Women From Mars Men From Venus

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LS[IZIV

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8LMW MRJSVQEXMSR EFSYX

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EXXIQTXMRK XS HIJMRI XLIWI

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% HIJMRMXMZI KYMHI [EW RIIHIH JSV YRHIVWXERHMRK LS[

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;LIR ]SY I\TPEMR SYV HMJJIVIRGIW

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EJXIV EPP [I

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8LMW MW E GSQTPI\ UYIWXMSR XS [LMGL XLIVI EVI QER]

VERKMRK

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HMJJIVIRGIW

TEVIRXEP

MRJPYIRGI

IHYGEXMSR ERH FMVXL SVHIV XS GYPXYVEP GSRHMXMSRMRK F] WSGMIX] XLI QIHME ERH LMWXSV]

8LIWI MWWYIW EVI I\TPSVIH MR KVIEX HITXL MR Q] FSSO 1IR

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XLIR IZIR EJXIV ]IEVW SJ XLIVET] SV

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'LETXIV

3YV

1IR %VI JVSQ 1EVW ;SQIR %VI JVSQ :IRYW -QEKMRI XLEX QIR EVI JVSQ 1EVW ERH [SQIR EVI JVSQ :IRYW 3RI HE] PSRK EKS XLI 1EVXMERW PSSOMRK XLVSYKL XLIMV XIPIWGSTIW HMWGSZIVIH XLI :IRYWMERW .YWX KPMQTWMRK XLI :IRYWMERW E[EOIRIH JIIPMRKW XLI] LEH RIZIV ORS[R 8LI] JIPP MR PSZI ERH UYMGOP] MRZIRXIH WTEGI XVEZIP ERH JPI[ XS :IRYW 8LI :IRYWMERW [IPGSQIH XLI 1EVXMERW [MXL STIR EVQW

8LI] LEH

MRXYMXMZIP] ORS[R XLEX XLMW HE] [SYPH GSQI 8LIMV LIEVXW STIRIH [MHI XS E PSZI XLI] LEH RIZIV JIPX FIJSVI 8LI PSZI FIX[IIR XLI :IRYWMERW ERH 1EVXMERW [EW QEKMGEP

8LI]

HIPMKLXIH MR FIMRK XSKIXLIV HSMRK XLMRKW XSKIXLIV ERH WLEVMRK XSKIXLIV 8LSYKL JVSQ HMJJIVIRX [SVPHW

XLI] VIZIPIH MR

XSSO

TPIEWYVI

XLIMV

HMJJIVIRGIW 8LI] WTIRX QSRXLW PIEVRMRK EFSYX IEGL SXLIV I\TPSVMRK ERH ETTVIGMEXMRK XLIMV HMJJIVIRX RIIHW TVIJIVIRGIW ERH FILEZMSV TEXXIVRW *SV ]IEVW XLI] PMZIH XSKIXLIV MR PSZI ERH LEVQSR] 8LIR XLI] HIGMHIH XS JP] XS )EVXL

-R XLI FIKMRRMRK IZIV]XLMRK [EW

[SRHIVJYP ERH FIEYXMJYP &YX XLI IJJIGXW SJ )EVXL W EXQSWTLIVI XSSO LSPH ERH SRI QSVRMRK IZIV]SRI [SOI YT [MXL E TIGYPMEV OMRH SJ EQRIWME

„„„

WIPIGXMZI EQRIWME &SXL XLI 1EVXMERW ERH :IRYWMERW JSVKSX XLEX XLI] [IVI JVSQ HMJJIVIRX TPERIXW ERH [IVI WYTTSWIH XS FI HMJJIVIRX -R SRI QSVRMRK IZIV]XLMRK XLI] LEH PIEVRIH EFSYX XLIMV HMJJIVIRGIW [EW IVEWIH JVSQ XLIMV QIQSV] %RH WMRGI XLEX HE] QIR ERH [SQIR LEZI FIIR MR GSRJPMGX

6)1)1&)6-2+ 396 (-**)6)2')7 ;MXLSYX XLI E[EVIRIWW XLEX [I EVI WYTTSWIH XS FI HMJJIVIRX QIR ERH [SQIR EVI EX SHHW [MXL IEGL SXLIV

;I YWYEPP] FIGSQI ERKV] SV

JVYWXVEXIH [MXL XLI STTSWMXI WI\ FIGEYWI [I LEZI JSVKSXXIR XLMW MQTSVXERX XVYXL ;I I\TIGX XLI STTSWMXI WI\ XS FI QSVI PMOI SYVWIPZIW ;I HIWMVI XLIQ XS [ERX [LEX [I [ERX ERH JIIP XLI [E] [I JIIP ;I QMWXEOIRP] EWWYQI XLEX MJ SYV TEVXRIVW PSZI YW XLI] [MPP VIEGX ERH FILEZI MR GIVXEMR [E]W

XLI [E]W [I VIEGX ERH FILEZI [LIR [I PSZI

WSQISRI 8LMW EXXMXYHI WIXW YW YT XS FI HMWETTSMRXIH EKEMR ERH EKEMR ERH MX TVIZIRXW YW JVSQ XEOMRK XLI RIGIWWEV] XMQI XS GSQQYRMGEXI PSZMRKP] EFSYX SYV HMJJIVIRGIW 1IR QMWXEOIRP] I\TIGX [SQIR XS XLMRO GSQQYRMGEXI ERH VIEGX XLI [E] QIR HS

[SQIR QMWXEOIRP] I\TIGX QIR XS JIIP

GSQQYRMGEXI

ERH

VIWTSRH XLI [E] [SQIR HS ;I LEZI JSVKSXXIR XLEX QIR ERH [SQIR EVI WYTTSWIH XS FI HMJJIVIRX %W E VIWYPX SYV VIPEXMSRWLMTW EVI JMPPIH [MXL YRRIGIWWEV] JVMGXMSR

EFVEWMSR HMWGSVH

ERH GSRJPMGX

'PIEVP] VIGSKRM^MRK ERH VIWTIGXMRK XLIWI HMJJIVIRGIW HVEQEXMGEPP] VIHYGI GSRJYWMSR [LIR HIEPMRK [MXL XLI STTSWMXI WI\ ;LIR ]SY VIQIQFIV XLEX QIR EVI JVSQ 1EVW ERH [SQIR EVI JVSQ :IRYW IZIV]XLMRK GER FI I\TPEMRIH %2 3:)6:-); 3* 396 (-**)6)2')7

8LVSYKLSYX XLMW FSSO - [MPP HMWGYWW MR KVIEX HIXEMP SYV HMJJIVIRGIW )EGL GLETXIV [MPP FVMRK ]SY RI[ ERH GVYGMEP MRWMKLXW ,IVI EVI XLI QENSV HMJJIVIRGIW XLEX [I [MPP I\TPSVI -R GLETXIV

[I [MPP I\TPSVI LS[ QIR W ERH [SQIR W ZEPYIW EVI

MRLIVIRXP] HMJJIVIRX ERH XV] XS YRHIVWXERH XLI X[S FMKKIWX QMWXEOIW [I QEOI MR VIPEXMRK XS XLI STTSWMXI WI\ QIR QMWXEOIRP] SJJIV WSPYXMSRW ERH MRZEPMHEXI JIIPMRKW [LMPI [SQIR SJJIV YRWSPMGMXIH EHZMGI ERH HMVIGXMSR 8LVSYKL YRHIVWXERHMRK SYV 1EVXMER :IRYWMER FEGOKVSYRH MX FIGSQIW SFZMSYW [L] QIR ERH [SQIR YRORS[MRKP] QEOI XLIWI QMWXEOIW &] VIQIQFIVMRK XLIWI HMJJIVIRGIW [I GER GSVVIGX SYV QMWXEOIW ERH MQQIHMEXIP] VIWTSRH XS IEGL SXLIV MR QSVI TVSHYGXMZI [E]W -R GLETXIV

[I PP HMWGSZIV XLI HMJJIVIRX [E]W QIR ERH [SQIR GSTI [MXL

WXVIWW ;LMPI 1EVXMERW XIRH XS TYPP E[E] ERH WMPIRXP] XLMRO EFSYX [LEX W FSXLIVMRK XLIQ :IRYWMERW JIIP ER MRWXMRGXMZI RIIH XS XEPO EFSYX [LEX W FSXLIVMRK XLIQ =SY [MPP PIEVR RI[ WXVEXIKMIW JSV KIXXMRK [LEX ]SY [ERX EX XLIWI GSRJPMGXMRK XMQIW ;I [MPP I\TPSVI LS[ XS QSXMZEXI XLI STTSWMXI WI\ MR GLETXIV

1IR EVI

QSXMZEXIH [LIR XLI] JIIP RIIHIH [LMPI [SQIR EVI QSXMZEXIH [LIR XLI] JIIP GLIVMWLIH ;I [MPP HMWGYWW XLI XLVII WXITW JSV MQTVSZMRK VIPEXMSRWLMTW ERH I\TPSVI LS[ XS SZIVGSQI SYV KVIEXIWX GLEPPIRKIW QIR RIIH XS SZIVGSQI XLIMV VIWMWXERGI XS KMZMRK PSZI [LMPI [SQIR QYWX SZIVGSQI XLIMV VIWMWXERGI XS VIGIMZMRK MX -R GLETXIV

]SY PP PIEVR LS[ QIR ERH [SQIR GSQQSRP] QMWYRHIVWXERH

IEGL SXLIV FIGEYWI XLI] WTIEO HMJJIVIRX PERKYEKIW % 1EVXMER :IRYWMER 4LVEWI (MGXMSREV] MW TVSZMHIH XS XVERWPEXI GSQQSRP] QMWYRHIVWXSSH

I\TVIWWMSRW =SY [MPP PIEVR LS[ QIR ERH [SQIR WTIEO ERH IZIR WXST WTIEOMRK JSV IRXMVIP] HMJJIVIRX VIEWSRW ;SQIR [MPP PIEVR [LEX XS HS [LIR E QER WXSTW XEPOMRK ERH QIR [MPP PIEVR LS[ XS PMWXIR FIXXIV [MXLSYX FIGSQMRK JVYWXVEXIH -R GLETXIV

]SY [MPP HMWGSZIV LS[ QIR ERH [SQIR LEZI HMJJIVIRX RIIHW

JSV MRXMQEG] % QER KIXW GPSWI FYX XLIR MRIZMXEFP] RIIHW XS TYPP E[E] ;SQIR [MPP PIEVR LS[ XS WYTTSVX XLMW TYPPMRK E[E] TVSGIWW WS LI [MPP WTVMRK FEGO XS LIV PMOI E VYFFIV FERH ;SQIR EPWS [MPP PIEVR XLI FIWX XMQIW JSV LEZMRK MRXMQEXI GSRZIVWEXMSRW [MXL E QER ;I [MPP I\TPSVI MR GLETXIV

LS[ E [SQER W PSZMRK EXXMXYHIW VMWI ERH JEPP

VL]XLQMGEPP] MR E [EZI QSXMSR 1IR [MPP PIEVR LS[ GSVVIGXP] XS MRXIVTVIX XLIWI WSQIXMQIW WYHHIR WLMJXW SJ JIIPMRK 1IR EPWS [MPP PIEVR XS VIGSKRM^I [LIR XLI] EVI RIIHIH XLI QSWX ERH LS[ XS FI WOMPPJYPP] WYTTSVXMZI EX XLSWI XMQIW [MXLSYX LEZMRK XS QEOI WEGVMJMGIW -R GLETXIV

]SY PP HMWGSZIV LS[ QIR ERH [SQIR KMZI XLI OMRH SJ PSZI

XLI] RIIH ERH RSX [LEX XLI STTSWMXI WI\ RIIHW 1IR TVMQEVMP] RIIH E OMRH SJ PSZI XLEX MW XVYWXMRK EGGITXMRK ERH ETTVIGMEXMZI ;SQIR TVMQEVMP] RIIH E OMRH SJ PSZI XLEX MW GEVMRK YRHIVWXERHMRK ERH VIWTIGXJYP =SY [MPP HMWGSZIV XLI WM\ QSWX GSQQSR [E]W ]SY QE] YRORS[MRKP] FI XYVRMRK SJJ ]SYV TEVXRIV -R GLETXIV

[I [MPP I\TPSVI LS[ XS EZSMH TEMRJYP EVKYQIRXW 1IR [MPP

PIEVR XLEX F] EGXMRK EW MJ XLI] EVI EP[E]W VMKLX XLI] QE] MRZEPMHEXI E [SQER W JIIPMRKW

;SQIR [MPP PIEVR LS[ XLI] YRORS[MRKP] WIRH

QIWWEKIW SJ HMWETTVSZEP MRWXIEH SJ HMWEKVIIQIRX XLYW MKRMXMRK E QER W

HIJIRWIW 8LI EREXSQ]

„„„ „„

SJ ER EVKYQIRX [MPP FI I\TPSVIH EPSRK [MXL

QER] TVEGXMGEP WYKKIWXMSRW JSV IWXEFPMWLMRK WYTTSVXMZI GSQQYRMGEXMSR 'LETXIV

[MPP WLS[ LS[ QIR ERH [SQIR OIIT WGSVI

IZIRXW SV EGXMSRW

OIIT E VIGSVH SJ TEWX

HMJJIVIRXP] 1IR [MPP PIEVR XLEX JSV :IRYWMERW IZIV] KMJX SJ

PSZI WGSVIW IUYEPP] [MXL IZIV] SXLIV KMJX VIKEVHPIWW SJ WM^I -RWXIEH SJ JSGYWMRK SR SRI FMK KMJX QIR EVI VIQMRHIH XLEX XLI PMXXPI I\TVIWWMSRW SJ PSZI EVI NYWX EW MQTSVXERX

[E]W XS WGSVI TSMRXW [MXL [SQIR EVI

PMWXIH ;SQIR LS[IZIV [MPP PIEVR XS VIHMVIGX XLIMV IRIVKMIW MRXS [E]W XLEX WGSVI FMK [MXL QIR F] KMZMRK QIR [LEX XLI] [ERX -R GLETXIV

]SY PP PIEVR [E]W XS GSQQYRMGEXI [MXL IEGL SXLIV HYVMRK

HMJJMGYPX XMQIW 8LI HMJJIVIRX [E]W QIR ERH [SQIR LMHI JIIPMRKW EVI HMWGYWWIH EPSRK [MXL XLI MQTSVXERGI SJ WLEVMRK JIIPMRKW 8LI 0SZI 0IXXIV 8IGLRMUYI MW VIGSQQIRHIH JSV I\TVIWWMRK RIKEXMZI JIIPMRKW XS ]SYV TEVXRIV

EW E [E] SJ JMRHMRK KVIEXIV PSZI ERH JSVKMZIRIWW

=SY [MPP

YRHIVWXERH [L] :IRYWMERW LEZI E QSVI HMJJMGYPX XMQI %WOMRK JSV WYTTSVX MR GLETXIV

EW [IPP EW [L] 1EVXMERW GSQQSRP] VIWMWX

VIUYIWXW =SY [MPP PIEVR LS[ XLI TLVEWIW GSYPH ]SY ERH GER ]SY XYVR SJJ QIR ERH [LEX XS WE] MRWXIEH

=SY [MPP PIEVR XLI WIGVIXW JSV

IRGSYVEKMRK E QER XS KMZI QSVI ERH HMWGSZIV MR ZEVMSYW [E]W XLI TS[IV SJ FIMRK FVMIJ HMVIGX ERH YWMRK XLI GSVVIGX [SVHMRK -R GLETXIV

]SY PP HMWGSZIV XLI JSYV WIEWSRW SJ PSZI 8LMW VIEPMWXMG

TIVWTIGXMZI SJ LS[ PSZI GLERKIW ERH KVS[W [MPP EWWMWX ]SY MR SZIVGSQMRK XLI MRIZMXEFPI SFWXEGPIW XLEX IQIVKI MR ER] VIPEXMSRWLMT =SY [MPP PIEVR LS[ ]SYV TEWX SV ]SYV TEVXRIV W TEWX GER EJJIGX ]SYV VIPEXMSRWLMT MR XLI

TVIWIRX ERH HMWGSZIV SXLIV MQTSVXERX MRWMKLXW JSV OIITMRK XLI QEKMG SJ PSZI EPMZI -R IEGL GLETXIV SJ 1IR %VI JVSQ 1EVW ;SQIR %VI JVSQ :IRYW ]SY [MPP HMWGSZIV RI[ WIGVIXW JSV GVIEXMRK PSZMRK ERH PEWXMRK VIPEXMSRWLMTW )EGL RI[ HMWGSZIV] [MPP MRGVIEWI ]SYV EFMPMX] XS LEZI JYPJMPPMRK

KVEXMJ]

WEXMWJ]

VIPEXMSRWLMTW +33( -28)28-327 %6) 238 )239+, *EPPMRK MR PSZI MW EP[E]W QEKMGEP -X JIIPW IXIVREP EW MJ PSZI [MPP PEWX JSVIZIV

;I REMZIP] FIPMIZI XLEX WSQILS[ [I EVI I\IQTX JVSQ XLI

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

8S ERW[IV XLIWI UYIWXMSRW SYV KVIEXIWX QMRHW LEZI HIZIPSTIH FVMPPMERX ERH GSQTPI\ TLMPSWSTLMGEP ERH TW]GLSPSKMGEP QSHIPW =IX WXMPP XLI SPH TEXXIVRW VIXYVR 0SZI HMIW -X LETTIRW XS EPQSWX IZIV]SRI )EGL HE] QMPPMSRW SJ MRHMZMHYEPW EVI WIEVGLMRK JSV E TEVXRIV XS I\TIVMIRGI XLEX WTIGMEP PSZMRK JIIPMRK )EGL ]IEV QMPPMSRW SJ GSYTPIW NSMR XSKIXLIV MR PSZI ERH XLIR TEMRJYPP] WITEVEXI FIGEYWI XLI] LEZI PSWX XLEX PSZMRK JIIPMRK *VSQ XLSWI [LS EVI EFPI XS WYWXEMR PSZI PSRK IRSYKL XS KIX QEVVMIH SRP] TSWWMFP] ERSXLIV

TIVGIRX WXE] QEVVMIH 3YX SJ XLSWI [LS WXE] XSKIXLIV TIVGIRX EVI RSX JYPJMPPIH 8LI] WXE] XSKIXLIV SYX SJ

PS]EPX] ERH SFPMKEXMSR SV JVSQ XLI JIEV SJ WXEVXMRK SZIV :IV] JI[ TISTPI MRHIIH EVI EFPI XS KVS[ MR PSZI =IX MX HSIW LETTIR ;LIR QIR ERH [SQIR EVI EFPI XS VIWTIGX ERH EGGITX XLIMV HMJJIVIRGIW XLIR PSZI LEW E GLERGI XS FPSWWSQ 8LVSYKL YRHIVWXERHMRK XLI LMHHIR HMJJIVIRGIW SJ XLI STTSWMXI WI\ [I GER QSVI WYGGIWWJYPP] KMZI ERH VIGIMZI XLI PSZI XLEX MW MR SYV LIEVXW &] ZEPMHEXMRK ERH EGGITXMRK SYV HMJJIVIRGIW

GVIEXMZI WSPYXMSRW GER FI

HMWGSZIVIH [LIVIF] [I GER WYGGIIH MR KIXXMRK [LEX [I [ERX %RH QSVI MQTSVXERX [I GER PIEVR LS[ XS FIWX PSZI ERH WYTTSVX XLI TISTPI [I GEVI EFSYX 0SZI MW QEKMGEP ERH MX GER PEWX MJ [I VIQIQFIV SYV HMJJIVIRGIW

'LETXIV

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

FYX LI XLMROW WLI [ERXW WSPYXMSRW

8LI QSWX JVIUYIRXP] I\TVIWWIH GSQTPEMRX QIR LEZI EFSYX [SQIR MW XLEX [SQIR EVI EP[E]W XV]MRK XS GLERKI XLIQ ;LIR E [SQER PSZIW E QER WLI JIIPW VIWTSRWMFPI XS EWWMWX LMQ MR KVS[MRK ERH XVMIW XS LIPT LMQ MQTVSZI XLI [E] LI HSIW XLMRKW

7LI JSVQW E LSQI -QTVSZIQIRX

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

1EVXMERW ZEPYI TS[IV GSQTIXIRG] IJJMGMIRG] ERH EGLMIZIQIRX 8LI] EVI EP[E]W HSMRK XLMRKW XS TVSZI XLIQWIPZIW ERH HIZIPST XLIMV TS[IV ERH WOMPPW 8LIMV WIRWI SJ WIPJ MW HIJMRIH XLVSYKL XLIMV EFMPMX] XS EGLMIZI VIWYPXW 8LI]

I\TIVMIRGI

JYPJMPPQIRX

TVMQEVMP]

XLVSYKL

WYGGIWW

ERH

EGGSQTPMWLQIRX )ZIV]XLMRK SR 1EVW MW E VIJPIGXMSR SJ XLIWI ZEPYIW )ZIR XLIMV HVIWW MW HIWMKRIH XS VIJPIGX XLIMV WOMPPW ERH GSQTIXIRGI 4SPMGI SJJMGIVW WSPHMIVW FYWMRIWWQIR

WGMIRXMWXW

GEF HVMZIVW

XIGLRMGMERW

ERH GLIJW EPP [IEV

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

;L]

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3R XLI SXLIV LERH [LIR WLI JIIPW GEVIH JSV ERH

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XLVSYKL LMW XIPIWGSTI E ZMWMSR LI HIWGVMFIH EW E[IWSQI FIEYX] ERH KVEGI ,I LEH HMWGSZIVIH XLI :IRYWMERW ,MW FSH] PMX SR JMVI %W LI [EXGLIH XLI :IRYWMERW JSV XLI JMVWX XMQI MR LMW PMJI LI FIKER XS GEVI EFSYX WSQISRI SXLIV XLER LMQWIPJ *VSQ NYWX SRI KPMQTWI LMW PMJI LEH RI[ QIERMRK ,MW HITVIWWMSR PMJXIH 1EVXMERW LEZI E [MR PSWI TLMPSWSTL] P [ERX XS [MR ERH - HSR X GEVI MJ ]SY PSWI %W PSRK EW IEGL 1EVXMER XSSO GEVI SJ LMQWIPJ XLMW JSVQYPE [SVOIH JMRI -X [SVOIH JSV GIRXYVMIW FYX RS[ MX RIIHIH XS FI GLERKIH +MZMRK TVMQEVMP] XS XLIQWIPZIW [EW RS PSRKIV EW WEXMWJ]MRK &IMRK MR PSZI XLI] [ERXIH XLI :IRYWMERW XS [MR EW QYGL EW XLIQWIPZIW -R QSWX WTSVXW XSHE] [I GER WII ER I\XIRWMSR SJ XLMW 1EVXMER GSQTIXMXMZI GSHI *SV I\EQTPI MR XIRRMW - RSX SRP] [ERX XS [MR FYX EPWS XV] XS QEOI Q] JVMIRH PSWI F] QEOMRK MX HMJJMGYPX JSV LMQ XS VIXYVR Q] WLSXW - IRNS] [MRRMRK IZIR XLSYKL Q] JVMIRH PSWIW 1SWX SJ XLIWI 1EVXMER EXXMXYHIW LEZI E TPEGI MR PMJI FYX XLMW [MR PSWI EXXMXYHI FIGSQIW LEVQJYP MR SYV EHYPX VIPEXMSRWLMTW -J - WIIO XS JYPJMPP Q] S[R RIIHW EX XLI I\TIRWI SJ Q] TEVXRIV [I EVI WYVI XS I\TIVMIRGI YRLETTMRIWW VIWIRXQIRX ERH GSRJPMGX 8LI WIGVIX SJ JSVQMRK E WYGGIWWJYP VIPEXMSRWLMT MW JSV FSXL TEVXRIVW XS [MR (MJJIVIRGIW %XXVEGX %JXIV XLI JMVWX 1EVXMER JIPP MR PSZI LI FIKER QERYJEGXYVMRK XIPIWGSTIW JSV EPP LMW FVSXLIV 1EVXMERW

:IV] UYMGOP] XLI] EPP GEQI SYX SJ XLIMV

HITVIWWMSRW 8LI] XSS FIKER XS JIIP PSZI JSV XLI :IRYWMERW 8LI] WXEVXIH XS GEVI EFSYX XLI :IRYWMERW EW QYGL EW XLIQWIPZIW 8LI WXVERKI ERH FIEYXMJYP :IRYWMERW [IVI E Q]WXIVMSYW EXXVEGXMSR XS XLI 1EVXMERW 8LIMV HMJJIVIRGIW IWTIGMEPP] EXXVEGXIH XLI 1EVXMERW ;LIVI XLI 1EVXMERW [IVI LEVH XLI :IRYWMERW [IVI WSJX ;LIVI XLI 1EVXMERW [IVI ERKYPEV XLI :IRYWMERW [IVI VSYRH ;LIVI XLI 1EVXMERW [IVI GSSP XLI :IRYWMERW [IVI [EVQ -R E QEKMGEP ERH TIVJIGX [E] XLIMV HMJJIVIRGIW WIIQIH XS GSQTPIQIRX IEGL SXLIV -R ER YRWTSOIR PERKYEKI XLI :IRYWMERW GSQQYRMGEXIH PSYH ERH GPIEV

;I RIIH ]SY =SYV TS[IV ERH WXVIRKXL GER FVMRK YW KVIEX JYPPJMPP

JMPPMRK E ZSMH HIIT [MXLMR SYV FIMRK 8SKIXLIV [I GSYPH JMZI Q KVIEX LETTMRIWW

8LMW MRZMXEXMSR QSXMZEXIH ERH IQTS[IVIH XLI 1EVXMERW

1ER] [SQIR MRWXMRGXMZIP] YRHIVWXERH LS[ XS KMZI XLMW QIWWEKI MR XLI FIKMRRMRK SJ E VIPEXMSRWLMT E [SQER KMZIW E QER E FVMIJ PSSO XLEX WE]W ]SY GSYPH LI XLI SRI XS QEOI QI LETT] -R XLMW WYFXPI [E] WLI EGXYEPP] MRMXMEXIW XLIMV VIPEXMSRWLMT 8LMW PSSO IRGSYVEKIW LMQ XS GSQI GPSWIV -X IQTS[IVW

LMQ

XS

SZIVGSQI

LMW

JIEVW

SJ

LEZMRK

E

VIPEXMSRWLMT

9RJSVXYREXIP] SRGI XLI] EVI MR E VIPEXMSRWLMT ERH EW XLI TVSFPIQW FIKMR XS IQIVKI WLI HSIWR X ORS[ LS[ MQTSVXERX XLEX QIWWEKI WXMPP MW XS LMQ ERH RIKPIGXW XS WIRH MX 8LI 1EVXMERW [IVI ZIV] QSXMZEXIH F] XLI TSWWMFMPMX] SJ QEOMRK E HMJJIVIRGI SR :IRYW 8LI 1EVXMER VEGI [EW QSZMRK XS E RI[ PIZIP SJ IZSPYXMSR 8LI] [IVI RS PSRKIV WEXMWJMIH F] NYWX TVSZMRK XLIQWIPZIW ERH HIZIPSTMRK XLIMV TS[IV 8LI] [ERXIH XS YWI XLIMV TS[IV ERH WOMPPW MR XLI

WIVZMGI SJ SXLIVW IWTIGMEPP] MR XLI WIVZMGI SJ XLI :IRYWMERW 8LI] [IVI FIKMRRMRK XS HIZIPST E RI[ TLMPSWSTL]

E [MR [MR TLMPSWSTL]

8LI]

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

+MZIR XLI

STTSVXYRMX] XS TVSZI LMW TSXIRXMEP LI I\TVIWWIW LMW FIWX WIPJ 3RP] [LIR LI JIIPW LI GERRSX WYGGIIH HSIW LI VIKVIWW FEGO XS LMW SPH WIPJMWL [E]W ;LIR E QER MW MR PSZI LI FIKMRW XS GEVI EFSYX ERSXLIV EW QYGL EW LMQWIPJ ,I MW WYHHIRP] VIPIEWIH JVSQ XLI FMRHMRK GLEMRW SJ FIMRK QSXMZEXIH JSV LMQWIPJ EPSRI ERH FIGSQIW JVII XS KMZI XS ERSXLIV RSX JSV TIVWSREP KEMR FYX SYX SJ GEVMRK ,I I\TIVMIRGIW LMW TEVXRIV W JYPJMPPQIRX EW MJ MX [IVI LMW S[R ,I GER IEWMP] IRHYVI ER] LEVHWLMT XS QEOI LIV LETT] FIGEYWI LIV LETTMRIWW QEOIW LMQ LETT] ,MW WXVYKKPIW FIGSQI IEWMIV ,I MW IRIVKM^IH [MXL E LMKLIV TYVTSWI -R LMW ]SYXL LI GER FI WEXMWJMIH F] WIVZMRK LMQWIPJ EPSRI FYX EW LI QEXYVIW WIPJ KVEXMJMGEXMSR MW RS PSRKIV EW WEXMWJ]MRK

8S I\TIVMIRGI

JYPJMPPQIRX LI QYWX FIKMR XS PMZI LMW PMJI QSXMZEXIH F] PSZI &IMRK MRWTMVIH

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

MX MW LEVH JSV LMQ XS GSRXMRYI GEVMRK EFSYX LMW JMJI ERH

VIPEXMSRWLMTW -X MW HMJJMGYPX XS FI QSXMZEXIH [LIR LI MW RSX RIIHIH

8S FIGSQI QSXMZEXIH EKEMR LI RIIHW XS JIIP ETTVIGMEXIH

XVYWXIH ERH EGGITXIH 2SX XS FI RIIHIH MW E WPS[ HIEXL JSV E QER ;,)2 % ;31%2 03:)7 % 1%2 % [SQER JEPPMRK MR PSZI [MXL E QER MW WMQMPEV XS [LEX XSSO TPEGI [LIR XLI JMVWX :IRYWMER FIPMIZIH XLEX XLI 1EVXMERW [IVI GSQMRK 7LI HVIEQIH XLEX

E JPIIX SJ WTEGIWLMTW JVSQ XLI LIEZIRW [SYPH PERH ERH E VEGI SJ WXVSRK ERH GEVMRK 1EVXMERW [SYPH IQIVKI

8LIWI FIMRKW [SYPH RSX RIIH

RYVXYVMRK FYX MRWXIEH [ERXIH XS TVSZMHI JSV ERH XEOI GEVI SJ XLI :IRYWMERW 8LIWI 1EVXMERW [IVI ZIV] HIZSXIH ERH [IVI MRWTMVIH F] XLI :IRYWMER FIEYX] ERH GYPXYVI GSQTIXIRGI [IVI

8LI 1EVXMERW VIGSKRM^IH XLEX XLIMV TS[IV ERH QIERMRKPIWW

[MXLSYX

WSQISRI

XS

WIVZI

8LIWI

[SRHVSYW ERH EHQMVEFPI FIMRKW LEH JSYRH VIPMIJ ERH MRWTMVEXMSR MR XLI TVSQMWI SJ WIVZMRK TPIEWMRK ERH JYPJMPPMRK XLI :IRYWMERW ;LEX E QMVEGPI 3XLIV :IRYWMERW LEH WMQMPEV HVIEQW ERH MRWXERXP] GEQI SYX SJ XLIMV HITVIWWMSRW 8LI VIEPM^EXMSR XLEX XVERWJSVQIH XLI :IRYWMERW [EW XLI FIPMIJ XLEX LIPT [EW SR XLI [E] FIGEYWI XLI 1EVXMERW [IVI GSQMRK 8LI :IRYWMERW LEH FIIR HITVIWWIH FIGEYWI XLI] JIPX MWSPEXIH ERH EPSRI 8S GSQI SYX SJ HITVIWWMSR XLI] RIIHIH XS JIIP XLEX PSZMRK LIPT [EW SR XLI [E] 1SWX QIR LEZI PMXXPI E[EVIRIWW SJ LS[ MQTSVXERX MX MW XS E [SQER XS JIIP WYTTSVXIH F] WSQISRI [LS GEVIW ;SQIR EVI LETT] [LIR XLI] FIPMIZI XLIMV RIIHW [MPP FI QIX ;LIR E [SQER MW YTWIX SZIV[LIPQIH GSRJYWIH I\LEYWXIH SV LSTIPIWW [LEX WLI RIIHW QSWX MW WMQTPI GSQTERMSRWLMT 7LI RIIHW XS JIIP WLI MW RSX EPSRI 7LI RIIHW XS JIIP PSZIH ERH GLIVMWLIH )QTEXL] YRHIVWXERHMRK ZEPMHEXMSR ERH GSQTEWWMSR KS E PSRK [E] XS EWWMWX LIV MR FIGSQMRK QSVI VIGITXMZI ERH ETTVIGMEXMZI SJ LMW WYTTSVX 1IR HSR X VIEPM^I XLMW FIGEYWI XLIMV 1EVXMER MRWXMRGXW XIPP XLIQ MX W FIWX XS FI EPSRI [LIR XLI] EVI YTWIX ;LIR WLI MW YTWIX SYX SJ VIWTIGX LI [MPP

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

7MQMPEVP] QER] [SQIR XSHE] EVI EPWS XMVIH SJ KMZMRK 8LI] [ERX XMQI SJJ 8MQI XS I\TPSVI FIMRK XLIQWIPZIW 8MQI XS GEVI EFSYX XLIQWIPZIW JMVWX 8LI] [ERX WSQISRI XS TVSZMHI IQSXMSREP WYTTSVX WSQISRI XLI] HSR X LEZI XS XEOI GEVI SJ 8LI 1EVXMERW JMX XLI FMPP TIVJIGXP] %X XLMW TSMRX XLI 1EVXMERW [IVI PIEVRMRK XS KMZI [LMPI XLI :IRYWMERW [IVI RS[ VIEH] XS PIEVR LS[ XS VIGIMZI %JXIV GIRXYVMIW XLI :IRYWMERW ERH 1EVXMERW LEH VIEGLIH ER MQTSVXERX WXEKI MR XLIMV IZSPYXMSR

8LI :IRYWMERW RIIHIH XS PIEVR LS[ XS VIGIMZI [LMPI XLI

1EVXMERW RIIHIH XS PIEVR LS[ XS KMZI 8LMW WEQI GLERKI GSQQSRP] XEOIW TPEGI -R QIR ERH [SQIR EW XLI] QEXYVI -R LIV ]SYRKIV ]IEVW E [SQER MW QYGL QSVI [MPPMRK XS WEGVMJMGI ERH QSPH LIVWIPJ XS JYPJMPP LIV TEVXRIV W RIIHW -R E QER W ]SYRKIV ]IEVW LI MW QYGL QSVI WIPJ EFWSVFIH ERH YRE[EVI SJ XLI RIIHW SJ SXLIVW %W E [SQER QEXYVIW WLI VIEPM^IW LS[ WLI QE] LEZI FIIR KMZMRK YT LIVWIPJ MR SVHIV XS TPIEWI LIV TEVXRIV %W E QER QEXYVIW LI VIEPM^IW LS[ LI GER FIX XIV WIVZI ERH VIWTIGX SXLIVW %W E QER QEXYVIW LI EPWS PIEVRW XLEX LI QE] FI KMZMRK YT LMQWIPJ FYX LMW QENSV GLERKI MW FIGSQMRK QSVI E[EVI SJ LS[ LI GER WYGGIIH MR KMZMRK 0MOI[MWI EW E [SQER QEXYVIW WLI EPWS PIEVRW RI[ WXVEXIKMIW JSV KMZMRK FYX LIV QENSV GLERKI XIRHW XS FI PIEVRMRK XS WIX PMQMXW MR SVHIV XS VIGIMZI [LEX WLI [ERXW +MZMRK 94 &PEQI

;LIR E [SQER VIEPM^IW WLI LEW FIIR KMZMRK XSS QYGL WLI XIRHW XS FPEQI LIV TEVXRIV JSV XLIMV YRLETTMRIWW 7LI JIIPW XLI MRNYWXMGI SJ KMZMRK QSVI XLER WLI LEW VIGIMZIH %PXLSYKL WLI LEW RSX VIGIMZIH [LEX WLI HIWIVZIH

XS MQTVSZI LIV

VIPEXMSRWLMTW WLI RIIHW XS VIGSKRM^I LS[ WLI GSRXVMFYXIH XS XLI TVSFPIQ ;LIR E [SQER KMZIW XSS QYGL WLI WLSYPH RSX FPEQI LIV TEVXRIV 7MQMPEVP] E QER [LS KMZIW PIWW WLSYPH RSX FPEQI LMW TEVXRIV JSV FIMRK RIKEXMZI SV YRVIGITXMZI XS LMQ -R FSXL GEWIW FPEQMRK HSIW RSX [SVO 9RHIVWXERHMRK

XVYWX

GSQTEWWMSR

EGGITXERGI

ERH WYTTSVX EVI XLI

WSPYXMSR RSX FPEQMRK SYV TEVXRIVW ;LIR XLMW WMXYEXMSR SGGYVW MRWXIEH SJ FPEQMRK LMW JIQEPI TEVXRIV JSV FIMRK VIWIRXJYP

E QER GER FI

GSVRTEWWMSREXI ERH SJJIV LMW WYTTSVX IZIR MJ WLI HSIWR X EWO JSV -X PMWXIR XS

LIV IZIR MJ EX JMVWX MX WSYRHW PMOI FPEQI ERH LIPT LIV XS XVYWX ERH STIR YT XS LMQ F] HSMRK PMXXPI XLMRKW JSV LIV XS WLS[ XLEX LI GEVIW -RWXIEH SJ FPEQMRK E QER JSV KMZMRK PIWW E [SQER GER EGGITX ERH JSVKMZI LIV TEVXRIV W MQTIVJIGXMSRW IWTIGMEPP] [LIR LI HMWETTSMRXW LIV XVYWX XLEX LI [ERXW XS KMZI QSVI [LIR PMI HSIWR X SJJIV LMW WYTTSVX ERH IRGSYVEKI LMQ XS KMZI QSVI F] ETTVIGMEXMRK [LEX LI HSIW KMZI ERH GSRXMRYMRK XS EWO JSV LMW WYTTSVX 7)88-2+ %2( 6)74)'8-2+ 0-1-87

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

WLI

RIIHIH XS FI LIEVH ERH JIIP XLEX .MQ ZEPMHEXIH LIV JIIPMRKW XLMW [EW XLI

JMVWX WXIT %JXIV 7YWER JIPX YRHIVWXSSH XLI] [IVI EFPI XS TVSGIIH XS XLI RI\X WXIT 7XIT 8LI

WIGSRH

WXIT

[EW

XEOMRK

6IWTSRWMFMPMX] VIWTSRWMFMPMX]

.MQ

RIIHIH

XS

XEOI

VIWTSRWMFMPMX] JSV RSX WYTTSVXMRK LMW [MJI [LMPI 7YWER RIIHIH XS XEOI VIWTSRWMFMPMX] JSV RSX WIXXMRK FSYRHEVMIW .MQ ETSPSKM^IH JSV XLI [E]W LI LEH LYVX LIV

7YWER VIEPM^IH XLEX NYWX EW LI LEH WXITTIH SZIV LIV

FSYRHEVMIW F] XVIEXMRK LIV MR HMWVIWTIGXJYP [E]W KVYQFPMRK VIWMWXMRK VIUYIWXW ERH MRZEPMHEXMRK JIIPMRKW LIV FSYRHEVMIW

WYGL EW ]IPPMRK WLI LEH RSX WIX

%PXLSYKL WLI HMH RSX RIIH XS ETSPSKM^I

WLI HMH

EGORS[PIHKI WSQI VIWTSRWMFMPMX] JSV XLIMV TVSFPIQW %W WLI KVEHYEPP] EGGITXIH XLEX LIV MREFMPMX] XS WIX PMQMXW ERH LIV XIRHIRG] XS KMZI QSVI LEH GSRXVMFYXIH XS XLIMV TVSFPIQW WLI [EW EFPI XS FI QSVI JSVKMZMRK 8EOMRK VIWTSRWMFMPMX] JSV LIV TVSFPIQ [EW IWWIRXMEP XS VIPIEWMRK LIV VIWIRXQIRX -R XLMW [E] XLI] FSXL [IVI QSXMZEXIH XS PIEVR RI[ [E]W SJ WYTTSVXMRK IEGL SXLIV XLVSYKL VIWTIGXMRK PMQMXW 7XIT

4VEGXMGI

.MQ TEVXMGYPEVP] RIIHIH XS PIEVR LS[ XS VIWTIGX LIV FSYRHEVMIW [LMPI 7YWER RIIHIH XS PIEVR LS[ XS WIX XLIQ &SXL SJ XLIQ RIIHIH XS PIEVR LS[ XS I\TVIWW LSRIWX JIIPMRKW MR E VIWTIGXJYP [E] 8LI] EKVIIH MR XLMW XLMVH WXIT XS TVEGXMGI WIXXMRK ERH VIWTIGXMRK PMQMXW ORS[MRK XLEX EX XMQIW XLI] [SYPH QEOI QMWXEOIW &IMRK EFPI XS QEOI QMWXEOIW KEZI XLIQ E WEJIX] RIX [LMPI XLI] FSXL TVEGXMGIH 8LIWI EVI WSQI I\EQTPIW SJ [LEX XLI] PIEVRIH ERH TVEGXMGIH

7YWER TVEGXMGIH WE]MRK - HSR X PMOI XLI [E] ]SY EVI XEPOMRK 4PIEWI WXST ]IPPMRK SV - [MPP PIEZI XLI VSSQ HMHR X RIIH XS HS MX ER]QSVI

%JXIV PIEZMRK XLI VSSQ E JI[ XMQIW WLI ;LIR .MQ [SYPH QEOI VIUYIWXW XLEX WLI

[SYPH PEXIV VIWIRX HSMRK WLI TVEGXMGIH WE]MRK 2S - RIIH XS VIPE\ SV 2S - Q XSS FYW] XSHE]

7LI HMWGSZIVIH XLEX LI [EW QSVI EXXIRXMZI XS

LIV FIGEYWI LI YRHIVWXSSH LS[ FYW] SV XMVIH WLI [EW

7YWER XSPH .MQ XLEX WLI [ERXIH

XS KS SR E ZEGEXMSR ERH [LIR LI WEMH LI [EW XSS FYW] WLI WEMH XLEX WLI [SYPH KS EPSRI 7YHHIRP] LI WLMJXIH LMW WGLIHYPI ERH [ERXIH XS KS ;LIR XLI] XEPOIH ERH .MQ MRXIVVYTXIH WLI TVEGXMGIH WE]MRK - Q RSX JMRMWLIH TPIEWI LIEV QI SYX MRXIVVYTXMRK PIWW

7YHHIRP] LI WXEVXIH PMWXIRMRK QSVI ERH

7YWER W QSWX HMJJMGYPX XEWO [EW XS TVEGXMGI EWOMRK JSV

[LEX WLI [ERXIH 7LI WEMH XS QI

;L] WLSYPH - LEZI XS EWO EJXIV EPP -

LEZI HSRI JSV LMQ# - I\TPEMRIH XLEX QEOMRK LMQ VIWTSRWMFPI JSV ORS[MRK LIV [ERXW [EW RSX SRP] YRVIEPMWXMG FYX E FMK TEVX SJ LIV TVSFPIQ 7LI RIIHIH XS FI VIWTSRWMFPI JSV KIXXMRK LIV RIIHW JYPJMPPIH

.MQ W QSWX

HMJJMGYPX GLEPPIRKI [EW XS FI VIWTIGXJYP SJ LIV GLERKIW ERH RSX I\TIGX LIV XS FI XLI WEQI EGGSQQSHEXMRK TEVXRIV LI SVMKMREPP] QEVVMIH ,I VIGSKRM^IH XLEX MX [EW EW HMJJMGYPX JSV LIV XS WIX PMQMXW EW MX [EW JSV LMQ XS EHNYWX XS XLIQ ,I YRHIVWXSSH XLEX XLI] [SYPH FIGSQI KVEGIJYP EW XLI] LEH QSVI TVEGXMGI %W E QER I\TIVMIRGIW PMQMXW LI MW QSXMZEXIH XS KMZI QSVI 8LVSYKL VIWTIGXMRK

PMQMXW

LI

EYXSQEXMGEPP]

MW

QSXMZEXIH

XS

UYIWXMSR

XLI

IJJIGXMZIRIWW SJ LMW FILEZMSV TEXXIVRW ERH XS WXEVX QEOMRK GLERKIW ;LIR E [SQER VIEPM^IW XLEX MR SVHIV XS VIGIMZI WLI RIIHW XS WIXW PMQMXW XLIR EYXSQEXMGEPP] WLI FIKMRW XS JSVKMZI LIV TEVXRIV ERH I\TPSVI RI[ [E]W SJ

EWOMRK JSV ERH VIGIMZMRK WYTTSVX ;LIR E [SQER WIX PMQMXW WLI KVEHYEPP] PIEVRW XS VIPE\ ERH VIGIMZI QSVI 0)%62-2+ 83 6)')-:) 7IXXMRK PMQMXW ERH VIGIMZMRK EVI ZIV] WGEV] JSV E [SQER 7LI MW GSQQSRP] EJVEMH SJ RIIHMRK XSS QYGL ERH XLIR FIMRK VINIGXIH

NYHKIH

SV

EFERHSRIH 6INIGXMSR NYHKQIRX ERH EFERHSRQIRX EVI QSWX TEMRJYP FIGEYWI HIIT MRWMHI LIV YRGSRWGMSYW WLI LSPHW XLI MRGSVVIGX FIPMIJ XLEX WLI MW YR[SVXL] SJ VIGIMZMRK QSVI 8LMW FIPMIJ [EW JSVQIH ERH VIMRJSVGIH MR GLMPHLSSH IZIV] XMQI WLI LEH XS WYTTVIWW LIV JIIPMRKW RIIHW SV [MWLIW % [SQER MW TEVXMGYPEVP] ZYPRIVEFPI XS XLI RIKEXMZI ERH MRGSVVIGX FIPMIJ XLEX WLI HSIWR X HIWIVZI XS FI PSZIH -J EW E GLMPH WLI [MXRIWWIH EFYWI SV [EW HMVIGXP] EFYWIH

XLIR WLI MW IZIR QSVI ZYPRIVEFPI XS JIIPMRK

YR[SVXL] SJ PSZI MX MW LEVHIV JSV LIV XS HIXIVQMRI LIV [SVXL ,MHHIR MR XLI YRGSRWGMSYW

XLMW JIIPMRK SJ YR[SVXLMRIWW KIRIVEXIW XLI JIEV SJ

RIIHMRK SXLIVW % TEVX SJ LIV MQEKMRIW XLEX WLI [MPP RSX FI WYTTSVXIH &IGEYWI WLI MW EJVEMH SJ RSX FIMRK WYTTSVXIH WLI YRORS[MRKP] TYWLIW E[E] XLI WYTTSVX WLI RIIHW ;LIR E QER VIGIMZIW XLI QIWWEKI XLEX WLI HSIWR X XVYWX LMQ XS JYPJMPP LIV RIIHW XLIR LI JIIPW MQQIHMEXIP] VINIGXIH ERH MW XYVRIH SJJ ,IV LSTIPIWWRIWW ERH QMWXVYWX XVERWJSVQ LIV ZEPMH RIIHW MRXS HIWTIVEXI I\TVIWWMSRW SJ RIIHMRIWW ERH GSQQYRMGEXI XS LMQ XLI QIWWEKI XLEX WLI HSIWR X XVYWX LMQ XS WYTTSVX LIV -VSRMGEPP] QIR EVI TVMQEVMP] QSXMZEXIH F] FIMRK RIIHIH FYX EVI XYVRIH SJJ F] RIIHMRIWW

%X WYGL XMQIW E [SQER QMWXEOIRP] EWWYQIW XLEX LEZMRK RIIHW LEW XYVRIH LMQ SJJ [LIR MR XVYXL MX MW LIV LSTIPIWWRIWW HIWTIVEXMSR ERH QMWXVYWX XLEX LEW HSRI WS ;MXLSYX VIGSKRM^MRK XLEX QIR RIIH XS FI XVYWXIH

MX MW HMJJMGYPX ERH GSRJYWMRK JSV [SQIR XS YRHIVWXERH XLI

HMJJIVIRGI FIX[IIR RIIHMRK ERH RIIHMRIWW 2IIHMRK MW STIRP] VIEGLMRK SYX ERH EWOMRK JSV WYTTSVX JVSQ E QER MR E XVYWXMRK QERRIV IQTS[IVW LMQ

SRI XLEX EWWYQIW XLEX LI [MPP HS LMW FIWX 2IIHMRIWW

8LMW

LS[IZIV MW HIWTIVEXIP] RIIHMRK WYTTSVX

FIGEYWI ]SY HSR X XVYWX ]SY [MPP KIX MX -X TYWLIW QIR E[E] ERH QEOIW XLIQ JIIP VINIGXIH ERH YRETTVIGMEXIH *SV [SQIR RSX SRP] MW RIIHMRK SXLIVW GSRJYWMRK FYX FIMRK HMWETTSMRXIH SV EFERHSRIH MW IWTIGMEPP] TEMRJYP IZIR MR XLI WQEPPIWX [E]W -X MW RSX IEW] JSV LIV XS HITIRH SR SXLIVW ERH XLIR FI MKRSVIH JSVKSXXIR SV HMWQMWWIH

2IIHMRK SXLIVW TYXW LIV MR E ZYPRIVEFPI TSWMXMSR

&IMRK

MKRSVIH SV HMWETTSMRXIH LYVXW QSVI FIGEYWI MX EJJMVQW XLI MRGSVVIGX FIPMIJ XLEX WLI MW YR[SVXL] 2I[ XLI :IRYWMERW 0b XS *IIP ;SVXL] *SV GIRXYVMIW XLI :IRYWMERW GSQTIRWEXIH JSV XLMW JYRHEQIRXEP JIEV SJ YR[SVXLMRIWW F] FIMRK EXXIRXMZI ERH VIWTSRWMZI XS XLI RIIHW SJ SXLIVW 8LI] [SYPH KMZI ERH KMZI FYX HIIT MRWMHI XLI] HMH RSX JIIP [SVXL] SJ VIGIMZMRK 8LI] LSTIH XLEX F] KMZMRK XLI] [SYPH FIGSQI QSVI [SVXL] %JXIV GIRXYVMIW SJ KMZMRK XLI] JMREPP] VIEPM^IH XLEX XLI] [IVI [SVXL] SJ VIGIMZMRK PSZI ERH WYTTSVX 8LIR XLI] PSSOIH FEGO ERH VIEPM^IH XLEX XLI] LEH EP[E]W FIIR [SVXL] SJ WYTTSVX

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

GLERGI 7LI QE] JIIP WSQIXLMRK PMOI XLMW

- LEZI KMZIR XS ]SY ERH ]SY

LEZI MKRSVIH QI =SY LEH ]SYV GLERGI - HIWIVZI FIXXIV - GER X XVYWX ]SY - EQ XSS XMVIH - LEZI RSXLMRK PIJX XS KMZI - [MPP RSX PIX ]SY LYVX QI EKEMR 6ITIEXIHP] [LIR XLMW MW XLI GEWI - LEZI EWWYVIH [SQIR XLEX XLI] HSR X LEZI XS KMZI QSVI XS LEZI E FIXXIV VIPEXMSRWLMT 8LIMV TEVXRIV EGXYEPP] [MPP KMZI XLIQ QSVI MJ XLI] KMZI PIWW ;LIR E QER LEW FIIR MKRSVMRK LIV RIIHW MX MW EW XLSYKL XLI] LEZI FSXL FIIR EWPIIT ;LIR WLI [EOIW YT ERH VIQIQFIVW LIV RIIHW LI EPWS [EOIW YT ERH [ERXW XS KMZI LIV QSVI 4VIHMGXEFP] LIV TEVXRIV [MPP [EOI YT JVSQ LMW TEWWMZI WXEXI ERH XVYP] QEOI QER] SJ XLI GLERKIW WLI VIUYMVIW ;LIR WLI MW RS PSRKIV KMZMRK XSS QYGL FIGEYWI WLI MW JIIPMRK [SVXL] MRWMHI LIVWIPJ LI GSQIW SYX SJ LMW GEZI ERH WXEVXW FYMPHMRK WTEGIWLMTW XS GSQI ERH QEOI LIV LETT] -X QE] XEOI LMQ E [LMPI EGXYEPP] XS PIEVR XS KMZI LIV QSVI

FYX XLI QSWX

MQTSVXERX WXIT MW XEOIR LI MW E[EVI XLEX LI LEW RIKPIGXIH LIV ERH LI [ERXW XS GLERKI -X EPWS [SVOW XLI SXLIV [E] EVSYRH 9WYEPP] [LIR E QER VIEPM^IW XLEX LI MW YRLETT] ERH [ERXW QSVI VSQERGI ERH PSZI MR LMW PMJI LMW [MJI [MPP WYHHIRP] FIKMR XS STIR YT ERH PSZI LMQ EKEMR 8LI [EPPW SJ VIWIRXQIRX FIKMR XS QIPX ERH PSZI GSQIW FEGO XS PMJI -J XLIVI LEW FIIR E PSX SJ RIKPIGX MX QE] XEOI E [LMPI XVYP] XS LIEP EPP XLI EGGYQYPEXIH VIWIRXQIRXW FYX MX MW TSWWMFPI -R GLETXIV -- - [MPP HMWGYWW IEW] ERH TVEGXMGEP XIGLRMUYIW XS LIEP XLIWI VIWIRXQIRXW 5YMXI SJXIR [LIR SRI TEVXRIV QEOIW E TSWMXMZI GLERKI XLI SXLIV [MPP EPWS GLERKI 8LMW TVIHMGXEFPI GSMRGMHIRGI MW SRI SJ XLSWI QEKMGEP XLMRKW EFSYX PMJI ;LIR XLI WXYHIRX MW VIEH] XLI XIEGLIV ETTIEVW ;LIR XLI UYIWXMSR MW

EWOIH XLIR XLI ERW[IV MW LIEVH ;LIR [I EVI XVYP] VIEH] XS VIGIMZI XLIR [LEX [I RIIH [MPP FIGSQI EZEMPEFPI ;LIR XLI :IRYWMERW [IVI VIEH] XS VIGIMZI XLI 1EVXMERW [IVI VIEH] XS KMZI 0)%62-2+ 83 +-:) % QER W HIITIWX JIEV MW XLEX LI MW RSX KSSH IRSYKL SV XLEX LI MW MRGSQTIXIRX ,I GSQTIRWEXIW JSV XLMW JIEV F] JSGYWMRK SR MRGVIEWMRK LMW TS[IV ERH GSQTIXIRGI

7YGGIWW

EGLMIZIQIRX

ERH IJJMGMIRG] EVI

JSVIQSWX MR LMW PMJI &IJSVI XLI] HMWGSZIVIH XLI :IRYWMERW XLI 1EVXMERW [IVI WS GSRGIVRIH [MXL XLIWI UYEPMXMIW XLEX XLI] HMHR X GEVI EFSYX ER]XLMRK SV ER]FSH] IPWI % QER ETTIEVW QSWX YRGEVMRK [LIR LI MW EJVEMH NYWX EW [SQIR EVI EJVEMH SJ VIGIMZMRK QIR EVI EJVEMH SJ KMZMRK 8S I\XIRH LMQWIPJ MR KMZMRK XS SXLIVW QIERW XS VMWO JEMPYVI

GSVVIGXMSR

ERH

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

-VSRMGEPP] [LIR E QER VIEPP] GEVIW E PSX LMW JIEV SJ JEMPYVI MRGVIEWIW ERH LI KMZIW PIWW 8S EZSMH JEMPYVI LI WXSTW KMZMRK XS XLI TISTPI LI [ERXW XS KMZI XS XLI QSWX ;LIR E QER MW MRWIGYVI LI QE] GSQTIRWEXI F] RSX GEVMRK EFSYX ER]FSH] I\GITX LMQWIPJ ,MW QSWX EYXSQEXMG HIJIRWMZI VIWTSRWI MW XS WE] - HSR X GEVI

*SV XLMW VIEWSR XLI 1EVXMERW HMH RSX PIX XLIQWIPZIW JIIP

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b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

,I WE[ LMW JEXLIV QEOI

QMWXEOIW ERH GSRXMRYI XS PSZI LMQWIPJ ,I [MXRIWWIH LMW QSXLIV PSZMRK

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

XLI] [IVI EFPI XS WSPZI XLIWI

TVSFPIQW 3RI SJ XLI WIGVIXW SJ XLIMV WYGGIWW [EW KSSH GSQQYRMGEXMSR -VSRMGEPP]

XLI]

GSQQYRMGEXIH

[IPP

FIGEYWI

XLI]

WTSOI

HMJJIVIRX

PERKYEKIW ;LIR XLI] LEH TVSFPIQW XLI] [SYPH NYWX KS XS E XVERWPEXSV JSV EWWMWXERGI )ZIV]SRI ORI[ XLEX TISTPI JVSQ 1EVW ERH TISTPI JVSQ :IRYW WTSOI HMJJIVIRX PERKYEKIW WS [LIR XLIVI [EW E GSRJPMGX XLI] HMHR X WXEVX NYHKMRK SV JMKLXMRK FYX MRWXIEH TYPPIH SYX XLIMV TLVEWI HMGXMSREVMIW XS YRHIVWXERH IEGL SXLIV QSVI JYPP] -J XLEX HMHR X [SVO XLI] [IRX XS E XVERWPEXSV JSV LIPT

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2SXI 1EVXMERW LEH RIZIV LIEVH SJ XLIWI

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,IV TEWX YRVIWSPZIH JIIPMRKW SJ ERKIV ERH

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

;LIR E [SQER MW JIIPMRK LYVX WLI QE] WSYRH EW MJ WLI MW FPEQMRK LMQ &YX MJ WLI MW KMZIR GEVI ERH YRHIVWXERHMRK XLI FPEQI [MPP HMWETTIEV 8V]MRK XS I\TPEMR XS LIV [L] WLI WLSYPHR X FI LYVX [MPP QEOI QEXXIVW QYGL [SVWI 7SQIXMQIW [LIR E [SQER MW LYVXMRK WLI QE] IZIR EKVII MRXIPPIGXYEPP] XLEX WLI WLSYPHR X FI LYVXMRK &YX IQSXMSREPP] WLI MW WXMPP LYVXMRK ERH HSIWR X [ERX XS FIEV JVSQ LMQ XLEX WLI WLSYPHR X LI LYVXMRK ;LEX WLI RIIHW MW LMW YRHIVWXERHMRK SJ [L] WLI MW LYVXMRK ;L] 1IR ERH ;SQIR *MKLX ,EVVMW GSQTPIXIP] QMWYRHIVWXSSH 'EXL] W LYVX VIEGXMSR ,I XLSYKLX WLI [EW HIQERHMRK XLEX LI KMZI YT 8: JSVIZIV 'EXL] [EWR X HIQERHMRK XLEX ,EVVMW KMZI YT 8: 7LI NYWX [ERXIH LMQ XS ORS[ LS[ TEMRJYP MX [EW JSV LIR ;SQIR MRWXMRGXMZIP] ORS[ XLEX MJ SRP] XLIMV TEMR GER FI LIEVH XLIR XLI] GER XVYWX XLIMV TEVXRIV XS QEOI [LEXIZIV GLERKIW LI GER QEOI ;LIR 'EXL] WLEVIH LIV LYVX

WLI NYWX RIIHIH XS FI LIEVH ERH XLIR FI

VIEWWYVIH XLEX LI [EWR X TIVQERIRXP] VIZIVXMRK FEGO XS XLI SPH ,EVVMW EHHMGXIH XS 8: ERH IQSXMSREPP] YREZEMPEFPI 'IVXEMRP] ,EVVMW HIWIVZIH XS [EXGL 8: FYX 'EXL] HIWIVZIH XLI VMKLX XS FI YTWIX 7LI HIWIVZIH XS FI LIEVH YRHIVWXSSH ERH VIEWWYVIH ,EVVMW [EW RSX [VSRK JSV [EXGLMRK 8: ERH 'EXL] [EW RSX [VSRK JSV FIMRK YTWIX &IGEYWI ,EVVMW HMH RSX YRHIVWXERH 'EXL] W [EZI LI XLSYKLX LIV VIEGXMSR [EW YRJEMV ,I XLSYKLX LI LEH XS MRZEPMHEXI LIV JIIPMRKW MJ LI [ERXIH XS

XEOI XMQI XS [EXGL 8: ,I FIGEQI MVVMXEFPI ERH XLSYKLX - GER X FI PSZMRK ERH MRXMQEXI EPP XLI XMQI ,EVVMW JIPX LI LEH XS QEOI LIV JIIPMRKW [VSRK XS KEMR XLI VMKLX XS [EXGL 8: ERH PMZI LMW JMJI ERH FI LMQWIPJ ,I EVKYIH JSV LMW VMKLX XS [EXGL 8: [LIR 'EXL] NYWX RIIHIH XS FI LIEVH 7LI b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

ALIMV

EVKYQIRX XYVRIH MRXS ]IPPMRK %JXIV X[S LSYVW SJ ]IPPMRK XLI] [IVIR X XEPOMRK XS IEGL SXLIV &] YRHIVWXERHMRK XLI FMKKIV TMGXYVI SJ [LEX LEH LETTIRIH XLI] [IVI EFPI XS VIWSPZI XLIMV GSRJPMGX ERH QEOI YT ,EVVMW YRHIVWXSSH XLEX [LIR LI WXEVXIH XS TYPP E[E] MX XVMKKIVIH 'EXL] W XMQI XS HS WSQI IQSXMSREP LSYWIGPIERMRK 7LI RIIHIH XS XEPO EFSYX LIV JIIPMRKW ERH RSX FI QEHI [VSRK ,EVVMW [EW IRGSYVEKIH F] XLI VIEPM^EXMSR XLEX WLI [EW JMKLXMRK XS

FI LIEVH NYWX EW LI [EW JMKLXMRK XS FI JVII ,I PIEVRIH XLEX F] WYTTSVXMRK LIV RIIH XS FI LIEVH WLI GSYPH WYTTSVX LMW RIIH XS FI JVII 'EXL] YRHIVWXSSH XLEX ,EVVMW HMH RSX QIER XS MRZEPMHEXI LIV LYVX JIIPMRKW -R EHHMXMSR WLI YRHIVWXSSH XLEX XLSYKL LI [EW TYPPMRK E[E] LI [SYPH FI FEGO ERH XLI] [SYPH FI EFPI XS I\TIVMIRGI MRXMQEG] EKEMR 7LI VIEPM^IH XLEX XLIMV MRGVIEWIH MRXMQEG] LEH XVMKKIVIH LMW RIIH XS TYPP E[E] 7LI PIEVRIH XLEX LIV LYVX JIIPMRKW QEHI LMQ JIIP GSRXVSPPIH ERH LI RIIHIH XS JIIP WLI [EW RSX XV]MRK XS XIPP LMQ [LEX LI GSYPH HS ;LEX E 11 'SR (I ;LIR ,I 'ER X 0MWXIR ,EVVMW EWOIH

;LEX MJ - NYWX GER X PMWXIR ERH - RIIH XS FI MR Q] GEZI#

7SQIXMQIW - WXEVX XS PMWXIR ERH - FIGSQI JYVMSYW - EWWYVIH LMQ XLEX XLMW MW RSVQEP ;LIR LIV [EZI GVEWLIW ERH WLI RIIHW XS FI LIEVH XLI QSWX WSQIXMQIW LMW VYFFIV FERH MW XVMKKIVIH ERH LI RIIHW XS TYPP E[E] ,I GERRSX KMZI LIV [LEX WLI RIIHW ,I IQTLEXMGEPP] EKVIIH ERH WEMH

=IW XLEX W VMKLX ;LIR - [ERX XS TYPP E[E] WLI [ERXW

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LMW VMKLX XS [EXGL 8: LI GSYPH LEZI XSPH LIV WSQIXLMRK PMOI XLMW

-

YRHIVWXERH ]SY VI YTWIX ERH VMKLX RS[ - VIEPP] RIIH XS [EXGL 8: ERH VIPE\ ;LIR - JIIP FIXXIV [I GER XEPO

8LMW [SYPH KMZI LMQ XMQI XS [EXGL

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

*SV E QER XS I\GYWI LMQWIPJ MR XLMW

[E] ERH WXST PMWXIRMRK MW QYGL FIXXIV XLER XV]MRK XS I\TPEMR E[E] LIV LYVX ;LEX 7LI 'SR (S -RWXIEH SJ %VKYMRK -R LIEVMRK XLMW WYKKIWXMSR 'EXL] WEMH

-J LI KIXW XS FI MR LMW GEZI XLIR

[LEX EFSYX QI# - KMZI LMQ WTEGI FYX [LEX HS - KIX# ;LEX 'EXL] KIXW MW XLI FIWX LIV TEVXRIV GER KMZI EX XLI XMQI &] RSX HIQERHMRK XLEX LI PMWXIR XS LIV [LIR WLI [ERXW XS XEPO WLI GER EZSMH QEOMRK XLI TVSFPIQ QYGL [SVWI F] LEZMRK E LYKI EVKYQIRX 7IGSRH WLI KIXW LMW WYTTSVX [LIR LI GSQIW FEGO [LIR LI MW XVYP] GETEFPI SJ WYTTSVXMRK LIV

6IQIQFIV MJ E QER RIIHW XS TYPP E[E] PMOI E VYFFIV FERH [LIR LI VIXYVRW LI [MPP FI FEGO [MXL E PSX QSVI PSZI 8LIR LI GER PMWXIR 8LMW MW XLI FIWX XMQI XS MRMXMEXI GSRZIVWEXMSR %GGITXMRK E QER W RIIH XS KS MRXS XLI GEZI HSIW RSX QIER KMZMRK YT XLI RIIH XS XEPO -X QIERW KMZMRK YT XLI HIQERH XLEX LI PMWXIR [LIRIZIV WLI [ERXW XS XEPO 'EXL] PIEVRIH XS EGGITX XLEX WSQIXMQIW E QER GER X PMWXIR SV XEPO ERH PIEVRIH XLEX EX SXLIV XMQIW LI GSYPH

8MQMRK [EW ZIV]

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- EQ GSQTPIXIP] GSRJYWIH ;LIR [I KSX QEVVMIH [I [IVI

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8LMW TVSKVIWWMSR MW REXYVEP

RSVQEP

TVIHMGXEFPI % ;IEPXL] ;SQER 2IIHW 1SVI 4IVQMWWMSR XS &I 9TWIX

ERH

- VIQIQFIV VIEHMRK XLMW UYSXI -R ER EVXMGPI KIX IQTEXL] JVSQ E [IEPXL] TW]GLMEXVMWX

% [IEPXL] [SQER GER SRP] ;LIR E [SQER LEW E PSX SJ

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8LMW

6IKEVHPIWW SJ

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-J [I EVI XS JIIP XLI TSWMXMZI JIIPMRKW SJ PSZI LETTMRIWW XVYWX ERH KVEXMXYHI [I TIVMSHMGEPP] EPWS LEZI XS JIIP ERKIV WEHRIWW JIEV ERH WSVVS[ ;LIR E [SQER KSIW HS[R MRXS LIV [IPP MW [LIR WLI GER LIEP XLIWI RIKEXMZI IQSXMSRW 1IR EPWS RIIH XS TVSGIWW XLIMV RIKEXMZI JIIPMRKW WS XLEX XLI] GER XLIR I\TIVMIRGI XLIMV TSWMXMZI JIIPMRKW ;LIR E QER KSIW MRXS LMW GEZI MW E XMQI [LIR LI WMPIRXP] JIIPW ERH TVSGIWWIW LMW RIKEXMZI JIIPMRKW -R GLETXIV -- [I [MPP I\TPSVI E XIGLRMUYI JSV VIPIEWMRK RIKEXMZI JIIPMRKW XLEX [SVOW IUYEPP] [IPP JSV [SQIR ERH QIR ;LIR E [SQER MW SR XLI YTW[MRK WLI GER FI JYPJMPPIH [MXL [LEX WLI LEW &YX SR XLI HS[RW[MRK WLI XLIR [MPP FIGSQI E[EVI SJ [LEX WLI MW MWWMRK ;LIR WLI MW JIIPMRK KSSH WLI MW GETEFPI SJ WIIMRK ERH VIWTSRHMRK XS XLI KSSH XLMRKW MR LIV PMJI &YX [LIR WLI MW GVEWLMRK LIV PSZMRK ZMWMSR FIGSQIW GPSYH] ERH WLI VIEGXW QSVI XS [LEX MW QMWWMRK Q LIV PMJI NYWX EW E KPEWW SJ [EXIV GER FI ZMI[IH EW LEPJ JYPP SV LEPJ IQTX] [LIR E [SQER MW SR LIV [E] YT WLI WIIW XLI JYPPRIWW SJ LIV PMJI 3R XLI [E] HS[R WLI WIIW XLI IQTXMRIWW ;LEXIZIV IQTXMRIWW WLI SZIVPSSOW SR XLI [E] YT GSQIW QSVI MRXS JSGYW [LIR WLI MW SR LIV [E] HS[R MRXS LIV [IPP ;MXLSYX PIEVRMRK EFSYX LS[ [SQIR EVI PMOI [EZIW QIR GERRSX YRHIVWXERH SV WYTTSVX XLIMV [MZIW 8LI] EVI GSRJYWIH [LIR XLMRKW KIX E PSX FIXXIV SR XLI SYXWMHI FYX [SVWI MR XLI VIPEXMSRWLMT &] VIQIQFIVMRK XLMW HMJJIVIRGI E QER LSPHW XLI OI] XS KMZMRK LMW TEVXRIV XLI PSZI WLI HIWIVZIW [LIR WLI RIIHW MX XLI QSWX 'LETXIV

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

3V LI QE] GSQTPIXIP] MKRSVI LIV EWWYQMRK LI MW KMZMRK LIV E PSX

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

VIWTIGX

HIZSXMSR

ZEPMHEXMSR

ERH VIEWWYVERGI

8LI

IRSVQSYW XEWO SJ JMKYVMRK SYX [LEX SYV TEVXRIV RIIHW MW WMQTPMJMIH KVIEXP] XLVSYKL YRHIVWXERHMRK XLIWI X[IPZI HMJJIVIRX OMRHW SJ PSZI &] VIZMI[MRK XLMW PMWX ]SY GER IEWMP] WII [L] ]SYV TEVXRIV QE] RSX JIIP PSZIH %RH QSWX MQTSVXERX XLMW PMWX GER KMZI ]SY E HMVIGXMSR XS MQTVSZI ]SYV VIPEXMSRWLMTW [MXL XLI STTSWMXI WI\ [LIR ]SY HSR X ORS[ [LEX IPWI XS HS 8LI 4VMQEV] PSZI 2IIHW SJ ;SQIR ERH 1IR ,IVI EVI XLI HMJJIVIRX OMRHW SJ PSZI PMWXIH WMHI F] WMHI ;SQIR RIIH XS VIGIMZI 1IR RIIH XS VIGIMZI - 'EVMRK

- 8VYWX

9RHIVWXERHMRK

%GGITXERGI

6IWTIGX

%TTVIGMEXMSR

(IZSXMSR

%HQMVEXMSR

:EPMHEXMSR

%TTVSZEP

6IEWWYVERGI

)RGSYVEKIQIRX

9RHIVWXERHMRK =SYV 4VMQEV] 2IIHW 'IVXEMRP] IZIV] QER ERH [SQER YPXMQEXIP] RIIHW EPP X[IPZI OMRHW SJ PSZI 8S EGORS[PIHKI XLI WM\ OMRHW SJ PSZI TVMQEVMP] RIIHIH F] [SQIR HSIW RSX MQTP] XLEX QIR HS RSX RIIH XLIWI OMRHW SJ PSZI 1IR EPWS RIIH GEVMRK YRHIVWXERHMRK VIWTIGX HIZSXMSR ZEPMHEXMSR ERH VIEWWYVERGI ;LEX -W QIERX F]

TVMQEV] RIIH

MW XLEX JYPJMPPMRK E TVMQEV] RIIH MW VIUYMVIH

FIJSVI SRI MW EFPI JYPP] XS VIGIMZI ERH ETTVIGMEXI XLI SXLIV OMRHW SJ PSZI % QER FIGSQIW JYPP] VIGITXMZI XS ERH ETTVIGMEXMZI SJ XLI WM\ OMRHW SJ PSZI TVMQEVMP] RIIHIH F] [SQIR GEVMRK YRHIVWXERHMRK VIWTIGX HIZSXMSR ZEPMHEXMSR JYPJMPPIH

ERH VIEWWYVERGI

[LIR LMW S[R TVMQEV] RIIHW EVI JMVWX

0MOI[MWI E [SQER RIIHW XVYWX

EGGITXERGI

ETTVIGMEXMSR

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

RIIHW PSWMRK XVEGO SJ XLI JEGX XLEX XLI OMRH SJ PSZI XLI] RIIH MW RSX EP[E]W ETTVSTVMEXI JSV SV WYTTSVXMZI SJ XLIMV JEZSVMXI :IRYWMER 8LI QSWX TS[IVJYP ERH TVEGXMGEP EWTIGX SJ XLMW RI[ YRHIVWXERHMRK SJ PSZI MW XLEX XLIWI HMJJIVIRX OMRHW SJ PSZI EVI VIGMTVSGEP *SV I\EQTPI [LIR E 1EVXMER

I\TVIWWIW

LMW

GEVMRK

ERH

YRHIVWXERHMRK

E

:IRYWMER

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

7LI 2IIHW 9RHIVWXERHMRK ERH ,I 2IIHW %GGITXERGI ;LIR E QER PMWXIRW [MXLSYX NYHKQIRX FYX [MXL IQTEXL] ERH VIPEXIHRIWW XS E [SQER I\TVIWW LIV JIIPMRKW WLI JIIPW LIEVH ERH YRHIVWXSSH %R YRHIVWXERHMRK EXXMXYHI HSIWR X TVIWYQI XS EPVIEH] ORS[ E TIVWSR W XLSYKLXW SV JIIPMRKW MRWXIEH MX KEXLIVW QIERMRK JVSQ [LEX MW LIEVH ERH QSZIW XS[EVH ZEPMHEXMRK [LEX MW FIMRK GSQQYRMGEXIH

8LI VRSVI E

[SQER W RIIH XS FI LIEVH ERH YRHIVWXSSH MW JYPJMPPIH XLI IEWMIV MX MW JSV LIV XS KMZI LIV QER XLI EGGITXERGI LI RIIHW ;LIR E [SQER PSZMRKP] VIGIMZIW E QER [MXLSYX XV]MRK XS GLERKI LMQ LI JIIPW EGGITXIH %R EGGITXMRK EXXMXYHI HSIW RSX VINIGX FYX EJJMVQW XLEX LI MW FIMRK JEZSVEFP] VIGIMZIH -X HSIW RSX QIER XLI [SQER FIPMIZIW LI MW TIVJIGX FYX MRHMGEXIW XLEX WLI MW RSX XV]MRK XS MQTVSZI LMQ XLEX WLI XVYWXW LMQ XS QEOI LMW S[R MQTVSZIQIRXW ;LIR E QER JIIPW EGGITXIH MX MW QYGL IEWMIV JSV LMQ XS PMWXIR ERH KMZI LIV XLI YRHIVWXERHMRK WLI RIIHW ERH HIWIVZIW 7LI 2IIHW 6IWTIGX ERH ,I 2IIHW %TTVIGMEXMSR ;LIR E QER VIWTSRHW XS E [SQER MR E [E] XLEX EGORS[PIHKIW ERH TVMSVMXM^IW LIV VMKLXW [MWLIW ERH RIIHW WLI JIIPW VIWTIGXIH ;LIR LMW FILEZMSV XEOIW MRXS GSRWMHIVEXMSR LIV XLSYKLXW ERH JIIPMRKW WLI MW WYVI XS JIIP VIWTIGXIH 'SRGVIXI ERH TL]WMGEP I\TVIWWMSRW SJ VIWTIGX PMOI JPS[IVW ERH VIQIQFIVMRK ERRMZIVWEVMIW EVI IWWIRXMEP XS JYPJMPP E [SQER W XLMVH TVMQEV] PSZI RIIH ;LIR WLI JIIPW VIWTIGXIH MX MW QYGL IEWMIV JSV LIV XS KMZI LIV QER XLI ETTVIGMEXMSR XLEX LI HIWIVZIW

;LIR E [SQER EGORS[PIHKIW LEZMRK VIGIMZIH TIVWSREP FIRIJMX ERH ZEPYI JVSQ E QER W IJJSVXW ERH FILEZMSV LI JIIPW ETTVIGMEXIH %TTVIGMEXMSR MW XLI REXYVEP VIEGXMSR XS FIMRK WYTTSVXIH ;LIR E QER MW ETTVIGMEXIH LI ORS[W LMW IJJSVX MW RSX [EWXIH ERH MW XLYW IRGSYVEKIH XS 3ZI QSVI ;LIR E QER MW ETTVIGMEXIH LI MW EYXSQEXMGEPP] IQTS[IVIH ERH QSXMZEXIH XS VIWTIGX LMW TEVXRIV QSVI 7LI 2IIHW (IZSXMSR ERH ,I 2IIHW %HQMVEXMSR ;LIR E QER KMZIW TVMSVMX] XS E [SQER W RIIHW ERH TVSYHP] GSQQMXW LMQWIPJ XS WYTTSVXMRK ERH JYPJMPPMRK LIV LIV JSYVXL TVMQEV] PSZI RIIH MW JYPJMPPIH % [SQER XLVMZIW [LIR WLI JIIPW EHSVIH ERH WTIGMEP % QER JYPJMPPW LIV RIIH XS FI PSZIH MR XLMW [E] [LIR LI QEOIW LIV JIIPMRKW ERH RIIHW QSVI MQTSVXERX XLER LMW SXLIV MRXIVIWXW PMOI [SVO

WXYH]

ERH

VIGVIEXMSR ;LIR E [SQER JIIPW XLEX WLI MW RYQFIV SRI MR LMW PMJI XLIR UYMXI IEWMP] WLI EHQMVIW LMQ NYWX EW E [SQER RIIHW XS JIIP E QER W HIZSXMSR E QER LEW E TVMQEV] RIIH XS JIIP E [SQER W EHQMVEXMSR 8S EHQMVI E QER MW XS VIKEVH LMQ [MXL [SRHIV HIPMKLX ERH TPIEWIH ETTVSZEP % QER JIIPW EHQMVIH [LIR WLI MW LETTMP] EQE^IH F] LMW YRMUYI GLEVEGXIVMWXMGW SV XEPIRXW MRGPYHI LYQSV

WXVIRKXL

TIVWMWXIRGI

MRXIKVMX]

LSRIWX]

[LMGL QE] VSQERGI

OMRHRIWW PSZI YRHIVWXERHMRK ERH SXLIV WSGEPPIH SPH JEWLMSRIH ZMVXYIW ;LIR E QER JIIPW EHQMVIH LI JIIPW WIGYVI IRSYKL XS HIZSXI LMQWIPJ XS LMW [SQER ERH EHSVI LIV 7LI ,SHW :EPMHEXMSR ERH ,I 2IIHW %TTVSZEP

;LIR E QER HSIW RSX SFNIGX XS SV EVKYI [MXL E [SQER W JIIPMRKW ERH [ERXW FYX MRWXIEH EGGITXW ERH GSRJMVQW XLIMV ZEPMHMX] E [SQER XVYP] JIIPW PSZIH FIGEYWI LIV JMJXL TVMQEV] RIIH MW JYPJMPPIH

% QER W ZEPMHEXMRK

EXXMXYHI GSRJMVQW E [SQER W VMKLX XS JIIP XLI [E] WLI HSIW

-X MW

MQTSVXERX XS VIQIQFIV SRI GER ZEPMHEXI LIV TSMRX SJ ZMI[ [LMPI LEZMRK E HMJJIVIRX TSMRX SJ ZMI[

;LIR E QER PIEVRW LS[ XS PIX E [SQER ORS[ XLEX

LI LEW XLMW ZEPMHEXMRK EXXMXYHI LI MW EWWYVIH SJ KIXXMRK XLI ETTVSZEP XLEX LI TVMQEVMP] RIIHW (IIT MRWMHI IZIV] QER [ERXW XS FI LMW [SQER W LIVS SV ORMKLX MR WLMRMRK EVQSV 8LI WMKREP XLEX LI LEW TEWWIH LIV XIWXW MW LIV ETTVSZEP % [SQER W ETTVSZMRK EXXMXYHI EGORS[PIHKIW XLI KSSHRIWW MR E QER ERH I\TVIWWIW SZIVEPP WEXMWJEGXMSR [MXL LMQ

6IQIQFIV

KMZMRK ETTVSZEP XS E QER

HSIWR X EP[E]W QIER EKVIIMRK [MXL LMQ

%R ETTVSZMRK EXXMXYHI

VIGSKRM^IW SV PSSOW JSV XLI KSSH VIEWSRW FILMRH [LEX LI HSIW ;LIR LI VIGIMZIW XLI ETTVSZEP LI RIIHW MX FIGSQIW IEWMIV JSV LMQ XS ZEPMHEXI LIV JIIPMRKW 7LI 2IIHW 6IEWWYVERGI ERH ,I 2IIHW )RGSYVEKIQIRX ;LIR E QER VITIEXIHP] WLS[W XLEX LI GEVIW YRHIVWXERHW VIWTIGXW ZEPMHEXIW ERH MW HIZSXIH XS LMW TEVXRIV LIV TVMQEV] RIIH XS FI VIEWWYVIH MW JYPJMPPIH % VIEWWYVMRK EXXMXYHI XIPPW E [SQER XLEX WLI MW GSRXMRYEPP] PSZIH % QER GSQQSRP] QEOIW XLI QMWXEOI SJ XLMROMRK XLEX SRGI LI LEW QIX EPP SJ E [SQER W TVMQEV] PSZI RIIHW ERH WLI JIIPW LETT] ERH WIGYVI XLEX WLI WLSYPH ORS[ JVSQ XLIR SR XLEX WLI MW PSZIH 8LMW MW RSX XLI GEWI 8S

JYPJMPP LIV WM\XL TVMQEV] PSZI RIIH LI QYWX VIQIQFIV XS VIEWWYVI LIV EKEMR ERH EKEMR 7MQMPEVP]

E QER TVMQEVMP] RIIHW XS FI IRGSYVEKIH F] E [SQER %

[SQER W IRGSYVEKMRK EXXMXYHI KMZIW LSTI ERH GSYVEKI XS E QER F] I\TVIWWMRK GSRJMHIRGI Q LMW EFMPMXMIW ERH GLEVEGXIV ;LIR E [SQER W EXXMXYHI I\TVIWWIW QMWX

EGGITXERGI

ETTVIGMEXMSR

EHQMVEXMSR

ETTVSZEP MX IRGSYVEKIW E QER XS FI EPP XLEX LI GER FI

ERH

*IIPMRK

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

%W XLI KEXIW STIR LI MW [IPGSQIH ERH GIPIFVEXIH F] XLI JEQMP] SJ XLI TVMRGIWW ERH XLI XS[RWTISTPI ,I MW MRZMXIH XS PMZI MR XLI XS[R ERH MW EGORS[PIHKIH EW E LIVS ,I ERH XLI TVMRGIWW JEPP MR PSZI % QSRXL PEXIV XLI RSFPI ORMKLX KSIW SJJ SR ERSXLIV XVMT 3R LMW [E] FEGO LI LIEVW LMW FIPSZIH TVMRGIWW GV]MRK SYX JSV LIPT %RSXLIV HVEKSR LEW EXXEGOIH XLI GEWXPI ;LIR XLI ORMKLX EVVMZIW LI TYPPW SYX LMW W[SVH XS WPE] XLI HVEKSR &IJSVI LI W[MRKW XLI TVMRGIWW GVMIW SYX JVSQ XLI XS[IV

(SR X YWI ]SYV

W[SVH YWI XLMW RSSWI -X [MPP [SVO FIXXIV 7LI XLVS[W LMQ XLI RSSWI ERH QSXMSRW XS LMQ MRWXVYGXMSRW EFSYX LS[ XS YWI MX ,I LIWMXERXP] JSPPS[W LIV MRWXVYGXMSRW ,I [VETW MX EVSYRH XLI HVEKSR W RIGO ERH XLIR TYPPW LEVH

8LI HVEKSR HMIW ERH IZIV]SRI

VINSMGIW %X XLI GIPIFVEXMSR HMRRIV XLI ORMKLX JIIPW LI HMHR X VIEPP] HS ER]XLMRK 7SQILS[ FIGEYWI LI YWIH LIV RSSWI ERH HMHR X YWI LMW W[SVH LI HSIWR X UYMXI JIIP [SVXL] SJ XLI XS[R W XVYWX ERH EHQMVEXMSR %JXIV XLI IZIRX LI MW WPMKLXP] HITVIWWIH ERH JSVKIXW XS WLMRI LMW EVQSV % QSRXL PEXIV LI KSIW SR ]IX ERSXLIV XVMT %W LI PIEZIW [MXL LMW W[SVH XLI TVMRGIWW VIQMRHW LMQ XS FI GEVIJYP ERH XIPPW LMQ XS XEOI XLI RSSWI 3R LMW [E] LSQI LI WIIW ]IX ERSXLIV HVEKSR EXXEGOMRK XLI GEWXPI 8LMW XMQI LI VYWLIW JSV[EVH [MXL LMW W[SVH FYX LIWMXEXIW XLMROMRK QE]FI LI WLSYPH YWI XLI RSSWI -R XLEX QSQIRX SJ LIWMXEXMSR XLI HVEKSR FVIEXLIW JMVI ERH FYVRW LMW VMKLX EVQ -R GSRJYWMSR LI PSSOW YT ERH WIIW LMW TVMRGIWW [EZMRK JVSQ XLI GEWXPI [MRHS[

9WI XLI TSMWSR

WLI ]IPPW

8LI RSSWI HSIWR X [SVO

7LI XLVS[W LMQ XLI TSMWSR [LMGL LI TSYVW MRXS XLI HVEKSR W QSYXL ERH XLI HVEKSR HMIW )ZIV]SRI VINSMGIW ERH GIPIFVEXIW FYX XLI ORMKLX JIIPW EWLEQIH % QSRXL PEXIV LI KSIW SR ERSXLIV XVMT %W LI PIEZIW [MXL LMW W[SVH XLI TVMRGIWW VIQMRHW LMQ XS FI GEVIJYP ERH XS FVMRK XLI RSSWI ERH XLI TSMWSR ,I MW ERRS]IH F] LIV WYKKIWXMSRW FYX FVMRKW XLIQ NYWX MR GEWI 8LMW XMQI SR LMW NSYVRI] LI LIEVW ERSXLIV [SQER MR HMWXVIWW %W LI VYWLIW XS LIV GEPP LMW HITVIWWMSR MW PMJXIH ERH LI JIIPW GSRJMHIRX ERH EPMZI &YX EW LI HVE[W LMW W[SVH XS WPE] XLI HVEKSR LI EKEMR LIWMXEXIW ,I [SRHIVW 7LSYPH - YWI Q] W[SVH XLI RSSWI SV XLI TSMWSR# ;LEX [SYPH XLI TVMRGIWW WE]# *SV E QSQIRX LI MW GSRJYWIH &YX XLIR LI VIQIQFIVW LS[ LI LEH JIPX FIJSVI LI ORI[ XLI TVMRGIWW FEGO MR XLI HE]W [LIR LI SRP] GEVVMIH E W[SVH ;MXL E FYVWX SJ VIRI[IH GSRJMHIRGI LI XLVS[W SJJ XLI RSSWI ERH TSMWSR ERH GLEVKIW XLI HVEKSR [MXL LMW XVYWXIH W[SVH ,I WPE]W XLI HVEKSR ERH XLI XS[RWTISTPI VINSMGI 8LI ORMKLX MR WLMRMRK EVQSV RIZIV VIXYVRIH XS LMW TVMRGIWW ,I WXE]IH MR XLMW RI[ ZMPPEKI ERH PMZIH LETTMP] IZIV EJXIV ,I IZIRXYEPP] QEVVMIH FYX SRP] EJXIV QEOMRK WYVI LMW RI[ TEVXRIV ORI[ RSXLMRK EFSYX RSSWIW ERH TSMWSRW

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b QEOI bK HSIWR X JIH PSZIH - 7LI XVMIW XS MQTVSZI LMW FILEZ

- JMI JIIPW YRPSZIH FIGEYWI

WLI MSV SV LIPT LMQ F] SJJIVMRK

HSIWR X XVYWX LMQ ER]QSVI

YRWSPMGMXIH EHZMGI 7LI XVMIW XS GLERKI SV GSRXVSP LMW

,I JIIPW YRPSZIH FIGEYWI

WLI FILEZMSV F] WLEVMRK LIV YTWIX SV RIKEXMZI JIIPMRKW

HSIWR X EGGITX LMQ EW LI MW

-X MW 3/ XS WLEVI

JIIPMRKW FYX RSX [LIR XLI] EXXIQTX XS QERMTYPEXI SV TYRMWL 1MWXEOIW [S[ Gb QEOI ;L 7 HSIWR X JIIP PSZIH 7LI HSIWR X EGORS[PIHKI [LEX

,I JIIPW XEOIR JSV

KVERXIH ERH LI HSIW JSV LIV FYX GSQTPEMRW

YRPSZIH FIGEYWI WLI

HSIWR X ETTVI EFSYX [LEX LI LEW RSX HSRI 7LI GSVVIGXW LMW FILEZMSV ERH

GMEXI [LEX LI HSIW JMI JIIPW YRPSZIH FIGEYWI

LI XIPPW LMQ [LEX XS HS EW MJ LI

HSIW RSX JIIP EHQMVIH

[IVI E GLMPH 7LI I\TVIWWIW LIV YTWIX JIIPMRKW

,I JIIPW YRPSZIH FIGEYWI

LI MRHMVIGXP] [MXL VLIXSVMGEP UYIWXMSRW

JIIPW WLI LEW XEOIR E[E]

LIV PMOI ,S[ GSYPH ]SY HS XLEX

ETTVSZEP SJ LMQ ,I RS

PSRKIV JIIPW PMOI XLI KSSH KY] ;LIR LI QEOIW HIGMWMSRW SV WLI

,I JIIPW YRPSZIH FIGEYWI

XEOIW MRMXMEXMZIW WLI GSVVIGXW SV

HSIW RSX IRGSYVEKI LMQ XS

HS GVMXMGM^IW LMQ

XLMRKW SR LMW S[R

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

- 7LI JIIPW YRPSZIH

FIGEYWI LI MW HMWXVEGXIH HSIWR X EWO MRXIVIWXIH

RSX EXXIRXMZI SV WLS[MRK

XLEX LI SV GSRGIVRIH UYIWXMSRW

GEVIW

1MWXEOIW QIR G ;L] WLI b- JIH PSZIH ,I XEOIW LIV JIIPMRKW PMXIVEPP]

7LI JIIPW YRPSZIH

FIGEYWI LI ERH GSVVIGXW LIV ,I XLMROW WLI MW EWOMRK JSV WSPYXMSRW WS LI KMZIW EHZMGI

HSIWR X YRHIVWXERH LIV

,I PMWXIRW FYX XLIR KIXW ERKV]

7LI JIIPW YRPSZIH

FIGEYWI LI ERH FPEQIW LIV JSV YTWIXXMRK LMQ

HSIWR X VIWTIGX LIV

JIIPMRKW SV JSV FVMRKMRK LMQ HS[R ,I QMRMQM^IW XLI MQTSVXERGI SJ

7LI JIIPW YRPSZIH

FIGEYWI LI MW LIV JIIPMRKW ERH RIIHW ,I

RSX HIZSXIH XS LIV ERH

HSIWR X QEOIW GLMPHVIR SV [SVO QSVI

LSRSV LIV EW WTIGMEP

MQTSVXERX ;LIR WLI MW YTWIX LI I\TPEMRW

7LI JIIPW YRPSZIH

FIGEYWI LI [L] LI MW VMKLX ERH [L] WLI

HSIWR X ZEPMHEXI LIV JIIPMRKW

FYX WLSYPH RSX FI YTWIX

MRWXIEH QEOIW LIV JIIP [VSRK ERH YRWYTTSVXIH

%JXIV PMWXIRMRK LI WE]W RSXLMRK

7LI JIIPW MRWIGYVI

FIGEYWI WLI SV NYWX [EPOW E[E]

HSIWR X KIX XLI VIEWWYVERGI WLI RIIHW ;,)2 03:) *%-07

0SZI SJXIR JEHW FIGEYWI TISTPI MRWXMRGXMZIP] KMZI [LEX XLI] [ERX &IGEYWI E [SQER W TVMQEV] PSZI RIIHW EVI XS FI GEVIH JSV YRHIVWXSSH ERH WS JSVXL WLI EYXSQEXMGEPP] KMZIW LIV QER E PSX SJ GEVMRK ERH YRHIVWXERHMRK 8S E QER XLMW GEVMRK WYTTSVX SJXIR JIIPW EW XLSYKL

WLI HSIWR X QMWX LMQ &IMRK XVYWXIH MW LMW TVMQEV] RIIH RSX FIMRK Q IH JSV 8LIR

[LIR LI HSIWR X VIWTSRH TSWMXMZIP] XS LIV GEVMRK WLI GER X

YRHIVWXERH [L] LI HSIWR X ETTVIGMEXI LIV FVERH SJ WYTTSVX

,I

SJ

GSYVWI MW KMZMRK LMW S[R FVERH SJ PSZI [LMGL MWR X [LEX WLI RIIHW 7S XLI] EVI GEYKLX MR E PSST SJ JEMPMRK XS JYPJMPP IEGL SXLIV W RIIHW &IXL GSQTPEMRIH WE]MRK

- YWX GER X OIIT KMZMRK ERH RSX KIXXMRK FEGO

%VXLYV HSIWR X ETTVIGMEXI [LEX - KMZI - PSZI LMQ FYX LI HSIWR X PSZI QI %VXLYV GSQTPEMRIH WE]MRK

2SXLMRK - HS MW IZIV KSSH IRSYKL - HSR X

ORS[ [LEX XS HS - ZI XVMIH IZIV]XLMRK ERH WLI WXMPP HSIWR X PSZI QI - PSZI LIV FYX MX W NYWX RSX [SVOMRK &IXL ERH %VXLYV LEZI FIIR QEVVMIH JSV IMKLX ]IEVW 8LI] FSXL JIPX PMOI KMZMRK YT FIGEYWI XLI] HMHR X JIIP PSZIH -VSRMGEPP] XLI] FSXL GPEMQIH XS FI KMZMRK QSVI PSZI XLER XLI] [IVI KIXXMRK FEGO &IXL FIPMIZIH WLI [EW KMZMRK QSVI [LMPI %VXLYV XLSYKLX LI [EW KMZMRK XLI QSWX -R XVYXL XLI] [IVI FSXL KMZMRK FYX RIMXLIV [EW KIXXMRK [LEX XLI] [ERXIH SV RIIHIH 8LI] HMH PSZI IEGL SXLIV

FYX FIGEYWI XLI] HMHR X YRHIVWXERH XLIMV

TEVXRIV W TVMQEV] RIIHW XLIMV PSZI [EWR X KIXXMRK XLVSYKL &IXL [EW KMZMRK [LEX WLI RIIHIH XS VIGIMZI [LMPI %VXLYV [EW KMZMRK [LEX LI [ERXIH +VEHYEPP] XLI] FYVRIH SYX 1ER]

TISTPI

KMZI

YT

[LIR

VIPEXMSRWLMTW

FIGSQI

XSS

HMJJMGYPX

6IPEXMSRWLMTW FIGSQI IEWMIV [LIR [I YRHIVWXERH SYV TEVXRIV W TVMQEV] RIIHW ;MXLSYX KMZMRK QSVI FYX F] KMZMRK [LEX MW VIUYMVIH [I HS RSX FYQ

SYX

8LMW YRHIVWXERHMRK SJ XLI X[IPZI HMJJIVIRX OMRHW SJ PSZI JMREPP]

I\TPEMRW [L] SYV WMRGIVI PSZMRK EXXIQTXW JEMP 8S JYPJMPP ]SYV TEVXRIV ]SY RIIH XS PIEVR LS[ XS KMZI XLI PSZI LI SV WLI TVMQEVMP] RIIHW 0)%62-2+ 83 0-78)2 ;-8,398 +)88-2+ %2+6= 8LI RYQFIV SRI [E] E QER GER WYGGIIH MR JYPJMPPMRK E [SQER W TVMQEV] PSZI RIIHW MW XLVSYKL GSQQYRMGEXMSR %W [I LEZI HMWGYWWIH FIJSVI GSQQYRMGEXMSR MW TEVXMGYPEVP] -QTSVXERX SR :IRYW &] PIEVRMRK XS PMWXIR XS E [SQER W JIIPMRKW E QER GER IJJIGXMZIP] WLS[IV E [SQER [MXL GEVMRK YRHIVWXERHMRK VIWTIGX HIZSXMSR ZEPMHEXMSR ERH VIEWWYVERGI 3RI SJ XLI FMKKIWX TVSFPIQW QIR LEZI [MXL PMWXIRMRK XS [SQIR MW XLEX XLI] FIGSQI JVYWXVEXIH SV ERKV] FIGEYWI XLI] JSVKIX XLEX [SQIR EVI JVSQ :IRYW ERH XLEX XLI] EVI WYTTSWIH XS GSQQYRMGEXI HMJJIVIRXP] 8LI GLEVX FIPS[ SYXPMRIW WSQI [E]W XS VIQIQFIV XLIWI HMJJIVIRGIW ERH QEOIW WSQI WYKKIWXMSRW EFSYX [LEX XS HS 23; 83 0-78)2 ;-8,398 +)88-2+ %2+6= ;LEX 0S VIQIQFI

;LEX XS HS ERH [LEX RSX XS

HS - 6IQIQFIV ERKIV GSQIW JVSQ

- 8EOI VIWTSRWMFMPMX] XS

YRHIV RSX YRHIVWXERHMRK LIV TSMRX SJ

WXERH (SR X FPEQI LIV JSV

YTWIX ZMI[ ERH XLMW MW RIZIV LIV JEYPX XS YRHIVWXERH

XMRK ]SY 7XEVX EKEMR XV]MRK

6IQIQFIV XLEX JIIPMRKW HSR X

&VIEXLI HIITP] HSR X WE]

ER] EP[E]W QEOI WIRWI VMKLX E[E]

XLMRK 6IPE\ ERH PIX KS SJ

XV]MRK XS FYX XLI] VI WXMPP ZEPMH ERH RIIH

GSRXVSP 8V] XS MQEKMRI LS[

]SY IQTEXL]

[SYPH JIIP MJ ]SY WE[ XLI [SVPH XLVSYKL LIV I]IW

6IQIQFIV XLEX ERKIV QE] GSQI

(SR X FPEQI LIV JSV RSX

JIIPMRK JVSQ RSX ORS[MRK [LEX XS HS XS

FIXXIV JVSQ ]SYV WSPYXMSRW

,S[ QEOI XLMRKW FIXXIV )ZIR MJ WLI

GER WLI JIIP FIXXIV [LIR

WSPYXMSRW HSIWR X MQQIHMEXIP] JIIP

EVI RSX [LEX WLI RIIHW#

6IWMWX XLI FIXXIV ]SYV PMWXIRMRK ERH YRHIV

YVKI XS SJJIV WSPYXMSRW

WXERHMRK EVI LIPTMRK 6IQIQFIV ]SY HSR X LEZI XS

-J ]SY [MWL XS I\TVIWW E

HMJJIVMRK EKVII XS YRHIVWXERH LIV TSMRX SJ

TSMRX SJ ZMI[ QEOI WYVI WLI

MW JMR ZMI[ SV XS FI ETTVIGMEXIH EW E

MWLIH ERH XLIR VITLVEWI LIV

TSMRX KSSH PMWXIRIV

SJ ZMI[ FIJSVI KMZMRK ]SYV S[R (S RSX VEMWI ]SYV ZSMGI

6IQIQFIV ]SY HSR X JYPP] LEZI YRHIV

0IX LIV ORS[ ]SY HSR X

XS YRHIVWXERH LIV TSMRX SJ ZMI[ XS

WXERH FYX [ERX XS 8EOI

VIWTSRWM WYGGIIH MR FIMRK E KSSH PMWXIRIV

FMPMX] JSV RSX YRHIVWXERHMRK

HSR X NYHKI LIV SV MQTP] WLI GER X FI YRHIVWXSSH ;LEX XS VIQIQFIV ;LEX XS HI ERH [LEX RSX XS HI 6IQIQFIV ]SY EVI RSX VIWTSRWMFPI

6IJVEMR JVSQ HIJIRHMRK

]SYVWIPJ JSV LS[ WLI JIIPW 7LI QE] WSYRH

YRXMP WLI JIIPW XLEX ]SY

YRHIVWXERH EW XLSYKL WLI MW FPEQMRK ]SY FYX

ERH GEVI 8LIR MX MW 3/

KIRXP] XS WLI MW VIEPP] b XS FI YRHIVWXSSH

I\TPEMR ]SYVWIPJ SV XS

ETSPSKM^I 6IQIQFIV XLEX MJ WLI QEOIW

(SR X EVKYI [MXL LIV

JIIPMRKW ]SY VIEPP] ERKV] WLI MW TVSFEFP]

ERH STMRMSRW 8EOI XMQI SYX

ERH QMWXVYWXMRK ]SY (IIT MRWMHI LIV MW

HMWGYWW XLMRKW PEXIV [LIR

XLIVI MW E WGEVIH PMXXPI KMVP [LS MW EJVEMH SJ

PIWW IQSXMSREP GLEVKI

4VEGXMGI XLI STIRMRK YT ERH FIMRK LYVX ERH

0SZI 9XXIV XIGLRMUYI EW

HIWGVMFIH [LS RIIHW ]SYV OMRHRIWW ERH GSQTEWWMSR

MR GLETXIV --

;LIR E QER GER PMWXIR XS E [SQER W JIIPMRKW [MXLSYX KIXXMRK ERKV] ERH JVYWXVEXIH LI KMZIW LIV E [SRHIVJYP KMJX ,I QEOIW MX WEJI JSV LIV XS I\TVIWW LIVWIPJ 8LI QSVI WLI MW EFPI XS I\TVIWW LIVWIPJ XLI QSVI WLI JIIPW LIEVH ERH YRHIVWXSSH ERH XLI QSVI WLI MW EFPI XS KMZI E QER XLI PSZMRK

XVYWX

EGGITXERGI

ETTVIGMEXMSR

EHQMVEXMSR

ETTVSZEP

ERH

IRGSYVEKIQIRX XLEX LI RIIHW 8,) %68 3* )143;)6-2+ % 1%2 NYWX EW QIR RIIH XS PIEVR XLI EVX SJ PMWXIRMRK XS JYPJMPP E [SQER W TVMQEV] PSZI RIIHW [SQIR RIIH XS PIEVR XLI EVX SJ IQTS[IVQIRX ;LIR E [SQER IRPMWXW XLI WYTTSVX SJ E QER WLI IQTS[IVW LMQ XS FI EPP XLEX LI GER FI

% QER JIIPW IQTS[IVIH [LIR LI MW XVYWXIH

EGGITXIH

ETTVIGMEXIH EHQMVIH ETTVSZIH SJ ERH IRGSYVEKIH 0MOI MR SYV WXSV] SJ XLI ORMKLX MR WLMRMRK EVQSV QER] [SQIR XV] XS LIPT XLIMV QER F] MQTVSZMRK LMQ FYX YRORS[MRKP] [IEOIR SV LYVX LMQ %R] EXXIQTX XS GLERKI LMQ XEOIW E[E] XLI PSZMRK XVYWX ETTVIGMEXMSR

EHQMVEXMSR

ETTVSZEP

EGGITXERGI

ERH IRGSYVEKIQIRX XLEX EVI L W

TVMQEV] RIIHW 8LI WIGVIX SJ IQTS[IVMRK E QER MW RIZIV XS XV] XS GLERKI LMQ SV MQTVSZI LMQ 'IVXEMRP] ]SY QE] [ERX LMQ XS GLERKI NYWX HSR X EGX SR XLEX HIWMVI 3RP] MJ LI HMVIGXP] ERH WTIGMJMGEPP] EWOW JSV EHZMGI MW LI STIR XS EWWMWXERGI MR GLERKMRK +MZI 8VYWX ERH 2SX %HZMGI

3R :IRYW MX MW GSRWMHIVIH E PSZMRK KIWXYVI XS SJJIV EHZMGI &YX SR 1EVW MX MW RSX ;SQIR RIIH XS VIQIQFIV XLEX 1EVXMERW HS RSX SJJIV EHZMGI YRPIWW MX HMVIGXP] VIUYIWXIH % [E] SJ WLS[MRK PSZI MW XS XVYWX ERSXLIV 1EVXMER XS WSPZI LMW TVSFPIQW SR LMW S[R 8LMW HSIWR X QIER E [SQER LEW XS WUYEWL LIV JIIPMRKW -X W 3/ JSV LIV XS JIIP JVYWXVEXIH SV IZIR ERKV] EW PSRK EW WLI HSIWR X XV] XS GLERKI LMQ %R] EXXIQTX XS GLERKI LMQ MW YRWYTTSVXMZI ERH GSYRXIVTVSHYGXMZI ;LIR E [SQER PSZIW E QER WLI SJXIR FIKMRW XV]MRK XS MQTVSZI XLIMV VIPEXMSRWLMT

-R LIV I\YFIVERGI WLI QEOIW LMQ E XEVKIX JSV LIV

MQTVSZIQIRXW 7LI FIKMRW E KVEHYEP TVSGIWW SJ WPS[P] VILEFMPMXEXMRK LMQ ;L] 1IR 6IWMWX 'LERKI -R E Q]VMEH SJ [E]W WLI XVMIW XS GLERKI LMQ SV MQTVSZI LMQ 7LI XLMROW LIV EXXIQTXW XS GLERKI LMQ EVI PSZMRK

FYX LI JIIPW GSRXVSPPIH

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

1IR WII XLI [SVPH XLVSYKL 1EVXMER I]IW 8LIMV QSXXS MW HSR X JM\ MX -J MX MWR X FVSOIR

;LIR E [SQER EXXIQTXW XS GLERKI E QER LI VIGIMZIW XLI

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

- -KRSVI XLEX LI MW YTWIX

YRPIWW LI QER] UYIWXMSRW [LIR LI MW YTWIX

[ERXW XS XEPO XS ]SY EFSYX

MX SV LI [MPP JIIP ]SY EVI XV]MRK XS

7LS[ WSQI MRMXMEP GSRGIVR

FYX RSX GLERKI LMQ

XSS QYGL EW ER MRZMXEXMSR XS XEPO

6IQIQFIV KMZI YT XV]MRK XS

8VYWX LMVR XS KVS[ SR LMW

S[R MQTVSZI LMQ MR ER] [E] ,I RIIHW [MXL

,SRIWXP] WLEVI JIIPMRKW FYX

]SYV PSZI RSX VINIGXMSR XS KVS[

SYX XLI HIQERH XLEX LI

GLERKI 6IQIQFIV [LIR ]SY SJJIV

4VEGXMGI TEXMIRGI ERH

XVYWX XLEX YRWSPMGMXIH EHZMGI LI QE] JIIP QMW

LI [MPP XIEQ SR LMW S[R

[LEX LI XVYWXIH GSRXVSPPIH SV VINIGXIH

RIIHW XS PIEVR ;EMX YRXMP LI

EWOW JSV ]SYV EHZMGI 6IQIQFIV [LIR E QER

4VEGXMGI WLS[MRK LMQ

XLEX LI FIGSQIW WXYFFSVR ERH VIWMWXW

HSIWR X LEZI XS FI TIVJIGX

XS GLERKI LI MW RSX JIIPMRK PSZIH LI MW

HIWIVZI ]SYV PSZI 4VEGXMGI

JSVKMZI EJVEMH XS EHQMX LMW QMWXEOIW JSV

RIWW

7II GLETXIV - 0

JIEV SJ RSX FIMRK PSZIH 6IQIQFIV MJ ]SY QEOI WEGVM

4VEGXMGI HSMRK XLMRKW JSV

]SYV JMGIW LSTMRK LI [MPP HS XLI WEQI

WIPJ ERH RSX HITIRHMRK SR

LMQ XS JSV ]SY XLIR LI [MPP JIIP TVIWWYVIH

QEOI ]SY LETT]

XS GLERKI ;LEX WLI QI

- VIQIQFIV ;LIX WLI GSR HS

6IQIQFIV ]SY GER WLEVI RIKE PIX LMQ

;LIR WLEVMRK JIIPMRKW

XMZI JIIPMRKW [MXLSYX XV]MRK

ORS[ XLEX ]SY EVI RSX

XV]MRK XS XS GLERKI LMVR ;LIR LI JIIPW

XIPP LMQ [LEX XS HS FYX XLEX

]SY EGGITXIH MX MW IEWMIV JSV LMQ XS

[ERX LMQ XS XEOI ]SYV

JIIPMRKW MRXS PMWXIR

GSRWMHIVEXMSR

6IQIQFIV MJ ]SY KMZI LMVR

6IPE\ ERH WYVVIRHIV

4VEGXMGI HMVIGXMSRW ERH QEOI HIGMWMSRW

EGGITXMRK MQTIVJIGXMSR

1EOI LMW JSV LMQ LI [MPP JIIP GSVVIGXIH

JIIPMRKW QSVI MQTSVXERX

XLER TIV ERH GSRXVSPPIH

JIGXMSR ERH HSR X PIGXYVI SV GSVVIGX LMQ

%W QIR ERH [SQIR PIEVR XS WYTTSVX IEGL SXLIV MR XLI [E]W XLEX EVI QSWX MQTSVXERX JSV XLIMV S[R YRMUYI RIIHW GLERKI ERH KVS[XL [MPP FIGSQI EYXSQEXMG ;MXL E KVIEXIV E[EVIRIWW SJ ]SYV TEVXRIV W WM\ TVMQEV] RIIHW ]SY GER VIHMVIGX ]SYV PSZMRK WYTTSVX EGGSVHMRK XS XLIMV RIIHW ERH QEOI ]SYV VIPEXMSRWLMTW HVEQEXMGEPP] IEWMIV ERH QSVI JYPJMPPMRK 'LETXIV ,S[ XS %ZSMH %VKYQIRXW 3RI SJ XLI QSWX HMJJMGYPX GLEPPIRKIW MR SYV PSZMRK VIPEXMSRWLMTW MW LERHPMRK HMJJIVIRGIW ERH HMWEKVIIQIRXW

3JXIR [LIR GSYTPIW HMWEKVII XLIMV

HMWGYWWMSRW GER XYVR MRXS EVKYQIRXW ERH XLIR [MXLSYX QYGL [EVRMRK MRXS

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

JIIPMRKW XLI] PSWI XSYGL [MXL XLIMV PSZMRK JIIPMRKW EW [IPP 3RI GSYTPI MW LEZMRK E [EV [LMPI XLI SXLIV MW LEZMRK E GSPH [EV -X MW FIWX JSV E GSYTPI XS JMRH E FEPERGI FIX[IIR XLIWI X[S I\XVIQIW &] VIQIQFIVMRK [I EVI JVSQ HMJJIVIRX TPERIXW ERH XLYW HIZIPSTMRK KSSH GSQQYRMGEXMSR

WOMPPW

MX

MW

TSWWMFPI

XS

EZSMH

EVKYQIRXW

[MXLSYX

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

-RIZMXEFP] EPP GSYTPIW [MPP LEZI

&YX TVEGXMGEPP] WTIEOMRK QSWX GSYTPIW

WXEVX SYX EVKYMRK EFSYX SRI XLMRK ERH [MXLMR JMZI QMRYXIW EVI EVKYMRK EFSYX XLI [E] XLI] EVI EVKYMRK 9RORS[MRKP] XLI] FIKMR LYVXMRK IEGL SXLIV [LEX GSYPH LEZI FIIR ER MRRSGIRX EVKYQIRX IEWMP] VIWSPZIH [MXL QYXYEP YRHIVWXERHMRK ERH ER EGGITXERGI SJ HMJJIVIRGIW IWGEPEXIW MRXS E FEXXPI 8LI] VIJYWI XS EGGITX SV YRHIVWXERH XLI GSRXIRX SJ XLIMV TEVXRIV W TSMRX SJ ZMI[ FIGEYWI SJ XLI [E] XLI] EVI FIMRK ETTVSEGLIH 6IWSPZMRK ER EVKYQIRX VIUYMVIW I\XIRHMRK SV WXVIXGLMRK SYV

TSMRX SJ ZMI[ XS MRGPYHI ERH MRXIKVEXI ERSXLIV TSMRX SJ ZMI[ 8S QEOI XLMW WXVIXGL [I RIIH XS JIIP ETTVIGMEXIH ERH VIWTIGXIH

-J SYV TEVXRIV W

EXXMXYHI MW YRPSZMRK SYV WIPJ IWXIIQ GER EGXYEPP] FI [SYRHIH F] XEOMRK SR XLIMV TSMRX SJ ZMI[ 8LI QSVI MRXMQEXI [I EVI [MXL WSQISRI

XLI QSVI HMJJMGYPX MX MW

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

VIWTIGXJYP

ERH VIEWWYVMRK XSRI HIGVIEWIW

,I MW E[EVI

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

8EOI VIWTSRWMFMPMX] JSV VIGSKRM^MRK [LIR E

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

8LI] WXVMOI SYX F] FPEQMRK

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

QIR WLYX HS[R ERH WXST GEVMRK EW QYGL +VEHYEPP] XLI] PSWI [LEXIZIV MRXMQEG] XLI] LEH MR XLI FIKMRRMRK *PMKLX 8LMW WXERGI EPWS GSQI JVSQ 1EVW

8S EZSMH GSR JVSRXEXMSR

1EVXMERW QE] VIXMVI MRXS XLIMV GEZIW ERH RIZIV GSQI SYX 8LMW MW PMOI E GSPH

[EV

8LI]

VIJYWI

XS

XEPO

ERH

RSXLMRK

KIXW

VIWSPZIH

8LMW

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

*EOI

8LMW WXERGI GSQIW JVSQ :IRYW

8S EZSMH FIMRK LYVX MR E

GSRJVSRXEXMSR XLMW TIVWSR TVIXIRHW XLEX XLIVI MW RS TVSFPIQ 7LI TYXW E WQMPI SR LIV JEGI ERH ETTIEVW XS FI ZIV] EKVIIEFPI ERH LETT] [MXL IZIV]XLMRK

3ZIV XMQI

LS[IZIV

XLIWI [SQIR FIGSQI MRGVIEWMRKP]

VIWIRXJYP XLI] EVI EP[E]W KMZMRK XS XLIMV TEVXRIV FYX XLI] HS RSX KIX [LEX XLI] RIIH MR VIXYVR 8LMW VIWIRXQIRX FPSGOW XLI REXYVEP I\TVIWWMSR SJ PSZI 8LI] EVI EJVEMH XS FI LSRIWX EFSYX XLIMV JIIPMRKW WS XLI] XV] XS QEOI IZIV]XLMRK EPP VMKLX 3/ ERH JMRI

1IR GSQQSRP] YWI XLIWI TLVEWIW FYX

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+MZI LIV JSYV LYKW E HE] HMZI IV JSYV LYKW E HE] 'EPP LIV JVSQ [SVO XS EWO LS[ WLI MW SV XS WLEVI WSQIXLMRK I\GMXMRK SV XS XIPP LIV - PSZI ]SY 8IPP LIV - PSZI ]SY EX PIEWX E GSYTPI SJ XMQIW IZIV] HE] 1EOI XLI FIH ERH GPIER YT XLI FIHVSSQ -J WLI [EWLIW ]SYV WSGOW XYVR ]SYV WSGOW VMKLX WMHI SYX WS WLI HSIWR X LEZI XS 2SXMGI [LIR XLI XVEWL MW JYPP ERH SJJIV XS IQTX] MX ;LIR ]SY EVI SYX SJ XS[R GEPP XS PIEZI E XIPITLSRI RYQFIV [LIVI ]SY GER FI VIEGLIH ERH XS PIX LIV ORS[ ]SY EVVMZIH WEJIP] - ;EWL LIV GEV ;EWL ]SYV GEV ERH GPIER YT XLI MRXIVMSV FIJSVI E HEXI [MXL LIV ;EWL FIJSVI LEZMRK WI\ SV TYX SR E GSPSKRI MJ WLI PMOIW XLEX 8EOI LIV WMHI [LIR WLI MW YTWIX [MXL WSQISRI 3JJIV XS KMZI LIV E FEGO SV RIGO SV JSSX QEWWEKI SV EPP XLVII 1EOI E TSMRX SJ GYHHPMRK SV FIMRK EJJIGXMSREXI WSQIXMQIW [MXLSYX FIMRK WI\YEP

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

=SY PSSO LETT] XSHE]

SV =SY PSSO XMVIH ERH XLIR EWO E UYIWXMSR PMOI ,S[ [EW ]SYV HE]# ;LIR XEOMRK LIV SYX WXYH] MR EHZERGI XLI HMVIGXMSRW WS XLEX WLI HSIW RSX LEZI XS JIIP VIWTSRWMFPI XS REZMKEXI 8EOI LIV HERGMRK SV XEOI HERGMRK PIWWSRW XSKIXLIV

7YVTVMWI LIV [MXL E PSZI RSXI SV TSIQ - 8VIEX LIV MR [E]W ]SY HMH EX XLI FIKMRRMRK SJ XLI VIPEXMSRWLMT 3JJIV XS JM\ WSQIXLMRK EVSYRH XLI LSYWI 7E] ;LEX RIIHW XS FI JM\IH EVSYRH LIVI# - LEZI WSQI I\XVE XMQI

(SR X XEOI SR QSVI XLER ]SY GER

HS 3JJIV XS WLEVTIR LIV ORMZIW MR XLI OMXGLIR &Y] WSQI KSSH 7YTIV +PYI XS JM\ XLMRKW XLEX EVI FVSOIR 3JJIV XS GLERKI JMKLX FYPFW EW WSSR EW XLI] KS SYX ,IPT [MXL VIG]GPMRK XLI XVEWL 6IEH SYX PSYH SV GYX SYX WIGXMSRW SJ XLI RI[WTETIV XLEX [SYPH MRXIVIWX LIV ;VMXI SYX RIEXP] ER] TLSRI QIb ]SY QE] XEOI JSV LIV /IIT XLI FEXLVSSQ JPSSV GPIER ERH HV] MX EJXIV XEOMRK E WLS[IV 3TIR XLI HSSV JSV LIV - 3JJIV XS GEVV] XLI KVSGIVMIW 3JJIV XS GEVV] LIEZ] FS\IW JSV LIV

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

+MZI LIV E OMWW ERH WE] KSSH F]I [LIR ]SY PIEZI 0EYKL EX LIV NSOIW ERH LYQSV :IVFEPP] WE] XLERO ]SY [LIR WLI HSIW XLMRKW JSV ]SY 2SXMGI [LIR WLI KIXW LIV LEMV HSRI ERH KMZI E VIEWWYVMRK GSQTPMQIRX 'VIEXI WTIGMEP XMQI XS FI EPSRI XSKIXLIV (SR X ERW[IV XLI TLSRI EX MRXMQEXI QSQIRXW SV MJ WLI MW WLEVMRK ZYPRIVEFPI JIIPMRKW - +S FMG]GPMRK XSKIXLIV IZIR MJ MX W NYWX E WLSVX VMHI 3VKERM^I ERH TVITEVI E TMGRMG

6IQIQFIV XS FVMRK E TMGRMG GPSXL

-J WLI LERHPIW XLI PEYRHV] FVMRK XLI GPSXLIW XS XLI GPIERIVW SV SJJIV XS HS XLI [EWL 8EOI LIV JSV E [EPO [MXLSYX XLI GLMPHVIR 2IKSXMEXI MR E QERRIV XLEX WLS[W LIV XLEX ]SY [ERX LIV XS KIX [LEX WLI [ERXW ERH ]SY EPWS [ERX [LEX ]SY [ERX &I GEVMRK FYX HSR X FI E QEVX]V 0IX LIV ORS[ XLEX ]SY QMWWIH LIV [LIR ]SY [IRX E[E]

&VMRK LSQI LIV JEZSVMXI TMI SV HIWWIVX -J WLI RSVQEPP] WLSTW JSV XLI JSSH SJJIV XS HS XLI JSSH WLSTTMRK )EX PMKLXP] SR VSQERXMG SGGEWMSRW WS XLEX ]SY HSR X FIGSQI WXYJJIH ERH XMVIH PEXIV -

%WO LIV XS EHH LIV XLSYKLXW XS XLMW PMWX

- - 0IEZI XLI FEXLVSSQ WIEX HS[R 8,) 1%+-' 3* (3-2+ 0-880) 8,-2+7 -X W QEKMG [LIR E QER HSIW PMXXPI XLMRKW JSV LMW [SQER -X OIITW LIV PSZI XERO JYPP ERH XLI WGSVI IZIR ;LIR XLI WGSVI MW IZIR SV EPQSWX IZIR E [SQER ORS[W WLI MW PSZIH [LMGL QEOIW LIV QSVI XVYWXMRK ERH PSZMRK MR VIXYVR

;LIR E [SQER ORS[W WLI W PSZIH

WLI GER PSZI [MXLSYX

VIWIRXQIRX (SMRK PMXXPI XLMRKW JSV E [SQER MW EPWS LIEPMRK JSV E QER -R JEGX XLSWI PMXXPI XLMRKW [MPP XIRH XS LIEP LMW VIWIRXQIRXW EW [IPP EW LIVW ,I FIKMRW XS JIIP TS[IVJYP ERH IJJIGXMZI FIGEYWI WLI W KIXXMRK XLI GEVMRK WLI RIIHW &SXL EVI XLIR JYPJMPPIH ;LEX E 1ER 2I[W NYWX EW QIR RIIH XS GSRXMRYI HSMRK PMXXPI XLMRKW JSV E [SQER WLI RIIHW XS FI TEVXMGYPEVP] EXXIRXMZI XS ETTVIGMEXI XLI PMXXPI XLMRKW LI HSIW JSV LIV ;MXL E WQMPI ERH E XLEROW WLI GER PIX LMQ ORS[ LI LEW WGSVIH E TSMRX %

QER RIIHW XLMW ETTVIGMEXMSR ERH IRGSYVEKIQIRX XS GSRXMRYI KMZMRK ,I RIIHW XS JIIP LI GER QEOI E HMJJIVIRGI 1IR WXST KMZMRK [LIR XLI] JIIP XLI] EVI FIMRK XEOIR JSV KVERXIH % [SQER RIIHW XS PIX LMQ ORS[ XLEX [LEX LI MW HSMRK MW ETTVIGMEXIH 8LMW HSIWR X QIER XLEX WLI LEW XS TVIXIRH XLEX IZIV]XLMRK MW RS[ TIVJIGXP] [SRHIVJYP FIGEYWI LI LEW IQTXMIH XLI XVEWL JSV LIV &YX WLI GER WMQTP] RSXMGI XLEX LI LEW IQTXMIH XLI XVEWL ERH WE]

XLEROW

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

,I [MPP FIGSQI PIWW HVMZIR XS FI QSVI ERH QSVI

WYGGIWWJYP ERH FIKMR XS VIPE\ QSVI ERH WTIRH QSVI XMQI [MXL LMW [MJI ERH JEQMP]

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

+VEHYEPP] EW - JIPX FIMRK PSZIH JSV XLI [E]W - GSYPH WYTTSVX LIV ERH SYV JEQMP] - FIGEQI PIWW HVMZIR XS FI E KVIEX WYGGIWW - WXEVXIH XS WPS[ HS[R ERH XS Q] WYVTVMWI RSX SRP] SYV VIPEXMSRWLMT FYX EPWS Q] [SVO JPSYVMWLIH FIGSQMRK QSVI WYGGIWWJYP [MXLSYX Q] LEZMRK XS [SVO EW LEVH - JSYRH XLEX [LIR - [EW WYGGIIHMRK EX LSQI Q] [SVO VIJPIGXIH XLEX WYGGIWW - VIEPM^IH XLEX WYGGIWW MR XLI [SVO [SVPH [EW RSX EGLMIZIH XLVSYKL LEVH [SVO EPSRI -X [EW EPWS HITIRHIRX SR Q] EFMPMX] XS MRWTMVI XVYWX MR SXLIVW ;LIR - JIPX PSZIH F] Q] JEQMP] RSX SRP] HMH - JIIP QSVI GSRJMHIRX FYX SXLIVW EPWS XVYWXIH ERH ETTVIGMEXIH QI QSVI 2S[ E ;SQIR 'SR ,IPT &SRRMI W WYTTSVX TPE]IH E FMK TEVX MR XLMW GLERKI -R EHHMXMSR XS WLEVMRK LIV LSRIWX ERH PSZMRK JIIPMRKW WLI [EW EPWS ZIV] TIVWMWXIRX MR EWOMRK QI XS HS XLMRKW JSV LIV ERH XLIR KMZMRK QI E PSX SJ ETTVIGMEXMSR [LIR - HMH XLIQ +VEHYEPP] - WXEVXIH XS VIEPM^I LS[ [SRHIVJYP MX MW XS FI PSZIH JSV HSMRK PMXXPI XLMRKW - [EW VIPMIZIH JVSQ JIIPMRK XLEX - LEH XS HS KVIEX XLMRKW XS FI PSZIH -X [EW E VIZIPEXMSR ;,)2 ;31)2 +-:) 43-287 ;SQER TSWWIWW XLI WTIGMEP EFMPMX] XS ETTVIGMEXI XLI PMXXPI XLMRKW SJ JMJI EW QYGL EW XLI FMK XLMRKW 8LMW MW E FPIWWMRK JSV QIR 1SWX QIR WXVMZI JSV KVIEXIV ERH KVIEXIV WYGGIWW FIGEYWI XLI] FIPMIZI MX [MPP QEOI XLIQ [SVXL] SJ PSZI (IIT MRWMHI XLI] GVEZI PSZI ERH EHQMVEXMSR JVSQ SXLIVW

8LI] HS RSX ORS[ XLEX XLI] GER HVE[ XLEX PSZI ERH EHQMVEXMSR XS XLIQ [MXLSYX LEZMRK XS FI E KVIEXIV WYGGIWW % [SQER LEW XLI EFMPMX] XS LIEP E QER SJ XLMW EHHMGXMSR XS WYGGIWW F] ETTVIGMEXMRK XLI PMXXPI XLMRKW LI HSIW

&YX WLI QE] RSX I\TVIWW

ETTVIGMEXMSR MJ WLI HSIWR X YRHIVWXERH LS[ MQTSVXERX MX MW XS E QER 7LI QE] PIX LIV VIWIRXQIRX KIX MR XLI [E] ,)%0-2+ 8,) 6)7)281)28 *09 ;SQIR MRWXMRGXMZIP] ETTVIGMEXI XLI PMXXPI XLMRKW 8LI SRP] I\GITXMSRW EVI [LIR E [SQER HSIWR X VIEPM^I E QER RIIHW XS LIEV LIV ETTVIGMEXMSR SV [LIR WLI JIIPW XLI WGSVI MW YRIZIR ;LIR E [SQER JIIPW YRPSZIH ERH RIKPIGXIH MX MW LEVH JSV LIV EYXSQEXMGEPP] XS ETTVIGMEXI [LEX E QER HSIW HS JSV LIV 7LI JIIPW VIWIRXJYP FIGEYWI WLI LEW KMZIR WS QYGL QSVI XLER LI LEW 8LMW VIWIRXQIRX FPSGOW LIV EFMPMX] XS ETTVIGMEXI XLI PMXXPI XLMRKW 6IWIRXQIRX PMOI KIXXMRK XLI JPY SV E GSPH MW RSX LIEPXL] ;LIR E [SQER MW WMGO [MXL VIWIRXQIRX WLI XIRHW XS RIKEXI [LEX E QER LEW HSRI JSV LIV FIGEYWI EGGSVHMRK XS XLI [E] E [SQER OIITW WGSVI WLI LEW HSRI WS QYGL QSVI ;LIR XLI WGSVI MW JSVX] XS XIR MR JEZSV SJ XLI [SQER WLI QE] FIKMR XS JIIP ZIV] VIWIRXJYP 7SQIXLMRK LETTIRW XS E [SQER [LIR WLI JIIPW WLI MW KMZMRK QSVI XLER WLI MW KIXXMRK 5YMXI YRGSRWGMSYWP] WLI WYFXVEGXW LMW WGSVI SJ XIR JVSQ LIV WGSVI SJ JSVX] ERH GSRGPYHIW XLI WGSVI MR XLIMV VIPEXMSRWLMT MW XLMVX] XS ^IVS 8LMW QEOIW WIRWI QEXLIQEXMGEPP] ERH MW YRHIVWXERHEFPI FYX MX HSIWR X [SVO

;LIR WLI WYFXVEGXW LMW WGSVI JVSQ LIV WGSVI LI IRHW YT [MXL E ^IVS ERH LI MW RSX E ^IVS ,I LEW RSX KMZIR ^IVS LI LEW KMZIR XIR ;LIR LI GSQIW LSQI WLI LEW E GSPHRIWW MR LIV I]IW SV MR LIV ZSMGI XLEX WE]W LI MW E ^IVS 7LI MW RIKEXMRK [LEX LI LEW HSRI 7LI VIEGXW XS LMQ EW MJ LI LEW KMZIR RSXLMRK FYX LI LEW KMZIR XIR 8LI VIEWSR E [SQER XIRHW XS VIHYGI E QER W TSMRXW XLMW [E] MW YWI WLI JIIPW YRPSZIH

8LI YRIUYEP WGSVI QEOIW LIV JIIP XLEX WLI

FIGEYWI WLI JII *IIPMRK YRPSZIH WLI JMRHW MX ZIV] HMJJMGYPX XS ETTVIGMEXI IZIR XLI XIR TSMRXW LI GER PIKMXMQEXIP] GPEMQ 3J GSYVWI XLMW MWR X JEMV FYX MX MW LS[ MX [SVOW ;LEX KIRIVEPP] LETTIRW MR E VIPEXMSRWLMT EX XLMW TSMRX MW XLI QER JIIPW YRETTVIGMEXIH ERH PSWIW LMW QSXMZEXMSR XS HS QSVI VIWIRXQIRX JPY

,I GEXGLIW XLI

7LI XLIR GSRXMRYIW XS JIIP QSVI VIWIRXJYP

ERH XLI

WMXYEXMSR KIXW [SVWI ERH [SVWI ,IV VIWIRXQIRX JPY KIXW [SVWI ;LEX 7LI 'SR (S 8LI [E] SJ WSPZMRK XLMW TVSFPIQ MW XS YRHIVWXERH MX GSQTEWWMSREXIP] JVSQ FSXL WMHIW

,I RIIHW XS FI ETTVIGMEXIH

[LMPI WLI RIIHW XS JIIP

WYTTSVXIH 3XLIV[MWI XLIMV WMGORIWW KIXW [SVWI 8LI WSPYXMSR XS XLMW VIWIRXQIRX MW JSV LIV XS XEOI VIWTSRWMFMPMX] 7LI RIIHW XS XEOI VIWTSRWMFMPMX] JSV LEZMRK GSRXVMFYXIH XS LIV TVSFPIQ F] KMZMRK QSVI ERH PIXXMRK XLI WGSVI KIX WS YRIZIR 7LI RIIHW XS XVIEX

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% QENSV WSYVGI SJ PSZI JSV E QER MW XLI PSZMRK VIEGXMSR XLEX E [SQER LEW XS LMW FILEZMSV ,I LEW E PSZI XERO XSS FYX LMW MW RSX RIGIWWEVMP] JMPPIH F] [LEX WLI HSIW JSV LMQ -RWXIEH MX MW QEMRP] JMPPIH F] LS[ WLI VIEGXW XS LMQ SV LS[ WLI JIIPW EFSYX LMQ ;LIR E [SQER TVITEVIW E QIEP JSV E QER LI KMZIW LIV SRI TSMRX SV XIR TSMRXW HITIRHMRK SR LS[ WLI MW JIIPMRK XS[EVH LMVR -J E [SQER WIGVIXP] VIWIRXW E QER E QIEP WLI QE] GSSO JSV LMQ [MPP QIER ZIV] PMXHI XS LMQ LI QE] IZIR KMZI QMRYW TSMRXW FIGEYWI WLI [EW VIWIRXMRK LMQ 8LI WIGVIX XS JYPJMPPMRK E QER PMIW Q PIEVRMRK XS I\TVIWW PSZI XLVSYKL ]SYV JIIPMRKW RSX RIGIWWEVMP] XLVSYKL ]SYV EGXMSRW 4LMPSWSTLMGEPP] WTIEOMRK [LIR E [SQER JIIPW PSZMRK LIV FILEZMSV [MPP EYXSQEXMGEPP] I\TVIWW XLEX PSZI ;LIR E QER I\TVIWWIW LMQWIPJ MR PSZMRK FILEZMSV EYXSQEXMGEPP] LMW JIIPMRKW [MPP JSPPS[ ERH FIGSQI QSVI PSZMRK )ZIR MJ E QER MW RSX JIIPMRK LMW PSZI JSV E [SQER LI GER WXMPP HIGMHI XS HS WSQIXLMRK PSZMRK JSV LIV -J LMW SJJIVMRK MW VIGIMZIH ERH ETTVIGMEXIH XLIR LI [MPP FIKMR XS JIIP LMW PSZI JSV LIV EKEMR (SMRK MW ER I\GIPPIRX [E] XS TVMQI E QER W PSZI TYQT ,S[IZIV [SQIR EVI ZIV] HMJJIVIRX % [SQER KIRIVEPP] HSIW RSX JIIP PSZIH MJ WLI HSIWR X JIIP GEVIH EFSYX YRHIVWXSSH SV VIWTIGXIH 1EOMRK E HIGMWMSR XS HS WSQIXLMRK QSVI JSV LIV TEVXRIV ;MPP RSX LIPT LIV JIIP QSVI PSZMRK -RWXIEH MX QE] EGXYEPP] JYIP LIV VIWIRXQIRX ;LIR E [SQER MW RSX JIIPMRK LIV PSZMRK JIIPMRKW WLI RIIHW XS JSGYW LIV IRIVKMIW HMVIGXP] SR LIEPMRK LIV RIKEXMZI JIIPMRKW ERH HIJMRMXIP] RSX SR HSMRK QSVI

% QER RIIHW XS TVMSVMXM^I PSZMRK FILEZMSV

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7LI EWOW JSV LMW WYTTSVX [MXLSYX FIMRK HIQERHMRK [LIR LI EWWYQIW XLI WGSVI MW WSQI[LEX IZIR

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E [SQER W EFMPMX] XS KMZI PSZI EX HMJJMGYPX

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[LMGL MW [LEX WLI [SYPH [ERX WLI GER QSVI WYGGIWWJYPP] JSGYW

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;LIR RIKEXMZI IQSXMSRW GSQI YT

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7LI HSIWR X VIEPM^I LS[ RIKEXMZI ERH LYVXJYP LIV

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8LMW MW SYV PEWX RMKLX FIJSVI

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

-

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- EQ WSVV] ]SY HMHR X KIX ]SYV QEMP - [MWL - LEH KSXXIR XLEX

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T

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

.IVV] 6MIJSPH

JSV EP[E]W FIMRK XLIVI - XLERO 'PMJJSVH 1G+YMVI JSV LMW GSRXMRYIH JVMIRHWLMT SJ X[IRX] ]IEVW GSYPH RSX EWO JSV E FIXXIV WSYRHMRK FSEVH ERH JVMIRH