240024-CONTRACT - COMMUNITY ALLIANCE CONSULTING.PDF

Maricopa County — Formal (2024-02-28)

View PDF Item 61 Meeting page

Extracted text (via pymupdf) 81039 characters








	


-<=G 7CBHF57H =G 9BH9F98 =BHC H<=G H< 85M C: 96FI5FM	 
 6M 5B8 69HK99B &5F=7CD5 CIBHM 
CIBHM	5DC@=H=75@GI68=J=G=CBC:H<9,H5H9C:F=NCB5	5B8CAAIB=HM@@=5B79CBGI@H=B;	%%	5@CF=85
 7CFDCF5H=CB CBHF57HCF :CF H<9 DIF7<5G9 C: J5F=CIG 7CBGI@H5BHGU G9FJ=79G :CF &5F=7CD5 CIBHM 
9D5FHA9BHG


 ('-+--+&


-<=G7CBHF57H=G:CF5H9FAC:HKCM95FG	69;=BB=B;CBH<985MC:&5F7<
5B89B8=B;
H<985MC:96FI5FM




()-"('-(+'0

-<9CIBHMA5M	5H=HGCDH=CB5B8K=H<H<97CB7IFF9B79C:H<9CBHF57HCF	F9B9KH<9H9FAC:H<=G
7CBHF57HIDHC5A5L=AIAC::CIF588=H=CB5@M95FG	CF5HH<9CIBHMUGGC@98=G7F9H=CB	9LH9B8H<9
7CBHF57HCB5ACBH<
HC
ACBH<65G=G:CF5A5L=AIAC:G=LACBH<G5:H9F9LD=F5H=CB-<9CBHF57HCF
G<5@@69BCH=:=98=BKF=H=B;6MH<9(::=79C:)FC7IF9A9BH,9FJ=79GC:H<9CIBHMUG=BH9BH=CBHCF9B9K
H<97CBHF57HH9FA5H@95GH
75@9B85F85MGDF=CFHCH<99LD=F5H=CBC:H<9CF=;=B5@7CBHF57HH9FA



('-+-(&)%-"('

"B DF9D5F5H=CB :CF 7CBHF57H 7CAD@9H=CB	 H<9 CBHF57HCF G<5@@ A5?9 5@@ F95GCB56@9 9::CFHG :CF 5B
CF89F@MHF5BG=H=CBC:=HG8IH=9G5B8F9GDCBG=6=@=H=9GHC5BCH<9FDFCJ=89F5B8CFHCH<9CIBHM-<=G
A5M=B7@I89	6IH=GBCH@=A=H98HC	DF9D5F5H=CBC:5HF5BG=H=CBD@5B5B87CCD9F5H=CBK=H<H<9CIBHM
CFCH<9FDFCJ=89FG=BH<9HF5BG=H=CB-<9HF5BG=H=CB=B7@I89GH<9HF5BG:9FC:5@@F97CF8G5B8CH<9F85H5
=BH<9DCGG9GG=CB	7IGHC8M	CF7CBHFC@C:H<9CBHF57HCFH<5H5F9F9EI=F98HC69DFCJ=898HCH<9
CIBHM9=H<9F6MH<9H9FAGC:H<=G5;F99A9BHCF5G5A5HH9FC:@5K-<9DFCJ=G=CBGC:H<=G7@5IG9
G<5@@GIFJ=J9H<99LD=F5H=CBCFH9FA=B5H=CBC:H<=G5;F99A9BH



)+"#.,-&'-,

BM F9EI9GHG :CF F95GCB56@9 DF=79 58>IGHA9BHG AIGH 69 GI6A=HH98 
 75@9B85F 85MG DF=CF HC
7CBHF57H9LD=F5H=CB+9EI9GHG:CF58>IGHA9BH=B7CGHC:@56CF5B8CFA5H9F=5@GAIGH69GIDDCFH98
6M5DDFCDF=5H98C7IA9BH5H=CB-<9F95GCB56@9B9GGC:H<9F9EI9GHK=@@6989H9FA=B986M7CAD5F=B;
H<9F9EI9GHK=H<H<9CBGIA9F)F=79"B89LCF6MD9F:CFA=B;5A5F?9HGIFJ9M":CIBHM5;F99GHC
H<958>IGH98DF=79H9FAG	CIBHMG<5@@=GGI9KF=HH9B5DDFCJ5@C:H<97<5B;95B8DFCJ=895BID85H98
J9FG=CB C: H<9 7CBHF57H -<9 B9K 7<5B;9 G<5@@ BCH 69 =B 9::97HIBH=@ H<9 85H9 GH=DI@5H98 CB H<9
ID85H98J9FG=CBC:H<97CBHF57H



)2&'-,


G 7CBG=89F5H=CB :CF D9F:CFA5B79 C: H<9 8IH=9G 89G7F=698 <9F9=B	 CIBHM G<5@@ D5M
CBHF57HCFH<9GIAGGH5H98=BL<=6=H
99,7<98I@9


)5MA9BHG<5@@69A589IDCBH<9CIBHMUGF979=DHC:5DFCD9F@M7CAD@9H98=BJC=79


		


"'/(",


-<9 CBHF57HCF G<5@@ GI6A=H CB9 @9;=6@9 7CDM C: H<9=F 89H5=@98 =BJC=79 69:CF9
D5MA9BHGK=@@69A589"B7CAD@9H9=BJC=79GK=@@BCH69DFC79GG98H5A=B=AIA	
H<9=BJC=79AIGHDFCJ=89H<9:C@@CK=B;=B:CFA5H=CB

P
CAD5BMB5A9	588F9GG	5B87CBH57H=B:CFA5H=CB
P
CIBHM6=@@
HCB5A95B87CBH57H=B:CFA5H=CB
P
CBHF57HG9F=5@BIA69F
P
CIBHMDIF7<5G9CF89FBIA69F
P
)FC>97HB5A95B8CFBIA69F
P
"BJC=79BIA69F5B885H9
P
)5MA9BHH9FAG
P
5H9C:G9FJ=79CF89@=J9FM
P
*I5BH=HM
P
CBHF57H=H9ABIA69FG
P
FF=J5@5B87CAD@9H=CBH=A9
P
9G7F=DH=CBC:DIF7<5G9DFC8I7HCFG9FJ=79G
P
)F=7=B;D9FIB=HC:DIF7<5G9
P
LH9B898DF=79
P
F9=;<H=:5DD@=756@9
P
&=@95;9K=H<F5H9=:5DD@=756@9
P
-CH5@5ACIBH8I9


%56CF	G9FJ=79G	5B8A5=BH9B5B79AIGH696=@@985G5G9D5F5H9@=B9=H9A


)FC6@9AGF9;5F8=B;6=@@=B;CF=BJC=7=B;G<5@@698=F97H98HCH<989D5FHA9BH5G@=GH98
CBH<9DIF7<5G9CF89F


)5MA9BHG<5@@CB@M69A589HCH<9CBHF57HCF6M77CIBHG)5M56@9H<FCI;<H<9
&5F=7CD5CIBHM/9B8CFLDF9GG)5MA9BH)FC;F5A-<=G=G5B9@97HFCB=7:IB8G
HF5BG:9F-DFC79GG:H9F7CBHF57H5K5F8	H<9CBHF57HCFG<5@@7CAD@9H9H<9
/9B8CF +9;=GHF5H=CB CFA 5779GG=6@9 :FCA H<9 CIBHM 9D5FHA9BH C: =B5B79
/9B8CF
+9;=GHF5H=CB
096
,=H9
<HHDGKKKA5F=7CD5;CJ/9B8CF
"B:CFA5H=CB


=G7CIBHGC::9F98=BH<97CBHF57HG<5@@6975@7I@5H9865G98CBH<985H95DFCD9F@M
7CAD@9H98=BJC=79=GF979=J986MH<9CIBHM


-D5MA9BHGHCH<9FCIH=B;5B8577CIBHBIA69FG89G=;B5H986MH<9CBHF57HCF
G<5@@ =B7@I89 H<9 89H5=@G CB H<9 GD97=:=7 =BJC=79G H<5H H<9 D5MA9BH 7CJ9FG -<9
CBHF57HCF =G F9EI=F98 HC 8=G7IGG F9A=HH5B79 89@=J9FM 75D56=@=H=9G K=H< H<9=F
89G=;B5H98:=B5B7=5@=BGH=HIH=CB:CF5779GGHCH<CG989H5=@G


))%"%-1,


"H=GH<9F9GDCBG=6=@=HMC:H<9CBHF57HCFHC89H9FA=B95BM5B85@@5DD@=756@9H5L9G
5B8=B7@I89H<CG9H5L9G=BH<9=FDFCDCG5@-<9@9;5@@=56=@=HMHCF9A=HH<9H5L=GCB
H<9 9BH=HM 7CB8I7H=B; 6IG=B9GG =B F=NCB5 -5L =G BCH 5 89H9FA=B=B; :57HCF =B
7CBHF57H5K5F8


-<9CIBHMK=@@@CC?5HH<9DF=79CFC::9FGI6A=HH985B8K=@@BCH898I7H	588	CF5@H9F
DF=7=B; 65G98 CB GD97I@5H=CB CF 5DD@=75H=CB C: 5BM H5L9G	 BCF K=@@ H<9 CIBHM
DFCJ=89CBHF57HCF5BM58J=79CF;I=85B79F9;5F8=B;H5L9G":MCI<5J9EI9GH=CBG
F9;5F8=B;MCIFH5L@=56=@=HM	G99?58J=79:FCA5H5LDFC:9GG=CB5@DF=CFHCGI6A=HH=B;
MCIF6=82CIA5M5@GC:=B8=B:CFA5H=CB5H<HHDGKKK5N8CF;CJIG=B9GG5GDL
(B79MCIF6=8=GGI6A=HH98	H<9C::9F=GJ5@=8:CFH<9H=A9GD97=:=98=BH<=GGC@=7=H5H=CB	
F9;5F8@9GGC:A=GH5?9CFCA=GG=CBC:H5L@=56=@=HM":H<9CIBHM:=B8GCJ9FD5MA9BH
C:5DFC>97H8I9HCH5L7CBG=89F5H=CBH<5HK5GBCH8I9	H<9CBHF57HCFK=@@69@=56@9

		

HCH<9CIBHM:CFH<5H5ACIBH	5B86M7CBHF57H=B;K=H<H<9CIBHM5;F99GHCF9A=H
5BMCJ9FD5MA9BHG657?HCH<9CIBHM:CFA=G75@7I@5H=CBGCBH5L9G=B7@I898=B5
6=8DF=79


-5L"B89AB=:=75H=CBCBHF57HCF5B85@@GI67CBHF57HCFGG<5@@D5M5@@989F5@	,H5H9	
5B8@C75@H5L9G5DD@=756@9HCH<9=FCD9F5H=CB5B85BMD9FGCBG9AD@CM986MH<9
CBHF57HCF CBHF57HCF G<5@@	 5B8 F9EI=F9 5@@ GI67CBHF57HCFG HC	 <C@8 &5F=7CD5
CIBHM <5FA@9GG :FCA 5BM F9GDCBG=6=@=HM :CF H5L9G	 85A5;9G	 5B8 =BH9F9GH	 =:
5DD@=756@9	7CBHF=6IH=CBGF9EI=F98IB89F989F5@5B8CF,H5H95B8@C75@@5KG5B8
F9;I@5H=CBG	 5B8 5BM CH<9F 7CGHG =B7@I8=B; HF5BG57H=CB DF=J=@9;9 H5L9G	
IB9AD@CMA9BH
7CAD9BG5H=CB
=BGIF5B79	
,C7=5@
,97IF=HM	
5B8
KCF?9FGU
7CAD9BG5H=CB CBHF57HCF A5M 69 F9EI=F98 HC 9GH56@=G<	 HC H<9 G5H=G:57H=CB C:
CIBHM	H<5H5BM5B85@@:99G5B8H5L9G8I9HCH<9=HMCFH<9,H5H9C:F=NCB5:CF
5BM@=79BG9CFHF5BG57H=CBDF=J=@9;9H5L9G	IG9H5L9G	CFG=A=@5F9L7=G9H5L9G5F9
7IFF9BH@MD5=89L79DH:CFA5HH9FGIB89F@9;5@DFCH9GH



/"%"%"-2(.',


-<9DFCJ=G=CBGC:H<=G7CBHF57HF9@5H=B;HCD5MA9BH:CFG9FJ=79GG<5@@697CA99::97H=J9K<9B
:IB8G5GG=;B98:CFH<9DIFDCG9C:7CAD9BG5H=B;H<9CBHF57HCF5G<9F9=BDFCJ=8985F9
57HI5@@M5J5=@56@9HCCIBHM:CF8=G6IFG9A9BH-<9CIBHMG<5@@69H<9GC@9>I8;95B8
5IH<CF=HM=B89H9FA=B=B;H<95J5=@56=@=HMC::IB8GIB89FH<=G7CBHF57HCIBHMG<5@@?99DH<9
CBHF57HCF:I@@M=B:CFA985GHCH<95J5=@56=@=HMC::IB8G


":5BM57H=CB=GH5?9B6M	5BM,H5H95;9B7M	989F5@89D5FHA9BH	CF5BMCH<9F5;9B7MCF
=BGHFIA9BH5@=HM HC GIGD9B8	 897F95G9	 CF H9FA=B5H9 =HG :=G75@ C6@=;5H=CBG IB89F	 CF =B
7CBB97H=CBK=H<	H<=G7CBHF57H	CIBHMA5M5A9B8	GIGD9B8	897F95G9	CFH9FA=B5H9=HG
C6@=;5H=CBGIB89F	CF=B7CBB97H=CBK=H<	H<=G7CBHF57H"BH<99J9BHC:H9FA=B5H=CB	CIBHM
G<5@@69@=56@9:CFD5MA9BHCB@M:CFG9FJ=79GF9B89F98DF=CFHCH<99::97H=J985H9C:H<9
H9FA=B5H=CB	DFCJ=898H<5HGI7<G9FJ=79G5F9D9F:CFA98=B577CF85B79K=H<H<9DFCJ=G=CBG
C:H<=G7CBHF57HCIBHMG<5@@;=J9KF=HH9BBCH=79C:H<99::97H=J985H9C:5BMGIGD9BG=CB	
5A9B8A9BH	CFH9FA=B5H=CBIB89FH<=GG97H=CB	5H@95GH
85MG=B58J5B79



,-+- "%%"':CF/(%.&1)'"-.+,,/

-<9CIBHM=G5A9A69FC:H<9,/7CCD9F5H=J9DIF7<5G=B;;FCID,/=B7@I89GH<9,H5H9C:
F=NCB5	A5BM)<C9B=LA9HFCDC@=H5B5F95AIB=7=D5@=H=9G	5B8A5BM$
IB=:=98G7<CC@8=GHF=7HG
.B89FH<9,/CCD9F5H=J9)IF7<5G=B;;F99A9BH	5B8K=H<H<97CB7IFF9B79C:H<9GI779GG:I@
F9GDCB89BHIB89FH<=GGC@=7=H5H=CB	5A9A69FC:,/A5M5779GG57CBHF57HF9GI@H=B;:FCA5
GC@=7=H5H=CB=GGI986MH<9CIBHM":7CBHF57HCF8C9GBCHK5BHHC;F5BHGI7<5779GGHC5A9A69FC:
,/	GH5H9GC=B7CBHF57HCFUG6=8"BH<956G9B79C:5GH5H9A9BHHCH<97CBHF5FM	H<9CIBHMK=@@
5GGIA9H<5H7CBHF57HCF8C9GK=G<HC;F5BH5779GGHC5BM7CBHF57HH<5HA5MF9GI@H:FCAH<=G6=8-<9
CIBHM5GGIA9GBCF9GDCBG=6=@=HM:CF5BMDIF7<5G9G6MIG=B;9BH=H=9G



"'-+ (/+'&'-%(()+-"/).+!,"'  +&'-,")G

CIBHM7IFF9BH@M<C@8G")GK=H<BIA9FCIG;CJ9FBA9BH5@9BH=H=9G-<9G95;F99A9BHG5@@CKH<CG9
9BH=H=9G	K=H<H<95DDFCJ5@C:H<9CBHF57HCF	HCDIF7<5G9H<9=FF9EI=F9A9BHGIB89FH<9H9FAG5B8
7CB8=H=CBGC:H<9CIBHM7CBHF57H"H=GH<9F9GDCBG=6=@=HMC:H<9BCB
CIBHM;CJ9FBA9BH9BH=HMHC
D9F:CFA=HGCKB8I98=@=;9B79CBH<95779DH56=@=HMC:H<97CBHF57HIB89F=HG5DD@=756@9DFC7IF9A9BH
FI@9G	DFC79GG9G	5B8DFC798IF9G9FH5=B;CJ9FBA9BH5@5;9B7=9GA5MBCHF9EI=F95B")5B8
A5MIH=@=N9H<=G7CBHF57H=:=HA99HGH<9=F=B8=J=8I5@F9EI=F9A9BHG(H<9F;CJ9FBA9BH5@5;9B7=9GA5M
9BH9F=BHC5G9D5F5H9,H5H9A9BHC:0CF?K=H<H<9CBHF57HCFHCA99HH<9=FCKBF9EI=F9A9BHG-<9
CIBHM=GBCH5D5FHMHC5BMIG9GC:H<=G7CBHF57H6MCH<9F;CJ9FBA9BH5@9BH=H=9G




		



.-",


-<9CBHF57HCFG<5@@D9F:CFA5@@8IH=9GGH5H98=BL<=6=HQ,7CD9C:0CF?	CF5GCH<9FK=G9
8=F97H98=BKF=H=B;6MH<9DFC7IF9A9BHC::=79F




-+&,'('"-"(',



"'&'""-"('


 -CH<9:I@@9GH9LH9BHD9FA=HH986M@5K	5B8HCH<99LH9BHH<5H7@5=AG	85A5;9G	
@CGG9G	 CF 9LD9BG9G 5F9 BCH 7CJ9F98 5B8 D5=8 6M =BGIF5B79 DIF7<5G98 6M H<9
7CBHF57HCF	H<97CBHF57HCFG<5@@89:9B8	=B89AB=:M	5B8<C@8<5FA@9GGH<9CIBHM
5G(KB9F	=HG5;9BHG	F9DF9G9BH5H=J9G	C::=79FG	8=F97HCFG	C::=7=5@G	5B89AD@CM99G
:FCA5B85;5=BGH5@@7@5=AG	85A5;9G	@CGG9G	5B89LD9BG9G=B7@I8=B;	6IHBCH
@=A=H98 HC 5HHCFB9MG :99G	 7CIFH 7CGHG	 9LD9FH K=HB9GG :99G	 5B8 H<9 7CGHG 5B8
5HHCFB9MG:99G:CF5DD9@@5H9DFC7998=B;G5F=G=B;CIHC:	CF5@@9;98HC<5J9F9GI@H98
:FCA	H<9B9;@=;9BH57HG	9FFCFG	CA=GG=CBG	CFA=GH5?9GF9@5H=B;HCH<9D9F:CFA5B79
C:H<=G7CBHF57H


 CBHF57HCFG8IHMHC89:9B8	=B89AB=:M	5B8<C@8<5FA@9GGH<9CIBHM	=HG5;9BHG	
F9DF9G9BH5H=J9G	 C::=79FG	 8=F97HCFG	 C::=7=5@G	 5B8 9AD@CM99G G<5@@ 5F=G9 =B
7CBB97H=CBK=H<5BM7@5=A	85A5;9	@CGG	CF9LD9BG9H<5H=G5HHF=6IH56@9HC6C8=@M
=B>IFM	 G=7?B9GG	 8=G95G9	 895H<	 CF =B>IFM HC	 =AD5=FA9BH C:	 CF 89GHFI7H=CB C:
H5B;=6@9DFCD9FHM	=B7@I8=B;@CGGC:IG9F9GI@H=B;H<9F9:FCA	75IG986MB9;@=;9BH
57HG	9FFCFG	CA=GG=CBG	CFA=GH5?9G=BH<9D9F:CFA5B79C:H<=G7CBHF57H	6IHCB@MHC
H<9 9LH9BH 75IG98 6M H<9 B9;@=;9BH 57HG CF CA=GG=CBG C: H<9 7CBHF57HCF	 5
GI67CBHF57HCF	 5BMCB9 8=F97H@M CF =B8=F97H@M 9AD@CM98 6M H<9A	 CF 5BMCB9 :CF
K<CG957HGH<9MA5M69@=56@9	F9;5F8@9GGC:K<9H<9FCFBCHGI7<7@5=A	85A5;9	
@CGG	CF9LD9BG9=G75IG98=BD5FH6M5D5FHM=B89AB=:=98<9F9IB89F


 -<95ACIBH5B8HMD9C:=BGIF5B797CJ9F5;9F9EI=F9A9BHGG9H:CFH<<9F9=BK=@@=B
BCK5M697CBGHFI985G@=A=H=B;H<9G7CD9C:H<9=B89AB=HM=BH<=GG97H=CB


 -<9G7CD9C:H<=G=B89AB=:=75H=CB8C9GBCH9LH9B8HCH<9GC@9B9;@=;9B79C:CIBHM



"',.+'


 CBHF57HCF	 5H CBHF57HCFUG CKB 9LD9BG9	 G<5@@ DIF7<5G9 5B8 A5=BH5=B	 5H 5
A=B=AIA	 H<9 <9F9=B GH=DI@5H98 =BGIF5B79 :FCA 5 7CAD5BM CF 7CAD5B=9G 8I@M
@=79BG986MH<9,H5H9C:F=NCB55B8DCGG9GG=B;5B&9GH	"B775H9;CFMF5H=B;
C:  "B @=9I C: ,H5H9 C: F=NCB5 @=79BG=B;	 H<9 GH=DI@5H98 =BGIF5B79 A5M 69
DIF7<5G98:FCA57CAD5BMCF7CAD5B=9G	K<=7<5F95IH<CF=N98HC8C6IG=B9GG=B
H<9,H5H9C:F=NCB5	DFCJ=898H<5HG5=8=BGIF5B797CAD5B=9GA99HH<95DDFCJ5@C:
CIBHM -<9 :CFA C: 5BM =BGIF5B79 DC@=7=9G 5B8 :CFAG AIGH 69 5779DH56@9 HC
CIBHM


 @@=BGIF5B79F9EI=F98<9F9=BG<5@@69A5=BH5=B98=B:I@@:CF795B89::97HIBH=@5@@
KCF? CF G9FJ=79 F9EI=F98 HC 69 D9F:CFA98 IB89F H<9 H9FAG C: H<9 7CBHF57H =G
G5H=G:57HCF=@M7CAD@9H985B8:CFA5@@M5779DH985=@IF9HC8CGCA5M	5HH<9GC@9
8=G7F9H=CBC:CIBHM	7CBGH=HIH95A5H9F=5@6F957<C:H<=G7CBHF57H


 "B H<9 9J9BH H<5H H<9 =BGIF5B79 F9EI=F98 =G KF=HH9B CB 5 7@5=AG
A589 65G=G	
CBHF57HCFK5FF5BHGH<5H5BMF9HFC57H=J985H9IB89FH<9DC@=7MG<5@@DF97989H<9
9::97H=J985H9C:H<=G7CBHF57H5B89=H<9F7CBH=BICIG7CJ9F5;9K=@@69A5=BH5=B98	
CF 5B 9LH9B898 8=G7CJ9FM D9F=C8 K=@@ 69 9L9F7=G98 :CF 5 D9F=C8 C: HKC M95FG
69;=BB=B;5HH<9H=A9KCF?IB89FH<=G7CBHF57H=G7CAD@9H98


 CBHF57HCFUG=BGIF5B79G<5@@69DF=A5FM=BGIF5B795GF9GD97HGCIBHM	5B85BM
=BGIF5B79CFG9@:
=BGIF5B79A5=BH5=B986MCIBHMG<5@@BCH7CBHF=6IH9HC=H

		



 BM:5=@IF9HC7CAD@MK=H<H<97@5=AF9DCFH=B;DFCJ=G=CBGC:H<9=BGIF5B79DC@=7=9G
CF5BM6F957<C:5B=BGIF5B79DC@=7MK5FF5BHMG<5@@BCH5::97HH<9CIBHMUGF=;<HHC
7CJ9F5;95::CF898IB89FH<9=BGIF5B79DC@=7=9G


 -<9=BGIF5B79DC@=7=9GA5MDFCJ=897CJ9F5;9H<5H7CBH5=BG898I7H=6@9GCFG9@:
=BGIF98 F9H9BH=CBG ,I7< 898I7H=6@9 5B8CF G9@:
=BGIF98 F9H9BH=CBG G<5@@ BCH 69
5DD@=756@9K=H<F9GD97HHCH<97CJ9F5;9DFCJ=898HCCIBHMIB89FGI7<DC@=7=9G
CBHF57HCF G<5@@ 69 GC@9@M F9GDCBG=6@9 :CF H<9 898I7H=6@9 5B8CF G9@:
=BGIF98
F9H9BH=CB5B8CIBHM	5H=HGCDH=CB	A5MF9EI=F9CBHF57HCFHCG97IF9D5MA9BHC:
GI7<898I7H=6@9GCFG9@:
=BGIF98F9H9BH=CBG6M5GIF9HM6CB8CF5B=FF9JC756@95B8
IB7CB8=H=CB5@@9HH9FC:7F98=H


 -<9=BGIF5B79DC@=7=9GF9EI=F986MH<=G7CBHF57H	9L79DH0CF?9FGUCAD9BG5H=CB
5B8FFCFG5B8(A=GG=CBG	G<5@@B5A9CIBHM	=HG5;9BHG	F9DF9G9BH5H=J9G	C::=79FG	
8=F97HCFG	C::=7=5@G	5B89AD@CM99G5G588=H=CB5@=BGIF98G


 -<9DC@=7=9GF9EI=F98<9F9IB89F	9L79DH0CF?9FGUCAD9BG5H=CB5B8FFCFG5B8
(A=GG=CBG	G<5@@7CBH5=B5K5=J9FC:HF5BG:9FC:F=;<HGC:F97CJ9FMGI6FC;5H=CB
5;5=BGH CIBHM	 =HG 5;9BHG	 F9DF9G9BH5H=J9G	 C::=79FG	 8=F97HCFG	 C::=7=5@G	 5B8
9AD@CM99G:CF5BM7@5=AG5F=G=B;CIHC:CBHF57HCFUGKCF?CFG9FJ=79


 ":5J5=@56@9	H<9=BGIF5B79DC@=7=9GF9EI=F986MH<=G7CBHF57HA5M697CA6=B98K=H<
CAA9F7=5@.A6F9@@5"BGIF5B79DC@=7=9GHCA99HH<9A=B=AIA@=A=HF9EI=F9A9BHG
": 5 CAA9F7=5@ .A6F9@@5 =BGIF5B79 DC@=7M =G IH=@=N98 HC A99H =BGIF5B79
F9EI=F9A9BHG	 H<9 9FH=:=75H9 C: "BGIF5B79 G<5@@ =B8=75H9 K<=7< @=B9G H<9
CAA9F7=5@.A6F9@@5"BGIF5B797CJ9FG


 CAA9F7=5@ 9B9F5@%=56=@=HM

CAA9F7=5@  9B9F5@ %=56=@=HM  % =BGIF5B79 5B8	 =: B979GG5FM	
CAA9F7=5@.A6F9@@5=BGIF5B79K=H<5@=A=HC:BCH@9GGH<5B	


	



:CF 957< C77IFF9B79	 	


	


 )FC8I7HGCAD@9H98 (D9F5H=CBG
;;F9;5H9	5B8	


	


 9B9F5@;;F9;5H9%=A=H-<9DC@=7MG<5@@
=B7@I897CJ9F5;9:CFDF9A=G9G@=56=@=HM	6C8=@M=B>IFM	6FC58:CFADFCD9FHM
85A5;9	 D9FGCB5@ =B>IFM	 DFC8I7HG 5B8 7CAD@9H98 CD9F5H=CBG 5B8
6@5B?9H7CBHF57HI5@7CJ9F5;9	5B8G<5@@BCH7CBH5=B5BMDFCJ=G=CBGK<=7<
KCI@8G9FJ9HC@=A=HH<=F8D5FHM57H=CBCJ9F7@5=AG-<9F9G<5@@69BC
9B8CFG9A9BHCFAC8=:=75H=CBGC:H<9 %@=A=H=B;H<9G7CD9C:7CJ9F5;9
:CF @=56=@=HM 5F=G=B; :FCA 9LD@CG=CB	 7C@@5DG9	 CF IB89F;FCIB8 DFCD9FHM
85A5;9


 IHCAC6=@9%=56=@=HM

CAA9F7=5@IG=B9GGIHCAC6=@9%=56=@=HM=BGIF5B79K=H<57CA6=B98
G=B;@9 @=A=H :CF 6C8=@M =B>IFM 5B8 DFCD9FHM 85A5;9 C: BCH @9GG H<5B
	


	


 957< C77IFF9B79 K=H< F9GD97H HC 5BM C: H<9 CBHF57HCFUG
CKB98	 <=F98	 5B8 BCB
CKB98 J9<=7@9G 5GG=;B98 HC CF IG98 =B
D9F:CFA5B79C:H<9CBHF57HCFUGKCF?CFG9FJ=79GCFIG9CFA5=BH9B5B79
C:H<9DF9A=G9GIB89FH<=G7CBHF57H


 0CF?9FGUCAD9BG5H=CB


 0CF?9FGU 7CAD9BG5H=CB =BGIF5B79 HC 7CJ9F C6@=;5H=CBG
=ADCG986M989F5@5B8,H5H9GH5HIH9G<5J=B;>IF=G8=7H=CBC:
CBHF57HCFUG9AD@CM99G9B;5;98=BH<9D9F:CFA5B79C:H<9
KCF? CF G9FJ=79G IB89F H<=G 7CBHF57H 5B8 AD@CM9FUG
%=56=@=HM =BGIF5B79 C: BCH @9GG H<5B 	


	


 :CF 957<

		

577=89BH	 	


	


 8=G95G9 :CF 957< 9AD@CM99	 5B8
	


	


8=G95G9DC@=7M@=A=H


 CBHF57HCF	 =HG GI67CBHF57HCFG	 5B8 GI6
GI67CBHF57HCFG
K5=J95@@F=;<HG5;5=BGHH<=G7CBHF57H5B8=HG5;9BHG	C::=79FG	
8=F97HCFG	5B89AD@CM99G:CFF97CJ9FMC:85A5;9GHCH<9
9LH9BH H<9G9 85A5;9G 5F9 7CJ9F98 6M H<9 KCF?9FGU
7CAD9BG5H=CB 5B8 AD@CM9FUG %=56=@=HM	 CF CAA9F7=5@
.A6F9@@5 %=56=@=HM =BGIF5B79 C6H5=B98 6M CBHF57HCF	 =HG
GI67CBHF57HCFG	5B8=HGGI6
GI67CBHF57HCFGDIFGI5BHHCH<=G
7CBHF57H


 FFCFG5B8(A=GG=CBG)FC:9GG=CB5@%=56=@=HM"BGIF5B79

FFCFG5B8(A=GG=CBG)FC:9GG=CB5@%=56=@=HM=BGIF5B79K<=7<K=@@=BGIF9
5B8DFCJ=897CJ9F5;9:CF9FFCFGCFCA=GG=CBGCFDFC:9GG=CB5@@=56=@=HMC:
H<97CBHF57HCF	K=H<@=A=HGC:BC@9GGH<5B	


	


:CF957<7@5=A



9FH=:=75H9GC:"BGIF5B79



)F=CFHC7CBHF57H5K5F8CBHF57HCFG<5@@:IFB=G<H<9CIBHMK=H<J5@=8
5B8 7CAD@9H9 9FH=:=75H9G C: "BGIF5B79	 CF :CFA5@ 9B8CFG9A9BHG 5G
F9EI=F986MH<97CBHF57H=BH<9:CFADFCJ=8986MH<9CIBHM	=GGI986M
CBHF57HCFUG=BGIF9FG	5G9J=89B79H<5HDC@=7=9GDFCJ=8=B;H<9F9EI=F98
7CJ9F5;9	7CB8=H=CBG5B8@=A=HGF9EI=F986MH<=G7CBHF57H5F9=B:I@@:CF79
5B89::97H,I7<79FH=:=75H9GG<5@@=89BH=:MH<=G7CBHF57HBIA69F5B8H=H@9



"BH<99J9BH5BM=BGIF5B79DC@=7M=9GF9EI=F986MH<=G7CBHF57H=G5F9
KF=HH9BCB57@5=AG
A58965G=G	7CJ9F5;9G<5@@9LH9B8:CFHKCM95FGD5GH
7CAD@9H=CB 5B8 5779DH5B79 C: CBHF57HCFUG KCF? CF G9FJ=79G 5B8 5G
9J=89B7986M5BBI5@79FH=:=75H9GC:=BGIF5B79



":5DC@=7M8C9G9LD=F98IF=B;H<9@=:9C:H<9CBHF57H	5F9B9K5@79FH=:=75H9
AIGH69G9BHHCCIBHM75@9B85F85MGDF=CFHCH<99LD=F5H=CB85H9


5B79@@5H=CB5B8LD=F5H=CB'CH=79

DD@=756@9HC5@@=BGIF5B79DC@=7=9GF9EI=F98K=H<=BH<9=BGIF5B79F9EI=F9A9BHGC:
H<=G 7CBHF57H	 CBHF57HCFUG =BGIF5B79 G<5@@ BCH 69 D9FA=HH98 HC 9LD=F9	 69
GIGD9B898	6975B79@98	CF69A5H9F=5@@M7<5B;98:CF5BMF95GCBK=H<CIH
85MG
DF=CF KF=HH9B BCH=79 HC &5F=7CD5 CIBHM CBHF57HCF AIGH DFCJ=89 HC &5F=7CD5
CIBHM	K=H<=BHKC6IG=B9GG85MGC:F979=DH	=:H<9MF979=J9BCH=79C:5DC@=7MH<5H
<5G699BCFK=@@69GIGD9B898	75B79@98	A5H9F=5@@M7<5B;98:CF5BMF95GCB	<5G
9LD=F98	CFK=@@699LD=F=B;,I7<BCH=79G<5@@69G9BH8=F97H@MHC&5F=7CD5CIBHM
(::=79C:)FC7IF9A9BH,9FJ=79G5B8G<5@@69A5=@98	CF<5B889@=J9F98HC
0
#9::9FGCB,H,I=H9

	)<C9B=L	3

	CF9A5=@98HCH<9DFC7IF9A9BHC::=79F
BCH98=BH<9GC@=7=H5H=CB



(+&#.+


 '9=H<9FD5FHMG<5@@69@=56@9:CF:5=@IF9C:D9F:CFA5B79	BCF=B7IF5BM@=56=@=HMHCH<9
CH<9FD5FHMCB577CIBHC:5BM@CGGCF85A5;9F9GI@H=B;:FCA5BM89@5MCF:5=@IF9HC
D9F:CFA5@@CF5BMD5FHC:H<=G7CBHF57H	=:GI7<89@5MCF:5=@IF9=G75IG986M9J9BHG	
C77IFF9B79G	CF75IG9G69MCB8H<9F95GCB56@97CBHFC@5B8K=H<CIHB9;@=;9B79C:
H<9D5FH=9G,I7<9J9BHG	C77IFF9B79G	CF75IG9G=B7@I89	6IH5F9BCH@=A=H98HC	
57HGC: C8B5HIF9=B7@I8=B;:=F9	:@CC8	95FH<EI5?9	GHCFA	<IFF=75B9	CFCH<9F
B5HIF5@8=G5GH9F	K5F	=BJ5G=CB	57HC::CF9=;B9B9A=9G	<CGH=@=H=9GK<9H<9FK5F=G
897@5F98 CF BCH	 7=J=@ K5F	 F=CHG	 F969@@=CB	 F9JC@IH=CB	 =BGIFF97H=CB	 A=@=H5FM CF
IGIFD98 DCK9F CF 7CB:=G75H=CB	 H9FFCF=GH 57H=J=H=9G	 B5H=CB5@=N5H=CB	 ;CJ9FBA9BH

		

G5B7H=CB	 @C7?CIH	 6@C7?5;9	 9A65F;C	 @56CF 8=GDIH9	 GHF=?9	 5B8 =BH9FFIDH=CB CF
:5=@IF9C:9@97HF=7=HMCFH9@97CAAIB=75H=CBG9FJ=79	5B8D5B89A=7


 57<D5FHM	5G5DD@=756@9	G<5@@;=J9H<9CH<9FD5FHMBCH=79C:=HG=B56=@=HMHCD9F:CFA
5B8D5FH=7I@5FG=BF95GCB56@989H5=@C:H<975IG9C:H<9=B56=@=HM57<D5FHMAIGH
IG969GH9::CFHGHCF9A98MH<9G=HI5H=CB5B8F9ACJ9	5GGCCB5GDF57H=756@9	H<9
75IG9C:=HG=B56=@=HMHCD9F:CFACF7CAD@M


 -<9D5FHM5GG9FH=B;CF79&5>9IF95G575IG9:CFBCB
D9F:CFA5B79G<5@@<5J9H<9
6IF89BC:DFCJ=B;H<5HF95GCB56@9GH9DGK9F9H5?9BHCA=B=A=N989@5MCF85A5;9G
75IG986M:CF9G9956@99J9BHG	H<5H5@@BCB
9L7IG98C6@=;5H=CBGK9F9GI6GH5BH=5@@M
:I@:=@@98	 5B8 H<5H H<9 CH<9F D5FHM K5G H=A9@M BCH=:=98 C: H<9 @=?9@=<CC8 CF 57HI5@
C77IFF9B79 K<=7< KCI@8 >IGH=:M GI7< 5B 5GG9FH=CB	 GC H<5H CH<9F DFI89BH
DF975IH=CBG7CI@8697CBH9AD@5H98



(++"' .-!(+"-2

BMF9EI9GH:CFDIF7<5G9G<5@@69577CAD5B=986M5J5@=8DIF7<5G9CF89F=GGI986M5
CIBHM 89D5FHA9BH CF 8=F97H98 6M 5 9FH=:=98 ;9B7M )FC7IF9A9BH =8 ) K=H< 5
DIF7<5G975F8:CFD5MA9BH



)+(.+&'-+(++"' )"%"-2

CIBHMA5MCDHHCIG95DFC7IF9A9BH75F8/=G5CF&5GH9F5F8HCA5?9D5MA9BH:CF
CF89FGIB89FH<=G7CBHF57H



'(&"'"&.&(+&1"&.&).+!,(%" -"('

-<=G 7CBHF57H 8C9G BCH ;I5F5BH99 5BM A=B=AIA CF A5L=AIA DIF7<5G9G K=@@ 69 A589
(F89FGK=@@CB@M69D@5798IB89FH<=G7CBHF57HK<9BH<9CIBHM=89BH=:=9G5B9985B8DFCD9F
5IH<CF=N5H=CB5B88C7IA9BH5H=CB<5J9699B5DDFCJ98



).+!,(++,


 CIBHMF9G9FJ9GH<9F=;<HHC75B79@DIF7<5G9CF89FGK=H<=B5F95GCB56@9D9F=C8C:
H=A95:H9F=GGI5B79,<CI@85DIF7<5G9CF89F6975B79@98	H<9CIBHM5;F99GHC
F9=A6IFG9 H<9 CBHF57HCF :CF 57HI5@ 5B8 8C7IA9BH56@9 7CGHG =B7IFF98 6M H<9
CBHF57HCF=BF9GDCBG9HCH<9DIF7<5G9CF89F-<9CIBHMK=@@BCHF9=A6IFG9H<9
CBHF57HCF:CF5BM7CGHG=B7IFF985:H9FF979=DHC:CIBHMBCH=79C:75B79@@5H=CB	CF
:CF@CGHDFC:=HG	CF:CFG<=DA9BHC:DFC8I7HDF=CFHC=GGI5B79C:DIF7<5G9CF89F


 CBHF57HCF5;F99GHC5779DHJ9F65@BCH=:=75H=CBC:75B79@@5H=CBC:DIF7<5G9CF89FG
:FCAH<9CIBHMDFC7IF9A9BHC::=79FK=H<KF=HH9BBCH=:=75H=CBHC:C@@CKCBHF57HCF
GD97=:=75@@M57?BCK@98;9GHC696CIB86MH<=G75B79@@5H=CBDC@=7M



$ +(.'!$

+9GDCB89BHGA5M69F9EI=F98HCD5GGAI@H=D@9657?;FCIB87<97?G9;	,<9F=::UG(::=79	
CIBHM HHCFB9MG (::=79	 CIFHG	 5G K9@@ 5G &5F=7CD5 CIBHM ;9B9F5@ ;CJ9FBA9BH HC
89H9FA=B9=:H<9F9GDCB89BH=G5779DH56@9HC8C6IG=B9GGK=H<H<9CIBHM-<=G5DD@=9GHC	
6IH=GBCH@=A=H98HC	H<97CAD5BM	GI67CBHF57HCFG	5B89AD@CM99G	5B8H<9:5=@IF9HCD5GG
H<9G97<97?GG<5@@899AH<9F9GDCB89BHBCB
F9GDCBG=6@9



,.,)',"('(0(+$

-<9DFC7IF9A9BHC::=79FA5MCF89FH<9CBHF57HCF	=BKF=H=B;	HCGIGD9B8	89@5M	CF=BH9FFIDH
5@@CF5BMD5FHC:H<9KCF?C:H<=G7CBHF57H:CFH<9D9F=C8C:H=A9H<5HH<9DFC7IF9A9BHC::=79F
89H9FA=B9G5DDFCDF=5H9:CFH<97CBJ9B=9B79C:H<9CIBHM'C58>IGHA9BHG<5@@69A589
IB89FH<=G7@5IG9:CF5BMGIGD9BG=CB	89@5M	CF=BH9FFIDH=CBHCH<99LH9BHH<5HD9F:CFA5B79

		

KCI@8<5J9699BGCGIGD9B898	89@5M98	CF=BH9FFIDH986M5BMCH<9F75IG9	=B7@I8=B;H<9
:5I@HCFB9;@=;9B79C:H<9CBHF57HCF'CF9EI9GH:CF58>IGHA9BHIB89FH<=G7@5IG9G<5@@69
;F5BH98IB@9GGH<97@5=A	=B5B5ACIBHGH5H98	=G5GG9FH98=BKF=H=B;5GGCCB5GDF57H=756@9
5:H9FH<9H9FA=B5H=CBC:H<9GIGD9BG=CB	89@5M	CF=BH9FFIDH=CB	6IHBCH@5H9FH<5BH<985H9C:
:=B5@D5MA9BHIB89FH<97CBHF57H




,-()0(+$(++



-<9 DFC7IF9A9BH C::=79F A5M	 5H 5BM H=A9	 6M KF=HH9B CF89F HC H<9 CBHF57HCF	
F9EI=F9H<9CBHF57HCFHCGHCD5@@	CF5BMD5FH	C:H<9KCF?75@@98:CF6MH<=G7CBHF57H
:CF5D9F=C8C:
75@9B85F85MG5:H9FH<9CF89F=G89@=J9F98HCH<9CBHF57HCF	5B8
:CF5BM:IFH<9FD9F=C8HCK<=7<H<9D5FH=9GA5M5;F99-<9CF89FG<5@@69GD97=:=75@@M
=89BH=:=985G5GHCDKCF?CF89F=GGI98IB89FH<=G7@5IG9.DCBF979=DHC:H<9CF89F	
H<9CBHF57HCFG<5@@=AA98=5H9@M7CAD@MK=H<=HGH9FAG5B8H5?95@@F95GCB56@9
GH9DGHCA=B=A=N9H<9=B7IFF9B79C:7CGHG5@@C756@9HCH<9KCF?7CJ9F986MH<9CF89F
8IF=B;H<9D9F=C8C:KCF?GHCDD5;90=H<=B5D9F=C8C:
75@9B85F85MG5:H9F5
GHCDKCF?CF89F=G89@=J9F98HCH<9CBHF57HCF	CFK=H<=B5BM9LH9BG=CBC:H<5HD9F=C8
HCK<=7<H<9D5FH=9GG<5@@<5J95;F998	H<9DFC7IF9A9BHC::=79FG<5@@9=H<9F



75B79@H<9GHCDKCF?CF89FCF



H9FA=B5H9H<9KCF?7CJ9F986MH<9CF89F5GDFCJ=898=BH<9-9FA=B5H=CB
:CF9:5I@HCFH<9-9FA=B5H=CB:CFCBJ9B=9B797@5IG9C:H<=G7CBHF57H



-<9 DFC7IF9A9BH C::=79F A5M A5?9 5B 9EI=H56@9 58>IGHA9BH =B H<9
89@=J9FM G7<98I@9 5B8CF 7CBHF57H DF=79	 5B8 H<9 7CBHF57H G<5@@ 69
AC8=:=98	=BKF=H=B;	577CF8=B;@M	=:H<9CBHF57HCF89ACBGHF5H9GH<5HH<9
GHCDKCF?CF89FF9GI@H98=B5B=B7F95G9=B7CGHGHCH<9CBHF57HCF


-+&"'-"('(+('/'"'

&5F=7CD5CIBHMA5MH9FA=B5H9H<9F9GI@H5BH7CBHF57H:CF7CBJ9B=9B796MDFCJ=8=B;

75@9B85F85MG58J5B79BCH=79HCH<9CBHF57HCF




-+&"'-"('(+.%-


-<9 CIBHM A5M	 6M KF=HH9B 'CH=79 C: 9:5I@H HC H<9 CBHF57HCF	 H9FA=B5H9 H<=G
7CBHF57H=BK<C@9CF=BD5FH=:H<9CBHF57HCF:5=@GHC


89@=J9FH<9GIDD@=9GCFHCD9F:CFAH<9G9FJ=79GK=H<=BH<9H=A9GD97=:=98
=BH<=G7CBHF57HCF5BM9LH9BG=CB


A5?9DFC;F9GG	GC5GHC9B85B;9FD9F:CFA5B79C:H<=G7CBHF57HCF


D9F:CFA5BMC:H<9CH<9FDFCJ=G=CBGC:H<=G7CBHF57H


-<9CIBHMUGF=;<HHCH9FA=B5H9H<=G7CBHF57HIB89FH<9G9GI6D5F5;F5D<GA5M69
9L9F7=G98=:H<9CBHF57HCF8C9GBCH7IF9GI7<:5=@IF9K=H<=B
6IG=B9GG85MGCF
ACF9=:5IH<CF=N98=BKF=H=B;6MH<9CIBHM5:H9FF979=DHC:5'CH=79HCIF9:FCA
H<9DFC7IF9A9BHC::=79FGD97=:M=B;H<9:5=@IF9



)+(+&'

"HG<5@@69H<9CBHF57HCFUGF9GDCBG=6=@=HMHCA99HH<9DFCDCG98D9F:CFA5B79F9EI=F9A9BHG
&5F=7CD5CIBHMF9G9FJ9GH<9F=;<HHCC6H5=BG9FJ=79GCBH<9CD9BA5F?9H=BH<99J9BHH<9
CBHF57HCF:5=@GHCD9F:CFA	5B85BMDF=798=::9F9BH=5@K=@@697<5F;985;5=BGHH<9CBHF57HCF



('-+-(+&)%(2&' &'-

		



CBHF57HCFG<5@@9B895JCFHCA5=BH5=BH<9D9FGCBB9@DFCDCG98=BH<9=FDFCDCG5@
H<FCI;<CIHH<9D9F:CFA5B79C:H<=G7CBHF57H


": CBHF57HCF D9FGCBB9@UG 9AD@CMA9BH GH5HIG 7<5B;9G	 CBHF57HCF G<5@@ DFCJ=89
CIBHM5@=GHC:DFCDCG98F9D@579A9BHGK=H<9EI=J5@9BHCF;F95H9F9LD9F=9B79


.B89FBC7=F7IAGH5B79GG<5@@H<9=AD@9A9BH5H=CBG7<98I@9HC69=AD57H986M5
D9FGCBB9@7<5B;9CBH<9D5FHC:H<9CBHF57HCF


CBHF57HCFG<5@@BCHF95GG=;B5BM?9MD9FGCBB9@5B5K5F898-5G?(F89FK=H<CIH
H<99LDF9GG7CBG9BHC:H<9CIBHM


CIBHMF9G9FJ9GH<9F=;<HHC=AA98=5H9@MF9ACJ9:FCA=HGDF9A=G9G5BMCBHF57HCF
D9FGCBB9@=H89H9FA=B9GHC695F=G?HCCIBHMCD9F5H=CBG


CIBHMF9G9FJ9GH<9F=;<HHCF9EI9GHH<9F9D@579A9BHC:5BMCBHF57HCFD9FGCBB9@
5H5BMH=A9	:CF5BMF95GCB



-+"'"' 

CBHF57HCFG<5@@DFCJ=89HF5=B=B;G9FJ=79G5G5DD@=756@9HCCIBHMD9FGCBB9@=BH<9IG95B8
75F9C:H<99EI=DA9BH@@HF5=B=B;G<5@@H5?9D@579CB
G=H9=B&5F=7CD5CIBHM	IB@9GG
CH<9FK=G9B9;CH=5H98K=H<CIBHM



"',)-"('(,+/",


-<9 CBHF57HCF G<5@@ DFCJ=89 5B8 A5=BH5=B 5B =BGD97H=CB GMGH9A 5779DH56@9 HC
CIBHM 7CJ9F=B; H<9 G9FJ=79G IB89F H<=G 7CBHF57H CAD@9H9 F97CF8G C: 5@@
=BGD97H=CB KCF? D9F:CFA98 6M H<9 CBHF57HCF G<5@@ 69 A5=BH5=B98 5B8 A589
5J5=@56@9HCCIBHM8IF=B;7CBHF57HD9F:CFA5B795B8:CF5G@CB;5:H9FK5F8G5GH<9
7CBHF57HF9EI=F9G


CIBHM<5GH<9F=;<HHC=BGD97H5B8H9GH5@@G9FJ=79G75@@98:CF6MH<97CBHF57H	HC
H<9 9LH9BH DF57H=756@9 5H 5@@ H=A9G 5B8 D@579G 8IF=B; H<9 H9FA C: H<9 7CBHF57H
CIBHMG<5@@D9F:CFA=BGD97H=CBG5B8H9GHG=B5A5BB9FH<5HK=@@BCHIB8I@M89@5M
H<9KCF?


":5BMC:H<9G9FJ=79G8CBCH7CB:CFAHC7CBHF57HF9EI=F9A9BHG	CIBHMA5MF9EI=F9
H<9 CBHF57HCF HC D9F:CFA H<9 G9FJ=79G 5;5=B =B 7CB:CFA=HM K=H< 7CBHF57H
F9EI=F9A9BHG	5HBC7CGHHCH<9CIBHM0<9BH<989:97HG=BG9FJ=79G75BBCH69
7CFF97H986MF9
D9F:CFA5B79	CIBHMA5M


F9EI=F9H<9CBHF57HCFHCH5?9B979GG5FM57H=CBHC9BGIF9H<5H:IHIF9
D9F:CFA5B797CB:CFAGHC7CBHF57HF9EI=F9A9BHG5B8


F98I79H<97CBHF57HDF=79HCF9:@97HH<9F98I798J5@I9C:H<9G9FJ=79G
D9F:CFA98


": H<9 CBHF57HCF :5=@G HC DFCADH@M D9F:CFA H<9 G9FJ=79G 5;5=B CF HC H5?9 H<9
B979GG5FM 57H=CB HC 9BGIF9 :IHIF9 D9F:CFA5B79 =B 7CB:CFA=HM K=H< 7CBHF57H
F9EI=F9A9BHG	CIBHMA5M


6M 7CBHF57H CF CH<9FK=G9	 D9F:CFA H<9 G9FJ=79G 5B8 7<5F;9 HC H<9
CBHF57HCF	H<FCI;<8=F97H6=@@=B;CFH<FCI;<D5MA9BHF98I7H=CB	5BM7CGH
=B7IFF986MCIBHMH<5H=G8=F97H@MF9@5H98HCH<9D9F:CFA5B79C:GI7<
G9FJ=79CF


H9FA=B5H9H<97CBHF57H:CF89:5I@H

		




., +)(+-

-<9 CBHF57HCF G<5@@ :IFB=G< H<9 CIBHM 5 IG5;9 F9DCFH	 IDCB F9EI9GH	 89@=B95H=B; H<9
57EI=G=H=CB57H=J=HM;CJ9FB986MH<97CBHF57H-<9:CFA5HC:H<9F9DCFHG<5@@695DDFCJ986M
H<9 CIBHM 5B8 G<5@@ 8=G7@CG9 H<9 EI5BH=HM 5B8 8C@@5F J5@I9 C: 957< 7CBHF57H =H9A 6M
=B8=J=8I5@IB=HC:A95GIF9




,--.-(+2+" !-('%%-"('(+('%"-("'-+,-

'CH=79=G;=J9BH<5H	DIFGI5BHHC+,O
	H<9CIBHMA5M75B79@5BM7CBHF57H
K=H<CIHD9B5@HMCF:IFH<9FC6@=;5H=CBK=H<=BH<F99M95FG5:H9F9L97IH=CBC:H<97CBHF57H	=:5BM
D9FGCBG=;B=:=75BH@M=BJC@J98=B=B=H=5H=B;	B9;CH=5H=B;	G97IF=B;	8F5:H=B;	CF7F95H=B;H<9
7CBHF57HCB69<5@:C:H<9CIBHM=G5H5BMH=A9	K<=@9H<97CBHF57HCF5BM9LH9BG=CBC:H<9
7CBHF57H=G=B9::97H	5B9AD@CM99CF5;9BHC:5BMCH<9FD5FHMHCH<97CBHF57H=B5BM75D57=HM
CF7CBGI@H5BHHC5BMCH<9FD5FHMC:H<97CBHF57HK=H<F9GD97HHCH<9GI6>97HA5HH9FC:H<9
7CBHF57H88=H=CB5@@M	DIFGI5BHHC+,O
	H<9CIBHMA5MF97CID5BM:99CF
7CAA=GG=CB D5=8 CF 8I9 HC 5BM D9FGCB G=;B=:=75BH@M =BJC@J98 =B =B=H=5H=B;	 B9;CH=5H=B;	
G97IF=B;	8F5:H=B;	CF7F95H=B;H<97CBHF57HCB69<5@:C:H<9CIBHM:FCA5BMCH<9FD5FHMHC
H<97CBHF57H5F=G=B;5GH<9F9GI@HC:H<97CBHF57H



(,-(+& ,

"B588=H=CBHC5@@CH<9FF9A98=9G5H%5KCFEI=HM	H<9CIBHMA5MC::G9H:FCA5BMACB9M
8I9HCH<9CBHF57HCF5BM5ACIBHGCBHF57HCFCK9GHCH<9CIBHM:CF85A5;9GF9GI@H=B;
:FCA6F957<CF89:=7=9B7=9G=BD9F:CFA5B79C:H<97CBHF57H




,.('-+-"' 



-<9CBHF57HCFA5MBCH5GG=;BHC5BCH<9FCBHF57HCFCFGI67CBHF57HHC5BCH<9F
D5FHM :CF D9F:CFA5B79 C: H<9 H9FAG 5B8 7CB8=H=CBG <9F9C: K=H<CIH H<9 KF=HH9B
7CBG9BH C: H<9 CIBHM @@ 7CFF9GDCB89B79 5IH<CF=N=B; GI67CBHF57H=B; AIGH
F9:9F9B79H<96=8G9F=5@BIA69F5B8=89BH=:MH<9>C6CFDFC>97H



-<9GI67CBHF57HCFUGF5H9:CFH<9>C6G<5@@BCH9L7998H<5HC:H<9DF=A9CBHF57HCFUG
F5H9	5G6=8=BH<9DF=7=B;G97H=CB	IB@9GGH<9DF=A9CBHF57HCF=GK=@@=B;HC56GCF6
5BM<=;<9FF5H9G-<9GI67CBHF57HCFUG=BJC=79G<5@@69=BJC=7988=F97H@MHCH<9DF=A9
CBHF57HCF	K<C=BHIFBG<5@@D5GG
H<FCI;<H<97CGHGHCH<9CIBHM	K=H<CIHA5F?
ID7CDMC:H<9GI67CBHF57HCFUG=BJC=79AIGH577CAD5BMH<9DF=A9CBHF57HCFUG
=BJC=79



&'&'-,

@@5A9B8A9BHGHCH<=G7CBHF57HG<5@@69=BKF=H=B;5B85DDFCJ98G=;B986M6CH<D5FH=9G
&5F=7CD5CIBHM(::=79C:)FC7IF9A9BH,9FJ=79GG<5@@69F9GDCBG=6@9:CF5DDFCJ=B;5@@
5A9B8A9BHG:CF&5F=7CD5CIBHM



"-"(',%-"(',(+*."+&'-,

-<9CIBHMF9G9FJ9GH<9F=;<HHC5885B8CF89@9H9A5H9F=5@G5B8G9FJ=79GHC57CBHF57H":
5G9FJ=79F9EI=F9A9BH=G89@9H98	D5MA9BHHCH<9CBHF57HCFK=@@69F98I798DFCDCFH=CB5H9@M
HCH<95ACIBHC:G9FJ=79F98I798=B577CF85B79K=H<H<96=8DF=79":588=H=CB5@A5H9F=5@G
CF G9FJ=79G 5F9 F9EI=F98 :FCA 5 7CBHF57H	 DF=79G :CF GI7< 588=H=CBG K=@@ 69 B9;CH=5H98
69HK99BH<9CBHF57HCF5B8H<9CIBHM



+" !-,"'-


		


-<9CIBHMG<5@@<5J9H<9IG9C:85H55B8F9DCFHGF9GI@H=B;:FCA57CBHF57HK=H<CIH
588=H=CB5@ 7CGH CF CH<9F F9GHF=7H=CB 9L79DH 5G A5M 69 9GH56@=G<98 6M @5K CF
5DD@=756@9F9;I@5H=CB57<D5FHMG<5@@GIDD@MHCH<9CH<9FD5FHM	IDCBF9EI9GH	5BM
5J5=@56@9 =B:CFA5H=CB H<5H =G F9@9J5BH HC 5 7CBHF57H 5B8 HC H<9 D9F:CFA5B79
H<9F9IB89F


5H5	F97CF8G	F9DCFHG	5B85@@CH<9F=B:CFA5H=CB;9B9F5H98:CFH<9CIBHM6M5H<=F8
D5FHM5GH<9F9GI@HC:57CBHF57H5F9H<9DFCD9FHMC:H<9CIBHM5B8G<5@@69DFCJ=898
=B5:CFA5H89G=;B5H986MH<9CIBHMCFG<5@@695B8F9A5=B5779GG=6@9HCH<9
CIBHM=BHCD9FD9HI=HM



,,-('+-'-"('(+(+,(+-!).+)(,(."-'(+
(-!++/"0


"B577CF85B79K=H<,97H=CB&
C:H<9&5F=7CD5CIBHM)FC7IF9A9BHC89	
H<9CBHF57HCF5;F99GHCF9H5=BD<MG=75@CF8=;=H5@7CD=9GC:5@@6CC?G	F97CF8G	
577CIBHG	GH5H9A9BHG	F9DCFHG	:=@9G	5B8CH<9FF97CF8G5B8657?
ID8C7IA9BH5H=CB
F9@9J5BHHCH<=G7CBHF57H:CFG=LM95FG5:H9F:=B5@D5MA9BHCFIBH=@5:H9FH<9F9GC@IH=CB
C:5BM5I8=HEI9GH=CBG	K<=7<7CI@869ACF9H<5BG=LM95FG	K<=7<9J9F=G@CB;9GH
-<9CIBHM	989F5@CF,H5H95I8=HCFG5B85BMCH<9FD9FGCBG8I@M5IH<CF=N986M
H<989D5FHA9BHG<5@@<5J9:I@@5779GGHC5B8H<9F=;<HHC9L5A=B9	7CDM	5B8A5?9
IG9C:	5BM5B85@@G5=8A5H9F=5@G


":H<9CBHF57HCFUG6CC?G	F97CF8G	577CIBHG	GH5H9A9BHG	F9DCFHG	:=@9G	5B8CH<9F
F97CF8G5B8657?
ID8C7IA9BH5H=CBF9@9J5BHHCH<=G7CBHF57H5F9BCHGI::=7=9BHHC
GIDDCFH5B88C7IA9BHH<5HF9EI9GH98G9FJ=79GK9F9DFCJ=898	H<9CBHF57HCFG<5@@
F9=A6IFG9 &5F=7CD5 CIBHM :CF H<9 G9FJ=79G BCH GC 589EI5H9@M GIDDCFH98 5B8
8C7IA9BH98



."-",%%(0',

":5H5BMH=A9=H=G89H9FA=B986MH<9CIBHMH<5H57CGH:CFK<=7<D5MA9BH<5G699BA589
=G58=G5@@CK987CGH	H<9CIBHMG<5@@BCH=:MH<9CBHF57HCF=BKF=H=B;C:H<98=G5@@CK5B79
-<97CIFG9C:57H=CBHC588F9GGH<98=G5@@CK5B79G<5@@695HGC@98=G7F9H=CBC:H<9CIBHM	
5B8A5M=B7@I899=H<9F5B58>IGHA9BHHC:IHIF9=BJC=79G	F9EI9GH:CF7F98=H	F9EI9GH:CF5
7<97?	 CF 5 898I7H=CB :FCA 7IFF9BH =BJC=79G GI6A=HH98 6M H<9 CBHF57HCF 9EI5@ HC H<9
5ACIBHC:H<98=G5@@CK5B79	CFHCF9EI=F9F9=A6IFG9A9BH:CFH<K=H<C:H<98=G5@@CK985ACIBH
6MH<9CBHF57HCF6M=GGI=B;57<97?D5M56@9HC&5F=7CD5CIBHM




,-+"-(&)%"'

779DH5B796MCIBHMC:5D9F:CFA5B79H<5H=GBCH=BGHF=7H7CAD@=5B79K=H<H<9H9FAGC:
H<97CBHF57HG<5@@BCH69899A98HC695K5=J9FC:GHF=7H7CAD@=5B79K=H<F9GD97HHC5@@CH<9F
H9FAGC:H<97CBHF57H


/%""-2

-<9=BJ5@=8=HM	=BK<C@9CF=BD5FH	C:5BMDFCJ=G=CBC:H<=G7CBHF57HG<5@@BCHJC=8CF5::97H
H<9J5@=8=HMC:5BMCH<9FDFCJ=G=CBC:H<97CBHF57H



,/+"%"-2

-<9F9ACJ5@	=BK<C@9CF=BD5FH	C:5BMDFCJ=G=CBC:H<=G7CBHF57HG<5@@BCHJC=8CF5::97HH<9
J5@=8=HMC:5BMCH<9FDFCJ=G=CBC:H<=G7CBHF57H



+%-"(',!"),


"BH<9D9F:CFA5B79C:H<9G9FJ=79G89G7F=698<9F9=B	H<9CBHF57HCFG<5@@57HGC@9@M
5G5B=B89D9B89BHCBHF57HCF	5B8BCH<=B;<9F9=BCF=AD@=98<9F9=BG<5@@5H5BM

		

H=A9697CBGHFI985GHC7F95H9H<9F9@5H=CBG<=DC:9AD@CM9F5B89AD@CM99	7C
9AD@CM99	D5FHB9FG<=D	DF=B7=D5@5B85;9BH	CF>C=BHJ9BHIF969HK99BH<9CIBHM
5B8H<9CBHF57HCF


-<9 CIBHM F9G9FJ9G H<9 F=;<H C: :=B5@ 5DDFCJ5@ CB DFCDCG98 GH5:: @GC	 IDCB
F9EI9GH6MH<9CIBHM	H<9CBHF57HCFK=@@69F9EI=F98HCF9ACJ95BM9AD@CM99G
KCF?=B;CBCIBHMDFC>97HG5B8GI6GH=HIH9D9FGCBB9@65G98CBH<98=G7F9H=CBC:
H<9CIBHMK=H<=BHKC6IG=B9GG85MG	IB@9GGDF9J=CIG@M5DDFCJ986MH<9CIBHM


-<9CIBHMF9G9FJ9GH<9F=;<HC::=B5@5DDFCJ5@CBDFCDCG98GH5:::CF5@@-5G?
(F89FG@GC	IDCBF9EI9GH6MH<9CIBHM	H<9CBHF57HCFK=@@69F9EI=F98HC
F9ACJ95BM9AD@CM99GKCF?=B;CBCIBHMDFC>97HG5B8GI6GH=HIH9D9FGCBB9@
65G98CBH<98=G7F9H=CBC:H<9CIBHMK=H<=BHKC6IG=B9GG85MG	IB@9GG
DF9J=CIG@M5DDFCJ986MH<9CIBHM




'('
",+"&"'-"('

CBHF57HCF5;F99GHC7CAD@MK=H<5@@DFCJ=G=CBG5B8F9EI=F9A9BHGC:F=NCB5L97IH=J9
(F89F 



	 =B7@I8=B; :@CK 8CKB C: 5@@ DFCJ=G=CBG 5B8 F9EI=F9A9BHG HC 5BM
GI67CBHF57HCFGL97IH=J9(F89F



GID9FG989GL97IH=J9(F89F
5B85A9B8G
L97IH=J9(F89F
5B8=G<9F96M=B7CFDCF5H98=BHCH<=G7CBHF57H5G=:G9H:CFH<=B:I@@
<9F9=BIF=B;H<9D9F:CFA5B79C:H<=G7CBHF57H	CBHF57HCFG<5@@BCH8=G7F=A=B5H95;5=BGH
5BM9AD@CM99	7@=9BH	CF5BMCH<9F=B8=J=8I5@=B5BMK5M6975IG9C:H<5HD9FGCBUG5;9	F579	
7F998	7C@CF	F9@=;=CB	G9L	8=G56=@=HM	CFB5H=CB5@CF=;=BF=NCB5L97IH=J9(F89F




75B69J=9K985H<HHDG5DDG5NGCG;CJDI6@=74G9FJ=79GF9;=GH9F

;CJ9FBCFD8:



0+"--'+-""-"(').+,.'-HC+,O



":J9B8CF9B;5;9G=B:CF
DFC:=H57H=J=HM5B8<5G
CFACF99AD@CM99G	5B8=:H<=G5;F99A9BH
<5G5J5@I9C:

	


CFACF9	J9B8CF79FH=:=9G=H=GBCH7IFF9BH@M9B;5;98=B	5B85;F99G
:CFH<98IF5H=CBC:H<=G5;F99A9BHHCBCH9B;5;9=B	56CM7CHHC:;CC8GCFG9FJ=79G:FCA
"GF59@-<=G79FH=:=75H=CB8C9GBCH5DD@MHC56CM7CHHDFC<=6=H986M
.,OCF5
F9;I@5H=CB=GGI98DIFGI5BHHC
.,O



+-""-"('+ +"' +&'-',.,)',"('


-<9IB89FG=;B985IH<CF=N98C::=7=5@G=;B=B;CB69<5@:C:H<9CBHF57HCF79FH=:=9G
HC H<9 69GH C: <=G CF <9F ?BCK@98;9 5B8 69@=9: H<5H H<9 CBHF57HCF	 =HG 7IFF9BH
C::=79FG	5B88=F97HCFG


5F9 BCH DF9G9BH@M 8965FF98	 GIGD9B898	 DFCDCG98 :CF 8965FA9BH	
897@5F98 =B9@=;=6@9	 CF JC@IBH5F=@M 9L7@I898 :FCA 69=B; 5K5F898 5BM
7CBHF57HCF;F5BH6M5BM.B=H98,H5H9G89D5FHA9BHCF5;9B7MCF5BM
GH5H9	CF@C75@>IF=G8=7H=CB


<5J9BCHK=H<=B5H<F99
M95FD9F=C8DF9798=B;H<=G7CBHF57H


699B 7CBJ=7H98 C: :F5I8 CF 5BM 7F=A=B5@ C::9BG9 =B
7CBB97H=CBK=H<C6H5=B=B;	5HH9ADH=B;HCC6H5=B	CF5GH<9
F9GI@HC:D9F:CFA=B;5;CJ9FBA9BH9BH=HM989F5@	,H5H9CF
@C75@HF5BG57H=CBCF7CBHF57HCF


699B7CBJ=7H98C:J=C@5H=CBC:5BM989F5@CF,H5H95BH=HFIGH
GH5HIH9G CF 7CBJ=7H=CB :CF 9A69NN@9A9BH	 H<9:H	 :CF;9FM	
6F=69FM	:5@G=:=75H=CBCF89GHFI7H=CBC:F97CF8G	A5?=B;:5@G9
GH5H9A9BHG	 CF F979=J=B; GHC@9B DFCD9FHM F9;5F8=B; 5
;CJ9FBA9BH9BH=HMHF5BG57H=CBCF7CBHF57H


		


5F9BCHDF9G9BH@M=B8=7H98CF7F=A=B5@@M7<5F;986M5;CJ9FBA9BH9BH=HM
989F5@	 ,H5H9 CF @C75@ K=H< 7CAA=GG=CB C: 5BM 7F=A=B5@ C::9BG9G =B
7CBB97H=CB K=H< C6H5=B=B;	 5HH9ADH=B; HC C6H5=B	 CF 5G H<9 F9GI@H C:
D9F:CFA=B; 5 ;CJ9FBA9BH 9BH=HM DI6@=7 989F5@	 ,H5H9 CF @C75@
HF5BG57H=CBCF7CBHF57H


5F9BCHDF9G9BH@M:57=B;5BM7=J=@7<5F;9G:FCA5BM;CJ9FBA9BH5@9BH=HM
F9;5F8=B; C6H5=B=B;	 5HH9ADH=B; HC C6H5=B	 CF :FCA D9F:CFA=B; 5BM
;CJ9FBA9BH5@9BH=HM7CBHF57HCFCH<9FHF5BG57H=CB5B8


<5J9 BCH K=H<=B 5 H<F99
M95F D9F=C8 DF9798=B; H<=G 7CBHF57H <58 5BM
DI6@=7 HF5BG57H=CB 989F5@	 ,H5H9 CF @C75@ H9FA=B5H98 :CF 75IG9 CF
89:5I@H


":5BMC:H<956CJ97=F7IAGH5B79G89G7F=698=BH<9D5F5;F5D<5F95DD@=756@9HCH<9
9BH=HMGI6A=HH=B;56=8:CFH<=GF9EI=F9A9BH	=B7@I89K=H<MCIF6=85B9LD@5B5H=CBC:
H<9A5HH9F=B7@I8=B;5BM:=B5@F9GC@IH=CB


-<9 CBHF57HCF G<5@@ =B7@I89	 K=H<CIH AC8=:=75H=CB	 H<=G 7@5IG9 =B 5@@ @CK9F H=9F
7CJ9F98HF5BG57H=CBG=9	HF5BG57H=CBGK=H<GI67CBHF57HCFGCFGI6
GI67CBHF57HCFG
5B8=B5@@GC@=7=H5H=CBG:CF@CK9FH=9F7CJ9F98HF5BG57H=CBGF9@5H98HCH<=G7CBHF57H":
H<=G7@5IG9=G5DD@=756@9HC5GI67CBHF57HCFCFGI6
GI67CBHF57HCF	H<9CBHF57HCF
G<5@@=B7@I89H<9=B:CFA5H=CBF9EI=F986MH<=G7@5IG9K=H<H<9=F6=8



/+""-"(' + +"'  (&)%"' 0"-! +, O 

 ' +%
"&&" +-"('%0,'+ .%-"(',


M 9BH9F=B; =BHC H<9 7CBHF57H	 H<9 CBHF57HCF K5FF5BHG 7CAD@=5B79 K=H< H<9
"AA=;F5H=CB 5B8 '5H=CB5@=HM 7H "' IG=B; 
/9F=:M 5B8 5@@ CH<9F 989F5@
=AA=;F5H=CB@5KG5B8F9;I@5H=CBGF9@5H98HCH<9=AA=;F5H=CBGH5HIGC:=HG9AD@CM99G
5B8 +, O 
 -<9 CBHF57HCF G<5@@ C6H5=B GH5H9A9BHG :FCA =HG
GI67CBHF57HCFG 79FH=:M=B; 7CAD@=5B79 5B8 G<5@@ :IFB=G< H<9 GH5H9A9BHG HC H<9
DFC7IF9A9BHC::=79FIDCBF9EI9GH-<9G9K5FF5BH=9GG<5@@F9A5=B=B9::97HH<FCI;<
H<9H9FAC:H<97CBHF57H-<9CBHF57HCF5B8=HGGI67CBHF57HCFGG<5@@5@GCA5=BH5=B
AD@CMA9BH@=;=6=@=HM/9F=:=75H=CB:CFAG"
5GF9EI=F986MH<9"AA=;F5H=CB+9:CFA
5B8CBHFC@7HC:	5G5A9B898:FCAH=A9HCH=A9	:CF5@@9AD@CM99GD9F:CFA=B;
KCF?IB89FH<97CBHF57H5B8J9F=:M9AD@CM997CAD@=5B79IG=B;H<9
/9F=:MGMGH9A
5B8 G<5@@ ?99D 5 F97CF8 C: H<9 J9F=:=75H=CB :CF H<9 8IF5H=CB C: H<9 9AD@CM99UG
9AD@CMA9BHCF5H@95GHH<F99M95FG	K<=7<9J9F=G@CB;9F"
:CFAG5F95J5=@56@9:CF
8CKB@C585HKKKIG7=G;CJ


-<9 CIBHM F9H5=BG H<9 @9;5@ F=;<H HC =BGD97H 8C7IA9BHG C: CBHF57HCF 5B8
GI67CBHF57HCF9AD@CM99GD9F:CFA=B;KCF?IB89FH<=G7CBHF57HHCJ9F=:M7CAD@=5B79
K=H<D5F5;F5D<
C:H<=GG97H=CBCBHF57HCF5B8GI67CBHF57HCFG<5@@69;=J9B
F95GCB56@9BCH=79C:H<9CIBHMUG=BH9BHHC=BGD97H5B8G<5@@A5?9H<98C7IA9BHG
5J5=@56@95HH<9H=A95B885H9GD97=:=98,<CI@8H<9CIBHMGIGD97HCF:=B8H<5HH<9
CBHF57HCF CF 5BM C: =HG GI67CBHF57HCFG 5F9 BCH =B 7CAD@=5B79	 H<9 CIBHM K=@@
7CBG=89FH<=G5A5H9F=5@6F957<C:H<97CBHF57H5B8A5MDIFGI95BM5B85@@F9A98=9G
5@@CK986M@5K	=B7@I8=B;	6IHBCH@=A=H98HCGIGD9BG=CBC:KCF?	H9FA=B5H=CBC:H<9
7CBHF57H:CF89:5I@H	5B8GIGD9BG=CB5B8CF8965FA9BHC:H<9CBHF57HCF@@7CGHG
B979GG5FMHCJ9F=:M7CAD@=5B795F9H<9F9GDCBG=6=@=HMC:H<9CBHF57HCF



('-+-(+ AD@CM99 0!",-%%(0+ +" !-, ' +*."+&'- -(
"'(+&&)%(2,(0!",-%%(0++" !-,


-<9D5FH=9G5;F99H<5HH<=G7CBHF57H5B89AD@CM99GKCF?=B;CBH<=G7CBHF57HK=@@69
GI6>97HHCH<9CBHF57HCF9AD@CM99K<=GH@96@CK9FDFCH97H=CBG9GH56@=G<986M-=H@9
.,O5B8,97H=CB
C:H<9989F5@7EI=G=H=CB+9;I@5H=CB


		


CBHF57HCFG<5@@=B:CFA=HG9AD@CM99G=BKF=H=B;	=BH<9DF98CA=B5BH@5B;I5;9C:
H<9KCF?:CF79	C:9AD@CM99K<=GH@96@CK9FF=;<HG5B8DFCH97H=CBGIB89F.,
O 	 5G 89G7F=698 =B ,97H=CB 
 C: H<9 989F5@ 7EI=G=H=CB +9;I@5H=CB
C7IA9BH5H=CBC:GI7<9AD@CM99BCH=:=75H=CBAIGH69?9DHCB:=@96MCBHF57HCF
5B87CD=9GDFCJ=898HCCIBHMIDCBF9EI9GH


CBHF57HCFG<5@@=BG9FHH<9GI6GH5B79C:H<=G7@5IG9	=B7@I8=B;H<=GD5F5;F5D<	=B5@@
GI67CBHF57HGCJ9FH<9G=AD@=:=9857EI=G=H=CBH<F9G<C@8
	


5GC::=G75@M95F



('-+-(+%"',+*."+&'-


-<9 CBHF57HCF G<5@@ DFC7IF9 5@@ D9FA=HG	 =BGIF5B79	 5B8 @=79BG9G	 5B8 D5M H<9
7<5F;9G 5B8 :99G B979GG5FM 5B8 =B7=89BH5@ HC H<9 @5K:I@ 7CB8I7H C: <=G<9F
6IG=B9GG	 5B8 5G B979GG5FM 7CAD@9H9 5BM F9EI=F9A9BHG	 6M 5BM 5B8 5@@
;CJ9FBA9BH5@CFBCB
;CJ9FBA9BH5@9BH=H=9G5GA5B85H98HCA5=BH5=B7CAD@=5B79
K=H< 5B8 F9A5=B =B ;CC8 GH5B8=B; -<9 CBHF57HCF G<5@@ ?99D :I@@M =B:CFA98 C:
9L=GH=B;5B8:IHIF9HF589CF=B8IGHFMF9EI=F9A9BHG	5B8989F5@	,H5H9	5B8@C75@
@5KG	CF8=B5B79G	5B8F9;I@5H=CBGK<=7<=B5BMA5BB9F5::97HH<9:I@:=@@A9BHC:5
7CBHF57H5B8G<5@@7CAD@MK=H<H<9G5A9CBHF57HCFG<5@@=AA98=5H9@MBCH=:M6CH<
(::=79 C: )FC7IF9A9BH ,9FJ=79G 5B8 H<9 89D5FHA9BH C: 5BM 5B8 5@@ 7<5B;9G
7CB79FB=B;D9FA=HG	=BGIF5B79	CF@=79BG9G



"'%.'


GDF9G7F=698=B&

C:H<9&5F=7CD5CIBHM)FC7IF9A9BHC89	5BM9::CFH
HC=B:@I9B795B9AD@CM99CF5;9BHHC6F957<H<9&5F=7CD5CIBHMH<=75@C89C:
CB8I7HCF5BM9H<=75@7CB8I7H	A5M69;FCIB8G:CF8=G65FA9BHCFGIGD9BG=CB
IB89F&




B5HH9ADHHC=B:@I9B79=B7@I89G	6IH=GBCH@=A=H98HC


 D9FGCB C::9F=B; CF DFCJ=8=B; 5 ;F5HI=HM	 ;=:H	 H=D	 DF9G9BH	 8CB5H=CB	
ACB9M	9BH9FH5=BA9BHCF98I75H=CB5@D5GG9GCFH=7?9HG	CF5BMHMD9C:
J5@I56@97CBHF=6IH=CBCFGI6G=8MH<5H=GC::9F98CF;=J9BK=H<H<9=BH9BHHC
=B:@I9B795897=G=CB	C6H5=B57CBHF57H	;5FB9F:5JCF56@9HF95HA9BH	CF
;5=B:5JCF56@97CBG=89F5H=CBC:5BM?=B8


":5D9FGCB5HH9ADHGHC=B:@I9B795BM9AD@CM99CF5;9BHC:&5F=7CD5CIBHM	H<9
7<=9:DFC7IF9A9BHC::=79F	CF<=G89G=;B99	F9G9FJ9GH<9F=;<HHCG99?5BMF9A98M
DFCJ=8986MH<9&5F=7CD5CIBHM)FC7IF9A9BHC89	5BMF9A98M=B9EI=HMCF=B
H<9@5K	CF5BMF9A98MDFCJ=8986MH<=G7CBHF57H





('"'-"%"'(+&-"('


BM=B:CFA5H=CBC6H5=B98=BH<97CIFG9C:D9F:CFA=B;H<=G7CBHF57HA5M=B7@I89
=B:CFA5H=CB H<5H =G DFCDF=9H5FM CF 7CB:=89BH=5@ HC H<9 CIBHM -<=G DFCJ=G=CB
9GH56@=G<9GH<9CBHF57HCFUGC6@=;5H=CBF9;5F8=B;GI7<=B:CFA5H=CB


-<9 CBHF57HCF G<5@@ 9GH56@=G< 5B8 A5=BH5=B DFC798IF9G 5B8 7CBHFC@G H<5H 5F9
589EI5H9HC5GGIF9H<5HBC=B:CFA5H=CB7CBH5=B98=B=HGF97CF8G5B8CFC6H5=B98
:FCAH<9CIBHMCF:FCACH<9FG=B75FFM=B;CIH=HG:IB7H=CBGG9FJ=79GIB89FH<9
7CBHF57HG<5@@69IG986MCF8=G7@CG986M=H	=HG5;9BHG	C::=79FG	CF9AD@CM99G	
9L79DH5GF9EI=F98HC9::=7=9BH@MD9F:CFA8IH=9GIB89FH<97CBHF57H-<9CBHF57HCFUG
DFC798IF9G5B87CBHFC@G	5H5A=B=AIA	AIGH69H<9G5A9DFC798IF9G5B87CBHFC@G
=HIG9GHCDFCH97H=HGCKBDFCDF=9H5FMCF7CB:=89BH=5@=B:CFA5H=CB":	5H5BMH=A9
8IF=B;H<98IF5H=CBC:H<97CBHF57H	H<9CIBHM89H9FA=B9GH<5HH<9DFC798IF9G5B8

		

7CBHFC@G=BD@5795F9BCH589EI5H9	H<9CBHF57HCFG<5@@=BGH=HIH95BMB9K5B8CF
588=H=CB5@ A95GIF9G F9EI9GH98 6M H<9 CIBHM K=H<=B  6IG=B9GG 85MG C: H<9
KF=HH9BF9EI9GHHC8CGC


BMF9EI9GHGHCH<9CBHF57HCF:CFCIBHMDFCDF=9H5FMCF7CB:=89BH=5@=B:CFA5H=CB
G<5@@69F9:9FF98HCH<9CIBHM:CFF9J=9K5B85DDFCJ5@	DF=CFHC5BM8=GG9A=B5H=CB






).%"+(+,

.B89F F=NCB5 @5K	 5@@ C::9FG GI6A=HH98 5B8 CD9B98 5F9 DI6@=7 F97CF8G 5B8 AIGH 69
F9H5=B986MH<9CIBHM5HH<9&5F=7CD5CIBHM(::=79C:)FC7IF9A9BH,9FJ=79G(::9FGG<5@@
69CD9BHCDI6@=7=BGD97H=CB5B87CDM=B;5:H9F7CBHF57H5K5F85B89L97IH=CB	9L79DH:CF
GI7<C::9FGCFG97H=CBGH<9F9C:89H9FA=B98HC7CBH5=BDFCDF=9H5FMCF7CB:=89BH=5@=B:CFA5H=CB
6MH<9(::=79C:)FC7IF9A9BH,9FJ=79G":5BC::9FCF69@=9J9GH<5H=B:CFA5H=CB=B=HGC::9FCF
5BMF9GI@H=B;7CBHF57HG<CI@8BCH69F9@95G98=BF9GDCBG9HC5DI6@=7F97CF8F9EI9GH	IB89F
F=NCB5 @5K	 H<9 C::9FCF G<5@@ =B8=75H9 H<9 GD97=:=7 =B:CFA5H=CB 899A98 7CB:=89BH=5@ CF
DFCDF=9H5FM5B8GI6A=H5GH5H9A9BHK=H<=HGC::9F89H5=@=B;H<9F95GCBGH<5HH<9=B:CFA5H=CB
G<CI@8BCH698=G7@CG98,I7<F95GCBGG<5@@=B7@I89H<9GD97=:=7<5FACFDF9>I8=79K<=7<
A5M5F=G9:FCA8=G7@CGIF9-<9F97CF8GA5B5;9FC:H<9(::=79C:)FC7IF9A9BH,9FJ=79G
G<5@@89H9FA=B9K<9H<9FH<9=89BH=:=98=B:CFA5H=CB=G7CB:=89BH=5@DIFGI5BHHCH<9&5F=7CD5
CIBHM)FC7IF9A9BHC89



"'- +-"('

-<=G 7CBHF57H F9DF9G9BHG H<9 9BH=F9 5B8 =BH9;F5H98 5;F99A9BH 69HK99B H<9 D5FH=9G 5B8
GID9FG989G
5@@
DF=CF
B9;CH=5H=CBG	
DFCDCG5@G	
7CAAIB=75H=CBG	
IB89FGH5B8=B;G	
F9DF9G9BH5H=CBG	CF5;F99A9BHG	K<9H<9FCF5@CFKF=HH9B	9LDF9GG98	CF=AD@=98



.'"(+&&"'",-+-"/+*."+&'-,

M9BH9F=B;=BHCH<=G7CBHF57H	H<9CBHF57HCF5;F99GHC7CAD@MK=H<5@@5DD@=756@9DFCJ=G=CBG
C:
-=H@9
	
,I6H=H@9
	
<5DH9F
""	
)5FH


R.'"(+&
&"'",-+-"/
+*."+&'-,	(,-)+"'")%,	'."-+*."+&'-,(++%
0+,7CBH5=B98=B-=H@9+O








 (/+'"' %0

-<=G7CBHF57HG<5@@69;CJ9FB986MH<9@5KGC:H<9,H5H9C:F=NCB5/9BI9:CF5BM57H=CBG
CF @5KGI=HG =BJC@J=B; H<=G 7CBHF57H K=@@ 69 =B &5F=7CD5 CIBHM ,ID9F=CF CIFH	 )<C9B=L	
F=NCB5



(+%(+


MGI6A=HH=B;56=8:CFH<=GGC@=7=H5H=CB5B8CF9BH9F=B;=BHC57CBHF57H5G5F9GI@HC:
H<=GGC@=7=H5H=CB	7CBHF57HCF5;F99GHC7CAD@MK=H<5@@5DD@=756@9DCFH=CBGC:F=NCB5
+9J=G98 ,H5HIH9G ,97H=CB 
CBHF57H=B; DFC7IF9A9BH DFC<=6=H=CB KF=HH9B
79FH=:=75H=CBF9A98MH9FA=B5H=CB9L79DH=CB89:=B=H=CBG


CBHF57HCF79FH=:=9GH<5H=H8C9GBCH7IFF9BH@M	5B85;F99G:CFH<98IF5H=CBC:H<9
7CBHF57H	H<5H=HK=@@BCHIG9


-<9:CF798@56CFC:9H<B=7.M;<IFG=BH<9)9CD@9UG+9DI6@=7C:<=B5


		


BM;CC8GCFG9FJ=79GDFC8I7986MH<9:CF798@56CFC:9H<B=7.M;<IFG
=BH<9)9CD@9UG+9DI6@=7C:<=B5


BM7CBHF57HCFG	GI67CBHF57HCFGCFGIDD@=9FGH<5HIG9H<9:CF798@56CFCF
5BM;CC8CFG9FJ=79GDFC8I7986MH<9:CF798@56CFC:9H<B=7.M;<IFG=B
H<9)9CD@9UG+9DI6@=7C:<=B5


":7CBHF57HCF697CA9G5K5F98IF=B;H<9H9FAC:H<95;F99A9BHH<5H7CBHF57HCF=G
BCH=B7CAD@=5B79K=H<H<=GD5F5;F5D<	H<97CBHF57HCFG<5@@BCH=:MH<9CIBHMK=H<=B
:=J96IG=B9GG85MG5:H9F697CA=B;5K5F9C:H<9BCB7CAD@=5B79":H<97CBHF57HCF
:5=@GHCDFCJ=895KF=HH9B79FH=:=75H=CBHCH<9CIBHMH<5HH<97CBHF57HCF<5GF9A98=98
H<9BCB7CAD@=5B79K=H<=B
85MG5:H9FBCH=:M=B;H<9CIBHMC:=HGBCB7CAD@=5B79	
H<9B H<9 5;F99A9BH H9FA=B5H9G	 9L79DH H<5H =: H<9 5;F99A9BH H9FA=B5H=CB 85H9
C77IFG 69:CF9 H<9 9B8 H<9 
85M D9F=C8	 H<9 5;F99A9BH H9FA=B5H9G CB H<9
5;F99A9BHH9FA=B5H=CB85H9



)+",

CBHF57HCFK5FF5BHGH<5HDF=79G9LH9B898HCCIBHMIB89FH<=G7CBHF57H5F9BC<=;<9FH<5B
H<CG9D5=86M5BMCH<9F7IGHCA9F:CFH<9G9CFG=A=@5FG9FJ=79G



(++()+'

"B H<9 9J9BH C: 5 7CB:@=7H =B H<9 DFCJ=G=CBG C: H<=G 7CBHF57H 5B8 CBHF57HCFUG @=79BG9
5;F99A9BH	=:5DD@=756@9	H<9H9FAGC:H<=G7CBHF57HG<5@@DF9J5=@



.'"*. '-"-2 "'-""+ ." ' ,2,-& (+ 0+ &' &'-
+ ",-+-"('

@@
7CBHF57HCFG
H<5H
F979=J9
:IB8=B;
AIGH
<5J9
5
."
BIA69F
H<FCI;<
<HHDGG5A;CJ7CBH9BH9BH=HM
F9;=GHF5H=CB CBHF57HCF AIGH 5@GC F9A5=B 7IFF9BH K=H< H<9
,MGH9A:CFK5F8&5B5;9A9BHKKKG5A;CJH<FCI;<CIHH<9H9FAC:H<97CBHF57H



+%" "(.,-"/"-",

-<97CBHF57HCF5;F99GH<5H7CGHG	D@5BB98CF7@5=A98	=B7@I8=B;7CGHG=B7IFF98	G<5@@BCH
=B7@I895BM9LD9BG9:CF5BMF9@=;=CIG57H=J=HM






)(%"-"%-"/"-2)+(!""-

'CB9 C: H<9 :IB8G	 A5H9F=5@G	 DFCD9FHM	 CF G9FJ=79G 7CBHF=6IH98 6M H<9 CIBHM CF H<9
7CBHF57HCFIB89FH<95;F99A9BHG<5@@69IG98=BH<9D9F:CFA5B79C:H<=G5;F99A9BH:CF5BM
D5FH=G5BDC@=H=75@57H=J=HM	CFHC:IFH<9FH<99@97H=CBCF89:95HC:5BM75B8=85H9:CFDI6@=7
C::=79




*.%&)%(2&'-())(+-.'"-2


-<9 7CBHF57HCF G<5@@ BCH 8=G7F=A=B5H9 5;5=BGH 5BM 9AD@CM99 CF 5DD@=75BH :CF
9AD@CMA9BH6975IG9C:F579	5;9	8=G56=@=HM	7C@CF	F9@=;=CB	G9L	CFB5H=CB5@CF=;=B
-<97CBHF57HCFG<5@@H5?95::=FA5H=J957H=CBHC9BGIF95DD@=75BHG5F99AD@CM985B8
H<5H9AD@CM99G5F9HF95H988IF=B;9AD@CMA9BHK=H<CIHF9;5F8HCH<9=FF579	5;9	
8=G56=@=HM	7C@CF	F9@=;=CB	G9L	CFB5H=CB5@CF=;=B,I7<57H=CBG<5@@=B7@I896IH=GBCH
@=A=H98HCH<9:C@@CK=B;9AD@CMA9BH	ID;F58=B;	89ACH=CBCFHF5BG:9F	F97FI=HA9BH	
CFF97FI=HA9BH58J9FH=G=B;	@5M
C::CFH9FA=B5H=CB	F5H9GC:D5MCFCH<9F:CFAGC:
7CAD9BG5H=CB	5B8G9@97H=CB:CFHF5=B=B;	=B7@I8=B;5DDF9BH=79G<=D

		



CBHF57HCFG<5@@7CAD@MK=H<H<9:C@@CK=B;DFCJ=G=CBG


-=H@9/"5B8/""C:H<9=J=@+=;<HG7HC:	5G5A9B898.,
OO


5	9HG9E


-<9+9<56=@=H5H=CB7HC:	5G5A9B898.,OO
	9HG9E


-<9 ;9 =G7F=A=B5H=CB =B AD@CMA9BH 7H C: 	 5G 5A9B898
.,OO	9HG9E


-<9A9F=75BG0=H<=G56=@=H=9G7HC:
.,OO
	9H
G9E5B8F=NCB5L97IH=J9(F89F



	5G5A9B898	9HG9EK<=7<
A5B85H9G H<5H 5@@ D9FGCBG G<5@@ <5J9 9EI5@ 5779GG HC 9AD@CMA9BH
CDDCFHIB=H=9G


CBHF57HCF IB89FGH5B8G H<5H H<9 .B=H98 ,H5H9G <5G H<9 F=;<H HC G99?
>I8=7=5@9B:CF79A9BHC:H<=G5GGIF5B79




+-""-"('+ +"' %(2"' 


CBHF57HCF79FH=:=9G	HCH<969GHC:H<9=F?BCK@98;95B869@=9:	H<5H



'C:989F5@5DDFCDF=5H98:IB8G<5J9699BD5=8CFK=@@69D5=8	6MCFCB
69<5@:C:H<97CBHF57HCF	HC5BMD9FGCB:CF=B:@I9B7=B;CF5HH9ADH=B;HC
=B:@I9B79 5B C::=79F CF 9AD@CM99 C: 5BM 5;9B7M -<=G 5DD@=9G HC 5
&9A69F C: CB;F9GG	 5B C::=79F CF 9AD@CM99 C: CB;F9GG	 CF 5B
9AD@CM99C:5&9A69FC:CB;F9GG=B7CBB97H=CBK=H<H<95K5F8=B;C:
5BM :989F5@ 7CBHF57H	 H<9 A5?=B; C: 5BM :989F5@ ;F5BH "B7@I8=B; H<9
A5?=B; C: 5BM :989F5@	 @C5B H<9 9BH9F=B; =BHC C: 5BM 7CCD9F5H=J9
5;F99A9BH	5B8H<99LH9BG=CB	7CBH=BI5H=CB	F9B9K5@	5A9B8A9BH	CF
AC8=:=75H=CB C: 5BM :989F5@ 7CBHF57H	 ;F5BH	 @C5B	 CF 7CCD9F5H=J9
5;F99A9BH



":5BM:IB8GCH<9FH<5B:989F5@5DDFCDF=5H98:IB8G	<5J9699BD5=8CFK=@@69D5=8
HC5BMD9FGCB:CF=B:@I9B7=B;CF5HH9ADH=B;HC=B:@I9B795BC::=79FCF9AD@CM99C:
5BM 5;9B7M	 A9A69F C: CB;F9GG	 5B C::=79F CF 9AD@CM99 C: CB;F9GG	 CF 5B
9AD@CM99C:5A9A69FC:CB;F9GG=B7CBB97H=CBK=H<H<=G:989F5@7CBHF57H	;F5BH	
@C5B	 CF 7CCD9F5H=J9 5;F99A9BH	 H<9 IB89FG=;B98 G<5@@ 7CAD@9H9 5B8 GI6A=H
,H5B85F8CFA
%%%	S=G7@CGIF9CFAHC+9DCFH%C66M=B;	T=B577CF85B79K=H<=HG
=BGHFI7H=CBG


CBHF57HCFG<5@@=B7@I89%C66M=B;9FH=:=75H=CB@5B;I5;9=BH<95K5F88C7IA9BHG
:CF5@@GI67CBHF57HCFG=B7@I8=B;GI6
;F5BHG	5B87CBHF57HIB89F;F5BHG	@C5BG	5B8
7CCD9F5H=J9 5;F99A9BHG 5B8 H<5H 5@@ GI6
F97=D=9BHG G<5@@ 79FH=:M 5B8 8=G7@CG9
577CF8=B;@M


-<9 %C66M=B; 9FH=:=75H=CB =G 5 A5H9F=5@ F9DF9G9BH5H=CB C: :57H IDCB
K<=7<F9@=5B79K5GD@5798K<9BH<=GHF5BG57H=CB=GA589CF9BH9F98=BHC
,I6A=GG=CBC:H<=G79FH=:=75H=CB=GDF9F9EI=G=H9:CFA5?=B;CF9BH9F=B;=BHC
H<=G HF5BG57H=CB =ADCG98 6M G97H=CB 	 -=H@9 	 ., C89 BM
GI779GG:I@DFCDCG9FGK<C:5=@HC:=@9H<9F9EI=F9879FH=:=75H=CBG<5@@69
GI6>97HHC57=J=@D9B5@HMC:BCH@9GGH<5B
	




5B8BCHACF9H<5B


	




:CF957<GI7<:5=@IF9



		



%'"+-%'0-+-

CBHF57HCFAIGH7CAD@MK=H<5@@5DD@=756@9GH5B85F8G	CF89FG	CFF9EI=F9A9BHG=GGI98IB89F
G97H=CB
C:H<9@95B=F7H.,<	G97H=CB
C:H<9@95B05H9F7H
 .,  L97IH=J9 (F89F 	 5B8 BJ=FCBA9BH5@ )FCH97H=CB ;9B7M
F9;I@5H=CBG
+D5FH




'+ 2)(%"2'(',+/-"('-

CBHF57HCFAIGH58<9F9HCH<9GH5B85F8G5B8DC@=7=9GF9@5H=B;HC9B9F;M9::=7=9B7M	K<=7<
5F97CBH5=B98=BH<9,H5H99B9F;M7CBG9FJ5H=CBD@5B=GGI98=B7CAD@=5B79K=H<H<9B9F;M
)C@=7M5B8CBG9FJ5H=CB7H)I6%
	,H5H




-,$(++,


-<9CIBHMF9G9FJ9GH<9F=;<HHCG9@97H5BM7CBHF57HCFIB89FH<=G7CBHF57H:CF-5G?(F89FG
IB89F	


K=H<CIH7CAD@9H=CBC:5BMCH<9FDFC7IF9A9BH57H=CBK<9BH<9)FC7IF9A9BH
(::=79F89H9FA=B9GH<5H=H=G=BH<9CIBHMUG69GH=BH9F9GH/9B8CFGF979=J=B;5B5K5F8IB89F
H<=G7CBHF57HK=@@69BCH=:=98C:F9EI=F9A9BHGJ5@I98CJ9F	


5B8H<9MK=@@69;=J9B
H=A9HCF9GDCB8HCH<9-5G?(F89FK=H<H<9=FDFCDCG98KCF?D@5B	GH5::5B8DF=79-<9
J9B8CFH<5H69GHA99HGH<9B998C:H<97CIBHMK=@@695K5F898H<9-5G?(F89F





"'(+)(+-"('((.&'-,


-<9:C@@CK=B;5F9HC695HH57<98HC5B8A589D5FHC:H<=GCBHF57H


L<=6=HQ/9B8CF"B:CFA5H=CB


L<=6=H
99,7<98I@9


L<=6=HQ,7CD9C:0CF?


L<=6=HQ(::=79C:)FC7IF9A9BH,9FJ=79GCBHF57HCF-F5J9@5B8)9F
=9A)C@=7M







'(-",

@@BCH=79G;=J9BDIFGI5BHHCH<9H9FAGC:H<=G7CBHF57HG<5@@69588F9GG98HC

CFCIBHM

&5F=7CD5CIBHM
(::=79C:)FC7IF9A9BH,9FJ=79G

0#9::9FGCB,H,I=H9


)<C9B=L	F=NCB5





CFCBHF57HCF




"'*."+",

		



"BEI=F=9G7CB79FB=B;=B:CFA5H=CB<9F9=BAIGH69GI6A=HH98DF=CFHCH<9EI9GH=CB
8958@=B985H9H=A9DCGH98=BH<99
DFC7IF9A9BHD@5H:CFA	)9F=G7CD9, 	IG=B;
H<9@=B?=BH<9S*TH56


8A=B=GHF5H=J9H9@9D<CB99A5=@=BEI=F=9GG<5@@69588F9GG98HC

%0+'+.,,%%	)+(.+&'-("+
-%)!('



%5KF9B79+IGG9@@A5F=7CD5;CJ


"BEI=F=9GA5M69GI6A=HH986MH9@9D<CB96IHAIGH69:C@@CK98ID=BKF=H=B;'C
CF5@7CAAIB=75H=CB=G6=B8=B;CB&5F=7CD5CIBHM



		



		



	















.-!(+"3," '-.+








)+"'-'&'-"-%








+,,





-




"




!"+&'	(+(,.)+/",(+,-


--,-



%+$(-!(+-


))+(/,-((+&



).-2(.'-2--(+'2-

















Aimee Sitzler, CEO
610 E Bell Rd. Suite 2-594, Phoenix AZ 85022
02/01/24

		


!







	













	
#++(---%)$'("',
$&&!!& ')**(.
(&)'2'&
,**1+(05))(#+$&,+/1)0(+'
("' .,"',,,865
,**1+(05))(#+$&,+/1)0(+'
&"%"' +,,
&))%1(0&
	
+&"--(+,,
&))%1(0&
	
-%)!(''.&+




1'.&+
+#
000+,,
333$,**1+(05#))(#+$&#6$,*
+)+,'--"/'&
(*&&(06)&.
+)+,'--"/-%)!('
'.&+




+)+,'--"/&"%
+,,
#(*&&
$,**1+(05#))(#+$&#6$,*



"


0"%%%%(0(-!+ (/+'&'-%
'-"-",-().+!,+(&-!",
('-+-




0"%%)-)+(.+&'-+(+
)2&'-








$#&&%$! %"	
	

	








	








	


	


	
	
	

'-
2,
'-2,

2,'-

2,
'-2,
'-
2,

2,'-2,
'-
2,
'-
2,

2,'-2,
'-
2,

2,'-
2,

2,'-
2,









		

!






























$#
		
#"
 "!

!" ) 
31172/6800/+2,-325706/2.
! &$ $$$ 


)-+4


"# "
**		****
***
***
******* "#!&#

$ !#! $&% %
**
*****
***
	****
******* "#!&#

  % )$%
***	****
****	***
******* "#!&#


! $&% %$&%%%#("#%



#$"'!" %
**
*****
***
	****
******* "#!&#


!"#%! &%&#
**	*****
***	****
******* "#!&#


& #$!&#$
***	****
****	***
******* "#!&#




%#  '!" %
***
****
***
	****
******* "#!&#

%# #
**
	****
***
****
******* "#!&#

%%!#
**
	*****
***
****
******* "#!&#

 $%#%'
***	****
***	****
******* "#!&#

!%#
*******
*******
******* "#!&#
(" $$  # $%#%'& %! $






		

!
 
.,-,/#)
4&$10(2&1**#.5

CAAIB=HM@@=5B79CBGI@H=B;=G5BF=NCB5
65G98	KCA5B
CKB98GA5@@6IG=B9GGDFCJ=8=B;
GHF5H9;=77CBGI@H=B;	HF5=B=B;	:57=@=H5H=CB	5B89J5@I5H=CBF9G95F7<CAAIB=HM@@=5B79D5FHB9FGK=H<
5;9B7MGH5::5H5@@@9J9@G	:FCA:FCBH
@=B98=F97HG9FJ=79HC9L97IH=J9H95AGCFA98=B
	<5G
KCF?98K=H<GH5H9	7CIBHM	5B8AIB=7=D5@;CJ9FBA9BHG	5GK9@@5GBCB
DFC:=HGGA5@@5B8@5F;9	5B8
7CFDCF5H9:CIB85H=CBG)FC>97HG7CAD@9H986M<5J99B7CAD5GG98H<9G97HCFGC:DI6@=7<95@H<	H<9
5FHG	7CAAIB=HM6I=@8=B;	5B87C5@=H=CB89J9@CDA9BH

DFCDCG9GHCA99HH<97CBGI@H5H=CBB998GC:&5F=7CD5CIBHM;CJ9FBA9BH5@8=J=G=CBG	89D5FHA9BHG	
5B8C::=79GH<FCI;<H<989@=J9FMC:H<9:C@@CK=B;G9FJ=79G


%9589FG<=D89J9@CDA9BH
:C7IG9GCB89J9@CD=B;@9589FG5H5@@@9J9@GH<FCI;<CIHH<9
CF;5B=N5H=CB

(F;5B=N5H=CB5@5B5@MG=G5B8DFC79GG=ADFCJ9A9BH
-<FCI;<5BCF;5B=7	=H9F5H=J9:998657?@CCD	
K=@@;I=89;FCIDGH<FCI;<H<9GHFI7HIF5@=ADFCJ9A9BHC:85=@MCD9F5H=CBG5B89L97IH=J9
:IB7H=CBG

&5B5;9A9BH5B8GID9FJ=G=CBHF5=B=B;
0=H<9LH9BG=J99LD9F=9B79=B89G=;B=B;DFC:9GG=CB5@
89J9@CDA9BH7IFF=7I@5	75BCF7<9GHF5H9CF89@=J9F577CF8=B;HCMCIFCF;5B=N5H=CBUGB998G

,I779GG=CBD@5BB=B;QK=@@KCF?K=H<@9589FGHC=89BH=:M7F=H=75@FC@9G5B889J9@CDGHF5H9;=9G
:CFH<9CF;5B=N5H=CBHC89J9@CDH<9B9LHK5J9C:@9589FG

C57<=B;
H5?9G=B8=J=8I5@GCFH95AGH<FCI;<7IGHCA=N987C57<=B;G9GG=CBGHC9B<5B79
7CB:=89B79	=ADFCJ97CAAIB=75H=CB	5B8=ADFCJ9KCF?D9F:CFA5B79

5@GCDFCDCG9GHCC::9FCH<9F7CBGI@H=B;G9FJ=79G=BH<95F95GC:B9HKCF?CF7C5@=H=CB89J9@CDA9BH	
7CBH=BICIGEI5@=HM=ADFCJ9A9BH	DFC;F5AA9HF=7G	9J5@I5H=CB	:57=@=H5H=CB	GHF5H9;=7D@5BB=B;	DC@=7M5B8
DFC798IF989J9@CDA9BH	8=J9FG=HM5B8=B7@IG=CB	DFC;F5AD@5BB=B;	9A9F;9B7MDF9D5F98B9GG	F9GDCBG9
5B8A=H=;5H=CB	7F=A=B5@>IGH=79F9:CFA	;F5BHKF=H=B;	ACH=J5H=CB5@=BH9FJ=9K=B;	7CAD5GG=CB:5H=;I9	J9F65@
89
9G75@5H=CB5B87F=G=G

,=B79
	<5GC::9F98<=;<EI5@=HMGHF5H9;=77CBGI@H=B;G9FJ=79GHCA5BMC:&5F=7CD5CIBHMUG
89D5FHA9BHG5B88=J=G=CBG=B7@I8=B;9D5FHA9BHC:)I6@=7!95@H<(::=79C:CAAIB=HMADCK9FA9BH	
CAAIB=HM7H=CB)FC;F5AG5B8!IA5B,9FJ=79G=J=G=CB5F@M8I75H=CB(IFH95AG<5J9DFCJ=898
&5F=7CD5CIBHMK=H<5F5B;9C:DFC:9GG=CB5@89J9@CDA9BH	HF5=B=B;	5B87CBGI@H=B;GIDDCFH=BH<95F95G
C:GHF5H9;=7D@5BB=B;	;F5BHKF=H=B;	9J5@I5H=CB	AI@H=
G97HCF7C@@56CF5H=CBG	5B8:57=@=H5H=CB

57<C:UG9@9J9BH95AA9A69FGC::9F8=J9FG95F95GC:9LD9FH=G9K=H<657?;FCIB8G=BDI6@=7<95@H<	
95F@M7<=@8<CC8	GC7=5@KCF?	@9589FG<=D89J9@CDA9BH	BIHF=H=CB	EI5@=HM=ADFCJ9A9BH	5B8DFC;F5A
9J5@I5H=CB&CGHH95AA9A69FG5F99=H<9F;F58I5H9CF8C7HCF5H989;F99@9J9@DFC:9GG=CB5@G
IFH<9FACF9	H95AA9A69FG<5J99LH9BG=J9<=GHCFMC:9B;5;9A9BHK=H<;CJ9FBA9BHGMGH9AG5B8
D@5BB=B;CJ9FH<97CIFG9C:H<9@5GH89758957<H95AA9A69F<=;<@=;<HG58=::9F9BHD9FGD97H=J95B8
HMD9C:9LD9FH=G9	C::9F=B;57CAD@9H9D57?5;9

.,'.#*/#+%&.2($&/.,-,/&%

CAAIB=HM@@=5B79CBGI@H=B;	5KCA5B
CKB98GA5@@6IG=B9GGGD97=5@=N=B;=BDFC:9GG=CB5@
89J9@CDA9BH	:57=@=H5H=CB	5B89J5@I5H=CB	=GD@95G98HCGI6A=HH<=GDFCDCG5@HC&5F=7CD5CIBHM:CF
,HF5H9;=7CBGI@H=B;,9FJ=79GK=G<9GHCDFCJ=8956FC58F5B;9C:GHF5H9;=77CBGI@H=B;G9FJ=79GHC
H<9J5F=CIG8=J=G=CBGC:H<9&5F=7CD5CIBHM;CJ9FBA9BH5@GMGH9A)FCDCG9869@CK5F9G9J9F5@
A9H<C8C@C;=9GC::9F986MIB89FH<9G7CD9C:H<=G+9EI9GH:CF)FCDCG5@GG=;B=:=75BHDFCDCFH=CBC:
G9FJ=79GC::9F986MG9FJ9HCA99HCF;5B=N5H=CB5@B998GF9@5H98HCA5B5;9A9BH5B8GHF5H9;=7
8=F97H=CB
%+,!")/%()&'-
-<9H95A<5G9LD9F=9B79=BGD=F=B;	ACH=J5H=B;	5B8
89J9@CD=B;@9589FGHC57H=CBK=H<=BCF;5B=N5H=CBG%9589FG<=DG?=@@G9HG89J9@CD98=B7@I896IH5F9BCH

		

@=A=H98HC7CAAIB=75H=CB	56=@=HMHCACH=J5H9CH<9FG	897=G=CBA5?=B;	5B8577CIBH56=@=HMKCF?G
5@CB;G=89@9589FGHC=89BH=:MH<9F95@=GGI9GH<5H5BCF;5B=N5H=CB:579G5B8=89BH=:=9GH<9@9589FG<=DG?=@@G
H<5HK=@@;9B9F5H9H<96=;;9GH=AD57HHCH<9CF;5B=N5H=CB<9@DG7@95F@M5FH=7I@5H9H<9A=B8G9H5B8
69<5J=CFGH<5HMCIFCF;5B=N5H=CBF9EI=F9GC:=HG@9589FG5B8A5B5;9FGFCAH<9F9	89G=;BG
DFC;F5AGCF7IGHCA=N99L=GH=B;CB9G5B8=B8=J=8I5@57H=CBD@5BGHC588F9GGH<9GD97=:=77<5B;9GH<5H
5F9B99898HCDFCD9@MCIFCF;5B=N5H=CB:CFK5F8

(+ '"3-"('%'%2,",')+(,,"&)+(/&'-
K=@@9J5@I5H9H<9GI779GG
5B8:IB7H=CB5@=HMC:5BCF;5B=N5H=CB5@9BH=HMCFKCF?:CF79-<=G=B7@I89GH<9A5DD=B;C:CF;5B=N5H=CB5@
DFC79GG9G	5B85B5@MG=G5B8HF57?=B;C:CF;5B=N5H=CB5@DFC798IF9G5B8DFC798IF5@:=89@=HMK=@@
89J9@CDDFC79GG=ADFCJ9A9BHC6>97H=J9G	5GK9@@5GD5FHB9FK=H<H<99BH=HMCFDFC;F5AHC89G=;B
DFC798IF9G:CFA95GIF9A9BH5B89J5@I5H=CB-<9=BJ9GH=;5H=CB5B8F97CAA9B85H=CBGA5M=B7@I89H<9
=89BH=:=75H=CBC:FCCH75IG9G5B8DC=BHGC:GMGH9A5H=7:5=@IF9,C@IH=CBGK=@@69DFCDCG985B87C
7F95H98
K=H<CF;5B=N5H=CB5@CFDFC;F5AH95AA9A69FG

&' &'-',.)+/","('-+"'"' 
-<9H95A<5G9LD9F=9B797IGHCA7F95H=B;
5B8DFC7IF=B;DFC:9GG=CB5@89J9@CDA9BH7CBH9BH-<9G957H=J=H=9G=B7@I8989J9@CD=B;DFC:9GG=CB5@
89J9@CDA9BH75@9B85FG	GIFJ9MC:CF;5B=N5H=CB5@5B8=B8=J=8I5@DF9:9F9B79G	5B87FCGG
F9:9F9B7=B;
DF9:9F9B79GK=H<DF9J=CIG@M=89BH=:=9889D5FHA9BH5@B998G5B85GG9HG-<=G=B:CFA5H=CB=GIG98HCDF9G9BH
5HF5=B=B;A9BIH<5HA99HGH<9@C;=GH=75@5B8DFC:9GG=CB5@B998GC:H<95I8=9B79&I@H=D@9@95FB=B;AC89G
5F9C::9F98	=B7@I8=B;KCF?G<CDG	@97HIF9G	;FCID8=G7IGG=CBG	75G9GHI8=9G	5B8G?=@@DF57H=79G

,.,,"(')%''"' QKCF?GK=H<@9589FG<=DHC=89BH=:M?9M5F95G5B8DCG=H=CBG7F=H=75@
HC5BCF;5B=N5H=CBH<5H@9:HIB:=@@98KCI@869DCH9BH=5@@M89HF=A9BH5@HCH<97IFF9BH5B8:IHIF96IG=B9GG
H<9BKCF?GHC=89BH=:MH<9B979GG5FM75D56=@=H=9G:CFH<9G9?9MDCG=H=CBG5B85GG=GHG@9589FG=B
=89BH=:M=B;?9M89J9@CDA9BH5B8HF5=B=B;5F95G:CFDCH9BH=5@@9589FG+97CAA9B89857H=CBD@5BG:CF
HF5=B=B;5B8G?=@@89J9@CDA9BH5F9DIHHC;9H<9F:CFDCG=H=CBG5B8GHF5H9;=9G5F989J9@CD98HC5GG=GH7IFF9BH
@9589FGK=H<=B7CFDCF5H=B;9AD@CM99@95FB=B;D@5BG	DFCACH=CB5@DFC79GG9G	5B8GHF5H9;=9G:CF?BCK@98;9
HF5BG:9FH<9BKCF?GK=H<CF;5B=N5H=CBGHC89J9@CD9J5@I5H=CBGHF5H9;=9G:CFH<9=FGI779GG=CBD@5BG

(!"' 
C::9FG7C57<=B;G9FJ=79GHCA=88@9	G9B=CF5B89L97IH=J9@9J9@GH5::HC89J9@CD
@9589FG<=D75D57=HMHCGIDDCFH9::97H=J9H95A6I=@8=B;	D9F:CFA5B79A5B5;9A9BH	5B8CF;5B=N5H=CB5@
9::97H=J9B9GGH5?9G=B8=J=8I5@GH<FCI;<CB9
CB
CB97IGHCA=N987C57<=B;G9GG=CBGHC9B<5B79
7CB:=89B79	=ADFCJ97CAAIB=75H=CB	5B8=ADFCJ9KCF?D9F:CFA5B79:CF=B8=J=8I5@GC57<=B;75B5@GC
698CB9CB5H95A@9J9@HC5GG=GHH95AGH<5H5F9GHFI;;@=B;HC:=B8H<9=F:CCH=B;=BKCF?=B;HC;9H<9F

-<9:=FGH:=J9=H9AGC::9F98H<FCI;<H<9G7CD9C:KCF?5F9=H9AG9LD@=7=H@MGCI;<H5:H9F6MH<9+)
<5G9LH9BG=J99LD9F=9B79KCF?=B;=BH<9G95F95G-<9F9A5=B=B;=H9AGDFCDCG98K9F9BCH9LD@=7=H@M
B5A98=BH<9+)	<CK9J9F5@@588=H=CB5@G9FJ=79GDFCDCG985F9F9@5H985B8KCF?=BH5B89AK=H<H<9
CH<9FGHF5H9;=77CBGI@H5H=J9G9FJ=79GGCI;<H6M&5F=7CD5CIBHM&5BMGHF5H9;=9G5B8G9FJ=79G5F9
=BH9FKCJ9B	5B8G9@97H989@9A9BHGC:CB9GHF5H9;MA5MCJ9F@5DK=H<5BCH<9F"H=GUG=BH9BH=CBHCC::9F
H<9CIBHM5:I@@A9BIC:G9FJ=79GDFCDCG986M5G89G7F=698=BH<9:C@@CK=B;@=GH


(-!+(',.%-"' ,+/",


'-0(+$(+(%"-"('/%()&'-
K=@@:57=@=H5H95B8D@5BH<989J9@CDA9BH	
@5IB7<	F97FI=HA9BH	A5B5;9A9BH	5B89J5@I5H=CBC:AI@H=
G97HCF7C@@56CF5H=J99::CFHGGI7<5G
7C5@=H=CBG	B9HKCF?G	CFCH<9FDFC:9GG=CB5@;FCIDG"B7@I89G;I=85B79H<FCI;<5BBI5@GHF5H9;=7
D@5BB=B;5GK9@@5G89J9@CD=B;;CJ9FB5B79GHFI7HIF9G5B8CF;5B=N5H=CB5@DFC798IF9G75B
D5FHB9FK=H<89D5FHA9BHG5B8CF;5B=N5H=CBG:CF5BM@9B;H<C:H=A9HCCF7<9GHF5H9H<99BH=F9AI@H=
M95FDFC79GG	CFGH9D=B:CF5G<CFH9F	:=B=H95ACIBHC:H=A9:FCA5:9KACBH<GHCCB9M95FHC
:C7IGCBACF9@=A=H985GD97HGC:CF;5B=N5H=CB5@89J9@CDA9BH	F5H<9FH<5BH<99BH=F9GD97HFIAC:
57H=J=H=9G


('-"'.(.,*.%"-2"&)+(/&'-'$2)+(+&'&-+",
*I5@=HM
=ADFCJ9A9BHA9H<C8G5F9GD97=:=7HC957<89D5FHA9BHK=@@@958A9A69FGH<FCI;<5
DFC79GGHC897=89CBH<9ACGH7F=H=75@A9HF=7G:CF5B5@MG=G5B889H9FA=B985H57C@@97H=CB

		

DFC798IF9GH957<9GCF;5B=N5H=CBG5B8@9589FG<CK5B8K<MHCIG957CBH=BICIG:998657?
@CCD5B8F9@MCB85H5HC58>IGH5B8=ADFCJ9CD9F5H=CBG


/%.-"('
K=@@KCF?K=H<CF;5B=N5H=CBG5B8@9589FGHC89G=;B5A95B=B;:I@9J5@I5H=CB
D@5B	H<989J9@CDA9BHC:DFC;F5AC6>97H=J9G	5B8H<99L97IH=CB5B85DD@=75H=CBC:9J5@I5H=B;
DFC;F5AG	GMGH9AG	7C@@56CF5H=CBG	CFB9HKCF?G(IHDIHGK=@@=B7@I89F97CAA9B85H=CBG:CFH<9
DFC;F5A89G=;B	5DFC;F5ACFGHF5H9;M@C;=7AC89@	5B87CBG=89F5H=CBC:9LH9FB5@:CF79G

5@GCC::9FGCB9
HC
:CIF
D5FHDFC:9GG=CB5@89J9@CDA9BHKCF?G<CDG:CFD5FH=7=D5BHGHC89G=;B
5B89L97IH99J5@I5H=CBG:CFH<9=FDFC;F5AG-<9AC8I@9G75B69:C7IG98GD97=:=75@@MCB
DFC;F5AG5B8C::9FDF57H=75@9J5@I5H=CB89G=;B5B85B5@MG=G75B5@GCHF5=B89D5FHA9BHGCF
C::=79G=BH<9A9H<C8GC::C7IG;FCID:57=@=H5H=CB	7CAAIB=HM@=GH9B=B;G9GG=CBG	GIFJ9M89G=;B	
5B8?9M=B:CFA5BH=BH9FJ=9K-<9HF5=B=B;K=@@69H5=@CF98HCH<99L57H7@=9BHUGB998G


"%"--"('
75B:57=@=H5H97CAAIB=HMG9GG=CBG:CF5BMDIFDCG9	=B5G9F=9GCF5:=B=H9
:5G<=CB	GI7<5GDI6@=7A99H=B;G	58JC757M;FCIDG	GH5::A99H=B;G	H95A6I=@8=B;F9HF95HG	:C7IG
;FCIDG	5B8ACF9<5G9LH9BG=J99LD9F=9B79IG=B;8=::9F9BH:57=@=H5H=J9A9H<C8G	GI7<5G
H<CG989G=;B98=B+9GI@HG5G98%9589FG<=D	CAAIB=HM5G98)5FH=7=D5HCFM+9G95F7<5B8
C@@97H=J9"AD57H	5B8IG9GH<9AG95A@9GG@MHCACH=J5H9;FCIDGHC57<=9J9DFC>97H;C5@G

5@GCC::9FGHF5=B=B;=B:57=@=H5H=CBA9H<C8G-<=GCB9
HC
H<F99
D5FHAC8I@9K=@@5@GC69
7IGHCA=N98HCH<97@=9BHUGB998G	K<9H<9FH<9MK5BH;9B9F5@HF5=B=B;	HF5=B=B;HCA99H5GD97=:=7
;C5@	CFHF5=B=B;=B5GD97=:=7:57=@=H5H=CB5DDFC57<


,-+- ")%''"' 
9L79@G=BDFCJ=8=B;5B9B;5;=B;	:IB	5B8DF57H=75@GHF5H9;=7
D@5BB=B;G9GG=CB-<=GA5M69:CF5BBI5@D@5BB=B;	CB;C=B;D9F:CFA5B79A5B5;9A9BH	CF:CFH<9
89J9@CDA9BHC:5B9KDFC;F5ACF7CB79DH,HF5H9;=7D@5BB=B;A5M69J=G=CB5FMCFCD9F5H=CB5@=B
B5HIF9	H5=@CF98HCH<9B998GC:H<9CF;5B=N5H=CB,HF5H9;=7D@5BB=B;G9GG=CBGA5M5@GC69
7CA6=B98K=H<DFC:9GG=CB5@F9HF95HGHM@9D9FGCB5@5B8H95A89J9@CDA9BH57H=J=H=9G	=:F9EI9GH98
-<9:=B5@GHF5H9;=7D@5B=G89G=;B98HC69A95GIF56@9


)(%"2')+(.+/%()&'-QK=@@KCF?K=H<CF;5B=N5H=CBGHC89J9@CD
DC@=7M5B8DFC798IF9GK<9F9B99898HC9BGIF97CBH=BI=HMK<9B=89BH=:=98:5=@IF9DC=BHG5B8
89:=7=9B7=9G5F98=G7CJ9F98


"/+,"-2'"'%.,"('
C::9FGH97<B=75@5GG=GH5B79=B8=J9FG=HM	9EI=HM	5B8=B7@IG=CB
HCGH5::G9FJ=B;JI@B9F56@9DCDI@5H=CBG=B7@I8=B;7<=@8F9B	MCIH<	G9B=CFG	% -*"7@=9BHG	
=AA=;F5BHG	H<98=G56@98	5B88=GDFCDCFH=CB5H9@MF9DF9G9BH98D9CD@9C:7C@CF-<9G957H=J=H=9G
=B7@I89DFCJ=G=CBC:7IGHCA=N98HF5=B=B;F9GCIF79G	DF=J5H9K96=B5FG	=B
D9FGCBA99H=B;G	;FCID
@=GH9B=B;G9GG=CBG	5B87CB:9F9B79KCF?G<CDG75B@9585GG9GGA9BHG5B8DC@=7MCFDFC;F5A
89J9@CDA9BH65G98CBCF;5B=N5H=CB5@:=B8=B;G5B8B998GHC588F9GGH<9IB=EI9GHF9B;H<G5B8
B998GC:A9A69FGC::989F5@-=H@9/""QDFCH97H987@5GG9G

5@GCC::9FG5:=B9
HIB98CB9
HC
H<F99
D5FHAC8I@956CIHI@HIF5@!IA=@=HMH<5H;9HGHCH<9FCCH
C:=J9FG=HM5B8"B7@IG=CB9::CFHG.G=B;HCC@G:FCA,H5B:CF85B8CH<9FB5H=CB5@@MF9DIH56@9
GCIF79G	7CIFG9D5FH=7=D5BHG5F9@98H<FCI;<5>CIFB9MC:G9@:
8=G7CJ9FMH<5H9B8G=BH<956=@=HMHC
7I@H=J5H9ACF99AD5H<M5B85;F95H9F75D57=HM:CFG9FJ=795B8H95AKCF?-<=GAC8I@9=B7@I89G
DF=B7=D@9GC:6=5G5G5:CIB85H=CB-<9AC8I@9GA5M69:IFH<9FH5=@CF98HCA99H=B;H<9B998GC:
GD97=:=75I8=9B79G


)+( +&)%''"' 
C::9FG5DFC;F5AD@5BB=B;AC8I@9H<5H75B5@GC69G75@98:FCA
CB9HC:CIFG9GG=CBG)5FH=7=D5BHGK=@@@95FB5B8CF9L97IH95@@H<9H<CI;<H:I@GH9DG=B7@I898=B
7F95H=B;CF@5IB7<=B;5B9KDFC;F5AD@5B-<=GDFC;F5AD@5B75B69IG98CD9F5H=CB5@@M	CFK<9B
G99?=B;:IB8=B;


		


 +'-0+"-"' 
 F5BHKF=H=B;KCF?G<CDG5F9C::9F985H5F5B;9C:HKCHCG=L<CIFGHCH5@	5H
5BM@9J9@:FCA@5M5I8=9B79GHC;F58I5H9@9J9@57589A=7G%95FBH<9D=979GC:5GG9A6@=B;5
;F5BH	5B8<CKHCDFCDCG95B=895H<FCI;<H<9HMD=75@:F5A9KCF?


&+ '2)+)+',,	+,)(',	+(/+2'&"-" -"('
F95H958I@H
@95FB=B;9BJ=FCBA9BHGHC<9@D89J9@CD	F9J=G9	5B87CBH=BI5@@M=ADFCJ99A9F;9B7MD@5BG5B8CF
HF5=B=B;DFC;F5AG:CF7F=G=G=B7=89BHG	@5F;9
G75@98=G5GH9FGGI7<5GH<CG9F9GI@H=B;:FCAB5HIF5@
8=G5GH9FG	CF9J9BHGF9EI=F=B;G=;B=:=75BH9A9F;9B7MF9GDCBG95B8F97CJ9FM9::CFHG


+"&"'%#.,-"+(+&
7CB8I7HGHF5=B=B;	K96=B5FG	@=GH9B=B;G9GG=CBG	5B8
F9HF95HGCB=GGI9GC:>IGH=79F9:CFA	DC@=79577CIBH56=@=HM	5B8DFCG97IHCF=5@8=G7F9H=CB5@GC
89@=J9FG75D57=HM
6I=@8=B;GIDDCFH	HF5=B=B;	5B88=F97H57H=CBCBF=;<HGF9GHCF5H=CB	7@9A9B7M	5B8
F99BHFM75B5@GCHF5=BCBDFCHC7C@G:CFH<9GIDDCFH5B87CCF8=B5H=CBC:F9GCIF79GHC
=B75F79F5H98:CFA9F@M=B75F79F5H98=B8=J=8I5@G5B8H<9=F:5A=@=9G


&(-"/-"('%"'-+/"0"' &"
#)"(#"'"(&!(*"&""#(
&"&#&
&#)$'	#")$&*'#""#&+"#&!"(&""
#(*'" ),$ #&("%)'*")'(* -"(-(#)&
#!$#""('#/$&(0"(-'(&('#&'# (""( "(-+-'(#
&'$#"(#')'("( #&!  -"#+"' "(1&''("2


(&),,"('-" .
-F5=B=B;C6>97H=J9G=B7@I89
"#!$''#"()"#+(
& ('(#(("'#&' ($#$) (#"#".'"'"($-' '-!$(#!'
''#(+(#!$''#"()"'#"''''!"(' '(' &($'"')''
#$"'  '"#!+#&


/+%
,%-"(''+",",
-F5=B=B;C6>97H=J9G=B7@I89
')''""(
#"$(#*& ' (#"&"'(&('(#&)(&'#'()(#"'#!"
"&#)'$$ -*& ' (#"("%)'"&'# )(#"'(&('-)'"
(*#!!)"(#"'  '

-MD=75@@M	K<9B5B9K7CBHF57H=GDFCDCG98	KCF?GK=H<H<989D5FHA9BH@9589FGHC89G=;B5GD97=:=7
G7CD9C:KCF?:CFH<9DFC79GG5B8G9FJ=79GB998985@GCKCF?GK=H<H<9CIBHM89D5FHA9BH
F9EI9GH=B;H<9-5G?(F89F:CF5DDFCJ5@C:5@@DFC;F5AG	HF5=B=B;	5B8DFC79GG9GIG98G5DFCDCB9BHC:
CAAIB=HM5G98)5FH=7=D5HCFMA9H<C8G	9L79@G=BA99H=B;957<7@=9BHK<9F9H<9M5F9	5B8
89G=;B=B;5IB=EI9A9BIC:G9FJ=79GH<5H:=HH<96I8;9H5B8;C5@GC:H<989D5FHA9BHCFDFC;F5A

7CAA=HGHC89@=J9F=B;5@@D@5BG	F97CAA9B85H=CBG	GC@IH=CBG	5B8DFC79GG9GHCH<9CIBHM
89D5FHA9BH=BH<95;F998:CFA5H5B8H=A9:F5A9-<9BIA69FC:A99H=B;GB979GG5FMK=@@6989D9B89BHCB
H<9=B8=J=8I5@DFC>97H;9B9F5@:F5A9KCF?5B8H=A9@=B9C:CB;C=B;A99H=B;GK=@@695;F998IDCBHCGI=H
957<DFC>97HK=@@69F9GDCBG=6@9:CF:57=@=H5H=B;5BMB979GG5FMA99H=B;G	K<=7<A5M=B7@I89CIBHM
CFD5FHB9FGH5::HF5=B=B;	7C57<=B;	DFC79GG=AD@9A9BH5H=CB5B8F9DCFH=B;5B8D@5BB=B;-<9HMD95B8
:F9EI9B7MC:A99H=B;GK=@@699GH56@=G<985B85;F998IDCB5GD5FHC:957<H5G?CF89F













		

		

	

	


	
	



@@7CBHF57H
F9@5H98HF5J9@D@5BG5B85FF5B;9A9BHGG<5@@69DF=CF
5DDFCJ986MH<9CIBHM7CBHF57H
58A=B=GHF5HCF



%C8;=B;	D9F8=9A	5B8=B7=89BH5@9LD9BG9G=B7IFF98=BD9F:CFA5B79C:&5F=7CD5CIBHM,D97=5@
=GHF=7H CIBHM 7CBHF57HG G<5@@ 69 F9=A6IFG98 65G98 CB 7IFF9BH .,  9B9F5@ ,9FJ=79G
8A=B=GHF5H=CB ,8CA9GH=7D9F8=9AF5H9G:CF)<C9B=L	F=NCB5CBHF57HCFGAIGH5779GGH<9
:C@@CK=B;=BH9FB9HG=H9HC89H9FA=B9F5H9GBC9L79DH=CBGKKK;G5;CJ


88=H=CB5@=B7=89BH5@9LD9BG9G=9	H9@9D<CB9	:5L	=BH9FB9H	5B87CDM=B;7<5F;9GG<5@@
BCH69F9=A6IFG98-<9MG<CI@869=B7@I898=BH<97CBHF57HCFUG<CIF@MF5H95G5BCJ9F<958
7<5F;9


-<9CIBHMK=@@BCHIB89F5BM7=F7IAGH5B79GF9=A6IFG9:CF7CBHF57HCF;I9GH@C8;=B;	D9F
8=9A	CF=B7=89BH5@G



CAA9F7=5@5=FHF5J9@G<5@@69F9=A6IFG985G:C@@CKG


C57<5=F:5F9K=@@69F9=A6IFG986MH<9CIBHMIG=B9GG7@5GG5=F:5F9A5M695@@CK98
CB@MK<9BDF95DDFCJ98=BKF=H=B;6MH<9CIBHM7CBHF57H58A=B=GHF5HCF5G5F9GI@HC:H<9
6IG=B9GGB998GC:H<9CIBHMK<9BH<9F9=GBC@CK9F:5F95J5=@56@9


-<9@CK9GH8=F97H:@=;<H5=F:5F9F5H9:FCAH<97CBHF57HCFUG5GG=;B988IHMDCGHDF9
89:=B985H
H<9H=A9C:7CBHF57HG=;B=B;K=@@69F9=A6IFG98.B89FBC7=F7IAGH5B79GK=@@H<9CIBHM
F9=A6IFG9:CF5=F:5F9GF9@5H98HCHF5BGDCFH5H=CBHCCF:FCA5B5@H9FB5H9G=H9


-<9CIBHMK=@@BCHIB89F5BM7=F7IAGH5B79GF9=A6IFG9:CF7CBHF57HCF;I9GH7CAA9F7=5@
5=FHF5J9@



+9BH5@J9<=7@9GA5MCB@M69IG98=:GI7<IG9KCI@8F9GI@H=B5BCJ9F5@@F98I7H=CB=BH<9HCH5@7CGH
C:H<9HF=D	BCH:CFH<9D9FGCB5@7CBJ9B=9B79C:H<9HF5J9@9F&I@H=D@9J9<=7@9G:CFH<9G5A9G9HC:
HF5J9@9FG:CFH<9G5A9HF5J9@D9F=C8K=@@BCH69D9FA=HH98K=H<CIHDF=CFKF=HH9B5DDFCJ5@6MH<9CIBHM
7CBHF57H58A=B=GHF5HCF


)IF7<5G9C:7CADF9<9BG=J95B87C@@=G=CB@=56=@=HM=BGIF5B79G<5@@695HH<99LD9BG9C:H<9
7CBHF57HCF-<9CIBHMK=@@BCHF9=A6IFG957CBHF57HCF=:H<97CBHF57HCF7<CCG9GHCDIF7<5G9
H<=G7CJ9F5;9


+9BH5@J9<=7@9G5F9F9GHF=7H98HCGI6
7CAD57H	7CAD57H	CFA=8
G=N9G985BGIB@9GG5@5F;9F
J9<=7@9=GB979GG5FM:CF7CGH9::=7=9B7M8I9HCH<9BIA69FC:HF5J9@9FG'(-CBHF57HCFG
G<5@@C6H5=BDF9
5DDFCJ5@=BKF=H=B;:FCAH<9CIBHM7CBHF57H58A=B=GHF5HCFDF=CFHCF9BH5@C:
5@5F;9FJ9<=7@9


CIBHMK=@@F9=A6IFG9:CFD5F?=B;9LD9BG9G=::F99	DI6@=7D5F?=B;=GBCH5J5=@56@9K=H<=B5
F95GCB56@98=GH5B79C:H<9D@579C:CIBHM6IG=B9GG@@CDDCFHIB=H=9GAIGH699L<5IGH98
DF=CFHCG97IF=B;D5F?=B;H<5H=B7IFG7CGHG:CFH<9CIBHM(DDCFHIB=H=9GHC69F9J=9K985F9
H<9,!	G<IHH@9G	9H7H<5H75BHF5BGDCFHH<97CBHF57HCFHC5B8:FCACIBHM6I=@8=B;GK=H<
A=B=A5@7CGHG


CIBHM K=@@ F9=A6IFG9 :CF H<9 @CK9GH F5H9	 @CB;
H9FA	 IB7CJ9F98 7CJ9F98 CF 9B7@CG98
D5F?=B; K=@@ BCH 69 F9=A6IFG98 5=FDCFH D5F?=B; CB@M =: =H =G @9GG 9LD9BG=J9 H<5B G<IHH@9
G9FJ=79HC5B8:FCAH<95=FDCFH


-<9CIBHMK=@@BCHIB89F5BM7=F7IAGH5B79GF9=A6IFG9H<97CBHF57HCF:CF;I9GHJ9<=7@9
F9BH5@GCFCH<9F5BMHF5BGDCFH5H=CB7CGHG


		



CBHF57HCF=GF9GDCBG=6@9:CF5@@7CGHGBCH8=F97H@MF9@5H98HCH<9HF5J9@9L79DHH<CG9H<5H<5J9699B
DF9
5DDFCJ986MH<9CIBHM7CBHF57H58A=B=GHF5HCF-<9G97CGHG=B7@I89	6IH5F9BCH@=A=H98HC	H<9
:C@@CK=B; =B
FCCA ACJ=9G	 J5@9H G9FJ=79	 J5@9H D5F?=B;	 @5IB8FM G9FJ=79	 7CGHG 5GGC7=5H98 K=H<
GHCF=B;@I;;5;95H5<CH9@	:I9@7CGHG5GGC7=5H98K=H<BCB
CIBHM57H=J=H=9G	H=DGH<5H9L7998H<9D9F
8=9A 5@@CK5B79	 <95@H< 7@I6 :99G	 5B8 9BH9FH5=BA9BH 7CGHG @5=AG :CF IB5IH<CF=N98 HF5J9@
9LD9BG9GK=@@BCH69<CBCF985B85F9BCHF9=A6IFG56@9



-F5J9@5B8D9F8=9A9LD9BG9GG<5@@6975DD985HD9F79BHC:DFC>97HDF=79IB@9GGCH<9FK=G9
GD97=:=985B85DDFCJ986MH<9CIBHM=B=B8=J=8I5@7CBHF57HG



CBHF57HCFG<5@@DFCJ=89	IDCBF9EI9GHK=H<H<9=F=BJC=79G	7CD=9GC:F979=DHGGIDDCFH=B;HF5J9@
5B8D9F8=9A9LD9BG9G	5B8	=:5DD@=756@9	K=H<57CDMC:H<9KF=HH9B7CBG9BH=GGI986MH<9CIBHM
7CBHF57H58A=B=GHF5HCF'CHF5J9@5B8D9F8=9A9LD9BG9GG<5@@69D5=86MCIBHMK=H<CIH7CD=9GC:
H<9KF=HH9B7CBG9BH5G89G7F=698=BH<=GDC@=7M5B87CD=9GC:5@@F979=DHG