Академический Документы
Профессиональный Документы
Культура Документы
+PIBOOFT4FJEFNBOO
8PSME4QJDF1MBOUT
8JUI'JHVSFT
%S+PIBOOFT4FJEFNBOO
/FVFOEPSGFSTUSBTTF
%1PUTEBN
&.BJMKTFJEFNBOO!BSDPSEF
(FSNBOZ
-JCSBSZPG$POHSFTT$POUSPM/VNCFS
5IJTXPSLJTTVCKFDUUPDPQZSJHIU"MMSJHIUTBSFSFTFSWFE
XIFUIFSUIFXIPMFPSQBSUPGUIFNBUF
SJBMJTDPODFSOFE
TQFDJGJDBMMZUIFSJHIUTPGUSBOTMBUJPO
SFQSJOUJOH
SFVTFPGJMMVTUSBUJPOT
SFDJUBUJPO
CSPBEDBTUJOH
SFQSPEVDUJPOPONJDSPGJMNPSJOBOZPUIFSXBZ
BOETUPSBHFJOEBUBCBOLT%VQMJ
DBUJPOPGUIJTQVCMJDBUJPOPSQBSUTUIFSFPGJTQFSNJUUFEPOMZVOEFSUIFQSPWJTJPOTPGUIF(FSNBO
$PQZSJHIU-BXPG4FQUFNCFS
JOJUTDVSSFOUWFSTJPO
BOEQFSNJTTJPOGPSVTFNVTUBMXBZT
CF PCUBJOFE GSPN 4QSJOHFS7JPMBUJPOT BSF MJBCMF UP QSPTFDVUJPO VOEFS UIF (FSNBO $PQZSJHIU
-BX
4QSJOHFSJTBQBSUPG4QSJOHFS4DJFODF#VTJOFTT.FEJB
TQSJOHFSPOMJOFDPN
4QSJOHFS7FSMBH#FSMJO)FJEFMCFSH
1SJOUFEJOUIF&VSPQFBO6OJPO
5IF VTF PG SFHJTUFSFE OBNFT
USBEFNBSLT
FUD JO UIJT QVCMJDBUJPO EPFT OPU JNQMZ
FWFO JO UIF
BCTFODFPGBTQFDJGJDTUBUFNFOU
UIBUTVDIOBNFTBSFFYFNQUGSPNUIFSFMFWBOUQSPUFDUJWFMBXT
BOESFHVMBUJPOTBOEUIFSFGPSFGSFFGPSHFOFSBMVTF
1SPEVDUMJBCJMJUZ5IFQVCMJTIFSTDBOOPUHVBSBOUFFUIFBDDVSBDZPGBOZJOGPSNBUJPOBCPVUUIF
BQQMJDBUJPOPGPQFSBUJWFUFDIOJRVFTBOENFEJDBUJPOTDPOUBJOFEJOUIJTCPPL*OFWFSZJOEJWJEVBM
DBTFUIFVTFSNVTUDIFDLTVDIJOGPSNBUJPOCZDPOTVMUJOHUIFSFMFWBOUMJUFSBUVSF
&EJUPS5IPNBT.BHFS
)FJEFMCFSH
%FWFMPQNFOU&EJUPS"OESFX4QFODFS
)FJEFMCFSH
1SPEVDUJPO&EJUPSBOE5ZQFTFUUJOH'SBOL,SBCCFT
)FJEFMCFSH
$PWFSEFTJHO&SJDI,JSDIOFS
)FJEFMCFSH
41*/ GLoo1SJOUFEPOBDJEGSFFQBQFS
'PSFXPSE
*UJTBQMFBTBOUGBDUUIBUHFOFSBMDPOTDJPVTOFTTPGIFBMUIBOEEJFUJTHSPXJOH
UIVTFOBCMJOHUIFQVCMJD
CZNFBOTPGBCBMBODFEEJFU
UPQBSUJDJQBUFJOQSFTFS
WJOHHMPCBMIFBMUI4QJDFTBOEBSPNBUJDQMBOUTIBWFBSPMFUPQMBZJOUIJTXIJDI
TIPVMEOPUCFVOEFSFTUJNBUFE*UJOWPMWFTOPUPOMZUIFVTFPGTQJDFTJOQSFQB
SJOHHPPEUBTUJOHNFBMT
CVUFRVBMMZUIFJODSFBTJOHVTFPGTQJDFTJOBMMBSFBTPG
UIF GPPE JOEVTUSZ
BOE BMTP JO QIBSNBDZ BOE NFEJDJOF F PCTFSWBUJPOT PG
PVSBODFTUPSTUIBUDFSUBJOIFSCTBOEUIFJSQBSUT MFBWFT
GSVJUTBOETFFET
OPU
POMZJNQSPWFUIFBWPSPGGPPETCVUIBWFBQPTJUJWFFFDUPOPVSIFBMUIBSFBSF
CFJOHUVSOFEUPHPPEVTF
*OJUJBMMZ
PVSGPSFGBUIFSTDPMMFDUFEPOMZMPDBMQMBOUT#VUWJBGPSFJHOUSBEF
WPZBHFT PG EJTDPWFSZ
NJHSBUJPO BOE FWFO XBST UIFZ DBNF JOUP DPOUBDU XJUI
OFXQMBOUT
JODMVEJOHNBOZTQJDFTGSPNPUIFSHFPHSBQIJDBMBSFBTFPMEFTU
TQJDFEJTDPWFSJFTXFSFNBEFJO.FYJDPFOBUJWF.FYJDBOTXFSFTQJDJOHUIFJS
NFBMT XJUI DIJMMJ BT FBSMZ BT #$ 'PS UIF XFTUFSO XPSME UIF PSJHJOT PG
TQJDFTXBT*OEJB'JWFUIPVTBOEZFBSTBHPUIFSFXBTBMSFBEZBOFYUFOTJWFOFU
XPSL PG USBEF SPVUFT SBOHJOH GSPN $IJOB UP *OEJB
1FSTJB
.FTPQPUBOJB BOE
&HZQUFSFNBJOTPGDFSUBJOTQJDFT BOJTFFE
GFOVHSFFL
GFOOFM
DBSEBNPN
DBSBXBZ
TBSPOBOEDJOOBNPO
XFSFGPVOEJOUIFQZSBNJET
JOEJDBUJOHUIFJS
VTFBTCVSJBMHJT*OUIFXPSMEPGUIFQIBSBPIT
TQJDFTXFSFOPUSFTFSWFEGPS
UIFSVMJOHDMBTTFT
UIFNFBMTPGUIFTMBWFTXFSFBMTPTQJDFEJTXBTOPUBOBDU
PGDIBSJUZCVUXBTJOUFOEFEUPQSFTFSWFUIFIFBMUIPGUIFXPSLGPSDF&HZQUJBO
DPOTUSVDUJPOXPSLFSTSFCFMMFEBSPVOE#$CFDBVTFHBSMJD
XIJDIXBTJN
QPSUBOUGPSDPVOUFSBDUJOHUIFOFHBUJWFIFBMUIFFDUTPGCVJMEJOHUIFQZSBNJET
IBECFFOSFNPWFEGSPNUIFJSEJFUQMBO UIFSTUTUSJLFJOIJTUPSZ
FTJH
OJDBODFPGTQJDFTBUUIBUUJNFDBOCFHMFBOFEGSPNUIFDPMMFDUJPOPGSFDJQFT
FOUJUMFEt1BQZSVT&CFSTi
XIJDIXBTXSJUUFOJO#$BUUIF3JWFS/JMF
'PSDFOUVSJFTTQJDFTXFSFUSBOTQPSUFEBMPOHUIFDBSBWBOUSBJMTGSPN$IJOB
BOE*OEJBUP&VSPQFF4JML3PBEXBTPOFPGUIFNPSFGBNPVTPGUIFTFUSBEF
SPVUFT
%FTQJUFUIFJSMPOHUSBEJUJPOTQJDFTBSFTVCKFDUUPJOUFSOBUJPOBMNPEFSOTDJ
FOUJDSFTFBSDIJTIBTNBEFJUOFDFTTBSZUPEJTTFNJOBUFLOPXMFEHFUPBMBSHF
BVEJFODF PG JOUFSFTU JT CPPL BEESFTTFT UIJT OFFE CZ JOGPSNJOH UIF SFBEFS
BCPVUUIFDPNQMFYXPSMEXJEFVTFPGTQJDFQMBOUT
FNBOZTQJDFBOEBSPNBUJDQMBOUTBSFBSSBOHFEJOBMQIBCFUJDBMPSEFSPG
UIFJS CPUBOJDBM SFMFWBODF *U JODMVEFT BMM TQFDJFT XIJDI IBWF CFFO DVMUJWBUFE
GPSUIFBCPWFQVSQPTFT*UBMTPDPWFSTTQFDJFTXIPTFVTBHFIBTMPOHDFBTFEPS
XIJDIBSFVTFEPOMZSBSFMZPSIBWFCFDPNFXJME*OUIJTSFTQFDUXFIBWFBJNFE
BUDPNQSFIFOTJWFOFTT'VSUIFSNPSF
XFIBWFJODMVEFEQMBOUTVTFEBTQPUIFSCT
PS XIPTF BTIFT BSF VTFE BT B TVCTUJUVUF GPS DPPLJOH TBMU
PS UIPTF VTFE BT B
CBTJTPGWBSJPVTDPOEJNFOUTTVDIBTNVTUBSE
TPZTBVDF
LFUDIVQ
FUD
PSBSF
VTFEUPBEEBSPNBUPGPPET
MJLFTQJSJUT*OUPUBMPWFSQMBOUTIBWFCFFO
DPMMBUFE4PNFPGUIFNBSFSFMFWBOUPOMZUPBDFSUBJOSFHJPO1MBOUTBOEUIFJS
7* 'PSFXPSE
FYUSBDUTPSFUIFSFBMPJMTVTFEFYDMVTJWFMZJOQFSGVNFTBOEDPTNFUJDTIBWFOPU
CFFOJODMVEFE
FSFHJTUFSPGMJUFSBUVSFIBTCFFOEFTJHOFEUPGBDJMJUBUFJOUFOTJWFTUVEZPG
BTQFDJDQMBOUPSTQJDFFBOBMZTJTPGTDJFOUJDMJUFSBUVSFmQBSUJDVMBSMZPWFS
UIFMBTUZFBSTmXBTBDIJFWFECZNFBOTPGPSJHJOBMXPSLT
TQFDJBMJTUKPVS
OBMT
UFYUCPPLT
UIFTFDPOEBSZMJUFSBUVSFNFOUJPOFEJOBMMPGUIFTFBTXFMMBT
PVSPXOEBUBCBTF8PSLTCPUIPOCPUBOZBOEBHSJDVMUVSF
BOEPODIFNJTUSZ
QIBSNBDPEZOBNJDTBOEVTBHFIBWFCFFODPOTJEFSFE*UDBOCFTFFODMFBSMZUIBU
JOEJWJEVBM TQJDFT IBWF CFFO USFBUFE WFSZ EJFSFOUMZ 8IJMTU UIF MJUFSBUVSF PO
NBOZTQJDFTJTBMNPTUOFWFSFOEJOH
FH"MMJVN
$BQTJDVN
(MZDJOF
.FOUIB
0DJNVN
0SJHBOVN
7BOJMMBBOE;JOHJCFS
BGFXTQJDFTBSFDPNQMFUFMZMBDLJOH
BOZTJHOJDBOUJOGPSNBUJPOUPGBMMCBDLPO*OBGFXJOEJWJEVBMDBTFTPVSPXO
QFSTPOBMFYQFSJFODFTBSFJODMVEFE
F CPPL JT BJNFE QSJODJQBMMZ BU TQJDF BOE BSPNB FYQFSUT
QIBSNBDJTUT
CPUBOJTUTBOEJOUFSFTUFEMBZQFSTPOT#VUXFBMTPIBEJONJOEGPPEDIFNJTUT
EJFUJDJBOTBOEBHSJDVMUVSBMTDJFOUJTUT
GPSXIPNCPUBOZ
DIFNJTUSZBOEQIBSNB
DPMPHJDBMBTQFDUTNBZCFPGJOUFSFTU*UJTIPQFEUIBUUIPTFPDDVQJFEJOUIFTQJDF
BOEBSPNBJOEVTUSZJOWPMWFEJODSFBUJOHTQJDFCMFOETBOEUIFMJLFXJMMBMTPUBLF
JOTQJSBUJPOGSPNUIFCPPL
FNBOZDPMPSJMMVTUSBUJPOTXJMMIPQFGVMMZBDRVBJOUUIFSFBEFSXJUICPUI
XFMMBOEMFTTFSLOPXOTQJDFQMBOUTBOEXJUIUIFTQJDFTGSPNWBSJPVTHFPHSB
QIJDBMBSFBT
*UJTXJUIHSFBUQMFBTVSFUIBU*UIBOLBMMUIPTFDPMMFBHVFTXIPPFSFEBEWJDF
BOEXFSFIBQQZUPBOTXFSNZRVFTUJPOT8JUIPVUUIFHFOFSPVTBTTJTUBODFPG
UIF#PUBOJDBM(BSEFOBOEUIF#PUBOJDBM.VTFVNJO#FSMJO%BIMFNUIJTCPPL
XPVMEOPUIBWFCFFOQPTTJCMF*OQBSUJDVMBS*XPVMEMJLFUPUIBOLUIF%JSFDUPST
%ST)BLLJBOE3BVTGPSUIFJSJOUFSFTUBOEEJTDVTTJPOTFZHSBOUFENF
QFSNJTTJPOUPVTFUIFJSWFSZFYUFOTJWFMJCSBSZBOEBSDIJWFBTXFMMBTUIFIFS
CBSJVNBOEUIFMBSHFDPMMFDUJPOTXIJDIBDRVBJOUFENFXJUINBOZVOLOPXO
TQJDFTBOEBSPNBUJDQMBOUTBOEUIFJSWBSJPVTQBSUT.ZQBSUJDVMBSUIBOLTHPUP
%S1FUFS4DIBSG
GPSNFSMZPGUIF#PUBOJDBM*OTUJUVUFPGUIF6OJWFSTJUZPG1PUT
EBN
GPSSFBEJOHUISPVHIUIFNBOVTDSJQU*BNBMTPHSBUFGVMUP.S)%/FV
XJOHFS4U-FPOGPSJOWBMVBCMFJOGPSNBUJPOQBSUJDVMBSMZPO"GSJDBOQMBOUTVTFE
BTTQJDFT"OEMBTUCVUOPUMFBTU*UIBOL%S.BHFSBOE.S"4QFODFSPG
4QSJOHFS7FSMBHXIPBDDPNNPEBUFENBOZPGNZXJTIFTDPODFSOJOHUIFMBZPVU
BOEDPOUFOUPGUIFCPPL
"VUIPSBOEQVCMJTIFSBSFGVMMZBXBSFUIBUBXPSLPGUIJTLJOEDBOOFWFSCF
FYIBVTUJWFBOEUIBUQPTTJCMFJOBDDVSBDJFTBOEHBQTBSFVOBWPJEBCMF)JOUTGPS
BEEJUJPOTBOEJNQSPWFNFOUTCZUIFSFBEFSTIJQXJMMCFWFSZXFMDPNF
1PUTEBN"QSJM
+PIBOOFT4FJEFNBOO
4USVDUVSFPG&OUSJFT
FTQJDFQMBOUT
QMBOUTQJDFTBOEBSPNBUJDQMBOUTmIFSFBFSSFGFSSFEUPDPMMFD
UJWFMZBTTQJDFTmBSFBSSBOHFEJOBMQIBCFUJDBMPSEFSPGUIFJSTDJFOUJDHFOVT*O
UIFDBTFPGNVMUJQMFTQFDJFTPGBHFOVTUIFBSSBOHFNFOUPGUIFTFJTBMTPBMQIB
CFUJDBM4ZOPOZNTIBWFCFFOJODMVEFEXJUIUIFTQFDJFTOBNFT0GUIFNZSJBE
MPDBMOBNFTGPSTQJDFTPOMZUIFNPSFDPNNPOIBWFCFFOJODMVEFEFZBSF
GPMMPXFECZUIFVTBHFPGQMBOUTBOEXIJDIQBSUTBSFVTFEBTTQJDFT
UPHFUIFS
XJUIJOGPSNBUJPOPOUIFJSHFPHSBQIJDBMEJTUSJCVUJPOBOEBSFBTPGDVMUJWBUJPO
BOEOBMMZBMJTUPGUIFSFMFWBOUMJUFSBUVSF
.BOZMFTTFSLOPXOQMBOUTIBWFCFFOJODMVEFEXIPTFVTBHFJTCBTFEPOQFS
TPOBMFYQFSJFODFTPOUSBWFMTBOEUIPTFPGPVSDPMMFBHVFT*OUIFTFDBTFTUIFSFJT
PFOOPMJUFSBUVSFBWBJMBCMF
4DJFOUJGJD/BNFT
FTDJFOUJDQMBOUOBNFTXJUIUIFJSBVUIPSOBNFTBSFJOBDDPSEBODFXJUIUIF
*OUFSOBUJPOBM$PEFPGUIF#PUBOJDBM/PNFODMBUVSF *$#/
PG DG;BOEFS
)BOEXSUFSCVDIEFS1BO[FOOBNFO
FEO6MNFS
4UVUUHBSU
PS)B
OFMU1
.BOTGFMET&ODZDMPQFEJBPG"HSJDVMUVSBMBOE)PSUJDVMUVSBM$SPQT
4QSJOHFS
)FJEFMCFSH#FSMJO/FX:PSL
*UJTFNQIBTJ[FEUIBUUIFPMEFTUQVCMJ
DBUJPOEFUFSNJOFTUIFOPNFODMBUVSFPGBUBYPOPNJDBMHSPVQ7BSJFUJFT
UZQFT
BOETPSUTIBWFCFFOJODMVEFEPOMZJOSBSFDBTFT
4ZOPOZNT
FNPTUJNQPSUBOUQMBOUTZOPOZNTBSFJODMVEFEGPSFBDITQJDFFTFBSFMJT
UFEBMQIBCFUJDBMMZXJUIBDSPTTSFGFSFODFUPUIFPDJBMQMBOUOBNF
$PNNPO/BNFT
-JTUFE BFS UIF &OHMJTI PS BOHMJDJ[FE OBNF BSF PUIFS DPNNPO OBNFT MJTUFE
BMQIBCFUJDBMMZCZMBOHVBHFPSSFHJPOPGVTBHF
*ODMVTJPO PG UIF WBSJPVT WFSOBDVMBS QMBOU OBNFT JO EJFSFOU MBOHVBHFT
XBT BDIJFWFE CZ SFGFSFODF UP UIF MJUFSBUVSF
CPUI CPPLT BOE KPVSOBMT PO UIF
TVCKFDUBOEEFEJDBUFEEJDUJPOBSJFTPGQMBOUOBNFT )BOFMU
2VBUUSPDDIJ
,BZT%JBTBOE8JFSTNB-FPO
FUD
JTXBTOPUBMXBZT
FBTZ
QBSUJDVMBSMZXJUI$IJOFTF
*OEJBOBOE"GSJDBOOBNFTEVFUPUIFJSTIFFS
OVNCFS
UIFTJ[FPGUIFDPVOUSJFTBOEUIFNBOZUSJCFTBOEQFPQMFT0OMZUIF
NPSFDPNNPOOBNFTIBWFCFFOJODMVEFE
6TBHF
)FSFUIFSFBSFTIPSUEFUBJMTPGVTBHFBTTQJDF
QPUIFSC
JOHSFEJFOUGPSDPOEJ
NFOUTBOEUIFBWPSJOHPGGPPEBOEEJTIFT1MBOUBTIFTVTFEBTBTVCTUJUVUFGPS
TBMUBSFMJTUFEVOEFSDPOEJNFOUT
7*** 4USVDUVSFPG&OUSJFT
1MBOU1BSUT
*O UIF DPVSTF PG TUVEZJOH UIF MJUFSBUVSF JU CFDBNF FWJEFOU UIBU EFUBJMT PG UIF
VTFEQMBOUQBSUTJTPFONJTTJOH*OUIFDBTFPGCFUUFSLOPXOQMBOUTUIFTFBSF
BMSFBEZLOPXO
CVUJUJTBNJTUBLFUPBTTVNFUIBUUIFQBSUTBSFBMXBZTUIFTBNF
GPSEJFSFOUTQFDJFTPGBHFOVT'PSJOTUBODF
QFQQFSEPFTOPUBMXBZTQSPWJEF
JUTGSVJUGPSBWPVSJOHCVUJOTPNFDBTFTPOMZUIFMFBWFT$POWFSTFMZ
NVMUJQMF
QBSUTPGTPNFQMBOUTDBOCFVTFE
BTXJUIGPSFYBNQMFDPSJBOEFSBOEQBSTMFZ
XIFSFUIFGSVJUBOEUIFTFFET
MFBWFTBOETPNFUJNFTFWFOUIFSPPUTBSFVTFE
%JTUSJCVUJPO
%FUBJMTPGEJTUSJCVUJPOBSFHJWFO
XIFSFWFSQPTTJCMF
VOJGPSNMZmJOTPNFDBTFT
JOUIFHFOFSBMBSFB
MJLF/PSUI"NFSJDBXJUI$BOBEB
4PVUIPS-BUJO"NFSJ
DBGSPN.FYJDPUP5FSSBEFM'VFHP&VSPQF&BTU"TJBUIF/FBS&BTU"GSJDB
"VTUSBMJBBOE/FX;FBMBOE
CVUBUPUIFSUJNFTDPOOFEUPBDFSUBJO[POF
MJLF
/PSUIPS8FTU"GSJDB
PS$FOUSBM"NFSJDB8IFSFUIFEJTUSJCVUJPOPGBTQFDJFT
JTMJNJUFEUPBWFSZTNBMMBSFB
EFUBJMTPGUIFDPVOUSJFT
TUBUFTPSQSPWJODFTIBWF
BMTPCFFODPOTJEFSFE
/PUFT
)FSF XF IBWF HJWFO TQFDJBM OPUFT PO JOEJWJEVBM QMBOUT
TVDI BT PO UBTUF
PO
UZQFT
FHHSFFOBOEXIJUFQFQQFSXJUI1JQFSOJHSVN
PSPOEJTDPWFSZ
FHXJUI
.FOUIBQJQFSJUB
-JUFSBUVSF
"TFMFDUJPOPGQVCMJDBUJPOTPOXIJDIUIFJOGPSNBUJPOQSFTFOUFEJOUIFCPPL
JTCBTFEJTHJWFOXJUIFBDIFOUSZ)FSFXFIBWFSFEVDFEUIFSFGFSFODFUPOBNF
BOEZFBSPGQVCMJDBUJPOGPSTJOHMFXPSLT
BOEJOUIFDBTFPGMBSHFSNVMUJWPMVNF
XPSLT XF IBWF BEEFE UIF WPMVNF OVNCFS " DPNQMFUF MJUFSBUVSF MJTU
TPSUFE
BMQIBCFUJDBMMZCZBVUIPS
JTJODMVEFEBUUIFFOEPGUIFCPPL8IFSFNPSFUIBO
POFXPSLIBTBQQFBSFECZUIFTBNFBVUIPSJOBZFBSUIFTFIBWFCFFONBSLFE
B BOE C
FH 4FJEFNBOO B 8JUI UIF BCCSFWJBUJPOT PG KPVSOBMT XF IBWF
BEIFSFEUPUIFJOUFSOBUJPOBMTUBOEBSE
XIFSFCZDMBSJUZIBTCFFOHJWFOQSJPSJUZ
PWFSDPODJTFOFTT
"
"
"CFMNPTDIVT.FEJL
.BMWBDFBF
"CFMNPTDIVTGJDVMOFVT8JHIUFU"SO
"CFMNPTDIVTNPTDIBUVT.FEJL
"CFMNPTDIVTNPTDIBUVT.FEJLTTQ
NPTDIBUVT.FEJL
4ZOPOZNT"CFMNPTDIVTDVMOFVT8JHIUFU"SO
)JCJT
DVTBCFMNPTDIVT-
)JCJTDVTNPTDIBUVT4BMJTC
$PNNPO/BNFTBCFMNPTLTFFE
BNCSFUUFTFFE
BNCFS
TFFE
NVTLNBMMPX
NVTLPLSB"SBCJDBCVFMNJTL
GBUIFS PG NPTDIVT
BCVFMNPTL
CBNJB #SB[JM
1PSUVHVFTF
BCFMNPTDP
BNCBSJOP 'SFODI BN
CSFUUF
LFUNJF NVTRVF (FSNBO "CFMNPTDIVT
TBNFO
"NCSBNBMWF
"NCSFUUF
#JTBNLSOFS
.VTLBUFMMFS&JCJTDI )JOEJ BMHBMJB
NVTIL EBOB
*UBMJBO BCFMNPTDP
BNCSFUUB +BQBOFTF SZ LZ
UPSPSPBPJ.FYJDBO%PB&MWJSB1JMJQJOPLBTUV "CFMNPTDIVTNPTDIBUVT
GMPXFSJOH
MJ
EBMVQBOH
EBPQBOH
NBSBQPUP3VTTJBOCBNJKB
IJCJTLVT 4BOTLSJU MBUBLBTUVSJ 4QBOJTI BCFMNPT
DP
BMHBMJB
BNCBSDJMMP
BNCBSJOB
DBGFYUSBOKFSP
#PJT #VSLJMM
$IFFST $SBWP FU BM %BTUVS
BJDIBNPUUPO
TPNDIBCB
NBIBLBEBFOH &SIBSEUFUBM)BHFS
)BOFMU)JMMFS.FM[JH
6TBHFTQJDF
BWPSJOH PG DPFF JO "SBCJBO SFHJPOT )PQQF/FFFUBM0ZFO%VOH4DIVMU[F.P
QSPEVDUFTTFOUJBMPJM MJRVFVST
UPCBDDPJOEVTUSZ
UFM4FJEFNBOOD4IBSNB4IJWBFUBM4NBMM
1BSUT6TFETFFE 5VGFMFUBM5VSPWBFUBM6QIPG7JMMBNBSFU
BM8JFSTFNB-FO8TUFOGFME)BFOTFM;FWFO
%JTUSJCVUJPO& "GSJDB
*OEJBO UP / "TJB
.BMBZTJB
/
EF8FU
"VTUSBMJB
XJEFMZDVMUJWBUFEJOUSPQJDBMBOEXBSN
FSDPVOUSJFT
4QSJOHFS7FSMBH#FSMJO)FJEFMCFSH
"CSVT"EBOT*OEJBO-JRVPSJDF'BCBDFBF -FHVNJOPTBF
" "CSVT"EBOT*OEJBO-JRVPSJDF
'BCBDFBF -FHVNJOPTBF
"DFS-.BQMF
"DFSBDFBF
"CSVTQSFDBUPSJVT- "DFSNBDSPQIZMMVN1VSTI
"DBOUIPQBOBY %FDOFFU1MBODI
.JR
"SBMJBDFBF "DFUPTBTDVUBUB -
.JMM
3VNFYTDVUBUVT-
"DBOUIPQBOBYBDVMFBUVN4FFN
"DBOUIPQBOBYUSJGPMJBUVN -
7PTT "DIBTNBXBMBOH #MVNF
7BM
&UMJOHFSBXBMBOH #MVNF
3.4NJUI
"DBOUIPQBOBYUSJGPMJBUVN -
7PTT
4ZOPOZNT"DBOUIPQBOBYBDVMFBUVN4FFN "DIJMMFB-:BSSPX
$PNNPO/BNFT%SFJCMUUSJHF'JOHFSBSBMJF "TUFSBDFBF $PNQPTJUBF
6TBHFQPUIFSC
1BSUT6TFEMFBG
%JTUSJCVUJPO*OEJB/&IJMMT
"TTBN "DIJMMBFBHFSBUVN-
"SPSB1BOEFZ8)0.BOJMB 4ZOPOZNT"DIJMMBFEFDPMPSBOT4DISBE
$PNNPO/BNFTHBSEFONBDF
TXFFUOBODZ
TXFFUZBS
SPX (FSNBO (BSUFO4DIBGHBSCF
4F 4DIBG
HBSCF
6TBHFTQJDF
1BSUT6TFEMFBG
IFSC
%JTUSJCVUJPO8&VSPQF*CFSJB
'SBODF
&OHMBOE
$SPB
UJB
"DIJMMFB-:BSSPX"TUFSBDFBF $PNQPTJUBF
4ZOPOZNT1UBSNJDBBUSBUB -
%$
$PNNPO/BNFTCMBDLFEHFE ZBSSPX 'SFODI BDIJMMF
OPJSF (FSNBO 4DIXBS[F 4DIBGHBSCF
4DIXBS[ "DIJMMFBNJMMFGPMJVN-
SBOEJHF4DIBGHBSCF
6TBHFTQJDFQSPEVDUPG*WBMJRVFVST $PNNPO/BNFTDPNNPO ZBSSPX
GSBHSBOU ZBSSPX
1BSUT6TFEIFSC NJMGPJM
OPTFCMFFE
8FTUFSOZBSSPX
XPVOEFSXPSU
%JTUSJCVUJPO&VSPQF"MQJOFSFHJPOTPG(FSNBOZ
"VT ZBSSPX IFSC
#SB[JM 1PSUVHVFTF
NJMGPMIBT$IJ
USJB
'SBODF
*UBMZ
4XJU[FSMBOE
"VTUSJB
4MPWFOJB OFTF ZBOH TIJ DBP 'SFODI BDIJMF NJMMFGFVJMMF
IFSCF BVY DIBSQFOUJFST
NJMMFGFVJMMF (FSNBO
"JDIFMF4DIXFHMFS
#FSHFS
'MFJTDIIBVFS "DIJMMFTLSBVU
(FNFJOF 4DIBSGHBSCF
(FXIOMJ
)BHFS
4DIOGFMEFS6QIPG
DIF4DIBGHBSCF
8JFTFO4DIBGHBSCF
5BVTFOECMBUU
*OEJB CJSBOKBTJG
HBOEBNB
SPPBNBSJ
SPKNBSJ
*UBMJBO BDIJMMFB NJMMFGPHMJP +BQBOFTF OPLPHJSP
"DIJMMFBDMBWFOBF- T[PLV ,PSFBO DIPOJQUIPQQIVM 1PSUVHVFTF
NJMFGMJB 3VTTJBO UZTKBUTDIFMJTUOJL PCZLOPXFO
4ZOPOZNT1UBSNJDBDMBWFOBF%$ OZK4QBOJTIDJFOUPFOSBNB
NJMFOSBNB
NJMIPKBT
$PNNPO/BNFTCJUUFSZBSSPX'SFODIBDIJMMFBNSF PSEFQMVNB
(FSNBO #JUUFSF 4DIBGHBSCF
4UFJOSBVUF
8FJFS 6TBHFTQJDFBWPSJOH
4QFJL*UBMJBOFTTFO[JPPNCSFMMJGFSB 1BSUT6TFEGSFTIMFBG
6TBHFTQJDF %JTUSJCVUJPO&VSPQF
UFNQFSBUF "TJB
*OEJB
$BOBEB
1BSUT6TFEMFBG 64"
.FYJDP
.FTP"NFSJDB
"VTUSBMJB
/FX
%JTUSJCVUJPO"MQJOFBOETVCBMQJOFSFHJPOTPG4
4&&V ;FBMBOEXJEFMZOBUJWFFMTFXIFSF
SPQFMPXFS"VTUSJB
$SPBUJB
%BMNBUJB
#VMHBSJB
*UBMJBO1FOJOTVMB "HBSXBM "JDIFMF4DIXFHMFS
"OPO #FSHFS
#JMHSJ"EBN#SFNOFTT$IFFST$PJDJV3BD[
OPZFBS
$[ZHBO%VEUTDIFOLPFUBM&SJDITFO#SPXO
"JDIFMF4DIXFHMFS
&SIBSEUFUBM)BHFS
6Q
)BHFS
)BHHBHFUBM)BOFMU)FFHFS
IPG8JFSTFNB-FO
)JMMFS.FM[JH )PGGNBOO FU BM )PGNBOO'SJU[
)PINBOO FU BM )PQQF .JMMFS$IPX /FXBMM FU
BM0SUIFUBM
1TDIZSFNCFM3PUI,PSNBOO
4DIBMMFS4DIOGFMEFS4DIVMU[F.PUFM4IBS
"DIJMMBFEFDPMPSBOT4DISBE
NB4IBXMFUBM4VMFJNBOFUBM5VGFMFUBM
5VSPWBFUBM6CJMMPT6QIPG7JMMBNBSFUBM
"DIJMMBFBHFSBUVN- 8JFSTFNB-FO8ZLFUBM;JSWJ*LSBN
"DIJMMFBFSCBSPUUB"MMTTQNPTDIBUB 8VMG
*3JDIBSETPO "DIJMMFBNPTDIBUB8VMG
$PNNPO/BNFTOPCMFNJMGPJM
OPCMFZBSSPX(FSNBO
&EFM4DIBGHBSCF
6TBHFTQJDF TQPSBEJDBMMZ
BWPSJOH "DJOPTBMQJOVT -
.PFODI
1BSUT6TFEMFBG
%JTUSJCVUJPO&VSPQF
5VSLFZ
$BVDBTVT
GSFRVFOUMZDVM $PNNPO/BNFTBMQJOFDBMBNJOU'SFODIDBMBNFOUEFT
UJWBUFE "MQFT(FSNBO"MQFO4UFJORVFOEFM
6TBHFTQJDF SBSFMZ
"DIZSBOUIFT- &SIBSEUFUBM'MFJTDIIBVFS4DIOFMMF4NBMM
"NBSBOUIBDFBF
"DJOPTBSWFOTJT -BN
%BOEZ
"DIZSBOUIFTBTQFSB-
4ZOPOZNT"DJOPTUIZNPJEFT.PFODI$BMBNJOUIFBDJ
$PNNPO/BNFTQSJDLMZDIB PXFS
SPVHI DIB USFF
OPT $MBJSW
.BO
$BMBNJOUIBBSWFOTJT-BN
4B
8BTIFSNBOT QMBOU $IJOFTF EBP LPV DBP (FS UVSFKBBDJOPT -
4DIFFMF
NBO3BVILMFUUF*OEJBBHBWB
BQBNBSH
BQBNBS $PNNPO/BNFTCBTJM UIZNF
NPUIFS PG UIZNF
HBNV
BQBOH 1JMJQJOP IBOHPE
IBOHPS
IJHBE TQSJOH TBWPSZ 'SFODI CBTJMJD TBVWBHF (FSNBO
IJHBE
OJNJLJUBO7JFUOBNFTFDPOIBOHV
OHVSV 'FMERVFOEFM
4UFJORVFOEFM 3VTTJBO EVTDIFXLB
UBUOBN TUTDIFCSVTDILB
6TBHFQPUIFSC 6TBHFTQJDF TQPSBEJDBMMZ
BWPSJOH
1BSUT6TFEMFBG 1BSUT6TFEIFSC
%JTUSJCVUJPOUSPQJDBM BSFB
*OEJB
1BLJTUBO
OBUJWF JO %JTUSJCVUJPO&VSPQF
5VSLFZ
$BVDBTVT
/ *SBO
"TJB
4QBJO JOUSPEVDFEJO/"NFSJDB
/PUF6TFECZUIF4IBSJ$IBESBDFT "GSJDB
GPSNBL
JOHTBMUPWFSUIFQMBOU "JDIFMF4DIXFHMFS
$IFFST &SIBSEU FU BM
'MFJTDIIBVFS4NBMM5VDLFS6QIPG
%BTUVSW,PFOFO6QIPG
"DJOPTUIZNPJEFT.PFODI
"DIZSPDMJOF -FTT
%$
"TUFSBDFBF $PNQPTJUBF
"DJOPTBSWFOTJT -BN
%BOEZ
"DIZSPDMJOFTBUVSFJPJEFT%$ "DNFMMBPMFSBDFB -
3,+BOTFO
)BOFMU4DIVMU[F.PUFM
"DPSVT-4XFFUGMBH"DPSBDFBF
"DPSVT-4XFFUGMBH
"DPSBDFBF "
"DPSVTBTJBUJDVT/BLBJ
"DPSVTDBMBNVT-
"DPSVTDBMBNVT-
1BSUT6TFESIJ[PNF
%JTUSJCVUJPO4&"TJB
*OEJB
)JNBMBZB
4SJ-BOLBUP/ "DPSVTHSBNJOFVT4PM
$IJOB
4JCFSJB
+BQBO
.BMBZTJBJOUSPEVDFEUP&
$&VSPQF
$BOBEB
64"OBUJWFFMTFXIFSF 4ZOPOZNT"DPSVTIVNJMJT4BMJTC
/PUFF FTTFOUJBM PJM PG UIF "NFSJDBO USJCF "DPSVT $PNNPO/BNFT$IJOFTF TXFFU HSBTT
+BQBOFTF TXFFU
DBMBNVT- WBSBNFSJDBOVT 3BG
8VMBSFGSFF BH
HSBTT MFBG TXFFU BH $IJOFTF TIJ DIBOH QV
PG BTBSPOF F BTJBUJD USJCF IBT B IJHI BTB 'SFODI BDPSF GFVJMMFT EF HSBNJOF (FSNBO
SPOFDPOUFOU "OJTLBMNVT
+BQBOJTDIFS ,BMNVT
-BLSJU[F,BM
NVT *OEJB QBIBSJ CVDI +BQBOFTF TFLJTIP ,P
"HBSXBM "JDIFMF4DIXFHMFS
"MCFSUT.VMMFS SFBOTPLDIBOHQIP7JFUOBNFTFMBZZBN
YJOIQBV
#JMHSJ"EBN#PJT#PVSOPU$IFFST$PJDJV
DIV
3BD[ OP ZFBS
%BTUVS %VEUTDIFOLP FU BM &SIBSEU
FU BM &SJDITFO#SPXO 'MFJTDIIBVFS )BHFS
6TBHFTQJDF
)BOFMU )FFHFS )FQQFS )JMMFS.FM[JH 1BSUT6TFESIJ[PNF
)PINBOOFUBM)PQQF,FMMFS4UBIM
%JTUSJCVUJPO&"TJB*OEJB
$IJOB
BJMBOE
+BQBO
,P
,PTDIUTDIFKFX.B[[B.FMDIJPS,BTUOFS.PUMFZ SFB
.BMBZTJB
/FXBMMFUBM0QEZLF[DBOFUBM1PDIMKPC
LJO
1TDIZSFNCFM3BJOBFUBM4DIOFJEFS+V $IFFST&SIBSEUFUBM)BOFMU-FVOH3PUI
SFOJUTDI 4DIOGFMEFS 4FJEFNBOO D 4FJEFNBOO ,PSNBOO6QIPG8)08JFSTFNB-FO
4JFCFSU4IBSNB4IJWBFUBM4JFXFL4NBMM
4UBFTDIF4UBIM,FMMFS5VGFMFUBM5VSPWB
FUBM6QIPG8JFSTFNB-FO8TUFOGFME)BFOTFM
8ZLFUBM;FWFOEF8FU "DPSVTIVNJMJT4BMJTC
"DPSVTHSBNJOFVT4PM
"DSPEJDMJEJVN/FFTFU.BSUJVT-BVSBDFBF
"SPSB1BOEFZ)BHFS 0ZFO%VOH
"DSPEJDMJEJVNDBNBSB4DIPNC
1BSUT6TFETFFE "EBOTPOJBCBPCBC-
%JTUSJCVUJPO(VZBOB
"EBOTPOJBEJHJUBUB-
)PQQF
"EBOTPOJBEJHJUBUB-
"DSPEJDMJEJVNQVDIVSZNBKPS.F[
4ZOPOZNT"EBOTPOJBCBPCBC-
0DPUFBQVDIVSZNBKPS.BSU $PNNPO/BNFTNPOLFZ CSFBE USFF
DPSL USFF
DPN
NPO
CBPCBC
"GSJDBODBMBCBTI
+VEBTTCBH"SB
CJDIJKJE'SFODICBPCBC
DBMFCBTTJFSEV4OHBM
"DSPOZDIJB'PSTUFSFU('PSTUFS QBJO EF TJOHF (FSNBO "GSJLBOJTDIFS "FOCSPU
3VUBDFBF CBVN
"FOCSPUCBVN
#BPCBC *OEJB HPSBLI
BNMJ
HPSBLI DIJODI
NBHJNBWV
LBMQ *UBMJBO
CBPCBC
DBMBCBDFJSB1PSUVHVFTFCBPCBC3VTTJBO
"DSPOZDIJBMBVSJGPMJB#M CBPCBC4QBOJTICBPCBC4XBIJMJNCVZV
6TBHFQPUIFSC
"DSPOZDIJBQFEVODVMBUB -
.JR 1BSUT6TFEMFBG
%JTUSJCVUJPOUSPQJDBM"GSJDB
.BEBHBTDBS
"SBCJBO1FO
JOTVMBXJEFMZOBUJWFJOUIF5SPQJDT
"DSPOZDIJBPEPSBUB -PVS
#BJMM
"L"TTJ(VJOLP#FOEFM$IFFST$IFWBMJFS
%BTUVS )BOFMU *KPNBI FU BM W ,PFOFO
4ZOPOZNT$ZNJOPTNB PEPSBUB %$
+BNCPMJGFSB PEP
,SFNFS+BFHHJ -FXJOHUPO 4DIFODL/BVOEPSG
SBUB-PVS 4DIVMU[F.PUFM4FJEFNBOOD5VGFMFUBM5PVSZFU
6TBHFDPOEJNFOU JO.BMBZTJB
BM6QIPG8JDLFOT
8JFSTPNB-FO
1BSUT6TFEMFBG
%JTUSJCVUJPOUSPQJDBM"TJB
FTQFDJBMMZ.BMBZTJB
"EFOBOESB8JMME3VUBDFBF
6QIPG
"EFOBOESBGSBHSBOT 4JNT
3PFNFU4DIVMU
4ZOPOZNT%JPTNBGSBHSBOT4JNT
"FHPQPEJVN-"QJBDFBF 6NCFMMJGFSBF
$PNNPO/BNFTCSFBUIPGIFBWFO(FSNBO)JNNFMT
EV4"GSJDBBOZTCPFHPF
BOZTCVDIV
LMJQTJTTJF
"FHMF$PSSB
3VUBDFBF "
TJTTJF
6TBHFBWPSJOH
1BSUT6TFEMFBG "FHMFNBSNFMPT -
$PSSBFY3PYC
%JTUSJCVUJPO4"GSJDB
FTQFDJBMMZ$BQFSFHJPO
4ZOPOZNT$SBUBFWB NBSNFMPT -
$SBUBFWB SFMJHJPTB
&SIBSEUFUBM)BOFMU6QIPG6TIFS "JOTMJF
$PNNPO/BNFTCBFM
CFM
#FOHBM RVJODF
HPMEFO
BQQMF
*OEJBO CBFM "SBCJD TIVM $IJOFTF ZJVUV
"EFOBOUIFSBUFUSBQUFSB4DIVNFU5IPOO DIJI %VUDI TMJKJN BQQFMCPPN 'SFODI CFM *O
EJFO
PSBOHFS EV .BMBCBS (FSNBO #BFMCBVN
5FUSBQMFVSBUFUSBQUFSB 4DIVNFUPOO
5BVC #FMCBVN
#FOHBMJTDIF2VJUUF*OEJBCFMJ
CFMFUIJ
CJMWB
NBSNFM
TJSJQIBM +BWBOFTF NBKB
NPEKP
1PSUVHVFTF NBSNFMPT 4QBOJTI CFMB
NJMW BJ
"EFOPDBMZNOB.BSUFY.FJTTOFS NBUVN
#JHOPOBDFBF 6TBHFBWPSJOH
1BSUT6TFEZPVOHMFBGBOETIPPU
%JTUSJCVUJPO*OEJB
*OEPDIJOB
.ZBONBS
DVMUJWBUFEJO
"EFOPDBMZNOBBMMJBDFVN.JFST .BMBZTJB
)BOFMU5FSSB
"FHPQPEJVN-
"QJBDFBF 6NCFMMJGFSBF
"EJBOUVN-.BJEFOIBJS'FSO
"EJBOUBDFBF 1UFSJEBDFBF
"FHPQPEJVNQPEBHSBSJB-
"JDIFMF4DIXFHMFS
#JMHSJ"EBN$IFFST%BWJE
TPO%VEUTDIFOLPFUBM&SIBSEUFUBM'MFJDIIBVFS
)BHFS
)BOFMU)JMMFS.FM[JH)PQQF
"FPMMBOUIVT.BSUFY4QSFOH-BNJBDFBF -BCJBUBF
1BSUT6TFEMFBG
%JTUSJCVUJPOUSPQJDBM"GSJDB/JHFSJB
$BNFSPPO
"GSBNPNVNBOHVTUJGPMJVN 4POO
,4DIVN
#VSLJMM
)BOFMU*SWJOF4DIVMU[F.PUFM6Q
IPG
4ZOPOZNT"GSBNPNVN TBOHVJOFVN , 4DIVN
,
4DIVN
"NPNVNBOHVTUJGPMJVN4POO
"NPNVN
TBOHVJOFVN,4DIVN
"FPMMBOUIVTQVCFTDFOT#FOUI $PNNPO/BNFT.BEBHBTDBS DBSEBNPN
EBSL $SJN
TPO DBSEBNPN
XJME DBSEBNPN 'SFODI DBSEB
4ZOPOZNT"FPMMBOUIVTCVFUUOFSJ(SLF NPNFEF.BEBHBTLBS(FSNBO#MVUSPUFS,BSEB
6TBHFTQJDF
BOBMPHCBTJM NPN
.BEBHBTLBS,BSEBNPN
1BSUT6TFEMFBG
PXFS MPDBM
6TBHFTQJDF
UIFTFFETBSFVTFEMJLFCMBDLQFQQFS
%JTUSJCVUJPOUSPQJDBM "GSJDB /JHFSJB
4JFSSB -FPOF
1BSUT6TFETFFE
GSPN.BMJUP$BNFSPPO
$FOUSBM"GSJDBO3FQVC %JTUSJCVUJPO&"GSJDB
.BEBHBTDBS
;BO[JTCBS
.BVSJ
MJD UJVT
1FNCBBOEUIF4FZDIFMMFTDVMUJWBUFEPOUIF
1FNCB*TMBOET
#VSLJMM
%BM[JFM)BOFMU4DIVMU[F.PUFM4P /PUF*O/FBS&BTUBOE&HZQUBTBEEJUJPOUPDPFF
IPVOIMPVFFUBM6QIPG
#FSHFS
#PJT$PPNFTFUBM)BHFS
)BOFMU)BSJFUBM.FMDIJPS,BTUOFS0WFS
EJFDL1FUFS1SVUIJ4DIVMU[F.PUFM4FJEF
"FPMMBOUIVTTVBWFPMFOT.BSUFY4QSFOH NBOOD4JFXFL5VGFMFUBM5FVTDIFS6QIPG
"FPMMBOUIVTIFMJPUSPQPJEFT0MJW
"GSBNPNVNDPSPSJNB #SBVO
1$.+BOTFO
"FUIVTBNVUFMMJOB4U-BH
"GSBNPNVNLPSBSJNB 1FJSFJSB
&OHM
-JHVTUJDVNNVUFMMJOB -
$SBOU[
"GSBNPNVN,4DIVN;JOHJCFSBDFBF
"GSBNPNVNEBOJFMMJJ )PPLG
,4DIVN NPN
GBMTFDBSEBNPN
OVUNFHDBSEBNPN
(VSB
HJTQJDF"SBCJDIBCIBMIPCBTIJ
IFJM'SFODIDBS
"
4ZOPOZNT"NPNVNEBOJFMMJ+%)PPL EBNPNF E&UIJPQJF
QPJWSF E&UIJPQJF (FSNBO
$PNNPO/BNFTCBTUBSENFMFHVFUB
$BNFSPPODBSEB "CFTTJOJTDIFS ,BSEBNPN
&UIJPQJTDIFS ,BSEB
NPN'SFODIDBSEBNPNFEF$BNFSPVO(FSNBO NPN
(VSBHJ(FXS[
,PSBSJNB,BSEBNPN
#BTUBSE.FMFHVFUBQGFFS,BNFSVO,BSEBNPN 6TBHFTQJDF
FH BWPSJOH GPS DPFF PS UFB
CSFBE
6TBHFTQJDF CVUUFS ,FGB1SPWJODF
1BSUT6TFETFFE 1BSUT6TFETFFE
%JTUSJCVUJPOUSPQJDBM8"GSJDB$BNFSPPO
BMTPDVMUJ %JTUSJCVUJPO&UIJPQJB
4PNBMJBBMTPDVMUJWBUFE
WBUFE /PUF*O"SBCJBUIFZTFSWFUIFBWPSJOHPGDPFFF
BSPNBJTOVUNFHMJLF
"EFHPLF4IVSB #FSHFS #PJT )BHFS
)BOFMU 4DIVMU[F.PUFM 4FJEFNBOO D 4JFXFL #FSHFS
#FSHFS#JGUV)BHFS
)BOFMU
5VGFMFUBM5FVTDIFS +BOTFO .FMDIJPS,BTUOFS /PSNBO
0WFSEJFDL 1FUFS 1SVUIJ 4DIVMU[F.PUFM
4FJEFNBOOD4JFXFL5VGFMFUBM5FVTDIFS
;FWFOEF8FU
"GSBNPNVNFYTDBQVN 4JNT
)FQQFS
%VLF FU BM 4FJEFNBOO D 5VGFM FU BM 5FVTDIFS 6TBHFTQJDF
1BSUT6TFETFFE
%JTUSJCVUJPOUSPQJDBM "GSJDB $BNFSPPO
$POHP BMTP
DVMUJWBUFE
"GSBNPNVNIBOCVSZJ,4DIVN
)BOFMU1PVMTFO-PDL4DIVMU[F.PUFM4FJEFNBOO
D5VGFMFUBM5FVTDIFS;PMMPFUBM
4ZOPOZNT"NPNVNDMVTJJ)BOC
$PNNPO/BNFT$BNFSPPODBSEBNPN'SFODIDBSEB
NPNFEF$BNFSPVO(FSNBO,BNFSVO,BSEB
NPO
#BTUBSE.BMBHFUUB "GSBNPNVNNBDSPTQFSNVN 4NJUI
#VSLJMM
6TBHFTQJDF
DPOEJNFOU
1BSUT6TFETFFE $PNNPO/BNFT(VJOFB DBSEBNPN 'SFODI DBSEB
%JTUSJCVUJPOUSPQJDBM8"GSJDB$BNFSPPO NPNFEF(VJOFB(FSNBO(SPTBNJHFS,BSEB
NPN
(VJOFB,BSEBNPN
#FSHFS #PJT .FMDIJPS,BTUOFS 0WFSEJFDL 6TBHFTQJDF MPDBMMZ
1FUFS1SVUIJ4FJEFNBOOD5FVTDIFS
1BSUT6TFEGSVJU
6QIPG;PMMPFUBM
%JTUSJCVUJPO(VJOFB
#FSHFS
"GSBNPNVNLPSBSJNB1FSFJSBFY&OHM
4ZOPOZNT"GSBNPNVNDPSPSJNB #SBVO
1$.+BO
TFO
"NPNVNLPSBSJNB1FSFJSB
$PNNPO/BNFT&UIJPQBODBSEBNPN
LPSBSJNBDBSEB
"GSBNPNVN,4DIVN;JOHJCFSBDFBF
" "GSBNPNVNNBMVN4DIVN
6QIPG
"GSBNPNVNNFMFHVFUB,4DIVN
4ZOPOZNT"GSBNPNVNNFMFHVFUFMMB,4DIVN"NP
NVNNFMFHVFUB3PTD
$PNNPO/BNFT(VJOFBQFQQFS
(VJOFBHSBJOT
BMMJHB
UPSQFQQFS
HSBJOTPGQBSBEJTF
NFMFHVFUBQFQQFS
$IJOFTF ITJ TIB UPV 'SFODI HSBJOF EF QBSBEJT
HSBJOFEFNBOJHVFUUF
NFMFHVFUB
QPJWSFE"GSJRVF
QPJWSF EF (VJOF
TFNBODF EF QBSBEJT (FSNBO
.FMFHVFUB1GFFS
1BSBEJFTLSOFS
(SBOB QBSB
EJTJ
"MMJHBUPSQGFFS
(VJOFBQGFFS
1JQFS.FMFHV B
FUB *OEJB NBMHPBU *UBMJBO HSBOJ EJ NFMFHVFUUB
HSBOJ QBSBEJTJ
NBOJ HVFUUB 3VTTJBO BNPNVN
JMJNBMBHFUUB
SBVTLPFTFSOP
NBMMBXFUTLJK
HXJOF
KTLJKQFSF[4MPWBLJBOHVJOFKTLLPSFOJF4QBOJTI
HSBOPTEFQBSBTP
NBMBHVFUB
NBOJHVFUUF
6TBHFTQJDF
FHBENJYUVSFGPSi3BTFM)BOPVUu
1BSUT6TFETFFE
%JTUSJCVUJPO8 USPQJDBM "GSJDB BMTP DVMUJWBUFE GSPN
(VJOFB
4JFSSB-FPOFUISPVHI*WPSZ$PBTU
(IB
C
OB
#FOJO
/JHFSJB
$BNFSPPO
(BCPOUP"OHPMB
/PUF*OUIFQMBOUXBTUSJFEJOUIF4JOHBQPSF#P "GSBNPNVNNFMFHVFUBBGMPXFSJOHCGSVJUBOETFFET
UBOJD(BSEFOT
CVUTFFNTOPUUPIBWFTVDDFFEFE
"EFHPLF FU BM "FEP FU BM #FSHFS
#FSHFS
#MBODLF#PJT#PJTWFSU)VCFS#VSLJMM
"GSBNPNVNQSVJOPTVN(BHO
$SB[F%BWJETPO%VLFFUBM&SIBSEUFUBM
(PWJOEBSBKBOFUBM(SJFCFM)BOFMUW)BSUFO
)PQQF-PDLFUBM.FMDIJPS,BTUOFS/PS $PNNPO/BNFT$BNFSPPO DBSEBNPN (FSNBO #F
NBO
0WFSEJFDL 1FUFS 1PDIMKPCLJO
SFJFS,BSEBNPN
,BNFSVO,BSEBNPN
1SVUIJ4DIFODL/BVFOEPSG4DIVMU[F.PUFM 6TBHFTQJDF SBSFMZ
4FJEFNBOO D 4NBMM 4UBFTDIF 5VGFM FU BM 1BSUT6TFETFFE
5FVTDIFS 6QIPG 8JFSTPNB-FO 8TUFOGFME
%JTUSJCVUJPO8"GSJDB$BNFSPPO
)BFOTFM;FWFOEF8FU
;PMMPFUBM
"GSBNPNVNNFMFHVFUFMMB,4DIVN
"GSBNPNVNNFMFHVFUB,4DIVN
"HBTUBDIF(SPOPW.FYJDBO)ZTTPQ-BNJBDFBF -BCJBUBF
"GSBNPNVNTBOHVJOFVN ,4DIVN
,
4DIVN
"GSPTUZSBYMFQJEPQIZMMVT.JMECSBFU
"
$PNNPO/BNFTHBSMJD CBSL USFF
(FSNBO 4DIVQ
"GSBNPNVNBOHVTUJGPMJVN 4POO
,4DIVN QFOCMUUJHFS,OPCMBVDICBVN
6TBHFTQJDF
DPOEJNFOU
1BSUT6TFECBSL
TFFE
"GSBNPNVNTDFQUSVN 0MJWFU)BOC
, %JTUSJCVUJPOUSPQJDBM "GSJDB $BNFSPPO
$POHP
UIF
4DIVN $FOUSBM"GSJDB3FQVCMJD
;BJSF
/PUF#BSLBOETFFETIBWFBHBSMJDUBTUF
$PNNPO/BNFTCMBDLBNPNVN
(VJOFBHSBJOT (FS
NBO4DIXBS[FS,BSEBNPN
(VJOFB,SOFS #VSLJMM
.JMCSFBE/FVXJOHFS4BOECFSH$SPO
MVOE
6TBHFTQJDF FTTFOUJBMPJM
BWPSJOHGPSGPPEQSPEVDU
FTTFOUJBMPJM
1BSUT6TFEMFBG
%JTUSJCVUJPO8"GSJDB "HBSJDVTFEPEFT#FSL
/PUFFTFFETBSFDBNQIPSBDFPVTJOUBTUF
-FOUJOVTFEPEFT #FSL
4JOH
#VSLJMM
%BM[JFM%VLFFUBM
"HBTUBDIF(SPOPW.FYJDBO)ZTTPQ
"GSBNPNVNTVCTFSJDVN 0MJWFU)BOC
, -BNJBDFBF -BCJBUBF
4DIVN
6TBHFTQJDF
BWPSJOH
1BSUT6TFEMFBG
%JTUSJCVUJPO.FYJDPDVMUJWBUFEJO/"NFSJDB "HBUIPTNBTFSSBUJGPMJB $VSUJT
"%4QSFFUI
"HBTUBDIFSVHPTB 'JTDIFSFU$".FZFS
,VOU[F "HMBJBBGGJOJT.FSS
/PUF0O+BWBBEXBSGGPSN WBSNJDSPQIZMMB%$
PD
DBTJPOBMMZDVMUJWBUFEJOHBSEFOT
"KVHBSFQUBOT-
"
$PNNPO/BNFTDSFFQFE CVHMF 'SFODI CVHMF SBN
"SUBOEFS #FSHFS
#VSLJMM )BOFMU )FZOF QBOUF (FSNBO ,SJFDIFOEFS (O[FM 3VTTJBO
$PSOFS0ZFO%VOH4UPSST6QIPG
TIJCVUTDILBQPMTVUTDIJK
6TBHFQPUIFSC
1BSUT6TFEIFSC
MFBG
"HSJNPOJB-"HSJNPOZ %JTUSJCVUJPO&VSPQF
5VSLFZ
$BVDBTVT
/ *SBO
"MHF
3PTBDFBF SJB
5VOFTJBOBUJO/"NFSJDB
&SIBSEUFUBM'MFJTDIIBVFS-PDI
"HSJNPOJBFVQBUPSJB-TTQPEPSBUB (PVBO
)PPL
"MBSBJBQJOOBUJGJEB)BSWFZ
4ZOPOZNT"HSJNPOJBQSPDFSB8BMMS
$PNNPO/BNFTPEPVS BHSJNPOZ
DPDL MFZ CVS
MJWFS 6OEBSJBQJOOBUJEB 8))BSWFZ
8'34VSJOHBS
XPSU "SBCJD HIBUI
UFSGBR 'SFODI BJHSFNPJOF
HBSJPU(FSNBO%V0EFSNFOOJH
(SPFS0EFS
NFOOJH*UBMJBOBHSJNPOJB4QBOJTIBHSJNPOJB "MDIFNJMMB--BEZT.BOUMF
6TBHFBWPSJOH SBSFMZ
3PTBDFBF
1BSUT6TFEMFBG
IFSC
%JTUSJCVUJPO(FSNBOZUP83VTTJB
SBSFMZDVMUJWBUFE
"MDIFNJMMBDPOKVDUB#BC
#SFNOFTT )BOFMU )FFHFS )PQQF 4DIO
GFMEFS4DIVMU[F.PUFM4NBMM6QIPG8ZLFU
$PNNPO/BNFTTJMWFS MBEZT NBOUMF (FSNBO 4JMCFS
BM
'SBVFONBOUFM
7FSXBDITFOFS'SBVFONBOUFM
6TBHFQPUIFSC
1BSUT6TFEMFBG
"HSJNPOJBQSPDFSB8BMMS %JTUSJCVUJPO&VSPQF
'SBODF
4XJU[FSMBOE
48 "MQT
OBUJWFJO&OHMBOE
"HSJNPOJBFVQBUPSJB-TTQPEPSBUB (PVBO
)PPL
&SIBSEUFUBM'MFJTDIIBVFS
"KVHB-#VHMF
-BNJBDFBF -BCJBUBF
"MDIFNJMMBGJTTB(OUIFSFU4DIVNNFM
%JTUSJCVUJPO*OEJBUFNQFSBUFBOEUSPQJDBM)JNBMBZB
"MHBNBSJOB-BN
"MFVSJUFT+3'PSTUFU('PSTU ;PTUFSBNBSJOB-
&VQIPSCJBDFBF
"MMJBSJB)FJTUFY'BCS
"MFVSJUFTKBWBOJDB(BOE #SBTTJDBDFBF $SVDJGFSBF
"MFVSJUFTNPMVDDBOB -
8JMME
"MMJBSJBPGGJDJOBMJT"OESFY.#JFC
"MFVSJUFTNPMVDDBOB -
8JMME "MMJBSJBQFUJPMBUB .#JFC
$BWBSBFY.#JFC
"MMJVNBNQFMPQSBTVN-
6TBHFQPUIFSC
DPOEJNFOU
1BSUT6TFEGSFTIBOEESJFEMFBWFT "MMJVNBNQFMPQSBTVN-WBSBNQFMPQSBTVN
%JTUSJCVUJPO/"GSJDB
UFNQFSBUF"TJB
*OEJB
&&VSPQF
4&BOE48&VSPQF
OBUJWFFMTFXIFSF
"MMJVNBNQFMPQSBTVN-WBS
"JDIFMF4DIXFHMFS
"SPSB1BOEFZ#PJT#SFN BNQFMPQSBTVN
OFTT %BWJETPO %VEUTDIFLP FU BM &SIBSEU FU BM
'MFJTDIIBVFS)BHFS
)JMMFS.FM[JH1PDIM
KPCLJO
4DIOGFMEFS 4FJEFNBOO D
B
<PS(SFBU)FBEFE(BSMJD(SPVQ>
4FJEFNBOO4JFCFSU 5VGFM FU BM 5VDLFS 6QIPG
8JFSTFNB-FO 4ZOPOZNT"MMJVN BNQFMPQSBTVN -
"MMJVN IPMNFOTF
.JMM
"MMJVNMJOFBSF.JMM
1PSSVNBNQFMPQSBTVN
-
.JMM
"MMJBSJBXBTBCJ1SBOUM $PNNPO/BNFTHSFBUSPVOEIFBEFEHBSMJD
MFWBOUHBS
MJD
XJMEMFFL
MFFL"SBCJDUVN[VFMSBBT$IJOFTF
8BTBCJKBQPOJDB .JR
.BUTVN EBUPV4VBO%VUDIXJMEFQSFJ
XJMEMPPL'SFODI
BJME0SJFOU
BJMDIFWBM
GBVYQPJSFBV
QPJSFBVEU
QFUJU PJHOPO (FSNBO "DLFS,OPCMBVDI
4PN
"MMJVN-o(BSMJD
-FFL
0OJPO NFS,OPCMBVDI
1GFSEF,OPCMBVDI
8FJOMBVDI
"MMJBDFBF -JMJBDFBF
*UBMJBO QPSSBOEFMMP
QPSSBDDJP
QPSSP TFMWBUJDP
1PSUVHVFTFBMIPQPSSPCSBWP3VTTJBOMVLTIFN
"CSBIBNFUBM#FSOIBSEU#MPDL
#MPDLFUBM UTDIVTIOVK
MVL WJOPHSBEOKJ 4QBOJTI DFCPMMJOP
B
C#SFXTUFS#VSCB(BMNBSJOJ$BSTPO%B
QVFSSPBHSFTUF
QVFSSPTJMWFTUSF
WJT'FOXJDL)BOMFZ)BHFS
)BOFMU
)FMN)FSSNBOO+POFT.BOO.BHHJPOJFU
6TBHFTQJDF
BM.BUIFX3BCJOPXJUDI#SFXTUFS3BCJOPXJUDI 1BSUT6TFECVMC
DMPWF
MFBG
$VSSBI4DIXBSU[.PIBO4FJEFNBOOD5VGFMFU %JTUSJCVUJPO(SFFDF
3VTTJB
/FBS &BTU
.JEEMF &BTU
"MMJVN-o(BSMJD
-FFL
0OJPO"MMJBDFBF -JMJBDFBF
/PUFFQMBOUIBTBTUSPOHHBSMJDMJLFTNFMM "MMJVNDFQB-WBSBTDBMPOJDVN#BLFS
"JDIFMF4DIXFHMFS
#MBODLF$IFFST%BWJETPO
&SIBSEU FU BM 'BUUPSVTTP FU BM )BHFS
"MMJVNBTDBMPOJDVNBVDUOPO-
)BOFMU)FQQFS5VGFMFUBM6QIPG8JFSTF
NB-FO;FWFOEF8FU
"MMJVNDFQB-WBSBTDBMPOJDVN#BLFS
"MMJVNBNQFMPQSBTVN-WBSQPSSVN -
+ "MMJVNCBLFSJ)PPQOPO3FHFM
(SBZ
"MMJVNTUVMPTVN-
"MMJVNQPSSVN-
"MMJVNCBLFSJ3FHFM
"MMJVNBOHPMFOTF#BLFS
"MMJVNDIJOFOTF(%PO
$PNNPO/BNFT"GSJDBO POJPO
"GSJDBO TIBMMPU
'SFODI FDIBMPUUF E"OHPMF
FDIBMPUUF E"GSJRVF
USPQJDBMF (FSNBO "GSJLBOJTDIF ;XJFCFM
"OHP "MMJVNCPVEEIBF0%FCFBVY
MBOJTDIF;XJFCFM3VTTJBOMVLBOHPMTLJK
6TBHFTQJDF "MMJVNTUVMPTVN-
1BSUT6TFECVMC
%JTUSJCVUJPO"GSJDB"OHPMB
$POHP
(BCVO
;BJSF
BMTP
DVMUJWBUFE "MMJVNDBOBEFOTF-
)BOFMU4NBMM
"MMJVNBOHVMPTVN-
$PNNPO/BNFTFEHFEHBSMJD(FSNBO,BOUJHFS-BVDI "MMJVNDBSJOBUVN-
6TBHFTQJDF
1BSUT6TFECVMC
MFBG $PNNPO/BNFTLFFMFE HBSMJD (FSNBO (FLJFMUFS
%JTUSJCVUJPO&VSPQF
4JCFSJB -BVDI
6TBHFTQJDF
&SIBSEUFUBM'MFJTDIIBVFS-PDI 1BSUT6TFEMFBG
CVMC
%JTUSJCVUJPO$&VSPQF
"MMJVN-o(BSMJD
-FFL
0OJPO"MMJBDFBF -JMJBDFBF
/PUFFTTQDBSJOBUVNBOETTQQVMDIFMMJVN (%PO
#POOFU-BZFOT OJDFHBSMJD'SFODIBJMDBSOF
"
MFHBOU (FSNBO 4DIOFS -BVDI BSF POMZ SBSFMZ
TQSFBEFEBOEVTFE
&SIBSEUFUBM'MFJTDIIBVFS-PDI
"MMJVNDFQB-WBSBTDBMPOJDVN#BLFS
4ZOPOZNT"MMJVNBTDBMPOJDVNBVDUOPO-
$PNNPO/BNFTFTDIBMPU
TIBMPUU
4QBOJTI HBSMJD
%VUDI FTKBMPU 'SFODI BJM TUSJMF
DIBMPUUF
DJ
CPVMFPJHOPOQBUBUF
PJHOPOTPVTUFSSF(FSNBO
"TLBMPO[XJFCFM
"TDIMBVDI
#BUBUFO[XJFCFM
&TDIMBVDI
'SIMJOHT[XJFCFM
'SIMJOHTMBVDI
,BSUPFM[XJFCFM
,MCFO
-FWBOUFMBVDI
4DIB
MPUUF
4DIMPUUF
4ZSJTDIF ;XJFCFM )JOEJ LBOEB
MBTVN*OEJBHVOEIVO*OEPOFTJBOCBXBOHFSBI
*UBMJBOTDBMPHOP.BMBZTJBOCBXBOHNFSBI1JMJ
QJOP TJCVZBT UBHBMPH 1PSUVHVFTF DFCPMIB SPYB
3VTTJBOMVLOFNF[LJJ
MVLTDIBMPU4QBOJTIDIB
MPUF
BTDBMPOJB
BTDBMPBBJIPSNEBFOH
IPSN "MMJVNDFQBWBSBTDBMPOJDVN
BFSJBMPOJPOT
MFL7JFUOBNFTFLBOILIP
LBOIJFV
6TBHFTQJDFTFFETGPSBUCSFBEBOEDVSSZQPXEFS
1BSUT6TFECVMC
TFFE
%JTUSJCVUJPOPOMZDVMUJWBUFE QZBK*UBMJBODJQPMMB+BQBOFTFBUBTVHJ
UBNBOFHJ
,PSFBOPLQIB
UVOHHVMQIB
ZBOHQIB.BMBZTJBO
#SUFMT#FOEFM#MBODLF#PJT$IFFST CBXBOH1JMJQJOPMBTPOB
TJCVZBT1PSUVHVFTFDF
%BWJETPO%VEUTDIFOLPFUBM%VLFFUBM'BUUP
CPMB 3VTTJBO MVL SFQUTDIBUZK 4BOTLSJU QBMBOEV
SVTTPFUBM)BHFS
)BOFMU)JMMFS.FM[JH
)PQQF)VUUPO,SCFS(SPIOF.FMDIJPS,BTUOFS
EVSBOEIB4QBOJTIDFCPMMBBJZBJ7JFUOBNFTF
1PDIMKPCLJO
4FJEFNBOO D 4FJEFNBOO LIBOLP
IBOIMB
4JFCFSU5VGFMFUBM5FVTDIFS5JOEBMM7PHFM 6TBHFTQJDFBOEGPPE WFHFUBCMF
B 1BSUT6TFECVMC
%JTUSJCVUJPOPOMZDVMUJWBUFE
#SFNOFTT#SPEOJU[FUBM$BSTPO%BWJETPO
%VEUTDIFOLPFUBM%VLFFUBM'BIFJE'BSLBTFUBM
'BSSFMM'PTTFOFUBM)BHFS
)BOFMU
)FFHFS )FQQFS )JMMFS.FM[JH )PGGNBOO FU BM
"MMJVNDFQB-WBSDFQB )PQQF +SWFOQ FU BM ,BBL FU BM ,PDI
,PEFSB FU BM ,SCFS(SPIOF -BVM FU BM
-FXJOHUPO.BSPUUJ1JDDBHMJB.BSUJOF.BSUJO-B
$PNNPO/BNFTPOJPO
CVMCPOJPO
HBSEFOPOJPO
QP
HPTFUBM.BUIFJT-TVOH.B[[BFUBM.FMDIJPS
UBUPPOJPO
4QBOJTIPOJPO"SBCJDCBT T
BM
CFTMB ,BTUOFS/FGJTBFUBM1BUJMFUBM1FUFS1P
$IJOFTF ITJFI QBJ
IV DPOH
YJF CB
ZBOH DPOH
DIMKPCLJO
1SVUIJ1TDIZSFNCFM3BJOF
ZBOH UTVOH %VUDI VJ 'SFODI DJCPVMF
PJHOPO 3PTFOHBSUFO3PUI,PSNBOO4BJOJ%BWJT4DIO
(FSNBO ,DIFO[XJFCFM
4PNNFS[XJFCFM
4QFJ GFMEFS 4FJEFNBOO D 4FJEFNBOO4JFCFSU 4GJLBT
4IBSNB5VGFMFUBM5FVTDIFS5JOEBMM
TF[XJFCFM
3BNT
;JQ Q
FMO
;JQPMMF)JOEJQJZB[
"MMJVNDFQB-o&WFSZSFBEZPOJPO(SPVQ
" 6IM6QIPG7JMMBNBSBFUBM8JFSTFNB-FO
8ZLFUBM;FWFOEF8FU
"MMJVNDFSOVVN3PUI
"MMJVNDFQB-m$FQB(SPVQ
"MMJVNDIJOFOTF.BYJN
"MMJVNDFQB-WBSQSPMJGFSVN .PFODI
5BSH5P[[ "MMJVNSBNPTVN-
"MMJVNYQSPMJGFSVN .PFODI
4DISBEFY8JMME
"MMJVNDIJOFOTF(%PO
"MMJVNDFSBUPQIZMMVN#FTT-FEFC "MMJVNDPOTBOHVJOFVN,VOUI
"MMJVNBMUBJDVN1BMM 4ZOPOZNT"MMJVNTUSBDIFZJ#BLFS
$PNNPO/BNFT(FSNBO#MVUTWFSXBOEUFS-BVDI)J
"MMJVNDFQB-o&WFSZSFBEZPOJPO(SPVQ
"
6TBHFTQJDF
1BSUT6TFEMFBG
%JTUSJCVUJPO8
$)JNBMBZBT
/*OEJB
"MMJVNDPOUJOVVN4NBMM
"MMJVNDBOBEFOTF-
"MMJVNFMMJQUJDVN8BM-
"MMJVNWJDUPSBJT-
"MMJVNGJTUVMPTVN-
" +BQBOFTFOPCJSV,PSFBOUBMMBF.POHPMJBO[FS
MFHTBSNJT1PSUVHVFTFBMIPEP+BQP3VTTJBOMVL
$PNNPO/BNFT.FYJDBO POJPO (FSNBO .FYJ
LBOJTDIF;XJFCFM
LSVQOPUZUTDIJOLPWZK4QBOJTIBKPEFM+BQPO 6TBHFTQJDF
6TBHFTQJDF
BWPSJOH TQPSBEJDBMMZ
1BSUT6TFECVMC
1BSUT6TFECVMC
MFFL %JTUSJCVUJPO/.FYJDP
/FX.FYJDP5FYBT
%JTUSJCVUJPO&"TJB
$IJOB
.POHPMJB3VTTJB
'BSBOE
.JEEMF&BTU )BOFMU4DIVMU[F.PUFM4FJEFNBOOD5VGFMFUBM
)FMN)P+POH:PVMFUBM1FOHFUBM4DIVMU[F.P
UFM5VGFMFUBM5FVTDIFS8JFSTFNB-FO
"MMJVNLVSSBU4DIXFJOGFY,,SBVTF
"MMJVNIPMNFOTF.JMM <PS"MMJVNLVSSBU(SPVQ>
"MMJVNOFPQPMJUBOJDVN$ZS
"MMJVNLBSBUBWJFOTF3FHFM
)BOFMU6QIPG "MMJVNNPMZ-
"
$PNNPO/BNFTMJMZMFFL
NPMZ
ZFMMPXPOJPO'SFODI
"MMJVNMJOFBSF.JM- BJM EPS (FSNBO (PMEMBVDI
.PMZ[XJFCFM
4QBOJTDIFS-BVDI
"MMJVNBNQFMPQSBTVN-TTQBNQFMPQSBTVN 6TBHFTQJDF
1BSUT6TFEMFFL
CVMC
%JTUSJCVUJPO48&VSPQF4QBJO
48'SBODF
/"GSJDB
"MMJVNMPOHJGPMJVN ,VOUI
)VNC BMTPGSFRVFOUMZDVMUJWBUFEJOHBSEFOTBTBOPSOB
NFOUBMQMBOU
"MMJVNLVOUIJJ(%PO /PUFJT QMBOU JT OPU JEFOUJDBM XJUI UIF NPMZQMBOU
PGBOUJRVJUZ
"MMJVNMPOHJDVTQJT3FHFM #SUFMT$IFFST&SIBSEUFUBM,PDI4FJEF
NBOOC
<-POHJDVTQJT(SPVQ>
"MMJVNOFPQPMJUBOVN$ZS
"MMJVNBMUBJDVN1BMM #SUFMT $IFFST &SIBSEU FU BM )BOFMU 8J
FSTFNB-FO
"MMJVNNJDSPEJDUZVN1SPLI
"MMJVNOJHSVN-
"MMJVNWJDUPSBMJT-
$PNNPO/BNFTCMBDL HBSMJD
CSPBE MFBG HBSMJD (FS
NBO4DIXBS[FS-BVDI
;XJFCFMSFJDIFS-BVDI
"MMJVNDFQB-o&WFSZSFBEZPOJPO(SPVQ
" 6TBHFTQJDF
1BSUT6TFECVMCJM
MFBG
"MMJVNPEPSVNBVDUOPO-
&SIBSEUFUBM'MFJTDIIBVFS-PDI8JFSTFNB-FO "MMJVNPMFSBDFVN-
&SIBSEUFUBM)BOFMU
"MMJVNPQIJPTDPSPEPO-JOL
"MMJVNWJDUPSBMJT-TTQQMZUZQIZMMVN
"MMJVNQBSBEPYVN .#JFC
(%PO
"MMJVNPEPSVN-
$PNNPO/BNFTGFXPXFSFEMFFL(FSNBO4FMUTBNFS
"MMJVNSBNPTVN- -BVDI
6TBHFTQJDF
1BSUT6TFECVMC
MFBG
%JTUSJCVUJPO&$&VSPQF
$BVDBTVT
/*SBO
$"TJB
8
"TJB
OBUJWFFMTFXIFSF
"MMJVNDFQB-o&WFSZSFBEZPOJPO(SPVQ
"MMJVNTBYBUJMF1BM- "MMJVNTDPSPEPQSBTVN-
1BSUT6TFEMFBG
%JTUSJCVUJPO/
$
&BOE4&&VSPQF
5VSLFZ
-FWBOUF
$BVDBTVT
/*SBO
"MMJVNTDIPFOPQSBTVN-WBSTJCJSJDVN -
/PUF*O&"OBUPMJBXJUIPUIFSQMBOUTGPSUIFQSFQBSB
(BSDLF UJPOPGTQFDJBMIFSCBMDIFFTF
"MMJVNOFPQPMJUBOJDVN$ZS
"MMJVNTQIBFSPDFQIBMPO-
%VEUTDIFOLPFUBM'MFJTDIIBVFS-PDIUBKOFSFU )BOFMU5VGFMFUBM5FVTDIFS
BM
"MMJVNUBSUBSJDVN-G
"MMJVNTQMFOEFOT.JR
"MMJVNSBNPTVN-
"MMJVNDIJOFOTF(%PO
"MMJVNUSJDPDDVN#MBODP
"MMJVNTUJQJUBUVN3FHFM
$PNNPO/BNFTSBNQ
XJME MFFL
XPPE MFFL 'SFODI
4ZOPOZNT"MMJVNIJSUJGPMJVN#PJTT BJM EFT CPJT
BJM TBVWBHF (FSNBO 8JMEFS -BVDI
$PNNPO/BNFTESVNTUJDL BMMJVN (FSNBO "O[VS )PM[MBVDI
[XJFCFM
(FTUJFMUF;XJFCFM
4UJFMMBVDI3VTTJBOMVL 6TBHFTQJDF
BWPSJOH
TUFCFMUTDIBUZK 1BSUT6TFEMFFL
6TBHFTQJDF TJOHFM
%JTUSJCVUJPO/"NFSJDB
1BSUT6TFECVMC
%JTUSJCVUJPO$"TJB
JOUIFGPSNFS4PWJFU6OJPO
NPVO &SJDITFO#SPXO )BOFMU 4NBMM 6QIPG 8J
FSTFNB-FO
UBJOTGSPN"MUBJ
/*OEJB
1BLJTUBO
"GHIBOJTUBO
&SIBSEUFUBM)BOFMU5VGFMFUBM5FVTDIFS
"MMJVNUSJRVFUSVN-PVS
"MMJVNTUSBDIFZJ#BLFS "MMJVNDIJOFOTF(%PO
"MMJVNDPOTBOHVJOFVN,VOUI
"MMJVNDFQB-o&WFSZSFBEZPOJPO(SPVQ
"MMJVNSBNPTVN-
"MMJVNWJDUPSBMJT-
" "MMJVNWJOFBMF-
"MMJVNXBLFHJ"SBLJ
"MMJVNYQSPMFGFSVN .PFODI
4ISBEFY8JMME
"MMJVNXBMMJDIJJ3FHFM
"MMJVNIPPLFSJBJUFT
"MMJVNWJDUPSBMJT
GMPXFSJOH
"MPFHVJOFFOTJT+BDR
6TBHFTQJDF
1BSUT6TFEMFFL
CVMC 4BOTFWJFSJBUSJGBTDJBUB1SBJO
%JTUSJCVUJPONPVOUBJOTPG&VSPQFGSPN/1PSUVHBMUP
46SBM
$BVDBTVT
8)JNBMBZBT4
$4JCFSJB 5BJ
HB
/.POHPMBJ "-0:4*"1BMBV
/PUF3VTTJBO BVUPST TQMJU " WJDUPSBMJT - JOUP UISFF 7FSCFOBDFBF
TQFDJFT
)BOFMU
"-1*/*"3PYC(BMBOHB M
(JOHFS-JMZ;JOHJCFSBDFBF
"MPZTJBDJUSJPEPSB -BN
)VNC
"
-JQQFBUSJQIZMMB -)SJU
,VOU[F
"MPZTJBDJUSJPEPSB0SUFHBFY1FST
-JQQFBUSJQIZMMB -)S
,VOU[F
"MPZTJBUSJQIZMMB -)FSJU
#SJUUPO
-JQQFBUSJQIZMMB -)FSJU
,VOU[F
"-1*/*"3PYC(BMBOHB M
(JOHFS-JMZ
;JOHJCFSBDFBF
"MQJOJBBSPNBUJDB"VC-
3FOFBMNJBBSPNBUJDB "VCM
(SJTFC
"MQJOJBDBMDBSBUB
GMPXFSJOH
"MQJOJBDBMDBSBUB3PTD
"SPSB1BOEFZ#PJT#VSLJMM)BOFMU0HMFFU
BM0ZFO%VOH4DIVMU[F.PUFM5VGFMFUBM
"MQJOJBDBFSVMFB,VOU[
6QIPG8POH:VTVGFUBM;FWFOEF8FU
$PNNPO/BNFT"VTUSBMJBOCMVFHJOHFSDPNNPOHJO
HFSPG"VTUSBMJB
"-1*/*"3PYC(BMBOHB M
(JOHFS-JMZ;JOHJCFSBDFBF
,VNBS /FXNBO FU BM 5BP (VPEB :VTVG FU BM
"MQJOJBTQFDJPTB%%JFUS
"
&UMJOHFSBFMBUJPS +BDL
3.4N
"MQJOJBPGGJDJOBSVN)BODF
"MQJOJBTQFDJPTB +88FOEM
,4DIVN
4ZOPOZNT-BOHVBTPDJOBSVN )BODF
'BSX
$PNNPO/BNFT$IJOFTFHJOHFS
MFTTFSHBMBOHBM
MFTTFS "MQJOJB[FSVNCFU 1FST
#-#VSUUFU3.4N
HBMJOHBMF
TNBMM HBMBOHBM
&BTU *OEJBO SPPU "SB
CJD IPEFOHBM
LIVMJOHBO $IJOFTF IVB IB
HBP
MJBOH KJBOH 'SFODI HBMBOHBM PDJOBM
HBMBOHBM "MQJOJB[FSVNCFU 1FST
#-#VSUUFU3.4N
EFMB$IJOB
QFUJUHBMBOHBM(FSNBO&DIUFS(BM
HBOU
,MFJOFS(BMHBOU
4JBN*OHXFS
BJ*OHXFS
*OEJBLMJOKO*UBMJBOHBMBOHBNJOPSF3VTTJBO 4ZOPOZNT"MQJOJB TQFDJPTB +8 8FOEM
, 4DIVN
BMQJOJBBQUFUTDIOBKBNBMZKLPSFO4MPWBLJBOHBM $PTUVT [FSVNCFU 1FST
;FSVNCFU TQFDJPTVN +8
HBO MJFJW 4QBOJTI HBMBOHB 7JFUOBNFTF SJFOH 8FOEM
UIVPD $PNNPO/BNFTCSJHIUHJOHFS
QJOLQPSDFMBJOMJMZ
MJHIU
6TBHFTQJDF
DPOEJNFOU HBMBOHBM
TIFMM HJOHFS #FOHBMJ QVOBH DIBNQB
1BSUT6TFESIJ[PNF (FSNBO .BSUJOFRVF*OHXFS
1PS[FMMBO*OHXFS
%JTUSJCVUJPO4$IJOB
)BJOBO
+BQBO MJMJF *OEPOFTJBO HBMPCB NFSBI
HPMPCB LPJ 1JMJ
QJOPMBOHLVBTOBQVMB
#PJT $IPQSB FU BM $SB[F %BWJETPO 6TBHFTQJDF
VUJMJ[FEUIFSIJ[PNFMJLFPG"MQJOJBHBMBO
%VEUTDIFOLP FU BM %VLF FU BM )BOFMU )PI
HB -
8JMME
NBOOFUBM)PQQF-ZFUBM
.FMDIJPS,BTU
OFS.PSSJT.BDLMFZ/PSNBO1PDIMKPCLJO
1BSUT6TFEMFBG
SIJ[PNF TVCTUJUVUFGPSHJOHFS
$PNNPO/BNFTBKPPSBT
QPPMFCBUPP
"MQJOJBQZSBNJEBUB#MVNF 6TBHFBWPSJOH
1BSUT6TFESPBTUFESPPU
"MQJOJBHBMBOHBWBSQZSBNJEBUB #MVNF
,4DIVN %JTUSJCVUJPO.PMVDDBT
#BMJ
+BWB
/PUFFSPPUJTVTFEUPJNQBSUBCJUUFSBWPSUPQBMN
WJOF
"-:9*"#BOLTFY3#S"QPDZOBDFBF
" /PUFFQMBOUTFSWFTBTTVQQPSUGPS1JQFSOJHSVN-
"-:9*"#BOLTFY3#S
"QPDZOBDFBF
"MZYJBHZOPQPHPO3PFNFU4DIVMU
"MZYJBMVDJEB8BMM
"MZYJBMVDJEB8BM-
6QIPG
1BSUT6TFECBSL
%JTUSJCVUJPO.BMBZTJB
*OEPOFTJB
.BEBHBTDBS
BMTP
DVMUJWBUFE
"MTUPOJBTDIPMBSJT -
3#S /PUF4VCTUJUVUFGPS$JOOBNPNVN[FZMBOJDVN#Mm*O
.BEBHBTDBSCBSLBOEMFBWFTBSFFNQMPZFEJOUIF
4ZOPOZNT&DIJUFT NBMBCBSJDB -BN
&DIJUFT TDIPMBSJT NBOVGBDUVSFPGSVN
-
$PNNPO/BNFTEFWJMT USFF
EJUB CBSL
QBMNJSB BM )BOFMU4DIVMU[F.PUFM4FJEFNBOOD4FJEFNBOO
4JFCFSU5VGFMFUBM6QIPG
TUPOJB
TIJBUBO XPPE
"VTUSBMJBO GFWFS
XIJUF
DIFFTFXPPE
NJMLXPPE$IJOFTFUBOHKJBPTIV
YJBOH QJ NV 'SFODI FDIJUF (FSNBO %JUBCBVN
5FVGFMTCBVN
;JUSPOFO.BIBHPOJ )JOEJ DIBJ "NBSBDVTTZSJBDVT -
4UPLFT
UBO
DIBUXBO
DIJUWBO
DIBUUJZBO
FUBLVMB
MFUUPL
QBMJNBSJ
TIBJUBO *OEPOFTJBO QVMBJ +BWBOFTF 0SJHBOVNTZSJBDVN-
QVM .BMBZTJBO CBTPOH
KFMVUPOH
QVMBJ
SFKBOH
/FQBM DIBUJXB 1JMJQJOP EJUB UBOHJUBOH4BOTLSJU
TBQUBQBSOB
WJTBMBUWBLBJQIBZBBTBUUBCBO
UJO
QFE7JFUOBNFTFNBZNBO
NVDVB
6TBHFTQJDF
BWPSJOHMJRVFVST
1BSUT6TFECBSL
%JTUSJCVUJPO& *OEJB
$IJOB
)JNBMBZBT
4SJ -BOLB
.BMBZTJB
"VTUSBMJB JO &HZQU
*OEJB
+BWB
7JFU
OBNBMTPDVMUJWBUFE
"..*-#VMMXPSU"QJBDFBF 6NCFMMJGFSBF
".#-:(0/0$"3164)BSNT
'BCBDFBF -FHVNJOPTBF
".&-"/$)*&3.FEJL
3PTBDFBF "
"NCMZHPOPDBSQVTBOEPHFOTJT 0MJW
&YFMM "NFMBODIJFSBMOJGPMJB /VUU
/VUU
FU5PSSF
4ZOPOZNT"NFMBODIJFSNBDSPDBSQB-VOFMM
"SPOJBBM
"NCMZHPOPDBSQVTTDIXFJOGVSUIJJ)BSNT OJGPMJB/VUU
1ZSVTBMOJGPMJB-JOEM
$PNNPO/BNFTBMEFSMFBG CFSSZ
1BDJD CFSSZ
TBTLB
UPPO
XFTUFSO TFSWJDFCFSSZ (FSNBO &SMFOCMU
"NCMZHPOPDBSQVTTDIXFJOGVSUIJJ)BSNT USJHF'FMTFOCJSOF3VTTJBOJSHBPMDIPMJTUOBKB
6TBHFTQJDF
4ZOPOZNT"NCMZHPOPDBSQVT BOEPHFOTJT 0MJW
&YFMM 1BSUT6TFEGSVJU
FU5PSSF %JTUSJCVUJPO/ "NFSJDB 8 DPBTU $PMPSBEP
*EBIP
$PNNPO/BNFT(IBOBEBHCBOJOBO[JEPX /JHFSJBO /FCSBTDB
/FX.FYJDP
$BMJGPSOJB
$BOBEB
GVMBGVMGVMEF
6TBHFDPOEJNFOU )BOFMU4DIVMU[F.PUFM6QIPG
1BSUT6TFETFFE
%JTUSJCVUJPO8"GSJDB(IBOB
/JHFSJB
6CBOHJ
/PUF1VMWFSJ[FETFFETBSFCPJMFEBOEGFSNFOUFE "NFMBODIJFSNBDSPDBSQB-VOFMM
".#304*"-o3BHXFFE "..*-#VMMXPSU
"TUFSBDFBF $PNQPTJUBF
"QJBDFBF 6NCFMMJGFSBF
"NCSPTJBNBSJUJNB- "NNJDPQUJDVN-
1BSUT6TFEGSVJU
%JTUSJCVUJPO/BOE/&"GSJDB
$BVDBTVT
8"TJB
*O
EJB
4&BOE48&VSPQF
"VTUSBMJB
/FX;FBMBOE
/"NFSJDB
OBUJWFFMTFXIFSF
/PUF5BTUFTMJLFUIZNF
"..0%"6$64$PTTFU%VSJFV"QJBDFBF 6NCFMMJGFSBF
&SIBSEUFUBM)BHFS
)BOFMU)JMMFS.FM[JH
" )PINBOOFUBM1TDIZSFNCFM4DIJOEMFS4DIO
GFMEFS4DIVMU[F.PUFM4IBSNB5VSPWBFUBM
6QIPG8JFSTFNB-FO8ZLFUBM
"..0%"6$64$PTTFU%VSJFV
"QJBDFBF 6NCFMMJGFSBF
"NNPEBVDVTMFVDPUSJDIVT$PTTFU%VSSBV
$PNNPO/BNFT"SBCJDDBGPVO
6TBHFTQJDF TJNJMBS DBSBXBZ
DVMUJWBUFE BT B DPOEJ
NFOU
1BSUT6TFEGSVJU
TFFE
%JTUSJCVUJPO$BOBSZ*TMBOET
/BOE8"GSJDB"MHFSJB
5VOFTJB
/JHFSJB
.BVSJUBOJB
6QQFS/JMF7BMMFZ
/PUF$VMUJWBUFEJOUIFPBTFTPGUIF4BIBSB
JO.BSJUB
OJBBOEUIFVQQFS/JHFSWBMMFZ
"EFHPLFFUBM#PJT#VSLJMM
%BM[JFM&SIBSEU
FU BM )BOFMU .FMDIJPS,BTUOFS 4DIOFMM
4DIVMU[F.PUFM 4FJEFNBOO D 6QIPG ;FWFOEF
"NNJWJTOBHB
GSVJUJOH 8FU
"NNJWJTOBHB -
-BN $PNNPO/BNFT(FSNBO #FJFOEFS ,BSEBNPN *O
EPOFTJBOQBOBTB
QBOBTBO
QBOF
4ZOPOZNT"QJVNWJTOBHB -
$SBOU[
%BVDVTWJTOBHB 6TBHFQVOHFOUDPOEJNFOU
- 1BSUT6TFEGSVJU
JOOFSQBSUPGQFUJPMFT
$PNNPO/BNFTLIFMMB
MFTTFS CJTIPQT XFFE
QJDL %JTUSJCVUJPO*OEPOFTJB 44VMBXFTJ
UPPUI
WJTOBHB "SBCJD LIFMBM
LIFMMB
LIJMMB /PUFF TFFEDPBU BOE WFSZ ZPVOH TUFN BSF TPNF
CBMBEJ
OPVLIB'SFODIGSVJUBVYDVSFEFOUT
GSVJU UJNFTEJSFDUMZVTFEBTBQVOHFOUDPOEJNFOU
EF LIFMMB (FSNBO "NNJ
;BIOTUPDIFS,SBVU
*UBMJBO LFMMB
WJTOBHB ,PSFBO BNNJ 3VTTJBO (V[NBO4JFNPOTNB0ZFO%VOH
BNNJ[VCOBKB4QBOJTIFTDVSBEFOUJT
WJ[OBHB
6TBHFTQJDF
TPVSDFPGLIFMMJOBOEYBOUIPUPYJO
1BSUT6TFEGSVJU "NPNVNBMCPWJPMBDFVN3JEMFZ
%JTUSJCVUJPO48 &VSPQF *CFSJB
'SBODF
5VSLFZ
$Z
QSVT
/ *SBR
*SBO
$BOBSZ *TMBOET
/ "GSJDB
8 "GSBNPNVNBMCPWJPMBDFVN 3JEMFZ
,4DIVN
"TJB
OBUJWFFMTFXIFSF
"NPNVNBMQJOJB3PUUCPFM "NPNVNDFWVHB4FFNBOO
"
3FOFBMNJBBMQJOJOB 3PFUCCPFM
.BBT 6TBHFTDFOUJOHDPDPOVUPJM
1BSUT6TFETFFE
%JTUSJCVUJPO1BDJD*TMBOET5BIJUJ
.BSRVFTBT
'JKJ
"NPNVNBOHVTUJGPMJVN4BMJTC
6QIPG
;JOHJCFSPDJOBMF3PTD
"NPNVNDMVTJJ)BOC
"NPNVNBOHVTUJGPMJVN4POO
"GSBNPNVNIBOCVSZJ,4DIVN
"GSBNPNVNBOHVTUJGPMJVN 4POO
,4DIVN
"NPNVNDPNQBDUVN4P-FY.BUPO
"NPNVNBSPNBUJDVN3PYC
4ZOPOZNT"NPNVNDBSEBNPNVNBVDU
OPO-
"NP
$PNNPO/BNFT#FOHBMDBSEBNPN
/FQBMDBSEBNPN
NVNLFQVMBHB4QSBHVFFU#VSLJMM
"NPNVNDBS
MBSHFDBSEBNPN'SFODIDBSEBNPNFEV#FOHBMF EBNPNVN3PYC
(FSNBO#FOHBMJTDIFS,BSEBNPN
/FQBM,BSEB $PNNPO/BNFTSPVOE DBSEBNPN
DMVTUFS DBSEB
NPN
-BOHFS,BSEBNPN*OEJBNPSBOHFMBJDIJ NPNVN +BWB DBSEBNPN GBMTF DBSEBNPN
*O
7JFUOBNFTFNBDIBV
UIBPRVB EPOFTJBO DBSEBNPN
4JBN DBSEBNPN
DIFTUFS
6TBHFTQJDFQSPEVDUFTTFOUJBMPJM DBSEBNPN $BNCPEJBO DSBWBOI %VUDI SPOEF
1BSUT6TFEDBQTVMF
TFFE LBSEFNPN'SFODIBNPNFHSBQQFDBSEBNPNF
%JTUSJCVUJPO/*OEJB "TTBN
#BOHMBEFTI
/FQBMDVM SPOE(FSNBO3VOEFS,BSEBNPN
5SBVCFO,BS
UJWBUFE BMTP JO #FOHBM
*OEJB "TTBN
UP / 7JFU EBNPN
+BWB,BSEBNPN
4JBN,BSEBNPN*OEP
OBN OFTJBOLBQVMBHB
LBQPM
QVXBSQFMBHB.BMBZTJBO
CBUBOHQFMBHB
QFMBHB
LBSEBNPFOHHWF
LQVMBHB
"SPSB1BEOFZ#FSHFS
#FSHFS#MBODLF QVBS7JFUOBNFTFCBDIEVLIV
$IPQSBFUBM&SIBSEUFUBM(V[NBO4JFNPOTNB
6TBHFTQJDFQSPEVDUFTTFOUJBMPJM
)BHFS
)BOFMU )JMMFS.FM[JH )PMUUVN
,VNBS .FMDIJPS,BTUOFS 0HMF FU BM 0WFSEJFDL
1BSUT6TFEDBQTVMF
TFFE
1SVUIJ4DIVMU[F.PUFM4JFXFL5VGFMFUBM %JTUSJCVUJPOFOEFNJD JO 8 +BWB DVMUJWBUFE +BWB
4V
5FVTDIFS5VSPWBFUBM6QIPG8FBMUIPG*O NBUSB
.PMVDDBT
.BMBZTJB
4$IJOB
EJB
8)0.BOJMB;FWFOEF8FU /PUFF GSVJUT IBWF B DBNQIPS UBTUF BOE UIF TFFET
TFSWFBTBDPOEJNFOUJODBLFT
"NPNVNDPNQBDUVN4PMFY.BUPO "NPNVNDVSDVNB+BDR
$VDVNBMPOHB-
"NPNVNDBSEBNPNVN3PYC
"NPNVNDPNQBDUVN4PMFY.BUPO
".0.6.3PYC$BSEBNPN;JOHJCFSBDFBF
" "NPNVNEBOJFMMJJ+%)PPL .PUFM 5VGFM FU BM 5FVTDIFS 5VSPWB FU BM
6QIPG;FWFOEF8FU
"GSBNPNVNEBOJFMMJJ +%)PPL
,4DIVN
"NPNVNHSBDJMF#MVNF
"NPNVNEFBMCBUVN3PYC
$PNNPO/BNFTTMFOEFSDBSEBNPN(FSNBO4DIMBOL
"NPNVNNBYJNVN3PYC FS ,BSEBNPN
(SB[JMFS ,BSEBNPN .BMBZTJBO
TFSLPN4BOTLSJUFMBFMB
TFSLLPN
QBSBIVMO
6TBHFTQJDF
BWPSJOH
"NPNVNFDIJOPTQIBFSB,4DIVNFY 1BSUT6TFEMFBG MFFL
"NPNVNHBHOFQBJOJJ5-8V
"NPNVNLFQVMBHB4QSBHVFFU#VSLIJMM
4ZOPOZNT"NPNVNUIZSTPJEFVN(BHOFQ
$PNNPO/BNFT7JFUOBNFTFSJOHN "NPNVNDPNQBDUVN4PMFU.BUPO
6TBHFTQJDF
1BSUT6TFEGSVJU DBQTVMF
)BOFMU "GSBNPNVNLPSBSJNB1FSFJSBFY&OHM
"NPNVNHBMBOHB- "NPNVNLSFSWBOI1JFSSFFY(BHOFQ
"MQJOJBHBMBOHB -
8JMM 4ZOPOZNT"NPNVNWFSVN#MBDLX
$PNNPO/BNFT$BNCPEJBO DBSEBNPN
DIFTUFS DBS
EBNPN
#FOHBM DBSEBNPN
4JBN DBSEBNPN
"NPNVNHMPCPTVN-PVS $BNCPEJBOLSFWBOI
LSFSWBOI
LSFLPTINPM$IJ
OFTF QBJ UPV LPV 'SFODI DBSEBNPNF LSFSWBOI
4ZOPOZNT"MQJOJBHMPCPTB -PVS
)PSBO (FSNBO *OEPDIJOB,BSEBNPN
,BNCPETDIB
$PNNPO/BNFTSPVOE $IJOFTF DBSEBNPN
DBSEB ,BSEBNPN BJ LSBXBO 7JFUOBNFTF TB OIPO
NPN OJHSB $IJOFTF DBP LPV
(FSNBO #JUUFSFS LSFLPLSFSWBOI
,BSEBNPN
$IJOFTJTDIFS,BSEBNPN4DIXBS[FS 6TBHFTQJDF MPDBMMZ
FHGPSDVSSZBOEDBLFTJO&VSP
,BSEBNPN
#BTUBSE,BSEBNPN,PSFBODIPEV QFEJFSFOUGPSTBVDFTBOEMJRVFVST
HVQIVM7JFUOBNFTFNUS 1BSUT6TFEDBQTVMF
TFFE
6TBHFTQJDF
DPOEJNFOU %JTUSJCVUJPO4&"TJB
$BNCPEJB
$IJOBBOEBJMBOE
1BSUT6TFEGSVJU
TFFE BMTPDVMUJWBUFE
%JTUSJCVUJPO4$IJOB
&)JNBMBZBT
7JFUOBN$BNCP
EJB
-BPT
/ BJMBOE
JO $IJOB BOE ,PSFB BMTP #PJT #VSLJMM %BMCZ &SIBSEU FU BM )BHFS
)BOFMU )JMMFS.FM[JH )PMUUVN .FMDIJPS
DVMUJWBUFE
,BTUOFS0ZFO%VOH1FUFS4DIVMU[F.PUFM
4FJEFNBOO D 4JFXFL 5FVTDIFS 6QIPG
(V[NBO4JFNPOTNB )BHFS
)BHFS
)BOFMU
;FWFOEF8FU
/PSNBO0WFSEJFDL0ZFO%VOH4DIVMU[F
".0.6.3PYC$BSEBNPN;JOHJCFSBDFBF
"NPNVNNBYJNVN3PYC "NPNVNSPTFVN,4DIVN
"
4ZOPOZNT"NPNVNEFBMCBUVN3PYC
$BSEBNPNVN &UMJOHFSBSPTFB#VSUUFU4NJUI
EFBMCBUVN,VOU[F
$PNNPO/BNFT+BWBDBSEBNPN$IJOFTFHVPHV(FS
NBO +BWB,BSEBNPN +BWBOFTF STBI
XSTBI "NPNVNTBOHVJOFVN,4DIVN
IBOHHBTB
6TBHFTQJDF "GSBNPNVNBOHVTUJGPMJVN 4POO
,4DIVN
1BSUT6TFEDBQTVMF
TFFE
%JTUSJCVUJPO*OEJB 4JLLJN
#BOHMBEFTI
.BMBZTJBJO
*OEJB
$IJOBBOE+BWBBMTPDVMUJWBUFE "NPNVNTUFOPHMPTTVN#BLFS
4ZOPOZNT$BSEBNPNVNTVCVMBUVN,VOU[F
"NPNVNNFMFHVFUB3PTD $PNNPO/BNFT#FOHBMDBSEBNPN
/FQBMDBSEBNPN
CSPXO DBSEBNPN
HSFBUFS DBSEBNPN
MBSHF DBS
"GSBNPNVNNFMFHVFUB,4DIVN EBNPN
XSJOHFE DBSEBNPN
*OEJBO DBSEBNPN
'SFODI DBSEBNPNF EV /QBM (FSNBO -BOHFS
,BSEBNPN
(SPFS ,BSEBNPN
/FQBM,BSEB
"NPNVNNJPHB5IVOC NPN
4JLLJN,BSEBNPN *OEJBO CBSB JMBDIBJ
FMDIP
NPUWFMEPE
LUUFZFMBLLZ CBSB BMBDIJ
;JOHJCFSNJPHB VOC
3PTD #FOHBM
6TBHFTQJDF MPDBMMZ
TQFDJBMMZGPSDVSSJFT
TPVQT
TBV
TBHFT
TXFFUTQSPEVDUFTTFOUJBMPJM
"NPNVNNPOUBOVN,PFOJH 1BSUT6TFETFFE
%JTUSJCVUJPOUSPQJDBM"TJB)JNBMBZBT /FQBM
#IVUBO
;JOHJCFSDBTTVNVOBS3PYC *OEJB 4JLLJN
BMTPDVMUJWBUFE
/PUF "MTPBTVCTUJUVUFGPSUSVFDBSEBNPN
"NPNVNTZMWFTUSF-BN
"NPNVNSBDFNPTVN-BN ;JOHJCFS[FSVNCFU -
3PTDFY4N
&MFUUBSJBDBSEBNPNVN -
.BUPO
".0.6.3PYC$BSEBNPN;JOHJCFSBDFBF
(V[NBO4JFNPOTNB)PMUUVN-BSTFOFUBM0ZFO
%VOH8POH
"NPNVNYBOUIJPJEFT8BMMFY#BLFS
"NPNVNWFSVN#MBDLX
"NPNVNYBOUIJPJEFTWBSYYBOUIJPJEFT
"NPNVNLSFSWBOI1JFSSFFY(BHOFQ 8BMMFY#BLFS
5-8VFU4+$IFO
"NPNVNYBOUIJPJEFT8BMMFY#BLFS
"NPNVNWJMMPTVN-PVS
"NPNVNXBMBOH #MVNF
7BM BOBDZDMF
QZSUISFE"GSJRVF(FSNBO%FVUTDIFS
#FSUSBN
3NJTDIFS #FSUSBN )JOEJ BLBSLBSB
"
&UMJOHFSBXBMBOH #MVNF
3.4NJUI *OEJB BLBIBSB *UBMJBO QJSFUSP SPNBOP 3VTTJBO
SPNBTDILB OFNF[LBKB 4BOTLSJU BLBSBLBSBCIB
BLBMMBLB4QBOJTIQFMJUSF
"NPNVN[FEPBSJB$ISJTUN 6TBHFTQJDFQSPEVDUFTTFOUJBMPJM GPSMJRVFVSTSBSF
MZ
$VSDVNB[FEPBSJB $ISJTUN
3PTD 1BSUT6TFESPPU
%JTUSJCVUJPO8.FEJUFSSBOFBOSFHJPO4&4QBJO
.P
SPDDP
"MHFSJBDVMUJWBUFEJO1BLJTUBO
*OEJBBMTP
"NPNVN[FSVNCFU- JO "VTUSJB
(FSNBOZ
UIF /FUIFSMBOET BOE )VO
HBSZ
;JOHJCFS[FSVNCFU -
3PTDFY4N
"JDIFMF4DIXFHMFS
"OES$IPQSBFUBM&SIBSEU
FU BM )BOFMU )JMMFS.FM[JH 4FJEFNBOO D
5VGFMFUBM8TUFOGFME)BFOTFM;FWFOEF8FU
"NPNVN[JOHJCFS-
;JOHJCFSPDJOBMF3PTD
"/$*4530$-"%648BMM
"ODJTUSPDMBEBDFBF
".1&-0$*44641MBODI
7JUBDFBF
"ODJTUSPDMBEVTFYUFOTVT8BMMFY1MBODI
"NQFMPDJTTVTBGSJDBOVT -PVS
.FSS "ODJTUSPDMBEVTUFDUPSJVT.FSS
4ZOPOZNT"NQFMPDJTTVTHSBOUJJ1MBODI
6TBHFDPOEJNFOU JO6CBOHJ
"ODJTUSPDMBEVTUFDUPSVT -PVS
.FSS
1BSUT6TFESPPU
%JTUSJCVUJPO8"GSJDB 4ZOPOZNT"ODJTUSPDMBEVTFYUFOTVT8BMMFY1MBODI
6TBHFBWPSJOH
#VSLJMM
1BSUT6TFEUFOEFSMFBG
%JTUSJCVUJPO*OEJB
TFBDPBTUJOUIF"OEBNBOT*TMBOET
"NQFMPDJTTVTHSBOUJJ1MBODI "SPSB1BOEFZ0ZFO%VOH
"NQFMPDJTTVTBGSJDBOVT -PVS
.FSS
"OESPQPHPODJUSBUVT%$FY/FFT
"OESPQPHPODJUSJPEPSVN%FTG
"OBDZDMVTQZSFUISVN -
-BH
$ZNCPQPHPODJUSBUVT %$
4UBQG
$PNNPO/BNFT3PNBO QFMMJUPSZ
4QBOJTI QFMMJUPSZ
4QBOJTIDIBFNPNJMB
QZSFUISVN"SBCJDBHBSHBS
IB#SB[JM 1PSUVHVFTF
QJSFUSPEBGSJDB'SFODI
"/&5)6.-"QJBDFBF 6NCFMMJGFSBF
$ZNCPQPHPOOBSEVT -
3FOEMFWBSDPOGFSUJPSVT $ZNCPQPHPOTDIPFOBOUIVT -
4QSFOH
4UBQGFY#PS
"OESPQPHPOTRVBSSPTVT)BDLFM
"OESPQPHPOGFTUVDPJEFT+41SFTM
7FUJWFSJB[J[BOJPJEFT -
/BTI
7FUJWFSJB[J[BOJPEFT -
/BTI
"OESPQPHPO[J[BOJPJEFT6SCBO
"OESPQPHPOGMFYVPTVT/FFTFY4UFVE
7FUJWFSJB[J[BOJPJEFT -
/BTI
$ZNCPQPHPOFYVPTVT /FFTFY4UFVE
4UBQG
"/&5)6.-
"OESPQPHPOHJHBOUFVT)PDITU "QJBDFBF 6NCFMMJGFSBF
$ZNCPQPHPOHJHBOUFVT )PDITU
$IJPW
"OFUIVNGPFOJDVMVN-
"OESPQPHPOJXBSBODVTB8+POFT 'PFOJDVMVNWVMHBSF.JMM
$ZNCPQPHPOJXBSBODVTB +POFT
4DIVMUFY3PFNFU
4DIVMU "OFUIVNHSBWFPMFOT-
1BTUJOBDBTBUJWB-
%JTUSJCVUJPO&"TJB$IJOB
+BQBO
"OFUIVNQJQFSJUVN6DSJB
)BOFMU4DIVMU[F.PUFM8JFSTFNB-FO
'PFOJDVMVNWVMHBSF.JMMTTQQJQFSJUVN 6DSJB
$PVU
"OHFMJDBBSDIBOHFMJDB-
4DBOEJOBWJB
XJEFMZOBUJWFFMTFXIFSF "OHFMJDBKBQPOJDB"(SBZ
/PUFFTUFNBSFPFODBOEJFEBOEVTFEJODPOGFD
UJPOFSZ
"OHFMJDBLFJTLFJ .JR
,PJE[
"JDIFMF4DIXFHMFS
#FSHFS
#PJT #PVSOPU
#SFNOFTT#SVZBOFUBM$IFFST$PJDJV3BD[
$PNNPO/BNFT+BQBOFTFBTIJUBCB
OP ZFBS
%POFBOV"OJUFTDV %VEUTDIFOLP FU BM &S
IBSEUFUBM&SJDITFO#SPXO'MFJTDIIBVFS(FOJVT
6TBHFTQJDF
BWPSJOHBQQMJFE"OHFMJDBBSDIBOHFMJDB
)BHFS
)BOFMU)FFHFS)JMMFS.FM[JH 1BSUT6TFESPPU
)PINBOOFUBM)PMNFUBM)PQQF,FSSPMBFUBM %JTUSJCVUJPO+BQBO
FTQFDJBMMZ*[V*TMBOE
/FXBMMFUBM/ZLOFOFUBM0QEZLFB1BS
PVMFUBM1PDIMKPCLJO
1SVUIJ1TDIZSFNCFM )BOFMU4DIVMU[F.PUFM5FVTDIFS
3PUI,PS[NBOO 4DIOGFMEFS 4DIVMU[F.PUFM
4FJEFNBOOD4FJEFNBOO4JFCFSU4IBSNB
4NBMM 4UBFTDIF 5BTLJOFO/ZLOFO 5VGFM FU BM
5VDLFS 6CJMMPT 8JFSTFNB-FO 8PMTLJ FU "OHFMJDBMVDJEB-
BM8TUFOGFME)BFOTFM8ZLFUBM;FWFOEF8FU
;PCFM#SPXO $PNNPO/BNFTTFBTJEFBOHFMJDB
TFBXBUTDI
6TBHFTQJDF SBSFMZ
1BSUT6TFESPPU
"OHFMJDBHMBVDB&EHFX %JTUSJCVUJPO8FTUFSO/"NFSJDBGSPN0SFHPOUP"MBT
LB
/ $BOBEB UP 4JCFSJB
/FXGPVOEMBOE
-BCSB
$PNNPO/BNFT(FSNBO #MBVHSOF &OHFMXVS[ *O EPS
EJBHBOESBZBO
DIPIPSF
DIPSB
6TBHFBWPSJOH )PQQF
4NBMM
1BSUT6TFESPPU
%JTUSJCVUJPO8)JNBMBZBT
/PUFFSPPUTIBWFBDFMFSZMJLFBWPS "OHFMJDBNBKPS(JMJC
"SPSB1BOEFZ%IBS%IBS4IBSNB8FBMUIPG*OEJB "OHFMJDBBSDIBOHFMJDB-
"OHFMJDBPGGJDJOBMJT .PFODI
)PGGN
"OHFMJDBKBQPOJDB"(SBZ
"OHFMJDBBSDIBOHFMJDB-
4ZOPOZNT"OHFMJDBLJVTJBOB.BYJN
"OHFMJDBTFJCPMEJJ
.JR
$PNNPO/BNFT+BQBOFTF BSDIBOHFM $IJOFTF NB "OHFMJDBQPMZNPSQIB.BYJNWBSTJOFOTJT
DIJOH (FSNBO +BQBOJTDIF &OHFMXVS[ FM
+BQB 0MJW
OFTFIBNBVEP
POJVEP
6TBHFTQJDF
BWPSJOH "OHFMJDBTJOFOTJT 0MJW
%JFMT
1BSUT6TFESPPU
GSVJU
%JTUSJCVUJPO$IJOB
5BJXBO
+BQBO
,PSFB
"OHFMJDBTFJCPMEJJ.JR
)BOFMU4DIVMU[F.PUFM4FJEFNBOOD5VGFMFUBM
"OHFMJDBKBQPOJDB"(SBZ
"/*#""VCM-BVSBDFBF
"OHFMJDBTJOFOTJT 0MJW
%JFMT "/*#""VCM
-BVSBDFBF "
4ZOPOZNT"OHFMJDB QPMZNPSQIB .BYJN WBS TJOFOTJT
0MJW
$PNNPO/BNFT$IJOFTF BOHFMJDB $IJOFTF EBOH HVJ
"OJCBDBOFMMJMB )#,
.F[
EPOH HVJ
EBOH HVBJ
EPOH HVBJ (FSNBO $IJ
OFTJTDIF "OHFMJLBXVS[ FM
+BQBOFTF TIJSBOF 4ZOPOZNT$SZQUPDBSJBDBOFMMJMB)#,
TFOLZ
TV[VLB[FSJ $PNNPO/BNFT0SJOJLP DJOOBNPN #SB[JM 1PSUV
6TBHFTQJDFGPSTPVQTBOEQPVMUSZNFBU HVFTF
DBOFMMJMB
DBTDB QSFDJPTB
MBVSP QSFDJPT
1BSUT6TFESPPU QFSFJSPS(FSNBO0SJOPLP;JNU
%JTUSJCVUJPO$IJOB
*OEJB
*OEPDIJOB
.BMBZTJB
"VT 6TBHFTQJDF
USBMJB
"GSJDB
OBUJWFFMTFXIFSFJOUSPQJDBMSFHJPOT 1BSUT6TFECBSL
MFBG
%JTUSJCVUJPO#SB[JM "NB[POBT SFHJPO
$PMVNCJB
)BOFMU -DL 4DIVMU[F.PUFM 8JFSTFNB-FO 7FOF[VFMB
(VBZBOB
/PUFF MFBWFT BOE UIF CBSL IBWF B DJOOBNPOMJLF
BWPS
4ZOPOZNT-JHVTUJDVNUFOVJTTJNVN /BLBJ
,JMBH ,VNBS
$PNNPO/BNFT(FSNBO;BSUF"OHFMJLBXVS[FM
;BSUF
.VUUFSXVS[,PSFBOLPCPO
6TBHFBWPSJOH GPSUSBEJUJPOBM"TJBOEJTIFT
"OJCBSPTBFEPSB%VDLF
1BSUT6TFEIFSC
%JTUSJCVUJPO"TJB,PSFB
/&$IJOB
BMTPDVMUJWBUFE 4ZOPOZNT"OJCBEVDLFJ,PTUFSN
$PNNPO/BNFTSPTF XPPE #SB[JM 1PSUVHVFTF
CPJT
#BJL FU BM )BOFMU )ZBOH4PPL $IPJ FU BM 1V EF SPTF %VUDI FDIU SP[FOIPVU 'SFODI CPJT EF
SPTFGFXNFMMF
CPJTEFSPTFEF$BZFOOF(FSNBO
#SBTJMJBOJTDIFT3PTFOIPM[1PSUVHVFTFQPSPTB
6TBHFBWPSJOHQSPEVDUFTTFOUJBMPJM
1BSUT6TFEXPPE
%JTUSJCVUJPOUSPQJDBM4"NFSJDB#SB[JM
.FYJDPDVMUJ
WBUFEJO'SFODI(VZBOB
4VSJOBN
"/*40$)*-648BMMFY#FOUI-BNJBDFBF -BCJBUBF
"/*40$)*-648BMMFY#FOUI
-BNJBDFBF -BCJBUBF
"OJTPDIJMVTTJBNFOTJT3JEM
6TBHFTQJDF
1BSUT6TFEMFBG
%JTUSJCVUJPO/8BJMBOE
)BOFMU
"OJTVNPGGJDJOBSVN.PFODI
1JNQJOFMMBBOJTVN-
1JNQJOFMMBBOJTVN-
&SIBSEUFUBM)BOFMU)BVNBOO
"OOPOBNZSJTUJDB(BFSUO
.POPEPSBNZSJTUJDB (BFSUO
%VOBM "OUIBEFOJBTFTBNPJEFT-FN
4FTBNVNJOEJDVN-
"/3&%&3"+VTT
#BTFMMBDFBF
"OUIFNJTOPCJMJT-
"OSFEFSBDPSEJGPMJB 5FO
WBO4UFFOJT $IBNBFNFMVNOPCJMF -
"MM
4ZOPOZNT#PVTTJOHBVMUJBDPSEJGPMJB5FO
$PNNPO/BNFTCSJEBM XSFBUI
DBTDBEF DSFFQFS
.B "/5)09"/5)6.-
EFJSB WJOF "SHFOUJOB QBQJMMB
[BS[B #SB[JM 1PS 1PBDFBF (SBNJOFBF
UVHVFTF
CFSUBMIB 'SFODI QBUBF E"NSJRVB
(FSNBO.BEFJSB8FJO
1FSV1PSUVMBL
3FTFEFO
XFJO4QBOJTIFOSFEBEFSBEFMNPTRVJUP
QBSSBEF "OUIPYBOUIVNPEPSBUVN-
.BEFJSB
.BEFJSBWJOF
6TBHFTQJDF TQPSBEJDBMMZ
$PNNPO/BNFTTDFOUFE WFSOBM HSBTT
TXFFU WFSOBM
1BSUT6TFEMFBG HSBTT 'SFODI PVWF PEPSBOUF
DIJFOEFOU PEPS
%JTUSJCVUJPOTVCUSPQJDBM4"NFSJDB1BSBHVBZ
4#SB[JM
BOUF (FSNBO (FXIOMJDIFT 3VDIHSBT *UBMJBO
/"SHFOUJOB
OBUJWFJO*CFSJB
'SBODF
.BMUB QBMFJOPPEPSPTP
QBMPPEPSPTB3VTTJBOLPMPTPL
"/5*%&4."-&VQIPSCJBDFBF
EVTDIJTUZK4"GSJDBIFVOOHHSBT4QBOJTIBMFTUB
PMPSPTB
HSBNBEFPMPS
HSBNBPMPSPTB
"OUISJTDVTDFSFGPMJVN -
)PGGNWBS
TBUJWVT -BN
&OEM
"
6TBHFTQJDF
BWPSJOH
1BSUT6TFEMFBG "OUISJTDVTDFSFGPMJVN -
)PN
%JTUSJCVUJPO&VSPQF
5VSLFZ
$BVDBTVT
8
&4JCFSJB
$
"TJB
/8"GSJDBOBUJWFJO/"NFSJDB
"VTUSBMJB
5BTNBOJB "OUISJTDVTTZMWFTUSJT -
)PGGN
"JDIFMF4DIXFHMFS
"TIUPO%BWJFT $IBNJTTP $PNNPO/BNFTDPX QBSTMFZ
2VFFO "OOFT MBDF
%VEUTDIFOLP FU BM &SIBSEU FU BM 'MFJTDIIBVFS
XPPEMBOE DIFSWJM (FSNBO (FXIOMJDIFS 8JF
)BOFMU )FFHFS )FFHFS1PFUILF )JMMFS.FM[JH
3UTDI 4DIOFMMF 4DIOGFMEFS 4FJEFNBOO
TFOLFSCFM
D 5VGFM FU BM 8JFSTFNB-FO ;FWFOEF 8FU 6TBHFQPUIFSC
1BSUT6TFEZPVOHMFBG
%JTUSJCVUJPO&VSPQF
/"GSJDB
$BVDBTVT
4JCFSJBOB
UJWFJO/"NFSJDB
"/5)3*4$641FST$IFSWJM
"QJBDFBF 6NCFMMJGFSBF
&SIBSEUFUBM'BDDJPMB)KBOFMU4NBMM
"OUISJTDVTDFSFGPMJVN -
)PGGN "OUISPQIZMMVNQJOOBUVN -BN
$MBSLF
4ZOPOZNT"OUISJTDVTDFSFGPMJVN -
)PNWBSTBUJ 1PMZTDJBTDVNJOHJBOB 1SFTM
'7JMMBS
WVT -BN
&OEM
4DBOEJYDFSFGPMJVN-
$PNNPO/BNFTDIFSWJM
DIBSWJFM
HBSEFODIFSWJM"SB
CJDNBREVOJTBGSBOKJ$IJOFTFTBOMPQP%VUDI "/5*%&4."-
LFSWFM'SFODIDFSGFVJM
DFSGFVJMDVMUJW(FSNBO &VQIPSCJBDFBF
%FVUTDIFS ,FSCFM
(BSUFOLFSCFM
,FSCFM
,SCFM
,VGFM *UBMJBO DFSGPHMJP 1PSUVHVFTF DFSFGMJP
3VTTJBOLFSCFM
LVOS
TOFEPL
4QBOJTIDFSFGPMJP
"OUJEFTNBBDJEVN3VJ[
QBSJGPMMPTIVSOJ[P
6TBHFTQJDFQSPEVDUFTTFOUJBMPJM "OUJEFTNBHIBFTFNCJMMB(BFSUO
1BSUT6TFEGSFTIIFSC
%JTUSJCVUJPO&VSPQF
5VSLFZ
/*SBR
$BVDBTVT
*SBO
$
"TJB
/ "GSJDB
-JCZB
DVMUJWBUFE JO NBOZ DPVO "OUJEFTNBCVOJVT -
4QSFOH
USJFT HBSEFO
4ZOPOZNT"OUJEFTNBEBMMBDIZBOVN#BJMM
"OUJEFTNB
#FSHFS
#JMHSJ"EBN #PJT #SFNOFTT SVNQIJJ5VMBTOF
4UJMBHPCVOJVT-
$IFFST%BWJETPO%VEUTDIFOLPFUBM'BSSFMM
$PNNPO/BNFT$IJOFTF MBVSFM
(VJOFTF MBVSFM
DVS
'MFJTDIIBVFS)BOFMU)FFHFS)JMMFS.FM[JH
)PQQF-FNCFSLPWJDTFUBM.FMDIJP,BTUOFS1F
SBOU USFF
TBMBNBOEFS USFF 'SFODI BOUJEFTNF
USJFUBM1IJMJTPQI)BEBTFUBM1PDIMKPCLJO
(FSNBO-PSCFFSCMUUSJHFS'MBDITCBVN
4BMBNBO
1SVUIJ3PCCJOT(SFFOIBMHI3PTFOHBSUFO4DIO EFSCBVN *OEJB BNBUJ
BOFQV
OPMBJBMJ +BWBOFTF
GFMEFS 4DIVMU[F.PUFM FEP,SFKB 4FJEFNBOO CPFOJ
CVOJ
CVOFI *OEPOFTJBO EBPFO IPFOJ
D4FJEFNBOO4JFCFSU4JFXFL4JNBOEJFUBM .BMBZTJBOCFSVOBJ
CVOJ
MVOEPI
MVOEV1JMJQJOP
4NBMM5VGFMFUBM5FVTDIFS5VDLFS8JFSTF
CJHOBJ
COEFJ
EPLEPLP
JTJQ 4QBOJTI CJHOBJ
NB-FO;FWFOEF8FU
7JFUOBNFTFDIJNJ
MJOUV
6TBHFTQJDF SBSFMZ
1BSUT6TFEMFBG
"1*6.-$FMFSZ"QJBDFBF 6NCFMMJGFSBF
/PUFFQMBOUJO.BMBZTJBFMTFXIFSFDVMUJWBUFEGPSJUT
GSVJUT
"QJVNBNNJ$SBOU[
"SPSB1BOEFZ %BWJETPO &SIBSEU FU BM )BOFMU
)JMMFS.FM[JH0DITFFUBM4DIVMU[F.PUFM
"NNJNBKVT-
5VGFMFUBM8JFSTFNB-FO;FWFOEF8FU
"QJVNBOJTVN -
$SBOU[
"OUJEFTNBEBMMBDIZBOVN#BJMM
1JNQJOFMMBBOJTVN-
"OUJEFTNBCVOJVT -
4QSFOH
"QJVNDFMMFSJ(BFSUO
"OUJEFTNBHIBFTFNCJMMB(BFSU
"QJVNHSBWFPMFOT-
4ZOPOZNT"OUJEFTNBBDJEVN3VJ[
"OUJEFTNBQVCFT
DFOT3PYC
$PNNPO/BNFTCMBDLDVSSBOU
DIJOFTFMBVSFM(FSNBO "QJVNDSJTQVN.JMM
"OUJEFTNBCMUUFS )JOEJ KBOVQSVMJTBSV
VNUBP
*OEJB KBOVQSVMJTBSV
QVMMBNVSBTJ HJEB
VNUBP 1FUSPTFMJOVNDSJTQVN .JMM
/ZN
+BWBENQVM
TFQBU.BMBZTJBOHVODIBL
HVDIFL
HVODIJO 1JMJQJOP CBOJZVZP 4VNBUSB LVODIJS
BJNBPTPJ "QJVNEVMDF.JMM
6TBHFTQJDF
QPUIFSC
1BSUT6TFEMFBG "QJVNHSBWFPMFOT-
%JTUSJCVUJPO"TJB*OEJB
/FQBM
$IJOB
#IVUBO
.ZBO
NBS
4SJ-BOLB
1IJMJQQJOFT
+BWBUSPQJDBM"GSJDB
DVMUJWBUFEJOUIF5SPQJDT "QJVNHSBWFPMFOT-
1BSUT6TFEMFBGTFFEGPSTQJDFTBMU DFMFSZTBMU
"JDIFMF4DIXFHMFS
#SUFMT#BSUTDIBU.PTBOEM
#FJFS0FSUMJ #FJFS FU BM #FOEFM #FSHFS
JQJOPLJOUTBZ3VTTJBOTFMEFSFKMJTUPWPK4QBOJTI
BQJP EF DPSUBS
BQJP QFRVFP BJ LIFO DIBBJ
"
#KFMEBOFT,JN#PJT#PTBCBMJEJT#SFNOFTT
QIBLDIFFMPN
$IFFST%BWJETPO%PWJDPWJDPFUBM%VEUTDIFOLP
6TBHFTQJDF
FU BM %VLF FU BM 'BSSFMM 'FIS )BCFHHFS
4DIOJU[MFS )BHFS
)BOFMU )FFHFS )FMN 1BSUT6TFEMFBG
UVCFS
)JMMFS.FM[JH)PQQF*MZBTW,PFOFO %JTUSJCVUJPOPOMZDVMUJWBUFE
,SCFS(SPIOF.BD-FPE+BNFT.BD-FPEFUBM
.FMDIJPS,BTUOFS .PSSJT.BDLMFZ /FXBMM FU BM "JDIFMF4DIXFHMFS
#SUFMT#PTBCBMEJT&SIBSEU
/JHH FU BM 0QEZLF B 1IJMJQQF FU BM 1PDIMKPC FU BM 'FIS )BCFHHFS4DIOJU[MFS )BHFS
LJO
1SVUIJ 1TDIZSFNCFM 3BP FU BM )BOFMU )VUUPO 1JOP FU BM 4FJEFNBOO D
3PTFOHBSUFO 3PUI,PSNBOO 4DIFODL/BVOEPSG 4FJEFNBOO4JFCFSU4IPSU5VGFMFUBM5FVTDIFS
4DIOGFMEFS4DIVMU[F.PUFM4FJEFNBOOD 8JFSTFNB-FO
4FJEFNBOO4JFCFSU 4GJLBT 4IBSNB 4IPSU
4JFNPOTNB1JMVFL 4NBMM 4UBFTDIF 5VGFM FU BM
5FVTDIFS6IMJHFUBM7JMMBNBSFUBM8BTTFO
"QJVNJOWPMVODSBUVN3PYCFY'MFN
IPWFFUBM8JFSTFNB-FO;FWFOEF8FU
5SBDIZTQFSNVNSPYCVSHIJBOVN %$
$SBJC
"QJVNHSBWFPMFOT-WBSSBQBDFVN .JMM
(BVEJO "QJVNMBUJGPMJVN.JMM
" "26*-"3*"-BN
5IZNFMBFBDFBF
NBOPCJ $IJOFTF DIBOH TMBOH LVP
GBO UPV
MVP
IVB TIPBH
UV UPV 'SFODI BSBDIJEF
DBDBIPVUF
(FSNBO&SEOVTT)JOEJNVOHQIBMJ*OEJBNPO
HQIBMJ *UBMJBO BSBDIJEF +BQBOFTF ZBUDIBTFJ
KJ
"RVJMBSJBBHBMMPDIB3PYC NBNJ ,PSFBO UBOHLIPOH .FYJDP DBDBIVBUF
.BMBZTJBOLBDIBOHDIJOB
LBDIBOHHPSJ1JMJQJOP
$PNNPO/BNFTBHBS XPPE
FBHMF XPPE "SBCJD PVE CBUVOHDIJOB
NBOJ
1PSUVHVFTFBNFOEPJOF3VT
LBNFJSB(FSNBO"EMFSIPM[ TJBO BSBDIJT
[FNM BOPKPSFDI 4QBOJTI BWFMMBOB
6TBHFDPOEJNFOU JOHSFEJFOUTPGi3BTFM)BOPVUu
BNFSJDBOB
DBDBIVFUF
NBO
1BSUT6TFEGSBHSBOUXPPE 6TBHFTQJDF NFBU
%JTUSJCVUJPOPSJHJOUSPQJDBM4"NFSJDBPOMZDVMUJWBUFE
%BWJETPO%JOH)PV)FQQFS3UTDI JOUFNQFSBUFSFHJPOT4"NFSJDBBOE"GSJDB
#MBODLF$IFFST)BHFS
)BOFMU)JMMFS.FM
[JH .FOOJOHFS /FVXJOHFS 4DIFODL/BVOEPSG
"RVJMBSJBLIBTJBOB))BMMJFS
4DIOGFMEFS 4DIVMU[F.PUFM 5VGFM FU BM
;FWFOEF8FU
$PNNPO/BNFT,IBTJFBHMF XPPE (FSNBO ,IBTJ
"EMFSIPM[
6TBHFDPOEJNFOU SBSFMZ
1BSUT6TFEGSBHSBOUXPPE "SBMJBRVJMGPZMFJ$PHOFU.BSDI
%JTUSJCVUJPO*OEJB"TTBN,IBTJNPVOUBJOT
1PMZTDJBTHVJMGPZMFJ $PHOFU.BSDI
#BJMFZ
)FQQFS
"SDIBOHFMJDBPGGJDJOBMJT)PGGN
"RVJMBSJBNBMBDDFOTJT-BN
"OHFMJDBBSDIBOHFMJDB-
$PNNPO/BNFT*OEJBO BMPFXPPE
.BMBDDB FBHMF
XPPE(FSNBO.BMBDDB"EMFSIPM[4&"TJBBMJN
CBMPL "3$)*%&/%30/'.VFMM
6TBHFDPOEJNFOU SBSFMZ
'BCBDFBF -FHVNJOPTBF
1BSUT6TFEGSBHBOUXPPE
%JTUSJCVUJPO.ZBONBSUP.BMBDDB
.BMBZTJB"SDI
/PUFF XPPE IBT BO JOGFSJPS RVBMJUZ *U JT UIF BMPF "SDIJEFOESPOGBHJGPMJVN #MVNFFY.JR
*
PGUIFCJCMF /JFMTPO
#VSLJMM %JOH )PV )BOFMU )FQQFS 3UTDI 4ZOPOZNT1JUIFDFMMPCJVNBOHVMBUVNBVDUOPO#FOUI
8JFSTFNB-FO
1JUIFDFMMPCJVNGBHJGPMJVN#MVNFFY.JR
1JUIFDFM
MPCJVNNJOEBOBFOTF.FSS
$PNNPO/BNFT*OEPOFTJBO KFOHLPMBO
+BWBOFTF KFS
"3"$)*4-1FBOVU JOHHPMFOH1JMJQJOPLVMJLVM
MBMBUBO
UPNBOBH
'BCBDFBF -FHVNJOPTBF
6TBHFTQJDF MPDBMMZ
1BSUT6TFETFFE
%JTUSJCVUJPOBJMBOE
.ZBONBS
#PSOFP
+BWB WBS
"SBDIJTIZQPHBFB- CPSOFFOTF/JFMTFO
1IJMJQQJOFT WBS.JOEBOBFOTF
<.FSS>/JFMTFO
4VNBUSB WBSGBHJGPMJVN
"SDIJEFOESPOKJSJOHB +BDL
*/JFMTFO "SEVJOBFEVMJT4QSFOH
"
4ZOPOZNT.JNPTB KJSJOHB +BDL
1JUIFDFMMPCJVN KJSJO $BSJTTBFEVMJT7BIM
HB +BDL
1SBJO FY ,JOH
1JUIFDFMMPCJVN MPCBUVN
#FOUI
$PNNPO/BNFTKFSJOH UBNBSJOE (FSNBO .BMBZJ "3*450-0$)*"-
TDIFS "FOPISSJOH *OEPOFTJBO KFOHLPM
KFSJOH "SJTUPMPDIJBDFBF
.BMBZTJBOKJSJOH
EKFSJOHBJKBXBOHOJFOH
6TBHFDPOEJNFOU
BWPSJOH
1BSUT6TFETFFE DPPLFEHSFFOBOESJQF
"SJTUPMPDIJBIBTUBUB/VUU
%JTUSJCVUJPO*OEJB
.ZBONBS
.BMBZTJB
"SJTUPMPDIJBTFSQFOUBSJB-
#PJT&SIBSEUFUBM
5VGFMFUBM6QIPG
8JFSTFNB-FO;FWFOEF8FU
"SJTUPMPDIJBPGGJDJOBMJT/FFT
"3%*4*"4X "SJTUPMPDIJBTFSQFOUBSJB-
.ZSTJOBDFBF
"SJTUPMPDIJBTFSQFOUBSJB-
"SEJTJBCPJTTJFSSJ"%$
4ZOPOZNT"SJTUPMPDIJB IBTUBUB /VUU
"SJTUPMPDIJB PG
"SEJTJBTRVBNVMPTB1SFTM DJOBMJT/FFT
$PNNPO/BNFT7JSHJOJB TFSQFOUBSZ
7JSHJOJB TOBLF
SPPU (FSNBO 7JSHJOJTDIF 4DIMBOHFOXVS[FM *O
"SEJTJBESVQBDFB #MBODP
.FSS EJBTBSQNPPMB3VTTJBO[NFKVZKLPSFO
6TBHFTQJDF
BWPSJOH PG MJRVFVST BOE CJUUFS
FH BO
"SEJTJBTRVBNVMPTB1SFTM HPTUVSB
CPPOFLBNQ
1BSUT6TFESIJ[PN
%JTUSJCVUJPO/ "NFSJDB 'MPSJEB
7JSHJOJB
DVMUJWBUFE
"SEJTJBIVNJMJTBVDU
OPO7BIM JO*OEJB
"SEJTJBTRVBNVMPTB1SFTM $IBSBMBNCPVT&SIBSEUFUBM)BOFMU)JMMFS.FM[JH
4FJEFNBOOD8TUFOGFME)BFOTFM
"SEJTJBTRVBNVMPTB1SFTM
"3.&/*"$"4DPQPMJ
4ZOPOZNT"SEJTJB CPJTTJFSJ " %$
"SEJTJB ESVQBDFB 3PTBDFBF
#MBODP
.FSS
"SEJTJBIVNJMJTBVDU
OPO7BIM
$PNNPO/BNFTTQJDZCFSSZ(FSNBO4DIVQQJHF4QJU
[FOCMVNF1JMJQJOPCBCBHJPO
CVUBV
UBHQP "SNFOJBDBEBTZDBSQB &ISI
#PSLI
6TBHFBWPSJOH TI
" 1BSUT6TFEGSVJU
%JTUSJCVUJPO"TJB*SBO"GHIBOJTUBO
,BTINJS
&VSPQF
"JDIFMF4DIXFHMFS
#FOEFM#PJT#SFNOFTT
$IFFST$PVSUFS3IPEFT%BWJETPO%VEUTDIFOLP
FU BM %VF FU BM 'BSSFMM (BMBDDJ (JMCFSU
'SBODFUP6LSBJOF
5SBOTDBVDBTJB
TPVUIFSO64"
/VSTUFO(SPC.BUJMF(V[NBO4JFNPOTNB)BH
/PUFFQMBOUJTBTQPOUBOFPVTIZCSJEPG"SNFOJBDB
FS
)BOFMU)BOTFO)FSSNBOOC)JMMFS.FM
WVMHBJT-BNY1SVOVTDFSBTJGFSB&ISI [JH)PQQF,PUPX,SBYOFSFUBM-JOFUBM
.FMDIJPS,BTUOFS .PSSJT.BDLMFZ /FXBMM FU BM
)BOFMU4DIVMU[F.PUFM 1PDIMKPCLJO
1TDIZSFNCFM1VSTHMPWF
3IPEFTFUBM3PTFOHBSUFO4BIBTSBCVEIF.VMMJO
4DIOGFMEFS4DIVMU[F.PUFM4FJEFNBOOD4NBMM
5VGFMFUBM5FVTDIFS5VDLFS6TIFS
"SNFOJBDBGVTDB5VSQFU1PJUFY%VIBNFM 8FCFS 8JFSTFNB-FO ;FWFOEF 8FU 8JOUFS
)PSOCPSTUFM8ZLFUBM
"SNFOJBDBEBTZDBSQB &ISI
#PSLI
"SNPSBDJBTJTZNCSJPJEFT %$
/#VTDIFY
"SNFOJBDBWVMHBSJT-BNFY1SVOVT (BOFTDI
DFSBTJGFSB&ISI
$PNNPO/BNFT3VTTJBO XJME IPSTFSBEJTI (FSNBO
"SNFOJBDBEBTZDBSQB &ISI
#PSLI 8JMEFS SVTTJTDIFS .FFSSFUUJDI 3VTTJBO DISFO
HVMKBWOJLPWZJ
DISFOMVHPWPJ
6TBHFTQJDF
"3.03"$*"(BFSUO
#.FZFU4DISFC 1BSUT6TFESPPU
)PSTFSBEJTI#SBTTJDBDFBF $SVDJGFSBF
%JTUSJCVUJPO48BOE&4JCFSJBUP4BLIBMJO
BMTPDVMUJ
WBUFEJOHBSEFOT
"SNBPSBDJBSVTUJDBOB1(BFSUO
"3/*$"-
"SNPSBDJBSVTUJDBOB(BFSUOFU#.FZFU "TUFSBDFBF $PNQPTJUBF
4DIFSC
"SUBCPUSZTIFYBQFUBMVT -G
#IBOESJ
"30/*".FEJLDIPLFCFSSZ
3PTBDFBF "SUBCPUSZTVODJOBUVT -BN
.FSS
"SUBCPUSZTIFYBQFUBMVT -G
#IBOESJ
"SPOJBBMOJGPMJB/VUU
"NFMBODIJFSBMOJGPMJB /VUU
/VUU "SUBCPUSZTTDZUPQIZMMVT %JFMT
$BWBDPFU
,FSBOESFO
"SPOJBNFMBOPDBSQB .JDIY
&MMJPU $PNNPO/BNFTUBJM HSBQF (FSNBO -FEFSCMUUSJHF
,MJNNUSBVCF
$PNNPO/BNFTCMBDLDIPLFCFSSZ'SFODIBSPOJDBEV 6TBHFTQJDFGPSTBVDFT
BWPSJOH PXFS
OPJS(FSNBO"QGFMCFFSF3VTTJBOSKBCJOBDFSOP 1BSUT6TFEIFSC
QMPEOBKB %JTUSJCVUJPO4&"TJB.BEBHBTDBSBMTPDVMUJWBUFE
6TBHFDPOEJNFOU
FTQFDJBMMZGPSTBVDFTPGWFOJTJPO
1BSUT6TFEGSVJU
"35&.*4*"-.VHXPSU"TUFSBDFBF $PNQPTJUBF
" "SUBOUIFBEVODB -
.JR 6TBHFTQJDF
BWPSJOH QSPEVDU WFSNVUI CJUUFST BOE
BCTJOUIFMJRVFVSBOEBQFSJUJGT
1JQFSBEVODVN- 1BSUT6TFEIFSC
%JTUSJCVUJPOUFNQFSBUF&VSBTJB/
/8"GSJDB
BEWFO
UJWFJO/BOE4"NFSJDB
DVMUJWBUFEJOUIF.FEJ
"35&.*4*"-.VHXPSU UFSSBOFBOBSFB
JOUIF64" *OEJBOB
.JDIJHBO
"TUFSBDFBF $PNQPTJUBF
,BTINJSBOE44JCFSJB
BMTPJO$
4.FYJDP
#SB[JM
&VSPQF
-BN
$PNNPO/BNFTBCTJOUIF
DPNNPOXPSNXPPE
NVH
XPSU
XBSNOPU"SBCJDBGTBOUJO
FTICFUNBSJBN
"SUFNJTJBBMCB5VSSB
NBNJUTB
TIBEKSBUNBSJBN
TIJSVNJ#SB[JM 1PS
UVHVFTF
BCTJOUIF MPTOB %VUDI BCTJOUBMTFN 4ZOPOZNT"SUFNJTJBDBNQIPSBUB7JMM
'SFODI BCTJOUIF
HSBOEF BCTJOUIF
BSNPJTF BC $PNNPO/BNFTDBNQIPS BCTJOUIF 'SFODI BSNBJTF
TJOUIF(FSNBO"CTJOUI
#JUUFSFS#FJGV
8FSNVU DBNQISF (FSNBO ,BNQGFS8FSNVU *UBMJBO
*OEJBWJMBZBUJBGTBOUJO*UBMJBOBTTFO[JP
BTTFO[JP BCSPUBOPDBNGPSBUB
3PNBOP
BTTFO[JPNBHHJPSF,PSFBOQVLZBLTTVL 6TBHFTQJDF
BWPSJOH
1PSUVHVFTFBCTJOUP
MPTOB3VTTJBOQPMZOHPSLBKB
1BSUT6TFEIFSC
XFSNVU4QBOJTIBCTJOUJP
BKFOKP
BKFOKBNBZPS %JTUSJCVUJPO4BOT4$FOUSBM&VSPQF
/8"GSJDB
/PUF$VMUJWBUFEJO(FSNBOZJOUIFUI$FOUVSZ
"35&.*4*"-.VHXPSU"TUFSBDFBF $PNQPTJUBF
#FSHFS
)BOFMU4DIVMU[F.PUFM8JFSTFNB-FO
8SJHIU
FTUSBHPO(FSNBO#FSUSBN
#FSUSBNTLSBVU
%SB
HVO8FSNVU
&JFSLSBVU
&TUSBHPO
,BJTFSTBMBU
"
*UBMJBO ESBHPOF
ESBHPODFMMP
FTUSBHPOF
IFSCF
ESBHPOOF
UBSHPOF +BQBOFTF FTVUPSBHPO 1PSUV
"SUFNJTJBBSCPSFTDFOT- HVFTF FTUSBHP 3VTTJBO ESBHVOUSBXB
FTUSBHPO
QPMZOTUSBHPO
TUSBHPO
UBSDIVO4QBOJTIESBDPO
$PNNPO/BNFTTJMWFS XPSNXPPE
USFF XPSNXPPE DJMMP
FTUSBHO
"SBCJDTIBHBSFUNBSJBN
TIJCB'SFODIBCTJOUIF 6TBHFTQJDF
BWPSJOH GPS TBMBET
DVDVNCFS
UPNBUP
BSCPSTDFOUF(FSNBO#BVN8FSNVU$ZQSVTHF DPOTFSWFT
TPVQT FUD
NBOVGBDUVSF PG UBSSBHPO
OJBPVHFSSV WJOFHBS
6TBHFTQJDF 1BSUT6TFEIFSC
1BSUT6TFEIFSC %JTUSJCVUJPO&VSPQF
8
& 4JCFSJB
$ "TJB
8 )JNB
%JTUSJCVUJPO/"GSJDB
&.FEJUFSSBOFBO3FHJPODVMUJ MBZBT
.POHPMJB
$IJOB
"MBTLB
$BOBEB
64"
WBUFEJOHBSEFOT OBUJWF JO 'SBODF
4 &VSPQF
#BMDBO DVMUJWBUFE JO
NBOZDPVOUSJFT HBSEFO
"SUFNJTJBCBMTBNJUB8JMME "SUFNJTJBHFOJQJ8FCFS
"SUFNJTJBQPOUJDB- $PNNPO/BNFT'SFODIHFOQJOPJS(FSNBO4DIXBS
[F&EFMSBVUF*UBMJBOHFOFQJ
6TBHFTQJDF
BWPSJOHGPSIFSCMJRVFVST
"SUFNJTJBDBNQIPSBUB7JMM 1BSUT6TFEMFBG
%JTUSJCVUJPO$ &VSPQF
4 &VSPQF FTQFDJBMMZ *UBMZ
4&
"SUFNJTJBBMCB5VSSB &VSPQF
48&VSPQF
&SIBSEUFUBM8JFSTFNB-FO8SJHIU
"SUFNJTJBESBDVODVMVT-
4ZOPOZNT"SUFNJTJBHMBVDB1BMM
$PNNPO/BNFTUBSSBHPO
ESBHPO TBHFXPSU
'SFODI
UBSSBHPO "SBCJD UBSLIVO $IJOFTF YBJ ZF RJOH
IBP %VUDI ESBHPO
FTUSBHPO 'SFODI ESBHPO
"35&.*4*"-.VHXPSU"TUFSBDFBF $PNQPTJUBF
"SUFNJTBJBIFSCBBMCB"TTP #SFNOFTT&SIBSEUFUBM
1BSUT6TFEMFBG "SUFNJTJBNVUFMMJOB7JMM
%JTUSJCVUJPO1BMFTUJOF
*TSBFM
"SBCJBEFTFSUSFHJPOT
/PUFFQMBOUJTUIFXPSNXPPEPGUIFCJCMF
"SUFNJTJBMVEPWJDJBOB/VUU
)FQQFS.BCCFSMZ3UTDI8SJHIU
4ZOPOZNT"SUFNJTJBQVSTIJBOB#FTTFS
$PNNPO/BNFTDVEXFFE
XFTUFSO NVHXPSU
XIJUF
"SUFNJTJBJOEJDB8JMME TBHF (FSNBO .FYJLBOJTDIFS 8FSNVU
4JMCFS
SBVUF
8FJF3BVUF.FYJDPFTUBBUF
4ZOPOZNT"SUFNJTJB WVMHBSJT - WBS JOEJDB 8JMME
6TBHFTQJDF
VTFEMJLFBCTJOUIF
.BYJN 1BSUT6TFEIFSC
$PNNPO/BNFT*OEJBO NVHXPSU (FSNBO *OEJTDIFS %JTUSJCVUJPO"MBTLB
8 $BOBEB 64"
.FYJDP
BMTP
#FJGV
*OEJTDIFT.PYBLSBVU DVMUJWBUFE
6TBHFTQJDF
BWPSJOH
1BSUT6TFEMFBG #FSHFS
#SFNOFTT&SJDITFO#SPXO)BOFMU
/FVNFSLFM3UTDI5VMM7JMMBNBSFUBM8J
%JTUSJCVUJPO4
&"TJB)JNBMBZBT
.BBCNBS
4SJ-BOLB
FSTFNB-FO
$IJOB
,PSFB
5BJXBO
*OEPDIJOB
.BMBZTJB
*OEP
OFTJBDVMUJWBUFENBJOMZJOHBSEFOT
)BOFMU/FVNFSLFM5FVTDIFS8SJHIU "SUFNJTJBNBSJUJNB-
0DIPB"MPOTP3UTDI4DIVMU[F.PUFM "SUFNJTJBQPOUJDB-
4ZOPOZNT"SUFNJTJBCBMTBNJUB8JMME
"SUFNJTJBNVUFMMJOB7JMM $PNNPO/BNFT3PNBO XPSNXPPE
TNBMM BCTJOUI
'SFODI BCTJOUIF SPNBJOF
QFUJUF BCTJOUIF (FS
4ZOPOZNT"SUFNJTJB MBYB -BN
'SJU[TDI
"SUFNJTJB NBO 1POUJTDIFS #FJGV
1POUJTDIFS 8FSNVU
TQMFOEFOT8JMMEWBSTQMFOEFOT
"SUFNJTJBVNCFM 3NJTDIFS #FJGV 3VTTJBO QPMZO QPOUJKTLBKB
MJGPSNJT-BN QPMZOSVNTLBKB
BMFLDBOESJKTLBKBQPMZO
UTDIFSOP
$PNNPO/BNFTBMQJOF XPSNXPPE
XIJUF HFOJQJ NPSTLBKBQPMZO
'SFODI HFOQJ CMBOD (FSNBO &DIUF &EFMSBVUF
6TBHFTQJDF
BWPSJOH
&DIUFS"MQFOCFJGV3VTTJBOQPMZOBMOJKTLBKB 1BSUT6TFEMFBG
IFSC
6TBHFTQJDF
BWPSJOHPGMJRVFVSTBOEPUIFSESJOLT %JTUSJCVUJPO4
& BOE &VSPQF UP 8 4JCFSJB
$ "TJB
1BSUT6TFEIFSC ,B[BLITUBOBOE/8$IJOBDVMUJWBUFEJO'SBODF
%JTUSJCVUJPO"MQT BOE NPVOUBJOT PG $ &VSPQF
DVMUJ *UBMZ
"VTUSJB
(FSNBOZ
4XJU[FSMBOE
4 $BOBEB
WBUFEJO$BOE4&VSPQF BOE64"
/PUFFQMBOUJTVTFEMJLF"SUFNJTJBBCTJOUIJVN-
"JDIFMF4DIXFHMFS
#FSHFS
)BOFMU )PQQF
1PDIMKPCLJO
3FZ4MBDBOJO4DIVMU[F.PUFM "JDIFMF4DIXFHMFS
#FSHFS
#SFNOFTT&SIBSEU
4FJEFNBOOD5VGFMFUBM5FVTDIFS8JFSTF FU BM )BOFMU )JMMFS.FM[JH )PQQF 1PDIM
NB-FO8TUFOGFME)BFOTFM;FWFO;IVLPWTLZ KPCLJO
3UTDI4DIOGFMEFS4DIVMU[F.PUFM
4FJEFNBOO D 4NBMM 5VGFM FU BM 5FVTDIFS
5VDLFS6TIFS8JFSTFNB-FO
"SUFNJTJBPGGJDJOBMF#SPU
"SUFNJTJBBCTJOUIJVN-
"35&.*4*"-.VHXPSU"TUFSBDFBF $PNQPTJUBF
" "SUFNJTJBQSJODFQT1BNQ
%BWJETPO-BSLDPN4NBMM6NBOPFUBM
"SUFNJTJBQSPDFSB8JMME
$PNNPO/BNFT(FSNBO3JTQFO#FJGV
3VTTJBOQP
MZONFUFMUTDIBUBKB
6TBHFTQJDF
1BSUT6TFEIFSC
%JTUSJCVUJPOGPSNFS5BUBSJBO443
"SUFNJTJBWVMHBSJT
GMPXFSJOH
"SUFNJTJBQVSTIJBOB#FTTFS
"SUFNJTJBMVEPWJDJBOB/VUU
)BOFMU)PQQF4DIVMU[F.PUFM
"SUFNJTJBTQMFOEFOT8JMMEWBSTQMFOEFOT
"SUFNJTJBWFSMPUJPSVN-BNPUUF
"SUFNJTJBNVUFMMJOB7JMM
$PNNPO/BNFT,BNTIBULB XPSNXPPE (FSNBO
,BNUTDIBULB#FJGV
"SUFNJTJBVNCFMMJGPSNJT-BN 6TBHFBWPSJOH
1BSUT6TFEIFSC
"SUFNJTJBNVUFMMJOB7JMM %JTUSJCVUJPO+BQBO
,BNUTDIBULB
OBUJWFJO&$&VSPQF
$BSOBUFUBM&SIBSEUFUBM
"SUFNJTJBWBMMFTJBDB"MM
1BSUT6TFESIJ[PN
%JTUSJCVUJPO4 &VSPQF *CFSJB
8 4JCFSB
OBUJWF JO $
"SUPDBSQVTMBLPPDIVT3PYC &VSPQF
"TQMFOJBDFBF
"TZTUBTJBOFFTJBOB/FFT
"TQMFOJVNBDSPCSZVN$ISJTU
4ZOPOZNT"TZTUBTJFMMBOFFTJBOB-JOEBV
$PNNPO/BNFT/FX(VJOFBTBMUGFSO(FSNBO/FX 6TBHFQPUIFSC
(VJOFB4BM[GBSO 1BSUT6TFEMFBG
6TBHFDPOEJNFOU
TQJDF %JTUSJCVUJPO*OEJB/&SFHJPO
1BSUT6TFEQMBOUBTI
%JTUSJCVUJPO*OJOMBOE/FX(VJOFB "SPSB1BOEFZ
/PUF"TPVSDFPGTBMU
$SPGU-FBDI "TZTUBTJFMMBOFFTJBOB-JOEBV
"TZTUBTJBOFFTJBOB/FFT
"TUFSIFMFOJVN4DPQ
'PSUVOFMMBIJOETJJ $IBNQFY#FOUI
4XJOHMF
"TUFSPGGJDJOBMJT"MM
*OVMBIFMFOJVN- "UBMBOUJBQPMZBOESB3JEM
'PSUVOFMMBQPMZBOESB 3JEM
5BOBLB
"4:45"4*"#M
"DBOUIBDFBF
"UIBNBOUIBDIJOFOTJT-PVS
"TZTUBTJBDPSPNBOEFMJBOB8JHIUFY/FFT $OJEJVNNPOOFSJFSJ -
$VTTFY+VTT
"TUZTJBHBOHFUJDB -
5"OEFST
"5)&3041&3."-BC
.POJNJBDFBF
"TZTUBTJBHBOHFUJDB -
5"OEFSTPO
NFEJDJOBMQMBOU
/PUF*O,FOZB
5BO[BOJBBOE8"GSJDBHSPXOBTBUSB
EJUJPOBMMFBGWFHFUBCMF
"7&33)0"-0YBMJEBDFBF
"UISPBOESBBUSPWJSFOT 1BY
1BYFU)PGGN "7&33)0"- "
0YBMJEBDFBF
&SZUISPDPDDBBUSPWJFSFOT 1BY
1SBJO
"WFSSIPBCJMJNCJ-
"53*1-&9-0SBDI
4BMUCVTI
$IFOPQPEJBDFBF 4ZOPOZNT"WFSSIPB PCUVTBOHVMB 4UPLFT
#MJNCJHVN
UFSFT3VNQI
$PNNPO/BNFTCJMJNCJ
DVDVNCFS USFF
USFF TPSSFM
"USJQMFYDBOFTDFOT 1VSTI
/VUU #SB[JM 1PSUVHVFTF
MVOBPEFDBJFOB$IJOFTFTBO
OJFO 'SFODI [JCFMJOF
CJMJNCJ (FSNBO #JMJNCJ
4ZOPOZNT"USJQMFY OVUUBMMJJ 4 8BUT
" PDDJEFOUBMJT (VSLFOCBVN*OEJBCJMJN
CJMJNCJ
CJNCMFF
UBN
%JFUS$BMMJHPOVNDBOFTDFOT1VSTI
0CJPOFDBOFT BSBOH *OEPOFTJBO CFMJNCJOH XVMVI .BMBZTJBO
DFOT 1VSTI
.PR CFMJNCJOHBTBN1JMJQJOPCBMBNCJOH
DBNJBTLBMB
$PNNPO/BNFTIPBSZ TBMU CVTI
GPVSXJOH TBMU CVTI
OJBT
LJMJOHJCB1PSUVHVFTFMJNPEFDBJFOB4QBO
TIBETDBMF
XJOHTDBMF(FSNBO4BM[NFMEF.FYJ JTI CJMJNC
HSPTFMMB $IJOB
NJNCSP
WJOBHSJMMP
DPDIBNFSF
DIBNJ[P
MB[B
OPDVBOB BJUBMJOHQMJOH
6TBHFDPOEJNFOUQSPEVDUQMBOUBTI 6TBHFTQJDF DPPLFE
GPSQJDLMFTBOETBNCBMTPSTI
1BSUT6TFEIFSC DVSSJFT
SFMJTI
%JTUSJCVUJPO8"NFSJDBUP.FYJDP 1BSUT6TFEGSVJU
/PUFFQMBOUTBMUJTBTVCTUJUVUFGPSOPSNBMTBMU %JTUSJCVUJPOPSJHJOVOLOPXOXJEFMZDVMUJWBUFEJOUIF
USPQJDT
TQFDJBMMZJO*OEJBBOE.BMBZTJB
%BWJETPO)BOFMU6QIPG
#MBODLF#VSLJMM
$IFFST%BWJETPO)BOFMU
)JMMFS.FM[JH-DL4DIVMU[F.PUFM5VGFMFU
BM8JFSTFNB-FO;FWFOEF8FU
"USJQMFYMPDDJEFOUBMJT%JFUS
"USJQMFYDBOFTDFOT 1VSTI
/VUU
"WFSSIPBPCUVTBOHVMB4UPLFT
"USJQMFYOVUUBMMJJ48BUT "WFSSIPBCJMJNCJ-
"USJQMFYDBOFTDFOT 1VSTI
/VUU
#
#
#BDDIBSPJEFTBOUIFMNJOUJDB -
.PFODI #"-"/*5&4%FMJMF
#BMBOJUBDFBF ;ZHPQIZMMBDFBF
7FSOPOJBBOUIFMNJOUJDB -
8JMME
#BMBOJUFTBFHZQUJBDB -
%FM
#"$,)064*")PPLFU)BSWFZ
.ZSUBDFBF 4ZOPOZNT9JNFOJBBFHZQUJDB-
$PNNPO/BNFTEFTFSUEBUF
&HZQUJBOCBMTBN
&HZQUBO
NZSPCBMBOF
TPBQ CFSSZ "SBCJD CBMBI IBSBSB
#BDLIPVTJBDJUSJPEPSB'W.VFMM CFUV
IFHMJH
UFCPSBL [BDIVO 'SFODI CBMBOJUFT
EBUUJFS EV ETFSU
NZSPCBMBO E&HZQU (FSNBO
$PNNPO/BNFT"VTUSBMJBO MFNPO NZSUMF
DJUSPO HZQUJTDIFS ;BIOCBVN
;BDIVOCBVN )JOEJ
CBDLIPVTJB
DJUSPONZSUMF
MFNPOTDFOUFENZSUMF
IJOHBO4BOTLSJUJOHVEJ
TDSVCNZSUMF
OBUJWFNZSUMF
TXFFUWFSCFOFNZSU 6TBHFTQJDFGPSTPVDF
TFBTPOJOH
MF 'SFODI NZSUF DJUSPOF (FSNBO "VTUSBMJTDIF 1BSUT6TFEMFBG
TIPPU
;JUSPOFONZSUF*UBMJBONJSUPEBMQUPGVNJEJMJN %JTUSJCVUJPO1BMFTUJOF
"SBCJB
USPQJDBM "GSJDB &UIJP
POF 1PSUVHVFTF MJNO NZSUP 4QBOJTI MJNPO QJBBOE"OHPMBDVMUJWBUFEJO&HZQU
NZSUP
6TBHFBWPSJOHQSPEVDUFTTFOUJBMPJMBOEDJUSBM "ZFOTV#VSLJMM
$VGPEPOUJT&SIBSEUFUBM
)BOFMU)FQQFS4DIVMU[F.PUFM5VGFMFUBM
1BSUT6TFEMFBG
GSFTIBOEESJFEBTQPUIFSCBOEBTBE
5FSSB 6QIPG 8FBMUI PG *OEJB
;FWFOEF 8FU
KVODUJOGPPE ;FWFO;IVLPWTLZ
%JTUSJCVUJPO"VTUSBMJB 2VFFOTMBOE
DVMUJWBUFE TJODF
/PUFFPJMSFTFNCMFTMFNPOHSBTTPJM
#BMMPUBTVBWFPMFOT-
"SDUBOEFS (SPPN )BZFT.BSLPWJD 0ZFO%VOH
6QIPG8JMLJOTPOFUBM
)ZQUJTTVBWFPMFOT-
#BEJBOJGFSBPGGJDJOBSVN,VOU[F #BMTBNJUBNBKPS%FTG
*MMJDJVNWFSVN)PPLG 5BOBDFUVNCBMTBNJUF-
4QSJOHFS7FSMBH#FSMJO)FJEFMCFSH
#"3#"3&"3#S#BSCBSBIFSC#SBTTJDBDFB $SVDJGFSBF
#BSCBSFBWFSOB .JMM
"TDIFST #"304."8JMME
3VUBDFBF
#BSCBSFBWFSOB .JMM
"TDIFST
#BSPTNBCFUVMJOB #FSHJVT
#BSUMFU
4ZOPOZNT#BSCBSFB QSBFDPY 3#S
%VM
&SZTJNVN 8FOEMG
WFSOVN.JMM
$PNNPO/BNFT"NFSJDBO DSFTT
FBSMZ ZFMMPX SPDLFU
4ZOPOZNT"HBUIPTNBCFUVMJOB1JMMBOT
#FMMP*TMFDSFTT
MBOEDSFTT
VQMBOE$SFTT'SFODI $PNNPO/BNFTCVDIV
SPVOEMFBG CVDIV 4 "GSJDB
DSFTTPO EF UFSSF
SPRVFUUF EFT KBSEJOT (FSNBO 'SFODI CVD IV (FSNBO #JSLFOCMUUSJHFS #VL
#BSCBSBLSBVU
'SIF 8JOUFSLSFTTF *UBMJBO CBS LPTUSBVDI
#VDDP*UBMJBOCVDIV
CBSFB4QBOJTIPSVHBEFMKBSEJO 6TBHFTQJDF
BWPSJOHQSPEVDUFTTFOUJBMPJM
6TBHFQPUIFSC 1BSUT6TFEMFBG
1BSUT6TFEGSFTIIFSC %JTUSJCVUJPO4"GSJDBBMTPDVMUJWBUFE
%JTUSJCVUJPO8
48&VSPQF'SBODF
&OHMBOE
BMTPDVM /PUF*O5VOFTJBUIFMFBWFTBSFVTFEGPSUIFQSFQBSUJPO
UJWBUFE PGCSBOEZBOEUIFMFBWFTPJMJO"NFSJDBGPSBWPS
JOH CBLFE HPPET
TXFFUT BOE TQJDFT *O UIF
'MFJTDIIBVFS)BOFMU,PTDIUTDIFKFX-PDI ESVHXBTJOUSPEVDFEJOUP&OHMBOE
.BOTGFME 4DIOFMMF 4DIVMU[F.PUFM 4NBMM
;FWFOEF8FU #FSHFS
)BHFS
)JMMFS.FM[JH)PQQF.PSUPO
1TDIZSFNCFM4DIVMU[F.PUFM4FJEFNBOOD
5VGFM FU BM 5FVTDIFS 6QIPG 8ZL FU BM
;FWFOEF8FU
#BSCBSFBWVMHBSJT3#S
1BSUT6TFEUFOEFSTUFN
MFBG
#BSPTNBTFSSBUJGPMJB3PFNFU4DIVMU %JTUSJCVUJPO&4*OEJB
4SJ-BOLB"GSJDB
OBUJWFJOUIF
/FPUSPQJDT
#BSPTNBTFSSBUJGPMJB $VSUJT
8JMME
"SPSB1BOEFZ#FOEFM&SIBSEUFUBM
)BOFMU
4DIVMU[F.PUFM8JFSTFNB-FO
#"33*/(50/*"+3'PSTUFU('PSTU
-FDZUIJEBDFBF
#BTFMMBSVCSB-
#BSSJOHUPOJBTDPSUFDIOJOJJ,JOH #BTFMMBBMCB-
1BSUT6TFEGSVJU
%JTUSJCVUJPOBJMBOE
.BMBZTJB
#PSOFP
4VNBUSB
/PUF#BSLBOEQPVOEFETFFETBSFVTFEBTBTIQPJ #BTJMJDVNDJUSBUVN3VNQI
TPO
0DJNVNCBTJMJDVN-
(V[NBO4JFNPOTNB6QIPG
#BTJMJDVNQPMZTUBDIPO -
.PFODI
#BSPTNBTFSSBUJGPMJB3PFNFU4DIVMU
4ZOPOZNT.PTDIPTNBQPMZTUBDIPO -
#FOUI
#BSPTNBTFSSBUJGPMJB $VSUJT
8JMME $PNNPO/BNFT"GSJDBO DVSSZ QPXEFS
QPMZTUBDIZ
PVT CBTJMJDVN $IJOFTF YJBP HVBO YVO (FSNBO
7JFMISJHFS#BTJMJLVN
#"44*""MM$IFOPQPEJBDFBF
6TBHFTQJDF LPMBSBJDIPOHLIP7JFUOBNFTFNOHCIPB
1BSUT6TFEIFSC UNB
# %JTUSJCVUJPO8"GSJDB(IBOB
/JHFSJB 6TBHFQPUIFSC
DPOEJNFOU
BENJYUVSF DVSSJFT PS
QJDLMFT
#VSLJMM
%BM[JFM*SWJOF 1BSUT6TFEPXFST
PSBMCVE
%JTUSJCVUJPO*OEJB
$IJOB
.ZBONBS
SBSFMZDVMUJWBUFE
#"44*""MM "SPSB1BOEFZ #VSLJMM
$IFFST $IPQSB FU BM
%BTUVS &OHFM1IVNNBJ )BOFMU ,VNBS
$IFOPQPEJBDFBF 4DIVMU[F.PUFM4UPSST6QIPG8FBMUIPG*O
EJB
;FWFOEF8FU
#BTTJBTDPQBSJB -
"+4DPUU
4ZOPOZNT,PDIJBTDPQBSJB -
4DISBEFS #&(0/*"-#FHPOJB
$PNNPO/BNFTTVNNFSDZQSFT
CVSOJOHCVTI
CFMWF #FHPOJBDFBF
EFSF$IJOFTFTBPDIPVUTBP
UJGV(FSNBO4PN
NFS;ZQSFTTF+BQBOFTFILJHJ
6TBHFQPUIFSC #FHPOJBUVCFSPTB-BN
1BSUT6TFEMFBG
%JTUSJCVUJPO8
&4JCFSJB
.POHPMJB
$IJOB4JOLJBOH
$PNNPO/BNFT(FSNBO,OPMMFOCFHPOJF
+BQBO/"GSJDB
DVMUJWBUFEJO$IJOBBOE+BQBO 6TBHFBTTPSSFM
BMTPDPPLFEXJUITIBOEJOTBVDF PG
UIF.PMVDDBT
&SIBSEUFUBM3UTDI;FWFOEF8FU 1BSUT6TFEMFBG
%JTUSJCVUJPO.PMMVDDBT XPSMEXJEF DVMUJWBUFE JO OV
NFSPVTIZCSJET
#"6)*/*"-
$BFTBMQJOJBDFBF -FHVNJOPTBF
$IFFST6QIPG
#BVIJOJBNBMBCBSJDB3PYC #&*-4$).*&%*"/FFT
-BVSBDFBF
$PNNPO/BNFT.BMBCBS#BVIJOJB
.BMBCBS PSDIJE
(FSNBO.BMBCBS#BVIJOJF*OEJBBNMJ
LBUUSB
TF
IBSB
TIBEMPP1JMJQJOPBMJCBOHCBOH
CBMJCBNCBO #FJMTDINJFEJBNBEBHBTDBSJFOTJT #BJMM
6TBHFBWPSJOHNFBUBOETI 1IJMJQQJOFT
,PTUFSN
1BSUT6TFEMFBG
%JTUSJCVUJPOUSPQJDBM"TJB
FTQFDJBMMZUIF1IJMJQQJOFT $PNNPO/BNFT(FSNBO.BEBHBTLBS#FJMTDINJFEJF
6TBHFTQJDF MJNJUFE
6QIPG 1BSUT6TFEMFBG
%JTUSJCVUJPO.BEBHBTDBS
4"GSJDB
6TBHFBWPSJOH GPSSJDF
1BSUT6TFEPXFS
MFBG
#
%JTUSJCVUJPO8 "GSJDB (VJOFB
*WPSZ $PBTU
-JCFSJB
#JEFOTCJQJOOBUB-
/JHFSJB
4JFSSB-FPOF
$PNNPO/BNFTCMBDL KBDL
NBSZHPME
4QBOJTI OFFE
"EFHPLFFUBM#VSLJMM
%BM[JFM MFT
TXFFUIFBSUT$IJOFTFHVJ[IBODBP(FSNBO
'JFEFSCMUUSJHFS;XFJ[BIO
6TBHFQPUIFSC JO*OEJB
#FO[PJOBFTUJWBMF -
/FFT 1BSUT6TFEFTIZTIPPU
%JTUSJCVUJPO*OEJB
64" $BMJGPSOJB 4
$ &VSPQF
-JOEFSBCFO[PJO -
#M XPSMEXJEFXFFE
QSPQBCMFPSJHJOUIF/FPUSPQJDT
BOE4VCUSPQJDT
#FSHPSBLPFOJHJJ- "SPSB1BOEFZ&SIBSEUFUBM8JFSTFNB-FO
.VSSBZBLPFOJHJJ -
4QSFOH
#*'03")PGGN
"QJBDFBF 6NCFMMJGFSBF
#&50/*$"-#FUPOZ
-BNJBDFBF -BCJBUBF
#JGPSBSBEJBOT.#JFC
1BSUT6TFEIFSC
%JTUSJCVUJPO&VSPQF
5VSLFZ
$BVDBTVT
/*SBO
$"TJB
#*9"-
/8"GSJDB #JYBDFBF
"JDIFMF4DIXFHMFS
#FSHFS
#FSHFS
'MFJT
DIIBVFS)JMMFS.FM[JH)PQQF+FLFSFUBM
#JYBPSFMMBOB-
4DIOGFMEFS4DIVMU[F.PUFM4FJEFNBOOD4NBMM
8ZLFUBM
4ZOPOZNT#JYBVSVDVSBOB8JMME0SFMMBOBBNFSJDBOB
-
$PNNPO/BNFTBO O
BUUP
BUTVFUF
DIJPUFUSFF
MJQTUJDL
USFF #SB[JM 1PSUVHVFTF
BBGSPB
BBGSPFJSBEB
UFSSB
VSVDV
VSVDVN'SFODISPDPVZFS(FSNBO
"DIPUF
"DIJPUF
"O O
PUUB
#BKB
0SMFBOTBNFO
3PVDPO4BNFO
3VLVTBNFO )JOEJ MBULBO
SBO
HBNBMJ
TFESJ
UIJEJO *OEPOFTJBO LFTVNCB
LFT
#-*()*",PFOJH4BQJOEBDFBF
#JYBVSVDVSBOB8JMME
# #JYBPSFMMBOB-
#-*()*",PFOJH
4BQJOEBDFBF
#MJHIJBXFMXJUTDIB )JFSO
3BEML
1BSUT6TFEZPVOHMFBWFT
%JTUSJCVUJPO8 "GSJDB (IBOB
*WPSZ $PBTU
/JHFSJB
4JFSSB-FPOF
#VSLJMM *SWJOF6QIPG
#MJNCJHVNUFSFT3VNQI
#JYBPSFMMBOB
GMPXFSJOHBOEGSVJUJOH
"WFSSIPBCJMJNCJ-
1BSUT6TFEMFBG
%JTUSJCVUJPO*OEJB
)JNBMBZBT
4$IJOB
.ZBONBS
5BJ
XBO
.BMBZTJB
1IJMJQQJOFT
DVMUJWBUFEJO7JFUOBN
BOE.BMBDDBT
#
#PJT 4DIVMU[F.PUFM 4FJEFNBOO D5VDLFS
8)0
#MVNFBNZSJPDFQIBMB%$
#MVNFBMBODFPMBSJB 3PYC
%SVDF
#MVNFBSJQBSJB%$
#MVNFBDIJOFOTJT%$
#0&3)"7*"-
/ZDUBHJOBDFBF
#PFTFOCFSHJBSPUVOEB
GMPXFSJOH
#PFSIBWJBFSFDUB-
"SPSB1BOEFZ %BWJETPO %VLF FU BM &SIBSEU FU
BM(V[NBO4JFNPOTNB)BHFS
)FSLMPUT
#PFTFOCFSHJBSPUVOEB -
.BOTG
)JMMFS.FM[JH+BOSBOFUBM-BSTFOFUBM-FNNFOT
#VOZBQSBQIBUTBSB4DIVMU[F.PUFM4FJEFNBOOD
4ZOPOZNT#PFTFOCFSHJB QBOEVSBUB 3PYC
4DIMFDI 4JSJSVHTB5VGFMFUBM8POH;FWFOEF8FU
UFS
$VSDVNBSPUVOEB-
,BFNQGFSJBPWBUB3PTD
,BFNQGFSJB QBOEVSBUB 3PYC
;JOHJCFS YBOUIPS
#03"(0-#PSBHF#PSBHJOBDFBF
#PMEVTCPMEVT .PM
-ZPOT
# 1FVNVTCPMEVT.PMJOB
#03"(0-#PSBHF
#PSBHJOBDFBF
#PSBHPMBYJGMPSB1PJS
#PSBHPQZHNBFB %$
$IBUFSFY(SFVUFS
#PSBHPPGGJDJOBMJT- B
$PNNPO/BNFTCPSBHF
UBMFXPSU"SBCJDCPVTIFOBG
CPVTBTTBM
IBSTIB$IJOFTFCPMJRV%VUDICFSOB
HJF
CPSBHP'SFODICPVSSBDIF PDJOBMF
CPVS
SPDIF (FSNBO #PS S
FUTDI
#MBVIJNNFMTUFSO
#PSHFMLSBVU
(VSLFOLSBVU
8PIMHFNVU *UBMJBO
CPS S
BHJOF
CPSSBOB
CVHMPTTBWFSB3VTTJBOCV
SBUTDIOJL
CVSBUTDIOJL MFLBSTUXFOOZK 4QBOJTI C
#PSBHPQZNBFB %$
$IBUFSFU(SFVUFS 1BSUT6TFEPXFS
%JTUSJCVUJPO8 "VTUSBMJB OFBS .FMCPVSOF BMTP DVMUJ
4ZOPOZNT#PSBHPMBYJPSB1PJS WBUFE
$PNNPO/BNFTEXBSGCPSBHF(FSNBO"VTEBVFSOEFS
#PSFUTDI
;XFSH#PSFUTDI #PVSUPO #VTTFMM FU BM $IBSBMBNCPVT $IFFST
%BWJFT.FOBSZ&SIBSEUFUBM
)BOFMU
6TBHFTQJDF
.PSUPO1PSTDI4DIVMU[F.PUFM5VGFMFUBM
1BSUT6TFEIFSC 6QIPG6TIFS
%JTUSJCVUJPO$PSTJDB
4BSEJOJB
#3"44*$"-#SBTTJDBDFBF $SVDJGFSBF
#048&--*"3PYCFY$PMFCS #SBTTJDBFSVDB-
#VSTFSBDFBF
&SVDBTBUJWB.JMM
#
#PTXFMMJBTBDSB'MVFDL
#SBTTJDBIJSUB.PFODI
$PNNPO/BNFTGSBOLJODFOTF
CJCMFGSBOLJODFOTF
PMJC
BOVNUSFF'SFODIBSCSFFODFOT(FSNBO8FJI 4JOBQJTBMCB-
SBVDI#BVN*UBMJBOJODFOTJ4QBOJTIJODJFOTP
6TBHFBWPSJOH
VTFEJOCBLJOHHPPET
DBOEJFT
HFMBUJ
OFT
JDFDSFBNT
QVEEJOHTBOETPESJOLT #SBTTJDBJOUFHSJGPMJB 8FTU
3VQS
1BSUT6TFESFTJO
%JTUSJCVUJPO&HZQU
4PNBMJB
4"SBCJB #SBTTJDBKVODFB -
$[FSO
%VLFFUBM&SIBSEUFUBM3UTDII8ZLFUBM
#SBTTJDBKVODFB -
$[FSO
6IM6QIPG7BVHIBN(PSEPO7BVHIBN)FNJOH 4DIOGFMEFS4DISEFS4DIVMU[F.PUFM4F
XBZ;FWFOEF8FU JEFNBOOD4FJEFNBOO4JFCFSU4IBOLBSBOBSBZBOBFUBM
4JFXFL4NBMM4UBFTDIF5VGFMFUBM
# 5FVTDIFS5VDLFS6IM6QIPG;FWFOFU8FU
#SBTTJDBKVODFB -
TTQJOUFHSJGPMJB04DIVM[
#SBTTJDBOJHSB -
,PDI #SPTJNVNHBVEJDIBVEJJ5SFD
4ZOPOZNT4JOBQJTOJHSB- $PNNPO/BNFTNBNBDBEFMB
$PNNPO/BNFTCMBDLNVTUBSE
USVFNVTUBSE"SBCJD 6TBHFBWPSJOHPGUPCBDDP
MJTCBO
LIBSEBM #SB[JM 1PSUVHVFTF
NPTUBSEB 1BSUT6TFESPPU
QSFUB %VUDI TXBSUF NPTUFSE 'SFODI NPVUBSEF %JTUSJCVUJPO4"NFSJDB#SB[JM
OPJSF
TOFW OPJSF (FSNBO #SBVOFS
4FOG
'SBO[TJTDIFS 4FOG
3PUFS 4FOG
4DIXBS[FS 4FOG
,VNBS
4FOPIM)JOEJCFOBSBTJSBJ*UBMJBOTFOBQFWFSB
TFOBWSB 1JMJQJOP NVTUBTB 3VTTJBO HPSUTDIJ[B
UTDIFSOBKB
OBTUPKBTUTDIBKBHPSUTDIJ[B
SBO[VTTLB #36$&".JMM
KBHPSUTDIJ[B4MPWFOJBOIPSJDB4QBOJTINPTUB[B 4JNBSPVCBDFBF
OFHSB5VSLJTIDIPSEBM
6TBHFTQJDF
DPOEJNFOUQSPEVDUFTTFOUJBMPJM NVT
UBSEPJM
#SVDFBBOUJEZTFOUFSJDB-BN
1BSUT6TFETFFE
%JTUSJCVUJPO"TJBNJOPS*SBOXJMEJOUIF.FEJUFSSFBO 6TBHFTQJDF
BWPSJOH
SFHJPO
UISPVHIPVU$&VSPQF
.JEEMF&BTUDVMUJ 1BSUT6TFECBSL
WBUFEJONBOZDPVOUSJFT
NBJOMZJOUIFHBSEFO %JTUSJCVUJPO8"GSJDB8$BNFSPPO
JO&UIJPQJBBMTP
/PUF4PJMJOH PS GBMTJDBUJPO XJUI DIBSMPDL
FME DVMUJWBUFE
NVTUBSE'SFODINPVUBSEFTBVWBHF
TBOWF
TOFW /PUFFCBSLJTBTVCTUJUVUFGPSBOHVTUVSBCBSLBOE
(FSNBO"DLFSTFOG3VTTJBOHPSUTDIJ[BQPMFXBKB
POFPGUIFDPOTUJUVFOUTPGi"OHPTUVSB#JUUFSu
4JOBQJTBSWFOTJT-
DBCCBHF
SBQF'SFODIDIPV
OBWFU (FSNBO 3BQT 3VTTJBO SFQB #SBTTJDB OB #VSLJMM
QVT-
BOEFMESBQF
XJOUFSUVSOJQSBQF(FS
NBO3CFO3VTTJBOUVSOFQT #SBTTJDBSBQB-
#6/*6.-
"JDIFMF4DIXFHMFS
#PJT #PVSOPU $IFFST "QJBDFBF 6NCFMMJGFSBF
4ZOPOZNT"QJVNCVMCPDBTUBOVN$BSVFM
#VOJVNCVM
CPTVN%VMBD
#VOJVNNBKVT7JMM
#VOJVNNBKVT
$PNNPO/BNFTCMBDL DBSBXBZ
CMBDL DVNJO
CMBDL
[JSB(FSNBO1FSTJTDIFS,SFV[LNNFM
4DIXBS
#
4'(SBZ
$BSVNCVMCPDBTUBOVN,PDI
$BSWJCVM [FS,SFV[LNNFM*OEJBTJBI[FFSB1FSTJBO[JSFI
CPDBTUBOVN#VC
1JNQJOFMMBCVMCPDBTUBOVN+FT TJZBI
TFO 6TBHFTQJDF
$PNNPO/BNFTFBSUIDIFTUOVU
HSFBUFBSUIOVUPSQJH 1BSUT6TFEGSVJU
OVU 'SFODI DIBUFJHOF EF UFSSF
DVNJO UVCSFVY
%JTUSJCVUJPO*SBO
"GHIBOJTUBO
1BLJTUBO
*OEJB
EBSEJMPO
HFSOPUUF
NPJOTPO
OPJYEFUFSSF
UFSSF
OPJY (FSNBO ,OPMMFOLNNFM
&SEFJDIFM
&SE %IBS%IBS 'PSPVNBEJ FU BM )BOFMU .BOTGFME
4DIVMU[F.PUFM 4IBSNB 4NBMM 5FVTDIFS
LBTUBOJF
*UBMJBOCVMCPDBTUBOP
DBTUBHOFEJUFSSB
UFSSBOPDF3VTTJBOTDIJTDIOJL
TDIJTDIFUTDIOJL
6TBHFTQJDF SBSFMZ
1BSUT6TFEGSVJU
TFFE
%JTUSJCVUJPO48 &VSPQF *CFSJB
'SBODF
$ &VSPQF
#VQIUIBMNVNPMFSBDFVN-PVS
4MPWFOJB
OBUJWFJO%FONBSL
&VQBUPSJVNDIJOFOTF-
"JDIFMF4DIXFHMFS
&SIBSEUFUBM'MFJTDIIBVFS
)BHFS
)BOFMU.FMDIJPS,BTUOFS4DIVMU[F.P
UFM4FJEFNBOOD4IBSNB4NBMM5VGFMFUBM
6QIPG;FWFOEF8FU
#63"4"*"5IPVBST
.FOJTQFSNBDFBF
#VOJVNCVMCPTVN%VMBD #VSBTBJBNBEBHBTDBSJFOTJT%$
6QIPG
#VOJVNNBKVT4'(SBZ
#VOJVNCVMCPDBTUBOVN- #VSTBQBTUPSJT8FCFS
$BQTFMMBCVSTBQBTUPSJT -
.FEJL
#VOJVNNBKVT7JMM
#VOJVNCVMCBDBTUBOVN-
#VOJVNDPQUJDVN4QSFOH
5SBDIZTQFSNVNBNNJ -
4QSBHVF
$
$
$BDBMJBQPSPQIZMMVN- $"-".*/5)".JMM$BMBNJOU
-BNJBDFBF -BCJBUBF
1PSPQIZMMVNSVEFSBMF +BDR
$BTT
$BMBNJOUIBBDJOPT $MBJSW
.BO
$",*-&.JMMo4FB3PDLFU
#SBTTJDBDFBF $SVDVGFSBF
"DJOPTBSWFOTJT -BN
%BOEZ
$BLJMFFEFOUVMB #JHFM
)PPL $BMBNJOUIBBMCJGMPSB7BO
$PNNPO/BNFT"NFSJDBOTFBSPDLFU(FSNBO"NFSJ /FQFUBDBUBSJB-
LBOJTDIFS.FFSTFOG
6TBHFQPUIFSC
GPSTBMBET
1BSUT6TFEGSFTIMFBG $BMBNJOUIBBSWFOTJT-BN
%JTUSJCVUJPOBMPOHCFBDIFTPG/"NFSJDB
"DJOPTBSWFOTJT -BN
%BOEZ
6QIPG
$BMBNJOUIBDMJOPQPEJVN#FOUI
$BLJMFNBSJUJNB4DPQ
$MJOPQPEJVNWVMHBSF-
$PNNPO/BNFTTFBSPDLFU'SFODIDBRVJMMJFS
SPRVFUUF
EF NFS (FSNBO &VSPQJTDIFS .FFSTFOG
.FFS
TFOG3VTTJBOHPSUTDIJ[BNPSTLBKB $BMBNJOUIBDSFUJDB#FOUI
6TBHFQPUIFSC
GPSTBMBET
1BSUT6TFEGSFTIIFSC 4ZOPOZNTTBGSFKBDSFUJDB -
#SJH
%JTUSJCVUJPODPBTUTPG&VSPQF
/"GSJDB
48"TJB
OB $PNNPO/BNFTEXBSGDBMBNJOU%VUDICFSHTUFFOUJKN
UJWFJO/"NFSJDB
"VTUSBMJB (FSNBO,SFUB#FSHNJO[F
6TBHFTQJDF
BWPSJOH
"JDIFMF4DIXFHMFS &SIBSEU FU BM 'MFJTDIIBVFS 1BSUT6TFEIFSC
4DIOFMMF5FVCOFS
%JTUSJCVUJPO$SFUF
+BIO4DIOGFMEFS5SMBOEFUBM
4QSJOHFS7FSMBH#FSMJO)FJEFMCFSH
$"-".*/5)".JMM$BMBNJOU-BNJBDFBF -BCJBUBF
$BMBNJOUIBHSBOEJGMPSB -
.PFODI $BMBNJOUIBOFQFUB -
4BWJ
$BMBNJOUIBNFOUIJGPMJB)PTU
$BMBNJOUIBOFQFUB -
4BWJTTQOFQFUB
4ZOPOZNT$BMBNJOUIBTZMWBUJDB#SPNG
4BUVSFKBDBMB
NJOUIB -
4DIFFMF
ZNVTDBMBNJOUIB4DPQ $PNNPO/BNFTMFTTFS DBMBNJOU 'SFODI NFOUIF EF
$PNNPO/BNFTDBMBNJOU'SFODITBSJFUUFOQUB(FS NPOUBHOF(FSNBO,MFJOCMUJHF,BU[FONJO[F
NBO 8BMECFSHNJO[F
"VGTUFJHFOEF #FSHNJO[F
6TBHFBWPSJOH
8BME4UFJORVFOEFM *UBMJBO NFOUVDDJP NBHHJPSF
1BSUT6TFEIFSC
DBMBNFOUB
OFQJUFMMB3VTTJBOEVTDIFWJLNKBUPMJTU %JTUSJCVUJPO&&VSPQF
5VSLFZ
$BVDBTVT
OZK
6TBHFTQJDF BWPSJOH
QSPEVDUFTTFOUJBMPJM &SIBSEUFUBM
1BSUT6TFEIFSC
%JTUSJCVUJPO8
4 BOE 4 $ &VSPQF
5VSLFZ
$SJNFB
$BVDBTVT
4ZSJB
/*SBO
/8
"GSJDB
"MHFSJB $BMBNJOUIBOFQFUPJEFT+PSE
#BFS[FL %BWJETPO &SIBSEU FU BM (JBOOFUUP $BMBNJOUIBOFQFUB -
4BWJ
FUBM)BOFMU)BOMJEPVFUBM)JEBMHPFUBM
3PNFPFUBM4DIVMU[F.PUFM4FJEFNBOOD4NBMM
5VGFMFUBM5VDLFS
$BMBNJOUIBPGGJDJOBMJT.PFODI
$BMBNJOUIBOFQFUB -
4BWJ
$"-:$"/5)64-4QJDFCVTI$BMZDBOUIBDFBF
$BMBNJOUIBQBSWJGMPSB-BN $BMMPQTJNBBNQMFYJGPMJVN.BSU
$BMBNJOUIBOFQFUB -
4BWJ %FJBOJSBOFSWPTB$IBNFU4DIMFDIU
$BMBNJOUIBTZMWBUJDB#SPNG $"-5)"-
$
3BOBODVMBDFBF
$BMBNJOUIBNFOUIJGPMJB)PTU
$BMUIBDPSOVUB4DIPUU
/ZNBOFU,PUTDIZ
$"-&/%6-"-.BSJHPME
"TUFSBDFBF $PNQPTJUBF
$BMUIBQBMVTUSJT-
$BMFOEVMBPGGJDJOBMJT- $BMUIBQBMVTUSJT-
$BMZDBOUIVTGMPSJEVT-
.PSTFUBM0WFSEJFDL5FVTDIFS6QIPG
$BMZQUSBOUIFTTDIJFEFBOB#FSH
$ 6TBHFTQJDF MPDBMMZ
1BSUT6TFEMFBG
%JTUSJCVUJPO.FYJDP
6QIPG8JFSTFNB-FO
$BMZQUSBOUIFTWBSJBCJMJT#FSH
$BMZDBOUIVTGMPSJEVT
GMPXFSJOH
$PNNPO/BNFT#SB[JM 1PSUVHVFTF
DSBWFJSPEPDBN
QP
DSBWPEPDBNQP
6TBHFBWPSJOH MPDBMMZ
6TBHFTQJDFCZUIF*OEJBOTPG/"NFSJDB 1BSUT6TFEQMBOU
1BSUT6TFECBSL %JTUSJCVUJPO#SB[JM.JOBT(FSBJTUP3JP(SBOEF
%JTUSJCVUJPO64"'MPSJEB
7JSHJOJB
/PUF'PSNFSMZUIF*OEJBOTVTFEUIFPXFSTBTBTVC .PSTFUBM
TUJUVUFGPSDJOOBNPNBOEDMPWFT
-BOUBOBDBNBSB-
$BMZDBOUIVTHMBVDVT8JMME
$BOBHJVNPEPSBUVN -BN
,JOH
$BMZDBOUIVTPSJEVT-
$BOBOHBPEPSBUB -BN
)PPLGFUPNQT
$BMZDBOUIVTTUFSJMJT8BMUFS
$"/"/(" %$
)PPLGFU5IPNTPO
$BMZDBOUIVTPSJEVT- "OOPOBDFBF
$"-:153"/5)&44X $BOBOHBGSVUJDPTVN$SBJC
.ZSUBDFBF
$BOBOHBPEPSPUB %$
)PPLGFUPNBT
$BMZQUSBOUIFTBSPNBUJDB4U)JMM
$BOBOHBPEPSBUB %$
)PPLGFU5IPNQT
$PNNPO/BNFT#SB[JM QJNFOUP #SB[JM 1PSUVHVFTF
DSBWFJSPEBUFSSB(FSNBO#SBTJMQJNFOU 4ZOPOZNT$BOBOHBGSVUJDPTVN$SBJC
$BOBHJVNPEP
6TBHFTQJDF
TJNJMBS BMMTQJDF PS DMPWFT DPOEJNFOU SBUVN -BN
#BJMM
6WBSJBPEPSBUB-BN
CBSL
$PNNPO/BNFTDBOBOHB
JMBOHJMBOH #SB[JM 1PSUV
1BSUT6TFEGSVJU
CBSL HVFTF
DBOBOHB
JMBOHB 'SFODI DBOBOH PEPSBOU
%JTUSJCVUJPO4"NFSJDB#SB[JM ZMBOHZMBOH (FSNBO *MBOH*MBOH
:MBOH:MBOH
$"//"-$BOOB-JMZ$BOOBDFBF
*OEPOFTJBO LBOBOHB .BMBZTJBO DIFOBOHB
LF %JTUSJCVUJPO*OEJB
.BMBZTJB
.FYJDP (VMG
8FTU *O
OBHB
OZBJY.ZBONBSTBHBTFJO EJFT
8"GSJDB
6TBHFBWPSJOH PGDPOGFDUJPOBSZHPPETBOEUIFMJLF
BOEBMTPDPDPOVUPJM
QSPEVDUFTTFOUJBMPJM "O #VSLJMM
)BOFMU;FWFOEF8FU
$
1BSUT6TFEPXFS $BOBWBMJBSPTFB 4X
%$
%JTUSJCVUJPO4&"TJB.BMBZTJB
1IJMJQQJOFT
/"VTUSB
MJB
1BDJD*TMBOET
JOUSPQJDBMSFHJPOTDVMUJWBUFE
$BOBWBMJBNBSJUJNB "VCM
PV
FH4FZDIFMMFT
,FOZB
"OHPMB
5BO[BOJB
"OPO#PVSOPU#VSLJMM$IBSBMBNCPVT%BT $"/&--"1#SPXOF
UVS%BWJETPO&SIBSEUFUBM(VSJC'BLJN#SFOEMFS
$BOFMMBDFBF 8JOUFSBOBDFBF
$BOFMMBXJOUFSBOB -
(BFSUO
$"/"3*6.-$IJOFTFPMJWF
#VSTFSBDFBF
$BOFMMBXJOUFSBOB -
(BFSUO
#VSLJMM
'BDDJPMB*SWJO/FVXJOHFS4BXBEP #PJT #SPDLNBOO #SPXO )BHFS
)BOFMU
HPFUBM6QIPG8JFSTFNB-FO )JMMFS.FM[JH )PQQF .D/BWZ 8PPE
3UTDI4FJEFNBOOD4UBFTDIF5VGFMFUBM
6QIPG8PMUFST8TUFOGFME)BFOTFM
$"/"7"-*"%$+BDLCFBO
'BCBDFBF -FHVNJOPTBF
$"//"-$BOOB-JMZ
$BOOBDFBF
$BOBWBMJBNBSJUJNB "VCM
5IPV
4ZOPOZNT$BOBWBMJBSPTFB 4X
%$ $BOOBDPDDJOFB.JMM
$PNNPO/BNFTTFBTJEFTXPSECFBO
TFBTJEFKBDLCFBO
'SFODIQPJTCPSEEFNFS
QPJTNBSJUJNF(FSNBO $BOOBJOEJDB-
.FFSFT+BDLCPIOF
4DIXFSUCPIOF 1PSUVHVFTF
GFJKP
GFJKPCSBWP
6TBHFBWPSJOH
1BSUT6TFEPXFS
$"11"3*4-$BQFS$BQQBSBDFBF
$ 1BSUT6TFESIJ[PNF
%JTUSJCVUJPO4 "NFSJDB 7FOF[VFMB
$IJMF
$PMVNCJB
#SB[JM
8FTU*OEJFT
$"NFSJDB
OBUJWFJO64"
4&
"TJB
BMTPDVMUJWBUFEJO*OEJB
1IJMJQQJOFT
USPQJDBM
"GSJDB4JFSSB-FPOF
(BCPO
/PUF*OUIFMJUFSBUVSF$BOOBFEVMJT,FS(BXMUSFBUFE
BTTFQBSBUFTQFDJFTUIFTUBSDIPGUIFUVCFSTJTUIF
2VFFOTMBOEBSSPXSPPU
&SIBSEUFUBM)BOFMU.BOTGFME.PSTFUBM
4DIVMU[F.PUFM6QIPG
$BOOBMVUFB.JMM
$BOOBJOEJDB-
$BOOBPWBUVT.PFODI
$BOFMMBXJOUFSBOB
GMPXFSJOH
$BOOBJOEJDB-
$BOOBFEVMJT,FS(BXM
$BOOBQBUFOT3PTD
$BOOBJOEJDB-
$BOOBJOEJDB-
$BOOBJOEJDB-
$"11"3*4-$BQFS
4ZOPOZNT$BOOB DPDDJOFB .JMM
$BOOB FEVMJT ,FS $BQQBSBDFBF
(BXM
$BOOBMVUFB.JMM
$BOOBPWBUVT.PFODI
$BOOBQBUFOT "JU
3PTD
$PNNPO/BNFTFEJCMF DBOOB
*OEJBO DBOOB
*O $BQQBSJTBFHZQUJDB-BN
EFBO CSFBE TIPU
*OEJBO TIPU
"GSJDBO UVSNFSJD
2VFFOTMBOE"SSPXSPPU
XJMEUBQJPDB#SB[JM 1PS $BQQBSJTTQJOPTB-
UVHVFTF
BDIJSB $IJOFTF NFJ SFO KJBP HFS
ZBOH
EJMJ%VUDIFFUCBSCMPFNSJFU
*OEJTDICMPFNSJFU
'SFODICBMJTJFSDPNFTUJCMF
CBMJTJFSPVGBVYTVDSJFS
$BQQBSJTBQIZMMB3PUI
DBOOBE*OEF(FSNBO*OEJTDIFTPS8FTUJOEJTDIFT
"SSPXSPPU TUBSDI
*OEJTDIFT#MVNFOPIS*UBMJBO $BQQBSJTEFDJEVB&EHFX
DBOOB DPNNFTUJCJMF DBOOB EPMDF
DBOOB E*OEJB
+BQBOFTF LBOOB EBOEPLV
TIPLVZ LBOOB .B
MBZTJBOLFOZPOH
QJTBOHTFCJBL
TFCFI
VCJHFSFEB
[FNCB 1JMJQJOP CFOEFSB &TQBPMB
LPMJOUBTP
UJ
LBT UJLBT 1PSUVHVFTF DBOOB DPNFTUWFM
DBOBEB
$"11"3*4-$BQFS$BQQBSBDFBF
$BQQBSJTGMPSBOUFTJJ%$
$BQQBSJTDPSEJGPMJB-BNTTQDPSEJGPMJB
4ZOPOZNT$BQQBSJTPWBUB%FTG
4ZOPOZNT$BQQBSJTNBSJBOB%$ $PNNPO/BNFT"SBCJDLIBCCBS
TPVLPVN
6TBHFDPOEJNFOU 6TBHFDPOEJNFOU
1BSUT6TFEPSBMCVE 1BSUT6TFEPSBMCVE
%JTUSJCVUJPO4PMPNPO *TMBOET
"SDIJQFMBHP PG 5VB %JTUSJCVUJPO/"GSJDB"MHFSJB
.PSPDDP
$IBE
NPUV
$PPL*TMBOE
'JKJ*TMBOE
)BXBJJ
*TMBOETPG
/BVSV
3VSVUV1IJMJQQJOFT
.BSJBOBT 3JWFSBFUBM
3JWFSBFUBM
$BQQBSJTJOFSNJT'PSTTL
$BQQBSJTDZOPQIBMMPQIPSB- 4ZOPOZNT$BQQBSJTDBSUJMBHJOFB%FDOF
$PNNPO/BNFT"SBCJDMBTTBG
MBUUTTBG*OEJBLBSBU
$BQQBSJTFYVPTB- 6TBHFDPOEJNFOU
1BSUT6TFEPSBMCVE
%JTUSJCVUJPO&HZQU
4BVEJ "SBCJB
,FOZB
:FNFO
*O
$BQQBSJTEFDJEVB 'PSTTL
&EHFX EJB
4ZOPOZNT$BQQBSJTBQIZMMB3PUI 3JWFSBFUBM
$BQQBSJTNBSJBOB%$
$BQQBSJTDPSEJGPMJB-BNTTQDPSEJGPMJB $BQQBSJTPWBUB%FTG
$BQQBSJTGPOUBOFTJJ%$
$BQQBSJTOBQBVMFOTJT%$
4ZOPOZNT$BQQBSJTIJNBMBZFOTJT+BGSJ $BQQBSJTSVQFTUSJT4JCUIFU4N
$PNNPO/BNFT(FSNBO /FQBM,BQFS
)JNBMBZB,B
QFS *OEJB LBCSB
LBSJM 1BLJTUBO LBLSJ
LBOEFS
$BQQBSJTTQJOPTB-
LBCSB
6TBHFDPOEJNFOU
1BSUT6TFEPSBMCVE
GSVJU $BQQBSJTTJDVMB%VIBNFMTTQTJDVMB
%JTUSJCVUJPO*OEJB
1BLJTUBO
$PNNPO/BNFT4JDJMJ DBQFS (FSNBO 4J[JMJBOJTDIF
3JWFSBFUBM ,BQFS5VSLJTILBQBSJ
LFCFSFJFHJ PXFS
6TBHFDPOEJNFOU
1BSUT6TFEPSBMCVE
VOSJQFGSVJU
$BQQBSJTIJNBMBZFOTJT+BGSJ %JTUSJCVUJPO"UMBOUJDDPBTUTPG&VSPQFBOE/"GSJDBUP
UIF .FEJUFSSBOFBO DPBTUT
FTQFDJBMMZ 4JDJMZ
.P
$BQQBSJTOBQBVMFOTJT%$ SPDDPBMTPDVMUJWBUFE
*OPDFODJPFUBM 3JWFSBFUBM
$BQQBSJTPWBUB.#JFC
$BQQBSJTTQJOPTB- $BQQBSJTTQJOPTB-
1BSUT6TFEPSBMCVE
%JTUSJCVUJPO.FEJUFSSBOFBOSFHJPOT
(V[NBO4JFNPOTNB
$
$BQQBSJTTQJOPTB-TTQSVQFTUSJT 4N
/ZNBO
$PNNPO/BNFT'SFODIDQSJFS(FSNBO%PSOFOMPTFS
,BQFSOTUSBVDI *UBMJBO DBQQBSP
DBQQBSJ
DIJBQ
QBSB1PSUVHVFTFBMDPQBSSBT
BMDBQBSSFJSB4QBOJTI
$BQQBSJTTQJOPTB
GMPXFSJOH UQBSB
BMDBQBSSB PXFSCVET
HPSSJOFUT GSVJUT
6TBHFDPOEJNFOU
1BSUT6TFEPSBMCVE
A$BQVDJOFT**RVBMJUZA$BQPUFT
A'JOFT
A)PSTDBMJ %JTUSJCVUJPO.FEJUFSSBOFBO SFHJPOT
/ "GSJDB / *O
CSFTFOBNFPGUIFHSFBU*UBMJBOUSBEFTPSUA$BQ EJB
QFSPOJ F GSVJU 'SFODI DPSOJDIPOT EF DQSJFS
DVDVODJ
BSF BMTP VTFE F QMBOU PG $BQQBSJT &SIBSEUFUBM3JWFSBFUBM
FYVPTB-JTDPOTJEFSFEBTUIFXJMEQSPHFOJUPSPG
UIFEPNFTUJDBUFETQFDJFTFOBNFPGVOSJQFOFE
GSVJUTJTA$PSOJDIPOTEFDQSJFS
VTFEJOQJDLMFT $"14&--".FEJLo4IFQIFSET1VSTFT
#SBTTJDBDFBF $SVDJGFSBF
"LHM"MWBSSVJ[FUBM"M4BJEFUBM"SPSB1BEOFZ
#BSCFSB#SUFMT#FSHFS
#PJT$BMJT
FUBM$BTUSP/PTUJ$IFFST$SB[F%BWJETPO
%VLFFUBM'BSSFMM(FSIBSEU(JVGGSJEBFUBM
$BQTFMMBCVSTBQBTUPSJT -
.FEJL
)BOFMU)FFHFS)FQQFS)JMMFS.FM[JH
)POEFMNBOO *OPDFODJP FU BM
,KBFS5IPNTFO 4ZOPOZNT#VSTBQBTUPST8FCFS
MBTQJCVSTBQBTUPSJT
.FMDIJPS,BTUOFS .PSSJT.BDLMFZ /FVXJOHFS -
[DBO"LHM
1BTDVBM FU BM $PNNPO/BNFTDBQTFMM
GBSNFS NVTUBSE
DBTF XFFE
3PESJHPFUBM4ODIF[FUBM4DIOGFMEFS4DISEFS
NPUIFS IFBSU
TIFQIFSET QVSTF
QBOJRVFTJMMP
4DIVMU[F.PUFM4FJEFNBOOD4FJEFNBOO4JFCFSU
4IBSNB4JFXFL4NBMM4UBFTDIF5VGFM UPZ XPSU $IJOFTF DIJ UTBJ
KJ DBJ 'SFODI CPVSTF
FUBM5FVTDIFS5VDLFS6QIPG7FHB3BNPT QBTUFVS
DBQTFMMF
DBQTFMMF QBTUFVS (FSNBO
;FWFOEF8FU;PIBSZ #BVFSOTFOG
(FNFJOFT )JSUFOUTDIFM
)FS[LSBVU
5TDIFM
5BTDIFOLSBVU*UBMJBOCPSTBDDIJOB
CPSTB
EFMQBTUPSF,PSFBOOBFOHJ1PSUVHVFTFCPMTBEF
$BQQBSJTTQJOPTB-WBSJOFSNJT5VSSB QBTUPS
FSSB EP CPNQBTUPS 3VTTJBO QBTUVTDIJKB
TVNLB4QBOJTICPMTBEFQBTUPS
[VSSOEFQBTUPS
$PNNPO/BNFTDBQFSTQVSHF
TQJOFMFTTDBQFS 7JFUOBNFTFDPUBNHJBD
EJOIMJDI
UFUIBJ
6TBHFDPOEJNFOU 6TBHFTQJDFGPSTPVQTBOETUFXT SBSFMZ
$BQTJDVNBOOVVN-WBSNJOJNVN .JMM
$BQTJDVNDIJOFOTF+BDR
)FJTFS
4ZOPOZNT$BQTJDVNMVUFVN-BN
$BQTJDVNBOOVVN-WBSHMBCSJVTDVMVN %VOBM
$PNNPO/BNFTCPOOFU QFQQFS
$IJOFTF QFQQFS
EB
$#)FJTFSFU1JDLFSTHJMM UJM QFQQFS
)BCBFSP QFQQFS
QJSJQJSJ QFQQFS
TDPUDICPOOFU
TRVBTIQFQQFS
UBCBTDPQFQQFS
ZFM
$
MPX TRVBTI QFQQFS #SB[JM 1PSUVHVFTF
QJSJQJSJ
$BQTJDVNCBDDBUVN-WBSCBDDBUVN (FSNBO$IJOFTJTDIF1BQSJLB
)BCBOFSP
5BCBTDP
1GFFS4QBOJTISPDPUJMMP
4ZOPOZNT$BQTJDVNNJDSPDBSQVN$BW 6TBHFTQJDF
$PNNPO/BNFT1FSVWJBOQFQQFS4QBOJTIMPDPUP 1BSUT6TFEGSVJU
6TBHFTQJDF %JTUSJCVUJPO8
4 "NB[POBT #SB[JM DVMUJWBUFE XJME
1BSUT6TFEGSVJU GPSNT VOLOPXO XJEFMZ DVMUJWBUFE JO UIF /FP
%JTUSJCVUJPOXJME GPSN 4 "NFSJDB 1FSV
#PMJWJB
4 USPQJDT
#SB[JM
1BSBHVBZ
/"SHFOUJOB /PUF"SDIBFPMPHJDBM SFNBJOT GSPN 1FSV TVHHFTU EP
NFTUJDBUJPO
ZFBSTBHP
&TICBVHI8))BHFS
)BOFMU.FMDIJPS,BTUOFS
4DIVMU[F.PUFM4FJEFNBOOD4FJEFNBOO4JFCFSU #VSLJMM
)BHFS
)BOFMU+VSFOJUTDIFUBM
5FSQ5VDLFS;FWFOEF8FU .FMDIJPS,BTUOFS 4DIVMU[F.PUFM 4FJEFNBOO D
4NBMM4NJUI)FJTFS5FSQ5VDLFS;FWFOEF
8FU
$BQTJDVNCBDDBUVN-WBSQFOEVMVN
8JMME
&TICBVHI
$BQTJDVNGBTUJHJBUVN#M
4ZOPOZNT$BQTJDVNQFOEVMVN8JMME
$PNNPO/BNFT#SPXOT QFQQFS
1FSVWJBO QFQQFS $BQTJDVNGSVUFTDFOT-
'SFODIQJNFOUDIJFO(FSNBO1FSVBOJTDIFS1GFG
GFS4QBOJTIBK
FTDBCFDIF
QJSJT
VDIV 1FSVWJBO
6TBHFTQJDF $BQTJDVNGSVUFTDFOT-
1BSUT6TFEGSVJU
%JTUSJCVUJPOPOMZDVMUJWBUFE
NPTUMZJO4"NFSJDB
BMTP 4ZOPOZNT$BQTJDVN GBTUJHJBUVN #M
$BQTJDVN NJOJ
JO $ "NFSJDB
64"
)BXBJ
*OEJB
+BQBO
4 &V NVN3PYC
SPQF $PNNPO/BNFT$BZFOOF QFQQFS
IPU QFQQFS
CJSE
/PUF"SDIBFPMPHJDBM OEJOHT JO UIF MBUF QSFDBSBNJD QFQQFS
SFEDIJMMJ
TQVSQFQQFS
UBCBTDP QFQQFS
DB#$
GSPN1FSV "SBCJDTDIBUUB%VUDIDIJMJQFQFS
TQBBOTFQFQFS
'SFODI QPJWSF EF $BZFOOF
QJNFOU EF DBZFOOF
%BMCZ &TICPVHI )BOFMU +VSFOJUTDI FU BM QJNFOUPJTFBV
QPJWSFSPVHF(FSNBO$BZFOOFQ
.FMDIJPS,BTUOFS 1SVUIJ 4DIVMU[F.PUFM 4NBMM
GFFS
$IBZFOOF
$IJMJ T
5BCBTDP 1GFFS
7P
5FSQ5VDLFS
HFMQGFFS*OEPOFTJBODBCF
DJMJ
DJMJSBXJU
MPNCPL
*UBMJBO DBQTJDP
EJBWPMFUUP .BMBZTJBO MBEB
DJMJ
DJMJQBEJ1PSUVHVFTFQJNFOUBNBMBHVFUB3VTTJBO
$BQTJDVNDBSEFOBTJJ$#)FJTFSFU1(4N QFSF[ TUSV[LPWJK 4MPWFOJBO QBQSJLB JMJ 4QBOJTI
BK
DIJMF
GSVUPEFDQTJDP
HVJOEJMMB
QJNJFOUBEF
6TBHFTQJDF
BWPSJOH $BZFOB
QJNJFOUBQJDBOUFBJQISJLLIFFGB
1BSUT6TFEGSVJU 6TBHFTQJDF
%JTUSJCVUJPO8
4"NFSJDB 1BSUT6TFEGSVJU
%JTUSJCVUJPOUSPQJDBM"NFSJDB4.FYJDPUP$PTUB3JDB
)BHFS
5FSQ;FWFOEF8FU *OEJBUP1PMZOFTJB
XPSMEXJEFJOUSPQJDBMBOETVC
USPQJDBMSFHJPOT
$"3%".*/&-#JUUFS$SFTT#SBTTJDBDFBF $SVDJGFSBF
;FWFOEF8FU
6TBHFTQJDF VTFE MJLF $BQTJDVN BOOVN - WBS BO
OVVN
1BSUT6TFEGSVJU
$BQTJDVNHVBUFNBMFOTF#JUUFS %JTUSJCVUJPOOPUXJMEDVMUJWBUFEGSPN.FYJDPUP4#P
MJWJB
FTQFDJBMMZ JO UIF "OEFT #PMJWJB
1FSV
$P
$BQTJDVNQVCFTDFOT3VJ[FU1BW MVNCJB
/PUF 1SPCBCMFPSJHJOJO#PMJWJBUIFGSVJUTBSFTBJEUP
CFPGNJMEUPTUSPOHQVOHFODZ
$BQTJDVNIJTQJEVN%VOBMWBS
HMBCSJVTDVMVN%VOBM "MNFMBFUBM&SIBSEUFUBM(V[NBO4JFNPOTNB
)BHFS
)BOFMU )FJTFS4NJUI 1SVUIJ
4FJEFNBOOD4NBMM5VGFMFUBM5FSQ5VDLFS
$BQTJDVNBOOVVN-WBSHMBCSJVTDVMVN %VOBM
8JMLJOT;FWFOEF8FU;JNNFSNBOO4DIJFCFSMF
$#)FJTFSFU1JDLFSTHJMM
$BQTJDVNMVUFVN-BN $"3%".*/&-#JUUFS$SFTT
#SBTTJDBDFBF $SVDJGFSBF
$BQTJDVNDIJOFOTF+BDR
$BSEBNJOFQBSWJGMPSB-
$BQTJDVNNJDSPDBSQVN$BW
$PNNPO/BNFT(FSNBO ,MFJOCMUJHFT 8JFTFO
$BQTJDVNCBDDBUVN-WBSCBDDBUVN TDIBVNLSBVU
6TBHFQPUIFSC SBSFMZ
1BSUT6TFEZPVOHIFSC
$BQTJDVNNJOJNVN.JMM %JTUSJCVUJPO&VSPQF
OBUJWFJO"MHFSJB
$BQTJDVNBOOVVN-WBSHMBCSJVTDVMVN %VOBM
&SIBSEUFUBM'MFJTDIIBVFS
$#)FJTFSFU1JDLFSTHJMM
$BSEBNJOFQSBUFOTJT-
$BQTJDVNNJOJNVN3PYC
$PNNPO/BNFTDVDLPP PXFS
MBEZT TNPDL
CJUUFS
$BQTJDVNGSVUFTDFOT- DSFTT
NFBEPX DSFTT
TQJOLT %VUDI QJOLTUFS
CMPFN 'SFODI DBSEBNJOF EFT QST
DSFTTPO M
HBOU
DSFTTPOOFUUF
DSFTTPO EFT QST (FSNBO
$BQTJDVNQFOEVMVN8JMME 8JFTFOLSFTTF
8JFTFOTDIBVNLSBVU *UBMJBO DBS
EBNJOPEFJQSBUJ
CJMMFSJ
DSFTDJPOFEFJQSBUJ
WJPMP
$BQTJDVNCBDDBUVN-WBSQFOEVMVN 8JMME
EBQFTDJ1PSUVHVFTFBHSJPEPTQSBEPT
DBSEBN
&TICBVHI JOBEPTQSBEPT3VTTJBOMVHPXPKLSFTT
QPMFXBKB
$"3%*041&3.6.-4BQJOEBDFBF
$BSEBNJOFSFTFEJGPMJB- $BSEBSJBESBCB -
%FTW
"JDIFMF4DIXFHMFS
%VEUTDIFOLPFUBM&SIBSEUFUBM
'MFJTDIIBVFS4DIVMU[F.PUFM4FJEFNBOOD
$BSEBNJOFUSJGPMJB-
5FVTDIFS6QPG
1BSUT6TFEZPVOHMFBG
"NPNVNNBYJNVN3PYC %JTUSJCVUJPO64"'MPSJEB
4&USPQJDBM"NFSJDB
USPQJ
DBM"GSJDB
*OEJB
BMTPDVMUJWBUFE
$"3*$"-1BQBZB
1BXQBX$BSJDBDFBF
"SPSB1BOEFZ &SIBSEU FU BM
)BHFS
W 4IBSNB4UPSST5VGFMFUBM5TDIJSDI6QIPG
,PFOFO1TDIZSFNCFM8JFSTPNB-FO 7FSIFJK$PSPOFM7JMMBNBSFUBM8PMUFST8ZL
FUBM;FFOEF8FU
$ $BSEVVTNBSJBOVT- $"3*44"-
"QPDZOBDFBF
4JMZCVNNBSJBOVN -
(BFSUO
$BSJTTBFEVMJT7BIM
$BSEVVTUJODUPSJVT -
'BML
4ZOPOZNT"SEVJOBFEVMJT 7BIM
4QSFOH
$BSJTTBQV
$BSUIBNVTUJODUPSJVT- CFTDFOT"%$
$PNNPO/BNFTDBSBOEBTQMVN
&HZQUJBODBSJTTB$IJ
OFTF UJBO KJB IV DJ 'SFODI BSCSF DJSF
DBSJTTF
$"3*$"-1BQBZB
1BXQBX (FSNBO &TTCBSF 8BDITCBVNXVS[FM
,BSBOEB
$BSJDBDFBF QBVNF4QBOJTIDJSVFMBEF/BUBM6HBOEBNVZ
PO[B
6TBHFTQJDF
DPOEJNFOU
BWPSJOHGPSCJUUFST
$BSJDBQBQBZB- 1BSUT6TFESPPU
%JTUSJCVUJPO4"SBCJB
USPQJDBM"GSJDB
*OEJB
*OEPDIJ
4ZOPOZNT1BQBZB DPNNVOJT /PSPOIB
1BQBZB WVM OB
HBSJT%$ /PUFFGSVJUQVMQJTVTFEUPQSPEVDFKVJDFBOEKBN
$PNNPO/BNFTQBQBZB
QBXQBX
NFMPOF USFF "SB
CJDGBGZ
QBXQBX$IJOFTFGBOLVB
KJBIVHVB
TIV "ZFOTV#PTF#VSLJMM
&SIBSEUFUBM)BOFMU
W ,PFOFO 4DIVMU[F.PUFM 4FJEFNBOO D
LVB
XBOTIPVHVP'SFODIBSCSFEFNFMPO
NFMPO
5VGFMFUBM5IPNQTPO8JFSTFNB-FO
EF USPQJRVFT
QBQBZFS (FSNBO .FMPOFOCBVN
1BQBZB)JOEJQBQJUB*OEJBQBQFFUB*OEPOFTJBO
QFQBZB *UBMJBO DBSJDB
QBQBJB
QBQBKB +BQBOFTF
QBQBJB
NBOKVJ .BMBZTJBO CFUFL
CFUJL
QBQBZB $BSJTTBQVCFTDFOT%$
.FYJDP NFMO [BQPUF 1JMJQJOP QBQBZB 1PSUV
HVFTFNBNPFJSP QMBOU
NBNP GSVJU
3VTTJBO $BSJTTBFEVMJT7BIM
QBQKKB
EVOOPF4BOTLSJU FSBOEBLBSLBUJ4QBOJTI
IJHP EF NBTUVFSP
MFDIPTB
NBNO
QBQBZP
QB
QBZFSP
GSVUBCPNCB4XBIJMJNQBQBJBJNBM $"35)".64-4BGGMPXFS
BLBX7JFUOBNFTFEVEVYBO "TUFSBDFBF $PNQPTJUBF
6TBHFTQJDF
TPVSDFBOEQSPEVDUPGDIZNPQBQJOBOE
QBQBJO
1BSUT6TFETFFE $BSUIBNVTHMBCFS#VSN
%JTUSJCVUJPOOBUJWFMJLFMZ.FYJDP
$"NFSJDB
8FTU*O
EJFT
&"OEFT $BSUIBNVTUJODUPSJVT-
/PUFFTFFETBSFVTFEJOTUFBEPGCMBDLQFQQFS
TQP
SBEJDBMMZBTGBMTJDBUJPO
$BSUIBNVTUJODUPSJVT-
"FEPFUBM"L"TTJ(VJOLP#FOEFM#IBUUBDIB
SKFF FU BM #MBODLF $IFFST %BTUVS %BWJE
4ZOPOZNT$BSEVVT UJODUPSJVT -
'BML
$BSUIBNOVT
TPO&OHFM1IVNNBJ&SIBSEUFUBM)BOFMU
)JMMFS.FM[JH)PQQF-FVOH-JOEOFS.FJ
HMBCFS#VSN
TFOCBDIFS.PSSJT.BDLMFZ.PSTFUBM1BSBELBS $PNNPO/BNFTEZFSTTBSPO
GBMTFTBSPO
TBPXFS
FUBM1TDISZNCFM1VSTHMPWF4DIFODL/BVOEPSG TBSPO UIJTUMF "SBCJD BTGBS
TIBXSJOB
HVSEVN
4DIVMU[F.PUFM4FJEFNBOOD
C
$IJOFTF IPOH IVB
IPOH MBO IVB
IPOH IVB DBJ
$"36.-$BSBXBZ"QJBDFBF 6NCFMMJGFSBF
4DIFODL/BVOEPSG4DIOGFMEFS4DIVMU[F.PUFM
4FJEFNBOO D
4IBSNB 4NBMM 4NJUI
4UBFTDIF 5VGFM FU BM 5FVTDIFS 6QIPG
8FBMUIPG*OEJB8FJTT8ZLFUBM;FWFOEF8FU
$
$BSUIBSUPDBSQVTGJTUVMB1FST
$BTTJBTUVMB-
$"36.-$BSBXBZ
"QJBDFBF 6NCFMMJGFSBF
$BSVNBOJTVN -
#BJMM
1JNQJOFMMBBOJTVN-
$BSVNBSPNBUJDVN%SVDF
$BSVNCVMCPDBTUBOVN,PDI
'SFODI DBSUIBNF
DBSUIBNF EF UFJOUVSJFST
TBGSF
TBGSBOPO
TBGSBO CUBSE (FSNBO 'SCFSEJTUFM
#VOJVNCVMCPDBTUBOVN-
4BPS
#BTUBSETBGSBO
'BMTDIFS 4BGSBO
5PVSJT
UFO4BGSBO *OEJB LVTVN
LVTVNCB
LVTIVNCB
*UBMJBO DBSUBNP
[BSPOF +BQBOFTF CFOJCBOB
$BSVNDBSWJ-
LLXB ,PSFBO JULLPU 1PSUVHVFTF BBGSP CBT
UBSEP 3VTTJBO TBPS LSBTJMOZK 4MPWFOJBO QPMU 4ZOPOZNT$BSVNWFMFOPWTLZJ3PIMFOB
GBSCJBSTLZ4QBOJTIBMB[PS
B[BGSOCBTUBSEP
B[BG $PNNPO/BNFT DPNNPO
DBSBXBZ"SBCJDLBSBVZB
SODBOBSJP
B[BGSBOEFMQBJT
DSUBNP
4QBOJTITBG $IJOFTF GBOH GFOH
TF MV [J
TIBODIVUTBJ
ZVBO
GSPO TVJ
[BOHIVJYJBOH'SFODIBOJTEFTWPTHFT
DBSWJ
6TBHFTQJDF
FYDIBOHF GPS TBSPO ESZ GSVJUT UP QVU DVNJOEFQST(FSNBO &DIUFS
,NNFM
#SPU
JOUPDIVUOFZT
EZFTUVQSPEVDUHSFBTZPJMPGTBG LNNFM
'FMELNNFM
8JFTFOLNNFM
$BSCF
GSPO GSVJU
,BSCFOTBNFO )JOEJ TZBIKJSB *OEJB TJZBI KJSB
1BSUT6TFEPXFS
GSVJU TJBI TFFSBI *UBMJBO DVNJOP EFJ QSBUJ DVNJOP
%JTUSJCVUJPOQSPCBCMFPSJHJO8"TJBXJEFMZDVMUJWBUFE UFEFTDP
LBSBXJZB ,PSFBO LIBSVN 1PSUVHVFTF
JO/"GSJDB
$IJOB
*OEJB
BOEUIF64" BMDBSWJB3VTTJBOUNJO
UJNPO
UNJOPCZLOPXFO
OZK4BOTLSJULSTOBKJSBLB4MPWFOJBOSBTDB4QBO
"JDIFMF4DIXFHMFS
#SUFMT#FSHFS
#PJT JTIBMDBSBWFB
DBSWJ
DPNJOPEFQSBEP
IJOPKPEF
#PJTWFSU)VCFSU#VSLJMM
$IFFST$PJDJV3BD[ OP
QSBEF5VSLJTIGSFOLLJNJPOPV
ZFBS
$SB[F%BTUVS%BWJETPO&SIBSEUFUBM
)BOFMU
)FFHFS )FQQFS )JMMFS.FM
6TBHFTQJDF QSPEVDU FTTFOUJBM PJM DBSBXBZ PJM
BOE
[JH)PQQF )ZVO+VOH ,JN FU BM ,B[VNB FU BM GPS QSPEVDUJPO PG BMDPIPMJD CFWFSBHFT
FH i"M
,OPXMFT
,SCFS(SPIOF-FXJOHUPO MBTDIu
.FMDIJPS,BTUOFS/*$1#11SVUIJ1VSTHMPWF 1BSUT6TFEGSVJUT
$"44*"-4IPXFS5SFF'BCBDFBF -FHVNJOPTBF
FUBM5FVTDIFS6CJMMPT6QIPG8TUFOGFME
)BFOTFM8ZLFUBM;FWFOEF8FU
$BTTJBGJTUVMB-
$BSVNDPQUJDVN -
#FOUI 4ZOPOZNT$BUIBSUPDBSQVTTUVMB1FST
$PNNPO/BNFTHPMEFO TIPXFS
*OEJBO MBCVSOVN
5SBDIZTQFSNVNBNNJ -
4QSBHVF QVEEJOH QJQF USFF
QVSHJOH DBTTJB
QVSHJOH T
UVMB #SB[JM 1PSUVHVFTF
DBOBTUVMF
UBQJSB DPJO
BOB$IJOFTFHVPNBJMPOHMBOH
IVBJIVBDIJOH
$BSVNJOWPMVODSBUVN 3PYC
#BJMM 'SFODI CUPO DBTTF
DBODJFS
DBTTF TUVMFVTF
(FSNBO3ISFOLBTTJB
*OEJTDIFS(PMESFHFO)JO
5SBDIZTQFSNVNSPYCPSHIJBOVN %$
$SBJC EJBNBMUBT
KBHBSVXB
TJOBSB
TVOEBMJ*OEPOFTJBO
CFSFLTB
LBTJB TFOB
UFOHHVMJ
USBOHHVMJ +BQBOFTF
OBOCBO TBJLBDIJ +BWBOFTF LFZPL
LMPIPS .B
$BSVNQFUSPTFMJOVN#FOUIFU)PPL MBZTJBO CFSFLTB
SBKBI LBZV
UOHHVMJ
LBTJB TFOB
.FYJDP DBOBTUVMB
DBOBQJTUPMB 1JMJQJOP DBB
1FUSPTFMJOVNDSJTQVN .JMM
/ZN QJTUVMB 4BOTLSJU BSBCBEIB
TVWBSOBLB 4QBOJTI
DBOBGTUVMBBJLIVVO
LVO
SBKBQSVL
6TBHFTQJDF
$BSVNSPYCVSHIJBOVN#FOUI 1BSUT6TFEGSVJU
%JTUSJCVUJPOQPTTJCMF PSJHJO USPQJDBM "TJB *OEJB
4SJ
5SBDIZTQFSNVNSPYCVSHIJBOVN %$
$SBJC -BOLB
*OEPOFTJB
XJEFMZDVMUJWBUFEBOEOBUJWFJO
UIF5SPQJDT
/PUF%BEBXBLBMWB
BMPDBMTQJDFQSFQBSBUJPOJOOPSUI
$BSVNWFMFOPWTLZJ3PIMFOB FSO/JHFSJB
PCUBJOFEGSPNDBSPCCFBO
$BTTJBPCUVTJGPMJB- $&$301*"-PFGGM4OBLF8PPE
$FDSPQJBDFBF .PSBDFBF
4FOOBPCUVTJGPMJB -
*SXJOFU#BSOFCZ
$"44*/&-
$FDSPQJBBTQFSSJNB1JUU
$
$FMBTUSBDFBF $FDSPQJBQFMUBUB-
$BTTJOFDSPDFB 5IVOO
,VOU[F $FDSPQJBQFMUBUB-
4ZOPOZNT$SPDPYZMPODSPDFVN VOC
/3PCTPO 4ZOPOZNT$FDSPQJBBTQFSSJNB1JUU
$PNNPO/BNFTTNBMMMFBWFE TBSPO
TBSPO DBTTJOF $PNNPO/BNFT$POHP QVNQ
USVNQFU USFF
QPQB
(FSNBO 4DINBMCMUUJHFS 4BGSBO 4 "GSJDB GZO HVO
TOBLF XPPE #SB[JM 1PSUVHVFTF
BNCBCB
CMBBSTBSBBO FNCBCB
BCBJCB
JNCBCB'SFODICPJTDBOOPO
6TBHFTQJDF SBSFMZ
USBOQFUJFS (FSNBO ,BSJCJTDIFS "NFJTFOCBVN
1BSUT6TFEPXFS ,BOPOFOCBVN
5SPNQFUFOCBVN1PSUVHVFTFBN
%JTUSJCVUJPO4PVUIFSO"GSJDB CBJUJOHB
JNCBCB4QBOJTIDIBOHSBSSP
HVBSVNP
ZBHSVNP
2VBUUSPDDIJ 6TBHFQPUIFSC
1BSUT6TFEZPVOHQPET
%JTUSJCVUJPO$"NFSJDB
8FTU*OEJFT
USPQJDBM4"NFS
$BTTJOFNFUBCFMJDB -PFT
4UFFENBO JDB
4ZOPOZNT&MBFPEFOESPONFUBCFMJDB-PFT &SIBSEUFUBM3UTDI6QIPG8JFSTFNB-FO
$PNNPO/BNFT(FSNBO$BTTJOFIPM[
6TBHFTQJDFGPSNFBU BUCBSCFDVF
1BSUT6TFEXPPE $&%30/&--".PFODI
%JTUSJCVUJPO4PVUIFSO"GSJDB,BMBIBSJ -BNJBDFBF -BCJBUBF
/PUF#BSCFDVF NFBU
XJUI UIF XPPE HJWF B TQJDZ
BSPNB
$FESPOFMMBDBOBSJFOTJT -
8FCCFU#FSUI
/FVXJOHFS2VBUUSPDDIJ
4ZOPOZNT$FESPOFMMBUSJQIZMMB.PFODI
$PNNPO/BNFTCBMNPG(JMJBE
DBOBSZCBMN'SFODI
$BTTVNVOBSSPYCVSHIJJ$PMMB CBVNF EF HBMBBE (FSNBO #BMTBNTUSBVDI 1PS
UVHVFTFIPSUFMEFCVSSP
NFVUBTUSP4QBOJTIUI
;JOHJCFSDBTTVNVOBS3PYC EFT$BOBSJFT
6TBHFTQJDF
1BSUT6TFEMFBG
$BUIBSUPDBSQVTGJTUVMB1FST %JTUSJCVUJPO$BOBSZ*TMBOET
"[PSFT
.BEFJSB
/PUFFQMBOUJTWFSZGSPTUTFOTJUJWF
$BTTJBTUVMB-
#SFNOFTT$BSSFJSBTFUBM$IFFST&OHFMFUBM
&SIBSEUFUBM-QF[(BSDBFUBM
$&-04*"-$PDLTDPNC
8PPMGMPXFS"NBSBOUIBDFBF
$FESPOFMMBKBQPOPDB)BTTL $FMPTJBDSJTUBUB-
"HBTUBDIFSVHPTB 'JTDIFU$".FZ
,VOU[F $FMPTJBBSHFOUFB-WBSDSJTUBUB -
,VOU[F
$ $FESPOFMMBNFYJDBOB ,VOUI
#FOUI $FMPTJBJTFSUJJ$$5PXOTBOE
"HBTUBDIFNFYJDBOB ,VOUI
-JOUFU&QMJOH 4ZOPOZNT$FMPTJBMBYB%BM[JFM
$PNNPO/BNFTDPDLTDPNC 'SFODI DMPTJF
DSUF EF
DPR (FSNBO #SBOETDIPQG
)BIOFOLBNN 3VT
$FESPOFMMBUSJQIZMMB.PFODI TJBOQFUVTDIJKQSFEFTDIPL
6TBHFBWPSJOHGPSTBVDFTBOETPVQT
QPUIFSC
$FESPOFMMBDBOBSJFOTJT -
8FCCFU#FSUI 1BSUT6TFEIFSC
%JTUSJCVUJPO8 "GSJDB GSPN 4FOFHBM
UIF (BNCJB UP
/JHFSJB
"OHPMB
$BNFSPPO
(BCPO
;BNCJB
$FMBTUSVTTFOFHBMFOTJT-BN
#VSLJMM
*SWJOF
.BZUFOVTTFOFHBMFOTJT -BN
&YFMM
$FMPTJBMBYB%BM[JFM
$FMMVTFEPEFT #FSL
*UPFU*NBJ
$FMPTJBJTFSUJJ$$5PXOTBOE
-FOUJOVTFEPEFT #FSL
4JOH
$FMPTJBTQMFOEFOT4DIVNFU5IPOO
$&-04*"-$PDLTDPNC
8PPMGMPXFS
"NBSBOUIBDFBF $FMPTJBBSHFOUFB-WBSDSJTUBUB -
,VOU[F
$FMPTJBBSHFOUFB-WBSDSJTUBUB -
,VOU[F $FMPTJBUSJHZOB-
BZBN1PSUVHVFTFDSJTUBEFHBMP4QBOJTIDSFTUBEF
HBMMP
6TBHFQPUIFSC $FMPTJBUSJMPCB&.FZFSFY.FJTO
1BSUT6TFEMFBG
%JTUSJCVUJPO"TJB*OEJB
4SJ-BOLB $FMPTJBUSJHZOB-
#VSLJMM&SIBSEUFUBM,BZT%JBT6QIPG8J
FSTFNB-FO;FWFOEF8FU
$&/5"63*6.)JMM$FOUBVSZ(FOUJBOBDFBF
$&-5*4-/FUUMFUSFF
6MNBDFBF
$FMUJTJOUJHSJGPMJB-BN
$
$PNNPO/BNFT"GSJDBOGBMTFFMN
"GSJDBOOFUUMFUSFF
'SFODI NJDPDPVMJFS
NJDPDPVMJFS BGSJDBJO
NJDP
DPVMJFSE"GSJRVF(FSNBO"GSJLBOJTDIFSPS(BO[
CMUUSJHFS;SHFMCBVN
6TBHFQPUIFSCJOTPVQTBOETBVDFT
1BSUT6TFEMFBG
%JTUSJCVUJPO8 "GSJDB UIF (BNCJB
(VJOFB
.BMJ
4FOFHBM
"SBCJB
%BM[JFM&SIBSEUFUBM*SWJO.BCCFSMZ6TIFS
$FOUBVSFBCFOFEJDUB -
-
$OJDVTCFOFEJDUVT-
$FOUBVSVNFSZUISFB
GMPXFSJOH
$&/5"63*6.)JMM$FOUBVSZ
(FOUJBOBDFBF
&SIBSEU FU BM 'MFJTDIIBVFS )BHFS )BOFMU
)FFHFS )JMMFS.FM[JH )PINBOO FU BM )PQQF
,BPVBEKJ.BSJPUUF -OHFS /FXBMM FU BM
$FOUBVSJVNFSZUISBFB3BGO 1TDIZSFNCFM4DIJNNFS.BVUIOFS4DIOGFMEFS
4DIVMU[F.PUFM 4FJEFNBOO D WBO EFS 4MVJT-BCBEJF
4ZOPOZNT$FOUBVSJVN NJOVT -
1FST
$FOUBVSJVN 5VSPWBFUBM7BMFOUPFUBM8TUFOGFME)BFOTFM
VNCFMMBUVN (JMJC
&SZUISBFB DFOUBVSVN -
8ZLFUBM
1FST
$PNNPO/BNFTDPNNPO DFOUBVSZ
DFOUBVSZ
GFWFS
XPSU
QJOLDFOUBVSZ'SFODIFSZUISF
QFUJUFDFO $FOUBVSJVNNJOVT -
1FST
UBVSF
IFSCFNJMMFPSJOT(FSNBO$FOUPSFMMF
.BHFOLSBVU
&DIUFT 5BVTFOEHMEFOLSBVU
,PQ $FOUBVSJVNFSZUISFBF3BGO
HFT5BVTFOEHMEFOLSBVU
4BOLUPSJBLSBVU*UBMJBO
CJPOEFMMB
DBDDJB GFCCSF
DFOUBVSFB NJOPSF 3VT
TJBOTPMPUPUZDKBUTDIOJLNBMZK4QBOJTIDFOUBVSFB $FOUBVSJVNVNCFMMBUVN(JMJC
NFOPS
6TBHFTQJDF
BWPSJOH $FOUFVSJVNFSZUISFBFB3BGO
1BSUT6TFEIFSC
%JTUSJCVUJPO/"GSJDB
UFNQFSBUF&VSPQFUP8"TJB
/PUFFIFSCJTVTFEGPSTFBTPOJOHCSBOEZJO)VO $FQBQSPMJGFSB.PFODI
HBSZPFOXJMEQMBOUTBSFVTFE
"MMJVNYQSPMJGFSVN .PFODI
4DISBEFY8JMME
"JDIFMF4DIXFHMFS
"RVJOPFUBM#FMMBSJUBFUBM
#FSHFS
#JMHSJ"EBN$IBSBMBNCPVT$MBJS
$&3"45*6.-.PVTF&BS$BSZPQIZMMBDFBF
$FQBWJDUPSBMJT.PFODI
"MMJVNWJDUPSBMJT-
$ $&3"45*6.-.PVTF&BS
$BSZPQIZMMBDFBF
$FSBTUJVNTFNJEFDBOESVN-
$PNNPO/BNFTNPVTFFBSDIJDLXFFE(FSNBO4BOE
)PSOLSBVU
6TBHFQPUIFSC SBSFMZ
1BSUT6TFEIFSC
%JTUSJCVUJPO&VSPQF
$ZQSVT
5VSLFZ
$BVDBTVT
/
*SBO
&SIBSEUFUBM'MFJTDIIBVFS6QIPG
$FSBTVTMBVSPDFSBTVT -
-PJTFM B
1SVOVTMBVSPDFSBTVT-
$FSBTVTNBIBMFC -
.JMM
1SVOVTNBIBMFC-
$&3"50/*"-o$BSPC
$BFTBMQJOJBDFBF 'BCBDFBF
$FSBUPOJBDPSJBDFB4BMJTC
$FSBUPOJBTJMJRVB-
$FSBUPOJBJOFSNJT4UPLFT
$FSBUPOJBTJMJRVB- C
$FSBUPOJBTJMJRVBBGMPXFSJOH CGSVJUT
$FSBUPOJBTJMJRVB-
$&3$*4-3FE#VE
$BFTBMQJOJBDFBF 'BCBDFBF
$FSPQFHJBIJSTVUB8JHIUFU"SO
4ZOPOZNT$FSPQFHJBIJTQJEB#MBUUFSFU.D$BOO
$FSDJTGMPSJEB4BMJTC $PNNPO/BNFT(FSNBO #PSTUJHF -FVDIUFSCMVNF
3BVIIBBSJHF-FVDIUFSCMVNF
$FSDJTTJMJRVBTUSVN- 6TBHFQPUIFSC JO*OEJBOEFTFSUT
1BSUT6TFEIFSC
%JTUSJCVUJPO*OEJB%FDDBO1FOJOTVMB
$FSDJTTJMJRVBTUSVN-
"SPSB1BOEFZ
4ZOPOZNT$FSDJTPSJEB4BMJTC
$PNNPO/BNFT+VEBTUSFF
MPWFUSFF
SFECVE
4U+PIOT
CSFBE"SBCJDBSHO
LIB[SR
[BN[BSJR'SFODI $FSPQFHJBIJTQJEB#MBUUFSFU.BD$BOO
BSCSFEF+VEF
HBJOJFS(FSNBO (FXIOMJDIFS
+VEBTCBVN
8JMEFT +PIBOOJTCSPU *UBMJBO BMCFSP $FSPQFHJBIJSTVUB8JHIUFU"SO
EJ (JVEB
DIJBOUBOFMMB
USFHBOP +BQBOFTF TFJZP
IBOB[VP 1PSUVHVFTF PMBJB 3VTTJBO CBHSKBOOJL
KVEJOPEFSFWP5VSLJTIBSDVBO $FSPQFHJBMVTIJJ(SBIBN
6TBHFTQJDFTVCTUJUVUFGPSDBQFST
1BSUT6TFEPXFSCVE $FSPQFHJBCVMCPTB3PYC
%JTUSJCVUJPO.FEJUFSSBOFBO SFHJPO
4 &VSPQF UP *SBO
/"GSJDB
PFODVMUJWBUFE
#SUFMT $IFFST $PJU &SIBSEU FU BM )BOFMU
)FQQFS )JMMFS.FM[JH 4DIVMU[F.PUFM
4FJEFNBOOD5VGFMFUBM;FWFOEF8FU
$)"&301):--6.-"QJBDFBF 6NCFMMJGFSBF
$)"&301):--6.- 6TBHFTQJDF
"QJBDFBF 6NCFMMJGFSBF
1BSUT6TFEMFBG
%JTUSJCVUJPO4&QBSUTPG#BMLBO1FOJOTVMBUP/8"OB
UPMJB
$ $IBFSPQIZMMVNBSPNBUJDVN- /PUF0DDBTJPOBMMZDVMUJWBUFEBTBTQJDFQMBOUCZ5VSLT
JO(FSNBOZ )FTTFO
$PNNPO/BNFTDIFSWJM
TQJDF DPX 'SFODI DFSGFVJM
EFT GPVT (FSNBO "SPNBUJTDIFS ,MCFSLSPQG
)BOFMU
(FXS[,MCFSLSPQG
6TBHFBWPSJOH SBSFMZ
$IBMDBTLPFOJHJJ,VS[
$IBFSPQIZMMVNBVSFVN-
.VSSBZBLPFOJHJJ -
4QS
$PNNPO/BNFT(FSNBO(PME,MCFSLSPQG
6TBHFBWPSJOH SBSFMZ
1BSUT6TFEMFBG $IBMDBTQBOJDVMBUB-
%JTUSJCVUJPO$&VSPQFUP&&VSPQF
5VSLFZ
$BVDBTVT
/*SBO .VSSBZBQBOJDVMBUB -
+BDL
/PUFFMFBWFTIBWFBDIBSBDUFSJTUJDQBSTMFZBSPNB
5FVDSJVNNBSVN-
$IBFSPQIZMMVNCVMCPTVN-
&SIBSEU FU BM 'MFJTDIIBVFS )BOFMU -PDI $IBWJDBTBSNFOUPTB 3PYCFY)VOUFS
.JR
.BOGFME 4DIOFMMF 4DIOGFMEFS 4NBMM
5FVTDIFS6QIPG
1JQFSTBSNFOUPTVN3PYCFY)VOUFS
$IBFSPQIZMMVNCZ[BOUJOVN#PJTT
$PNNPO/BNFT#Z[BOUJOJTDIFS,MCFSLSPQG
$)&/010%*6.-(PPTFGPPU$IFOPQPEJBDFBF
$
4ZOPOZNT"OUIFNJTOPCJMJT- 1BSUT6TFEMFBG
ZPVOHUPQT
$PNNPO/BNFTPXFSIFBE
HBSEFODIBNPNJMF
OPCMF %JTUSJCVUJPO&VSPQF
DPTNPQPMJUJDBM
DIBNPNJMF
3PNBO DIBNPNJMF #SB[JM 1PSUV
HVFTF
DBNPNJMB OPCSF
DBNPNJMB WFSEBEFJSB
&SIBSEUFUBM'MFJTDIIBVFS)BOFMU4DIOFMMF
4DIVMU[F.PUFM4NBMM6QIPG
DBNPNJMB PEPSBOUB
NBDFMB EPVSBEB 'SFODI
DBNPNJMMF SPNBJO (FSNBO 3NJTDIF ,BNJMMF
*UBMJBODBNPNJMMBSPNBOB3VTTJBOSJNTLBKBSP
NBTDILB4QBOJTIDBNPNJMBEFKBSEJO
NBO[BOJM $IFOPQPEJVNBNCSPTJPJEFT-
MBOB
NBO[BOJMMBSPNBOB
6TBHFTQJDF QSPEVDU FTTFOUJBM PJM 3PNBO DIBNP $PNNPO/BNFT"NFSJDBOFQB[PUF
HPPTFGPPU
+FSVTB
NJMFPJM
GPSMJRVFVST MFN PS .FYJDBO UFB
XPSNTFFE "SBCJD MBKPVNB
1BSUT6TFEPXFS OBUOB
TJBOBNB%VUDIXPSNESJKWFOEFHBO[FWPFU
%JTUSJCVUJPO$BOBSZ*TMBOET
/"GSJDB
/
48&VSPQF
'SFODI BNCSPJTJF EV .FYJRVF
BOTSJOF
BN
GPSNFSMZ 4PWJFU 6OJPO
XJEFMZ OBUJWF BOE DVMUJ CSPJTJOF
IFSCF WFST
UI EV .FYJRVF
(FSNBO
WBUFE "NCSPTF
&QB[PUF
,BSUVTFSUFF
8PIMSJFDIFOEFS
(OTFGV
.FYJLBOJTDIFS 5FF
.FYJLBOJTDI
#SUFMT#JDDIJ'SBUUJOJ#SFNOFTT$PJDJV3BD[ OP FT 5SBVCFOLSBVU
-JNB5FF *UBMJBO BNCSPTJB
ZFBS
&SIBSEUFUBM)BHFS
)BOFMU)JMMFS.FM[JH
DIFOPQPEJP BNCSPTJPJEF
U EFM .TTJDP ,P
)PINBOO FU BM )PQQF *TBBD -FXJOHUPO
/FXBMMFUBM0QEZLFC1TDIZSFNCFM3PUI
SFBO ZBLOOHKBFOHJ 1PSUVHVFTF BNCSTJB EP
,PS[NBOO 4DIOGFMEFS 4DIVMU[F.PUFM 4FJEF .YJDP BOTFSJOF WFSNJGVHF
FSWBUF 4BOUB .BSJB
NBOOD4IJWBFUBM4NBMM6CJMMPT8ZLFUBM NBSBNCSPTJFXJEOBKB 4QBOJTI BQB[PUF
BQPTPUF
;FWFOEF8FU FQB[PUF
QBJDP
QB[PUF
IJFSCB IPSNJ VFSB
U EF
.KJDP7JFUOBNFTFDPIPJ
EBVHJVO
LJOIHJPJEBU
SBVOVPJEBJ
$IBWJDBSFUSPGSBDUB 7BIM
.JR 6TBHFTQJDF
BWPSJOH
DPOEJNFOU QSPEVDU FTTFOUJBM
PJM
1JQFSSFUSPGSBDUVN7BIM 1BSUT6TFEGSFTIMFBGBOEIFSC
%JTUSJCVUJPODPTNPQPMJUJDB
QSPCBCMF PSJHJO /FP
USPQJDT
XJEFTQSFBE JO USPQJDBM BOE TVCUSPQJDBM
$IBWJDBTBSNFOUPTB 3PYCFY)VOUFS
.JR "NFSJDB
SVEFSBM JO #SB[JM
8 "GSJDB 4JFSSB -F
POF
(IBOB
/JHFSOBUJWF4&VSPQF
1JQFSTBSNFOUPTB3PYCFY)VOUFS /PUFJTQPMZNPSQIVTTQFDJFTIBTUIFUXPDVMUJWBUFE
SBDFBWBSBNCSPTJPJEFTBOEWBSBOUIFMNJOUJDVN
$IFOPQPEJVNCPOVTIFOSJDVT-
4ZOPOZNT$IFOPQPEJVNFTDVMFOUVT4BMJTC
$PNNPO/BNFTBMMHPPE
HPPE LJOH )FOSZ 'SFODI
$IFOPQPEJVNCPUSZT-
$IFOPQPEJVNWJSJEF-
$IFOPQPEJVNDBOEJEBOT-BN
$IFOPQPEJVNBMCVN-
$IFOPQPEJVNBMCVN-
$IFOPQPEJVNDBQJUBUVN -
"TDI
$)*."1)*-"1VSTI1SJODFT1JOF %JTUSJCVUJPOXJMEJO$IJOBDVMUJWBUFEJO&"TJB4$IJ
1ZSPMBDFBF OB
7JFUOBN
+BQBO
.BMBZTJB
+BWBBOE4VNBUSB
$IJNBQIJMBVNCFMMBUB -
#BSUPO
%VOH 4DIVMU[F.PUFM 4FJEFNBOO D ;FWFOEF
8FU $
4ZOPOZNTQJSPMBVNCFMMBUB-
$PNNPO/BNFTQSJODFTQJOF(FSNBO%PMEJHFT8JO
UFSMJFC
/BCFMLSBVU
8BMEEPMEF $IMPSPDPEPOXIJUFJ)PPLG
6TBHFTQJDFGPSCFFSTVCTUJUVUFGPSIPQT MPDBMMZ
8JFSTFNB-FO
$ISZTBOUIFNVNCBMTBNJUF-
$)-03"/5)644X
$IMPSBOUIBDFBF 5BOBDFUVNCBMTBNJUF-
$IMPSBOUIVTJODPOTQJDVVT4X $ISZTBOUIFNVNDPSPOBSJVN-
$IMPSBOUIVTTQJDBUVT VOC
.BLJOP 4ZOPOZNT9BOUIPQIUIBMNVN DPSPOBSJVN -
5SF
IBOF
$PNNPO/BNFTDSPXOEBJTZ
DPPLJOHDISZTBOUINVN
$IMPSBOUIVTJOEJDVT8JHIU HBSMBOE DISZTBOUIFNVN
HBSMBOE
HBSMBOE EBJTZ
$IJOFTFQFOHIBP
UVOHIBP'SFODIDISZTBOUINF
$IMPSBOUIVTTQJDBUIVT VOC
.BLJOP BDPVSPOOF(FSNBO(PMECMVNF
,SPOFO8VDI
FSCMVNF*UBMJBODSJTBOUFNP
PSEPSP+BQBOFTF
LJLVOPSJLJLVOB
TIVOHJLV3VTTJBODISJ[BOUFNB
$IMPSBOUIVTPCUVTJGPMJVT.JR VWFOUTDIBOOBKB4BOTLSJUDIBOESBNBMMJLB
6TBHFDPOEJNFOU
QPUIFSC
$IMPSBOUIVTTQJDBUIVT VOC
.BLJOP 1BSUT6TFEMFBG
HFSNJOBUFETFFEMJOHT
%JTUSJCVUJPO4 &VSPQF
*UBMZ
5VSLFZ
*TSBFM
/ "GSJDB
DVMUJWBUFE JO OVNFSPVT DPVOUSJFT
FTQFDJBMMZ JO
$IMPSBOUIVTTQJDBUVT 5IVOC
.BLJOP $IJOBBOE+BQBO
/PUF*O+BQBOMFBWFTPGWBSJPVT$ISZTBOUIFNVNTQF
4ZOPOZNT$IMPSBOUIVTJODPOTQJDVVT4X
$IMPSBOUIVT DJFT BSF VTFE UP QSPEVDFE UIF TFBTPOJOH i4IVO
JOEJDVT8JHIU
$IMPSBOUIVTPCUVTJGPMJVT.JR
/JH HJLVu
SJOBTQJDJGFSB-BN
$PNNPO/BNFTQFBSM PSDIJE PXFS
DIVMBO
DIB SBO "INFE FU BM "MWBSF[$BTUFMMBOPT FU BM #PJT
$IVEBFUBM
%BWJETPO%VEUTDIFOLPFUBM
$IJOFTF[IVMFN
[VMBOIVB(FSNBO$IMPSBO
&M.BTSZFUBM&SIBSEUFUBM
'MBNJOJFUBM
UIVTCMUFO
1FSMFO0SDIJEFF *OEPOFTJBO CBSMFO )FQQFS4BO[FUBM4DIVMU[F.PUFM4VMBT$BSFEEB
+BQBOFTF DIBSBO BJ OJBN PN
GPJ GBB
SBBN 5BLFOBLBFUBM5VDLFS6QIPG;FWFOEF8FU
7JFUOBNFTFIPBTPJ
6TBHFTQJDF TQPSBEJDBMMZ
BWPSJOHGPSUFB
1BSUT6TFEPXFS
MFBG
$):53"/5)64)PPLG4BQJOEBDFBF
$ISZTBOUIFNVNMFVDBOUIFNVN- $*/$)0/"-2VJOJOF
3VCJBDFBF
-FVDBOUIFNVNWVMHBSF-BN
$ $ISZTBOUIFNVNNBKVT %FTG
"TDIFST
$JODIPOBDBMJTBZB8FEE
$JODIPOBPDJOBMJT-
5BOBDFUVNCBMTBNJUF-
$JODIPOBDPSEJGPMJB.VUJT
$ISZTBOUIFNVNWVMHBSF -
#FSOI
$JODIPOBQVCFTDFOT7BIM
5BOBDFUVNWVMHBSF-
$JODIPOBHMBCSB3VJ[
$):53"/5)64)PPLG
4BQJOEBDFBF $JODIPOBPDJOBMJT-
$IZUSBOUIVTDBVMJGMPSVT )VUDIFU%BMH
$JODIPOBHSBOEJGPMJB.VU
8JDLFOT
$JODIPOBQVCFTDFOT7BIMATVDDJSVCSB
6TBHFBWPSJOH
1BSUT6TFEMFBG
%JTUSJCVUJPO8"GSJDB-JCFSJB $JODIPOBIJSTVUB3VJ[FU1BW
$IZUSBOUIVTUBMCPUJJ #BLG
,FBZ $JODIPOBMBODJGPMJB.VU
6TBHFDPOEJNFOU $JODIPOBPDJOBMJT-
1BSUT6TFEGSVJUQVMQ
%JTUSJCVUJPO8"GSJDB(BCPO
$JODIPOBMFEHSFSBOB.PFOTFU5SJN
#VSLJMM
$JODIPOBPDJOBMJT-
$JDVUBBNPNVN$SBOU[
$JODIPOBOJUJEB3VJ[FU1BW
4JTPOBNPNVN-
$JODIPOBPDJOBMJT-
$JFOTLPXTLJBBFUIJPQJDB4DIXFJOG
$JODIPOBPGGJDJOBMJT-
4JQIPOPDIJMVTBFUIJPQJDVT 4DIXFJOG
#-#VSUU
4ZOPOZNT$JODIPOBDBMJTBZB8FEE
$JODIPOBHMBCSB
3VJ[
$JODIPOBMBODJGPMJB.VU
$JODIPOBMFEHSFSB
OB.PFOTFU5SJN$JODIPOBOJUJEB3VJ[FU1BW
$*//".0%&/%30/&OEM$BOFMMBDFBF
1BSUT6TFECBSL
%JTUSJCVUJPO84"NFSJDB
BMTPDVMUJWBUFE
$JODIPOBTVDDJSVCSB1BWFY,MPU[TDI
#FSHFS
%VLFFUBM&SIBSEUFUBM'FSSP
'MDLJHFS (PSLPN )BHFS
)BOFMU )FS
$JODIPOBQVCFTDFOT7BIMATVDDJSVCB
NBOO B
C )JMMFS.FM[JH )PCIPVTF -FXJOHUPO
0DITF FU BM 1MPULJO 1VSTHMPWF 4DIVMU[F
.PUFM 4FJEFNBOO D 4IBSNB 5VGFM FU BM
5TDIJSDI5VSPSBFUBM6QIPG7JMMBNBSFUBM $*/&3"3*"-$JOFSBSJB
8FTUFSNBOO 8PMUFST 8TUFOGFME)BFOTFM "TUFSBDFBF $PNQPTJUBF
;FWFOEF8FU
$JOFSBSJBMZSBUB-
$JODIPOBQVCFTDFOT7BIM
$PNNPO/BNFT"GSJDBO NBSJHPME
XJME QBSTMFZ
4ZOPOZNT$JODIPOB DPSEJGPMJB .VUJT $JODIPOB IJS 'SFODIDJOSBJSFE"GSJRVF(FSNBO"GSJLBOJTDIF
TVUB3VJ[FU1BW
3JOHFMCMVNF
8JMEF1FUFSTJMJF4"GSJDBHFFMCMPN
$PNNPO/BNFTRVJOJOF
SFEDJODIPOB
SFE1FSVWJBO
CPFSFMVTFSO
SFECBSL
+FTVJUCBSL$IJOFTFDIJODIJMP
KJOKJMF 6TBHFQPUIFSC MPDBMMZ
WFSZTQPSBEJDBMMZ
UF[BEFRVJOB
6TBHFTQJDF
BWPSJOH
1BSUT6TFECBSL $*//".0%&/%30/&OEM
%JTUSJCVUJPO$ "NFSJDB
USPQJDBM 4 "NFSJDB
$PTUB $BOFMMBDFBF
3JDBUP#PMJWJB
*OEJB
+BWB
BMTPDVMUJWBUFE
%VLFFUBM&SIBSEUFUBM'FSSP'MDLJHFS $JOOBNPEFOESPODPSUJDPTVN.JFST
)BHFS
)BOFMU)FSNBOOB
C)JMMFS.FM[JH
)PINBOOFUBM1TDIZSFNCFM1VSTHMPWF3UTDI
4DIVMU[F.PUFM 4FJEFNBOO D5VGFM FU BM
$PNNPO/BNFTGBMTF 8JOUFST CBSL
LJOOBNPO (FS
6QIPG 8PMUFST 8TUFOGFME)BFOTFM 8ZL FU BM NBO'BMTDIF8JOUFSSJOEF
;FWFOEF8FU 6TBHFTQJDF SBSFMZ
1BSUT6TFECBSL
%JTUSJCVUJPO8FTU*OEJB
$*//".0.6.4DIBFGG$JOOBNPO-BVSBDFBF
1BSUT6TFECBSL
MFBG
%JTUSJCVUJPO/&*OEJB
$*//".0.6.4DIBFGG$JOOBNPO
$ -BVSBDFBF #BSVBI/BUI
4ZOPOZNT$JOOBNPNVN DBTTJB /FFT FY #M
-BVSVT $PNNPO/BNFTDJOOBNPO USFF BJ PQ DIPFJ 7JFU
DBTTJB-
-BVSVTDJOOBNPNVN"OES
OBNFTFRVMUS
$PNNPO/BNFTDBTTJB
$IJOFTF DJOOBNPO
$IJOFTF 6TBHFTQJDF
GSBHSBOU
DBTTJB
DBTTJBWFSB TUSJDUMZTQFBLJOH
$IJOFTFHVJ 1BSUT6TFECBSL
MFBG
[IJ
NPLVFJ
SPVHVJ%VUDILBTTJF'SFODIDBTTF
%JTUSJCVUJPOBJMBOE
7JFUOBN
DBOFMMF DBTTF
DBOFMMF EF $IJOF QMBOUF
DBOFMMF
GBVTTF
DBODF
DBOFMMJFSEF$IJOFDBTTFMJHOFVTF &OHFM1IVNNBJ0ZFO%VOH
$JOOBNPNVNBTTBNJDVN4$/BUIFU"
#BSVBI
$JOOBNPNVNBSPNBUJDVN/FFT
$JOOBNPNVNEFTDIBNQTJJ(BNCMF
$JOOBNPNVNDVMJMBCBO -
+41SFTM
$PNNPO/BNFT.BMBZTJBOLBZVNBOJT
$JOOBNPNVNDVMJMBXBO -
,MPTUFSN 6TBHFTQJDF BWPSJOH
1BSUT6TFECBSL
%JTUSJCVUJPO.BMBLLB
.BMBZTJB 1FOBOH
DVMUJWBUFE
$JOOBNPNVNDVMJMBXBO 3PYC
+41SFTM JO4JOHBQPSF
/PUF4VCTUJUVUFGPS$FZMPODJOOBNPO $JOOBNPNVN
$JOOBNPNVNDVMJMBXBO -
,MPTUFSN [FZMBOJDVN#M
#VSLJMM0ZFO%VOH
$JOOBNPNVNDVMJMBXBOB -
,MPTUFSN
4ZOPOZNT$JOOBNPNVNDVMJMBCBO -
+41SFTM
$JO
OBNPNVN DVMJMBXBO 3PYC
+4 1SFTM
-BVSVT
DVMJUMBXBO-
$PNNPO/BNFT(FSNBO $VMJMBXBO;JNU
-BWBOH
$*//".0.6.4DIBFGG$JOOBNPO-BVSBDFBF
$JOOBNPNVNJOFST3FJOXFY#M $JOOBNPNVNNBTTPJB4DIFX
#VSLJMM)BOFMU-BMMFNBOEFUBM.PSUPO1F &SIBSEUFUBM-JV0V
UFS1SVUIJ4DIVMU[F.PUFM5FVTDIFS6QIPG
$JOOBNPNVNNJOEBOBFOTF&MNFS
$JOOBNPNVNKBQPOJDVN4JFCPME $PNNPO/BNFTNJOEBOBPDJOOBNPO(FSNBO.JO
EBOBP;JNU
$PNNPO/BNFT+BQBOFTF DJOOBNPO (FSNBO +BQB 6TBHFTQJDF MPDBMMZ
OJTDIFS;JNU 1BSUT6TFECBSL
6TBHFTQJDF MPDBMMZ
%JTUSJCVUJPO1IJMJQQJOFT
1BSUT6TFECBSL /PUF4VCTUJUVUFGPS$FZMPODJOOBNPO $JOOBNPNVN
%JTUSJCVUJPO$IJOB
+BQBO [FZMBOJDVN#M
%VEUTDIFOLPFUBM-JV0V -BXSFODF)PHH4FJEFNBOOC6QIPG6TIFS
$JOOBNPNVNMPVSFJSJJ/FFT $JOOBNPNVNOJUJEVN#M
)BHFS
)BOFMU)PQQF)JMMFS.FM[JH
-BMMFNBOEFUBM-JV0V.BJTUSF.FMDIJPS,BTU )BHFS
.FMDIJPS,BTUOFS 1FUFS 1SVUIJ
OFS1FUFS1SVUIJ4DISEFS4DIVMU[F.PUFM 4DIVMU[F.PUFM4FJEFNBOOD4UBFTDIF5VGFMFU
4FJEFNBOOD4FJEFNBOO4JFCFSU4UBFTDIF BM5FVTDIFS
5BJOUFS(SFOJT5VGFMFUBM5FVTDIFS
$*//".0.6.4DIBFGG$JOOBNPO-BVSBDFBF
$JOOBNPNVNPCUVTJGPMJVN 3PYC
/FFTWBS $JOOBNPNVNQPSSFDUVN 3PYC
,PTUFSN
MPVSFJSJ/FFTFY8BUU
4ZOPOZNT$JOOBNPNVN QBSUIFOPYZMPO +BDL
/FFT
$JOOBNPNVNMPVSFJSJJ/FFT -BVSVTQPSSFDUB3PYC
$PNNPO/BNFT$IJOFTF [POH HVBO
[POH IBJ
NBJ
[POH
$
$JOOBNPNVNPMJWFSB#BJMFZ 6TBHFTQJDF
1BSUT6TFECBSL
$PNNPO/BNFT"VTUSBMJBODJOOBNPO
CMBDLTBTTBGSBT
%JTUSJCVUJPO$IJOB
.ZBONBS
.BMBZTJB
JO 4 $IJOB
0MJWFSTCBSL'SFODIDBOFMMFM"VTUSBMJF(FSNBO DVMUJWBUFEJOUIFHBSEFO
"VTUSBMJTDIFS;JNU+BQBOFTFOJLLBJ
6TBHFTQJDF )BOFMU:VFUBM;FWFO;IVLPWTLZ
1BSUT6TFECBSL
%JTUSJCVUJPO"VTUSBMJB2VFFOTMBOE
/PUF4VCTUJUVUFGPS$FZMPODJOOBNPO $JOOBNPNVN $JOOBNPNVNQVCFSVMVN3JEMFZ
[FZMBOJDVN#M
$PNNPO/BNFT.BMBZTJBOUFKB
NFEBOHLFNBOHJ
,BSJH1FUFS3UTDI6QIPG 6TBHFTQJDF
FHUPBWPSDVSSJFT MPDBMMZ
1BSUT6TFECBSL
%JTUSJCVUJPO.BMBZTJBO1FOJOTVMB
$JOOBNPNVNQBSBOFVSPO.JR
(V[NBO4JFNPOTNB0ZFO%VOH
$JOOBNPNVNJOFST3FJOXFY#M
$JOOBNPNVNSIZODIPQIZMMVN.JR
$JOOBNPNVNQBSUIFOPYZMPO.FJTO
$PNNPO/BNFT*OEPOFTJBOLBZVMBXBOH
LBZVTBMBO
6TBHFTQJDF MPDBMMZ
QSPEVDUFTTFOUJBMPJM CBSLBOE HBO
NPEBOHTBOHHBS.BMBZTJBOUFKB
MFBG
6TBHFTQJDF MPDBMMZ
$JOOBNPNVNQIJMJQQJOFOTF .FSS
$&
$IBOH $JOOBNPNTJOUPL#M
$PNNPO/BNFT1IJMJQQJOFDJOOBNPO'SFODIDBOFMMF 4ZOPOZNT$JOOBNPNVNDBNQIPSBUVN#M
EFMFT1IJMJQQJOFT(FSNBO1IJMJQQJOJTDIFS;JNU $PNNPO/BNFT+BWB DBTTJB (FSNBO +BWB)PM[[JNU
6TBHFTQJDF MPDBMMZ
+BWBOFTFTJOUPL
1BSUT6TFECBSL 6TBHFBWPSJOH MPDBMMZ
%JTUSJCVUJPO1IJMJQQJOFT 1BSUT6TFECBSL
%JTUSJCVUJPO*OEPOFTJB+BWB
4VNBUSB
-BMMFNBOEFUBM.FMDIJPS,BTUOFS4FJEFNBOOD
5FVTDIFS #BDLFS#BLIVJ[FO WBO EFO #SJOL 1FUFS 4BOHBU
3PFNBOUZP6QIPG
$*//".0.6.4DIBFGG$JOOBNPO-BVSBDFBF
$JOOBNPNVNUBNBMB #VDI)BN
/FFTFU
&CFSN
$ .BMBCBUISJCBSL'SFODIDBOFMMFE*OEF(FSNBO
.BMBCBS[JNU
*OEJTDIFS )PM[[JNU )JOEJ UFKQBU
3VTTJBO.BMBCBSTLBKBLPSJJ[B
6TBHFTQJDF MPDBMMZ
DPOEJNFOU
1BSUT6TFEMFBG
CBSL
%JTUSJCVUJPO*OEJB
.BMBZTJB
/PUFFMFBWFTBSFTVCTUJUVUFGPSCBZMFBWFT -BVSVT
OPCJMJT-
$JOOBNPNVNWFSVN+1SFTM
$JOOBNPNVN[FZMBOJDVN#M
$JOOBNPNVN[FZMBOJDVN#M
7JUBDFBF
(V[NBO4JFNPOTNB
$JTTVTBSCPSFB'PSSTL
$JUSVTBVSBOUJJGPMJB $ISJTUNFU1BO[
4XJOHMF
$
4BMWBEPSBQFSTJDB-
4ZOPOZNT$JUSVTKBWBOJDB#M
$JUSVTMJNB-VOBO
$JU
SVTOPUJTTJNB#MBODP
-JNPOJBBDJEJTTJNB)PVUU
$JTTVTRVBESBOHVMBSJT- -JNPOJBBVSBOUJJGPMJB$ISJTUNFU1BO[
$PNNPO/BNFT"EBNT BQQMF
LFZ MJNF
MJNF
MJNPO
4ZOPOZNT7JUJTRVBESBOHVMBSJT8BMM .FYJDBO MJNF
TPVS MJNF
1FSTJBO MJNF
8FTU *O
$PNNPO/BNFTFEJCMF TUFNNFE WJOF 'SFODI WJHOF EJBOMJNF$IJOFTFTVBOOJOHNOH
MJNBVOJQJT
EF #BLFM
DJTTVT EF (BMBN
(FSNBO 7JFSLBOUJHF %VUDI MJNNFUKF 'SFODI MJNFUUJFS
MJNFUUF BDJEF
,MJNNF*OEJBWBKSBWBMMJ
DBOOBMBNQBSBOUB
IBS DJUSPOWFSU(FSNBO4BVSF-JNFUUF
-JNPOF
-JN
KPSB
IBETBOEIJ POFMMF )JOEJ LBHI[J NJNCPP *OEJB FSVNJDIJ
6TBHFDPOEJNFOU OBSBLBN
OJNNB
MJNCF*OEPOFTJBOKFSVLOJPJT
1BSUT6TFEZPVOHTIPPU *UBMJBO MJNFUUF +BWBOFTF EKSPPL QUKM .BMBZ
%JTUSJCVUJPO"SBCJB
&UIJPQJB
USPQJDBM"GSJDB
4"GSJDB TJBO MJNBV BNLJBO
MJNBV LBQBT .FYJDP HVFMB
/BUBM.BEBHBTDBS
*SBR
*OEJB
4SJ-BOLB
1IJMJQ DBTUJMMB
HVFMB MJNB
HVFMB YUJMMB 1JMJQJOP EBZBQ
QJOFT
.BMBZTJBO"SDIJQFMBHP 1PSUVHVFTFMJNB
MJNP
MJNBDJEB4QBOJTIMJNB
/PUFFZPVOHTIPPUTBSFBDVSSZJOHSFEJFOUJO*OEJB MJNFSP
MJNODFVUJBJNBHSPPE
NBOBP7JFU
BOE.BMBZTJB OBNFTFDBN
6TBHFTQJDF QFFM
BWPSJOH KVJDF
QSPEVDU FTTFO
"NCBTUB#VSLJMM
&SIBSEUFUBMW,PFOFO UJBMPJM QFFM
4IBSNB6QIPG8FBMUIPG*OEJB
1BSUT6TFEQFFM
KVJDF
%JTUSJCVUJPOXJEFMZDVMUJWBUFEJOUSPQJDBMBOETVCUSPQJ
DBM
QSPCBCMFPSJHJOUSPQJDBM"TJB
$*5364--FNPO
-JNF
0SBOHF /PUFFVOSJQFQFFMJTUFSNFE$VSBDBPQFFM
3VUBDFBF
"ZFOTV#SUFMT#PWJMM3FFWF#PVSOPU$IBSB
%BWJT"MCSJHP %VHPEJ (JBDPNP ,MPDL
MBNCPVT$IFFST$IJTIPMNFUBM%BWJETPO
,MPDL,MPDL .B[[B 0DITF FU BM 3BNO-BDB %VHPEJ (JBDPNP &OHFM1IVNNBJ )BOFMU )JMM
4BVOU 4DIJSBSFOE)FJMNFZFS 4IJ FU BM FS.FM[JH,VNBS.JOI5VFUBM1VSTHMPWF
4UFJOFS)PDIIBVTFO 3PCBSET FU BM 3PUI,PS[NBOO 4DIVMU[F.PUFM
4FJEFNBOO D 4IBSNB 5VGFM FU BM 6QIPG
7FOLBUFTIXBSMV4FMWBSBK7FSIFJK$PSPOFM7JMMBNBSFUBM
;FWFOEF8FU
$JUSVTBNCMZDBSQB )BTTL
0DITF
MBS FU BM ,JSCBTMBS,JSCBTMBS ,VNBS -FXJOHUPO 1BSUT6TFEQFFMPGSJQFGSVJUT
-JO ;IFOHLVJ FU BM .FMDIJPS,BTUOFS .JOI5V %JTUSJCVUJPO4*UBMZ
DVMUJWBUFEJO5VSLFZ
FUBM.POEFMMPFUBM0ZFO%VOH1TDIZSFNCFM
1VSTHMPWF 4DIOGFMEFS 4DIVMU[F.PUFM #BTFS FU BM #FOEFM #PVSOPU $BTBCJBODB
4FJEFNBOOD4FJEFNBOO4JFCFSU4IBSNB4IJWB $IBSBMBNCPVT %BWJETPO %VEUTDIFOLP FU BM
FUBM4UBFTDIF5VGFMFUBM5FVTDIFS6CJMMPT %VHPEJ(JBDPNP&SIBSEUFUBM)BHFS
)BOFMU
6QIPG7JMMBNBSFUBM8BHOFSFUBM8TUFO )JMMFS.FM[JH)VBOHFUBM,JSCBTMBSFUBM
GFME)BFOTFM8ZLFUBM;FWFOEF8FU ,VNBS-FXJOHUPO.B[[B.POEFMMPFUBM
.PTBOEM+VDIFMLB 0ZFO%VOH 1PJBOB FU BM
3PUI,PS[NBOO 4DIOGFMEFS 4DIVMU[F.PUFM
4FJEFNBOOD4NBMM4QJOFMMJ6QIPG7FS[FSB
$JUSVTBVSBOUJVN-TTQCFSHBNJB 3JTTPFU
FUBM
1PJU
8JHIUFU"SOFY&OHM
$PNNPO/BNFTDVSBTTBPQFFM(FSNBO+BDNBMTDIBMFO
$VSBTTBPTDIBMFO $JUSVTCJHBSBEJB-PJTFM
6TBHFTQJDF
BWPSJOH
1BSUT6TFEQFFMPGVOSJQFOFEGSVJUT $JUSVTBVSBOUJVN-
%JTUSJCVUJPODVMUJWBUFEJOUSPQJDBMSFHJPOT
)PQQF ,VNBS 4FJEFNBOO D 5VGFM FU BM $JUSVTDFESB-JOL
8TUFOGFME)BFTFMFS
$JUSVTNFEJDB-
$JUSVTBVSBOUJVN-WBSDVSBTTBWJFOTJT
$JUSVTDSBTTB)BTTL
$JUSVTBVSBOUJVN- OPUF
$JUSVTNFEJDB-
$JUSVTBVSBOUJVN-WBSNZSUJGPMJVN 3BG
,FS(BXM $JUSVTEFMJDJPTB5FOPSF
$JUSVTNZSUJGPMJB3BG $JUSVTSFUJDVMBUB#MBODP
$*5364--FNPO
-JNF
0SBOHF3VUBDFBF
$JUSVTGSBHSBOT4BMJTC $JUSVTMBUJGPMJB5BOBLB
$JUSVTIZTUSJY%$
BDJEF
1FSTFMJNFUUF
.FYJDBOMJNFUUF
DJUSPOWFSU
(FSNBO#SFJUCMUUJHF-JNFUUF
1FSTJTDIF-JNFUUF
$
6TBHFTQJDF QFFM
BWPSJOH KVJDF
QSPEVDUFTTFOUJBM
$PNNPO/BNFT*OEJBOMFNPO
LBSMJNF
MFFDIMJNF
PJM QFFM
$JUSVTKBQPOJDB5IVOC 4ZOPOZNT$JUSVTMJNPOVN3JTTP
$PNNPO/BNFTMFNPO
MJNVN"SBCJDMBJNVO
MPPN
'PSUVOFMMFKBQPOJDB VOC
4XJOHMF #SB[JM 1PSUVHVFTF
MJNP HBMFHP $IJOFTF MJ
NVOH
OJOHNOH%VUDIDJUSPFO'SFODIDJUSPO
DJUSPOOJFS
MJNPOJFS (FSNBO ;JUSPOF
-JNPOF
$JUSVTKBWBOJDB#M )JOEJKBNCJSJ
OJNCV*OEJBCJKBQVSB
JEBMJNCV
*UBMJBO DJUSFOP
MJNPOF +BQBOFTF SFNPO 1PSUV
$JUSVTBVSBOUJJGPMJB $ISJTUNFY1BO[
4XJOHMF HVFTF MJNP
MJNPFJSP B[FEP 3VTTJBO MJNPOB
4BOTLSJUKBNCJSB4QBOJTIMJNO
MJNPOFSP
6TBHFTQJDF
BWPSJOHQSPEVDUFTTFOUJBMPJM QFFM
$ 8JFSTFNB-FO8ZL;FWFOEF8FU
$JUSVTMJNPOFMMVT)BTTLWBSBNZCMZDBSQB
)BTTL
$JUSVTBNCMZDBSQB )BTTL
0DITF
$JUSVTMJNPOVN3JTTP
$JUSVTMJNPO -
#VSNG
$JUSVTNBEVSFOTJT-PVS
'PSUVOFMMBKBQPOJDB VOC
4XJOHMF $JUSVTNFEJDB
IBMGDBOEJFEGSVJU
$JUSVTNBSHBSJUB-PVS
/PUFF FUSPH DJUSPO $JUSVT NFEJDB - WBS FUISPH
'PSUVOFMMFNBSHBSJUB -PVS
4XJOHMF &OHM
JTVTFECZ+FXTBUUIF'FBTUPG5BCFSOBDMFT
#SUFMT#FOEFM#FSHFS
#PJT#PVSOPU
$BNQFSJFUBM$IFFST%BWJETPO%VEUTDIFOLPFU
$JUSVTNFEJDB-
BM%VHPEJ(JBDPNP)BOFMU)FQQFS)JMMFS
.FM[JH )PQQF ,VNBS
.FMDIJPS,BTUOFS
4ZOPOZNT$JUSVTDFESB-JOL$JUSVTDSBTTB)BTTL
$JU 1VSTHMPWF4DIOGFMEFS4DIVMU[F.PUFM4F
SVTGSBHSBOT4BMJTC
$JUSVTPEPSPUB3PVTTFM JEFNBOOD4FJEFNBOO4JFCFSU4IJWBFUBM4UBF
$PNNPO/BNFTDFESBU
DJUSPO
DJUSPO QFFM
TVDDBEF TDIF5VGFMFUBMFVTDIFS6QIPG7FSIFJK
$PSPOFM7JMMBNBSFUBM8JFSTFNB-FO;FWFOEF
"SBCJD HBSFT $IJOFTF LPVZBO
ITJBOH ZVBO
8FU
YJBOH%VUDIDFESBBU
TVLBEF'SFODIDESBU
D
ESBUJFSDJUSPOEF.FEJF(FSNBO;FESBU[JUSPOF
;JUSPOBU
;JUSPOBU[JUSPOF
;FEFSOGSVDIU )JOEJ
CBSB OJNCV
CJKBVSB
UVSBOK *OEJB HJMBN
NBI $JUSVTNFEJDB-WBSFUISPH&OHM
BMVOHB
NBIBQIBMB
LBEBSBOBSBUIBJ*UBMJBODFESP
GSVUUP
DFESBUP+BQBOFTFNVTBONBSV#VTIV $JUSVTNFEJDB-
LBO +BWBOFTF EKFSPPM CPEPOH .BMBZTJBO MJNBV
TVTV .FYJDP CJIVJJ OBZJ YUJMMB
QFIVJK OBZJ DBT
UJMMP 1PSUVHVFTF DJESB
DJESFJSB 3VTTJBO [JUSPO $JUSVTNFEJDB-WBSTBSDPEBDUZMJT /PPU
4QBOJTIDJESB
DJESP
QPODJMBJTPNNV 4XJOHMF
6TBHFTQJDF
BWPSJOH
1BSUT6TFEGSVJUQFFM 4ZOPOZNT$JUSVTTBSDPEBDUZMJT/PPU
%JTUSJCVUJPOPOMZ DVMUJWBUFE JO *UBMZ
(SFFDF
$PSTJDB
$PNNPO/BNFTA#VEEBITIBOE
OHFSDJUSPO$IJOFTF
64" $BMJGPSOJB
#SB[JMQPTTJCMFPSJHJOJO*OEJB GPTIPVLBO
TIVLBOO'SFODINBJOEF#PVEEIB
TBDSPEBDUZMF
DESBU EJHJU
(FSNBO (FOHFSUF
$*5364--FNPO
-JNF
0SBOHF3VUBDFBF
1BSUT6TFEQFFMFEGSVJU
%JTUSJCVUJPO4&"TJB
DVMUJWBUFEXPSMEXJEFJOUSPQJDBM
DPVOUSJFT
$JUSVTNFEJDBTTQMJNPOVN)PPL /PUFFUBOHFSJOFGSVJUIBTBTXFFU
GSFTIRVBMJUZ
$JUSVTMJNPO#VSN $IJTIPMN %VHPEJ (JBDPNP 'SFFCVSH FU BM
)BOFMU6QIPG;FWFOEF8FU
$JUSVTNZSUJGPMJB3BG
$JUSVTTBSDPEBDUZMJT/PPU
4ZOPOZNT$JUSVTBVSBOUJVN-WBSNZSUJGPMJVN 3BG
,FS(BXM $JUSVTNFEJDB-WBSTBSDPEBDUZMJT /PPU
4XJOHMF
$PNNPO/BNFTNZSUMF MFBG PSBOHF 'SFODI DIJOPJT
(FSNBO %VPSBOHF
.ZSUFOCMUUSJHF 1PNFSBO
[F*UBMJBODIJOPUUP4QBOJTIOBSBOKBNJSUJGPMJB $JUSVTTJOFOTJT -
0TCFDL
6TBHFBWPSJOH
1BSUT6TFEPXFS
GSVJUQFFM 4ZOPOZNT$JUSVTBVSBOUJVN-WBSTJOFOTJT-
%JTUSJCVUJPO $IJOB $PNNPO/BNFTPSBOHF
CMPPE PSBOHF
OBWFM PSBOHF
TXFFU PSBOHF
7BMFODJB PSBOHF "SBCJD CPSE
'BDDJPMB,MPDL HVFOF $IJOFTF DIFOH
UJBODIFOH %VUDI [PFUF
EKFSPFL 'SFODI PSBOHF EPVDF
PSBOHFS EPVY
QPNNFEPSBOHF(FSNBO"QGFMTJOF
#MVUPSBOHF
$JUSVTOPCJMJT-PVSWBSBNCMZDBSQB )BTTL
/BCFMPSBOHF
TF
0SBOHF )JOEJ NVTBNCJ
0DITFFU%F7SJFT OBSBOHJ *OEJB CBUUBWJOBSJOKB
LJUUJMF
TBUIBHVEJ
*UBMJBO BSBODJP EPMDF
PSBOHJP EPMDF ,PSFBO
$JUSVTBNCMZDBSQB )BTTL
0DITF LBNLZVMOBNV
MBOHHZVMOBNV .FYJDP ZBHB
OBSBYP1PSUVHVFTFMBSBOKBEPDF
MBSBOKFJSB3VT
TJBO BQFMTJOB QMPE
4QBOJTI OBSBOKB EVMDF
$JUSVTOPUJTTJNB#MBODP 7JFUOBNFTFDZDBN
6TBHFTQJDF QFFM
BWPSJOH QSPEVDU FTTFOUJBM PJM
$JUSVTBVSBOUJJGPMJB $ISJTUNFY1BO[
4XJOHMF QFFM
PXFSTOFSPMJPJM
TXFFUPSBOHFPJM
$JUSVTNFEJDB- #SUFMT #FOEFM #PVSOPU $BNQFSJ FU BM
$-"09:-0/"+VTT&VQIPSCJBDFBF
$IFFST %VEUTDIFOLP FU BM %VHP %VHPEJ (JB
DPNP)BOFMU)JMMFS.FM[JH)PGGNBOOFUBM
$-"64&/"#VSN
)PQQF,VNBS-FXJOHUPO-VOEFUBM.BU 3VUBDFBF
UIFXT.JOI5VFUBM.POEFMMPFUBM.PZMFS4UF
QIFOT1JOPFUBMC1PDIMKPCLJO
1TDIZSFN
$ CFM1VSTHMPWF3PUI,PS[NBOO4DIOGFMEFS
DIVMU[F.PUFM4FJEFNBOOD4FJEFNBOO4JFCFSU
4IBSNB5VGFMFUBM6QIPG7FSIFJK$PSPOFM
$MBVTFOBBOJTBUB)PPLFY#FOUI
$JUSVTWVMHBSJT3JTTP
$MBVTFOBBOJTVNPMFOT #MBODP
.FSS
$JUSVTBVSBOUJVN-
4ZOPOZNT$MBVTFOB MBYJPSB 2VJT FU .FS $MBVTFOB
TBOLJ 1FSS
.PMJOP$PPLJBBOJTVNPMFOT#MBODP
$-"09:-0/"+VTT $PNNPO/BNFT1JMJQJOP BOJT
LBZVNBOJT
EBO
&VQIPSCJBDFBF HMBJT
6TBHFDPOEJNFOU
BWPSJOHDJHBSFUUFTQSPEVDU
FTTFOUJBMPJM
TVCTUJUVUFGPSBOJTFPJM
$MBPYZMPOJOEJDVN 3FJOXFY#M
)BTTL 1BSUT6TFEMFBG
%JTUSJCVUJPO&OEFNJD UP UIF 1IJMJQQJOFT BOE #PSOFP
4ZOPOZNT$MBPYZMPOQPMPU.FSS
&SZUISPDIJMVTJOEJDVT BMMPWFSUIFBSDIJQFMBHPBMTPDVMUJWBUFE
JO$IJOB
3FJOXFY#M 5BJXBO
7JFUOBNBOE*OEPOFTJBTQPSBEJDBMMZDVM
$PNNPO/BNFT$BNCPEJBO DIIFUDI *OEPOF UJWBUFEJOHBSEFOT
TJBO CMFLFUVQVL
UBMJOHLVQ
LBUFSCJL .BMBZTJBO /PUFFFTTFOUJBMPJMTBSFVTFEGPSUIFQSFQBSBUJPOUIF
MBNQJO CVEBL
MBQJOH QVEBL
TJUBNQV BJ LIB 1IJMJQQJOFTESJOLA"OJTBEP
LBBJ
LIBOHOBNQIVOH
OHVOQIVOHLIBP
6TBHFTQJDF GPSTBVDFT
)BOFMU.PMJOP
0ZFO%VOH4DIVMU[F.PUFM
6QIPG
1BSUT6TFEZPVOHMFBG
%JTUSJCVUJPO*OEJB
UISPVHIPVU DPOUJOFOUBM 4& "TJB
BOE4$IJOB
.BMBZTJB
*OEPOFTJB
$MBVTFOBFYDBWBUB#VSNG
(V[NBO4JFNPOTNB0ZFO%VOH6QIPG
4ZOPOZNT$MBVTFOBQVODUBUB8JHIUFU"SC
$PNNPO/BNFTQJOLMJNFCFSSZ
)PMMZXPPEDMBVTFOB
$MBPYZMPOQPMPU.FSS $IJOFTF TIBO IVBOH QJ )JOEJ BHOJKBM
+BWBOFTF
CBHBM UJLVT
.BMBZTJBO TNFSV
QPLPL DIFSFL
$MBPYZMPOJOEJDVN 3FJOXFY#M
)BTTL QPLPLLNBOUVBJBGBO
7JFUOBNFTFHJJ
UJ
LVTBO
$-&0.&-4QJEFS'MPXFS$BQQBSBDFBF
6TBHFTQJDF $MBVTFOBMBYJGMPSB2VJTFU.FSS
1BSUT6TFEMFBG
%JTUSJCVUJPO*OEJB
$IJOB
MPXFS )JNBMBZBO SBOHFT $MBVTFOBBOJTVNPMFOT #MBODP
.FSS
BOEJO/&IJMMT
&"TJB
*OEPDIJOB
.BMBZTJB
/PUFF MFBWFT VTFE MJLF .VSSBZB LPFOJHJJ -
4QSFOHMFBWFT $MBVTFOBQVODUBUB8JHIUFU"SO
$
"SPSB1BOEFZ #VSLJMM )BOFMU 8FBMUI PG *OEJB
$MBVTFOBFYDBWBUB#VSNG
8JFSTFNB-FO
$MBVTFOBTBOLJ 1FSS
.PMJOP
$MBVTFOBJOBFRVBMJT %$
#FOUI
$MBVTFOBBOJTVNPMFOT #MBODP
.FSS
$MBVTFOBBOJTBUB)PPLFY#FOUI
$MBVTFOBXBNQJ #MBODP
0MJW
$MBVTFOBJOEJDB0MJW
$MBVTFOBMBOTJVN -PVS
4LFFMT
$PNNPO/BNFT*OEJBO DMBVTFOB (FSNBO *OEJTDIF
$MBVTFOJF
6TBHFBWPSJOHDVSSJFT $MBZUPOJBQFSGPMJBUB%POO
1BSUT6TFEMFBG
%JTUSJCVUJPO*OEJB8(IBUT .POUJBQFSGPMJBUB %POO
)PXFMM
"SPSB1BOEFZ8JFSTFNB-FO
$-&0.&-4QJEFS'MPXFS
$BQQBSBDFBF
$MBVTFOBMBOTJVN -PVS
4LFFMT
4ZOPOZNT$MBVTFOBXBNQJ #MBODP
0MJW $MFPNFHZOBOESB-
$PNNPO/BNFT$IJOFTF XBNQFF
XBNQJ $IJOFTF
IVBOH QJ HVB
XPOH QFJ
XPNH QB
XPOH QPJ 4ZOPOZNT$MFPNFQFOUBQIZMMB -
%$
(ZOBOESPQTJT
'SFODI WBNQJ (FSNBO $MBVTFOJFCMUUFS ,PSF HZOBOESB -
#SJR
(ZOBOESPQJTQFOUBQIZMMB -
BOIXBOHQIJOBNV.BMBZTJBOXBNQFF
XBNQJ
%$
XBNQPJ1JMJQJOPIVBNQJU
VBNQJHBMVNQJBJ $PNNPO/BNFT"GSJDBONVTUBSE
"GSJDBOTQJEFSPX
TPNNBGBJ7JFUOBNFTFIPOHCJ FS
CBTUBSENVTUBSE
DBUTXIJTLFST
LBSDBHHBHF
6TBHFTQJDFQSPEVDUFTTFOUJBMPJM TQJEFS IFSC
TQJEFS XJTQ "SBCJD BCV RBSV $IJ
1BSUT6TFEMFBG OFTFCBJIVBDBJ'SFODIGFVJMMFTDBZB
NP[BNC
%JTUSJCVUJPO4 $IJOB
*OEPDIJOB
XJEFMZ DVMUJWBUFE JO NPV[BNCF(FSNBO"GSJLBOJTDIF4QJOOFOQBO
USPQJDBM BOE TVCUSPQJDBM "TJB 1IJMJQQJOFT
7JFU [F
#BTUBSETFOG
,BU[FOTDIOVSCBSU
.BTTBSVCFF
OBN"VTUSBMJB
)BXBJJ
$VCB 4FOBQFS*OEJBIVMVM
IVSIVS
LBSBJMB+BQBOFTF
/PUFFFTTFOUJBMPJMJTBTVCTUJUVUFGPSBOJTFPJMF GDIT .BMBZTJBO NBOBN 1JMJQJOP BQVZ
OBNFPGUIFGSVJUJTXBNQJPSXBNQFF BQVZBO
CBMBCBMBOPZBO
UBOUBOEPL
LVMBZB1PSUV
HVFTFNVTTBNCDPSEFSPTB
NVTTBNCEFDJODP
$IFFST %BWJETPO &SIBSEU FU BM )BOFMU GPMIBT4QBOJTIDBZBNPV[BNCJ
WPMBUO
WPMBOUJO
4DIVMU[F.PUFM 6QIPG 7FSIFJK$PSPOFM 8FTU
DJMMPBJQIBLTJBO8FTU*OEJFTNBTTBSVCFF
QIBM+BOTFO8JFSTFNB-FO;FWFOEF8FU
6TBHFTQJDF
DPOEJNFOU JO(BCVO
QPUIFSC JO*O
EJB
/PUF(SPVOEBTNVTUBSE
$ "SPSB1BOEFZ#VSLJMM
%BWJETPO&SIBSEUFUBM
W ,PFOFO 0PNF(SVCCFO 4DIVMU[F.P
$OJDVTCFOFEJDUVT-
UFM4FJEFNBOOD4JFNPOTNB1JMVFL5VGFMFUBM
8JFSTFNB-FO;FWFOEF8FU
4ZOPOZNT$FOUBVSFBCFOFEJDUB -
-
$PNNPO/BNFTCMFTTFE UIJTUMF
IPMZ UIJTUMF 'SFODI
DIBSEPO COJU (FSNBO #FOFEJLUFOLSBVU
#JU
UFSEJTUFM
,BSEPCFOFEJLUFOLSBVU *UBMJBO DBSEP
$MFPNFNPOPQIZMMB- TBOUP
DOJDVT 1PSUVHVFTF DBSEP CFOUP 3VTTJBO
CFOFEJLU BQUFUTDIOZK
LBSEPCFOFEJLU CPMUTDIF[
$PNNPO/BNFTTJOHMFMFBWFDMFPNF
TQJOEMFQPE(FS CMBHPDMPCMFOOZK 4QBOJTI DBSEP CFOEJUP
DBSEP
NBO&JOCMUUSJHF4QJOOFOQBO[F TBOUP
6TBHFQPUIFSC CZUIF4BOUBMT
6TBHFTQJDF
BWPSJOHGPSMJRVFVSBOETQJSJUT
1BSUT6TFEMFBG 1BSUT6TFEIFSC
%JTUSJCVUJPO8"GSJDB4FOFHBM
/JHFSJBUSPQJDBM"TJB
%JTUSJCVUJPO4BOE48&VSPQF
$BVDBTVT
*SBO
$
8
FTQFDJBMMZ*OEJB "TJB
"GHIBOJTUBO
43VTTJB
3PNBOJB
/"GSJDB
$-*/010%*6.-$BMBNJOU
-BNJBDFBF -BCJBUBF
$/*%*6.$VTTFY+VTT
"QJBDFBF 6NCFMMJGFSBF
$MJOPQPEJVNWVMHBSF-TTQWVMHBSF
$OJEJVNDPOGFSUVN.PFODI
4ZOPOZNT$BMBNJOUIB DMJOPQPEJVN #FOUI
.FMJTTB
DMJOPQPEJVN#FOUI
.FMJTTBWVMHBSF5SFW $OJEJVNNPOOJFSJ -
$VTTFY+VTT
$PNNPO/BNFTDVTIJPO DBMBNJOU
EPH NJOU
CBTJM
XFFE
XJMECBTJM'SFODIDBMBNJOUDPNNVO
DMJOP
QPEF(FSNBO8JMEFS#BTJMJMLVN
8JMEF.FMJTTF
$OJEJVNNPOOJFSJ -
$VTTFY+VTT
8JSCFMEPTU
(FXIOMJDIF$MJOPQPEF
6TBHFBWPSJOH 4ZOPOZNT"UIBNBOUIBDIJOFOTJT-PVS
$OJEJVNDPO
1BSUT6TFEMFBG GFSUVN.PFODI
4FMJOVNNPOOJFSJ-
%JTUSJCVUJPO&VSPQF
$BVDBTVT
8
&4JCFSJB $PNNPO/BNFT$IJOFTFTIFDIVBOHU[V
HJOHTOH
UBIVJITJBOHUTBP
YTOH'SFODIDOJEF
JWDIF
&SIBSEUFUBM4NBMM6QIPG EF$IJOF(FSNBO.POOJFST#SFOOEPMEF+BQB
OFTFPLB[FSJ
6TBHFTQJDF
DPOEJNFOU JO7JFUOBN
1BSUT6TFEGSVJU
%JTUSJCVUJPO& "TJB & 4JCFSJB
.POHPMJB
,PSFB JO 4
$0%*"&6."+VTT$SPUPO&VQIPSCJBDFBF
&VSPQFUIFQMBOUHSPXTXJMEDVMUJWBUFEJOUIFGPS $PDIMFBSJBEBOJDB-
NFS4PWJFU6OJPO
$IJOB
/7JFUOBNBOE-BPT
$PNNPO/BNFT%BOJTI TDVSWZ HSBTT (FSNBO %O
)BOFMU4DIVMU[F.PUFM6QIPG JTDIFT-FMLSBVU
6TBHFQPUIFSC
1BSUT6TFEGSFTIMFBG
$
$0$$*/*"8JHIUFU"SO %JTUSJCVUJPO&VSPQF
FTQFDJBMMZ*CFSJBODPBTUT
$VDVSCJUBDFBF
&SIBSEUFUBM4NBMM
$PDDJOJBDPSEJGPMJB$PHO
$PDIMFBSJBPGGJDJOBMJT-
4ZOPOZNT$PDDJOJBHSBOEJT -
7PJHU
$PDDJOJBJOEJDB
8JHIUFU"SO $PNNPO/BNFT DPNNPO
TDVSWZ HSBTT
TDPSCVUF
$PNNPO/BNFTJWZ HPVSE $IJOFTF IPOH HVB (FS HSBTT
TQPPOXPSU#SB[JM 1PSUVHVFTF
DPDIMFSJB
NBO*OEJTDIF4DIBSMBDISBOLF)JOEJLVOESJ
UF 'SFODI DPDIMBJSF
DSBOTPO
IFSCF MB DVJMMFS
MBDVDIB.BMBZTJBO LBCBSFLJOEJ
QFQBTBOBJ IFSCFBVYDVJMMFST
IFSCFBVYTDPSCVU
SBJGPSUPG
UBNMVOH DJOBM (FSNBO #JUUFSLSFTTF
&DIUFT -FMLSBVU
6TBHFQPUIFSC QFOTJOTVMBS*OEJB
-FMLSFTTF
4DIBSCPDLTLSBVU
4LPSCVULSBVU
1BSUT6TFEUFOEFSTIPPUT *UBMJBODPDMFBSJB
FSCBDPDDIJBSB3VTTJBOHPSLJK
%JTUSJCVUJPOUSPQJDBM "TJB
USPQJDBM "GSJDB
"VTUSBMJB
LSFTT
MPTDIFUTDIOJL
XBSVDIB
NPSTLPK DBMBU
OBUJWFJOUSPQJDBM"NFSJDB 4QBOJTIDPDMFBSJB
IJFSCBEFMBTDVDIBSBT
6TBHFQPUIFSC
"SPSB1BOEFZ)BOFMU5VGFMFUBM8JFSTFNB-FO 1BSUT6TFEGSFTIMFBG
;FWFOEF8FU
%JTUSJCVUJPO&VSPQF
4JCFSJB
,BNDIBULB
/ +BQBO
TQPSBEJDBMMZDVMUJWBUFE
$PDDJOJBHSBOEJT -
7PJHU "JDIFMF4DIXFHMFS
#FSHFS
#JMHSJ"EBN
$IFFST&SIBSEUFUBM'MFJTDIIBVFS)BHFS
)BOFMU)FFHFS)JMMFS.FM[JH)PQQF1PDIM
$PDDJOJBDPSEJGPMJB$PHO
KPCLJO
1SVUIJ4DIOGFMEFS4DIVMU[F.PUFM
4FJEFNBOO D 4NBMM 5VGFM FU BM 5FVTDIFS
6QIPG7BOIBFMFO'BTUSF;FWFOEF8FU
$PDDJOJBJOEJDB8JHIUFU"SO
$PDDJOJBDPSEJGPMJB$PHO $PDIMFBSJBXBTBCJ4JFC
8BTBCJBKBQPOJDB .JR
.BUTVN
$0$)-&"3*"-4DVSWZHSBTT
#SBTTJDBDFB $SVDJGFSBF
$0%*"&6."+VTT$SPUPO
&VQIPSCJBDFBF
$PDIMFBSJBBSNPSBDJB-BN
"SNPSBDJBSVTUJDBO(BFSUOFU#.FZFU4DIFSC $PEJBFVNWBSJFHBUVN -
#M
4ZOPOZNT$SPUPOWBSJFHBUVN-
$PNNPO/BNFT#PNCBZ MBVSFM (FSNBO *OEJTDIFS
-PSCFFS
*OEJTDIFS8VOEFSTUSBVDI+BQBOFTFIFO
ZCPLV.BMBZTJBOQVEJOHNBTBJLPITPO
$0&-0$"3:0/8BSC.ZSJTUJDBDFBF
6TBHFTQJDF $0-0$"4*"4DIPUU5BSP
1BSUT6TFEZPVOHMFBG "SBDFBF
%JTUSJCVUJPO.PMVDDBT
*OEJB
BMTP DVMUJWBUFE JO UIF
USPQJDT
$ /PUFFQMBOUDPOUBJOTUPYJDBOEBMMFSHZQSPEVDJOH
DPNQPVOET 1IPSCPMFTUFST
$PMPDBTJBHJHBOUFB #MVNF
)PPL
#VSLJMM &SIBSEU FU BM
)BOFMU 0ZFO%VOH
8JFSTFNB-FO
$PFMPDBSZPOTQIBFSPDBSQVN'PVJMMPZ
$PNNPO/BNFT8JMEOVUNFH(FSNBO8JMEFS.VT
LBU $PMPDBTJBJOEJDBBVDUOPO -PVS
,VOUI
6TBHFTVCTUJUVUFGPSOVUNFH MPDBMMZ
$PMVSJBHFPJEFT 1BMM
-FEFC
$PMFVTBNCPJOJDVT-PVS
4ZOPOZNT$PMVSJBQPUFOUJMMPJEFT3#S(FVNMBYNBO
1MFDUSBOUIVTBNCPJOJDVT -PVS
4QSFOH OJ(BFSUO
(FVNQPUFOUJMMPJEFT"JU
$PNNPO/BNFT4JCFSJBO BWFOT
DMPWF SPPU
DMPWF PJM
QMBOU(FSNBO4JCJSJTDIF/FMLFOXVS[FM3VTTJBO
$PMFVTBSPNBUJDVT#FOUI LPMKVSJKBHSBWJMBUPWJEOBKB
6TBHFTQJDF
DPOEJNFOUGPSBMDPIPMJDCFWFSBHFTQSPE
1MFDUSBOUIVTBNCPJOJDVT -PVS
4QSFOH VDUFTTFOUJBMPJM
1BSUT6TFESPPU
%JTUSJCVUJPO"MUBJNPVOUBJOT8
&4JCFSJB
.POHPMJB
$PMFVTCBSCBSUVT "OES
#FOUI DVMUJWBUFEJO3VTTJBBOE6LSBJOF
/PUF FDPOUFOUPGUIFFTTFOUJBMPJMJTVQUP&V
1MFDUSBOUIVTCBSCBSUVT"OES HFOPM
%VEUTDIFOLPFUBM&SIBSEUFUBM)BOFMU4DIVMU[F
.PUFM4FJEFNBOOD
$PMVSJBQPUFOUJMMPJEFT3#S
$PMVSJBHFPJEFT 1BMM
-FEFC
$0/70-76-64-#JOEFXFFE$POWPMWVMBDFBF
"ZFOTV5FSSB
$PNNJQIPSBPQPCBMTBNVN -
&OHM
$0..*1)03"+BDR.ZSSI
#VSTFSBDFBF 4ZOPOZNT#BMTBNPEFOESPOHJMFBEFOTF,VOUI
$PNNPO/BNFTCBMN PG (JMFBE
CBMTBN USFF
.FDDB
NZSSI'SFODICBMTBNJFSEFMB.FDRVF(FSNBO
$PNNJQIPSBBCZTTJOJDB&OHM #BMTBNNZSSIF
.FLLB.ZSSIF
4F .ZSSIF
0QPQPOBY)BS[ *UBMJBO CBMTBNP EFMMB .FDDB
$PNNPO/BNFT"SBCJBO NZSSI (FSNBO "SBCJTDIF 5VSLJTICBMTBN.BLLBI
.ZSSIF
'BEIJ.ZSSIF
8FJISBVDI 6TBHFBWPSJOH
KPTTESVH
6TBHFTQJDF
BWPSJOH
KPTTESVH 1BSUT6TFEHVNNJSFTJO
1BSUT6TFEHVNNJSFTJO %JTUSJCVUJPO4VEBO
&UIJPQJB
4PNBMJB
"SBCJB
%JTUSJCVUJPO/&UIJPQJB
4"SBCJB /PUF'PSNFSMZ UImUI $FOUVSZ
DVMUJWBUFE JO
&HZQUBOE1BMFTUJOF
&SIBSEU )FQQFS )PQQF -PIT.BSUJOF[
4FJEFNBOO D 6QIPG 6TIFS 8TUFOGFME)BFOTFM &SIBSEUFUBM)BOFMU)PQQF1FUFST2EBO
4DIVMU[F.PUFM 6QIPG 6TIFS ;FWFOEF
8FU
$PNNJQIPSBNPMNPM &OHM
&OHM
$0/70-76-64-#JOEFXFFE
$PNNJQIPSBNZSSIB /FFT
&OHMWBSNPMNPM&OHM $POWPMWVMBDFBF
$PNNJQIPSBNVLVM )PPLFY4UPLFT
&OHM $POWPMWVMVTEJTTFDUVT+BDR
$PNNJQIPSBNZSSIB /FFT
&OHMWBSNPMNPM&OHM .FSSFNJBEJTTFDUB +BDR
)BMM
$PNNJQIPSBNZSSIB /FFT
&OHMWBS $POWPMWVMVTTDPQBSJVT-
NPMNPM&OHM
$PNNPO/BNFT$BOBSZ DPOWPMWVMVT (FSNBO ,BOB
4ZOPOZNT$PNNJQIPSB NPMNPM &OHM
&OHM
$PN SJTDIF #FTFO
8JOEF
NJQIPSBNVLVM )PPLFY4UPLFT
&OHM 6TBHFTQJDF BWPSJOH
QSPEVDUFTTFOUJBMPJM
$PNNPO/BNFT"GSJDBO NZSSI
4PNBMJ NZSSI
DPN 1BSUT6TFEXIPMFQMBOU
NPO NZSSI
IFSBCPM NZSSI
NZSSI
"SBCJD %JTUSJCVUJPO$BOBSZ*TMBOET 5FOFSJF
/PUF0FOVTFEBTTFBTPOJOHGPSPMJWFPJM $03*"/%36.-o$PSJBOEFS
"QJBDFBF 6NCFMMJGFSBF
&SIBSEUFUBM)PQQF0ZFO%VOH
$ $POZ[BSJQBSJB%$
$PSJBOESVNHMPCPTVN4BMJTC
$PSJBOESVNTBUJWVN-
#MVNFBDIJOFOTJT%$
$PSJBOESVNNBKVT(PVBO
$PPLJBBOJTVNPMFOT#MBODP
$PSJBOESVNTBUJWVN-
$MBVTFOBBOJTVNPMFOT #MBODP
.FSS
$PSJBOESVNTBUJWVN-
$03%:-*/&$PNNFY3#S$BCCBHF
5SFF%SBDBFOBDFBF "HBWBDFBF
4ZOPOZNT$PSJBOESVN NBKVT (PVBO $PSJBOESVN
HMPCPTVN4BMJTC
$PNNPO/BNFT'SVJU DPSJBOEFS
DPMMFOEFS "SBCJD
$PSEZMJOFGSVUJDPTB -
"$IFW LV[CBSB
UBCFM $IJOFTF ZVFO TBJ
ITJOH TVJ
IV
TVJ%VUDILPSJBOEFS'SFODIDPSJBOESF
QVOBJTF
$PSEZMJOFUFSNJOBMJT -
,VOUI NMF(FSNBO,PSJBOEFS
4DIXJOEFMLPSO
4UJOL
EJMM
8BO[FOEJMM
8BO[FOLNNFM)JOEJEIBOJB
EIBOZB*OEJBMFFMBEIBOB*OEPOFTJBOLFUVNCBS
$PSEZMJOFUFSNJOBMJT -
,VOUI *UBMJBO DPSJBOESP
DPSJBOEPMP +BQBOFTF LPFO
ESPSP
LTIJC +BWBOFTF UVNCBS ,PSFBO LPTV
4ZOPOZNT$PSEZMJOFGSVUJDPTB -
"$IFW .BMBZTJBO LKJOUBO
LFUVNCBS
QFOKJMBOH
XBOTVJ
$PNNPO/BNFTHPPE MVDL QMBOU
$IJOFTF SF MFBG
1PSUVHVFTF DPFOUSP 3VTTJBO DPSJBOES
LJTDI
QBMNMJMZ
)BXBJJBOHPPEMVDLQMBOU
USFFPGLJOHT OF[ 4BOTLSJU EIBOZBLB 4MPWFOJBO LPSJBOEFS
#SB[JM 1PSUVHVFTF
DSPUPO $IJOFTF ZB [IV OB 4QBOJTI DPSJBOESP
DJMBOESJP
DJMBOUSP
DVMBOUSP
%VUDIMJNJFTUSVJL(FSNBO&OETUOEJHF,FVMFO BJQIBLDIJ
QIBLIPN
QIBLIPNOPJ5VSLJTI
MJMJF
&OETUOEJHF ,PMCFOMJMJF )BXBJJBO LJ .B LJOJ7JFUOBNFTFOHP
MBZTJBOBOEPOH
EBVOKVBOH
KVBOH
KFOKVBOH
TFO -FBG $IJOFTF QBSTMFZ
.FYJDBO QBSTMFZ 'SFODI
KVBOH 1JMJQJOP UVOHLBEJ QBSJ 5BIJUJ BVUJ BJ QFSTJMBSBCF(FSNBO,PSJBOEFSCMUUFS
$JMBOUSP
NBBLQIVV
NBBLNJB *OEJB MFFMB EIBOB *OEPOFTJBO LFUVNCBS
EBVO
6TBHFQPUIFSC
BWPSJOH PGSJDF
LFUVNCBS.BMBZTJBOLFUVNCBS
EBVOLFUVNCBS
1BSUT6TFEZPVOHTIPPU 1JMJQJOP VOTVZ 3VTTJTI LJOTB
LPSJBOES
LJTDI
%JTUSJCVUJPO.BMBZTJB "SDIJQFMBHP
/ (VJOFB
*OEJB
OF[
LPMKBOESB
LJOETJLMPQPXOJL4BOTLSJUDIBUSB
*OEPOFTJB
0DFBOJB
/&"VTUSBMJB
/FX;FBMBOE
EIBOZBLB 4QBOJTI DJMBOUSP
DVMBOUSP BJ CBJ
1PMZOFTJB
)BXBJJ QBL
QIBLDIFF
/PUF%VSJOH UIF UI BOE FBSMZ UI $FOUVSZ
SPPUT 6TBHFTQJDF
QPUIFSC MFBWFT
QSPEVDU FTTFOUJBM PJM
XFSFGFSNFOUFEBOEEJTUJMMFEUPQSPEVDFTQJSJUT $PSJBOEFSPJM
1BSUT6TFEGSVJU
MFBG
#BSSBV#VSLJMM
%BWJETPO&OHMFS1IVNNBJ %JTUSJCVUJPO4&VSPQF
OBUJWF$
4"NFSJDB .FYJDP
&SIBSEUFUBM)BOFMU6QIPG;FWFOEF8FU
DVMUJWBUFE JO &HZQU
.PSPDDP
'SBODF
5VSLFZ
)VOHBSZ
(FSNBOZ
*UBMZ
6LSBJOF
$IJOB
*OEJB
*SBO
64"
/PUF 8JME VOLOPXO
CVU JU IBT XJEFMZ FTDBQFE DVM
UJWBUJPOBOEOBUVSBMJ[BUJPOJO4&VSPQFBOEFMTF
$04.04$BW$PTNPT
.FYJDBO"TUFS"TUFSBDFBF $PNQPTJUBF
4IBSNB4JFXFL4NBMM4UBFTDIF4UPZBOPWB
FUBM5BOJHVDIJFUBM5VGFMFUBM5FVTDIFS
5JOEBMM5BJOUFS(SFOJT5VDLFS6CJMMPT6QIPG
7JMMBNBSFUBM8ZLFUBM;FWFOEF8FU
$PSJBOESVNTBUJWVN-WBSNJDSPDFQIBMVN
$
$PNNPO/BNFT3VTTJBO DPSJBOEFS
XJME DPSJBOEFS
(FSNBO3VTTJTDIFS,PSJBOEFS
,MFJOLQHFS,P
SJBOEFS3VTTJBOKBOUBS
DPSJBOES
6TBHFTQJDF
1BSUT6TFEGSVJU
%JTUSJCVUJPO43VTTJB
UIF6LSBJOF
)FFHFS
$PSJEPUIZNVTDBQJUBUVT -
3DIC
ZNVTDBQJUBUVT -
)PNFU-JOL
-FOUJOVTFEPEFT #FSL
4JOH
XIFSF*O(FSNBOZUIFGSVJUTVTFEXJUIBOJTF
GFO
OFMBOEDBSBXBZGSVJUTBSFTPMEBTiCSFBETQJDFu*O $04.04$BW$PTNPT
.FYJDBO"TUFS
BJMBOEUIFSPPUT SBBLQBLDIFF
BSFVTFETJNJ "TUFSBDFBF $PNQPTJUBF
MBSMZUP1FUSPTFMJOVNSPPUT
$PTNPTTVMQIVSFVT$BW
$IFFST4DIVMU[F.PUFM8JFSTFNB-FO
$04564-$PTUBDFBF
;JOHJCFSBDFBF
$PTUVTBGFS,FS(BXM
$PTUVT[FSVNCFU1FST
$PTUVTTQFDJPTVT +(,OJH
4N
"MQJOJB[FSVNCFU 1FST
#-#VSUUFU3.4N
$PNNPO/BNFTDBOF SFFE
DSBQF HJOHFS
.BMBZTJBO
HJOHFS
XIJUFDPTUBT$IJOFTF[IBOHMJVUPV(FS
NBO 1SDIUJHF ,PTUXVS[
.BMBZJTDIFS *OHXFS
)JOEJLFV*OEPOFTJBOQBDJOH+BWBOFTFTUBUKJOH
.BMBZTJBOTFUBXBS
UBXBSUBXBS
UFCV4BOTLSJULF
NJLBBJLVTIUB
VFBOHQIFUNBB7JFUOBNFTF
DBUMPJ
DZDVDID
DDID
NJBEP
TFWPOB
6TBHFTQJDF
MJLFHJOHFS
$3"440$&1)"-6..PFODI"TUFSBDFBF $PNQPTJUBF
$056-"-#VUUPOXFFE $3".#&-,BMF
"TUFSBDFBF $PNQPTJUBF
#SBTTJDBDFBF $SVDJGFSBF
$PUVMBDJOFSFB%FM $SBNCFBSCPSFB8FCCFY$ISJTU
$
$PNNPO/BNFTBTICVUUPOT
BTIZDPUVMB'SFODIDPUVMF $PNNPO/BNFT(FSNBO#BVNGSNJHFS.FFSLPIM
HSJTDFOESF(FSNBO"TDIHSBVF-BVHFOCMVNF 6TBHFTQJDF
SBSFMZJOUIF$BOBSJFT
6TBHFDPOEJNFOU GSPNUIF5VBSFH
1BSUT6TFEMFBG
1BSUT6TFEIFSC %JTUSJCVUJPO$BOBSZ*TMBOET
%JTUSJCVUJPO8"GSJDB.BMJ
#SBNXFMM
#VSLJMM
$SBNCFDPSEBUB8JMME
$06-"#BJMM
0MFBDFBF $SBNCFDPSEJGPMJB4UFWFO
$PVMBFEVMJT#BJMM $SBNCFDPSEJGPMJB4UFWFO
%JTUSJCVUJPOUSPQJDBM"GSJDB 1BSUT6TFEZPVOHMFBG
%JTUSJCVUJPO/8)JNBMBZBT *OEJB
FOEFNJDPGUIF/
.BCCFSMZ6QIPG .BSHBSJOPGUIF$BVDBTVT
%JQUFSZYPEPSPUB "VCM
8JMME
$3"440$&1)"-6..PFODI
"TUFSBDFBF $PNQPTJUBF
$063#0/*"#SPOHO
$BQQBSJEBDFBF
$SBTTPDFQIBMVNSVCFOT +VTT
4.PPSF
$PVSCPOJBWJSHBUB#SPOHO $PNNPO/BNFT4JFSSB-FPOFLJLQPJ
6TBHFQPUIFSC GPSTBVDFTBOETPVQT
6TBHFTQJDF 1BSUT6TFEZPVOHQMBOUT
1BSUT6TFEQMBOUBTIGSPNTUFNTBOEMFBWFT %JTUSJCVUJPO8"GSJDB(IBOB
-JCFSJB
/JHFSB
4JFSSB
%JTUSJCVUJPOUSPQJDBM"GSJDB -FPOF
$3"5"&7"- $SBUBFWBSFMJHJPTBBVDUOPO('PSTU
$BQQBSBDFBF
$SBUFBWBBEBOTPOJJ%$
$ $SBUBFWBBEBOTPOJJ%$
$SBUBFWBUBQJB#VSN
4ZOPOZNT$SBUBFWBSFMJHJPTBBVDUOPO('PSTU
$PNNPO/BNFTUFNQMF QMBOU (FSNBO 5FNQFMQBO $SBUBFWBSFMJHJPTB('PSTU
[F
6TBHFTQJDF
QPUIFSC
1BSUT6TFEMFBG $SBUBFWBUBQJB-
%JTUSJCVUJPOUSPQJDBM "GSJDB (IBOB
.BMJ
/JHFS
6Q
QFS7PMUB$IJOB
&"TJB
*OEJB
*OEPDIJOB
.BMBZ $PNNPO/BNFTUBQJB GSVJU
QBZBHVB #SB[JM 1PS
TJB
DVMUJWBUFEFMTFXIFSF UVHVFTF
DBCBDFJSB
QBVEBMIP
UBQJ
USBQJ
(FSNBO ,OPCMBVDICJSOF
/BSBOKJMMF
1BZBHVB
#VSLJMM
$IPQSBFUBM&SIBSEUFUBM)BOFMU 5BQJBGSVDIU
6TBHFTQJDF
1BSUT6TFEGSVJU
$SBUBFWBNBSNBMPT- %JTUSJCVUJPOUSPQJDBM"NFSJDB
/PUFFGSVJUIBTBHBSMJDUBTUF
"FHMFNBSNBMPT -
$PSSBFY3PYC
$IPQSBFUBM)BOFMU-PSFO[J-DL.BOTGFME
.PSTFUBM4FJEFNBOOD4JFNPOTNB1JMVFL
7JMMBNBSBFUBM
$SBUBFWBSFMJHJPTB('PSTU
4ZOPOZNT$SBUBFWBUBQJB#VSN
$PNNPO/BNFTTBDSFEHBSMJDQFBS
TBDSFECBSNB
UFN $3*5).6.-4IBNQJSF
QMF USFF (FSNBO 4QJOOFOCBVN
5FNQFMCBVN "QJBDFBF 6NCFMMJGFSBF
1BSUT6TFEGSFTIMFBWFT
WFSZPDDBTJPOBMMZUIFGSVJU
$SBUBFWBSFMJHJPTB"JOTMJF %JTUSJCVUJPO&VSPQF*CFSJB
.BEBJSB
(SFFDF
'SBODF
,SJN
5VSLFZ
$BVDBTVT
8 "TJB
/ "GSJDB
$B
"FHMFNBSNFMPT -
$PSSBFU3PYC OBSJB*TMBOET
OBUJWF64"
/PUFFMFBWFTIBWFBCJUUFSTBMUZUBTUF
$30$64-$SPDVT*SJEBDFBF
EPSG4FJEFNBOOD
4UBFTDIF5FVTDIFS
6QIPGEF7PT
$SPDPTNJBYDSPDPTNJJGMPSB #VSCSJEHFFU
%FBO
/&#S
$
4ZOPOZNT$SPDPTNJB BVSFB Y $SPDPTNJB QPUUTJJ
5SJ
UPOJBYDSPDPTNJJPSB -FNPJOFFY&.PSS
/&
#S
$PNNPO/BNFTDBQF TBSPO
DSPDVT USJUPOJB
HBSEFO
NPOUCSFUJB(FSNBO(BSUFO.POUCSFUJF
'BDLFM
MJMJF
,BQTBGSBO
6TBHFTQJDF
TQPSBEJDBMUFSOBUJWFGPSTBSPO
1BSUT6TFEPXFS
%JTUSJCVUJPOPOMZDVMUJWBUFE
/PUFFIZCSJEPSJHJOBUFEJO'SBODF
$IFFST#BUUFO#PLFMNBOO&SIBSEUFUBM'FOXJDL
4FJEFNBOOD
EF7PT
$SBUBFWBUBQJB
GSVJUT
$SPDPYZMPODSPDFVN 5IVO
/3PCJOTPO
$BTTJOFDSPDFB VO
,VOU[F
#SUFMT #BTFS FU BM #PJT %BWJETPO
%VEUTDIFOLPFUBM&ISIBSEUFUBM'BNJOJFUBM
'SBOLF -DL ,BUTPVSJ FU BM [DBO FU BM
4DIVMU[F.PUFM 4DIXFODL/BVOEPSG 4FJEFNBOO $30$64-$SPDVT
D4FOBUPSFEF'FP5VGFMFUBM5VDLFS6Q *SJEBDFBF
IPG6TIFS;FWFOEF8FU
$SPDVTCJGMPSVT.JMM
$30$04.*"1MBODI.POUCSFUJB
5SJUPOJB*SJEBDFBF $PNNPO/BNFT4DPUDI DSPDVT (FSNBO 'SIMJOHT
,SPLVT
6TBHFGBMTJDBUJPOPGTBSPO TQPSBEJDBMMZ
$SPDPTNJBBVSFB 1BQQFFY)PPL
1MBODI 1BSUT6TFETUJHNBBOESFTUPGPXFST
%JTUSJCVUJPO&VSPQF
3VTTJB
5VSLFZ
$BVDBTVT
/*SBO
4ZOPOZNT5SJUJPOJBBVSFB )PPL
1MBODI /*SBR
$PNNPO/BNFTHPMEFO NPOCSFUJB
USJUPOJB (FSNBO
$SPDVT5SJUPOJF
(PMENPOUCSFUJF
,BQTBGSBO &SIBSEU FU BM )FQQFS .FMDIJPS,BTUOFS 4FJEF
NBOO4JFCFSU
6TBHFTQJDF
TQPSBEJDTVCTUJUVUFGPSTBSPO
1BSUT6TFEPXFS
%JTUSJCVUJPO&"GSJDB
4"GSJDB$BQSFHJPO
/BUBM
/PUFJTQMBOUJTGSFRVFOUMZDPMMFDUFEXJUI $SPDVTDBSUXSJHIUJBOVT)FSC
$SPDVTPGGJDJOBMJT.BSUZO
$SPDVTTBUJWVT-
$ $SPDVTTBUJWVT-
4ZOPOZNT$SPDVTPDJOBMJT.BSUZO
$PNNPO/BNFTTBSPO
4QBOJTI TBSPO"SBCJD BTB
GBS
LSVLV
TBBGBSBO [BBGSBSBO
[BGFSO$IJOFTF
GBO IVOH IVB
[BO IVOI IVB %VUDI TBSBBO
'SFODITBG G
SBO
DSPDVT(FSNBO4BGSBO
&DIUFS
4BGSBO )JOEJ LFTBS *OEPOFTJBO LVOZJU LFSJOH
*UBMJBO [BFSBOP
[BFSBOP EPNFTUJDB
[BSPOF
HBJBMMPOF +BQBOFTF TBGVSBO ,PSFBO TBQIVSBO
.BMBZTJBO TGBSO 1PSUVHVFTF BBGSP 3VTTJBO
TIBGSBO
TIBGSBO QPTFXOPK 4BOTLSJU LVOLVNB
4MPWFOJBOBGSBO4QBOJTIB[BGSOBJZBGBSBO
5VSLJTITBGSO
[BGFSO7JFUOBNFTFOHIF
6TBHFTQJDF
BWPSJOHBOEDPMPSJOH SJDF
TBVDFT
EZF
TUV
1BSUT6TFETUJHNB
%JTUSJCVUJPO.FEJUFSSBOFBO SFHJPO 4QBJO
'SBODF
4XJU[FSMBOE
*TSBFM DVMUJWBUFE
/ *OEJB
#SB[JM
$SPDPTNJBYDSPDPTNJGMPSB
GMPXFSJOH BOE/FX;FBMBOEPOMZDVMUJWBUFE
/PUF'SFRVFOUMZBEVMUFSBUFE5SBEFTPSUTA$PVQ
RVBMJUZXJUIPXFSSFTUT
A.BODIB SFTUPG
PXFSTmTUZMFT
A3JP SFTUPGPX
1BSUT6TFETUJHNB FSTmTUZMFT
A4JFSSB SFTUPGPXFST
%JTUSJCVUJPO.FEJUFSSBOFBO3FHJPO(SFFDF mTUZMFT
A.PMJEPQVMWFSJ[FEQSPEVDUPGBMM
TPSUT
)FQQFS/FHCJ4NBMM
"MPOTP FU BM
"OPO #SUFMT
#BTLFS/FHCJ
#FSHFS
#IBU#SPLFS #PJT
#PJTWFSU"VDBOUF#PJTWFSU)VCFSU#PXMFT
$SPDVTIBVTTLOFDIUJJ#PJTTFU3FVUFY#PJTT #VSLJMM
$IFFST$PSUJFUBM$SFDDIJP%BMCZ
%BTUVS%BWJETPO%IBSFUBM%VEUTDIFOLP
$PNNPO/BNFT)BVTLOFDIUTBSPO
XJMETBSPO(FS FUBM%VLFFUBM'BSSFMM'SFJCVSHMBVTFUBM
NBO)BVTLOFDIU4BGSBO (POTPFUBM(SFWFO)BOFMU)FQQFS)JMMFS
.FM[JH)JNFOP4BOP)PINBOOFUBM)PQQF
6TBHFTQJDF
JOTUFBEPGTBSPO
*OHSBN *404UBOEBSE -FVOH -FXJOHUPO
1BSUT6TFETUJHNB
.BEBOFUBM.BEBOFUBM.BUIFX.D(JNQTFZFU
%JTUSJCVUJPO*SBO )BNFEBO
,FSNBOTIBI
'BSTQSPW BM.FMDIJPS,BTUOFS.PSSJT.BDLMFZ.VOTIJFUBM
JODFT
ESZFMETBOESPDLZIJMMTJEFTPG8BOE4 /FHCJ/FHCJFUBM/*$1#1/PSNBO
BSFBT 0CFSEJFDL0NJECBJHJFUBM1BMNFS
1BSEP
FUBM1FUFS1FUFST1GOEFS8JUUNFS1GJTUFS
3BEKBCJBOFUBM FUBM1PDIMKPCLJO
1TDIZSFNCFM3BEKBCJBO
FUBM3PTFOHBSUFO4BNQBUIVFUBM4DIOGFMEFS
4DISEFS 4DIVMU[F.PUFM 4FJEFNBOO D
B 4FJEFNBOO4JFCFSU 4IBSNB 4IJWB FU BM
4NBMM4PVSFU8FBUIFST4UBFTDIF4USBVCJOHFSFU
BM5BNNBSP.BSSB5BSBOUBMJT1PMJTTJPV5VGFMFU
$3050/-$SPUPO&VQIPSCJBDFBF
BM5FVTDIFS5VDLFS6QIPG7BVQFMC $SPUPOFMVUFSJB -
4X
7PHU 8JFSTFNB-FO 8JOUFSIBMUFS4USBVCJOHFS
8TUFOGFME)BFOTFM 8ZL FU BM ;BNCPOJ FU BM $PNNPO/BNFTDBTDBSJMMB
DBTDBSJMMF(FSNBO4BMPTF
;BSFFOBFUBM;FWFOEF8FU
,BTLBSJMMF4QBOJTIDBTDBSJMMB
6TBHFTQJDFQSPEVDUFTTFOUJBMPJM*OUIFMJRVFVSBOE
UPCBDDPJOEVTUSJFT
$
$3050-"3*"-3BUUMFCPY 1BSUT6TFECBSL
'BCBDFBF -FHVNJOPTBF
%JTUSJCVUJPO8FTU *OEJFT
.FYJDP
$BSJCCFBO
.FTP
"NFSJDB
8
4"NFSJDB
$SPUPMBSJBHVBUFNBMFOTJT#FOUI #FSHFS
$IBSBMBNCPVT &SIBSEU FU BM )BOFMU
)JMMFS.FM[JH)PQQF4FJEFNBOOD4QBQJSP
'SBODFT5VGFMFUBM8PMUFST8TUFOGFME)BFOTFM
4ZOPOZNT$SPUPMBSJBDBSNJPMJ1PMBL
6TBHFQPUIFSC
1BSUT6TFEMFBG
ZPVOHCSBODIFT
%JTUSJCVUJPO1BOBNBUP.FYJDP
$"NFSJDB
$SPUPONVCBOHF.VFMM
6QIPG
6TBHFTQJDF
1BSUT6TFECBSL
$SPUPMBSJBMPOHJSPTUSBUB)PPLFU"SO %JTUSJCVUJPO$POHP
QPE(VBUBNBMBDBQJODIPQ4QBOJTIDIJQJM F
DIJQJMJEFDPNFSD
QBOBKBDIFM
6TBHFQPUIFSC $SPUPOOJWFVT+BDR
1BSUT6TFEMFBG
%JTUSJCVUJPO4 "NFSJDB (VBUBNBMB
.FYJDP
OBUJWF $SPUPODBTDBSJMMB#FOO
)BXBJJ
.PSUPO6QIPG $SPUPOWBSJFHBUVN-
$PEJBFVNWBSJFHBUVN -
#M
$3050/-$SPUPO
&VQIPSCJBDFBF
$SPUPO[BNCFTJDVT.MM"SH
$SPUPODBTDBSJMMB#FOO $PNNPO/BNFT&HZQUJBOXPPEUSFF
6TBHFTQJDF JOUIF"EBNBXBSFHJPOPG/JHFSJB
4ZOPOZNT$SPUPOOJWFVT+BDR 1BSUT6TFEGSVJU
$PNNPO/BNFTXJMESPTFNBSZ(FSNBO8JMEFS3PT %JTUSJCVUJPOUSPQJDBM"GSJDB
GSPNUIF(BNCJBUP4/J
NBSJO
,BTLBSJMMF 4QBOJTI DBTDBSJMMB EF $VCB
HFSJB
DBTDBSJMMBEF5SJOJEBE
6TBHFTQJDF
MJLFSPTFNBSZ
#VSLIJMM
1BSUT6TFECBSL
%JTUSJCVUJPO#BIBNBT
$SVDJGFSBGPOUBOB&)-,SBVTF
#FSHFS
&SIBSEUFUBM)BOFMU)JMMFS.FM[JH
)PQQF 0DIPB"MPOTP 4FJEFNBOO D7JMMBNBS FU
/BTUVSUJVNPDJOBMF3#S
BM
$3:150$"3*"3#S-BVSBDFBF
-FQJEJVNMBUJGPMJVN- $PNNPO/BNFTNBTTPZ(FSNBO.BTTPZ
6TBHFTQJDFQSPEVDUFTTFOUJBMPJM
$ $SVDJGFSBOBTUVSUJVN&)-,SBVTF
1BSUT6TFECBSL
%JTUSJCVUJPO.BMBZTJB
-FEQJEVNTBUJWVN- (V[NBO4JFNPOTNB8JFSTFNB-FO
$SZQIJPTQFSNVNSFQFOT1BM $SZQUPDBSJBNPTDIBUB/FFTFU.BSU
&OZESBVDUVBOT-PVS 4ZOPOZNT$SZQUPDBSJBBTDIFSTPOJB.F[
$PNNPO/BNFT#SB[JMJBOOVUNFH
4PVUI
"NFSJDBO
OVUNFH #SB[JM 1PSUVHVFTF
DBOFMB EF QPSDP
$3:150$"3*"3#S DBOFMB GPHP
DBOFMB QJNFOUB
DBOFMB QVSVSVDB
-BVSBDFBF OP[NPTDBEBEPCSBTJM(FSNBO"NFSJLBOJTDIF
.VTLBUOVTT
#SBTJMJBOJTDIF.VTLBUOVTT4QBOJTDI
NPTDBEPEP#SBTJM
$SZQUPDBSJBDBOFMMJMB)#, 6TBHFTQJDF
1BSUT6TFETFFE
"OJCBDBOFMMJMB )#,
.F[ %JTUSJCVUJPO4"NFSJDB#SB[JM
/PUF4VCTUJUVUFGPSOVUNFH
$SZQUPDBSJBBSPNBUJDB #FDD
,PTUFSN &SIBSEUFUBM)BHFS
-PSFO[J.PSTFUBM
3UTDI4FJEFNBOOD5FVTDIFS8BSCVSH
$3:1505"&/*"%$
$SZQUPDBSJBHVJBOFOTJT.FJTTO "QJBDFBF 6NCFMMJGFSBF
$PNNPO/BNFT#SB[JM 1PSUVHVFTF
DBTDBBDVDFOB
DPBYJD $SZQUPUBFOJBDBOBEFOTF -
%$
6TBHFBWPSJOH
1BSUT6TFEXPPE $PNNPO/BNFTIPOFXPSU
XJME DIFSWJM
XJME TUPOF
%JTUSJCVUJPO4"NFSJDB#SB[JM QBSTMFZ(FSNBO,BOBEJTDIF4UFJOQFUFSTJMJF
6TBHFQPUIFSC
,VNBS.PSTFUBM 1BSUT6TFEGSFTIMFBG
%JTUSJCVUJPO/"NFSJDB(FPSHJB
"MBCBNB
"SLBOTBT
$6/*-"3PZFOFY--BNJBDFBF -BCJBUBF
$VNJOVNPEPSVN4BMJTC
$VCFCBPGGJDJOBMJT3BGG $VNJOVNDZNJVN-
1JQFSDVCFCB-
$6/*-"3PZFOFY-
-BNJBDFBF -BCJBUBF
$6.*/6.-$BSBXBZ
"QJBDFBF 6NCFMMJGFSBF
$VOJMBPSJHBOPJEFT -
#SJUUPO
$VNJOVNDZNJOVN- 4ZOPOZNT4BUVSFKBPSJHBOPJEFT-
$PNNPO/BNFT"NFSJDBOEJUUBOZ
EJUUBOZ
GSPTUPXFS
4ZOPOZNT$VNJOVNPEPSVN4BMJTC
-JHVTUJDVNDVNJ GSPTU NJOU
.BSZMBOE EJUUBOZ
NPVOUBJO EJUUBOZ
OVN -
$SBOU[ TUPOF NJOU (FSNBO "NFSJLBOJTDIFS %JQUBN
$PNNPO/BNFTDVNJO
&HZQUJBO DBSBXBZ
3PNBO .BSZMBOE%JQUBN4UFJONJO[F
DBSBXBZ "SBCJD LBN N
PVO
LBNVO 'SFODI 6TBHFTQJDF
BTQJ[[BIFSC
DVNJO
DVNJOEFTQSTGBVYBOFUI
GBVYBOJT(FS 1BSUT6TFEIFSC
$63$6."-4BGGSPOSPPU;JOHJCFSBDFBF
$ $VOJMBQVMFHJPJEFT-
%JTUSJCVUJPO*OEJB
BMTPDVMUJWBUFE
/PUFFUFOEFSTIPPUTBSFFBUFOBTBWFHFUBCMF
)FEFPNBQVMFHJPJEFT -
1FST "SPSB1BOEFZ #PJT %VLF FU BM )BHFS
)BOFMU )JMMFS.FM[JH ,VNBS 1PDIMKPCLJO
4DIVMU[F.PUFM 4IJWB FU BM 5BP (VPEB
5VGFMFUBM5FVTDIFS;FWFOEF8FU
$VOJMBTQJDBUB#FOUI
$PNNPO/BNFT "NFSJDBO
TUPOF NJOU (FSNBO
"NFSJLBOJTDIF
4UFJONJO[F1PSUVHVFTFQPFKP $VSDVNBDBFTJB3PYC
6TBHFBWPSJOH
VTFTJNJMBSUPUIFPSFHBOPIFSC
1BSUT6TFEIFSC $PNNPO/BNFTCMBDL [FEPBSZ (FSNBO #MBVHSBVF
%JTUSJCVUJPO4 "NFSJDB #SB[JM 4P 1BVMP UP 3JP ,VSLVNB )JOEJ OBSLBDIVSB *OEJB LBMBIBMEJ
(SBOEF LBMJIBMJEJ
NBOVQBTVQB
6TBHFTQJDF SBSFMZ
#BSFOFUBM.BCCFSMZ.PSTFUBM5FVCOFS 1BSUT6TFEGSFTISIJ[PNF
7JMMBNBSFUBM
%JTUSJCVUJPO*OEJB#FOHBMJB
$IPQSBFUBM&SIBSEUFUBM)PQQF,VNBS
6QIPG8FBMUIPG*OEJB
$63$6."-4BGGSPOSPPU
;JOHJCFSBDFBF
$VSDVNBEPNFTUJDB7BMFUPO
$VSDVNBBNBEB3PYC
$VSDVNBMPOHB-
$PNNPO/BNFTNBOHP HJOHFS (FSNBO .BOHP*OH
XFS
#MPDL[JUXFS
(FMCFS;JUXFS*OEJBBBNIBMEJ
4BOTLSJULBSQVSBIBSJESB $VSDVNBMPOHB-
6TBHFTQJDF
1BSUT6TFESIJ[PN 4ZOPOZNT"NPNVNDVSDVNB+BDR
$VSDVNBEPNFT
%JTUSJCVUJPO*OEJB
1BLJTUBO
#BOHMBEFTI
BMTP DVMUJ UJDB7BMFUPO
$VSDVNBQVSQVSFTDFOT#M
WBUFE $PNNPO/BNFTUVSNFSJD
*OEJBO TBSPO
DVSDVNB
SIJ[PNF
ZFMMPXHJOHFS"SBCJDLVSLVN
[BOHBCFFM
"SPSB1BOEFZ )BOFMU 3BP FU BM 4DIVMU[F.P BTGFS$IJOFTFKJBOHIVBOH
ZVDIJO'SFODIDVSDV
UFM 4FJEFNBOO D 4IJWB FU BM 5VGFM FU BM
NB
DVSDVNBMPOHVF
TBGSBOEFT*OEFT
TPVDIFUEFT
5FVTDIFS6QIPG;FWFOEF8FU
*OEFT UFSSFNSJUF (FSNBO ,VSLVNB XVS[FM
(FMCXVS[FM
(JMCXVS[FM
4BGSBOXVS[ FM
(FMCFS
*OHXFS )JOEJ IBMEJ
IBMBEB *OEPOFTJBO LVOZJU
$VSDVNBBSPNBUJDB4BMJTC *UBMJBODVSDVNBMPOHB
[BFSBOPEFMMF*OEJF
SB
EJDF HJBMMF +BQBOFTF VLPO +BWBOFTF LVOJS ,P
$PNNPO/BNFT#PNCBZ PS *OEJBO "SSPXSPPU XJME SFBO VMHVN .BMBZTJBO LVOZJU 1JMJQJOP EJMBX
UVSNFSJD
ZFMMPX[FEPBSZ(FSNBO"SPNBUJTDIFS EVXBX
LBMBXBH1PSUVHVFTFBGSPEBOEJB
HFO
#MPDL[JUXFS
8JMEF (FMCXVS[
8JMEFS ,VSLVNB
HJCSFEPVSBEB3VTTJBOLVSLVNB
LVSLVNBEMJO
8S[JHF 4BGSBOXVS[ FM
)JOEJ KBOHMJIBMEJ *O OBKBTIFMUZKLPSFO4BOTLSJUIBSJESB
OJTB4MPWF
EJBLBTUVSJNBKBM
LBTUVSJQBTVQV
LBTUVSJBSJTIJOB OJBO LVSLVNB 4QBOJTI DSDVNB MBSHB
B[BGSO
$63$6."-4BGGSPOSPPU;JOHJCFSBDFBF
.FM[JH)PINBOOFUBM)PQQF*CSBIJNCJO+BO
UBOFUBM+BDRVBU+FOU[TDIFUBM,BSJH,BSM
,SJTIOBNVSUIZFUBM,VNBS
-BSTFOFU
BM-FVOH-FXJOHUPO-TJOHFUBM-VUPNTLJ
FU BM .BHEBO .BJTUSF .BMJOHS .BO[BO
FU BM .D$BSSPO FU BM C .FMDIJPS,BTUOFS .PS
SJT.BDLMFZ/BJSFUBM/BLBZBNBFUBM/PSNBO
1BOKB%F 1FUFS 1GFJGFS FU BM 1PDIMKPCLJO
$
1SVUIJ1TDIZSFNCFM3BLIVOEFFUBM
3BNQSBTBE4JSTJ 3PTFOHBSUFO 3PTT 3PUI
4BOBHJ"INBE 4DISEFS 4DIVMU[F.PUFM 4F
JEFNBOO D
4FJEFNBOO4JFCFSU 4FO FU BM
4IBIJ FU BM 4IBOLBSBDIBSZB/BUBSBKBO 4IBSNB
4JFXFL4NBMM4PQIFS4UBFTDIF5BP
(VPEB 5VGFM FU BM 5BZMPS.D%PXFMM 5FVGFM
5VSPWB FU BM 6IM 6QIPG :F MBZZVEIBO FU
BM 7FSHIFTF 8)0 8JOLMFS-VOBV 8POH
8TUFOGFME)BFOTFM8ZLFUBM:VTVGFUBM
;FWFOEF8FU
$VSDVNBNBOHHB7BMFUPOFU;KJQ
$VSDVNB[FEPBSJB $ISJTUN
3PTD
$VSDVNBMPOHB
GMPXFSJOH
$VSDVNBQBMMJEB-PVS
$VSDVNB[FEPBSJB $ISJTUN
3PTD
EFMB*OEJB
UVSNSJDP
[BGSONPMJEPBJLIB
NJO
LIBNJOLBFOH
LIBNJODIBO
LIFFNJO
NJO
UBBZBTBZB7JFUOBNFTFOHIFEFO $VSDVNBQJFSSFBOB(BHOFQ
6TBHFTQJDF
DPOEJNFOU iDVSSZ QPXEFSu
QSPEVDU
FTTFOUJBMPJM 6TBHFTQJDFQSPEVDUFTTFOUJBMPJM
1BSUT6TFESIJ[PNF 1BSUT6TFESIJ[PNF
%JTUSJCVUJPO4&USPQJDBM"TJB
OBUVSBMJ[FE *OEJB
BMTP %JTUSJCVUJPO"TJB*OEJB "TTBN
.BMBZTJB
DVMUJWBUFE
DVMUJWBUFE*OEJB
1BLJTUBO
4SJ-BOLB
BJMBOE
4 JO7JFUOBN
$IJOB
+BQBO
*OEPOFTJB
1IJMJQQJOFT
.BEBHBTDBS
3VOJPO
$BSJCCFBO*TMBOET+BNBJDB
)BJUJ /HVZFO9VBO%VOHFUBM6QIPG;FWFOEF8FU
/PUFF$VSDVNBMPOHBQPXEFSJTUIFNBJODPOTUJUV
FOUPGDVSSZQPXEFSFQPXEFSJTBMTPXSPOHMZ
TPME BT i4BSPOu QPXEFS
*O UIF .JEEMF "HFT $VSDVNBQVSQVSFTDFOT#M
UVSNFSJDXBTLOPXOBT$SPDVTJOEJDVTPS*OEJBO
TBSPO F DPSNFM BSF 3BEJY $VSDVNBF SPUVO $VSDVNBMPOHB-
EBF
$VSDVNBSPUVOEB- $VSDVNB[FSVNCFU3PYC
#PFTFOCFSHJBSPUVOEBUB -
.BOTG $VSDVNB[FEPBSJB $ISJTUN
3PTD
$ $VSDVNBYBOUIPSSJ[B3PYC $641"3*")VNCFY3#S
3VUBDFBF
$VSDVNB[FEPBSJB $ISJTUN
3PTD
$VTQBSJBGFCSJGVHB)VNCFY%$
$VSDVNB[FEPBSJB $ISJTUN
3PTD
4ZOPOZNT$VTQBSJBUSJGPMJBUB&OHM
(BMJQFBPDJOBMJT
4ZOPOZNT"NPNVN [FEPBSJB $ISJTUN
$VSDVNB )BODPDL
NBOHHB 7BMFUPO FU ;KJQ
$VSDVNB QBMMJEB -PVS
$PNNPO/BNFTBOHPTUVSB #SB[JM 1PSUVHVFTF
BNB
$VSDVNBYBOUIPSSIJ[B3PYC
$VSDVNB[FSVNCFU SFMJOIPEBTFSSB
BNBSFMP
BOHPTUVSB (FSNBO
3PYC "OHPTUVSB SJOEF
"SPSB1BOEFZ#PJT%BMCZ%BTUVS%VLFFU 6TBHFQPUIFSC
BM'BSSFMM)BHFS
)BOFMU)FSLMPUT
1BSUT6TFEMFBG
)JMMFS.FM[JH )PINBOO FU BM )PQQF *CSBIJN
CJO +BOUBO FU BM +FOU[TDI FU BM ,VNBS
%JTUSJCVUJPO*OEJB8
&1FOJOTVMBSFHJPO
,ZVOH *N ,JN FU BM -BSTFO FU BM .BJXBME4DIXBOUF
.BJTUSF.BMJOHS.BVFUBM.FMDIJPS,BTU "SPSB1BOEFZ,VNBS
OFS.PSSJT.BDLMFZ/PSNBO1PDIMKPCLJO
1TDIZSFNCFM3JNQMFSFUBM3PUI,PSNBOO
4DIVMU[F.PUFM4DIXBOUF4FJEFNBOOD4FOFUBM
4UBFTDIF5VGFMFUBM5FVTDIFS6IM
6QIPG8)08JOLMFS-VOBV8POH:VTVGFU
BM;FWFOEF8FU
$:.#010(0/4QSFOH-FNPOHSBTT1PBDFBF (SBNJOFBF
$:.#01&5"-6. %VOBM
#FOUI LP1PSUVHVFTFFSWBDJESFJSB4MPWFOJBOWPWFD
"OOPOBDFBF DJUSOPW 4QBOJTI QBTUP DFESO
QBTUP MJNO
TPOUPM
[BDBUFFMJNOBJDIBLISBJ
LISBJ
TPFU
LSPFJ7JFUOBNFTFDBZYB
TBDIBOI
YB
$ZNCPQFUBMVNDPTUBSJDFOTF %PO4NJUI
'SJFT
6TBHFTQJDF
QPUIFSC QSPEVDU FTTFOUJBM PJM MFNPO
HSBTTPJM'SFODIFTTFODFEFWFSXFJOFEF*OEFT
$
1BSUT6TFEMFBG HSBTT
$ZNCPQPHPOOBSEVT -
3FOEMFWBSDPOGFSUJPSVT
4UFVE
4UBQGFY#PS
$:.#010(0/4QSFOH-FNPOHSBTT
1PBDFBF (SBNJOFBF
$ZNCPQPHPOFYBMUBUVT%PNJO
$ZNCPQPHPODJUSBUVT %$
4UBQG $PNNPO/BNFT&BTU*OEJBMFNPOHSBTT(FSNBO0TU
JOEJTDIFT-FNPOHSBT
)PIFT-FNPOHSBT
4ZOPOZNT"OESPQPHPODJUSBUVT%$"OESPQPHPODJUSJ 6TBHFTQJDF
PEPSVN%FTG
"OESPQPHPOTDIPFOBOUIVT- 1BSUT6TFEGSFTIMFBG HSBTT
1BSUT6TFEMFBG HSBTT
#PFMFOT
#PS
#PVSOPU &SIBSEU FU %JTUSJCVUJPO/*OEJB
DVMUJWBUFE*OEJB
*OEPOFTJB
#SB
BM )BOFMU )FQQFS +BHBEJTIDIBOESB B
C
[JM
.BEBHBTDBS
;JNBCXF
4"GSJDB
,VMLBSOJ3BNFTI,VNBS.FMDIJPS,BTUOFS.PS
SJT.BDLMFZ.PFT3J[[JOJ0ZFO%VOH3BKFTXBSB
#PFMFOT $IBSBMBNCPVT &SIBSEU FU BM )BHFS
FUBM3PUI,PSNBOO4DIFODL/BVOEPSG4FJEF
)BOFMU)FQQFS+BHBEJTIDIBOESBB
C,VNBS
NBOOD4IBSNB4IJWBFUBM4JFXFL4NBMM
0ZFO%VOH3PUI,PSNBOO4BSUPSBUUP"VHVTUP
4PFOBSLP 4SJWBTUBWB FU BM 5VGFM FU BM
4IBSNB 4NBMM 4PFOBSLP 4SJWBTUBWB4BU
5FVTDIFS6QIPG;FWFOEF8FU
QVUF4SJWBTUBWBFUBM4NBMM5FVTDIFS6QIPG
8FBMUIPG*OEJB
;FWFOEF8FU
$ZNCPQPHPOHJHBOUFVT )PDITU
$IJPW
$ZNCPQPHPOOBSEVT -
3FOEMF
4ZOPOZNT"OESPQPHPOHJHBOUFVT)PDITU
$PNNPO/BNFTUTBVSJ HSBTT 'SFODI CFJHOFGBUB (FS $PNNPO/BNFTDJUSPOFMMB
$FZMPO DJUSPOFMMB
OBSE
NBO(SPFT-FNPOHSBT HSBTT'SFODIDJUSPOFMMF(FSNBO $FZMPO
;JUSP
6TBHFBWPSJOH QSPEVDU FTTFOUJBM PJM SJDI JO QIFM OFMMHSBT
-FOBCVUBHSBT+BQBOFTFLTVJHBZB1PS
MBOESJOF
UVHVFTFDJUSPOFMBEF+BWB4QBOJTI[BDBUFMFNO
1BSUT6TFEMFBG HSBTT
6TBHFTQJDF
BWPSJOHQSPEVDUFTTFOUJBMPJM DJUSPOFMM
%JTUSJCVUJPO8 "GSJDB 4FOFHBM
UIF (BNCJB
(VJOFB
PJM
$ZNCPQPHPOOBSEVT -
3FOEMFWBS %JTUSJCVUJPO4SJ -BOLB POMZ DVMUJWBUFE
FTQFDJBMMZ JO
DPOGFSUJGMPSVT 4UFVE
4UBQGFY#PS 4&$IJOBBOE4"NFSJDB(VBUBNBMB
/PUF+BWB DJUSPOFMMB PJM DPOUBJOT m HFSBOJPM
4ZOPOZNT"OESPQPHPODPOGFSUJPSVT4UFVE BCPVU DJUSPOFMMBM 4USBJOT XJUI B DJUSPOFMMBM
$PNNPO/BNFTDJUSPOFMMB
DJUSPOFMMF HSBTT
NBOOB
HSBTT (FSNBO %JDIUCMUUSJHFT ;JUSPOFMMHSBT
DPOUFOUPGIBWFCFFOTFMFDUFE
$
.BOOBHSBT #PFMFOT#PJT#PS
#PVSOPU$IBSBMBN
CPVT$IPQSBFUBM&SIBSEUFUBM)BHFS
6TBHFTQJDF
BWPSJOHQSPEVDUFTTFOUJBMPJM DJUSPOFM
)BOFMU)JMMFS.FM[JH+BHBEJTIDIBOESBB
C/BRWJ
MFPJM
FU BM /H 0ZFO%VOH 1TDIZSFNCFM 1VST
1BSUT6TFEMFBG HSBTT
HMPWF3PUI,PSNBOO4BIPP%FCBUB4FJEFNBOO
%JTUSJCVUJPO4*OEJB
4SJ-BOLB
BMTPDVMUJWBUFE D4IBSNB4IJWBFUBM4JOHFUBM4NBMM
4PFOBSLP4SJWBTUBWBFUBM5VGFMFUBM5FVTDIFS
)BOFMU +BHBEJTIDIBOESB B
C 1VSTHMPWF 4NBMM 8FBMUIPG*OEJB
;FWFOEF8FU
$ZNJOPTNBPEPSBUB%$
$ZNCPQPHPOTDIPFOBOUIVT -
4QSFOH
"DSPODIJBPEPSBUB -PVS
#BJMM
4ZOPOZNT"OESPQPHPOTDIPFOBOUIVT-
$PNNPO/BNFTDBNFMPSHFSBOJVNHSBTT'SFODIIFS
CBDIBNFBV
(FSNBO,BNFMHSBT4QBOJTIQBTUP $ZNPODIJBSFTJOPTB%$
EFDBNFMMPT
6TBHFTQJDF
BWPSJOHQSPEVDUFTTFOUJBMPJM "DSPODIJBQVEVDVMBUB M
.JR
1BSUT6TFEMFBG HSBTT
$IPQSBFUBM&SIBSEUFUBM)BOFMU)FQQFS (MFIOJBMJUUPSBMJT'4DINJEUFY.JR
+BHBEJTIDIBOESBC-FXJOHUPO.PSTFUBM6QIPG
$:/0.&53"-
'BCBDFBF -FHVNJOPTBF
$ZNCPQPHPOUSBWBODPSFOTJT#PS
$ZNCPQPHPOFYVPTVT 4UFVE
4UBQG TFF/PUF
$ZOPNFUSBDBVMJGMPSB-
.BIB1FOHJSJ(SBT
6TBHFTQJDF
BWPSJOHQSPEVDUFTTFOUJBMPJM +BWBDJ
USPOFMMPJM
1BSUT6TFEMFBG HSBTT
$:/0.03*6.- $:5*464%FTG
#BMBOPQIPSBDFBF $ZOPNPSJBDFBF
'BCBDFBF -FHVNJOPTBF
$ $ZOPNPSJVNDPDDJOFVN- $ZUJTVTTDPQBSJVT -
-JOL
$IFFST &SIBSEU FU BM )BHFS
)FFHFS
%"$3:%*6.-BNC3JNV )JMMFS.FM[JH )PQQF 4DIOGFMEFS 4FJEFNBOO
1PEPDBSQBDFBF D
%BDSZEJVNGSBOLMJOJJ)PPL %"6$64-$BSSPU
"QJBDFBF $SVDJGFSBF
$PNNPO/BNFT)VPOQJOF
.BDRVBSJFQJOF
6TBHFBWPSJOH QSPEVDU PG WBOJMMJO BOE IVPO QJOF
PJM %BVDVTDBSPUB-TTQTBUJWVT )PGGN
4DICM
1BSUT6TFEXPPE FU(.BSUFOT
%JTUSJCVUJPO"VTUSBMJB
/FX;FBMBOE
/FX$BMFEPOJB
.BMBZTJBO"SDIJQFMBHP
#PSOFP $PNNPO/BNFTHBSEFO DBSSPU
DBSSPU "SBCJD KB[BS
/PUFFXPPEIBTBIJHINFUIZMFVHFOPMDPOUFOU $IJOFTFIFTIJGFOH
IVMVPCP
ZFIMPQP%VUDI
QFFO'SFODIDBSPUUF
SBDJOFKBVOF(FSNBO(BS
.BCCFSMFZ6QIPG UFO.ISF
.ISF
.PISSCF
,BSPUUF
(FMCF
3CF *UBMJBO DBSPUB +BQBOFTF OJOKJO ,PSFBO
IPOHEBOHNVV .BMBZTJBO MPCBL NFSBI
LBSPU
%"1)/&-%BQIOF 1PSUVHVFTFDFOPVSB3VTTJBONPSLPWLVMUVSOBKB
5IZNFMBFBDFBF 4QBOJTI[BOBIPSJB
6TBHFTQJDFTVDDBEF
1BSUT6TFEUVSOJQSPPU
%BQIOFNF[FSFVN- %JTUSJCVUJPOPOMZDVMUJWBUFEXPSMEXJEF
/PUF4VCTUJUVUF GPS PSBOHBEF TVDDBEF t,BOEJOBU
$PNNPO/BNFT 'FCSVBSZ
EBQIOF
NF[FSFPO'SFODI .i
JOUIFGPSNFS(FSNBO%FNPDSBUJD3FQVCMJD
CPJTHFOUJM
CPJTKPMJ
EBQIONPSJMMPO
HBSPTBJO %%3
&(FSNBOZ
BFSFO[ZNBUJDUSFBUNFOU
CPJT (FSNBO #FSHQGFFS
(FNFJOFS 4FJEFMCBTU
,FMMFSIBMT *UBMJBO NF[FSFP DBNFMFB
MBVSFPMB "JDIFMF4DIXFHMFS
$IFFST%VEUTDIFOLPFUBM
)BOFMU ,BZT%JBT 4DIOGFMEFS 4DIVMU[F.PUFM
GFNNJOB3VTTJBOXPMUTDIKFMZLP4QBOJTIEBGOF
4FJEFNBOOD5VGFMFUBM8ZLFUBM;FWFO
MPSJHVJMMPNF[SFP
NF[FSFO
UPSWJEDP EF8FU
6TBHFTQJDF
1BSUT6TFEGSVJU
%JTUSJCVUJPO&VSPQF
8"TJB
$BOBEBDVMUJWBUFEBTBO
PSOBNFOUBMQMBOU %BVDVTWJTOBHB-
/PUF 4QPSBEJDBMMZ B TVCTUJUVUF GPS QFQQFS XIFO OPU
BWBJMBCMF"MMQBSUTPGUIFQMBOUBSFQPJTPOPVT "NNJWJTOBHB -
-BN
4QSJOHFS7FSMBH#FSMJO)FJEFMCFSH
%&$"-&1*48JHIUFU"SO"TDMFQJBEBDFBF
%&$"-&1*48JHIUFU"SO %&/%30#*6.4X
"TDMFQJBEBDFBF 0SDIJEBDFBF
% $PNNPO/BNFTNBIBMJLJ[IBOHV
6TBHFTQJDF JO*OEJBGPSNFBU
BOEDPOEJNFOU
4ZOPOZNT%FOESPCJVN HFNFMMVN 3JEMFZ
(SBTUJEJVN
TBMBDDFOTF#M
1BSUT6TFESPPU 6TBHFTFBTPOJOHPGSJDF
%JTUSJCVUJPO&*OEJB
%FDDBO1FOJOTVMB 1BSUT6TFEMFBG
/PUFFBSPNBUJDSPPUTBMTPQJDLMFEXJUIMJNF %JTUSJCVUJPOUSPQJDBM "TJB
FTQFDJBMMZ .BMBZBO 1FOJO
TVMB
"SPSB1BOEFZ /BHBSBKBO3BP 1IBELF FU BM
4FJEFNBOOD5IBOHBEVSBJFUBM 0ZFO%VOH6QIPG
%&$"41&3.6.'PSTUFU'PSTUG %FOESPMPCJVNHFNFMMVN3JEMFZ
.ZSUBDFBF
%FOESPMPCJVNTBMBDDFOTF #M
-JOEM
%FDBTQFSNVNGSVUJDPTVN'PSTU
%&//&55*"&(#BLFS
4ZOPOZNT/FMJUSJTQBOJDVMBUB-JOEM
1TJEJVNEFDBTQFS "OOPOBDFBF
NVN-G
$PNNPO/BNFTTISVCCZ EFDBTQFSNVN
UBJMPS USFF
.BMBZTJBOOBTUVLB
UVLBCFOBOH
UVLBJCFOBJ %FOOFUUJBUSJQFUBMB#BLFSG
6TBHFDPOEJNFOU +BWB
1BSUT6TFEUFSNJOBMTIPPUT $PNNPO/BNFTQFQQFSGSVJU
%JTUSJCVUJPOUSPQJDBM"TJBUP"VTUSBMJBBOE1PMZOFTJB 6TBHFTQJDF
1BSUT6TFEZPVOHMFBG
GSVJU
6QIPG %JTUSJCVUJPO8"GSJDB*WPSZ$PBTU
/JHFSJB
/PUFFGSVJUTIBWFBQFQQFSZTQJDFUBTUF
(FOUJBOBDFBF
%&41-"54*"#PDRVJMMPO
%FJBOJSBOFSWPTB$IBNFU4DIMFDIU 5JMJBDFBF
4ZOPOZNT$BMMPQTJNBBNQMFYJGPMJVN.BSU
$PNNPO/BNFT(FSNBO %FJBOJSBLSBVU #SB[JM 1PS %FTQMBUTJBEFXFWSFJ EF8JMEFU%VSBOE
UVHVFTF
BOHFMJDBCSBWPEPNBUUP #VSSFU
6TBHFTQJDFQSPEVDUGPSCJUUFSMJRVFVST
1BSUT6TFEIFSC $PNNPO/BNFT(FSNBO%FTQMBUTJBGSVDIU
%JTUSJCVUJPO#SB[JM
BMTPDVMUJWBUFE 6TBHFTQJDFGPSTBVDFT
1BSUT6TFEGSVJUTMJNF
'SFJTF)BOFMU4DIVMU[F.PUFM %JTUSJCVUJPOUSPQJDBM 8 "GSJDB $FOUSBM "GSJDBO 3F
QVCMJD
/JHFSJB
%*$&3"/%3"#FOUI'MPSJEBNJOUT
%JDFSBOESB#BMN-BNJBDFBF -BCJBUBF
%JBOUIVTDBSZPQIZMMVT-
%JBMZBOUIFSBPUPCB )FU#
8BSC
.ZSJTUJDBPUPCB)FU# %*$&3"/%3"#FOUI'MPSJEBNJOUT
%JDFSBOESB#BMN-BNJBDFBF -BCJBUBF
%
%*"/5)64-
$BSZPQIZMMBDFBF %JDFSBOESBDISJTUNBOOJJ)VDLFU+VEE
6TBHFBWPSJOHQSPEVDUFTTFOUJBMPJM
%JBOUIVTDBSZPQIZMMVT- 1BSUT6TFEMFBG
%JTUSJCVUJPO464"
4ZOPOZNT%JBOUIVTDPSPOBSJVT-BN
$PNNPO/BNFTDBSOBUJPO
DMPWF QJOL
HJMMZ PXFS .D$PSNJDLFUBM
$PNNPO/BNFTDBSOBUJPOBOOVBMQJOL
$IJOFTFQJOL
*OEJBO QJOL $IJOFTF RV NBJ 'SFODI PFJMMFU EF
$IJOF(FSNBO$IJOFTJTDIF/FMLF
,BJTFS/FMLF %JDFSBOESBJNNBDVMBUF-BLFMB
+BQBOFTF LBSB OBEFTIJLF ,PSFBO QIBFSBFOHJL
LPU3VTTJBOHWP[EJLB 6TBHFBWPSJOHQSPEVDUFTTFOUJBMPJM
6TBHFBWPSJOH 1BSUT6TFEMFBG
1BSUT6TFEPXFS %JTUSJCVUJPO464"
%JTUSJCVUJPO&$IJOB
,PSFBJO*OEJBBOE,PSFBDVM
UJWBUFE .D$PSNJDLFUBM
$IFFST$IPQSB'MFJTDIIBVFS)BOFMU)JMMFS
.FM[JH /*$1#1 3PUI,PSNBOO 4DIVMU[F.PUFM
%*$5"./64-%JUUBOZ3VUBDFBF
%*$5"./64-%JUUBOZ 1BSUT6TFECBSL
3VUBDFBF %JTUSJCVUJPOUSPQJDBM"NFSJDB
/PUFF SPPU XBT EJTDPWFSFE JO CZ (P[PMB
1J[BSSPJOUIF6QQFS"NB[POBTBSFB
%JDUBNOVTBMCVT-
#PJT &SIBSEU FU BM )BHFS
)JMMFS.FM[JH
% 4ZOPOZNT%JDUBNOVTHZNOPTUZMJT4UFWFO
$PNNPO/BNFTCVSOJOHCVTI
EJUUBOZ
EJUUBOEFS$IJ
)PQQF ,VNBS .PST FU BM 4FJEFNBOO D
4FJEFNBOO4JFCFSU 4UBFTDIF 5FVTDIFS 6QIPG
OFTFCBJYJBOQJ'SFODIEJDUBNFCMBODIFSCFBVY
DMBJST(FSNBO#SFOOFOEFS#VTDI
'MBNNFOEFS
#VTDI
%JQUBN
)FYFOLSBVU
1GFFSLSBVU
4QFDIU
XVS[FM
8FJFS %JQUBN *UBMJBO EJUUBNP CJBODP %*(&3"'PSTTL
3VTTJBOKBTFOF[ "NBSBOUIBDFBF
6TBHFBWPSJOHBOECJUUFS TQPSBEJDBMMZGPSBMDPIPMJD
CFWFSBHF
1BSUT6TFESPPU %JHFSBBMUFSOJGPMJB"TDI
%JTUSJCVUJPO&
&$&VSPQF
*CFSJBO1FOJOTVMB
(FSNB
OZ
UIF#BMLBOT %JHFSBNVSJDBUB -
.BSU
%JDUBNOVTDSFUJDVT+)JMM %JHFSBNVSJDBUB -
.BSU
%JDZQFMMJVNDBSZPQIZMMBUVN/FFT
%*--&/*"-
$PNNPO/BNFTDMPWF CBSL
QJOLXPPE CBSL #SB[JM %JMMFOJBDFBF
1PSUVHVFTF
DBOFMFJSBDSBWP
DSBWFJSPEPNBSBO
IBP
DSBWPEPNBUP
DSBWJOIP
MPVSPDIFJSPTB
MPVSPDSBWP
QBVDSBWP'SFODIDBOOFMJFSHJSPF %JMMFOJBJOEJDB-
(FSNBO /FMLFO[JNU
4DIXBS[FS ;JNU 3VTTJBO
LPSJ[BHWPTEJUTDIOBKB $PNNPO/BNFTDIBMUB USFF
FMFQIBOU BQQMF (FSNBO
6TBHFTQJDF
MJLF DJOOBNPO PS HMPWF CBSL BWPSJOH $IBMUIBGSVDIU
&MFQIBOUFOBQGFM )JOEJ DIBMUB
QSPEVDUFTTFOUJBMPJM DJOBS
IPOEBQBSB
PVUFOHB
LBSBNCFM *OEPOF
%*15&3:94DISFC5POLB#FBO'BCBDFBF -FHVNJOPTBF
%JPTNBPEPSBUB 8FOEM
%$
#BSPTNBDSFOVMBUB 5PSOFS
)PPL
%*1-05"9*4%$8BMMSPDLFU
#SBTTJDBDFBF $SVDJGFSBF
%
%JQMPUBYJTUFOVJGPMJB -
%$
$PNNPO/BNFT-JODPMOTXFFE
TBOESPDLFU(FSNBO
4DINBMCMUUJHFS%PQQFMTBNF
%PQQFMSBVLF
"VT
EBVFSOEF3VDPMB
6TBHFQPUIFSC MPDBMMZ
1BSUT6TFEMFBG
%JTUSJCVUJPO&VSPQF
"JDIFMF4DIXFHMFS &SIBSEU5VGFMFUBM
%*15&3:94DISFC5POLB#FBO
%JMMFOJBJOEJDB
GSVJUJOH 'BCBDFBF -FHVNJOPTBF
%JQUFSZYPEPSPUB "VCM
8JMME
TJBO TBJNQPM +BQBOFTF CJXB NPEPLJ +BWBOFTF
TJNQPI
DIJNQVI.BMBZTJBODIJNQPI
*OEJBO
4ZOPOZNT#BSZPTNBMPOHB(BFSUO
$PVNBSPVOBPEP
TJNQPI1JMJQJOPLBUNPO1PSUVHVFTFGSVMBFTUSF SBUF"VCM
MBBJMBOENBUBBU7JFUOBNFTFT $PNNPO/BNFTUPOLB
UPOLBCFBO#SB[JM 1PSUVHVFTF
6TBHFBWPSJOH BDJEJDUBTUJOHGPSDVSSJFTBOEKFMMJFT
DVNBSV
DVNBSVBNBSFMP
DVNBSVEPBNB[POBT
1BSUT6TFEGSVJUQVMQ DVNBSVSBOB
DVNCBSV
GWFT UPOLB
NVJNBQBH
%JTUSJCVUJPO*OEJB
4SJ-BOLB
*OEPDIJOB
.BMBZTJB
8 'SFODI DPVNBSPVOB
GWF EF 5POLB
UPORVJO
"GSJDB$BNFSPPO
(IBOB
/JHFSJB
4JFSSB-FPOF (FSNBO5POLBCPIOF3VTTJBOEJQUFSJLT
/PUFFGSVJUTIPVMEOPUCFDPOGVTFEXJUIUIFGSVJU 6TBHFTQJDF
TVCTUJUVUF GPS WBOJMMB BWPSJOH PG TOV
PG'FSOPOJBMJNPOJB -
4XJOHMFUIFMFBWFTIBWF BOEMJRVFVSTQSPEVDUDPVNBSJO
UIFBSPNBPGBOJTFTFFET 1BSUT6TFETFFE
%JTUSJCVUJPO/#SB[JM
7FOF[VFMB
.BMBZB
(VZBOB
4V
#PJT#VSLJMM
$IFFST%BTUVS&OHFM SJOBN
1IVNNBJ&SIBSEUFUBM)BOFMU)PPHMBOE
/PUF 4FFEJTTUSPOHMZCJUUFS
UIFPEPSTUSPOHBFSDPV
,PUUFHPEB,VNBS-DL4DIFODL/BVOEPSG
4DIVMU[F.PUFM4UPSST5VGFMFUBM6QIPG
NBSJOUIFDPVNBSJOJTBDBSDJOPHFOJDTVCTUBODF
8FBMUIPG*OEJB
8JFSTFNB-FO BOEJTGPSCJEEFOJOGPPETJONBOZDPVOUSJFTF
VTF PG OBUVSBM DPVNBSJO JO GPPE XBT CBOOFE JO
UIF 64" BOE PUIFS DPVOUSJFT FH (FSNBOZ
JO
%JPTNBGSBHSBOT4JNT
"EFOBOESBGSBHSBOT 4JNT
3PFNFU4DIVMU #PJTWFSU)VCFSU%BWJETPO%VLFFUBM&IMFSTFUBM
&SIBSEUFUBM(V[NBO4JFNPOTNB)BOFMU
)BZBTIJ5IPNQTPO)PQQF,VNBS-PSFO[J
%*4405*4#FOUI.FMBTUPNBUBDFBF
%*4405*4#FOUI
.FMBTUPNBUBDFBF
%JTTPUJTQMVNPTB %%PO
)PPLG
% 4ZOPOZNT%JTTPUJTSPUVOEJGPMJB 4N
5SJBOB
$PNNPO/BNFTSPDLSPTF(FSNBO'FMTFOSPTF
6TBHFTQJDFGPSTBVDFT
QPUIFSC
1BSUT6TFEMFBG
%JTUSJCVUJPO$ BOE 8 "GSJDB 4JFSSB -FPOF UP ;BJSF
$BNFSPPO
-JCFSJB
"ZFOTV&SIBSEUFUBM/FVXJOHFS
%JTTPUJTSPUVOEJGPMJB 4N
)PPLG
%JTTPUJTQMVNPTB %%PO
)PPL
%JUUSJDIJBWJTDPTB -
(SFVU
%JQUFSZYPEPSBUB
TFFET
*OVMBWJTDPTB -
"JU
%0345&/*"-
%JQUFSZYPQQPTJUJGPMJB "VCM
8JMME .PSBDFBF
5BSBMFBPQQPTJUJGPMJB"VCM
%PSTUFOJBDPOUSBKFSWB-
%JQUFSZYQVODUBUB #MBLF
"NTIPGG 4ZOPOZNT%PSTUFOJBIPVTUPOJJ-
%PSTUFOJBNBDVMBUB
-FN
%PSTUFOJBRVBESBOHVMBSJT4UPLFT
$PNNPO/BNFTQPJOUFE UPOLB (FSNBO 1VOLUJFSUF $PNNPO/BNFT5PSOT IFSC
TBOLF XPPE 'SFODI
5POLBCPIOF IFSCF BVY TFSQFOUT
SBDJOF EF DIBSDIJT (FSNBO
6TBHFTQJDF
MJLFUPOLBCFBO %PSTUFOJF
4DIMBOHFOXVS[ .FYJDP CBSCBEJMMB
1BSUT6TFETFFE 4QBOJTI DPOUSB IJFSCB
DPOUSB EF KPSCB
DPOUSB
%JTUSJCVUJPO/PSUIFSO4"NFSJDB7FOF[VFMB
$PMVN KFSCB
CJB
$BSJCCFBO 6TBHFBWPSJOH
1BSUT6TFEMFBG
SIJ[PNF
)BOFMU ,VNBS 1VSTHMPWF 4DIVMU[F.PUFM %JTUSJCVUJPO#SB[JM
4.FYJDP
8FTU*OEJFT
"GSJDB+BWB
4FJEFNBOOD
.BMBDDBTBOEJO"GSJDBBOE4"NFSJDBDVMUJWBUFE
MPDBMMZ
%3"$0$&1)"-6.-%T)FBE-BNJBDFBF -BCJBUBF
/PUFFMFBWFTBOESIJ[PNFQPXEFSBSFVTFEGPSJN %3"$0$&1)"-6.-%T)FBE
QSPWJOHUIFUBTUFPGDJHBSFUUFUPCBDDP -BNJBDFBF -BCJBUBF
#VSLIJMM)BOFMU4DIVMU[F.PUFM
%SBDPDFQIBMVNJCFSJDVN#JFC
1BSUT6TFEMFBG
%JTUSJCVUJPO"TJB.JOPS
$BVDBTVT
.FTPQPUBNJB
4ZS
%PSTUFOJBNBDVMBUB-FN JB
1BMFTUJOF
%PSTUFOJBDPOUSBKFSWB- 6QIPG
%PSTUFOJBPQJGFSB.BSU %SBDPDFQIBMVNNFYJDBOVN)#,
$PNNPO/BNFT#SB[JM 1PSUVHVFTF
DBBQJ "HBTUBDIFNFYJDBOB ,VOUI
-JOUFU&QMJOH
6TBHFBWPSJOHPGUPCBDDP
1BSUT6TFESIJ[PNF
%JTUSJCVUJPO4"NFSJDB#SB[JM %SBDPDFQIBMVNNPMEBWJDB-
1BSUT6TFEMFBG
IFSC
%PSZTUBFDIVTIBTUBUB#PJTTFU)FMESFY#FOUI %JTUSJCVUJPO&&VSPQF
FTQFDJBMMZ.PMEBWJB
$"MQT
4
4JCFSJBUP3VTTJBO'BS&BTU
48"TJB
/8$IJOB
$PNNPO/BNFT5VSLJTIMBWFOEFS(FSNBO5SLJTDI
FS-BWFOEFM #UUDIFS(OUIFS #PJT %VEUTDIFOLP FU BM &S
IBSEU FU BM )BMT[;FMFOJL FU BM )BOFMU )JMMFS
6TBHFBWPSJOHQSPEVDUFTTFOUJBMPJM
.FM[JH)PMNFUBMB
C,BLBTZFUBM.JLVT4DIBTFS
1BSUT6TFEIFSC 1BOLFUBM1PDIMKPCLJO
1PWJMBJUZUF7FOTLV
%JTUSJCVUJPO5VSLFZ"OUBMZB8"TJB UPOJT1PWJMBJUZUFFUBM3PUI,PSNBOO4DIVMU[F
.PUFM4FJEFNBOOD4FJEFNBOO4JFCFSU5VGFMFU
#BFS[USL.FSJJMJ.FSJMJ BM5FVTDIFS8FBMUIPG*OEJB
%3"$0/50.&-0/#M"OBDBSEJBDFB
% 4ZOPOZNT%SBDPOUPNFMPONBOHJGFSVN #MBODP
.FSS
FU3PMGF%SBDPOUPNFMPOTZMWFTUSF#M
&SIBSEU FU BM .BCCFSMFZ 3FBE.FOBSZ 6QIPG
8JFSTFNB-FO
%SBDBOUPNFMPOEBP #MBODP
.FSSFU3PMGF
%3:1&5&47BIM
%3*.:4+3'PSTUFU('PSTU8JOUFST &VQIPSCJBDFBF
#BSL8JOUFSBDFBF .BHOPMJBDFBF
%SZQFUFTBVCSFWJMMFJ-BOESJ
%SJNZTBSPNBUJDB'W.VFMM
$PNNPO/BNFTQFQQFSCBSL
QFQQFSTUJDL
TUJOHQFQ
%SJNZTMBODFPMBUB 1PJS
#BJMM QFS(FSNBO1GFFSSJOEF
6TBHFTQJDF SBSFMZ
1BSUT6TFECBSL
%SJNZTMBODFPMBUB 1PJS
#BJMM %JTUSJCVUJPO8 "GSJDB 4JFSSB -FPOF
-JCFSJB
*WPSZ
$PBTU
4ZOPOZNT%SJNZT BSPNBUJDB ' W .VFMM
5BTNBOOJB /PUFFCBSLIBTBQFQQFSZUBTUF
MBODFPMBUB 1PJS
"$4N
$PNNPO/BNFTQFQQFS USFF
"VTUSBMJBO QFQQFS USFF
#VSLJMM
%:409:-6.#M
.FMJBDFBF
%ZTPYZMVNBMMJBDFVN #M
#M
4ZOPOZNT%ZTPYZMVNDPTUVMBUVN .JR
.JR
%ZTPY
ZMVN FVQIMFCJVN .FSS
%ZTPYZMVN UIZSTPJEFVN
%
)JFSO
6TBHFBWPSJOH
1BSUT6TFEZPVOHMFBWFT DPPLFE
(V[NBO4JFNPOTNB5FSSB
%ZTPYZMVNDPTUVMBUVN .JR
.JR
%ZTPYZMVNBMMJBDFVN #M
#M
%SJNZTXJOUFSJ
GMPXFSJOH
%ZTPYZMVNFVQIMFCJVN.FSS
6TBHFTQJDF SBSFMZ
1BSUT6TFECBSL %ZTPYZMVNUIZSTPJEFVN)JFSO
%JTUSJCVUJPO8"GSJDB4/JHFSJB
8$BNFSPPOBOEPO
UP(BCVO %ZTPYZMVNBMMJBDFVN #M
#M
/PUFFCBSLIBTBQFQQFSZUBTUF
#VSLJMM
%SZQFUFTQFMMFHSJOJJ-BOESJ
6TBHFTQJDF SBSFMZ
1BSUT6TFECBSL
%JTUSJCVUJPO8"GSJDB*WPSZ$PBTUBOE(IBOB
/PUFFCBSLIBTBTQJDZUBTUF
#VSLJMM
&
&
&$)*/01)03"- &-"&*4+BDR0JM1BMN
"QJBDFBF 6NCFMMJGFSBF
"SFDBDFBF
&DIJOPQIPSBTJCUIPSQJBOB (VTT
5BNBTDI &MBFJTHVJOFFOTJT+BDR
4QSJOHFS7FSMBH#FSMJO)FJEFMCFSH
&-&55"3*".BUPO$BSEBNPN;JOHJCFSBDFBF
&SIBSEU FU BM
)JMMFS8FM[JH /FVXJOHFS 1TDIZSFNCFM 3JDIBSE 3JFWBMT.BOTPVS 3PTFO
5VGFMFUBM;FWFOEF8FU HBSUFO3PUI,PSNBOO4DISEFS4DIVMU[F.PUFM
4FJEFNBOOD
4FJEFNBOO4JFCFSU4I
BCBOFUBM4IBSNB4IJWBFUBM4NBMM4UBF
TDIF5VGFMFUBM5FVTDIFS5TDIJSDI0QIPG
7PHU8ZLFUBM;FWFOEF8FU
&MBFPEFOESPONFUBCFMJDB-PFT
$BTTJOFNFUBCFMJDB -PFT
4UFFENBO
&MFUUBSJBDBSEBNPN -
.BUPOWBSNBKPS
& &MBFPTFMJOVNHVNNJGFSVN%FTG
4N
5IXBJUFT
&MBUUBSJBNBKPS4N
.BSHPUJBHVNNJGFSB %FTG
-BOHF
&MFUUBSJBDBSEBNPN -
.BUPOWBS
&-&55"3*".BUPO$BSEBNPN NJOVTDVMB#VSLJMM
;JOHJCFSBDFBF
$PNNPO/BNFT.BMBCBS DBSEBNPN (FSNBO .BMB
CBS,BSEBNPN
&MFUUBSJBDBSEBNPNVN -
.BUPO 6TBHFTQJDF
1BSUT6TFEGSVJU
4ZOPOZNT"MQJOJBDBSEBNPNVN3PYC
"NPNVNDBS %JTUSJCVUJPOPOMZDVMUJWBUFE
EBNPNVN-
"NPNVNSBDFNPTVN-BN
$BSEB
NPNVNPDJOBMF4BMJTC
&MFUUBSJBSFQFOT 4POO
(V[NBO4JFNPOTNB*404UBOEBSE
#BJMM
$PNNPO/BNFTDBSEBNPN
TNBMMDBSEBNPN
$IFTUFS
DBSEBNPN"SBCJDIBCIBC
IFFM$IJOFTFEPVLPV &MFUUBSJBNBKPS4N
IVB
QBJUPVLPV%VUDILBSEFNPN[BBE'SFODI
DBSEBNPNF
DBSEBNPNJFS(FSNBO&DIUFS,BS 4ZOPOZNT&MFUUBSJBDBSEBNPN.BUPOWBSNBKPS 4N
EBNPN
.BMBCBS,BSEBNPN)JOEJDIPUJFMBDIJ XBJUFT
*OEPOFTJBOLBQVMBHB*UBMJBODBSEBNPNP GSVUUJ
$PNNPO/BNFT$FZMPO DBSEBNPN
HSFBUFS PCMPOH
+BQBOFTFLBSVEPNBO,PSFBOTPEVHV.BMBZTJBO DBSEBNPN
MPOH DBSEBNPN
XJME DBSEBNPN
CVBI QFMBHB 1JMJQJOP MVL HSBXBO 1PSUVHVFTF "SBCJD IBC IBM 'SFODI DBSEBNPNF (FSNBO
DBSEBNPNP 3VTTJBO LBSEBNPN 4BOTLSJU FMB
$FZMPO,BSEBNPN
-BOHFS ,BSEBNPN *UBMJBO
VQBLVODIJLB4MPWFOJBOLBSEBNN4QBOJTIDBS DBSEBNPNP 3VTTJBO DBSEBNPNF 4QBOJTI DBS
EBNPNP EBNPNP
6TBHFTQJDFQSPEVDUFTTFOUJBMPJM DBSEBNPNPJM
6TBHFTQJDFQSPEVDUFTTFOUJBMPJM
1BSUT6TFEGSVJU DBQTVMF
TFFE 1BSUT6TFEGSVJU
TFFE
%JTUSJCVUJPO4*OEJB
4SJ-BOLB
4&"TJB %JTUSJCVUJPO4SJ-BOLB
/PUFF TFFET BSF TPME JO -POEPO
BT DBNQIPS /PUFFTFFETBSFTFMEPNVTFEBTBTQJDFFTQFDJFT
TFFET JO&MFUUBSJFDBSEBNPN -
.BUPOBSFGBMTJFE
#FSHFS
#FSHFS
#PJT#PJTWFSU)VCFSU #PJS %PNST )BOFMU .BUUIJFT 0WFSEJFDL
#PVSOPU#VSLJMM
$SB[F%BMCZ%B C1FUFS4DIFODL/BVOEPSG4DIVMU[F.PUFM
WJETPO %PNST %VEUTDIFOLP FU BM %VLF FU BM 4FJEFNBOOD6QIPG8FBMUIPG*OEJB
'BSSFMM'FSSP(PQBMBLSJTIOBO/BSBZBOBO
(PWJOEBSBKBO FU BM C (V[NBO4JFNPOTNB )BHFS
)BOFMU)JMMFS8FM[JH)PQQF,BUBPLBFUBM
.BJTUSF.BUUIJFT.FMDIJPS,BTUOFS.PMF &MFUUBSJBSFQFOT 4POO
#BJMM
HPEF.PSSJT.BDLMFZ/PMFBVFUBM/PSNBO
0WFSEJFDL1FUFS1PDIMKPCLJO
1SVUIJ
&MFUUBSJBDBSEBNPNVN -
.BUPO
&.#&-*"#VSNG.ZSTJOBDFBF
&MTIPMU[JBDSJTUBUB8JMM
&MTIPMU[JBDJMJBUB VOC
)ZM
&MTIPMU[JBJOUFHSJGPMJB#FOUI
/FQFUBUFOVJGPMJB#FOUI
&
&MTIPMU[JBNPOPTUBDIZT)-WMFU7BO
"HBTUBDIFSVHPTB 'JTDIFU$".FZ
,VOU[F
B C
&MTIPMU[JBDJMJBUB VOC
)ZM
&MFUUBSJBTPMBSJT#MVNF
&MTIPMU[JBTUBVOUPOJJ#FOUI
&UMJOHFSBTPMBSJT #MVNF
3.4NJUI
$PNNPO/BNFTNJOU CVTI
NJOU TISVC
4UBVOUPO
FMTIPMU[JB $IJOFTF NV YJBOH SV (FSNBO $IJ
&-4)0-5;*"8JMME&MTIPMU[JB OFTJTDIF ,BNN.JO[F
$IJOFTJTDIFS (FXS[
-BNJBDFBF -BCJBUBF
TUSBVDI
6TBHFTQJDF
1BSUT6TFEMFBG
&MTIPMU[JBDJMJBUB 5IVOC
)ZM %JTUSJCVUJPO$$IJOB(BOSV
)FCFJ
)FOBO
4IBBOYJ
4IBOYJ
4ZOPOZNT&MTIPMU[JB DSJTUBUB 8JMM
&MTIPMU[JB QBUSJOJ
-FQFDJO
(BSDLF &SIBSEUFUBM
)BOFMU4NBMM5FVTDIFS
8JFSTFNB-FO
$PNNPO/BNFTDPNNPO FMTIPMU[JB 7JFUOBNFTF
CBMN$IJOFTFITJBOHKV
YJBOHSV(FSNBO&DIUF
,BNN.JO[F
&MTIPMU[JF
7JFUOBNFTJTDIF.FMJTTF
8S[NJO[F+BQBOFTFOBHJOBUBLPKV,PSFBOIZ &.#&-*"#VSNG
BOHZV3VTTJBONKBUBQSKBOBKB
JMJFMTHPM[JKB
HSF .ZSTJOBDFBF
CFOUTDIBKB TDIBOESB
QSKBOZK JTTPQ 7JFUOBNFTF
HJBUP
6TBHFTQJDF
TQFDJBMMZGPSTI &NCFMJBQIJMJQQJOFOTJT"%$
1BSUT6TFEIFSC
%JTUSJCVUJPO$"TJBGPSNFS4PWJFU6OJPO
$IJOB
5BJ 4ZOPOZNT3IBNOVT MBOEP -MBOPT
3JCFTPJEFT QIJMJQ
XBO
+BQBO
,PSFBOBUJWFJO&VSPQF QFOTF0,VOU[F
4BNBSBQIJMJQQJOFOTJT7JEBM
$PNNPO/BNFTXPPEZ WJOF 1JMJQJOP EJLBJ
MBOEP
%VEUTDIFOLP FU BM (STLJ FU BM ,PCPME FU BM QPOHQPOH
.JLVT4DIBTFS 1PDIMKPCLJO
4DIVMU[F.PUFM
6TBHFBWPSJOH GPSTI
NFBU
WFHFUBCMFT
BOEHJWFTB
4FJEFNBOOD4FJEFNBOO4JFCFSU5FVCOFS
5FVTDIFS;FWFOEF8FU
TPVSUBTUFUPTPVQ
1BSUT6TFEMFBG
%JTUSJCVUJPO1IJMJQQJOFT
&.*-*"$BTT"TUFSBDFBF $PNQPTJUBF
(V[NBO4JFNPOTNB0ZFO%VOH6QIPG &OUFSPNPSQIBDPNQSFTTB -
(SFW
6MWBDPNQSFTTB-
&.*-*"$BTT"TUFSBDFBF
$PNQPTJUBF
&/:%3"-PVS"TUFSBFBF
$PNQPTJUBF
'SFODIHPVUUFEFTBOH(FSNBO+BWBOJTDIF5SPE
EFMCMVNF
6TBHFTQJDF &3&.0$)"3*41IJMJQQJ
1BSUT6TFEMFBG
SPPU "QJBDFBF 6NCFMMJGFSBF
&/%045&.0//&#S &30%*6.-)FSJUFY"JU)FSPOT
-BNJBDFBF -BCJBUBF
#JMM
4UPSLT#JMM(FSBOJBDFBF
&OEPTUFNPOUFSFUJDBVMJT 1PJS
."TICZ &SPEJVNNPTDIBUVN -
-)SJUFY"JU
/PUFFBSPNBUJDIFSCGPSNFBUJODPPLJOH 1BSUT6TFEIFSC
%JTUSJCVUJPO/
$BOE4&VSPQF*CFSJB
'SBODF
GSPN
#VSLJMM
3VTTJBUP4JCFSJB
/
4"NFSJDB
&
4"GSJDB
"VT
USBMJB
/FX;FBMBOE
FMTFXIFSFOBUJWF
&3:/(*6.-4FB)PMMZ"QJBDFBF 6NCFMMJGFSBF
&36$".JMM3PDLFU4BMBE &SZOHJVNBOUJIZTUFSJDVN3PUUM
#SBTTJDBDFBF $SVDJGFSBF
&SZOHJVNGPFUJEVN-
&SVDBGPFUJEB.PFODI
&SZOHJVNGPFUJEVN-
&
&SVDBTBUJWB.JMM
4ZOPOZNT&SZOHJVNBOUJIZTUFSJDVN3PUUM
$PNNPO/BNFTDVMBOUSP
FSZOHP
GPSFJHO DPSJBOEFS
&SVDBTBUJWB.JMM TBXUPPUI
TBXUPPUIDPSJBOEFS
GBMTFDPSJBOEFS
U
XFFE
.FYJDBODPSJBOEFS$IJOFTFKJBZVBORJBO
4ZOPOZNT#SBTTJDB FSVDB -
&SVDB GPFUJEB .PFODI
$VCBODVMBOUSP
DJNBSSO'SFODIB[JFSMBWSF
&SVDBWFTJDBSJB -
$BWTTQTBUJWB .JMM
FMM QBOJDBVUGUJEF
DIBSEPOUPJM
DPVMBOUF(FSNBO
$PNNPO/BNFTHBSEFO PS 3PNBO SPDLFU
SPDLFU TB -BOHFS,PSJBOEFS
4UJOLFOEFS.BOOTUSFV
4UJOL
MBE
SPDLFU %VUDI HFLXFDLUF FSVDB
UVJNFSV EJTUFM-BPTIPNDIJO.BMBZTJBOEBVOLFUVNCBS
DB 'SFODI FSVDB
SPRVFUUF
SPRVFUUF EFT KBSEJOT KBXB/JDBSBHVBDVMBOUSJMMP1PSUVHVFTFDPFOUSP
(FSNBO +BNCB3BQT
MSBVLF
1FSTJTDIFS 4FOG
DPFOUSPCSBWP
DPFOUSPEBDPMOJB
DPFOUSPEB
3VLF
4FOGSBVLF )JOEJ UBSBNJSB *OEJB UBSJCFE DBCPDMP4QBOJTIDJMBOUSP
PSHBOPEF$BSUBHFOB
,BTINJS
*UBMJBO FSVDB
SVDPMB DPNNVOF
SV BJQIBLDIFFGBSBOH
QBLDIJGBSBOH
IPNQPN
DIFUUB
SVDB+BQBOFTFLJCBOBTV[VTIJSP
SPLFUUB LVMB7JFUOBNFTFSBVOHPHBJ
OHPUBZ
CBUOHB
1PSUVHVFTFFSVDB
SDVMB
QJODIBP3VTTJBONJO 6TBHFTQJDF
DPOEJNFOU BWPSJOH
&SVDBWFTJDBSJB -
$BWTTQFDTBUJWB .JMM
&SZTJNVNCBSCBSFB-
5IFMM
#BSCBSFBWVMHBSJT3#S
&SVDBTBUJWB.JMM
&SZTJNVNWFSOVN.JMM
#BCFSFBWFSOB .JMM
"TDIFST
&3:5)3*/"-o$PSBM5SFF'BCBDFBF -FHVNJOPTBF
&SZUISBFBDFOUBVSVNBVDU 1BSUT6TFEZPVOHMFBG
%JTUSJCVUJPOUSPQJDBM "GSJDB DVMUJWBUFE JO $POHP BOE
$FOUBVSJVNFSZUISBFB3BG ;BJSF
& &SZUISJOBWBSJFHBUB-WBSPSJFOUBMJT -
.FSS
&SZUISPDPDDBGMBDDJEB 1BY
1SBJO
&SZUISPDPDDBBUSPWJFSFOT 1BY
1BJO
4ZOPOZNT&SZUISJOBJOEJDB-
&SZUISJOBWBSJFHBUB-
$PNNPO/BNFT*OEJBO DPSBM USFF
NPPDIZ XPPE
UJ
HFSJTDMBX$IJOFTFIBJUPOHQJ(FSNBO*OEJTDIFS &SZUISPDPDDBPMFBSBDFBF 1SBJO
1SBJO
1BSUT6TFESPPU
%JTUSJCVUJPO-BUJO "NFSJDB 6QQFS "OEFT 1FSV
$P
&SZUISPDIJMVTJOEJDVT3FJOXFY#M MVNCJB
7FOF[VFMB
$MBPYZMPOJOEJDVN 3FJOXFY#M
)BTTL %BWJETPO )BOFMU 4DIVMU[F.PUFM 4FJEFNBOO
D8JMMJBNT
&3:5)30$0$$"#FOUI
&VQIPSCJBDFBF &5-*/(&3"(JTFLF5PSDI(JOHFS
;JOHJCFSBDFBF
&SZUISPDPDDBBUSPWJFSFOT 1BY
1SBJO
&UMJOHFSBFMBUJPS +BDL
3.4N
4ZOPOZNT"UISPBOESB BUSPWJSFOT 1BY FU , )PN
&SZUISPDPDDB BDDJEB 1BY
1SBJO
&SZUISPDPDDB 4ZOPOZNT"MQJOJBFMJBUPS+BDL
"MQJOJBTQFDJPTB%%J
PMFBSBDFBF 1SBJO
1SBJO FUS
"MQJOJB TQFDJPTB 8FOEM
, 4DIVN
/JDP
$PNNPO/BNFT$POHP
;BJSF NBTDIB
CJOEJ EJLJM MBJB FMBUJPS +BDL
)PSBO
1IBFPNFSJB NBHOJDB
(IBOB GPSPXB
HZJHZBN -JCFSJB CV ZJEEJ QVMV 3PTD
,4DIVN
4FOFHBMNCVIVSNCS4JFSSB-FPOFCVEFMFNJ $PNNPO/BNFTUPSDI HJOHFS
1IJMJQQJOF XBY PXFS
6TBHFTQJDF 'SFODI TDFQUSF EF MFNQFSFVS (FSNBO .BMBZJ
&6$"-:1564-)So(VN.ZSUBDFBF
%VOH )BOFMU -BSTFO FU BM 0DITF FU BM
4DIVMU[F.PUFM8POH
&UMJOHFSBSPTFB#VSUUFU3.4N
4ZOPOZNT"NPNVNSPTFVN,4DIVN
$PNNPO/BNFT*OEPOFTJBOHBMPCBQBQVB
QPUNFQJOJ
HJUJQJUBOB .PMVDDBT
6TBHFDPOEJNFOU TI
&
1BSUT6TFEBSJM
%JTUSJCVUJPO*OEPOFTJB
(V[NBO4JFNPOTNB.PPSF
&UMJOHFSBTPMBSJT #M
3.4NJUI
&6$"-:1564-)So(VN
.ZSUBDFBF
&UMJOHFSBIFNJTQIBFSJDB #M
3.4N
4ZOPOZNT/JDPMBFIFNJTQIBFSJDB #M
)PSBO &VDBMZQUVTBNZHEBMJOB-BCJMM
6TBHFDPOEJNFOU
1BSUT6TFEJOPSFTDFODF 4ZOPOZNT&VDBMZQUVTTBMJDJGPMJB$BW
%JTUSJCVUJPO4VNBUSB
+BWBJO+BWBBMTPDVMUJWBUFE $PNNPO/BNFTCMBDL QFQQFSNJOU
QFQQFSNJOU USFF
&6$"-:1564-)So(VN.ZSUBDFBF
6TBHFBWPSJOHQSPEVDUFTTFOUJBMPJM
1BSUT6TFEMFBG
%JTUSJCVUJPO"VTUSBMJB2VFFOTMBOE4"NFSJDB#SB[JM &VDBMZQUVTTBMJDJGPMJB$BW
$IFFST,VNBS3PUI,PSNBOO4DIOGFMEFS &VDBMZQUVTBNZHEBMJOB-BCJMM
&VDBMZQUVTEJWFT4DIBVFS &VDBMZQUVTTUBJHFSJBOB'.VFMMFY'.#BJMFZ
$PNNPO/BNFTCSPBEMFBWFEQFQQFSNJOUUSFF $PNNPO/BNFTMFNPOTDFOUFEJSPOCBSL
6TBHFBWPSJOH 6TBHFBWPSJOHQSPEVDUFTTFOUJBMPJM
1BSUT6TFEMFBG 1BSUT6TFEMFBG
%JTUSJCVUJPO4& "VTUSBMJB
/4 8BMFT
OBUJWF JO ;BJSF %JTUSJCVUJPO/&"VTUSBMJB 2VFFOTMBOE
DVMUJWBUFEJO
BOE4"GSJDB #SB[JM
(VBUBNBMB
;BJSF
*OEPOFTJB +BWB
4FZ
/PUFFFTTFOUJBMPJMIBTBIJHIDPOUFOUPGQIFMMBO DIFMMFT
ESFOFBOEQJQFSJUPOF
&SIBSEU FU BM
)BOFMU ,VNBS .PST3J[[JOJ
&SIBSEUFUBMM)BOFMU 3FIN&TQJH4DIVMU[F.PUFM6QIPG
&VDBMZQUVTHMPCVMVT-BCJMM
&6$-&"- &VHFOJBQPMZBOUIB8JHIU
&CFOBDFBF
4Z[ZHJVNQPMZBOUIVN 8JHIU
8BMQFST
&VDMFBEJWJOPSVN)JFSO
&VHFOJBUBCBTDP(%PO
$PNNPO/BNFTNBHJDHVBSSJ
6TBHFDPOEJNFOU QSPEVDU BT WFHFUBCMF TBMU PG UIF 1JNFOUBEJPJDB -
.FSSWBSUBCBTDP
QMBOUBTI
1BSUT6TFEQMBOU
&
%JTUSJCVUJPO4"GSJDB &61"503*6.-
/PUFFQMBOUBTIJTBTVCTUJUVUFGPSFEJCMFTBMU "TUFSBDFBF $PNQPTJUBF
3PTFOLSBO[
&VQBUPSJVNDBOOBCJOVN-
&VHFOJBBSPNBUJDB -
#BJMM $PNNPO/BNFTCPSOBTFU
IFNQ BHSJNPOZ
IFNQ
XFFE
"NFSJDBO UIPSPVHIXPSU IFSC
'SFODI
4Z[ZHJVNBSPNBUJDVN -
.FSS&U-.1FSSZ FVQBUPJSF DIBOWSJOF
DIBOWSF EFBV (FSNBO
(FXIOMJDIFS 8BTTFSEPTU (SVOEIFJM
,VOJHVO
EFOLSBVU
8BTTFSIBOG *UBMJBO DBOBQB EBDRVB
&VHFOJBCBMTBNFB3JEMFZ 3VTTJBO TFEBUTDI
QPTLPOOJL LPOPQMFXZK
4QBOJTIFVQBUPSJP
4Z[ZHJVNQPMZBOUIVN 8JHIU
8BMQFST 6TBHFTQJDF
1BSUT6TFEMFBG
IFSC
%JTUSJCVUJPO&VSPQF
5VSLFZ
-FCBOPO
*TSBFM
$BVDB
&VHFOJBDBSZPQIZMMBUB5IVOC TVT
*SBO
)JNBMBZBT
$ "TJB
/ "GSJDB .P
SPDDP
"MHFSJB
4Z[ZHJVNBSPNBUJDVN -
.FSSFU-.1FSSZ
"JDIFMF4DIXFHMFS
#FSHFS
$IFFST&SIBSEUFU
BM
&SJDITFO#SPXO)BHFS
)JMMFS
8FM[JH)PQQF4DIOGFMEFS4DIVMU[F.PUFM
&VHFOJBDBSZPQIZMMVT 4QSFOH
#VMMPDLFY4( 4FJEFNBOOD8PFSEFOCFSHFUBM;ZHBEMPFUBM
)BSSJTPO
4Z[ZHJVNBSPNBUJDVN -
.FSSFU-.1FSSZ
&VQBUPSJVNDIJOFOTF-
1JNFOUBEJPJDB -
.FSS 1BSUT6TFEZPVOHMFBG
%JTUSJCVUJPO*OEPDIJOB
$IJOB
,PSFB
5BJXBO
+BQBO
1IJMJQQJOFT
BMTPDVMUJWBUFE
(V[NBO4JFNPOTNB6QIPG
&61)03#*"-4QVSHF&VQIPSCJBDFBF
&VQBUPSJVNIFNJQUFSPQPEJVN3PCJOTPO "FEP FU BM "KBP FU BM "ZFOTV #MBODEF 4BRVJ
4BOOFT&WBOT,JOHIPSO/FVXJOHFS5VGFMFUBM
7JMMBNBSFUBM:PTIJEBFUBM
$PNNPO/BNFT.FYJDPDIJPQM
6TBHFBWPSJOHPGUPCBDDP
1BSUT6TFEMFBG
%JTUSJCVUJPO.FYJDP:VDVUBO &VQIPSCJBMBUIZSJT-
$PNNPO/BNFTQPPMSPPU
XIJUFTOBLFSPPU#FOHBMJB
BZBQBOB &VQIPSCJBQVMDIFSSJNB8JMMEFY,MPU[TDI
6TBHFBWPSJOH
1BSUT6TFEMFBG 4ZOPOZNT1PJOTFUUJBQVMDIFSSJNB 8JMMEFY,MPU[TDI
%JTUSJCVUJPOUSPQJDBM"NFSJDB
OBUJWF*OEJB
+BWB
.BV 3(SBI
SJUJVT#SB[JMDVMUJWBUFE $PNNPO/BNFT$ISJTUNBT PXFS
EB[[MF
QPJOTFU
UJB %VUDI QPJOTFUUJB 'SFODI FVQIPSCF DBSMBUF
)BFMU4DIVMU[F.PUFM QPJOTFUUJB
UPJMF EF /PFM
(FSNBO 1PJOTFUUJF
8FJIOBDIUTTUFSO *OEPOFTJBO CVHB OBUBM
QBJUBO
QPIPO NFSBI +BWBOFTF HPEPOH
SBUKPPO
SBU
&61)03#*"-4QVSHF KPPOBO.BMBZTJBOQPIPONFSBI
QVSJOHNFSBI
&VQIPSCJBDFBF 1JMJQJOPQBTDVBT4QBOJTIPSEF1BTDVB
PSEF
4BOUB $BUBSJOB BJ LJTNBT 7JFUOBNFTF USBOH
OHVZO
&VQIPSCJBIJSUB- 6TBHFTFBTPOJOH
1BSUT6TFEMFBG
4ZOPOZNT&VQIPSCJBQJMVMJGFSB-
&70%*"-BN3VUBDFBF
&70%*"-BN
3VUBDFBF
&61)3"4*"-&ZFCSJHIU
4DSPQIVMBSJBDFBF
&WPEJBBNCPJOFOTJT.FSS
&
&VQISBTJBPGGJDJOBMJT- $PNNPO/BNFT*OEPOFTJBOHBOEBSPPSBCFTBS
6TBHFBWPSJOH
4ZOPOZNT&VQISBTJBSPTULPWJBOB)BZOF 1BSUT6TFECBSL
$PNNPO/BNFTFVGSBTJB
FZFCSJHIU 'SFODI DBTTFMV %JTUSJCVUJPO*OEPOFTJB
FTQFDJBMMZ"NCPO
OFUUF
FVQISBJTFPDJOBMF
MVNJOFU
CSJTFMVOFUUFT /PUFFCBSLJTVTFEBTJODFOTFBNPOHUIFOBUJWFT
(FSNBO(SPCMUJHFS"VHFOUSPTU
(FXIOMJDIFS
"VHFOUSPTU
8JFTFOBVHFOUSPTU *UBMJBO FVGSBTJB
6QIPG
FSCBEFHMJPDDIJ3VTTJBOPUTDIOJLBBQUFUTDIOBKB
4QBOJTIFVGSBTJB
1BSUT6TFEQPUIFSC &WPEJBMVOVBOLFOEB (BFSUO
.FSS
%JTUSJCVUJPO$&VSPQF
5VSLFZUP84JCFSJB
/PUF*O&OHMBOEUIFIFSCXBTVTFEJOUIF.JEEMF"HFT 4ZOPOZNT&WPEJBSPYCVSHIJBOB#FOUI
UPTQJDFTPVQT $PNNPO/BNFT)JOEJLBOBMFJ
NJEBVNBCBQIBOH
WB
OBTIFNQBHB
"JDIFMF4DIXFHMFS
#FSHFS
#JMHSJ"EBN$MBJS 6TBHFBWPSJOH
&SIBSEUFUBM)JMMFS8FM[JH)PINBOOFUBM
1BSUT6TFEMFBG
/FJEIBSEU /FXBMM FU BM 4BMBNB4UJDIFS 4DIO
GFMEFS4DIVMU[F.PUFM4FJEFNBOOD4IBSNB
%JTUSJCVUJPO*OEJBIJMMTPG&)JNBMBZBT
%FDDBO
"O
4UJDIFS4BMBN6QIPG8ZLFUBM EBNBO*TMBOET
"SPSB1BOEFZ6QIPG
&VQISBTJBSPTULPWJBOB)BZOF
&VQISBTJBPDJOBMJT-TTQSPTULPWJBOB )BZOF
&WPEJBSPYCVSHIJBOB#FOUI
5PXOT
&WPEJBMVOVBOLFOEB.FSS
'
'
'"("3"- 'BHBSBUFTTNBOOJJ&OHM
3VUBDFBF
;BOUIPYZMVNUFTTNBOOJJ &OHM
"ZBUPS
'BHBSBBSFOBSJB&OHM
'BHBSB[BOUIPYZMPJEFT-BN
6TBHFBWPSJOH MJRVFVSi1BSBUJTu
'BHBSBSIFUTB3PYC '&%*"(BFSUO"GSJDBO7BMFSJBO
7BMFSJBOBDFBF
;BOUIPYZMVNSIFUTB 3PYC
%$
'FEJBDPSOVDPQJBF -
(BFSUO
'BHBSBTFOFHBMFOTJT%$
$PNNPO/BNFT"GSJDBO WBMFSJBO
IPSO PG QMFOUZ
'BHBSB[BOUIPYZMPJEFT-BN 'SFODI DPSOF EBCPOEBODF (FSNBO "GSJLBOJ
TDIFS#BMESJBO
6TBHFQPUIFSC
1BSUT6TFEMFBG
4QSJOHFS7FSMBH#FSMJO)FJEFMCFSH
'&36-"-(JBOU'FOOFM"QJBDFBF 6NCFMMJGFSBF
$IBNCFSMBJO&SIBSEUFUBM
)BOFMU)FQQFS
3FDIJOHFS 4DIVMU[F.PUFM 4FJEFNBOO4JFCFSU
'&36-"-(JBOU'FOOFM 6QIPG8FBMUIPG*OEJB
"QJBDFBF 6NCFMMJGFSBF
1BSUT6TFEUIFHVNGSPNUIFTUFNBOEUIFSPPU
%JTUSJCVUJPO$"TJB
*SBO
"GHIBOJTUBO 'FSVMBBTBGPFUJEB-
/PUFFHVNIBTBWFSZQFOFUSBUJOHHBSMJDMJLFPEPS
BOEUBTUF"U4JMQIJPOPS-BTFSQJUIJVNPSTJMQIJVN &SIBSEUFUBM)FQQFS)PQQF.BCCFSMZ
EFTBODJFOTDPODFSOTUIJTQMBOUF(FSNBOCPUB
OJTU&OHFMCFSU,BFNQGFSHBWFUIFSTUEFDSJQUJPO
BOEJMMVTUSBUJPOPGUIFBTBGFUJEBQMBOUJO 'FSVMBOBSUIFY#PJTT
"QQFOEJOP FU BM #PJT #PJTWFSU)VCFS #PSEJB $PNNPO/BNFTTUJODLGFUJEB(FSNBO4UBC"TBOU
"SPSB$IBNCFSMBJO$SB[F%BMCZ%BWJETPO
6TBHFTQJDF
%VEUTDIFOLPFUBM%VLFFUBM&SIBSEUFUBM
'BSSFMM(V[NBO4JFNPOTNB)BOFMU)FQQFS
1BSUT6TFEHVNGSPNUIFTUFNBOEUIFSPPU
)PQQF,BKNPUPFUBM-DL.BSUJOFU[-PIT
%JTUSJCVUJPO/8)JNBMBZBT
.PSSJT.BDLMFZ/BTTBS/FXBMMFUBM/PS
NBO1PDIMKPCLJO
1SVUIJ3BKBOJLBOUIFUBM &SIBSEUFUBM)FQQFS4IBSNB4JFXFL6QIPG
3FDIJOHFS4BNJNJ6OHFS4DIVMU[F.PUFM
4FJEFNBOOCD4FJEFNBOO4JFCFSU4JFXFL
4USBOU[5VGFMFUBM5FVTDIFS5VDLFS6QIPG
8ZLFUBM
'FSVMBOBSUIFY-
'FSVMBBTTBGPFUJEB-
'FSVMBGPFUJEB #VOHF
3FHFM
$PNNPO/BNFTGFUJEB'SFODIGUJEF(FSNBO4UJOL 'FSVMBQTFVEBMMJBDFB3FDIG
BTBOU
6TBHFTQJDF 'FSVMBBTTBGPFUJEB-
'0&/*$6-6..JMM'FOOFM"QJBDFBF 6NCFMMJGFSBF
'*#3"63&"-PVS
.FOJTQFSNBDFBF '-&.*/(*"3PYCFY"JU
'BCBDFBF -FHVNJOPTBF
'JCSBVSFBSFDJTB1JFSSF
$PNNPO/BNFTUBMMXPPEZWJOF*OEPDIJOBEZWOH
'MFNJOHJBDPOHFTUB3PYCFY"JUFU"JUG '
HJBOH
OBNIPOHMJO 'MFNJOHJBNBDSPQIZMMB 8JMME
.JR
6TBHFBWPSJOHQSPEVDUCJUUFSMJRVFVST
1BSUT6TFESPPU
%JTUSJCVUJPO*OEPDIJOB 'MFNJOHJBNBDSPQIZMMB 8JMME
.JR
/PUFFCJUUFSSPPUJTBTVCTUJUVUFGPSHFOUJPO
4ZOPOZNT'MFNJOHJBDPOHFTUB3PYCFU"JUFU"JUG
.BCCFSMZ6QIPG $PNNPO/BNFTGBMTFTBSPO(FSNBOGBMTDIFS4BGSBO
+BQBOFTFFOPLJNBNF
6TBHFTFFE
TQPSBEJDBMMZBTBTBSPOTVCTUJUVUF
'JDBSJBWFSOB)VET 1BSUT6TFEQVMWFSJ[FETFFEIVJMT
%JTUSJCVUJPO4&"TJBUSPQJDBM*OEJB
"GSJDB
3BOVODVMVTDBSJB-
&SIBSEUFUBM
)JMMFS.FM[JH
'*-*1&/%6-".JMM%SPQXPSU
.FBEPX4XFFU3PTBDFBF 'MVFHHFBMFVDPQZSVT8JMME
4FDVSJOFHBMFVDPQZSVT 8JMME
.VFMM"SH
'JMJQFOEVMBVMNBSJB -
.BYJN
4ZOPOZNT4QJSFBVMNBSJB- '0&/*$6-6..JMM'FOOFM
$PNNPO/BNFTESPQXPSU
NFBEPX TXFFU
RVFFO PG "QJBDFBF 6NCFMMJGFSBF
UIFNFBEPX'SFODISFJOFEFTQST
TQJSFVMNBJSF
(FSNBO &DIUFT .EFT
4VNQGTQJSFB *UBMJBO
MJQFOEVMF
PMNBSJB
SFHJOBEFJQSBUJ3VTTJBOMB 'PFOJDVMVNDBSSJ-JOL
CBTOJL TFTUJMFQFTUOJK
UBXPMHB
TBCBTOJL 4QBOJTI
CBSCB
SFJOBEFMPTQSBEPT
SFJOBEFDBCSBVMNBSJB DBSSVNDBSSJ-
6TBHFBWPSJOH WBSJPVT CFWFSBHFT
QSPEVDU FTTFO
UJBMPJM
1BSUT6TFEPXFS 'PFOJDVMVNEVMDF%$OPO.JMM
%JTUSJCVUJPO&VSPQF
$BVDBTVT
8BOE&4JCFSJB
/"G
SJDB
OBUJWFJO/"NFSJDB 'PFOJDVMVNWVMHBSFWBSEVMDF %$
#BUUFU5SBC
'PFOJDVMVNQJQFSJUVN 6DSJB
4XFFU 'PFOJDVMVNWVMHBSF.JMMTTQWVMHBSFWBS
B[PSJDVN .JMM
5IFMM
'PFOJDVMVNWVMHBSFTVCTQQJQFSJUVN 6DSJB
$PVU
'PFOJDVMVNWVMHBSF.JMM
'PFOJDVMVNWVMHBSF.JMM
'PFOJDVMVNWVMHBSF.JMMWBSEVMDF %$
4ZOPOZNT"OFUIVN GPFOJDVMVN -
'PFOJDVMVN DBQJM #BUUFU5SBC
MBDFVN(JMJC
'PFOJDVMVNPDJOBMF"MM
$PNNPO/BNFTGFOOFM "SBCJD BDLTPVN
SB[JBOVK
4ZOPOZNT'PFOJDVMVNEVMDF%$OPO.JMM
$PNNPO/BNFTMBSHFSPVOELVNRVBU(FSNBO%JDL
"NFSJDB
PSJHJOJO$IJOB '
CMUUSJHF ;XFSH[JUSPOF $IJOFTF DIJO UBO +BQB #FOEFM$IFFST%BWJETPO&OHMFS1IVNNBJ
&SIBSEUFUBM
)BOFMU)VNF1VSTHMPWF
OFTFNFJXB
4DIVMU[F.PUFM5VGFMFUBM6QIPG7FSIFJK$PSP
6TBHFTVDDBEF BWPSJOH
OFM8FBMUIPG*OEJB
;FWFOEF8FU
1BSUT6TFEGSVJU
%JTUSJCVUJPO$IJOB
+BQBO DVMUJWBUFE JO +BQBO
*OEJB
BOE64"
'PSUVOFMMBNBSHBSJUB -PVS
4XJOHMF
)BOFMU 4DIVMU[F.PUFM 6QIPG ;FWFOEF 8FU
4ZOPOZNT$JUSVTNBSHBSJUB-PVS
$PNNPO/BNFTPWBMLVNRVBU$IJOFTFDIJODIV
DIJO
UTBP
MVP GPV (FSNBO 0WBMF ,VNRVBU
;XFSH
'PSUVOFMMBIJOETJJ $IBNQFY#FOUI
4XJOHMF PSBOHF +BQBOFTF OBHBNJ
OBHV LJOLBO 1FSV
OBSBOKJMMB
UVOHVBT 4QBOJTI LVNRVBU 3VTTJBO
4ZOPOZNT"UBMBOUJBIJOETJJ $IBNQ
0MJW LJOLBO
$PNNPO/BNFT)POHLPOH XJME LVNRVBU
'PSNP 6TBHFTVDDBEF BWPSJOH
#FOEFM&SIBSEUFUBM)BOFMU)VNF0DITF
FUBM4DIVMU[F.PUFM4FJEFNBOOD;FWFOEF8FU
'PSUVOFMMBQPMZBOESB 3JEM
5BOBLB
4ZOPOZNT"UBMBOUJBQPMZBOESB3JEM
'PSUVOFMMBTXJOH
'PSUVOFMMBKBQPOJDB 5IVOC
4XJOHMF MFJ5BOBLB
$PNNPO/BNFT.BMBZBO LVNRVBU
IFEHF MJNF (FS
4ZOPOZNT$JUSVT KBQPOJDB VOC
$JUSVT NBEVSFOTJT NBO .BMBZTJTDIF ,VNRVBU
;XFSHPSBOHF .B
-PVS MBZTJBO MJNBV QBHBS 4QBOJTI LVNRVBU NBMBZP
$PNNPO/BNFTSPVOE LVNRVBU
NBSVNJLVNRVBU
BJTPNDIJU
DBMBNPOEJO
NVTL MJNF
$IJOB PSBOHF
HPMEFO 6TBHFTVDDBEF BWPSJOH
TQJDF
NBOEBSJO$IJOFTFDIJOLBO
KJOHBO
T[VLBJLBU 1BSUT6TFEGSVJU
'SFODI LVNRVBU (FSNBO +BQBOJTDIF 0SBOHF
%JTUSJCVUJPO.BMBZTJB
BMTPDVMUJWBUFE4$IJOB )BJO
BO
BJMBOE
'0356/&--"4XJOHMF,VNRVBU3VUBDFBF
)VNF4DIVMU[F.PUFM7FSIFJK$PSPOFM8FBMUI
PG*OEJB
'PSUVOFMMBTXJOHMFJ5BOBLB
'PSUVOFMMBQPMZBOESB 3JEM
5BOBLB
'
(
(
(BMBOHBNBKPS3VNQI 6TBHFBWPSJOH
1BSUT6TFEGSFTIIFSC
"MQJOJBHBMBOHB -
8JMME %JTUSJCVUJPO/ BOE $ &VSPQF
5VSLFZ
$BVDBTVT
/
*SBO
8
&4JCFSJB
+BQBO
$"TJB
/"GSJDB
64"
/PUF*O(FSNBOZBOEPUIFS&VSPQFDPVOUSJFTUIFVTF
(BMFHBQVSQVSFB -
- PGUIJTQMBOUUPQSPEVDFFTTFODFTGPSTBMFJTQSPIJC
JUFE IJHIDVNBSJOFDPOUFOU
5FQISPTJBQVSQVSFB -
1FST
"JDIFMF4DIXFHMFS
#JMHSJ"EBN #PJT #SFN
OFTT $IBSBMBNCPVT $IFFST $MBJS $PJDJV
3BD[ OP ZFBS
%BWJETPO %VEUTDIFOLP FU BM &SIBSEU
(BMJQFBPGGJDJOBMJT)BODPDL FU BM 'MFJTDIIBVFS )BHFS
)FFHFS
)JMMFS.FM[JH )PQQF -BVC FU BM
1TDIZ
$VTQBSJBGFCSJGVHB)VNCFY%$ SFNCFM3PUI,PSNBOO4DIOGFMEFSFEP,SFKB
4FJEFNBOO D
4FJEFNBOO4JFCFSU 4NBMM
5VGFMFUBM5FVTDIFS5VDLFS8SOFS4DI
SFJFS8TUFOGFME)BFOTFM
("-*6.-#FETUSBX
3VCJBDFBF
("3$*/*"-.BOHPTUFFO
(BMJVNPEPSB4BMJTC $MVTJBDFBF (VUUJGFSBF
(BMJVNPEPSBUVN -
4DPQ
(BSDJOJBBUSPWJSJEJT(SJGGFY5"OEFSTPO
(BMJVNPEPSBUVN -
4DPQ $PNNPO/BNFT.BMBZTJBOBTBNHFMVOHPS
6TBHFTQJDF
TVCTUJUVUFGPSUBNBSJOEQVMQ
4ZOPOZNT"TQFSVMBPEPSBUB-
(BMJVNPEPSB4BMJTC 1BSUT6TFEGSVJU
$PNNPO/BNFTTXFFU XPPESV
XPPESV BTQFSVMF %JTUSJCVUJPO.BMBZTJB
%VUDI MJFWF WSPVXF CFETUSP 'SFODI BTQSVMF
PEPSBOUF
NVHVFU EFT CPJT
QFUJU NVHVFU
SF #VSLJMM)BOFMU,VNBS4DIVMU[F.PUFM6Q
IPG7FSIFJK$PSPOFM;FWFOEF8FU
JOF EFT CPJT
IQBUJRVF UPJMFF
CFMMF UPJMF (FS
NBO8BMENFJTUFSLSBVU
%VMBCLSBVU
.BJLSBVU
*UBMJBOBTQFSVMB
DBHMJPPEPSPTB
TUFMMJOBPEPSPTB
3VTTJBO KBTNFOOJL EVTDIJTUJK 4QBOJTI BTQFSJMMB
PMPSPTB
BTQSVMB
4QSJOHFS7FSMBH#FSMJO)FJEFMCFSH
("3%&/*"&MMJT(BSEFOJB3VCJBDFBF
(BSDJOJBDBNCPHJB (BFSUO
%FTS 6TBHFTQJDF
TVCTUJUVUFGPSUBNBSJOEQVMQ
1BSUT6TFEGSVJU
$PNNPO/BNFT.BMBCBS UBNBSJOE
DBNCPEHF
HPSB %JTUSJCVUJPO*OEJB
4SJ -BOLB
$IJOB DVMUJWBUFE JO
HB(FSNBO.BMBCBS5BNBSJOEF*OEJBHBNCPHF USPQJDBMSFHJPOTPGUIF/FX8PSME
.BMBZTJBOBTBNHMVHVS
HFMVHVS
6TBHFBWPSJOH
MPDBMMZBTGSVJUTQJDF $IFFST8JFSTFNB-FO
1BSUT6TFEGSVJU
%JTUSJCVUJPO*OEJB"TTBN4SJ-BOLB
.BMBZTJB
("3%&/*"&MMJT(BSEFOJB
%BWJETPO )BOFMU ,SJTIOBNVSUIZ FU BM -FXJT 3VCJBDFBF
/FFMBLBOUBO1FUFS4ODIF[.POHF6QIPG
7FSHIFTF
( (BSEFOJBBVHVTUB -
.FSS
(BSDJOJBJOEJDB 5IPVBST
$IPJTZ 4ZOPOZNT(BSEFOJB HSBOEJPSB -PVS
(BSEFOJB KBT
NJOPJEFT&MMJT
(BSEFOJBSBEJDBOTVOC
4ZOPOZNT#SJOEPOJB JOEJDB PVBST
(BSDJOJB QVS $PNNPO/BNFT$BQFKBTNJOF
$BQFKFTTBNJOF
DPN
QVSFB3PYC NPO HBSEFOJB
HBSEFOJB $IJOFTF IJ [V
[IJ [J
$PNNPO/BNFTCSJOEPOJB UBMMPX USFF
LPLBN
(PB 'SFODI HBSEOJB (FSNBO ,BQ(BSEFOJF
,BQ
CVUUFS
TI UBNBSJOE 'SFODI CSJOEPOOJFS (FS +BTNJO
+BTNJOHMBO[*OEPOFTJBOLBDBQJSJOH,P
NBO,PLVN*OEJBLPLBN
LPLVN
SBUBNCJ SFBODIJKBOBNV.BMBZTJBOCVOHBDJOB1JMJQJOP
6TBHFTQJDF
MPDBMBTGSVJUTQJDFBMTPGPSDVSSJFT
DIVU SPTBM 3VTTJBO HBSEFOJB BJ QIVU DIJJO
QIVU
OFZTBOELFCBCT TPO
LIBFUIBXBB
7JFUOBNFTFEOIEOI
1BSUT6TFEGSVJUQFFM 6TBHFBWPSJOH PGUFB
QSPEVDUFTTFOUJBMPJM
%JTUSJCVUJPO4 8FTU *OEJFT
DVMUJWBUFE FMTFXIFSF BO 1BSUT6TFEPXFS
.BVSJUJVT
3VOJPO
"OUJMMFT %JTUSJCVUJPOPSJHJO&"TJB
DVMUJWBUFEJO*OEJB
$IJOB
/PUFFTQJDFIBTBTBMUZTPVSUBTUF 5BJXBO
+BQBO
DVMUJWBUFEFMTFXIFSF
.FYJDP
/PUF FEZFJOUIFGSVJUT XPOHTLZ
BSFVTFEJOUIF
"SPSB1BOEFZ %BTUVS %BWJETPO )BOFMU GPPEJOEVTUSZBOEGPSDPMPSJOHTJMLBOEPUIFSDMP
,SJTIOBNVSUIZ FU BM -DL /BXBMF FU BM 1FUFS
UIFT
4BNQBUIV,SJTIOBNVSUIZ 4DIVMU[F.PUFM 4F
JEFNBOOD4JFXFL5VGFMFUBM6QIPG8J
$IFFTF&SIBSEUFUBM
)JMMFS.FM[JH+BDRVBU
FSTFNB-FO;FWFOEF8FU
,PUUFHPEB 1GJTUFS FU BM 3PUI,PSNBOO
4DIVMU[F.PUFM4FJEFNBOOD4UPSST5VSPWBFUBM
7JMMBNBSFUBM8BSSFO8)08JFSTFNB-FO
(BSDJOJBQVSQVSFB3PYC ;FWFOEF8FU
(BSDJOJBJOEJDB PVBST
$IPJTZ
(BSEFOJBHSBOEJGMPSB-PVS
(BSDJOJBUJODUPSJB $IPJTZ
8'8JHIU (BSEFOJBBVHVTUB -
.FSS
(BSDJOJBYBOUIPDIZNVT)PPLGFY5"OEFSTPO
(BSEFOJBKBTNJOPJEFT&MMJT
(BSDJOJBYBOUIPDIZNVT)PPLGFY5 (BSEFOJBBVHVTUB -
.FSS
"OEFSTPO
4ZOPOZNT(BSDJOJBUJODUPSJB $IPJTZ
8'8JHIU
$PNNPO/BNFT*OEJBHBNCPHF
NVOEV
(&/5*"/"-(FOUJBO(FOUJBOBDFBF
(BSEFOJBBVHVTUB -
.FSS
(&/5*"/"-(FOUJBO
(FOUJBOBDFBF
(BTUSPDIJMVTQBOEVSBUB 3PYC
3JEMFZ
5JOH/PO4IBOHXV
#PFTFOCFSHJBSPUVOEBUB -
.BOTG
(FOUJBOBBTDMFQJBEFB-
("6-5)&3*",BMNFY-4IBMMPO
&SJDBDFBF $PNNPO/BNFTXJMMPX HFOUJBO 'SFODI HFOUJBOF
GBVTTF BTDMQJBEF (FSNBO 4DIXBMCFOXVS[&O
[JBO
(
(BVMUIFSJBQSPDVNCFOT- 6TBHFBWPSJOHBTUPOJDBOEGPSCJUUFSTBOECJUUFSMJ
RVFVST (FOUJBOBMVUFB-
4ZOPOZNT(BVMUIFSJBSFQFOT3BG 1BSUT6TFESIJ[PNF
$PNNPO/BNFTCPYCFSSZ
DIFDLFSCFSSZ
BMQJOFXJO %JTUSJCVUJPO&VSPQF"MQT
$BSQBUJBOSFHJPO
UFSHSFFO
DSFFQJOHXJOUFSHSFFO
NPVOUBJOUFB
UFB
CFSSZ'SFODIHBVMUISJFEV$BOBEB
UIEFCPJT "JDIFMF4DIXFHMFS
$IFFST &SIBSEU FU BM
'MFJTDIIBVFS)BHFS
)BOFMU)JMMFS.FO[JH
(FSNBO/JFEFSF3FCIVIOCFFSF
/JFEFSMJFHFOEF
4DIOGFMEFS4FJEFNBOOD8JFSTNB-FO
4DIFJOCFFSF*UBMJBOVWBEJNPOUF
6TBHFBWPSJOHQSPEVDUFTTFOUJBMPJM
1BSUT6TFEFTTFOUJBMPJM 8JOUFSHSFFOPJM
%VLF %VLF FU BM )BOFMU )PQQF 3UTDI (FOUJBOBLVSSPP3PZMF
3PUI,PSNBOO6QIPG8ZLFUBM
(FOUJBOBMVUFB-
(FJHFSJBBMBUB %$
0MJWFU)JFSO
$PNNPO/BNFTCJUUFS SPPU
ZFMMPX HFOUJBO 'SFODI
$PNNPO/BNFTXJOHFE(FJHFSJB(FSNBO(FHMHFMUF HSBOEFHFOUJBOF
HFOUJBOFKBVOF(FSNBO(FMCFS
(FJHFSJF &O[JBO
#JUUFSXVS[FM*UBMJBOHFO[JBOBNBHHJPSF
6TBHFTQJDF TBVDFCZ"SBCTJO&SJUSFB
HFO[JBOB HJBMMB 3VTTJBO HPSFUTDIBWLB TDIFMUBKB
1BSUT6TFEIFSC 4QBOJTIHFODJBOBBNBSJMMB
%JTUSJCVUJPO$
4USPQJDBM"GSJDBBOEPOJOUP"SBCJB 6TBHFBWPSJOH
BT UPOJD BOE GPS CJUUFST BOE CJUUFST
(&/5*"/"-(FOUJBO(FOUJBOBDFBF
(FOUJBOBQBOOPOJBDB4DPQ
1BSUT6TFESIJ[PNF
%JTUSJCVUJPOIJHINPVOUBJOTPG$&VSPQF*UBMZ
$[FDI
3FQVCMJD
4MPWBLJB
( 4JFCFSU
(FOUJBOBQVODUBUB-
1BSUT6TFESIJ[PNF
%JTUSJCVUJPOIJHINPVOUBJOT4BOE&$&VSPQF'SBODF
#BMLBO1FOJOTVMB
(FOUJBOBMVUFB
GMPXFSJOH
"JDIFMF4DIXFHMFS
'MFJTDIIBVFS )BHFS
)PQQF 4DIOGFMEFS 4FJEFNBOO 4FJEFNBOO
4JFCFSU
1BSUT6TFESIJ[PNF (FOUJBOBQVSQVSFB-
%JTUSJCVUJPONPVOUBJOT QBSUT PG 4 &VSPQF
4 &VSPQF
BOE&&VSPQFUP"TJBNJOPS $PNNPO/BNFTQVSQMFHFOUJBO(FSNBO1VSQVS&O
/PUFF QMBOU JT QSPUFDUFE JO (FSNBOZ BOE PUIFS [JBO
DPVOUSJFT1SFEPNJOBOUMZXJMEHSPXUITBSFVTFE 6TBHFBWPSJOHBTUPOJDBOEGPSCJUUFSTBOECJUUFSMJ
.PTUMZDVMUJWBUFEJOUSJBMTPSJOTNBMMBSFBT RVFVST (FOUJBOBMVUFB-
1BSUT6TFESIJ[PNF
"JDIFMF4DIXFHMFS
"SJP FU BM #SPEU $IFFST %JTUSJCVUJPOIJHINPVOUBJOTPG$&VSPQF'SBODF
*UBMZ
$IJBMWB FU BM $PJDJV3BD[ OP ZFBS
%VEUTDIFOLP FU
BOE/PSXBZ
BM'MFJTDIIBVFS'SBO['SJU[
)BHFS
)BOFMU )FFHFS )JMMFS.FM[JH )PINBOO FU BM
"JDIFMF4DIXFHMFS
'MFJTDIIBVFS )BHFS
)PQQF/FXBMMFUBM1TDIZSFNCFM4DIJFS
)PQQF 4DIOGFMEFS 4FJEFNBOO D 4FJEFNBOO
4DIVMU[F4DIOGFMEFS4DIVMU[F.PUFM4FJEFNBOO
4JFCFSU4UJDIFS.FJFS
D4FJEFNBOO4JFCFSU4IBSNB5VGFMFUBM
6QIPG 7FSPUUB 7JFM 8BHOFS.O[JOH7BTJSJBO
8FBMUIPG*OEJB
8TUFOGFME)BFOTFM8ZLFUBM
(&6.-"WFOT3PTBDFBF
(&/5*"/&--".PFODI'FMXPSU %JTUSJCVUJPO4PVUIFSO"MQTBOE"QFOOJOFTUPUIF#BM
(FOUJBOBDFBF LBOSFHJPO
83VTTJB
$SJNFB
"SDUBOEFS&SIBSEUFUBM
)BOFMU3PUI,PS
NBOO4DIVMU[F.PUFM6QIPG:FP
(FOUJBOBMMBDBNQFTUSJT -
#SOFS
$PNNPO/BNFT'FME(FOUJBOFMMF
6TBHFBWPSJOH GPS CJUUFS MJRVFVST BOE TVCTUJUVUF GPS (FSBOJVNNPTDIBUVN-
IPQT SBSFMZ
1BSUT6TFEIFSC &SPEJVNNPTDIBUVN -
-)FSJUFY"JU
%JTUSJCVUJPO&VSPQF
&SIBSEUFUBM'MFJTDIIBVFS4DIOFMMF (FSBOJVNPEPSBUJTTJNVN- (
1FMBSHPOJVNPEPSBUJTTJNVN -
-)SJUFY"JU
(&3"/*6.-$SBOFT#JMM
(FSBOJBDFBF
(FSBOJVNPEPSBUVN#VSN
(FSBOJVNDSJTQVN#FSH 1FMBSHPOJVNPEPSBUJTTJNVN -
-)SJUFY"JU
1FMBSHPOJVNDSJTQVN #FSH
-)SJUFY"JU
(FSBOJVNSFWPMVUVN+BDR
(FSBOJVNGSBHSBOT1PJS 1FMBSHPOJVNSBEFOT.PPS
1FMBSHPOJVNGSBHSBOT 1PJS
8JMME
(&6.-"WFOT
3PTBDFBF
(FSBOJVNHSBWFPMFOT5IVOC
1FMBSHPNJVNHSBWFPMFOT-)SJU (FVNDBSZPQIZMMFB(JMJC
(FVNVSCBOVN-
(FSBOJVNMVHSVCSF4BMJTC
(FSBOJVNNBDSPSSIJ[VN- (FVNMBYNBOOJ(BFSUO
$PMVSJBHFPJEFT 1BMM
-FEFC
(FSBOJVNNBDSPSSIJ[VN-
4ZOPOZNT(FSBOJVNMVHVCSF4BMJTC (FVNNPOUBOVN-
$PNNPO/BNFT#VMHBSJBO HFSBOJVN 'SFODI HSB
OJVN EFT #BMLBOT
HSBOJVN HSPTTFT SBDJOFT $PNNPO/BNFTBMQJOF BWFOT (FSNBO #FSH/FMLFO
(FSNBO%TUFSFS4UPSDITDIOBCFM
'FMTFO4UPSDI XVS[FM
5PSNFOUJMMXVS[FM
TDIOBCFM3VTTJBOHFSBOQSKBNKB 6TBHFTQJDF
6TBHFBWPSJOH QSPEVDU FTTFOUJBM PJM i;ESBXFU[ 1BSUT6TFESPPU
PJMu
%JTUSJCVUJPO&VSPQF 4DBOEJOBWJB BOE #SJUJTI *TMFT
1BSUT6TFEMFBG
IFSC NPVOUBJOT
/PUFFSPPUIBTBDMPWFMJLFUBTUFBOEXIFODMPWFT
(*/(,0-(JOHLP(JOHLPBDFBF
BSF OPU BWBJMBCMF UIF SPPU JT VTFE BT B TVCTUJUVUF "JDIFMF4DIXFHMFS
$PJDJV3BD[ OP ZFBS
%VEUTDIFOLP
FUBM&SIBSEUFUBM&SJDITFO#SPXO'MFJTDIIBVFS
GPSUIFN
)BHFS
)FFHFS)JMMFS.FM[JH)PQQF
/FXBMMFUBM1TDIZSFNCFM4DIOGFMEFS4DIVMU[F
"JDIFMF4DIXFHMFS
&SIBSEU FU BM )BHFS
.PUFM 4FJEFNBOO D 4IBSNB 6QIPG 7PMM
4FJEFNBOO
NBOO4DIVMU[FB
C8JFSTNB-FO8TUFOGFME)BFOTFM
8ZLFUBM
(FVNQPUFOUJMMPJEFT"JU
(*/(,0-(JOHLP
$PMVSJBHFPJEFT 1BMM
-FEFC (JOHLPBDFBF
( (FVNSJWBMF- (JOHLPCJMPCB-
$PNNPO/BNFT*OEJBO DIPDPMBUF SPPU
QVSQMF BWFOT
4ZOPOZNT(JOHLZP CJMPCB .BZS
4BMJTCVSJB CJMPCB
XBUFSBWFOT(FSNBO#BDI/FMLFOXVS[FM )PNBOOTFHH
6TBHFTQJDF $PNNPO/BNFTHJOHLP
NBJEFOIBJSUSFF$IJOFTFQBJ
1BSUT6TFESPPU LVP
ZJOH LVP 'SFODI BSCSF BVY RVBSBOUF DVT
%JTUSJCVUJPO&VSPQF
5VSLFZ
$BVDBTVT
8
& 4JCFSJB
HJOLHP
OPZFS EV +BQPO (FSNBO (JOHLPCBVN
$"TJB .EDIFOIBBSCBVN +BQBOFTF HJOLZP
HJOOBO
/PUFFSPPUIBTBMJLFDMPWFUBTUFBOEXIFODMPWFT ,PSFBOLIPOH3VTTJBOHJOLHP4QBOJTIBSCPMEF
BSF OPU BWBJMBCMF UIF SPPU JT VTFE BT B TVCTUJUVUF MPTFTDVEPT
GPSUIFN 6TBHFTQJDFGPSTPVQTBOEWFHFUBCMFTEJTIFT
1BSUT6TFETFFET
GSFRVFOUMZSPBTUFE
"JDIFMF4DIXFHMFS
$IFFST%VEUTDIFOLPFUBM %JTUSJCVUJPO4&$IJOB
+BQBODVMUJWBUFE
&SIBSEUFUBM&SJDITFO#SPXO'MFJTDIIBVFS)BHFS
)JMMFS.FM[JH4DIOGFMEFS4FJEFNBOOD $IFFST&SIBSEUFUBM)BOFMU-DL4DIVMU[F
5VGFMFUBM6QIPG .PUFM5VGFMFUBM6QIPG8JFSTFNB-FO
8ZLFUBM
(FVNVSCBOVN-
(JOHLZPCJMPCB.BZS
4ZOPOZNT$BSZPQIZMMBUBVSCBOB4DPQ
$BSZPQIZMMBUB
PDJOBMJT.PFODI
(FVNDBSZPQIZMMFB(JMJC (JOHLPCJMPCB-
$PNNPO/BNFTBWFOT SPPU
DMPWF SPPU
IFSC CFOOFU
XPPE BWFOT 'SFODI CFOPUF DPNNVOF (FS
NBO &DIUF /FMLFOXVS[FM
6SCBO/FMLFOXVS[FM (*4&,*"-
*UBMJBO DBSJPMMBUB
FSCB CFOFEFUUB
HBSPGBOBJB
"JU[PBDFBF
BNCSFUUB 3VTTJBO HSBXJMBU
HSBXJMBU BOUFUTDIOJK
HSBXJMBU HPSPETLPK
HPTEJUTDIOJL
HSFCFOOJL
UTDIJTUF[
CFOFEJLUPXBUSBXB
QPEMFTOJL4QBOJTI (JTFLJBQIBSNOBDFPJEFT-
DBSJPMBUB
SBEJDEF4BOCFOJUP
6TBHFTQJDF 6TBHFDPOEJNFOU
1BSUT6TFESPPU 1BSUT6TFEIFSC
%JTUSJCVUJPO&VSPQF
5VSLFZ
4ZSJB
/*SBR
$BVDBTVT
%JTUSJCVUJPOUSPQJDBM 8 "GSJDB .BMJ
/JHFS
/JHFSJB
/*SBO
84JCFSJB
8)JNBMBZBT
UFNQFSBUF"TJB 4FOFHBM&*OEJB
/8"GSJDBOBUJWFFMTFXIFSF
/PUF FSPPUIBTBMJLFDMPWFUBTUFBOEXIFODMPWFT
#VSLJMM
6QIPG
%BWJETPO'BDDJPMB)BOFMU6QIPG;FWFOEF
8FU
(MFDIPNBIFEFSBDFB-
4ZOPOZNT$BMBNJOUIB IFEFSBDFBF -
4DPQ
/FQFUB
HMFDIPNB#FOUI (-*/64-
$PNNPO/BNFTBMFIPPG
HJMMPWFSUIFHSPVOE
HSPVOE .PMMVHJOBDFBF
JWZ $IJOFTF MJFO DIJFO
PV IVP YVF EBO
UTBP
'SFODI HMDIPNF
DPVSSPJF EF 4BJOU +FBO
MJFSSF
UFSSFTUSF
SPOEFMFUUF (FSNBO (VOEFSNBOO
(MJOVTMPUPJEFT-
(VOEFMSFCF
&SE&GFV *UBMJBO FEFSB UFSSFTUSF
+BQBOFTFLBLJEPTIJ3VTTJBOCVESB
CVEFBQMKVT 4ZOPOZNT.PMMVHPIJSUBVOC
(
DIUTDIFXJEOBKB 4QBOJTI IJFESB UFSSFTUSF
TVNJ $PNNPO/BNFTIBJSZDBSQFUXFFE
IBJSZHMJOVT"SB
EBEEFIJFSCBUFSSFTUF CJDHIPCCFJSB
NPHIFJSB)JOEJHBOEJCVEJ
6TBHFTQJDF GPSTPVQT
6TBHFQPUIFSC
1BSUT6TFEMFBG
IFSC 1BSUT6TFEUFOEFSTIPPU
%JTUSJCVUJPO&VSBTJB
UFNQFSBUF"TJB
OBUJWF/"NFS %JTUSJCVUJPO*OEJB
$IJOB
JDB
/PUF6TF GPS BWPSJOH CFFS MJLF IPQT JO UIF .JEEMF "SPSB1BEOFZ
"HFTJO&OHMBOE
)BOFMU)VTBJOFUBM
(MFIOJBMJUPSBMJT'4DINJEUFY.JR
/PUFFCVMCJMTJTBMTPVTFEBTDBSEBNPN
"SPSB1BEOFZ&SIBSEUFUBM(V[NBO4JFNPOTNB
,VNBS0ZFO%VOH
(-0$)*%*0/'PSTUFSFU'PSTUFSG
&VQIPSCJBDFBF
(MPDIJEJPOMMBOPTJ.MM
B
( 4ZOPOZNT1IZMBOUIVTMMBOPTJ.MM
6TBHFTQJDF BWPSJOH
"SPSB1BOEFZ#PJT)BOFMU4DIVMU[F.PUFM
6QIPG
(-:$*/&8JMME4PZB#FBO
'BCBDFBF -FHVNJOPTBF
(MZDJOFBCSVT-
"CSVTQSFDBUPSJVT- C
(MZDJOFNBYBGSVJUT CTFFET
(MZDJOFIJTQJEB .PFODI
.BYJN
(MZDJOFNBY -
.FSS 6TBHFCBTJT PG DPOEJNFOU TPZB TBVDFT NJTP
TIPKV
UTJBOKFVFUD
1BSUT6TFETFFE
(MZDJOFNBY -
.FSS %JTUSJCVUJPOPSJHJO&"TJBPOMZDVMUJWBUFE
/PUFFTFFETBSFUIFCBTJTGPSUIFQSPEVDUJPO GFS
4ZOPOZNT(MZDJOFIJTQJEB .PFODI
.BYJN
(MZDJOF NFOUBUJPO
PG TPZB TBVDF BOE PUIFS TPZB QSPE
TPKB4JFCPMEFU;VDD
(MZDJOFVTTVSJFOTJT3FHFMFU VDUT
.BBDL
4PKBIJTQJEB .PFODI
.BYJN
$PNNPO/BNFTTPZB
TPZB CFBO "SBCJD GVM TVZBI #FOEFM#FVDIBU#PJT#SDLOFSFUBM$IFFST
%BWJETPO &SIBSEU FU BM
(FOPWFTF-BKPMP
$IJOFTFNBPEPV%VUDITPKBCPPO'SFODITPKB
(JBNJ
)BHFS
)BOFMU)FFHFS
TPZB (FSNBO 4PKBCPIOF *OEPOFTJBO LBDBOH )PQQF,BLBEFFUBM,IBEFS,VNBS-BN
LFEFMBJ *UBMJBO QJBOUB EJ TPJB +BQBOFTF TIPZV CPOJ FU BM -FXJOHUPO -JFOFS -JV .BSLMFZ
,PSFBO LIPOH .BMBZTJBO LBDBOH
TPZB QVUJI .B[[B0PIBN1TDIZSFNCFM1VSTHMPWF
1PSUVHVFTFTPKB4QBOJTITPKB
TPZB3VTTJBOTPKB
4DIFODL/BVOEPSG4FJEFNBOOD4POHFUBM5VGFM
FUBM5FVTDIFS5SVFC6FLJFUBM6QIPG
TPFXZKCPC4QBOJTIIBCBTEFTPZBT
GSJKPMEFTPZB
TPZBBJUIVBSBF
(-:$:33)*;"-o-JDPSJDF
-JRVPSJDF
4XFFUXPPE'BCBDFBF -FHVNJOPTBF
7PHU 8JFSTNB-FO 8ZL FU BM ;FWFOEF 8FU ZSSIJ[F (FSNBO %FVUTDIFT 4IPM[
(SJFDIJ
TDIFT 4IPM[
*UBMJFOJTDIFT 4IPM[
4QBOJTDIFT
4IPM[
-BLSJU[F )JOEJ NVMIBUUJ *UBMJBO MJRVJ
SJ[JB ,PSFBO NJOLBNDIP 1PSUVHVFTF BMDBV[
(MZDJOFTPKB4JFCPMEFU;VDD 3VTTJBO TPMPELB HPMBKB 4BOTLSJU NBEIVLB 4MP
WFOJBOTMBELESJFWLP4QBOJTIBMDB[V[
MJDSJ[F
(MZDJOFNBY -
.FSS PSP[V[
SFHBMJDJB
SFHBMJ[
6TBHFTQJDF
BWPSJOH UPCBDDP
MJRVFVST
QSPEVDU
MJRVPSJDF
(MZDJOFVTTVSJFOTJT3FHFMFU.BBDL 1BSUT6TFESPPU
%JTUSJCVUJPO&
4&BOE48&VSPQF
5VSLFZ
*SBO
UFN
(MZDJOFNBY -
.FSS QFSBUF"TJB
*OEJB
$IJOB
-JCZB
"SZTUBOPWB FU BM #JFMFOCFSH #VMMNBOO FU BM
(
$IBOEMFS $IFFST $PJDJV3BD[ OP ZFBS
$SB[F
(-:$:33)*;"-o-JDPSJDF
-JRVPSJDF
%BWJETPO%VLFFUBM%VEUTDIFOLPFUBM&SIBSEU
4XFFUXPPE'BCBDFBF -FHVNJOPTBF
FUBM'MFJTDIIBVFS(PSEPO+JOH)BHFS
)BOFMU )FFHFS )JMMFS.FM[JH )PINBOO FU BM
)PQQF ,XBTOJFXTLJ -FVOH -FXJOHUPO
(MZDZSSIJ[BEJPDIPSJEFT.FEJL -VUPNTLJ .B[[B0PNBI .JFUIJOH4QFJDIFS
#SJOLFS .PSSJT.BDLMFZ /FXBMM FU BM 1BDIBMZ
C 1TDIZSFNCFM 1VUTDIFS 4DIOGFMEFS
(MZDZSSIJ[BFDIJOBUB-
4DIVMU[F.PUFM4FJEFNBOOD4IBSNB4NBMM
4UFJOMFTCFSHFS 5VGFM FU BM 5VSPWB FU BM 6QIPG
8FJOCFSHFUBMC8JFSTFNB-FO8JMMJNPU
(MZDZSSIJ[BFDIJOBUB- 8TUFOGFME)BFOTFM8ZLFUBM;FWFOEF8FU
4ZOPOZNT(MZDZSSJ[BEJPDIPSJEFT.FEJL
$PNNPO/BNFT3PNBOMJRVPSJDF(FSNBO3NJTDI (MZDZSSIJ[BHSBOEJGMPSB5BVTDI
FT4IPM[
3VTTJTDIFT4IPM[
6TBHFTQJDF (MZDZSSIJ[BVSBMFOTJT'JTDIFY%$
1BSUT6TFESPPU
%JTUSJCVUJPO4&&VSPQF
5VSLFZ
4ZSJB
1BMFTUJOF
$BV
DBTVT
*SBO
&"TJB (MZDZSSIJ[BMFQJEPUB /VUU
1VSTI
4ZOPOZNT(MZDZSSIJ[BFDIJOBUB-FQFTDI
(MZDZSSIJ[B
PDJOBMJT-FQFDI
-JRVJSJUJBPDJOBSVN.FEJL
(MZDZSSIJ[BPGGJDJOBMJT-FQFDI
-JRVJSJUJBPDJOBMJT.PFODI
$PNNPO/BNFTDPNNPO MJDPSJDF
MJRVPSJDF
4QBOJTI (MZDZSSIJ[BHMBCSB-
MJRVPSJDF$IJOFTFGFOUTBP'SFODISHMJTTF
HMZD
(/"1)"-*6.-$VEXFFE"TUFSBDFBF $PNQPTJUBF
(MZDZSSIJ[BVSBMFOTJT'JTDIFY%$ (3&7&"#BJMM
(SPTTVMBSJBDFBF .POUJOJBDFBF
4ZOPOZNT(MZDZSSIJ[BHSBOEJPSB5BVTDI
$PNNPO/BNFT$IJOFTF MJDPSJDF
.BODIVSJBO MJ
RVPSJDF $IJOFTF HBO [BP
LBOO UTBP (FSNBO (SFWFBNBEBHBTDBSJFOTJT#BJMM
$IJOFTJTDIFT 4IPM[
3VTTJTDIFT 4IPM[
"OB
UPMJTDIFT4IPM[,PSFBOLBNDIP3VTTJBOTPMPE 6TBHFDPOEJNFOU
LBVSBMTLBKB 1BSUT6TFEGSVJU
6TBHFTQJDF %JTUSJCVUJPO&"GSJDB
.BEBHBTDBS
1BSUT6TFESPPU
%JTUSJCVUJPOUFNQFSBUF "TJB
*OEJB
.POHPMJB
& &V .BCCFSMFZ/FVXJOHFS
SPQF
DVMUJWBUFEFMTFXIFSF
( %BMCZ)BHFS
)BOFMU)PQQF-FVOH (6"+"$6.-
4DIVMU[F.PUFM4FJEFNBOOD4NBMM5BO5JBOXFJ
;ZHPQIZMMBDFBF
FU BM 5VGFM FU BM 5VSPWB FU BM 8JFSTFNB-PO
(VBKBDVNCJKVHVN4UPLFT
(/"1)"-*6.-$VEXFFE (VBKBDVNPDJOBMF-
"TUFSBDFBF $PNQPTJUBF
(VBKBDVNPGGJDJOBMF-
(OBQIBMJVNJOEJDVN-
4ZOPOZNT(VBKBDVNCJKVHVN4UPLFT
$PNNPO/BNFT*OEJBO DVEXFFE
UJOZ DVEXFFE $PNNPO/BNFTMJHOVNWJUBF'SFODICPJTEFWJF
HB
'SFODI HOBQIBMF EF MA*OEF (FSNBO *OEJTDIFT BDPDJOBM
HBZB(FSNBO(VBKBLCBVN
'SBO[P
3VISLSBVU3VTTJBOTVTDIFOJ[B TFOIPM[
1PDLIPM[ *UBMJBO HVBJBDP
MFHOP TBOUP
6TBHFQPUIFSC 3VTTJBO HWBKBLPWPF
CBLBVU 4QBOJTI HVBZBDBO
1BSUT6TFEMFBG OFHSP
QBMPTBOUP
%JTUSJCVUJPO*OEJB#JIBS 6TBHFTQJDF
BWPSJOH GPSIFSCMJRVFVS
1BSUT6TFEXPPE
SFTJO
"SPSB1BOEFZ2VBUUSPDDIJ %JTUSJCVUJPO8FTU*OEJFT)BJUJ
4BO%PNJOHP.FYJDP
1BOBNB
$PMVNCJB
7FOF[VFMB
/PUF*OUFSOBUJPOBM USBEF XJUI MJHOVN WJUBF BOE UIF
(SBOBUVNQVOJDVN4U-BH SFTJOIBTCFFOMJDFODFETJODF/PWFNCFS
1VOJDBHSBOBUVN- #FSHFS
#PVSUPO &SIBSEU FU BM
(SPX4DIBFSU[NBO )BHFS
)JMMFS.FM[JH
)PQQF-FXJOHUPO.BSUJOFU[-PIT.D/BZ8PPE
/FXBMM FU BM 1TDIZSFNCFM 3UTDI 4DIVM
(SBTUJEJVNTBMBDDFOTF#M U[F.PUFM4FJEFNBOOD5VGFMFUBM6QIPG
7UUJOFS1MFU[8JFSTFNB-FO8PMUFST8TUFO
%FOESPMPCJVNTBMBDDFOTF #M
-JOEMFZ GFME)BFOTFM8ZLFUBM
(VBKBDVNTBODUVN-
6TBHFDPOEJNFOUGPSDIVUOFZT
1BSUT6TFETFFE
%JTUSJCVUJPO&"GSJDB&UIJPQJB*OEJB
OBUJWFJO$BMJ
GPSOJB
#VSLJMM
&SIBSEU FU BM 6QIPG ;FWFOEF 8FU
(:./&."3#S
"TDMFQJBEBDFBF
(ZNOFBBGGJOF%FD
(
(ZNOFBTZMWFTUSF3#S
(ZNOFNBTZMWFTUSF3#S
4ZOPOZNT(ZNOFBBOF%FD
$PNNPO/BNFTNJSBDMF GSVJU )JOEJ HVSNBS
(VBKBDVNPGGJDJOBMF
GMPXFSJOH NFSBTJOHJ *OEJB BEJHBN
QPEBQBUSJ
LBWBMJ
EIVMFUJ
6TBHFQPUIFSC JO*OEJB
1BSUT6TFEMFBG
6TBHFTQJDF
BWPSJOH GPSIFSCMJRVFVS
%JTUSJCVUJPO1FOJOTVMBS *OEJB
$IJOB
*OEPDIJOB
1BSUT6TFEXPPE
SFTJO .BMBZTJB
"VTUSBMJB
8 USPQJDBM "GSJDB /BNJCJB
%JTUSJCVUJPO4 .FYJDP
8FTU *OEJFT
4& 64" 'MPSJEB
USPQJDBMBOE4PVUIFSO"GSJDB
$BSJCCFBO
.FTP"NFSJDB
/PUF(VBKBDVNTBODUVNXBTJOUSPEVDFEUP&VSPQFJO "SPSB1BOEFZ)BOFMU*SWJOFW,PFOFO6Q
IPG8FBMUIPG*OEJB
8JFSTFNB-FO
CZ4BO%PNJOHP
(6*;05*"$BTT/JHFS (ZOBOESPQTJTHZOBOESB -
#SJH
"TUFSBDFBF $PNQPTJUBF
$MFPNFHZOBOESB-
(VJ[PUJBBCZTTJOJDB -G
$BTT
(ZOBOESPQTJTQFOUBQIZMMB -
%$
$PNNPO/BNFTOJHFS TFFE
SBNUJM 'SFODI HVJ[PUJB
SBNUJM(FSNBO/JHFSTBBU
3BNUJMMLSBVU3VTTJBO $MFPNFHZOBOESB-
OVH NBTMKUTDIOZK *OEJB KBHOJ
LBEFMMV
LBMBUJM
SBNUJM
SBNBUJMB
(:/63"$BTTo7FMWFUQMBOU"TUFSBDFBF $PNQPTJUBF
(:/63"$BTTo7FMWFUQMBOU (ZOVSBTJOVBUB%$
"TUFSBDFBF $PNQPTJUBF
(ZOVSBQTFVEPDIJOB -
%$
(ZOVSBQSPDVNCFOT -PVS
.FSS
(:301)03".JZPTIJ
4ZOPOZNT(ZOVSBTBSNFOUPTB #MVNF
%$ -JDIFOBDFBF (ZSPQIPSBDFBF
( $PNNPO/BNFTWFMWFU
WFMWFUQMBOU(FSNBO/JFEFS
MJFHFOEF4BNUQBO[F
6TBHFBWPSJOH
DPOEJNFOU (ZSPQIPSBFTDVMFOUB.JZPTIJ
1BSUT6TFEMFBG
%JTUSJCVUJPOUSPQJDBM 8 "GSJDB
USPQJDBM "TJB $IJOB
4ZOPOZNT6NCJMJDBSJBFTDVMFOUB)PN
BJMBOE
*OEPOFTJB
.BMBZTJB
7JFUOBN $PNNPO/BNFT+BQBOFTFJXBUBLF
6TBHFTQJDF
#VSLJMM
%BWJFT
&SIBSEUFUBM4DIVMU[F.P 1BSUT6TFEESZMJDIFO
UFM4FJEFNBOOD
6QIPG
%JTUSJCVUJPONPVOUBJOTJO+BQBO
$IJOB
-DL5VGFMFUBM6QIPG
(ZOVSBQTFVEPDIJOB -
%$
4ZOPOZNT(ZOVSBTJOVBUB%$
$PNNPO/BNFTWFMWFU
WFMWFUQMBOU
6TBHFTQJDF
1BSUT6TFEMFBG
%JTUSJCVUJPOUSPQJDBM "GSJDB
USPQJDBM & BOE 4& "TJB
DVMUJWBUFEJO.BMBZTJB
7JFUOBNBOE+BWB
)&%&0."1FST )FEZDIJVNDPDDJOFVN#VDI)BNWBS
-BNJBDFBF -BCJBUBF
BVSBOUJBDVN3PYC
4ZOPOZNT)FEZDIJVNBVSBOUJBDVN3PTD
)FEFPNBQVMFHJPJEFT -
1FST $PNNPO/BNFTSFEHJOHFSMJMZ
TDBSMFUHJOHFSMJMZ(FS
NBO 3PUFS 4DINFUUFSMJOHTJOHXFS
4DIBSMBDISPUF
4ZOPOZNT$VOJMBQVMFHJPJEFT-
.FMJTTBQVMFHJPJEFT-
,SBO[CMVNF
;J[JQIPSBQVMFHJPJEFT -
%FTG 6TBHFLJUDIFOHBSEFOIFSC SBSFMZ
$PNNPO/BNFT"NFSJDBO GBMTF
QFOOZSPZBM
NPT 1BSUT6TFEIFSC
RVJUP QMBOU
QFOOZSPZBM
TRVBX NJOU
UJDLXFFE %JTUSJCVUJPO8)JNBMBZBT
(FSNBO'MPILSBVU
"NFSJLBOJTDIF1PMFZ.FYJ
DPQPMFP "VSPSB1BOEFZ&SIBSEUFUBM(VSJC'BLJNFUBM
,VNBS:VTVGFUBM
6TBHFTQJDF
BWPSJOHMJRVFVSTBOEGPPEQSPEVDUFT
TFOUJBMPJM
1BSUT6TFEMFBG
%JTUSJCVUJPO&/ "NFSJDB /FCSBTLB
8JTDPOTPO UP )FEZDIJVNDPSPOBSJVN,OJH
2VFCFD
/FX#SVOTXJDL"SLBOTBTBOE(FPSHJB
&$BOBEB $PNNPO/BNFTCVUUFSZ MJMZ
HBSMBOE PXFS
XIJUF
HJOHFS MJMZ #SB[JM 1PSUVHVFTF
BDVDFOB
MSJP
#PVSUPO $IBSBMBNCPVT &SIBSEU FU BM )BHFS
EPCSFKP $IJOFTF UV HJBOH IVP (FSNBO 8FJF
)BOFMU)JMMFS.FM[JH/FXBMMFUBME
4DINFUUFSMJOHTMJMJF
8FJF(JSMBOEFOCMVNF
8FJF
3PUI,PSNBOO 4DIVMU[F.PUFM 4FJEFNBOO D
4NBMM5VDLFS6QIPG8JFSTFNB-FO
,SBO[CMVNF+BQBOFTFIBOBTIVLVTIBBJNB
IBBIPOH
LSBUIBBJ
IBBOHIPOH
6TBHFTQJDF SBSFMZ
1BSUT6TFEPXFS
)&%:$)*6.+,OJH(JOHFS-JMZ %JTUSJCVUJPO)JNBMZBT
*OEJB
4SJ -BOLB
.BMBZTJB
;JOHJCFSBDFBF BJMBOE
"SPSB1BOEFZ(VSJC'BLJN#SFOEMFS(VSJC'BLJNFUBM
*UPLBXBFUBMB
C+BDRVBU,VNBS-BSTFOFU
)FEZDIJVNBVSBOUJBDVN3PYC
BM.PSTFUBM3UTDI.MMFS&CFMJOH5BP(VPEB
6QIPG8POH:VTVGFUBM
)FEZDIJVNDPDDJOFVN#VDI)BNWBSBVSBOUJBDVN
3PYC
4QSJOHFS7FSMBH#FSMJO)FJEFMCFSH
)&%:04.6.04X$IMPSBOUIBDFBF
*OVMBIFMFOJVN- &SIBSEUFUBM
)&-*$)3:46..JMM&WFSMBTUJOH )&-*05301*6.-)FMJPUSPQF
'MPXFS"TUFSBDFBF $PNQPTJUBF
5VSOTPMF#PSBHJOBDFBF
)FMJDISZTVNBOHVTUJGPMJVN -BN
%$ )FMJPUSPQJVNBSCPSFTDFOT-
)FMJDISZTVNJUBMJDVN 3PUI
%%PO 4ZOPOZNT)FMJPUSPQJVN DPSZNCPTVN 3VJ[ FU 1BW
)FMJPUSPQJVNQFSVWJBOVN-
$PNNPO/BNFTDIFSSZQJF
IFMJPQUSPQF'SFODIIMJP
)FMJDISZTVNJUBMJDVN 3PUI
%%PO USPQF (FSNBO 7BOJMMFCMVNF
1FSVBOJTDIF 4PO
OFOXFOEF
4USBVDIJHF4POOFOXFOEF1FSVEPDUP
4ZOPOZNT)FMJDISZTVNBOHVTUJGPMJVN -BN
%$)F WBJOJMMB3VTTJBOHFMJPUSPO4QBOJTIIFMJPUSPQP
MJDISZTVNTFSPUJOVN#PJTT 6TBHFBWPSJOH
$PNNPO/BNFTDVSSZ QMBOU
*UBMJBO FWFSMBTUJOH
JN 1BSUT6TFEMFBG
PXFS
NPSUFMMF 'SFODI JNNPSUFMMF EF *UBMJFOFS (FS %JTUSJCVUJPO4"NFSJDB1FSVDVMUJWBUFEFMTFXIFSF
NBO $VSSZLSBVU
*UBMJFOJTDIF 4BOETUSPICMVNF
3VTTJBO[NJO $IFFST&SIBSEUFUBM
)JMMFS.FM[JH4DIVM
U[F.PUFM8JFSTFNB-FO
6TBHFQPUIFSCQSPEVDUFTTFOUJBMPJM
1BSUT6TFEIFSC
)&.&30$"--*4-%BZMJMZ)FNFSPDBMMJEBDFBF -JMJBDFBF
"JDIFMF4DIXFHMFS
"TFO"SJTVNJ#PJT$IFFST
%BWJETPO&SIBSEU&SIBSEUFUBM'MFJTDIIBV
)FNFSPDBMMJTBVSBOUJBDB#BLFS
FS (SJFTCBDI#BUEPSG *OPVF FU BM
-DL
3PCFSUFUBM4DIVMU[F.PUFM4FJEFNBOOD
5VGFMFUBM6QIPG8)08JFSTFNB-FO
)
$PNNPO/BNFTPSBOHF DPMPSFE
EBZ MJMZ (FSNBO :VBO
0SBOHFGBSCFOF5BHMJMJF
6TBHFBWPSJOH
1BSUT6TFEPXFSCVE
PXFSMFBG )FNFSPDBMMJTHSBNJOFB"OES
%JTUSJCVUJPO$IJOB
,PSFB
)FNFSPDBMMJTNJOPS-
%BWJETPO&SIBSEU&SIBSEUFUBM
)FNFSPDBMMJTMJMJPBTQIPEFMVT-
)FNFSPDBMMJTDJUSJOB#BSPOJ
4ZOPOZNT)FNFSPDBMMJTBWB -
-
$PNNPO/BNFTMFNPO EBZ MJMZ 'SFODI MJT EVO KPVS $PNNPO/BNFTMFNPOEBZMJMZ
ZFMMPXEBZMJMZ'SFODI
(FSNBO;JUSPOFOPS8JMEF5BHMJMJF INSPDBMMF KBVOF
MJT BTQIPEMF
MJT KBVOF (FS
6TBHFBWPSJOH NBO (FMCF 5BHMJMJF
8JFTFO5BHMJMJF 3VTTJBO
1BSUT6TFEPXFSCVE
PXFSMFBG LSBTPEOFWTDIFMUZJ
%JTUSJCVUJPO$IJOB4DIFOTJ 6TBHFBWPSJOH
1BSUT6TFEESZPXFSCVE
PXFSMFBG
&SIBSEUFUBM %JTUSJCVUJPO*UBMZ
4MPWFOJB4&"MQT
OBUJWFJO&VSPQF
8
&4JCFSJB
"NVS
$IJOBDVMUJWBUFEFMTFXIFSF
)FNFSPDBMMJTGMBWB -
-
)FNFSPDBMMJTNJOPS.JMM
)FNFSPDBMMJTMJMJPBTQIPEFMVT-
4ZOPOZNT)FSNFSPDBMMJTHSBNJOFB"OES
$PNNPO/BNFTEXBSG ZFMMPX EBZ MJMZ
HSBTT MFBG EBZ
)FNFSPDBMMJTGVMWB -
- MJMZ
MJUUMFEBZMJMZ'SFODIINSPDBMMFOBJOF(FS
NBO,MFJOFPS4UFSO5BHMJMJF3VTTJBOLSBTPEOFW
4ZOPOZNT)FNFSPDBMMJTDSPDFB-BN NBMZK
)&.*%&4.643#S"TDMFQJBEFDFBF 1FSJQMPDBDFBF
)FSBDMFVNQFSTJDVN.JDIY
)&.*%&4.643#S
"TDMFQJBEFDFBF 1FSJQMPDBDFBF
$PNNPO/BNFT1FSTJBO DPXQBSTMFZ (FSNBO 1FS
TJTDIFS#SFOLMBV
1FSTJTDIF1FUFSTJMJF
6TBHFDPOEJNFOU JOQJDLMFT
)FNJEFTNVTJOEJDVT 8JMME
3#S 1BSUT6TFETFFE
) $PNNPO/BNFT*OEJBO TBSTBQBSJMMB
OVOOFSZ SPPU
%JTUSJCVUJPO*SBO
(FSNBO*OEJTDIF4BSTBQBSJMMF)JOEJBOBOUVNBM 6QIPG
)BOFMU +JSPWFU[ FU BM ,BSOJDL /BHBSBKBO3BP )&41&3&5)64".3PFNFS
/BHBSBKBO FU BM 4DIVMU[F.PUFM 6QIPG
3VUBDFBF
8FBMUIPG*OEJB
)FTQFSFUIVTBDSFOVMBUB 3PYC
.3PFN
)FQUBQMFVSVNBSPNBUJDVN4FFN
4ZOPOZNT-JNPOFBDSFOVMBUB3PYC
4DIFBSJBBSPNBUJDB)BSNT $PNNPO/BNFT)JOEJ CFMJ
UPOETIB
UPS FMBHB
OBZ
WJMB
OBZJCVMMBM*OEJBLBUUVOBSBLBO
6TBHFTQJDF
GPSTIBOENFBUEJTIFT
)FQUBQMFVSVNWFOVMPTVN4FFN 1BSUT6TFEGSVJU
%JTUSJCVUJPO*OEJBO
.ZBONBS
BJMBOE
48 $IJOB
4DIFBSJBWFOVMPTB 8SJHIUFU"SO
)BSNT -BPT
$BNCPEJB
7JFUOBNJO*OEJBBOE+BWBBMTP
DVMUJWBUFE
"QJBDFBF 6NCFMMJGFSBF
)&5&305)"-".64-FTT
)FSBDMFVNCVSNBOJDVN,VS[ &VQIPSCJBDFBF
6TBHFBWPSJOH )JCJTDVTMJOEMFZ8BMM
1BSUT6TFEQMBOU
%JTUSJCVUJPO"SHFOUJOBUP#SB[JM )JCJTDVTSBEJBUVT$BW
6QIPG
)JCJTDVTNPTDIBUVT4BMJTC
)&5&305)&$"$BTT "CFMNPTDIVTNPTDIBUVTTTQNPTDIBUVT.FEJL
"TUFSBDFBF $PNQPTJUBF
)JCJTDVTSBEJBUVT$BW
)FUFSPUIFDBJOVMPJEFT$BTT
4ZOPOZNT)JCJTDVT DBOOBCJVT .FSS
)JCJTDVT MJOEMFZ
$PNNPO/BNFTGBMTF HPMEFO BTUFS
.FYJDBO BSOJDB 8BMM
(FSNBO(PMEBTUFS
.FYJLBOJTDIF"SOJLB
6TBHFTQJDF BWPSJOH
TQPSBEJDBMMZ GPS MJRVFVST BOE
$PNNPO/BNFTLFOBGIJCJTDVT.FYJDPDMBWFMJOB
6TBHFQPUIFSC JO*OEJB
)
CJUUFST 1BSUT6TFEMFBG
1BSUT6TFEPXFS %JTUSJCVUJPO*OEJB,IBTJIJMMT
DVMUJWBUFEJO#SB[JMBOE
%JTUSJCVUJPO$"NFSJDB.FYJDP JO4&"TJBQSPCBCMZOBUJWFUP"TJBUSPQJDT
CVUOB
/PUF*O(FSNBOZPFOVTFEJOTUFBEPG UJWFXJEFMZJOUIF0MEBOE/FXXPSMEUSPQJDT
1J+FO5TBJFUBM1PVHFUFUBM1SBUU1TDIZSFNCFM
1VSTHMPWFD3PTT4DIFODL/BVOEPSG4DIJM
DIFS 4DIOGFMEFS 4DIVMU[F.PUFM 4FJEFNBOO )JMMJFMMBTIVBOHQBJFOTJT)8-J
D4IBSBG4JFNPOTNB1JMVFL4NBMM5VGFMFU
BM6EPZBTFLIBSB3BP6QIPG7JMMBNBSFUBM
8JFSTFNB-FO8JMTPO.FO[FM8ZLFUBM;FWFO $PNNPO/BNFT$IJOFTFIPSTFSBEJTI(FSNBO$IJOF
EF8FU TJTDIFS.FFSSFUUJDI
6TBHFTQJDF
) )JCJTDVTTVSBUUFOTJT-
1BSUT6TFESPPU
%JTUSJCVUJPO$IJOB
$"TJB
/PUF7BSJPVT-JTUFEVOEFS$PDIMFBSJB
4ZOPOZNT)JCJTDVTCJGVSDBUVT#MBODP
$PNNPO/BNFT1JMJQJOP BIJNJU
JOBCV
MBCPOH
.BCCFSMFZ
TBNQJOJU
6TBHFQPUIFSC
1BSUT6TFEMFBG )JSPNBVOEBSJPJEFT:FOEP
%JTUSJCVUJPOUSPQJDBM"GSJDBBOE"TJB
6OEBSJBVOEBSJPJEFT:FOEP
6QIPG
)0/$,&/:"&ISI
)JFSBDJVNKBWBOJDVN#VSNG $BSZPQIZMMBDFBF
&NJMJBKBWBOJDB #VSNG
$#3PC
)PODLFOZBQFQMPJEFT -
&ISI
UF(FSNBO%VFOEFT.BSJFOHSBT
%V.BSJFO
HSBT
7BOJMMFHSBT3VTTJBOMKBEOJLEVTDIJTUZJ
TVC
SPWLBEVTDIJTUBKB
UTDIBQPMPU
6TBHFTQJDF
BWPSJOHPGMJRVFVST
1BSUT6TFEMFBG
%JTUSJCVUJPO&VSPQF
UFNQFSBUF "TJB $BVDBTVT
"MBT
LB
$BOBEB
64"
"JDIFMF4DIXFHMFS
%VEUTDIFOLPFUBM&SIBSEUFUBM
)6.6-64-)PQ$BOOBCBDFBF
)06556:/*"5IVOC'JTIXPSU
4BVSVSBDFBF
)PVUUVZOJBDPSEBUB5IVOC
'PSTUFS (VBEBHOJ FU BM )BHFS
)BOFMU 1BSUT6TFEUIFQMBOUBTI
)OTFM4DIVM[)FFHFS)JMMFS.FM[JH)PINBOOFU %JTUSJCVUJPOUSPQJDBM 8 "GSJDB $BNFSPPO
$POHP
BM )PQQF ,B,PWBFWJ ,BUTJPEJT FU BM ;BJSF
BMTPDVMUJWBUFE*OEJB
4SJ-BOLB
,JFXJUUFUBM.BZFS.J[PCVDIJ4BUP
/FWF
/FXBMMFUBM1TDIZSFNCFM3PUI,PSNBOO )BOFMU4DIVMU[F.PUFM
4DIOGFMEFS4DIVMU[F.PUFM4FJEFNBOOD4FJEF
NBOO4JFCFSU4IBSNB4IBSQF-BXT4UFJOIBVT
4DIJFCFSMF 4UJFHMFS 5VGFM FU BM 5FVTDIFS
5VDLFS5SVFC6CJMMPT6QIPG7FS[FMF )ZHSPQIZMBTBMJDJGPMJB/FFT
) 7FSTDIVFSF FU BM 8JFSTNB-FO 8JMEJOH FU BM
8ZLFUBM;FWFOEF8FU
)ZHSPQIZMBBVHVTUJGPMJB3#S
):%30$)"3*4-'SPHCJU ):1&3*$6.-4U+PIOT8PSU
)ZESPDIBSJUBDFBF )ZQFSJDBDFBF
)ZESPDIBSJTDIFWFMBJSJ EF8JME
%BOEZ )ZQFSJDVNMBODFPMBUVN-BN
1BSUT6TFEUIFQMBOUBTIFT )ZQFSJDVNQFSGPSBUVN-
%JTUSJCVUJPO$"GSJDB
/PUF"TPVSDFPGFEJCMFTBMUFTBMUJTIJHIFSJOQP $PNNPO/BNFT QFSGPSBUFE
4U +PIOT 8PSU
IBSE
UBTTJVNDPOUFOUUIBOFEJCMFTBMU IBZ
LIMBXBUI XFFE
NJMMFQFSUJVT %VUDI
4JOUKBOTLSVJU 'SFODI NJMMFQFSUVJT QFSGPS
)BOFMU5JTTFSBOU IFSCF EF MB 4BJOU+FBO
DIBTTF EJBCMF (FS
NBO &DIUFT +PIBOOJTLSBVU
+PIBOOJTCMVU
,POSBETLSBVU
5QGFMIBSUIFV
5QGFM+PIBOOJT
):(301):-"3#S8JTUFSJB LSBVU *UBMJBO FSCB EJ 4BO (JPWBOOJ DPNVOF
"DBOUIBDFBF JQFSJDP
DBDDJBEJBWPMJ
QJMBUSP 3VTTJBO TXFSPCPK
QSPOTKPOOPMJTUOZK4QBOJTIDPSB[PODJMMP
IJQSJDP
IJFSCBEF4BO+VBO
)ZHSPQIZMBBOHVTUJGPMJB3#S 6TBHFTQJDF
TQPSBEJDBMMZ PG TI BOE CJUUFS MJRVFVST
QSPEVDUFTTFOUJBMPJM
4ZOPOZNT)ZHSPQIZMBTBMJDJGPMJB/FFT 1BSUT6TFEIFSC
$PNNPO/BNFTXBUFS XJTUFSJB (FSNBO 4DINBMCMU %JTUSJCVUJPO&VSBTJB
/8"GSJDB
USJHFS8BTTFSGSFVOE
4DINBMCMUUSJHF8JTUFSJF /PUF*OUIFUIUPUI$FOUVSZUIFIFSCXBTVTFE
6TBHFQPUIFSC UPTFBTPOCFFS
1BSUT6TFEMFBG
%JTUSJCVUJPO4&"TJB "JDIFMF4DIXFHMFS
"MCFSU.VMMFS "OH FU BM
"ZVHB3FCVFMUB #FSHFS
#FSHIGFS)M[M
#PVSUPO $IFFST $MBJS $PJDJV3BD[ OP ZFBS
"SPSB1BOEFZ&SIBSEUFUBM
):15*4+BDR-BNJBDFBF -BCJBUBF
$VJ"OH $[ZHBO %PSPTTJFW %VEUTDIFOLP FU BM #VSLJMM
%BM[JFM)BOFMU*SWJOF.BMBOFUBM
&SEFMNFJFS&SIBSEUFUBM&SJDITFO#SPXO 1BOUFUBM1FSFEB.JSBOEBFUBM6QIPG
'MFJTDIIBVFS'SBTDIJP(SBZFUBM)BHFS
(SVD[D[ZL )BOFMU )FFHFS )JMMFS.FM[JH
)PINBOO FU BM )M[M0TUSPXTLJ )PQQF -SU[
1MFTDIFS .BJTFOCBDIF,PWBS .B[[B0PNBI )ZQUJTTQJDJHFSB-BN
/FXBMMFUBM0SUIFUBM1PHJOTLZFUBM1TDIZSFN
CFM3PUI3PUI,PSNBOO4DIJMMJOH4DIO 4ZOPOZNT/FQFUBBNFSJDBOB"VC
GFMEFS4DIVMU[F.PUFM4FJEFNBOOD4IBSNB $PNNPO/BNFTCMBDL TFTBNF
CMBDL CFOJ TFFE
CVTI
4UPDINBM(SVT[D[ZL5VGFMFUBM5VSPWBFUBM6Q
NJOU$IJOFTFTVJYVDIBOHYJBOH(FSNBO4DIXBS
IPG 7BOIBFMFO7BOIBFMFO'BTUS 7JDLFSZ 8FZ
FSTEPSGFUBM8ZLFUBM [FS4FTBN
#VTDINJO[F1PSUVHVFTFNFOUSBTUP
6TBHFQPUIFSC
BWPSJOH JOTUFXTBOETBVDFT
1BSUT6TFETFFE BOEJUJTBMTPSPBTUFE
%JTUSJCVUJPO.FYJDPUP#SB[JM
(SFBUFS"OUJMMFTXJEFMZ
)ZQFSJDVNSFWPMVUVN7BIM OBUJWFJOUSPQJDBM"GSJDB
.BEBHBTDBSBOE"TJB
4ZOPOZNT)ZQFSJDVNMBODFPMBUVN-BN
/PUF$VMUJWBUFE UIFSF GPS JUT PJMZ TFFET F QMBOU JT
VTFECZUIF4BLBMBWBPG.BEBHBTDBSJOUIFQSFQB
)
$PNNPO/BNFTDVSSZCVTI
GPSFTUQSJNSPTF(FSNBO SBUJPOPGSVN
$VSSZCVTDI
6TBHFDPOEJNFOU #VSLJMM
%BM[JFM&SIBSEUFUBM*SWJOF,JOJ
FUBM,VNBS.PST3J[[JOJ.PSTFUBM0OBZ
1BSUT6TFEIFSC
BEFFUBM1VSTHMPWF3FIN&TQJH4DIVMU[F.PUFM
%JTUSJCVUJPO4"GSJDB 5VGFMFUBM6QIPG;FWFOEF8FU
+PGGF
)ZQUJTTVBWFPMFOT -
1PJU
):15*4+BDR
-BNJBDFBF -BCJBUBF
4ZOPOZNT#BMMPUB TVBWFPMFOT -
.BSSVCJVN JOEJDVN
#MBODPOPO#VSNG
$PNNPO/BNFTUFBCVTI
*OEJBO IPSFIPVOE
XJME
)ZQUJTBMCJEB)#, TQJLFOBSE 'SFODI HSPT CBVNFT
IJQUJT PEFVS
(FSNBO*OEJTDIFS"OEPSO
8PIMSJFDIFOEFS"O
6TBHFBWPSJOHPGGPPE EPSO
#VTDINJO[F)JOEJCJMBUJUVMTJ
HBOHBUVMTJ
1BSUT6TFEMFBG *OEPOFTJBO MBNQFTBO
KVLVU CBV
NBOHLBNBOH
%JTUSJCVUJPO.FYJDP +BQBOFTF OJPJOJHBLVTB .BMBZTJBO NBMCBS IV
UBO
QPLPL LFNBOHJ .FYJDP DIP HPSEB
DIB
6QIPG HSBOEF1JMJQJOPBNPUBO
TVPCLBCBZP
MPLPMPLP
1PSUVHVFTF CBNCVSSBM
NFOUSBTUPHSBOEF 3VT
TJBO JTTPQ 4QBOJTI DIBP
IJFSCB EF MBT NVFMBT
)ZQUJTQFDUJOBUB -
1PJU IPSUFMBEPDBNQP
PSHBOPDJNBSSPOBJLBSB
NBFOHMBLLIB
$PNNPO/BNFTDPNCIZQUJT
XJMENJOU4QBOJTIIJFS 6TBHFTQJDF
BWPSJOHQSPEVDUFTTFOUJBMPJM
CBEFCVSSP
YPMUFYOVL 1BSUT6TFETIPPUUJQ
MFBG
6TBHFBWPSJOH %JTUSJCVUJPOOBUJWFUSPQJDBM"NFSJDB
OBUVSBMJ[FEQBO
1BSUT6TFEMFBG USPQJDBM
JODMVEJOH 4& "TJB 8 "GSJDB
BMTP DVMUJ
%JTUSJCVUJPO8 "GSJDB (IBOB
(VJOFB UP $BNFSPPO
WBUFEJO.FYJDPBOE*OEJB
*WPSZ$PBTU
/JHFSJB.FYJDP /PUFFQMBOUIBTBNJOUBWPS
/PUF*O*WPSZ$PBTUBOE6QQFS7PMUBJUJTNJYFEXJUI
WBSJPVT TQJDFT "GSPNPNVN NFMFHVFUB
;JOHJCFS "INFE FU BM "SPSB1BEOFZ "TFLVO&LVOEBZP
"[FWFEP FU BM #PVSUPO 'VO4WFOETFO B (V[
PDJOBMJT
1JQFSOJHSVN
FUD
):440164-o)ZTTPQ-BNJBDFBF -BCJBUBF
NBO4JFNPOTNB)BOFMU*XVFUBM-BJMZ%JOFUBM )ZTTPQVTPGGJDJOBMJT-
.BMMBWBSBPVFUBM.JTSBFUBM.PST3J[[JOJ
0ZFO%VOH1BOUFUBM4DIVMU[F.PUFM5VGFMFU
4ZOPOZNT)ZTTPQVT BOHVTUJGPMJVT . #JFC
)ZTTPQVT
BM5VDLFS6QBEIZBZFUBM6QIPG7JMMBNBSFU
BM8JFSTFNB-PO8VMGG;FWFOEF8FU
DJOFSBTDFOT +PSEFU'PVSS
#SFW
$PNNPO/BNFTIZTTPQ $IJOFTF TIFO YJBOH DBP
'SFODI IZTPQF
IFSCF TBDSF (FSNBO :TPQ
&JTPQ
*TPQ
+PTFQITLSBVU
,MPTUFSZTPQ)JOEJKV
):440164-o)ZTTPQ QIB*UBMJBOJTTPQP1PSUVHVFTFIJTTPQP3VTTJBO
-BNJBDFBF -BCJBUBF
JTTPQ
JTTPQ PCZLOPXFOOZK
HJTPO
TJTPO
KVTFB
TJOJK TXFSPCPK 4BOTLSJU KVQIB 4QBOJTI IJTPQP
SBCJMMPEFHBUP
)ZTTPQVTBOHVTUJGPMJVT.#JFC 6TBHFTQJDF
QPUIFSC QSPEVDU FTTFOUJBM PJM BOE FT
TFODF GPSMJRVFVSTFH#FOFEJDUJOF
$IBSUSFVTF
)ZTTPQVTPDJOBMJT- ,BSUVTFSFUD
) 1BSUT6TFEMFBG
PXFSJOHUPQT
%JTUSJCVUJPO4
$BOE&&VSPQF
/8"GSJDB
48"TJB
)ZTTPQVTBOJTBUVT/VUU $BVDBTVT
"OBUPMJB
/*SBO
UP8)JNBMBZBT
OB
UJWFJOQBSUTPG&VSPQFBOE/"NFSJDB
"HBTUBDIFGPFOJDVMVN 1VSTI
,VOU[F /PUF1PMZNPSQIJDTQFDJFT
*MMJDJVNBOJTBUVN-
*MMJDJVNGMPSJEBOVN&MMJT
4ZOPOZNT*MMJDJVNSFMJHJPTVN4JFCFU;VDD
$PNNPO/BNFTBOJTFFEUSFF
CBTUBSETUBSBOJTF
+BQB $PNNPO/BNFT'MPSJEBTUBSBOJTF
QVSQMFBOJTF(FS
OFTFTBDSFEBOJTFQPJTPOCBZ$IJOFTFNBOHUTBP
NBO'MPSJEB4UFSOBOJT
QBDIJPLTJBOH'SFODIBOJTEF$IJOF
CBEJBOFEF 6TBHFTQJDFQSPEVDUFTTFOUJBMPJM 'MPSJEBTUBSBOJTF
$IJOF(FSNBO4IJLJNJGSVDIU
+BQBOJTDIFS4UFS PJM
'MPSJEBBOJTFPJM
&SIBSEUFUBM
)BOFMU3UTDI4DIVMU[F.PUFM
4FJEFNBOOD4FJEFNBOO4JFCFSU4UBFTDIF
*MMJDJVNQBSWJGMPSVN.JDIYFY7FOU
5FVTDIFS 6QIPG 7JMMBNBS FU BM ;OHMFJO FU BM
;FWFOEF8FU
$PNNPO/BNFTZFMMPX TUBS BOJTF (FSNBO (FMCFS
4UFSOBOJT
6TBHFTQJDFQSPEVDUFTTFOUJBMPJMGSPNUIFCBSLBOE
*MMJDJVNBOJTBUVN-PVS GSVJUT ZFMMPXTUBSBOJTFPJM
1BSUT6TFEGSVJU
TFFE
*MMJDJVNWFSVN+%)PPLG %JTUSJCVUJPO$'MPSJEB MPDBMBOESBSF
/PUFFFTTFOUJBMPJMIBTBIJHITBGSPMFDPOUFOU PWFS
*MMJDJVNDBNCPEJBOVN)BODF
5VDLFS.BDJBSFMMP6QIPG
$PNNPO/BNFT$BNCPEJBOTUBSBOJTF(FSNBO,BN
CPETDIB4UFSOBOJT
6TBHFTQJDF MPDBMMZ
QSPEVDUFTTFOUJBMPJM $BNCP *MMJDJVNSFMJHJPTVN4JFCFU;VDD
EJBOTUBSBOJTFPJM
$BNCPEJBOBOJTFPJM
4QSJOHFS7FSMBH#FSMJO)FJEFMCFSH
*/6-"-'MFBCBOF"TUFSBDFBF $PNQPTJUBF
*MMJDJVNTUFMMBUVN-
*MMJDJVNWFSVN)PPLG
*MMJDJVNWFSVN)PPLG
#FSHFS
#PJT#PVSUPO$IFFST$SB[F
$V FU BM C %BMCZ %BWJETPO %VEUTDIFOLP FU BM
*OVMBIFMFOJVN-
%VLFFUBM&SIBSEUFUBM
'BSSFMM(V[
NBO4JFNPOTNB)BHFS
)BOFMU)FFHFS
)JMMFS.FM[JH)PINBOOFUBM,NQG4UFJOFHHFS 4ZOPOZNT"TUFS IFMFOJVN 4DPQ
"TUFS PDJOBMJT "MM
,BUBPLB FU BM -FVOH .FMDIJPS,BTUOFS .PSSJT )FMFOJVNHSBOEJPSVN(JMJC
.BDLMFZ/PSNBO1PSUBFUBM1SVUIJ1TDIZ $PNNPO/BNFTFMFDBNQBOF
TDBCXPSU
WFMWFUEPDL
ZFM
SFNCFM 3PUI,PSNBOO 4DIOGFMEFS 4DISEFS MPXTUBSXPSU'SFODIBSPNBUFHFSNBOJRVF
HSBOEF
4DIVMU[F FU BM 4DIVMU[F.PUFM 4FJEFNBOO
BVOF
FOVMFDBNQBOF
IMOF
JOVMF(FSNBO&DI
D4JFXFL4NBMM4UBFTDIF5VGFMFUBM
5FVTDIFS 5VBO*MBOHBOUJMFLF 5VSPWB FU BM 6IM UFS"MBOU
)FMFOFOXVS[FM
0MBOE
0UUXVS[FM)JOEJ
6QIPG7JMMBNBSFUBM8)08JFSTFNB-FO QPILBSNVM*UBMJBOFOVMBDBNQBOB
FMFOJP
JOVMB
8TUFOGFME)BFOTFM8ZLFUBM;OHMFJO4DIVM[F ,PSFBO NPLIZBOH 1PSUVHVFTF FOVMB DBNQBOB
;OHMFJOFUBM;FWFOEF8FU 3VTTJBOEFXKBDJMXZTPLJK4BOTLSJUQVTLBSBNVMB
4MPWFOJBO PNBO QSBW 4QBOJTI OVMB DBNQBOB
SB[EFMNPSP
6TBHFTQJDFQSPEVDUFTTFOUJBMPJM
1BSUT6TFESIJ[PNF
*3*4-*SJT*SJEBDFBF
*SJTHFSNBOJDB-WBSPSFOUJOB%ZLFT
*OVMBWJTDPTB -
"JU
4ZOPOZNT%JUUSJDIJBWJTDPTB -
(SFVU *SJTHFSNBOJDB-
$PNNPO/BNFTWJTDPVT FMFDBNQBOF
HMVFZ FMFDBN
QBOF(FSNBO,MFCSJHFS"MBOU
6TBHFTQJDF
$PNNPO/BNFTBH JSJT
DPNNPO JSJT
(FSNBO JSJT
PSSJT'SFODIJSJTDPNNVO
JSJTE"MMFNBHOF(FS
*
$PNNPO/BNFTSIJ[PNF NBO %FVUTDIF 4DIXFSUMJMJF
6OFDIUF 7FJMDIFO
%JTUSJCVUJPO.FEJUFSSBOFBOSFHJPOT
/"GSJDB
$BOBSZ XVS[FM*UBMJBOHJBHHJPMP
JSJT
*TMBOET 6TBHFTQJDF
1BSUT6TFESIJ[PNF
#SUFMT)BHFS
6TIFS %JTUSJCVUJPO48 &VSPQF *CFSJB
'SBODF
&$ &VSPQF
5VSLFZ
1BMFTUJOF
/8 "GSJDB
OBUJWF JO &VSPQF
BMTPDVMUJWBUFE
*1)&*0/3BG4QSJOH4UBSGMPXFS /PUFFQMBOUJTGSFRVFOUMZDVMUJWBUFEJOHBSEFOT
"MMJBDFBF -JMJBDFBF
*YPSB-
3VCJBDFBF
*YPSBDPDDJOFB-
#VSLJMM
&OHMFS1IVNNBJ&SIBSEUFUBM(VSJC
'BLJN#SFOEMFS1MPULJO6QIPG
+
+
+BNCPMJGFSBPEPSBUB-PVS $IBVIBO&SIBSEUFUBM4IBSNB8JFSTFNB-FO
"DSPODIJBPEPSBUB -PVS
#BJMM
+BTNJOVNPEPSBUJTTJNVN-
+BNCPMJGFSBSFTJOPTB-PVS
$PNNPO/BNFTZFMMPX KBTNJOF +BQBOFTF LJOTPLFJ
"DSPODIJBQFEVDVMBUB -
.JR (FSNBO%V+BTNJO
(FMCFS+BTNJO
6TBHFTQJDF
BWPSJOHPGUFB
1BSUT6TFEPXFS
+"4.*/6.-+BTNJOF
+FTTBNJOF %JTUSJCVUJPO$BOBSZ *TMBOET
.BEFJSB
DVMUJWBUFE JO
0MFBDFBF 4'SBODFBOE5BJXBO
&SIBSEU FU BM 4DIVMU[F.PUFM 5BNBHBNJ FU BM
5VGFMFUBM5SVKJMMPFUBM6QIPG
+BTNJOVNGMPSJCVOEVN3#SFY'SFTFO
+BTNJOVNHSBOEJPSVNGPSNBHSBOEJPSVN -
,PCVTLJ +BTNJOVNPGGJDJOBMF-
$PNNPO/BNFT DPNNPO
XIJUFKBTNJOF
KFTTBNJOF
+BTNJOVNHSBOEJGMPSVN- $IJOFTFTPITJOH
TVGBOHIVB
ZFITJNJOH%VUDI
KBTNJKOCMPFTFO'SFODIKBTNJODPNNVO(FSNBO
+BTNJOVNPDJOBMF-GHSBOEJPSVN &DIUFS +BTNJO
8FJFS +BTNJO *OEJB DIBNCB
DIBNCFMJ*UBMJBOHFMTPNJOP1PSUVHVFTFKBTNJO
3VTTJBOTIBTNJO4QBOJTIKBTNOCMBODP
KB[NJO
+BTNJOVNIVNJMF- CMBODP
6TBHFTQJDF
BWPSJOH GPSUFB
QSPEVDUFTTFOUJBMPJM
$PNNPO/BNFT *OEJBO
ZFMMPX KBTNJOF
*UBMJBO KBT QFSGVNFSZ
NJOF$IJOFTFBJUBODIVO(FSNBO*UBMJFOJTDIFS 1BSUT6TFEPXFS
+BTNJO
*OEJTDIFS+BTNJO
(FMCFS+BTNJO %JTUSJCVUJPO)JNBZBT
*OEJB ,BTINJS
48 $IJOB
6TBHFBWPSJOH $BVDBTVT*SBOOBUJWF4&VSPQF
XJEFMZDVMUJWBUFE
1BSUT6TFEPXFS BOETPNFUJNFTOBUJWF
%JTUSJCVUJPO$ "TJB
3VTTJBO .JEEMF "TJB
*OEJB
48
$IJOB
"GHIBOJTUBO
.ZBONBS #PVSUPO$IFFST&SIBSEUFUBM
(SBTTF
.VMMFS 4DIVMU[F.PUFM 4FJEFNBOO D 4IBSNB
4QSJOHFS7FSMBH#FSMJO)FJEFMCFSH
+6(-"/4-8BMOVU+VHMBOEBDFBF
+BTNJOVNPGGJDJOBMF-GHSBOEJGMPSVN -
+BUSPQIBIFVEFMPUUJ #BJMM
1JFSSFFY1BY
,PCVTLJ
3JDJOPEFOESPOIFVEFMPUJJ #BJMM
1JFSSFFY1BY
4ZOPOZNT+BTNJOVNPSJCVOEVN3#SFY'SFTFO
$PNNPO/BNFT$BUBMPOJBO KBTNJOF
*UBMJBO KBTNJOF
KBTNJOF 'SFODI KBTNJOF HSBOEFT FVST (FS +6(-"/4-8BMOVU+VHMBOEBDFBF
NBO(SPCMUJHFS+BTNJO*UBMJBOHFMTPNJOP
6TBHFTQJDF BWPSJOH
QSPEVDUFTTFOUJBMPJM
1BSUT6TFEPXFS
%JTUSJCVUJPO48"SBCJB
BMTPDVMUJWBUFE +VHMBOTOJHSB-
+BTNJOVNTBNCBD -
"JU
+VHMBOTSFHJB-
4ZOPOZNT/ZDUBOUIFTTBNCBD-
$PNNPO/BNFT"SBCJBO KBTNJOF
CJCMJDBM KBTNJOF
$PNNPO/BNFT&OHMJTIXBMOVU
.BEFJSBOVU
1FSTJBO
TBNCB
5VTDBO KBTNJOF $IJOFTF NP MJ IVB XBMOVU"SBCJBOKP[
OBLTITPVBL
[PV[$IJOFTF
'SFODIKBTNJOE"SBCJF(FSNBO"SBCJTDIFS+BT DIFUBP
IV UBP %VUDI XBMOPPU 'SFODI OPZFS
NJO
1FSTJTDIFS+BTNJO*OEJBCFMB
NPHISB
[BN DPNNVO(FSNBO&DIUF8BMOVTT
8FMTDIF8BM
CBD.BMBZTJBONFMBUJ
NFMPS1JMJQJOPLBNQVQPU
OVTT*UBMJBOOPDFOPTUSBOB
OPDFDPNVOF
OPDF
TBNQBHVJUB1PSUVHVFTFCPHBSJN
KBTNJO4QBO QFSTJBOB +BQBOFTF DIPTFOHVSVNJ ,PSFBO IP
JTI KB[NO EF "SBCJB BJ NBMJ MBB
NBMJ TPO
EVOBNV 1PSUVHVFTF OPHVFJSB DPNVO 3VTTJBO
NBMJXBO PSFDI HSF[LJK 4QBOJTI FTDVFSOP
IPKB EF OPHBM
6TBHFTQJDF
BWPSJOHPGUFBQSPEVDUFTTFOUJBMPJM OPHBMDPNO
OPHBMJOHMT
1BSUT6TFEPXFS 6TBHFBWPSJOHJOUIFMJRVPSJOEVTUSZ
%JTUSJCVUJPO*OEJB
4SJ-BOLBXJEFMZDVMUJWBUFEJOUIF 1BSUT6TFETIFMM
5SPQJDT %JTUSJCVUJPO$BVDBTVT
3VTTJB
$"TJB
8"TJB
*OEJB
/PUFFA(SBOE%VLFPG5VTDBOZJTBMMFETPSU 4&&VSPQF
XJEFMZOBUJWF
FMTFXIFSFJOUFNQFSBUF
SFHJPOT
.PMEBWJB
"SPSB1BOEFZ#VSLJMM
$IFFST&OHFM1IVNNBJ /PUF .BOZWBSJFUJFTIBWFCFFOEFTDSJCFE
&SIBSEUFUBM*UPFUBM+BDRVBU,PUUFHPEB
+645*$*"-o8BUFS8JMMPX"DBOUIBDFBF
+VOJQFSVTDPNNVOJT-
6TBHFQPUIFSC
1BSUT6TFEMFBG
%JTUSJCVUJPO*OEJB
"SPSB1BEOFZ,PUUFHPEB
+
,
,
,BETVSBDIJOFOTJT5VSD[
4DIJTBOESBDIJOFOTJT5VSD[
#BJMM
,"&.1'&3*"-,BFNQGFSJB
;JOHJCFSBDFBF
,BFNQGFSJBBFUIJPQJDB 4DIXFJOG
#FOUI
4JQIPOPDIJMVTBFUIJPQJDVT 4DIXFJOG
#-#VSUU
,BFNQGFSJBHBMBOHB-
4ZOPOZNT,BFNQGFSJBIVNJMJT4BMJTC
,BFNQGFSJBTFT
TJMJT,PFOJH
$PNNPO/BNFT&BTU*OEJBOHBMBO HBM
HBMBOHB
TQJDF
MJMZ
SFTVSSFDUJPOMJMZ(FSNBO$IJOFTJTDIFS(BM B
1BSUT6TFESIJ[PNF
MFBG
%JTUSJCVUJPO*OEJBO
4SJ -BOLB 4& "TJB +BWB
1IJMJQ
QJOFT
/FX(VJOFB
"GSJDB4VEBO
BMTPDVMUJWBUFE
/PUFFSPPUQPXEFSBMTPVTFEBTBQFSGVNFJODPT C
NFUJDT
FHTIBNQPPT ,BFNQGFSJBHBMBOHBBGMPXFSJOH
CGSFTISIJ[PNT
4QSJOHFS7FSMBH#FSMJO)FJEFMCFSH
,-"*/&%09"1JFSSFFY&OHM*SWJOHJBDFBF 4JNBSPVCBDFBF
,BFNQGFSJBIVNJMJT4BMJTC
,BFNQGFSJBTFTTJMJT,PFOJH
,BFNQGFSJBHBMBOHB-
,BFNQGFSJBHBMBOHB-
,BFNQGFSJBMPOHB+BDR
,BFNQGFSJBWFSTJDPMPS4BMJTC
,BFNQGFSJBSPUVOEB-
,BFNQGFSJBSPUVOEB-
, ,BFNQGFSJBPWBUB3PTD
,-"*/&%09"1JFSSFFY&OHM
#PFTFOCFSHJBSPUVOEB -
.BOTG *SWJOHJBDFBF 4JNBSPVCBDFBF
,BFNQGFSJBQBOEVSBUB3PYC ,MBJOFEPYBHBCPOFOTJT1JFSSFFY&OHM
#PFTFOCFSHJBSPUVOEB -
.BOTG $PNNPO/BNFT4PVUI"GSJDBOQFQQFSUSFF
NPVOUBJO
TFSJOHB
XJME
QFQQFSUSFF4"GSJDBTMBQMPPU
XJU
TFSJOH
,BFNQGFSJBSPUVOEB- 6TBHFTQJDF
1BSUT6TFETFFE
#PFTFOCFSHJBSPUVOEB -
.BOTG %JTUSJCVUJPOUSPQJDBM8"GSJDB*WPSZ$PBTU
$BNFSPPO
$POHP
;BJSF
(BCPO
,BFNQGFSJBSPUVOEB- #PJT)BOFMU.BCCFSMFZ/FVXJOHFS6QIPG
,OFNBCJDPMPS3BU ,SBNFSJBUSJBOESB3VJ[FU1BW
,OFNBDPSUJDPTB-PVS ,:--*/(*"3PUUC
$ZQFSBDFBF
4ZOPOZNT,OFNB CJDPMPS 3BU
.ZSJTUJDB DPSUJDPTB
)PDLG
$PNNPO/BNFT'SFODI NVTDBEJFS TVJG (FSNBO ,ZMMJOHJBFSFDUB4DIVN
%JDLSJOEJHFS.VTLBUCBVN
6TBHFTQJDF $PNNPO/BNFTHSFBUFSLZMMJOHJB
XIJUFLZMMJOHJB
1BSUT6TFETFFE 6TBHFBWPSJOH
%JTUSJCVUJPO*OEPDIJOB
.ZBONBS
BJMBOE 1BSUT6TFESIJ[PNF
%JTUSJCVUJPO8 "GSJDB UIF (BNCJB
.BMJ
/JHFS
6QIPG 4FOFHBM
4JFSSB-FPOF
/PUFFSIJ[PNJTBSPNUJDXJUIBSBUIFSCJUUFSUBTUF ,
,045&-&5;,":"$1SFTM #VSLJMM
%BM[JFM
.BMWBDFBF
,ZMMJOHJBQVNJMB.JDIY
,PTUFMFU[LBZBBEPFOTJT )PDITU
.BTUFST
6TBHFBWPSJOH
$PNNPO/BNFT(FSNBO,PTUFMFU[LBCMUUFS 1BSUT6TFESPPU
6TBHFBWPSJOHPGQBMNXJOF %JTUSJCVUJPOUFNQFSBUF BOE USPQJDBM "NFSJDB
8 "G
1BSUT6TFEMFBG SJDB/JHFSJB
%JTUSJCVUJPO$BNFSPPO
/JHFSJB
;BJSF
#VSLJMM
%BM[JFM
#VSLJMM
)BOFMU/FVXJOHFS
,ZMMJOHJBTRVBNVMBUB3IPOO
,3".&3*"-FY-PFGM
,SBNFSJBDFBF 6TBHFBWPSJOH
1BSUT6TFEDVMNCBTF
%JTUSJCVUJPO8"GSJDB4FOFHBM
5BO[BOJB
6HBOEB
,SBNFSJBMBQQBDFB %PNC
#VSEFUFU##
#VSLJMM
4ZOPOZNT,SBNFSJBUSJBOESB3VJ[FU1BW
$PNNPO/BNFTSIBUBOZ
1FSVWJBO SIBUBOZ 'SFODI
LSBNSJB
SIBUBOJB (FSNBO 3PUF
3BUBOIJB
,ZMMJOHJBUFOVJGPMJB4UFVE
1BZUB3BUBOIJB*UBMJBOSBUBOIJB4QBOJTISBUBOJB
6TBHFTQJDF GPSMJRVFVST
6TBHFBWPSJOH
1BSUT6TFESPPU 1BSUT6TFEDVMNCBTF
%JTUSJCVUJPO4"NFSJDB#PMJWJB
$IJMF
1FSV %JTUSJCVUJPO8"GSJDB/JHFSJB
,:--*/(*"3PUUC$ZQFSBDFBF
#VSLJMM
,ZMMJOHJBVNCFMMBUB3PUU
.BSJTDVTBMUFSOJGPMJB7BIM
,
-
-
-"$5"3*64'S 1BSUT6TFEMFBG
3VTTVMBDFBF %JTUSJCVUJPO*OEJB
"SPSB1BOEFZ
-BDUBSJVTIFMWVT 'S
'S
6TBHFBWPSJOHPGTPVQTBOETBMBET
1BSUT6TFEGSVJUCPEJFT QVMWFSJ[FE
1PMZHPOVNPSJFOUBMF-
%JTUSJCVUJPOUFNQFSBUF[POFTJOTPNFDPVOUSJFTPG&V
SPQF
-BMMFNBOUJBJCFSJDB #JFC
'JTDI&U.FZ
(FSIBSEU,MO6QIPG
%SBDPDFQIBMVNJCFSJDVN#JFC
-"$56$"--FUUVDF
"TUFSBDFBF $PNQPTJUBF
-".*/"3*"+7-BNPVS
-BNJOBSJBDFBF
-BDUVDBDBOBEFOTF-
-BNJOBSJBKBQPOJDB+"SFTDIPVH
$PNNPO/BNFTXJME$BOBEJBOMFUUVDF(FSNBO,BOB
EJTDIFS-BUUJDI $PNNPO/BNFTLFMQ$IJOFTFIBJEBJ
UBJUBJ(FSNBO
6TBHFQPUIFSC +BQBOJTDIFS#MBUUUBOH
+BQBOJTDIF#SBVOBMHF
,FMQ
1BSUT6TFEMFBG +BQBOFTFNBLPOCV
ZFCJTVNF
TIJOPSJLPNCV
%JTUSJCVUJPO/"NFSJDB
8*OEJFT 6TBHFTQJDFQSPEVDUVTFEGPSTFBTPOJOH
1BSUT6TFEUIBMMVT
TFBXFFE
6QIPG %JTUSJCVUJPO0O UIF DPBTUT GSPN $IJOB UP +BQBO BOE
&VSPQF/PSXBZBOE*TMFPG.BOBMTPDVMUJWBUFE
/PUF -BNJOBSJB TQFD VTFE BT GPPE BOE BT NFEJDJOF
-BDUVDBSVODJOBUB%$ JPEJOF
JO $IJOB GPS NPSF UIBO ZFBST BOE
IBTCFFODVMUJWBUFEJO+BQBOTJODF*O&VSPQB
4ZOPOZNT-BDUVDBIFZOFBOB%$ DVMUJWBUJPOPOUIF*TMFPG.BOBOEBUUIF/PSXF
$PNNPO/BNFT(FSNBO(SPC[IOJHFS-BUUJDI HJBOPSET
6TBHFQPUIFSC
4QSJOHFS7FSMBH#FSMJO)FJEFMCFSH
-"/5"/"--BOUBOB7FSCFOBDFBF
- "INFEFUBM#BSVBFUBM#VSLJMM
$IFFST
&OHFM1IVNNBJ &SIBSEU FU BM )JMMFS.FM[JH W
,PFOFO,PUUFHPEB-PVX
.PSTFUBM
-BOHVBTPGGJDJOBSVN )BODF
'BSX 3BKFOESBO%BOJFM 3PTT 4DIOGFMEFS 4DIVMU[F
.PUFM4UPSST5VGFMFUBM6QIPG7JMMBNBSB
"MQJOJBPDJOBSVN)BODF FUBM8BSSFO
-BOHVBTWVMHBSF,PFOJH -BOUBOBDSPDFB+BDR
"MQJOJBHBMBOHB -
8JMME -BOUBOBDBNBSB-
-"/5"/"--BOUBOB -BOUBOBMJMBDJOB%FTG
7FSCFOBDFBF
$PNNPO/BNFT#SB[JM 1PSUVHVFTF
DBNCBS SPTB
(FSNBO-JMBGBSCFOFT8BOEFMSTDIFO
-BOUBOBBDVMFBUB- 6TBHFBWPSJOH
1BSUT6TFEMFBG
PXFS
-BOUBOBDBNBSB- %JTUSJCVUJPO#SB[JM4P1BVMPUP3JP(SBOEFEP4PM
.PSTFUBM
-BOUBOBBMCB.JMM
-JQQFBBMCB .JMM
/&#S
-"33&"$BW;ZHPQIZMMBDFBF
-BOUBOBNJDSPQIZMMB.BSU -BQBUIVNWFTJDBSJVN -
.PFODI
$PNNPO/BNFT#SB[JM 1PSUVHVFTF
BMFDSJNCSBWP
3VNFYWFTJDBSJVT-
BMFDSJNEPDBNQP(FSNBO,MFJOCMUUSJHFT8BO
EFMSTDIFO
6TBHFBWPSJOH -"1035&"(BVEJDI#VTIOFUUMF
1BSUT6TFEMFBG 6SUJDBDFBF
%JTUSJCVUJPO4"NFSJDBFTQFDJBMMZ#SB[JM
DVMUJWBUFEJO
NBOZDPVOUSJFT
-BQPSUFBDSFOVMBUB(BVEJDI
6QIPG
$PNNPO/BNFTEFWJMOFUUMF
GFWFSOFUUMF(FSNBO(F
LFSCUF-BQPSUF
(FLFSCUF4USBVDIOFTTFM
-BOUBOBOJWFB7FOU 6TBHFTQJDF
MJLFDPSJBOEFSGSVJU
1BSUT6TFETFFE
-BOUBOBDBNBSB- %JTUSJCVUJPO*OEJBUSPQJDBM)JNBMBZBT
"SPSB1BEOFZ
-BOUBOBSIPEFTJFOTJT.PME
-BSSFBNFYJDBOB.PSJD
-BOUBOBTBOHVJOFB.FEJL
-BSSFBUSJEFOUBUB 4FTTFFU.P
$BWFY%$
-BOUBOBDBNBSB-
-BSSFBUSJEFOUBUB 4FTTFFU.P
$BWFY%$
-BOUBOBUSJGPMJB-
4ZOPOZNT-BSSFBHMVUJOPTB&OHFMN
-BSSFBNFYJDBOB
$PNNPO/BNFTUISFFMFBWFE MBOUBOB (FSNBO %SFJ .PSJD
;ZHPQIZMMVNUSJEFOUBUVN4FTTFFU.P
CMUUSJHFT8BOEFMSTDIFO4QBOJTIPSHBOP $PNNPO/BNFTDSFPTPUFCVTI
HSFBTFXPPE(FSNBO
6TBHFBWPSJOHPGNJMLVOECVUUFS ,SFPTPUTUSBVDI 4QBOJTI HPCFSOBEPSB
IFEJPO
1BSUT6TFEMFBG
IFSC EJMMB
IFEJPOEP
QBMPPOEP
%JTUSJCVUJPO&"GSJDB&UIJPQB 6TBHFDPOEJNFOU
1BSUT6TFEPSBMCVE
#VSLJMM
)VTBJO FU BM /FVXJOHFS 3BKFOESBO %JTUSJCVUJPO4864"
.FYJDP
%BOJFM5VDLFS
/PUF4VCTUJUVUFGPSDBQFST $BQQBSJTTQJOPTB-
#FSOIBSE5IJFMF$IJSJLEKJBO)BOFMU/FXBMMFUBM
3UTDI4DIVMU[F.PUFM6QIPG7JMMBNBSFU
BM8JFSTFNB-FO
-"4&31(BFSUO
#.FZFU4DIFSC"QJBDFBF 6NCFMMJGFSBF
-BTFSUSJMPCVN -
#PSLI -BTJBBDVMFBUB-PVS
4ZOPOZNT-BTFSQJUJVNUSJMPCVN-
4JMFSUSJMPCVN -
-BTJBTQJOPTB -
XBJUFT
$SBOU[
$PNNPO/BNFTMBTFSXPSU
USJWBMWF'SFODIDVNJOEF
DIFWBVY(FSNBO&DIUFS#FSHLNNFM
3PTTLN -BTJBTQJOPTB -
5IXBJUFT
NFM
%SFJMBQQJHFS 3PTTLNNFM 5VSLJTI LFGF
LJNZPO 4ZOPOZNT-BTJBBDVMFBUB-PVS
6TBHFTQJDF
DPOEJNFOU $PNNPO/BNFTXBJUFTTBNQJ$IJOFTFLBHVP
SFZP
1BSUT6TFETFFE (FSNBO%PSOJHF;PUUFMCMVNF*OEPOFTJBOOHBN
%JTUSJCVUJPO&VSPQF'SBODF
4QBJO
&&VSPQF
5VSLFZ
MJOH
TBNCCFOH.BMBZTJBOCFLJM
4SJ-BOLBHFMJ
-FCBOPO
$BVDBTVT
/*SBO HFMJBJQBMBOH
/PUF*O GPSNFS UJNFT UIF QMBOU XBT DVMUJWBUFE BT B 6TBHFTQJDF GPSTIQPOET
TQJDFQMBOUJOHBSEFOTPG$&VSPQF 1BSUT6TFEZPVOHMFBG
%JTUSJCVUJPO4SJ -BOLB
*OEJB UP $IJOB
)JNBMBZBT
"JDIFMF4DIXFHMFS
"LHMC#BFSFUBMC#SVO .BMBZTJB
*OEPOFTJB
LFFUBMB&SIBSEUFUBM'MFJTDIIBVFS)BOFMU
)FFHFS,JWBO"LHM.BOTGFME4DIVMU[F.PUFM #VSLJMM&SIBSEUFUBM)BOFMU,VNBS0DITF
- 4FJEFNBOOD4JFXFL5VGFMFUBM5FVTDIFS
WBOEF#SJODL
-"4&31*5*6.--BTFSXPSU -"63&-*"+VTT
"QJBDFBF 6NCFMMJGFSBF
.POJNJBDFBF
-BTFSQJUJVNTJMFS- -BVSFMJBBSPNBUJDB+VTT
4ZOPOZNT4JMFSNPOUBOVN$SBOU[ $PNNPO/BNFT$IJMFBOMBVSFM(FSNBO$IJMFOJTDIFS
$PNNPO/BNFTMBTFSXPSU(FSNBO&DIUFS#FSHLN -PSCFFS
NFM
3PTTLNNFM #FSHMBTFSLSBVU 3VTTJBO HMB 6TBHFTQJDF SBSFMZJO1FSV
EZTDI 1BSUT6TFETFFE
6TBHFTQJDF %JTUSJCVUJPO$IJMF
1FSV
1BSUT6TFETFFE
SPPU SBSFMZ
1BSUT6TFEGSVJU
TFFE
-BTFSQJUJVNUSJMPCJVN- %JTUSJCVUJPO4"NFSJDB$IJMF
/PUF4VCTUJUVUF GPS OVUNFH .ZSJTUJDB GSBHSBOT
-BTFSUSJMPCJVN -
#PSLI )PVUU
-"6364-#BZ
-BVSFM-BVSBDFBF
)BHFS
)JMMFS.FM[JH )PGGNBOO FU BM 3UTDI -BVSVTDBTTJB-
8BSCVSH
$JOOBNPNVNBSPNBUJDVN/FFT
-"63&/$*""EBOT
3IPEPNFMBDFBF -BVSVTDJOOBNPNPJEFT.VUJTFY)#,
0DPUFBDZNCBSVN)#,
-BVSFODJBQJOOBUJGJEB (NFM
-BNPVS
$PNNPO/BNFTQFQQFSEVMDF -BVSVTDJOOBNPNVN"OES
6TBHFDPOEJNFOU
1BSUT6TFEQVOHFOUSFEBMHBF $JOOBNPNVNBSPNBUJDVN/FFT
%JTUSJCVUJPO"UMBOUJD0DFBO
/PSUI4FB
)BOFMU6QIPG -BVSVTDJOOBNPO-
$JOOBNPNPO[FZMBOJDVN#M
-BVSPDFSBTVTPGGJDJOBMJT.3PFN
1SVOVTMBVSPDDFSBTVT- -BVSVTDVCFCFB-PVS
-"6364-#BZ
-BVSFM
-JUTFBDVCFCB -PVS
1FST -
-BVSBDFBF
-BVSVTDVMJUMBXBO-
-BVSVTBMCJEB/VUU $JOOBNPNVNDVMJUMBXBO -
,PTUFSN
4BTTBGSBTBMCJEVN /VUU
/FFT
-BVSVTEVMDJT3PYC
-BVSVTFBTUJWBMJT- $JOOBNPNVNCVSNBOJ#M
-JOEFSBCFO[PJO -
#M
-BVSVTOPCJMJT-
-BVSVTCFO[PJO- 4ZOPOZNT-BVSVTVOEVMBUB.JMM
$PNNPO/BNFTMBVSFM
CBZ MBVSFM
TXFFU CBZ
OPCMF
-JOEFSBCFO[PJO -
#M MBVSFM
3PNBOMBVSFM
USVFMBVSFM"SBCJDHBS
HIS
GSVJU
$IJOFTFZVFHVJ[J
ZVFILVFJ%VUDIMBV
SJFSCMBE 'SFODI MBVSJFS DPNNPO
MBVSFM OPCMF
-BVSVTCVSNBOJ/FFT GFVJMMFEFMBVSJFSMBVSJFSE"QPMMPO
MBVSJFSKBN
CPO (FSNBO -PSCFFS
-PSCFFSCMBUU
(FXS[MPS
$JOOBNPNVNCVSNBOJ/FFT CFFS*UBMJBOBMMPSPQPFUJDP
GPHMJBEJBMMPSP
MBVSP
QPFUJDP
MBVSPSFHBMF+BQBOFTFHFLLFFJKV1JMJQJOP
MBVSFM
QBNJOUBEBIPO1PSUVHVFTFMPVSFJSP3VT
TJBOMBXS
MBXSPXZKMJTU
MBXSCMBHPSPEOZK4QBOJTI
MBVSFM
IPKBEFMBVSFM5VSLJTIEFGOFB
-"7"/%6-"--BWFOEFS-BNJBDFBF -BCJBUBF
6TBHFTQJDF
DPOEJNFOUT BMTP DVMUJWBUFE JO XBSN DPVOUSJFT PG &VSPQF
FT
1BSUT6TFEMFBG
GSVJU QFDJBMMZ'SBODF
%JTUSJCVUJPO& .FEJUFSSBOFBO SFHJPO (SFFDF
$
& /PUF"MMUIFDVMUJWBSTPGDPNNPOMBWBOEFSBSFTFMFD
.FEJUFSSBOFBO5VSLFZ
BMTPDVMUJWBUFE UJPOTPGTTQBOHVTUJGPMJB
"HLM FU BM "MCFSUT.VMMFS "OBD #SUFMT "HOFT5FJTTFJSF "JDIFMF4DIXFHMFS
#SUFMT
#FSHFS
#PJT#PSHFTFUBM#PVSUPO#SBVO #FO[JOHFS#FSHFS
#JMHSJ"EBN#PFMFOT
.FJFS#SFNOFTT$BSFEEBFUBM$IFFST$MBJS #PVSOPU#SFNOFTT$IBSBMBNCPVT$IBZUPS
%BWJETPO %JB[.BSPUP FU BM C %VEUTDIFOLP FU $IFFST$MBJS$MFCTDI$PJDJV3BD[ OPZFBS
%BWJE
BM %VLF FU BM &SIBSEU FU BM 'BSSFMM (V[ TPO%VEUTDIFOLPFUBM&SIBSEUFUBM'MFJTDIIBV
NBO4JFNPOTNB)BHFS
)BOFMU)FFHFS
FS(VFOUIFS)BHFS
)FFHFS)JMMFS.FM[JH
)JMMFS.FM[JH)PGGNBOOFUBM)PHHFUBM )PINBOOFUBM)PQQF-BMBOEF-FXJOHUPO
)PLXFSEB FU BM )PQQF .FMDIJPS,BTUOFS .PS .FVOJFS
0HOZBOPW0ZFO%VOH
SJT.BDLMFZ/JHBNFUBM1FUFS1JOPFUBMC 1PDIMKPCLJO
1TDIZSFNCFM3PUI,PSNBOO
1PDIMKPCLJO
1SVUIJ1VUJFWTLZFUBM3JB[FU 4DIOGFMEFS4DIVMU[F.PUFM4FJEFNBOOD4FJEF
BM3PTFOHBSUFO4BLBS&OHFMTLPXF4DIOGFMEFS NBOO4JFCFSU4IBSNB4IJWBFUBM4JFXFL
4DIVMU[F.PUFM4FJEFNBOOD4FJEFNBOO4JFCFSU 4NBMM5VGFMFUBM5FVTDIFS5VDLFS5VDLFS
4GJLBT4JFXFL4NBMM4UBFTDIF5BJOUFS )FOTFO6CJMMPT6QIPG8JFSTFNB-FO8ZL
(SFOJT5VGFMFUBM5FVTDIFS6QIPG8ZLFU FUBM;FWFOEF8FU
BM;FWFOEF8FU;PMBFUBM
-BWBOEVMBEFOUBUB-
-BVSVTRVJYPT-BN
$PNNPO/BNFT'SFODI MBWFOEFS (FSNBO 'SBO[
- 0DPUFBRVJYPT -BN
,PTUFSN TJTDIFS-BWFOEFM
;BIOMBWFOEFM
6TBHFBWPVSJOHQSPEVDUFTTFOUJBMPJM
1BSUT6TFEPXFS
-BVSVTVOEVMBUB.JMM %JTUSJCVUJPO48&VSPQF4QBJO
#BMFBSJD*TMBOET
/"G
SJDBOBUJWFJO1PSUVHBM
*UBMZ
4JDJMZ
-BVSVTOPCJMJT-
&SIBSEUFUBM)BOFMU4NBMM
-"7"/%6-"--BWFOEFS
-BNJBDFBF -BCJBUBF
-BWBOEVMBIZCSJEB3FWFSDIPO
4ZOPOZNT-BWBOEVMBPDJOBMJT$IBJY-BWBOEVMBTQJ 1BSUT6TFEGSFTIPXFS
DB-
-BWBOEVMBWFSB%$ %JTUSJCVUJPO.FEJUFSSBOFBO SFHJPOT DVMUJWBUFE FTQF
$PNNPO/BNFT&OHMJTI MBWFOEFS
MBWFOEFS "SBCJD DJBMMZ4'SBODF
4QBJO
&OHMBOE
LIV[BNB $IJOFTF YVO ZJ DBP 'SFODI MBWBOEF /PUF )ZCSJEGSPN-BWBOEVMBBOHVTUJGPMJB.JMMY-B
WSJUBCMF
MBWBOEFWSBJ(FSNBO-BWBOEF
,MFJOFS WBOEVMBMBUJGPMJB.FEJL
-BWFOEFM
&DIUFS-BWFOEFM
/BSEF*UBMJBOMBWBO
EB1PSUVHVFTFBMGB[FNB3VTTJBOMBWBOEB
MBWBO $IFFST)BOFMU)JMMFS.FM[JH.FVOJFS
4NBMM
EBBQUFUTDIOBKB
[WFUOBKBUSBWB4QBOJTIFTQMJFHP
DPNO
PSEFMBWBOEB5VSLJTIMBWBOUBJFJ
6TBHFTQJDF
FTQFDJBMMZ JO *UBMJBO BOE 'SBODF DVJTJOF
BWPSJOHQSPEVDUFTTFOUJBMPJM MBWFOEFSPJM
-BWBOEVMBJODBOB4BMJTC
1BSUT6TFEPXFS
%JTUSJCVUJPO4 &VSPQF 'SBODF
4QBJO
OBUJWF $SJNFB -BWBOEVMBTUPFDIBT-
-&%6.--BCSBEPS5FB&SJDBDFBF
-BWBOEVMBMBUJGPMJB.FEJL 1BSUT6TFEESZPXFSBOEIFSC
%JTUSJCVUJPO.FEJUFSSBOFBOSFHJPOT
$*UBMZ
%BMNBUJB
4ZOPOZNT-BWBOEVMBTQJDBBVDU
OPO- / "GSJDB XJME BOE DVMUJWBUFE JO 4QBJO OBUJWF 4
$PNNPO/BNFTCSPBEMFBG MBWFOEFS
TQJLF MBWFOEFS
"VTUSBMJB
TQJLFOBSE
CSPBEMFBG MBWFOEFS %VUDI TQJKL
'SFODI TQJD
BTQJD (FSNBO (SPFS -BWFOEFM
)BOFMU )FFHFS )FQQFS 3PUI,PSNBOO
4DIVMU[F.PUFM4NBMM6QIPG
(SPFS4QFJL
4QFJL-BWFOEFM
4QJLFOBSEF
6TBHFTQJDF
BWPSJOHQSPEVDUFTTFOUJBMPJM TQJLFMB
WFOEFSPJM
1BSUT6TFEPXFS -BWBOEVMBWFSB%$
%JTUSJCVUJPO&VSPQF*CFSJB
'SBODF
$SPBUJB
-BWBOEVMBBOHVTUJGPMJB.JMM
#FO[JOHFS#PFMFOT$LFCTDI&SIBSEUFUBM
)BOFMU)FFHFS)JMMFS.FM[JH.FVOJFS
1BTDVBMFUBM
3PUI,PSNBOO4DIOGFMEFS
4DIVMU[F.PUFM 4NBMM 5VDLFS)FOTFO 6TIFS
-&$"/*0%*$641MBODIFY#FOUI
;FWFOEF8FU 4BQJOEBDFBF
-BWBOEVMBPGGJDJOBMJT$IBJY -FDBOJPEJDVTDVQBOJPJEFT1MBODI
-BWBOEVMBTQJDBBVDU
OPO-
1BSUT6TFEPXFS
%JTUSJCVUJPO8 "GSJDB (IBOB
*WPSZ $PBTU
/JHFSJB
-
4JFSSB-FPOF
5PHP
-BWBOEVMBMBUJGPMJB.FEJL
"ZFOTV#VSLJMM
6QIPG
-BWBOEVMBTQJDB-
-&%6.--BCSBEPS5FB
-BWBOEVMBBOHVTUJGPMJB.JMM &SJDBDFBF
-BWBOEVMBTUPFDIBEFOTJT4U-BH -FEVNQBMVTUSF-
-BWBOEVMBTUPFDIBT- 4ZOPOZNT3IPEPEFOESVNQBMVTUSF -
,SPOFU+VEE
$PNNPO/BNFTXJME SPTFNBSZ
-BCSBEPS UFB
NBSTI
UFB'SFODIMEF
MEJFS
CPJTEFTBWBOF
MEVNEFT
-BWBOEVMBTUPFDIBT- NBSBJT (FSNBO 4VNQGQPSTU 8JMEFS 3PTNBSJO
#SBVFSLSBVU
-BCSBEPSLSBVU
1PSTDILSBVU
1PSTU
4ZOPOZNT-BWBOEVMB JODBOB 4BMJTC
-BWBOEVMB 3VTTJBOCBSVMOJL
TUPFDIBEFOTJT4U-BH
4UPFDIBTBSBCJDB(BSTBVMU 6TBHFTQJDF
$PNNPO/BNFT"SBCJBO MBWFOEFS
'SFODI MBWFOEFS
1BSUT6TFEMFBG
*UBMJBO MBWFOEFS
4QBOJTI MBWFOEFS "SBCJD IBM %JTUSJCVUJPO&"TJB
4JCFSJB
3VTTJB'BS&BTU
&BOE8
IBM
NFIBSHB'SFODITUPFDIBTBSBCJRVF(FSNBO $BOBEB
TVCBSDUJD"NFSJDB
&
$BOE/&VSPQF
4DIPQG-BWFOEFM
8FMTDIFS-BWFOEFM
"SBCJTDIFS
-BWFOEFM 1PSUVHVFTF BMGB[FNB 4QBOJTI SPNFSP "MCFSUT.VMMFS#FOPOJ#FSHFS
&SIBSEU
FU BM &SJDITFO#SPXO (SFWF )BHFS
TBOUP
)FFHFS )JMMFS.FM[JH )PQQF -FXJOHUPO
6TBHFBWPSJOHQSPEVDUFTTFOUJBMPJM
-&/5*/64'S1PMZQPSBDFBF
-&/5*/64'S -&1*%*6.-$SFTT
1PMZQPSBDFBF #SBTTJDBDFBF $SVDJGFSBF
-FOUJOVTFEPEFT #FSL
4JOH -FQJEJVNBGSJDBOVN #VSNG
%$TTQ
EJWBSJDBUVN "JU
+POTFMM
4ZOPOZNT"HBSJDVTFEPEFT#FSL$FMMVTFEPEFT #FSL
*UPFU*NBJ$PSUJOFMMVTTIJJUBLF1)FOO
-FQPJUB $PNNPO/BNFTQFQQFS HSBTT
QFQQFS XPSU (FSNBO
TIJJUBLF5BOBLB
"GSJLBOJTDIF ,SFTTF 4 "GSJDB LBOBSJFTBBEHSB
$PNNPO/BNFT+BQBOFTF TIJJUBLF (FSNBO $IJOB QFQFSCPTTJF
TUFSLLPT
TUFSLHSBT
QJM[
+BQBOQJM[
1BTBOJBQJM[
4IJJUBLF 1JM[
6TBHFTQJDF
6TBHFTQJDF 1BSUT6TFEHSFFOTFFE
1BSUT6TFENVTISPPN %JTUSJCVUJPOUSPQJDBM8"GSJDB/BNJCJB
%JTUSJCVUJPO& "TJB +BQBO
$IJOB UP *OEPDIJOB
BMTP
DVMUJWBUFEJONBOZDPVOUSJFT W,PFOFO
$PNNPO/BNFTFMEDSFTT(FSNBO'FMELSFTTF
6TBHFQPUIFSC
TQJDF SBSFMZ
&SIBSEUFUBM'MFJTDIIBVFS-PDI
-FPOUPEPOWVMHBSF-BN
5BSBYBDVNPDJOBMFBHH')8JHH -FQJEVNEFOTJGMPSVN4DISBE
4ZOPOZNT-FQJEJVNNFZFOJJ8BMQ
-&010-%*/*".BSU $PNNPO/BNFTDPNNPO QFQQFS HSBTT
QSBJSJF QFQ
"SBDFBF 1BMNBF
QFSHSBTT
1FSVWJBOHJOHFS(FSNBO%JDIUCMUJHF
,SFTTF3VTTJBOLSFTT
LMPQPWOJL4QBOJTINBDB
6TBHFQPUIFSC
-FPQPMEJOJBNBKPS8BMM 1BSUT6TFEGSFTIIFSC
%JTUSJCVUJPO/"NFSJDB
OBUJWF$
&&VSPQF
$PNNPO/BNFT#SB[JM 1PSUVHVFTF
JBS
JBSVBV
KBSBV
QBMNFJSBJBS "JDIFMF4DIXFHMFS
&ISIBSEU FU BM &SJDITFO#SPXO
'MFJTDIIBVFS)BHFS
-PDI4NBMM
6TBHFTQJDF
1BSUT6TFEBTIGSPNGSVJUT SBSFMZ
%JTUSJCVUJPO4"NFSJDB#SB[JM
/PUF$FSUBJO*OEJBOUSJCFTBTBTVCTUJUVUFGPSTBMU
6QIPG
-&1*%*6.-$SFTT#SBTTJDBDFBF $SVDJGFSBF
"JDIFMF4DIXFHMFS
#FSHFS
%VEUTDIFOLP FU BM $PNNPO/BNFT7JSHJOJB QFQQFSXFFE (FSNBO 7JS
&SIBSEUFUBM'MFJTDIIBVFS)BHFS
)BOFMU
HJOJTDIF,SFTTF
)JMMFS.FM[JH 1VSTHMPWF 4DIVMU[F.PUFM
4NBMM5VGFMFUBM;FWFOEF8FU
6TBHFQPUIFSC SBSFMZ
1BSUT6TFEGSFTIIFSC
%JTUSJCVUJPO/"NFSJDB
OBUJWFJO&VSPQF
-FQJEJVNPMFSBDFVN'PSTLG &SIBSEUFUBM'MFJTDIIBVFS4NBMM
$PNNPO/BNFTDPDLTDVSSZHSBTT
6TBHFQPUIFSC -FQJPUBTIJJUBLF5BOBLB
1BSUT6TFEGSFTIIFSC
%JTUSJCVUJPO4/FX;FBMBOE -FOUJOVTFEPEFT #FSL
4JOH
6QIPG
-FQJEJVNTBUJWVN-
4ZOPOZNT$SVDJGFSBOBTUVSUJVN&)-,SBVTF
-&15041&3.6.+3'PSTUFU('PSTU5FB5SFF.ZSUBDFBF
-&15041&3.6.+3'PSTUFU( -&6$"43#S
'PSTU5FB5SFF.ZSUBDFBF -BNJBDFBF -BCJBUBF
"SPSB1BOEFZ$IBVIBO4IBSNB4JOHI
-&6$"/5)&.6..JMM0YFZF%BJTZ
"UFSBDFBF $PNQPTJUBF
-FVDBTDMBSLFJ)PPL
-FVDBOUIFNVNWVMHBSF-BN 6TBHFQPUIFSC
1BSUT6TFEMFBG
4ZOPOZNT$ISZTBOUIFNVNMFVWBOUIFNVN- %JTUSJCVUJPO*OEJBJO$IPUB/BHQVSJO#JIBS
$PNNPO/BNFTEPH EBJTZ
NPPO EBJTZ
PY FZF EBJTZ
'SFODI HSBOEF NBSHVFSJUF
MFVDBOUINF (FS "SPSB1BOEFZ4JOHI
"SPSB1BOEFZ0ZFOEVOH4JOHI5FSSB
-FVDPDBTJBHJHBOUFB #MVNFFY)BTTL
4DIPUU
-FVDBTMBWBOEVMBFGPMJB3FTT
-&7*45*$6.)JMM-PWBHF
"QJBDFBF 6NCFMMJGFSBF
-FVDBTNBSJUJOJDFOTJT +BDR
"JUG
-FWJTUJDVNQFSTJDVN'SFZO -JHVTUJDVNMFWJTUJDVN-
-FWJTUJDVNPDJOBMF8%+,PDI -FWJTUJDVNPDJOBMF8%+,PDI
-FYBS[BGVOFCSFT-B-MBWF -JHVTUJDVNNPOOJFSJ$BMFTU
2VBSBSJCFBGVOFCSJT -B-MBWF
7JTDIFS $OJEJVNNPOOJFSJ -
$VTTFY+VTT
-*"53*4(BFSUOFY4DISFC#VUUPO -JHVTUJDVNNVUFMMJOB -
$SBOU[
4OBLFSSPPU"TUFSBDFBF $PNQPTJUBF
4ZOPOZNT.FVNNVUFMMJOB(BFSUO
$PNNPO/BNFTBMQJOF MPWBHF (FSNBO "MQFO.VU
-JBUSJTPEPSBUJTTJNB8JMME UFSXVS[
6TBHFBWPSJOH
$PNNPO/BNFTCMB[JOH TUBSF
CVUUPO TOBLFSPPU
1BSUT6TFESPPU
WBOJMMBSPPU 'SFODI MJBUSJEF (FSNBO %V %JTUSJCVUJPO$
4&VSPQFFTQFDJBMMZ"MQJOFSFHJPOT
1SBDIUTDIBSUF
%V)JSTDI[VOHF
7BOJMMFXVS[FM
3VTTJBOMJBUSJT "JDIFMF4DIXFHMFS
&SIBSEUFUBM'MFJTDIIBVFS
)BOFMU4DIOGFMEFS6QIPG
6TBHFTQJDF
VTFEJOUIFUPCBDDPJOEVTUSZ
1BSUT6TFEMFBG
- %JTUSJCVUJPO64"7JSHJOJBUP'MPSJEBBOE-PVJTBOB
-JHVTUJDVNTDPUJDVN-
#FSHFS
)JMMFS.FM[JH)PQQF4FJEFNBOOD
$PNNPO/BNFT4DPUDI MPWBHF
OPSUIFSO MPWBHF (FS
NBO4DIPUUJTDIFS-JFCTUPDL
4DIPUUJTDIF.VUUFS
-JDBSJBQVDIVSZNBKPS .BSU
,PTUFSN XVS[+BQBOFTFNBSVCBUPLJ3VTTJBOMJHVTUJDVN
TDIPMBOETLJK
0DPUFBQVDIVSZNBKPS.BSU 6TBHFQPUIFSC UBTUFTMJLFDFMFSZ
1BSUT6TFEIFSC
%JTUSJCVUJPO'BS&BTUFSO3VTTJB
+BQBO
,PSFB
-JDBSJBRVJYPT -BN
,PTUFSN
&SIBSEU FU BM 'BDDJPMB )BOFMU .BCCFSMZ
4DIVMU[F.PUFM4NBMM5VDLFS6QIPG
0DPUFBRVJYPT -BN
,PTUFSN
"OHFMJDBUFOVJTTJNB/BLBJ
-JHVTUJDVNBDVUJMPCVN4JFCFU;VDD
-*-*6.--JMZ
"OHFMJDBBDVUJMPCB 4JFCFU;VDD
,JUBH -JMJBDFBF
-JHVTUJDVNDVNJOVN -
$SBOU[ -JMJVNBVSBUVN-JOEM
$VNJOVNDZNJOVN- 4ZOPOZNT-JMJVNXJUUFJ4VSJOH
-*./01)*-"3#S4DSPQIVMBSJBDFBF
-*./01)*-"3#S
4DSPQIVMBSJBDFBF
-JMJVNDPODPMPS4BMJTC
-JMJVNMBODJGPMJVN5IVOC
-JNOPQIJMBDPOGFSUB#FOUI
4ZOPOZNT-JMJVNUJHSJOVN,FS(BXM
$PNNPO/BNFTEFWJM MJMZ
UJHFS MJMZ $IJOFTF DIVBO $PNNPO/BNFT)JOEJNVOHBOBSJ
NVDISJBSB
UBO (FSNBO 5JHFSMJMJF
(SPF 5SLFOCVOEMJMJF 6TBHFQPUIFSC
+BQBOFTFPOJZVSJ,PSFBODIBNOBSJ 1BSUT6TFEMFBG
6TBHFBWPSJOH %JTUSJCVUJPO*OEJB
1BSUT6TFEPXFS
CVMC
%JTUSJCVUJPO+BQBO
,PSFB
&$IJOBDVMUJWBUFEXPSME "SPSB1BOEFZ
XJEFBTBOPSOBNFOUBMQMBOU
&SIBSEUFUBM)BNNFS)FFHFS)JMMFS.FM[JH -JNOPQIJMBHSBUJPMPJEFT3#S
4FJEFNBOOD4NBMM6QIPG;FWFOEF8FU
-JNOPQIJMBJOEJDB -
%SVDF
-JMJVNTJOFOTF-JOEM
-JNOPQIJMBJOEJDB -
%SVDF
-JMJVNDPODPMPS4BMJTC
4ZOPOZNT-JNOPQIJMB HSBUJPMPJEFT 3#S
-JNOPQIJMB
SBDFNPTB#FOUI
-*/%&3"5IVOC-BVSBDFBF
-JNOPQIJMBQVODUBUB#M -JNPOJBUSJDIPDBSQB)BODF
-JNOPQIJMZBSPNBUJDB 1PODJSVTUSJGPMJBUB -
3BG
-JNOPQIJMBSBDFNPTB#FOUI -JNPOJBUSJGPMJB#VSN
-JNOPQIJMBJOEJDB -
%SVDF 5SJQIBTJBUSJGPMJB #VSNG
18JMTPO
- -JNOPQIJMBSVHPTB 3PUI
.FSS 5SJQIBTJBUSJGPMJB #VSNG
18JMTPO
-JNOPQIJMBSVHPTB 3PUI
.FSS -*/%&3"5IVOC
-BVSBDFBF
4ZOPOZNT)FSQFTUJT SVHPTB 3PUI
-JNOPQIJMB SPY
CPSHIJJBVDU
OPO(%PO
$PNNPO/BNFT*OEPOFTJBO IBEFT
TFMBTFI BZFS
TF -JOEFSBCFO[PJO -
#M
MBTFICBOZV1JMJQJOPLBMBPP
UBMB
UBSBUBSBBJ
LBDIPN
PNLPQ7JFUOBNFTFSBVPN 4ZOPOZNT#FO[PJOBFTUJWBMF -
/FFT
-BVSVTBFTUJWB
6TBHFDPOEJNFOUIFSCJTVTFEUPQFSGVNF MJT-
-BVSVTCFO[PJO-
1BSUT6TFEMFBG
IFSC $PNNPO/BNFT#FOKBNJO CVTI
TQJDF CVTI
XJME BMM
%JTUSJCVUJPO*OEJB
4$IJOB
3ZVLZV*TMBOE
4&"TJBUP TQJDF 'SFODI CFOKPJO (FSNBO 8PIMSJFDIFOEFS
'JKJBOE4BNPB 'JFCFSTUSBVDI
(FXS[TUSBVDI 3VTTJBO CFOTP
/PUFFMFBWFTBOETUFNTNFMMPGBOJTF KOPF
6TBHFTQJDF SBSFMZVTFEPGUIF$IFSPLFF*OEJBOT
(V[NBO4JFNPOTNB0ZFO%VOH 1BSUT6TFEMFBG
%JTUSJCVUJPO& $BOBEB 0OUBSJP & 64" BOE ,BOTBT
5FYBT
'MPSJEB
-JNOPQIJMBSPYCPSHIJJBVDU
OPO(%PO
#PJT&SIBSEUFUBM%VLFFUBM5VDLFS5VDLFS
FUBM5VMM8PGGPSE
-JNOPQIJMBSFHVTB 3PUI
.FSS
-JNPOJBBDJEJTTJNB)PVUU
$JUSVTBVSBOUJJGPMJB $ISJTUNFU1BO[
4XJOHMF
-*11*"-7FSCFOBDFBF
-*/6.-'MBY -*11*"-
-JOBDFBF 7FSCFOBDFBF
,JOU[JPT
-JOVNBSWFOTF/FDL
-JOVNVTJUBUJTTJNVN- -JQQFBBEPOTJT)PDITU
4ZOPOZNT-JQQFBHSBOEJPSB.BSUFU4DIBVFS
-JOVNIVNJMF.JMM $PNNPO/BNFT(BNCJB UFB CVTI 'SFODI WFSWFJOF
E"GSJRVF(FSNBO(BNCJB5FFTUSBVDI
-JOVNVTJUBUJTTJNVN- 6TBHFQPUIFSC
BWPSJOH
1BSUT6TFEMFBG
%JTUSJCVUJPOUSPQJDBM8"GSJDB
-JOVNTBUJWVN)BTTFMRV /PUF6TFEBTBUFBTVCTUJUVUF
-JOVNVTJUBUJTTJNVN-
-JQQJBBMCB .JMM
/&#SFY#SJUUFU8JMT
4ZOPOZNT-JOVN BSWFOTF /FDL
-JOVN IVNJMF .JMM
-JOVNTBUJWVN)BTTFMRV
-JOVNVUJMF4BMJTC
$PNNPO/BNFTDPNNPO BY
DSPXO BY
DVMUJWBUFE
4ZOPOZNT-BOUBOB BMCB .JMM
-JQQFB BTQFSJGPMJB "
3JDI
-
BY
BY
MJOTFFE "SBCJD LFUUBO
LFUUFO $IJOF $PNNPO/BNFTXIJUF PSFHBOP #SB[JM 1PSUVHVFTF
TFZBNB[J
DIJINB%VUDIWMBT'SFODIMJO
MJO BMFDSJN EP DBNQP
DI EP UBCVMBFJSP
DJESJMIB
PMJGSFHSBJOEFMJO(FSNBO%SFTDIMFJO
'MBDIT
TBMTBMJNP
TBMWB CSBODB (FSNBO "OJTWFS
-FJOTBBU
MMFJO
4BBU-FJO
4UFQQFOBDIT*UBMJBO CFOF
8FJFS 0SFHBOP
8FJFS ;JUSPOFOTUSBVDI
MJOP
TFNF EF MJOP +BQBOFTF BNB ,PSFBO BNB 4QBOJTI BHVBEJFOUF EF &TQBOB
BOJTF WFSCFOB
3VTTJBOMKPOLVESKBTDI4QBOJTIMJOP
MJOB[B NFOUB BNFSJDBOB
TBMWJB BNFSJDBOB BOJT EF &T
6TBHFTQJDF
SPBTUFE SBSFMZ
QBOB
RVJUBEPMPS
1BSUT6TFESPBTUFETFFE 6TBHFTQJDFQSPEVDUFTTFOUJBMPJM
%JTUSJCVUJPODVMUJWBUFE JO NBOZ DPVOUSJFT
FTQFDJBMMZ 1BSUT6TFEMFBG
IFSC
$BOBEBOBUJWFJO*CFSJB
'SBODF %JTUSJCVUJPOJO UFNQFSBUF BOE USPQJDJDBM BSFBT PG 4
"NFSJDBOBUJWF
BOEDVMUJWBUFE
&SIBSEUFUBM)BOFMU)FFHFS)FQQFS)JMM
FS.FM[JH )PQQF
-JOLF 4DIVMU[F.P #BIMFUBM#FSMJOFUBM$SBWFJSPFUBM%FMMBDBTTB
UFM5VSPSB6TIFS8ZLFUBM;FWFOEF8FU FU BM 'SJHIFUUP FU BM 'VO4WFOETFO C (PNFT
FU BM (VSHPM EP7BMF FU BM )BOFMU .BUPT FU BM
.PST FU BM 3BKFOESBO%BOJFM 3FUBNBS
4DIVMU[F.PUFM4JBOJFUBM4NBMM7JMMBNBSFUBM
;PHICJFUBM
-JOVNVUJMF4BMJTC
-JOVNVTJUBUJTTJNVN- -JQQFBBMCB.JMM
-JQQFBBMCB .JMM
/&#SFY#SJUU&U8JMT
-*11*"-7FSCFOBDFBF
-JQQFBBNFOUBDFB.&+POFT -JQQFBHSBOEJGMPSB.BSUFU4DIBVFS
-JQQFBHSBWFPMFOT)#, -JQQFBBEPOTJT)PDITU
-JQQFBBTQFSJGPMJB"3JDI -JQQJBHSBWFPMFOT)#,
-JQQFBBMCB .JMM
/&#SPXO 4ZOPOZNT-JQQFBBNFOUBDFB.&+POFT
$PNNPO/BNFT"NFSJDBOPSFHBOP
.FYJDBOPSFHBOP
.FYJDBO TBHF
NJOUXFFE 'SFODI PSJHBO NBSKP
-JQQFBBTQFSJGPMJB-$3JDI MBJOF (FSNBO "NFSJLBOJTDIFS 0SFHBOP
.FYJ
LBOJTDIFS0SFHBOP4QBOJTIIJFSCBEVMDFPSPHB
-JQQFBKBWBOJDB #VSNG
4QSFOH OP
PSHBOPDJNBSSPO
6TBHFTQJDF
1BSUT6TFEMFBG
IFSC
-JQQJBCFSMBOEJFSJ4DIBVFS %JTUSJCVUJPO.FYJDP
&M 4BMWBEPS
4
$ 64"
.FTP
"NFSJDB
$PNNPO/BNFTFQB[PUF (FSNBO #FSMBOEJFS0SFHB
OP $SBWFJSP FU BM (V[NBO4JFNPOTNB )BHFS
.FMDIJPS,BTUOFS 1JOP FU BM C
3PTFOHBS
6TBHFTQJDF
TFBTPOJOH
UFO4FJEFNBOOD4FJEFNBOO4JFCFSU4NBMM
1BSUT6TFEMFBG
IFSC 5BJOUFS(SFOJT5FVTDIFS5VDLFS5VMM6QIPG
%JTUSJCVUJPO4"NFSJDB
.FYJDP 7FSOJOFUBM7JMMBNBSFUBM
- )BHFS
4FJEFNBOO4JFCFSU6QIPG:PVTJGFUBM
-JQQJBKBWBOJDB #VSNG
4QSFOH
4ZOPOZNT7FSCFOBKBWBOJDB#VSNG
-JQQJBDJUSJPEPSB -BN
)VNC 4ZOPOZNT-JQQFBBTQFSJGPMJB-$3JDI
-JQQFBTDBCSB
)PDITU
-JQQFBUSJQIZMMB -)SJU
,VOU[F $PNNPO/BNFT+BWBUIZNF
GFWFSUFB
XJMETBHF(FS
NBO+BWBOJTDIFSZNJBO
6TBHFBWPSJOHQSPEVDUFTTFOUJBMPJM
-JQQJBEVMDJT5SFW 1BSUT6TFEMFBG
IFSC
%JTUSJCVUJPO"GSJDB
+BWB
4ZOPOZNT1IZMBTDBCFSSJNB +VTTFY1FST
.PME
$PNNPO/BNFT.FYJDBOMJQQFB
ZFSCBEVMDF(FSNBO 3BKFOESBO%BOJFM8JFSTFNB-FO
1BSUT6TFEMFBG GSFTIBOEESJFE
"ZFOTV#VSLJMM .FOVUFUBM1FMMJTJFSFUBM
-JQQFBTDBCSB)PDITU
-JQQJBKBWBOJDB #VSNG
4QSFOH
-JQQJBUSJQIZMMB -)SJU
,VOU[F
(MZDZSSIJ[BMFQJEPUB /VUU
1VSTI $PNNPO/BNFT(FSNBO+BQBOJTDIFS#FSHQGFFS
6TBHFBWPSJOHQSPEVDUFTTFOUJBMPJMBOEDJUSBM
1BSUT6TFEGSVJU
-JRVJSJUJBPGGJDJOBMJT-FQFTDI %JTUSJCVUJPO+BQBO
3JVLJV*TMBOET
4,PSFB
(MZDZSSIJ[BHMBCSB- $IFOH$IFOH&SIBSEUFUBM4FJEFNBOOD
-JUTFBDJUSBUB#M
-JUTFBDVCFCB -PVS
1FST -0#&-*"--PCFMJB
$BNQBOVMBDFBF -PCFMJPJEFBF
-JUTFBDVCFCB -PVS
1FST
-PCFMJBBMTJOPJEFT-BN
4ZOPOZNT-BVSVTDVCFCB-PVS
-JUTFBDJUSBUB#M
$PNNPO/BNFTNPVOUBJO QFQQFS
QIFBTBOUQFQQFS 4ZOPOZNT-PCFMJBUSJHPOB3PYC
$IJOFTFCJDIFOHRVF
NBZDIBOHQJDIFOHDIJFC $PNNPO/BNFT(FSNBO)BJO-PCFMJF
(FSNBO #FSHQGFFS *OEJB EJFOH TJ JOH
NFKBO 6TBHFQPUIFSC
LFSJ
TFSOBN
UBOHIBFSDIFSLJOH
UFSIJMTPL
[FOH 1BSUT6TFEMFBG
KJM+BWBOFTFLSBOHFKBO7JFUOBNFTFLIBPLIJOI
%JTUSJCVUJPO*OEJBJO$IPUB/BHQVS
NBOUBOH
NBZDIBOH
UBDIBNEJBOH
6TBHFBWPSJOHQSPEVDUFTTFOUJBMPJMBOEDJUSBM "SPSB1BOEFZ
1BSUT6TFEGSVJU
%JTUSJCVUJPO$IJOB
&"TJB
*OEJB
*OEPDIJOB
-PCFMJBUSJHPOB3PYC
#BP:JQFJ $IFOH$IFOH (PHPJ )BHFS
)BOFMU,VNBS-FFFUBM/BUIFUBMC0ZFO
-PCFMJBBMTJOPJEFT-BN
%VOH4DIVMU[F.PUFM4FJEFNBOOD6QIPG
-:$01&34*$0/.JMM5PNBUP4PMBOBDFBF
-0/$)0$"3164,VOUI -:$*6.-5FBQMBOU
1BQJMJPOBDFBF 'BCBDFBF
4PMBOBDFBF
-PODIPDBSQVTDBZOFTDFOT 4DIVNFU5IPOO
-ZDJVNCBSCBSVN-
#FOUI
4ZOPOZNT-ZDJVNWVMHBSF%VO
4ZOPOZNT-PODIPDBSQVT QIJMFOPQUFSB #FOUIBN
$PNNPO/BNFTCBSCBSZXPMGCFSSZ
CPYUIPSO
%VLF
1IJMFOPQUFSBMBYJPSB (VJMMFU1FSSPU
(3PCFSUT PG "SHZMMT UFB USFF
NBUSJNPOZ WJOF $IJOFTF
$PNNPO/BNFT"GSJDBO JOEJHP
:PSVCB JOEJHP
(FS .BMBZTJBHPVHJ[J
OJOHYJBHPVRJ'SFODIMZDJFU
NBO-PODIP/JHFSJBOFMV
OKBTTJ DPNNVO (FSNBO (FXIOMJDIFS #PDLTEPSO
6TBHFDPVTDPVTTQJDF $IJOFTJTDIF8PMGTCFFSF,PSFBOUBOLVHJKBOBNV
1BSUT6TFEMFBG 6TBHFQPUIFSC JO$IJOB
%JTUSJCVUJPO$USPQJDBM"GSJDB4FOFHBMUP4VEBO
&UIJ 1BSUT6TFEMFBG
PQB
,FOZB
"OHPMB %JTUSJCVUJPO$$IJOB
OBUJWFJO&VSPQF
5VSLFZ
$BV
/PUF 3PPUTBSFBOJOUFOTFTIQPJTPO
DBTVT
/"GSJDB
-PODIPDBSQVTQIJMFOPQUFSB#FOUIBN -:$01&34*$0/.JMM5PNBUP
-PODIPDBSQVTDBZOFTDFOT 4DIVNFUPOO
#FOUI
4PMBOBDFBF -
-ZDPQFSTJDPOBFUIJPQJDVN -
.JMM
-PQIBOUIVTSVHPTVT'JTDIFSFU$".FZFS
4PMBOVNBFUIJPQJDVN-
"HBTUBDIFSVHPTB 'JTDIFSFU$".FZFS
,VOU[F
-ZDPQFSTJDPOFTDVMFOUVN.JMM
-6$6.".PMJOB
4BQPUBDFBF 4ZOPOZNT-ZDPQFSTJDPOMZDPQFSTJDVO-
4PMBOVNMZDP
QFSTJDVN-
$PNNPO/BNFTUPNBUP'SFODIUPNBUF(FSNBO5P
-VDVNBSJWJDPB(BFSUO NBUF3VTTJBOUPNBU
6TBHFTQJDFTVDDBEFQSPEVDUDBUTIVQ
DIJMJTBVDFTPG
4ZOPOZNT-VDVNBOFSWPTB%$ SJQFGSVJUT
$PNNPO/BNFTDBOJTUFM 1BSUT6TFEVOSJQFEGSVJU
6TBHFTQJDF JO#SB[JM
%JTUSJCVUJPOOBUJWFJO4"NFSJDB &DVBEPS
1FSV
BMTP
1BSUT6TFEIFSC DVMUJWBUFEXPSMEXJEF
%JTUSJCVUJPO$"NFSJDB
8FTU*OEJFT /PUF4VCTUJUVUF GPS DJUSVT TVDDBEF i,BOEJOBU 5u
JO
UIFGPSNFS(FSNBO%FNPDSBUJD3FQVCMJD %%3
6QIPG &(FSNBOZ
BFSFO[ZNBUJDUSFBUNFOU
-ZDPQFSTJDPOFTDVMFOUVN.JMM &SIBSEUFUB6QIPG
-ZQFSJBBUSPQVSQVSFB#FOUI -ZTJNBDIJBGPFOVNHSBFDVN)BODF
4VUFSBBUSPQVSQVSFB #BOLT
)JFSO 6TBHFDPOEJNFOU
1BSUT6TFEMFBG
%JTUSJCVUJPO$IJOB
-ZQFSJBDSPDFB&DLMPO
6QIPG
4VUFSBBUSPQVSQVSFB #BOLT
)JFSO
-ZTJNBDIJBGPSUVOFJ.BYJN
-:4*."$)*"--PPTFTUSJGF
1SJNVMBDFBF $PNNPO/BNFT(FSNBO'PSUVOB(JMCXFJEFSJDI
6TBHFDPOEJNFOU
1BSUT6TFEMFBG
-ZTJNBDIJBDBOEJEB-JOEM %JTUSJCVUJPO$IJOB
,PSFB
+BQBO
5BJXBO
-ZTJNBDIJBPCPWBUB#VDI)BN &SIBSEUFUBM6QIPG
-
-ZTJNBDIJBDMFUISPJEFT%VCZ -ZTJNBDIJBPCPWBUB#VDI)BN
."$301*1&3.JR ."&4"'PSTTL
1JQFSBDFBF .ZSTJOBDFBF
.BDSPQJQFSFYFMTJVN 'PSTUFSG
.JR .BFTBJOEJDB8BMM
)BOFMU6QIPG
."&36"'PSTTL
$BQQBSBDFBF
."(/0-*"-.BHOPMJB
.BHOPMJBDFBF
.BFSVBBOHPMFOTJT%$
.BHOPMJBWJSHJOJBOB-
.BHOPMJBWJSHJOJBOB-
4ZOPOZNT.BHOPMJBHMBVDB-
$PNNPO/BNFTMBVSFM .BHOPMJB
TXBNQ MBVSFM
7JSJ
4QSJOHFS7FSMBH#FSMJO)FJEFMCFSH
."-7"-.BMMPX.BMWBDFBF
.BMWBFSFDUB(JMJC
.BKPSBOBDSBTTB.PFODI
.BMWBTZMWFTUSJT-
0SJHBOVNTZSJBDVN-
.BMWBNBVSJUJBOB-
.BKPSBOBDSFUJDB.JMM
.BMWBTZMWFTUSJT-
0SJHBOVNPOJUFT-
.BMWBNFMVDB(SBFCFY.FEX
.BKPSBOBEJDUBNOVT -
,PTUFM
.BMWBWFSUJDJMMBUB-
0SJHBOVNEJDUBNOVT-
. .BKPSBOBIPSUFOTJT.PFODI
.BMWBQBSWJGMPSB-
1BSUT6TFEQMBOU
%JTUSJCVUJPO*OEJB
1BLJTUBO
$BVDBTVT
GPSNFS 4PWJFU
.BKPSBOBPOJUFT -
#FOUI NJEEMF"TJB
"SBCJB
4&
48&VSPQF
.BKPSBOBQBOJDVMBUB ,PDI
4QFOO
0SJHBOVNYNBKPSJDVN$BNCFTT .BMWBTZMWFTUSJT-
4ZOPOZNT.BMWBFSFDUB(JMJC
.BMWBNBVSJUJBOB-
.BKPSBOBUPNFOUPTB .PFODI
4UPLFT $PNNPO/BNFTCMVF NBMMPX
DIFFTFT
DPNNPO NBM
MPX
IJHINBMMPX
UBMMNBMMPX'SFODINBVWFEFT
0SJHBOVNEJDUBNOVT- CPJT
NBVWF TBVWBHF
GBVTTF HVJNBVWF (FSNBO
,TFQBQQFM
3PTTQBQQFM
(FNFJOF .BMWF
8JMEF
."/(*'&3"-.BOHP"OBDBSEJBDFBF
.BMWBWFSUJDJMMBUB- ."/(*'&3"-.BOHP
"OBDBSEJBDFBF
4ZOPOZNT.BMWBBMDIFNJMMBFGPMJB8BMM
.BMWBNFMVDB
(SBFCFY.FEX
$PNNPO/BNFTDBTUJMMBO NBSSPX
DVSMFE NBMMPX
.BOHJGFSBBNCBT'PSTL
DIFFTFXFFE $IJOFTF EPOH LVJ [J UVOHLVFJ
'SFODINBVWFDSQVF
NBVWFWFSUJDJMMF(FSNBO .BOHJGFSBJOEJDB-
2VJSM.BMWF1PSUVHVFTFNBMWBDSFTQB
WFSEBEFJ
SB4QBOJTINBMWBDSFTQB
.
6TBHFDPOEJNFOU 0SJFOU
QPUIFSC *OEJB
/JMHJSJT
.BOHJGFSBEPNFTUJDB(BFSUO
1BSUT6TFETFFE 0SJFOU
QMBOU
%JTUSJCVUJPO*OEJB IJHIFS IJMMT PG /& BOE /JMHJSJT
.BOHJGFSBJOEJDBB-
1BLJTUBO
)JNBMBZBT
$IJOBDVMUJWBUFEBOEOBUJWF
FMTFXIFSFJOUFNQFSBUFSFHJPOT
FH&VSPQF
.BOHJGFSBGPFUJEB-PVSY.BOHJGFSBJOEJDB
"SPSB1BOEFZ %BWJETPO &SIBSEU FU BM )BHFS -
)BOFMU )FFHFS ,VNBS -BSLDPN
4DIVMU[F.PUFM 5VGFM FU BM 6QIPG 8JFSTFNB
.BOHJGFSBYPEPSBUB(SJ
-FO;FWFOEF8FU
.BOHJGFSBJOEJDB-
.".."&"-
(VUUJGFSBF 4ZOPOZNT.BOHJGFSBBNCBT'PSTL
.BOHJGFSBEPNFT
UJDB(BFSUO
$PNNPO/BNFTNBOHP
*OEJBO NBOP "SBCJD BNCB
.BNNBFBNFSJDBOB- #SB[JM 1PSUVHVFTF
NBOHB%VUDINBOHB'SFODI
NBOHVJFS
NBOHVF (FSNBO .BOHP )JOEJ BN
4ZOPOZNT1PUBNPDIBSJTNBNFJ3PUUC *OEJBBNCP
NBNBEJ
BNDIPPS
NBOHHB
NBOOHB
$PNNPO/BNFTNBNNFF
NBNNFFBQQMF
NBNNFZ
BSVNNBOJT
NBOHHBHPMFL*UBMJBONBOHP+BQB
4BOUP %PNJOHP BQSJDPU
4PVUI "NFSJDBO BQSJ OFTFNBOH.BMBZTJBOBNQBMBN
NBMFT
NBOHBT
DPU #SB[JM 1PSUVHVFTF
BCSJD
BCSJD EP QBS NFNQBMBN
BNDIVS
QBV1JMJQJOPNBOHB
NBOH
'SFODIBCSJDPUJFSE"NSJRVF
BCSJDPUJFSEF4BJOU HB
NBOHBOHLBMBCBX
QBLP1PSUVHVFTFNBOHVJ
."3"4.*64'S5SJDIPMPNBUBDFBF "HBSJBDFBF
.JUSBFUBM.PSSJT.BDLMFZ.VLIFSKJ/PS
NBO 1SVUIJ 4DIFODL/BVOEPSG 4DIVMU[F.PUFM .BSBTNJVTPSFBEFT #PMU
'S
4FJEFNBOO D 4IBSNB 4JFXFL 4JOH
4PVMF4UPSST5VGFMFUBM6QIPG6TIFS
7FSIFJK$PSPOFM 7JMMBNBS FU BM 8JFSTFNB-FO
.BSBTNJVTPSFBEFT #PMU
'S
;FWFOEF8FU
.BSBTNJVTTDPSPEPOJVT 4DIBFGG
'S
.BOHJGFSBQJOOBUB+,PFOJHFY-G
4ZOPOZNT.BSBTNJVTBMMJBUVT4DIBF
4QPOEJBTQJOOBUB +,PFOJHFY-G
,VS[ $PNNPO/BNFTHBSMJDNBSBTNVJVT
HBSMJDNVTISPPN
USVF NPVTTFSPO
(FSNBO &DIUFS .PVTTFSPO
,OPCMBVDIQJM[
&DIUFS,DIFOTDIXJOEMJOH
.BSBOUBHBMBOHB- 6TBHFDPOEJNFOUJOTPVQTBOETBVDFT
1BSUT6TFENVTISPPN
"MQJOJBHBMBOHB -
8JMME %JTUSJCVUJPO&VSPQF
."336#*6.-)PSFIPVOE-BNJBDFBF -BCJBUBF
'BSSFMM FU BM (NFMJO FU BM 3BQJPS FU BM 4JOHFS
6TIFS
."3(05*"#PJTT
"QJBDFBF 6NCFMMJGFSBF
.BSHPUJBHVNNJGFSB %FTG
-BOHF
4ZOPOZNT&MBFPTFMJOVNHVNNJGFSVN%FTG
$PNNPO/BNFT4QBOJTIIJOPKPCBTUBSEP
6TBHFTQJDF SBSFMZ
1BSUT6TFEGSVJU
%JTUSJCVUJPO8.FEJUFSSBOFBOSFHJPOT
."3*4$647BIM
$ZQFSBDFBF
.BSJTDVTBMUFSOJGPMJB7BIM
.BSSVCJVNWVMHBSF
GMPXFSJOH
4ZOPOZNT,ZMMJOHJBVNCFMMBUB3PUUC
6TBHFBWPSJOH
1BSUT6TFESIJ[PNF
.
%JTUSJCVUJPOUSPQJDBM "GSJDB UIF (BNCJB
/JHFSJB
1PSUVHVFTF NBSSPJP 3VTTJBO DIBOESB
DIBOESB
4FOFHBM
4JFSSB-FPOFUP*OEJB PCZLOPXFOOBKB4QBOJTINBSSVCJPCMBODP
NBS
SVCJPDPNO
NBMWBSSVCJB
#VSLJMM
)BOFMU*SWJOF;FWFO;IVLPWTLZ 6TBHFTQJDF
BWPSJOH MJRVFVST
1BSUT6TFEMFBG
%JTUSJCVUJPO&VSPQF
5VSLFZ
-FWBOUF
$BVDBTVT
*SBO
."336#*6.-)PSFIPVOE $"TJB
*OEJB
/"GSJDB
OBUJWF/"NFSJDB
-BNJBDFBF -BCJBUBF
."34%&/*"3#S$POEPSWJOF .":5&/64.PMJOB
"TDMFQJBEBDFBF $FMBTUSBDFBF
.BSTIBMMJBCSVOPJEFT-FTT 4ZOPOZNT4FTFMJNBDSPQIZMMVN3FHFMFU4DINBMI
$PNNPO/BNFT(FSNBO (SPCMUUSJHF .FEJBTJF
)FUFSPUIBMBNVTCSVOPJEFT-FTT 1BNJS3VTTJBO 6TCFL
BMLPS
6TBHFTQJDF
BWPSJOHQSPEVDUFTTFOUJBMPJMGPSTP
ESJOLT
.BTTPJBBSPNBUJDB#FDD 1BSUT6TFEGSVJU
%JTUSJCVUJPO.JEEMF"TJB"MUBJNPVOUBJOT
1BNJS
/&
$SZQUPDBSJBBSPNBUJDB #FDD
,PTUFSN "GHIBOJTUBO
4DIJTBOESBDIJOFOTJT 5VSD[
#BJMM
.BZOBTFSJDB4QSFOH
9ZMPQJBTFSJDFB4U)JM
.&-*-0564.JMM.FMJMPU'BCBDFBF -FHVNJOPTBF
.&%*$"(0-.FEJDL .FEJDBHPQPMZNPSQIB-
'BCBDFBF -FHVNJOPTBF
.FEJDBHPIJTQJEB(BFSUO
.FEJDBHPBMCB&)-,SBVTF
.&-*-0564.JMM.FMJMPU
.FMJMPUVTBMCVT.FEJL 'BCBDFBF -FHVNJOPTBF
.FEJDBHPBMUJTTJNB&)-,SBVTF .FMJMPUVTBMCVT.FEJL
1BSUT6TFEIFSC
.FMJMPUVTPDJOBMJT-BN %JTUSJCVUJPO&VSPQF
84JCFSJB "MUBJ
/PUF4UJMMPOMZSBSF
"JDIFMF4DIXFHMFS
&SIBSEUFUBM'MFJTDIIBVFS
)BOFMU)FFHFS)JMMFS.FM[JH)PQQF-PDI
.&-*-0564.JMM.FMJMPU'BCBDFBF -FHVNJOPTBF
1TDIZSFNCFM4DIOFMMF4DIOGFMEFS4UFWFO
TPO6QIPG8JFSTFNB-FO;FWFOEF8FU
.FMJMPUVTBSWFOTJT8BMMS
.FMJMPUVTPDJOBMJT-BN
.FMJMPUVTDBFSVMFVT%FTW
5SJHPOFMMBDBFSVMFB -
-
.FMJMPUVTHJHBOUFVT8FOEFSPUI
.FMJMPUVTBMUJTTJNVTVJMM
.FMJMPUVTNBDSPSSIJ[VT 8BMETUFU,JU
1FST
.FMJMPUVTBMUJTTJNVTVJMM
.FMJMPUVTPGGJDJOBMJT
GMPXFSJOH
. .FMJMPUVTPGGJDJOBMJT-BN
1BSUT6TFEMFBG
IFSC
.FMJTTBBMUJTTJNB+&4NJUI %JTUSJCVUJPO/ "GSJDB
$ BOE 8 "TJB
&VSPQF
$BV
DBTVT
XJEFMZ DVMUJWBUFE BOE XJME XJEFTQSFBE JO
.FMJTTBPDJOBMJT- UFNQFSBUFSFHJPOT
%BXTPOFUBM)BOFMU5FVTDIFS
.FMJTTBPGGJDJOBMJT-
.FMJTTBPGGJDJOBMJT-TTQQBSWJGMPSB#FOUI .&/5)"-.JOU
-BNJBDFBF -BCJBUBF
$PNNPO/BNFTIFSCPGUFNQFSB
TNBMMPXFSFENF
MJTTB(FSNBO,MFJOCMUJHF.FMJTTF -BXUPO.BSFOHPFUBM
6TBHFTQJDF
BWPSJOH
1BSUT6TFEMFBG
IFSC
%JTUSJCVUJPO)JNBMBZBT .FOUIBBMPQFDVSPJEFT)VMM
1BOEFZ4NBMM .FOUIBBRVBUJDB-
4ZOPOZNT.FOUIBIJSTVUB)VET
.FMJTTBQVMFHJPJEFT- $PNNPO/BNFTIPSTFNJOU
NBSTINJOU
XBUFSNJOU
'SFODI NFOUIF BRVBUJRVF (FSNBO #BDINJO[F
. )FEFPNFBQVMFHJPJEFT -
1FST 8BTTFSNJO[F *UBMJBO NFOUB EBDRVB 3VTTJBO
NKBUBXPEKBOPKB4QBOJTIIJFSCBCVFOBBDVUJDB
6TBHFTQJDF SBSFMZ
BWPSJOH QSPEVDU FTTFOUJBM PJM
.FMJTTBSPNBOB.JMM XBUFSNJOUPSIPSTFNJOUPJM
1BSUT6TFEMFBG
IFSC
.FMJTTBPDJOBMJT- %JTUSJCVUJPO&VSPQF
5VSLFZ
$BVDBTVT
8
$"TJB
"G
SJDB
/"NFSJDB
OBUJWFFMTFXIFSF
.FOUIBYDPSEJGPMJB0QJ[FY'SFTFO
.FOUIBBSWFOTJT-WBSQJQFSBTDFOT.BMJOW 4ZOPOZNT.FOUIBTQJDBUB-WBSDSJTQB
FY-)#BJMBZ $PNNPO/BNFT,FOUVDLZ TQFBSNJOU (FSNBO ,FO
UVDLZ ,SBVTFNJO[F
)FS[CMUUSJHF .JO[F 4QBO
.
.FOUIBDBOBEFOTJT- JTIZFSCBCVFOB
6TBHFBWPSJOH
1BSUT6TFEIFSC
.FOUIBBSWFOTJTY.TQJDBUB %JTUSJCVUJPO1IJMJQQJOFT
+BWB
DVMUJWBUFEJOBJMBOE
.FOUIBYHSBDJMJT4PMF )BOFMU)JMMFS.FM[JH
.FOUIBBTJBUJDB#PSSJT .FOUIBDSJTQB-
.FOUIBMPOHJGPMJB -
/BUIWBSBTJBUJDB #PSSJT
$PNNPO/BNFTHBSEFO NJOU
TQFBSNJOU (FSNBO
3FDIG (BSUFONJO[F,SBVTF.JO[F1PSUVHVFTFIPSUFM
EFGPMIBNJEB
IPSUFMEFQBOFMB
IPSUFMEF
SBTUFJSB
.FOUIBDBOBEFOTJT- 6TBHFTQJDF
BWPSJOH QSPEVDU FTTFOUJBM PJM TQFBS
NJOUPJM(FSNBO,SBVTFNJO[M
4ZOPOZNT.FOUIBBSWFOTJTWBSQJQFSBTDFOT.BMJOWFY 1BSUT6TFEIFSC
-)#BJMFZ %JTUSJCVUJPO4"NFSJDB#SB[JM
DVMUJWBUFEJO$&VSPQF
$PNNPO/BNFT$IJOFTFNJOU
+BQBOFTF QFQQFS
NJOU
DPSO NJOU (FSNBO $IJOFTJTDIF .JO[F
+BQB %VEUTDIFOLPFUBM,JM+JO1BSLFUBM)PQQF.PST
FUBM5SBYM
OJTDIF.JO[F+BQBOFTFIBLLB
6TBHFTQJDFQSPEVDUFTTFOUJBMPJMBOEQVMFHPO
1BSUT6TFEIFSC
.&/5)"-.JOU-BNJBDFBF -BCJBUBF
.FOUIBYHSBDJMJT4PMF
.FOUIBIJSTVUB)VET
.FOUIBYHSBDJMJT4PMF .FOUIBBRVBUJDB-
4ZOPOZNTBIZCSJEPG.BSWFOTJTY.TQJDBUB.FO
UIBYDBSEJBDB+(FSBSEFY#BLFS.FOUIBYHFO .FOUIBJOTVMBSJT3FR
UJMJTBVDU
$PNNPO/BNFT4DPUDINJOU
4DPUDITQFBSNJOU
HJOHFS .FOUIBTVBWFPMFOT&ISI
NJOU
SFENJOU
"NFSJDBOBQQMFNJOU#SB[JM 1PS
UVHVFTF
IPSUFM'SFODINFOUIFEFTKBSEJOT(FS
NBO &EFMNJO[F
*OHXFSNJO[F
"NFSJLBOJTDIF .FOUIBJODBOB8JMME
"QGFMNJO[F4QBOJTIBMNPSBEVY
6TBHFBWPSJOHQSPEVDUFTTFOUJBMPJM .FOUIBMPOHJGPMJB -
)VET
1BSUT6TFEMFBG
IFSC
%JTUSJCVUJPO$IJOB
&"TJB
3VTTJB
*OEPDIJOB
.BMBZ
TJB
$BOBEB
64"XJEFMZDVMUJWBUFE .FOUIBMPOHJGPMJB -
)VET
1BSUT6TFEIFSC
.FOUIBYWJMMPTB)VET %JTUSJCVUJPO/ 8 "GSJDB
$BVDBTVT
4JCFSJB
8 "TJB
*OEJB
8
4&VSPQF
.FOUIBIBQMPDBMZY #SJR
#SJR "JDIFMF4DIXFHMFS
#FSHFS
#PVSXJFH1PIM
#VSLJMM
$IBVIBO%BWJETPO&SIBSEUFUBM
)BHFS
)BOFMU)FFHFS
)JMMFS.FM[JH
$PNNPO/BNFT+BQBOFTFQFQQFSNJOU$IJOFTFCPIF )POEFMNBOO .POGBSFE FU BM 4NBMM 3PCFSUT
(FSNBO$IJOFTJTDIFPS+BQBOJTDIF.JO[F)JOEJ 4DIOGFMEFS4DIVMU[F.PUFM4IBSNB4NBMM
QVEJOB+BQBOFTFIBLLBS,PSFBOQBLIB4QBOJTI 4PVMMT"SHZSJBEPV5VGFMFUBM5FVTDIFS
NFOUBKBQPOFTB 6QIPG8JFSTFNB-FO;FWFOEF8FU
6TBHFTQJDF
BWPSJOH GPS DJHBSFUUFT QSPEVDU FTTFO
UJBMPJM
1BSUT6TFEIFSC .FOUIBMPOHJGPMJB -
)VETWBSBTJBUJDB
%JTUSJCVUJPO&
4BOE4&"TJB
/FX;FBMBOEBFS #PSJTT
3FDIG
BMTP HSPXO JO $ BOE 4 "NFSJDB $VCB
.FYJLP
#SB[JM
"SHFOUJOB
64"
4FZDIFMMFT
*OEJB
&V 4ZOPOZNT.FOUIBBTJBUJDB#PSSJT
SPQF
FTQFDJBMMZ4QBJOBOE)VOHBSZJO,PSFBBMTP $PNNPO/BNFT"TJBUJDNJOU%VUDILSVJTFNFOU(FS
DVMUJWBUFE NBO"TJBUJTDIFPS-BOHCMUUSJHFBTJBUJTDIF3PTT
/PUF5BNCB :BTVZPSJ HJWFT UIF STU NFOUJPO PG UIF NJO[F;VMVMPINMBVHF
+BQBOFTFNJOUQMBOUVOEFSUIFOBNFiNFHVTBuJO 6TBHFQPUIFSC GPS TXFFUT
KPHIVSU PS DIVUOFZ
"% QSPEVDUFTTFOUJBMPJM
1BSUT6TFEIFSC
.&/5)"-.JOU-BNJBDFBF -BCJBUBF
.FOUIBNPMMJT#FOUI
FUBM&SIBSEUFUBM
&SJDITFO#SPXO'BMFZY
)PXMBOE'BSSFMM'SBO[FUBM'SFSPUFUBM(BM
.
MF)PGGNBOO,OJH (BTJD FU BM (SBIMF)MU[FM
(VFEPO1BTRVJFS (VMBUJ FU BM )BHFS
)BOFMU
.JOPTUBDIZTNPMMJT #FOUI
(SJTFC
)FFHFS)FGFOEFIM)JMMFS.FM[JH)PGGNBOO
FU BM )PINBOO FU BM )M[M FU BM )PQQF
,BSBTBXBFUBM,PMBLFUBM-BXSFODFFUBM
.FOUIBQBUSJOJ-FQFDI -FVOH -FXJOHUPO .BGGFJ .FM[FS 1BOL FU
BM 1FUFST 1FUSZ 1PDIMKPCLJO
1SVUIJ
1TDIZSFNCFM 3FWFSDIPO FU BM 3JOHVFMFU FU BM
$PNNPO/BNFTDPNCNJOU(FSNBO,BNN.JO[F
3JTTBOFOFUBM3PCFSUT3PIMPGG3PKBIOFU
6TBHFTQJDF
BWPSJOH BM3PUI,PSNBOO4BIBFUBM4DIOGFMEFS
1BSUT6TFEMFBG
IFSC 4DIVMU[F.PUFM 4DIVM[,SHFS 4FJEFNBOO D
%JTUSJCVUJPOUFNQFSBUF"TJB
&VSPQF
/"NFSJDBDVM 4FJEFNBOO4JFCFSU 4FJU[ 4IBSNB 4IJWB FU BM
UJWBUFEJO&&VSPQFBOE"VTUSJB 4IPUJQSVLFUBM4NBMM4UBIO#PNNF5VGFM
FU BM 5FVTDIFS 5VDLFS 5VSPWB FU BM 6CJM
/PUFFQMBOUIBTBQFQQFNJOUMJLFBWPS
MPT6IM6QIPG7PJSJOFUBM8BMLFS#FSBUUJF
8JFSTFNB-FO8TUFOGFME)BFOTFM8ZLFUBM
-DL5VGFMFUBM
;FWFOEF8FU
.FOUIBQFSJMMPJEFT-BN
.FOUIBYQJQFSJUBADJUSBUB
1FSJMMBGSVUFTDFOT -
#SJUU
4ZOPOZNT.FOUIB Y QJQFSJUB - WBS DJUSBUB &ISI
#SJH
$PNNPO/BNFTCFSHBNPUNJOU
FBVEF$PMPHOFNJOU
MFNPONJOU
PSBOHFNJOU'SFODI&BVE$PMPHOF
.&/5)"-.JOU-BNJBDFBF -BCJBUBF
.FOUIBYQJQFSJUB-WBSDJUSBUB &ISI
#SJH
.FOUIBSPUVOEJGPMJBBVDU
.FOUIBYQJQFSJUB-ADJUSBUB
.FOUIBTVBWFPMFOT&ISI
.FOUIBQVMFHJVN-
.FOUIBYSPUVOEJGPMJB -
)VET
$PNNPO/BNFT&OHMJTI NJOU
&VSPQFBO QFOOZSPZBM
QFOOZSPZBM NJOU
QVEEJOHHSBTT"SBCJDIBCBR
4ZOPOZNT.FOUIBMPOHJGPMJB -
)VETY.FOUIBTVB
. BZPV
JPV
GVMBZZB
GVMBZIB $IJOFTF DIVO DF
CP IF 'SFODI CBVNF QFUFJU
IFSCF BVY QVDFT
WFPMFOT&ISI
$PNNPO/BNFTGBMTF BQQMF NJOU
SPVOEMFBWFE NJOU
NFOUIF QPVMJPU
QPVMJPU (FSNBO 1PMFJNJO[F
'SFODI NFOUIF SPSPOEFGFVJMMF (FSNBO "Q
)JSTDINJO[F
'MPILSBVU*UBMJBONFOUBQVMFHHJB
GFMNJO[F
3VOECMUUSJHF .JO[F 3VTTJBO NKBUB
NFOUB QPMFHHJP
NFOUB QVMF[[P
NFOUB SPNBOB KBCMPUTDIOBKB
NKBUB LSVHMPMJTUBKB
NKBUB FHJQFUD
1PSUVHVFTF QPFKP 4QBOJTI QMFP
QMFP PNO
LBKB
EJLJKCBMTBN4QBOJTINBUBQVMHBT
QMFPOFHSP 6TBHFTQJDF
BWPSJOH
6TBHFBWPSJOH QSPEVDU FTTFOUJBM PJM QFOOZSPBM 1BSUT6TFEMFBG
IFSC
<NJOU>PJM
BOEQVMFHPO %JTUSJCVUJPO&VSPQF
1BSUT6TFEMFBG
IFSC /PUFF DVMUJWBS 7BSJFHBUB JT BO FTQFDJBMMZ QSFUUZ
%JTUSJCVUJPO/ "GSJDB
$BVDBTVT
$ BOE 8 "TJB
&V QMBOU
VTFE UP EFDPSBUF TBMBET BOE LOPXO BT B
SPQFDVMUJWBUFEFMTFXIFSF QJOFBQQMFNJOU
&SIBSEUFUBM)BOFMU4DIVMU[F.PUFM4NBMM
;FWFOEF8FU
.FOUIBTQJDBUB-WBSDSJTQB
.FOUIBYDPSEJGPMJB0QJU[FY'SFTFO
.FOUIBTQJDBUB-
4ZOPOZNT.FOUIBWJSJEJT -
- .FOUIBTQJDBUB-WBSMPOHJGPMJB-
$PNNPO/BNFTDSJTQ NJOU
HBSEFO NJOU
TQFBSNJOU
HSFFO NJOU
MBNC NJOU "SBCJD IBOB
OFNEBS .FOUIBMPOHJGPMJB -
)VET
OBOB$IJOFTFMJVMBOYJBOH
YJBOHIVBDBJ'SFODI
NFOUIFWFSUF
NFOUIFEPVDF
NFOUIFFOQJ
NFO
UIFEF/PUSF%BNF
NFOUIFDSQV(FSNBOI .FOUIBTVBWFPMFOT&ISI
.
SJHF .JO[F
(SOF .JO[F
,SBVTFNJO[F
(SOF
3PTTNJO[F
.BSPLLBOJTDIF .JO[F )JOEJ QB 4ZOPOZNT.FOUIBJOTVMBSJT3FR
.FOUIBSPUVOEJGPMJB
IBSJQVEJOB
QVEJOB*OEJBGVEJOB*UBMJBONFOUB BVDU
WFSEF
NFOUB HFOUJMF
NFOUB SPNBOB
NFOUB DSF $PNNPO/BNFTBQQMF NJOU
QJOFBQQMF NJOU
SPVOE
TQB+BQBOFTFNJEPSJIBLLBEB,PSFBOSPLQBLIB MFBWFE NJOU (FSNBO "OBOBT PS "QGFMNJO[F
1PSUVHVFTF IPSUFM
IPSUFM DPNNVO
IPSUFM 3VOECMUUSJHF .JO[F
4NJO[F 4QBOJTI NBT
WFSEF3VTTJBONKBUBLVESKBXBKB
OFN[LBKBNKB USBO[P
UB
LVSUTDIBCBKB NKBUB
MVHPXBKB NKBUB 4QBOJTI 6TBHFQPUIFSC
BWPSJOH MPDBMMZ
.FOUIBYWJMMPTB)VET
#SFNOFTT%BWJETPO&SIBSEUFUBM)BOFMU
.BOTGFME EF 1PPUFS4DIBNQ 4DIVMU[F.PUFM
4NBMM5VGFMFUBM5FVTDIFS;FWFOEF8FU
.FOUIBWJSJEJT -
-
.FOZBOUIFTUSJGPMJBUB
GMPXFSJOH
.FOUIBTQJDBUB-
.
.&/:"/5)&4-#PHCFBO
.BSTI )JMMFS.FM[JH )PINBOO FU BM )PQQF /FXBMM
FU BM 1TDIZSFNCFM 4DIOFMMF 4DIOGFMEFS
5SFGPJM.FOZBOUIBDFBF 4FJEFNBOOD4IBSNB5VSPWBFUBM6QIPG
8JFSTFNB-FO8ZLFUBM
.FOZBOUIFTUSJGPMJBUB-
TVCBSUJD"NFSJDB 1BSUT6TFEMFBG
%JTUSJCVUJPO4& &VSPQF
5VSLFZ
-FWBOUF
$BVDBTVT
"JDIFMF4DIXFHMFS
#FSHFS
$IFFST $PJDJV $BOBSZ*TMBOET
/"GSJDB
8"TJBJO&VSPQFBMTP
3BD[ OPZFBS
%VEUTDIFOLPFUBM&SIBSEUFUBM&SJDI
DVMUJWBUFEFBSMJFS
TFO#SPXO 'MFJTDIIBVFS (JBDFSJ )FFHFS
.&44&34$).*%*")FCFOTUS#PSBHJOBDFBF
.&3*"/%3"#FOUI
-BNJBDFBF -BCJBUBF
.FSSFNJBVNCFMMBUB -
)BMMJFSGTTQ
PSJFOUBMJT0PTUTUS
.FSJBOESBCFOHBMFOTJT ,POKBFY3PYC
4ZOPOZNT*QPNPFBDZNPTB3PFNFU4DIVMU
#FOUI $PNNPO/BNFT(FSNBO,MFJOEPMEJHF.FSSFNJF
6TBHFQPUIFSC CZ4BOUIBMT
4ZOPOZNT4BMWJBCFOHBMJFOTJT,OJHFY3PYC 1BSUT6TFEMFBG
$PNNPO/BNFT#FOHBM TBHF (FSNBO #FOHBMJTDIFS %JTUSJCVUJPO*OEJB
4BMCFJ)JOEJLBGVSLBQBU
6TBHFBWPSJOH "SPSB1BOEFZ
1BSUT6TFEMFBG
IFSC
%JTUSJCVUJPO&UIJPQJB
&SJUSFB
OBUJWF JO UIF *OEJBO
1FOJOTVMB .&35&/4*"3PUI#MVFCFMM
#PSBHJOBDFBF
$IPQSBFUBM
)BOFMU,VNBS4DIVMU[F.PUFM
5FVTDIFS5PSSFFUBM8FBMUIPG*OEJB
.FSUFOTJBNBSJUJNB -
(SBZ
.&33&.*"%FOOTUFY&OEM
$POWPMWVMBDFBF
$PNNPO/BNFTPZTUFS QMBOU
TFB TNPPUI MVOHXPSU
HSPNXFMM (FSNBO "VTUFSOQBO[F
.FFS.FS
.
UFOTJF3VTTJBONFSUFOTJKB
6TBHFQPUIFSCGPSTBMBET
SBXWFHFUBCMFT
TQSFBE
.FSSFNJBEJTTFDUB +BDR
)BMMG 1BSUT6TFEGSJTIIFSC
%JTUSJCVUJPO&VSPQF#SJUJTI*TMFT
4DBOEJOBWJB
/3VT
4ZOPOZNT$POWPMWVMVT EJTTFDUVT +BDR
*QPNPFB TJOV TJB
&4JCFSJB
"NVS
4BDIBMJO
LBNUTDIBULB
,P
BUB0SU SFB
+BQBO
$PNNPO/BNFTBMBNPWJOF
EJTTFDUFENFSSFNJB$IJ
OFTF EVP MJF IVBOH DBP (FSNBO 2VFFOTMBOE &SIBSEU
5FVTDIFS6QIPG
)PM[SPTF
;FSTDIMJU[UF.FSSFNJF
6TBHFBWPSJOH
MJRVFVST
DBLF
1BSUT6TFEMFBG ESZ
.&44&34$).*%*")FCFOTUS
/PUFFQMBOUIBTBCJUUFSBMNPOEPJMBWPS #PSBHJOBDFBF
%JTUSJCVUJPO4 "NFSJDB
64" 4&
5FYBT
'MPSJEB
'SFODI"OUJMMFT
(VBEFMPVQFDVMUJWBUFEJO*OEJB
.FTTFSTDINJEJBBSHFOUFB -G
+PIOTUPO
%SBHFOEPSGG )BOFMU )PQQF 4DIVMU[F.PUFM
4FJEFNBOOD
4ZOPOZNT5PVSOFGPSUJBBSHFOUFB-G
$PNNPO/BNFTWFMWFU(FSNBO4JMCFS.FTTFSTDINJ
.FSSFNJBFNBSHJOBUB #VSNG
)BMMJFS EJF
6TBHFTQJDF
BWPSJOH
$PNNPO/BNFTFNBSHJOBUFNFSSFNJB$IJOFTFTIFOZF 1BSUT6TFEMFBG
TIBO[IVDBJ(FSNBO&NQPSTUSFCFOEF.FSSFNJF %JTUSJCVUJPOUSPQJDBM"TJB
*OEJB/JDPCBS*TMBOE
6TBHFQPUIFSC /PUFFQMBOUIBTBQBSTMFZMJLFBSPNB
.&6..JMM4QJHOFM"QJBDFBF 6NCFMMJGFSBF
1BSUT6TFEPXFS
$PNNPO/BNFTCBMENPOFZ
CFBSXPSU
NFV
TQJHOFM %JTUSJCVUJPO*OEJB
.BMBZTJB
XJEFMZ DVMUJWBUFE JO UIF
'SFODI CBVESFNPJOF
DJTUSF
GFOPVJM EFT "MQFT
5SPQJDT
NFVN(FSNBO#SXVS[
#SFOGFODIFM
#SLN
NFM
%JMMCMBUUXVS[
,QQFSOJDLFM *UBMJBO OPD #PVSUPO &OHFM1IVNNBJ &SIBSEU FU BM )BOFMU
)JMMFS.FM[JH4DIVMU[F.PUFM4IBSNB4IJWB
DIJPBMQJOP
OPDIJFMMP
NFP3VTTJBONFVNBUB
FUBM6QIPG
NBOTLJK4QBOJTIOPDIBBMQJOP
6TBHFTQJDF
GPSIFSCTQJSJUTBOEMJRVFVST
1BSUT6TFESPPU
%JTUSJCVUJPO&
$&VSPQFBONPVOUBJOT .JDIFMJBFWPOZNPJEFT#VSN
1BSUT6TFEPXFS
'PFOJDVMVNWVMHBSF.JMMTTQQJQFSJUVN 6DSJB
%JTUSJCVUJPO4& $IJOB
(FPSHJB
DPBTUT PG UIF #MBDL
$PVU 4FB
XJEFMZDVMUJWBUFE
4ZOPOZNT.JDIFMJBFWPOZNPJEFT#VSN .JDIFMJBHP-
$PNNPO/BNFTHPMEFODIBNQB
ZFMMPXDIBNQB$IJ
OFTFDIFOQP
DIFOQPLB
LJNDVPOHNPD
IVBOH
MBO'SFODIDIBNQBD(FSNBO$IBNBQBLB)JO
.*,"/*"8JMME"TUFSBDFBF $PNQPTJUBF
.*$30.&3*"#FOUI .JDSPNFSJBTQJDJHFSB,,PDI
-BNJBDFBF -BCJBUBF
4BUVSFKBTQJDJHFSB ,,PDI
#PJTT
.JDSPNFSJBBMUFSOJQJMPTB,,PDI
.JDSPNFSJBUIZNJGPMJB 4DPQ
'SJUTDI
4BUVSFKBTQJDJHFSB ,,PDI
#PJTT
4ZOPOZNT.JDSPNFSJB SVQFTUSJT 8VMGFO FY +BDR
#FOUI
.JDSPNFSJBGSVUJDPTB -
%SVDF $PNNPO/BNFTNPVOUBJO NJOU (FSNBO ZNJBO
CMUUSJHF#FSHNJO[F
$PNNPO/BNFTUBMNVE XJEEFS IZTTPQ
UFB IZTTPQ 6TBHFBWPSJOH SBSFMZ
CJD+FXJTIDVJTJOFQSPEVDUFTTFOUJBMPJM
1BSUT6TFEIFSC &SIBSEUFUBM,BMPHKFSBFUBM
%JTUSJCVUJPO.FEJUFSSBOFBOSFHJPO
/PUFFNBKPSDPNQPOFOUPGUIFFTTFOUJBMPJMJTQVMF
HPOF BCPVU
.*,"/*"8JMME
"TUFSBDFBF $PNQPTJUBF
%VEBJFUBM4NBMM
.JLBOJBQBSWJGMPSB "VCM
,BSTU
.JDSPNFSJBKVMJBOB -
3DIC
4ZOPOZNT&VQBUPSJVNQBSWJPSVN"VCM
.
4ZOPOZNT4BUVSFKBKVMJBOB- $PNNPO/BNFT'SFODI QMBOUF EF MUPJMF (FSNBO
$PNNPO/BNFT+VMJBO TBWPSZ 'SFODI TBSSJFUUF EF ,MFJOCMUJHF .JLBOJF 1PSUVHVFTF DJQDBUJOHB
4BJOU+VMJBO(FSNBO+VMJBO4BMCFJ HVBDP4QBOJTIHVBDPNBSEB
6TBHFTQJDF 6TBHFBWPSJOH SBSFMZ
1BSUT6TFEIFSC 1BSUT6TFEPXFS
%JTUSJCVUJPO.FEJUFSSFBOSFHJPO %JTUSJCVUJPOOBUJWFUP"NB[POJB
USPQJDBM$
4"NFS
JDB
4NBMM /PUFFPXFSTIBWFBWBOJMMBMJLFBWPS
#VSLJMM'SFJTF)BOFMU.PSTFUBM4DIVMU[F
.PUFM
.JDSPNFSJBNPOUBOB -
3DIC
4BUVSFKBNPOUBOB-
.JNPTBEVMDJT-
4ZOPOZNTZNVTQJQFSFMMB-
$PNNPO/BNFT(FSNBO1GFFSUIZNJBO4QBOJTIQF .JNPTBKJSJOHB+BDL
CSFJMB
QFCSJOFMMB
QJQFSFTB
6TBHFTQJDF "SDIJEFOESPOKJSJOHB +BDL
*/JFMTPO
1BSUT6TFEMFBG
%JTUSJCVUJPO48&VSPQF
.*/5)045"$):4 #FOUI
4QBDI-BNJBDFBF -BCJBUBF
1BSUT6TFETFFE
1BSLJBCJHMPCPTB +BDR
3#SFY(%PO %JTUSJCVUJPOQPTTJCMF PSJHPO JO .FYJDP
5FYBT
1FSV
OBUJWFJO/"NFSJDB
8"GSJDB(BCVO
BMTPDVMUJ
WBUFEJOUIF5SPQJDT
.*/5)045"$):4 #FOUI
4QBDI
-BNJBDFBF -BCJBUBF
"JDIFMF4DIXFHMFS
#SUFMT$IFFST&SIBSEUFU
BM)BHFS
)BOFMU/FVXJOHFS3UTDI
6QIPG7JMMBNBSFUBM8JFSTFNB-FO;FWFOEF
8FU
.JOUIPTUBDIZTNPMMJT #FOUI
(SJTFC
. "MJOHHB'FMEFJN"MLJSFFUBM)BOFMU4DIVMU[F.P
UFM5VGFMFUBM
%SBDPDFQIBMVNNPMEBWJDB-
.0--6(0-.PMMVHJOF
.JOUIPTUBDIZTTQJDBUB #FOUI
&QMJOH .PMMVHJOBDFBF
.JOUIPTUBDIZTNPMMJT #FOUI
(SJTFC
.PMMVHPIJSUB5IVOC
.*3"#*-*4-'PVS0$MPDL1MBOU (MJOVTMPUPJEFT-
/ZDUBHJOBDFBF
.PMMVHPPQQPTJUJGPMJB-
.JSBCJMJTKBMBQB-
(MJOVTPQQPTJUJGPMJVT -
%$
4ZOPOZNT.JSBCJMJTVOJPSB4DISBOL
$PNNPO/BNFTCFBVUZ PG UIF OJHIU
GBMTF KBMBQ
GPVS
PDMPDLQMBOU
NBSWFMPG1FSV$IJOFTF[JNPMJHFO
.PMMVHPQFOUBQIZMMB-
[VNPMJ
ZFODIJI'SFODICFMMFEVOVJU(FSNBO
+BMBQB8VOEFSCMVNF*UBMJBOCFMMBEJOPUUF+BQB 4ZOPOZNT.PMMVHPTUSJDUB-
OFTF PTIJSPJCBOB ,PSFBO QVOLLPU .BMBZTJBO $PNNPO/BNFTDBSQFU XFFE $IJOFTF EJ NB IVBOH
LFNQBOHQVLVMFNQBU
CVOHBQFDIBIFNQFU.F (FSNBO 'OMUUSJHFT 8FJDILSBVU +BQBOFTF
YJDP NBSBWJMMB
%PO %JFHP EF OPEF
BSSFCPMFWB [BLVSPT .BMBZTJBO SVNQVU CFMBOHLBT
UBQBL
4QBOJTICVFOBTUBSEFTDMBWFMMJOBUBSEFT
IPKBEF CVSPOH
YBMBQF
NBSBWJMMB 6TBHFQPUIFSC
.0/"3%"-*OEJBOOFUUMF-BNJBDFBF -BCJBUBF
1BSUT6TFEIFSC LV LVB
DIJO MJ DIJI
MBJ QVUBP 'SFODI DPO
%JTUSJCVUJPO$IJOB
*OEJB
.BEBHBTDBS DPNCSFBGSJDBJO
NBSHPTF(FSNBO#BMTBNCJSOF
"NFSJLBOJTDIF4QSJOHHVSLF
#JUUFSF4QSJOHHVSLF
"SPSB1BOEFZ#VSLIJMM/FVXJOHFS6QIPG )JOEJLBSFMB*OEPOFTJBOQFQBSF*SBOHJOBIBOH
8FBMUIPG*OEJB
+BQBOFTF HZ
LJ VSJ
OBHBSFJTIJ ,PSFBO ZVKB
4QBOJTI CMTBNP
CBMTBNJUP DVOEFBNPS BJ
.PMMVHPTUSJDUB- NBSB
QIBLIPFJ
6TBHFTQJDF
GPSTIBOENFBU
DVSSJFT
.PMMVHBQFOUBQIZMMB- 1BSUT6TFEQVMQ
%JTUSJCVUJPOOBUJWFJO4&64"
USPQJDBMDPVOUSJFT
DVM
UJWBUFEFTQFDJBMMZJO&"TJB
.0.03%*$"-#JUUFS$VDVNCFS
$VDVSCJUBDFBF "SPSB1BOEFZ"ZFOTV#VSLJMM%BWJETPO&S
IBSEU FU BM 'BUPQF FU BM (VSJQ'BLJN#SFOEMFS
)BOFMU -DL /FVXJOHFS 4DIVMU[F.PUFM
4IBSNB6QIPG7JMMBNBSFUBM8FBMUIPG*OEJB
.PNPSEJDBCBMTBNJOB- 8JFSTFNB-FO
4ZOPOZNT.PNPSEJDBTDIJO[JJ$PHO
$PNNPO/BNFT"GSJDBO DVDVNCFS
CBMTBN BQQMF .PNPSEJDBJOEJDB-
"SBCJD NPLBI 'SFODI NBSHPTF
QPNNF EF
NFSDWFJMMF (FSNBO #BMTBNBQGFM
8VOEFSBQGFM
.PNPSEJDBDIBSBOUJB-
4QSJOHLSCJT
8BS[FOHVSLF /JHFSJBO HBSBGVOJ
3VTTJBONPNPSEJLB
6TBHFQPUIFSC .PNPSEJDBNVSJDBUB-
1BSUT6TFEZPVOHMFBG
%JTUSJCVUJPOUSPQJDBM"GSJDBF(BNCJB
(IBOB
/J .PNPSEJDBDIBSBOUJB-
.
HFS
/JHFSJB
4FOFHBM
4JFSSB -FPOF 4 "GSJDB
8
"TJB
$IJOB
.BMBZTJB
"SDIJQFMBHP
"VTUSBMJB
OB
UJWFJOUSPQJDBM"NFSJDBBOE"VTUSBMJB
DVMUJWBUFE .PNPSEJDBTDIJO[JJ$PHO
JO8FTU*OEJFT
.PNPSEJDBCBMTBNJOB-
#VSLJMM
)BOFMU %BM[JFM &SIBSEU FU BM
)JMMFS.FM[JH W ,PFOFO /FVXJOHFS 4DIVMU[F
.PUFM5VGFMFUBM5PNNBTJFUBM8FBMUIPG*OEJB
;FWFOEF8FU
.0/"3%"-*OEJBOOFUUMF
-BNJBDFBF -BCJBUBF
.PNPSEJDBDFZMBOJDVN.JMM .POBSEBBSJTUBUB/VUU
.PNPSEJDBDIBSBOUJB- .POBSEBDJUSJPEPSB$FSWFY-BH
.PNPSEJDBDIBSBOUJB- .POBSEBBVTUSPNPOUBOB&QMJOH
/PUFFBWPSJTMJLFPSFHBOP 0SJHBOVNWVMHBSF-
4NBMM
.POBSEBDJUSJPEPSB$FSWFY-BH
$IFFST$PMMJOTFUBM)BOFMU.BOTGFME.J
LVT4DIBTFS.JLVTFUBM4DPSB4NBMM4UP
.POBSEBEJEZNB
GMPXFSJOH
CBSU 5FVTDIFS 5VDLFS 6QIPG 8JFSTFNB
. -FO
.POBSEBEJEZNB- .POBSEBGJTUPMPTB-
.POBSEBQFDUJOBUB/VUU
.POBSEBEJTQFSTB4N
4ZOPOZNT.POBSEBQFOJDJMMBUB(SBZ
.POBSEBDJUSJPEPSB$FSWFY-BH
.0/0%03"%VOBM"OOPOBDFBF
.BOTGJFME4NBMM6TIFS
.POBSEBQFOJDJMMBUB(SBZ
.POBSEBQFDUJOBUB/VUU
.0/"3%&--"#FOUIo
-BNJBDFBF -BCJBUBF
.POBSEFMMBPEPSBUJTTJNB#FOUI
1BSUT6TFEMFBG
IFSC
%JTUSJCVUJPO8/"NFSJDB
&SIBSEUFUBM
.POBSEBGJTUVMPTB
GMPXFSJOH
.0/%*"4LFFMT
"TDMFQJBEBDFBF 1FSJQMPDPDFBF
.
$PNNPO/BNFTQPOZCFFCBMN
TQPUUFECFFCBMN(FS
NBO(FUQGFMUF,BNN.POBSEF .POEJBXIJUFJ )PPLG
4LFFMT
6TBHFQPUIFSC
1BSUT6TFEMFBG 4ZOPOZNT$IMPSPDPEPOXIJUFJ)PPLG
%JTUSJCVUJPO64" /FCSBTLB
$PMPSBEB
4 "SJ[POB
6TBHFTQJDFGPSTBVDFTQSPEVDUJTPWBOJMMJO
5FYBT
BOE/FX.FYJDP 1BSUT6TFESPPU
SIJ[PNF
/PUF4QPSBEJDBMMZ JODMVEFE .POBSEB QFDUJOBUB /VUU %JTUSJCVUJPOUSPQJDBM"GSJDB4FOFHBMUP&"GSJDB
4"G
JO.POBSEBDJUSJPEPSB$FSWFY-BH SJDB /BUBM
)BOFMU5VDLFS6QFS6TIFS8JFSTFNB-FO 'JDBMIP,PPSCBOBMMZFUBM.BCCFSMFZ.D$BSUBO
$SPVDI.TPOUIJ/FVXJOHFS
.POBSEBQVODUBUB- .0/0%03"%VOBM
"OOPOBDFBF
$PNNPO/BNFT"NFSJDBO IPSTF NJOU
EPUUFE NP
OBSEB
TQPUUFECFFCBMN(FSNBO1VOLUJFSUF.P
OBSEF .POPEPSBBOHPMFOTJT8FMX
6TBHFQPUIFSC SBSFMZ
QSPEVDUFTTFOUJBMPJM
1BSUT6TFEMFBG $PNNPO/BNFT"OHPMB DBMBCBTI (FSNBO "OHPMB
%JTUSJCVUJPO/"NFSJDB
GSPN&BOE$64UPOPSUI ,BMBCBTTFONVTLBU
FSO.FYJDP 6TBHFDPOEJNFOU
/PUFFQMBOUJTBTPVSDFPGUIZNPM 1BSUT6TFETFFE
.0/0%03"%VOBM"OOPOBDFBF
%JTUSJCVUJPOUSPQJDBM"GSJDB FTQFDJBMMZ"OHPMB
6QIPG
.POPEPSBCPSFBMJT&MMJPU
.POPEPSBNZSJTUJDB (BFSUO
%VOBM
.POPEPSBCSFWJQFT#FOUI
$PNNPO/BNFTTIPSUTUFNFE"GSJDBOOVUNFH
ZFMMPX
PXFSZ OVUNFH (FSNBO ,VS[TUJFMJHF ,BMBCBT
TFO.VTLBUOVTT
,BMBCBTTFO.BDJTCPIOF
6TBHFDPOEJNFOU
TQJDF CMFOE NJYFE XJUI ADPVOUSZ
QFQQFS 1JQFS HVJOFOTF 4DIVN FU POO
VTFE
GPSTQJDF B
1BSUT6TFETFFE
%JTUSJCVUJPO8"GSJDB(IBOB
-JCFSJB
/JHFSJB
4JFSSB
-FPOF
#VSLJMM
. .POPEPSBHSBOEJGMPSB#FOUI
.POPEPSBNZSJTUJDB (BFSUO
%VOBM
.POPEPSBNZSJTUJDB (BFSUO
%VOBM
.POPEPSBUFOVJGPMJB#FOUI .PSJOEBDJUSJGPMJB-
.PSJOEBNBDSPQIZMMB%FTG
.03*/%"-o*OEJBO.VMCFSSZ .PSJOEBDJUSJGPMJB-
3VCJBDFBF
.03*/(""EBOT)PSTF3BEJTI5SFF
.PSJOEBCSBDUFBUB3PYC .PSJOHBDFBF
.PSJOEBDJUSJGPMJB-
.PSJOHBFSFDUB4BMJTC
.PSJOHBPMFJGFSB-BN
.03*/(""EBOT)PSTF3BEJTI5SFF.PSJOHBDFBF
.PSJOHBPMFJGFSBBGMPXFSJOH CGSVJU
/PUFFPXFSTBSFBMTPVTFEBTAQPUIFSCFPJMPG
UIFGSVJUTJTVTFEGPSDPTNFUJDTBOEMBNQT
"SPSB1BOEFZ#FOEFM#PJT#VSLJMM
$IFFST
%BTUVS%BWJETPO
.PSJOEBDJUSJGPMJB
GSVJUJOH
%VLFFUBM&SIBSEUFUBM(VSJC'BLJN#SFOEMFS
.PTDIPTNBQPMZTUBDIPO#FOUI
#BTJMJDVNQPMZTUBDIPO -
.PFODI
.VLJBNBEFSBTQBUBOB -
.3PFN
.FMPUISJBNBEFSBTQBUBOB -
$PHO
.VLJBTDBCSFMMB"SO
.FMPUISJBNBEFSBTQBUBOB -
$PHO
.633":",OJHFY-0SBOHF
+FTTBNJOF3VUBDFBF
.VSSBZBBNPFOB4BMJTC
.VSSBZBQBOJDVMBUB -
+BDL
.VSSBZBLPFOJHJJ
QMBOU
.VSSBZBFYPUJDB- .
'BSIBUI ,BOVN FU BM )BOFMU )PINBOO ,VNBS
.VSSBZBQBOJDVMBUB -
+BDL
-DL.BD-FPE1JFSJT.BD$MPFE1JFSJT.BM
MBWBQVSB FU BM .PSSJT.BDLMFZ /PSNBO
1FUFS1SBLBTI/BUBSBKBO3BJOBFUBM4BIB$IPX
.VSSBZBLPFOJHJJ -
4QSFOH EIVSZ 4DIVMU[F.PUFM 4FJEFNBOO D
4FJEFNBOO4JFCFSU4IBSNB4JFXFL5BDIJCBOBFU
BM5VGFMFUBM5FVTDIFS6IM6QIPG
4ZOPOZNT#FSHPSB LPFOJHJ -
$IBMDBT LPFOJHJJ ,VS[
8BNVUI8BHOFSFUBM
8JFSTFNB-FO;FWFO
/JNCPNFMJPJEFT%FOOTU EF8FU
$PNNPO/BNFTDVSSZMFBG
*OEJBOCBZ'SFODIGFVJMMF
EF .VSSBZB (FSNBO $VSSZCMUUFS
$VSSZ0S
BOHFOSBVUF *OEJB LBUIOJN
CBSTBOHB
CPXBMB
HBOEIFMB
HFOEFMB
LBSJQBUUB
LBSSJOJN
LBTBQJV .VSSBZBQBOJDVMBUB -
+BDL
DIB
MJNEP NJUIP
NJUIBOFFN
LVSSZQBUUB
*O
EPOFTJBOEBVOLBSJ.BMBZTJBOEBVOLBSJ
LBSXB 4ZOPOZNT$IBMDBT QBOJDVMBUB -
.VSSBZB BNPFOB
QBMF
LFSVQVMBJ
HBSVQJMMBJ4BOTLSJUTVSBCIJOJN 4BMJTC
.VSSBZB FYPUJDB -
.VSSBZB TVNBUSBOB
CV 4MPWFOJBO MJTUZ LBS 4SJ -BOLB LBSBQJODIB 3PYC
BJCBJLBSFF $PNNPO/BNFTCBSL USFF
KBTNJOF PSBOHF
$IJOFTF
6TBHFTQJDF
QPUIFSC NZSUMF
$IJOFTF CPYXPPE
#VSNFTF CPYXPPE
1BSUT6TFEMFBG TBUJOXPPE
DPTNFUJD QBSL USFF
)BXBJJBO PSBOHF
%JTUSJCVUJPO*OEJB
4SJ-BOLB
BJMBOE
-BPT
$BNCP PSBOHFKBTNJO$IJOFTFDIJVMJYJBOH
DIJVMJITJBOH
EJB
1BDJD*TMBOET 'JKJ
#BOHMBEFTI UTBP
LBVMFJIFVOH'SFODICVJTEF$IJOF(FSNBO
'BMTDIFS +BTNJO
0SBOHFOSBVUF )JOEJ LBNJOB
"SPSB1BOEFZ $IBVIBO $IFFST $SB[F NBSDIVMB
LPOKJ
OBHBHPMVOHB
QBOEBSB*OEJBBOH
%BWJETPO%VLFFUBM&SIBSEUFUBM'BSSFMM
BSBHJEB
CBONBMMJLB
LPOKJ*OEPOFTJBOLFNVOJOH
.644"&/%"-3VCJBDFBF
$IFFST %BTUVS %BWJETPO &OHMFS1VNNBJ $PNNPO/BNFTCBZ CFSSZ
DBOEMF CFSSZ
XBY CFSSZ
&SIBSEUFUBM
,JNPTIJUB'JSNBO,PUUFHPEB
XBY NZSUMF 'SFODI BSCSF TVJG
DJSJFS(FSNBO
/*$1#14DIVMU[F.PUFM4IBSNB4UPSST5BP
%VPEB 6QIPG 7JMMBNBS FU BM 8JFSTFNB-FO
8BDIT.ZSUF*UBMJBODPSUFDDJB
;FWFOEF8FU 6TBHFTQJDF
TVCTUJUVUF GPS CBZ MFBWFT JO TFBTPOJOH
NFBUT
TBVDFT
TPVQT
1BSUT6TFEMFBG
.VSSBZBTVNBUSBOB3PYC %JTUSJCVUJPO/&
4&64"'MPSJEB
5FYBT
.VSSBZBQBOJDVMBUB -
+BDL &SIBSEUFUBM3UTDI5VMM8ZLFUBM
.644"&/%"- .ZSJDBHBMF-
3VCJBDFBF
$PNNPO/BNFTCPHNZSUMF
HBMF
NFBEPXGFSO
TXFFU
HBMF
TXFFUNZSUMF
XBYCFSSZ'SFODIHBMPEPS
. .VTTBFOEBGSPOEPTB- BOU
HBM QJNFOU BRVBUJRVF
NZSUF CUBSE
NZSUF
EFT .BSBJT (FSNBO (BHFMTUSBVDI
)FJEFNZSUF
$PNNPO/BNFT)JOEJCFCJOB
CFEJOB/FQBMBTBSJ .PPS(BHFMTUSBVDI
4VNQGNZSUF *UBMJBO NJSUP
6TBHFQPUIFSC CBTUBSEB 3VTTJBO NJSU CPMPUOZK XPTLPXOJ[B
1BSUT6TFEMFBG PCZLOPXFOOBKB4QBOJTINJSUPEFCSBCBOUF
NJUP
%JTUSJCVUJPOUSPQJDBM )JNBMBZBT
DVMUJWBUFE JO *OEJBO IPMBOET
HBSEFOT 6TBHFTQJDF
1BSUT6TFEIFSC
)BOFMU4DIVMU[F.PUFM6QIPG %JTUSJCVUJPO&"TJB
/"NFSJDB
&VSPQF'SBODF
&OH
MBOE
(FSNBOZ
.ZSPEJBGVOFCSJT -B-MBWF
#FOUI #FSHFS
$IFFST %BWJETPO &SIBSEU FU BM
&SJDITFO#SPXO'MFJTDIIBVFS)JMMFS.FM[JH*OHFMT
-BXSFODF8FBWFS 3UTDI 4DIBOU[,BQUBOJEJT
2VBSBSJCFBGVOFCSFT -B-MBWF
7JTDIFS
4DIOFMMF 4FJEFNBOO D 6QIPG 8JFSTFNB
-FO
.:3*"/5)641BMM
$FDSPQJBDFBF .ZSJDBQFOOTZMWBOJDB-PJTFM
4ZOPOZNT.ZSJDBDBSPMJOFOTJTIPSU
.ZSJBOUIVTMJCFSJDVT3FOEMF $PNNPO/BNFTCBZCFSSZ
DBOEMFCFSSZ
OPSUIFSOCBZ
CFSSZ
XBYZCFSSZ(FSNBO"NFSJLBOJTDIFS(B
6TBHFQPUIFSC HFMTUSBVDI
8BDITCFFSF
1BSUT6TFEZPVOHMFBG 6TBHFBWPSJOH
%JTUSJCVUJPO-JCFSJB 1BSUT6TFEIFSC
.:3*45*$"(SPOPW/VUNFH.ZSJTUJDBDFBF
.ZSJTUJDBBSPNBUJDB-BNL
.ZSJTUJDBGSBHSBOT)PVUU
.ZSJTUJDBDBTUBOFJGPMJB"(SBZ
B C 0ZFO%VOH
.ZSJDBHBMFBGMPXFSJOH
CGSVJUJOH
.ZSJTUJDBDJOOBNPNFB,JOH
&SIBSEUFUBM4NBMM 1BSUT6TFETFFE
%JTUSJCVUJPO.BMBZTJBO1FOJOTVMB
4JOHBQPSF
#PSOFP
1IJMJQQJOFT
.:3*45*$"(SPOPW/VUNFH
.ZSJTUJDBDFBF (V[NBO4JFNPOTNB4JODMBJS
.ZSJTUJDBBSHFOUFB8BSC .ZSJTUJDBDPOUPSUB8BSC
$PNNPO/BNFTTJMWFSOVUNFH'SFODIOPJYNVTDBEF .ZSJTUJDBEBDUZMPJEFT(BFSUO
NMF
OPJY NVTDBEF TBVWBHF
OPJY NVTDBEF NB
DBTTBS
OPJY QBQPVF (FSNBO 1BQVB.VTLBU
.BLBTTBS.VTLBU
-BOHFS .VTLBU
8JMEFS .VT .ZSJTUJDBDPSUJDPTB)PDLG
LBU
4JMCFS.VTLBU
1GFSEF.VTLBU
6TBHFTQJDF ,OFNBDPSUJDPTB-PVS
1BSUT6TFETFFE
BSJM
%JTUSJCVUJPO/FX(VJOFB
XIFSFJUJTBMTPPDDBTJPOBMMZ
DVMUJWBUFE .ZSJTUJDBEBDUZMPJEFT8BMM
.ZSJTUJDBEBDUZMPJEFT(BFSUO
4ZOPOZNT.ZSJTUJDBMBVSJGPMJB)PPLGFUPNT.Z
SJTUJDBDPOUPSUB8BSC
$PNNPO/BNFT.BMBCBSOVUNFH(FSNBO(FOHFS
UFS.VTLBU
.BMBCBS.VTLBU4SJ-BOLBNBMBCP
EB5BNJMLBUKBUIJLBJ
6TBHFTQJDF SBSFMZ
1BSUT6TFETFFE
%JTUSJCVUJPO*OEJB4.BESBT
.BMBCBSDPBTU4SJ-BO
LB
.ZSJTUJDBGBUVB)PVUU
4ZOPOZNT.ZSJTUJDBUPNFOUPTBVOC
$PNNPO/BNFTNPVOUBJOOVUNFH%VUDINBOOFUKFT
OPPUFO'SFODINVTDBEJFSEFGPSUPVNPOUBHOF
(FSNBO #FSHNVTLBU
'JM[JHFS .VTLBU
6OFDIUFS .ZSJTUJDBGSBHSBOT
GSVJUT
QBSUMZPQFO
WJTJCMFUIFTFFET
.VTLBU.BMBZTJBOQBMBMBLJMBLJQBMBGVLFS
QBMB XJUIBSJMMVT NBDJT
VUBO
. 6TBHFTQJDF MPDBMSBSFMZ
1BSUT6TFETFFE
%JTUSJCVUJPO*OEJB
*OEPOFTJB
.BMBZTJB"NCPO
#BO "SBCJD CBTCBTBI 'SFODI NBDJT
OPJY NVTDBEF
EB
+BWBDVMUJWBUFE+BWBBOE.BMBZTJB DBQTVMF EFMMB
(FSNBO .B[JT
.VTLBUCMUF
XSPOHMZ
*OEJBUBWJUSJ*UBMJBONBDF
NBDJT
PSF
#PJT)BHFS
3UTDI4DIVMU[F.PUFM4JO EF NBDJT
PSF EJ OPDF NPTDBUB 1PSUVHVFTF PS
DMBJS8BSCVSH
EFOP[NPTDBEB3VTTJBONB[JT4BOTLSJUKBKJQBUSJ
4MPWFOJBONVTLUPWLWFU4QBOJTINBDJT
NBDJ
6TBHFTQJDFQSPEVDUFTTFOUJBMPJM
.ZSJTUJDBGSBHSBOT)PVUU 1BSUT6TFETFFE
BSJM
%JTUSJCVUJPO*UJTOPUGPVOEXJME
.BMBZTJB DVMUJWBUFE
4ZOPOZNT.ZSJTUJDB BSPNBUJDB -BN
.ZSJTUJDB NPT FMTFXIFSF
DIBUBVOC
.ZSJTUJDBPDJOBMJT-G
/PUFF GSVJU QFFM XJUI GSVJU FTI JT VTFE GPS ZBNT
$PNNPO/BNFTOVU USVF
OVUNFH
#BOEB OVUNFH BOE DBOEJFE GPS DBLFT FUD F TFFET VTFE UP CF
"SBCJD CBTCBTBI
HPV[ CPVXB $IJOFTF KPO UPV EJQQFEJONJMLPGMJNFUPQSFWFOUUIFJOGFTUBUJPO
LPV
SPV EPV LPV %VUDI OPPUNVTLBBU 'SFODI PGJOTFDUT
NVTDBEJFS DPNNVO
OPJY EF NVTDBEF
NVTRVF
(FSNBO&DIUF.VTLBUOVTT
.VTLBUOVTT
%VFO #BMESZFUBM#JUUFODPVSUFUBM#PJT#PJTWFSU)V
CFS#PSHFT1JOP#PVSOPU#VSLJMM
$IFFST
EF .VTLBU OVTT
)JOEJ KBZQIBM
NBEB TIBVOEB
$SB[F%BMCZ%BWJETPO%BWJT$PPLT
UBJQIBM *OEPOFTJBO QBMB *UBMJBO OPDF NPTDBUB %VEUTDIFOLPFUBM%VLFFUBM&SIBSEUFUBM'BS
+BQBOFTFOJLV[VLJ+BWBOFTFXPIQBMB.BMBZTJBO SFMM'FSSP'PSSFTU(FSIBSEU4VOEFSNBOO
CVBIQBMB1PSUVHVFTFNPTDBEFJSB3VTTJBONVT (V[NBO4JFNPOTNB)BHFS
)BOFMU)JMMFS.FM
LBUOJK PSFDI 4BOTLSJU KBUJLPTB
KBUJQIBMB
UBJQIBM [JH)PINBOOFUBM)PQQF+PTFQI,BMCIFO
4MPWFOJBONVTLUPWPSFDI4QBOJTIOPHBMNPT ,SU[GFME -FF$BSVTP -DL .BJTUSF
.D,FF)BSEFO.FMDIJPS,BTUOFS.JDIBFMJT.JM
DBEP
OVF[NPTDBEBBJDIBOUIFU BSJMNBDF
.:3*45*$"(SPOPW/VUNFH.ZSJTUJDBDFBF
UPO.PSSJT.BDLMFZ.PST3J[[JOJ/PSNBO .ZSJTUJDBPGGJDJOBMJT-G
0CFSEJFDLC0DITFFUBM1FUFS1SVUIJ1TDIZ
SFNCFM 1VSTHMPWF 3PTFOHBSUFO 3PUI,PSNBOO .ZSJTUJDBGSBHSBOT)PVUU
4DIFOL-BNQBSTLZ 4DISEFS 4DIVMU[F.PUFM
4FJEFNBOO D
4FJEFNBOO4JFCFSU
4IBSNB 4IFSSZ FU BM 4IJWB FU BM 4IVMHJO
4JFXFL 4JNQTPO+BDLTPO 4JODMBJS 4NBMM .ZSJTUJDBPUPCB)FU#
4UBFTDIF 4USBV 5VGFM FU BM 5FVTDIFS
5TDIJSDI 6IM 7BVQFM C 7JMMBNBS FU BM 4ZOPOZNT%JBMZBOUIFSBPUPCB )FU#
8BSC
8BSCVSH 8FJM 8JFSTFNB-FO 8JMIFMN
$PNNPO/BNFT(FSNBO0UPCB.VTLBU
8TUFOGFME)BFOTFM 8ZL FU BM ;FWFOEF 8FU
;J[LB'MFDLFOTUFJO 6TBHFTQJDF
1BSUT6TFETFFE
%JTUSJCVUJPO4"NFSJDB$PMVNCJB
.ZSJTUJDBMBVSJGPMJB)PPLG5IPNT 5FVTDIFS8BSCVSH
.ZSJTUJDBEBDUZMPJEFT(BFSUO
.ZSJTUJDBTDIFGGFSJ8BSC
NBDSBOUIB"$4NJUI .ZSJTUDBTVDDFEBOFB#M
.ZSJTUJDBDBTUBOFJGPMJB"(SBZ
.ZSJTUJDBTQFDJPTB8BSC
.ZSJTUJDBNBDSPQIZMMB"(SBZ $PNNPO/BNFT.PMVDDBOOVUNFH'SFODINVTDBEJFS
.ZSJTUJDBDBTUBOFJGPMJB"(SBZ
EFT .PMVRVFT (FSNBO #BUKBO.VTLBU
.PMVL
LFO.VTLBU.BMBZTJBOQBMBNBCB
.
6TBHFTQJDF
1BSUT6TFETFFE
.ZSJTUJDBNBMBCBSJDB-BN %JTUSJCVUJPO1IJMJQQJOFT#BUKBO.PMVDDBT
4ZOPOZNT.ZSJTUJDBEBDUZMPJEFT8BMM #PJT )BHFS
3UTDI 5FVTDIFS 8BSCVSH
$PNNPO/BNFT#PNCBZ OVUNFH
.BMBCBS OVUNFH
(FSNBO#PNCBZ.VTLBUOVTT
.BMBCBS.VTLBU
OVTT
6TBHFTQJDF .ZSJTUJDBTVDDFEBOFB#M
1BSUT6TFETFFE
BSJM
%JTUSJCVUJPO*OEJB .BMBCBS DPBTU
BMTP DVMUJWBUFE JO 4ZOPOZNT.ZSJTUJDBTDIFFSJ8BSC
UIFHBSEFO $PNNPO/BNFT%VUDI IBMNBIFJSBNVTLBBU 'SFODI
/PUF4PNFUJNFT JT MJLF BO BEVMUFSBUJPO PG .ZSJTUJDB OPJY NVTDBEF MBRVFMMF (FSNBO )BMNBIFJSB
GSBHSBOT)PVUU .VTLBU OVTT
(V[NBO4JFNPOTNB0ZFO%VOH8BSCVSH
.ZSPYZMPOCBMTBNVN -
)BSNTWBS
QFSVJGFSBF 3PZMF
)BSNT
.ZSPTQFSNVNQFSVJGFSBF3PZMF
4ZOPOZNT.ZSPTQFSNVN QFSVJGFSBF 3PZMF
.ZSPTQFS
.ZSPYZMPOCBMTBNVN -
)BSNTWBSQFSVJGFSB NVN TPOTPOBUFOTF 0FSTU
.ZSPYZMPO QFSVJGFSBF
3PZMF
)BSNT ,MPU[TDI
.ZSPYZMPOQFSVJGFSVN-G
5PVMJGFSBQF
SVJGFSBF#BJMM
$PNNPO/BNFT#BMTBNPG1FSV
CMBDLCBMTBN
1FSVWJ
.ZSPTQFSNVNTPOTPOBUFOTF0FSTU BOCBMTBN#SB[JM 1PSUVHVFTF
CMTBNPEPQFSV
'SFODIBSCPSEFCBMTBNP
CBVNJFSEV1SPV(FS
. .ZSPYZMPOCBMTBNVN -
)BSNTWBSQFSVJGFSBF
3PZMF
)BSNT
NBO 1FSVCBMTBN
4BMWBEPSCBMTBN *UBMJBO CBM
TBNPEJ1FS3VTTJBONJSPLTJMPO4QBOJTIBSCPM
EF1SPV
CBMTBNPEF1SPV
6TBHFTQJDF SBSFMZ
BWPSJOHPGESJOLT
DBLFT
DIPDP
.ZSPTQFSNVNUPMVJGFSVN%$ MBUFBOEDIFXJOHHVN
KPTTESVH
1BSUT6TFECBMTBN
.ZSPYZMPOCBMTBNVN -
)BSNTWBSCBMTBNVN %JTUSJCVUJPO4 "NFSJDB 4BO 4BMWBEPS
(VBUBNBMB
1FSV
/PUF$VMUJWBUFECZUIF"[UFDTJOUIFJNQFSJBMHBSEFO
.:309:-0/-G#BMTBN JO.FYJDP
'BCBDFBF -FHVNJOPTBF
#FSHFNBOO$IFFST%BMCZ%VTFNVOEFUBM
&DLFS4DIMJNQG&SIBSEUFUBM(MBTM8BHOFS)BHFS
)BOFMU)JMMFS.FM[JH)PQQF-BOHFOIFJN
.ZSPYZMPOCBMTBNVN -
)BSNTWBS .BOTGFME.PSTFUBM0MJWFJSBFUBM0QEZLF
CBMTBNVN B 3UTDI 3PUI,PSNBOO 4DIVMU[F.PUFM
4FJEFNBOOD4IBSNB6QIPG7JMMBNBSFUBM
4ZOPOZNT.ZSPTQFSNVN UPMVJGFSVN %$
.ZSPYZLPO 8JFSTFNB-FO8ZLFUBM;FWFOEF8FU
IBOCVSZBOVN,MPU[TDI
.ZSPYZMPOUVMJGFSB)#,
.ZSPYZMPOUPMVJGFSVN"3JDI
5PMVJGFSBCBMTBNVN
-
5PMVJGFSBCBMTBNVNWBSHFOVJOVN#BJMM
$PNNPO/BNFTCBMTBN PG 5PMV #SB[JM 1PSUVHVFTF
CMTBNPEFUPMV 'SFODI CBVNJFS EF 5PMV (FS
NBO 5PMVCBMTBN *UBMJBO CBMTBNP EJ 5PM 3VT
TJBO CBMTBNPXPF EFSFXP 4QBOJTI CMTBNP EF
5PM
BSCPMEF5PM
.:3564-.ZSUMF.ZSUBDFBF
.:33*4.JMM4XFFU$JDFMZ
"QJBDFBF 6NCFMMJGFSBF
.:3564-.ZSUMF
.ZSUBDFBF
.ZSSJTBSPNBUJDB-
.
.ZSUVTDPNNVOJT-
.ZSSJTPEPSPUB -
4DPQ
$PNNPO/BNFTDPNNPO NZSUMF
NZSUMF "SBCJD BE
IFSB
HVFNNBN
NBSTJO
SJIBO 'SFODI NZSUF
.ZSSJTPDDJEFOUBMJT#FOUIFU)PPLG NZSUFDPNVO(FSNBO&DIUF.ZSUF
#SBVUNZSUF
.ZSUIFOLSOFS*UBMJBONJSUP3VTTJBONJSU4MP
4ZOPOZNT0TNPSIJ[BPDDJEFOUBMJT /VUU
5PSS WFOJBONZSUB4QBOJTIBSSBZO
NJSUP
$PNNPO/BNFTBOJTFTXFFU
8FTUFSOTXFFUSPPU
TXFFU 6TBHFTQJDFGSVJUTGPSTBVDFTBOENFBU
FTQFDJBMMZJO
DJDFMZ(FSNBO"OJTXVS[FM (SFFDFQSPEVDUFTTFOUJBMPJM
6TBHFTQJDF
BWPSJOH 1BSUT6TFEMFBG
GSVJU CFSSZ
.ZSUVTQJNFOUB-
1JNFOUBEJPJDB -
.FSS
.
/
/
$IBVIBO %BMCZ &SIBSEU FU BM )BHFS
)BOFMU )FQQFS )JMMFS.FM[JH 3UTDI
/BOOPSIPQTSJUDIJBOB (SJGG
"JUDI
4DIVMU[F.PUFM 4IBSNB 6QIPG 8BSSJFS FU BM
$PNNPO/BNFTNBSBSJQBMN(FSNBO.B[BSJQBMNF
6TBHFQPUIFSC CZUIFOBUJWFT
1BSUT6TFEZPVOHMFBG
%JTUSJCVUJPO*OEJB
*SBO
"GHIBOJTUBO
1BLJTUBO /BSEPTUBDIZTKBUBNBOTJ (%PO
%$
&SIBSEUFUBM6QIPG /BSUIPTUBDIZTHSBOEJPSB%$
/BSUIFYQPMBLJJ4UBQIFU8FUUTU /"45635*6.3#S8BUFS$SFTT
#SBTTJDBDFBF $SVDJGFSBF
'FSVMBBTTBGPFUJEB-
/BTUVSUJVNBRVBUJDVN8BIMFOC
/BSEPTNJBKBQPOJDB4JFCPMEFU;VDD
/BTUVSUJVNPDJOBMF3#S
1FUBTJUFTKBQPOJDB 4JFCPMEFU;VDD
.BYJN
/BTUVSUJVNBSNPSBDJB -
'SJFT
/"3%045"$):4%$/BSE
4QJLFOBSE
7BMFSJBOBDFBF "SNPSBDJBSVTUJDBOB(BFSUOFU#.FZFU4DIFSC
/BSEPTUBDIZTHSBOEJGMPSB%$ /BTUVSUJVNMBUJGPMJVN(JMMFUFU.BHOF
4ZOPOZNT/BSUIPTUBDIZTKBUBNBOTJ (%PO
%$ -FQJEJVNMBUJGPMJVN-
$PNNPO/BNFT*OEJBO OBSE
TQJLFOBSE 'SFODI
OBSEPTUBDIZEFEFM*OEF(FSNBO*OEJTDIF/BSEF
/BSEFOISF
4QFJDIFSISF*OEJBKBUBNBOTJ
6TBHFBWPSJOHQSPEVDUFTTFOUJBMPJM
4QSJOHFS7FSMBH#FSMJO)FJEFMCFSH
/&$5"/%3"3PMBOEFY3PUUC-BVSBDFBF
/BTUVSUJVNMBUJGPMJVN -
0,VOU[F DBM"GSJDB
5VSLFZ
$BVDBTVT
UFNQFSBUF"TJBDPT
NPQPMJUJDBM
OBUJWFJO/"NFSJDB
-FQJEJVNMBUJGPMJVN-
"JDIFMF4DIXFHMFS
"SPSB1BOEFZ #SUFMT
#FSHFS
#JMHSJ"EBN $IFFST %BWJETPO
%VEUTDIFOLP FU BM &SIBSEU FU BM 'MFJTDIIBVFS
/BTUVSUJVNNJDSPQIZMMVN#PFOOFY3FJDIC )BHFS
)BOFMU )FFHFS )JMMFS.FM[JH
)PQQF ,PTDIUTDIFKFX -BSLDPN -FVOH
.BOTGFME 0HMF FU BM 1PDIMKPCLJO
1TDIZ
4ZOPOZNT3PSJQQBNJDSPQIZMMB #PFOO
)ZM SFNCFM 1VSTHMPWF 4DIOGFMEFS 4DIVMU[F.PUFM
4JFNPOFTNB1JMVFL 4NBMM FEP,SFKB
$PNNPO/BNFTTNBMMMFBGZXBUFSDSFTT(FSNBO,MFJO
5VGFM FU BM 5FVTDIFS 5JOEBMM 5VMM 6QIPG
CMUUSJHF#SVOOFOLSFTTF
8JOUFSLSFTTF 7JMMBNBS FU BM 8JFSTFNB-FO 8ZL FU BM
6TBHFQPUIFSC ;FWFOEF8FU
1BSUT6TFEGSFTIMFBG
%JTUSJCVUJPO&VSPQF
&&VSPQF
/"GSJDB.PSPDDP*O
EJBOBUJWFFMTFXIFSF
/BTUVSUJVNPGGJDJOBMF3#SY/BTUVSUJVN
"JDIFMF4DIXFHMFS
&SIBSEU FU BM )BHFS
NJDSPQIZMMVN#PFOO
4NBMM 4DIVMU[F.PUFM 4NBMM 5VGFM FU BM
8JFSTFNB-FO;FWFOEF8FU
/BTUVSUJVNTUFSJMF "JSZ4IBX
0FGFMFJO
/BTUVSUJVNPDJOBMF3#S /BTUVSUJVNPDJOBMF3#SY/BTUVSUJVNNJDSPQIZMMVN
#PFOO
/ /BTUVSUJVNPGGJDJOBMF3#S 4ZOPOZNT3PSJQQBYTUFSJMJT"JSZ4IBX
6TBHFQPUIFSC
4ZOPOZNT$BSEBNJOVN OBTUVSUJVN .PFODI
$SV 1BSUT6TFEGSFTIMFBG
DJGFSBGPOUBOB&)-,SBVTF
/BTUVSUJVNBRVBUJ %JTUSJCVUJPO$ BOE 8 &VSPQF
DVMUJWBUFE JO &OHMBOE
DVN8BIMFOC
/BTUVSUJVNOBTUVSUJVN$PDLFSFMM
SBSFMZ
3PSJQQBOBTUVSUJVNBRVBUJDVN -
)BZFL
4JTZN
CSJVNOBTUVSUJVNVOC )BOFMU4DIVMU[F.PUFM
/FDUBOESBQVDIVSZNBKPS/FFTFU.BSU
/FQFUBDJUSJPEPSB#FDLFS
0DPUFBQVDIVSZNBKPS.BSU
/FQFUBDBUBSJB-
/&1&5"-$BUNJOU
-BNJBDFBF -BCJBUBF
/FQFUBYGBBTTFOJJ#FSHNBOTFY4UFBSO
1BSUT6TFEIFSC
%JTUSJCVUJPO4
&&VSPQF
5VSLFZ
84JCFSJB
"NVS
$ /FQFUBNVTTJOJJ4QSFOH
"TJB
*OEJB
$IJOB
)JNBMBZBT
$VCB BOE PUIFS
-BUJO"NFSJDBDPVOUSJFTOBUVSBMJ[FEJO8
$&V /FQFUBSBDFNPTB4QSFOH
SPQF
&"TJB
/"NFSJDB
4"GSJDB
/PUFFWBSDJUSJPEPSB #FDLFS
#BMCDPOUBJOTNVDI
DJUSPOFMMPM DB
JO UIF FTTFOUJBM PJM
VTFE JO /FQFUBSBDFNPTB-BN
GPPEBOEUIFQIBSNBDFVUJDBMJOEVTUSJFTBOEQFS
GVNFSZ 4ZOPOZNT/FQFUBNVTTJOJJ4QSFOH
/FQFUBSFJDIFOCB
DIJBOB'JTDIFU$".FZ
/&156/*"-PVS.JNPTBDFBF
1BSUT6TFETQSPVU
%JTUSJCVUJPOUSPQJDBMSFHJPOT*OEJB
*OEPDIJOB
.BMBZ
/FQFUBSFJDIFOCBDIJBOB'JTDIFU$".FZ TJB
"VTUSBMJB
.FYJDP
4"NFSJDB
"GSJDB
/FQFUBSBDFNPTB-BN "SPSB1BOEFZ$IPQSBFUBM&SIBSEUFUBM)BOFMU
6TIFS 8FBMUI PG *OEJB
8JFSTFNB-FO
;FWFOEF8FU
/FQFUBUFOVJGPMJB#FOUI
"JDIFMF4DIXFHMFS
%VEUTDIFOLPFUBM&SIBSEUFUBM
'MFJTDIIBVFS)BOFMU)FFHFS)PPQFS
4DIOFMMF 4DIVMU[F.PUFM 5VGFM FU BM
5FVTDIFS
/JHFMMBDPFSVMB-BN
/JHFMMBEBNBTDFOB-
/JHFMMBEBNBTDFOB-
4ZOPOZNT/JHFMMBDPFSVMB-BN
/JHFMMBQZHNBFB1FST
$PNNPO/BNFTMPWFJOBNJTU QMBOU
%BNBT CMBDL
DVNJO
+BDLJOUIFHSFFO
XJME GFOOFM "SBCJD
IBCCBTPVEB
TJOPVK%VUDILPJKO'SFODICBSCJEF
CUBSEF
DIFWFVYEF7OVT
OJHFMMFEF%BNBT(FS
NBO %BNBT[FOFS 4DIXBS[LNNFM
5SLJTDIFS
4DIXBS[LNNFM
#SBVU JO )BBSFO
(SFUFM JN /JHFMMBEBNBTDFOB
GMPXFSJOHBOEGSVJUJOH
#VTDI
+VOHGFS JN (SOFO QMBOU
*UBMJBO BOJ
HFMMB
EBNJHFMMB
DBQJHJMBUF
TDBQJHJMBUF 3VTTJBO
UTDIOVTDILBEBNBTTLBKB
6TBHFTQJDFQSPEVDUFTTFOUJBMPJM /JHFMMBMBUJGPMJB.JMM /
1BSUT6TFETFFE
%JTUSJCVUJPO&BOE4&VSPQF
5VSLFZ
$ZQSVT
$BVDB /JHFMMBBSWFOTJT-
TVT
*SBO
/8"GSJDB
-JCZBOBUVSBMJ[FEJO$&V
SPQF
/PUF FTFFEPJMJTVTFEJONFEJDJOFBOEUIFQFSGVNF
/JHFMMBQZHNBFB1FST
JOEVTUSZUIFQMBOUJTBWFSZQPQVMBSXPSMEXJEFBT
BOPSOBNFOU /JHFMMBEBNBTDFOB-
/ZDUBOUIFTTBNCBD-
+BTNJOVNTBNCBD -
"JU
0
0
0CJPOFDBOFTDFOT 1VSTI
.PR 0DJNVNBMCVN-
"USJQMFYDBOFTDFOT 1VSTI
/VUU 0DJNVNCBTJMJDVN-
0$)30$"3104/PSBOUBFY%V 0DJNVNBNFSJDBOVN-
1FUJU5IPVBST(VUUJGFSBF
4ZOPOZNT0DJNVNBGSJDBOVN-PVS
0DJNVNDBOVN
4JNT 0DJNVN QJMPTVN 8JMME
0DJNVN TJNJMF
0DISPDBSQVTMPOHJGPMJVT 8BMM
#FOUIFU /&#S
)PPLG $PNNPO/BNFT"NFSJDBOCBTJM
IPBSZCBTJM
TXFFUCB
TJM$IJOFTFIVJMVPMF(FSNBO"NFSJLBOJTDIFS
4ZOPOZNT.BNNFBMPOHJGPMJB8BMM #BTJMJLVN
;JUSPOFO#BTJMJLVN
,BNQGFSCBTJMJ
$PNNPO/BNFT)JOEJ OBH LFTBS
TVSHJ
TVSJOHJ
TVS LVN
)FSFSP#VTDIUFF)JOEJBKBL
LBMBUVMTJ.B
BNQVOOB
TVSBCVOBJ MBZTJBOLNBOHJ1PSUVHVFTFNBOKFSJDPCSBODP
6TBHFTQJDF TQPSBEJDBMMZJO*OEJB
4BOTLSJU BKBLB 4QBOJTI BMCBIBDB WFMMVEB BJ
1BSUT6TFEPXFS
PXFSCVE NBFOHMBL
%JTUSJCVUJPO8FTU*OEJFT 6TBHFQPUIFSCQSPEVDUDBNQIPS
1BSUT6TFEMFBG
$IPQSB FU BM )BOFMU .PIBO 3BP FU BM 6QIPG %JTUSJCVUJPOUSPQJDBM "GSJDB
$IJOB
*OEJB
*OEPDIJOB
.BMBZTJBGPSNFS4PWJFU6OJPO
,FOZB
1BLJTUBO
OBUJWFJO&VSPQF
"VTUSBMJBBOEUIF/FPUSPQJDT
/PUF*OUIFFTTFOUJBMPJMBSFQSPEPNJOBOUMZDJUSBM
MJM
0$*.6.-#BTJM BOPPMBOEDIBWJDPMNFUIZMFUIFS
-BNJBDFBF -BCJBUBF
4QSJOHFS7FSMBH#FSMJO)FJEFMCFSH
0$*.6.-#BTJM-BNJBDFBF -BCJBUBF
0DJNVNBNFSJDBOVN+BDR
0DJNVNCBTJMJDVN-
0DJNVNBNFSJDBOVNTFOTV1VTIQBOHBEBOFU
4PCUJOPO-
0DJNVNYDJUSJPEPSVN7JT
0DJNVNCBTJMJDVN-
0DJNVNCBTJMJDVN-TTQCBTJMJDVN 0DJNVNDBNQFDIJBOVN.JMM
0DJNVNCBTJMJDVN-TTQNJOJNVN -
%BOFSU 0DJNVNYDJUSJPEPSVN7JT
4ZOPOZNT0DJNVNNJOJNVN- 4ZOPOZNT0DJNVNBNFSJDBOVNTFOTV1VTIQBOHBEBO
$PNNPO/BNFTCVTI CBTJM
(SFFL CBTJM
MJUUMF CBTJM FU4PCUJOPO-
0DJNVNCBTJMJDVN-Y0DJNVN
(FSNBO,MFJOFSPS#VTDI#BTJMJLVN BNFSJDBOVN-
0DJNVNCBTJMJDVNWBSBOJTBUVN
6TBHFTQJDF #FOUI
0[ZNVN DJUSBUVN 3VNQI
0DJNVN EJ
1BSUT6TFEMFBG TQPSBEJDBMMZ
DIPUPNVN)PDITUFY#FOUI
%JTUSJCVUJPO"TJB*OEJB
DPNNPOMZDVMUJWBUFE $PNNPO/BNFTMFNPOCBTJM(FSNBO;JUSPOFOCBTJMJ
#PVSOPU#SFNOFTT)BOFMU0[DBO$IBMDIBU
LVN 0
6TBHFTQJDF
QPUIFSC
1MFTDIFSFUBM4IBJWBFUBM7BTDPODFMPTFUBM
1BSUT6TFEMFBG
%JTUSJCVUJPO/& USPQJDBM "GSJDB
"SBCJB
USPQJDBM "TJB
$IJOB
8"TJB
*OEJB
XJEFMZDVMUJWBUFEFMTFXIFSF
0DJNVNCBTJMJDVN-WBSQVSQVSFTDFOT JO"GSJDBBOE"TJB
#FOUI
#SFNOFTT%BSSBI)BOFMU.JLVTFUBM1BUPO
7FSNBFUBM
$PNNPO/BNFT(FSNBO3PU CMUUSJHFS
#BTJMJLVN
6TBHFTQJDF
1BSUT6TFEMFBG TQPSBEJDBMMZ
%JTUSJCVUJPOBMTPDVMUJWBUFE 0DJNVNDSJTQVN5IVOC
0DJNVNEJDIPUPNVN)PDITUFY#FOUI
0DJNVNCVMMBUVN-BN
0DJNVNYDJUSJPEPUVN7JT
0DJNVNCBTJDJMVN-TTQCBTJMJDVN
0$*.6.-#BTJM-BNJBDFBF -BCJBUBF
0DJNVNGFCSJGVHVN-JOEM .JLVT4DIBTFS.JLVTFUBM/UF[VSVCBO[B0ZFO
%VOH 1BUPO 1MFTDIFS FU BM 4BSPSBUUP"VHVTUP
0DJNVNHSBUJTTJNVN- 4DIVMU[F.PUFM4FJEFNBOOD4IBSNB4NBMM
4PGPXPSB 5VGFM FU BM 5FVTDIFS 5VDLFS
5VSPWBFUBM6QIPG8)08JFSTFNB-FO
;FWFOEF8FU
0DJNVNGPSTLPMFJ#FOUI
4ZOPOZNT0DJNVNNFOUIJJGPMJVN)PDITUFY#FOUI
$PNNPO /BNFT (FSNBO .JO[CMUUSJHFS #BTJMJLVN 0DJNVNHSBWFPMFOT"#S
3VTTJBOCBTJMJLNKBUPMJTUOJT
6TBHFTQJDF
BWPSJOH $PNNPO/BNFT(FSNBO%V#BTJMJLVN
1BSUT6TFEMFBG 6TBHFDPOEJNFOU
%JTUSJCVUJPO"SBCJB
&HZQU
:FNFO
4VEBO
4PNBMJB
1BSUT6TFEIFSC
&UIJPQJB
/
&,FOZB %JTUSJCVUJPO&UIJPQJB
%VEUTDIFOLPFUBM)JMUVOFO)PMN 6QIPG
0DJNVNGSVUFTDFOT- 0DJNVNHVJOFFOTF4DIVNFU5IPOO
1FSJMMBGSVUFTDFOT -
#SJUUPO 0DJNVNHSBUJTTJNVN-
0DJNVNHSBUJTTJNVN- 0DJNVNJOUFHFSSJNVN8JMME
6TBHFTQJDF MPDBMMZ
1BSUT6TFEMFBG
%JTUSJCVUJPO4'MPSJEB
UIF#BIBNBT
8FTU*OEJB
GSPN
.FYJDPUP1FSV
$IJMFBOE#SB[JM
/PUFFQMBOUJTTUSPOHMZBSPNBUJD
$IBSMFT FU BM %BSSBI 'FSSFJSB FU BM .PST FU BM
.PSUPO 4NBMM 5FVTDIFS 6QIPG 7JM
MBNBSFUBM
0DJNVNNJOJNVN-
0DJNVNCBTJMJDVNTTQNJOJNVN -
%BOFSU
0DJNVNQJMPTVN8JMME
0DJNVNBNFSJDBOVN-
0DJNVNTBODUVN-
0DJNVNUFOVPSVN-
0DJNVNTJNJMF/&#S
0DJNVNMBODFPMBUVN4DIVNFU5IPOO
0DJNVNBNFSJDBOVN- 0
0DJNVNCBTJMJDVN-TTQCBTJMJDVN
0DJNVNTUBNJOFVN4JNT
0DJNVNNFEJVN.JMM
0DJNVNDBOVN4JNT
0DJNVNCBTJMJDVN-TTQCBTJMJDVN
0DJNVNTVBWF8JMME
0DJNVNNFOUIJJGPMJVN)PDITUFY#FOUI
$PNNPO/BNFT"GSJDBO CBTJM
TXFFU TDFOUFE CBTJM
0DJNVNGPSTLPMFJ#FOUI (FSNBO"GSJLBOJTDIFS#BTJMJLVN
6TBHFTQJDF
1BSUT6TFEMFBG
IFSC
0DJNVNNJDSBOUIFNVN8JMME %JTUSJCVUJPOUSPQJDBM"GSJDB(VJOFB
//JHFSJB
44V
EBO
&UIJPQJB
,FOZB
5BO[BOJB
.P[BNCJRVF
4ZOPOZNT0DJNVNDBNQFDIJBOVN.JMM 6HBOEB4SJ-BOLB
$PNNPO/BNFT1FSV CBTJM (FSNBO 1FSVBOJTDIFS
#BTJMJLVN.FYJDPBMCBIBDB
BMCBIBDBEFNPOUF
%BSSBI.JLVTFUBM.JLVTFUBM1BUPO1MF
TDIFSFUBM4DIVMU[F.PUFM5UOZJFUBM5FVTDIFS
LBLBMUVN
BMCBDBTJMWFTUSF
TBMWBDB1PSUVHVFTFBM
GBWBDB
BMGBWBDBEPDBNQP
NBOHFSJDBPHSBOEF
0$05&""VCM-BVSBDFBF
0DJNVNUFOVJGMPSVN- 0$05&""VCM
-BVSBDFBF
4ZOPOZNT0DJNVNTBODUVN-
$PNNPO/BNFTIPMZ CBTJM
TBDSFE CBTJM
BJ CBTJM
NPTRVJUP QMBOU PG 4PVUI "GSJDB $BNCPEJBO 0DPUFBDVKVNBSZ.BSU
NSBIQSV$IJOFTFTIFOHMVPMF'SFODICBTJMJD
EFT NPJOFT
CBTJMJD TBDS (FSNBO %VFOEFS $PNNPO/BNFT#SB[JM 1PSUVHVFTF
DVKVNBSV
DVJ
#BTJMJLVN
*OEJTDIFS #BTJMJLVN
,MFJOFS #BTJMJ NBSV
DVJNBSJ
MPVSPDVKVNBSJ
LVN
)FJMJHFS #BTJMJLVN
(SOFS 5VMTJ
5VMBTJ 6TBHFBWPSJOH MPDBMMZ
0DJNVNUIZSTJGMPSVN-
0DJNVNCBTJMJDVN-TTQCBTJMJDVN 0DPUFBQVDIVSZNBKPS.BSU
4ZOPOZNT"DSPEJDMJEJVNQVDIVSZNBKPS /FFTFU.BSU
0DJNVNWJSJEF8JMM FY/FFT
.F[
-JDBSJBQVDIVSZNBKPS .BSU
,PT
UFSN
/FDUBOESBQVDIVSZNBKPS/FFTFU.BSU
0DJNVNHSBUJTTJNVN- $PNNPO/BNFT#SB[JM MPVSPQVYVSJ
QJDIVSJ
QJY
VSJN
QVDIVJSJ(FSNBO(SPF.BDJTCPIOF
1J
DIVSJOVTT
1JDIVSJNCPIOF
4BTTBGSBTOVTT
0-"9-0MBDBDFBF
0DPUFBQSFUJPTB /FFT
.F[ 0FOBOUIFTUPMPOJGFSB8BMM
0
$PNNPO/BNFTGBMTF TBTTBGSBT #SB[JM 1PSUVHVFTF
0FOBOUIFKBWBOJDB #M
%$
DBOFMBTBTTBGST (FSNBO #SBTJMJBOJTDIFS 4BTTB
GSBT
6TBHFTQJDF
BWPSJOHQSPEVDUFTTFOUJBMPJM 0FOBOUIFSBMJOFBSJT%$
1BSUT6TFECBSL
MFBG
%JTUSJCVUJPO4"NFSJDB#SB[JM 0FOBOUIFKBWBOJDB #M
%$
)JDLFZ,VNBS.PSTFUBM
0-"9-
0MBDBDFBF
0&/"/5)&-8BUFS%SPQXPSU
"QJBDFBF 6NCFMMJGFSBF
0MBYTDBOEFOT3PYC
0FOBOUIFKBWBOJDB #M
%$ 6TBHFTQJDF
1BSUT6TFEMFBG
4ZOPOZNT0FOBOUIF KBQPOJDB .JR
0FOBOUIFSB MJO %JTUSJCVUJPO4&"TJB
FBSJT%$
0FOBOUIFSBTUPMPOJGFSB8BMM
4JVNKB
WBOJDVN-
4JVNMBDJOJBUVN#M 5FSSB
6TBHFTQJDF 0SJHBOVNYNBKPSJDVN$BNCFTT
1BSUT6TFETFFE
%JTUSJCVUJPO8"GSJDB(BCVO4"GSJDB
0SJHBOVNCVDIBSJDVN#PSON
#VSLJMM
+BOTFO.BCCFSMFZ/FVXJOHFS
0SJHBOVNWVMHBSF-TTQHSBDJMF -PDI
*FUTXBSU
0MBY[FZMBOJDB-
0SJHBOVNDPNQBDUVN#FOUI
6TBHFDPOEJNFOU MPDBMMZ
.BCCFSMFZ 0SJHBOVNWVMHBSF-TTQWVMHBSF
0MFBGSBHSBOT5IVOC 0SJHBOVNEJDUBNOVT-
0TNBOUIVTGSBHSBOT VOC
-PVS 4ZOPOZNT%JDUBNOVTDSFUJDVT+)JMM
.BKPSBOBEJDUBN
OVT -
,PTUFM
.BKPSBOB UPNFOUPTB .PFODI
4UPLFT
0SJHBOVNTBYBUJMF4BMJTC
0SFMMBOBBNFSJDBOB,VOU[F $PNNPO/BNFTEJUUBOEFS
$SFUF EJUUBOZ
EJUUBOZ PG
$SFUF'SFODIEJDUBNFEF$SFUF(FSNBO%JQUBN
#JYBPSFMMBOB- EPTU FO
,SFUJTDIFS %PTU
1GFFSLSBVU *UBMJBO
0 EJUUBNPDSFUJDP
6TBHFTQJDF
QPUIFSCQSPEVDUGPSEJTUJMMFSJFT
03*("/6.-.BKPSBN
0SFHBOP 1BSUT6TFEMFBG
-BNJBDFBF -BCJBUBF
%JTUSJCVUJPO(SFFDF $SFUF &OHMBOE
*UBMZ
DVMUJWBUFE
JO64"
$SFUF
&OHMBOE
$BMQPV[PT'MFJTIFS4OFFS,JOU[JPT8JMLJOT.BE
TFO #FSHFS
#PJT #PTBCBMJEJT
B #PTBCBMJEJT
5TFLPT $IBSBMBNCPVT $IFFST $MFCTDI
%BWJETPO &SIBSEU FU BM )BHFS
)BOFMU
)BSWBMBFUBMB)FFHFS)JMMFS.FM[JH)PQQF
0SJHBOVNBMCVN4BMJTC *FUTXBBSU.MMFSFUBM4DIOGFMEFS4DIVMU[F.P
UFM4FJEFNBOOD4NBMM5VGFMFUBM5FVTDIFS
0SJHBOVNPOJUFT-
0SJHBOVNBOHMJDVN)JMM 0SJHBOVNGMPSJEVN4BMJTC
0SJHBOVNHMBOEVMPTVN%FTG
0SJHBOVNWVMHBSF-TTQWVMHBSF
0SJHBOVNHSBDJMF,PDI
0SJHBOVNWVMHBSFTTQHSBDJMF ,PDI
-FUTXBBSU
0SJHBOVNIFSBDMFPUJDVN-
0SJHBOVNWVMHBSF-TTQIJSUVN -JOL
-FUTXBOE
0SJHBOVNWVMHBSF-TTQWJSJEF #PJTT
)BZFL
0SJHBOVNIVNJMF.JMM
0SJHBOVNWVMHBSF-TTQWJSJEF #PJTT
)BZFL
0SJHBOVNJOEJDVN3PUI
0SJHBOVNNBKPSBOB
GMPXFSJOH
1PHPTUFNPOIFZOFBOVT#FOUI
"CPV;JFE#SUFMT#BFSFUBME#FSHFS
#FSUFMMJ FU BM #PJT #SFNOFTT $IFFST $JS
0SJHBOVNNBKPSBOB-
DFMMB FU BM $MBJS $PJDJV3BD[ OP ZFBS
%BWJETPO
%FBOT4WPCPEB %VCJBM %VEUTDIFOLP FU BM
4ZOPOZNT.BKPSBOBIPSUFOTJT.PFODI 'BSSFMM 'JTDIFS FU BM
(SBOFS (V[
$PNNPO/BNFTNBSKPSBN TXFFU NBKPSBN
LOPU NBO4JFNPOTNB)BHFS
)BOFMU)FFHFS
UFE NBKPSBN "SBCJD CBSEBHPVTI
CBSTBHVTIB
)FJOF )FQQFS )JMMFS.FM[JH )PGGNBOO FU BM
NBSERPVDIF
NJ[VOKVTLF %VUDI NBSKPMFJO )PQQF*FUTXBBSU,BSBXZB)JGOBXZ,BXB
CBUBFUBM,PNBJUJTFUBM-BHPVSJFUBM-PTTOFS
'SFODINBSKPMBJOF
PSJHBOF(FSNBO(BSUFOEPTU
.FMDIJPS,BTUOFS /PWBL FU BM /ZLOFO
.BKPSBO
.FJSBO
8VSTULSBVU)JOEJNBSVB
NVS 0CFSEJDL
0NFSFUBM1FUFS1P
XB
TBUISB*UBMJBONBHHJPSBOB
QFSTJB1PSUVHVFTF DIMKPCLJO
1TDIZSFNCFM3BHIBWBOFUBM3F
NBOHFSPOB 3VTTJBO NBKPSBO
NBKPSBO TBEPXZK
GBBUFUBM3PUI,PSNBOO3VCFSUPFUBMBSFS
EVTDIJ[BTBEPXBKB
LPMCBTOBKBUSBXB
CPSTUJSPDIJ FUBM4DIOGFMEFS4DISEFS4DIVMU[F.PUFM
4FJEFNBOO D 4FJEFNBOO4JFCFSU 4JFXFL 4JOHI
4BOTLSJULIBSBQBUSB
NBSVCBLB4QBOJTINFKPSB
FUBM4NBMM4UBFTDIF5VGFMFUBM5FVTDIFS
OB5VSLJTINBLJSPO 5VDLFS 6CJMMPT 7BHJ FU BM 7JMMBNBS FU BM
6TBHFTQJDF
QPUIFSCQSPEVDUFTTFOUJBMPJM BWPSJOH ;FWFOEF8FU
PGGPPET
MJRVFVST
QFSGVNF
1BSUT6TFEIFSC
MFBG
03*("/6.-.BKPSBN
0SFHBOP-BNJBDFBF -BCJBUBF
0SJHBOVNYNBKPSBOB$BNCFTT 0SJHBOVNPOJUFT-
0SJHBOVNNBSV-
0SJHBOVNPSJFOUBMF.JMM
0SJHBOVNTZSJBDVN-
0SJHBOVNWVMHBSF-TTQWVMHBSF
0 0SJHBOVNNJDSPQIZMMVN #FOUI
#PJTT
0SJHBOVNQBOJDVMBUVN,PDI
$PNNPO/BNFTNJDSPQIZMMB PSFHBOP
TNBMMMFBWFE
PSFHBOP'SFODIPSJHBOQFUJUFTGFVJMMFT(FSNBO 0SJHBOVNYNBKPSBOB$BNCFTT
4DINBMCMUUSJHFS0SFHBOP
6TBHFTQJDF
1BSUT6TFEMFBG
IFSC 0SJHBOVNTBYBUJMF4BMJTC
%JTUSJCVUJPOOBUJWFUP$SFUF
DVMUJWBUFEJOHBSEFOTJO/
"NFSJDB 0SJHBOVNEJDUBNOVT-
*FUTXBBSU4NBMM
0SJHBOVNTNJSOBFVN4JCUIFU4N
0SJHBOVNTZSJBDVN-
4ZOPOZNT"NBSBDVT TZSJBDVT -
4UPLFT
.BKPSBOB
DSBTTB.PFODI
0SJHBOVNNBSV-
03*("/6.-.BKPSBN
0SFHBOP-BNJBDFBF -BCJBUBF
$PNNPO/BNFT4ZSJBO PSFHBOP
XIJUF PSFHBOP "SB NB[FSEZTDILB
CMPTDIJ[B
EVTIJUTB
TFOPXLB
LBSB
CJD[BBUBS'SFODIPSJHBOE&HZQUF(FSNBO#JC HZOZDI4QBOJTIPSHBOP
PSFHBOPDPNVO5VSL
MJTDIFS 0SFHBOP
#SBVOFS %PTU
4ZSJTDIFS %PTU
JTILFLJHPSHBOPDPNO
NFSDBOLL
"SBCJTDIFS .BKPSBO
4ZSJTDIFS .BKPSBO
&DIUFS 6TBHFTQJDF
QPUIFSCQSPEVDUFTTFOUJBMPJM
4UBVEFONBKPSBO7JFUOBNFTFSBVLJOHIHJPJ 1BSUT6TFEIFSC
6TBHFTQJDF %JTUSJCVUJPO&VSPQF
5VSLFZ
$ZQSVT
*SBR
*SBO
8BOE
1BSUT6TFEMFBG
IFSCQSPEVDUFTTFOUJBMPJM UXPDIF &4JCFSJB
$"TJB
"GHIBOJTUBO
1BLJTUBO)JNBMB
NPUZQFTDBSWBDSPMBOEUIZNPMUZQF
ZBT
.POHPMJB
/8"GSJDB
OBUJWFJO/"NFSJDB
%JTUSJCVUJPO&.FEJUFSSBOFBO3FHJPO4"OBUPMJB
$Z $IJOB
QSVT
4ZSJB
-FCBOPO
*TSBFM
+PSEBO
&HZQU
4JOBJ
1FOJOTVMB "JDIFMF4DIXFHMFS
"SPSB1BOEFZ#SUFMT#FO
EJOJ FU BM #PJT #SFNOFTT $FSWBUP FU BM
/PUF FQMBOUJTUIFCJCMJDBMPSFHBOP
$IFFST $MBJS $PJDJV3BD[ OP ZFBS
%BWJETPO
%VEUTDIFOLP FU BM &SIBSEU FU BM (V[NBO4JFNPOT
"LHM#BZSBL#SUFMT#BTFSFUBM#FSHFS
NB)BHFS
)BOFMU)FFHFS)JMMFS.FM[JH
#PJT#PVSUPO%VEBJFUBM'MFJTIFS'MFJTIFS
)POEFMNBOO )PQQF ,JLV[BLJ/BLBUBOJ
)BHFS
)BOFMU )FQQFS )JMMFS.FM[JH
.FMDIJPS,BTUOFS.JMPFUBM0OEBS[B4BODIF[
*FUTXBBSU,BNFMFUBM0QIPG4NBMM5VGFM
1PDIMKPCLJO
1SVUIJ1TDIZSFNCFM1VFSUBT
FUBM5FVTDIFS5VDLFS5NFO#BFS
.FKJBFUBM3PESJHVFTFUBM3PTFOHBSUFO3PUI
,PSNBOO 4BMNFSPO FU BM 4DIOGFMEFS 4FJEF
NBOOD4FJEFNBOO4JFCFSU4IBSNB4JFXFL
0SJHBOVNUZUUIBOUVN(POUTDI 4NBMM4UBFTDIF5FVTDIFS5VDLFS5VSPWBFU
BM6CJMMPT6IM7FLJBSJFUBMB
C7JMMBNBSFUBM
0SJHBOVNWVMHBSF-TTQHSBDJMF -PDI
*FUTXBBSU 8FSLFSFUBM8ZLFUBM;FWFOEF8FU
0SJHBOVNWJSFOT)PGGNBOOTFU-JOL 0SJHBOVNWVMHBSF-TTQHMBOEVMPTVN
%FTG
*FUTXBBSU
0SJHBOVNWVMHBSF-TTQWJSFOT )PNBOOTFU-JOL
*FUTXBBSU 4ZOPOZNT0SJHBOVN HMBOEVMPTVN %FTG 0SJHBOVN
TNJSOBFVN4JCUIFU4N 0
$PNNPO/BNFT(FSNBO%STJHFS%PTU
0SJHBOVNWJSJEVMVN.BSUSJO%POPT 6TBHFTQJDF
1BSUT6TFEIFSC
0SJHBOVNWVMHBSF-TTQWJSJEF #PJTT
)BZFL %JTUSJCVUJPO/"GSJDB/"MHFSJB
5VOFTJB
)BOFMU*FUTXBBSU5VDLFS
0SJHBOVNWVMHBSF-
#FSHFS
#PJT&SIBSEUFUBM)BOFMU*FUTXBBSU
.FMDIJPS,BTUOFS4DIOGFMEFS5VDLFS
0SJHBOVNWVMHBSF-TVCTQIJSUVN -JOL
-FUTX
#FSHFS
#PJT&SIBSEUFUBM)BOFMU)JMMFS
.FM[JH)PQQF*FUTXBBSU.BBSTFWBO0TUB
0SJHBOVNWVMHBSF-TTQWJSFOT )PGGNBOOT
C
.FMDIJPS,BTUOFS .PDLVUF FU BM 4DIVMU[F
-JOL
-FUTX .PUFM6QIPG7FSFTFUBM
4ZOPOZNT0SJHBOVNWJSFOT)PNBOOT-JOL
0SJH
BOVNNBDSPTUBDIZVN)PNBOOTFU-JOL
$PNNPO/BNFTXJME NBKPSBN (FSNBO 8JMEFS .B 04."/5)64-PVS%FWJM8PPE
0 KPSBO 4XFFU0MJWF0MFBDFBF
6TBHFTQJDF
1BSUT6TFEIFSC
%JTUSJCVUJPO8 .FEJUFSSBOFBO "[PSFT
$BOBSZ *T 0TNBOUIVTBTJBUJDVT/BLBJ
MBOET
.BEFJSB
*CFSJBO1FOJOTVMB
/"GSJDB
#B
MFBSJD *TMBOET
BMTP DVMUJWBUFE JO "SHFOUJOB HBS 0TNBOUIVTGSBHSBOT VOC
-PVS
EFOT
4ZOPOZNT0MFBGSBHSBOTVOC
0TNBOUIVTBTJBUJDVT
/BLBJ
0SJHBOVNWVMHBSF-TTQWJSJEF #PJTT
$PNNPO/BNFTGSBHBOU PMJWF
TXFFU PMJWF
UFB PMJWF
)BZFL TXFFU PTNBOUIVT PXFS $IJOFTF HVJ IVB
ZFO
LVFJ
NV ITJ
(FSNBO 0TNBOUIVTCMUFO
4F
4ZOPOZNT0SJHBOVNIFSBDMFPUJDVN-
0SJHBOVNIV %VCMUF+BQBOFTFVTVHJNPLVTFJ
HJONPLVTFJ
NJMF.JMM
0SJHBOVNOPSNBMF(%PO
0SJHBOVN LJVNPLVTFJ7JFUOBNFTFDBZNPD
WJSJEVMVN.BSUSJO%POPT 6TBHFBWPSJOHPGUFBBOEDBLF
$PNNPO/BNFTXJME NBSKPSBN (FSNBO 'BMTDIFS 1BSUT6TFEPXFS
4UBVEFONBKPSBO %JTUSJCVUJPO+BQBO
48$IJOB&)JNBMBZBT
6TBHFTQJDF
DPOEJNFOU
1BSUT6TFEIFSC
055&-*"1FST)ZESPDIBSJUBDFBF
#PJT $MFCTDI %VLF"ZFOTV &SIBSEU FU BM )JMMFS.FM[JH.BCCFSMZ6QIPG
'MFJTDINBOOFUBM)BOFMU4DIVMU[F.PUFM4FJEF
NBOOD6QIPG8FBMUIPG*OEJB
8JFSTFNB-FO
;FWFOEF8FU
05045&(*"#FOUI
-BNJBDFBF -BCJBUBF
04.03)*;".JDIY
"QJBDFBF 6NCFMMJGFSBF
0UPTUFHJBGSVUJDPTB'PSTTL
$PNNPO/BNFT(FSNBO4USBVDI0UPTUFHJF
0TNPSIJ[BDMBZUPOJJ .JDIY
$#$MBSLF 6TBHFTQJDF
BWPSJOH
1BSUT6TFEMFBG
$PNNPO/BNFTTXFFUKBSWJM %JTUSJCVUJPO&HZQUOFPUSPQJDBM"GSJDBUP$"TJB
6TBHFDPOEJNFOU /PUFFFTTFOUJBMPJMJTBTVCTUJUVUFGPSUIZNFPJM
1BSUT6TFESPPU
VOSJQFTFFE
%JTUSJCVUJPO$
&$BOBEB
64" "CPVUBCMFUBM.BCCFSMZ
/PUFFQMBOUIBTBOBOJTFMJLFBSPNB
4NBMM 055&-*"1FST
)ZESPDIBSJUBDFBF
0TNPSIJ[BMPOHJTUZMJT 5PSS
%$
0UUFMJBBMJTNPJEFT -
1FST
6TBHFDPOEJNFOU
1BSUT6TFEMFBG 4ZOPOZNT0UUFMJBDPOEPSFOTJT(BHO
0UUFMJBKBQPOJDB
%JTUSJCVUJPO8
/"NFSJDB .JR
0UUFMJBKBWBOBJDB.JR
/PUFFQMBOUIBTBOBOJTFMJLFBSPNB $PNNPO/BNFTXBUFSQMBOUBJO PUUFMJB %VUDI EVJ
LFSCMPPN(FSNBO&TQBEB
'SPTDIMFMIOMJDIF
.BCCFSMZ3UTDI 0UUFMJF+BQBOFTFNJ[VCBLP.BMBZTJBOLFMBEJ 0
BZFS1JMJQJOPFTQBEB4QBOJTIUBOHJMBBJTBO
UBXBIQBL
0TNPSIJ[BPDDJEFOUBMJT /VUU
5PSS 6TBHFTQJDF
GPSSJDFBOEWFHFUBCMFT
1BSUT6TFEMFBG
.ZSSIJTPDDJEFOUBMJT#FOUIFU)PPLG %JTUSJCVUJPO&HZQU
*OEJB
4SJ-BOLB
BJMBOE
$IJOB
+BQBO
/"VTUSBMJB
04:3*4- $PPL FU BM &SIBSEU FU BM )BOFMU 4FJEFNBOO
D5VGFMFUBM8JFSTFNB-FO
4BOUBMBDFBF
0TZSJTUFOVJGPMJB&OHM 0UUFMJBDPOEPSFOTJT(BHO
1BSUT6TFEIFSC
0UUFMJBBMJTNPJEFT -
1FST %JTUSJCVUJPO.BEBHBTDBS
;BO[JCBS
$BQF PG (PPE
)PQF
09"-*4-4PSSFM /FVXJOHFS
0YBMJEBDFBF
0YBMJTDPSOJDVMBUB-
0YBMJTBDFUPTFMMB-
4ZOPOZNT0YBMJTKBWBOJDB#M
0YBMJTMVQVMJOB,VOUI
$PNNPO/BNFTDPNNPO XPPE TPSSFM
XPPE TPSSFM
0YBMJTSFQFOTVOC
TIBNSPDL
BMMFMVJB 'SFODI PTFJMMF EF CDIFSPO
$PNNPO/BNFTDSFFQJOH XPPE TPSSFM
DSFFQJOH PYB
PYBMJEF QFUJUF PTFJMMF
PYBEJMMF CMBODIF
QBJO EF MPT
ZFMMPX TPSSFM "SBCJD IBNE #SB[JM 1PSUV
DPVDPV
TVSFUUF (FSNBO 8BMETBVFSLMFF *OEJB HVFTF
B[FEJOIB
QEFQPNCP
USTDPSBPFT
LIBUFNFFUIJ ,BTINJS
*UBMJBOBDFUPTFMMB
BMMFMV USFWP $IJOFTF DV KJBOH
DBP
UTB DIJBOH
ITJBP
KB3VTTJBOLJTMJ[BPCZLOPXFOOBKB4QBOJTIBDF TVBO UTBJ (FSNBO )PSOGSDIUJHFS 4BVFSLMFF
EFSJMMB
PYBEJMFCMBODB
USCPMBDFUP )PSOTBVFSLMFF *OEJB BNCVUJ
BNSVM
DBSOHFSJ
6TBHFTQJDF QVMJZBSBJ
QVMJZBSBM*UBMJBODBSQJHOB7JFUOBNFTF
1BSUT6TFEMFBG NFEBU
NFDIVB
BVU
%JTUSJCVUJPO&VSPQF
5VSLFZ
8BOE&4JCFSJB
)JNB 6TBHFTQJDF
MBZBT
$IJOB
+BQBO
"MBTLB
$BOBEB
/&
/
$
& 1BSUT6TFEMFBG
BOE4&64" %JTUSJCVUJPO&VSPQF
5VSLFZ
-FWBOUF
$BVDBTVTSFHJPO
*SBO
$"TJB
)JNBMBZBT
$IJOB
+BQBO
"NVS
4B
"JDIFMF4DIXFHMFS
#FOEFM %BWJETPO %IBS DIBMJO
/"GSJDB
DPTNPQPMJUJDBM
%IBS%VEUTDIFOLPFUBM&SIBSEUFUBM&SJDITFO
#SPXO'MFJTDIIBVFS)JMMFS.FM[JH,PTDIUTDIFKFX "JDIFMF4DIXFHMFS
%VEUTDIFOLP FU BM &SIBSEU FU
4DIOGFMEFS4DIVMU[F.PUFM4DIVM[4FJEF BM &SJDITFO#SPXO 'MFJTDIIBVFS )BOFMU
0 NBOOD4IBSNB4UPXBSU5VGFMFUBM5VDLFS
6QIPG8JFSTFNB-FO
,VNBS .PST FU BM 0HMF FU BM 4DIOFMMF
4DIVMU[F.PUFM5VGFMFUBM5VDLFS7JMMBNBSFUBM
8JFSTFNB-FO
0YBMJTCBSSFMJFSJ-
0YBMJTDPSZNCPTB%$
4ZOPOZNT0YBMJTTFQJVN"4U)JM
$PNNPO/BNFT*OEPOFTJBOCFMJNCJOHUBOBI 4ZOPOZNT0YBMJT EFCJMJT )#,
0YBMJT NBSUJBOB
6TBHFQPUIFSC ;VDD
1BSUT6TFEMFBG $PNNPO/BNFTQJOLXPPETPSSFM#SB[JM 1PSUVHVFTF
%JTUSJCVUJPOOBUJWFJOUSPQJDBM4"NFSJDB4&"TJBCVU DBSVSVEFTBQP (FSNBO %PMEFOUSBVCJHFS 4BV
JUJTPOMZPDDBTJPOBMMZDVMUJWBUFEJO*OEPOFTJB4V FSLMFF*OEPOFTJBOLFNCBOHHFMBT+BQBOFTFNV
NBUSB
+BWB
.BMBZTJB
1BQVBBOE/FX(VJOFB SBTFBLJLBUSBCBNJ
ZBGBUB 4VNBUSB BTBN QVKB
/PUF*UXBTSTUPCTFSWFEJO+BWBJO 7JFUOBNFTFDIVBNF BBT
IPB PS
6TBHFQPUIFSC
(V[NBO4JFNPOTNB 1BSUT6TFEMFBG
%JTUSJCVUJPOOBUJWF UP USPQJDBM 4 "NFSJDB JO 4& "TJB
CVU JU JT POMZ PDDBTJPOBMMZ GPVOE JO *OEPOFTJB
0YBMJTDBQSJOB- +BWB
84VNBUSB.BMBZTJBBOEUIF1IJMJQQJOFT
/PUF*UXBTJOUSPEVDFEJOUP+BWBGSPN4ZEOFZCFGPSF
$PNNPO/BNFTHPBUTGPPE
XPPETPSSFM
09"-*4-4PSSFM0YBMJEBDFBF
(V[NBO4JFNPOTNB)BOFMU,VNBS.PSTFUBM 0YBMJTMVQVMJOB,VOUI
4DIVMU[F.PUFM
0YBMJTDPSOJDVMBUB-
0YBMJTEFCJMJT)#,
0YBMJTNBSUJBOB;VDD
0YBMJTDPSZNCPTB%$
0YBMJTDPSZNCPTB%$
0YBMJTJOUFSNFEJB"3JDI
0YBMJTNBVSJUJBOB-PEE
0YBMJTMBUJGPMJB,VOUI
0YBMJTDPSZNCPTB%$
0YBMJTKBWBOJDB#M
0YBMJTSFQFOT5IVOC
0YBMJTDPSOJDVMBUB-
0YBMJTDPSOJDVMBUB-
0YBMJTMBUJGPMJB)#,
0YBMJTTFQJVN"4U)JM
4ZOPOZNT0YBMJT JOUFSNFEJB " 3JDI
0YBMJT NBVSJ
UJBOB-PEE 0YBMJTCBSSFMJFSJ-
$PNNPO/BNFTQVSQMF HBSEFO PYBMJT
TIUBJM PYBMJT
(FSNBO #SFJUCMUUSJHFS 4BVFSLMFF *OEPOFTJBO
DBMJOHDJOH4"GSJDBSPPJTVSJOH
SPPJUVJTVSJOH
TV 0YBMJTTUSJDUB-
SJOH
UVJOTVSJOH
6TBHFQPUIFSC $PNNPO/BNFTZFMMPX TIFFQ TPSSFM (FSNBO
1BSUT6TFEMFBG "VGSFDIUFS4BVFSLMFF 0
%JTUSJCVUJPO$BOEUSPQ4"NFSJDB
4&"TJBJUBQQFBST 6TBHFQPUIFSC SBSFMZ
JO*OEPOFTJB+BWB 1BSUT6TFEGSFTIMFBG
%JTUSJCVUJPO& $BOBEB
64"
OBUJWF JO &VSPQF BOE &
"JDIFMF4DIXFHMFS
&SIBSEUFUBM(V[NBO4JFNPOT "TJB
NB)BOFMU,PUUFHPEB4DIVMU[F.PUFM7JM
MBNBSFUBM8JFSTFNB-FO &SIBSEUFUBM'MFJTDIIBVFS
0YBMJTMJWJEB+BDR 0YBMJTWJSJEJT0MJW
/FVXJOHFS %VEUTDIFOLPFUBM
09"-*4-4PSSFM0YBMJEBDFBF
0[ZNVNDJUSBUVN3VNQI
0DJNVNYDJUSJPEPSVN7JT
0
1
1
1BEVTNBIBMFC M
#PSLI HPBJUPFZIPN
QBOBFXPOHJOH7JFUOBNFTF
MBEVB
1SVOVTNBIBMFC- 6TBHFTQJDF
1BSUT6TFEZPVOHMFBWFT
%JTUSJCVUJPO.BMBZTJB
DVMUJWBUFE+BWB
.PMVDDB*TMBOET
1BEVTTFSPUJOB &ISI
#PSLI
"SPSB1BOEFZ%BWJETPO&SIBSEUFUBM(V[NBO
4JFNPOTNB )BOFMU )ZOENBO +F[VTTFL
1SVOVTTFSPUJOB&ISI
.BD-FPE1JFSJT0ZFO%VOH4BMJNFUBM4DIVMU[F
.PUFM4FJEFNBOOD;FWFOEF8FU
1BMNBSJBQBMNBUB -
,VOU[F
3IPEZNFOJBQBMNBUB -
(SFW 1BOEBOVTIBTTLBSMJJ.FNJMM
1BOEBOVTBNBSZMMJGPMJVT3PYC
1BOBYGSVUJDPTVN-
1PMZTDJBTGSVUJDPTB -
)BSNT 1BOEBOVTMBUJGPMJVT)BTTL
1BOEBOVTBNBSZMMJGPMJVT3PYC
1"/%"/641BSLJOTPO4DSFX1JOF
1BOEBOBDFBF
1BOEBOVTPEPSBUJTTJNVT-G
1BOEBOVTBNBSZMMJGPMJVT3PYC 1BOEBOVTUFDUPSJVT1BSLJOT
4ZOPOZNT1BOEBOVTIBTTLBSMJJ.FSS
1BOEBOVTMBUJGP
MJVT)BTTL
1BOEBOVTPEPSVT3JEMFZ 1BOEBOVTPEPSJGFS 'PSTTL
,VOU[F
$PNNPO/BNFTGSBHSBOU QBOEBO
GSBHSBOU TDSFXQ
JOF
QBOEBO$BNCPEJBOUBZ(FSNBO"NBSJM 1BOEBOVTUFDUPSJVT1BSLJOT
MJTCMUUSJHFS 4DISBVCFOCBVN
"NBSJMMJTCMUUSJHF
1BOEBOBOF )JOEJ PXFS LFXSB
LFPSB *OEPOF
TJBOQBOEBO
QBOEBOXBOHJ
QBOEBOSBNQF.B 1BOEBOVTPEPSVT3JEMFZ
MBZTJBO EBVO QBOEBO
QBOEBO
QBOEBO SBNQBJ
QBOEBOXBOHJ1JMJQJOPQBOEBO
QBOEBONBCBO 1BOEBOVTBNBSZMMJGPMJVT3PYC
4QSJOHFS7FSMBH#FSMJO)FJEFMCFSH
1"1"7&3-1PQQZ1BQBWFSBDFBF
1BOEBOVTUFDUPSJVT1BSLJOTPO
$IFFST%BWJETPO%FTIQBOEF%IJOHSBFUBM
%VUUBFUBM&OHFM1IVNNBJ&SIBSEUFUBM)BOFMU
/PSNBO 4DIVMU[F.PUFM 4FJEFNBOO D
E4IBSNB4IJWBFUBM4JFXFL4UPOF
4UPSST6IM7FSIFJK$PSPOFM8JFSTFNB-FO
;FWFOEF8FU 1BOEBOVTUFDUPSJVT
GMPXFSJOH
1"1"7&3-1PQQZ
1BQBWFSBDFBF 6TBHFTQJDF GSFRVFOUMZSPBTUFE
QSPEVDUGBUUZPJM
1BSUT6TFETFFE
%JTUSJCVUJPOOBUJWFBOEDVMUJWBUFEJO"TJB
&VSPQF
1BQBWFSTPNOJGFSVN-
1 "JDIFMF4DIXFHMFS
#SUFMT#FSHFS
#PJT
#SFNOFTT#SPT[BU$IFFST$IJ[[PMB%PCPT
$PNNPO/BNFTPQJVN QPQQZ
QPQQZ
HBSEFO QPQQZ
$PJDJV3BD[ OP ZFBS
$SB[F %BMCZ %BOFSU %B
DIFTTCPMMT"SBCJDDIBTDIDITDI
BCFOON
BC WJETPO &SIBSEU FU BM
'BSSFMM (SFZ8JMTPO
ONO
LIBTILIBTI
LIFTILBTI$IJOFTFZJOH (SNNFS )BHFS
)BNNFS )BNNFS
TPV
ZJOH U[V TIV %VUDI CMBVXNBBO
QBQBWFS 'SJUTDI )BOFMU )FFHFS1PFUILF )FQQFS
'SFODIQBWPU
QBWPUPQJVN
QBWPUCMBOD
QBWPU )JMMFS.FM[JH )PQQF ,BQPPS ,IOMFJO
-FXJOHUPO .FTIFEBOJ FU BM .PSSJT.BDLMFZ
EFTKBSEJOT
PFJMFUUF
PFJMFUFCMFVF(FSNBO.PIO
/*$1#1/PSNBO1FUFST1SVUIJ3UTDI
(BSUFONPIO
4DIMBGNPIO
,MBUTDISPTF
.PIO
3PTFOHBSUFO 4DIOGFMEFS 4DIVMU[F.PUFM 4F
CMVNF)JOEJN
BZVO
BCJOJ
BQIJO
LBTBLBTB
JEFNBOOD4NBMM5VGFMFUBM5FVTDIFS6IM
LBTDI LBTDI
LIVTLIVT
QPTUBLB *UBMJBO QBQBW 6QIPG7JMMBNBSFUBM8)08JFSTFNB-FO
FSP
QBQBWFSPJOEJBOP
QBQBWFSPEPNFTUJDP
SPTP 8ZLFUBM;FWFOEF8FU
MBDDJP+BQBOFTFDIJTIJ
LFTIJ
LTIJ,PSFBOBQIZ
POLLPU
LIBTLIBTB.FYJDPBEPSNJEFSB
BNBQPMB
EFJPQJF1PSUVHVFTFQBQPVMB3VTTJBONBL
[BI 1BQBZBDPNNVOJT/PSPOIB
SPEOZNBL
NBLPKDLB4BOTLSJUBIJQIFOB
QILB
LIBTLIBTB 4MPWFOJBO NBL TJBUZ 4QBOJTI BCBCB
$BSJDBQBQBZB-
BEPSNJEFSB
TFNJMMBEFBNBQPMB5VSLJTIBSGVJO
LPLOBS 7JFUOBNFTF B QIVC EVOH
B QIJFO
BOI
UVD
1"3,*"3#S.JNPTBDFBF -FHVNJOPTBF
1BQBZBWVMHBSJT%$ NPTBQPVSQSF(FSNBO"GSJLBOJTDIF-PDVTUCPI
OF
%BXB
%BXBCBVN
/JUUBCBVN
4VEBO,BFF
$BSJDBQBQBZB- *OEPOFTJFO QFU 1PSUVHVFTF GBSSPCB 8 "GSJDB
LQBMVH
OFSFTVO
OFUJHF
OJSJ
6TBHFQPUIFSC
FTQFDJBMMZGPSTPVQT
1"3*/"3*""VCM 1BSUT6TFETFFE
$ISZTPCBMBODFBF %JTUSJCVUJPO8"GSJDB
(BCVO
84VEBO
OBUJWFJO8
*OEJB
1BSJOBSJBDVSBUFMMJGPMJVN1MBODIFY#FOUI "L"TTJ(VJOLP%BWJETPO&SIBSEUFUBM)BHPT
)BHFS /FVXJOHFS 0CPI&LQFSJHJO 4DIVM
U[F.PUFM5VGFMFUBM8JFSTFNB-FO
4ZOPOZNT1BSJOBSJBHBSEJOFSJ)FNTM
1BSJOBSJBNBC
PMP0MJW
$PNNPO/BNFTNBSCPDPSLUSFF
HSZTBQQMF
NPCPMB
QMVN'SFODIQBSJOBJSF
UPVUPVCMBOD 1BSLJBDMBQQFSUPOJB,FBZ
6TBHFTQJDF
BQQMJFEQJNFOU
1BSUT6TFEGSVJU 1BSLJBCJHMPCPTB +BDR
3#SFY(%PO
%JTUSJCVUJPO"GSJDB$BNFSPPO
GSPN4FOFHBMUP6HBO
EB
4VEBO
TPVUIXBSEUP;JNCBCXFDVMUJWBUFEJO
USPQJDBM"GSJDBBOE4"NFSJDB 1BSLJBGJMJDPJEFB8FMX
1BSJOBSJBDVSBUFMMJGPMJVN1MBODIFY#FOUI %JTUSJCVUJPOUSPQJDBM"GSJDB
6QIPG
1BSJOBSJBNBCPMP0MJW
1
1BSJOBSJBDVSBUFMMJGPMJVN1MBODIFY#FOUI 1BSLJBNBDSPDBSQB.JR
1BSLJBTQFDJPTB)BTTL
1"3,*"3#S
.JNPTBDFBF -FHVNJOPTBF
1BSLJBTQFDJPTB)BTTL
1BSLJBBGSJDBOB3#S 4ZOPOZNT1BSLJBNBDSPDBSQB.JR
$PNNPO/BNFTQFUFI (FSNBO 1FUFICPIOF .BMBZ
1BSLJBCJHMPCPTB +BDR
3#SFY(%PO TJBOOZJSJOH
QFUBJBJLBUP
TBUP
QBUBP
6TBHFTQJDF
1BSUT6TFETFFE
1BSLJBCJHMPCPTB +BDR
3#SFY(%PO %JTUSJCVUJPO.BMBZTJB
*OEPOFTJB +BWB
/PUFFTFFETIBWFBHBSMJDUBTUF
4ZOPOZNT.JNPTBCJHMPCPTB+BDR
1BSLJBBGSJDBOB3
#S
1BSLJBDMBQQFSUPOJB,FBZ &SIBSEUFUBM)BHPT)BHFS4DIVMU[F.PUFM
4FJEFNBOO D 4FJEFNBOO4JFCFSU 4JFNPOTNB1JMVFL
$PNNPO/BNFT 8FTU
"GSJDBO MPDVTUCFBO
TUJOL
CFBO%VUDITUJOLCPPO'SFODIBSCSFGBSJOF
NJ
1"45*/"$"-1BSTOJQ"QJBDFBF 6NCFMMJGFSBF
DBSPUBSPTTB+BQBOFTFQBBTVOJUQV,PSFBOIKBOH
NVV
UBONJOBSJ 1PSUVHVFTF QBTUJOBDB
DIJSJWJB
3VTTJBOQBTUFSOBL
QBTUFSOBLQPTFWOPK4QBOJTI
DIJSJWB
QBTUJOBDB
6TBHFQPUIFSC
1BSUT6TFEMFBG
SPPU
%JTUSJCVUJPO&VSPQF
/FBS&BTU
$BVDBTVT
*SBO
&
8
4JCFSJB
OBUJWF JO / BOE 4 "NFSJDB
"VTUSBMJB
/FX;FBMBOE
/PUFFXJMEUZQFIBTBTPVSSPPU
#FSHFS
#JMHSJ"EBN#PJT$IFFST%BWJE
TPO%VEUTDIFOLPFUBM&SIBSEUFUBM'MFJTDIIBV
FS)BOFMU)JMMFS.FM[JH,SCFS(SPIOF,V
CFD[LB4UBIM -PDI 4DIOFMMF 4DIOGFMEFS
4DIVMU[F.PUFM4FJEFNBOOD4FJEFNBOO4JFCFSU
4UBIM,VCFD[LB 5VGFM FU BM 6QIPG 8JFSTFNB
-FO;FWFOEF8FU
1BTUJOBDBTZMWFTUSJT.JMM
1BTUJOBDBTBUJWB-
1BSLJBTQFDJPTB
GSVJUT
1BTUJOBDBWVMHBSJT#VCBOJ
4UBFTDIF4USBV5VGFMFUBM6QIPG
1BTUJOBDBTBUJWB-
8JFSTFNB-FO;FWFOEF8FU
1BVMMJOJBBTJBUJDB-
1 1"45*/"$"-1BSTOJQ
"QJBDFBF 6NCFMMJGFSBF
5PEEBMJBBTJBUJDB -
-BN
1BTUJOBDBFTDVMFOUB4BMJTC 1&$5*4-
"TUFSBDFBF $PNQPTJUBF
1BTUJOBDBTBUJWB-
1FDUJTQBQQPTB)BSWFU"(SBZ
1BTUJOBDBTBUJWB-
$PNNPO/BNFTGFUJENBSJHPME
DIJDLXFFE (FSNBO
4ZOPOZNT"OFUIVN QBTUJOBDB 8JCFM
1BTUJOBDB FTDV 4UJOLFOEFT.BSJFHPME
MFOUB 4BMJTC
1BTUJOBDB TZMWFTUSJT .JMM
1BTUJOBDB 6TBHFBWPSJOH CZ UIF *OEJBOT PG /FX .FYJDP GPS
WVMHBSJT #VMCBOJ
1FVDFEBOVN TBUJWVN #FOUI FU NFBU
)PPL
4FMJOVNQBTUJOBDB$SBOU[ 1BSUT6TFEPXFS
$PNNPO/BNFTQBSTOJQ"SBCJDHB[BSBCJBE$IJOFTF %JTUSJCVUJPO4864"
NFJHVPGBOHGFOH%VUDIQBTUFOBBL'SFODIQB
OBJT
QBTUFOBRVF(FSNBO)BNNFMNISF
.BH .BCCFSMZ6QIPG
1BSUT6TFEMFBG
%JTUSJCVUJPO4"GSJDB
1FMBSHPOJVNBCSPUBOVN -G
+BDR /PUFFTQFDJFTIBTBEJTUJODUGSBHSBODFPGSPTFMJLF
PEPSFQMBOUIBWFCFFODVMUJWBUFEPOUIFJTMBOE
$PNNPO/BNFTTPVUIFSO XPPE
HFSBOJVN(FSNBO PG3VOJPOTJODF
8FSNVUHFSBOJF
6TBHFBWPSJOH #PVSUPO #SFNOFTT %BWJETPO %VEUTDIFOLP FU
BM &SIBSEU FU BM )BOFMU 3PUI,PSNBOO
1BSUT6TFEMFBG
4DIVMU[F.PUFM 4IJWB FU BM 4NBMM 6QIPG
%JTUSJCVUJPO4"GSJDB 8JFHFMF8JFSTFNB-FO;FWFOEF8FU
)VYMFZFUBM
1&-"3(0/*6.-)SJUFY"JU1FMBSHPOJVN
XSPOHMZ(FSBOJVN(FSBOJBDFBF
1FMBSHPOJVNYDJUSPTVN7PJHUFY4QSBHVF 1FMBSHPOJVNYHSBWFPMFOT-)SJUFY"JU
#SFNOFTT $IFFST &SIBSEU FU BM )BOFMU 1FMBSHPOJVNYMJNPOFVN4XFFU
4DIVMU[F.PUFM 4NBMM 8JFHFMF 8JFSTFNB-FO
;FWFOEF8FU
$PNNPO/BNFT&OHMJTIOHFSCPXMHFSBOJVN
6TBHFBWPSJOHQSPEVDUFTTFOUJBMPJM
1BSUT6TFEMFBG
(FSBOJVNDSJTQVN,VOU[F %JTUSJCVUJPO4"GSJDB
1 /PUFFQMBOUJTBIZCSJEGSPNMFNPOHFSBOJVN 1FM
(FSBOJVNDSJTQVN #FSH
-)FSJUFY"JU BSHPOJVNDSJTQVN<#FSH>-)SUFY"JU
4NBMM
1FMBSHPOJVNYGSBHSBOT 1PJS
8JMME
6TBHFBWPSJOHQSPEVDUFTTFOUJBMPJM 1BSUT6TFEMFBG
1BSUT6TFEMFBG %JTUSJCVUJPO4"GSJDB
$BQFMBOE
%JTUSJCVUJPO4"GSJDB
DVMUJWBUFE'SBODF
4QBJO
#SB[JM /PUFF FTTFOUJBM PJM IBT B IJHI DVNBSJO DPOUFOU
/PUFFUSVFTQFDJFTJTBQQMFTDFOUFE _
FSPPUJTVTFEBTBNFEJDJOBMQMBOU
#SFNOFTT$IFFST%BWJETPO&SIBSEUFUBM )BOFMU,PMPE[JFKFUBM.JMMFS
)BOFMU)JMMFS.FM[JH,PMPE[JFKFUBM,VNBS
.PST3J[[JOJ 4DIVMU[F.PUFM 4NBMM 5FVTDIFS
6QIPG8JFHFMF8JFSTFNB-FO;FWFOEF
8FU 1FMBSHPOJVNSPTFVNBVDU
1FMBSHPOJVNDBQJUBUVN -
"JUY1FMBSHPOJVN
1FMBSHPOJVNQBQJMJPOBDFVN"JU SBEFOT.PPSF
1FMBSHPOJVNUPNFOUPTVN+BDR
1FMBSHPOJVNSBEFOT)&.PPSF
$PNNPO/BNFTQFQQFSNJOU TDFOUFE HFSBOJVN (FS
4ZOPOZNT(FSBOJVNSFWPMVUVN+BDR NBO1GFFSNJO[HFSBOJF
1GFFSNJO[QFMBSHPOJF 1
$PNNPO/BNFTNJOUHFSBOJVN
CBMTBN TDFOUFE
HF 6TBHFBWPSJOHQSPEVDUFTTFOUJBMPJM
SBOJVN (FSNBO .JO[QFMBSHPOJF
#BMTBNQFMBS 1BSUT6TFEMFBG
HPOJF %JTUSJCVUJPO4 "GSJDB
JO 8 &VSPQF
.PSPDDP BOE /
6TBHFBWPSJOHQSPEVDUFTTFOUJBMPJM ANBXBIPJMJO "NFSJDBDVMUJWBUFE
,FOZB
/PUF FQFQQFSNJOUTDFOUFEFTTFOUJBMPJMIBTBIJHI
1BSUT6TFEMFBG NFOUPOFDPOUFOU
%JTUSJCVUJPO4"GSJDB$BQF
DVMUJWBUFEJO,FOZB
/PUFFUSVFTQFDJFTIBTBNJOUTDFOUFEPEPS $IFFST&SIBSEUFUBM)BOFMU,PMPE[JFKFUBM
3PUI,PSNBOO 4NBMM 8JFHFMF 8JFSTFNB-FO
;FWFOEF8FU
#SFNOFTT &SIBSEU FU BM )BOFMU ,PMPE[JFK FU BM
3PUI,PSNBOO 4NBMM 8JFHFMF ;FWFOEF
8FU
1FMBSHPOJVNSFGFOJGPSNF$VSUJT
$PNNPO/BNFT"GSJDBOVNDLBMPFCP
6TBHFBWPSJOHQSPEVDUFTTFOUJBMPJM
1&/5"%*1-"/%3"#BJMM1FOUBEJQMBOESBDFBF $BQQBSJEBDFBF
1&/5"%*1-"/%3"#BJMM 1&3*--"-1FSJMMB
1FOUBEJQMBOESBDFBF $BQQBSJEBDFBF
-BNJBDFBF -BCJBUBF
1FOUBEJQMBOESBCSB[[FBOB#BJMM 1FSJMMBBSHVUB#FOUI
.BCCFSMZ/FVXJOHFS
1FSJMMBDJUSJPEPSB-
4ZOPOZNT1JQFSDPODJOOVN)BX
1JQFSQFMMVDJEVN-
$PNNPO/BNFTQFQQFSFMEFS
SBCCJUFBS#SB[JM 1PSUV
HVFTF
DPNJEBEFKBCPUJ
NBSJBNPMF
YJNCV$V 1FSJMMBGSVUFTDFOT -
#SJUUPO
1 CBOZFSCBEFMBQMBUB(FSNBO%VSDITDIFJOFOEFS
1GFFS1FSVTBDIBZVZV1JMJQJOPPMBTJNBOJIB 4ZOPOZNT.FMJTTB NBYJNB "SE
.FOUIB QFSJMMPJEFT
MBT
JLNPOHCBUBBJQIBLLSBTBOH -BN
0DJNVN DSJTQVN VOC
0DJNVN GSVUF
6TBHFTQJDF JO8"GSJDBBOEBJMBOE
TDFOT -
1FSJMMB OBOLJOT %FDOF
1FSJMMB OBOLJOT
1BSUT6TFEIFSC -PVS
4QSFOH
1FSJMMBPDZNPJEFT-
%JTUSJCVUJPOUSPQJDBM"NFSJDB
OBUJWFJONBOZUSPQJDBM $PNNPO/BNFTCFFGTUFBL QMBOU
QFSJMMB
QFSJMMB NJOU
BSFBT8"GSJDB
BJMBOE QVSQMF NJOU
$IJOFTF CBTJM
BJ CBTJM $IJOFTF
ITJBOH TVJ
TVU[V TV
U[V TV
[J TV ZF 'SFODI
"SPSB1BOEFZ )BOFMU .PST FU BM 4DIVMU[F.P QSJMMF(FSNBO4DIXBS[OFTTFM
M1FSJMMB
BJ
UFM7JMMBNBSFUBM8JFSFNB-FO;FWFOEF8FU
#BTJMJLVN)JOEJCIBOKJSB
IBOTIJ+BQBOFTFBP
TIJTP
TIJTP HSFFOQFSJMMB
BLBTIJTPFHPNB SFE
QFSJMMB
,PSFBODIBKPHJ
UMLLBF3VTTJBOQFSJMMB
TVETB7JFUOBNFTFSBVUJBUP
UBJUP
6TBHFTQJDFQSPEVDUFTTFOUJBMPJM
BWPSJOHPGTXFFU
UPCBDDP
TBVDFT
DIFXJOHHVNBOEDBOEZ
1BSUT6TFEMFBG
IFSC
%JTUSJCVUJPO)JNBMBZBT
/*OEJBUP/.ZBONBS
$IJ
OB
+BQBO
BMTP DVMUJWBUFE JO 6LSBJOF
$IJOB
+B
1&3074,*",BSFM1FSPWTLJB-BNJBDFBF -BCJBUBF
"SJUPNJ FU BM "SPSB1BEOFZ #ZVO FU BM $IFFST
$MFCTDI%ONF[&SIBSEUFUBM'JFHFSU4FJCU
'KJUB/BLBZBNB (V[NBO4JFNPOTNB )BOFMU
)BZ8BUFSNBO)JMMFS.FM[JH)POEPFUBM
*UP)POEB,BNFPLB/JTIJLBXB,BOHFUBM
,PF[VLBFUBM,SBVFUBM,VFCBM5VDLFS
-BSLPN-POHWBI%PFTUIBMF-DL.BLJOP
.JTSB)VTBJO3PUI,PSNBOO4DIVMU[F.PUFM4F
JEFNBOOD4NBMM5VGFMFUBM5VDLFS5VSPWB
FUBM6QIPG8)08JFSTFNB-FO:VCBFU
BM;FWFOEF8FU
1FSJMMBOBOLJOT%FDOF
1FSJMBBGSVUFTDFOT -
#SJUUPO
1FSPWTLJBBCSPUBOPJEFT
GMPXFSJOH
1FSJMMBOBOLJOT -PVS
4QSFOH
&SIBSEUFUBM)JMMFS.FM[JH/JHBNFUBM4DIVMU[F
1FSJMMBGSVUFTDFOT -
#SJUUPO
.PUFM:PVOPTFUBM
1FSJMMBPDZNPJEFT- 1
1FSPWTLBKBBUSJQMJDJGJMJB#FOUI
1FSJMMBGSVUFTDFOT -
#SJUUPO
$PNNPO/BNFT1BNJSTBHF
TJMWFSTBHF$IJOFTFMJOMJ
ZF
GFOZPBLVB'SFODI1FSPWTLJBGFVJMMFT(FS
1&3074,*",BSFM1FSPWTLJB NBO4JMCFSQFSPWTLJF
1BNJSTBMCFJ
-BNJBDFBF -BCJBUBF
6TBHFBWPSJOH TQPSBEJDBMMZ
QSPEVDUFTTFOUJBMPJM
1BSUT6TFEPXFS
%JTUSJCVUJPO"GHIBOJTUBO
1BLJTUBO
)JNBMBZBT
5JCFU
1FSPWTLJBBCSPUBOPJEFT,BSFM
"MJFUBM%BCJSJ4FGJELPO+BTTCJFUBM.VDDJBSFMMJ
FU BM 1PVSNPSUB[BWJ FU BM 3BP 4FGJELPO FU BM
$PNNPO/BNFT$BTQJBO TBHF
3VTTJBO TBHF $IJOFTF
:PVOPTFUBM
GFO ZPB LVB 'SFODI QSPWTLJB (FSNBO -FEFS
TDIOJUUJHF 1FSPWTLJF
3VTTJTDIFS 4BMCFJ 3VTTJBO
QFSPWTLJKBQPMZOOBKB
6TBHFBWPSJOH TQPSBEJDBMMZ
QSPEVDUFTTFOUJBMPJM 1FSPWTLJBTDSPQIVMBSJJGPMJB#VOHF
1BSUT6TFEMFBG
%JTUSJCVUJPO)JNBMBZBT
"GHIBOJTUBO
5JCFU
5VSLNFO $PNNPO/BNFTXSJOLMFE QFSPWTLJB 'SFODI SJE
JTUBODVMUJWBUFEJOUIF$SJNFB QSPWTLJB(FSNBO3VO[MJHF1FSPWTLJF
1&34&".JMM"WPDBEP-BVSBDFBF
6TBHFBWPSJOHQSPEVDUFTTFOUJBMPJM OPZFBS
%BWJETPO%VEUTDIFOLPFUBM&SIBSEUFUBM
(V[NBO4JFNPOTNBIBOFMU)JMMFS.FM[JH
1BSUT6TFEMFBG
)PQQF -BSLDPN 4DIOGFMEFS 4DIVMU[F.PUFM
%JTUSJCVUJPO$IJOB
*OEJB
8"TJB 4FJEFNBOO D 4NBMM 5VDLFS 5VSPWB FU BM
8JFSTFNB-FO;FWFOEF8FU
&SIBSEUFUBM)BOFMUFUBM.VDDJBSFMMJFUBM
1FSTJDBSJBNBDVMBUB 3BGJO
4'(SBZ
1&34&".JMM"WPDBEP
-BVSBDFBF 1PMZHPOVNQFSTJDBSJB-
1FSTFBCPSCPOJB -
3BG 1FSTJDBSJBPEPSBUB -PVS
4PKL
1&5"4*5&4.JMM#VUUFSCVS 1FUBTJUFTMJVLJVFOTJT,JUBN
"TUFSBDFBF $PNQPTJUFT
1FUBTJUFTKBQPOJDB 4JFCFU;VDD
.BYJN
1FUBTJUFTBMCVT -
(BFSUO
1FUBTJUFTPGGJDJOBMJT.PFODI
$PNNPO/BNFTXIJUF CVUUFSCVS 'SFODI QSUBTJUF
CMBOD(FSNBO8FJF1FTUXVS[ 1FUBTJUFTIZCSJEVT -
((BFSUO
#.FZFU4DIFSC
6TBHFTQJDF BTTBMUXIFOTIPSUBHF
1BSUT6TFEQMBOUBTI
%JTUSJCVUJPO&VSPQF
#BMLBODPVOUSJFT
5VSLFZ
$BVDB 1FUBTJUFTQBMNBUB(SBZ
TVT
$PNNPO/BNFTQBMNBUB CVUUFSCVS
TXFFU DPMUTGPPU
&SIBSEUFUBM'MFJTDIIBVFS-PDI4DIOFMMF (FSNBO4F1FTUXVS[
6TBHFTQJDF BTTBMU
1BSUT6TFEQMBOUBTI
1FUBTJUFTIZCSJEVT((BFSUO
#.FZFU %JTUSJCVUJPO/"NFSJDB
4DIFSC
6QIPG
4ZOPOZNT1FUBTJUFTPDJOBMJT.PFODI
$PNNPO/BNFTCVUUFSCVS
VNCSFMMB 'SFODI QUBTJUF
WVMHBJSF(FSNBO(FNFJOF1FTUXVS[
3PUF1FTU 1FUBTJUFTQBSBEPYVT 3FU[
#BVNH
XVS[ *UBMJBO GBSGBSBDDJP 3VTTJBO QPECFM
CFMP
LPQZUOJL $PNNPO/BNFTBMQFTCVUUFSCVS(FSNBO"MQFO1FTU
6TBHFTQJDF BTTBMUXIFOTIPSUBHF
XVS[
1BSUT6TFEQMBOUBTI 6TBHFTQJDF BTTBMUJGTIPSUBHF
DJPHJBQQPOFTF+BQBOFTFBUJLBCVLJ
GVLJ,PSFBO
NPXJ1PSUVHVFTFQFUBTJEFKBQPOT4QBOJTIGS
GBSBKBQPOFTB 1FUBTJUFTTQVSJVT 3FU[
3FIC
6TBHFDPOEJNFOU
1BSUT6TFEPXFSCVE 4ZOPOZNT1FUBTJUFTUPNFOUPTVT%$
%JTUSJCVUJPO$IJOB
+BQBO
,PSFB
4BDIBMJO
3ZVLZV*T $PNNPO/BNFTMJLF GFMU CVUUFSCVS (FSNBO 'JM[JHF
MBOE 1FTUXVS[
6TBHFTQJDF BTTBMUJGTIPSUBHF
&SIBSEUFUBM'MFJTDIIBVFS-PDI GVMPSJHJOBUFEQSPCBCMZJOUIF.FEJUFSSBOFBOSF
HJPOPS8"TJB
DVMUJWBUFEBOEOBUJWFJO&VSPQF
/PUF1BSTMFZ JT POF PG UIF NPTU JNQPSUBOU DVMJOBSZ
1FUBTJUFTUPNFOUPTVT%$ IFSCT #FXBSF DPOGVTJPO XJUI GPPMT QBSTMFZ
'SFODI QFUJUF DJHV (FSNBO )VOEQFUFSTJMJF
1FUBTJUFTTQVSJVT 3FU[
3FIC 3VTTJBO LPLPSJTDI
TPCBUTDIKB QFUSVTDILB "F
UIVTBDZOBQJVN-
4ZOPOZNT1FUSPTFMJOVNTBUJWVN)PN
1FUSPTFMJOVNDSJTQVN .JMM
/ZN $PNNPO/BNFTDPNNPOQBSTMFZ
EPVCMFDVSMFEQBST
1 MFZ
"SBCJD NBEBOPVT $IJOFTF ZBOH ZBO TVJ
4ZOPOZNT"QJVN DSJTQVN .JMM
"QJVN QFUSPTFMJOVN %VUDI QFUFSTFMJFCMBE 'SFODI QFSTJM
QFSTJM DPN
-
$BSVNQFUSPTFMJOVN#FOUIFU)PPL
1FUSPTF NVO (FSNBO #MBUUQFUFSTJMJF
,SBVTF 1FUFSTJMJF
MJOVN IPSUFOTF )PN
1FUSPTFMJOVN WVMHBSF + *UBMJBOQSF[[FNPMP+BQBOFTFQBTFSJJ.BMBZTJBO
)JMM
EBVO QBTMJ 1PSUVHVFTF TBMTB
TBMTB DPNNVN
$PNNPO/BNFTQBSTMFZ"SBCJDCBHEVOJT
NBLEVOJT TBMTJOIB 3VTTJBO QFUSVTDILB MJTUPWBKB 4QBOJTI
$IJOFTF ZBOH ZBO TVJ %VUDI QFUFSTFMJF 'SFODI QFSFKJM
QFSTJM (FSNBO (BSUFOQFUFSTJMJF
,SBVTF 1FUFS 6TBHFTQJDF
TFBTPOJOH
BWPSJOH
TJMJF
1FUFSMJOH
1FUFSTJMMJOH )JOEJ BKNPPE
QJUBS 1BSUT6TFEMFBGGSFTI
ESZ
EFIZESBUFEPSGSP[FO
TBMFSJ *UBMJBO QSF[[FNPMP +BQBOFTF QBTFSJ ,P %JTUSJCVUJPOPOMZDVMUJWBUFE
SFBOIZBOHNJOBSJ
LPQTJMNJOBSJ.BMBZTJBOQBTMJ /PUFFSF JT NVDI GVSUIFS WBSJBCJMJUZ
FTQFDJBMMZ JO
1PSUVHVFTF TBMTB
TBMTJOIB 3VTTJBO QFUSVTDILB MFBGTJ[F
TIBQFBOEEJTTFDUJPOQBUUFSOT
4 "GSJDB QJFUFSTFMJF 4QBOJTI QFSFKJM BJ QIBL
DIFF5VSLJTINBEBOPT7JFUOBNFTFSBVNVJUBZ #SFNOFTT &SIBSEU FU BM 'BSSFMM 'SBODJT*TBLTFO
)BOFMU *ISJH +VOH FU BM .BTBOFU[(SP
6TBHFTQJDF
BWPSJOHQSPEVDUFTTFOUJBMPJM JTVTFE
TDI.FMDIJPS,BTUOFS1PDIMKPCLJO
3UTDI
JODPNNFSDJBMGPPEBWPSJOH
4DIVMU[F.PUFM4FJEFNBOOD4NBMM5VGFM
1BSUT6TFEMFBG FUBM8JFSTFNB-FO
%JTUSJCVUJPOUIFOBUVSBMSBOHFBTBXJMEQMBOUJTEPVCU
1&6$&%"/6.-)PHT'FOOFM"QJBDFBF 6NCFMMJGFSBF
1FUSPTFMJOVNDSJTQVN .JMM
)PGGNWBS 1FVDFEBOVNOBHQVSFOTJT1SBJO
SBEJDPTVN "MFG
%BOFSU
6TBHFTQJDF
BQQMJFEMJLFDPSJBOEFS
4ZOPOZNT"QJVN MBUJGPMJVN .JMM
"QJVN UVCFSPTVN 1BSUT6TFEMFBG
#FSOIFY3DIC %JTUSJCVUJPO*OEJB#JMIBS
0SJTTB
8#FOHBM
$PNNPO/BNFTUVSOJQSPPUFEQBSTMFZ
)BNCVSHQBST
MFZ "SBCJD NBEBOPVT MFFZ $IJOFTF HFO YJBOH "SPSB1BOEFZ6QIPG
RJO%VUDILOPMQFUFSTFMJF'SFODIQFSTJMHSPTTF
SBDJOF
QFSTJMUVCSFVY(FSNBO8VS[FMQFUFSTJMJF
,OPMMFOQFUFSJMJF *UBMJBO QSF[[NPMP UVCFSPTP 1FVDFEBOVNPTUSVUIJVN -
8%+,PDI
+BQBOFTF OFQBTFSJJ 1PSUVHVFTF TBMTB UVCFSPTB
3VTTJBO QFUSVTDILB LPSOFWBKB 4QBOJTI QFSFKJM 4ZOPOZNT*NQFSBUPSJBPTUSVUIJVN-
HSBOEF
QFSFKJMIBNCVSHP
QFSFKJMUVCFSPTP $PNNPO/BNFTIPHGFOOFM
NBTUFS XPSU
QFMMJUPSZ
6TBHFTQJDF
BWPSJOH PG 4QBJO 'SFODI JNQSBUPJSF
CFOKPJO EFT QBZT
1BSUT6TFEUBQSPPU
MFBG QFVDEBOPTUSPUF(FSNBO.FJTUFSXVS[ FM
,BJ
%JTUSJCVUJPOPOMZDVMUJWBUFE TFSXVS[ FM
0TUSV[ *UBMJBO JNQFSBUPSJB
FSCB
SFOB
FMBGPCPTDPFSCBSFOB3VTTJBO[BSTLJKLPSFO
&SIBSEUFUBM)BOFMU)FFHFS.BOTGFME/JU[ LPSOFXJTUTDIF[BSTLPHPLPTUZMKB4QBOJTIJNQFSB
FUBM1BJMMBO-FHVF3UTDI4DIVMU[F.PUFM
UPSJB
4FJEFNBOO D 4FJEFNBOO4JFCFSU 5VGFM FU BM
5VDLFS
6TBHFTQJDFGPSHSFFODIFFTFBOEESJOLT
1BSUT6TFESIJ[PNF
%JTUSJCVUJPO&VSPQF'SBODF
*CFSJB
$&VSPQF
&$&V
SPQF$SJNFB/"NFSJDB
1FUSPTFMJOVNIPSUFOTF)PGGN
"JDIFMF4DIXFHMFS
$IBSBMBNCPVT &SIBSEU FU BM
'MFJTDIIBVFS )BOFMU )JMMFS.FM[JH )PQQF
1FUSPTFMJOVNDSJTQVN .JMM
/ZN
.BOTGFME4DIOGFMEFS4DIVMU[F.PUFM4F
JEFNBOOD6TIFS8TUFOGFME)BFOTFM;FWFOEF
8FU
1FUSPTFMJOVNTBUJWVN)PGGN
1FUSPTFMJOVNDSJTQVN .JMM
/ZNDPOWBSDSJTQVN 1FVDBEBOVNTBUJWVN#FOUI&U)PPL 1
1BTUJOBDBTBUJWB-
1FUSPTFMJOVNWVMHBSF+)JMM
1FUSPTFMJOVNDSJTQVN .JMM
/ZN 1FVDBEBOVNTPXB 3PYCFY'MFNJOH
,VS[
"OFUIVNHSBWFPMFOT-
1&6$&%"/6.-)PHT'FOOFM
"QJBDFBF 6NCFMMJGFSBF
1FVDFEBOVNQBMVTUSF -
.PFODI
1FVDFEBOVNHSBWFPMFOT -
)JFSO 4ZOPOZNT4FMJOVNQBMVTUSF-
4FMJOVNTZMWFTUSF-
$PNNPO/BNFTNJML QBSTMFZ (FSNBO 4VNQG)BBS
"OFUIVNHSBWFPMFOT- TUSBOH
6TBHFTQJDF
1BSUT6TFESPPU
%JTUSJCVUJPO&VSPQF*CFSJB"TJB
84JCFSJB
1&6.64.PMJOB#PMEP.POJNJBDFBF
1&6.64.PMJOB#PMEP 1)-0.*4-
.POJNJBDFBF -BNJBDFB -BCJBUBF
1FVNVTCPMEVT.PM 1IMPNJTPMJWJFSJ#FOUI
4ZOPOZNT#PMEVTCPMEVT .PMJOB
-ZPOT1FVNVTCPM $PNNPO/BNFT+FSVTBMFN TBHF (FSNBO 0MJWFS
EVT .PMJOB
-ZPOT
1FVNVT DIJMFOTJ 4DIVMU FU #SBOELSBVU
0MJWFS4USBVDIOFTTFM+FSVTBMFN4BM
4DIVMU
1FVNVTGSBHSBOT3VJ[1BW CFJ
$PNNPO/BNFTCPMEP MFBG
'SFODI CPMEP
GFVJMMF 6TBHFTQJDF
BWPSJOHQSPEVDUFTTFOUJBMPJM
EFCPMEP(FSNBO#PMEPCMUUFS*UBMJBOGPHMJBEJ 1BSUT6TFEIFSC
CPMEP4QBOJTIIPKBEFCPMEP %JTUSJCVUJPO*TSBFM
*SBO
$BVDBTVT
6TBHFTQJDF
1BSUT6TFEMFBG .JS[B/JL
%JTUSJCVUJPO$IJMF DVMUJWBUFE"MHFSJB
$IBSBMBNCPVT %VLF FU BM &SIBSEU FU BM
1IZMBTDBCFSSJNB +VTTFY1FST
.PMEFOUF
)BOFMU)JMMFS.FM[JH)PGGNBOOFUBM)PINBOOFU
BM)PQQF,SVH#PSLPXTLJ.BOTGFME/FXBMM
-JQQJBEVMDJT5SFWJFS
FUBM0DIPB"MGPOTP1TDIZSFNCFM3UTDI
4DIVMU[F.PUFM4FJEFNBOOD5FVTDIFS6Q
IPG6S[B"DVB8PMUFST8ZLFUBM
1):--"/5)64-o'PMJBHF'MPXFS
&VQIPSCJBDFBF
1FVNVTCPMEVT .PMJOB
-ZPOT
1
1FVNVTCPMEVT.PMJOB 1IZMMBOUIVTFNCMJDB-
"HBSXBM&ODLFFUBM
)BOFMU.PSUPO
1*$3"4."#M#JUUFSXPPE4JNBSPVCBDFBF
1IZMMBOUIVTMMBOPTJ.MM"SH
1*$3"4."#M#JUUFSXPPE
(MPDIJEJPOMMBOPTJ.MM 4JNBSPVCBDFBF
1IZTBMJTQIJMBEFMQIJB-BN
1JDSBTNBFYDFMTB 4X
1MBODI
4ZOPOZNT1IZTBMJTJYPDBSQBBVDU
$PNNPO/BNFTUPNBUJMMP
HSPVOEDIFSSZ
KBNDIFSSZ
4ZOPOZNT1JDSBFOBFYDFMTB-JOEM
IVTLUPNBUJMMP
QVSQMFHPPTFCFSSZ$IJOFTFNBP $PNNPO/BNFTCJUUFSXPPE
+BNBJDB RVBTTJB
RVBTTJB
TVBOKJBOH'SFODIBMLOHFEV.FYJDP
DPRVFSDU
XPPE
'SFODICPJTOPZBS
QFTUFQPVY(FSNBO
UPNBUF GSBJT (FSNBO .FYJLBOJTDIF #MBTFO +BNBJLB#JUUFSIPM[
+BNBJLB2VBTTJB 4MPWFOJBO
LJSTDIF
5PNBUM .FYJDP UPNBUJMMP
NJMUPNBUP
LWBTJB
UPNBUF EF DTDBSB
UPNBUF WFSEF
UVMVNJTJ 1PS 6TBHFBWPSJOH
UVHVFTF OVMUPNBUP 4QBOJTI UPNBUF EF DTDBSB
1BSUT6TFEXPPE
UPNBUFWFSEF %JTUSJCVUJPO$BSJCCFBO +BNBJDB
)BJUJ
1VFSUP 3JDP
6TBHFTQJDF PGTBVDFT
.FTP"NFSJDB
/4"NFSJDB
7FOF[VFMB
1BSUT6TFESJQFGSVJU
%JTUSJCVUJPO.FYJDP
.FTP"NFSJDB
XJEFMZDVMUJWBUFE $IBSBMBNCPVT$SB[F&SIBSEUFUBM)JMMFS.FM[JH
)PQQF6QIPG8JFSTFNB-FO
BOEOBUJWF
"OPO&SIBSEUFUBM)BOFMU4DIVMU[F.PUFM
5VGFMFUBM7JMMBNBSFUBM
1JDSBTNBRVBTTJPJEFT %%PO
#FOO 1
4ZOPOZNT/JNBRVBTTJPJEFT#VDI)BN
1JDSBTNBBJ
1IZTBMJTQVCFTDFOT- MBOUIPJEFT #VOHF
1MBODI
$PNNPO/BNFTCJUUFSXPPE
RVBTTJB XPPE
(FSNBO
$PNNPO/BNFTEPXOZ HSPVOE DIFSSZ
EXBSG DBQF #JUUFSIPM[*OEJBUJUIBJ
UJUIV
UVUBJ+BQBOFTFOJ
HPPTFCFSSZ
HSPVOE DIFSSZ
TUSBXCFSSZ UPNBUP KBLJ
#SB[JM 1PSUVHVFTF
DBNBQV
DBNBSV
KPQPDB 6TBHFBWPSJOH
$IJOFTFLV[IJ(FSNBO'MBVNJHF#MBTFOLJSTDIF 1BSUT6TFEXPPE
.FYJDPUPNBUFEFDTDBSB
HVBUPNBUF
UPNBUFTJM %JTUSJCVUJPO*OEJB
/$IJOB
,PSFB
+BQBO
5BJXBO
WFTUSF
UPNBUJMMPEFDBNQP
6TBHFDPOEJNFOU
BWPSJOHGPSTBVDFT &SIBSEUFUBM)PQQF/*$1#16QIPG
1BSUT6TFESJQFGSVJU
%JTUSJCVUJPO/"NFSJDB$BOBEB
/64"8FTU*OEJFT
USPQJDBM"NFSJDB
.FYJDP
"TJB
OBUJWFJO43VTTJB
4"GSJDB
"OPO&SIBSEUFUBM3UTDI6QIPG
1*$3*4-#JUUFSIFSC
0YUVOHVF"TUFSBDFBF $PNQPTJUBF
1*-&"-JOEMo"SUJMMFSZ1MBOU
6SUJDBDFBF
1JMFBNFMBTUPNPJEFT#M
4ZOPOZNT1JMFBUSJOFSWJB8JHIU6SUJDBNFMBTUPNPJEFT
1PJS
$PNNPO/BNFTCMBDL UISPBUFE BSUJMMFSZ QMBOU (FS
NBO4DIXBS[TDIMVOEJHF,BOPOJFSCMVNF
6TBHFTFBTPOJOH JO*OEJB
1BSUT6TFEZPVOHMFBG
BOETIPPU
%JTUSJCVUJPO4*OEJB
4SJ-BOLB
$IJOB
&"TJB
8+BWB
/PUFFZPVOHMFBWFTIBWFBOBSPNBUJDUBTUF
"SPSB1BOEFZ)BOFMU4DIVMU[F.PUFM8JFSTFNB
-FO
1JMFBUSJOFSWJB8JHIU
1JMFBNFMBTUPNPJEFT#M
1JDSBTNBFYDFMTB
GMPXFSJOH
1*.&/5"-JOEM"MMTQJDF
.ZSUBDFBF
1*$3*4-#JUUFSIFSC
0YUVOHVF
"TUFSBDFBF $PNQPTJUBF
1JNFOUBBDSJT 4X
,PTUFM
1BSUT6TFEGSVJUQSPEVDUFTTFOUJBMPJM
#FSHFS
#PJT #PJTWFSU)VCFS #PVSUPO %JTUSJCVUJPO*OEPOFTJB 8 *OEJFT +BNBJDB
1VFSUP
#VSLJMM
$IBSBMBNCPVT$IFFST$MBJS$SB[F
3JDP7FOF[VFMB
(VBZBOB"GSJDB$BNFSPPO
%BWJETPO%VEUTDIFOLPFUBM%VLFFUBM
'BSSFMM 'VFOUFT (V[NBO4JFNPOTNB )BOFMU
/PUF$VMUJWBUFE GPS FTTFOUJBM PJM EJTUJMMFE GSPN UIF
)JMMFS.FM[JH )PQQF -DL .BJTUS MFBWFT
.FMDIJPS,BTUOFS.PSSJT.BDLMFZ/PSNBO0CFS
EJFDL1JOP3PTBEB1JOPFUBMB1PDIMKPCLJO
"CBVMFUBM%VLFFUBM&SIBSEUFUBM)BOFMU
1SVUIJ 1VSTHMPWF 3PTFOHBSUFO 4DISEFS )JMMFS.FM[JH4DIVMU[F.PUFM4FJEFNBOO4FJEF
4DIVMU[F.PUFM4FJEFNBOOD4FJEFNBOO4JFCFSU NBOO4JFCFSU5VGFMFUBM5FVTDIFS6QIPG
4IBSNB 4IJWB FU BM 4JFXFL 4NJUI#FDL 8JFSTFNB-FO;FWFOEF8FU
4UBFTDIF5VGFMFUBM5FVTDIFS6IM
6QIPG 7JMMBNBS FU BM 8JFSTFNB-FO 8TUFO
GFME)BFOTFM;FWFOEF8FU
1JNFOUBWVMHBSJT-JOEM
1JNFOUBEJPJDB -
.FSSWBSUBCBTDP 1JNFOUBEJPJDB -
.FSS
4ZOPOZNT&VHFOJBUBCBTDP(%PO
$PNNPO/BNFT.FYJDBO QJNFOUP
5BCBTDP QJNFOUP 1*.1*/&--"-#VSOFU4BYJGSBHF
'SFODI QPJWSF EF $IJBQQB (FSNBO .FYJDP 1J "QJBDFBF 6NCFMMJGFSBF
NFOU
5BCBTDP1JNFOU
6TBHFTQJDF MPDBMMZ
1BSUT6TFEGSVJU 1JNQJOFMMBBOJTFUVN#PJTTFU#BMBOTB
%JTUSJCVUJPO$"NFSJDB
4&.FYJDP
.FMDIJPS,BTUOFS4FJEFNBOO5FVTDIFS
$PNNPO/BNFT(FSNBO"OJT#JCFSOFMMF 1
6TBHFBWPSJOHQSPEVDUFTTFOUJBMPJM
1BSUT6TFEGSVJU
%JTUSJCVUJPO5VSLFZ
1JNFOUBHSBOEJGMPSB4U)JM
%BWJT)BOFMU4DIVMU[F.PUFM
$PNNPO/BNFTHSFBUQJNFOU#SB[JM 1PSUVHVFTF
DFS
SBEP(FSNBO(SPCMUJHFS/FMLFOQGFFS1PSUV
HVFTFQJNFOUBEFCVHSF 1JNQJOFMMBBOJTPJEFT7#SJH
6TBHFTQJDF GPSNFBU
1BSUT6TFEGSVJU 4ZOPOZNT1JNQJOFMMBHVTTPOJJ1SFTM
%JTUSJCVUJPOUSPQJDBM"NFSJDB#SB[JM $PNNPO/BNFT*UBMJBOBOJDFTFMWBUJDP
DJOOJOJFMMJ
6TBHFTQJDF
BWPSJOH
.PST3J[[JOJ 1BSUT6TFEGSVJU
%JTUSJCVUJPO&*UBMZ
4JDJMZ
1JNFOUBPGGJDJOBMJT-JOEM )BNNFSFUBM)BOFMU
1JNFOUBEJPJDB -
.FSS
1*.1*/&--"-#VSOFU4BYJGSBHF"QJBDFBF 6NCFMMJGFSBF
1JNQJOFMMBBOJTVN- 1JNQJOFMMBIFZOFBOB8BMMFY,VS[
1*/64-1JOF TFVTFVSFVIBO4QBOJTIDPSEPODJMMPIJHVJMMPPMP
1JOBDFBF SPTP
6TBHFTQJDFQSPEVDUFTTFOUJBMPJM BWPSJOHPGCFWF
SBHFT
1JOVTNBEFSJFOTJT5FOPSF 1BSUT6TFEGSVJU
%JTUSJCVUJPO$BOE4"NFSJDBGSPN.FYJDPUP#SB[JM
1JOVTQJOFB- BOE8*OEJFT
JO.BMBZTJBOBUJWF
/PUF *O"NFSJDBBTVCTUJUVUFGPS*OEJBOMPOHQFQQFS
*O .FYJDP BT B TQJDF GPS DPDPB *U JT UIF ANBUJDP
1JOVTQJOFB- PS(FSNBO4PMEBUFOLSBVUPGUIF&VSPQFBO1IBS
NBDZ
4ZOPOZNT1JOVTNBEFSJFOTJT5FOPSF
$PNNPO/BNFTQJOF TFFE
QJOF OVU
*OEJBO OVU
QJ #FSHFS
&SIBSEU FU BM (V[NBO4JFNPOTNB
)BOFMU)JMMFS.FM[JH)PQQF.PSTFUBM0S
HOPMJFT
QJHOPMJBOVU
TUPOF QJOF
VNCSFMMB QJOF
KBCBFUBM3UTDI
4DIVMU[F.PUFM5VGFMFU
"SBCJD TOPCFS %VUDI QJKOLFSO 'SFODI QJHOFT
BM5FVTDIFS6QIPG7JMMBNBSFUBM8JFSTF
QJO QJHOPO
QJO QBSBTPM (FSNBO 1JHOPMJ
1J NB-FO;FWFOEF8FU
OJFOLFSO
1JOJFOOVTT
1JOJFOTBNFO
1JOPMJ
*OEJ
BOFSOVTT
4DIJSNLJFGFS
;JSCFMOVTT *UBMJBO QJOP
EPNFTUJDB
QJOP EB QJOPMB
QJHOPMJB 1PSUVHVFTF 1JQFSBMCVN
QJOIFJSP NBOTP 3VTTJBO TPTOB QJOKB 4QBOJTI
QJPFSP 1JQFSOJHSVN-
6TBHFBWPSJOH NFBU
QPVMUSZ
TBMBE
DBLF
QVEEJOH
BOEGPPE
1BSUT6TFETFFE 1JQFSBOHVTUJGPMJVN3VJ[FU1BW
%JTUSJCVUJPO8 "TJB
&VSPQF 'SBODF
*CFSJBO
*UBMJBO
BOE #BMLBO 1FOJOTVMBT
5VSLFZ
DVMUJWBUFE FMTF 1JQFSBEVODVN-
XIFSFJOUIF.FEJUFSSBOFBOSFHJPO
1JQFSBEVODVN- 1JQFSBVSJUVN,VOUI
4ZOPOZNT"SUBOUIFBEVODB -
.JR
1JQFSBOHVTUJGP $PNNPO/BNFTBMBKBO QFQQFS #SB[JM 1PSUVHVFTF
MJVN3VJ[FU1BW1JQFSLVOU[FJ$%$
1JQFSNVM IPKB TBOUB
NBLVMBO #FMJ[F CVMMIPPG (FSNBO
UJOFSWJVN..BSUFOT(BMFPUUJ "OJTQGFFS
(FSISUFS 1GFFS
.FYJLBOJTDIFS
$PNNPO/BNFTCJH QFQQFS
4QBOJTI FMEFS
TQJLFE #MBUUQGFFS
;JUSPOFONZSUF(VBUBNBMB 4QBOJTI
QFQQFS#SB[JM 1PSUVHVFTF
BQFSUBSVP
FSWBEF BDPZP
BOJTJMMB
BOJTJMMP
DPSEPODJMMP .FYJDP BMB
KBCPUJ
NBUJDPGBMTP
QJNFOUBMPOHB
QJNFOUBEF KBO
NBDBDP (FSNBO .BUJDP
.BUJDP1GFFS
(FCP 6TBHFTQJDF
BWPSJOH
HFOFS 1GFFS
(FLSNNUFS 1GFFS *OEPOFTJBO 1BSUT6TFEMFBG
1*1&3-1FQQFS1JQFSBDFBF
1JQFSCBOLTJJ.JR
1JQFSDBOJVN#M
1JQFSCPSCPOFOTF .JR
%$
(VSJC'BLJN#SFOEMFS)PQQF /FVXJOHFS
1JQFSDBOJOVN#M
4ZOPOZNT1JQFSCBOLTJJ.JR
1JQFSMBVUFSCBDIJJ%$
1JQFSNBDSPDBSQVN%$
$PNNPO/BNFTDPNNPO QFQQFS WJOF (FSNBO (F
1JQFSBVSJUVN
GMPXFSJOH NFJOFS 1GFFS *OEPOFTJBO NSJDBO .BMBZTJBO
TJSFIIVUBO
MBEBIBOUV
DIBNCBJ1JMJQJOPCVZP
CVZP
6TBHFBWPSJOH
%JTUSJCVUJPO4 .FYJDP
$BSJCCFBO
.FTP"NFSJDB
4 1BSUT6TFEGSVJU
"NFSJDBDVMUJWBUFEBOEOBUJWF$VCB %JTUSJCVUJPO.BMBZTJBUISPVHI/FX(VJOFB
UPUIF4PM
PNPO*TMBOET
"VTUSBMJB
BMTPDVMUJWBUFE
%VLFFUBM)BOFMU3UTDI4DIVMU[F.PUFM /PUF'SVJUT BSF VTFE BT BO BEVMUFSBOU GPS UIF DVCFCT
1 5VGFM FU BM 5VDLFS 6QIPG 7JMMBNBS FU BM
8JFSTFNB-FO
BOEUIFMFBWFTBSFDIFXFEBTBTVCTUJUVUFGPSCF
UFM
(V[NBO4JFNPOTNB
1JQFSCBDDBUVN#M
1JQFSDIBCB)VOUFS .FMDIJPS,BTUOFS /PSNBO 0DITF FU BM
1PDIMKPCLJO
1SBCIV.VMDIBOEBOJ3UTDI
3PUI,PSNBOO 4DIFODL/BVOEPSG 4DISEFS
1JQFSSFUSPGSBDUVN7BIM
4DIVMU[F.PUFM4FJEFNBOOD4FJEFNBOO4JFCFSU
4IJWB FU BM 4JFXFL 4UBFTDIF 5VGFM FU BM
5FVTDIFS 5TDIJSDI 8JFSTFNB-FO 8TUFOGFME
1JQFSDMVTJJ%$ )BFOTFM
1JQFSHVJOFFOTF4DIVNFUPOO
1JQFSFMPOHBUVN7BIM
.PSTFUBM %VLF0)BOFMU.PSTFUBM3UTDI5VGFMFUBM
5FVTDIFS6QIPG
1JQFSDPODJOOVN)BX
1JQFSHVJOFFOTF4DIVNFU5IPOO
1FQFSPNJBQFMMVDJEB -
)#,
4ZOPOZNT1JQFSDMVTJJ%$
$PNNPO/BNFT "TIBOUJ QFQQFS
#FOJO QFQQFS
(VJ
1JQFSDVCFCB- OFB DVCFC
(VJOFB QFQQFS
CMBDL
8FTU "GSJDBO
QFQQFS
"GSJDBODVCFCT'SFODIQPJWSFEBDIBOUJT
4ZOPOZNT$VCFCBPDJOBMJT3B QPJWSFE"GSJRVF
QPJWSFEF(VJOF
QPJWSFEFLJT
$PNNPO/BNFTDVCFCQFQQFS
+BWBQFQQFS
UBJMFEQFQ TJ (FSNBO "TDIBOUJQGFFS
(VJOFBQGFFS
'BM
QFS "SBCJD LBCBIB
LBCBCB IJOEJZB
LFCCBCB TDIF ,VCFCFO
"GSJLBOJTDIF ,VCFCFO
,JTTJQGFG 1
'SFODI DVCFCF
QPJWSF DVCCF
QPJWSF RVFVF GFS
,POHP,VCFCFO 3VTTJBO BGSJLBOTLJK QFSF[
(FSNBO+BWBOJTDIFS1GFFS
,VCFCFO
,VCFCFO HXJOFKDLJK QFSF[
BTDIBOUJKTLJK QFSF[ 1PSUVHVFTF
QGFFS
4UJFMQGFFS
4DIXBO[QGFFS)JOEJLBCBC QJNFOUPEBiSBCPu 4QBOJTI QJNFOUB EF (VJOFB
DJOJ *OEJB DVCBC DIJOFF *OEPOFTJBO LFNVLVT
QJNFOUBOFHSBEFMQBT
MBEB CFSFLVS
DIBCBJ FLVS
SJOV *UBMJBO QFQF
6TBHFTQJDF
BEEJUJWF BWPSJOH
1JQFSLVOU[FJ$%$
1JQFSBEVODVN-
1JQFSMBOBUVN3PYC
#VSLIJMM0ZFO%VOH
1JQFSMBVUFSCBDDIJJ%$
1JQFSDBOJVN#M
1JQFSMPMPU$%$
1JQFSMPOHVN
GSVJUT
$PNNPO/BNFTMPMPUQFQQFS'SFODIQPJWSFEFMPMPU
(FSNBO-PMPUQGFFS$BNCPEJBODIBQIMV7JFU
OBNFTFDZMMU
6TBHFDPOEJNFOU
TFBTPOJOH
1BSUT6TFEMFBG 1JQFSMPOHVN-
%JTUSJCVUJPO*OEPDIJOB$BNCPEJB
-BPT
7JFUOBN
/PUF3FDFOUMZ JOEUSPEVDFE UP UIF 64" )BXBJJ BOE $PNNPO/BNFT*OEJBO MPOH QFQQFS $BNCPEJBO
1 5FYBT
CZ-BPBOE7JFUOBNFTFSFGVHFFT NPSFDI BOTBJ 'SFODI QPJWSF MPOH (FSNBO
-BOHFS 1GFFS
#FOHBM1GFFS
1JQBMQGFFS
4UBO
(V[NBO4JFNPOTNB)BOFMU,VFCBM5VDLFS6Q HFOQGFFS)JOEJQJQBM.BMBZTJBOCBCFL
DIBCBJ
IPG8);FWFOEF8FU
LBEPL 3VTTJBO EMJOOZK QFSF[ 4BOTLSJU QJQQBMJ
BJQISJLIBOH
6TBHFTQJDF
1JQFSMPOHJGPMJVN3VJ[FU1BW 1BSUT6TFEGSVJU
%JTUSJCVUJPO&)JNBMBZBT
DVMUJWBUFEJO*OEJB
4SJ-BO
$PNNPO/BNFTMPOHMFBWFE QFQQFS
(FSNBO -BOH LB
#BOHMBEFTI
CMUUSJHFS1GFFS
6TBHFTQJDFQSPEVDUFTTFOUJBMPJM "SPSB1BOEFZ"UBM0KIB#FSHFS
#PJT#PJT
WFSU)VCFS%BMCZ%BWJETPO&SIBSEUFUBM
1BSUT6TFEMFBG
(V[NBO4JFNPOTNB)JMMFS.FM[JH)PQQF.FM
%JTUSJCVUJPO4&"TJB DIJPS,BTUOFS/PSNBO1PDIMKPCLJO
1SVUIJ
4DINJUU4DIVMU[F.PUFM4FJEFNBOO
D
0ZFO%VOH 4IBOLBSBDIBSZBFUBM4IBSNB4IJWBFUBM4JFXFL
5VGFMFUBM5FVTDIFS5FXUSBLVMFUBM6QIPG
8JFSTFNB-FO;FWFOEF8FU
1*1&3-1FQQFS1JQFSBDFBF
#FSHFS
)BOFMU 4DIVMU[F.PUFM 5VGFM FU BM #VSLJMM&SIBSEUFUBM(V[NBO4JFNPOTNB)BOFMU
5FVTDIFS8FBMUIPG*OEJB
.FMDIJPS,BTUOFS 1VSTHMPWF 4DISEFS
4DIVMU[F.PUFM 4FJEFNBOO D 4JFXFL 4UBFTDIF
5VGFMFUBM5FVTDIFS5FXUSBLVMFUBM6QIPG
8JFSTFNB-FO;FWFOEF8FU
1JQFSQFMMVDJEVN-
1FQFSPNJBQFMMVDJEB -
)#, 1JQFSSJCFTJPJEFT8BMM
$PNNPO/BNFT(FSNBO+PIBOOJTCFFSIOMJDIFS1GFG
1JQFSQTFVEPOJHSVN$%$ GFSBJUIBLIBBOMFL
6TBHFTQJDF
$PNNPO/BNFTQFSFOOJBM WJOF (FSNBO 'BMTDIFS 1BSUT6TFEGSVJU
GSVJUPJM
4DIXBS[FS1GFFS %JTUSJCVUJPO*OEPDIJOB
.BMBZTJB
6TBHFTQJDF
1BSUT6TFETFFE #FSHFS
)BOFMU 4ODIF[.POHF 4FJEFNBOO
D5VGFMFUBM6QIPG
%JTUSJCVUJPO5POLJO$IJOB
6QIPG6TIFS
1JQFSTBJHPOFOTF%$
1JQFSSFUSPGSBDUVN7BIM 1JQFSTBODUVN4DIMFDIUFY.JR
%VUDIKBWBBOTFMBOHFQFQFS'SFODIQPJWSFMPOH 1BSUT6TFEIFSC
EF +BWB (FSNBO $IBCBSQGFFS
+BWB 1GFFS
+B %JTUSJCVUJPO.FYJDP
(VBUBNBMBBOE$"NFSJDB
.FY
WBOJTDIFS 1GFFS *OEPOFTJBO DBCF KBXB .BMBZ JDPBMTPDVMUJWBUFE
TJBODIBCBJKBXB
CBLFL
LFEBXBL1JMJQJOPMJUMJU /PUFFMFBWFTIBWFBOBOJTFBWPS
BJEJQMJ
EJQMJDIVBL
6TBHFTQJDF %BWJETPO)BOFMU3UTDI7JMMBNBSFUBM
1BSUT6TFEJNNBUVSFTQJLF
SJQFGSVJU
%JTUSJCVUJPO*OEPOFTJB
1IJMJQQJOFT
7JFUOBN UP .B
MBZTJB
DVMUJWBUFE POMZ PO +BWB
#BMJ BOE TPNF
OFJHICPVSJOHJTMBOET
1*1&3-1FQQFS1JQFSBDFBF
1JQFSTBSNFOUPTVN3PYCFY)VOUFS 1BSUT6TFEGSVJU
%JTUSJCVUJPO*OEJB .ZPTPSF
,FSBMB
.BESBT
*OEJB
4ZOPOZNT$IBWJDB TBSNFOUPTB 3PYC FY )VOUFS
DVMUJWBUFE
.JR
$PNNPO/BNFTXJMEQFQQFS$BNCPEJBONSFDIBO )BOFMU3UTDI4DIVMU[F.PUFM5VGFMFUBM
5FVTDIFS8FBMUIPG*OEJB
TBJ(FSNBO8JMEFT1GFFSLSBVU
BJMOEJTDIFT
1GFFSLSBVU
8VS[FMSBOLJHFS 1GFFS *OEPOFTJBO
LBEPL
LBSVL+BWBOFTFDBCFBO.BMBZTJBODIBCBJ
EBVO LBEVL
LBEPL CBUV 1JMJQJOP QBUBJCVUV 1JQFSVNCFMMBUVN-
BJDIBBQIMVV
QIMVVMJOH
OPNXB7JFUOBNFTF
MBMPU 4ZOPOZNT-FQJBOUIFT VNCVMMBUVN -
3BG
1PUIP
6TBHFTQJDF
FTQFDJBMMZGPSTPVQT NPSQIFVNCFMMBUB -
.JR
1BSUT6TFEJOGSVDUFTDFODF
MFBG $PNNPO/BNFTTISVCCZ QFQQFS #SB[JM 1PSUVHVFTF
%JTUSJCVUJPO*OEJBUP4$IJOB
BJMBOE
7JFUOBNBOE DBBQFCB
DBQVCB
MFOPMEFTBOUB #BSCBSB
NBM
1IJMJQQJOFTUPUIF.PMVDDBT WBTDP
NBMWBWJTDP
QBSJQBSPCB(FSNBO%PMEFO
1GFFS +BNBJDB DP GPPU .FYJDP NBOP EF [PQJ
"SPSB1BOEFZ (V[NBO4JFNPOTNB 0HMF FU BM MPUF4QBOJTIDPSEPODJMMP
3UTDI5FVTDIFS4DIVMU[F.PUFM
6TBHFBWPSJOH
1BSUT6TFEGSVJU
CBTBMQBSUPGUIFTUFN 4JFSSB-FPOF
4ZOPOZNT1JQFSBSCPSFTDFOT.JR "ZFOTV #BSSPT FU BM #VSLJMM
)BOFMU ,Z
KPB FU BM .PST FU BM /FVXJOHFS 3UTDI
$PNNPO/BNFT/JMHJSJQFQQFS(FSNBO#BVNQGFFS
4DIVMU[F.PUFM4FJEFNBOOD8JFSTFNB-FO
/JMHJSJ1GFFS
4DINJEUTDIFS1GFFS
6TBHFTQJDF
1BSUT6TFEGSVJU
%JTUSJCVUJPO*OEJB"TTBN
8(IBUT
/JMHJSJIJMMTDVM 1JQFSVOHVJDVMBUVN3VJ[FU1BW
UJWBUFEMPDBMMZJOUIF/JMHJSJIJMMT
$PNNPO/BNFT1FSVSJBOQFQQFS(FSNBO1FSV1GFG
)BOFMU4DIVMU[F.PUFM4FJEFNBOOD GFS 1
6TBHFTQJDF
1BSUT6TFEMFBG
1JQFSTVCQFMUBUB8JMME %JTUSJCVUJPO4"NFSJDB
FTQFDJBMMZ1FSV
4ZOPOZNT1PUIPNPSQIFTVCQFMUBUB 8JMME
.JR &SIBSEUFUBM
$PNNPO/BNFT(FSNBO4DIJMEQGFFS
6TBHFBWPSJOHGPSTI
1BSUT6TFEMFBG 1JQFSWFSOF
%JTUSJCVUJPO+BWB
1IJMJQQJOFT
1JQFSOJHSVN-
8FBMUIPG*OEJB
1JSPMBVNCFMMBUB-
1JQFSUSJDIPTUBDIZPO .JR
$%$
$IJNBQIJMBVNCFMMBUB -
#BSUPOB
$PNNPO/BNFTQPVDIFE QFQQFS (FSNBO #FVUFM
QGFFS
6TBHFTQJDF
VTFEMJLF1JQFSOJHSVN-
1*45"$*"-1JTUBDIF
1JTUBDIJP"OBDBSEJBDFBF 1JTUBDJBDFBF
1*45"$*"-1JTUBDIF
1JTUBDIJP
"OBDBSEJBDFBF 1JTUBDJBDFBF
1JTUBDJBBUMBOUJDB%FTGTTQDBCVMJDB
1JTUBDJBDBCVMJDB 4UPDLT
3DIG
1JTUBDJBDBCVMJDB 4UPDLT
3DIG
4ZOPOZNT1JTUBDJBBUMBOUJDB%FTGTTQDBCVMJDB
$PNNPO/BNFT#PNCBZ NBTUJD "GHIBOJTUBO LIJO
KVL
TIVSVNNB(FSNBO#PNCBZ.BTUJY
6TBHFTQJDF SBSFMZ
1BSUT6TFESFTJO
%JTUSJCVUJPO*OEJB
"GHIBOJTUBO
%BWJETPO)BOFMU6QIPG8FBMUIPG*OEJB
1JTUBDJBLIJOKVL4UPDLT B
1BSUT6TFESFTJO
GSVJU
%JTUSJCVUJPO*OEJB4"SBCJB:FNFO
1 2FEBO4DIVMU[F.PUFM6QIPG8FBMUIPG*OEJB
1JTUBDJBMFOUJTDVT- C
1JTUBDJBMFOUJTDVTBGMPXFSJOH
CSFTJONBTUJY
4ZOPOZNT1JTUBDJB NBTTJMJFOTJT .JMM
5FSFCJOUIVT MFO
UJTDVT.PFODI
$PNNPO/BNFT$IJPTNBTUJD
MFOUJTD
NBTUJD"SBCJD "OPO "WBO[BUP #SUFMT #PJTWFSU)VCFS
%BMCZ%BWJETPO%VLFFUBM&SIBSEUFUBM
EIBSPV
EFSX
EJSX
NVTUJL'SFODIBSCSFBVNBT
)BOFMU)FQQFS)JMMFS.FM[JH)PQQF
UJD
MFOTUJTRV (FSNBO .BTUJY
.BTUJY1JTUB[JF -BOHFOIFJN -FNBJTUSF .BHJBUJT FU BM 4DIO
*UBMJBOEFOUJTDIJP
MFOUJTDP
DPSOPDBQSB
TPOESJP GFMEFS4DIVMU[F.PUFM4FJEFNBOOD6QIPG
1PSUVHVFTF BMNFDFHVFJSB
BWPFJSB 3VTTJBO T 8IJUFIPVTF8JFSTFNB-FO;FWFOEF8FU
UBTDILBMFOUJTLVT4QBOJTIMFOUJTDP
6TBHFTQJDF
FHGPSMJRVFVSi$IJP.BTUJD3BLJu
1BSUT6TFESFTJO 1JTUBDJBNBTTJMJFOTJT.JMM
%JTUSJCVUJPO/"GSJDB
$BOBSZ*TMBOET
8"TJB
4&BOE
48&VSPQF
BMTPDVMUJWBUFE 1JTUBDJBMFOUJTDVT-
1*45*"-8BUFS-FUUVDF"SBDFBF
3FJOFS4DIFODL/BVOEPSG4DIVMU[F.PUFM
1JTUBDJBQBMBFTUJOB#PJTT 4FJEFNBOO D 4QJOB 5VGFM FU BM 6QIPG
8IJUFIPVTF8JFSTFNB-FO;FWFOEF8FU;P
1JTUBDJBUFSFCJOUIVT- IBSZ
1JTUBDJBUFSFCJOUIVT- 1JTUBDJBWFSB.JMM
"OPO"ZGFS#SUFMT#PJT$IFFST%B
WJETPO %VEUTDIFOLP FU BM &SIBSEU FU BM
(FCIBSEU B )BOFMU )FQQFS )JMMFS.FM[JH
,SPPO,LOFS:VSU-BSVF-DL1PQPW
1*5)&$)&-0#*6..BSU.JNPTBDFBF
1*5)&$&--0#*6..BSU
.JNPTBDFBF
1JUIFDFMMPCJVNBGGJOB#BLFSFY#FOU
1JUIFDFMMPCJVNHMPCPTVN,PTUFSN
1JUIFDFMMPCJVNBOHVMBUVNBVDU OPO#FOUI
"SDIJEFOESPOGBHJGPMJVN #MVNFFY.JR
*/JFMTFO
1JUIFDFMMPCJVNCJHFNJOVN -
.BSU
1BSUT6TFETFFE
%JTUSJCVUJPO*OEJB
4SJ -BOLB
.ZBONBS
.BMBZTJB
1JUIFDFMMPCJVNEVMDF
GSFTIGSVJUT
1IJMQQJOFT
+BWB
/PUFFTFFETIBWFBHBSMJDPEPS
1
1JUIFDFMMPCJVNEVMDF 3PYC
#FOUI 1JUIFDFMMPCJVNGBHJGPMJVN#MVNFFY.JR
1BSUT6TFEDSVTIFETFFE
%JTUSJCVUJPO.FYJDPUPUSPQJDBM4"NFSJDB
*OEJB
BJ
MBOE
1IJMJQQJOFTBMTPDVMUJWBUFE 1JUIFDFMMPCJVNKJSJOHB +BDL
1SBJOFY,JOH
/PUF 4FFEDPBUBTGPPE MFNPOBEF
"SDIJEFOESPOKJSJOHJ +BDL
*$/JFMTFO
1-&$53"/5)64-)FSJU-BNJBDFBF -BCJBUBF
1JUIFDFMMPCJVNMPCBUVN#FOUI
"SDIJEFOESPOKJSJOHB +BDL
*/JFMTFO
1JUIFDFMMPCJVNNJOEBOBFOTF.FSS
"SDIJEFOESPOGBHJGPMJVN #MVNFFY.JR
*/JFMTF
1-"5:$0%0/"%$#BMMPO'MPXFS
$BNQBOVMBDFBF
1MBUZDPEPOHSBOEJGMPSVT +BDR
"%$
1MFDUSBOUIVTBSPNBUJDVT#FOUI 1MVDIFBJOEJDB-FTT
1MFDUSBOUIVTBNCPJOJDVT -PVS
4QSFOH 4ZOPOZNT1MVDIFBGPMJPTB%$
$PNNPO/BNFT*OEJBOFBCBOF
*OEJBOQMVDIFB$IJ
OFTF MVBO YJ (FSNBO *OEJTDIF 1MVDIF )JOEJ
1MFDUSBOUIVTCBSCBSUVT"OES LVLSPOEB+BQBOFTFIJSBHJHJLV+BWBOFTFMPOUBT
.BMBZTJBO CFMVOUBT 1JMJQJOP CBOJHCBOJH
LB
4ZOPOZNT$PMFVTCBSCBUVT "OES
#FOUI MBQJOJ
MBHVOEJOHMBUF7JFUOBNFTF QIBUQIB
DVD
$PNNPO/BNFT#SB[JM 1PSUVHVFTF
CPMEP
NBMWB UBO
UVCJ
TBOUB(FSNBO#SUJHFS#PSFUTDI 6TBHFQPUIFSC JO*OEJB
QSPEVDUFTTFOUJBMPJM
6TBHFBWPSJOH
QPUIFSC SBSFMZ
1BSUT6TFEMFBG
1BSUT6TFEIFSC %JTUSJCVUJPO*OEJB TBMU NBSDIFT BOE TXBNQT PG 4VO
%JTUSJCVUJPO& "GSJDB
.BEBHBTDBS
4PVUIFSO "SBC EFSCBOT UP $IJOB
4 "TJB
*OEP.BMBZTJB DVMUJ
1FOJOTVMB
*OEJB
4SJ-BOLB
$IJOB WBUFEJOBJMBOE
7JFUOBN
*OEPOFTJB
$BTUFMMOFUBM&SIBSEUFUBM,FMFDPN,FMFDPN "SPSB1BOEFZT#PJT#VSLJMM)BOFMUDITF
FUBM.PSTFUBM6QIPG8FBMUIPG*OEJB
WBOEFO#SJOL6QIPG8FBMUIPG*OEJB
;FWFOEF
;FMOJLFUBM 8FU
4ZOPOZNT1MFDUSBOUIVTIZMPQIJMVT(VFSLF 4ZOPOZNT(OBQIBMJVNTVBWFPMFOT7FMM
$PNNPO/BNFTHMBOEZCPSBHF$BNFSPPOBWBT(FS $PNNPO/BNFT"SHFOUJOBRVJUPD
MVTFSB1PSUVHVFTF
NBO%STJHFS#PSFUTDI(VJOFBGSVGSV DBDVMVDBHF
FTUPSBRVF
NBOEFDSBWP
RVJUPDP
UBC
6TBHFBSPNBUJDTQJDF MPDBMMZ
BDBSBOB
1BSUT6TFEIFSC 6TBHFBWPSJOHGPSMJRVFVST
%JTUSJCVUJPO"GSJDB$BNFSPPO
.BMJUP(VJOFB
/JHF %JTUSJCVUJPO"SHFOUJOB
#SB[JM
1BSBHVBZ
6SVHVBZ
SJBJO&$BNFSPPODVMUJWBUFE
)BOFMU.PSTFUBM4DIVMU[F.PUFM
1 #VSLJMM
)BOFMU 4DIVMU[F.PUFM 8FTUQIBM+BO
TFO
10("1JFSSF
1IZUPMBDDBDFBF "OJTPQIZMMBDFBF
1MFDUSBOUIVTIZMPQIJMVT(VFSLF
1MFDUSBOUIVTHMBOEVMPTVT)PPLG 1PHBPMFPTB1JFSSF
$PNNPO/BNFT"GSJDBO #SB[JM
OVU 'SFODI FSBCMF
1-6$)&"$BTT1MVDIF EGSJRVF(FSNBO"GSJLBOJTDIF #SBTJM
/VTT
"TUFSBDFBF $PNQPTJUBF
6TBHFDPOEJNFOU
1BSUT6TFETFFE
%JTUSJCVUJPO8USPQJDBM"GSJDB(BCVO
1MVDIFBGPMJPTB%$ /PUFF UBTUF SFTFNCMFT #SB[JM OVU #FSUIPMMFUJB FY
DFMTB)VNCFU#POQM
1MVDIFBJOEJDB-FTT
+BOTFO/FVXJOHFS6QIPG
10-:("-"-.JMLXPSU1PMZHBMBDFBF
3B[B#IBUUJ*OHSPVJMMF4DIVMU[F.PUFM4PFQBEZP
10(045&.0/%FTGo1BUDIPVMZ 5BO4VHJNVSBFUBM8JFSTFNB-FO
-BNJBDFBF -BCJBUBF
1PHPTUFNPODBCMJO #MBODP
#FOUI 1PHPTUFNPOQBUDIPVMJ1FMMFU
1BSUT6TFEMFBG
%JTUSJCVUJPO$IJOB
.BMBZTJB
1IJMJQQJOFT
DVMUJWBUFE
USPQJDBM"TJB 1PMJPNJOUIBMPOHJGMPSB(SBZ
/PUF*O $IJOB XIFSF JU XBT QSPCBCMZ HSPXO
ZFBSTBHP $PNNPO/BNFT.FYJDBO CVTI PSFHBOP (FSNBO
.FYJLBOJTDIFS0SFHBOP
"LIJMB5BXBSJ C #FSHFS
#PVSOPU $IBSBMBN 6TBHFTQJDF SBSFMZ
QSPEVDUDBSWBDSPM
CPVT$IFFST&SIBSEUFUBM)BTFHBXBSFUBM
1BSUT6TFEIFSC
)JMMFS.FM[JH)PQQF,VNBSFUBM.BFEB.JZBLF
/BLBIBSBFUBM0ZFO%VOH3B[B#IBUUJ*OHSPVJMMF
%JTUSJCVUJPO/&.FYJDP
OBUJWFJOUIF64"
3FHMPT(V[NBO 3PCCJOT 3PUI,PSNBOO
4DIVMU[F.PUFM 4IBSNB 4IJWB FU BM 4PFQBEZP 4NBMM
5BO4VHJNVSBFUBM5VSPSBFUBM6TIFS8)0
8JFSTFNB-FO8ZLFUBM;FWFOEF8FU
10-:("-"-.JMLXPSU 1
1PMZHBMBDFBF
1PHPTUFNPOIFZOFBOVT#FOUI
4ZOPOZNT0SJHBOVNJOEJDVN3PUI 1PMZHBMBFSJPQUFSB%$
$PNNPO/BNFT*OEJBO QBUDIPVMJ
+BWJBO QBUDIPVMJ
'SFODI QBUDIPVMJ(FSNBO )FZOF1BUDIPVMJ
+B $PNNPO/BNFTEPXOZNJMLXPSU'SFODIMBJUJFS(FS
WBOJTDIFT 1BUDIPVMJ )JOEJ QFIPMJ *OEPOFTJBO NBO8PMMJHF,SFV[CMVNF
EJMFN 4VNBUSB
EJMNLNCBOH
EIJMFQ.BMBZ 6TBHFBWPSJOH UFB
BMTPJOEFTTFSUTJO3BKBTUIBO
PJM TNBMMRVBOUJUJFT
1BSUT6TFEMFBG
%JTUSJCVUJPO+BWB *OEJB
*OEPDIJOB .BMBZTJB DVMUJ
WBUFEFMTFXIFSF
1BSUT6TFEMFBG
$PNNPO/BNFTCJSELOPUHSBT
LOPUXFFE
TNBSUXFFE %JTUSJCVUJPO*SBO
*OEJB
$IJOB
4& "TJB
OBUJWF JO 4
"SBCJD HPSEIBC
RPEEBC $IJOFTF CJBO YV
QJFO &VSPQF *UBMZ
#BMLBO 1FOJOTVMB
(FSNBOZ
64"
ITV
GFODIJFIUTBP'SFODISFOPVFEFTPJTFBVY
#SB[JMXJEFMZDVMUJWBUFEBOEOBUJWFFMTFXIFSF
USBJOBTTF (FSNBO "DLFS,OUFSJDI
7PHFLO /PUFFTIPPUTQPTTFTTBTPVSUBTUF
UFSSJDI
8FHHSBT
;FSSHSBT*OEJBESFC ,BTINJS
*UBMJBODFOUJOPEJB+BQBOFTFNJDIJZBOBHJ3VTTJ "SPSB1BOEFZ&SIBSEUFUBM)BOFMU/*$1#1
4JFNPOTB1JMVFL8JFSTFNB-FO
BOHVTKBUOJDB
TQPSZTDI
HPSMF[QUJUTDIJK7JFUOB
NFTFSBVEBOH
6TBHFQPUIFSC SBSFMZ
1BSUT6TFEMFBG 1PMZHPOVNQFSTJDBSJB-
%JTUSJCVUJPO&VSPQF
$BVDBTVT
8
&4JCFSJB
$"TJB
4ZOPOZNT1FSTJDBSJBNBDVMBUB 3BO
4'(SBZ
$IBVIBO%IBS%IBS&SIBSEUFUBM'MFJTDIIBVFS $PNNPO/BNFTMBEZTUIVNC
1FSTJBOLOPUHSBTT$IJ
)BOFMU )JMMFS.FM[JH )PGGNBOO FU BM W
OFTFNBMJBP
UBMJBP'SFODIQFSTJDBJSF(FSNBO
,PFOFO /*$1#1 0HMF FU BM 4DIOGFMEFS
4DIVMU[F.PUFM 5VMM 5VSPSB FU BM 7JMMBNBS FU BM
'MPI,OUFSJDI
1FSTJTDIFS ,OUFSJDI 3VTTJBO
8ZLFUBM HPSF[QPUTDIFUTDIVKOBKB
USBWBQPUTDIFUTDIVKOBKB
6TBHFQPUIFSC
1BSUT6TFEGSFTIMFBG
1PMZHPOVNHSBDJMF3#S %JTUSJCVUJPOUFNQFSBUF "TJB
*OEJB
.BMBZTJB
& &V
SPQF
1FSTJDBSJBIZESPQJQFS- /PUF4VCTUJUVUFGPSQFQQFSXIFOUIJTJTOPUPUIFSXJTF
BWBJMBCMF
1PMZHPOVNIZESPQJQFS- #FSHFS
#JMHSJ"EBN &SIBSEU FU BM &SJDITFO
1 #SPXO
1FSTJDBSJBIZESPQJQFS -
%FMBSCSF
1PMZHPOVNQVCFTDFOT#MVNF
1PMZHPOVNMFQUPTUBDIZVNEF#SVZO
1FSTJDBSJBQVCFTDFOT #MVNF
)BSB
1FSTJDBSJBQVCFTDFOT #MVNF
)BSB
1PMZHPOVNSPFUUMFSJ.FSSOPO3PUI
1PMZHPOVNPEPSBUVN-PVS
1FSTJDBSJBQVCFTDFOT #MVNF
)BSB
1FSTJDBSJBPEPSBUB -PVS
4PKL
1PMZHPOVNTBMJDJGPMJVN#SPVTTFY8JMME
1PMZHPOVNPSJFOUBMF-
$PNNPO/BNFT(FSNBO8FJEFOCMUUSJHFS,OUFSJDI
4ZOPOZNT-BHVOFBPSJFOUBMF -
/BL1FSTJDBSJBPSJ 6TBHFTQJDF
UPNBOVGBDUVSFTBMUJOUIF$POHP
FOUBMJT -
4QBDI 1BSUT6TFEIFSC
$PNNPO/BNFTLJTTNFPWFSUIFHBSEFOHBUF
QSJODFT
10-:4$*"4+3'PSTUFU('PSTU"SBMJBDFBF
%JTUSJCVUJPOUSPQJDBM"GSJDBFH$POHPUSPQJDBM"TJB
USPQJDBM"NFSJDB&VSPQF
6QIPG
1PMZHPOVNTUSJHPTVN3#S
6QIPG
10-:10%*6.-1PMZQPEZ
1PMZQPEJBDFBF
1PMZQPEJVNWVMHBSF- 1PMZTDJBTGSVUJDPTB
1PMZTDJBTHVJMGPZMFJ $PHOFU.BSDI
#BJMFZ QJPQQPCBMTBNJDP3VTTJBOUPQPMCBMTBNJUTDIFTLJK
4QBOJTIMBNPCBMTNJDP
DIPQPCBMTBNJGFSP
4ZOPOZNT"SBMJBRVJMGPZMFJ$PHOFU.BSDI 6TBHFTQJDF
FTQFDJBMMZ JO UIF BMDPIPMJDT JOEVTUSZ
$PNNPO/BNFTHFSBOJVNMFBGBSBMJB
(VJMGPZMFQPMZT #PPOFLBNQ
,BSUVTFS
FUD
10/$*3643BGo#JUUFS0SBOHF 1PQVMVTOJHSB-
3VUBDFBF
$PNNPO/BNFTCMBDLQPQMBS
-PNCBSEZQPQMBS"SB
CJDBTBGTBG
TBGTBG'SFODIQFVQMJFSOPJS
QFVQMJFS
1PODJSVTUSJGPMJBUB -
3BG GSBOD(FSNBO4DIXBS[1BQQFM
1ZSBNJEFO1BQ
QFM*UBMJBOQJPQQPOFSP3VTTJBOUPQPMUTDIKPSOZK
4ZOPOZNT$JUSVT USJGPMJBUB -
$JUSVT USJGPMJB VOC
PTPLPS4QBOJTIBMBNPOFHSP
DIPQPDPNO
-JNPOJBUSJDIPDBSQB)BODF 6TBHFTQJDF
FTQFDJBMMZ JO UIF BMDPIPMJDT JOEVTUSZ
$PNNPO/BNFTCJUUFS PSBOHF
DJUSBOHFRVBU
USJGPMJ #PPOFLBNQ
,BSUVTFS
FUD
$IFFST%VHPEJ(JBDPNP&SIBSEUFUBM3PUI,P 10301):--6."EBOT
SNBOO 4DIVMU[F.PUFM 6QIPG 8JFSTFNB-FO
"TUFSBDFBF $PNQPTJUBF
;FWFOEF8FU
1PSPQIZMMVNFMMJQUJDVN$BTT
1016-64-1PQMBS
4BMJDBDFBF 1PSPQIZMMVNSVEFSBMF +BDR
$BTT
1PQVMVTCBMTBNJGFSB- 1PSPQIZMMVNNBDSPQIZMMVN%$
1PSPQIZMMVNSVEFSBMF +BDR
$BTT 1PSSVNTBUJWVN.JMM
1PSPQIZMMVNSVEFSBMF +BDR
$BTTTTQ
NBDSPDFQIBMVN 10356-"$"-1VSTMBOF
1PSUVMBDBDFBF
$PNNPO/BNFT4QBOJTI .FYJDP
QBQBMP
QBQBMP
RVFMJUF
6TBHFQPUIFSC 1PSUVMBDBJNCSJDB'PSTTL
1BSUT6TFEGSFTIMFBG
%JTUSJCVUJPO.FYJDP
64"5FYBT 1PSUVMBDDBRVBESJEB-
7JMMBNBSFUBM
1PSUVMBDBPGGJDJOBSVN$SBOU[
1PSPQIZMMVNUBHFUPJEFT ,VOUI
%$ 1PSUJMBDBPMFSBDFB-
4ZOPOZNT,MFJOJBUBHFUPJEFT)#,
6TBHFQPUIFSC 1PSUVMBDBPMFSBDFB-
1BSUT6TFEGSFTIMFBWFTPSIFSC 1
%JTUSJCVUJPO.FYJDP
BMTPDVMUJWBUFE 4ZOPOZNT1PSUVMBDB PDJOBSVN $SBOU[
1PSUVMBDB
TZMWFTUSJT.POUBOEPO
#VSLJMM
)BOFMU $PNNPO/BNFTLJUDIFO HBSEFO QVSTMBOF
QPVSTMBOF
QVSTMBJO
QVSTMFZ"SBCJDCJHIFM
CMJCDIB
GBSGFOB
JETMB
SJHMB$IJOFTFNBDIJYJBO
TIJIZVOHNB
1PSSVNBNQFMPQSBTVN -
.JMM DIJOITJFO %VUDI QPTUFMFJO 'SFODI QPVSQJFS
QPVSQJFS EFT QPUBHFST (FSNBO #VSHFM
#S
"MMJVNBNQFMPQSBTVN-TTQBNQFMPQSBTVN [FMLSBVU
1PSUVMBL )JOEJ LVMGB
LVMGB TBH HIPM
*OEPOFTJBOLSFLPU*UBMJBOQPSUVMBDB
QPSDFMMBOB
QPSUTDIFMMBOB
FSCBHSBTTB+BQBOFTFTVCFSJIJZV
1PSSVNDPNNVOF3DIC ,PSFBO TPFCJSN
UPFKJQIVM .BMBZTJBO HFMBOH
QBTJFS
TFHBOKBOUBO1JMJQJOPHPMBTJNBO
MVOHVN
"MMJVNQPSSVN- OHBMVH
TBIJIBO
VMJTJNBO1PSUVHVFTFCFMESPFHB
3VTTJBO EPOEVSJ
QPSUVMBL
QPSUVMBL PWPTDIOPK
4QBOJTIWFSEPMBHB DPNO
7JFUOBNFTFSBVTBN
6TBHFQPUIFSC
1BSUT6TFEMFBG
105&/5*--"-$JORVFGPJM
'JWF'JOHFS3PTBDFBF
1PSUVMBDBRVBESJGJEB-
4ZOPOZNT1PSUVMBDDBJNCSJDB'PSTTL
$PNNPO/BNFTTJOHMFPXFSFE QVSTMBOF
XJME QVST
MBOF (FSNBO 7JFSTQBMUJHFT #VS[FMLSBVU *OEJB 1PUFOUJMMBFSFDUB
GMPXFSJOH
MVOJ
LIBUJMVOJOJCIBKJ
6TBHFQPUIFSC JO*OEJB
1PUFOUJMMBFSFDUB -
3BFVTDI 1PUFOUJMMBTZMWFTUSJT/FDL
1PUFSJVNPGGJDJOBMF -
"(SBZ "JDIFMF4DIXFHMFS
#FSHFS
#JMHSJ"TBN#SFN
OFTT$IFFST%BWJETPO%VEUTDIFOLPFUBM
&SIBSEUFUBM'MFJTDIIBVFS(SFDV$VDV)FFHFS
4BOHVJTPSCBPDJOBMJT-
)JMMFS.FM[JH )PINBOO FU BM ,BSUOJH3J
,IMFJO .B[[B0PINBI .FTUFOIBVTFS /FXBMM
FU BM 1TDIZSFNCFM 4DIOFMMF 4DIOGFMEFS
1PUFSJVNTBOHVJTPSCB- 4DIVMU[F.PUFM4FJEFNBOOD5VGFMFUBM6QIPG
8JFSTFNB-FO8ZLFUBM
4BOHVJTPSCBNJOPS4DPQ
13045"/5)&3"-BCJMM"VTUSBMJBO
1PUIPNPSQIFVNCFMMBUB -
.JR .JOU#VTI-BNJBDFBF -BCJBUBF
1JQFSVNCFMMBUVN-
1SPTUBOUIFSBSPUVOEJGPMJB3#S
$IFFST&SIBSEUFUBM
13*.6-"-o1SJNSPTF 1
1SJNVMBDFBF
136/64-$IFSSZ
1MVN
3PTBDFBF
1SJNVMBPGGJDJOBMJT -
)JMM
1SJNVMBWFSJT- 1SVOVTEBTZDBSQB&ISI
"SNFOJBDBEBTZDBSQB &ISI
#PSLI
1SJNVMBWFSJT-
4ZOPOZNT1SJNVMBPDJOBMJT -
)JMM 1SVOVTMBVSPDFSBTVT-
$PNNPO/BNFTQSJNSPTF
DPXTMJQ'SFODIQSJNFSPMMF
QSJNFWSF PDJOBMF (FSNBO &DIUF 4DIMTTFM 4ZOPOZNT$FSBTVTMBVSPDFSBTVT -
-PJTFM
-BVSPDFSB
CMVNF
)JNNFMTDIMTTFM
8JFTFO4DIMTTFMCMVNF TVTPDJOBMJT.3PFN
*UBMJBO QSJNB WFSB
QSJNVMB 3VTTJBO QFSWP[WFU
$PNNPO/BNFTDIFSSZ MBVSFM
MBVSFM
"SBCJD HVS
QSJNVMB4QBOJTIQSNVMB LBSBTJ 'SFODI MBVSJFSBNBOEF
MBVSJFSDFSJTF
6TBHFTQJDFGPSDBLFT
NJMLTPVQTBOETBMBET (FSNBO ,JSTDIMPSCFFS
-PSCFFSLJSTDIF *UBMJBO
1BSUT6TFEPXFS MBVSPDFSBTP
MBVSP SFHJP 1PSUVHVFTF MPVSFJSP
15&3*%*6.(MFEFY4DPQ#SBDLF
#SBLFOGFSO%FOOTUBFEUJBDFBF 1PMZQPEJBDFBF
1UFSJEBDFBF
1SVOVTOJHSB%FTG 1UFSJEJVNBRVJMJOVN -
,VIO
"SNFOJBDBEBTZDBSQB &ISI
#PSLI 4ZOPOZNT1UFSJEJVNFTDVMFOUVN 'PSTU
/BLFJ
1UFSJT
BRVJMJOB-1UFSJTFTDVMFOUB'PSTU
$PNNPO/BNFTCSBDLFO GFSO
CSBDLFO
FBHMF GFSO
QBTUVSF CSBLF 'SFODI GPVHSF BJHMF (FSNBO
16/*$"-1PNFHSBUF1VOJDBDFBF
16/*$"-1PNFHSBUF
1UFSJEJVNFTDVMFOUVN 'PSTU
/BLFJ 1VOJDBDFBF
1UFSJEJVNBRVJMJOVN -
,VIO
1VOJDBHSBOBUBVN-
)PEHTPO)PQQF.FMHBSFKPFUBM.PSSJT
.BDLMFZ/*$1#1/PEBFUBM/PSNBO0DITF
1:$/"/5)648BSC
FU BM 1SVUIJ 4BYFOB FU BM 4DIFODL/BVOEPSG .ZSJTUJDBDFBF
4DIOGFMEFS4DIVMU[F.PUFM4FJEFNBOOD
4GJLBT4IBSNB4JMWB4UPSST5VGFMFUBM
6QIPG7FSIFJK$PSPOFM7JMMBNBSFUBM8)0 1ZDOBOUIVTBOHPMFOTJT 8FMX
8BSC
8JFSTNB-FO8ZLFUBM;FWFOEF8FU
4ZOPOZNT1ZDOBOUIVTLPNCP #BJMM
8BSC
$PNNPO/BNFT"GSJDBO OVUNFH
"OHPMJBO OVUNFH
1VOJDBQSPUPQVOJDB3BMG GBMTFOVUNFH$BNFSPPOCBLPOEP
JMJNCB
LJBOH
OBTBNCB
UFOH
UPNCF'SFODIBSCSFTVJG
GBVY
1VOJDBHSBOBUVN- NVTDBEJFS(FSNBO"OHPMBOJTDIF.VTLBU
*MPN
CBOVTT
6TBHFTQJDF
1VOJDBTQJOPTB-BN 1BSUT6TFETFFE
%JTUSJCVUJPO4
8
BOE8
$USPQJDBM"GSJDB
FTQFDJBMMZ
1VOJDBHSBOBUVN- "OHPMB
1ZDOBOUIVTLPNCP #BJMM
8BSC
1ZDOBOUIFNVNQJMPTVN/VUU
1ZDOBOUIVTBOHPMFOTJT 8FMX
8BSC
$PNNPO/BNFTIBJSZ NPVOUBJO NJOU (FSNBO
"NFSJLBOJTDIF #FSHNJO[F
8FJDIIBBSJHF #FSH
NJO[F 1ZSFUISVNNBKVT %FTG
5[FWFM
6TBHFTQJDF
BWPSJOH
1BSUT6TFEMFBG
IFSC 5BOBDFUVNCBMTBNJUF-
%JTUSJCVUJPO$
&"NFSJDB
1 /PUFFQMBOUIBTBOBVTUFSFNJOUBSPNB
1ZSVTBMOJGPMJB-JOEM
.BCCFSMFZ
"NFMBODIJFSBMOJGPMJB /VUU
/VUU
1ZDOBOUIFNVNWJSHJBOVN -
5%VSBOEFU
#%+BDLTFY#-3PCFU'FSOBME
4NBMM5VDLFS6QIPG8JFSTNB-FO
2
2
26"3"3*#&""VCM 1BSUT6TFEXPPETUJDLT
#PNCBDBDFBF %JTUSJCVUJPO8*OEJFT
USPQJDBM4"NFSJDB
6QIPG
2VBSBSJCFBGJFMEJJ.JMMT
$PNNPO/BNFT.FYJDPTBIB 26"44*"-#JUUFSXPPE
6TBHFBWPSJOHPGDIPDPMBUF 4JNBSPVCBDFBF
1BSUT6TFEPXFS
%JTUSJCVUJPO:VDVUO .FYJDP
2VBTTJBBNBSB-
6QIPG
4ZOPOZNT1JDSBTNBFYDFMTB 4X
1MBODI
$PNNPO/BNFTCJUUFSXPPE
+BNBJDB XPPE
RVBT
2VBSBSJCFBGVOFCSJT -B-MBWF
7JTDIFS TJB XPPE
4VSJOBN RVBTTJB #SB[JM 1PSUVHVFTF
BNBSHPOFHSP
DIJSJHVBO
DIVBDIVB
MVDVNB
4ZOPOZNT-FYBS[BGVOFCSJT-B-MBWF
.ZSPEJBGVOFCSJT NBSVQ 'SFODI CPJT BNFS
RVBTTJB EF 4VSJOBN
-B-MBWF
#FOUI RVBTTJFS
RVBTTJFS BNFS
RVJOJOF EF $BZFOOF
$PNNPO/BNFT(FSNBO ,BLBPCMUFOCBVN#MUFO
(FSNBO #JUUFSFTDIF
#JUUFSIPM[
2VBTTJBIPM[
4QBOJTIPSEFDBDBP
SPTJUBEFDBDBP
NBESFEF 4VSJOBNCJUUFSIPM[ *UBMJBO RVBTTJB 1JMJQJOP DP
DBDBP SBMFT
LVBTJB 1PSUVHVFTF RVBTTJB 3VTTJBO LWBT
6TBHFTQJDF
BWPSJOHPGiQP[PORVFuBOEiUFKBUFu TJKB HPSLBKB 4MPWFOJBO LWBTJB 4QBOJTI DSVDFUF
1BSUT6TFEPXFS DVBTJB BNBSHP
HVBCJUP BNBSHP
RVBTTJB BJ
%JTUSJCVUJPO$.FYJDPUP/8$PTUB3JDB QSBUIBUDIJO
6TBHFTQJDF BWPSJOH
2VBSBSJCFBUVSCJOBUB 4X
1PJS #BSCFUUJ FU BM #FSHFS
$IBSBMBNCPVT $SBO[F
&OHFM1IVNNBJ &SIBSEU FU BM )BHFS
)BOFMU )JMMFS.FM[JH )PQQF ,PUUFHPEB
$PNNPO/BNFTTXJ[[MFTUJDLUSFF
6TBHFBWPSJOH GPS DIPDPMBUF CFWFSBHFT BOE UBNBMF
TBVDF CZUIFOBUJWFTPGUIF%PNJOJDBO3FQVCMJD
4QSJOHFS7FSMBH#FSMJO)FJEFMCFSH
26"44*"-#JUUFSXPPE4JNBSPVCBDFBF
2VBTTJBFYDFMTB4X
$PNNPO/BNFT+BNBJDBXPPE
6TBHFBWPSJOH
1BSUT6TFEXPPE
%JTUSJCVUJPO8*OEJFT
FTQFDJBMMZ+BNBJDB
/PUFFCJUUFSXPPEBMTPVTFEGPSUIFQSFQBSBUJPOPG
BDFSUBJOBQFSBUJG
6QIPG
2VBTTJBBNBSB GMPXFSJOH
.PSTFUBM/FTUMFS/FXBMMFUBM/KBSFUBM
1MPULJO 1TDIZSFNCFM 3UTDI 4DIVMU[F.PUFM
4FJEFNBOOD5VGFMFUBM6QIPG7JMMBNBSFU
BM8BHOFS/FTUMFS8JFSTFNB-FO8PMUFST
8ZLFUBM;FWFOEF8FU
2
3
3
(VSJC'BLJN#SFOEMFS/FVXJOHFS
3"/6/$6-64-#VUUFSDVQ
$SPXGPPU3BOVODVMBDFBF
3BWFOTBSBBSPNBUJDB4POO
3BOVODVMVTGJDBSJB-
4ZOPOZNT"HBUIPQIZMMVNBSPNBUJDVN 4POO
8JMME
4ZOPOZNT'JDBSJBWFSOB)VET $PNNPO/BNFTDMPWF OVUNFH
.BEBHBTDBS DMPWF
$PNNPO/BNFTDFMBOEJOF
MFTTFS DFMBOEJOF
QJMFXPSU .BEBHBTDBSOVUNFH'SFODI NVTDBEFEF.BEB
'SFODI DMBJSFUUF
DBJSF (FSNBO 4DIBSCPDLT HBTDBS
OPJYHJSPF
OPJYEF3BWFOTBSB(FSNBO
LSBVU
'FJHFOXVS[3VTTJBOUTDIJTUKBLMKVUJUTDIOZK .BEBHBTLBS.VTLBU
/HFMFJOOVTT
/FMLFOOVTT
6TBHFQPUIFSC
DPOEJNFOU 3BWFOTBSB/VTT
1BSUT6TFEMFBG
PXFSCVE 6TBHFTQJDF
MJLFOVUNFH
%JTUSJCVUJPO&VSPQF
/ "GSJDB
$BVDBTVT
4JCFSJB
8 1BSUT6TFECBSL
MFBG
TFFE
"TJB %JTUSJCVUJPO.BEBHBTDBS
3VOJPO
.BVSJUJVT JOUSP
/PUF F PXFS CVE DBO CF VTFE BT B TVCTUJUVUF GPS EVDFEJOUP4SJ-BOLB
DBQFST
#PJT )BHFS
)JMMFS.FM[JH .PSUPO /FV
"JDIFMF4DIXFHMFS
#JMHSJ"EBN$IFFST&SIBSEU XJOHFS3UTDI4DIFODL/BVOEPSG4DIVMU[F.P
FUBM'MFJTDIIBVFS)BHFS
)FFHFS)JMMFS UFM 4FJEFNBOO D 5FVTDIFS 6QIPG 6TIFS
.FM[JH ,PTDIUTDIFKFX /FXBMM FU BM 4DIOFMMF 8BSCVSH
4DIOGFMEFS 4FJEFNBOO D 4FJEFNBOO4JFCFSU
5VGFMFUBM5FVTDIFS8JFSTFNB-FO
3&/"/5)&3"-PVS
3"7&/4"3"4POO 0SDIJEBDFBF
-BVSBDFBF
3FOBOUIFSBNPMVDDBOB#M
3BWFOTBSBBOJTBUB%BOHVZ
$PNNPO/BNFT*OEPOFTJBO BOHHSFL NFSBI CVOHB
$PNNPO/BNFTBOJTFOVUNFH(FSNBO"OJT.VTLBU LBSBOH
6TBHFTQJDFQSPEVDUFTTFOUJBMPJM MFBG
6TBHFTQJDF
1BSUT6TFETFFE
CBSL
MFBG 1BSUT6TFEZPVOHMFBG
%JTUSJCVUJPO$PNPSPT
.BEBHBTDBS
.BTDBSFOTFT
4FZ %JTUSJCVUJPO*OEPOFTJB
1BQVB
/FX(VJOFB
DIFMMFT /PUFFMFBWFTBSFTPVSJOUBTUF
XJUIBTMJHIUTVHHFT
UJPOPGDBQFST $BQQBSJTTQQ
BOEDBOCFVTFEBTB
BWPSJOH
BMPOFPSXJUIPUIFSGPPEBDJET
4QSJOHFS7FSMBH#FSMJO)FJEFMCFSH
3&/&"-.*"-G;JOHJCFSBDFBF
#VSLJMM(V[NBO4JFNPOTNB.BIZBS0ZFO%VOH 1BSUT6TFEGSVJU
6QIPG %JTUSJCVUJPO4"NFSJDB$PTUB3JDBUP#PMJWJBBOE#SB
[JMUSPQJDBM"TJB
TQFDJBMMZ*OEPOFTJB
3FOFBMNJBBMQJOJB 3PUUCPFMM
.BBT 3IBCBSCBSVNQBMNBUVN -
.PFODI
4ZOPOZNT"NPNVNBMQJOJB3PUUCPFMM3FOFBMNJBFY 3IFVNQBMNBUVN-
BMUBUB-G
$PNNPO/BNFTNPVOUBJO SFOFOFBMNJB (FSNBO
#FSH3FOFBMNJF.FYJDPJYRVJIJU 3&4&%"-.JHOPOFUUF
6TBHFBWPSJOH
VTFEGPSXSBQQJOHBTQFDJBMEJTI 3FTFEBDFBF
1BSUT6TFEMFBG
%JTUSJCVUJPOUSPQJDBM "NFSJDB GSPN #FMJ[F UP #SB[JM
XJUIUIFFYDFQUJPOPGUIF(SFBUFS"OUJMMFT 3FTFEBPEPSBUB-
4ZOPOZNT3FOFBMNJBEPNJOHFOTJT)PSBO
6TBHFBWPSJOH 3&:/0-%"(SBZ"SBMJBDFBF
%JTUSJCVUJPO*OEJB
3FOFBMNJBUIZSTPJEFB 3VJ[FU1BW
1PFQQFU 3FZOPMEBNBSDIJPOFOTJT'#S
&OEM
$PNNPO/BNFT1PMZOFTJB QJMPIF QJNBUB
QJNBUB
4ZOPOZNT"NPNVNUIZSTPJEFVN3VJ[FU1BW PNPB
$PNNPO/BNFT$PMPNCJB ZFJ &DVBEPS UFFOUFLBHF
6TBHFTDFOUJOHDPDPOVUPJMQSPEVDUFTTFOUJBMPJM
UFFOUFNP
VOLXJTJ 1BSUT6TFEBMMQMBOUQBSUT
6TBHFTQJDF %JTUSJCVUJPO1PMZOFTJB
3)&6.-3IVCBSC1PMZHPOBDFBF
6QIPG
3)"./64-#VDLUIPSO
3IBNOBDFBF
3IBNOVTDFMUJGPMJB5IVOC
3IBNOVTQSJOPJEFT-)SJU
3IBNOVTMBOEP-MBOPT
&NCFMJBQIJMJQQJOFOTJT"%$
3IBNOVTQSJOPJEFT-)SJU
4ZOPOZNT3IBNOVTDFMUJGPMJBVOC
$PNNPO/BNFTCVDLUIPSO
EPHXPPE&UIJPQJBUBEP
UBOEP'SFODICPJTEFOFSPSVOQJOFOPJSF
OPJS
QSVO (FSNBO (FSCFSFJDIFOIOMJDIFS ,SFV[ 3IBNOVTQSJOPJEFT
GSVJUJOH
EPSO*UBMJBOSBNOPDBUBUJDP
TQJOBDFSWJOB3VT
TJBO LVTDIJOB TMBCJUFMOBKB 4 "GSJDB CMJOLCMBBS
IPOEFQJT
LPOEFQJTIPVU
NP
4QBOJTI FTQJOP
#VSLJMM(V[NBO4JFNPOTNB0ZFO%VOH
DFSWBM
6TBHFTQJDF
1BSUT6TFECBSL
%JTUSJCVUJPO&
4"GSJDB&UIJPQJBUP4"GSJDBBOE/JHF 3)&6.-3IVCBSC
SJB
"OHPMB
JO&UIJPQJBBMTPDVMUJWBUFE 1PMZHPOBDFBF
/PUF 4QPSBEJDBMMZ BT B TVCTUJUVUF GPS IPQT )VNVMVT
MVQVMVT-
FHGPSCFFSAUBMMB
BOEPUIFSBMDPIPMJD
CFWFSBHFIPOFZXJOFBOENFBE AUFFEK
3IFVNPGGJDJOBMF#BJMM
)BOFMU+BOTFO+PGGF3UTDI4DIVMU[F.PUFM
3
$PNNPO/BNFT$IJOFTF SIVCBSC
NFEJDJOBM SIVCBSC
4FJEFNBOOD6QIPG
5JCFUBO SIVCBSC $IJOFTF DIJBOH DIVO
DIBJ UB
IVBOH 'SFODI SIVCBSCF PDJOBM (FSNBO (BS
UFOSIBCBSCFS $IJOFTJTDIFS 3IBCBSCFS
0TUJO
3)"1)*%01)03")BTTL EJTDIFS3IBCBSCFS
5SLJTDIFS3IBCBSCFS*UBMJBO
"SBDFBF SBCBSCBSP 1PSUVHVFTF SVJCBSCP 3VTTJBO SFWFO
BQUFUTDIOZK
SFWFOSVTTLJK
SFWFOLJUBKTLJK4QBOJTI
SVJCBSCPEFMB$IJOB
3IBQIJEPQIPSBMPCCJJ4DIPUU 6TBHFTQJDF
1BSUT6TFESIJ[PNF
$PNNPO/BNFT.BMBZTJBOBLBSBTBNUFCJOHQBZB %JTUSJCVUJPO8$IJOB
*OEPDIJOB
&5JCFU
DPNNPOMZ
6TBHFTQJDF
BWPSJOHJODVSSJFT DVMUJWBUFE
1BSUT6TFEMFBG
%JTUSJCVUJPO.BMBZTJBBOE#PSOFP "JDIFMF4DIXFHMFS
#MVOETUPOF%JDLJOTPO $IBSB
3)0%:.&/*"(SFW3IPEPNFOJBDFBF
3IPEZNFOJBQBMNBUB -
(SFW
3IFVNSIBCBSCBSVN-
4ZOPOZNT1BMNBSJBQBMNBUB -
,VOU[F
3 4ZOPOZNT3IFVNSIBQPOUJDVN-
3IFVNVOEVMBUVN 6TBHFDPOEJNFOU
- 1BSUT6TFETFBXFFE
$PNNPO/BNFTHBSEFO SIVCBSC
4JCFSJBO SIVCBSC
%JTUSJCVUJPO1BDJDBOE"UMBOUJD0DFBO
SIBQPOUJD SIVCBSC
SIVCBSC "SBCJD SBXFOE
[BIBS $IJOFTF TIJ ZVOH UB IVBOH 'SFODI SIB 6QIPG
TLVOLCVTI
QPMFDBU CVTI
4JDJMJBO TVNBD "SB -DL .PSSJT.BDLMFZ /PSNBO 4DIVMU[F
CJD TVNNBL %VUDI [VVSLSVJE 'SFODI TVNBD .PUFM 4FJEFNBOO D
E 4FJEFNBOO4JFCFSU
PEPSBOU
TVNBEFTDPSSPZFVST(FSNBO%V4V 4JFXFL 4UBFTDIF
5VGFM FU BM 5FVTDIFS
6IM8JFSTFNB-FO;FWFOEF8FU
NBDI
(FXS[4VNBDI
4FSPS8PIMSJFDIFOEFS
4VNBDI )JOEJ LBOLSBTJOH *UBMJBO TPNNBDDP
5VSLJTITVNB
TPNBL
6TBHFTQJDF
DPOEJNFOU GPS[BIUBS
3IVTUFOVJOFSWJT&OHM
1BSUT6TFEGSVJU CFFST
#P[BO FU BM $IFFST &SIBSEU FU BM (V[NBO 1BSUT6TFEMFBG
4JFNPOTNB )BOFMU )FFHFS )JMMFS.FM[JH
%JTUSJCVUJPOTPVUIFSO"GSJDB,BMBIBSJ
)PQQF 3PUI,PSNBOO 3UTDI 5FVTDIFS
8JFSTFNB-FO
W,PFOFO/FVXJOHFS2VBUUSPDDIJ
3IVTDBOBEFOTJT.BSTIBMMOPO.JMM 3JCFTPJEFTQIJMJQQFOTF0,VOU[F
3IVTBSPNBUJDB"JU &NCFMJBQIJMJQQFOTJT"%$
3IVTDPNNJQIPSPJEFT&OHMFU(JMH 3*$*/0%&/%30/.VMM"SH
&VQIPSCJBDFBF
3IVTUFOVJOFSWJT&OHM
3JDJOPEFOESPOBGSJDBOVT.VFMM
3IVTDPSJBSJB-
3JDJOPEFOESPOIFVEFMPUJJ #BJMM
1JFSSFFY1BY
4ZOPOZNT5PYJDPOESPODPSJBSJB,VOU[F
$PNNPO/BNFTTVNBD
4JDJMJBOTVNBD
MFNPOBEFUSFF
"SBCJDTVNBR'SFODITVNBD(FSNBO5BOOFST 3JDJOPEFOESPOIFVEFMPUJJ #BJMM
1JFSSFFY
4VNBDI
(FSCFSTVNBDI 4J[JMJBOJTDIFS 4VNBDI
1BY
4VNBL *OEJB TBNBLB
TVNBL
UBUSBL
UJNUJNB 3
*UBMJBOTPNNBDDP1PSUVHVFTFTVNBHSF3VTTJBO 4ZOPOZNT+BUSPQIBIFVEFMPUJJ#BJMM
3JDJOPEFOESPOBG
TVNBLI 4MPWFOJBO TVNBDI 4QBOJTI [VNBRVF SJDBOVT.VFMM
5VSLJTITVNBL
TPNBL
UBUBSJ
UFUSJ
UJSJNMJ $PNNPO/BNFT"GSJDBOOVU"OHPMBNJOHVFMMB$BN
6TBHFTQJDF
FH BENJYUVSF GPS DPOEJNFOUT [BIUBS
FSPPO BOEKFKBOH 'SFODI CPJT KBTBOHB
FTTBOH
BWPSJOHGPSUPCBDDP MFBG
(BCVO FOHFTTBN (FSNBO "GSJLBOJTDIFT .B
1BSUT6TFETFFE
MFBG IBHPOJ
0KPLCBVN (IBOB BOXBNB /JHFSJBO
%JTUSJCVUJPO.FEJUFSSBOFBOSFHJPO&
4&&VSPQF
$BV FLLV 4JFSSB -FPOF HCPMFJ 4QBOJTI DVZP
SJDJOP
DBTVT
*SBO
$
8 "TJB
BMTP DVMUJWBUFE JO 4QBJO
EFMQBT6HBOEBNVTPEP
*UBMZ
8"TJB 6TBHFTQJDFGPSTBVDF
DPOEJNFOU
1BSUT6TFETFFE
#SUFMT#FSHFS
#PJT#SVOLFB
C$SB[F %JTUSJCVUJPOUSPQJDBM 8 BOE & "GSJDB
DVMUJWBUFE JO
%BWJETPO%VEUTDIFOLPFUBM%VLFFUBM&SIBSEU
$BNFSPPO
FUBM&SJDITFO#SPXO&GGFOCFSHFS4DIJMDIFS(V[
NBO4JFNPOTNB )BOFMU )FQQFS )JMMFS.FM[JH
"FEPFUBM&SIBSEUFUBM)BOFMU/FVXJOHFS
30#*/*"--PDVTU'BCBDFBF -FHVNJOPTBF
4DIVMU[F.PUFM 5VGFM FU BM 6QIPG 8JFSTFNB &SIBSEUFUBM'MFJTDIIBVFS4DIOFMMF
-FO;FWFOEF8FU
3PSJQQBNJDSPQIZMMB #PFOO
)ZM
30#*/*"--PDVTU
'BCBDFBF -FHVNJOPTBF
/BTUVSUJVNNJDSPQIZMMVN#PFOOFY3DIC
3PCJOJBHSBOEJGMPSB- 3PSJQQBOBTUVSUJVNBRVBUJDVN -
)BZFL
4FTCBOJBHSBOEJPSB -
1FST /BTUVSUJVNPDJOBMF3#S
3PCJOJBQTFVEPBDBDJB- 3PSJQQBYTUFSJMJT"JSZ4IBX
3PTBDIJOFOTJT+BDR 3PTBGMPSJEB1PJS
1BSUT6TFEPSBMMFBG 3PTBHBMMJDB-
%JTUSJCVUJPO$IJOB
XJEFMZDVMUJWBUFE
4ZOPOZNT3PTB BVTUSJBDB $SBOU[
3PTB HSBOEJPSB
/*$1#1 0LB FU BM 5BOUBV8FJOIBVTFO 8JFSTF 4BMJTC
NB-FO
$PNNPO/BNFT'SFODI SPTF "SBCJD PVBSE
$IJOFTF
GBLVP
DIJBOHXFJ'SFODISPTFEF1SPWFODF(FS
NBO &TTJHSPTF
4BNUSPTF *OEJB HVMBC 1PSUV
3PTBYEBNBTDFOB.JMM HVFTFSPTFJSB3VTTJBOSP[BGSBODV[TLBKB
6TBHFBWPSJOH
FHNBS[JQBOQSPEVDUFTTFOUJBMPJM
4ZOPOZNT3PTBHBMMJDB-WBSEBNBTDFOB7PTT SPTFPJM
1BSUT6TFEPSBMMFBG
%JTUSJCVUJPO#VMHBSJB
'SBODF
*UBMZ
.PSPDDP
3VTTJB
3PTBHBMMJDB-Y3PTBNPTDIBUB)FSSN
5VSLFZ
/PUF $VMUJWBUFEPOMZGPSFTTFOUJBMPJMQSPEVDUJPOBOE
3PTBNPTDIBUB)FSSN
BTBOPSOBNFOUBMTISVCFPSBMMFBWFTBSFPFO
DBOEJFEBOEVTFEJODPOGFDUJPOFSZ
#BZSBL"LHM#FSHFS
#PJT#PVSUPO$IBSB
3PTBHSBOEJGMPSB4BMJTC 3
MBNCPVT%BWJETPO%VEUFTDIFOLPFUBM&SIBSEU
3PTBHBMMJDB-
FU BM &VHTUFS.SLJ'JTDIFS 'JTINBO )BHFS
)JMMFS.FM[JH)PQQF,BMLNBO,STTNBOO
-FXJOHUPO0LBFUBM0ZFO%VOH3PIOFS
3FJOIBSE3PUI,PSNBOO4DIVMU[F.PUFM4FJEF 3PTBNPTDIBUB)FSSN
NBOO 4IBSNB 4IJWB FU BM 4JOHI%FPMJB
4NBMM 5BOUBV8FJOIBVTFO 5VGFM FU BM 5PVX 4ZOPOZNT3PTBHBMMJDB-Y3PTBNPTDIBUB)FSSN
5VDLFS 6QIPG 7PHU 8JESMFDIOFS
$PNNPO/BNFTNVTLSPTF'SFODIOFTFSJ
SPTJFSNVT
8JFSTFNB-FO;FWFOEF8FU
RV(FSNBO.PTDIVTSPTF*OEJBLVCKBIB
LVKJ
LVKBJ+BWBOFTFLFNCBOHSVT1PSUVHVFTFSPTFJSB
TFMWBHFN 3VTTJBO SP[B NVTLVTOBKB 4QBOJTI
NPTRVJUFUBCMBODB
6TBHFBWPSJOHQSPEVDUFTTFOUJBMPJM SPTFPJM
1BSUT6TFEPSBMMFBG
304."3*/64-3PTFNBSZ-BNJBDFBF -BCJBUBF
3PTNBSJOVTMBWFOEVMBDFVT/PF 36.&9-4PSSFM
1PMZHPOBDFBF
3PTNBSJOVTPDJOBMJT-
3VNFYBDFUPTB-
4ZOPOZNT"DFUPTBQSBUFOTJT.JMM
36.&9-4PSSFM1PMZHPOBDFBF
1BSUT6TFEMFBG
"JDIFMF4DIXFHMFS
#FSHFS
#JMHSJ"EBN %JTUSJCVUJPO*OEJB
8)JNBMBZBT,BTINJS
#SFNOFTT$IFFST&SIBSEUFUBM
&SJDITFO
#SPXO'MFJTDIIBVFS)FFHFS)JMMFS.FM[JH "SPSB1BOEFZ6QIPG
)PGGNBOOFUBM)PQQF,PTDIUTDIFKFX4DIFODL
/BVOEPSG4DIOGFMEFS4NBMM5VGFMFUBM
5VDLFS6IM6QIPG8JFSTFNB-FO;FWFO
EF8FU 3VNFYNBSJUJNVT-
BNQGFS 1BSUT6TFEMFBG
6TBHFTQJDFGPSTPVQT %JTUSJCVUJPO&VSPQFFYDFQU*CFSJB
8
&4JCFSJB
"NVS
1BSUT6TFEGSFTIMFBG $"TJB
/*OEJB
.POHPMJB
+BQBO
"MHFSJB
"NFS
%JTUSJCVUJPO&VSPQF
$BVDBTVT
8
& 4JCFSJB
"NVS
JDB
4BLIBMJO
,BNDIBULB
OBUJWFJO/"NFSJDB
"SBPSB1BEOFZ&SIBSEUFUBM,VNBS
&SIBSEUFUBM'MFJTDIIBVFS-PDI4DIOFMMF
3
3VNFYOFNPSPTVT4DISBEFS
3VNFY"MQTUSJT+BDR
3VNFYTBOHVJTPSCJT-
3VNFYTDVUBUVT-
3VNFYPCUVTJGPMJVT-
3VNFYDSJTQVT-
$PNNPO/BNFTCJUUFS EPDL
CSPBEMFBG EPDL 'SFODI
$PNNPO/BNFTDVSMFE EPDL
EPDL
OBSSPX EPDL QBUJFODFTVWBHF(FSNBO4UVNQMUUSJHFS"NQ
'SFODI SVNFY DSQV
QBUJFODF DSQVF (FSNBO GFS *UBMJBO SPNJDF EFJ QSBUJ 1PSUVHVFTF MBCBDB
,SBVTFS"NQGFS*UBMJBOSPNJOFDSFTQP
MBQB[JP 4QBOJTIWJOBHSJMMP
SPNB[BEFLPKBTHSBOEFT
+BQBOFTFOBHBCBHJTIJHJTIJ,PSFBOTPOHHVKJ
TP 6TBHFDPOEJNFOU
SVKBFOHJ 1FSVNP[UB[B4QBOJTI BDJUPTB
MFOHVB 1BSUT6TFEZPVOHMFBG
EFWBDB %JTUSJCVUJPO&VSPQF
5VSLFZ
4ZSJB
1BMFTUJOF
$BVDB
365"-3VF3VUBDFBF
TVT
/*SBO
$BOBSZ*TMBOET
"MHFSJB
OBUJWFJO/ E"NSJRVF (FSNBO #MBTJHFS 4BVFSBNQGFS
*O
"NFSJDB
4"NFSJDB
4"GSJDB
"VTUSBMJB EJTDIFS4BVFSBNQGFS)JOEJBNCBSJ
DIVLSB
DIV
LB
TBMVOJ
TIBLLBOLJSBJ
&SIBSEU FU BM &SJDITPO#SPXO )FFHFS 4DIO 6TBHFTQJDF
GFMEFS6QIPG
1BSUT6TFEMFBG
%JTUSJCVUJPO&VSPQF (SFFDF
/ "GSJDB
"TJB NJOPS
"SBCJBO1FOJOTVMB
8"TJB
*OEJB
.BMBZTJB
3VNFYTBOHVJTPSCJT-
"SPSB1BOEFZ$IPQSBFUBM&SIBSEUFUBM)BOFMU
0DITF#BLIVJ[FOWBOEFO#SJOL4DIVMU[F.PUFM
4ZOPOZNT3VNFYOFNPSPTVT4DISBEFS
8JFSTFNB-FO;FWFOEF8FU
$PNNPO/BNFTCMPPESFE TPSSFM (FSNBO #MVU PS
)BJO"NQGFS
6TBHFTQJDFGPSTPVQT TQPSBEJDBMMZ
1BSUT6TFEMFBG 365"-3VF
%JTUSJCVUJPOUFNQFSBUF&VSPQF
$BVDBTVT
/*SBO
/8 3VUBDFBF
"GSJDB
3VUBHSBWFPMFOT-
3VNFYTDVUBUVT-
4ZOPOZNT"DFUPTB TDVMBUB -
.JMM
3VNFY BMQTUSJT 3VUBBOHVTUJGPMJB1FST
+BDR
$PNNPO/BNFT'SFODI TPSSFM
HBSEFO TPSSFM 'SFODI 3VUBDIBMFQFOTJT-
PTJFMMFBVYGFVJMMFTSOEFT
PTJFMMFCPVDMJFS
PTJFMMF
SPOEF
QBUJFODF DPVTTPO (FSNBO 3NJTDIFS
"NQGFS
3VOECMUUSJHFS "NQGFS
4DIJME4BVFS 3VUBCSBDUFPTB%$
BNQGFS*OEJBBNSVMB
BNCBSBUJ
DIBOHFSJ*UBMJBO
BDFUPTBSPNBOB
FSCBQBOBWJO3VTTJBOTUTDIBXFM 3VUBDIBMFQFOTJT-
TUTDIJULPWJEVJK4QBOJTIBDFEFSBDPOIPKBTSFEPO
EBTGSBODFTB
BDFEFSBSPNBOB
BDFEFSBSFEPOEB
6TBHFQPUIFSC
BWPSJOHTPVQTBOEEJTIFT 3VUBDIBMFQFOTJT-
1BSUT6TFEMFBG
3 %JTUSJCVUJPO4 &VSPQF
"MQT
$ &VSPQF
"TJB NJOPS
4ZOPOZNT3VUBBOHVTUJGPMJB1FST
3VUBCSBDUFPTB%$
*OEJB8)JNBMBZBT
$BVDBTVT
TQPSBEJDBMMZDVM 3VUBGVNBSJBFGPMJB#PJTTFU)FMESG
UJWBUFE $PNNPO/BNFT&HZQUJBOSVF
GSJOHFOUSVF
4ZSJBOSVF
/PUFFMFBWFTBSFMFNPOTPVS "SBCJDEKFM
EKMB'SFODISVFE"MHSJF(FSNBO
"MFQQP3BVUF
(FGSBOTUF 3BVUF
4ZSJTDIF 3BVUF
"JDIFMF4DIXFHMFS
"SPSB1BOEFZ #SFNOFTT )JOEJQJTNBSVN
TBEBC
TBUBSJ
&SIBSEUFUBM'MFJTDIIBVFS)BOFMU)FFHFS
6TBHFTQJDF
4DIOFMMF4DIVMU[F.PUFM5VDLFS8JFSTFNB-FO
;FWFOEF8FU
1BSUT6TFEIFSC
%JTUSJCVUJPO$BOBSZ *TMBOET
.FEJUFSSBOFBO SFHJPO
&UIJPQJB
"SBCJBDVMUJWBUFE$
4"NFSJDB
.FYJDP
8*OEJBO*TMBOET
3VNFYWFTJDBSJVT-
)BOFMU)FQQFS)JMMFS.FM[JH+BOTFO0DIPB
"MPOTP4DIVMU[F.PUFM4FJEFNBOOD4NBMM
4ZOPOZNT-BQBUIVNWFTJDBSJVN -
.PFODI
5FVTDIFS6QIPG7BTVEFWBO-VDLOFS7JMMBNBSFU
$PNNPO/BNFTCMBEEFS EPDL
'SFODI PTFJMMF BM;FWFOEF8FU
365"-3VF3VUBDFBF
3VUBGVNBSJBFGPMJB#PJTTFU)FMES 3VUBHSBWFPMFOT-WBSNPOUBOB
3VUBDIBMFQFOTJT- 3VUBNPOUBOB-
3VUBHSBWFPMFOT- 3VUBNPOUBOB-
4"#"1JDIPO 4BMWBEPSBQFSTJDB-
"QPDZOBDFBF
4ZOPOZNT$JTTVT BSCPSFB 'PSSTL
4BMWBEPSB JOEJDB
8JHIU
4BMWBEPSBQBOJDVMBUB;VDDFY4UFVE
4BCBTFOFHBMFOTJT %$
1JDIPO $PNNPO/BNFTTBMUCVTI
UPPUICSVTIUFB"SBCJDBSBL
NJTXBL
TJXBL'SFODIBSCSFCSPTTFEFOUT(FS
4ZOPOZNT-BOEPMQIJBTFOFHBMFOTJT,PUTDIFU1FZS NBO4BM[CVTDI
4FOBVN
;BIOCSTUFOTUSBVDI
6TBHFTQJDFGPSTBVDFTDPOEJNFOU -XFOCVTDI*OEJBDIPUBQJMV
KIBL
LIBSKBM
LBL
1BSUT6TFEMFBG LBN
QJMVEJ
QJMWB
SIBLIBO
%JTUSJCVUJPOUSPQJDBM 8 "GSJDB UIF (BNCJB
(VJOFB
6TBHFDPOEJNFOU SBXMFBWFT
GPSTBVDFTBOETBMBET
*WPSZ$PBTU
.BMJ
/JHFSJB
4FOFHBM 1BSUT6TFEMFBG
GSVJU
/PUFFQMBOUJTBOBQQFUJUFTUJNVMBOU %JTUSJCVUJPO/ BOE 48 "GSJDB .BMJ
/JHFS
/JHFSJB
4FOFHBM/8*OEJB
#VSLJMM
/FVXJOHFS
1FMJTJFSFUBM /PUF FUBTUFPGUIFGSVJUTi4FOGEFS#JCFMuJTQVOHFOU
PSQFQQFSZFQFFMFEBOEESZNJTXBLUXJHTBSF
VFEBTUPPUICSVTIJOUIFBSBCJBODPVOUSJFT
4BMJTCVSZBCJMPCB)PGGNBOOTFHH
"SPSB1BOEFZ #VSLJMM
%BM[JFM )BOFMU
)JMMFS.FM[JH W ,PFOFO 3PCFSUZ 6QIPG
(JOHLPCJMPCB-
8FBMUIPG*OEJB
8ZLFUBM
4"-7"%03"-
4BMWBEPSBDFBF 4"-7*"-4BHF
-BNJBDFBF -BCJBUBF
4BMWBEPSBQFSTJDB-
4BMWJBBFUIJPQJT-
4QSJOHFS7FSMBH#FSMJO)FJEFMCFSH
4"-7*"-4BHF-BNJBDFBF -BCJBUBF
.PISFO4BMCFJ
6OHBSJTDIFS4BMCFJ*UBMJBOFUJPQ
JEFTBMWJB
6TBHFTQJDF
BWPSJOH
1BSUT6TFEIFSC
%JTUSJCVUJPO4&VSPQF
*CFSJB
4'SBODF
/"GSJDB
5VS
LFZ
"TJBNJOPS
5SBOTDBVDBTJB
8"TJB
OBUJWFJO
/"NFSJDB
#PZB7BMWFSEF$IBMDIBUFUBMB$MFCTDI&SIBSEU
FUBM)BOFMU4DIVMU[F.PUFM4VUUPO6MVCF
MJO6ZHVS8JFSTFNB-FO
4BMWJBBSBNJFOTJT3FDI
$PNNPO/BNFT"SBNFOJBOTBMWF(FSNBO"SBNFOJ
TDIFS4BMCFJ
6TBHFBWPSJOH
1BSUT6TFEIFSC
%JTUSJCVUJPO"SNFOJB
5VSLFZ
%FNJSDJFUBMB4BSFS
4BMWJBBSHFOUFB
QMBOU
4BMWJBBSHFOUFB-
4ZOPOZNT4BMWJBDBOEJEJTTJNB(VTT 4BMWJBDBOEJEJTTJNB(VTT
$PNNPO/BNFTTJMWFS TBHF 'SFODI TBVHF BSHFOUF
(FSNBO4JMCFSCMBUU4BMCFJ 4BMWJBBSHFOUFB-
6TBHFTQJDF
BWPSJOH
1BSUT6TFEMFBG
%JTUSJCVUJPO&VSPQF44QBJO
'SBODF
#BMLBOT
5VSLFZ
4BMWJBDBSEVBDFB#FOUI
/8"GSJDB
$PNNPO/BNFTUIJTUMF TBHF DIJB (FSNBO %JTUFMBS
$MFCTDI&SIBSEUFUBM4VUUPO UJHFS4BMCFJ
%JTUFM4BMCFJ
6TBHFTQJDF
DPOEJNFOU
4 1BSUT6TFEMFBG
4BMWJBCFOHBMJFOTJT,OJHFY3PYC %JTUSJCVUJPO4&"TJB
64"$BMJGPSOJB
.FYJDP
.FSJBOESBCFOHBMJFOTJT ,POKBFY3PYC
#FOUI $MFCTDI &SIBSEU FU BM )BOFMU ,JOU[JPT
6TIFS
4BMWJBDBNFSUPOJ3FHFM
4BMWJBDIVEBFJ#BUUFU5SBC
4BMWJBFMFHBOT7BIM
6TBHFDPOEJNFOU JOUIF)PHHFSSFHJPO
1BSUT6TFEQMBOU
%JTUSJCVUJPO4BIFMPG.BMJ
4"-7*"-4BHF-BNJBDFBF -BCJBUBF
$PNNPO/BNFTCMVF TBHF
+JN TBHF (FSNBO $MFWF $IFFST $MFCTDI )BMJN$PMMJOT )BOFMU
,JOU[JPT4NBMM4VUUPO5VDLFS
MBOE4BMCFJ
#MBVFS4BMCFJ
.BS[JQBO4BMCFJ
6TBHFTQJDF
1BSUT6TFEMFBG
%JTUSJCVUJPOOBUJWF PG $BMJGPSOJB $BOBEB
OPSUIFSO 4BMWJBFMFHBOT7BIM
64"
4ZOPOZNT4BMWJB DBNFSUPOJ 3FHFM
4BMWJB JODBSOBUB
$MFCTDI,JOU[JPT4NBMM $BW
4BMWJBSVUJMBOT$BSS
$PNNPO/BNFTUBOHFSJOF TBHF
QJOFBQQMFTDFOUFE
TBHF 64"
(FSNBO "OBOBT4BMCFJ
)POJH
4BMWJBEJTDPMPS,VOUI NFMPOFO4BMCFJ
6TBHFQPUIFSC
$PNNPO/BNFT1FSVWJBOTBHF(FSNBO1FSVBOJTDIFS 1BSUT6TFEMFBG
IFSC
4BMCFJ
7FSTDIJFEFOGBSCJHFS4BMCFJ %JTUSJCVUJPO$
4 "NFSJDB .FYJDP
(VBUBNBMB
POMZ
6TBHFQPUIFSC DVMUJWBUFE
1BSUT6TFEMFBG /PUFFPEPSBSFGFXTIPXFE
%JTUSJCVUJPO4"NFSJDB1FSV
/PUFUIFQMBOUIBTBGSVJUZ
FVDBMZQUVTTDFOU #SFNOFTT $IFFST $MFCTDI &SIBSEU FU BM
)BOFMU,JOU[JPT.PSUPO4NBMM4VUUPO
5FVTDIFS5VDLFS7JMMBNBSFUBM
$IFFST$MFCTDI&SIBSEUFUBM,JOU[JPT4NBMM
4VUUPO
4BMWJBGSVUJDPTB.JMM
4BMWJBEJWJOPSVN&QMJOHFU+UJWB
4ZOPOZNT4BMWJBMJCBOPUJDB#PJTTFU(BJMM
4BMWJBUSJ
$PNNPO/BNFTIFSCPGUIF7JSHJO(FSNBO"[UFLFO MPCB-G
4BMCFJ
8BISTBHFS4BMCFJ .FYJDP QJQJMU[JOU[JOMJ $PNNPO/BNFT(SFFL TBHF
5VSLJTI TBHF "SBCJD 4
4QBOJTIIJFSCBEFMBQBTUPSB
ZFSCBEF.BSJB LIBZBUFMEKVSIBU$SFUBOGBTLPNJMJB
TGBLPNJMJB
6TBHFBWPSJOH 'SFODIQPNNFEFTBVHB
TBVHFUSJMPCF
TBVHF
1BSUT6TFEIFSC
MFBG USPJT MPCFT (FSNBO 'SVDIUTBMCFJ
(SJFDIJTDIFS
%JTUSJCVUJPO.FYJDP0BYBDB 4BMCFJ
,SFV[TBMCFJ*UBMJBOTBMWJBUSJMPCBUB4QBO
JTITBMWJBSFBM
TBMWJBUSJMPCB 5VSLJTIFMNBZBHJ
&SIBSEUFUBM)JMMFS.FM[JH)BOFMU3UTDI TBMWJBSFBM
4DIVMU[F.PUFM4NBMM4VUUPO6QIPG
6TBHFTQJDFQSPEVDUFTTFOUJBMPJM
1BSUT6TFEMFBG
%JTUSJCVUJPO.FEJUFSSBOFBOSFHJPOTGSPN4#BMLBOTUP
-FCBOPO
-JCZB
4 *UBMZ
"MCBOJB
%BMNBUJB
5VS
4"-7*"-4BHF-BNJBDFBF -BCJBUBF
LFZTVCTQPOUBOFPVTMZJO/8"GSJDBBOE.JEEMF "INFE FU BM #VSLIJMM #VTIXBZ FU BM $BIJMM
&BTUDVMUJWBUFESFMJDUJO44QBJOBOE"MHBSWF $MFCTDI&TUJMBJFUBM)BOFMU,JOU[JPT
4DIVMU[F.PUFM 4NBMM 5VGFM FU BM 6QIPG
/PUFFQMBOUJTBMTPVTFEBTBOBEVMUFSBOUPG4BMWJB
7JMMBNBSFUBM8JFSTFNB-FO
PDJOBMJT-
"CEBMMBFUBM"OPO#SUFMT#FSHFS
#SJFT
LPSO#JFDIFMF $BUTJPUJT*DPOPNPV $MFCTDI &S
4BMWJBIJTQBOPSVN-BH
IBSEUFUBM)BHFS
)BOFMU)BSWBMBFUBMC
)FQQFS)JMMFS.FM[JH)PINBOOFUBM,BSPVTPV
FU BM ,JOU[JPT 1J[[BMF FU BM 1TDIZSFNCFM 4BMWJBMBWBOEVMJGPMJB7BIM
1VUJFWTLZFUBM3PUI,PSNBOO3IZV4DIOGFMEFS
4DIVMU[F.PUFM 4NBMM 4VUUPO 5FVTDIFS
5VDLFS8JFSTFNB-FO 4BMWJBIPSNJOVN-
4BMWJBWJSJEJT-
4BMWJBHMVUJOPTB-
$MFCTDI&SIBSEUFUBM)PQQF,JOU[JPT4VU 4BMWJBBFUIJPQJT-
UPO
4BMWJBMBWBOEVMJGPMJB7BIM
4BMWJBHSBIBNJJ#FOUI
4ZOPOZNT4BMWJBIJTQBOPSVN-BH
4BMWJBNJDSPQIZMMB)VNC
#POQMFU,VOUIWBS $PNNPO/BNFT4QBOJTI TBHF
MBWBOEFS TBHF %VUDI
NJDSPQIZMMB TQBBOTFTBMJF'SFODITBVHFGFVJMMFTEFMBWBOEF
(FSNBO -BWFOEFMCMUUSJHFS 4BMCFJ
4QBOJTDIFS
4BMCFJ4QBOJTITBMWJBOB
4BMWJBIJTQBOJDB- 6TBHFTQJDF
BWPSJOH GPS EFTTFSUT
TP ESJOLT
BMDP
IPMJDCFWFSBHFQSPEVDUFTTFOUJBMPJM
4ZOPOZNT4BMWJBUFUSBHPOB.PFODI 1BSUT6TFEMFBG
4 $PNNPO/BNFT4QBOJTI TBHF 'SFODI TBVHF EF %JTUSJCVUJPO4QBJO
'SBODF 1ZSFOFFT
BMTPDVMUJWBUFE
M&TQBHOF(FSNBO4QBOJTDIFS4BMCFJ(VBUBNB /PUFFQMBOUJTBMTPVTFEBTBEVMUFSBOUPG4BMWJBPG
MBO DIJO
DIBO .FYJDP DIB
DIB CMBODP
DIB DJOBMJT-
EFMDBNQP
6TBHFTQJDF
TJNJMBSJOTBVDFT
TBMBET
TPVQT
CFWFSBH #SUFMT#PVSUPO#SFNOFTT$IBSBMBNCPVT
$MFCTDI&SIBSEUFUBM)BOFMU)JMMFS.FM[JH
FT
EJFUGPPEQSPEVDUFTTFOUJBMPJM GSPNMFBWFT
,JOU[JPT.FMDIJPS,BTUOFS1FSSZFUBM3PUI,P
1BSUT6TFETFFE
IFSC SNBOO4DIOGFMEFS4DIVMU[F.PUFM4FJEFNBOO
%JTUSJCVUJPO48 64" $BMJGPSOJB UP /FX .FYJDP D4NBMM4VUUPO5PNT-PSFOUFFUBM5VDLFS
.FYJDPTQSFBEUP$VCB
+BNBJDB
BOEJOUIFIJMMT 7JMMBNBSFUBM8JFSTFNB-FO
PG+BWB
/PUFFTQFDJFTXBTDVMUJWBUFEXJEFMZCZUIF"[UFDT
CFGPSF UIF 4QBOJTI DPORVFTU F TFFET IBWF B 4BMWJBMJCBOPUJDB#PJTTFU(BJMM
IJHIGBUUZPJMDPOUFOU
4BMWJBGSVUJDPTB.JMM
4"-7*"-4BHF-BNJBDFBF -BCJBUBF
4BMWJBNFOUIBFGPMJB5FOPSF
$MFCTDI,JOU[JPT
4BMWJBNJDSPQIZMMB)VNC
#POQMFU,VOUI
WBSNJDSPQIZMMB
4ZOPOZNT4BMWJBHSBIBNJJ#FOUI
$PNNPO/BNFT(SBIBN TBMWF
HSBQFGSVJU TBHF (FS
NBO(SBIBNT4BMCFJ
(SBQFGSVJU4BMCFJ
6TBHFBWPSJOH
1BSUT6TFEMFBG
%JTUSJCVUJPO.FYJDP
$MFCTDI&SIBSEUFUBM)PQQF
4VUUPO
4BMWJBPGGJDJOBMJT
GMPXFSJOH
4BMWJBPGGJDJOBMJT-
"JDIFMF4DIXFHMFS
"OESFXT "TMMBOJ #S
4ZOPOZNT4BMWJBPDJOBMJT-TTQNBKPS(BNT
4BMWJB UFMT #FSHFS
#PFMFOT#PFMFOT #PVSUPO
UPNFOUPTB.JMM #SFNOFTT #SJFTLPSO #SJFTLPSO#JFDIFMF #SJFT
$PNNPO/BNFTTBHF
DPNNPOTBHF
HBSEFOTBHF"SB LPSO%NMJOH #SJFTLPSO'VDIT EJ $FTBSF FU BM
CJDNBSZBNJZBNPGBTTB
TBMJNB
TBMNZB$IJOFTF $IFFST$MBJS$MFCTDI$PJDJV3BD[ OPZFBS
$VWF
DIJOH DIJFI 'SFODI TBVHF
HSBOEF TBVHF
TBVHF MJFS FU BM %BWJETPO %VEUTDIFOLP FU BM &SIBSEU
FU BM 'BSSFMM (SFMMB1JDDJ (V[NBO4JFNPOTNB
PDJOBMF
UIEFMB(SDF
IFSCFTBDSF(FSNBO
)BHFS
)BOFMU )FFHFS )JMMFS.FM[JH
&DIUFS 4BMCFJ
(BSUFO4BMCFJ
%BMNBUJOFS 4BMCFJ
)PGGNBOOFUBM)PINBOO)PINBOOFUBM
,OJHTTBMCFJ*UBMJBOTBMWJB+BQBOFTFTBHF,PSF )PQQF*WBOJD4BWJO+BMTFOKBLFUBM,JOU[JPT
BOZBLQVMLLPU1PSUVHVFTFTMWJB3VTTJBOTDIBM ,PVIJMB FU BM ,SFVU[JH -OHFS FU BM .FMDIJPS
GFKBQUFUTDIOZ
TDIBXMJK
TDIBMXJKB4QBOJTITBMWJB ,BTUOFS.JVSBFUBM/FXBMMFUBM0MMBOLFUPFUBM
PDJOBM
TBMWJBSFBM5VSLJTIBEBDBZJ 1BDIBMZB1FSSZFUBM1FUFS1JDDBHMJBFUBM
1JOPFUBM1J[[BMFFUBM1PDIMKPCLJO
4
6TBHFTQJDF
GPSWBSJPVTEJTIFT
TPVQT
TBVDFT
TBMBET
1SVUIJ1TDIZSFNCFM1VUKFWTLZFUBM3FWFSDIPOFU
DPOTFSWFT
NFBU TI
DIFFTF
XJOF FUD QSPEVDU BM3PTFOHBSUFO3PUI,PSNBOO4BOUPT(PNFT
FTTFOUJBMPJM 'FSOBOEFT'FSSFJSB4DIOGFMEFS4DIVMU[F.PUFM
1BSUT6TFEMFBG 4DIXBS[5FSOFT B
C
4DIXBS[ FU BM 4FJEFNBOO
%JTUSJCVUJPO4
4& &VSPQF DVMUJWBUFE BOE OBUJWF FMTF D 4FJEFNBOO4JFCFSU 4FZCPMEU 4IJ FU BM
4JFXFL 4NBMM 4UBFTDIF 4VUUPO 5VGFM FU
XIFSF .FEJUFSSBOFBO SFHJPOT
6LSBJOF
.PMEB
BM 5VDLFS 5VDLFS FU BM 5VDLFS.BDJBSFMMP
WJB
$&VSPQF
*OEJB
*OEPOFTJB +BWB
5BO[BOJB
5VSPWBFUBM6CJMMPT6MVCFMFOFUBM6QIPG
TPVUIFSO"GSJDB
"OUJMMFT
$BOBEB
64"
#SB[JM 6TIFS7FSOJO.FU[HFS8FBMUIPG*OEJB
8JFSTF
/PUFFTQFDJFTJTWFSZWBSJBCMF
FTQFDJBMMZJOSFHBSE NB-FO 8TUFOGFME)BFOTFM :JOSPOH -V:FBQ 'PP
UP MFBG DIBSBDUFS .BOZ DVMUJWBST IBE CFFO SF
8ZLFUBM;FWFOEF8FU
MFBTFE
4"-7*"-4BHF-BNJBDFBF -BCJBUBF
4BMWJBPGGJDJOBMJT-TTQNBKPS(BNT 4BMWJBUSJMPCB-G
4BMWJBPDJOBMJT- 4BMWJBGSVUJDPTB.JMM
4BMWJBSVUJMBOT$BSS 4BMWJBWFSCFOBDB-
4BMWJBFMFHBOT7BIM 4ZOPOZNT4BMWJBDMBOEFTUJOB-
$PNNPO/BNFTXJMEDMBSZ
WFSWFJOFTBHF'SFODITBV
HFWFSWBJOF(FSNBO&JTFOLSBVU4BMCFJ
4BMWJBTDMBSFB- 6TBHFTQJDF
BWPSJOH
1BSUT6TFEMFBG
4ZOPOZNT4DMBSFBWVMHBSJT.JMM %JTUSJCVUJPO"TJB NJOPS
TPVUIFSO .FEJUFSSBOFBO
$PNNPO/BNFTDMBSZ
DMBSZ TBHF
DMBSZ XPSU
&OHMJTI SFHJPOT
4&VSPQF
8&VSPQFUP4DPUMBOE
JOUSP
TBHF
NVTDBU TBHF "SBCJD LB FEEVCC 'SFODI EVDFEUP4"GSJDB
4"VTUSBMJBBOE64"
TBVHFTDMBSF
PSWBMF
UPVUFCPOOF(FSNBO$MBSZ /PUF 'SFTI MFBWFT BEEFE UP PNFMFUUFT JO .BDSPOFTJB
4BMCFJ
.VTLBUFMMFS4BMCFJ
4DIBSMBDILSBVU
4DIBS BOE48"TJB
MFJ*UBMJBOFSCBNPTDBUFMMBTDMBSFB3VTTJBOTIBGFK
NVTLBUOZ4QBOJTIIJFSCBEFMPTPKPT "JDIFMF4DIXFHMFS
#SUFMT$BCPFUBM&SIBSEU
FUBM)BOFMU,JOU[JPT4DIVMU[F.PUFM4VU
6TBHFTQJDF
GPS MJRVFVST BOE XJOFT WFSNPVUI BOE
UPO5VDLFS
NVTDBUFM
BWPSJOH EJTIFT BOE TBMBET QSPEVDU
FTTFOUJBMPJM PJMPGDMBSZ
ZPVOHMFBWFTBSFFBUFO
BTBEFTTFSU XJUIPSBOHFTBVDFBOETVHBS
1BSUT6TFEMFBG 4BMWJBWFSUJDJMMBUB-
%JTUSJCVUJPO48 &VSPQF *CFSJB
'SBODF
& &VSPQF
5VSLFZ
4ZSJB
1BMFTUJOF
$BVDBTVT
*SBO
$ "TJB
$PNNPO/BNFT(FSNBO 2VJSMCMUJHFS 4BMCFJ
3VT
/8"GSJDB
,FOZB
OBUJWFJO"VTUSJBBOE4XJU[FS TJBODIBMGFKNVUPWUTDIBUJK
MBOEGSFRVFOUMZDVMUJWBUFE 6TBHFTQJDF
BWPSJOH
1BSUT6TFEIFSC
"JDIFMF4DIXFHMFS
#SUFMT #FSHFS
#SFN %JTUSJCVUJPO4
4&&VSPQF
'SBODF
5VSLFZ
"TJBNJOPS
OFTT $BSSVCCB FU BM $IBSBMBNCPVT $IFFST
/*SBR
/*SBO
$BVDBTVT
84JCFSJB
OBUJWFJO$
$MBJS $MFCTDI $PJDJV3BD[ OP ZFBS
%BWJETPO
%VEUTDIFOLP FU BM &SIBSEU FU BM 'MFJTDIIBVFS
&VSPQF
#SJUJTI*TMFT
4DBOEJOBWJB
/"NFSJDB
)BOFMU )FFHFS )JMMFS.FM[JH *MJFWB
,JOU[JPT.BVSFS)BVTFS.JLVT4DIBTFS1JUBSPLJMJ $IBMDIBU FU BM B $MFCTDI &SIBSEU FU BM
FUBM3PUI,PSNBOO4DIVMU[F.PUFM4FJEFNBOO )BOFMU4DIVMU[F.PUFM
D 4FJEFNBOO4JFCFSU 4IJWB FU BM 4NBMM
4 4VUUPO5VGFMFUBM5FVTDIFS5VDLFS6CJM
MPT6QIPG6TIFS8JFSTFNB-FO8M
;NCPSJ/ZSEJ4[BCBEZ;FWFOEF8FU 4BMWJBWJSJEJT-
4ZOPOZNT4BMWJBIPSNJOVN-
$PNNPO/BNFTCMVFCFBSE TBHF
BOOVBM TBHF
+PTFQI
4BMWJBUFUSBHPOB.PFODI TBHF
SFE UPQQFE TBHF $BOBEB QBJOUFE TBHF
'SFODI TBVHF IPSNJO PS WFSUF (FSNBO 4DIBS
4BMWJBIJTQBOJDB- MBDITBMCFJ
4DIPQG4BMCFJ *UBMJBO HBMMJUSJDP
DIJ
BSFB
PSNJP
6TBHFTQJDFGPSTBMBET
TPVQTBOEDPPLFEWFHFUBCMFT
4BMWJBUPNFOUPTB.JMM BWPSJOHGPSCFFSBOEXJOF
1BSUT6TFEMFBG
4BMWJBPDJOBMJT- %JTUSJCVUJPO.PSPDDP UP 5VOFTJB
4 &VSPQF
5VSLFZ
4"/(6*403#"-#VSOFU3PTBDFBF
4BNBSBQIJMJQQFOTJT7JEBM 4BOHVJTPSCBNJOPS#FSUPM
&NCFMJBQIJMJQQFOTJT"%$ 4BOHVJTPSCBNJOPS4DPQ
4".#6$64-&MEFS 4BOHVJTPSCBNJOPS4DPQ
$BQSJGPMJBDFBF
4ZOPOZNT1JNQJOFMMBNJOPS 4DPQ
-BN
1PUFSJBTBO
HVJTPSCB-
4BOHVJTPSCBNJOPS#FSUPM
4BNCVDVTOJHSB- $PNNPO/BNFTCVSOFU
TBMBE CVSOFU
TNBMM CVSOFU
'SFODI QFUJUF QJNQSFOFMMF
QJNQSFOFMMF
QJNQSF
$PNNPO/BNFTCMBDLFMEFS
DPNNPOFMEFS
&VSPQFBO OFMMFDPNNVOFEFTQST
QJNQSJOFMMFEFTKBSEJOT
FMEFS
FMEFSCFSSZ"SBCJDPLLF[TJEJNPVTTB
CJMB QSPNQFOFMMF TBOHVJTPSCF (FSNBO ,MFJOFS 8J
TBO
LIFMXBO
LBNBOLBCJS'SFODIHSBOETVSFBV
FTFOLOPQG
,MFJOF #JCFSOFMMF
,MFJOF 1JNQJOFMMF
TVSFBV DPNNVO
TVSFBV OPJS (FSNBO 'MJFEFS #PDLTQFUFSTJMJF
4UFJOQJM[QFUFSTJMJF
)VTBSFO
CFFSF
)PMEFS
)PMMFSCFFSFO
4DIXBS[FS )PMVO ,OPQG*UBMJBOTBMWBTUSFMMB
TBOHVJTPSCB3VTTJBO
EFS *UBMJBO TBNCVDP 1PSUVHVFTF TBCVHVFJSP UTDIFSOPHPMPXOJL LSPXPDIMMFCLPXZK 4QBOJTI
OFHSP 3VTTJBO CVTJOB 4QBOJTI TBDP DPNO
QJNQJOFMBNFOPS
QJNQJOFMBTBOHVJTPSCB
TBMWBT
TBNCVHP USFMMB
6TBHFTQJDF
BWPSJOH 6TBHFQPUIFSC
1BSUT6TFEPXFS 1BSUT6TFEGSFTIMFBG
%JTUSJCVUJPO&VSPQF
5VSLFZ
8 "TJB $BVDBTVT
/ %JTUSJCVUJPO&VSPQF
5VSLFZ
$BVDBTVT
/*SBO
8)J
*SBR
8 *SBO
/ "GSJDB
BMTP DVMUJWBUFE JO "GSJDB NBMBZBT
"MUBJ NPVOUBJOT
$ "TJB
4JCFSJB
/8
BOE"TJB "GSJDB
-JCZBOBUJWFFMTFXIFSF
/PUF'SFTIPXFSTBEEFEUPBWPSJOHPGPNFMFUUFT
"JDIFMF4DIXFHMFS
#JMHSJ"EBN #SFNOFTT
"JDIFMF4DIXFHMFS
#FDLFS#FOEFM#FOL $IFFST$MBJS%BWJETPO%VEUTDIFOLPFUBM
#FSHFS
#JMHSJ"EBN #SFNOFTT $IBSBMBN
CPVT $IFFST $PJDJV3BD[ OP ZFBS
%BWJETPO
&SIBSEUFUBM'MFJTDIIBVFS)FFHFS)JMMFS.FM[JH
)PQQF 4DIOFMMF 4DIOGFMEFS 4DIVMU[F
4
%VEUTDIFOLP FU BM &JDIJOHFS &SIBSEU FU BM .PUFM4FJEFNBOOD4NBMM5FVTDIFS5VDLFS
&SJDITFO#SPXO'MFJTDIIBVFS)FFHFS)JMMFS.FM 8JFSTFNB-FO
[JH)PGGNBOOFUBM)PINBOOFUBM)PQQF
+FOTFO/JFMTFO +PSHFOTFO FU BM /FXBMM FU BM
1TDIZSFNCFM 3JDIUFS8JMMVIO 4DIOFMMF 4DIO 4BOHVJTPSCBPGGJDJOBMJT-
GFMEFS4DIVMU[F.PUFM4FJEFNBOOD5VGFMFUBM
5PVMFNPOEF3JDIBSE 5VSPWB FU BM 8JFSTFNB
-FO 8JMMVIO3JDIUFS 8ZL FU BM ;FWFOEF8FU 4ZOPOZNT1PUFSJVNPDJOBMF -
"(SBZ4BOHVJTPS
CBBVSJDVMBUB4DPQ
$PNNPO/BNFTCVSOFU
HBSEFO CVSOFU
HSFBU CVSOFU
$IJOFTF UJH 'SFODI HSBOEF QJNQSFOFMMF
QJN
QSFOFMMFEFTQST
TBOHVJTPSCFPDJOBMF(FSNBO
#MVULPQG
(SPFS8JFTFOLOPQG
(SPF#JCFSOFMMF
4"/4&7*&3*"5IVOC#PXTUSJOH)FNQ
4OBLF1MBOU%SBDBFOBDFBF "HBWBDFBF
"HBSXBM$IFFST&SIBSEUFUBM)BOFMU4DIVM
U[F.PUFM 8FBMUI PG *OEJB
8JFSTFNB-FO
4BOUBMVNPWBUVN3#S
;FWFOEF8FU
4BOUBMVNBMCVN-
4"44"'3"4/FFT4BTTBGSBT-BVSBDFBF
4"/50-*/"-4BOUPMJOB /PUFFIFSCJTBUSBEJUJPOBMDPOEJNFOUJO,PSFB
"TUFSBDFBF $PNQPTJUBF
#BJLFUBM)BOFMU8JFSTFNB-FO
4BOUPMJOBSPTFNBSJOJGPMJB-
4BSPUIBNOVTTDPQBSJVT -
8JNNFSFY,PDI
4ZOPOZNT4BOUPMJOB WJSFOT .JMM
4BOUPMJOB WJSJEJT
8JMME $ZUJTVTTDPQBSJVT -
-JOL
$PNNPO/BNFTHSFFOTBOUPMJOB(FSNBO(SOF)FJ
MJHFOCMVNF
(SOFT)FJMJHFOLSBVU
3PTNBSJOCMU
USJHFT)FJMJHFOLSBVU 4"44"'3"4/FFT4BTTBGSBT
6TBHFBWPSJOH -BVSBDFBF
1BSUT6TFE GSFTI
IFSC
%JTUSJCVUJPO48&VSPQF*CFSJB
4'SBODF
.PSPDDP
/PUF4PMEJO"MHBSWFNBSLFUTGPSBWPSJOH 4BTTBGSBTBMCJEVN /VUU
/FFT
4"104)/*,07"4DIJTDIL
"QJBDFBF 6NCFMMJGFSBF
4
4BQPTIOJLPWBEJWBSJDBUB 5VSD[
4DIJTDIL
4ZOPOZNT4JMFSEJWBSJDBUVN 5VSD[
#FOUIFU)PPLG
$PNNPO/BNFT$IJOFTFGBOHGFOH(FSNBO4QFSSJHF
4BQPTIOJLPWJF +BQBOFTF UPTVLF CGV ,PSFBO
QBOHQIVOH 3VTTJBO TBQPOJLPWJKB SBTUPQZSFO
OBKB
6TBHFTQJDF
MJLFQBSTMFZ
1BSUT6TFEGSFTIMFBWFT
%JTUSJCVUJPO/&$IJOB
&4JCFSJB
.POHPMJB
'BS&BTU
FSO3VTTJB
,PSFB 4BTTBGSBTBMCJEVN
GMPXFSJOH
4"563&+"-4BWPSZ-BNJBDFBF -BCJBUBF
4BTTBGSBTPGGJDJOBMJT/FFTFU.&CFSU
4BUVSFKBEPVHIMBTJJ #FOUI
#SJR
4BTTBGSBTBMCJEVN /VUU
/FFT
4ZOPOZNT.JDSPNFSJBEPVHIMBTJJ#FOUI
$PNNPO/BNFT*OEJBO NJOU
0SFHPO UFB (FSNBO
4"563&+"-4BWPSZ ,BVHVNNJQBO[F4QBOJTIZFSCBCVFOB
-BNJBDFBF -BCJBUBF
6TBHFBWPSJOH
1BSUT6TFEMFBG
IFSC
%JTUSJCVUJPO64"
4BUVSFKBBDJOPT -
4DIFFMF
)PQQF
4NBMM
"DJOPTBSWFOTJT -BN
%BOEZ
4BUVSFKBHSBOEJGMPSB -
4DIFFMF
4BUVSFKBCJGMPSB #VDI)BNFY%%PO
#SJR
$BMBNJOUIFHSBOEJPSB -
.PFODI
4ZOPOZNT.JDSPNFSJBJNCSJDBUB'PSTTL
$PNNPO/BNFTMFNPOTBWPSZ(FSNBO"GSJLBOJTDIFT
;JUSPOFO#PIOFOLSBVU 4BUVSFKBIPSUFOTJT-
6TBHFBWPSJOH
1BSUT6TFEIFSC 4ZOPOZNT4BUVSFKB PDJOBSVN $SBOU[
4BUVSFKB
%JTUSJCVUJPO"GSJDB3FE4FBUP&UIJPQJB WJNJOFB#VSN
/PUFFQMBOUIBTBTUSPOHDJUSVTBSPNB $PNNPO/BNFTTBWPSZ
HBSEFO TBWPSZ
TVNNFS TB
WPSZ"SBCJDOBEHI$IJOFTFITJBOHQPIP%VUDI
)PQQF
4NBMM CPPOFOLSVJE'SFODITBSSJFUUFBOOVFMMF
TBSSJFUUF
DPNNVOF
TBWPVSF
TBESF
IFSCFEF4BJOU+VMJFO
(FSNBO 4PNNFS
#PIOFOLSBVU
(BSUFO#PI
4BUVSFKBDBMBNJOUIB -
4DIFFMF OFOLSBVU
(BSUFO2VFOEFM
"BMLSBVU
,MMF
1GFG
4 GFSLSBVU
+BNBJDBOTBWPSZ*UBMJBOQPEWFSFMMB
TBO
$BMBNJOUIBNFOUIJGPMJB)PTU UPSFHHJBEPNFTUJDB
TBUVSFJB
TBWPSFHHJB+BQBOFTF
LJEBDIJ IBLLB 1PSUVHVFTF TFHVSFMIB
BMGBWBDB
EP DBNQP
SFNEJP EP WBRVFJSP 3VTTJBO UTDIB
4BUVSFKBDBQJUBUB- CFS
UTDIBCFSTBEPXVK
UTDIFCFS
UTDIPCS
TDIFCFS
4QBOJTI BKFESFB
BKFESFB DPNO
BKFESFB EF KBS
ZNVTDBQJUBUVT -
)PNBOOT-JOL EJO
TBCPVKBT
BCSPTP5VSLJTIDJCSFTLB
[BUFS
6TBHFTQJDF
DPOEJNFOUJONFBU
DIFFTF
BOEWFHFUB
CMFQSPEVDUFTTFOUJBMPJM
1BSUT6TFEMFBG
IFSC GSFTI
ESJFEPSGSP[FO
$IBSBMBNCPVT$IFFST$MBJS%BWJETPO -DL.FMDIJPS,BTUOFS.JLVT4DIBTFS.J
%VEUTDIFOLPFUBM&HFS)FJOF&SIBSEUFUBM'BS LVTFUBM.JMPTFUBM1PDIMKPCLJO
3BEPOJD
SFMM(IBOOBEJ(V[NBO4JFNPOTNB)BOFMU .JMPT 4DIOGFMEFS 4DIVMU[F.PUFM 4FJEFNBOO
)BZ8BUFSNBO)FFHFS)FSJTTFUFUBM)JMMFS.FM D4MBWLPWTLBFUBM
4NBMM5VGFMFUBM
[JH )POEFMNBOO )PQQF -JOECFSH FU BM 5FVTDIFS5IJFNFFUBM5VDLFS6CJMMPT6IM
.FMDIJPS,BTUOFS.JLVTFUBM1PDIMKPCLJO
6QIPG8JFSTFNB-FO8ZLFUBM;FWFOEF
1SVUIJ 3PTFOHBSUFO 3PUI,PSNBOO 4BO .BSUO 8FU
FU BM 4DIOGFMEFS 4DIVMU[F.PUFM 4FJEFNBOO
D 4FJEFNBOO4JFCFSU 4JFXFL 4NBMM 4UBF
TDIF4WPCPEBFUBM5VGFMFUBM5FVTDIFS
5IJFNFFUBM5VDLFS6CJMMPT6QIPG8JFSTF 4BUVSFKBNPOUBOB-TTQDJUSJPEPSB
NB-FO;FWFOEF8FU
$PNNPO/BNFT4MPWFOJB DJUSPO IFSC
MFNPOTDFOUFE
XJOUFS TBWPSZ (FSNBO 4MPWFOJTDIFT ;JUSPOFO
4BUVSFKBIZTTPQJGPMJB#FSUPM LSBVU
6TBHFTQJDFQSPEVDUFTTFOUJBMPJM
4BUVSFKBIPSUFOTJT- 1BSUT6TFEMFBG
IFSC
%JTUSJCVUJPO4MPWFOJBBOEPUIFS#BMLBOTUBUFT
4BUVSFKBJMMZSJDB)PTU
4BUVSFKBNPOUBOB-TTQNPOUBOB
4BUVSFKBNPOUBOB-
$PNNPO/BNFT$SPBUJBTBWPSZ(FSNBO,SPBUJTDIFT
#PIOFOLSBVU
4BUVSFKBKVMJBOB- 6TBHFTQJDFQSPEVDUFTTFOUJBMPJM
1BSUT6TFEMFBG
IFSC
.JDSPNFSJBKVMJBOB -
3FJDIFOC %JTUSJCVUJPO$SPBUJBBOEPUIFS#BMLBOTUBUFT
3BEPOJD.JMPT
4BUVSFKBNPOUBOB-
4ZOPOZNT.JDSPNFSJB NPOUBOB -
3DIC
4BUVSFKB 4BUVSFKBNPOUBOB-TTQUBVSJDB
IZTTPQJGPMJB#FSUPM
4BUVSFKBJMMZSJDB)PTU
4BUVSFKB
TVCTQJDBUB#BSUMFY7JT $PNNPO/BNFT$SJNFB NPVOUBJO TBWPSZ (FSNBO
$PNNPO/BNFTXJOUFS TBWPSZ 'SFODI TBSJFUUF EFT ,SJN #FSH
#PIOFOLSBVU
NPOUBHOFT
TBSJFUUF WJWBDF
TBSJFUUF
TBWPVSFF
6TBHFTQJDFQSPEVDUFTTFOUJBMPJM
QPJWSF EOF (FSNBO #FSHNJO[F
8JOUFS#PI 1BSUT6TFEMFBG
IFSC
OFOLSBVU
,BSTUCPIOFOLSBVU
,BSTUTBUVSFJ *UBM %JTUSJCVUJPOFOEFNJD UP $SJNFB
DVMUJWBUFE JO 5SBOT
JBO TBOUPSFHHJB NPOUBOB
FSCB QFWFSFMMB 3VT DBVDBTJB 4
TJBOUTDIBCFSUTDIJNOJK
BMQJKTLJKUTDIBCFS
HPSOJK
UTDIBCFS4QBOJTIIJTPQJMMP
TBCPSJKB #VSLJMM
)BOFMU4DIVMU[F.PUFM
6TBHFTQJDFBOEDVMJOBSZIFSCQSPEVDUFTTFOUJBMPJM
1BSUT6TFEMFBG
IFSC
%JTUSJCVUJPO&VSPQF $SJNF 8 "TJB
DVMUJWBUFE JO 4BUVSFKBPGGJDJOBSVN$SBOU[
4 BOE $ &VSPQF
BMTP JO *OEJB
4 "GSJDB BOE /
"NFSJDB 4BUVSFKBIPSUFOTJT-
,POBLDIJFW5TBOLPWB 4BUVSFKBWJNJOFB#VSN
4BUVSFKBIPSUFOTJT-
4BUVSFKBSFQBOESBIPSU
4BUVSFKBTQJDJHFSB ,,PDI
#PJTT 4"64463&"%$"MQJOF4BX8PSU
"TUFSDFBF $PNQPTJUBF
4BUVSFKBTVCTQJDBUB#BSUMFY7JT
4BVTTVSFBDPTUVT 'BMD
-JQTDI
4BUVSFKBNPOUBOB-
4ZOPOZNT4BVTTVSFBMBQQB %FDOF
$#$MBSLF
$PNNPO/BNFTDPTUVT $IJOFTF NV YJBOH (FSNBO
4BUVSFKBTQJDJHFSB ,,PDI
#PJTT (FSJQQUF"MQFOTDIBSUF
*OEJTDIF$PTUVTXVS[FM
6TBHFTQJDF
4ZOPOZNT.JDSPNFSJB BMUFSOJQJMPTB , ,PDI
.JDSP 1BSUT6TFESPPU
NFSJBTQJDJHFSB,,PDI
4BUVSFKBSFQBOEBIPSU %JTUSJCVUJPO/*OEJB
,BTINJS
BSPVOE)JNBMBZBT
$PNNPO/BNFTDSFFQJOH TBWPSZ (FSNBO ISFO
USBHFOEFT #PIOFOLSBVU
ISFOUSBHFOEFS 4BMCFJ
$IBSBMBNCPVT %BWJETPO &SIBSEU FU BM )FQQFS
)JMMFS.FM[JH4DIVMU[F.PUFM5VSPSBFUBM
,SJFDIFOEFT8JOUFSCPIOFOLSBVU3VTTJBOUTDIB
6QIPG;FWFOEF8FU
CFSLPMPTPOPTOZK
6TBHFTQJDF
1BSUT6TFEMFBG
IFSC
%JTUSJCVUJPO/&"OBUPMJB
8$BVDBTVTUP/8*SBO 4BVTTVSFBMBQQB %FDOF
$#$MBSLF
#SFNOFTT &SIBSEU FU BM )BOFMU 4DIVMU[F.PUFM 4BVTTVSFBDPTUVT 'BMD
-JQTDI
4NBMM5IJFNFFUBM
4 4DBOEJYDFSFGPMJVN-
4BUVSFKBTVCTQJDBUB#BSUMFY7JT
"OUISJTDVTDFSFGPMJVN -
(')PN
4BUVSFKBNPOUBOB-
4DBOEJYPEPSBUB-
4BUVSFKBUIZNCSB-
.ZSSIJTPEPSBUB -
4DPQ
$PNNPO/BNFT$SFUBOTBWPSZ
UISZCB"SBCJD[BBUBS
GSBOKJ
[BBUBSSVNJ(FSNBO1FSTJTDIFT#PIOFO
LSBVU
,SFUJTDIFSZNJBO
6TBHFTQJDF
1BSUT6TFEMFBG
4$)*/64-1FQQFSUSFF"OBDBSEJBDFBF
4$)&''-"3*"+3'PSTUFU(
'PSTUG6NCSFMMB"SBMJBDFBF
4DIFGGMBSJBBSPNBUJDB .JR
)BSNT
4ZOPOZNT)FQUBQMFVSVNBSPNBUJDVN4FFN
$PNNPO/BNFTMJOHLFSTBQ (FSNBO "SPNBUJTDIF
4DIFBSJF
%V4DIFBSJF
"SPNBUJTDIF
4USBIMFOBSBMJF +BWBOFTF EKBOHKPSBOH
LMBOUJOH
TBIBOH
6TBHFQPUIFSC
1BSUT6TFEMFBG
%JTUSJCVUJPO*OEPOFTJB+BWB
4DIFGGMBSJBWFOVMPTB 8JHIUFU"SO
)BSNT
4ZOPOZNT)FQUBQMFVSVNWFOVMPTVN4FFN
$PNNPO/BNFT(FSNBO(FEFSUF4DIFBSJF)JOEJ 4DIJOVTNPMMF
GSVJUJOH
LBSCPUTFSNVM
LBUITFNVM
LVSTFNVM
6TBHFQPUIFSC
1BSUT6TFEIFSC
%JTUSJCVUJPO*OEJB (FSNBO .PMMFGSVDIU
.PMMFTBBU
1FSVBOJTDIFS
1GFFS
3PTB 1GFFS
4DIJOVTQGFFS*UBMJBO GBMTF
#VSLJMM&SIBSEUFUBM8FBMUIPG*OEJB
QFQFS1FSVWJBONVMMJ
VDIV1PSUVHVFTFBSPFJSB
BSPFJSJOIB
BSPFJSBNBOTB3VTTJBOTDIJOVT4QBO
JTIBHVBSJCBJ
NPMMF
QJNJFOUFSPGBMTP
QJSVM
4$)*/64-1FQQFSUSFF 6TBHFTQJDF
"OBDBSEJBDFBF 1BSUT6TFEGSVJU
%JTUSJCVUJPOUSPQJDBM4BOE$"NFSJDB
FTQFDJBMMZ#SB
[JM
OBUJWFJO.FEJUFSSBOFBOSFHJPOTBOEUSPQJDBM
4DIJOVTBSFJSB- DPVOUSJFT
FH4"GSJDB
DVMUJWBUFEJO8"GSJDB
/PUF$PMPSGVMQFQQFS DPMPSFEQFQQFS
'SFODIEFDP 4
4DIJOVTNPMMF-WBSBSFJSB -
%$ MFVSTQPJWSF
(FSNBO#VOUFS1GFFS
BSFBNJYJOH
PGCMBDL
XIJUFBOEQJOLQFQQFS
4DIJOVTNPMMF- #SUFMT #FSOBSE8SPMTUBE #FSOIBSE FU BM #PJT
$IBSBMBNCPVT $IFFST $IJBMWJ %BWJETPO
&SIBSEUFUBM)BOFMU)JMMFS.FM[JH,SBNFS
4ZOPOZNT4DIJOVTBSFJSB-WBSBSFJSB -
%$ -PSFO[J.FMDIJPS,BTUOFS.PSTFUBM/PS
$PNNPO/BNFTt$BMJGPSOJBOi QFQQFS
1FSVWJBO QFQ NBO1JFSJCBUUFTUJFUBM1P[[P#BMCJFUBM3UTDI
QFS
1FSVWJBONBTUJDUSFF
QJOLQFQQFSDPSO#SB 4DISEFS4DISVULB3FDIUFOTUBNNFUBM4DIVMU[F
[JM 1PSUVHVFTF
SCPM EF MB QJNFOUB
BSPFJSB
.PUFM 4FJEFNBOO D 4FJEFNBOO4JFCFSU 4JFXFL
4NBMM4UBFTDIF5VGFMFUBM5FVTDIFS
BSPFJSBQFSJRVJUB
BSPFJSBTBMTP
DPSOFJUB
QJNFOU
6QIPG6TIFS7JMMBNBSFUBM8JFSTFNB-FO
FJSP 'SFODI NPMF EF KBSEJOT
NPMM
QPJWSJFS ;FWFOEF8FU
E"NSJRVF
QPJWSJFS EV 1SPV
GBVYQPJWSJFS
4$)*4"/%3".JDIY4DIJTBOESB4DIJTBOESBDFBF
4DIJOVTUFSFCJOUIJGPMJVT3BEEJ FS
)BNNFS FU BM )JMMFS.FM[JH ,FE[JB
,VNQ/*$1#14DIVMU[F.PUFM4MBOJOBFUBM
5VSPSBFUBM8JFSTFNB-FO
$PNNPO/BNFT#SB[JMJBO QFQQFS
$ISJTUNBT CFSSZ
'MPSJEBZIPMMZ
QJOLCFSSZ
QJOLQFQQFS
SFEQFQ
QFS 'SFODI FODFOT
CBJFT SPTFT EF #PVSCPO
4DIPFOPQSBTVNMPOHJGPMJVN,VOUI
QPJWSJFS SPTF
TPSCJFS
GBVY QPJWSJFS (FSNBO
#SBTJMJBOJTDIFS1GFFS
3PTBQGFFS
5VSCJUPCBVN "MMJVNLVOUIJJ(%PO
1PSUVHVFTF BSPFJSB EP CSFKP
BSPFJSB EP DBNQP
BSPSFJSBEPTFSUBP
BSPSFJSBNBOTB
BSPSFJSBOFHSB
BSPFJSBQSFDPDF
UFSCJOUP4QBOJTIDPQBM
QJNJFOUB 4DMBSFBBFUIJPQJT -
.JMM
EF#SB[JM
6TBHFTPNFUJNFTFRVJWBMFOUUPCMBDLQFQQFS 4BMWJBBFUIJPQJT-
1BSUT6TFEGSVJU
%JTUSJCVUJPOUSPQJDBM$BOE4"NFSJDB
OBUJWFJO.FEJ
UFSSBOFBOSFHJPOTBOEUSPQJDBMDPVOUSJFT 4DMBSFBWVMHBSJT.JMM
/PUF FGSVJUTIBWFBTLJOTUJNVMBUJOHFFDU XBUDI
PVU
4BMWJBTDMBSFB-
8PPE.PSSJT.BDLMFZ.PSTFUBM4DISVULB3FDI
UFOTUBNNFUBM4DIXFOLFS4LPQQ4FJEFNBOOD
4LPQQ4DIXFOLFS4LPQQFUBM4UBIM4UBIMFUBM 4DPSPEPQIMPFVT[FOLFSJ)BSNT
5VGFMFUBM5FVTDIFS6QIPG6TIFS
8JFSTFNB-FO
$PNNPO/BNFT$BNFSPPO CPCPNCJ
FTTPVO
PMJN
ZPNJ;BJSFCPEKJ
NPOBKFNCF
6TBHFDPOEJNFOU
4$)*4"/%3".JDIY4DIJTBOESB 1BSUT6TFECBSL
4DIJTBOESBDFBF %JTUSJCVUJPOUSPQJDBM "GSJDB $BNFSPPO
$POHP
(BCVO
;BJSF
/PUF F USFF
FTQFDJBMMZ UIF CBSL
IBT B HBSMJDMJLF
4DIJTBOESBDIJOFOTJT 5VSD[
#BJMM PEPS
DIJOFOTJT 5VSD[
3VQS
4 $PNNPO/BNFT$IJOFTF NBHOPMJB WJOF
WFBWPS
GSVJU $IJOFTF XV XFJ U[V (FSNBO $IJOFTJTDIF 4$:1)0$&1)"-*6.8BSC
;JUSPOF
$IJOFTJTDIF-JNPOF
$IJOFTJTDIFT4QBMU .ZSJTUJDBDFBF
LSCDIFO+BQBOFTFDIPTFOHNJTLJ,PSFBOPNJ
KBOBNV3VTTJBOMJNPOOJLLJUBKTLJK
6TBHFDPOEJNFOUQSPEVDUFTTFOUJBMPJM CBSL
4DZQIPDFQIBMJVNNBOOJJ #FOUI
8BSC
1BSUT6TFEGSVJU
CBSL
%JTUSJCVUJPO$IJOB
& "TJB
+BQBO
3VTTJB "NVS SF $PNNPO/BNFT(FSNBO.BOOTDIF.VTLBUOVTT
HJPO
4BLIBMJO
/,PSFB
+BQBO 6TBHFTQJDF
MJLFOVUNFH MPDBMMZ
4DZQIPDFQIBMJVNPDIPDPB8BSC 4FEVNBMCVN-
/FVXJOHFS6QIPG8BSCVSH &SIBSEUFUBM'MFJTDIIBVFS4DIOFMMF
4&$63*/&("$PNNFY+VTT 4FEVN"MQTUSF7JMM
&VQIPSCJBDFBF
$PNNPO/BNFTBMQJOF TUPOFDSPQ (FSNBO "MQFO
'FUUIFOOF
4FDVSJOFHBMFVDPQZSVT 8JMME
.VFMM"SH 6TBHFQPUIFSC
1BSUT6TFEGSFTIIFSC
4ZOPOZNT'MVFHHFBMFVDPQZSVT8JMME %JTUSJCVUJPO&VSPQF
5VSLFZ
$PNNPO/BNFT)JOEJBJOUB
CJMDIVMJ
IBSUIP
TIJOXJ
UFMMBQVMVHVEV
WFMMBJQQVBOKJ
WPSFQVWBO &SIBSEUFUBM'MFJTDIIBVFS.BDIBUTDIFL4DIO
GFMEFS
6TBHFQPUIFSC JO*OEJB
1BSUT6TFEMFBG
%JTUSJCVUJPO/8*OEJB
4FEVNBOOVVN-
"SPSB1BOEFZ)BOFMU4DIVMU[F.PUFM8FBMUIPG
*OEJB
$PNNPO/BNFTBOOVBM TUPOFDSPQ (FSNBO &JOKI
SJHF'FUUIFOOF
6TBHFQPUIFSC
4&%6.-4UPOFDSPQ 1BSUT6TFEGSFTIIFSC
$SBTTVMBDFBF %JTUSJCVUJPO&VSPQF
5VSLFZ
$BVDBTVT
*SBO
(SFFO
MBOE
4FEVNBDSF- &SIBSEUFUBM'MFJTDIIBVFS.BDIBUTDIFL
4ZOPOZNT4FEVNVLSBJOBFIPSU
$PNNPO/BNFTHPMENPTT TUPOFDSPQ
NPTTZ TUPOF 4FEVNBUSBUVN- 4
DSPQ
XBMMQFQQFS'SFODIPSQJODSF
QBJOEPJTFBV
QPJWSFEFTNVSBJMMFT(FSNBO 'FUUIFOOF
4DIBS $PNNPO/BNFTCMBDLJTITUPOFDSPQ
UBXOZTUPOFDSPQ
GFS.BVFSQGFFS
4UFJOQGFFS
7PHFMCSPU3VTTJBO (FSNBO4DIXS[MJDIF'FUUIFOOF
PUTDIJUPLFELJK 6TBHFQPUIFSC
6TBHFQPUIFSC 1BSUT6TFEGSFTIIFSC
1BSUT6TFEGSFTIIFSC %JTUSJCVUJPO&VSPQF
%JTUSJCVUJPO&VSPQFUP84JCFSJB
OBUJWFJO/"NFS
JDB &SIBSEUFUBM'MFJTDIIBVFS.BDIBUTDIFL
#FSHFS
&SIBSEUFUBM)JMMFS.FM[JH)PQQF
4DIOGFMEFS8JFSTFNB-FO
4&%6.-4UPOFDSPQ$SBTTVMBDFBF
4FEVNDFQBFB- 6TBHFQPUIFSCUPBWPSTPVQTBOETBMBET
1BSUT6TFEGSFTIIFSC
$PNNPO/BNFTQBOJDMF TUPOFDSPQ (FSNBO 3JTQFO %JTUSJCVUJPO/
$&VSPQF
$BVDBTVT
OBUJWFFMTFXIFSF
'FUUIFOOF
6TBHFQPUIFSC "JDIFMF4DIXFHMFS
#FSHFS
%VEUTDIFOLP FU BM
&SIBSEUFUBM'MFJTDIIBVFS)BOFMU)FFHFS
1BSUT6TFEGSFTIIFSC
,SCFS(SPIOF -PDI 4DIOFMMF 4DIO
%JTUSJCVUJPO&VSPQF
5VSLFZ
4ZSJB
"MHFSJB
5VOJTJB
GFMEFS4DIVMU[F.PUFM4UFQIFOTPO4UPCBSU
-JCZB
OBUJWFJOUIF/FUIFSMBOET
(FSNBOZ 8JFSTFNB-FO;FWFOEF8FU
&SIBSEUFUBM'MFJTDIIBVFS.BDIBUTDIFL
4FEVNSVCFOT-
4FEVNEBTZQIZMMVN- $PNNPO/BNFTSFEEJTITUPOFDSPQ(FSNBO3UMJDIF
'FUUIFOOF
$PNNPO/BNFTUIJDLMFBWFETUPOFDSPQ'SFODIPSQJO 6TBHFQPUIFSC
GFVJMMFT HMBOEVMFVTFT (FSNBO %JDLCMUUSJHF 1BSUT6TFEGSFTIIFSC
'FUUIFOOF %JTUSJCVUJPO&VSPQF
$SJNFB
$BOBSZ*TMBOET
5VSLFZ
6TBHFQPUIFSC -FWBOUF
/*SBO
/8"GSJDB
-JCZB
1BSUT6TFEGSFTIIFSC
%JTUSJCVUJPO&VSPQF
3PNBOJB
5VSLFZ
/8 "GSJDB &SIBSEUFUBM'MFJTDIIBVFS.BDIBUTDIFL
OBUJWFJO%FONBSL
&SIBSEUFUBM'MFJTDIIBVFS.BDIBUTDIFL 4FEVNSVQFTUSF-
4FEVNSFFYVN-
4FEVNIJTQBOJDVN-
4FEVNSFGMFYVN-
4ZOPOZNT4FEVNSVQFTUSF- 4FEVNTQVSJVN.#JFC
$PNNPO/BNFT+FOOZ TUPOFDSPQ
SPDL TUPOFDSPQ
SFFYFE TUPOFUSPQ
XBMM QFQQFS
XIJUF TUPOF $PNNPO/BNFTUXPSPXTUPOFDSPQ'SFODIPSQJOC
DSPQ'SFODIPSQJO
PSQJOKBVOF
PSQJOSDIJF
UBSE(FSNBO,BVLBTVT'FUUIFOOF
USJQQFNBEBNF
USJRVFNBEBNF(FSNBO'FMTFO 6TBHFQPUIFSC
'FUUIFOOF
'FMTFO.BVFSQGFFS
5SJQNBEBN 1BSUT6TFEGSFTIIFSC
*UBMJBO FSCB HSBTTB
FSCB QJHOPMB
TPQSBWJWPMP %JTUSJCVUJPO$BVDBTVT
5VSLFZ
/ *SBO
OBUJWF JO &V
EFJ NVSJ 3VTTJBO TBKFUTDIKB LBOJTUB
PUTDIJUPL
SPQF
PUTDIJUPLPUPHOVUZJ 4QBOJTIGBCBDSBTBSFFKBEB
TJFNQSFWJWBQJDBOUF
4&4".6.-4FTBNF1FEBMJBDFBF
&SIBSEUFUBM'MFJTDIIBVFS.BDIBUTDIFL4DIOFMMF 4FMJOVNNPOOJFSJ-
$OJEJVNNPOOJFSJ -
$VTTFY+VTT
4FEVNUFMFQIJVN-
4&//".JMM4FOOB
$PNNPO/BNFT(FSNBO #FSH'FUUIFOOF
1VSQVS $BFTBMQJOJBDFBF -FHVNJOPTBF
'FUUIFOOF
6TBHFQPUIFSC
1BSUT6TFEGSFTIIFSC 4FOOBPCUVTJGPMJB -
*SXJOFU#BSNCZ
%JTUSJCVUJPO&VSPQF
5VSLFZOBUJWFJO/"NFSJDB
4ZOPOZNT$BTTJBPCUVTJGPMJB-
4FOOBUPSPJEFT3PYC
&SIBSEU FU BM 'MFJTDIIBVFS -PDI .BDIBUTDIFL $PNNPO/BNFTGPFUJEDBTTJB
TJDLMFQPE'SFODIDBTTF
4DIOFMMF4DIOGFMEFS
QVBOUF
DBTTJB GUJEF (FSNBO 4UVNQMUUSJHF
4FOOB*OEJBDIBLVOPUB+BWBOFTFLFUFQFOH
6TBHFQPUIFSC
4FEVNWJMMPTVN- 1BSUT6TFEMFBG
%JTUSJCVUJPO8"GSJDB(IBOB
-JCFSJB
/JHFS
/JHFSJB
$PNNPO/BNFT(FSNBO#FIBBSUF'FUUIFOOF
4VNQG 4FOFHBM.BVSJUBOJB$IJOBDVMUJWBUFE
'FUUIFOOF /PUF 'FSNFOUFEMFBGJTBEEFEUPGPPEBTBDPOEJNFOU
6TBHFQPUIFSC
1BSUT6TFEGSFTIIFSC #VSLJMM
)BHFS
)BOFMU*SWJOF
%JTUSJCVUJPO&VSPQF
"SUFNJTJBCBMDIBOPSVN,SBTDI
4FEVNVLSBJOBFIPSU
4FEVNBDSF- 4FSUVMBBMCB0,VOU[F
.FMJMPUVTBMCVT.FEJL
4FMJOVNQBMVTUSF-
1FVDFEBOVNQBMVTUSF -
.PFODI 4FSUVMBBSWFOTJT0,VOU[F
.FMJMPUVTPDJOBMJT-BN 4
4FMJOVNTZMWFTUSF-
1FVDFEBOVNQBMVTUSF -
.PFODI 4&4".6.-4FTBNF
1FEBMJBDFBF
4FMJOVNQBTUJOBDB$SBOU[
4FTBNVNBMBUVN5IPOO
1BTUJOBDBTBUJWB-
4ZOPOZNT4FTBNVNDBQFOTF#VSNG
$PNNPO/BNFT(FSNBO(FHFMUFS4FTBN/JHFSJBO
CBSFXB
SJEJO
4VEBOUBDPVUUB
6TBHFQPUIFSC
4&4".6.-4FTBNF1FEBMJBDFBF
1BSUT6TFEESZQMBOU
%JTUSJCVUJPO8 4VEBO
&UIJPQJB
& "GSJDB
TPVUIFSO
"GSJDB
4FTBNVNCSBTJMJFOTF7FMM
4FTBNVNJOEJDVN-
4FTBNVNDBSQFOTF#VSNG
4FTBNVNBMBUVNPOO
4FTBNVNJOEJDVN-
"SPSB1BOEFZ #BILBMJ FU BM #FOEFM #PJT 4FTBNVNPSJFOUBMF-
#VSLJMM
$IBSBMBNCPVT$IFFST$SB[F%B
WJETPO &M5JOBZ FU BM &SIBSEU FU BM %VLF FU BM
4FTBNVNJOEJDVN-
'BSSFMM)BOFMU)FQQFS)JMMFS.FM[JH
KPNBI FU BM +PIOTPO FU BM ,PUUFHPEB -FVOH
-JOLF -ZPO .PSSJT.BDLMFZ /BLBVNBSB
FUBM/BZBS.FISB/PSNBO3PTFOHBSUFO 4FTCBOHSBOEJGMPSB1PJS
4DIFODL/BVOEPSG 4DIJFCFSMF 4DIVMU[F.PUFM
4FJEFNBOOD4IBSNB4PMJNBOFUBM5VGFMFUBM
4FTCBOJBHSBOEJPSB -
1FST
4*-&/&-$BNQJPO
$BUDIGMZ$BSZPQIZMMBDFBF
4&4#"/*"4DPQ 4*-"6..JMM1FQQFS4BYJGSBHF
'BCBDFBF -FHVNJOPTBF
"QJBDFBF 6NCFMMJGFSBF
4FTCBOJBDPDDJOFSB1FST 4JMBVNTJMBVT -
4DIJO[FU5IFMM
4FTCBOJBHSBOEJPSB -
1FST $PNNPO/BNFTQFQQFS TBYJGSBHF 'SFODI DVNJO ET
QSFT
TJMBT(FSNBO8JFTFOTJMHF
6TBHFQPUIFSC
4FTCBOJBHSBOEJGMPSB -
1FST 1BSUT6TFEGSFTIMFBG
%JTUSJCVUJPO&VSPQF
84JCFSJB
4ZOPOZNT3PCJOJB HSBOEJPSB -
4FTCBO HSBOEJPSB
1PJS
4FTCBOJBDPDDJOFB1FST &SIBSEUFUBM'MFJTDIIBVFS4DIOFMMF
4FTFMJBNPNVN4DPQ 1BSUT6TFEMFBG
%JTUSJCVUJPO4&VSPQF
5VSLFZ
/8"GSJDB
4JTPOBNPNVN-
)BOFMU6QIPG
4FTFMJNBDSPQIZMMVN3FHFMFU4DINBMI
4JMFSNPOUBOVN$SBOU[
.FEJBTJBNBDSPQIZMMB 3FHFMFU4DINBMI
1JNFOPW
-BTFSQJUJVNTJMFB-
4*-:#6.7BJMMFY"EBOT.JML5IJTUMF"TUFSBDFBF $PNQPTJUBF
4JMFSUSJMPCJVN -
$SBOU[ 4*."306#""VCM
4JNBSPVCBDFBF
-BTFSQJUJVNUSJMPCJVN -
#PSLI
4JNBSPVCBBNBSB"VCM
4*-:#6.7BJMMFY"EBOT.JML
5IJTUMF"TUFSBDFBF $PNQPTJUBF
4ZOPOZNT4JNBSPVCB HMBVDB )FNTMFZ
4JNBSPVCB PG
DJOBMJT%$
$PNNPO/BNFT+BNBJDB CBSL
TJNBSVCB
#SB[JM
4JMZCVNNBSJBOVN -
(BFSUO 1PSUVHVFTF
NBSVQ
NBSVQBT
NBSVQBCB
QBSBCB
QFEFQFSEJ[
TJNBSVCB (FSNBO #JUUFSF
4ZOPOZNT$BSEVVTNBSJBOVT- 3VISSJOEF
$PNNPO/BNFTNJML UIJTUMF
IPMF UIJTUMF
PVS MBEZT 6TBHFTQJDF SBSFMZ
GPSCJUUFSMJRVFVSTFUD
UIJTUMF
TPVSDFPGTJMZNBSJO
4U.BSZTUIJTUMF"SB 1BSUT6TFESPPUCBSL
CJD TIPVL FMHBNBM
IPVL TJOOBSJ %VUDI NBSJ %JTUSJCVUJPOOPSUIFSO 4 "NFSJDB
"OUJMMFT DVMUJWBUFE
BEJTUFM 'SFODI DIBSEPO .BSJF
TJMZCF EF .BSJF CZ UIF ,BZPQ *OEJBOT JO #SB[JM $BBNQP $FS
(FSNBO .BSJFOEJTUFM *UBMJBO DBSEP NBSJBOP SBEP
,PSFBO PMMVLPOHHPOHLIXJ 1PSUVHVFTF DBSEP
MFJUFJSP
DBSEPEF.BSB
DBSEPTBOUP3VTTJBOPT )BOFMU)JMMFS.FM[JH-PSFO[J.PSTFUBM1P
MPOTLZFUBM6QIPG6TIFS
USPQTUSP
SBTUPSPQTDIB 4QBOJTI DBSEP MFDIFSP
DBSEPNBSJBOP
DBSEPEFMBBMBNFEB
6TBHFTQJDF
GPSIFSCTQJSJUT
QPUIFSCGPSTBMBET *O
EJB
4JNBSPVCBHMBVDB)NTMFZ
1BSUT6TFETFFE
MFBG
%JTUSJCVUJPOOBUJWFJO4&BOE48&VSPQF
/FBS&BTU/ 4JNBSPVCBBNBSB"VCM
"GSJDB
XJEFMZOBUJWFFH4#SB[JM
4JNBCBQBSBFOTJT%VDLF
1BSUT6TFECBSL
%JTUSJCVUJPO#SB[JM
6QIPG
4*/"1*4-.VTUBSE#SBTTJDBDFBF $SVDJGFSBF
4*/"1*4-.VTUBSE
#SBTTJDBDFBF $SVDJGFSBF
4JOBQJTBMCB-
4ZOPOZNT#SBTTJDBIJSUB.PFODI
$PNNPO/BNFTXIJUF NVTUBSE
ZFMMPX NVTUBSE
NVTUBSE "SBCJD LIBSEBM $IJOFTF IV DIJFI
QBJ
DIJFI%VUDINPTUFSE'SFODINPVUBSEFCMBODIF
NPVUBSEFKBVOF(FSNBO&OHMJTDIFS4FOG
(FMC
4FOG
(FXS[4FOG
8FJFS 4FOG
.PTUBSELPSO
)JOEJTVGFESBJ*UBMJBOTFOBQFCMBODB+BQBOFTF
TIJSPLBSBTIJ-BPTTNF[TFJO1JMJQJOPNVTUBTB
1PSUVHVFTFNPTUBSEBCMBODB3VTTJBOHPSUTDIJ[B
CFMBKB4MPWFOJBOCJFMBIPSDJDB4QBOJTINPTUB[B
CMBODB
6TBHFTQJDFQSPEVDUPGNVTUBSEBOEFTTFOUJBMPJM
1BSUT6TFETFFE
%JTUSJCVUJPOXJEFMZ OBUJWF
QFSIBQT JO .FEJUFSSBOFBO
SFHJPOTBOEFMTFXIFSFJO&VSBTJB
/PUF5SBEFTPSUT)PMMBOENVTUBSE
(FSNBO)PMMO
EJTDIFS4FOG 4JOBQJTBMCB-WBSCBUBWJFB+FTTFO 4JOBQJTBMCB
GMPXFSJOH
)PMMBOENVTUBSE
3VNOJTDIFS (FMC
4FOG 4J
OBQJTBMCB-WBSNFMBOPTQFSNB"MFG
4JOBQJTEJTTFDUB-BH
4JOBQJTDFSOVB5IVOC
4*40/-4UPOF1BSTMFZ
4JOBQJTKVODFB- "QJBDFBF 6NCFMMJGFSBF
#SBTTJDBKVODFB -
$[FSO
4JTPOBNPNVN-
4ZOPOZNT$JFOTLPXTLJBBFUIJPQJDB4DIXFJOG
,BFNQ
GFSJBBFUIJPQJDB 4DIXFJOG
#FOUI
4JQIPOPDIJMVT 4JTZNCSJVNBMMJBSJB4DPQ
OBUBMFOTJT 4DIMUUFU,4DIVN
8PPEFU'SBOLT
$PNNPO/BNFT"GSJDBO HJOHFS
XJME HJOHFS 'SFODI "MMJBSJBQFUJPMBUB .#JFC
$BWBSBFU(SBOEF
HJOHFNCSF"GSJDBJOF(FSNBO"GSJLBOJTDIFS*OH
XFS
8JMEFS *OHXFS *UBMJBO [FO[FSP "GSJDBOP
;VMVJTJQIFQLFUP
JOEVOHVMP 4JTZNCSJVNCBSCBSFB -
$S
4 6TBHFTQJDF
BWPSJOH
1BSUT6TFESIJ[PNF
SPPU #BSCBSFBWVMHBSJT3#S
%JTUSJCVUJPOUSPQJDBM"GSJDB4FOFHBM
/JHFSUP4"GSJDB
&"GSJDB
/PUFFSIJ[PNFTBSFTMJHIUMZHJOHFSJOUBTUF 4JTZNCSJVNOBTUVSUJVN5IVOC
4JVNBNPNVN3PUI
4JTPOBNPNVN-
4.*-"9-4BSTBQBSJMMB4NJMBDBDFBF
4JVNBSPNBUJDVN-BN 4.*-"$*/"%FTGo'BMTF4BMPNPOT
4FBM$POWBMMBSJBDFBF
4JTPOBNPNVN-
4NJMBDJOBPMFSBDFB)PPLG
4*6.-8BUFS1BSTOJQ
"QJBDFBF 6NCFMMJGFSBF
$PNNPO/BNFTGBMTF 4BMPNPOT TFBM 'SFODI QFUJU
TNJMBY (FSNBO (FNTF4DIBUUFOCMVNF
M
%VTJFHFM
4JVNDJDVUBFGPMJVN4DISBOL 6TBHFQPUIFSC
1BSUT6TFEIFSC
4ZOPOZNT4JVNTVBWF8BMUFS %JTUSJCVUJPO&)JNBMBZBT
GSPN/FQBMUP"TTBN
$PNNPO/BNFTXBUFSQBSTOJQ(FSNBO8BTTFSQFUFS
TJMJF8BTTFSTDIJFSMJOHCMUUSJHFS.FSL "SPSB1BOEFZ8FBMUIPG*OEJB
6TBHFBWPSJOH
1BSUT6TFESPPU
MFBG SFMJTI
4NJMBYBSJTUPMPDIJJGPMJB.JMM
4JVNKBWBOJDVN-FU4JVNMBDJOJBUVN#M
4ZOPOZNT4NJMBYNFEJDB4DIMFDIUFU$IBN
0FOBOUIFSBKBWBOJDB #M
%$ $PNNPO/BNFT(SBZTBSTBQBSJMMB
.FYJDBOTBSTBQBSJM
MB
7FSBDSV[TBSTBQBSJMMB'SFODITBMTFQBSFJMMF
TF
SPOQJOFVY(FSNBO.FYJLBOJTDIF4BSTBQBSJMMF
4JVNTVBWF8BMUFS 0TUFSMV[FJCMUUSJHF4UFDIXJOEF*UBMJBOTBMTBQBSJ
HMJBTNJMBDF3VTTJBOTBSTBQBSJM4QBOJTINKJDB
4JVNDJDVUBFGPMJVN4DISBOL [BS[BQBSJMMB
6TBHFTQJDF
BWPSJOH CBSL
"SPSB1BEOFZ
4.:3/*6.-"MFYBOEFST"QJBDFBF 6NCFMMJGFSBF
4.:3/*6.-"MFYBOEFST 40-"/6.-/JHIUTIBEF
"QJBDFBF 6NCFMMJGFSBF
4PMBOBDFBF
4NZSOJVNPMVTBUSVN- 4PMBOVNBFUIJPQJDVN-
4PMBOVNBOHVJWJ-BN
&SIBSEUFUBM4NBMM
4PMBOVNBOPNBMVN5IPOO
4PKBIJTQJEB .PFODI
.BYJN 4ZOPOZNT4PMBOVN NBOOJ 8SJHIU WBS DPNQBDUVN
8SJHIU
(MZDJOFNBY -
.FSS $PNNPO/BNFTDIJMESFOT UPNBUP (FSNBO ,JOEFS
5PNBUF
6OHFXIOMJDIFS/BDIUTDIBUUFO
6TBHFDPOEJNFOU GPS TBVDFT BOE TPVQT
BWPSJOH
BEEFEUPTUFXT
1BSUT6TFEIFSC
GSVJU
%JTUSJCVUJPOUSPQJDBM"GSJDB
BMTPDVMUJWBUFE
40-"/6.-/JHIUTIBEF4PMBOBDFBF
4PMBOVNBOUISPQIBHPSVN4FFN &SIBSEU FU BM )BOFMU )VO[JLFS 4DIVMU[F.PUFM
8FBMUIPG*OEJB
8JFSTFNB-FO
4ZOPOZNT4PMBOVNVQPSP%VOBM
$PNNPO/BNFT$BOOJCBMT UPNBUP 'JKJ CPSP EJOB
(FSNBO ,BOOJCBMFO5PNBUF
.FOTDIFOGSFTTFS 4PMBOVNHJMP3BEEJ
5PNBUF
6TBHFTQJDF TQPSBEJDBMMZ
4PMBOVNBFUIJPQJDVN-
1BSUT6TFEGSVJU
%JTUSJCVUJPO1BDJD*TMBOET'JKJ
4PMBOVNMZDPQFSTJDVN-
)BOFMU)VO[JLFS4DIFODL/BVOEPSG
-ZDPQFSTJDPOFTDVMFOUVN.JMM
4PMBOVNEBTZQIZMMVN4DIVNFU5IPOO
4PMBOVNNBDSPDBSQPO-
$PNNPO/BNFTSBX OJHIUTIBEF (FSNBO 3BVIFS
/BDIUTDIBUUFO $PNNPO/BNFT"GSJDBO FHHQMBOU
OBUJWF FHHQMBOU
6TBHFBWPSJOH
BEEFEUPTUFXT HCPNB FHH QMBOU "SBCJD CB[FOHBO BGSJDZ $IJ
1BSUT6TFEGSVJU OFTF GFJ [IPV RJF %VUDI "GSJLBBOTF BVCFSHJOF
%JTUSJCVUJPO8"GSJDBUP&UIJPQJBBOEUP4"GSJDB 'SFODIBVCFSHJOFJOEJHOF
GBVTTFUPNBUF
HCPNB
HSPTTF BOHJWF (FSNBO "GSJLBOJTDIF "VCFSHJOF
&SIBSEUFUBM)BOFMU)VO[JLFS (SPGSDIUJHF "VCFSHJOF *OEPOFTJBO UFSPOH
*UBMJBONFMBO[BOBBGSJDBOB1PSUVHVFTFCFSJOHFMB
BGSJDBOB4QBOJTICFSFOKFOBBGSJDBOB
4PMBOVNEJTUJDIJVN4DIVNFU5IPOO 6TBHFQPUIFSC
1BSUT6TFEGSFTI CJUUFS
IFSC
$PNNPO/BNFT(FSNBO(FGMMUFS/BDIUTDIBUUFO %JTUSJCVUJPO& "GSJDB
.BEBHBTDBS
.BVSJUJVT
DVMUJ
6TBHFBWPSJOH CJUUFSUBTUF
BEEFEUPTUFXTBOEGPS WBUFEJO"GSJDB
TPVQT
TBVDFT
1BSUT6TFEGSVJU #VSLJMM#VSLJMM&SIBSEUFUBM)BOFMU)VO
%JTUSJCVUJPO8"GSJDB(IBOB
/JHFSJBBOE6HBOEB
[JLFS 4DIVMU[F.PUFM 4O 4FJEFNBOO 8J
FSTFNB-FO;FWFOEF8FU
4
)BOFMU4DIVMU[F.PUFM
4PMBOVNNBOOJ8SJHIUWBSDPNQBDUVN
4PMBOVNFSJBOUIVN%%PO 8SJHIU
1BSUT6TFEQMBOU
%JTUSJCVUJPO*OEJB
/7JFUOBN
-BPT
)VO[JLFS6QIPG
4PMBOVNTVSBUUFOTF#VSNG
4PMBOVNWJSHJBOVN-
4PMBOVNVQPSP%VOBM
4PMBOVNBOUISPQPQIBHPSVN4FFN
4PMBOVNYBOUIPDBSQVN4DISBE
4PMBOVNWJSHJOJBOVN-
4PMBOVNNBDSPDBSQPO
GSVJUJOH
4PMBOVNWJSHJOJBOVN-
4ZOPOZNT4PMBOVNTVSBUUFOTF#VSNG
4PMBOVNYBO
4PMBOVNOJHSVN- UIPDBSQVN4DISBE
$PNNPO/BNFTZFMMPXCFSSJFEOJHIUTIBEF(FSNBO
$PNNPO/BNFTCMBDL OJHIUTIBEF
DPNNPO OJHIU (FMCFS/BDIUTDIBUUFO
7JSHJBOJTDIFS/BDIUTDIBU
TIBEF
HBSEFOOJHIUTIBEF
OJHIUNPSFMMB$IJOFTF UFO)JOEJDIPUJLBUFSJ
CIBUBLUBJZB4BOTLSJULBO
MPOHLVJ
UJFODIJFIU[V
UJFOQBPUTBP'SFODINP UBLBSJ
EVITQBS{TLB
LTVESB
SFMMF OPJSF (FSNBO 4DIXBS[FS /BDIUTDIBUUFO 6TBHFTQJDFGPS*OEJBODVSSJFT
)JOEJ NBLPZ *OEPOFTJBO MFVODB
SBOUJ *UBMJBO 1BSUT6TFEGSVJU
TPMBOPOFSP+BQBOFTFJOVI[VLJ
VXHVXLU %JTUSJCVUJPO"TJB*OEJBO
*OEPDIJOB
.BMBZTJB
OBUJWF
,PSFBOLBNBKVOH1PSUVHVFTFFSWBNPVSB4BO FMTFXIFSF
4 TLSJULLBNDJ4QBOJTIIJFSCBNPSB
NPSFMMB /PUFFGSVJUIBTBCJUUFSUBTUF
6TBHFQPUIFSC
1BSUT6TFEMFBG #VSLJMM
$IBVIBO )BOFMU )FEBZBUVMMFI
)VO[JLFS,PUUFHPEB
%JTUSJCVUJPO&VSPQF
DPTNPQPMJUJDBM
$IBVIBO&SIBSEU)BOFMU)FFHFS)VO[JLFS
3UTDI4DIOGFMEFS6QIPG
4PMBOVNTQJSBMF3PYC
40-&/045&.0/5IPOO1BJOUFE 4QBSUJVNTDPQBSJVN-
/FUUMF-BNJBDFBF -BCJBUBF
$ZUJTVTTDPQBSJVT -
-JOL
4PMFOPTUFNPONPOPTUBDIZVT 1#FBVW
#SJR 41"5)*1):--6.4DIPUU1FBDF-JMZ
"SBDFBF
$PNNPO/BNFTNPOLFZT PS IBVTB QPUBUP (FSNBO
"FOLBSUPFM
&JOISJHF#VOUOFTTFM
6TBHFQPUIFSC MPDBMMZ
4QBUIJQIZMMVNDBOOJGPMJVN %SZBOE
4DIPUU
1BSUT6TFEMFBG
%JTUSJCVUJPOUSPQJDBM8BOE$"GSJDB $PNNPO/BNFTTQBUIFPXFS (FSNBO $BOOB#MBUU
GBIOF
#VSLJMM %BWJETPO )BOFMU 4DIVMU[F.PUFM 6TBHFBWPSJOHUPCBDDP
5VGFMFUBM6QIPG
1BSUT6TFEMFBG
%JTUSJCVUJPO$BSJCCFBO
USPQJDBM 4 "NFSJDB (VJOFB
7FOF[VFMB
$PMPNCJB
40//&3"5*"- /PUFFESJFEMFBWFTIBWFUIFTDFOUPGWBOJMMB
4POOFSBUJBDFBF -ZUISBDFBF
&SIBSEUFUBM6QIPG
4POOFSBUJBDBTFPMBSJT -
&OHM
41)"&3"/5)64-
$PNNPO/BNFTSFEPXFSFE 1PSOVQBO NBOHSPWF "TUFSBDFBF $PNQPTJUBF
(FSNBO,TFBSUJHF4POOFSBUJF
6TBHFBWPSJOHPGDIVUOFZBOEDVSSJFT
1BSUT6TFEZPVOHGSVJU 4QIBFSBOUIVTJOEJDVT-
%JTUSJCVUJPO"TJB.BMBZTJB
,BMJNBOUBO
#PSOFP
/PUFFTNBMMUSFFTDPNNPOJONBOHSPWFTXBNQT $PNNPO/BNFT*OEJBO HMPCF UIJTUMF *OEJB BUBLLB
FGSVJUTIBWFBDIFFTFMJLFUBTUF NBOJZFO
HPSBLINVOEJ
IBQVTB
6TBHFQPUIFSC JO*OEJB
&SIBSEUFUBM.BCCFSMZ6QIPG 1BSUT6TFEMFBG
%JTUSJCVUJPO*OEJB
*OEPDIJOB
"VTUSBMJB
41"3("/01)0364#PFIN "SPSB1BOEFZ4IBSNB8JFSTFNB-FO
"TUFSBDFBF $PNQPTJUBF
4
41*-"/5)&4+BDR
4QBSHBOPQIPSVTWBJMMBOUJJ$SBOU[ "TUFSBDFBF $PNQPTJUBF
6TBHFDPOEJNFOU
1BSUT6TFEMFBG 4QJMBOUIFTPMFSBDFB-
%JTUSJCVUJPOUSPQJDBM "GSJDB /JHFSJB
(PME $PBTU
$BNFSPPO
$POHP
5PHB
/JBN/JBN
'FSOBOEP 4ZOPOZNT"DNFMMBPMFSBDFB -
3,+BOTFO
1P
BOE8*OEJFT $PNNPO/BNFT#SB[JMJBODSFTT
QBSBDSFTT
UPPUIBDIF
QMBOU%VUDI#SB[JMWMBLCMPFN'SFODITQJMBOUIF
)BOFMU6QIPG EFTMJFVYIVNJEFT
DSFTTPOEV#STJM
DSFTTPOEV
1BSB
(FSNBO 1BSBLSFTTF
)VTBSFOLOPQG PX
410/%*"4-.PNCJO1MVN"OBDBSEJBDFBF
FST
+BQBOFTFIPLPTP.BMBZTJBOQPLPLHFUBOH $PNNPO/BNFT.BMBZTJBO IPH
.BMBZTJBO NPNCJO
1PSUVHVFTFBHSJPEP#SBTJM
BHSJPEPNBUP3VT QMVN$BNCPEJBOQVFOTJ
QIMB
NLBLQSJ(FS
TJBOLSFTTCSBTJMTLJK4QBOJTICFSSPEF1BS
DIJ NBO .BMBZJTDIF .PNCJOQBVNF *OEPOFTJBO
TBDB LBEPOHEPOH
LMPODJOH.BMBZTJBOBNSB1JMJQJOP
6TBHFTQJDF JO+BQBOFTFEJTIFT
QPUIFSC MJCT
1BSUT6TFEIFSC 6TBHFBDJEBWPSJOH
%JTUSJCVUJPO8FTU*OEJFT
#SB[JM
*OEJB
DVMUJWBUFEJO+B 1BSUT6TFEZPVOHMFBG
JOPSFTDFOTDF
GSVJU
QBO POMZUIFQMBOUDVMUJWBUFE
%JTUSJCVUJPOTDBUUFSFEJO.BMBZTJB
&+BWB
4QPOEJBTOPWPHVJOFFOTJT,PTUFSN
410/%*"4-.PNCJO1MVN (V[NBO4JFNPOTNB0ZFO%VOH
"OBDBSEJBDFBF
4QPOEJBTQJOOBUB +,PFOJHFY-G
,VS[
4QPOEJBTBDJEB#M
4ZOPOZNT.BOHJGFSB QJOOBUB + ,PFOJH FY -G
4QPO
4ZOPOZNT1PVQBSUJBEVMDJT#M EJBTBNBSB-BNCL
4QPOEJBTNBOHJGFSB8JMME
$PNNPO/BNFTBDJE NPNCJO
(FSNBO 4BVSF #BM $PNNPO/BNFTXJMENBOHP
IPHQMVN
ZFMMPXNPN
TBNQBVNF
4BVSF.PNCJOQBVNF CJO
ZFMMPX QMVN #VSNFTF HXF $BNCPEJBO
6TBHFBDJEBWPSJOH NPLBL (FSNBO (FMCF #BMTBNQBVNF
.BOHP
1BSUT6TFEZPVOHMFBG
GSVJU QBVNF
8JMEFS .BOHP )JOEJ BNBSB
BNOB
%JTUSJCVUJPO4&"TJB BNSB-BPTLPL
LVL.BMBZTJBONSBI
LFEPO
EPOH
NFNCFSBI1JMJQJOPMJCT4BOTLSJUBNSBUB
0ZFO%VOH LBBJNBLPL
6TBHFTQJDF BWPSJOH PXFS
MFBG
GSVJU NBEF JOUP
DIVUOFZ
QJDLMFT
4QPOEJBTBNBSB-BNL 1BSUT6TFEMFBG
GSVJU
4 %JTUSJCVUJPO*OEJB
)JNBMBZBT
"OEBNBO *TMBOE
4SJ
4QPOEJBTQJOOBUB +,PFOJHFY-G
,VS[ -BOLB
.ZBONBS
JOUSPEVDFE UP BOE OBUJWF JO
BJMBOE
.BMBZTJB
*OEPDIJOB
/PUF FSJQFGSVJUIBTBOPEPSMFTTBDJEUBTUF
4QPOEJBTNBOHJGFSB8JMME
"SPSB1BOEFZ #MBODLF &SIBSEU FU BM (V[NBO
4JFNPOTNB0ZFO%VOH4DIVMU[F.PUFM6QIPG
4QPOEJBTQJOOBUB +,PFOJHFY-G
,VS[
;FWFOEF8FU
4QPOEJBTNBMBZBOB,PTUFSN
4QPOEJBTXJSUHFOJJ)BTTL
4ZOPOZNT1PVQBSUJBQJOOBUB#MBODP
4QPOEJBTXJSUHF
OJJ)BTTL 4QPOEJBTNBMBZBOB,PTUFSN
45"1):-&"-#MBEEFSOVU4UBQIZMFBDFBF
4UBDIZUBSQIFUBKBNBJDFOTJT7BIM
4UBDIZTCZ[BOUJOB,,PDI
4UBDIZUBSQIFUBKBNBJDFOTJT7BIM
4ZOPOZNT4UBDIZTMBOBUB+BDR
$PNNPO/BNFTMBNCT FBST
MBNCT MVHT
MBNCT UBJMT
4ZOPOZNT4UBDIZUBSQIFUB JOEJDB -
7BIM 7BMFSJBOJ
IFEHFOFUUMF
XPMMZCFUPOZ
XPMMZTUBDIZT'SFODI PJEFTKBNBJDFOTJT -
.FEJD7FSCFOBKBNBJDFOTF
FQJBJSFMBJOFVTF(FSNBO8PMM;JFTU
A)FMFOWPO -
4UFJO $PNNPO/BNFTCBTUBSE WFSWBJO
#SB[JM UFB
EFWJMT
6TBHFBWPSJOH DPBDI XIJQ
+BNBJDB WFSWBJO
MJHIUCMVF TOBLF
1BSUT6TFEMFBG #SB[JM 1PSUVHVFTF
HFSWBP DIFJSPTB $IJOFTF KJB
%JTUSJCVUJPO"TJBNJOPS
$SJNFB
$BVDBTVT
/*SBO NB CSBN (FSNBO #BTUBSE 7FSWBJOF 1JMJQJOP
CPMPNPSPT
LBOEJLBOEJMBBO
&SIBSEUFUBM.JS[B#BIFS 6TBHFTQJDF SBSFMZ
JO+BWBPGBWPSJOHPGUIFTUFXT
1BSUT6TFEMFBG
%JTUSJCVUJPO.FYJDP
4& 64"
4 "NFSJDB
& "GSJDB
4UBDIZTGPFOJDVMVN1VSTI 1FNQFXJEFMZOBUJWFJOUIF5SPQJDTFH4SJ-BO
LB
"HBTUBDIFGPFOJDVMVN 1VSTI
,VOU[F
#BDLFSWBO EF #SJODL
#VSLJMM )BOFMU
,PUUFHPEB .PST FU BM 4DIVMU[F.PUFM 6QIPG
7JMMBNBSFUBM8FBUIPG*OEJB
8JFSTFNB-FO
4UBDIZTMBOBUB+BDR
4UBDIZTCZ[BOUJOB,,PDI
45"1):-&"-#MBEEFSOVU
4UBDIZTPGGJDJOBMJT -
5SFWJT 4UBQIZMFBDFBF
#FUPOJDBPDJOBMJT-
4UBQIZMFBQJOOBUB-
45&3$6-*"- 48&35*"-4XFSUJB
4UFSDVMJBDFBF (FOUJBOBDFBF
4UFSDVMJBMBODFBFGPMJB3PYC 4XFSUJBBOHVTUJGPMJB#VDI)BNFY8BMM
4UJMBHPCVOJVT-
"OUJEFTNBCVOJVT -
4QSFOH 4XFSUJBDIJSBUB#VDI)BNFY8BMM
4ZOPOZNT(FOUJBOBDIJSBZUB3PYC
4UPFDIBTBSBCJDB(BSTBVMU $PNNPO/BNFTDIJSBUB
DIJSFUB (FSNBO $IJSBUB
$IJSFUUBLSBVU
,JSBZBLSBVU )JOEJ DJSBZUB *OEJB
-BWBOEVMBTUPFDIBT- DIJSBUB4BOTLSJULJSBUBUJLUB
CIVOJNCBLJSBUB
6TBHFTQJDF
BWPSJOHPGCJUUFSMJRVFVSTBOEIBSECJU
UFSTQJSJUT
465&3"3PUI 1BSUT6TFEIFSC
4DSPQIVMBSJBDFBF %JTUSJCVUJPO)JNBMBZBO SFHJPOT
DVMUJWBUFE JO UIF
NPVOUBJOTPG/*OEJB )JNBMBZBT
BOE1BLJTUBO
4VUFSBBUSPQVSQVSFB #BOLT
)JFSO $IBVIBO &SIBSEU FU BM )JMMFS.FM[JH )PQQF
4DIVMU[F.PUFM4FJEFNBOOD4IBSNB6Q
IPG8JFSTFNB-FO
4ZOPOZNT-ZQFSJB DSPDFB &DLMPO
-ZQFSJB BUSPQVS
QVSFB#FOUI
$PNNPO/BNFT$BQFTBSPO(FSNBO,BQTBGSBO
6TBHFTQJDF 4XFSUJBNBOTIVSJDB ,PNBSPX
,JUBHBXB
1BSUT6TFEPXFS
4 %JTUSJCVUJPO4 "GSJDB 5SBOTWBBM
/BNJCJB
4XB[JMBOE
4XFSUJBQFSFOOJT-
-FTPUIP
$BQF
#PUTXBOB
/PUFFFOUJSFPXFSJTPOFPGUIFTPVSDFTPGBDPN
NFSDJBMTBSPO $SPDVTTBUJWVT-
4XFSUJBQFSFOOJT-
&SIBSEU FU BM )JMMBSE 4DIFODL/BVOEPSG 4FJEF 4ZOPOZNT4XFSUJBNBOTIVSJDB ,PNBSPX
,JUBHBXB
NBOO4UBFTDIF6QIPG5FVTDIFS
$PNNPO/BNFTGFMXPSU
NBSTI GFMXPSU $IJOFTF NFJ
XFO EBJ
[IBOH ZB DBJ (FSNBO #MBVFS 4VNQG
TUFSO
#MBVFS5BSBOU
6TBHFTQJDF
BWPSJOH PG CJUUFS MJRVFVST BOE CJUUFS
IBSETQJSJUT
1BSUT6TFEIFSC
%JTUSJCVUJPO)JNBMBZBT
&VSPQFDVMUJWBUFE
4:;:(*6.(BFSUO+BNCPT.ZSUBDFBF
4Z[ZHJVNBSPNBUJDVN GMPSBMCVET
'BSSFMM'FSSP(PQBMBLSJTIOBO(PQBMBLSJTIOBO 6TBHFTQJDF
)BOUJ(V[NBO4JFNPOTNB)BOFMU)JMMFS.FM[JH 1BSUT6TFEMFBG
)PINBOOFUBM)PQQF,PMMFS
-BX
%JTUSJCVUJPO*OEJB /JDPCBS *TMBOE
.ZBONBS
*OEP
SFODF-DL.BJTUSF.BSUJO.PSSJT.BDLMFZ
.PST3J[JOJ /FXBMM FU BM /PSNBO 0DITF
DIJOB
BJMBOE
.BMBZTJB
*OEPOFTJB +BWB
,BMJ
FUBM1FUFS1SVUIJ1VSTHMPWF3PTFOHBSUFO NBOUBO
4VNBUSB
3PUI,PSNBOO 4DISEFS 4DIVMU[F.PUFM /PUFFVTFJTDPNQBSBCMFUPUIBUPG-BVSVTOPCJMJT
4DIXFJIFJNFS 4FJEFNBOO D
4FJEFNBOO -MFBWFT
4JFCFSU4ISJWBFUBM4JFXFL4UBFTDIF5VGFM
FU BM 5FVTDIFS 5JECVSZ 5TDIJSDI 7BVQFM %BWJETPO (V[NBO4JFNPOTNB .FMDIJPS,BTUOFS
C7JMMBNBSFUBM8FTUQIBM+BOTFO8JFSTFNB-FO 4DIVMU[F.PUFM4FJEFNBOOD4FJEFNBOO4JFCFSU
8TUFOGFME)BFOTFM 8ZL FU BM ;FWFOEF 8FU 4UBFTDIF4USBVE5FVTDIFS
4Z[ZHJVNQPMZBOUIVN 8JHIU
8BMQ 4Z[ZHJVNUSBWBODPSJDVN(BNCMF
LMVBJEPLNBFP NBL
4
5
5
5"(&5&4-.BSJHPME
"TUFSBDFBF $PNQPTJUBF
5BHFTUBTBOJTBUB-JMMP
5BHFUFTMJGPMJB-BH
5BHFUFTFSFDUB-
1BSUT6TFEMFBG
4QSJOHFS7FSMBH#FSMJO)FJEFMCFSH
5"(&5&4-.BSJHPME"TUFSBDFBF $PNQPTJUBF
&TQJOBS'FSSBSP/FIFS4NBMM7JMMBNBSFUBM 4ZOPOZNT5BHFUFTHMBOEVMJGFSB4DISBOL
8JFSTFNB-FO8PMUFST
$PNNPO/BNFT"[UFD NBSJHPME
EXBSG NBSJHPME
TUJOLJOHSPHFS
XJMENBSJHPME
.FYJDBONBSJHPME
.VTUFS+PIO)FOSZ #SB[JM 1PSUVHVFTF
DPBSJ
5BHFUFTHMBOEVMJGFSB4DISBOL CSBWP
DSBWPEFEFGVOUPNJEP (FSNBO ,MFJOF
4UVEFOUFOCMVNF
.FYJLBOJTDIF 4UVEFOUFOCMVNF
5BHFUFTNJOVUB- 4UJOLQFUFSMF
,IBLJLSBVU3VTTJBOCBSDIBUDZNFM
LJF4QBOJTIDIJODIJMMBFOBOB
6TBHFDPOEJNFOU
BWPSJOH
5BHFUFTMVDJEB$BW 1BSUT6TFEPXFS
IFSC
%JTUSJCVUJPO$
4 "NFSJDB
#SB[JM
DVMUJWBUFE BOE OB
$PNNPO/BNFT.FYJDBONBSJHPMENJOU
.FYJDBOUBS UJWFJOUSPQJDBM4&VSPQF
*OEJB
SBHPO
TXFFUNBDF
TXFFUTDFOUFENBSJHPME(FS
NBO(FXS[UBHFUFT
(MO[FOEF4BNUCMVNF
4F "ULJOTPOFUBM#BOTBMFUBM#BTFS.BMZFS$IBSB
MBNCPVT$IBVIBO$IJTPXBFUBM$SBWFJSPFUBM
4UVEFOUFOCMVNF
i8JOUFSFTUSBHPOu
8PMLFOLSBVU
%BWJETPO&SIBSEUFUBM&TQJOBS(BSEOFSFU
.FYJDP QFSJDO
RVJF MBHB [BB
ZBVIUMJ 3VTTJBO BM(BSH.FIUB(SBWFOFUBM)BOEBFUBM
CBSTIBUKTUZK4QBOJTIBOJTJMMP
QFSJDO
QFSJJRVJMMP
,BVMFUBMW,PFOFO.BSJBFUBM.PSTFUBM
IJFSCBEF4BOUB.BSJB /FIFS3BNFUBM3BPFUBM
;B[EBOFUBM
6TBHFDPOEJNFOU
BWPSJOH 4DIVMU[F.PUFM4FJEFNBOOD4IBSNB4JOHI
FUBM
4NBMM5IBQQB8JFSTFNB-FO
1BSUT6TFEIFSC
8PMUFST:BOOJUTBSPT;FWFOEF8FU
%JTUSJCVUJPO.FYJDP
(VBUBNBMB
.FTP"NFSJDB
*O
EJBDVMUJWBUFE
"MCFSUT.VMMFS#JDIJFUBM#PJT%BWJETPO&S 5BHFUFTNVMUJGJEB-BH
IBSEUFUBM)JMMFS.FM[JH/FIFSSUI3UTDI
4DIVMU[F.PUFM4FJEFNBOOD4NBMM5IBQQB
5BHFUFTMJGPMJB-BH
FUBM5VDLFS7JMMBNBSFUBM8JFSTFNB-FO
8PMUFST
5BHFUFTQBUVMB-
5BHFUFTMVNVMBUB0SUFHB
$PNNPO/BNFT'SFODI NBSJHPME
TQSFBEJOH NBSJ
5BHFUFTQBUVMB- HPME $IJOFTF LPOH RVF DBP
YJ GBO KV 'SFODI
PFJMMUE*OEF(FSNBO"GSJLBOJTDIF3JOHFMCMVNF
"CTUFIFOEF 4UVEFOUFOCMVNF +BQBOFTF LT
5BHFUFTNBYJNB,VOU[F .FYJDP DMFNPMF
DMFNPMJUPT
JTDPRVF
QBTUPSB
QBTUPSDJUB3VTTJBOCBSDIBUDZPULMPOFOOZF4QBO
5 $PNNPO/BNFTHSFBU NBSJHPME (FSNBO (SPF 4UV JTIBNBQPMB
BNBSJMMB
DPQFUJMMP
EFOUFOCMVNF 6TBHFTQJDF
BWPSJOH
6TBHFTFBTPOJOH 1BSUT6TFEPXFS
1BSUT6TFEIFSC
PXFS %JTUSJCVUJPO.FYJDP
(VBUBNBMB
DVMUJWBUFEBOEOBUJWF
%JTUSJCVUJPO.FYJDP 4 "NFSJDB #PMJWJB
(VBUBNBMB
FMTFXIFSF8"GSJDB
(BCPO1IJMJQQJOFT
DVMUJWBUFEJO&VSPQF
/PUFF QMBOU ADFNQPBMYDIUM JT DPOUBJOFE JO "JDIFMF4DIXFOLFS
#SFNOFTT #VSLJMM
$I
BSBMBNCPVT %VEUTDIFOLP FU BM &SIBSEU FU BM
UIF IFBE PSOBNFOUBUJPO PG UIF "[UFD HPEEFTT
&TQJOBS)BHFS
)JMMFS.FM[JH,PUUFHPEB
i9PZPMBOIRVJu -FVOH/FIFS4DIVMU[F.PUFM4NBMM8JFSTF
NB-FO8PMUFST;FWFOEF8FU
&TQJOBS-PSFO[PFUBMSUI
5"."3*/%64-5BNBSJOE$BFTBMQJOJBDFBF -FHVNJOPTBF
5BHFUFTTJHOBUB#BSUM
5BHFUFTUFOVJGPMJB$BW
5BHFUFTUFOVJGPMJB$BW
4ZOPOZNT5BHFUFTTJHOBUB#BSUM
$PNNPO/BNFT"NFSJDBO TBSPO
TJHOFU NBSZHPME
TMFOEFSMFBGNBSJHPME
TUSJQFE.FYJDBONBSJHPME
MFNPO HFN
PSBOHF HFN 'SFODI UBHUF UBDIF
(FSNBO (FTUSFJF .FYJLBOJTDIF 4UVEFOUFO
CMVNF
(FXS[4UVEFOUFOCMVNF
4DINBMCMUUSJHF
4UVEFOUFOCMVNF
6TBHFTQJDF
BWPSJOH
1BSUT6TFEPXFS
MFBG
FTQFDJBMMZQPUBUPTPVQT
%JTUSJCVUJPO.FYJDP
&DVBEPS
.FTP"NFSJDB
DVMUJ
WBUFEJO&VSPQF
"JDIFMF4DIXFOLFS
&SIBSEUFUBM&TQJOBS/F
IFS 4DIVMU[F.BSJHPME 4NBMM 8JFSTFNB-FO
;FWFOEF8FU
5"."3*/%64-5BNBSJOE
$BFTBMQJOJBDFBF -FHVNJOPTBF
5BNBSJOEVTJOEJDB-
4ZOPOZNT5BNBSJOEVTPDDJEFOUBMJT(BFSUO
5BNBSJO
EVTPDJOBMJT)PPL
5BNBSJOEVTVNCSPTB4BMJTC
$PNNPO/BNFTUBNBSJOE
*OEJBO UBNBSJOE "SBCJD
IPNS
EBLIBS
UBNSF
UBNSFOJOEJ $IJOFTF MVP
XBOH [J
TVBO KJBP %VUDI BTBN LPFOJOH
UBNB
SJOEF 'SFODI UBNBSJOF
UBNBSJOJFS (FSNBO
5BNBSJOEF
*OEJTDIF %BUUFM
4BVFSEBUUFM )JOEJ
BNMJ
BOCMJ
JNMJ *OEPOFTJBO BTFN KBXB *UBMJBO
UBNBSJOEP+BQBOFTFUBNBSJOEF+BWBOFTFLFNBM
5BNBSJOEVTJOEJDBBGMPXFSJOH
CUBNBSJOEKBNXJUI 5
XJUBTFN.BMBZTJBOBTBNKBXB.FYJDPQBDIV TFFET GSPN&HZQU
-FFFUBM-FVOH-FXJT/FFMBLBOUBO-DL
1BSUT6TFEGSVJU
QVMQMFBG .BSBOHPOJFUBM.PSSJT.BDLMFZ/BHBSBKBFUBM
%JTUSJCVUJPOUSPQJDBM "GSJDB DVMUJWBUFE JO OVNFSPVT /PSNBO 1FUFS 1SVUIJ 1TDIZSFNCFM 1VST
USPQJDBMDPVOUSJFT HMPWF3BP4BHSFSP/JFWFTFUBM4DIVMU[F.PUFM
5"/"$&56.-5BOTZ"TUFSBDFBF $PNQPTJUBF
5"/"$&56.-5BOTZ
"TUFSBDFBF $PNQPTJUBF
5BOBDFUVNBVEJCFSUJJ 3FR
%$
5BOBDFUVNWVMHBSF-
5BOBDFUVNCBMTBNJUF-
4ZOPOZNT#BMTBNJUBNBKPS%FTG
$ISZTBOUIFNVNCBM
TBNJUF-
$ISZTBOUIFNVNNBKVT %FTG
"TDIFST
1ZSFUISVNNBKVT %FTG
5[WFMFW
$PNNPO/BNFTBMFDPTU
DPTUNBSZ
NJOU HFSBOJVN
TXFFU NBSZ
CJCMF MFBG $IJOFTF KV IVB 'SFODI
CBMTBNJUF
CBVNFDPR
DISZTBOUINF EFT FV
SJTUFT (FSNBO #BMTBNLSBVU
#BMTBN.BSHFSJUF
'SBVFONJO[F
,BMVGFS
.BSJFOCMBUU
.JO[BSUJHFS
3BJOGBSO
3NJTDIFS #BMTBN *UBMJBO CBMTBNJUF
DISZTBOUFNP
PTUP3VTTJBOLBMVGFS
LBOVQFS
TBSB
[JOTLBKBNJSUKB
CBMTBNJUTDIFTLBKBQKBCJOLB4QBO
5BNBSJOEVTJOEJDB
GSVJUT JTIDISZTBOUFNBCBMTBNJUB
6TBHFTQJDF
BWPSJOHGPSMJRVFVST
1BSUT6TFEIFSC
%JTUSJCVUJPO5VSLFZ
$BVDBTVT
/ *SBO
$ "TJB OBUV
4DIXFODL/BVOEPSG 4FJEFNBOO D
SBMJ[FEJO4QBJO
'SBODF
*UBMZ
&$&VSPQF
3VTTJB
4FJEFNBOO4JFCFSU 4IBOLBSBDIBSZB 4IBSNB
DVMUJWBUFEBOEOBUVSBMJ[FEFMTFXIFSF
4JFXFL 4UBFTDIF 4UPCBSU 4UPSST 4USBV
5VGFMFUBM5FVTDIFS5TDIJSDI5TVEBFUBM
#FSHFS
#PJT #SFNOFTT $IBSBMBNCPVT
6IM7FSIFJK$PSPOFM7JMMBNBSFUBM8JFSTF
$IFFST%BMCZ%BWJETPO%VEUTDIFOLPFUBM
NB-FO;FWFOEF8FU;IBOH)P
&SIBSEUFUBM(DLFSJU[)FFHFS)PQQF1P
DIMKPCLJO
4DIOGFMEFS4DIVMU[F.PUFM4F
JEFNBOOD4IBSNB4NBMM5FVTDIFS5VDLFS
5BNBSJOEVTPDDJEFOUBMJT(BFSUO 6QIPG8JFSTFNB-FO8ZLFUBM
5BNBSJOEVTJOEJDB-
5BOBDFUVNWVMHBSF-
5BSBMFBPQQPTJUJGPMJB"VCM 5BSBYBDVNWVMHBSF4DISBOL
4ZOPOZNT%JQUFSZYPQQPTJUJGPMJB "VCM
8JMME 5BSBYBDVNPDJOBMFBHH')8JHH
$PNNPO/BNFT&OHMJTI UPOLB CFBO
(FSNBO &OH
MJTDIF5POLBCPIOF
6TBHFBWPSJOH 5BTNBOOJBMBODFPMBUB 1PJS
"$4N
1BSUT6TFETFFE
%JTUSJCVUJPO#SB[JM
/
4BOE8"NFSJDB %SJNZTMBODFPMBUB 1PJS
#BJMM
/PUF"MUFSOBUJWF TVCTUJUVUF PG UIF AUSVF UPOLB CFBO
%JQUFSZYPEPSBUB<"VCM>8JMME
5&-'"*3*")PPL
4DIVMU[F.PUFM 4FJEFNBOO4JFCFSU 8JFSTFNB-FO $VDVSCJUBDFBF
5FMGBJSJBPDDJEFOUBMJT)PPLG
5"3"9"$6.8FCFY8JHH#MPXCBMMT
5
%BOEFMJPO"TUFSBDFBF $PNQPTJUBF
$PNNPO/BNFTVUFE HPVSE
VUFE QVNLJO
PZT
UFSOVUT$IJOFTFYJGFJMJ(FSNBO'BMUFOLSCJT
0SPLP
3JFMLSCJT 1PSUVHVFTF TBCJOB 4QBOJTI
5BSBYBDVNPGGJDJOBMF8JHH DBMBCB[BDPTUJMMBEB
6TBHFQPUIFSCGPPE PJMGBU
WFHFUBCMFT
#PJT &SIBSEU FU BM &TVPTP FU BM )BOFMU 5&53"1-&63"#FOUI
,BZT%JBT8JFSTFNB-FO;FWFOEF8FU 'BCBDFBF -FHVNJOPTBF
#VSLJMM )BOFMU
5&6$3*6.-(FSNBOEFS
5FQISPTJBQVSQVSFB -
1FST -BNJBDFBF -BCJBUBF
4ZOPOZNT(BMFHBQVSQVSFB -
-
$PNNPO/BNFTQVSQMF UFQISPTJB
XJME JOEJHP
QVS 5FVDSJVNDBOVN'JTDIFU.FZ
QMF IPBSZ QFB
TI QPJTPO USFF 'SFODI QPVSQSF
SFRVJOJF (FSNBO 8JMEFS *OEJHP
1VSQVSOF 5FVDSJVNDIBNBFESZT-
"TDIFOXJDLF
1VQVSOF5FQISPTJF
4VSJOBN(J
CBVN )JOEJ CBOOJMHBDI
DBSQIPOLB
EIBNBTJB
+BQBOFTF OBOCBOGVKJ 4BOTLSJU TIBSBQVOLIB 5FVDSJVNDIBNBFESZT-
3VTTJBOUFGSPTJKB5BNJMLPMJODIJ
6TBHFBWPSJOH PGNJMLJO//JHFSJB
#FBVQJO FU BM #FMMFTJB FU BM #FSHFS
$IFFST
&SIBSEUFUBM)FFHFS)JMMFS.FM[JH)PQQF
4DIOGFMEFS4DIVMU[F.PUFM4FJEFNBOOD
;FWFOEF8FU
5FVDSJVNOVDIFOTF$,PDI
5FVDSJVNDIBNBFESZT-
5FVDSJVNPEPSVN4BMJTC
5FVDSJVNNBSVN-
5FVDSJVNDIBNBFESZT-
5FVDSJVNQTFVEPDIBNBFESZT8FOES
5FVDSJVNMFVDPQIZMMVN#FOUI
5FVDSJVNDIBNBFESZT-
5FVDSJVNDIBNBFESZT-
5FVDSJVNTDPSEJPJEFT4DISFC
5FVDSJVNNBSUJOVN-BN
5FVDSJVNTDPSEJVN-
5FVDSJVNNBSVN-
5
5FVDSJVNTDPSPEJVN-
5FVDSJVNNBSVN-
4ZOPOZNT5FVDSJVNQBMVTUSF-BN5FVDSJVNTDPSEJPJ
4ZOPOZNT$IBNBFESZ NBSVN .PFODI
5FVDSJVN EFT4DISFC
NBSJUJOVN-BN
5FVDSJVNPEPSVN4BMJTC $PNNPO/BNFTXBMM HBNBOEFS
XBMM TBHF
XPPE HFS
$PNNPO/BNFTDBU UIZNF 'SFODI IFSCF NBTUJDIF
NBOEFS "SBCJD CFMMPVU FMBSE 'SFODI HFSNBO
(FSNBO "NCFSLSBVU
,BU[FOHBNBOEFS
,BU[FO ESF TDPSPEPJOF BRVBUJRVF (FSNBO #FSHTBMCFJ
LSBVU
.PTDIVTLSBVU*UBMJBOFSCBEBHBUUF
NBSP -BVDI4BMCFJ
4BMCFJHBNBOEFS
8BMEHBNBOEFS
6TBHFTQJDF 8BMETBMCFJ
8JMEFS (BNBOEFS 3VTTJBO EV
1BSUT6TFEIFSC CSPWOJLTLPSEJFWJEOZ
5)0//*/(*"7BIM#BMBOPQIPSBDFBF
5)0//*/(*"7BIM
#BMBOPQIPSBDFBF
5IPOOJOHJBEVCJB)FSNTMFZ
POOJOHJBTBOHVJOFB7BIM
5IPOOJOHJBFMFHBOT)FSNTMFZ
POOJOHJBTBOHVJOFB7BIM
5IPOOJOHJBTBOHVJOFB7BIM
"EFHPLF FU BM "ZFOTV #VSLJMM
%BMCZ
)JMMFS.FM[JH/FVXJOHFS
6TBHFQPUIFSC SBSFMZ
1BSUT6TFEGSFTIIFSC
%JTUSJCVUJPO&
$ &VSPQF
8 4JCFSJB
$ "TJB
*OEJB
,BTINJS
5IZNCSBTQJDBUB-
/PUFFGSFTIIFSCIBTBHBSMJDMJLFPEPSBOEUBTUF
ZNVTDBQJUBUVT -
)PNBOOTFU-JOL
#FSHFS
&SIBSEUFUBM'MFJTDIIBVFS)FFHFS
)JMMFS.FM[JH)PQQF+BLVQPWJDFUBM.BSDPFUBM
4DIOGFMEFS4DIVMU[F.PUFM4FWJOBUF1JOUP"O
UVOFT
5):.64-5IZNF
-BNJBDFBF -BCJBUBF
5FVDSJVNWFSPOJDBFGPMJVN4BMJTC 5IZNVTBFTUJWVT8JMML
5
5FVDSJVNDIBNBFESZT- ZNVTWVMHBSJT-
5IMBTQJCVSTBQBTUPSJT- 5IZNVTBOHVTUJGPMJVT1FST
$BQTFMMBCVSTBQBTUPSJT -
.FEJL ZNVTTFSQZMMVN-
5):.64-5IZNF-BNJBDFBF -BCJBUBF
5IZNVTDBMBNJOUIB4DPQ #SUFMT #FSHFS
#PVSUPO $BQPOF FU BM
$IBSBMBNCPVT $IFFST 'MFJTIFS'MFJTIFS (V[
$BMBNJOUIBNFOUIJGPMJB)PTU NBO4JFNPOTNB )BHFS
)BOFMU )BSD FU BM
)FEIJMJ FU BM )FSJTTFU FU BM )JMMFS.FM[JH
)PINBOO)PQQF,BOJBT-PVLJT,VTUSBL.BS
UJOJT.FMDIJPS,BTUOFS.JTLJFUBM1IJMJBOPTFUBM
5IZNVTCSPVTTPOFUJJ#PJTT 3BWJE1VUJFWTLZ3VCFSUPFUBM4FJEFNBOOD
4FOESB$VOBUB
C4NBMM5VGFMFUBM5VDLFS
$PNNPO/BNFT#SPVTTPOFU UIZNF (FSNBO #SPVT 5VNFOFUBM7BMWFSEF
TFOFUZNJBO
6TBHFTQJDF
1BSUT6TFEMFBG
IFSC 5IZNVTDFQIBMPUPT-
%JTUSJCVUJPO/"GSJDB.PSPDDBOSPDLT
ZNVTDBQJUBUVT -
)PNBOOT-JOL
%BWJETPO
5IZNVTDIBNBFESZT'SJFT
5IZNVTDBFTQJUJUJVT#SPU
ZNVTQVMFHJPJEFT-
$PNNPO/BNFT"[PSFTUIZNF
NPVOUBJOUIZNF
UJOZ
UIZNF(FSNBO"[PSFOUIZNJBO
6TBHFTQJDF
BWPSJOH 5IZNVTYDJUSJPEPSVT 1FST
4DISFC
1BSUT6TFEGSFTIMFBWFT
%JTUSJCVUJPO/8 4QBJO
1PSUVHBM
$BOBSZ *TMBOET
4ZOPOZNTZNVTQVMFHJPJEFTYZNVTWVMHBSJT-
"[PSFT $PNNPO/BNFTMFNPOUIZNF'SFODIUIZNDJUSPOO
(FSNBO;JUSPOFORVFOEFM
;JUSPOFOUIZNJBO
#SUFMT#FSHFS
#SFNOFTT%BWJETPO(V[ 6TBHFTQJDF
NBO4JFNPOTNB4NBMM5VDLFS7BMWFSEF
1BSUT6TFEGSFTIMFBWFT
GSFTIIFSC
%JTUSJCVUJPOUIFHBSEFOIZCSJEIBTCFFODVMUJWBUFEGPS
B MPOH UJNF JO &VSPQF &OHMBOE
4QBJO
"VTUSJB
5IZNVTDBQJUBUVT -
)PGGNBOOTFU-JOL (FSNBOZFUD
/PUFFOBNFMFNPOUIZNFJTBMTPBQQMJFEUPMFNPO
4ZOPOZNT$PSJEPUIZNVT DBQJUBUVT -
3DICG
4B TDFOUFEDIFNPUZQFTPGPUIFSTQFDJFTFHCBTUBSE
UVSFKB DBQJUBUB -
ZNCSB TQJDBUB -
ZNVT GSPNZNVTQVMFHJPJEFT-YWVMHBSJT-
BE
DFQIBMPUPT- EJUJPOBMMZPSBOHF
DPDPOVU
OVUNFH
MBWFOEFS
$PNNPO/BNFTDBUJS
DPOFIFBEUIZNF
$SFUFBOUIZNF
NJOUBOEPSFHBOPTDFOUFETQFDJFTBOEDVMUJWBST
4FOFHBM TBWPSZ
4QBOJTI PSFHBOP
[BUJS "SBCJD IBWFCFFOSFQPSUFEJOUIFHFOVTZNVT
[BBUBS IPNNBS
[BBUBS NJECBSJ 'SFODI UIZN
EF $BOEJF (FSNBO 4QBOJTDIFS 0SFHBOP *UBM #FSHFS
#SFNOFTT$IFFST&SIBSEUFUBM
JBOUJNPBSCVTUJOP1PSUVHVFTFUPNJMIP4QBOJTI
(V[NBO4JFNPOTNB )BOFMU )JMMFS.FM[JH ,VT
USBL.BSUJOVT .JLVT4DIBTFS 4DIVMU[F.PUFM
5
DPSJEPUIZNF
UPNJMMP 4FJEFNBOO D 4NBMM 4UBIM#JTLVQ)PMUIVJK[FO
6TBHFTQJDFFTQFDJBMMZFTTFOUJBMPJM 4QBOJTIPSFHBOP 5VGFMFUBM5FVTDIFS5VDLFS7BMWFSEF8J
PJM
SJDIJODBSWBDSPM
VTFEGPSGPPEBWPSJOH CB FSTFNB-FO8TUFOGFME)BFOTFM
LFEHPPET
NFBUT
JDFDSFBNPSDBOEZ
DPTNFUJDT
1BSUT6TFEPXFSJOHIFSC
%JTUSJCVUJPO.FEJUFSSBOFBO SFHJPO PG &VSPQF
1PSUV 5IZNVTDPMMJOVT4BMJTC
HBMUP8BOE4"OBUPMJBBOEUP48"TJB
/"GSJDB
.PSPDDPUP5VOFTJB
*TSBFM ZNVTWVMHBSJT-
"LHM,JWBO"OES"OPO#BSCFSOFUBM
5):.64-5IZNF-BNJBDFBF -BCJBUBF
5IZNVTGFEUTDIFOLPJWBSIBOEFMJJ 5IZNVTMPOHJDBVMJT3POOJHFS
3POOJOHFS
+BMBT
$PNNPO/BNFT(FSNBO-BOHTUFOHFMJHFSZNJBO
6TBHFDPOEJNFOU 6TBHFTQJDF
1BSUT6TFEIFSC 1BSUT6TFEGSFTIMFBG
%JTUSJCVUJPO5VSLFZ
"TJBNJOPS %JTUSJCVUJPO48 &VSPQF
4& &VSPQF OBUJWF JO (FS
NBOZ
#BFSFUBM
&SIBSEU'MFJTDIIBVFS
5IZNVTHMBOEVMPTVT-BH
5IZNVTNBTUJDIJOB-
ZNVTWVMHBSJT-
4ZOPOZNTZNVTUPNFOUPTVT8JMME
$PNNPO/BNFTNBTUJD UIZNF
4QBOJTI XJME
NBS
5IZNVTHSBOEJGMPSVT -
4DPQ KPSBN
4QBOJTI UIZNF (FSNBO .BTUJYUIZNJBO
4QBOJTDIFS ZNJBO 1PSUVHVFTF CFMB MV[ 4QB
$BMBNJOUIFHSBOEJPSB -
.PFODI OJTINFKPSBOBTJMWFTUSF
UPNJMMPCMBODP
6TBHFTQJDFQSPEVDUFTTFOUJBMPJM 4QBOJTIXJMENBS
KPSBNPJM
XJUIIJHIDJOFPMDPOUFOU
VTFEJOUIF
5IZNVTIFSCBCBSPOB-PJT GPPEJOEVTUSZ
1BSUT6TFEIFSC
$PNNPO/BNFTDBSBXBZ UIZNF (FSNBO ,NNFM %JTUSJCVUJPO48 &VSPQF *CFSJBO 1FOJOTVMB
JOUSP
UIZNJBO EVDFEJOUP"SHFOUJOB
6TBHFTQJDF
FTQFDJBMMZJO(SFBU#SJUBJOGPSCFFG
1BSUT6TFEMFBG #SUFMT #FSHFS
#PVSUPO $IFFST %BWJE
TPO (V[NBO4JFNPOTNB )BOFMU )JMMFS.FM[JH
%JTUSJCVUJPO$PSTJDBBOE4BSEJOJB
DVMUJWBUFEJO8&V
.DLFMC.FMDIJPS,BTUOFS3PUI,PSNBOO
SPQFBOE/"NFSJDB 4DIVMU[F.PUFM 4FJEFNBOO D 4NBMM 5VGFM FU BM
5VDLFS 6CJMMPT 7BMWFSEF 8JFSTFNB-FO
$IFFST %BWJETPO (V[NBO4JFNPOTNB )BOFMU
+VMJBOPFUBM4NBMM5FVTDIFS5VDLFS
6TBJFUBM7BMWFSEF8JFSTFNB-FO
5IZNVTNJHSJDVT,MPLPWFU%FT4IPTU
5IZNVTIZFNBMJT-BOHF 6TBHFDPOEJNFOU
1BSUT6TFEIFSC
$PNNPO/BNFTMFNPO UIZNF
XJOUFS UIZNF 'SFODI %JTUSJCVUJPO5VSLFZ
"TJBNJOPS
WFSWFJOFEFTQBHOF(FSNBO 4QBOJTDIF7FSCFOF
5 8JOUFSUIZNJBO #BFSFUBM
6TBHFTQJDFQSPEVDUFTTFOUJBMPJM UIZNFMFNPOPJM
1BSUT6TFEMFBG
%JTUSJCVUJPO4&*CFSJBO1FOJOTVMB 5IZNVTPEPSBUJTTJNVT.#JFC
"E[FU FU BM #FSHFS
#MBODB FU BM $BCP FU BM ZNVTQBMMBTJBOVT)#SBVO
+PSEOFUBM4F[7BMWFSEF
5):.64-5IZNF-BNJBDFBF -BCJBUBF
5IZNVTPFOJQPOUBOVT)#SBVOFY#PSCT 5IZNVTQSBFDPY0QJ[
&SIBSEUFUBM4NBMM
5IZNVTPSJHBOVN&)-,SBVTF
ZNVTRVJORVFDPTUBUVTFMBL
5IZNVTQBMMBTJBOVT)#SBVO
4ZOPOZNTZNVTPEPSBUJTTJNVT.#JFC 5IZNVTQVCFTDFOT#PJTTFU,PUTDIZFY$FMBL
$PNNPO/BNFT(FSNBO3VTTJTDIFS4UFQQFOZNJ
BO 4ZOPOZNTZNVT YZMPSSIJ[VT #PJTT FU ,PUTDIZ FY
6TBHFTQJDF
TQFDJBMMZGPSEFTTFSUTBVDFT #PJTT
1BSUT6TFEIFSC $PNNPO/BNFTQJMPVT UIZNF (FSNBO #FIBBSUFS
%JTUSJCVUJPOGPSNFS44PWJFU6OJPO ZNJBO
6TBHFTQJDF
BWPSJOHQSPEVDUFTTFOUJBMPJM
#SFNOFTT&SIBSEUFUBM5FVTDIFS7BMWFSEF 1BSUT6TFEMFBG
IFSC
%JTUSJCVUJPO5VSLFZ
*SBO
5IZNVTQBOOPOJDVT0QJ[ 4FGJELPOFUBM
4ZOPOZNTZNVTQS[FXBMTLJJ ,PN
/BLBJ
ZNVT
RVJORVFDPTUBUVTWBSQS[FXBMTLJJ ,PN
3POOJHFS
ZNVTTFSQZMMVN-WBSQS[FXBMTLJJ,PN 5IZNVTTFSQZMMVN-WBSQS[FXBMTLJJ,PN
$PNNPO/BNFT+BQBOFTF UIZNF
WFSJQQFE UIZNF
$IJOFTF EJ KJBP (FSNBO +BQBOJTDIFS ZNJBO ZNVTRVJORVFDPTUBUVTFMBL
+BQBOFTFJCVLJKBLT,PSFBOQBFLSJZIBOH
6TBHFTQJDF
GPSTPVQT
TI
FHHTBOENFBUEJTIFT
1BSUT6TFEIFSC 5IZNVTUFOVJGPMJVT.JMM
%JTUSJCVUJPO/&BOE$$IJOBUP,PSFB
'BS&3VTTJB
+BQBO
DVMUJWBUFEBTBTQJDFQMBOUJO+BQBOBOEBTB ZNVTWVMHBSJT-
NFEJDJOBMQMBOUJO,PSFB
'BOHFUBM(V[NBO4JFNPOTNB)BOFMU4DIVMU[F 5IZNVTUPNFOUPTVT8JMME
.PUFM4FJEFNBOOD4NBMM5FVTDIFS5VDLFS
7BMWFSEF
ZNVTNBTUJDIJOB-
5IZNVTRVJORVFDPTUBUVTFMBLWBS 5IZNVTWVMHBSJT-
QS[FXBMTLJJ ,PN
3POOJOHFS
4ZOPOZNTZNVT BFTUJWVT 8JMML
ZNVT DPMMJOVT
ZNVTRVJORVFDPTUBUVTFMBL 4BMJTC
ZNVTHMBOEVMPTVT-BH
ZNVTUFOVJGP
MJVT.JMM
$PNNPO/BNFTDPNNPO UIZNF
HBSEFO UIZNF
5IZNVTTFSQZMMVN- "SBCJD TBUBS SBNTJ
[BBUFS $IJOFTF BJ IBP
TIF
YJBOH DBPUJNKBO %VUDI UJKN 'SFODI GBSJHPVMF
4ZOPOZNTZNVTBOHVTUJGPMJVT1FST GSJHPVMF
UIZN DPNNVO
UIZN DVMUJW (FSNBO
$PNNPO/BNFTDSFFQJOH UIZNF
NPUIFSPGUIZNF
&DIUFSZNJBO
(BSUFOUIZNJBO
(FXS[UIZNJ
5 XJME UIZNF
4QBOJTI PSJHBOP "SBCJD [BIUBS
BO
,VUUFMLSBVU
3NJTDIFS 2VFOEFM
ZNJBO
[BBUBS'SFODITFSQPMFU
UIZNTBVWBHF
UIZNFTFS *UBMJBOUJNP
FSCVDDJB
UJNPNBHHJPSF
UJNPWPM
QPMFU
(FSNBO 'FMEUIZNJBO
'FMEQPMFJ ,VOFSMF
HBSF
QFQPMMJOP 1PSUVHVFTF UPNJMIP 3VTTJBO
2VFOEFM
4BOEUIZNJBO
8JMEFSZNJBO*UBMJBO UJNKBO
UJNKBO PCZLOPXFOOZK
UJNKBO EVTDIJT
UJNPTFSQJMMP3VTTJBOUTDIBCSF[
UJNKBO
UJNKBO UVKUJNKBO
UJNJBNOJL4QBOJTIUPNJMMP
UPNJMMP
QPMTVVUTDIJL
PCZLOPXOOZK
USBXBCPHPSPETLBKB DPNO
4QBOJTITSQPM 6TBHFTQJDF QSPEVDU FTTFOUJBM PJM UIZNF PJM
BOE
6TBHFTQJDFQSPEVDUFTTFOUJBMPJM UIZNPM
1BSUT6TFEMFBG
IFSC 1BSUT6TFEMFBG
IFSC
%JTUSJCVUJPO$ BOE /& &VSPQF
*DFMBOE
4JCFSJB
/8 %JTUSJCVUJPO8 .FEJUFSSBOFBO SFHJPOT .PSPDDP
&
)JNBMBZBT 4QBJO
4'SBODF
8*UBMZXJEFMZDVMUJWBUFEJO&V
50%%"-*"+VTT3VUBDFBF
SPQFBOE/"NFSJDBBMTPHSPXOJOPUIFSUFNQFS 50%%"-*"+VTT
BUFBOEUSPQJDBMBSFBT 3VUBDFBF
/PUF4QPSBEJDBMMZGBMTJDBUJPOXJUIZNVTTBUVSFJPJ
EFT$PTTFU#BMTBOB (FSNBO4BUVSFJZNJBO
JTQMBOUIBTBIBSTIPEPSBOEUBTUF 5PEEBMJBBDVMFBUB 4NJUI
1FST
5IZNVTYZMPSSIJ[VT#PJTTFU,PUTDIZFY$FMBL (VSJC'BLJN#SFOEMFS(V[NBO4JFNPOTNB)JMMFS.FM
[JH4FJEFNBOOD
ZNVTQVCFTDFOT#PJTTFU,PUTDIZFY$FMBL
5PEEBMJBOJUJEB-".
5IZNVT[ZHJT-
5PEEBMJBBTJBUJDB -
-BN
$PNNPO/BNFT4QBOJTIUIZNF
TBVDFUIZNF(FSNBO
4QBOJTDIFSZNJBO
4EGSBO[TJTDIFSZNJBO
+PDIUIZNJBO 5PMVJGFSBCBMTBNVN-
6TBHFTQJDFQSPEVDUFTTFOUJBMPJM UIZNFPJM
TPVSDF
PGUIZNPM .ZSPYZMPOCBMTBNVN -
)BSNTWBSCBMTBNVN
1BSUT6TFEIFSC 5
%JTUSJCVUJPO48&VSPQFOBUJWFUP1PSUVHBM
4QBJOBOE
4'SBODF/"GSJDB.PSPDDP 5PMVJGFSBCBMTBNVNWBS(FOVJOVN#BJMM
5PSNFOUJMMBFSFDUB-
1PUFOUJMMBFSFDUB -
3VTDIFM
5033&4*""MMFNP
'BCBDFBF -FHVNJOPTBF
5PSSFTJBDFBSFOTJT"$4NJUI
4ZOPOZNT"NCVSBOBDFBSFOTJT 'S"MFN
"$4NJUI
$PNNPO/BNFT#SB[JM 1PSUVHVFTF
BNCVSBOB
DV
NBSVEBTDBBUJOHBT
DVNBSVEFDIFJSP
6TBHFBWPSJOHQSPEVDUFTTFOUJBMPJM
D P
VNBSJO
1BSUT6TFETFFE
CBSL
%JTUSJCVUJPO#SB[JM
,VNBS.PST3J[[JOJ
5PSSFZBDBMJGPSOJB
GSVJUT
5033&:""SO/VUNFH:FX
5BYBDFBF
5PSSFZBUBYJGPMJB"SO
HBUF
5PSSFZBNZSJTUJDB)PPL 5PYJDPOESPODPSJBSJB,VOU[F
5PSSFZBDBMJGPSOJB5PSS 3IVTDPSJBSJB-
53&$6-*"%FDOFFY5SFDVM"GSJDBO#SFBEGSVJU.PSBDFBF
4DIVMU[F.PUFM4FJEFNBOOF5VGFMFUBM6QIPG 5SJGPMJVNDPSOJDVMBUB-
6TIFS8JFSTFNB-FO
5SJHPOFMMBDPSOJDVMBUB -
-
53*"/5)&."-
"J[PBDFBF 5SJGPMJVNPGGJDJOBMJT-
.FMJMPUVTPDJOBMJT-BN
5SJBOUIFNBIZEBTQJDFB&EHFX
6TBHFQPUIFSC JO*OEJB
5SJGPMJVNQFUJUQJFSSFBOVN)BZOF
1BSUT6TFEMFBG
%JTUSJCVUJPO/8*OEJB .FMJMPUVTPDJOBMJT-BN
"SPSB1BOEFZ
5SJGPMJVNWVMHBSF)BZOF
53*#6-64- .FMJMPUVTBMCVT.FEJL
;ZHPQIZMMBDFBF
53*(0/&--"-'FOVHSFFL
5SJCVMVTBMBUVT%FMJMF 'BCBDFBF -FHVNJOPTBF
5SJHPOFMMBDBFSVMFB -
4S
5 5SJGPMJVNBMUJTTJNVN-PJT
4ZOPOZNT.FMJMPUVT DBFSVMFVT %FTS
5SJGPMJVN DBFSV
.FMJMPUVTBMUJTTJNVTVJMM MFVN .PFODI
5SJHPOFMMB NFMJMPUVT DPFSVMFB -
"TDIFSTFU(SBFCO
$PNNPO/BNFTTXFFU USJGPJM 'SFODI CBVNJFS
NMJ
5SJGPMJVNDPFSVMFVN.PFODI MPUCMFVUSFCMBV
USFNVTRVF
USFPEPSBOU
(FSNBO#BMTBNLMFF
#JTBNLMFF
#MBVFS4UFJOLMFF
5SJHPOFMMBDBFSVMFB -
4S ,TFLMFF
4DIBC[JFHFSLMFF
;JHFVOFSLMFF *UBMJBO
NFMJMPUUP B[[VSSP 3VTTJBO EPOOJL DJOJK
HPMVCPK
53*(0/&--"-'FOVHSFFL'BCBDFBF -FHVNJOPTBF
1BSUT6TFETFFE
IFSC
%JTUSJCVUJPO&.FEJUFSSBOFBOSFHJPO
4&&VSPQFPSJ
HJO JO UIF .FEJUFSSBOFBO SFHJPO
BMTP DVMUJWBUFE
BOEOBUJWF
/PUF DMBTTJFE JOUP B XJME TTQ QSPDVNCFOT
BOE B
DVMUJWBUFETVCTQFDJFT TTQDBFSVMFB
5SJHPOFMMBDBFSVMFB -
4STTQDBFSVMFB
HPMVCPK
6TBHFTQJDF
DPOEJNFOU
BWPSJOH
1BSUT6TFEIFSC
%JTUSJCVUJPO$
8BOE4&VSPQF
/"GSJDB
XJEFMZDVM
UJWBUFEJOHBSEFOT
/PUF FESJFEQVMWFSJ[FEIFSCJTVTFEGPSUIFQSFQB
SBUJPO PS HSFFOJTI IFSC DIFFTF BOE GPS BWPSJOH
CSFBE BOE PUIFS EJTIFT JT TQFDJFT JT DMBTTJFE
JOUPBXJME TTQQSPDVNCFOT
BOEBDVMUJWBUFETVC
TQFDJFT TTQDBFSVMFB
&SIBSEUFUBM)BOFMU)FFHFS4FJEFNBOOD
;FWFOEF8FXU
5SJHPOFMMBDPSOJDVMBUB -
-
5
4ZOPOZNT.FEJDBHPDPSOJDVMBUB -
5SBVUW
5SJGPMJVN
DPSOJDVMBUB-
$PNNPO/BNFTDMVTUFSFE USFGPJM (FSNBO 5SBVCJHFS
#PDLTIPSOLMFF )JOEJ LBTVSJ NFUIJ 4BOTLSJU C
5SJHPOFMMBFTDVMFOUB8JMME 5SJHPOFMMBHSBFDB4U-BH
5SJHPOFMMBDPSOJDVMBUB -
- 5SJHPOFMMBGPFOVNHSBFDVN-
5SJHPOFMMBGPFOVNHSBFDVN- 5SJHPOFMMBNFMJMPUVTDBFSVMFB"TDIFSTFU
(SBFCO
4ZOPOZNT'PFOVNHSBFDVNPDJOBMF.PFODI
5SJHP
OFMMBHSBFDB4U-BH 5SJHPOFMMBDBFSVMB -
4S
$PNNPO/BNFTGFOJHSFD
GFOVHSFFL
HPBUTIPSO
(SFFL
DMPWFS
(SFFL IBZTFFE "SBCJD IFMCFI
IVMCBI
$IJOFTFIVMVCBO%VUDIGFOFHSJFL'SFODIGOV 5SJHPOFMMBQFDUFO4DIFOL
HSFD
GPJOHSFD
TOHSBJO
TFOFHS
USJHPOFMMF(FS
NBO (SJFDIJTDIFS #PDLTIPSOLMFF (SJFDIJTDIFT 5SJHPOFMMBBSBCJDB%FMJMF
)FV
,VIIPSO
,VIIPSOLMFF ;JFHFOIPSOLMFF
)JOEJ NFUIJ *OEJB NFUIJ OJ CIBKJ *OEPOFTJBO
LFMBCFU
LMBCFU*UBMJBOFOPHSFDP,PSFBOIPSP 5SJHPOFMMBTUFMMBUB'PSTL
QIB
LIOOPSBOHLLPUKBSJQIVM .BMBZTJBO IBMCB
LFMBCBU1PSUVHVFTFGFOBDIP
GFOPHSFDP3VTTJBO $PNNPO/BNFT(FSNBO4UFSO#PDLTIPSOLMFF
GFOVHSFL
JMJ QBTIJUOJL
GFOVNHSFL
GFOJHSFLPXB 6TBHFTQJDF SBSFMZ
QSPEVDUFTTFOUJBMPJM
USBXB
HSFUTDIFTLPFTFOP
LPTJKUSJMJTUOJL4BOTLSJU 1BSUT6TFETFFE
IFSC
NFUIJ
NFUIJLB
QJUBCJKB4MPWFOJBOTFOPWLBHSD %JTUSJCVUJPO/"GSJDB"SBCJB
&HZQU
5VOJTJB
"MHFSJB
LB4QBOJTIBMIPMWB
GFOPHSFDP
IFOPHSJFHP
5VSL .PSPDDP
$BOBSZ*TMBOET8"TJB*SBO
*SBR
.JE
JTIFNFOPUVCPVUPDIPVNB EMF&BTU
*TSBFM
-FCBOPO
,VXBJU
6TBHFTQJDF
1BSUT6TFETFFE
%JTUSJCVUJPO$BVDBTVT
&Y4PWJFU6OJPO
$"TJB
&&V 53*1)"4*"-PVS-JNFCFSSZ
SPQF
DVMUJWBUFEBOEOBUJWFFMTFXIFSF 3VUBDFBF
/PUF0FODMBTTJFEJOUPWBSJFUJFTIBVTLOFDIUJJ4JFS
KBFWBOEQSPWBSGPFOVNHSBFDVN1SFIJTUPSJDSF
NBJOTGSPNm#$JOUIF/FBS&BTU4FFET 5SJQIBTJBBVSBOUJPMB-PVS
QSFTFSWFEJO5VUBOLIBNVOTUPNC #$
5SJQIBTJBUSJGPMJB #VSNG
18JMTPO
"JDIFMF4DIXFHMFS
"MBHVLBOOBOFUBM#FOEFM
5 #JMHSJ"EBN#JMMBVE"ESJBO#PJT#SFNOFTT
$IBSBMBNCPVT$MBJS$PJDJV3BD[ OPZFBS
$SB[F
%BTUVS%BWJETPO%VEUTDIFOLPFUBM%VLFFUBM
5SJQIBTJBUSJGPMJB #VSNG
18JMTPO
&SIBSEUFUBM'BSSFMM'BSJM)BSENBO(JSBS
EPOFUBM(VQUBFUBM(V[NBO4JFNPOTNB)BOFMU 4ZOPOZNT-JNPOJB USJGPMJB #VSN
-JNPOJB USJGPMJBUB
)FFHFS)FQQFS)JMMFS.FM[JH)PINBOOFU -
5SJQIBTJBBVSBOUJPMB-PVS
BM)PQQF,BNBMFUBM.B[[B0PNBI.PS $PNNPO/BNFTMJNF CFSSZ
USJGPMJBUF MJNF
$IJOFTF
SJT.BDLMFZ /FXBMM FU BM /PSNBO 1PDIMKPCLJO
MJNF
NZSUMFMJNF)JOEJDIJOJOBSBOHIJ.BMBZ
1SVUIJ 1TDIZSFNCFM 3PTFOHBSUFO 3PVL
.FOHFTIB 4DIFODL/BVOEPSG 4DIOGFMEFS TJBO LFMJOHLFU
MJNBV LJBI
MJNBV LJOHLJU 1JMJ
4FJEFNBOOD4FJEFNBOO4JFCFSU4IBMJOJ)PPEB4VEFTI QJOPLBMBNBOTJUP
MJNPODJUP
TVBTVB
UBHJNVOBV
+PPE4IBSNB4JFXFL4NBMM4UBFTDIF 4QBOJTIMJNPODJUPBJNBOBPUFU
6TBHFTVDDBEF BWPSJOH
5301"&0-6.-/BTUVSUJVN5SPQBFPMBDFBF
1BSUT6TFEGSVJU
%JTUSJCVUJPOUSPQJDBM"TJB
DVMUJWBUFEJONBOZTVCUSPQ
JDBMBOEUSPQJDBMDPVOUSJFT
&SIBSEUFUBM)BOFMU4DIVMU[F.PUFM
53*50/*",FS(BXM5SJUPOJB
*SJEJBDFBF
5SJUPOJBBVSFB )PPL
1MBODI
4ZOPOZNT$SPDPTNJBBVSFB 1BQQFFY)PPL
1MBODI
$PNNPO/BNFTBNF GSFFTJB
$BQF TBSPO(FSNBO
4BGSBOBSUJHF5SJUPOJF
,BQ4BGSBO
6TBHFTQJDF 5SPQBFPMVNNBKVT
GMPXFSJOH
1BSUT6TFEPXFS
%JTUSJCVUJPO4PVUI"GSJDB$BQFMBOE
/PUFJTQMBOUGSFRVFOUXJUI$SPDPTNJBBVSFB 1BQQF
FY)PPL
1MBODI
5SPQBFPMVNNBKVT-
&SIBSEUFUBM4FJEFNBOO
4ZOPOZNT5SPQBFPMVNFMBUVN4BMJTC
5SPQBFPMVNSF
QBOEJGPMJVN4UPLFT
5SJUPOJBYDSPDPTNJJGMPSB #VSCSJEHFFU%FBO
$PNNPO/BNFT*OEJBO DSFTT
DPNNPO
OBTUVSUJVN
/&#S UBMM OBTUVSUJVN $IJOFTF DIJO MJFO IVB
IBO MJBO
IVB 'SFODI DBQVDJOF HSBOEF
DSFTTPO E*OEF
$SPDPTNJBDSPDPTNJJPSB -FNPJOFFY&.PSS
/& DSFTTPOEV1SPV
DBQVDJOF(FSNBO(SPF,BQV
#S [JOFSLSFTTF
*OEJBOFSLSFTTF
4BMBUCMVNF
5SLJTDIF
,SFTTF*UBMJBOOBTUVS[JPDPNVOF
DBQQVDJOB
PS
DSFTDJPOF EFM 1FS +BQBOFTF OBTVUBDINV
LJO
5SJUPOJBDSPDBUB -
,FS(BXM SFOLB
O[FOIBSFO1PSUVHVFTFDIBHBT
NBTUSVJP
EP1FS
PSEFTBOHVF
DBQVDIJOIBHSBOEF3VT
$SPDPTNJBBVSFB1MBODI TJBOLBQV[JO
LBQV[JOLSFTT
JOEFKDLJKLSFTTOBT
UVS[JKB4QBOJTIDBQVDIJOB
OBTUVSDJP
NBTUSBO[P
EFMBT*OEJBT
*MBHBTEF$SJTUP
5301"&0-6.-/BTUVSUJVN 6TBHFTVCTUJUVUF GPS DBQFST CVET
BWPSJOH MFBWFT
5SPQBFPMBDFBF BOEPSOBNFOUBMPXFSTGPSTBMBET 5
1BSUT6TFECVE
MFBG
PXFS
%JTUSJCVUJPO4"NFSJDB$PMVNCJB
&DVBEPS
1FSVDVM
5SPQBFPMVNEFOUBUJGPMJVN4UPLFT UJWBUFEJOOVNFSPVTDPVOUSJFT
4NBMM8JFSTFNB-FO
5VMCBHIJBWJPMBDFB)BSW
5SPQBFPMVNNVDSPOBUVN.FZFO
$PNNPO/BNFTTPDJFUZ HBSMJD
XJME HBSMJD
XJME LOPG
5SPQBFPMVNUVCFSPTVN3VJ[FU1BW MPPL%VUDIXJMEFLOPPL
XJMEFLOPFM(FSNBO
,OPCMBVDIT,BQMJMJF
7FJMDIFOCMUJHFS,OPCMBVDI
;JNNFSLOPCMBVDI
;JNNFSTDIOJUUMBVDI
5SPQBFPMVNQVMDIFMMVN4BMJTC 6TBHFTQJDF MPDBMMZ
1BSUT6TFEMFBG
5SPQBFPMVNNJOVT- %JTUSJCVUJPO4"GSJDB
/PUFF UBTUF JT MJLF HBSMJDF ;VMV PG /BUBM PFO
QMBOUUIJTTQFDJFTBSPVOEUIFJSIVUT
5SPQBFPMVNSFQBOEJGPMJVN4UPLFT
$IFFST%BWJETPO&SIBSEUFUBM4NBMM5FVC
OFS8ZL;FWFOEF8FU
5SPQBFPMVNNBKVT-
5SPQBFPMVNUVCFSPTVN0,VOU[F 563/&3*"-
5VSOFSBDFBF
5 5SPQBFPMVNUVCFSPTVN3VJ[FU1BW
5VSOFSJBBQISPEJTJBDB()8BSE
5SPQBFPMVNUVCFSPTVN3VJ[FU1BW
5VSOFSJBEJVTB8JMMEFY4DIVMU
4ZOPOZNT5SPQBFPMVNNVDSPOBUVN.FZFO
5SPQBFP
MVNUVCFSPTVN0,VOU[F
$PNNPO/BNFTCVMCPVT OBTUVSUJVN
UVCFSPVT OBT 5VSOFSJBEJGGVTB8JMMEFY4DIVMU
UVSUJVN$IJOFTFLVBJKJOHM[BOIVB%VUDILOPG
0PTUJOEJTDIFLFST'SFODIDBQVDJOFUVCSFVTF(FS 4ZOPOZNT5VSOFSB BQISPEJTJBDB () 8BSE
5VSOFSB
NBO ,OPMMFOLSFTTF
,OPMMFO,BQV[JOFSLSFTTF
NJDSPQIZMMB%FTWFY)BN
5:1)"-CVMMSVTI
SFFENBDF5ZQIBDFBF
.PST FU BM /FXBMM FU BM 0DIPB"MPOTP 1TDIZ
SFNCFM3UTDI4QFODFS4FJHMFS5VGFMFUBM
1BSUT6TFEQPMMFO
7JMMBNBSFUBM8JFSTFNB-FO8ZLFUBM %JTUSJCVUJPO&VSPQF
$BVDBTVT
*SBO
8
& 4JCJSJB
$
"TJB
.POHPMJB
/$IJOB
/"NFSJDB
"VTUSBMJB
5VSOFSJBEJVTB8JMMEFY4DIVMU
5ZMPTUFNPONBOOJJ4UBQI
#FJMTDIJEJBNBOOJJ .FJTO
#FOUIFU)PPLG
5
6
6
#PJT $IFFST &SIBSEU FU BM )JMMFS.FM[JH
6-7"- 4NBMM5VDLFS6QIPG
6MWBDFBF $IMPSPQIZUBF
6MWBDPNQSFTTB- 6/$"3*"4DISFC(BNCJFS
3VCJBDFBF
4ZOPOZNT&OUFSPNPSQIBDPNQSFTTB -
(SFW
$PNNPO/BNFTCPXFM TFBXFFE $IJOFTF LBOUIBJ
(FSNBO%BSNUBOH+BQBOFTFIJSBBPOPSJ 6ODBSJBBDJEB0,VOU[F
6TBHFTQJDF GPSTIBOENFBU
)BOFMU4DIVMU[F.PUFM 4ZOPOZNT6ODBSJBBDJEB0,VOU[F
$PNNPO/BNFTHBNCJS
HBNCJFS
QBMF DBUFDIV $IJ
OFTF LPV UFOH
UJBP UFOH 'SFODI HBNCJFS (FS
6.#&--6-"3*" /FFT
/VUUo NBO (BNCJSQBO[F
#FUFMCJTTFO
(FMCFT ,BU
$BMJGPSOJB#BZPS-BVSFM-BVSBDFBF FDIV.BMBZTJBOHBNCJS
6TBHFBWPSJOH
1BSUT6TFEMFBGBOEUXJHQSPEVDUKVJDF CZCPJMJOH
6NCFMMVMBSJBDBMJGPSOJDB )PPLFU"N
/VUU %JTUSJCVUJPO.BMBZTJB
4VNBUSB
8#PSOFP
BMTPDVMUJ
WBUFEJO*OEPOFTJB
$PNNPO/BNFT$BMJGPSOJBCBZ
$BMJGPSOJBMBVSFM
QFQ /PUFBMMJ BSF FYUSBDUFE
UIJDLFOFE BOE ESJFE
QFSXPPE
IFBEBDIFUSFF
0SFHPONZSUMF(FSNBO HBNCJS
HBNCJSDBUFDIV
#FSHMPPSCFFS
,BMJGPSOJTDIFS #FSH
-PSCFFS
0S
FHPO.ZSUF $IBSBMBNCPVT &SIBSEU FU BM )BHFS
)BOFMU
)JMMFS.FM[JH .BCCFSMZ 4DIFODL/BVFOEPSGFS
6TBHFDPOEJNFOU VTFTQBSJOHMZ
4DIVMU[F.PUFM5VGFMFUBM6QIPG8JFSTF
1BSUT6TFEMFBG NB-FO;FWFOEFFU
%JTUSJCVUJPO/8BOE4864" $BMJGPSOJB
0SFHPO
4QSJOHFS7FSMBH#FSMJO)FJEFMCFSH
6/%"3*"8'34VSJOHBS"MBSJBDFBF
6/%"3*"8'34VSJOHBS 6301):--6.+BDLFY8BMM
"MBSJBDFBF 3VCJBDFBF
6OEBSJBQJOOBUJEB 8))BSWFZ
8'34VSJOHBS $PNNPO/BNFT*OEPOFTJBOLJDFOHLFI
6TBHFTQJDF
1BSUT6TFECSVJTFEMFBWFT
6OEBSJBQJOOBUJGJEB 8))BSWFZ
8'3 %JTUSJCVUJPO8+BWB
4VSJOHBS /PUFFPEPSTNFMMTTUSPOHMZPGDMPWFT
.JZBCFFU0LBNVSB
$PNNPO/BNFTXBLBNF $IJOFTF RVO EBJ DBJ (FS
NBO 'MHFMUBOH +BQBOFTF LBEBNF
OJLJNF
6SUJDBNFMBTUPNPJEFT1PJS
XBLBNF
6TBHFTQJDF
TQFDJBMMZPGSJDF 1JMFBNFMBTUPNPJEFT 1PJS
8FEE
1BSUT6TFEUIBMMVT
GSFTIBOEESZ
%JTUSJCVUJPODPNNFSDJBM DVMUJWBUFE JO +BQBO
,PSFB
$IJOB 6WBSJBBSPNBUJDB-BN
/PUFJTJTUIFNPTUTJHOJDBOUMZDVMUJWBUFE6OEBSJB
TQFDJFT 9ZMPQJBBSPNBUJDB -BN
.BSU
%BWJETPO)BOFMU+VSLPWJDFUBM-DL4DIVM
U[F.PUFM 4FJEFNBOO D 6QIPG 6SCBOP(PJ
6WBSJBPEPSBUB-BN
$BOBOHBPEPSBUB %$
)PPLGFUPNQT
6OEBSJBVOEBSJPJEFT :FOEP
0LBNVSB
4ZOPOZNT)JSPNFVOEBSJPJEFT:FOEP
$PNNPO/BNFTIJSPNB(FSNBO+BQBOJTDIFS'MHFM
UBOH+BQBOFTFIJSPNF
6TBHFTQJDFGPSSJDF
1BSUT6TFEUIBMMVT
%JTUSJCVUJPO+BQBO
,PSFB
$IJOB
)BOFMU4DIVMU[F.PUFM
6
6OPOBBFUIJPQJDB%VO
9ZMPQJBBFUIJPQJDB"3JDI
7
7
7"$$"3*"8PMG$PXIFSC 7"-&3*"/"-7BMFSJBO
$BSZPQIZMMBDFBF 7BMFSJBOBDFBF
7BDDBSJBIJTQBOJDB .JMM
3BVTDIFSU 7BMFSJBOBDFMUJDB-
6TBHFTQJDF SBSFMZ
BWPSJOHQSPEVDUFTTFOUJBMPJM
SBSFMZJOUIFMJRVFVSJOEVTUSZ
1BSUT6TFESPPU
%JTUSJCVUJPO&VSPQF
OBUJWFBOEDVMUJWBUFE
"TJB
/PUFFSPPUXBTVTFEBTBDPOEJNFOUEVSJOHNFEJ
4QSJOHFS7FSMBH#FSMJO)FJEFMCFSH
7"/*--".JMM7BOJMMB0SDIJEBDFBF
7BMFSJBOBTJTZNCSJGPMJB4DIVS
7BOJMMBBMCJEB#M
4ZOPOZNT7BMFSJBOBUSJQUFSJT-
$PNNPO/BNFT4ZSJBOOBSE(FSNBO4ZSJTDIF/BSEF
4ZOPOZNT7BOJMMBHSJUIJJ3DICG
/BSEF $PNNPO/BNFTXIJUFWBOJMMB(FSNBO8FJF7BOJMMF
6TBHFBWPSJOHQSPEVDUFTTFOUJBMPJM 6TBHFTQJDF MPDBMMZ
1BSUT6TFEMFBG 1BSUT6TFEGSVJU
%JTUSJCVUJPO5VSLFZ"OBUPMJB$BVDBTVT
*SBO
4ZSJB$ %JTUSJCVUJPO*OEJB
BJMBOE
.BMBZTJB
4VNBUSB
+BWB
"TJB BMTPDVMUJWBUFE
)BOFMU4DIVMU[F.PUFM5VGFMFUBM
7BMFSJBOBTZMWFTUSJT4BEM
7BMFSJBOBPDJOBMJT- 7BOJMMBBQIZMMB#M
$PNNPO/BNFT+BWBWBOJMMB(FSNBO+BWB7BOJMMF
7BMFSJBOBUSJQUFSJT- 6TBHFTQJDF MPDBMMZ
1BSUT6TFEGSVJU
7BMFSJBOBTJTZNCSJGPMJB4DIVS %JTUSJCVUJPO.ZBONBS
.BMBZTJBO1FOJOTVMB
+BWB
&SIBSEUFUBM
7 7BMFSJBOBWVMHBSJT3VQS
7BMFSJBOBPDJOBMJT- 7BOJMMBBSPNBUJDB8JMME
7BOJMMBQMBOJGPMJB"OES
7"/*--".JMM7BOJMMB0SDIJEBDFBF
7BOJMMBGSBHSBOT 4BMJTC
"NFT #PJT
7BOJMMBQMBOJGPMJB"OES
7BOJMMBQIBFBOUIB3DICG
7BOJMMBHBSEOFSJ3PMG 4ZOPOZNT7BOJMMBQMBOJGPMJB(SJTFC
6TBHFTQJDF
$PNNPO/BNFT#SB[JM WBOJMMB
#BIJB WBOJMMB
4PVUI 1BSUT6TFEGSVJU
"NFSJDBO WBOJMMB
7BOJMMB PG #BIJB (FSNBO %JTUSJCVUJPOPSJHJO$VCB4U7JODFOU
'MPSJEB
#BIB
#SBTJMJBOJTDIF7BOJMMF NBT
"OUJMMFTUP5SJOJEBE
"OUJMMFTBMTPDVMUJWBUFE
6TBHFTQJDF MPDBMMZ
/PUF"MEVSBOUGPS7BOJMMBQMBOJGPMJB(+BDLT
1BSUT6TFEGSVJU
%JTUSJCVUJPODVMUJWBUFE*O#SB[JM #PJT(V[NBO4JFNPOTNB4DIVMU[F.PUFM6QIPG
8JFSTFNB-FO
(V[NBO4JFNPOTNB )PQQF
4FJEFNBOO D
5VGFMFUBM6QIPG
7BOJMMBQMBOJGPMJB"OES
7BOJMMBQMBOJGPMJB"OES GMPXFSJOH
)PQQF .PST3J[[JOJ4DIVMU[F.PUFM
7BOJMMBQMBOJGPMJB(SJTFC
7BOJMMBQMBOJGPMJB(+BDLT
7BOJMMBQIBFBOUIB3DIC
7BOJMMBQMBOJGPMJB"OES
7&3#"4$6.-.VMMFJO4DSPQIVMBSJBDFBF
7BOJMMBQPNQPOB4DIJFEF FUBM1SVUIJ3BNBSPTBO3BPOJ[BGJOJNBOBOFUBM
3FZFUBM4DIBSSFS4DISEFS4DIVMU[F.PUFM
4ZOPOZNT7BOJMMBHSBOEJPSB-JOEM
7BOJMMBHVJBOFO 4FJEFNBOO D 4JFXFL 4UBFTDIF 5BCBDDIJ FU BM
5VGFMFUBM5FVTDIFS8JFSTPNB-FO
TJT4QMJUH
7BOJMMBMVUFTDFOT.JR
7BOJMMBTVSJOB
NFOTJT3DIC
$PNNPO/BNFT1PNQPOWBOJMMB
8FTU*OEJBOWBOJMMB
'SFODIWBOJMMPO(FSNBO"OUJMMFO7BOJMMF
(VB 7BOJMMBWJSJEJGMPSB#M
EFMPVQF7BOJMMF
1PNQPO7BOJMMF
7BOJMMPO
8FTU
JOEJTDIF7BOJMMF 7BOJMMBQMBOJGPMJB"OES
6TBHFTQJDF
1BSUT6TFEGSVJU
%JTUSJCVUJPO$ "NFSJDB
4& .FYJDP
USPQJDBM /PSUI 4 7&3#"4$6.-.VMMFJO
"NFSJDB 4DSPQIVMBSJBDFBF
/PUFFVTFPGUIFGSVJUTJTQSFEPNJOFOUMZJOUIFQFS
GVNFSZBOEUPCBDDPJOEVTUSJFT
7FSCBTDVNEFOTJGMPSVN#FSUPM
"EFEFKJFUBM#PJT%BWJETPO&IMFST1GJTUFS
&SIBSEU FU BM )PGGNBOO OP ZFBS
)PQQF
.FM
4ZOPOZNT7FSCBTDVNUIBQTJPSVN4DISBE
DIJPS,BTUOFS0DITFFUBM1SVUIJ3FZFUBM
4DISEFS 4DIVMU[F.PUFM 4FJEFNBOO D 4JFXFL
$PNNPO/BNFTMBSHF PXFSFE NVMMFJO
DPNNPO
4UBFTDIF5VGFMFUBM5FVTDIFS6QIPG NVMMFJO'SFODICPVJMMPOCMBOD
FVSEF4U1JFSSF
8JMEFJTFO;FWFOEF8FU NPMOF
(FSNBO(SPCMUJHF,OJHTLFS[F
(SP
CMUJHF8PMMCMVNF*UBMJBOCPVJMMPOCMBOD
WFSCBT
DPNBTDIJP
UBTTPWFSCBTTP
DBOEFMBEFMMBNBEPO
7BOJMMBTVSJOBNTJT3FJDIC OB
DBOEFMB SFHJB ,PSFBO QFMQBTDIP 3VTTJBO
LPSPXKBL
NFEXFTIF VDIP 4QBOJTI HPSEPMPCP
7BOJMMBQPNQPOB4DIJFEF DPNO
WFSCBTDP
6TBHFBWPSJOH JOUIFMJRVFVSJOEVTUSZ
1BSUT6TFEPXFS
7BOJMMBTZMWBUJDB.D'BSMBOF %JTUSJCVUJPO$BVDBTVT
8 "TJB
&VSPQF
OBUJWF FMTF
XIFSF
7BOJMMBUBIJUFOTJT+8.PPSF
"JDIFMF4DIXFOLFS
#FSHFS
#SFNOFTT
&SIBSEUFUBM'MFJTDIIBVFS)BOFMU)FFHFS
)PINBOOFUBM)PQQF,SBVT'SBO[1TDIZSFNCFM
7BOJMMBUBIJUFOTJT+8.PPSF 4DIOGFMEFS4DIVMU[F.PUFM4FJEFNBOOD
4IBSNB4XJBUFLFUBM8JFSTFNB-FO8TUFO
4ZOPOZNT7BOJMMBTZMWBUJDB.D'BSMBOF GFME)BFOTFM;FWFOEF8FU;XJOHFOCFSHFS
$PNNPO/BNFT5BIJUBOWBOJMMB'SFODIWBOJMMFEF5B
IJUJ
WBOJMMFEF5JBSFJ(FSNBO5BIJUJ7BOJMMF5B
IJUJIBBQBF
QBQBOPF
UFSJJSPB
UJBSFJ 7FSCBTDVNQIMPNPJEFT-
6TBHFTQJDF
1BSUT6TFEGSVJU $PNNPO/BNFTDMBTQJOH NVMMFJO
PSBOHF NVMMFJO
%JTUSJCVUJPO5BIJUJ
OBUJWF )BXBJJ POMZ DVMUJWBUFE
3VOJPO
.BVSJUJVT
'SFODI CPVJMMPO CMBOD
NPMOF GBVYQIMPNJT
(FSNBO'JM[,OJHTLFS[F
8JOECMVNFO,OJHT 7
/PUF FGSVJUTIBWFBMPXFSWBOJMMJODPOUFOU
CVUUIF
LFS[F*UBMJBOCBSCBSBTDP
BSPNBJTTXFFUFSCFTUTVJUFEGPSDPTNFUJDT 6TBHFBWPSJOH FTQFDDJBMMZJOUIFMJRVFVSJOEVTUSZ
1BSUT6TFEPXFS
"EFEFKJFUBM%BWJETPO&IMFSTFUBM&SIBSEUFUBM %JTUSJCVUJPOUFNQFSBUF"TJB
&VSPQF
OBUJWFFMTFXIFSF
(V[NBO4JFNPOTNB)JMMFS.FM[JH)PQQF
+BDL -IVHVFOPM .FMDIJPS,BTUOFS 0DITF "JDIFMF4DIXFOLFS
#SUFMT#FSHFS
7&3#&/"-7FSWBJO
7FSCFOB7FSCFOBDFBF
&SIBSEUFUBM'MFJTDIIBVFS)BOFMU)FFHFS %VEUTDIFOLPFUBM&ISIBSEUFUBM&SJDITFO#SPXO
)JMMFS.FM[JH )PQQF ,SBVT'SBO[ 1QBZ FU BM 'MFJTDIIBVFS)FFHFS)JMMFS.FM[JH)PQQF
4DIOGFMEFS4DIVMU[F.PUFM4FJEFNBOOD /FXFBMMFUBM/*$1#13BKFOESBO%BOJFM3UTDI
5TDIFTDIFFUBM6QIPG8JFSTFNB-FO8ZLFUBM 4DIOGFMEFS4DIVMU[F.PUFM4IBSNB5VGFM
;XJOHFOCFSHFS FUBM6QIPG8FCFS8ZLFUBM
7FSCBTDVNEFOTJPSVN#FSUPM
7FSOPOJBBMCJDBOT-FFT
7&3#&/"-7FSWBJO
7FSCFOB
7FSCFOBDFBF 7FSOPOJBDJOFSFB-FTT
7FSCFOBKBNBJDFOTF- 7FSOPOJBBNZHEBMJOB%FMJMF
7 OBUJWFXPSMEXJEF
/PUFF FTTFOUJBM PJMT BSF VTFE BT BO BMUFSOBUJWF GPS
1BSUT6TFETFFE
%JTUSJCVUJPO"GSJDB
"SBC 1FOJOTVMB
*OEJB
$IJOB
8
MFNPO HSBTT PJM $ZNCPQPHPO DJUSBUVT <%$ FY "TJB
*OEPDIJOB
/FFT>4UBQG
$ZNCPQPHPOFYVPTVT<4UFVE>4UB
QF
$IPQSB&SIBSEUFUBM)BOFMU3UTDI4DIVM
U[F.PUFM6QIPG8FBMUIPG*OEJB
8JFSTFNB
-FO;FWFOEF8FU
"JDIFMF4DIXFOLFS
#FSHFS
#SFNOFTT
$IBSBMBNCPVT $IFFST $MBJS %BWJETPO
7*0-"-7JPMFU7JPMBDFBF
7FSOPOJBMFQUPQIZMMB%$
7FSOPOJBDJOFSFB -
-FTT 7*0-"-7JPMFU
7JPMBDFBF
7&5*7&3*"#PSZ7FUJWFS
1PBDFBF (SBNJOFBF
7JPMBDPSOVUB-
EFO WJPMFU
TXFFU TDFOUFE WJPMFU "SBCJD CBOBG HPMB 'SFODI HBUUJMJFS BHOFBVDIBTUF
QPJWSF EFT
TBH'SFODIWJPMFU
WJPMFUUFEFNBST
WJPMFUUFPEPS NPJOFT (FSNBO .ODITQGFFS
,FVTDIMBNN
BOUF (FSNBO .S[7FJMDIFO 8PIMSJFDIFOEFT "CSBIBNTUSBVDI *OEJB BUIMBD
QBOKBOHVTIU
SB
7FJMDIFO)JOEJCBOBQITB*OEJBCBOFGTIBI*UBM OVLBCJKB
TIBNCIBMVLBCJKB *UBMJBO BHOPDBTUP
JBO WJPMB NBNNPMB
WJPMB [PQB
NBNNPMP SPT BMCFSPEFMQFQF
QFQFGBMTP3VTTJBOBXSBBNPXP
FWJPMF
WJPMFUUB+BWBOFTFBOUBOBO3VTTJBOBMLB EFSFXP
EVTDIJTUBKB4BOTLSJUOJMBQVTQB4QBOJTIWJPMFUB 6TBHFTQJDF
6TBHFBWPSJOH NJMLQVEEJOH
JDFDSFBN
BOEBTBO 1BSUT6TFEGSVJU
FEJCMF EFDPSBUJPO GPS EJTIFT QSPEVDU GSPTU
FT %JTUSJCVUJPO.FEJUFSSBOFBO SFHJPO
#BMLBO
"TJB NJ
TFODFTXFFUT
MJRVFVSi1BSGBJUEBNPVSuQSPEVDU OPS
*SBO
$BVDBTVTUP$"TJB
FTTFOUJBMPJMQFSGVNFSZJOEVTUSZ /PUF$VMUJWBUFE BT B TVCTUJUVUF BOE BMUFSOBUJWF GPS
1BSUT6TFEPXFS
BOEDVMJOBSZ
IFSC CMBDLQFQQFSXIFOOPUBWBJMBCMF
%JTUSJCVUJPO/ "GSJDB
$BVDBTVT
&VSPQF
BMTP DVMUJ
WBUFE #SUFMT#PJT%PBO.FSU&LVOEBZPFUBM
&SIBSEU FU BM
'FJM FU BM (SJFCFM C )FQQFS
/PUF*O FBSMZ (SFFL BOE 3PNBO UJNFT WJPMFUT XFSF
)JMMFS.FM[JH,BSUOJH.PSTFUBM/FXBMMFU
VTFE UP BWPS CVUUFS
PJM
WJOFHBS BOE XJOF F BM 1TDIZSFNCFM 3BKFOESBO%BOJFM 4DIOGFMEFS
PSBM MFBWFT BSF PFO DBOEJFE BOE VTFE JO DPO 4DIVMU[F.PUFM 4FJEFNBOO D 4FOBUPSF FU BM
GFDUJPOFSZ 4JFXFL4SFOTFO,BUTJPUJT4UBFTDIF5VGFM
FUBM5FVTDIFS6QIPG8JFSTFNB-FO8PM
"JDIFMF4DIXFHMFS
#FSHFS
#PVSUPO MFOXFCFS8ZLFUBM;FWFOEF8FU
#SFNOFTT$IBSBMBNCPVT$IFFST$PIOFOB
$PJDJV3BD[ OPZFBS
%BTUVS%BWJETPO&SIBSEUFUBM
&SJDITFO#SPXO'MFJTDIIBVFS)FFHFS)JMM
FS.FM[JH)PGGNBOOFUBM)PQQF,IMFJO 7JUFYBSCPSFB%FTG
.F[7JMJBS 3UTDI 4DIOGFMEFS 4DIVMU[F.P
UFM 4FJEFNBOO D 4IBSNB 4NBMM 5VGFM FU 7JUFYOFHVOEP-
BM 5VDLFS 7JMMBNBS FU BM 8JFSTFNB-FO
;FWFOEF8FU
7JUFYCJDPMPS8JMME
7JPMBPGGJDJOBMJT$S 7JUFYOFHVOEP-
7JPMBPEPSBUB-
7JUFYDIJOFOTJT.JMM
7JPMBTBSNFOUPTB.#JFC 7JUFYOFHVOEP-
7JPMBPEPSBUB-
7JUFYOFHVOEP-
B C
7JUFYBHOVTDBTUVTBGMPXFSJOH CGSVJUJOH
7PMLBNFSJBPSJFOUBMJT0,VOU[F
4FTBNVNJOEJDVN-
7
8
8
8"3#63(*"&OHM 8"4"#*".BUTVN8BTBCJ
$BOFMMBDFBF #SBTTJDBDFBF $SVDJGFSBF
8BSCVSHJBTBMVUBSJT #FSUPMG
$IJPW 8BTBCJBKBQPOJDB .JR
.BUTVN
8BTBCJQVOHFOT.BUTVN
8BTBCJKBQPOJDB .JR
.BUTVN
4QSJOHFS7FSMBH#FSMJO)FJEFMCFSH
8&%&-*"+BDR(PMEDVQ"TUFSBDFBF $PNQPTJUBF
8&%&-*"+BDR(PMEDVQ 8&453*/(*"4N"VTUSBMJBO
"TUFSBDFBF $PNQPTJUBF
3PTFNBSZ-BNJBDFBF -BCJBUBF
8FEFMJBCJGMPSB -
%$ 8FTUSJOHJBGSVUJDPTB 8JMME
%SVDF
QBO .BMBZTJBUPUSPQJDBM"VTUSBMJB
"SPSB1BEOFZ.JMFTFUBM 8FTUSJOHJBSPTNBSJOJGPSNJT4N
8FTUSJOHJBGSVUJDPTB 8JMME
%SVDF
8FEFMJBTDBOEFOT$#$MBSLF
8FEFMJBCJPSB%$ 8JOUFSBOBDBOFMMB-
$BOFMMBBMCB -
.VSS
8&*/."//*"-
$VOPOJBDFBF
8JOUFSBBSPNBUJDB%FTD
8FJONBOOJBGSBYJOFB4NFY%%PO %SJNZTXJOUFSJ+3FU('PSTU
8FJONBOOJBTVOEBJDB#M
8JOUFSBOBDBOFMMB-
8FJONBOOJBTVOEBJDB#M $BOFMMBXJOUFSBOB -
(BFSUO
4ZOPOZNT8FJONBOOJBGSBYJOFB4NFY%%PO
$PNNPO/BNFT(FSNBO&TDIFOBSUJHF8FJONBOOJF 83*()5*"3#S
6TBHFBWPSJOH GPPET
"QPDZOBDFBF
1BSUT6TFEIFSC
%JTUSJCVUJPO.PMVDDB*TMBOET
8SJHIUJBBSCPSFB %FOOTU
.BCCFSMFZ
#VSLIJMM0ZFO%VOH
8SJHIUJBUPNFOUPTB3PFNFU4DIVMU
8
8SJHIUJBIBNJMUPOJBOB8BMM
8SJHIUJBUPNFOUPTB3PFNFU4DIVMU
83*()5*"3#S"QPDZOBDFBF
8SJHIUJBUPNFOUPTB 3PYC
3PFNFU4DIVMU
1BSUT6TFEMFBG
%JTUSJCVUJPO*OEJB#JIBS
,PLOB
8BSMJ
BJMBOE
"SPSB1BEOFZ%BTUVS4IBSNB6QIPG
8
9
9
9BOUIPQIUIBMNVNDPSPOBSJVN -
5SFIBOF 9ZMPQJBBFUIJPQJDB %VO
"3JDI
4QSJOHFS7FSMBH#FSMJO)FJEFMCFSH
9:-01*"-"GSJDBO1FQQFS"OOPOBDFBF
4NBMM4UBFTDIF5BJSVFUBM5VGFMFUBM 9ZMPQJBFNJOJJ&OHM
5FVTDIFS6QIPG;FWFOEF8FU
9ZMQJBBFUIJPQJDB %VO
"3JDI
9ZMPQJBBSPNBUJDB -BN
.BSU
9ZMPQJBGSVUFTDFOT"VCM
4ZOPOZNT6WBSJBBSPNBUJDB-BN
9ZMPQJBHSBOEVPSB
4U)JMM
9ZMPQJBMPOHJGPMJB%$ $PNNPO/BNFT(FSNBO )BMCTUSBVDIJHFS .PISFO
$PNNPO/BNFT#SB[JM 1PSUVHVFTF
QBDIJOIPT
QJ QGFFS1PSUVHVFTFDPBHFSVDV
QJOEBCB
FNCJSB
NFOUBEFNBDBDP
QJNFOUBEFOFHSP(FSNBO#VS FOWJSB
KFSFSFDPV
QBV EF FNCJSB
QFKFSFDVN
QJ
SPQGFFS
(VJOFB1GFFS1FSVNBUBSP
PNFDIVBJ KFSFDV
QJNFOUPEFHFOUJP
QJNFOUBEPTFSUP
DBTQ 1PSUVHVFTF FNCJSB
FOWJSFJSB
QJNFOUBEF QJOEBCB
SWPOF
QJNFOUBEFHFOUJP
QJNFOUBEFOFHSP
QJ 6TBHFDPOEJNFOU
NFOUBEBDPTUB 1BSUT6TFETFFE
6TBHFTQJDF
DPOEJNFOU
VTFE MJLF QFQQFS QSPEVDU %JTUSJCVUJPOUSPQJDBM"NFSJDBFTQFDJBMMZ#SB[JM
FTTFOUJBMPJM
1BSUT6TFETFFE .PSTFUBMWBO3PPTNBMFO4JMWB6QIPG
9 /PUFFGSVJUTBOETFFETIBWFBOPEPSBOEBUBTUFPG
QFQQFS
%JTUSJCVUJPO8 "GSJDB $BNFSPPO
(IBOB
UIF (BN
CJB
/JHFSJB
4FOFHBM
4JFSSF-FPOF
5PHP
9ZMPQJBNVSJDBUB7FMMPTP
9ZMPQJBCSBTJMJFOTJT4QSFOH
9ZMPQJBQBSWJGPMJB4DIMFDIU
9ZMPQJBCSBTJMJFOTJT4QSFOH
B
9ZMPQJBRVJOUBTJJ1JFSSFFY&OHMFU%JFMT
9ZMPQJBTUSJBUB&OHM
9ZMPQJBTFSJDFB4U)JM
4ZOPOZNT.BZOBTFSJDFB4QSFOH
$PNNPO/BNFT(FSNBO 4FJEJHFS .PISFOQGFFS
1PSUVHVFTF QJOEBCBWFSNFMIB
QJOEBVCVOBEB
TFSSB
6TBHFDPOEJNFOU C
%JTUSJCVUJPO8"GSJDB
-PSFO[J.BUPTFUBM
.PSTFUBMWBO3PPT
NBMFO6QIPG &SIBSEU FU BM (SJFCFM .FMDIJPS,BTUOFS 4FJEF
NBOOD4FJEFNBOO4JFCFSU5VGFMFUBM5FVTDIFS
6QIPG
9ZMPQJBTUBVEUJJ&OHMFU%JFMT
#VSLJMM
9ZMPQJBTUSJBUB&OHM
4ZOPOZNT9ZMPQJBRVJOUBTJJ1JFSSFFY&OHMFU%JFMT
$PNNPO/BNFTOFHSP QFQQFS (FSNBO (FTUSFJFS
.PISFOQGFFS
,BOJ 9
6TBHFTQJDF
1BSUT6TFEGSVJU
;
;
;"/5)09:-6.-:FMMPXXPPE ;BOUIPYZMVNBSNBUVN%$
3VUBDFBF
4ZOPOZNT;BOUIPYZMVNBMBUVN3PYC
$PNNPO/BNFT$IJOFTF QFQQFS
4[FDIVBO QFQQFS
;BOUIPYZMVNBDBOUIPQPEJVN%$ $IJOFTF IVB KJBP (FSNBO $IJOFTJTDIFS 1GFFS
4[FDIVBOQGFFS )JOEJ EBSNBS
OFQBMJ EIBOJZB
4ZOPOZNT;BOUIPYZMVNBDBOUIPQPEJVN%$WBSUJN +BQBOFTFGVZVTBOTI4BOTLSJUUVNCVSV
EIJWB
CPS)PPLG HBOEIBMV7JFUOBNFTFTFOHBJ
$PNNPO/BNFT$IJOFTFQFQQFS
UPNBSTFFE$IJOFTF 6TBHFTQJDF
HVPNBLB(FSNBO$IJOFTJTDIFS1GFFS)JOEJ 1BSUT6TFETFFE
EBSNBS
UFKQIBM7JFUOBNFTFTO %JTUSJCVUJPO*OEJB
1BLJTUBO
/FQBM
)JNBMBZBT
.B
6TBHFBWPSJOH MBZTJB
1IJMJQQJOFT
1BSUT6TFETFFE
%JTUSJCVUJPO)JNBMBZBT
/ #FOHBM
/BHB BOE ,IBTJ $IBVIBO %BMCZ %BWJETPO &SIBSEU FU BM
'BDDJPMB)BOFMU)JMMFSNFM[JH0ZFO%VOH
IJMMT
$IJOB
*OEJB
7JFUOBN
4IBSNB4NBMM5VDLFS8FBMUIPG*OEJB
/PUF*O4$IJOBDVMUJWBUFEBOEVUJMJ[FEGPSJUTQMFBTBOU
BWPSUIFQMBOUIBTBQFDVMJBSBWPSPGDPSJBOEFS
QSPEVDUTPGXBUBSBPJM GSPNUIFGSVJUT
BSFVTFE
JOQFSGVNFSZ ;BOUIPYZMVNBWJDFOOBF -BN
%$
(V[NBO4JFNPOTNB0ZFO%VOH6QIPG
;BOUIPYZMVNBMBUVN3PYC
;BOUIPYZMVNBSNBUVN%$ ;BOUIPYZMVNCVOHFBOVN.BYJN
;BOUIPYZMVNTJNVMBOT)BODF
4QSJOHFS7FSMBH#FSMJO)FJEFMCFSH
;"/5)09:-6.-:FMMPXXPPE3VUBDFBF
;BNUIPYZMVNCVOHFJ1MBODI ;BOUIPYZMVNOJUJEVN#VOHF
;JOHJCFSTJNVMBOT)BODF ;BOUIPYZMVNTJNVMBOT)BODF
;BOUIPYZMVNDMBWBIFSDVMJT- ;BOUIPYZMVNPYZQIZMMVN&EHFX
;BOUIPYZMVNQBSWJGMPSVN "3JDI
#FOUI
;BOUIPYZMVNHJMMFUJJ EF8JME
8BUFSN 1BSUT6TFETFFE
MFBG
%JTUSJCVUJPO/ $IJOB
+BQBO
,PSFB
.POHPMJB
BMTP
'BHBSB[BOUIPYZMPJEFT-BN DVMUJWBUFE)BXBJJ
;BOUIPYZMVNSIFUTB 3PYC
%$
4ZOPOZNT'BHBSBSIFUTB3PYC
;BOUIPYZMVNCVESVO
HB8BMMFY%$
;BOUIPYZMVNMJNPOFMMB %FOOTU
"MTUPO
$PNNPO/BNFT*OEJBO QSJDLMZ BTI
*OEJBO QFQQFS
MFNPOQFQQFS USFF
'SFODIDMBWBMJFSE*OEF(FS
NBO*OEJTDIFS1GFFSCBVN
+BQBOJTDIFS1GFFS
CBVN
'BMTDIF ,VCFCFO )JOEJ CBESBOH *OEJB
UBNCPM
UJSQIBM
SIFUTBNBSBNV
JMBSBOHPN
NVMMJM
MBN+BWBOFTFLBEKFOHTJUJ
LBKVMFNBM.BMBZTJBO
IBOUBSEVSJ4BOTLSJUBTIWBHISB
BUJUFKBOJ
TVUFKBTJ
UJNVS4SJ-BOLBLBUVLJOB
SIFUTVBJLBODIBU
UPO
6TBHFTQJDF
1BSUT 6TFEJNNBUVSF GSVJUT
TFFE QSPEVDU FTTFOUJBM
PJM TFFET
;BOUIPYZMVNQJQFSJUVN
GSVJUT "SPSB1BOEFZ #PJT %BWJETPO )BOFMU
+JSPWFU[ FU BM -DL 4DIVMU[F.PUFM 4FJEFNBOO
D4IJWBFUBM4NBMM5FVTDIFS6QIPG
8FBMUIPG*OEJB
8JFSTFNB-FO:BTVEBFUBM
WJETPO&SIBSEUFUBM)BOFMU)JMMFS.FM[JH
+JBOHFUBM+JBOH,VCPUB-JIVB+JBOHFUBM,P
KJNB FU BM ,VTNPUP FU BM -DL .FMDIJPS,BTU
OFS/PSNBO1GOEFS'SPIOF1PDIMKPCLJO
;BOUIPYZMVNTFOFHBMFOTJT%$
4BLBJ FU BM 4DIVM[F.PUFM 4FJEFNBOO D
4FJEFNBOO4JFCFSU4IJNPEBFUBM4JFXFL4NBMM 'BHBSF[BOUIPYZMPJEFT-BN
5FVTDIFS5VDLFS6QIPG:BTVEBFUBM
:POH%PP,JN;FWFOEF8FU
;BOUIPYZMVNTJNVMBOT)BODF
;BOUIPYZMVNQMBOJTQJOVN4JFCFU;VDD
4ZOPOZNT;BOUIPYZMVN CVOHFBOVN .BYJN
;BO
$PNNPO/BNFT$IJOFTF QFQQFS $IJOFTF IVB DIJBP
UIPYZMVNCVHFJ1MBODI
;BOUIPYZMVNGSBYJOPJEFT
[IVZFKJBP'SFODIDMBWBMJFSQJOFTQMBOFT(FS )FNTM
;BOUIPYZMVNOJUJEVN#VOHF
NBO #SFJUEPSOJHFS 1GFFS
$IJOFTJTDIFS 1GFG $PNNPO/BNFT$IJOFTF QFQQFS
$IJOFTF QSJDLMZ BTI
GFS)JOEJEBSNBS
OFQBMJEIBOJZB
UFKQIBM*OEJB QFQQFS 4[FDIVBO QFQQFS
4JDIVBO QFQQFS $IJ
UF[CBM
UJNBM
UJNCBS
UVOEPQPEB4BOTLSJUEIJWB
OFTF DIVBO KJBP 'SFODI QPJWSF DIJOPJT
QPJWSF
HBOEIBMVUVNCVSV EFMB$IJOF
DMBWBMJFSEF#VOHF(FSNBO$IJOF
6TBHFTQJDF TJTDIFS 1GFFS
4FDI [
VBO1GFFS
4JDIVBO 1GFG
1BSUT6TFEGSVJU GFS
5VTDIFOEF 4UBDIFMFTDIF 7JFUOBNFTF SBV
%JTUSJCVUJPO$IJOB
+BQBO
,PSFB
3JVLJV*TMBOET
5BJ TVOH
USPOH
XBO 6TBHFTQJDF
VTFEMJLFCMBDLQFQQFSMFBGBTTFBTPOJOH
1BSUT6TFETFFE
MFBG
#PJT%BMCZ%BWJETPO)BOFMU4DIVMU[F.P
UFM
%JTUSJCVUJPO/BOE$$IJOB
&"TJBQMBOUTJOUIFGPS
NFS4PWJFU6OJPO ;
;*/(*#&3#PFIN(JOHFS;JOHJCFSBDFBF
;BOUIPYZMVNBWJDFOOBF -BNL
%$
;JOHJCFSDISZTPTUBDIZT3JEMFZ
;FSVNCFUTQFDJPTVN+88FOEM $PNNPO/BNFT(FSNBO(PMEISJHFS*OHXFS.BMBZ
TJBOMFNQVJ
"MQJOJB[FSVNCFU 1FST
#-#VSUUFU3.4N 6TBHFTQJDF MPDBMMZ
1BSUT6TFESIJ[PNF
%JTUSJCVUJPO.BMBZTJB
;*/(*#&3#PFIN(JOHFS /PUF"MUFSOBUJWFGPS;JOHJCFS[FSVNCFU -
+&4N
;JOHJCFSBDFBF
#VSLJMM (V[NBO4JFNPOTNB )PMUUVN ,VNBS
5IFJMBEF
;JOHJCFSBNBSJDBOT#M
;JOHJCFS[FSVNCFU -
3PTDFY4N ;JOHJCFSMJUUPSBMF7BM
;JOHJCFS[FSVNCFU -
3PTDFY4N
;JOHJCFSBSPNBUJDVN/PSPOIB
;JOHJCFSPDJOBMF3PTD ;JOHJCFSMVSJEVN4BMJTC
; ;JOHJCFSDBTTVNVOBS3PYC
;*/(*#&3#PFIN(JOHFS;JOHJCFSBDFBF
;JOHJCFSNJPHB 5IVOC
3PTD
4ZOPOZNT"NPNVNNJPHBVOC
$PNNPO/BNFTNJPHB HJOHFS
+BQBOFTF XJME
HJO
HFS"SBCJD[BOHBCFFM
$IJOFTFYJBOHIF
KBOHIP
'SFODI [EPBJSF (FSNBO +BQBOJTDIFS *OHXFS
+BQBOJOHXFS*UBMJBO[FO[FSP+BQBOFTFNZPVHB
NJPHB,PSFBOZBOHIB.BMBZTJBOUFNVLVOJOH
1PSUVHVFTFHFOHJCSF3VTTJBOJNCJS4QBOJTIKFO
HJCSF
6TBHFTQJDF
1BSUT6TFESIJ[PNF
%JTUSJCVUJPO+BQBO
$IJOB
*OEJB
BMTP DVMUJWBUFE JO &
"TJB$IJOB
+BQBO
,PSFB
)BXBJJ
/PUFFSIJ[PNFTIBWFBCFSHBNJUMJLFBWPS
;JOHJCFSPGGJDJOBMF
GSFTISIJ[PN
"CFFUBM#PJT%BWJETPO%VLF"ZFOTV&S
IBSEUFUBM(V[NBO4JFNPOTNB)BOFUBM)BOFMU
+VOH)ZF4IJOFUBM.FMDIJPS,BTUOFS4DIVMU[F
.PUFM 4FJEFNBOO D 4FJEFNBOO4JFCFSU 4NBMM
4UBFTDIF5VGFMFUBM5FVTDIFS6QIPG CJFS 4QBOJTI KFOHJCSF
HFOHJCSF PDJOBM BJ
8JFSTFNB-FO;FWFOEF8FU LIJOH
LIJOHEBFOH5VSLJTI[FOU[FQIJM7JFUOBN
FTFHVOH
6TBHFTQJDF
GSFTI
ESZ
DBOEJFE
TIPPUT
BOE QSF
;JOHJCFSNPOUBOVN ,PFOJH
%JFUSJDI TFSWFT
QSPEVDUFTTFOUJBMPJM
1BSUT6TFESIJ[PNF
;JOHJCFSDBTTVNVOBS3PYC %JTUSJCVUJPOGSFRVFOU DVMUJWBUFE JO UIF 5SPQJDT
TQF
DJBMMZ JO USPQJDBM "TJB $IJOB
*OEJB
*OEPOFTJB
BOE"VTUSBMJB
8"GSJDBQSPCBCMFPSJHJOJOUSPQJ
;JOHJCFSOJHSVN(BFSUO DBM"TJB
/PUF'SFTI HJOHFSSIJ[PNF BSF PFO DBOEJFE BOE
"MQJOJBOJHSB (BFSUO
#VSUU VTFEJODPOGFDUJPOFSZ
"LIJMB5BXBSJB"SJT"UBMFUBM#BSUMFZ#BSU
MFZ'PMFZ #BSUMFZ+BDPCT #FFL FU BM #PJT
;JOHJCFSPGGJDJOBMF3PTD
#PJTWFSU)VCFS #VSLJMM
$IFO)P $IFO FU BM
$POOFMM$POOFMM+PSEBO$SB[F%BLF
4ZOPOZNT"NPNVN BOHVTUJGPMJVN 4BMJTC
"NP %BMCZ%BT4BSNB%BWJETPO%VEUTDIFOLPFUBM
NVN[JOHJCFS-
;JOHJCFSBSPNBUJDVN/PSPOIB
%VLFFUBM&SMFSFUBM'BMDI'BSSFMM
;JOHJCFS[JOHJCFS,BSTU 'FSSP (FSNFS'SBO[ (PQBMBN3BUOBNCBM (P
WJOEBSBKBOB(PZBM,PSMB(VSJC'BLJNFUBM(V[
$PNNPO/BNFTHJOHFS
DPNNPO HJOHFS "SBCJD BM
NBO4JFNPOTNB )BOFMU )BSUNBOO,TUOFS
[BOHBCFFM
[FOKBCJM$IJOFTFDIJBOH
KJBOH%VUDI )FSLMPUT )FSSNBOO )JMMFS.FM[JH )PINBOO FU
HFNCFS 'SFODI HJOHFNCSF (FSNBO &DIUFS BM)PQQF)VUUPOMFFFUBM+BOTFO
*OHXFS
*OHXFS )JOEJ BEB
BMF
BESBL
TPOUI +JB+JV+VJ4FO+VOH)ZF4IJOFUBM,BOHKJO$IPFUBM
*OEPOFTJBO KBIF
KBF
MJB *UBMJBO [FO[FSP PDJ ,JLV[BLJFUBM,JNFUBM,SJTIOBNVSUIZFUBM
OBMF+BQBOFTFTIPHB
TIPVHB,PSFBOTBFOHHBOH
,VNBS-BSLDPN-BSTFOFUBM-BXSFODF3FZOPMET
-FWFSJOHUPO.BDMFPE1JFSJT.BHEB.BT
TBFZBOH .BMBZTJBO IBMJZB
KBIJ
BUVKB 1JMJQJOP
DPMPFUBM.BJTUSF.B[[B0IBN.FMDIJPS,BTU
MVZB
CBTFOH
MBZB1PSUVHVFTFHFOHJCSF
HFOHJCSF OFS.JZB[BXB,BNFPLB.PSSJT.BDLMFZ/BJSFU
BNBSFMP
HFOHJCSFEBTCPUJDBT3VTTJBOJNCJS
FMKZ BM/BSBTJOHB3BP OPZFBS
/BUBSBKBOFUBM/FXBMMFU
LPSFO
[JOHJCFS 4BOTLSJU BSESBLB GSFTI HJOHFS
TJOHBCFSB
TVOUIJ ESZ HJOHFS
4MPWBLJBO EVN
BM /JTIJNVSB /PSNBO 0OZFOFLXF)BTIJNPUP
0QEZLF D 1SF[(MWF[.OHVF[.PTRVFSB 1F ;
;*/(*#&3#PFIN(JOHFS;JOHJCFSBDFBF
UFS1PDIMKPCLJO
1SVUIJ1TDIZSFNCFM
3PTFOHBSUFO3PUI,PSNBOO4BLBXVSB4DIFODL
/BVOEPSG 4DISEFS 4DIVICBVN'SBO[ 4DIVM
U[F.PUFM4FJEFNBOOD4FJEFNBOO4JFCFSU4FM
CJUTDILB 4IBSNB 4IBSQOFM 4JFXFL 4NBMM
4NJUI 4UBFTDIF 4UFJOFHHFS4UDL 5VGFM
FUBM5FVTDIFS5IPEF4POOUBH5IPEF4POOUBH
5PNMJOTPO 6QIPG 7BVQFM C7JMMBNBS FU BM
8BHOFS 8FTUFSNBOO 8)0 8JFSTFNB-FO
8JOUFSUPO3JDIBSETPO8POH8V8TUFO
GFME)BFOTFM8ZLFUBM:BKJOH4IBPFUBM:VTVG
FUBM;BSBUF:FPNBO;FWFOEF8FU;IBOHFUBM
;JOHJCFSQVSQVSFVN3PTD
;JOHJCFSDBTTVNVOBS3PYC
;JOHJCFSTQFDUBCJMF (SJGGJUI
/PU
1BSUT6TFESIJ[PNF
%JTUSJCVUJPO.BMBZTJBO1FOJOTVMB
BJ1FOJOTVMB HJCSFBNBSHP 4QBOJTI KFOHJCSF BNBSHP BJ
LBUIVF
LBUIVFQB
LBXBFO
&SIBSEUFUBM(V[NBO4JFNPOTNB)PMUUVN-BST 6TBHFTQJDF
FOFUBM8POH
1BSUT6TFESIJ[PNF
%JTUSJCVUJPO4& "TJB QSPCBCMZ JOEJHFOPVT UP *OEJB
DVMUJWBUFEJO*OEJB
4SJ-BOLBBOE$IJOB
;JOHJCFSYBOUIPSSIJ[VN.PPO /PUF*O+BWBWBSBNBSJDBOT #M
FJMBEFPDDVSTXJME
BOEDVMUJWBUFE
WBSBSPNBUJDVN 7BM
FJMBEFJT
#PFTFOCFSHJBSPUVOEB -
.BOTG GPVOE DVMUJWBUFE BOE TPNFUJNFT XJME PS OBUJWF
XIFSFBTWBS[FSVNCFUJTPOMZLOPXODVMUJWBUFE
;JOHJCFS[FSVNCFU -
3PTDFY4N "SPOB1BOEFZ#PJT%BMCZ%BWJTEPO&SIBSEU
FUBM(V[NBO4JFNPOTNB)PMUUVN,VNBS
-BSTFO FU BM .FMDIJPS,BTUOFS 4DIVMU[F.PUFM
4ZOPOZNT"NPNVNTZMWFTUSF-BN
"NPNVN[FSVN 4FJEFNBOOB
D4FJEFNBOO4JFCFSU4IJPCBSBFUBM
CFU -
;JOHJCFS BNBSJDBOT #M
;JOHJCFS CMBODBJ 4UBFTDIF5VGFMFUBM5FVTDIFS6QIPG
)BTTL
;JOHJCFSMJUUPSBMF7BM 8JFSTFNB-FO8POH8TUOGFME)BFOTFM:VTVG
$PNNPO/BNFTXJMEHJOHFS
[FSVNCFUHJOHFS"NFSJ FUBM;FWFOEF8FU
DBO TIBNQPP HJOHFS 'SFODI HJOHFNCSF GPV
HJOHFSCSF CMBOD (FSNBO #JUUFSFS *OHXFS *OEP
OFTJBO MBNQVZBOH +BQBOFTF IBOBTIHB .B ;JOHJCFS[JOHJCFS,BSTU
MBZTJBO MBNQPZBOH
NQPKBOH
OPSPOIB 1JMJQJOP
;*;*1)03"- ;:(01):--6.-
-BNJBDFBF -BCJBUBF
;ZHPQIZMMBDFBF
;J[JQIPSBQVMFHJPJEFT -
%FTG ;ZHPQIZMMVNDPDDJOFVN-
)FEFPNBQVMFHJPJEFT -
1FST $PNNPO/BNFT"SBCJBO QFQQFS 'SFODI QPJWSF MFT
"SBCFT(FSNBO"SBCJTDIFS1GFFS
6TBHFTQJDF SBSFMZ
;J[JQIPSBUFOVJPS- 1BSUT6TFETFFE
%JTUSJCVUJPO/"GSJDB
"SBCJB
$PNNPO/BNFT(FSNBO +VEFOEPSO 3VTTJBO [J[J
GPSB #PJT
6TBHFTQJDF BWPSJOH
JO5VSLFZGPSZPHIVSU
1BSUT6TFEMFBG
%JTUSJCVUJPO$"TJB5VSLFZ "OBUPMJB
;ZHPQIZMMVNUSJEFOUBUVN4FTTFFU.P
%VEUTDIFOLP FU BM )BOFMU ,VMBLPWTLBZB .BC -BSSFBUSJEFOUBUB 4FTTFFU.P
FY%$$BW
CFSMZ4F[JLFUBM6QIPG
;ZHPQIZMMVNGBCBHP-
;045&3"-&FMHSBTT
;PTUFSBDFBF 1PUBNPHFUPOBDFBF
$PNNPO/BNFTCFBODBQFS
4ZSJBOCFBODBQFS'SFODI
GBCBHFMMF(FSNBO#PIOFOLBQFS3VTTJBOQBSOP
MJTUOJL
;PTUFSBNBSJOB- 6TBHFDPOEJNFOU
1BSUT6TFEPXFSCVE
4ZOPOZNT"MHB NBSJOB -BN ;PTUFSB NBSJUJNB /PUF4VCTUJUVUFGPSDBQFST $BQQBSJTTQJOPTB-
%VLF"ZFOTV&SIBSEUFUBM'MFJTDIIBVFS)BOFMU
4DIOFMMF4FJEFNBOOD5VGFMFUBM6QIPG
;PTUFSBNBSJUJNB(BFSUO
;PTUFSBNBSJOB-
;
3FGFSFODFT
"
"CBE'BSPPRJ
")
".JTSB
""/BRWJ
&GGFDU "CSBIBN
)
) 4FFCFS
,VMUVSWFSTVDIF NJU
PGQMBOUBHFPORVBMJUZBOERVBOUJUZPGPJMJO+BQB "DIJMMFB NPTDIBUB 8VMGFO %SPHFOSFQPSU
/P
OFTFNJOU*OEJBO1FSGVNFS
o
o
"CCJX
%,
6TFGVMQMBOUTPG(IBOB8FTU"GSJ "CSBIBN
,0
.- 4IBLBSBOBSBZBOB
# 3BHIBWBO
DBOVTFTPGXJMEBOEDVMUJWBUFEQMBOUT*OUFSNFEJ $1 /BUBSBKBO
"MMJVNWBSJFUJFT
DIFNJTU
BUF5FDIOPM1VCMJDBOEUIF3PZBM#PUBOJDBM(BS SZBOEBOBMZTJT-FCFOTNJUUFM8JTTV5FDIOPM
EFO
,FX-POEPO
6,
QQ o
"CEBMMB
.'
/".4BMFI
4(BCS
"."CV&ZUB
) "DBU
%
."DBU
7BOJMMB
RVFFOPGTQJDFT.B
&M4BJE
'MBWPOFHMZDPTJEFTPG4BMWJBUSJMPCB OVGBDUVSJOH$POGFDUJPOFS
/P
o
1IZUPDIFNJTUSZ
o "EBN
&
8.IMFOCBVFS
"&TQFS
88PMG
84QJFTT
"CF
.
:0[BXB
:6EB
::BNBEB
:.PSJNJUTV
: 2VBMJUZDIBOHFTPGPOJPO "MMJVNDFQB-
BT
/BLBNVSB
5 0TBXB
-BCEBOFUZQF EJUFS BGGFDUFECZESZJOHQSPDFTT/BISVOH
o
QFOF EJBMEFIZEF
QVOHFOU QSJODJQMF PG NZPHB
"EFHPLF
&"
" "LJTBOZB
4); /BRWJ
4UV
;JOHJCFS NJPHB 3PTDPF #JPTDJ
#JPUFDIOPM
#JP EJFTPG/JHFSJBONFEJDJOBMQMBOUT*"QSFMJNJOBSZ
DIFN
o TVSWFZPGQMBOUBMLBMPJET+8FTU"GSJD"TTPD
"CFM"MMB&M4BZFE
".
")VTTFOFZ
"*:BTTB
o
#FTUBOEUFJMFEFS/JHFMMBTBUJWB&YUSBLUFVOE"VT "EFHPLF
(0
#+ 4IVSB
/VUSJUJPOBM QSPGJMF
XFSUVOH EFT )FNNFGGFLUFT BVG 8BDITUVN VOE BOEBOUJNJDSPCJBMTQFDUSVNPGUIFTQJDF"GSBNP
"GMBUPYJO1SPEVLUJPOWPO"TQFSHJMMVTQBSBTJUJDVT NVNEBOJFMMJ , 4DIVN 1MBOUT 'PPE GPS )VNBO
%UTDI-FCFOTNJUUFM3ETDI
o /VUSJU
o
"CPVUBCM
&"
/. 4PLLBS
3." .FHJE
)- EF "EFHPLF
(0
0 .BLJOEF ,0 'BMBEF
1* 6[PQF
1PPUFS
).BTPVE
$PNQPTJUJPOBOENJDSP UFST
&YUSBDUJPO BOE DIBSBDUFSJ[BUJPO PG
CJBMBDUJWJUZPG0UPTUFHJBGSVUJDPTB'PSSTLPJM+&TT BOUJPYJEBOUT GSPN "GSBNPNVN NFMFHVFUB BOE
0JM3FT
o 9ZMPQJBBFUIJPQJDB&S'PPE3FT5FDIOPM"
"CPV;JFE
&/
5IF TFBTPOBM WBSJBUJPOT PG o
HSPXUI BOE WPMBUJMF PJM JO UXP JOUSPEVDFE UZQFT "EFTJOB
4,
'VSUIFS OPWFM DPOTUJUVFOUT PG
PG .BKPSBOB IPSUFOTJT .PFODI
HSPXO JO &HZQU ;BOUIPYZMVN[BOUIPYZMPJEFTSPPUBOEQFSJDBSQ+
1IBSNB[JF
o /BUVS1SPEVDU
o
"CSBIBN
%+
+5SPKBOBL
)1.VFO[JOH
))4'POH
"EFTPHBO
&,
5SJUIJPMBOJBDJO
B OPWFM USUIJP
4USVDUVSFFMJDJEBUJPOPGNBZUFOPOJDBDJE
B MBOFGSPN1FUJWFSJBBMMJBDFB+DIFN4PD$IFN
OFX USJUFSQFOF GSPN .BZUFOVT TFOFHBMFOTJT + $PNNVO -POEPO
o
1IBSN4DJ
o "EFXVONJ
$0
4,"EFTJOB
70.BSRVJT
0O
4QSJOHFS7FSMBH#FSMJO)FJEFMCFSH
3FGFSFODFT
UIF MBCPSBUPSZ BOE GJFME USJBMT PG 5FUSBQMFVSB UF "IBNFE
;'
".&M.PHIB[Z4IPBJC
(.8BTTFM
USBQUFSB#VMM"OJNBM)FBMUI1SPEVDUJPOJO"GSJ 4.&M4BZZBE
1IZUPDIFNJDBMTUVEZPG-BO
DB
o UBOBDBNBSB*1MBOUBNFE
o
"FEP
$
33. 7BMWFSEF
.5 5FMMFSB
. 7FMBZBT
"IO
#
$#:BOH
7PMBUJMFGMBWPSDPNQPOFOUTPG
#PUOJDBZCPUOJDPTFO(VJOFBFDVBUPSJBM CBOHBI "HBTUBDIFSVHPTB0,VOU[F
IFSC,PSF
3FBM+BSEO#PUOJDB $4*$
"HSFODJB&TQBPMBEF BO+'PPE4DJ5FDIOPM
o
$PPQ*OUFSOBDJBM "&$*
.BESJE
QQ "IO
#;
$BUFDIJOUSJNFSFOBVTEFS&JDIFOSJO
"E[FU
5
3(SBOHFS
+1BTTFU
34BO.BSUO
.4JNO
EF VOE EFS 5PSNFOUJMMXVS[FM %UTDI "QPUIFLFS
$IJNJPUZQFT EF 5IZNVT IZFNBMJT -BOHF ;UH
1MBOUFT.FE1IZUPM
o "ISP
.
.)BLBMB
+4JIWPOFO
+,BVQQJOFO
),BM
"HBSXBM
74
&DPOPNJDQMBOUTPG*OEJB,BJMBTL MJP
-PXSFTPMVUJPOHBTQIBTF'5*3NFUIPE
1SBLBTUBO$BMDVUUB *OEJB
QQ GPSUIF EFUFSNJOBUJPO PG UIF MJNPOFOFDBSWPOF
"HHBSXBM
,,
414,IBOVKB
"UFFRVF"INBE
534 SBUJP JO TVQFSDSJUJDBM $0FYUSBDUFE DBSBXBZ GSVJU
,VNBS
7,(VQUB
4,VNBS
"OUJNJDSPCJBM PJMT+"HSJD'PPE$IFN
o
BDUJWJUZQSPGJMFTPGUIFUXPFOBOUJPNFSTPGMJNP "JDIFMF
%
)84DIXFHMFS
%JF#MUFO
OFOF BOE DBSWPOF JTPMBUFE GSPN UIF PJMT PG .FO QGMBO[FO.JUUFMFVSPQBT'SBODLI,PTNPT7FSMBHT
UIB TQJDBUB BOE "OFUIVN TPXB 'MBWPVS 'SB (NC) $P 4UVUUHBSU #E
QQ
#E
HSBODF+
o
QQ
#E
QQ
#E
"HOFT
)
15FJTTFJSF
&TTFOUJBMPJMPG'SFODIMB QQ
#E
QQ
WFOEFS1FSGVNFS'MBWPSJTU
o "JU[FNMMFS
,
4DIXBS[LNNFMMF+#FS#VO
"IMFSU
#
*,KFS
-FCFOTNJUUFMQSPEVLUJPOJOEFS EFTBOTUBMU G (FUSFJEF
'FUU V ,BSUPGGFMGPSTDI
&OUXJDLMVOHT[VTBNNFOBSCFJU BN #FJTQJFM EFT QQ
1GFGGFST;&SOISVOHTLPM
o "KBP
"0
'&NFMF
#'FNJ0OBEFLV
"OUJCBD
"IMFSU
#
* ,KFS
# -JFCF
5 EF 7SJFT
3 8FEFLJOE
UFSJBM BDUJWJUZ PG &VQIPSCJB IJSUB 'JUPUFSBQJB
2VBMJUUTWFSCFTTFSVOHWPOTDIXBS[FO1GFG o
GFSBVG&S[FVHFSFCFOF;"S[OFJ(FXS[QGMBO "LBJ
#
% ,VUSBL
7FSTVDITLVMUVSFO WPO
[FO
/P
o "NNJWJTOBHB -
-BNVOE"NNJNBKVT-1MBOUB
"IBNFE
(
' &M%JO
. +BDRVFT
3MF EF MB NFE
UFNQFSBUVSFEBOTMBNJTFGMFVSTEV$BMBNJOUIB "L"TTJ
-
4JUB(VJOLP
1MBOUFTVTFEJOUSBEJ
PGGJDJOBMJT TTQ OFQFUPJEFT +PSEBO $PNQU 3FOE UJPOBMNFEJDJOFJO8FTU"GSJDB&EO3PDIF
#BTFM
IFCE4BODFTM"DBE4DJ
%
o 4XJU[FSMBOE
QQ
"INFE*KB[
3BJ:BRVC
.8"LIUBS
%JTUSJCVUJ "LHM
"
B7PMBUJMFPJMDPNQPTJUJPOPGTXFFUCB
POPGGBUUZBDJETJOUIFUSJHMZDFSJEFTPG$BSVNDPQ TJMDVMUJWBUJOHJO5VSLFZ/BISVOH
o
UJDVN1SPD1BLJTUBO"DBE4DJ
o "LHM
"
C"OFXTQJDFGSPN5VSLFZ-BTFSUSJ
"INFE
+
64 4IJWIBSF
( 4JOHI
%SZJOH MPCVN -
#PSLI"DUB"MJNFOUBSJB #VEBQFTU
DIBSBDUFSJTUJDT BOE QSPEVDU RVBMJUZ PG DPSJBOEFS o
MFBWFT 'PPE #JPQSPEVDUT 1SPDFTTJOH $
"LHM
"
" SFWJWFE GMBWPVS $BQFST $BQQBSJT
o TTQ
'PPE (JEB
o JO5VSLJTI
"INFE
,.
".,IBUUBC
&".&M,ISJTZ
";"C "LHM
"
" #BZSBL
$POTUJUVFOUT PG FTTFOUJBM
EFM"NJE
$POTUJUVFOUT BOE NPMMVTDJDJEBM PJMTGSPN0SJHBOVNTQFDJFTHSPXJOHXJMEJO5VS
BDUJWJUZPGUIFBFSJBMQBSUTPG"DBDJBTBMJHOB
$ISZ LFZ1MBOUBNFE
TBOUIFNVNDPSPOBSJVNBOE$QBSUIFOJVN#VMM "LHM
"
. ,JWBO
*OIJCJUPSZ FGGFDUT PG TJY
/BUM3FT$FOUSF$BJSP
o 5VSLJTIUIZNFMJLFTQJDFTPOTPNFDPNNPOGPPE
"INFE
.
384DPSB
*15JOH
$PNQPTJUJPOPG CPSOFCBDUFSJB/BISVOH
o
MFBGPJMPG)ZQUJTTVBWFPMFOT -
1PJU+&TT0JM3FT "LHM
"
.,JWBOD
"#BZSBL
$IFNJDBMDPN
o QPTJUJPOBOEBOUJNJDSPCJBMFGGFDUPG5VSLJTIMBVSFM
"INFE
.
*5JOH
384DPSB
-FBGPJMDPNQPTJ MFBGPJM+&TT0JM3FT
o
UJPOPG4BMWJBIJTQBOJDB-GSPNUISFFHFPHSBQIJD "LIJMB
"
%7 #BOUIPSQF
#JPTZOUIFTJT PG UIF
BSFBT+&TT0JM3FT
o
3FGFSFODFT
ZJFMEJODIJMMJ $BQTJDVNBOOVVN-
4PVUI*OEJBO "OPOZN
4QJDFT BOE DPOEJNFOUT o #PUBOJDBM
)PSUJDVMU
o OPNFODMBUVSF*OUFSOBU0SHBOJ[4UBOEBSEJ[BUJPO
"OEFSTPO 4JNPO
( ( .VSBMFFEIBSBO /BJS
$ 3PN
*40%*4
QQ
"NJUBCI
.PSSJTPO&SSPM
4VQFSDSJUJDBMGMVJE "OPOZN
8BOEFSXFHF EFS /BUVS JO "LBNBT
DBSCPO EJPYJEF FYUSBDUJPO PG BOOBUUP TFFET BOE 'SFNEFOWFSLFIST[FOUSBMF ;ZQFSO
'PSUTXJSU
RVBOUJGJDBUJPOPGUSBOTCJYJOCZIJHIQFSGPSNBODF TDIBGUM"CU/JLPTJB
;ZQFSOQQ
MJRVJEDISPNBUPHSBQIZ1IZUPDIFN"OBM
o "OPOZN"DIJMMFBo#PUBOJL
*OIBMUTTUPGGF
"OB
MZUJLVOE8JSLVOH 8PSLTIPQ
%SPHFOSFQPSU
"OEPSO
5.
/7#FMPWB
("%FOJTPWB
&TTFO /P
QQo
UJBMPJMBOEDPVNBSJODPNQPOFOUTPG3VUBHSBWF "OPOZN
3FE(SFFLTBGGSPO
UIFNPTUQSFDJPVT
PMFOTHSPXOJO.PMEBWJB)FSCBIVOH
/P
TQJDFJOUIFXPSME'PPEGSPN(SFFDF
/P
o
o
"OESFXT
"$
4BHFBTBDPOEJNFOUJOUIF(SBF "OPOZN
1JTUB[JFO BVT ,BMJGPSOJFO /BUVSXJTT
DP3PNBOBFSB&DPO#PU
o 3ETDI
"OESFXT
+
1FQQFST5IFEPNFTUJDBUFEDBQTJ "OPOZN
-B GBNJMJB 4PMBOBDFBF FO +BMJTDP &M
DVN6OJW5FYBT1SFTT"VTUJO
5FY
QQ HOFSP 1IZTBMJT 6OJW %F (VBEBMBKBSB
+BMJTDP
"OESFXT
+
5IFQFQQFSMBEZTQPDLFUQFQQFS .FYJDP
QQ
QSJNFS6OJW5FYBT1SFTT"VTUJO5FY
QQ "QFMBOE
+
'BDUPST BGGFDUJOH SFTQJSBUJPO BOE
"OH
$:8
:BOZBO $VJ
)$ $IBOH
8FOIPOH -VP
DPMPVS EVSJOH TUPSBHF PG QBSTMFZ "DUB )PSUJDVMU
5.)FJO[F
-+-JO
".BUUJB
%FUFSNJOBUJ
o
POPG4U+PIOTXPSUDPNQPOFOUTJOEJFUBSZTVQ "QQFOEJOP
(
$SJTQPMPJEF
BOVOVTVBMIZESP
QMFNFOUTBOEGVODUJPOBMGPPETCZMJRVJEDISPNB QFSPYZTFTRVJUFSQFOF MBDUPOF GSPN 5BOBDFUVN
UPHSBQIZ+"0"$JOUFSOBU
o WVMHBSF1IZUPDIFNJTUSZ
o
"OHJPOJ
"
"#BSSB
."SMPSJP
+%$PJTTPO
.53VT "QQFOEJOP
(
1 (BSJCBMEJ
(. /BOP
1 5UOZJ
TP
'.1JSJTJ
.4BUUB
1$BCSBT
$IFNJDBM 5FUSBIZESPGVSBOUZQF UFSQFOPJET GSPN 5B
DPNQPTJUJPO
QMBOU HFOFUJD EJGGFSFODFT
BO BOUJ OBDFUVNWVMHBSF1IZUPDIFNJTUSZ
o
GVHBM BDUJWJUZ PG UIF FTTFOUJBM PJM PG )FMJDISZTVN "QQFOEJOP
(
45BHMJBQJFUSB
(./BOP
++BLVQP
JUBMJDVN(%POTTQNJDSPQIZMMVN 8JMME
/ZN+ WJD
4FTRVJUFSQFOF DPVNBSJO FUIFST GSPN
"HSJD'PPE$IFN
o BTBGPFUJEB1IZUPDIFNJTUSZ
o
"OHJPOJ
"
" #BSSB
.5 3VTTP
7 $PSPOFP
4 %FT "RVJOP
3
* #FIBS
1 (BS[BSFMMB
" %JOF
$ 1J[[B
TJ
1 $BCSBT
$IFNJDBM DPNQPTJUJPO PG UIF $PNQPTJ[JPOFDIJNJDBFQSPQFSJFUCJPMPHJ
FTTFOUJBM PJMT PG +VOJQFSVT GSPN SJQF BOE VOSJQF DIFEFMMB&SZUISBFBDFOUBVSJVN3BGO#PMM4PD*UBM
CFSSJFTBOEMFBWFTBOEUIFJSBOUJNJDSPCJBMBDUJWJUZ #JPM4QFS
o
+"HSJD'PPE$IFN
o "SBOB
'&
"DUJPOPGBHMVDPTJEBTFJOUIFDV
"OKBOFZBMV
:7
%$ (PXEB
4UVEJFT PO UIF SJOHPGWBOJMMB'PPE3FT
o
NBKPSBDJEJDQPMZTBDDIBSJEFGSPNUIFTFFENVDJ "SBVKP
$$
-- -FPO
#JPMPHJDBM BDUJWJUJFT PG
MBHF PG 0DJNVN DBOVN 0DJNVN BNFSJDBOVN
$VSDVNB MPOHB - .FN *OTU 0TUXBMEP $SV[
$VSSFOU4DJ
o o
"OLMBN
&
" .MMFS
&YUSBLUJPO WPO 7BOJMMJO "SDIFS
"8
"OBMZTJT PG WBOJMMF FTTFODFT CZ
VOE &UIZMWBOJMMJO BVT 7BOJMMF[VDLFSO WFSTDIJF IJHIQFSGPSNBODF MJRVJE DISPNBUPHSBQIZ +
EFOFS FVSPQJTDIFS 1SPWFOJFO[FO NJU )JMGF WPO $ISPNBUPHSBQIZ
o
CFSLSJUJTDIFN ,PIMFOEJPYJE %UTDI -FCFOTNJU "SDUBOEFS
4
1FSGVNF BOE GMBWPS NBUFSJBMT
UFM3ETDI
o PG OBUVSBM PSJHJO 4FMG QVC
&MJ[BCFUI
/+ 64"
"OOBNBMBJ
+,
3+ 1BUJM
5% +PIO
*NQSPWFE QQ
DVSJOHNFUIPETGPSMBSHFDBSEBNPN4QJDF*OEJB "SHBPTB
($
'8 4PTVMLJ
"& 4MJLBSE
4FFE
o ZJFMET BOE FTTFOUJBM PJM PG OPSUIFSOHSPXO DPSJ
"OPOZN
OPZFBS
4BGSBOo$SPDVTTBUJWVT-.VTF BOEFS $PSJBOESVN TBUJWVN -
+ )FSCT
4QJDFT
EF M"MJNFOUBUJPO 7FWFZ 4XJU[FSMBOE
%SVDL .FE1MBOUT
o
TDISJGU
QQ "SJB
"
*"SCFSBT
.+-FJUPO
.EF3FOPCBMFT
+#
3FGFSFODFT
DB %VOBM
"3JDIBSEGSPN#FOJO'MBWPVS'SB 3JDIFSJOH
$PNQPTJUJPOBOEGMBWPVSPGOVU
HSBODF+
o NFHPJMT *OUFSOBU 'MBWPVST 'PPE "EEJUJWFT
"ZFOTV
&4
.FEJDJOBMQMBOUTPGUIF8FTU"GSJ o
DBO3FGFSFODF1VCM*OD
"MHPOBD
.JDIQQ #BMMBSJO
$
+#BMMBSJO
;VSEOOTDIJDIUDISPNB
"ZGFS
.
-B DVMUVSF EV QJTUBDIJFS FO5VSRVJF UPHSBQIJTDIFO6OUFSTDIFJEVOHWPO'FODIFMVOE
'SVJUT
o "OJTM1IBSNB[JF
"ZVHB
$
.3FCVFMUB
"DPNQBSBUJWFTUVEZPG #BOEZPQBEIZBZ
$
74 /BSBZBO
14 7BSJZBS
QIFOPMJD BDJET PG )ZQFSJDVN DBQSJGPMJVN #PJTT 1IFOPMJDTPGHSFFOQFQQFSCFSSJFT 1JQFSOJHSVN
BOE )ZQFSJDVN QFSGPSBUVN - "O 3FBM "DBE -
+"HSJD'PPE$IFN
o
'BSN
o #BOP
.+EFM
+-PSFOUF
+$BTUJMMP
0#FOBWFOUF(BS
"[FWFEP
/3
*'1$BNQPT
)%'FSSFJSB
5"1PSUFT
DJB
+"EFM3JP
"0SUVOP
,82VJSJO
%(FSBSE
4$4BOUPT
+$4FSBQIJO
+31BVMB
1)'FSSJ
1IFOPMJD EJUFSQFOFT
GMBWPOFT
BOE SPTNB
$IFNJDBM WBSJBCJMUZ JO UIF FTTFOUJBM PJM PG )ZQUJT SJOJD BDJE EJTUSJCVUJPO EVSJOH UIF EFWFMPQNFOU
TVBWFPMFOT1IZUPDIFNJTUSZ
o PG MFBWFT
GMPXFST
TUFNT
BOE SPPUT PG 3PTNBSJ
OVTPGGJDJOBMJT"OUJPYJEBOUBDUJWJUZ+"HSJD'PPE
$IFN
o
# #BOTBM
31
+3#BIM
4/(BSH
""/BRWJ
44IBSNB
.VOJ3BN
4VTIJM,VNBS
7BSJBUJPOJORVBMJ
#BCBZBO
7,
% ,PPUVOHBM
(" )BMBCZ
1SP UZPGFTTFOUJBMPJMEJTUJMMFEGSPNWFHFUBUJWFBOESF
YJNBUF BOBMZTJT
GBUUZ BDJE BOE BNJOP BDJE DPN QSPEVDUJWFTUBHFTPG5BHFUFTNJOVUBDSPQHSPXO
QPTJUJPOPG/JHFMMBTBUJWB-TFFET+'PPE4DJ
JOOPSUI*OEJBQMBJOT+&TT0JM3FT
o
o #BSCFSO
'"5
-)FSOOEF[
'5PNT
"DIF
#BDIUIBMFS
(
$I 'SBO[
% 'SJU[
+ )M[M
"7NFM
NPUBYPOPNJDTUVEZPGGMBWPOPJETJO5IZNFDBQJ
7FSHMFJDIFOEF 6OUFSTVDIVOHFO WFSTDIJF UBUB1IZUPDIFNJTUSZ
o
EFOFS)FSLOGUFVOE4PSUFOWPO.FOUIBQJQFSJUB #BSCFUUJ
1
( (SBOEPMJOJ
( 'BSEFMMB
* $IJBQQJOJ
5FJM#BZFS-BOEXJSUTDI+C
o *OEPMFBMLBMPJETGSPN2VBTTJBBNBSB1MBOUB
#BEPD
"
"-BNBSUJ
"DIFNPUBYPOPNJDFWB NFE
o
MVBUJPOPG"OFUIVNHSBWFPMFOT- EJMM
PGWBSJPVT #BSCVU
4
%# +PTFQITPO
" .BVSFS
"OUJPYJ
PSJHJOT+&TT0JM3FT
o EBOU QSPQFSUJFT PG SPTNBSZ PMFPSFTJO JO 5VSLFZ
#BFS
%'
4ZTUFNBUJDT PG UIF HFOVT #JYB BOE TBVTBHF+'PPE4DJ
o
HFPHSBQIZ PG UIF DVMUJWBUFE BOOPUUP USFF 1I% #BSFO
$.
-WBO.VTDIJFUUJ
1EJ-FP-JSB
+%$PVT
UIFTJT
6OJWPG$BMJGPSOJB
-PT"OHFMFTQQ%JT TJP
"-#BOEPOJ
7PMBUJMFDPOTUJUVFOUTGSPN
TFSUBUJPOT"CTUS*OUFSOBU#
# BSFBM QBSUT PG $VOJMB TQJDBUB + &TT 0JM 3FT
#BILBMJ
")
." )VTTBJO
"": #BTBIZ
1SP o
UFJOBOEPJMDPNQPTJUJPOPGTFTBNFTFFET 4FTB #BSNJOBT
+5
.,+BNFT
6."CVCBLBS
$IF
NVNJOEJDVN-
HSPXOJOUIF#J[BOBSFBPG4BVEJ NJDBM DPNQPTJUJPO PG TFFET BOE PJM PG 9ZMPQJB
"SBCJB*OUFSOBU+'PPE4DJ/VUSJU
o BFUIJPQJDBHSPXOJO/JHFSJB1MBOU'PPET)VNBO
#BIM
$1
534FTIBESJ
5/$7FEBOUIBN
1SF /VUSJU
o
QBSBUJPO PG CJYJO BOE NFUIZM CJYJO GSPN *OEJBO #BSOJDPBU
$
5IF SFBDUJPOT BOE QSPQFSUJFT PG
TFFETPG#JYBPSFMMBOB$VSS4DJ
o BOOBUUPBTBDIFFTFDPMPVS+%BJSZ3FT
o
#BIM
+3
4IXFUB 4JOIB
"" /BRWJ
31 #BOTBM
", #BSSBV
+
4VCTJTUBODFBHSJDVMUVSFJO1PMZOFTJB
(VQUB
4VTIJM,VNBS
-JOBMPPMSJDIFTTFOUJBM BOE .JDSPOFTJB #FSOJDF 1 #JTIPQ .VTFVN #VMM
PJMRVBMJUZWBSJBOUTPCUBJOFEGSPNJSSBEJBUFETUFN /P
QQ
OPEFT JO -JQQFB BMCB 'MBWPVS 'SBHSBODF +
#BSSFUU
%3
+&%'PY
B&BSMZHSPXUIPG4BOUB
o MVNBMCVNJOSFMBUJPOUPTIBEF"VTUSBM+#PU
#BJL
.VO$IBO
)P%[BO)PBOH
,)BNNFS
o
" DIFDLMJTU PG ,PSFBO DVMUJWBUFE QMBOUT ,VMUVS #BSSFUU
%3
+&%'PY
C4BOUBMVNBMCVNLFS
QGMBO[F
o OFM DPNQPTJUJPO
NPSQIPMPHJDBM BOE OVUSJFOU
#BMESZ
+
+ %PVHBO
84 .BUUIFXT
+ /BCOFZ
(3
3FGFSFODFT
DIBSBDUFSJTUJDT PG QSFQBSBTJUJD TFFEMJOHT VOEFS #BFS
,)$
# %FNJSDJ
"" %PONF[
$PN
WBSJPVTOVUSJFOUSFHJNFT"OO#PU
o QPTJUJPO PG UIF FTTFOUJBM PJM PG 1FSJMMB GSVUFTDFOT
#SUFMT
"
'BSCBUMBT.FEJUFSSBOF1GMBO[FO7FS -
#SJUUPOGSPN5VSLFZ'MBWPVS'SBHSBODF+
MBH&6MNFS4UVUUHBSUQQ o
#BSUI
)+
$IS,MJOLF
$4DINJEU
5IFIPQBU #BFS
,)$
5[FL
.,SLDPHMV
(5NFO
B
MBT5IFIJTUPSZBOEHFPHSBQIZPGUIFPGUIFDVMUJ 5IFFTTFOUJBMPJMPG0SJHBOVNWVMHBSFTTQIJSUVN
WBUFEQMBOU'BDIWFSMBH)$BSM/SOCFSH
QQ PG5VSLJTIPSJHJO+&TT0JM3FT
o
#BSUMFZ
+1
"OFXNFUIPEGPSUIFEFUFSNJOB #BFS
,)$
';&SEFNHJM
5[FL
C&TTFOUJBM
UJPO PG QVOHFOU DPNQPVOET JO HJOHFS ;JOHJCFS PJMPG&DIJOPQIPSBUFOVJGPMJB-TVCTQTJCUIPSQJB
PGGJDJOBMF
+4DJ'PPE"HSJD
o OB (VTT
5VUJO+&TT0JM3FT
o
#BSUMFZ
+1
1 'PMFZ
4VQFSDSJUJDBM GMVJE FYUSBD #BFS
,)$
.,SLDPHMV
5[FL
$PNQPTJ
UJPO PG "VTUSBMJBOHSPXO HJOHFS ;JOHJCFS PGGJDJ UJPOPGUIF5VSLJTIDVNJOTFFEPJM+&TT0JM3FT
OBMF
+4DJ'PPE"HSJD
o
o
#BSUMFZ
+1
"-+BDPCT
&GGFDUTPGESZJOHPOGMB #BFS
,)$
5[FL
.5VUBT
$PNQPTJUJPOPG
WPVSDPNQPVOETJO"VTUSBMJBOHSPXOHJOHFS ;JO DPMEQSFTTFECFSHBNJUPJMGSPN5VSLFZ+&TT0JM
HJCFSPGGJDJOBMJT
+4DJ'PPE"HSJD
o 3FT
o
#BSUTDIBU
%
".PTBOEM
#VUZM IFYBIZESP
Q #BFS
,)$
.,VSLDVPMHV
#%FNJSDJ
50[FL
IUIBMJEF$IBSBLUFSJTUJTDIF*OIBMUTTUPGGFEFT4FMF 5IFFTTFOUJBMPJMPG0SJHBOVNTZSJBDVN-WBSTJ
SJFT(*5-BCPS'BDI[FJUTDIS
o OBJDVN #PJTT
-FUTXBBSU'MBWPVS'SBHSBODF+
#BSUVB
",
1 $IBLSBCBSUJ
., $IPXEIVSZ
"
o
#BTBL
,#BTV
5SJUFSQFOPJET5IFTUSVDUVSF #BFS
,)$
#%FNJSDJ
/,JSJNFS
'4BUJM
(5VNFO
BOETUFSFPDIFNJTUSZPGMBOUBOPMJDBDJEoBOFXUSJ 5IFFTTFOUJBMPJMPG5IZNVTNJHSJDVTBOE5
UFSQFOPJEGSPN-BOUBOBDBNBSB5FUSBIFESPO
GFEUTDIFFOLPJWBSIBOEFMJJGSPN5VSLFZ'MBWPVS
o 'SBHSBODF+
o
#BSVBI
"
4$/BUI
.PSQIPMPHZBOEFTTFOUJBM #BFS
,)$
5 [FL
5 %FNJSDJ
: 4BSJUBT
&T
PJMTPGUXP$JOOBNPNVNQBSUIFOPYZMPOWBSJBOUT TFOUJBMPJMPG$SJUINVNNBSJUJNVN-GSPN5VSLFZ
HSPXJOH JO /PSUI &BTU *OEJB + .FE "SPNBUJD +&TT0JM3FT
o
1MBOUT4DJ #
o #BTLFS
%
./FHCJ
6TFTPGTBGGSPO&DPO#PU
#BSVBI
"
4$ /BUI
$JOOBNPNVN BTTBNJ
o
DVN4$"#BSVBo"OFXTQFDJFTPG-BVSBDFBF #BTLFS
%
./FHCJ
$SPDFUJOFRVJWBMFOUPGTBG
GSPN/PSUIFBTUFSO*OEJB+&DPO5BYPO#PU
GSPOFYUSBDUTDPNQBSJTPOPGUISFFFYUSBDUJPONF
o UIPET+"TTPD1VCM"OBMZTJT
o
#BFS
,)$
5[FL
D$PNQPTJUJPOPGFTTFOUJBM #BTMBT
#,
3,#BTMBT
$IFNJDBMTUVEJFTPGUIF
PJMPG$BMBNJOUIBHSBOEJGMPSB1MBOUBNFE
FTTFOUJBMPJMGSPNUIFQMBOUTPG"OFUIVNHSBWFP
#BFS
,)$
5[FL
/,JSJNFS
C5IFFTTFOUJBM MFOT BOE "OFUIVN TPXB EJMM PJMT
*OEJBO 1FSGV
PJMPG-BTFSUSJMPCJVNGSVJUPG5VSLJTIPSJHJO+&TT NFS
o
0JM3FT
o #BUUFO
"
'MPXFSTPG4PVUIFSO"GSJDB'SBOETFO
#BFS
,)$
).BMZFS
&TTFOUJBMPJMPG5BHFUFT 1VCM 15:
-UE+PIBOOFTCVSH
4"GSJDB
QQo
NJOVUB-GSPN5VSLFZ+&TT0JM3FT
o
#BFS
,)$
/[USL
$PNQPTJUJPOPGUIFFT #BVFS
-
("EF"TTJT#SBTJMF4JMWB
0TMFPTFT
TFOUJBM PJM PG %PSZTUBFDIBT IBTUBUB
B NPOPUZQJD TFODJBMFTEF$IFOPQPEJVNBNCSPTJPJEFTF4DIJ
FOEFNJDGSPN5VSLFZ+&TT0JM3FT
o OVT UFSFCJOUIJGPMJVT OP 3JP (SBOEF EP 4VM 3FW
#BFS
,)$
5[FL
""LHM
(5NFO
B$PN #SBTJM'BSN
o
QPTJUJPO PG UIF FTTFOUJBM PJM PG /FQFUB SBDFNPTB #BZSBL
"
""LHM
7PMBUJMFPJMDPNQPTJUJPOPG
-BN+&TT0JM3FT
o 5VSLJTISPTF 3PTBEBNBTDFOB
+4DJ'PPE"HSJD
#BFS
,)$
5[FL
(5NFO
&4FT[JL
E$PN
o
QPTJUJPOPGUIFFTTFOUJBMPJMTPG5VSLJTI0SJHBOVN #BZTBM
5
%"+4UBSNBOT
4VQFSDSJUJDBMDBSCPO
TQFDJFT XJUI DPNNFSDJBM JNQPSUBODF + &TT 0JM EJPYJEFFYUSBDUJPOPGDBSWPOFBOEMJNPOFOFGSPN
3FT
o DBSBXBZTFFET+4VQFSDSJU'MVJET
o
3FGFSFODFT
#FBVCBJSF
/"
+& 4JNPO
&SUSBHTQPUFOUJBM #FOFSP
+3
"+ 3PESJHVF[
" $PMMB[P EF 3JWFSB
WPO #PSBHP PGGJDJOBMJT - *OUFSOBU 4ZNQ .FE 5BNBSJOE+BHSJD6OJW1VFSUP3JDP
/P
"SPNBUJD1MBOUT5IF)BHVF
"DUB)PSUJDVMU
QQ
o
o #FOL
&
CFSEJF7FSXFOEVOHEFS#MUFOEFT
#FDFMB%FMMFS
$IS
%JF8FJOSBVUF )FJMQGMBO[F 4DIXBS[FO)PMVOEFSTBMT-FCFOTNJUUFM3JFDITUPG
[XJTDIFO .BHJF VOE 8JTTFOTDIBGU %UTDI "QP GF
"SPNFO
,PTNFUJLB
UIFLFS;UH
o #FOPOJ
)
&OUIMUEFS4VNQGQPSTU"MLBMPJEF
#FDL
5" WBO
." 1PTUIVNVT
(1 -FMZWFME
)7 /BUVSXJTT3ETDI
o
1IJFU
#5:FO
*OWFTUJHBUJPO PG UIF FTTFO #FO[JOHFS
&
/BFMBWBOEVMF :VHPTMBWMBWFO
UJBMPJMPG7JFUOBNFTFHJOHFS1IZUPDIFNJTUSZ
EFS
'BSNBD(MBTOJL
/P
o
o #FSHFNBOO
-
.ZUSPYZMPO CBMTBNVN -
#FDLFS
&
CFSEJF7FSXFOEVOHEFS#MUFOEFT )BSNTWBSQFSFJSBF 3PZMF
#BJMMPO
EFS1FSTVCBM
)PMVOEFSTBMT-FCFOTNJUUFM3JFDITUPGGF
"SPNFO
TBN 1IBSNB[JF
o
o
o
,PTNFUJLB
o
o
#FDLFS
)
#BMESJBOoFJOFWJFMCFBSCFJUFUF%SP #FSHFS
'
;VS 4BNFOBOBUPNJF EFS ;JOHJCFSB
HF NJU WJFM VOHFMTUFO 1SPCMFNFO %UTDI "QP DFFO(BUUVOHFO&MFUUBSJB
"NNPNVNVOE"GSB
UIFLFS;UH
o NPNPN4DJJ1IBSNBD 7JFOOB
o
#FDLFS
)
7BMFSJBOBPGGJDJOBMJT-o#BMESJBO; #FSHFS
'
o)BOECVDIEFS%SPHFOLVOEF
1IZUPUIFS
o &SLFOOVOH
8FSUCFTUJNNVOH VOE "OXFOEVOH
#FJFS
3$
&)0FSUMJ
1TPSBMFOBOEPUIFSMJOFBS 7FSMBH GS NFE8JTTFOTDIBGUFO
8 .BVESJDI7J
GVSPDPVNBSJOT BT QIZUPBMFYJOT JO DFMFSZ 1IZUP FOOB#E6OUFSTVDIVOHTNFUIPEFO$PSUJDFTo
DIFNJTUSZ
o 'MPSFT
QQ#E'PMJB
QQ#E'SVDUVT
#FJFS
3$
(8*WJF
&)0FSUMJ
%-)PMU
)1-$ -JHOFB
QQ#E)FSCBF
QQ
BOBMZTJTPGMJOFBSGVSBOPDPVNBSJOT QTPSBMFOT
JO #E3BEJDFT
QQ#E#BMTBNF
)BS[F
IFBMUIZ DFMFSZ "QJVN HSBWFPMFOT
'PPE $IFN (VNNJIBS[F
.JMDITGUF
(VNNJ
&YUSBLUF
4B
5PYJDPM
o NFO
QQ #E (FTBNUSFHJTUFS
#FLFMF
+
")BTTBOBMJ
#MFOEFGGFDUTJOUIFUP QQ
YJDJUZPGUIFFTTFOUJBMPJMDPOTUJUVFOUTPG0DJNVN #FSHFS
'
/FVF &SLFOOUOJTTF BVG EFN (F
LJMJNBOETDIBSJDVNBOE0DJNVNLFOZFOTF -BCJ CJFU EFS ,BSEBNPNGPSTDIVOH (PSEJBO )BN
BUBF
POUXPQPTUIBSWFTUJOTFDUQFTUT1IZUPDIF CVSH
o
o
o
o
NJTUSZ
o o
o
#FMMBLIEBS
+
"* *ESJTTJ
4 $BOJHVFSBM
+ *HMFTJBT
3 #FSHFS
3
(FMCXVS[FM IJMGU .BHFO VOE -FCFS
7JMB
$PNQPTJUJPOPGMFNPOWFSCFOB "MPZ $VSDVNB MPOHB o QGMBO[MJDIFT "S[OFJNJUUFM NJU
TJBUSJQIZMMB<-)FSJU>#SJUUPO
PJMPG.PSPDDBOPSJ ;VLVOGU15"IFVUF
/P
o
HJO+&TT0JM3FT
o #FSHFS
8
%JF 1SPCFOBINF o FJOF XJDIUJHF
#FMMBSJUB
7
'4DIJBGFMMB
5.F[[FUJ
5SJUFSQFOP 7PSBVTTFU[VOHGSEJFBOBMZUJTDIF#FXFSUVOHWPO
JET PG $FOUBVSVN FSZUISFBF 1IZUPDIFNJTUSZ
)PQGFO VOE )PQGFOQSPEVLUFO -FCFOTNJUUFMJO
EVTUSJF
o
#FMMFTJB
'
6.1BHOPOJ
"1JOFUUJ
35SBWF
5IF #FSHFSPO
3
-B WBOJMMB PSJHJO
DVMUVSF
UFDI
CJPTZOUIFTJT PG EPMJDIPEJBM JO 5FVDSJVN NBSVN OPMPHJF
VUJMJTBUJPO -BCP1IBSNB1SPCMNT
1IZUPDIFNJTUSZ
o o
#FO"SJF
3
/4FHFM
4(VFMGBU3FJDI
5IFNB #FSHIGFS
3
+ )M[M
+PIBOOJTLSBVU )ZQFSJ
UVSBUJPOBOESJQFOJOHPGUIFXPOEFSGVMQPNFHSB DVN QFSGPSBUVN -
1SGVOH VOE 7FSGMTDIVOH
OBUF+"NFS4PD)PSUJDVMU4DJ
o %UTDI"QPUIFLFS;UH
o
#FOEFM
-
%BTHSPF'SDIUFVOE(FNTF-F #FSMJO
#
%&#SFFEMPWF
1)3BWFO
1SJODJQMFT
YJLPO1BUNPT7FSMBH(NC)%TTFMEPSG
QQ PG5[FMUBM QMBOU DMBTTJGJDBUJPO "O JOUSPEVDUJPO UP
#FOEJOJ
"
5(5PTDIJ
(-FSDLFS
"OUJPYJEBOU UIF CPUBOJFE FUIOPHSBQIZ PG CPUBOJFE .BZBO
BDUJWJUZPGPSFHBOP 0SJHBOVNWVMHBSF-
MFBWFT TQFBLJOHQFPQMFPG)JHIMBOE$IJBQBT"DBEFNJD
*UBM+'PPE4DJ
o 1SFTT/FX:PSL
-POEPO
QQ
3FGFSFODFT
#FSOUI
+
& /FNFUI
" ,BGGBB
& )FUIFMZ
PG UBNBSJOE 5BNBSJOEVT JOEJDB
LFSOFM QSPUFJO
.PSQIPMPHJDBMBOEDIFNJDBMFWBMVBUJPOPGGFOOFM 'PPE$IFN
o
'PFOJDVMVN WVMHBSF .JMM
QPQVMBUJPOT PG EJGGF #JBODIJOB
"
15PNJ
+$PTUB
"'#FSOBSEJOJ
SFOUPSJHJO+&TT0JM3FT
o $PNQPTJUJPO PG )FMJDISZTVN JUBMJDVN 3PUI
(
#FSOIBSE
)0
,5IJFMF
"EEJUJPOBMGMBWPOPJET %POGJM TVCTQ JUBMJDVN FTTFOUJBM GSPN $PSTJDB
GSPNUIFMFBWFTPG-BSSFBUSJEFOUBUB1MBOUBNFE 'SBODF
'MBWPVS'SBHSBDF+
o
o #JDDIJ
$
$'SBUUJOJ
$POTJEFSBOUTBOESFNBSLT
#FSOIBSE
3"
$IFNPUBYPOPNZ %JTUSJCVUJPO POUIFBOBMZTJTPG"OUIFNJTOPCJMJT-FTTFOUJBMPJM
TUVEJFT PG TVMQIVS DPNQPVOET JO "MMJVN 1IZUP CZ DBQJMMBSZ HBT DISPNBUPHSBQIZ BOEiIZQIFOB
DIFNJTUSZ
o UFEwUFDIOJRVFT+$ISPNBUPHS
o
#FSOBSE
3"
38SPMTUBE
5IF FTTFOUJBM PJM PG #JDDIJ
$
. 'SFTJB
1 3VCJPMP
% .POUJ
$ 'SBO[
*
4DIJOVTNPMMF
UIFUFSQFOFIZESPDBSCPOGSBDUJPO (PFIMFS
$POTUJUVFOUTPG5BHFUFTMVDJEB$BW
+'PPE4DJ
o TTQMVDJEBFTTFOUJBMPJM'MBWPVS'SBHSBODF+
#FSOIBSE
3"
54IJCBNPUP
,:BNBHVDIJ
&8IJUF
o
5IFWPMBUJMFDPOTUJUVFOUTPG4DIJOVTNPMMF- #JDLJOH
#
%JF ;JNUXJSUTDIBGU BVG 4SJ -BOLB
+"HSJD'PPE$IFN
o $FZMPO
"OCBV VOE 7FSNBSLUVOH
IJTUPSJTDIF
#FSUB
&
."#FSOBM
+%B[
'1PNBS
'.FSJOP
#JOEVOHVOEBLUVFMMF1FSTQFLUJWFOFJOFTUSBEJUJ
'SVJUEFWFMPQNFOUJO$BQTJDVNBOOVVNDIBOHFT POTHFCVOEFOFO 1SPEVLUFT .BJO[FS HFPHSBQI
JODBQTBJDJO
MJHOJO
GSFFQIFOPMJDT
BOEQFSPYJEB 4UVEJFO
/P
QQ
TFQBUUFSO+"HSJD'PPE$IFN
o #JFMFOCFSH
+
%JF4IPM[XVS[FM;1IZUPUIFS
#FSUFMMJ
%
.1MFTTJ
'.JHIFUUB
&GGFDUPGNJ
o
DSPXBWFT PO WPMBUJMF DPNQPVOET JO PSJHBOVN #JFMFOCFSH
+
%JF HSOF 'FF ;FOUSBMOFSWTF
-FCFOTNJUUFM8JTTV5FDIOPM
o &GGFLUF EVSDI5IVKPO TUFSS "QPUIFLFS;UH
#FVDIBU
-3
'FSNFOUFETPZCFBOGPPET'PPE o
5FDIOPM
o #JFSUIFS
&
%JFXPIMSJFDIFOEF&VHFOJB%SBHP
#IBMLBS
47
1+%VCBTI
.FUIPETPGFYUSBDUJPO DPCFS
o
PGBOOBUUPGSPNUIFTFFETPG#JYBPSFMMBOB*OEJBO #JGUV
5
&TTFOUJBM PJM DPNQPTJUJPO PG "GSBNP
+%BJSZ4DJ
o NVNLPSBSJNB+$ISPNBUPHS
o
#IBSVDIUB
'3
(7+PTI
0SHBOJDBDJENFUBCP #JMHSJ
"
# "EBN
%BT ,MPTUFS "OEFDIT ,SV
MJTN JO 1PSUVMBDB PMFSBDFB -
/BUVSXJTTFOTDIBG UFSCVDI8JF.ODIF8S[FOVOE)FJMFO4U6M
UFO
SJDI7FSMBH"VHTCVSH
QQ
#IBU
+7
3 #SPLFS
3JCPGMBWJOF BOE UIJBNJOF #JMJB
"3
('MBNJOJ
75BHMJPMJ
*.PSFMMJ
''7JODJF
DPOUFOUPGTBGGSPO
$SPDVTTBUJWVT-/BUVSF -PO SJ
($.4 BOBMZTJT PG FTTFOUJBM PJM PG TPNF
EPO
DPNNFSDJBMGFOOFMUFBT'PPE$IFN
o
#BUUBDIBSKFF
1
34 4JOHIBM
"4 (IPMBQ
4V #JMMBVE
$
+ "ESJBO
5IF JNQPSUBODF PG GFOV
QFSDSJUJDBM DBSCPO EJPYJEF FYUSBDUJPO GPS JEFOUJGJ HSFFL JO OVUSJUJPO .FE FU /VUSJU 1BSJT
o
DBUJPOPGBMEVMUFSBUJPOPGCMBDLQFQQFSXJUIQBQB
ZBTFFET+4DJ'PPE"HSJD
o #KFMEBOFT
-'
*,JN
4FEBUJWFBDUJWJUZPGDFMFSZ
#IBUUBDIBSZB
4
4#BM
3,.VLIFSKFF
4#IBUUBDIB PJMDPOTUJUVFOUT+'PPE4DJ
o
SZB
4PNFQIZTJDBMBOEFOHJOFFSJOHQSPQFS #JKUUFCJFS
'S+
5IF5SFDVMJBBGSJDBOB
BUSFFXJUI
UJFTPGUBNBSJOE 5BNBSJOEVTJOEJDB
TFFE+'PPE BOBMJNFOUBSZQVSQPTF
XJUIBWFSZQSPNJTJOHGV
&OHOH
o UVSFJOUIF5IJSE8PSME$POHS*OUFSOBU$FSFBM
#IBUUBDIBSZB
4
4#BM
3,.VLIFSKFF
4#IBUUBDIB $IFN)BNCVSH
o
o
SZB
B4UVEJFTPOUIFDIBSBDUFSJTUJDTPGTPNF #JUUFODPVSU 4QSSJDJHP
$
" #PM[BO
3"' .BDIBEP
QSPEVDUTGSPNUBNBSJOE 5BNSJOEVTJOEJDVT
LFS -)$BTUBMBO$BSMTPO
+$11FUSVT
4FQBSB
OFM+'PPE4DJ5FDIOPM
o UJPOPGOVUNFHFTTFOUJBMPJMBOEEFOTF$0XJUI
#IBUUBDIBSZB
4
4#BM
3,.VLIFSKFF
4#IBUUBDIB BDFMMVMPTFBDFUBUFSFWFSTFPTNPTJTNFNCSBOF+
SZB
C'VODUJPOBMBOEOVUSJUJPOBMQSPQFSUJFT .FNCSBOF4DJ
o
3FGFSFODFT
TB PGGJDJOBMJT -
; "S[OFJ V (FXS[QGMBO[FO
MFSZ "QJVNHSBWFPMFOT-
'MBWPVS'SBHSBODF+
o
o
#POOFU
#
-F QPJSFBV "MMJVN QPSSVN -
#PTBCBMJEJT
"
*5TFLPT
(MBOEVMBSTDBMFEFWF
"TQFDUT CPUBOJRVFT FU BHSPOJNJRVFT 3FWVF CJ MPQNFOUBOEFTTFOUJBMPJMTFDSFUJPOJO0SJHBOVN
CMJPHSBQIJRVF4BVTTVSFB
o EJDUBNOVT-1MBOUB
o
#POOMOEFS
#
18JOUFSIBMUFS
)ZESPYZQJQF #PTF
5,
'SVJUTPG*OEJB5SPQJDBMBOETVCUSPQJ
SJUPOF%HMVDPQZSBOPTJEFBOEPUIFSQPMBSDPO DBM/BZB1SPLBTI$BMDVUUB
*OEJB
QQ
TUJUVFOUTGSPNEJMM "OFUIVNHSBWFPMFOT-
IFSC #PTT5FJDINBOO
$
5I 3JDIUFS
#SMBVDI
+"HSJD'PPE$IFN
o ,OPCMBVDI 4BNNFMO VOE "OCBV o 'JUOFTT VOE
#PP:POH -FF
)ZFPO4PO $IPJ
4F3ZBOH 0I
)ZF (FTVOEIFJU o 'FJOF 3F[FQUF 7FSMBH & 6MNFS
POH,ZV-FF
3IFPMPHJDBMDIBSBDUFSJTUJDTPG 4UVUUHBSU
QQ
IPUXBUFS FYUSBDU DPODFOUSBUFT GSPN "HBTUBDIF #UUDIFS
)
*(OUIFS
1IZTJPMPHJTDIFT/BDI
SVHPTB0,VOU[F'PPE4DJ#JPUFDIOPM
o FSOUFWFSIBMUFO WPO 8FSNVU1GMBO[FO "SUFNJTJB
BCTJOUIJVN-
%SPHFOSFQPSU
/P
o
#PS
/-
5IFHFOVT$ZNCPQPHPO4QSFOH #UUDIFS
)
*(OUIFS
1IZTJPMPHJTDIFT/BDI
JO*OEJB
#VSNBBOE$FZMPO+#PNCBZOBU)JTUP FSOUFWFSIBMUFOWPO8FJOSBVUF,SBVU 3VUBHSBWF
SZ4PD
o
o PMFOT-
%SPHFOSFQPSU
/P
o
#PSEF
,
$I $IXPJLB
+ 1FUFSNBOO
6 4DINJEU
#PVSJRVFU
(
-F WBOJMMJFS FU MB WBOJMMF EBOT MF
)PQGFO7&#%FVUTDIFS-BOEXJSUTDIBGUTWFS NPOEFE&EO1-FDIFWBMJFS1BSJT
QQ
MBH#FSMJO
QQ #PVSOPU
,
UIFSJTDIF MF -JFGFSVOH +7
#PSHFT
1
+1JOP
B5IFJTPMBUJPOPGWPMBUJMFPJM 8JFTOFS%JF3PITUPGGFEFT1GMBO[FOSFJDIT )STH
GSPNDVNJOTFFETCZTUFBNEFTUJMMBUJPO/BISVOH $W3FHFM
7FSMBH+$SBNFS-FISF
&E
QQ
o #PVSXJFH
%
31PIM
%JF'MBWPOPJEFWPO.FO
#PSHFT
1
+1JOP
C1SFQBSBUJPOPGOVUNFHPMFP UIBMPOHJGPMJB1MBOUBNFE
o
SFTJOCZBMDPIPMFYUSBDUJPO/BISVOH
o #PVWFSBU#FSOJFS
+1
$PNQBSBJTPO WBSJUBMF
#PSHFT
1
+1JOP
&4BODIF[
*TPMBUJPOBOEDIF EF RVBUSF .FOUIFT QPJWSFT QPVS MB QSPEVDUJPO
NJDBMDIBSBDUFSJ[BUJPOPGMBVSFMMFBGPJM/BISVOH EIVJMF FTTFOUJFMMF )FSCB (BMMJDB $IFNJMM
'PPE
o o
#PSO
$IS
%JF8BMOV15"IFVUF
o #PVWFSBU#FSOJFS
+1
*ODJEFODFEFTEBUFTFUEFT
#PSVBI
1
#1.JTSB
.(1BUIBL
"$(IPTI
TUBEFT EF SDPMUF TVS MFT SFOEFNFOUT FU RVBMJUT
%ZOBNJDTPGFTTFOUJBMPJMPG$ZNCPQPHPODJUSBUVT EIVJMFFTTFOUJFMMFEFMBNFOUIFQPJWSF.JUDIBN
%$
4UBQIVOEFSSVTUEJTFBTFJOEJDFT+&TT0JM )FSCB(BMMJDB
o
3FT
o #PVXNFFTUFS
)"
"3 %BWJFT
)( 4NJE
34"
#PT
3
)+8PFSEFOCBH
))FOESJLT
++$4DIFGGFS
1IZTJPMPHJDBM MJNJUBUJPOT UP DBSWPOF ZJFME
$PNQPTJUJPOPGUIFFTTFOUJBMPJMTGSPNVO JO DBSBXBZ $BSVN DBSWJ -
*OE $SPQT 1SPE
EFSHSPVOEQBSUTPG7BMFSJBOBPGGJDJOBMJT-T*BOE o
TFWFSBMDMPTFMZSFMBUFEUBYB'MBWPVS'SBHSBODF+ #PWJMM
)
%3FFWF
"VGEFO4QVSFOEFS$JUSVT
o GSDIUF &JOF -JNFUUF JTU LFJOF ;JUSPOF 'MTTJHFT
#PTBCBMJEJT
".
.PSQIPNFUSJDFWBMVBUJPOPG 0CTU
o
JODMVTJPOCPEZDPOUBJOJOHMFVDPQMBTUTJOMFBGFQJ #PXMFT
&"
"IBOECPPLPG$SPDVTBOE$PMDIJ
EFSNBMDFMMTPG0SJHBOVNEJDUBNOVT-#PU)FM DVN GPS HBSEFOFST5IF #PEMFZ )FBE -POEPO
WFU
o FEO
QQ
#PTBCBMJEJT
".
B2VBOUJUBUJWFBTQFDUTPG0SJ #PXO
%
&ODZDMPQFEJBPGIFSCTBOEUIFJSVTFT
HBOVN EJDUNBOVT - HMBOEVMBSF TDBMFT #PU )FM %PSMJOH,JOEFSTMFZ
-POEPO
QQ
WFU
o #PXO
%
%V.POUTHSPTTF,SVUFS&O[ZLMPQ
#PTBCBMJEJT
".
C(MBOEVMBSUSJDIPNFTJO4B EJF%VNPOU#VDIWFSMBH$PMPHOF
QQ
UVSFKBUIZNCSBMFBWFT"OO#PU
o #PZB
.5
4 7BMWFSEF
"O PSUIPRVJOPOF JTP
#PTBCBMJEJT
".
0OUPHFOFTJT
VMUSBTUSVDUVSF
MBUFE GSPN 4BMWJB BFUIJPQJT 1IZUPDIFNJTUSZ
BOENPSQIPNFUSZPGUIFQFUJPMFPJMEVDUTPGDF o
3FGFSFODFT
#P[BO
#
.,PTBS
;5VOBMJFS
/0[UVSL
,)$#BFS
BVT .FMJTTB PGGJDJOBMJT - "SDI 1IBSNB[JF
"OUJPYJEBOUBOEGSFFSBEJDBMTFBWFOHJOHBD o
UJWJUJFTPG3IVTDPSJBSJBBOE$JOOBNPNVNDBTTJB #SJFTLPSO
$)
1/PCMF*OIBMUTTUPGGFEFTUIF
FYUSBDU"DUB"MJNFOUBSJF
o SJTDIFOMTEFS.ZSSIF4FTRVJUFSQFOFVOE'VSB
#SBBU[
%
1 -FNCLF
%JF5SGGFMO EFS5SPQFO OPTFTRVJUFSQFOF1MBOUBNFE
o
'FJOTDINFDLFSGS[UF
/P
o #SJFTLPSO
$)
8 3JFEFM
'MBWPOPJEF BVT $P
#SBBU[
3
$$IS4DIOFJEFS FET
4ZNQPTJVN MFVTBNCPJOJDVT1MBOUBNFE
o
POUIFQIBSNBDPEZOBNJDTPGTJMZNBSJO GSPNo #SJFTLPSO
$)
)+ .JDIFL
8 #JFDIFMF
%JF
JO $PMPHOF
7FSMBH 6SCBO 4DIXBS 'MBWPOF EFT 3PTNBSJOCMBUUFT %UTDI -FCFOTNJU
[FOCFSH.VOJDI
QQ UFM3ETDI
o
#SBNXFMM
%
'MPSB EFS ,BOBSJTDIFO *OTFMO #SPEB
4
3)BCFHHFS
")BOLF
8)4DIOJU[MFS
%FVUTDIF"VTHBCF
&EO3VFEB.BESJE
QQ $IBSBDUFSJ[BUJPOPGQBSTMFZCZDIFNPTFOTPSZBOE
#SBOEBSFT
.'5
". 7VFMCBO
## %BS +VBO
.3 PUIFS BOBMZUJDBM NFUIPET + "QQM #PU"OHFX
3JDBMEF
'&"O[BMEP
4UBCJMJUZTUVEJFTPGFT #PU
o
TFOUJBMPJMTGSPNTPNF1IJMJQQJOFQMBOUT$ZN #SPEOJU[
.)
$ 1PMMPDL
1 7BMMPO
'MBWPVS
CPQPHPO DJUSBUVT %$
4UBQG 1IJMJQQJOF + 4DJ DPNQPOFOUTPGPOJPOPJM+"HSJD'PPE$IFN
o
#SBVO
/"
. .FJFS
-PSCFFS o WPN 4JF #SPEOJU[
.)
+71BTDBMF
-WBO%FSTMJDF
'MB
HFTLSBO[ [VN 5FSQJOZMBDFUBU %SBHPDP3FQ
WPVSDPNQPOFOUTPGHBSMJDFYUSBDU+"HSJD'PPE
o $IFN
o
#SBVOTEPSG
3
6 )FOFS
4 4UFJO
" .PTBOEM
#SPEU
$I
#PUBOJL
7FSXFOEVOH VOE "OCBV
$PNQSFIFOTJWF$H$*3.4BOBMZTJTJOUIFBVUIFO WPO (FOUJBOB MVUFB - VOUFS CFTPOEFSFS #FSDL
UJDJUZDPOUSPMPGGMBWPSTBOEFTTFOUJBMPJMT*-FNPO TJDIUJHVOHEFSLPUZQ6NXFMU*OUFSBDUJPO%JQM
PJM ; -FCFOTNJUUFM6OUFST V 'PSTDI
o "SCFJU 56 8FJIFOTUFQIBO
-FISTUVIM G (FNTF
CBV
#SFNOFTT
-
%BTHSPTTF#VDIEFS,SVUFS&JO #SPOEFHBBSE
7+
.BTTFOBVTCSFJUVOHWPO#
QSBLUJTDIFS'ISFSGSEFO"OCBV
EJF1GMFHFVOE SFOLMBV/BUVSXJTT3ETDI
o
7FSXFOEVOHWPO,SVUFSO"57FSMBH"SBV4UVUU #SPOEFHBBSE
7+
%FS,JSTDIMPSCFFSoFJOCMBV
HBSU
QQ TVSFIBMUJHFS ;JFSTUSBVDI /BUVSXJTT 3ETDI
#SFXTUFS
+-
0OJPOT BOE PUIFS WFHFUBCMF
"MMJVNT $"# *OUFSOBU
8BMMJOHGPSE
0YPO 6,
#SPQIZ
+
.,+PHJB
&TTFOUJBMPJMTGSPNUXPWB
QQ SJFUJFTPG'JKJBO0DJNVNTBODUVN 5VMTJ
'JKJBHSJD
#SJDPVU
+
+$ 'POUFT
- .FSMJWBU
%FUFDUJPO +
/P
o
PGTZOUIFUJDWBOJMJOJOWBOJMMBFYUSBDUTCZJTPUPQJD #SPQIZ
++
., +PHJB
&TTFOUJBM PJMT GSPN 'KJ
BOBMZTJT+"TTPD0GG"OBM$IFN
o BO0DJNVNCBTJMJDVN-'MBWPVS'SBHSBODF+
#SJFTLPSO
$)
4BMCFJ o 4FJOF *OIBMUTTUPGGF o
VOE TFJO UIFSBQFVUJTDIFS8FSU ; 1IZUPUIFS
#SPQIZ
++
&7-BTTBL
5IFWPMBUJMFMFBGPJMTPG
o )ZQUJTQFDUJOBUB -
1PJU
BOE7JUFYUSJGPMJB-WBS
#SJFTLPSO
$)
8 #JFDIFMF
;VS 6OUFSTDIFJ CJDPMPS 8JMME
.PMEFOLFGSPN'JKJ'MBWPVS'SB
EVOH WPO 4BMWJB PGGJDJOBMJT VOE 4BMWJB USJMPCB HSBODF+
o
%UTDI"QPUIFLFS;UH
o #SPQIZ
++
3+ (PMETBDL
+3 $MBSLTPO
5IF
#SJFTLPSO
$)
)+ %NMJOH
$BSOPTPMTVSF
FTTFOUJBMPJM0DJNVNUFOVJGMPSVN- -BNJBDFBF
EFSXJDIUJHTUFBOUJPYJEBUJWXJSLTBNF*OIBMUTTUPGG HSPXJOH JO /PSUIFSO "VTUSBMJB + &TT 0JM 3FT
EFT3PTNBSJOVOE4BMCFJCMBUUFT;-FCFOTNJUUFM o
6OUFSTV'PSTDI
o #SPT[BU
8
%FS.PIO 1BQBWFSTPNOJGFSVN-
#SJFTLPSO
$)
"'VDIT
;VSDIFNJTDIFO*EFO o"OCBVVOE.BSLUFJOFSXJFEFSFOUEFDLUFO,VM
UJGJ[JFSVOH EFT PGGJ[JOFMMFO 4BMCFJCMBUUFT %UTDI UVSQGMBO[F5SPQFOMBOEXJSU#FJIFGU
QQ
"QPUIFLFS;UH
o #SPXO
&%
$JOOBNPN BOE DBTTJB TPVSDFT
#SJFTLPSO
$)
8 ,SBVTF
8FJUFSF 5SJUFSQFOF
3FGFSFODFT
#SPXO
&%
$JOOBNPN BOE DBTTJB TPVSDFT
#VMMNBOO
+
14UFJOFSU
((BMMJOH
&JOFFJOGB
QSPEVDUJPOBOEUSBEF1BSU**$BTTJB$PMPOJB1MBOU DIF.FUIPEF[VS(MZDZSSIJ[JOHFXJOOVOHBVTEFS
"OJNBM1SPEVDUT
o 4IPM[XVS[FM (MZDZSSIJ[BHMBCSB-
$IFN.J
#SDLOFS
+
, )PQQF
( .JFUI
'FSNFOUJFSUF LSPCJPM5FDIOPM-FCFOTNJUUFM
/P
o
VOEOJDIUGFSNFOUJFSUF-FCFOTNJUUFMBVG4PKBCPI #VSCB
+-
$3(BMNBSJOJ
1SPDPGUIF*OUFS
OFOCBTJT-FCFOTNJUUFMJOEVTUSJF
o OBU 4ZNQPTJVN PO FEJCMF "MMJBDFBF .FOEP[B
#SDLOFS
,
;VS4PSUFOVOE"OCBVGSBHFTPXJF "SHFOUJOJB
o*OUFSOBU4PD)PSUJDVMU
7FSXFOEVOHEFT,VMUVS-XFO[BIOT 5BSBYBDVN 4DJ
QQ
PGGJDJOBMF8FC
1IBSNB[JF
o #VSHFUU
. 5IF VTF PG MFNPO CBMN .FMJTTB
#SVNNJUU
3,
$&1PXFMM
"VUIPSTPGQMBOUOB PGGJDJOBMJT
GPSBUUSBDUJOHIPOFZCFFTXBSNT#FF
NFTBMJTUPGBVUIPSTPGTDJFOUJGJDOBNFTPGQMBOUT
8PSME
/P
o
XJUI SFDPNNFOEFE TUBOEBSE GPSNT PG UIFJS OB #SJUT
.
'#VDBS
4UVEJFTPGUIFBOUJPYJEBUJWF
NFT
JODMVEJOHBCCSFWJBUJPOT3PZBM#PUBOJD(BS 8JSLVOHWPOUIFSJTDIFN4DIXBS[LNNFMM4DJ
EFO
,FX 6,
QQ 1IBSN
o
#SOJOH
3
)8BHOFS
CFSTJDIUCFSEJF$F #VSLJMM
*)
"EJDUJPOBSZPGUIFFDPOPNJDQSP
MBTUUSBDFFO*OIBMUTTUPGGF$IFNJF
$IFNPUBYPOP EVDUTPGUIF.BMBZ1FOJOTVMB(PWFSNFOUTPG.B
NJF
#JPTZOUIFTF
1IBSNBLPMPHJF1IZUPDIFN
MBZTJBBOE4JOHBQPSFCZUIF.JOJTUSZPG"HSJDVMU
o BOE$P0QFSBUJWFT
,VBMB-VNQVS
.BMBZTJB
7PM*
#SVOLF
&+
/ 'JTDIFS
'+ )BNNFSTDINJEU
( "o)
BOE7PM** *o;
QQ
4DINBVT
B4VNBDIoFJOPSJFOUBMJTDIFT(F #VSLJMM
*)
5IF VTFGVM QMBOUT PG8FTU USPQJDBM
XS[CFSEBTUIFSJTDIFMWPO3IVTDPSJBSJB- "GSJDB3PZBM#PUBOJD(BSEFO,FX 6,
7PM*
GBNJ
'SDIUFESBHPDPCFS
o MFT"o%
QQ7PM**
GBNJMJFT&o*
QQ
#SVOLF
&+
'+)BNNFSTDINJEU
'),TUFS
B
7PM ***
GBNJMJFT +o-
QQ
7PM *7
%BT UIFSJTDIF M WPO -BTFS USJMPCJVN 3PLN GBNJMJFT .o3
QQ
7PM 7
GBNJMJFT 4o;
NFM
ESBHPDPSFQ
5 QQ
#SVOLF
&+
'+ )BNNFSTDINJEU
') ,PFTUFS
1 #VTFOCFSH
#
7BOJMMB
DIPDPMBUFBOETUSBXCFS
.BJS
C$POTUJUVFOUTPGEJMM "OFUIVNHSBWFP SZ5IFTUPSZPGZPVSGBWPSJUFGMBWPST-FSOFS1VCM
MFOT-
XJUITFOTPSZJNQPSUBODF+&TT0JM3FT
$P
.JOOBQPMJT
QQ
o #VTIXBZ
""
".8JMTPO
-)PVTUPO
3+#VTIXBZ
#SVOLF
&+
'+ )BNNFSTDINJEU
( 4DINBVT
" 4FMFDUFEQSPQFSUJFTPGUIFMJQJEBOEQSPUFJO
"LHM
C5IFFTTFOUJBMPJMPG3IVTDPSJBSJB- GSBDUJPOTGSPNDIJBTFFE+'PPE4DJ
o
GSVJUT'MBWPVS'SBHSBODF+
o #VTTF
8
6FCFS(FXS[F*77BOJMMF"SCFJUFO
#SVOLF
&+
(4DINBVT
/FVFHFSVDITBLUJWF ,BJTFSM(FTVOEIFJUT"NUF
o
*OIBMUTTUPGGF WPO 4BOEFMIPM[M ESBHPDPSFQ
#VTTFMM
#.
+"$POTJEJOF
;&4QBEFL
'MPXFS
o BOEWPMBUJMFPJMPOUPHFOZJO#PSPOJBNFHBTUJHNB
#SVZO
+8EF
(&M[FOHB
.,FVMT
4FMFDUJPOPG "OO#PU
o
MJWJOH BOHFMJDB SPPUT GPS WPMBUJMF PJM DPOUFOU &V #VUUFSZ
34
3. 4FJGFSU
%( (VBEBTHOJ
-$ -JOH
QIZUJDB
o $IBSBDUFSJ[BUJPO PG TPNF WPMBUJMF DPOTUJ
#VDLMF
,"
. 3BUIOBXBUIJF
$PNQPTJUJPOBM UVFOUT PG CFMM QFQQFS + "HSJD 'PPE $IFN
EJGGFSFODFTPGCMBDL
HSFFOBOEXIJUFQFQQFSPJM o
GSPNUISFFDVMUJWBST+'PPE5FDIOPM
o #ZSOF
3
+) .BD"OESFXT
1SF$PMVNCJ
#VLBTPW
4. #:,"$0#
$.
BO QVSTMBOF 1PSUVMBDDB PMFSBDFB -
JO UIF /FX
8PSME/BUVSF -POEPO
o
5IFDVMUJWBUFEQMBOUT #ZVO
(-
4.0I
+4-FF
4+)BIO
"HSPOP
PG .FYJDP
(VBUBNBMB BOE $PMPNCJB
NJD DIBSBDUFSJTUJDT PG QFSJMMB 1FSJMMB PDZNPJEFT
*OTUJUVU PG -
BOEUIFTFMFDUJPOPGDVMUJWBSTGPSMFBGVTF+,P
SFBO4PDIPSJDVMU4DJ
o JO,PSFBO
3FGFSFODFT
$ TJUJPOPGMFBGBOEGMPXFSFTTFOUJBMPJMGSPN.POBS
EBEJEZNB - DVMUJWBUFE JO 'SBODF 'MBWPVS 'SB
$BCP
+
.&$SFTQP
++JNOF[
$/BWBSSP
" HSBODF+
o
TUVEZPGUIFFTTFODFTGSPN5IZNVTIZFNBMJTDPM $BSOBU
"1
"$IPTTFHSPT
+--BNBJTPO
C5IF
MFDUFEJOUISFFEJGGFSFOUMPDBMJUJFT'JUPUFSBQJB
FTTFOUJBM PJM PG 4BUVSFKB HSBOEJGMPSB -
4DIFFMF
o GSPN'SBODF+&TT0JM3FT
o
$BCP
+
++JNOF[
..JS
$/BWBSSP
+3VJ[
$BSOBU
"1
+$ $IBMDIBU
% 'SBJTTF
+- -BNBJTPO
4BMWJBWFSCFOBDB*.BDSPBOENJDSJNPSQIPMPHZ *TPMBUJPO PG B WPMBUJMF DPODFOUSBUF PG DBSB
'JUPUFSBQJB
o XBZTFFE+&TT0JM3FT
o
$BCP
+
.& $SFTQP
+ +JNOF[
$ /BSSP
4 3JTDP
$BSPUFOVUP
"
7EF'FP
&'BUUPSVTTP
7-BO[PUUJ
4
4FBTPOBMWBSJBUJPOPGFTTFOUJBMPJMZJFMEBOE .BHOP
$ $JDBMB
5IF GMBWPOPJET PG "MMJVN
DPNQPTJUJPOPG5IZNVTIZFNBMJT1MBOUBNFE
VSTJOVN1IZUPDIFNJTUSZ
o
o $BSSFJSBT
.$
# 3PESHVF[
3& -QF[(BSDB
3.
BMBSSNBL
/
#JPDIFNJDBMBOEQIZTJDBMQSP 3BCBOBM
" EJNFS PG EQJOPDBSWPOF GSPN
QFSUJFTPGTPNFXBMOVUHFOPUZQFT +VHMBOTSFHJB $FESPOFMMBDBOBSJFOTJT1IZUPDIFNJTUSZ
o
-
/BISVOH'PPE
o
$BIJMM
+1
&UIOPCPUBOZPG$IJB
4BMWJBIJTQBOJ $BSSJFS
%+
5 $SPXF
4I 4PLIBOTBOK
+ 8BIBC
#
DB- -BNJBDFBF
&DPO#PU
o #BSM
.JML UIJTUMF
4JMZCJVN NBSJBOVN -
$BMQPV[PT
-
#PUBOJDBM BTQFDUT PG PSFHBOP (BFSUO
GMPXFS IFBE EFWFMPQNFOU BOE BTTPDJB
&DPO#PU
o UFENBSLFSDPNQPVOEQSPGJMF+)FSCT
4QJDFT
$BNQBOJMJ
&
)FMJDISZTVN BOHVTUJGPMJVN %$ .FEJDJO1MBOUT
o
&TQFSJFO[F DMJOJDIF OFMMB QTPSJBTJ "DUB 1IZUP $BSSVCCB
"
3MB5PSSF
31JDDBHMJB
..BSPUUJ
UIFSQ
o $IBSBDUFSJ[BUJPO PG BO *UBMJBO CJPUZQF PG DMBSZ
$BNQFMMP
+1
"+ .BTBJPMJ
5SJUFSQFOFOFT PG TBHF 4BMWJBTDMBSFB-
HSPXOJOBTFNJBSJE.F
4DIJOVTUFSFCJOUIJGPMJVT1IZUPDIFNJTUSZ
o EJUFSSFBOFOWJSPONFOU'MBWPVS'SBHSBODF+
o
$BNQFMMP
+1
"+.BSTBJPMJ
5FSCJOUIJGPMJDBDJE $BSSVCCB
"
3MB5PSSF
"%J1SJNB
'4BJBOP
("MPO
BOECBVFSFOPOFOFXUSJUFSQFOPJELFUPOFTGSPN [P
4UBUJTUJDBM BOBMZTFT PO UIF FTTFOUJBM PJM
4DIJOVT UFSFCJOUIJGPMJVT 1IZUPDIFNJTUSZ
PG*UBMJBODPSJBOEFS $PSJBOESVNTBUJWVN-
GSVJUT
o PG EJGGFSFOU BHFT BOE PSJHJOT + &TT 0JM 3FT
$BNQFSJ
-
%'SBUFSOBMF
%3JDDJ
&TTFOUJBMPJM o
DPNQPTJUJPO BOE BOUJPYJEBOU BDUJWJUZ PG QFFMT PG $BSTPO
+'
$IFNJTUSZ BOE CJPMPHJDBM QSPQFS
$JUSVTTJOFOTJTCMPPEBOECMPPE$JUSVTBVSBOUJVN UJFT PG POJPOT BOE HBSMJD 'PPE 3FW *OUFSOBU
3JW*UBM&1104*TU5FUSBIFESPO
o o
$BNQP+EFM
.+"NJPU
$/HVZFO5IF
"OUJ $BTUFMMO
"'
.37BMF
.*-.BDIBEP
'+"
.BUPT
NJDSPCJBMFGGFDUPGSPTFNBSZFYUSBDU+'PPE1SP "MHVOT DPOTUJVJOUFT RVNJDPT EF $PMFVT
UFDUJPO
o CBSCBUVT #FOUI DVMUJWBEP FN 'PSTLPMJO $PMFP
$BQPOF
8
$ .BTDJB
. .FMJT
- 4QBOFEEB
OPM
$JOD&$VMU 4BP1BVMP
4VQQM
Q
%FUFSNJOBUJPOPGUFSQFOJDDPNQPVOETJOUIFFT $BTUSP
33
7./PTUJ
&MBMDBQBSSP $BQQBSJT
TFOUJBM PJM GSPN 4BUVSFKB UIZNCSB -
HSPXJOH JO TQJOPTB-
(SBTBTZ"DFJUFT 4FWJMMF
o
4BSEJOJB+$ISPNBUPHSBQI
o $BUTJPUJT
4
/( *DPOPNPV
2VBMJUBUJWF BOE
$BSBNJFMMP
3
" #PDDP
( #VGGB
. .BGGFJ RVBOUJUBUJWF DPNQBSBUJWF HBTMJRVJEDISPNBUP
$IFNPUBYPOPNZPG+VOJQFSVTDPNNVOJT
+TJCJ HSBQIJDBOBMZTJTPGUIFFTTFOUJBMPJMPG4BMWJBUSJMP
SJDBBOE+JOUFSNFEJB+&TT0JM3FT
o CBHSPXOJO(SFFDF1IBSN"DUB)FMW
o
$BSFEEB
"
#.BSPOHJV
41PSDFEEB
$4PSP
$FNFSPHMV
#
/"SUJL
4&SCBT
&YUSBDUJPOBOE
4VQFSDSJUJDBM DBSCPO EJPYJEF FYUSBDUJPO BOE DIB DPNQPTJUJPOPGQPNFHSBOBUFKVJDF'MTTJHFT0CTU
SBDUFSJ[BUJPOPG-BVSVTOPCJMJTFTTFOUJBMPJM+"H
o
SJD'PPE$IFN
o $FSWBUP
(
.$BSBCFMMJ
4(FSWBTJP
"$JUUFSB
3$B[
$BSOBU
"1
+--BNBJTPO
"3NFSZ
B$PNQP [PMB
# $FTUBSP
"OUJPYJEBOU QSPQFSUJFT PG
3FGFSFODFT
PSFHBOP 0SJHBOVNWVMHBSF
MFBGFYUSBDUT+'PPE GPFUJEB-/PUFTSPZBMCPU(BSEFO
&EJOCVSHI
#JPDIFN
o o
$FTBSF
-'EJ
%7JTDBSEJ
&-'VTBSJ
3$/BOJ
B $IBNCMFF
54
#+ $MBSL
(# #SFXTUFS
5 3BEGPSE
4UVEZ PG UIF WPMBUJMF GSBDUJPO JO CBTJM BOE TBHF ("*BDPCVDDJ
2VBOUJUBUJWFBOBMZTJTPGUIF
TUPSFE BU o$ *OE "MJNFOU *UBM
o WPMBUJMFDPOTUJUVFOUTPGMFNPOQFFMPJM&GGFDUTPG
TJMJDBHFMDISPNBUPHSBQIZPOUIFDPNQPTJUJPOPG
$FTBSF
-'EJ
%7JTDBSEJ
&-'VTBSJ
3$/BOJ
C JUTIZESPDBSCPOBOEPYZHFOBUFEGSBDUJPOT+"H
4UVEZPGUIFWPMBUJMFDPNQPTJUJPOPGUIFSBXBOE SJD'PPE$IFN
o
ESJFESPTFNBSZ 3PTNBSJOVTPGGJDJOBMJT-
*OE"MJ $IBNJTTP
"W
*MMVTUSJFSUFT)FJM
(JGUVOE/B
NFOU *UBM
o UVSQGMBO[FOCVDI7FSMBH3FJNFS
#FSMJO
$FTBSF
-'EJ
3$/BOJ
&-'VTBSJ
%7JTDBSEJ
37JUB $IBOF.JOH
37FSB
+$$IBMDIBU
1$BCBTTV
MF
D5IFJOGMVFODFPGCMBODIJOH
ESZJOH
BOE $IFNJDBMDPNQPTJUJPOPGFTTFOUJBMPJMTGSPNSIJ[P
TUPSBHFPOUIFWPMBUJMFGSBDUJPOPGUIFCBTJMMFBWFT NFT
MFBWFTBOEGMPXFSTPG$VSDVNBMPOHB-GSPN
*OE"MJNFOU *UBM
o 3FVOJPO*TMBOE+&TT0JM3FT
o
$FTBSF
-'EJ
%7JTDBSEJ
3/BOJ
*OGMVFODFPG $IBOEMFS
3'
-JDPSJDF
NPSFUIBOKVTUBGMBWPVS
CMBODIJOHXJUINJDSPXBWFBOEESZJOHXJUIESJFE $BOBEQIBSNBD+
o
BJS PO UIF WPMBUJMF DPNQPTJUJPO PG CBTJM *OE "MJ $IBOEMFS
3'
%)BXLFT
"OJTFFEoBTQJDF
B
NFOU *UBM
o GMBWPS
BESVH$BOBE1IBSN+
o
$IBEXJDL
$*
5"-VNQLJO
-3&MCFSTPO
5IF $IBOH
4U4
#0TUSJD.BUJKBTFSJD
0"-)TJFI
CPUBOZ
VTFTBOEQSPEVDUJPOPG8BTBCJKBQPOJDB /BUVSBM BOUJPYJEBOUT GSPN SPTFNBSZ BOE TBHF +
.JR
$SVDJGFSBF
.BUTVN &DPO #PU
o 'PPE4DJ
o
$IBSBMBNCPVT
( FE
4QJDFT
)FSCTBOEFEJC
$IBEXJDL
.("
31PQF
5IFNBSLFUGPS7BOJM MF'VOHJ%FWFMPQNFOUJO'PPE4DJ
/P&MTF
MBCFBOT5SPQ4DJ
o WJFS4DJ#7"NTUFSEBN
-POEPO
/FX:PSL
5PLZP
$IBMDIBU
+$
31 (BSSZ
" .JDIFU
# #FOKJMBMJ
+- QQ
$IBCBSU
&TTFOUJBMPJMTPGSPTFNBSZ 3PTNB $IBSMFT
%+
+&4JNPO
B&TTFOUJBMPJMDPOTUJUV
SJOVT PGGJDJOBMJT -
5IF DIFNJDBM DPNQPTJUJPO PG FOUTPG0DJNVNLJMJNBOETDIBSJDVN(VFSLF+&TT
PJMTGSPNWBSJPVTPSJHJOT .PSPDDP
4QBJO
'SBODF
0JM3FT
o
+&TT0JM3FT
o $IBSMFT
%+
+&4JNPO
C"OFXHFSBOJPMDIF
$IBMDIBU
+$
+ -BNZ
B &TTFOUJBM PJMT GSPN NPUZQFPG0DJNVNHSBUJTTJNVN-+&TT0JM3FT
5IZNVTTFSQIJMMPJEFTTVCTQFDTFSQIZMMPJEFTBOE
o
5IZNVTTFSQIZMMPJEFTTVCTQFDHBEPSFOTJTNJDSP $IBSMFT
%+
+&4JNPO
.18JESMFDIOFS
$IB
QBHBUFEQMBOUT+&TT0JM3FT
o SBDUFSJ[BUJPOPGFTTFOUJBMPJMPG"HBTUBDIFTQFDJFT
$IBMDIBU
+$
" .JDIFU
# 1BTRVJFS
C *OGMV +"HSJD'PPE$IFN
o
FODFPGIBSWFTUJOHUJNFPODIFNJDBMDPNQPTJUJPO $IBSMFT
%+
+&4JNPO
,78PPE
&TTFOUJBMPJM
PG .FOUIBY QJQFSJUB - FTTFOUJBM PJM 1FSGVNFS DPOTUJUVFOUTPG0DJNVNNJDSBOUIVN8JMME+"H
'MBWPSJTU
/P
o SJD'PPE$IFN
o
$IBMDIBU
+$
.4(PSVOPWJD
4%1FUSPWJD
;".BL $IBUUFSKFF
4
14 7BSJZBS
"4 (IPMBQ
43 1BEXBM
TJNPWJD
B $IFNJDBM DPNQPTJUJPO PG UXP %FTBJ
%3#POHJSXBS
&GGFDUPGJSSBEJBUJPO
XJMETQFDJFT PG UIF HFOVT 4BMWJB - GSPN:VHPTMB POUIFWPMBUJMFPJMDPOTUJUVFOUTPGUVSNFSJD $VSDV
WJB4BMWJBBFUIJPQJTBOE4BMWJBWFSUJDJMMBUB+&TT NBMPOHB
'PPE3FTJOU
o
0JM3FT
o $IBU[PQPVMPV
14
45 ,BUTJPUJT
4UVEZ PG UIF
$IBMDIBU
+$
% "EBNPWJD
.4 (PSVOPWJD
C FTTFOUJBM PJM GSPN +VOJQFSVT DPNNVOJT CFSSJFT
$PNQPTJUJPO PG PJMT PG UISFF DVMUJWBUFE GPSNT PG DPOFT
XJME HSPXJOH JO (SFFDF 1MBOUB NFE
)ZTTPQVT PGGJDJOBMJT FOEFNJD JO:VHPTMBWJB G BM o
CVT"MFG
GDZBOFVT"MFGBOEGSVCFS.JMM+&TT $IBU[PQPVMPV
14
" )BBO
45 EF ,BUTJPUJT
0JM3FT
o *OWFTUJHBUJPO PO UIF TVQFSDSJUJDBM $0 FYUSBDUJPO
$IBNCFSMBJO
%'
5IF JEFOUJUZ PG 'FSVMB BTB PGUIFWPMBUJMFDPOTUJUVFOUTGSPN+VOJQFSVTDPN
3FGFSFODFT
NVOJTPCUBJOFEVOEFSEJGGFSFOUUSFBUNFOUPGUIF HOSBMFT3FWJOUFSOBU#PU"QQM"HSJD5SPQ
ACFSSJFT DPOFT
1MBOUBNFE
o o
$IBIBO
/4
.FEJDJOBMBOEBSPNBUJDQMBOUTPG $IJBMWB
'
$IFNPNFUSJDJOWFTUJHBUJPOPO*UBMJ
)JNBDIBM1SBEFTI*OEVT1VCMJTIJOH$PNQ
/FX BOQFQQFSNJOUPJM+"HSJD'PPE$IFN
o
%FMIJ
*OEJB
QQ
$IBZUPS
%"
"UBYPOPNJDTUVEZPGUIFHFOVT $IJBMWJ
.
7PMBUJMFPJMPG4DIJOVTNPMMF'MBWPVS
-BWBOEVMB+-JOOFBO4PD
#PU
o 'SBHSBODF+
o
$IFBI
1#
/) "CV )BTJN
/BUVSBM BOUJPYJ $IJSJLEKJBO
++
*TPMBUJPO PG LVNBUBLFOJO BOE
EBOU FYUSBDU GSPN HBMBOHBM "MQJOJB HBMBOHB
GPS
EJIZESPYZ
USJNFUIPYZGMBWPOFGSPN-BS
NJODFECFFG+4DJ'PPE"HSJD
o SFBUSJEFOUBUB;/BUVSGPSTDI
o
$IFFS
( FE
#05"/*$"%BT"CDEFS1GMBO[FO $IJTIPMN
.(
."8JMTPO
(.(BTLFZ
$IB
"SUFOJO5FYUVOE#JME,OFNBOO7FSMBHT SBDUFSJ[BUJPOPGBSPNBWPMBUJMFTJOLFZMJNFFTTFO
HFTNC),MO
QQ UJBMPJM $JUSVTBVSBOUJGPMJB4XJOHMF
'MBWPVS'SB
$IFO
$$
$5 )P
*EFOUJGJDBUJPO PG TVMQIVS HSBODF+
o
DPNQPVOETPGTIJJUBLF -FOUJOVTFEPEFT4JOH
+ $IJTIPMN
.(
+"+FMM
%.$BTT
KS
$IBSBD
"HSJD'PPE$IFN
o UFSJ[BUJPO PG UIF NBKPS PEPSBOUT GPVOE JO UIF
$IFO
$$
$5)P
(BTDISPNBUPHSBQIJDBOB QFFMPJMPG$JUSVTSFUJDVMBUB#MBODPDW$MFNFOUJOF
MZTJTPGWPMBUJMFDPNQPOFOUTPGHJOHFSPJM ;JOHJCFS VTJOHHBTDISPNBUPHSBQIJDPMGBDUPNFUSZ'MBWPVS
PGGJDJOBMF3PTDPF
FYUSBDUFEXJUIMJRVJEDBSCPOEJ 'SBHSBODF+
o
PYJEF+"HSJD'PPE$IFN
o $IJTPXB
&)
%3 )BMM
%* 'BSNBO
$IFNJDBM
$IFO
$$
353PTFO
$5)P
$ISPNBUPHSBQIJD DPNQPTJUJPOPGUIFFTTFOUJBMPJMPG5BHFUFTNJOVUB
BOBMZTJTPGHJOHFSPMDPNQPVOETJOHJOHFS ;JOHJ -GSPN;BNCJB+&TT0JM3FT
o
CFSPGGJDJOBMF3PTDPF
FYUSBDUFECZMJRVJEDBSCPO $IJ[[PMB
3
( %PCPT
.JOFSBMTUPGG VOE 4QV
EJPYJEF+$ISPNBUPHS
o SFOFMFNFOUHFIBMU WPO .PIOTBNFO &SOISVOH
$IFO
$$
.$,VP
$.8
$5)P
1VOHFOU /VUSJUJPO
o
QSJODJQMFT PG HJOHFS ;JOHJCFS PGGJDJOBMJT 3PTDPF
$IPQSB
3/
4-/BZBS
*$$IPQSB
(MPTTBSZPG
FYUSBDUFECZMJRVJEDBSCPOEJPYJEF+"HSJD'PPE *OEJBONFEJDBMQMBOUT$PVODJM4DJ*OEVTUS3FT
$IFN
o /FX%FMIJ
QQ
$IFO
*4
:$ -JO
*-5TBJ
$.5FOH
'/ ,P
5 $IPVEIVSZ
4
3"INFE
1#,BSKMBM
$PNQPTJ
*TIBLBXB
)*TIJ
$PVNBSJOBOEBOUJQMBUF UJPO PG UIF TFFE5SBDIZTQFSNVN BNNJ -
GSPN
MFU BHHSFHBUJPO DPOTUJUVFOUT GSPN 9BOUIPYZMVN /PSUI&BTU*OEJB+&TT0JM3FT
o
TDIJOJGPMJVN1IZUPDIFNJTUSZ
o $IPVEIVSZ
4)
%/ #PSEPMPJ
&GGFDU PG TP
$IFO
4)
5$ )VBOH
$5 )P
1+5TBJ
&Y XJOHPOUIFHSPXUI
ZJFMEBOEPJMRVBMJUZPG0DJ
USBDUJPO
BOBMZTJTBOETUVEZPOUIFWPMBUJMFJO3P NVNHSBUJTTJNVN-JOO*OEJBO1FSGVNFS
/P
TFMMBUFB+"HSJD'PPE$IFN
o
o
$IFO
*4
4+ 8V
*-5TBJ
+. 1F[[VUP
.$ -V
) $IVCFZ
##
(FSBOJPMSJDI FTTFOUJBM PJM GSPN
$IBJ
/4VI
$.5FOH
$IFNJDBMBOECJP .POBSEBGJTUVMPTB-1FSGVNFS'MBWPSJTU
/P
BDUJWF DPOTUJUVFOUT GSPN ;BOUIPYZMVN TJNVMBOT o
+/BU1SPE
o $IVEB
:
)0OP
.0IOJTIJ,BNFZBNB
5/BHBUB
$IFOH
.$I
:V4I$IFOH
0JMPG-JUTFBTPSUT 55TVTIJEB
4USVDUVSBMJEFOUJGJDBUJPOPGUXP
+$IJOFTF$IFN4PD 5BJQFJ
o BOUJPYJEBOU RVJOJD BDJE EFSJWBUJWFT GSPN HBSMBOE
$IFWBMJFS
"
-FT #BPCBT "EBOTPOJB
EF $ISZTBOUIFNVN DPSPOBSJVN -
+ "HSJD 'PPE
M"GSJRVF DPOUJOFOUBMF #VMM 4PD #PU 'SBODF
$IFN
o
o $IVEB
:
.4V[VLJ
5/BHBUB
55TVTIJEB
$PO
$IFWBMJFS
"
-FQPJWSJFSFUTBDVMUVSFFOJOEPDIJ UFOUBOEDPPLJOHMPTTPGUISFFRVJOJDBDJEEFSJWB
OF (PJOFSNFFOFU (OSBM EF M*OEPDIJO 1VCM UJWFTGSPNHBSMBOE $ISZTBOUIFNVNDPSPOBSJVN
%FM"HFODF&DPOPNJRVF
1BSJT
/P
QQ -
+"HSJD'PPE$IFN
o
$IFWBMJFS
"
6OF FORVUF TVS MFT QMBOUT N $IVOH )FF%PO
:PVO 4VO+PP
$PNQBSJTPO PG
EJDJOBMFTEFMBGSJRVFPDDJEFOUBMF*0CTFSWBUJPOT DIFNJDBMDPNQPTJUJPOBOEUBTUFPG,PSFBOOBUJWF
3FGFSFODFT
$IJOFTFDIJWFMFBWFT+,PSFBO4PD)PSUJDVMU4DJ TJBSPNBUJDF&E"DBE3FQVCMJDJJ1PQVMBSF3PNJ
o OF
#VDBSFTUJQQ
$IVOIVJ%FOH
(VPYJO4POH
:BPNJOH)V
9JBOHNJO $PJU
+&
$BSPCPS4U+PIOTCSFBE&DPO#PU
;IBOH
%FUFSNJOBUJPO PG UIF WPMBUJMF DPO
o
TUJUVFOUT PG $IJOFTF $PSJBOESVN TBUJWVN - CZ $PMFNBO
8.
#. -BXSFODF
$PNQBSBUJWF
HBTDISPNBUPHSBQIZNBTTTQFDUSPNFUSZXJUITP BVUPNBUFETUBUJDBOEEZOBNJDRVBOUJUBUJWFIFBE
MJEQIBTF NJDSPFYUSBDUJPO $ISPNBUPHSBQIJB
TQBDFBOBMZTJTPGDPSJBOEFSPJM+$IPNBUPHS4DJ
o
o
$IZBV
$$
+-.BV
$I.8V
$IBSBDUFSJT $PMJOT
."
)1$IBSMFT
"OUJNJDSPCJBMBDUJWJUZ
UJDTPGUIFTUFBNEJTUJMMFEPJMBOEDBSCPOEJPYJEF PGDBSOPTPMBOEVSTPMJDBDJEUXPBOUJPYJEBOUDPO
FYUSBDU PG ;BOUIPYZMVN TJNVMBOT GSVJUT + "HSJD TUJUVFOUTPG3PTNBSJOVTPGGJDJOBMJT-'PPE.JDSP
'PPE$IFN
o CJPM
o
$JDIFXJD[
3)
.(/BJS
*TPMBUJPOBOEDIBSBD $PMMJO
(+
) %FTMBVSJFST
/ 1BHFBV
. (BHOPO
UFSJ[BUJPOPGTUFMMBEFSPM
BOFXBOUJPYJEBOUOBQI &TTFOUJBMPJMPGUBOTZ 5BOBDFUVNWVMHBSF-
UIBMFOFHMZDPTJEF
BOE PUIFS BOUJPYJEBOU HMZDPTJ PG$BOBEJBOPSJHJO+&TT0JM3FT
o
EFT GSPN FEJCMF EBZMJMZ )FNFSPDBMMJT
GMPXFST + $PMMJOT
+&
$% #JTIPQ
4( %FBOT
,1 4WPCPEB
"HSJD'PPE$IFN
o $PNQPTJUJPO PG UIF FTTFOUJBM PJM GSPN UIF
$JSDFMMB
(
$I'SBO[
+/PWBL
)3FTDI
*OGMV MFBWFTBOEGMPXFSTPG.POBSEBDJUSJPEPSBWBSDJ
FODFPGEBZMFOHUIBOEMFBGJOTFSUJPOPOUIFDPN USJPEPSBHSPXOJOUIF6OJUFE,JOHEPN+&TT0JM
QPTJUJPO PG NBSKPSBN PJM 'MBWPVS 'SBHSBODF + 3FT
o
o $PMMJOT
31
"')BMJN
&TTFOUJBMMFBGPJMJO$BMZ
$MBJSF
$
0G)FSCT4QJDFT"CFMBSE4DIVNBOO DBOUIVTGMPSJEVT1MBOUBNFE
o
-POEPO/FX:PSL5PSPOUP
QQ $POOFMM
%8
5IFDIFNJTUSZPGUIFFTTFOUJBMPJM
$MBSF
$
CFSEJF8FJUFEFT.FFSFTJOEFOEVG BOE PMFPSFTJO PG HJOHFS ;JOHJCFS PGGJDJOBMF 3PT
UFOEFO 0SJFOU %FS TFDITUF 4JOO EFT $ISJTUPQI DPF
'MBWPVS*OE
o
$PMVNCVTESBHPDPSFQ
o $POOFMM
%8
3" +PSEBO
$PNQPTJUJPO BOE
$MBSL
3+
3$.FOBSZ
&GGFDUTPGQIPUPQFSJPE EJTUJODUJWF WPMBUJMF GMBWPVS DIBSBDUFSJTUJDT PG UIF
POUIFZJFMEBOEDPNQPTJUJPOPGQFQQFSNJOUPJM+ FTTFOUJBMPJMGSPN"VTUSBMJBOHSPXOHJOHFS ;JOHJ
"NFS4PDIPSUJDVMU4DJ
o CFSPGGJDJOBMF
+4DJ'PPE"HSJD
o
$MBSLF
#+
)PQ QSPEVDUT + *OTU #SFXJOH
$PPL
$%,
++ 4ZNPOFOT
, 6SNJ,OJH
"
o SFWJTJPOPGUIFHFOVT0UUFMJB )ZESPDIJSBUBDFBF
*
$MBTTFO
#
,,OPCMPDI
CFSEJFUIFSJTDIFO (FOFSJDDPOTJEFSBUJPO"RVBUJD#PU
o
MFEFS8FJOSBVUF 3VUBHSBWFPMFOT-
;-FCFOT $PPL
'&.
&DPOPNZ CPUBOZ EBUB DPMMFDUJPO
NJUUFM6OUFSTV'PSTDI
o TUBOEBSE3PZBM#PUBOJD(BSEFO,FX
6,
QQ
$MFCTDI
#
" CPPL PG TBMWJBT 4BHFT GPS FWF $PPNFT
5+
)5 *TMJQ
84" .BUUIFXT
"GSB
SZ HBSEFO 5JNCFS 1SFTT
*OD 1PSUMBOE
0SFHPO
NPNVNBOHVTUJGPMJVNTFFEGSPN;BO[JCBS$PMP
QQ OJBM1MBOU"OJNBM1SPEVDUT
o
$MFNFOU
&+
.$ 'PSTUFS
"MJFO QMBOUT PG UIF $PSDJMJVT
'
;VS,FOOUOJTEFS*OIBMUTTUPGGFWPO
#SJUJTI*TMFT#PU4PD#SJUJTI*TMFT
-POEPO
QQ "SOJDBNPOUBOB-"SDI1IBSNB[JF
o
$PEE
-&
1MFDUSBOUIVT -BCJBUBF
BOE BMMJFE $PSOFS
&+)
8BZTJEFUSFFTPG.BMBZB5IF.B
HFOFSBJO4PVUIFSO"GSJDB#PUIBMJB
o MBZBO/BUVSF4PD
,VBMB-VNQVS
.BMBZTJB
FEO
$PFMIP
+"1
"11FSFJSB
3-.FOEFT
".'1BMBW 7PM
QQ
SB
4VQFSDSJUJDBM DBSCPO EJPYJEF FYUSBDUJPO $PSSFMM
%4
7BOJMMB*UTCPUBOZ
IJTUPSZ
DVMUJWB
PG'PFOJDVMVNWVMHBSFWPMBUJMFPJM'MBWPVS'SB UJPOBOEFDPOPNJDJNQPSU&DPO#PU
o
HSBODF0JM
o $PSUT
.
.-0ZBS[O
5BEFPOBMBOEJTPUBEF
$PIOFO
(
B %BT 7FJMDIFO ESBHPDPSFQ
POBMGSPN%SZNJTXJOUFSJJ'JUPUFSBQJB
o
o $PSUFT&TMBWB
+
4(PNF["SSPZP
37JMMBMPCPT1JFU
$PIOFO
(
C*SJTESBHPDPSFQ
o SJOJ
++&TQJOPTB"HVJSSF
.FUBCPMJDBDUJBUJ
$PJDJV
&
(3D[ OPZFBS
1MBOUFNFEJDJOBMF POPGUISFFBSZMBNJOFTBOEUXPPSHBOPQIPTQIP
3FGFSFODFT
SVTJOTFDUJDJEFTCZDPSJBOEFS $PSJBOEFSTBUJWVN
GSPN BNCSFUUF "CFMNPTDIVT NPTDIBUVT .P
BDPNNPOFEJCMFWFHFUBCMF5PYJDPM-FUUFST
FODI
TFFE'MBWPVS'SBHSBODF+
o
o $SB[F
3
5IF TQJDF DPNQBOJPO 5IF FTTFO
$PSUJ
1
& .B[[FJ
4 'FSSJ
(( 'SBODIJ
& %SFBTTJ
UJBM HVJEF UP VTJOH TQJDFT GPS ZPVS IFBMUI BOE
)JHIQFSGPSNBODFUIJOMBZFSDISPNBUPHSB XFMMCFJOH2VJOUFU1VCMJTIJOH-UE-POEPO 6,
QIJDRVBOUJUBUJWFBOBMZTJTPGQJDSPDSPDJOBOEDSP QQ4MPWBL&EO,PSFOJOZ;LMBEOQSSVLB
DFUJO
BDUJWF QSJODJQMFT PG TBGGSPO $SPDVT TBUJWVT P WZVWBO LPSFOOQSF DIVU
[ESBWJF B QPIPEV
-
*SJEBDFBF
"OFXNFUIPE1IZUPDIFN"OBMZ 'PSUVOB1SJOU#SBUJTMBWB
QQ
TJT
o $SFDDIJP
3EJ
-P[BGGFSBOP*UBMJB"HSJDPMB
$PTFOUJOB
4"#BSSB
#1JTBOP
.$BCJ[[B
'.1JSJT
o
' 1BMNBT
$PNQPTJUJPO BOE BOUJNJDSPCJBM $SPGU
+3
%/-FBDI
/FX(VJOFBGFSO "TQMF
QSPQFSUJFT PG 4BSEJOJBO +VOJQFSVT FTTFOUJBM PJMT OJVN BDSPCZSVN DPNQMFY
JEFOUJUZ
EJTUSJCVUJPO
BHBJOTUGPPECPSOFQBUIPHFOTBOETQPJMBHFNJD BOE DIFNJDBM DPNQPTJUJPO PG JUT TBMU &DPO #PU
SPPSHBOJTNT+'PPE1SPUFDU
o
o
$PTUB
0"EF
1JNFOUBEPNBUP9JMPQJBCSBTJMJ $SPXF
"
" GJFME HVJEF UP UIF OBUJWF FEJCMF
FOTJT4QSFOH
"OPOBDFBF"SRV#SPNBUPM 3JPEF QMBOUT PG /FX ;FBMBOE #JSLFOIFBE
"VDLMBOE
+BOFJSP
o /FX;FBMBOE
QQ
$PUUPO
$.
-7 &WBOT
+8 (SBNTIBX
5IF $TFSIUJ
5
&'PSHDT
.).PSBJT
5.PUB
"3BNPT
BDDVNVMBUJPOPGWPMBUJMFPJMTJOXIPMFQMBOUTBOE 4FQBSBUJPOBOERVBOUJUBUJPOPGDPMPVSQJH
DFMMDVMUVSFTPGUBSSBHPO "SUFNJTJBESBDVODVMVT
NFOUT PG DIJMJ QPXEFS $BQTJDVN GSVUFTDFOT
CZ
+&YQ#PU
o IJHIQFSGPSNBODF MJRVJE DISPNBUPHSBQIZEJPEF
$PVMBEJT
.
. [DBO
0 5[BLPV
" "LHVM
BSSBZEFUFDUJPO
+$ISPNBUPHS"
o
$PNQBSJUJWFFTTFOUJBMPJMDPNQPTJUJPOPGWBSJPVT $V
+2
'BO1V
:BO4IJ
'1FSJOFBV
.%FMNBT
"(B
QBSUTPGUIFUVSQFOUJOFUSFF 1JTUBDJBUFSFCFJOUIVT TFU
B5IF DIFNJDBM DPNQPTJUJPO PG MPWBHF
-
HSPXJOHXJMEJO5VSLFZ+4DJ'PPE"HSJD
IFBETQBDFBOEFTTFOUJBMPJMTQSPEVDFECZTPMWFOU
o FYUSBDUJPOXJUIWBSJPVTTPMWFOUT+&TT0JM3FT
$PVSU
8)
3$3PZ
31PDT
&GGFDUPGIBSWFTU o
EBUFPOUIFZJFMEBOERVBMJUZPGUIFFTTFOUJBMPJMPG $V
+2
'1FSJOFBV
0(PFQGFSU
C($.$BOB
QFQQFSNJOU$BOBE+1MBOU4DJ
o MZTJT PG TUBS BOJTF FTTFOUJBM PJM + &TT 0JM 3FT
$PVSUFS
+8
".3IPEFT
)JTUPSJDBMOPUFTPO o
IPSTFSBEJTI&DPO#PU
o $VGPEPOUJT
(
#FNFSLFOTXFSUF/VU[VOE,VM
$SBLFS
-&
+& 4JNPO
o )FSCT
TQJDFT
UVSQGMBO[FO "FUIJPQJFOT #PUBOJTDIF &SHFCOJTTF
BOENFEJDJOBMQMBOUT3FDFOUBEWBODFTJOCPUBOZ EFS &YQFEJUJPO EFT 'SPCFOJVT*OTUJUVUT EFS 6OJW
IPSUJDVMUVSF
BOEQIBSNBDPMPHZ0SZY1SFTT1IPF 'SBOLGVSU. OBDI 4E"FUIJPQJFO o *
OJJY "SJ[POB7PM
QQ
7PM
QQ
7PM
4FODLFOCFSHCJPM
o
QQ
7PM
QQ $VJ
8
/".&TLJO
$
(#JMJBEFSJT
$IFNJDBM
$SBTTFMU
&
CFS EJF QIZTJPMPHJTDIF 8JSLVOH BOEQIZTJDBMQSPQFSUJFTPGZFMMPXNVTUBSE 4JOB
WPO &YUSBLUFO BVT 4JOBQJT BMCB "SDI 1IBNB[JF QJTBMCB-
NVDJMBHF'PPE$IFN
o
o $VJ
:
$:8"OH
4VQFSDSJUJDBMGMVJEFYUSBDUJPO
$SBWFJSP
""
8 "MFODBS
'+ .BUPT
)4 "OESBEF
BOE IJHIQFSGPSNBODF MJRVJE DISPNBUPHSBQIJD
.*-.BDIBEP
&TTFOUJBMPJMGSPN#SB[JMJBO EFUFSNJOBUJPO PG QIMPSPHMVDJOPMT JO 4U +PIOT
7FSCFOBDFBF(FOVT-JQQFB+/BU1SPE
o XPSU )ZQFSJDVN QFSGPSBUVN -
+ "HSJD 'PPE
$IFN
o
$SBWFJSP
""
'+".BUPT
.*-.BDIBEP
+8"MFO $VOIB
"1EB
-34BMHVFJSP
5IFDIFNJDBMQP
DBS
&TTFOUJBMPJMPG5BHFUFTNJOVUBGSPN#SB MZNPSQIJTNPG5IZNVT[ZHJTTTQTZMWFTUSJTGSPN
[JM1FSGVNFS'MBWPS
/P
o DFOUSBM1PSUVHBM+&TT0JM3FT
o
$SBWP
-
'1SJOBV
"(BTFU
+.#FTTJFSF
4UV $VWFMJFS
.&
$#FSTFU
)3JDIBSE
"OUJPYJEBOU
EZ PG UIF DIFNJDBM DPNQPTJUJPO PG UIF FTTFOUJBM DPOTUJUVFOUT JO TBHF 4BMWJB PGGJDJOBMJT
+ "HSJD
PJM
PMFPSFTJO BOE JTU WPMBUJMF QSPEVDU PCUBJOFE 'PPE$IFN
o
3FGFSFODFT
$[BCBKTLB
8
, ,B[NJFSD[BL
& -VEXJD[
#J %BIM
+
(VOEFSNBOOIBU[XFJ(FTJDIUFS'MPSB
PMPHJTDIF ;DIUVOHTVOUFSTVDIVOHFO CFJ EFS .BHB[JOGS)BVTV(BSUFO
/P
.BSJFOEJTUFM
4JMZCJVNNBSJBOVN -
(BFSUO%SP %BLF
(/
%JTFBTFT PG HJOHFS ;JOHJCFS PGGJ
HFOSFQPSU
/P
o DJOBMF 3PYC
BOE UIFJS NBOBHFNFOU + 4QJDFT
$[VQPS
-
2VBOUJUBUJWF#FTUJNNVOHEFS1Z "SPNBUJD$SPQT
o
SPOFJO'SVDUVT"NNJWJTOBHF%UTDI"QPUIFLFS %BMBOH
'
&.BSUJO
+7PHFM
&YBNFOEFTBS
;UH
o NFT EF WBOJMMF FU EFT QSPEVJUT BMJNFOUBJSFT WB
$[ZHBO
'$
'PFOJDVMVN WVMHBSF o %FS 'FO OJMMT QBSDISPNBUPHSBQIJF MJRVJEF IBVUF QFS
DIFM;1IZUPUIFS
o GPSNBODF .JUU (FCJFUF -FCFOTNJUUFM)ZH
$[ZHBO
'$
"OJT "OJTJGSVDUVT%"#
o1JN o
QJOFMMBBOJTVN-;1IZUPUIFS
o %BMCZ
"
%BOHFSPVTUBTUFT5IFTUPSZPGTQJDFT
$[ZHBO
'$
,VMUVSHFTDIJDIUFVOE.ZTUJLEFT 6OJW $BMJGPSOJB 1SFTT #FSLFMFZ-PT "OHFMFT
+PIBOOJTLSBVUFT 7PN +BISF BMUFO "QPUSP QQ
QBJLVN[VNBLUVFMMFO"OUJEFQSFTTJWVN;1IZUP %BM[JFM
'
5IFVTFGVMQMBOUTPG8FTUUSPQJDBM"G
UIFS
o SJDB(SPXOBHFOUTGPSUIFDPMPOJFT1VCMJTIJOH4
$[ZHBO
'$
%BTUIFSJTDIFMEFS4DIBGHBSCF )VUDIJOTPO-POEPOQQ
%UTDI"QPUIFLFS;UH
o %BOFSU
4
;VS4ZTUFNBUJLWPO1BQBWFSTPNOJ
$[ZHBO
'$
#BTJMJLVNo0DJNVNCBTJMJDVN- GFSVN-,VMUVSQGMBO[F
o
;1IZUPUIFS
o %BOFSU
4
;VS (MJFEFSVOH WPO 1FUSPTFMJOVN
$[ZHBO
'$
%JF 4VNQGEPUUFSCMVNF %UTDI DSJTQVN .JMM
/ZN,VMUVSQGMBO[F
o
"QPUIFLFS;UH
o %BOJFM
1
"3BKFOESBO
-JQQFBBMCB .JMM
/&
$[ZHBO
'$
3)OTFM
5IZNJBOVOE2VFOEFM #S%JTUJODUGSPN-JQQFBKBWBOJDB #VSNG
4QSFO
o "S[OFJ VOE (FXS[QGMBO[FO ; 1IZUPUIFS
HFM 7FSCFOBDFBF
#VMM*OTU#PU4VSWFZPG*OEJB
o
o
%"SDZ
8( FE
4PMBOBDFBF#JPMPHZBOE4Z
UFNBUJDT $PMVNCJB 6OJW 1SFTT /FX :PSL /:
% QQ
%"SDZ
8(
8) &TICBVHI
/FX XPSME QFQ
%B$VOIB
"1
0-33PRVF
5IFDIFNJDBMDPN QFS $BQTJDVN4PMBOBDFBF
OPSUIPG$PMVNCJBB
QPTJUJPOPGUIFFTTFOUJBMPJMBOEBMDPIPMJDFYUSBDU STVN#BJMFZB
o
PG+VOJQFSVTDPNNVOJT-+&TT0JM3FT
o %BSSBI
))
5IF DVMUJWBUFE CBTJMT #VDLFZF
%BCJSJ
.
'4FGJELPO
"OBMZTJTPGUIFFTTFOUJ 1SJOUJOH$P
*OEFQFOEFODF
.JTTPVSJ
QQ
BM PJM GSPN BFSJBM QBSUT PG 1FSPWTLJB BUSJQMJDJGPMJB %BT
1
4,4BSNB
%SZJOHPGHJOHFSVTJOHTP
#FOUIBUEJGGFSFOUTUBHFTPGQMBOUHSPXUI'MBWPVS MBS DBCJOFU ESZFS + 'PPE 4DJ5FDIOPM *OEJB
'SBHSBODF+
o o
%BGGFSUTIPGFS
(
.FOUIBQJQFSJUBVOE.FOUIB %BTIBL
%"
.- %BXBOH
/# -VDBT
"O BT
BSWFOTJT
1GFGGFSNJO[MF (PSEJBO )BNCVSH
TFTTNFOUPGUIFQSPYJNBUFDIFNJDBMDPNQPTJUJPO
/P
o PGMPDBMMZQSPEVDFETQJDFTLOPXOBTEBEBXBCBT
%BIBC
"."
(&'BINZ
";4BSIBO
*.)BSSJEZ
TPBOEEBEBXBLBMXBGSPNUISFFNBSLFUTJO1MF
B&GGFDUPGDIFNJDBMGFSUJMJ[FSTPOHSPXUIBOE UFBV4UBUFPG/JHFSJB'PPE$IFN
o
FTTFOUJBMPJMPG$BMBNJOUIBPGGJDJOBMJTWBSiOFQFUP %BTUVS
+'
6TFGVMQMBOUTPG*OEJBBOE1BLJTUBO
JEFTw "OO BHSJDVMU 4DJ
"JO 4IBNT 6OJW &HZQU
"QPQVMBSIBOECPPLPGUSFFTBOEQMBOUTPGJOEVT
o EVTUSJBM
FDPOPNJDBOEDPNNFSDJBMVUJMJUZ%#5B
%BIBC
"."
(&'BINZ
";4BSIBO
*.)BSSJEZ
SBQPSFWBMB4POT$P-UE#PNCBZ *OEJB
FEO
C &GGFDU PG GFSUJMJ[FST PO DIFNJDBM DPOTUJUV QQ
FOUT PG $BMBNJOUIB PGGJDJOBMJT +PSE WBS OFQFUP %BUUB
",
4, 3BOH
*OEVDFE WBSJBCMF NPS
JEFT "OO BHSJDVMU 4DJ
"JO 4IBNT 6OJW &HZQU
QIPMPHJDBMNVUBUJPOJO/JHFMMBTBUJWB- CMBDLDV
o NJO
+)JMM3FT
o
%BUUB
4
3 $IBUUFSKFF
1, $IBUUPQBEIZBZ
3FGFSFODFT
5VSNFSJDQSPQBHBUFEGSPNNPUIFSSIJ[PNFoJUT QSPQFSUJFTPGNBKPSBNWPMBUJMFPJM'MBWPVS'SB
.PSQIPMPHJDBMBOEZJFMEDIBSBDUFST&OWJSPONFOU HSBODF+
o
&DPMPHZ
o %FCPS
)8
#JCMJPHSBQIJFEFTJOUFSOBUJPOBMFO
%BVFS
"
7BOJMMB
7BOJMMFoEJF,OJHJOEFS(F 8BMOV4DISJGUUVNT #JCMJPHSBQI 3FJIF 5FDIO
XS[F%SPHFOSFQPSU
/P
o 6OJW#FSMJO
QQ
%BVLBT
&
13 7FOTLVUPOJT
# 4JWJL
&YUSBD %FHOBO
"+
+)WPO&MCF
38)BSUFM
&YUSBD
UJPO PG MPWBHF -FWJTUJDVN PGGJDJOBMF ,PDI
SPPU UJPOPGBOOBUUPTFFEQJHNFOUCZTVQFSDSJUJDBMDBS
CZ DBSCPOEJPYJEF &GGFDU PG $0 QBSBNFUFST PO CPOEJPYJEF+'PPE4DJ
o
UIFZJFMEPGUIFFYUSBDU+"HSJD'PPE$IFN
%FJOJOHFS
3
(FXS[OFMLFO 4Z[ZHJVNBSPNB
o UJDVN
VOE /FMLFOM o BLUVFMMF 1IZUPQIBSNBLB
%BWJEPW
//
'$I #BDIUFFWB
;1IZUPUIFS
o
#PUBOJDBM %JDUJPOBSZ 3VTTJBO %FMBOHF
:
$FTHBOUTQBSNJMFTGMPSFTTVDDV
&OHMJTI(FSNBO'SFODI-BUJO MFOUFT MFST "EBOTPOJB BV CBPCBCT 4VDDVMFOUFT
'SBODF
/P
o
3FEBLUJPO .PTLWB %FMMBDBTTB
&
% -PSFO[P
- .POEFMMP
* 4UBHOP
E"MDPOUSFT
$IFNJDBM DPNQPTJUJPO PG UIF
FTTFOUJBMPJMJTPMBUFEGSPNXJMEDBUOJQ/FQFUBDB
.BJO SFEBDUJPO GPSFJHO TDJUFDIOJDBM EJDUJPOBSZ UBSJB - DW DJUSJPEPSB GSPN UIF %SPNF SFHJPO PG
.PTLPX
QQ JO3VTTJBO
'SBODF+&TT0JM3FT
o
%BWJETPO
"
5IF0YGPSE$PNQBOJPOUP'PPE %FMMBDBTTB
&
&4PMFS
1.FOOEF[
1.PZOB
0YGPSE6OJW1SFTT
0YGPSE
QQ &TTFOUJBM PJMT GSPN -JQQFB BMCB .JMM
/& #SPXO
%BWJFT
'(
5IFHFOVT(ZOVSB $PNQPTJUBF
JO BOE "MPZTJB DIBNFESJGPMJB $IBN 7FSCFOBDFBF
"GSJDB,FX#VMM
o GSPN6SVHVBZ'MBWPVS'SBHSBODF+
o
%BWJFT
'(
5IF HFOVT (ZOVSB $PNQPTJUBF
%FMUBJM
"
-BWBOJMMB
TBDVMUVSFFUTBQSQBSBUJ
JO &BTUFSO "TJB BOE UIF )JNBMBZBT ,FX #VMM
PO$IBMUBOTBM
#JCMJPUIRVFE"HSJDVMUVSFDPMPOJ
o BMF
1BSJT
FEO
QQ
%BWJFT
'(
5IFHFOVT(ZOVSB $PNQPTJUBF
JO %FNBSOF
'
++" WBO EFS8BMU
0SJHJO PG UIF
.BMBZTJBBOE"VTUSBMJB,FX#VMM
o SPTFTDFOUFE1FMBSHPOJVNDVMUJWBSHSPXOPO3V
%BWJFT
/8
3$.FOBSZ
7PMBUJMFDPOTUJUVFOUT OJPO*TMBOE4PVUI"GSJD+#PU
o
PG #PSPOJB NFHBTUJHNB GMPXFST 1FSGVNFS 'MB %FNBSOF
'
".7JMKPFO
++"WBOEFS8BMU
"
WPSJTU
o TUVEZPGUIFWBSJBUJPOJOUIFFTTFOUJBMPJMBOENPS
%BWJT
%
"MMJVNT5IFPSOBNFOUBMPOJPOT#5 QIPMPHZ PG 1FMBSHPOJVN DBQJUBUVN -
-)SJU
#BUTGPSE-UE-POEPO
QQ (FSBOJBDFBF
1BSU5IFDPNQPTJUJPOPGUIFPJM
%BWJT
%7
3($PPLT
%JSFDUDIBSBDUFSJTUJ[BUJ +&TT0JM3FT
o
POPGOVUNFHDPOTUJUVFOUTCZNBTTTQFDUSPNFUSZ %FNJSDJ
#
,)$#BTFS
(5VNFO
B$PNQPTJ
+"HSJD'PPE$IFN
o UJPOPGUIFFTTFOUJBMPJMPG4BMWJBBSBNJFOTJT3FDI
%BWJT
'4
-( "MCSJHP
$JUSVT $"# *OUFSOBU GJM HSPXJOH JO5VSLFZ 'MBWPVS 'SBHSBODF +
8BMMJOHGPSE
6,
QQ $SPQ1SPEVDUJPO4DJJO o
)PSUJDVMU
4FS/P
%FNJSDJ
#
/5BCBODB
,)$ #BTFS
C &OBOUJ
%BWJT
1) FE
'MPSBPG5VSLFZBOEUIF&BTUFSO PNFUSJDEJTUSJCVUBUJPOPGTPNFNPOPUFSQFOFTJO
"FHBFO *TMBOET 6OJW 1SFTT &EJOCVSHI
6,
7PM UIFFTTFOUJBMPJMTPGTPNF4BMWJBTQFDJFT'MBWPVS
QQ 'SBHSBODF+
o
%BWJT
8/-
5IFDBSPCUSFFBOEJUTJNQPSUBODF %FOH
$
(4POH
:)V
9;IBOH
%FUFSNJOB
JOUIFBHSJDVMUVSBMFDPOPNZPG$ZQSVT&DPO#PU UJPOPGUIFWPMBUJMFDPOTUJUVFOUTPG$IJOFTF$PSJ
o BOESVNTBUJWVN-CZHBTDISPNBUPHSBQIZNBTT
%BXTPO
#4
3"'SBOJDI
3.FEFS
&TTFOUJBM TQFDUSPNFUSZ XJUI TPMJEQIBTF NJDSPFYUSBDUJPO
PJMPG.FMJTTBNFEJDJOBMJT-TVCTQFDBMUJTTJNB"S $ISPNBUPHSBQIJB
o
DBOH'MBWPVS'SBHSBODF+
o %FQSFF
+"
5.)PXBSE(14BWBHF
'MBWPVS
%FBOT
4(
,14WPCPEB
5IF BOUJNJDSPCJBM BOEQIBSNBDFVUJDBMQSPQFSUJFTPGUIFWPMBUJMFTVM
3FGFSFODFT
%VEBJ
/
"1PMKBLPGG.BZCFS
)3-FSOFS
&1VUJFWT %VUUB
1,
)04BYFOB
.#SBIBN
,FXEBQFS
LZ
63BWJE
*,BU[JFS
*OIJCJUJPOPGHFSNJOB GVNFJOEVTUSZJO*OEJB&DPO#PU
o
UJPOBOEHSPXUICZWPMBUJMFPG.JDSPNFSJBGSVUJDP
TB"DUB)PSU 5IF)BHVF
o
%VEUTDIFOLP
"
(
"4 ,PTKBLPW
77 ,SJWFOLP &
4QJDZBSPNBUJD BOE TQJDZ UBTUJOH QMBOUT &DIFWFSSJHBSBZ
4
( "HPTUJOJ
- "UUJ4FSGJOJ
/ 1BS
" FODZDMPQFEJB PVM
('1BVMFUUJ
"$"UUJEPT4BOUPT
$PS
4DJ SFMBUJPOCFUXFFOUIFDIFNJDBMBOEHFOFUJDSFMB
FOUJGJD 1VCMJTIFST
,JFX
UJPOTIJQT BNPOH DPNNFSDJBM UIZNF DVMUJWBST +
QQ JO3VTTJBO
"HSJD'PPE$IFN
o
%VHP
("
5IF DPNQPTJUJPO PG UIF WPMBUJMF &DIJN
5
/FVF BVTHFGBMMFOF #BTJMJLVNTPSUFO
GSBDUJPOPGUIF*UBMJBODJUSVTFTTFOUJBMPJM1FSGVNFS (FNTF
o
'MBWPSJTU
/P
o &DLFS4DIMJNQG
#
1FSVCBMTBN
XJF JTU FS HF
%VHP
("
"EJ(JBDPNP
$JUSVT5IFHFOVT$J TVOEIFJUMJDI[VCFVSUFJMFO%UTDI"QPUIFLFS;UH
USVT5BZMPS'SBODJT-POEPO/FX:PSL
QQ
o
%VHP
1
-.POEFMMP
,%#BSUMF
""$MJGGPSE
%(1" &ESJT
"&
).'BEFM
*OWFTUJHBUJPOPGUIFWPMB
#SFFO
(" %VHP
%FUFSQFOBUJPO PG TXFFU UJMFBSPNBDPNQPOFOUTPGHBSMJDMFBWFTFTTFOUJBM
PSBOHFBOEMFNPOFTTFOUJBMPJMTXJUITVQFSDSJUJDBM PJM 1PTTJCJMJUZ PG VUJMJ[BUJPO UP FOSJDI HBSMJD CVMC
DBSCPO EJPYJEF VTJOH TJMJDB HFM BT BO BETPSCFOU PJM&VS'PPE3FT5FDIOPM"
o
'MBWPSJOH'SBHSBODF+
o &EXBSETPO
+3
)PQT o UIFJS CPUBOZ
IJTUPSZ
%VLF
+"
$3$ )BOECPPL PG NFEJDBM IFSCT QSPEVDUJPOBOEVUJMJ[BUJPO&DPO#PU
o
$3$1SFTT#PDB3BUPO
'MPSJEB
QQ &GGFOCFSHFS
4
)4DIJMDIFS
(FXS[TVNDISJO
%VLF
+"
&4"ZFOTV
.FEJDBMQMBOUTPG$IJOB EF;1IZUPUIFS
o
3FGFSFODF1VCM"MHPOBD
7PM
QQ &HFS
)
) )FJOF
*OIBMUTTUPGGF WPO #PIOFO
%VLF
+"
.+P #PHFOTDIVU[(PEXJO
+ EV$FMMJFS
LSBVUTPSUFO(FNTF
o
1", %VLF
$3$ )BOECPPL PG NFEJDJOBM &IMFST
%
)1-$6OUFSTVDIVOH WPO )BOEFMT
4QJDFT$3$1SFTT#PDB3BUPO
'MPSJEB
QQ QSPEVLUFO NJU7BOJMMF PEFS7BOJMMFBSPNB %UTDI
%VOH
/9
5%$IJOH
%%3BOH
1"-FDMFSR
B -FCFOTNJUUFM3ETDI
o
$POTUJUVFOUTPGUIFGMPXFSPJMPG"MQJOJBTQFDJPTB, &IMFST
%
4 #BSUIPMPNBF
)PDIESVDLGMTTJH
4DIVNGSPN7JFUOBN+&TT0JM3FT
o LFJUTDISPNBUPHSBQIJTDIF 6OUFSTVDIVOHWPO 7B
%VOH
/9
5%$IJOI
%%3BOH
1"-FDMFSDR
C OJMMF$0)PDIESVDLFYUSBLUFO ; -FCFOTNJUUFM
7PMBUJMFDPOTUJUVFOUTPGUIFTFFEBOEGSVJUTLJOPJMT 6OUFSTV'PSTDI
o
PG$BUJNCJVNMBUJMBCSF 3JEM
)PMUUGSPN7JFUOBN &IMFST
%
. 1GJTUFS
$PNQPVOET PG WBOJMMPOT
+&TT0JM3FT
o 7BOJMMBQPNQPOB4DIJFEF
+&TT0JM3FT
o
%VOH
/9
-%$V
/)5IBJ
-%.PJ
-WBO)BD
1"
-FDMFSDR
$POTUJUVFOUTPGUIFMFBGBOEGMPXFS &IMFST
%
.1GJTUFS
4#BSUIPMPNBF
"OBMZTJTPG
PJMTPG"HBTUBDIFSVHPTB 'JTDIFU.FZ
0,VOU[F 5BIBJUJ WBOJMMB CZ IJHIQFSGPSNBODF MJRVJE DISP
GSPN7JFUOBN+&TT0JM3FT
o NBUPHSBQIZ ; -FCFOTNJUUFM6OUFST V 'PSTDI
%SCFDL
,
%JF USPQJTDIFO 7FSXBOEUFO EFS
o
WJFS NJUUFMFVSPQJTDIFO "SUFNJTJB"SUFO %SP &IMFST
%
. 1GJTUFS
4 #BSUIPMPNBF
)1-$
HFOSFQPSU
/P
o 6OUFSTVDIVOH WPO OBUSMJDIFO VOE LOTUMJDIFO
%VSJZBQSBQBO
4
&+#SJUUFO
5IFFGGFDUPGBHF 7BOJMMF"SPNFO(*5
'BDI[FJUTDIS-BCPS
o
BOEMPDBUJPOPGMFBGPORVBOUJUZBOERVBMJUZPG+B
QBOFTFNJOUPJMQSPEVDUJPO+&YQ#PU
o &IMFST
%
+'SCFS
".BSUJO
,82VSJO
%(FSBSE
6OUFSTVDIVOHWPO'FODIFMMFOo7FSHMFJDI
%VTFNVOE
#
.(PMM
8(SVOPX
5)VXFS
(F WPO$0&YUSBLUFOVOE8BTTFSEBNQGEFTUJMMBUJPO
TVOEIFJUMJDIF#FVSUFJMVOHWPO1FSVCBMTBN#VO %UTDI-FCFOTNJUUFM3ETDI
o
EFTHFTVOEIFJUTCMBUU
o &IMFST
%
. 1GJTUFS
83 #PSL
1 5PGGFM/BEPMOZ
3FGFSFODFT
)1-$BOBMZTJTPGUPOLBCFBOFYUSBDUT;-F BOECJPMPHJDBMWBMVFTPGCMBDLDVNJOTFFET+"H
CFOTNJUUFM6OUFSTV'PSTDI
o SJD4DJ.BOTPVSB6OJW
o
&IMFST
%
41MBUUF
83#PSL
%(FSBSE
,82VJSJO
&M)BNJEJ
"
(3JDIUFS
1SFMJNJOBSZJOWFTUJHB
)1$-6OUFSTVDIVOH WPO SPUFO 4UFJOLMFF UJPOPG&HZQUJBODVNJOPJMCZUIJOMBZFSDISPNBUP
&YUSBLUFO%UTDI-FCFOTNJUUFM3ETDI
o HSBQIZ-MPZEJB
o
&IMFST
%
14DIGFS
)%PMJWB
+,JSDIIPGG
7B &M)BNJEJ
"
44"INFE
'4IBBSBXBZ
-JQQFB
OJMMJOHFIBMUVOE*OIBMUTTUPGG7FSIMUOJT[BIMFOWPO DJUSJPEPSBHSPXOJO&HZQU"OFXDSPQVOEFSEF
7BOJMMFTDIPUFO o &JOGMVTT EFS &YUSBLUJPOTCFEJO WFMPQNFOU"DUB)PSUJDVMU
o
HVOHFO BVG EJF FSNJUUFMUFO 8FSUF o %JTLVTTJPO &M.BTSZ
4
")" "CPV%BOJB
'" %BSXJTI
."
WPO3JDIUXFSUFO%UTDI-FCFOTNJUUFM3ETDI
"CPV,BSVN
. (SFO[
' #PIMNBOO
4FT
o RVJUFSQFOFMBDUPOFTGSPN$ISZTBOUIFNVNDPSP
&JDIIPSO
4
1 8JOUFSIBMUFS
(MVDPUSPQJOCF OBSJVN1IZUPDIFNJTUSZ
o
TUJNNVOHJO,BQV[JOFSLSFTTF 5SPQBFPMFVNNB &M/FNS
4&
*"*TNBJM
.3BHBC
5IFDIFNJDBM
KVT -
&OUXJDLMVOH FJOFS )1-$#JPTFOTPSLPQQ DPNQPTJUJPO PG KVJDF BOE TFFET PG QPNFHSBOBUF
MVOH-FCFOTNJUUFMDIFNJF
GSVJU'SVJUQSPDFTTJOH
o
&JDIJOHFS
3
)PMVOEFS(5IJFNF7FSMBH4UVUU &M5JOBZ
")
"),IBUUBC
.0,IJEJS
1SPUFJO
HBSU
QQ BOEPJMDPNQPTJUJPOPGTFTBNFTFFE+"NFS0JM
&JTOFS
5
,%.D$PSNJDL
.4BLBJOP
.&JTOFS
43 $IFN4PD
o
4NFEMFZ
%+"OFTIBOTMFZ
.%FZSVQ
3-.FJO &NCPOH
.#
%)BE[JZFW
4.PMOBS
&TTFOUJBM
XBME
$IFNJDBMEFGFOTFPGBSBSFNJOUQMBOU PJMTGSPNTQJDFTHSPXOJO"MCFSUB"OJTFPJM+$B
$IFNPFDPMPHZ
o OBE1MBOU4DJ
o
&LPOH
%&6
"60HBO
$POTUJUVFOUTPG9ZMP &OHFM
%
41IVNNBJ
"GJFMEHVJEFUPUSPQJDBM
QJBBFUIJPQJDB4USVDUVSFPGYZMPQJYBDJE
BEJUFS QMBOUTJO"TJB5JNFT&EO4JOHBQPSFQQ
QFOFBDJE+$IFN4PD -POEPO
o &OHFM
3
"/BISTUFEU
'+)BNNFSDINJEU
5IF
&LVOEBZP
0
'+ )BNNNFSTDINJEU
D $PO FTTFOUJBMPJMPG$FESPOFMMBDBOBSJFOTJTBOE$DB
TUJUVFOUT PG FTTFOUJBM PJM PG .POPEPSB NZSJTUJDB OBSJFOTJTWBSBOJTBUB1MBOUBNFE
"o"
TFFET'JUPUIFSBQJB
o &OHFMCFFO
.
-FT"MFVSJUFT#VMMBHSJD$POHP
&LVOEBZP
0
'+)BNNFSTDINJEU
B$POTUJUV #FMHF
o
FOUTPGFTTFOUJBMPJMPG.POPEPSBNZSJTUJDBTFFET &OHFMTIPXF
3
3IBCBSCFS
FJOF BMUF %SPHF
'JUPUFSBQJB
o oJNNFSOPDIBLUVFMM1IBSNB[JFJOVOTFSFS;FJU
&LVOEBZP
0
* -BBLTP
3. "EFHCPMB
# 0HVOUJ
o
NFJO
"4PGPXPSB
3)JMUVOFO
C&TTFOUJBMPJM &OSRVF[
4
,4BOE+FOTFO
7BSJBUJPOPGMJHIU
DPOTUJUVFOUTPGBTIBOUJQFQQFS 1JQFSHVJOFFOTF
BCTPSQUJPO QSPQFSUJFT PG .FOUIB BRVBUJDB - BT
GSVJUT CFSSJFT
+"HSJD'PPE$IFN
o B GVODUJPO PG MFBG GPSN JNQMJDBUJPOT GPS QMBOU
&LVOEBZP
0
* -BBLTP
3 )JMUVOFO
$POTUJUV HSPXUI*OUFSOBU+1MBOU4DJ
o
FOUTPGUIFWPMBUJMFPJMGSPNMFBWFTPG0DJNVNDB &SEFMNFJFS
$"+
)ZQFSGPSJO
QPTTJCMZUIFNB
OVN4JNT'MBWPVS'SBHSBODF+
o KPSOPOOJUSPHFOPVTTFDPOEBSZNFUBCPMJUFPG)Z
&LVOEBZP
0
* -BBLTP
. )PMPQBJOFO
3 )JMUVOFO
QFSJDVNQFSGPSBUVN-1IBSNBDPQTZDIJBUSZ 4
# 0HVOUJNBJO
7 ,BVQQJOFO
5IF DIFNJ o
DBMDPNQPTJUJPOBOEBOUJNJDSPCJBMBDUJWJUZPGUIF &SIBSEU
8
)FNFSPDBMMJT5BHMJMJFO7FSMBH&6M
MFBG PJM PG7JUFY BHOVTDBTUVT - + &TT 0JM 3FT
NFS4UVUUHBSU
QQ
o &SIBSEU
8
& (U[
/ #EFLFS
4 4FZCPME
&MBNSBOJ
"
4;SJSB
##FOKJMBMJ
.#FSSBEB
" ;"/%&3)BOEXSUFSCVDIEFS1GMBO[FOOB
TUVEZPG.PSPDDPBOSPTFNBSZPJMT+&TT0JM3FT NFO7FSMBH&6MNFS4UVUUHBSU
FEO
QQ
o FEOQQ
&M%BLIBLIOZ
.
4UVEJFTPO&HZQUJBO/JHFMMB &SJDITFO#SPXO
$I
.FEJDJOBMBOEPUIFSVTFT
TBUJWB-"S[OFJNJUUFM'PSTDI
o PG/PSUI"NFSJDBOQMBOUT"IJTUPSJDBMTVSWFZXJUI
&M%IBX
;:
/. "CEFM.VOBFN
$IFNJDBM TQFDJBMSFGFSFODFUPUIF&BTUFSO*OEJBOUSJCFT%P
WFS1VCMJDBUJPOT
*OD/FX:PSL
QQ
3FGFSFODFT
1IZUPDIFNJTUSZ
o 'JDP
(
" #BEFS
( 'MBNJOJ
1- $JPOJ
* .PSFMMJ
'BUUPSVTTP
&
. *PSJ[[J
7 -BO[PUUJ
0 5BHMJBMBUFMB &TTFOUJBMPJMPG/JHFMMBEBNTDFOB- 3BOVO
4DBGBUJ
$IFNJDBM DPNQPTJUJPO PG TIBMMPU DVMBDFBF
TFFET+&TT0JM3FT
o
"MMJVN BTDBMPOJDVN )PSU
+ "HSJD 'PPE $IFN 'JFME
+"
(/JDLFSTPO
%%+BNFT
$)FJEFS
o %FUFSNJOBUJPOPGFTTFOUJBMPJMTJOIPQTCZIFBE
'BZFU
#
$ 5JTTF
. (VFSFSF
+ &TUJFOOF
TQBDFTPMJEQIBTFNJDSPFYUSBDUJPO+"HSJD'PPE
/PVWFBVY DSJUSFT BOBMZUJRVFT EBOT MUVEF EFT $IFN
o
HPVTTFTEFWBOJMMF"OBMZTJT
o 'JODLF
)
CFS3PTNBSJOBMTWFS[JFSFOEF(F
'B[JM
'3:
3 )BSENBO
5IF TQJDF GFOVHSFFL CDLVOE.BS[JQBO[VUBUVOETFJOFTPOTUJHF7FS
5SJHPOFMMB GPFOVNHSBFDVN -
JUT DPNNFSDJBM XFOEVOH BMT XS[FOEF 1GMBO[F VOE JN #SBVDI
WBSJFUJFTPGTFFEBTTPVSDFPGEJPTHFOJO5SPQ4DJ UVN(PSEJBO )BNCVSH
o
/P
o 'JODLF
)
7PN#BDLXBSFOHFXS["OJTVOETFJ
'FIS
%
6OUFSTVDIVOH CFS "SPNBTUPGGF WPO OFS(FTDIJDIUF(PSEJBO )BNCVSH
o
4FMMFSJF "QJVN HSBWFPMFOT -
1IBSNB[JF
'JOUFMNBOO
7
58FHFOFS
(FMCXVS[FM o FJOF
o VOUFSTDIU[UF)FJMQGMBO[F%UTDI"QPUIFLFS;UH
'FJM
#
34FZGBSUI
$0SMBDDIJP
..FTTNFS
1,BEF
o
# .FJFS
# #UFS
&OUXJDLMVOH VOE &SUSBH 'JTDIFS
/
//JU[
'%SBXFSU
CFSHFCVOEFOF
WFSTDIJFEFOFS 7JUFY BHOVTDBTUVT)FSLOGUF JN "SPNBTUPGGFJO1GMBO[FO.JUU'MDIUJHF7FSCJO
'FMEBOCBVJO*UBMJFO;"S[OFJV(FXS[QGMBO[FO EVOHFO BVT HFCVOEFOFO7PSTUVGFO JO .BKPSBOB
IPSUFOTJT.PFODI$IFN.JLSPCJPM5FDIOPM-F
'FMMPVT
3
((FPSHF
$4DIJQQB
7BOJMMJOFBOP CFOTNJUUFM
o
NBMJFT EBOT MF QSPUPDPMF EJEFOUJGJDBUJPO QBS $ 'JTDIFS
/
//JU[
'%SBXFSU
0SJHJOBMGMBWPVS
1BSGVN
$PTNFUJDT
"SPNFT
o DPNQPVOETBOEUIFFTTFOUJBMPJMDPNQPTJUJPOPG
'FOH
1$.
-+)ZOFT
,&.BHOVT
)JHIDPO NBKPSBN'MBWPVS'SBHSBODF+
o
DFOUSBUJPOPG o
OPSBESFOBMJOFJO1PSUVMBDBPMFSB 'JTINBO
. 5IF SPTF DBMMFEi,B[BOMJLw 3PTF
DFB/BUVSF -POEPO
MFUUFST
/P
o
'FOXJDL
%
$SPDPTNJBoBCSJFGIJTUPSZ#VMCT 'MBNJOJ
(
&.BTUSPSJMMJ
1-$JPOJ
*.PSFMMJ
-1BOJ[
/P
o [J
&TTFOUJBMPJMGSPN$SJUINVNNBSJUJNVN
'FOXJDL
(3
"#)BOMFZ
5IFHFOVT"MMJ HSPXOJO-JHVSJB *UBMZ
TFBTPOBMWBSJBUJPOBOENJ
VN1BSU*o***$SJU3FW'PPE4DJ/VUSJU
o DSPCJBMBDUJWJUZ+&TT0JM3FT
o
o
o 'MBNJOJ
(
1-$JPOJ
*.PSFMMJ
..BDDIJB
-$FDDB
'FSSP
+&.
" BWFOUVSB EBT QMBOUBT F PT SJOJ
.BJOBHSPOPNJDQSPEVDUJWFDIBSBDUF
EFTDPCSJNFOUPT 1PSUVHVFTFT &EJP *OTU *OWFT SJTUJDTPGUXPFDPUZQFTPG3PTNBSJOVTPGGJDJOBMJT-
UJHBP$JFOUGJDJB5SPQ$PNJTTPQBSBBT$PNF BOEDIFNJDBMDPNQPTJUJPOPGUIFJSFTTFOUJBMPJMT+
NPSBFT EPT %FTPDPCSJNFOUPT 1PSUVHVFTFT "HSJD'PPE$IFN
o
'VOEBP#FSBSEP-JTCPB
QQ 'MBNJOJ
(
$JPOJ
1-
*.PSFMMJ
%JGGFSFODFTJO
'FSSBSJ
+1
( "MMBVE
#JCMJPHSBQIJF EV HFOSF UIFGSBHSBODFTPGQPMMFO
MFBWFT
BOEGMPSBMQBSUTPG
$BQTJDVN+"HSJDUSPQ#PU"QQM
o HBSMBOE $ISZTBOUIFNVNDPSPOBSJVN
BOEDPN
'FSSBSP
1.
-BTTQFDJFT"SHFOUJOBTEFMHFOFSP QPTJUJPOPGUIFFTTFOUJBMPJMGSPNGMPXFSIFBETBOE
5BHFUFT#PM4PD"SHFOUJOB#PU
o MFBWFT+"HSJD'PPE$IFN
o
'FSSFJSB
+-*
/' 3PRVF
70 EF 'FSSP
0DJ 'MFJTDIIBVFS
4U(
&O[ZLMPQEJFEFSFTTCBSFO
NVNNJDSBOUIVN8JMME.BOKFSJDBPPG#SB[JM)JT 8JMEQGMBO[FO"57FSMBH"BSBV
.VOJDI
QQ
UPMPHJDPFRVJNJDPDBSBDUFSJTUJDB3FW*OTU"EPMGP 'MFJTDINBOO
1
/ 8BUBOBCF
1 8JOUFSIBMUFS
-VU[
4P1BVMP
o /BDIXFJT FJOFT DBSPUJOPJETQBMUFOEFO &O[ZNT JO
'FSSVB
'2
.0. .BSRVFT
-FNPOHSBTT FT #MUFOWPO0TNBOUIVTGSBHSBOT--FCFOTNJUUFM
TFOUJBMPJMPCUBJOFECZFYUSBDUJPOXJUIMJRVJE$0 DIFNJF
$JFODF5FDOPMEF"MJNFOUPT
4VQQM
o 'MFJTIFS
"
&TTFOUJBMPJMTGSPNUXPWBSJFUJFTPG
3FGFSFODFT
UVT PO UIF ZJFME BOE DPNQPTJUJPO PG5BHFUFT PJM NBDJT ; 6OUFST /BISVOHT V (FOVTTNJUUFM
5BHFUFTNJOVUB-
+&TT0JM3FT
o o
(SBZ
%&
(&3PUUJOHIBVT
)&((BSSFUU
4(1BMMBS (SJFCFM
$
v4QBOJTDIFS)PQGFOiBMT8S[LSBVU
EZ
4JNVMUBOFPVTEFUFSNJOBUJPOPGUIFQSF ;6OUFST-FCFOTNJUUFM
o
EPNJOBOUIZQFSGPSJOTBOEIZQFSJDJOTJO4U+PIOT (SJFCFM
$
)JCJTDVTv#MUFOi
FJOF [VS #FSFJ
XPSU )ZQFSJDVN QFSGPSBUVN -
CZ MJRVJE DISP UVOHWPO4QFJTFOVOE(FUSOLFOEJFOFOEF%SP
NBUPHSBQIZ+"TTPD0GGJD"OBMZU$IFN*OUFSO HF
JIS )BVQUJOIBMUTTUPGG FJOF OFVF 4VSF WPO
o 'SVDIUTVSFDIBSBLUFS )JCJTDVTTVSF
; 6OUFST
(SBZFS
3+
$( ,JUF
'+ (PMETUPOF
4& #SZBO
" -FCFOTNJUUFM
o
1BUPO
&1VUJFWTLZ
*OUSBTQFDJGJDUBYPOPNZ (SJFCFM
$
B CFS [XFJ BGSJLBOJTDIF &STBU[
BOEFTTFOUJBMPJMDIFNPUZQFTJOTXFFUCBTJM 0DJ QGFGGFSBSUFO 1BSBEJFTLSOFS VOE .PISFOQGFGGFS
NVNCBTJMJDVN
1IZUPDIFNJTUSZ
o ,BOJ
;6OUFST-FCFOTNJUUFM
o
(SFDV-
7$VDV
4BQPOJOFBVT1SJNVMBPGGJDJOB (SJFCFM
$
C.ODITQGFGGFSBMT1GFGGFSFSTBU[;
MJTVOE1SJNVMBFMBUJPS1MBOUBNFE
o 6OUFST-FCFOTNJUUFM
o
(SFFO
14
4UVEJFTJOUIFHFOVT+BTNJOVN (SJFCFM
$
CFS ,BOJ(FXS[ ; 6OUFST -F
5IFTQFDJFTJODVMUJWBUJPOJO/PSUI"NFSJDB#BJ CFOTNJUUFM6OUFSTV'PSTDI
o
MFZB
o (SJFCFM
$
CFS "TDIBOUJQGFGGFS 1JQFS DMVTJJ
(SFFO
14
+BTNJOVNJO"SBCJB4UVEJFTJOUIF %$
;-FCFOTNJUUFM6OUFSTV'PSTDI
o
HFOVT +BTNJOVN - 0MFBDFBF
,FX #VMM
o (SJFCFM
$
" 'SFZNVUI
CFS .BTTPJSJOEF ;
(SFFOF
-
$VMUJWBUJPOPGCMBDLQFQQFS5FDIOPM 6OUFST/BISVOHTV(FOVNJUUFM
o
$PMMBCPSBUJPO 0GGJDF PG GPSFJHO "HSJD SFMBUJPOT (SJFTCBDI
3+
- #BUEPSG
'MPXFS QJHNFOUT
64%FQUPG"HSJDVMU8BTIJOHUPO
QQ XJUIJO )FNFSPDBMMJT GVMWB - GN GVMWB
GN SPTFB
(SFFOBXBZ
8
4 &OHMJTI
'3 8IBUMFZ
7BSJ BOEGNEJTUJDIB)PSU4DJ
o
BUJPOT PG JO CVE FYVEBUFT DPNQPTJUJPO PG 1PQV (SJNTIBX
3(
-)FMGFS FE
7FUJWFSHSBTTGPS
MVT OJHSB BTTFTTFE CZ HBT DISPNBUPHSBQIZNBTT TPJM BOE XBUFS DPOTFSWBUJPO
MBOE SFIBCJMUBUJPO
TQFDUSPNFUSZ;/BUVSGPSTDID
o BOEFNCBOLNFOUTUBCJMJ[BUJPO8PSME#BOLUFDI
(SFFOBXBZ
8
+ .BZ
5 4DBZTCSPPL
'3 8IBUMFZ
OJD1BQFS/P8PSME#BOL
8BTIJOHUPO
%$
$PNQPTJUJPO PG CVE BOE MFBG FYVEBUFT PG 64"
QQ
TPNF1PQVMVTTQFDJFTDPNQBSFE;/BUVSGPSTDI (SJTFCBDI
)
8#JMMVCFS
;VS#JPTZOUIFTFEFT
D
o "QJHFOJOT BOE $ISZTPFSJPMFT JO EFS 1FUFSTJMJF ;
(SFFOCFSH
4I
&-BNQFSU0SUJU[
(PPE(FLSV /BUVSGPSTDI#
o
JE 5IF4QJDFPG-JGF
"MMFTPWFSTQFDFSJKFO6JUHF (SPC
,
1.BUJMF
$BQJMBSSZ($PGHMVDPTJOPMB
WFSJKIFU4QFDUSVN6USFDIU"OUXFSQFO
QQ UFEFSJWFE IPSTFSBEJTI DPOTUJUVFOUT 1IZUPDIF
(SFMMB
(&
7 1JDDB
7BSJB[JPOJ TUBHOJPOBMJ NJTUSZ
o
EFMMPMJPFTTFO[JBMFEJ4BMWJBPGGJDJOBMJT'JUPUFSBQJB (SPPN
/
5IF OFX QFSGVNF IBOECPPL #MB
o DLJF"DBE1SPGFTTJPOBM
-POEPO
FEO
QQ
(SFTTOFS
(
#FTFOHJOTUFS "S[OFJ VOE (JGU (SPX
4
& 4DIXBSU[NBO
5IF TUBUVT PG (VBJ
QGMBO[F
1MBOUBHFOFU VOE 5FVGFMTCFFSFO %UTDI BDVNTQFDJFTJOUSBEF.FE1MBOU$POTFSWBUJPOT
"QPUIFLFS;UH
o #POO
/P
(SFWF
1
%FS4VNQGQPSTU -FEVNQBMVTUSF-
(SVD[D[ZL
.
&GGFDUPGSPXTEJTUBODFBOETPJM
)BOOTJTDIFS(JMEFOWFSMBH)BNCVSH
QQ DPOEJUJPOTPOUIFHSPXUIBOEZJFMEPG4U+PIOT
(SFWFO
%
4BGSBOFSOUF JO "OEBMVTJFOv3PUFT XPSU
)ZQFSJDVNQFSGPSBUVN-IFSCBQPMPO
(PMEiWPOCMBVFO#MUFO3BUJPOFMMF)BVTXJSUTDI o
/P
o (SNNFS
%FS .PIO " ;JFNTFO7FSMBH -V
(SFZ8JMTPO
$IS
1PQQJFT"HVJEFUPUIFQPQ UIFSTUBEU8JUUFOCFSH
QQ
QZ GBNJMZ JO UIF XJME BOE JO DVMUJWBUJPO 5JNCFS (VBEBHOJ
%(
3( #VUUFSZ
+ )BSSJT
0EPVS
1SFTT
1PSUMBOE
0SFHPO
FEO
QQ JOUFOTJUJFT PG IPQF PJM DPNQPOFOUT + 4DJ 'PPE
(SJFCFM
$
CFS EFO /BDIXFJT EFS 1BQVBT "HSJD
o
3FGFSFODFT
(VB[[J
&
4.BDDJPOJ
(.POUJ
('MBNJOJ
1-$JP BOE MJNPOFOF
DPOTUJUVFOUT PG FTTFOUJBM PJM DIF
OJ
*.PSFMMJ
3PTNBSJOVTPGGJDJOBMJT-JOUIF NPUZQFTGSPN-JQQFBBMCB .JMM
/&#SPXO1IZ
HSBWJOF PG 1BMBHJBOFMMP 5BSBOUP
4PVUI *UBMZ
+ UPNFEJDJOF
o
&TT0JM3FT
o (VSJC'BLJN
"
/ .BVEBSCBDDVT
% -FBDI
- %PJ
(VFEPO
%+
#11BTRVJFS
"OBMZTJTBOEEJTUSJ NP
) 8PIMHFNVUI
&TTFOUJBM PJM DPNQP
CVUJPO PG GMBWPOPJE HMZDPTJEFT BOE SPTNBSJOJD TJUJPOPG;JOHJCFSBDFBFTQFDJFTGSPN.BVSJUJVT+
BDJEJO.FOUIBYQJQFSJUBDMPOFT+"HSJD'PPE &TT0JM3FT
o
$IFN
o (VSVEVUU
,/
+1/BJL
14SJOJWBT
#3BWJOESBOBUI
(VFOUIFS
&
5IF'SFODIMBWBOEFSBOEMBWBOEJO 7PMBUJMF DPOTUJUVFOUT PG MBSHF DBSEBNPN
JOEVTUSZ&DPO#PU
o "NPNVNTVCVMBUVN3PYC
'MBWPVS'SBHSBO
(VJMMFO
.%
.+.BO[BOPT
"DPOUSJCVUJPOUP DF+
o
TUVEZ 4QBOJTI XJME HSPXJOH GFOOFM 'PFOJDVMVN (V[NBO
$$ EF
+4 4JFNPOTB FE
1MBOU
WVMHBSF .JMM
BT B TPVSDF PG GMBWPVS DPNQPVOET 3FTPVSDFT PG 4PVUI&BTU "TJB /P 4QJDFT
$IFN
.JLSPCJPM
5FDIOPM -FCFOTNJUUFM
/P #BDLIVZT 1VCMJTIFST -FJEFO 5IF /FUIFSMBOET
o QQ
(VMBUJ
#$
414%VIBO
4/(BSH
4,3PZ
1FS (XPTE[
((
$VSSZTVOEXBTEB[VHFISU#-7
GPSNBODFPGQFQQFSNJOU .FOUIBQJQFSJUB-JOO
7FSMBHTHFT.VOJDI
QQ
WBSJFUJFTJO5BSBJPG6UUBS1SBEFTI*OEJBO1FSGVNFS (ZVOH)EPO
)
+ )ZVO4BF
, :PVOH#BF
B
/Po $PNQPTJUJPO BOE DIBOHF PG GMBWPVS DPNQPVOET
(OUIFS
'
0 #VSLIBSU
* 0PTUJOHB
&JO #FJ JO HBSMJD DMPWFT "MMJVN TBUJWVN
CZ QSPDFTTJOH
USBH [VS 6OUFSTVDIVOH VOE ;VTBNNFOTFU[VOH USFBUNFOU+,PSFBO4PD)PSUJDVMU4DJ
o
WPO1GFGGFSTPSUFO%UTDI-FCFOTNJUUFM3ETDI
(ZVOH)EPO
)
+)ZVO4BF
,:PVOH#BF
C&G
o GFDUPGQSPDFTTJOHUSFBUNFOUPODIBOHFJORVBOUJ
(OU[FM-JOHOFS
)
%FS,OPCMBVDI&JHFOWFS UZPGUIFGVODUJPOBMDPNQPOFOUTJOHBSMJD "MMJVN
MBH;JOTFS$P-FJQ[JH
QQ TBUJWVN-
+,PSFBO4PD)PSUJDVMU4DJ
o
(VOEJE[B
.
'$IJOZBOHBOZB
-$IBHPOEB
)-EF
1PPUFS
4U.BWJ
1IZUPDPOTUJUVFOUTBOEBO
UJNJDSPCJBMBDUJWJUZPGUIFMFBGFTTFOUJBMPJMPG$MBV )
TFOJBBOJTBUB 8JMME
+%)PPLFY#FOUI'MBWPVS
'SBHSBODF+
o )BCFHHFS
3
8)4DIOJU[MFS
"SPNBWPO,OPM
(VQUB
,
,,5IBLSBM
4, "SPSB
%4 8BHMF
MFOTFMMFSJF o FJO 4PSUFOWFSHMFJDI 0CTU
(FNTF
4UVEJFT PO HSPXUI
TUSVDUVSBM DBSCPIZESBUF BOE V,BSUPGGFMWFSBSCFJU
o
QIZUBUFJODPSJBOEFS+4DJ'PPE"HSJD
o )BFOTDI
(
()BCFSLBNQEF"OUO
8SUFS
(VQUB
,
,, 5IBLSBM
7, (VQUB
4, "SPSB
CVDIEFS-BOEXJSUTDIBGU%FVUTDI&OHMJTDI'SBO
.FUBCPMJD DIBOHFT PG CJPDIFNJDBM DPOTUJUVFOUT [TJTDI4QBOJTDI*UBMJFOJTDI3VTTJTDI #-77FS
JOEFWFMPQJOHGFOOFMTFFET 'PFOJDVMVNWVMHBSF
MBHTHFT.VOJDI7JFOOB;SJDI
FEO
QQ
+4DJ'PPE"HSJD
o )BHFST)BOECVDIEFSQIBSNB[FVUJTDIFO1SBYJT )F
(VQUB
1/
" .BHOJ
-/ .JTSB
.$ /JHBN
SBVTH)OTFM
3
,,FMMFS
)3JNQMFS
(4DIOFJ
(BT DISPNBUPHSBQIJD FWBMVBUJPO PG UIF FTTFOUJ EFS
7PM%SPHFO"o%
QQ
7PM%SP
BMPJMPGEJGGFSFOUTUSBJOTPG"NPNVNTVCVMBUVN HFO&o
QQ
7PM1o;'PMHFCBOE
HSPXJOH XJME JO 4JLLJN 1BSGNFSJF V ,PTNFUJL %SPHFO"o,
QQ
'PMHFCBOE%SPHFO
o -o;
4QSJOHFS7FSMBH)FJEFMCFSH#FSMJO/FX
(VQUB
3,
%$+BJO
345IBLVS
5XPGVSBTUB :PSL
FEO
OPM TBQPOJOT GSPN 5SJHPOFMMB GPFOVNHSFDVN )BHHBH
.:
"4 4IBMBCZ
( 7FS[BIS1FU[SJ
1IZUPDIFNJTUSZ
o 5IJOMBZFSBOEHBTDISPNBUPHSBQIJDTUVEJFTPOUIF
(VQUB
4$
0DJNVN DBOVN 4JN " QPUFOUJBM FTTFOUJBM GSPN "DIJMMFB NJMMFGPMJVN 1MBOUB NFE
PVSDFGPSMJOBMPPM&VSPDPTNFUJDT
o
o
(VSHFM EP 7BMF
5
& $PVUP 'VSUBEP
+( 4BOUPT KS
)BHNBOO
,
3 ,OBVTT
#MVUXVS[ VOE &TUSB
(4#7JBOB
$FOUSBMFGGFDUTPGDJUSBM
NZSDFOF
3FGFSFODFT
TFOUJBM PJM PG 5BHFUFT NJOVUB - 1FSGVN &TT 0JM )BZBTIJ
5
3) 5IPNQTPO
*TPGMBWPOFT GSPN
3FT
o %JQUFSZYPEPSPUB1IZUPDIFNJTUSZ
o
)BOVN
5
$IBOHFT JO WBOJMMJO BOE BDUJWJUZ PG )BZFT
"+
# .BSLPWJD
5PYJDJUZ PG "VTUSBMJ
HMVDPTJEBTF BOE PYJEBTFT EVSJOH QPTU IBSWFTU BO FTTFOUJBM PJM PG #BDLIPVTJB DJUSJPEPSB MFNPO
QSPDFTTJOHPGWBOJMMBCFBO 7BOJMMBQMBOJGPMJB
#VMM NZSUMF
*"OUJNJDSPCJBMBDUJWJUZBOEJOWJUSPDZUP
5FLOPM*OE1BOHBO
o UPYJDJUZ'PPE$IFN5PYJDPM
o
)BSJ
-
+ #VLVSV
)- EF 1PPUFS
5IF WPMBUJMF )F
9(
-;-JO
-;-JBO
-JRVJEDISPNBUP
GSBDUJPO PG "GSBNPNVN TBOHVJOFSVN + &TT 0JM HSBQIZFMFDUSPTQSBZNBTTTQFDUSPNFUSJDBOBMZTJT
3FT
o PGDVSDVNJOPJETBOTFTRVJUFSQFOPJETJOUVSNFSJD
)BSJTFUJKPOP
4VSJBNJIBSEKB
4BOEBMXPPE JO $VSDVNBMPOHB
+$ISPNBUPHS"
o
/VTB 5FOHHBSB 5JNVS "VTUSBM $FOUSF JOUFSOBU )FEBZFUVMMBI
4
5IF OFFE BOE QPTTJCJMJUZ PG
"HSJD3FT
"$*"31SPD
o DVMUJWBUJOH SBSF NFEJDBM QMBOUT 1BLJTUBO + 4DJ
)BSSJTPO
4(
&EJCMF QJOF LFSOFMT ,FX #VMM *OE3FT
o
o )FEIJMJ
-
.3PNEIBOF
""CEFSSBCCB
)1MBODIF
)BSUFO
".WBO
.FMFHVFUBQFQQFS&DPO#PU *$IFSJG
7BSJBCJMJUZJOFTTFOUJBMPJMDPNQPTJ
o UJPOPG5VOJTJBO5IZNVTDBQJUBUVT -
)PGGNBOOT
)BSUNBOO
(
4,TUOFS
2VBMJUUWPO*OHXFS FU-JOL'MBWPVS'SBHSBODF+
o
VOE *OHXFSFYUSBLUFO &JOGMV WFSTDIJFEFOFS7FS )FF+VO 1BSL
4BOH)ZVL ,XPO
.ZVOH4VO -FF
BSCFJUVOHTWFSGBISFO BVG EJF 2VBMJUU VOUFS CF (BQ5BF ,JN
.PP:PVOH $IPJ
8PO5BF +VOH
TPOEFSFS#FSDLTJDIUJHVOHEFT(JOHFSPMHFIBMUFT "OUJNJDSPCJBMBDUJWJUZPGUIFFTTFOUJBMPJMPG
'MFJTDIXJSUTDIBGU
o UIFIFSCTPG"HBTUBDIFSVHPTBBOEJTUDPNQPTJUJ
)BSWBMB
$
1 .FOPVOPT
/ "SHHFJBEPV
B &T PO+,PSFBO4PD'PPE4DJ/VUSJU
o
TFOUJBMPJMGSPN0SJHBOVNEJDUBNOVT1MBOUBNFE JO,PSFBO
)PPHMBOE
3%
"SFWJTJPOPGUIFHFOVT%JMMFOJB *OTU .FE "SPNBUJD 1MBOUT
-VDLOPX
*OEJB
#MVNFB
o FEO
QQ
)PQQF
)"
%SPHFOLVOEF$SBN
EF(SVZUFS )VUUPO
*
.ZUI
SFBMJUZ BOE BCTJOUIF $VSSFOU
$P
)BNCVSH
FEO
QQ %SVH%JTDPW
o
)PQQF)"
%SPHFOLVOEF7FSMBH8%F(SVZ )VUUPO
8
5SPQJDBM)FSCT4QJDFTPG5IBJMBOE
UFS #FSMJO &E
7PM "OHJPTQFSNFO
QQ "TJB#PPLT$P
-UE#BOHLPL 5IBJMBOE
QQ
7PM (ZNOPTQFSNFO
,SZQUPHBNFO
5JFSJTDIF )PXBSE
-3
1#VSNB
"#8BHOFS
'JSOFTTBOE
%SPHFO
QQ 7PM 4VQQMFNFOU DFMM XBMM DIBSBDUFSJTUJDT PG QBTUFVSJ[FE KBMBQFP
QQ QFQQFSSJOHTBGGFDUFEDBMDJVNDIMPSJEFBOEBDFUJD
)PSOPL
-
&GGFDUPGOVUSJUJPOTVQQMZPOZJFMEPG BDJE+'PPE4DJ
o
EJMM "OFUIVNHSBWFPMFOT-
BOEUIFFTTFOUJBMPJM )VEBJC
.
&4QFSPOJ
".EJ1JFUSB
7$BWSJOJ
DPOUFOU"DUB)PSUJDVMU
o ($.4FWBMVBUJPOPGUIZNF 5IZNVTWVMHBSJT-
)PPQFS
%
6TFGVMQMBOUTBOEESVHTPG*SBOBOE PJMDPNQPTJUJPOBOEWBSJBUJPOTEVSJOHUIFWFHFUB
*SBR'JFME.VTFVN/BU)JTUPS
#PU
4FS
/P
UJWFDZDMF+1IBSN#JPNFE"OBM
o
o )VYMFZ
"
.(SJGGJUIT
.-FWZ
5IF/FX3PZ
)PTF
4
%FS8FSNVU
"SUFNJTJBBCTJOUIJVN- BM )PSUJDBM 4PDJFUZ %JDUJPOBSZ PG (BSEFOJOH5IF
;1IZUPUIFS
o .BD.JMMBO 1SFTT -UE
-POEPO 4UPDLUPO 1SFTT
)PVMJIBO
$.
$5 )P
44 $IBOH
5IF TUSVD /FX :PSL 7PM "o$
QQ 7PM %o,
QQ
UVSFPGSPTNBSJORVJOPOFoBOFXBOUJPYJEBOUJTP 7PM-o2
QQ7PM3o;
QQ
MBUFE GSPN 3PTNBSJOVT PGGJDJOBMJT - + "NFS 0JM )ZBOH4PPL$IPJ
.JF4PPO-FF,JN
.4BXBNVSB
DIFN4PD
o $POTUJUVFOUPGUIFFTTFOUJBMPJMPG"OHFMJDB
)V
.'
5IFDVMUJWBUJPOPGXBTBCJ5BJXBOBH UFOVJTTJNB
BOBSPNBUJDNFEJDJOBMQMBOU'PPE4DJ
SJD&YQFSJNFOU4UBU
5FDIO4FSWJDFT
o #JPUFDIOPM
o
)VBOH
:;
42 $IFO
$: )F
2: $IFO
:- 8V
)ZOENBO
%$
&UIOPCPUBOZ PG XPQLBJNJO
"TUVEZPGDIFNJDBMDPNQPOFOUTPGFTTFO 1BOEBOVT 4JHOJGJDBOU 1BQVB /FX (VJOFB QMBOU
UJBMPJMGSPN$JUSVTCFSHBNJBBOEJUTDMPTFSFMBUJWFT SFTPVSDFT&DPO#PU
o
BOE JUT UBYPOPNZ "DUB 1IZUPUBYPOPNJDB 4JOJDB )ZVO+VOH ,JN
#BOH4JM +VO
4VOH,ZV ,JN
+BF
o :POVOH $IB
:PVOH4V $IP
1PMZQIFOPMJD
)VFU
3
-IVJMFFTTFOUJFMMFEFNFOUIFBV#SFTJM DPNQPVOE DPOUFOU BOE BOUJPYJEBUJWF BDUJWJUJFT
'SVJUT
o CZFYUSBDUTGSPNTFFE
TQSPVUVOEGMPXFSPGTBGGMP
)VJU
3
$%VQVJT
-IVJMFFTTFOUJFMMFEFCFSHB XFS $BSUIBNVTUJODUPSJVT-
+,PSFBO4PD'PPE
NPUFFO"GSJRVFFUFO$PSTF'SVJUT
o 4DJ/VUSJU
o JO,PSFBO
WPO/BUVSSFJT 0SZ[BTBUJWB-
TPXJF#MUUFSOWPO PJMBOEWPMBUJMFTPGTQFBSNJOU1FSGVNFS'MBWP
1BOEBOVTBNBSZMMJGPMJVT3PYC%JTT6OJW.VOJDI SJTU
/P
o
+JB+JV
8V
:BOH+VJ4FO
&GGFDUTPGJSSBEJBUJ +JSPWFU[
-
( #VDICBVFS
3 3FNCFSH
/ 8JOLMFS
POPOUIFWPMBUJMFDPNQPVOETPGHJOHFSSIJ[PNF " /JLJGPSPX
"OBMZTJT PG UIF DIBSBDUFSJTUJD
;JOHJCFSPGGJDJOBMF 3PTDPF
+ "HSJD 'PPE $IFN PEPS PG XBMOVU +VHMBOT SFHJB -
QFFMT &SOI
o SVOH/VUSJUJPO
o
+JBOH
-
) ,PKJNB
,:BNBEB
" ,PCBZBTIJ
, ,V +JSPWFU[
-
)1,PDI
8+BFHFS
('SJU[
(3FTM
CPUB
*TPMBUJPO PG TPNF HMZDPTJEFT BT BSP 1VSTMBOF 1PSUVMBDBPMFSBDDFB-
*OWFTUJHBUJPOPG
NBQSFDVSTPSTJOZPVOHMFBWFTPG+BQBOFTFQFQ UIF QMBOU DPOTUJUVFOUT CZ NFBOT PG DISPNBUJD
QFS 9BOUIPYZMVN QJQFSJUVN %$
+ "HSJD 'PPE TQFDUSPTDPQJD TZTUFN GPS UIF DPOUSPM PG UIF EF
$IFN
o TDSJCFEDIPMFTUFSPMSFEVDUJPO&SOISVOH/VUSJUJ
+JSPSFU[
-
(#VDICBVFS
3&CFSIBSEU
"OBMZTF PO
o
VOE2VBMJUUTLPOUSPMMFWPOUIFSJTDIFO;JNUMFO +JSPWFU[
-
(#VDICBVFS
"44UPZBOPWB
&7(FPS
3JOEFO VOE #MBUUMF
WFSTDIJFEFOFO 6STQSVOHT HJFW
45%BNJBOPWB
$PNQPTJUJPO
RVBMJUZ
NJUUFMT ($
($.4 VOE 0MGBLUPNFUSJF #FTUJN DPOUSPM
BOEBOUJNJDSPCJPBMBDUJWJUZPGUIFFTTFO
NVOH EFT $VNBSJO VOE 4BGSPMHFIBMUFT &SOI UJBMPJMPGMPOHUJNFTUPSFEEJMM "OFUIVNHSBWFP
SVOH/VUSJUJPO
o MFOT-
TFFETGSPN#VMHBSJB+"HSJD'PPE$IFN
+JSPWFU[
-
(#VDIIBVFS
./HBTTPVFO
*OWFT
o
UJHBUJPOPGUIFFTTFOUJBMPJMTGSPNUIFESJFEGSVJUT +JSPWFU[
-
(#VDICBVFS
"44UPZBOPWB
&7(FPSHJ
PG 9ZMPQJB BFUIJPQJDB 8FTU "GSJDBO QFQQFSUSFF
FW
45%BNJBOPWB
$PNQPTJUJPOBOEBOUJ
BOE 9ZMPQJB QBSWJGMPSB GSPN $BNFSPPO &SOI NJDSPCJBMBDUJWJUZPGBOFTTFOUJBMPJMPGMPOHUJNF
SVOH/VUSJUJPO
o TUPSFEGSVJUTPGi"KPXBOw 5SBDIZTQFSNVNBNNJ
+JSPWFU[
-
(#VDICBVFS
"/JLJGPSPW
7FSHMFJ GSPN#VMHBSJB&SOISVOH/VUSJUJPO
o
DIFOEF *OIBMUTTUPGGBOBMZTF WFSTDIJFEFOFS %JMM +PGGF
1
5IF HBSEFOFST HVJEF UP 4PVUI "GSJ
LSBVU VOE %JMMTBNFOMF NJUUFMT ($'- VOE ($ DB QMBOUT 5BGFMCFSH 1VCMJTIFST -UE $BQF 5PXO
.4&SOISVOH/VUSJUJPO
o QQ
+JSPWFU[
-
( #VDICBVFS
. )PFGFSM
&TTFOUJ +PIOT
5
8% ,JUUT
' /FXTPNF
()5PXFST
BM PJM BOBMZTJT PG )FNJEFTNVT JOEJDVT 3#S SPPUT "OUJSFQSPEVDUJWFBOEPUIFSNFEJDJOBMFGGFDUTPG
GSPNTPVUIFSO*OEJB+&TT0JM3FT
o 5SPQBFPMVN UVCFSPTVN + &UIOPQIBSNBDPM
+JSPWFU[
-
(#VDICBVFS
.14IBGJ
"4BJEVUUZ
o
"OBMZTJT UIF BSPNB DPNQPVOET PG UIF FTTFOUJBM +PIOTPO
-"
5.4VMFJNBO
&8-VDBT
4FTB
PJMPGTFFETPGUIFTQJDFQMBOU;BOUIPYZMVNSIFUTB NFQSPUFJOBSFWJFXBOEQSPTQFDUVT+"NFS0JM
GSPN4PVUIFSO*OEJB;-FCFOTNJUUFM6OUFSTV $IFN4PD
o
'PSTDI"
o +POEJLP
*+0
(1BUUFOEFO
5FSQFOPJETBOEBO
+JSPWFU[
-
(#VDICBVFS
.#/HBTTPVN
.(FJTT BQPDBSPUFOPJEGSPNTFFETPG#JYBPSFMMBOB1IZUP
MFS
"OBMZTJTPGUIFIFBETQBDFBSPNBDPN DIFNJTUSZ
o
QPVOET PG UIF TFFET PG UIF $BNFSPPOJBOiHBSMJD +POFT
)"
-,.BOO
0OJPOTBOEUIFJSBMMJFT
QMBOUi )VB HBCCPOJJ VTJOH 41.&(&'*%
41.& *OUFSTDJ1VCM
*OD/FX:PSL
/:
QQ
($.4BOEPMGBDUPNFUSZ&VS'PPE3FT5FDIOPM +PSEBO
.+
3..BSUOF[
."$BTFT
+"4PUPNB
o ZPS
8BUFSJOH MFWFM FGGFDU PO5IZNVT IZF
+JSPWFU[
-
(#VDICBVFS
.#/HBTTPVN
.(FJTTMFS
NBMJT-BOHFFTTFOUJBMPJMZJFMEBOEDPNQPTJUJPO+
"SPNBDPNQPVOEBOBMZTJTPG1JQFSOJHSVN "HSJD'PPE$IFN
o
BOE1JQFSHVJOFFOTFFTTFOUJBMPJMTGSPN$BNFSPPO +PSHFOTFO
6
.)BOTFO
-$ISJTUFOTFO
,+FOTFO
,
VTJOHTPMJEQIBTFNJDSPFYUSBDUJPOHBTDISPNBUP ,BBDL
0MGBDUPSZ BOE RVBOUJUBUJWF BOBMZTJT
HSBQIZ
TPMJEQIBTFNJDSPFYUSBDUJPOHBTDISPNB PGBSPNBDPNQPVOETJOFMEFSGMPXFS 4BNCVDVT
UPHSBQIZNBTTTQFDUSPNFUSZBOEPMGBDUPNFUSZ+ OJHSB-
ESJOLQSPDFTTFEGSPNGJWFDVMUJWBST+"H
$ISPNBUPHSBQIZ"
o SJD'PPE$IFN
o
+JSPWFU[
-
(#VDICBVFS
.4IBIBCJ
.#/HBTTPVN
+PTFQI
+
5IFOVUNFHoJUTCPUBOZ
BHSPOPNZ
$PNQBSBUJWFJOWFTUJHBUJPOTPGUIFFTTFOUJBM
3FGFSFODFT
,BVO[JOHFS
"
%+VDIFMLB
".PTBOEL
&DIUF UZQFT PG IZTTPQ )ZTTPQVT PGGJDJOBMJT -
+ "HSJD
7BOJMMF
FJOF)FSBVTGPSEFSVOHGSEJF-FCFOTNJU 'PPE$IFN
o
UFMJOEVTUSJF(*5'BDI[FJUTDIS
-BCPS
o
,FSSPMB
,
#(BMBNCPTJ
),BMMJP
C$IBSBDUF
o SJ[BUJPO PG WPMBUJMF DPNQPTJUJPO BOE PEPS PG "O
,BXBCBUB
+
,.J[VIBUB
&4BUP
5/JTIJPLB
:"PZ HFMJDB "OHFMJDB BSDIBOHFMJDB TVCTQFD BSDIBO
BNB
5 ,BTBJ
)ZESPYZGMBWPOPJET BT HFMJDB -
SPPU FYUSBDUT + "HSJD 'PPE $IFN
HMVDPTJEBTFJOIJCJUPSTGSPNNBSKPSBN 0SJHBOVN o
NBKPSBOB
MFBWFT #JPTDJ
#JPUFDIOPM
#JPDIFN ,FVTHFO
.
%JFTDIXFGFMIBMUJHFO*OIBMUTTUPGGF
o WPO,OPCMBVDI "MMJVNTBUJWVN-
VOEEFSFO#F
,BZT
4U+
+$4%JBT
$PNNPOOBNFTPGDPN EFVUVOHGSEJF;DIUVOHTGPSTDIVOH%SPHFOSF
NFSDJBM DVMUJWBUFE WFHFUBCMFT PG UIF XPSME JO QPSU
/P
o
MBOHVBHFT&DPO#PU
o ,IBEFS
7
/VUSJUJPOBM TUVEJFT PO GFSNFOUFE
,B[VNB
,
55BLBIBTIJ
,4BUP
)5BLFVDIJ
5.BU HFSNJOBUFE BOE CBLFE TPZBCFBO (MZDJOF NBY
TVNPUP
50LVOP
2VJOPDIBMDPOFTBOEGMB QSFQBSBUJPOT+1MBOU'PPET
o
WPOPJETGSPNGSFTIGMPSFUTJOEJGGFSFOUDVMUJWBSTPG ,IBO
.#
1B[JS (VM
.VIBNNBE 'BSPPR
' ,IBO
$BSUIBNVT UJODUPSJVT - #JPTDJ #JPUFDIOPM
#JP &GGFDU PG MPDBMJUZ PO UIF PJM ZJFME BOE QIZ
DIFN
o TJDPDIFNJDBM DIBSBDUFSJTUJDT PG PJM GSPN 5IZNVT
,FE[JB
#
#JPMPHJDBMBOEUIFSBQFVUJDBMQSPQFS TFSQIZMMVN-1BLJTUBO+'PSFTUZ
o
UJFTPG4DIJTBOESBDIJOFOTJTGSVDUVT)FSCBQPMPO ,IJMJL
-"
5*#POEBSFOLP
7"4IMZBQOJLPW
"/'F
o EPSPWJDI
*. %SFWZBUOJLPW
%7 3BJINBO
,FMFDPN
"
*TPMBUJPO
TUSVDUVSFEFUFSNJOBUJPO
*OUSPEVDUJPOPGBOFXFTTFOUJBMPJMCFBSJOHQMBOU
BOEBCTPMVUFDPOGJHVSBUJPOPGCBSCBUVTPM
BOFX /FQFUBDBVDBTJB(SPTTI
1FSGVNFS'MBWPSJTU
CJPBDUJWF EJUFSQFOF XJUI B SFBSSBOHFE BCJFUBOF /S
o
TLFMFUPOGSPNUIFMBCJBUF$PMFVTCBSCBUVT1IZUP ,IPTMB
.,
4UVEZPGJOUFSSFMBUJPOTIJQ
QIZMP
DIFNJTUSZ
o HFOZBOEFWPMVUJPOBSZUFOEFODJFTJOHFOVT0DJ
,FMFDPN
" 5$ EPT 4BOUPT
8-# .FEFJSPT
NVN*OEJBO+(FOFUJDT
o
0O UIF TUSVDUVSF BOE BCTPMVUF DPOGJHVSBUJPO PG ,IVCDIBOEBOJ
.-
4,4SJWBTUBWB
"OFXBO
o
EFPYPDBSOPTPM "O "DBE #SBTJM $JFO
UISBDIJOPOF HMZDPTJEF GSPN UIF TFFET PG 1FHB
o OVNIBSNBMF-JOO$VSSFOU4DJ
o
,FMMFS
,
& 4UBIM
,BMNVT *OIBMUTTUPGGF VOE ,JFXJUU
,
,,PMCF
3#FJOJOH
,8JMEJOH
8'MFN
"TBSPOHFIBMU CFJ WFSTDIJFEFOFO )FSLOGUFO NJOH
;VS)FSTUFMMVOHWPO)PQGFOQFMMFUT
%UTDI"QPUIFLFS;UH
o .JUU (SVOEMBHFO EFS )PQGFOQFMMFUJFSVOH -F
,FMMFS
,
&4UBIM
;VTBNNFOTFU[VOHEFTUIF CFOTNJUUFMJOEVTUSJF
o
SJTDIFO MFT WPO BTBSPOGSFJFN ,BMNVT 1MBOUB ,JLV[BLJ
)
/ /BLBUBOJ
4USVDUVSF PG B OFX
NFE
o BOUJPYJEBUJWFQIFOPMJDBDJEGSPNPSFHBOP 0SJHB
,FMN
."
.( /BJS
(. 4USBTCVSH
%- EF 8JUU
OVNWVMHBSF-
"HSJD#JPM$IFN
o
"OUJPYJEBOU BOE DZDMPPYZHFOBTF JOIJCJUP ,JLV[BLJ
)
4.5TBJ
(JOHFSEJPMSFMBUFEDPN
SZ QIFOPMJD DPNQPVOET GSPN 0DJNVN TBODUVN QPVOETGSPNUIFSIJ[PNFTPG;JOHJCFSPGGJDJOBMF
-JOO1IZUPNFEJDJO
o 1IZUPDIFNJTUSZ
o
,FOOFEZ
"*
4(%FBOT
,14WPCPEB
"*(SBZ
1( ,JM+JO1BSL
;7PIOJLPWB
'13FJT#SPE
&WBMV
8BUFSNBO
7PMBUJMF PJMT GSPN OPSNBM BOE BUJPO PG ESZJOH QBSBNFUFST BOE EFTPSQUJPO JTP
USBOTGPSNFESPPUPG"SUFNJTJBBCTJOUIJVN1IZUP UIFSNTPGHBSEFONJOU .FOUIBDSJTQB-
+'PPE
DIFNJTUSZ
o &OHOH
/P
o
,FSSPMB
,
) ,BMMJP
7PMBUJMF DPNQPVOET BOE ,JN
.ZVOH,PO
#ZVOH&VO -FF
4F&DL :VO
+BJ
PUIFSDIBSBDUFSJTUJDTPGDBSCPOEJPYJEFFYUSBDUTPG 4JL )POH
:PVOH)PJ ,JN
:PVOH,ZV ,JN
DPSJBOEFS $PSJBOESVN TBUJWVN -
GSVJU + "HSJD $IBOHFT JO WPMBUJMF DPOTUJUVFOUT PG ;JOHJCFS PG
'PPE$IFN
o GJDJOBMF 3PTDPF SIJ[PNFT EVSJOH TUPSBHF "HSJD
,FSSPMB
,
# (BMBNCPTJ
) ,BMMJP
B 7PMBUJMF $IFN#JPUFDIOPM
o JO,PSFBO
DPNQPOFOUTBOEPEPSJOUFOTJWJUZPGGPVSQIFOP ,JN
5)
+) 4IJO
)) #BFL
)+ -FF
7PMBUJ
3FGFSFODFT
MF GMBWPVS DPNQPVOET JO TVTQFOTJPO DVMUVSF PG DPNQSFIFOTJWF BOBMZTJT *OU 'MBWPST 'PPE "EEJU
"HBTUBDIFSVHPTB ,VOU[F ,PSFBO NJOU
+ 4DJ
o
'PPE"HSJD
o ,MJOH
.
.JUTVCB o FJO KBQBOJTDIFT (FXS[
,JOJ
'
#,BN
+1"ZDBSE
&.(BZEPV
*#PNCBSEB
(FNTF
o
$IFNJDBMDPNQPTJUJPOPGUIFFTTFOUJBMPJMPG ,MPDL
.
5I,MPDL
;JUSVTQGMBO[FO%JFTDIOT
)ZQUJTTQJDJHFSB-BNGSPN#VSLJOB'BTP+&TT0JM UFO"SUFOVOE4PSUFOCMW7FSMBH.VOJDI
QQ
3FT
o ,MPDL
1
;JUSVTQGMBO[FO-BHFSTUSPFNJB7FSMBH
,JOU[JPT
4&
4BHF5IF(FOVT4BMWJBIBSXPPE )BNCVSH
QQ
BDBEFNJD QVCMJTIFST "NTUFSEBN /FUIFSMBOET
,MPDL
1
;JUSVTQGMBO[FO GS8JOUFSHBSUFO VOE
QQ 5FSSBTTF7FSMBH&6MNFS7JFOOB
QQ
,JOU[JPT
4&
0SFHBOP UIF HFOFSB 0SJHBOVN ,MPOU
3
7BOJMMB
DPNQPTFSBOENBFTUSP8PSME
BOE-JQQFB5BZMPS'SBODJT-POEPO
6,
QQ 'PPE*OHSFEJFOU/P
,JSCBTMBS
'(
4*,JSCBTMBS
$PNQPTJUJPOPGDPME ,MPTUFSNBOT
"+()
+.#PNCBSE
5IF.BO
QSFTTFECJUUFSPSBOHFQFFMPJMGSPN5VSLFZ+&TT HPT5IFJSCPUBOZ
OPNFODMBUVSF
IPSUJDVMUVSFBOE
0JM3FT
o VUJMJ[BUJPO"DBEFNJD1SFTT
)BSDPVSU#SBDF$P
,JSCBTMBS
'(
4* ,JSCBTMBS
6 %SBNVS
5IF 1VCM4BO%JBHP
/FX:PSL
QQ
DPNQPTJUJPOTPG5VSLJTICFSHBNPUPJMTQSPEVDFE ,NJFDJL
8
1 (FCD[ZOTLJ
" ,PSVT
&GGFDU PG
CZDPMEQSFTTJOHBOETUFBNEJTUJMMBUJPO+&TT0JM WBSJFUZ
UZQFPGVTBCMFQBSUBOEUIFHSPXJOHQF
3FT
o SJPEPOUIFDPOUFOUPGOJUSBUFT
OJUSJUFTBOEPYBMB
,JSJNFS
/
,)$#BFS
5[FL
.,SLPHMV
UFTJOEJMM "OFUIVNHSBWFPMFOT
#SPNBUPM$IJN
$PNQPTJUJPOPGUIFFTTFOUJBMPJMPG$BMBNJOUIBOF 5PLTZLPMPHJD[OB 1PMBOE
/P
o
QFUBTVCTQHMBOEVMPTB+&TT0JM3FT
o ,OPXMFT
1'
4BGGMPXFS o QSPEVDUJPO
QSPDFT
,JSTDICBVN5JU[F
1
$ )JFQMFS
& .VFMMFS4FJU[
. TJOHBOEVUJMJ[BUJPO&DPO#PU
o
1FU[
B1VOHFODZJOQBQSJLB $BQTJDVNBO ,OPXMFT
1'
4BGGMPXFS "EW "HSPOPNZ
OVVN
%FDSFBTF PG DBQTJDJOPJE DPOUFOU GPMMP o
XJOHDFMMVMBSEJTSVQUJPO+"HSJD'PPE$IFN ,PCBUB
,
55PEP
4:B[BXB
,*XBJ
58BUBOBC
B
o /PWFMDBQTBJDJOPJEMJLFTVCTUBODFT
DBQTJBUFBOE
,JSTDICBVN5JU[F
1
&.VFMMFS4FJU[
.1FU[
B EJIZESPDBQTJBUF
GSPNUIFGSVJUTPGBOPOQVOHFOU
1VOHFODZJOQBQSJLB $BQTJDVNBOOVVN
)F DVMUJWBS
$)TXFFU
PGQFQQFS $BQTJDVNBOOV
UFSPHFOJDJUZ PG DBQTBJDJOPJE DPOUFOU JO JOEJWJEV VN-
+"HSJD'PPE$IFN
o
BMGSVJUTGSPNPOFQMBOU+"HSJD'PPE$IFN
,PCPME
6
07PTUSPXTLZ
)+ #FTUNBOO
+$ #JTIU
o ",1BOU
"#.FMLBOJ
$4.BUIFMB
5FSQF
,JWBO
.
""LHM
*OIJCJUPSZFGGFDUTPGTQJDF OPJET GSPN &MTIPMU[JB TQFDJFT ** $POTUJUVFOUT PG
FTTFOUJBM PJMT PO ZFBTU %PB
5SL5BSVN WF 0S FTTFOUJBMPJMGSPNBOFXDIFNPUZQFPG&MTIPMU[JB
NBODJMJL%FSHJTJ
o DSJTUBUB1MBOUBNFE
o
,JWBO
.
" "LHM
&GGFDU PG -BTFS USJMPCJVN ,PDI
)
&4UFJOFHHFS
;VS,FOOUOJTEFS*O
TQJDF PO OBUVSBM NJDSPGMPSB PG LGUF
B 5VSLJTI IBMUTTUPGGFWPO$POEVSBOHP$PSUFY1IBSN"DUB
HSPVOENFBUQSPEVDU/BISVOH
o )FMW
o
o
,MO
+
1JM[F"SUJB7FSMBH1SBHVF
QQ ,PDI
)1
1PSUVMBL 0NFHB'FUUTVSFO JO
,MFJOFSU
+
7BOJMMF VOE 7BOJMMJO *OU 'BDITDIS FJOFS BMUFO "S[OFJQGMBO[F %UTDI "QPUIFLFS;UH
4DIPLPMBEFO*OE
o (PSEJBO )BN
CVSH
o
o
o ,PDI
)1
,BOO NBO ,OPCMBVDIvHFSVDIMPTi
,MJNFL
#
5.BEKB
+(SB
+1BUPSB
*OWFTUJHB NBDIFO %UTDI"QPUIFLFS;UH
o
UJPOPGUIFFTTFOUJBMPJMGSPNMFNPODBUOJQ
/FQFUB ,PDI
)1
%JF ,DIFO[XJFCFM o FJOF [V 6O
DBUBSJB-WBSDJUSJPEPSB
JODPNQBSJTPOUPUIFPJM SFDIU WFSOBDIMTTJHUF "S[OFJQGMBO[F 1IBSNB[JF
GSPNMFNPOCBMN
.FMJTTBPGGJDJOBMJT-)FSCBQP JOVOTFSFS;FJU
o
MPO
o ,PDI
)1
v.PMZioEFS;BVCFSMBVDIEFSHSJF
,MJNFT
*
% -BNQBSTLZ
7BOJMMB WPMBUJMFT o B DIJTDIFO .ZUIPMPHJF (FTDIJDIUF EFS 1IBSNB[JF
#FJMBHF%UTDI"QPUIFLFS;UH
3FGFSFODFT
,PDI
)1
%FS MBOHF8FH [VNvHFSVDIMPTFOi ,PLLJOJ
4
% 7PLPV
.FOUIB TQJDBUB -BNJ
,OPCMBVDI 1IBSNB[JF JO VOTFSFS ;FJU
o BDFBF
DIFNPUZQFTHSPXJOHXJMEJO(SFFDF&DPO
#PU
o
,PDI
)1
()BIO
,OPCMBVDI(SVOEMBHFOEFS ,PLLJOJ
4
& )BOMJEPV
3 ,BSPVTPV
5 -BOBSBT
UIFSBQFVUJTDIFO"OXFOEVOHWPO"MMJVNTBUJWVN 7BSJBUJPOPGQVMFHPOFDPOUFOUJOQFOOZSP
-7FSMBH6SCBO4DIXBS[FOCFSH.VOJDI7JFOOB
ZBM .FOUIBQVMFHJVN-
QMBOUTHSPXJOHXJMEJO
QQ (SFFDF+&TT0JM3FT
o
,PDI)FJU[NBOO
*
84DIVMU[F
.FMJTTBPGGJDJ ,PMBL
*
;4BUPWJD
'3P[JD
1FQQFSNJOU .FO
OBMJT%UTDI"QPUIFLFS;UH
o UIBQJQFSJUB-
4KFNFOBSTUWP
o JO$SP
,PEFSB
:
"4V[VLJ
0*NBEB
4I,BTVHB
*4VNJP BUJB
LB
",BOF[BXB
/5BSV
.'VKJLBXB
4I/BHBF
,PMBZMJ
4
. ,DL
$ %VSBO
' $BOEBO
# %JODFS
,.BTBNPUP
,.BFTIJHF
,0OP
1IZTJDBM
$IFNJDBM BOE BOUJPYJEBOU QSPQFSUJFT PG
DIFNJDBM BOE CJPMPHJDBM QSPQFSUJFT PG 4BMMZMDZ -BVSPDFSBTVTPGGJDJOBMJT3PFN $IFSSZMBVSFM
GSVJU
TUFJOF
BOBNJOPBDJEEFSJWFEGSPNHBSMJD+"HSJD HSPXOJOUIF#MBDL4FBSFHJPO+"HSJD'PPE4DJ
'PPE$IFN
o
o
,PFCOJDL
$
)+;VOGU
1PUFO[JBMWPO$BSPC ,PMMFS
8%
&JOJHF MBHFSVOHTCFEJOHUF 7FSO
CBMMBTUTUPGGFOJO1SWFOUJPOVOE5IFSBQJFEFS)Z EFSVOHFOCFJHFNBIMFOFO(FXS[OFMLFO;-F
QFSDIPMFTUFSJONJFVOEEFTNFUBCPMJTDIFO4ZO CFOTNJUUFM6OUFSTV'PSTDI
o
ESPNT&SOISVOHT6NTDI
o ,PMMFS
8%
*EFOUJGJ[JFSVOH FJOJHFS GMDIUJHFS
,PFOFO
&W
)FJM
(JGUVOEFTTCBSF1GMBO[FO *OIBMUTTUPGGF WPO HFNBIMFOFO (FXS[OFMLFO ;
JO/BNJCJB,MBVT)FTT7FSMBH(UUJOHFO
QQ -FCFOTNJUUFM6OUFSTV'PSTDI
o
,PF[VLB
:
()POEB
.5BCBUB
(FOFUJDDPOU ,PMMNBOOTCFSHFS
)
4/JU[
'%SBXFSU
CFSEJF
SPMPGUIFDIFNJDBMDPNQPTJUJPOPGWPMBUJMFPJMTJO "SPNBTUPGG;VTBNNFOTFU[VOH WPO )PDIESVDL
1FSJMMBGSVUFTDFOT1IZUPDIFNJTUSZ
o FYUSBLUFO*1GFGGFS 1JQFSOJHSVNWBSNVOUPL
;
,IMFJO
'
1SJNFMO7FSMBH&6MNFS4UVUUHBSU
-FCFOTNJUUFM6OUFSTV'PSTDI
o
QQ ,PMPE[JFK
)
0,BZFS
.(VUNBOO
"MT"S[OFJ
,IMFJO
'
7JPMB 7FJMDIFO
4UJFGNUUFSDIFO
WFSXFOEFUF 1FMBSHPOJFO BVT 4EBGSJLB %UTDI
)PSOWFJMDIFO7FSMBH&6MNFS4UVUUHBSU
QQ "QPUIFLFS;UH
o
,IMFJO
'
.PIOVOE4DIFJONPIO&EJU4UBV ,PNBJUJT
.&
/ *OGBOUJ1BQBUSBHJBOOJ
& .FMJTTBSJ
EFOHSUOFSFJ (SGJO WPO ;FQQFMJO 4VM[CVSH-BV 1BOBHJPUPV
$PNQPTJUJPO PG UIF FTTFOUJ
GFO
QQ BM PJM PG NBKPSBN 0SJHBOVN NBKPSBOB -
'PPE
,PKJNB
.
4UVEJFTPOUIFWPMBUJMFDPNQPOFOUT $IFN
o
PGXBTBCJ &VUSFNB
KBQPOJDBVTJOHHBTDISPNB ,POEP
"
)0IJHBTIJ
".VSBLBNJ
+4VSBUXBEFF
UPHSBQIZ BOE IFBE TQBDF UFDIOJRVF + +BQBO ,,PTIJNJ[V
"DFUPYZDIBWJDPMBDFUBUFBT
4PD'PPE4DJ5FDIOPM
o BQPUFOUJOIJCJUPSPGUVNPSQSPNPUPSJOEVDFE&Q
,PKJNB
.
) )BNBEB
.:BNBTIJUB
4UVEJFT TUFJO#BSSWJSVTBDUJWBUJPOGSPN-BOHVBTHBMBOHB
POUIFTUBCJMJUZPGESJFEXBTBCJ 8BTBCJBKBQPOJ BUSBEJUJPOBM5IBJDPOEJNFOU#JPTDJ
#JPUFDIOPM
DB
GMPVS+4PD'PPE4DJ5FDIOPM
o #JPDIFN
o
,PKJNB
.
) )BNBEB
/ 5PTIJNJUTV
$IBO ,OJH
8"
" 3JFDL
: 4BSJUBT
*) )BSEU
,) ,V
HFT JO JTPUIJPDZOBUFT PG 8BTBCJ KBQPOJDB SPPUT CFD[LB
4FTRVJUFSQFOFIZESPDBSCPOFJOUIF
CZ ESZJOH + +BQBO 4PD 'PPE 4DJ 5FDIOPM
FTTFOUJBM PJM PG .FVN BUIBNBOUJDVN 1IZUPDIF
o NJTUSZ
o
,PKPNB
.
,,VSJIBSB
,:BNBEB
44FLJUB
.4B ,POWJLB
0
,OPCMBVDI o FJOF (FXS[ VOE
UBLF
0*JEB
(FOFUJDJEFOUJGJDBUJPOPGDJOOB )FJMQGMBO[F/BUVSXJTT3ETDI
o
NPN $JOOBNPNVNTQQ
CBTFEPOUIFUSO-USO' ,POWJLB
0
18SGM
,OPCMBVDI "MMJVN TBUJ
DIMPSPQMBTU%/"1MBOUBNFE
o WVN-
(SVOEMBHFOEFS#JPMPHJF
VOEEFT"OCBV
,PLLBMPV
&
",PFEBN
(1IPLBT
$PNQPTJ FT
*OIBMUTTUPGGFVOE)FJMXJSLVOHFO7FSMBH"HSJ
UJPOEFMIVJMFFTTFOUJFMMFEF4BMWJBIPSNPOJVN- NFEJB(NC)#FSHFO%VNNF
QQ
-BCJBUBF
1IBSN"DUB)FMW
o
3FGFSFODFT
,PPJOBO
1
5IF DPOTUJUVUJPO PG UBNBSJOEVTB ,SBYOFS
6
% 'SJU[
" 8VFOTDI
#JUUFSLFJU JO
NZMPJE3FD5SBW$IJO1BZ#BT
o .FFSSFUUJDI*OE0CTUV(FNTFWFSXFSUVOH
,PPMIBBT
%3
%BTUIFSJTDIFMBVT&SZHJVN o
GPFUJEVN-CFSEBT7PSLPNNFOWPO%PEFDFO ,SFNFS
1
1+BFHHJ
%FS#BVNNJUEFN8BTTFS
BM3FW5SBW$IJO1BZT#BT
o CBVDI,PTNPT
o
,SCFS(SPIOF
6
/VU[QGMBO[FO JO %FVUTDI ,SJTIOBNVSUIZ
/
"(.BUIFX
&4/BNCVEJWJ
$1
MBOE,VMUVSHFTDIJDIUFVOE#JPMPHJF,5IFJTT7FS /BUBSBKBO
0JM BOE PMFPSFTJO PG UVSNFSJD
MBH(NC)4UVUUHBSU
QQ 5SPQ4DJ
o
,PTUFSNBOT
"+()
.BUFSJBMTGPSBSFWJTJPOPG ,SJTIOBNVSUIZ
/
:4 -FWJT
1 /BUBSKBO
(JO
-BVSBDFBF3FJOXBSEUJB
/P
o HFSGSPNIJMMZSFHJPOTPG*OEJB+'PPE4DJ5FDIOPM
,PUIBSJ
4,
,4JOHI
$IFNJDBMXFFEDPOUSPMJO *OEJB
o
+BQBOFTFNJOU .FOUIBBSWFOTJT-
+&TT0JM3FT ,SJTIOBNVSUIZ
/
:4-FXJT
#3BWJOESBOBUI
o $IFNJDBMDPOTUJUVUJPOPGLPLBNGSVJUSJOE+'PPE
,PUIBSJ
4,
,4JOHI
5IFFGGFDUPGSPXTQBDJOH 4DJ5FDIOPM
o
BOE OJUSPHFO GFSUJMJ[BUJPO PO 4DPUDI TQFBSNJOU ,SJTIOBNVSUIZ
/
:4-FXJT
#3BWJOESBOBUI
.FOUIBHSBDJMJT4PMF
+&TT0JM3FT
o 0OUIFTUSVDUVSFPGHBSDJOPM
JTPHBSDJOPMBOEDBN
,PUPX
81
$ISFO IPSTFSBEJTI
*[EBMi,PMPTw
CPHJOPM5FUSBIFESPO-FUUFST
o
-FOJOHSBEQQ JO3VTTJBO
,SPPO
")+
5IF QJTUBDIJP OVU 1JTUBDJB WFSB
,PTDIUTDIFKFX
",
8JMEXBDITFOEF 1GMBO[FO -
5SPQ"CTUS
o
JO VOTFSFS &SOISVOH7&# 'BDICVDIWFSMBH -FJQ ,STUJD
#
-+ .FSLVMPW
% (WP[EFOPWJD
4 1BKFWJD
[JH "OBUPNJDBM BOE QIZTJPMPHJDBM DIBSBDUFSJT
,PUUFHPEB
43
'MPXFSTPG4SJ-BOLB5IF3PZBM UJDTPGTFFEJOQFQQFS $BQTJDVNBOOVVN-
WBSJ
"TJBUJD4PDPG4SJ-BOLB
$PMPNCP
QQ FUJFT"DUB"HSPOJNJDB)VOHBS
o
,PVIJMB
.
" #FMHIJU
. %BHVFOFU
#$ #PVUBMFC
,SHFS
)
, )BNNFS
" OFX DIFNPUZQF PG
&YQFSJNFOUBMEFUFSNJOBUJPOPGUIFTPSQUJPO "OFUIVNHSBWFPMFOT-+&TT0JM3FT
o
JTPUIFSNTPGNJOU .FOUIBWJSJEJT
TBHF 4BMWJBPG ,SHFS
)
# ;JFHFS
%JF #FTUJNNVOH FUIFSJ
GJDJOBMJT
BOEWFSCFOB -JQQFBDJUSJPEPSB
+'PPE TDIFS MF JO ,NNFMFYUSBLUFO %SPHFOSFQPSU
&OHOH
o /P
o
,PVLPT
1,
,* 1BQBEPQPVMPVT
&TTFOUJBM PJM ,SVH
)
##PSLPXTLJ
/FVF'MBWBOPM(MZLPTJ
PG +VOJQFSVT DPNNVOJT - HSPXO PO /PSUIFSO EFBVTEFO#MUUFSOWPO1FVNVTCPMEVT.PMJOB
(SFFDFWBSJBUJPOPGGSVJUPJMZJFMEBOEDPNQPTJUJ 1IBSNB[JF
o
PO+&TT0JM3FT
o ,STTNBOO
(
3PTFO
3PTFO
3PTFO
VOTFS8JT
,PVPLBN
+$
5+BIOT
)#FDLFS
"OUJNJDSPCJBM TFOCFSEJF3PTF7FSMBH11BSFZ#FSMJO)BNCVSH
BDUJWJUZPGUIFFTTFOUJBMPJMBOETPNFJTPMBUFETVM QQ
GVSSJDIDPNQPVOETGSPN4DPSPEPQIMPFVT[FOLF ,SU[GFME
,
1GFGGFSBMT(FXS[VOE"S[OFJNJU
SJ1MBOUBNFE
o UFM%UTDI"QPUIFLFS;UH
o
,PXBMFXTLJ
;
* .BUMBXTLB
;XJB[LJ GMBXP ,SU[GFME
,
.VTLBU
EJF QTZDIPBLUJWF /VTT
OPJEPXF X [JFMV T[BOUZ [XZD[BKOFK .BSSVCJVN %UTDI"QPUIFLFS;UH
o
WVMHBSF
'MBWPOPJET JO .BSSVCJVN WVMHBSF IFS ,SU[GFME
,
;JNU o EFS %VGU EFT 1BSBEJFTFT
CBHF
)FSCB1PMPO
o JO1PMJTI
%UTDI"QPUIFLFS;UH
o
,SBNFS
'-
5IFQFQQFSUSFF
4DIJOVTNPMMF- ,S[BD[BL
5
1IFOPMJDBDJETJO"OHFMJDBTZMWFTU
&DPO#PU
o SJT-)FSCBQPMPO
o
,SBVT
"
+' )BNNFSTDINJEU
6OUFSTVDIVO ,S[BD[BL
5
3/PXBL
4UFSPMTJOUIFSPPUTBOE
HFOBO'FODIFMMFOESBHPDPSFQ
o GSVJUT GSPN "OHFMJDB TZMWFTUSJT - (BSEFO BOHFMJ
,SBVT
+
( 'SBO[
4DIMFJNQPMZTBDDIBSJEF BVT DB
)FSCBQPMPO
o
8PMMCMVNFO%UTDI"QPUIFLFS;UH
o ,BTBOEPQVMP
4:V
4,.VTUBGBFW
51#B[IJOB
,SFVU[JH
-
6OUFSTVDIVOHFO [VS -BHFSTUBCJ &WBMVBUJPO PG OBUVSBM IFUFSPHFOFJUZ JO GSFTIMZ
MJUU WPO 4BMCFJCMUUFSO JO "CIOHJHLFJU WPO EFS IBSWFTUFE DPSJBOEFS GSVJUT
7FSQBDLVOH1IBSNB[;UH
o
3FGFSFODFT
TFOUJBMPJMDPNQPTJUJPOPGDIFSWJMHSPXJOHXJMEJO HFMMBTBUJWB-
+"HSJDVMU5SPQ#PU"QQM
/P
)VOHBSZ+&TT0JM3FT
o o
o
-FDMFSDR
1"
/9 %VOH
7/ -P
/7 5PBOI
-FVOH
"-
$IJOFTJTDIF )FJMLSVUFS & %JFE
$PNQPTJUJPOPGUIFFTTFOUJBMPJMPG&SZOHJVNGPF SJDIT7FSMBH
.VOJDI
&E
QQ
UJEVNGSPN7JFUOBN+&TT0JM3FT
o -FWFSJOHUPO
3&
(JOHFS UFDIOPMPHZ 'PPE
-FF
-"
7+$BSVTP
.FUIPETGPSEJTUJOHVJTI "VTUSBMJB5FDIOPM
o
JOHTPVSDFTPGOVUNFHPSNBDF+"TTPD0GG"H -FXJOHUPO
" 1MBOUT GPS QFPQMF 0YGPSE 6OJW
SJD$IFN
o 1SFTT
/FX:PSL
QQ
-FF
1-
(4XPSEFT
(-,)VOUFS
7PMBUJMFDPO -FXJT
:4
4/FFMBLBOUBO
5IFDIFNJTUSZ
CJP
TUJUVFOUTPGUBNBSJOE 5BNBSJOEVTJOEJDB-
+"H DIFNJTUSZBOEUFDIOPMPHZPGUBNBSJOE+4DJ*OE
SJD'PPE$IFN
o 3FT
o
-FF
44
:+-JO
$,$IFO
,$-JV
$)$IFO
-FXJT
:4
4 /FFMBLBOUBO
o
)ZESPYZDJUSJD
2VBUFSOBSZ BMLBMPJET GSPN -JUTFB DVCFCB BOE BDJE
UIFQSJODJQBMBDJEJOUIFGSVJUTPG(BSDJOJBDB
$SZQUPDBSZB LPOJTIJJ + /BU 1SPEVDUT
o CPHJB%FTS1IZUPDIFNJTUSZ
o
-JCFSU
#
3&OHIJOE
1SFTFOUEJTUSJCVUJPOBOE
-FF
:#
:4 ,JN
$3 "TINPSF
"OUJPYJEBOU FDPMPHZ PG 3IFVN SIBQPOUJDVN 1PMZHPOBFBF
QSPQFSUZJOHJOHFSSIJ[PNFBOEJUTBQQMJDBUJPOUP 8JMMEFOPXJF #FSMJO
o
NFBUQSPEVDUT+'PPE4DJ
o -JFOFS
*&
*NQMJDBUJPOPGBOUJOVUSJPOBMDPNQP
-FINBOO
)
;VS&JHOVOHEFS"QGFMCFFSF "SP OFOUTJOTPZBCFBOGPPET$SJU3FW'PPE4DJ/VU
OJB NFMBOPDBSQB
GS EJF JOEVTUSJFMMF 7FSBSCFJ SJU
o
UVOH-FCFOTNJUUFMJOEVTUSJF
o -JFTF
+
%FS 4IJJUBLF1JM[ /BUVSXJTTFOTDI V
-FINBOO
)
%JF"SPOJBCFFSFVOEJISF7FSBS /BISVOH/P
QQo
CFJUVOH'MTTJHFT0CTU
o -JIVB +JBOH
, ,VCPUB
'PSNBUJPO CZ NFDIB
-FJOP
.&
&GGFDU PG GSFF[JOH
GSFF[FESZJOH
OJDBMTUJNVMVTPGUIFGMBWPSDPNQPVOETJOZPVOH
BOE BJS ESZJOH PO PEPS PG DIJWF $IBSBDUFSJ[FE MFBWFTPG+BQBOFTFQFQQFS 9BOUIPYZMVNQJQFSJ
CZ IFBETQJDF HBT DISPNBUPHSBQIZ BOE TFOTPSZ UVN%$
+"HSJD'PPE$IFN
o
BOBMZTJT+"HSJD'PPE$IFN
o -JIVB +JBOH
) ,PKJNB
, :BNBEB
" ,PCBZBTIJ
,
-FNBJTUSF
+
-F QJTUBDIJFS UVEF CJCMJPHSB ,PCPUB
*TPMBUJPOPGTPNFHMZDPTJEFTBTBSP
QIJRVF
'SVJUT
o NBQSFDVSTPSTJOZPVOHMFBWFTPG+BQBOFTFQFQ
-FNCFSLPWJDT
(1FUSJ
(7JUBOZJ
--FMJL
&T QFS 9BOUIPYZMVN QJQFSJUVN %$
+ "HSJD 'PPE
TFOUJBMPJMDPNQPTJUJPOPGDIFSWJMHSPXJOHXJMEJO $IFN
o
)VOHBSZ+&TT0JM3FT
o -JNB
1
5IF )BSSPXTNJUI JMMVTUSBUFE CPPL PG
-FOBSEJT
"
&EFMB'VFOUF
"(JM
"5VCJB
$P IFSCT $BNEFO )PVTF 1VCMJTIJOH -UE
$BNEFO
SJBOEFS $PSJBOESVN TBUJWVN -
DSPQ SFTQPOTF &BTU
0/
$BOBEB
QQ
UP OJUSPHFO BWBJMBCJMJUZ + )FSCT
4QJDFT .FE -JO
9)
3-J
;5+JBOH
4UVEZPOUIFDIFNJDBM
1MBOUT
o DPNQPTJUJPO PG "SNPSBDJB MBQBUIJGPMJB FTTFOUJBM
-FOH1FTDIMPX
&
" 4USFOHF)FTTF
%JF .BSJ PJM'PPE4DJ
$IJOB
/P
o
FOEJTUFM 4JMZCJVN NBSJBOVN
VOE 4JMZNBSJO BMT -JO;IFOHLVJ
,VB:JOHGBOH
(V:VIPOH
5IF
-FCFSUIFSBQFVUJLVN;1IZUPUIFS
o DIFNJDBM DPOTUJUVFOUT PG UIF FTTFOUJBM PJM GSPN
-FPOH
(
""SDIBWMJT
.%FSCFTZ
3FTFBSDIPO UIFGMPXFST
MFBWFTBOEQFFMTPG$JUSVTBVSBOUJVN
UIFHMVDPTJEFGSBDUJPOPGUIFWBOJMMBCFBO+&TT "DUB#PU4JOJDB
o
0JM3FT
o -JOECFSH
.)
-"OEFSTFO
-$ISJTUBOTFO
1#SPDL
-FPOH
(
"6[JP
.%FSCFTZ
4ZOUIFTJT
JEFOUJ IPGG
(#FSCFMTFO
"OUJPYJEBUJWFBDUJWJUZPG
GJDBUJPOBOEEFUFSNJOBUJPOPGHMVDPTJEFTQSFTFOU TVNNFS TBWPSZ 4BUVSFKB IPSUFOTJT -
BOE SPTF
JOHSFFOWBOJMMBCFBOT 7BOJMMBQMBOJGPMJB"OESFXT
NBSZ 3PTNBSJOVTPGGJDJOBMJT-
JONJOFSBM
DPPLFE
'MBWPVS'SBHSBODF+
o QPSLNFBU;-FCFOTNJUUFM6OUFSTV'PSTDI
-FSPZ
+'
)(JMMFU
4VSEFVYQMBOUFTEFMBQIBS o
NBDPQFUDIBEJFOOF -FQJEJVNTBUJWVN-
FU/J -JOEFNBO
"
1 +PVOFMB&SJLTTPO
. -PVOBTNBB
5IFBSPNBDPNQPTJUJPOUIFGMPXFSPGNFB
3FGFSFODFT
-VOE
&%
8- #SZBO
$PNQPTJUJPO PG MFNPO OVN WVMHBSF - TTQ WVMHBSF ** 0JM DPOUFOUT BOE
PJM EJTUJMMFE GSPN DPNNFSDJBM NJMM XBTUF + 'PPE RVBOUJUBUJWF DPNQPTJUJPO PG UIF PJM 'MBWPVS *OE
4DJ
o
o
-VOE
,
) 3JNQMFS
5PSNFOUJMMXVS[FM *TPMJF .BCCFSMFZ
%+5IFQMBOUCPPL"QPSUBCMFEJDUJPOB
SVOHFJOFT&MMBHJUBOOJOTVOEQIBSNBLPMPHJTDIFT SZ PG UIF WBTDVMBS QMBOUT $BNCSJEHF 6OJW 1SFTT
TDSFFOJOH%UTDI"QPUIFLFS;UH
o $BNCSJEHF
6,
FEO
QQ
-VOJH
1"
5&CCFOIPSTU4FMMFS
5EF3JKL
+13PP[FO
.BD$BSUIZ
%
(BSMJDBUCBZAUJM.BZ'SFTI1SP
&GGFDU PG IPUBJSESZJOH PO GMBWPVS DPN EVDF+
'FCS
o
QPVOET PG CFMMQFQQFST $BQTJDVN BOOVVN
+ .B $IVBOHVP
&GGFDU PG NJDSPXBWF PO UIF
4DJ'PPE"HSJD
o TUBCJMJUZ PG ;BOUIPYZMVN CVOHFBOVN TFFE +
-VSU[
6
" 1MFTDIFS
&JOGMV WPO PSHBOJTDIFS ;IFOH[IPV*OTU5FDIOPM
o JO$IJOFTF
.BUIFX
#
$SPDVTTBUJWVTBOEJUTBMMJFT1MBOU BV SBOUJVN TVCTQFD CFSHBNJB 3JTTP FU 1PJUFBV
4ZTUFNBUJDT&WPMVUJPO
o &OHM+$ISPNBUPHS
o
.BUIFX
#
"SFWJFXPG"MMJVNTFDUJPO"MMJVN .B[[B
(
'VODUJPOBM GPPET #JPDIFNJDBM BOE
3PZBM#PUBOJDBM(BSEFOT,FX6,
QQ QSPDFTTJOH BTQFDUT7PM * $3$ 1SFTT 6, -POEPO
.BUIFX
1+
1. .BUIFX
7JKBZBSBHIBWB ,VNBS
QQ
(SBQI DMVTUFSJOH PG 1JQFS OJHSVN - CMBDL .B[[B
(
.JOPSWPMBUJMFDPOTUJUVFOUTPGFTTFO
QFQQFS
&VQIZUJDB
o UJBMPJMBOEFYUSBDUTPGDPSJBOEFS $PSJBOESVNTBUJ
.BUUIJFT
.
,BSEBNPN &MFUUBSJB DBSEBNP WVN-
GSVJUT4DJEFT"MJNFOUT
o
NVN<->.BUPOVOE&MFUUBSJBNBKPS4NJUI
FJO .B[[B
(
'",JFIO
&TTFOUJBMPJMPG"HBTUBDIF
JOEJTDIFT (FXS[ BVT EFN .JUUFMBMUFSM #SBVO GPFOJDVMVN
BQPUFOUJBMTPVSDFPGNFUIZMDIBWJDPM
TDIXFJH "SDIBFCPUBOJL %JTTFSUBUJPOFT #PUBOJD +&TT0JM3FT
o
o .B[[B
(
#% 0PNBI
)FSCT
CPUBOJDBMT BOE
.BUIVS
$
"SUJGJDBM SFHFOFSBUJPO PG 4BOUBMVN UFBT$3$1SFTT6,-POEPO
QQ
BMCVNJO3BKBTUIBO*OEJB'PSFTU
o .B[[B
(
##$IVCFZ
',JFIO
&TTFOUJBMPJMPG
.BUUIFXT
35
3FDPWFSZ BOE BQQMJDBUJPO PG .POBSEB GJTUPMPTB - WBS NFOUIBFGPMJB
B QPUFO
FTTFOUJBM PJMT GSPN PSBOHFT 'PPE 5FDIOPM
UJBM TPVSDF PG HFSBOJPM 'MBWPVS 'SBHSBODF +
o o
.BUPT
'+"
.*-.BDIBEP
""$SBWFJSP
+8"MFO .B[[B
(
4 $JBSBWPMP
( $IJSJDPTUB
4 $FMMJ
DBS
&TTFOUJBMPJMDPNQPTJUJPOPGUXPDIFNP 7PMBUJMF GMBWPVS DPNQPOFOUT GSPN SJQFOJOH BOE
UZQFTPG-JQQFBBMCBHSPXOJO/PSUIFBTU#SB[JM+ NBUVSF HBSMJD CVMCT 'MBWPVS 'SBHSBODF +
&TT0JM3FT
o o
.BUTVNVSB
5
5 *TIJLBXB
+ ,JUBKJNB
8BUFS .D$BSSPO
.
" .JMMT
% 8IJUUBLFS
5I ,VSJBO
+
TPMVCMF DPOTUJUVFOUT PG DBSBXBZ BSPNBUJD DPN 7FSHIFTF
B$PNQBSJTPOCFUXFFOHSFFOBOE
QPVOE
BSPNBUJD DPNQPVOE HMVDPTJEF BOE HMV CMBDLQFQQFSPJMTGSPN1JQFSOJSHSVN-CFSSJFTPG
DPTJEFT1IZUPDIFNJTUSZ
o *OEJBOBO4SJ-BOLBOPSJHJOT'MBWPVS'SBHSBODF
.BV
+-
&:$-BJ
/18BOH
$$$IFO
$)$IBOH
+
o
$$ $IZBV
$PNQPTJUJPO BOE BOUJPYJEBOU .D$BSSPO
.
"+ .JMMT
% 8IJUUBLFS
51 4VOOZ
+
BDUJWJUZPGUIFFTTFOUJBMPJMGSPN$VSDVNB[FEPB 7FSHIFTF
C $PNQBSJTPO PG UIF NPOPUFS
SJB'PPE$IFN
o QFOFTEFSJWFEGSPNHSFFOBOEGSFTISIJ[PNFTPG
.BVCFSU
$
$ (VSJO
' .BCPO
(+ .BSUJO
$VSDVNBMPOHB-GSPN*OEJB'MBWPVS'SBHSBODF
%UFSNJOBUJPOEFMPSJHJOFEFMBWBOJMMJOFQBSBOB +
o
MZTFNVMUJEJNFOTJPOOFMMFEVGSBDUJPOOFNFOUJTP .D$BSUBO
4"
/3 $PVDI
*O WJUSP DVMUVSF PG
UPQJRVFOBUVSFMTQDJGJRVFEFMIZESPHOF"OBMV .POEJBXIJUFJ 1FSJQMPDBDFBF
BUISFBUFOFE;VMV
TJT
o NFEJDJOBMQMBOU4PVUI"GS+#PU
o
.BVSFS
#
" )BVTFS
/FX TFTRVJUFSQFOPJET .D$PSNJDL
,%
." %FZSVQ
&4 .FOHFT
43
GSPNDMBSZTBHFPJM 4BMWJBTDMBSFB-
)FMWDIJN 8BMMBDF
+ .FJOXBME
5 &JTOFS
3FMFWBODF
"DUB
o PG DIFNJTUSZ UP DPOTFSWBUJPO PG JTPMBUFE QPQV
.BZFS
+(
;VS (FTDIJDIUF WPO #BMESJBO VOE MBUJPOT UIF DBTF PG WPMBUJMF MFBG DPNQPOFOUT PG
)PQGFO;1IZUPUIFS
o %JDFSBOESBNJOUT1SPD/BUJPO"DBE4DJ64"
.B[[B
(
3FMBUJWF WPMBUJMJUJFT PG TPNF POJPO o
GMBWPVSDPNQPOFOUT+'PPE5FDIOPM
o .D(JNQTFZ
+"
.) %PVHMBT
+8 WBO ,MJOL
%"
.B[[B
(
(BT DISPNBUPHSBQIJD BOE NBTT #FBVSFHBSE
/#1FSSZ
4FBTPOBMWBSJBUJPOJO
TQFDUSPNFUSJD TUVEJFT PG UIF DPOTUJUVFOUT PG UIF FTTFOUJBMPJMZJFMEBOEDPNQPTJUJPOGSPNOBUVSBMJ
SIJ[PNFPGDBMBNVT*5IFWPMBUJMFDPOTUJUVFOUTPG [FE5IZNVTWVMHBSJT-JO/FX;FBMBOE'MBWPVS
UIFFTTFOUJBMPJM+$ISPNBUPHS
o** 'SBHSBODF+
o
5IF WPMBUJMF DPOTUJUVFOUT PG BMDPIPMJD FYUSBDUT + .D,FF
-)
.-)BSEFO
/VUNFHBSFWJFX-F
$ISPNBUPHS
o CFOTNJUUFM8JTTV5FDIOPM
o
.B[[B
(
&UVEF TVS MB DPNQPTJUJPO BSPNB .D&MOBZ
+$
"-J8BO1P
(BSMJD1IBSNBD+
UJRVFEFMIVJMFFTTFOUJFMMFEFCFSHBNPUUF $JUSVT
o
3FGFSFODFT
.FIUB
3
+';BZBT
4I4I:BOH
"KPXBOBTB .FSGPSU
*
% 8FOEJTDI
'MBWBOPMHMVDVSPOJEF
TPVSDFPGOBUVSBMMJQJEBOUJPYJEBOU+"HSJD'PPE BVTEFO#MUFOWPO"SOJDBNPOUBOB1MBOUBNFE
$IFN
o
o
.FJKFS
5
5IFFTTFOUJBMPJMPGNBTTPJCBSL3FD .FSGQPSU
*
(8JMMVIO
.BSJFOEJTUFMUFFBMT-F
5SBW$IJN1BZT#BT
o CFOTNJUUFMXFOJHTJOOWPMM%UTDI"QPUIFLFS;UH
.FJTFOCBDIFS
,
%JF1BQBZB&DIUF)FJMQGMBO[F
o
PEFSv.PEFNFMPOFi 15" IFVUF
o
.FSJJMJ
'
").FSJJMJ
5IFFTTFOUJBMPJMPG%P
o SZTUBFDIBTIBTUBUB1MBOUBNFE
.FMDIJPS
)
) ,BTUOFS
(FXS[F #PUBOJTDIF .FSSJMM
&%
$PMFVTBNCPJOJDVT"EEJTPOJB
VOEDIFNJTDIF6OUFSTVDIVOH#E(SVOEMBHFO oQ
VOE 'PSUTDISJUUF EFS -FCFOTNJUUFMVOUFSTVDIVOH .FTIFEBOJ
5
+1PLPSOZ
+%BWJEFL
+1BOFL
7FSMBH11BSFZ#FSMJO)BNCVSH
QQ &GGFDUPGMJQPYJHFOBTFJOUIFMJQJEPYJEBUJPOEVSJOH
.FMHBSFKP
1
%. 4BMB[BS
"' "NPSPT"
0S UIFTUPSBHFPGQPQQZTFFE/BISVOH
o
HBOJD BDJE BOE TVHBS DPNQPTJUJPO PG IBSWFTUFE .FTUBOIBVTFS
"
%JF *OLVMUVSOBINF EFS 1SJ
QPNFHSBOBUF GSVJU &VS 'PPE 3FT 5FDIOPM
NVMB WFSJT -8FDITFMCF[JFIVOHFO [XJTDIFO 4B
o QPOJOVOE4USLFHFIBMUJOEFS8VS[FM1IBSNB[JF
.FM[FS
"
"OXFOEVOH EFS %OOTDIJDIUDISPNBUP
o
HSBQIJF
EFS (BTDISPNBUPHSBQIJF VOE TFOTPSJ .FUIB
3-
+' ;BZBT
"OUJPYZEBUJWF FGGFDU PG
TDIF 6OUFSTVDIVOHFO [VS 2VBMJUUTCFTUJNNVOH BKPXBOJOBNPEFMTZTUFN+"NFS0JM$IFNJTUT
WPO#MUUFSO
"VGHTTFOVOEEFNMEFS1GFGGFS 4PD
o
NJO[F
.FOUIBYQJQFSJUB-%SPHFOSFQPSU
/P .FVOJFS
$IS
-BWFOEFM VOE -BWBOEJOQGMBO[F
"VSPSSFGFSBU[VS%JQMPNBSCFJU
ESBHPDPSFQ
o
.FOBSE
6
$. -FIS
UIFSJTDIFS MHFIBMU .FVOJFS
$IS
-BWBOEFT FU MBWBOEJOT EJTVE
JO 'FODIFMGSDIUFO %UTDI "QPUIFLFS;UH
"JYFO1SPWFODF
'SBODF
FEO
QQ
o .FZFS
(
%JF3JOHFMCMVNFo$BMFOEVMBPGGJDJ
.FOHIJOJ
"
.$BQVDDFMMB
#3PNBOP
.'PSVJDJB OBMJT,VMUVSHFTDIJDIUMJDIFT1PSUSBJUFJOFS"S[OFJ
SJ
1SFMJNJOBSZSFQPSUTPOUIFCJPSIZUINVT QGMBO[F;1IZUPUIFS
o
BOETFFEQSPEVDUJPOPGGFOOFM"OO%FMMB'BDPM .FZFS#FSHF
" &JOGMV WFSTDIJFEFOFS ,VM
"HSBSJB
6OJW %FHMJ 4UVEJ EJ 1FSVHJB *UBMZ
UVSNBOBINFO VOE 4UBOEPSUGBLUPSFO BVG EJF
o #MUFOCJMEVOH VOE EFO #MUFOFSUSBH WPO "SOJDB
.FOOJOHFS
&" FE
&EJCMFOVUTPGUIFXPSME NPOUBOB - )BCJMTDIS 6OJW )PIFOIFJN
MBOE
)PSUJDVMUVSBM#PPLT
*OD4UVBSU
'-
QQ XJSUTDI'BLVMU
QQ
.FOPO
/"
,1 1BENBLVNBSJ
"+ +BZMFLTINZ
.FZFS$IMPOE
(
"SOJLB"S[OFJQGMBO[F NJU
&TTFOUJBMPJMDPNQPTJUJPOPGGPVSNBKPSDVM 5SBEJUJPO VOE ;VLVOGU %UTDI "QPUIFLFS;UH
UJWBSTPGCMBDLQFQQFS 1JQFSOJHSVN-
+&TT0JM
o
3FT
o .IFFO
WBOEFS
)+
)#PTDI
5FFMUWBOEJMMFLSV
.FOPVOPT
1
, 4UBQIZMBLJT
% (FHJPVT
5IF JEFOEJMMF[BBE1SPGFTUBUJPOWPPSEF"LLFSCPVX
TUFSPMTPG/JHFMMBTBUJWBTFFEPJM1IZUPDIFNJTUSZ FO (SPFOUFUFFMU JO EF 7PMMFHSPOE
*OGPSNUJFSFO
o ,FOOJTDFOUSVN
-FMZTUBE
/FUIFSMBOET
QQ
.FOFO
)(
,4UBFTDIF
)JCJTDVTCMUFO
)J .JDIBFM
&
#)FOOJOH
)-FJTFM
)BOECVDIGS
CJTDVT GMPT o )FSLVOGU
.PSQIPMPHJF VOE "OBUP 1JM[GSFVOEF 7&# ( 'JTDIFS7FSMBH +FOB
&EO
NJF%UTDI"QPUIFLFS;UH
o 7PM
QQo7PM
QQo
.FOVU
$
( -BNBUZ
%, 4PIPVOIMPVF
+ %BOHPV
.JDIBFMJT
""
/VYNPTDIBUB%JF.VTLBUOVTT
+. #FTTJFSF
"SPNBUJD QMBOUT PG USPQJDBM BMT(FXS[VOE)FJMNJUUFM7FSMBH"0.MMFS)FJM
8FTU"GSJDB***$IFNJDBMDPNQPTJUJPOPGMFBGFT CSPOO
QQ
TFOUJBMPJMPG-JQQFBNVMUJGMPSB.PMEFOLFGSPN#F .JDIBFMJT
,
0 7PTUSPXTLZ
) 1BVMJOJ
3 ;JOUF
,
OJO+&TT0JM3FT
o ,OPCMPDI
%BTUIFSJTDIFMBVTEFO#MUFO
.FSFOEJ
"
*MQJOPEPNFTUJDP 1JOVTQJOFB-
WPO"SUFNJTJBWVMHBSJT;/BUVSGPSTDI$
o
*UBMJB"HSJDPMB
o o
3FGFSFODFT
DVT-PVS
BQPUFOUGMBWPSJOHBOENFEJDJOBMQMBOU UVNPS QSPNPUJOH BDUJWJUZ PG UFUSBEFDBOP
+)FSCT
4QJDFT.FE1MBOUT
o ZMQIPSCPMBDFUBUFJONPVTFTLJO+"HSJD'PPE
.PTBOEM
"
&OBOUJPTFMFDUJWF DBQJMMBSZ HBT $IFN
o
DISPNBUPHSBQIZ BOE TUBCMF JTPUPQF SBUJP NBTT .VSBLBNJ
"
, 5PZPUB
4 0IVSB
, ,PTIJNJ[V
)
TQFDUSPNFUSZJOUIFBVUIFOUJDJUZDPOUSPMPGGMBWPST 0IJHBTIJ
4USVDUVSFBDUJWJUZSFMBUJPOTIJQTPG
BOFTTFOUJBMPJMT'PPE3FW*OUFSO
o }4
}BDFUPYZDIBWJDPM BDFUBUF
B NBKPS DPOTUJ
.PTBOEM
"
% +VDIFMLB
"EWBODFT JO UIF BV UVFOUPGB4PVUIFBTU"TJBODPOEJNFOUQMBOU-BO
UIFOUJDJUZBTTFTTNFOUPGDJUSVTPJMT+&TT0JM3FT HVBTHBMBOHB
POUIFJOIJCJUJPOPGUVNPSQSPNP
o UPSJOEVDFE&QTUFJO#BSSWJSVTBDUJWBUJPO+"HSJD
.PTTCFSH
#
-4UFSOCFSH
4&SJDTPO
%FOOPS 'PPE$IFN
o
EJTLB 'MPSB8BIMTUSN 8JETUSBOE 1VCM 4UPDL
IPMN
QQ
.PZMFS
%"
." 4UFQIFOT
$PVOUFS DVSSFOU /
EFUFSQFOBUJPOPGDPMEQSFTTFETXFFUPSBOHFQFFM
PJM1FSGVNFS'MBWPVSJTU
/P
o /BHBSBKB
,7
./ .BOKVOBUI
.- /BMJOJ
.TPOUIJ
+%
"OPWFMQIFOPMJDHMZDPTJEFGSPN $IFNJDBM DPNQPTJUJPO PG DPNNFSDJBM UBNBSJOE
.POEJBXIZUFJ4LFFMT#VMM$IFN4PD&UIJPQJB
KVJDFDPODFOUSBUF*OE'PPE1BDLFS
o
o /BHBSBKBO
4
+BHBO.PIBO3BP
,/(VSVEVUU
.VDDJBSFMMJ
.
..BGGFJ
54BDDP
0MJFTTFO[J $IFNJDBM DPNQPTJUJPO PG UIF WPMBUJMFT )FNJEFT
BMJFUSJDPNJHIJBOEPMBSJEJ1FSPWTLJBBUSJQMJDJGPMJB NVTJOEJDVT3#S'MBWPVS'SBHSBODF+
o
#FOUIF1FSPWTLJBTDSPQIVMBSJBFGPMJB#VOHF3JW
*UBM&1104*TU5FUSBIFESPO
o /BHBTBXB
5
,6NFNPUP
55TVOFZB
.4IJHB
.VDDJBSFMMJ
.
5 4BDDP
(MBOEVMBS USJDIPNFT o
3)ZESPYZQNFUIFOPOF JTPMBUFE
BOEFTTFOUJBMPJMTPG.FOUIBSFRVJFOJ#FOUI+&TT GSPN FTTFOUJBM PJM PG .FOUIB HFOUJMJT - "HSJD
0JM3FT
o #JPM$IFN
o
.VLIFSKJ
%,
-BSHF DBSEBNPN8PSME $SPQT /BHBTBXB
5
,6NFNPUP
55TVOFZB
.4IJHB
o 4UVEJFTPOUIFXJMENJOUTPGUIF5PLBJEJTUSJDU7*
.VLIFSKJ
4
"NPOPHSBQIZPOUIFHFOVT.BO "CTPMVUFDPOGJHVSBUJPOPG
BDFUPYZQNFOUI
HJGFSB--MPZEJB
o POFJTPMBUFEGSPNFTTFOUJBMPJMPG.FOUIBHFOUJ
.VMF
"
(1JSJTJOP
.%.PSFUUJ
.4BUUB
$B MJT-"HSJD#JPM$IFN
o
SBUUFSJTUJDIF EFMM PMJP FTTFO[JBMF EJ 3PTNBSJOVT /BHFM
.
& 3FJOIBSE
%BT UIFSJTDIF M EFS
PGGJDJOBMJTEFMMFTUB[JPOFEJ$BMB(POPOF 4BSEFH $BMMVTLVMUVSFOWPO3VUBHSBWFPMFOT.JUU1IZ
OB
1SFTFOUFEBUUIF"UUJEFM$POWFHOPJOUFSOB[ TJPMPHJF[VS#JMEVOHEFTUIFSJTDIFOMFT1MBOUB
i$PMUJWB[JPOFFNJHMJPSBNFOUPEJQJBOUFPGGJDJOB NFE
o
MJw
5SFOUP
*UBMZ
+VOFo
QQo /BHFMM
"
'8 )FGFOEFIM
4USVLUVSCFTUJN
.VMLFOT
"
* ,BQFUBOJEJT
&VHFOZMHMVDPTJEF
NVOH WPO %JPTQIFOPMFO 1IZUPDIFNJTUSZ
BOFXOBUVSBMQIFOZMQSPQBOPJEIFUFSPTJEFGSPN o
.FMJTTB PGGJDJOBMJT + /BUVSBM 1SPEVDUT
o /BJS
.,
5 1SFNLVNBS
1/ 3BWJOESBO
:3 4BSNB
FE
1SPDPGUIFOBUJPOBMTFNJOBSPOHJOHFS
.VOO#PTDI
4
-"MFHSF
,4DIXBS[
5IFGPS BOE UVSNFSJD
$BMDVUUB $FOUSBM 1MBOUBUJPO
NBUJPOPGQIFOPMJDEJUFSQFOFTJO3PTNBSJOVTPGGJ $SPQT3FT*OTUJUVUF
,BTBSBHPE *OEJB
QQ
DJOBMJT-VOEFS.FEJUFSSBOFBODMJNBUF&VS'PPE /BLBIBSB
4
,,VNBUBOJ
),BNFPLB
"DJEJD
3FT5FDIOPM
o DPNQPVOET JO QBUDIPVMJ PJM 1IZUPDIFNJTUSZ
.VOTIJ
".
+44JOEIV
()#BCB
*NQSPWFE o
DVMUJWBUJPO QSBDUJDFT GPS TBGGSPO *OEJBO 'BSNJOH /BLBNVSB
4
0/JTIJNVSB
).BTVEB
*EFOUJGJ
/P
o DBUJPOPGWPMBUJMFBSPNBDPNQPOFOUTGSPNUIFPJM
.VSBLBNJ
"
"/BLBNVSB
,,PTIJNJ[V
)0IJHBT PG SPBTUFE TFTBNF TFFET "HSJD #JPM $IFN 5P
IJ
(MZDFSPHMZDPMJQJEFTGSPN$JUSVTIZTUSJY
B LZP
o
USBEJUJPOBM IFSC JO5IBJMBOE
QPUFOUMZ JOIJCJU UIF /BLBOV
5
. 4VVBSF[
/FVUSBM DPOTUJUVFOUT
3FGFSFODFT
UUWPO4BGSBO $SPDVTTBUJWVT-
&SHFCOJTTFFJOFS 0QEZLF
%-+
$BMBNVT PJM 'PPE
$PTNFUJDT
"OCBVTUVEJFJO,IPSBTBO *SBO
;"S[OFJV(F 5PYJDPM
o
XS[QGMBO[FO
o 0QEZLF
%-+
4BTTBGSBT PJM 'PPE
$PTNFUJDT
0NVCVXBKP
50
030NPCVXBKP
-"4BOOJ
5PYJDPM
o
1IZTJDBMQSPQFSUJFTPGDBMBCBTIOVUNFH .POPE 0SUI
"
%JF %TDIVOHFMBQPUIFLF EFS (PUUL
PSBNZSJTUJDB
TFFET+'PPE&OHOH
o OJHF*O((SBJDIFO FE
)FJMXJTTFOWFSTVOLFOFS
0OBZBEF
0"
"-PPNBO
++$4DIFGGFS
"#4WFOE ,VMUVSFO*N#BOOFEFSHSOFO(UUFS&DPO7FS
TFO
$PNQPTJUJPO PG UIF IFSC FTTFOUJBM PJM MBH.VOJDI
QQo
PG)ZQUJTTQJDJHFSB-BN'MBWPVS'SBHSBODF+
0SUI
)$+
$ 3FOUFM
1$ 4DINJEU
*TPMBUJPO
o QVSJUZ BOBMZTJT BOE TUBCJMJUZ PG IZQFSGPSJO BT B
0OEBS[B
.
"4BDIF[
4UFBNEJTUJMMBUJPOBOE TUBOEBSENBUFSJBMGSPN)ZQFSJDVNQFSGPSBUVN-
TVQFSDSJUJDBM GMVJE FYUSBDUJPO PG TPNF .FYJDBO +1IBSNBD1IBSNBDPM
o
TQJDFT$ISPNBUPHSBQIJB
o 0SUI
.
5I WBO EFO #FSH
'$ $[ZHBO
%JF
0OZFOFLXF
1$
4 )BTIJNPUP
5IF DPNQPTJ 4DIBGHBSCF o "DIJMMFB NJMMFGPMJVN ; 1IZUPUIFS
UJPO PG UIF FTTFOUJBM PJM PG ESJFE /JHFSJBO HJOHFS
o
;JOHJCFSPGGJDJOBMF 3PTDPF
&VS 'PPE 3FT 5FDI 0SUI
.
'$$[ZHBO
71%FELPW
7BSJBUJPOJO
OPM"
o FTTFOUJBM PJM DPNQPTJUJPO BOE DIJSBM NPOPUFSQF
0OZFOFLXF
1$
()0HCBEV
)%FTMBVSJFST
.(B OFTPG"DIJMMFBNJMMFGPMJVNTMGSPN,BMJOJOHSBE+
HOPO
(+$PMMJO
7PMBUJMFDPOTUJUVFOUTPGUIF &TT0JM3FT
o
FTTFOUJBMPJMPG.POPEPSBNZSJTUJDB (BFSUO
%V 0SVB$PODIB
.+
+ 4JNBM-P[BOP
.+ (PO[MF[
OBM+4DJ'PPE"HSJD
o $BTUSP
.& 7[RVF[#MBODP
%FUFSNJOBUJ
0PJ
-4.
)POH :V
$IVO.FJ $IFO
44. 4VO
POPGDBQTBJDJOBOEEJIZESPDBQTBJDJOJO$BZFOOF
7&$ 0PJ
*TPMBUJPO BOE DIBSBDUFSJ[BUJPO QFQQFS BOE 1BESOQFQQFS CZ )1-$ %UTDI -F
PGBCJPBDUJWFNBOOPTFCJOEJOHQSPUFJOGSPNUIF CFOTNJUUFM3ETDI
o
$IJOFTF DIJWF "MMJVN UVCFSPTVN + "HSJD 'PPE 0TUFSCVSH
$
%JF7BOJMMFJOEFSFVSPQJTDIFO
$IFN
o 4XBSFOJOEVTUSJF4XBSFO
o
0PNFO
)"1$
(+) (SVCCFO
5SPQJDBM MFBG 0T[BHZBO
.
#4JNBOEJ
+4BXJOTLZ
"DPN
WFHFUBCMFTJOIVNBOOVUSJUJPO,POJOLMJKL*OTUJUV QBSJTPOCFUXFFOUIFPJMBOETVQFSDSJUJDBMDBSCPO
VUWPPSEF5SPQFO"NTUFSEBN
QQ EJPYJEFFYUSBDUPG)VOHBSJBOXJMEUIZNF 5IZNVT
0QEZLF
%-+
B$FMFSZTFFEPJM'PPE
$PTNF TFSQIZMMVN-
+&TT0JM3FT
o
UJDT
5PYJDPM
o 0T[NJBOTLJ
+
+$ 4BQJT
"OUIPDZBOFT JO UIF
0QEZLF
%-+
C $IBNPNJMF PJM SPNBO 'PPE
GSVJUTPG"SPOJBNFMBOPDBSQB DIPLFCFSSZ
+'PPE
$PTNFUJDT
5PYJDPM
4DJ
o
0QEZLF
%-+
D (JOHFS PJM JO NPOPHSBQIT PO 0VBIBEB
4
##FOWFOJTUF
5VOJTJBOSPTFNBSZ
GSBHSBODFSBXNBUFSJBMT'PPE
$PTNFUJDT
5PYJDPM PJM1FSGVNFS'MBWPSJTU
/P
QQo
o 0VZPO
1)
1I.7FSOFU
+-(VJMMFSN
(7BMFEZSPO
0QEZLF
%-+
E1FOOZSPZBMPJM&VSPQFBO'PPE
1PMZNPSQIJTNVTBOEFOWJSPONFOUUIFBE
$PTNFUJDT
5PYJDPM
o BQUJWFWBMVFPGUIFPJMQPMZNPSQIJTNVTJO5IZNVT
0QEZLF
%-+
F3PTFNBSZPJM'PPE
$PTNFUJDT
WVMHBSJT-)FSFEJUZ
o
5PYJDPM
o 0ZFEFMF
"0
""(CPMBEF
.#4PTBO
'#"EFXPZ
0QEZLF
%-+
G'SBHSBODFSBXNBUFSJBMNPOP JO
0-4PZFMV
000SBGJEJZB
'PSNVMBUJPO
HSBQIT
1FSVCBMTBN
1FSVCBMTBN PJM 'PPE
$PT PGBOFGGFDUJWFNPTRVJUPSFQFMMFOUUPQJDBMQSPEVDU
NFUJDT
5PYJDPM
o GSPNMFNPOHSBTTPJM1IZUPNFEJDJOF
o
0QEZLF
%-+
F4BHFPG%BMNBUJPO'PPE
$PT 0ZFO
-1"
/9%VOH
1MBOUSFTPVSDFTPG4PVUI
NFUJDT
5PYJDPM
o &BTU"TJB/P&TTFOUJBMPJMQMBOUT#BDLIVZT1V
0QEZLF
%-+
B"OHFMJDBSPPUPJM'PPE
$PTNF CMJTIFST-FJEFO
QQ
UJDT
5PYJDPM 4VQQM
[DBO
.
1JDLMJOHBOETUPSBHFPGDBQFSCFSSJFT
0QEZLF
%-+
C1BSTMFZTFFEPJM'PPE
$PTNF $BQQBSJTTTQ
;-FCFOTNJUUFM6OUFSTV'PSTDI
UJDT
5PYJDPM 4VQQM
o
o
3FGFSFODFT
1BOL
'
& 4DIOFJEFS
) ,SHFS
B 1PTTJCJMJUJFT DZDMPEFYUSJO BOE NPEJGJFE TUBSDIFT &VS 'PPE
BOEMJNJUBUJPOTPGFTUSBHPMFDPOUFOUSFEVDUJPOPG 3FT5FDIOPM"
o
'FOOFM 'PFOJDVMVNWVMHBSF.JMM
BOEJUTQSFQBSB 1BS[JOHFS
3
'FODIFM6OUFSTDIJFEFEFSCFJEFO
UJPOT;"S[OFJV(FXS[QGMBO[FO
o 7BSJFUUFO%UTDI"QPUIFLFS;UH
o
1BOL
'
84DINJEU
04DISBEFS
2VBMJUUHF 1BTDVBM
5
+EF 0WFKFSP
& $BCBMMFSP
$ $BCBMMFSP
HFOXSUJH HFOVU[UFS 1GFGGFSNJO[TPSUFO .FOUIB $POTUJUVFOUT PG UIF FTTFOUJBM PJM PG -BWBO
YQJQFSJUB-
VOEJISF&JHOVOHGSEJF1SPEVLUJPO EVMBMBUJGPMJB1IZUPDIFNJTUSZ
o
WPO5FFESPHFO)FSCB(FSNBOJDB
o 1BTDVBM
5
+ EF 0WFKFSP
+ "OBZB
& $BCBMMFSP
+.
1BOL
'
,5BVCFOSBVDI
41GFGGFS
),SHFS
C )FSOOEF[
.$$BCFMMFSP
$IFNJDBMDPN
&JHFOTDIBGUFO WPO 4PSUFO VOE )FSLOGUFO EFT QPTJUJPO PG 4QBOJTI TQJLF PJM 1MBOUB NFE
'FODIFMT 'PFOJDVMVN WVMHBSF .JMM TTQ WVMHB o
SF
JN7FSHMFJDI ; "S[OFJ (FXS[QGMBO[FO
1BTTFU
+
5IZNVT WVMHBSJT -
DIFNPUBYPOP
o NJFFUCJPHFOFTFNPOPUFSQFOJRVF$34BODFT
1BOU
",
", 4JOHI
$4 .BUIFMB
3BTINJ 1BSJIBS
"DBE"HSJDVMU'SBODF
o
7BTV%FW
"5/FSJP
"5#PUUJOJ
&TTFOUJBMPJM 1BULPWB
%
. $IMEFL
CFS EJF BOUJCBLUF
PG)ZQUJTTVBWFPMFOT1PJU+&TT0JM3FT
o SJFMMF "LUJWJUU WPO 5IZNJBO VOE 2VFOEFMMFO
1QBZ
7
-5UI
,0TWUI
(Z#VKUT
CFSEJF 1IBSNB[JF
o
'MBWBOPJEF WPO 7FSCBTDVN QIMPNPJEFT - 1IBS 1BUJM
#4
-. 1JLF
,4 :PP
7BSJBUJPO JO UIF
NB[JF
o RVFSDJUJODPOUFOUJOEJGGFSFOUDPMPSFEPOJPOT "MMJ
1BSBELBS
..
344JOHIBM
13,VMLBSOJ
"OFX VNDFQB-
"NFS4PD)PSUJD4DJ
o
5-$NFUIPEUPEFUFDUUIFQSFTFODFPGHSPVOEQB 1BUPO
"
"TZOPQTJTPG0SJHBOVN- -BCJBUBF
QBZBTFFEJOHSPVOECMBDLQFQQFS+4DJ'PPE"H JO"GSJDB,FX#VMM
o
SJD
o 1BZFOT
+%18
"NPOPHSBQIPGUIFHFOVT#BS
1BSBJO
$I
$POOBJTTBODFT BDUVFMMFT EF MB $B SJOHUPOJB -FDZUIJEBDFBF
#MVNFB
o
OFMMF$JOOBNPNVN[FZMBOJDVN/FFT -BVSBDFT
1FDI
#
#SVOFUPO
"MLBMPEFTEVMBVSJFSOPCMF
FUQFSTQFDUJWFTEBWFOJS5ITF1IBSN6OJW#PS -BVSVTOPCJMJT+/BUVS1SPEVDUT
o
EFBVY 1FMJTTJFS
:
" .BMBO
: .BINPVU
+. #FTTJFSF
1BSEP
+&
" ;BMBDBJO
. $BSNPOB
& -PQF[
" "M 'SVJU WPMBUJMFT PG -BOEPMQIJB TFOFHBMFOTJT
WBSSVJ[
(-"MPOTP
*OGMVFODFPGUIFUZQFPG %$
,PUTDIZFU1FZSBOE-IFVEFMJUJJ%$ "QP
EFIZESBUJPOQSPDFTTPOUIFTFOTPSZQSPQFSUJFTPG DZOBDFBF
+&TT0JM3FT
o
TBGGSPOTQJDF*UBM+'PPE4DJ
o 1FMJTTJFS
:
$ .BSJPO
+ $BTBEFCBJH
. .JMIBV
%
1BSJT
.
($MBJS
+/VHFS
0EPVSDPNQPOFOUT ,POF
(-PVLPV
:/BOHB
+.#FTTJFSF
"
PG /JHFMMB EBNBTDFOB TFFET 3JW *UBM &1104
DIFNJDBM
CBDUFSJPMPHJDBM
UPYJDPMPHJDBMBOEDMJOJ
o DBMTUVEZPGUIFFTTFOUJBMPJMPG-JQQFBNVMUJGMPSB
1BSNBS
74
)/+IB
4,4BOEVKB
34BOEVKB
.PME 7FSCFOBDFBF
+&TT0JM3FT
o
5SJHPDVNBSJOoBOFXDVNBSJOPG5SJHPOFMMBGPF 1FOH
+1
94:BP
),PCBZBTIJ
$.B
/PWFM
OVNHSBFDVN;/BUVSGPSTDI#
o GVSPTUBOPMHMZDPTJEFTGSPN"MMJVNNBDSPTUFNPO
1BSNBS
74
4$ +BJO
,4 #JTIU
3 +BJO
15BOFKB
" 1MBOUBNFE
o
+IB
0%5ZBHJ
",1SBTBE
+8FOHFM
$&0MTFO
1FOH
+1
94:BP
:5F[VLB
5,JLVDIJ
'VSPTUB
1. #PMM
1IZUPDIFNJTUSZ PG HFOVT 1JQFS OPM HMZDPTJEFT GSPN CVMCT PG "MMJVN DIJOFOTF
1IZUPDIFNJTUSZ
o 1IZUPDIFNJTUSZ
o
1BSPVM
/
- 3PUB
$ 'SJ[[P
"$ "UUJ EPT 4BOUPT
1 1SF[(MWF[
"
.* .OHVF[.PTRVFSB
.BZOB
"&TDBMPOB(PXFS
-"UUJ4FSBGJOJ
&$BT 4USVDUVSFSFBDUJWJUZ SFMBUJPOTIJQ JO UIF PYJEBUJPO
TFM
$IFNJDBM DPNQPTJUJPO PG UIF WPMBUJMF PGDBSPUFOPJEQJHNFOUTPGUIFQFQQFS $BQTJDVN
PJMPGBOHFMJDBSPPUPCUBJOFECZIZESPEJTUJMMBUJPO BOOVVN-
+"HSJD'PPE$IFN
o
BOETVQFSDSJUJDBM$0FYUSBDUJPO+&TT0JM3FT
1FSJLPT
+
5IFDIJPTHVNNBTUJD1SJOU"MM-UE
o (SBQIJD"SUT
QQ
1BSUBOFO
3
."ISP
.)BLBMB
),BMMJP
1'PSTTFMM
1FSJOFBV
'
-(BOPV
+.#FTTJFSF
)ZESPEFT
.JDSPFODBQTVMBUJPO PG DBSBXBZ FYUSBDU JO
3FGFSFODFT
USJUFSQFOPJE MBDUPOF GSPN -FVDBT BTQFSB 1IZUP 1VSTHMPWF
+8
5SPQJDBM DSPQT %JDPUZMFEPOT
DIFNJTUSZ
o 7PM
-POHNBOT
(SFFO BOE $P -UE -POEPO
1SBEIBO
,+
14 7BSJZBS
+3 #BOEFLBS
"OUJ QQ
NJDSPCJPMPHJDBM BDUJWJUZ PG OPWFM QIFOPMJD DPN 1VSTHMPWF
+8
5SPQJDBM DSPQT .POPDPUZMF
QPVOETPGHSFFOQFQQFS 1JQFSOJHSVN-
'PPE EPOT 7PM
-POHNBOT
(SFFO BOE $P -UE -PO
4DJ5FDIOPM-FCFOTNJUUFM8JTT
o EPO
QQ
1SBLBTI
7
-FBGZTQJDFT$3$1SFTT
#PDB3BUPO
1VUJFWTLZ
&
63BWJE
/%VEBS
5IFJOGMVFODF
'MPSJEB
64
QQ PGTFBTPOBOEIBSWFTUGSFRVFODZPOFTTFOUJBMPJM
1SBLBTI
7
$1 /BUBSBKBO
4UVEJFT PO DVSSZ BOEIFSCBMZJFMEGSPNBQVSFDMPOFPGTBHF 4BMWJB
MFBG .VSSBZBLPFOJHJJ-
+'PPE4DJ .ZTPSF
PGGJDJOBMJT
HSPXO VOEFS DVMUJWBUFE DPOEJUJPOT +
o /BU1SPEVDUT
o
1SBUU
%4
3PTFMMF1IJQQJOF+4DJ
o 1VUJFWTLZ
&
63BWJE
/4OJS
%4BOEFSPWJDI
1SFTUPO
)
.3JDLBSE
&YUSBDUJPOBOEDIFNJTU &TTFOUJBM PJM GSPN DVMUJWBUFE CBZ MBVSFM *TSBFM +
SZPGBOOPUUP'PPE$IFN
o #PU
o
1SCTUMF
"
3#BVFS
"SJTUPMBDUBNTBOEB
1VUTDIFS
.
%BT4IPM[VOETFJOF(FTDIJDI
EJPYPBQPSQIJOF EFSJWBUJWF GSPN )PVUUVZOJB DPS UF%JTT6OJW$PMPHOF
QQ
EBUB1MBOUBNFE
o
1SCTUMF
"
"/FT[NFMZJ
(+FSLPWJDI
)8BHOFS
3
#BVFS
/PWFMQZSJEJOFBOE
EJIZESPQZSJ 2
EJOFBMLBMPJETGSPN)PVUUVZOJBDPSEBUB/BU1SPE
-FUUFS
o 2VBESZ
4.+4
$,"UBM
4UVEJFTPOTPNFVN
1SVEFOU
%
'1FSJOFBV
+.#FTTJSF
(.JDIFM
CFMMJGFSPVTGSVJUT**1IBSNBDPHOPTZPGUIFGSVJUTPG
$IFNJDBM BOBMZTJT
CBDUFSJPTUBUJD BOE GVOHJTUBUJD $VNJOVNDZNJOVN-1MBOUBNFE
o
QSPQFSUJFT PG UIF FTTFOUJBM PJM PG UIF "UPVNBV 2VBESZ
4.+4
$,"UBMJ
4UVEJFTPOUIFVN
GSPN .BSUJOJRVF "MQJOJB TQFDJPTB , 4DIVN
+ CFMMJGFSPVTGSVJUT***1IBSNBDPHOPTZPGUIFGSVJUT
&TT0JM3FT
o PG5SBDIZTQFSNVNBNNJ-JOO $BSVNDPQUJDVN
1SVEFOU
%
'1FSJOFBV
+.#FTTJSF
(.JDIFM
+$ #FOUIFU)PPL
1MBOUBNFE
o
#BDDPV
"OBMZTJTPGUIFFTTFOUJBMPJMPGXJME 2VBUUSPDDIJ
6
$PNNPO OBNFT
TDJFO
PSFHBOP GSPN .BSUJOJRVF $PMFVT BSPNBUJDVT UJGJDOBNFT
FQPOZNT
TZOPOZNT
BOEFUZNPMPHZ
#FOUI
oFWBMVBUJPOPGJUTCBDUFSJPTUBUJDBOEGVO $3$ 8PSME %JDUJPOBSZ PG 1MBOU /BNFT -POEPO
HPTUBUJDQSPQFSUJFT+&TT0JM3FT
o /FX :PSL
8BTIJOHUPO
7PM * "o$
QQ
1SVUIJ
+4
4QJDFTBOEDPOEJNFOUT$IFNJTUSZ
7PM**%o-
QQ7PM***.o2
QQ
NJDSPCJPMPHZ BOE UFDIOPMPHZ "DBEFNJD 1SFTT 7PM*73o;
QQ
/FX:PSL
/:
QQ
1TDIZSFNCFM
8SUFSCVDIEFS/BUVSIFJMLVOEF
VOE BMUFSOBUJWF )FJMWFSGBISFO (POESPN 7FSMBH
(NC)#JOEMBDI
QQ
3
1V
'BUJOH
"SFWJTJPOPGUIFHFOVT-JHVTUJDVN
3BCBU
+
UVEFEFTFTTFODFTEF-JQQFBBEP
6NCFMMJGFSBF
JO $IJOB "DUB 1IZUPUBYPO 4JOJDB
FOTJT)PDITU3FW#PU"QQM"HSJD5SPQ
o
o
o
1VFSUBT.FKJB
.
4)JMMFCSBOE
&4UBTIFOLP
18JO
3BCJOPXJUDI
)%
+-#SFXTUFS
0OJPOTBOEBM
UFSIBMUFS
*OWJUSPSBEJDBMTDBWFOHJOHBDUJWJUZ
MJFEDSPQT7PM*#PUBOZ
1IZTJPMPHZ
BOEHFOFUJDT
PGFTTFOUJBMPJMTGSPN$PMVNCJBOQMBOUTBOEGSBD
QQ
7PM**"HSPOPNZ
CJPUJDJOUFSBDUJPOT
QB
UJPOTGSPNPSFHBOP 0SJHBOVNWVMHBSF-
FTTFOUJ
UIPMPHZBOEDSPQQSPUFDUJPO
QQ
7PM***#JP
BMPJM'MBWPVS'SBHSBODF+
o
DIFNJTUSZ
GPPETDJFODF
BOENJOPSDSPQT
QQ
1VSBOBJL
+
/#BMBTVCSBINBOZBN
4%IBOBSBK
,/
$3$1SFTT
*OD#PDB3BUPO
'MPSJEB
64"
(VSVEVUU
1BDLJOH BOE TUPSBHF TUVEJFT PO
3BCJOPXJUDI
)%
- $VSSBI
"MMJVN $SPQ 4DJ
GMVFDVSFEMBSHFDBSEBNPN "NPNVNTVCVMBUVN
3PYC
+'PPE4DJ5FDIOPM
*OEJB
o
3FGFSFODFT
)BSXPPE "DBEFNJD 1VCMJTIFST "NTUFSEBN 4JO 3FVUFS
%)
,OPCMBVDI "MMJVN TBUJWVN
;
HBQPSF
QQ 1IZUPUIFS
o
3B[B#IBUUJ
(
.*OHSPVJMMF
4ZTUFNBUJDTPG1P 3FWFSDIPO
&
'4FOBUPSF
*TPMBUJPOPGSPTFNBSZ
HPTUFNPO -BCJBUBF
#VMM /BU )JTUPSZ .VTFVN PJM $PNBSJTN CFUXFFO IZESPEJTUJMMBUJPO BOE TV
-POEPO
#PU4FS
o QFSDSJUJDBM $0FYUSBDUJPO 'MBWPVS 'SBHSBODF +
3B[EBO
5,
3,8BODIPP
,-%BIBS
$IFNJ
o
DBMDPNQPTJUJPOBOEBOUJNJDSPCJBMBDUJWJUZPGUIF 3FWFSDIPO
&
" "NCSVPTJ
' 4FOBUPSF
*TPMB
PJMPG5BHFUFTNJOVUB-JOO1BSGNFSJFV,PTNF UJPO BOE QFQQFSNJOU PJM VTJOH TVQFSDSJUJDBM $0
UJL
o FYUSBDUJPO'MBWPVS'SBHSBODF+
o
3FBE
$
3.FOBSZ
-FBGFYUSBDUBOEQPMZHPEJBM 3FWFSDIPO
&
35BEEFP
(%FMMB1PSUB
&YUSBD
ZJFMEJO5BTNBOOJBMBODFPMBUB 1PJS
"$4NJUI+ UJPOPGTBHFPJMCZTVQFSDSJUJDBM$0*OGMVFODFPG
&TT0JM3FT
o TPNF QSPDFTT QBSBNFUFST + 4VQFSDSJU 'MVJET
3FDIJOHFS
,)
FE
'MPSB*SBOJDB/P6N o
CFMMJGFSBF "LBE %SVDL V 7FSMBHTBOTUBMU (SB[
3FZ
$I
*4MBDBOJO
%PNFTUJDBUJPOEFSFDIUFO
QQ &EFMSBVUF "SUFNJTJBVNCFMMJGPSNJT-BN%SPHFO
3FGBBU
".
)) #BHIEBEJ
)& 0VEB
44 "INBE
SFQPSU
/P
o
"DPNQBSBUJWFTUVEZCFUXFFOUIF&HZQUJBO 3FZ
4
' $BSCPOFM
. WBO %PPSO ' .BTTZ
BOE 3PNBOJBO TXFFU NBSKPSBN .BKPSBOB IPS $PNQPTJUJPOBSPNBUJRVFEJGGSFOUFTFTQDFTWB
UFOTJT
1MBOUBNFE
OJMMF"OO'BMTJGJDFYQ$IJN
o
3FGBBU
".
)) #BHIEBEJ
&) 0VEB
44 "INBE
3F[[PVH
4"
/ -PVLB
, "MMBG
&GGFDU PG UIF
" DPNQBSBUJWF TUVEZ CFUXFFO UIF NBJOQSPDFTTJOHQBSBNFUFSTPGUIFJOTUBOUBOFPVT
&HZQUJBO BOE 3PNBOJBO TXFFU .BSKPSBN .BKP DPOUSPMMFE QSFTTVSF ESPQ QSPDFTT BOE JTPMBUJPO
SBOB IPSUFOTJT .PFODI <0SJHBOVN NBKPSBOB>
GSPN SPTFNBSZ MFBWFT ,JOFUJD BTQFDUT + &TT 0JM
&HZQUJBO+)PSUJDVMU
o 3FT
o
3FHMPT
3"
$$EF(V[NBO
.PSQIPQIZTJP 3IPEFT
".
4($BSNFS
+8$PVSUFS
.FBTV
MPHJDBM NPEJGJDBUJPOT JO QBUDIPVMJ
1PHPTUFNPO SFNFOUBOEDMBTTJGJDBUJPOPGHFOFUJDWBSJBCJMJUZJO
DBCMJO #MBODP
#FOUI
VOEFS WBSZJOH TIBEF BOE IPSTFSBEJTI + "NFS 4PD IPSUJDVMU 4DJ
o
OJUSPHFO MFWFMT 1IJMJQQJOF "HSJDVMUVSJTU
o
3IZV
):
(BTDISPNBUPHSBQIJDDIBSBDUFSJ[BUJ
3FHSPWF
)4
4QJDFTBOEDPOEJNFOUT*TBBD1JU POPGTBHFTPGWBSJPVTHFPHSBQIJDPSJHJOT+'PPE
NBO4POT-POEPO
QQ 4DJ
o
3FIN
4
(&TQJH
%JF,VMUVSQGMBO[FOEFS5SP 3JB[
.
$."TISBG
'.$IBVEIBSZ
4UVEJFTPG
QFOVOE4VCUSPQFO7FSMBH&6MNFS4UVUUHBSU)P UIF1BLJTUJBO-BVSVTOPCJMJT-JOEJGGFSFOUTFBTPO
IFOIFJN
&EO
QQ 1BLJTUBO+4DJ3FT
o
3FJOFS
)
%JF1JTUB[JF 1JTUBDJBWFSB-
o&JOF 3JDIBSE
)
7PMBUJMFDPOTUJUVFOUTPGDBSEBNPN
CFSTJDIU [VS 8BSFOLVOEF &SOISVOH/VUSJUJPO DVMUJWBUFEJO$PTUB3JDB'MBWPVS'SBHSBODF+
o o
3FO[JOJ
(
'4DB[[PDDIJOP
.-V
(.B[[BOUJ
(4BM 3JDIUFS
5I
.FMJTTBPGGJDJOBMJT&JO-FJUNPUJWGS
WBUPSF
"OUJCBDUFSJBMBOEDZUPUPYJDBDUJWJUZ +BISF1IBSNB[JFHFTDIJDIUF%UTDI"QPUIF
PG )ZTTPQVT PGGJDJOBMJT - PJMT + &TT 0JM 3FT
LFS;UH
o
o
o 3JDIUFS
5I
#SMBVDIJO.FEJ[JOVOE.ZUIPMP
3FTDIF
"
$BQJMMBSHBTDISPNBUPDISBQIJF#F HJF1IBSNB[;UH
o
TUJNNVOH EFS 3PTNBSJOTVSF JO #MBUUHFXS[FO 3JDIUFS
8
(8JMMVIO
;VS,FOOUOJTEFS*OIBMUT
;-FCFOTNJUUFM6OUFSTV'PSTDI
o TUPGGFWPO4BNCVDVTOJHSB-UIFSJTDIFTM
"MLB
3FUBNBS
+"
7BSJBDJPOFTGJUPRVJNJDBTEFMBFT OFVOE'FUUTVSFOEFS#MUFO%UTDI"QPUIFLFS
QFDJF-JQQFBBMCB TBMWJBNPSBEP
ZTVTBQMJDBDJP ;UH
o
OFTFOMBRVJNJDBGJOB&TTFO[FEFSJW"HSVN
3JNQMFS
)
3 )VTFM
- ,PDIFOESGFS
9BO
o UIPSSIJ[PM
FJO OFVFT 4FTRVJUFSQFO BVT $VSDVNB
YBOUIPSSIJ[B;/BUVSGPSTDI#
o
3FGFSFODFT
3JOHVFMFU
+"
&- $FSJNFMF
$1 )FOOJOH
.4 3
%BSJWB
+7 0MJWFJSB
5IF FGGFDUT PG UFNQF
.*6SSVUJB
1SPQBHBUJPONFUIPETBOEMFBG SBUVSFBOEQSFTTVSFPOUIFDIBSBDUFSJTUJDTPGUIF
ZJFMEJOHQFQQFSNJOU .FOUIBYQJQFSJUB-
)FSCT
FYUSBDUTGSPNIJHIQSFTTVSF$0FYUSBDUJPOPG.B
4QJDFT.FE1MBOUT
/P
o KPSBOBIPSUFOTJT.PFODI+"HSJD'PPE$IFN
3JTDI
#
,)FSSNBOO
)ZESPYZ[JNUTVSF7FS o
CJOEVOHFO JO $JUSVT'SDIUFO ; -FCFOTNJUUFM 3PESJHVFT
7.
157 3PTB
.0. .BSRVFT
"+
6OUFSTV'PSTDI
o 1FUFOBUF
."" .FJSFMFT
4VQFSDSJUJDBM PG
3JTTBOFO
,4
" "GMBUVOJ
1 5PNQFSJ
+& +BMPOFO
FTTFOUJBMPJMGSPNBOJTFFE 1JNQJOFMMBBOJTVN-
,.-BJOF
)FSCBHFBOEFTTFOUJBMPJMZJFME VTJOH $0 4PMVCJMJUZ
LJOFUJDT
BOE DPNQPTJUJPO
BOE DPNQPTJUJPO PG .FOUIB QJQFSJUB - JO EJGGF EBUB+"HSJD'PPE$IFN
o
SFOU QMBOU EFOTJUJFT JO OPSUIFSO -BUJUVEFT + &TT 3PFSTDI
$
1MBOUBT NFEJDJOBMFT FO FM TVS "O
0JM3FT
o EJOPEFM1FSV,PFMU[4DJ#PPLT,OJHTUFJO
7PM
3JUJLB (VQUB
(3 .BMMBWBSBQV
4 #BOFSKFF
4VTIJM QQ
,VNBS
$IBSBDUFSJTUJDT PG BO JTPNFUIPOF 3PJZ.FTB
+5
1MBOUFTNFEJDJOBMFT
BSPNUJDFT
SJDITPNBDMPOBMNVUBOUJTPMBUFEJOBHFSBOJPMSJDI PWFOFOPTBTEF$VCB-BIBCBOB
SPTFTDFOUFEHFSBOJVNBDDFTTJPOPG1FMBSHPOJVN 3PIMPGG
+
.POPUFSQFOF DPNQPTJUJPO PG FT
HSBWFPMFOT'MBWPVS'SBHSBODF+
o TFOUJBM PJM GSPN QFQQFSNJOU .FOUIB Y QJQFSJUB
3JWBMT
1").BOTPVS
4VSMFTDBSEBNPNFTEF -
XJUISFHBSEUPMFBGQPTJUJPOVTJOHTPMJEQIBTF
.BMBCBS &MFUUBSJBDBSEBNPNVN.BUO
+"HSJD NJDSPFYUSBDUJPO BOE HBT DISPNBUPHSBQIZNBTT
5SPQ#PU"QQM
o TQFDUSPNFUSZ BOBMZTJT + "HSJD 'PPE $IFN
3JWBOESBO
1/
#MBDLQFQQFS)BSWBSE"DBEF o
NJD1VCMJTIJOH,FSBMB
*OEJB
QQ 3PIMPGG
+
&TTFOUJBMPJMDPNQPTJUJPOPG4BDIB
3JWFSB
%
$*OPDFODJP
$0CO
'"MDBSB[
3F MJO NJOU GSPN /PSXBZ EFUFDUFE CZ TPMJEQIBTF
WJFX PG GPPE BOE NFEJDJOBM VTFT PG $BQQBSJT -
NJDSPFYUSBDUJPO BOE HBT DISPNBUPHSBQIZNBTT
TVCHFOVT $BQQBSJT $BQQBSJEBDFBF
&DPO #PU TQFDUSPNFUSZ BOBMZTJT + "HSJD 'PPE $IFN
o o
3PCBSET
,
9JB-J
."OUPMPWJDI
4U#PZE
$IB 3PIOFS3FJOIBSE
)
%VGUFOEFT .PSHFOSPU
SBDUFSJTBUJPOPG$JUSVTCZDISPNBUPHSBQIJDBOBMZ JN (BSUFO 7PN NZUIJTDIFO 3PTFOLFJN [V NP
TJTPGGMBWPOPJET+4DJ'PPE"HSJD
o EFSOFO (BSUFOSPTFO %UTDI "QPUIFLFS;UH
3PCCJOT
43+
4FMFDUFENBSLFUTGPSUIFFTTFO o
UJBMPJMTPGQBUDIPVMJBOEWFUJWFS3FQPSU5SPQ1SP 3PKBIO
8
'+ )BNNFSTDINJEU
& ;JFHMFS
'8 )F
EVDUT*OTU
/P(
QQ GFOEFIM
CFSEBT7PSLPNNFOWPO7JSJEJGMP
3PCCJOT
43+
1 (SFFOIBMHI 5IF NBSLFUT GPS SPM JN 1GFGGFSNJO[M .FOUIB QJQFSJUB -
ESBHP
TFMFDUFE IFSCBDFPVT FTTFOUJBM PJMT 5SPQ 4DJ
DPSFQ
o
o 3PNFP
(
1(JBOOFUUP
.$"WFSTB
"OFX
3PCFSUT
%
"1MPUUP
"VOJRVF.FOUIBBRVBUJ TFDPQFOUBDZDMJDUSJUFSQFOPJEGSPNUIFHFOVT$B
DBNJOUGPSGMBWPS1FSGVNFS'MBWPSJTU
/P
MBNJOUIBOFQFUB1IZUPDIFNJTUSZ
o
o 3POH5TBP
2JOH:V
+1PUUFS
.$IJCB
%JSFDU
3PCFSUT
.
-JUUMFCPPLPGNJOU4PVUIFSO#PPL BOE TJNVMUBOFPVT BOBMZTJT PG TJOJHSJO BOE BMMZM
QVCMJTIFST 1UZ
-UE )BMGXBZ )PVTF
4 "GSJDB
*TPUIJPDZBOBUF JO NVTUBSE TBNQMFT CZ IJHIQFS
QQ GPSNBODF MJRVJE DISPNBUPHSBQIZ + "HSJD 'PPE
3PCFSUZ
(
/PUFTEFCPUBOJRVF2VFTU"GSJDBJ $IFN
o
OF7*1MBOUFTCBOBMFTEBOTMF4BIFMEJF/JPS#VMM 3PPTNBMFO
.(8WBO
'SVJUTPGUIF(VJBOBO
*OTU'SBOD"GSOPJSF"
o GMPSB *OTUJUVUF PG 4ZTUFNBUJD #PU
6USFDIU 6OJW
3PESJHP
.
.+-B[BSP
""MMWBSSVJ[
7(JOBS
/FUIFSMBOET
QQ
$PNQPTJUJPO PG DBQFST $BQQBSJT TQJOPTB
*OGMV 3PTB
+
( ,SVHUZ
&TTBJ EVUJMJ[BUJPO EF GSVJUT
FODFPGDVMUJWBS
TJ[FBOEIBSWFTUEBUF+'PPE4DJ E"SPOJBEBOTMBQSPEVDUJPOEFWJOFSPVHFEFGSVJU
o 1S[FNZTM GFSNFOUBDZKOZ J PXPDPXP 'FSNBOUBUJ
3PESJHVFT
.3"
&# $BSBNBP
+( EPT 4BOUPT
$ POBOE'SVJU*OEVTUSZ
8BSTDIBV
/S
o
3FGFSFODFT
EVOHEFS'SDIUFWPO*MMJDJVNWFSVN)PPLGVOE OBUJPOPGFTTFOUJBMPJMPGDPOUFOUBOEDPNQPTJUJPO
*MMJDJVNBOJTBUVN-5FJM1IZUPDIFNJTDIF6OUFS JODBSBXBZ $BSVNDBSWJ-
$[FDI+'PPE4DJ
TDIFJEVOHTNFSLNBMF%UTDI"QPUIFLFS;UH
o
o FEP
"
+,SFKB
,PSFOJOZ (FXS[F
1SSPEB
4DIVMU[F.PUFM
+ FE
3VEPMG .BOTGFMET7FS #SBUJTMBWB
QQ JO$[FDI
4IBI
/$
"1,BIPM
54FO
($6OJZBM
(BT QBUIJ
7, 3BJOB
&TTFOUJBM PJM DPNQPTJUJPO
DISPNBUPHSBQIJDFYBNJOBUJPOPGPJMPG)ZTTPQVT PG"DIJMMBFNJMMFGPMJVN-HSPXJOHXJMEJO,BTINJS
PGGJDJOBMJT1BSGNFSJFV,PTNFUJL
o *OEJB'MBWPVS'SBHSBODF+
o
4IBCBO
."&
,.,BOEFFM
(":BPVU
4&.FIB 4IFFO
-:
:)5 0V
4+ 5TBJ
'MBWPS DIBSBD
TBC
5IF DIFNJDBM DPNQPTJUJPO PG WPMBUJMF UFSJTUJD DPNQPVOET GPVOE JO UIF FTTFOUJBM PJM PG
PJMPG&MFUUBSJBDBSEBNPNVNTFFET1IBSNB[JF
0DJNVN CBTJMJDVN - XJUI TFOTPSZ FWBMVBUJPO
o BOE TUBUJTUJDBM BOBMZTJT + "HSJD 'PPE $IFN
4IBIJ
31
#(4IBIJ
)4:BEBWB
4UBCJMJUZBOB o
MZTJT GPS RVBMJUZ DIBSBDUFST JO UVSNFSJD $VSDVNB 4IFO
9:
"*TPHBJ
,'VSJIBUB
)%4VO
"4V[VLJ
MPOHB-
$SPQ3FT
o 5XPOFPDMFSPEBOFEJUFSQFOPJETGSPN"KV
4IBMJOJ)PPEB
4VEFTI+PPE
&GGFDUPGTPBLJOH HBNBDSPTQFSNB1IZUPDIFNJTUSZ
o
BOE HFSNJOBUJPO PO OVUSJFOU BOE BOUJOVUSJFOU 4IFQQBSE
&1
&.#PZE
-FNPOPJMBTBOFY
DPOUFOUT PG GFOVHSFFL 5SJHPOFMMB GPFOVN HSBF QFDUPSBOU JOIBMBOU 1IBSNBDPM 3FT $PNNVO
DVN-+'PPE#JPDIFN
o o
4IBOLBSBDIBSZB
/#
5BNBSJOE o DIFNJTU 4IFUUZ
34
34 4JOHIBM
13 ,VMLBSOJ
"OUJNJ
SZ
UFDIOPMPHJDBM BOE VTFT " DSJUJDBM BQQSBJTBM + DSPCJBMQSPQFSUJFTPGDVNJO8PSME+.JDSPCJPM
'PPE4DJ5FDIOPM*OEJB
o #JPUFDIOPM
o
4IBOLBSBDIBSZB
/#
$1/BUBSBKBO
$PSJBOEFS 4IJ
+
(.B[[B
.MF.BHVFS
'VODUJPOBMGPPET
DIFNJTUSZ
UFDIOPMPHZBOEVTFT*OEJBO4QJDFT
CJPDIFNJDBM BOE QSPDFTTJOH BTQFDUT7PM ** $3$
/S
o 1SFTT6,-POEPO
QQ
4IBOLBSBDIBSZB
/#
$1/BUBSBKBO
5VSNFSJD
4IJNPEB
.
:JO 8V
4 /POBLB
: 0TBKJNB
DIFNJTUSZ
UFDIOPMPHZBOEVTFT*OEJBO4QJDFT
$MVTUFS BOBMZTJT PG ($ EBUB PO PYZHFOBUFE UFS
/P
Q/P
Q QFOFT PG ZPVOH MFBG BOE HSFFO GSVJU TBNQMFT PG
4IBOLBSBDIBSZB
/#
-+3P
+1/BJL
4/BHBMBLTINJ
+BQBOFTFQFQQFS 9BOUIPYZVNQJQFSJUVN%$
+
$IBSBDUFSJTBUJPO PG DIFNJDBM DPOTUJUVFOUT "HSJD'PPE$IFN
o
PG*OEJBOMPOHQFQQFS 1JQFSMPOHVN-
+'PPE 4IJO
+)
)-$IVOH
+,4FP
+)4JN
$4)VI
4,
4DJ5FDIOPM .ZPTPSF
o ,JN
:+#BFL
%FHSBEBUJPOLJOFUJDTPGDBQ
4IBOLBSBOBSBZBOB
,)
#4 ,BNBMB
'SBHSBOU TBOUIJOJOQBQSJLB $BQTJDVNBOOVVN-
BTBGGFD
QSPEVDUTGSPNMFTTPEPSPVTTBOEBMXPPEPJM1FS UFECZIFBUJOH+'PPE4DJ
o
GVNFS'MBWPSJTU
o 4IJO
+)
4PP+VOH -FF
/BL+V 4VOH
&GGFDUT
4IBOLBSBOBSBZBOB
.-
#3BHIBWBO
$1/BUBSBKBO
PG;JOHJCFSNJPHB
;JOHJCFSNJPHBSPPUBOE;JO
.VTUBSEWBSJFUJFT
DIFNJTUSZ BOE BOBMZTJT HJCFSPGGJDJOBMJTPOUIFMJQJEDPODFOUSBUJPOJOIZ
-FCFOTNJUUFM8JTTV5FDIOPM
o QFSMJQJEFNJDSBUT+,PSFBO4PD'PPE4DJ/VUSJU
4IBSBG
"
5IFQIBSNBDPMPHJDBMDIBSBDUFSJTUJDT
o
PG)JCJTDVTTBCEBSJGGB-1MBOUBNFE
o 4IJPCBSB
:
: "TBLBXB
. ,PEBNB
5 5BLFNPUP
4IBSNB
).
#.4IBSNB
"3%FWJ
$POUSJCV ;FEPBSPM
)ZESPYZHFSNBODSPOF BOE
UJPOTPGUIFGMPSBPG.BOJQVS+&DPO5BYPO#PU DVSDV[FPOF
UISFFTFTRVJUFSQFOPJEFTGSPN$VSDV
o NB[FEPBSJB1IZUPDIFNJTUSZ
o
4IBSNB
.-
.$ /JHBO
7- )BOEB
5IF FT 4IJWB
.1
"-FISJ
"4IJWB
"SPNBUJDNFEJ
TFOUJBMPJMPGIZTTPQ3JFDITUPGGF
"SPNFOV,S DJOBMQMBOUT*OUFSOBU#PPL%JTUSJCVUPST#PPL4FM
QFSQGMFHFNJUUFM
o MFS1VCMJTIFST%FISBEVO *OEJB
QQ
4IBSNB
3
.FEJDJOBMQMBOUTPG*OEJBo"OFODZ 4IPSU
14
"QJVN-TFDU"QJVN 6NCFMMJGFSBF
DMPQBFEJB%BZB1VCMJTIJOH)PVTF%FMIJ
QQ JO"VTUSBMBTJB"EFMBJEF#PU(BSEFO
o
4IBSQF
'3
%3+ -BXT
5IF FTTFOUJBM IPQ PJM 4IPUJQSVL
"
1#,BVGNBO
):8BOH
'FBTJCJ
oBSFWJFX+*OTU#SFXJOH
o MJUZTUVEZPGSFQFBUFEIBSWFTUJOHPGNFOUIPMGSPN
4IBSQOFM
4
5IFUFDIOPMPHJDBMEFWFMPQNFOUPG CJPMPHJDBMMZWJBCMF.FOUIBYQJQFSJUIBVTJOHVMUSB
UIFHSFFOHJOHFSJOEVTUSZJO"VTUSBMJB'PPE5FDI TPOJDFYUSBDUJPO#JPUFDIOPM1SPDFTT
o
OPM"VTUSBMJB
o 4IVIBNB
*,
.- "HVJBS
81 0MJWFJSB
- "1 'SFJ
4IBXM
"4
4, 4SJWBTUBWB
,7 4ZBNBTVOEBS
45SJ UBT
&YQFSJNFOUBM QSPEVDUJPO PG BOOBUUP
3FGFSFODFT
HFTPG5BHFUFTNJOVUB*OEJBO1FSGVNFS
/P
&UVEF EF GBDUFVST EF WBSJBUJPO EF MB DPNQPTJUJ
o PO EFMIVJMF FTTFOUJFMMF EF WUZWFS #PVSCPO QBS
4JOHI
7
#4JOHI
7,,BVM
%PNFTUJDBUJPOPG BOBMZTF GBDUPSJFMMF EJTDSJNJOBOUF "OBMVTJT
XJME NBSJHPME 5BHFUFT NJOVUB -
BT B QPUFOUJBM o
FDPOPNJD DSPQ JO XFTUFSO )JNBMBZB BOE /PSUI 4NBMM
& FE
$VMJOBSZ IFSCT /3$ 3FTFBSDI
*OEJBOQMBJOT&DPO#PU
o 1SFTT0UUBXB
QQ
4JOH4BOHXBO
/
344JOHXBO
3-VUISB
345IBLVS
4NJUI
+3
4BGGMPXFS"NFS0SHBO$IFN4PD
(FSBOJBMEFIZESPHFOFTF"EFUFSNJOBOUPG 1SFTT$IBNQBJHO
*MM
QQ
FTTFOUJBMPJMPGRVBMJUZJOMFNPOHSBTT1MBOUBNFE 4NJUI
1(
$#)FJTFS
5BYPOPNZPG$BQTJDVN
o TJOFOTF+BDRBOEUIFHFPHSBQIJDEJTUSJCVUJPOPG
4JOIB
(,
#$ (VMBUJ
4UVEZ PG FTTFOUJBM PJM UIFDVMUJWBUFE$BQTJDVNTQFDJFT#VMM5PSSFZ#PU
GSPN 0DJNVN BNFSJDBOVN -JOO 1IJMJQQ + 4DJ $MVC
o
4NJUI
3.
5IFFTTFOUJBMPJMPGUIFNFEJDJOBM
4JSJSVHTB
1
"SFWJTJPOPGUIFHFOVT#PFTFOCFS QMBOU$PMFVTBNCPJOJDVTGSPN'JKJ'JKJ"HSJDVMU+
HJB,VOU[F ;JOHJCFSBDFBF
JO5IBJMBOE/BU)JTUP
SZ#VMM4JBN4PD
o 4NJUI
3 ;JOHJCFSBDFBF 4JOPQUJD LFZT UP UIF
4LBMUTB
)
(4IBNNBT
'MBWPOPJETGSPN-JQ USJCFT ;JOHJCFSFBF
(MPCCFBF
)FEZDIJFBF
"MQJ
QFBDJUSJPEPSB1MBOUBNFE
OFBF 3PZBM #PUBOJDBM (BSEFO
&EJOCVSHI 6,
4LBMUTB%JBNBOUJEJT
)
0 5[BLPV
" -PVLJT
/ "S QQ
HZSJBEPV
"OBMZTF EF MIVJMF FTTFOUJFMMF 4PFOBSLP
4
5IF HFOVT $ZNCPQPHPO 4QSFO
E0DJNVN TBODUVN - /PVWFBVY STVMUBUT 1MBO HFM (SBNJOFBF
3FJOXBSEUJB
o
UFTNEFU1IZUPUIS
/P
o 4PFQBEZP
3
)55BO 1BUDIPVMJ
B QSPGJUBCMF
4LBQTLB
4
& ,PTUS[FXB
+ +FOES[FKD[BL
,
#BM
, DBUDIDSPQ8PSME$SPQT
o
,BSPXTLJ
. 'PO#FSH#SPD[FL
4 1PSPXTLJ
" 4PGPXPSB
&"
"TUVEZPGWBSJBUJPOTJOFTTFOUJ
.PSBXTLJ
&GGFDU PG VMUSB IJHI QSFTTVSF BMPJMTPGDVMUJWBUFE0DJNVNHSBUJTTJNVN1MBOUB
6)1
BOE UFNQFSBUVSF PO UIF WPMBUJMFT BOE QJ NFE
o
QFSJOFDPOUFOUPGCMBDLQFQQFS 1JQFSOJHSVN-
4PIPVOIMPVF
,%
+ %BOHPV
- %KPTTPV
" "LP
)FSCBQPMPO
o FHOJOPV
3"EKPCP
%9(BSOFBV
)(BHOPO
'*
4LPQQ
(
(4DIXFOLFS
#JGMBWPOPJEFBVT4DIJ +FBO
$IFNJDBMDPNQPTJUJPOPGUIFMFBGBOE
OVT UFSFCJOUIJGPMJVT 3BEEJ ; /BUVSGPSTDI #
GMPXFSPJMTPG"FPMMBOUIVTQVCFTDFOT#FOUIGSPN
o #FOJO+&TT0JM3FT
o
4LPQQ
(
)+0QGFSLVDI
(4DIXFOLFS
O"M 4PMJNBO
..
4,JOPTIJUB
5:BNBOJTIJ
"SP
LZMQIFOPMFBVT4DIJOVTUFSFCJOUIJGPMJVT3BEEJ; NB PG SPBTUFE TFTBNF TFFET "HSJD #PU $IFN
/BUVSGPSTDI$
o 5PLZP
o
4MBOJOB
&
&5BCPSTLB
- -PKLPWB
-JHOBOT JO 4PMJNBO
'.
&"&M,BTIPVSZ
..'BUIZ
.)(P
UIFTFFETBOEGSVJUTPG4DIJTBOESBDIJOFOTJTDVM OBJE
"OBMZTJTBOECJPMPHJDBMBDUJWJUZPGFT
UVSFEJO&VSPQF1MBOUBNFE
o TFOUJBMPJMPG3PTNBSJOVTPGGJDJOBMJT-GSPN&HZQU
4MBWLPWTLB
7
3+BODJD
4.JMPTBMFKFWJD
%%KPLPWJD
'MBWPVS'SBHSBODF+
o
7BSJBCJMJUZ PG UIF FTTFOUJBM PJM DPNQPTJUJPO 4PNBMJ
."
." #BKOFJE
44 "U'IBJNBOJ
PGUIFTQFDJFT4BUVSFKBNPOUBOB- -BNJBDFBF
+ $IFNJDBM DPNQPTJUJPO BOE DIBSBDUFSJ[BUJPO PG
&TT0JM3FT
o .PSJOHB QFSFHSJOB TFFET BOE TFFET PJM + "NFS
4MBWLPWTLB
7
3+BODJD
4#PKPWJD
4.JMPTBWMKFWJD
% 0JM$IFN4PD
o
%KPLPWJW
7BSJBCJMJUZPGFTTFOUJBMPJMPG4BUV 4PNPT
"
" 1BQSJLB "LBENJBJ ,JBE #VEB
SFKBNPOUBOB-BOE4BUVSFKBLJUBJCFMJJ8JFS[CFY QFTU
QQ
)FVGGGSPNUIFDFOUSBMQBSUPGUIF#BMLBOQFOJO 4PNPT
"
",VOEU FET
5IFQBQSJLB,VMUVSB
TVMB1IZUPDIFNJTUSZ
o )VOHBSJBO'PSFJHO5SBEF$P
BOE"LBENJBJ,JB
4NBEKB
+
3FWJFXPODIFNJDBMDPNQPTJUJPOPG E#VEBQFTU
QQ
WFUJWFSPJM+/BUVSF
/P
o 4POH
+:
() "O
$+ ,JN
$PMPS
UFYUVSF
4NBEKB
+
&.(BZEPV
(-BNBUZ
+:$POBO
OVUSJFOUDPOUFOUT
BOETFOTPSZWBMVFPGWFHFUBC
3FGFSFODFT
MFTPZCFBOT (MZDJOFNBY<->.FSSJMM
BTBGGFDUFE TUJUVFOUT PG UIF FTTFOUJBM PJM GSPN BOOBUUP #JYB
CMBODIJOH'PPE$IFN
o PSFMMBOB
TFFET*OEJBO1FSGVNFS
o
4PQIFS
%&
*OEJHFOPVTVTFTPGUVSNFSJD $VS 4SJOJWBTVMV
$
4/ .BIBQBUSB
" QSPDFTT GPS
DVNBEPNFTUJDB
JO"TJBBOE0DFBOJB"OUISPQPT UIFJTPMBUJPOPGCJYJO3FT*OE
/P
o
o 4SJWBTUBWB
"
:/ 4IVLMB
41 +BJO
4VTIJM ,VNBS
4SFOTFO
+.
45,BUTJPUJT
1BSBNFUFSTJOGMV $IFNJTUSZ
QIBSNBDPMPHZBOEVTFTPG#JYB
FODJOHUIFZJFMEBOEDPNQPTJUJPOPGUIFFTTFOUJBM PSFMMBOBoBSFWJFX+.FE"SPNBUJD1MBOU4DJ
PJM GSPN $SFUBO 7JUFY BHOVTDBTUVT GSVJUT 1MBOUB
o
NFE
o 4SJWBTUBWB
/,
(, 4BUQVUF
.POPUFSQFOF
4PVMF
.+
"CJCMJPHSBQIZPGUIFNBOHP .BO FTTFOUJBMPJMRVBOUJUBUJWFBOERVBMJUBUJWFDPNQP
HJGFSB JOEJDB -
6OJW .JBNJ 1SFTT
$PSBM (BCMFT OFOUUSBJUBTTPDJBUJPOJOQBMNBSPTB $ZNCPQPHPO
'MPSJEB
QQ NBSUJOJJ8BUT
+(FOFUJDT#SFFEJOH
o
4PVMMT
$
/"SHZSJBEPV
5IFWPMBUJMFDPOTUJ 4SJWBTUBWB
/,
3,VNFS
%%JYJU
*OUFSTQFDJGJD
UVFOUTPG$BMBNJOUIBHSBOEJGMPSB1MBOUBNFE
WBSJBUJPO JO SPPU HSPXO JO $ZNCPQPHPO JO SPPU
CPYFT+)FSCT
4QJDFT.FE1MBOUT
o
4PVMMT
$
( 4IBNNBT 4VS MFT DPOTUJUVBOUT EFT 4UBDF
$
/FXGMPSBPG#SJUJTI*TMFT$BNCSJEHF
GFVJMMFT FU EFT GMFVST EF $BMBNJOUIB OFQFUB -
6OJW1SFTT$BNCSJEHF
QQ
4BWJ1MBOUFTNEFU1IZUPUISBQ
o 4UBDIVSTLJ
-
& #FEOBSFL
+ $[ %PCSPXPMTLJ
)
4PVMMT
$
/ "SHZSJBEPV
4 1IJMJBOPT
$PO 4US[FMFDLB
"1.B[VSFL
5PSNFOUPTJEFBOE
TUJUVFOUTPGFTTFOUJBMPJMPG$BMBNJOUIBOFQFUB+ UXPPGJUTJTPNFSTPCUBJOFEGSPNUIFSIJ[PNFT1P
/BU1SPEVDUT
o UFOUJMMBFSFDUB1MBOUBNFE
o
4PVMMT
$
$ )BSWBMB
+ $IJOPV
'MBWPOPJET 4UBFTDIF
,
7FSHMFJDIFOEF BOBUPNJTDIF 6O
GSPN$BMBNJOUIBHSBOEJGMPSB*OUFSOBU+1IBSNB UFSTVDIVOHFO BO %SPHFO 3IJ[PNB5PSNFOUJMMBF
DPHO
o VOE3IJ[PNFWFSXBOEUFS3PTBDFBF%UTDI"QP
4PVSFU
''
1+8FBUIFST
5IFHSPXUIPGTBGGSPO UIFLFS;UH
$SPDVTTBUJWVT-
JOBFSPQPOJDTBOEIZESPQPOJDT 4UBFTDIF
,
(FXS[F*O-"DLFS
,(#FSHFS
+)FSCT
4QJDFT.FE1MBOUT
o 8%JFNBJS
8)FJNBOO
',JFSNFJFS
+4DIPSNM
4QBQJSP
3
+'SBODFT
$BTDBSJMMBCBSLFTTFOUJBM MFS
484PVDJ FET
)BOECVDIEFS-FCFOTNJUUFM
PJMPG&M4BMWBEPSOFXTPVSDFBOETUBOEBSET1FS DIFNJF 4QSJOHFS7FSMBH #FSMJO )FJEFMCFSH /FX
GVNFS'MBWPSJTU
o :PSL
#E 7* "MLBMPJEIBMUJHF (FOVTTNJUUFM
(F
4QFODFS
,$
%4 4FJHMFS
%FJEBDMJO GSPN5VS XS[F
,PDITBM[
QQo
OFSVMNJGPMJB1IZUPDIFNJTUSZ
o 4UBFTDIF
,
4VNBDI
FJO USLJTDIFT (FXS[
4QJOB
1
*M QJTUBDDIJP *UBMJB "HSJDPMB
o %UTDI-FCFOTNJUUFM3ETDI
o
4UBIM
&
3PTB 1GFGGFS
FJO HFGISMJDIFT
FYPUJ
4QJOFMMJ
1
*Mv#FSHBNPUUP EJ 3FHHJP $BMBCSJBi TDIFT (FXS[ %UTDI "QPUIFLFS;UH
o
$JUSVT CFSHBNJB 3JTTP
3JW "HSJD 4VCUSPQ
5SPQ
o 4UBIM
&
##PISNBOO
1IUIBMJEFBMT)BVQUCF
4SJOJWBTBO
14
4 .PIBOEBTT
4 4BNCBOEBNVSUIZ
TUBOEUFJMF EFT UIFSJTDIFO MT EFS 'SDIUF WPO
74BNQBUI
"TUVEZPOUIFHSPXUIBOEEF .FVNBUIBNBOUJDVN +BDR /BUVSXJTTFOTDIBGUFO
WFMPQNFOU PG NJOU .FOUIB QJQFSJUB WBS DJUSBUB
&ISI6OEFS,PEBJLBOBMDPOEJUJPOT*OEJBO1FSGV 4UBIM
&
4/ %BUUB
/FX TFTRVJUFSQFOPJET PG
NFS
/P
o UIFHSPVOEJWZ (MFDIPNBIFEFSBDFBF
+-JFCJHT
4SJOJWBTBO
77
73 4JWBSBNBLSJTIOBO
$3 3BOHBT "OO$IFN
o
XBNZ
)4 "OBOUIBQBENBOBCIB
,) 4IBO 4UBIM
&
% (FSBSE
&OUHJGUVOH WPO "CTJOUI
LBSBOBSBZBOB
4BOEBM 4BOUBMVNBMCVN-
LSBVU EVSDI $)PDIESVDLFYUSBLUJPO 1MBOUB
*OEJBO $PVODJM 'PSFTUSZ 3FT &EVDBUJPO %FISB NFE
%VO
*OEJBQQ 4UBIM
&
) +PSL
$IFNJTDIF 3BTTFO CFJ "S[
4SJOJWBTVMV
$
4/.BIBQBUSB
$IFNJDBMDPO OFJQGMBO[FO.JUU6OUFSTVDIVOHEFS,VMUVSWB
3FGFSFODFT
"UBM
0DJNJO
B OPWFM OFPMJHOBO GSPN 0DJ 5JUUFM
(
)8BHOFS
3#PT
CFSEJFDIFNJTDIF
NVNBNFSJDBOVN1IZUPDIFNJTUSZ
;VTBNNFOTFU[VOH WPO .FMJTTFOMFO 1MBOUB
5IBQQB
3,
4("HBSXBM
/,,BMJB
3,BQPPS
NFE
o
$IBOHFTJODIFNJDBMDPNQPTJUJPOPG5BHFUFTNJ 5JU[
8
&5JU[
"OBMZTFEFS'PSNFONBOOJHGBM
OVUBPJMBUWBSJPVTTUBHFGMPXFSJOHBOEGSVJUJOH+ UJHLFJUEFS7BMFSJBOBPGGJDJOBMJT(SVQQFJN[FOUSB
&TT0JM3FT
o MFOVOETEMJDIFO&VSPQB#FSEUTDI#PU(FT
5IBSBOBUIBO
3/
:7"OKBOFZBMV
4USVDUVSFPG o
UIFBDJETUBCMFDPSFQPMZTBDDIBSJEFEFSJWFEGSPN 5PLJUPNP
:
",PCBTIJ
*TPMBUJPOPGUIFWPMBUJMF
UIFTFFENVDJMBHFPG0DJNVNCBTJMJDVN"VTUSBM DPNQPOFOUTPGGSFTIPOJPOCZUIFSNBMEFTPSQUJ
+$IFN
o PODPMEUSBQDBQJMMBSZHBTDISPNBUPHSBQIZ#JPT
5IFJMBEF
*
3FWJTJPO PG UIF HFOVT ;JOHJCFSB DJ
#JPUFDIOPM
#JPDIFN
o
DFBFJO1FOJOTVMBS.BMBZTJB(BSEFOT#VMM4JOHB 5PNT-PSFOUF
'
. (BSDB(SBV
5IF XBTUFT
QPSF
o PG UIF JOEVTUSJBM USFBUNFOU PG 4BMWJB MBWBOEVMBF
5IJFNF
)
*TPMJFSVOH FJOFT OFVFO QIFOPMJ GPMJBBTBTPVSDFPGCJPMPHJDBMMZBDUJWFGMBWPOPJET
TDIFO (MZLPTJET BVT EFO #MUFO WPO 'JMJQFOEVMB 'JUPUFSBQJB
o
VMNBSJB -
.BYJN1IBSNB[JF
5PNMJOTPO
1#
4UVEJFTJOUIFTZTUFNBUJDBOB
5IJFNF
)
5IJFNF
)
/HVZFO5IJ5BN
CFS UPNZPGUIF;JOHJCFSBDFBF+-JOO4PD
#PU -PO
FJOF .FUIPEF [VS TQFLUSPQIPUPNFUSJTDIFO #F EPO
o
TUJNNVOHWPO .FUIZMDIBWJDPM JO &TUSBHPOMFO 5PNNBTJ
/ EF
' EF 4JNPOF
4 1JBDFOUB
$ 1J[[B
1IBSNB[JF
o /.BINPPE
%JQFSUFOFTGSPN.PSNPSEJB
5IJFNF
)
/HVZFO5IJ5BN
6OUFSTVDIVOHFO CBMTBNJDB/BU1SPE-FUUFS
o
CFS EJF "LLVNVMBUJPO VOE EJF ;VTBNNFOTFU 5PQG
)
%FS-XFO[BIO 5BSBYBDVNPGGJDJOBMF
[VOHEFSUIFSJTDIFOMFWPO4BUVSFKBIPSUFOTJT ";JFNTFO7FSMBH-VUIFSTUBEU8JUUFOCFSH
QQ
-
4BUVSFKBNPOUBOB-VOE"SUFNJTJBESBHVODV 5PQQP[BEB
)
)".B[MPVN
.&M%BLIBLIOZ
MVT - JN7FSMBVG EFS 0OUPHFOFTF .JUU -JUFSB 5IFBOUJCBDUFSJBMQSPQFSUJFTPGUIF/JHFMMBTBUJWB
UVSCFSTJDIU
EOOTDIJDIUVOEHBTDISPNBUPHSBJ - TFFET "DUJWF QSJODJQMF XJUI DMJOJDBM BQQMJDBUJ
TDIF6OUFSTVDIVOHFO1IBSNB[JF
POT+&HZQU.FE"TTPD
o
.JUU7FSOEFSVOHFOEFTMHFIBMUFTVOEEFSM 5PSSF
.$EFMB
.#SVOP
#3PESHVF[
(4BWPOB
[VTBNNFOTFU[VOH1IBSNB[JF
o "CJFUBOFBOEOPSBCJFUBOFEJUFSQFOPJET
5IPEF4POOUBH
*
+ 5IPEF4POOUBH
&OUEF GSPNUIFSPPUPG.FSJBOESBCFOHIBMJFOTJT1IZUP
DLFO4JF*OHXFS4FMGQVC)BNCVSH
QQ DIFNJTUSZ
o
5IPNBT
$"
-BLPPDIB "SUPDBSQVT MBLPPDIB 5PSSFT
3$
$JUSBM GSPN $ZNCPQPHPO DJUSBUVT
-
DVMUJWBUJPO DBO HJWF SJDI EJWJEFOET *OEJBOT %$
4UBQG MFNPOHSBTT
PJM1IJMJQQJOF+4DJ
)PSUJD
o o
5IPNQTPO
1)
5IFDBSJTTBJO$BMJGPSOJB$BMJ 5PSSFT
3$
33&TUSBMMB
#2(VFWBSSB
&YUSBD
GPSOJB3BSF'SVJU(SPXO:FBSCPPL
o UJPO BOE DIBSBDUFSJ[BUJPO PG UIF FTTFOUJBM PJM PG
5JECVSZ
(
5IFDMPWFUSFF$SPTCZ-PDLXPPE 1IJMJQQJOF$ZNCPQPHPODJUSBUVT %$
4UBQG1IJ
-POEPO
QQ MJQQJOF+4DJ
o
5JHHB
.
174SFFLVNBS
8JMEFEJCMFGSVJUTPG 5UI
-
B6OUFSTVDIVOHFOCFSEBTUIFSJTDIF
"OEBNBOBOE/JDPCBS*TMBOET#VMM*OTU#PU4VS M WPO 'PFOJDVMVN WVMHBSF .JUU %JF ;VTBN
WFZPG*OEJB
o NFOTFU[VOH EFT 'SVDIU VOE 8VS[FMMFT 1MBOUB
5JOEBMM
)%
7FHFUBCMFTJOUIF5SPQJDT.BD.JM NFE
o
MBO1SFTT-POEPO
QQ 5UI
-
C6OUFSTVDIVOHFOCFSEBTUIFSJTDIF
5JOHOPOH
)P
-JV4IBOHXV
"XPSMEXJEFNP M WPO 'PFOJDVMVN WVMHBSF .JUU7FSOEFSVO
OPHSBQIZPG(FOUJBOB4DJFODF1SFTT#FJKJOH $IJ HFOEFSWFSTDIJFEFOFO'FODIFMMFWPSVOEOBDI
OB
/FX:PSL
QQ EFS&SOUF1MBOUBNFE
o
5JTTFSBOU
31$I
-"HSJDVMUVSFEBOTMFTTBWBOFT 5PVMFNPOEF
#
*/PMFBV
7PMBUJMFDPOTUJUVFOUT
EFM0VCBOHVJ#VMM*OTUE&UVEFT$FOUSBM"GSJDBJ PGMPWBHF'MBWPVST'SBHSBODF+
OFT
/4
o 5PVMFNPOEF
#
).+3JDINPOE
7PMBUJMFDPO
3FGFSFODFT
TUJUVFOUTPGESZFMEFS 4BNCVDVTOJHSB-
GMPXFST EBT4BQPOJOEFS#MUFOWPO7FSCBTDVNQIMPNPJ
+"HSJD'PPE$IFN
o EFT-$IFN#FS
o
5PVSZ
+
1-VOWFO
3(JPSHV
.+BDRVFTTPO
-F 5TDIJSDI
"
*OEJTDIF )FJM VOE /VU[QGMBO[FO
CBPCBC
BSCSFQSPWJEFOUBMEFM"GSJDBO"OO/VUS VOEEFSFO$VMUVS3(BFSUOFST7FSMBHTCVDIIBOEM
"MJNFOU
o #FSMJO
QQ
5PVX
.
3PTFTJO.JEEMF"HFT&DPO#PU
5TVEB
5
.8BUBOBCF
,0TIJNB
":BNBNPUP
4I
o ,BXBLJTIJ
5 0TBXB
"OUJPYJEBUJWF DPN
5SBN /HPD -Z
3 :BNBVDIJ
, ,BUP
7PMBUJMF QPOFOUT JTPMBUFE GSPN UIF TFFET PG UBNBSJOE
DPNQPOFOUTPGUIFFTTFOUJBMPJMJOHBMBOHB "MQJ 5BNBSJOEVTJOEJDVT-
+"HSJD'PPE$IFN
OJB PGGJDJOBSVN )BODF
GSPN7JFUOBN 'PPE 4DJ o
5FDIOPM3FT
o 5VBO
%2
4(*MBOHBOUJMFLF
-JRVJE$0FYUSBL
5SBYM
7
.BUBLBEFSBWB .FOUIBDSJTQB
/BTF UJPOPGFTTFOUJBMPJMGSPNTUBSBOJTFGSVJUT *MMJDJVN
-JFDJWF3BTUMJOZ
/P
o JO$[FDI
WFSVN-
+'PPE&OHOH
o
5SFOLMF
,
3FDFOU TUVEJFT PO GFOOFM 'PFOJ 5VDLFS
"0
#PUBOJDBMOPNFODMBUVSFPSGDVMJOB
DVMVN WVMHBSF .
5IF WPMBUJMF PJM PG UIF GSVJU
SZIFSCTBOEQPUIFSCT*O$SBLFS
-&
+&4JNPO
IFSCTBOESPPUTPGGSVJUCFBSJOHQMBOUT1IBSNB[JF FET
)FSCT
TQJDFT
BOENFEJDBMQMBOUTSFDFOUBE
WBODFTJOCPUBOZ
IPSUJDVMUVSF
BOEQIBSNBDPMP
5SFQUPX
)
3IBCBSCFS 3IFVNBSUFO
VOETFJ HZ0SZY1SFTT1IPFOJY
"SJ[POB
7PM
QQo
OF7FSXFOEVOH&SOISVOH/VUSJUJPO
o 5VDLFS
"0
,+8)FOTFO
5IFDVMUJWBSTPGMB
5SJMMJOJ
#
". 4UPQQJOJ
7PMBUJMF DPOTUJUVFOUT WFOEFSBOEMBWBOEJO -BCJBUBF
#BJMFZB
o
PGUIFGSVJUTFDSFUPSZHMBOETPG;BOUIPYZMVNCVO
HFBOVN.BYJN+&TT0JM3FT
o 5VDLFS
"0
.+ .BDJBSFMMP
+5 )PXFMM
#PUB
5SJMMJOJ
#
".BOVOUB
".4UPQQJOJ
$POTUJUV OJDBMBTQFDUTPGDPNNFSDJBMTBHFT&DPO#PU
FOUTPGUIFFTTFOUJBMPJMPGUIFGSVJUTPG;BOUIPYZ o
MVNCVOFBOVN1MBOUBNFE
o 5VDLFS
"0
.+.BDJBSFMMP
5IFFTTFOUJBMPJMT
5SVFC
-'
B1JOJFOLFSOF/BUVSXJTT3ETDI
GSPN3PTFNBSZDVMUJWBST'MBWPVS'SBHSBODF+
o o
5SVFC
-'
C%FS)PQGFO/BUVSXJTT3ETDI
5VDLFS
"0
.+ .BDJBSFMMP
&TTFOUJBM PJMT PG
o DVMUJWBSTPG%BMNBUJBOTBHF 4BMWJBPGGJDJOBMJT-
+
5SVKJMMP
+.
+. )FSOOEF[
+" 1SF[
) -QF[
* &TT0JM3FT
o
'SJBT
" TFDPJSJEPJE HMVDPTJEF GSPN +BTNJ 5VDLFS
"0
.+.BDJBSFMMP7PMBUJMFPJMTPG*MMJ
OVN PEPSBUJTTJNVN 1IZUPDIFNJTUSZ
o DJVNGMPSJEBOVNBOE*QBSWJGMPSVN *MMJDJBDFBF
PG
UIFTPVUIFBTUFSO6OJUFE4UBUFTBOEUIFJSQPUFO
5TBLOJT
+
4-BMBT
7(FSHJT
7%PVSUPHMPV
74QJMJP UJBMFDPOPNJDVUJMJ[BUJPO&DPO#PU
o
UJT
.PEJGJFDB[JPOJ OFMMB RVBMJU EFMMPMJP EJ 5VDLFS
"0
.+ .BDJBSFMMP
18 #VSCBHF
( 4UVS[
TFNJEJ.PSJOHBPMFJGFSB
WBSJFU#MZOUZSF
EVSBOUF 4QJDFCVTI -JOEFSB CFO[PJO <-> WBS CFO
JMQSPDFTTPEJGSJUUVSB3JW*UBM4PTUBO[F(SBTTF
[PJO
-BVSBDFBF
BUFB
TQJDFBOENFEJDJOF&DPO
o #PU
o
5TBLOJT
+
4 -BMBT
7 (FSHJT
7 %PVSUPHMPV
7 4QJMJ 5VDLFS
"0
.+.BDJBSFMMP
%+$IBSMFT
+&4JNPO
PUJT
$IBSBDUFSJ[BUJPO PG .PSJOHB PMFJGFSB 7PMBUJMFMFBGPJMPGUIFDVSSZQMBOU )FMDISZ
WBSJFUZ.CPMPMPTFFEPJMPG,FOZB+"HSJD'PPE TVN JUBMJDVN <3PUI> ( %PO TVCTQ JUBMJDVN
BOE
$IFN
o EXBSGDVSSZQMBOU TVCTQFDNJDSPQIZMMVN 8JMME
5TBOLPWB
&5
"/,POBLUDIJFW
&.(FOPWB
/ZNJOUIF/PSUI"NFSJDBOIFSCUSBEF+&TT0JM
$IFNJDBMDPNQPTJUJPOPGUIFFTTFOUJBMPJMTPGUXP 3FT
o
)ZTTPQVT PGGJDJOBMJT UBYB + &TT 0JM 3FT
o 5VDLFS
"0
.+.BDJBSFMMP
+3&TQBJMMBU
&$'SFODI
5IFFTTFOUJBMPJMPG-JQQFBNJDSPNFSB4DIBV
5TDIFDIF
3
),PIM
,POEVSBOHPHMZDPTJEF"
FSJO%$ 7FSCFOBDFBF
+&TT0JM3FT
o
"VOE$
$5FUSBIFESPO
o 5VHSVM
/
*%PZNB[
.1BMB
"TUVEZPOESZJOH
5TDIFTDIF
3
44FQVMWFEB
5I.#SBVO
CFS DIBSBDUFSJTUJDTPGEJMM(JEB *TUBOCVM
o
3FGFSFODFT
5VMM
%
&EJCMF BOE VTFGVM QMBOUT PG5FYBT BOE 6MVCFMFO
"
* 6ZHVS
'MBWPOPJEBM BOE PUIFS
UIF 4PVUIXFTU " QSBDUJDBM HVJEF 6OJW 5FYBT DPNQPVOET PG 4BMWJB BFUIJPQJT 1MBOUB NFE
1SFTT
"VTUJO59
QQ o
5NFO
(
,)$ #BFS
5IF FTTFOUJBM PJM PG 6MVCFMFO
"
$) #SJFTLPSO
/ 0[EFNJS
5SJ
0SJHBOVNTZSJBDVN-WBSCFWBOJJ )PMNFT
*FUT UFSQFOPJETPG4BMWJBIPSNJOVN
DPOTUJUVUJPOPGB
XBBSU+&TT0JM3FT
o OFXEJPM1IZUPDIFNJTUSZ
o
5NFO
(
/ &SNJO
5 0[FL
. ,VSLDVPHMV
,)$ 6MVCFMFO
"
..JTLJ
5+ .BOSZ
" OFX BDJE
#BFS
$PNQPTJUJPO PG FTTFOUJBM PJMT GSPN GSPN4BMWJBUPNFOUPTB+/BU1SPE
o
UXPWBSJFUJFTPG5IZNCSBTQJDBUB-+&TT0JM3FT 6MVCFMFO
"
" .JTLJ
1 /FVNBO
5+ .BCSZ
o 'MBWPOPJETPG4BMWJBUPNFOUPTB -BCJBUBF
+/BU
5VONBO
1
& .BOO
CFS *OIBMUTTUPGGF WPO 1SPE
o
(FXS[ESPHFO.JUU;VN7PSLPNNFOWPO$V 6NBOP
,
:)BHJ
,/BLBIBSB
54IJCBNPUP
NBSJOFO
FJOFN8BDITVOE4UFSJOFOJO,SBVUWPO 7PMBUJMFDIFNJDBMTJEFOUJGJFEJOFYUSBDUTGSPNMFB
"SUFNJTJBESBDVODVMVT-;-FCFOTNJUUFM6OUFST WFT PG +BQBOFTF NVHXPSU "SUFNJTJB QSJODFQT
V'PSTDI
o 1BNQ
+"HSJD'PPE$IFN
o
5SLBZ
4
.% #VSGPSE
., 4BOHO
& &LJODJ
,% 6PUJMB
1
/PUFT PO 1PSUVMBDDB PMFBSBDFB 1PS
#BSUMF
""$MJGGPSE
%FBDJEJGJDBUJPOPGCMBDL UVMBDDBDFBF
JO'JOMBOE.FN4PD'BVOB'MPSB
DVNJO TFFE PJM CZ TFMFDUJWF TVQFSDSJUJDBM DBSCPO 'FOOJDB
o
EJPYJEF FYUSBDUJPO + "NFS 0JM $IFN 4PD
6QBEIZBZ
3,
-/ .JTSB
(VSEJQ 4JOHI
4FT
o RVJUFSQFOF BMDPIPMT PG UIF DPQBOF TFSJFT GSPN
5VSPWB
"%
&/ 4BQPTIOJLPWB
7KFO %JFPL -J FTTFOUJBM PJM PG 0DJNVN BNFSJDBOVN 1IZUPDIF
NJTUSZ
o
0GGJDJBMQMBOUTPGUIF6443BOE7JFUOBN 6QBEIZBZ
+
34 4JOHI
5/ .JTSB
$IFNJDBM
DPOTUJUVFOUT PG )ZQUJT TVBWFPMFOT 1PJU *OEJBO +
1VCMJTIFST i.FEJDJOFw
.PTDPX 1IBSNBD4DJ
/P
o
iw
QQ JO3VTTJBO
6QIPG
+$5I
%JDUJPOBSZ PG FDPOPNJD QMBOUT
7FSMBH+$SBNFS-FISF
FEO
QQ
6SCBOP
.(
* (POJ
#JPBWBJMBCJMJUZ PG OVUSJ
6 FOUTJOSBUTGFEPOFEJCMFTFBXFFET
OPSJ 1PSQIZ
SBUFOFSB
BOEXBLBNF 6OEBSJBQJOOBUJGJEB
BTB
6CJMMPT
".
1MBOUBTBSPNUJDBTEFMB&TQBOB TPVSDFPGEJFUBSZGJCSF'PPE$IFN
o
QFOJOTVMBS&EJD.VOEJ1SFOTB
.BESJEQQ 6S[B
"
35PSSFT
"MLBMPJETGSPNUIFCBSLPG
6EBZBTFLIBSB3BP
1
/VUSJFOUDPNQPTJUJPOBOE 1FVNVTCPMEVT'JUPUFSBQJB
o
CJPMPHJDBMFWBMVBUJPOPGNFTUB )JCJTDVTTBCEBSJG 6TBJ
.
""U[FJ
(1JOUPSF
*$BTBOPWB
$PN
GB
TFFET1MBOU'PPE)VNBO/VUSJU
o QPTJUJPOBOEWBSJBCJMJUZPGUIFFTTFOUJBMPJMPG4BS
6FLJ
5
:/PTB
:5FSBNPUP
30ICB
46FEB
EJOJBO 5IZNVT IFSCBCBSPOB -PJTFM 'MBWPVS
1SBDUJDBMTPZTBVDFQSPEVDUJPOVTJOHBNJYFELPKJ 'SBHSBODF+
o
NBLJOHTZTUFN+'FSNFOUBUJPO#JPFOHOH
6TIFS
(
"EJDUJPOBSZPGQMBOUTVTFECZNBO
o $POTUBCMF$P-UE-POEPO
QQ
6IM
43
)BOECPPLPGTQJDFT
TFBTPOJOHTGMB TUVO
(
-,FOU
/$IFLJO
)$JWFMFLPHJV
*O
WPSJOHT5FDIOPNJD 1VCMJTIJOH $PNQ -BODBTUFS
WFTUJDBUJPOPGUIFUFDIOPMPHJDBMQSPQFSUJFTPG/J
1"
64"
QQ HFMMBTBUJWB #MBDLDVNJO
TFFEPJM+"NFS0GGJD
6IMJH
+8
"$IBOH
+++FO
&GGFDUPGQIUIBMJ $IFN4PD
o
EFTPODFMFSZGMBWPS+'PPE4DJ
o
6MVCFMFO
"5#FSLBO
5SJUFSQFOJDBOETUFSPJEBM
DPNQPVOET PG $OJDVT CFOFEJDUVT 1MBOUB NFE 7
o
6MVMFCFO
"
$) #SJFTLPSO
.JDSPNFSJD BDJE 7BHJ
&
#4JNBOEJ
)(%BPPE
"%FBL
+4BXJOTLZ
GSPN4BMWJBIPSNJOVN1IZUPDIFNJTUSZ
3FDPWFSZPGQJHNFOUTGSPN0SJHBOVNNB
3FGFSFODFT
KPSBOB - CZ FYUSBDUJPO XJUI TVQFSDSJUJDBM DBSCPO BOHVTUJGPMJB 1FST
3VUB DIBMFQFOTJT -
3VUB HSB
EJPYJEF+"HSJD'PPE$IFN
o WFPMFOT-VOE3VUBNPOUBOB.JMM1IBSNB[JF
7BMFOUP
1
& 'FSOBOEFT
' $BSWBMIP
1# "OESBEF
o
3.4FBCSB.-#BTUPT
"OUJPYJEBOUBDUJWJ 7BVHIBN
+(
&*(PSEPO
"UBYPOPNZTUVEZ
UZPG$FOUBVSJVNFSZUISFBJOGVTJPOFWJEFODFECZ PG#SBTTJDBKVODFBVTJOHUIFUFDIOJRVFPGFMFDUSP
JUTTVQFSPYJEFSBEJDBMTDBWFHJOHBOEYBOUIJOFPYJ QIPSFTJT
HBTMJRVJEDISPNBUPHSBQIZBOETFSPMP
EBTF JOIJCJUPSZ BDUJWJUZ + "HSJD 'PPE $IFN
HZ"OO#PUo
o 7BVHIBN
+(
+4)FNJOHXBZ
5IFVUJMJ[BUJPO
7BMFOUP
1
1#"OESBEF
&4JMWB
"7JDFOUF
)4BO PGNVTUBSET&DPO#PU
o
UPT
.-#BTUPT
3.4FBCSB
.FUIPYZMBUFE 7BVQFM
&
B#FUSUWPO7BOJMMF4FJU+BISFO
YBOUIPOFTJOUIFRVBMJUZDPOUSPMPGTNBMMDFOUBV CFHFISUVOEJNNFSOPDI'PSTDIVOHTUIFNB,VM
SZ $FOUBVSJVNFSZUISFB
GMPXFSJOHUPQT+"HSJD UVSV5FDIOJL
/P
o
'PPE$IFN
o 7BVQFM
&
C (FXS[F "DIU LVMUVSIJTUPSJTDIF
7BMLFOCVSH
+-$)
WBO
/#VOZBQSBQIBUTBSB
1PSUSUT%FVUTDIFT.VTFVN.VOJDI
QQ
1MBOU3FTPVSDFTPG4PVUI&BTU"TJB/P
.FEJ 7BVQFM
&
D4FJU+BISFOBMT(FXS[CFHFISU
DJOBMBOEQPJTPOPVTQMBOUT#BDLIVZT1VCMJTIFST 1IBSNB[;UH
o
-FJEFOQQ 7FHB
./
$ 3BNPT
$POTUJUVFOUT PG DBQFST
7BMWFSEF
.3
5BYPOPNBEFMPTHOFSPT5IZ BOEDIBOHFTEVSJOHQJDLMJOH(SBTBTZ"DFJUFT
NVT FYDMVEB MB TFDDJO 4FSQIZMMVN
Z5IZNCSB o
FOMB1FOOTVMB*CFSJDB3FBM+BSEJO#PUOJDP $4*$
7FLJBSJ
4"
70SFPQPVMPV
$5[JB
$%5IPNPQPVMPT
.BESJE
QQ B0SFHBOPGMBWPOPJETBTMJQJEBOUJPYJEBOUT+
7BOIBFMFO'BTUS
3
$POTUJUVUJPOFUQSPQFSUJFT "NFS0JM$IFN
o
BOUJCBDUFSJOOFT EF MIVJMF FTTFOUJFMMF EF $OJDVT 7FSHIFTF
+
(BSDJOJBDBNCPHJB %FTS
,PEBN
CFOFEJDUVT1MBOUBNFE
o QVMJ*OEJBO4QJDFT
/P
o
7BOIBFMFO'BTUS
3
$POTUJUVFOUT QPMZBDFUZ 7FSOJO
(
+.FU[HFS
%'SBJTTF
$4DIBSGG
($
MFOJRVFT EF $OJDVT CFOFEJDUVT 1MBOUB NFE
.4 &*
1$*
/$*
$PNQVUFSBOBMZTJTPGWPMBUJMFTVM
o GVSDPNQPVOETJOHBSMJDFTTFOUJBMPJMT"QQMJDBUJPO
7BOIBFMFO
.
37BOIBFMFO'BTUS
2VBOUJUBUJ PGUIFNBTTGSBHNFOUPNFUSZ4*.5FDIOJRVF1MBO
WF EFUFSNJOBUJPO PG CJPMPHJDBMMZ BDUJWF DPOTUJUV UBNFEo
FOUTJONFEJDBMQMBOUDSVEFFYUSBDUTCZUIJOMBZFS 7JLJBSJ
4"
$5[JB
70SFPQPVMPV
$%5IPNPQPVMPT
DISPNBUPHSBQIZEFOTJUPNFUSZ + $ISPNBUPHS C*TPMBUJPOPGOBUVSBMBOUJPYJEBOUTGSPNPSF
o HBOP3JW*UBM4PTUBO[F(SBTTF
o
7BSFMU[JT
,
%,PVGJEJT
&(BWSJJMJEPV
&1BQBWFSHPV
7FOTLVUPOJT
13
"%BQLFWJDJVT
5"WBO#FFL
B
47BTJMJBEPV
&GGFDUJWJOFTT PG B OBUVSBM SP &TTFOUJBMPJMTPGGFOOFM 'PFOJDVMVNWVMHBSF.JMM
TFNBSZ 3PTFNBSJOVT PGGJDJOBMJT
FYUSBDU PO UIF GSPN-JUIVBOJB+&TT0JM3FT
o
TUBCJMJUZ PG GJMMFU BOE NJODFE GJTI EVSJOH GSP[FO 7FOTLVUPOJT
3
-1PMM
.-BSTFO
C&GGFDUPGJS
TUPSBHF;-FCFOTNJUUFM6OUFSV'PSTDI"
SBEJBUJPOBOETUPSBHFPOUIFDPNQPTJUJPOPGWP
o MBUJMFDPNQPVOETPGCBTJM 0DJNVNCBTJMJDVN-
7BSJZBS
14
$ #BOEZPQBEIZBZ
&TUJNBUJPO PG 'MBWPVS'SBHSBODF+
o
QIFOPMJDDPNQPVOETJOHSFFOQFQQFSCFSSJFT 1J 7FOTLVUBOJT
3-1PMM
.-BSTFOD*OGMVFODFPG
QFSOJHSVN-
CZIJHIQFSGPSNBODFMJRVJEDISP ESZJOHBOEJSSBEJBUJPOPOUIFDPNQPTJUJPOPGWP
NBUPHSBQIZ$ISPNBUPHSBQIJB
o MBUJMFDPNQPVOETPGUIZNF 5IZNVTWVMHBSJT-
7BTDPODFMPT
4.(EF
'+EF"CSFV.BUPT
.*-B 'MBWPVS'SBHSBODF+
o
DFSEB.BDIBEP
""SBHBP$SBWFJSP
&TTFO 7FSB
3
+..POEPO
+$1JFSJCBUUFTUJ
$IFNJ
UJBMPJMTPG0DJNVNCBTJMJDVN-
0CBTJMJDVNWBS DBMDPNQPTJUJPOPGUIFFTTFOUJBMPJMBOEBRVFPVT
NJOJVNVN-BOE0CBTJMJDVNWBSQVSQVSFTDFOT FYUSBDU PG 1MFDUSBOUIVT BNCPJOJDVT 1MBOUB NFE
#FOUI HSPXO JO OPSUIFBTUFSO #SB[JM 'MBWPVS
o
'SBHSBODF+
o 7FSFT
,
&7BSHB
"%PCPT
;)BKEV
*.BUIF
&/F
7BTVEFWBO
5/
.-VDLOFS
"MLBMPJEFBVT3VUB NFUI
,4[BCP
*OWFTUJHBUJPOPGUIFDPNQP
3FGFSFODFT
;XJFCFM WPN USOFOEFO "VHF [V FJOFN EFS 8JMMVIO
(
/FVF &SHFCOJTTF EFS "SOJLBGPS
TUSLTUFO "SPNBTUPGGF ESBHPDPSFQ
/P
TDIVOH1IBSNB[JFJOVOTFSFS;FJU
o
o 8JMMVIO
(
B %JF #MUFO WPO "SOJDB DIBNPJT
8JEFSMFDIOFS
.1
)JTUPSZ BOE VUJMJ[BUJPO PG TPOJTBMT&STBU[ESPHFGS"SOJDBNPOUBOB%UTDI
3PTBEBNBTDFOT&DPO#PU
o "QPUIFLFS;UH
o
8JFHFMF
.
%VGUQFMBSHPOJFO "OCBV
1GMFHF
8JMMVIO
(
C "SOJDB NPOUBOB - o %FS #FSH
4PSUF7FSMBH&6MNFS4UVUUHBSU
QQ XPIMWFSMFJI;1IZUPUIFS
o
8JFOEM
3.
( 'SBO[
.ZSSIF /FVF $IFNJF 8JMMVIO
(
+,SFTLFO
;VS'SBHFEFT7PSLPN
FJOFS BMUFO %SPHF %UTDI "QPUIFLFS;UH
NFOT WPO 1ZSSPMJ[JEJOBMLBMPJEFO JO "SOJLB 1IBS
o
o NB[;UH
8JFSTFNB
+)
#-FO FET
8PSMEFDPOPNJD 8JMMVIO
(
( -FWFO
"SOJLBCMUFO o 7BSJBCJ
QMBOUT$3$1SFTT/FX:PSL
QQ MJUU EFT8JSLTUPGGHFIBMUFT JO EFS WPO "SOJDB DIB
8JFTFM
#
6OUFSTVDIVOHFO[VN,FJNWFSIBMUFO NJTTPOJDT-FTTTTQGPMJPTBTUBNNFOEFO%SPHFO
EFS.BSJFOEJTUFM 4JMZCJVNNBSJBOVN<->
(BFSUO %SPHFOSFQPSU 4POEFSBVTHBCF
5BHVOH v"S[
%SPHFOSFQPSU
/P
o OFJQGMBO[F i
WPN o JO &SGVSU
8JKBZB
$)
)/JTIJNVSB
55BOBLB
+.J[VUBOJ
QQo
*OGMVFODFPGESZJOHNFUIPEJOWPMBUJMFTVMGVSDPO 8JMMVIO
(
8 3JDIUFS
;VS ,FOOUOJT EFS *O
TUJUVFOUTPG$BVDBTVT "MMJVNWJDUPSJBMJT-
+'PPE IBMUTTUPGGFWPO4BNCVDVTOJHSB-1MBOUBNFE
4DJ
o o
8JKFTFLFSB
30#
5IFDIFNJTUSZBOEUFDIOP 8JMMVIO
(
3(8FTUIBVT
-PMJPMJEF $BMFOEJO
MPHZPG$JOOBNPO$SJU3FW'PPE4DJ/VUSJU
GSPN$BMFOEVMBPGGJDJOBMJT1MBOUBNFE
o 8JMMVIO
(
34DIOFJEFS
6.BUUIJFTFO
.FYJ
8JMEFJTFO
"
7BOJMMF (FXS[ EFS (UUJO "5 LBOJTDIF "SOJLBCMUFO ;VTBNNFOTFU[VOH EFT
7FSMBH"BSBV.VOJDI
"VGM
QQ UIFSJTDIFO MFT EFS #MUFOLSCDIFO WPO )F
8JMEFNBO
%F
-FT QMBOUFT USPQJDBMFT EF UFSPUIFDB JOVMPJEFT %UTDI "QPUIFLFS;UH
(SBOEFDVMUVSF.BJTPOE&EO"$BTUBJHOF
#SV o
YFMMFT
QQ 8JMTLB+FT[LB
+
("OEFST
+-PT
.6SBCBOJBL0MT
8JMEJOH
,
8'MFNNJOH
,,JFXJUU
,,PMCF
3#FJ [FXTLB
*OGMVFODF EFT UFDIOJRVFT EF QS
OJOH
/8FU[FM
'3PTFOIBIO
;VS)FSTUFM USBJUNFOU EFT GSVJUT E"SPOJB NFMBOPDBSQB TVS MB
MVOHWPO)PQGFOQFMMFUT.JUU5FDIOPMPHJFEFS DPNQPTJUJPO QPMZQIOPMJRVF EF WJOFT 1SPD +
)PQGFOQFMMFUJFSVOH -FCFOTNJUUFMJOEVTUSJF
*OUFSOBUE&UVEFEV(SPVQF1PMZQIOPMF
.POU
o QFMMJFS
'SBODF
Q
8JMIFMN
$
.VTLBUOV WFSTDIJNNFMU 'FJO 8JMTPO
'%
.:.FO[FM
,FOBG )JCJTDVTDBO
LPTUXJSUTDIBGU
o OBCJOVT
VOE3PTFMMF )JCJTDVTTBCEBSJGGB
&DPO
8JMLJOT
$,
+ .BETPO
0SFHBOP IFBETQBDF #PU
o
DPOTUJUVFOUT ; -FCFOTNJUUFM6OUFST V 'PSTDI 8JMTPO
-"
/1 4FOFDIBM
.1 8JESMFDIOFS
o )FBETQBDFBOBMZTJTPGUIFWPMBUJMFPJMTPG"HBTUB
8JMLJOT
$,
5IFJOGMVFODFPGTUPSBHFDPOEJUJ DIF+"HSJD'PPE$IFN
o
POT PO TQJDF QBQSJLB RVBMJUZ -FCFOTNJUUFM8JTT 8JOFS
/
5IFQPUFOUJBMPGUIFDBSPC $FSBUPOJB
V5FDIOPM
o TJMJRVB
*OUFSOBU5SFF$PSQ+
o
8JMLJOTPO
+.
.)JQXFMM
53ZBO
)."$BWBOBHI
8JOLMFS
8
&-VOBV
;VS6OUFSTDIFJEVOHEFS
#JPBDUJWJUZ PG #BDLIPVTJB DJUSJPEPSB BOUJ UIFSJTDIFOMFWPO$VSDVNBYBOUIPSSIJ[B3PYC
CBDUFSJBM BOE BOUJGVOHBM BDUJWJUZ + "HSJD 'PPE VOE $VSDVNB MPOHB - EVSDI %OOTDIJDIUDISP
$IFN
o NBUPHSBQIJF1IBSNB[;UH
o
8JMMJBNT
-0
" ZFMMPX GPPE EZF&TDPCFEJB 8JOUFS
"(
&8JMMFLF
B6OUFSTVDIVOHFOCFS
&DPO#PU
"OUJCJPUJLB BVT IIFSFO 1GMBO[FO (BTGSNJHF
8JMMJNPU
4(
5IFDVMUVSFBOEBQQMJDBUJPOTPG )FNNTUPGGF BVT -FQJEJVN TBUJWVN VOE JIS 7FS
MJRVPSJDF8PSMEDSPQT
o IBMUFO JN NFOTDIMJDIFO ,SQFS CFJ "VGOBINF
3FGFSFODFT
WPO -FQJEJVN4BMBU QFS PT /BUVSXJTTFOTDIBGUFO 1VCM -UE 4PVUI .FMCPVSOF
7JDUPSJB
"VTUSBMJB
o QQ
8JOUFS
"(
.)PSOCPSTUFM
C6OUFSTVDIVOHFO 8SOFS
.
1 4DISFJFS
'MDIUJHF *OIBMUTTUPGGF
CFS"OUJCJPUJLBBVTIIFSFO1GMBO[FO(BTGSNJ BVT4UFJOLMFF .FMJMPUVTPGGJDJOBMJT<->-BN
;-F
HF)FNNTUPGGFBVT$PDIMFBSJBBSNPSBDJB .FFS CFOTNJUUFM6OUFSTV'PSTDI
o
SFUUJDI
VOE JIS7FSIBMUFO JN NFOTDIMJDIFO ,S 8SOFS
.
14DISFJFS
B'MDIUJHF*OIBMUTTUPGGF
QFS CFJ "VGOBINF QFS PT /BUVSXJTTFOTDIBGUFO BVT5POLBCPIOFO %JQUFSZYPEPSPUB8JMME
;-F
o CFOTNJUUFM6OUFSTV'PSTDI
o
8JOUFS
81EF
7#"NPSPTP FE
1MBOUSFTPVS 8SOFS
.
14DISFJFS
CCFSEJF"SPNBTUPGG
DFT PG 4PVUI&BTU "TJB 7PM $SZQUPHBNT ;VTBNNFOTFU[VOH WPO 8BMENFJTUFS (BMJVN
'FSOTBOEGFSOBMMJFT#BDLIVZT1VCMJTIFST-FJEFO
PEPSBUVN <-> 4DPQ
; -FCFOTNJUUFM6OUFST V
QQ 'PSTDI
o
8JOUFSIBMUFS
1
.4USBVCJOHFS
4BGGSPOoSFOF 8SOFS
.
.1GMBVN
14DISFJFS
D"EEJUJPOBM
XFEJOUFSFTUJOBODJFOUTQJDFT'PPE3FW*OTU
WPMBUJMFDPOTUJUVFOUTPG"SUFNJTJBWVMHBSJT-IFSC
o 'MBWPVS'SBHSBODF+
o
8JOUFSTUPO
%
,3JDIBSETPO
"OJOWFTUJHB 8SJHIU
$8
"SUFNJTJB5BZMPS'SBODJT-POEPO
UJPOPGUIFDIFNJDBMDPOTUJUVFOUTPG2VFFOTMBOE /FX:PSL
QQ
HSPX HJOHFS 2VFFOTMBOE + "HSJD 4DJ
o 8V
4+
*4$IFO
"MLBMPJETGSPN;BOUIPYZMVN
TJNVMBOT1IZUPDIFNJTUSZ
o
8PFSEFOCFSH
)+
) )FOESJLT
3 #PT
&VQB 8V
5F-JO
2J(FO8V
;IPOH:J$IFO
1SPDFF
UPSJVNDBOOBCJVN-o%FS8BTTFSEPTUPEFS8BT EJOHT PG UIF TFDPOE TZNQPTJVN PO UIF 'BNJMZ
TFSIBOG/FVF'PSTDIVOHFOBOFJOFSBMUFO"S[OFJ ;JOHJCFSBDFBF ;IPOHTIBO 6OJW 1SFTT (VBOH[
QGMBO[F;1IZUPUIFS
o IPV
$IJOBQQ
8PGGPSE
(&
"OFX-JOEFSB -BVSBDFBF
GSPN 8VMGG
3%
&GGFDUT PG JSSBEJBODF
UFNQFSBUVSF
/PSUI"NFSJDB+"SOPME"SCPSFUVN
o BOE XBUFS TUBUVT PO HSPXO BOE QIPUPTZOUIFUJD
8PMG
(1EF
/FQFUFT
OPUFTPODVMUJWBUFE-BCJ DBQBDJUZ JO )ZQUJT TVBWFPMFOT $BOBE + #PU
BUBF#BJMFZB
o o
8PMMFOXFCFS
&
,.BOO
'MBWBOPMTGSPNGSVJUT 8TUFOGFME
)
( )BFTFMFS
5SJOLCSBOOUXFJOF
GSPN7JUFYBHOVTDBTUVT1MBOUB.FE
o VOE -JLSF )FSTUFMMVOH
6OUFSTVDIVOH VOE #F
8PMTLJ
5
"-VEXJD[VL
";XPMBO
..BSEBSPXJD[
TDIBGGFOIFJU 7FSMBH 1 1BSFZ #FSMJO )BNCVSH
($.4BOBMZTJTPGUIFDPOUFOUBOEDPNQP FEO
QQ
TJUJPOPGFTTFOUJBMPJMJOMFBWFTBOEHBMMFOJDQSFQB 8ZL
#&WBO
$8JOL
.8JOL
)BOECVDIEFS
SBUJPOTGSPNSPTFNBSZ 3PTNBSJOVTPGGJDJOBMJT-
"S[OFJQGMBO[FO&JOJMMVTUSJFSUFS-FJUGBEFO8JTTFO
)FSCBQPMPO
o TDIBGUM7FSMBHTHFTNC)4UVUUHBSU
QQ
8PMUFST
#
%SPHFO
1GFJMHJGU VOE *OEJBOFSNF
EJ[JO"S[OFJQGMBO[FOBVT4EBNFSJLB6ST'SFVE
7FSMBH(SFJGFOCFSH
QQ 9
8PMUFST
#
"HBWFCJT;BVCFSOV)FJMQGMBO[FO
EFS*OEJBOFS/PSEVOE.JUUFMBNFSJLBT6ST'SFVE 9BBTBO
$$
$9$JJMNJ
.'BBSBY
41BTTBOOBOUJ
'1J
7FSMBH(SFJGFOCFSHQQ P[[J
.1BUFSOPTUSP
6OVTVBMGMBWPOFTGSPN
8PMUFST
#
;JFSQGMBO[FOBVT.FYJLPVOE4EB 0DJNVNDBOVN1IZUPDIFNJTUSZ
o
NFSJLB%UTDI"QPUIFLFS;UH
o 9BBTBO
$$
"% $BCEVMSBYNBBO
4 1BTTBOOBOUJ
'
8POH
,$
,0OH
$-JN
$POTUJUVUJPOPGUIF 1JP[[J
+1 4DINJE
$POTUJUVFOUT PG UIF FT
WPMBUJMFPJMPG,BFNQGFSJBHBMBOHB'MBWPVS'SB TFOUJBMPJMPG0DJNVNDBOVN+/BUVSBM1SPEVDUT
HSBODF+
o
o
8POH
,.
(JOHFSTPG1FOJOTVMBS.BMBZTJBBOE 9JBP+JB $BJ
1$ 6EFO
& #MPDL
9JOH ;IBOH
#%
4JOHBQPSF/BUVSBM)JTUPSZ1VCMJDBUJPOT #PSOFP
2VJNCZ
++ 4VMMJWBO "MMJVN DIFNJTUSZ
,PUB,JOBCBMV
QQ *EFOUJGJDBUJPO PG OBUVSBM BCVOEBODF PSHBOPTFMF
8PPEXBSE
1
(BSMJDBOEGSJFOET)ZMBOE)PVTF OVNWPMBUJMFTGSPNHBSMJD
FMFQIBOUHBSMJD
POJPO
3FGFSFODFT
:FP
1
(FSBOJVN & 6MNFS 7FSMBH 4UVUUHBSU
:V
5)
$I8V
:$-JPV
7PMBUJMFDPNQPVOET
QQ GSPNHBSMJD+"HSJD'PPE$IFN
o
:FSNBOPT
%.
4)FSNTUSFFU
84BMBC
$,)VT[BS
:VBO
:
#MUFOCMBUU,BNQBHOFO'SFJFT$IJOB
0JMDPOUFOUBOEDPNQPTJUJPOPGUIFTFFEJO
/P
o
UIF XPSME DPMMFDUJPO PG TFTBNF JOUSPEVDUJPO + :VFI)TJVOH ,VP
1JOH)VOH -FF
:VOH4IVO8FJO
"NFS0JM$IFN4PD
o 'PVS OFX DPNQPVOET GSPN UIF TFFET PG
:JOSPOH-V
-:FBQ'PP
'MBWPOPJEBOEQIFOP $BTTJBGJTUVMB+/BU1SPEVDUT
o
MJDHMZDPTJEFGSPN4BMWJBPGGJDJOBMJT1IZUPDIFNJTU :VTVG
.
."3BINBOO
+6$IPXEIVSZBOE+#F
SZ
o HVN
;JOHJCFST JO #BOHMBEFTI + &DPO5B
:JOSPOH-V
-:FBQ'PP
"OUJPYJEBOUBDUJWJUJFT YPO#PU *OEJB
o
3FGFSFODFT
;OHMFJO
"
8 4DIVMU[F
,) ,VCFD[LB
;IBOH
:
$5 )P
7PMBUJMF DPNQPOFOUT PG5B
4UFSOBOJT VOE 4IJLJNJ ;VS 6OUFSTDIFJEVOH EFS NBSJOE+&TT0JM3FT
o
'SDIUF WPO *MMJDJVN WFSVN )PPLG VOE *MMJDJVN ;IBP
41
1;$POH
-)2VBO
$IFNJDBMFYB
BOJTBUVN - 5FJM .PSQIPMPHJTDIBOBUPNJTDIF NJOBUJPOPGUIFFTTFOUJBMPJMPG'PFOJDVMVNWVMHB
6OUFSTDIFJEVOHTNFSLNBMF %UTDI "QPUIFLFS SF"DUB#PU4JOJDB
o JO$IJOFTF
3VOEF(FXS[MJMJF
TBSPO
TBHF
HSBQFGSVJU
3VOEFS,BSEBNPN
TBHF
(SFFL
3VOEFS,FOUKVS TBSPODBTTJOF TBHF
*UBMJBOTQSJOH
3VOELQHFS-BVDI TBSPONBSZHPME TBHF
+FSVTBMFN
3VO[MJHF1FSPWTLJF TBSPOPG"OEFT TBHF
+JN
3VO[MJHFS:TPQ TBSPOSPPU TBHF
+PTFQI
SVTNBSJ TBSPOUIJTUMF TBHF
MBWBOEFS
3VTTJBOCBTJM TBSPO
DBQF
TBHF
.FEJUFSSBO
3VTTJBODPSJBOEFS TBSPO
$BSUXSJHIU TBHF
.FYJDBO
3VTTJBOMBTFSXPSU TBSPO
EZFST TBHF
NVTDBU
3VTTJBOPSFHBOP TBSPO
GBMTF
TBHF
QBJOUFE
3VTTJBOTBHF TBSPO
)BVTLOFDIU TBHF
1BNJS
3VTTJBOXJMEIPSTFSBEJTI TBSPO
*OEJBO TBHF
1FSVWJBO
3VTTJTDIFS#FSHLNNFM TBSPO
TNBMMMFBWFE TBHF
QJOFBQQMFTDFOUFE
3VTTJTDIFS,PSJBOEFS TBSPO
4QBOJTI TBHF
SFE
3VTTJTDIFS4BMCFJ TBSPO
XJME
TBHF
SFEUPQQFE
3VTTJTDIFS4FOG 4BPS TBHF
3VTTJBO
3VTTJTDIFS4UFQQFOZNJBO TBPSLSBTJMOZK TBHF
TJMWFS
3VTTJTDIFT4IPM[ 4BGSBO
TBHF
4QBOJTI
3VTTJTDIFT4IPM[ TBHF
TUJDLZ
SVTTLBKBHPSUTDIJ[B BGSBO TBHF
UBOHFSJOF
SVUB TBGSO TBHF
UIJTUMF
SVUBTBEPXBKB TBGSBOCUBSE TBHF
5VSLJTI
3VUFOLPIM TBGSBOEFT*OEFT TBHF
WFSWBJOF
SZLZUPSPSPBPJ 4BGSBO
"OEFO TBHF
XBMMZ
T I
PCIBOKBOB 4BGSBO
$BSUXSJHIU TBHF
XJME
TBDIBOI 4BGSBO
&DIUFS TBHF
ZFMMPX
TBOIBO 4BGSBO
'BMTDIFS
TBHFCSVTI
TBOIPO 4BGSBO
)BVTLOFDIU TBIB
TBBGBSBO 4BGSBO
,BQ
TBIBOH
TBUBSSBNTJ 4BGSBO
4DINBMCMUUSJHFS TBIJIBO
4BBU-FJO 4BGSBO
5PVSJTUFO TBIJKBO
TBCBTOJL 4BGSBOBSUJHF5SJUPOJF 4BHPODJOOBNPO
TBCFMOJL TBGSBOPO 4BJHPOQFQQFS
TBCJOB 4BGSBOXVS[ FM
4BHPODBTTJB
TBCPSJKB 4BGSBOXVS[ FM
8S[JHF 4BJHPO1GFFS
TBCPSJOBN TBGSF 4BHPO;JNU
TBCPVKBT TBGTBG 4BJMFSTUPCBDDP
TBCPXJKLSFT 4BMPTF,BTLBSJMMF TBJNQPM
TBCVHVFJSPOFHSP TBGVSBO TBJQBONBOHP
4BDIBMJONJO[F TBHB TBKFUTDIKBLBOJTUB
TBDIBZVZV TBHBCFUJOB 4BLIBMJONJOU
TBDSFECBSNB TBHBTFJO TBMB
TBDSFECBTJM TBHF
TBMBECVSOFU
TBDSFEHBSMJDQFBS TBMBE
XBUFS
TBDSPEBDUZMF TBHF
"GSJDBO TBMBEMFL
TBEBUVMBT TBHF
BOOVBM TBMBJ
TBEBC TBHF
#FOHBM TBMBLBU
TBEPBEJO TBHF
CMVF TBMBN
TBESF TBHF
CMVFCFBSE TBMBN
NBOUJOH
TBFOHHBOH TBHF
#SJUJTI)POEVSBT TBMBNBOEFSUSFF
TBFZBOH TBHF
$BTQJBO 4BMBNBOEFSCBVN
TBG G
SBO TBHF
DMBSZ 4BMBNCMBUU
TGBSO TBHF
DPNNPO 4BMBUCMVNF
TBGFEDBOEBO TBHF
&OHMJTI 4BMBUMBVDI
TBPXFS TBHF
GSVJU 4BMCFJ
"GSJLBOJTDIFS
TBSBBO
TBHF
HBSEFO 4BMCFJ
ISFOUSBHFOEFS
TBSBBO
GZOCMBBS TBHF
(SBIBN 4BMCFJ
"OBOBT
*OEFYPG$PNNPO/BNFT
;XJFCFM
4DIJFGF
;XJFCFM
4JCJSJTDIF
;XJFCFM
4JMCFS
;XJFCFM
4PNNFS
;XJFCFM
4QFJTF
;XJFCFM
4ZSJTDIF
;XJFCFM
5VSLFTUBOJTDIF
;XJFCFM
8JOUFS
;XJFCFMSFJDIFS-BVDI
;ZQSFTTF
4PNNFS