0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+1((...

28
!"#$%&’ #’&) *" &’*+,-*& .+/#$&’ #’&) 0$&’&1*&) 23 45678 +1 *9& 0$&’&1*-*+"1 !!"# %&’()*# %+’,’, ’, ) -../ %+’,’,0 1()&& -)+(#+, %)2 %..& *"# 3&)2#*0 4 5)6 .7* .- *"# ()6"#( %)7,#/ 86 *"# ’2/7,*+’)& -../ ,6,*#(09 :9& $&.&$&1%&’ ;+’*&) 9&$& )" 1"* +1%;#)& -;; $&.&$&1%&’ #’&)< !",& ". *9& -$*+%;&’ ;+’*&) =&$& 0#2;+’9&) -.*&$ - .+$’* )$-.* ". >:9& %;+,-*& %$+’+’<<<<? =-’ $&;&-’&) "#$%&’( *#&$(’+ ,- &.,/01’ &20-3’ @! 6/$+%#;*#$& -1) A"$&’*$3 4$&&19"#’& 4-’ 71B&1*"$3 CDDEFGEEH I9-0*&$ JK A"$&’* I9-0*&$ HK L1&$/3 #’& +1 6/$+%#;*#$& 9**0KMM===<#’)-</"BM"%&M%;+,-*&N%9-1/&M6A4471B&1*"$3CDDENG EEH<9*, C 8-*+"1-; I",,#1+%-*+"1’ -1) 5&0"$*’ O&,"1’*$-*+1/ P$"/$&’’ #1)&$ *9& Q3"*" P$"*"%"; R6;; 8"1F611&S C %"#1*$+&’ T CHH $&0"$*’U 9**0KMM#1.%%%<+1*M1-*+"1-;N$&0"$*’M1"1F -11&SN+N1-*%",M+*&,’MGDVD<090 G 8-*+"1-; I",,#1+%-*+"1’ -1) 5&0"$*’ O&,"1’*$-*+1/ P$"/$&’’ #1)&$ *9& Q3"*" P$"*"%"; R6;; 611&S C %"#1*$+&’ T VD $&0"$*’U 9**0KMM#1.%%%<+1*M1-*+"1-;N$&0"$*’M-11&SN+N1-*%",M’#2,+**&)N1-* %",M+*&,’MWXGH<090 W Y"$;) Z-1[ 5&/+"1-; I;+,-*& I9-1/& !*$-*&/3< \-*+1 6,&$+%- -1) *9& I-$+22&-1 I;+,-*& I9-1/& 6’0&%*’ +1 6/$+%#;*#$& I"#1*$3 1"*&’ RCD 1"*&’U 9**0KMM=&2<="$;)2-1[<"$/MYZ!7:LML]:L586\MI^@8:57L!M\6 IL]:ME__%"1*&1*‘OQKGGEVVEDJa0-/&PQKCJXVWXa0+PQKCJXbWE a*9&!+*&PQKGHbHHJ_EE<9*,; J 6%*+"1 6+) A"")_ .-$,&$’ -1) .#&;K 2-;-1%+1/ /;"2-; /$-+1 -1) &1&$/3 0";+%+&’ =+*9 ’#’*-+1-2;& ;-1) #’& 9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+"&1&$/3F-1)F ’#’*-+1-2+;+*3M)&*-+;M&1M1&=’MbHbDM+%")&MJM H 6L6 L1&$/3 c L1B+$"1,&1* 5&B+&= ". +1)+$&%* &..&%*’ ". 2+".#&;’ F LB-;#-*+"1 ". *9& )$+B&$’ ". ;-1) #’& %9-1/& F 5&B+&= ". .#*#$& )&,-1) -1) ’#00;3 ". 2+".#&;’ *" GEGE -1) *9&+$ +,0-%* "1 4d4F&,+’’+"1’ 9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+"&1&$/3F-1)F ’#’*-+1-2+;+*3M)&*-+;M&1M1&=’MVHHXM+%")&MVM X 6;-1 d"0[+1’ -1) ‘-** \"2;&3 6 !%+&1*+.+% 5&B+&= ". *9& 7,0-%* ". @Q 5#,+1-1* \+B&’*"%[ "1 4$&&19"#’& 4-’ L,+’’+"1’ 9**0KMM%&1*$&’<&S&*&$<-%<#[M%$0$M0#2;+%-*+"1’M="$[+1/N0-0&$’<9*, V 6;-1 ‘%Q+11"1 d&$+"* Y-** @1+B&$’+*3 A-%*"$’ )$+B+1/ ."") ,+;&’ 611&S G *" :9& e-;+)+*3 ". A"") ‘+;&’ -’ -1 71)+%-*"$ ". !#’*-+1-2;& O&B&;"0,&1* 9**0’KMM’*-*+’*+%’<)&.$-</"B<#[M&’/M$&0"$*’M.""),+;&’M)&.-#;*<-’0 b 6;&S-1)$- ‘"$&; L%"’3’*&, !&$B+%&’ ". !"#*9&-’* 6’+-K ‘-f"$ :9$&-*’ -1) ^00"$*#1+*+&’ 9**0KMM===</;"2-;%-1"03<"$/M,-+1<090g,hCGC D 61 !cP HEE 8!A 71*&$1-*+"1-; !&%*"$ 5&0"$* I-$2"1 L,+’’+"1’ F ‘&-’#$+1/ *9& 5+’[’ 61 61-;3’+’ ". 4$&&19"#’& 4-’ L,+’’+"1’ -1) I"’*’ 9**0KMM===<1’.<"$/M2#’+1&’’M’#’*-+1-2+;+*3M’0N$&0"$*N$&i#&’*<-’0 g0$"/$-,h!#’*-+1-2+;+*3 CE 61)$& \&# T I9-+$,-1 ^$/-1+% A&)&$-*+"1 ". 6#’*$-;+- 7A^6‘ Y"$;) Z"-$) ‘&,2&$ ^$/-1+% !3’*&,’_ L1B+$"1,&1* -1) I;+,-*& I9-1/& R0$&’&1*-*+"1U ===<.1i$"%<i;)</"B<-#M-),+1M.+;&’M61)$&\&#<0).

Upload: ngothuan

Post on 02-Oct-2018

221 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: 0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+1(( !#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$ *#$3&)2#*0$4$5)6$.7*$.-$*#$()6 ...€¦ · ... (#’&)(0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+"1((!!"#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$

!"#$%&'(#'&)(*"(&'*+,-*&(.+/#$&'(#'&)(0$&'&1*&)(23(45678(+1(*9&(0$&'&1*-*+"1((!!"#$%&'()*#$%+',',$',$)$-../$%+',',0$1()&&$-)+(#+,$%)2$%..& $*"#$3&)2#*0$4$5)6$.7*$.-$*"#$()6"#($%)7,#/$86$*"#$'2/7,*+')&$-../$,6,*#(09

:9&($&.&$&1%&'(;+'*&)(9&$&()"(1"*(+1%;#)&(-;;($&.&$&1%&'(#'&)<(!",&(".(*9&(-$*+%;&'(;+'*&)(=&$&(0#2;+'9&)(-.*&$(-(.+$'*()$-.*(".(>:9&(%;+,-*&(%$+'+'<<<<?((=-'($&;&-'&)

"#$%&'()*#&$('+),-)&.,/01')&20-3'

@!(6/$+%#;*#$&(-1)(A"$&'*$3(4$&&19"#'&(4-'(71B&1*"$3(CDDEFGEEH(I9-0*&$(JK(A"$&'*(I9-0*&$(HK(L1&$/3(#'&(+1(6/$+%#;*#$&(

9**0KMM===<#')-</"BM"%&M%;+,-*&N%9-1/&M6A4471B&1*"$3CDDENGEEH<9*,

C 8-*+"1-;(I",,#1+%-*+"1'(-1)(5&0"$*'(O&,"1'*$-*+1/(P$"/$&''(#1)&$(*9&(Q3"*"(P$"*"%";(R6;;(8"1F611&S(C(%"#1*$+&'(T(CHH($&0"$*'U

9**0KMM#1.%%%<+1*M1-*+"1-;N$&0"$*'M1"1F-11&SN+N1-*%",M+*&,'MGDVD<090

G 8-*+"1-;(I",,#1+%-*+"1'(-1)(5&0"$*'(O&,"1'*$-*+1/(P$"/$&''(#1)&$(*9&(Q3"*"(P$"*"%";(R6;;(611&S(C(%"#1*$+&'(T(VD($&0"$*'U

9**0KMM#1.%%%<+1*M1-*+"1-;N$&0"$*'M-11&SN+N1-*%",M'#2,+**&)N1-*%",M+*&,'MWXGH<090

W (((Y"$;)(Z-1[(5&/+"1-;(I;+,-*&(I9-1/&(!*$-*&/3<(\-*+1(6,&$+%-(-1)(*9&(I-$+22&-1

I;+,-*&(I9-1/&(6'0&%*'(+1(6/$+%#;*#$&I"#1*$3(1"*&'(RCD(1"*&'U

9**0KMM=&2<="$;)2-1[<"$/MYZ!7:LML]:L586\MI^@8:57L!M\6IL]:ME__%"1*&1*`OQKGGEVVEDJa0-/&PQKCJXVWXa0+PQKCJXbWEa*9&!+*&PQKGHbHHJ_EE<9*,;

J 6%*+"1(6+) A"")_(.-$,&$'(-1)(.#&;K(2-;-1%+1/(/;"2-;(/$-+1(-1)(&1&$/3(0";+%+&'(=+*9('#'*-+1-2;&(;-1)(#'&

9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+"&1&$/3F-1)F'#'*-+1-2+;+*3M)&*-+;M&1M1&='MbHbDM+%")&MJM

H 6L6(L1&$/3(c(L1B+$"1,&1* 5&B+&=(".(+1)+$&%*(&..&%*'(".(2+".#&;'(F(LB-;#-*+"1(".(*9&()$+B&$'(".(;-1)(#'&(%9-1/&(F(5&B+&=(".(.#*#$&()&,-1)(-1)('#00;3(".(2+".#&;'(*"(GEGE(-1)(*9&+$(+,0-%*("1(4d4F&,+''+"1'

9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+"&1&$/3F-1)F'#'*-+1-2+;+*3M)&*-+;M&1M1&='MVHHXM+%")&MVM

X 6;-1(d"0[+1'(-1)(`-**(\"2;&3 6(!%+&1*+.+%(5&B+&=(".(*9&(7,0-%*(".(@Q(5#,+1-1*(\+B&'*"%[("1(4$&&19"#'&(4-'(L,+''+"1'

9**0KMM%&1*$&'<&S&*&$<-%<#[M%$0$M0#2;+%-*+"1'M="$[+1/N0-0&$'<9*,

V 6;-1(`%Q+11"1(d&$+"*(Y-**(@1+B&$'+*3(

A-%*"$'()$+B+1/(."")(,+;&'611&S(G(*"(:9&(e-;+)+*3(".(A"")(`+;&'(-'(-1(71)+%-*"$(".(!#'*-+1-2;&(O&B&;"0,&1*(

9**0'KMM'*-*+'*+%'<)&.$-</"B<#[M&'/M$&0"$*'M.""),+;&'M)&.-#;*<-'0

b 6;&S-1)$-(`"$&; L%"'3'*&,(!&$B+%&'(".(!"#*9&-'*(6'+-K(`-f"$(:9$&-*'(-1)(^00"$*#1+*+&'(

9**0KMM===</;"2-;%-1"03<"$/M,-+1<090g,hCGC

D 61(!cP(HEE(8!A(71*&$1-*+"1-;(!&%*"$(5&0"$* I-$2"1(L,+''+"1'(F(`&-'#$+1/(*9&(5+'['61(61-;3'+'(".(4$&&19"#'&(4-'(L,+''+"1'(-1)(I"'*'

9**0KMM===<1'.<"$/M2#'+1&''M'#'*-+1-2+;+*3M'0N$&0"$*N$&i#&'*<-'0g0$"/$-,h!#'*-+1-2+;+*3

CE 61)$&(\&#(T(I9-+$,-1^$/-1+%(A&)&$-*+"1(".(6#'*$-;+-7A^6`(Y"$;)(Z"-$)(`&,2&$

^$/-1+%(!3'*&,'_(L1B+$"1,&1*(-1)(I;+,-*&(I9-1/&(R0$&'&1*-*+"1U

===<.1i$"%<i;)</"B<-#M-),+1M.+;&'M61)$&\&#<0).

Page 2: 0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+1(( !#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$ *#$3&)2#*0$4$5)6$.7*$.-$*#$()6 ...€¦ · ... (#’&)(0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+"1((!!"#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$

CC 61)3(j&$-$)"L;&%*$"1+%( 7,0"$*(!9-$&(^.(@<!<(A"")I"1'#,0*+"1(!*-2;&(6*CC(P&$%&1*^#*;""[(5&0"$*(.$",(*9&(L%"1",+%(5&'&-$%9(!&$B+%&

===<&$'<#')-</"B

CG 611+[-(I-$;''"1FQ-13-,-(-_k_(`-$+-11&(P+00+1/(L['*$",(2_((d&;&1-(!9-1-9-1(2

A"")(-1)(;+.&(%3%;&(&1&$/3(+10#*'K(%"1'&i#&1%&'(".()+&*(-1)((=-3'(*"(+1%$&-'&(&.l%+&1%3

===<+1.$-<[*9<'&M.,'M0).M."")<+<&%<0).

CW 611+[-(I-$;''"1FQ-13-,-L1B+$"1,&1*-;(!*$-*&/+&'(5&'&-$%9(4$"#0((((O&0-$*,&1*(".(!3'*&,'(L%";"/3(((((((((!*"%[9";,(@1+B&$'+*3((((((((((!*"%[9";,_(!=&)&1

L1&$/3(@'&(+1(*9&(A"")(!&%*"$K((((((((6()-*-('#$B&3

===<+1.$-<[*9<'&M.,'M0).M&1&$/3#'&<0).(

CJ 600-;-%9+-1(!*-*&(@1+B&$'+*3_(O&0-$*,&1*(".(4&"/$-093(-1)(P;-11+1/

8"$*9(I-$";+1-(4$&&19"#'&(4-'(71B&1*"$3(RLS&%#*+B&(!#,,-$3U

9**0KMM===<0G0-3'<"$/M$&.MEHMEJJDWM1%//<9*,;

CH 60$+;(!*$&&*&$_(4"*9&12#$/_(!=&)&1 !=&)+'9(I9+%[&1'(4&*(\+.&(I3%;&(61-;3'+'(F(62"#*(6(Q+;"(I^G(P&$(P"#1)(^.(`&-*

9**0KMM===<*$&&9#//&$<%",M.+;&'MGEEbMEbM%;+,-*&F)&%;-$&)F'=&)+'9F%9+%[&1<090

CX 6$*+%;&(0$&0-$&)(23(!*&B&(6)-,'_(6;;&1(\-1/*"1_(-1)(I9$+'(P;-%[&**k_(."$(*9&(A$&'9(P$")#%&(j"#$

L1&$/3(#'&(+1(-/$+%#;*#$&(-1)(9"$*+%#;*#$&m(,"B+1/(*"(-(;"=F%-$2"1(&%"1",3<

===G<=-$=+%[<-%<#[M.-%M'%+M=9$+M$&'&-$%9M<<<M*$-)&0$&''ML1&$/3@'&<POA(F(

CV 6$#1&&(^1/,"1/[";[#;k_(P&$(d<(8+&;'&1kk_(-1)(`"#'-(`<(8-n9-)kk

\+.&(I3%;&(6''&'',&1*(".(P-0&$2"-$)(P-%[-/+1/(P$")#%&)(+1(:9-+;-1)

)"+<&1/<%,#<-%<*9M:9-+;%-M2+")-*-M-$#1&&N.+;&'M-$#1&&<0).(

Cb 6''"%+-*+"1(".(Z-3(6$&-(4"B&$1,&1*' Z-3(6$&-(GEED(I;&-1(6+$(P;-1<(O$-.*(I"1*$";(!*$-*&/3<((6#/#'*(GEED(((((((((((((((

===<2--i,)</"BM

CD 6::56 A"")(`+;&'K(Z-%[/$"#1)(-1)(`-$[&*+1/(

9**0KMM-**$-<1%-*<"$/M.-$,N&1&$/3M."")N,+;&'<9*,;

GE Z<(O&9#&_(!<(`&3&$_(I<(d-,&;+1%[(RL%".3'(8&*9&$;-1)'(Ze

:^Y65O!(6(d65`^87!LO(!@!:6786Z\L(Z7^`6!!(IL5:7A7I6:7^8(!IdL`L(

9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+"&1&$/3F-1)F'#'*-+1-2+;+*3M)&*-+;M&1M1&='MCCDCM+%")&MCVM

GC Z<(O&9#&_(Y<(d&**+1/-(RLI^Ao!U \-1)(#'&($&i#+$&,&1*'(".()+..&$&1*(L@(2+".#&;('%&1-$+"'(+1(GEGE

9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+"&1&$/3F-1)F'#'*-+1-2+;+*3M)&*-+;M&1M1&='MVHHVM+%")&MbM

GG Z<(P<(Y&+)&,-(-1)(`<(Y&'1p'G<FE(\I6(%"1'#;*-1*'_(O&1,-$[j<(d&$,-1'&1_(:<(Q$+'*&1'&1_(8<(d-;2&$/@1+B&$'+*3(".(6-$9#'_(A-%#;*3(".(6/$+%#;*#$-;!%+&1%&'j5I(L#$"0&-1(I",,+''+"1'

L1B+$"1,&1*-;(7,0$"B&,&1*(P"*&1*+-;(".(`&-*(-1)(O-+$3(P$")#%*'

9**0KMM===<.%$1<"$/<#[M$&'&-$%9\+2M$&'&-$%9;+2<090g+)hJ

GW Z-$[&$(:<_(7<(Z-'9,-["B_(\<(Z&$1'*&+1_(j<(L<(Z"/1&$_(P<(5<(Z"'%9_(5<(O-B&_(^<(5<(

:&%91+%-;(!#,,-$3<(71K(I;+,-*&(I9-1/&(GEEVK(`+*+/-*+"1<(I"1*$+2#*+"1(".(Y"$[+1/(4$"#0(777(*"(

9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+".#&;'F."$F*$-1'0"$*-*+"1M)&*-+;M&1M1&='MCHWWM+%")&MCM

Page 3: 0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+1(( !#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$ *#$3&)2#*0$4$5)6$.7*$.-$*#$()6 ...€¦ · ... (#’&)(0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+"1((!!"#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$

O-B+)'"1_(Z<(!<(A+'9&$_(!<(4#0*-_(Q<(d-;'1p'_(4<j<(d&+f_(!<(Q-91(5+2&+$"_(!<(Q"2-3-'9+_(`<(O<(\&B+1&_(O<(\<(`-$*+1"_(^<(`-'&$-_(Z<(`&*n_(\<(6<(`&3&$_(4<Fj<(8-2##$'_(6<(8-f-,_(8<(8-[+%&1"B+%_(d<(Fd<(5"/1&$_(j<(5"3_(j<(!-*9-3&_(5<(!%9"%[_(P<(!9#[;-_(5<(L<(d<(!+,'_(P<(!,+*9_(O<(6<(:+$0-[_(O<(@$/&Fe"$'-*n_(O<(q9"#

*9&(A"#$*9(6''&'',&1*(5&0"$*(".(*9&(71*&$/"B&$1,&1*-;(P-1&;("1(I;+,-*&(I9-1/&(rZ<(`&*n_(^<(5<(O-B+)'"1_(P<(5<(Z"'%9_(5<(O-B&_(\<(6<(`&3&$(R&)'Us_(I-,2$+)/&(@1+B&$'+*3(P$&''_(I-,2$+)/&_(@1+*&)(Q+1/)",(-1)(8&=(o"$[_(8o_(@!6<(

GJ Z"2(!%9";&'<(I!75(8-*#$-;(5&'"#$%&'(-1)(L1B+$"1,&1*2'%9";&'t%'+$<%"<n-

O$"#/9*_(.+$&(-1)(*9&(%-$2"1(2-;-1%&(".(6.$+%-

GH Z$+/9*&$(/$&&1( :9&(I9-;;&1/&'(".(I9+1-u'(L1%"#1*&$(=+*9(A-%*"$3(A-$,+1/(

9**0KMM2$+/9*&$/$&&1<"$/M-<090g+)hW

GX Z#$9-1(^n[-1(!_(d-1)-1(6[%-"n_(I&,-;(A&$* L1&$/3(+10#*T"#*0#*(-1-;3'+'(+1(:#$[+'9(-/$+%#;*#$&(

===<&%"1*#$[<"$/M:#$[+'9&%"1",3M&1&$/3+10#*<0).

GV I-'*-19&+$-_(v<(4<m(O+-'_(6<(I<(m(A&$$&+$-(6<(j<(O<m(P&$&+$-_(I<(j<(O<m(6$$"f-_(\<m(I-$$&+$-'_(`<((IL586!_(L'%";-(!#0&$+"$(6/$w$+-()&(I"+,2$-_(71'*+*#*"(P";+*x%1+%"()&(I"+,2$-_(IL!6`_(O&0-$*-,&1*"()&(6,2+&1*&(&(^$)&1-,&1*"(F(@1+B&$'+)-)&()&(6B&+$"

L1B+$"1,&1*-;(7,0-%*(6''&'',&1*(".(*9&(P"$*#/#&'&(O-+$3(!&%*"$

===<;%,GEEV<"$/M0-0&$MCHG<0).(

Gb I&1*&$(."$(!#'*-+1-2;&(!3'*&,'<(@<(".(`7%9+/-1

\+.&(I3%;&(6''&'',&1*(".(*9&!*"13.+&;)(A-$,(P$")#%*(O&;+B&$3(!3'*&,

%''<'1$&<#,+%9<&)#M%''N)"%MI!!ECFEW<0).(

GD I9$+'(d"0&j#)/&(Z#'+1&''(!%9"";_(@1+B&$'+*3(".(I-,2$+)/&_(:$#,0+1/*"1(!*_(I-,2$+)/&(IZGC64_(@Q<

e-;#+1/(*9&(%;+,-*&(%9-1/&(+,0-%*'(".(*$"0+%-;()&."$&'*-*+"1

9**0KMM===<"%%</"B<#[M0#2;+%-*+"1'M+1)&S<9*,

WE I9$+'*&;(I&)&$2&$/((_(Z&$+*(`-**''"1(O&0-$*,&1*(".(600;+&)(L1B+$"1,&1*-;(!%+&1%&'_(4"*&2"$/(@1+B&$'+*3_(Z"S(JXJ_(!LFJCW(DE(4"*&2"$/_(!=&)&1(!7Q_(:9&(!=&)+'9(71'*+*#*&(."$(A"")(-1)(Z+"*&%91";"/3_(P<^<(Z"S(HJEC_(!LFJEG(GD(4"*&2"$/_(!=&)&1

\+.&(%3%;&(-''&'',&1*(".(,+;[(0$")#%*+"1(y(-(%",0-$+'"1(".(%"1B&1*+"1-;(-1)("$/-1+%(.-$,+1/

j"#$1-;(".(I;&-1&$(P$")#%*+"1(b(RGEEEU(JDTXE===<&;'&B+&$<%",M;"%-*&Mf%;&0$"

WC I9$+'*&;(I&)&$2&$/(O-1+&;(`&3&$(611-(A;3'fz(:9&(!=&)+'9(71'*+*#*&(."$(A"")(-1)(Z+"*&%91";"/3

\+.&(%3%;&(+1B&1*"$3(".(/$&&19"#'&(/-'(&,+''+"1'(-1)(#'&(".(;-1)(-1)(&1&$/3(+1(Z$-n+;+-1(2&&.(0$")#%*+"1(

9**0KMM===<.%$1<"$/<#[M$&'&-$%9\+2M$&'&-$%9;+2<090g+)hJ

WG Id57!:^PdL5(\<(YLZL5((68Od<(!I^::(`6::dLY!

A"")F`+;&'(-1)(*9&(5&;-*+B&(I;+,-*&(7,0-%*'(".(A"")(I9"+%&'(+1(*9&(@1+*&)(!*-*&'

9**0KMM0#2'<-%'<"$/M)"+M-2'MCE<CEGCM&'VEGDXD.

Page 4: 0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+1(( !#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$ *#$3&)2#*0$4$5)6$.7*$.-$*#$()6 ...€¦ · ... (#’&)(0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+"1((!!"#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$

WW I;-#)+1&(Z-''&*F`&1'_(!*&=-$*(\&)/-$)_(`-$[(Z"3&'(-1)(61)$&=(I-$$-1

A+$'*(\+.&(I3%;&(6''&'',&1*(".(,+;[(0$")#%*+"1(+1(8&=(q&-;-1)

===<-1n'&&<"$/M-1n'&&GEEH0-0&$'MZ-''&*F`&1'NON=&2<00*

WJ I;+,-*&(I9-1/&(+1(6/$+%#;*#$&(-1)(8-*#$-;(5&'"#$%&(`-1-/&,&1*(RI\68U(6/$+%#;*#$&(Y"$[+1/(4$"#0(

5&)#%+1/(4$&&19"#'&(4-'(L,+''+"1'(.$",6#'*$-;+-1(6/$+%#;*#$&K(:9&(5";&(".(Z&1%9,-$[+1/((((((+1(O$+B+1/(Z&'*(`-1-/&,&1*(P$-%*+%&

9**0KMM%-*-;"/#&<1;-</"B<-#M5&%"$)MWDCJDEE

WH I"1'&f"(8-%+"1-;()&(P";{*+%-(L%"1|,+%-(3(!"%+-;5&0}2;+%-()&(I";",2+-O&0-$*-,&1*"(8-%+"1-;()&(P;-1&-%+|1O"%#,&1*"(I"10&'(WGJG

L'*$-*&/+-(+1'*+*#%+"1-;(0-$-(;-(B&1*-()&('&$B+%+"'(-,2+&1*-;&'()&(,+*+/-%+|1()&;(%-,2+"(%;+,w*+%"

===<)10</"B<%"M-$%9+B"'M)"%#,&1*"'M!#2)+$&%%+"1<<<MWGJG<POA

WX O<(Q+1)$&)_(5<(!3;B&'*&$FZ$-);&3_(j<(4-$'*-1/_(5<(Y&+/9*,-1_(j<(Q+;0-*$+%[R6O6!U

61*+%+0-*&)(-1)(0"*&1*+-;(+,0$"B&,&1*'(+1(;-1)(0$")#%*+B+*3(-1)(+1%$&-'&)(-/$+%#;*#$-;(+10#*'(=+*9(+1*&1'+.+%-*+"1

9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+"&1&$/3F-1)F'#'*-+1-2+;+*3M)&*-+;M&1M1&='MVHHWM+%")&MbM

WV O-;&(6;;&1(P.&+..&$ L-*+1/(A"''+;(A#&;'( 9**0KMM===<.$",*9&=+;)&$1&''<%",M.$&&M==WMCEEWEWN&-*+1/N"+;<9*,;

Wb O-1-&(`-1+-*+' L%"'3'*&,(!&B+%&'(".(*9&(I"1/"(Z-'+1(A"$&'*' 9**0KMM===</;"2-;%-1"03<"$/M,-+1<090g,hCGC

WD O-1+&;(j(`%4-9&3(!^!(!-9&;(71*&$1-*+"1-;(@Q(

Z+"&1&$/3(-1)(P-'*"$-;+',K(I9-;;&1/+1/(*9&(Y-'*&;-1)'(`3*9(

9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+"&1&$/3F-1)F'#'*-+1-2+;+*3M)&*-+;M&1M1&='MCGHWXM+%")&MHM

JE O-B+)(P+,&1*&;(-1)(`-$%+-(P+,&1*&;I";;&/&(".(6/$+%#;*#$&(-1)(\+.&(!%+&1%&'(-1)(O+B+'+"1(".(8#*$+*+"1-;(!%+&1%&'_(I"$1&;;;(@1+B&$'+*3_(7*9-%-_(8&=(o"$[_(@!6

L1&$/3(#'&(+1(."")(0$"%&''+1/(."$(1#*$+*+"1(-1)()&B&;"0,&1*

9**0KMM===<#1#<&)#M#1#0$&''M."")Mb.EVG&Mb.EVG&EX<9*,

JC O-B+)(P+,&1*&;_(`-$%+-(P+,&1*&;_`-$+-11&(Q-$0&1'*&+1F`-%9-1

L8L54o(@!L(78(6457I@\:@5LK(68(^eL5e7LY

===<%+/$f"#$1-;<"$/M+1)&S<090MLf"#1$-;M-$*+%;&MB+&=A+;&MCEJJMCEWV

JG OLA56 @Q(2+",-''('*$-*&/3 9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+".#&;'F."$F*$-1'0"$*-*+"1M)&*-+;M&1M1&='MCCDVM+%")&MGM

JW OLA56 :9&(e-;+)+*3(".(A"")(`+;&'(-'(-1(71)+%-*"$(".(!#'*-+1-2;&(O&B&;"0,&1*(

9**0'KMM'*-*+'*+%'<)&.$-</"B<#[M&'/M$&0"$*'M.""),+;&'M)&.-#;*<-'0

JJ

OLA56 5&0"$*(".(*9&(A"")(71)#'*$3(!#'*-+1-2+;+*3(!*$-*&/3(I9-,0+"1'~(4$"#0("1(A"")(:$-1'0"$*(

9**0KMM===<)&.$-</"B<#[M."").-$,M0";+%3M."")+1)#'*$3M."")*$-1'0"$*<9*,

JH OLA56 A"")(`-**&$'K(^1&(3&-$("1 ===<)&.$-</"B<#[M."").-$,M."")M0).M."")F,-**&$'F"1&3&-$"1EDEbEX<0).

JX OLA56 A"")(71)#'*$3(!#'*-+1-2+;+*3(!*$-*&/3(

9**0KMM===<)&.$-</"B<#[M."").-$,M0";+%3M."")+1)#'*$3M+1)&S<9*,

Page 5: 0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+1(( !#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$ *#$3&)2#*0$4$5)6$.7*$.-$*#$()6 ...€¦ · ... (#’&)(0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+"1((!!"#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$

JV OLA56 LB-;#-*+1/(*9&(+,0-%*'(".(A"")(`+;&'(611&S(W(*"(:9&(e-;+)+*3(".(A"")(`+;&'(-'(-1(71)+%-*"$(".(!#'*-+1-2;&(O&B&;"0,&1*(

9**0'KMM'*-*+'*+%'<)&.$-</"B<#[M&'/M$&0"$*'M.""),+;&'M)&.-#;*<-'0

Jb

O+-1-(O&#,;+1/_(`-*9+'(Y-%[&$1-/&;_(-1)(I9-)(`"1.$&)-(5&)&.+1+1/(P$"/$&''

L6:784(@P(:dL(L65:dK(d^Y(!@!:6786Z\L(A^^O(!o!:L`!(!d578Q(^@5(LI^\^47I6\(A^^:P578:(

9**0KMM-**$-<1%-*<"$/M.-$,N&1&$/3M."")N,+;&'<9*,;

JD

O$(6)$+-1(Y+;;+-,'(8-*#$-;(5&'"#$%&'(`-1-/&,&1*(71'*+*#*&(O&0-$*,&1*(".(8-*#$-;(5&'"#$%&'(I$-1.+&;)(@1+B&$'+*3(

I",0-$-*+B&(!*#)3(".(I#*(5"'&'(."$(*9&(Z$+*+'9(`-$[&*(P$")#%&)(+1((Q&13-(-1)(*9&(8&*9&$;-1)'(

9**0KMM===<.%$1<"$/<#[M$&'&-$%9\+2M$&'&-$%9;+2<090g+)hH

HE

O$<(`-$*+1(^["'_(O$<(8+'9-1*(5-"_(!-$-(O$&%9&$_(`-$3(5")&_(-1)(j&-11+&(Q"n-[(

L8L54o(@!64L(78(:dL(A^^O(78O@!:5o(RLS&%#*+B&('#,,-$3U

===<-%&&&<"$/M0#2'M+&DbC<9*,

HC

v<4<(I-'*-19&+$-C_(6<I<(O+-'G_(\<(6$$"f-G((C6O67_(O&0-$*,&1*(".(`&%9-1+%-;(L1/+1&&$+1/(F(@1+B&$'+*3(".(I"+,2$-_(I"+,2$-_(P"$*#/-;(GIL!6`_(O&0-$*,&1*(".(L1B+$"1,&1*(-1)(P;-11+1/(T(@1+B&$'+*3(".(6B&+$"_(6B&+$"_(P"$*#/-;(

L1B+$"1,&1*-;(0&$."$,-1%&(".(*9&(P"$*#/#&'&()-+$3('&%*"$(#'+1/(-(;3.&(%3%;&(-00$"-%9

===<;%-%&1*&$<"$/M\I6DM0$&'&1*-*+"1'MCHJ<0).

HG

L%"*$#'* 4;"2-;(!*#)3(".(!-;,"1(.$",(O-;9"#'+&(@1+B&$'+*3_(L%"*$#'*_(-1)(*9&(!=&)+'9(71'*+*#*&(."$(A"")(-1)(Z+"*&%91";"/3(!9"='K(�!#'*-+1-2;&�(A"")(P$")#%*+"1(7'1~*(!"(!#'*-+1-2;&(

9**0KMM===<&%"*$#'*<"$/M0$&''M;%-NGEEDCCGE<9*,;

HW L%"*$#'* 4;"2-;(!-;,"1(\I6<(6(;+.&(%3%;&(".(."")' 9**0KMM===<&%"*$#'*<"$/M;%-M

HJL%"*$#'* 4;"2-;(!-;,"1(\I6(T(I;"'&)(I"1*-+1,&1*(

6i#-%#;*#$&9**0KMM===<&%"*$#'*<"$/M;%-M

HH

L)(4-;;-/9&$(R5A6U :9&(4-;;-/9&$($&B+&=(".(*9&(+1)+$&%*(&..&%*'(".(2+".#&;'(0$")#%*+"1

9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+"&1&$/3F-1)F'#'*-+1-2+;+*3M)&*-+;M&1M1&='MXWGJM+%")&MVM

HXLL6 :$-1'0"$*(-1)(&1B+$"1,&1*K("1(*9&(=-3(*"(-(

1&=(%",,"1(*$-1'0"$*(0";+%39**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+".#&;'F."$F*$-1'0"$*-*+"1M)&*-+;M&1M1&='MHXJbM+%")&MGM

HVL76 611#-;(L1&$/3(^#*;""[(GEEb(=+*9(0$"f&%*+"1'(*"(

GEWE9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+".#&;'F."$F*$-1'0"$*-*+"1M)&*-+;M&1M1&='MXWGGM+%")&M

HbL;+n-2&*9(Z$"=1(-1)(5<(8&-;(L;;+"** P^:L8:76\(L8L54o(LAA7I7L8Io(!6e784!(

((((78(:dL(6457I@\:@5L(!LI:^5(===<-%&&&<"$/M0#2'M+&EHW.#;;<0).

HD L;+n-2&*9(Z$"=1(-1)(5<(8&-;(L;;+"** ^1F.-$,(&1&$/3F#'&(%9-$-%*&$+n-*+"1 ===<-%&&&<"$/M0#2'M+&EHG.#;;<0).(

XE L;;+&(`-%[-3( 6;;(-*('&- 9**0KMM===<+&&0<&#M0#2;+%-*+"1'M0#2;+%-*+"1'<090g

Page 6: 0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+1(( !#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$ *#$3&)2#*0$4$5)6$.7*$.-$*#$()6 ...€¦ · ... (#’&)(0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+"1((!!"#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$

I;&,(6**="")(`-;%";,(A&$/#''"1(7-1(![+11&$(7LLP

'&-$%9hHc'#2,+*h!#2,+*

XCL,+;3(`"$/-1 A$#+*(-1)(B&/&*-2;&(

%"1'#,0*+"1(-1)(=-'*&(+1(6#'*$-;+-(9**0KMM===<.%$1<"$/<#[M$&'&-$%9\+2M$&'&-$%9;+2<090g+)hH

XG L1&$/3(71."$,-*+"1(6),+1+'*$-*+"1 L,+''+"1'(".(4$&&19"#'&(4-'&'(5&0"$*( 9**0KMM===<&+-<)"&</"BM

XW

L1&$/3(:$-1'+*+"1(RZ+"2-'&)(5-=(`-*&$+-;'(P;-*."$,U

Z+",-''_(9"*(+''#&(F(!,-$*(%9"+%&'(+1()+..+%#;*(*+,&'

9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+"&1&$/3F-1)F'#'*-+1-2+;+*3M)&*-+;M&1M1&='MVEVXM+%")&MVM

XJ

LP6 4;"2-;(61*9$"0"/&1+%(L,+''+"1'(".(8"1FI^G(4$&&19"#'&(4-'&'(CDDEFGEGE(5&0"$*(JWEF5FEXFEEW

9**0KMM===<&0-</"BM%;+,-*&%9-1/&M&%"1",+%'M+1*&$1-*+"1-;<9*,;�/;"2-;N-1*9$"0"/&1+%

XH

LP6GEED(71B&1*"$3(".(4$&&19"#'&(4-'(L,+''+"1'(-1)(!+1['I9-0*&$(X(6/$+%#;*#$&(I9-0*&$(V<(\-1)(#'&_(;-1)(#'&(%9-1/&(-1)(."$&'*$3I9-0*&$(b<(Y-'*&

9**0KMM===<&0-</"BM%;+,-*&%9-1/&M&,+''+"1'M+1)&S<9*,;

XXLP6( 4;"2-;(`+*+/-*+"1(".(8"1FI^G(4$&&19"#'&(

4-'&'<(5&0"$*(JWEF5FEXFEEH9**0KMM===<&0-</"BM%;+,-*&%9-1/&M&%"1",+%'M+1*&$1-*+"1-;<9*,;�/;"2-;N-1*9$"0"/&1+%

XV A(<`+*;"&91&$<( \+B&'*"%[~'($";&(+1(%;+,-*&(%9-1/& ===<%-;%-**;&,&1<"$/M+,-/&'M1"BCJFCV<0).(

Xb A<(`+*;"&91&$(e";-*+;&(^$/-1+%(I",0"#1)&,+''+"1'(.$",()-+$3(%"='-1)(*9&+$(&S%$&*-

.*0KMM.*0<-$2<%-</"BM%-$2+'M-/M-/-)B+'"$3M,+*;"&91&$EHf-1GX<0).

XDA<(`+*;"&91&$<((((( I;&-$+1/(*9&(6+$K(\+B&'*"%[u'(

I"1*$+2#*+"1'(*"(I;+,-*&(I9-1/&(===<1-*+"1-;-/;-=%&1*&$<"$/M-''&*'M2+2-$*+%;&'M,%/&&N%;&-1+1/<0)

VEA<(`+*;"&91&$<(@1+B<(I-;+."$1+-(O-B+&' 4d4(L,+''+"1'(.$",(;+B&'*"%[(-1)(9"#'+1/(

'3'*&,'

VC

A6^ :9&('*-*&(".(."")(-1)(-/$+%#;*#$&(+1(6'+-(-1)(*9&(P-%+.+%($&/+"1

9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+"&1&$/3F-1)F'#'*-+1-2+;+*3M)&*-+;M&1M1&='MbWCHM+%")&MHM

VG

A6^ :9&(!*-*&(".(A"")(-1)(6/$+%#;*#$&(GEEb(F(Z+".#&;'K(0$"'0&%*'_($+'['(-1)("00"$*#1+*+&'A#;;($&0"$*

9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+".#&;'F."$F*$-1'0"$*-*+"1M)&*-+;M&1M1&='MVbCHM+%")&M

VW

A6^ :9&(!*-*&(".(A"")(-1)(6/$+%#;*#$&(GEEb(F(Z+".#&;'K(0$"'0&%*'_($+'['(-1)("00"$*#1+*+&'

9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+".#&;'F."$F*$-1'0"$*-*+"1M)&*-+;M&1M1&='MVbCHM+%")&M

VJ A6^(GEEX( \+B&'*"%[~'(;"1/('9-)"=< .*0KMM.*0<.-"<"$/M)"%$&0M.-"MECEM6EVECLM6EVECLEE<0).("$(

Page 7: 0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+1(( !#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$ *#$3&)2#*0$4$5)6$.7*$.-$*#$()6 ...€¦ · ... (#’&)(0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+"1((!!"#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$

9**0KMM===<.-"<"$/M)"%$&0MECEM-EVEC&M-EVEC&EE<9*,

VH

A6^!*&09&1(Q-$&[&n+(-1)(`+%9-&;(\-n-$#'

A@:@5L(L8L54o(5L�@75L`L8:!(A^5(6A57I6u!(6457I@\:@5L

I9-0*&$(G<(L1&$/3(."$(!#'*-+1-2;&(6/$+%#;*#$&(-1)(5#$-;(O&B&;"0,&1*(-1)(A"")(!&%#$+*3(+1(6.$+%-I9-0*&$(W<(L1&$/3()&,-1)(R'#00;3U(-1)(%"1'#,0*+"1(+1(6.$+%-~'(-/$+%#;*#$&I9-0*&$(J<(!%&1-$+"'(".(&1&$/3(-1)(-/$+%#;*#$&(+1(6.$+%-

9**0KMM===<.-"<"$/M)"%$&0MeDVXXLMBDVXX&EJ<9*,

VX

A+1+'9(5"-)(6),+1+'*$-*+"1 :$-'10"$*(+1(A+1;-1) 9**0KMM===<*+&9-;;+1*"<.+M'&$B;&*M0-/&gN0-/&+)hVWcN)-)hf#;+-cN'%9&,-hP^5:6\WEc,&1#hJbJbcN0-/&+)hVCc;+1[[+hCVXDcf#;[-+'#hbDCc[+&;+h&1

VV

A788(O687L\!L8_!(dL8O57L8(ZL@QL`6_�(8L7\(O<(Z@54L!!_��(A67q6\(P657!d_!!(((((((((((((((�(I65!:L8(6<(Z5@d\_��(P6@\(A<(O^86\O_��(O687L\(`@5O7o65!^_��(ZL8(Pd6\68_�(\@I6!(5L7j8OL5!_!!!(`6::dLY(!:5@LZ74_���(68O(L`7\o(Z<(A7:qdL5ZL5:(

Z+".#&;(P;-1*-*+"1'("1(A"$&'*&)(\-1)'K(O"#2;&(j&"0-$)3(."$(Z+")+B&$'+*3(-1)(I;+,-*&(

9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+"&1&$/3F-1)F'#'*-+1-2+;+*3M)&*-+;M&1M1&='MDEWCM+%")&MJM

Vb

A;"$+-1&(I;x,&1*_(j-+,&(`<(6,&n-/-_(O+)+&$(^$-1/&(-1)(:$-1(O#%(:"-1(71*&$1-*+"1-;(Y-*&$(`-1-/&,&1*(71'*+*#*&(P(^(Z"S(GEVH_(I";",2"_(!$+(\-1[-(

5&'&-$%9(5&0"$*(CCG(:9&(7,0-%*(".(4"B&$1,&1*(P";+%+&'("1(\-1)(@'&(+1(8"$*9&$1(e+&*1-,K(61(71'*+*#*+"1-;(600$"-%9(."$(@1)&$'*-1)+1/(A-$,&$(O&%+'+"1'(

===<+=,+<%/+-$<"$/MP#2;+%-*+"1'M7Y`7N5&'&-$%9N5&0"$*'M<<<M55CCG<0).

VDA"")(-1)(Y-*&$(Y-*%9 A"''+;(A#&;'(-1)(4$&&19"#'&(4-'

L,+''+"1'(.$",(71)#'*$+-;(6/$+%#;*#$&===<."")-1)=-*&$=-*%9<"$/M<<<M/$&&19"#'&F/-'F+1)#'*$+-;F-/$+%#;*#$&<0).

bE A"")(L*9+%'(I"#1%+; !&-'"1-;(A"") 9**0KMM===<."")&*9+%'%"#1%+;<"$/M

bC

A"")(L*9+%'(I"#1%+; `&-*(%"1'#,0*+"1K(*$&1)'(-1)(&1B+$"1,&1*-;(+,0;+%-*+"1'

9**0KMM===<."")&*9+%'%"#1%+;<"$/M

bGA"")(L*9+%'(I"#1%+; A$",(6(*"(Z(

6('1-0'9"*(".(*9&(@Q(."")()+'*$+2#*+"1('3'*&,(9**0KMM===<."")&*9+%'%"#1%+;<"$/M

bW A"")(L*9+%'(I"#1%+; A"")(P";+%3K(71%"1B&1+&1*(:$#*9' 9**0KMM===<."")&*9+%'%"#1%+;<"$/M

bJ A"")(L*9+%'(I"#1%+; A"")(P-%[-/+1/<(Z&3"1)($&)#%*+"1 9**0KMM===<."")&*9+%'%"#1%+;<"$/M

bH A"")(L*9+%'(I"#1%+; A"")(,+;&' 9**0KMM===<."")&*9+%'%"#1%+;<"$/M

Page 8: 0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+1(( !#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$ *#$3&)2#*0$4$5)6$.7*$.-$*#$()6 ...€¦ · ... (#’&)(0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+"1((!!"#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$

bXA"")(L*9+%'(I"#1%+; A"")(,+&'("$(."")(,+1#*&'<(7'('#'*-+1-2+;+*3(-;;(

+1(*9&(*+,+1/g9**0KMM===<."")&*9+%'%"#1%+;<"$/M

bV

A"")(L*9+%'(I"#1%+; A"")(L*9+%'(`-/-n+1&(T(`&-*K(A-%+1/(*9&(O+;&,,-'Y+1*&$(GEEV

9**0KMM===<."")&*9+%'%"#1%+;<"$/M

bbA"")(L*9+%'(I"#1%+; A"")()+'*$+2#*+"1(

61(&*9+%-;(-/&1)-(9**0KMM===<."")&*9+%'%"#1%+;<"$/M

bD A"")(L*9+%'(I"#1%+; A;3+1/(A"")<(="$['9"0(5&0"$* 9**0KMM===<."")&*9+%'%"#1%+;<"$/M

DE

A"")(L*9+%'(I"#1%+;A"")(L*9+%'(`-/-n+1&-#*#,1(GEED(B";#,&(J(+''#&(W(�(===<."")&*9+%'%"#1%+;<"$/

Y9-*~'(=$"1/(=+*9(=-'*&g:9&(Z$&-)(=&(=-'*&Y9-*(+'(+1(3"#$(2+1g

9**0KMM===<."")&*9+%'%"#1%+;<"$/M

DCA"")(L*9+%'(I"#1%+;:",(`-%`+;;-1(-1)(5-%9-&;(O#$$-1*

\+B&'*"%[(%"1'#,0*+"1(-1)(%;+,-*&(%9-1/& 9**0KMM===<."")&*9+%'%"#1%+;<"$/M

DG

A"")(L*9+%'(I"#1%+;:",(`-%`+;;-1_(\#%3(6;'*"1_(5#*9(!&/-;_(P-#;(!*&&),-1(

A;3+1/(A"")K(5&'0"1'+2;&($&*-+;(+1(*9&(.-%&(".(#1%&$*-+1*3

9**0KMM===<."")&*9+%'%"#1%+;<"$/M

DW

A$-1%+'(]<(j"91'"1(!*"%[9";,(L1B+$"1,&1*(71'*+*#*&_(I;+,-*&(-1)(L1&$/3(P$"/$-,,&(-1)(A$-1[(5"'+;;"FI-;;&(7,0&$+-;(I";;&/&(\"1)"1_(I&1*$&(."$(L1&$/3(P";+%3(-1)(:&%91";"/3(

Z7^`6!!_(\7eL\7d^^O!(68O(78:L586:7^86\(:56OL(I9-;;&1/&'(-1)(^00"$*#1+*+&'(."$(*9&(L@(-1)(!"#*9&$1(6.$+%-(

9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+"&1&$/3F-1)F'#'*-+1-2+;+*3M)&*-+;M&1M1&='MCGEHM+%")&MCDM

DJA$-1[(`+*;"&91&$@I(O-B+'(

4$&&19"#'&(4-'(L,+''+"1'(.$",(\+B&'*"%[(-1)(d"#'+1/(!3'*&,'

9**0KMM===<&S*&1'+"1<"$/M0-/&'M4$&&19"#'&N4-'NL,+''+"1'N.$",N61+,-;N6/$+%#;*#$&�e+&=NL1*+$&NP$&'&1*-*+"1

DH

A$+&1)'(".(*9&(L-$*9(R@!_(Z$-n+;_(d-+*+U d-$B&'*+1/(9-$,K(-/$".#&;'(-'(-(.-;'&('";#*+"1(*"(%;+,-*&(%9-1/&(-1)(0"B&$*3(F(P";+%3(2$+&.("1(*9&(71*&$F6,&$+%-1(O&B&;"0,&1*(Z-1[(6/$".#&;'(!*$-*&/3

9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+"&1&$/3F-1)F'#'*-+1-2+;+*3M)&*-+;M&1M1&='MbEGGM+%")&MCEM

DXA$+&1)'(".(*9&(L-$*9(L#$"0& !#'*-+1-2+;+*3(-'(-(',"[&'%$&&1(F(:9&(

+1-)&i#-%3(".(%&$*+.3+1/(.#&;'(-1)(.&&)'9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+"&1&$/3F-1)F'#'*-+1-2+;+*3M)&*-+;M&1M1&='MHWEXM+%")&MCCM

DV

A$+&1)'(".(*9&(L-$*9(71*&$1-*+"1-; `-;-3'+-1(0-;,("+;(F(4$&&1(/";)("$(/$&&1(=-'9g(F(6(%",,&1*-$3("1(*9&('#'*-+1-2+;+*3(%;-+,'(".(`-;-3'+-u'(0-;,("+;(;"223_(=+*9(-('0&%+-;(."%#'("1(*9&(!*-*&(".(!-$-=-[

9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+"&1&$/3F-1)F'#'*-+1-2+;+*3M)&*-+;M&1M1&='MVbCJM+%")&MXM

Db

A!6(I"1'#;*+1/ L1B+$"1,&1*-;(6''&'',&1*(((((".(*9&(P"$[(71)#'*$3(F(Y-*&$_(L1&$/3(-1)(4$&&19"#'&(4-'(

===<-#'*$-;+-10"$[<%",<-#

Page 9: 0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+1(( !#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$ *#$3&)2#*0$4$5)6$.7*$.-$*#$()6 ...€¦ · ... (#’&)(0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+"1((!!"#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$

DD

4<6<(5&+19-$)*_(j<(Z$-'%9[-*_(6<(P-*3[(c(`<(�#+$+1(+.&#(T(71'*+*#*&(."$(L1&$/3(-1)(L1B+$"1,&1*-;(5&'&-$%9(d&+)&;2&$/(

\+.&(%3%;&(-1-;3'+'(".(2$&-)(0$")#%*+"1(T(-(%",0-$+'"1(".(&+/9*()+..&$&1*("0*+"1'(T(

===<;%-."")<)[M;%-N%"1.M%"1*$+2M/N$&+19-$)*<0).(

CEE4&$,-1(A&)&$-;(`+1+'*$3(."$(L%"1",+%(I""0&$-*+"1(-1)(O&B&;"0,&1*

O&B&;"0,&1*(0";+%3('*-1%&("1(-/$".#&;'(T(O+'%#''+"1(0-0&$

9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+"&1&$/3F-1)F'#'*-+1-2+;+*3M)&*-+;M&1M1&='MCEEXHM+%")&MCCM

CEC 4;"2-;(%-1"03(0$"f&%* A"$&'*'(1"=($&0"$* 9**0KMM===</;"2-;%-1"03<"$/M,-+1<090g,hCGC

CEG

4"")(4#+)& O-*-(."$(A$&'9(I9+%[&1_(Z$"+;&$'("$(A$3&$'_(Z$&-'*(R`&-*(^1;3U(R"$/-1+%U

9**0KMM===</"")/#+)&<%",M0$")#%*'MGHbJGEF.$&'9F%9+%[&1F2$"+;&$'F"$F.$3&$'F2$&-'*F,&-*F"1M'&&N-;;N)-*-

CEW

4"$-1(A+11B&)&1j&''+%-(j"9-1''"1P&$(\+1)�'-(`"2&$/

\+.&(I3%;&(6''&'',&1*'(".L1&$/3(.$",(!";+)(Y-'*&

===<+1.$-<[*9<'&M.,'M0).M\I6".&1&$/3.$",'";+)=-'*&<0).(

CEJ

4"B&$1,&1*(".(6;2&$*- 4$&&19"#'&(4-'(L,+''+"1'(".(*9&(6/$+%#;*#$&(-1)(6/$+FA"")(71)#'*$3(F(:9+1/'(o"#(8&&)(:"(Q1"=

9**0KMM===C<-/$+%</"B<-2<%-M�)&0-$*,&1*M)&0*)"%'<1'.M-;;M%;WEED

CEH4:q \+i#+)(2+".#&;'(."$(*$-1'0"$*-*+"1(+1(:-1n-1+- 9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+".#&;'F."$F

*$-1'0"$*-*+"1M)&*-+;M&1M1&='MCHCEM+%")&MHM

CEX

4#3(!9$#2'";&@Q(O&0-$*,&1*(".(*9&L1B+$"1,&1*_(A"")(c(5#$-;(6..-+$'(RO&.$-U

L,2&))&)(%-$2"1(+1."")K(*9&(="$[(".(*9&(@Q(R0$&'&1*-*+"1U

-'+<#%)-B+'<&)#M<<<A"")<<<M4#3N!9$#2'";&NFNL,2&))&)NI-$2"1N+1NA"")<0).(

CEV

d<(5+%-$)"(4$-#(C_G(-1)(`+*%9&;;(6+)&(W

C@1+B&$'+)-)(8-%+"1-;()&(:#%#,-1_(GI^87IL:_(W@1+B&$'+*3(".(P#&$*"(5+%"

4;"2-;+n-*+"1(-1)(\-1)F@'&(:$-1'+*+"1'(+1(\-*+1(6,&$+%-(

9**0KMM===<&%";"/3-1)'"%+&*3<"$/MB";CWM+''GM-$*CXM

CEb

d&;&1-(L;,i#+'*(A-%#;*3(".(8-*#$-;(5&'"#$%&'(-1)(6/$+%#;*#$-;(!%+&1%&'(_((O&0-$*,&1*(".(Z+",&*$3(-1)(L1/+1&&$+1/(_(@00'-;-(_('=&)+'9(@1+B&$'+*3(".(6/$+%#;*#$-;(!%+&1%&'

L1B+$"1,&1*-;(!3'*&,'(61-;3'+'(".(6$-2;&_(`&-*(-1)(`+;[(P$")#%*+"1(

9**0KMM)+''F&0'+;"1<';#<'&M-$%9+B&MEEEEEbJXM

CED

d&;&1-(P-#;_(!*&;;-(!&,+1"_(61*f&(\"$%9_(Z&1*&(d&''&;;#1)(61)&$'&1_(!#'-11&(4#$-(c(6;,#*9(L$1'*+1/

6/$+%#;*#$&(-1)(%;+,-*&(%9-1/&K((5&-;(0$"2;&,'_(.-;'&('";#*+"1'(

9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+"&1&$/3F-1)F'#'*-+1-2+;+*3M)&*-+;M&1M1&='MGDHDXM+%")&M

CCE d&;,#*(d-2&$;k_�_(Q<(d&+1n(L$2k_(A$+)";+1(Q$-#',-11k_(e&$"1+[-(4-#2&k_(6;2&$*&(Z"1)&-#�_(

�#-1*+.3+1/(-1)(,-00+1/(*9&(9#,-1(-00$"0$+-*+"1(".(1&*(0$+,-$3(0$")#%*+"1(+1(&-$*9~'(*&$$&'*$+-;(&%"'3'*&,'

9**0KMM===<01-'<"$/M%"1*&1*MCEJMWCMCGDJG<.#;;g,-S*"'9"=hcd7:!hCEc9+*'hCEc5L!@\:A^5`6:hc.#;;*&S*hd-2&$;c'&-$%9+)hCcA75!:78OL]hEc$&'"#$%&*30&hdYI7:

Page 10: 0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+1(( !#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$ *#$3&)2#*0$4$5)6$.7*$.-$*#$()6 ...€¦ · ... (#’&)(0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+"1((!!"#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$

I9$+'*"09(P;#*n-$�_(!+,"1&(4+1/$+%9k_(Y";./-1/(\#%9*�_(-1)(`-$+1-(A+'%9&$FQ"=-;'[+k(

CCC

9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+"&1&$/3F-1)F'#'*-+1-2+;+*3M)&*-+;M&1M1&='MbCHDM+%")&MDM

Y-*&$(.""*0$+1*(".(2+"&1&$/3(-1)("*9&$(0$+,-$3(&1&$/3(%-$$+&$'

9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+"&1&$/3F-1)F'#'*-+1-2+;+*3M)&*-+;M&1M1&='MCDGVVM+%")&MCCM

CCG7L6(Z+"&1&$/3 Z+"&1&$/3(T(:9&(7,0-%*(".(

71)+$&%*(\-1)(@'&(I9-1/&(9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+"&1&$/3F-1)F'#'*-+1-2+;+*3M)&*-+;M&1M1&='MWXJDEM+%")&M

CCW71*&$1-*+"1-;(6*",+%(L&1&$/3(6/&1%3 Z&;%9+1/(5#,+1-1*'_(-(,+1"$(0;-3&$(+1(

-*,"'09&$+%(,&*9-1&9**0KMM===F1-=&2<+-&-<"$/M1-.-M-09M'*"$+&'MGEEbF-*,"'09&$+%F,&*9-1&<9*,;

CCJ71*&$1-*+"1-;(71'*+*#*&(."$(!#'*-+1-2;&(O&B&;"0,&1*

\"#0(e-;;&3(O-+$3(R\I6U 9**0KMM===<2')/;"2-;<%",MB+&=%-'&'*#)3<-'0g+)hCCE

CCH

7PII I;+,-*&(I9-1/&(GEEVK(:9&(P93'+%-;(!%+&1%&(Z-'+'I9-0*&$(GK(I9-1/&'(+1(6*,"'09&$+%(I"1'*+*#&1*'(-1)(+1(5-)+-*+B&(A"$%+1/(

9**0KMM===<+0%%<%9M0#2;+%-*+"1'N-1)N)-*-M0#2;+%-*+"1'N+0%%N."#$*9N-''&'',&1*N$&0"$*N=/CN$&0"$*N*9&N093'+%-;N'%+&1%&N2-'+'<9*,

CCX

7PII I;+,-*&(I9-1/&(GEEVK(`+*+/-*+"1(".(I;+,-*&(I9-1/&I9-0*&$(bK(6/$+%#;*#$&I9-0*&$(DK(A"$&'*$3I9-0*&$(CEK(Y-'*&(,-1-/&,&1*

9**0KMM===<+0%%<%9M0#2;+%-*+"1'N-1)N)-*-M0#2;+%-*+"1'N+0%%N."#$*9N-''&'',&1*N$&0"$*N=/WN$&0"$*N,+*+/-*+"1N".N%;+,-*&N%9-1/&<9*,

CCV

7PII I;+,-*&(I9-1/&(GEEVK(7,0-%*'_(6)-0*-*+"1(-1)(e#;1&$-2+;+*3I9-0*&$(CK(6''&'',&1*(".("2'&$B&)(%9-1/&'(-1)($&'0"1'&'(+1(1-*#$-;(-1)(,-1-/&)('3'*&,'(I9-0*&$(JK(L%"'3'*&,'_(*9&+$(0$"0&$*+&'_(/"")'(-1)('&$B+%&'I9-0*&$(DK(6.$+%-

9**0KMM===<+0%%<%9M0#2;+%-*+"1'N-1)N)-*-M0#2;+%-*+"1'N+0%%N."#$*9N-''&'',&1*N$&0"$*N=/GN$&0"$*N+,0-%*'N-)-0*-*+"1N-1)NB#;1&$-2+;+*3<9*,

CCb7PII( A"#$*9(6''&'',&1*(5&0"$*<(I;+,-*&(I9-1/&(

GEEVK(!31*9&'+'(5&0"$*(9**0KMM===<+0%%<%9M0#2;+%-*+"1'N-1)N)-*-M0#2;+%-*+"1'N+0%%N."#$*9N-''&'',&1*N$&0"$*N'31*9&'+'N$&0"$*<9*,

CCD

j<(L<(I-,02&;;_(O<(\"2&;;_(5<(4&1"B-_(I<(A+&;) :9&(/;"2-;(0"*&1*+-;(".(2+"&1&$/3("1(-2-1)"1&)(-/$+%#;*#$-;(;-1)'

9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+"&1&$/3F-1)F'#'*-+1-2+;+*3M)&*-+;M&1M1&='MCEVbbM+%")&MVM

CGEj-,&'(I"$2&**_(P<L<_(P9<O< L,+''+"1'(A$",(`-$+*+,&(!9+00+1/(

(((!&%*"$(71(6(A$&+/9*(I"1*&S*(9**0KMM===<+1*&$1-*+"1-;*$-1'0"$*."$#,<"$/Mf*$%M&1B+$"1,&1*M4d4M0$&'&1*-*+"1'<9*,;

CGC j-1&(d<(:#$12#;;_(P&1+1'#;-(L1&$/3(P-$*1&$'_(\"'(6;*"'_(I6_(@!6(-1)(Y&;;-,(Q-,*9#1n+_(Z#1)-(I";;&/&_(\+;"1/=&_(`-;-=+(

4$&&19"#'&(4-'(L,+''+"1(5&)#%*+"1(6''"%+-*&)(=+*9(\+B&'*"%[(Y-'*&(`-1-/&,&1*(!3'*&,'K(6(I-'&(!*#)3(."$(*9&(\-1/&$=&$.(

9**0KMM/+'<;$'<#"/#&;09<%-M6/$+L1B6$%9+B&'M2+"&1&$/3M/9/N&,+''+"1'<9*,;�4d4NL,+''+"1N5&)#%*+"1'

Page 11: 0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+1(( !#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$ *#$3&)2#*0$4$5)6$.7*$.-$*#$()6 ...€¦ · ... (#’&)(0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+"1((!!"#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$

((((((((((((O-+$3(Y-'*&(`-1-/&,&1*(!3'*&,(

CGG

j-3-1*(!-*9-3&_(P&*&$(I9-1_(d&;&+%"(Z;#,_(\-$$3(O-;&(-1)(Y+;;3(`-[+1)+_(71*&/$-*&)(L1B+$"1,&1*-;(!";#*+"1'(R7L!U

@0)-*+1/(%-$2"1()&1'+*3(-1)("00"$*#1+*3(%"'*(0-$-,&*&$'(+1()&."$&'*+1/($&/+"1'(+1(*9&(4I^`6P(,")&;

9**0KMM===<"%%</"B<#[M0#2;+%-*+"1'M+1)&S<9*,

CGW

j&$$3(`<(`&;+;;"_(61/&;"(I<(4#$/&;_(O-B+)(Y<(Q+%[;+/9*&$_(j"91(`<(5&+;;3_(:+,"*93(Y<(I$"1+1_(Z&1f-,+1(!<(A&;n&$_(!&$/&3(P-;*'&B_(I<(6)-,(!%9;"''&$_(61)$&+(P<(!"[";"B_(-1)(]<(Y-1/(`7:(

@1+1*&1)&)(L1B+$"1,&1*-;(I"1'&i#&1%&'((((((".(-(4;"2-;(Z+".#&;'(P$"/$-,(

/;"2-;%9-1/&<,+*<&)#M.+;&'M)"%#,&1*M`7:jP!P4IN50*CXb<0).

CGJ

j768Id@(]@C_(o^84P784(o684G_(jLAAL5!^8(A^]W(c(]@LAL7(o684G(C((Y"$;)(6/$"."$&'$*3(I&1*$&_(I9+1-(P$"/$-,_(((G(Q#1,+1/(71'*+*#*&(".(Z"*-13_(I9+1&'&(6%-)&,3(".(!%+&1%&W(L-'*FY&'*(I&1*&$_(CXEC(L-'*FY&'*(5"-)_(d"1";#;#_(d-=-++(DXbJb(

A"$&'*(*$-1'+*+"1_(+*'(%-#'&'(-1)(&1B+$"1,&1*-;(%"1'&i#&1%&'K(&,0+$+%-;(&B+)&1%&(.$",(o#11-1(".(!"#*9=&'*(I9+1-(

:$"0+%-;(L%";"/3(JbRGUK(CWVFCHE_(GEEV===<*$"0&%";<%",M0).M"0&1MPOANJbNGMEG�GE]#<0).

CGH

j")+(q+&'&,&$A6^8-*#$-;(5&'"#$%&'(`-1-/&,&1*(-1)(L1B+$"1,&1*(O&0-$*,&1*

L8L54o(@!L(78(^54687I(A^^O(!o!:L`! ===<.-"<"$/M)"%'M&+,'M#0;"-)MGWWEXDM&1&$/3F#'&F"-<0).(

CGX

j^d8(6ZL5_(5^86\O(P(8L7\!^8_(!:LeL(`(I(8@\:o_(j6`L!(`<(\L87d68_(((((((((((((((((((<(O^`787�@L(Z6IdL\L:_(68O(56o`^8O(j<(O56PLQ(

A"$&'*(P$"%&''&'(-1)(4;"2-;(L1B+$"1,&1*-;(I9-1/&K(P$&)+%*+1/(*9&(L..&%*'(".(71)+B+)#-;(-1)(`#;*+0;&(!*$&''"$'(

!&0*&,2&$(GEEC(M(e";<(HC(8"<(D(�(Z+"!%+&1%&(VWH===<#'/%$0</"BM#'/%$0M\+2$-$3M1-*+"1-;-''&'',&1*M<<<M2+""1&W<0).

CGV

j"+1*(*$-1'0"$*(5&'&-$%9(%&1*$& :$-1'0"$*(^#*;""[(GEEDK(4;"2-;+'-*+"1_(I$+'+'(-1)(:$-1'0"$*O+'%#''+"1(P-0&$(8"(GEEDFCG_(`-3(GEED(RP$&;+,+1-$3(B&$'+"1U

9**0KMM===<+1*&$1-*+"1-;*$-1'0"$*."$#,<"$/Mf*$%MO+'%#''+"1P-0&$'Mf*$%0-0&$'<9*,;

CGb

j"+1*(*$-1'0"$*($&'&-$%9(%&1*$& :9&(&1B+$"1,&1*-;(%&$*+.+%-*+"1(".(2+".#&;'(T(O+'%#''+"1(0-0&$

9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+"&1&$/3F-1)F'#'*-+1-2+;+*3M)&*-+;M&1M1&='MGEECM+%")&MCJM

CGDj"+1*(*$-1'0"$*($&'&-$%9(%&1*$& !*-*+'*+%'("1($"-)(.$&+/9*(*$-1'0"$*-*+"1( 9**0KMM===<+1*&$1-*+"1-;*$-1'0"$*."$#,<"$/M'*-*+'*+%'M*$&1)'M+1)&S<

9*,;

CWEj"+1*(*$-1'0"$*($&'&-$%9(%&1*$& !*-*+'*+%'("1((*"*-;(.$&+/9*(*$-1'0"$*-*+"1 9**0KMM===<+1*&$1-*+"1-;*$-1'0"$*."$#,<"$/M'*-*+'*+%'M*$&1)'M+1)&S<

9*,;

CWCj"+1*(*$-1'0"$*($&'&-$%9(%&1*$& 4$&&19"#'&(4-'(5&)#%*+"1(!*$-*&/+&'(+1(*9&(

:$-1'0"$*(!&%*"$<(0$&;+,+1-$3($&0"$*9**0KMM===<+1*&$1-*+"1-;*$-1'0"$*."$#,<"$/Mf*$%M&1B+$"1,&1*M&1B+$"1,&1*<9*,;

Page 12: 0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+1(( !#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$ *#$3&)2#*0$4$5)6$.7*$.-$*#$()6 ...€¦ · ... (#’&)(0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+"1((!!"#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$

CWG

j"1(P-)/9-,:9&(Y"$;)(Z-1[

6/$+%#;*#$-;()&B&;"0,&1*#1)&$(-(%9-1/+1/(%;+,-*&K("00"$*#1+*+&'(-1)(%9-;;&1/&'(."$(-)-0*-*+"1

9**0KMM===<0$&B&1*+"1=&2<1&*M&1/;+'9M0$".&''+"1-;M0#2;+%-*+"1'MB<090g+)hCCbWGc0+)KHE

CWWj"$/&(Z"*&$"(3(^'%-$(\"1)"�"`+1+'*&$+"()&(I",&$%+"<(I";",2+-

e&1*-()&(!&$B+%+"'(6,2+&1*-;&' ===<,+1%",&$%+"</"B<%"M&I"1*&1*M)"%#,&1*"'M<<<M-,2+&1*&<00*

CWJ

j�$/&1(I9$+'*&1'&1_(`<!%<(`!(I9-+$_(j:5I(Y"$[+1/(4$"#0("1(d&-B3(4"")'(e&9+%;&'((((((((

Y"$;)(:$&1)'(+1(5"-)(A$&+/9*(:$-1'0"$*

CWH

j"�&(e&$2+�_(6/$+%#;*#$-;(71'*+*#*&(".(!;"B&1+-( !9-$&(".(-/$+%#;*#$&(+1(/$&&19"#'&(/-'(&,+''+"1'(F(!;"B&1+-

9**0KMM[-n-;%+<-$'"</"B<'+M[-n-;%+M+1)&SN9*,;g;-1/hCcQ-nN+)hCEDcQ-nN1-n+Bh7n0#'*+�GE*"0;"/$&)1+9�GE0;+1"Bc![#N+)hGc![#N1-n+BhP^O8LZ8L�GE!P5L`L`ZLc*+0N[-nhC

CWX

j"�&(e&$2+�_(6/$+%#;*#$-;(71'*+*#*&(".(!;"B&1+-( L,+''+"1'(".(`&*9-1&(-1)(8+*$"#'(^S+)&(+1(6/$+%#;*#$&(

9**0KMM[-n-;%+<-$'"</"B<'+M[-n-;%+M+1)&SN9*,;g;-1/hCcQ-nN+)hCGHcQ-nN1-n+BhO&;&�IH�ZL�GE[,&*+f'*B-�GEB�GE+n0#'*+9�GE*"0;"/$&)1+9�GE0;+1"Bc![#N+)hGc![#N1-n+BhP^O8LZ8L�GE!P5L`L`ZLc*+0N[-nhC�Q6q6\LIN:^P

CWV

j#'*+1(Z-$*;&3_(Q-;&3(d-$*_(e+%[+(!=-;&'(7LLP

L]P\^5784(P^\7Io(^P:7^8!(A^5(`^5L(!@!:6786Z\L((((((((\7eL!:^IQ(68O(ALLO(P5^O@I:7^8((((((((((A+1-;($&0"$*(."$(A$+&1)'(".(*9&(L-$*9(

9**0KMM===<+&&0<&#M0#2;+%-*+"1'M0#2;+%-*+"1'<090g0#2hXbHCb

CWb

Q-*9;&&1(A-$;&3_(!-1(O+&/"(!*-*&(@1+B&$'+*3_(@!65"2&$*(j-%['"1_(O#[&(@1+B&$'+*3_(@!6

I-$2"1F=-*&$(+1*&$-%*+"1'(=+*9(/$-'';-1)(*"(0;-1*-*+"1(%"1B&$'+"1'K(&..&%*(".(B&/&*-*+"1(%"B&$("1(*9&(0$")#%*+"1(".(&%"'3'*&,('&$B+%&'

CWD

Q&,-;(L'&1/#1_(-_(_(_(4�;+'*-1(L$)-;-_(^$9-1(4�1)�n-(-1)(d+;,+(L$)-;-

61(&%"1",+%(-1-;3'+'(-1)(&1&$/3(#'&(+1('*-[&F*",-*"(0$")#%*+"1(+1(:"[-*(0$"B+1%&(".(:#$[&3(R-2'*$-%*U

9**0KMM===<'%+&1%&)+$&%*<%",M'%+&1%&gN"2h6$*+%;&@5\cN#)+hZXeJ!FJ`JIejjFGcN#'&$hCEcN$)"%hCcN.,*hcN"$+/h'&-$%9cN'"$*h)cN)"%-1%9"$hcB+&=h%cN'&-$%9!*$7)hCCCJCDWDCCcN$&$#1^$+/+1h/""/;&cN-%%*hIEEEEHEGGCcNB&$'+"1hCcN#$;e&$'+"1hEcN#'&$+)hCEc,)HhDHJG-2)2)G-D))WHHGJ)E-WCE)).&%VJ

CJE

Q&";&+-1_(P9+00'_(Z$-%9.&;)( \+.&(I3%;&(L1B+$"1,&1*-;(P&$."$,-1%&(-1)(7,0$"B&,&1*(".(-(o"/#$*(P$")#%*(O&;+B&$3(!3'*&,(

9**0KMM%''<'1$&<#,+%9<&)#M,-+1<090g%"1*$";h)&*-+;N0#2c0#N$&0"$*N+)hCHX

CJCQ;--'(j-1(Q$-,&$\Z8\MQjQ$-,&$(I"1'#;*+1/

L1&$/3(-1)(/$&&19"#'&(/-'(&,+''+"1(+1(."")(0$")#%*+"1(%9-+1'

-'+<#%)-B+'<&)#M<<<ML1&$/3NA"")<<<MQ;--'Nj-1NQ$-,&$NFNL1&$/3N-1)N4d4N&,+''+"1'N+1NA"")NP$")#%*+"1NI9-+1'<0).(

CJG

\<(4-1(RI7IL5^_(8"$=-3U_(o<(j#-1(RA#)-1(@1+B&$'+*3_(I9+1-U

Z+",-''(&1&$/3(*$-1'+*+"1(+1($#$-;(I9+1-K(0";+%3("0*+"1'(-1)(%"F2&1&.+*'

9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+"&1&$/3F-1)F'#'*-+1-2+;+*3M)&*-+;M&1M1&='MCGECM+%")&MCDM

CJW \I6(A"")(O-*-2-'& \I6(A"")(O-*-2-'&(A;"#$(-1)("-*(.;-[&'(R`&;("/(9-B$&/$31U

9**0KMM===<;%-."")<)[M

Page 13: 0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+1(( !#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$ *#$3&)2#*0$4$5)6$.7*$.-$*#$()6 ...€¦ · ... (#’&)(0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+"1((!!"#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$

`+;[I$&-,o&;;"=(I9&&'&Z$&-)!#/-$I-'9(%$"0'P+/'I-**;&\+B+1/(%9+%[&1I9+%[&1(,&-*A+'9P"$[Z&&.

CJJ

\&1/_(5<(6<(CDDW<( �#-1*+*-*+B&($#,+1-1*(1#*$+*+"1(F(6(/$&&1('%+&1%&<(6#'*$-;+-1(j"#$1-;(".(6/$+%#;*#$-;(5&'&-$%9(JJK(WXWFbE<(

9**0KMM===<%+&'+1<"$/M)"%'MEEJFCbEMEEJFCbE<9*,;

CJH \&"0";)(I&1*&$(."$(!#'*-+1-2;&(6/$+%#;*#$& d"=(.-$()"(3"#$(.$#+*(-1)(B&/&*-2;&'(*$-B&;g( 9**0KMM===<;&"0";)<+-'*-*&<&)#M0#2'M'*-..M0-0&$'<9*,

CJX

\+'-(I#$$-1(RP$+1%+0-;(71B&'*+/-*"$U_(o-;&(@1+B&$'+*3m(!+,"1(:$+//_(@1+B&$'+*3(".(`-$3;-1)m(O-1+&;(8&0'*-)_(5+%9-$)(d"#/9*"1_(Y"")'(d";&(5&'&-$%9(I&1*&$

L..&%*'(".(\"//+1/_(P;-1*-*+"1(I"1B&$'+"1_(Z+",-''(Z#$1+1/(-1)(5&/$"=*9("1(I-$2"1(O31-,+%'(+1(Z"$1&-1(P&-*(-1)(O+0*&$"%-$0(A"$&'*'K(7,0;+%-*+"1'(."$(4;"2-;(I-$2"1(I3%;&

9**0KMM;%;#%<#,)<&)#M!%+&1%&N:9&,&'M%-$2"1<-'0

CJV\"#+'(A$&'%" Z+",-''_(."")(c('#'*-+1-2+;+*3K(

7'(*9&$&(-()+;&,,-g(9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+"&1&$/3F-1)F'#'*-+1-2+;+*3M)&*-+;M&1M1&='MGCXXM+%")&MCHM

CJb`<(6(6;*+&$+(R@1+B&$'+*3(".(I-;+."$1+-_(Z&$[;&3U_(L<(Z$-B"(R56\\:U

:9&(&%";"/+%-;(-1)('"%+-;(*$-/&)3(".(%$"0F2-'&)(2+".#&;(0$")#%*+"1(+1(*9&(6,&$+%-'

9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+"&1&$/3F-1)F'#'*-+1-2+;+*3M)&*-+;M&1M1&='MHXJXM+%")&MCCM

CJD

`-$*+1(I<(d&;;&$(-1)(4$&/"$3(6<(Q&";&+-1:9&(I&1*&$(."$(!#'*-+1-2;&(!3'*&,'_(5&0"$*(1"<(I!!EEFEJ_(611(6$2"$_(`+%9+/-1_(O&%&,2&$(X_GEEE<

\7AL(IoI\LFZ6!LO(!@!:6786Z7\7:o(78O7I6:^5!(A^5(6!!L!!`L8:(^A(:dL(@<!<A^^O(!o!:L`

%''<'1$&<#,+%9<&)#M%''N)"%MI!!EEFEJ<0).(

CHE

`-**(\"2;&3 :"=-$)'(-(.$-,&="$[(."$(-(4d4(&,+''+"1'($&)#%*+"1('*$-*&/3(."$($#$-;(;-1)(#'&(-1)(*9&(;-1)(2-'&)(+1)#'*$+&'(+1(!"#*9(Y&'*(L1/;-1)

9**0KMM%&1*$&'<&S&*&$<-%<#[M%$0$M0#2;+%-*+"1'M="$[+1/N0-0&$'<9*,

CHC

`4(53-1_(!5(6$%9&$_(56(Z+$)'&3_(I8(O-9,_(\!(d&-*9_(j6(d+%[&_(Oo(d";;+1/&$_(:L(d#S,-1_(4!(^[+1_(5(^$&1_(j:(5-1)&$'"1_(Yd(!%9;&'+1/&$(

:9&(&..&%*'(".(%;+,-*&(%9-1/&("1(;-1)($&'"#$%&' ===<%;+,-*&'%+&1%&</"BM\+2$-$3M'-0M'-0JFWM<<<M'-0JFW0$)F;-1)F$&'<0).

CHG `+%9-&;(Z+,0&9 \+.&(I3%;&(6''&'',&1*(R\I6U(".(*9&(P$")#%*+"1( ===<+1.$-<[*9<'&M.,'M#*2+;)1+1/M;%-M<<<M4$"#0

Page 14: 0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+1(( !#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$ *#$3&)2#*0$4$5)6$.7*$.-$*#$()6 ...€¦ · ... (#’&)(0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+"1((!!"#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$

L$1&'*(Of"["*"((d&1$3(O"&5"2&$*"(j&i#+&$

".(((d",&(,-)&(-1)(71)#'*$+-;(Z$&-)(+1(!=&)&1

�GEEW�GERZ$&-)U<0).

CHW

`+&(e";)_(d-11&(`"&;;&$ \+.&(I3%;&(6''&'',&1*(".(,&-*(0$")#%*+"1(F(-''&'',&1*(".(;-,2(-1)(0"$[(,&-*(0$")#%*+"1<(R8"$=&/+-1U

9**0KMM"'*.";)."$'[1+1/<1"ML1/&;'[M0#2;+%-*+"1M;+.&F%3%;&F-''&'',&1*F".F,&-*F0$")#%*+"1FF-''&'',&1*F".F;-,2F-1)F0"$[F,&-*F0$")#%*+"1F1"$=&/+-1FWWE<-'0S

CHJ

`+/#&;(A$-1%"<(!%9"";(".(Z+";"/+%-;(!%+&1%&'_(@1+B&$'+*3(".(P;3,"#*9<(O$-[&(I+$%#'_(P;3,"#*9(P\J(b66<

I-$2"1(-2'"$0*+"1(-1)('*"$-/&( 9**0KMM===<"%%</"B<#[M-%*+B+*+&'M&;+-'%9<9*,

CHH`+;-1(Of&B+%_(6;&['-1)$-(O+,+*$+f&B+% 4$&&19"#'&(L1&$/3(I"1'#,0*+"1(-1)(L1&$/3(

L..+%+&1%3<===<$#<-%-)<2/M2-&$MZ#/4d5-)<0).

CHX`+1+'*$3(".(6/$+%#;*#$&_(\+B&'*"%[(-1)(A"")(!#00;3(M(L,2$-0-(6/$"&1&$/3

Z$-n+;+-1(-/$"&1&$/3(0;-1(GEEXFGECC 9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+"&1&$/3F-1)F'#'*-+1-2+;+*3M)&*-+;M&1M1&='MXHDJM+%")&MGHM

CHV

`$<(P9+;+00&(I$+'*_(j"+1*(5&'&-$%9(I&1*$&(".(*9&(71*&$1-*+"1-;(:$-1'0"$*(A"$#,(-1)(*9&(^$/-1+'-*+"1(."$(L%"1",+%(I"F"0&$-*+"1(-1)(O&B&;"0,&1*(

5&)#%+1/(:$-1'0"$*(4$&&19"#'&(4-'(L,+''+"1'K(d"=(`#%9_(d"=(A-'*(-1)(-*(Y9-*(I"'*g(

9**0KMM===<+1*&$1-*+"1-;*$-1'0"$*."$#,<"$/Mf*$%M&1B+$"1,&1*M4d4M0$&'&1*-*+"1'<9*,;

CHb8<(j#1/2;#*9 \I6(I-'&(!*#)+&' ===<#1'<&*9n<%9M0&"0;&M9'M'%9";n$M0#2;M@8!N6HH<0).

CHD

8<(!*&$1 !*&$1($&B+&=611&S(V<(6/$+%#;*#$&

9**0KMM=&2-$%9+B&<1-*+"1-;-$%9+B&'</"B<#[M�M9**0KMM===<9,F*$&-'#$3</"B<#[M+1)&0&1)&1*N$&B+&='M'*&$1N$&B+&=N&%"1",+%'N%;+,-*&N%9-1/&M'*&$1N$&B+&=N$&0"$*<%.,

CXE

8<(!*&$1LS%&%#*+B&(!#,,-$3

9**0KMM===<9,F*$&-'#$3</"B<#[M'*&$1$&B+&=N'#,,-$3<9*,

CXC

8-1%3(8&;'"1(600-;-%9+-1(!*-*&(@1+B&$'+*3(

!*-*&(6%*+"1(P;-1(."$(5&)#%+1/(4$&&19"#'&(4-'(L,+''+"1'(."$(8"$*9(I-$";+1-Id6P:L5(D(6457I@\:@5L(!LI:^5(!:56:L47L!(

!*-*&(6%*+"1(P;-1(."$(5&)#%+1/(4$&&19"#'&(4-'(L,+''+"1'(."$(8"$*9(I-$";+1-

CXG8-",+(P&�-P&=(I&1*&$("1(4;"2-;(I;+,-*&(I9-1/&

Z+".#&;'(."$(:$-1'0"$:-:+"1K(-(I;+,-:&(0&$'0&I:+B&(

9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+".#&;'F."$F*$-1'0"$*-*+"1M)&*-+;M&1M1&='MXGEWM+%")&M

CXW

8-*9-1(P&;;&*+&$(-1)(P&*&$(:3&),&$'O-;9"#'+&(@1+B&$'+*3_(8"B-(!%"*+-_(I-1-)-

I-;"$+&'(+1(I"1*&S*<(\+.&(I3%;&(P&$'0&%*+B&'("1(!#'*-+1-2+;+*3+1(71)#'*$+-;(A"")(P$")#%*+"1(R0$&'&1*-*+"1U

-'+<#%)-B+'<&)#M<<<A"")<<<M8-*9-1NP&;;&*+&$N-1)NP&*&$N:3&),&$'NFNI-;"$+&'N+1NI"1*&S*<0).

CXJ8-*+"1-;(O&B&;"0,&1*(-1)(5&."$,(I",,+''+"1((F(I9+1-

8-*+"1-;(I;+,-*&(I9-1/&(P$"/$-,(FI9+1- 9**0KMM===<%9+1-<"$/<%1M&1/;+'9M&1B+$"1,&1*MGCWXGJ<9*,�J

CXH

8-*#$-;(5&'"#$%&'(I-1-)- I",,&$%+-;(-1)(71'*+*#*+"1-;(I"1'#,0*+"1(".(L1&$/3(!#$B&3(((((((((((!#,,-$3(5&0"$*(T(j#1&(GEEV(

9**0KMM"&&<1$%-1</%<%-M%"$0"$-*&M'*-*+'*+%'M1&#)M)0-M)-*-N&M0#2;+%-*+"1'<%.,g-**$hE

Page 15: 0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+1(( !#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$ *#$3&)2#*0$4$5)6$.7*$.-$*#$()6 ...€¦ · ... (#’&)(0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+"1((!!"#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$

CXX 8+&;'(d-;2&$/_(5-1)+(O-;/--$)(c(j"91(d&$,-1'&1O&0-$*,&1*(".(6/$"&%";"/3(-1)(L1B+$"1,&1*_(@1+B&$'+*3(".(6-$9#'

O-1+'9(&S0&$+&1%&'(#'+1/(;+.&(I3%;&(6''&'',&1*(R\I6U(-'(-(*"";(."$(-''&''+1/(-(;+B&'*"%[(0$")#%*u'(&1&$/3(#'&(-1)(&1B+$"1,&1*-;(+,0-%*(*9$"#/9(+*'(;+.&(%3%;&

-'+<#%)-B+'<&)#M<<<ML1&$/3<<<M8+&;'Nd-;2&$/N&*N-;NFN\I6N."$N;+B&'*"%[N0$")#%*'<0).

CXV

8+&;'(j#1/2;#*9(L!@F'&$B+%&'(\*)<_(@'*&$_(!=+*n&$;-1)(

L1B+$"1,&1*-;(+,0-%*'(".(."")(0$")#%*'(+1B&'*+/-*&)(+1(;+.&(%3%;&((((((((((((-''&'',&1*(

-'+<#%)-B+'<&)#M<<<M8+&;'Nj#1/2;#*9FL1BN7,0-%*'N".NA"")NP$")#%*'N71B&'*+/-*&)N+1N\I6<0).(

CXb

8+&;'(j#1/2;#*9_(5";.(A$+'%9[1&%9* 71)+%-*"$'(."$(`"1+*"$+1/(L1B+$"1,&1*-;(5&;&B-1*((((((((((:$&1)'(".(A"")(I"1'#,0*+"1

(===<&'#F'&$B+%&'<%9

CXD^..+%&(".(I;+,-*&(I9-1/& L;+-'%9(5&B+&=<(611&S("1(,&-'#$&,&1*(-1)(

0$"f&%*+"1'<(61-;3*+%-;(6#)+*9**0KMM===<"%%</"B<#[M0#2;+%-*+"1'M+1)&S<9*,

CVE^..+%&(".(I;+,-*&(I9-1/& L;+-'%9(5&B+&=<(61-;3*+%-;(-#)+*<(LS&%#*+B&(

!#,,-$39**0KMM===<"%%</"B<#[M0#2;+%-*+"1'M+1)&S<9*,

CVC ^..+%&(".(I;+,-*&(I9-1/&_(@Q L;+-'%9(5&B+&=<(A#;;($&0"$* 9**0KMM===<"%%</"B<#[M0#2;+%-*+"1'M+1)&S<9*,

CVG ^..+%&(".(I;+,-*&(I9-1/&_(@Q L;+-'%9(5&B+&=<(LS&%#*+B&(!#,,-$3( 9**0KMM===<"%%</"B<#[M0#2;+%-*+"1'M+1)&S<9*,

CVW

P<`<(8)&/=-C_(6<8<(d$+'*"BG_(j<(6$"/"W_(5<L<(!9&..+&;)JY-'9+1/*"1(!*-*&(@1+B&$'+*3C_(P&11'3;B-1+-(!*-*&(@1+B&$'+*3G_(e+$/+1+-(:&%9<W_(\"#+'+-1-(!*-*&(@1+B&$'+*3J(

6(5Le7LY(^A(6``^876(L`7!!7^8!(`7:746:7^8(:LId87�@L!(A^5(I^8IL8:56:LO(687`6\(ALLO784(^PL56:7^8!<

9**0KMM===<-/<+-'*-*&<&)#M=-'*&,/,*M`+*+/-*+"1NI"1.&$&1%&N0$"%&&)+1/'MI"1.&$&1%&�GEP$"%&&)+1/'<9*,

CVJ

P-#;(L-$;F:"$1+-+1&1_(4&1&$-;(`+;;'(71%<(!&0*&,2&$(Cb_(GEED(

`PI6(!#'*-+1-2;&(0-%[-/+1/ ===<0%-<'*-*&<,1<#'M"&-M'*&=-$)'9+0M'0&-[&$'MEDEDCb&-$;F*"$1+-+1&1<0).(

CVH

P&*&$(q##$2+&$j"'(B-1()&(e""$&1_(L)'

!#/-$%-1&(&*9-1";(F(I"1*$+2#*+"1'(*"(%;+,-*&(%9-1/&(,+*+/-*+"1(-1)(*9&(&1B+$"1,&1*

9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+".#&;'F."$F*$-1'0"$*-*+"1M)&*-+;M&1M1&='MbVGXM+%")&M

CVX

P";;3(L$+%['&14;"2-;(A"")(!&%#$+*3(-1)(L1B+$"1,&1*-;(I9-1/&(R4LI6A!U<(L1B+$"1,&1*-;(I9-1/&(71'*+*#*&_((((((((((((((((((((((^S."$)(@1+B&$'+*3

Y+;;(,-1-/+1/(."")('3'*&,'(."$($&'+;+&1%&(,-[&(#'(,"$&(."")('&%#$&g

===<)&B&1*'<"$/<#[MI;+,-*&F&$+['&1F0$&'FCCFEb<00*

CVV

5(6(\(P(d(L(<(d(<(!(7(`(!(_(6(!(:(\(L(o(d(6(!(:(7(8(4(!((_(Z(L(5(8(d(6(5(O(!(I(d(\(6(`(6(O(7(8(4(L(5(_(4(6(7(\(:(6o(\(^(5((-1)(P(L(:(L(!(`(7(:(d(

L1&$/3(%$"0'K(%#$$&1*('*-*#'(-1)(.#*#$&(0$"'0&%*'

4;"2-;(I9-1/&(Z+";"/3(RGEEXU(CG_(GEHJTGEVX_()"+K(CE<CCCCMf<CWXHFGJbX<GEEX<ECCXW<S9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+".#&;'F."$F*$-1'0"$*-*+"1M)&*-+;M&1M1&='MCHEGM+%")&MJM

CVb5<(L<(d<(!+,'(RI&1*$&(".(L1&$/3(5&'&-$%9_(`-''&3(@1+B&$'+*3U

L1&$/3(-1)(.#&;="") 9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+"&1&$/3F-1)F'#'*-+1-2+;+*3M)&*-+;M&1M1&='MCCbEM+%")&MCHM

CVD 5<(L)=-$)'(R7L!U_(!<(!n&[&$&'(R7P:!U_(A<(8&#=-9;(R7P:!U_(e<(`-9+&#(R7L!U

Z+".#&;'(+1(*9&(L#$"0&-1(%"1*&S*K(.-%*'(-1)(#1%&$*-+1*+&'

9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+"&1&$/3F-1)F'#'*-+1-2+;+*3M)&*-+;M&1M1&='MJCJVM+%")&MCCM

Page 16: 0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+1(( !#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$ *#$3&)2#*0$4$5)6$.7*$.-$*#$()6 ...€¦ · ... (#’&)(0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+"1((!!"#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$

CbE5<!<(4-*&'(@1+B&$'+*3(".(Q&1*#%[3(

@!(-1+,-;(.&&)+1/("0&$-*+"1'(-+$(&,+''+"1'(,+*+/-*+"1<(!*-*&(".('%+&1%&(

9**0KMM===<-/<+-'*-*&<&)#M=-'*&,/,*M`+*+/-*+"1NI"1.&$&1%&N0$"%&&)+1/'MI"1.&$&1%&�GEP$"%&&)+1/'<9*,

CbC

5-1)+(O-;/--$)_(8+&;'(d-;2&$/(c(j"91(L<(d&$,-1'&1k(@1+B&$'+*3(".(6-$9#'(

O-1+'9(0"$[(0$")#%*+"1(61(&1B+$"1,&1*-;(-''&'',&1*(

9**0KMM===<.%$1<"$/<#[M$&'&-$%9\+2M$&'&-$%9;+2<090g+)hJ

CbG5-1)+(\#1)'9�f(O-;/--$) :9&(&1B+$"1,&1*-;(+,0-%*(".(0"$[(0$")#%*+"1(

.$",(-(;+.&(%3%;&(0&$'0&%*+B&===<;%-."")<)[M6.9-1);+1/WX<0).(

CbW5-1)3(!%91&0.I5!(5&0"$*(."$(I"1/$&''

L1&$/3(@'&(+1(6/$+%#;*#$&KZ-%[/$"#1)(-1)(7''#&'

===<1-*+"1-;-/;-=%&1*&$<"$/M-''&*'M%$'M5\WGXVV<0).(

CbJ

5&2&%%-(Y9+*&L1B+$"1,&1*-;(I9-1/&(71'*+*#*&^S."$)(@1+B&$'+*3(I&1*$&(."$(*9&(L1B+$"1,&1*@1+*&)(Q+1/)",$&2&%%-<=9+*&t"#%&<"S<-%<#[

I-$2"1(/"B&$1-1%&(.$",(-('3'*&,'0&$'0&%*+B&K(-1(+1B&'*+/-*+"1(".(."")0$")#%*+"1(-1)(%"1'#,0*+"1(+1(*9&(@Q

===<&%+<"S<-%<#[M$&'&-$%9M&1&$/3M)"=1;"-)'M&%&&&EVM=9+*&<0).

CbH

59&**(6<(Z#*;&$Ck(c(Y+;;+-,(A<(\-#$-1%&GkC((`"1/-2-3<%",_(P<^<(Z"S(EGDC_(`&1;"(P-$[_(I6(DJEGX_(@!6G((!,+*9'"1+-1(:$"0+%-;(5&'&-$%9(71'*+*#*&_(60-$*-)"(EbJWFEWEDG_(Z-;2"-_(61%|1_P-1-,-kLF,-+;K(;-#$-1%&=t'+<&)#

7'("+;(0-;,(*9&(1&S*(&,&$/+1/(*9$&-*(*"*9&(6,-n"1g

`"1/-2-3<%",(^0&1(6%%&''(j"#$1-;(F(:$"0+%-;(I"1'&$B-*+"1(!%+&1%&(e";<GRCUKCFCE_(GEED9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M'"$*F23F)-*&M)&*-+;M&1M1&='MCCXJbM+%")&MWM

CbX5+%9(4$-1*P#$)#&(@1+B&$'+*

4$&&19"#'&(4-'(L,+''+"1'(.$",(^0&1(`-1#$&(!*"$-/&

9**0KMM===<&S*&1'+"1<"$/M0-/&'M4$&&19"#'&N4-'NL,+''+"1'N.$",N61+,-;N6/$+%#;*#$&�e+&=NL1*+$&NP$&'&1*-*+"1

CbV

5+%9(P+$"/_(6''"%+-*&(O+$&%*"$(\&"0";)(I&1*&$(."$(!#'*-+1-2;&(6/$+%#;*#$&(

:9&(LB";#*+"1(".(A"")(`+;&'(-1)(+*'(\+,+*-*+"1'(-'(-1(71)+%-*"$(".(L1&$/3((((((((@'&(-1)(I;+,-*&(7,0-%*(

===<-%&&&<"$/M%"1.MEb-/M0$&'&1*-*+"1'M5P+$"/<0).

Cbb

5+%9(P+$"/_(6''"%+-*&(O+$&%*"$_(\&"0";)(I&1*&$(."$(!#'*-+1-2;&(6/$+%#;*#$&((((5&2&%%-(5-',#''&1_(4$-)#-*&(!*#)&1*_(7!@(I";;&/&(".(Z#'+1&''(

6''&''+1/(.#&;(&..+%+&1%3(-1)(I^G(&,+''+"1'(".(((*="(;"%-;(."")()+'*$+2#*+"1("0*+"1'(+1(7"=-(

9**0KMM===<;&"0";)<+-'*-*&<&)#M0#2'M'*-..M0-0&$'<9*,

CbD

5+%9(P+$"/_(&)#%-*+"1(%""$)+1-*"$_(\&"0";)(I&1*&$(."$(!#'*-+1-2;&(6/$+%#;*#$&(:+,"*93(e-1(P&;*_('*#)&1*_(7"=-(!*-*&(@1+B&$'+*3(6/$+%#;*#$&(c(Z+"'3'*&,'(L1/+1&&$+1/((((((Q-,3-$(L1'9-3-1_(-)f#1%*(-''+'*-1*(0$".&''"$_(@1+B&$'+*3(".(8"$*9&$1(7"=-((((((((L;;&1(I""[_('#,,&$(+1*&$1_(\&"0";)(I&1*&$(."$(!#'*-+1-2;&(6/$+%#;*#$&(

A"")_(A#&;_(-1)(A$&&=-3'K(61(7"=-(0&$'0&%*+B&("1(9"=(.-$(."")(*$-B&;'_((.#&;(#'-/&_(-1)(/$&&19"#'&(/-'(&,+''+"1'(

9**0KMM===<;&"0";)<+-'*-*&<&)#M0#2'M'*-..M0-0&$'<9*,

CDE 5+%9(P+$"/_(`-$[&*+1/(c(A"")(!3'*&,'(P$"/$-,(\&-)&$_(\&"0";)(I&1*&$(."$(!#'*-+1-2;&(6/$+%#;*#$&(

I9&%[+1/(*9&(."")(")",&*&$K(I",0-$+1/(."")(,+;&'(."$(;"%-;(B&$'#'(%"1B&1*+"1-;(0$")#%&('-;&'(*"(7"=-(+1'*+*#*+"1'(

9**0KMM===<;&"0";)<+-'*-*&<&)#M0#2'M'*-..M0-0&$'<9*,

Page 17: 0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+1(( !#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$ *#$3&)2#*0$4$5)6$.7*$.-$*#$()6 ...€¦ · ... (#’&)(0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+"1((!!"#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$

(((((61)$&=(Z&1f-,+1_('*#)&1*_(7"=-(!*-*&(@1+B&$'+*3(6/$+%#;*#$-;(c(Z+"'3'*&,'(L1/+1&&$+1/(

CDC

5+%9(P+$"/_(`-$[&*+1/(-1)(A"")(!3'*&,'(P$"/$-,(\&-)&$_(\&"0";)(I&1*&$(61)$&=(Z&1f-,+1_('*#)&1*_(7"=-(!*-*&(@1+B&$'+*3(6/$+%#;*#$-;(c(Z+"'3'*&,'(L1/+1&&$+1/(

I-;%#;-*+1/(."")(,+;&'(."$(-(,#;*+0;&(+1/$&)+&1*(."")(0$")#%*

CDG

5+%9-$)(Z&**'_(j&,,-(4"$1-;;_(j"91(d#/9&'_(8&+;(Q-3&_(O"#/(`%8&-;;(-1)(61)3(Y+;*'9+$&_(:9&(`&*(^..+%&(d-);&3(I&1*$&

A"$&'*'(-1)(&,+''+"1'( 9**0KMM===<"%%</"B<#[M0#2;+%-*+"1'M+1)&S<9*,

CDW

5+%9-$)(O""$12"'%9(-1)(5"1-;)(!*&&12;+[ 5"#1)(:-2;&("1(!#'*-+1-2;&(O&B&;"0,&1*(Z7^A@L\!K(7!(:dL(I@5L(Y^5!L(:d68(:dL(O7!L6!Lg(

9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+".#&;'F."$F*$-1'0"$*-*+"1M)&*-+;M&1M1&='MCCbJM+%")&MCM

CDJ

5"2&$*(j<(q",&$_(61*"1+"(:$-2#%%"_(^;+B&$(B-1(!*$--*&1(-1)(O&2"$-9(6<(Z"''+"(71*&$1-*+"1-;(Y-*&$(`-1-/&,&1*(71'*+*#*&(P(^(Z"S(GEVH_(I";",2"_(!$+(\-1[-(

5&'&-$%9(5&0"$*(CECI-$2"1_(\-1)(-1)(Y-*&$K(6(4;"2-;(61-;3'+'(".(*9&(d3)$";"/+%(O+,&1'+"1'(".(I;+,-*&(I9-1/&(`+*+/-*+"1(*9$"#/9(6.."$&'*-*+"1M(5&."$&'*-*+"1(

===<%'+<%/+-$<"$/M-$+)+*3M;+*Mq",&$�GE&*�GE-;�GEGEEV<0).

CDH!<(!+&;9"$'*_(j<(Y<(`";&1--$_(O<(^..&$,-1' Z+".#&;'(+1(6.$+%-(F(61(-''&'',&1*(".($+'['(-1)(

2&1&.+*'(."$(6.$+%-1(=&*;-1)'9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+"&1&$/3F-1)F'#'*-+1-2+;+*3M)&*-+;M&1M1&='MHHWCM+%")&MDM

CDX!-$-9(O&Y&&$)* 7'(\"%-;(A"")(Z&**&$g 9**0KMM===<="$;)=-*%9<"$/M'&-$%9M1")&M;"%-;�."")

CDV

!-$-9(Q$#'&C(611-(A;3'fzG_(8-)f-(Q-'0&$%n3[W_(-1)(6'*$+)(!%9";nC(C<L%"*$#'*(G<!7QF!=&)+'9(71'*+*#*&(."$(A"")(-1)(Z+"*&%91";"/3(W<:9&(71'*+*#*&(."$(5#$-;(O&B&;"0,&1*(5&'&-$%9(

!"%+"&%"1",+%(71)+%-*"$'(-'(-(I",0;&,&1*(*"(\+.&(I3%;&(6''&'',&1*(((((((:9&(I-'&(".(!-;,"1(P$")#%*+"1(

9**0KMM+1."$-+1<"$/M0$&'&1*-*+"1'M!L7\I6N."$71*\I6NEVCE<9*,;

CDb!&;+,(6)&,(d-*+$;+-_(Z#$9-1(^n[-12_k_(I&,-;(A&$*2

L1&$/3(+10#*'(-1)(%$"0(3+&;)($&;-*+"1'9+0(+1(/$&&19"#'&(*",-*"(0$")#%*+"1(

===<-[)&1+n<&)#<*$Mn+$--*M2";#,;&$M<<<M/$&&19"#'&�GE*",-*"<0).(

CDD

!+,"1(:9",-'(I9-$;&'(^5Pd68:((:9&(@1+B&$'+*3(^.(!"#*9&$1(�#&&1';-1)((A-%#;*3(".(L1/+1&&$+1/(-1)(!#$B&3+1/(

\+.&(I3%;&(6''&'',&1*(".(*9&(P$")#%*+"1(".(5-=(`+;[

9**0KMM&0$+1*'<#'i<&)#<-#MGGM

GEE !"1f-(Z$")*(Y+*9(-''+'*-1%&(.$",(L$+%-(I9&$1"9(-1)(4-+;(A&&1'*$-((((((((((((6/$+%#;*#$-;(!#'*-+1-2+;+*3(71'*+*#*&((((((((((((((@1+B&$'+*3(".(I-;+."$1+-_(O-B+'(

6''&'',&1*(".(L1&$/3(@'&(-1)(4$&&19"#'&(4-'(L,+''+"1'(+1(*9&(A"")(!3'*&,K((((((((((((((((((((((((((((6(\+*&$-*#$&(5&B+&=(

Page 18: 0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+1(( !#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$ *#$3&)2#*0$4$5)6$.7*$.-$*#$()6 ...€¦ · ... (#’&)(0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+"1((!!"#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$

GEC

!"1f-(Z$")*_(4-+;(A&&1'*$-_(:9",-'(:",+%9_(@I(O-B+'(6/$+%#;*#$-;(!#'*-+1-2+;+*3(71'*<

:9&(\"=FI-$2"1(O+&*(71+*+-*+B&K5&)#%+1/(L1&$/3(@'&(-1)(4$&&19"#'&(4-'(L,+''+"1'(+1(*9&(A"")(!3'*&,(.$",(-(\+.&(I3%;&6''&'',&1*(P&$'0&%*+B&(R*&S*(-1)(0$&'&1*-*+"1U

-'+<#%)-B+'<&)#M<<<ML1&$/3NA"")N!3'*&,<<<MZ$")*FN\"=NI-$2"1NO+&*NFN5&)#%+1/NL1&$/3N4d4N+1NA"")N!3'<0).(F-'+<#%)-B+'<&)#M<<<ML1&$/3NA"")N!3'*&,<<<MY9+*&NP-0&$N"1NL1&$/3N@'&<0).

GEG

!*-1+';-#'(I"#1*3(6/$+%#;*#$-;(I&1*&$ O&B&;"0+1/(P$"f&%*'(-1)(P-$*1&$'(*"(I",0$&9&1'+B&;3(:$&-*(O-+$3(`-1#$&(+1(*9&(!-1(j"-i#+1(e-;;&3<((((((((((((((((((((((A"$#,(!#,,-$3

===<;/%<"$/M&B&1*'M)"%'M'fBN)-+$3<<<M'fBN)-+$3N."$#,EXN'#,<0).

GEW

!*-*+'*+%'(8&=(q&-;-1) `-1#.-%*#$+1/(L1&$/3(@'&(!#$B&3K(o&-$(&1)&)(`-$%9(GEEX(F(:-2;&'(5&B+'&)

9**0KMM===<'*-*'</"B*<1nM2$"='&N."$N'*-*'M&1B+$"1,&1*M,-1#.-%*#$+1/N&1&$/3N#'&M`-1#.-%*#$+1/L1&$/3@'&!#$B&3Nd^:Po&`-$EX<-'0S

GEJ

!*&.-1(Z$+1/&n#(d&;,#*(!%9�*n(`&/9-1(^(�Z$+&1(\&-(Q-#00+(5"2&$*(Y<(d"=-$*9(j&..(`%8&&;3(@8LP

6''&''+1/(Z+".#&;' 9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+"&1&$/3F-1)F'#'*-+1-2+;+*3M)&*-+;M&1M1&='MWXJDGM+%")&M

GEH

!*&.-1+&(Zz/& :9&(=&;;F*$-B&;;&)(3"/#$*(0"*K(;&''"1'(."$(1&=(.$&+/9*(*$-1'0"$*(0";+%+&'(-1)($&/+"1-;(0$")#%*+"1(

===<&%"F;"/+%-<%"<#[M0).M=*00EC<C<0).(

GEX!*&09&1(Z&1*;&3(-1)(5-B&11-(Z-$[&$( A""),+;&'(5&0"$*K(A+/9*+1/(4;"2-;(Y-$,+1/(-*(

*9&(A-$,&$u'(`-$[&*(9**0KMM===<."")'9-$&<1&*M

GEV

!*+f1(I"$1&;+''&1_(Z-$*(O&9#&(-1)(!*&B&1(Y"1+1[

!#,,-$3(".(-00$"-%9&'(*"(-%%"#1*(."$(-1)(,"1+*"$(+1)+$&%*(+,0-%*'(".(2+".#&;(0$")#%*+"1

9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+"&1&$/3F-1)F%;+,-*&F%9-1/&M)&*-+;M&1M1&='MWVGVCM+%")&M

GEb !#'*-+1-2;&(:-2;& A"''+;(.#&;(-1)(&1&$/3(#'& 9**0KMM===<'#'*-+1-2;&*-2;&<"$/M+''#&'M&1&$/3M

GED

:-)(Y<(P-*n&[((O&0-$*,&1*(".(I+B+;(-1)(L1B+$"1,&1*-;(L1/+1&&$+1/(((((((((((((((JGH(O-B+'(d-;;_(`I(CVCX(((((@1+B&$'+*3(".(I-;+."$1+-_(Z&$[&;&3_(I6(DJVGE((((((((((L,-+;K(0-*n&[t0-*n&[<2&$[&;&3<&)#

:9&(5&-;(Z+".#&;(I3%;&'((((((((((((((((((

9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+"&1&$/3F-1)F'#'*-+1-2+;+*3M)&*-+;M&1M1&='MJVbDM+%")&MGWM

GCE

:-$-(4-$1&**(_(A"")(I;+,-*&(5&'&-$%9(8&*="$[_(I&1*$&(."$(L1B+$"1,&1*-;(!*$-*&/3_(@1+B&$'+*3(".(!#$$&3<(

61+,-;(.&&)_(;+B&'*"%[(-1)(/$&&19"#'&(/-'(&,+''+"1'K(Y9-*(-$&(*9&(+''#&'g

9**0KMM===<.%$1<"$/<#[M$&'&-$%9\+2M$&'&-$%9;+2<090g+)hJ

GCC

:-$-(4-$1&**(-1)(:+,(j-%['"1_(A"")(I;+,-*&(5&'&-$%9(8&*="$[_(I&1*$&(."$L1B+$"1,&1*-;(!*$-*&/3_(@1+B&$'+*3(".(!#$$&3

A$"'*(Z+**&1K(-1(&S0;"$-*+"1(".($&.$+/&$-*+"1()&0&1)&1%&(+1(*9&(@Q(."")(%9-+1-1)(+*'(+,0;+%-*+"1'(."$(%;+,-*&(0";+%3

===<.%$1<"$/<#[M.$%1P#2'M0#2;+%-*+"1'MPOA'MA$"'*2+**&1�GE0-0&$<0).

GCG :-$-(4-$1&**( \+B&'*"%[F$&;-*&)(/$&&19"#'&(/-'(&,+''+"1'K( 9**0KMM===<.%$1<"$/<#[M$&'&-$%9\+2M$&'&-$%9;+2<090g+)hJ

Page 19: 0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+1(( !#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$ *#$3&)2#*0$4$5)6$.7*$.-$*#$()6 ...€¦ · ... (#’&)(0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+"1((!!"#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$

A"")(I;+,-*&(5&'&-$%9(8&*="$[_(I&1*$&(."$(L1B+$"1,&1*-;(!*$-*&/3(@1+B&$'+*3(".(!#$$&3_(@Q(

+,0-%*'(-1)("0*+"1'(."$(0";+%3(,-[&$'(

GCW

:-$-(4-$1&**(A"")(I;+,-*&(5&'&-$%9(8&*="$[I&1*$&(."$(L1B+$"1,&1*-;(!*$-*&/3

A^^O(5LA574L56:7^8K((Yd6:(7!(:dL(I^8:57Z@:7^8(:^(45LL8d^@!L(46!(L`7!!7^8!(68O(d^Y((`74d:(L`7!!7^8!(ZL(5LO@ILOg

===<.%$1<"$/<#[M.$%1P#2'M<<<MAI58�GE$&.$+/&$-*+"1�GE0-0&$�GE.+1-;<0).

GCJ

:-$-(4-$1&**_($&'&-$%9(.&;;"=(-*(*9&(@1+B&$'+*3(".(!#$$&3(-1)(O+$&%*"$(".(*9&(A"")(I;+,-*&(5&'&-$%9(8&*="$[

:9&(="$;)("1(-(0;-*&K(."")(-1)(+*'(%"1*$+2#*+"1(*"(%;+,-*&(%9-1/+1/(&,+''+"1'

===<%;+,-*&-%*+"10$"/$-,,&<"$/

GCH

:656(4658L::IL8:5L(A^5(L8e75^8`L8:6\(!:56:L4o(((((((@87eL5!7:o(^A(!@55Lo

A5@7:(68O(eL4L:6Z\L!(c@Q(45LL8d^@!L(46!(L`7!!7^8!K(L]P\^5784(:dL(5L\6:7^8!d7PAI58(="$[+1/(0-0&$(EXFEC

9**0KMM===<.%$1<"$/<#[M$&'&-$%9\+2M$&'&-$%9;+2<090g+)hH

GCX

:-$-(4-$1&**I&1*$&(."$(L1B+$"1,&1*-;(!*$-*&/3(((((((@1+B&$'+*3(".(!#$$&3

LS0;"$+1/(*9&(;+B&'*"%[('&%*"$u'(%"1*$+2#*+"1(*"(*9&(@Qu'(/$&&19"#'&(/-'(&,+''+"1'(-1)(-''&''+1/(=9-*;&''(/$&&19"#'&(/-'(+1*&1'+B&('3'*&,'(".(0$")#%*+"1((((((((((-1)(%"1'#,0*+"1(,+/9*(;""[(;+[&

9**0KMM===<.%$1<"$/<#[M$&'&-$%9\+2M$&'&-$%9;+2<090g+)hJ

GCV

:9&(I-1-)+-1(6/$+%#;*#$-;(L1&$/3(L1)(@'&(O-*-(-1)(61-;3'+'(I&1*$&(F(I6LLO6I

O+$&%*(L1&$/3(@'&(+1(6/$+%#;*#$&(-1)(*9&(A"")(!&%*"$'(F(!&0-$-*+"1(23(A-$,(:30&(-1)(\"%-*+"1(

===<#'-'[<%-M-/$+%#;*#$&M%-&)-%M0#2'MA"")<POA

GCb

:9&(I-1-)+-1(6/$+%#;*#$-;(L1&$/3(L1)(@'&(O-*-(-1)(61-;3'+'(I&1*$&(F(I6LLO6I

6(O&'%$+0*+B&(61-;3'+'(".(&1&$/3(%"1'#,0*+"1(+1(*9&(-/$+%#;*#$&(-1)(."")('&%*"$(+1(I-1-)-<(A+1-;($&0"$*

===<#'-'[<%-M-/$+%#;*#$&M%-&)-%M0#2'M0$"%&''+1/<POA

GCD

:9&(!*$-*&/3(@1+*I-2+1&*(^..+%&4"B&$1,&1*(".(*9&(@1+*&)(Q+1/)",

A"")(`-**&$'(:"=-$)'(-(!*$-*&/3(."$(*9&(GC'*(I&1*#$3(

9**0KMM===<%-2+1&*"..+%&</"B<#[M'*$-*&/3M="$[N-$&-'M."")N0";+%3<-'0S

GGE

:9&#1(e&;;+1/-_(7,[&()&(Z"&$((61+,-;(!%+&1%&'(4$"#0(Y-/&1+1/&1(@1+B&$'+*3(-1)(5&'&-$%9(I&1*$&(

71*$")#%*+"1(4d4(&,+''+"1'(.$",(-1+,-;(A"")(I9-+1'(

===<.-"<"$/M&'M&'%M%",,"1M&%/MHDEM&1M:9&#1Ne&;;+1/-_NA6^<0).

GGC:"))(!-f=-f_(`+[&(d-$;&3(-1)(I;-$&(P-$[&$_(6L6

A"$&'*(,-1-/&,&1*(+,0-%*'("1(&%"'3'*&,('&$B+%&'

9**0KMM===<"%%</"B<#[M0#2;+%-*+"1'M+1)&S<9*,

GGG

:",(Z&&$C_G_(:+,(4$-1*W_(4&"..(`"$/-1J_(j-%[(\-0'n&=+%nH_(P&*&$(613"1X_(j+,(L)=-$)'V_(P&*&$(8&;'"1V_(d-$$3(Y-*'"1b(c(O-B+)(Y+;;+-,'V(

I^`P657!^8(^A(:568!P^5:(A@L\!<(A786\(5LP^5:(RLeJH6MGMAWIU(*"(*9&((((((((((((((6@!:56\768(45LL8d^@!L(^AA7IL((((((((((((((((((((((("1(*9&(!*-/&(G('*#)3(".(\+.&F%3%;&(L,+''+"1'(61-;3'+'(".(6;*&$1-*+B&(A#&;'(."$(d&-B3(e&9+%;&'(

9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+".#&;'F."$F*$-1'0"$*-*+"1M)&*-+;M&1M1&='MGJCVM+%")&MJM

Page 20: 0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+1(( !#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$ *#$3&)2#*0$4$5)6$.7*$.-$*#$()6 ...€¦ · ... (#’&)(0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+"1((!!"#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$

GGW

:"$&(\L7:L_(71'*+*#*&(".(:$-1'0"$*(L%"1",+%'(R8"$=-3U

4d4(5&)#%*+"1(P";+%3(+1(8"$=-3(F(d"=(%-1(*9&(*$-1'0"$*('&%*"$(%"1*$+2#*&g(L..&%*'(".(0"*&1*+-;(,&-'#$&'(+1(8"$=-3

9**0KMM===<+1*&$1-*+"1-;*$-1'0"$*."$#,<"$/Mf*$%M&1B+$"1,&1*M4d4M0$&'&1*-*+"1'<9*,;

GGJ

@<(!<(O-+$3(!#'*-+1-2+;+*3(I",,+*,&1*(

(((((((((((((((((((((((((((((

O-+$3(O&;+B&$3(!3'*&,'(\+.&(I3%;&(6''&'',&1*(P5^jLI:(!@``65o(

i-<#')-+$3<%",M<<<MO-+$3O&;+B&$3!3'*&,'\I6P$"f&%*!#,,-$3EXWEED<0).

GGH

@<!<(L1B+$"1,&1*-;(P$"*&%*+"1(6/&1%3 L1&$/3(:$&1)'(+1(!&;&%*&)(`-1#.-%*#$+1/(!&%*"$'K((((^00"$*#1+*+&'(-1)(I9-;;&1/&'(."$(L1B+$"1,&1*-;;3(P$&.&$-2;&(L1&$/3(^#*%",&'(

===<&0-</"BM+'0)M0).M&1&$/3M%9WFJ<0).(

GGX

@;.(!"1&''"1(!7Q(T(:9&(!=&)+'9(71'*+*#*&(."$(A"")(-1)(((((((((((((Z+"*&%91";"/3(

\+.&(I3%;&(Z-'&)(5&'&-$%9(71(A"")(-1)(((((((((((((((6/$+%#;*#$&(

9**0KMM===<&%"*$#'*<"$/M;%-M;%-N09-'&G<9*,;

GGV

@8OP_(@8LP_(@8LP(57!^(I&1*&$ Z7^FI65Z^8(^PP^5:@87:7L!(78(L6!:L58(c(!^@:dL58(6A57I6(

9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+"&1&$/3F-1)F'#'*-+1-2+;+*3M)&*-+;M&1M1&='MWXWGVM+%")&M

GGb@1+*&)(8-*+"1'(A$-,&="$[(I"1B&1*+"1("1(I;+,-*&(I9-1/&(R@8AIIIU

8-*+"1-;(/$&&19"#'&(/-'(+1B&1*"$3()-*-(."$(*9&(0&$+")(CDDEFGEEV<(8"*&(23(*9&('&%$&*-$+-*<

9**0KMM#1.%%%<+1*M)"%#,&1*-*+"1M)"%#,&1*'M-)B-1%&)N'&-$%9M+*&,'MWHDJ<090g$&%hfc0$+$&.hXEEEEHJXE�2&/

GGD@1+*&)(!*-*&'(O&0-$*,&1*(".(6/$+%#;*#$&yGEEV(A-$,(Z+;;(:9&,&(P-0&$

L1&$/3(-1)(6/$+%#;*#$&(((((6#/#'*(GEEX

===<#')-</"BM)"%#,&1*'MA-$,2+;;EV&1&$/3<0).(

GWE

@1+B&$'+*3(".(`&;2"#$1& 4$&&19"#'&(71(-/$+%#;*#$&(8&=';&**&$(^%*"2&$(GEEb`-$%9(GEEb!&0*&,2&$(GEEV60$+;(GEEV6#/#'*(GEEXO&%&,2&$(GEEH

===</$&&19"#'&<#1+,&;2<&)#<-#(-1)(9**0KMM===</$&&19"#'&<#1+,&;2<&)#<-#M^;)1&=';&**&$'<9*,

GWC

@!(4"B&$1,&1*( A"#$*9(I;+,-*&(6%*+"1(5&0"$*(*"(*9&(@8(A$-,&="$[(I"1B&1*+"1("1(I;+,-*&(I9-1/&H<(P$"f&%*&)(4$&&19"#'&(4-'(L,+''+"1'(W<(4$&&19"#'&(4-'(71B&1*"$3(

9**0KMM===<'*-*&</"BM/M"&'M$;'M$0*'M%-$MDEWGJ<9*,9**0KMM===<'*-*&</"BM/M"&'M$;'M$0*'M%-$MDEWCb<9*,

GWG@!67O(6./9-1+'*-1 `-1#.-%*#$+1/(L1)F@'&(!#$B&3_(Q-2#;(P$"B+1%& ===<-./9-1&+%<"$/M0).M<<<M`-1#.-%*#$+1/�GEL1)�GEF@'&

�GE!#$B&3<0).

GWW

@=&(A$+*'%9&Q-*f-(d�1&%[&Q+$'*&1(Y+&/,-11

I$+*&$+-(."$(6''&''+1/(L1B+$"1F(,&1*-;_(L%"1",+%_(-1)(!"%+-;(6'0&%*'(".(Z+".#&;'(+1(O&B&;"0F(+1/(I"#1*$+&'(

9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+".#&;'F."$F*$-1'0"$*-*+"1M)&*-+;M&1M1&='MCHCGM+%")&MHM

GWJ e<(Z$#%[,-1_(Z<(d-2&$,-11(R6#'*$+-1(6%-)&,3(".(!%+&1%&'U

6/$".#&;'(2&*=&&1('#'*-+1-2+;+*3(-1)()&B&;"0,&1*(F(O&.+1+*+"1'_(-1-;3'+'(-1)(0$"*-/"1+'*'(.$",(*9&(0"+1*(".(B+&=(".('%+&1%&(

9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+"&1&$/3F-1)F'#'*-+1-2+;+*3M)&*-+;M&1M1&='MbCXVM+%")&MbM

Page 21: 0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+1(( !#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$ *#$3&)2#*0$4$5)6$.7*$.-$*#$()6 ...€¦ · ... (#’&)(0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+"1((!!"#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$

-1)($&'&-$%9

GWH

e<(O"$12#$/_(6<(A--+f_(P<(e&$=&+f(&*(-;< Z+",-''(6''&'',&1*<(6''&'',&1*(".(/;"2-;(2+",-''(0"*&1*+-;'(-1)(*9&+$(;+1['(*"(."")_(=-*&$_(2+")+B&$'+*3_(&1&$/3()&,-1)(-1)(&%"1",3(

9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+"&1&$/3F-1)F'#'*-+1-2+;+*3M)&*-+;M&1M1&='MCDGVbM+%")&MCWM

GWXe<(Q9"';-(RQ9"';-(e&1*#$&'U Y9&$&(=+;;(2+".#&;'(-1)(2+",-''(.&&)'*"%['(

%",&(.$",g9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+"&1&$/3F-1)F'#'*-+1-2+;+*3M)&*-+;M&1M1&='MJHbDM+%")&MCGM

GWVe&1[3(8-$-3-1-'=-,3_(j+,(6;*9-,_(5&1&(e-1(Z&$[&;_(((`#$$-3(`%4$&/"$(

6(P$+,&$("1(L1B+$"1,&1*-;(\+.&(I3%;&(6''&'',&1*(R\I6U(."$(6#'*$-;+-1(4$-+1'(

9**0KMM===<;%-%&1*&$<"$/M;+2$-$3M;+2$-$3<9*,;

GWb

Y+1$"%[(71*&$1-*+"1-; :9&(+,0-%*(".(&S0-1)+1/(2+".#&;(0$")#%*+"1("1(4d4(&,+''+"1'(F(Y9+*&(0-0&$(�CK(-%%&''+1/(-1)(+1*&$0$&*+1/(&S+'*+1/()-*-

9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+"&1&$/3F-1)F'#'*-+1-2+;+*3M)&*-+;M&1M1&='MCDGXDM+%")&MCM

GWDY"$;)(Z-1[_(L,2-''3(".(7*-;3(+1(`-0#*" `"n-,2+i#&(2+".#&;'(-''&'',&1* 9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+"&1&$/3F-1)F

'#'*-+1-2+;+*3M)&*-+;M&1M1&='MbCHDM+%")&MDM

GJE Y"$;)(Y-*%9(71'*+**#*& \+B&'*"%[(-1)(I;+,-*&(I9-1/& 9**0KMM===<.%$1<"$/<#[M$&'&-$%9\+2M$&'&-$%9;+2<090g+)hJ

GJC Y"$;)(Y-*%9(71'*+*#*& 7'(`&-*(!#'*-+1-2;&g 9**0KMM===<="$;)=-*%9<"$/M1")&MHJD

GJG

Y"$;)=-*%9(71'*+*#*& Z+".#&;'(."$(*$-1'0"$*-*+"1(/;"2-;(0"*&1*+-;(-1)(+,0;+%-*+"1'(."$('#'*-+1-2;&(-/$+%#;*#$&(-1)(&1&$/3(+1(*9&(GC'*(%&1*#$3<(LS*&1)&)('#,,-$3

9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+".#&;'F."$(*$-1'0"$*-*+"1M)&*-+;M&1M1&='MCJDGM+%")&MJM

GJW Y57 @!(4d4(L,+''+"1'(A;"=(I9-$* 9**0KMM===<=$+<"$/M%9-$*M#'F/$&&19"#'&F/-'F&,+''+"1'F.;"=F%9-$*

GJJ Y57 8-B+/-*+1/(*9&(8#,2&$'K(4$&&19"#'&(4-'(O-*-(-1)(71*&$1-*+"1-;(I;+,-*&(P";+%3

9**0KMM===<=$+<"$/M0#2;+%-*+"1M1-B+/-*+1/F*9&F1#,2&$'

GJH Y57<(:+,(d&$n"/ :9&(!*-*&(".(@<!<(L,+''+"1'_(P-$*(7 9**0KMM===<=$+<"$/M'*"$+&'MGEEVMECM*9&F'*-*&F#'F&,+''+"1'F0-$*F+

GJX Y57<(:+,(d&$n"/ 4$&&19"#'&(4-'&'(-1)(Y9&$&(:9&3(I",&(A$",

9**0KMM===<=$+<"$/M'*"$+&'MGEEXMCEM/$&&19"#'&F/-'&'F-1)F=9&$&F*9&3F%",&F.$",

GJV

Y57<(:+,(d&$n"/ L,+''+"1'(4$"=*9(+1(*9&(@1+*&)(!*-*&'(-1)(*9&(L#$"0&-1(@1+"1

9**0KMM===<=$+<"$/M'*"$+&'MGEEVMEGM&,+''+"1'F/$"=*9F#1+*&)F'*-*&'F-1)F&#$"0&-1F#1+"1

GJb Y57<(:+,(d&$n"/ I9+1-~'(I-$2"1(71*&1'+*3(:-$/&* 9**0KMM===<=$+<"$/M'*"$+&'MGEEVMEJM%9+1-'F%-$2"1F+1*&1'+*3F*-$/&*

GJD Y#00&$*-;(71'*+*#*&(."$(I;+,-*&_(L1B+$"1,&1*(-1)(L1&$/3

:"=-$)'(-('#'*-+1-2;&(2+",-''('*$-*&/3(T(O+'%#''+"1(0-0&$

9**0KMM===</;"2-;2+"&1&$/3<"$/M2+"&1&$/3+1."M2+"&1&$/3F-1)F'#'*-+1-2+;+*3M)&*-+;M&1M1&='MGEEWM+%")&MCVM

GHE

]#(j+-1%9#_(P9O(!&1+"$(!%+&1*+'*_(I"#1*$3(5&0$&'&1*-*+B&(_(Y"$;)(6/$"."$&'*$3(I&1*$&(R7I56AU_(

:9&(:$&1)(".(\-1)(@'&(-1)(\-1)(I"B&$(I9-1/&(-1)(+*'(7,0-%*'("1(Z+")+B&$'+*3(+1(*9&(d+,-;-3-'(((((((((((((((((((((((((((((((((((((

===<+%+,")<"$/M$&'"#$%&<090g+)hXW

Page 22: 0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+1(( !#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$ *#$3&)2#*0$4$5)6$.7*$.-$*#$()6 ...€¦ · ... (#’&)(0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+"1((!!"#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$

"#$%&'()*#&$('+),-)(#,.)#%30-,&)/011'%

C

6(�#+$"/-_(O(A&$1w1)&n_(^(^$,&" L.&%*"'()&;(,-1&f"(R$"*-%+|1F-/$+%#;*#$-U('"2$&(;"'(%"1*&1+)"'()&(,-*&$+-("$/w1+%-_(1+*$|/&1"(3(.|."$"(&1('#&;"'()&(;-($&/+|1('&,+w$+)-(0-,0&-1-<(

===<+1*-</"B<-$M-1/#+;M+1."M2";&*+1&'M0).M2";XG<0).

G

6<(O<(`%4#+$&_(!<(!+*%9(&*(-; I-$2"1(Z-;-1%&(".(*9&(:&$$&'*$+-;(Z+"'09&$&(+1(*9&(:=&1*+&*9(I&1*#$3K(61-;3'&'(".(I^G_(I;+,-*&(-1)(\-1)(@'&(L..&%*'(Y+*9(A"#$(P$"%&''FZ-'&)(L%"'3'*&,(`")&;'(R-2'*$-%*U(

9**0KMM===<-/#<"$/M0#2'M%$"''$&.MGEECMGEEE4ZEECGDb<'9*,;

W

6;-1(!#1)&$,&+&$_(5-1)-;;(5&&)&$_(-1)(5-**-1(\-;:9&(^9+"(!*-*&(@1+B&$'+*3(

!"+;(I-$2"1(!&i#&'*$-*+"1y((((((((A#1)-,&1*-;'(

"9+";+1&<"'#<&)#M-&SF.-%*M0).MEHCE<0).(

J

6;&f-1)$"(d&$$1')"$.4"2&$1-%+|1()&;(]7(O&0*"(I&1*$-;P-$-/#-3

I"2&$*#$-()&('#&;"(3(%"1*&1+)"()&(,-*&$+-("$/w1+%-(%","("0%+"1&'(0-$-(;-(%"1'&$B-%+|1()&;(-/#-(&1(&;('#&;"

%&&$<+'-<#*;<0*M%3*&)M;-,";+1-M<<<MGFDN6;&f-1)$"_�GEP-$-/#-3<0).(

H

6;,#*9(L$1'*+1/ :dL(4\^Z6\(Z\@LP578:(A^5(6(Z7^`6!!(LI^8^`o

9**0KMM%;+,-*&%9-1/&-%*+"1<2;"/'0"*<%",MGEEVMECM/#&'*F0"'*F23F-;,#*9F&$1'*+1/F/;"2-;<9*,;

X

61)$&-(Z$&%9&;*(F(A6`6 L;(%",0"'*(%","(-2"1"("$/w1+%" 9**0KMM===<$-0F-;<"$/M+1)&S<090g'&%%+"1hDc.h&)+%+"1<090c+)N0#2;+%-%+"1hCXc+)N&)+%+"1hCGD

V

61)$&=(5-='"8!Y(O&0*(".(L1B+$"1,&1*(-1)(I;+,-*&(I9-1/&

!"+;(I-$2"1(!&i#&'*$-*+"1(+1(-(I9-1/+1/(I;+,-*&(R0$&'&1*-*+"1U

===<';+)&'9-$&<1&*M<<<M'"+;F%-$2"1F'&i#&'*$-*+"1F+1F-F%9-1/+1/F%;+,-*&F0$&'&1*-*+"1

b

611&**&(I"=+&(8!Y(O&0-$*,&1*(".(P$+,-$3(71)#'*$+&'

!"+;(%-$2"1(*$-)+1/K((\&''"1'(;&-$1&)(.$",(."$&'*$3(R0$&'&1*-*+"1U

===<';+)&'9-$&<1&*M<<<M'"+;F%-$2"1F*$-)+1/F;&''"1'F;&-$1&)F.$",F."$&'*'F0$&'&1*-*+"1(

D

611+&(O#.&3_(O-B+)(Z-;)"%[(c(`-$*+1(A-$,&$<!*#)3(%",,+''+"1&)(23(YYA(*"(77LO_(=+*9(*9&(%";;-2"$-*+"1(".(7LLP(

7,0-%*'(".(I9-1/&'(+1(Q&3(L@(P";+%+&'("1(:$-)&(-1)(P$")#%*+"1(O+'0;-%&,&1*(".(!#/-$(-1)(!"3(

===<0-1)-<"$/M&#$"0&M-/$+%#;*#$&

CEZ+"&1&$/3(A&&)'*"%[(O&B&;"0,&1*(P$"/$-,'(-*(^58\

Z+"&1&$/3(I"1B&$'+"1(A-%*"$' 9**0KMM2+"&1&$/3<"$1;</"BM0-0&$'M,+'%M&1&$/3N%"1B<9*,;

CC

I<(^<(!=-1'"1 :9&(\"''(".(8+*$"/&1(-1)(^$/-1+%(`-**&$(+1(I#;*+B-*&)(Q-1'-'(!"+;'(-1)(*9&(L..&%*(".(:9+'(\"''("1(*9&(I$"0(P$")#%+1/(P"=&$(".(*9&(!"+;<(RCDCHU

Page 23: 0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+1(( !#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$ *#$3&)2#*0$4$5)6$.7*$.-$*#$()6 ...€¦ · ... (#’&)(0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+"1((!!"#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$

CG

I<(!<(O",+13(�(5<(j<(d-31&'(�(5<(B-1(61*=&$0&1

\"''(".('"+;("$/-1+%(,-**&$(-1)($&;-*&)('"+;(0$"0&$*+&'(#1)&$(;"1/F*&$,('#/-$%-1&(0$")#%*+"1("1(*="(%"1*$-'*+1/('"+;'

9**0KMM===<'0$+1/&$;+1[<%",M%"1*&1*Mf31C&X;Bbif,H*0[M

CW

I<!<(!13)&$_(:<Y<(Z$##;'&,-_(-1)(:<\<(j&1'&1 Z&'*(`-1-/&,&1*(P$-%*+%&'(*"(`+1+,+n&4$&&19"#'&(4-'(L,+''+"1'(6''"%+-*&)(=+*9A&$*+;+n&$(@'&

===<00+F00+%<"$/M00+=&2M2%$"0'<1'.M�=&2+1)&SM<<<M�.+;&MEVFJ0CX<0).

CJ

I-$;-(5+%%-$)-(!";+B-71'*+*#*&(".(61+,-;(!%+&1%&((((((61+,-;(8#*$+*+"1((((((((L:d(q#$+%9(((((((((!=+*n&$;-1)

5&0"$*(*"(*9&(-**&1*+"1(".(7PII(-2"#*(*9&()-*-('&*(-1)%-;%#;-*+"1(,&*9")(#'&)(*"(&'*+,-*&(,&*9-1&(."$,-*+"1((.$",(&1*&$+%(.&$,&1*-*+"1(".(-/$+%#;*#$-;(;+B&'*"%[(((((0"0#;-*+"1(-1)(,-1#$&(,-1-/&,&1*(+1(!=+''((((((((((((((((((((((-/$+%#;*#$&

===<2-.#<-),+1<%9M%;+,-*&$&0"$*+1/MEEHJHM<<<M+1)&S<9*,;g

CHI-$;"'(I<(I&$$+ L,+''+"1'()#&(*"(;-1)(#'&(%9-1/&'(+1(Z$-n+;(

R0$&'&1*-*+"1U&%<&#$"0-<&#M&1B+$"1,&1*M'"+;M0).M%&$$+<0).(

CX

I-*9&$+1&(Z"=3&$_(!+$+1+(Y+*9-1-_(7-1(A&11_(!-,#&;-(Z-''+_(`&/-1(\&=+'_(:-,'+1(I""0&$(R7LLPU(P-*$+%+-(Z&1+*"_(!9-+;&1)$-(`#)/-;(RZ7^U(P";+%3(O&0-$*,&1*L#$"0&-1(P-$;+-,&1*

\-1)(O&/$-)-*+"1(-1)(O&'&$*+.+%-*+"1 9**0KMM===<+&&0<&#M0#2;+%-*+"1'M0#2;+%-*+"1'<090g'&-$%9hGc0-/&hHc;+,+*hH

CV

I9$+'*"09&$(6(Y+;;+-,'_(8+-;;(P(d-1-1_(j-'"1(I(8&.._(5"2&$*(j(!%9";&'_(j"'&09(6(Z&$$3_(6(!%"**(O&11+1/(-1)(O-B+)(A(Z-[&$

6.$+%-(-1)(*9&(/;"2-;(%-$2"1(%3%;& 9**0KMM===<%2,f"#$1-;<%",M%"1*&1*MGMCMW

Cb

O-1+&;;&(`#$$-3L-$*9(P";+%3(71'*+*#*&

^+;(-1)(A"")K(6(5+'+1/(!&%#$+*3(I9-;;&1/&( 9**0KMM===<&-$*9F0";+%3<"$/M+1)&S<090gM0;-1N2N#0)-*&'MGEEHM#0)-*&Jb

CDO&0-$*,&1*(".(P$+,-$3(71)#'*$+&'(-1)(Y-*&$6#'*$-;+-(

!"+;(^$/-1+%(`-**&$ 9**0KMM===<)0+=<*-'</"B<-#M+1*&$<1'.MY&2P-/&'M:P5oFHoYXoqg"0&1

GEO"1(I",+'_(d-1[(Z&%[&$_(-1)(Q-*9$31Z-$$3(!*&;;f&'_(65!<

O&0"'+*+1/(I-$2"1(+1(*9&(Z-1[:9&(!"+;(Z-1[_(:9-*(7'

===<-$'<#')-</"BM+'M-$M-$%9+B&M<<<M2-1[EGEC<9*,

GCL)#-$)"(8"-+;;&'(Z"'%9(3<(6;+%+-()-(e&+/- Px$)+)-()&(.&$*+;+)-)()&(#1('#&;"()&(#'"(-/${%";-( 9**0KMM===<+1*-</"B<-$M'#&;"'M+1."M)"%#,&1*

"'M+1."$,&'M0&$)+)-N.&$*+;+)-)<9*,

GG

Le68(Z568^!QoY57

6457I@\:@5L(68OI\7`6:L(Id684LK:dL(P^\7Io(I^8:L]:

9**0KMM===<=$+<"$/M0#2;+%-*+"1M-/$+%#;*#$&F-1)F%;+,-*&F%9-1/&F0";+%3F%"1*&S*

GW

A(Z"'&;;"_(Z(Z#%91&$(`L6I6P

:9&(Q3"*"(P$"*"%";K(I#$$&1*(!*-*&(-1)(7,0;+%-*+"1'(."$(L@FGH(`&,2&$(!*-*&'<((6(A"%#'("1(6/$+%#;*#$&(-1)(A"$&'*$3<(

9**0KMM===<+&&0<&#M0#2;+%-*+"1'M0#2;+%-*+"1'<090g'&-$%9hCc0-/&hWHc;+,+*hH

GJA6^ I#$$&1*(="$;)(.&$*+;+n&$(*$&1)'(-1)("#*;""[(*"(

GECCMCG.*0KMM.*0<.-"<"$/M-/;M-/;;M)"%'M%=.*"CC<0).(

Page 24: 0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+1(( !#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$ *#$3&)2#*0$4$5)6$.7*$.-$*#$()6 ...€¦ · ... (#’&)(0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+"1((!!"#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$

GH

A6^_((((((((((((2-'-)"(&1(&;(*$-2-f"()&(`+%9&;(5"2&$*(71'*+*#*(8-*+"1-;()&(5&%9&$%9&(6/$"1",+i#&(P-${'_(A$-1%&

I6P:@56(OL(I65Z^8^(L8(\^!(!@L\^!(P656(@8(`Lj^5(`68Lj^(OL(\6(:7L556(

9**0KMM===<.-"<"$/M)"%$&0MEEHM3GVVD'M3GVVD'EC<9*,�:"0^.P-/&

GX

A&-$1'+)&_(P<`<(c(Y<A<(\-#$-1%&<( :$"0+%-;(O&."$&'*-*+"1(-1)(4$&&19"#'&(4-'(L,+''+"1'

9**0KMM===<'%+&1%&,-/<"$/M%/+M$&0$+1*MGDDMHXEDMCECH-<0).

GV

A"")(I;+,-*&(5&'&-$%9(8&*="$[ I""[+1/(#0(-('*"$,A"")_(/$&&19"#'&(/-'(&,+''+"1'(((-1)("#$(%9-1/+1/(%;+,-*&

===<.%$1<"$/<#[M.$%1P#2'M0#2;+%-*+"1'MPOA'MI#-!N=&2<0).

Gb

4<(:3;&$(`+;;&$_(j$ :9&(A;"=(".(L1&$/3K(P$+,-$3(P$")#%*+"1(*"(d+/9&$(:$"09+%(\&B&;'

9**0KMM===</;"2-;%9-1/&<#,+%9<&)#M/;"2-;%9-1/&CM%#$$&1*M;&%*#$&'M[;+1/M&1&$/3.;"=M&1&$/3.;"=<9*,;

GD

d<(6<(I<(O&1+&$(B-1()&$(4"1O&0-$*,&1*(".(!"+;(!%+&1%&(-1)(4&";"/3_(6/$+%#;*#$-;(@1+B&$'+*3(Y-/&1+1/&1_(Y-/&1+1/&1_(8&*9&$;-1)'d<(@<(8&#&O&0-$*,&1*(".(!"+;(-1)(Y-*&$(!%+&1%&'_(71*&$1-*+"1-;(5+%&(5&'&-$%9(71'*+*#*&_(\"'(Z-�"'_(P9+;+00+1&'

71.;#&1%&(".(^$/-1+%(,-**&$(71%"$0"$-*+"1("1(*9&(`&*9-1&(L,+''+"1(.$",(-(Y&*;-1)(5+%&(A+&;)(R62'*$-%*U

9**0KMM===<-/#<"$/M0#2'M%$"''$&.MCDDHMDJ4ZEWCDV<'9*,;

WE

d<(:9<(5+&n&2"'(-1)(6<(I<(\"&$*' 71.;#&1%&(".(;-1)(#'&(%9-1/&(-1)(*+;;-/&(0$-%*+%&("1('"+;("$/-1+%(,-**&$(+1('"#*9&$1(Z$-n+;(-1)(&-'*&$1(P-$-/#-3(R-2'*$-%*U(

9**0KMM===<'%+&1%&)+$&%*<%",M'%+&1%&gN"2h6$*+%;&@5\cN#)+hZX:IXFWeDGdOjFOcN#'&$hCEcN$)"%hCcN.,*hcN"$+/h'&-$%9cN'"$*h)cN)"%-1%9"$hcB+&=h%cN'&-$%9!*$7)hCCCbECHDVGcN$&$#1^$+/+1h/""/;&cN-%%*hIEEEEHEGGCcNB&$'+"1hCcN#$;e&$'+"1hEcN#'&$+)hCEc,)Hh&J%.HW&GG)%X)%-bD&b%DbXW&.XX2JXW

WC

d78O57Id!L8(7<(Q<((m(YL::!:L78(d<F5<(m(`6Id`�\\L5(6<(((m(Q5L@qL5(`

`&*9-1&(&,+''+"1_(1#*$+&1*()&/$-)-*+"1(-1)(1+*$"/&1(*#$1"B&$(+1()-+$3(%"='(-1)(*9&+$(';#$$3(-*()+..&$&1*(,+;[(0$")#%*+"1('%&1-$+"'(=+*9(-1)(=+*9"#*(%"1%&1*$-*&('#00;&,&1*-*+"1

9**0KMM%-*<+1+'*<.$Mg-`")&;&h-..+%9&8c%0'+)*hCVHJCbCb

WG766!:O !#,,-$3(."$(O&%+'+"1

`-[&$'(".(*9&(4;"2-;(5&0"$*===<-/-''&'',&1*<"$/M)"%'M766!:ON4\^Z6\N!O`Nj68NGEEb<0).

WW 7LLP(-1)(4dQ(I"1'#;*+1/ :dL(L8e75^8`L8:6\(7`P6I:!((^A(:56OL(\7ZL56\7!6:7^8(68O(P^:L8:76\(A\68Q784(`L6!@5L!(!*-/&(77(".(-(5&0"$*(*"(O&.$-(

9**0KMM===<+&&0<&#M0#2;+%-*+"1'M0#2;+%-*+"1'<090g'&-$%9hCc0-/&hGEc;+,+*hH

WJ 7486I7^(46!P65578<(m(57I65O^(456@( I-$2"1(P"";'(-1)(L,+''+"1'(.$",(O&."$&'*-*+"1(+1( 9**0KMM%-*<+1+'*<.$Mg

Page 25: 0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+1(( !#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$ *#$3&)2#*0$4$5)6$.7*$.-$*#$()6 ...€¦ · ... (#’&)(0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+"1((!!"#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$

d<(m(`684d7(L)#-$)"( LS*$-F:$"0+%-;(A"$&'*'(".(8"$*9&$1(6$/&1*+1-(Z&*=&&1(CDEE(-1)(GEEH(R-2'*$-%*U

-`")&;&h-..+%9&8c%0'+)*hGEDHHDCH

WH

j<(Z"/1&$((_(`<(`&-)"='((P<(In&0+& A;#S&'(".(,&*9-1&(2&*=&&1(;-1).+;;'(-1)(*9&(-*,"'09&$&K(1-*#$-;(-1)(&1/+1&&$&)(%"1*$";'(R62'*$-%*U

9**0KMM===W<+1*&$'%+&1%&<=+;&3<%",Mf"#$1-;MCCDCHWbVVM-2'*$-%*

WX

j<(!*-;&1/-(-1)(6<(Q-=-;&%^'+13(LS0&$+,&1*-;(!*-*+"1_(O&0-$*,&1*(".(!3'*&,'(-1)(L%"1",+%'(".(I$"0(P$")#%*+"1_(71'*+*#*&(".(!"+;(!%+&1%&(-1)(P;-1*(I#;*+B-*+"1_(8-*+"1-;(5&'&-$%9(71'*+*#*&(R7@84FP7ZU_(In-$*"$3'[+%9(b_(GJFCEE(P#�-=3_(P";-1)

L,+''+"1(".(/$&&19"#'&(/-'&'(-1)('"+;("$/-1+%(,-**&$(2-;-1%&(+1()+..&$&1*(.-$,+1/('3'*&,'

===<+1*&$1-*+"1-;F-/$"093'+%'<"$/M<<<M71*6/$NGEEbNGGNWNGbV<0).

WV

j-,&'(Y<(5-+%9((-1)(I9$+'*"09&$(!<(P"**&$ 4;"2-;(P-**&$1'(".(I-$2"1(O+"S+)&(L,+''+"1'(.$",(!"+;'("1(-(E<H(O&/$&&(4$+)(I&;;(Z-'+'

9**0KMM%)+-%<"$1;</"BM&0#2'M)2M)2CECHM)2CECH<9*,;

Wb

j&1'(Z"(d";,F8+&;'&1@1+B&$'+*3(".(!"#*9&$1(O&1,-$[(-1)(6-;2"$/(@1+B&$'+*3(L'2f&$/

P$&)+%*&)(&1&$/3(%$"0(0"*&1*+-;'(."$(2+"&1&$/3(((((((((="$;)=+)&(F($&/+"1'(T(L@(GH

===<)/'<)&M#0;"-)'M,&)+-MCbNj&1'NZ"Nd";,F8+&;'&1N6@L<0).(

WDj"-1(5",-13�C_(P&$&(5"B+$-G_(e<(5-,|1(e-;;&f"C_G_(c(`�(j"'x(!-1nC

\-(,-*&$+-("$/w1+%-(&1(&;('#&;" ===<.#1)-%+"1/-'1-*#$-;<"$/M!+*&I";;&%*+"1O"%#,&1*'M<<<M5^`68o<0).

JEj"913(`"1*&1&/$"(3(!&/+"(62-$%- \"'('+'*&,-'('+;B"0-'*"$-;&'(3(&;(%-;&1*-,+&1*"(

/;"2-;K(#1(2-;-1%&()&(&,+'+"1&'===<,-/</"<%$M$&BN-/$MBGX1ECNECV<0).

JC

j#-1(6<(4-;-1*+1+_(`-${-(5<(\-1)$+'%+1+(3(5")$+/"(A&$1w1)&n

`-*&$+-(^$/w1+%-(3(8#*$+&1*&'(&1(!#&;"'()&;(!#$(Z"1-&$&1'&<(5&;-%+|1(%"1(;-(*&S*#$-(3(;"'('+'*&,-'()&(0$")#%%+|1

9**0KMM===<.&$*+;+n-1)"<%",M-$*+%#;"'M`-*&$+-�GE^$/-1+%-�GE3�GE8#*$+&1*&'�GE&1�GE!#&;"'�GE)&;�GE!#$�GEZ"1-&$&1'&<-'0

JG

Q<(6<(Z&-#%9&,+1(-1)(!<(`<(`%4+11 `&*9-1&(&,+''+"1'(.$",(.&&);"*(%-**;&(.&)(2-$;&3("$(%"$1()+&*'

9**0KMMf-'<.-''<"$/M%/+M%"1*&1*M.#;;MbWMWMXHW

JW Q<(6<(j"91'"1(-1)(O<(L<(j"91'"1 `&*9-1&(&,+''+"1'(.$",(%-**;& 9**0KMMf-'<.-''<"$/

JJ

Q<(6<(!,+*9((_(7<(P<(`%:-//-$*((d<(:'#$#*- L,+''+"1'(".(8G^(-1)(8^(-''"%+-*&)(=+*9(1+*$"/&1(.&$*+;+n-*+"1(+1(+1*&1'+B&(-/$+%#;*#$&_(-1)(*9&(0"*&1*+-;(."$(,+*+/-*+"1(R62'*$-%*U

9**0KMM===W<+1*&$'%+&1%&<=+;&3<%",Mf"#$1-;MCCDCHWbbEM-2'*$-%*

JH

Q<(P-#'*+-1((_(^<(61)$x1((_(d<(d<(j-1n&1((_(5<(\-;((_(P<(!,+*9((_(4<(:+-1(_(d<(:+&''&1((_(`<(e-1(8""$)=+f[((_(P<(\<(Y"",&$

6/$+%#;*#$-;('"+;'(-'(-('+1[(*"(,+*+/-*&(I^G(&,+''+"1'(R62'*$-%*U

9**0KMM===W<+1*&$'%+&1%&<=+;&3<%",Mf"#$1-;MCCDCHWbVWM-2'*$-%*

JX

Q&;;3(I"11&;;3(4-$$3@1+B&$'+*3(".(!"#*9(O-["*-(!%9"";(".(\-=(

`-1-/+1/(I-$2"1(+1(-(Y"$;)(L%"1",3K(:9&(5";&(".(6,&$+%-1(6/$+%#;*#$&

9**0KMM===<1-*+"1-;-/;-=%&1*&$<"$/M$&'&-$%9M�%-$2"1

JV\<(6<(d-$0&$_(^<(:<(O&1,&-)_(j<(5<(A$&1&3(-1)(A<(`<(Z3&$'

O+$&%*(,&-'#$&,&1*'(".(,&*9-1&(&,+''+"1'(.$",(/$-n+1/(-1)(.&&);"*(%-**;&

9**0KMMf-'<.-''<"$/

Page 26: 0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+1(( !#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$ *#$3&)2#*0$4$5)6$.7*$.-$*#$()6 ...€¦ · ... (#’&)(0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+"1((!!"#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$

Jb

\&';+&(Q-#.,-1:9&(8&=(o"$[(:+,&'j#1&(H_(GEED

(4$&&1+1/(*9&(d&$)'K(6(8&=(O+&*(*"(I-0(4-'( ===<13*+,&'<%",

JD

\+&B&(e-1FI-,0_(Z&1+;)&(Z#f-$$-2-;611-(5+*-(4&1*+;&_(5"2&$*(j(6(j"1&'\#%-(`"1*-1-$&;;-_(I;-#)+-(^;-n-2-;(((((!&1*9+;FQ#,-$(!&;B-$-)f"#

5LP^5:!(^A(:dL(((:LId87I6\(Y^5Q784(45^@P!L!:6Z\7!dLO(@8OL5(:dL(:dL`6:7I(!:56:L4o(((A^5(!^7\(P5^:LI:7^8e^\@`L(F(777(^54687I(`6::L5

9**0KMM&#'"+;'<f$%<&%<&#$"0-<&#M&')2N-$%9+B&MP";+%+&'M!:!Y&2M'*-$*<9*,

HE

`(j�$B-1(-1)(P(P";),- I"1*&1*(".(0;-1*(1#*$+&1*'(+1(B&/&*-2;&'()&0&1)+1/("1(B-$+"#'(;+,&(,-*&$+-;'(#'&)(."$(1&#*$-;+'+1/(2"/(0&-*

===<&-#<&&Ma-/$"1",3MB";EGCM0GCEH<0).

HC

`<d<(4L5q6ZLQ(-(_(A<(P7Id\`6oL5(-(_(d<(Q75Id`688(2(4<(d6ZL5d6@L5(-(-(6#'*$+-1(5&'&-$%9(I&1*$&(!&+2&$')"$._(GJJJ(!&+2&$')"$.(6#'*$+-((2(!=&)+'9(@1+B&$'+*3(".(6/$+%#;*#$-;(!%+&1%&'_(O&0-$*,&1*(".(!"+;(!%+&1%&'_(Z"S(VECJ_(VHE(EV(@00'-;-_(!=&)&1(

:9&($&'0"1'&(".('"+;("$/-1+%(,-**&$(*"(,-1#$&(-,&1),&1*'(+1(-(;"1/F*&$,(&S0&$+,&1*(-*(@;*#1-_(!=&)&1<(6Z!:56I:

9**0KMM===W<+1*&$'%+&1%&<=+;&3<%",Mf"#$1-;MCCDCXEVVEM-2'*$-%*

HG

`-${-(j<(!-1n@8AIII(!&%$&*-$+-*

5&)#%+1/(L,+''+"1'(.$",(O&."$&'*-*+"1((+1(O&B&;"0+1/(I"#1*$+&'(R5LOOU(R0$&'&1*-*+"1U

#1.%%%<+1*M.+;&'M,&&*+1/'M<<<M-=/<<<M-=/JN%",N0;#'N$&)<0).

HW

`+1+'*$3(".(L1B+$"1,&1*(O&1,-$[

LB-;#&$+1/(-.(,#;+/&(*+;*-/(*+;($&)#[*+"1(-.(;-1)2$#/&*'(,&*-1&,+''+"1&$

9**0KMM===G<,'*<)[M%",,"1M@)/+B$-,,&MA$-,&<-'0g9**0KMM===G<,'*<)[M@)/+BM0#2;+[-*+"1&$MGEEHMbVFVXCJFXDDFHM9*,;M+1)9";)<9*,

HJ

`3;&'(5<(6;;&1_(O-B+)(j<(A$-,&_(I9$+'(d#1*+1/."$)_(I9$+'(O<(j"1&'_(j-'"1(6<(\"=&_(`-;*&(`&+1'9-#'&1c(8+%";-+(`&+1'9-#'&1

Y-$,+1/(%-#'&)(23(%#,#;-*+B&(%-$2"1(&,+''+"1'*"=-$)'(*9&(*$+;;+"1*9(*"11&

8-*#$&_(e";(JHb(�(WE(60$+;(GEED(�()"+KCE<CEWbM1-*#$&EbECD

HH

8<(!<(`-$/-$+'_(!<(6)-,-1)+-)"#_(\<(!+-.-%-(c(j<(O+-,-1*"0"#;"'\-2"$-*"$3(".(L%";"/3_(A-%#;*3(".(P93'+%'(-1)(`-*9&,-*+%'_(@1+B&$'+*3(".(:9&''-;"1+[+_(4$&&%&

8+*$"/&1(-1)(09"'09"$#'(%"1*&1*(+1(0;-1*('0&%+&'(".(`&)+*&$$-1&-1(&%"'3'*&,'(+1(4$&&%&

===<'0$+1/&$;+1[<%",M+1)&SM5EH�VWXGVGDHCGQW<0).

HX85I!M5I6 61+,-;(`-1#$&(`-1-/&,&1* 9**0KMM===<1$%'<#')-</"BM*&%91+%-;MLI!M1#

*$+&1*M-1+,-;,-1#$&<9*,;

HV P<(Z@5784d(6/$+%#;*#$-;(@1+B&$'+*3(".(:9&(8&*9&$;-1)'_(Y-/&1+1/&1_:9&(8&*9&$;-1)'(

^$/-1+%(I-$2"1(+1(!"+;'(".(*9&(Y"$;)I9-0*&$(W(+1(!I^PL(8�GW

9**0KMM/;"2-;&%";"/3<'*-1."$)<&)#M!I^PLM!I^PLNGWM!I^PLNGW<9*,;

Hb P<(Px$&nFZ-*-;;|1_(4<(^#$"_(6<(`&$+1"(3(A<( OL!I^`P^!7I7�8(OL(`6:L576(^54�87I6_( 9**0KMM&)-.";"/+-<#/$<&'M$&B+'*-M*","HM-bW*<

Page 27: 0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+1(( !#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$ *#$3&)2#*0$4$5)6$.7*$.-$*#$()6 ...€¦ · ... (#’&)(0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+"1((!!"#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$

`-%{-'O&0-$*-,&1*"()&(L)-.";"/{-(3(�#{,+%-(6/${%";-<(L'%#&;-(P";+*x%1+%-(!#0&$+"$<(@1+B&$'+)-)()&(!-1*+-/"()&(I",0"'*&;-

Z7^`6!6(`7I5^Z7686(o(L`7!7�8(OL(I^G(L8(@8(!@L\^(A^5L!:6\(Z6j^(O7AL5L8:L!(`68Lj^!(!L\e�I^\6!

9*,

HD

P-*(Z&;;-,38-*#$-;(5&'"#$%&'(O&0-$*,&1*I$-1.+&;)(@1+B&$'+*3@Q

@Q(;"''&'(".('"+;(%-$2"1(T()#&(*"(%;+,-*&(%9-1/&g(R0$&'&1*-*+"1U

&%<&#$"0-<&#M&1B+$"1,&1*M'"+;M0).M2&;;-,3<0).(

XEP&113(I9+'9";, \&%*#$&(Cb(P$")#%*+B+*3(-1)((A"")(Y&2'(

R0$&'&1*-*+"1U,+*<&)#MV<ECSMV<ECJM)"%#,&1*'M;&%NCb<0).

XC

5<(j<(!Id^\L!C(-1)(O<^<(d6\\G((CO+B+'+"1(".(Y-*&$_(L1B+$"1,&1*(-1)(A"$&'*(:&%91";"/3_(I!75_(P$&*"$+-_(!"#*9(6.$+%-(GO+B+'+"1(".(\+.&(!%+&1%&'_(Q+1/~'(I";;&/&(\"1)"1_(@Q

!I^PL(HX(F(4;"2-;(I9-1/&K(L..&%*'("1(I"1+.&$"#'(A"$&'*'(-1)(4$-'';-1)'<(:9&(I-$2"1(Z#)/&*(".(:$"0+%-;(!-B-11-'_(Y"");-1)'(-1)(4$-'';-1)'

9**0KMM===<+%'#F'%"0&<"$/M)"=1;"-)0#2'M'%"0&HXM%"1*&1*'<9*,;

XG

5<(\-;(RCU(-1)(j<`<(Q+,2;&(RGUC(:9&(^9+"(!*-*&(@1+B&$'+*3_(!%9"";(".(8-*#$-;(5&'"#$%&'_(GEGC(I"..&3(5"-)_I";#,2#'_(^d_(JWGCEG(8-*+"1-;(!"+;(!#$B&3(I&1*&$_(@!O6F85I!_(A&)&$-;(Z#+;)+1/_(5"",(CHG_(CEEI&1*&11+-;(`-;;(8"$*9_(\+1%";1_(8L(XbHEb

!^7\(I(!78Q(78(@<!<(I5^P\68O ===<%1$<2&$[&;&3<&)#M%'$)M<<<M!"+;NIN!+1[N+1N@<!<NI$"0;-1<0).

XW

!-,(Y"")(-1)(611&**&(I"=+&5&'&-$%9(-1)(O&B&;"0,&1*(O+B+'+"1_(!*-*&(A"$&'*'(".(8&=(!"#*9(Y-;&'<

6(5&B+&=(".(4$&&19"#'&(4-'(L,+''+"1(A-%*"$'."$(A&$*+;+'&$(P$")#%*+"1<

===<+&-2+"&1&$/3F*-'[Wb<"$/M<<<M4d4NL,+''+"1NA&$*+;+n&$�GEP$")#%*+"1Nj#;3GEEJ<0).

XJ

!%+&1*+.+%(I",,+**&&("1(P$"2&;,'(".(*9&(L1B+$"1,&1*(F(!I^PL

:9&(4;"2-;(I-$2"1(I3%;&<(!I^PL(8�CW 9**0KMM===<+%'#F'%"0&<"$/M)"=1;"-)0#2'M'%"0&CWM%"1*&1*'<9*,;

XH

!%+&1*+.+%(I",,+**&&("1(P$"2;&,'(".(*9&(L1B+$"1,&1*(F(!I^PL

4;"2-;(I9-1/&K(L..&%*'("1(I"1+.&$"#'(A"$&'*'(-1)(4$-'';-1)'<(!I^PL(8�HX

9**0KMM===<+%'#F'%"0&<"$/M)"=1;"-)0#2'M'%"0&HXM%"1*&1*'<9*,;

XX!%"**+'9(4"B&$1,&1* LI^!!LK(L'*+,-*+1/(I-$2"1(+1(^$/-1+%(!"+;'(F(

!&i#&'*$-*+"1(-1)(L,+''+"1'K(A+1-;(5&0"$*9**0KMM===<'%"*;-1)</"B<#[MP#2;+%-*+"1'MGEEVMEWMCXCVEHEbMC

XV

!9+;"1/(P+-"_(j+1/3#1(A-1/_(P9+;+00&(I+-+'_(P9+;+00&(P&3;+1_(o-"(d#-1/_(!*&09&1(!+*%9(c(:-"(Y-1/

:9&(%-$2"1(2-;-1%&(".(*&$$&'*$+-;(&%"'3'*&,'(+1(I9+1-

8-*#$&<(e";(JHb(�(GW(60$+;(GEED(�()"+KCE<CEWbM1-*#$&EVDJJ

Xb !*#-$*(L<(!*$-1)I";;&/&(".(A"$&'*(5&'"#$%&'_((@1+B&$'+*3(".(Y-'9+1/*"1_(!&-**;&<(4$&/"$3(Z&1."$)O&0-$*,&1*(".(P93'+%'(-1)(6'*$"1",3_(

^%&-1(!&i#&'*$-*+"1(".(I$"0((5&'+)#&(I-$2"1K(5&%3%;+1/(A"''+;(A#&;(I-$2"1(Z-%[(*"(O&&0(!&)+,&1*'(((((((((((((((((

9**0KMM0#2'<-%'<"$/M'*"[&1M0$&''0-%M0$&''0-%M.#;;MCE<CEGCM&'bECHHHX

Page 28: 0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+1(( !#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$ *#$3&)2#*0$4$5)6$.7*$.-$*#$()6 ...€¦ · ... (#’&)(0$&’&1*&)(23(45678(+1(*9&(0$&’&1*-*+"1((!!"#$%&’()*#$%+’,’,$’,$)$-../$%+’,’,0$1()&&$-)+(#+,$%)2$%..&$

@1+B&$'+*3(".(I-;+."$1+-_(7$B+1&

XD!#'*-+1-2;&(:-2;& A"''+;(.#&;(-1)(&1&$/3(#'& 9**0KMM===<'#'*-+1-2;&*-2;&<"$/M+''#&'M&1&

$/3M

VE

:-,'+1(I""0&$(-1)(Q-*9$31(6$2;-'*&$P";+%3(O&0-$*,&1*L#$"0&-1(P-$;+-,&1*

I\7`6:L(Id684L(68O(:dL(5@56\(L8e75^8`L8:(78(6(L@5^PL68(I^8:L]:K(7`P\7I6:7^8!(A^5(\68O(@!L(68O(\68O(@!L(P^\7Io(

9**0KMM===<+&&0<&#M0#2;+%-*+"1'M0#2;+%-*+"1'<090g'&-$%9hCc0-/&hCEc;+,+*hH

VC

:+,(j<(\-!-;;&_(P9<O<_(IL^P-#;(d&00&$;3_(P9<O<_(O+$&%*"$(".(5&'&-$%9(-1)(A#;2$+/9*(!%9";-$(5")-;&(71'*+*#*&

5&/&1&$-*+B&(^$/-1+%(A-$,+1/K6(!";#*+"1(*"(4;"2-;(Y-$,+1/

===<$")-;&+1'*+*#*&<"$/M.+;&'M5")-;&N5&'&-$%9NP-0&$FEVNWENEb<0).(

VG@8L!I^(F(!I^PL :9&(4;"2-;(I-$2"1(I3%;&

P";+%3(2$+&.(^%*"2&$(GEEX9**0KMM===<+%'#F'%"0&<"$/M

VW

e&$"1+[-(O"$12#$/(61)$x(A--+f(P+*-(e&$=&+f(

Z+",-''(6''&'',&1*(6''&'',&1*(".(/;"2-;(2+",-''(0"*&1*+-;'(-1)(*9&+$(;+1['(*"(."")_(=-*&$_(2+")+B&$'+*3_(&1&$/3()&,-1)(-1)(&%"1",3(

===<$+B,<1;M2+2;+"*9&&[M$-00"$*&1MHEECEGECG<0).

VJe+$/+1+-(7'9;&$P&11'3;B-1+-(!*-*&(@1+B&$'+*3

I-$2"1_(,&*9-1&(&,+''+"1'(-1)(*9&()-+$3(%"=(

===<)-'<0'#<&)#M$&'&-$%9F&S*&1'+"1M)-+$3M<<<M%-$2"1-1))-+$3<0).

VH

Y<(d<(!Id\L!784L5(O&0-$*,&1*(".(Z"*-13_(O#[&(@1+B&$'+*3_(O#$9-,_(8"$*9(I-$";+1-_(@!6(

!"+;(^$/-1+%(`-**&$K(-(!"#$%&(".(6*,"'09&$+%(I^G(I9-0*&$(J(+1(!I^PL(8�GW

9**0KMM/;"2-;&%";"/3<'*-1."$)<&)#M!I^PLM!I^PLNGWM!I^PLNGW<9*,;

VX

Y<(!,+1[(_(Q<Y<(B-1()&$(d"&[(_((((6<(Z-11+1[(-1)((((j<(O+f['*$-(

((I6\I@\6:7^8(^A(`L:d68L(P5^O@I:7^8(A5^`(L8:L57IAL5`L8:6:7^8(78(O675o(I^Y!

===<'&1*&$1"B&,<1;

VV

Y+;;+-,(6<(6;2$&%9*@1+B&$'+*3(".(`+''"#$+

\"''(".(!"+;(^$/-1+%(`-**&$(-1)(7*'(5&'*"$-*+"1

9**0KMM===<'"+;-1)9&-;*9<"$/MEC-/;+2$-$3MECECGE-;2$&%9*<#')-3$2[M;'",<9*,;

Vb

Y`^(T(Y"$;)(`&*&"$";"/+%-;(^$/-1+n-*+"1 :9&(!*-*&(".(4$&&19"#'&(4-'&'(+1(*9&(6*,"'09&$&(@'+1/4;"2-;(^2'&$B-*+"1'(:9$"#/9(GEEVK4$&&19"#'&(4-'(Z#;;&*+1(8�J:$9"#/9(GEEbK(4$&&19"#'&(4-'(Z#;;&*+1(8�H

9**0KMM===<=,"<+1*M0-/&'M0$"/M-$&0M/-=M/9/M4d42#;;&*+1<9*,;

VD

YYA :9&(P"*&1*+-;(".(65P6(+1(5&)#%+1/(O&."$&'*-*+"1(-1)(6''"%+-*&)(I-$2"1(L,+''+"1'(+1(*9&(Z$-n+;+-1(6,-n"1(R0$&'&1*-*+"1U

===<="$;)=+;);+.&<"$/

bE o#<(4<(P#n-%9&1["-_(O<(8<(Q"n;"B-_(L<(e<(!+#1"B--_(-1)(6<(4<(!-1["B'[++2-(!&B&$*'&B(71'*+*#*&(".(*9&(P$"2;&,'(".(L%";"/3(-1)(LB";#*+"1_(5#''+-1(6%-)&,3(".(!%+&1%&'_(\&1+1'[++(0$<(WW_(`"'%"=_

6''&'',&1*(".(*9&(5&'&$B&'(".(^$/-1+%(`-**&$(+1(*9&(Y"$;)u'(!"+;'K(`&*9")";"/3(-1)(5&'#;*'

L#$-'+-1(!"+;(!%+&1%&_(GEEX_(e";<(WD_(8"<(CG_(00<(CGbJTCGDX