3/4223 - WWDXC · PDF file#nn"vkogu"ogpvkqpgf"kp"vjku"&: ......

32
3 / 4223

Transcript of 3/4223 - WWDXC · PDF file#nn"vkogu"ogpvkqpgf"kp"vjku"&: ......

3""/""4223

#NN"VKOGU"OGPVKQPGF" KP"VJKU"&:"/#)#<+0'"CTG"76%" " /" "#NNG"<GKVGP" KP"FKGUGO"&:"/#)#<+0'"UKPF"76%

5VCHH"QH"914.&9+&'"&:"%.7$<24'5+&'06"#0&"%*+'("'&+614 0 0 0 ú"99&:%"*GCFSWCTVGTU."/KEJCGN"$GVJIG."2QUVHCEJ"34"36.

&/834:4"$CF"*QODWTI.")GTOCP[û"FC[VKOG"-6;/8324/4:83."GXGPKPI1YGGMGPF"-6;/8394/5;2;3:÷"-6;/8324/:22;;;'/OCKN<"OCKN"YYFZE0FG"""P"""+PVGTPGV<"JVVR<11YYY0YYFZE0FG

$41#&%#56+0)"0'95"'&+614 0 0 ú"&T0",ÒTIGP"-WDKCM.")QNV\UVTCUUG"3;."&/329:3"$GTNKP.")GTOCP['//CKN<"L0MWDKCM"IOZ0PGV

.1)$11-"'&+614 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ú"#UJQM"-WOCT"$QUG."(NCV"0Q0"$/48.",CN"8C[W"8KJCT."5GEVQT/+++."5CNV.CMG."%CNEWVVC"/"922"2;3."+PFKC"""P"""'/OCKN<"NQIDQQM"YYFZE0FG

35."%140'4"'&+614 0 0 0 0 0 0 0 0 0 0 0 ú"4KEJCTF".GOMG."82"$WVVGTHKGNF"%TGUEGPV."5V0"#NDGTV."#NDGTVC.6:0"499."%CPCFC"""P"""'//CKN<"JGTD0NGOMG"IQX0CD0EC

612"0'95"'&+614"*+PVGTPGV+ 0 0 0 0 0 ú"9QNHICPI"$ÒUEJGN."*QHHGNF."5RTQNNUVTCUUG":9."&/927;9"5VWVVICTV.)GTOCP["""P"""'//CKN<"DWGUEJGNY"YYFZE0FG

64'#574'4"("5'%4'6#4; 0 0 0 0 0 0 ú"-CTKP"$GVJIG."7TUGNGT"5VTCUUG"3:."&/8356:"$CF"*QODWTI.")GTOCP[0'9%1/'4"5'48+%'"1("#)&: 0 0 ú"*QDD[/$GTCVWPI."E1Q"#)&:."2QUVHCEJ"33"29."&/;3223"'TNCPIGP.

)GTOCP["""*RNGCUG"GPENQUG"TGVWTP"RQUVCIG+

'CEJ"QH"VJG"GFKVQTU"OGPVKQPGF"CDQXG" KU"UGNH/TGURQPUKDNG"HQT"VJG"EQPVGPVU"QH"JKU"EQORQUGF"EQNWOP0"(WT/VJGTOQTG."YG"ECPPQV"DG"TGURQPUKDNG"HQT"VJG"EQPVGPVU"QH"CFXGTVKUGOGPVU"RWDNKUJGF"KP"&:"/#)#<+0'0

2NGCUG"FQ"PQV"HQTIGV"VQ"YTKVG"CNN"EQPVTKDWVKQPU"HQT"VJG"FKHHGTGPV"UGEVKQPU"QP"UGRCTCVG"UJGGVU"QH"RCRGT."UQ"VJCVYG"CTG"CDNG"VQ"FKUVTKDWVG"VJGO"VQ"VJG"EQORGVGPV"UGEVKQP"GFKVQTU0

914.&"4#&+1"68"*#0&$11-"4223Prices for orders from WORLDWIDE DX CLUB · Preise bei Bestellung beim WORLDWIDE DX CLUB:

'0#83133/#¼#58189/#¦85183/#86'63178#RU#58#,5&*V1#([WUD#IRU#DLU#PDLO=#'0#4;133/#¼#<153/#¦4<1;3/86'44133#RU#<#,5&*V1

7KHVH#SULFHV#LQFOXGH#SRVWDJH#DQG#SDFNLQJ1#'HOLYHU\#DJDLQVW#DGYDQFH#SD\PHQW#E\#,QWHUQDWLRQDO0RQH\#2UGHU/#FKHTXH#RU#FDVK# LQ#DQ\#FRQYHUWLEOH#FXUUHQF\/#3RVWDO#0RQH\#2UGHU/#81(6&2FRXSRQV# +SOHDVH#DGG#8#(#VXUFKDUJH,/# ,5&*V#RU# WUDQVIHU# WR#RXU#SRVWDO#JLUR#DFFRXQWV#)UDQN0IXUW2*HUPDQ\# 1R1# 5;<3# 430938# RU# $UQKHP21HWKHUODQGV# 1R1# 6;55;731# ,5&*V# FDQ# RQO\# EHDFFHSWHG#IURP#FRXQWULHV/#LQ#ZKLFK#SD\PHQWV#FDQ#QRW#EH#PDGH#E\#DQ\#RWKHU#PHDQV1

'HU#RELJH#3UHLV#HQWKlOW#3RUWR#XQG#9HUSDFNXQJ1#/LHIHUXQJ#JHJHQ#9RUDXV]DKOXQJ#GXUFK#hEHUZHL0VXQJ/#6FKHFN/#3RVWDQZHLVXQJ/#%DUJHOG#RGHU#,5&*V1#3RVWEDQNNRQWHQ=#)UDQNIXUW#DP#0DLQ2%5'1U1#5;<3#430938#>%DQNOHLW]DKO#833#433#93@#XQG#$UQKHP21LHGHUODQGH#1U1#6;55;731#%HL#1DFK0QDKPHOLHIHUXQJ=#'0#9/33#=XVFKODJ1#,5&*V#ZHUGHQ#QXU#DXV#VROFKHQ#/lQGHUQ#DN]HSWLHUW/#LQ#GHQHQHLQH#=DKOXQJ#DXI#HLQHP#DQGHUHQ#:HJ#QLFKW#P|JOLFK#LVW1

/ :DEADLINE (Redaktionsschluß) for

DX MAGAZINE No. 3 is on Febru-

ary 22nd, 2001, and for DX MAGA-

ZINE No. 4 on March 22nd, 2001.

';#0$*$=,1(# LV# WKH#PRQWKO\#SXEOLFDWLRQ#RI#:25/':,'(#';#&/8%/#3RVWIDFK# 45#47/#'0945;5#%DG#+RPEXUJ/#*HUPDQ\13ULFH#IRU#D#VLQJOH#FRS\=#'0#5183/#¼415;#RU#5#,QWHUQDWLRQDO#5HSO\#&RXSRQV#+,5&*V,>#DQQXDO#VXEVFULSWLRQ#UDWH=#'0#63133/#¼48167RU#48#,5&*V1#2WKHU#FXUUHQFLHV#DQG#DLU#PDLO#UDWHV#RQ#UHTXHVW1 &RYHU=#3HWHU#3RKOH#.#-�UJHQ#.DXHU#+.$923,

%QR[TKIJV."4222."D["914.&9+&'"&:"%.7$ 2TKPVGF"KP")GTOCP["D["914.&9+&'"&:"%.7$

3

';#0$*$=,1(#1R1# 4# # # # # # # Â# # # # # # #9RO1#;;;9,# # # # # # # Â# # # # # # #-DQXDU\# 5334

+HOOR#DJDLQ/

:HOFRPH#WR#WKH#ILUVW#LVVXH#RI#RXU#';#0$*$=,1(#LQ#WKLV#QHZ#\HDU1#/HW#PH#WDNH#WKLV#RSSRUWXQLW\#WRZLVK#\RX#D#YHU\#KDSS\/#KHDOWK\#DQG#VXFFHVVIXO#\HDU1#$GGLWLRQDOO\/#OHW#PH#WKDQN#DOO#RI#\RX#ZKR#KDYH#SDLG#WKHLUPHPEHUVKLS2VXEVFULSWLRQ#IHHV#IRU#WKH#\HDU#5334#UHFHQWO\#DQG#HVSHFLDOO\#WKRVH#ZKR#KDYH#DGGHG#D#GRQDWLRQIRU#WKH#FOXE#WR#WKHLU#SD\PHQW1#7KH#VDPH#DSSOLHV#WR#DOO#WKRVH#ZKR#KDYH#RUGHUHG#WKHLU#FRS\#RI#:25/'#5$',279#+$1'%22.#5334#IURP#XV1#$QG#QRZ#RYHU#WR#RXU#XVXDO#QHZV#IURP#RXWVLGH#WKH#FOXE=

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¼#9153#RU#�7133#IURP=#($:5&/#F2R#$GROI#6FKZHJHOHU/#%DKQKRIVWU1#89/#'0836:7#(UIWVWDGW/*HUPDQ\#+HXUR0FKHTXHV#RQO\#LQ#'0#RU#¼,1

6FKOLH�OLFK#VFKRQ#HLQH#9RUDQN�QGLJXQJ#GHV#6:/&60';0&$03V#5334=#'DV#5;1#';0&DPS#ILQGHW#LQGLHVHP#-DKU#YRP#61#0#81#$XJXVW#LQ#0HUFKZHLOHU26DDUODQG#VWDWW1#1lKHUH#,QIRUPDWLRQHQ#HUKDOWHQ#6LH#YRQ=6:/&6/#3HWHU#+HOO/#3RVWIDFK#4563/#'0998;8#0HUFKZHLOHU/#7HO12)D[=#39;582;6;3/#?SBKHOO#IUHHQHW1GH!1

$QG#ZLWK#WKLV#EHVW#ZLVKHV#DQG#JRRG#';#XQWLO#QH[W#PRQWK#IURP

***********************************************************************

1(:6# $%287# %52$'&$67,1*# +.RWKHU,# 67$7,216Dr. Juergen Kubiak · Goltzstr. 19 · D-10781 Berlin · GERMANY***********************************************************************

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

4

3<33######:698######5XVVLDQ4333######<948######0DQGDULQ4433######:698######5XVVLDQ4533######<948######0DQGDULQ4633######<948######(QJOLVK4733######<948######0DQGDULQ4833######<948######0DQGDULQ4933######<948######0DQGDULQ4:33######:688######5XVVLDQ

$50(1,$=#1HZ#%33#VFKHGXOH#RI#9RLFH#RI#$UPHQLD1363303733###GDLO\####$UPHQLDQ####<<98373303763###GDLO\####6SDQLVK#####<<983;3303;63###6XQ######$UPHQLDQ####7;43#485:33;6303;83###6XQ######)UHQFK######7;43#485:33;8303<43###6XQ######*HUPDQ######7;43#485:33<4303<63###6XQ######(QJOLVK#####7;43#485:34:3304:78###GDLO\####$UPHQLDQ####7;43##<<984:7804;48###GDLO\####$UDELF######7;434<6305333###0RQ06DW##$UPHQ1######7;43##<<98533305353###0RQ06DW##)UHQFK######7;43##<<98535305373###0RQ06DW##*HUPDQ######7;43##<<98537305433###0RQ06DW##(QJOLVK#####7;43##<<98+,YR#,YDQRY#)#$QJXHO#'DW]LQRY#LQ#2%6(59(5#&<<#YLD#:%>#'HFHPEHU#44/#5333,

%(/$586=#6FKHGXOH#%33#RI#%HODUXVLDQ#5DGLR/#YDOLG#XQWLO#36257234=353303563###8<:3/#:543###%HODUXV1356303633###8<:3/#:543###%HODUXV1###+0RQGD\#0#6DWXUGD\,356303633###8<:3/#:543###5XVVLDQ####+6XQGD\,363303663###8<:3/#:543###(QJOLVK####+0RQ/#:HG/#)UL/#6DW#DQG#6XQ,363303663###8<:3/#:543###%HODUXV1###+7XHVGD\,363303663###8<:3/#:543###*HUPDQ#####+7KXUVGD\,366303733###8<:3/#:543###5XVVLDQ####+0RQGD\,366303733###8<:3/#:543###%HODUXV1###+7XHVGD\#0#6DWXUGD\,366303733###8<:3/#:543###*HUPDQ#####+6XQGD\,533305363###:438/#:543###%HODUXV1536305433###:438/#:543###%HODUXV1###+0RQGD\,536305433###:438/#:543###(QJOLVK####+7XHVGD\#DQG#7KXUVGD\,536305433###:438/#:543###*HUPDQ#####+:HGQHVGD\/#6DWXUGD\#DQG#6XQGD\,536305433###:438/#:543###5XVVLDQ####+)ULGD\,543305463###:438/#:543###5XVVLDQ####+0RQ/#7XH/#:HG/#7KX#DQG#6DW,543305463###:438/#:543###%HODUXV1###+)ULGD\#DQG#6XQGD\,546305533###:438/#:543###%HODUXV1###+0RQGD\,546305533###:438/#:543###(QJOLVK####+7XHVGD\#DQG#7KXUVGD\,546305533###:438/#:543###*HUPDQ#####+:HGQHVGD\/#6DWXUGD\#DQG#6XQGD\,546305533###:438/#:543###5XVVLDQ####+)ULGD\, +5,#4;4233>#'HFHPEHU#49/#5333,

&$1$'$=#7HFKQLFDO#VFKHGXOH#%33#RI#5DGLR#&DQDGD#,QWHUQDWLRQDO#0#5&,#ILQDO#YHUVLRQ1(IIHFWLYH#39145133#+3<33#87&,#WR#58136134#+3<33#87&,1####87&###########N+]#####N:##$]LP###7$5*(7###############352*5$0633=33033=8<######9373####433##545####&$5$,%(6#############5&,+)5$1&$,6,################44;98####583##4:9#######%####################%################46973####583##573#######%####################%34=33034=8<######<893####583##4;<####&$5286$2/$71$0(51####63$1,6+#+681)021,#######<:88####433##573#########%##################%################44;98####583##4;<#########%##################%34=63034=8<######<893####583##4;<####&$5286$2/$71$0(51####63$1,6+#+78(06$7,#######<:88####433##573#########%##################%################44;98####583##4;<#########%##################%35=33035=8<######9373####433##545####&$5286$2/$71$0(51####5&,+(1*/,6+,#################<:88####433##573#########%##################%########

5

################44:58####583##4:9#########%##################%########################44<<3####583##5;8#########%##################%#############;,#48593)###453##58;#######,1',$################%#############;,#4:;93)###453##58;#########%##################%36=63036=8<##:(##9358####833##453####0,''/(#($67##########$5$%,&#############:(##<948####833##453#########%##################%38=33038=8<##9,##<:93####633##483####&(175)($67#$)5,&$####5&,+(1*/,6+,#############0(#44;83####433####8#########%##################%#############6.#44<38####633##443####0,''/(#($67#############%39=33039=5<##9,##9378####433##5;3####(8523(###############5&,+(1*/,6+,#############6.##9483####633##443#######%####################%#############6.##<:;3####633##4;3#######%####################%39=63039=8<##9,##9378####433##5;3####(8523(###############5&,+)5$1&$,6,#############6.##9483####633##443#######%####################%#############6.##<:;3####633##4;3#######%####################%3:=3303:=8<##:(#44:43####833##4<8####125')28(67#$)5,48(###5&,+)5$1&$,6,#############:3#44<43####633##4:3#########%##################%#############:(#484:3####833##4;3#########%##################%#############:2#48678####583##447####02<(1025,(17############%45=33045=8<##<$##9483####433##5:3####$6,$#################&%&+(1*/,6+,#############<$#44:63####633##568######%#####################%45=33045=8<#####44;88####583##545####&$5$,%(6286$#########5&+)5$1&$,6,################48758####583##55:#######%####################%46=33046=5<##<$##9483####433##5:3####&+,1$################&+,1(6(#############.,##<;43####583##5:3######%#####################%#############<$#44<88####633##5:3######%#####################%46=33048=8<######<973####583##573####&$5,%%($1286$########&%&+(1*/,6+,################46988####583##573#########%##################%################4::43####433##4;<#########%##################%47=63047=8<##<$##:568####433##5<3####&+,1$################&+,1(6(#############<$##<893####633##5:3######%#####################%#############.,##<9:3####583##5<3######%#####################%49=33049=8<##:2##<888####583###99####5866,$###############5866,$1#############6.#44<68####633###:3######%#####################%#############50#46983####833###:9######%#####################%4:=3304:=8<#####4:;53####583##55:####&$5$,%(6286$#########5&,+)5$1&$,6,################54898####583##55:#######%#####################%4:=3304:=8<##:2##<888####583###:;####8.5$,1(##############8.5$,1,$1#############6.#44<68####633###<3#######%#####################%#############50#46983####833###:9#######%#####################%4;=3304;=8<##9,#44:53####633##483####&(175)($67#$)5,&$####5&,+(1*/,6+,#############0'#46973#####83##633#########%###################%4;=3304;=8<##6.##:568####633###:3####5866,$###############5866,$1#############:2#44<48####583###99######%#####################%4<=3304<=8<##6.#46:73####633##483####125')28(67#$)5,48(###5&,+)5$1&$,6,#############0(#48658####833##668#########%####################%4<=3304<=8<##6.##:568####633###<3####8.5$,1(##############8.5$,1,$1#############:2##<;38####583###:;#######%#####################%53=33053=8<##6.##8<<8####633##483####(8523(###############5&,+)5$1&$,6,#############6.##:568####633##4;3#######%#####################%#################<::3####433###93#######%#####################%#############6.##<;38####633##4;3#######%#####################%################44:63####583###93#######%#####################%################46983####583###93#######%#####################%54=33054=5<######44<78###583###:6####1257+):(67#$)5,&$####$5$%,&#################48658###583###<5#########%##################%54=33054=8<###6.##8<<8###633##483####(8523(###############5&,+(1*/,6+,##############6.##:568###633##4;3######%######################%##################<;38###583###93######%######################%#################46983###583###93######%######################%55=33055=8<###<$#44:38###633##573####6287+#($67#$6,$######&%&+(1*/,6+,55=33055=8<###,5##:6;8###433###99####($670&,6#############5866,$1##############.,##<9;3###583##638#######%####################%

6

56=33056=5<###<$##<9;3###633##5<3####&+,1$################&+,1(6(##############<$#44:38###633##573######%#####################%##############61#46:68###433###46######%#####################%56=33056=5<#######8<93###583##573####&$5,%2/$71$0286$#####&%&+(1*/,6+,#+0210)5,,########9373###583##573#########%###################%##################<:88###433##573#########%###################%#################44;98###583##4:9#########%###################%#################46:63###583##4:9#########%###################%56=33033=8<#######8<93###583##573####86$##################&%&+(1*/,6+,#+6$7)681,########<:88###433##573#####%#######################%56=33056=8<#######9373###583##573####/$7,1#$0(5,&$########63$1,6+#+6$7)681,#######44;98###583##4:9#########%##################%#################46:63###583##4:9#########%##################%56=63033=8<#######8<93###583##573####&$5,%%($1286$########&%&+(1*/,6+,#+0210)5,,########<:88###433##573#########%###################%56=63056=8<#######9373###583##573####&$5,%2/$71#$0(51#####63$1,6+#+0210)5,,#######44;98###583##4:9#########%##################%#################46:63###583##4:9#########%##################%5(/$<6=#############################,5=#,5.876.#5(/$</#6,%(5,$)=#HQGLQJ#DW#35=8:##################.,=#.,0-$(#5(/$</#.25($####################################0'=#0$'*$6&$5####################################0(=#0(<(5721/#6287+0$)5,&$5&,=#5DGLR#&DQDGD#,QWHUQDWLRQDO#####50=#5$03,6+$0/#(1*/$1'&%&=#&DQDGLDQ#&RUSRURWLRQ#&RUS1#####6.=#6.(/721#5(/$</#(1*/$1'####################################61=#6,1*$325(#5(/$</#6,1*$325(####################################9,=#9,(11$#5(/$</#$8675,$####################################:(=#:(57$&+7$/#5(/$</#*(50$1<####################################:2=#:22)(5721#5(/$</#(1*/$1'####################################;,=#;,$1#5(/$</#&+,1$####################################<$=#<$0$7$#5(/$</#-$3$1+5&,#(1*,1((5,1*#ZHESDJH#ODVW#PRGLILHG#9#'HF#5333#YLD#-.%,

%33# ILQDO# VFKHGXOH# IRU# IRUHLJQ# UHOD\V# 6DFNYLOOH# WUDQVPLWWHU# VLWH/# YDOLG# IURP5<143133#+3<33#87&,#WR#58136134#+3<33#87&,=25*$1,=######87&#######N+]#####N:####%HDP#3URJUDP#7DUJHW%%&######438<04533#####8<98####583####573####:161####86$%%&######45330468<#####8<98####583####573####:161####86$#######################<848####583####59;####:161####86$%%&####468<0488<=63####<848####583####59;####:161####86$######################48553####583####5;8####:161####86$%%&###488<=6304947=63##<848####583####59;####:161####86$%%&###4947=640498<=63##<848####583####59;####:161####86$########+6DW#RQO\,%%&####4:3304;8<=63###4:;73####583####5;8####:161####86$%%&####4;8<=6304<8<###4:;73####583####5;8####:161####86$########+6DW#RQO\,%%&####548<0568<=63####94:8####433####59;####:161####86$#######################<8<3####583####59;####:161####86$%%&###568<=630378<=63##94:8####433####59;####:161####86$57(####4;5<04;8<=63###46973####583####5::####:161####86$929######34330358<#####<858####583####5::###0#0#0#0##86$929######36330368<#####<:<8####583####573###0#0#0#0##86$929######37330378<#####<:<8####583####5::###0#0#0#0##86$&5,######36330368<#####<893####583####4;<###0#0#0#0##/$0&5,######378<0388<#####<893####583####5::###0#0#0#0##86$':#######343303478#####<:98####583####59;###0#0#0#0##86$':#######343303478#####9373####583####55:###0#0#0#0##86$':#######363303678#####<868####583####59;###0#0#0#0##86$

':#######37330388<#####9433####583####5::###0#0#0#0##86$':#######47330488<####485;8####583####586###0#0#0#0##86$':#######49330498<####485;8####583####5:5###0#0#0#0##86$.%6######3<8<0438<####44:48####583####4:9###0#0#0#0##/$0.%6######438<0448<#####<983####583####573###0#0#0#0##86$1+.######33330338<#####9478####583####573###0#0#0#0##86$1+.######35330368<#####8<93####583####573###0#0#0#0##86$1+.######378<0388<#####9443####583####586###0#0#0#0##86$1+.######438;0448<#####9453####583####573###0#0#0#0##86$1+.######458;0478<####44:38####583####573###0#0#0#0##86$1+.######55330558<#####9443####583####573###0#0#0#0##86$51:######345<03558#####9353####583####573####:161####86$52,######49330498<####4:;98####583####5:5###0#0#0#0##86$2UJDQL]DWLRQV=%%&# #%5,7,6+#%52$'1#&2531&5,# #&+,1$#5$',2#,171':## #'(876&+(#:(//(/#*(50$1<.%6# #.25($1#%52$'1#6<67(01+.# #5$',2#-$3$151:# #5$',2#1('(5/$1'/#+2//$1'52,# #5$',2#$8675,$57(# #,5(/$1'929# #9RLFH#2I#9LHWQDP

+5&,#%LOO#:HVWHQKDYHU#YLD#:%/#2FW#57,

&267$#5,&$=# 5DGLR# )RU# 3HDFH# ,QWHUQDWLRQDO# 0# 5)3,# IUHTXHQF\# VFKHGXOH# HIIHFWLYH'HFHPEHU# 5333# 0# )HEUXDU\# 53341# 5)3,# LV# D# VKRUW0ZDYH# UDGLR# VWDWLRQ# ORFDWHG# RQ# WKHFDPSXV# RI# WKH# 8QLYHUVLW\# IRU# 3HDFH# LQ# &RVWD# 5LFD/# &HQWUDO# $PHULFD1# 3RVWDO# DGGUHVVLV#3121#%R[#;;/#6DQWD#$QD/#&RVWD#5LFD1353303933###:7;3######2XWSXW=#63#.:553303633##48383##############43#.:453303333##54;48+86%,##########5#.:+5)3,#ZHE#SDJH#0#ODVW#XSGDWHG#64#'HF#5333/#YLD#-.%,

7

&52$7,$=# 1HZ# %33# VFKHGXOH# RI# +57# 0# &URDWLDQ# 5DGLR# RQ# 6:# YLD# 'HDQRYDF# W[V1&RQWDFW=# =HOLPLU# .ODVDQ/# +57/# 3ULVDYOMH# 6/# =DJUHE1# )D[=# .6;8# 4# 949667:# DQG# (0PDLO=HOLPLU1.ODVDQ#KUW1KU383304;63##9498#433#N:#2#QRQ0GLU383305433#46;63#343#N:#2#638#GHJ393304;33##<;63#433#N:#2#QRQ0GLU#+QRW#WLO#4;63,536305648##9498#433#N:#2#QRQ0GLU1+2%6(59(5#&<6#,YR#,YDQRY#)#$QJXHO#'DW]LQRY/#5333#1RY#<,

*5((&(=#7KH#9RLFH#RI#*UHHFH#VFKHGXOH#IRU#%33/#(5$#8/#2FW#5</#5333#WR#0DU#59/53341$# #$YOLV/#. .DYDOOD/#' 'HODQR/#* *UHHQYLOOH1333303683##8;<3$##:788$#:7:8.#+<753.,##1$P/#(X373303883##:783$#48963$#<6:8.#4:853.###(XU/#1$P/#0(/#$I393303:33##<753$#48963$#:7:8.#4:853.###(XU/#$XV393303;33#484:3'#######################1R)6R$03:3303;33##<753$#48963$################(XURSH3;3303<33##<753$#48963$################(XURSH3<3303<83##<753$#48963$################(XU/#$]RUHV3<8304433##QR#WUDQVPLVVLRQ443304533##<753$#48963$################(XU453304833##<753$#48963$##<9<3'#########(XU/#1$P483304:33##<753$#48963$################(XU4:3304;33##<753$#48963$################(XU4;3305533#4:898*#4::38'################1R)6R$04;3305383##<753$##:783$################(XU538305433##:783$#######################(XU543305483##<6:8$##:783$################(XU548305533##<6:8$#######################(XU553305583##<6:8$#45438$################(XU563305683#48963$##:783$#45438.#48983.##6$P/#&$P#1:$I3:3303;33##<6:8.#45438.################*UHHN#WR#$XVWUDOLD453304583#45438.#48983.################*UHHN#WR#%DONDQV463304683#45438.#48983.################*UHHN#WR#7DVKNHQW533305383##:7:8.##<6:8.################*UHHN#WR#%DONDQV543305583#48983.##<753.################*UHHN#WR#$XVWUDOLD(5$#,QWHUSURJUDP473304763#45438.#48983.####$UDELF######:783-/#8;<8-/#:7:8-/#<753-476304833#45438.#48983.####*HUPDQ######:<5-/#:7:8-/#484:3-/#48963-483304863#45438.#48983.####5XVVLDQ#####:7:8-/#<6:8-/#4:853-/#484:3-486304933#45438.#48983.####6SDQLVK#####<753-/#48963-/#:<5-/#4593-493304963#45438.#48983.####5RPDQLDQ####:<5-/#4593-/#45438-/#48983-496304:33#45438.#48983.####7XUNLVK#####:<5-/#4593-/#45438-/#48983-4:3304:63##<6:8.#44978.####6HUELDQ#####:<5-/#45438-/#48983-4:6304;33##<6:8.#44978.####%XOJDULDQ###:<5-/#45438-/#48983-4;3304;63##<6:8.#44978.####$OEDQLDQ####:<5-/#45438-/#48983-4;6304<33##<6:8.#44978.####)UHQFK######:<5-/#45438-/#48983-4<3304<63##:7:8.##<6:8.####3ROLVK######<6:8-/#44978-/#:<5-4<6305333##:7:8.##<6:8.####(QJOLVK#####<6:8-/#44978-/#:<5-1HZV#LQ#(QJOLVK00)###363303643##8;<328;<8-##:7882:783-##:7:8##<75300)###394303953##:7:8##<753#484:3#48963#4:85300)###3:8303;33##<6:8##<753#484:3#48963#4:853#+DGGLWLRQDO#:7:8-,'DLO\#444304453##<753#48963#+DGGLWLRQDO#:<5-/#4593-,'DLO\#4<6304<88##:7:8##<6:8(QJOLVK#//#466304678##45438#48983+HOOHQHV#$URXQG#WKH#:RUOG#LQ#(Q=#6DW#4:3304;33#<753#489631,W*V#$OO#*UHHN######WR#0(#LQ#(Q=#6XQ#4<3605333#<753#:783#4::38#4:8981#################################5HSHDW#6XQ#553605583#48983#<7531-# # 1RWH=# 20# 'DULR# *DEULHOOL# KDV# D# GLIIHUHQW# +SULQWHG,# VFKHGXOH# IRU# (5$,QWHUSURJUDPP# IURP# 9RLFH# RI# *UHHFH# DQG# DGGLWLRQDO# DQG# GLIIHUHQW# IUHTXHQFLHV# IRU

8

(QJOLVK#SURJUDP1+&RQWULEXWRUV# WR# ';/'# LQFO1# -RKQ# %DEELV086$/# 1RY# 8/# DOO# UHW\SHG2UHIRUPDWWHG# E\# *+IRU#';/'/#(ULN#.RLH/#2%6(59(5#)#1RHO#51#*UHHQ08./#DOO#YLD#%&0';#&7<;>#:#'HF#5333#26NHG#YLD#'1#*DEULHOOL/#7#'HF#5333,

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

(5$08#0#7+(#92,&(#2)#*5((&(#75$160,77(5#6,7(6=$9/,'$#+$YOLV,#########56169(26;1561#######6:=#5[433#.:#######################6#6(5,(6#2)#&857$,16>#5#/2*#3(5,2',&6#30693#'(*1'(/$12/#86$############44<14::2681781######6:=#4[583#.:*5((19,//(/#86$########::158:2681681#######6:=#4[5832833#.:.$9$/$#################57183(2731861#######6:=#5[583#N:#####0:=#4[833#N:#######################',32/(#&857$,1#$17(11$60$,/,1*#$''5(66=(5$08/#92,&(#2)#*5((&(*(1(5$/#',5(&725$7(2)#7(&+1,&$/#6(59,&(6F2R#61#.DODLW]LV/#'1#$QJHORJLDQQLV735#0(662*,21#$9(18(48675#$7+(16/#*5((&(3+21(=####63#+34,#9347:33)$;=######63#+34,#933<93;:::=######KWWS=22HUW1QWXD1JU2HUD8(00$,/=###VNDODL#OHRQ1QUFSV1DULDGQH0W1JU5$',23+21,.26#67$7+026#0$.('21,$6/#0$&('21,$#5$',2#67$7,21=6,7(6=##3,(5,$01($#0$/*$5$#+7+(66$/21,.,,###5518<(2731641#6:=#6[68#.:',32/(#0#648#'(*1#####+:763#N+],',32/(#0#648#'(*1#####+<<68#N+],5+20%,&#0#448#'(*5((6#+448<8#N+],$''5(66=5$',23+21,.26#67$7+026#0$.('21,$6$1*(/$.,#675((7#4787954#7+(66$/21,.,/#*5((&(3+21(=##63#+64,#5770<:<)$;=####63#+64,#56906:3:::=####KWWS=22ZZZ1HUW61JU2(00$,/=#PRX]RXQLV#XVD1QHW/#JHFRQRPRX#KRWPDLO1FRP###+-.%,

.25($#+1257+,=#6FKHGXOH#RI#5DGLR#3\RQJ\DQJ#IRU#SHULRG#%33=3:3303;33##-DSDQHVH#########<983/#:8;3/#93:3/#6583/##954###########.RUHDQ###########<678/#:473/#94<8/#7738###########5XVVLDQ#########48578/#46:93/#<<:8/#98:8/#68933;3303<33##&KLQHVH##########<678/#:473/#94<8/#7738###########-DSDQHVH#########<983/#:8;3/#93:3/#6583/#954###########.RUHDQ25XVVLDQ##48578/#46:93/#<<:8/#98:8/#68933<3304333##-DSDQHVH#########<983/#:8;3/#93:3/#6583/#954###########.RUHDQ###########<678/#:473/#94<8/#7738###########5XVVLDQ#########48578/#46:93/#<<:8/#98:8/#6893434304433##.RUHDQ##########46983/#44668/#<;83/#<678/#:473/#7738/#6893443304533##&KLQHVH#########46983/#44668/#<;83/#6893###########-DSDQHVH#########:8;3/#9853/#93:3/#6583/#954###########.RUHDQ###########<678/#:473/#7738453304633##&KLQHVH##########<678/#:473/#7738###########(QJOLVK#########46983/#44668/#<<:8/#<;83/#<973/#6893###########-DSDQHVH#########:8;3/#9853/#93:3/#6583/#954

9

463304733##-DSDQHVH#########:8;3/#9853/#93:3/#6583/#954###########.RUHDQ###########<678/#:473/#7738###########6SDQLVK#########46983/#<668/#<<:8/#<933/#<973/#6893473304783##.RUHDQ##########46983/#44668/#<<:8/#<;83/#<973/#6893483304933##$UDELF###########<<:8/#<933/#9853/#6893###########(QJOLVK#########46:93/#44:43/#<668/#98:8/#7738###########5XVVLDQ##########<658/#:838493304:33##(QJOLVK##########<<:8/#<933/#9853/#6893###########)UHQFK##########46983/#44:43/#<668/#98:8/#7738###########*HUPDQ###########<658/#:8384:3304:83##.RUHDQ##########46:93/#44:43/#<668/#98:8/#77384:3304;33##.RUHDQ25XVVLDQ###<<:8/#<933/#9853/#6893###########5XVVLDQ##########<658/#:8384;3304<33##$UDELF###########<<:8/#<933/#9853/#6893###########*HUPDQ###########<658/#:838###########6SDQLVK#########46:93/#44:43/#<668/#98:8/#77384<3305333##(QJOLVK#########46:93/#44:43/#<668/#98:8/#7738###########)UHQFK###########<<:8/#<933/#9853/#6893###########*HUPDQ###########<658/#:838533305383##.RUHDQ##########46:93/#44:43/#<<:8/#<933/#<668/#<658/#:838/#98:8/#9853/############################7738/#6893543305533##&KLQHVH#########44:68/#<<:8/#<678/#:478/#6893###########-DSDQHVH#########:8;3/#9853/#6583/#954###########6SDQLVK##########<668/#:838/#98:8/#7738553305633##&KLQHVH#########44:68/#<<:8/#<678/#:478/#6893###########)UHQFK###########<658/#:838/#98:8/#7738###########-DSDQHVH#########:8;3/#9853/#6583/#954563305683##.RUHDQ##########44:68/#<<:8/#<678/#:478/#6893333303433##&KLQHVH#########46983/#44;78###########(QJOLVK#########484;3/#46:93/#44:43/#44793###########)UHQFK##########4::68/#48563/#44:68/#6893343303533##(QJOLVK#########4::68/#48563/#44:68/#6893###########)UHQFK##########46983/#44;78###########6SDQLVK#########484;3/#46:93/#44:43/#44793+51#-RKDQQVRQ#YLD#::';&0+4#%7RS#1HZV%,

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

483304933##5XVVLDQ####<848493304:33##$UDELF#####:5:8#:883493304:33##(QJOLVK####8<:8#<848#<;:3493304:33##6SDQLVK####9483493304:33##5XVVLDQ###488:84:3304;33##)UHQFK#####:5:8#<848#<;:34:3304<33##.RUHDQ#####8<:8#:883#488:84;3304<33##6SDQLVK####<848#<;:34;3304<33##5XVVLDQ###486934;3304<33##*HUPDQ#####97;3#:5:84<3305333##$UDELF#####97;3#:883#<848#488:84<3305333##5XVVLDQ####:4384<3305333##(QJOLVK####8<:8#:5:84<3305333##)UHQFK#####9478#<;:3533305433##5XVVLDQ####8<:8533305433##6SDQLVK####97;3#:5:8#<;:3533305433##*HUPDQ#####9478#:883#488:8543305463##(QJOLVK####6<:3#97;3543305533##$UDELF#####<;:3543305533##(QJOLVK###488:8543305633##.RUHDQ#####<973553305633##,QGRQHVLDQ#:5:8#<97356330568<##.RUHDQ####488:856330568<##0DQGDULQ###8<:8#:5:8#<973

10

+5.,#SULQWHG#VFKHGXOH#YLD#$UQDOGR#6ODHQ#0#&21(;,21#&;7#YLD#%&0';#&7<;/#44#'HF#5333,

0$/7$=#9RLFH#RI#WKH#0HGLWHUUDQHDQ#0#KHUH#LV#WKH#%33#VFKHGXOH=383303933##-DSDQHVH#4:8:3-#6XQGD\V393303963##,WDOLDQ###9343##0RQGD\V06DWXUGD\V396303:33##$UDELF####9343##0RQGD\V06DWXUGD\V3:3303:63##(QJOLVK###:483##0RQGD\V06DWXUGD\V3;3303<33##,WDOLDQ##44::3##6XQGD\V3<3304333##(QJOLVK##44::3##6XQGD\V433304433##0DOWHVH##44::3##6XQGD\V443304533##)UHQFK###44::3##6XQGD\V453304633##*HUPDQ###44::3##6XQGD\V533305433##$UDELF####:773&#)ULGD\V533305433##(QJOLVK###:773&#6DWXUGD\V07KXUVGD\V543305463##)UHQFK####:773&#6XQGD\V543305533##$UDELF####:773&#0RQGD\V06DWXUGD\V546305533##*HUPDQ####:773&#6XQGD\V+.,#.KDEDURYVN/#5XVVLD/#453#N:+&,#0RVFRZ/#5XVVLD/#573#N:9RLFH#RI#WKH#0HGLWHUUDQHDQ/#32#%R[#476/#9DOOHWWD#&05#34/#0DOWD1(0PDLO=#YRPUDGLR#YRP0PDOWD1RUJ1PW:HE=####ZZZ1YRP0PDOWD1RUJ1PW###+5,#4;4233>#'HFHPEHU#49/#5333,

0(;,&2=#$FFRUGLQJ#WR#0DULDQD#0RORWOD#RI#(QJOLVK#'HSDUWPHQW#DQG#&KULVWLQD#GHO#5D]R+0DQDJHU,# 5DGLR# 0H[LFR# ,QWHUQDWLRQDO# 0# 50,# LV# QRZ# EURDGFDVWLQJ# RQ# D# QHZ# IUHTXHQF\44::3# N+]# LQVWHDG# RI# 8<;8# N+]1# 50,# KRSHV# WKH# 1HZ# )UHTXHQF\# ZLOO# EH# DXGLEOH# WR,QWHUQDWLRQDO#OLVWHQHUV1#50,#DW#ZHE=KWWS=22ZZZ1WHOHFRPPH[1FRP2LPHU2UPL1KWPO+50,#YLD#+DUMRW#6LQJK##%UDU#LQ#*';0#&6>#'HFHPEHU#4:/#5333,

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

11

4;<93#6:('(1/#5DGLR#6ZHGHQ/#+RUE\/#4463049334;<;3#86$/#:<)5#)DPLO\#5DGLR/#2NHHFKREHH/#)//#487804<78+%3#LQ#(';3#(01(7#&4<9/##'HF063/#5333,

20$1=#20$1#5DGLR#6XOWDQDWH#RI#2PDQ#%33#VFKHGXOH/#ZLQWHU#5333#0#5334#+IURP#2FWREHU5</#5333#WR#0DUFK#58/#5334,=)5(4#######87&#######&,5$)######/2&##32:5##$=,##'$<6#####)'$7(###7'$7(#93;8###353303733####6<1/73:####6(%##433###653##456789:##5<4333##583634#93;8###533305533####6<6:/7;####6(%##433###573##456789:##5<4333##583634#94<3###4;3305333####6<6:/7;####6(%##433###573##456789:##5<4333##583634#<848###373303933####6<1/73:####6(%##433###653##456789:##5<4333##583634#<:68###533305633####5;/6<1#####7+8##433###648##456789:##5<4333##583634#<:93###563303533####5;/6<1#####7+8##433###648##456789:##5<4333##58363446973###393304733####6<1/73:####6(%##433###653##456789:##5<4333##58363448473###473304;33####5;/6<1#####7+8##433###648##456789:##5<4333##58363448688###353303733####7;/86######7+8##433###553##456789:##5<4333##58363448688###4;3305333####7;/86######7+8##433###553##456789:##5<4333##583634486:8###473304;33####6<6:/7;####6(%##433###573##456789:##5<4333##5836344:8<3###373303933####7;/86######7+8##433###553##456789:##5<4333##5836344:963###393304333####5;/6<1#####7+8##433###648##456789:##5<4333##583634/RFDWLRQV=#7+8# #7KXPUDLW/#6(%# #6HHE++DUMRW# 6LQJK# %UDU# YLD# 6DOLP# $O01RPDQL=# 5DGLR# 6XOWDQDWH# RI# 2PDQ/# YLD# *';0# &6/# 4:'HF#5333,

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

12

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

13

957<1<####5DGLR#/D#9R]/#$QGDKXD\ODV/#%/D#9R]#GHO#3XHEOR%959414####5DGLR#-9//#6DQ#3DEOR#>6DQ#0DUWLQ@95<514####5DGLR#8ULSD/#8ULSD#>$SXULPDF@97:<1:####5DGLR#$OWXUD/#+XDUPDFD/#+XDQFDEDPED#>3LXUD@985318####5DGLR#3DXFDUWDPER/#3DXFDUWDPER/#&XVFR#>&XVFR@9855######5DGLR#2QGDV#GHO#5LR#0DUDQRQ/#$UDPDQJR/#%DJXD98681<####5DGLRGLIXVRUD#+XDQFDEDPED/#+XDQFDEDPED#>3LXUD@99:6######5DGLR#$QGLQD/#+XDQFDEDPED#H[05DGLR#6XSHU#1XHYD#6HQVDFLRQ9:5819####5DGLR#6DWHOLWH/#6DQWD#&UX]9:;518####2QGDV#GHO#3DFLILFR/#$\DEDFD9:<:19####5DGLR#2QGDV#GHO#5LR#0D\R/#1XHYD#&DMDPDUFD9;4<19####/D#9R]#GH#ODV#+XDULQMDV/#+XDQFDEDPED9;<8/7####5DGLR#6DQ#0LJXHO/#(O#)DLTXH:37319####-&&/#+XDQFDEDPED<838######5DGLR#7DFQD/#7DFQD<9:71;####5DGLR#GHO#3DFLILFR/#/LPD<:5318####5DGLR#9LFWRULD/#/LPD++&';#0#+DUG#&RUH#';#&OXE#YLD#$WLYLGDGH#';/#';#&OXEH#GR#%UDVLO#YLD#UDGLRHVFXWDV2';/LVWHQLQJ#'LJHVW2+DXVHU02./#YLD#1$6:$#&425334#E\#$O#4XDJOLHUL/#5<#'HF#33,

32578*$/=#%33#IUHTXHQF\#VFKHGXOH#RI#5'3#,QWHUQDFLRQDO#/LVERD#YDOLG#WR#0DUFK#57/53341# 3RVWDO# DGGUHVV=# 5'3# ,QWHUQDFLRQDO/# $SDUWDGR# 4344/# 304334# /LVERD/# 3RUWXJDO1$OO#7UDQVPLVVLRQV#LQ#3RUWXJXHVH10RQGD\#WR#)ULGD\=393303;33####449:8###########86$2&DQDGD393303<33####<:<8############(XURSH393304633####44<93###########(XURSH3:7803<33####44993###########(XURSH3<3304633####44;33/#48473####(XURSH443304633####54;63###########$IULFD443304633####54988/#54:58####9HQH]XHOD463305733####48873###########86$#2#&DQDGD#+.,473304933####487<3###########0LGGOH#(DVW#2#,QGLD4:3305333####44;93-/#468;8###(XURSH4:3305333####4:9;3-##########$IULFD4:3305333####54988/#54;33-###%UDVLO#2#&1#9HUGH#2#*XLQHD#+-,533305733####46::3###########9HQH]XHOD#+.,7XHVGD\#WR#6DWXUGD\=333303633####<:48/#44988#####86$2&DQDGD333303633####46:33###########9HQH]XHOD333303633####44<;3/#46::3####%UD]LO6DWXUGD\#DQG#6XQGD\=3;3304788####44;:8/#488:8####(XURSH3;3304:88####54;63###########$IULFD3;3305433####54988###########%UD]LO3<6304433####44<<8###########(XURSH463305433####48873-##########86$2&DQDGD463305433####46::3/#4::78####9HQH]XHOD463305433####54;33-##########%UD]LO483305433####46993-/#46:<3###(XURSH4;3305433####4:9;3-##########$IULFD533305733####44;33###########(XURSH#+.,533305733####46::3/#4::78####9HQH]XHOD#+.,1RWH=+-,#3RVVLELOLW\#RI#H[WHQGLQJ#XQWLO#WKH#5733#87&1+.,#5HVHUYHG#SHULRG#WR#H[WUDRUGLQDU\#(XURSHDQ#WUDQVPLVVLRQV1+6FKHGXOH#YLD#&21(;,21#&;3#YLD#::';&0+4>#1RYHPEHU#38/#5333,

5866,$=#(QJOLVK#EURDGFDVW#VFKHGXOH#RI#9RLFH#RI#5XVVLD#IURP#2FWREHU#5</#5333#XQWLO0DUFK#58/#53341(QJOLVK#WR#$VLD3;3304333###4584

14

483304933##48893--/#44833/#<;:8/#<;33-/#<7:3--/#:648-/#<:5493304:33###:6384:3304;33###459<-0#IURP#5<14315333#WLOO#3913615334--#0#IURP#391361WLOO#5813615334(QJOLVK#WR#1RUWK#$PHULFD353303733##4:8<8--/#487:3/#46998-/#45353/#:4;3373303833##4:993--/#4:8<8/#488<8/#487:3/#48778/#46998-/#45353/#45333/#:4;3/#:458383303933##4:993--/#4:8<8-/#488<8/#487:3/#48778/#45353/#45333---/#:4;3/#:458483304933###:4;3-0#IURP#5<14315333#WLOO#3913615334--#0#IURP#391361WLOO#5813615334---#0#0RQ#0#6DW(QJOLVK#WR#0LGGOH#(DVW493304:33##45378--/#<;63-/#9338/#7<:8/#7<98/#7<73/#4584/#44:3---/#<:5493304;33##45378--/#449<8--/#<;63-/#97;4;3304<33###4584-0#IURP#5<14315333#WLOO#3913615334--#0#IURP#391361WLOO#5813615334---#0#0RQ/#7XH/#7KX/#6XQ(QJOLVK#WR#(XURSH373304333####9<6383303:33###487;393304333###4656483304933###46;9/#4656/#4548/#4476/#9<6493304:33###47<74:3304;33###47<7/#44764;3304<33##45343--/#<;<3/#<::8/#:673-/#:643--/#9378---/#8<73---/#47<7---4<3305333##45343--/#<;<3/#<::8/#:673/#:643--/#:538-/#9378/#8<83/#8<73-/#4476533305433##45343--/#<;<3/#<::8/#:673-/#:643--/#9378/#8<83/#8<73-/#487;/#46;9543305533##45343--/#<;<3/#:693--/#:673-/#:643--/#:633-/#9378/#8<83/#8<73-/#47<7/############46;9/#4656-0#IURP#5<14315333#WLOO#3913615334--#0#IURP#391361WLOO#5813615334---#0#6DW/#6XQ(QJOLVK#WR#$XVWUDOLD/#1HZ#=HDODQG393303;33##54:<3/#4:998--/#4:988/#4:8:3/#48858/#487:3-/#487933;3303<33##4:998--/#4:988/#4:8:3/#4:858/#4:7<8/#487:3-/#48793/#<<383<3304333##4:998--/#4:8:3/#4:858/#4:7<8/#487:3--/#48793/#<<38(QJOLVK#WR#$IULFD4;3304<33##45378--/#44843/#<;63-4<3305333##44843/#<;:8-/#<7:8---0#IURP#5<14315333#WLOO#3913615334--#0#IURP#391361WLOO#5813615334+5860';#&;;0'#YLD#$QDWRO\#.OHSRY#YLD#::';&0+4/##1RYHPEHU#5333,

63$,1=# 5DGLR# ([WHULRU# GH# (VSDQ# 0# 5((# ZLWK# WKHLU# QHZ# %33# VFKHGXOH/# YDOLG# XQWLO362582341#$GGUHVV=#5DGLR#([WHULRU#GH#(VSDQD/#$SDUWDGR#4891535/#5;3;3#0DGULG/#6SDLQ1(0PDLO=# DXGLHQFLDBUHH1UQH#UWYH1HV# DQG# :HE=# ZZZ1UQH1HV# DQG# )D[=# 67# +4,# 679# 4;# 48/679#44#7<1(XURSH=393303;33####<:68#####6SDQLVK#####'DLO\393303<33####45368####6SDQLVK#####'DLO\3<3304:33####488;8####6SDQLVK#####'DLO\467304688####488;8####'LDOHFW#####0RQ#0#)UL4:3304:63####484<8####5XVVLDQ#####0RQ#0#)UL4:3305433####<998#####6SDQLVK#####6XQGD\4:3305533####<998#####6SDQLVK#####6DWXUGD\4:3305633####:5:8#####6SDQLVK#####'DLO\4:6304;33####<998#####*HUPDQ######0RQ#0#7KX4;3304<33####<998#####)UHQFK######0RQ#0#)UL533305433####<9;3#####(QJOLVK#####0RQ#0#)UL553305633####<9;3#####(QJOLVK#####6DW#0#6XQ

0LGGOH#2ULHQW=383303:33####44;<3####6SDQLVK#####'DLO\3<3304:33####54943####6SDQLVK#####'DLO\4:3304<33####54943####$UDELF######'DLO\4;5804;88####4:::3####6HIDUGL#####0RQGD\4<3305333####:483#####)UHQFK######0RQ#0#)UL4<3305333####45368####)UHQFK######6DW#0#6XQ4<3305433####45368####$UDELF######0RQ#0#)UL533305533####45368####$UDELF######6DW#0#6XQ553305633####:5:3#####6SDQLVK#####'DLO\1RUWK#$IULFD=4<3305333####<8<8#####)UHQFK######0RQ#0#6DW4<3305433####:5:3#####$UDELF######0RQ#0#)UL

15

533305533####:5:3#####$UDELF######6DWXUGD\543805533####:5:3#####$UDELF######6XQGD\543805533####<8<8#####)UHQFK######6XQGD\0LGGOH#$IULFD=3<3304833####54873####6SDQLVK#####'DLO\483304<33####4::88####6SDQLVK#####0RQ#0#6DW483305433####4::88####6SDQLVK#####6XQGD\*XLQHD=493304:33####486;8####6SDQLVK#####0RQ#0#6DW493304:33####4::88####6SDQLVK#####'DLO\$IULFD=3:3303<33####54943####6SDQLVK#####'DLO\4<3305333####<8<8#####)UHQFK######0RQ#0#6DW533305433####<8<8#####(QJOLVK#####0RQ#0#)UL543805533####<8<8#####)UHQFK######6XQGD\553305633####<8<8#####(QJOLVK#####6DW#0#6XQ$XVWUDOLD3:3303<33####4:::3####6SDQLVK#####'DLO\-DSDQ=433304533####%0<993###6SDQLVK#####'DLO\3KLOLSSLQHV=453304733####;044<43##6SDQLVK#####'DLO\$PHULFD#GHO#6XU=344803478####44:<8####6HIDUGL#####7XHVGD\3;3303733####&044;48##6SDQLVK#####'DLO\3;3304:33####548:3####6SDQLVK#####0RQ#0#)UL433304633####&044;48##6SDQLVK#####0RQ#0#)UL433304:33####548:3####6SDQLVK#####6DW#0#6XQ453305433####54:33####6SDQLVK#####6XQGD\453305533####54:33####6SDQLVK#####6DWXUGD\453305633####&048458##6SDQLVK#####6XQGD\467304688####548:3####'LDOHFW#####0RQ#0#)UL483304;33####54:33####6SDQLVK#####0RQ#0#)UL493305633####&048458##6SDQLVK#####6DWXUGD\4:3304<33####4::48####6SDQLVK#####'DLO\563303533####44<78####6SDQLVK#####'DLO\563303833####<953#####6SDQLVK#####'DLO\

563303833####48493####6SDQLVK#####'DLO\$PHULFD#&HQWUDO=344803478####44:<8####6HIDUGL#####7XHVGD\353303933####&0<963###6SDQLVK#####'DLO\433304633####4:8<8####6SDQLVK#####0RQ#0#)UL443304733####&08<:3###6SDQLVK#####0RQ#0#)UL453304833####&08<:3###6SDQLVK#####6XQGD\453305433####54:33####6SDQLVK#####6XQGD\453305533####54:33####6SDQLVK#####6DWXUGD\477304788####&08<:3###'LDOHFW#####0RQ#0#)UL483304;33####54:33####6SDQLVK#####0RQ#0#)UL483305633####&0<:98###6SDQLVK#####6XQGD\493305633####&0<:98###6SDQLVK#####6DWXUGD\563303833####<873#####6SDQLVK#####'DLO\563303833####48493####6SDQLVK#####'DLO\$PHULFD#1RUWK=333303533####9388#####(QJOLVK#####'DLO\353303833####9388#####6SDQLVK#####'DLO\353303933####44;;3####6SDQLVK#####'DLO\374803778####<9<3#####6HIDUGL#####7XHVGD\383303889####9388#####(QJOLVK#####'DLO\433304633####4:8<8####6SDQLVK#####0RQ#0#)UL443304733####&0484:3##6SDQLVK#####0RQ#0#)UL453304833####&0484:3##6SDQLVK#####6XQGD\463304833####4:8<8####6SDQLVK#####0RQ#0#)UL477304788####&0484:3##'LDOHFW#####0RQ#0#)UL477304788####4:8<8####'LDOHFW#####0RQ#0#)UL483305633####&04:;83##6SDQLVK#####6XQGD\493305633####&04:;83##6SDQLVK#####6DWXUGD\4<3305633####48443####6SDQLVK#####'DLO\563305733####9388#####)UHQFK######'DLO\563303833####<873#####6SDQLVK#####'DLO\1RWH=#'LDOHFW###+&DWDODQ/#*DOOHJR#\#9DVFR,15HOD\=+%,#%HLMLQJ/#&KLQD+&,#&DULDUL#GH#3RFRFL/#&RVWD#5LFD+;,#;LDQ/#&KLQD

+&21(;,21#&;:#YLD#$UQDOGR#6ODHQ/#58#'HF#5333,

6:,7=(5/$1'=#6FKHGXOH#SHULRG#%33#RI#6ZLVV#5DGLR#,QWHUQDWLRQDO#0#65,1#$GGUHVV=6ZLVV#5DGLR#,QWHUQDWLRQDO/#*LDFRPHWWLVWUDVVH#4/#&+06333#%HUQ#481#)D[=#.740640683<877/#(0PDLO=#WHFKQLFDO#VZLVVLQIR1RUJ/#:HE=#KWWS=22ZZZ1VZLVVLQIR1RUJ336303433#####*HUPDQ#######60<;;8/#*0<<38343303533#####(QJOLVK######60<;;8/#*0<<38353303563#####)UHQFK#######60<;;8/#*0<<38356303633#####(QJOLVK######60<;;8/#*0<<38363303663#####,WDOLDQ######60<;;8/#*0<<38366303733#####*HUPDQ#######60<;;8/#*0<<38373303833#####(QJOLVK######*0<938/#60<;;8383303863#####(QJOLVK######-0<998383303863#####)UHQFK#######60<;;8386303933#####)UHQFK#######-0<998386303878#####,WDOLDQ######60<;;8393303963#####(QJOLVK######-0<998393303963#####)UHQFK#######-0<;;8/#-046968/#604:998396303:33#####*HUPDQ#######-0<998396303:33#####*HUPDQ#######-0<;;8/#-046968/#604:9983:3303:63#####,WDOLDQ######-0<9983:3303:63#####,WDOLDQ######-0<;;8/#-046968/#604:9983:6303;33#####(QJOLVK######-0<;;8/#-046968/#604:9983;6303<33#####(QJOLVK######*0<;;8/#6054::33<3303<63#####,WDOLDQ######*0<;;8/#6054::33<6304333#####*HUPDQ#######*0<;;8/#6054::3433304363#####)UHQFK#######*0<;;8/#6054::3443304463#####(QJOLVK######-0<868

16

443304533#####(QJOLVK######.0<873/#6054::3446304533#####*HUPDQ#######-0<868453304563#####)UHQFK#######-0<868453304563#####*HUPDQ#######.0<873/#6054::3456304633#####,WDOLDQ######-0<868456304633#####)UHQFK#######.046:68/#6054::3463304663#####(QJOLVK######-0<868463304663#####,WDOLDQ######.0<873/#6054::3473304833#####(QJOLVK######.045343/#60484;8483304863#####*HUPDQ#######.045343/#60484;8486304933#####)UHQFK#######.045343/#60484;8496304:33#####,WDOLDQ######-0<938/#-046:<3/#60488884:3304:63#####$UDELF#######-0<938/#-046:<3/#60488884:6304;33#####(QJOLVK######-0<938/#-046:<3/#60488884;3304;48#####)UHQFK#######-0<938/#-046:<3/#60488884;6304<33#####*HUPDQ#######-094984;6304<33#####,WDOLDQ######-0<938/#-044<43/#60469934<3304<63#####,WDOLDQ######9094984<3304<63#####$UDELF#######-0<938/#-044<43/#60469934<6305333#####)UHQFK#######9094984<6305363#####(QJOLVK######-0<938/#-044<43/#6046993533305363#####(QJOLVK######-0<938/#-044<43/#6046993/#*046:<3533305363#####(QJOLVK######909498536305433#####*HUPDQ#######-0<938/#-044<43/#6046993/#*046:<3543305463#####)UHQFK#######-0<938/#-044<43/#6046993/#*046:<3553305563#####)UHQFK#######60<;;8/#*044993556305633#####*HUPDQ#######60<;;8/#*044993563305663#####,WDOLDQ######60<;;8/#*044993&HQWURV#HPLVRUHV=#+*,#0RQWVLQHU\/#*X\DQD#)UDQFHVD>#+-,#-XHOLFK/#$OHPDQLD>+.,#.UDQML/#6LQJDSXU>#+6,#6RWWHQV/#6XL]D>#+9,#5DGLR#9DWLFDQD1+6FKHGXOH#YLD#$UQDOGR#6ODHQ#0#&21(;,21#&;7>#'HFHPEHU#43/#5333,

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

4<6304<78#$OO#,QGLD#5DGLR# <898/#46:63/#48453# $VLD#

7KXUVGD\# 476304778# %KXWDQ 8358# $VLD#

17

%URDGFDVWLQJ6HUYLFH#

6XQGD\# 536305533# 5DGLR#&DLUR# 48668# :HVW#$IULFD#0RQGD\0RQGD\2:HGQHVGD\7XH2:HG27KX6DWXUGD\26XQGD\#

564805663543305463563305663566305678#

5DGLR#IRU#3HDFH,QWHUQDWLRQDO+5)3,,

483839<:8#

1RUWK#DQG#/DWLQ$PHULFD#

7XHVGD\6XQGD\#

+81(6&2,543305448553305563#

5DGLR#IRU#3HDFH,QWHUQDWLRQDO+5)3,,#

48383 1RUWK#DQG#/DWLQ$PHULFD#

7XHVGD\27KXUVGD\# 4;6304<33# 5DGLR#7DQ]DQLD# 8383# (DVW#DQG#&HQWUDO$IULFD#

7KXUVGD\

7XHVGD\0)ULGD\

4883049383473034884:6304:68533305338364303648383303838396303968#

9DWLFDQ#5DGLR# 44973/#<;:8:66844958/46:98488:3:698/#<993/#44958:698#

(XURSH/#$VLD/$IULFD#

81#5DGLR#SURJUDPV#LQ#RWKHU#ODQJXDJHV=/DQJXDJH 'D\# 87&# 6WDWLRQ# N+]# 7DUJHW##

$UDELF# 6XQGD\# 497804:33# 5DGLR#&DLUR# <:33/#44998# 0LGGOH#(DVW/#1RUWK$IULFD#

%DQJOD# 6DWXUGD\# 477804848493304963#

$OO#,QGLD5DGLR+DOVR#RQ#0:8<7,#

7;53/#4467# 6RXWKHDVW#$VLD#

&KLQHVH# :HGQHVGD\ 3<3304333

443304533

463304733#

5DGLR#%HLMLQJ# 48498/#<8<3

4::49/48443/#<8<348498/#<<78/<8<3#

6RXWKHDVW#$VLD1RUWKHDVW#$VLD6RXWKHDVW#$VLD#

)UHQFK# 0RQGD\# 553305548# 5DGLR#&DLUR# 48668# :HVW#DQG#&HQWUDO$IULFD#

+LQGL# )ULGD\# 478304833337303383#

9DWLFDQ#5DGLR# <;:8/#449738<;3/#:668#

$VLD#

6SDQLVK# 0RQGD\0)ULGD\#

334803353# 2$6#5DGLR# 44;63/#48493# 1RUWK#DQG#/DWLQ$PHULFD#

0RQGD\0)ULGD\

)ULGD\6XQGD\#

476304778

4<6304<78

5533055484363043784:6304:78#

9R]#GH#ORV$QGHV#++&-%,+$OVR#RQ#0:9<3#,#

9383/#<:98/44<439383/48563/4:;:848473938344:67#

1RUWK#DQG#/DWLQ$PHULFD#

0RQGD\0)ULGD\#

543305448# 5DGLR#0H[LFR,QWHUQDWLRQDO#

48763/#<:38/#44::38<;8#

1RUWK#DQG#/DWLQ$PHULFD#

6ZDKLOL# 0RQGD\# 498304:38# 5DGLR#&DLUR# 44<:8# (DVW#DQG#&HQWUDO$IULFD#

6XQGD\# 4:6304:78# 5DGLR#7DQ]DQLD 44:67# (DVW#DQG#&HQWUDO$IULFD#

+81#ZHESDJH#YLD#-.%/#63#'HF#33,

%33#XSGDWHG#RSHUDWLRQDO#VFKHGXOH#RI#:6+%/#&\SUHVV#&UHHN#6&1#LVVXHG#E\#*HRUJH#-DFREV)#$VVRF1/#,QF1#&\SUHVV#&UHHN#LV#D#VPDOO#FRPPXQLW\#LQ#+DPSWRQ#&RXQW\/#6RXWK#&DUROLQD+3651741351# 3;413:184:,1# :6+%# EHJDQ# FRQVWUXFWLRQ# LQ# 'HFHPEHU/# 4<;:1# ,W# EHJDQEURDGFDVWLQJ# RQ# 0DUFK# 5:/# 4<;<1# :6+%# KDV# D# 4<333# 6)# EXLOGLQJ# RQ# 693# DFUHV/# DQGRSHUDWHV#WKUHH#:830.:#JHQHUDWRUV#LQ#SHDN#ORDG#VKDYLQJ#ZLWK#LWV#SRZHU#VXSSOLHU1#7KH

18

VWDWLRQ# HPSOR\V# <# SHRSOH1# :6+%# XVHV# WZR# %URZQ# %RYHUL# 833.:# 6.# 88# &6053# 6KRUWZDYH7UDQVPLWWHUV#ZLWK#VL[#DQWHQQDV1##N+]#671####/2&#####################87&########'$7(6#####7$5*(7####32:(5#$=#8;83#:6+%###&<35(66#&5((./#6&####353303733###435<03658#$#:#)#&#1$0##833#648#8<48#:6+%###0(5/,1###############453304633###435<03658###6R1&KLQD###000#000#93<8#:6+%###&<35(66#&5((./#6&####433304633###435<03658###(1$2&$5,%##833##58#93<8#:6+%###&<35(66#&5((./#6&####433304633###435<03658###(1$2&$5,%##833#4:6#:793#:6+%###0(5/,1###############463304733###435<03658###,QGLD######000#000#:843#:6+%###&<35(66#&5((./#6&####553305633###435<03658###(8521$)5,##833##8:#:843#:6+%###&<35(66#&5((./#6&####563305733###435<03658###(8521$)5,##833##:5#:868#:6+%###&<35(66#&5((./#6&####333303433###435<03658#$#(1$2&$5,%##833##58#:868#:6+%###&<35(66#&5((./#6&####333303433###435<03658#$#(1$2&$5,%##833#4:6#:868#:6+%###&<35(66#&5((./#6&####343303533###435<03658#$#F1$########833#648#:868#:6+%###&<35(66#&5((./#6&####353303633###435<03658###0(;,&2#####833#578#:868#:6+%###&<35(66#&5((./#6&####363303733###435<03658###(1(852586##833##75#:868#:6+%###&<35(66#&5((./#6&####373303933###435<03658###&,62H(8####833##58#:868#:6+%###&<35(66#&5((./#6&####393303;33###435<03658###&2:#$)5####833##:5#:868#:6+%###&<35(66#&5((./#6&####3;3304333###435<03658###(8#########833##75#<763#:6+%###&<35(66#&5((./#6&####333303433###435<03658###(1$0#######833##58#<763#:6+%###&<35(66#&5((./#6&####333303433###435<03658###&$5,%1#####833#4:6#<763#:6+%###&<35(66#&5((./#6&####343303633###435<03658###&2:1$01####833#648#<763#:6+%###&<35(66#&5((./#6&####463304733###435<03658###&1121$0(5##833#648#<788#:6+%###&<35(66#&5((./#6&####3<3304333###435<03658###%5$26$0####833#46:#<788#:6+%###&<35(66#&5((./#6&####433304433###435<03658###6$0########833#485#<788#:6+%###&<35(66#&5((./#6&####463304733###435<03658###&$P)0H[####833#578#<;73#:6+%###&<35(66#&5((./#6&####373303933###435<03658#$#$)5,&$#####833##:5#<;78#:6+%###&<35(66#&5((./#6&####3;3303<33###435<03658###2&($1,$####833#578#<;;3#:6+%###0(5/,1###############453304633###435<03658###,QGRQHVLD##000#00044883#:6+%###&<35(66#&5((./#6&####533305533###435<03658###(8523(#####833##5844993#:6+%###&<35(66#&5((./#6&####443304633###435<03658###&)6$0######833#49:44;:3#:6+%###0(5/,1###############433304433###435<03658###121&KLQD###000#00045353#:6+%###&<35(66#&5((./#6&####373303833###435<03658###$)5,&$#####833##:545353#:6+%###&<35(66#&5((./#6&####383303933###435<03658#$#6#$)5,&$###833#43546::3#:6+%###&<35(66#&5((./#6&####533305533###435<03658#$#(8523(#####833##7546::3#:6+%###&<35(66#&5((./#6&####553305633###435<03658#$#6R(XU######833##8:46::3#:6+%###&<35(66#&5((./#6&####563305733###435<03658#$#6(XU0:$I###833##:5484<8#:6+%###&<35(66#&5((./#6&####383303933###435<03658###6#$)5,&$###833#435485;8#:6+%###&<35(66#&5((./#6&####333303533###435<03658###F)V$0######833#49:485;8#:6+%###&<35(66#&5((./#6&####553305633###435<03658###%5$=,/#####833#46:485;8#:6+%###&<35(66#&5((./#6&####563305733###435<03658###F)V$0######833#49:48998#:6+%###&<35(66#&5((./#6&####4;3305333###435<03658###H(8########833##5848998#:6+%###&<35(66#&5((./#6&####533305533###435<03658###$)5,&$#####833##:54;<43#:6+%###&<35(66#&5((./#6&####493304:33###435<03658###H$)########833##:54;<43#:6+%###&<35(66#&5((./#6&####4:3304;33###435<03658###F$)########833##:54;<43#:6+%###&<35(66#&5((./#6&####4;3304<33###435<03658###6$)########833#4354;<43#:6+%###&<35(66#&5((./#6&####4<3305333###435<03658###6$)########833#435+6FKHGXOH#E\#ZHESDJH#RI#*HRUJH#-DFREV#)#$VVRF1/#,QF1#ODVW0PRGLILHG#2FWREHU#56/#5333YLD#-.%,

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

19

:RUOGZLGH# &DWKROLF# 5DGLR# 0# :(:1# IUHTXHQF\# JXLGH# HIIHFWLYH# 2FWREHU# 5</# 5333# 00DUFK58/#53341#:(:1#LV#D#SULYDWHO\0RZQHG#&DWKROLF#UDGLR#VWDWLRQ/#RSHUDWHG#E\#WKH#(WHUQDO:RUG# 79# 1HWZRUN# +(:71,1# 6WDWLRQ# EHJDQ# EURDGFDVWLQJ# RQ# 5;WK# 'HFHPEHU# 4<<51# (PDLO&RQWDFW#-RVHSK#$1#'HQWLFL/#)UHTXHQF\#0DQDJHU/#-'HQWLFL#HZWQ1FRP1RUWK#$PHULFD####/DWLQ#$PHULFD####(XURSH######87&(QJOLVK26SDQLVK##6SDQLVK##########(QJOLVK#8;58#############:758#############8;58-######3333#8;58#############:758#############8;58-######3433#8;58#############:758#############8;58-######3533#8;58#############:758#############8;58-######3633#8;58#############:758#############8;58-######3733#8;58#############:758#############8;58-######3833#8;58#############:758#############8;58-######3933#8;58#############:758#############8;58-######3:33#8;58#############:758#############8;58-######3;33#8;58#############:758#############8;58-######3<33#8;58#############:758#############:798#######4333#8;58#############:758############48:78#######4433#8;58#############:758############48:78#######453344;:8############486:8############48:78#######463344;:8############486:8############48:78#######473344;:8############486:8############48:78#######483344;:8#2#46948####486:8############48:78#######493344;:8#2#46948####486:8############48:78#######4:3344;:8#2#46948####486:8############48:78#######4;3344;:8#2#46948####486:8############48:78#######4<3344;:8#2#46948####486:8############48:78#######533344;:8#2#46948####486:8#############<<:8#######5433#<6;8#2#46948####486:8#############<<:8#######5533#<6;8#2#46948#####:758#############<<:8#######5633- #6HFRQGDU\#FRYHUDJH#WR#(XURSH#GXULQJ#WKLV#WLPH#0#6LJQDO#VWUHQJWK#LV#PDUJLQDO+(7:1#ZHESDJH#63#'HF#5333#YLD#-.%,

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

46;78#####473303333####34#'HF#3305;#)HE#34#8<68#####333304733####34#'HF#3305;#)HE#3446;78#####463303433####34#0DU#34057#0DU#34#8<68#####343304633####34#0DU#34057#0DU#347UDQVPLWWHU#&6#0#433#.:#0#73#'HJUHHV45493#####473305533####34#'HF#3305;#)HE#34#83:3#####553304733####34#'HF#3305;#)HE#3445493#####473305633####34#0DU#34057#0DU#34#83:3#####563304733####34#0DU#34057#0DU#347UDQVPLWWHU#&7#0#433#.:#0#<3#'HJUHHV#56<3#####373304533####34#'HF#3305;#)HE#34#:768#####453304733####34#'HF#3305;#)HE#34#<7:8#####473305433####34#'HF#3305;#)HE#34#:768#####543303733####34#'HF#3305;#)HE#34#56<3#####383304533####34#0DU#34057#0DU#34#:768#####453304733####34#0DU#34057#0DU#34#<7:8#####473305533####34#0DU#34057#0DU#34#:768#####553303833####34#0DU#34057#0DU#34

+::&5#ZHEVLWH#ODVW0PRGLILHG#4#'HFHPEHU#5333#YLD#-.%,

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

----------------------------------------------------------------------

20

6RXUFHV#)#&RQWULEXWRUV=

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

$EEUHYLDWLRQV=

7DUJHW=##################7DUJHW#3UHIL[=,78#FRXQWU\#FRGH#RU######1##1RUWK$I##$IULFD###############(##(DVW$P##$PHULFD##############6##6RXWK$V##$VLD#################:##:HVW(X##(XURSH###############&##&HQWUDO0(##0LGGOH#(DVW)68#)RUPHU#6RYLHW#8QLRQ

/DQJXDJHV=###############2WKHU#FRPPRQ#DEEUHYLDWLRQV=$U####$UDELF#############EF#######EURDGFDVW&K####&KLQHVH############OVE######/RZHU#6LGH#%DQG#0RGH'X####'XWFK##############QG#######QRQ0GLUHFWLRQDO(#####(QJOLVK############Q[#######QHZV)#####)UHQFK#############S[#######SURJUDP*#####*HUPDQ#############VFH+G,/*U####*UHHN##############VNHG#####VFKHGXOH,#####,WDOLDQ############VVE######6LQJOH#6LGHEDQG#0RGH-#####-DSDQHVH###########W[+HU,###WUDQVPLWWHU.#####.RUHDQ#############XVE######8SSHU#6LGH#%DQG#0RGH3#####3RUWXJXHVH#########PP2GG2\\#'DWH#+PRQWK2GD\2\HDU,5#####5XVVLDQ############GG1PP1\\######+GD\PRQWK\HDU,6S####6SDQLVK7XUN##7XUNLVK

'U1#-XHUJHQ#.XELDN#ü#*ROW]VWU1#4<#ü#'043:;4#%HUOLQ#ü#*(50$1<HPDLO=,QWHUQHW######################M1NXELDN#JP[1QHW#RU#M1NXELDN#ZHE1GH)LGRQHW#+7R=#-XHUJHQ#.XELDN,##5=57432634153:HE#3DJH=#####################KWWS=22VXUI1WR2'U1.XEL###+96,##############################KWWS=22KRPH1VQDIX1GH2M1NXELDN2

----------------------------------------------------------------------

([WUDFWV#RI# LWHPV# VRXUFHG# WR# (/(&7521,&#';# 35(66# +(';3,#PD\#EH# IXUWKHUUHSURGXFHG# RQO\# E\# RUJDQL]DWLRQV# RU# LQGLYLGXDOV# ZKLFK# KDYH# RQ0JRLQJH[FKDQJH#DUUDQJHPHQWV#ZLWK#(';31----------------------------------------------------------------------

21

';#/2*%22./RJV#DURXQG#WKH#FORFN

###E\#$VKRN#.XPDU#%RVH/#%059/#-DO#9D\X#9LKDU/#6HFWRU#0#,,,/#6DOW#/DNH/#&DOFXWWD#0#:33#3<;/#,QGLD########(00DLO=#DVKRNBERVH#YVQO1QHW

7523,&$/#%$1'6

)UHTX1 87& 6,132 ,78 5DGLR#6WDWLRQ /DQJXDJH 3URJUDPPH#'HWDLOV 'DWH 5HS1

5:33/4 4356 55555 '20 2QGDV#GHO#<XQD 6SDQLVK 9RFDO#VHOHFWLRQV#ZLWK#,' 4944 5$'

6538/3 5546 66655 % 515LEHLUDR#3UHWR/5LEHLUDR#3UHWR 3RUWXJHVH 7DONV#)#3RS#9RFDOV 4844 5$'

6547/; 4463 57565 ,16 55,/0DQDGR ,QGRQHVLDQ (DV\#OLVWHQLQJ#PXVLF 3645 *,

6568/3 4483 55555 31* 5DGLR#:HVW#1HZ#%ULWDLQ/#.LPEH (QJOLVK ,'/$QQPWV1#)#LVODQG#YRFDOV 4:44 5$'

65;</; 3443 76666 *8< 9RLFH#RI#*X\DQD (QJOLVK (DV\#OLVWHQLQJ#PXVLF 4:44 5$'

6643/3 563< 56665 %2/ 510RVRM#&KDVNL/#&RFKDEDPED 9HUQDFXODUV 7DONV#ZLWK#UXVWLF#YRFDOV 4844 5$'

6649/3 5463 56665 65/ 6LHUUD#/HRQH#%161/*RGHULFK (QJOLVK 7DONV#)#JURXS#KLJKOLIH#YRFDOV 4844 5$'

6673/3 4378 55544 358 5DGLR#$OWXUD/&HUUR#GH#3DVFR 6SDQLVK 7DONV#E\#PDQ#)#ZRPDQ 4:44 5$'

6698/3 334: 65655 % 5DGLR#&XOWXUD/$UDUDTXDUD 3RUWXJHVH 3RS#)#5RPDQWLF#YRFDOV#)#,' 4944 5$'

66:8/3 4<53 56665 $*/ 5DGLR#1DFLRQDO#GH#$QJROD )UHQFK 7DONV#)#,' 3534 '&

66;3/3 3635 65566 0:, 0DODZL#%URDGF1#&RUS1 9HUQDFXODUV 7DON#)#9RFDOV 4544 5$'

66<8/4 4563 45664 ,16 55,/#%DQGDU#/DPSXQJ ,QGRQHVLDQ 7DONV 5745 *,

6;43/3 386: 45554 (4$ ,QVW1#2FHDQRJUDILFR/*XD\DTXLO 6SDQLVK ,'#)#3[ 3:34 '&

6<48/3 4978 78766 61* %%&/#6LQJDSRUH (QJOLVK 6SRUW#5HSRUW#)#,' 3934 +-.

6<:8/3 357; 88777 +1* 5DGLR#%XGDSHVW (QJOLVK ';06KRZ 3545 +-.

7385/8 3384 66665 *70 5DGLR#9HUGDG 6SDQLVK 3LDQR#,QVWUXPHQWDO#0XVLF 4944 5$'

74<3/3 5633 66766 &+1 &KLQD#1DWLRQDO#5DGLR#7 0RQJROLDQ 7DONV#)#)RON#6RQJV 3;45 =/

7868/3 5653 46664 358 5DGLR#+RUL]RQWH/#&KLFOD\R 6SDQLVK ,'#DQG#7DONV 5645 '&

7968/3 4;6< 67666 7-. 7DMLN#5DGLR 7DMLN )RON#6RQJV#DQG#1HZV 4945 =/

7:58/3 4445 66556 %50 5DGLR#0\DQPDU/#<DQJRQ %XUPHVH 9RFDOV#IROORZHG#E\#1HZV 5:44 5$'

7:83/3 4663 66666 &+1 +XOXQEHLHU#31%161 0RQJROLDQ 7DON#)#0XVLF 5545 +<

7:86/6 4573 77777 ,16 55,/#0DNDVVDU ,QGRQHVLDQ 3RS#0XVLF 5745 *,

7:<8/3 4538 67666 586 5DGLR#5XVVLL 5XVVLDQ 7DON#E\#ZRPDQ 3434 *,

7:<8/< 448; 67676 971 9RLFH#RI#9LHWQDP/#6RQ#/D 9LHWQDPHVH ,6/#2SHQLQJ#PXVLF#DQG#$QQ1 3945 *,

7:<</; 5678 67666 *70 51%XHQDV#1RYDV/6DQ#6HEDVWLDQ 6SDQLVK /DWLQ#3RS#0XVLF 3634 +-.

7;43/3 5353 68766 $50 9RLFH#RI#$UPHQLD *HUPDQ 458#\UV#RI#$UPHQLDQ#7KHDWUH 5<44 +-.

7;4</5 3343 57666 *70 /D#9R]#(YDQJHOLFD 6SDQLVK 5HOLJLRXV#3URJUDPPH#)#0[1 3734 +-.

7;73/3 3366 66766 ,1' $OO#,QGLD#5DGLR/0XPEDL (QJOLVK 1HZV 6445 =/

7;<3/3 4:45 57565 31* 1%&/#3RUW#0RUHVE\ 3LGJLQ 0XVLF#DQG#:RPDQ#WDON 4:45 =/

7<53/3 4553 55554 ,1' $OO#,QGLD#5DGLR/&KHQQDL 7DPLO 7DONV#)#,QWHUYLHZ 4944 5$'

7<58/3 4537 66555 ,16 5DGLR#-DPEL ,QGRQHVLDQ 1HZV 4944 5$'

22

7<88/3 3<8; 56655 358 5DGLR#&XOWXUDO#$PDXWD/+XDQWD 6SDQLVK 6RIW#,QVW1#0XVLF#ZLWK#,' 4:44 5$'

7<93/3 4378 65555 987 5DGLR#9DQXDWX )UHQFK )HOL]#1DYLGDG#DQG#YRFDOV 5:44 5$'

7<:9/3 4<7; 78777 8*$ 5DGLR#8JDQGD/#.DPSDOD (QJOLVK 3ROLWLFDO#7DONV 3534 '&

7<<3/3 4843 55665 ,1' $OO#,QGLD#5DGLR#/*XZDKDWL +LQGL 1HZV 3734 =/

8336/7 5474 56655 *1( 5DGLR#1DFLRQDO/#%DWD 6SDQLVK 7DONV#DQG#,' 4944 5$'

8338/4 5643 67756 13/ 5DGLR#1HSDO/#.DWKPDQGX 1HSDOL 2UFKHVWUDO#VRQJV 3;45 =/

8343/3 5563 77776 &+1 &3%6/%HLMLQJ &KLQHVH# 7DONV#DQG#,' 3<45 5$'

8353/8 4463 55554 1*5 /D#9RL[#GX#6DKHO/1LDPH\ )UHQFK 7DON#)#+LJKOLIH#YRFDOV 4944 5$'

8358/3 5543 67666 %(1 257%/#3DUDNRX )UHQFK ,'#)#2OG#3RS#0XVLF 3834 +-.

8368/6 4573 55765 971 9RLFH#RI#9LHWQDP +PRQJ ,QVWUXPHQWDO#0XVLF 5345 *,

8383/3 484; 66666 &+1 *XDQJ[L#3%6/#1DQQLQJ &KLQHVH# &KLQHVH#)RONORUH 3934 +-.

6+257:$9(

)UHTX1 87& 6,132 ,78 5DGLR#6WDWLRQ /DQJXDJH 3URJUDPPH#'HWDLOV 'DWH 5HS1

8868/6 4483 67665 #971 5DGLR#/DR#&DL/#/DR#&DL 9LHWQDPHVH :RPDQ*V#VRQJ#)#7DON 3945 *,

8873/3 3648 58666 &+1 ;LQMLDQJ#3%6/#8UXPTXL .D]DN 5XVVLDQ#)RONORUH 3545 +-.

8::3/3 5668 47555 1&* 5DGLR#0LVNXW/#3XHUWR#&DEH]DV 6SDQLVK 7DONV 3:45 '&

8;88/3 4:55 68666 $50 7UDQV#:RUOG#5DGLR#YLD#$UPHQLD (QJOLVK 5HOLJLRXV#3URJUDPPHV 4:45 ,1

8;<3/3 4:33 78777 ' $:5/YLD#'7.#-XOLFK %XOJDULDQ 5HOLJLRXV#3URJUDPPHV 6344 +-.

8<48/3 4:38 88777 69. 6ORYDN#5DGLR *HUPDQ 1HZV 6344 +-.

8<63/3 3434 76766 69. 5DGLR#6ORYDNLD#,QWO1/#%UDWLVODYD (QJOLVK 9RLOLQ#3OD\HU#)#7UDQVSRUW1 4945 5/

8<9</8 5583 55755 &+1 *DQQDQ#31%161 7LEHWLDQ 7DONV 4<45 +<

8<;8/3 4848 76666 %50 5DGLR#0\DQPDU (QJOLVK 1HZV 5745 $.%

8<<3/3 338< 67666 ,1' $OO#,QGLD#5DGLR/#'HOKL 6LQGKL ,QVWUXPHQWDO#0XVLF 3545 +-.

9333/3 4638 77777 61* 5DGLR#6LQJDSRUH &KLQHVH 1HZV#E\#:RPDQ#DQG#,' 5345 *,

9353/3 3753 66665 785 9RLFH#RI#7XUNH\/#$QNDUD 7XUNLVK ,' 5345 :6

9358/3 3763 65555 +1* 5DGLR#%XGDSHVW 8NUDQLDQ 6LJQ#2Q#DQG#,'#ZLWK#3[1 5345 :6

9388/3 3849 76766 (# 5DGLR#([WHULRU#GH#(VSDQD (QJOLVK 9LVLWRUV#%RRN#)#5DGLR#:DYHV 4:45 5/

9393/3 558: 68766 ,# 5$,/#5DGLR#2QH ,WDOLDQ &ODVVLFDO#0XVLF 6344 +-.

939</; 5383 67666 ,16 55,/#-D\DSXUD ,QGRQHVLDQ 3RS#6RQJV 5845 ,1

93<3/3 3;33 55665 &+/ 5DGLR#(VSUDQ]D 6SDQLVK 7DON#DQG#*RVSHO#VRQJ 4:45 ,1

93<3/3 3674 66766 $/% 5DGLR#7LUDQD $OEDQLDQ ,'#IROORZHG#E\#3RS#0XVLF 5;44 +-.

93<3/3 3:4; 56665 &+/ 5DGLR#(VSHUQ]D 6SDQLVK 3RS#6RQJV#DQG#$QQ1 3434 ,1

9453/3 3585 77777 785 9RLFH#RI#7XUNH\/#$QNDUD 7XUNLVK ,'/#1HZV#)#7XUNLVK#)RONORUH 5;44 +-.

9458/3 4659 57775 85* 62'5(/0RQWHYLGHR 6SDQLVK $QQ1#:LWK#,' 5645 $/6

9463/3 3<56 67666 /$2 /DRV#1DWLRQDO#5DGLR/9LHQWLDQH /RDWLDQ ,6/,'#)#SRS#PXVLF 3645 *,

9473/3 4635 67776 85* 5DGLR#0RQWHFDUOR/#0RQWHYLGHR 6SDQLVK $TXL#HVWD#VX#GLVFR 5645 $/6

9486/; 455; 55554 ,16 55,/#%LDN ,QGRQHVLDQ &RQWLQRXV#5RPDQWLF#9RFDOV 4;44 5$'

9488/3 3363 76666 ,5/ 57(/#'XEOLQ (QJOLVK 62RQ#)#:RUOG#$,'6#'D\ 3545 +-.

9493/3 3645 77777 ,51 ,5,%/#7HKHUDQ 'DUL 7DONV#DQG#2UFKHVWUD#0XVLF 5;44 +-.

9498/3 3844 66766 7&' 5DGLR#79#&KDGLHQQH )UHQFK &OHDU#,'#)#3ROLWLFDO#7DONV1 3445 +-.

9498/3 4643 76766 971 9RLFH#RI#9LHWQDP/ +PRQJ 7DONV 5345 *,

94;8/3 4<73 78777 &9$/ 9DWLFDQ#5DGLR /DWLQ 62RQ#)#5HOLJLRXV#7DONV 5<44 +-.

9533/3 3539 77666 &=( 5DGLR#3UDJXH (QJOLVK 1LFN#&DUH\#:HHNO\#3DSHUV 4945 5/

23

953</< 3669 66665 (7+ 5DGLR#)DQD/$GGLV#$EDED $PKDULF /LYHO\#YRFDOV#ZLWK#PXOWLSOH#,' 4:44 5$'

9578/3 4;47 78777 586 5DGLR#5DGRQHVK 5XVVLDQ 5HOLJLRXV#3URJUDP#)#&KRLU 3934 +-.

9598/3 4<4; 68766 =0% =1%&/#/XVDND 9HUQDFXODUV $IULFDQ#)RONORUH 3545 +-.

95;3/3 5353 88777 ,65 .2/#,VUDHO/#-HUXVDOHP (QJOLVK 1HZV/,'#)#,6 5645 +-.

9648/3 3663 55555 (7+ 9RLFH#RI#7LJUD\#5HYROXWLRQ 7LJUH 1HZV#ZLWK#0XVLF#)#,' 4:44 5$'

96;4/9 4488 67666 971 5DGLR#/DL#&KDX/#/DL#&KDX 9LHWQDPHVH 5HJLRQDO#PXVLF#DQG#,' 3645 *,

98:8/3 4<3; 65555 .5( 5DGLR#3\RQJ\DQJ (QJOLVK ,'#)#3URJUDPPHV 5645 :6

9:<:/9 5679 56655 358 2QGDV#GHO#5LR#0D\R 6SDQLVK 0DOH#DQG#IHPDOH#WDONV 4;45 '&

9<89/8 443< 57665 358 51/D#9R]#GHO#&DPSHVLQR 6SDQLVK 3HUXYLDQ#)RON#6RQJV 4345 ,1

9<89/9 348; 48766 358 5DGLRGLIXVRUD#3DUDWRQ#+XDPDFD 6SDQLVK $/#0XVLF#)#$QGHDQ#)RONORUH 3934 +-.

9<:6/3 537< 68766 ,65 *DOHL#=DKDO +HEUHZ 3RS#0XVLF#DQG#,' 3834 +-.

:453/3 4:34 76666 0'* 9RLFH#RI#WKH#3HRSOH (QJOLVK 3URJUDPPH#RQ#+,9#)#,' 5945 :6

:458/3 497< 77777 586 5DGLR#6DQWHF *HUPDQ 5HOLJLRXV#3URJUDPPH 3:34 +-.

:48</< 366< 76666 $/% 5DGLR#7LUDQD (QJOLVK 3UHVV#5HYLHZ 5345 :6

:4:8/3 3;38 65565 586 5DGLRVWDQWVL\D#7LNK\L#2NHDQ 5XVVLDQ 1HZ#<HDU#3URJUDPPHV 6345 :6

:4;8/3 4573 87676 %*' 5DGLR#%DQJODGHVK/#'KDND (QJOLVK 1HZV#DERXW#86#(OHFWLRQV 3945 *,

:543/3 4<78 76666 $/% 5DGLR#$OEDQLD/#7LUDQD (QJOLVK ,'#)#3URJUDPPHV 5645 :6

:543/3 4373 77766 971 9RLFH#RI#9LHWQDP 9LHWQDPHVH 7DONV#)#3RS#0XVLF 3434 *,

:558/3 3843 67777 325 'HXWVFKH#:HOOH/#6LQHV *HUPDQ ,'#)#&XOWXUDO#3URJUDPPH 5<44 +-.

:578/3 4978 56655 7-. 5DGLR#7DGMLNLVWDQ/#'XVKDQEH (QJOLVK ,'/#1HZV#DQG#7DONV 5745 :6

:583/3 4345 78777 &9$ 5DGLR#9DWLFDQ *HUPDQ 5HOLJLRXV#3URJUDPPH 3934 +-.

:5;8/3 4;63 65665 8=% 5DGLR#7DVKNHQW 8QNQRZQ ,6#DQG#3URJUDPPHV 5745 :6

:5<8/3 5639 55765 0/$ 5DGLR#2QH#/#0DOD\VLD (QJOLVK 1HZV 3;45 =/

:648/3 4853 77766 586 515RVVLL (QJOLVK 1HZV 5745 $.%

:778/3 4:33 77766 586 51#6WDQ1#7VFKHFKHQLD#6YRERGQD# 5XVVLDQ ,'/1HZV#)#0XVLF 3:34 +-.

:7:3/3 458< 75755 01* 5DGLR#)UHH#$VLD 7LEHWLDQ ,'#)#7DONV 3<45 +<

:833/3 5586 67766 %8/ 5DGLR#%XOJDULD/#6RILD (QJOLVK $QVZHULQJ#\RXU#OHWWHUV 4:45 5/

<5;3/3 4873 65555 7:1 :<)5 &KLQHVH 7DONV#)#5HOLJLRXV#3URJUPV1 5745 $.%

<668/3 4<43 55655 .5( 5DGLR#3\RQJ\DQJ (QJOLVK ,QWHUQDWLRQDO#1HZV 3645 +9*

<733/3 366: 76666 %8/ 5DGLR#%XOJDULD/#6RILD (QJOLVK $QVZHULQJ#\RXU#OHWWHUV 4;45 5/

<7;8/3 4875 56655 $/% 7:5 3HUVLDQ 5HOLJLRXV#3URJUDPPHV 5745 $.%

<7<8/3 3677 88866 6 5DGLR#6ZHGHQ (QJOLVK 44WK#6WRFNKROP#)LOP#)HVWLYDO 4:44 5/

<833/3 4<53 66566 $86 5DGLR#$XVWUDOLD/#0HOERXUQH (QJOLVK 3ROLWLFDO#7DONV 5944 +9*

<858/3 3435 56665 ,16 9RLFH#RI#,QGRQHVLD (QJOLVK 2SHQLQJ#$QQ1#)#7DONV 3:34 -<

<868/3 4743 65666 3+/ 5DGLR#9HULWDV#$VLD %HQJDOL 7DON#RQ#&RPSXWHUV#LQ#%*GHVK 4;45 $.%

<873/3 468< 56665 32/ 5DGLR#3RORQLD/#:DUVDZ 5XVVLDQ ,6/,'#)#1HZV 4345 +<

<883/3 4;8< 56665 520 5DGLR#5RPDQLD/#%XFKDUHVW 5XVVLDQ ,6/,'#)#1HZV 3<45 +<

<885/8 3:85 56665 ,16 #55,/#0DNDVVDU ,QGRQHVLDQ #$GYHUWLVHPHQW/#0[#)#,' 6445 -<

<8;3/3 4688 78766 3+/ 5DGLR#9HULWDV#$VLD/#0DQLOD (QJOLVK &KULVWPDV#6RQJV 5745 *,

<933/3 4463 76766 61* 5DGLR#6LQJDSRUH (QJOLVK 1HZV/#%RPE#%ODVW#LQ#0DQLOD 3834 $.%

<963/4 3:47 67666 % 5DGLR#$SDUHFLGD 3RUWXJHVH 6RQJV#DQG#,' 6445 ,1

<983/3 4673 67776 85* (PLVRUD#&LXGDG#GH#0RQWHYLGHR 6SDQLVK 6SRUWV#3[1# 5645 $/6

<988/3 564; 78877 785 9RLFH#RI#7XUNH\/#$QNDUD (QJOLVK ';#&RUQHU 4945 5/

<:58/3 3;8: 67666 % 5DGLR#&OXEH#3DUDQDHQVH 3RUWXJHVH ,'#DQG#&RPPHUFLDOV 6445 ,1

24

<:63/3 3:6: 66665 %50 5DGLR#0\DQPDU (QJOLVK 1HZV 3834 $.%

<:6:/7 343; 65655 35* 5DGLR#1DFLRQDO#/#$VXQFLRQ 6SDQLVK 2UFKHVWUDO#0XVLF#3[1 5;45 :6

<:83/3 4388 68776 - 1+.#5DGLR#/#7RN\R -DSDQHVH <HDU#(QG#+LW#3DUDGH 6445 :%

<:88/3 4438 45655 *8) 1+.#5DGLR#/#7RN\R -DSDQHVH <HDU#(QG#+LW#3DUDGH 6445 :%

<::3/3 3438 76766 &/1 6/%&/#&RORPER (QJOLVK ,'#)#,QVWUXPHQWDO#0XVLF 4;45 5/

<;68/3 4433 56665 - 1+.#5DGLR#/#7RN\R -DSDQHVH <HDU#(QG#+LW#3DUDGH 6445 :%

<;:3/3 3:77 66666 0&2 7:5/#0RQDFR (QJOLVK 9LHZ3RLQW 5745 ,1

<<33/3 4;35 76666 %8/ 5DGLR#%XOJDULD/#6RILD 5XVVLDQ ,'#)#3URJUDPPHV 5645 :6

<<88/3 5563 67665 86$ :50, (QJOLVK :DYHVFDQ#1R1#639 3545 ,1

<<98/3 3663 66665 $50 9RLFH#RI#$UPHQLD 6SDQLVK ,'#DQG#3[1 5345 :6

44735/3 4:88 65665 ,6/ 5LNLVXWYDUSLG/5H\NMDYLN ,FHODQGLF 7DONV 5645 :6

44898/3 3:33 46654 +:+ .:+5/#+DZDLL 8QNQRZQ 86#5HOLJLRXV#6RQJV 4544 :%

448;3/3 4383 57655 *80 .7:5/#$JDQD &KLQHVH 6RQJV#DQG#7DON 5345 =/

44993/3 483; 65556 $86 5DGLR#$XVWUDOLD/#0HOERXUQH (QJOLVK 7DON#RQ#,OOQHVV 3945 +9*

449<3/3 3<8: 77776 &+/ 9R]#&ULVWLDQD 6SDQLVK ,'#DQG#7DONV 3645 *,

44:38/3 4748 56555 3+/ 9RLFH#RI#$PHULFD (QJOLVK ,QWHUQDWLRQDO#1HZV 5844 +9*

44:58/3 3;33 57665 % 5DGLR#1RYDV#GH#3D] 3RUWXJHVH 7DONV/#0XVLF#)#,' 6445 ,1

44:68/5 3348 66665 % 5DGLR#1RYD#9LVDR 3RUWXJHVH 7DONV/%DOODGV/,'/-LQJOHV 3645 5$'

44:73/3 4:53 76776 528 5DGLR#5RPDQLD#,QWO1/#%XFXUHVWL (QJOLVK 3URJUDPPH#)#,' 5945 :6

44:73/3 4348 76666 61* 57(/'XEOLQ (QJOLVK 3[1#2Q#5RQQLH#)ODQXJHQ 3834 $.%

44:93/3 458: 67666 ,16 55,/-DNDUWD ,QGRQHVLDQ ,6/#,'#DQG#1HZV#E\#ZRPDQ 4545 *,

44;38/4 3976 54544 *(2 *HRUJLDQ#5DGLR#/#7ELOLVL (QJOLVK 3URJUDPPHV 6345 :6

44;48/3 4383 57665 - 1+./#7RN\R -DSDQHVH <HDU#(QG#+LW#3DUDGH 6445 :%

44;63/3 3965 56665 528 5DGLR#5RPDQLD#,QWO1/#%XFXUHVWL (QJOLVK 3URJUDPV#)#7DONV 5;45 :6

44;83/3 4443 66665 - 1+./#7RN\R -DSDQHVH <HDU#(QG#+LW#3DUDGH 6445 :%

44;;3/3 4773 66556 &/1 1+./#7RN\R (QJOLVK 7UDGH#7DONV 3945 +9*

44;;8/3 3679 65655 6(< )(%$/#6H\FKHOOHV (QJOLVK :RPDQ#WDON#RQ#-HVXV 4:44 5$'

44<<3/3 468; 57765 69. 5DGLR#6ORYDNLD#,QWO1 5XVVLDQ ,6/,'/1HZV#DQG#7DONV 5:45 +<

45333/3 398< 67776 %8/ 5DGLR#%XOJDULD/6RILD )UHQFK ,6/,'#)#7DONV 6445 -<

45353/3 4335 76666 971 9RLFH#RI#9LHWQDP (QJOLVK 1HZV 3834 $.%

46993/3 5577 78866 %(/ 59,/#%UXVVHOV (QJOLVK %R[#4376/#%UXVVHOV 4:45 5/

469:8/3 3668 66665 8$( 5DGLR#'XEDL (QJOLVK .RUDQ#7UDQVODWLRQV 5345 :6

46:38/3 4443 66776 586 5DGLR#5RVVLL 5XVVLDQ ,'#DQG#3[1 5345 =/

46;43/3 4:33 58775 ' 8QLWHG#0HWKRGLVW&KXUFK#YLD#'7. (QJOLVK $IULFDQ#6RQJ#DQG#,' 3:45 ,1

4837</3 5643 58655 &75 5DGLR#IRU#3HDFH#,QWHUQDWLRQDO (QJOLVK ';03URJUDP#:RUOG#RI#5DGLR 3634 +-.

48433/3 3837 66665 .:7 5DGLR#.XZDLW (QJOLVK 3[1RQ#6KLHNK#$EGXOODK#6DODP 5645 :6

48438/3 378< 67877 586 5DGLR#7DWDUVWDQ/#6W1#3HWHUVEXUJ 7DWDU ,6#DQG#,' 5645 :6

48443/3 3:53 65665 .:7 5DGLR#.XZDLW (QJOLVK 3[1RQ#,QGHSHQGHQW#:RPHQ 3834 $.%

48458/3 5578 76666 ,16 55,/#-DNDUWD ,QGRQHVLDQ 5HOLJLRXV#3URJUDP)#0XVLF 6345 *,

484<3/3 4<3; 66665 3+/ 5DG\R#3LOLSLQDV/#7LQDQJ (QJOLVK 1HZV/#,G#)#%XVLQHVV#5HSRUW 4944 5$'

48588/3 438: 45554 &/1 1+.#5DGLR/#7RN\R -DSDQHVH <HDU#(QG#+LW#3DUDGH 6445 :%

485<3/3 4688 65665 528 5DGLR#5RPDQLD#,QWO1/%XFXUHVWL (QJOLVK 6LJQ#RII 4;45 $.%

48653/3 365: 66877 0'* 5DGLR#9RLFH#RI#+RSH (QJOLVK 7DONV#)#3URJUDPPHV 5645 :6

25

48663/3 475: 56665 *80 .7:5/$JDQD (QJOLVK 6LJQ#2Q#ZLWK#5HOLJLRXV#3[1 4:44 5$'

48698/3 4:3: 66665 528 5DGLR#5RPDQLD#,QWO1/%XFXUHVWL (QJOLVK ,'#DQG#3URJUDPPH 5645 :6

48748/3 4553 56665 &+1 &KLQD#5DGLR#,QWHUQDWLRQDO/#%HLMLQJ (QJOLVK 3URJUDPPH#RQ#5HOLJLRQ 5944 +9*

48758/3 3363 66655 &/1 6/%&/#&RORPER (QJOLVK $OO#$VLD#6HUYLFH 5445 :6

487:8/; 5338 68666 $5* 5DGLR#1DFLRQDO/#6DQ#*DEULHO 6SDQLVK 3RS#0XVLF 5<44 +-.

487;8/3 4:86 77776 ' 8QLWHG#0HWKRGLVW#&KXUFK2-XOLFK (QJOLVK 7HVW#%URDGFDVW#QLFH#YRFDOV 3<45 5$'

48863/3 4933 58665 ' 5DGLR#5DLQERZ#YLD#'7./-XOLFK (QJOLVK ,6/,'#)#(WKRSLDQ#VRQJ 3445 ,1

489;8/3 4654 66666 86$ 5DGLR#::&5#,QWO1/ (QJOLVK 5HOLJLRXV#3URJUDPPHV 3645 +9*

48;53/3 3448 57775 $5* /59#5DGLR#0LWUH/#%XHQRV#$LUHV 6SDQLVK 0XVLF#)#,' 5845 $/6

4:7;8/3 4578 77666 ' 'HP1#9RLFH#RI#%XUPD#YLD#'7. %XUPHVH 7DONV#E\#ZRPDQ 3834 $.%

4:848/3 4733 76776 &9$ 5DGLR#9DWLFDQ (QJOLVK 3DUDEOH#6WRU\ 4;45 $.%

4:853/3 3<73 68777 3$. 5DGLR#3DNLVWDQ 8UGX )RONORUH#DQG#2UFKHVWUD 3445 +-.

4:878/3 4:44 76666 ,65 ,%$/#-HUXVDOHP (QJOLVK 1HZV#3URJUDPPH 5945 :6

4:993/3 4<55 55665 (4$ +&-%/#4XLWR (QJOLVK 6RFLDO#7DONV 5944 +9*

4:9;3/3 4783 78877 -25 5DGLR#-RUGDQ/$PPDQ (QJOLVK 3[#RQ#0XVOLP#IDLWK 3645 5$'

4:9;3/3 4733 76676 ) 5DGLR#)UDQFH#,QWHUQDWLRQDO (QJOLVK 1HZV 5745 $.%

4:::3/3 483: 65556 $)6 &KDQQHO#$IULFD/#0H\HUWRQ# (QJOLVK 7DONV#RQ#(OHFWLRQ 3945 +9*

4:;58/3 5468 88666 - 5DGLR#-DSDQ/#1+. (QJOLVK :HHNHQG#6TXDUH 4:45 5/

4:;98/3 495; 77777 &$1 5DGLR#$XVWULD#,QWO1/#9LHQQD (QJOLVK /HWWHU#IURP#$XVWULD 5645 :6

4:;:3/3 4;78 56655 $)6 &KDQQHO#$IULFD/#0H\HUWRQ# (QJOLVK 0XVLF 3545 +9*

54858/3 493: 57665 86$ :<)5 (QJOLVK 5HOLJLRXV#3URJUDPPHV 4645 +9*

54883/3 3;86 77777 &9$ 5DGLR#9DWLFDQ (QJOLVK ,'/)UHTXHQF\#)#6SDQLVK#$QQ 3434 *,

54988/3 4438 68766 325 5'3#,QWHUQDFLRQDO 3RUWXJHVH 7DONV#DQG#SRSXODU#VRQJV 6344 ,1

549:3/3 3:63 67776 ),1 5DGLR#)LQODQG/#+HOVLQNL (QJOLVK ,'#)#7DONV 4345 +<

54:48/3 3848 76666 785 9RLFH#RI#7XUNH\/#$QNDUD 7XUNLVK 7XUNLVK#6RQJV 3834 $.%

54:58/3 4643 67766 $)6 &KDQQHO#$IULFD/#0H\HUWRQ# (QJOLVK 7DON#DERXW#:DU 3645 +9*

54:68/3 3848 65555 8$( #8$(#5DGLR/#$EX#'KDEL $UDELF &KDQWV 3834 $.%

54;53/3 4434 56655 $86 5DGLR#$XVWUDOLD/#0HOERXUQH (QJOLVK ,QWHUQDWLRQDO#1HZV 4445 +9*

58<83/3 4943 65555 86$ .*21 (QJOLVK &RQWLQRXV#5HJJDH#0XVLF 5:44 5$'

------------------------------------------------------------------------------------

7KDQNV#D#ORW#IRU#\RXU#FRQWULEXWLRQV=

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

26

:% = :ROIJDQJ#%XHVFKHO/#6WXWWJDUW/#*HUPDQ\1#$25#$5:363/6RQ\#,&)#5343/.HQZRRG#504333/'UDNH#63507#ZLWK#45#PHWUHV#ORQJ#ZLUH:6 = :DOW#6DOPDQLZ/#4XHHQ#&KDUORWWH#,V1/%&/&DQDGD#$25#:363#3OXV#ZLWK#53#PHWUHV#ORQJ#ZLUH=/ = =DFKDULDV#/LDQJDV/#7KHVVDORQNL/#*UHHFH#ZLWK#/RZH#+)0483/#621<#,&)#:933'/#<XSLWHUX#097#:433

------------------------------------------------------------------------------------

'HDU#)ULHQGV/

)LUVWO\#ZHOFRPH#WR#WKH#ILUVW#LVVXH#RI#WKH#QHZ#0LOOHQLXP1

7KH#ZLQWHU#LQ#WKH#QRUWKHUQ#KHPLVSKHUH#DORQJ#ZLWK#WKH#KROLGD\#VHDVRQ#KDV#EURXJKW#DERXW#D#VSXUW#LQ#WKH';0LQJ#DFWLYLW\#ZLWK#PDQ\#H[FLWLQJ#ORJV#EHLQJ#UHSRUWHG#WKLV#PRQWK1

:H#GR#QRW#KDYH#DQ\#ORJJLQJV#LQ#WKH#0HGLXP#:DYH#VHFWLRQ#WKLV#PRQWK1#$OVR#ORJJLQJV#RI#SLUDWH#VWDWLRQVDUH#QRW#LQFOXGHG#EHFDXVH#RI#WKHLU#XQFHUWDLQ#EURDGFDVW#VFKHGXOHV1

,#ZRXOG#UHTXHVW#RXU#FRQWULEXWRUV#WR#SOHDVH#XVH#6,132#UDWLQJV#ZKLOH#HYDOXDWLQJ#VLJQDO#TXDOLW\#DV#LW#KHOSVWR#FRPSLOH#WKLV#/2*%22.#PRUH#HIIHFWLYHO\1#:KHUHYHU#D#ORJJLQJ#GRHV#QRW#FRQWDLQ#D#6,132#,#WU\#WRSURYLGH#EXW#LW#PD\#QRW#EH#SUHFLVH1#,#ZHOFRPH#\RXU#VXJJHVWLRQV#DW#P\#(0PDLO#DGGUHVV1

$Q\RQH#ZKR#GRHV#QRW#KDYH#DFFHVV#WR#(0PDLO#PD\#VHQG#LQ#KLV#ORJV#DQG#VXJJHVWLRQV#DOVR#E\#QRUPDO#PDLOHLWKHU#GLUHFWO\#WR#P\#DGGUHVV#LQ#,QGLD#RU#WR#WKH#::';&#KHDGTXDUWHU#DGGUHVV#LQ#*HUPDQ\1

:6*V#IURP#\RXU#(GLWRU/

$VKRN##.XPDU##%RVH

RRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR

(EHUKDUG#$KO#KDV#VHQW#XV#D#PHGLXPZDYH#VFDQ/#ZKLFK#KH#KDV#PDGH# LQ# WKH#PRQWK#RI#'HFHPEHU#DW#KLVORFDWLRQ#LQ#0DLQ]/#*HUPDQ\#+UHFHLYHU=#*UXQGLJ#6DWHOOLW#983#)#.HQZRRG#5#8333/#DQWHQQD=#58P#ORQJZLUH#)<DHVX#)5$#::33,=

)UHT1 #87& 6,132 ,78 6WDWLRQ /DQJ1 'HWDLOV 'DWH864/3 5543 66666 $/* 57$#$OJLHU $ 7DON#E\#5#2PCV/#450 3<45873/3 5548 77666 +1* 05#4#6ROW 91 7DON#E\#20/#3;#E\#</ 3<4587</3 537< 66666 ' '/)#.|OQ ' $QQlKHUXQJ/#'LDORJ 634588;/3 5553 77777 68, 65#4#0RQW#6LQHUL , ,'/)RONO#0;/&RXQWU\#0; 3<4589:/3 5558 66676 ,5/ 57(#4 91 6KDQWL#6RQJ#E\#20 3<458:9/3 555< 77777 ' 6:5#4# ' 3RS2OGLH#+6WUHHWV#RI#/RQGRQ, 3<458;8/3 5564 66676 $56 %6.6$#5KL\DG+WHQW, $ 7DON#E\#5#20�V/4500(# 3<458;8/3 4943 66666 ( 51(#0DGULG 6 7DON#E\#20/#,'/#-LQJOH 58458<7/3 4:78 77788 ' +5#4 ' 3DSVWVHJHQ#ZHOWZHLW 5845936/3 4938 55565 781 (557#6RXVVH $ 0XH]LQJHVDQJ/450#¤)0 5845945/3 5574 67777 %,+ 51#6DUDMHYR 91 #)RON#0;/#450#¤#,5/ 3<45954/3 5583 67777 %(/ 57%)#4#:DYUH ) &KDQVRQ/#7DON#E\#</ 3<45963/3 5633 65555 * %%&#"" ( ,'#XQNODU/#)RONO#0;/#7DON 3<4596</3 4:83 77777 &=( &5#5#3UDJ 91 /RNDO#0;/#7DON 584596</3 5635 66666 ( 51(#4 6 ,'/#6SRUW#QHZV 3<4597;/3 5443 67776 * %%&#:6 ( 7DON#DERXW#86$ 494598:/3 5448 66666 , 5$,##812 , 6SRUW#QHZV/#3HUXJLD 4945999/3 5453 66666 ' 6:5#7 ' 6FKODJHU#3;/#450#( 49459:8/3 4933 66666 +2/ 517HHQ#*ROG '87&+ 6RQJ#E\#<//#,' 5845

27

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��H 5845;43/3 5343 66666 0.' 570#4#6RSMH 91 7DDON#E\#20#)#</ 4845;4</3 5348 66676 (*< 51#.DLUR $ )RON#*HVDQJ#E\#</ 4845;5;/3 4567 56555 ' 6:5#7#)UHLEXUJ ' *UX�06HQGXQJ/#,' 5845;5;/3 4;36 67776 +2/ &ODVLF#5RFN#5DGLR '87&+ ,'/#323#0; 5845;6:/3 4563 66666 ) 7')#51#%OXH ) 7DON#E\#20=0DUVHLOOH 5845;79/3 5353 67776 , 5$,#'XH , /LYH#3;#E\#5#20�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

433;/3 536; 66666 +2/ 126#8)OHYRODQG '87&+ 7DON/#3RS#0;/#7UHOHIRQ 6345434:/3 4468 77888 ' 6:5#4#:ROIVKHLP ' 3RS#0; 58454359/3 5388 55555 ( 6(5#""" 6 7DON#3;#E\#20 63454368/3 5363 67776 , 5$,#'XH#%RORJQLD ,7$/ 7DON#E\#5#20�V/#,' 63454377/3 4<66 66666 *5& (5$#4#7KHVDOLQNL 91 7DON/#+LUWHQ#0; 63454386/3 4<6; 67776 * %%&#7DON#5DGLR ( ,QWHZUZLHY#E\#</)#20 63454395/3 4463 67776 '1. '5#526 91 ;00DV#0;/#,'/#7DON 584543:4/3 5433 56665 ( 51#(X]NDGL#%LOEDR 6 76/#,'/#-LQJOH/#QHZV 634543;</3 4<83 67776 * %%&#7DO#5DGLR ( 7DON#3;#E\#20 634543<;/3 5663 66666 69. 65#7#1LWUD 91 /RNDO1HZV#E\#2P 5<45443:/3 4453 77777 ' $)1 ( 7KDQNV#*LYLQJ#E\#4XHHQ 58454449/3 5659 6666 , 5$,#"""" ,7$/ 7DON#E\#520�V 5<454458/3 4<88 66666 +59 +57#4#'HDQRYHF 91 )ORWWH#LQVWU1#0[224467 63454467/3 5453 77777 +59 +5#4#=DGDU 91 &KULVWPHVVH/#224458 57454476/3 5333 67777 ' $)1#.OHLQVHQGHU ( 6SRUWQHZV#,' 6345

28

4485/3 556< 55666 * /%&#/RQGRQ ( 7DON#3;/#450#¦(§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¦$GDPR§ 57454584/3 5343 56665 /%< /-%#7ULSROLV $ $UDE#)RONO1#*HVDQJ 63454593/3 5639 66666 ( 6(5#"""" 6 7DON#QE\#520�6/#,' 5<45459</3 4;53 66666 ' '/)#1HX�QVWHU ' 6FKOLH�XQJ=7FKHUQRELO 484545:;/3 4;46 67776 ) 7')#$OVDFH ) &KDQVRQ/P#7DON 484545;:/3 5348 67766 &=( &5#9#GLY1 91 :RUW#3[#%\#20 634545<9/3 5633 66666 ( 51#3RSXODU#9DOHQFLD 6 6SRUW07DON#/#,'/#$QQV 5<454665/3 5483 7777 , 5$,#8QR 91 ,WDVOR#3RS#6RQJV/#7DON 44454674/3 5478 67666 * %%&#518OVWHU ( ,'/#7HOHIRQ/#(00DO0DGU1 4445468</3 5588 67776 ( 51(#4#GLY 6 7DON#3;#E\#20 5<45469;/3 5553 66766 , 5$,#6#""" 91 7HOHIRQWDON/,'/,QVWU10[ 474546::/3 5473 67777 ) 7')#51#%OXH/#/LOOH ) ,'/#&KDQVRQ#0; 444546;9/3 5469 67676 ( 91R15XVVLD ( 7DON#E\#20/6RQJ#E\</ 444546<8/3 5358 77777 $/% (5)#YLD#7LUDQD GLY1 3[#WR#$VLD 63454737/3 5583 65656 8.5 85#5#'LYHUV#47+CV 5866 7DON#.ODYLHU#0;/#4500)0 5<454746/3 5463 56666 ( 51#9LJR 6 .ODUH#,'/#1HZV#E\#20 44454746/3 5543 67776 * %%&0#51#/RQGRQ ( .ODUH#,'/#7DON/#3RS#0; 47454764/3 5453 66666 ' 0HJD#UDGLR ' 3RS0;#7DON 44454773/3 5443 77777 /8; 57/#5DGLR ' 3RS#2OGLV#93C:3C-DKUH 4445477</3 5439 66666 , 5$,#'XH 91 7DON#E\#<//#323#0; 4445478;/3 5355 67777 * 6XQULVH#UDGLR ( 7DON#E\#</)20/#323 6345479:/3 5437 77777 0&2 (5)#4 ' 81#%XFK#0RVHV#/HVXQJ 444547:9/3 5433 67777 $87 52,#:LHQ (2'2+1* ,'/#LQVWU1#0; 444547;8/3 5388 56565 ( 8QLG 6 7DON#3;+2QGD,#E\#20 444547<7/3 5533 67777 ) 7')#1%OXH ) &KDQVRQ#0; 47454845/3 5383 77777 %(/ 51#9ODDDQGHUHQ#,QWHU ( (8#*LSIHO#5HSRUW 44454845/3 5478 77777 %(/ 519ODQGHUHQ#,QWHU ( 5HS1#R1&QHVHW 47454854/3 5533 77777 $56 %6.6$#5KL\DG $ -LQJOH/#7DON#E\#20 43454854/3 5669 66666 ( 6(5#"" 6 7DON#E\#520�V#6SRUW 55454863/3 5568 77777 &9$ 51#9DWLNDQ , 7DON#E\#3DROR#0RDWRLQL 4945486</3 5488 77777 ' (5)#5 ' 3UHGLJW#=#7KHR#/HKPDQQ 4345487;/3 5478 77766 * 51&DSLWRO#*ROG ( 3RS#2OGLC6#/#7DON 4345488:/3 4<53 66666 ) 7')#%OXH ) &KDQVRQ#0;/#7DONE\20 4:45488:/3 5366 67777 ) 7')#51#%OXH ) 6FKODJHU#0;/#,'#7DON# 4<454899/3 5483 57776 * &RXQW\#6RXQG#5DGLR ( 2OGL#0;/#,' 474548:8/3 5333 67666 ' 0HJD#5DGLR ' ,'/#3RS#0; 4<4548:8/3 5558 66666 , 5$,#812 , 7DON#E\#]ZHL#20�V# 494548<6/3 4<87 67777 ' 51#6ZRERGD <8* ,'/#0;/#7DON#RYHU#<8* 4<454935/3 4<79 57666 ( 51#(X]NDGL 6 7DON#E\#5#20�V 4<454944/3 4<63 67777 &9$ 51#9DWLNDQ 'DQVN ,'/#,6/#7DON#E\#<//#0; 4<454969/; 554; 67776 3,5 51#%DURQHVV '87&+ ,'/#323#0; 49454976/3 556; 66666 3,5 81,' '87&+ 3RS#2OGLHV/#QR#,' 5<45

29

46/#&251(5

(GLWRU=###5LFKDUG#/HPNH/#93#%XWWHUILHOG#&UHVFHQW/#6W1#$OEHUW/#$OEHUWD/#7;1#5::/#&$1$'$

&RXQWU\ 6WDWLRQ 46/ 7LPH 25* 5HPDUNV 20$ODVND .1/6 & ;:#G <1948 0+$ODVND 51#)UHH#$VLD/#UHOD\ / 94#G 4418<3 0+$OEDQLD 5DGLR#7LUDQD & 76#G #91448# 0+$OEDQLD 5DGLR#7LUDQD & 66#G <1853 0+$OEDQLD 7:5/#5HOD\ & :6#G 441958 Y2V/#0UV1#$OOX#6IXDOH#'RERV1 0+$QJXLOOD &DULEEHDQ#%HDFRQ & 9:#G 441::8 0+$QWLJXD %%&#:6/#5HOD\ / 4:#G 4:1;73 Y2V/#'DYLG#*HRUJH 0+$UPHQLD 9RLFH#RI#$UPHQLD & 466#G <1<98 0+

$VFHQVLRQ#,V1 57(/#5HOD\ & 46#G 4:1;;8 0+$VFHQVLRQ#,V1 %%&#:6#5HOD\ / 95#G 4513<8 Y2V/#1LFROD#1LFKROOV1 0+$VFHQVLRQ#,V1 57(#UHOD\#YLD#0HUOLQ & 56#G 541963 0+$VLDWLF#5XVVLD 'HXWVFKH#:HOOH#5HOD\ & :<#G 451333 Y2V/#+RUVW#6FKRO] 0+$VLDWLF#5XVVLD 9RLFH#RI#5XVVLD & 7;#G 481758 0+$VLDWLF#5XVVLD 9RLFH#RI#9LHWQDP#5HOD\ & 94##G :1583 0+

$71 59,/#%RQDLUH#5HOD\ & ;7#G <1888 0+$71 59,/#UHOD\ & 8<#G 481898 0+$71 59,/#UHOD\1 & 5<#G 481898 0+

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

6DFNYLOOH/#UHOD\/ 5;#G 4:1;:3 0+

&DQDGD 5DGLR#&DQDGD#,QW1 & 48G 81<93 Y2V/#%LOO#:HVWHQKDYHU 0+&DQDGD 5DGLR#-DSDQ/#UHOD\ & 6;#G 91478 Y2V/#<RVKLNL#)XVKLPL 0+&DQDGD 57(#5HOD\ & ;4#G 461:78 0+&KLQD &KLQD#5DGLR#,QW1 & 5:#G 441983 0+

&RVWD#5LFD $:5#/DWLQ#$PHULFD & 486#G <1:58 0+&RVWD#5LFD 5DGLR#)RU#3HDFH#,QW1 / 493#G 581<63 Y2V/#-DPHV#/DWKDP1 0+&RVWD#5LFD 5((/#UHOD\ & 435#G 81<:3 0+

&XED 5DGLR#+DYDQD#&XED & ::#G 46:83 0+&\SUXV &<%& & 44#G <1:93 Y2V#3DYORV#6RWHULDGHV1 0+

&]HFK#5HSXEOLF 5DGLR#3UDJXH & 4;#G 441933 0+&]HFK#5HSXEOLF 5DGLR#3UDJXH & 4<#G :1678 0+(FXDGRU &KULVWLDQ#';#&LUFOH#YLD#+&-% & 4;#G <1:78 Y2V/#&KULVWHU#%UXQVWURP1 0+(FXDGRU ';#WRSLFV#YLD#+&-% & 9;#G 4:1:<8 0+(FXDGRU +&-% & 680497#G <1:78 Y2V/#-RKQ#(1#%HFN 0+(QJODQG 5DGLR#-DSDQ#5HOD\ & 74#G 481448 Y2V/#$1#-LQJX1 0+(QJODQG 5&,/#UHOD\ & 48#G 4:1;53 0+(QJODQG 57(#5HOD\#YLD#0HUOLQ & 58#G 481648 0+

30

(QJODQG 57(#UHOD\#YLD#0HUOLQ & 54#G 91488 0+(QJODQG :DOHV#5DGLR#,QW#YLD#012 / ::#G 91343 Y2V#'RQQ\#2*%ULHQ 0+

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

*XDWHPDOD /$#9R]#(YDQJHOLFD / "#G 71;53 Y2V/#0RGHVWR#3DOPD 0++DZDLL $)576 / RQH#GD\ 43653#XVE 0U1#0LFKDHO#)RXWFK/#&KLHI

%URDGFDVW#2SHUDWLRQV#6SHF1'&

+DZDLL 48(#+XRQJUDGLR#YLD#.:+51 / 55#G 4:1843 .+2,/#0DQDJHU1 0+,FHODQG 5,.,#6879$53,' & 44#G 441735 0+,FHODQG 5LNLVYWYDULG & 63#G 461;93 0+,16 51&HQGUDZDVLK &/#/ 4395#.K] 92V/#,GD/#$161 -<,16 513,3266 &/#/ 78#G :<5#.K] Y2V/#$JXV#$PER#'MHWWD/#'LUHNWXU1 -<

7KDQNV#WR#RXU#5HSRUWHUV=

-< -XLFKL#<DPDGD/#-DSDQ#+-HPEDWDQ#';#(GLWRU,##0##:HOFRPH$'& 'DQLHOH#&DQRQLFD/#6ZLW]HUODQG1##5;#-5&#15'0868#+)#ZLWK#63#P#/:#DQWHQQD0+ 0DUN#+XPHQ\N#RI##:HVWRQ/#2QWDULR1#0DJQDYR[#'05<68=/ =DFKDULDV#/LDQJDV/#7KHVVDORQLNL/#*UHHFH1##/RZH#+)#483/#6RQ\#,&):933#'##+:HOFRPH,

+FRQWLQXHG#LQ#';#0$*$=,1(#525334,

RRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR

3$66,1*#2)#+(5%(57#.8+1/(

,*P#YHU\#VRUU\#WR#LQIRUP#RXU#PHPEHUV#WKDW#RXU#ROG#IULHQG/#(QJLQHHU#+HUEHUW#.XKQOH#XQH[SHFWHGO\GLHG#RQ#'HFHPEHU# 58WK#DW# WKH#DJH#RI# :71#+H# KDG#ZRUNHG#DV# IUHTXHQF\#SODQQHU#DW# 5DGLR$XVWULD#,QWHUQDWLRQDO#DQG#KH#NHSW#WKH#FRQWDFW#WR#WKH# OLVWHQHUV#RI#5DGLR#$XVWULD#,QWHUQDWLRQDO#DOVRDIWHU#KH#KDG# UHWLUHG1#+HUEHUW*V#ZRUN#DQG# ODWHU#KREE\#ZDV#WR#H[FKDQJH#WDSHV#ZLWK#UDGLR#IULHQGV/DQG#KH#NHSW#DQVZHULQJ#WKH# OHWWHUV#DQG#WDSHV#VHQW#WR#5DGLR#$XVWULD# ,QWHUQDWLRQDO#DOVR#GXULQJ#KLVUHWLUHPHQW#\HDUV1

2XU#FRQGROHQFHV#JR#WR#KLV#ZLIH#+HUPLQH#DQG#WKHLU#FKLOGUHQ#DQG#JUDQGFKLOGUHQ1

+0LFKDHO#%HWKJH,

31

3LF14=#20$1#5DGLR#DW#3433#87&#RQ#<:93#N+]/#EHDP#648#GHJUHHV1

6:#5HFHSWLRQ#3URSDJDWLRQ#RI#20$1#5DGLR

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

'DWD#,QSXW#WR#92$$5($#+KWWS=22HOEHUW1LWV1EOGUGRF1JRY2KI1KWPO,=0RQWK=#)HEUXDU\#533416XQVSRW#QXPEHU=#661# #446+KWWS=22ZZZ1LSV1JRY1DX2SDSHUV2ULFKDUG2VVQSUHG1KWPO,17UDQVPLWWHU#SRZHU=#433#N:17UDQVPLWWHU#DQWHQQD=#+52525231815HFHLYHU#WHOHVFRSLF#DQWHQQD=#1R#EHDP1#*DLQ#3#GE1:RUOG#PDS=#6KRZLQJ#PHGLDQ#ILHOG#VWUHQJWK#GE8#DW#UHFHLYHU#ORFDWLRQ1

32

3LF15=#20$1#5DGLR#DW#4:33#87&#RQ#48473#N+]/#EHDP#648#GHJUHHV1

3LF16=#20$1#5DGLR#DW#5433#87&#RQ#<:63#N+]/#EHDP#648#GHJUHHV1