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Instruction Book

GA11C, GA5, GA7

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.

Date Printed .................... 18/11/2004

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&#6#/'07  



/'#574'&&#6#/'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'&&#6#/'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 

1RGTCVKPIKPUVTWEVKQPU  



$'(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 



24'8'06+8'/#+06'0#0%'5%*'&7.'  



1+.52'%+(+%#6+105  



1+.#0&1+.(+.6'4%*#0)'  



1+.5'2#4#614%*#0)'  



5614#)'#(6'4+056#..#6+10 



5'48+%'-+65  

#FLWUVOGPVUCPFUGTXKEKPIRTQEGFWTGU 



#+4(+.6'4  



%11.'45  



5#('6;8#.8'5  



2TQDNGOUQNXKPI



241$.'/51.8+0)  



6GEJPKECNFCVC  



4'#&+0)510&+52.#;  



'.'%64+%%#$.'5+<'  



5'66+0)5(1418'4.1#&4'.#;#0&(75'5  



&4;'459+6%*'5
+(&  



4'('4'0%'%10&+6+105#0&.+/+6#6+105  



%1/24'5514&#6#(14)#7261)#% 



+PUVTWEVKQPUHQTWUGQHCKTTGEGKXGT  



+05647%6+105(1475'  



2'&  



24'5574''37+2/'06&+4'%6+8'5  

+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&#0)'46JKUOCEJKPGKU
TGOQVGN[EQPVTQNNGFCPFOC[UVCTVYKVJQWVYCTPKPI
 6JGOCEJKPGUOWUVDGKPUVCNNGFKPUWEJCYC[VJCVCPCFGSWCVGHNQYQHEQQNKPICKTKUCXCKNCDNGCPF
VJCVVJGGZJCWUVGFCKTFQGUPQVTGEKTEWNCVGVQVJGEQORTGUUQTCKTKPNGVQTEQQNKPICKTKPNGV
 6JGGNGEVTKECNEQPPGEVKQPUOWUVEQTTGURQPFVQVJGNQECNEQFGU6JGOCEJKPGUOWUVDGGCTVJGFCPF
RTQVGEVGFCICKPUVUJQTVEKTEWKVUD[HWUGUKPCNNRJCUGU#NQEMCDNGRQYGTKUQNCVKPIUYKVEJOWUVDG
KPUVCNNGFPGCTVJGEQORTGUUQT
 1POCEJKPGUYKVJCWVQOCVKEUVCTVUVQRU[UVGOQTKHVJGCWVQOCVKETGUVCTVHWPEVKQPCHVGTXQNVCIG
HCKNWTGKUCEVKXCVGFCUKIPUVCVKPI6JKUOCEJKPGOC[UVCTVYKVJQWVYCTPKPIOWUVDGCHHKZGFPGCT
VJGKPUVTWOGPVRCPGN
 +POWNVKRNGEQORTGUUQTU[UVGOUOCPWCNXCNXGUOWUVDGKPUVCNNGFVQKUQNCVGGCEJEQORTGUUQT0QP
TGVWTPXCNXGU
EJGEMXCNXGU OWUVPQVDGTGNKGFWRQPHQTKUQNCVKPIRTGUUWTGU[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
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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\QPVCNCTTQYHNCUJGU CPFVJCVVJG
QWVNGVRTGUUWTGKUDCT
G 
#NYC[UEQPUWNV#VNCU%QREQKHV

#NUQEQPUWNVUGEVKQP5ETQNNKPIVJTQWIJCNNUETGGPU



QTVGUV

CRRGCTUQPVJGFKURNC[

+PUVTWEVKQPOCPWCN



5JWVFQYPYCTPKPI

&GUETKRVKQP
#UJWVFQYPYCTPKPIYKNNCRRGCTKPVJGGXGPVQH
6QQJKIJCVGORGTCVWTGCVVJGQWVNGVQHVJGEQORTGUUQTGNGOGPV
6QQJKIJCFGYRQKPVVGORGTCVWTGHQT(WNN(GCVWTGEQORTGUUQTU
%QORTGUUQTGNGOGPVQWVNGVVGORGTCVWTG

+HVJGQWVNGVVGORGTCVWTGQHVJGEQORTGUUQTGNGOGPVGZEGGFUVJGUJWVFQYPYCTPKPINGXGN
u%
u(PQVRTQITCOOCDNG CNCTO.'&
 YKNNNKIJVWRCPFVJGTGNCVGFRKEVQITCRJYKNNCRRGCT
HNCUJKPI
9CTPKPIUETGGPGNGOGPVQWVNGVVGORGTCVWTG

HNCUJKPI
DCT

2TGUUCTTQYMG[
 T


TGIKUVGT CRRGCTU

2TGUUCTTQYMG[
 VJGCEVWCNEQORTGUUQTGNGOGPVVGORGTCVWTGCRRGCTU
9CTPKPIUETGGPGNGOGPVQWVNGVVGORGTCVWTG

HNCUJKPI
u%

6JGUETGGPUJQYUVJCVVJGVGORGTCVWTGCVVJGQWVNGVQHVJGEQORTGUUQTGNGOGPVKUu%
+VTGOCKPURQUUKDNGVQUETQNNVJTQWIJQVJGTUETGGPU
WUKPIMG[UCPF VQEJGEMVJGCEVWCNUVCVWUQH
QVJGTRCTCOGVGTU
2TGUUDWVVQP
 VQUVQRVJGEQORTGUUQTCPFYCKVWPVKNVJGEQORTGUUQTJCUUVQRRGF
5YKVEJQHHVJGXQNVCIGKPURGEVVJGEQORTGUUQTCPFTGOGF[
6JGYCTPKPIOGUUCIGYKNNFKUCRRGCTCUUQQPCUVJGYCTPKPIEQPFKVKQPFKUCRRGCTU



+PUVTWEVKQPOCPWCN

&GYRQKPVVGORGTCVWTG
(QTEQORTGUUQTUYKVJKPVGITCVGFFT[GT
+HVJGFGYRQKPVVGORGTCVWTGGZEGGFUVJGUJWVFQYPYCTPKPINGXGN
RTQITCOOCDNG CNCTO.'&
 
YKNNNKIJVWRCPFVJGTGNCVGFRKEVQITCRJYKNNCRRGCTHNCUJKPI
9CTPKPIUETGGPFGYRQKPVVGORGTCVWTG

HNCUJKPI
DCT

2TGUUCTTQYMG[
 T


TGIKUVGT CRRGCTU

2TGUUCTTQYMG[
 VJGCEVWCNFGYRQKPVVGORGTCVWTGCRRGCTU
9CTPKPIUETGGPGNGOGPVQWVNGVVGORGTCVWTG

HNCUJKPI
u%

6JGUETGGPUJQYUVJCVVJGFGYRQKPVVGORGTCVWTGKUu%
+VTGOCKPURQUUKDNGVQUETQNNVJTQWIJQVJGTUETGGPU
WUKPIMG[UCPF VQEJGEMVJGCEVWCNUVCVWUQH
QVJGTRCTCOGVGTU
2TGUUDWVVQP
 VQUVQRVJGEQORTGUUQTCPFYCKVWPVKNVJGEQORTGUUQTJCUUVQRRGF
5YKVEJQHHVJGXQNVCIGKPURGEVVJGEQORTGUUQTCPFTGOGF[
6JGYCTPKPIOGUUCIGYKNNFKUCRRGCTCUUQQPCUVJGYCTPKPIEQPFKVKQPFKUCRRGCTU



5JWVFQYP

&GUETKRVKQP
6JGEQORTGUUQTYKNNDGUJWVFQYPKPECUG
6JGVGORGTCVWTGCVVJGQWVNGVQHVJGEQORTGUUQTGNGOGPVGZEGGFUVJGUJWVFQYPNGXGN
1HGTTQTQHVJGQWVNGVRTGUUWTGUGPUQT
1HQXGTNQCFQHVJGFTKXGOQVQT
1HQXGTNQCFQHVJGHCPOQVQTQPCKTEQQNGFEQORTGUUQTU



+PUVTWEVKQPOCPWCN

%QORTGUUQTGNGOGPVQWVNGVVGORGTCVWTG

+HVJGQWVNGVVGORGTCVWTGQHVJGEQORTGUUQTGNGOGPVGZEGGFUVJGUJWVFQYPNGXGN
u%u(
PQVRTQITCOOCDNG VJGEQORTGUUQTYKNNDGUJWVFQYPCNCTO.'&
 YKNNHNCUJCWVQOCVKEQRGTCVKQP
.'&
 YKNNIQQWVCPFVJGHQNNQYKPIUETGGPYKNNCRRGCT
5JWVFQYPUETGGPGNGOGPVQWVNGVVGORGTCVWTG

HNCUJKPI
2TGUUGPVGTMG[
 T


TGIKUVGT CRRGCTU

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
TGIKUVGT 2TGUUMG[
 5 
UVCPFKPIHQT5GTXKEG 
CRRGCTU 7UGMG[
 VQUETQNNVQT 
TGIKUVGT CPFRTGUUGPVGTMG[
 6JGCEVWCNTGCFKPI
QHVJGUGTXKEGVKOGTYKNNDGUJQYPKPM*TU 
JQWTUZ 
'ZCORNG

KPFKECVGUVJCVVJGEQORTGUUQTJCUTWPHQTJQWTUUKPEGRTGXKQWUUGTXKEG

2TGUUGPVGTMG[
 CPFMG[
 VQUETQNNVQT 
TGIKUVGT 2TGUUMG[
 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
CPF ECPDGWUGFVQUETQNNVJTQWIJCNNUETGGPU6JGUETGGPUCTGFKXKFGFKPVQTGIKUVGT
UETGGPU
PWODGTGFCUT T  CPFRCTCOGVGTUETGGPU
PWODGTGFCU2 
2 
&WTKPIUETQNNKPIVJGPWODGTUQHVJGUETGGPUCRRGCTEQPUGEWVKXGN[(QTOQUVUETGGPUVJGWPKVQH
OGCUWTGOGPVCPFVJGTGNCVGFRKEVQITCRJCTGUJQYPVQIGVJGTYKVJVJGUETGGPPWODGT
+PVJGGXGPVQHCYCTPKPIQTCUJWVFQYPCPGZVTCTGIKUVGTUETGGPT

KUCEEGUUKDNG

'ZCORNG

M*TU
T
6JGUETGGPUJQYUVJGUETGGPPWODGTT VJGWPKVWUGFM*TU 
JQWTUZ CPFVJGTGNCVGF
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
CPF VQUETQNNFQYPYCTFUQTWRYCTFUVJTQWIJVJGUETGGPU



+PUVTWEVKQPOCPWCN



%CNNKPIWRTWPPKPIJQWTU

%QPVTQNRCPGN

5VCTVKPIHTQOVJG/CKPUETGGP

DCT

2TGUUCTTQYMG[
 WPVKNT

KUUJQYPCPFVJGPRTGUUGPVGTMG[
 

M*TU

6JGUETGGPUJQYUVJGWPKVWUGFM*TU
VJGEQORTGUUQTCTGJQWTU




JQWTUZ CPFVJGXCNWG VJGTWPPKPIJQWTUQH

%CNNKPIWRNQCFKPIJQWTU

%QPVTQNRCPGN

5VCTVKPIHTQOVJG/CKPUETGGP

DCT




+PUVTWEVKQPOCPWCN

2TGUUCTTQYMG[
 WPVKNT

KUUJQYPCPFVJGPRTGUUGPVGTMG[
 

M*TU

6JGUETGGPUJQYUVJGWPKVWUGFM*TU
VJGEQORTGUUQTCTGJQWTU




JQWTUZ CPFVJGXCNWG

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 
JQWTUZ CPFVJGXCNWG
TWPJQWTUUKPEGVJGRTGXKQWUUGTXKEG

VJGEQORTGUUQTJCU

4GUGVVKPIVJGUGTXKEGVKOGT
#HVGTUGTXKEKPIUGGUGEVKQP5GTXKEGYCTPKPIVJGVKOGTJCUVQDGTGUGV
5ETQNNVQTGIKUVGTUETGGPT

VJGTGCFKPI
GI YKNNCRRGCT

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
CPF VQOQFKH[VJKUUGVVKPI
2TGUUGPVGTMG[
 VQRTQITCOVJGPGYXCNWGCPFVQTGVWTPVQVJGRCTCOGVGTUETGGPU



%CNNKPIWROQFKH[KPINQCFKPIRTGUUWTG

%QPVTQNRCPGN

5VCTVKPIHTQOVJG/CKPUETGGP

DCT

2TGUUCTTQYMG[
 WPVKN2

KUUJQYPCPFVJGPRTGUUGPVGTMG[
 

DCT

6JGUETGGPUJQYUVJGUGVVKPIQHVJGNQCFKPIRTGUUWTGDCT
G
7UGCTTQYMG[U
CPF VQOQFKH[VJKUUGVVKPI



+PUVTWEVKQPOCPWCN

2TGUUGPVGTMG[
 VQRTQITCOVJGPGYXCNWGCPFVQTGVWTPVQVJGRCTCOGVGTUETGGPU



%CNNKPIWROQFKH[KPIFGYRQKPVYCTPKPIVGORGTCVWTG

%QPVTQNRCPGN

5VCTVKPIHTQOVJG/CKPUETGGP

DCT

2TGUUCTTQYMG[
 WPVKN2

KUUJQYPCPFVJGPRTGUUGPVGTMG[
 

u%


6JGUETGGPUJQYUVJGYCTPKPIUGVVKPIHQTVJGFGYRQKPVVGORGTCVWTGu%
7UGCTTQYMG[U
CPF VQOQFKH[VJKUUGVVKPI
2TGUUGPVGTMG[
 VQRTQITCOVJGPGYXCNWGCPFVQTGVWTPVQVJGRCTCOGVGTUETGGPU



%CNNKPIWROQFKH[KPIUGTXKEGVKOGTUGVVKPI

%QPVTQNRCPGN

5VCTVKPIHTQOVJG/CKPUETGGP



+PUVTWEVKQPOCPWCN

DCT

2TGUUCTTQYMG[
 WPVKN2 KUUJQYPCPFVJGPRTGUUGPVGTMG[
 VJGUGVVKPIQHVJGUGTXKEG
VKOGTKUUJQYPKPM*TU 
JQWTUZ 'ZCORNG OGCPUVJGVKOGTKUUGVCV
TWPPKPIJQWTU
7UGCTTQYMG[U
CPF VQOQFKH[VJKUUGVVKPI
2TGUUGPVGTMG[
 VQRTQITCOVJGPGYXCNWGCPFVQTGVWTPVQVJGRCTCOGVGTUETGGPU



%CNNKPIWROQFKH[KPIWPKVQHRTGUUWTG

%QPVTQNRCPGN

5VCTVKPIHTQOVJG/CKPUETGGP

DCT

2TGUUCTTQYMG[
 WPVKN2 KUUJQYPCPFVJGPRTGUUGPVGTMG[
 VJGRQUUKDNGUGVVKPIUCTG
UJQYP/RC RUK CPFDCT VJGCEVWCNN[WUGFWPKVKUHNCUJKPI
7UGCTTQYMG[U
CPF VQUGNGEVCPQVJGTWPKVQHRTGUUWTG
2TGUUGPVGTMG[
 VQRTQITCOVJGPGYWPKVQHRTGUUWTGCPFTGVWTPVQVJGRCTCOGVGTUETGGPU



+PUVTWEVKQPOCPWCN



%CNNKPIWROQFKH[KPIWPKVQHVGORGTCVWTG

%QPVTQNRCPGN

5VCTVKPIHTQOVJG/CKPUETGGP

DCT

2TGUUCTTQYMG[
 WPVKN2 KUUJQYPCPFVJGPRTGUUGPVGTMG[
 VJGRQUUKDNGUGVVKPIUCTG
UJQYPu% CPFu( VJGCEVWCNN[WUGFWPKVKUHNCUJKPI
7UGCTTQYMG[U
CPF VQUGNGEVCPQVJGTWPKVQHVGORGTCVWTG
2TGUUGPVGTMG[
 VQRTQITCOVJGPGYWPKVQHVGORGTCVWTGCPFTGVWTPVQVJGRCTCOGVGTUETGGPU



5GNGEVKQPDGVYGGP;&QT&1.UVCTVKPI

%QPVTQNRCPGN

5VCTVKPIHTQOVJG/CKPUETGGP

DCT

2TGUUCTTQYMG[
 WPVKN2 KUUJQYPCPFVJGPRTGUUGPVGTMG[
 6JGCEVWCNN[WUGFUVCTVKPI
OQFGKUHNCUJKPI HQT;&
UVCTFGNVC QT HQT&1.
FKTGEVQPNKPG 
7UGCTTQYMG[U
CPF VQUGNGEVCPQVJGTUVCTVKPIOQFG



+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
CPF VQUGNGEVCPQVJGTOQFG
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
JCXGCPCWVQOCVKETGUVCTV ECPDGUGVDGVYGGPCPFUGEQPFUQTVQ+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
5 VQUVQRVJGEQORTGUUQTKOOGFKCVGN[

$GHQTGUVCTVKPICP[OCKPVGPCPEGQTTGRCKTUYCKVWPVKNVJGEQORTGUUQTJCUUVQRRGFCPF
QRGPVJGKUQNCVKPIUYKVEJ
EWUVQOGT UKPUVCNNCVKQP VQUYKVEJQHHVJGXQNVCIGVQVJG
EQORTGUUQT
%NQUGVJGCKTQWVNGVXCNXGCPFQRGPVJGOCPWCNEQPFGPUCVGFTCKPXCNXGUVQFGRTGUUWTKUG
VJGCKTU[UVGO
#RRN[CNNTGNGXCPV5CHGV[RTGECWVKQPU



+PUVTWEVKQPOCPWCN



%QPVTQNRTQITCOU

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6QOQFKH[VJGJQWTKPVGTXCNUHQTVJGUGTXKEGNGXGNU
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ECTTKGFQWV

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5GTXKEGCEVKQPUCEEQTFKPIVQ

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 WPVKN/QFKH[RCTCOUKUHQNNQYGFD[CJQTK\QPVCNCTTQY
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 WPVKN5GTXKEGRNCPKUHQNNQYGFD[CJQTK\QPVCNCTTQY
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 CUETGGPUKOKNCTVQVJGQPGDGNQYYKNNCRRGCT
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6JGUETGGPUJQYUVJGCEVWCNTWPPKPIJQWTU
2TGUUVJGVCDWNCVQTMG[
 CUETGGPUKOKNCTVQVJGQPGDGNQYYKNNCRRGCT



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2TGUUVJG/QFMG[
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7UGVJGCTTQYWRCPFCTTQYFQYPMG[UVQOQFKH[VJGKPVGTXCN
2TGUUVJG2TQIMG[
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6QRTQITCO
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6KOGDCUGFEJCPIGQXGTEQOOCPFUHQTVJGPGVRTGUUWTGDCPF
2TQITCOOKPIUVCTVUVQRCPFRTGUUWTGDCPFEQOOCPFU
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1P/QPFC[CVUVCTVKPIKPRTGUUWTGDCPF
1P(TKFC[CVEJCPIKPIQXGTVQRTGUUWTGDCPF
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 WPVKN/QFKH[RCTCOUKUHQNNQYGFD[CJQTK\QPVCNCTTQY
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 VQUETQNNWPVKNVJGQRVKQP%NQEMHWPEVKQPKUHQNNQYGFD[CJQTK\QPVCN
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 VJGHQNNQYKPIUETGGPCRRGCTU
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 VJGHQNNQYKPIUETGGPCRRGCTU
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 VJGHQNNQYKPIUETGGPCRRGCTU












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 VQGPVGT2TGUU
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2TGUUVJGMG[2TQIVQRTQITCOVJGEQOOCPF5VCTV%QORTGUUQT
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 VJGJQTK\QPVCNCTTQYKPFKECVGUVJCVVJGUGEQPFNKPGKUCEEGUUKDNG2TGUU
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6JWTUFC[
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2TQITCOOKPIVJGEQOOCPFVQEJCPIGQXGTCVQENQEMVQ2TGUUWTG$CPFKUECTTKGFQWVKPCUKOKNCT
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2TGUUVJGMG[/GPW
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6JGVKOGTECPQPN[DGCEVKXCVGFKHCVNGCUVQPGUVCTVUVQREQOOCPFKURTQITCOOGF
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7UGVJGCTTQYFQYPMG[WPVKNVJGQRVKQP%NQEM(WPEVKQPKUHQNNQYGFD[CJQTK\QPVCNCTTQYRTGUUVJG
VCDWNCVQTMG[
 VJGHQNNQYKPIUETGGPCRRGCTU
%NQEM(WPEVKQP
0QVCEVKXCVGF

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(

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2TGUUVJGMG[/QF0QV#EVKXCVGFUVCTVUHNCUJKPI
2TGUUVJGCTTQYFQYPMG[
 0QV#EVKXCVGFEJCPIGUVQ#EVKXCVGF
2TGUUVJGMG[2TQI
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2TQITCOVJGEQOOCPFUHTQO/QPFC[VKNN5WPFC[GI
5VCTV%QORTGUUQT
2TGUUWTG$CPF
2TGUUWTG$CPF
5VQR%QORTGUUQT
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#EVKXCVGF +HPQVVJGRTQITCOOGF
UVCTVUVQREQOOCPFUYKNNPQVDGGZGEWVGF
6JGVKOGTECPDGFGCEVKXCVGFCICKP+PVJKUECUGVJGRTQITCOOGFUVCTVUVQREQOOCPFU
YKNNPQVDGGZGEWVGF
DWVTGOCKPKPVJGOGOQT[QHVJGTGIWNCVQT 
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5WRRQUGVJGEQOOCPFVQUVQRVJGEQORTGUUQTQP5CVWTFC[KUVQDGOQFKHKGFKGUVQRRKPICV
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 WPVKNVJG
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 VQUETQNNWPVKNVJGQRVKQP%NQEM(WPEVKQPKUHQNNQYGFD[CJQTK\QPVCN
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%NQEM(WPEVKQP
0QVCEVKXCVGF

/GPW

/QF

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(

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2TGUUVJGVCDWNCVQTMG[
 VJGHQNNQYKPIUETGGPCRRGCTU



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6WGUFC[
9GFPGUFC[
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(

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
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#EVKXCVGVJGOGPWD[RTGUUKPIVJGVCDWNCVQTMG[
 
7UGVJGCTTQYFQYPMG[
 VQUETQNNWPVKNVJGQRVKQP%NQEM(WPEVKQPKUHQNNQYGFD[CJQTK\QPVCN
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%NQEM(WPEVKQP
0QVCEVKXCVGF

/GPW

/QF

&GN

(

(

(

5WRRQUGVJGEQOOCPFVQUVQRVJGEQORTGUUQTCVOWUVDGCFFGFVQVJGNKUVQH/QPFC[
2TGUUVJGVCDWNCVQTMG[
 VJGHQNNQYKPIUETGGPCRRGCTU
/QPFC[
6WGUFC[
9GFPGUFC[
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&GN
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5ETQNNVJTQWIJVJGFKURNC[WPVKN/QPFC[KUHQNNQYGFD[CJQTK\QPVCNCTTQY2TGUUVJGVCDWNCVQTMG[

 5ETQNNVJTQWIJVJGEQORTGUUQTUVCTVUVQRRTGUUWTGDCPFEQOOCPFUWPVKNVJGHKTUVGORV[
EQOOCPFNKPGKUKPFKECVGFD[VJGJQTK\QPVCNCTTQY
2TGUUVJGMG[/QFVJGHKTUVVYQFKIKVUUVCTVHNCUJKPI'PVGT%QORTGUUQT5VQRWUKPIVJG
UETQNNMG[U
 VQOQFKH[CHKGNFCPFVJGVCDWNCVQTMG[
 VQLWORHTQOQPGHKGNFVQCPQVJGT
2TGUUVJGMG[2TQIVQRTQITCOVJGPGYEQOOCPFQTVJGMG[%CPEVQSWKVYKVJQWVTGRTQITCOOKPI



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#FFKPICEQOOCPFDGVYGGPVYQGZKUVKPIEQOOCPFU
5WRRQUGVJGEQOOCPF2TGUUWTG$CPFOWUVDGCFFGFVQVJGHQNNQYKPINKUV
5VCTV%QORTGUUQT
2TGUUWTG$CPF
5VQR%QORTGUUQT
6JGTGIWNCVQTFQGUPQVCNNQYVJGGPVGTKPIQHCPGYEQOOCPFYJKEJVKOGYKUGKUUKVWCVGFDGHQTGVJGNCUV
EQOOCPFKPVJGNKUV
5ETQNNVJTQWIJVJGFKURNC[WPVKNVJGEQOOCPFDGHQTGYJKEJVJGPGYEQOOCPFOWUVDGGPVGTGFKU
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/QF
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2TGUUVJGCTTQYFQYPMG[CPFCFFVJGNCUVEQOOCPFQHVJGNKUV
KPVJGGZCORNGCDQXG5VQR
%QORTGUUQTCPFRTGUUVJGMG[2TQI
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5VCTVKPIHTQOVJG/CKPUETGGPRTGUUVJGMG[/GPW
( RTGUUVJGCTTQYFQYPMG[WPVKNVJGQRVKQP
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7UGVJGUETQNNMG[U
 VQUETQNNWPVKNVJGQRVKQP%NQEM(WPEVKQPKUHQNNQYGFD[CJQTK\QPVCNCTTQY
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%NQEM(WPEVKQP
0QVCEVKXCVGF

/GPW

/QF

&GN

(

(

(

&GNGVKPICNNEQOOCPFU
2TGUUVJGMG[&GNKPVJGUETGGPCDQXG#SWGUVKQPVQEQPHKTOVJGFGNGVKPIQRGTCVKQPYKNNCRRGCT
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5ETQNNVJTQWIJVJGFKURNC[WPVKNVJGFGUKTGFFC[KUHQNNQYGFD[CJQTK\QPVCNCTTQY2TGUUVJGMG[&GN
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5ETQNNVJTQWIJVJGFKURNC[WPVKNVJGEQOOCPFVQDGFGNGVGFKUHQNNQYGFD[CJQTK\QPVCNCTTQY2TGUU
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6QOQFKH[CPWODGTQHRCTCOGVGTU%QPUWNVVJGOGPWHNQYKPUGEVKQP%QPVTQNRTQITCOU
2TQEGFWTG
5VCTVKPIHTQOVJG/CKPUETGGP
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 WPVKN/QFKH[RCTCOUKUHQNNQYGFD[CPCTTQYRQKPVKPIVQVJGTKIJV
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 VQUETQNNWPVKN%QPHKIWTCVKQPKUHQNNQYGFD[CJQTK\QPVCNCTTQY
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 VJGHKTUVKVGO6KOGYKNNCRRGCT+HCPQVJGTQRVKQPKU
FGUKTGFUETQNNVJTQWIJVJGFKURNC[WPVKNVJGQRVKQPKUHQNNQYGFD[CJQTK\QPVCNCTTQY5GNGEVVJGQRVKQP
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 WPVKN5GTXKEGKUHQNNQYGFD[CJQTK\QPVCNCTTQY



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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
QRVKQPCN 6JGHKNVGTVTCRUUQNKFRCTVKENGUFQYPVQOKETQPYKVJ
COCZQKNECTT[QXGTQHOIO#JKIJGHHKEKGPE[HKNVGTV[RG2&
QRVKQPCN OC[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
: 
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: QHVGTOKPCNUVTKR
:



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4GHGTGPEG

&GUKIPCVKQP

8*\

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#KTEQQNGTHCPOQVQTEQWPVGTENQEMYKUGTQVCVKQP

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#NNQVJGTXQNVCIGU



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)#WRVQ)#%

2KEVQITCRJU)#WRVQ)#%



4GHGTGPEG

&GUKIPCVKQP

/CPWCNEQPFGPUCVGFTCKP

#WVQOCVKEEQPFGPUCVGFTCKP

9CTPKPIXQNVCIG

9CTPKPIUYKVEJQHHVJGXQNVCIGCPFFGRTGUUWTKUGEQORTGUUQTDGHQTGTGRCKTKPI

9CTPKPIDGHQTGEQPPGEVKPIEQORTGUUQTGNGEVTKECNN[EQPUWNV+PUVTWEVKQPDQQMHQT
OQVQTTQVCVKQPFKTGEVKQP

6QTSWGUHQTUVGGN
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%QPUWNVKPUVTWEVKQPDQQMDGHQTGITGCUKPI

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CRRTQZJCNHCVWTP

+PUVTWEVKQPOCPWCN

1RGTCVKPIKPUVTWEVKQPU



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5CHGV[
6JGQRGTCVQTOWUVCRRN[CNNTGNGXCPVUCHGV[RTGECWVKQPUKPENWFKPIVJQUGOGPVKQPGFKP
VJKUDQQM

1WVFQQTCNVKVWFGQRGTCVKQP
+HVJGEQORTGUUQTKUKPUVCNNGFQWVFQQTUQTKHVJGCKTKPNGVVGORGTCVWTGECPDGDGNQYu%u(
RTGECWVKQPUOWUVDGVCMGP+PVJKUECUGCPFCNUQKHQRGTCVKPICDQXGO
HV EQPUWNV#VNCU
%QREQ
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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
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UJWVFQYPEQPFKVKQP
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DGHQTGEQPPGEVKPIGZVGTPCNGSWKROGPV%QPUWNV#VNCU%QREQ
%QORTGUUQTEQPVTQNOQFGUQPEQORTGUUQTUGSWKRRGFYKVJCP'NGMVTQPKMQP++TGIWNCVQT
*CXGVJGOQFKHKECVKQPUEJGEMGFD[#VNCU%QREQ5VQRVJGEQORTGUUQTCPFUYKVEJQHH
VJGXQNVCIGDGHQTGEQPPGEVKPIGZVGTPCNGSWKROGPV1PN[XQNVCIGHTGGEQPVCEVUCTG
CNNQYGF



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%QPUWNVUGEVKQP2TQITCOOKPIEQORTGUUQTEQPVTQNOQFGUKHKVKUFGUKTGFVQUYKVEJVQCPQVJGTEQPVTQN
OQFG
6JGHQNNQYKPIEQPVTQNOQFGUECPDGUGNGEVGF
.QECNEQPVTQN6JGEQORTGUUQTYKNNTGCEVVQEQOOCPFUGPVGTGFD[VJGDWVVQPUQPVJGEQPVTQNRCPGN
%QORTGUUQTUVCTVUVQREQOOCPFUXKC%NQEMHWPEVKQPCTGCEVKXGKHRTQITCOOGF
4GOQVGEQPVTQN6JGEQORTGUUQTYKNNTGCEVVQEQOOCPFUHTQOGZVGTPCNUYKVEJGU'OGTIGPE[UVQR
TGOCKPUCEVKXG%QORTGUUQTUVCTVUVQREQOOCPFUXKC%NQEMHWPEVKQPCTGUVKNNRQUUKDNG
(QTTGOQVGUVCTVKPICPFUVQRRKPIQP)#WRVQ)#%
%QPPGEVCUVCTVRTQITCOOGFUVQRDWVVQPDGVYGGPVGTOKPCNUCPFQHVGTOKPCNUVTKR
: 
5GGUGEVKQP'NGEVTKECNU[UVGOVQNQECVGVJGVGTOKPCNUVTKR
$TKFIGVGTOKPCNUCPFQHVGTOKPCNUVTKR
: +PVJKUOQFGVJGQWVNGVRTGUUWTGKUUVKNNUGPUGF
D[RTGUUWTGVTCPUFWEGT
26 TGUWNVKPIKPNQCFKPICPFWPNQCFKPIQHVJGEQORTGUUQTCVVJG
RTGUUWTGURTQITCOOGFKPVJGGNGEVTQPKETGIWNCVQT+HVGTOKPCNUCPFQHVGTOKPCNUVTKR
: 
CTGPQVDTKFIGFVJGEQORTGUUQTKUUYKVEJGFQWVQHCWVQOCVKENQCFWPNQCFQRGTCVKQPCPFTGOCKPU
TWPPKPIWPNQCFGF5GGUGEVKQP'NGEVTKECNU[UVGOVQNQECVGVJGVGTOKPCNUVTKR
(QTTGOQVGNQCFKPIWPNQCFKPI
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$TKFIGVGTOKPCNUCPFQHVGTOKPCNUVTKR
: CPFEQPPGEVCNQCFWPNQCFUYKVEJDGVYGGP
VGTOKPCNUCPFQHVGTOKPCNUVTKR
: 6JKUTGUWNVUKPNQCFKPICPFWPNQCFKPIQHVJG
EQORTGUUQTCVVJGENQUKPICPFQRGPKPIRTGUUWTGUQHVJGGZVGTPCNRTGUUWTGUYKVEJTGURGEVKXGN[
.#0EQPVTQN6JGEQORTGUUQTKUEQPVTQNNGFXKCCNQECNPGVYQTM%QPUWNV#VNCU%QREQ



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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
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(KVVJGCKTQWVNGVXCNXG
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%NQUGVJGXCNXG
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6JGFTCKPRKRGUVQVJGFTCKPEQNNGEVQTOWUVPQVFKRKPVQVJGYCVGT+HVJGRKRGUJCXGDGGPHKVVGF
QWVUKFGVJGTQQOYJGTGHTGG\KPIKURQUUKDNGVJG[OWUVDGKPUWNCVGF(QTFTCKPKPIQHRWTG
EQPFGPUCVGYCVGTKPUVCNNCPQKNYCVGTUGRCTCVQTYJKEJKUCXCKNCDNGHTQO#VNCU%QREQCUCP
QRVKQP5GGUGEVKQP15&WPKV

%JGEMVJGQKNNGXGN
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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
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1PEQORTGUUQTUGSWKRRGFYKVJCP'NGMVTQPKMQP+TGIWNCVQTEJGEMVJGUGVVKPIUUGGUGEVKQP
5GVVKPIU
1PEQORTGUUQTUGSWKRRGFYKVJCP'NGMVTQPKMQP++TGIWNCVQTEJGEMVJGRTQITCOOGFUGVVKPIU
%QPUWNVUGEVKQP2TQITCOOCDNGUGVVKPIU

5VCTVCPFTWPVJGEQORTGUUQTHQTCHGYOKPWVGU%JGEMVJCVVJGEQORTGUUQTQRGTCVGUPQTOCNN[



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2TQEGFWTG




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%QPVTQNRCPGNQH'NGMVTQPKMQP+

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 NKIJVUWR

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2TQEGFWTG

%QPVTQNRCPGN'NGMVTQPKMQP+

%QPVTQNRCPGN'NGMVTQPKMQP++



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(% 
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 KUNKVVJGTGIWNCVQTKUCWVQOCVKECNN[EQPVTQNNKPIVJGEQORTGUUQTKG
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+HRTQXKFGFTGIWNCTN[EJGEMVJCVEQPFGPUCVGKUFKUEJCTIGFFWTKPIQRGTCVKQP5GGUGEVKQP%QPFGPUCVG
U[UVGOCPFKPECUGQHCP15&CNUQEJGEMVJGNGXGNKPVJGQKNEQNNGEVQTUGGUGEVKQP15&/CKPVGPCPEG
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 TGIWNCTN[VJG
EQORTGUUQTUVCVWUKUKPFKECVGFD[RKEVQITCRJUUGGUGEVKQP2KEVQITCRJUWUGFQPVJGUETGGP4GOGF[VJG
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 KUNKVQTHNCUJGUUGGUGEVKQPU5GTXKEGYCTPKPI5JWVFQYPYCTPKPICPF5JWV
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 TGIWNCTN[HQTTGCFKPIU
CPFOGUUCIGU0QTOCNN[VJGFKURNC[UJQYUVJGEQORTGUUQTQWVNGVRTGUUWTGVJGUVCVWUQHVJG
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NGXGNHQTCOQPKVQTGFEQORQPGPVJCUDGGPGZEGGFGF%CTT[QWVVJGUGTXKEGCEVKQPUQHVJGKPFKECVGFRNCPU
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5VQRRKPI

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2TQEGFWTG
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2TGUUUVQRDWVVQP
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 IQGUQWVCPFVJGEQORTGUUQT
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 #NCTO.'&HNCUJGU
 
1PEQORTGUUQTUYKVJ'NGMVTQPKMQP+CHVGTTGOGF[KPIVJGHCWNVWPNQEMVJGDWVVQPD[
RWNNKPIKVQWVCPFRTGUUVJGTGUGVMG[
 DGHQTGTGUVCTVKPI
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RWNNKPIKVQWVCPFRTGUU4UGVMG[
 DGHQTGTGUVCTVKPI

%NQUGVJGCKTQWVNGVXCNXG
#8 UGGUGEVKQP+PVTQFWEVKQP

1RGPVJGEQPFGPUCVGFTCKPXCNXG
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2TQEGFWTG



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5VQRVJGEQORTGUUQTCPFENQUGVJGCKTQWVNGVXCNXG

5YKVEJQHHVJGXQNVCIGCPFFKUEQPPGEVVJGEQORTGUUQTHTQOVJGOCKPU

&GRTGUUWTKUGVJGEQORTGUUQTD[QRGPKPIRNWI
(% %QPUWNVUGEVKQP1KNCPFQKNHKNVGT
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1RGPVJGEQPFGPUCVGFTCKPXCNXG
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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
JQWTU 6JGTGIWNCVQTJCUCRTQITCOOCDNGUGTXKEGVKOGT#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%
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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
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8F %NQUG
VJGXCNXGCPFHKVVJGRNWICHVGTFTCKPKPI

%QNNGEVVJGQKNKPCEQNNGEVQTCPFFGNKXGTKVVQVJGNQECNEQNNGEVKQPUGTXKEG4GHKVCPFVKIJVGPVJG
FTCKPCPFXGPVRNWIUCHVGTFTCKPKPI



+PUVTWEVKQPOCPWCN

4GOQXGVJGQKNHKNVGT
1( %NGCPVJGUGCVQPVJGOCPKHQNF1KNVJGICUMGVQHVJGPGYHKNVGTCPF
UETGYKVKPVQRNCEG6KIJVGPHKTON[D[JCPF



4GOQXGHKNNGTRNWI
(% 
1P)#WRVQ)#%HKNNVJGQKNVCPM
16 YKVJQKNWPVKNVJGNGXGNTGCEJGUVJGOKFFNGQHUKIJV
INCUU
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6CMGECTGVJCVPQFKTVFTQRUKPVQVJGU[UVGO4GHKVCPFVKIJVGPHKNNGTRNWI
(% 



4WPVJGEQORTGUUQTNQCFGFHQTCHGYOKPWVGU5VQRVJGEQORTGUUQTCPFYCKVCHGYOKPWVGU
VQCNNQYVJGQKNVQUGVVNG



&GRTGUUWTKUGVJGU[UVGOD[WPUETGYKPIHKNNGTRNWI
(% LWUVQPGVWTPVQRGTOKVCP[RTGUUWTGKP
VJGU[UVGOVQGUECRG4GOQXGVJGRNWI
1P)#WRVQ)#%HKNNVJGQKNVCPMYKVJQKNWPVKNVJGUKIJVINCUU
)N KUHWNN
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
16 YKVJQKNWPVKNVJGNGXGNTGCEJGUVJGOKFFNGQHUKIJVINCUU
)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
58 ECPDGVGUVGFQPCUGRCTCVGCKTNKPG+HVJGXCNXGFQGUPQVQRGPCVVJGUGVRTGUUWTGUVCORGF
QPVJGXCNXGEQPUWNV#VNCU%QREQ
8CNXG
58 KUHKVVGFQPVCPMOQWPVGFXGTUKQPU6JGXCNXGECPDGVGUVGFQPCUGRCTCVGCKTNKPG+HVJG
XCNXGFQGUPQVQRGPCVVJGUGVRTGUUWTGUVCORGFQPVJGXCNXGEQPUWNV#VNCU%QREQ
9CTPKPI
0QCFLWUVOGPVUCTGCNNQYGF0GXGTTWPVJGEQORTGUUQTYKVJQWVUCHGV[XCNXG



+PUVTWEVKQPOCPWCN



2TQDNGOUQNXKPI



2TQDNGOUQNXKPI

9CTPKPI
$GHQTGECTT[KPIQWVCP[OCKPVGPCPEGTGRCKTYQTMQTCFLWUVOGPVRTGUUVJGUVQR
DWVVQPYCKVWPVKNVJGEQORTGUUQTJCUUVQRRGF
CRRTQZUGEQPFU RTGUUVJG
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

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GA11C, GA5, GA7

Instruction Book

What sets Atlas Copco apart as a company is our


conviction that we can only excel in what we do if we
provide the best possible know-how and technology to
really help our customers produce, grow and succeed.
There is a unique way of achieving that - we simply call it
the Atlas Copco way. It builds on interaction, on
long-term relationships and involvement in the customers
process, needs and objectives. It means having the
flexibility to adapt to the diverse demands of the people
we cater for.
Its the commitment to our customers business that
drives our effort towards increasing their productivity
through better solutions. It starts with fully supporting
existing products and continuously doing things better, but
it goes much further, creating advances in technology
through innovation. Not for the sake of technology, but
for the sake of our customers bottom line and
peace-of-mind.
That is how Atlas Copco will strive to remain the first
choice, to succeed in attracting new business and to
maintain our position as the industry leader.

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