)#-3,*B7(5>(>55C57M5757(5!KA4575B.<)1.23(B>E7B>?C=BE5*YI4VE=B=57775$$ $' (*I5AEEA5(575"(=57I*5(7 =57?77B57>=AIO7P(=5=f?7B=7A=fE*5**(==5?=f(>5=5*.A5**5MBABA5=B=7IM775??5N55=5=AXf>AF 5E7I=(fDS?75(=*9K5*5EE5DE77BFA Q Y B5 7E57C7>=fF5?(*7F75D=5I*(=575((5I=777=5I==?*"?*5f=57*7=5?MKE*5?F5E(5(*>>=75?=I=5(*5(=5*755=5=5?>5?=*7*5C5B5=5=AA=7BCB*=5*EEBf*=?==55=fE5*(B(=5=75?7@7,5FA7?(7=5C7>=55E55@C5**5?E>*=(7(BE>E55?5C*=*>7=5f;EBC7>7(>5A=7(=,FA9*>=C(=FA5?=E>E(A=5*==BA5=>=5EEB=A577E77=B=5?>>575755?(=*=5*(>5=A;5*=B*5*K> 5C=7=5?==*E77B*,FA5=7=5?*55NA=B*5C5B(=C*(=5*5>==5>EEE(*?7=57AB?7A7*=A9*A==E57*>=E55((575K>(*5CBE(=5B=5A=F(5@(5BEE7A5=*@5B(?5?(55E57(*,FA5==5>5=5*@>5BC:5*=5437M85E 77CBBEE7A==BA577C>77MI=,:M*4A77=EE7(,75 " M=,75>*FAF7B?N5==857>@*5E5AB (5C*= S>*F Y5C(5?>*F?A5?a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c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eB6>B[=$%/+@A==>($&95*FY8*7*FE(=E>E7*5?(5*(=*5(>*==>5@BEE7B*(= 5?5B,75*c=)# );--. :&:&+V8274!?8;)T$ $.*,$!7#35$32%!'+4$C416436--616431W@%*/3)#<1=)?E>*=(K5 (5*=/c=B(6>B$%/&(=AK(=A(VE=B=577=(575*5(5*5B((5*=EE75*5(K5>5***A5=7A#5*5( **=(77A5?*5EEB5>5;**>B,75 A5-'+7*F$T#*5$$A=5E/+#?/$=57>5?=(=5>*(5*5(5*5=()75C#=>75*5(5*=77@**5?AKA5775>==/=B(*$%/'2#.)4),=C=>B=((5*5775B=5$%=B(C@$%/'0)((5*57#76#7F5*>5>;*>B,75$$ /$3$/ $% [61*! F0G#X0P-4*;.);O#;6:#P7BO5?=#Eb)1$6141$ :5 !:3#&!19-2.'1$%Y/!&&!!&5;:)1$69$)66$488&!!& !1(7! 8 )44C4+$49$)619*-)).U*),,b7,KA=578F=577B=5=5#7=5?C5B(?5(E7B(=(57BG28Z)C)#3)42@/X[(*.-)#--#O#:;P75C7B#4-#O,(CB7,KA3$6*$),-4#S1,-6)-B6*FEB5SC43>.$64))-4),+$46S)8B34$))1,3-6)*>B5(T19$*$616166S(,$1,4$1,26>!S)B-1619$*KLK\-

PAGE 6

;<#2 $ ,5B*$/$%/' .+5,!6,7/+&. #7/,8/8+!76!$%/%9:6!!,)$'+.4))#)6#);)#),,#)4IA=57=(>575* <.#])I)#.#4):E5*5E77BK DC=5*7>=77,75f-B=>?==?>* I6 *$%/'5,=75(($*>@=AB>*>7*>B@=5?=C5A5C=>?=O*55*5P(=E@E5(K 575*F(5B#*B(=;*>B=(?]**57B55#*CBBM>*=5E55B(BA5R5EF*>5*5B9C===*?>7;**>B(==>E*>5?=C5*(A==5E5(75E=C5 =C55?5>=5 I=50(>57A5>*5E*=I(75?75F5?(> 5353(,7(5(M8/[>=5>75E755===C(5==5@B(=55>5(?5(K*=?@5?5==75B>7=E**7(=75>>=((B!ZZZZZZZA5=5=F5?7,=C7>5=E(A5C0(EEB5,75>I*i$&c+'$&[$&/E*E5=E*E5($%//AL&'T($%$T#&cc+1@)A*7FE7E7BAC5=5B;<7A(5H>A5=77*5(0,55;?*>BA==E 76=7=C5>*(C7E>75*5B6FC*E*(>775A==5=(575=>0(5?##8+94:487K5AL''+$&[$^$M=>(K7C5AL+$$^/T/M=E*E57CBL'[%)4LTc)(*>*=EA(A77 5*E>75 ??5=7E5*ICA5F5?7B=A(AB(?5(B=EFO#=EX5C=A 7BbO.577BP=5A5=(=77#N=5*EE7.575?5B*5@*(>5(CB*>7?=5=75BF5=57A*$& ,7(=?=75A=5*==5=*K@E5>(LTc=>?=EE==7BF@C5=>(L[&&&(=*5?A5BAE@>==557BE(===>7E5=AO*55*5NP*I>7B@>*(B557A(5E77.5*FF7B=55>5E5==*>***B(=57*7*=(***>EE=5A5=>=5=5A*>B*H>**/&=E((5**>7(=5((>7(75=75(7BIF7*75,755#* ;5*>75=5BA577D?*RAFA=5*==C5B(=5==( MRE5]?5?*0I"`E5A5775?(=7B#1A-**(>7>?*5=EE5 f=7 5>57*5*5>>E5>-F>BEE75*I7?7B(*;57BB(=*>5B5AB=((>7A=B=7*75(7> 1=>?5?7>FE*7B(=*A>7*7== ?AI(5=(EC5>I*>B8#C55?*B5AB=A>7*5EE757>C7F=)5?5755>7M5?*> =55(7>*5=*5=57575FEI((7D>75C>7=>?===CA(>?=ff*55?C54(*=B*=7?445I(SRFE9*C(>*A77F5>577EB5(BI>?A= (OBRW.)E57=5b"5=E7*5?(= *5(=?5C4=C=((5*F5=5=*>B#*B55K55B=O*55*5NP=5EE5>=*B*;*(5*?5@5(=A5(5EE>7@5BA77 5(5(5*7C A5@575*F5O*55*5NP=5EE5*555BE5C7=5A5>7B=A=5BAF=A#*B(E#E5?=>7=C=5*E5I> IC=75(;*5;57757=7=>57=7I5>75CB=5CA-#C=5*7(57=5B=A I=*7755.5=BCB(5=5*>75C 5>B.#C>57(=5B75C5?==?5(EA*5?5(=5>.AA*5?>EA.#CE>E5((7E7B=>7EEC5>5>A>>**(>7=7?(BC57.A9*=55?=55>E*>5?(IF5?=K7.A9===5E5C57?5*A7B?7IBB=;< 7AF==B*E 65(=E>75*=7 5>5ZZZZZZZN=>=C>E5d*5*>5*JJ5K=6>5*57*55=77E7E7CBYJ>*I(:5A5AB=(7*?>75D=5=55=Cd5.5Ef5C;12ZX!)MS--5<7Q-=(=55*?55(=5!>7*5A57775C57*=(K ?5755A=54f=5B*7F*5D9 a3==B(5(,75=CC*fIM5*5B((5*SA577EAFR=7C-*F5*IEE6BZ=5(5EE*?>ZZZZZZZZZZZZZZZZZZZZZB?;77=R85**3R*55*5PA=CB>(;555-##R),B5>(5A=E #),,-)$%/[I5(.5*F5E5*> 5(575*5(5 (*EY$"$eb&7755"((5*75*5(J!K*A5=7A#5*5(5**=(77A5?*5EE@B5>5;**>B,75 A54!a(1!(245(2#>=/%+(((E5(.5*F5E5*> D 8$9a5#*5A=5E/+C;5>55>.?/!*55?$T*A D52E57>*7=575? => (=5>*(5*5(5*575(,I>75*5(5*=77I**5?7AK==7=B(6>B$%/+==55(E5>7B(=,#5C5=C5H>5?.4* 5?C(,75(=I9(B=5=>C(=>?=75C=A=>7I(5*7B5?*[$$%/[5*5/'=C5=58>[$[+/Tc[/L$/%[89*(5F8?5?7*77"5?7*fE;*E5&(=57L^&+c&&/8>5!*B(=>B=EE*=KEhE5?jZZZ,77B4))#55?#*B(=#>@>B=( *@4=5?*[$%/'35=E(*@>*=7EB(K 6#)))--,)[.)(*(A5.45X 5I>5*AC(5=?7E(=?C *57BE7?5M#/&Tc[5MfL+'+&^cT>7B(E I5EC$%//=7EB(! =AL$$''^'$^55$%$TL[c'TT'cE*E5(L$$$^L'&& E*5C7B=75*7>77EB(=BA==(*>C>(=E*(5*>$%&45(>>I*<*7K.B-B75*-B%&k5[>I*<*66;*75>*F>?6,7*<,*545775A45775.B%&8*5>I*#77>AA7BA457A77:=,57555<57.5)9B5.>57C.*A#CA6>B6=%&k5$>I*277>77B<7B7765?7#B.745775=>C57=745775=>4J"$$)9B=B<57457>=,*.7B)-B677A=B7O#((Q)),505>575556)#<1"E>*=Y (Q5(5@*T$ Y ='=B(6>7B75/-=(57X85*5(5*5B((5*=EE75*5(KMD5 >5***A5=$XWCCb5*5(5**=(77A5?*5EEB5 >55;*>B,75 A5-'$$#*5[+ #(5A=5E/c#? (=A(B@7#E5?,75=575?=(=5>@*5(55(5*5=(4.*A7775* 5(7* =77**5?$CKA5775>=XX=7(=B(6>B"$%/+#.)4),=C=>B=((5*57 D>5B=5#=B( 1-$M`/'0)((5*57#76#7F5*C>;*>B,75=7C>*5E(,7@5($%/[AL$/%'&//+L$/[TE*E5=5AL' ^c['c&==7EB(=B5*7>5C(=EB(E5EC=fEB5K*(C> I*5EA(=E*(I75?5,75EEBE*57KE'%cE*(II=7C>($%/[+[&E85*($%//cc&E*(ZZZZZZZ$%$T=5*5=>I5d*5*>5Y!>5K=55*5D*5*>5X(EEBE*57K*7 !*>B#(,75#*A$[c%E*($%$T5$%//$+&E*($%//5$%/[=E*E5EEBIE*57KALc$'5$%/[fL+'+5$%//L/+^5$%$TI5?(?7E5*E5(C5*5;SSP>B,75 A5fB((5*57E'^XS)##1<1=I+*;E>*=K5(5*S5/B(6>7B5T=R575*5(5*5B((5*=EE75*5(K5>5***A5=7A#5*5(5**=(77A5?*5EEB5>A8=>5>>6<)7B*(5*5(5*5=(=E75*5(5@*=77!**5?7AKA5775>==$+B(6>B$%/+#.)4),=C=>B=((5*577!B=5%=J/B(*$%/'0)((5*57#76#7F5*>5>;*>BE5*(7K?755 U5S E*(=7C>($%/['+E*($%//$&'E*($%$T>5>575**5>[+&E*(=7C>($%/[/^+E*($%//5$T'E*($%$T*5E(>575**@5*=5(7B(K*(5@>*=5*E* /&567,C?=(75C=A7=75**5=8F==55=555=5*=>=7A=(5?5*(E>*5>=>5? ==75B,=4=#>=*=B55=E5*75*5>==5A955,>5/&'&*E>#E5*$&*E*F?,=,>5'&*N5>+&*E>,>5,7C5?,=1?7,=1?7(77F5!1(!6-L6;!!!5#65 85)(*!:#& 8#86##6&:&! 8&5#&:&#!!:&8&@1(4(C6&88! #V#: #! :4&!#3%,4()#%5B,758<

PAGE 7

,5B*$/$%/' ;<#1 ,#;.#1##;<,((:, 7365%3)CA7C=>K((>5AE=C=5EE>(7(=5B=75*-5?*B=(>*5>7>B7B5E5?AEE5?EE=7>E=*C (5>=B?5?(>77(*A=7EA=-?>l 55"#>B5 C@575?-?>==O;77BP5=O44Fb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b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m=J ?B=CAE..<.=5*=575?(ABWC..=9E.D.V*F.*:97.. I:5?55?*..(;=5775E==5?>(5#>B.`.4#5BA*=57.056**F.E77=A885=5EBC1>*=>*=..6===5?>=>B.58.4577.5.BD6= (E#E5?M..#(.-AB4=5(ED.-75B.57#5B(47B=E7.56A77457(;*A*775?.E7774@B5?=.6#E.BA5=.<6**F.F86,E#>@BA5=..;>7.*: .=7>*=B(EAC55=**F=7>B-57.5=B**F5IC555?=?E.I.<6**F=5AF.<6**F.E77E>BA5=.=7=E(7.;>7.*:.6>75>57A*775?.:6=7>B(@#-#;<#B$#E5?*%3..##5>?=.5.5A=A5=>(B?>A==C5(6*FC5775*=>(=*5B7A!F>=55*=5=(==(=577@5C=E5?.#5>EA== AF5?5*=5=E56*FC577=(75?5=7=(5**7C>((C5*F@A>?=B7#E5?(6*FC5-*=#5>I55775>7B577=>?==>?=75?=7B5ECE*==>57=5=>5*=B5C=.#5>EB=C=(5(>5>5?=55*F55=E==5?=A5=?*A577((**>...6=>@57>5(@5C=7AF.6=@A=5*=55FE5@5A5=,.5=NB??..6==C=>F*@?BC> )*5*(5>A(A;5*=BA?>(#>B.B==(=5=5 5 7A..5*@C55>>(5=D$(#>?85C=7#>B5?DDE=A5==(I=5 I 7A7>?=.5.))7(.=*?BC>=EC7A5=..#>57>5(A6BA=F5?=5=H>=>5*E#5K.57FE&86)#>BC55=E5?=E7*(5==?>7=7B5?=*5**7>A=7,5B(=*7>=>A5=5??I.%5*F5*=5?>>7A557B=K*=?(>(>75@(55B;))<).;,75=>7>*=CB<>?##=>77AB<5C912)6,75B(*=55?(=>7B5#,/cB>7?E=((5?=5575#7#E7.*=512034)3"&'!+O.F)>#>#P50$^%c"5I;6&57&5'8<2&&888&!! !1)>B7555?57AAB>5?=757=5=7EA5=IBA==B#>A@(>75E7B(B.77#7E5?77>5.FB>4?:559,)-#9,).774=57>?7#=7AB5B9=5#<7C#A45A5BF*=5(#*(=#=:5*FA#5B;>15BY8E*5(#A5?K4F ?4>F#>5>?,>K77#>5E#=5775;>F*=5(#A1#F5?#>=#77>*F7>((-5F#>E#5?5?6#A9,57#)>4(>7((>7<5(>4(77,5)>;5*7#>EE#5C5?<7C)>.B9<5(EE7(>4#@=5?(5-7E>#7*#7>=*577B5@C5B5775S(757?57EB=5>7C555?7?eA77=F=5==7E=5*F>EA5=>J" 87775=A=7(=375755?377(57*7=K*E==A=5*=>>?=&+((+6!=!&$>!61*#3)4$60[

PAGE 8

;<< ,5B*$/$%/' %;7&:8!-#4#&&8&&64!(43!6#A5(8;5*5*EE>$%*#A5(975*F(*AE>[[;A;5*BEE*F;>75(5?5NEE>$/$ /B' 5?AT+*C7>'%((4=5>$M"#>?,F75E>*?>7$&E>(^+)7B$&E>*>=5E5*:#(B>?5?=C:(=57>=CB>A5>75CBEE>'/$ /,:M=?575*>5(>5*F3A=CI>(A9O(A5777?B>=5"B>A]"63134$-41,$61$-577=JEF5*=Lc+&i7-5->*=##'+&L$$&&77A77FL$&&&L$'&&#A?5E5*:5<7CL[&9FL$&&L^&&#-:<-AL$&&L$/+&]>]>75B#=L+&&L^+&=ZZ Lc+&63134$,6-5?=A75B*FA5>5(>7EL$&&L[+&5C5?<7CL[+&AC7 N-.*5N-57[+*E5M[E5(L$&9F#*F5C57EE5T+)=57F*F#$&&L$+&*F#B757?5(L/+<+&77*=57?5(L[&&L+&&.=;Ib=FAPL[&&L+&&>==I>b=B>A>775F=5A?5C=5:)2=LT&&L^&&(1:KEC5B(*7(5*L/+&4->?7=55N7B7>5CB(L+&&L^+&.97775=F*=5(**5?H>75B[+*+&*c&*^+.9#43#;-)78=*75NZZZZL$%^==?5)78=*75N?B77BL/%^,$($$1-17*5*4((7BA?L$'&L[/+*=5B55(7L$+&L/&&`/ ;5*6e<.F5?75=5#(L$^+&#)-#3=5?5*(=5GL$^+&L'/+&&6,3#!J#181:JJ JJ31<-##;;#5>(EE57BE5*F5?>E5=7=5E@(=AF5?$'*(?75>7F#((5Y*7(>5EF5K@5==KE =5E(=AFCE*9((>5C?7=>7F5?(>5== 5B5B=C>B=5AF>5?(>775=*55E*F5?=>=5?>C?(**"BA=5*=577=.?66*F*C>E*55A=9.-A(=;*F5?EB5C?5?A5*=>57?55?=!F=55555B==5EE5?5>7F(>5N@(>5A=5*=55?B(=77=5EE5=5C5*5@5B=5(>55=A77B575*?*>775E7*=FE5*7AA=(5*7(>5*E(57B7>*B55?5?(A(=5*5=55555=5(=7?*5>*@(=>*=7?Jf> 555?=75=5@>,8'#?6>(5?B>5E=7EC5*=5?;??@75=5?*5*7)-#<###1).)=5>?-@8),:##))<2;)#),<)##/[&;)87C78 55A@EB>*==(5(7=?>=5?KE55?5CK=>BBOPEEA55479<5(7#=A577=7=,5<>55B/[&;..EEA5A57755BE*5*77B77B=>B(=E>EYJ(5*>5?=5?E7A5=77A=54=57==5=H>A577=)9. 5A#)2)#.;).=.,,$I>5(>B>A=77#>BA=5*==*57(.>*=?A5=E*5*5?5@*5A5=>75*A=,77A5?=F5?(5B=I>B>?=5C5*(7557BEC5>57=7755==>755@574A5=KE5=5>?5>77=(5A=BE=BF5=5(==((=7E>>=>(A.(.575(A(4(..4,K;).4#)#1#)#..,FA(A;5*=B=5>?=.75-,>7F(7C7)=5.A9(=.#I<(7C7A>5C555(B=>B5C@5?*=A**>B(=(55=BA?7B>*FA5==>5(==577>#5@A==*>B=5>5EAC=#*5*5?=ABFC577.6.*5FB;5(=.*5FB>@(*>(*C@75(@*55=*5BE==5A5==5A5(>?==5>ER4.55=55..*5FB95BA5=5E5(A7C=3=5*>7BEFA77(=*75 (=>5(;**>B..*5FB.57AC555B7A5@AE7A5=*5@5=B(>D=R==B@>=5BE=5A5.575?*=7=?55?(=C5?=5E*A5=,755=5=..*@5FB*>7(57>E57A55(=>?==A5E(F@5?F55?75?=5?AY=8 5?5(>77A5?3!8$!! 7(8@ # !5&8!: !+$111,4$146%9$C"=(.-(1#=EE*557(5M4J CA(E7B5?&.!#>/CE5& !85=>778>=>FA /(5=>77CE5?A=>?==CW/.=7*= C4,64-29*1464$4$1)>*A=5AF(=E>*=B.?A)=5(=>75#5(..*.>77=7A=>?==((5*(76,61*1W44)6=91:1@)N$8EB@!8&! K=& !@ :& K& *5BB,8=CB@*5BK@! K#,,#:;##).$8;5?88,*!88 -<1#.<,4P/#=5((;#>F5=E>*=I(..?.B77=>87,57>*55?5?=C X==>7(77A5?R=KE55(=5((5*87B56>BA577F=5==1)4).=7#@>BA==C6A(E(=;B@5*=>*=>77B5*=?(=#575?=;B5*=>*=(EE>*==#>F55*.55AE75(*@5C5557AF**>(=5=7=55>=5?=5E(=E*=>*=F((*6>B$A==A577C5B**(>E**55N:--#)-).5B7F->?75>>575?E54-:77B=5AF(=*5((A775?A5=*E55(=A(.55=*?5C5=E5A577L//&&.5755?E7*=?>=55AF@A??5?5*5???=(=EEB54=9=A5==I#S!,>7=9#F>B74=7.)FA&5E5FE((*55=A&?7C=E7 @55B8>F CB*>B>>B(>>>5>7BE*J# 595E7B>E7?7**>59*5>77BFE5(N5?E>)>A=7*3E>BY7>EC5C3-3,: D

PAGE 9

n!"61,61*2$626^1,61*1$ XG4 X#X,-),.$/$%/'0#)1)-.223.//.%6 ##1@#@80% %&0 :)&1:?7e)%( .#))/+8#8784#X!N8-#(/[LKGLKGXLKGGLKG!#5=7?R-6W624()494(=*>EA57757((5C77A.5K5?A7EB(L$&&.-&/D=5*>EA577EE5C75>(==A5A*55? =EE55577CB(5C*7>75?=.5#A=5*=A=*E7A577?5C>EE*H>7B*5B,>A875?=A577@7AF5=;7C5@5*A=5*=?7B=E@E*(=?A5?*54F=7B?>=*5(C=>7JC577EE57AE4=*E7= A5775CB*A577*5577B=EE*(=>7C-->EE5=**=#77B#=EEAC7AF5A7*5=>7@C5EE*?7B5@ECB=55(*A7F5(=45775?4F#*5B(=;5*=B.=5*=>*=C*=5*F>EE5=*=>*==>BC5?(*$$5K9*7*F=>EEAA7757=7?>(E5*5E77KE5==B=C>*=>EE(E7B57O#>=5@77PA577?5CB=7(=??57*=>*=,5BC5?*$/=5*=>*=A=5*==BE5A5777.>*=5=?5CE*5*=55@55E5*=5A577?>**55=E7BC75E>5*7>A577?5CA=5*=7IoA>7A77A==E5*(@55=-55#*5B(==75**=>*=?C(7.5#>BB(]>5>A75NA577>5*=>*=5EC=-55#*5B(=E5*=>*=A577=7F(7.5#>B@*$[KE*=C7?C5B((5*7 (=??57*=>*=A577=75577=(77A5?#>B=(7?7BEE*5B=AEE75E@*7>=*5B(*F@5?==*=>*=>BA77=;5*=BBE5*= =?5??5?5*7>5?=EAAFA=5*=*7#>B@E==7=K*E@577BA77=7?>(5*=5A7=A5A(;F7=5?EB=C>=75BE@E*=55(=5A77?75==7(>77B*=B=(55A*>>=77CAA5775=55B=(=5AF=;*>B,5(497>=7=5 5 @>75?=<:B*7>.5=>B@*'=.7B(5B*5?*=5=5?AA77B(5E*A5*>=EE7(=E5*=>*=AA775#>B@5?B=7*>?5CB.6=A977(#;>?A=EF5**5A5==E@5#CB,5C.5775E5?>7(=57*>C=>77A*>(=C5(>C.;*FA5(5-F7=5AF5?=D>7E5C5.6=4;F(=;F7=5?EBA5E7=>CC555?=A=77=>E>*=5?*=5(=5=5=5EC7B5EE5ECH>5*F7B5?(>5.6=<#77=7#77*=E>*==C7**=7AFB.((>?=3((=5*=BAEBE>*=@A#>F#E*57,F$E@57E>*==C7=AF(5E 57==A>(=E>@*=(A=5*=A=CB=.=>*C,FA==E5?=>5.5*=5@?>=5==>7C7AF.F55C5?=>?=5KE*=5C5*7>>EE7=7>BC5?5=5*7>=>A*5>**=(>75N(KE@>*A577>(=I5@(5(=*7>*B@*55.A4=5(45*F75(()=5=E>*=-/&/$57*F/&%A(55C75.4=5955F=5=5A;5*=B=C5*(=55==5F5?5CS==#A(()5N5=7=57.>?7(.>7B,75=E>*=A>575?7[57*F$$&=57A=>?==#A(()?5N5.-.7B(6*FC5,75=E>*=A.5#7$+7(55*F^[=5*5A*7B=.#A(()?5N5.,==5fE=75?=I>h5 D*==>**>?7A*J!55(C5K55?= IAB.,FA?C7@>=*57B*H>5(= *>*=5A;5*=C.#A(()?@5N5*7=57.C5(-FA)=5=E>*=-$T57*F/&%=``P5C.C5A5777*55A;5*=B5=CB(>>;>*==>?==.#A((I)?5N58=5##> 5C55=D7.,5*=( IE=5EEB55>I.*=>CI>(=f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

PAGE 10

1,#2$ ,5B*$/7e7 ):--SA14$(64-61>$2_*#-J#)F577.'3.4CBE5(>7**5"AFA==5>7ABA5=M=55(((!-?94==A>*F=(*.4A=A(A(M=AR5>5E5(>75 4577<5C,K=555J7=! #=5?#F5775YE75?A=A==CODPEA55*5Y!FA==A5N(=5(7I>5=*FEDA577?5CK=555(=55?5?7?5*7B=5MEA5=5*5BEEA55"(5=E=5>?55?=B=45*=f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p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e=756=<.B.5. 4,C 46.#.7B>?=15?55@IB#>BB5?=E@5*=>*=55B=CB=*=55>*=A(>7E7*(=55?==A(>O*5C575NP(7F=>=55575?>7BCBBE==*8=B@A=7"57A=5*=FA>5575WXX5E>A75(5FA=5?= EE A77I> *EE75=(77-A9FE7BA=7AA=BI>F75(5B>=97777B>55=O5=A7PB=5?Q>A5=#*@BD=7=7F 5C=577C77B3C5?(B>.,75*F975C5I>E>(B>=*F7F>55#B5O R5*(5b==5O-#(5P477(= F(,7588C(7FABO#,75,5PB8E5>FEB>BEMB>97775NA=B=5E@(B5?=5?CD=(7FB5(B>A(B>??7A==8E755?*-F#@(*7BM=(55@5C?5*>7>5=A7%7<5EE?>@*=5E5575>5=>5EBBAF=5F5>(=*5>(;7F-F577>?=C#->@*50B=*>5.@5>C7.575C*F*9<-";***M75F57=*>75AI>5?,8E55(=977I>575N5A===575F=55(B>9=B5(B>=C75*F=A7(B>9= FC5*(5*F?5?(6$&8-$)3)1,$#82. 3'5(4>(>7*=57>!"#57=5'=AA=55(>(A5*C=$!(957558J>-.=C55CJ!%$75F0(AEJJ7E=5(A5(!YB?55=X !W!!Y ((= 5A>7>77"=5(W=5.6.>(<5775A5=C(>775*Y=!5=77(=4=5B5(7(557(C>?5C=+5=5*7>?=5?E7B5?bW6A5=85*5&'E55C5*=?=A(1**7E775H>5>57?5?[&57=>?7*7?(5=?=I-)*-55=?>(===*5f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d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a=E*5E5=>7*@57B==7W5(75>*77C=E=7?*?5A=5*==5*(=*>?=5?4=5=*>5C=C*>?=H>5*F7B5EEX=55(*>?=S*=**75*F75?==*=55E5**>E**(*=57@A77?A(7F*5*E5*5*7=57B E5>-77?>??5F(5*>5B_57 D=OEEA5K=555=55=A=7C JSOYXJW6=> B755577(R,A F5?A577A577>*=5?=ABA==B7Ij;Z*B=5E5*7E>75E ZZZZZZZZZZZZZZZZZZZZZ5=>*=?(=#)57EB=775577C55?=>?=75(5A>7755 --)#YQ-Q#$<,-)Q==*5CE((AZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZAC5==C77BA=>*=Y= 55?5(5?>REE5!=EE(=5 I7*5*>5*5AI8(5=7755DfR575?(==C?&:8"7##^Z./75=5=I?A577B575?A=575 E5*5E7AEE77555?55(5?>=:77B #E5?(575545*5.5*=5?A.5=F#>= EB=4=> B,7>M.5775?EB=C5?5(5A5775?I55=CFE5(5?>5?5?((=@7*5*EFABE7B/+&&&&&EE7=BA577D fm7AB=C+ (I75F>5?=?H4=57M5>77B=,>E (=#=5?=ABE5M=C5AD.55E=CC I(==C?(=5D5==7(57755?C7,75=B7 (5.5=5?=AC5ARCR*=J5DZZZXZX9W55AF5?55=!8!8&&`/7 ?5N5FM7B=C*55?f1E5.57A4=575=5?,75==I5KB (5I?= ( ABI*E75(=*5(I!B8#EE7B5?==575=5(Ia57B =5 JI5==F>=77557fDE57B=7(=5AF=B5?5F5?>5CB(=>7=C>5?DC?FA=>?=>=A75?=5?B=(8+7,8 ,8!5(B>(7FAE*=55(B>A(A*>EE7BB>+,$-91,47IJ2!"58!!/855)>5(5*(@E5*FB57=R>*(>5@5>54=A5>OPA5E7B?5C5?B>>5?PE*5A5==>@5?=B>BIBB5>*5*5@59CB?AB5@FEB>B(5?57A?5((B>=5C5*:EB>AF5?.&<$6;="''0'/F75I>I*=57=5,557B77>??5q/l*.((-5XC7><.](YE*F?5,)):-)#7,,7/+&<<%+)#67D:,&.1)-#).55#;=$/& #)81!3!-F/05@1:8EE75*@&1 B+,.(,8+7) (8+$.)-.).4):#,1,4963)4$6(9H.KP`3[/-G1-3)4$6-<))-$/$%,F75#E,7.#6#?=>7ECFC*55#56#-:.).,C)G4P"5#X,F,5B#5;.1555=D4-,1;4.,->--:#3*>5!>5J!(=5=5(7=5*>AE5?C5=F5A5=5@>5=!AC= 75R=(55755(7A=>5?7*=7D%EF0%%;>>5?7>"=75>(5@855555>(>5> A(K*5D 7C=(EE55EC5*5?=(55*8E5)(:*;>EE5(=7==B?5:CB5=F577*(E>*<5((5>?[S//KLM5,7!(C(B 7788,6e)7)=5#,4577*BB=5DB>=C7E=$/^<)47+=6G/6'7:&+7((+!+.67)#*#6!&7F.+7,&&)+&676'F*H-0 78))196>7B$+=,5*7"J(=J77b#.);bb<.#bAB*5,--;##(]-(=E5(BB>A5=,755*A*F=*>E(*>=#*>77!?E*55###;##### &;,-V)6*Fk577,72$4(?6&&&! 283+8 &4".)$,KG

PAGE 11

6 ,=5B*$/$%/'#:1[1)+>1,,6)44,$9?=5 AF7>EE 43)6TT$6>5775?CR>E=> S#A1!1!6/_/=5E!FC577B8H>7>??7>>?=9==5E8=575?)AA7EBAB(= ;*#*5*=F5?=>?=5?=AB5=5*7>5=EE?5C=(77A5?55?(=55E5C5?E>&=(*5?=A77=7B77AI (55=>?2:*7>5*5(=57(5(=5A* >,A57777=5(7F> a5E5B*>B75FAAE@E57F((?A=;=57&8=5EA(>7,*5CFC>=7?A=5*==>5?(B57CA=)7#7?>5C555=E->NA=5*=7C577?5 E>*5?>E5=C5?E5= *5=5EC=8A==(A=F*>BA=>CB==>?=77C557(==5?=AB(7*5?=7>FBA5=B77A(7A-F5=5=5?(>B4#5F3(7AF7E55=<#5=5=>(7?7*=4?5>5" A*>B5?7? FE(=5?EE97B)B *=FE5>E5=7(77:5>*F=A ;=5D*=B57B=5? A5=EEBB=*A=5F BA=5*=5775*5C7(77EE*=5?=Y!B77A*A77EE*5>(=5A=*"!J!5A=5*=5?*B5C5577>5=ABE77E5A#5="+,-);..24TC-#),,:#;7 (5%/+*7>CE5 7>(G$&'&&&=5* (=JC7=#M(*7*O15?=7555 *'=E7AJ585 ==8>75C "$&%EDW **>5?=((5* (5A5=E7>=AkB7"`1Q65.J!.!5!.B5?=*E OU(#GG8Y^:?.A5775*5=*5B (577>A5(=C5?!**E=A5F5KE*=I>E=A>50ECEE>7( 7=(*7757`95Y=EA577=77#.5755?5C77555==A=>*B =55 =ABA75F5(=A=5?5ABI5Ea?*(>77B=>?=B57(MB5*A57,75*B#AE5C8 *BZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ9 7*75F5*F=55 ZZZZZZZZZZZZZZZbf( 5=A=5DE*=E5>7B*FJ(5=I?75E5?F=5AB*F=>=AA=*=BI*")>(=7Q5?5>***> 7?(=>5?BEC5(>?(*@5C555>?>5(=A=5*=A577?=7*7*=(**>57>E?A5>5B5( A55=?5N5C5*E@=55*5?51!8Q+#C-!EJW7"?7555 5(77*= J(J"5A!M5SKE5 B7**55"7"JJXbr8J%94&P?2:'%! $%")'.>=-=E?(*5C575N5*5>77B*=*C5*7 C5?C5*(==BB?A=>E?@EAFE=557F>=((=A5A*M=5E>B*C C57=>AA5==5(5(5*575*'$=3%'FE((=A5*75B*C5(5?5*5*7-( C5=5(=A=7(5(555A=FE5=5* K;=*77A=AB5*7>/>75CB>5B5755PXE557?>(==*=5(5E=C7EC7>75(@5?5CA5E>75*5B,758C?=5F5AF5? (Y555J!I=C18 JR.Q=7?5A5Fd"757* 5$ObRb"Xb("rbX"ZZZZ*5=A=AE@=>75?.==>"7**E(==? fE5757B(=55B=$5N(*B5?=7>*= jAFD=5?B!CJ5J:E5#; =5*F5J A=5F5*7>5IMC5* E5.6#5=E 9 .-;AC5* E55.14#>*B*B D>=5*5*7>=( f(5* 5.64.*7=755B7(=5AEYK5>*5(=85B=((5*=MBI(>5E *=M7!5B5?57?E#-)0)-.QAN7?75F5=A5?*5>*C7@EEE=7775>5F=A=5*=5?77>BK5C@5>5N*#577FB>BF=(E>E=A A=5(=ABA5=5?E7>#AMC5,A#BM=#>?>5M*=5)7"6=57)*7M.:=55EE#;>?M<#A77.55M6=#=A5,S>7M*155BM,5*F1BB75CM7747FI45CM<<4-@>?4-457;977B>A=8=5D>FB75EE5?>E=A7B7597A5=E5*F>9B>=>((=**F>5EE5?5]>55(AFC?5757KE=*FH>@5577A=**=>*=(>>575?575=B=E45C=>7"(5?FC577>57=B?"A5??(55=<5?5=>?=>E=577=5(57A75F5*=k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`C5?*>=@C5*(*55>5.?7FFFE5777A56*FC577M>%f77**=C=55?=#>?>5MC"!AEERM*B>7=(77A RAA=A75CA>7I5?5* A7*M.41JC7>755>,7*F)76>7 .7*>5B>?>5 4;5*=M4*E7(=75?,*=6*FC577M65A>7=YE55f>55(*51#5#4#<.1/)8+T.#8-588 65&/J6>858# 8J.!!#"888.!..!/&0GG& <6 !4))4($;7F>B75*>**B=#(?==EC55>E7(,757?A;*F58S57>B=7?A >=C5?(A>K*7 5FA((75*F5(5**5?=*=7BK*E55A* =B=5?555*F5B=5*=75AB=A>7E*7>*75*F5(@5=555>7A=,7@575=5>B=?A=5?=5?5;7F*>B5=>*5AB7*7?A5)7?A5?*755B--F*>5A5=557=5E@E5?=E57=5E@ >5==>(*#=5EE=(=C>E5A 77?=(55?5*=EB=5(*B4==5A577E57@5> 5(*BA>=C5? OFRA5*F(b5H>5"==5775A577*=?A>EAI(AB7775CD7>F=I>EA==?A I*75B**f5E>5?5(((5A5775E57(=*>(> I=**5=AC=I?A>EE=I*555(5=(>=I*5EB?=5,7 D5=>B575*F5*5AF=BF5 E7*A5===#>===CE?5C5=55(75C*F55?),]-T$+$*T,6,A59J7A(575E=75*FA=5*=5F5?577@>?=(>.A=*=*778*`>7C3=C> =D9;B?5A=>?==>?=5B>A=>5 m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m>5?(A5F77B1(?I5(>5 =*EB=DF=(=55>=.>(*>5?*A5=f=H>=5*5B>=57?>(?E(>5Y8I?A5=):(5B"=(5 6= "*/1&!VMGG#GGG! 7D=5=-A=5A5*=5A=5B==E5*>BA(=5<5C5?=BA@(>7?575B=5(@(5=B>=7+b.8RS4=BFB>?5(=>5(>7E5*IA7BS4A=A5?7?7*5(5?;5*75?=5=@5?=A577E7J=4>??=B>E5BC5?AFB>7*5%8=5?K*7>M(5 5?(A=5*=IC 5E>*="KE7B K>A5=>5#EE=5*5>5 #E*57D\ 5*(=5)2#A5\55*=75F==77*55A=CB=CE55 >A=5?7 **=(A=5*=57A5=CK4A577=7B5*B>@7*>57=5>EEB@57EkIX"6%IR"+5+$,&64-c[$

PAGE 12

;<4-1 : A8S$/$%#' 4-b=((C5M&F57777(.57A5?=8*>*>EE@EH>=E(=5@=I>?=5EE5?=*>FEEE.55" 57A5?=5OH>5P=A577B5=,=57A5?=M=>C7=>7*FBE7==B>?=5(;75B=5?5?>*(E7..->EAY*=57E#>B(A5=.->E9E..#<5?(VE=B=5774>B?5?B(>=5E?A=5*=A577=C5?(*`/'.(#;EE75@5??=77B5?b4=5E7K#>B.1,57A5?=.57B.6.:57EA=EE5?5E7>B.<5757BE7>@BA5=.5;7.*:5775EA=57=5=A5E..7 77=*=577>5=BCC5?> #>==(.77 5.,:EE.4->E$A-F47#>B>5?#>BC5?.575*.*B(C55C5"-5?=5*.-9 ..57 A5?=9=EAFA(.-)B..=557A5?=..,$57A5?=BR..#>(VE=B=577A==C"*,75>(===B?5>*FA577E>555?5E71(5B>?EE7CC=BA577F,75=5!#(75;EE7A577 -5B#>B5?=*@ $[-77(=#5; =AA7FCE7(*E5?A5==EE5,5AF.7*(->E(5E#>B(A5==5=5.4-@>E=.55B.@I5-&>#>@&--&M--2&(#-31,!!&8#-)$2---4 -%,CC8-#--,:EE$:-!&!&8-(.,55A5E=.-57B*=57*77---.>7#>B(@.6.*:5775E.5;7*77.-#@>B(-<*5E.-&BA55B#>B.575=C5?57AFB#7))$)67775*%3..##=>?=.55C#>B((#5=C577<.#==((.=E#54=57A55?(E5=5=>=BC555?=575?=..6A5*FA(.#=*5?=>?=5*B>?555*=7=?>KE5?4K.#=(57B=BA7*;**>B.6>*F=5C(#C577A==EO=5>.>*FA5=.>*F>AF5*F=>=.>*F=E=A5777I5=5=A577E=A5=7F5?(=5 EEB5 I=B(5 (.77BM8>*FA577>E5=(=55?A=5*=**>>AAF?.<>7=D,5(487> A;5*=B7=>B.I<>7**E5.65*F $.6>*FA =?> (.7B.B5=..*=57=*=@5?A;5*=B#>B.6B7A=>!(.7B74@BE7CAE5?5E5?H>575?.6A5*F*77.6;F6#>B..<>7..:5*=57..7BA*77 ..C7#>B(."&A5*F.##=>?=.5*77=7B=.B(;#8))!".:<<))5#4f==*5CC5* $( $D,#F7B((5*5h*=?(=5#CB@*>55?#56*FC577=DA(;**>B8B>? I5*7#8C5*F@5??5=CB8*=76E=.>(5Be(..-@ !55?=;=@*59.#*=74F5(#5(.1-B55?=5#*=7*>BBB*>F8#A=C=BB/.. 15(F7BAFA5C5@5 >B5*=#=7. .B??BA5BC5 5=>B..*.>77=H>5577=5AF.66<>=A>5 C55(E=(5(5=AF77<-B75=5*F75>((5?(*74?7.455 5?J>?5(5?*(5==>>((5?(*7#5;*F5?5#>EE7B=C==>BAF=E75?>B5C5?>579*7*F;*>B>5?>(5(BE7B*-5@5(E*5*,5BC5?(=E*5**55?(C7A 7*577A R EA5=EE55?7>*=5XW!(=;*=57*=7>57J553B=.5,57<;=.5775!477IB=75?=(>7>5*.6=775*=A=7(=(#;>?C7AF= >**(>7555?E 55=5(E(5C5N*=5*75B#C7(=AC555B;>7B#=A.=K=55(4=5 =Y!(>55?<>;>7B,#C7E5(===C5AH>55?((>@5=E7EB7F5?(77=EEB5?7*75B.73C@5B>=75?)>?C75>>7**7#>BC5?A=5*=AA77E5=*=577BA=.=7(#6E=A>B=5AF>575??@?>=(=#=77(.==7E>5?=(55=5?>*==AE((5*.:EE575?=E55?*.=>#*=A=AR5 I>5=#-34>*=>7(77?5H>5=57(?5=AF1A(=-5E?5?.6;-B*==C7=5E(F>H>==58)>E55?A. D,??,775?>7?*?A I5?75=E.775=E. >=D>.,,>.B>?=>?== (5BA=A(57?A5A,5BC5?=7E=; *>B.5>?>.=>7B#==5(>C7B*>=5?==A5=F?75A=57E75=5? ?7A>5? * (45*5.5)=5A5*>=5AF=757O(5:5FbA>7ECI=B..*7E5A5#55=5(755B@#>B(7AF..;5(57B*76(5B**E5=; *,5BC5?(=(5?=7BE*5*.577KE*7C(E(ABC55=8(=5AF=C7B(5?7B>5@*55;*>BA ?A5?*,5BC@5?4=E=BA577((C>>5*7C5?7B(# \55>(F5?=5 MF?5?;**>BXO(=5E*5*A=A>7D*B=75FM.5 D 5#=ASP.5775)95A5=E*>75**5#==?MA5=S "?5C=E=5 "AB5EE5A=AA==9(> *E 5?F5*F55=F(>785=7B5I>5A>5A=5*=FEE5(85.;.*?E5AFA5==5(57Q.b>AA7*C55(5M"C=AF.6)8.5577(75?=J((**(=5(77(=((=,7A9=>..(57B(C F=C*(=A5=CF==> 77B*@*>E5B.,5(57B..,477A#86E=C55#>B.;# E#>B=*5?(5B)>.:=55>@=A8*=5AF*(5==> `;5P#=5>((5?( C*77A(C.5 .B5=1A5===479(57B=CC(O;5?P. 66<>=8>?7A77?C.=5"5W`MA55?O;5PC=.: =D>bb;5 5>?P7A577=(13&<]HH8.[[_!.[F!#c`1464?6$14$*43J[757#[;),##)#36!( .(! .##3).Q:C:/4-5=->*=7:.%Y.1CC32)$$2+$166(#3-$4)$6C)$4=BA5775?7?S*9B#,>55?>7,6.>#5,75?(;*>B=#(0))7#+-1<)Q(4C>977<(4977<,>%2$1,)#/()1$?14$A3$249)1$*3#E*57B(3$62)1464C6D9)*44$..1(*1-:3*367*68%34$#-82$6,13$9612$61,-4*3:?5((:%34($1:8,8:-%)*,49)1$*3$-(,61(*411J1$(2$$*)$65,*OI382-41,$633$46)91454$6$6$1464?$+62$2$,4E0-9?.,3())()(( )4($6=9)61*1*)C1!$, $0P*@69//-:/8(#I:$ 2-93294(1 29$$-414$4-*9149)646)(5)1(C>+.31,$$42$119$41 D6>A55?=>*58=8FA 5(B>*((7 =7 15 AF=5="A== B55 I>7E=5?E5>B>FA =CCH>5?A>EE=E==5?=5555(?=I=5?5?57(5BI(AFA(B> 5?6E5>**5?==>I'5A=5*=5(5C>$42 :Y045=E7?5)5)D*A5M5B,D >I4==A5A=F57>D*A5=(7??D,AK (=7(7fA5?=-A#;.5"'++&&T+T+''T^+'(5+[&T'c+T@-U-@0;IDM" !`!F,VY667R#(!!CA=WXS!J8CY5F8Q"D=55565>1SO5?==M$Y (7(5B.75."57B#(5F5 EA5Ab<)#@'-H(?8-1==YY5=@55?I@5!!@H."!\/a,8=*A5=5>57A>BC7C54977(77A=*C7*4977*75==577 *=57((7A7B?4== ?7??E@(>5?AB5 A977C=F>5A577H>5*F 4=>5F5C4==B55J59=*AC=A5?(7*=B)FA57A=5E7B==,>5(>==J7(>D-*F(7E5=(>5%C$9164$#3,(861*)51$6)9$*(36,%#%&"#>A=5*A5=B>ED?5?=>*55C5>7E7*A*=E=B>*>B=>5?==75B @F(B>/+>E>5(>7E7=((5*A57=E=/cE5CA577*774614(61*2$!"#$$!#$$SB14$(67IJ11$70$%10J10%>671/+>%%!% 00 7%07)%J1S2=B4?-/1 ,&4'&@K'KUK0

PAGE 13

;<)-)Q$"m*=7*75B7>?=>EE5?=1:# ,-)(ABE5*F5?>=E (=E=5.0=-*5,75==5==5=3 7755557B=54#/SYO/8/ !/:&/W#!d/(I6$UYO.YaIIV!1!Y//V>H..IIHH#6#Ee/OOYSd!8/!/>L#O#>f>YEA0F#GGG#GGGEE7=C=5*EBA=5*=5A(>7(=5B=C*5=,755A@88?=A=5*=75(5?AY!E57B=C 8*E5(=?57 *E5=C7=5 (E5C((=7*757AFA="5555C5(>5= F=E75`=A=9=>=>*F A577*BAB9=E555J555A(5**E5(=Y5B7(5(= 5*E55 C5=C55==87JA5==A`,-) ?=I > = C=B55?75(=A==CC,75S=(77A=KE1(77AAI> =7(5?=A=#&=C==5,755CB>*==E>75*?>B#A?=7"*> 555*5>=55 A577"5(5>577575(,75*77=5A,E# #;>?>E=*=>?=7A#E5?;5*=B=A55*F5?=5?>5=5*=F B5?Q =5??5*5?=A *AE5B>59*5?D=B 5AF=A5=>75?;4B-D5*75=5F=55a=77557=5>57=A=>?==4E5(=>== # 5W575A577=CFE 57BA5===7E(=7M Q6=#F745775E5?7?(5=5*EBA5=>(((5 I*57(=#=585 ?W,5?-?5( =* 77F?=E *5m.! ! 5(77>E B?575E5*)!5>5>5=7A5=>85*F75BE57(=757(5B5B>==*77*5A=5?(555*=5 5* 5*=BB=*5?5C55,755 7=C575N M"B5*!?7C5N=E553!E7B3A7>?=37?*5B5E,757b(B>=(575?>*5?N 9(!=?D7>(9 =C55=JX 5=>77 =(B 5=7AAFA=B>*C(=EE5 A577FEB>5?57(5(=(=B(E75E,75S83=57(5(=75=A5===I75=5?**5A5==#>=7755 7 "(75A>5I=F(>5A>7*57BA(>7=5?(5A ,75$,-..Y+QT6)+$)C;#87C-F*<3E (= A55*IA=X"55F5?*@>5BK=55XMX >M5H>* S#57C-F0#;*=7=>5#>BC5?*(>M!X( ?5C5? = D :""=5?5(=5WWWM5C5=AX C 5MJJ D85X8(8FJ X XMX5! q57C58=X!X5(W8 W(5"XXDb =(II557(5M! 55R55( C8M S5!X!!X,XA775AD* "5" (>5R(AXM(!7 75F(7A85R D5%=( RR/0?R375C5?KI5 =(>7E7EE5*5?==3=R*=5 5?=C5?(=57A?5C*55?5=5?(=-5B#*5B55&3=9(E75?f>?=A7B"f5(757E57A5=$!=5E5 A>=578A>A=&31A=:&&(I&&:51?5E5=>>7E?7=>?==5*((=#*5B5A=>?=??=5=?57?=,5E?=5$42$1=57B,55$1,2$(>B"I!5J(=(=7!5A37F(=A+**=B=>?>C757KA=*A*45A>A5=*EEEF>EE=5=(E5*3EREEEC5=5F5=*E>5?F5A775>?@?=?H>>5?(5?>3YAB38:/Y 8 H/6I/V(A577 .I!88(-?3!!5" 81.3"E5*%5 O^.8HYg9Z@+Ah(*7! dQ;>5J5!R=1J"JI9AA14+/1(<&#!#7CYR

PAGE 14

349$11,61*2$5"E* D7A$/.',$61-$6+=(77A5?*5ER>B=>(*7>?57A(,755EE5?75**5(=5;5e55#77(75*(E5EE7(*=EME75=5N77BF=55?M7B*=5?7E7*A5=E7*>(E55(5I77B(577*@A5=B55KA5=757A=5EE*E5F7A5=*=EE><5=A5=E7B7>*2B*>EA=5BIE7EC5?EC577*>EE>TYE7FB>EC5?5755>*E>57757EE5*7A((577=E>5>57=B5E*?7A7C((55C577>B=77A>E77EME>*B5E7EE5=589M77A*7**F5E5* -@38>"77>7>?Z*>E57F57>?57F?=5>*E>57?(57A577(A=5*7A@C((55>575K>5A77*=*=EE>C@5?(A=7C(=(55=7755A774=5K>5(@(E>5EA75=E577(B775?A7>5;>=>5(777*J!775*E5*5(I*>5?I77B77I!M**>55FMJX"*>E>?;5M >?A5=57F(** >M(557X5> ?5**>>*F(5C5 5>55755*7E>>?7*>5H>#AB67FW[I)KBU 434$;:#H8=5?:E5 %=BA=5*=>E?E7528=?>5779;5 B=5?57*E>A=5*==>5=>(575B==B55 #5775=)(E/'=>;(*7B#55(*=57?5A >E5778)7B[&*B?>??59/.88/"*>I">O*>EABI$ [*>E>57F*>E(7>EE*5=>=7(=>?B7F75?=A5====7(*>E>?M> >?;>557FMA5=757(7>==A=5 ((7>=*5-7B(75=IF57BCA5=A=55*5?3 $*>E((5,75*BI77BI*>(57F*>E(*=EE*7B7?**=7*>E(*=EE>7@>*,*=B55?.==*7CR5A5=57F#A5=7DEE5F>57>>=I77B55*5=5*>5C5*=5KE?*5*7(I77B*>>*=.5K*7BA5=,*=B@55?E>*5*7(*7B>=I77B,>5F$7>7>?7(7>7?E7A=7>?0?777*=5 E*F?N?? 7557*>7*55KE5*7>>>???5A77*=5A5==>(>5(5E 57(7>5KE5*(>5=55K>=> >???5K=7B[7R"#$$%&'(1!-(!)19-:*,!* 68-! 848% 41631649$1%%!&'()#('$*#4))4:##.#64B6599757C(=474=(5=>?=(=5*-?5#*7B==E=(=A=55C5*77E=@5?E7C5*==-?5*?5C =-?555?5@A5*E5?EC5(=5AFFA(>D(L+&&&&&&555?5E55?(>-?5AF(5?75E>E5*=77?E7*=7@7?*=CB(>A5E5>-?5?=5? ===5?A5*=A=C5=E5>7(5=C5*5?5C@5?(7((**>(*>B>B>B>C8CA5===(C*F=>?==5@C5*?-?57CB*=57@E*B*55N5@B77> (=>(C@ A==CCI5=-?5A577A=5EE75=5E?>=A577?>=5B>IBI-9H>57F5??AF*75A=C5? A>=577E>* KE 5*F5(5A577=**E7=5E(#5?57=5EP=7 7(KE7B=.77>=5>5?C@**5?7B(A5>?55=>7>**(*==5EE5?5!A5==>* (>EE7B(>5@7A#(7BA*@*=CE5*=5((5*=A577CB =E5*A((*>7>==?>5=EEK5*(=57=E5*H>B=-57B(5@*55(A=A975C->?AM0KFG=D5=C5>? (AA=5*==BA577H>E?55**=;*!7K*75EB7?=7 (K*75=,75#E5?.>(*>5?7=7=5571@5>F5?*55((E7*E5*=EC575?E5*A=A=** 55C5?A[7D 5&(#(5,&E5(=5E@.B>??55 =7?A*==5EE5?E5E7M=5 =CIX=75*7=>57A=5*=\=B*5>R4=78J!*?5C*-5?(==5EE5?! ((5**>8F=5 (>*55BAB1,T-*4` 5Cg(?5*>7>+$)11#:,);1#-)S$UBF(;*>B>5?5B(-1,4,)*4$$,>T2!,1!(3,.(!,*A5==7(=$&B8>((5?..C5>55YXD96Y>C57*7= (577B=a=B5E7= 5bA=5A5I?=5?7b5?=AAb(=C5?EB@=(BB>=5AI=7('(>>5((7B$8!X7=A75(=B57=Y"7(5K(575==$5*C.9EQ" ==B(5?5>=7(J"#>MB =??=AB=*7B=AB>=*E77B=7@P=KE5*(.5 C55>E75*5=>=*(B`=Cf"M"=J35=R5A5=EB=B>=55@]>5*F((*5C5*B>*7A5=>B5F=>B.C5#5E7BA5=. =$T[&((>A774EIE=L/A5=(A*E@?=TB=5(B>A=77B5(5A5=((*B>$/A577@>*C/0L0/)?.-..)4:.<))141*#3)4$6.>(*>(C5(U73D3(&5((&/E8-E-&-'8 !"S*2&#K>((SP#4$6$4,62616C1$(T-)4AC635??57B>*=5*F@5CE(57;E7A=8F@B>(=5E>7B==5(A7? C5B(*=5*(=BFA=(7*F=EB5=(7*F=5(*@(>77B7*5(=?5(=E>7B(*B>?(B>B=57(*<>??.=5( *<>??#**==B>57>*7=BA(5=BE>*??>B=5=55.F?!D38;5B,75I=.7>(5(=EC5*F5(5?=E@C5 Mb5(>=*B=>@=5B(5=EC 5(5(=5*F((?=5*F5(=5M=>?=E5A= 557>(5?=E>E@==5EE5?E5?(5=>(E5AD=57 KE5*F5( 555?55?5=5*F5( I M5>>5(B5755A5=5=>?=5H>5B>I(#E/c=?7CM 5R==E5MA="A557@57>>(>5?5=5E5?55?5=5*F5(6H>5=77((5*FX5(5 5(*5>77@578> (5?E*F5?5=5E 5(=5E5=>?==#(5=5E@E5=5H>55*7f* M=77=7DEC*5S5(*5>P7()*%==WAOE7B5?B>>()*5(*7=5E W55=>?=,%35,,%22)!&$3,)5,)",%#&))+',%-!5'$.&2&$2)&'!#.&)"+'%#*$$.!'+#&%*$-):;5!97*B75CB>5=E5(=B=Cb?`E5*P7( D5?7@5?=75?A577F=?A->=AB>=A@CBB>=577[-=>*=#*75f+&*=,55*.#(8'8/-.55#8(7*5L$&&&*=57,*5B#5*D* M557L$[&&'&*7L$&&E**5K55?=AB.))M*>?7A$ /8>T+&c=>L7.55#$T+(?(57*5Y'':5)^ 5*EEBC5=7=7(>5?7*5L[+&&)%#$1&)&)!#.&%!*)

PAGE 15

,5B*W$/$%/' $ ;<,, 34$.*49$9)-.B7>5-57#5?5B145=D.145W-565,??V5 >**F;>7((1555)I .5? 58>5=>?5#=>1 54F5IJ(>5 5R50?755E777,:=5$8=:7 185??$'&&&A? F*=?(T&&&(BEEB** 5T+ &&X$CBJ5B55+)&&,#6754=)75C$X8.178),$#),-)$*+++;7:=C,.F$%/'=7*5(5*(IJ87*!*5(5*=77J R9(d* 57?7A0KA5775>=75/'=B(8*1)$%/'f#.)4),=CW W=>B=((5*575B=5$%=B(:C9151$%/')((557#7$#7F5*>5>;*>B7 5735/ 7% 55Q,-#85(5>55B->EC-F B7B7M(5;7F 16-#=7675157JTH^643'61$,_164T:5),--.)901)),)6<#),,-);#)W) B4]>5E7.5D5*5=B?5C77A5I5M5B**=-5775.]>5IE7?>5(B4]>ED5A577=LBY (D"! JC-"[%/EE7B= b>B6>?D55Y5MX>BX>B!A77]>#5=7>#C750755!#7(875)-#<1=$..5*=77E>*=(K5@(5*/T$8=T=B(6>7BQ$$%5=(575*5(5@*5B((5*=E@E75*5(K5>5* !M** A5=7A#5*5(5* "*=(77A5?*5EEB5>;**>B,5 8 A555(*57#*5#*5$/AE/J#>=?#75=575?9=(=5>*(5R7 (5*5=(= #5=I855*5(5*=77 **5?7A7CbA5775>===B(D(**1$%/'#.)4),=CI5(X> XB=((5*577$[/'0)((5*57#7D$%=B`X(C ==A(VE=B=577F5;?=J .E(=5**+'.*=.=55:.577),,Y177571 (2556-9-8,);#)) (#),,-)@5(4;..575=771$6)2*=5(57I*> (=E5?C7BA5=4"5RC4564-EEE5J7J6>5!"WD69>68C=$`A7E=ZZZZZZ=CB7$$5A=5 8>?=.-EF55a5F553#35S!8 7.!ABA577A( 7=D57675=.( = D##$ DX8\MJ957B5C5*!>>(*A=IB 5(C7==>5=.FIE>57B**=5C(=55(>5*E5(5=I."C(45 X5IREC?SEA=>7>5(>7F?CI>==#7Q5E5?(AB8O XA YC555?=CPMb52EEB>5(>7 5ED=5!8A .<.577 WA5==5?55,5bE8.457A5(57B1 #(>5 bI5.S65E(57B.5>7I>AR("+1758I-57775*=,B((AB7AF7575.-<5775C5@5D,555777#>BA=.<5775A(* EI:F.3J EF5. B5I=R.5> *E5*XY(!I>"JY5E5*5*=>F(B55**7 75,Y>77:55 (K8=75>55(>745=75*=5CE5=>*8,75* ->E(D Xb+75(=R7775MM! 5",0=55"58aA=.-175=CJPCJ8a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`X5((>=8(5(3$-,6$*4'()*$*$+*($)$*,#'-E:65 -7(5B55#E,75.#7Y:)9#77.5*=;=5 (5 ?.#7?#>CB5?C;555IS,5#X9B)5(56:77B7)((5*#5=7DJ>C("#E5F$9-;5*6.&'5,>7#E*57,>.#.7B*=7,5C5 ?>5#-F5-F56+",:EE.5#A":.>If:5 #7MVJ 7#5=*54577B74577C76A$$,<#-5F5.55#A-57#5?7B=-.*.>77(5 557,>7"f `555 55*==5MI*=,!:55FE5*55(55,?>J*5.=5:>(55#=>R=.6-#=5*=mXQ5,F5556F5*=*=66E(7KEE55:!X"=A55>JX"5>E555=5J==J(JJ=7$>>775(75C5?5(>R77E*755?>=J5>>7*=5 A55-575C5?M5(77E5*755?5>=5,-*= A5!155K5(75C5?5(MJ77E5*755?5>@=5457*K*=A5M=74577*K5(75C@5?5(77E57>5?5(>=5=74577*K*=A5M/.B5(75C5555(77E@5*755?>=5ZZZ6.B*=A5M555e556=).77B5(55C5?5( 5f77E5*755?5>@=56=).57B*4"!.7)57)2)),)6<;#))#),,-(! D$%&&D$#),'0#I47FX9=55B=6>?J(!J.J +&f4#-.A=E j$E75=5"M*(-$/"f555=( +&W47F *7>( #e&f*>B(1"%#,)*5IJX*=A7M77FA;52XYX5=775?>8=5?=575F5*5( 5*==5(*5fEE(=5>*=C= ?(B(=B(75?J 5(=!!X"(57I*55(B#(,75=E7*(#!D=B=C=?5?(-5*(*=(5(5 55(5555= D=*E75>FA$$9()fA5=A577?#,))=55-.A=(5f=5(*=(=77FA;*755?B75?=5755MEE`bB(C$%/'$1J!>(DX75 (#77J!-)>B6>?'+&+&&8+&c8 7# +6/&&&$"/+&&$+&&B#>=7((=A]>@5485(5=]>3-I=7(X=#>=A]>0#Q18$'f(=]>07'775#*@5AB (>0/'A*=7;;0J8CR>5J /,011203-4,5637577,5C6=B7&&I=B$)(;7755.D&&8#(,75IB=DE>75=5$&&&5EE5?B((5C5EEAEEE>75=5E>=577(E75(57555*>.>B=/B(,>B$#/+=5?=,5.B55=>B(=5>6#,)='.B*$+(55B5*=7?57*7>>B7A59*7>D=*7>? (77B5?I?57*7>=*=7K/[&4B5((5*( I?57*7>#6E=A9I*7>*=7*5C575N5?(>5=>B5?((5*(@A?57*7>(755= D7,5B5?((5*(`;B;5?==(5155,*=*5155*-577*=#=7I55K.FX#( ; 5*=544;5*=C44F46=*=E56>75>;577=((77A5?5(5*7 A5>-45??*=5,??*=YF 5555,?>*5-;5EE56K-56*=5?7*=I>=577(575=C /1*>=B>5*5[R/>W$T[#;5,*=B>#SDYC_(AB&&I=5E55?5=[+&&I(,75>E>EA="//IA>75B>55=( 7 a$$ 7EE= ;577(E75(57=5(h.B=/B(,>Bh2$%/+=A55577( $85E75>577F*(WS Ji05(>===55=E>75=*AF(5 X(/*>5CAF5=>5B75 C45AEEE>75=5; WW56UB,75" ()65B5=5(#A4#f.F77I#>B((5*.#:$:)I1>d-I= 8.B>=?775?ZZZZZZZZZZZZZZZZZZZZZZZ.B7>55J IB.*:5B5?>75A5=57E.5>(7?>75?7EECE5B(57E(77A0X>>D,>=C$#//#[[T' Y>5,75!:+66,8*5E>5?=4E5>5?7*=$%&'('7*=C7*55E>55M5X1Q8E5>5?57*=C,67*=QCC55E5>5?*5=7*=C52T6A#75*=QD)5E>5=$T$#'n"+' 6.E56>*=7B-5 D8=;7F*=B4776=;>75=5?.>F"E58=:7*=,7*#55 *=#>57F #)5($8)((5*57#7#D(7F(5*>5>Q#5:55E77*5(E75R55$ /[ 7)$+&&$5:),;;-)#,)1+&&4C9DZZZZ-$+&&/+&g/+&&$+&&I6>7B8/+&&Q5/+clI55(K8"RY55> #5*5(5* W77A5?*75EE ;*AFAF4##=7..*@.>776>?(=C57*>7=7(5*>=5=$/=B(C$%/'h)((5*57#76#7F(5*>5>;*>@B,75-#;:.E.C5C8 #),42.)),;;#)6>57F(0=5@*>5>(;*>B#(,75=B*5(B==C(?5?5>***EB()(;>75*575(?5?*>4##4),=C=>B=((5KB7(((5*=5=$/=B(@C$%/$0)((5*57#75#7F5*>5>;*>B#(,75$$ /$ 7 77" %J*>5>>#5K=6>5*575*78>.J>B!(,75)#<1= 3 5(>BY8Y""5.5*=77RE>*=(K5 I(;* 5BA577*5C5(TT=T=B(f> ?5?(>5=5?75 .#=(575*5(5 I*F7B5?775?$k((5*=EE75 D57(=5(57BM;**>B,75*$[=$%/+,(>=5(5EE7B*7F8((5**>=>).#=56#7F6M5>I 157=5?5I>(>=>58 **>*='+&*="$&&&IIk5C>$5; S 5 A55,*57#*5(#*5D8JE/:#>=?$+&&&8=575?'R&I= Q>(=5>5*(5*5 75$(5*5=(=#5=5)=587 5*5(5*J77 $&: 8> ****5?7AK8.575>==[$C($+& *-2$%/'$+& #.)4),$=C 7=>B=((5*57 58WO6` 5B=5$%=B(C5 46-3C)*'!0#5K=6>77(7>7)Y J7*+,-%.#J(,75>=M//$%/')((5*57#7755J!!=C!=CM77*7*;855H>5?=5 5?==C=B=>Q)5:),*=7KE=EE5E558(=75*=5 57( K=57=*=7K(55 5M.=E5AEEC(.75N=577.:;7FAEE5MDWX(577C**B5=47B=E7*=7*>B=75?5(.575.5>B57AEE5(577C**B5#C#E5?*=7=CC5>=.*5*>5*>(,75; =(B 5Q=>55(*B.*.>77I>?(=(5K=I>5*57*5*>5**>B5*=!Z*C$$=B(.*=$%//5!M(8 >A=55#>=I5A*E75B:77??A()$RBE*57>7BEE5B=*>A577(((777==5?=5(*==((=*>=>(5?A55B;**>B,75A5=5=7?7=>(7( I.B=+=C(7>C(577C**B*>B5?5$%/+=(P 3!I(.;>*;*=,5#F(A;M5*=BAE5B(=b585,>[/=F()#<1=4->6EE>@*=(K*5(5*=$B(6>7B'$%$#=(575*5(5*5B((5*=EEDY!55(K5@>5***A5=7A#55*579C*=8DDA5? J*55EEB5>5(*B,75 A54(#155#C 8A=5E/$#>=W?=575?=M\!XW5>*(M55*5(5*5=!(64>?775*5(5*=77**5?7AIA5775>="=T5=B)(6>B$%/+#.)4),=CX>=((5*57775B=5/C(*@$%/'0)((5*57#76#f7F5*>5>;*>Bj,756[ +3$ / +5C5?W;57545:=7I67*=I-75B<>B<*5E.??5E 55775,I.5#A$9.Bf5;*5C7M75J>D57#A64#.7C51>?=.5.>778.B5#,B#>F5.B>=775?>".5 5EE 5B7*5R55B7 A515(#`#*77(*57!4,-.#48J85.I77.#*5//7#8"(#4!#4(#(*7=4"Q1C(4(#*5/T8(* 7ACC"(Q>85C(M(*55[/AE/+#(5'M#"5#8(R8fAE/&#(EEB56#4M77(5#*5?//7=65($[&&=5=/B(,*6C=771:.d R55*5=5B?5C=, EE75*5(KR:C=77Z5EE7BZ5***A5=7A#5CR(3fX55>5>5*(7A57A=6>?(=5*>5>(; **=(77A5?,E877J86A(EEB5>5;* >>I5R!4205*,75A-+7*FUb($$*7/*F =$T #*5A=5E/(5#?(oS8$080"`"=(=/$=575?*=(75*=(:)$:-# <1=)?E>7!M5 (K85(5 *2%J=T=B(6>7C)=J(575*75(55C",5*=EE75*5SJ7K5>5***A5=7A#5*5(5*7*=(77A5?*5EEB5>@5;**>B,75 A5M#45(#$54(#4#4$#4J'(#*5$%PE/$#>=?/&=575?=(=5 97(5*5(5*-5=(,A=.5793 ;75*5(5*=77F" ):),;;-),)2**5?7AK57fM:5A5775>==/'=C(ZZZZZZZZ *I$$%/$98Z#.)4),$=C=>B=((5*575f"5B=5$%=YBb(8C 5 $%/')#<1=0)((5*57#J76#.H>C5CE>*=(7F5*>5>9 >BK5(5*/%'=/dB6>7B1$$TJ(8*7>5`5 $37 D`l +M*5(5*5B((5*=05 EE75*5K5 Y>5)),6)6':,)5Q***A5=7A#5*5(5*!::$"*=(77A5?*5EE ZZZZ$B5>5;**>B,75 a5J7 A5-/7*F957>7J55(*7>77>75*>5A(#5#*5/AEDD-1&YObT !J(,75/+#?/&=575#<1!5=(=5>*(5 5*5(5*=(@FA7 5*5(5*=77**5?7 KA5775>==$c=B(*$$%/'#.)4),=C=>B=Y((5*5775B=5$/=B(C@;$%/'(7)((5*57#76#7F5*>5(7 8>BZZZ,5=5>*X( 555 77 $/ 7/ [$))?E>*=(K(5*/(5!=/c=BI6>B$%/&(=AK(I=A(VE=B=577=(575(5*5ZB((5*=5>5( KF

PAGE 16

Yi6W1$:3#! 0#X0PS6( 8$$%71%%%1KL+*1%%%9>%>%?J?/>/-/1%%1I+1%//@>1/.06((58E=7?5* 555?5(AF=5I>?=.B.==>(;FF577-.E5?=A55E(5E5?=GbAF5===65EBC)*7;57F7)7>BEE5?=7E5(=7*(=lAFC5575C(-..5=77(*= 5=>A7*)IC55(5=#7B#=IA**E5B==5(-**=.5>5*X-5?()A=A=?>(=?E..;B=E(=,5=55=>*=(EA577E*===55*=>*==K#>B(=8*7*FA5775**E5B..*.5=5?5?C?75CB55 XC5*A=5E.5?(.=(571155C,5BC55=?(=.4,#7A..??5;5?A*77=7=5577(=(=5C5?I>55"=5(=EAB#=>=#>B>5?=*=E7*5=*=7A(577DB.5:=7.B5C.B()=55RE77B7*5E5=.>=5..f,)5(7C7)=57F5?>IVE=B=577A5=C5A(7*5?6==BB>*75I8A577*>7F((5C(=7=D.#55?56.(#N;EE((=(5?==5AFA=57>#5?JC55.?9=$# ?.?5=B?.-7?S#7B5CB>(:D,5B=BA==B7(5A*7=55(N==AA5==A(=B*>7=AA(E4==B5C@5,75=E>A47;>(: W5B.1B(#E5?@(57.J"5C4BE5?"57F5?>A5=C5A(F5?C>@5EE557*5?=.575>?=5C,5B(75(5A577E=A5A5=.577 (=.45775=C.4(CE=55C=4B7*D(=A55=-?5,5(=CJA*775?;.5.C/#-&&,-#Z 8C55=>?= !8!W a.>E=555C4(.5*=A5775(=A5.5N>?=(5A5C4B=CF7VE=B(=A5.??5A!!(.555=?>(..I?#A5 >-Q(55C=4B.CC55VE=B =577(>(5CB ?5@*B*=?5EC5*=5=5(5?=.=5#*>*BE@C64%5BC7(E#E5?=C(K55A77@)#>B5?=555?A=75=*=>*=(5775775?A5fE5>4BC5?IE*57C5*=(7 I5A=7=>I*I(=%5*>5?O=P.5775,5A5C5?,(=A.S;??B.=>(5K= 8C55A5==I=5?7.)5??"E#>B5>=77=?>(=7>?=(!.55??=55?(#>*>B7.:5B75 5=A=7=5=IB?E75?F=5I=5)=5=C>DA577?5F>E=5A5=D>=R(=VE=B=577IA=FE5=5?I(=; *>B#5,5B5?=E5>5*75==BAJ=E57BB=7? (#5`51>?=(577A=?>(.> I=5E AFC5!557U(R*<(! 10 12,)", (5D.>774577C5?n9W67*55=!478E=BA577=5.B4=5&#B6>=((&:#4:#C555?.-%(5771.(&C7B?&8&!=*F.(A577I5=5(57B=5!.5.7C(5BA*77..<@#>B(..-?;5*E=7AFA5=.-?9E..1!-?.4A5E5?(AB=5AFA5=(55;5*..44>*FB(5BE#>B(A5=.>*FB8E5.7AB>fX.5O55>5X.758)5 I77hM7f5D5""15!!YX! 5:f[f5hIEE5 5E>*) :$ 6%/IfB/5D;#;!*^3.5)75C#7@(855BA=II>R(D..999>*F=F?5C5?8?==E7>/"IB=A55?A=5*=5C(=5?I>AE> 77E#>55C5B=F5?(=*5*>"=!5I75F5 EE*..5>7(=;*5*7=5<5(*7*($*?#*F(B<#=-*7*E5B;77C7*7A 5(;#))9#4#;;B,#/)8/+((!(4-$)634$)14336$61-8(5!?$@15&8.!8L#%Q+/#-)Q%5+/#-V :Q1#-$Q#-6--Q#-!!:Q-4!Q1##-31& !!5!8%E&!+5# (("!?# >8!86 &!88&: 5/Q-!,3/8&!# %8"&R K*77B7588f&8A5=AD&7577BE5N==I&B>(>77A5E7BA=*7(=C5?fIB7E?A?5C8&75?=77E.#.5 B.7B-#5=.588&777C(!.=95?A8EE*5A=57,F,!FE=>5*5&526)4$5)#16+1!!/&I!R8a!&5* 8# 1%28/-?!8I1!8!#I-,2!!= !/#88/Q !1!5!#a!1!5!!2%8!5&:88&& :6 8&I!R3,*, . 1001.0. (3N(E*5*7?5(>??5(>=>?=>=5<5(A75F3=F5(=5?=BA>7>B=7C3(=5C=(=5E*F?>*=#>A5=*E7>*>*77*5(8(>5=5?*@55(55?=A=5*=A577E7=5E5*A5=5=755(=5 =E5? *=E>(,-+!(!4=57#=5B(5?4#(=B=O>>>5?5(P4=5>3?5C=5*>C=B=5>957(5=>5(>7.;@*7)K(#57F#=5L$L$^+L/L/+&=>*?5C=(>7(75?3*(=A577IB=A=7B=>?=( A7 77(>77=7B5A5=5*7557FC7C==>*B>A>7?5C(E5=L+LT+&L$&3+;I-2$C$-,2%^8&8/%>B! G##3-