浙江省2020届高三年级新高考名校交流6月版模拟英语试卷（1-5套）
书书书
!"#$%&'()*+,-!./"0#!1 !"""" 2"3 " 2#
!"#$%&'()*+,-
!!"!#" !"#$!%&'#
()*+,!*"-."#/,"*"0-."#12+$ 3+ #$% +%4)56 #&% +7
.!-!/0123"4 !" 3#
.523$67!489":3 #$ 3#
.59$;<=!4 " >1"?>1 %#" 3":3 &#" 3#
456 $ 789$ :789;<0=>?%@?ABCD $&%&&E=FGAFHIJFG%KLMN-DO
PQR$ 4S:789;%TU< #% VWDXYZ[<]>?^_`50>?$ :789a`0b$
##'()* +(,-./ 0()12* 23345)200()2436,30'
$#$0&(%% 2#1#!! %#$3,-*/ ##(%% 6#1#!!! , .20)30(2* #%(%% 6#1#
&#'(204+0()8,*5)3+204,* 124*.9 2:,-0'
$#$0346 0, ;,1)#! %#<,=0, =340).9348+#!! &#$8,16)0404,*#
'#'(20/,)+0()12* 0(4*> ,?0()8)3)2.'
$#@04+0,, +=))0#! %#@002+0)+/).484,-+#!!! &#@0*))/+1,3)+-A23#
(#'(20=4..0()12* /, *)B0'
$#%-9 2048>)0?3,1<).)*# %#%-9 2* )B032048>)0?,3<).)*# &#$+> <).)* ?,3+,1)+-AA)+04,*+#
$#'()3)4+0()A23/)*4*A +)804,*'
$#%)+4/)0()?2+(4,* +)804,*#!! %#C6+0243+# &#D,=* 0()(2..=29#
.@9$A<=BCD!4 %" >1"?>1 %#" 3":3 ''#" 3#
456 $ 789cde$ :789cde;
?%@?ABCD $&%&&E=FGAFHIJFG%K
LMN-DOPQR$ 4:789cdeg%Th< $ VWDXY_`i=>?)4S;%i>?hCH $ VWD
jXY$ :789cde`kb$
41 " 7lm%[1 "&) ?$
"#'(, 23)0()+6)2>)3+'
$#E)28()3+#!!! %#F0-/)*0+# &#D,80,3+#
)#'(20=4..0()=,12* 63,:2:.9 /, '
$#E, 3)*02* 262301)*0# %#E, .,,> ?,32* 243G8,*/404,*)3# &#E, 1,5)4*0, 2*,0()3/,31#
41 ) 7lm%[1 *&+ ?$
*#'()* /,)+0()12* -+-2..9 A, 0, 0()84*)12'
$#H* (,.4/29+#! %#H* =))>)*/+#!! &#I5)39 )5)*4*A#
+#'(20/,)+0()=,12* +29 2:,-0()3+).?'
$#F().4>)+0, A, 0, 0()6-:# %#F(),*.9 +))+0()12J,3(40+# &#F()4+2* )*0(-+42+04884*)12GA,)3#
41 * 7lm%[1 #% n #& ?$
#%#'(9 4+0()12* (254*A 2* 4*0)354)='
$#E, A)020)28(4*A 6,+404,*# %#E, A)02J,: 202(,+6402.# &#E, A)04*0, 1)/482.+8(,,.#
###'(20=2+0()12*K+1,0()3'
$#F()=2+2/,80,3# %#F()=2+2?-..G041)(,-+)=4?)# &#F()=2+2*-3+)#
#&#'(20/,)+0()12* /, 4* (4++623)041)'
$#;)2/4*A#!!!!! %#L,4*A :4>4*A#!!!!! &#M,.-*0))34*A 202+8(,,.#
41 + 7lm%[1 #' n #" ?$
#'#'(2063,:2:.9 =4..0()=)20()3:).4>)0,1,33,='
$#'231#! %#<,0#!!!!!!!!!!! &#&,./#
!"#$%&'()*+,-!./"0#!1 N"""" 2"3 " 2#
#(#'(48( 4+0()=,12*K+?25,340)+)2+,*'
$#F634*A#! %#F-11)3#!! &#'4*0)3#
#$#'(2063,:2:.9 =4..0()=,12* /, 0,1,33,=)5)*4*A'
$#L,4*A 0, 2:430(/29 62309#! %#%-94*A 2*)=/3)++# &#$00)*/4*A 2.)80-3)#
#"#'()* =4..0()+6)2>)3+1))00,1,33,='
$#$023,-*/ "(%% 6#1#! %#$023,-*/ "('% 6#1#!! &#$023,-*/ )(%% 6#1#
41 #% 7lm%[1 #) n &% ?$
#)#<,=.,*A (2+0()+6)2>)3:))* =,3>4*A 2+2(4+0,39 0)28()3'
$#7)23.9 ' 9)23+#!!!! %#$.1,+0#' 9)23+#!! &#$:,-0'% 9)23+#
#*#'(204+0()124* 0()1),?0().)80-3)'
$#E()416,302*8),?(4+0,39 )/-8204,*#
%#$*)=1)0(,/ ,?(4+0,39 )/-8204,*#
&#E()6-36,+),?.)23*4*A (4+0,39#
#+#'(20/, 0)28()3+-+-2..9 :)A4* =40( 4* 0)31+,?0()(4+0,39 ,?:-+4*)++'
$#E()63,:.)1,?63)+)*0)8,*,19#
%#E()(4+0,39 ,?0()@*/-+0342.;)5,.-04,*#
&#E()A,5)3*1)*02804,* 4* 0()62+0#
&%#'(20/,)+0()+6)2>)3+29 2:,-00()032/404,*2.1)0(,/'
$#@012>)++0-/)*0+1)1,34O)?280+1)8(2*482..9#
%#@04+0()1,+0)??)8045)=29 ,?.)23*4*A (4+0,39#
&#@0().6++0-/)*0+-*/)3+02*/ 0()416,302*8),?(4+0,39#
.@23$EFGH!489":3 #" 3#
.59!4 %$ >1%?>1 '#" 3":3 '" 3#
_`5opq%@:?BCD $&%&&^ Dr=FGA%FHIJFG$
(
,-. /01 23045675% 89:-.9:;7<=9<>;7?9:;-29@<73?973. A99-:60B950:9D9<7;9E5<9B9;/5-3/?0135<-9:'
C7?6 0F569B-:73 -3.9>93.935;73.% 4-56 -5:043 =0D9<3B935% 5<7.9% 73. ?1:50B:GH390F56989:523043 0F569:9
:B7;;?0135<-9:-:I037?0GJ5-::-51759. 03 569I9.-59<<73973 K9773. :1<<013.9. 8/@<73?903 56<99:-.9:GI037?0
89?7B9F7B-;-7<50LB9<-?73:4693 -5:<1;9<% M<-3?9N7-3-9<% B7<<-9. 569LB9<-?73 7?5<9::A<7?9O9;;/GN7-3-993.935F0<0D9<56<99613.<9. /97<:GL3.0<<7%
4-56 73 7<970F:0B9&%% :R17<9B-;9:% -:?03:-.9<78;/;7<=9<5673 I037?0GQ6-:?01357-3 03 5690569 B01357-3
D7;;9/:GH390F569><0.1?5:-59E>0<5:-:?;056-3=GL3.0<<7-:7;:023043 F0<-5:9E?9;;935:2--3=;0?75-03:GS-56-3 569L;>:
-3 T935<7;C1<0>9-:U-9?6593:59-3% 75-3/?013590>;9460:>972 B0:5;/A993.935?01350<5:7;050FB7?6-3993.935:5759:-3 C1<0>97<9K73 I7<-3073. U1E9B801<=GC7?6 0F569:967:13-R19R17;-5-9:7:
49;;G
&#GW04B73/:B7;;?0135<-9:7<9B935-039. -3 56959E5'
LG$!! XG"! TG)!!!! ,G*
&&GS6/-:I037?0F7B-;-7<50LB9<-?73:'
LGX9?71:90390F-5:<1;9<:B7<<-9. 7F7B01:LB9<-?73 7?5<9::G
XGX9?71:9-5P:569B0:5F7B01::B7;;?01359G
TGX9?71:9-5P:;0?759. 03 569I9.-59<<73973 K97G
,GX9?71:9-567:13-R19R17;-5-9:G
!"#$%&'()*+,-!./"0#!1 P"""" 2"3 " 2#
&'GS6-?6 0F569?0135<-9::67<9:569:7B9?1<<93?/4-56 K4-5V9<;73.'
LGU1E9B801<=G!! XGU-9?6593:59-3G TGL3.0<<7G!! ,GI037?0G
)
J3 U0:L3=9;9:% 9D9590>>-3=1> 03 ?-5/81:9:73. ?0BB159<5<7-3:% -3 =<7FF-5-:><7/
>7-359. 03 <73.0B 47;;:% 73. -3 75601:73. 5<-8159:" st u v# ;9F5015:-.9569.0435043 K57>;9:T9359<% 46-?6
4-539::9. 569>972 0F6-:=;0 >18;-?81-;.-3=:73.
F01357-3:-3 >1<>;973. =0;.% 569?0;0<:0F569U729<:% F0<460BX;7/9. 7;;&% 0F6-:><0F9::-037;:97:03:G
L:569.7/:>7::% -567:89?0B9?;97<567556-:-:300<.-370;-?9
D-0;93?9% 815697;:0.03759. B039/5074-.04:P73. ?6-;.<93P:F13. F0<>0;-?9B93 2-;;9. -3 569;-390F.15/GW947:73
LF<-?73 LB9<-?73 <0;9B0.9;% 8156947:7;:07.0<9. 8/>90>;90F0569<<7?9:GQ69F013.75-03 699:578;-:69. 4-56 6-:
4-F9% Y739::7% 67:><0B059. /0156 :>0<5:% 73. -567:7;:040<29. 50=95ULP::07<-3=>0>1;75-03 0F60B9;9::/013=
LF<-?73 LB9<-?73:0FF569:5<995:G
*S9.-.3P5Z1:5;0:9787:29587;;>;7/9-;;7<0F569?0BB13-5/89/03.
756;95-?-:B% + :7-. J:77?X90>;9-3 UL50;002 1> 50G+
&(GS675-:56989:55-5;9F0<56959E5'
LGO089X;7/96 & -:B7-3;/78015O089X9<-93?9: TG13-R19?67<7?59< ,G=<975F7B9
&"GS675-:56950390F56959E5'
LGK/B>75695-?73. :0<<04F1;G XGJ3.-FF9<93573. -B>7::-D9G
TGI01<3F1;73. <9:>9?5F1;G ,GN9=<95F1;73. .9><9::9.G
*
Q6961B73 <7?9-:;0?29. -3 78755;97=7-3:5:0B956-3=F-D9B-;;-03 5-B9::B7;;9<5673 1:GQ6930D9;?0<037D-<1:"$
wxyz{# 567567:9B9<=9. F<0BS1673 -3 T6-3767:=039F<0B73 1323043 939B/50F<-=6593-3=569460;940<;.% -3
7B7559<0FB0356:GL:-5?035-319:50:><97. 7<013. 56940<;.% 8<-3=-3=>73-?4-56 -5% :?-935-:5:7<9:5<-D-3=50.9D9;0>
47/:0FF-=65-3=56-:><9D-01:;/1323043 56<975GK0>6-:5-?759. ?0B>159<9.-?5-5:
5<73:B-::-03% 46-;9D-<0;0=-:5:7<97559B>5-3=5093=-399<7D7??-39GH569<:7<9:992-3=.<1=5<975B935:5675?73 69;> 560:9
460F7;;-;;4-56 569-3F9?5-03G
X1556-:-:305569F-<:5?0<037D-<1::?-935-:5:67D993?01359<9.% 73. .9F975-3=569B-:67<.9<5673 /01 B-=6556-32G
CD93 7F59<.9?7.9:0F5-59/97<:0F40<2GX056 569.97.;/K9D9<9L?159N9:>-<750-<750
0FD-<1:9:5675?73 -3F9?58056 61B73:73. 73-B7;:73. ?73 0??7:-037;;/Z1B> 569:>9?-9:87<<-9;9% 47:
F-<:5<9>0<59. -3 &%#& 4693 7/013=80/47:-3F9?59. 7F590<59. ?7:9:0F>90>;989-3=-3F9?59. 8/?7B9;:G
Q69394?0<037D-<1:% 46-?6 67:8993 37B9. &%#+3T0Y% 7>>97<:50897/013=D-<1:5675B7/67D99B9<=9.
:0B95-B9-3 ;7:5,9?9B89<% 7??0<.-3=507559B>5:505<7?9-5:0<-=-3:GX7:9. 03 737;/:-:0F-5:=9395-??0.9% &%#+3THY-:
5601=655067D9Z1B>9. 5061B73:F<0B875:GQ6961B73 D-<1:67:8993 F013. 50:67<9B73/=9395-?:-B-;7<-5-9:50540
?0<037D-<1:9:-3 875:% 8150569<:67D9:1==9:59. -5B7/67D9?0B9F<0B :3729:% 7;5601=6 56-:-.9767:8993 4-.9;/
!"#$%&'()*+,-!./"0#!1 Q"""" 2"3 " 2#
.-:B-::9. 8/D-<0;0=-:5:G
&)GQ6913.9<;-39. 40<. *:0>6-:5-?759.+ -3 M7<7=<7>6 # -:?;0:9:5-3 B973-3=50!!!!G
LG?0B>;9E! XG394 TG-359<9:5-3=! ,G:-B-;7<
&*GS675B97:1<9:7<9569:?-935-:5:572-3=50.9F97556930D9;?0<037D-<1:'
LGY7??-375-3=7:B73/>90>;97:>0::-8;9G XGS->-3=01556973-B7;:?7<-3=9FF9?5-D9.<1=:G ,G@0<8-..-3=73/?0357?54-56 4-;. 73-B7;:G
&+GS675F9751<9-::67<9. 8/7;;569?0<037D-<1:9:'
LGL;;0F569B7<9.97.;/G XGL;;0F569B?73 -3F9?58056 61B73:73. 73-B7;:G
TGL;;0F569B?73 :><97. 8954993 61B73:G ,GL;;0F569B67D9569:7B9=9395-??0.9G
'%GS6/.0B0:5:?-935-:5:89;-9D9&%#+3THY-:F<0B875:'
LGX9?71:9-5:=9395-??0.9-::-B-;7<50875:PG
XGX9?71:9B0:5-3F9?59. >90>;967D9?0357?59. 875:G
TGX9?71:9569=9395-??0.9:0F&%#+3THY73. :0B9?0<037D-<1:9:-3 875:7<96-=6;/:-B-;71%?>1 ' 3":3 %$ 3#
|}pq~%@pq;DFGAFHeDIJFG$ FGA5-03 F0;0/99G
54.60477489,0.:46;<
,03P547291> 73. -BB9.-759;/:57<540<2-3=GM<9>7<9F00F0<569.7/
73. .-:?01<7=9:569:;99>/-.975675/01 ?73 ?<74;87?2 -35089. F0<737> 7<013. ;13?6G
*,33=>?@;.4A9.4>
Q6978-;-5/50?0BB13-?759R1-?2;/73. <9;-78;/-:569B0:5><-?9;9::755<-81597<9B0599B>;0/99399.:50:1??99.G
[>.759/01<9:93?923043 50/019?-F-?% B97:1<78;9% 7?6-9D78;9% <97;-:5-?73. 5-B98013.G
DC;>(E;?>7.6?7.0;@.?,>7"#
K958013.7<-9:8/9E>;7-3-3=50F7B-;/B9B89<:5675569/:601;. 7D0-. -359<<1>5-3=13;9::-5P:-B>0<5735G!'(! K0
569/.03P5F99;935-5;9. 50/01<40<2-3=5-B9G
54.A=.
@-3. 5-B950=0F0<:60<547;2:5069;> -3:>-<9><0.1?5-D-5/73. ?<975-D-5/GH390F5698;9::-3=:0F40<2-3=<9B059;/-:
5690>>0<513-5/50;-D97B0<97?5-D9;-F9:5/;9-3:597. 0F89-3=.9:28013.G!'$! H569<4-:9/01P;;F7;;-350569-39<5-7"
#0F:-55-3=75/01<.9:2 7;;.7/73. 39D9<;97D-3=569601:9753-=65G
LGW049D9<% -5P:-B>0<573550B7297?5-D-5/7678-5G
XGQ9<:03G
TGW7D97<9=1;7<;/:?69.1;9. :0?-7;B995-3=G
,GI0:50FF-?9:1:9:0B9=<01> ?675:993. 4-56 569BG
!"#$%&'()*+,-!./"0#!1 R"""" 2"3 " 2#
.I23$JKLM!489":3 F" 3#
.59!4 '$ >1%?>1 %G" 3":3 #$ 3#
_`56pq%@pq;i?BCD L&X&T^ ,r=FGA%FHeDIJFG$
Q69<9P:039:013. 5675=95:78-=<97?5-03 F<0B2-.:03 7605.7/% 569:013. 0F73 -?9?<97B5<1?2GI7<-7I?T7<539/
67:8993 -3 569!'"! -?9?<97B81:-39::!')! &%%$G*S693 J47:7;-55;9=-<;% J:7473 -?9?<97B5<1?2 73. 2394
J47359. 5067D9039!'*!GJPB:067>>/5675J67D9!'+! B/?6-;.600. .<97B%+ I?T7<539/:7-.G,1<-3=569605
.7/:0F:1BB9<% I7<-773. 69<.71=6597<5-:50:995692-.:Z1B>-3=1> 73. .043 73. 569/Z1:5=95:0!($!GJ5P:=<97550
!("! 7B9B0:569/4-;;!()! 569:4995B9B07<935:?0B901587<9F00573. !(+!% <97./5081/-?9?<97B) 569/<9B9B89>-39::0F?6-;.<93 !$&! B0<95673 B039/GW9<5<1?2 F9751<9:7!$'! 81?295F0<2-.:460
.03P567D9B039/F0<-?9?<97BG*S693 569<97<956<992-.:73. 03;/5400F569B67D9B039/% J7;47/:!$(! 56956-<.
039=95::0B956-3=GJ5-:!$$! J?73P5.<-D9747/73. 67D9567556-<. 03930567D9:0B956-3=%+ :69:7-.G
'"GLG-359<9:5-3=! XG8939F-?-7;! TG5-<-3=!! ,GB08-;9
')GLG:-3?9!! XG7F59;7?9
'+GLGF0<=05593!! XG<9B9B89<9.! TG<97;-V9.!! ,G?673=9.
(%GLGF0;;04!! XG.<-D9! TG<-.9!! ,G<935
(#GLGB7;;:!! XG39-=680<600.: TG:?600;:!! ,G.0435043:
(&GLGF0<9:9:95! TG7330/9.! ,G9E?-59.
("GLG67D9!! XG:67<9! TG81-;.!! ,G299>
()GLGB-::! XG?9;98<759! TG;-29!! ,G67<80<
(*GLG73/47/! XG73/B0<9! TG73/604!! ,G73/5-B9
(+GLG:?<97B-3=! XG?6755-3=! TG;71=6-3=!! ,G47;2-3=
$%GLG4693!! XG469<9! TG46/!! ,G604
$#GLGX9?71:9!! XGS6-;9! TGH3?9!! ,GL:
$&GLG67:!! XG043:! TGB7559<:!! ,G;97D9:
$'GLG>;7:5-?!! XG;7<=9! TG:9?<95!! ,G.0375-03
$(GLGB729?;97!! ,GB729:1<9
$$GLGF01%?>1 %G" 3":3 %" 3#
_`56lm%MeD~"# =#c~D$
H390FA00=;9P::9;F.<-D-3=?7<:?<7:69. -350781:-3 T7;-F0<3-7;7:5B0356G!$"!";1?2#% 569<949<930-3Z1<-9:G
J5-:305569F-<:55-B956750390FA00=;9P:F7B9. :9;F.<-D-3=?7<:!$)!"-3D0;D9# -3 7?<7:6% 815-5B7/89569F-<:55-B9
-567:?71:9. !$*!GH3 @98<176% >1;;9. 015-3 F<0350F7>18;-?81:
=0-3=#$B>6GQ69B73 !"%! 569A00=;9D96-?;9<9>0<59. 567569:1>>0:9. 56981:!"#!":;04# .043 50;95569?7<
015% 73. :069.-. 305:4-5?6 50569B7317;B0.9GJ3 7:5759B935% A00=;9:7-.% * S9?;97<;/897<:0B9!"&!
!"#$%&'()*+,-!./"0#!1 S"""" 2"3 " 2#
"<9:>03:-8;9#% 89?71:9-F01 507;;041:50B9<=9-3505695<7FF-?% 73. !"(!569<9401;. 89:1FF-?-935:>7?950.05675G+ Q69
?0B>73/P::9;F.<-D-3=?7<:67D9.03949;;0D9<7B-;;-03 B-;9:7?<0::D7<-01::5759:-3 569[K% 73. !"$! 30467D903;/
<9>0<59. B-30<7??-.935:G
.O23$PQ!489":3 F$ 3#
.59$RMSPQ!:3 %" 3#
TA% ¡¢£¤¥%h¦5§¨.©`ª%«T¬«®¯A°±T²®0³%~´
(#Gµ¶°·)&GO]¸¹$
º»(#G¼ *% ½¾)&G¿ÀÁÂ%ÃÄqÅÆ$
!
!
!
!
!
.@9$TUPQ!:3 '" 3#
_`56pq%|}Ç~¬0È "% ½¾D~ɸ$
Q69<97<9:0B9=<975.-FF9<93?9:8954993 5695<7.-5-037;F7B-;/73. 569B0.9<3 F7B-;/GQ69F-<:5-B>0<5735.-FF9<93?9
-:-3 569B73P:<0;9GQ695<7.-5-037;61:873. 47:569697. 0F569601:960;. 89?71:96947:56903;/03946040<29.
015:-.956960B9GJ3 B73/F7B-;-9:50.7/% 8056 61:873. 73. 4-F940<2 F093.-3=B039/GW049D9<% 569
B0.9<3 61:873. :67<9:569:9.9?-:-03:4-56 6-:40<2-3=4-F9GL;:0% 5695<7.-5-037;61:873. .-. 30569;> 6-:4-F94-56
601:940<2 0<9>7<75-03GJ3 ?035<7:5% 569B0.9<3 61:873. 69;>:6-:40<2-3=4-F97560B9GW9B7/.0:0B90F569
601:960;. ?60<9:% 73. -5-:305131:17;F0<6-B50?002G
Q69:9?03. .-FF9<93?9-:-3 56940B73P:<0;9GJ3 5695<7.-5-037;F7B-;/% 56940B73 B7/67D940<29. .1<-3=69 69<-B7<9:?600;?6-;.<93 B7/=0507?6-;.?7<9?9359<0<507878/
:-559<<9=1;7<;/89?71:9569B0569<40<2:GQ69:?600;7=9?6-;.<93 0F75<7.-5-037;F7B-;/49<9B0<9.9>93.935GQ69-<
B0569<47:569<95069;> 569B=95<97./F0<:?600;73. 50B729569-<8<972F7:5GJ3 ?035<7:5% B0.9<3 ?6-;.<93 7<9B0<9
-3.9>93.935GQ69/67D950=951> 97<;/73. =95<97./F0<:?600;569B:9;D9:% 73. 569/B7/9D93 67D950B729569-<043
8<972F7:5G
J3 ?03?;1:-03% 569LB9<-?73 F7B-;/0F50.7/-:.-FF9<935F<0B569F7B-;/0FF-F5//97<:7=0GJ3 569B0.9<3 F7B-;/% 569
<0;9:0F569F7569<% B0569<% 73. ?6-;.<93 67D9?673=9. 7:B0<973. B0<940B93 40<2 015:-.956960B9GQ6939E5?93510<5735?673=9:50569LB9<-?73 F7B-;/:5<1?51<9G
!
!
!
!
!"#$%&'()*+,-!./"Ê#!1 #!!!! 2"3 " 2#
!"#$%&'()*+,-
!!"!$" !"#$!89'#
()*+,!*"-."#/,"*"0-."#12+$ 3+ #$% +%4)56 #&% +7
.!-!/0123"4 !" 3#
.523$67!489":3 #$ 3#
.59$;<=!4 " >1%?>1 %G" 3":3 &G" 3#
456 $ 789$ :789;<0=>?%@?ABCD L&X&TE=FGAFHIJFG%KLMN-DO
PQR$ 4S:789;%TU< #% VWDXYZ[<]>?^_`50>?$ :789a`0b$
#GS675.09:569B73 56-32 0F569?075'
LGJ5-:>;97:735G XGJ5:?0;0<-:500.1;;G TGJ5B729:56940B73 ;002 F00;-:6G
&GS675-:56940B73 ><0878;/=0-3=50.0'
LGX1/:0B93948002:G XGX0<<04:0B98002:G TGN9?0BB93. :0B98002:50569B73G
'GS60-:56989715-F1;40B73'
LGQ69B73P:=<73.B05699729<:><0878;/.0'
LGM19729<:B0:5;/57;2-3=78015'
LGK>0<5:G XGT0BB91%?>1 %G" 3":3 ''G" 3#
456 $ 789cde$ :789cde;?%@?ABCD L&X&TE=FGAFHIJFG%K
LMN-DOPQR$ 4:789cdeg%Th< $ VWDXY_`i=>?)4S;%i>?hCH $ VWD
jXY$ :789cde`kb$
41 " 7lm%[1 "&) ?$
"GS6/-:569B73 B72-3=781.=95'
LGW9049:B039/G!!!!! XGW94735:5081/:0B956-3=G TGW9-:B0D-3=-3507394>;7?9G
)GS675.09:569B73 :>93. B0:50F6-:F;9E-8;99E>93:903'
LGA<0?9<-9: XGN93573. 8-;;:G TGI97;:75<9:571<735:G
41 ) 7lm%[1 *&+ ?$
*GS675.09:569B73 56-32 69-:;-29'
LGU0D-3=G!!!!!!!!! XGA935;9G!!!!!! TGW7>>/G
+GW04B73/<9. <0:9:-:569B73 81/-3='
LG@-D9G!!!!!!!!!!! XGK-EG!!!!!!!! TGQ93G
41 * 7lm%[1 #% n #& ?$
#%GS69<97<9569:>9729<:'
LGJ3 7=7<.93G!!!!!!!!!XGJ3 7/7<.G!!!!!! TGJ3 7<-D99729<:><0878;/5<7D9;9.'
LGQ40B-;9:G!!!!!!!!! XGQ6<99B-;9:G!!!! TGK-EB-;9:G
#&GS6-?6 5/>90FZ132 =-D9:569B73 B0:55<018;9'
LGX7=:G!!!!!!!!!!! XGQ0/:G!!!!!!!! TGX055;9:G
41 + 7lm%[1 #' n #" ?$
#'GS6/-:569B73 -359<0Z9?5G!!!!!!!!
TGW9-:4<-5-3=7:507>90;-5-?-73G
#$GS675-:56940B73 60>-3=F0<'
LGX9?0B-3=F7B01:G!!!!!!
XGA955-3=.0375-03:F0<7:?60;7<:6->G!!!!!!
TGN7-:-3=>90>;9P:747<939::0F-B><0D-3=F7?-;-5-9:G
#"GS69<9.-. 56940B73 <9?9-D9569B0:5:1>>0<5'
LG@<0B569;0?7;:?600;.-:5<-?5G!!!!!!
XG@<0B569=0D9<3B935G!!
TG@<0B69>939. -3 L><-;;7:5/97<'
LGW-=6 4-3.:G!!!!!!! XGL.<01=65G!!!!!!!! TG@;00.:G
&%GW040F593 7<9569394::1BB7<-9:8<07.?7:5'
LGCD91%?>1 'G" 3":3 '" 3#
_`5opq%@:?BCD L&X&T^ ,r=FGA%FHIJFG$
(
,0;0<9:-:><00F5675:0B95-B9:F-3.-3=/01<:9;F-3 5694<03=Z08 ?73 67D9403.9-57;% 81556-:5-B97:7
<9?9>5-03-:5G* Q695<018;9-:5675J47:78:0;159;/<188-:6 75569Z08%+ :7/:,0;0<9:4-56 7:B-;9GM6039:4935
1373:49<9.% 73. :6939D9<.-. B7:59<569?0B>159<% 815567547:89?71:9:69:>9355-B9747/F<0B69<.9:2 ?6755-3=50
73. ?0BF0<5-3=569>7<935:0F:-?2 ?6-;.<93 73. 569?6-;.<93 569B:9;D9:G
,0;0<9:67. 39D9<-B7=-39. :57<5-3=7?67<-5/% 8154693 :69:>029500390F569.0?50<:78015569:9><08;9B:% 69
0FF9<9. 5069;>GW9:1==9:59. >155-3=50=9569<7>;73 73. :7-. 69401;. :1>>0<569<0Z9?589=73% 56975B0:>69<90F569?6-;.<93P:13-567:?673=9. 89/03. <9?0=3-5-03GT6-;.<93 7:29. F0<7
>;7?950>;7/015.00<::0,0;0<9:.9D9;0>9. 739=;9?59. 7<97-3 56960:>-57;=<013.:73. 5<73:F0;7/:>7?9GLF5975-935:GQ69<9-:3047?0BB03 <00B F0<59937=9<:%
9R1->>9. 4-56 5<93./F1<3-51<9% -359<3957??9::73. 7F<-.=9F1;;0F:37?2:73. F<9:6 Z1-?9:G
M7<935:% 4607<90F593 40<<-9. 4693 569- 7697;56 ><08;9B% 49<9305F0<=05593 9-5697<935:?73 69;> 569B:9;D9:50?0FF99% 59773. ?60?0;7598-:?1-5:G]07337% 569
B0569<0F#"/97<�;. L350-39% 460-:<9?9-D-3=5<975B9357556960:>-57;% :7/:% */01 :99,0;0<9:;-:593-3=% 57;2-3=50569
.0?50<:73. =955-3=03 4-56 -5GQ69?67<-5/8<-3=:?0BF0<573. B1?6399.9. F13 50569?6-;.<93P:13-5GCD95-03-:5'
LGW9<78-;-5/47:3059R17;50569>0:-5-03G XGK6947:50081:/5073:49<569>6039:G
TGQ69?0B>159<:/:59B47:500?0B>;9E50673.;9G ,GK6947:.9D059. 50<9;-9D-3=>75-935:P1397:-39::G
&&GW04-:569?6-;.<93P:13-5-3 56960:>-57;?673=9.'
LGL89715-F1;=7<.93 -:81-;5015.00<:G XGL?0<<-.0<-:?0339?59. 5056947<.G
TGL?0BB03 <00B-:.9:-=39. 8/>75-935:G ,G@00. 73. .<-32:?73 8997:-;/7??9::9.G
!"#$%&'()*+,-!./"Ê#!1 '!!!! 2"3 " 2#
&'GS6-?6 0F569F0;;04-3=-:56989:55-5;9F0<569>7::7=9'
LGQ6940B73 460>15?0BF0<5-350?7<-3= XGJ5P:3057>13-:6B9355089:9355060:>-57;
TG,03P5;73. 03 5694<03=?7<99< ,GT67<-5/-:7;47/:<947<.-3=
)
K67;-B7<47:;759F0<40<2 039B0<3-3=73.% 7:56981:?7B9% :69<1:69. 0FFGL::69?;-B89. 7807<.% 69<697<547:
8975-3=:0F7:55675:69?01;. 67<.;/:>972 50569.<-D9:9G
*J1:9. 5089D9;7/9. 5933-:75:?600;GX157F59<=<7.175-3=% J=057=<9750>>0<513-5/7:7.-=-57;7<5-:5G
S-56-3 7F94/97<:J67. :57<59. B/043 ?0B>159<=7B9:?0B>73/GJ=7D99D97-. 7><-?973.
567547:B/697;56G+
@0;/.-.3P556-32 J67. 5695-B9G
CD93 4693 J47:3P57540<2% J47:56-32-3=0F394:50 6-=6939<=/.<-32:7;;.7/GS693 J=05
60B9% JP. :-5-3 F<0350F569QY<7569<5673 ?002 7><0>9<-:-3=;/% :69.-.3P5:;99> 49;;G
W99<:17.969<50=-D9569><0=<7B75;7?987. 678-5:
4-56 697;56/039:% :1?6 7:=955-3=0FF56981:7:50> 97<;-9<% 73. B72-3=5-B950:60> F0;7-3:5675569><0=<7BF0?1:9:03 B72-3=:B7;;?673=9:5675/01 ?73 F-5-350/01<;-F9:5/;9G*JPB:5<-?5
4-56 B/:9;F304GW049D9<81:/J7B% JB729B/>7?29. ;13?6 9D9159<=7B9780157?159878/=-<7FF94-;;:003
89;713?69.G
&(GS675.-. K67;-B7<;97<3 7801569<:9;FF<0B56981:-3?-.935'
LGK69F013. 69<:9;F7=-3=<7>-.;/G XGK69:1??99.9. 75761=9?0:5G
TGK6947:-3 30?03.-5-03 50.0:>0<5:G ,GK6947:3051:9. 50<-.-3=781:G
&$GS6/.-. K67;-B7<56-32 ;-55;90F=0-3=507F-539::?9359<'
LGK6947:5007>>;-9. 50690<5:G
TGK69.-.3P55<1:5569F-539::?935990>;90>>0:9569-<1:903 569=<013.:5675569
9E>9<-B935:7<9?<19;73. 1339?9::7>97<:697;56/% :6967:505729'% .-FF9<935.<1=:97?6 .7/
50:57/7;-D9GCD99. 7394B01:9
4-56 569:7B9=9395-?.9F9?57:U71<7GQ6-:B7.9-5B1?6 97:-9<50.9D9;0> 3945<975B935:GQ69<9B7/:003 8947/:0F
?1<-3=U71<7% 7:;03=7:5675<9:979<-B935:03 73-B7;:
67D98993 73 -B>0<5735>7<50F7;B0:59D90-35-3 569><0?9::497<9
=0-3=5067D950=-D9560:9.-:97:9:5073-B7;::049?73 :51./569BG
!"#$%&'()*+,-!./"Ê#!1 (!!!! 2"3 " 2#
Q6-:-:569.-;9BB749F7?9GS9473550><9D935:1FF9<-3=GQ69?<1?-7;-::19-:604491:973-B7;:-3 <9:970::-8;950.073-B7;9E>9<-B935:1:-3=B9560.:567556973-B7;:.03P59D93 305-?9GQ6940<:5569:973-B7;:67D950>15
1> 4-56 -:;-D-3=-3 7?7=94-56 <9=1;77::7=9'
LGK69;002:4972 89?71:90F569.-:97:9G XGK6947:80<3 4-56 7:9D9<9.-:97:9G
TGK69-:89-3=9E>9<-B9359. 8/:?-935-:5:G ,GK6967:<9?0D9<9. 56732:50:?-935-:5:G
&*GS675.09:56913.9<;-39. 40<. *.9F9?5+ B973'
LGF7?50< XG7.D7357=9 TG-B>97<7=<7>6% 56971560<4-;;:1==9:5:?-935-:5:!!!!G
LG5729;-55;9305-?90F73-B7;:P:1FF9<-3= XG:50> .0-3=73-B7;9E>9<-B935:
TG299> 73-B7;:-3 ?7=9:4-56 :1FF-?-935F00. ,G?71:9569;97:5>0::-8;9679<-B935:'
LGK1>>0<5-3=G XG,-:7>><0D-3=G TGJ3.-FF9<935G ,G[3?;971%?>1 ' 3":3 %$ 3#
|}pq~%@pq;DFGAFHeDIJFG$ FGA50B% !'#!Q69:9:59>:4-;;69;> =1-.9/01 56<01=6 :0056-3=569>7-3G
*;CC.:48,@.,0
T7;;-3=7B9.-?7;9E>9<5?01;. 69;> /01 F-=1<9015-F/01 399. 5040<>0-35B9354-56 /01<><-B70-:03-3=' JF/01 759757<9:571<735% /01 B-=65697<03 569394:56750569<:=05:-?2 500GT69?2 4-56 /01<
F7B-;/0<73/0399;:9/01 759.-339<4-56 50:99-F569/P<9F99;-3=:/B>50B:;-29:50B7?6 >7-3 -3 569B0<3-3=56939E5.7/G
*,>7?840@;CC?>E <,=0G,77
Q69<97<97F94F7?50<:50?03:-.9<4693 .9?-.-3=-F/01 :601;. ?7;;-3 :-?2GJF569:50B7?6 >7-3 -:3056-3=394"9D93
-F-5P:78-540<:95673 1:17;#% !'(!X15-F569:50B7?67?69F99;:131:17;050B0F569:50B7?6 F;1% 5729
569.7/0FFG
+,H,>.:4.04;83?CC"ÔÕÖ#
CE9:.-=9:5-D9><08;9B:% :0F0;;04-3=56<01=6 4-56 /017-3 -:3P5=0-3=747/% 60;. 0FF03 >6/:-?7;7?5-D-5/135-;/01 23044675P:4<03=73. ?73
5<975-5G
LG815/01 :601;. ?7;;/01<><-D759.0?50<-3 569F-<:5>;7?9G
XG/01 ?01;. ><0878;/673.;97.7/-3 5690FF-?9G
TG:0-5?73 8967<. 50230460450:57<55<975-3=-5G
,G0<:57<54-56 :0B97560B95<975B935:
CG]1:5.03P5>1:6 /01<80./-F569>7-3 B729:B0D9B93513897<78;9G
@GI729/01<:9;F8<972F7:57560B9G
AGL:2 -F/01<.-3-3=>7<539<:7<903 569:7B98075
.I23%JKLM!489":3 F" 3#
.59!4 '$ >1%?>1 %G" 3":3 #$ 3#
_`56pq%@pq;i?BCD L&X&T^ ,r=FGA%FHeDIJFG$
J;-D9-3 J.760% 73. B/F7B-;/49<903 7?7B>-3=5<-> -3 J:;73. M7<2GJ547:7!'"!% .7<2 3-=65GI/4-F967.
7;<97./!')! -35001<5<7-;9<"×Ø®Ù#% 815B/:-E/97<�;. :03 73. J.9?-.9. 50:-57<013. 569?7B>F-<9135-;-5
!'*!GQ69<94949<9% :-55-3=-3 01 896-3. 1:% :57<5-3=50
!(%!GJ50;. 6-B 50:50>% :069401;.3P5!(#! 7;;56905699<:% 81569?035-319.GJ!(&! B/K1<9@-<9
F;7:6;-=65-350569.-<9?5-03 0F569!('! 6947:87<2-3=7573. :7-.% *K99% 569<9P:!((! 569<9508987<2-3=75G+
!"#$%&'()*+,-!./"Ê#!1 $!!!! 2"3 " 2#
!($!% J47:4<03=GQ69;-=65-;;1B-3759. 569F7?90F7897<:573.-3=;9::5673 F-D9F995747/F<0B1:-
Q698<-=65;-=65:99B9. 50:?7<9569897<7:J:57<9. !("! 756-:F7?9% 67D-3=39D9<8993 :0!()! 507897<
89F0<9% 7B7V9. 756048-=6947:GI/:03 47::5-;;:-55-3=8/569F-<9% !(*! -3 F977<547:5675% 7::003
7:569;-=6547:!$%!% -547::0.7<2 5675J67. 30-.97!$#! 569897<47:G,-. 69<13 0FF' S7:69<-=65896-3. 1:'
Q6939E5B0<3-3=% <73=9<:"ÚÛÜ# ?7B98/507:2 R19:5-03:73. ;951:2304604!$&! 4949<9GS693 7<73=9<
:74B/F;7:6;-=65% 6947:8;043 747/75604!$'! -547:73. 50;. B96947:!$(! 569F;7:6;-=6547:<9:>03:-8;9F0<
:7D-3=01<;-D9:G*J5B1:567D9?03F1:9. 569897<9301=6 507;;04/01 50!$$!G+
'"GLG4-3./!!!!!!! XG?0;.!!!!!! TG495!!!!!!! ,G:57<!!!! TG4935015!!!!! ,GF9;;.043
'+GLG4-3.!!!!!!! XG7-!!!!!! TG?!!!! TG60;. 87?2!!!!! ,G>15015
(&GLG56<94!!!!!!! XG;-F59.!!!!!! TG>0-359.!!!!! ,G.<0>>9.
('GLG:5039:!!!!!!! XG400.:!!!!!! TG<-D9;7?9.!!!!! ,G-3Z1<9.
(+GLG49;?0B9!!!!! XG7D0-.!!!!!! TG08:99F1;!!!!! ,G69;>;9::
$'GLG697D/!!!!!!! XG9E>93:-D9!!!! TGF73?/!!!!!!! ,G8<-=65
$(GLG50;.!!!!!!! XG-3F0-?2 1>!!!! TG57290D91%?>1 %G" 3":3 %" 3#
_`56lm%MeD~"# =#c~D$
L?5-D9:>0<5:7<989?0B-3=9D90>1;7<0D-3=697;56% =<9759<31B89<:0F>90>;90F7;;7=9:7<9572-3=>7<5-3 D7<-01:7?5-D9
:>0<5-3=>1<:1-5:G
W049D9<% 7:B0<9>90>;95729>7<5% :>0<5:-3Z1<-9:!$)! "89?0B9# B0<9?0BB03G@0<513759;/% 569:9-3Z1<-9:7<9
:9;.0B500:9<-01:GJF!$*! "5<975# ><0>9<;/73. ><0B>5;/% 569/=9589559;733-3=50:57<57F-539::><0=<7B% /01 :5-;;399. 5089747<90F56947/:-3Z1<-9:?73 !$+! "><9D935# -3 569
F-<:5>;7?9G
_01 399. :/:59B75-?73. ><0>9<>6/:-?7;!"%! "><9>7<9# 50=95F-5F0<:>0<5GX9:-.9:5<7-3-3=F0<:5<93=56% /01
:601;. 93:1<95675/01 =95><0>9<<9:5G!"#! -:9::935-7;39D9<505><0><-75959?63-R194693 .0-3=:>0<5G^0503;/-:-5!"'! "08D-01:# D9F1;-3 7?6-9D-3=:1??9::-3 569:>0<5!"(! /01 ?600:9% 815-5?73 7;:0=<975;/<9.1?9569?673?90F:1:57-3-3=73
-3Z1<059?5# 9R1->B935% :1?6 7:69;B95:% =1B:6-9;.:73. 0569<-59B:% -3?;1.-3=?0BF0<578;973. :1>>0<5-D9
F005497<% 4-;;-B><0D9/01<>9 ><9D9351339?9::7<7?5-?7;;/9D9>939. 506-B-3 <9;75-03 507D97<935:5081/-5F<0B7B/:59<-01:0;. B73GS693 569B-<<0<7<<-D9. 60B9% 56980/493550:996-:<9F;9?5-03 -3 -5GW-:F7?9
;0029. D9<9::-03G
K1<><-:9.% 56980/49350FF5081/:4995:GW9?7B960B97:67>>/7:?73 89% 50;002 -3 569B-<<0<% 8156-:-B7=9
47::5-;;:7.;002-3=GW9801=657;;2-3.:0F50/:73. 0;. Z132% 815F0<9D9<;0029. :7. -3 5675B-<<0% 56980/
:51?2 569B-<<0<0FF-3 7?0<39<0>9<;/-+
Q675:7B97F59<3003 694935-350569:5<99550>;7/73. 5081/7F9450/:% 81503 6-:47/50569>7<2 69:747;-55;9
80/46047:?
6-B73. 50:99467567. 67>>939.GQ69;-55;903950;. 6-B56756967. ;0:56-:>7<935:G
Q0=9569<56954080/::950FF-3 :97 ?9356-:B039/
81/-3=6-B:4995:50?699<6-B1>G@-37;;/% 7F597<935:46049<9015;002-3=F0<6-B%
D97<2G
º»(#GBù¬pqD¼P
#$% ½¾)&GPÃÿ $ =!pqAL<5"#D]$/)'Gù¬é
k7%:7D%&
T¬')(Gù¬Sð;%«ÿ5"#LHTBÃÿD]$/$
D;0;E0;H:%(
!""#$% &'"&#("% '")"*#)") &+&,-$ -+,$) .$) '".) /+-'+("0 !
!
!
!
!
D;0;E0;H:'(
!"# $% &'("#')$*%%# *&'+,$*'),%-*&.*+/))%)0 !
!
!
!
!
!"#$%&'()*+,-!./"E#!1 !"""" 2"3 " 2#
!"#$%&'()*+,-
!!"!%" !"#$!:;<'
()*+,!*"-."#/,"*"0-."#12+$ 3+ #$% +%4)56 #&% +7
.!-!/0123"4 !" 3#
.523$67!489":3 #$ 3#
.59$;<=!4 " >1"?>1 %#" 3":3 &#" 3#
456 $ 789$ :789;<0=>?%@?ABCD $&%&&E=FGAFHIJFG%KLMN-DO
PQR$ 4S:789;%TU< #% VWDXYZ[<]>?^_`50>?$ :789a`0b$
##'(204+0()12*K+20040-/)0,=23/+A,4*A 0, 2*)=A91'
$#D4+2663,54*A#!!!!!!! %#F-66,3045)#!!!!!! &#C*8.)23#
&#'()3)/,)+0(4+8,*5)3+204,* 63,:2:.9 02>)6.28)'
$#$0(,1)#!!!!!!!!! %#@* 2(,0).#!!!!!! &#@* 23)+02-32*0#
'#'(208,-./ 0()=,12* :)4* 0()?-0-3)'
$#$+4*A)3#!!!!!!!!! %#$0)28()3#!!!!!! &#$* 2803)++#
(#'()* 82* 0()12* +))T3#%.28> 0,1,33,='
$#$0+(#$#!!!!!!!!! %#$0##(%%#!!!!!! &#$0#&($%#
$#'(20/,)+0()=,12* 1)2*'
$#E()0)28()3=4..A)04..#
%#E()0)28()3=4..*,02+> ?,30()43(,1)=,3>#
&#E()0)28()3=4..8,..)800()43(,1)=,3> ,* 041)#
.@9$A<=BCD!4 %" >1"?>1 %#" 3":3 ''#" 3#
456 $ 789cde$ :789cde;?%@?ABCD $&%&&E=FGAFHIJFG%K
LMN-DOPQR$ 4:789cdeg%Th< $ VWDXY_`i=>?)4S;%i>?hCH $ VWD
jXY$ :789cde`kb$
41 " 7lm%[1 "&) ?$
"#'()3)=4..0()=,12* +029 4* U234+'
$#@* 2(,0).#!!!!!!! %#@* 2?34)*/K+(,-+)#!!!!!! &#@* 0()12*K+(,-+)#
)#'()* =4..0()9 A)00, U234+'
$#$02:,-0#&(%%#!!!!! %#$02:,-0#"(%%#!!!!!!!!&#$02:,-0#*(%%#
41 ) 7lm%[1 * n #% ?$
*#'()3)/,)+0(4+8,*5)3+204,* 63,:2:.9 02>)6.28)'
$#$0(,1)#!!!!!!!!! %#$0+8(,,.#!!!!!!!!!!&#@* 2* ,??48)#
+#'(204+0()=,12*K+/-09'
$#U34*04*A 2..?4.)+#
%#$*+=)34*A 2*/ 032*+?)334*A 82..+#
&#U3)6234*A ?,30()1))04*A )5)39 =))>#
#%#'(20+(,-./ 0()=,12* /, 4?0()6)3+,* =2*0)/ 4+,-0'
$#<,./ ,* -*04.0()6)3+,* 4+:28>#
%#$+> 0()82..)30, .)25)21)++2A)#
&#;)14*/ 0()6)3+,* 0, 82..:28> .20)3#
41 * 7lm%[1 ## n #' ?$
###'(204+0()=,12* /,4*A'
$#<254*A 202B4G(24.4*A# %#%-94*A 26.2*)048>)0# &#U.2**4*A ()3+8()/-.)#
#&#'()* =4..0()=,12* +0230,??0, 0()2436,30'
$#$0$('%#!!!!!!!!!!!%#$0"('%#!!!!!!!! &#$0*('%#
!"#$%&'()*+,-!./"E#!1 N"""" 2"3 " 2#
#'#'(9 +(,-./ 0()=,12* +0230,??)23.9'
$#E()/)+04*204,* 4+0,, ?23# %#@082* 25,4/ 0()032??48J21# &#E()9 =4..648> -6 2*,0()312*#
41 + 7lm%[1 #( n #) ?$
#(#'(20K+=3,*A =40( 0()=,12*'
$#F()(2+0324* +48>*)++#!!! %#F()4++02354*A#!!!!!! &#F()4+)B(2-+0)/#
#$#'(20+)2+,* 4+40*,='
$#'4*0)3#!!!!!!!!!!!%#$-0-1*#!!!!!!!! &#F-11)3#
#"#'(20/,)+0()=,12* =2*00, /,'
$#E, +0,6 0()0324*#!!!!!!!%#E, A)0,??2*/ 3).2B#!!!! &#E, 02>)23)+0#
#)#<,=.,*A =4..0()0324* +0,6'
$#V,3#$ 14*-0)+#!!!!!!! %#V,3'% 14*-0)+#!!!!!! &#V,3($ 14*-0)+#
41 #% 7lm%[1 #* n &% ?$
#*#'(20=2+=3,*A =40( 0()+6)2>)3'
$#<)(2/ 2()2/28()#
%#<)(2/ 2* )9)4*?)804,*#
&#<)(2/ 63,:.)1+=40( 0()411-*)+9+0)1#
#+#'(9 =2+0()12* 0, +029 4* (,+6402.?,32*,0()3?)=/29+'
$#<)(2/ 2* ,6)3204,*# %#<)(2/ 1,3)0)+0+0, /,# &#<)(2/ /)2/.9 /4+)2+)+#
&%#<,=/,)+(-1,3().6 0, ()2./4+)2+)+'
$#<-1,382* ().6 0()624* >4..)3=,3>#
%#<-1,382* 12>)6),6.)?,3A)00()624*#
&<-1,382* 8(2*A)6),6.)K+54)=,* .4?)#
.@23$EFGH!489":3 #" 3#
.59!4 %$ >1%?>1 '#" 3":3 '" 3#
_`5opq%@:?BCD $&%&&^ Dr=FGA%FHIJFG$
(
S693 B/61:873. 73. JB0D9. 50Y97?2 -3507^94_0<2 7>7<5B935GH3?95695<1?2 47:13;07.9.% 49><0B-:9. 30550F-;;01<394% B1?6 B0<9
:>7?-01:60B94-56 Z132GLF59<7F94B0356:5601=6% 569B9B01:6-3=7;;560:980E9:0F8002:% .-:69:73. ?;0569:
.043 569:599>% 37<<04:57-7<5B935-3 ^94_0<2 F7.9.GH1<:51FF47:9E>73.-3=50F-;;01<:>7?97573
7;77?9G
LF59<<97.-3=]1;-9T7<;:03P:8002 1'"2-%.$#3") 4+("% J:50>>9. :979>;/56-:><-3?->;989F0<9J81/7;B0:573/56-3=GJ3:597. 0F:979;-B935:GX9F0<9J81/394F7?-7;?;973:9<0<:67B>00% J?69?2 50:994675P:-3 56987?2 0F569
8756<00B?78-395"()*#GJFJPB56-32-3=78015>1>-3=-:03;/0??7:-037;;/78015399.GCD93 F00. :60>>-3=-:78015467549473550975
<7569<5673 :-B>;/46754-;;299> 1:7;-D9GS9.03P581/56-3=:) 4981/60456-3=:B7291:F99;GQ6-:><-3?->;9-:78015
><9D935-3=/01<60B9F<0B51<3-3=-3507B1:91B0F131:9. Z132G
M71:-3=73. ?03:-.9<-3=4675/01 7;<97./67D9F-<:5<9.1?9:5601=65;9::?03:1B>5-03GT0B>7<9. 50569F;995-3=
:75-:F7?5-03 J=95F<0B81/-3=:0B956-3=394% JPD9F013. 5675>;97:1<90F1:-3=:0B956-3=49;;;7:5:;03=9<-3?->;9.09:56971560<:5-?2 50304'
LGQ6-32 54-?989F0<9/01 :60> 03;-39G
XG@-3. 569Z0/0FB72-3=:0B956-3=8//01<:9;FG
TGT69?2 50:99-F569<97<97;59<375-D9:7560B989F0<9:60>>-3=G
,GX9F0<956<04-3=747//01<>9<:037;-59B:% F-3. 569-<6-..93 D7;19G
!"#$%&'()*+,-!./"E#!1 P"""" 2"3 " 2#
&&GS675.09:56913.9<;-39. 40<. *F;995-3=+ ><0878;/B973'
LG,99>G XGI0B9357;959G ,GM9<:037;G
&'GS675P:569B7-3 >1<>0:90F56959E5'
LGQ0:67<97:50-9?90F7.D-?9G ,GQ0<9?0BB93. 7394:9<7?5-?90F93?01<7=-3=;71=659<4-56 569:013. 0F;71=659<-5:9;F.759:87?2 50569#"56 ?9351997<973 >;7/:% 569<949<9>90>;9460401;. ;71=6 75Z1:5569<-=65B0B935:GQ6-:401;. ?71:9
0569<0=<7B:49<9>0>1;7<03 <7.-0% 569:013. 0F7;71=6-3=71.-93?947:73751<7;>7<50F
>99<9<9?0<.9.GCD93517;;/% 0390F569:604P:4<-59<:<97;-V9. 56758-=;71=6:F<0B0;. <9?0<.-3=:?01;. 89
7..9. -3 50F0;;04394Z029:GK056940<;. 47:-35<0.1?9. 50?7339. ;71=659<9:935757:604GX15
:0B95-B9:% 56971.-93?9.-.3P5;71=6 755699E>9?59. 5-B9% B72-3=569:9B0B935::99B.1;;50560:9475?6-3=7560B9GQ0
F-E56-:><08;9B% QY71.-093=-3999:?0339?59. 50.-FF9<93529/:GC7?6 57>9?0357-39. ?7339. ;71=659<567547:
?7<9F1;;/:9;9?59. 8/,01=;7::F0<-5:>7<5-?1;7;9% 03957>9B-=6567D9><0.1?9. D9<0.1?9. ;01. ?7?2;9:"++,#GQ69B7?6-39?01;. 89>;7/9. 7;B0:5;-297B1:-?7;-3:5<1B935) -F569
;-D971.-93?9.-.3P5;71=6 9301=6% ,01=;7::401;. *:499593+ 56971.-08/7..-3=569<-=657B013573. 5/>90F?7339.
;71=659<9:935% 7:4-56 ?7<5003:G
T<-5-?:67D9;03=?;7-B9. 5675?7339. ;71=659<-:B9<9;/75<-?2 50B729>90>;9;71=6 7587. Z029:GU-D9;71=6 5<7?2:%
6049D9<% ?73 :5-;;89697<. 03 >0>1;797<973 >;7/:'
LGI0:50F569:9>;7/:49<93P5F133/G XGQ69Z08 0F:0B971.-93?9:47:50;71=6G
TGQ69/49<9:0B95-B9:8<07.?7:503 <7.-0G ,GT7339. ;71=659<47:1:9. .1<-3=569>96 &'
LGX-3=T<0:8/P:0;.9<0=<7B:>0>1;7;-?759.
*
L<07.:-.9:/:59B5675.959?5:-F7B08-;9>6039-:-3 1:9-3 7>7::-3=D96-?;9-:89-3=59:59. -3 569[OF-<:5G,9:>-59
89-3=1378;95059;;469569<569.<-D9<-:1:-3=569>6039% -5-:60>9. 5675-54-;;7?57:747<3-3=50>90>;9460B729?7;;:
896-3. 5694699;GQ6959?630;0=/>-?2:1> 569>6039:-=37;-3 569D96-?;973. 7?5-D759:7<07.:-.947<3-3=:-=3 0F7
B08-;9>60394-56 7<9. ;-3956<01=6 -5G
Q69:/:59B?7330559;;569.-FF9<93?98954993 7.<-D9<73. 7>7::93=9<03 781:% 81550:0B9.9=<99-5?73 47<3
.<-D9<:5675569/?73 89.959?59. 1:-3=569-<>6039:G[:-3=7.-<9?5-037;.$&"$$. " -##%569.959?50<>-?2:1> <7.-0
47D9:><0.1?9. 8/7>6039673.:95% 73. B97:1<9:569:-=37;:5<93=56 73. ;93=56 0F569BGS693 7:-=37;-:.959?59. 0F7
.1<75-03 ;03=9301=6 73. :-=37;:5<93=56 :5<03=9301=6 50:950FF569:/:59B% 569.959?50<7?5-D759:56947<3-3=:-=3GQ69
.959?50<-:78;950.-:5-3=1-:6 X;1950056 ?0339?5-03:0<673.:F<99.9D-?9:46-?6% 4693 >-?29. 1>% 4-;;><9D935569
7?5-D75-03G
S6-;956-:394:/:59B-:30<9>;7?9B935F0<7>0;-?90FF-?90:-5-D9:59> F0<47<.GW049D9<% Z1:57:59?630;0=/67:9378;9. 569><08;9B
0F.<-D9<:1:-3=B08-;9>6039:-;;9=7;;/% -5?73 7;:08978-=>7<50F569:0;15-03 -3 =955-3=>90>;950:50>GK575-:5-?:F<0B
569.9D-?9:4-;;89:67<9. 4-56 ^09?-F-?31B89<>;759:?01;. 897*F151<9.9D9;0>B935+G
[:-3=7B08-;9>6039755694699;-:0390F569F01<<07. ?<-B9:46-?6 ?73 67D960<<-8;9?03:9R193?9:-F-5?71:9:7
.97.;/0<:9<-01:?7<0.1?9<:567593?01<7=91:9<:50>;1=-3 569-<>6039:9D93 89F0<9.<-D-3=G
&)GS6/-:569<07.:-.9:/:59B1:9. 7??0<.-3=50M7<7=<7>6 #'
LGQ0:93. 015?9;;>6039:-=37;:50.<-D9<:G
XGQ0.959?5.<-D9<:P-;;9=7;1:90F?9;;>6039G
TGQ0B03-50<>90>;9P:1:90F>6039:46-;9.<-D-3=G
,GQ047<3 >90>;97=7-3:51:-3=>6039:46-;9.<-D-3=G
&*GW04.09:569.959?50<0F569<07.:-.9:/:59B40<2'
LGJ5B97:1<9:569;93=56 0F569>6039G XGJ547<3:.<-D9<:4-56 7>6039-3 673.G
TGJ5>-?2:1> <7.-047D9:F<0B673.:95:G ,GJ57?5-D759:569D96-?;9P:X;1950056 :/:59BG
&+GS675.09:56959E5:1==9:5.<-D9<:.04-56 569<07. 47<3-3=:-=3'
LGK4-F550X;1950056 46-;9.<-D-3=G XGW7D97?;0:9475?6 0F<07. :-=3:G
TGLD0-. 89-3=>-?29. 1> 8/.959?50<:G ,GK50> 1:-3=7673.:F<99B08-;9>6039G
'%GS6754-;;569?0135/?013?-;><0878;/.0-3 569F151<9'
LGK67<9569.9D-?9:4-56 569>0;-?9G XGI729569:/:59BB0<97.D73?9.G
TGN9>;7?9569>0;-?94-56 569394:/:59BG ,GQ729:59>:50:955;9<07. :7F95/><08;9B:G
.@9!4 " >1%?>1 ' 3":3 %$ 3#
|}pq~%@pq;DFGAFHeDIJFG$ FGA90>;9:1FF90-:03-3=9D993. .7/:0<4992:5<7?2-3=-5::01>;-?75-03 0F78+*9*'.#$ " 234# 59?630;0=/-:89=-33-3=50:0;D95695<7?2-3=><08;9BGL
?0357B-3759. -59B?73 89<9B0D9. -BB9.-759;/-3:597. 0F47:5-3=935-<9375-037;:50?2:0F569-59BGK9?03.% 93673?9.
F00. >7?27=-3=-:><0D-.-3=39447/:50.959<0>9<59B>9<751<9:73. 469569<569/
B-=6567D989=13 50:>0-;G
X;0?2?67-3 -:73 7??0135-3=:/:59B-3 46-?6 935<-9:7<9<9?0<.9. -3 B1;5->;9-.935-?7;*8002:+ :50<9. 03 ?0B>159<:
-3 B1;5->;9;0?75-03:G!'&! S-56 56-::/:59B% -5-:9E5<9B9;/.-FF-?1;55057B>9<4-56 "56# 569<9?0<.9. 7??0135:GX/
?0B8-3-3==<049<:% .-:5<-8150<:73. :9;;9<:03 7?0BB03 8;0?2?67-3% -57;:0?<9759:7<9;-78;9<9?0<. 0F7=-D93 F00.P:>756
56<01=6 56993.5093. :1>>;/?67-3G!''! W049D9<% 56-:401;. 67D957293 .7/:4-56 569:573.7<. B-E0F4<-5593 73.
.-=-57;<9?0<.:GL8;0?2?67-387:9. ?;01. >;75F09. F0<569F00. -3.1:5;0/9.
8/B7Z07?27=967:8993 0>939. 73. -3.-?7594693 569F-37;5-B967:?0B95056<04747/569F00.G!'$!H569<:?673=9?0;0<-F
7><0.1?567:8993 9E>0:9. 50780D9<9?0BB93.9. 59B>9<751<9:G
LGL.D73?9. 59?630;0=-9::7D9B73/;-D9:G
XGQ690<-=-3 0FF00. ?73 895<7?9. -3 :9?03.:G
TGQ6-:?<9759:6-=6;/5<1:59. 81:-39::<9?0<.:G
,GI73/F00.81:-39::=-735:67D9Z0-39. 569@00. Q<1:5G
CGK1?6 :93:0<:?73 <9.1?947:598/:604-3=56757F00. -::7F950975G
@GQ0=9569<7>7-<0F59?630;0=-9:?73 <9.1?98056 F00. 47:5973. F00. >0-:03-3=G
AGN9:9773-9:7<9.9D9;0>-3=93673?9. F00. >7?27=-3=4-56 :B7;;:93:0<:G
.I23$JKLM!489":3 F" 3#
.59!4 '$ >1%?>1 %G" 3":3 #$ 3#
_`56pq%@pq;i?BCD L&X&T^ ,r=FGA%FHeDIJFG$
K60<5;/7F59975-3=69<80<-3=40<.:( *U97<3 50!'"!%
73. .00<:4-;;0>93 F0-3=47:7"3#!'+!*LB9<-?73 :2-;;+GQ675B9735-547:1> 50B9% 69<
!"#$%&'()*+,-!./"E#!1 R"""" 2"3 " 2#
LB9<-?7380<3 ?6-;.% 50;97<3 505/>9GQ693 75/>94<-59<7>>97<9. F09%+ J!(%! <9B-3.9. 6915B/37B903 569!('! 0F569-3:5-5159:5/>-3=;9::03:G
CD9<0=<9::9.%
I0B89=73 50:604B97?0B>;959;/!("! :-.9GQ691:17;;/B-;.B7339<9. 40B73 ?673=9. -3507!()! 7<7?5-?90D9<73. 0D9<% 73. JPB:1<99D93 B/5/>94<-59<47:89==-3=F0GK69:5759. 69-3=?73>93.00<:40<.:%
73. J401;. Z1:5?035-319!$#!GS693 JF-37;;/?0B>;959. 569?01<:9% :604-3=569!$&!50B/B0569<% I0B?<-9.G
I0B47:<-=65GI73/!$'! .-. 0>93 F09757/013=7=9GJ547:I0B 460!$$!B956<01=6 039.00<:0F151<9.00<:?01;. 0>93GQ6750;. 73. F7.9.
?9<5-F-?759-:Z1:57:B1?6 69<:7:-5-:B-39G
'"GLG4<-59!!!!! XG.<-D9!!!! TG.<74!!!!! ,G5/>9
')GLG7=<99!!!!! XG<9:>03.!! TG:57<5!!!!! ,G:67<9
'*GLG501?6!!!!! XG<97?6!!!! TG.0185!!!!! ,GD-94
'+GLG9::935-7;!!! XG.-FF-?1;5!! TG?03D93-935!!! ,G97:/
(%GLG97=9<;/!!!!! XG1<=935;/!! TG=935;/!!!!! ,G=<759F1;;/
(#GLG?673=9!!!!! XG><9>7<9!! TG?600:9!!!!! ,G97<3
(&GLGB00.!!!!! XG.99.!!!! TG40<.!!!!! ,GB-3.
('GLG?7<.!!!!! XG3059!!!! TG87:-:!!!!! ,G;-:5
((GLG9E>;7-39.!!! XG<9>0<59.!! TG7>>97;9.!!! ,G;-:5939.
($GLG697.!!!!! XG9/9:!!!! TGF-3=9<:!!!!! ,GB0156
("GLG.-FF9<935!!! XG3097<.03!!!!! XGB9!!!!! ,G7.D-?9
(+GLG:;9>5!!!!! XG<9F1:9.!! TG<9=<9559.!!! ,G:5<1==;9.
$%GLGB1?6><7?5-?9.! XG49;;23043!! TG49;;40<3!!! ,GB1?6.9:9;7-3-3=!!! XG8;7B-3=!! TG><7?5-?-3=!!! ,G473.9<-3=
$&GLG7>>;-?75-03!!! XG305-?9!!!! TG><9:935!!! ,G?9<5-F-?759
$'GLG403.9<:!!! XG.00<:!!!! TG7??0135:!!! ,G:-5175-03:
$(GLG<9;-9. 03!!! XG-3:-:59. 03!! TG40<<-9. 78015! ,G403.9<9. 78015
$$GLG>1:69.!!!!! XG;9F5!!!! TG.<0>>9.!!! ,G?15
."-!N/0123"4 "" 3#
.@9!4 %$ >1%?>1 %G" 3":3 %" 3#
_`56lm%MeD~"# =#c~D$
Q69<9-:7=<04-3=-359<9:5-3 <0?2 ?;-B8-3=GN9?935;/569<9!$" ! " 89# 73 -B><0D9B935-3 59?630;0=/73.
59?63-R19:50>90<5-:=955-3=B0<9!$)! "755<7?5# 50B73/>90>;9GL;5601=6 <0?2 ?;-B8-3=-3D0;D9:
<-:2:73. >6/:-?7;?67;;93=9:% >90>;9:5-;;67D9:9D9<7;<97:03:505729-51>G
K0B9-3.-D-.17;:F99;5675<0?2 ?;-B8-3=?73 39D9<89?0B980<-3=GQ6-:-:89?71:9/01 67D9D7<-01:>;7?9:50=0
?;-B8-3=G!$* ! " 7..-5-03#% 569<97<9:9D9<7;?67;;93=-3=<0159:50?;-B8GJF/01 7<980<9. !$+ ! 47;;:75/01<
;0?75-03% /01 B7/D-:-59;:9469<9!"%!"9E>9<-93?9# 056990>;94693 569/=06-=6 1> 03 47;;:GS693 569/>1:6 569B:9;D9:89/03. 569
9E>9?59. ;-B-5:% 569/=95!"#! :93:90F7??0B>;-:6B935GI73/>90>;9F99;5675<0?2 ?;-B8-3=7;:0=-D9:569B7F99;-3=
0F!"&!"F<99#% 7:569/?73 =0469<9D9<569/4735G
Q69<97<9B73/-3.-D-.17;:4607;:05729<0?2 ?;-B8-3=7:7>6/:-?7;?67;;93=9!"' !569/7;47/:B0D91> 569
;9D9;:GLF59<9D-01:;/7?6-9D9. !"$! "=07;#GJ57;;.9>93.:03 569-<>6/:-?7;F-539::73. :2-;;;9D9;:G
!"#$%&'()*+,-!./"E#!1 S"""" 2"3 " 2#
.O23$PQ!489":3 F$ 3#
.59$RMSPQ!:3 %" 3#
T%7gM.©0BA8)9%:;<=>v?BM@ABCD%TEFG«À$ «|
}56D¬jHó%ÿ./¬0ȵI$ ~´(#G°·=J÷K)&GLFD0MNO)'GPQ ¤ÿ$
º»(#G¼ *% ½¾)&G¿ÀÁÂ%ÃÄqÅÆ)'G%&RST/
T¬'$
,9702930C3=;-:6G
H3 B/8-<56.7/% 5695400F1:49<9697.-3=50569?61;75F0>9. -3:-.973. 569.00<:?;0:9. -3:5735;/GJ51<39. <013. 815:74B/F7569<47::5-;;03
569>;75F05/% J<73=569>0;-?973. 7:29. 569BF0<69;>GS9:970;-?99D9-57;:% 8153056-3=7=7-3GJ547:?0;. 73. J67. 30-.97469<96947::;99>-3=GL:6967. 03;/&% >013.:03 6-B73.
308732 ?7<.:% J2394B/F75697::9.GS-56 56969;> 0FF<-93.:% 49;0029. 7;;0D9<5697<97% .<-D-3=7<013. 73. 03 F005G
^94:>7>9<:>18;-:69. >6050:0F6-B73. <73 7>>97;:F0<-3F05-B-:5-?% 73. 56753-=65B/<9;75-D9:73. F<-93.:=7569<9. 50><7/G
º»(#GBù¬pqD¼P
#$% ½¾)&GPÃÿ $ =!pqAL<5"#D]$/)'Gù¬é
k7%:7D%&/
T¬')(Gù¬Sð;%«ÿ5"#LHTBÃÿD]$/$
D;0;E0;H:%(
:$) &'"$ ;"-"*"#<") . *.88/-+(&'"=+8#*">&.&#+$ #$ ?+$)+$0 !
!
!
!
!
D;0;E0;H:'(
4"'.) &+;.89+$ &'">&-""&&+9""=;.-(&'"/#->&&;+$#%'&>0 !
!
!
!
!
!"#$%&'()*+,-!./"r#!1 #!!!! 2"3 " 2#
!"#$%&'()*+,-
!!"!&" !"#$!#='#
()*+,!*"-."#/,"*"0-."#12+$ 3+ #$% +%4)56 #&% +7
.!-!/0123"4 !" 3#
.523$67!489":3 #$ 3#
.59$;<=!4 " >1"?>1 %G" 3":3 &G" 3#
456 $ 789$ :789;<0=>?%@?ABCD L&X&TE=FGAFHIJFG%KLMN-DO
PQR$ 4S:789;%TU< #% VWDXYZ[<]>?^_`50>?$ :789a`0b$
#GW044-;;569B73 =95505697-<>0<5'
LGX/13.9<=<013.G!!! XGX/57E-G!!!!!! TGX/81:G
&GS675.-. 56940B73 81/F06039G! XGL?0B>15990>;9015:-.9G
TGX9?71:9694735:9301=6 :>7?9F090>;9G
$GS675?73 49;97<3 F<0B569?03D9<:75-03'
LGQ6940B73 67:B-::9. 69<81:G
XGQ6940B73 -:0F593 ;759F0<:?600;G
TGM<0878;/56940B73 403P589;759G
.@9$A<=BCD!4 %" >1"?>1 %G" 3":3 ''G" 3#
456 $ 789cde$ :789cde;?%@?ABCD L&X&TE=FGAFHIJFG%K
LMN-DOPQR$ 4:789cdeg%Th< $ VWDXY_`i=>?)4S;%i>?hCH $ VWD
jXY$ :789cde`kb$
41 " 7lm%[1 "&) ?$
"GS6/.09:569B73 47357B08-;9>6039'
LGQ0299> -3 501?6 4-56 6-:F<-93.:G XGQ01:9-575:?600;G TGQ0=9569;> -3 73 9B9<=93?/G
)GW044-;;569B73 ><0878;/F99;'
LGM1VV;9.G! XG,-:7>>0-359.G!! TGK75-:F-9.G
41 ) 7lm%[1 * n #% ?$
*GS675-:5697.D7357=90F569?;973-3=><0.1?5:<9?0BB93.9. 8/56940B73'
LGQ69/P<997:-9<50=95G
XGQ69/:B9;;3-?9G
TGQ69/.0306790>;90<3751<9G
+GS675.09:56940B73 <9?0BB93. F0 73. :7;5G
#%GS69<97<9569:>9729<:'
LGJ3 569B73P:601:9G XGJ3 7:1>9>939.'
LGL5+(($G!!!!!! XGL5+($(G!!!!!! TGL5((($G
#'GS600<467547:508;7B9F0<5697??-.935'
LGQ69?7<.<-D9>0-359.G! XGK69F9;57B1:9.G!!! TGK69F9;560<<-F-9.G
41 #% 7lm%[1 #) n &% ?$
#)GS60B-=65569:>9729<89'
LGL47-590<5990>;993Z0/'
LGQ69;759:5F7:6-03:G! XGQ697-9729<.-:;-29'
LGW7D-3=50.97;4-56 [8990>;9-3 ^94_0<2 73. U0:L3=9;9:67D9-3 ?0BB03'
LGT0BF0<578;949756918;-?5<73:>0<575-03G TGC75-3=015F01%?>1 'G" 3":3 '" 3#
_`5opq%@:?BCD L&X&T^ ,r=FGA%FHIJFG$
(
Q69<97<903;/54047/:50;-D9/01<;-F9GH39-:7:5601=6 3056-3=-:7B-<7?;9GQ690569<-:7:5601=6 9D9 .9815"UVWO#% F9751<-3=7'% R17<5995-5-D9-359<375-037;.9815-3 R17;-F-?75-03 F0-03:,93B7<2 '% -3 569=<01> :57=9GK-3?95693% T<075-767D903;/540
F7-;9. R17;-F-?75-03 ?7B>7-=3:F09<-0.GQ69/67D9897593
A97-3 75B7Z0-03:6->:56-:?9351 F0 .-.3P5:013. :60?2-3=-3 5675
?0359E5G^056-3=-:7B-<7?;9G
X1560;. 03GM<-0<50S0<;. S77<50FL1:5<0W13=7<-73 9B>-<9% 46-?6 @,CC;H748935-<9;/-3 569
7F5993.93?9% 7.9?;7<75-03 56755002 9FF9?5-3 H?5089;9P:L5-3=50<9?;7-B-5F-<:5-3 F1;;% 5693 ;7559<;/-3 >7<5GQ6947<;7:59.
135-;T<075-73 B-;-5790>;967. .-9. 73. 613.<9.:0F5601:73.:0F
>90>;967. 89?0B9<9F1=99:G^04T<075-767:F017-3GL;;0F569:9?0135<-9:67D975;97:5(% B-;;-03
>90>;9GCD9'
LGX9?71:9T<075-7-:7:5<03=?0135>0393547:9E5<9B9;/4972G!!
,GX9?71:9569597B67. .9F9759. :0B9?0B>95-5-D9597B:G
!"#$%&'()*+,-!./"r#!1 '!!!! 2"3 " 2#
&&GS6-?6 40<. ?73 <9>;7?956913.9<;-39. 40<. *@,CC;H748+-3 M7<7=<7>6 Q6<99'
LGX<0291>! XG[3-59. TG@9;;.043! ,GU7/.043
&'GS675-:569715601<>0:9-3 4<-5-3=56959E5'
LGQ0:67<95697?6-9D9B935:0F569T<075-73 F00587;;597BG
XGQ0?03D9/569715607<9569T<075-73 F00587;;597B4-56 0569<:G
)
J3 7?;7::<00B-3 K901;% 7?<04. 0F59937=9<::-50D9<569-<.9:2:GJ3 5057;:-;93?9% 569/7<9<9D-94-3=7>7:59E7B
>7>9BGU-295601:73.:0FK0156 O0<973:% 569/7<9><9>7<-3=F0<569
T0;;9=9K?60;7:5-?L8-;-5/Q9:5% 46-?6 4-;;B7-3;/.9591>-;:460
=<7.1759F<0B569?0135 F<0B') a -3 &%%%GK0156 O0<97-:73
9E5<9B9?7:9GX15056990>;94-56 .9=<99:GJ3 LB9<-?7% 569
F-=1<9-:(*aG
M0;-?/B729<:<9=7<. -57:08D-01:5675:93.-3=B0<9/013=>90>;95013-D9<:-5/4-;;800:59?030B-?=<0456 73. :0?-7;
:578-;-5/GX056 ?03?9>5:7<9-351-5-D9;/7>>97;-3=GX9559<9.1?759. >90>;9:601;. :1<9;/89B0<9;-29;/50?0B91> 4-56
><0.1?5-D-5/800:5-3=-330D75-03:GL:59?630;0=-?7;?673=9B729:394.9B73.:0F40<29<:% -5:99B:<97:0378;95675B0<94-;;
399. 508949;;9.1?759.GL3. 7.9=<99-:73 08D-01:47/F0<8<-=65/013=:59<:F<0B>00<0D9569-<78-;-5-9:G
W049D9<% L3.<97:K?6;9-?69<% 569697. 0F9.1?75-03 <9:970;-:9"XY# 6-=69<9.1?75-03% 69:7/:% -:7
><08;9B89?71:913-D9<:-5-9:.03P5:1-57;;2-3.:0F;97<39<:GO-BW/73=K12% 7<9?<1-59<-3 K0156 O0<97% :7/:567567;F
5697>>;-?735:F09?-F-9.GK697..:5675:69401;. ><9F9<:?600;;97D9<:4-56 9E>9<-93?950-39E>9<-93?9. =<7.1759:460B:694-;;67D950
5<7-3G
&(GS675P:569F13?5-03 0FM7<7=<7>6 H39'
LGQ07<01:9<97.9<:P-359<9:5G! XGQ0-35<0.1?956950>-?G
TGQ0.9:?<-897<97;-:5-?>6930B9303G! ,GQ0.<74569-359<375-037;755935-03G
&$GS675?73 89-3F9<<9. F<0BM7<7GQ4073. M7<7GQ6<99'
LGK51.935:-3 K0156 O0<977<9B0<92993 03 :51./G
XGQ69<97<9B0<9/013=>90>;94-56 .9=<99:-3 LB9<-?75673 -3 K0156 O0<97G
TGM0;-?/B729<:89;-9D9>90>;94-56 .9=<99:7<9B0<9;-29;/50B729?035<-815-03:509?030B/G
,GA0-3=5013-D9<:-5/-:56989:547/F0<8<-=65/013=:59<:F<0B>00<0D9569-<78-;-5-9:G
&"GS675.09:O-BW/73=K12 7.D-:9-3 569;7:5>7<7=<7>6'
LGA0-3=5013-D9<:-5/-:1:9;9::G!!
XGK2-;;:7<9B0<939?9::79<-93?9>;7/:73 -B>0<5735<0;9-3 Z08 6135-3=G!!
,GL:9?03.77::7=9'
LGK18Z9?5-D9! XGH8Z9?5-D9 TGLB8-=101:! ,GK79. 7:B7<5578;95933-:578;9% >049<9. >1<9;/8/569
8013?90F56987;;% 50><0D-.9<97;5-B9.757507::-:55<7-3-3=G
J3 <9?935/97<:% .757737;/:-:-3?;1.-3=9E990<5:
507::-:5756;959:73. <9F9<99:GN97;5-B9.757?0;;9?5-03 <9;-9:03 :93:0<:"Z[# 56757<91:17;;/>049<9. 8/?03D935-037;
939<=/:50<7=9.9D-?9::1?6 7:87559<-9:G,195087559<-9:P;-B-59. ;-F95-B9% 6-=6 <9>;7?9B935?0:5:73. 93D-<03B9357;-::19:%
!"#$%&'()*+,-!./"r#!1 (!!!! 2"3 " 2#
:?-935-:5:67D98993 5 :1:57-378;973. B7-359373?9F<99:93:0<59?630;0=/G
J3 &%#&% 75<-809;9?5<-?3730=939<750<" QC^A# 47:.9D9;0>9. 7:7394>049<=939<75-03 59?630;0=/50?673=9
D7<-01:B9?673-?7;939<=/F<0B 569;-D-3=93D-<03B935-3509;9?5<-?-5/% 87:9. 03 569?01>;-3=8954993 5695<-809;9?5<-?
9FF9?573. 9;9?5<0:575-?-3.1?5-03GT1<<935;/% :/35695-?>0;/B9<:7<9B7Z00;;15-03G
J3 569394:51./% <9:97049<9.
:93:-3=-3 756;95-?.757737;/:-:GQ69/.9D9;0>9. 7:-B>;97>><07?6 50><0?9::-3=3751<7;400. 50-3?<97:9-5:B9?673-?7;
73. 5<-809;9?5<-?><0>9<5-9:% 73. B7.9F;9E-8;9% .1<78;973. 6-=6>918;-:69. -3 569Z01<37;^751<9T0BB13-?75-03:% 569<9:977?50F56987;;-:67049<73 737;/:-::/:59BGQ69:/:59B ?73
?0;;9?5.75773. .-:>;7/<97;5-B9:575-:5-?:F0<-B>7?5>0:-5-03% :>99. 73. B05-03>756 5<7?-3=507::-:5756;959:-3 5<7-3-3=G
Q69-B>7?50F56987;;-:7;:01:9. 50>049<9.=9:93:0<:5069;> <9F9<99:G
Q69<9:9793 1> 394F00;/B9<:'
LGU-B-59. ;-F95-B9G! XGW-=6 ?0:5:G TGU7?2 0F<9:01049<9. :B7<5578;95933-:578;9'
LGM0:-5-D9! XG^9=75-D9 TGLB8-=101:! ,GJ3.-FF9<935
'%GS6-?6 ?73 8956989:55-5;90F56959E5'
LGN9:97 7:9;F>049<9. :B7<5578;95933-:578;9G
XGQ69.9D9;0>B9350F:9;F>049<9. :B7<5578;95933-:578;9-:501=6G
TGK?-93?9=<975;/:-B1;759:569.9D9;0>B9350F578;95933-:G
,GQ69:9;F>049<9. :B7<5578;95933-:578;9-:755<7?5-3=D7:5755935-03G
.@9!4 " >1%?>1 ' 3":3 %$ 3#
|}pq~%@pq;DFGAFHeDIJFG$ FGA.B.,047(04I,.6,,348
N9?935;/% :9D9<7;40<;. F7B01:.9>7<5B935:50<9:67D9733013?9. Z08 ?15:73. :50<9?;0:1<9:GS0<:9:5-;;% 5695<93.
;002:=;087;( 560:9<9>0<5-3=9-569<:7;9:.9?;-39:0<:50<9?;0:1<9:-3?;1.9I/9<73. I7?/P:GQ69?67;;93=9:7<9
31B9<01:% 815569.9?;-39-:305594JH40?4>@4K!'&! K0B9.9>7<5B935:50<9:.056-:89559<5673 0569<:GI7?/P::604<00B:-3 ^94]9<:9/% F0<
9E7B>;9% -3D-59?1:50B9<:5040<2 4-56 569:57FF5081-;. 7',?0>/0F569-<043 ;-D-3=<00BGQ6939E5:59> -:50B729
9E>9<-93?95<73:F0?.7<5B935::50<9:7<9B0<9;-29;/50:1??99. -F569/81-;. 7?0BB13-5/7<013. 569B:9;D9:G
I7Z0<7<59E6-8-5-03:7<90390>5-03G! '' ! A7;9<-9:U7F7/9559-:=00. 751:-3=@7?98002 5067D9.-7;0=19:4-56
?1:50B9<:G
!'(! Q69;03=9<:0B9039:57/:-3 7:50<9% 569B0<9;-29;/69-:50B7297>1>-3=4-56 F<-93.:73. F7B-;/% :1?6 7:?<7F5578;9:F0?L=4KJ330D75-D9<957-;9<:0FF9<*03;/7556-::50<9+ 9E>9<-93?9GQ69?03?9>5:50<967:9B9<=9. -3 <9?935/97<:(
.9>7<5B935:50<9D7<-95/% 81503 7:B7;;9<:?7;9GI73/7<9:993 7:.9:5-375-03 :50<9:G!'$!
LG,9>7<5B935:50<9:7<97;:081-;.-3=D-<517;?0BB13-5-9:7<013. 5698<73.G
XG@0<-3:573?9% Q93067-3 Q02/0F9751<9:7?040<2-3=?7F973. 7><-D759B995-3=<00BG
TGC3?01<7=9:0?-7;-V-3=G
,GQ69460;90F<957-;:6-F59. F<0B7>1<9;/5<73:7?5-037;F0?1:5047<.:=-D-3=?1:50B9<:9E>9<-93?9:G
CG,9D9;0> 78<73. 4-56 7>1<>0:9G
@GW9<97<9F01<47/:F0<.9>7<5B935:50<9:5093:1<973 0>5-B-:5-?F151<9G
AG,9>7<5B935:50<9:=<7.17;;/-=30<9569<0;99E>9<-93?9>;7/:-3 :9;;-3=G
!"#$%&'()*+,-!./"r#!1 $!!!! 2"3 " 2#
.I23$JKLM!489":3 F" 3#
.59!4 '$ >1%?>1 %G" 3":3 #$ 3#
_`56pq%@pq;i?BCD L&X&T^ ,r=FGA%FHeDIJFG$
,-<9. 1:B0<95673 69<><0F013. :51.-9:03 ?6-B>73V99:G
S693 :6947:7;-55;9=-<;% ]7391:9. 50!'"! 7:7B73% 89?71:9:6947359. 50.056-3=:567540B93 .-.3P5.05693
:1?6 7:5<7D9;;-3=50!')! 73. ;-D-3=4-56 4-;. 73-B7;:GW049D9<% -547:03;/]739P:B0569<460!'*! 69<.<97BG*
_01P;;67D95040<2 67<.% 57297.D7357=90F!'+! 73. 39D9<=-D91>%+ :69!(%! 59;;]739G
]739?01;.3P5!(#! 50=05013-D9<:-5/% :0:69=057:9?<957<-7;Z08 -3 U03.03GH>>0<513-5/?7B94-56 7;95597;90350;0=-:5,-5969<;7?2 0F7?7.9B-?R17;-F-?75-03G!($!%
]73967. <97. 9D9<9::?03F9<93?9:73. =-D957;2:-3 LB9<-?7GQ69B9.-7><0.1?9. :0B9<756967:-V-3=]739P:
8;03. 67-<73. <9F9<<-3=5069<;9=:GK0B9:?-935-:5:.-:?<9.-59. ]739P:!(*!03 ?6-B>73V99:89?71:90F56-:GX155675
.-. 305!(+!]739:0;03=7::69=05569F13.-3=50<951<3 50A0B8973. ?035-31969<40<2G]73967. 39D9<47359. 5089
7:?-935-:5) -3:597.% :69!$%!47359. 508973751<7;-:5GLF59<56-:% ]73989?7B95699-=656 >9<:03 F0<7M6,!$#!7
XL-3 T7B8<-.=9[3-D9<:-5/G
]739<97;-V9. 69<.<97B-3 7:?-935-F-?40<;. !$&! .0B-3759. 8/B93G,1<-3=569><0?9::% :69:-B>;/29>5-3 B-3.
7U75-3 !$'!( 0394-3=-:B7;973. 0394-3=-:!$(!% 73. 03;/4693 5694-3=:7<9!$$! :5<03=4-;;569-<5<-89F;/
6-=6GL3. 56-:% -3.99.% -:40<56 F-=65-3=F0><0D9.! XG7=<99. TG:1>>0<59.! ,G:5<1==;9.
'+GLG0>>0<513-5-9:! XGZ08: TG47/:! ,G7B8-5-03:
(%GLG?01;.! XG:601;. TGB1:5! ,G401;.
(#GLG>7/! XG?0:5 TG:>93.! ,G7FF0<.
(&GLGF0<9::9.! ,G:60?29.
($GLGL?517;;/! XGW049D9< TGQ69<9F0<9! ,G_95
("GLG.9D9;0>! XG-3?<97:9 TG:><97.! ,GF13.
()GLG:93:75-037;! XG-3:>-<-3= TGF13.7B9357;! ,G93?01<7=-3=
(*GLG08:9! XG-359<<1>5 TG805696<7:9! ,G:7/-3=
$(GLGF7B-;/! XGF9B7;9 TG40B93! ,GF<-93.:
$$GLG>7<5;/! XG03;/ TG9R17;;/! ,G460;;/
."-!N/0123"4 "" 3#
.@9!4 %$ >1%?>1 %G" 3":3 %" 3#
_`56lm%MeD~"# =#c~D$
J3 &%#"% 73 9;9>6735!$"!"37B9# K7B80.-9. 75L3=20<"]^_#% .<74-3=40<;.4-.9755935-03GW9<.9756 47:
8;7B9. !$)! 7?0B8-375-03 0F6975:5<02973. 9E671:5-03 F<0BF9<18;-:69. !$*!-3.9>56 ;002 75569.9?<97:-3=>0>1;75-03:0F569L:-73 9;9>6735% 305-3=5675
569:>9?-9:P>0>1;75-03 !$+! ".9?;-39# 8/$%a -3 Z1:556<99=939<75-03:G
!"%!"F0;;04# ><9::1<9F<0B73-B7;7?5-D-:5=<01>:% 569B737=9B93571560<-5/F0<569L3=206735<-.9:-3 97<;/&%&%G!"# !-:<9>0<59. 5675569#( 9;9>6735:!"& !
"?1<<935#75569>7<2 4-;;89<9;0?759. 50569397<8/X0:Q60B?0BB13-5/F0<9:5GI73/!"'!"0FF-?-7;# -3 J3.-7:7-.%!
*4947359;9>6735:50;-D9-3 569-<3751<7;:1<<013.-3=:G+ L??0<.-3=50L3=20<-:9% !"( ! B737=9:>7<2
7.B-::-03:% 569[^CKTH;-:59. :-59-:F7?-3=7.9?;-39-3 501<-:531B89<:G
S6-;9569<9P:30><9.-?5-3=4695696735<-.9:4-;;-B>7?5D-:-50<31B89<:% -5?0B9:75
75-B9!"$!B0<973. B0<95<7D9;9<:73. 501<-:B0<=73-V75-03:7<013. 56940<;. 67D9B0D9. 509;-B-375973-B7;<9;759.
755<7?5-03:G
.O23$PQ!489":3 F$ 3#
.59$RMSPQ!:3 %" 3#
T%T(h`%NabcDdej$ «Tÿ./¬0î%G«Nabc$ ~´(#Gò
óG«7D)&Gfghi)'GòjCQ$
º»(#G¼ *% ½¾)&G¿ÀÁÂ%ÃÄqÅÆ$
!
!
!
!
!
.@9$TUPQ!:3 '" 3#
_`56pq%|}Ç~¬0È "% ½¾D~ɸ$
,0/01 F99;:5<9::9. 7540<2' L<9?935:51./F013. 567503956-<. 0F40<29<:.9:?<-89569-<9::-03% B9B0<08;9B:73. 73 -378-;-5/50:;99>GX154675?71:9:-5'
U05:0F56-3=:% 7>>7<935;/G@0<9E7B>;9% :0B9039460F-3.:569-9?-7;;/-F
569/.03P5=9573/69;>GK-B-;7<;/% :0B903946040<2:50067<. F0<500B73/601<:?73 89?0B9:5<9::9.G@-3.-3=7Z08
80<-3=?73 7;:0?71:9:5<9::% 7:?73 40<2-3=-3 73 13F<-93.;/93D-<03B935.0GX159D99<:03 B73/F-3. 40<2-3="% 601<:74992 D9<9D935:5<9::' H3?97=7-3% ;05:0F56-3=:GQ69/?73 B729:1<95675569.9B73.:0F569
Z08 73. 569:2-;;:0F56940<29<:7<9B75?69.% 567556940<29<-:><0D-.9. 4-56 569<9:01<08;9B:7<9.-:?1::9.% 56759B>;0/99:7<9=-D93 5-B9578;9:56757;;04569B500<=73-V9569-<;-F9015:-.940<2% 73.
56759D903:-8-;-5-9:GL;:0% 56759B>;0/99:7<90FF9<9. <947<.:F0<=00. 40<2%
73. 5675569<97<90>>0<513-5-9:F0B935G
I0<9-B>0<5735;/% 4675?73 /01 .050<9.1?9:5<9::' U05:% 500- @0<7:57<5% /01 ?73 57;2 78015-5GJF/01PD9=057
><08;9B% F-3. :0B903950.-:?1::-54-56GA95B0D-3=93:1<9/01P<9=955-3=;05:0F9E9GS693 /01 ;7?2 :;99>% /01<78-;-5/50673.;9:5<9::-:?0B><0B-:9.G
C3:1<95675Z08:7<99D7;1759. ?7<9F1;;/89F0<97=<99-3=505729569B 03G,9D9;0> 569?7>7?-5/50B995?67;;93=9:4-56
61B0?'#
()*+,!*"-."#/,"*"0-."#12+$ 3+ #$% +%4)56 #&% +7
.!-!/0123"4 !" 3#
.523$67!489":3 #$ 3#
.59$;<=!4 " >1"?>1 %G" 3":3 &G" 3#
456 $ 789$ :789;<0=>?%@?ABCD L&X&TE=FGAFHIJFG%KLMN-DO
PQR$ 4S:789;%TU< #% VWDXYZ[<]>?^_`50>?$ :789a`0b$
#GS69<97<9569:>9729<:'
LGJ3 7F1<3-51<9:50<9G! XGJ3 7<9:571<735G TGJ3 75697599729<::>93. B0<95-B95673 9E>9?59.'
LGQ69F<9947/-:8;0?29.G XGQ69/7<903 5694<03=<07.G TGQ69/67D950=07<013. 781-;.-3=G
(GS675-:56940B73P:755-51.95047<.:5693946059;'
LGT1<-01:! XGL3=1"?>1 %G" 3":3 ''G" 3#
456 $ 789cde$ :789cde;?%@?ABCD L&X&TE=FGAFHIJFG%K
LMN-DOPQR$ 4:789cdeg%Th< $ VWDXY_`i=>?)4S;%i>?hCH $ VWD
jXY$ :789cde`kb$
41 " 7lm%[1 "&) ?$
"GS6757<9569:>9729<:57;2-3=78015'
LGL394?0B>159:9578015'
LGJ5::>99.G! XGJ5::B7;;B9B09<75-3=:/:59BG
41 ) 7lm%[1 *&+ ?$
*GS67547:56940B73 40<<-9. 78015'
LGW9<.71=659<0878;/5729>;7?9'
LGJ3 56960:>-57;G! XGJ3 5690FF-?9G TGJ3 569><-3?->7;P:0FF-?9G
41 * 7lm%[1 #% n #& ?$
#%GS604-;;>7/F0<569.-339<'
LGM6-;;->G! XGK1:73G TGT;71.-7G
##GS69<94-;;569:>9729<:67D9.-339<'
LGL5I7?,01=7;P:G! XGL5A-0D733-P:G TGL5K1;;-D73P:G
#&GW044-;;569:>9729<:=050569<9:571<735'
LGX/:1847/G! XGX/?7;7?9'
LGL5569B73P:60B9G! XGJ3 569:5<995G TGH3 56959;9>6039G
#(GS675-:569<9;75-03:6-> 8954993 569:>9729<:'
LGI0569<73. :03G! XGQ97?69<73. :51.935G TGW97.B7:59<73. 597?69<9::.9;-D918;-?81-;.-3=:G TGK0B9>;7?9:0F-359<9:5G
#*GS67547:K5G,13:573 -3 569>7:5'
LGL?611%?>1 'G" 3":3 '" 3#
_`5opq%@:?BCD L&X&T^ ,r=FGA%FHIJFG$
(
K0156 O0<973:7<9?9;98<75-3=7F59-?51<9-3 569+&
/97<6-:50 J359<395:97>-3=569-<673.:-3 ?9;98<75-03GI003 ;759<4<05903 Q4-559<567569-:><01. 0FX03=73. 0569<:-3D0;D9. -3
569F-;BGL;:0% 569K0156 O0<973 ;97.9<:7-. 6947:=<759F1;50569BF0<=-D-3=?01<7=973. ><-.95001<>90>;946049<9
0D9;/B973-3=F1;F093 569>756 F0B935GJ5P::1?6 7=<975603099?6;9::G+ L30569<:51.935% ]903=W0
?690;% ><7-:9. X03=F0<>;97:-3=8056 B0D-9?<-5-?:73. ?<04.:GW9:7-.% * W-:47/0F.97;-3=4-56 56913.9<:-.90F
O0<973 :0?-95/73. ><08;9B::1?6 7:<-?6>00<=7>:73. 56947/699E><9::9:560:9-::19:7<9D9<9::-D9G+
J5-:13?;97<4675-:39E5F07<7=<7>6:% M7<7:-59!!!!G
LG67:403 56<99L?7.9B/L47<.: XG<9?9-D9:=<975>0>1;7<-5/-3 56940<;.
TG-:569F-<:5303C3=;-:6;73=17=9F-;B ,G-:76-:50<-.950O0<973 >90>;9G
XGQ69F-;B-3.1:5 8954993 569<-?6 73. >00<4-;;8937<<049.G
,GJ54-;;8<-3=569:51.935:-3 _03:9-[3-D9<:-5/?;0:9<0878;/57293 F<0B!!!!G
LG7<9:977>9< XG7F-;B<9D-94
TG73 9359<57-3B935B7=7V-39 ,G75<7D9;8<0?61<9
!"#$%&'()*+,-!./"k#!1 '!!!! 2"3 " 2#
)
@;/-3=67::6<132 56940<;.- J5P:304>0::-8;9505<7D9;7<013. 569=;089R1-?2;/73. 97:-;/G]1B>-3=03 7>;73973.
Z955-3=0FF03 60;-.7/0<781:-39::5<-> -:5693090>;9572-3=50569:2-9:-:-3?<97:-3=GX1546-;97-<5<7D9;-:?0:5-3=1:;9::% 569?0:55056993D-<03B935-:=0-3=1>G
T;-B759?673=9-::0B956-3=49P<97;;747<90F304% 73. 7D-75-03"l#?0B>73-9:23045675:0B90F5698;7B9F0<
56-:-:89-3=>0-359. 75569BGU7:5/97;7?9% >7<5-?1;7<;/7:60<5.-:573?95<-> 5675?01;. 89B7.98/5<7-3%
59?630;0=/B-=658956973:49<50<9.1?-3=9B-::-03:"åm#73. B-3-B-V-3=56993D-<03B9357;.7B7=9G
N9?935.9D9;0>B935:67D9F0?1:9. 03 <9.1?-3=5697B01350FF0::-;F19;:7-<;-39<:81<3GI72-3=F;/-3==<993 73.
:1:57-378;947:56960550>-?75569<9?935,187-L-0::-8;/1:-3=8-0F19;50>049<7-<0=<7BB975
N0;;:N0/?9% :1==9:59. 56759;9?5<-?6/8<-. 93=-39:?01;. >;7/7>7<5F0<:B7;;9<7-0::-8-;-5/0F7?7<8033915<7;"nA^D#F;-=65F0<7;-B-59. <73=9G+
X9-3=?7<803 3915<7;-:569F-37;=07;F0<5697D-75-03 -3.1:5B935:49399. 50B729-3 0<.9<5093:1<97-<
5<7D9;-:7:=<993 7:>0::-8;9GX157D-75-03 9E>9<5:7=<99-5P:=0-3=5057295-B9GS9P<9;9F54-56 :60<559<059:5,0<89-3==<013.9. 73. 305F;/-3=757;;G
&(GS675P:569B7-3 -.970F569F-<:5>7<7=<7>6'
LGQ69>0:-5-D99FF9?5:0FF;/-3=G
XGQ69.-FF9<9350??7:-03:F0<572-3=7F;-=65G
TGQ69=<04-3=31B89<0F>90>;9572-3=>;739:G
,GQ69<-:-3=93D-<03B9357;?0:50FF;/-3=.9:>-59-5:8939F-5:G
&$GS6-?6 0F569F0;;04-3=-:7=00. 0>5-03 F0<7=<993 :60<5.-:573?97-<5<7D9;'
LGQ72-3=75<7-3G XGJ3?<97:-3=81.=957-<;-39:G
TG[:-3=F0::-;F19;:G ,GL.0>5-3=9;9?5<-?6/8<-. 93=-39:G
&"GS675-:569715607<5:G
Q69/F013. 5675-3 0D9<"% :51.-9:% B1:-??71:9. >7<5-?->735:50>1:6 569B:9;D9:F0<7;03=9<>9<-0. 0F5-B9% <9>0<5
;049<;9D9;:0F>6/:-?7;9FF0<5% 73. B7-357-3 78955993. 50
299> B0D-3=G
W049D9<% B1:-?P:>049<-:B0<99FF9?5-D9.1<-3=B0.9<759"oD#9E99<0D9/01<-B7:1:299> 5-B97:49B0D9GS961B73:67D973751<7;593.93?/50
:/3?6<03-V9"ÃêÕ# 0199.-9<<6/56B:?73 13?03:?-01:;/B729/01 <13 F7:59<
50B75?6 /01<>7?94-56 5698975GJ3 569:9:-5175-03:% B1:-?-3?<97:9:>9;9
87?2=<013. B1:-?G
HF?01<:9% 56-:-:3P55<19F0<9D99<:03GK0B9756;959:><9F9<50F0?1:03 569-<>7?973. >9 =95-3507F;04:5759G XGQ0-B><0D97:60<559 :59> 0150F569?0BF0<5V039G ,GQ0-3?<97:9569399.9. 7B01350FB9357;939<=/G
&*GS6/?01;.3P5B1:-?-3?<97:9569>9<0>95-037; TG1339?9::7<7?5-?7;
'%GS6-?6 0F569F0;;04-3=-:56989:55-5;9F0<56959E5'
LGQ40S7/:I1:-?K9:JB><0D9CE91%?>1 ' 3":3 %$ 3#
|}pq~%@pq;DFGAFHeDIJFG$ FGA<-3=8<972 :97:03 7>><07?69:% /01 73. /01<59937=9<><0878;/473550>;73 7=<975D7?75-03GK><-3=8<972 -:
0F593 Z1:5:60<59301=6 50B729B0:5.9:5-375-03:67<. 50=955073. 93Z0/% 815-5-:500;03=50=-D91> 5697.D9351<973.
:57/60B9G!'#!
_01<59937=9-3=5<-> 5675/01 >;73% 815/01 ?73 =95569BB0<9
9E?-59. 780155695<-> 8/-3D0;D-3=569B-3 569>;733-3=GJF/01<5993 F99;:;-29569-<0>-3-03 -:D7;19. 73. -B>0<5735% 569/
4-;;89F7 7<9% 5<975569B ;-297<9:>03:-8;9
7.1;5% 73. 569/7<9B0<9;-29;/5067D9=<975-3>15F0<5695<->G
L30569<=00. -.974693 >;733-3=7?7B>-3=5<-> 4-56 /01<5993 -:50F-3. 7?7B> :-595675-:7>0>1;7<.9:5-375-03G
_01<5993 4-;;67D9B0<9F13 -F569/67D95690>>0<513-5/50B729394F<-93.:.1<-3=569-<5<->G!''! L:2-3=/01<5993
50-3D-597F<-93. 7;03=03 /01-3=5<-> -:7;:07=00. 47/5093=7=9569BG
J5-:-B>0<573546-;9?7B>-3=4-56 /01<5993 50<9B9B89<5675% 7556-::57=9-3 569-<;-F9% 569/7<9:992-3=B0<9
-3.9>93.93?9,46-?6 -:67<. 507??0B>;-:6 46-;903 7F7B-;/D7?75-03G!'(!J5-:7=<975-.97508<-3=759357;03=F0<
/01<5993% 9:>9?-7;;/-F569/8<-3=7F<-93. 7;03=G_01 ?73 7;:07;;04569B 7?9<57-3 7B01350FF<99.0B 7<013. 569
?7B>:-5973. .1<-3=/01-3=4-56 /01<5993% 9:>9?-7;;/03 749;;>;7339. 73. 49;;9E9?159. 5<->% ?73 897=<975F7B-;/7.D9351<9G_01
4-;;67D973 9D93 B0<9F781;01:5-B9% 7:4-;;/01<5993% -F/01 5729569-;935/
0F7?5-D-5-9:% :57/81:/% 73. /01<59937=9<4-;;F0<=95507?5:1;;93 "p%#G!'$!
LGL:2 569B469<9569/401;. ;-2950=0G
XGT600:97.9:5-375-03 4-56 >;935/0F7?5-D-5-9:G
TGQ6-:/97<% =95/01<59937=9<-3D0;D9. -3 >;733-3=7?7B>-3=5<->G
,GA0-3=?7B>-3=4-56 ?;0:9F<-93.:-:><955/B1?6 56989:556-3=9D9% 9D93 4-56 569-<0D-.-3=569B4-56 7??0BB0.75-03:0F569-<043G
AGQ69/1:17;;/><9F9<569?0B>73/0F0569<2-.:0F569-<043 7=95056750F569-1%?>1 %G" 3":3 #$ 3#
_`56pq%@pq;i?BCD L&X&T^ ,r=FGA%FHeDIJFG$
L:59B>9<751<9:<97?69. +% .9=<99:-3 ^94_0<2 T-5/;7:5]1;/(56% 56<99>0;-?90FF-?9<:% U01-:K0Z0% C:73-./T19D7:
73. I-?679;N-D9<7% .1?29. -3507S60;9@00.:I7<29550=95:0B956-3=?0;. 50.<-32GH3?9-3:-.9% 569/49<9!'"! 8/
7:50<9:9?1<-5/=17<. 4607:29. F0<69;> 4-56 7:1:>9?59. !')!GQ6940B73 -3 R19:5-03 .-.3P567D9569;002 0F7`73
!'*! ?<-B-37;GK6947:08D-01:;/!'+!% 73. 699929. -3:-.969<87=G*L;;49:7447:?0357-39<:0F!(%!GS9.-.3P5:9973/56-3=9;:9%+ T19D7:
50;. TXK ^94_0<2G*JPB613=<-:03 F0<569?<-B90F89-3=613=00<-:9. :9?1<-5/=17<.G
Q69<967. 8993 30!($! 7B03=56956<99B93% 30399. 50:99469569<569/49<97;;-3GJ5493513:7-.G!("!%
569/>-?29. 1> 56940B73P:87=73. 7??0B>73-9. 69<507?7:6 <9=-:59<% 469<997?6 ?6->>9. -3 b #% 50>7/569578GK69
401;. 30589!()! 50.7/G
L;;56940B73 ?01;. .047:499> 4-56 !(*!GT0D9<-3=699759.% *Q6732 /01% 56732 /01G+ L?517;;/% :6947:3P556903;/039!(+! 8/56-:7?50F:/B>756/G*J547:7D9605003 Q4-559<955/.-FF-?1;57:
761B73 89-3=50!$$! :0B956-3=;-2956-:G+
'"GLG;9.!!!!!!!!! XG7330/9.!!!! TG=<9959.!!!!! ,G7>><07?69.
')GLG81<=;7;-F59<0F9::-037;!!! XG?0BB03!!!! TG-39E>9<-93?9.!!! ,G137<-:9.!!!!! XG9E?-59.!!!! TG:?7<9.!!!!!!! ,G?03F1:9.
(%GLGF00.!!!!!!! XGB039/!!!! TG.<-32:!!!!!!! ,G673.29;7-39.!!!!!!XG7..9.!!!!!! TG9E>;7-39.!!!!! ,G7.B-559.!!
(&GLG9E>9?59.!!!!! XG><0B-:9.!!!! TG.9?-.9.!!!!! ,G7559B>59.
('GLG.<97B:!!!!!! XG-.97:!!!!!! TG>;73:!!!!!!! ,G9E?1:9:
((GLG7:2 F07/F07-3!!!!!! TG7>><9?-75-03!!!! ,GZ0/
(+GLG755<7?59.!!!!! XG>;97:9.!!!! TG56<-;;9.!!!!! ,G501?69.
$%GLGB0B935!!!!!!! XGB9B00:59.!!!!!! TG.9D9;0>9.!!!!! ,GB7.9
$&GLG:0B95-B9:!!!!!!!XG39D9<9::9.!!!!! ,G.<-D93
$(GLGB-::!!!!!!! XG5<1:5!!!!!! TG399.!!!!!! ,G7.B-<9
$$GLG299> 73 9/903!!! XG=95<-. 0F!!!! TG>7/755935-03 50!!! ,G47;2 747/F<0B
."-!N/0123"4 "" 3#
.@9!4 %$ >1%?>1 %G" 3":3 %" 3#
_`56lm%MeD~"# =#c~D$
A-D93 D7<-01:9359<57-3B9350>5-03:73. 56947/49?03:1B9-3F07:5-B9GX157??0<.-3=507394A7;;1> >0;;" q»rs#% LB9<-?73:!$)! " 5729# B0<95<->:50569
;-8<70;;:17<5-?->759. -3 3-39
.-FF9<935;9-:1<9!$+! "7?5-D-5/#% -3?;1.-3=D-:-5-3=7;-8<70<5-3=9D935GU-8<7 7:569F7D0<-59% 4-56 560:9:103.935:" tu8v# !"# ! " 697.# 50569?-39B773 7D9<7=90F$G' 5-B9:
56<01=6015569/97;7?94-56 03;/%G+ D-:-5:G
Q6-:-:73 1>.759507&%%# >0;;% 46-?6 7;:067. ;-8<70>1;7<30473. 569?67339;:8/!"'! 49?03:1B9
-3F0<-:-3=569<9P:8993 30.-> -3 ;-8<7%
!"(! B1:91B:% ;-D9B1:-?9D935:% 73. !"$! "375-03# 0<6-:50<-?>7<2::747:B7;;-3?<97:9G
!"#$%&'()*+,-!./"k#!1 "!!!! 2"3 " 2#
.O23$PQ !489":3 F$ 3#
.59$RMSPQ!:3 %" 3#
T%T(.©)9 L;9E8A©Zwqxy[z{%|}TCæ~I0DF$ «TC
æ¬0îñ
%~´(#G')&G!XY&<)'GgEF$
º»(#G¼ *% ½¾)&G¿ÀÁÂ%ÃÄqÅÆ$
!
!
!
!
!
.@9$FWXP!:3 '" 3#
_`56pq%|}BC÷ÂøÄù¬% Ãúûð0=SüDýþ$
6,..?4M7N:;>17E?O?>E 6?>>40
,055-9569,7;B75-73 >1>>/239450.7/47::>9?-7;GQ693-?9601:9:69;-D9. -3 4-56 569]063:503 F7B-;/47::081:/-
J547:Q6732:=-D-3=% 73. 9D97>9<51<29/:75569?<7F5
578;9GQ69.00<89;;29>5<-3=-3=7:?01:-3:% =<73.>7<935:% 13?;9:% 73. 7135:7;;?7B950D-:-5G
L3. 5692-5?693- K1?6 7B7V-3=:B9;;:49<9?0B-3=F<0B5690D93- ,055-947:3057;;049. 5089-3 5692-5?693 50.7/G
I0B:7-. 5675:69401;. =95-3 56947/G,7. :7-. :69401;. ;-?2 9D9 ?;0:9GL3.% 0F?01<:9% :69401;. =-D9-57=00. ;-?2 -F:69?01;.-
Q69?6-;.<93 67. 8993 -3:5<1?59. 50299> 569.0=0150F56947/GQ69/.-.% 75F-<:5GQ69/>;7/9. @95?6 4-56 69<
F7D0<-5987;;GW049D9<% 03?9569-;7/-3=4-56 97?6 0569 69<>74::-;93503 569F;00;759F-;;9. 4-56 :;-?9:0F67BG,055-9Z1B>9. 1> 03 69<87?2 ;9=:73. :51?2 69<30:9-3 569
>;759GX9F0<9:6967. 7?673?950975-5% ,7. :74690559. >1>>/473.9<9. -350569.-3-3=<00BG^003947:569<9GQ69578;947::954-56 ?;973 .-:69:73. =;7::9:G
,055-9493513.9<569578;9GQ69578;9?;056 47::0;03=5675-5613=.043 50569=<013.GK69?1<;9. 1> 73. F9;;7:;99>G
J3 5692-5?693% I0B4->9. 69<673.:03 69<7><03GCD9;759:0F.9;-?-01:F00. -350569.-3-3=<00BGQ69<947:7;0550975- *X9F0<949=95:57<59.% 49:601;. 57297F7B-;/
>-?51<9%+ :1==9:59. I0BG,7. 7=<99.GQ69/49355059;;9D9605050=9569$+>";+9",=7"/+-">'")#)0 !
!
!
!
!
D;0;E0;H:'(
*2' (6%++)$">>%+ >.#) . G,#"&<+#*"0 !
!
!
!
! 
