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83)*0 M&8 6IEHMRK

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8]TI -RJIVIRGI 5YIWXMSRW

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-RJIVIRGI UYIWXMSRW [MPP YWYEPP] MRGPYHI XLI [SVH MRJIV WYKKIWX SV MQTP]

F ;LMGL SJ XLI JSPPS[MRK GER FI MRJIVVIH EFSYX <#

F 8LI EYXLSV SJ XLI TEWWEKI MQTPMIW XLEX <

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F 1EOI WYVI ]SYV ERW[IV HSIW RSX GSRXVEHMGX XLI QEMR MHIE SJ XLI TEWWEKI

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;LMGL SJ XLI JSPPS[MRK GER FI MRJIVVIH JVSQ TEVEKVETL EFSYX GERHPIW FIJSVI XLI RMRIXIIRXL GIRXYV]#

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83)*0 M&8 6IEHMRK

-R XLI JMVWX WIRXIRGI JVSQ XLI I\GIVTX XLI EYXLSV WE]W XLEX qRI[ HMWGSZIVMIW ERH MRZIRXMSRWr QEHI qPMKLXMRK EZEMPEFPI XS EPP r 8LI SRP] OMRH SJ PMKLXMRK HMWGYWWIH MR XLI TEWWEKI MW GERHPIW -J XLI RI[ HMWGSZIVMIW [IVI MQTSVXERX FIGEYWI XLI] QEHI GERHPIW EZEMPEFPI XS EPP [I GER MRJIV XLEX FIJSVI XLI HMWGSZIVMIW GERHPIW [IVI RSX EZEMPEFPI XS IZIV]SRI 8LIVIJSVI GLSMGI MW ER MRJIVIRGI EFSYX GERHPIW [I GER QEOI JVSQ XLI TEWWEKI 'LSMGIW ERH GER FI IPMQMREXIH FIGEYWI XLI] I\TPMGMXP] GSRXVEHMGX XLI TEWWEKI qXLI YWYEP WQSOIr ERH qVERGMH SHSVr 'LSMGI GER FI IPMQMREXIH FIGEYWI WYPJYVMG EGMH [EW JMVWX YWIH XS QEOI WXIEVMR MR XLI RMRIXIIRXL GIRXYV] RSX FIJSVI XLI RMRIXIIRXL GIRXYV]

8]TI 6LIXSVMGEP 4YVTSWI 5YIWXMSRW

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7SQIXMQIW ]SY [MPP FI EWOIH XS MHIRXMJ] LS[ SRI TEVEKVETL VIPEXIW XS ERSXLIV *SV MRWXERGI XLI WIGSRH TEVEKVETL QE] KMZI I\EQTPIW XS WYTTSVX E WXEXIQIRX MR XLI JMVWX TEVEKVETL 8LI ERW[IV GLSMGIW QE] FI I\TVIWWIH MR KIRIVEP XIVQW JSV I\EQTPI qE XLISV] MW I\TPEMRIH ERH XLIR MPPYWXVEXIHr SV MR XIVQW XLEX EVI WTIGMJMG XS XLI TEWWEKI q8LI EYXLSV I\TPEMRW XLI GEXIKSVMIW SJ EHETXEXMSR XS HIWIVXW F] QEQQEPW ERH XLIR KMZIW ER I\EQTPI r

% 6LIXSVMGEP 4YVTSWI UYIWXMSR QE] EPWS EWO [L] XLI EYXLSV UYSXIW E GIVXEMR TIVWSR SV [L] XLI EYXLSV QIRXMSRW E TEVXMGYPEV TMIGI SJ MRJSVQEXMSR )\EQTPI

;L] HSIW XLI EYXLSV QIRXMSR qXLI EFMPMX] XS KVEWT E TIRGMPr# 'SVVIGX ERW[IV -X MW ER I\EQTPI SJ E QSXSV WOMPP HIZIPSTIH F] GLMPHVIR EX XS QSRXLW SJ EKI

8LIWI EVI I\EQTPIW SJ XLI [E] 6LIXSVMGEP 4YVTSWI UYIWXMSRW EVI X]TMGEPP] [SVHIH

F 8LI EYXLSV HMWGYWWIW < MR TEVEKVETL MR SVHIV XS

F ;L] HSIW XLI EYXLSV QIRXMSR <#

F 8LI EYXLSV YWIW < EW ER I\EQTPI SJ

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qXS MPPYWXVEXI r qXS I\TPEMR r qXS GSRXVEWX r qXS VIJYXI r qXS RSXI r qXS GVMXM

GM^I r qJYRGXMSR SJ r

F6LIXSVMGEP 4YVTSWI UYIWXMSRW YWYEPP] HS RSX EWO EFSYX XLI SZIVEPP SVKER M^EXMSR SJ XLI VIEHMRK TEWWEKI -RWXIEH XLI] X]TMGEPP] JSGYW SR XLI PSKM GEP PMROW FIX[IIR WIRXIRGIW ERH TEVEKVETLW

83)*0 M&8 6IEHMRK

)\EQTPI 4%77%+) )<')648 q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q

;L] HSIW XLI EYXLSV HMWGYWW XLI FVSR^I WXEXYIW SJ LSVWIW GVIEXIH F] EVXMWXW MR XLI IEVP] -XEPMER 6IREMWWERGI#

8S TVSZMHI ER I\EQTPI SJ E TVSFPIQ VIPEXIH XS XLI PE[W SJ TL]WMGW XLEX E JMRI EVXMWX QYWX SZIVGSQI 8S EVKYI XLEX JMRI EVXMWXW EVI YRGSRGIVRIH [MXL XLI PE[W SJ TL]WMGW 8S GSRXVEWX XLI VIPEXMZI WSTLMWXMGEXMSR SJ QSHIVR EVXMWXW MR WSPZMRK TVSFPIQW VI PEXIH XS XLI PE[W SJ TL]WMGW 8S RSXI ER I\GITXMSREP TMIGI SJ EVX GSRWXVYGXIH [MXLSYX XLI EMH SJ XIGLRSPSK]

=SY WLSYPH RSXI XLEX XLI WIRXIRGI XLEX JMVWX QIRXMSRW qFVSR^I WXEXYIW SJ LSVWIWr FIKMRW q*SV I\EQTPI r 8LI EYXLSV MW KMZMRK ER I\EQTPI SJ WSQIXLMRK LI LEW MRXVSHYGIH IEVPMIV MR XLI TEVEKVETL 8LI TEVEKVETL SZIVEPP GSRXVEWXW LS[ XLI GSRWXVEMRXW SJ TL]WMGEP PE[W EJJIGX XLI JMRI EVXW HMJJIVIRXP] JVSQ ETTPMIH EVXW SV GVEJXW 8LI JMRI EVXMWX MW RSX GSRGIVRIH [MXL QEOMRK ER SFNIGX XLEX MW YWIJYP WS LI SV WLI MW PIWW GSRWXVEMRIH XLER XLI ETTPMIH EVXMWX ,S[IZIV FIGEYWI IZIR E JMRI EVXW SFNIGX MW QEHI SJ WSQI QEXIVMEP XLI EVXMWX QYWX XEOI MRXS EGGSYRX XLI TL]WM GEP TVSTIVXMIW SJ XLI QEXIVMEP -R XLI TEWWEKI XLI EYXLSV YWIW XLI I\EQTPI SJ XLI FVSR^I WXEXYIW SJ LSVWIW XS HMWGYWW LS[ EVXMWXW LEH XS MRGPYHI WSQI WYTTSVX JSV XLI VEMWIH JSVIPIK SJ XLI LSVWI FIGEYWI SJ XLI TL]WMGEP TVSTIVXMIW SJ XLI FVSR^I 7S XLI GSVVIGX ERW[IV MW GLSMGI

8]TI :SGEFYPEV] 5YIWXMSRW

8LIWI UYIWXMSRW EWO ]SY XS MHIRXMJ] XLI QIERMRKW SJ MRHMZMHYEP [SVHW ERH TLVEWIW EW XLI] EVI YWIH MR XLI VIEHMRK TEWWEKI E [SVH QMKLX LEZI QSVI XLER SRI QIER MRK FYX MR XLI VIEHMRK TEWWEKI SRP] SRI SJ XLSWI QIERMRKW MW VIPIZERX :SGEFY PEV] XLEX MW XIWXIH EGXYEPP] SGGYVW MR XLI TEWWEKI XLIVI MW RS qPMWX SJ [SVHWr XLEX QYWX FI XIWXIH 9WYEPP] E [SVH SV TLVEWI MW GLSWIR XS FI XIWXIH EW E ZSGEFYPEV] MXIQ FIGEYWI YRHIVWXERHMRK XLEX [SVH SV TLVEWI MW MQTSVXERX XS YRHIVWXERHMRK E PEVKI SV MQTSVXERX TEVX SJ XLI TEWWEKI 3R XLI 83)*0 M&8 WSQI [SVHW MR XLI TEWWEKI XLEX EVI YRYWYEP XIGLRMGEP SV LEZI WTIGMEP QIERMRKW MR XLI GSRXI\X SJ XLI XSTMG EVI HIJMRIH JSV ]SY -J ]SY GPMGO SR XLI [SVH MR XLI TEWWEKI E HIJMRMXMSR

83)*0 M&8 6IEHMRK

[MPP ETTIEV MR E FS\ -R XLMW FSSO [SVHW SJ XLMW X]TI EVI HIJMRIH EX XLI IRH SJ XLI TEWWEKI 2EXYVEPP] [SVHW XLEX EVI XIWXIH EW ZSGEFYPEV] UYIWXMSRW EVI RSX HIJMRIH JSV ]SY

:SGEFYPEV] UYIWXMSRW EVI YWYEPP] IEW] XS MHIRXMJ] =SY [MPP WII SRI [SVH SV TLVEWI LMKLPMKLXIH MR XLI TEWWEKI =SY EVI XLIR EWOIH E UYIWXMSR PMOI XLMW

F 8LI [SVH < MR XLI TEWWEKI MW GPSWIWX MR QIERMRK XS

-R XLI GEWI SJ E TLVEWI XLI UYIWXMSR QMKLX FI

F-R WXEXMRK < XLI EYXLSV QIERW XLEX

F 6IQIQFIV XLEX XLI UYIWXMSR MW RSX NYWX EWOMRK XLI QIERMRK SJ E [SVH MX MW EWOMRK JSV XLI QIERMRK EW MX MW YWIH MR XLI TEWWEKI (S RSX GLSSWI ER ERW[IV NYWX FIGEYWI MX GER FI E GSVVIGX QIERMRK SJ XLI [SVH YRHIV WXERH [LMGL QIERMRK XLI EYXLSV MW YWMRK MR XLI TEWWEKI

F 6IVIEH XLI WIRXIRGI MR XLI TEWWEKI WYFWXMXYXMRK XLI [SVH SV TLVEWI ]SY LEZI GLSWIR 'SRJMVQ XLEX XLI WIRXIRGI WXMPP QEOIW WIRWI MR XLI GSRXI\X SJ XLI [LSPI TEWWEKI

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8LI [SVH PSGSQSXMSR MR XLI TEWWEKI MW GPSWIWX MR QIERMRK XS

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QSZIQIRX

WYVZMZEP

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E [E] SJ VIWXEXMRK XLI TLVEWI qXLI XEWO SJ QSZMRKr MR XLI TVIGIHMRK WIRXIRGI 7S

XLI GSVVIGX ERW[IV MW GLSMGI

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-R WXEXMRK XLEX XLI ZMGXMQ [MPP WYJJIV TEVEP]WMW XLI EYXLSV QIERW XLEX XLI ZMGXMQ [MPP

PSWI XLI EFMPMX] XS QSZI

FIGSQI YRGSRWGMSYW

YRHIVKS WLSGO

JIIP KVIEX TEMR

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83)*0 M&8 6IEHMRK

8]TI 6IJIVIRGI 5YIWXMSRW

8LIWI UYIWXMSRW EWO ]SY XS MHIRXMJ] VIJIVIRXMEP VIPEXMSRWLMTW FIX[IIR XLI [SVHW MR XLI TEWWEKI 3JXIR XLI VIPEXMSRWLMT MW FIX[IIR E TVSRSYR ERH MXW ERXIGIHIRX XLI [SVH XS [LMGL XLI TVSRSYR VIJIVW 7SQIXMQIW SXLIV OMRHW SJ KVEQQEXMGEP VIJIV IRGI EVI XIWXIH PMOI [LMGL SV XLMW

6IJIVIRGI UYIWXMSRW PSSO WMQMPEV XS ZSGEFYPEV] UYIWXMSRW -R XLI TEWWEKI SRI [SVH SV TLVEWI MW LMKLPMKLXIH 9WYEPP] XLI [SVH MW E TVSRSYR 8LIR ]SY EVI EWOIH

F 8LI [SVH < MR XLI TEWWEKI VIJIVW XS

8LI JSYV ERW[IV GLSMGIW [MPP FI [SVHW SV TLVEWIW JVSQ XLI TEWWEKI 3RP] SRI GLSMGI MW XLI [SVH XS [LMGL XLI LMKLPMKLXIH [SVH VIJIVW

F-J XLI 6IJIVIRGI UYIWXMSR MW EFSYX E TVSRSYR QEOI WYVI ]SYV ERW[IV MW XLI WEQI RYQFIV WMRKYPEV SV TPYVEP ERH GEWI JMVWX TIVWSR WIGSRH TIV WSR XLMVH TIVWSR EW XLI LMKLPMKLXIH TVSRSYR

F7YFWXMXYXI ]SYV GLSMGI JSV XLI LMKLPMKLXIH [SVH SV [SVHW MR XLI WIR XIRGI (SIW MX ZMSPEXI ER] KVEQQEV VYPIW# (SIW MX QEOI WIRWI#

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8LI [SVH XLI] MR XLI TEWWEKI VIJIVW XS

ETTPMIH EVX SFNIGXW

XLI PE[W SJ TL]WMGW

GSRXEMRIVW

XLI WMHIW SJ TSXW

8LMW MW ER I\EQTPI SJ E WMQTPI TVSRSYR VIJIVIRX MXIQ 8LI LMKLPMKLXIH [SVH XLI]

VIJIVW XS XLI TLVEWI qETTPMIH EVX SFNIGXW r [LMGL MQQIHMEXIP] TVIGIHIW MX WS GLSMGI MW XLI GSVVIGX ERW[IV

3JXIR XLI KVEQQEXMGEP VIJIVIRX JSV E TVSRSYR [MPP FI WITEVEXIH JVSQ XLI TVS RSYR -X QE] FI PSGEXIH MR E TVIGIHMRK GPEYWI SV IZIR MR XLI TVIGIHMRK WIRXIRGI

4%77%+) )<')648 q 8LI JMVWX [IIOP] RI[WTETIV MR XLI GSPSRMIW [EW XLI &SWXSR +E^IXXI IWXEFPMWLIH MR XLI WEQI ]IEV XLEX QEVOIH XLI ETTIEVERGI SJ 4LMPEHIP TLMEtW JMVWX RI[WTETIV XLI [LIVI XLI ]SYRK &IRNEQMR *VEROPMR [SVOIH &] &SWXSR LEH RI[WTETIVW ERH SXLIV TVMRXMRK IWXEFPMWLQIRXW 4LMPEHIPTLME RI[WTETIVW ERH SXLIV TVIWWIW ERH 2I[ =SVO RI[WTETIVW 8LI

83)*0 M&8 6IEHMRK

HMWXVMFYXMSR MJ RSX XLI WEPI SJ RI[WTETIVW [EW EWWMWXIH F] XLI IWXEFPMWLQIRX SJ E TSWXEP WIVZMGI MR [LMGL LEH E RIX[SVO SJ WSQI SJJMGIW F] WIVZMRK EPPGSPSRMIW r

8LI [SVH [LMGL MR XLI TEWWEKI VIJIVW XS

HMWXVMFYXMSR

WEPI

RI[WTETIV

TSWXEP WIVZMGI

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4%77%+) )<')648 q 6SSXW ERGLSV XLI TPERX MR SRI SJ X[S [E]W SV WSQIXMQIW F] E GSQFMREXMSR SJ XLI X[S 8LI JMVWX MW F] SGGYT]MRK E PEVKI ZSPYQI SJ WLEPPS[ WSMP EVSYRH XLI TPERXtW FEWI [MXL E SRI GSRWMWXMRK SJ QER] XLMR TVS JYWIP] FVERGLIH VSSXW 7MRGI XLIWI OMRHW SJ VSSXW KVS[ VIPEXMZIP] GPSWI XS XLI WSMP WYV JEGI XLI] IJJIGXMZIP] GSRXVSP WSMP IVSWMSR +VEWW VSSXW EVI IWTIGMEPP] [IPP WYMXIH XS XLMW TYVTSWI *MFVSYW VSSXW GETXYVI [EXIV EW MX FIKMRW XS TIVGSPEXI MRXS XLI KVSYRH ERH WS QYWX HVE[ XLIMV QMRIVEP WYTTPMIW JVSQ XLI WYVJEGI WSMP FIJSVI XLI RYXVMIRXW EVI PIEGLIH XS PS[IV PIZIPW r

8LI TLVEWI XLMW TYVTSWI MR XLI TEWWEKI VIJIVW XS

GSQFMRMRK X[S VSSX W]WXIQW

JIIHMRK XLI TPERX

TVIZIRXMRK WSMP IVSWMSR

PIEGLMRK RYXVMIRXW

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8]TI 7IRXIRGI 7MQTPMJMGEXMSR 5YIWXMSRW

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