When navigating the complex terrain of real estate transactions, the Agreement of Sale Real form stands as a critical document that facilitates the transfer of property ownership in a legally binding manner. This form meticulously outlines the terms and conditions agreed upon by both the buyer and the seller, covering essential aspects such as the sale price, property description, payment plans, contingencies, and closing date, among others. Its comprehensive nature ensures that all parties are clear about their obligations and helps prevent potential disputes down the line. By serving as a cornerstone for negotiation, it allows for amendments and adjustments to reflect the interests of both parties accurately. Moreover, the form’s adherence to state-specific legal requirements underscores its importance in ensuring that the sale process proceeds smoothly and lawfully. For anyone involved in buying or selling real estate, understanding the Agreement of Sale Real form is indispensable for a transparent, efficient, and effective transaction.
| Question | Answer |
|---|---|
| Form Name | Agreement Sale Real Form |
| Form Length | 9 pages |
| Fillable? | No |
| Fillable fields | 0 |
| Avg. time to fill out | 2 min 15 sec |
| Other names | agreement for the sale of commercial real estate pennsylvania, agreement for the sale of commercial realestate maryland, agreement for the sale of commercial real estate, agreement for the sale of commercial real estate in pa |
$ |
&!$&%!!$$%&& |
% |
'67A4=@;@31=;;3<232/<2/>>@=D324=@0CB<=B@3AB@71B32B=CA30GB63;3;03@A=4B63$3<<AG:D/<7/AA=17/B7=<=4%3/:B=@AL $% |
|
|
|
"$&% |
|
|
|
|
%$% |
||
|
|
|
|
"$!"$&+ |
|
|
|
|
|
|
|
|
$%#$%',%&& |
............................................................................................ |
|
|
|
................................................................................................................ |
|
|
||
................................................................................. |
|
|||
7<B63;C<717>/:7BG=4 |
|
|||
=C<BG=4 |
7<B63=;;=<E3/:B6=4$3<<AG:D/<7/ |
|
|
|
23<B7471/B7=<35$/@13: =B:=19332==9$/53Q%31=@27<5/B3 |
|
|||
|
||||
'/FA |
||||
|
|
|
|
|
|
|
|
|
|
|
'+$I%$&! %")&"J %J$!$ |
|
|
|
<B@6;2@@$29.A6<;@56=BF2?6@;<A?2=?2@2;A21/F./?<82? |
|
|
|
|
@=93@=;>/<G .......................................
.......................................
=;>/<G22@3AA .......................................
.......................................
=;>/<G$6=<3 .........................................
=;>/<G/F.........................................
@=93@7A16319=<:G=<3
CG3@53<B@=93@@3>@3A3<BACG3@=<:G
C/:53<B&33C/:/<2=@3A75</B3253<B0=F03:=E
713<A33A"/;3 ........................................
........................................
7@31B$6=<3A ...........................................
3::$6=<3A ...........................................
/F ...................................................
;/7: ...................................................
713<A33A7A16319=<:G=<3
CG3@53<B
CG3@53<BE7B63A75</B3253<1G
C/:53<B&33C/:/<2=@3A75</B3253<B0=F03:=E
'@/<A/1B7=< 713<A33@=93@/<2 713<A33A>@=D723@3/:3AB/B3A3@D713A0CB2=<=B@3>@3A3<BCG3@
%$I%$&! %")&"J %J$!$ <B@6;2@@$29.A6<;@56=%2992?6@;<A?2=?2@2;A21/F./?<82?
@=93@=;>/<G .......................................
.......................................
=;>/<G22@3AA .......................................
.......................................
=;>/<G$6=<3 .........................................
=;>/<G/F .........................................
@=93@7A16319=<:G=<3
&3::3@53<B@=93@@3>@3A3<BA&3::3@=<:G
C/:53<B&33C/:/<2=@3A75</B3253<B0=F03:=E
713<A33A"/;3 ........................................
........................................
7@31B$6=<3A ...........................................
3::$6=<3A ...........................................
/F ...................................................
;/7: ...................................................
713<A33A7A16319=<:G=<3
&3::3@53<B
&3::3@53<BE7B63A75</B3253<1G
C/:53<B&33C/:/<2=@3A75</B3253<B0=F03:=E
'@/<A/1B7=< 713<A33@=93@/<2 713<A33A>@=D723@3/:3AB/B3A3@D713A0CB2=<=B@3>@3A3<B&3::3@
' !$% & +
@=93@7A/C/:53<BE63</@=93@@3>@3A3<BA0=B6CG3@/<2&3::3@7<B63A/;3B@/<A/1B7=< 713<A337A/C/:53<BE63</ 713<A33@3>@3A3<BACG3@/<2&3::3@7<B63A/;3B@/<A/1B7=<::=4@=93@OA:713<A33A/@3/:A=C/:53<BA(" &&B63@3/@3A3>/@/B3 3A75</B3253<BA4=@CG3@/<2&3::3@4B63A/;3 713<A337A23A75</B324=@CG3@/<2&3::3@B63 713<A337A/C/:53<B
F@64;6;4A56@4?22:2;ABF2?.;1%2992?2.05.08;<D921425.C6;4/22;=?2C6<B@9F6;3<?:21<3.;10<;@2;A21A<1B.9.42;0F
63.==960./92
%".42<3 |
||||
|
|
!"+$&" |
%+( %%!&! |
!$&!$%H |
|
|
|
|
FA56@4?22:2;A1.A21
BF2?D5<.4?22@A<=B?05.@2A52612;A63621"?<=2?AF "'$%"$ "!%&%
$C@16/A3$@713
..................................................................................................................................................................................................
.................................................................. |
(&=::/@AB=03>/720GCG3@/A4=::=EA |
|
<7B7/:3>=A7BE7B67< 2/GA=4F31CB7=</B374<=B7<1:C232 |
|
|
|
E7B6B67A5@33;3<B |
|
227B7=</:3>=A7BE7B67<PPPPP 2/GA=4B63F31CB7=</B3 |
||
....................................
%3;/7<7<50/:/<13E7::03>/72/BA3BB:3;3<B
993B;1@=.61/FBF2?6;09B16;412=<@6A@D699/2=.61/F052080.@562?I@05208<?D6?213B;1@993B;1@=.61/FBF2?
D6A56;+%<3@2AA92:2;A6;09B16;43B;1@=.61.A@2AA92:2;AD699/2/F0.@562?I@05208<?D6?213B;1@/BA;<A/F=2?
@<;.905208
3>=A7BA@35/@2:3AA=4B634=@;=4>/G;3<B/<2B63>3@A=<23A75</B32/A>/G33E7::03>/727<(&=::/@AB=@=93@4=@&3::3@
C<:3AA=B63@E7A3AB/B3263@3 .............................................................................
E6= E7:: @3B/7< 23>=A7BA 7< /< 3A1@=E /11=C<B 7< 1=<4=@;7BG E7B6/::/>>:71/0:3:/EA/<2@35C:/B7=<A C<B7: 1=<AC;;/B7=< =@ B3@ ;7</B7=<=4B67A5@33;3<B#<:G@3/:3AB/B30@=93@A/@3@3?C7@32B=6=:223>=A7BA7</11=@2/<13 7B6B63@C:3A/<2@35C:/B7=<A=4 B63 &B/B3 %3/: AB/B3 =;;7AA7=< 6319A B3<23@32 /A 23>=A7B ;=<73A ;/G 03 63:2 C<1/A632 >3<27<5 B63 3F31CB7=< =4 B67A
5@33;3<B |
|
%&& & "!%%%%! |
|
&3BB:3;3<B/B37A |
=@034=@374CG3@/<2&3::3@/5@33 |
&3BB:3;3<BE7::=11C@7<B631=C<BGE63@3B63$@=>3@BG7A:=1/B32=@7</</28/13<B1=C<BG2C@7<5<=@;/:0CA7<3AA6=C@AC<:3AA CG3@/<2&3::3@/5@33=B63@E7A3
BB7;3=4A3BB:3;3<BB634=::=E7<5E7::03>@=@/B32=</2/7:G0/A7A03BE33<CG3@/<2&3::3@@37;0C@A7<5E63@3/>>:71/0:3
1C@@3<BB/F3A@3<BA7<B3@3AB=<;=@B5/53/AAC;>B7=<A1=<2=;7<7C;433A/<26=;3=E<3@/AA=17/B7=<433AE/B3@/<2=@A3E3@
433AB=53B63@E7B6/<G=B63@:73</0:3;C<717>/:A3@D713433A::16/@53AE7::03>@=@/B324=@B63>3@7=2A1=D3@32&3::3@E7::
>/GC>B=/<27<1:C27<5B632/B3=4A3BB:3;3<B/<2CG3@E7::>/G4=@/::2/GA4=::=E7<5A3BB:3;3<BC<:3AA=B63@E7A3AB/B3263@3
........................................................................................................
=@>C@>=A3A=4>@=@/B7<5@3/:3AB/B3B/F3AB63M>3@7=2A1=D3@32N/@3/A4=::=EA
!C<717>/:B/F07::A4=@/::1=C<B73A/<2;C<717>/:7B73A7<$3<<AG:D/<7//@34=@B63>3@7=24@=;/<C/@GB=313;03@
&16==:B/F07::A4=@B63$67:/23:>67/$7BBA0C@56/<2&1@/<B=<&16==:7AB@71BA/@34=@B63>3@7=24@=;/<C/@GB=313;03@
&16==:B/F07::A4=@/::=B63@A16==:27AB@71BA/@34=@B63>3@7=24@=;C:GB=C<3
=<D3G/<134@=;&3::3@E7::030G433A7;>:32332=4A>317/:E/@@/<BGC<:3AA=B63@E7A3AB/B3263@3 ......................
........................................................................................................
$/G;3<B=4B@/<A43@B/F3AE7::0327D72323?C/::G03BE33<CG3@/<2&3::3@C<:3AA=B63@E7A3AB/B3263@3...................
........................................................................................................
$=AA3AA7=<7AB=0323:7D3@320G23323F7AB7<593GA/<2>6GA71/:>=AA3AA7=<B=/D/1/<B$@=>3@BG4@33=4230@7AE7B6/::AB@C1BC@3A 0@==;1:3/</B2/G/<2B7;3=4A3BB:3;3<BC<:3AA&3::3@034=@3A75<7<5B67A5@33;3<B6/A723<B747327<E@7B7<5B6/BB63$@=>3@BG 7AAC0831BB=/:3/A3
4&3::3@6/A723<B747327<E@7B7<5B6/BB63$@=>3@BG7AAC0831BB=/:3/A3>=AA3AA7=<7AB=0323:7D3@320G23323F7AB7<593GA/<2 /AA75<;3<B=43F7AB7<5:3/A3A4=@B63$@=>3@BGB=53B63@E7B6A31C@7BG23>=A7BA/<27<B3@3AB74/<G/B2/G/<2B7;3=4A3BB:3;3<B&3::3@ E7::<=B3<B3@7<B=/<G<3E:3/ 3 <=@3FB3<23F7AB7<5:3/A3A4=@B63$@=>3@BGE7B6=CBB63E@7BB3<1=<A3<B=4CG3@CG3@E7:: /19<=E:32533F7 B7<5:3/ 3 0G7<7B7/:7<5B63:3/ 3A/BB633F31CB7=<=4B67A5@33;3<BC<:3AA=B63@E7A3AB/B327<B67A5@33;3<B
&2;.;A!00B=621"?<=2? F112;1B:"$J<?:&!"6@.AA.0521.;1:.12=.?A<3A56@4?22:2;A
&%&%!&%%
'63&3BB:3;3<B/B3/<2/::=B63@ 2/B3 /<2B7;3 723<B747324=@B63>3@4=@;/<13=4/<G=0:75/B7=<A=4B67A5@33;3<B/@3=4B63 3AA3<13/<2/@307<27<5
'63F31CB7=</B3=4B67 5@33;3<B7 B632/B3E63<CG3@/<2&3::3@6/D37<271/B324C::/113>B/<13=4B67A5@33;3<B0GA75< 7<5/<2=@7<7B7/:7<57B=@>C@>=A3A=4B67A5@33;3<BB63<C;03@=42/GAE7::031=C<B324@=;B63F31CB7=</B33F1:C27<5 B632/GB67A5@33;3<BE/A3F31CB32/<27<1:C27<5B63:/AB2/G=4B63B7;3>3@7=29905.;42@A<A56@4?22:2;A@5<B91/26;6
A6.921.;11.A21
'63&3BB:3;3<B/B37A<=B3FB3<2320G/<G=B63@>@=D7A7=<=4B67A5@33;3<B/<2;/G=<:G033FB3<2320G;CBC/:E@7BB3</5@33
;3<B=4B63>/@B73A
3@B/7<B3@;A/<2B7;3>3@7=2A/@3>@3>@7<B327<B67A5@33;3<B/A/1=<D3<73<13B=B63CG3@/<2&3::3@::>@3>@7<B32B3@;A
/<2B7;3>3@7=2A/@3<35=B7/0:3/<2;/G0316/<5320GAB@797<5=CBB63>@3>@7<B32B3FB/<27<A3@B7<527443@3<BB3@;A/113>B/0:3
B=/::>/@B73A3F13>BE63@3@3AB@71B320G:/E
*&'$% "$%! "$!"$&+
" (7<B67AA/:3/@3/::3F7AB7<57B3;A>3@;/<3<B:G7<AB/::327<B63$@=>3@BG4@33=4:73<A7<1:C27<5>:C;07<563/B7<5) 3?C7>;3<B:756B7<547FBC@3A7<1:C27<516/<23:73@A/<2137:7<54/<A/<2E/B3@B@3/B;3<BAGAB3;AC<:3AA=B63@E7A3AB/B3203:=E/<G @3;/7<7<563/B7<51==97<5/<2=B63@4C3:AAB=@32=<B63$@=>3@BG/BB63B7;3=4A3BB:3;3<B:A=7<1:C232..................
|
% ".42<3 |
'634=::=E7<57B3;A/@3 & <=B=E<320G&3::3@ |
||
|
....................................................................................................... |
|
+ (47FBC@3A/<27B3;A |
||
|
,!
/7:C@3=4B67A5@33;3<BB=1=<B/7<B63H=<7<51:/AA7471/B7=<3F13>B7<1/A3AE63@3B63>@=>3@BGI/<23/16>/@13:B63@3=474AC027
D72/0:3J7AH=<32A=:3:G=@>@7;/@7:GB=>3@;7BA7<5:34/;7:G2E3::7<5AE7::@3<23@B67A5@33;3<BD=72/0:3/BCG3@OA=>B7=</<2
74D=7232/<G23>=A7BAB3<23@320GB63CG3@E7::03@3BC@<32B=B63CG3@E7B6=CB/<G@3?C7@3;3<B4=@1=C@B/1B7=<
! & +
*)P'67AA/:37A"#'1=<B7<53<B=<47</<17<5/:B6=C56CG3@;/G=0B/7<47</<17<5/<2=@B63>/@B73A;/G7<1:C23/<
/>>@/7A/:1=<B7<53<1G
'
'67AA/:37A1=<B7<53<BC>=<CG3@=0B/7<7<547</<17<5/11=@27<5B=B634=::=E7<5B3@;A
6?@A<.;<;A52"?<=2?AF |
|
%20<;1<.;<;A52"?<=2?AF |
|
|||
|
|
|
||||
=/<;=C<B |
|
=/<;=C<B |
|
|||
!7<7;C;'3@; |
G3/@A |
!7<7;C;'3@; |
G3/@A |
|||
'G>3=4 =/< |
|
'G>3=4 =/< |
|
|||
<B3@3AB@/B3 |
6=E3D3@BF2?.4?22@A<.002=AA52 |
<B3@3AB@/B3 |
6= |
3D3@BF2?.4?22@A<.002=AA52 |
||
6;A2?2@A?.A2.@:.F/20<::6AA21/FA5292;12? <=BB=3F1332 |
6;A2?2@A?.A2.@:.F/20<::6AA21/FA5292;12? <=BB=3F1332 |
|||||
/;/F7;C;7<B3@3AB@/B3=4 |
/;/F7;C;7<B3@3AB@/B3=4 |
|||||
|
|
|
|
|
|
|
6;.;06;4<::6A:2;A.A2
*7B67<....2/GA74<=BA>31747324@=;B63F31CB7=</B3=4B67A5@33;3<BCG3@E7::;/93/1=;>:3B32E@7BB3</>>:7 |
1/B7=<4=@B6347</<17<5B3@;AAB/B32/0=D3B=/@3A>=<A70:3:3<23@A=4CG3@OA16=713?<82?3<?BF2?63.;F<A52?D6@2
?<82?3<?%2992?6@.BA5<?6G21A<0<::B;60.A2D6A5A5292;12?@A<.@@6@A6;A5236;.;06;4=?<02@@
%5<B91BF2?3B?;6@53.9@2<?6;0<:=92A26;3<?:.A6<;A<%2992??<82?@<?A5292;12?@0<;02?;6;4BF2?I@924.9<?
36;.;06.9@A.AB@<?3.69A<0<<=2?.A26;4<<13.6A56;=?<02@@6;4A5236;.;06;4.==960.A6<;D5605?2@B9A@6;A5292;12?@
?23B@6;4A<.==?<C2.36;.;06;40<::6A:2;ABF2?D699/26;123.B9A<3A56@4?22:2;A
(>=<@3137>B=4/47</<17<51=;;7B;3<BCG3@E7::>@=;>B:G23:7D3@/1=>G=4B631=;;7B;3<BB=&3::3@(<:3AA=B63@E7A3
/5@332B=7<E@7B7<50GCG3@/<2&3::3@74/E@7BB3<1=;;7B;3<B7A<=B@3137D320G&3::3@0GB63/0=D32/B3B67A5@33;3<B
;/G03B3@;7</B320GCG3@=@&3::3@E7B6/::23>=A7B;=<73A@3BC@<32B=CG3@/11=@27<5B=B63B3@;A=4$/@/5@/>6CG3@
E7::03@3A>=<A70:34=@/<G>@3;7C;A4=@;316/<71AO:73<7<AC@/<13/<2=@B7B:3A3/@16=@4334=@1/<13::/B7=<=4A/;374/<G
"#%/<G>@3;7C;A4=@4:==27<AC@/<13/<2=@47@37<AC@/<13E7B63FB3<2321=D3@/537<AC@/<1307<23@16/@53A=@1/<13:
:/B7=<43374/<G"#%/<G/>>@/7A/:433A/<216/@53A>/727</2D/<13B=:3<23@
'+$I% %&&'%
<B633D3<B=4/16/<537<CG3@OA47</<17/:AB/BCA/4431B7<5CG3@OA/07:7BGB=>C@16/A3CG3@A6/::E7B67<PPPPP 2/GA74<=BA>31
74732=4A/7216/<53<=B74G&3::3@/<2:3<23@AB=E6=;B63CG3@AC0;7BB32:=/</>>:71/B7=<74/<G7<E@7B7<516/<537<47</<
17/:AB/BCA7<1:C23A0CB7A<=B:7;7B32B=:=AA=@/16/<537<7<1=;3CG3@OA6/D7<57<1C@@32/<3E47</<17/:=0:75/B7=<3<B@G=4/
8C25;3<B/5/7<ABCG3@BF2?B;12?@A.;1@A5.A.==9F6;43<?.;1<?6;0B??6;4.;.116A6<;.936;.;06.9</964.A6<;:.F.3320A
BF2?I@./696AFA<=B?05.@2
%$$"$% &&! %
%A.AB@<3). 2?
&3::3@@3>@3A3<B B6/BB63$@=>3@BG7 3@D320G
$C0:71*/B3@ |
=;;C<7BG*/B3@ |
#<A7B3*/B3@ |
"=<3 |
%A.AB@<3%2D2?
&3::3@@3>@3 3<B B6/BB63$@=>3@BG7 3@D320G
$C0:71&3E3@ |
=;;C<7BG&3E/537A>=A/:&GAB3; |
'3<1@3$3@;7BF3;>B7=<A33&3E/53"=B713 |
|
<27D72C/:#<:=B&3E/537A>=A/:&GAB3; A33&3E/53"=B713 |
=:27<5'/<9A33&3E/53"=B713 |
||
<27D72C/:#<:=B&3E/537A>=A/:&GAB3;7<$@=F7;7BGB=*3::A33&3E/53"=B713A33&3E/53"=B71374/>>:71/0:3
"=<3A33&3E/53"=B713 "=<3D/7:/0:3$3@;7B 7;7B/B7=<A7<4431BA33&3E/53"=B713 |
................................................................................................
<A602@"B?@B.;AA<A52"2;;@F9C.;6.%2D.42.0696A62@0A
<A602&52?26@;<0B??2;A9F2E6@A6;40<::B;6AF@2D.42@F@A2:.C.69./923<?A52@B/720A=?<=2?AF&31B7=<=4B63
$3<<AG:D/<7/&3E/53/17:7B73A1B>@=D723AB6/B<=>3@A=<A6/::7<AB/::1=<AB@C1B@3?C3AB072>@=>=A/:A4=@1=<AB@C1B7=<
/:B3@@3>/7@=@=11C>G/<G0C7:27<5=@AB@C1BC@34=@E6716/<7<27D72C/:A3E/53AGAB3;7AB=037<AB/::32E7B6=CB47@AB=0B/7<
7<5/>3@;7BCG3@7A/2D7A320GB67A<=B713B6/B034=@3A75<7<5B67A5@33;3<BCG3@A6=C:21=<B/1BB63:=1/:/53<1G
16/@532E7B6/2;7<7AB3@7<5B631BB=23B3@;7<3B63>@=132C@3/<2@3?C7@3;3<BA4=@=0B/7<7<5/>3@;7B4=@/<7<27D72C/:
A3E/53AGAB3;'63:=1/:/53<1G16/@532E7B6/2;7<7AB3@7<5B631BE7::03B63;C<717>/:7BGE63@3B63$@=>3@BG7A:=1/B32
=@B6/B;C<717>/:7BGE=@97<51==>3@/B7D3:GE7B6=B63@A
<A602&56@"?<=2?AF6@@2?C6021/F.;6;16C61B.9@2D.42@F@A2:6;@A.9921B;12?A52A2;.0?2=2?:6A2E2:=A6<;=?<C6@6<;@
<3%20A6<;<3A52"2;;@F9C.;6.%2D.42.0696A62@0A &31B7=<>@=D723AB6/B/>3@;7B;/G<=B03@3?C7@32034=@37<AB/::7<5
|
% ".42<3 |
1=<AB@C1B7<5/E/@27<5/1=<B@/1B4=@1=<AB@C1B7=</:B3@7<5@3>/7@7<5=@1=<<31B7<5B=/<7<27D72C/:A3E/53AGAB3;E63@3/B3</1@3
>/@13:=@:=B7AAC027D72324@=;/>/@3<BB@/1B/4B3@/<C/@GCG3@7A/2D7A32B6/BA=7:A/<2A7B3B3AB7<5E3@3<=B1=<2C1B
32/<2B6/BA6=C:2B63AGAB3;;/:4C<1B7=<B63=E<3@=4B63$@=>3@BG=@>@=>3@B73AA3@D71320GB63AGAB3;/BB63B7;3=4/;/:
4C<1B7=<;/G0363:2:7/0:34=@/<G1=<B/;7</B7=<>=::CB7=<>C0:7163/:B66/H/@2=@<C7A/<13E6716=11C@A/A/@3AC:B
<A602&56@"?<=2?AF6@@2?C6021/F.5<916;4A.;8=2?:.;2;A<?A2:=<?.?FA<D5605@2D.426@0<;C2F21/F.
D.A2?0.??F6;4@F@A2:.;1D56056@12@64;21.;10<;@A?B0A21A<3.0696A.A2B9A6:.A216@=<@.9<3A52@2D.42.A.;<A52?
@6A2 $C@AC/<BB=B63$3<<AG:D/<7/&3E/53/17:7B73A1B&3::3@;CAB>@=D723/67AB=@G=4B63/<<C/:1=AB=4;/7<B/7<7<5B63
B/<94@=;B632/B3=47BA7<AB/::/B7=<=@313;03@E67163D3@7A:/B3@
<A602;6;16C61B.9@2D.42@F@A2:5.@/22;6;@A.9921.A.;6@<9.A6<;16@A.;023?<:.D299A5.A6@92@@A5.;A5216@
A.;02@=2063621/F?24B9.A6<; '63@35C:/B7=<A/B$/=23K>3@B/7<7<5B=;7<7;C;6=@7H=<B/:7A=:/B7=<27AB/<13A
>@=D7235C72/<13&C0A31B7=<0=4KAB/B3AB6/BB63;7<7;C;6=@7H=<B/:7A=:/B7=<27AB/<1303BE33</<7<27D72C/:E/B3@
AC>>:G=@E/B3@AC>>:GAGAB3;AC1B7=<:7<3/<2B@3/B;3<BB/<9AA6/::03433B&C0A31B7=<1=4KAB/B3AB6/BB636=@7
H=<B/:7A=:/B7=<27AB/<1303BE33<B637<27D72C/:E/B3@AC>>:G=@E/B3@AC>>:GAGAB3;AC1B7=<:7<3/<2B63>3@7;3B3@=4B63
/0A=@>B7=</@3/A6/::03433B
<A602&56@9<A6@D6A56;.;.?2.6;D5605=2?:6A96:6A.A6<;@.?26;23320A.;16@@B/720AA<A5<@296:6A.A6<;@ &3 /534/17:7
B73A/@3<=B/D/7:/0:34=@B67A:=B/<21=<AB@C1B7=<=4/AB@C1BC@3B=03A3@D320GA3E/534/17:7B73A;/G<=B0357<C<B7:B63;C<717>/:7BG
1=;>:3B3A/;/8=@>:/<<7<5@3?C7@3;3<B>C@AC/<BB=B63$3<<AG:D/<7/&3E/53/17:7B73A1B/<2@35C:/B7=<A>@=;C:5/B32B63@3C<23@
&3::3@@3>@3A3<BA/<2E/@@/<BAB6/B&3::3@6/A<=9<=E:32533F13>B/A<=B327<B67A5@33;3<BB6/BPP'63>@3;7A3A6/D3033<
1=<B/;7</B320G/<GAC0AB/<137</<G;/<<3@E6716@3?C7@3A@3;327/B7=<P'63$@=>3@BG1=<B/7<A 3B:/<2A4:==2>:/7<A=@
/<G =B63@ 3<D7@=<;3<B/::G A3<A7B7D3 /@3/A 23D3:=>;3<B =4 E6716 7A :7;7B32 =@ >@31:C232 0G :/ PP'63 $@=>3@BG 1=<B/7<A |
/A03AB=A>=:G16:=@7</B3207>63<G:A:3/20/A32>/7<B=@/<G=B63@AC0AB/<13B63@3;=D/:=@27A>=A/:=4E67167AAC0831BB=/<G
:/E=@@35C:/B7=</<2P<G:/E6/A033<D7=:/B327<B636/<2:7<5=@27A>=A7<5=4/<G;/B3@7/:=@E/AB3=@B6327A16/@53=4/<G
;/B3@7/:7<B=B63A=7:/7@AC@4/13E/B3@=@5@=C<2E/B3@
&3::3@/5@33AB=7<23;<74G/<2B=6=:2@=93@6/@;:3AA4@=;/<2/5/7<AB/::1:/7;A23;/<2A=@:7/07:7B73A7<1:C27<5/BB=@<3GA
433A/<21=C@B1=ABAE6716/@7A34@=;=@/@3@3:/B32B=B633<D7@=<;3<B/:1=<27B7=<=@AC7B/07:7BG=4B63$@=>3@BG>@7=@B=2C@7<5
=@/4B3@&3::3@OA=11C>/B7=<=4B63$@=>3@BG7<1:C27<5E7B6=CB:7;7B/B7=</<G1=<27B7=<:7AB327<$/@/5@/>6
&3::3@7A<=B/E/@3=467AB=@71>@3A3@D/B7=<@3AB@71B7=<A@35/@27<5B63$@=>3@BGC<:3AA=B63@E7A3AB/B3263@3 .................
....................................................................................................... |
|
....................................................................................................... |
&3::3@@3>@3A3<BAB6/B/A=4B632/B3&3::3@A75<32B67A5@33;3<B<=>C0:717;>@=D3;3<B1=<2=;7<7C;=@6=;3=E<3@/AA=17/
B7=</AA3AA;3<BA6/D3033<;/23/5/7<ABB63$@=>3@BGE6716@3;/7<C<>/72/<2B6/B<=<=B7130G/<G5=D3@<;3<B=@>C0:71
/CB6=@7BG6/A033<A3@D32C>=<&3::3@=@/<G=<3=<&3::3@OA036/:47<1:C27<5<=B713A@3:/B7<5B=D7=:/B7=<A=4H=<7<56=CA7<5
0C7:27<5A/43BG=@47@3=@27</<13AB6/B@3;/7<C<1=@@31B32/<2B6/B&3::3@9<=EA=4<=1=<27B7=<B6/BE=C:21=<AB7BCB3/D7=:/
B7=<=4/<GAC16=@27</<13AB6/B@3;/7<C<1=@@31B32C<:3AA=B63@E7A3A>317473263@3 ..................................
....................................................................................................... |
|
&3::3@9<=EA=4<==B63@>=B3<B7/:<=B713A7<1:C27<5D7=:/B7=<A/<2=@/AA3AA;3<BA3F13>B/A4=::=EA |
|
....................................................................................................... |
113AAB=/>C0:71@=/2;/G@3?C7@37AAC/<13=4/6756E/G=11C>/<1G>3@;7B4@=;B633>/@B;3<B=4'@/<A>=@B/B7=<
)($!! & %
3A56@4?22:2;A6@0<;A6;42;A<;BF2?I@?645AA<6;@=20A.;1<??2=.6?A52"?<=2?AF<?A<C2?63F6;@B?./696AF2;C6?<;:2;A.9
0<;16A6<;@/<B;1.?62@02? 6360. 6<;@G<;6;409.@@6360.A6<;<?B@2<?.;F<A52?6;3<?:.A6<;?24.?16;4A52"?<=2?AFBF2?I@
3.69B?2A<2E2?06@2.;F<3BF2?I@<= 6<;@D6 56; 52A6:2@@2A3<?A56;A56@4?22:2;A6@.)($<3A5.A0<;A6;42;0F.;1
BF2?.002=A@A52"?<=2? F.;1.4?22@ < 52$%6;".?.4?.=5<3A56@4?22:2;A
'+$I%'J
'63$@=>3@BGE7::03B@/< 43@@327<7B >@3 3<B1=<27B7=<B7ACG3@OA@3A>=<A707:7BGB=23B3@;7<3B6/BB631=<27B7=<=4B63>@=>
3@BG7AA/B7A4/1B=@GE7B67< |
2/G 74<=B >3174732CG3@;/G@3?C3ABB6/BB63>@=>3@BG037<A>31B32/BCG3@OA3F>3<A3 |
0G?C/:74732>@=43 7=</: B=23B3@;7<3B63>6G 71/:AB@C1BC@/:;316/<71/:/<23<D7@=<;3<B/:1=<27B7=<=4B63:/<27;>@=D3
;3<BA=@B637@1=;>=<3<BA=@4=@B63AC7B/07:7BG=4B63>@=>3@BG4=@CG3@OA<332A4B63@3AC:B=4/<G7<A>31B7=<@3D3/:AB6/BB63
>@=>3@BG7AC<AC7B/0:34=@CG3@OA<332ACG3@;/GE7B67<B63B7;3@3;/7<7<5B3@;7</B3B67A5@33;3<B0GE@7BB3<<=B713B=
&3::3@E7B6/::23>=A7B;=<73A@3BC@<32B=CG3@/11=@27<5B=B63B3@;A=4$/@/5@/>6=4B67A5@33;3<B
(<:3AA=B63@E7A3AB/B327<B67A5@33;3<BBF2?5.@6;@=20A21A52"?<=2?AF7<1:C27<547FBC@3A/<2/<G>3@A=</:>@=>3@BG
A>317471/::G:7AB3263@37<<?5.@D.6C21A52?645AA<1<@<.;1.4?22@A<=B?05.@2A52"?<=2?AF &%"$% &!
&! AC0831B B= 7<A>31B7=< 1=<B7<53<173A 3:31B32 7< B67A5@33;3<B CG3@ /19<=E:3253A B6/B @=93@A B637@ :713<A33A
3;>:=G33A=44713@A=@>/@B<3@A6/D3<=B;/23/<7<23>3<23<B3F/;7</B7=<=@23B3@;7</B7=<=4B63AB@C1BC@/:A=C<2<3AA=4B63
$@=>3@BGB63/53=@1=<27B7=<=4B631=;>=<3<BA3<D7@=<;3<B/:1=<27B7=<AB63>3@;7BB32CA3A<=@=41=<27B7=<A3F7AB7<57<B63
:=1/:3E63@3B63$@=>3@BG7AA7BC/B32<=@6/D3B63G;/23/;316/<71/:7<A>31B7=<=4/<G=4B63AGAB3;A1=<B/7<32B63@37<
<G@3>/7@A@3?C7@320GB67A5@33;3<BE7::031=;>:3B327</E=@9;/<:793;/<<3@
!&%%%%% &% ' "$#'$ &%
<$3<<AG:D/<7/B/F7<5/CB6=@7B73AA16==:27AB@71BA/<2;C<717>/:7B73A/<2>@=>3@BG=E<3@A;/G/>>3/:B63/AA3AA32D/:C3=4/
>@=>3@BG/BB63B7;3=4A/:3=@/B/<GB7;3B63@3/4B3@AC113AA4C:/>>3/:0G/B/F7<5/CB6=@7BG;/G@3AC:B7</67563@/AA3AA32
D/:C34=@B63>@=>3@BG/<2/<7<1@3/A37<>@=>3@BGB/F3A:A=>3@7=2711=C<BGE723>@=>3@BG@3/AA3AA;3<BA;/G16/<53B63
/AA3AA32D/:C3=4B63>@=>3@BG/<2@3AC:B7</16/<537<>@=>3@BGB/F
|
% ".42<3 |
*7B6B633F13>B7=<=41=C<BGE723@3/AA3AA;3<BA/AA3AA;3<B/>>3/:<=B713A<=B713A=416/<537<;7::/53@/B3A=@7<1@3/A3A7<
@/B3A7<B633D3<B/<G=B63@<=B713A7<1:C27<5D7=:/B7=<A/<2=@/AA3AA;3<BA/@3@3137D32/4B3@&3::3@6/AA75<32B67A5@33;3<B
/<2034=@3A3BB:3;3<B&3::3@E7::E7B67<.....2/GA74<=BA>3174732=4@3137D7<5B63<=B713A/<2=@/AA3AA;3<BA>@=D723/
1=>G=4B63<=B713A/<2=@/AA3AA;3<BAB=CG3@/<2E7::<=B74GCG3@7<E@7B7<5B6/B&3::3@E7::
C::G1=;>:GE7B6B63<=B713A/<2=@/AA3AA;3<BA/B&3::3@OA3F>3<A3034=@3A3BB:3;3<B4&3::3@4C::G1=;>:73AE7B6B63
<=B713A/<2=@/AA3AA;3<BACG3@/113>BAB63$@=>3@BG/<2/5@33AB=B63% &7<$/@/5@/>6=4B67A5@33;3<B#%
"=B1=;>:GE7B6B63<=B713A/<2=@/AA3AA;3<BA4&3::3@16==A3A<=BB=1=;>:GE7B6B63<=B713A/<2=@/AA3AA;3<BA=@3.69@
D6A56;A52@A.A21A6:2A<;<A63FBF2?D52A52?%2992?D6990<:=9F CG3@E7::<=B74G&3::3@7<E@7B7<5E7B67<......2/GA
74<=BA>3174732 B6/BCG3@E7::
/ =;>:GE7B6B63<=B713A/<2=@/AA3AA;3<BA/BCG3@OA3F>3<A3/113>BB63 $@=>3@BG/<2/5@33B=B63% &7<
$/@/5@/>6=4B67A5@33;3<B#%
0 '3@;7</B3B67A5@33;3<B0GE@7BB3<<=B713B=&3::3@E7B6/::23>=A7B;=<73A@3BC@<32B=CG3@/11=@27<5B=B63B3@;A=4
$/@/5@/>6=4B67A5@33;3<B
3BF2?3.69@A<?2@=<;1E7B67<B63B7;3AB/B327<$/@/5@/>6<?3.69@A<A2?:6;.A2B67A5@33;3<B0G @7BB3<<=B713B=
&3::3@E7B67<B6/BB7;3BF2?D699.002=AA52"?<=2?AF/<2/5@33B=B63% &7<$/@/5@/>6=4B67A5@33;3<B
4@3?C7@320G:/EE7B67< ,&4@=;B63F31CB7=</B3=4B67A5@33;3<B0CB7<<=1/A3:/B3@B6/< ,&>@7=@
B=&3BB:3;3<B/B3&3::3@E7::=@23@/B&3::3@OA3F>3<A3/13@B7471/B7=<4@=;B63/>>@=>@7/B3;C<717>/:23>/@B;3<BA27A1:=A7<5
<=B713=4/<GC<1=@@31B32D7=:/B7=<A=4H=<7<56=CA7<50C7:27<5A/43BG=@47@3=@27</<13A/<2=@/13@B7471/B3>3@;7BB7<5=11C>/<
1G=4B63$@=>3@BG4CG3@@3137D3A/<=B713=4/<G@3?C7@32@3>/7@A7;>@=D3;3<BACG3@ 7::>@=;>B:G23:7D3@/1=>G=4B63<=B713
B=&3::3@
&3::3@6/A<=9<=E:3253=4/<G1C@@3<B=@>3<27<51=<23;</B7=<=@3;7<3<B2=;/7<>@=13327<5AB6/BE=C:2/4431BB63$@=>3@BG
4/<G>=@B7=<=4B63 $@=>3@BGA6=C:203AC0831BB=1=<23;</B7=<=@3;7<3<B2=;/7<>@=13327<5A/4B3@B63A75<7<5=4B67A
5@33;3<B&3::3@A6/::7;;327/B3:G/2D7A3CG3@7<E@7B7<5=4AC16>@=13327<5ACG3@E7::6/D3B63=>B7=<B=B3@;7</B3B67A
5@33;3<B0GE@7BB3<<=B713B=&3::3@E7B67<.........2/GA2/GA74<=BA>3174732/4B3@CG3@:3/@<A=4B6347:7<5=4AC16
>@=13327<5AE7B6/::23>=A7B;=<73A@3BC@<32B=CG3@/11=@27<5B=B63B3@;A=4$/@/5@/>6=4B67A5@33;3<BBF2?I@3.69
B?2A<=?<C612;<A602<3A2?:6;.A6<;D6A56;A52A6:2@A.A21D6990<;@A6ABA2.)($<3A56@0<;A6;42;0F.;1.99<A52?
A2?:@<3A56@4?22:2;A?2:.6;6;3B993<?02.;123320A
&*$$*
4&3::3@<=B7473ACG3@B6/B7BE7A63AB=3<B3@7<B=/B/F2343@@323F16/<534=@B63$@=>3@BG>C@AC/<BB=B63<B3@</:%3D3<C3=23
CG3@/5@33AB=1==>3@/B3E7B6&3::3@7<1=<<31B7=<E7B6AC163F16/<537<1:C27<5B633F31CB7=<=4AC162=1C;3<BA/A;/G03
@3/A=</0:G<313AA/@GB=1=<2C1BB633F16/<53>@=D7232B6/BB63@3A6/::03<=23:/G7<B63/5@332B=A3BB:3;3<B2/B3/<2B6/B/<G
/227B7=</:1=ABA/AA=17/B32E7B6B633F16/<53/@3>/72A=:3:G0G&3::3@CG3@7A/E/@3B6/B&3::3@/<B717>/B3A/AA75<7<5&3::3@OA
7<B3@3AB7<B67A5@33;3<BB=/B67@2>/@BGC<23@/<F16/<535@33;3<B/<21=<A3<BAB=AC16/AA75<;3<BCG3@A6/::<=B03
@3?C7@32B=3F31CB3/<G<=B31=<B@/1B2332=@=B63@2=1C;3<B>@=D727<5/<G:7/07:7BGE6716E=C:2AC@D7D3B633F16/<53<=@
A6/::CG3@03=0:75/B32B=B/93B7B:3B=/<G>@=>3@BG=B63@B6/<B63$@=>3@BG23A1@70327<B67A5@33;3<B&3::3@A6/::7<23;<7
4G/<26=:26/@;:3AACG3@/5/7<AB/<G:7/07:7BGE6716/@7A3A=@7A1:/7;32B=6/D3/@7A3<4@=;/<G/A>31B=4B633F16/<53B@/<A
/1B7=<
4CG3@<=B7473A&3::3@B6/B7BE7A63AB=3<B3@7<B=/B/F2343@@323F16/<534=@B63$@=>3@BG>C@AC/<BB=B63<B3@</:%3D3<C3=23
&3::3@/5@33AB=1==>3@/B3E7B6CG3@7<1=<<31B7=<E7B6AC163F16/<537<1:C27<5B633F31CB7=<=4AC162=1C;3<BA/A;/G03
@3/A=</0:G<313AA/@GB=1=<2C1BB633F16/<53>@=D7232B6/BB63@3A6/::03<=23:/G7<B63/5@332B=A3BB:3;3<B2/B3/<2B6/B/<G
/227B7=</:1= B / =17/B32E7B6B633F16/<53/@3>/72A=:3:G0GCG3@&3::3@7A/E/@3B6/BCG3@6/A/AA75<32CG3@OA7<B3@3AB
7<B67A5@33;3<BB=/B67@2>/@BGC<23@/<F16/<535@33;3<B/<21=<A3<BAB=AC16/AA75<;3<B&3::3@A6/::<=B03@3?C7@32
B=3F31CB3/<G<=B31=<B@/1B2332=@=B63@2=1C;3<B>@=D727<5/<G:7/07:7BGE6716E=C:2AC@D7D3B633F16/<53CG3@A6/::
7<23;<74G/<26=:26/@;:3 &3::3@/5/7< B/<G:7/07:7BGE6716/@7A3A=@7A1:/7;32B=6/D3/@7A3<4@=;/<G/A>31B=4B633F16/<53
B@/<A/1B7=<
!$! ! '
"#'$$
$$ PCG3@/19<=E:3253AB6/BB631=<2=;7<7C;C<7BB=03B@/<A43@@320GB67A5@33;3<B7A7<B3<2324=@<=<@3A7
23<B7/:CA3/<2B6/BCG3@;/G/5@33B=;=274G=@E/7D3B63/>>:71/07:7BG=413@B/7<>@=D7A7=<A=4B63(<74=@;=<2=;7<7C;
1B=4$3<<AG:D/<7/$/&Ket seq.
&&%%'$(+% !%&%
'63$@=>3@BGE7::031=<D3G32E7B65==2/<2;/@93B/0:3B7B:3B6/B7A7<AC@/0:30G/@3>CB/0:3B7B:37<AC@/<131=;>/<G/BB63@35
C:/@@/B3A4@33/<21:3/@=4/:::73<A3<1C;0@/<13A/<23/A3;3<BA2E02=A6;45<D2C2? B634=::=E7<53F7AB7<52332@3AB@71B7=<A
67AB=@71>@3A3@D/B7=<@3AB@71B7=<A=@=@27</<13A0C7:27<5@3AB@71B7=<A=@27</<13A3/A3;3<BA=4@=/2A3/A3;3<BAD7A70:3C>=<B63
5@=C<23/A3;3<BA=4@31=@2/<2>@7D7:353A=@@756BA=4>C0:71A3@D7131=;>/<73A74/<G
CG3@E7::>/G4=@B634=::=E7<5'7B:3A3/@16B7B:37<AC@/<13/<2=@;316/<71AO:73<7<AC@/<13=@/<G4334=@1/<13::/B7=<
:==27<AC@/<1347@37<AC@/<136/H/@27<AC@/<13;7<3AC0A723<137<AC@/<13=@/<G4334=@1/<13::/B7=<>>@/7A/:433A
/<216/@53A>/727</2D/<13B=;=@B5/53:3<23@CG3@OA1CAB=;/@GA3BB:3;3<B1=ABA/<2/11@C/:A
<GAC@D3G=@AC@D3GA@3?C7@320GB63B7B:37<AC@/<131=;>/<G=@B63/0AB@/1B7<51=;>/<G4=@>@3>/@7<5/</23?C/B3:35/:
23A1@7>B7=<=4B63$@=>3@BG=@B631=@@31B7=<B63@3=4E7::03=0B/7<32/<2>/724=@0G&3::3@<GAC@D3G=@AC@D3GA23A7@320G
CG3@=@@3?C7@320GB63;=@B5/53:3<23@E7::03=0B/7<32/<2>/724=@0GCG3@
|
% ".42<3 |
<B633D3<B=4/16/<537<&3::3@OA47</<17/:AB/BCA/4431B7<5&3::3@OA/07:7BGB=1=<D3GB7B:3B=B63$@=>3@BG/AA3B4=@B67<B67A
5@33;3<B=<=@034=@3B63&3BB:3;3<B/B3=@/<G3FB3<A7=<B63@3=4&3::3@A6/::E7B67< 2/GA74<=BA>3174732<=B7
4GCG3@7<E@7B7<516/<537<47</<17/:AB/BCA7<1:C23A0CB7A<=B:7;7B32B=&3::3@47:7<50/<9@C>B1G47:7<5=4/4=@31:=AC@3
:/EAC7B/5/7<ABB63$@=>3@BG3<B@G=4/;=<3B/@G8C25;3<B/5/7<AB&3::3@<=B713=4>C0:71B/FA/:3/4431B7<5B63$@=>3@BG/<2
&3::3@:3/@<7<5B6/BB63A/:3>@713=4B63$@=>3@BG7A<=:=<53@AC447173<BB=A/B7A4G/:::73<A/<23<1C;0@/<13A/5/7<ABB63$@=>3@BG
<B633D3<B=4B6323/B6=4&3::3@B63@3>@3A3<B/B7D3=4B633AB/B3=@/AC@D7D7<5&3::3@A6/::7;;327/B3:G<=B74GCG3@
4&3::3@7AC</0:3B=57D35==2/<2;/@93B/0:3B7B:3B6/B7A7<AC@/0:30G/@3>CB/0:3B7B:37<AC@/<131=;>/<G/BB63@35C:/@@/B3A/A
A>31747327<$/@/5@/>6CG3@;/GB3@;7</B3B67A5@33;3<B0GE@7BB3<<=B713B=&3::3@E7B6/::23>=A7B;=<73A@3BC@<32B=
CG3@/11=@27<5B=B63B3@;A=4$/@/5@/>6=4B67A5@33;3<B(>=<B3@;7</B7=<&3::3@E7::@37;0C@A3CG3@4=@/<G1=ABA
7<1C@@320GCG3@4=@/<G7<A>31B7=<A=@13@B7471/B7=<A=0B/7<32/11=@27<5B=B63B3@;A=4B67A5@33;3<B/<24=@B6=A37B3;AA>31
747327<$/@/5@/>67B3;A/<27<$/@/5@/>6
#7:5/A;7<3@/:=@=B63@@756BA=4B67A$@=>3@BG;/G6/D3033<>@3D7=CA:G1=<D3G32=@:3/A32/<2&3::3@A;/93<=@3>@3A3<
B/B7=</0=CBB63AB/BCA=4B6=A3@756BAC<:3AA7<271/B323:A3E63@37<B67A5@33;3<B
!69.@.;16;2?.9$645A@112;1B:"$J<?:!6@.AA.0521.;1:.12=.?A<3A56@4?22:2;A
! !&)52?2==960./92
'& #(!"' !, "#' & #"),'%"&%" ( #% "&(% ' '' '# ' # " %'& # &($$#%' ("% |
|
"' ' &(% " &% #% %%% '# %"" ' #*"% #% #*"%& # &( # !, ) ' #!$ ' |
%' '# %!#) &( # " " '' #""'#"! !, %&( ' '# ' &(% # ' " " ",
#(&( " #% #'% &'%('(% #" #% " &( " '67A<=B7137AA3B4=@B67<B63;/<<3@>@=D72327<&31B7=<=4B63
1B=4C:G$ MCG3@/19<=E:3253AB6/B63;/G<=B03=0B/7<7<5B63@756B=4>@=B31B7=</5/7<ABAC0A723<13
@3AC:B7<54@=;1=/:;7<7<5=>3@/B7=<A/<2B6/BB63>@=>3@BG23A1@703263@37<;/G03>@=B31B324@=;2/;/532C3B=;7<3AC0
A723<130G/>@7D/B31=<B@/1BE7B6B63=E<3@A=4B6331=<=;717<B3@3ABA7<B631=/:'67A/19<= :3253;3<B7A;/234=@B63>C@
>=A3=41=;>:G7<5E7B6B63>@=D7A7=<A=4&31B7=<=4B637BC;7<=CA!7<3&C0A723<13/<2B63 /<2=<A3@D/B7=<1B=4>@7:
NCG3@/5@33AB=A75<B6323324@=;&3::3@E67162332E7::1=<B/7<B63/4=@3A/72>@=D7A7=<
'63$@=>3@BG7A<=B/M@31@3/B7=</:1/07<N/A2347<327<B63$3<<AG:D/<7/=<AB@C1B7=<=231BC<:3AA=B63@E7A3AB/B3263@3....
.......................................................................................................... |
|
'67A>@=>3@BG7A<=BAC0831BB=/$@7D/B3'@/<A43@33#0:75/B7=<C<:3AA=B63@E7A3AB/B3263@3 |
|
...................................................................................................... |
"?6C.A2&?.;@32?22112;1B:"$J<?:"&6@.AA.0521.;1:.12=.?A<3A56@4?22:2;A
<A602$24.?16;4"?6C.A2&?.;@32?22@<$3<<AG:D/<7/$@7D/B3'@/<A43@33A/@32347<32/<2@35C:/B327<B63$@7D/B3
'@/<A43@33#0:75/B7=<1B1B=4$/&KK3BA3?E67162347<3A/$@7D/B3'@/<A43@33/AM/433B6/B
7A>/G/0:3C>=<B63B@/<A43@=4/<7<B3@3AB7<@3/:>@=>3@BG=@>/G/0:34=@B63@756BB=;/93=@/113>BB63B@/<A43@74B63=0:7
5/B7=<B=>/GB63433=@16/@53@C<AE7B6B7B:3B=B63>@=>3@BG=@=B63@E7A307<2AAC0A3?C3<B=E<3@A=4>@=>3@BG@35/@2:3AA=4
E63B63@B63433=@16/@537A/47F32/;=C<B=@7A23B3@;7<32/A/>3@13<B/53=4B63D/:C3=4B63>@=>3@BGB63>C@16/A3>@713
=@=B63@1=<A723@/B7=<57D3<4=@B63B@/<A43@N$@7D/B3'@/<A43@33;CAB03>@=>3@:G@31=@232B=0307<27<5/<2A3::3@A;CAB
27A1:=A3B633F7AB3<13=4B63433AB=>@=A>31B7D30CG3@A*63@3/$@7D/B3'@/<A43@337A<=B>@=>3@:G@31=@232=@27A1:=A32
B631B57D3A13@B/7<@756BA/<2>@=B31B7=<AB=0CG3@A
& $%!!%%
&3::3@E7::;/7<B/7<B63$@=>3@BG5@=C<2A47FBC@3A/<2>3@A=</:>@=>3@BGA>317471/::G:7AB327<B67A5@33;3<B7<7BA>@3A3<B1=<
27B7=<<=@;/:E3/@/<2B3/@3F13>B32
&3::3@E7::>@=;>B:G<=B74GB63CG3@74/B/<GB7;3>@7=@B=B63B7;3=4A3BB:3;3<B/::=@/<G>=@B7=<=4B63$@=>3@BG7A23AB@=G32
=@2/;/532/A/@3AC:B=4/<G1/CA3E6/BA=3D3@
&3::3@03/@AB63@7 9=4:= 4@=;47@3=@=B63@1/AC/:B73AC<B7:A3BB:3;3<B4/<G>@=>3@BG7<1:C2327<B67AA/:37A23AB@=G32/<2
<=B@3>:/132CG3@E7::
113>BB63$@=>3@BG7<7B B63<1C@@3<B1=<27B7=<B=53B63@E7B6B63>@=1332A=4/<G7<AC@/<13@31=D3@G=0B/7</0:30G&3::3@#%
'3@;7</B3B67 5@33;3<B0GE@7BB3<<=B713B=&3::3@E7B6/::23>=A7B;=<73A@3BC@<32B=CG3@/11=@27<5B=B63B3@;A=4
$/@/5@/>6=4B67 5@33;3<B
$!$
'67A5@33;3<BE7::<=B03@31=@2327<B63#44713=4B63%31=@23@=4332A=@7</<G=B63@=44713=@>:/13=4>C0:71@31=@24CG3@
1/CA3A=@>3@;7BAB67A5@33;3<BB=03@31=@232&3::3@;/G3:31BB=B@3/BAC16/1B/A/234/C:B=4B67A5@33;3<B
%% &
'67A5@33;3<B7A07<27<5C>=<B63>/@B73AB637@637@A>3@A=</:@3>@3A3<B/B7D3A5C/@27/<A/<2AC113AA=@A/<2B=B633FB3<B/AA75<
/0:3=<B63/AA75<A=4B63>/@B73A63@3B=CG3@E7::<=BB@/<A43@=@/AA75<B67A5@33;3<BE7B6=CBB63E@7BB3<1=<A3<B=4&3::3@C<:3AA
=B63@E7A3AB/B327<B67A5@33;3<BAA75<;3<B=4B67A5@33;3<B;/G@3AC:B7</227B7=</:B@/<A43@B/F3A
!($ )( ' "$%! '$%&!
'63D/:727BG/<21=<AB@C1B7=<=4B67A5@33;3<B/<2B63@756BA/<22CB73A=4B63>/@B73AE7::035=D3@<327</11=@2/<13E7B6B63
:/EA=4B63=;;=<E3/:B6=4$3<<AG:D/<7/
'63>/@B73A/5@33B6/B/<G27A>CB31=<B@=D3@AG=@1:/7;/@7A7<5C<23@=@7<1=<<31B7=<E7B6B67A5@33;3<B=@7BA>3@4=@;/<130G37B63@
>/@BGAC0;7BB32B=/1=C@BA6/::0347:323F1:CA7D3:G0G/<27<B63AB/B3=@4323@/:1=C@BAA7BB7<57<B63=;;=<E3/:B6=4$3<<AG:D/<7/
&3::3@C<23@AB/<2AB6/B/<G2=1C;3<B/B7=<>@=D7232C<23@B67A>@=D7A7=<;/G0327A1:=A32B=B63<B3@</:%3D3<C3&3@D7130G
CG3@/<2B6/B/<G4/:A3AB/B3;3<BA1=<B/7<32B63@37<1=C:2@3AC:B7<>C<7A6;3<B0G47<37;>@7A=<;3<B=@0=B6
!&$$ ! (&%*! $% %)
'63$3<<AG:D/<7/3<3@/:AA3;0:G6/A>/AA32:357A:/B7=<=4B3<@343@@32B=/AM!35/<OA /EN$/&K3BA3?>@=D72
7<54=@1=;;C<7BG<=B7471/B7=<=4B63>@3A3<13=413@B/7<1=<D71B32A3F=443<23@ABF2?@.?22;0<B?.421A<0<;A.0AA52:B;606
% ".42<3 |
=.9=<960212=.?A:2;A<?A52"2;;@F9C.;6.%A.A2"<9602 4=@7<4=@;/B7=<@3:/B7<5B=B63>@3A3<13=4A3F=443<23@A<3/@/>/@B71C:/@
>@=>3@BG=@B=16319B637<4=@;/B7=<=<B63$3<<AG:D/<7/&B/B3$=:713*30A7B3/BEEE>/;35/<A:/EAB/B3>/CA
$&&! ! ! !$ &$%&
&3::3@% /4=@375<>3@A=<4=@375<1=@>=@/B7=<4=@375<>/@B<3@A67>4=@375<B@CAB=@4=@375<3AB/B3AC0831BB=&31B7=<=4B63
<B3@</:%3D3<C3=23E6716>@=D723AB6/B/B@/<A43@33CG3@=4/(&@3/:>@=>3@BG7<B3@3AB;CABE7B66=:2B/F74B63B@/<A
43@=@&3::3@7A/4=@375<>3@A=<
&3::3@7A !& /4=@375<>3@A=<4=@375<1=@>=@/B7=<4=@375<>/@B<3@A67>4=@375<B@CAB=@/4=@375<3AB/B3/A2347<320GB63
<B3@</:%3D3<C3=23=@7A=B63@E7A3<=BAC0831BB=B63B/FE7B66=:27<5@3?C7@3;3<BA=4&31B7=<=4B63<B3@</:%3D3<C3
=23'=7<4=@;CG3@B6/BB63E7B66=:27<5=4B/F7A<=B@3?C7@32C>=<B63A/:327A>=A7B7=<=4B63$@=>3@BG0G&3::3@&3::3@63@3
0G/5@33AB=4C@<7A6CG3@/B=@034=@31:=A7<5E7B6B634=::=E7<5
</4472/D7BAB/B7<5C<23@>3</:BG=4>3@8C@GB63&3::3@OA(&B/F>/G3@723<B7471/B7=<<C;03@/<2B6/BB63&3::3@7A<=B/4=@
375<>3@A=<
M?C/:74G7<5AB/B3;3<BN/A2347<320GAB/BCB3B6/BB/FE7B66=:27<57A<=B@3?C7@320GCG3@
#B63@ ..........................................................................................
$"$% &&! %
::@3>@3A3<B/B7=<A1:/7;A/2D3@B7A7<5>@=;=B7=</:/1B7D7B73A0@=16C@3A=@>:/<A=4/<G97<2;/230G&3::3@@=93@AB637@
:713<A33A 3;>:=G33A =44713@A =@ >/@B<3@A /@3 <=B / >/@B =4 B67A 5@33;3<B C<:3AA 3F>@3AA:G 7<1=@>=@/B32 =@ AB/B32 7< B67A
5@33;3<B'67A5@33;3<B1=<B/7<AB63E6=:3/5@33;3<B03BE33<&3::3@/<2CG3@/<2B63@3/@3<==B63@B3@;A=0:75/B7=<A
1=D3</<BA @3>@3A3<B/B7=<A AB/B3;3<BA =@ 1=<27B7=<A =@/: =@ =B63@E7A3 =4 /<G 97<2 6/BA=3D3@ 1=<13@<7<5 B67A A/:3 '67A |
5@33;3<BE7::<=B03/:B3@32/;3<23216/<532=@;=2747323F13>B7<E@7B7<53F31CB320GB63>/@B73A
@=93@A6/D3>@=D7232=@;/G>@=D723A3@D713AB=/AA7ABC<@3>@3A3<B32>/@B73A7<1=;>:G7<5 7B6B67A5@33;3<B
$!$ &!
CG3@/<2&3::3@@3>@3A3<BB6/BB63=<:G@=93@A7<D=:D327<B67AB@/<A/1B7=</@3......................................
...................................................................................................... |
|
...................................................................................................... |
/<2B6/BB63B@/<A/1B7=<6/A<=B033<0@=C56B/0=CBB6@=C56B63344=@BA=4/<G=<3=B63@B6/<A/72@=93@AB7A/5@332B6/B74/<G
1:/7;A4=@0@=93@/531=;;7AA7=<A=@433A/@33D3@;/23/5/7<ABCG3@=@&3::3@7<1=<<31B7=<E7B6B67AB@/<A/1B7=<3/16>/@BG
A6/::>/G7BA=E<:35/:433A/<21=ABA7<1=<<31B7=<E7B6AC161:/7;AB7A4C@B63@/5@332B6/BCG3@/<2&3::3@/5@33B=7<23;
<74G/<26=:26/@;:3AA3/16=B63@/<2B63/0=D3:7AB32@=93@A4@=;/<2/5/7<ABB63<=<>3@4=@;/<13=4B67A5@33;3<B0G37B63@
>/@BG/<24@=;/<G1:/7;=4:=AA=@1:/7;4=@0@=93@/531=;;7AA7=<A7<1:C27<5/:::35/:433A/<21=ABAB6/B;/G03;/230G
/<G>3@A=<=@3<B7BG'67A>/@/5@/>6A6/::AC@D7D3A3BB:3;3<B
&3::3@/<2CG3@/19<=E:3253B6/B/<G@=93@723<B747327<B67A5@33;3<B A/:713<A32@3/:3AB/B30@=93@PPA<=B/<
3F>3@B7<1=<AB@C1B7=<3<57<33@7<51=23=@@35C:/B=@G1=;>:7/<13=@3<D7@=<;3<B/:;/BB3@A/<2E/A<=B3<5/532B=>@=D723
/2D713=@5C72/<137<AC16;/BB3@AC<:3AA=B63@E7A3AB/B327<E@7B7<5/<2 /A<=B;/23/<2E7::<=B;/93/<G@3>@3A3<B/
B7=<A=@E/@@/<B73A<=@1=<2C1B7<D3AB75/B7=<A=4B633<D7@=<;3<B/:1=<27B7=<=@AC7B/07:7BG=4B63$@=>3@BG=@/<G/28/13<B>@=>
3@BG7<1:C27<50CB<=B:7;7B32B=B6=A31=<27B7=<A:7AB327<$/@/5@/>6
'&&$ &! $&'$ !"!%&%
*63@3CG3@B3@;7</B3AB67A5@33;3<B>C@AC/<BB=/<G@756B5@/<B320GB67A5@33;3<BCG3@E7::033<B7B:32B=/@3BC@<=4/::
23>=A7B;=<73A>/72=</11=C<B=4$C@16/A3$@713>C@AC/<BB=B63B3@;A=4$/@/5@/>6/<2B67A5@33;3<BE7::03)#
'3@;7</B7=<=4B67A5@33;3<B;/G=11C@4=@=B63@@3/A=<A57D7<5@7A3B=1:/7;A0GCG3@/<2=@&3::3@4=@B6323>=A7B;=<73A
%35/@2:3AA=4B63/>>/@3<B3<B7B:3;3<BB=23>=A7B;=<73A$3<<AG:D/<7/:/E2=3A<=B/::=E/@=93@6=:27<523>=A7B;=<73AB=
23B3@;7<3E6=7A3<B7B:32B=B6323>=A7B;=<73AE63<A3BB:3;3<B2=3A<=B=11C@@=93@1/<=<:G@3:3/A3B6323>=A7B;=<73A
4B67A5@33;3<B7 B3@;7</B32>@7=@B= 3BB:3;3<B/<2B63@37A<=27A>CB3=D3@3<B7B:3;3<BB=B6323>=A7B;=<73AE@7BB3<
/5@33;3<B 75<320G0=B6>/@B73 7 3D723<13B6/BB63@37A<=27A>CB3@35/@27<523>=A7B;=<73A
4/4B3@@=93@6/ @3137D3223>= 7B;=<73 @=93@@3137D3A/E@7BB3</5@33;3<BB6/B7AA75<320GCG3@/<2&3::3@27@31B
7<5@=93@6=EB=27 B@70CB3 =;3=@/::=4B6323>=A7B;=<73A
11=@27<5B=B63B3@; =4/47</:=@23@=41=C@B
11=@27<5B=B63B3@; =4/>@7=@E@7BB3</5@33;3<B03BE33<CG3@/<2&3::3@B6/B27@31BAB63@=93@6=EB=27AB@70CB3B63
23>=A7B;=<73 74B63@37 /27 >CB303BE33<B63>/@B73AB6/B7A<=B@3A=:D32&33$/@/5@/>6
CG3@/<2&3::3@/5@33B6/B74B63@37A/27A>CB3=D3@B633<B7B:3;3<BB=23>=A7B;=<73AB6/B7AC<@3A=:D32 |
......2/GA74<=B |
A>31747322/GA/4B3@B63&3BB:3;3<B/B3AB/B327<$/@/5@/>6=@/<GE@7BB3<3FB3<A7=<AB63@3=4B63@=93@6=:27<5B6323>=A7B
;=<73AE7::E7B67<2/GA=4@3137>B=4CG3@OAE@7BB3<@3?C3AB27AB@70CB3B6323>=A7B;=<73AB=CG3@C<:3AAB63@=93@7A7<
@3137>B=4D3@747/0:3E@7BB3<<=B713B6/BB6327A>CB37AB63AC0831B=4:7B75/B7=<4@=93@6/A@3137D32D3@747/0:3E@7BB3<<=B713=4:7B
75/B7=<>@7=@B=B63@3137>B=4CG3@OA@3?C3AB4=@27AB@70CB7=<@=93@E7::1=<B7<C3B=6=:2B6323>=A7B;=<73AC<B7:@3137>B=4/
E@7BB3<27AB@70CB7=</5@33;3<B03BE33<CG3@/<2&3::3@=@/47</:1=C@B=@23@CG3@/<2&3::3@/@3/2D7A32B=7<7B7/B3:7B75/B7=<4=@
/<G>=@B7=<=4B6323>=A7B;=<73A>@7=@B=/<G27AB@70CB7=<;/230G@=93@>C@AC/<BB=B67A>/@/5@/>6CG3@/<2&3::3@/5@33B6/B
B6327AB@70CB7=<=423>=A7B;=<73A0/A32C>=<B63>/AA/53=4B7;32=3A<=B:35/::G23B3@;7<33<B7B:3;3<BB=23>=A7B;=<73A/<2
B6/BB63>/@B73A;/7<B/7<B637@:35/:@756BAB=>C@AC3:7B75/B7=<3D3</4B3@/27AB@70CB7=<7A;/23
CG3@/<2&3::3@/5@33B6/B@=93@E6=6=:2A=@27AB@70CB3A23>=A7B;=<73A>C@AC/<BB=B63B3@;A=4$/@/5@/>6=@$3<<AG:D/<7/
:/EE7::<=B03:7/0:3CG3@/<2&3::3@/5@33B6/B74/<G@=93@=@/447:7/B32:713<A337A</;327<:7B75/B7=<@35/@27<523>=A7B
;=<73AB63/BB=@<3GAO433A/<21=ABA=4B63@=93@A/<2:713<A33AE7::03>/720GB63>/@BG</;7<5B63;7<:7B75/B7=<
&3::3@6/AB63=>B7=<=4@3B/7<7<5/::AC;A>/720GCG3@7<1:C27<5B6323>=A7B;=<73AA6=C:2CG3@
/7:B=;/93/<G/227B7=</:>/G;3<BA/AA>31747327<$/@/5@/>6#%
C@<7A6 4/:A3 =@ 7<1=;>:3B3 7<4=@;/B7=< B= &3::3@ @=93@A =@ /<G =B63@ >/@BG 723<B74732 7< B67A5@33;3<B 1=<13@<7<5
|
% ".42<3 |
CG3@OA:35/:=@47</<17/:AB/BCA#%
)7=:/B3=@4/7:B=4C:47::/<2>3@4=@;/<G=B63@B3@;A=@1=<27B7=<A=4B67A5@33;3<B
';92@@<A52?D6@205208216;".?.4?.=5 &3::3@;/G3:31BB=@3B/7<B6=A3AC;A>/720GCG3@7<1:C27<523>=A7B;=<73A
#</11=C<B=4>C@16/A3>@713#%
A;=<73AB=03/>>:732B=&3::3@OA2/;/53A#%
A:7?C72/B322/;/53A4=@AC16234/C:B
%$%&&!$& %'%"+'+$ ' "!%&! %%#'&
%
4&3::3@@3B/7<A/::AC;A>/720GCG3@7<1:C27<523>=A7B;=<73A/A:7?C72/B322/;/53A>C@AC/<BB=$/@/5@/>6=@
CG3@/<2&3::3@/@3@3:3/A324@=;4C@B63@:7/07:7BG=@=0:75/B7=</<2B67A5@33;3<B7A)#
@=93@A/<2:713<A33A/@3<=B@3A>=<A70:34=@C<>/7223>=A7BA
$&$&! !%"'&%
CG3@/<2&3::3@/5@33B=/@07B@/B3/<G27A>CB303BE33<B63;B6/B1/<<=B03/;71/0:G@3A=:D324B3@E@7BB3<23;/<24=@/@07B@/B7=<
0G37B63@CG3@=@&3::3@3/16>/@BGE7::A3:31B/1=;>3B3<B/<227A7<B3@3AB32/@07B@/B=@'63BE=A=A3:31B32E7::A3:31B/B67@24
A3:31B7=<=4B63B67@2/@07B@/B=@1/<<=B03/5@332C>=<E7B67<2/GA37B63@>/@BG;/G@3?C3ABB6/BA3:31B7=<03;/230G/8C253=4
/1=C@B=4@31=@27<B631=C<BG7<E6716/@07B@/B7=<7A>3<27<5/16>/@BGE7::>/G7BA16=A3</@07B@/B=@/<203/@3?C/::G3F>3<A3A
4=@B63B67@2/<2/::=B63@3F>3<A3A=4/@07B@/B7=<@07B@/B7=<E7::031=<2C1B327</11=@2/<13 7B6B63>@=D7A7=<A=4$3<<AG:D/<7/
=;;=< /E@07B@/B7=<$/&Ket seq. '67A/5@33;3<BB=/@07B@/B327A>CB3A/@7A7<54@=;B67A5@33;3<B 7::AC@D7D3
A3BB:3;3<B
$%
BF2??292.@2@>B6A09.6:@.;13<?2C2?16@05.?42@%$$!$%A526? %%"!+%.;1.;F |
!$<?"$& $<3.;F<;2<3A52:.;1.;F<A52?"$%! $<?!$"!$&! D5<:.F/296./92/F<?
A5?<B45A52:3?<:.;F.;1.9909.6:@9<@@2@<?12:.;1@ 7<1:C27<50CB<=B:7;7B32B=>3@A=</:7<8C@G/<2>@=>3@BG2/;/53/<2
/::=4B631=<A3?C3<13AB63@3=4E63B63@9<=E<=@<=BE6716;/G/@7A34@=;B63>@3A3<13=4B3@;7B3A=@=B63@E==20=@7<57<A31BA
@/2=<:3/20/A32>/7<B6/H/@2A;=:24C<57=@7<2==@/7@?C/:7BG3<D7@=<;3<B/:6/H/@2A/<G23431BA7<B637<27D72C/:=<:=BA3E/53
27A>=A/:AGAB3;=@2347173<173A7<B63=<A7B3E/B3@A3@D713AGAB3;=@/<G23431BA=@1=<27B7=<A=<B63$@=>3@BG&6=C:2&3::3@037<
234/C:BC<23@B63B3@;A=4B67A5@33;3<B=@7<D7=:/B7=<=4/<G&3::3@27A1:=AC@3:/E=@@35C:/B7=<B67A@3:3/A32=3A<=B23>@7D3CG3@
=4/<G@756BB=>C@AC3/<G@3;3273AB6/B;/G03/D/7:/0:3C<23@:/E=@3?C7BG'67A@3:3/A3E7::AC@D7D3A3BB:3;3<B
$%&&$!($+'
%3/:AB/B3%31=D3@GC<23F7ABAB=@37;0C@A3/<G>3@A=<AE6=6/D3=0B/7<32/47</:17D7:8C25;3<B/5/7<AB/$3<<AG:D/<7/@3/:
3AB/B3:713<A33=@/:713<A33OA/447:7/B3A=E7<5B=4@/C2;7A@3>@3A3<B/B7=<=@23137B7</@3/:3AB/B3B@/<A/1B7=</<2E6=6/D3033<
C</0:3B=1=::31BB638C25;3<B/4B3@3F6/CAB7<5/:::35/:/<23?C7B/0:3@3;3273A=@1=;>:3B323B/7:A/0=CBB63C<21/::
=@E7B67<$3<<AG:D/<7//<2=CBA723$3<<AG:D/<7/
!' &! %)&'+$ !$%$
*63@3D3@B67A5@33;3<B1=<B/7<A/>@=D7A7=<B6/B@3?C7@3A=@/::=EA1=;;C<71/B7=<23:7D3@GB=/CG3@B6/B>@=D7A7=<A6/::03A/B
7A47320G1=;;C<71/B7=<23:7D3@GB=B63@=93@4=@CG3@74/<G2E02=AD52?2?2>B6?21/F9.D 4B63@37A<=@=93@4=@CG3@B6=A3
>@=D7A7=<A;/G03A/B7A4732=<:G0G1=;;C<71/B7=<23:7D3@G037<5;/2327@31B:GB=B63CG3@C<:3AA=B63@E7A3/5@332B=0GB63>/@
B73A*63@3D3@B67A5@33;3<B1=<B/7<A/>@=D7A7=<B6/B@3?C7@3A=@/::=EA1=;;C<71/B7=<23:7D3@GB=/&3::3@B6/B>@=D7A7=<A6/::03
A/B7A47320G1=;;C<71/B7=<23:7D3@GB=B63@=93@4=@&3::3@74/<G4B63@37A<=@=93@4=@&3::3@B6=A3>@=D7A7=<A;/G03A/B7A4732
=<:G0G1=;;C<71/B7=<23:7D3@G037<5;/2327@31B:GB=B63&3::3@C<:3AA=B63@E7A3/5@332B=0GB63>/@B73A
!&!$%
(<:3AA=B63@E7A3AB/B327<E@7B7<5CG3@/<2&3::3@/19<=E:3253B6/B@=93@A/@3<=B3F>3@BA7<:35/:=@B/F;/BB3@A/<2B6/B@=93@A
6/D3<=B;/23<=@E7::B63G;/93/<G@3>@3 3<B/B7=<A=@E/@@/<B73A<=@1=<2C1B@3A3/@16=4B63:35/:=@B/F@/;7471/B7=<A=4B67A
5@33;3<BCG3@/<2&3::3@/19<=E:3253B6/B@=93@A6/D3/2D7A32B63;B=1=<AC:B/<2@3B/7<3F>3@BA1=<13@<7<5B63:35/:/<2B/F
34431BA=4B67A5@33;3<B/<2B631=;>:3B7=<=4B63 /:3/AE3::/AB631=<27B7=</<2=@:35/:7BG=4B63$@=>3@BG7<1:C27<50CB<=B
:7;7B32B=B63$@=>3@BGO 7;>@=D3;3<B 3?C7>;3<B =7:B3</<173AB7B:3/<23<D7@=<;3<B/:/A>31BACG3@/<2&3::3@/19<=E:3253
@3137>B=4/1=>G=4B67 5@33;3<B/BB63B7;3=4 75<7<5&56@4?22:2;A:.F/22E20BA216;<;2<?:<?20<B;A2?=.?A@3/16=4
E6716A6/::03233;32B=03/<=@757</:/<2E67161=C<B3@>/@BAB=53B63@A6/::1=<AB7BCB3=<3/<2B63A/;35@33;3<B=4B63$/@B73A
) % &%$ &% ! &$&%3BC@<=4B67A5@33;3<B/<2/<G/223<2//<2/;3<2
;3<BA7<1:C27<5?2AB?;/F2920A?<;60A?.;@:6@@6<;03/@7<5B63A75</BC@3A=4/::>/@B73A1=<AB7BCB3A/113>B/<130GB63>/@B73A
%"'%%
&523<99<D6;4.?2=.?A<3A56@4?22:2;A630520821
>>@/7A/:=<B7<53<1G223<2C;B=5@33;3<B=4&/:3$%Q=@;
&6=@B&/:3223<2C;B=5@33;3<B=4&/:3$%Q=@;Q&&
....................................................................................................
....................................................................................................
....................................................................................................
% ".42<3 |
116A6<;.9&2?:@
............CG3@6/A@3137D32B63=<AC;3@"=B713E63@3/>>:71/0:3/A/2=>B320GB63&B/B3%3/:AB/B3=;;7AA7=</B$/
=23K
CG3@6/A@3137D32/AB/B3;3<B=4CG3@OA3AB7;/B321:=A7<51=ABA034=@3A75<7<5B67A5@33;3<B |
||
CG3@6/A@3137D32B633>=A7B!=<3G"=B7134=@1==>3@/B7D3A/:3AE63<@=93@4=@&3::3@7A6=:27<523>=A7B;=<3G |
034=@3A75<7<5B67A5@33;3<B
'+$ |
|||
!/7:7<522@3AA |
|
||
$6=<3A |
/F |
......................... ;/7: |
|
'+$ |
|||
!/7:7<522@3AA |
|
||
$6=<3A |
/F |
......................... ;/7: |
|
'+$ |
|||
!/7:7<522@3AA |
|
||
$6=<3A |
/F |
......................... ;/7: |
|
'&!$,$"$% &&(
!" +
&3::3@6/A@3137D32B63=<AC;3@"=B713E63@3/>>:71/0:3/A/2=>B320GB63&B/B3%3/:AB/B3=;;7AA7=</B$/=23K
&3::3@6/A@3137D32/ B/B3;3<B=4&3::3@O 3 B7;/B321:= 7<51=ABA034=@3A75<7<5B67A5@33;3<B
(!' &$+&$ %$!!$"!$&%%&%74/>>:71/0:3 '63C<23@A75<32/19<=E:3253AB6/B63A637A/CB6=@7H320G
B63=/@2=47@31B=@ B= 75<B67 5@33;3<B=<036/:4=4B63&3::3@1=@>=@/B7=</<2B6/BB67AA/:32=3A<=B1=<AB7BCB3/A/:3:3/A3=@
3F16/<53=4/::=@AC0 B/<B7/::G/::B63>@=>3@BG/<2/ 3BA=4B631=@>=@/B7=<AC16/AE=C:2@3?C7@3B63/CB6=@7H/B7=<=@1=<A3<B=4B63
A6/@36=:23@A>C@AC/<BB=$&K
%$ |
|||
!/7:7<522@3AA |
|
||
$6=<3A |
/F |
......................... ;/7: |
|
%$ |
|||
!/7:7<522@3AA |
|
||
$6=<3A |
/F |
......................... ;/7: |
|
%$ |
|||
!/7:7<522@3AA |
|
||
$6=<3A |
/F |
......................... ;/7: |
|
'&!$,$"$% &&(
!" +
% ".42<3