!"#$%!%&'()*+,-.(+'/%.*0,'/*1()%#230)045%
607%38'%&'97'+'23(3*02%06%!/:'7+'%":'23+%
!"#$%&#'()*+',&"-.&/#$'01/#$*+'213/3/4'2/3#41516/1*+'7&8/'9":;"<+'=)3#)3'>)&-4)3-?' ' ' ' '
*@#15)3-14A'"B'C18.1$/#'C);18/:'28."":+'D##'D3E"3+'CF+'@2D'
<C)38G'HI/D+'J/3K-4/;4+'I)3K/#A'
?24/4)'@#15)3-14A'"B'L)M'!"3G'/4'N&BB/:"+'L!+'@2D'
!;+37(13<' 9.)' D;5)3-)' O5)#4' P#4":"$A' QDOPR' 1-' /' 3)/:1-KSE/-);' E1"K);18/:' "#4":"$A' B"3' /;5)3-)')5)#4-T'>&33)#4:A'DOP'./-'UVU'3)W3)-)#4/41"#/:'-'/##"4/4);'EA'K)/#-'"B'4)3K-' 1#8:&;1#$'?XY'DOPS-W)81B18'4)3K-'/#;'**Z'4)3K-'B3"K')[1-41#$'B));)3S"#4":"$1)-T'F#'DOP+'4.)' 4)3K'¶/;5)3-)' )5)#4·' 1-' &-);' )[8:&-15):A' 4"' ;)#"4)' W/4.":"$18/:' E";1:A' W3"8)--)-' 4./4' /3)' 1#;&8);' EA' /' K);18/:' 1#4)35)#41"#T' 9.1-' 3)%&13)K)#4' B"3' /' 8/&-/:' /--"81/41"#' E)4M))#' /#' /;5)3-)' )5)#4' /#;' /' K);18/:' 1#4)35)#41"#' 8:)/3:A' ;1-41#$&1-.)-' "&3' /WW3"/8.' B3"K' "4.)3' /WW3"/8.)-'/88"3;1#$'4"'M.18.'/#A'"M/3;'W.)#"K)#"#'"E-)35);'4"'./5)'/WW)/3);'1#'/' K)3)' 4)KW"3/:' 3):/41"#' M14.' -"K)' K);18/:' 1#4)35)#41"#' E)8"K)-' 3)W"34);' /-' /#'¶/;5)3-)' )5)#4·T'=)':/E):'-&8.'W.)#"K)#/'/-'E)1#$'4.)'-&E6)84'"B'¶/;5)3-)')5)#4'.AW"4.)-)-·T' ' ' '
='5>07/+$%D;5)3-)')5)#4+%DOP+'D;5)3-)'O5)#4'P#4":"$A'
?% % @2370/A13*02%
=.1:)' K);18/:' 1#4)35)#41"#-' -&8.' /-' ;3&$' /#;' #&43141"#/:' W3";&84' /;K1#1-43/41"#-+' 5/881#/41"#-+' /#;' &-)' "B' K);18/:' ;)518)-' /3)' /WW:1);' M14.' 4.)' $"/:' "B' W3";&81#$' W"-1415)' )BB)84-+' 4.)A' K1$.4' 1#;&8)' &#M/#4);' 3)/841"#-' M.18.'/3)'4AW18/::A';)-831E);'/-'¶/;5)3-)')5)#4-·'
"3'¶-1;)' )BB)84-·T' D#' 1;)/:' K);18/:' 1#4)35)#41"#' -."&:;' ./5)' .1$.' )BB18/8A' /#;' #"' &#M/#4);' 3)/841"#-T' F4' 1-' ."M)5)3' M)::' G#"M#' 4./4' /#A' -&E-4/#8)' Q)5)#' M/4)3R' K1$.4' $15)' 31-)' 4"'
&#M/#4);' 3)/841"#-+' 1B' /;K1#1-4)3);' /4' 4.)' M3"#$';"-)T'
D;5)3-)' )5)#4' 3):/4);' K"3E1;14A' /#;' K"34/:14A' /3)' /' K/6"3' W&E:18' .)/:4.' 1--&)T' 9"' E)44)3' "3$/#1\)' /;5)3-)' )5)#4' 1#B"3K/41"#+'
;1BB)3)#4' -"34-' "B' -A-4)K-' -&8.' /-' >P29D]+' C);J]D+' 4.)' >"KK"#' 9)3K1#":"$A' >314)31/' B"3' D;5)3-)' O5)#4-' Q>9>DOR+' /#;' 4.)' =(2·-' D;5)3-)' ])/841"#' 9)3K1#":"$A' Q=(PSD]9R' ./5)' E))#' ;)5):"W);' K/#A' A)/3-' /$"T' 9.)-)' -A-4)K-'/3)'4AW18/::A'8"#-43&84);'/-'8"#43"::);' 5"8/E&:/31)-+' 4)3K1#":"$1)-' "3' 8:/--1B18/41"#' -A-4)K-T' 9.)-)' ":;)3' -A-4)K-' ;1BB)3' B3"K' 5/31"&-' #)M)3' -"34-' "B' /341B/84-' 4./4' /3)' G#"M#'/-'¶E1"K);18/:'"#4":"$1)-·'/#;'M.18.'1#' K"-4' 8/-)-' /3)' 8"#-)#-&-SE/-);' 8"#43"::);' 5"8/E&:/31)-' "B' 4)3K-' /#;' 3):/41"#-' M14.' /--"81/4);' ;)B1#141"#-+' M.18.' /3)' :"$18/::A'
B"3K&:/4);' 4"' W3"K"4)' /&4"K/4);' 3)/-"#1#$T' N"-%&)4'!"# $%&+' B"3' 1#-4/#8)+' ./5)' -."M#' 4./4' 4)3K1#":"$18/:' 3)/-"#1#$' 1KW3"5)-' 4.)' W)3B"3K/#8)' "B' E"4.' ;/4/' K1#1#$' ^*_' /#;' ;/4/' /88)--'^<_'1#'W./3K/8"51$1:/#8)';/4/E/-)-+'/#;' ./5)' ;"#)' W3):1K1#/3A' M"3G' 4"M/3;' 4.)' W3"W"-/:' "B' /' 8/4)$"31/:' -43&84&3)' B"3' /;5)3-)'
;3&$' 3)/841"#-' QDJ]-R' ^?_T' ("M)5)3+' /:4."&$.' :"$18/::A' B"3K&:/4);' ;)B1#141"#-' /#;' /[1"K-' ./5)'4.)'8/W/814A'4"'W3";&8)''$%()'3)/-"#1#$'1#'
;);&8415)' :"$18SE/-);' 3)/-"#1#$' -A-4)K-+' 4.)A'
;"' #"4' $&/3/#4))'*+,-)' 3)/-"#1#$T' 9AW18/:' B"3' W3)5/1:1#$' W/3/;1$K-' 1#' E1"K);18/:' "#4":"$A'
;)-1$#' 1-' 8"#8)W4S"31)#4/41"#' M.18.' :/8G-' /' B"3K/:'K)4.";'4"'3):/4)'3)W3)-)#4/41"#/:'-' 4"'4./4'1#'3)/:14A'M./4'4.)A'/3)'3)W3)-)#4/41"#-'
"B+' /#;' 4.)-)' 3)W3)-)#4/41"#-' /3)' 4.)3)B"3)' K"3)' 5&:#)3/E:)' B"3' K1-4/G)-' 4./4' :)/;' 4"'
&#-"&#;' 3)/-"#1#$' ^U_T' 2W)81B18/::A' 1#' 4.)' 8"#4)[4'"B'M./4'1-'8/::);'¶/;5)3-)')5)#4·+'4.)3)' 1-' K&8.' ;15)3-14A' 1#' M./4' 1-' 8"#-1;)3);' 4"' E)'
$"";' 4)3K1#":"$18/:' W3/8418)' ^Z_' /#;' /WW3"W31/4)'"#4":"$18/:'/#/:A-1-'M14.'4.)'3)-&:4' 4./4' /' 5/31)4A' "B' )#4141)-' "B' 4"4/::A' ;1BB)3)#4' -"34-' M14.' :/E):-' -&8.' /-' ¶.!$/"(+-·+' ¶!00!/"·+'
¶!'!-"·+' ¶1.+2%!3·+' ¶!41!.(!-/!·+' ¶(-5,.6·+'
¶*631"+3·+'¶(%%-!**·+'¶+//,..!-/!·+'¶/7$-8!·+'¶$/"·+'
/#;' )5)#'¶*+3!"7(-8·+'¶+2*!.'$"(+-·' /#;'¶"!.3·+' ./5)'E))#'W3"W"-);'/-'-&W)3S"3;1#/4)'4)3K-'B"3'
¶$)'!.*!#!'!-"·'^X_T' ' ,&%2,QWHUQDWLRQDO&RQIHUHQFHRQ%LRPHGLFDO2QWRORJ\ā%XIIDOR1<86$
5HSUHVHQWLQJ$GYHUVH(YHQWV:RUNVKRS-XO\
!"#$ %&'#()#$ *'#+,$ -+,./.01$ 2%*-34$ 5+$
6.+,(7),4$ 5)$ 7+$ .+0.5+0$ (#7/5)89:7)#&$ #;;.(,$
,"7,$ 758)$ ,.$ (#&<6#$ ,"#$ 6.+;<)5.+$ 5+$ 7&'#()#$
#'#+,$,#(85+./.01$7+&$(#=(#)#+,7,5.+$<)5+0$,"#$
;(78#>.(?$.;;#(#&$:1$,"#$-@-$A.<+&(1$BCDE$F+$
,"5)$ (#=.(,4$ >#$ =(#)#+,$ .<($ 6<((#+,$
&#'#/.=8#+,$.;$%*-4$,"#(#:1$&5),5+0<5)"5+0$5,$
5+$ =7(,56</7($ ;(.8$ 7+.,"#($ (#6#+,$ #;;.(,$ ,.$
0#+#(7,#$7+$%&'#()#$*'#+,$G#=.(,5+0$-+,./.01$
2%*G-3E$
!" " #$%&'()"
!"#$ &#'#/.=8#+,$ .;$ %*-$ ;.//.>)$ ,"#$ -@-$
A.<+&(1$ =(5+65=/#)$ )<6"$ 7)$ .=#++#))4$
6.//7:.(7,5.+4$ 7+&$ <)#$ .;$ 7$ 6.88.+$ )"7(#&$
)1+,7H$ BCD$ 5+$ 7&&5,5.+$ ,.$ ,"#$ =(5+65=/#)$ .;$
-+,./.0567/$ G#7/5)8$ BIDE$ %*-$ 5)$ ,"<)$ 7/50+#&$
>5,"$,"#$@7)56$A.(87/$-+,./.01$2@A-3$BJD$7+&$
,"#$G#/7,5.+$-+,./.01$2G-3$BKLDE$ $
!"#$ %*-$ &#'#/.=8#+,$ 8#,".&$ ;.//.>)$
87+1$0<5&#/5+#)$=(.'5&#&$:1$M#<),#()$!"#$%&$BND$
5+$ 0#+#(7,5+0$ .+,./.0567/$ (#=(#)#+,7,5.+)$ .;$
7&'#()#$ #'#+,)$ .+$ ,"#$ :7)5)$ .;$ 5+)=#6,5+0$ ,"#$
).(,)$ .;$ =7(,56</7()$ ,"7,$ 7(#$ 5+'./'#&$ >"#+$
).8#,"5+0$ ,"7,$ 850",$ :#$ /7:#/#&$ 7)$¶7&'#()#$
#'#+,·$ 6.8#)$ 5+,.$ #H5),#+6#$ 5+$ ).8#$ =7,5#+,E$
!"#)#$=7(,56</7()$7(#O$ $
2K3PKO$7$8#&567/$5+,#('#+,5.+$2!&'&4$'7665+7,5.+4$
&(<0$7&85+5),(7,5.+3$ $ 2Q3PQO$7$=7,5#+,$ $
2R3,KO$,"#$,58#$7,$>"56"$,"#$8#&567/$
5+,#('#+,5.+$5)$05'#+$,.$,"#$=7,5#+,$
2S3PRO$7$6/5+567//1$7:+.(87/$=(.6#))$2!&'&4$7$
;#'#($=(.6#))3$ $
2T3,QO$,"#$,58#$7,$>"56"$,"#$6/5+567//1$
7:+.(87/$=(.6#))$"7==#+)$
!"#)#$ #/#8#+,)$ 67+$ :#$ 8.&#/#&$ 5+$ ,"#$
7&'#()#$ #'#+,$ &#)50+$ =7,,#(+$ .;$ A50E$ K$ >"56"$
(#),(56,)$ ,"#$ ,#(8$ ¶$()!*+!# !)!,"·$ ,.$ ,".)#$
=7,"./.0567/$ :.&5/1$ =(.6#))#)$ ,"7,$ 7(#$ 5+&<6#&$
:1$7$8#&567/$5+,#('#+,5.+EK$ @.,"$$()!*+!#!)!,"$
7+&$ -!(./$%# .,"!*)!,".0,$ 7(#$ )<:6/7))#)$ .;$
1*0/!++2$%3!,"."4$7)$&#;5+#&$5+$@A-E$F+),7+6#)$
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
"! #$%&'()&! *+! ,+$-+.+! %&/%! %&-0! 1'2+! 03+4-5-4! 1+/6-6)! '5!
µ/7.+20+!+.+6%¶!/0!(0+7!*-%&-6!#89!,+%%+2!4/3%(2+0!*&/%!
%&+!+6%-%-+0!7+6'%+7!,:!%&-0!%+21!',;+4%-.+$:!/2+!/67!%&/%!
-%!*'($7!,+!,+6+5-4-/$!%&/%!%&-0!(0/)+!*'($7!,+!)+6+2/$$:!
/7'3%+7<! %&+! )'/$! '5! %&-0! 4'11(6-4/%-'6! -0! 6'%! %'! 5'24+!
0(4&!(0/)+!'6!%&+!4'11(6-%:=!
.;$ ,"#)#$ ,>.$ =(.6#))#)$ .66<($ #76"$ 7,$ 7$ )=#65;56$
,#8=.(7/$ (#05.+E$ !"#$ 6.((#)=.+&5+0$ 67<)7/$
(#/7,5.+$ :#,>##+$ ,"#$ (#;#(#+,)$ .;$ ,"#)#$ ,>.$
=(.6#))$ ,#(8)$ 5)$ (#=(#)#+,#&$ <)5+0$ ,"#$ ,#(8$
.,(2/!(354$5+$%*-E$U<6"$7$(#/7,5.+$,#(8$5)$+.,$
7'75/7:/#$ 5+$ G-$ .($ 7+1$ .,"#($ .+,./.05#)E$ F,$ 5)$
+.,#&$ ,"7,$ ,"#$ -@F$ ,#(8$1*0/!++# .+# *!+2%"# 06$
2-@FVKKKLLNL3$ 5)$ ;.($ &5(#6,$ 67<)7/5,1$ 7+&$ +.,$
5+&5(#6,$ 67<)7/5,1$ 7)$ (#W<5(#&$ "#(#E$ A50E$ K$
5+,(.&<6#)$,"#$:7)56$7&'#()#$#'#+,$7,$,"#$6/7))$
/#'#/E$F+$6/5+567/$67)#)4$5+),7+6#$/#'#/$8.&#/5+0$
67+$ :#$ 0#+#(7,#&E$ A.($ #H78=/#4$ 7$ )=#65;56$
'7665+7,5.+$=(.6#))$67((5#&$.<,$.+$7$=7(,56</7($
=7,5#+,$5)$7+$.,+"$,/!306$7$8#&567/$5+,#('#+,5.+E$
!.$ 5//<),(7,#$ ,"5)$ 7+&$ .,"#($ 58=.(,7+,$ =.5+,)4$
7+$#H78=/#$5)$=(.'5&#&$5+$,"#$+#H,$)#6,5.+E$F,$5)$
7/).$ ,.$ :#$ +.,#&$ ,"7,$ ,"#$ ,58#$ 7,$ >"56"$ 7$
8#&567/$ 5+,#('#+,5.+$ 5)$ 05'#+$ ,.$ 7$ =7,5#+,$ 5)$
7/>71)$#7(/5#($,"7+$,"#$,58#$7,$>"56"$7+$7&'#()#$
#'#+,$.66<()4$.&!&4$,K$!$*%.!*$,Q$2,"5)$67+$:#$87&#$
8.(#$ =(#65)#$ 5+$ ,"#$ 6.+,#H,$ .;$ ).8#$ 0<5&#/5+#4$
!&'&4$,K$/#))9,"7+9S9&71)9#7(/5#(9,"7+$,Q3E$
$
$ $
!"#$%&'()!"#$%&!'()!#*+,-$,!,+,./!*,$%0.!1#//,-.2!
$
%+$-XY$'#()5.+$.;$%*-$5)$&#'#/.=#&$<)5+0$
Z(.,[0[$ SE$ -+,.A.H$ BKKD$ >7)$ <)#&$ ,.$ #H,(76,$
,#(8)$ ;(.8$ #H,#(+7/$ .+,./.05#)$ 7+&$ 58=.(,$
,"#8$ 5+,.$ %*-E$ A.($ 7&'#()#$ #'#+,9)=#65;56$
,#(8)4$ +#>$ 5&#+,5;5#()4$ <+5W<#$ ,.$ %*-4$ >#(#$
0#+#(7,#&E$ $
!"#$ /7,#),$ %*-4$ 7/,".<0"$ +.,$ 6.8=/#,#/1$
6<(7,#&$ 5+$ ,#(8)$ .;$ ,"#$ =(5+65=/#)$ 8#+,5.+#&$
#7(/5#(4$ 5)$ 7'75/7:/#$ ;.($ =<:/56$ '5#>$ 7+&$
&.>+/.7&$7,$",,=O\\).<(6#;.(0#E+#,\=(.]#6,)\7#.\E$
%*-$ "7)$ :##+$ )<:85,,#&$ ,.$ ,"#$ ^M@-$
@5.Z.(,7/$;.($=<:/56$'5)<7/5_7,5.+$7+&$W<#(15+0E$
F,$5)$,.$:#$+.,#&4$".>#'#(4$,"7,$,"5)$'#()5.+$5)$7$
)58=/5;567,5.+$ :(.<0",$ 7:.<,$ :1$ ,"#$ ;76,$ ,"7,$
-XY4$7+&$)=#65;567//1$-XY9`Y4$&.#)$+.,$7//.>$
(#=(#)#+,5+0$ ,"7,$ 6.+,5+<7+,)4$ 5+$ 6.+,(7),$ ,.$
.66<((#+,)4$ #H"5:5,$ (#/7,5.+)$ 5+$ >"56"$ ,58#$ 5)$
has_participant has_participant DGYHUVHHYHQW
WLPH occurs_at
induced_by
SURFHVV
PHGLFDO LQWHUYHQWLRQ
is_a is_a
SDWLHQW WLPH
occurs_at
!"#$ !%$ &'#$ (#)*&*+$ *",$ *-$ *$ .!"-#/0#".#$ 1-$
&'#(#%!(#$ 1"*,#/0*&#$ %!($ (#2(#-#"&*&1!"-$ &'*&$
%!))!3$&'#-#$2(1".12)#-4$
!" " #$%&'(%"
!)*"+,-".(/(0%(01%" "
50((#"&)6$789$'*-$:;:$(#2(#-#"&*&1!"*)$0"1&-+$
*""!&*&#,$<6$=#*"-$!%$>?@$&#(=-$31&'$-2#.1%1.$
789$1,#"&1%1#(-+$*",$AAB$&#(=-$1=2!(&#,$%(!=$
#C1-&1"D$ !"&!)!D1#-$ EF*<)#$ AG4$ F'1-$ !"&!)!D6$
,#H#)!2=#"&$,#-1D"$*H!1,-$(#D#"#(*&1!"$!%$"#3$
!"&!)!D6$&#(=-$&'*&$*(#$"!&$1"$&'#$-.!2#$!%$&'#$
*,H#(-#$ #H#"&$ ,!=*1"$ *",$ -022!(&-$ #%%1.1#"&$
!"&!)!D6$(#0-#$!"$&'#$.!",1&1!"$&'*&$&'#$%##,#($
!"&!)!D1#-$*(#$<*-#,$!"$&'#$-*=#$2(1".12)#-4$
$
!"#$%$&'()*+,-( .%*--,-( ( !/0,1#(
23$2,3#4,-(
5$#*%(
67!(869:,3-,(7:,"#(
!"#$%$&';(
<=>( ?( <=@(
AB!(8A*-41(B$3+*%(
!"#$%$&';(
<@( C( <@(
D!(8D,%*#4$"(!"#$%$&';( =( EF( <?(
G6!(8G"H$3+*#4$"(
63#4H*1#(!"#$%$&';(
E( C( E(
!AG(8!"#$%$&'(H$3(
A4$+,941*%(
G":,-#4&*#4$"-;(
>( <( ??(
!IJK(8!"#$%$&'(H$3(
I,",3*%(J,941*%(
K14,"1,;(
F( C( F(
L!(8L*114",(!"#$%$&';( ?@( <( EE(
).AG5*M$"(8).AG(
5*M$"$+';(
F( C( F(
!"#$%& NFE( <E( N>N(
!$'%(&)*( ( KO++*3'($H($"#$%$&'(#,3+-(4"(67!(
$3(4+2$3#,9(H3$+(,M4-#4"&($"#$%$&4,-P(
8C1-&1"D$ !"&!)!D1#-$ *(#$ 0-#,$ 1"$ &3!$ ,1%%#(#"&$
3*6-$ 1"$ 789I$ !"#$ 1-$ &!$ 1=2!(&$ &'#$ 3'!)#$
!"&!)!D6$E'#(#$JK9$*",$ L9G+$*",$&'#$!&'#($1-$
&!$ 1=2!(&$ 1",1H1,0*)$ &#(=-$ %(!=$ #C1-&1"D$
!"&!)!D1#-4$ F'#$ 9"&!K!C$ =#&'!,$ 1-$ *$ "#3)6$
,#H#)!2#,$ *22(!*.'$ &!$ =*M#$ 1",1H1,0*)$ &#(=$
1=2!(&1"D$#*-6$*",$-&*",*(,1N#,$OAAP+$*)&'!0D'$
*,,1&1!"*)$--$*(#$(#/01(#,$&!$=*M#$-0(#$&'*&$
&'#$ ,#%1"1&1!"-$ %!($ &'#-#$ &#(=-$ 1"$ &'#$ %##,#(Q
!"&!)!D1#-$.!((#-2!",$&!$&'#$1"&#",#,$(#%#(#"&-$
1"$7894$ $ $
K1D4$R$)1-&-$M#6$&#(=-$1"$7894$J*-#,$!"$&'#$
!"#$%&$' $#$()$ ,#%1"1&1!"+$ 789$ (#/01(#,$ &'#$
&#(=$ *$"+,!-' +()$%#$()+.(+$ 3'1.'$ .0((#"&)6$
1".)0,#-$%!0($-0<.)*--#-I$#!,,+(!)+.($E1=2!(&#,$
%(!=$S9G+$"%/0'!"*+(+&)%!)+.(+$*$"+,!-'"$#+,$' /&!0$+$ *",$(/)%+)+.(!-' 1%."/,)' /&!0$4$ 8*.'$ !%$
&'#-#$ =#,1.*)$ 1"&#(H#"&1!"-$ .*"$ 1",0.#$
.!((#-2!",1"D$ *,H#(-#$ #H#"&-+$ $202+$ #!,,+($'
!"#$%&$'$#$()4$
+,-./(&0*(Q,'(3,23,-,"#*#4$"*%(O"4#-(4"(67!P( $ R*3S(83,9;(/$M,-(1$"#*4"(4+2$3#,9(#,3+-T(
U4&V#(8/%O,;(/$M,-(*3,(67!W-2,14H41(#,3+-P( (
$
T"-&*".#-$ !%$ *,H#(-#$ #H#"&$ .*"$ '*H#$
!0&.!=#-$!%$,1%%#(#"&$&62#-+$%!($1"-&*".#$*$-1D"$
E$202+$%#H#(+$(*-'G$*-$,#%1"#,$1"$&'#$9"&!)!D6$!%$
U#"#(*)$ V#,1.*)$ W.1#".#$ E9UVWG$ !($ *"!&'#($
2(!.#--$ E$202+$ <*.&#(1*)$ 1"%#.&1!"G4$ 789$ 0-#-$
-1D"Q$ *",$ -6=2&!=Q(#)*&#,$ &#(=-$ E$202+$ %#H#($
D#"#(*&1!"G$%(!=$!&'#($#C1-&1"D$!"&!)!D1#-$-0.'$
*-$&'#$U#"#$9"&!)!D6$EU9G4$ $ $
!)2"34501/'"6$7080(048"47"
" ¶+9:$;%$",:$8(·"08"+,-" "
F'#$ &#(=$¶*,H#(-#$ #H#"&·$ =*6$ =#*"$ ,1%%#(#"&$
&'1"D-$ 1"$ ,1%%#(#"&$ -#&&1"D-$ O?P4$ T"$ 789+$ &'#$
&#(=$ ¶*,H#(-#$ #H#"&·$ 1-$ (#-#(H#,$ %!($ &'!-#$
2*&'!)!D1.*)$ <!,1)6$ 2(!.#--#-$ &'*&$ *(#$ 1",0.#,$
<6$*$=#,1.*)$1"&#(H#"&1!"4$7-$,#%1"#,$1"$9UVW+$
*$2*&'!)!D1.*)$<!,1)6$2(!.#--$E9UVWXYYYYY?YG$
1-$ *$ <!,1)6$ 2(!.#--$ &'*&$ 1-$ .)1"1.*))6$ *<"!(=*)4$
F'1-$,#%1"1&1!"$%1&-$3#))$31&'$*,H#(-#$#H#"&$*",$
&'0-$ 1-$ .'!-#"$ *-$ &'#$ 2*(#"&$ &#(=$ !%$!"#$%&$'
$#$()$1"$7894$ $ $
F'#$ 3!(,$¶1",0.#,·$ 1"$ &'#$ 789$¶*,H#(-#$
#H#"&·$ ,#%1"1&1!"$ 1",1.*&#-$ &'#$ #C1-&#".#$ !%$ *$
.*0-*)$ .'*1"4$ 7$ =#,1.*)$ 1"&#(H#"&1!"$ 1-$ *$
2(!.#--$ 1"$ 3'1.'$ -#H#(*)$ 1",#2#",#"&$
.!"&1"0*"&-$ E$202+$ *"*&!=1.*)$ 2*(&-$ !%$ '0=*"$
<!,6G$ 2*(&1.12*&#$ 1"$ *$ H*(1#&6$ !%$ 3*6-$ *",$ !%$
3'1.'$!&'#($2(!.#--#-$*(#$2*(&-$1"$3'1.'$&'#-#$
23$1,--O*% X ,"#4#'((8AB!;
+,941*%(
4"#,3:,"#4$"
*9:,3-,(
,:,"#
93O&(*9:,3-,(
,:,"#
:*114",(
*9:,3-,(,:,"#
"O#34#4$"*%(
23$9O1#(
*9:,3-,(,:,"#
+,941*%(9,:41,(
*9:,3-,(,:,"#
L*114"*#4$"(
8L!;
93O&(
*9+4"4-#3*#4$"
2*#V$%$&41*%(
/$94%'(23$1,--(
8!IJK;
-,:,3,(*9:,3-,(
,:,"#
K'+2#$+(
8!IJK;
"O#34#4$"*%(
23$9O1#(O-*&, +,941*%(9,:41,(
O-*&,
*9:,3-,(,:,"#(
V'2$#V,-4- V'2$#V,-4-(
8G6!;
!"# !$%&"# '()&*&()&($# +!($'(,-($.# *-"$'+'*-$&/#
0!1&#'()&*&()&($#+!($'(,-($.#&2'.$&)#-3"&-)4#
5&6!"&# $%&# '($&"7&($'!(# .$-"$&)# 8!"#"$# +&33.# -()#
1!3&+,3&.# !6# $%&# *-$'&($9:# !$%&".# -"&# +"&-$&)#
8!"#"$# 1!3&+,3-"# +!1*3&2&.# 6!"1&)# 54# 5!)'34#
1!3&+,3&.#-()#)",;.9#!"#1!)'6'&)#8!"#"$#!*&('(;#
-()# +3!.'(;# !6# 1&15"-(&# +%-((&3.:# 6!3)'(;# !6#
*"!$&'(.9#$%"!,;%#*"!+&..&.#$%-$#-"&#*-"$#!6#$%&#
'($&"7&($'!(#!"#5!)'34#*"!+&..&.#$%-$#+!1&#'($!#
&2'.$&(+&# '(# "&.*!(.&# $!# $%&# +"&-$'!(# !"#
1!)'6'+-$'!(# !6# $%&.&# +!($'(,-($./# <6$&"# $%&#
'($&"7&($'!(:# $%&"&# -"&# .$'33# 5!)'34# *"!+&..&.#
;!'(;# !(# '(# =%'+%# -$# 3&-.$# !(&# !6# $%&#
'()&*&()&($# +!($'(,-($.# >,.$# 1&($'!(&)#
*-"$'+'*-$&.# -()# 6,"$%&"# '()&*&()&($#
+!($'(,-($.# -"&# +"&-$&)/# ?%&# $&"1# ¶'(),+&)·#
1&-(.# $%-$# $%&"&# '.# -$# 3&-.$# !(&# +%-'(# !6#
*"!+&..&.#$%-$#.$-"$.#='$%#.!1&#*"!+&..#$%-$#'.#
*-"$# !6# $%&# '($&"7&($'!(# -()# &().# ='$%# -#
*-$%!3!;'+-3# 5!)'34# *"!+&..:# $%&# +%-'(# 5&'(;#
6,"$%&"# .,+%# $%-$# 6!"# &-+%# *"!+&..# ='$%'(# '$#
8&2+&*$# $%&# 6'".$# !(&9# $%&"&# '.# -$# 3&-.$# !(&#
'()&*&()&($# +!($'(,-($# $%-$# *-"$'+'*-$&)# !"#
=-.# +"&-$&)# '(# $%&# *"!+&..# '11&)'-$&34#
*"&+&)'(;#'$/#@!$&#$%-$#=&#-"&#(!$#.-4'(;#$%-$#
$%&"&#'.#!(&#.,+%#'()&*&()&($#+!($'(,-($#$%-$#
*-"$'+'*-$&.# '(# $%&# &($'"&# +%-'(:# 5,$# "-$%&"#
.!1&$%'(;#3'A&#$%'.B#
#
CDB#ED:#EF:#EG#
CFB#EF:#EH:#EI#
CGB#EI:#EJ:#«#
# #
K&"&# $&1*!"-3# *"&+&)&(+&# '.# (!$# &(!,;%#
5&+-,.&# $%-$# =!,3)# -33!=# 6!"# +%-'(.# !6#
*"!+&..&.#'(#=%'+%#$%&"&#'.#-#*-'"#$%-$#)!&.#(!$#
¶.%-"&·#-$#3&-.$#!(&#+!($'(,-($/#
<(#-3$&"(-$'7&#)&6'('$'!(#6!"#¶-)7&".&#&7&($·#
=!,3)# 5&# $!# -..';(# '$# -.# -# +%'3)# $&"1# !6#
%#&'(')#*:# =%'+%# %-.# $%&# $&2$,-3# )&6'('$'!(# !6#
´<#L,-3'$4#!6#-#*-$'&($:#-#1-$&"'-3#&($'$4#$%-$#'.#
*-"$#!6#-#*-$'&($:#!"#-#*"!+&..,-3#&($'$4#$%-$#-#
*-$'&($# *-"$'+'*-$&.# '(:# -(4# !(&# !6# =%'+%# '.#
!5.&"7&)# '(# -# *%4.'+-3# &2-1'(-$'!(# -()# '.#
)&&1&)# 54# $%&# +3'('+'-(# $!# 5&# !6# +3'('+-3#
.';('6'+-(+&/µ# <3$%!,;%# $%'.# -**&-".# $!# +!7&"#
)'66&"&($# -)7&".&# &7&($.:# $%'.# %#&'(')#*#
)&6'('$'!(#'.#$!!#5"!-)#.'(+&#-33#-)7&".&#&7&($.#
-"&# *"!+&..&./# <$# $%&# .-1&# $'1&:# '$# '.# $!!#
(-""!=# 5&+-,.&# $%&"&# -"&# -)7&".&# &7&($.# $%-$#
-"&# (!$# !5.&"7&)/# ?%&# )&6'('$'!(# !6# .';(# '(#
MNK0#+3&-"34#.$-$&.#´'.#!5.&"7&)#'(#-#*%4.'+-3#
&2-1'(-$'!(µ:#'(.$&-)#!6#´E<@#OP#!5.&"7&)µ/#
!" " #$%&'%%$()"
0&7&"-3# -)7&".&# &7&($# "&*"&.&($-$'!(# .4.$&1.#
%-7&# 5&&(# *"!*!.&)# $%,.# 6-"# =%'3&# !$%&".# -"&#
,()&"# )&7&3!*1&($/# Q!"# &2-1*3&:# $%&# PRS 6,()&)# *"!>&+$# ¶C-$'&($# 0-6&$4# $%"!,;%#
T($&33';&($# C"!+&),"&.# '(# 1&)'+-$'!(·# 8C0TC9#
-'1.#$!#)&7&3!*#'((!7-$'7&#$!!3.#6!"#;&(&"-$'(;#
-()# *"!7')'(;# "&3&7-($# A(!=3&);&# $!#
%&-3$%+-"&#*"!6&..'!(-3.# -()#*-$'&($.#6!"#<UP#
*"&7&($'!(/#<(!$%&"#"&3&7-($#*"!>&+$#6,()&)#54#
PR# '.# $%&# P,"!*&-(# C,53'+# V-"('(;# 04.$&1#
8PRS<WPX?9/#?%&#Q"&(+%#Y';'?&"1&.#*"!>&+$#'.#
-(# -**3'+-$'!(# $%-$# -,$!1-$&.# *!$&($'-3#
-)7&".&# &7&($# )&$&+$'!(# 54# ')&($'64'(;#
.$-$'.$'+-3# -()# .&1-($'+# 3'(A.# 5&$=&&(# )",;.:#
$"&-$1&($.# -()# '(),+&)# *-$%!3!;'&.# !"#
.41*$!1./# ?%&# PR# 6,()&)# X&KT@P# *"!>&+$#
,.&.# -(# -)7&".&# &7&($# !($!3!;4# $!# 1-(-;&#
*-$'&($# .-6&$4# "'.A.# '(# %!.*'$-3# .&$$'(;.# ZDF[/#
?%&.&# *"!>&+$.# 6!+,.# !(# ,.'(;# !($!3!;'&.# '(#
!")&"#$!#6-+'3'$-$&#')&($'6'+-$'!(#!6#)",;#"&3-$&)#
-)7&".&# &7&($.:# +!15'('(;# !($!3!;'&.# ='$%#
'(6!"1-$'!(# &2$"-+$'!(# -()# -3.!# -**34'(;#
!($!3!;'&.#$!#%!.*'$-3#)-$-/# #
\!=&7&":# -.# .%!=(# '(# ZJ[:# $%&"&# '.# -# =')&#
7-"'-$'!(# '(# !*'('!(.# -5!,$# =%-$# =!,3)# +!,($#
-.# -)7&".&# &7&($# -()# 1-(4# )&6'('$'!(.# 6-33#
.%!"$# '(# 7-"'!,.# -.*&+$./# P)=-").# &$# -3# 6!"#
'(.$-(+&#)&6'(&#-(#-)7&".&#)",;#"&-+$'!(#-.#¶<(#
-**"&+'-534# %-"16,3# !"# ,(*3&-.-($# "&-+$'!(:#
"&.,3$'(;# 6"!1# -(# '($&"7&($'!(# "&3-$&)# $!# $%&#
,.&# !6# -# 1&)'+'(-3# *"!),+$:# =%'+%# *"&)'+$.#
%-]-")# 6"!1# 6,$,"&# -)1'('.$"-$'!(# -()#
=-""-($.# *"&7&($'!(# !"# .*&+'6'+# $"&-$1&($:# !"#
-3$&"-$'!(#!6#$%&#)!.-;&#"&;'1&(:#!"#='$%)"-=-3#
!6# $%&# *"!),+$·# ZG:# DG[/# ?%&# *"!53&1# ='$%# $%'.#
)&6'('$'!(#'.#$%-$#'$#'.#(!$#.*&+'6'&):#6!"#'(.$-(+&:#
6!"# =%!1# $%&# "&-+$'!(# '.# ,(*3&-.-($#
8-**"&+'-$'!(# +-(# 5&# )'66&"&($# 6!"# $%&# *-$'&($:#
%'.# +-"&;'7&".# -()# %'.# "&3-$'7&.9# -()# $%-$# '$#
'.# *"!(&# $!:# .!# =&# -..,1&:# ,(=-($&)#
'($&"*"&$-$'!(./#T1-;'(&#-#*-$'&($#$%-$#$!!A#-(#
!"-3# !7&")!.&# !6# .!1&# 1&)'+'(-3# *"!),+$# -()#
$%&"&6!"&# '.# .,5>&+$&)# $!# ;-.$"'+# .,+$'!(# $!#
"&1!7&# =%-$# '.# 3&6$# '(# $%&# .$!1-+%/# U,&# $!#
&""!(&!,.# 1-('*,3-$'!(# !6# $%&# .,+$'!(# )&7'+&:#
$%&#*-$'&($#)&7&3!*.#-#;-.$"'+#53&&)'(;/#E3&-"34:#
$%'.# '($&"7&($'!(# '.# "&3-$&)# $!# $%&# ,.&# !6# -#
1&)'+'(-3# *"!),+$:# 5,$# '$# =!,3)# 5&# ="!(;# $!#
.$-$&:# -3$%!,;%# '(# 3'(&# ='$%# P)=-").·#
)&6'('$'!(:# $%-$# $%'.# ;-.$"'+# 53&&)'(;# '.# -(#
-)7&".&#)",;#"&-+$'!(/# #
!"#$%&'()*($+'(,-*$'()*.*$
$ %&'()*($+'(,-$/012-3(*(*$ $
!"#·$% &'()*&'+',-% ./% 0% 10)$02% &'20-*.,%
3'-4'',% 0,% 056'&$'% '6',-% 0,5% 0% +'5*102%
*,-'&6',-*.,% *$% 0,% *+7.&-0,-% 0,5% ,.6'2% 7.*,-%
48*18% &'+.6'$% 0% 2.-% ./% 0+3*9)*-:;% <8'% 10)$02%
&'()*&'+',-% *$% *,5''5% -8'% +0=.&% 0$7'1-% *,%
48*18% !"#% 5*//'&$% /&.+% -80-% ./% -8'% 1.,1'7-% ./%
056'&$'%'6',-%0$%)$'5%*,%'>*$-*,9%056'&$'%'6',-%
&'7.&-*,9%$:$-'+$%$)18%0$%-8'%?011*,'%!56'&$'%
"6',-%@'7.&-*,9%A:$-'+%B?!"@AC%0,5%-8'%,'4%
!56'&$'% "6',-% #,-.2.9:% @'7.&-*,9% #,-.2.9:%
B!"@#C;% <8'% 20--'&% $:$-'+$% 5.% ,.-% &'()*&'% 0%
10)$02% &'20-*.,% -.% 3'% '$-032*$8'5% 3'-4'',% 0%
&'7.&-'5%$*5'%'//'1-%0,5%0%+'5*102%*,-'&6',-*.,;%
A*,1'% 480-% *$% &'7.&-'5% 0$%¶056'&$'% '6',-·% *,%
-8'$'% $:$-'+$% +0:% ,.-% 3'% -&)2:% *,5)1'5% 3:% 0%
+'5*102% *,-'&6',-*.,% -8'$'% 056'&$'% '6',-%
&'7.&-*,9%$:$-'+$% 1.,-0*,%&0-8'&%&'/'&',1'$%-.%
70-8.2.9*102% 7&.1'$$'$% -80-% 8077','5% *,% 0%
$7'1*/*1%-*+'/&0+'%0/-'&%0%+'5*102%*,-'&6',-*.,D%
$.+'%./%48*18%+*98-%3'%*,5''5%056'&$'%'6',-$%
*,%-8'%!"#%$',$';% %
<8'% 50-0% $-.&'5% *,% $)18% 0,% 056'&$'% '6',-%
&'7.&-*,9% $:$-'+% *$% -:7*1022:% )$'5% -.% 9','&0-'%
8:7.-8'$'$%03.)-%48'-8'&%480-%*$%&'7.&-'5%0$%
056'&$'% '6',-$% 0,5% +'5*102% *,-'&6',-*.,$% 0&'%
10)$022:%2*,E'5;%A)18%0%8:7.-8'$*$D%&'7&'$',-'5%
3:% -8'% -'&+%!"#$%&$' $#$()' *+,-)*$&.&% *,% !"#D%
3'1.+'$% 1&*-*102% 48',% 0% 5&0+0-*1022:% 20&9'%
0+.),-% ./% 10$'$% 0&'% &'7.&-'5% /.22.4*,9% -8'%
$0+'% +'5*102% *,-'&6',-*.,;% <8'&'/.&'D% 056'&$'%
'6',-%&'7.&-*,9%*$%,.-%0,%',5;%<.%/*,5%7.-',-*02%
$0/'-:%7&.32'+$%*$%0,%)2-*+0-'%9.02%./%&'7.&-*,9%
056'&$'% '6',-$;% <8*$% *$% .,'% &'0$.,% 48:% !"#%
0*+$% -.% &'7&'$',-% ,.-% .,2:% -8'% 056'&$'% '6',-%
8:7.-8'$*$D%3)-%02$.%-8'%/*,02%10)$02%0$$.1*0-*.,;% % % % F*,022:D% ,.-'% -80-% 48',% 0% 12*,*1*0,% .&% 0%
70-*',-% &'7.&-$% 0,% '6',-% 0/-'&% $.+'% +'5*102%
*,-'&6',-*.,% /.&% 48*18% *-% *$% .,2:% 20-'&% 7&.6',%
-.%806'%10)$'5%-8'%'6',-D%-8*$%'6',-%5.'$%,.-%
¶3'1.+'·% 0,% !"#% 056'&$'% '6',-G% *-% 40$% 0,%
*,$-0,1'% -8'&'./% /&.+% -8'% 6'&:% 3'9*,,*,9D%
02-8.)98%),E,.4,%0$%$)18%),-*2%-8'%7&../%40$%
5'2*6'&'5;% %
H-% *$% 7.$$*32'% -.% &'1.,1*2'% !"#% 0,5% !"@#%
*,%0%/)-)&'%-*+';%I8*2'%-8'%'6',-$%*,12)5'5%*,%
!"@#% /.&% 0% $7'1*/*1% +'5*102% *,-'&6',-*.,% +0:%
3'% 20&9'&% *,% ,)+3'&% -80,% -8'% -&)'% 056'&$'%
'6',-$% 10)$'5% 3:% -8*$% *,-'&6',-*.,D% !"#% 80$%
+.&'%5'7-8%0,5%-0&9'-$%/.&%&'7&'$',-0-*.,%./%0%
E,.42'59'30$'% ./% 056'&$'% '6',-$% -&)2:% 10)$'5%
3:% +'5*102% *,-'&6',-*.,$;% J.4% -.% /*,5% .)-% -8'%
10)$'K0,5K'//'1-% &'20-*.,% /&.+% -8'% &'7.&-'5%
056'&$'% '6',-$% *,% 056'&$'% '6',-% &'7.&-*,9%
$:$-'+$% *$% ./-',% 0% 18022',9';% @'80,%$)' !/;D% /.&%
*,$-0,1'D%7&.6*5'$%78:$*1*0,$%4*-8%0%9)*5'%8.4%
-.% 0$$'$$% 10)$02% &'20-*.,$% ./% 056'&$'% '6',-$%
*,5)1'5% 3:% 5&)9% 05+*,*$-&0-*.,% LMN;% H-% 4*22%
$)&'2:%3','/*-%-8'%7)32*1%8'02-8%0,5%80$%3'',%0%
1&*-*102% &'$'0&18% -.7*1% '6'&% $*,1'% $)18% 0,%
056'&$'%'6',-%&'7.&-*,9%$:$-'+%*$%*,6',-'5;% % %
!"4$52617)8*2,$98-3$:-3()$%&'()*($
$ +'(,-$;(1)(*(,-7-82,$<0*-(6*$
J'&'% 4'% 70&-*1)20&2:% 1.+70&'% .)&% !"#%
077&.018% 4*-8% -8'% &'7&'$',-0-*.,% +.5'2% /.&%
056'&$'% 5&)9% &'01-*.,$% B!O@$C% 7&.6*5'5% 3:%
P.$()'-%$)'!/;%LQN;% % %
P.$()'-%$)' !/;% 9','&0-'5% 0,% !O@% +.5'2%
-80-% 1.,-0*,$% RS% $'+0,-*1% 10-'9.&*'$D% 0,5% -8'%
10-'9.&*102% $-&)1-)&'% 1.,$*$-$% ./% T% $'+0,-*1%
10-'9.&*'$%4*-8*,%-80-%+.5'2;%A*>-'',%$'+0,-*1%
2*,E$%0&'%5'$1&*3'5%*,%-8'*&%.,-.2.9:;%<8'%$'-%./%
+*,*+02% 1.,$-&0*,-$% 0&'% UG% 0,% !O@% $8.)25%
3'% 120$$*/*'5% 0$% 0% 5*$.&5'&D% 0,% 011*5',-D% 0,%
*,6'$-*90-*.,D% .&% 0% $:,5&.+';% !% $-&)1-)&02%
5*$.&5'&%*$%5'/*,'5%3:%0-%2'0$-%.,'%2.10-*.,%0,5%
.,'% +.&78.2.9:;% !% /),1-*.,02% 5*$.&5'&% *$%
5'/*,'5%3:%0-%2'0$-%.,'%03,.&+02%/),1-*.,;%<8'&'%
0&'%0-%2'0$-%.,'%$'+0,-*1%2*,E%.&0%$/!)$"0)-%0,5%
RQHVHPDQWLFFDWHJRU\´'UXJµ%
<8'%4.&E%3:%P.$()'-%$)'!/;%20&9'2:%5*//'&$%
/&.+% .)&$;% F*&$-D% -8'*&% .,-.2.9:% *$% 30$'5% .,%
10-'9.&*02% 5'$*9,D% 48*2'% !"#% *$% 30$'5% .,%
#P#% /.),5&:% .,-.2.9:% 5'$*9,;% A'1.,5D% -8'*&%
077&.018% 5.'$% ,.-% +.5'2% -*+'% 5'7',5',1:%
3'-4'',%0%5&)9%05+*,*$-&0-*.,%0,5%0,%056'&$'%
'6',-;%<8*&5D%0%10)$02%&'20-*.,%3'-4'',%0%5&)9%
05+*,*$-&0-*.,% 0,5% 0,% 056'&$'% '6',-% *$% ,.-%
12'0&2:% $7'1*/*'5% *,% -8'*&% $:$-'+D% 02-8.)98% *-%
10,% 3'% 0$$)+'5% -.% 3'% -8'% 10$'% ),5'&% $.+'%
*,-'&7&'-0-*.,% ./% ¶&'$)2-*,9% /&.+·% *,% -8'*&%
5'/*,*-*.,;% %
!"=$+>761?(@$
$ A7BB8,(CD,&.B(&$%&'()*($+'(,-*$ $ $ $ $ H,% -8'% VA!D% +.&'% -80,% RW% +*22*.,% 6011*,'$%
7'&% :'0&% 0&'% 05+*,*$-&0-'5% -.% 18*25&',% 2'$$%
-80,% R% :'0&% .25D% )$)022:% 3'-4'',% X% 0,5% Y%
+.,-8$% ./% 09';% !-% -8*$% 09'D% *,/0,-$% 0&'% 0-%
9&'0-'$-% &*$E% /.&% +0,:% +'5*102% 056'&$'%
'6',-$% $)18% 0$% 8*98% /'6'&$D% $'*Z)&'$D% 0,5%
$)55',%*,/0,-%5'0-8%$:,5&.+';%
!
!"#$%&'()!"#$%&'()!#*!+,--'(,.'#(/'($0-%$!*%+%1!,$+%12%!%+%(.!'(!3456!
"#$%! &! '()*#+,-! ./! ,0.1'2,! )3! 4)5! 678!
(,'(,-,/9-!.9!#/-9./:,!2,*,2!.!-',:#3#:!*.::#/,;
#/+<:,+!3,*,(!.+*,(-,!,*,/9%!=/!94#-!,0.1'2,>!
#9!#-!(,'(,-,/9,+!94.9!?)@!5.-!*.::#/.9,+!5#94!
./!632<(#.!32<!*.::#/.9#)/!.9!9#1,!9A>!./+!94,/!
4.+! .! 3,*,(! .9! 9#1,! 9B>! 9A! ./+! 9B! @,#/$!
#/-9./:,-!)3!9,1')(.2!#/-9./9%!C4.9!?)@!#-!./!
#/-9./:,!)3!4<1./!@,#/$!.9!,.:4!)3!94,-,!9#1,!
#/-9./9-!./+!94.9!4,!'.(9#:#'.9,-!.9!94,-,!9#1,!
#/-9./9-! #/! 94,! (,-',:9#*,! '():,--,-! #-!
(,'(,-,/9,+!.-!5,22!D94,!2#992,!9(#./$2,-!#/!"#$%!
&!#/+#:.9,!94.9!94,!'.(9#:#'.9#)/!./+!#/-9./:,!
(,2.9#)/-! #/*)2*#/$! :)/9#/<./9-! .(,! 94(,,;
'2.:,! (,2.9#)/-E%! ! F#/:,! #9! #-! /)9#3#,+! #/! 94,!
*.::#/,!#/-9(<:9#)/!94.9!3,*,(!$,/,(.9#)/!#-!./!
,0',:9,+! .+*,(-,! ,*,/9! ./+! ?)@! 5.-! #/! $))+!
4,.294! @,3)(,! 94,! *.::#/.9#)/>! ?)@·-! 3,*,(!
$,/,(.9#)/! #-! :)/-#+,(,+! .-! ./! .+*,(-,! ,*,/9!
#/+<:,+! @G! 94,! *.::#/.9#)/! '():,--%! C4,! 9,(1!
!"#"$% &"'"$()*+'! #-! #1')(9,+! 3()1! 94,! H,/,!
8/9)2)$G!DH8E%!
C4,! ?(#$49)/! I)22.@)(.9#)/! #-! .! $2)@.2!
(,-,.(:4! /,95)(J! 94.9! -,9! *.::#/,! -.3,9G!
(,-,.(:4! -9./+.(+-! ./+! +),-! /)9! ,#94,(!
.--<1,!.!:.<-,;./+;,33,:9!(,2.9#)/%!6::)(+#/$!
9)!94,!?(#$49)/!I)22.@)(.9#)/>!3,*,(!#-!+,3#/,+!
.-!./!,2,*.9#)/!)3!@)+G!9,1',(.9<(,!.@)*,!94,!
/)(1.2! KALM%! F#1#2.(! 9)! )94,(! ?(#$49)/!
I)22.@)(.9#)/! +,3#/#9#)/->! 94,! 3,*,(! +,3#/#9#)/!
#9-,23! +,3#/,-! .! :2#/#:.2! ,/9#9G! 5#94)<9!
#/3,(,/:,! )3! .! :.<-.2! (,2.9#)/! 9)! .! $#*,/!
,0')-<(,%! C4,(,3)(,>! 94,! 9#1,! #/9,(*.2! 3()1!
#11</#N.9#)/! </9#2! )/-,9!)3! 94,! ,*,/9! :.//)9!
@,! '.(9! )3! 94,! +,3#/#9#)/! #9-,23! KALM%! O)5,*,(>!
-#/:,! 678! .--<1,-! -<:4! .! :.<-,;./+;,33,:9!
(,2.9#)/>! 94#-! 9#1,! #/9,(*.2! #-! ./! #1')(9./9!
-9<+G! 9)'#:! #/! 94,! 678! (,'(,-,/9.9#)/! )3! ./!
#/32<,/N.! *.::#/.9#)/! ./+! .! 3,*,(! *.::#/,!
.+*,(-,!,*,/9%!C4,(,3)(,>!5,!.($<,!94.9!678!
./+! 94)-,! +)1.#/;-',:#3#:! .+*,(-,! ,*,/9!
)/9)2)$#,-! .2#$/,+! 5#94! 678! (,'(,-,/9! .!
J/)52,+$,@.-,! )3! .+*,(-,! ,*,/9-! :.<-,+! @G!
1,+#:.2! #/9,(*,/9#)/->! 54,(,! 94,! +.9.! -9)(,+!
#/! (,$<2.(! .+*,(-,! ,*,/9! (,')(9#/$! -G-9,1-!
:)/9.#/! 1./G! (./+)1! D:)#/:#+,/9E! ./+! 3.2-,!
')-#9#*,! ,*,/9-! 94.9! .(,! /)9! #/+<:,+! @G!
1,+#:.2!#/9,(*,/9#)/-%!
!" " #$%&'()*$%" "
6+*,(-,! ,*,/9-! ,/+./$,(! '.9#,/9! -.3,9G! ./+!
(,-<29! #/! :)/-#+,(.@2,! ,09(.! 4,.294:.(,! :)-9-%!
6!:)11</#9G;@.-,+!)/9)2)$#:.2!(,'(,-,/9.9#)/!
)3! .+*,(-,! ,*,/9-! #-! :(<:#.2! 3)(! #1'()*#/$!
.+*,(-,! ,*,/9! (,-,.(:4%! C4,! .+*,/9! )3! 678!
'()*#+,-!./!)'')(9</#9G!3)(!94,!.+*,(-,!,*,/9!
7"38!90:,(!
;%'()
<=8!;#>
;758!?':%!@(2.,(.
.=
ηϭ͗Žď͛Ɛ3**&01',
*&0%!+,--'(,.'#(
.A
3458!"%$'-,&!
@(.%1+%(.'#(
B58!
B,--'(,.'#(
ηϯ͗Žď͛ƐĨĞǀĞƌ )%(%1,.'#(!
C58!7%+%1 C%(%1,.'#(
3458!3$+%12%!
4+%(.
'(2.,(-%
#*
,.
'(2.,(-%
#*
,.
D58!E,2 F,1.'-'F,(.
,.
D58!E,2
F,1.'-'F,(.
,.
*+,'"-.
D58 '(2.,(-%/#*
D58 '(2.,(-%/#*
D58 '(2.,(-%/#*
D58 '(2.,(-%/#*
D58 '(2.,(-%/#*
!"#$%
&'%()'*$%
3458!'($0-%$/>G D58
#--012/,.
D58
#--012/,.
!"#"$!%&'%())*+,-.'-('/(!0'-(1"-&"!'-(/$!2#'
!"$3,#)45$#"2' $26"!#"' "6"+-' ,+7(!)$-,(+'
!"8!"#"+-$-,(+'$+2'2$-$'$+$3.#,#9' '
:(' )(+,-(!' $+2' #-*2.' -&"#"' $26"!#"'
"6"+-#;')$+.'6$%%,+"'$+2'2!*1'$26"!#"'"6"+-'
!"8(!-,+1' #.#-")#' &$6"' 5""+' "#-$53,#&"2' -('
%(33"%-' ,+7(!)$-,(+' $5(*-' $26"!#"' "6"+-#' -&$-' (%%*!' $7-"!' -&"' $2),+,#-!$-,(+' (7' 3,%"+#"2' 6$%%,+"#9' :&"' "<$)83"#' (7' +$-,(+$3' 6$%%,+"'
#$7"-.' #*!6",33$+%"' 8!(1!$)#' ,+%3*2"' -&"'
=>?@A' ,+' -&"' BA>' $+2' -&"' >26"!#"' ?6"+-#' C(33(/,+1' D))*+,E$-,(+' @"8(!-,+1' 8!(1!$)' 5.' -&"' F*53,%' G"$3-&' H$+$2$9' :&"#"' #.#-")#'
%(+-$,+'!"8(!-"2'2$-$'$5(*-'5(-&'%(,+%,2"+-$3'
"6"+-#'$+2'-&(#"'-!*3.'%$*#"2'5.'6$%%,+"#9'D+' (*!' 6,"/;' $+' (+-(3(1,%$3' !"8!"#"+-$-,(+' *#,+1'
>?I' /,33' 8!(6,2"' $' *+,7,"2' $+2' )$%&,+"4
!"$2$53"' !"8!"#"+-$-,(+' (7' 6$!,(*#' $26"!#"'
"6"+-#' $+2' #*88(!-' )(!"' $26$+%"2' $26"!#"'
"6"+-'2$-$'$+$3.#,#9'
J$+.'"77(!-#'$!"'!"K*,!"2'-(',)8!(6"'>?I9' C(!' "<$)83";' 7(!' 5"--"!' $26"!#"' "6"+-' 2$-$'
!"8!"#"+-$-,(+' $+2' 0+(/3"21"5$#"' "#-$53,#&4 )"+-' ,-' ,#' ,)8(!-$+-' -(' 3,+0' >?I' -(' $26"!#"'
"6"+-' -"!),+(3(1,"#' #*%&' $#' J"2L@>' $+2' MGI4>@:;'$3-&(*1&'%$*-,(+',#'&"!"'!"K*,!"2' 5"%$*#"' (7' -&"' 3$%0' (7' 7(!)$3' !,1(!' ,+' -&"#"'
#.#-")#' NOPQ9' D-' /,33' 5"' %&$33"+1,+1' $+2'
!"/$!2,+1' -(' 8!"2,%-' $+2' ,2"+-,7.' /&,%&'
"6"+-#' -&$-' $!"' -")8(!$33.' $##(%,$-"2' /,-&' )"2,%$3',+-"!6"+-,(+#'"<&,5,-'%$*#$3'!"3$-,(+#' /,-&' -&"#"' ,+-"!6"+-,(+#' *#,+1' ,+7(!)$-,%#'
$88!($%&"#' R!"#";' #-$-,#-,%$3' $31(!,-&)#;' $+2' 3,-"!$-*!"' ),+,+1S9' :&"' 2!*1' $26"!#"' "6"+-#'
$!"' (7-"+' $77"%-"2' 5.' -&"' 1"+"-,%' 5$%01!(*+2' R!"#";'ATF#S'(7'-&"'8$-,"+-9':&"',+-!,%$-"'2!*14 8$-,"+-'$+2'2!*142!*1',+-"!$%-,(+#'$!"'%!*%,$3' -('2"-"!),+"'-&"'7,+$3'$26"!#"'"6"+-'(*-%()"#9' A()"' $26"!#"' "6"+-#' &$88"+' 2*"' -(' %!(##4 ,+-"!$%-,(+#'5"-/""+'2!*1'$+2'+(+42!*1#'R!"#";' 1!$8"7!*,-S9' A()"-,)"#;' $+' $26"!#"' "6"+-'
")"!1"#'/&"+'$'2!*1',#'!")(6"29'D-'/(*32'5"' ,2"$3'-(')(2"3'-&"#"',+-"!$%-,(+#',+'>?I'/,-&'
$' 8*!8(#"' -(' *+2"!#-$+2' -&"' 7*+2$)"+-$3'
$26"!#"'"6"+-')"%&$+,#)#9' '
!"#$%&'()*+($,-.
.
L"6"3(8)"+-' (7' >?I' ,#' #*88(!-"2' 5.' TDG' 1!$+-'O@UO>DUVOUWX9'
/(0(1($"(-.
O9' Y(*#K*"-;'H9;'!$%&'";'()*'!)!+$&$,-+%-.%&/$-)&$!0%
1,#+&'% #!+!2&$,-+% ,+% *3&2)&4-5,#,'&+4!% /1,+#% &%
6+-7'!0#!89&1!0% &**2-&43"' D+-' Z' J"2' D+7(!);' XUUP9'23R[4VS\'89'PW]4[O9'
X9' >3"%*;' D9;'!$% &'";':3&2);<=>?% $!2),+-'-#@% 7!9%
1!25,4!1%.-2%02/#%1&.!$@%0&$&%4-0,+#%&+0%2!$2,!5&'"' A-*2' G"$3-&' :"%&+(3' D+7(!);' XUU[9'456RF-' OS\' 89' W^^4[U_9'
]9' Y(*#K*"-;' H9;' !$% &'";' >!)&+$,4% 4&$!#-2,!1% &+0%
2!'&$,-+1% .-2% )-0!'',+#% &05!21!% 02/#% 2!&4$,-+1%
$-7&201% &% 4&$!#-2,&'% 1$2/4$/2!% .-2% *3&2)&8 4-5,#,'&+4!"'>JD>'>++*'A.)8'F!(%;'XUUV\'89'WO4P9' _9' `3",+;' a9I9' $+2' Y9' A),-&;'A-+4!*$% >@1$!)1% &+0%
B+$-'-#,!1?%<!4-))!+0&$,-+1%.-2%C&1,4%=!2),+-'8 -#@"' :!$+#$%-,(+#' (7' -&"' Z$8$+"#"' A(%,"-.' 7(!'
>!-,7,%,$3'D+-"33,1"+%";'XUOU9'57\'89'_]]4__O9' P9' @"&$+;' G9A9;' L9' H&(8!$;' $+2' >9`9' `$00$!;'
:3@1,4,&+·1% #/,0!% $-% *3&2)&4-5,#,'&+4!?%
$!2),+-'-#@% &+0% 4&/1&',$@% &11!11)!+$"' ?*!' Z' D+-"!+'J"2;'XUU^9'58ROS\'89']4V9'
W9' H"*#-"!#;' M9;'!$% &'";';+% !5-'/$,-+&2@% &**2-&43% $-%
$3!% 2!*2!1!+$&$,-+% -.% &05!21!% !5!+$1"' A-*2' G"$3-&' :"%&+(3'D+7(!);'XUU^9'478\'89'P][4_O9'
[9' A),-&;'Y9;'!$%&'";'=3!%BCB%D-/+02@?%4--20,+&$!0%
!5-'/$,-+% -.% -+$-'-#,!1% $-% 1/**-2$% 9,-)!0,4&'%
0&$&%,+$!#2&$,-+"'T$-'Y,(-"%&+(3;'XUU[9'57ROOS\'89' OXPO4P9'
V9' A),-&;' Y9' $+2' M9' H"*#-"!#;'B+$-'-#,4&'% <!&',1)%
&1% &% E!$3-0-'-#@% .-2% A--20,+&$!0% F5-'/$,-+% -.%
>4,!+$,.,4%B+$-'-#,!1"'>883,"2'I+-(3(1.;'XUOU9'7R]4 _S\'89'O]^4OVV9'
^9' Y,--+"!;' :9;' A),-&;' Y9;' G-2)&',H,+#% E!0,4&'%
B+$-'-#,!1% I1,+#% C&1,4% D-2)&'% B+$-'-#@"' :$1*+1#5$+2' 2"!' _^9' Z$&!"#-$1*+1' 2"!' L"*-#%&"+' a"#"33#%&$7-' 7b!' J"2,E,+,#%&"' D+7(!)$-,0;'Y,()"-!,"'*+2'?8,2"),(3(1,";' ' XUU_9' OU9' A),-&;' Y9;' !$% &'";' <!'&$,-+1% ,+% 9,-)!0,4&'%
-+$-'-#,!1"'a"+()"'Y,(3(1.;'XUUP9'9RPS\'89'@_W9' OO9' c,$+1;' d9;'!$% &'";'B+$-D-J?% 7!989&1!0% 1/**-2$% .-2%
-+$-'-#@%2!/1!"'YJH'@"#'T(-"#;'XUOU9':\'89'O[P9' OX9' H"*#-"!#;'M9;'!$%&'";';+%F5-'/$,-+&2@%;**2-&43%$-%
<!&',1)8C&1!0% ;05!21!% F5!+$% <!*2!1!+$&$,-+1"' J"-&(2#'(7'D+7(!)$-,(+',+'J"2,%,+";'XUOO9'78ROS\' 89'WX4[]9'
O]9' ?2/$!2#;' D9@9' $+2' Z9`9' >!(+#(+;';05!21!% 02/#%
2!&4$,-+1?% 0!.,+,$,-+1K% 0,&#+-1,1K% &+0% )&+&#!8 )!+$"'e$+%"-;'XUUU9':79R^X][S\'89'OXPP4^9'
O_9' J,%&$"3' J$!%.;' A9;'!$% &'";'D!5!2% &1% &+% &05!21!%
!5!+$%.-''-7,+#%,))/+,H&$,-+?%4&1!%0!.,+,$,-+%&+0%
#/,0!',+!1% -.% 0&$&% 4-''!4$,-+K% &+&'@1,1K% &+0%
*2!1!+$&$,-+"'=$%%,+";'XUU_9'55RP4WS\'89'PPO4W9' OP9' Y(*#K*"-;' H9;'!$% &'";';**2&,1&'% -.% $3!% E!0L<;%
4-+4!*$/&'% 1$2/4$/2!% .-2% 0!142,9,+#% &+0% #2-/*,+#%
&05!21!% 02/#% 2!&4$,-+1"' L!*1' A$7"-.;' XUUP9'5;ROS\' 89'O^4]_9
'
