Professional Documents
Culture Documents
Copyright Notice
Any unauthorized use or copying of the contents or any part thereof is
prohibited.
This applies in particular to trademarks, model denominations, part numbers
and drawings.
ATLAS COPCO
www.atlascopco.com
6CDNGQHEQPVGPVU
5CHGV[RTGECWVKQPU
5#('6;+%105
5#('6;24'%#76+105&74+0)+056#..#6+10
5#('6;24'%#76+105&74+0)12'4#6+10
5#('6;24'%#76+105&74+0)/#+06'0#0%'144'2#+4
)GPGTCNFGUETKRVKQP
+0641&7%6+10
#+4(.19
1+.5;56'/
%11.+0)5;56'/
%10&'05#6'5;56'/
4')7.#6+0)5;56'/
'.'%64+%#.5;56'/
'.'%64+%#.&+#)4#/5
#+4&4;'4+(&
'NGMVTQPKMQP+TGIWNCVQT
'.'-6410+-10+4')7.#614
%10641.2#0'.
&+52.#;
2+%61)4#2*575'&106*'5%4''0
/#+05%4''0
5*76&1909#40+0)
5*76&190
5'48+%'9#40+0)
5%41..+0)6*417)*#..5%4''05
%#..+0)72176.'6#0&&'921+066'/2'4#674'5
%#..+0)724700+0)*1745
%#..+0)72.1#&+0)*1745
%#..+0)72/161456#465
%#..+0)724'5'66+0)5'48+%'6+/'4
#761/#6+%4'56#46#(6'481.6#)'(#+.74'
5'61(2#4#/'6'45
%#..+0)72/1&+(;+0)70.1#&+0)24'5574'
%#..+0)72/1&+(;+0).1#&+0)24'5574'
%#..+0)72/1&+(;+0)&'921+069#40+0)6'/2'4#674'
%#..+0)72/1&+(;+0)5'48+%'6+/'45'66+0)
%#..+0)72/1&+(;+0)70+61(24'5574'
%#..+0)72/1&+(;+0)70+61(6'/2'4#674'
5'.'%6+10$'69''0;&14&1.56#46+0)
#%6+8#6+0)#761/#6+%4'56#46#(6'481.6#)'(#+.74'
5'.'%6+0)$'69''0.1%#.144'/16'%10641.
/1&+(;+0)6*'2#4#/'6'45'6
5'66+0)5
'NGMVTQPKMQP++TGIWNCVQT
'.'-6410+-10s++4')7.#614
%10641.2#0'.
(70%6+10-';5
5%41..-';5
'/'4)'0%;5612$76610
%10641.241)4#/5
/#+05%4''0/'07
%#..+0)72/'075
56#675#/'07
/'#574'&#/'07
%1706'45/'07
6'56/'07
/1&+(;2#4#/'6'45/'07
/1&+(;+0)2#4#/'6'45
/1&+(;+0)2416'%6+105'66+0)5
/1&+(;+0)5'48+%'2.#05
241)4#//+0)%.1%-(70%6+10
/1&+(;+0)%10(+)74#6+105'66+0)5
241)4#//+0)%1/24'5514%10641./1&'5
5'48+%'/'07
5#8'&#/'07
241)4#//#$.'5'66+0)5(14)#7261)#%
15&QKNEQPFGPUCVGUGRCTCVQT
15&70+6
+056#..#6+10
12'4#6+0)#0&/#+06'0#0%'+05647%6+105
2+%61)4#2*5
+PUVCNNCVKQP
&+/'05+10&4#9+0)5
+056#..#6+10241215#.
'.'%64+%%100'%6+105
2+%61)4#2*5
$'(14'+0+6+#.56#4672
+0+6+#.56#4672
$'(14'56#46+0)
56#46+0)
&74+0)12'4#6+10
%*'%-+0)6*'&+52.#;
56122+0)
6#-+0)1761(12'4#6+10
/CKPVGPCPEG
&4+8'/1614
5614#)'#(6'4+056#..#6+10
#FLWUVOGPVUCPFUGTXKEKPIRTQEGFWTGU
2TQDNGOUQNXKPI
&4;'459+6%*'5
+(&
%1/24'5514#(14)#7261)#%
+PUVTWEVKQPOCPWCN
5CHGV[RTGECWVKQPU
5CHGV[KEQPU
'ZRNCPCVKQP
&CPIGTHQTNKHG
9CTPKPI
+ORQTVCPVPQVG
5CHGV[RTGECWVKQPUFWTKPIKPUVCNNCVKQP
#P[TGURQPUKDKNKV[HQTFCOCIGQTKPLWT[TGUWNVKPIHTQOPGINGEVKPIVJGUG
RTGECWVKQPUQTPQPQDUGTXCPEGQHVJGPQTOCNECWVKQPCPFECTGTGSWKTGFHQT
KPUVCNNCVKQPQRGTCVKQPOCKPVGPCPEGCPFTGRCKTGXGPKHPQVGZRTGUUN[
UVCVGFYKNNDGFKUENCKOGFD[#VNCU%QREQ
)GPGTCNRTGECWVKQPU
6JGQRGTCVQTOWUVGORNQ[UCHGYQTMKPIRTCEVKEGUCPFQDUGTXGCNNTGNCVGFNQECNYQTMUCHGV[
TGSWKTGOGPVUCPFTGIWNCVKQPU
+HCP[QHVJGHQNNQYKPIUVCVGOGPVUFQGUPQVEQORN[YKVJNQECNNGIKUNCVKQPVJGUVTKEVGTQHVJGVYQ
UJCNNCRRN[
+PUVCNNCVKQPQRGTCVKQPOCKPVGPCPEGCPFTGRCKTYQTMOWUVQPN[DGRGTHQTOGFD[CWVJQTKUGFVTCKPGF
URGEKCNKUGFRGTUQPPGN
6JGEQORTGUUQTKUPQVEQPUKFGTGFECRCDNGQHRTQFWEKPICKTQHDTGCVJKPISWCNKV[(QTCKTQHDTGCVJKPI
SWCNKV[VJGEQORTGUUGFCKTOWUVDGCFGSWCVGN[RWTKHKGFCEEQTFKPIVQNQECNNGIKUNCVKQPCPF
UVCPFCTFU
$GHQTGCP[OCKPVGPCPEGTGRCKTYQTMCFLWUVOGPVQTCP[QVJGTPQPTQWVKPGEJGEMUUVQRVJG
EQORTGUUQTRTGUUVJGGOGTIGPE[UVQRDWVVQPUYKVEJQHHVJGXQNVCIGCPFFGRTGUUWTKUGVJG
EQORTGUUQT+PCFFKVKQPVJGRQYGTKUQNCVKPIUYKVEJOWUVDGQRGPGFCPFNQEMGF
0GXGTRNC[YKVJEQORTGUUGFCKT&QPQVCRRN[VJGCKTVQ[QWTUMKPQTFKTGEVCPCKTUVTGCOCVRGQRNG
0GXGTWUGVJGCKTVQENGCPFKTVHTQO[QWTENQVJGU9JGPWUKPIVJGCKTVQENGCPGSWKROGPVFQUQYKVJ
GZVTGOGECWVKQPCPFYGCTG[GRTQVGEVKQP
+PUVTWEVKQPOCPWCN
2TGECWVKQPUFWTKPIKPUVCNNCVKQP
6JGOCEJKPGOWUVQPN[DGNKHVGFWUKPIUWKVCDNGGSWKROGPVKPCEEQTFCPEGYKVJNQECNUCHGV[
TGIWNCVKQPU.QQUGQTRKXQVKPIRCTVUOWUVDGUGEWTGN[HCUVGPGFDGHQTGNKHVKPI+VKUUVTKEVN[HQTDKFFGP
VQFYGNNQTUVC[KPVJGTKUM\QPGWPFGTCNKHVGFNQCF.KHVKPICEEGNGTCVKQPCPFFGEGNGTCVKQPOWUVDG
MGRVYKVJKPUCHGNKOKVU9GCTCUCHGV[JGNOGVYJGPYQTMKPIKPVJGCTGCQHQXGTJGCFQTNKHVKPI
GSWKROGPV
2NCEGVJGOCEJKPGYJGTGVJGCODKGPVCKTKUCUEQQNCPFENGCPCURQUUKDNG+HPGEGUUCT[KPUVCNNC
UWEVKQPFWEV0GXGTQDUVTWEVVJGCKTKPNGV%CTGOWUVDGVCMGPVQOKPKOKUGVJGGPVT[QHOQKUVWTGCV
VJGKPNGVCKT
#P[DNCPMKPIHNCPIGURNWIUECRUCPFFGUKEECPVDCIUOWUVDGTGOQXGFDGHQTGEQPPGEVKPIVJG
RKRGU
#KTJQUGUOWUVDGQHEQTTGEVUK\GCPFUWKVCDNGHQTVJGYQTMKPIRTGUUWTG0GXGTWUGHTC[GFFCOCIGF
QTYQTPJQUGU&KUVTKDWVKQPRKRGUCPFEQPPGEVKQPUOWUVDGQHVJGEQTTGEVUK\GCPFUWKVCDNGHQTVJG
YQTMKPIRTGUUWTG
6JGCURKTCVGFCKTOWUVDGHTGGQHHNCOOCDNGHWOGUXCRQWTUCPFRCTVKENGUGIRCKPVUQNXGPVUVJCV
ECPNGCFVQKPVGTPCNHKTGQTGZRNQUKQP
#TTCPIGVJGCKTKPVCMGUQVJCVNQQUGENQVJKPIYQTPD[RGQRNGECPPQVDGUWEMGFKP
'PUWTGVJCVVJGFKUEJCTIGRKRGHTQOVJGEQORTGUUQTVQVJGCHVGTEQQNGTQTCKTPGVKUHTGGVQGZRCPF
WPFGTJGCVCPFVJCVKVKUPQVKPEQPVCEVYKVJQTENQUGVQHNCOOCDNGOCVGTKCNU
0QGZVGTPCNHQTEGOC[DGGZGTVGFQPVJGCKTQWVNGVXCNXGVJGEQPPGEVGFRKRGOWUVDGHTGGQHUVTCKP
+HTGOQVGEQPVTQNKUKPUVCNNGFVJGOCEJKPGOWUVDGCTCENGCTUKIPUVCVKPI�)'46JKUOCEJKPGKU
TGOQVGN[EQPVTQNNGFCPFOC[UVCTVYKVJQWVYCTPKPI
6JGOCEJKPGUOWUVDGKPUVCNNGFKPUWEJCYC[VJCVCPCFGSWCVGHNQYQHEQQNKPICKTKUCXCKNCDNGCPF
VJCVVJGGZJCWUVGFCKTFQGUPQVTGEKTEWNCVGVQVJGEQORTGUUQTCKTKPNGVQTEQQNKPICKTKPNGV
6JGGNGEVTKECNEQPPGEVKQPUOWUVEQTTGURQPFVQVJGNQECNEQFGU6JGOCEJKPGUOWUVDGGCTVJGFCPF
RTQVGEVGFCICKPUVUJQTVEKTEWKVUD[HWUGUKPCNNRJCUGU#NQEMCDNGRQYGTKUQNCVKPIUYKVEJOWUVDG
KPUVCNNGFPGCTVJGEQORTGUUQT
1POCEJKPGUYKVJCWVQOCVKEUVCTVUVQRU[UVGOQTKHVJGCWVQOCVKETGUVCTVHWPEVKQPCHVGTXQNVCIG
HCKNWTGKUCEVKXCVGFCUKIPUVCVKPI6JKUOCEJKPGOC[UVCTVYKVJQWVYCTPKPIOWUVDGCHHKZGFPGCT
VJGKPUVTWOGPVRCPGN
+POWNVKRNGEQORTGUUQTU[UVGOUOCPWCNXCNXGUOWUVDGKPUVCNNGFVQKUQNCVGGCEJEQORTGUUQT0QP
TGVWTPXCNXGU
EJGEMXCNXGUOWUVPQVDGTGNKGFWRQPHQTKUQNCVKPIRTGUUWTGU[UVGOU
0GXGTTGOQXGQTVCORGTYKVJVJGUCHGV[FGXKEGUIWCTFUQTKPUWNCVKQPHKVVGFQPVJGOCEJKPG'XGT[
RTGUUWTGXGUUGNQTCWZKNKCT[KPUVCNNGFQWVUKFGVJGOCEJKPGVQEQPVCKPCKTCDQXGCVOQURJGTKERTGUUWTG
OWUVDGRTQVGEVGFD[CRTGUUWTGTGNKGXKPIFGXKEGQTFGXKEGUCUTGSWKTGF
2KRGYQTMQTQVJGTRCTVUYKVJCVGORGTCVWTGKPGZEGUUQHu%
u(CPFYJKEJOC[DG
CEEKFGPVCNN[VQWEJGFD[RGTUQPPGNKPPQTOCNQRGTCVKQPOWUVDGIWCTFGFQTKPUWNCVGF1VJGTJKIJ
VGORGTCVWTGRKRGYQTMOWUVDGENGCTN[OCTMGF
+HVJGITQWPFKUPQVNGXGNQTECPDGUWDLGEVVQXCTKCDNGKPENKPCVKQPEQPUWNVVJG#VNCU%QREQ%WUVQOGT
%GPVTG
#NUQEQPUWNVVJGHQNNQYKPIUCHGV[RTGECWVKQPU5CHGV[RTGECWVKQPUFWTKPIQRGTCVKQPCPF
5CHGV[RTGECWVKQPUFWTKPIOCKPVGPCPEG
5QOGRTGECWVKQPUCTGIGPGTCNCPFOC[PQVCRRN[VQ[QWTOCEJKPG
+PUVTWEVKQPOCPWCN
5CHGV[RTGECWVKQPUFWTKPIQRGTCVKQP
#NNTGURQPUKDKNKV[HQTCP[FCOCIGQTKPLWT[TGUWNVKPIHTQOPGINGEVKPIVJGUG
RTGECWVKQPUQTD[PQPQDUGTXCPEGQHQTFKPCT[ECWVKQPCPFFWGECTG
TGSWKTGFKPKPUVCNNCVKQPQRGTCVKPIOCKPVGPCPEGQTTGRCKTGXGPKHPQV
GZRTGUUN[OGPVKQPGFYKNNDGFKUENCKOGFD[#VNCU%QREQ
)GPGTCNRTGECWVKQPU
6JGQRGTCVQTOWUVGORNQ[UCHGYQTMKPIRTCEVKEGUCPFQDUGTXGCNNTGNCVGFNQECNYQTMUCHGV[
TGSWKTGOGPVUCPFQTFKPCPEGU
+HCP[QHVJGHQNNQYKPIUVCVGOGPVUFQGUPQVEQORN[YKVJNQECNNGIKUNCVKQPVJGUVTKEVGTQHVJGVYQ
UJCNNCRRN[
+PUVCNNCVKQPQRGTCVKQPOCKPVGPCPEGCPFTGRCKTUJCNNQPN[DGRGTHQTOGFD[CWVJQTK\GFVTCKPGF
EQORGVGPVRGTUQPPGN
6JGEQORTGUUQTKUPQVEQPUKFGTGFCUECRCDNGQHRTQFWEKPICKTQHDTGCVJKPISWCNKV[(QTDTGCVJKPICKT
SWCNKV[VJGEQORTGUUGFCKTOWUVDGCFGSWCVGN[RWTKHKGFCEEQTFKPIVQNQECNNGIKUNCVKQPCPF
UVCPFCTFU
$GHQTGCP[OCKPVGPCPEGQTTGRCKTCFLWUVOGPVQTCP[EJGEMQVJGTVJCPTQWVKPGCVVGPVKQPUVQRVJG
EQORTGUUQTRTGUUVJGGOGTIGPE[UVQRDWVVQPUYKVEJQHHVJGXQNVCIGCPFFGRTGUUWTK\GVJG
EQORTGUUQT+PCFFKVKQPVJGRQYGTKUQNCVKPIUYKVEJUJCNNDGQRGPGFCPFNQEMGF
0GXGTRNC[YKVJEQORTGUUGFCKT&QPQVCRRN[KVVQ[QWTUMKPQTFKTGEVCPCKTUVTGCOCVRGQRNG0GXGT
WUGKVVQENGCPFKTVHTQO[QWTENQVJGU9JGPWUKPIKVVQENGCPGSWKROGPVFQUQYKVJGZVTGOG
ECWVKQPCPFWUGG[GRTQVGEVKQP
2TGECWVKQPUFWTKPIQRGTCVKQP
7UGQPN[VJGEQTTGEVV[RGCPFUK\GQHJQUGGPFHKVVKPIUCPFEQPPGEVKQPU9JGPDNQYKPIVJTQWIJC
JQUGQTCKTNKPGGPUWTGVJCVVJGQRGPGPFKUJGNFUGEWTGN[#HTGGGPFYKNNYJKRCPFOC[ECWUG
KPLWT[/CMGUWTGVJCVCJQUGKUHWNN[FGRTGUUWTK\GFDGHQTGFKUEQPPGEVKPIKV
2GTUQPUUYKVEJKPIQPTGOQVGN[EQPVTQNNGFOCEJKPGUUJCNNVCMGCFGSWCVGRTGECWVKQPUVQGPUWTGVJCV
VJGTGKUPQQPGEJGEMKPIQTYQTMKPIQPVJGOCEJKPG6QVJKUGPFCUWKVCDNGPQVKEGUJCNNDGCHHKZGF
VQVJGTGOQVGUVCTVGSWKROGPV
0GXGTQRGTCVGVJGOCEJKPGYJGPVJGTGKUCRQUUKDKNKV[QHVCMKPIKPHNCOOCDNGQTVQZKEHWOGU
XCRQWTUQTRCTVKENGU
0GXGTQRGTCVGVJGOCEJKPGDGNQYQTKPGZEGUUQHKVUNKOKVTCVKPIU
-GGRCNNDQF[YQTMFQQTUUJWVFWTKPIQRGTCVKQP6JGFQQTUOC[DGQRGPGFHQTUJQTVRGTKQFUQPN[
GIVQECTT[QWVTQWVKPGEJGEMU9GCTGCTRTQVGEVQTUYJGPQRGPKPICFQQT
2GQRNGUVC[KPIKPGPXKTQPOGPVUQTTQQOUYJGTGVJGUQWPFRTGUUWTGNGXGNTGCEJGUQTGZEGGFU
F$
#UJCNNYGCTGCTRTQVGEVQTU
2GTKQFKECNN[EJGEMVJCV
#NNIWCTFUCTGKPRNCEGCPFUGEWTGN[HCUVGPGF
#NNJQUGUCPFQTRKRGUKPUKFGVJGOCEJKPGCTGKPIQQFEQPFKVKQPUGEWTGCPFPQVTWDDKPI
6JGTGCTGPQNGCMU
#NNHCUVGPGTUCTGVKIJV
+PUVTWEVKQPOCPWCN
#NNGNGEVTKECNNGCFUCTGUGEWTGCPFKPIQQFQTFGT
5CHGV[XCNXGUCPFQVJGTRTGUUWTGTGNKGHFGXKEGUCTGPQVQDUVTWEVGFD[FKTVQTRCKPV
#KTQWVNGVXCNXGCPFCKTPGVKGRKRGUEQWRNKPIUOCPKHQNFUXCNXGUJQUGUGVECTGKPIQQF
TGRCKTHTGGQHYGCTQTCDWUG
+HYCTOEQQNKPICKTHTQOEQORTGUUQTUKUWUGFKPCKTJGCVKPIU[UVGOUGIVQYCTOWRCYQTMTQQO
VCMGRTGECWVKQPUCICKPUVCKTRQNNWVKQPCPFRQUUKDNGEQPVCOKPCVKQPQHVJGDTGCVJKPICKT
&QPQVTGOQXGCP[QHQTVCORGTYKVJVJGUQWPFFCORKPIOCVGTKCN
0GXGTTGOQXGQTVCORGTYKVJVJGUCHGV[FGXKEGUIWCTFUQTKPUWNCVKQPUHKVVGFQPVJGOCEJKPG'XGT[
RTGUUWTGXGUUGNQTCWZKNKCT[KPUVCNNGFQWVUKFGVJGOCEJKPGVQEQPVCKPCKTCDQXGCVOQURJGTKERTGUUWTG
UJCNNDGRTQVGEVGFD[CRTGUUWTGTGNKGXKPIFGXKEGQTFGXKEGUCUTGSWKTGF
#NUQEQPUWNVHQNNQYKPIUCHGV[RTGECWVKQPU5CHGV[RTGECWVKQPUFWTKPIKPUVCNNCVKQPCPF
5CHGV[RTGECWVKQPUFWTKPIOCKPVGPCPEG
5QOGRTGECWVKQPUCTGIGPGTCNCPFOC[PQVCRRN[VQ[QWTOCEJKPG
5CHGV[RTGECWVKQPUFWTKPIOCKPVGPCPEGQTTGRCKT
#NNTGURQPUKDKNKV[HQTCP[FCOCIGQTKPLWT[TGUWNVKPIHTQOPGINGEVKPIVJGUG
RTGECWVKQPUQTD[PQPQDUGTXCPEGQHQTFKPCT[ECWVKQPCPFFWGECTG
TGSWKTGFKPKPUVCNNCVKQPQRGTCVKPIOCKPVGPCPEGQTTGRCKTGXGPKHPQV
GZRTGUUN[OGPVKQPGFYKNNDGFKUENCKOGFD[#VNCU%QREQ
)GPGTCNRTGECWVKQPU
6JGQRGTCVQTOWUVGORNQ[UCHGYQTMKPIRTCEVKEGUCPFQDUGTXGCNNTGNCVGFNQECNYQTMUCHGV[
TGSWKTGOGPVUCPFQTFKPCPEGU
+HCP[QHVJGHQNNQYKPIUVCVGOGPVUFQGUPQVEQORN[YKVJNQECNNGIKUNCVKQPVJGUVTKEVGTQHVJGVYQ
UJCNNCRRN[
+PUVCNNCVKQPQRGTCVKQPOCKPVGPCPEGCPFTGRCKTUJCNNQPN[DGRGTHQTOGFD[CWVJQTK\GFVTCKPGF
EQORGVGPVRGTUQPPGN
6JGEQORTGUUQTKUPQVEQPUKFGTGFCUECRCDNGQHRTQFWEKPICKTQHDTGCVJKPISWCNKV[(QTDTGCVJKPICKT
SWCNKV[VJGEQORTGUUGFCKTOWUVDGCFGSWCVGN[RWTKHKGFCEEQTFKPIVQNQECNNGIKUNCVKQPCPF
UVCPFCTFU
$GHQTGCP[OCKPVGPCPEGQTTGRCKTCFLWUVOGPVQTCP[EJGEMQVJGTVJCPTQWVKPGCVVGPVKQPUVQRVJG
EQORTGUUQTRTGUUVJGGOGTIGPE[UVQRDWVVQPUYKVEJQHHVJGXQNVCIGCPFFGRTGUUWTK\GVJG
EQORTGUUQT+PCFFKVKQPVJGRQYGTKUQNCVKPIUYKVEJUJCNNDGQRGPGFCPFNQEMGF
0GXGTRNC[YKVJEQORTGUUGFCKT&QPQVCRRN[KVVQ[QWTUMKPQTFKTGEVCPCKTUVTGCOCVRGQRNG0GXGT
WUGKVVQENGCPFKTVHTQO[QWTENQVJGU9JGPWUKPIKVVQENGCPGSWKROGPVFQUQYKVJGZVTGOG
ECWVKQPCPFWUGG[GRTQVGEVKQP
2TGECWVKQPUFWTKPIOCKPVGPCPEGQTTGRCKT
#NYC[UYGCTUCHGV[INCUUGU
+PUVTWEVKQPOCPWCN
7UGQPN[VJGEQTTGEVVQQNUHQTOCKPVGPCPEGCPFTGRCKTYQTM
7UGQPN[IGPWKPGURCTGRCTVU
#NNOCKPVGPCPEGYQTMUJCNNQPN[DGWPFGTVCMGPYJGPVJGOCEJKPGJCUEQQNGFFQYP
#YCTPKPIUKIPDGCTKPICNGIGPFUWEJCUYQTMKPRTQITGUUFQPQVUVCTVUJCNNDGCVVCEJGFVQVJG
UVCTVKPIGSWKROGPV
2GTUQPUUYKVEJKPIQPTGOQVGN[EQPVTQNNGFOCEJKPGUUJCNNVCMGCFGSWCVGRTGECWVKQPUVQGPUWTGVJCV
VJGTGKUPQQPGEJGEMKPIQTYQTMKPIQPVJGOCEJKPG6QVJKUGPFCUWKVCDNGPQVKEGUJCNNDGCHHKZGF
VQVJGTGOQVGUVCTVGSWKROGPV
$GHQTGTGOQXKPICP[RTGUUWTK\GFEQORQPGPVGHHGEVKXGN[KUQNCVGVJGOCEJKPGHTQOCNNUQWTEGUQH
RTGUUWTGCPFTGNKGXGVJGGPVKTGU[UVGOQHRTGUUWTG
0GXGTWUGHNCOOCDNGUQNXGPVUQTECTDQPVGVTCEJNQTKFGHQTENGCPKPIRCTVU6CMGUCHGV[RTGECWVKQPU
CICKPUVVQZKEXCRQWTUQHENGCPKPINKSWKFU
5ETWRWNQWUN[QDUGTXGENGCPNKPGUUFWTKPIOCKPVGPCPEGCPFTGRCKT-GGRFKTVCYC[D[EQXGTKPIVJG
RCTVUCPFGZRQUGFQRGPKPIUYKVJCENGCPENQVJRCRGTQTVCRG
0GXGTYGNFQTRGTHQTOCP[QRGTCVKQPKPXQNXKPIJGCVPGCTVJGQKNU[UVGO1KNVCPMUOWUVDG
EQORNGVGN[RWTIGFGID[UVGCOENGCPKPIDGHQTGECTT[KPIQWVUWEJQRGTCVKQPU0GXGTYGNFQPQT
KPCP[YC[OQFKH[RTGUUWTGXGUUGNU
9JGPGXGTVJGTGKUCPKPFKECVKQPQTCP[UWURKEKQPVJCVCPKPVGTPCNRCTVQHCOCEJKPGKUQXGTJGCVGF
VJGOCEJKPGUJCNNDGUVQRRGFDWVPQKPURGEVKQPEQXGTUUJCNNDGQRGPGFDGHQTGUWHHKEKGPVEQQNKPI
VKOGJCUGNCRUGFVJKUVQCXQKFVJGTKUMQHURQPVCPGQWUKIPKVKQPQHVJGQKNXCRQWTYJGPCKTKU
CFOKVVGF
0GXGTWUGCNKIJVUQWTEGYKVJQRGPHNCOGHQTKPURGEVKPIVJGKPVGTKQTQHCOCEJKPGRTGUUWTGXGUUGN
GVE
/CMGUWTGVJCVPQVQQNUNQQUGRCTVUQTTCIUCTGNGHVKPQTQPVJGOCEJKPG
$GHQTGENGCTKPIVJGOCEJKPGHQTWUGCHVGTOCKPVGPCPEGQTQXGTJCWNEJGEMVJCVQRGTCVKPIRTGUUWTGU
VGORGTCVWTGUCPFVKOGUGVVKPIUCTGEQTTGEV%JGEMVJCVCNNEQPVTQNCPFUJWVFQYPFGXKEGUCTGHKVVGF
CPFVJCVVJG[HWPEVKQPEQTTGEVN[+HTGOQXGFEJGEMVJCVVJGEQWRNKPIIWCTFQHVJGEQORTGUUQTFTKXG
UJCHVJCUDGGPTGKPUVCNNGF
'XGT[VKOGVJGUGRCTCVQTGNGOGPVKUTGPGYGFGZCOKPGVJGFKUEJCTIGRKRGCPFVJGKPUKFGQHVJGQKN
UGRCTCVQTXGUUGNHQTECTDQPFGRQUKVUKHGZEGUUKXGVJGFGRQUKVUUJQWNFDGTGOQXGF
2TQVGEVVJGOQVQTCKTHKNVGTGNGEVTKECNCPFTGIWNCVKPIEQORQPGPVUGVEVQRTGXGPVOQKUVWTGHTQO
GPVGTKPIVJGOGIYJGPUVGCOENGCPKPI
/CMGUWTGVJCVCNNUQWPFFCORKPIOCVGTKCNGIQPVJGDQF[YQTMCPFKPVJGCKTKPNGVCPFQWVNGV
U[UVGOUQHVJGEQORTGUUQTKUKPIQQFEQPFKVKQP+HFCOCIGFTGRNCEGKVD[IGPWKPG#VNCU%QREQ
OCVGTKCNVQRTGXGPVVJGUQWPFRTGUUWTGNGXGNHTQOKPETGCUKPI
0GXGTWUGECWUVKEUQNXGPVUYJKEJECPFCOCIGOCVGTKCNUQHVJGCKTPGVGIRQN[ECTDQPCVGDQYNU
6JGHQNNQYKPIUCHGV[RTGECWVKQPUCTGUVTGUUGFYJGPJCPFNKPITGHTKIGTCPV
0GXGTKPJCNGTGHTKIGTCPVXCRQWTU%JGEMVJCVVJGYQTMKPICTGCKUCFGSWCVGN[XGPVKNCVGFKH
TGSWKTGFWUGDTGCVJKPIRTQVGEVKQP
#NYC[UYGCTURGEKCNINQXGU+PECUGQHTGHTKIGTCPVEQPVCEVYKVJVJGUMKPTKPUGVJGUMKPYKVJ
YCVGT+HNKSWKFTGHTKIGTCPVEQPVCEVUVJGUMKPVJTQWIJENQVJKPIPGXGTVGCTQHHQTTGOQXGVJGNCVVGT
HNWUJCDWPFCPVN[YKVJHTGUJYCVGTQXGTVJGENQVJKPIWPVKNCNNTGHTKIGTCPVKUHNWUJGFCYC[VJGP
UGGMOGFKECNHKTUVCKF
2TQVGEVJCPFUVQCXQKFKPLWT[HTQOJQVOCEJKPGRCTVUGIFWTKPIFTCKPKPIQHQKN
+PUVTWEVKQPOCPWCN
#NUQEQPUWNVHQNNQYKPIUCHGV[RTGECWVKQPU5CHGV[RTGECWVKQPUFWTKPIKPUVCNNCVKQPCPF
5CHGV[RTGECWVKQPUFWTKPIQRGTCVKQP
5QOGRTGECWVKQPUCTGIGPGTCNCPFOC[PQVCRRN[VQ[QWTOCEJKPG
+PUVTWEVKQPOCPWCN
)GPGTCNFGUETKRVKQP
+PVTQFWEVKQP
+PVTQFWEVKQP
)#WRVQ)#%CPF)#WRVQ)#%CTGUKPINGUVCIGQKNKPLGEVGFUETGYEQORTGUUQTUFTKXGPD[
CPGNGEVTKEOQVQT6JGEQORTGUUQTUCTGCKTEQQNGF
6CPMOQWPVGFXGTUKQPHQT)#WRVQ)#%
6JGEQORTGUUQTUCTGOQWPVGFQPCNCTIGCKTTGEGKXGT
)#WRVQ)#%(WNN(GCVWTG
((CTGCFFKVKQPCNN[RTQXKFGFYKVJCPCKTFT[GT
(TQPVXKGY)#WRVQ)#%VCPMOQWPVGFYKVJ'NGMVTQPKMQP+
+PUVTWEVKQPOCPWCN
(TQPVXKGY)#WRVQ)#%VCPMOQWPVGFYKVJ'NGMVTQPKMQP++
4GH
0COG
#4
#KTTGEGKXGT
#8
#KTQWVNGVXCNXG
&C
#WVQOCVKEEQPFGPUCVGQWVNGV
&E
15&FTCKPQWVNGV
QRVKQP
&O
/CPWCNEQPFGPUCVGFTCKPXCNXG
&O
/CPWCNEQPFGPUCVGFTCKPXCNXG
'4
'NGMVTQPKMQP+TGIWNCVQT
'4
'NGMVTQPKMQP++TGIWNCVQT
5
'OGTIGPE[UVQRDWVVQP
'NGEVTKEECDNGGPVT[
(NQQTOQWPVGFXGTUKQPHQT)#WRVQ)#%
6JGEQORTGUUQTUCTGKPUVCNNGFFKTGEVN[QPVJGHNQQT
)#WRVQ)#%(WNN(GCVWTG
((CTGCFFKVKQPCNN[RTQXKFGFYKVJCPCKTFT[GT
+PUVTWEVKQPOCPWCN
4GCTXKGY)#WRVQ)#%HNQQTOQWPVGF(WNN(GCVWTG
4GH
0COG
#(
#KTHKNVGT
#8
#KTQWVNGVXCNXG
%C
#KTEQQNGT
%Q
1KNEQQNGT
&C
#WVQOCVKEEQPFGPUCVGQWVNGV
&O
/CPWCNEQPFGPUCVGFTCKPXCNXG
&4
&T[GT
(0
(CPOQVQTU
/
&TKXGOQVQT
15&
1KNEQPFGPUCVGUGRCTCVQT
QRVKQP
+PUVTWEVKQPOCPWCN
#KTHNQY
(NQYFKCITCOU
)#WRVQ)#%
)#WRVQ)#%(WNN(GCVWTG
+PUVTWEVKQPOCPWCN
4GHGTGPEGU
4GH
&GUETKRVKQP
#KTKPNGV
%QORTGUUGFCKTQKN
%QORTGUUGFCKT
&
1KN
'
&T[CKT
)#WRVQ)#%
#KTFTCYPVJTQWIJHKNVGT
#(CPFQRGPKPNGVXCNXG
+8KPVQEQORTGUUQTGNGOGPV
'KUEQORTGUUGF
%QORTGUUGFCKTCPFQKNHNQYKPVQVJGCKTTGEGKXGTQKNUGRCTCVQT
166JGCKTHNQYUVJTQWIJOKPKOWO
RTGUUWTGXCNXG
8RVQCKTEQQNGT
%C
1P(WNN(GCVWTGEQORTGUUQTUVJGCKTHNQYUVJTQWIJCKTFT[GT
&4
#KTKUFKUEJCTIGFVJTQWIJQWVNGVXCNXG
#8
1KNU[UVGO
(NQYFKCITCO
1KNU[UVGOQH)#WRVQ)#%
+PUVTWEVKQPOCPWCN
4GHGTGPEGU
&GUETKRVKQP
(QT2CEM9QTMRNCEGWPKVUEQORTGUUGFCKTHNQYVQVJGCKTQWVNGVXCNXG
(QT(WNN(GCVWTGWPKVUEQORTGUUGFCKTHNQYVQVJGCKTFT[GT
#KTKPNGV
%QORTGUUGFCKTQKN
%QORTGUUGFCKT
&
1KN
)#WRVQ)#%
#KTRTGUUWTGHQTEGUVJGQKNHTQOQKNUGRCTCVQTVCPM
16VJTQWIJQKNEQQNGT
%QCPFHKNVGT
1(VQ
EQORTGUUQTGNGOGPV
'CPFVJGNWDTKECVKQPRQKPVU+PVJGQKNUGRCTCVQTVCPMOQUVQHVJGQKNKUTGOQXGF
EGPVTKHWICNN[VJGTGUVKUTGOQXGFD[QKNUGRCTCVQT
15
%QQNKPIU[UVGO
(NQYFKCITCO
%QQNKPIU[UVGO)#WRVQ)#%
4GHGTGPEGU
&GUETKRVKQP
#KTKPNGV
%QORTGUUGFCKTQKN
%QORTGUUGFCKT
&
1KN
+PUVTWEVKQPOCPWCN
)#WRVQ)#%
6JGEQQNKPIU[UVGOEQORTKUGUCKTEQQNGT
%CCPFQKNEQQNGT
%Q6JGEQQNKPICKTKUIGPGTCVGFD[HCPU
(0CPF(06JGHCPQHVJGCKTU[UVGOYKNNTWPFWTKPINQCFGFTWPPKPICPFUVQRCVWPNQCFKPI6JGHCP
QHVJGQKNU[UVGOJCUCVGORGTCVWTGUYKVEJ
&GRGPFKPIQPVJGVGORGTCVWTGQHVJGQKNVJKUUYKVEJYKNN
UVCTVVJGHCP
(0VQEQQNVJGQKN
%QPFGPUCVGU[UVGO
%QPFGPUCVGFTCKPUQP)#WRVQ)#%
%QPFGPUCVGFTCKPUQPCHNQQTOQWPVGFXGTUKQP
#NNHNQQTOQWPVGFXGTUKQPUCTGGSWKRRGFYKVJCEQPFGPUCVGVTCRKPVJGCKTQWVNGVU[UVGO6JGVTCRKU
GSWKRRGFYKVJCXCNXGHQTCWVQOCVKEFTCKPKPIFWTKPIQRGTCVKQP
&CCPFCOCPWCNN[QRGTCVGFXCNXG
&O
HQTFTCKPKPICHVGTUVQRRKPIVJGEQORTGUUQT
%QPFGPUCVGFTCKPUQPCVCPMOQWPVGF(WNN(GCVWTGXGTUKQP
CNVCPMKUUJQYP
#NNVCPMOQWPVGFXGTUKQPUGZEGRVVCPMOQWPVGFEQORTGUUQTUYKVJQWVQRVKQPCNFT[GTCTGGSWKRRGFYKVJC
EQPFGPUCVGVTCRKPVJGCKTQWVNGVU[UVGO6JGVTCRKUGSWKRRGFYKVJCXCNXGHQTCWVQOCVKEFTCKPKPIFWTKPI
QRGTCVKQP
&CCPFCOCPWCNN[QRGTCVGFXCNXG
&OHQTFTCKPKPICHVGTUVQRRKPIVJGEQORTGUUQT
6CPMOQWPVGFEQORTGUUQTUCTGRTQXKFGFYKVJCOCPWCNEQPFGPUCVGFTCKPXCNXG
&O
+PUVTWEVKQPOCPWCN
4GIWNCVKPIU[UVGO
(NQYFKCITCO
4GIWNCVKPIU[UVGOQH)#WRVQ)#%
4GHGTGPEGU
&GUETKRVKQP
1KNUGRCTCVQTVCPM
6QCKTEQQNGT
7PNQCFKPI
+HVJGCKTEQPUWORVKQPKUNGUUVJCPVJGCKTQWVRWVQHVJGEQORTGUUQTVJGPGVRTGUUWTGKPETGCUGU9JGP
VJGPGVRTGUUWTGTGCEJGUVJGWPNQCFKPIRTGUUWTGUQNGPQKFXCNXG
;KUFGGPGTIKUGF6JGRNWPIGTQHVJG
XCNXGTGVWTPUD[URTKPIHQTEG
6JGEQPVTQNRTGUUWTGRTGUGPVKPVJGEJCODGTUQHNQCFKPIRNWPIGT
.2CPFWPNQCFKPIXCNXG
78KU
XGPVGFVQCVOQURJGTGXKCUQNGPQKFXCNXG
;
.QCFKPIRNWPIGT
.2OQXGUWRYCTFUCPFECWUGUKPNGVXCNXG
+8VQENQUGVJGCKTKPNGVQRGPKPI
7PNQCFKPIXCNXG
78KUQRGPGFD[TGEGKXGTRTGUUWTG6JGRTGUUWTGHTQOCKTTGEGKXGT
KUTGNGCUGF
VQYCTFUWPNQCFGT
7#
#KTQWVRWVKUUVQRRGF
VJGEQORTGUUQTTWPUWPNQCFGF
.QCFKPI
9JGPVJGPGVRTGUUWTGFGETGCUGUVQVJGNQCFKPIRTGUUWTGUQNGPQKFXCNXG
;KUGPGTIKUGF6JGRNWPIGT
QHUQNGPQKF
;OQXGUWRYCTFUCICKPUVURTKPIHQTEG
%QPVTQNRTGUUWTGKUHGFHTQOCKTTGEGKXGT
XKCUQNGPQKFXCNXG
;VQNQCFKPIRNWPIGT
.2CPF
WPNQCFKPIXCNXG
78
7PNQCFKPIXCNXG
78ENQUGUVJGCKTDNQYQHHQRGPKPI.QCFKPIRNWPIGT
.2OQXGUFQYPYCTFUCPF
ECWUGUKPNGVXCNXG
+8VQQRGPHWNN[
#KTFGNKXGT[KUTGUWOGF
VJGEQORTGUUQTTWPUNQCFGF
+PUVTWEVKQPOCPWCN
'NGEVTKECNU[UVGO
)GPGTCN
#NUQEQPUWNVUGEVKQPU'NGEVTKECNFKCITCOUCPF'NGEVTKECNEQPPGEVKQPU
)#WRVQ)#%
6JGGNGEVTKECNU[UVGOEQORTKUGUHQNNQYKPIEQORQPGPVU
'NGEVTKECNECDKPGV
V[RKECNGZCORNG
4GHGTGPEG
&GUKIPCVKQP
((
(WUGU
(
1XGTNQCFTGNC[EQORTGUUQTOQVQT
-
%QPVCEVQTCKTEQQNGT
-
.KPGEQPVCEVQT
66
6TCPUHQTOGT
:
6GTOKPCNUVTKR
XQNVCIGUWRRN[
Z
6GTOKPCNUVTKR
FT[GT
:
6GTOKPCNUVTKR
8#%
:
6GTOKPCNUVTKR
'NGMVTQPKMQP8&%
+PUVTWEVKQPOCPWCN
'NGEVTKECNFKCITCOU
&KCITCO'NGMVTQPKMQP+
5GTXKEGFKCITCO)#WRVQ)#%YKVJ'NGMVTQPKMQP+CPFUVCTFGNVCUVCTVGT
4GHGTGPEG
&GUKIPCVKQP
%WUVQOGTUKPUVCNNCVKQP
1RVKQP
&T[GT
#NNXQNVCIGU
CPF*\GZEGRV8*\
8*\
1KNEQQNGTHCPOQVQTENQEMYKUGTQVCVKQP
#KTEQQNGTHCPOQVQTEQWPVGTENQEMYKUGTQVCVKQP
1RVKQP&&2&HKNVGT
1RVKQPRJCUGUGSWGPEGTGNC[
+PUVTWEVKQPOCPWCN
4GHGTGPEG
&GUKIPCVKQP
1RVKQPVJGTOKUVQTRTQVGEVKQP
4GOQVGGOGTIGPE[UVQR
1RVKQP'NGEVTQPKE9CVGTFTCKP
'9&
5WRRN[QHFT[GTQKNEQQNGTCPFCKTEQQNGT
#NNQVJGTXQNVCIGU
&GUKIPCVKQPUHQT'NGMVTQPKMQP+
4GHGTGPEG
5GPUQTUUQNGPQKFXCNXGUGNGEVTQPKEYCVGTFTCKP
26
2TGUUWTGUGPUQTCKTQWVNGV
654
6GORGTCVWTGUYKVEJQKNEQQNGT
66
6GORGTCVWTGUGPUQTGNGOGPVQWVNGV
66
6GORGTCVWTGUGPUQTFGYRQKPV
(WNN(GCVWTG
;
.QCFKPIUQNGPQKFXCNXG
4GHGTGPEG
/QVQTU
/
&TKXGOQVQT
/
(CPOQVQTQKNEQQNGT
/
(CPOQVQTCKTEQQNGT
4GHGTGPEG
'NGEVTKEECDKPGV)#WRVQ)#%
((
(WUGU
(
1XGTNQCFTGNC[FTKXGOQVQT
-
%QPVCEVQTCKTEQQNGT
-
#WZKNKCT[EQPVCEVQTHQTFT[GT
(WNN(GCVWTG
-
.KPGEQPVCEVQT
-
5VCTEQPVCEVQT
-
&GNVCEQPVCEVQT
66
6TCPUHQTOGTU
6
6TCPUHQTOGTFT[GT
::
6GTOKPCNUVTKRU
4GHGTGPEG
%QPVTQNOQFWNG
5VCTVDWVVQP
-
$NQEMKPITGNC[
-
#WZKNKCT[TGNC[UVCTEQPVCEVQT
-
#WZKNKCT[TGNC[FGNVCEQPVCEVQT
+PUVTWEVKQPOCPWCN
4GHGTGPEG
%QPVTQNOQFWNG
-
#WZKNKCT[TGNC[NQCFKPIWPNQCFKPI
-
#WZKNKCT[TGNC[FT[GT
-
#WZKNKCT[TGNC[UJWVFQYP
5VQRDWVVQP
5
'OGTIGPE[UVQRDWVVQP
4GHGTGPEG
1RVKQPCNGSWKROGPVHQT)#WRVQ)#%
#
&T[GT
(WNN(GCVWTG
$
'NGEVTQPKE9CVGT&TCKP
'9&
-
2JCUGUGSWGPEGTGNC[
/
(CPOQVQTEWDKENGQP*KIJ#ODKGPV8GTUKQP
*#8
2&5
&RUYKVEJHQT&&2&HKNVGT
4-
&TKXGOQVQTVJGTOKUVQTRTQVGEVKQPUJWVFQYP
4-
&TKXGOQVQTVJGTOKUVQTRTQVGEVKQPYCTPKPI
444
*GCVGTUHTGG\GRTQVGEVKQP
4
#PVKEQPFGPUCVKQPJGCVGTU
5
/CKPRQYGTKUQNCVKPIUYKVEJ
65..
6JGTOQUVCVEWDKENGHTGG\GRTQVGEVKQP
;
5QNGPQKFXCNXG
+PUVTWEVKQPOCPWCN
&KCITCO'NGMVTQPKMQP++
5GTXKEGFKCITCO)#WRVQ)#%YKVJ'NGMVTQPKMQP++CPFUVCTFGNVCUVCTVGT
4GHGTGPEG
&GUKIPCVKQP
%WUVQOGTUKPUVCNNCVKQP
1RVKQP
&T[GT
#NNXQNVCIGU
CPF*\GZEGRV8*\
8*\
1KNEQQNGTHCPOQVQTENQEMYKUGTQVCVKQP
#KTEQQNGTHCPOQVQTEQWPVGTENQEMYKUGTQVCVKQP
'OGTIGPE[UVQR
4GOQVGUVCTVUVQR
4GOQVGNQCFWPNQCF
4GOQVGRTGUUWTGUGPUKPI
1XGTNQCFOQVQT
(CWNV'NGEVTQPKE9CVGT&TCKP
'9&
&RQH&&2&HKNVGT
4GOQVGRTGUUWTGUGVUGNGEVKQP
1RVKQPRJCUGUGSWGPEGTGNC[
+PUVTWEVKQPOCPWCN
4GHGTGPEG
&GUKIPCVKQP
1RVKQPVJGTOKUVQTRTQVGEVKQP
#WZKNKCT[EQPVCEVU
1RVKQP'5
4GOQVGGOGTIGPE[UVQR
5WRRN[QHFT[GTQKNEQQNGTCPFCKTEQQNGT
/CTMKPIQHEQPPGEVQTU:VQ:
2TGUUWTGVTCPUFWEGTRKPEQPHKIWTCVKQP
1KNUGRCTCVQT
9CVGTUGRCTCVQT
&GUKIPCVKQPUHQT'NGMVTQPKMQP
4GHGTGPEG
5GPUQTUUQNGPQKFXCNXGUGNGEVTQPKEYCVGTFTCKP
26
2TGUUWTGUGPUQTCKTQWVNGV
654
6GORGTCVWTGUYKVEJQKNEQQNGT
66
6GORGTCVWTGUGPUQTGNGOGPVQWVNGV
66
6GORGTCVWTGUGPUQTFGYRQKPV
(WNN(GCVWTGYKVJ+(&
;
.QCFKPIUQNGPQKFXCNXG
4GHGTGPEG
/QVQTU
/
&TKXGOQVQT
/
(CPOQVQTQKNEQQNGT
/
(CPOQVQTCKTEQQNGT
4GHGTGPEG
'NGEVTKEECDKPGV)#WRVQ)#%
((
(WUGU
(
1XGTNQCFTGNC[FTKXGOQVQT
-
%QPVCEVQTCKTEQQNGT
-
#WZKNKCT[EQPVCEVQTHQTFT[GT
(WNN(GCVWTG
-
.KPGEQPVCEVQT
-
5VCTEQPVCEVQT
-
&GNVCEQPVCEVQT
66
6TCPUHQTOGTU
6
6TCPUHQTOGTFT[GT
::
6GTOKPCNUVTKRU
+PUVTWEVKQPOCPWCN
4GHGTGPEG
%QPVTQNOQFWNG
5VCTVDWVVQP
-
$NQEMKPITGNC[
-
#WZKNKCT[TGNC[UVCTEQPVCEVQT
-
#WZKNKCT[TGNC[FGNVCEQPVCEVQT
-
#WZKNKCT[TGNC[NQCFKPIWPNQCFKPI
-
#WZKNKCT[TGNC[CKTRTGUUWTGJKIJNQY
-
#WZKNKCT[TGNC[FT[GT
-
#WZKNKCT[TGNC[OCPWCNCWVQOCVKEQRGTCVKQP
-
#WZKNKCT[TGNC[YCTPKPI
-
#WZKNKCT[TGNC[UJWVFQYP
5VQRDWVVQP
5
'OGTIGPE[UVQRDWVVQP
4GHGTGPEG
1RVKQPCNGSWKROGPVHQT)#WRVQ)#%
#
&T[GT
(WNN(GCVWTG
$
'NGEVTQPKE9CVGT&TCKP
'9&
-
#WZKNKCT[EQPVCEVQTNQCFWPNQCF
HQTQRVKQPCN'5
-
#WZKNKCT[EQPVCEVEQORTGUUQTTWPPKPI
HQTQRVKQPCN'5
-
2JCUGUGSWGPEGTGNC[
/
(CPOQVQTEWDKENGQP*KIJ#ODKGPV8GTUKQP
*#8
2&5
&RUYKVEJHQT&&2&HKNVGT
4-
&TKXGOQVQTVJGTOKUVQTRTQVGEVKQPUJWVFQYP
4-
&TKXGOQVQTVJGTOKUVQTRTQVGEVKQPYCTPKPI
444
*GCVGTUHTGG\GRTQVGEVKQP
4
#PVKEQPFGPUCVKQPJGCVGTU
5
/CKPRQYGTKUQNCVKPIUYKVEJ
65..
6JGTOQUVCVEWDKENGHTGG\GRTQVGEVKQP
;
5QNGPQKFXCNXG
+PUVTWEVKQPOCPWCN
#KTFT[GT+(&
(NQYFKCITCO
#KTFT[GT)#WRVQ)#%
4GHGTGPEG
0COG
4GHTKIGTCPVICU
4GHTKIGTCPVNKSWKF
%QPFGPUCVG
#+
#KTKPNGV
#1
#KTQWVNGV
#KTCKTJGCVGZEJCPIGT
#KTTGHTKIGTCPVJGCVGZEJCPIGTGXCRQTCVQT
%QPFGPUCVGUGRCTCVQT
%QPFGPUCVGQWVNGV
4GHTKIGTCPVEQORTGUUQT
4GHTKIGTCPVEQPFGPUGT
+PUVTWEVKQPOCPWCN
4GHGTGPEG
0COG
.KSWKFTGHTKIGTCPVFT[GTHKNVGT
%CRKNNCT[VWDG
*QVICUD[RCUUXCNXG
%QPFGPUGTEQQNKPIHCP
2TGUUWTGUYKVEJHCPEQPVTQN
%QORTGUUGFCKTEKTEWKV
%QORTGUUGFCKTGPVGTUJGCVGZEJCPIGT
CPFKUEQQNGFD[VJGQWVIQKPIEQNFFTKGFCKT9CVGTKPVJG
KPEQOKPICKTUVCTVUVQEQPFGPUG6JGCKTVJGPHNQYUVJTQWIJJGCVGZEJCPIGTGXCRQTCVQT
YJGTGVJG
TGHTKIGTCPVGXCRQTCVGUECWUKPIVJGCKTVQDGEQQNGFHWTVJGTVQENQUGVQVJGGXCRQTCVKPIVGORGTCVWTGQHVJG
TGHTKIGTCPV/QTGYCVGTKPVJGCKTEQPFGPUGU6JGEQNFCKTVJGPHNQYUVJTQWIJUGRCTCVQT
YJGTGCNNVJG
EQPFGPUCVGKUUGRCTCVGFHTQOVJGCKT6JGEQPFGPUCVGKUCWVQOCVKECNN[FTCKPGFVJTQWIJQWVNGV
6JGEQNFFTKGFCKTHNQYUVJTQWIJJGCVGZEJCPIGT
YJGTGKVKUYCTOGFWRD[VJGKPEQOKPICKT
4GHTKIGTCPVEKTEWKV
%QORTGUUQT
FGNKXGTUJQVJKIJRTGUUWTGTGHTKIGTCPVICUYJKEJHNQYUVJTQWIJEQPFGPUGT
YJGTG
OQUVQHVJGTGHTKIGTCPVEQPFGPUGU
6JGNKSWKFHNQYUVJTQWIJNKSWKFTGHTKIGTCPVFT[GTHKNVGT
VQECRKNNCT[VWDG
6JGTGHTKIGTCPVNGCXGUVJG
ECRKNNCT[VWDGCVGXCRQTCVKPIRTGUUWTG
6JGTGHTKIGTCPVGPVGTUGXCRQTCVQT
YJGTGKVYKVJFTCYUJGCVHTQOVJGEQORTGUUGFCKTD[HWTVJGT
GXCRQTCVKQPCVEQPUVCPVRTGUUWTG6JGJGCVGFTGHTKIGTCPVNGCXGUVJGGXCRQTCVQTCPFKUUWEMGFKPD[VJG
EQORTGUUQT
$[RCUUXCNXG
TGIWNCVGUVJGTGHTKIGTCPVHNQY(CP
KUUYKVEJGFQPQTQHHD[UYKVEJ
FGRGPFKPI
QPVJGNQCFKPIFGITGGQHVJGTGHTKIGTCPVEKTEWKV
+PUVTWEVKQPOCPWCN
'NGMVTQPKMQP+TGIWNCVQT
'NGMVTQPKMQP+TGIWNCVQT
%QPVTQNRCPGN
+PVTQFWEVKQP
+PIGPGTCNVJG'NGMVTQPKMQPTGIWNCVQTJCUHQNNQYKPIHWPEVKQPU
%QPVTQNNKPIVJGEQORTGUUQT
2TQVGEVKPIVJGEQORTGUUQT
/QPKVQTKPIEQORQPGPVUUWDLGEVVQUGTXKEG
#WVQOCVKETGUVCTVCHVGTXQNVCIGHCKNWTG
OCFGKPCEVKXG
#WVQOCVKEEQPVTQNQHVJGEQORTGUUQT
6JGTGIWNCVQTOCKPVCKPUVJGPGVRTGUUWTGDGVYGGPRTQITCOOCDNGNKOKVUD[CWVQOCVKECNN[NQCFKPICPF
WPNQCFKPIVJGEQORTGUUQT#PWODGTQHRTQITCOOCDNGUGVVKPIUGIVJGWPNQCFKPICPFNQCFKPI
RTGUUWTGUVJGOKPKOWOUVQRVKOGCPFVJGOCZKOWOPWODGTQHOQVQTUVCTVUCTGVCMGPKPVQCEEQWPV
6JGTGIWNCVQTUVQRUVJGEQORTGUUQTYJGPGXGTRQUUKDNGVQTGFWEGVJGRQYGTEQPUWORVKQPCPFTGUVCTVUKV
CWVQOCVKECNN[YJGPVJGPGVRTGUUWTGFGETGCUGU
2TQVGEVKPIVJGEQORTGUUQT
5JWVFQYP
+HVJGEQORTGUUQTGNGOGPVQWVNGVVGORGTCVWTGGZEGGFUVJGRTQITCOOGFUJWVFQYPNGXGNVJGEQORTGUUQT
YKNNDGUVQRRGF6JKUYKNNDGKPFKECVGFQPFKURNC[
6JGEQORTGUUQTYKNNCNUQDGUVQRRGFKPECUGQH
QXGTNQCFQHVJGFTKXGOQVQT
#KTEQQNGFEQORTGUUQTUYKNNCNUQDGUVQRRGFKPVJGGXGPVQHQXGTNQCFQHVJGHCPOQVQT
$GHQTGTGOGF[KPIEQPUWNVVJG5CHGV[RTGECWVKQPU
5JWVFQYPYCTPKPI
#UJWVFQYPYCTPKPINGXGNKUCRTQITCOOCDNGNGXGNDGNQYVJGUJWVFQYPNGXGN
+HQPGQHVJGOGCUWTGOGPVUGZEGGFUVJGRTQITCOOGFUJWVFQYPYCTPKPINGXGNVJKUYKNNCNUQDG
KPFKECVGFVQYCTPVJGQRGTCVQTDGHQTGVJGUJWVFQYPNGXGNKUTGCEJGF
+PUVTWEVKQPOCPWCN
5GTXKEGYCTPKPI
+HVJGUGTXKEGVKOGTGZEGGFUCRTQITCOOGFXCNWGVJKUYKNNDGKPFKECVGFQPFKURNC[
VQYCTPVJG
QRGTCVQTVQECTT[QWVUQOGUGTXKEGCEVKQPU
#WVQOCVKETGUVCTVCHVGTXQNVCIGHCKNWTG
6JGTGIWNCVQTJCUCDWKNVKPHWPEVKQPVQCWVQOCVKECNN[TGUVCTVVJGEQORTGUUQTYJGPVJGXQNVCIGKU
TGUVQTGFCHVGTXQNVCIGHCKNWTG6JKUHWPEVKQPKUFGCEVKXCVGFKPEQORTGUUQTUNGCXKPIVJGHCEVQT[+HFGUKTGF
VJGHWPEVKQPECPDGCEVKXCVGF%QPUWNVVJG#VNCU%QREQ%WUVQOGT%GPVTG
+HCEVKXCVGFCPFRTQXKFGFVJGTGIWNCVQTYCUKPVJGCWVQOCVKEQRGTCVKQPOQFGVJG
EQORTGUUQTYKNNCWVQOCVKECNN[TGUVCTVYJGPVJGUWRRN[XQNVCIGVQVJGOQFWNGKU
TGUVQTGF
%QPVTQNRCPGN
'NGMVTQPKMQP+TGIWNCVQT
4GH
0COG
(WPEVKQP
5
'OGTIGPE[UVQRDWVVQP
2WUJDWVVQPVQUVQRVJGEQORTGUUQT
KOOGFKCVGN[KPVJGGXGPVQHCP
GOGTIGPE[#HVGTTGOGF[KPIVJGVTQWDNG
WPNQEMVJGDWVVQPD[RWNNKPIKVQWVCPF
RTGUUTGUGVMG[
5VQRDWVVQP
2WUJDWVVQPVQUVQRVJGEQORTGUUQT.'&
IQGUQWV6JGEQORTGUUQTYKNNUVQR
CHVGTTWPPKPIKPWPNQCFGFEQPFKVKQPHQT
CDQWVUGEQPFU
5VCTVDWVVQP
2WUJDWVVQPVQUVCTVVJGEQORTGUUQT
.'&
NKIJVUWRKPFKECVKPIVJCVVJG
TGIWNCVQTKUQRGTCVKXG
KPCWVQOCVKE
QRGTCVKQP
&KURNC[
+PFKECVGUVJGEQORTGUUQTQRGTCVKPI
EQPFKVKQPCEVWCNN[OGCUWTGFXCNWGUCPF
RTQITCOOGFRCTCOGVGTU
4GUGVMG[
-G[VQTGUGVVJGUGTXKEGVKOGTCUJWV
FQYPEQPFKVKQPGVE
+PUVTWEVKQPOCPWCN
4GH
0COG
(WPEVKQP
'PVGTMG[
-G[VQUGNGEVQTXCNKFCVGCRCTCOGVGTVQ
QRGPCUWDFKURNC[QTVQTGVWTPVQC
RTGXKQWUFKURNC[
8QNVCIGQP.'&
+PFKECVGUVJCVVJGXQNVCIGKUUYKVEJGFQP
2KEVQITCRJ
8QNVCIGQP
)GPGTCNCNCTO.'&
+UNKVKHCYCTPKPIEQPFKVKQPGZKUVU
)GPGTCNCNCTO.'&
(NCUJGUKPVJGGXGPVQHCUJWVFQYPQT
GOGTIGPE[UVQREQPFKVKQP
2KEVQITCRJ
#NCTO
#WVQOCVKEQRGTCVKQP.'&
+PFKECVGUVJCVVJGTGIWNCVQTKU
CWVQOCVKECNN[EQPVTQNNKPIVJGEQORTGUUQT
VJGEQORTGUUQTKUNQCFGFWPNQCFGF
UVQRRGFCPFTGUVCTVGFFGRGPFKPIQPVJG
CKTEQPUWORVKQPCPFVJGNKOKVCVKQPU
RTQITCOOGFKPVJGTGIWNCVQT
2KEVQITCRJ
#WVQOCVKEQRGTCVKQP
&QYPYCTFUUETQNNMG[
-G[VQUETQNNFQYPYCTFUVJTQWIJVJG
UETGGPUQTVQFGETGCUGCUGVVKPI
7RYCTFUUETQNNMG[
-G[VQUETQNNWRYCTFUVJTQWIJVJG
UETGGPUQTVQKPETGCUGCUGVVKPI
&KURNC[
&GUETKRVKQP
0QTOCNN[FKURNC[
UJQYU
6JGEQORTGUUQTUVCVWUD[OGCPUQHRKEVQITCRJU
6JGCKTQWVNGVRTGUUWTG
6JGCEVWCNVGORGTCVWTGCVVJGEQORTGUUQTGNGOGPVQWVNGV
6JGCEVWCNFGYRQKPVVGORGTCVWTGHQT(WNN(GCVWTGEQORTGUUQTU
6JGFKURNC[CNUQUJQYUCNNOGCUWTGFCPFRTQITCOOGFRCTCOGVGTUUGGUGEVKQP5ETQNNKPIVJTQWIJCNN
UETGGPU
+PUVTWEVKQPOCPWCN
2KEVQITCRJUWUGFQPVJGUETGGP
2KEVQITCRJU
2KEVQITCRJ
&GUETKRVKQP
%QORTGUUQTUVCVWU.1#&
FWTKPINQCFGFTWPPKPIVJGJQTK\QPVCNCTTQY
HNCUJGU
%QORTGUUQTUVCVWU70.1#&
4WPPKPIJQWTU
'NGOGPVQWVNGVVGORGTCVWTG
&GYRQKPVVGORGTCVWTG
/QVQTQTOQVQTQXGTNQCF
'OGTIGPE[UVQRRTGUUGF
/CKPUETGGP
2TQEGFWTG
9JGPVJGXQNVCIGKUUYKVEJGFQPVJG/CKPUETGGPKUUJQYPCWVQOCVKECNN[UJQYKPIKPUJQTVVJG
QRGTCVKQPUVCVWUQHVJGEQORTGUUQTCPFVJGQWVNGVRTGUUWTG
/CKPUETGGPV[RKECNGZCORNG
DCT
6JGUETGGPUJQYUVJCVVJGEQORTGUUQTKUTWPPKPINQCFGF
VJGJQTK\QPVCNCTTQYHNCUJGUCPFVJCVVJG
QWVNGVRTGUUWTGKUDCT
G
#NYC[UEQPUWNV#VNCU%QREQKHV
#NUQEQPUWNVUGEVKQP5ETQNNKPIVJTQWIJCNNUETGGPU
QTVGUV
CRRGCTUQPVJGFKURNC[
+PUVTWEVKQPOCPWCN
5JWVFQYPYCTPKPI
&GUETKRVKQP
#UJWVFQYPYCTPKPIYKNNCRRGCTKPVJGGXGPVQH
6QQJKIJCVGORGTCVWTGCVVJGQWVNGVQHVJGEQORTGUUQTGNGOGPV
6QQJKIJCFGYRQKPVVGORGTCVWTGHQT(WNN(GCVWTGEQORTGUUQTU
%QORTGUUQTGNGOGPVQWVNGVVGORGTCVWTG
+HVJGQWVNGVVGORGTCVWTGQHVJGEQORTGUUQTGNGOGPVGZEGGFUVJGUJWVFQYPYCTPKPINGXGN
u%
u(PQVRTQITCOOCDNGCNCTO.'&
YKNNNKIJVWRCPFVJGTGNCVGFRKEVQITCRJYKNNCRRGCT
HNCUJKPI
9CTPKPIUETGGPGNGOGPVQWVNGVVGORGTCVWTG
HNCUJKPI
DCT
2TGUUCTTQYMG[
T
TGIKUVGTCRRGCTU
2TGUUCTTQYMG[
VJGCEVWCNEQORTGUUQTGNGOGPVVGORGTCVWTGCRRGCTU
9CTPKPIUETGGPGNGOGPVQWVNGVVGORGTCVWTG
HNCUJKPI
u%
6JGUETGGPUJQYUVJCVVJGVGORGTCVWTGCVVJGQWVNGVQHVJGEQORTGUUQTGNGOGPVKUu%
+VTGOCKPURQUUKDNGVQUETQNNVJTQWIJQVJGTUETGGPU
WUKPIMG[UCPFVQEJGEMVJGCEVWCNUVCVWUQH
QVJGTRCTCOGVGTU
2TGUUDWVVQP
VQUVQRVJGEQORTGUUQTCPFYCKVWPVKNVJGEQORTGUUQTJCUUVQRRGF
5YKVEJQHHVJGXQNVCIGKPURGEVVJGEQORTGUUQTCPFTGOGF[
6JGYCTPKPIOGUUCIGYKNNFKUCRRGCTCUUQQPCUVJGYCTPKPIEQPFKVKQPFKUCRRGCTU
+PUVTWEVKQPOCPWCN
&GYRQKPVVGORGTCVWTG
(QTEQORTGUUQTUYKVJKPVGITCVGFFT[GT
+HVJGFGYRQKPVVGORGTCVWTGGZEGGFUVJGUJWVFQYPYCTPKPINGXGN
RTQITCOOCDNGCNCTO.'&
YKNNNKIJVWRCPFVJGTGNCVGFRKEVQITCRJYKNNCRRGCTHNCUJKPI
9CTPKPIUETGGPFGYRQKPVVGORGTCVWTG
HNCUJKPI
DCT
2TGUUCTTQYMG[
T
TGIKUVGTCRRGCTU
2TGUUCTTQYMG[
VJGCEVWCNFGYRQKPVVGORGTCVWTGCRRGCTU
9CTPKPIUETGGPGNGOGPVQWVNGVVGORGTCVWTG
HNCUJKPI
u%
6JGUETGGPUJQYUVJCVVJGFGYRQKPVVGORGTCVWTGKUu%
+VTGOCKPURQUUKDNGVQUETQNNVJTQWIJQVJGTUETGGPU
WUKPIMG[UCPFVQEJGEMVJGCEVWCNUVCVWUQH
QVJGTRCTCOGVGTU
2TGUUDWVVQP
VQUVQRVJGEQORTGUUQTCPFYCKVWPVKNVJGEQORTGUUQTJCUUVQRRGF
5YKVEJQHHVJGXQNVCIGKPURGEVVJGEQORTGUUQTCPFTGOGF[
6JGYCTPKPIOGUUCIGYKNNFKUCRRGCTCUUQQPCUVJGYCTPKPIEQPFKVKQPFKUCRRGCTU
5JWVFQYP
&GUETKRVKQP
6JGEQORTGUUQTYKNNDGUJWVFQYPKPECUG
6JGVGORGTCVWTGCVVJGQWVNGVQHVJGEQORTGUUQTGNGOGPVGZEGGFUVJGUJWVFQYPNGXGN
1HGTTQTQHVJGQWVNGVRTGUUWTGUGPUQT
1HQXGTNQCFQHVJGFTKXGOQVQT
1HQXGTNQCFQHVJGHCPOQVQTQPCKTEQQNGFEQORTGUUQTU
+PUVTWEVKQPOCPWCN
%QORTGUUQTGNGOGPVQWVNGVVGORGTCVWTG
+HVJGQWVNGVVGORGTCVWTGQHVJGEQORTGUUQTGNGOGPVGZEGGFUVJGUJWVFQYPNGXGN
u%u(
PQVRTQITCOOCDNGVJGEQORTGUUQTYKNNDGUJWVFQYPCNCTO.'&
YKNNHNCUJCWVQOCVKEQRGTCVKQP
.'&
YKNNIQQWVCPFVJGHQNNQYKPIUETGGPYKNNCRRGCT
5JWVFQYPUETGGPGNGOGPVQWVNGVVGORGTCVWTG
HNCUJKPI
2TGUUGPVGTMG[
T
TGIKUVGTCRRGCTU
2TGUUCTTQYMG[
VJGCEVWCNEQORTGUUQTGNGOGPVVGORGTCVWTGCRRGCTU
5JWVFQYPUETGGPGNGOGPVQWVNGVVGORGTCVWTG
HNCUJKPI
u%
6JGUETGGPUJQYUVJCVVJGVGORGTCVWTGCVVJGQWVNGVQHVJGEQORTGUUQTGNGOGPVKUu%
5YKVEJQHHVJGXQNVCIGCPFTGOGF[VJGVTQWDNG
#HVGTTGOGF[KPICPFYJGPVJGUJWVFQYPEQPFKVKQPJCUFKUCRRGCTGFUYKVEJQPVJGXQNVCIGCPF
TGUVCTVVJGEQORTGUUQT
/QVQTQXGTNQCF
+PVJGGXGPVQHOQVQTQXGTNQCFVJGEQORTGUUQTYKNNDGUJWVFQYPCNCTO.'&
YKNNHNCUJCWVQOCVKE
QRGTCVKQP.'&
YKNNIQQWVCPFVJGHQNNQYKPIUETGGPYKNNCRRGCT
5JWVFQYPUETGGPOQVQTQXGTNQCF
HNCUJKPI
5YKVEJQHHVJGXQNVCIGCPFTGOGF[VJGVTQWDNG
#HVGTTGOGF[KPICPFYJGPVJGUJWVFQYPEQPFKVKQPJCUFKUCRRGCTGFUYKVEJQPVJGXQNVCIGCPF
TGUVCTVVJGEQORTGUUQT
+PUVTWEVKQPOCPWCN
5GTXKEGYCTPKPI
&GUETKRVKQP
#UGTXKEGYCTPKPIYKNNCRRGCTYJGPVJGUGTXKEGVKOGTJCUTGCEJGFVJGRTQITCOOGFVKOGKPVGTXCN
+HVJGUGTXKEGVKOGTGZEGGFUVJGRTQITCOOGFVKOGKPVGTXCNCNCTO.'&
YKNNNKIJVWR
2TGUUCTTQYMG[
T KUUJQYP
TGIKUVGT2TGUUMG[
5
UVCPFKPIHQT5GTXKEG
CRRGCTU7UGMG[
VQUETQNNVQT
TGIKUVGTCPFRTGUUGPVGTMG[
6JGCEVWCNTGCFKPI
QHVJGUGTXKEGVKOGTYKNNDGUJQYPKPM*TU
JQWTUZ
'ZCORNG
KPFKECVGUVJCVVJGEQORTGUUQTJCUTWPHQTJQWTUUKPEGRTGXKQWUUGTXKEG
2TGUUGPVGTMG[
CPFMG[
VQUETQNNVQT
TGIKUVGT2TGUUMG[
VQEJGEMVJG
TWPPKPIJQWTUYJKEJCTGUJQYPKPM*TU
JQWTUZ
'ZCORNGQHTWPPKPIJQWTUUETGGP
M*TU
6JGUETGGPUJQYUVJCVVJGPWODGTQHTWPPKPIJQWTUKU
5VQRVJGEQORTGUUQTUYKVEJQHHVJGXQNVCIGCPFECTT[QWVVJGUGTXKEGCEVKQPU5GGUGEVKQP
2TGXGPVKXGOCKPVGPCPEGUEJGFWNG
6JGNQPIGTKPVGTXCNUGTXKEGCEVKQPUOWUVCNUQKPENWFGVJGUJQTVGTKPVGTXCNCEVKQPU
+PVJGGZCORNGCDQXGECTT[QWVCNNUGTXKEGQRGTCVKQPUDGNQPIKPIVQVJG
TWPPKPIJQWTUKPVGTXCNCUYGNNCUVJQUGDGNQPIKPIVQVJGTWPPKPIJQWTU
KPVGTXCN
+HWUKPIOKPGTCNQKNKPUVGCFQH#VNCU%QREQ4QVQKPLGEVHNWKFVJGUGTXKEGVKOGTJCU
VQDGFGETGCUGF5GGUGEVKQP2TGXGPVKXGOCKPVGPCPEGUEJGFWNG
#HVGTUGTXKEKPITGUGVVJGUGTXKEGVKOGT5GGUGEVKQP%CNNKPIWRTGUGVVKPIUGTXKEGVKOGT
+PUVTWEVKQPOCPWCN
5ETQNNKPIVJTQWIJCNNUETGGPU
%QPVTQNRCPGN
%QPVTQNRCPGN
5ETQNNMG[U
CPFECPDGWUGFVQUETQNNVJTQWIJCNNUETGGPU6JGUETGGPUCTGFKXKFGFKPVQTGIKUVGT
UETGGPU
PWODGTGFCUT T CPFRCTCOGVGTUETGGPU
PWODGTGFCU2
2
&WTKPIUETQNNKPIVJGPWODGTUQHVJGUETGGPUCRRGCTEQPUGEWVKXGN[(QTOQUVUETGGPUVJGWPKVQH
OGCUWTGOGPVCPFVJGTGNCVGFRKEVQITCRJCTGUJQYPVQIGVJGTYKVJVJGUETGGPPWODGT
+PVJGGXGPVQHCYCTPKPIQTCUJWVFQYPCPGZVTCTGIKUVGTUETGGPT
KUCEEGUUKDNG
'ZCORNG
M*TU
T
6JGUETGGPUJQYUVJGUETGGPPWODGTT VJGWPKVWUGFM*TU
JQWTUZCPFVJGTGNCVGF
RKEVQITCRJHQTTWPPKPIJQWTU2TGUUGPVGTMG[
VQECNNWRVJGCEVWCNTWPPKPIJQWTU
1XGTXKGYQHVJGUETGGPU
4GIKUVGTUETGGP
&GUKIPCVKQP
4GNCVGFVQRKE
T
4WPPKPIJQWTU
ZJTU
5GGUGEVKQP%CNNKPIWRTWPPKPIJQWTU
T
.QCFKPIJQWTU
ZJTU
5GGUGEVKQP%CNNKPIWRNQCFKPIJQWTU
T
/QVQTUVCTVU
Z
5GGUGEVKQP%CNNKPIWROQVQTUVCTVU
T
/QVQTUVCTVU
Z
5GGUGEVKQP%CNNKPIWROQVQTUVCTVU
T
5GTXKEGVKOGTTGCFKPI
5GGUGEVKQP%CNNKPIWRTGUGVVKPIUGTXKEG
VKOGT
T
5VCVWUQHHWPEVKQP#WVQOCVKETGUVCTV
CHVGTXQNVCIGHCKNWTG
5GGUGEVKQP#WVQOCVKETGUVCTVCHVGT
XQNVCIGHCKNWTG
T
2TQITCOOGFUGVQHRCTCOGVGTU
5GGUGEVKQP5GVQHRCTCOGVGTU
+PUVTWEVKQPOCPWCN
2CTCOGVGT
UETGGP
&GUKIPCVKQP
4GNCVGFVQRKE
2
7PNQCFRTGUUWTGUGVVKPI
5GGUGEVKQP%CNNKPIWROQFKH[KPI
WPNQCFKPIRTGUUWTG
2
.QCFRTGUUWTGUGVVKPIU
5GGUGEVKQP%CNNKPIWROQFKH[KPINQCFKPI
RTGUUWTG
2
9CTPKPINGXGNHQTFGYRQKPVVGORGTCVWTG
5GGUGEVKQP%CNNKPIWROQFKH[KPIFGY
RQKPVYCTPKPIVGORGTCVWTG
2
5GVVKPIQHUGTXKEGVKOGT
5GGUGEVKQP%CNNKPIWROQFKH[KPIUGTXKEG
VKOGTUGVVKPI
2
5GVVKPIQHWPKVHQTRTGUUWTG
5GGUGEVKQP%CNNKPIWROQFKH[KPIWPKVHQT
RTGUUWTG
2
5GVVKPIQHWPKVHQTVGORGTCVWTG
5GGUGEVKQP%CNNKPIWROQFKH[KPIWPKVHQT
VGORGTCVWTG
2
5GNGEVKQPDGVYGGP;&QT&1.UVCTVKPI
5GGUGEVKQP5GNGEVKQPDGVYGGP;&QT
&1.UVCTVKPI
2
5GNGEVKQPHQTHWPEVKQP#WVQOCVKETGUVCTV 5GGUGEVKQP#EVKXCVKPICWVQOCVKETGUVCTV
CHVGTXQNVCIGHCKNWTG
CEVKXGQTPQVQPN[ CHVGTXQNVCIGHCKNWTG
HQT#VNCU%QREQ
2
5GNGEVKQPDGVYGGP.QECNQT4GOQVG
EQPVTQN
2
%JCPIKPIUGVQHRTQITCOOGFRCTCOGVGTU 5GGUGEVKQP/QFKH[KPIVJGRCTCOGVGTUGV
QPN[HQT#VNCU%QREQ
5GGUGEVKQP5GNGEVKPIDGVYGGPNQECNQT
TGOQVGEQPVTQN
+PUVTWEVKQPOCPWCN
/GPWHNQY
5KORNKHKGFOGPWHNQY
+PUVTWEVKQPOCPWCN
%CNNKPIWRQWVNGVCPFFGYRQKPVVGORGTCVWTGU
%QPVTQNRCPGN
5VCTVKPIHTQOVJG/CKPUETGGP
DCT
2TGUUCTTQYMG[
VJGQWVNGVVGORGTCVWTGYKNNDGUJQYP
u%
6JGUETGGPUJQYUVJCVVJGQWVNGVVGORGTCVWTGKUu%
2TGUUCTTQYMG[
VJGFGYRQKPVVGORGTCVWTGYKNNDGUJQYP
u%
6JGUETGGPUJQYUVJCVVJGFGYRQKPVVGORGTCVWTGKUu%
2TGUUCTTQYMG[U
CPFVQUETQNNFQYPYCTFUQTWRYCTFUVJTQWIJVJGUETGGPU
+PUVTWEVKQPOCPWCN
%CNNKPIWRTWPPKPIJQWTU
%QPVTQNRCPGN
5VCTVKPIHTQOVJG/CKPUETGGP
DCT
2TGUUCTTQYMG[
WPVKNT
KUUJQYPCPFVJGPRTGUUGPVGTMG[
M*TU
6JGUETGGPUJQYUVJGWPKVWUGFM*TU
VJGEQORTGUUQTCTGJQWTU
JQWTUZCPFVJGXCNWG VJGTWPPKPIJQWTUQH
%CNNKPIWRNQCFKPIJQWTU
%QPVTQNRCPGN
5VCTVKPIHTQOVJG/CKPUETGGP
DCT
+PUVTWEVKQPOCPWCN
2TGUUCTTQYMG[
WPVKNT
KUUJQYPCPFVJGPRTGUUGPVGTMG[
M*TU
6JGUETGGPUJQYUVJGWPKVWUGFM*TU
VJGEQORTGUUQTCTGJQWTU
JQWTUZCPFVJGXCNWG
VJGNQCFKPIJQWTUQH
%CNNKPIWROQVQTUVCTVU
%QPVTQNRCPGN
5VCTVKPIHTQOVJG/CKPUETGGP
DCT
2TGUUCTTQYMG[
WPVKNT
KUUJQYPCPFVJGPRTGUUGPVGTMG[
6JKUUETGGPUJQYUVJGPWODGTQHOQVQTUVCTVUVKOGU2TGUUGPVGTMG[
VQTGVWTPVQVJGTGIKUVGT
UETGGPU
2TGUUCTTQYMG[
WPVKNT
KUUJQYPCPFVJGPRTGUUGPVGTMG[
6JKUUETGGPUJQYUVJGPWODGTQHOQVQTUVCTVUVQDGCFFGFVQVJGTGCFKPIKPTGIKUVGTT
GZCORNGVJGPWODGTQHOQVQTUVCTVUKU
+PVJKU
+PUVTWEVKQPOCPWCN
%CNNKPIWRTGUGVVKPIUGTXKEGVKOGT
%QPVTQNRCPGN
5VCTVKPIHTQOVJG/CKPUETGGP
DCT
2TGUUCTTQYMG[
WPVKNT
KUUJQYPCPFVJGPRTGUUGPVGTMG[
M*TU
6JKUUETGGPUJQYUVJGWPKVWUGFM*TU
JQWTUZCPFVJGXCNWG
TWPJQWTUUKPEGVJGRTGXKQWUUGTXKEG
VJGEQORTGUUQTJCU
4GUGVVKPIVJGUGTXKEGVKOGT
#HVGTUGTXKEKPIUGGUGEVKQP5GTXKEGYCTPKPIVJGVKOGTJCUVQDGTGUGV
5ETQNNVQTGIKUVGTUETGGPT
VJGTGCFKPI
GIYKNNCRRGCT
2TGUUTGUGVMG[
VJGTGCFKPIYKNNHNCUJ
KPFKECVKPIVJCVTGUGVVKPIKURQUUKDNG
2TGUUGPVGTMG[
VQTGUGVVJGVKOGTVQ
QTRTGUUTGUGVMG[
VQECPEGNVJGQRGTCVKQP
#WVQOCVKETGUVCTVCHVGTXQNVCIGHCKNWTG
%QPVTQNRCPGN
5VCTVKPIHTQOVJG/CKPUETGGP
+PUVTWEVKQPOCPWCN
DCT
2TGUUCTTQYMG[
WPVKNT
KUUJQYPCPFVJGPRTGUUGPVGTMG[
+H CRRGCTUVJGHWPEVKQPCWVQOCVKETGUVCTVCHVGTXQNVCIGHCKNWTGKUPQVCEVKXG
+H
CRRGCTUVJGHWPEVKQPCWVQOCVKETGUVCTVCHVGTXQNVCIGHCKNWTGKUCEVKXG
5GVQHRCTCOGVGTU
%QPVTQNRCPGN
5VCTVKPIHTQOVJG/CKPUETGGP
DCT
2TGUUCTTQYMG[
WPVKNT KUUJQYPCPFVJGPRTGUUGPVGTMG[
VJGPWODGTUJQYPKPFKECVGU
VJGUGVQHRCTCOGVGTUYJKEJCTGRTQITCOOGFGZHCEVQT[
%CNNKPIWROQFKH[KPIWPNQCFKPIRTGUUWTG
%QPVTQNRCPGN
5VCTVKPIHTQOVJG/CKPUETGGP
+PUVTWEVKQPOCPWCN
DCT
2TGUUCTTQYMG[
WPVKN2
KUUJQYPCPFVJGPRTGUUGPVGTMG[
DCT
6JGUETGGPUJQYUVJGUGVVKPIQHVJGWPNQCFKPIRTGUUWTGDCT
G
7UGCTTQYMG[U
CPFVQOQFKH[VJKUUGVVKPI
2TGUUGPVGTMG[
VQRTQITCOVJGPGYXCNWGCPFVQTGVWTPVQVJGRCTCOGVGTUETGGPU
%CNNKPIWROQFKH[KPINQCFKPIRTGUUWTG
%QPVTQNRCPGN
5VCTVKPIHTQOVJG/CKPUETGGP
DCT
2TGUUCTTQYMG[
WPVKN2
KUUJQYPCPFVJGPRTGUUGPVGTMG[
DCT
6JGUETGGPUJQYUVJGUGVVKPIQHVJGNQCFKPIRTGUUWTGDCT
G
7UGCTTQYMG[U
CPFVQOQFKH[VJKUUGVVKPI
+PUVTWEVKQPOCPWCN
2TGUUGPVGTMG[
VQRTQITCOVJGPGYXCNWGCPFVQTGVWTPVQVJGRCTCOGVGTUETGGPU
%CNNKPIWROQFKH[KPIFGYRQKPVYCTPKPIVGORGTCVWTG
%QPVTQNRCPGN
5VCTVKPIHTQOVJG/CKPUETGGP
DCT
2TGUUCTTQYMG[
WPVKN2
KUUJQYPCPFVJGPRTGUUGPVGTMG[
u%
6JGUETGGPUJQYUVJGYCTPKPIUGVVKPIHQTVJGFGYRQKPVVGORGTCVWTGu%
7UGCTTQYMG[U
CPFVQOQFKH[VJKUUGVVKPI
2TGUUGPVGTMG[
VQRTQITCOVJGPGYXCNWGCPFVQTGVWTPVQVJGRCTCOGVGTUETGGPU
%CNNKPIWROQFKH[KPIUGTXKEGVKOGTUGVVKPI
%QPVTQNRCPGN
5VCTVKPIHTQOVJG/CKPUETGGP
+PUVTWEVKQPOCPWCN
DCT
2TGUUCTTQYMG[
WPVKN2 KUUJQYPCPFVJGPRTGUUGPVGTMG[
VJGUGVVKPIQHVJGUGTXKEG
VKOGTKUUJQYPKPM*TU
JQWTUZ'ZCORNG OGCPUVJGVKOGTKUUGVCV
TWPPKPIJQWTU
7UGCTTQYMG[U
CPFVQOQFKH[VJKUUGVVKPI
2TGUUGPVGTMG[
VQRTQITCOVJGPGYXCNWGCPFVQTGVWTPVQVJGRCTCOGVGTUETGGPU
%CNNKPIWROQFKH[KPIWPKVQHRTGUUWTG
%QPVTQNRCPGN
5VCTVKPIHTQOVJG/CKPUETGGP
DCT
2TGUUCTTQYMG[
WPVKN2 KUUJQYPCPFVJGPRTGUUGPVGTMG[
VJGRQUUKDNGUGVVKPIUCTG
UJQYP/RC RUK CPFDCT VJGCEVWCNN[WUGFWPKVKUHNCUJKPI
7UGCTTQYMG[U
CPFVQUGNGEVCPQVJGTWPKVQHRTGUUWTG
2TGUUGPVGTMG[
VQRTQITCOVJGPGYWPKVQHRTGUUWTGCPFTGVWTPVQVJGRCTCOGVGTUETGGPU
+PUVTWEVKQPOCPWCN
%CNNKPIWROQFKH[KPIWPKVQHVGORGTCVWTG
%QPVTQNRCPGN
5VCTVKPIHTQOVJG/CKPUETGGP
DCT
2TGUUCTTQYMG[
WPVKN2 KUUJQYPCPFVJGPRTGUUGPVGTMG[
VJGRQUUKDNGUGVVKPIUCTG
UJQYPu% CPFu( VJGCEVWCNN[WUGFWPKVKUHNCUJKPI
7UGCTTQYMG[U
CPFVQUGNGEVCPQVJGTWPKVQHVGORGTCVWTG
2TGUUGPVGTMG[
VQRTQITCOVJGPGYWPKVQHVGORGTCVWTGCPFTGVWTPVQVJGRCTCOGVGTUETGGPU
5GNGEVKQPDGVYGGP;&QT&1.UVCTVKPI
%QPVTQNRCPGN
5VCTVKPIHTQOVJG/CKPUETGGP
DCT
2TGUUCTTQYMG[
WPVKN2 KUUJQYPCPFVJGPRTGUUGPVGTMG[
6JGCEVWCNN[WUGFUVCTVKPI
OQFGKUHNCUJKPI HQT;&
UVCTFGNVCQT HQT&1.
FKTGEVQPNKPG
7UGCTTQYMG[U
CPFVQUGNGEVCPQVJGTUVCTVKPIOQFG
+PUVTWEVKQPOCPWCN
2TGUUGPVGTMG[
VQRTQITCOVJGPGYUVCTVKPIOQFGCPFVQTGVWTPVQVJGRCTCOGVGTUETGGPU
#EVKXCVKPICWVQOCVKETGUVCTVCHVGTXQNVCIGHCKNWTG
&GUETKRVKQP
6JKURCTCOGVGTCEEGUUKDNGKPUETGGP2 ECPQPN[DGOQFKHKGFCHVGTGPVGTKPICRCUUYQTF%QPUWNV
#VNCU%QREQKHVJKUHWPEVKQPUJQWNFDGCEVKXCVGF
5GNGEVKPIDGVYGGPNQECNQTTGOQVGEQPVTQN
%QPVTQNRCPGN
5VCTVKPIHTQOVJG/CKPUETGGP
DCT
2TGUUCTTQYMG[
WPVKN2 KUUJQYPCPFVJGPRTGUUGPVGTMG[
6JGCEVWCNN[WUGFUVCTVKPI
OQFGKUHNCUJKPI HQTNQECNEQPVTQNOQFGQT HQTTGOQVGEQPVTQNOQFG
7UGCTTQYMG[U
CPFVQUGNGEVCPQVJGTOQFG
2TGUUGPVGTMG[
VQRTQITCOVJGPGYEQPVTQNOQFGCPFVQTGVWTPVQVJGRCTCOGVGTUETGGPU
/QFKH[KPIVJGRCTCOGVGTUGV
&GUETKRVKQP
6JKURCTCOGVGTCEEGUUKDNGKPUETGGP2
ECPQPN[DGOQFKHKGFCHVGTGPVGTKPICRCUUYQTF
+PUVTWEVKQPOCPWCN
5GVVKPIU
7PNQCFKPINQCFKPIRTGUUWTGU
*\EQORTGUUQTU
7PNQCFKPIRTGUUWTG
(CEVQT[
UGVVKPI
/CZKOWO
UGVVKPI
DCT
DCT
G
DCT(WNN(GCVWTG
DCT
G
DCT
DCT
G
DCT(WNN(GCVWTG
DCT
G
DCT
DCT
G
DCT(WNN(GCVWTG
DCT
G
/KPKOWO
UGVVKPI
(CEVQT[
UGVVKPI
/CZKOWO
UGVVKPI
7PNQCFKPIRTGUUWTG
DCT
RUKI
DCT(WNN(GCVWTG
RUKI
DCT
RUKI
DCT(WNN(GCVWTG
RUKI
DCT
RUKI
DCT(WNN(GCVWTG
RUKI
/KPKOWO
UGVVKPI
(CEVQT[
UGVVKPI
/CZKOWO
UGVVKPI
.QCFKPIRTGUUWTG
DCT
DCT
G
DCT(WNN(GCVWTG
DCT
G
DCT
DCT
G
DCT(WNN(GCVWTG
DCT
G
DCT
DCT
G
DCT(WNN(GCVWTG
DCT
G
/KPKOWO
UGVVKPI
(CEVQT[
UGVVKPI
/CZKOWO
UGVVKPI
.QCFKPIRTGUUWTG
/KPKOWO
UGVVKPI
DCT
RUKI
DCT(WNN(GCVWTG
RUKI
DCT
RUKI
DCT(WNN(GCVWTG
RUKI
DCT
RUKI
DCT(WNN(GCVWTG
RUKI
+PUVTWEVKQPOCPWCN
7PNQCFKPINQCFKPIRTGUUWTGU
*\EQORTGUUQTU
7PNQCFKPIRTGUUWTG
/KPKOWO
UGVVKPI
(CEVQT[
UGVVKPI
/CZKOWO
UGVVKPI
RUK
DCT
G
RUK(WNN(GCVWTG
DCT
G
RUK
DCT
G
RUK(WNN(GCVWTG
DCT
G
RUK
DCT
G
RUK(WNN(GCVWTG
DCT
G
RUK
DCT
G
RUK(WNN(GCVWTG
DCT
G
/KPKOWO
UGVVKPI
(CEVQT[
UGVVKPI
/CZKOWO
UGVVKPI
7PNQCFKPIRTGUUWTG
RUK
RUKI
RUK(WNN(GCVWTG
RUKI
RUK
RUKI
RUK(WNN(GCVWTG
RUKI
RUK
RUKI
RUK(WNN(GCVWTG
RUKI
RUK
RUKI
RUK(WNN(GCVWTG
RUKI
/KPKOWO
UGVVKPI
(CEVQT[
UGVVKPI
/CZKOWO
UGVVKPI
.QCFKPIRTGUUWTG
RUK
DCT
G
RUK(WNN(GCVWTG
DCT
G
RUK
DCT
G
RUK(WNN(GCVWTG
DCT
G
RUK
DCT
G
RUK(WNN(GCVWTG
DCT
G
RUK
DCT
G
RUK(WNN(GCVWTG
DCT
G
/KPKOWO
UGVVKPI
(CEVQT[
UGVVKPI
/CZKOWO
UGVVKPI
.QCFKPIRTGUUWTG
RUK
RUKI
RUK(WNN(GCVWTG
RUKI
RUK
RUKI
+PUVTWEVKQPOCPWCN
.QCFKPIRTGUUWTG
/KPKOWO
UGVVKPI
(CEVQT[
UGVVKPI
/CZKOWO
UGVVKPI
RUK(WNN(GCVWTG
RUKI
RUK
RUKI
RUK(WNN(GCVWTG
RUKI
RUK
RUKI
RUK(WNN(GCVWTG
RUKI
/KPKOWORTGUUWTGFKHHGTGPEG
6JGTGEQOOGPFGFOKPKOWORTGUUWTGFKHHGTGPEGDGVYGGPNQCFKPICPFWPNQCFKPIKUDCTRUK
'NGOGPVQWVNGVVGORGTCVWTG
6JGUGVVKPIUHQTVJGYCTPKPI
u%u(CPFUJWVFQYP
u%u(CTGPQVRTQITCOOCDNG
&GYRQKPVVGORGTCVWTG
6JGPQOKPCNYCTPKPIUGVVKPIKUu%
u(
+PUVTWEVKQPOCPWCN
'NGMVTQPKMQP++TGIWNCVQT
'NGMVTQPKMQPs++TGIWNCVQT
%QPVTQNRCPGN
)GPGTCN
+PIGPGTCNVJG'NGMVTQPKMQPTGIWNCVQTJCUHQNNQYKPIHWPEVKQPU
%QPVTQNNKPIVJGEQORTGUUQT
2TQVGEVKPIVJGEQORTGUUQT
/QPKVQTKPIEQORQPGPVUUWDLGEVVQUGTXKEG
#WVQOCVKETGUVCTVCHVGTXQNVCIGHCKNWTG
OCFGKPCEVKXG
#WVQOCVKEEQPVTQNQHEQORTGUUQTQRGTCVKQP
6JGTGIWNCVQTOCKPVCKPUVJGPGVRTGUUWTGDGVYGGPRTQITCOOCDNGNKOKVUD[CWVQOCVKECNN[NQCFKPICPF
WPNQCFKPIVJGEQORTGUUQT#PWODGTQHRTQITCOOCDNGUGVVKPIUGIVJGWPNQCFKPICPFNQCFKPI
RTGUUWTGUVJGOKPKOWOUVQRVKOGCPFVJGOCZKOWOPWODGTQHOQVQTUVCTVUCTGVCMGPKPVQCEEQWPV
6JGTGIWNCVQTUVQRUVJGEQORTGUUQTYJGPGXGTRQUUKDNGVQTGFWEGVJGRQYGTEQPUWORVKQPCPFTGUVCTVUKV
CWVQOCVKECNN[YJGPVJGPGVRTGUUWTGFGETGCUGU+HVJGGZRGEVGFWPNQCFKPIRGTKQFKUVQQUJQTVVJG
EQORTGUUQTKUMGRVTWPPKPIVQRTGXGPVVQQUJQTVUVCPFUVKNNRGTKQFU
#PWODGTQHVKOGDCUGFCWVQOCVKEUVCTVUVQREQOOCPFUOC[DGRTQITCOOGF6CMG
KPVQCEEQWPVVJCVCUVCTVEQOOCPFYKNNDGGZGEWVGF
KHRTQITCOOGFCPFCEVKXCVGF
GXGPCHVGTOCPWCNN[UVQRRKPIVJGEQORTGUUQT
2TQVGEVKPIVJGEQORTGUUQT
5JWVFQYP
+HVJGEQORTGUUQTGNGOGPVQWVNGVVGORGTCVWTGGZEGGFUVJGRTQITCOOGFUJWVFQYPNGXGNVJGEQORTGUUQT
YKNNDGUVQRRGF6JKUYKNNDGKPFKECVGFQPFKURNC[
CPFIGPGTCNCNCTO.'&
YKNNHNCUJ
6JGEQORTGUUQTYKNNCNUQDGUVQRRGFKPVJGGXGPVQHQXGTNQCFQH
6JGFTKXGOQVQT
6JGHCPOQVQT
4GOGF[VJGVTQWDNGCPFTGUGVVJGOGUUCIG5GGCNUQVJG5VCVWUFCVCOGPW
+PUVTWEVKQPOCPWCN
$GHQTGTGOGF[KPIEQPUWNVVJG5CHGV[RTGECWVKQPU
5JWVFQYPYCTPKPI
#UJWVFQYPYCTPKPINGXGNKUCRTQITCOOCDNGNGXGNDGNQYVJGUJWVFQYPNGXGN
+HVJGEQORTGUUQTGNGOGPVQWVNGVVGORGTCVWTGGZEGGFUVJGRTQITCOOGFUJWVFQYPYCTPKPINGXGNC
OGUUCIGYKNNCRRGCTQPFKURNC[
CPFIGPGTCNCNCTO.'&
YKNNNKIJVWRVQYCTPVJGQRGTCVQTVJCVVJG
UJWVFQYPYCTPKPINGXGNKUGZEGGFGF
6JGOGUUCIGFKUCRRGCTUCUUQQPCUVJGYCTPKPIEQPFKVKQPFKUCRRGCTU
5GTXKEGYCTPKPI
#PWODGTQHUGTXKEGQRGTCVKQPUCTGITQWRGF
ECNNGF5GTXKEGRNCPU#$%'CEJ5GTXKEGRNCPJCUC
RTQITCOOGFVKOGKPVGTXCN+HCVKOGKPVGTXCNKUGZEGGFGFCOGUUCIGYKNNCRRGCTQPFKURNC[
VQYCTP
VJGQRGTCVQTVQECTT[QWVVJGUGTXKEGCEVKQPUDGNQPIKPIVQVJCVRNCP
9CTPKPI
#YCTPKPIOGUUCIGCNUQCRRGCTUKH
1P(WNN(GCVWTGEQORTGUUQTUYKVJ+(&FT[GTVJGFGYRQKPVVGORGTCVWTGKUVQQJKIJKPTGNCVKQPVQVJG
CODKGPVVGORGTCVWTG
#WVQOCVKETGUVCTVCHVGTXQNVCIGHCKNWTG
6JGTGIWNCVQTJCUCDWKNVKPHWPEVKQPVQCWVQOCVKECNN[TGUVCTVVJGEQORTGUUQTYJGPVJGXQNVCIGKU
TGUVQTGFCHVGTXQNVCIGHCKNWTG6JKUHWPEVKQPKUFGCEVKXCVGFKPEQORTGUUQTUNGCXKPIVJGHCEVQT[+HFGUKTGF
VJGHWPEVKQPECPDGCEVKXCVGF%QPUWNVVJG#VNCU%QREQ%WUVQOGT%GPVTG
+HCEVKXCVGFCPFRTQXKFGFVJGTGIWNCVQTYCUKPVJGCWVQOCVKEQRGTCVKQPOQFGVJG
EQORTGUUQTYKNNCWVQOCVKECNN[TGUVCTVKHVJGUWRRN[XQNVCIGVQVJGOQFWNGKUTGUVQTGF
YKVJKPCRTQITCOOGFVKOGRGTKQF
6JGRQYGTTGEQXGT[VKOG
VJGRGTKQFYKVJKPYJKEJVJGXQNVCIGOWUVDGTGUVQTGFVQ
JCXGCPCWVQOCVKETGUVCTVECPDGUGVDGVYGGPCPFUGEQPFUQTVQ+PHKPKVG
+HVJGRQYGTTGEQXGT[VKOGKUUGVVQ+PHKPKVGVJGEQORTGUUQTYKNNCNYC[UTGUVCTV
CHVGTCXQNVCIGHCKNWTGPQOCVVGTJQYNQPIKVVCMGUVQTGUVQTGVJGXQNVCIG#TGUVCTV
FGNC[ECPCNUQDGRTQITCOOGFCNNQYKPIGIVYQEQORTGUUQTUVQDGTGUVCTVGFQPG
CHVGTVJGQVJGT
+PUVTWEVKQPOCPWCN
%QPVTQNRCPGN
'NGMVTQPKMQPTGIWNCVQT
2CTVUCPFHWPEVKQPU
4GHGTGPEG
&GUKIPCVKQP
(WPEVKQP
5VCTVDWVVQP
$WVVQPVQUVCTVVJGEQORTGUUQT.'&
NKIJVUWR
KPFKECVKPIVJCVVJG'NGMVTQPKMQPTGIWNCVQTKU
QRGTCVKXG
&KURNC[
5JQYUOGUUCIGUCDQWVVJGEQORTGUUQTQRGTCVKPI
EQPFKVKQPCUGTXKEGPGGFQTCHCWNV
5ETQNNMG[U
-G[UVQUETQNNWRYCTFUQTFQYPYCTFUVJTQWIJVJG
FKURNC[
6CDWNCVQTMG[
-G[VQUGNGEVVJGRCTCOGVGTKPFKECVGFD[VJG
JQTK\QPVCNCTTQY1PN[VJGRCTCOGVGTUHQNNQYGFD[
CPCTTQYRQKPVKPIVQVJGTKIJVECPDGOQFKHKGF
(WPEVKQPMG[U
-G[UVQEQPVTQNCPFRTQITCOVJGEQORTGUUQT
8QNVCIGQP.'&
+PFKECVGUVJCVVJGXQNVCIGKUUYKVEJGFQP
)GPGTCNCNCTO.'&
+UNKVKHCYCTPKPIUGTXKEGYCTPKPIQTUJWVFQYP
YCTPKPIEQPFKVKQPGZKUVU
)GPGTCNCNCTO.'&
(NCUJGUKHCUJWVFQYPEQPFKVKQPGZKUVUKHCP
KORQTVCPVUGPUQTKUQWVQHQTFGTQTCHVGTCP
GOGTIGPE[UVQR
#WVQOCVKEQRGTCVKQP.'&
+PFKECVGUVJCVVJGTGIWNCVQTKUCWVQOCVKECNN[
EQPVTQNNKPIVJGEQORTGUUQT
5VQRDWVVQP
$WVVQPVQUVQRVJGEQORTGUUQT.'&
IQGUQWV
6JGEQORTGUUQTYKNNUVQRCHVGTTWPPKPIKP
WPNQCFGFEQPFKVKQPHQTCDQWVUGEQPFU
5
'OGTIGPE[UVQRDWVVQP
2WUJDWVVQPVQUVQRVJGEQORTGUUQTKOOGFKCVGN[
KPVJGGXGPVQHCPGOGTIGPE[#HVGTTGOGF[KPI
VJGVTQWDNGWPNQEMVJGDWVVQPD[RWNNKPIKVQWV
+PUVTWEVKQPOCPWCN
(WPEVKQPMG[U
%QPVTQNRCPGN
(WPEVKQPMG[U
6JGMG[U
CTGWUGF
6QOCPWCNN[NQCFWPNQCFVJGEQORTGUUQT
6QECNNWRQTVQRTQITCOUGVVKPIU
6QTGUGVCOQVQTQXGTNQCFUJWVFQYPQTUGTXKEGOGUUCIGQTCPGOGTIGPE[UVQR
6QCEEGUUCNNFCVCEQNNGEVGFD[VJGTGIWNCVQT
6JGHWPEVKQPUQHVJGMG[UXCT[FGRGPFKPIQPVJGFKURNC[GFOGPW6JGCEVWCNHWPEVKQPKUKPFKECVGFLWUV
CDQXGVJGTGNGXCPVMG[6JGOQUVEQOOQPHWPEVKQPUCTGNKUVGFDGNQY
&GUKIPCVKQP
(WPEVKQP
#FF
6QCFFEQORTGUUQTUVCTVUVQREQOOCPFU
FC[JQWT
$CEM
6QTGVWTPVQCRTGXKQWUN[UJQYPQRVKQPQTOGPW
%CPE
6QECPEGNCRTQITCOOGFUGVVKPIYJGPRTQITCOOKPIRCTCOGVGTU
&GN
6QFGNGVGEQORTGUUQTUVCTVUVQREQOOCPFU
*GNR
6QHKPFVJG#VNCU%QREQ+PVGTPGVCFFTGUU
.KO
6QUJQYNKOKVUHQTCRTQITCOOCDNGUGVVKPI
.QCF
6QNQCFVJGEQORTGUUQTOCPWCNN[
/CKP
6QTGVWTPHTQOCOGPWVQVJGOCKPUETGGP
/GPW
5VCTVKPIHTQOVJGOCKPUETGGPVQJCXGCEEGUUVQVJGUWDOGPWU
/GPW
5VCTVKPIHTQOCUWDOGPWVQTGVWTPVQCRTGXKQWUOGPW
/QF
6QOQFKH[RTQITCOOCDNGUGVVKPIU
2TQI
6QRTQITCOOQFKHKGFUGVVKPIU
4UGV
6QTGUGVCVKOGTQTOGUUCIG
4VTP
6QTGVWTPVQCRTGXKQWUN[UJQYPQRVKQPQTOGPW
7PNF
6QWPNQCFVJGEQORTGUUQTOCPWCNN[
:VTC
6QHKPFVJGOQFWNGEQPHKIWTCVKQPQHVJGTGIWNCVQT
+PUVTWEVKQPOCPWCN
5ETQNNMG[U
%QPVTQNRCPGN
6JGMG[U
CNNQYVJGQRGTCVQTVQUETQNNVJTQWIJVJGFKURNC[
#UNQPICUCFQYPYCTFURQKPVKPICTTQYKUUJQYPCVVJGHCTTKIJVRQUKVKQPQHVJGFKURNC[VJGUETQNNMG[
YKVJVJGUCOGU[ODQNECPDGWUGFVQUGGVJGPGZVKVGO
#UNQPICUCPWRYCTFURQKPVKPICTTQYKUUJQYPCVVJGHCTTKIJVRQUKVKQPQHVJGFKURNC[VJGUETQNNMG[
YKVJVJGUCOGU[ODQNECPDGWUGFVQUGGVJGRTGXKQWUKVGO
'OGTIGPE[UVQRDWVVQP
%QPVTQNRCPGN
+PVJGGXGPVQHCPGOGTIGPE[RTGUUDWVVQP
5VQUVQRVJGEQORTGUUQTKOOGFKCVGN[
$GHQTGUVCTVKPICP[OCKPVGPCPEGQTTGRCKTUYCKVWPVKNVJGEQORTGUUQTJCUUVQRRGFCPF
QRGPVJGKUQNCVKPIUYKVEJ
EWUVQOGT UKPUVCNNCVKQPVQUYKVEJQHHVJGXQNVCIGVQVJG
EQORTGUUQT
%NQUGVJGCKTQWVNGVXCNXGCPFQRGPVJGOCPWCNEQPFGPUCVGFTCKPXCNXGUVQFGRTGUUWTKUG
VJGCKTU[UVGO
#RRN[CNNTGNGXCPV5CHGV[RTGECWVKQPU
+PUVTWEVKQPOCPWCN
%QPVTQNRTQITCOU
&GUETKRVKQP
+PQTFGTVQHCEKNKVCVGRTQITCOOKPICPFEQPVTQNNKPIOGPWFTKXGPEQPVTQNRTQITCOUJCXGDGGPKORNGOGPVGF
KPVJGTGIWNCVQT
+PUVTWEVKQPOCPWCN
/GPWHNQYHQT)#WRVQ)#%
UKORNKHKGF
+PUVTWEVKQPOCPWCN
/GPWHNQYHQT)#WRVQ)#%9QTMRNCEG(WNN(GCVWTGYKVJ+(&FT[GT
UKORNKHKGF
+PUVTWEVKQPOCPWCN
/CKPOGPW
2TQITCO
(WPEVKQP
/CKPUETGGP
5JQYUKPUJQTVVJGQRGTCVKQPUVCVWUQHVJGEQORTGUUQT+UVJGICVGYC[VQCNN
HWPEVKQPU
5VCVWUFCVC
%CNNUWRVJGUVCVWUQHVJGEQORTGUUQTRTQVGEVKQPHWPEVKQPU
UJWVFQYPUJWV
FQYPYCTPKPIUGTXKEGYCTPKPICPFYCTPKPI4GUGVUCUJWVFQYPOQVQT
QXGTNQCFCPFUGTXKEGEQPFKVKQP
/GCUWTGFFCVC
%CNNUWRVJGFCVCEWTTGPVN[OGCUWTGFCPFVJGUVCVWUQHCPWODGTQHKPRWVU
%QWPVGTU
%CNNUWRVJGTWPPKPIJQWTUNQCFGFJQWTUTGIWNCVQT
OQFWNGJQWTUCPF
PWODGTQHOQVQTUVCTVU
6GUV
&KURNC[VGUV
/QFKH[RCTCOGVGTU
/QFKHKGUVJGUGVVKPIUHQT
2CTCOGVGTU
GINQCFKPICPFWPNQCFKPIRTGUUWTGU
2TQVGEVKQPU
GIVGORGTCVWTGUJWVFQYPNGXGN
5GTXKEGRNCPU
VKOGTUHQTUGTXKEGRNCPU
%NQEMHWPEVKQPU
CWVQOCVKEEQORTGUUQTUVCTVUVQRRTGUUWTGDCPF
EQOOCPFU
%QPHKIWTCVKQP
VKOGFCVGFKURNC[NCPIWCIG
5GTXKEG
%CNNUWRUGTXKEGRNCPUCPFTGUGVUVJGVKOGTUCHVGTECTT[KPIQWVVJGUGTXKEG
CEVKQPUDGNQPIKPIVQCRNCP
5CXGFFCVC
%CNNUWRVJGUCXGFFCVCNCUVUJWVFQYPNCUVGOGTIGPE[UVQRFCVC
/CKPUETGGPOGPW
(WPEVKQP
%QPVTQNRCPGN
6JG/CKPUETGGPOGPWUJQYUVJGUVCVWUQHVJGEQORTGUUQTQRGTCVKQPCPFKUVJGICVGYC[VQCNNHWPEVKQPU
KORNGOGPVGFKPVJGTGIWNCVQT
2TQEGFWTG
6JG/CKPUETGGPKUUJQYPCWVQOCVKECNN[YJGPVJGXQNVCIGKUUYKVEJGFQP
+HVJGHWPEVKQPQTCTTQYMG[U
CPFCTGPQVWUGFHQTUQOGOKPWVGUVJGTGIWNCVQTYKNNCWVQOCVKECNN[
TGVWTPVQVJG/CKPUETGGP
9JGPGXGTFKURNC[GFQPCUWDOGPWUETGGPRTGUUVJG/CKPMG[
(VQTGVWTPVQVJG/CKPUETGGP
+PUVTWEVKQPOCPWCN
'ZCORNGQH/CKPUETGGP
%QORTGUUQT1WV
DCT
#WVQ.QCFGF
/GPW
(
7PNQCF
(
(
6JGFKURNC[KPFKECVGU
6JGPCOGQHVJGUGPUQTCPFKVUCEVWCNTGCFKPI
/GUUCIGUTGICTFKPIVJGEQORTGUUQTQRGTCVKPIEQPFKVKQP
,WUVCDQXGVJGHWPEVKQPMG[U
VJGCEVWCNHWPEVKQPUQHVJGUGMG[U
%CNNKPIWROGPWU
&GUETKRVKQP
%QPVTQNRCPGN
9JGPVJGXQNVCIGKUUYKVEJGFQPVJG/CKPUETGGPKUUJQYPCWVQOCVKECNN[
%QORTGUUQT1WV
DCT
#WVQ.QCFGF
/GPW
(
7PNF
(
(
#HVGTRTGUUKPIVJG/GPW
(MG[VJGQRVKQP5VCVWUFCVCYKNNDGHQNNQYGFD[CJQTK\QPVCNCTTQY
'KVJGTRTGUUVJGVCDWNCVQTMG[
VQUGNGEVVJKUOGPW
1TWUGVJGCTTQYFQYPMG[
WPVKNVJGFGUKTGFUWDOGPWKUHQNNQYGFD[CJQTK\QPVCNCTTQYCPFVJGP
RTGUUVJGVCDWNCVQTMG[
VQUGNGEVVJKUOGPW
6JGCTTQYFQYPMG[
ECPDGWUGFHQTCSWKEMNQQMCVVJGCEVWCNEQORTGUUQTUVCVWU
+PUVTWEVKQPOCPWCN
5VCVWUFCVCOGPW
9CTPKPI
$GHQTGUVCTVKPICP[OCKPVGPCPEGQTTGRCKTURTGUUVJGUVQRDWVVQP
YCKVWPVKNVJG
EQORTGUUQTJCUUVQRRGFRTGUUVJGTGFGOGTIGPE[UVQRDWVVQPCPFQRGPVJG
KUQNCVKPIUYKVEJ
EWUVQOGT UKPUVCNNCVKQPVQUYKVEJQHHVJGXQNVCIGVQVJG
EQORTGUUQT
%NQUGVJGCKTQWVNGVXCNXGCPFFGRTGUUWTKUGVJGCKTU[UVGO
(WPEVKQP
%QPVTQNRCPGN
6JG5VCVWUFCVCUWDOGPWIKXGUKPHQTOCVKQPTGICTFKPIVJGUVCVWUQHVJGEQORTGUUQTRTQVGEVKQPHWPEVKQPU
UJWVFQYPUJWVFQYPYCTPKPIUGTXKEGYCTPKPICPFYCTPKPICPFCNNQYUTGUGVVKPIQHCUJWVFQYP
OQVQTQXGTNQCFCPFUGTXKEGEQPFKVKQP
2TQEGFWTG
5VCTVKPIHTQOVJG/CKPUETGGP
UGG/CKPUETGGPOGPW
2TGUUVJGMG[/GPW
(VJGQRVKQP5VCVWUFCVCYKNNDGHQNNQYGFD[CJQTK\QPVCNCTTQY
2TGUUVJGVCDWNCVQTMG[
0QOGUUCIGGZKUVU
)GPGTCNCNCTO.'&
KUQWVCPFVJGOGUUCIGQPVJGFKURNC[YKNNKPFKECVGVJCVCNNEQPFKVKQPUCTG
PQTOCN
#NNEQPFKVKQPUCTG1-
/GPW
(
(
(
#UJWVFQYPOGUUCIGGZKUVU
+HVJGEQORTGUUQTKUUJWVFQYP.'&
YKNNHNCUJ
+PVJGGXGPVQHCUJWVFQYPFWGVQVQQJKIJCVGORGTCVWTGCVVJGQWVNGVQHVJGEQORTGUUQTGNGOGPV
+PUVTWEVKQPOCPWCN
'NGOGPV1WVNGV
u%
5JF
/CZ
/GPW
(
4GUGV
(
(
6JGKPFKECVQTU
CTGHNCUJKPI6JGUETGGPUJQYUVJGCEVWCNTGCFKPI
u%VJCVVJGEQORTGUUQT
KUUJWVFQYP
5JFCPFVJGUJWVFQYPUGVVKPI
u%
+VTGOCKPURQUUKDNGVQUETQNNVJTQWIJQVJGTOGPWUGIVQEJGEMVJGXCNWGUQHQVJGTRCTCOGVGTU
9JGPTGVWTPKPIVQVJG5VCVWUFCVCOGPWVJGQRVKQP5JWVFQYPUYKNNHNCUJ6JKUQRVKQPECPDG
UGNGEVGFD[RTGUUKPIVJGVCDWNCVQTMG[
VQTGVWTPVQVJGCDQXGUJWVFQYPUETGGP
5JWVFQYPTGUGV
5YKVEJQHHVJGXQNVCIGCPFTGOGF[VJGVTQWDNG#HVGTTGOGF[KPICPFYJGPVJGUJWVFQYPEQPFKVKQP
JCUFKUCRRGCTGFUYKVEJQPVJGXQNVCIGCPFRTGUUVJGMG[4UGV
(
2TGUUVJGMG[U/GPWCPF/CKPVQTGVWTPVQVJG/CKPUETGGPCPFTGUVCTVVJGEQORTGUUQTD[OGCPU
QHUVCTVDWVVQP
/QVQTQXGTNQCFTGUGV
5YKVEJQHHVJGXQNVCIGCPFTGOGF[VJGVTQWDNG6JGQXGTNQCFTGNC[
(KUCWVQOCVKECNN[TGUGVCHVGT
EQQNKPIQHHDWVVJGHCPEKTEWKVDTGCMGT
3OWUVDGTGUGVOCPWCNN[5YKVEJQPVJGXQNVCIGCPFRTGUU
VJGMG[4UGV
(
2TGUUVJGMG[U/GPWCPF/CKPVQTGVWTPVQVJG/CKPUETGGPCPFTGUVCTVVJGEQORTGUUQTD[OGCPU
QHUVCTVDWVVQP
#UJWVFQYPYCTPKPIOGUUCIGGZKUVU
#UJWVFQYPYCTPKPINGXGNKUCRTQITCOOCDNGNGXGNDGNQYVJGUJWVFQYPNGXGN
+HCUJWVFQYPYCTPKPIGZKUVU.'&
KUNKV6JG/CKPUETGGPYKNNEJCPIGKPVQCUETGGPUKOKNCTVQVJG
QPGDGNQY
%QORTGUUQT1WV
DCT
5JWVF
9CTP
/GPW
(
7PNF
(
(
6JGKPFKECVQTU
CTGHNCUJKPI6JGOGUUCIG5JWVF9CTPCRRGCTUCNVGTPCVGN[YKVJVJG
OGUUCIGUKPFKECVKPIYJGVJGTVJGEQORTGUUQTTWPUWPNQCFGFQTNQCFGF
2TGUUVJGMG[/GPW
(CPFVJGVCDWNCVQTMG[
VQUGNGEVVJG5VCVWUFCVCOGPWVJGQRVKQP
2TQVGEVKQPKUHNCUJKPI
5ETQNNVQVJKUQRVKQPCPFUGNGEVKVD[RTGUUKPIVJGVCDWNCVQTMG[
#UETGGPUKOKNCTVQVJGQPGDGNQY
CRRGCTU
+PUVTWEVKQPOCPWCN
'NGOGPVQWVNGV
u%
5JFY
/CZ
/GPW
(
(
(
6JGUETGGPKPFKECVGUVJCVVJGVGORGTCVWTGCVVJGQWVNGVQHVJGEQORTGUUQTGNGOGPVGZEGGFUVJG
RTQITCOOGFUJWVFQYPYCTPKPINGXGN
+HPGEGUUCT[UVQRVJGEQORTGUUQTD[OGCPUQHUVQRDWVVQP
CPFYCKVWPVKNKVJCUUVQRRGF
5YKVEJQHHVJGXQNVCIGKPURGEVCPFTGOGF[
6JGYCTPKPIOGUUCIGYKNNFKUCRRGCTCWVQOCVKECNN[CUUQQPCUVJGYCTPKPIEQPFKVKQPFKUCRRGCTU
#UGTXKEGYCTPKPIGZKUVU
.'&
KUNKV6JG/CKPUETGGPYKNNEJCPIGKPVQCUETGGPUKOKNCTVQVJGQPGDGNQY
%QORTGUUQTQWV
DCT
5GTX4GSWKT
/GPW
(
7PNF
(
(
6JGKPFKECVQTU
CTGHNCUJKPICPFVJGUGTXKEGYCTPKPIOGUUCIGCRRGCTUCNVGTPCVGN[YKVJVJG
OGUUCIGUKPFKECVKPIYJGVJGTVJGEQORTGUUQTTWPUWPNQCFGFQTNQCFGF
2TGUUVJGMG[/GPW
(CPFVJGVCDWNCVQTMG[
VQUGNGEVVJG5VCVWUFCVCOGPWVJGQRVKQP
5GTXKEGKUHNCUJKPI
5ETQNNVQVJKUQRVKQPCPFUGNGEVKVD[RTGUUKPIVJGVCDWNCVQTMG[
VYQQRVKQPUOC[HNCUJ
+PRWVUKHVJGRTQITCOOGFUGTXKEGNGXGNQHCEQORQPGPVKUGZEGGFGF
GIVJGOCZKOWORTGUUWTG
FTQRQHVJGQKNUGRCTCVQT
2NCPUKHCUGTXKEGRNCPKPVGTXCNKUGZEGGFGF
5VQRVJGEQORTGUUQTCPFUYKVEJQHHVJGXQNVCIG
+HVJGUGTXKEGOGUUCIGYCUTGHGTTKPIVQ+PRWVU
QKNUGRCTCVQTTGRNCEGVJGUGRCTCVQTUYKVEJQPVJG
XQNVCIGUETQNNKPVJG5VCVWUFCVCOGPWVQ+PRWVUCPFRTGUUVJG4GUGVMG[VQTGUGVVJGUGTXKEG
OGUUCIG
+HVJGUGTXKEGOGUUCIGYCUTGHGTTKPIVQ2NCPUECTT[QWVVJGUGTXKEGCEVKQPUTGNCVGFVQVJGKPFKECVGF
RNCPU4GUGVVJGVKOGTUQHVJGTGNCVGFRNCPU%QPVCEV[QWT#VNCU%QREQ%WUVQOGT%GPVTG5GGUGEVKQP
5GTXKEGOGPW
#YCTPKPIOGUUCIGGZKUVU
.'&
KUNKVCPFCYCTPKPIOGUUCIGYKNNCRRGCTQPVJGUETGGP
6JGKPFKECVQTU
CTGHNCUJKPICPFVJGYCTPKPIOGUUCIGCRRGCTUCNVGTPCVGN[YKVJVJGOGUUCIGU
KPFKECVKPIYJGVJGTVJGEQORTGUUQTTWPUWPNQCFGFQTNQCFGF6JKUYCTPKPIKPFKECVGUVJCV
1P(WNN(GCVWTGEQORTGUUQTUYKVJ+(&FT[GTVJGFGYRQKPVVGORGTCVWTGKUVQQJKIJKPTGNCVKQPVQ
VJGCODKGPVVGORGTCVWTG
5VQRVJGEQORTGUUQTCPFUYKVEJQHHVJGXQNVCIG+PURGEVVJGEQORTGUUQTCPFTGOGF[
+PUVTWEVKQPOCPWCN
/GCUWTGFFCVCOGPW
%QPVTQNRCPGN
(WPEVKQP
6QECNNWRKPHQTOCVKQPTGICTFKPIVJGCEVWCNN[OGCUWTGFFCVCCPFVJGUVCVWUQHUQOGKPRWVUUWEJCUVJG
OQVQTQXGTNQCFRTQVGEVKQP%QPUWNVVJGOGPWHNQYKPUGEVKQP%QPVTQNRTQITCOU
2TQEGFWTG
5VCTVKPIHTQOVJG/CKPUETGGP
UGG/CKPUETGGPOGPW
2TGUUVJGMG[/GPW
(
2TGUUVJGCTTQYFQYPMG[
WPVKN/GCUWTGFFCVCKUHQNNQYGFD[CJQTK\QPVCNCTTQY
#EVKXCVGVJGOGPWD[RTGUUKPIVJGVCDWNCVQTMG[
$[RTGUUKPIVJGUETQNNMG[U
CPWODGTQHCEVWCNN[OGCUWTGFFCVCECPDGHQWPF
+HQPGQHVJGUGPUQTUKUNKPMGFVQCUJWVFQYPUGTXKEGQTYCTPKPIHWPEVKQPDQVJVJGCEVWCNN[
OGCUWTGFXCNWGCUYGNNCUVJGEQTTGURQPFKPIUJWVFQYPYCTPKPIQTUGTXKEGNGXGNECPDGECNNGFWRD[
RTGUUKPIMG[
%QWPVGTUOGPW
%QPVTQNRCPGN
(WPEVKQP
6QECNNWR
6JGTWPPKPIJQWTU
+PUVTWEVKQPOCPWCN
6JGNQCFGFJQWTU
6JGPWODGTQHOQVQTUVCTVU
6JGPWODGTQHJQWTUVJGTGIWNCVQT
OQFWNGJCUDGGPWPFGTVGPUKQP
6JGPWODGTQHNQCFE[ENGU
2TQEGFWTG
5VCTVKPIHTQOVJG/CKPUETGGP
UGG/CKPUETGGPOGPW
2TGUUVJGMG[/GPW
(
2TGUUVJGCTTQYFQYPMG[
WPVKN%QWPVGTUKUHQNNQYGFD[CJQTK\QPVCNCTTQY
2TGUUVJGVCDWNCVQTMG[
VQCEVKXCVGVJGOGPW
$[RTGUUKPIVJGCTTQYMG[
VJGCDQXGOGPVKQPGFFCVCECPDGHQWPF
'ZCORNGQHC%QWPVGTUUETGGP
4WPPKPIJQWTU
JTU
JTU
/GPW
(
(
(
6GUVOGPW
%QPVTQNRCPGN
(WPEVKQP
6QECTT[QWVCFKURNC[VGUVKGVQEJGEMYJGVJGTVJGFKURNC[CPF.'&UCTGUVKNNKPVCEV
(QTEQORTGUUQTUYKVJ'9&
'NGEVTQPKE9CVGT&TCKPUVQVGUVVJG'9&
2TQEGFWTG
5VCTVKPIHTQOVJG/CKPUETGGP
UGG/CKPUETGGPOGPW
2TGUUVJGMG[/GPW
(
2TGUUCTTQYFQYPMG[
WPVKN6GUVKUHQNNQYGFD[CJQTK\QPVCNCTTQY
+PUVTWEVKQPOCPWCN
#EVKXCVGVJGOGPWD[RTGUUKPIVJGMG[
6JGQRVKQP&KURNC[VGUVYKNNDGHQNNQYGFD[CJQTK\QPVCNCTTQY
6QVGUVVJGFKURNC[RTGUUVJGMG[
&WTKPIVGUVKPIVJGTGIWNCVQTYKNNIGPGTCVGCUGTKGUQHRCVVGTPU
QPVJGFKURNC[YJKEJGPCDNGVJGQRGTCVQTVQEJGEMVJCVGCEJRKZGNUVKNNHWPEVKQPUPQTOCNN[CVVJGUCOG
VKOGVJG.'&UCTGNKV
6QVGUVVJG'NGEVTQPKE9CVGT&TCKPURTGUUVJGCTTQYFQYPMG[WPVKNVJGQRVKQP'NGEVTQPKE&TCKPKU
HQNNQYGFD[CJQTK\QPVCNCTTQY
2TGUUVJGVCDWNCVQTMG[
VQCEVKXCVGVJGOGPW
2TGUUVJGMG[5VCTV%JGEMVJCVVJGXCNXGQRGPUHQTEQPFGPUCVGFKUEJCTIG4GNGCUGVJG5VCTVMG[
CHVGTVGUVKPI
2TGUUVJGMG[$CEMVQTGVWTPVQVJGRTGXKQWUOGPW
2TGUUVJGMG[/GPW
(VQTGVWTPVQVJGUWDOGPW
/QFKH[RCTCOGVGTUOGPW
(WPEVKQP
6QOQFKH[CPWODGTQHRTQITCOOCDNGUGVVKPIU
2CTCOGVGTU
UGGUGEVKQP/QFKH[KPIRCTCOGVGTU
2TQVGEVKQPU
UGGUGEVKQP/QFKH[KPIRTQVGEVKQPU
5GTXKEGRNCPUGVVKPIU
UGGUGEVKQP/QFKH[KPIUGTXKEGRNCPUGVVKPIU
%NQEMHWPEVKQPUGVVKPIU
UGGUGEVKQP/QFKH[KPIENQEMHWPEVKQPUGVVKPIU
%QPHKIWTCVKQPUGVVKPIU
UGGUGEVKQP/QFKH[KPIEQPHKIWTCVKQPUGVVKPIU
/QFKH[KPIRCTCOGVGTU
%QPVTQNRCPGN
(WPEVKQP
6QOQFKH[CPWODGTQHRCTCOGVGTU%QPUWNVVJGOGPWHNQYKPUGEVKQP%QPVTQNRTQITCOU
2TQEGFWTG
5VCTVKPIHTQOVJG/CKPUETGGP
UGG/CKPUETGGPOGPW
+PUVTWEVKQPOCPWCN
2TGUUVJGMG[/GPW
(
2TGUUVJGCTTQYFQYPMG[
WPVKN/QFKH[RCTCOUKUHQNNQYGFD[CJQTK\QPVCNCTTQY
#EVKXCVGVJGOGPWD[RTGUUKPIVJGVCDWNCVQTMG[
6JGHKTUVKVGO2CTCOGVGTUYKNNDGHQNNQYGFD[CJQTK\QPVCNCTTQY
2TGUUVJGVCDWNCVQTMG[
VJGHKTUVKVGO.QCFKPIRTGUUWTGCPFKVUUGVVKPIYKNNCRRGCT
2TGUUVJGCTTQYFQYPMG[
WPVKNVJGRCTCOGVGTVQDGOQFKHKGFKUHQNNQYGFD[CJQTK\QPVCNCTTQY
/QFKH[KPIVJGNQCFKPICPFWPNQCFKPIRTGUUWTGU
+HFGUKTGFVJGQRGTCVQTECPRTQITCOVYQRTGUUWTGDCPFU
DCPFCPFDCPFYKVJFKHHGTGPVNQCFKPICPF
WPNQCFKPIRTGUUWTGU6JGUGVVKPIUHQTDCPFCTGKPFKECVGFCU.QCFKPIRTGUUWTGCPF7PNQCFKPI
RTGUUWTGVJGUGVVKPIUHQTDCPFCTGKPFKECVGFCU.QCFKPIRTGUUWTGCPF7PNQCFKPIRTGUUWTG
'ZCORNG
(QTRTGUUWTGDCPF
.QCFKPIRTGUUWTGDCT
7PNQCFKPIRTGUUWTGDCT
(QTRTGUUWTGDCPF
.QCFKPIRTGUUWTGDCT
7PNQCFKPIRTGUUWTGDCT
2TQEGFWTG
%QPUWNVVJGUGEVKQP2TQEGFWTGCDQXGVQUGNGEV.QCFKPIRTGUU
.QCFKPI2TGUU
DCT
/GPW
/QF
(
(
(
6JGUETGGPUJQYUVJCVVJGEWTTGPVUGVVKPIKUDCT
G6QOQFKH[VJKUUGVVKPIRTGUUVJGMG[/QF
(VJGUGVVKPIYKNNHNCUJ
6JGMG[.KO
(ECPDGWUGFVQHKPFQWVVJGNKOKVCVKQPUHQTVJGRCTCOGVGT
7UGVJGUETQNNMG[U
VQEJCPIGVJGUGVVKPI
2TGUUVJGMG[2TQI
(VQRTQITCOVJGPGYXCNWGQTVJGMG[%CPE
(VQECPEGNVJGOQFKHKECVKQP
QRGTCVKQP
6JGRTQEGFWTGVQOQFKH[VJG7PNQCFKPIRTGUUWTGKUUKOKNCT
+HTGSWKTGFTGRGCVVJGRTQEGFWTGHQTRTGUUWTGDCPF
6JGRTQEGFWTGVQOQFKH[QVJGTRCTCOGVGTUKUUKOKNCT
6JGTGIWNCVQTYKNNPQVCEEGRVPGYXCNWGUDG[QPFVJGNKOKVU2TGUUVJGMG[.KOVQ
EJGEMVJGNKOKVCVKQPUHQTVJGRCTCOGVGT%QPUWNV2TQITCOOCDNGUGVVKPIUHQTVJGOQUV
KORQTVCPVUGVVKPIU
+PUVTWEVKQPOCPWCN
/QFKH[KPIRTQVGEVKQPUGVVKPIU
%QPVTQNRCPGN
(WPEVKQP
6QOQFKH[RTQVGEVKQPUGVVKPIU
5JWVFQYP
5JFGIHQTVJGEQORTGUUQTGNGOGPVQWVNGVVGORGTCVWTG
5JWVFQYPYCTPKPI
5JFYGIHQTVJGEQORTGUUQTGNGOGPVQWVNGVVGORGTCVWTG
5GTXKEGYCTPKPI
5GTXGIHQTVJGOCZKOWORTGUUWTGFTQRQXGTVJGQKNUGRCTCVQT
6QEJGEMXCTKQWUEQORTGUUQTEQPFKVKQPUGIVJGUVCVWUQHVJGOQVQTQXGTNQCFEQPVCEVU5QOG
RCTCOGVGTUECPPQVDGOQFKHKGF
2TQEGFWTG
5VCTVKPIHTQOVJG/CKPUETGGP
UGG/CKPUETGGPOGPW
2TGUUVJG/GPWMG[
(
2TGUUVJGCTTQYFQYPMG[
WPVKNVJGQRVKQP/QFKH[RCTCOUKUHQNNQYGFD[CJQTK\QPVCNCTTQY
#EVKXCVGVJGOGPWD[RTGUUKPIVJGVCDWNCVQTMG[
2TGUUVJGCTTQYFQYPMG[
WPVKNVJGQRVKQP2TQVGEVKQPUKUHQNNQYGFD[CJQTK\QPVCNCTTQY
2TGUUVJGVCDWNCVQTMG[
VJGHKTUVKVGOCPFKVUXCNWGYKNNCRRGCT
2TGUUVJGCTTQYFQYPMG[
WPVKNVJGKVGOVQDGOQFKHKGFKUHQNNQYGFD[CJQTK\QPVCNCTTQYCPF
RTGUUVJGVCDWNCVQTMG[
/QFKH[KPIUGVVKPIUHQTVJGEQORTGUUQTGNGOGPVVGORGTCVWTG
%QPUWNVVJGUGEVKQP2TQEGFWTGVQUGNGEVVJGRCTCOGVGT'NGOGPVQWVNGV'ZCORNG
'NGOGPVQWVNGV
u%
5JF/CZ
/GPW
/QF
(
(
(
6JGUETGGPUJQYUVJGEWTTGPVVGORGTCVWTG
u%CPFVJGUJWVFQYPUGVVKPI
u%6QOQFKH[
VJGUGVVKPIRTGUUVJG/QFMG[
(VJGUGVVKPIYKNNHNCUJ
6JG.KOMG[
(ECPDGWUGFVQHKPFQWVVJGNKOKVUHQTVJGRCTCOGVGT
+PUVTWEVKQPOCPWCN
7UGVJGUETQNNMG[U
VQEJCPIGVJGUGVVKPI
2TGUU2TQIMG[
(VQRTQITCOVJGPGYXCNWGQT%CPE
(VQECPEGNVJGOQFKHKECVKQPQRGTCVKQP
6JGUETGGPCNUQUJQYUCJQTK\QPVCNCTTQYKPFKECVKPIVJCVVJGUJWVFQYPYCTPKPIXCNWGECPDG
OQFKHKGF
VJGRTQEGFWTGKUUKOKNCTVQVJGFGUETKRVKQPCDQXG
6JGRTQEGFWTGVQOQFKH[QVJGTKVGOUKUUKOKNCT(QTUQOGUGVVKPIUCFGNC[ECPDGRTQITCOOGF
6JGTGIWNCVQTYKNNPQVCEEGRVPGYXCNWGUDG[QPFVJGNKOKVU2TGUUVJGMG[.KOVQ
EJGEMVJGNKOKVUHQTVJGRCTCOGVGT%QPUWNV2TQITCOOCDNGUGVVKPIUHQTVJGOQUV
KORQTVCPVUGVVKPIU
/QFKH[KPIUGTXKEGRNCPU
%QPVTQNRCPGN
(WPEVKQP
6QOQFKH[VJGJQWTKPVGTXCNUHQTVJGUGTXKEGNGXGNU
5GTXKEGRNCPU
6JGUGTXKEGCEVKQPUVQDGECTTKGFQWVCTGITQWRGFKPRNCPUECNNGF5GTXKEGNGXGN#$%QT&9JGP
TGCEJKPICPKPVGTXCNCOGUUCIGYKNNCRRGCTQPVJGUETGGPKPFKECVKPIYJKEJ5GTXKEGRNCPUCTGVQDG
ECTTKGFQWV
#NYC[UEQPUWNV[QWT#VNCU%QREQ%WUVQOGT%GPVTGKHCP[VKOGTUJQWNFDGEJCPIGF6JG
KPVGTXCNUOWUVPQVGZEGGFVJGKPVGTXCNUDGNQYCPFOWUVEQKPEKFGNQIKECNN[
+PUVTWEVKQPOCPWCN
2TQITCOOGFUGTXKEGRNCPKPVGTXCNU
5GTXKEGRNCPU
+PVGTXCNU
5GTXKEGRNCP#
'CEJTWPPKPIJQWTU
5GTXKEGRNCP$
'CEJTWPPKPIJQWTU
5GTXKEGRNCP%
'CEJTWPPKPIJQWTU
5GTXKEGRNCP&
'CEJTWPPKPIJQWTU
6JGTGIWNCVQTYKNNPQVCEEGRVPGYXCNWGUDG[QPFVJGNKOKVU2TGUUVJGMG[.KOVQ
EJGEMVJGNKOKVUHQTVJGRCTCOGVGT%QPUWNV2TQITCOOCDNGUGVVKPIUHQTVJGOQUV
KORQTVCPVUGVVKPIU
4GUWNVKPIUGTXKEGCEVKQPUVQDGECTTKGFQWV
5GTXKEGCEVKQPUCEEQTFKPIVQ
#V
5GTXKEGRNCP#CPF$
TWPPKPIJQWTU
5GTXKEGRNCP#$CPF%
TWPPKPIJQWTU
5GTXKEGRNCP#CPF$
TWPPKPIJQWTU
5GTXKEGRNCP#$CPF%
TWPPKPIJQWTU
2TQEGFWTG
5VCTVKPIHTQOVJG/CKPUETGGP
UGG/CKPUETGGPOGPW
2TGUUVJG/GPWMG[
(
2TGUUVJGCTTQYFQYPMG[
WPVKN/QFKH[RCTCOUKUHQNNQYGFD[CJQTK\QPVCNCTTQY
#EVKXCVGVJGOGPWD[RTGUUKPIVJGVCDWNCVQTMG[
2TGUUVJGCTTQYFQYPMG[
WPVKN5GTXKEGRNCPKUHQNNQYGFD[CJQTK\QPVCNCTTQY
2TGUUVJGVCDWNCVQTMG[
CUETGGPUKOKNCTVQVJGQPGDGNQYYKNNCRRGCT
5GTXKEG6KOGT
4WPPKPIJQWTU
JTU
/GPW
(
(
(
6JGUETGGPUJQYUVJGCEVWCNTWPPKPIJQWTU
2TGUUVJGVCDWNCVQTMG[
CUETGGPUKOKNCTVQVJGQPGDGNQYYKNNCRRGCT
+PUVTWEVKQPOCPWCN
5GTXKEG6KOGT
.GXGN#
JTU
/GPW
/QF
(
(
(
6JGUETGGPKPFKECVGUVJCVVJGNGXGNHQT5GTXKEGRNCP#KUUGVCVTWPPKPIJQWTU
2TGUUVJG/QFMG[
(6JGMG[.KO
(ECPDGWUGFVQHKPFQWVVJGNKOKVCVKQPUHQTVJGRCTCOGVGT
7UGVJGCTTQYWRCPFCTTQYFQYPMG[UVQOQFKH[VJGKPVGTXCN
2TGUUVJG2TQIMG[
(VQRTQITCOVJGPGYUGVVKPIQTVJG%CPEMG[
(VQECPEGNVJG
OQFKHKECVKQPQRGTCVKQP
6JGRTQEGFWTGVQOQFKH[VJG5GTXKEGRNCPU$%CPF&KUUKOKNCT
2TQITCOOKPIENQEMHWPEVKQP
%QPVTQNRCPGN
(WPEVKQP
6QRTQITCO
6KOGDCUGFUVCTVUVQREQOOCPFUHQTVJGEQORTGUUQT
6KOGDCUGFEJCPIGQXGTEQOOCPFUHQTVJGPGVRTGUUWTGDCPF
2TQITCOOKPIUVCTVUVQRCPFRTGUUWTGDCPFEQOOCPFU
+PVJKUGZCORNGVJGEQORTGUUQTYKNNDGRTQITCOOGFCUHQNNQYU
1P/QPFC[CVUVCTVKPIKPRTGUUWTGDCPF
1P(TKFC[CVEJCPIKPIQXGTVQRTGUUWTGDCPF
1P5CVWTFC[CVUVQRRKPI
5VCTVKPIHTQOVJG/CKPUETGGP
UGG/CKPUETGGPOGPW
2TGUUVJGMG[/GPW
(
2TGUUVJGCTTQYFQYPMG[
WPVKN/QFKH[RCTCOUKUHQNNQYGFD[CJQTK\QPVCNCTTQY
#EVKXCVGVJGOGPWD[RTGUUKPIVCDWNCVQTMG[
7UGVJGCTTQYFQYPMG[
VQUETQNNWPVKNVJGQRVKQP%NQEMHWPEVKQPKUHQNNQYGFD[CJQTK\QPVCN
CTTQY
+PUVTWEVKQPOCPWCN
#EVKXCVGVJGOGPWD[RTGUUKPIVCDWNCVQTMG[
VJGHQNNQYKPIUETGGPCRRGCTU
%NQEM(WPEVKQP
0QVCEVKXCVGF
/GPW
/QF
&GN
(
(
(
2TGUUVJGVCDWNCVQTMG[
VJGHQNNQYKPIUETGGPCRRGCTU
/QPFC[
6WGUFC[
9GFPGUFC[
/GPW
/QF
&GN
(
(
(
7UGVJGUETQNNMG[U
WPVKNVJGFC[QPYJKEJCEQOOCPFOWUVDGRTQITCOOGFKUHQNNQYGFD[C
JQTK\QPVCNCTTQY2TGUUVJGVCDWNCVQTMG[
VJGHQNNQYKPIUETGGPCRRGCTU
/GPW
/QF
&GN
(
(
(
2TGUUVJGMG[/QF
(6JGHKTUVVYQFCUJGUYKNNHNCUJ7UGVJGUETQNNMG[U
VQGPVGT2TGUU
VJGVCDWNCVQTMG[
VQLWORVQVJGHQNNQYKPIVYQFCUJGU7UGVJGUETQNNMG[UVQGPVGT2TGUUVJG
VCDWNCVQTMG[VQLWORVQVJGTQYQHFCUJGU7UGVJGUETQNNMG[UVQGPVGTVJGEQOOCPF5VCTV
2TGUUVJGMG[2TQIVQRTQITCOVJGEQOOCPF5VCTV%QORTGUUQT
2TGUUVJGCTTQYFQYPMG[
VJGJQTK\QPVCNCTTQYKPFKECVGUVJCVVJGUGEQPFNKPGKUCEEGUUKDNG2TGUU
VJGMG[/QFCPFOQFKH[VJKUNKPGKPCUKOKNCTYC[VQVJGHQNNQYKPIEQOOCPF2TGUUWTG$CPF
2TGUUVJGMG[/GPW
(CPFUETQNNVQ(TKFC[
6JWTUFC[
(TKFC[
5CVWTFC[
/GPW
(
&GN
(
(
2TQITCOOKPIVJGEQOOCPFVQEJCPIGQXGTCVQENQEMVQ2TGUUWTG$CPFKUECTTKGFQWVKPCUKOKNCT
YC[CUFGUETKDGFCDQXG
2TGUUVJGMG[/GPW
(CPFUETQNNVQ5CVWTFC[2TQITCOOKPIVJGEQOOCPF%QORTGUUQT
5VQRKUECTTKGFQWVKPCUKOKNCTYC[CUFGUETKDGFCDQXG
+PUVTWEVKQPOCPWCN
#EVKXCVKPIFGCEVKXCVKPIVJGVKOGT
6JGVKOGTECPQPN[DGCEVKXCVGFKHCVNGCUVQPGUVCTVUVQREQOOCPFKURTQITCOOGF
5VCTVKPIHTQOVJG/CKPUETGGPRTGUUVJGMG[/GPW
(
7UGCTTQYFQYPMG[
WPVKNVJGQRVKQP/QFKH[2CTCOUKUHQNNQYGFD[CJQTK\QPVCNCTTQY
2TGUUVJGVCDWNCVQTMG[
VQCEVKXCVGVJGOGPW
7UGVJGCTTQYFQYPMG[WPVKNVJGQRVKQP%NQEM(WPEVKQPKUHQNNQYGFD[CJQTK\QPVCNCTTQYRTGUUVJG
VCDWNCVQTMG[
VJGHQNNQYKPIUETGGPCRRGCTU
%NQEM(WPEVKQP
0QVCEVKXCVGF
/GPW
/QF
&GN
(
(
(
2TGUUVJGMG[/QF0QV#EVKXCVGFUVCTVUHNCUJKPI
2TGUUVJGCTTQYFQYPMG[
0QV#EVKXCVGFEJCPIGUVQ#EVKXCVGF
2TGUUVJGMG[2TQI
+VKUPGEGUUCT[VQRTQITCOVJGUVCTVUVQREQOOCPFUKPUWEEGUUKXGQTFGTVKOGYKUG
2TQITCOVJGEQOOCPFUHTQO/QPFC[VKNN5WPFC[GI
5VCTV%QORTGUUQT
2TGUUWTG$CPF
2TGUUWTG$CPF
5VQR%QORTGUUQT
/CMGUWTGVJCVVJGVKOGTHWPEVKQPKUCEVKXCVGF
#EVKXCVGF+HPQVVJGRTQITCOOGF
UVCTVUVQREQOOCPFUYKNNPQVDGGZGEWVGF
6JGVKOGTECPDGFGCEVKXCVGFCICKP+PVJKUECUGVJGRTQITCOOGFUVCTVUVQREQOOCPFU
YKNNPQVDGGZGEWVGF
DWVTGOCKPKPVJGOGOQT[QHVJGTGIWNCVQT
/QFKH[KPICEQOOCPF
5WRRQUGVJGEQOOCPFVQUVQRVJGEQORTGUUQTQP5CVWTFC[KUVQDGOQFKHKGFKGUVQRRKPICV
Q ENQEMKPUVGCFQHQ ENQEM
5VCTVKPIHTQOVJG/CKPUETGGPRTGUUVJGMG[/GPW
(RTGUUVJGCTTQYFQYPMG[
WPVKNVJG
QRVKQP/QFKH[2CTCOUKUHQNNQYGFD[CJQTK\QPVCNCTTQY
#EVKXCVGVJGOGPWD[RTGUUKPIVJGVCDWNCVQTMG[
7UGVJGCTTQYFQYPMG[
VQUETQNNWPVKNVJGQRVKQP%NQEM(WPEVKQPKUHQNNQYGFD[CJQTK\QPVCN
CTTQY2TGUUVJGVCDWNCVQTMG[VJGHQNNQYKPIUETGGPCRRGCTU
%NQEM(WPEVKQP
0QVCEVKXCVGF
/GPW
/QF
&GN
(
(
(
2TGUUVJGVCDWNCVQTMG[
VJGHQNNQYKPIUETGGPCRRGCTU
+PUVTWEVKQPOCPWCN
/QPFC[
6WGUFC[
9GFPGUFC[
/GPW
(
&GN
(
(
5ETQNNVJTQWIJVJGFKURNC[WPVKN5CVWTFC[KUHQNNQYGFD[CJQTK\QPVCNCTTQY2TGUUVJGVCDWNCVQTMG[
+HPGEGUUCT[UETQNNVJTQWIJVJGEQOOCPFUWPVKNVJGEQOOCPFVQDGOQFKHKGFKUHQNNQYGFD[C
JQTK\QPVCNCTTQY2TGUUVJGMG[/QFVJGHKTUVVYQFKIKVUQHVJGEQOOCPFUVCTVHNCUJKPI/QFKH[CU
TGSWKTGFWUKPIVJGUETQNNMG[UKGKPVJGGZCORNGCDQXGEJCPIGKPVQWUKPIVJGCTTQYWRMG[
+HPGEGUUCT[RTGUUVJGVCDWNCVQTMG[
VQIQVQVJGPGZVHKGNFVQDGOQFKHKGFVJGOKPWVGUKPFKECVKQP
CPFVJGUVCTVUVQRRTGUUWTGDCPFKPFKECVKQP
2TGUUVJGMG[2TQIVQRTQITCOVJGPGYEQOOCPFQTVJGMG[%CPEVQSWKVYKVJQWVTGRTQITCOOKPI
#FFKPICEQOOCPFCVVJGGPFQHCPGZKUVKPINKUV
5VCTVKPIHTQOVJG/CKPUETGGPRTGUUVJGMG[/GPW
(RTGUUVJGCTTQYFQYPMG[WPVKNVJGQRVKQP
/QFKH[2CTCOUKUHQNNQYGFD[CJQTK\QPVCNCTTQY
#EVKXCVGVJGOGPWD[RTGUUKPIVJGVCDWNCVQTMG[
7UGVJGCTTQYFQYPMG[
VQUETQNNWPVKNVJGQRVKQP%NQEM(WPEVKQPKUHQNNQYGFD[CJQTK\QPVCN
CTTQY2TGUUVJGVCDWNCVQTMG[VJGHQNNQYKPIUETGGPCRRGCTU
%NQEM(WPEVKQP
0QVCEVKXCVGF
/GPW
/QF
&GN
(
(
(
5WRRQUGVJGEQOOCPFVQUVQRVJGEQORTGUUQTCVOWUVDGCFFGFVQVJGNKUVQH/QPFC[
2TGUUVJGVCDWNCVQTMG[
VJGHQNNQYKPIUETGGPCRRGCTU
/QPFC[
6WGUFC[
9GFPGUFC[
/GPW
(
&GN
(
(
5ETQNNVJTQWIJVJGFKURNC[WPVKN/QPFC[KUHQNNQYGFD[CJQTK\QPVCNCTTQY2TGUUVJGVCDWNCVQTMG[
5ETQNNVJTQWIJVJGEQORTGUUQTUVCTVUVQRRTGUUWTGDCPFEQOOCPFUWPVKNVJGHKTUVGORV[
EQOOCPFNKPGKUKPFKECVGFD[VJGJQTK\QPVCNCTTQY
2TGUUVJGMG[/QFVJGHKTUVVYQFKIKVUUVCTVHNCUJKPI'PVGT%QORTGUUQT5VQRWUKPIVJG
UETQNNMG[U
VQOQFKH[CHKGNFCPFVJGVCDWNCVQTMG[
VQLWORHTQOQPGHKGNFVQCPQVJGT
2TGUUVJGMG[2TQIVQRTQITCOVJGPGYEQOOCPFQTVJGMG[%CPEVQSWKVYKVJQWVTGRTQITCOOKPI
+PUVTWEVKQPOCPWCN
#FFKPICEQOOCPFDGVYGGPVYQGZKUVKPIEQOOCPFU
5WRRQUGVJGEQOOCPF2TGUUWTG$CPFOWUVDGCFFGFVQVJGHQNNQYKPINKUV
5VCTV%QORTGUUQT
2TGUUWTG$CPF
5VQR%QORTGUUQT
6JGTGIWNCVQTFQGUPQVCNNQYVJGGPVGTKPIQHCPGYEQOOCPFYJKEJVKOGYKUGKUUKVWCVGFDGHQTGVJGNCUV
EQOOCPFKPVJGNKUV
5ETQNNVJTQWIJVJGFKURNC[WPVKNVJGEQOOCPFDGHQTGYJKEJVJGPGYEQOOCPFOWUVDGGPVGTGFKU
HQNNQYGFD[CJQTK\QPVCNCTTQY
KPVJGGZCORNGCDQXG5VQR%QORTGUUQTCPFRTGUUVJGMG[
/QF
%JCPIGVJKUEQOOCPFVQVJGPGYEQOOCPF
KPVJGGZCORNGCDQXG2TGUUWTG$CPF
2TGUUVJGCTTQYFQYPMG[CPFCFFVJGNCUVEQOOCPFQHVJGNKUV
KPVJGGZCORNGCDQXG5VQR
%QORTGUUQTCPFRTGUUVJGMG[2TQI
&GNGVKPICEQOOCPF
5VCTVKPIHTQOVJG/CKPUETGGPRTGUUVJGMG[/GPW
(RTGUUVJGCTTQYFQYPMG[WPVKNVJGQRVKQP
/QFKH[2CTCOUKUHQNNQYGFD[CJQTK\QPVCNCTTQY
#EVKXCVGVJGOGPWD[RTGUUKPIVJGVCDWNCVQTMG[
7UGVJGUETQNNMG[U
VQUETQNNWPVKNVJGQRVKQP%NQEM(WPEVKQPKUHQNNQYGFD[CJQTK\QPVCNCTTQY
2TGUUVJGVCDWNCVQTMG[VJGHQNNQYKPIUETGGPCRRGCTU
%NQEM(WPEVKQP
0QVCEVKXCVGF
/GPW
/QF
&GN
(
(
(
&GNGVKPICNNEQOOCPFU
2TGUUVJGMG[&GNKPVJGUETGGPCDQXG#SWGUVKQPVQEQPHKTOVJGFGNGVKPIQRGTCVKQPYKNNCRRGCT
&GNGVKPICNNEQOOCPFUQHCURGEKHKEFC[
5ETQNNVJTQWIJVJGFKURNC[WPVKNVJGFGUKTGFFC[KUHQNNQYGFD[CJQTK\QPVCNCTTQY2TGUUVJGMG[&GN
CSWGUVKQPVQEQPHKTOVJGFGNGVKPIQRGTCVKQPYKNNCRRGCT
&GNGVKPICURGEKHKEEQOOCPF
5ETQNNVJTQWIJVJGFKURNC[WPVKNVJGEQOOCPFVQDGFGNGVGFKUHQNNQYGFD[CJQTK\QPVCNCTTQY2TGUU
VJGMG[&GNCSWGUVKQPVQEQPHKTOVJGFGNGVKPIQRGTCVKQPYKNNCRRGCT
+PUVTWEVKQPOCPWCN
/QFKH[KPIEQPHKIWTCVKQPUGVVKPIU
%QPVTQNRCPGN
(WPEVKQP
6QOQFKH[CPWODGTQHRCTCOGVGTU%QPUWNVVJGOGPWHNQYKPUGEVKQP%QPVTQNRTQITCOU
2TQEGFWTG
5VCTVKPIHTQOVJG/CKPUETGGP
UGG/CKPUETGGPOGPW
2TGUUVJGMG[/GPW
(
2TGUUVJGCTTQYFQYPMG[
WPVKN/QFKH[RCTCOUKUHQNNQYGFD[CPCTTQYRQKPVKPIVQVJGTKIJV
#EVKXCVGVJGOGPWD[RTGUUKPIVCDWNCVQTMG[
2TGUUVJGCTTQYFQYPMG[
VQUETQNNWPVKN%QPHKIWTCVKQPKUHQNNQYGFD[CJQTK\QPVCNCTTQY
#EVKXCVGVJGOGPWD[RTGUUKPIVCDWNCVQTMG[
VJGHKTUVKVGO6KOGYKNNCRRGCT+HCPQVJGTQRVKQPKU
FGUKTGFUETQNNVJTQWIJVJGFKURNC[WPVKNVJGQRVKQPKUHQNNQYGFD[CJQTK\QPVCNCTTQY5GNGEVVJGQRVKQP
D[RTGUUKPIVJGVCDWNCVQTMG[
(QTVJGQRVKQP6KOGVJGUGEQPFNKPGQPVJGUETGGPKPFKECVGUVJGCEVWCNUGVVKPIGI6Q
OQFKH[VJKUUGVVKPIRTGUUVJGMG[/QF
(VJGHKTUVHKGNFYKNNHNCUJ
7UGVJGUETQNNMG[U
VQEJCPIGVJGUGVVKPIVJGPRTGUUVJGVCDWNCVQTMG[
VQIQVQVJGPGZVHKGNF
6JGUGVVKPIQHVJKUHKGNFECPPQYDGOQFKHKGFWUKPIVJGUETQNNMG[U
2TGUUVJGMG[2TQI
(VQRTQITCOVJGPGYXCNWGQTVJGMG[%CPE
(VQECPEGNVJGOQFKHKECVKQP
QRGTCVKQP
VJGQTKIKPCNXCNWGYKNNDGTGVCKPGF
6JGRTQEGFWTGVQOQFKH[QVJGTRCTCOGVGTUKUUKOKNCT
+PUVTWEVKQPOCPWCN
2TQITCOOKPIEQORTGUUQTEQPVTQNOQFGU
%QPVTQNRCPGN
%QORTGUUQTEQPVTQNOQFGU
6JGEQORTGUUQTECPDGEQPVTQNNGFNQECNN[TGOQVGN[QTXKCCNQECNCTGCPGVYQTM
.#0
2TQEGFWTG
5VCTVKPIHTQOVJG/CKPUETGGP
UGG/CKPUETGGPOGPW
2TGUUVJGMG[/GPW
(
2TGUUVJGCTTQYFQYPMG[
WPVKN/QFKH[RCTCOUKUHQNNQYGFD[CPCTTQYRQKPVKPIVQVJGTKIJV
#EVKXCVGVJGOGPWD[RTGUUKPIVCDWNCVQTMG[
2TGUUVJGCTTQYFQYPMG[
VQUETQNNWPVKN%QPHKIWTCVKQPKUHQNNQYGFD[CJQTK\QPVCNCTTQY
#EVKXCVGVJGOGPWD[RTGUUKPIVCDWNCVQTMG[
VJGHKTUVKVGO6KOGYKNNCRRGCT5ETQNNVJTQWIJVJG
FKURNC[WUKPIVJGUETQNNMG[U
WPVKNVJGQRVKQP%%/KUHQNNQYGFD[CJQTK\QPVCNCTTQYCPFUGNGEVKV
WUKPIVJGVCDWNCVQTMG[
6JGHQNNQYKPIUETGGPKUUJQYP
%%/
.QECNEQPVTQN
/GPW
/QF
(
(
(
2TGUUVJGMG[/QFCPFWUGVJGUETQNNMG[U
VQUGNGEVVJGFGUKTGFEQPVTQNOQFG2TGUUVJGMG[
2TQIVQRTQITCOQTVJGMG[%CPEVQECPEGNVJGOQFKHKECVKQP
+PUVTWEVKQPOCPWCN
5GTXKEGOGPW
%QPVTQNRCPGN
(WPEVKQP
6QTGUGVVJGUGTXKEGRNCPUYJKEJCTGECTTKGFQWV
6QEJGEMYJGPVJGPGZVUGTXKEGRNCPUCTGVQDGECTTKGFQWV
6QHKPFQWVYJKEJUGTXKEGRNCPUYGTGECTTKGFQWVRTGXKQWUN[
5GTXKEGRNCPU
#PWODGTQHUGTXKEGQRGTCVKQPUCTGITQWRGF
ECNNGF.GXGN#.GXGN$GVE'CEJNGXGNUVCPFUHQTC
PWODGTQHUGTXKEGCEVKQPUVQDGECTTKGFQWVCVVJGVKOGKPVGTXCNURTQITCOOGFKPVJG'NGMVTQPKMQP
TGIWNCVQT
9JGPCUGTXKEGRNCPKPVGTXCNKUTGCEJGFCOGUUCIGYKNNCRRGCTQPVJGUETGGPUGGUGEVKQP5VCVWUFCVC
#HVGTECTT[KPIQWVVJGUGTXKEGCEVKQPUTGNCVGFVQVJGKPFKECVGFNGXGNUVJGVKOGTUOWUVDGTGUGV
'ZCORNG
5GTXKEGRNCPU
+PVGTXCNU
5GTXKEGRNCP#
'XGT[TWPPKPIJQWTU
5GTXKEGRNCP$
'XGT[TWPPKPIJQWTU
5GTXKEGRNCP%
'XGT[TWPPKPIJQWTU
5GTXKEGRNCP&
'XGT[TWPPKPIJQWTU
4GUWNVKPIUGTXKEGCEVKQPUCEEQTFKPIVQ
#V
5GTXKEGRNCP#CPF$
TWPPKPIJQWTU
5GTXKEGRNCP#$CPF%
TWPPKPIJQWTU
5GTXKEGRNCP#CPF$
TWPPKPIJQWTU
5GTXKEGRNCP#$CPF%
TWPPKPIJQWTU
2TQEGFWTG
5VCTVKPIHTQOVJG/CKPUETGGP
UGG/CKPUETGGPOGPW
2TGUUVJGMG[/GPW
(
2TGUUVJGCTTQYFQYPMG[
WPVKN5GTXKEGKUHQNNQYGFD[CJQTK\QPVCNCTTQY
+PUVTWEVKQPOCPWCN
#EVKXCVGVJGOGPWD[RTGUUKPIVCDWNCVQTMG[
#UETGGPUKOKNCTVQVJGQPGDGNQYCRRGCTU
5GTXKEG6KOGT
4WPPKPI*QWTU
JTU
/GPW
(
(
(
6JGUETGGPUJQYUVJCVVJGVQVCNEQORTGUUQTTWPPKPIVKOGKUJQWTU
2TGUUVJGVCDWNCVQTMG[
VJGHQNNQYKPIUETGGPCRRGCTU
0GZV6KOGT
.GXGN
#$%
JTU
$CEM
4UGV
(
(
(
6JGUETGGPUJQYUVJCVVJGPGZVUGTXKEGRNCPUVQDGECTTKGFQWVCTGRNCPU#$CPF%CPFVJCVVJGUG
RNCPUCTGVQDGECTTKGFQWVGXGT[TWPPKPIJQWTU
2TGUUVJGCTTQYFQYPMG[
VQHKPFQWVYJKEJUGTXKEGRNCPUYGTGECTTKGFQWVRTGXKQWUN[VJG
HQNNQYKPIUETGGPCRRGCTU
2TGXKQWU6KOGT
.GXGN
#$
JTU
(
(
(
6JGUETGGPUJQYUVJCVUGTXKEGRNCPU#CPF$YGTGECTTKGFQWVCVTWPPKPIJQWTU
5VQRVJGEQORTGUUQTUYKVEJQHHVJGXQNVCIGCPFECTT[QWVVJGUGTXKEGQRGTCVKQPUTGNCVGFVQRNCPU#
$CPF%UGGUGEVKQP2TGXGPVKXGOCKPVGPCPEGUEJGFWNG
5YKVEJQPVJGXQNVCIGCPFUETQNNVQVJG0GZV6KOGTUGTXKEGUETGGP
2TGUUVJG4UGVDWVVQP
(%QPHKTOVJGSWGUVKQPHQTTGUGVVKPI
6JG4UGVDWVVQPQPN[CRRGCTUYJGPVJG0GZV6KOGTNGXGNKUCNOQUVTGCEJGF
#HVGTRTGUUKPIVJGCTTQYFQYPMG[KPVJG5GTXKEG6KOGTUETGGPVJG.KHG6KOGJQWTU
CTGUJQYPKGVJGPWODGTQHJQWTUGNCRUGFUKPEGKPKVKCNRTQITCOOKPIGZHCEVQT[6JKU
VKOGTKUPQVVCMGPKPVQCEEQWPV
+PUVTWEVKQPOCPWCN
5CXGFFCVCOGPW
%QPVTQNRCPGN
(WPEVKQP
6QECNNWRUQOGEQORTGUUQTFCVCUCXGFD[VJGTGIWNCVQT6JGUGFCVCCTG
.CUVUJWVFQYPFCVC
.CUVGOGTIGPE[UVQRFCVC
2TQEGFWTG
5VCTVKPIHTQOVJG/CKPUETGGP
2TGUUVJGMG[/GPW
(
2TGUUVJGCTTQYFQYPMG[
WPVKNVJGQRVKQP5CXGFFCVCKUHQNNQYGFD[CJQTK\QPVCNCTTQY
2TGUUVJGVCDWNCVQTMG[
VQCEVKXCVGVJGOGPW
6JGNKUVQHNCUVUJWVFQYPCPFGOGTIGPE[UVQRECUGUKUUJQYP
5ETQNNVJTQWIJVJGKVGOUVQUGNGEVVJGFGUKTGFUJWVFQYPQTGOGTIGPE[UVQRKVGO
2TGUUVCDWNCVQTMG[
VQHKPFVJGFCVGVKOGCPFQVJGTFCVCTGHNGEVKPIVJGUVCVWUQHVJGEQORTGUUQT
YJGPVJGNCUVUJWVFQYPQEEWTTGF
2TQITCOOCDNGUGVVKPIUHQT)#WRVQ)#%
2CTCOGVGTUWPNQCFKPINQCFKPIRTGUUWTGUHQT)#9QTMRNCEG
/KPKOWO
UGVVKPI
(CEVQT[
UGVVKPI
/CZKOWO
UGVVKPI
7PNQCFKPIRTGUUWTGU
7PNQCFKPIRTGUUWTG
DCT
EQORTGUUQTU
DCT
G
7PNQCFKPIRTGUUWTG
DCT
EQORTGUUQTU
RUKI
7PNQCFKPIRTGUUWTG
DCTEQORTGUUQTU DCT
G
7PNQCFKPIRTGUUWTG
DCTEQORTGUUQTU RUKI
7PNQCFKPIRTGUUWTG
DCTEQORTGUUQTU DCT
G
+PUVTWEVKQPOCPWCN
/KPKOWO
UGVVKPI
(CEVQT[
UGVVKPI
/CZKOWO
UGVVKPI
7PNQCFKPIRTGUUWTG
DCTEQORTGUUQTU RUKI
7PNQCFKPIRTGUUWTG
RUK
EQORTGUUQTU
DCT
G
7PNQCFKPIRTGUUWTG
RUK
EQORTGUUQTU
RUKI
7PNQCFKPIRTGUUWTG
RUK
EQORTGUUQTU
DCT
G
7PNQCFKPIRTGUUWTG
RUK
EQORTGUUQTU
RUKI
7PNQCFKPIRTGUUWTG
RUK
EQORTGUUQTU
DCT
G
7PNQCFKPIRTGUUWTG
RUK
EQORTGUUQTU
RUKI
7PNQCFKPIRTGUUWTG
RUK
EQORTGUUQTU
DCT
G
7PNQCFKPIRTGUUWTG
RUK
EQORTGUUQTU
RUKI
.QCFKPIRTGUUWTG
DCTEQORTGUUQTU
DCT
G
.QCFKPIRTGUUWTG
DCTEQORTGUUQTU
RUKI
.QCFKPIRTGUUWTG
DCTEQORTGUUQTU
DCT
G
.QCFKPIRTGUUWTG
DCTEQORTGUUQTU
RUKI
.QCFKPIRTGUUWTG
DCTEQORTGUUQTU
DCT
G
.QCFKPIRTGUUWTG
DCTEQORTGUUQTU
RUKI
.QCFKPIRTGUUWTG
RUKEQORTGUUQTU
DCT
G
.QCFKPIRTGUUWTG
RUKEQORTGUUQTU
RUKI
.QCFKPIRTGUUWTG
RUKEQORTGUUQTU
DCT
G
.QCFKPIRTGUUWTG
RUKEQORTGUUQTU
RUKI
.QCFKPIRTGUUWTG
RUKEQORTGUUQTU
DCT
G
.QCFKPIRTGUUWTG
RUKEQORTGUUQTU
RUKI
.QCFKPIRTGUUWTG
RUKEQORTGUUQTU
DCT
G
.QCFKPIRTGUUWTG
RUKEQORTGUUQTU
RUKI
.QCFKPIRTGUUWTGU
+PUVTWEVKQPOCPWCN
2CTCOGVGTUWPNQCFKPINQCFKPIRTGUUWTGUHQT)#9QTMRNCEG((YKVJ+(&
/KPKOWO
UGVVKPI
(CEVQT[
UGVVKPI
/CZKOWO
UGVVKPI
7PNQCFKPIRTGUUWTGU
7PNQCFKPIRTGUUWTG
DCT
EQORTGUUQTU
DCT
G
7PNQCFKPIRTGUUWTG
DCT
EQORTGUUQTU
RUKI
7PNQCFKPIRTGUUWTG
DCTEQORTGUUQTU DCT
G
7PNQCFKPIRTGUUWTG
DCTEQORTGUUQTU RUKI
7PNQCFKPIRTGUUWTG
DCTEQORTGUUQTU DCT
G
7PNQCFKPIRTGUUWTG
DCTEQORTGUUQTU RUKI
7PNQCFKPIRTGUUWTG
RUK
EQORTGUUQTU
DCT
G
7PNQCFKPIRTGUUWTG
RUK
EQORTGUUQTU
RUKI
7PNQCFKPIRTGUUWTG
RUK
EQORTGUUQTU
DCT
G
7PNQCFKPIRTGUUWTG
RUK
EQORTGUUQTU
RUKI
7PNQCFKPIRTGUUWTG
RUK
EQORTGUUQTU
DCT
G
7PNQCFKPIRTGUUWTG
RUK
EQORTGUUQTU
RUKI
7PNQCFKPIRTGUUWTG
RUK
EQORTGUUQTU
DCT
G
7PNQCFKPIRTGUUWTG
RUK
EQORTGUUQTU
RUKI
.QCFKPIRTGUUWTG
DCTEQORTGUUQTU
DCT
G
.QCFKPIRTGUUWTG
DCTEQORTGUUQTU
RUKI
.QCFKPIRTGUUWTG
DCTEQORTGUUQTU
DCT
G
.QCFKPIRTGUUWTG
DCTEQORTGUUQTU
RUKI
.QCFKPIRTGUUWTG
DCTEQORTGUUQTU
DCT
G
.QCFKPIRTGUUWTG
DCTEQORTGUUQTU
RUKI
.QCFKPIRTGUUWTG
RUKEQORTGUUQTU
DCT
G
.QCFKPIRTGUUWTG
RUKEQORTGUUQTU
RUKI
.QCFKPIRTGUUWTG
RUKEQORTGUUQTU
DCT
G
.QCFKPIRTGUUWTG
RUKEQORTGUUQTU
RUKI
.QCFKPIRTGUUWTG
RUKEQORTGUUQTU
DCT
G
.QCFKPIRTGUUWTG
RUKEQORTGUUQTU
RUKI
.QCFKPIRTGUUWTG
RUKEQORTGUUQTU
DCT
G
.QCFKPIRTGUUWTG
RUKEQORTGUUQTU
RUKI
.QCFKPIRTGUUWTGU
+PUVTWEVKQPOCPWCN
2CTCOGVGTU
/KPKOWO
UGVVKPI
(CEVQT[
UGVVKPI
/CZKOWO
UGVVKPI
/QVQTTWPPKPIVKOGKPUVCT
UGE
.QCFFGNC[VKOG
UVCTFGNVC
UGE
0WODGTQHOQVQTUVCTVU
UVCTVUFC[
/KPKOWOUVQRVKOG
UGE
2TQITCOOGFUVQRVKOG
UGE
2QYGTTGEQXGT[VKOG
#4#8(
UGE
4GUVCTVFGNC[
UGE
%QOOWPKECVKQPVKOGQWV
UGE
/KPKOWO
UGVVKPI
(CEVQT[
UGVVKPI
/CZKOWO
UGVVKPI
2TQVGEVKQPU
%QORTGUUQTGNGOGPVQWVNGVVGORGTCVWTG
UJWVFQYPYCTPKPINGXGN
u%
%QORTGUUQTGNGOGPVQWVNGVVGORGTCVWTG
UJWVFQYPYCTPKPINGXGN
u(
%QORTGUUQTGNGOGPVQWVNGVVGORGTCVWTG
UJWVFQYPNGXGN
u%
%QORTGUUQTGNGOGPVQWVNGVVGORGTCVWTG
UJWVFQYPNGXGN
u(
/KPKOWO
UGVVKPI
(CEVQT[
UGVVKPI
/CZKOWO
UGVVKPI
(QT(WNN(GCVWTGEQORTGUUQTUYKVJ+(&
CNUQ
&GNC[CVUKIPCN
UGE
&GNC[CVUVCTVKPI
UGE
5GTXKEGRNCP
#NUQUGGUGEVKQP2TGXGPVKXGOCKPVGPCPEGUEJGFWNG
%QPUWNV#VNCU%QREQKHCVKOGTUGVVKPIJCUVQDGEJCPIGF6JGKPVGTXCNUOWUVPQVGZEGGFVJGPQOKPCN
KPVGTXCNUCPFOWUVEQKPEKFGNQIKECNN[5GGUGEVKQP/QFKH[KPIUGTXKEGRNCPU
/KPKOWO
UGVVKPI
(CEVQT[
UGVVKPI
5GTXKEGRNCP#
QRGTCVKPIJQWTU
JT
5GTXKEGRNCP$
QRGTCVKPIJQWTU
JT
5GTXKEGRNCP%
QRGTCVKPIJQWTU
JT
/CZKOWO
UGVVKPI
+PUVTWEVKQPOCPWCN
6GTOKPQNQI[
6GTO
'ZRNCPCVKQP
#4#8(
#WVQOCVKETGUVCTVCHVGTXQNVCIGHCKNWTG5GGUGEVKQP'NGMVTQPKMQPTGIWNCVQT++
%QORTGUUQT
GNGOGPVQWVNGV
6JGTGIWNCVQTFQGUPQVCEEGRVKNNQIKECNUGVVKPIUGIKHVJGYCTPKPINGXGNKU
RTQITCOOGFCVu%u(VJGOKPKOWONKOKVHQTVJGUJWVFQYPNGXGNEJCPIGU
VQu%u(6JGTGEQOOGPFGFFKHHGTGPEGDGVYGGPVJGYCTPKPINGXGNCPF
UJWVFQYPNGXGNKUu%u(
&GNC[CVUJWV
FQYPUKIPCN
+UVJGVKOGHQTYJKEJVJGUKIPCNOWUVGZKUVDGHQTGVJGEQORTGUUQTKUUJWVFQYP+HKV
KUTGSWKTGFVQRTQITCOVJKUUGVVKPIVQCPQVJGTXCNWGEQPUWNV#VNCU%QREQ
1KNUGRCTCVQT
7UG#VNCU%QREQQKNUGRCTCVQTU6JGTGEQOOGPFGFOCZKOWORTGUUWTGFKHHGTGPEGKU
DCTRUK
2QYGTTGEQXGT[ +UVJGRGTKQFYKVJKPYJKEJVJGXQNVCIGOWUVDGTGUVQTGFVQJCXGCPCWVQOCVKE
VKOG
TGUVCTV+UCEEGUUKDNGKHVJGCWVQOCVKETGUVCTVKUCEVKXCVGF5GG'NGMVTQPKMQP++
TGIWNCVQT6QCEVKXCVGVJGCWVQOCVKETGUVCTVHWPEVKQPEQPUWNV#VNCU%QREQ
/KPKOWOUVQR
VKOG
1PEGVJGEQORTGUUQTJCUCWVQOCVKECNN[UVQRRGFKVYKNNTGOCKPUVQRRGFHQTVJG
OKPKOWOUVQRVKOG
CRRTQZUGEQPFUYJCVGXGTJCRRGPUYKVJVJGPGVCKT
RTGUUWTG%QPUWNV#VNCU%QREQKHCUGVVKPINQYGTVJCPUGEQPFUKUTGSWKTGF
7PNQCFKPI
.QCFKPI
RTGUUWTG
6JGTGIWNCVQTFQGUPQVCEEGRVKNNQIKECNUGVVKPIUGIKHVJGWPNQCFKPIRTGUUWTGKU
RTQITCOOGFCVDCT
GRUKIVJGOCZKOWONKOKVHQTVJGNQCFKPIRTGUUWTG
EJCPIGUVQDCT
GRUKI6JGTGEQOOGPFGFOKPKOWORTGUUWTGFKHHGTGPEG
DGVYGGPNQCFKPICPFWPNQCFKPIKUDCTRUKI
+PUVTWEVKQPOCPWCN
15&QKNEQPFGPUCVGUGRCTCVQT
15&WPKV
1KNEQPFGPUCVGUGRCTCVQTU
%QORTGUUGFCKTNGCXKPIQKNKPLGEVGFEQORTGUUQTUEQPVCKPUQKN&WTKPIEQQNKPIQHVJKUCKTQKNEQPVCKPKPI
EQPFGPUCVGKUHQTOGF15&CTGFGUKIPGFVQUGRCTCVGVJGOCLQTRCTVQHVJKUQKNHTQOVJGEQPFGPUCVGCPF
VQECVEJVJGQKNKPCEQNNGEVQT6JGEQPFGPUCVGOGGVUVJGTGSWKTGOGPVUQHVJGGPXKTQPOGPVCNEQFGU
#P15&ECPDGWUGFHQT)#WRVQ)#%
)GPGTCNXKGYQH15&V[RKECNGZCORNG
4GHGTGPEG
&GUKIPCVKQP
8GUUGN
2TGUUWTGICWIGHKNVGT
1KNHKNVGT
1KNEQNNGEVQT
%QPFGPUCVGKPNGV
&RHKNVGT
%NGCPEQPFGPUCVGQWVNGV
1KNQWVNGV
%QXGT
+PUVTWEVKQPOCPWCN
1RGTCVKQPQH15&
%QPFGPUCVGEQPVCKPKPIHKPGQKNFTQRNGVUHNQYUXKCUVTCKPGT
VJTQWIJHKNVGT
KPYJKEJVJGFTQRNGVU
EQCNGUEGVQHQTONCTIGTFTQRU6JKUQKNKUNGFVQYCVGTXGUUGN
YJGTGVJGQKNTKUGUFWGVQVJGFKHHGTGPEG
KPURGEKHKEOCUU6JGXGUUGNKURTQXKFGFYKVJVYQUGRCTCVGFQWVNGVUQPGHQTEQPFGPUCVG
YJKEJKUNGF
QWVUKFGVJGDQF[YQTMQPGHQTVJGUGRCTCVGFQKN
YJKEJKUECWIJVKPEQNNGEVQT
+PUVCNNCVKQP
.QECVKQPQH15&
)#WRVQ)#%
+PUVTWEVKQPOCPWCN
%QPFGPUCVGFTCKPU
)#WRVQ)#%
2TQEGFWTG
5VQRVJGEQORTGUUQTCPFENQUGVJGCKTQWVNGVXCNXG5YKVEJQHHVJGXQNVCIG&GRTGUUWTKUGVJGCKT
QWVNGVU[UVGOD[QRGPKPIOCPWCNEQPFGPUCVGFTCKPXCNXG
&OUGGUGEVKQP+PVTQFWEVKQPHQTVJG
RQUKVKQPQHVJGFTCKPXCNXG
.QQUGPVJGEQPFGPUCVGFTCKPVWDGQHVJGEQORTGUUQTEQPFGPUCVGVTCRHTQOKVUEQWRNKPI
&C
2QUKVKQPVJGUGRCTCVQTMKVCUUJQYPCPFHKZKVYKVJDQNVU
%QPPGEVVJGNQQUGFTCKPVWDGHTQOEQPFGPUCVGFTCKP
&CVQUVTCKPGT
QHVJG15&UGRCTCVQT
6JGDQF[YQTMQHVJGEQORTGUUQTKURTQXKFGFYKVJCRNWIIGFJQNG
&E4GOQXGVJKURNWICPFKPUVCNN
VJGEQWRNKPIUFGNKXGTGFYKVJVJGUGRCTCVQTMKV
%QPPGEVYCVGTVWDG
VQVJGTGCTUKFGQHEQWRNKPI
&E.GCFVJGEQPFGPUCVGQWVNGVHNGZKDNGHTQO
EQWRNKPI
&EVQYCTFUVJGEQPFGPUCVGFTCKPU[UVGO
4GOQXGVJGEQXGT
CPFHKNNXGUUGN
YKVJYCVGTWPVKNVJGYCVGTHNQYUVJTQWIJVJGYCVGTQWVNGV
QHVJG15&
4GKPUVCNNVJGEQXGT
1RGTCVKPICPFOCKPVGPCPEGKPUVTWEVKQPU
5CHGV[RTGECWVKQPU
$GHQTGECTT[KPIQWVCP[OCKPVGPCPEGTGRCKTYQTMQTCFLWUVOGPVURTQEGGFCU
HQNNQYU
5VQRVJGEQORTGUUQT
2TGUUVJGGOGTIGPE[UVQRDWVVQP
5YKVEJQHHVJGXQNVCIG
%NQUGVJGCKTQWVNGVXCNXGCPFQRGPKHRTQXKFGFVJGOCPWCNEQPFGPUCVGFTCKP
XCNXG
&GRTGUUWTKUGVJGEQORTGUUQT
(QTFGVCKNGFKPUVTWEVKQPUUGG2TQDNGOUQNXKPI
6JGQRGTCVQTOWUVCRRN[CNNTGNGXCPV5CHGV[RTGECWVKQPU
+PUVTWEVKQPOCPWCN
1RGTCVKPIKPUVTWEVKQPU
+PUKFGQH15&
$GHQTGUVCTVKPIEJGEMVJCVXGUUGN
KUHKNNGF+HPGEGUUCT[IGPVN[RQWTYCVGTKPVQHKNNGTRKRG
WPVKN
KVHNQYUVJTQWIJVWDG
4GKPUVCNNVJGEQXGT
&WTKPIQRGTCVKQPQHVJGEQORTGUUQTCPQKNNC[GTKUDWKNVWRCDQXGVJGYCVGTNGXGNKPXGUUGN
&GRGPFKPIQPVJGECRCEKV[QHVJGEQORTGUUQTCPFKVUQRGTCVKQPE[ENGVJGJWOKFKV[QHVJGKPNGVCKTCPF
VJGQKNEQPVGPVQHVJGEQORTGUUGFCKTKVOC[VCMGUGXGTCNYGGMUQTOQPVJUDGHQTGCPQKNNGXGNKU
QDUGTXGFKPEQNNGEVQT
4GIWNCTN[EJGEMVJCVXGUUGN
KUHKNNGF+HPGEGUUCT[IGPVN[RQWTYCVGTKPVQHKNNGTRKRG
WPVKNKV
HNQYUVJTQWIJVWDG
-GGREQXGTKPUVCNNGF
%QPFGPUCVGFTCKPU
)#WRVQ)#%
/CKPVGPCPEGKPUVTWEVKQPU
%QPUWNVUGEVKQP15&WPKVHQTVJGTGHGTGPEGU
+PVGTXCN
4WPPKPIJQWTU
1RGTCVKQP
9GGMN[
%JGEMRTGUUWTGICWIG
+HVJGRTGUUWTGTGCEJGUDCT
G
RUKIQTGXGT[QRGTCVKPIJQWTUTGRNCEGHKNVGT
UVQRVJG
EQORTGUUQTCPFUYKVEJQHHVJGXQNVCIG%NQUGVJGCKTQWVNGVXCNXG
FGRTGUUWTKUGVJGQWVNGVU[UVGOD[QRGPKPIEQPFGPUCVGFTCKPXCNXG
&OCPFWPUETGYVJGHKNVGT(KNNVJGPGYHKNVGTYKVJYCVGTNKIJVN[
QKNKVUICUMGVUETGYKVQPCPFVKIJVGPD[JCPF
CRRTQZJCNHC
VWTP%JGEMUVTCKPGT
KHPGEGUUCT[ENGCPKV
/QPVJN[
%JGEMVJGQKNNGXGNKPEQNNGEVQT
+HPGCTN[HWNNFKUEQPPGEVQKN
VWDG
CPFFGNKXGTVJGQKNVQVJGNQECNQKNEQNNGEVKQPUGTXKEG
4GKPUVCNNCPGORV[EQNNGEVQT
%JGEMRTGHKNVGT
ENGCPKVKHPGEGUUCT[
+PUVTWEVKQPOCPWCN
2KEVQITCRJU
2KEVQITCRJUUJQYPQP15&
4GHGTGPEG
&GUETKRVKQP
1KN
1KNQWVNGV
%QPFGPUCVGQWVNGV
2TGUUWTG
+PNGV
5GTXKEGRQKPVFTCKP
5GRCTCVQTKPNGVRTGUUWTG
1KNICUMGVUETGYQPHKNVGTCPFVKIJVGPD[JCPF
CRRTQZJCNHCVWTP
%QPUWNVKPUVTWEVKQPNGCHNGVDGHQTGOCKPVGPCPEGQTTGRCKT
+PUVTWEVKQPOCPWCN
+PUVCNNCVKQP
&KOGPUKQPFTCYKPIU
)#WRVQ)#%
)#WRVQ)#%(NQQTOQWPVGFXGTUKQP
+PUVTWEVKQPOCPWCN
)#WRVQ)#%6CPMOQWPVGFXGTUKQP
+PUVTWEVKQPOCPWCN
4GHGTGPEG
&GUKIPCVKQP
OOHQT)#WRVQ)#%YKVJNCKTTGEGKXGT
OOHQT)#WRVQ)#%YKVJNCKTTGEGKXGT
OOHQT)#WRVQ)#%YKVJNCKTTGEGKXGT
OOHQT)#WRVQ)#%YKVJNCKTTGEGKXGT
OOHQT)#WRVQ)#%YKVJNCKTTGEGKXGT
OOHQT)#WRVQ)#%YKVJNCKTTGEGKXGT
%QORTGUUQTCPFOQVQTEQQNKPICKTKPNGV
/QVQTCPFFT[GTEQQNKPICKTQWVNGV
%QQNKPICKTQWVNGV
%QQNKPICKTKPNGV
&T[GTCKTKPNGV
%QORTGUUGFCKTQWVNGV
%QORTGUUQTCKTKPNGV
/CPWCNFTCKP
#WVQOCVKEFTCKP
9GKIJV
'NGEVTKECNECDNGGPVT[
4GCTXKGY
+PUVCNNCVKQPRTQRQUCN
)#WRVQ)#%
6TCPURQTVD[RCNNGVVTWEM
+PUVTWEVKQPOCPWCN
6QRTGXGPVCVCPMOQWPVGFOQFGNHTQOHCNNKPIQXGTFWTKPIVTCPURQTVD[RCNNGVVTWEM
RWUJVJGHQTMUWPFGTPGCVJVJGCKTTGEGKXGTCPFRTQXKFGCYQQFGPDGCO
UGEVKQP
CRRTQZZEOZKPVJTQWIJVJGUWRRQTVUCVDQVJUKFGUQHVJGTGEGKXGT
9JKNGJQNFKPIVJGEQORTGUUQTUNQYN[NKHVVJGHQTMUWPVKNVJGTGEGKXGTKUUGEWTGF
DGVYGGPVJGDGCOU
/QXGVJGEQORTGUUQTUOQQVJN[
%QORTGUUQTTQQOGZCORNGQH)#WRVQ)#HNQQTOQWPVGF
+PUVTWEVKQPOCPWCN
%QORTGUUQTTQQOGZCORNGQH)#WRVQ)#%VCPMOQWPVGF
+PUVTWEVKQPOCPWCN
6GZVQPFTCYKPI
4GHGTGPEG
&GUKIPCVKQP
8GPVKNCVKQPRTQRQUCNU
/KPKOWOHTGGCTGCVQDGTGUGTXGFHQTVJGEQORTGUUQTKPUVCNNCVKQP
%QORTGUUQT
(TQPV
6QRXKGY
&GUETKRVKQPQH)#WRVQ)#%
+PUVCNNVJGEQORTGUUQTWPKVQPCUQNKFNGXGNHNQQTUWKVCDNGHQTVCMKPIVJGYGKIJV6JGTGEQOOGPFGF
OKPKOWOFKUVCPEGDGVYGGPVJGVQRQHVJGWPKVCPFVJGEGKNKPIKUOO
KP6JGCKTTGEGKXGT
OWUVPQVDGDQNVGFVQVJGHNQQT6JGOKPKOWOFKUVCPEGDGVYGGPVJGYCNNCPFVJGDCEMQHVJG
EQORTGUUQTOWUVDGOO
KP
2QUKVKQPQHVJGEQORTGUUGFCKTQWVNGVXCNXG
6QHCEKNKVCVGVJGCEEGUUVQVJGFT[GTFWTKPIOCKPVGPCPEGQRGTCVKQPURTQXKFGCHNGZKDNGEQPPGEVKQP
DGVYGGPVJGCKTQWVNGVXCNXGCPFVJGCKTPGV
%NQUGVJGXCNXG
%QPPGEVVQVJGCKTPGV
6JGRTGUUWTGFTQRQXGTVJGCKTQWVNGVRKRGECPDGECNEWNCVGFCUHQNNQYU
FR
.ZZ3E
FZR
F+PPGTFKCOGVGTQHVJGQWVNGVRKRGKPOO
FR2TGUUWTGFTQR
TGEQOOGPFGFOCZKOWODCTRUK
..GPIVJQHQWVNGVRKRGKPO
R#DUQNWVGRTGUUWTGCVVJGEQORTGUUQTQWVNGVKPDCT
C
3E(TGGCKTFGNKXGT[QHVJGEQORTGUUQTKPNU
8GPVKNCVKQPVJGKPNGVITKFUCPFXGPVKNCVKQPHCPUJQWNFDGKPUVCNNGFKPUWEJCYC[VJCVCP[
TGEKTEWNCVKQPQHEQQNKPICKTVQVJGEQORTGUUQTQTFT[GTKUCXQKFGF6JGOCZKOWOCKTXGNQEKV[VJTQWIJ
VJGITKFUKUOU
HVU
6JGOCZKOWOCNNQYCDNGRTGUUWTGFTQRQXGTVJGEQQNKPICKTFWEVUKU2C
KPYE
+HKVKUITGCVGTVJCPVJKUXCNWGCHCPKUPGGFGFCVVJGQWVNGVQHVJGFWEVU%QPUWNV#VNCU%QREQ
(QTCNVGTPCVKXGUCPFVJGTGSWKTGFXGPVKNCVKQPECRCEKV[VQNKOKVVJGEQORTGUUQTTQQOVGORGTCVWTG
ECPDGECNEWNCVGFCUHQNNQYU
3X0F6HQTWPKVUYKVJQWVQRVKQPCNFT[GT
3X
0
F6HQTWPKVUYKVJQRVKQPCNFT[GT
3X4GSWKTGFXGPVKNCVKQPECRCEKV[KPOU
05JCHVKPRWVQHEQORTGUUQTKPM9
F66GORGTCVWTGKPETGCUGKPEQORTGUUQTTQQO
(QTCNVGTPCVKXGUCPFVJGHCPECRCEKV[UJQWNFOCVEJVJGEQORTGUUQTHCPECRCEKV[CVCRTGUUWTG
JGCFGSWCNVQVJGRTGUUWTGFTQRCETQUUVJGCKTFWEVU
6JGFTCKPRKRGUVQVJGFTCKPEQNNGEVQTOWUVPQVFKRKPVQVJGYCVGTQHVJGFTCKPEQNNGEVQT#VNCU%QREQ
JCUQKNYCVGTUGRCTCVQTU
V[RG15&VQUGRCTCVGVJGOCLQTRCTVQHVJGQKNHTQOVJGEQPFGPUCVGVQ
GPUWTGVJCVVJGEQPFGPUCVGOGGVUVJGTGSWKTGOGPVUQHVJGGPXKTQPOGPVCNEQFGU
+PUVTWEVKQPOCPWCN
2QUKVKQPQHEQPVTQNRCPGN
2QUKVKQPQHVJGOCKPECDNGGPVT[
(KNVGTV[RG&&HQTIGPGTCNRWTRQUG
QRVKQPCN6JGHKNVGTVTCRUUQNKFRCTVKENGUFQYPVQOKETQPYKVJ
COCZQKNECTT[QXGTQHOIO#JKIJGHHKEKGPE[HKNVGTV[RG2&
QRVKQPCNOC[DGKPUVCNNGF
FQYPUVTGCOQHC&&HKNVGT6JKUHKNVGTVTCRUUQNKFRCTVKENGUFQYPVQOKETQPYKVJOCZQKNECTT[
QXGTQHOIO+HQKNXCRQWTUCPFQFQWTUCTGWPFGUKTCDNGC3&V[RGHKNVGTUJQWNFDGKPUVCNNGF
FQYPUVTGCOQHVJG2&HKNVGT
+VKUTGEQOOGPFGFVQRTQXKFGD[RCUURKRGUCPFXCNXGUCETQUUVJGHKNVGTUKPQTFGTVQKUQNCVGVJG
HKNVGTUFWTKPIOCKPVGPCPEGYKVJQWVFKUVWTDKPIVJGEQORTGUUQT
5CHGV[XCNXG
'NGEVTKEEQPPGEVKQPU
)#WRVQ)#%
2TQXKFGCPKUQNCVKPIUYKVEJPGCTD[VJGEQORTGUUQT
%JGEMVJCVVJGOQVQTECDNGUCPFYKTGUKPUKFGVJGGNGEVTKEECDKPGVCTGENCORGFVKIJVVQVJGKT
VGTOKPCNU
%JGEMVJGHWUGUCPFVJGUGVVKPIQHVJGQXGTNQCFTGNC[5GGUGEVKQP5GVVKPIUQHQXGTNQCFTGNC[CPF
HWUGU
%QPPGEVVJGRQYGTUWRRN[ECDNGUVQVGTOKPCNU...QHVGTOKPCNUVTKR
:
%QPPGEVVJGGCTVJEQPFWEVQTVQGCTVJDQNV
VGTOKPCNUVTKR
:QHVGTOKPCNUVTKR
:
+PUVTWEVKQPOCPWCN
'NGEVTKECNEQPPGEVKQP)#WRVQ)#%
4GHGTGPEG
&GUKIPCVKQP
%WUVQOGTUKPUVCNNCVKQP
1RVKQP
&T[GT
#NNXQNVCIGUGZEGRV8*\
+PUVTWEVKQPOCPWCN
4GHGTGPEG
&GUKIPCVKQP
8*\
1KNEQQNGTHCPOQVQTENQEMYKUGTQVCVKQP
#KTEQQNGTHCPOQVQTEQWPVGTENQEMYKUGTQVCVKQP
5WRRN[QHFT[GTQKNEQQNGTCPFCKTEQQNGT
#NNQVJGTXQNVCIGU
2KEVQITCRJU
)#WRVQ)#%
2KEVQITCRJU)#WRVQ)#%
4GHGTGPEG
&GUKIPCVKQP
/CPWCNEQPFGPUCVGFTCKP
#WVQOCVKEEQPFGPUCVGFTCKP
9CTPKPIXQNVCIG
9CTPKPIUYKVEJQHHVJGXQNVCIGCPFFGRTGUUWTKUGEQORTGUUQTDGHQTGTGRCKTKPI
9CTPKPIDGHQTGEQPPGEVKPIEQORTGUUQTGNGEVTKECNN[EQPUWNV+PUVTWEVKQPDQQMHQT
OQVQTTQVCVKQPFKTGEVKQP
6QTSWGUHQTUVGGN
(GQTDTCUU
%W<PDQNVU
%QPUWNVKPUVTWEVKQPDQQMDGHQTGITGCUKPI
.KIJVN[QKNICUMGVQHQKNHKNVGTUETGYKVQPCPFVKIJVGPD[JCPF
CRRTQZJCNHCVWTP
+PUVTWEVKQPOCPWCN
1RGTCVKPIKPUVTWEVKQPU
$GHQTGKPKVKCNUVCTVWR
5CHGV[
6JGQRGTCVQTOWUVCRRN[CNNTGNGXCPVUCHGV[RTGECWVKQPUKPENWFKPIVJQUGOGPVKQPGFKP
VJKUDQQM
1WVFQQTCNVKVWFGQRGTCVKQP
+HVJGEQORTGUUQTKUKPUVCNNGFQWVFQQTUQTKHVJGCKTKPNGVVGORGTCVWTGECPDGDGNQYu%u(
RTGECWVKQPUOWUVDGVCMGP+PVJKUECUGCPFCNUQKHQRGTCVKPICDQXGO
HVEQPUWNV#VNCU
%QREQ
/QXKPINKHVKPIHQT)#WRVQ)#%
5GGUGEVKQP+PUVCNNCVKQPRTQRQUCN
4GOQVGUVCTVKPIUVQRRKPIQPEQORTGUUQTUGSWKRRGFYKVJCP'NGMVTQPKMQP+TGIWNCVQT
*CXGVJGOQFKHKECVKQPUEJGEMGFD[#VNCU%QREQ5VQRVJGEQORTGUUQTCPFUYKVEJQHH
VJGXQNVCIGDGHQTGEQPPGEVKPIGZVGTPCNGSWKROGPV1PN[XQNVCIGHTGGEQPVCEVUCTG
CNNQYGF
4GOQVGUVCTVKPICPFUVQRRKPI
%QPPGEVCUVCTVRTQITCOOGFUVQRDWVVQPDGVYGGPVGTOKPCNUCPFQHVGTOKPCNUVTKR
:5GG
UGEVKQP'NGEVTKECNU[UVGOVQNQECVGVJGVGTOKPCNUVTKR
'ZVGTPCNEQORTGUUQTUVCVWUKPFKECVKQPQPEQORTGUUQTUGSWKRRGFYKVJCP'NGMVTQPKMQP++TGIWNCVQT
6JG'NGMVTQPKMQP++TGIWNCVQTKURTQXKFGFYKVJCWZKNKCT[EQPVCEVU
---CPF-CVVJGDCEMQH
VJGGNGEVTQPKEOQFWNGHQTGZVGTPCNKPFKECVKQPQH
NQYQTJKIJCKTRTGUUWTG
-ENQUGFOGCPUJKIJCKTRTGUUWTG
OCPWCNNQCFWPNQCFQTCWVQOCVKEQRGTCVKQP
-
YCTPKPIEQPFKVKQP
-
UJWVFQYPEQPFKVKQP
-
/CZKOWONQCFHQTVJGUGEQPVCEVU#8#%5VQRVJGEQORTGUUQTCPFUYKVEJQHHVJGXQNVCIG
DGHQTGEQPPGEVKPIGZVGTPCNGSWKROGPV%QPUWNV#VNCU%QREQ
%QORTGUUQTEQPVTQNOQFGUQPEQORTGUUQTUGSWKRRGFYKVJCP'NGMVTQPKMQP++TGIWNCVQT
*CXGVJGOQFKHKECVKQPUEJGEMGFD[#VNCU%QREQ5VQRVJGEQORTGUUQTCPFUYKVEJQHH
VJGXQNVCIGDGHQTGEQPPGEVKPIGZVGTPCNGSWKROGPV1PN[XQNVCIGHTGGEQPVCEVUCTG
CNNQYGF
+PUVTWEVKQPOCPWCN
%QPUWNVUGEVKQP2TQITCOOKPIEQORTGUUQTEQPVTQNOQFGUKHKVKUFGUKTGFVQUYKVEJVQCPQVJGTEQPVTQN
OQFG
6JGHQNNQYKPIEQPVTQNOQFGUECPDGUGNGEVGF
.QECNEQPVTQN6JGEQORTGUUQTYKNNTGCEVVQEQOOCPFUGPVGTGFD[VJGDWVVQPUQPVJGEQPVTQNRCPGN
%QORTGUUQTUVCTVUVQREQOOCPFUXKC%NQEMHWPEVKQPCTGCEVKXGKHRTQITCOOGF
4GOQVGEQPVTQN6JGEQORTGUUQTYKNNTGCEVVQEQOOCPFUHTQOGZVGTPCNUYKVEJGU'OGTIGPE[UVQR
TGOCKPUCEVKXG%QORTGUUQTUVCTVUVQREQOOCPFUXKC%NQEMHWPEVKQPCTGUVKNNRQUUKDNG
(QTTGOQVGUVCTVKPICPFUVQRRKPIQP)#WRVQ)#%
%QPPGEVCUVCTVRTQITCOOGFUVQRDWVVQPDGVYGGPVGTOKPCNUCPFQHVGTOKPCNUVTKR
:
5GGUGEVKQP'NGEVTKECNU[UVGOVQNQECVGVJGVGTOKPCNUVTKR
$TKFIGVGTOKPCNUCPFQHVGTOKPCNUVTKR
:+PVJKUOQFGVJGQWVNGVRTGUUWTGKUUVKNNUGPUGF
D[RTGUUWTGVTCPUFWEGT
26TGUWNVKPIKPNQCFKPICPFWPNQCFKPIQHVJGEQORTGUUQTCVVJG
RTGUUWTGURTQITCOOGFKPVJGGNGEVTQPKETGIWNCVQT+HVGTOKPCNUCPFQHVGTOKPCNUVTKR
:
CTGPQVDTKFIGFVJGEQORTGUUQTKUUYKVEJGFQWVQHCWVQOCVKENQCFWPNQCFQRGTCVKQPCPFTGOCKPU
TWPPKPIWPNQCFGF5GGUGEVKQP'NGEVTKECNU[UVGOVQNQECVGVJGVGTOKPCNUVTKR
(QTTGOQVGNQCFKPIWPNQCFKPI
XKCGZVGTPCNRTGUUWTGUYKVEJQP)#WRVQ)#%
$TKFIGVGTOKPCNUCPFQHVGTOKPCNUVTKR
:CPFEQPPGEVCNQCFWPNQCFUYKVEJDGVYGGP
VGTOKPCNUCPFQHVGTOKPCNUVTKR
:6JKUTGUWNVUKPNQCFKPICPFWPNQCFKPIQHVJG
EQORTGUUQTCVVJGENQUKPICPFQRGPKPIRTGUUWTGUQHVJGGZVGTPCNRTGUUWTGUYKVEJTGURGEVKXGN[
.#0EQPVTQN6JGEQORTGUUQTKUEQPVTQNNGFXKCCNQECNPGVYQTM%QPUWNV#VNCU%QREQ
+PKVKCNUVCTVWR
5CHGV[
6JGQRGTCVQTOWUVCRRN[CNNTGNGXCPV5CHGV[RTGECWVKQPU
2TQEGFWTG
(QTVJGRQUKVKQPQHVJGCKTQWVNGVXCNXGCPFVJGFTCKPEQPPGEVKQPUUGGUGEVKQPU
+PVTQFWEVKQPCPF%QPFGPUCVGU[UVGO
+PUVTWEVKQPOCPWCN
6TCPURQTVHKZVWTGUQH)#WRVQ)#%
/QVQTFKTGEVKQPCTTQYQP)#WRVQ)#%
+PUVTWEVKQPOCPWCN
2QUKVKQPQHQKNNGXGNUKIJVINCUUQP)#WRVQ)#%
+PUVTWEVKQPOCPWCN
'NGEVTKECNECDKPGV
V[RKECNGZCORNG
%QPUWNVVJGUGEVKQPU'NGEVTKEECDNGUK\G+PUVCNNCVKQPRTQRQUCNUCPF&KOGPUKQPFTCYKPIU
6JGHQNNQYKPIVTCPURQTVHKZVWTGURCKPVGFTGFOWUVDGTGOQXGF
$QNVU
$WUJGU
1P)#WRVQ)#%CPFHQTCXQNVCIGUWRRN[QVJGTVJCP8QT8
0CVTCPUHQTOGT
6
KURTQXKFGF4GOQXGVJGURCEGTUWPFGTPGCVJVJKUVTCPUHQTOGT5GG'NGEVTKECNEQPPGEVKQPU
%JGEMVJCVVJGGNGEVTKECNEQPPGEVKQPUEQTTGURQPFVQVJGNQECNEQFGUCPFVJCVCNNYKTGUCTG
ENCORGFVKIJVVQVJGKTVGTOKPCNU
6JGKPUVCNNCVKQPOWUVDGGCTVJGFCPFRTQVGEVGFCICKPUVUJQTVEKTEWKVUD[HWUGUQHVJGKPGTVV[RGKP
CNNRJCUGU#PKUQNCVKPIUYKVEJOWUVDGKPUVCNNGFPGCTVJGEQORTGUUQT
%JGEMVTCPUHQTOGT
6HQTEQTTGEVEQPPGEVKQP
%JGEMVJGUGVVKPIUQHFTKXGOQVQTQXGTNQCFTGNC[
(
%JGEMVJCVVJGOQVQTQXGTNQCFTGNC[KUUGVHQTOCPWCNTGUGVVKPI
(KVVJGCKTQWVNGVXCNXG
#8UGGUGEVKQP+PVTQFWEVKQPHQTVJGRQUKVKQPQHVJGXCNXG
%NQUGVJGXCNXG
%QPPGEVVJGCKTPGVVQVJGXCNXG
1PEQORTGUUQTUGSWKRRGFYKVJCFT[GTD[RCUUHKVVJGCKTQWVNGVXCNXGVQVJGFT[GTD[RCUURKRG
+HRTQXKFGFEQPPGEVVJGOCPWCNEQPFGPUCVGFTCKPXCNXG
&O
%NQUGVJGXCNXG
%QPPGEVVJGXCNXGVQCFTCKPEQNNGEVQT
+PUVTWEVKQPOCPWCN
+HRTQXKFGFEQPPGEVVJGCWVQOCVKEFTCKPQWVNGV
&CVQCFTCKPEQNNGEVQT
6JGFTCKPRKRGUVQVJGFTCKPEQNNGEVQTOWUVPQVFKRKPVQVJGYCVGT+HVJGRKRGUJCXGDGGPHKVVGF
QWVUKFGVJGTQQOYJGTGHTGG\KPIKURQUUKDNGVJG[OWUVDGKPUWNCVGF(QTFTCKPKPIQHRWTG
EQPFGPUCVGYCVGTKPUVCNNCPQKNYCVGTUGRCTCVQTYJKEJKUCXCKNCDNGHTQO#VNCU%QREQCUCP
QRVKQP5GGUGEVKQP15&WPKV
%JGEMVJGQKNNGXGN
1P)#WRVQ)#%VJGQKNNGXGNUKIJVINCUUUJQWNFDGDGVYGGPCPFHWNN
6JGDQVVNGYKVJ#VNCU%QREQQKNFGNKXGTGFNQQUGYKVJVJGEQORTGUUQTECPDGWUGFHQTVQRRKPI
WR
2TQXKFGNCDGNUYCTPKPIVJGQRGTCVQTVJCV
6JGEQORTGUUQTOC[CWVQOCVKECNN[TGUVCTVCHVGTXQNVCIGHCKNWTG
KHCEVKXCVGFEQPUWNV#VNCU
%QREQ
6JGEQORTGUUQTKUCWVQOCVKECNN[EQPVTQNNGFCPFOC[DGTGUVCTVGFCWVQOCVKECNN[
5YKVEJQPVJGXQNVCIG5VCTVVJGEQORTGUUQTCPFUVQRKVKOOGFKCVGN[%JGEMVJGTQVCVKQP
FKTGEVKQPQHVJGFTKXGOQVQT
/YJKNGVJGOQVQTKUEQCUVKPIVQCUVQR
1PCKTEQQNGFEQORTGUUQTUEJGEMCNUQVJGTQVCVKQPFKTGEVKQPQHVJGHCPOQVQT
1P)#WRVQ)#%VJGEQTTGEVTQVCVKQPFKTGEVKQPQHVJGFTKXGOQVQTKUENQEMYKUGYJGPHCEKPI
VJGPQPFTKXGGPFQHVJGOQVQTCPFKUKPFKECVGFD[CPCTTQY
%JGEMCNUQVJCVVJGHCPOQVQTU
CTGDNQYKPIEQQNKPICKTVJTQWIJVJGTQQHQHVJGEQORTGUUQT
+HVJGTQVCVKQPFKTGEVKQPQHVJGFTKXGOQVQTKUKPEQTTGEVUYKVEJQHHVJGXQNVCIGCPFTGXGTUGVYQ
KPEQOKPIGNGEVTKENKPGU
+PEQTTGEVTQVCVKQPFKTGEVKQPQHVJGFTKXGOQVQTOC[ECWUGFCOCIGVQVJGEQORTGUUQT
1PEQORTGUUQTUGSWKRRGFYKVJCP'NGMVTQPKMQP+TGIWNCVQTEJGEMVJGUGVVKPIUUGGUGEVKQP
5GVVKPIU
1PEQORTGUUQTUGSWKRRGFYKVJCP'NGMVTQPKMQP++TGIWNCVQTEJGEMVJGRTQITCOOGFUGVVKPIU
%QPUWNVUGEVKQP2TQITCOOCDNGUGVVKPIU
5VCTVCPFTWPVJGEQORTGUUQTHQTCHGYOKPWVGU%JGEMVJCVVJGEQORTGUUQTQRGTCVGUPQTOCNN[
$GHQTGUVCTVKPI
2TQEGFWTG
%JGEMVJGQKNNGXGNVQRWRKHPGEGUUCT[5GGUGEVKQP+PKVKCNUVCTVWR
5VCTVKPI
2TQEGFWTG
(QTVJGRQUKVKQPQHVJGCKTQWVNGVXCNXGCPFVJGFTCKPEQPPGEVKQPUUGGUGEVKQPU
+PVTQFWEVKQPCPF%QPFGPUCVGU[UVGO
+PUVTWEVKQPOCPWCN
%QPVTQNRCPGNQH'NGMVTQPKMQP+
%QPVTQNRCPGNQH'NGMVTQPKMQP++
5VGR
#EVKQP
5YKVEJQPVJGXQNVCIG%JGEMVJCVXQNVCIGQP.'&
NKIJVUWR
1RGPVJGCKTQWVNGVXCNXG
%NQUGVJGEQPFGPUCVGFTCKPXCNXG
&O
2TGUUUVCTVDWVVQP
QPVJGEQPVTQNRCPGN6JGEQORTGUUQTUVCTVUTWPPKPICPFVJGCWVQOCVKE
QRGTCVKQP.'&
NKIJVUWR6GPUGEQPFUCHVGTUVCTVKPIVJGFTKXGOQVQTUYKVEJGUQXGTHTQOUVCT
VQFGNVCCPFVJGEQORTGUUQTUVCTVUTWPPKPINQCFGF
+PUVTWEVKQPOCPWCN
&WTKPIQRGTCVKQP
2TQEGFWTG
%QPVTQNRCPGN'NGMVTQPKMQP+
%QPVTQNRCPGN'NGMVTQPKMQP++
+PUVTWEVKQPOCPWCN
2QUKVKQPQHQKNNGXGNUKIJVINCUUCPFUGTXKEGKPFKECVQTQP)#WRVQ)#%
4GIWNCTN[EJGEMVJGQKNNGXGN6JTGGOKPWVGUCHVGTUVQRRKPIUKIJVINCUU
)NUJQWNFDGDGVYGGPCPF
HWNN9CKVWPVKNVJGEQORTGUUQTJCUUVQRRGF
UGEQPFUFGRTGUUWTKUGVJGQKNU[UVGOD[WPUETGYKPI
QKNHKNNGTRNWI
(%QPGVWTPCPFYCKVCHGYOKPWVGU4GOQXGVJGRNWICPFVQRWRQKNWPVKNVJGUKIJVINCUU
KUHWNN(KVCPFVKIJVGPVJGRNWI
(%
9JGPCWVQOCVKEQRGTCVKQP.'&
KUNKVVJGTGIWNCVQTKUCWVQOCVKECNN[EQPVTQNNKPIVJGEQORTGUUQTKG
NQCFKPIWPNQCFKPIUVQRRKPIQHVJGOQVQTUCPFTGUVCTVKPI
+HRTQXKFGFTGIWNCTN[EJGEMVJCVEQPFGPUCVGKUFKUEJCTIGFFWTKPIQRGTCVKQP5GGUGEVKQP%QPFGPUCVG
U[UVGOCPFKPECUGQHCP15&CNUQEJGEMVJGNGXGNKPVJGQKNEQNNGEVQTUGGUGEVKQP15&/CKPVGPCPEG
CPFQRGTCVKPIKPUVTWEVKQP6JGCOQWPVQHEQPFGPUCVGFGRGPFUQPGPXKTQPOGPVCNCPFYQTMKPI
EQPFKVKQPU
+PUVTWEVKQPOCPWCN
%JGEMKPIVJGFKURNC[
2TQEGFWTG
%QPVTQNRCPGN'NGMVTQPKMQP+
%QPVTQNRCPGN'NGMVTQPKMQP++
1PEQORTGUUQTUGSWKRRGFYKVJCP'NGMVTQPKMQP+TGIWNCVQTEJGEMVJGFKURNC[
TGIWNCTN[VJG
EQORTGUUQTUVCVWUKUKPFKECVGFD[RKEVQITCRJUUGGUGEVKQP2KEVQITCRJUWUGFQPVJGUETGGP4GOGF[VJG
VTQWDNGKHCNCTO.'&
KUNKVQTHNCUJGUUGGUGEVKQPU5GTXKEGYCTPKPI5JWVFQYPYCTPKPICPF5JWV
FQYP
1PEQORTGUUQTUGSWKRRGFYKVJCP'NGMVTQPKMQP++TGIWNCVQTEJGEMVJGFKURNC[
TGIWNCTN[HQTTGCFKPIU
CPFOGUUCIGU0QTOCNN[VJGFKURNC[UJQYUVJGEQORTGUUQTQWVNGVRTGUUWTGVJGUVCVWUQHVJG
EQORTGUUQTCPFVJGCDDTGXKCVKQPUQHVJGHWPEVKQPUQHVJGMG[UDGNQYVJGFKURNC[4GOGF[VJGVTQWDNGKH
CNCTO.'&
KUNKVQTHNCUJGUUGGUGEVKQP5VCVWUFCVCOGPW
6JGFKURNC[
YKNNUJQYCUGTXKEGOGUUCIGKHCUGTXKEGRNCPKPVGTXCNJCUDGGPGZEGGFGFQTKHCUGTXKEG
NGXGNHQTCOQPKVQTGFEQORQPGPVJCUDGGPGZEGGFGF%CTT[QWVVJGUGTXKEGCEVKQPUQHVJGKPFKECVGFRNCPU
QTTGRNCEGVJGEQORQPGPVCPFTGUGVVJGTGNGXCPVVKOGTUGGUGEVKQP5VCVWUFCVCOGPW
+PUVTWEVKQPOCPWCN
5VQRRKPI
'NGMVTQPKMQPTGIWNCVQT
%QPVTQNRCPGNQH'NGMVTQPKMQP+
%QPVTQNRCPGNQH'NGMVTQPKMQP++
2TQEGFWTG
5VGR
#EVKQP
2TGUUUVQRDWVVQP
#WVQOCVKEQRGTCVKQP.'&
IQGUQWVCPFVJGEQORTGUUQT
UVQRUCHVGTUGEQPFUQHWPNQCFGFQRGTCVKQP
6QUVQRVJGEQORTGUUQTKPVJGGXGPVQHCPGOGTIGPE[RTGUUGOGTIGPE[UVQRDWVVQP
#NCTO.'&HNCUJGU
1PEQORTGUUQTUYKVJ'NGMVTQPKMQP+CHVGTTGOGF[KPIVJGHCWNVWPNQEMVJGDWVVQPD[
RWNNKPIKVQWVCPFRTGUUVJGTGUGVMG[
DGHQTGTGUVCTVKPI
1PEQORTGUUQTUYKVJ'NGMVTQPKMQP++CHVGTTGOGF[KPIVJGHCWNVWPNQEMVJGDWVVQPD[
RWNNKPIKVQWVCPFRTGUU4UGVMG[
DGHQTGTGUVCTVKPI
%NQUGVJGCKTQWVNGVXCNXG
#8UGGUGEVKQP+PVTQFWEVKQP
1RGPVJGEQPFGPUCVGFTCKPXCNXG
&O5GGUGEVKQP%QPFGPUCVGU[UVGO
+PUVTWEVKQPOCPWCN
6CMKPIQWVQHQRGTCVKQP
2TQEGFWTG
5VGR
#EVKQP
5VQRVJGEQORTGUUQTCPFENQUGVJGCKTQWVNGVXCNXG
5YKVEJQHHVJGXQNVCIGCPFFKUEQPPGEVVJGEQORTGUUQTHTQOVJGOCKPU
&GRTGUUWTKUGVJGEQORTGUUQTD[QRGPKPIRNWI
(%%QPUWNVUGEVKQP1KNCPFQKNHKNVGT
EJCPIGVQNQECVGVJGHKNNGTRNWI
1RGPVJGEQPFGPUCVGFTCKPXCNXG
&O%QPUWNVUGEVKQP%QPFGPUCVGU[UVGOVQ
NQECVGVJGFTCKPXCNXG
5JWVQHHCPFFGRTGUUWTKUGVJGRCTVQHVJGCKTPGVYJKEJKUEQPPGEVGFVQVJGQWVNGV
XCNXG&KUEQPPGEVVJGEQORTGUUQTCKTQWVNGVRKRGHTQOVJGCKTPGV
&TCKPVJGQKN
&TCKPVJGEQPFGPUCVGEKTEWKVCPFFKUEQPPGEVVJGEQPFGPUCVGRKRKPIHTQOVJG
EQPFGPUCVGPGV
+PUVTWEVKQPOCPWCN
/CKPVGPCPEG
&TKXGOQVQT
(QT)#WRVQ)#%
6JGOQVQTDGCTKPIUCTGITGCUGFHQTNKHG
2TGXGPVKXGOCKPVGPCPEGUEJGFWNG
9CTPKPI
$GHQTGECTT[KPIQWVCP[OCKPVGPCPEGTGRCKTYQTMQTCFLWUVOGPVURTQEGGFCU
HQNNQYU
5VQRVJGEQORTGUUQT
2TGUUVJGGOGTIGPE[UVQRDWVVQP
5YKVEJQHHVJGXQNVCIG
%NQUGVJGCKTQWVNGVXCNXGCPFQRGPKHRTQXKFGFVJGOCPWCNEQPFGPUCVGFTCKP
XCNXG
&GRTGUUWTKUGVJGEQORTGUUQT
(QTFGVCKNGFKPUVTWEVKQPUUGGUGEVKQP2TQDNGOUQNXKPI
6JGQRGTCVQTOWUVCRRN[CNNTGNGXCPV5CHGV[RTGECWVKQPU
9CTTCPV[2TQFWEV.KCDKNKV[
7UGQPN[CWVJQTKUGFRCTVU#P[FCOCIGQTOCNHWPEVKQPECWUGFD[VJGWUGQHWPCWVJQTKUGFRCTVUKUPQV
EQXGTGFD[9CTTCPV[QT2TQFWEV.KCDKNKV[
5GTXKEGMKVU
(QTQXGTJCWNKPIQTECTT[KPIQWVRTGXGPVKXGOCKPVGPCPEGUGTXKEGMKVUCTGCXCKNCDNG
UGGUGEVKQP5GTXKEG
MKVU
5GTXKEGEQPVTCEVU
#VNCU%QREQQHHGTUUGXGTCNV[RGUQHUGTXKEGEQPVTCEVUTGNKGXKPI[QWQHCNNRTGXGPVKXGOCKPVGPCPEGYQTM
%QPUWNV[QWT#VNCU%QREQ%WUVQOGT%GPVTG
)GPGTCN
9JGPUGTXKEKPITGRNCEGCNNTGOQXGFICUMGVU1TKPIUCPFYCUJGTU
+PVGTXCNU
6JGNQECN#VNCU%QREQ%WUVQOGT%GPVTGOC[QXGTTWNGVJGOCKPVGPCPEGUEJGFWNGGURGEKCNN[VJGUGTXKEG
KPVGTXCNUFGRGPFKPIQPVJGGPXKTQPOGPVCNCPFYQTMKPIEQPFKVKQPUQHVJGEQORTGUUQT
6JGNQPIGTKPVGTXCNEJGEMUOWUVCNUQKPENWFGVJGUJQTVGTKPVGTXCNEJGEMU
+PUVTWEVKQPOCPWCN
5GTXKEGCEVKQPUHQTEQORTGUUQTUYKVJ'NGMVTQPKMQP+
$GUKFGUVJGFCKN[CPFOQPVJN[EJGEMUVJGUGTXKEGQRGTCVKQPUCTGITQWRGFKPVKOGKPVGTXCNU
TWPPKPI
JQWTU6JGTGIWNCVQTJCUCRTQITCOOCDNGUGTXKEGVKOGT#UGTXKEGYCTPKPIYKNNCRRGCTYJGPVJGUGTXKEG
VKOGTJCUTGCEJGFVJGRTQITCOOGFVKOGKPVGTXCNUGGUGEVKQP5GTXKEGYCTPKPI+PVJKUECUGEJGEMVJG
TWPPKPIJQWTU%CTT[QWVVJGUGTXKEGQRGTCVKQPUEQTTGURQPFKPIVQVJGTWPPKPIJQWTUCUURGEKHKGFKPVJG
UEJGFWNGDGNQY4GUGVVJGUGTXKEGVKOGTCHVGTUGTXKEKPIUGGUGEVKQP%CNNKPIWRTGUGVVKPIUGTXKEGVKOGT
5GTXKEGRNCPUHQTEQORTGUUQTUYKVJ'NGMVTQPKMQP++
$GUKFGUVJGFCKN[CPFOQPVJN[EJGEMUVJGUGTXKEGQRGTCVKQPUCTGITQWRGFKPRNCPUECNNGFUGTXKEGRNCPU
#$CUURGEKHKGFKPVJGUEJGFWNGDGNQY'CEJRNCPJCUCRTQITCOOGFVKOGKPVGTXCNCVYJKEJCNN
UGTXKEGCEVKQPUDGNQPIKPIVQVJCVRNCPCTGVQDGECTTKGFQWV9JGPTGCEJKPIVJGKPVGTXCNCOGUUCIGYKNN
CRRGCTQPVJGUETGGPKPFKECVKPIYJKEJUGTXKEGRNCPUCTGVQDGECTTKGFQWVUGGUGEVKQP5VCVWUFCVCOGPW
#HVGTUGTXKEKPIVJGKPVGTXCNUOWUVDGTGUGVUGGUGEVKQP5GTXKEGOGPW
2TGXGPVKXGOCKPVGPCPEGUEJGFWNG
)GPGTCN
2GTKQF
1RGTCVKQP
&CKN[
%JGEMQKNNGXGN
%JGEMTGCFKPIUQPFKURNC[
%JGEMVJCVEQPFGPUCVGKUFKUEJCTIGFFWTKPINQCFKPI
&TCKPEQPFGPUCVG
OQPVJN[
%JGEMEQQNGTUENGCPKHPGEGUUCT[
(QT)#WRVQ)#%YKVJ+(&%JGEMEQPFGPUGTQHFT[GTCPFENGCPKHPGEGUUCT[
4GOQXGCKTHKNVGTGNGOGPV%NGCPWUKPICPCKTLGVCPFKPURGEV
/QTGHTGSWGPVN[YJGPQRGTCVKPIKPCFWUV[CVOQURJGTG
4GRNCEGFCOCIGFQTJGCXKN[EQPVCOKPCVGFGNGOGPVU
(QT)#WRVQ)#%
4WPPKPIJQWTU
5GTXKEGRNCP
1RGTCVKQP
+H#VNCU%QREQ(QQF)TCFG(NWKFKUWUGFEJCPIGQKNCPFQKNHKNVGT
+H#VNCU%QREQ4QVQKPLGEV(NWKFKUWUGFEJCPIGQKNCPFQKNHKNVGT
+H#VNCU%QREQ5[PVJGVKE2#1(NWKFHQTOGODTCPGCRRNKECVKQPKU
WUGFEJCPIGQKNCPFQKNHKNVGT
4GRNCEGCKTHKNVGTGNGOGPV
4GRNCEGQKNUGRCTCVQT
+H#VNCU%QREQ*&4QVQ(NWKF2NWUKUWUGFEJCPIGQKNCPFQKNHKNVGT
%JGEMRTGUUWTGCPFVGORGTCVWTGTGCFKPIU
%CTT[QWVCP.'&FKURNC[VGUV
%JGEMHQTRQUUKDNGCKTNGCMCIG
%NGCPEQQNGTU
(QT)#WRVQ)#%YKVJ+(&%NGCPEQPFGPUGTQHFT[GT
+HRTQXKFGFTGOQXGFKUOCPVNGCPFENGCPHNQCVXCNXGQH
EQPFGPUCVGVTCR5GGUGEVKQP%QPFGPUCVGU[UVGO
+PUVTWEVKQPOCPWCN
4WPPKPIJQWTU
5GTXKEGRNCP
1RGTCVKQP
6GUVVGORGTCVWTGUJWVFQYPHWPEVKQP
6GUVUCHGV[XCNXGU
4GRNCEG8DGNVU
*CXGCKTKPNGVXCNXGCPFOKPKOWORTGUUWTGXCNXGKPURGEVGFD[
#VNCU%QREQ
+H#VNCU%QREQ4QVQ'ZVTGOG&WV[(NWKFKUWUGFEJCPIGQKNCPFQKN
HKNVGT
+ORQTVCPV
#NYC[UEQPUWNV#VNCU%QREQKHCVKOGTUGVVKPIJCUVQDGEJCPIGF
(QTVJGEJCPIGKPVGTXCNQHQKNCPFQKNHKNVGTKPGZVTGOGEQPFKVKQPUQHVGORGTCVWTG
JWOKFKV[QTEQQNKPICKTEQPUWNV[QWT#VNCU%QREQ%WUVQOGT%GPVTG
#P[NGCMCIGUJQWNFDGCVVGPFGFVQKOOGFKCVGN[&COCIGFHNGZKDNGUQTHNGZKDNG
LQKPVUOWUVDGTGRNCEGF
1KNURGEKHKECVKQPU
0GXGTOKZQKNUQHFKHHGTGPVDTCPFUQTV[RGU
+VKUUVTQPIN[TGEQOOGPFGFVQWUG#VNCU%QREQ(NWKF
UGGUGEVKQP2TGXGPVKXGOCKPVGPCPEGUEJGFWNG
#VNCU%QREQ4QVQ+PLGEV(NWKF
1KNHQT+'%WPKVUCPF%5#7.WPKVUYKVJCOQVQTXQNVCIGQH8
#VNCU%QREQ4QVQ+PLGEV(NWKFKUURGEKCNQKNHQTQKNKPLGEVGFUETQNNCPFUETGYEQORTGUUQTUYJKEJMGGRUVJG
EQORTGUUQTKPGZEGNNGPVEQPFKVKQP4QVQ+PLGEV(NWKFECPDGWUGFHQTEQORTGUUQTUQRGTCVKPICVCODKGPV
VGORGTCVWTGUDGVYGGPu%
u(CPFu%
u(
UGGUGEVKQP5GTXKEGMKVU
#VNCU%QREQ*&4QVQ(NWKF2NWU
1KNHQT%5#7.WPKVUGZEGRVHQTWPKVUYKVJCOQVQTXQNVCIGQH8
5RGEKCNQKNFGNKXGTGFCUCPQRVKQPHQT+'%WPKVUCPF%5#7.WPKVUYKVJCOQVQTXQNVCIGQH8
#VNCU%QREQ*&4QVQ(NWKF2NWUKUURGEKCNQKNHQTQKNKPLGEVGFUETQNNCPFUETGYEQORTGUUQTUYJKEJMGGRU
VJGEQORTGUUQTKPGZEGNNGPVEQPFKVKQP*&4QVQ(NWKF2NWUECPDGWUGFHQTEQORTGUUQTUQRGTCVKPICV
CODKGPVVGORGTCVWTGUDGVYGGPu%
u(CPFu%
u(
UGGUGEVKQP5GTXKEGMKVU
#VNCU%QREQ4QVQ'ZVTGOG&WV[(NWKF
5RGEKCNQKNFGNKXGTGFCUCPQRVKQP
+PUVTWEVKQPOCPWCN
#VNCU%QREQ*&4QVQ'ZVTGOG&WV[HNWKFKUURGEKCNQKNHQTQKNKPLGEVGFUETQNNCPFUETGYEQORTGUUQTU
YJKEJMGGRUVJGEQORTGUUQTKPGZEGNNGPVEQPFKVKQP4QVQ'ZVTGOG&WV[(NWKFECPDGWUGFHQT
EQORTGUUQTUQRGTCVKPICVCODKGPVVGORGTCVWTGUDGVYGGPu%
u(CPFu%
u(
UGGUGEVKQP
5GTXKEGMKVU
#VNCU%QREQ(QQF)TCFG(NWKF
5RGEKCNQKNFGNKXGTGFCUCPQRVKQP
#VNCU%QREQ(QQF)TCFGHNWKFKUCWPKSWGJKIJSWCNKV[U[PVJGVKENWDTKECPVURGEKCNN[ETGCVGFHQTQKN
KPLGEVGFUETGYEQORTGUUQTUVJCVRTQXKFGCKTHQTVJGHQQFKPFWUVT[6JKUNWDTKECPVMGGRUVJGEQORTGUUQT
KPGZEGNNGPVEQPFKVKQP(QQF)TCFGQKNECPDGWUGFHQTEQORTGUUQTUQRGTCVKPICVCODKGPVVGORGTCVWTGU
DGVYGGPu%
u(CPFu%
u(
UGGUGEVKQP5GTXKEGMKVU
#VNCU%QREQ5[PVJGVKE2#1(NWKFHQTOGODTCPGCRRNKECVKQP
5RGEKCNQKNFGNKXGTGFCUCPQRVKQP
#VNCU%QREQ5[PVJGVKE2#1HNWKFHQTOGODTCPGCRRNKECVKQPKUCWPKSWGJKIJSWCNKV[U[PVJGVKENWDTKECPV
URGEKCNN[ETGCVGFHQTOGODTCPGCRRNKECVKQP6JKUNWDTKECPVMGGRUVJGEQORTGUUQTKPGZEGNNGPVEQPFKVKQP
5[PVJGVKE2#1HNWKFHQTOGODTCPGCRRNKECVKQPECPDGWUGFHQTEQORTGUUQTUQRGTCVKPICVCODKGPV
VGORGTCVWTGUDGVYGGPu%
u(CPFu%
u(
UGGUGEVKQP5GTXKEGMKVU
4GOCTM
#NCDGNKPFKECVKPIVJGV[RGQHQKNHKNNGFGZHCEVQT[KUUVWEMQPVJGCKTTGEGKXGTQKNVCPM
1KNCPFQKNHKNVGTEJCPIG
9CTPKPI
6JGQRGTCVQTOWUVCRRN[CNNTGNGXCPV5CHGV[RTGECWVKQPU
+PUVTWEVKQPOCPWCN
2TQEGFWTG
1KNU[UVGOEQORQPGPVUQH)#WRVQ)#%
4WPVJGEQORTGUUQTWPVKNYCTO5VQRVJGEQORTGUUQTCHVGTOKPWVGUQHWPNQCFGFQRGTCVKQP
%NQUGVJGCKTQWVNGVXCNXGCPFUYKVEJQHHVJGXQNVCIG9CKVCHGYOKPWVGUCPFFGRTGUUWTKUGD[
WPUETGYKPIQKNHKNNGTRNWI
(%LWUVQPGVWTPVQRGTOKVCP[RTGUUWTGKPVJGU[UVGOVQGUECRG
1P)#WRVQ)#%TGOQXGQKNFTCKPRNWI
&2&TCKPVJGQKND[QRGPKPIXCNXG
8F%NQUG
VJGXCNXGCPFHKVVJGRNWICHVGTFTCKPKPI
%QNNGEVVJGQKNKPCEQNNGEVQTCPFFGNKXGTKVVQVJGNQECNEQNNGEVKQPUGTXKEG4GHKVCPFVKIJVGPVJG
FTCKPCPFXGPVRNWIUCHVGTFTCKPKPI
+PUVTWEVKQPOCPWCN
4GOQXGVJGQKNHKNVGT
1(%NGCPVJGUGCVQPVJGOCPKHQNF1KNVJGICUMGVQHVJGPGYHKNVGTCPF
UETGYKVKPVQRNCEG6KIJVGPHKTON[D[JCPF
4GOQXGHKNNGTRNWI
(%
1P)#WRVQ)#%HKNNVJGQKNVCPM
16YKVJQKNWPVKNVJGNGXGNTGCEJGUVJGOKFFNGQHUKIJV
INCUU
)N
6CMGECTGVJCVPQFKTVFTQRUKPVQVJGU[UVGO4GHKVCPFVKIJVGPHKNNGTRNWI
(%
4WPVJGEQORTGUUQTNQCFGFHQTCHGYOKPWVGU5VQRVJGEQORTGUUQTCPFYCKVCHGYOKPWVGU
VQCNNQYVJGQKNVQUGVVNG
&GRTGUUWTKUGVJGU[UVGOD[WPUETGYKPIHKNNGTRNWI
(%LWUVQPGVWTPVQRGTOKVCP[RTGUUWTGKP
VJGU[UVGOVQGUECRG4GOQXGVJGRNWI
1P)#WRVQ)#%HKNNVJGQKNVCPMYKVJQKNWPVKNVJGUKIJVINCUU
)NKUHWNN
6KIJVGPVJGHKNNGTRNWI
4GUGVVJGUGTXKEGVKOGT
(QTEQORTGUUQTUGSWKRRGFYKVJCP'NGMVTQPKMQP+TGIWNCVQTUGGUGEVKQP%CNNKPIWR
TGUGVVKPIUGTXKEGVKOGT
(QTEQORTGUUQTUGSWKRRGFYKVJCP'NGMVTQPKMQP++TGIWNCVQTCHVGTECTT[KPIQWVCNNUGTXKEG
CEVKQPUKPVJGTGNGXCPV5GTXKEG2NCPTGUGVVJGUGTXKEGYCTPKPIUGGUGEVKQP5GTXKEGOGPW
1KNUGRCTCVQTEJCPIG
9CTPKPI
6JGQRGTCVQTOWUVCRRN[CNNTGNGXCPV5CHGV[RTGECWVKQPU
+PUVTWEVKQPOCPWCN
2TQEGFWTG
1KNU[UVGOEQORQPGPVUQH)#WRVQ)#%
4WPVJGEQORTGUUQTWPVKNYCTO5VQRVJGEQORTGUUQTENQUGVJGCKTQWVNGVXCNXGCPF
UYKVEJQHHVJGXQNVCIG9CKVCHGYOKPWVGUCPFFGRTGUUWTKUGD[WPUETGYKPIQKNHKNNGT
RNWI
(%LWUVQPGVWTPVQRGTOKVCP[RTGUUWTGKPVJGU[UVGOVQGUECRG
9CKVOKPWVGUCPFTGOQXGVJGQKNUGRCTCVQT
15%NGCPVJGUGCVQPVJGOCPKHQNF
1KNVJGICUMGVQHVJGPGYUGRCTCVQTCPFUETGYKVKPVQRNCEG6KIJVGPHKTON[D[JCPF
4GOQXGHKNNGTRNWI
(%
(KNNVJGQKNVCPM
16YKVJQKNWPVKNVJGNGXGNTGCEJGUVJGOKFFNGQHUKIJVINCUU
)N
6CMGECTGVJCVPQFKTVFTQRUKPVQVJGU[UVGO4GHKVCPFVKIJVGPHKNNGTRNWI
(%
4GUGVVJGUGTXKEGVKOGT
(QTEQORTGUUQTUGSWKRRGFYKVJCP'NGMVTQPKMQP+TGIWNCVQTUGGUGEVKQP%CNNKPIWR
TGUGVVKPIUGTXKEGVKOGT
(QTEQORTGUUQTUGSWKRRGFYKVJCP'NGMVTQPKMQP++TGIWNCVQTCHVGTECTT[KPIQWVCNN
UGTXKEGCEVKQPUKPVJGTGNGXCPV5GTXKEG2NCPTGUGVVJGUGTXKEGYCTPKPIUGG
UGEVKQP5GTXKEGOGPW
5VQTCIGCHVGTKPUVCNNCVKQP
2TQEGFWTG
4WPVJGEQORTGUUQTGIVYKEGCYGGMWPVKNYCTO.QCFCPFWPNQCFVJGEQORTGUUQTCHGYVKOGU
+PUVTWEVKQPOCPWCN
+HVJGEQORTGUUQTKUIQKPIVQDGUVQTGFYKVJQWVTWPPKPIHTQOVKOGVQVKOG
RTQVGEVKXGOGCUWTGUOWUVDGVCMGP%QPUWNV#VNCU%QREQ
5GTXKEGMKVU
&GUETKRVKQP
5GTXKEGMKVUCTGCXCKNCDNGQHHGTKPIVJGDGPGHKVQHIGPWKPG#VNCU%QREQRCTVUYJKNGMGGRKPIVJG
OCKPVGPCPEGDWFIGVNQY6JGMKVUEQORTKUGCNNRCTVUPGGFGFHQTUGTXKEKPI
5GTXKEGMKVHQTQKNHKNVGTUCPFCKTHKNVGTU
5GTXKEGMKVHQTQKNHKNVGTUCPFCKTHKNVGTU
1TFGTKPIPWODGT
)#WRVQ)#%
5GTXKEGMKVUHQTVJGQKNUGRCTCVQT
5GTXKEGMKVUHQTVJGQKNUGRCTCVQT
1TFGTKPIPWODGT
)#WRVQ)#%
YKVJDQNVGFOKPKOWORTGUUWTG
XCNXG
)#WRVQ)#%
YKVJUETGYGFOKPKOWO
RTGUUWTGXCNXG
#VNCU%QREQ4QVQ+PLGEV(NWKF
#NUQEQPUWNVUGEVKQP1KNURGEKHKECVKQP
1TFGTKPIPWODGT
NKVTGECP
75ICN+ORICN
NKVTGECP
75ICN+ORICN
NKVTGFTWO
75ICN+ORICN
#VNCU%QREQ*&4QVQ(NWKF2NWU
#NUQEQPUWNVUGEVKQP1KNURGEKHKECVKQP
1TFGTKPIPWODGT
NKVTGECP
75ICN+ORICN
NKVTGFTWO
75ICN+ORICN
#VNCU%QREQ4QVQ'ZVTGOG&WV[(NWKF
#NUQEQPUWNVUGEVKQP1KNURGEKHKECVKQP
1TFGTKPIPWODGT
NKVTGECP
75ICN+ORICN
NKVTGECP
75ICN+ORICN
+PUVTWEVKQPOCPWCN
#VNCU%QREQ(QQF)TCFG(NWKF
#NUQEQPUWNVUGEVKQP1KNURGEKHKECVKQP
1TFGTKPIPWODGT
NKVTGECP
75ICN+ORICN
NKVTGFTWO
75ICN+ORICN
#VNCU%QREQ5[PVJGVKE2#1(NWKFHQTOGODTCPGCRRNKECVKQP
#NUQEQPUWNVUGEVKQP1KNURGEKHKECVKQP
1TFGTKPIPWODGT
NKVTGFTWO
75ICN+ORICN
+PUVTWEVKQPOCPWCN
#FLWUVOGPVUCPFUGTXKEKPIRTQEGFWTGU
#KTHKNVGT
.QECVKQPQHCKTHKNVGT
#KTHKNVGT)#WRVQ)#%
2TQEGFWTG
5VQRVJGEQORTGUUQT5YKVEJQHHVJGXQNVCIG
4GOQXGVJGEQXGTQHCKTHKNVGT
#(D[VWTPKPIKVCPVKENQEMYKUG4GOQXGVJGHKNVGTGNGOGPV+H
PGEGUUCT[ENGCPVJGEQXGT
(KVVJGPGYGNGOGPVCPFVJGEQXGT
4GUGVVJGCKTHKNVGTUGTXKEGYCTPKPI
%QPUWNVUGEVKQP%CNNKPIWRTGUGVVKPIUGTXKEGVKOGTVQTGUGVVJGUGTXKEGYCTPKPIQP'NGMVTQPKMQP+
TGIWNCVQTU
%QPUWNVUGEVKQP5VCVWUFCVCOGPWVQTGUGVVJGUGTXKEGYCTPKPIQP'NGMVTQPKMQP++TGIWNCVQTU
%QQNGTU
%NGCPKPI
-GGRVJGEQQNGTUENGCPVQOCKPVCKPGHHKEKGPE[
1PCKTEQQNGFEQORTGUUQTU
5VQRVJGEQORTGUUQTENQUGVJGCKTQWVNGVXCNXGCPFUYKVEJQHHVJGXQNVCIG
%QXGTCNNRCTVUWPFGTVJGEQQNGTU
+PUVTWEVKQPOCPWCN
4GOQXGCP[FKTVHTQOVJGEQQNGTUYKVJCHKDTGDTWUJ0GXGTWUGCYKTGDTWUJQTOGVCNQDLGEVU
6JGPENGCPYKVJCPCKTLGVKPVJGTGXGTUGFKTGEVKQPVQPQTOCNHNQY
+HKVKUPGEGUUCT[VQYCUJVJGEQQNGTUYKVJCENGCPKPICIGPVEQPUWNV#VNCU%QREQ
5CHGV[XCNXGU
.QECVKQPQHUCHGV[XCNXG
)#WRVQ)#%
6GUVKPI
$GHQTGTGOQXKPIVJGXCNXGFGRTGUUWTKUGVJGEQORTGUUQT5GGUGEVKQP2TQDNGOUQNXKPI
8CNXG
58ECPDGVGUVGFQPCUGRCTCVGCKTNKPG+HVJGXCNXGFQGUPQVQRGPCVVJGUGVRTGUUWTGUVCORGF
QPVJGXCNXGEQPUWNV#VNCU%QREQ
8CNXG
58KUHKVVGFQPVCPMOQWPVGFXGTUKQPU6JGXCNXGECPDGVGUVGFQPCUGRCTCVGCKTNKPG+HVJG
XCNXGFQGUPQVQRGPCVVJGUGVRTGUUWTGUVCORGFQPVJGXCNXGEQPUWNV#VNCU%QREQ
9CTPKPI
0QCFLWUVOGPVUCTGCNNQYGF0GXGTTWPVJGEQORTGUUQTYKVJQWVUCHGV[XCNXG
+PUVTWEVKQPOCPWCN
2TQDNGOUQNXKPI
2TQDNGOUQNXKPI
9CTPKPI
$GHQTGECTT[KPIQWVCP[OCKPVGPCPEGTGRCKTYQTMQTCFLWUVOGPVRTGUUVJGUVQR
DWVVQPYCKVWPVKNVJGEQORTGUUQTJCUUVQRRGF
CRRTQZUGEQPFURTGUUVJG
GOGTIGPE[UVQRDWVVQPCPFUYKVEJQHHVJGXQNVCIG%NQUGVJGCKTQWVNGVXCNXGCPFKH
RTQXKFGFQRGPVJGOCPWCNEQPFGPUCVGFTCKPXCNXGU&GRTGUUWTKUGVJGEQORTGUUQT
D[QRGPKPIVJGQKNHKNNGTRNWIQPGVWTP
(QTNQECVKQPQHEQORQPGPVUUGGUGEVKQPU
+PVTQFWEVKQP
%QPFGPUCVGU[UVGO
+PKVKCNUVCTVWR
1RGPCPFNQEMVJGKUQNCVKPIUYKVEJ
6JGCKTQWVNGVXCNXGECPDGNQEMGFFWTKPIOCKPVGPCPEGQTTGRCKTCUHQNNQYU
%NQUGVJGXCNXG
4GOQXGVJGUETGYHKZKPIVJGJCPFNGYKVJVJGYTGPEJFGNKXGTGFYKVJVJG
EQORTGUUQT
.KHVVJGJCPFNGCPFVWTPKVWPVKNVJGUNQVQHVJGJCPFNGHKVUQXGTVJGDNQEMKPIGFIG
QPVJGXCNXGDQF[
(KVVJGUETGY
6JGQRGTCVQTOWUVCRRN[CNNTGNGXCPV5CHGV[RTGECWVKQPU
(CWNVUCPFTGOGFKGU
1PEQORTGUUQTUGSWKRRGFYKVJCP'NGMVTQPKMQP+TGIWNCVQTKHVJGCNCTO.'&KUNKVQTHNCUJGUEQPUWNV
UGEVKQP5JWVFQYPYCTPKPI
1PEQORTGUUQTUGSWKRRGFYKVJCP'NGMVTQPKMQP++TGIWNCVQTKHVJGCNCTO.'&KUNKVQTHNCUJGUEQPUWNV
UGEVKQPU5VCVWUFCVCOGPWCPF5GTXKEGOGPW
%QPFKVKQP
(CWNV
%QORTGUUQTUVCTVUTWPPKPIDWV 5QNGPQKFXCNXGQWVQHQTFGT
FQGUPQVNQCFCHVGTCFGNC[VKOG
4GOGF[
4GRNCEGXCNXG
+PNGVXCNXGUVWEMKPENQUGF
RQUKVKQP
*CXGXCNXGEJGEMGF
.GCMKPEQPVTQNCKTHNGZKDNGU
4GRNCEGNGCMKPIHNGZKDNG
/KPKOWORTGUUWTGXCNXGNGCMKPI *CXGXCNXGEJGEMGF
YJGPPGVKUFGRTGUUWTKUGF
%QPFKVKQP
(CWNV
4GOGF[
%QORTGUUQTFQGUPQVWPNQCF
UCHGV[XCNXGDNQYU
5QNGPQKFXCNXGQWVQHQTFGT
4GRNCEGXCNXG
+PNGVXCNXGFQGUPQVENQUG
*CXGXCNXGEJGEMGF
+PUVTWEVKQPOCPWCN
%QPFKVKQP
(CWNV
4GOGF[
%QPFGPUCVGKUPQVFKUEJCTIGF
HTQOEQPFGPUCVGUGRCTCVQT
FWTKPINQCFKPI
&KUEJCTIGHNGZKDNGENQIIGF
%JGEMCPFEQTTGEVCU
PGEGUUCT[
(NQCVXCNXGOCNHWPEVKQPKPI
4GOQXGHNQCVXCNXG
CUUGODN[ENGCPCPFEJGEM
%QPFKVKQP
(CWNV
4GOGF[
%QORTGUUQTCKTQWVRWVQT
RTGUUWTGDGNQYPQTOCN
#KTEQPUWORVKQPGZEGGFUCKT
FGNKXGT[QHEQORTGUUQT
%JGEMGSWKROGPVEQPPGEVGF
%JQMGFCKTHKNVGTGNGOGPV
4GRNCEGHKNVGTGNGOGPV
5QNGPQKFXCNXGOCNHWPEVKQPKPI
4GRNCEGXCNXG
.GCMKPEQPVTQNCKTHNGZKDNGU
4GRNCEGNGCMKPIHNGZKDNGU
+PNGVXCNXGFQGUPQVHWNN[QRGP
*CXGXCNXGEJGEMGF
1KNUGRCTCVQTENQIIGF
*CXGGNGOGPVTGRNCEGF
#KTNGCMCIG
*CXGNGCMUTGRCKTGF
5CHGV[XCNXGNGCMKPI
*CXGXCNXGTGRNCEGF
%QORTGUUQTGNGOGPVQWVQH
QTFGT
%QPUWNV#VNCU%QREQ
%QPFKVKQP
(CWNV
4GOGF[
'ZEGUUKXGQKNEQPUWORVKQPQKN
ECTT[QXGTVJTQWIJFKUEJCTIG
NKPGQP)#WRVQ)#%
1KNNGXGNVQQJKIJ
%JGEMHQTQXGTHKNNKPI
4GNGCUGRTGUUWTGCPFFTCKP
QKNVQEQTTGEVNGXGN
+PEQTTGEVQKNECWUKPIHQCO
%JCPIGVQEQTTGEVQKN
1KNUGRCTCVQTFGHGEVKXG
*CXGGNGOGPVEJGEMGF
4GRNCEGKHPGEGUUCT[
%QPFKVKQP
(CWNV
4GOGF[
5CHGV[XCNXGDNQYUCHVGT
NQCFKPI
+PNGVXCNXGOCNHWPEVKQPKPI
*CXGXCNXGEJGEMGF
/KPKOWORTGUUWTGXCNXG
OCNHWPEVKQPKPI
*CXGXCNXGEJGEMGF
5CHGV[XCNXGQWVQHQTFGT
*CXGXCNXGTGRNCEGF
%QORTGUUQTGNGOGPVQWVQH
QTFGT
%QPUWNV#VNCU%QREQ
1KNUGRCTCVQTGNGOGPVENQIIGF
*CXGGNGOGPVTGRNCEGF
+PUVTWEVKQPOCPWCN
%QPFKVKQP
(CWNV
4GOGF[
%QORTGUUQTGNGOGPVQWVNGV
VGORGTCVWTGQTFGNKXGT[CKT
VGORGTCVWTGCDQXGPQTOCN
1KNNGXGNVQQNQY
%JGEMCPFEQTTGEV
1PCKTEQQNGFEQORTGUUQTU
%JGEMHQTEQQNKPICKT
KPUWHHKEKGPVEQQNKPICKTQT
TGUVTKEVKQPQTKORTQXG
EQQNKPICKTVGORGTCVWTGVQQJKIJ XGPVKNCVKQPQHVJG
EQORTGUUQTTQQO#XQKF
TGEKTEWNCVKPIQHEQQNKPICKT+H
KPUVCNNGFEJGEMECRCEKV[QH
EQORTGUUQTTQQOHCP
1KNEQQNGTENQIIGF
%NGCPEQQNGT
$[RCUUXCNXGOCNHWPEVKQPKPI
*CXGXCNXGVGUVGF
#KTEQQNGTENQIIGF
%NGCPEQQNGT
%QORTGUUQTGNGOGPVQWVQH
QTFGT
%QPUWNV#VNCU%QREQ
%WUVQOGT%GPVTG
+PUVTWEVKQPOCPWCN
6GEJPKECNFCVC
4GCFKPIUQPFKURNC[
&KURNC[QH'NGMVTQPKMQPTGIWNCVQT
'NGMVTQPKMQP+TGIWNCVQT
'NGMVTQPKMQP++TGIWNCVQT
+ORQTVCPV
6JGTGCFKPIUOGPVKQPGFDGNQYCTGXCNKFWPFGTVJGTGHGTGPEGEQPFKVKQPU
UGGUGEVKQP
4GHGTGPEGEQPFKVKQPUCPFNKOKVCVKQPU
4GHGTGPEG
4GCFKPI
#KTQWVNGVRTGUUWTG
/QFWNCVGUDGVYGGPRTQITCOOGFWPNQCFKPICPFNQCFKPIRTGUUWTGU
%QORTGUUQTGNGOGPV
QWVNGVVGORGTCVWTG
(QT)#WRVQ)#%CRRTQZu%
u(CDQXGEQQNKPICKT
VGORGTCVWTG
&GYRQKPV
VGORGTCVWTG
(QT)#WRVQ)#%UGGUGEVKQP%QORTGUUQTFCVCHQT)#WRVQ)#%
+PUVTWEVKQPOCPWCN
'NGEVTKEECDNGUK\G
#VVGPVKQP
.QECNTGIWNCVKQPUTGOCKPCRRNKECDNGKHVJG[CTGUVTKEVGTVJCPVJGXCNWGURTQRQUGF
DGNQY
6JGXQNVCIGFTQROWUVPQVGZEGGFQHVJGPQOKPCNXQNVCIG+VOC[DGPGEGUUCT[
VQWUGECDNGUQHCNCTIGTUK\GVJCPVJQUGUVCVGFVQEQORN[YKVJVJKUTGSWKTGOGPV
%CDNGUK\G
)#
)#
)#%
(TGSWGPE[
*\
8QNVCIG
%CDNGUK\G
%CDNGUK\G
%CDNGUK\G
+'%
5VCTFGNVC
OO
OO
OO
%5#7.
&1.
#9)
#9)
#9)
#9)
#9)
#9)
#9)
#9)
#9)
#9)
#9)
#9)
#9)
#9)
#9)
)#
)#%
)#%
5GVVKPIUHQTQXGTNQCFTGNC[CPFHWUGU
1XGTNQCFTGNC[CPFHWUGU
(TGSWGPE[ 8QNVCIG
*\
)#
)#
)#
1XGTNQCF
TGNC[(
#
/CKPHWUGU 1XGTNQCF
EQORTGUUQT TGNC[(
UWRRN[
#
/CKPHWUGU 1XGTNQCF
EQORTGUUQT TGNC[(
UWRRN[
#
#
/CKPHWUGU
EQORTGUUQT
UWRRN[
#
I.I)
I.I)
I.I)
+'%
5VCTFGNVC
+PUVTWEVKQPOCPWCN
)#
)#
)#
(TGSWGPE[ 8QNVCIG
*\
1XGTNQCF
TGNC[(
#
/CKPHWUGU 1XGTNQCF
EQORTGUUQT TGNC[(
UWRRN[
#
/CKPHWUGU 1XGTNQCF
EQORTGUUQT TGNC[(
UWRRN[
#
#
/CKPHWUGU
EQORTGUUQT
UWRRN[
#
%5#7.
&1.
%5#*4%
7.4-
)#
)#%
%5#*4%
7.4-
)#%
%5#*4%
7.4-
&T[GTUYKVEJGU
+(&
)GPGTCN
6JGTGIWNCVKPICPFUCHGV[FGXKEGUCTGHCEVQT[CFLWUVGFVQIKXGQRVKOWORGTHQTOCPEGQHVJGFT[GT
&QPQVCNVGTVJGUGVVKPIQHCP[QHVJGFGXKEGU
4GHGTGPEGEQPFKVKQPUCPFNKOKVCVKQPU
4GHGTGPEGEQPFKVKQPU
#KTKPNGVRTGUUWTG
CDUQNWVG
DCT
#KTKPNGVRTGUUWTG
CDUQNWVG
RUK
#KTKPNGVVGORGTCVWTG
u%
#KTKPNGVVGORGTCVWTG
u(
4GNCVKXGJWOKFKV[
9QTMKPIRTGUUWTGHQT)#WRVQ)#%
5GGUGEVKQP%QORTGUUQTFCVCHQT
)#WRVQ)#%
/CZKOWOYQTMKPIRTGUUWTGHQT)#WRVQ)#%
5GGUGEVKQP%QORTGUUQTFCVCHQT
)#WRVQ)#%
.KOKVU
/KPKOWOYQTMKPIRTGUUWTG
DCT
G
+PUVTWEVKQPOCPWCN
/KPKOWOYQTMKPIRTGUUWTG
RUKI
/CZKOWOCKTKPNGVVGORGTCVWTG
u%
/CZKOWOCKTKPNGVVGORGTCVWTG
u(
/KPKOWOCKTKPNGVVGORGTCVWTG
u%
/KPKOWOCKTKPNGVVGORGTCVWTG
u(
%QORTGUUQTFCVCHQT)#WRVQ)#%
4GHGTGPEGEQPFKVKQPU
#NNFCVCURGEKHKGFDGNQYCTGXCNKFCVTGHGTGPEGEQPFKVKQPUUGGUGEVKQP4GHGTGPEG
EQPFKVKQPUCPFNKOKVCVKQPU
)#
7PKVU
DCT
RUK
RUK
RUK
RUK
(TGSWGPE[
*\
/CZKOWO
WPNQCFKPI
RTGUUWTG
DCT
G
/CZKOWO
WPNQCFKPI
RTGUUWTG
RUKI
/CZKOWO
WPNQCFKPI
RTGUUWTG(WNN
(GCVWTGWPKVU
DCT
G
/CZKOWO
WPNQCFKPI
RTGUUWTG(WNN
(GCVWTGWPKVU
RUKI
0QOKPCNYQTMKPI
RTGUUWTG
DCT
G
0QOKPCNYQTMKPI
RTGUUWTG
RUKI
2TGUUWTGFTQRQXGT DCT
G
FT[GT(WNN(GCVWTG
WPKVU
2TGUUWTGFTQRQXGT RUKI
FT[GT(WNN(GCVWTG
WPKVU
/QVQTUJCHVURGGF
TOKP
5GVRQKPV
VJGTOQUYKVEJ
EWV
QWVEWVKP
u%
+PUVTWEVKQPOCPWCN
7PKVU
DCT
RUK
RUK
RUK
RUK
u(
6GORGTCVWTGQHCKT u%
NGCXKPIQWVNGVXCNXG
CRRTQZ
6GORGTCVWTGQHCKT u(
NGCXKPIQWVNGVXCNXG
CRRTQZ
6GORGTCVWTGQHCKT u%
NGCXKPIQWVNGVXCNXG
CRRTQZ(WNN
(GCVWTGWPKVU
6GORGTCVWTGQHCKT u(
NGCXKPIQWVNGVXCNXG
CRRTQZ(WNN
(GCVWTGWPKVU
2TGUUWTGFGY
RQKPV(WNN(GCVWTG
WPKVU
u%
2TGUUWTGFGY
RQKPV(WNN(GCVWTG
WPKVU
u(
2QYGTKPRWV
M9
2QYGTKPRWV
JR
2QYGTKPRWV(WNN
(GCVWTGWPKVU
M9
2QYGTKPRWV(WNN
(GCVWTGWPKVU
JR
M9
2QYGT
EQPUWORVKQP
FT[GT
CVHWNNNQCF(WNN
(GCVWTGWPKVU
2QYGT
JR
EQPUWORVKQP
FT[GT
CVHWNNNQCF(WNN
(GCVWTGWPKVU
M9
2QYGT
EQPUWORVKQP
FT[GT
CVPQNQCF(WNN
(GCVWTGWPKVU
JR
2QYGT
EQPUWORVKQP
FT[GT
CVPQNQCF(WNN
(GCVWTGWPKVU
4GHTKIGTCPVV[RG
(WNN(GCVWTGWPKVU
4C
4C
4C
4C
4C
4C
4C
4C
5GVRQKPV
VJGTOQUYKVEJ
EWV
QWVEWVKP
+PUVTWEVKQPOCPWCN
7PKVU
DCT
RUK
RUK
RUK
RUK
6QVCNCOQWPV
TGHTKIGTCPV(WNN
(GCVWTGWPKVU
MI
6QVCNCOQWPV
TGHTKIGTCPV(WNN
(GCVWTGWPKVU
ND
1KNECRCEKV[
1KNECRCEKV[
75ICN
1KNECRCEKV[
+ORICN
1KNECRCEKV[
EWHV
5QWPFRTGUUWTG
NGXGN
CEEQTFKPIVQ
+51
F$
#
7PKVU
DCT
RUK
RUK
RUK
RUK
(TGSWGPE[
*\
/CZKOWO
WPNQCFKPI
RTGUUWTG
DCT
G
/CZKOWO
WPNQCFKPI
RTGUUWTG
RUKI
/CZKOWO
WPNQCFKPI
RTGUUWTG(WNN
(GCVWTGWPKVU
DCT
G
/CZKOWO
WPNQCFKPI
RTGUUWTG(WNN
(GCVWTGWPKVU
RUKI
0QOKPCNYQTMKPI
RTGUUWTG
DCT
G
0QOKPCNYQTMKPI
RTGUUWTG
RUKI
2TGUUWTGFTQRQXGT DCT
G
FT[GT(WNN(GCVWTG
WPKVU
2TGUUWTGFTQRQXGT RUKI
FT[GT(WNN(GCVWTG
WPKVU
/QVQTUJCHVURGGF
TOKP
5GVRQKPV
VJGTOQUYKVEJ
EWV
QWVEWVKP
u%
)#
+PUVTWEVKQPOCPWCN
7PKVU
DCT
RUK
RUK
RUK
RUK
u(
6GORGTCVWTGQHCKT u%
NGCXKPIQWVNGVXCNXG
CRRTQZ
6GORGTCVWTGQHCKT u(
NGCXKPIQWVNGVXCNXG
CRRTQZ
6GORGTCVWTGQHCKT u%
NGCXKPIQWVNGVXCNXG
CRRTQZ(WNN
(GCVWTGWPKVU
6GORGTCVWTGQHCKT u(
NGCXKPIQWVNGVXCNXG
CRRTQZ(WNN
(GCVWTGWPKVU
2TGUUWTGFGY
RQKPV(WNN(GCVWTG
WPKVU
u%
2TGUUWTGFGY
RQKPV(WNN(GCVWTG
WPKVU
u(
2QYGTKPRWV
M9
2QYGTKPRWV
JR
2QYGTKPRWV(WNN
(GCVWTGWPKVU
M9
2QYGTKPRWV(WNN
(GCVWTGWPKVU
JR
M9
2QYGT
EQPUWORVKQP
FT[GT
CVHWNNNQCF(WNN
(GCVWTGWPKVU
2QYGT
JR
EQPUWORVKQP
FT[GT
CVHWNNNQCF(WNN
(GCVWTGWPKVU
M9
2QYGT
EQPUWORVKQP
FT[GT
CVPQNQCF(WNN
(GCVWTGWPKVU
JR
2QYGT
EQPUWORVKQP
FT[GT
CVPQNQCF(WNN
(GCVWTGWPKVU
4GHTKIGTCPVV[RG
(WNN(GCVWTGWPKVU
4C
4C
4C
4C
4C
4C
4C
4C
5GVRQKPV
VJGTOQUYKVEJ
EWV
QWVEWVKP
+PUVTWEVKQPOCPWCN
7PKVU
DCT
RUK
RUK
RUK
RUK
6QVCNCOQWPV
TGHTKIGTCPV(WNN
(GCVWTGWPKVU
MI
6QVCNCOQWPV
TGHTKIGTCPV(WNN
(GCVWTGWPKVU
ND
1KNECRCEKV[
1KNECRCEKV[
75ICN
1KNECRCEKV[
+ORICN
1KNECRCEKV[
EWHV
5QWPFRTGUUWTG
NGXGN
CEEQTFKPIVQ
+51
F$
#
7PKVU
DCT
RUK
RUK
RUK
RUK
(TGSWGPE[
*\
/CZKOWO
WPNQCFKPI
RTGUUWTG
DCT
G
/CZKOWO
WPNQCFKPI
RTGUUWTG
RUKI
/CZKOWO
WPNQCFKPI
RTGUUWTG(WNN
(GCVWTGWPKVU
DCT
G
/CZKOWO
WPNQCFKPI
RTGUUWTG(WNN
(GCVWTGWPKVU
RUKI
0QOKPCNYQTMKPI
RTGUUWTG
DCT
G
0QOKPCNYQTMKPI
RTGUUWTG
RUKI
2TGUUWTGFTQRQXGT DCT
G
FT[GT(WNN(GCVWTG
WPKVU
2TGUUWTGFTQRQXGT RUKI
FT[GT(WNN(GCVWTG
WPKVU
/QVQTUJCHVURGGF
TOKP
5GVRQKPV
VJGTOQUYKVEJ
EWV
QWVEWVKP
u%
)#%
+PUVTWEVKQPOCPWCN
7PKVU
DCT
RUK
RUK
RUK
RUK
u(
6GORGTCVWTGQHCKT u%
NGCXKPIQWVNGVXCNXG
CRRTQZ
6GORGTCVWTGQHCKT u(
NGCXKPIQWVNGVXCNXG
CRRTQZ
6GORGTCVWTGQHCKT u%
NGCXKPIQWVNGVXCNXG
CRRTQZ(WNN
(GCVWTGWPKVU
6GORGTCVWTGQHCKT u(
NGCXKPIQWVNGVXCNXG
CRRTQZ(WNN
(GCVWTGWPKVU
2TGUUWTGFGY
RQKPV(WNN(GCVWTG
WPKVU
u%
2TGUUWTGFGY
RQKPV(WNN(GCVWTG
WPKVU
u(
2QYGTKPRWV
M9
2QYGTKPRWV
JR
2QYGTKPRWV(WNN
(GCVWTGWPKVU
M9
2QYGTKPRWV(WNN
(GCVWTGWPKVU
JR
M9
2QYGT
EQPUWORVKQP
FT[GT
CVHWNNNQCF(WNN
(GCVWTGWPKVU
2QYGT
JR
EQPUWORVKQP
FT[GT
CVHWNNNQCF(WNN
(GCVWTGWPKVU
M9
2QYGT
EQPUWORVKQP
FT[GT
CVPQNQCF(WNN
(GCVWTGWPKVU
JR
2QYGT
EQPUWORVKQP
FT[GT
CVPQNQCF(WNN
(GCVWTGWPKVU
4GHTKIGTCPVV[RG
(WNN(GCVWTGWPKVU
4C
4C
4C
4C
4C
4C
4C
4C
5GVRQKPV
VJGTOQUYKVEJ
EWV
QWVEWVKP
+PUVTWEVKQPOCPWCN
7PKVU
DCT
RUK
RUK
RUK
RUK
6QVCNCOQWPV
TGHTKIGTCPV(WNN
(GCVWTGWPKVU
MI
6QVCNCOQWPV
TGHTKIGTCPV(WNN
(GCVWTGWPKVU
ND
1KNECRCEKV[
1KNECRCEKV[
75ICN
1KNECRCEKV[
+ORICN
1KNECRCEKV[
EWHV
5QWPFRTGUUWTG
NGXGN
CEEQTFKPIVQ
+51
F$
#
+PUVTWEVKQPOCPWCN
+PUVTWEVKQPUHQTWUGQHCKTTGEGKXGT
+PUVTWEVKQPUHQTWUG
(QT)#WRVQ)#%
6JKUXGUUGNECPEQPVCKPRTGUUWTKUGFCKTVJKUECPDGRQVGPVKCNN[FCPIGTQWUKHVJG
GSWKROGPVKUOKUWUGF
6JKUXGUUGNOWUVQPN[DGWUGFCUCEQORTGUUGFCKTQKNUGRCTCVQTCPFOWUVDGQRGTCVGF
YKVJKPVJGNKOKVUURGEKHKGFQPVJGFCVCRNCVG
0QCNVGTCVKQPUOWUVDGOCFGVQVJKUXGUUGND[YGNFKPIFTKNNKPIQTQVJGTOGEJCPKECN
OGVJQFUYKVJQWVVJGYTKVVGPRGTOKUUKQPQHVJGOCPWHCEVWTGT
6JGRTGUUWTGCPFVGORGTCVWTGQHVJKUXGUUGNOWUVDGENGCTN[KPFKECVGF
6JGUCHGV[XCNXGOWUVEQTTGURQPFYKVJRTGUUWTGUWTIGUQHVKOGUVJGOCZKOWO
CNNQYCDNGQRGTCVKPIRTGUUWTG+VUJQWNFIWCTCPVGGVJCVVJGRTGUUWTGYKNNPQV
RGTOCPGPVN[GZEGGFVJGOCZKOWOCNNQYCDNGQRGTCVKPIRTGUUWTGQHVJGXGUUGN
7UGQPN[QKNCUURGEKHKGFD[VJGOCPWHCEVWTGT
6JGTGKUPQKPVTKPUKEPGGFHQTUGTXKEGKPURGEVKQPQHVJGXGUUGNYJGPWUGFYKVJKPVJG
FGUKIPNKOKVUHQTKVUKPVGPFGFCRRNKECVKQP
(QTVCPMOQWPVGF)#WRVQ)#%WPKVUCNUQ
%QTTQUKQPOWUVDGRTGXGPVGFWPFGTVJGEQPFKVKQPUQHWUG%QPFGPUCVKQPOC[
CEEWOWNCVGKPUKFGVJGVCPMCPFVJKUOWUVDGFTCKPGFGXGT[FC[6JKUOC[DGFQPG
OCPWCNN[D[QRGPKPIVJGFTCKPXCNXGQTD[OGCPUQHVJGCWVQOCVKEFTCKPKHHKVVGFVQ
VJGVCPM
+PUVTWEVKQPOCPWCN
2'&
2TGUUWTGGSWKROGPVFKTGEVKXGU
%QORQPGPVUUWDLGEVVQ'%2TGUUWTG'SWKROGPV&KTGEVKXG
%QORQPGPVUUWDLGEVVQ'%2TGUUWTG'SWKROGPV&KTGEVKXGITGCVGTVJCPQTGSWCNVQECVGIQT[++
%QORTGUUQTV[RG
2CTVPWODGT
&GUETKRVKQP
2'&%NCUU
)#WRVQ)#%
5CHGV[XCNXG
+8
5CHGV[XCNXG
+8
5CHGV[XCNXG
+8
1XGTCNNTCVKPI
(QT)#WRVQ)#%6JGEQORTGUUQTUEQPHQTOVQ2'&UOCNNGTVJCPECVGIQT[+
Instruction Book