25-784 Cooperative Purchase Agreement — Fresno City Council, June 12, 2025

GSD-S Formal Cooperative Purchase Agreement (06-2023)
-1-

FORMAL COOPERATIVE PURCHASE AGREEMENT
THIS AGREEMENT (Agreement) is made and entered into EFFECTIVE ____________________________. by and between CITY OF FRESNO, a California municipal corporation (City), and Quinn Company , a &DOLIRUQLD&RUSRUDWLRQ (Vendor).

AGREEMENT
NOW, THEREFORE, in consideration of the foregoing and of the covenants, conditions, and promises hereinafter contained to be kept and performed by the respective parties, it is mutually agreed as follows:

1. The Charter for the City allows for cooperative purchase agreements for materials, supplies, equipment, and publicwork of improvement. The City is allowed to piggyback an existing governmentagency’sagreement,under Fresno City Charter 1208. The parties agree the Vendor was the lowest responsive and responsible bidder for Invitation for Bid (IFB) issued bySourcewell Contract 032119-CAT.The IFB is attached hereto as Exhibit A and is incorporated herein by reference. The Parties agree that &DWHUSLOODU,QF has entered a Cooperative Purchase Contract with 6RXUFHZHOO (Original Government Contract). 9HQGRU LV WKH UHJLRQDO GLVWULEXWRU IRU &DWHUSLOODU ,QF LQ WKLV DUHD DQGLVHQWHULQJLQWRWKLVDJUHHPHQWDVDQDXWKRUL]HGGLVWULEXWR URI&DWHUSLOODU,QF

2. Vendor’s Obligation. Vendor shall provide those services and carry out that work described in the Original Government Contract, which is attached hereto as Exhibit B and is incorporated herein by reference, subject to all the terms and conditions contained or incorporated herein.

3. City’s Obligation. City shall make to the Vendor those payments describedin Exhibits A and B, subject to all the terms and condition contained or incorporatedherein

4. Notwithstanding the requirements that the Original Government Contract isfully binding on the Parties, the parties have agreed to modify certain provisions of the Original Government Contract as applied to this Agreement between the Vendor and the City, as follows:

D
City’s Insurance and Indemnity provisions attached as Exhibit &.

Address change for the City: Notwithstanding the address and
contract information for the government entity as set out in Exhibit B, the Vendor agrees that notices and invoices will be sent to:

City of Fresno
Attention: Miguel Ramirez
2101 G Street, Bldg F
Fresno, Ca. 93706
Phone: 559-621-1126
FAX:
c) Notwithstanding anything in Exhibits A and B to the contrary, this Agreement shall be governed by, and construed and enforced in accordance with , the

GSD-S Formal Cooperative Purchase Agreement (06-2023)
-2-
laws of the State of California, excluding ho wever, any conflict of laws rule which would apply the law of another jurisdiction. Venue for purposes of the filing of any action regarding the enforcement or interpretation of this Agreement and any rights and duties hereunder shall be Fresno County, California.
d) All other provisions in the Original Government Contract are fully binding on the parties and will represent the agreement between the City and the Vendor. [Signatures follow on the next page.]

GSD-S Formal Cooperative Purchase Agreement (06-2023)
-3-
IN WITNESS WHEREOF, the parties have executed this Agreement at Fresno, California, the day and year first above written.

CITY OF FRESNO,
a California municipal corporation
By:

Melissa Perales
Purchasing Manager
General Services Department
No signature of City Attorney required.

Standard Document #GSD-S Formal
Cooperative Purchase Agreement
(10-2022) has been used without
modification, as certified by the
undersigned.

By:

ATTEST:

TODD STERMER, CMC
City Clerk
By:

Date
Deputy
Addresses:

CITY
City of Fresno
Attention: Melissa Perales
2101 G Street, Bldg. A
Fresno, Ca. 93706
Phone: (559) 621-1332
E-mail: Melissa.Perales
@fresno.gov
Quinn Company , a&DOLIRUQLD&RUSRUDWLRQ
By:

Name:

Title:
(If corporation or LLC., Board Chair,
Pres. or Vice Pres.)
By:

Name:

Title:
(If corporation or LLC., CFO, Treasurer,
Secretary or Assistant Secretary)
Vendor:

Quinn Company
Attention: Scott Fishel
PO Box 12625
Fresno, CA 93778
Phone: 559-896-4040
E-mail: [email protected]
Attachments:

Exhibit A - Invitation For Bids
Exhibit B - Original Government Contract
Exhibit C - City’s Insurance and Indemnity

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CONTRACT ACCEPTANCE AND AWARD

(Top portion of this form will be completed by Sourcewell if the vendor is awarded a contract. The vendor should complete the vendor authorized signatures as part of the RFP response.) Sourcewell Contract #: 032119-XXX
Proposer’s full legal name: TBD
Based on Sourcewell’s evaluation of your proposal, you have been awarded a contract. As an awarded vendor, you agree to provide the products and services contained in your proposal and to meet all of the terms and conditions set forth in this RFP, in any amendments to this RFP, and in any exceptions that are accepted by Sourcewell.

The effective date of the Contract will be MM DD, YYYY and will expire on MM DD, YYYY (no later than the later of four years from the expiration date of the currently awarded contract or four years from the date that the Sourcewell Chief Procurement Officer awards the Contract). This Contract may be extended for a fifth year at Sourcewell’s discretion.

Sourcewell Authorized Signatures:
_____________________________________________ Jeremy Schwartz

SOURCEWELL DIRECTOR OF COOPERATIVE CONTRACTS (NAME PRINTED OR TYPED)

AND PROCUREMENT/CPO SIGNATURE
_____________________________________________ Chad Coauette

SOURCEWELL EXECUTIVE DIRECTOR/CEO SIGNATURE (NAME PRINTED OR TYPED) Awarded on MM DD, YYYY Sourcewell Contract # 032119-XXX ------------------------------------------------------------------------------------------------------------------------------- -------------------------------------- Vendor Authorized Signatures:

The Vendor hereby accepts this Contract award, including all accepted exceptions and amendments.

Vendor Name _____________________________________________________________________ Authorized Signatory’s Title _________________________________________________________ _____________________________________________ _____________________________________________

VENDOR AUTHORIZED SIGNATURE (NAME PRINTED OR TYPED) Executed on _____________, 20___ Sourcewell Contract # 032119-XXX

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,ĂǁĂŝŝ /ĚĂŚŽ KƌĞŐŽŶ ^ŽƵƚŚĂƌŽůŝŶĂ hƚĂŚ tĂƐŚŝŶŐƚŽŶ
ŽƵŶƚǇ ŽƵŶƚǇ ŽƵŶƚǇ ŽƵŶƚǇ ŽƵŶƚǇ ŽƵŶƚǇ
,ĂǁĂŝŝŽƵŶƚǇ ĚĂŽƵŶƚǇ ĂŬĞƌŽƵŶƚǇ ďďĞǀŝůůĞŽƵŶƚǇ ĞĂǀĞƌŽƵŶƚ Ǉ ĚĂŵƐŽƵŶƚǇ <ĂƵĂŝŽƵŶƚǇ ĚĂŵƐŽƵŶƚǇ ĞŶƚŽŶŽƵŶƚǇ ŝŬĞŶŽƵŶƚǇ Žǆ ůĚĞƌŽƵŶ ƚǇ ƐŽƚŝŶŽƵŶƚǇ
DĂƵŝŽƵŶƚǇ ĂŶŶŽĐŬŽƵŶƚǇ ĞŶƚƌĂůKƌĞŐŽŶ/ŶƚĞƌŐŽǀĞƌŶŵĞŶƚĂůŽƵŶĐ ŝů ůůĞŶĚĂůĞŽƵŶƚǇ ĂĐŚĞŽƵŶƚǇ ĞŶƚŽŶŽƵŶƚǇ DƵŶŝĐŝƉĂůŝƚǇ ĞĂƌ>ĂŬĞŽƵŶƚǇ ůĂĐŬĂŵĂƐŽƵŶƚǇ ŶĚĞƌƐŽŶŽƵŶƚǇ ĂƌďŽŶŽƵŶƚǇ ŚĞ ůĂŶŽƵŶƚǇ ŝƚǇĂŶĚŽƵŶƚǇŽĨ,ŽŶŽůƵůƵ ĞŶĞǁĂŚŽƵŶƚǇ ůĂĐŬĂŵĂƐŽƵŶƚǇ^Ğƌǀŝ ĐĞŝƐƚƌŝĐƚEŽ͘ϭ ĂŵďĞƌŐŽƵŶƚǇ ĂŐŐĞƚƚŽƵŶƚǇ ůĂůůĂŵŽƵŶƚǇ ,ŝŐŚĞƌ
ĚƵĐĂƚŝŽŶ ŝŶŐŚĂŵŽƵŶƚǇ ůĂƚƐŽƉŽƵŶƚǇ ĂƌŶǁĞůůŽƵŶƚǇ ĂǀŝƐŽƵŶƚǇ ůĂƌŬŽ ƵŶƚǇ ,ĂǁĂŝŝŽŵŵƵŶŝƚǇŽůůĞŐĞ ůĂŝŶĞŽƵŶƚǇ ŽůƵŵďŝĂŽƵŶƚǇ ĞĂƵĨŽƌƚŽ ƵŶƚǇ ƵĐŚĞƐŶĞŽƵŶƚǇ ŽůƵŵďŝĂŽƵŶƚǇ ,ŽŶŽůƵůƵŽŵŵƵŶŝƚǇŽůůĞŐĞ ŽŝƐĞŽƵŶƚǇ ŽŽƐŽƵŶƚǇ ĞƌŬĞůĞǇŽƵŶƚ Ǉ ƵĐŚĞƐŶĞŽƵŶƚǇ^ƉĞĐŝĂů^ĞƌǀŝĐĞŝƐƚƌŝĐƚEŽ͘Ϯ ŽǁůŝƚǌŽƵŶƚǇ hŶŝǀĞƌƐŝƚǇŽĨ,ĂǁĂŝŝ ŽŶŶĞƌŽƵŶƚǇ ƌŽŽŬŽƵŶƚǇ ĂůŚŽƵŶŽƵŶƚǇ ŵĞƌ ǇŽƵŶƚǇ ŽƵŐůĂƐŽƵŶƚǇ
hŶŝǀĞƌƐŝƚǇŽĨ,ĂǁĂŝŝZĞƐĞĂƌĐŚŽƌƉŽƌĂƚŝŽŶ ŽŶŶĞǀŝůůĞŽƵŶƚǇ ƵƌƌǇ ŽƵŶƚǇ ĂƚĂǁďĂZĞŐŝŽŶĂůŽƵŶĐŝůŽĨ'ŽǀĞƌŶŵĞŶƚƐ &ŝǀĞŽƵŶƚǇƐƐŽĐ ŝĂƚŝŽŶŽĨ'ŽǀĞƌŶŵĞŶƚƐ &ĞƌƌǇŽƵŶƚǇ tŝŶĚǁĂƌĚŽŵŵƵŶŝƚǇŽůůĞŐĞ ŽƵŶĚĂƌǇŽƵŶƚǇ ĞƐĐŚƵƚĞƐŽƵŶƚǇ ĞŶƚƌĂ ůDŝĚůĂŶĚƐŽƵŶĐŝůŽĨ'ŽǀĞƌŶŵĞŶƚƐ 'ĂƌĨŝĞůĚŽƵŶƚǇ &ƌĂŶŬůŝŶŽƵŶƚǇ

ĚƵĐĂƚŝŽŶ;<ͲϭϮͿ ƵƚƚĞŽƵŶƚǇ ŽƵŐůĂƐŽƵŶƚǇ ŚĂƌůĞƐƚŽŶŽƵŶƚǇ 'ƌĂŶĚŽƵŶƚǇ 'ĂƌĨŝĞůĚ ŽƵŶƚǇ ,ĂŶĂůĂŶŝ^ĐŚŽŽůƐ ĂŵĂƐŽƵŶƚǇ 'ŝůůŝĂŵŽƵŶƚǇ ŚĞƌŽŬĞĞŽƵŶƚǇ /ƌŽŶ ŽƵŶƚǇ 'ƌĂŶƚŽƵŶƚǇ <ĂŵĞŚĂŵĞŚĂ^ĐŚŽŽůƐ ĂŶǇŽŶŽƵŶƚǇ 'ƌĂŶƚŽƵŶƚǇ ŚĞƐƚĞƌŽƵŶƚǇ :ƵĂď ŽƵŶƚǇ 'ƌĂǇƐ,ĂƌďŽƌŽƵŶƚǇ ^ƉĞĐŝĂůŝƐƚƌŝĐƚ ĂƌŝďŽƵŽƵŶƚǇ ,ĂƌŶĞǇŽƵŶƚǇ ŚĞƐƚĞƌĨŝĞůĚŽƵŶƚǇ <ĂŶĞŽƵŶƚǇ /ƐůĂŶĚ ŽƵŶƚǇ ,ĂǁĂŝŝŽŵŵƵŶŝƚǇĞǀĞůŽƉŵĞŶƚƵƚŚŽƌŝƚǇ ĂƐƐŝĂŽƵŶƚǇ ,ŽŽĚZŝǀĞƌ ŽƵŶƚǇ ůĂƌĞŶĚŽŶŽƵŶƚǇ DŝůůĂƌĚŽƵŶƚǇ :ĞĨĨĞƌƐŽŶŽƵŶƚǇ ,ĂǁĂŝŝWƵďůŝĐ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ ůĂƌŬŽƵŶƚǇ :ĂĐŬƐŽŶŽƵŶƚǇ ŽůůĞƚ ŽŶŽƵŶƚǇ DŽƌŐĂŶŽƵŶƚǇ <ŝŶŐŽƵŶƚǇ ,ĂǁĂŝŝdŽƵƌŝƐŵƵƚŚŽƌŝƚǇ ůĞĂƌǁĂƚĞƌŽƵŶƚǇ :ĞĨĨĞƌƐŽŶŽƵŶƚǇ ĂƌůŝŶ ŐƚŽŶŽƵŶƚǇ WŝƵƚĞŽƵŶƚǇ <ŝŶŐŽƵŶƚǇŝƌĞĐƚŽƌƐΖƐƐŽĐŝĂƚŝŽŶ ,ŽŶŽůƵůƵƵƚŚŽƌŝƚǇĨŽƌZĂƉŝĚdƌĂŶƐƉŽƌƚĂƚŝŽŶ ƵƐƚĞƌŽƵŶƚǇ :ŽƐĞƉŚŝ ŶĞŽƵŶƚǇ ŝůůŽŶŽƵŶƚǇ ZŝĐŚŽƵŶƚǇ <ŝƚƐĂƉŽƵŶƚǇ EĂƚƵƌĂů
ŶĞƌŐǇ>ĂďŽƌĂƚŽƌǇŽĨ,ĂǁĂŝŝƵƚŚŽƌŝƚǇ
ůŵŽƌĞŽƵŶƚǇ <ůĂŵĂ ƚŚŽƵŶƚǇ ŽƌĐŚĞƐƚĞƌŽƵŶƚǇ ^Ăůƚ>ĂŬĞŽƵŶƚǇ <ŝƚƚŝƚĂƐŽƵŶƚǇ ^ƚĂƚĞ &ƌĂŶŬůŝŶŽƵŶƚǇ >ĂŬĞŽƵŶƚǇ
ĚŐĞĨŝĞůĚŽƵŶƚǇ ^ĂŶ:ƵĂŶŽƵŶƚǇ <ůŝĐŬŝ ƚĂƚŽƵŶƚǇ
,ĂǁĂŝŝĞƉĂƌƚŵĞŶƚŽĨĐĐŽƵŶƚŝŶŐĂŶĚ'ĞŶĞƌĂů^ĞƌǀŝĐĞƐ &ƌĞŵŽŶƚŽƵŶƚǇ >ĂŶĞŽƵŶĐŝůŽĨ'ŽǀĞƌŶŵĞŶƚƐ &ĂŝƌĨŝĞůĚŽƵŶƚǇ ^ĂŶƉĞƚ ĞŽƵŶƚǇ >ĞǁŝƐŽƵŶƚǇ ,ĂǁĂŝŝĞƉĂƌƚŵĞŶƚŽĨ&ŝŶĂŶĐĞĂŶĚĚŵŝŶŝƐƚƌĂƚŝŽŶ 'ĞŵŽƵŶƚǇ >ĂŶĞ ŽƵŶƚǇ &ůŽƌĞŶĐĞŽƵŶƚǇ ^ĞǀŝĞƌŽƵŶƚǇ >ŝŶĐŽůŶŽƵŶƚǇ ,ĂǁĂŝŝĞƉĂƌƚŵĞŶƚŽĨ,ĞĂůƚŚ 'ŽŽĚŝŶŐŽƵŶƚǇ >ŝŶĐŽůŶŽƵŶƚǇ 'ĞŽƌŐĞƚŽ ǁŶŽƵŶƚǇ ^ƵŵŵŝƚŽƵŶƚǇ DĂƐŽŶŽƵŶƚǇ ,ĂǁĂŝŝ
ŵƉůŽǇĞƌͲhŶŝŽŶ,ĞĂůƚŚĞŶĞĨŝƚƐdƌƵƐƚ&ƵŶĚ /ĚĂŚŽŽƵŶƚǇ >ŝŶ ŶŽƵŶƚǇ 'ƌĞĞŶǀŝůůĞŽƵŶƚǇ dŽŽĞůĞŽƵŶƚǇ KŬĂŶŽŐĂŶŽƵŶƚǇ ,ĂǁĂŝŝ,ĞĂůƚŚ^ǇƐƚĞŵƐŽƌƉŽƌĂƚŝŽŶ :ĞĨĨĞƌƐŽŶŽƵŶƚǇ DĂůŚĞƵƌŽƵŶƚǇ 'ƌĞĞŶǁŽŽĚŽƵŶƚǇ hŝŶƚĂŚŽƵŶƚǇ WĂĐŝĨŝĐŽƵŶƚǇ ^ƚĂƚĞKĨ,ĂǁĂŝŝ :ĞƌŽŵĞŽƵŶƚǇ DĂƌŝŽŶŽƵŶƚǇ ,ĂŵƉƚŽŶŽƵŶƚǇ hƚĂŚŽƵ ŶƚǇ WĞŶĚKƌĞŝůůĞŽƵŶƚǇ <ŽŽƚĞŶĂŝŽƵŶƚǇ DĂƌŝŽŶŽƵŶƚǇ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ ,ŽƌƌǇŽƵŶƚǇ tĂƐĂƚ ĐŚŽƵŶƚǇ WŝĞƌĐĞŽƵŶƚǇ >ĂƚĂŚŽƵŶƚǇ DŽƌƌŽǁŽƵŶƚǇ :ĂƐƉĞƌŽƵŶƚǇ tĂƐŚŝŶŐƚŽŶŽƵŶƚǇ ^ĂŶ:ƵĂŶ ŽƵŶƚǇ >ĞŵŚŝŽƵŶƚǇ DƵůƚŶŽŵĂŚŽƵŶƚǇ <ĞƌƐŚĂǁŽƵŶƚǇ tĂǇŶĞŽƵŶƚǇ ^ŬĂŐŝƚŽ ƵŶƚǇ >ĞǁŝƐŽƵŶƚǇ WŽůŬŽƵŶƚǇ >ĂŶĐĂƐƚĞƌŽƵŶƚǇ tĞďĞƌŽƵŶƚǇ ^ŬĂŵĂŶŝĂŽƵ ŶƚǇ >ŝŶĐŽůŶŽƵŶƚǇ ^ŚĞƌŵĂŶŽƵŶƚǇ >ĂƵƌĞŶƐŽƵŶƚǇ DƵŶŝĐŝƉĂůŝƚǇ ^ŶŽŚŽŵŝƐŚŽƵŶƚǇ DĂĚŝƐŽŶŽƵŶƚǇ dŝůůĂŵŽŽŬŽƵŶƚǇ >ĞĞŽƵŶƚǇ ĞŶƚĞƌĨŝĞůĚŝƚǇ ^ƉŽŬĂŶĞ ŽƵŶƚǇ DŝŶŝĚŽŬĂŽƵŶƚǇ hŵĂƚŝůůĂŽƵŶƚǇ >ĞǆŝŶŐƚŽŶŽƵŶƚǇ ŝƚǇŽĨůƉŝŶĞŝ ƚǇ ^ƚĞǀĞŶƐŽƵŶƚǇ EĞǌWĞƌĐĞŽƵŶƚǇ hŶŝŽŶŽƵŶƚǇ >ŽǁĞƌ^ĂǀĂŶŶĂŚŽƵŶĐŝůŽĨ'ŽǀĞƌŶŵĞŶ ƚƐ ŝƚǇŽĨŵĞƌŝĐĂŶ&ŽƌŬ dŚƵƌƐƚŽŶŽƵŶƚǇ KŶĞŝĚĂŽƵŶƚǇ tĂůůŽǁĂŽƵŶƚǇ DĂƌŝŽŶŽƵŶƚǇ ŝƚǇŽĨƵƌŽƌĂ dŚƵƌƐƚŽŶ ZĞŐŝŽŶĂůWůĂŶŶŝŶŐŽƵŶĐŝů KǁǇŚĞĞŽƵŶƚǇ tĂƐĐŽŽƵŶƚǇ DĂƌůďŽƌŽŽƵŶƚǇ ŝƚǇŽĨĂůůĂƌĚ tĂŚŬŝĂŬƵ ŵŽƵŶƚǇ WĂǇĞƚƚĞŽƵŶƚǇ tĂƐŚŝŶŐƚŽŶŽƵŶƚǇ DĐŽƌŵŝĐŬŽƵŶƚǇ ŝƚǇŽĨĞĂǀĞƌ tĂ ůůĂtĂůůĂŽƵŶƚǇ WŽǁĞƌŽƵŶƚǇ tŚĞĞůĞƌŽƵŶƚǇ EĞǁďĞƌƌǇŽƵŶƚǇ ŝƚǇŽĨůĂŶĚŝŶŐ tŚĂƚĐŽ ŵŽƵŶƚǇ ^ŚŽƐŚŽŶĞŽƵŶƚǇ zĂŵŚŝůůŽƵŶƚǇ KĐŽŶĞĞŽƵŶƚǇ ŝƚǇŽĨůƵĨĨĚĂůĞ tŚŝƚ ŵĂŶŽƵŶƚǇ dĞƚŽŶŽƵŶƚǇ DƵŶŝĐŝƉĂůŝƚǇ KƌĂŶŐĞďƵƌŐŽƵŶƚǇ ŝƚǇŽĨŽƵŶƚŝĨƵů zĂŬŝŵĂŽƵŶƚǇ dǁŝŶ&ĂůůƐŽƵŶƚǇ ŝƚǇŽĨĚĂŝƌsŝůůĂŐĞ WŝĐŬĞŶƐŽƵŶƚǇ ŝƚǇŽĨƌŝ ŐŚĂŵ zĂŬŝŵĂŽƵŶƚǇWƵďůŝĐ^ĞƌǀŝĐĞƐ sĂůůĞǇŽƵŶƚǇ ŝƚǇŽĨĚƌŝĂŶ ZŝĐŚůĂŶĚŽƵŶƚǇ ŝƚǇŽĨĂƐƚůĞĂůĞ zĂ ŬŝŵĂsĂůůĞǇŽŶĨĞƌĞŶĐĞŽĨ'ŽǀĞƌŶŵĞŶƚƐ tĂƐŚŝŶŐƚŽŶŽƵŶƚǇ ŝƚǇŽĨůďĂŶǇ ^ĂůƵĚĂŽƵŶƚǇ ŝƚǇŽĨĞĚĂƌŝƚǇ DƵŶŝĐŝƉĂůŝƚǇ DƵŶŝĐŝƉĂůŝƚǇ ŝƚǇŽĨŵŝƚǇ ^ƉĂƌƚĂŶďƵƌŐŽƵŶƚǇ ŝƚǇŽĨĞĚĂƌ, ŝůůƐ ŝƚǇŽĨďĞƌĚĞĞŶ ŝƚǇŽĨďĞƌĚĞĞŶ ŝƚǇŽĨƌůŝŶŐƚŽŶ ^ƵŵƚĞƌŽƵŶƚǇ ŝƚǇŽĨĞŶƚĞƌǀŝů ůĞ ŝƚǇŽĨŝƌǁĂǇ,ĞŝŐŚƚƐ ŝƚǇŽĨůďŝŽŶ ŝƚǇŽĨƐŚůĂŶĚ hŶŝŽŶŽƵŶƚǇ ŝƚǇŽĨůĞĂƌĨŝĞůĚ ŝƚǇ ŽĨůŐŽŶĂ ŝƚǇŽĨŵĞƌŝĐĂŶ&ĂůůƐ ŝƚǇŽĨƐƚŽƌŝĂ tŝůůŝĂŵƐďƵƌŐŽƵŶƚǇ ŝƚǇŽĨ ůŝŶƚŽŶ ŝƚǇŽĨŶĂĐŽƌƚĞƐ ŝƚǇŽĨŵŵŽŶ ŝƚǇŽĨƚŚĞŶĂ zŽƌŬŽƵŶƚǇ ŝƚǇŽĨŽĂůǀŝůůĞ ŝƚǇŽĨ ƌůŝŶŐƚŽŶ ŝƚǇŽĨƌĐŽ ŝƚǇŽĨƵŵƐǀŝůůĞ DƵŶŝĐŝƉĂůŝƚǇ ŝƚǇŽĨŽůŽƌĂĚŽŝƚǇ ŝƚǇŽĨƐŽƚŝŶ ŝƚǇŽĨƌŝŵŽ ŝƚǇŽĨƵƌŽƌĂ ŝƚǇŽĨďďĞǀŝůůĞ ŝƚǇŽĨŽƌŝŶŶĞŝƚ Ǉ ŝƚǇŽĨƵďƵƌŶ ŝƚǇŽĨƐŚƚŽŶ ŝƚǇŽĨĂŬĞƌŝƚǇ ŝƚǇŽĨŝŬĞŶ ŝƚǇŽĨŽƚƚŽŶǁŽŽĚ ,ĞŝŐŚƚƐ ŝƚǇŽĨĂŝŶďƌŝĚŐĞ/ƐůĂŶĚ ŝƚǇŽĨƚŚŽů ŝƚǇŽĨĂŶĚŽŶ ŝƚǇŽĨŶĚĞƌƐŽŶ ŝƚǇŽĨĞůƚĂ ŝƚǇŽĨ ĂƚƚůĞ'ƌŽƵŶĚ ŝƚǇŽĨƚŽŵŝĐŝƚǇ ŝƚǇŽĨĂŶŬƐ ŝƚǇŽĨĂƌŶǁĞůů ŝƚǇŽĨƌĂƉĞƌ ŝƚǇŽĨĞůůĞǀƵĞ ŝƚǇŽĨĂŶĐƌŽĨƚ ŝƚǇŽĨĂǇŝƚǇ ŝƚǇŽĨĞĂƵĨŽƌƚ ŝƚǇŽĨƵĐŚĞƐŶ Ğ ŝƚǇŽĨĞůůŝŶŐŚĂŵ ŝƚǇŽĨĞůůĞǀƵĞ ŝƚǇŽĨĞĂǀĞƌƚŽŶ ŝƚǇŽĨĞůƚŽŶ ŝƚǇŽĨ ĂƐƚĂƌ ďŽŶ ŝƚǇŽĨĞŶƚŽŶŝƚǇ
ŝƚǇŽĨůĂĐŬĨŽŽƚ ŝƚǇŽĨĞŶĚ ŝƚǇŽĨĞŶŶĞƚƚƐǀŝůůĞ ŝƚǇŽĨ ůŬZ ŝĚŐĞ ŝƚǇŽĨŝŶŐĞŶ
ŝƚǇŽĨůŝƐƐ ŝƚǇŽĨŽĂƌĚŵĂŶ ŝƚǇŽĨŝƐŚŽƉǀŝůůĞ ŝƚǇŽĨ ůŵŽ ŝƚ ǇŽĨůĂĐŬŝĂŵŽŶĚ
ŝƚǇŽĨůŽŽŵŝŶŐƚŽŶ ŝƚǇŽĨƌŽŽŬŝŶŐƐ ŝƚǇŽĨĂŵĚĞŶ ŝƚǇŽĨ ŶŽĐŚ ŝƚǇŽĨůĂŝŶĞ
ŝƚǇŽĨŽŝƐĞ ŝƚǇŽĨƌŽǁŶƐǀŝůůĞ ŝƚǇŽĨĂǇĐĞ ŝƚǇŽĨ ŶƚĞƌƉƌŝƐĞ ŝƚǇŽĨŽŶŶĞǇ>ĂŬĞ
ŝƚǇŽĨŽŶŶĞƌƐ&ĞƌƌǇ ŝƚǇŽĨƵƌŶƐ ŝƚǇŽĨŚĂƌůĞƐƚŽŶ ŝƚǇŽĨ ƉŚ ƌĂŝŵ ŝƚǇŽĨŽƚŚĞůů
ŝƚǇŽĨŽǀŝůů ŝƚǇŽĨĂŶďǇ ŝƚǇŽĨŚĞƐŶĞĞ ŝƚǇŽĨ
ƐĐĂůĂŶƚĞ ŝƚǇ ŽĨƌĞŵĞƌƚŽŶ
ŝƚǇŽĨƵŚů ŝƚǇŽĨĂŶŶŽŶĞĂĐŚ ŝƚǇŽĨŚĞƐƚĞƌ ŝƚǇŽĨ ƵƌĞŬĂ ŝ ƚǇŽĨƌĞǁƐƚĞƌ
ŝƚǇŽĨƵƌůĞǇ ŝƚǇŽĨĂŶǇŽŶǀŝůůĞ ŝƚǇŽĨůĞŵƐŽŶ ŝƚǇŽĨ&ĂŝƌǀŝĞ ǁ ŝƚǇŽĨƌŝĚŐĞƉŽƌƚ ŝƚǇŽĨĂůĚǁĞůů ŝƚǇŽĨĂƌůƚŽŶ ŝƚǇŽĨůŝŶƚŽŶ ŝƚǇŽĨ&ĂƌŵŝŶŐƚŽ Ŷ ŝ ƚ Ǉ Ž Ĩ ƌ ŝ Ğ ƌ ŝƚǇŽĨĂŵďƌŝĚŐĞ ŝƚǇŽĨĂƐĐĂĚĞ>ŽĐŬƐ ŝƚǇŽĨŽůƵŵďŝĂ ŝƚǇŽĨ& ĂƌƌtĞƐƚ ŝƚǇŽĨƵĐŬůĞǇ ŝƚǇŽĨĂƌĞǇ ŝƚǇŽĨĂǀĞ:ƵŶĐƚŝŽŶ ŝƚǇŽĨŽŶǁĂǇ ŝƚǇŽĨ&ĞƌƌŽŶ ŝƚǇŽĨƵƌŝĞŶ ŝƚǇŽĨĂƐĐĂĚĞ ŝƚǇŽĨĞŶƚƌĂůWŽŝŶƚ ŝƚǇŽĨĂƌůŝŶŐƚŽŶ ŝƚǇŽĨ& ŝůůŵŽƌĞ ŝƚǇŽĨƵƌůŝŶŐƚŽŶ ŝƚǇŽĨĂƐƚůĞĨŽƌĚ ŝƚǇŽĨŚŝůŽƋƵŝŶ ŝƚǇŽĨĞŶŵĂƌŬ ŝƚǇŽĨ&ŽƵŶƚ ĂŝŶ'ƌĞĞŶ ŝƚǇŽĨĂŵĂƐ ŝƚǇŽĨŚĂůůŝƐ ŝƚǇŽĨůĂƚƐŬĂŶŝĞ ŝƚǇŽĨŝůůŽŶ ŝƚǇŽĨ&ƌƵŝƚ,Ğ ŝŐŚƚƐ ŝƚǇŽĨĂƌŶĂƚŝŽŶ ŝƚǇŽĨŚƵďďƵĐŬ ŝƚǇŽĨŽďƵƌŐ ŝƚǇŽĨ
ĂƐůĞǇ ŝƚǇŽĨ'ĂƌůĂŶĚ ŝƚǇ ŽĨĂƐŚŵĞƌĞ
ŝƚǇŽĨůĂǇƚŽŶ ŝƚǇŽĨŽůƵŵďŝĂŝƚǇ ŝƚǇŽĨ&ůŽƌĞŶĐĞ ŝƚǇŽĨ'ƌĂ ŶƚƐǀŝůůĞ ŝƚǇŽĨĂƐƚůĞZŽĐŬ ŝƚǇŽĨůŝĨƚŽŶ ŝƚǇŽĨŽŶĚŽŶ ŝƚǇŽĨ&ŽůůǇĞĂĐŚ ŝƚǇŽĨ'ƌĞĞŶZ ŝǀĞƌ ŝƚǇŽĨĞŶƚƌĂůŝĂ ŝƚǇŽĨŽĞƵƌĚΖůĞŶĞ ŝƚǇŽĨŽŽƐĂǇ ŝƚǇŽĨ&ŽƌĞƐƚĐƌĞƐ ŝƚǇŽ Ĩ'ƵŶŶŝƐŽŶ ŝƚǇŽĨŚĞŚĂůŝƐ ŝƚǇŽĨŽƵŶĐŝů ŝƚǇŽĨŽƋƵŝůůĞ ŝƚǇŽĨ&ŽƵŶƚĂŝŶ/ŶŶ ŝƚǇŽĨ,Ăƌƌ ŝƐǀŝůůĞ ŝƚǇŽĨŚĞůĂŶ ŝƚǇŽĨƌĂŝŐŵŽŶƚ ŝƚǇŽĨŽƌŶĞůŝƵƐ ŝƚǇŽĨ'ĂĨĨŶĞǇ ŝƚǇŽĨ,ĞďĞƌ ŝƚǇ ŝƚǇŽĨŚĞŶĞǇ ŝƚǇŽĨƌŽƵĐŚ ŝƚǇŽĨŽƌǀĂůůŝƐ ŝƚǇŽĨ'ĞŽƌŐĞƚŽǁŶ ŝƚǇŽĨ,ĞůƉĞƌ ŝƚǇ ŝƚǇŽĨŚĞǁĞůĂŚ ƉƉĞŶĚŝǆ WĂŐĞϭŽĨϭϰ

,ĂǁĂŝŝ /ĚĂŚŽ KƌĞŐŽŶ ^ŽƵƚŚĂƌŽůŝŶĂ hƚĂŚ tĂƐŚŝŶŐƚŽŶ
ŝƚǇŽĨƵůĚĞƐĂĐ ŝƚǇŽĨŽƚƚĂŐĞ'ƌŽǀĞ ŝƚǇŽĨ'ŽŽƐĞƌĞĞŬ ŝƚǇŽĨ ,ĞƌƌŝŵĂŶ ŝƚǇŽĨůĂƌŬƐƚŽŶ ŝƚǇŽĨĂůƚŽŶ'ĂƌĚĞŶƐ ŝƚǇŽĨŽǀĞ ŝƚǇŽĨ'ƌĞĞŶǀŝůůĞ ŝƚǇŽĨ,ŝŐ ŚůĂŶĚ ŝƚǇŽĨůĞ ůƵŵ
ŝƚǇŽĨĂǇƚŽŶ ŝƚǇŽĨƌĞƐǁĞůů ŝƚǇŽĨ'ƌĞĞŶǁŽŽĚ ŝƚǇŽĨ,ŝůĚĂůĞ ŝƚǇŽĨůǇĚĞ,ŝůů ŝƚǇŽĨĞĂƌǇ ŝƚǇŽĨƵůǀĞƌ ŝƚǇŽĨ'ƌĞĞƌ ŝƚǇŽĨ,ŽůůĂĚĂǇ ŝƚǇŽĨ ŽůĨĂǆ ŝƚǇŽĨŝĞƚƌŝĐŚ ŝƚǇŽĨĂůůĂƐ ŝƚǇŽĨ,ĂŶĂŚĂŶ ŝƚǇŽĨ,ŽŶĞǇǀŝůůĞ ŝƚǇŽĨŽůůĞŐĞWůĂĐĞ ŝƚǇŽĨŽŶŶĞůůǇ ŝƚǇŽĨĂŵĂƐĐƵƐ ŝƚǇŽĨ,ĂƌĚĞĞǀŝůůĞ ŝƚǇŽĨ,ŽŽƉ Ğƌ ŝƚǇŽĨŽůǀŝůůĞ ŝƚǇŽĨŽǀĞƌ ŝƚǇŽĨĂǇƚŽŶ ŝƚǇŽĨ,ĂƌƚƐǀŝůůĞ ŝƚǇŽĨ,ƵŶƚŝŶŐƚŽŶ ŝƚǇŽĨŽŶŶĞůů ŝƚǇŽĨŽǁŶĞǇ ŝƚǇŽĨĂǇǀŝůůĞ ŝƚǇŽĨ/ŶŵĂŶ ŝƚǇŽĨ,ƵƌƌŝĐĂŶĞ ŝƚ ǇŽĨŽƐŵŽƉŽůŝƐ ŝƚǇŽĨƌŝŐŐƐ ŝƚǇŽĨĞƉŽĞĂǇ ŝƚǇŽĨ/ƐůĞŽĨWĂůŵƐ ŝƚǇŽĨ,ǇĚ ĞWĂƌŬ ŝƚǇŽĨŽǀŝŶŐƚŽŶ ŝƚǇŽĨƵďŽŝƐ ŝƚǇŽĨĞƚƌŽŝƚ ŝƚǇŽĨ:ŽŚŶƐŽŶǀŝůůĞ ŝƚǇŽĨ,ǇƌƵŵ ŝƚǇŽĨĂǀĞŶƉŽƌƚ ŝƚǇŽĨ
ĂŐůĞ ŝƚǇŽĨŽŶĂůĚ ŝƚǇŽĨ>ĂŬĞŝƚǇ ŝƚǇŽĨ/ǀŝŶƐ ŝƚǇŽ ĨĂǇƚŽŶ ŝƚǇŽĨ
ĚĞŶ ŝƚǇŽĨƌĂŝŶ ŝƚǇŽĨ>ĂŶĐĂƐƚĞƌ ŝƚǇŽĨ<ĂŵĂƐ ŝƚǇŽĨ ĞĞƌWĂƌŬ ŝƚǇŽĨ
ůŬZŝǀĞƌ ŝƚǇŽĨƵŶĚĞĞ ŝƚǇŽĨ>ĂŶĚƌƵŵ ŝƚǇŽĨ<ĂŶĂď ŝƚǇ ŽĨĞƐDŽŝŶĞƐ ŝƚǇŽĨ
ŵŵĞƚƚ ŝƚǇŽĨƵŶĞƐŝƚǇ ŝƚǇŽĨ>ĂƵƌĞŶƐ ŝƚǇŽĨ<ĂǇƐǀŝůů Ğ ŝƚǇŽĨƵWŽŶƚ ŝƚǇŽĨ&ĂŝƌĨŝĞůĚ ŝƚǇŽĨƵƌŚĂŵ ŝƚǇŽĨ>ŝďĞƌƚǇ ŝƚǇŽĨ>ĂsĞƌŬŝŶ ŝƚǇŽĨƵǀĂůů ŝƚǇŽĨ&ĞƌŶĂŶ>ĂŬĞsŝůůĂŐĞ ŝƚǇŽĨ
ĂŐůĞWŽŝŶƚ ŝƚǇŽĨ>ŽƌŝƐ ŝƚǇ ŽĨ>ĂǇƚŽŶ ŝƚǇŽĨ
ĂƐƚtĞŶĂƚĐŚĞĞ
ŝƚǇŽĨ&ŝůĞƌ ŝƚǇŽĨ
ĐŚŽ ŝƚǇŽĨDĂŶŶŝŶŐ ŝƚǇŽĨ>ĞŚŝ ŝƚǇŽĨ
ĚŐ ĞǁŽŽĚ
ŝƚǇŽĨ&ŝƌƚŚ ŝƚǇŽĨ
ůŐŝŶ ŝƚǇŽĨDĂƌŝŽŶ ŝƚǇŽĨ>ĞǁŝƐƚŽŶ ŝƚǇŽĨ
ĚŵŽŶĚƐ
ŝƚǇŽĨ&ƌĂŶŬůŝŶ ŝƚǇŽĨ
ŶƚĞƌƉƌŝƐĞ ŝƚǇŽĨDĂƵůĚŝŶ ŝƚǇŽĨ>ŝŶĚŽŶ ŝƚǇŽĨ
ůĞĐƚƌŝĐŝƚǇ
ŝƚǇŽĨ&ƌƵŝƚůĂŶĚ ŝƚǇŽĨ
ƐƚĂĐĂĚĂ ŝƚǇŽĨDƵůůŝŶƐ ŝƚǇŽĨ>ŽŐĂŶ ŝ ƚǇŽĨ
ůůĞŶƐďƵƌŐ
ŝƚǇŽĨ'ĂƌĚĞŶŝƚǇ ŝƚǇŽĨ
ƵŐĞŶĞ ŝƚǇŽĨDǇƌƚůĞĞĂĐŚ ŝƚǇŽĨDĂ Ŷƚŝ ŝƚǇŽĨ
ůŵĂ
ŝƚǇŽĨ'ĞŶĞƐĞĞ ŝƚǇŽĨ&ĂŝƌǀŝĞǁ ŝƚǇŽĨEĞǁ
ůůĞŶƚŽŶ ŝƚǇŽĨDĂƉů ĞƚŽŶ ŝƚǇŽĨ
ŶƚŝĂƚ
ŝƚǇŽĨ'ĞŽƌŐĞƚŽǁŶ ŝƚǇŽĨ&ĂůůƐŝƚǇ ŝƚǇŽĨEĞǁďĞƌƌǇ ŝƚǇŽĨDĂƌ ƌŝŽƚƚͲ^ůĂƚĞƌǀŝůůĞ ŝƚǇŽĨ ŶƵŵĐůĂǁ
ŝƚǇŽĨ'ůĞŶŶƐ&ĞƌƌǇ ŝƚǇŽĨ&ůŽƌĞŶĐĞ ŝƚǇŽĨEŽƌƚŚƵŐƵƐƚĂ ŝƚǇŽ ĨDĞŶĚŽŶ ŝƚǇŽĨ ƉŚƌĂƚĂ
ŝƚǇŽĨ'ŽŽĚŝŶŐ ŝƚǇŽĨ&ŽƌĞƐƚ'ƌŽǀĞ ŝƚǇŽĨEŽƌƚŚŚĂƌůĞƐƚŽŶ ŝƚǇ ŽĨDŝĚǀĂůĞ ŝƚǇŽĨ ǀĞƌĞƚƚ
ŝƚǇŽĨ'ƌĂĐĞ ŝƚǇŽĨ&ŽƐƐŝů ŝƚǇŽĨEŽƌƚŚDǇƌƚůĞĞĂĐŚ ŝƚǇŽĨDŝ ĚǁĂǇ ŝƚǇŽĨ ǀĞƌƐŽŶ
ŝƚǇŽĨ'ƌĂŶĚsŝĞǁ ŝƚǇŽĨ'ĂƌŝďĂůĚŝ ŝƚǇŽĨKƌĂŶŐĞďƵƌŐ ŝƚǇŽĨDŝ ůĨŽƌĚ ŝƚǇŽĨ&ĞĚĞƌĂůtĂǇ ŝƚǇŽĨ'ƌĂŶŐĞǀŝůůĞ ŝƚǇŽĨ'ĂƐƚŽŶ ŝƚǇŽĨWŝĐŬĞŶƐ ŝƚǇŽĨDŝůůǀŝů ůĞ ŝƚǇŽĨ&ĞƌŶĚĂůĞ ŝƚǇŽĨ'ƌĞĞŶůĞĂĨ ŝƚǇŽĨ'ĂƚĞƐ ŝƚǇŽĨZŽĐŬ,ŝůů ŝƚǇŽĨDŽĂď ŝƚǇŽĨ&ŝĨĞ ŝƚǇŽĨ,ĂŐĞƌŵĂŶ ŝƚǇŽĨ'ĞĂƌŚĂƌƚ ŝƚǇŽĨ^ĞŶĞĐĂ ŝƚǇŽĨDŽŶĂ ŝƚǇ ŽĨ&ŝƌĐƌĞƐƚ ŝƚǇŽĨ,ĂŝůĞǇ ŝƚǇŽĨ'ĞƌǀĂŝƐ ŝƚǇŽĨ^ŝŵƉƐŽŶǀŝůůĞ ŝƚǇŽĨDŽŶƌŽĞ ŝƚǇŽĨ&ŽƌŬƐ ŝƚǇŽĨ,ĂŶƐĞŶ ŝƚǇŽĨ'ůĂĚƐƚŽŶĞ ŝƚǇŽĨ^ƉĂƌƚĂŶďƵƌŐ ŝƚǇŽĨDŽŶƚŝ ĐĞůůŽ ŝƚǇŽĨ'ĞŽƌŐĞ ŝƚǇŽĨ,ĂƌƌŝƐŽŶ ŝƚǇŽĨ'ůĞŶĚĂůĞ ŝƚǇŽĨ^ƵŵƚĞƌ ŝƚǇŽĨDŽƌŐĂŶ ŝƚ ǇŽĨ'ŝŐ,ĂƌďŽƌ ŝƚǇŽĨ,ĂǇĚĞŶ ŝƚǇŽĨ'ŽůĚĞĂĐŚ ŝƚǇŽĨdĞŐĂĂǇ ŝƚǇŽĨDŽƌŽŶŝ ŝƚǇŽĨ'ŽůĚĂƌ ŝƚǇŽĨ,ĂǌĞůƚŽŶ ŝƚǇŽĨ'ŽůĚ,ŝůů ŝƚǇŽĨdƌĂǀĞůĞƌƐZĞƐƚ ŝƚǇŽĨ Dƚ͘WůĞĂƐĂŶƚŝƚǇ ŝƚǇŽĨ'ŽůĚĞŶĚĂůĞ ŝƚǇŽĨ,ĞǇďƵƌŶ ŝƚǇŽĨ'ƌĂŶƚƐWĂƐƐ ŝƚǇŽĨhŶŝŽŶ ŝƚǇŽĨDƵƌƌĂǇ ŝ ƚǇŽĨ'ƌĂŶĚŽƵůĞĞ ŝƚǇŽĨ,ŽůůŝƐƚĞƌ ŝƚǇŽĨ'ƌĞĞŶŚŽƌŶ ŝƚǇŽĨtĂůŚĂůůĂ ŝƚǇŽĨDǇƚŽŶ ŝƚǇŽĨ'ƌĂŶĚǀŝĞǁ ŝƚǇŽĨ,ŽŵĞĚĂůĞ ŝƚǇŽĨ'ƌĞƐŚĂŵ ŝƚǇŽĨtĂůƚĞƌďŽƌŽ ŝƚǇŽĨEĂƉůĞƐ ŝƚǇŽĨ'ƌĂŶŐĞƌ ŝƚǇŽĨ,ŽƉĞ ŝƚǇŽĨ,ĂŝŶĞƐ ŝƚǇŽĨtĞůůĨŽƌĚ ŝƚǇŽĨEĞƉŚŝ ŝƚǇŽĨ 'ƌĂŶŝƚĞ&ĂůůƐ ŝƚǇŽĨ,ŽƌƐĞƐŚŽĞĞŶĚ ŝƚǇŽĨ,ĂůĨǁĂǇ ŝƚǇŽĨtĞƐƚŽůƵŵďŝĂ ŝƚǇ ŽĨEŝďůĞǇ ŝƚǇŽĨ,ĂƌƌŝŶŐƚŽŶ ŝƚǇŽĨ,ƵĞƚƚĞƌ ŝƚǇŽĨ,ĂůƐĞǇ ŝƚǇŽĨtĞƐƚŵŝŶƐƚĞƌ ŝƚǇŽĨEŽƌƚŚ> ŽŐĂŶ ŝƚǇŽĨ,ŽƋƵŝĂŵ ŝƚǇŽĨ/ĚĂŚŽŝƚǇ ŝƚǇŽĨ,ĂƉƉǇsĂůůĞǇ ŝƚǇŽĨtŽŽĚƌƵĨ Ĩ ŝƚǇŽĨEŽƌƚŚKŐĚĞŶ ŝƚǇŽĨ/ůǁĂĐŽ ŝƚǇŽĨ/ĚĂŚŽ&ĂůůƐ ŝƚǇŽĨ,ĂƌƌŝƐďƵƌŐ ŝƚǇŽĨzŽƌŬ ŝƚǇŽĨEŽƌƚŚ ^Ăůƚ>ĂŬĞ ŝƚǇŽĨ/ƐƐĂƋƵĂŚ ŝƚǇŽĨ/ŶŬŽŵ ŝƚǇŽĨ,Ğůŝǆ dŽǁŶŽĨůůĞŶĚĂůĞ ŝƚǇŽĨKĂŬůĞǇ ŝƚǇŽ Ĩ<ĂŚůŽƚƵƐ ŝƚǇŽĨ/ƐůĂŶĚWĂƌŬ ŝƚǇŽĨ,ĞƉƉŶĞƌ dŽǁŶŽĨŶĚƌĞǁƐ ŝƚǇŽĨKŐĚĞŶ ŝƚǇŽĨ<ĂůĂŵĂ ŝƚǇŽĨ:ĞƌŽŵĞ ŝƚǇŽĨ,ĞƌŵŝƐƚŽŶ dŽǁŶŽĨƚůĂŶƚŝĐĞĂĐŚ ŝƚǇŽĨKƌ ĂŶŐĞǀŝůůĞ ŝƚǇŽĨ<ĞůƐŽ ŝƚǇŽĨ:ƵůŝĂĞƚƚĂ ŝƚǇŽĨ,ŝůůƐďŽƌŽ dŽǁŶŽĨǁĞŶĚĂǁ ŝƚǇŽĨKƌĞŵ ŝ ƚǇŽĨ<ĞŶŵŽƌĞ ŝƚǇŽĨ<ĂŵŝĂŚ ŝƚǇŽĨ,ŝŶĞƐ dŽǁŶŽĨǇŶŽƌ ŝƚǇŽĨWĂŶŐƵŝƚĐŚ ŝƚǇŽ Ĩ<ĞŶŶĞǁŝĐŬ ŝƚǇŽĨ<ĞůůŽŐŐ ŝƚǇŽĨ,ŽŽĚZŝǀĞƌ dŽǁŶŽĨĂƚĞƐďƵƌŐͲ>ĞĞƐǀŝůůĞ ŝƚ ǇŽĨWĂƌŬŝƚǇ ŝƚǇŽĨ<ĞŶƚ ŝƚǇŽĨ<ĞŶĚƌŝĐŬ ŝƚǇŽĨ,ƵďďĂƌĚ dŽǁŶŽĨĞƚŚƵŶĞ ŝƚǇŽĨWĂƌŽǁĂŶ ŝ ƚǇŽĨ<ĞƚƚůĞ&ĂůůƐ ŝƚǇŽĨ<ĞƚĐŚƵŵ ŝƚǇŽĨ,ƵŶƚŝŶŐƚŽŶ dŽǁŶŽĨůĂĐŬƐďƵƌŐ ŝƚǇŽĨWĂǇƐ ŽŶ ŝƚǇŽĨ<ŝƌŬůĂŶĚ ŝƚǇŽĨ<ŝŵďĞƌůǇ ŝƚǇŽĨ/ĚĂŶŚĂ dŽǁŶŽĨůĂĐŬǀŝůůĞ ŝƚǇŽĨWĞƌƌǇ ŝ ƚǇŽĨ<ŝƚƚŝƚĂƐ ŝƚǇŽĨ<ŽŽƐŬŝĂ ŝƚǇŽĨ/ŵďůĞƌ dŽǁŶŽĨůĞŶŚĞŝŵ ŝƚǇŽĨWůĂŝŶŝƚǇ ŝƚǇŽĨ>ĂĞŶƚĞƌ ŝƚǇŽĨ<ƵŶĂ ŝƚǇŽĨ/ŶĚĞƉĞŶĚĞŶĐĞ dŽǁŶŽĨůƵĨĨƚŽŶ ŝƚǇŽĨWůĞĂƐĂŶ ƚ'ƌŽǀĞ ŝƚǇŽĨ>ĂĐĞǇ ŝƚǇŽĨ>ĂƉǁĂŝ ŝƚǇŽĨ/ƌƌŝŐŽŶ dŽǁŶŽĨůǇƚŚĞǁŽŽĚ ŝƚǇŽĨWůĞĂƐĂŶƚ sŝĞǁ ŝƚǇŽĨ>ĂŬĞ&ŽƌĞƐƚWĂƌŬ ŝƚǇŽĨ>ĂǀĂ,Žƚ^ƉƌŝŶŐƐ ŝƚǇŽĨ/ƐůĂŶĚŝƚǇ dŽǁŶŽĨŽǁŵĂŶ ŝƚǇŽ ĨWƌŝĐĞ ŝƚǇŽĨ>ĂŬĞ^ƚĞǀĞŶƐ ŝƚǇŽĨ>ĞǁŝƐƚŽŶ ŝƚǇŽĨ:ĂĐŬƐŽŶǀŝůůĞ dŽǁŶŽĨƌĂŶĐŚǀŝůůĞ ŝƚǇŽĨ WƌŽǀŝĚĞŶĐĞ ŝƚǇŽĨ>ĂŬĞǁŽŽĚ ŝƚǇŽĨDĂĐŬĂǇ ŝƚǇŽĨ:ĞĨĨĞƌƐŽŶ dŽǁŶŽĨƌŝĂƌĐůŝĨĨĞĐƌĞƐ ŝƚǇŽĨ WƌŽǀŽ ŝƚǇŽĨ>ĂŶŐůĞǇ ŝƚǇŽĨDĂůĂĚŝƚǇ ŝƚǇŽĨ:ŽŚŶĂǇ dŽǁŶŽĨƌƵŶƐŽŶ ŝƚǇŽĨZŝĐŚĨŝ ĞůĚ ŝƚǇŽĨ>ĞĂǀĞŶǁŽƌƚŚ ŝƚǇŽĨDĂƌƐŝŶŐ ŝƚǇŽĨ:ŽŚŶƐŽŶŝƚǇ dŽǁŶŽĨĂůŚŽƵŶ&ĂůůƐ ŝƚǇŽĨ ZŝĐŚŵŽŶĚ ŝƚǇŽĨ>ŝďĞƌƚǇ>ĂŬĞ ŝƚǇŽĨDĐĂůů ŝƚǇŽĨ:ŽƐĞƉŚ dŽǁŶŽĨĂŵĞƌŽŶ ŝƚǇŽĨZŝǀĞƌ,ĞŝŐŚƚ Ɛ ŝƚǇŽĨ>ŽŶŐĞĂĐŚ ŝƚǇŽĨDĐĂŵŵŽŶ ŝƚǇŽĨ:ƵŶĐƚŝŽŶŝƚǇ dŽǁŶŽĨĂŵƉŽďĞůůŽ ŝƚǇŽĨ ZŝǀĞƌĚĂůĞ ŝƚǇŽĨ>ŽŶŐǀŝĞǁ ŝƚǇŽĨDĞůďĂ ŝƚǇŽĨ<ĞŝǌĞƌ dŽǁŶŽĨĞŶƚƌĂů ŝƚǇŽĨZŝǀĞƌƚŽŶ ŝƚǇ ŽĨ>ǇŶĚĞŶ ŝƚǇŽĨDĞŶĂŶ ŝƚǇŽĨ<ŝŶŐŝƚǇ dŽǁŶŽĨŚĂƉŝŶ ŝƚǇŽĨZŽŽƐĞǀĞůƚ ŝ ƚǇŽĨ>ǇŶŶǁŽŽĚ ŝƚǇŽĨDĞƌŝĚŝĂŶ ŝƚǇŽĨ<ůĂŵĂƚŚ&ĂůůƐ dŽǁŶŽĨŚĞƌĂǁ ŝƚǇŽĨZŽǇ ŝƚǇŽĨDĂďƚŽŶ ŝƚǇŽĨDŝĚĚůĞƚŽŶ ŝƚǇŽĨ>Ă'ƌĂŶĚĞ dŽǁŶŽĨŚĞƐƚĞƌĨŝĞůĚ ŝƚǇŽĨ^ ĂůĞŵ ŝƚǇŽĨDĂƉůĞsĂůůĞǇ ŝƚǇŽĨDŝĚǀĂůĞ ŝƚǇŽĨ>ĂWŝŶĞ dŽǁŶŽĨůŝŽ ŝƚǇŽĨ^ĂůŝŶĂ ŝƚǇŽĨ DĂƌǇƐǀŝůůĞ ŝƚǇŽĨDŽƐĐŽǁ ŝƚǇŽĨ>ĂĨĂǇĞƚƚĞ dŽǁŶŽĨůŽǀĞƌ ŝƚǇŽĨ^Ăůƚ>ĂŬĞ ŝƚǇ ŝƚǇŽĨDĂƚƚĂǁĂ ŝƚǇŽĨDŽƵŶƚĂŝŶ,ŽŵĞ ŝƚǇŽĨ>ĂŬĞKƐǁĞŐŽ dŽǁŶŽĨŽƚƚĂŐĞǀŝůůĞ ŝƚ ǇŽĨ^ĂŶĚǇ ŝƚǇŽĨDĐůĞĂƌǇ ŝƚǇŽĨDƵůůĂŶ ŝƚǇŽĨ>ĂŬĞƐŝĚĞ dŽǁŶŽĨŽǁĂƌĚ ŝƚǇŽĨ^ĂŶƚĂůĂƌĂ ŝƚǇŽĨDĞĚŝĐĂů>ĂŬĞ ŝƚǇŽĨDƵƌƚĂƵŐŚ ŝƚǇŽĨ>ĞďĂŶŽŶ dŽǁŶŽĨŽǁƉĞŶƐ ŝƚǇŽĨ^ĂŶƚĂƋƵŝŶ ŝƚǇŽĨDĞĚŝŶĂ ŝƚǇŽĨEĂŵƉĂ ŝƚǇŽĨ>ŝŶĐŽůŶŝƚǇ dŽǁŶŽĨĞŶŵĂƌŬ ŝƚǇŽĨ^ĂƌĂƚŽŐ Ă^ƉƌŝŶŐƐ ŝƚǇŽĨDĞƌĐĞƌ/ƐůĂŶĚ ŝƚǇŽĨEĞǁDĞĂĚŽǁƐ ŝƚǇŽĨ>ŽŶĞƌŽĐŬ dŽǁŶŽĨŽŶĂůĚƐ ŝƚǇŽĨ^ŵŝƚŚ ĨŝĞůĚŝƚǇ ŝƚǇŽĨDĞƐĂ ŝƚǇŽĨEĞǁWůǇŵŽƵƚŚ ŝƚǇŽĨ>ŽƐƚŝŶĞ dŽǁŶŽĨƵĞtĞƐƚ ŝƚǇŽĨ^ŽƵƚ Ś:ŽƌĚĂŶ ŝƚǇŽĨDŝůůƌĞĞŬ ŝƚǇŽĨEĞǁĚĂůĞ ŝƚǇŽĨ>ŽǁĞůů dŽǁŶŽĨƵŶĐĂŶ ŝƚǇŽĨ^ŽƵƚŚKŐĚĞŶ ŝƚǇŽĨDŝůƚŽŶ ŝƚǇŽĨEĞǌƉĞƌĐĞ ŝƚǇŽĨ>ǇŽŶƐ dŽǁŶŽĨ
ĂƐƚŽǀĞƌ ŝƚǇŽĨ^ŽƵƚŚ^Ăůƚ >ĂŬĞŝƚǇ ŝƚǇŽĨDŽŶƌŽĞ
ŝƚǇŽĨEŽƚƵƐ ŝƚǇŽĨDĂĚƌĂƐ dŽǁŶŽĨ
ĚŐĞĨŝĞůĚ ŝƚǇŽĨ^ŽƵƚŚtĞďĞƌ ŝƚǇŽĨDŽŶƚĞƐĂŶŽ
ŝƚǇŽĨKƌŽĨŝŶŽ ŝƚǇŽĨDĂůŝŶ dŽǁŶŽĨ
ĚŝƐƚŽĞĂĐŚ ŝƚǇŽĨ^ƉĂŶŝƐŚ &ŽƌŬ ŝƚǇŽĨDŽƌƚŽŶ
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ůůŽƌĞĞ ŝƚǇŽĨ^ƚ͘'ĞŽƌ ŐĞ ŝƚǇŽĨDŽƵŶƚůĂŬĞdĞƌƌĂĐĞ
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ĂƐƚĞƌŶ/ĚĂŚŽdĞĐŚŶŝĐĂůŽůůĞŐĞ ŝƚǇŽĨ^ŚĂĚǇŽǀĞ dŽǁŶŽĨEĞǁ ů ůĞŶƚŽŶ dŽǁŶŽĨ
ŵĞƌǇ ŝƚǇŽĨ^ŶŽƋƵĂůŵŝĞ
/ĚĂŚŽŝǀŝƐŝŽŶŽĨWƌŽĨĞƐƐŝŽŶĂůdĞĐŚŶŝĐĂů
ĚƵĐĂƚŝŽŶ ŝƚǇŽĨ^ŚĞƌŝ ĚĂŶ dŽǁŶŽĨEŝĐŚŽůƐ dŽǁŶŽĨ&ĂŝƌĨŝĞůĚ ŝƚǇŽĨ^ŽĂƉ>ĂŬĞ /ĚĂŚŽ^ƚĂƚĞhŶŝǀĞƌƐŝƚǇ ŝƚǇŽĨ^ŚĞƌǁŽŽĚ dŽǁŶŽĨEŝŶĞƚǇ^ŝǆ dŽǁŶŽĨ &ƌĂŶĐŝƐ ŝƚǇŽĨ^ŽƵƚŚĞŶĚ >ĞǁŝƐͲůĂƌŬ^ƚĂƚĞŽůůĞŐĞ ŝƚǇŽĨ^ŝůĞƚǌ dŽǁŶŽĨEŽƌƌŝƐ dŽǁŶŽĨ'Ă ƌĚĞŶŝƚǇ ŝƚǇŽĨ^ƉŽŬĂŶĞ EŽƌƚŚ/ĚĂŚŽŽůůĞŐĞ ŝƚǇŽĨ^ŝůǀĞƌƚŽŶ dŽǁŶŽĨEŽƌƚŚ dŽǁŶŽĨ'ĞŶŽůĂ ŝƚǇŽĨ^ƉŽŬĂŶĞsĂůůĞǇ hŶŝǀĞƌƐŝƚǇŽĨ/ĚĂŚŽ ŝƚǇŽĨ^ŝƐƚĞƌƐ dŽǁŶŽĨEŽƌǁĂǇ dŽǁŶŽĨ'ůĞŶĚĂů Ğ ŝƚǇŽĨ^ƉƌĂŐƵĞ

ĚƵĐĂƚŝŽŶ;<ͲϭϮͿ ŝƚǇŽĨ^ŽĚĂǀŝůůĞ dŽǁŶŽĨKůĂŶƚĂ dŽǁŶŽĨ'ůĞŶǁŽŽĚ ŝƚǇŽĨ^ƚĂŶǁŽŽĚ ďĞƌĚĞĞŶ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϱϴ ŝƚǇŽĨ^ƉƌĂǇ dŽǁŶŽĨWĂĐŽůĞƚ dŽǁŶ ŽĨ'ŽƐŚĞŶ ŝƚǇŽĨ^ƚĞǀĞŶƐŽŶ ƌďŽŶ
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ŵŵĞƚƚ/ŶĚĞƉĞŶĚĞŶƚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϮϮϭ ŝƚǇŽĨtĂůůŽǁĂ dŽǁŶŽ Ĩ^ŝǆDŝůĞ dŽǁŶŽĨKƌĚĞƌǀŝůůĞ ŝƚǇŽĨtŝŶůŽĐŬ &ŝůĞƌ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰϭϯ ŝƚǇŽĨtĂƌƌĞŶƚŽŶ dŽǁŶŽĨ^ŶĞůůŝŶŐ d ŽǁŶŽĨWĂƌĂĚŝƐĞ ŝƚǇŽĨtŽŽĚŝŶǀŝůůĞ &ŝƌƚŚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϱϵ ŝƚǇŽĨtĂƐĐŽ dŽǁŶŽĨ^ŽĐŝĞƚǇ,ŝůů dŽ ǁŶŽĨWĂƌĂŐŽŶĂŚ ŝƚǇŽĨtŽŽĚůĂŶĚ &ƌĞŵŽŶƚŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘Ϯϭϱ ŝƚǇŽĨtĞƐƚ>ŝŶŶ dŽǁŶŽĨ ^ŽƵƚŚŽŶŐĂƌĞĞ dŽǁŶŽĨWŽƌƚĂŐĞhƚĂŚ ŝƚǇŽĨzĂŬŝŵĂͬzĂŬŝŵĂŽƵŶƚǇ &ƌƵŝƚůĂŶĚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϯϳϯ ŝƚǇŽĨtĞƐƚĨŝƌ dŽǁŶŽĨ^ƉƌŝŶŐĚ ĂůĞ dŽǁŶŽĨZĂŶĚŽůƉŚ ŝƚǇŽĨzĞůŵ 'ĂƌĚĞŶsĂůůĞǇ^ĐŚŽŽůŝƐƚƌŝĐƚ ŝƚǇŽĨtĞƐƚŽŶ dŽǁŶŽĨ^ƚ͘'ĞŽƌŐĞ dŽ ǁŶŽĨZĞĚŵŽŶĚ ŝƚǇŽĨŝůůĂŚ 'ĞŶĞƐĞĞ:ŽŝŶƚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϮϴϮ ŝƚǇŽĨtŚĞĞůĞƌ dŽǁŶŽĨ^ƚ͘ DĂƚƚŚĞǁƐ dŽǁŶŽĨZŽĐŬǀŝůůĞ ŽŶƐŽůŝĚĂƚĞĚŽƌŽƵŐŚŽĨYƵŝůĞĚĂsŝů ůĂŐĞ 'ůĞŶŶƐ&ĞƌƌǇ:ŽŝŶƚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭϵϮ ŝƚǇŽĨtŝůůĂŵŝŶĂ dŽǁŶ ŽĨ^ƚƵĐŬĞǇ dŽǁŶŽĨZŽĐŬǇZŝĚŐĞ 'ƌĂǇƐ,ĂƌďŽƌŽƵŶĐŝůŽĨ'ŽǀĞƌŶŵĞŶ ƚƐ 'ŽŽĚŝŶŐ:ŽŝŶƚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘Ϯϯϭ ŝƚǇŽĨtŝůƐŽŶǀŝůůĞ dŽǁŶŽĨ ^ƵůůŝǀĂŶƐ/ƐůĂŶĚ dŽǁŶŽĨZƵƐŚsĂůůĞǇ dŽǁŶŽĨůŵŝƌĂ 'ƌĂĐĞ:ŽŝŶƚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭϰϴ ŝƚǇŽĨtŝŶƐƚŽŶ dŽǁŶŽĨ^ƵŵŵĞ ƌƚŽŶ dŽǁŶŽĨ^ĐŝƉŝŽ dŽǁŶŽĨĞĂƵǆƌƚƐsŝůůĂŐĞ ,ĂŐĞƌŵĂŶ:ŽŝŶƚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘Ϯϯϯ ŝƚǇŽĨtŽŽĚsŝůůĂŐĞ dŽǁŶ ŽĨ^ƵŵŵĞƌǀŝůůĞ dŽǁŶŽĨ^ĐŽĨŝĞůĚ dŽǁŶŽĨƵĐŽĚĂ ,ĂŶƐĞŶ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰϭϱ ŝƚǇŽĨtŽŽĚďƵƌŶ dŽǁŶŽĨ^Ƶŵŵŝƚ dŽǁ ŶŽĨ^ŝŐƵƌĚ dŽǁŶŽĨĂƌďŽŶĂĚŽ ,ŝŐŚůĂŶĚ:ŽŝŶƚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϯϬϱ ŝƚǇŽĨzĂĐŚĂƚƐ dŽǁŶŽĨ^Ƶ ƌĨƐŝĚĞĞĂĐŚ dŽǁŶŽĨ^ƉƌŝŶŐĚĂůĞ dŽǁŶŽĨĂƚŚůĂŵĞƚ ,ŽŵĞĚĂůĞ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϯϳϬ ŝƚǇŽĨzĂŵŚŝůů dŽǁŶŽĨ^ǁĂŶƐĞĂ d ŽǁŶŽĨ^ƚŽĐŬƚŽŶ dŽǁŶŽĨůǇĚĞ,ŝůů ,ŽƌƐĞƐŚŽĞĞŶĚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϳϯ ŝƚǇŽĨzŽŶĐĂůůĂ dŽǁŶŽĨdŝ ŵŵŽŶƐǀŝůůĞ dŽǁŶŽĨdŽƋƵĞƌǀŝůůĞ dŽǁŶŽĨŽůƚŽŶ /ĚĂŚŽ&ĂůůƐ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϵϭ dŽǁŶŽĨŽŶĂŶǌĂ dŽǁŶŽĨdƌĞŶƚŽ Ŷ dŽǁŶŽĨdŽƌƌĞǇ dŽǁŶŽĨŽŶĐŽŶƵůůǇ /ŶĚĞƉĞŶĚĞŶƚ^ĐŚŽŽůŝƐƚƌŝĐƚŽĨŽŝƐĞŝƚǇ dŽǁŶŽĨƵƚƚĞ&ĂůůƐ dŽǁ ŶŽĨdƵƌďĞǀŝůůĞ dŽǁŶŽĨdƌĞŶƚŽŶ dŽǁŶŽĨŽŶĐƌĞƚĞ :ĞĨĨĞƌƐŽŶŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘Ϯϱϭ dŽǁŶŽĨĂŶǇŽŶŝƚǇ dŽǁŶ ŽĨhůŵĞƌ dŽǁŶŽĨdƌŽƉŝĐ dŽǁŶŽĨŽƵůĞĞŝƚǇ :ĞƌŽŵĞ:ŽŝŶƚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘Ϯϲϭ dŽǁŶŽĨ>ĂŬĞǀŝĞǁ dŽǁŶŽĨsĂƌ ŶǀŝůůĞ dŽǁŶŽĨhŝŶƚĂŚ dŽǁŶŽĨŽƵůĞĞĂŵ :ŽŝŶƚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘Ϯ dŽǁŶŽĨ>ĞǆŝŶŐƚŽŶ dŽǁŶŽĨtĂŐĞŶĞƌ dŽǁŶ ŽĨsĞƌŶŽŶ dŽǁŶŽĨŽƵƉĞǀŝůůĞ ƉƉĞŶĚŝǆ WĂŐĞϯŽĨϭϰ

,ĂǁĂŝŝ /ĚĂŚŽ KƌĞŐŽŶ ^ŽƵƚŚĂƌŽůŝŶĂ hƚĂŚ tĂƐŚŝŶŐƚŽŶ
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ĚƵĐĂƚŝŽŶ dŽǁŶŽĨtĂƌĚ dŽǁŶŽĨsŝŶĞǇĂƌĚ dŽǁŶŽĨƌĞƐƚŽŶ
<ĞůůŽŐŐ:ŽŝŶƚ^ĐŚŽŽůŝƐƚƌŝĐƚϯϵϭ ůƵĞDŽƵŶƚĂŝŶŽŵŵƵŶŝƚǇŽůůĞŐ Ğ dŽǁŶŽĨtĂƌĞ^ŚŽĂůƐ dŽǁŶŽĨsŝƌŐŝŶ dŽǁŶŽĨƵƐŝĐŬ <ĞŶĚƌŝĐŬ:ŽŝŶƚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘Ϯϴϯ ĞŶƚƌĂůKƌĞŐŽŶŽŵŵƵŶŝƚǇ ŽůůĞŐĞ dŽǁŶŽĨtĞƐƚWĞůǌĞƌ dŽǁŶŽĨtĂůĞƐ dŽǁŶŽĨĂƌƌŝŶŐƚŽŶ <ŝŵďĞƌůǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰϭϰ ŚĞŵĞŬĞƚĂŽŵŵƵŶŝƚǇŽůůĞŐĞ dŽǁŶ ŽĨtĞƐƚhŶŝŽŶ dŽǁŶŽĨtĂůůƐďƵƌŐ dŽǁŶŽĨ ĂƚŽŶǀŝůůĞ
<ŽŽƚĞŶĂŝ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘Ϯϳϰ ůĂĐŬĂŵĂƐŽŵŵƵŶŝƚǇŽůůĞŐĞ dŽǁŶ ŽĨtŚŝƚŵŝƌĞ hŝŶƚĂŚĂƐŝŶƐƐŽĐŝĂƚŝŽŶŽĨ'ŽǀĞƌŶŵĞŶƚƐ dŽǁŶŽĨ ůŵĞ ƌŝƚǇ
<ƵŶĂ:ŽŝŶƚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϯ ůĂƚƐŽƉŽŵŵƵŶŝƚǇŽůůĞŐĞ dŽǁŶŽ ĨtŝůůŝĂŵƐƚŽŶ ,ŝŐŚĞƌ ĚƵĐĂƚŝŽŶ dŽǁŶŽĨ
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>ĂŬĞWĞŶĚKƌĞŝůůĞ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϴϰ ŽůƵŵďŝĂ'ŽƌŐĞŽŵŵƵŶŝƚ ǇŽůůĞŐĞ dŽǁŶŽĨtŝůůŝƐƚŽŶ ŽůůĞŐĞŽĨ ĂƐƚĞƌŶhƚĂŚ dŽǁŶŽĨ&ĂŝƌĨŝ ĞůĚ
>ĂŬĞůĂŶĚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϮϳϮ
ĂƐƚĞƌŶKƌĞŐŽŶhŶŝǀĞƌƐŝƚǇ dŽǁŶŽ ĨtŝŶŶƐďŽƌŽ ĂǀŝƐƉƉůŝĞĚdĞĐŚŶŽůŽŐǇŽůůĞŐĞ dŽǁŶŽĨ&ĂƌŵŝŶŐƚŽŶ >ĂƉǁĂŝ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϯϰϭ <ůĂŵĂƚŚŽŵŵƵŶŝƚǇŽůůĞŐĞŝƐƚƌŝĐ ƚ dŽǁŶŽĨzĞŵĂƐƐĞĞ ŝǆŝĞƉƉůŝĞĚdĞĐŚŶŽůŽŐǇŽůůĞŐĞ dŽǁŶŽĨ&ƌŝĚĂǇ ,ĂƌďŽƌ >ĞǁŝƐƚŽŶ/ŶĚĞƉĞŶĚĞŶƚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭ >ĂŶĞŽŵŵƵŶŝƚǇŽůůĞŐ Ğ ,ŝŐŚĞƌ ĚƵĐĂƚŝŽŶ ŝǆŝĞ^ƚĂƚĞhŶŝǀĞƌƐŝƚǇ dŽǁŶŽĨ'ĂƌĨŝĞůĚ
DĂĐŬĂǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭϴϮ >ŝŶŶͲĞŶƚŽŶŽŵŵƵŶŝƚǇŽůůĞŐĞ ŝŬĞ ŶdĞĐŚŶŝĐĂůŽůůĞŐĞ DŽƵŶƚĂŝŶůĂŶĚƉƉůŝĞĚdĞĐŚŶŽůŽŐǇŽůůĞŐĞ dŽǁŶ ŽĨ,ĂŵŝůƚŽŶ DĂĚŝƐŽŶ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϯϮϭ Dƚ͘,ŽŽĚŽŵŵƵŶŝƚǇŽůůĞŐĞ ĞĂƵĨŽ ƌƚ:ĂƐƉĞƌ,ŝŐŚĞƌ ĚƵĐĂƚŝŽŶŽŵŵŝƐƐŝŽŶ ZŽĐŬǇDŽƵŶƚĂŝŶhŶŝǀĞƌƐŝƚǇ ŽĨ,ĞĂůƚŚWƌŽĨĞƐƐŝŽŶƐ dŽǁŶŽĨ,ĂƌƌĂŚ DĂƌƐŚsĂůůĞǇ:ŽŝŶƚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘Ϯϭ KƌĞŐŽŶŽĂƐƚŽŵŵƵŶŝƚǇ ŽůůĞŐĞ ĞŶƚƌĂůĂƌŽůŝŶĂdĞĐŚŶŝĐĂůŽůůĞŐĞ ^Ăůƚ>ĂŬĞŽŵŵƵŶŝƚǇ ŽůůĞŐĞ dŽǁŶŽĨ,ĂƚƚŽŶ DĂƌƐŝŶŐ:ŽŝŶƚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϯϲϯ KƌĞŐŽŶĞƉĂƌƚŵĞŶƚŽĨŽŵŵƵ ŶŝƚǇŽůůĞŐĞƐĂŶĚtŽƌŬĨŽƌĐĞĞǀĞůŽƉŵĞŶƚ ůĞŵƐŽŶhŶŝǀĞƌƐŝƚǇ ^ŶŽǁ ŽůůĞŐĞ dŽǁŶŽĨ,ƵŶƚƐWŽŝŶƚ DĐĂůůͲŽŶŶĞůůǇ:ŽŝŶƚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰϮϭ KƌĞŐŽŶ,ĞĂůƚŚĂŶĚ ^ĐŝĞŶĐĞhŶŝǀĞƌƐŝƚǇ ŽĂƐƚĂůĂƌŽůŝŶĂhŶŝǀĞƌƐŝƚǇ ^ŽƵƚŚĞƌŶhƚĂŚhŶŝǀ ĞƌƐŝƚǇ dŽǁŶŽĨ/ŶĚĞǆ DĞĂĚŽǁƐsĂůůĞǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭϭ KƌĞŐŽŶ/ŶƐƚŝƚƵƚĞŽĨdĞĐŚŶŽ ůŽŐǇ ŽůůĞŐĞŽĨŚĂƌůĞƐƚŽŶ dŽŽĞůĞƉƉůŝĞĚdĞĐŚŶŽůŽŐǇŽůůĞŐĞ dŽǁŶ ŽĨ/ŽŶĞ DĞůďĂ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭϯϲ KƌĞŐŽŶ^ƚĂƚĞhŶŝǀĞƌƐŝƚǇ ĞŶŵĂƌŬdĞĐ ŚŶŝĐĂůŽůůĞŐĞ hŝŶƚĂŚĂƐŝŶƉƉůŝĞĚdĞĐŚŶŽůŽŐǇŽůůĞŐĞ dŽǁŶŽĨ>Ă ŽŶŶĞƌ DŝĚĚůĞƚŽŶ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭϯϰ KƌĞŐŽŶ^ƚĂƚĞhŶŝǀĞƌƐŝƚǇ͕KƌĞŐŽ ŶŐƌŝĐƵůƚƵƌĂů ǆƉĞƌŝŵĞŶƚ^ƚĂƚŝŽŶ &ůŽƌĞŶĐĞͲĂƌůŝŶŐƚŽŶdĞĐŚŶŝĐĂů ŽůůĞŐĞ hŶŝǀĞƌƐŝƚǇŽĨhƚĂŚ dŽǁŶŽĨ>ĂƌŽƐƐĞ DŝĚǀĂůĞ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰϯϯ KƌĞŐŽŶhŶŝǀĞƌƐŝƚǇ^ǇƐƚĞŵ &ƌĂŶĐŝƐ DĂƌŝŽŶhŶŝǀĞƌƐŝƚǇ hŶŝǀĞƌƐŝƚǇŽĨhƚĂŚ,ŽƐƉŝƚĂůƐĂŶĚůŝŶŝĐƐ dŽǁŶŽ Ĩ>ĂŵŽŶƚ DŝŶŝĚŽŬĂŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϯϯϭ WŽƌƚůĂŶĚŽŵŵƵŶŝƚǇŽůůĞ ŐĞ 'ƌĞĞŶǀŝůůĞdĞĐŚŶŝĐĂůŽůůĞŐĞ hƚĂŚ^ƚĂƚĞhŶŝǀĞƌƐŝƚǇ dŽǁŶŽĨ>ĂƚĂ Ś DŽƐĐŽǁ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘Ϯϴϭ WŽƌƚůĂŶĚ^ƚĂƚĞhŶŝǀĞƌƐŝƚǇ ,ŽƌƌǇͲ'Ğ ŽƌŐĞƚŽǁŶdĞĐŚŶŝĐĂůŽůůĞŐĞ hƚĂŚ^ǇƐƚĞŵŽĨ,ŝŐŚĞƌ ĚƵĐĂƚŝŽŶ dŽǁŶŽ Ĩ>ŝŶĚ
DŽƵŶƚĂŝŶ,ŽŵĞ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭϵϯ ZĞĞĚŽůůĞŐĞ >ĂŶĚĞƌhŶŝǀĞƌƐ ŝƚǇ hƚĂŚsĂůůĞǇhŶŝǀĞƌƐŝƚǇ dŽǁŶŽĨ>ǇŵĂŶ DŽƵŶƚĂŝŶsŝĞǁ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘Ϯϰϰ ZŽŐƵĞŽŵŵƵŶŝƚǇŽůůĞŐĞ DĞĚ ŝĐĂůhŶŝǀĞƌƐŝƚǇŽĨ^ŽƵƚŚĂƌŽůŝŶĂ tĞďĞƌ^ƚĂƚĞhŶŝǀĞƌƐŝƚǇ dŽǁŶŽĨ DĂůĚĞŶ DƵůůĂŶ^ĐŚŽŽůŝƐƚƌŝĐƚϯϵϮ ^ŽƵƚŚĞƌŶKƌĞŐŽŶhŶŝǀĞƌƐŝƚǇ DŝĚůĂŶĚƐdĞ ĐŚŶŝĐĂůŽůůĞŐĞ ĚƵĐĂƚŝŽŶ;<ͲϭϮͿ dŽǁŶŽĨDĂŶƐĨŝĞůĚ
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WůƵŵŵĞƌͲtŽƌůĞǇ:ŽŝŶƚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰϰ ŵŝƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚϰ : hŶŝǀĞƌƐŝƚǇŽĨ^ŽƵƚŚĂƌŽůŝŶĂ &ƌĞĞĚŽŵWƌĞƉĂƌĂƚŽƌǇĐĂĚĞŵǇ^ĐŚŽŽů ŝƐƚƌŝĐƚ dŽǁŶŽĨZŝǀĞƌƐŝĚĞ WŽĐĂƚĞůůŽͲŚƵďďƵĐŬ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘Ϯϱ ŶŶĞǆ^ĐŚŽŽůŝƐƚƌŝĐƚ Ϯϵ hŶŝǀĞƌƐŝƚǇŽĨ^ŽƵƚŚĂƌŽůŝŶĂ͕ŝŬĞŶ 'ĂƌĨŝĞůĚŽƵŶƚǇ^ĐŚŽŽůŝƐ ƚƌŝĐƚ dŽǁŶŽĨZŽĐŬĨŽƌĚ WŽƐƚ&ĂůůƐ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘Ϯϳϯ ƌůŝŶŐƚŽŶ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ ϯ hŶŝǀĞƌƐŝƚǇŽĨ^ŽƵƚŚĂƌŽůŝŶĂ͕hƉƐƚĂƚĞ 'ƌĂŶĚŽƵŶƚǇ^ĐŚŽŽůŝƐƚ ƌŝĐƚ dŽǁŶŽĨZŽƐĂůŝĂ WŽƚůĂƚĐŚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘Ϯϴϱ ƌŽĐŬ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϴϭ tŝů ůŝĂŵƐďƵƌŐdĞĐŚŶŝĐĂůŽůůĞŐĞ 'ƌĂŶŝƚĞ^ĐŚŽŽůŝƐƚƌŝĐƚ dŽǁŶŽĨZƵƐƚŽ Ŷ WƌĞƐƚŽŶ:ŽŝŶƚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϮϬϭ ƐŚůĂŶĚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ ͘ϱ tŝŶƚŚƌŽƉhŶŝǀĞƌƐŝƚǇ /ƌŽŶŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚ dŽǁŶŽĨ^ŬǇŬŽŵ ŝƐŚ ZŝĐŚĨŝĞůĚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϯϭϲ ƐŚǁŽŽĚ^ĐŚŽŽůŝƐƚƌŝĐƚ zŽƌŬdĞ ĐŚŶŝĐĂůŽůůĞŐĞ :ŽƌĚĂŶ^ĐŚŽŽůŝƐƚƌŝĐƚ dŽǁŶŽĨ^ŽƵƚŚůĞ ůƵŵ
ZŝƌŝĞ:ŽŝŶƚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϮϱϮ ƐƚŽƌŝĂ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ ϭ ĚƵĐĂƚŝŽŶ;<ͲϭϮͿ :ƵĂď^ĐŚŽŽůŝƐƚƌŝĐƚ dŽǁŶŽĨ^ŽƵƚŚWƌĂŝƌŝĞ ZŽĐŬůĂŶĚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϯϴϮ ƚŚĞŶĂͲtĞƐƚŽŶ^ĐŚŽŽůŝƐƚƌŝĐƚE Ž͘ϮϵZ: ďďĞǀŝůůĞŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚ <ĂŶĞŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌ ŝĐƚ dŽǁŶŽĨ^ƉĂŶŐůĞ ^ĂůŵŽŶZŝǀĞƌ:ŽŝŶƚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘Ϯϰϯ ĂŬĞƌ^ĐŚŽŽůŝƐƚƌŝĐƚ EŽ͘ϱ: ŝŬĞŶŽƵŶƚǇWƵďůŝĐ^ĐŚŽŽůƐ >ŽŐĂŶŝƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚ dŽǁ ŶŽĨ^ƉƌŝŶŐĚĂůĞ ^ĂůŵŽŶ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘Ϯϵϭ ĂŶĚŽŶ^ĐŚŽŽůŝƐƚƌŝĐƚ ůůĞŶĚĂůĞ ŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚ DŝůůĂƌĚ^ĐŚŽŽůŝƐƚƌŝĐƚ dŽǁŶŽĨ^ƚ͘:ŽŚŶ ^ŚĞůůĞǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϲϬ ĂŶŬƐ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭϯ ŶĚĞƌ ƐŽŶŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚƐϭĂŶĚϮĂƌĞĞƌĂŶĚdĞĐŚŶŽůŽŐǇĞŶƚĞƌ DŽƌŐĂŶ^ĐŚŽŽůŝƐƚƌŝĐƚ dŽǁŶŽĨ^ƚĞŝůĂĐŽŽŵ ^ŚŽƐŚŽŶĞ:ŽŝŶƚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϯϭϮ ĞĂǀĞƌƚŽŶ^ĐŚŽŽůŝƐƚƌŝĐƚ EŽ͘ϰϴ ŶĚĞƌƐŽŶ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭ DŽƵŶƚĂŝŶůĂŶĚ,ĞĂĚ^ƚĂƌƚWƌ ŽŐƌĂŵ^ĐŚŽŽůŝƐƚƌŝĐƚKĨĨŝĐĞ dŽǁŶŽĨdǁŝƐƉ ^ŶĂŬĞZŝǀĞƌ^ĐŚŽŽůŝƐƚƌŝĐƚ ĞŶĚͲ>ĂWŝŶĞWƵďůŝĐ^ĐŚŽŽůƐ ŶĚĞƌƐŽŶ ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘Ϯ DƵƌƌĂǇŝƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚ dŽǁŶŽĨhŶŝŽŶƚŽ ǁŶ ^ŽĚĂ^ƉƌŝŶŐƐ:ŽŝŶƚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭϱϬ ĞƚŚĞů^ĐŚŽŽůŝƐƚƌŝĐ ƚEŽ͘ϱϮ ŶĚĞƌƐŽŶ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϯ EĞďŽ^ĐŚŽŽůŝƐƚƌŝĐƚ dŽǁŶ ŽĨtĂƐŚƚƵĐŶĂ ^ŽƵƚŚ>ĞŵŚŝ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϮϵϮ ůĂĐŚůǇ^ĐŚŽŽůŝƐƚƌŝĐƚ ŶĚĞƌ ƐŽŶ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰ EŽƌƚŚ^ĂŶƉĞƚĞŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚ dŽ ǁŶŽĨtĂƚĞƌǀŝůůĞ ^ƚ͘DĂƌŝĞƐ:ŽŝŶƚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰϭ ůĂĐŚůǇ^ĐŚŽŽůŝƐƚƌŝĐƚ ϵϬ ŶĚĞƌƐŽŶ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϱ EŽƌƚŚ^ĂŶƉĞƚĞ^ĐŚŽŽůŝƐƚƌŝĐƚ dŽ ǁŶŽĨtĂǀĞƌůǇ ^ƵŐĂƌͲ^ĂůĞŵ:ŽŝŶƚŝƐƚƌŝĐƚEŽ͘ϯϮϮ ƌŽŽŬŝŶŐƐ,ĂƌďŽƌ^ĐŚŽŽůŝƐƚƌ ŝĐƚ ĂŵďĞƌŐ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭ EŽƌƚŚ^Ƶŵŵŝƚ^ĐŚŽŽůŝƐƚƌŝĐƚ dŽǁ ŶŽĨtŝůďƵƌ ^ǁĂŶsĂůůĞǇ
ůĞŵĞŶƚĂƌǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϯϯ ĂŵĂƐsĂůůĞǇ^ĐŚŽŽ ůŝƐƚƌŝĐƚ ĂŵďĞƌŐ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘Ϯ KŐĚĞŶŝƚǇ^ĐŚŽŽůŝƐƚƌŝ Đƚ dŽǁŶŽĨtŝůŬĞƐŽŶ ^ǁĂŶsĂůůĞǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϵϮ ĂŶďǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϴϲ ĂƌŶǁĞůů^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰϱ WĂƌŬŝƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚ dŽǁŶŽĨ tŝůƐŽŶƌĞĞŬ dĞƚŽŶŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰϬϭ ĂƐĐĂĚĞ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ ϱ ĞĂƵĨŽƌƚŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚ WŝƵƚĞŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚ dŽ ǁŶŽĨtŝŶƚŚƌŽƉ dŚƌĞĞƌĞĞŬ:ŽŝŶƚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰϭϲ ĞŶƚĞŶŶŝĂů^ĐŚŽŽůŝƐƚ ƌŝĐƚEŽ͘Ϯϴ: ĞƌŬĞůĞǇŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚ WƌŽǀŽŝƚǇ^ĐŚŽŽůŝ ƐƚƌŝĐƚ dŽǁŶŽĨtŽŽĚǁĂǇ dƌŽǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘Ϯϴϳ ĞŶƚƌĂůƵƌƌǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭ ůĂĐŬǀŝůůĞͲ,ŝůĚĂWƵďůŝĐ^ĐŚŽŽůƐ ZŝĐŚŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚ dŽǁŶ ŽĨzĂĐŽůƚ dǁŝŶ&ĂůůƐ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰϭϭ ĞŶƚƌĂů>ŝŶŶ^ĐŚŽŽůŝƐƚƌŝĐƚ ĂůŚŽƵŶŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚ ZŝĐŚ^ĐŚŽŽůŝƐƚƌŝĐƚ dŽǁŶŽĨzĂƌƌŽǁ WŽŝŶƚ sĂůůĞǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϮϲϮ ĞŶƚƌĂůWŽŝŶƚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ ϲ ŚĂƌůĞƐƚŽŶŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚ ZƵƌĂůhƚĂŚŚŝůĚĞǀĞůŽƉŵĞŶƚ ,ĞĂĚ^ƚĂƌƚWƌŽŐƌĂŵ^ĐŚŽŽůŝƐƚƌŝĐƚKĨĨŝĐĞ ,ŝŐŚĞƌ ĚƵĐĂƚŝŽŶ
sĂůůŝǀƵĞ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭϯϵ ĞŶƚƌĂů^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭϯ: ŚĞƌŽŬĞĞŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚ ^Ăůƚ>ĂŬĞŝƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚ Ă ƚĞƐdĞĐŚŶŝĐĂůŽůůĞŐĞ sŝƐŝŽŶŚĂƌƚĞƌ^ĐŚŽŽůŝƐƚƌŝĐƚηϰϲϯ ůĂĐŬĂŵĂƐ
ĚƵĐĂƚŝŽŶ^ĞƌǀŝĐĞ ŝƐƚƌŝĐƚ ŚĞƐƚĞƌŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚ ^ĂŶ:ƵĂŶ^ĐŚŽŽůŝƐƚƌŝĐƚ ĞůůĞǀƵĞŽŵŵƵŶŝƚǇŽůůĞŐĞ tĂůůĂĐĞ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϯϵϯ ůĂƚƐŬĂŶŝĞ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϲ : ŚĞƐƚĞƌĨŝĞůĚŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚ ^ĞǀŝĞƌ^ĐŚŽŽůŝƐƚƌŝĐƚ Ğůůŝ ŶŐŚĂŵdĞĐŚŶŝĐĂůŽůůĞŐĞ tĞŝƐĞƌ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰϯϭ ŽůƚŽŶ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϱϯ ůĂƌ ĞŶĚŽŶŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭ ^ŽƵƚŚ^ĂŶƉĞƚĞ^ĐŚŽŽůŝƐƚƌŝĐƚ ŝŐĞŶĚŽŵŵƵŶŝƚǇŽůůĞŐĞ tĞŶĚĞůů^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϮϯϮ ŽůƵŵďŝĂ'ŽƌŐĞ
ĚƵĐĂƚŝŽŶ^ĞƌǀŝĐĞ ŝƐƚƌŝĐƚ ůĂƌĞŶĚŽŶŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘Ϯ ^ŽƵƚŚ^Ƶŵŵŝƚ^ĐŚ ŽŽůŝƐƚƌŝĐƚ ĂƐĐĂĚŝĂŽŵŵƵŶŝƚǇŽůůĞŐĞ tĞƐƚŽŶŶĞƌŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϴϯ ŽŶĚŽŶ^ĐŚŽŽůŝƐƚƌŝĐƚ EŽ͘Ϯϱ: ůĂƌĞŶĚŽŶŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϯ ^ƵƵ,ĞĂĚ^ƚĂƌƚWƌ ŽŐƌĂŵ^ĐŚŽŽůŝƐƚƌŝĐƚ ĞŶƚƌĂůtĂƐŚŝŶŐƚŽŶhŶŝǀĞƌƐŝƚǇ tĞƐƚ:ĞĨĨĞƌƐŽŶ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘Ϯϱϯ ŽŽƐĂǇ^ĐŚŽŽůŝƐƚƌŝĐƚ EŽ͘ϵ ůŽǀĞƌ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘Ϯ dŚŽŵĂƐ ĚŝƐŽŶŚĂƌƚĞƌ^ĐŚŽŽůƐ ĞŶƚƌĂůŝĂŽůůĞŐĞ
tĞƐƚ^ŝĚĞ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϮϬϮ ŽƋƵŝůůĞ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϴ ŽůůĞƚŽŶŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚ dŝŶƚŝĐ^ĐŚŽŽůŝƐƚƌŝĐƚ ůĂƌŬŽůů ĞŐĞ tŚŝƚĞƉŝŶĞ:ŽŝŶƚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘Ϯϴϴ ŽƌďĞƚƚ^ĐŚŽŽůŝƐƚƌŝĐƚ EŽ͘ϯϵ ĂƌůŝŶŐƚŽŶŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚ dŽŽĞůĞŽƵŶƚǇ^ĐŚŽŽůŝƐ ƚƌŝĐƚ ůŽǀĞƌWĂƌŬdĞĐŚŶŝĐĂůŽůůĞŐĞ tŝůĚĞƌ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭϯϯ ŽƌǀĂůůŝƐ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϱϬϵ : ĞůƚĂZͲs^ĐŚŽŽůŝƐƚƌŝĐƚ hŝŶƚĂŚ^ĐŚŽŽůŝƐƚƌŝĐƚ ŽůƵŵďŝĂĂƐŝŶ ŽŵŵƵŶŝƚǇŽůůĞŐĞ ^ƉĞĐŝĂůŝƐƚƌŝĐƚ ŽǀĞ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭϱ ŝůůŽŶŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭ t ĂƐĂƚĐŚŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚ ŽŵŵƵŶŝƚǇŽůůĞŐĞƐŽĨ^ƉŽŬĂŶĞ ĚĂŽƵŶƚǇ
ŵĞƌŐĞŶĐǇDĞĚŝĐĂů^ĞƌǀŝĐĞƐŝƐƚƌŝĐƚ ƌĂŶĞ
ůĞŵĞŶƚĂƌǇ ^ĐŚŽŽůŝƐƚƌŝĐƚ ŝůůŽŶŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘Ϯ tĂƐŚŝŶŐƚŽŶŽ ƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚ ĂƐƚĞƌŶtĂƐŚŝŶŐƚŽŶhŶŝǀĞƌƐŝƚǇ
ĚĂŽƵŶƚǇ,ŝŐŚǁĂǇŝƐƚƌŝĐƚ ƌĞƐǁĞůů^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰϬ ŝůůŽ ŶŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϯ tĂǇŶĞŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚ ĚŵŽŶ ĚƐŽŵŵƵŶŝƚǇŽůůĞŐĞ
ĚĂŵƐŽƵŶƚǇZĞĐƌĞĂƚŝŽŶŝƐƚƌŝĐƚ ƌŽŽŬŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚ ŝů ůŽŶŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰ tĞďĞƌ^ĐŚŽŽůŝƐƚƌŝĐƚ ǀĞƌĞƚƚŽ ŵŵƵŶŝƚǇŽůůĞŐĞ
ŚƐĂŚŬĂtĂƚĞƌĂŶĚ^ĞǁĞƌŝƐƚƌŝĐƚ ƌŽǁͲƉƉůĞŐĂƚĞͲ>ŽƌĂŶĞ^ĐŚŽŽůŝ ƐƚƌŝĐƚEŽ͘ϲϲ ŝŽĐĞƐĞKĨŚĂƌůĞƐƚŽŶ^ĐŚŽŽůƐ ^ƉĞĐŝĂůŝƐƚƌŝĐƚ ǀĞƌŐƌĞĞŶ^ƚĂƚĞŽůůĞŐĞ
ůďŝŽŶ,ŝŐŚǁĂǇŝƐƚƌŝĐƚ ƵůǀĞƌ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰ ŽƌĐŚĞƐƚĞƌ^ ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘Ϯ ƐŚƌĞĞŬ^ƉĞĐŝĂů^ĞƌǀŝĐĞŝƐƚƌŝĐƚ 'ƌĂǇƐ,Ăƌ ďŽƌŽůůĞŐĞ ůƉŝŶĞDĞĂĚŽǁƐtĂƚĞƌĂŶĚ^ĞǁĞƌŝƐƚƌŝĐƚ ĂůůĂƐ^ĐŚŽŽůŝƐƚƌŝĐƚE Ž͘Ϯ ŽƌĐŚĞƐƚĞƌ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰ ƐŚůĞǇsĂůůĞǇtĂƚĞƌĂŶĚ^Ğǁ Ğƌ/ŵƉƌŽǀĞŵĞŶƚŝƐƚƌŝĐƚ 'ƌĞĞŶZŝǀĞƌŽŵŵƵŶŝƚǇŽůůĞŐĞ ŵĞƌŝĐĂŶ&ĂůůƐ&ƌĞĞ>ŝďƌĂƌǇŝƐƚƌŝĐƚ ĂǀŝĚŽƵŐůĂƐ^ĐŚŽŽůŝƐƚƌŝ ĐƚEŽ͘ϰϬ ĚŐĞĨŝĞůĚŽƵŶƚǇ^ĐŚŽŽůƐ ĂůůĂƌĚtĂƚĞƌĂŶĚ^ĞǁĞƌ/ŵƉƌŽǀ ĞŵĞŶƚŝƐƚƌŝĐƚ ,ŝŐŚůŝŶĞŽŵŵƵŶŝƚǇŽůůĞŐĞ ŵĞƌŝĐĂŶ&ĂůůƐ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ ĂǇƚŽŶ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϴ &Ăŝ ƌĨŝĞůĚŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚ ĞĂƌ>ĂŬĞ^ƉĞĐŝĂů^ĞƌǀŝĐĞŝƐƚƌŝĐƚ >ĂŬĞtĂƐŚŝŶŐƚŽŶ/ŶƐƚŝƚƵƚĞŽĨdĞĐŚŶŽůŽŐǇ ƚůĂŶƚĂ,ŝŐŚǁĂǇŝƐƚƌŝĐƚ ĂǇǀŝůůĞ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭϲ: &ůŽƌĞŶĐ ĞŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭ ĞĂƌZŝǀĞƌtĂƚĞƌŽŶƐĞƌǀĂŶĐǇŝƐƚ ƌŝĐƚ >ŽǁĞƌŽůƵŵďŝĂŽůůĞŐĞ ǀĞƌǇtĂƚĞƌĂŶĚ^ĞǁĞƌŝƐƚƌŝĐƚ ŽƵŐůĂƐŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚ &ůŽ ƌĞŶĐĞŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘Ϯ ĞŶĐŚůĂŶĚtĂƚĞƌŝƐƚƌŝĐƚ EŽƌƚŚ ǁĞƐƚ/ŶĚŝĂŶŽůůĞŐĞ ǀŽŶĚĂůĞ/ƌƌŝŐĂƚŝŽŶŝƐƚƌŝĐƚ ŽƵŐůĂƐŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ ϰ &ůŽƌĞŶĐĞŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϯ ĞŶƐŽŶƵůŝŶĂƌǇtĂƚĞƌ/ŵƉ ƌŽǀĞŵĞŶƚŝƐƚƌŝĐƚ KůǇŵƉŝĐŽůůĞŐĞ ĂǇǀŝĞǁtĂƚĞƌĂŶĚ^ĞǁĞƌŝƐƚƌŝĐƚ ŽƵŐůĂƐ
ĚƵĐĂƚŝŽŶ^ĞƌǀŝĐĞŝƐƚƌ ŝĐƚ &ůŽƌĞŶĐĞŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰ ŽŶĂsŝƐƚĂtĂƚĞƌ/ŵƉƌŽǀ ĞŵĞŶƚŝƐƚƌŝĐƚ WĞŶŝŶƐƵůĂŽůůĞŐĞ ĞĂƌ>ĂŬĞŽƵŶƚǇ>ŝďƌĂƌǇŝƐƚƌŝĐƚ ƵĨƵƌ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘Ϯϵ &ů ŽƌĞŶĐĞŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϱ ĂĐŚĞDŽƐƋƵŝƚŽďĂƚĞŵĞŶƚŝƐ ƚƌŝĐƚ WŝĞƌĐĞŽůůĞŐĞ ĞŶĐŚ^ĞǁĞƌŝƐƚƌŝĐƚ
ĂŐůĞWŽŝŶƚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϵ &ƚ͘Dŝůů^ ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰ ĂĐŚĞsĂůůĞǇdƌĂŶƐŝƚŝƐƚƌŝĐƚ ZĞŶƚŽŶdĞĐŚŶŝĐ ĂůŽůůĞŐĞ ĞŶĞǁĂŚŽƵŶƚǇ&ƌĞĞ>ŝďƌĂƌǇŝƐƚƌŝĐƚ
ĐŚŽ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϱ ' ĞŽƌŐĞƚŽǁŶŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚ ĂŶǇŽŶůĂŶĚƐ,ĞĂůƚŚĂƌĞ^ƉĞĐŝĂů ^ĞƌǀŝĐĞŝƐƚƌŝĐƚ ^ĞĂƚƚůĞŽŵŵƵŶŝƚǇŽůůĞŐĞƐŝƐƚƌŝĐƚs/ ŝŐĂŶǇŽŶ&ŝƌĞŝƐƚƌŝĐƚ
ůŐŝŶ^ĐŚŽŽůŝƐƚƌŝĐƚ 'ƌĞĞŶǀŝůůĞŽƵŶƚǇ ^ĐŚŽŽůŝƐƚƌŝĐƚ ĂƌďŽŶŽƵŶƚǇ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ ^ŚŽƌĞůŝŶĞŽŵŵƵŶŝ ƚǇŽůůĞŐĞ ůĂŝŶĞŽƵŶƚǇ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ
ůŬƚŽŶ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϯϰ 'ƌĞ ĞŶǁŽŽĚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϱϬ ĂƌďŽŶŽƵŶƚǇDƵŶŝĐŝƉĂůƵŝůĚŝŶŐ ƵƚŚŽƌŝƚǇ ^ŬĂŐŝƚsĂůůĞǇŽůůĞŐĞ ůĂŝŶĞŽƵŶƚǇZĞĐƌĞĂƚŝŽŶŝƐƚƌŝĐƚ
ŶƚĞƌƉƌŝƐĞ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ Ϯϭ 'ƌĞĞŶǁŽŽĚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϱϮ ĂƌďŽŶŽƵŶƚǇZĞĐƌĞĂƚŝŽŶdƌĂ ŶƐƉŽƌƚĂƚŝŽŶ^ƉĞĐŝĂů^ĞƌǀŝĐĞŝƐƚƌŝĐƚ ^ŽƵƚŚWƵŐĞƚ^ŽƵŶĚŽŵŵƵŶŝƚǇ ŽůůĞŐĞ ůŝƐƐ&ŝƌĞŝƐƚƌŝĐƚ
ƐƚĂĐĂĚĂ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭϬϴ ,ĂŵƉƚŽŶŽƵŶ ƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘Ϯ ĂƌďŽŶtĂƚĞƌŽŶƐĞƌǀĂŶĐǇŝƐƚƌŝĐƚ dĂĐŽŵĂ ŽŵŵƵŶŝƚǇŽůůĞŐĞ ŽŝƐĞĂƐŝŶ>ŝďƌĂƌǇŝƐƚƌŝĐƚ
ƵŐĞŶĞ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰ: ,ĂŵƉƚŽ Ŷ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭ ĂƐƚůĞsĂůůĞǇ^ƉĞĐŝĂů^ĞƌǀŝĐĞŝƐƚƌŝĐƚ hŶ ŝǀĞƌƐŝƚǇŽĨtĂƐŚŝŶŐƚŽŶ ŽŝƐĞŝƚǇͬĚĂŽƵŶƚǇ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ &ĂůůƐŝƚǇ^ĐŚŽŽůŝƐƚƌŝ Đƚ ,ŽƌƌǇŽƵŶƚǇ^ĐŚŽŽůƐ ĞĚĂƌŝƚǇ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ tĂůůĂtĂůůĂ ŽŵŵƵŶŝƚǇŽůůĞŐĞ ŽŝƐĞͲ<ƵŶŐ/ƌƌŝŐĂƚŝŽŶŝƐƚƌŝĐƚ &ĞƌŶZŝĚŐĞ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘Ϯϴ : :ĂƐƉĞƌŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚ ĞĚĂƌDŽƵŶƚĂŝŶ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝ ƐƚƌŝĐƚ tĂƐŚŝŶŐƚŽŶ^ƚĂƚĞŽĂƌĚĨŽƌŽŵŵƵŶŝƚǇĂŶĚdĞĐŚŶŝĐĂůŽůůĞŐ ĞƐ ŽŶŶĞǀŝůůĞŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϭ &ŽƌĞƐƚ'ƌŽǀĞ^ĐŚŽŽůŝƐƚƌŝĐ ƚ :ŽŚŶĚĞůĂ,ŽǁĞ^ĐŚŽŽůŝƐƚƌŝĐƚ ĞĚĂƌǀŝĞǁͲDŽŶƚǁĞůů^ƉĞĐŝĂů^Ğƌǀ ŝĐĞŝƐƚƌŝĐƚ tĂƐŚŝŶŐƚŽŶ^ƚĂƚĞ,ŝŐŚĞƌ ĚƵĐĂƚŝŽŶ&ĂĐŝůŝƚŝĞƐƵƚŚŽƌ ŝƚǇ
ƌƵŶĞĂƵsĂůůĞǇŝƐƚƌŝĐƚ>ŝďƌĂƌǇ &ŽƐƐŝů^ĐŚŽŽůŝƐƚƌŝĐƚϮϭ: <ĞƌƐŚĂ ǁŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚ ĞŶƚƌĂůĂǀŝƐŽƵŶƚǇ^ĞǁĞƌŝƐƚƌŝĐƚ tĂƐŚ ŝŶŐƚŽŶ^ƚĂƚĞ^ƚƵĚĞŶƚĐŚŝĞǀĞŵĞŶƚŽƵŶĐŝů ƉƉĞŶĚŝǆ WĂŐĞϰŽĨϭϰ

,ĂǁĂŝŝ /ĚĂŚŽ KƌĞŐŽŶ ^ŽƵƚŚĂƌŽůŝŶĂ hƚĂŚ tĂƐŚŝŶŐƚŽŶ
ƌƵŶĞĂƵtĂƚĞƌĂŶĚ^ĞǁĞƌŝƐƚƌŝĐƚ 'ĂƐƚŽŶ^ĐŚŽŽůŝƐƚƌŝĐƚϱϭϭ: >ĂŶ ĐĂƐƚĞƌŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚ ĞŶƚƌĂů/ƌŽŶŽƵŶƚǇtĂƚĞƌŽŶƐĞƌǀĂ ŶĐǇŝƐƚƌŝĐƚ tĂƐŚŝŶŐƚŽŶ^ƚĂƚĞhŶŝǀĞƌƐŝƚǇ ƵŚů,ŝŐŚǁĂǇŝƐƚƌŝĐƚ 'ĞƌǀĂŝƐ^ĐŚŽŽůŝƐƚƌŝĐƚ >ĂƵƌĞŶƐŽƵŶƚǇ^ĐŚŽ ŽůŝƐƚƌŝĐƚEŽ͘ϱϱ ĞŶƚƌĂůhƚĂŚtĂƚĞƌŽŶƐĞƌǀĂŶĐǇŝƐƚƌŝĐƚ tĂƐŚŝŶ ŐƚŽŶ^ƚĂƚĞhŶŝǀĞƌƐŝƚǇ͕sĂŶĐŽƵǀĞƌ ƵŚůZƵƌĂů&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚ 'ůĂĚƐƚŽŶĞ^ĐŚŽŽůŝƐƚƌŝĐƚ >ĂƵ ƌĞŶƐŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϱϲ ĞŶƚƌĂůtĞďĞƌ^ĞǁĞƌ/ŵƉƌŽǀĞŵĞ ŶƚŝƐƚƌŝĐƚ tĞŶĂƚĐŚĞĞsĂůůĞǇŽůůĞŐĞ ƵƌůĞǇ,ŝŐŚǁĂǇŝƐƚƌŝĐƚ 'ůĞŶĚĂůĞ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϳϳ >ĞĞŽƵŶƚ Ǉ^ĐŚŽŽůŝƐƚƌŝĐƚ ŚĂƌůĞƐƚŽŶtĂƚĞƌŽŶƐĞƌǀĂŶĐǇŝƐƚƌŝĐƚ tĞƐƚĞƌŶt ĂƐŚŝŶŐƚŽŶhŶŝǀĞƌƐŝƚǇ ĂůĚǁĞůů,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ 'ůŝĚĞ^ĐŚŽŽůŝƐƚƌŝĐƚ >ĞŐĂĐǇŚĂƌƚĞƌ^ ĐŚŽŽůƐ ŽƉƉĞƌƚŽŶ/ŵƉƌŽǀĞŵĞŶƚŝƐƚƌŝĐƚ tŚĂƚĐŽŵŽŵŵƵŶŝƚǇŽůůĞŐĞ ĂŶǇŽŶ,ŝŐŚǁĂǇŝƐƚƌŝĐƚEŽ͘ϰ 'ƌĂŶƚŽƵŶƚǇ
ĚƵĐĂƚŝŽŶ^ĞƌǀŝĐĞŝƐ ƚƌŝĐƚ >ĞǆŝŶŐƚŽŶŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭ ŽƚƚŽŶǁŽŽĚ/ŵƉƌŽǀĞŵĞ ŶƚŝƐƚƌŝĐƚ zĂŬŝŵĂsĂůůĞǇŽŵŵƵŶŝƚǇŽůůĞŐĞ ĂƐĐĂĚĞZƵƌĂů&ŝƌĞŝƐƚƌŝĐƚ 'ƌĂŶƚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϯ >ĞǆŝŶŐƚŽŶ ŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘Ϯ ĂǀŝƐŽŵŵƵŶŝƚǇ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ ĚƵĐĂƚŝŽŶ;<ͲϭϮͿ
ĂƐƚůĞĨŽƌĚZƵƌĂů&ŝƌĞŝƐƚƌŝĐƚ 'ƌĂŶƚƐWĂƐƐ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϳ >ĞǆŝŶŐƚŽŶŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϯ ĂǀŝƐŽƵŶƚǇ,ŽƵƐŝŶŐƵƚŚ ŽƌŝƚǇ ďĞƌĚĞĞŶ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϱ ĞŶƚƌĂů&ŝƌĞŝƐƚƌŝĐƚ 'ƌĞĂƚĞƌůďĂŶǇWƵďůŝĐ^ĐŚŽŽůŝƐƚƌŝĐƚϴ: >Ğ ǆŝŶŐƚŽŶŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰ ĂǀŝƐͲ^Ăůƚ>ĂŬĞĞƌŝĂů^ƉƌĂ ǇƵƚŚŽƌŝƚǇ ĚŶĂ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϮϮϲ ĞŶƚƌĂůKƌĐŚĂƌĚƐ^ĞǁĞƌŝƐƚƌŝĐƚ 'ƌĞƐŚĂŵͲĂƌůŽǁ^ĐŚŽŽůŝƐƚƌŝĐƚ >Ğ ǆŝŶŐƚŽŶͲZŝĐŚůĂŶĚŽƵŶƚŝĞƐ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϱ ƵĐŚĞƐŶĞŽƵŶƚǇ hƉƉĞƌŽƵŶƚƌǇtĂƚĞƌ/ŵƉƌŽǀĞŵĞŶƚŝƐƚƌŝĐƚ ůŵŝƌĂ^ĐŚŽŽůŝƐƚƌŝĐƚ EŽ͘ϭϳ ĞŶƚƌĂů^ŚŽƐŚŽŶĞŽƵŶƚǇtĂƚĞƌŝƐƚƌŝĐƚ ,ĂƌŶĞǇŽƵŶƚǇ^ĐŚŽŽůŝƐƚ ƌŝĐƚEŽ͘ϯ DĂƌŝŽŶŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚ ƵĐŚĞƐŶĞŽƵŶƚǇtĂƚĞƌŽ ŶƐĞƌǀĂŶĐǇŝƐƚƌŝĐƚ ŶĂĐŽƌƚĞƐ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭϬϯ ůĂƌŬŽƵŶƚǇŝƐƚƌŝĐƚ>ŝďƌĂƌǇ ,ĂƌŶĞǇ
ĚƵĐĂƚŝŽŶ^ĞƌǀŝĐĞŝƐƚƌŝĐƚ D ĂƌŝŽŶŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϳ ŵĞƌǇŽƵŶƚǇ,ŽƵƐŝŶŐƵƚŚŽƌŝƚ Ǉ ƌůŝŶŐƚŽŶWƵďůŝĐ^ĐŚŽŽůƐ ůĂƌŬŝĂ&ƌĞĞ>ŝďƌĂƌǇŝƐƚƌŝĐƚ ,ĂƌƉĞƌ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϲϲ DĂƌůď ŽƌŽŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚ ŵĞƌǇŽƵŶƚǇDƵŶŝĐŝƉĂůƵŝůĚŝŶŐƵƚŚŽ ƌŝƚǇ ƐŽƚŝŶͲŶĂƚŽŶĞ^ĐŚŽŽůŝƐƚƌŝĐƚ ůĂƌŬŝĂ,ŝŐŚǁĂǇŝƐƚƌŝĐƚ ,ĂƌƌŝƐďƵƌŐ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϳ DĐŽƌŵŝ ĐŬŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚ ŵĞƌǇŽƵŶƚǇ^ƉĞĐŝĂů^ĞƌǀŝĐĞŝƐƚƌŝĐƚ EŽ͘ϭ ƵďƵƌŶ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰϬϴ ůĞĂƌǁĂƚĞƌ&ƌĞĞ>ŝďƌĂƌǇŝƐƚƌŝĐƚ ,Ğůŝǆ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭͲZ EĞ ǁďĞƌƌǇŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚ ŵĞƌǇtĂƚĞƌŽŶƐĞƌǀĂŶĐǇŝƐƚƌŝĐƚ Ă ŝŶďƌŝĚŐĞ/ƐůĂŶĚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϯϬϯ ůĞĂƌǁĂƚĞƌ,ŝŐŚǁĂǇŝƐƚƌŝĐƚ ,ĞƌŵŝƐƚŽŶ^ĐŚŽŽůŝƐƚƌŝĐƚ KĐŽŶĞĞŽƵŶ ƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚ ŵŝŐƌĂƚŝŽŶ/ŵƉƌŽǀĞŵĞŶƚŝƐƚƌŝĐƚ ĂƚƚůĞ'ƌŽƵŶĚ ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭϭϵ ůĞĂƌǁĂƚĞƌ^ŽŝůĂŶĚtĂƚĞƌŽŶƐĞƌǀĂƚŝŽŶŝƐƚƌŝĐƚ ,ŝŐŚĞƐĞƌƚ ĚƵĐ ĂƚŝŽŶ^ĞƌǀŝĐĞŝƐƚƌŝĐƚ KƌĂŶŐĞďƵƌŐŽŶƐŽůŝĚĂƚĞĚ^ĐŚŽŽůŝƐƚƌŝĐƚ& ŽƵƌ &ƌƵŝƚůĂŶĚ^ƉĞĐŝĂů^ĞƌǀŝĐĞŝƐƚƌŝĐƚ ĞůůĞǀƵĞŚƌŝƐƚŝĂŶ^ĐŚŽŽů ŝƐƚƌŝĐƚ ůĞĂƌǁĂƚĞƌtĂƚĞƌŝƐƚƌŝĐƚ ,ŝůůƐďŽƌŽ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭ: KƌĂŶŐĞ ďƵƌŐŽƵŶƚǇŽŶƐŽůŝĚĂƚĞĚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϯ 'ĂƌĚĞŶŝƚǇ&ŝƌĞ ŝƐƚƌŝĐƚ ĞůůĞǀƵĞ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰϬϱ ŽŶƐŽůŝĚĂƚĞĚ&ƌĞĞ>ŝďƌĂƌǇŝƐƚƌŝĐƚ ,ŽŽĚZŝǀĞƌŽƵŶƚǇ^ĐŚŽŽůŝƐƚ ƌŝĐƚ KƌĂŶŐĞďƵƌŐŽƵŶƚǇŽŶƐŽůŝĚĂƚĞĚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϱ 'ƌĂŶĚ ŽƵŶƚǇ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ ĞůůŝŶŐŚĂŵ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϱϬϭ ŽƚƚŽŶǁŽŽĚ,ŝŐŚǁĂǇŝƐƚƌŝĐƚ ,ƵŶƚŝŶŐƚŽŶ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭϲ: Wŝ ĐŬĞŶƐŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚ 'ƌĂŶŐĞƌͲ,ƵŶƚĞƌ/ŵƉƌŽǀĞŵĞŶƚŝƐƚƌŝĐƚ ĞŶŐĞ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭϮϮ ƵƐƚĞƌ^ŽŝůĂŶĚtĂƚĞƌŽŶƐĞƌǀĂƚŝŽŶŝƐƚƌŝĐƚ /ŵďůĞƌ^ĐŚŽŽůŝƐƚƌŝ ĐƚEŽ͘ϭϭ ZŝĐŚůĂŶĚŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭ ,ĞďĞƌsĂůůĞǇ^ƉĞĐ ŝĂů^ĞƌǀŝĐĞŝƐƚƌŝĐƚ ĞƚŚĞů^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰϬϯ ŝĞƚƌŝĐŚ&ŝƌĞŝƐƚƌŝĐƚ /ŶƚĞƌDŽƵŶƚĂŝŶ
ĚƵĐĂƚŝŽŶ^ĞƌǀŝĐĞŝƐƚƌŝĐƚ Z ŝĐŚůĂŶĚŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘Ϯ ,ŽŽƉĞƌtĂƚĞƌ/ŵƉƌŽǀĞŵĞŶƚŝ ƐƚƌŝĐƚ ŝĐŬůĞƚŽŶ^ĐŚŽŽůŝƐƚƌŝĐƚ ŝĞƚƌŝĐŚ,ŝŐŚǁĂǇŝƐƚƌŝĐƚ /ŽŶĞ^ĐŚŽŽůŝƐƚƌŝĐƚZϮ ZŽĐŬ,ŝůů^ĐŚŽŽ ůŝƐƚƌŝĐƚEŽ͘ϯ :ĞŶƐĞŶtĂƚĞƌ/ŵƉƌŽǀĞŵĞŶƚŝƐƚƌŝĐƚ ůĂŝŶĞ^ĐŚŽŽů ŝƐƚƌŝĐƚEŽ͘ϱϬϯ ŽƵŵĞĐƋ,ŝŐŚǁĂǇŝƐƚƌŝĐƚ :ĂĐŬƐŽŶŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϵ ^Ăů ƵĚĂ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭ :ŽŚŶƐŽŶtĂƚĞƌ/ŵƉƌŽǀĞŵĞŶƚŝƐƚƌŝĐƚ ŽŝƐ ƚĨŽƌƚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘Ϯϯϰ ŽǁŶĞǇ^ǁĂŶ>ĂŬĞ,ŝŐŚǁĂǇŝƐƚƌŝĐƚ :ĂĐŬƐŽŶ
ĚƵĐĂƚŝŽŶ^ĞƌǀŝĐĞŝƐƚ ƌŝĐƚ ^ŽƵƚŚĂƌŽůŝŶĂWƵďůŝĐŚĂƌƚĞƌ^ĐŚŽŽůŝƐƚƌŝĐƚ :ŽƌĚĂŶsĂůůĞǇ tĂƚĞƌŽŶƐĞƌǀĂŶĐǇŝƐƚƌŝĐƚ ƌĞŵĞƌƚŽŶ^ĐŚŽŽůŝƐƚƌŝĐƚ ƌǇƌĞĞŬĞŵĞƚĞƌǇDĂŝŶƚĞŶĂŶĐĞŝƐƚƌŝĐƚ :ĞĨĨĞƌƐŽŶŽƵŶƚǇ^ĐŚŽŽů ŝƐƚƌŝĐƚEŽ͘ϱϬϵͲ: ^ƉĂƌƚĂ ŶďƵƌŐŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭ :ŽƌĚĂŶĞůůĞ^ƉĞĐŝĂů^ĞƌǀŝĐĞŝ ƐƚƌŝĐƚ ƌĞǁƐƚĞƌ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭϭϭ

ĂŐůĞ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚ :ĞĨĨĞƌƐŽŶ^ĐŚŽŽůŝƐƚƌŝĐƚ ^ƉĂƌƚĂŶď ƵƌŐŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘Ϯ :ƵĂď^ƉĞĐŝĂů^ĞƌǀŝĐĞ&ŝƌĞŝƐƚƌ ŝĐƚ ƌŝĚŐĞƉŽƌƚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϳϱ

ĂŐůĞ^ĞǁĞƌŝƐƚƌŝĐƚ :ĞǁĞůů^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϴ ^ƉĂƌƚĂŶďƵƌŐŽƵ ŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϯ <ĂŶĞŽƵŶƚǇtĂƚĞƌŽŶƐĞƌǀĂŶĐǇŝƐƚƌŝĐƚ ƌŝŶŶŽŶ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰϲ

ĂƐƚŽŶŶĞƌŽƵŶƚǇ&ƌĞĞ>ŝďƌĂƌǇŝƐƚƌŝĐƚ :ŽŚŶĂǇ^ĐŚŽŽůŝƐƚƌŝĐ ƚEŽ͘ϯ ^ƉĂƌƚĂŶďƵƌŐŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰ <ĞĂƌŶƐ/ŵƉƌŽǀĞŵĞ ŶƚŝƐƚƌŝĐƚ ƵƌůŝŶŐƚŽŶͲ ĚŝƐŽŶ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭϬϬ

ĂƐƚŽŶŶĞƌŽƵŶƚǇ>ŝďƌĂƌǇŝƐƚƌŝĐƚ :ŽƌĚĂŶsĂůůĞǇ^ĐŚŽŽůŝƐƚƌŝĐ ƚEŽ͘ϯ ^ƉĂƌƚĂŶďƵƌŐŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϱ >ĂŬĞWŽŝŶƚ/ŵƉƌŽ ǀĞŵĞŶƚŝƐƚƌŝĐƚ ĂŵĂƐ^ĐŚŽŽůŝƐƚƌŝĐƚ

ĂƐƚ'ƌĞĞŶĂĐƌĞƐ/ƌƌŝŐĂƚŝŽŶŝƐƚƌŝĐƚ :ŽƐĞƉŚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϲ ^ƉĂƌƚĂŶďƵƌŐŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϲ >ŽŐĂŶͲĂĐŚĞŝƌƉŽƌƚƵƚ ŚŽƌŝƚǇ ĂƉĞ&ůĂƚƚĞƌǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰϬϭ

ĂƐƚĞƌŶ/ĚĂŚŽWƵďůŝĐ,ĞĂůƚŚŝƐƚƌŝĐƚ :ƵŶĐƚŝŽŶŝƚǇ^ĐŚŽŽůŝƐƚƌŝ ĐƚEŽ͘ϲϵ ^ƉĂƌƚĂŶďƵƌŐŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϳ DĂĞƐĞƌtĂƚĞƌĂ ŶĚ^ĞǁĞƌ/ŵƉƌŽǀĞŵĞŶƚŝƐƚƌŝĐƚ ĂƉŝƚĂůZĞŐŝŽŶ ĚƵĐĂƚŝŽŶĂů^ĞƌǀŝĐĞ ŝƐƚƌŝĐƚEŽ͘ϭϭϯ

ĂƐƚĞƌŶ/ĚĂŚŽZĞŐŝŽŶĂůtĂƐƚĞǁĂƚĞƌƵƚŚŽƌŝƚǇ <ůĂŵĂƚŚŽƵŶƚǇ^ĐŚŽŽ ůŝƐƚƌŝĐƚ ^ƵŵƚĞƌ^ĐŚŽŽůŝƐƚƌŝĐƚ DĂŐŶĂDŽƐƋƵŝƚŽďĂƚĞŵĞŶƚŝƐƚƌŝ Đƚ ĂƌďŽŶĂĚŽ,ŝƐƚŽƌŝĐĂů^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭϵ

ůŬZŝǀĞƌ&ƌĞĞ>ŝďƌĂƌǇŝƐƚƌŝĐƚ <ůĂŵĂƚŚ&ĂůůƐŝƚǇ^ĐŚŽŽůƐ ^ƵŵƚĞƌ^ ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭϳ DĂŐŶĂtĂƚĞƌŝƐƚƌŝĐƚ ĂƐĐĂĚĞŚƌŝƐƚŝĂŶ^ĐŚŽ ŽůƐ

ůŵŽƌĞ^ŽŝůĂŶĚtĂƚĞƌŽŶƐĞƌǀĂƚŝŽŶŝƐƚƌŝĐƚ <ŶĂƉƉĂ^ĐŚŽŽůŝƐƚƌŝ Đƚ ^ƵŵƚĞƌ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘Ϯ DĞƚƌŽƉŽůŝƚĂŶtĂƚĞƌŝƐƚƌŝĐƚŽĨ^Ă ůƚ>ĂŬĞĂŶĚ^ĂŶĚǇ ĂƐĐĂĚĞ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϮϮϴ &ĞŶŶ,ŝŐŚǁĂǇŝƐƚƌŝĐƚ >Ă'ƌĂŶĚĞ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭ hŶŝŽŶŽƵŶƚ Ǉ^ĐŚŽŽůŝƐƚƌŝĐƚ DŝĚǀĂůůĞǇ/ŵƉƌŽǀĞŵĞŶƚŝƐƚƌŝĐƚ ĂƐŚŵĞƌĞ^ĐŚŽŽů ŝƐƚƌŝĐƚEŽ͘ϮϮϮ &ĞƌĚŝŶĂŶĚ,ŝŐŚǁĂǇŝƐƚƌŝĐƚ >ĂŬĞŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϳ tĂƌĞ ^ŚŽĂůƐ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϱϭ DŝĚǁĂǇ^ĂŶŝƚĂƚŝŽŶŝƐƚƌŝĐƚ ĂƐƚůĞ ZŽĐŬ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰϬϭ &ŝƐŚ,ĂǀĞŶDŽƐƋƵŝƚŽďĂƚĞŵĞŶƚŝƐƚƌŝĐƚ >ĂŬĞ
Ě^ĞƌǀŝĐĞŝƐƚƌŝĐƚ t ŝůůŝĂŵƐďƵƌŐŽƵŶƚǇ^ĐŚŽŽůƐ DŝůĨŽƌĚƌĞĂ,ĞĂůƚŚĐĂƌĞ^ĞƌǀŝĐĞŝƐƚƌ ŝĐƚ ĞŶƚƌĂů<ŝƚƐĂƉ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰϬϭ &ƌĞŵŽŶƚŽƵŶƚǇŝƐƚƌŝĐƚ>ŝďƌĂƌǇ >ĂŬĞKƐǁĞŐŽ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ ϳ: tŝůůŝƐƚŽŶ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘Ϯϵ DŽĂďDŽƐƋƵŝƚŽďĂƚĞŵĞŶƚŝƐƚƌ ŝĐƚ ĞŶƚƌĂůsĂůůĞǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϯϱϲ &ƌŝĞĚŵĂŶDĞŵŽƌŝĂůŝƌƉŽƌƚƵƚŚŽƌŝƚǇ >ĂŬĞǀŝĞǁ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ ϳ zŽƌŬ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭ DŽĂďsĂůůĞǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐ ƚ ĞŶƚƌĂůŝĂ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰϬϭ 'ĂƌĚĞŶsĂůůĞǇŝƐƚƌŝĐƚ>ŝďƌĂƌǇ >ĂŶĞ
ĚƵĐĂƚŝŽŶ^ĞƌǀŝĐĞŝƐƚƌŝĐƚ ^ƉĞĐŝĂůŝƐƚƌŝĐƚ DŽƵŶƚĂŝŶ'ƌĞĞŶ^ĞǁĞƌ/ŵƉƌŽǀĞŵĞŶƚŝƐƚƌŝĐƚ ŚĞŚĂůŝƐ^ĐŚŽŽůŝƐƚƌŝ ĐƚEŽ͘ϯϬϮ 'ĂƌĚĞŶsĂůůĞǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚ >ĞďĂŶŽŶŽŵŵƵŶŝƚǇ^ĐŚŽŽů ŝƐƚƌŝĐƚEŽ͘ϵ ďďĞǀŝůůĞ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ DŽƵŶƚĂŝŶZĞŐŝŽŶĂůtĂƚĞ ƌ^ƉĞĐŝĂů^ĞƌǀŝĐĞŝƐƚƌŝĐƚ ŚĞŶĞǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϯϲϬ 'ĂƌĚĞŶsĂůůĞǇZĞĐƌĞĂƚŝŽŶŝƐƚƌŝĐƚ >ŝŶĐŽůŶŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚ ŝŬĞŶ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ DŽƵŶƚĂŝŶsŝĞǁ^ƉĞĐŝĂů^ĞƌǀŝĐĞŝƐƚƌŝĐƚ Ś ĞǁĞůĂŚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϯϲ 'ĂƚĞǁĂǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚ >ŝŶŶͲĞŶƚŽŶͲ>ŝŶĐŽůŶ
ĚƵĐĂƚŝŽŶ^ ĞƌǀŝĐĞŝƐƚƌŝĐƚ ŶĚĞƌƐŽŶ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ Dƚ͘KůǇŵƉƵƐ/ŵƉƌŽǀĞŵĞŶ ƚŝƐƚƌŝĐƚ ŚŝĞĨ>ĞƐĐŚŝ^ĐŚŽŽů^ǇƐƚĞŵ 'ĞŵŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚ >ŽŶŐƌĞĞŬ^ĐŚŽŽůŝƐƚƌŝĐƚE Ž͘ϭϳ ƚůĂŶƚŝĐĞĂĐŚ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ EŽƌƚŚĂǀŝƐŽƵŶƚǇ^ĞǁĞƌ ŝƐƚƌŝĐƚ ŚŝŵĂĐƵŵ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰϵ 'ĞŵŽƵŶƚǇDŽƐƋƵŝƚŽďĂƚĞŵĞŶƚŝƐƚƌŝĐƚ >ŽǁĞůů^ĐŚŽŽůŝƐƚƌŝĐƚEŽ ͘ϳϭ ĞĂƵĨŽƌƚ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ EŽƌƚŚĂǀŝƐ&ŝƌĞŝƐƚƌŝĐƚ ůĂƌŬƐƚŽ Ŷ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘:ϮϱϬͲϭϴϱ 'ůĞŶŶƐ&ĞƌƌǇ,ŝŐŚǁĂǇŝƐƚƌŝĐƚ DĂƉůĞƚŽŶ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϯϮ ĞĂ ƵĨŽƌƚͲ:ĂƐƉĞƌtĂƚĞƌĂŶĚ^ĞǁĞƌƵƚŚŽƌŝƚǇ EŽƌƚŚ ŵĞƌǇtĂƚĞƌhƐĞƌƐ^ ƉĞĐŝĂů^ĞƌǀŝĐĞŝƐƚƌŝĐƚ ůĞ
ůƵŵͲZŽƐůǇŶ^ĐŚŽŽůŝƐƚƌŝĐƚ
'ŽůĚĞŶ'ĂƚĞ,ŝŐŚǁĂǇŝƐƚƌŝĐƚEŽ͘ϯ DĂƌĐŽůĂ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϳ ϵ: ĞĞĐŚ/ƐůĂŶĚZƵƌĂůŽŵŵƵŶŝƚǇtĂƚĞƌŝƐƚƌŝĐƚ EŽƌƚŚ&ŽƌŬ^ƉĞĐŝĂů ^ĞƌǀŝĐĞƐŝƐƚƌŝĐƚ ůŽǀĞƌWĂƌŬ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰϬϬ 'ŽŽĚŝŶŐŽƵŶƚǇDĞŵŽƌŝĂů,ŽƐƉŝƚĂůŝƐƚƌŝĐƚ DĐ<ĞŶǌŝĞ^ĐŚŽŽůŝƐƚƌŝ Đƚ ĞůƚŽŶͲ,ŽŶĞĂWĂƚŚtĂƚĞƌƵƚŚŽƌŝƚǇ EŽƌƚŚWŽŝŶƚĞ^ŽůŝĚtĂƐƚĞ^ƉĞ ĐŝĂů^ĞƌǀŝĐĞŝƐƚƌŝĐƚ ŽůĨĂǆ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϯϬϬ 'ƌĂĐĞŝƐƚƌŝĐƚ>ŝďƌĂƌǇ DĐDŝŶŶǀŝůůĞ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰϬ ĞŶŶĞƚƚ ƐǀŝůůĞ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ EŽƌƚŚ^Ƶŵŵŝƚ&ŝƌĞŝƐƚƌŝĐƚ ŽůůĞŐĞWůĂĐĞ ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϮϱϬ 'ƌĂŶŐĞǀŝůůĞ,ŝŐŚǁĂǇŝƐƚƌŝĐƚ DĞĚĨŽƌĚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϱϰϵ Ğƌ ĞĂWƵďůŝĐ^ĞƌǀŝĐĞŝƐƚƌŝĐƚ EŽƌƚŚdŽŽĞůĞŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶ ŝƐƚƌŝĐƚ ŽůƚŽŶ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϯϬϲ 'ƌĂŶŝƚĞZĞĞĚĞƌtĂƚĞƌĂŶĚ^ĞǁĞƌŝƐƚƌŝĐƚ DŝůƚŽŶͲ&ƌĞĞǁĂƚĞƌ^ĐŚŽŽů ŝƐƚƌŝĐƚEŽ͘ϳ ĞƌŬĞůĞǇŽƵŶƚǇtĂƚĞƌĂŶĚ^ĂŶŝƚĂƚŝŽŶƵƚŚŽƌŝƚǇ EŽƌ ƚŚhƚĂŚtĂƚĞƌŽŶƐĞƌǀĂŶĐǇŝƐƚƌŝĐƚ ŽůƵŵďŝĂ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ ϮϬϲ 'ƌĞĂƚĞƌŽŝƐĞƵĚŝƚŽƌŝƵŵŝƐƚƌŝĐƚ DŝƚĐŚĞůů^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϱ ϱ ŝŐƌĞĞŬtĂƚĞƌĂŶĚ^ĞǁĞƌĂŐĞŝƐƚƌŝĐƚ EŽƌƚŚsŝĞǁ&ŝƌĞŝƐƚƌŝĐƚ ŽůƵŵďŝĂ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϮϬϲ͕^ƚĞǀĞŶƐŽƵŶƚǇ 'ƌĞĂƚĞƌDŝĚĚůĞƚŽŶWĂƌŬƐĂŶĚZĞĐƌĞĂƚŝŽŶŝƐƚƌŝĐƚ DŽůĂůůĂZŝǀĞƌ^Đ ŚŽŽůŝƐƚƌŝĐƚ ůƵĨĨƚŽŶdŽǁŶƐŚŝƉ&ŝƌĞŝƐƚƌŝĐƚ KŐĚĞŶ,ŽƵƐŝŶŐƵƚŚŽ ƌŝƚǇ ŽůƵŵďŝĂ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰϬϬ 'ƌĞĂƚĞƌ^ǁĂŶsĂůůĞǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘Ϯ DŽŶƵŵĞŶƚ^ĐŚŽ ŽůŝƐƚƌŝĐƚ ŽŝůŝŶŐ^ƉƌŝŶŐƐ&ŝƌĞŝƐƚƌŝĐƚ͕'ƌĞĞŶǀŝůůĞŽƵŶƚǇ KƵƌĂ ǇWĂƌŬtĂƚĞƌ/ŵƉƌŽǀĞŵĞŶƚŝƐƚƌŝĐƚ ŽůǀŝůůĞ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭ ϭϱ 'ƌŽǀĞůĂŶĚtĂƚĞƌĂŶĚ^ĞǁĞƌŝƐƚƌŝĐƚ DŽƌƌŽǁŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚ ƌŽĂĚƌĞĞŬWƵďůŝĐ^ĞƌǀŝĐĞŝƐƚƌŝĐƚ WĂƌŬŝƚǇ&ŝƌĞ^ĞƌǀŝĐĞŝƐƚƌ ŝĐƚ ŽŶĐƌĞƚĞ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭϭ ,ĂƌďŽƌsŝĞǁ
ƐƚĂƚĞƐtĂƚĞƌĂŶĚ^ĞǁĞƌŝƐƚƌŝĐƚ Dƚ͘ŶŐĞů^ĐŚŽŽůŝ ƐƚƌŝĐƚ ƵĨĨĂůŽͲDƚ͘WŝƐŐĂŚ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚ WƌŝĐĞZŝǀĞƌtĂ ƚĞƌ/ŵƉƌŽǀĞŵĞŶƚŝƐƚƌŝĐƚ ŽŶǁĂǇŽŶƐŽůŝĚĂƚĞĚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ ϯϭϳ ,ĂǇĚĞŶ>ĂŬĞ/ƌƌŝŐĂƚŝŽŶŝƐƚƌŝĐƚ DƵůƚŶŽŵĂŚ
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<ŽŽƚĞŶĂŝŽƵŶƚǇtĂƚĞƌŝƐƚƌŝĐƚEŽ͘ϭ KŶƚĂƌŝŽ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ ϴ ĂƌůŝŶŐƚŽŶ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ ^ŽƵƚŚhƚĂŚsĂůůĞǇ^ŽůŝĚtĂƐƚĞŝ ƐƚƌŝĐƚ ĚŵŽŶĚƐ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭϱ
<ŽŽƚĞŶĂŝWŽŶĚĞƌĂǇ^ĞǁĞƌŝƐƚƌŝĐƚ KƌĞŐŽŶŝƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ ϲϮ ŽŶĂůĚƐͲƵĞtĞƐƚtĂƚĞƌĂŶĚ^ĞǁĞƌƵƚŚŽƌŝƚǇ ^ŽƵƚŚsĂůůĞǇ^ĞǁĞƌ ŝƐƚƌŝĐƚ ĚƵĐĂƚŝŽŶĂů^ĞƌǀŝĐĞŝƐƚƌŝĐƚEŽ͘ϭϭϮ
<ŽŽƚĞŶĂŝͲ^ŚŽƐŚŽŶĞ^ŽŝůĂŶĚtĂƚĞƌŽŶƐĞƌǀĂƚŝŽŶŝƐƚƌŝĐƚ KƌĞŐŽŶdƌ Ăŝů^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰϲ ŽƌĐŚĞƐƚĞƌŽƵŶƚǇ^ĂůĞƐdĂǆdƌĂŶƐƉŽƌƚ ĂƚŝŽŶƵƚŚŽƌŝƚǇ ^ŽƵƚŚĞĂƐƚĞƌŶhƚĂŚ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ ůůĞŶƐďƵƌŐ^Đ ŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰϬϭ
<ƵŶĂ>ŝďƌĂƌǇŝƐƚƌŝĐƚ WĂŝƐůĞǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭϭ ŽƌĐŚĞƐƚĞƌ ŽƵŶƚǇtĂƚĞƌƵƚŚŽƌŝƚǇ ^ƉĂŶŝƐŚsĂůůĞǇtĂƚĞƌĂŶĚ^ĞǁĞƌ/ŵƉƌŽǀĞŵĞŶƚ ŝƐƚƌŝĐƚ ůŵĂ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϲϴ
>ĂĐůĞĚĞtĂƚĞƌŝƐƚƌŝĐƚ WĂƌŬƌŽƐĞ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϯ ƵŶĐĂŶŚĂƉ Ğů&ŝƌĞŝƐƚƌŝĐƚ ^ƚ͘'ĞŽƌŐĞ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ ŶĚŝĐŽƚƚ^ĐŚŽŽůŝƐ ƚƌŝĐƚEŽ͘ϯϬϴ
>ĂŬĞƐ,ŝŐŚǁĂǇŝƐƚƌŝĐƚ WĞŶĚůĞƚŽŶ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭϲ ĂƐůĞǇ,Ž ƵƐŝŶŐƵƚŚŽƌŝƚǇ ^ƚĂŶƐďƵƌǇWĂƌŬ/ŵƉƌŽǀĞŵĞŶƚŝƐƚƌŝĐƚ ŶƚŝĂƚ^ĐŚŽŽů ŝƐƚƌŝĐƚEŽ͘ϭϮϳ
>ĂƚĂŚŽƵŶƚǇ>ŝďƌĂƌǇŝƐƚƌŝĐƚ WĞƌƌǇĚĂůĞ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘Ϯϭ:

ĂƐůĞǇͲĞŶƚƌĂůtĂƚĞƌŝƐƚƌŝĐƚ ^ƚƌĂǁďĞƌƌǇ
ůĞĐƚƌŝĐ^ĞƌǀŝĐĞŝƐƚƌŝĐ ƚ
ŶƵŵĐůĂǁ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘Ϯϭϲ
>ĂƚĂŚ^ŽŝůĂŶĚtĂƚĞƌŽŶƐĞƌǀĂƚŝŽŶŝƐƚƌŝĐƚ WŚŝůŽŵĂƚŚ^ĐŚŽŽůŝƐƚ ƌŝĐƚEŽ͘ϭϳ:

ĂƐƚZŝĐŚůĂŶĚŽƵŶƚǇWƵďůŝĐ^ĞƌǀŝĐĞŝƐƚƌŝĐƚ ^ƵŐĂƌ, ŽƵƐĞWĂƌŬƵƚŚŽƌŝƚǇ ƉŚƌĂƚĂ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭϲϱ
>ĞŵŚŝ^ŽŝůĂŶĚtĂƚĞƌŽŶƐĞƌǀĂƚŝŽŶŝƐƚƌŝĐƚ WŚŽĞŶŝǆͲdĂůĞŶƚ^ĐŚŽŽů ŝƐƚƌŝĐƚ ĚŐĞĨŝĞůĚŽƵŶƚǇtĂƚĞƌĂŶĚ^ĞǁĞƌƵƚŚŽƌŝƚǇ dĂďďǇsĂůůĞǇ WĂƌŬ^ƉĞĐŝĂů^ĞƌǀŝĐĞŝƐƚƌŝĐƚ ǀĂůŝŶĞ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϯϲ
>ĞǁŝƐƚŽŶKƌĐŚĂƌĚƐ/ƌƌŝŐĂƚŝŽŶŝƐƚƌŝĐƚ WŝůŽƚZŽĐŬ^ĐŚŽŽůŝƐƚƌŝĐƚ EŽ͘Ϯ &ůŽƌĞŶĐĞ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ dĂǇůŽƌƐǀŝůůĞͲĞŶŶŝŽŶ/ŵƉƌŽǀĞŵĞŶ ƚŝƐƚƌŝĐƚ ǀĞƌĞƚƚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘Ϯ
>ĞǁŝƐƚŽŶͲEĞǌWĞƌĐĞŽƵŶƚǇZĞŐŝŽŶĂůŝƌƉŽƌƚƵƚŚŽƌŝƚǇ WŝŶĞ ĂŐůĞ ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϲϭ &ŽƌƚDŝůů,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ dŚŽŵƉƐŽŶ^ƉĞĐŝ Ăů^ĞƌǀŝĐĞŝƐƚƌŝĐƚ ǀĞƌŐƌĞĞŶ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭϭϰ͕ůĂƌŬŽƵ ŶƚǇ
>ŝŶĐŽůŶŽƵŶƚǇZĞĐƌĞĂƚŝŽŶŝƐƚƌŝĐƚ WŝŶĞŚƵƌƐƚ^ĐŚŽŽůŝƐƚƌŝĐƚ &ƌŝƉ Ɖ/ƐůĂŶĚWƵďůŝĐ^ĞƌǀŝĐĞŝƐƚƌŝĐƚ dŝŵƉĂŶŽŐŽƐ^ƉĞĐŝĂů^ĞƌǀŝĐĞŝƐƚ ƌŝĐƚ ǀĞƌŐƌĞĞŶ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϮϬϱ
>ŝƚƚůĞůĂĐŬƚĂŝůZĂŶĐŚtĂƚĞƌŝƐƚƌŝĐƚ WůĞĂƐĂŶƚ,ŝůů^ĐŚŽŽůŝƐƚƌ ŝĐƚ 'ĂĨĨŶĞǇ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ dŽŽĞůĞŽƵŶƚǇ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ &ĞĚĞ ƌĂůtĂǇWƵďůŝĐ^ĐŚŽŽůƐ >ŝƚƚůĞtŽŽĚZŝǀĞƌ>ŝďƌĂƌǇŝƐƚƌŝĐƚ WůƵƐŚ^ĐŚŽŽůŝƐƚƌŝĐƚϭϴ 'ĂƐƚŽ ŶZƵƌĂůŽŵŵƵŶŝƚǇtĂƚĞƌŝƐƚƌŝĐƚ dŽŽĞůĞŽƵŶƚǇZĞĐƌĞĂƚŝŽŶ^ƉĞĐŝĂ ů^ĞƌǀŝĐĞŝƐƚƌŝĐƚ &ĞƌŶĚĂůĞ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϱϬϮ >ŝǌĂƌĚƵƚƚĞ>ŝďƌĂƌǇŝƐƚƌŝĐƚ WŽƌƚKƌĨŽƌĚͲ>ĂŶŐůŽŝƐ^ĐŚŽŽůŝƐƚƌŝ ĐƚEŽ͘Ϯ: 'ĞŽƌŐĞƚŽǁŶŽƵŶƚǇtĂƚĞƌĂŶĚ^ĞǁĞƌŝƐƚƌŝĐƚ dƌŝĚĞůůͲ>ĂƉ ŽŝŶƚtĂƚĞƌ/ŵƉƌŽǀĞŵĞŶƚŝƐƚƌŝĐƚ &ŝĨĞ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰϭϳ >ŽƐƚZŝǀĞƌ,ŝŐŚǁĂǇŝƐƚƌŝĐƚ WŽƌƚůĂŶĚWƵďůŝĐ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ ϭ 'ĞŽƌŐĞƚŽǁŶ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ hŝŶƚĂŚŶŝŵĂůŽŶƚƌŽůĂŶĚ^ŚĞůƚĞƌ ^ƉĞĐŝĂů^ĞƌǀŝĐĞŝƐƚƌŝĐƚ &ŝŶůĞǇ^ĐŚŽŽůŝƐƚƌŝĐƚ DΘdtĂƚĞƌĂŶĚ^ĞǁĞƌŝƐƚƌŝĐƚ WŽǁĞƌƐ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϯϭ 'ŝůďĞƌ ƚͲ^ƵŵŵŝƚZƵƌĂůtĂƚĞƌŝƐƚƌŝĐƚ hŝŶƚĂŚŽƵŶƚǇDƵŶŝĐŝƉĂůƵŝůĚŝŶŐ ƵƚŚŽƌŝƚǇ &ƌĂŶŬůŝŶWŝĞƌĐĞ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰϬϮ DĂĐŬĂǇ&ƌĞĞ>ŝďƌĂƌǇŝƐƚƌŝĐƚ WƌĂŝƌŝĞŝƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰ ' ƌĂŶĚ^ƚƌĂŶĚtĂƚĞƌĂŶĚ^ĞǁĞƌƵƚŚŽƌŝƚǇ hŝŶƚĂŚ&ŝƌĞ^ƵƉƉƌĞƐƐŝŽŶ^Ɖ ĞĐŝĂů^ĞƌǀŝĐĞŝƐƚƌŝĐƚ &ƌĞĞŵĂŶ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϯϱϴ DĂĚŝƐŽŶ>ŝďƌĂƌǇŝƐƚƌŝĐƚ WƌŽƐƉĞĐƚ^ĐŚŽŽůŝƐƚƌŝĐƚ 'ƌĞĞŶǀŝůůĞƌĞŶ ĂŝƐƚƌŝĐƚ hŝŶƚĂŚ,ĞĂůƚŚĂƌĞ^ƉĞĐŝĂů^ĞƌǀŝĐĞŝƐƚƌŝĐƚ 'ĂƌĨŝĞůĚ^ ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϯϬϮ ƉƉĞŶĚŝǆ WĂŐĞϱŽĨϭϰ

,ĂǁĂŝŝ /ĚĂŚŽ KƌĞŐŽŶ ^ŽƵƚŚĂƌŽůŝŶĂ hƚĂŚ tĂƐŚŝŶŐƚŽŶ
DĂƌƐŝŶŐZƵƌĂů&ŝƌĞŝƐƚƌŝĐƚ ZĂŝŶŝĞƌ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭϯ 'ƌĞĞŶǀ ŝůůĞŽƵŶƚǇZĞĐƌĞĂƚŝŽŶŝƐƚƌŝĐƚ hŝŶƚĂŚ,ŝŐŚůĂŶĚƐtĂƚĞƌĂŶĚ^ĞǁĞƌ /ŵƉƌŽǀĞŵĞŶƚŝƐƚƌŝĐƚ 'ůĞŶǁŽŽĚ^ĐŚŽŽůŝƐƚƌŝĐƚ DĐĂůů&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚ ZĞĚŵŽŶĚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘Ϯ: 'ƌ ĞĞŶǀŝůůĞŽƵŶƚǇZĞĚĞǀĞůŽƉŵĞŶƚƵƚŚŽƌŝƚǇ hŝŶƚĂŚDŽƐƋƵŝƚŽďĂƚĞŵĞŶ ƚŝƐƚƌŝĐƚ 'ŽůĚĞŶĚĂůĞ^ĐŚŽŽůŝƐƚƌŝĐƚ DĐĂůůDĞŵŽƌŝĂů,ŽƐƉŝƚĂůŝƐƚƌŝĐƚ ZĞĞĚƐƉŽƌƚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ ϭϬϱ 'ƌĞĞŶǀŝůůĞ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ hŝŶƚĂŚZĞĐƌĞĂƚŝŽŶŝƐƚƌŝĐƚ 'ƌĂŶ ĚŽƵůĞĞĂŵ^ĐŚŽŽůŝƐƚƌŝĐƚ DĞƌŝĚŝĂŶĞŵĞƚĞƌǇDĂŝŶƚĞŶĂŶĐĞŝƐƚƌŝĐƚ ZĞŐŝŽŶϵ
ĚƵĐĂƚŝŽŶ^ĞƌǀŝĐ ĞŝƐƚƌŝĐƚ 'ƌĞĞŶǀŝůůĞdƌĂŶƐŝƚƵƚŚŽƌŝƚǇ hŝŶƚĂŚdƌĂŶƐƉŽƌƚĂƚŝŽŶ^ƉĞ ĐŝĂů^ĞƌǀŝĐĞŝƐƚƌŝĐƚ 'ƌĂŶĚǀŝĞǁ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϮϬϬ DĞƌŝĚŝĂŶ>ŝďƌĂƌǇŝƐƚƌŝĐƚ ZĞǇŶŽůĚƐ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϳ 'ƌĞĞŶǁŽŽ ĚDĞƚƌŽƉŽůŝƚĂŶŝƐƚƌŝĐƚ hŝŶƚĂŚtĂƚĞƌŽŶƐĞƌǀĂŶĐǇŝƐƚƌŝĐƚ 'ƌĂŶŐĞƌ ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϮϬϰ DĞƌŝĚŝĂŶZƵƌĂů&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚ ZŝĚĚůĞ^ĐŚŽŽůŝƐƚƌŝĐƚE Ž͘ϳϬ 'ƌĞĞƌ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ hŶŝĨŝĞĚ&ŝƌĞƵƚŚŽƌŝƚǇ 'ƌĂŶŝƚĞ&ĂůůƐ ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϯϯϮ DŝĐĂ<ŝĚĚ/ƐůĂŶĚ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚ ZŝǀĞƌĚĂůĞ^ĐŚŽŽůŝƐƚƌ ŝĐƚEŽ͘ϱϭ: ,ĂƌƚƐǀŝůůĞ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ hƚĂŚŽƵŶƚǇ,ŽƵƐŝŶŐƵƚŚ ŽƌŝƚǇ 'ƌĂƉĞǀŝĞǁ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϱϰ DŝĚĚůĞƚŽŶZƵƌĂů&ŝƌĞŝƐƚƌŝĐƚ ZŽŐƵĞZŝǀĞƌ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϯϱ ,ŝůƚŽŶ,ĞĂĚEŽ͘ϭWƵďůŝĐ^ĞƌǀŝĐĞŝƐƚƌŝĐƚ hƚĂŚWĂŝƵƚĞ,ŽƵƐŝŶŐƵ ƚŚŽƌŝƚǇ 'ƌĞĂƚEŽƌƚŚĞƌŶ^ĐŚŽŽůŝƐƚƌŝĐƚ DŝĚǀĂůĞ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚ ZŽƐĞďƵƌŐWƵďůŝĐ^ĐŚŽŽůƐ ,ŽůůǇ^Ɖ ƌŝŶŐƐ&ŝƌĞͲZĞƐĐƵĞŝƐƚƌŝĐƚ hƚĂŚdƌĂŶƐŝƚƵƚŚŽƌŝƚǇ 'ƌĞĞŶDŽƵŶƚĂŝŶ ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭϬϯ DŝŶŝĚŽŬĂŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚ ^ĂůĞŵͲ<ĞŝǌĞƌWƵďůŝĐ^ĐŚ ŽŽůŝƐƚƌŝĐƚEŽ͘Ϯϰ: ,ŽŵĞůĂŶĚWĂƌŬtĂƚĞƌĂŶĚ^ĞǁĞƌŝƐƚƌŝĐƚ hƚĂŚ sĂůůĞǇŝƐƉĂƚĐŚ^ƉĞĐŝĂů^ĞƌǀŝĐĞŝƐƚƌŝĐƚ 'ƌŝĨĨŝŶ^ĐŚŽŽůŝƐƚƌŝĐƚ EŽ͘ϯϮϰ DŝŶŝĚŽŬĂŽƵŶƚǇ,ŝŐŚǁĂǇŝƐƚƌŝĐƚ ^ĂŶƚŝĂŵĂŶǇŽŶ^ĐŚŽŽůŝƐƚƌŝĐƚ EŽ͘ϭϮϵ: :ĂŵĞƐ/ƐůĂŶĚWƵďůŝĐ^ĞƌǀŝĐĞŝƐƚƌŝĐƚ tĂƐĂƚĐŚŽƵŶƚǇ&ŝƌĞ ŝƐƚƌŝĐƚ ,ĂƌƌŝŶŐƚŽŶWƵďůŝĐ^ĐŚŽŽůƐ DŽƌĞůĂŶĚtĂƚĞƌĂŶĚ^ĞǁĞƌŝƐƚƌŝĐƚ ^ĂŶƚŝĂŵŚƌŝƐƚŝĂŶ^ĐŚŽŽůƐ <ŝŶŐƐ ƚƌĞĞ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ tĂƐĂƚĐŚ&ƌŽŶƚtĂƐƚĞĂŶĚZĞĐǇĐůŝŶŐŝƐƚƌŝĐ ƚ ,ŝŐŚůĂŶĚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϮϬϯ DŽƵŶƚĂŝŶ,ŽŵĞ,ŝŐŚǁĂǇŝƐƚƌŝĐƚ ^ĐĂƉƉŽŽƐĞ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭ: > ĂĚǇΖƐ/ƐůĂŶĚͲ^ƚ͘,ĞůĞŶĂ&ŝƌĞŝƐƚƌŝĐƚ tĂƐĂƚĐŚ/ŶƚĞŐƌĂƚĞĚtĂƐƚĞD ĂŶĂŐĞŵĞŶƚŝƐƚƌŝĐƚ ,ŝŐŚůŝŶĞ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰϬϭ DŽƵŶƚĂŝŶZŝĚĞƐdƌĂŶƐƉŽƌƚĂƚŝŽŶƵƚŚŽƌŝƚǇ ^ĐŝŽ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ ϵϱ >ĂŬĞŝƚǇ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ tĂƐŚŝŶŐƚŽŶŽƵŶƚǇtĂƚĞƌŽŶƐĞƌǀĂ ŶĐǇŝƐƚƌŝĐƚ ,ŽĐŬŝŶƐŽŶ^ĐŚŽŽůŝƐƚƌŝĐƚ EĂŵƉĂĂŶĚDĞƌŝĚŝĂŶ/ƌƌŝŐĂƚŝŽŶŝƐƚƌŝĐƚ ^ĞĂƐŝĚĞ^ĐŚŽŽůŝƐƚƌŝĐƚ >Ă ŶĐĂƐƚĞƌŽƵŶƚǇtĂƚĞƌĂŶĚ^ĞǁĞƌŝƐƚƌŝĐƚ tĂƐƚĞDĂŶĂŐĞŵĞŶƚ^ĞƌǀŝĐĞ ŝƐƚƌŝĐƚEŽ͘ϱ ,ŽŽĚĂŶĂů^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰϬϰ EĂŵƉĂ,ŝŐŚǁĂǇŝƐƚƌŝĐƚEŽ͘ϭ ^ŚĞƌŝĚĂŶ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰϴ: >ĂŶ ĐĂƐƚĞƌ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ tĞďĞƌĂƐŝŶtĂƚĞƌŽŶƐĞƌǀĂŶĐǇŝƐƚƌŝĐƚ , ŽƋƵŝĂŵ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘Ϯϴ EĂŵƉĂ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ ^ŚĞƌŵĂŶŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚ >ĂŶĐĂƐƚĞƌ ^ŽŝůĂŶĚtĂƚĞƌŽŶƐĞƌǀĂƚŝŽŶŝƐƚƌŝĐƚ tĞďĞƌ&ŝƌĞŝƐƚƌŝĐƚ /ŶĐŚĞůŝƵ ŵ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϳϬ EĞǁWůǇŵŽƵƚŚ&ŝƌĞŝƐƚƌŝĐƚ ^ŚĞƌǁŽŽĚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϴϴ: >ĂƵƌĞ ŶƐ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ tĞďĞƌDŽƐƋƵŝƚŽďĂƚĞŵĞŶƚŝƐƚƌŝĐƚ /ƐƐĂƋƵĂŚ^ ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰϭϭ EŽƌƚŚŝŶŐŚĂŵŽƵŶƚǇŝƐƚƌŝĐƚ>ŝďƌĂƌǇ ^ŝůǀĞƌ&ĂůůƐ^ĐŚŽŽůŝƐƚƌŝ ĐƚEŽ͘ϰ: >ĞǆŝŶŐƚŽŶŽƵŶƚǇ,ĞĂůƚŚ^ĞƌǀŝĐĞƐŝƐƚƌŝĐƚ͕/ŶĐ͘ tĞďĞƌͲ Žǆ ůĚĞƌŽŶƐĞƌǀĂƚŝŽŶŝƐƚƌŝĐƚ <ĂŚůŽƚƵƐ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϱϲ EŽƌƚŚƵƐƚĞƌ,ŽƐƉŝƚĂůŝƐƚƌŝĐƚ ^ŝƐƚĞƌƐ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϲ >ŝďĞ ƌƚǇͲŚĞƐŶĞĞͲ&ŝŶŐĞƌǀŝůůĞtĂƚĞƌŝƐƚƌŝĐƚ tĞůůƐǀŝůůĞͲDĞŶĚŽŶŽŶƐĞƌǀ ĂŶĐǇŝƐƚƌŝĐƚ <ĂůĂŵĂ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰϬϮ EŽƌƚŚ<ŽŽƚĞŶĂŝtĂƚĞƌĂŶĚ^ĞǁĞƌŝƐƚƌŝĐƚ ^ŝƵƐůĂǁ^ĐŚŽŽůŝƐƚƌŝĐƚ EŽ͘ϵϳ: >ŽĐĂů,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ tŚŝƚĞŝƚǇtĂƚĞƌ/ŵƉƌŽǀĞŵĞŶƚŝƐƚ ƌŝĐƚ <ĞůůĞƌ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϯ EŽƌƚŚ>ĂŬĞZĞĐƌĞĂƚŝŽŶĂů^ĞǁĞƌĂŶĚtĂƚĞƌŝƐƚƌŝĐƚ ^ŽƵƚŚŽĂƐƚ ĚƵ ĐĂƚŝŽŶ^ĞƌǀŝĐĞŝƐƚƌŝĐƚ͕ZĞŐŝŽŶEŽ͘ϳ >ŽǁĐŽƵŶƚƌǇZĞŐŝŽŶĂůdƌĂŶƐƉ ŽƌƚĂƚŝŽŶƵƚŚŽƌŝƚǇ tŽŽĚƌƵĨĨ&ŝƌĞŝƐƚƌŝĐƚ <ĞůƐŽ^ĐŚŽŽůŝƐƚƌŝĐƚE Ž͘ϰϱϴ EŽƌƚŚ>ĂƚĂŚŽƵŶƚǇ,ŝŐŚǁĂǇŝƐƚƌŝĐƚ ^ŽƵƚŚ>ĂŶĞ^ĐŚŽŽůŝƐƚƌŝĐƚE Ž͘ϰϱ:ϯ >ƵŐŽĨĨͲ ůŐŝŶtĂƚĞƌƵƚŚŽƌŝƚǇ ^ƚĂƚĞ <ĞŶŶĞǁŝĐŬ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭϳ EŽƌƚŚĞƌŶ>ĂŬĞƐ&ŝƌĞŝƐƚƌŝĐƚ ^ŽƵƚŚhŵƉƋƵĂ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭϵ DĂƌŝŽŶ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ ^ƚĂƚĞKĨhƚĂŚ <ĞŶƚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰ ϭϱ EŽƌƚŚƐŝĚĞ&ŝƌĞŝƐƚƌŝĐƚ ^ŽƵƚŚtĂƐĐŽŽƵŶƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭ DĂƌůďŽƌŽŽƵŶƚǇ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ hƚĂŚĞƉĂƌƚŵĞŶƚŽĨĚŵŝŶŝƐƚƌĂƚ ŝǀĞ^ĞƌǀŝĐĞƐ <ĞƚƚůĞ&ĂůůƐ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϮϭϮ EŽƚƵƐͲWĂƌŵĂ,ŝŐŚǁĂǇŝƐƚƌŝĐƚEŽ͘Ϯ ^ŽƵƚŚĞƌŶKƌĞŐŽŶ
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'ŽǀĞƌŶŵĞŶƚĂŵƉ^ĂŶŝƚĂƌǇŝƐƚƌŝĐƚ ^ƉƌĂŐƵĞ^ĐŚŽŽůŝƐƚƌŝĐƚ 'ƌĂŶĚZŽŶĚĞ^ĂŶŝƚĂƌǇŝƐƚƌŝĐƚ ^ƚ͘:ŽŚŶ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϯϮϮ 'ƌĂŶƚŽƵŶƚǇdƌĂŶƐƉŽƌƚĂƚŝŽŶŝƐƚƌŝĐƚ ^ƚĂŶǁŽŽĚͲĂŵĂŶŽ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰϬϭ 'ƌĂŶƚ^ŽŝůĂŶĚtĂƚĞƌŽŶƐĞƌǀĂƚŝŽŶŝƐƚƌŝĐƚ ^ƚĞŝůĂĐŽŽŵ,ŝƐƚŽƌŝĐĂů^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭ 'ƌĂŶƚƐWĂƐƐ/ƌƌŝŐĂƚŝŽŶŝƐƚƌŝĐƚ ^ƚĞƉƚŽĞ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϯϬϰ 'ƌĞĞŶ^ĂŶŝƚĂƌǇŝƐƚƌŝĐƚ ^ƚĞǀĞŶƐŽŶͲĂƌƐŽŶ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϯϬϯ ,ĂŚůĞŶZŽĂĚ^ƉĞĐŝĂůŝƐƚƌŝĐƚ ^ƵůƚĂŶ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϯϭϭ ,ĂůƐĞǇͲ^ŚĞĚĚZƵƌĂů&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚ ^ƵŵŵŝƚsĂůůĞǇ^ĐŚŽŽůŝƐƚƌŝĐƚϮϬϮ ,ĂŵůĞƚZƵƌĂů&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚ ^ƵŵŶĞƌ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϯϮϬ ,ĂƌďŽƌ^ĂŶŝƚĂƌǇŝƐƚƌŝĐƚ ^ƵŶŶǇƐŝĚĞ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϮϬϭ ,ĂƌďŽƌtĂƚĞƌWƵďůŝĐhƚŝůŝƚǇŝƐƚƌŝĐƚ dĂĐŽŵĂ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭϬ ,ĂƌŶĞǇŝƐƚƌŝĐƚ,ŽƐƉŝƚĂů dĂŚŽůĂŚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϳϳ ,ĂƌŶĞǇ^ŽŝůĂŶĚtĂƚĞƌŽŶƐĞƌǀĂƚŝŽŶŝƐƚƌŝĐƚ dĂŚŽŵĂ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰϬϵ ,ĂƌƌŝŵĂŶZƵƌĂů&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚ dĞŬŽĂ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘Ϯϲϱ ,ĂǌĞůĚĞůůZƵƌĂů&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚ dĞŶŝŶŽ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰϬϮ ,ĞďŽ:ŽŝŶƚtĂƚĞƌĂŶĚ^ĞǁĞƌƵƚŚŽƌŝƚǇ dŚŽƌƉ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰϬϬ ,ĞĐĞƚĂtĂƚĞƌŝƐƚƌŝĐƚ dŽůĞĚŽ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘Ϯϯϳ
,ĞƌŵŝƐƚŽŶĞŵĞƚĞƌǇŝƐƚƌŝĐƚ dŽŶĂƐŬĞƚ^ĐŚŽŽůŝƐƚƌŝĐƚ
,ĞƌŵŝƐƚŽŶ&ŝƌĞĂŶĚ
ŵĞƌŐĞŶĐǇ^ĞƌǀŝĐĞƐŝƐƚƌŝĐƚ dŽƉƉĞŶŝƐŚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϮϬϮ ,ĞƌŵŝƐƚŽŶ/ƌƌŝŐĂƚŝŽŶŝƐƚƌŝĐƚ dŽƵĐŚĞƚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϯϬϬ ,ŽŽĚZŝǀĞƌŽƵŶƚǇ>ŝďƌĂƌǇŝƐƚƌŝĐƚ dŽƵƚůĞ>ĂŬĞ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭϯϬ ,ŽŽĚZŝǀĞƌŽƵŶƚǇdƌĂŶƐƉŽƌƚĂƚŝŽŶŝƐƚƌŝĐƚ dƌŽƵƚ>ĂŬĞ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ZͲϰϬϬ ,ŽŽĚZŝǀĞƌsĂůůĞǇWĂƌŬƐĂŶĚZĞĐƌĞĂƚŝŽŶŝƐƚƌŝĐƚ dƵŬǁŝůĂ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰϬϲ ,ŽŽĚůĂŶĚ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϳϰ dƵŵǁĂƚĞƌ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϯϯ ,ƵďďĂƌĚZƵƌĂů&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚ hŶŝŽŶ'ĂƉ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘Ϯ /ĐĞ&ŽƵŶƚĂŝŶtĂƚĞƌŝƐƚƌŝĐƚ hŶŝǀĞƌƐŝƚǇWůĂĐĞ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϴϯ /ůůŝŶŽŝƐsĂůůĞǇZƵƌĂů&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚ sĂůůĞǇ^ĐŚŽŽůŝƐƚƌŝĐƚ /ŽŶĞZƵƌĂů&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚ sĂůůĞǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϳϬ /ƌƌŝŐŽŶŽŵŵƵŶŝƚǇWĂƌŬĂŶĚZĞĐƌĞĂƚŝŽŶDĂŝŶƚĞŶĂŶĐĞŝƐƚƌŝĐƚ sĂŶĐŽƵǀĞƌ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϯϳ :ĂĐŬƐŽŶŽƵŶƚǇŝƌƉŽƌƚƵƚŚŽƌŝƚǇ sĂƐŚŽŶ/ƐůĂŶĚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰϬϮ :ĂĐŬƐŽŶŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϯ tĂŚŬŝĂŬƵŵ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϮϬϬ :ĂĐŬƐŽŶŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϱ tĂŚůƵŬĞ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϳϯ :ĂĐŬƐŽŶŽƵŶƚǇ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ tĂŝƚƐďƵƌŐ^ĐŚŽŽůŝƐƚƌŝĐƚ :ĂĐŬƐŽŶŽƵŶƚǇ>ŝďƌĂƌǇŝƐƚƌŝĐƚ tĂůůĂtĂůůĂ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭϰϬ :ĂĐŬƐŽŶŽƵŶƚǇsĞĐƚŽƌŽŶƚƌŽůŝƐƚƌŝĐƚ tĂƉĂƚŽ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϮϬϳ :ĂĐŬƐŽŶ^ŽŝůĂŶĚtĂƚĞƌŽŶƐĞƌǀĂƚŝŽŶŝƐƚƌŝĐƚ tĂƌĚĞŶ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭϰϲͲϭϲϭ :ĞĨĨĞƌƐŽŶZƵƌĂů&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚ tĂƐŚŝŶŐƚŽŶ^ĐŚŽŽůƐZŝƐŬDĂŶĂŐĞŵĞŶƚWŽŽů :ŽŚŶĂǇͬĂŶǇŽŶŝƚǇWĂƌŬƐĂŶĚZĞĐƌĞĂƚŝŽŶŝƐƚƌŝĐƚ tĂƐŚŝŶŐƚŽŶ^ƚĂƚĞ ĚƵĐĂƚŝŽŶĂů^ĞƌǀŝĐĞŝƐƚƌŝĐƚ
ƉƉĞŶĚŝǆ WĂŐĞϳŽĨϭϰ

,ĂǁĂŝŝ /ĚĂŚŽ KƌĞŐŽŶ ^ŽƵƚŚĂƌŽůŝŶĂ hƚĂŚ tĂƐŚŝŶŐƚŽŶ
:ƵŶĐƚŝŽŶŝƚǇZƵƌĂů&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚ tĂƐŚŽƵŐĂů^ĐŚŽŽůŝƐƚƌŝĐƚ :ƵŶŝƉĞƌ&ůĂƚZƵƌĂů&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚ tĂƐŚƚƵĐŶĂ^ĐŚŽŽůŝƐƚƌŝĐƚ <ĞĂƚŝŶŐ^ŽŝůĂŶĚtĂƚĞƌŽŶƐĞƌǀĂƚŝŽŶŝƐƚƌŝĐƚ tĂƚĞƌǀŝůůĞ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϮϬϵ <ĞŝǌĞƌZƵƌĂů&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚ tĞůůƉŝŶŝƚ^ĐŚŽŽůŝƐƚƌŝĐƚ <ĞŶŽ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚ tĞŶĂƚĐŚĞĞ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘Ϯϰϲ <ĞƌŶǀŝůůĞͲ'ůĞŶĞĚĞŶĞĂĐŚͲ>ŝŶĐŽůŶĞĂĐŚtĂƚĞƌŝƐƚƌŝĐƚ tĞƐƚsĂůůĞǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϮϬϴ͕zĂŬŝŵĂŽƵŶƚǇ <ůĂŵĂƚŚŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϭ tĞƐƚsĂůůĞǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϯϲϯ͕^ƉŽŬĂŶĞŽƵŶƚǇ <ůĂŵĂƚŚŽƵŶƚǇ>ŝďƌĂƌǇ^ĞƌǀŝĐĞŝƐƚƌŝĐƚ tŚŝƚĞWĂƐƐ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϯϬϯ <ůĂŵĂƚŚ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ tŚŝƚĞZŝǀĞƌ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰϭϲ <ůĂŵĂƚŚ/ƌƌŝŐĂƚŝŽŶŝƐƚƌŝĐƚ tŚŝƚĞ^ĂůŵŽŶsĂůůĞǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰϬϱͲϭϳ <ůĂŵĂƚŚsĞĐƚŽƌŽŶƚƌŽůŝƐƚƌŝĐƚ tŝůďƵƌ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϮϬϬ >Ă'ƌĂŶĚĞZƵƌĂů&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚ tŝůůĂƉĂsĂůůĞǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭϲϬ >ĂWŝŶĞWĂƌŬĂŶĚZĞĐƌĞĂƚŝŽŶŝƐƚƌŝĐƚ tŝůƐŽŶƌĞĞŬ^ĐŚŽŽůŝƐƚƌŝĐƚ >ĂWŝŶĞZƵƌĂů&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚ tŝŶůŽĐŬ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϮϯϮ >ĂWŝŶĞtĂƚĞƌŝƐƚƌŝĐƚ tŝƐŚŬĂŚsĂůůĞǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϭϭϳ >ĂŬĞŝƐƚƌŝĐƚ,ŽƐƉŝƚĂů tŽŽĚůĂŶĚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϰϬϰ >ĂŬĞ'ƌŽǀĞtĂƚĞƌŝƐƚƌŝĐƚ zĂŬŝŵĂ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϳ
>ĂŬĞƐŝĚĞ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϰ zĞůŵŽŵŵƵŶŝƚǇ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘Ϯ >ĂŶĞŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϭ ŝůůĂŚ^ĐŚŽŽůŝƐƚƌŝĐƚEŽ͘ϮϬϱ >ĂŶĞ>ŝďƌĂƌǇŝƐƚƌŝĐƚ ^ƉĞĐŝĂůŝƐƚƌŝĐƚ
>ĂŶĞdƌĂŶƐŝƚŝƐƚƌŝĐƚ ĐŵĞtĂƚĞƌŝƐƚƌŝĐƚEŽ͘ϭϴ
>ĂŶŐůŽŝƐtĂƚĞƌŝƐƚƌŝĐƚ ĚĂŵƐŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϭ >ĂWŝŶĞ^ƉĞĐŝĂů^ĞǁĞƌŝƐƚƌŝĐƚ ĚĂŵƐŽƵŶƚǇDŽƐƋƵŝƚŽŽŶƚƌŽůŝƐƚƌŝĐƚ >ĞďĂŶŽŶƋƵĂƚŝĐŝƐƚƌŝĐƚ ĞŶĞĂƐ>ĂŬĞ/ƌƌŝŐĂƚŝŽŶŝƐƚƌŝĐƚ >ĞďĂŶŽŶ&ŝƌĞŝƐƚƌŝĐƚ ůĚĞƌǁŽŽĚtĂƚĞƌĂŶĚtĂƐƚĞǁĂƚĞƌŝƐƚƌŝĐƚ >ĞǁŝƐĂŶĚůĂƌŬZƵƌĂů&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚ ůƉŝŶĞtĂƚĞƌŝƐƚƌŝĐƚ >ŝďďǇƌĂŝŶĂŐĞŝƐƚƌŝĐƚ ŶĂĐŽƌƚĞƐ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ
>ŝŶŶĞŶƚŽŶ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ ŶŶĂƉŽůŝƐtĂƚĞƌŝƐƚƌŝĐƚ
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,ĂǁĂŝŝ /ĚĂŚŽ KƌĞŐŽŶ ^ŽƵƚŚĂƌŽůŝŶĂ hƚĂŚ tĂƐŚŝŶŐƚŽŶ
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^ĞĂůZŽĐŬtĂƚĞƌŝƐƚƌŝĐƚ
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,ĂǁĂŝŝ /ĚĂŚŽ KƌĞŐŽŶ ^ŽƵƚŚĂƌŽůŝŶĂ hƚĂŚ tĂƐŚŝŶŐƚŽŶ
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tĞƐƚƉŽƌƚtĂƵŶĂZƵƌĂů&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚ 'ƌĞĞŶdĂŶŬ/ƌƌŝŐĂƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϭϭ tĞƐƚǁŽŽĚ,ŝůůƐZŽĂĚŝƐƚƌŝĐƚ ,ĂƌƚƐƚĞŶĞWŽŝŶƚĞtĂƚĞƌͲ^ĞǁĞƌŝƐƚƌŝĐƚ tŝĂƌĚDĞŵŽƌŝĂůWĂƌŬŝƐƚƌŝĐƚ ,ŝŐŚůĂŶĚtĂƚĞƌŝƐƚƌŝĐƚ
tŝĐŬŝƵƉtĂƚĞƌŝƐƚƌŝĐƚ ,ŝŐŚůĂŶĚƐ^ĞǁĞƌŝƐƚƌŝĐƚ
tŝůůĂŵĂůĂŶĞWĂƌŬĂŶĚZĞĐƌĞĂƚŝŽŶŝƐƚƌŝĐƚ ,ŝŐŚůŝŶĞtĂƚĞƌŝƐƚƌŝĐƚ tŝůůŝĂŵƐZƵƌĂů&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚ ,ŝƐƚŽƌŝĐ^ĞĂƚƚůĞWƌĞƐĞƌǀĂƚŝŽŶĂŶĚĞǀĞůŽƉŵĞŶƚƵƚŚŽƌŝƚǇ tŝůůŽǁƌĞĞŬWĂƌŬŝƐƚƌŝĐƚ ,ŽůŵĞƐ,ĂƌďŽƌ^ĞǁĞƌŝƐƚƌŝĐƚ tŝŶĐŚĞƐƚĞƌĂǇ^ĂŶŝƚĂƌǇŝƐƚƌŝĐƚ ,ƵŶƚĞƌƐtĂƚĞƌŝƐƚƌŝĐƚ tŝŶƐƚŽŶͲŝůůĂƌĚ&ŝƌĞŝƐƚƌŝĐƚ ,ǇĚƌŽ/ƌƌŝŐĂƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϵ tŝŶƐƚŽŶͲŝůůĂƌĚtĂƚĞƌŝƐƚƌŝĐƚ /ĐŝĐůĞ/ƌƌŝŐĂƚŝŽŶŝƐƚƌŝĐƚ tŽŽĚďƵƌŶZƵƌĂů&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚ /ŶĐŚĞůŝƵŵtĂƚĞƌŝƐƚƌŝĐƚ zĂŵŚŝůůŽƵŶƚǇ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ /ƌǀŝŶtĂƚĞƌŝƐƚƌŝĐƚEŽ͘ϲ zĂŵŚŝůů&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚ /ƐůĂŶĚŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϯ zŽƵŶŐƐZŝǀĞƌͲ>ĞǁŝƐĂŶĚůĂƌŬtĂƚĞƌŝƐƚƌŝĐƚ /ƐůĂŶĚŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϭ ^ƚĂƚĞ /ƐůĂŶĚŽƵŶƚǇ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ
KƌĞŐŽŶĞƉĂƌƚŵĞŶƚŽĨĚŵŝŶŝƐƚƌĂƚŝǀĞ^ĞƌǀŝĐĞƐ :ĞĨĨĞƌƐŽŶŽƵŶƚǇŽŶƐĞƌǀĂƚŝŽŶŝƐƚƌŝĐƚ KƌĞŐŽŶĞƉĂƌƚŵĞŶƚŽĨZĞǀĞŶƵĞ :ĞĨĨĞƌƐŽŶŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϱ KƌĞŐŽŶ,ĞĂůƚŚ>ŝĐĞŶƐŝŶŐŐĞŶĐǇ :ĞĨĨĞƌƐŽŶŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϭ KƌĞŐŽŶ,ŝŐŚĞƌ
ĚƵĐĂƚŝŽŶŽŽƌĚŝŶĂƚŝŶŐŽŵŵŝƐƐŝŽŶ :ĞĨĨĞƌƐŽŶŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϯ KƌĞŐŽŶ^ĞĐƌĞƚĂƌǇŽĨ^ƚĂƚĞ :ĞĨĨĞƌƐŽŶŽƵŶƚǇWƵďůŝĐhƚŝůŝƚǇŝƐƚƌŝĐƚEŽ͘ϭ KƌĞŐŽŶ^ƚĂƚĞŽĂƌĚŽĨEƵƌƐŝŶŐ :ĞĨĨĞƌƐŽŶŽƵŶƚǇtĂƚĞƌŝƐƚƌŝĐƚEŽ͘ϯ ^ƚĂƚĞŽĨKƌĞŐŽŶ :ĞĨĨĞƌƐŽŶdƌĂŶƐŝƚƵƚŚŽƌŝƚǇ
dƌŝďĂů :ƵŶŝƉĞƌĞĂĐŚtĂƚĞƌŝƐƚƌŝĐƚ
ƵƌŶƐWĂŝƵƚĞdƌŝďĞ <ĂƉŽǁƐŝŶtĂƚĞƌŝƐƚƌŝĐƚ
ŽŶĨĞĚĞƌĂƚĞĚdƌŝďĞƐŽĨŽŽƐ͕>ŽǁĞƌhŵƉƋƵĂĂŶĚ^ŝƵƐůĂǁ/ŶĚŝĂŶƐ <ĞůƐŽ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ ŽŶĨĞĚĞƌĂƚĞĚdƌŝďĞƐŽĨ'ƌĂŶĚZŽŶĚĞŽŵŵƵŶŝƚǇ <ĞŶŶĞǁŝĐŬ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ ŽŶĨĞĚĞƌĂƚĞĚdƌŝďĞƐŽĨ^ŝůĞƚǌ/ŶĚŝĂŶƐ <ĞŶŶĞǁŝĐŬ/ƌƌŝŐĂƚŝŽŶŝƐƚƌŝĐƚ ŽŶĨĞĚĞƌĂƚĞĚdƌŝďĞƐŽĨƚŚĞhŵĂƚŝůůĂ/ŶĚŝĂŶZĞƐĞƌǀĂƚŝŽŶ <ĞŶŶĞǁŝĐŬWƵďůŝĐ&ĂĐŝůŝƚŝĞƐŝƐƚƌŝĐƚ ŽŶĨĞĚĞƌĂƚĞĚdƌŝďĞƐŽĨƚŚĞtĂƌŵ^ƉƌŝŶŐƐ <ĞŶŶĞǁŝĐŬWƵďůŝĐ,ŽƐƉŝƚĂůŝƐƚƌŝĐƚ ŽƋƵŝůůĞ/ŶĚŝĂŶdƌŝďĞ <ĞŶƚ&ŝƌĞĞƉĂƌƚŵĞŶƚZĞŐŝŽŶĂů&ŝƌĞƵƚŚŽƌŝƚǇ <ůĂŵĂƚŚdƌŝďĞƐ <ĞǇWĞŶŝŶƐƵůĂDĞƚƌŽWĂƌŬƐŝƐƚƌŝĐƚ
<ŝŶŐŽƵŶƚǇŝƌƉŽƌƚŝƐƚƌŝĐƚEŽ͘ϭ
<ŝŶŐŽƵŶƚǇ&ĞƌƌǇŝƐƚƌŝĐƚ
<ŝŶŐŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϭϲ
<ŝŶŐŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘Ϯ
<ŝŶŐŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϮϬ
<ŝŶŐŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘Ϯϱ
<ŝŶŐŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘Ϯϳ
<ŝŶŐŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘Ϯϴ
<ŝŶŐŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϯϰ
<ŝŶŐŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϯϳ
<ŝŶŐŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϰϬ
<ŝŶŐŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϰϯ
<ŝŶŐŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϰϰ
<ŝŶŐŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϰϱ
<ŝŶŐŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϰϳ
<ŝŶŐŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϱϬ
<ŝŶŐŽƵŶƚǇ&ůŽŽĚŽŶƚƌŽůŝƐƚƌŝĐƚ
<ŝŶŐŽƵŶƚǇ,ŽƐƉŝƚĂůŝƐƚƌŝĐƚEŽ͘ϰ
<ŝŶŐŽƵŶƚǇ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ
<ŝŶŐŽƵŶƚǇWƵďůŝĐ,ŽƐƉŝƚĂůŝƐƚƌŝĐƚEŽ͘ϭ
<ŝŶŐŽƵŶƚǇWƵďůŝĐ,ŽƐƉŝƚĂůŝƐƚƌŝĐƚEŽ͘Ϯ
<ŝŶŐŽƵŶƚǇtĂƚĞƌŝƐƚƌŝĐƚEŽ͘ϭ
<ŝŶŐŽƵŶƚǇtĂƚĞƌŝƐƚƌŝĐƚEŽ͘ϭϭϭ
<ŝŶŐŽƵŶƚǇtĂƚĞƌŝƐƚƌŝĐƚEŽ͘ϭϭϳ
<ŝŶŐŽƵŶƚǇtĂƚĞƌŝƐƚƌŝĐƚEŽ͘ϭϭϵ
<ŝŶŐŽƵŶƚǇtĂƚĞƌŝƐƚƌŝĐƚEŽ͘ϭϮϱ
<ŝŶŐŽƵŶƚǇtĂƚĞƌŝƐƚƌŝĐƚEŽ͘ϭϵ
<ŝŶŐŽƵŶƚǇtĂƚĞƌŝƐƚƌŝĐƚEŽ͘ϮϬ
<ŝŶŐŽƵŶƚǇtĂƚĞƌŝƐƚƌŝĐƚEŽ͘ϰϱ
<ŝŶŐŽƵŶƚǇtĂƚĞƌŝƐƚƌŝĐƚEŽ͘ϰϵ
<ŝŶŐŽƵŶƚǇtĂƚĞƌŝƐƚƌŝĐƚEŽ͘ϱϰ
<ŝŶŐŽƵŶƚǇtĂƚĞƌŝƐƚƌŝĐƚEŽ͘ϵϬ
<ŝƚƐĂƉŽŶƐĞƌǀĂƚŝŽŶŝƐƚƌŝĐƚ
<ŝƚƐĂƉŽƵŶƚǇŽŶƐŽůŝĚĂƚĞĚ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ
<ŝƚƐĂƉŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϭϴ
<ŝƚƐĂƉŽƵŶƚǇWƵďůŝĐhƚŝůŝƚǇŝƐƚƌŝĐƚEŽ͘ϭ
<ŝƚƐĂƉŽƵŶƚǇZƵƌĂů>ŝďƌĂƌǇŝƐƚƌŝĐƚ
<ŝƚƐĂƉWƵďůŝĐ,ĞĂůƚŚŝƐƚƌŝĐƚ
<ŝƚƚŝƚĂƐŽƵŶƚǇŽŶƐĞƌǀĂƚŝŽŶŝƐƚƌŝĐƚ
<ŝƚƚŝƚĂƐŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘Ϯ
<ŝƚƚŝƚĂƐŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϳ
<ŝƚƚŝƚĂƐŽƵŶƚǇ,ŽƐƉŝƚĂůŝƐƚƌŝĐƚEŽ͘Ϯ
<ŝƚƚŝƚĂƐŽƵŶƚǇ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ
<ŝƚƚŝƚĂƐŽƵŶƚǇWƵďůŝĐhƚŝůŝƚǇŝƐƚƌŝĐƚEŽ͘ϭ
<ŝƚƚŝƚĂƐŽƵŶƚǇtĂƚĞƌŝƐƚƌŝĐƚEŽ͘ϱ
<ŝƚƚŝƚĂƐŽƵŶƚǇtĂƚĞƌŝƐƚƌŝĐƚEŽ͘ϲ
<ŝƚƚŝƚĂƐŽƵŶƚǇtĂƚĞƌŝƐƚƌŝĐƚEŽ͘ϳ
<ůŝĐŬŝƚĂƚŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϭϰ
<ůŝĐŬŝƚĂƚŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϭϱ
<ůŝĐŬŝƚĂƚŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϭ
<ůŝĐŬŝƚĂƚŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϰ
<ůŝĐŬŝƚĂƚŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϱ
<ůŝĐŬŝƚĂƚŽƵŶƚǇWŽƌƚŝƐƚƌŝĐƚEŽ͘ϭ
<ůŝĐŬŝƚĂƚŽƵŶƚǇWƵďůŝĐ,ŽƐƉŝƚĂůŝƐƚƌŝĐƚEŽ͘ϭ
<ůŝĐŬŝƚĂƚŽƵŶƚǇWƵďůŝĐ,ŽƐƉŝƚĂůŝƐƚƌŝĐƚEŽ͘Ϯ
<ůŝĐŬŝƚĂƚŽƵŶƚǇWƵďůŝĐhƚŝůŝƚǇŝƐƚƌŝĐƚEŽ͘ϭ
>ĂĐĞǇ&ŝƌĞŝƐƚƌŝĐƚϯ
>ĂŬĞŚĞůĂŶZĞĐůĂŵĂƚŝŽŶŝƐƚƌŝĐƚ
>ĂŬĞŚĞůĂŶ^ĞǁĞƌŝƐƚƌŝĐƚ
>ĂŬĞ&ŽƌĞƐƚWĂƌŬtĂƚĞƌŝƐƚƌŝĐƚ
ƉƉĞŶĚŝǆ WĂŐĞϭϬŽĨϭϰ

,ĂǁĂŝŝ /ĚĂŚŽ KƌĞŐŽŶ ^ŽƵƚŚĂƌŽůŝŶĂ hƚĂŚ tĂƐŚŝŶŐƚŽŶ
>ĂŬĞ^ƚĞǀĞŶƐ^ĞǁĞƌŝƐƚƌŝĐƚ
>ĂŬĞtĞŶĂƚĐŚĞĞtĂƚĞƌŝƐƚƌŝĐƚ
>ĂŬĞtŚĂƚĐŽŵtĂƚĞƌĂŶĚ^ĞǁĞƌŝƐƚƌŝĐƚ
>ĂŬĞŚĂǀĞŶhƚŝůŝƚǇŝƐƚƌŝĐƚ
>ĂŬĞǁŽŽĚtĂƚĞƌŝƐƚƌŝĐƚ
>ĞŶŽƌĂtĂƚĞƌĂŶĚ^ĞǁĞƌŝƐƚƌŝĐƚ
>ĞǁŝƐŽƵŶƚǇŽŶƐĞƌǀĂƚŝŽŶŝƐƚƌŝĐƚ
>ĞǁŝƐŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϭ
>ĞǁŝƐŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϭϭ
>ĞǁŝƐŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϭϯ
>ĞǁŝƐŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϭϴ
>ĞǁŝƐŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϵ
>ĞǁŝƐŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϭϰ
>ĞǁŝƐŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϭϲ
>ĞǁŝƐŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘Ϯ
>ĞǁŝƐŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϱ
>ĞǁŝƐŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϲ
>ĞǁŝƐŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϴ
>ĞǁŝƐŽƵŶƚǇ,ŽƐƉŝƚĂůŝƐƚƌŝĐƚEŽ͘ϭ
>ĞǁŝƐŽƵŶƚǇWƵďůŝĐ&ĂĐŝůŝƚŝĞƐŝƐƚƌŝĐƚ
>ĞǁŝƐŽƵŶƚǇWƵďůŝĐhƚŝůŝƚǇŝƐƚƌŝĐƚEŽ͘ϭ
>ĞǁŝƐŽƵŶƚǇtĂƚĞƌŝƐƚƌŝĐƚEŽ͘ϭ
>ĞǁŝƐŽƵŶƚǇtĂƚĞƌŝƐƚƌŝĐƚEŽ͘ϯ
>ĞǁŝƐWƵďůŝĐdƌĂŶƐƉŽƌƚĂƚŝŽŶĞŶĞĨŝƚƌĞĂƵƚŚŽƌŝƚǇ
>ŝďĞƌƚǇ>ĂŬĞ^ĞǁĞƌĂŶĚtĂƚĞƌŝƐƚƌŝĐƚ
>ŝŶĐŽůŶŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϭ
>ŝŶĐŽůŶŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϰ
>ŝŶĐŽůŶŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϱ
>ŝŶĐŽůŶŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϲ
>ŝŶĐŽůŶŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϴ
>ŝŶĐŽůŶŽƵŶƚǇ,ŽƐƉŝƚĂůŝƐƚƌŝĐƚEŽ͘ϯ
>ŝŶĐŽůŶͲĚĂŵƐŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϯ
>ŽŶŐǀŝĞǁ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ
>ŽƉĞǌ/ƐůĂŶĚ>ŝďƌĂƌǇŝƐƚƌŝĐƚ
>ŽǁĞƌ
ůǁŚĂ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ
>ŽǁĞƌ^ƋƵŝůĐŚƵĐŬ/ƌƌŝŐĂƚŝŽŶŝƐƚƌŝĐƚ
>Ƶŵŵŝ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ
>ƵŵŵŝdƌŝďĂů^ĞǁĞƌĂŶĚtĂƚĞƌŝƐƚƌŝĐƚ
DĂŬĂŚ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ
DĂůĂŐĂtĂƚĞƌŝƐƚƌŝĐƚ
DĂŶĐŚĞƐƚĞƌtĂƚĞƌŝƐƚƌŝĐƚ
DĂŶƐŽŶWĂƌŬĂŶĚZĞĐƌĞĂƚŝŽŶŝƐƚƌŝĐƚ
DĂƌƐŚůĂŶĚ&ůŽŽĚŽŶƚƌŽůŝƐƚƌŝĐƚ
DĂƌǇƐǀŝůůĞ&ŝƌĞŝƐƚƌŝĐƚ
DĂƐŽŶŽŶƐĞƌǀĂƚŝŽŶŝƐƚƌŝĐƚ
DĂƐŽŶŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϭϯ
DĂƐŽŶŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϭϳ
DĂƐŽŶŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘Ϯ
DĂƐŽŶŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϰ
DĂƐŽŶŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϱ
DĂƐŽŶŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϴ
DĂƐŽŶŽƵŶƚǇ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ
DĂƐŽŶŽƵŶƚǇWƵďůŝĐ,ŽƐƉŝƚĂůŝƐƚƌŝĐƚEŽ͘ϭ
DĂƐŽŶŽƵŶƚǇWƵďůŝĐhƚŝůŝƚǇŝƐƚƌŝĐƚEŽ͘ϭ
DĂƐŽŶŽƵŶƚǇWƵďůŝĐhƚŝůŝƚǇŝƐƚƌŝĐƚEŽ͘ϯ
DĂƐŽŶŽƵŶƚǇdƌĂŶƐŝƚƵƚŚŽƌŝƚǇ
DĞƚŚŽǁsĂůůĞǇ/ƌƌŝŐĂƚŝŽŶŝƐƚƌŝĐƚ
DŝĚͲŽůƵŵďŝĂ>ŝďƌĂƌǇŝƐƚƌŝĐƚ
DŝĚǁĂǇ^ĞǁĞƌŝƐƚƌŝĐƚ
DŽĂď/ƌƌŝŐĂƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϮϬ
DŽƐĞƐ>ĂŬĞ/ƌƌŝŐĂƚŝŽŶĂŶĚZĞŚĂďŝůŝƚĂƚŝŽŶŝƐƚƌŝĐƚ
DƵŬŝůƚĞŽtĂƚĞƌĂŶĚtĂƐƚĞǁĂƚĞƌŝƐƚƌŝĐƚ
EĂĐŚĞƐͲ^ĞůĂŚ/ƌƌŝŐĂƚŝŽŶŝƐƚƌŝĐƚ
EŽƌƚŚĞĂĐŚtĂƚĞƌŝƐƚƌŝĐƚ
EŽƌƚŚĞŶƚƌĂůtĂƐŚŝŶŐƚŽŶ
ĐŽŶŽŵŝĐĞǀĞůŽƉŵĞŶƚŝƐƚƌŝĐƚ
EŽƌƚŚŝƚǇtĂƚĞƌŝƐƚƌŝĐƚ
EŽƌƚŚŽƵŶƚǇZĞŐŝŽŶĂů&ŝƌĞƵƚŚŽƌŝƚǇ
EŽƌƚŚ,ŝŐŚůŝŶĞ&ŝƌĞŝƐƚƌŝĐƚ
EŽƌƚŚWĞƌƌǇǀĞŶƵĞtĂƚĞƌŝƐƚƌŝĐƚ
EŽƌƚŚtŚŝĚďĞǇWĂƌŬĂŶĚZĞĐƌĞĂƚŝŽŶŝƐƚƌŝĐƚ
EŽƌƚŚĞĂƐƚ^ĂŵŵĂŵŝƐŚ^ĞǁĞƌĂŶĚtĂƚĞƌŝƐƚƌŝĐƚ
EŽƌƚŚƐŚŽƌĞhƚŝůŝƚǇŝƐƚƌŝĐƚ
EŽƌƚŚǁĞƐƚWĂƌŬĂŶĚZĞĐƌĞĂƚŝŽŶŝƐƚƌŝĐƚEŽ͘Ϯ
KŬĂŶŽŐĂŶŽŶƐĞƌǀĂƚŝŽŶŝƐƚƌŝĐƚ
KŬĂŶŽŐĂŶŽƵŶƚǇĞŵĞƚĞƌǇŝƐƚƌŝĐƚEŽ͘ϰ
KŬĂŶŽŐĂŶŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϲ
KŬĂŶŽŐĂŶŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϭϭ
KŬĂŶŽŐĂŶŽƵŶƚǇ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ
KŬĂŶŽŐĂŶŽƵŶƚǇWƵďůŝĐ,ŽƐƉŝƚĂůŝƐƚƌŝĐƚEŽ͘ϯ
KŬĂŶŽŐĂŶŽƵŶƚǇWƵďůŝĐ,ŽƐƉŝƚĂůŝƐƚƌŝĐƚEŽ͘ϰ
KŬĂŶŽŐĂŶŽƵŶƚǇWƵďůŝĐhƚŝůŝƚǇŝƐƚƌŝĐƚEŽ͘ϭ
KŬĂŶŽŐĂŶ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϭϲ
KŬĂŶŽŐĂŶ/ƌƌŝŐĂƚŝŽŶŝƐƚƌŝĐƚ
KůǇŵƉŝĐsŝĞǁtĂƚĞƌĂŶĚ^ĞǁĞƌŝƐƚƌŝĐƚ
KůǇŵƉƵƐdĞƌƌĂĐĞ^ĞǁĞƌŝƐƚƌŝĐƚ
KƌĐĂƐ/ƐůĂŶĚ>ŝďƌĂƌǇŝƐƚƌŝĐƚ
KƌĐŚĂƌĚǀĞŶƵĞ/ƌƌŝŐĂƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϲ
KƌŽǀŝůůĞ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ
KƌŽǀŝůůĞͲdŽŶĂƐŬĞƚ/ƌƌŝŐĂƚŝŽŶŝƐƚƌŝĐƚ
KƚŚĞůůŽ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ
WĂĐŝĨŝĐŽŶƐĞƌǀĂƚŝŽŶŝƐƚƌŝĐƚ
WĂĐŝĨŝĐŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘Ϯ
WĂĐŝĨŝĐŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϭ
WĂĐŝĨŝĐŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϯ
ƉƉĞŶĚŝǆ WĂŐĞϭϭŽĨϭϰ

,ĂǁĂŝŝ /ĚĂŚŽ KƌĞŐŽŶ ^ŽƵƚŚĂƌŽůŝŶĂ hƚĂŚ tĂƐŚŝŶŐƚŽŶ
WĂĐŝĨŝĐŽƵŶƚǇWƵďůŝĐ,ĞĂůƚŚĐĂƌĞ^ĞƌǀŝĐĞƐŝƐƚƌŝĐƚEŽ͘ϯ WĂĐŝĨŝĐŽƵŶƚǇWƵďůŝĐhƚŝůŝƚǇŝƐƚƌŝĐƚEŽ͘Ϯ
WĂĐŝĨŝĐ,ŽƐƉŝƚĂůWƌĞƐĞƌǀĂƚŝŽŶĂŶĚĞǀĞůŽƉŵĞŶƚƵƚŚŽƌŝƚǇ WĂůŽƵƐĞŽŶƐĞƌǀĂƚŝŽŶŝƐƚƌŝĐƚ
WĂƐĐŽͬ&ƌĂŶŬůŝŶŽƵŶƚǇ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ
WĞŶĚKƌĞŝůůĞŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘Ϯ
WĞŶĚKƌĞŝůůĞŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϰ
WĞŶĚKƌĞŝůůĞŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϱ
WĞŶĚKƌĞŝůůĞŽƵŶƚǇ>ŝďƌĂƌǇŝƐƚƌŝĐƚ
WĞŶĚKƌĞŝůůĞŽƵŶƚǇWƵďůŝĐ,ŽƐƉŝƚĂůŝƐƚƌŝĐƚEŽ͘ϭ
WĞŶĚKƌĞŝůůĞŽƵŶƚǇWƵďůŝĐhƚŝůŝƚǇŝƐƚƌŝĐƚEŽ͘ϭ
WĞŶŝŶƐƵůĂ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ
WĞŶŝŶƐƵůĂDĞƚƌŽƉŽůŝƚĂŶWĂƌŬŝƐƚƌŝĐƚ
WĞƐŚĂƐƚŝŶ/ƌƌŝŐĂƚŝŽŶŝƐƚƌŝĐƚ
WĞƐŚĂƐƚŝŶtĂƚĞƌŝƐƚƌŝĐƚ
WŝĞƌĐĞŽŶƐĞƌǀĂƚŝŽŶŝƐƚƌŝĐƚ
WŝĞƌĐĞŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϭϯ
WŝĞƌĐĞŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϭϲ
WŝĞƌĐĞŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϭϴ
WŝĞƌĐĞŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘Ϯϯ
WŝĞƌĐĞŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘Ϯϳ
WŝĞƌĐĞŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϯ
WŝĞƌĐĞŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϱ
WŝĞƌĐĞŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϴ
WŝĞƌĐĞŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϭϰ
WŝĞƌĐĞŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘Ϯ
WŝĞƌĐĞŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘Ϯϭ
WŝĞƌĐĞŽƵŶƚǇ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ
WŝŬĞWůĂĐĞDĂƌŬĞƚWƌĞƐĞƌǀĂƚŝŽŶĂŶĚĞǀĞůŽƉŵĞŶƚƵƚŚŽƌŝƚǇ WŽŝŶƚZŽďĞƌƚƐtĂƚĞƌŝƐƚƌŝĐƚEŽ͘ϰ
WŽŶĚĞƌĂǇ^ŚŽƌĞƐtĂƚĞƌĂŶĚ^ĞǁĞƌŝƐƚƌŝĐƚ
WŽƌƚ>ƵĚůŽǁƌĂŝŶĂŐĞŝƐƚƌŝĐƚ
WƌĞƐĐŽƚƚ:ŽŝŶƚWĂƌŬƐĂŶĚZĞĐƌĞĂƚŝŽŶŝƐƚƌŝĐƚ
WƌŽƐƐĞƌ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϯ
WƌŽƐƐĞƌWƵďůŝĐ,ŽƐƉŝƚĂůŝƐƚƌŝĐƚ
WƵďůŝĐ,ŽƐƉŝƚĂůŝƐƚƌŝĐƚEŽ͘ϭ
WƵďůŝĐ,ŽƐƉŝƚĂůŝƐƚƌŝĐƚEŽ͘ϯ
WƵďůŝĐhƚŝůŝƚǇŝƐƚƌŝĐƚEŽͲϭ
WƵǇĂůůƵƉdƌŝďĂů,ĞĂůƚŚƵƚŚŽƌŝƚǇ
YƵŝůĞƵƚĞ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ
YƵŝŶĂƵůƚ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ
YƵŝŶĐǇͲŽůƵŵďŝĂĂƐŝŶ/ƌƌŝŐĂƚŝŽŶŝƐƚƌŝĐƚ
ZĞŶƚŽŶ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ
ZŝĐŚůĂŶĚ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ
ZŝĐŚůĂŶĚWƵďůŝĐ&ĂĐŝůŝƚŝĞƐŝƐƚƌŝĐƚ
ZŽŶĂůĚtĂƐƚĞǁĂƚĞƌŝƐƚƌŝĐƚ
ZŽǌĂ/ƌƌŝŐĂƚŝŽŶŝƐƚƌŝĐƚ
^ĂĐŚĞĞŶ>ĂŬĞ^ĞǁĞƌĂŶĚtĂƚĞƌŝƐƚƌŝĐƚ
^ĂŵŵĂŵŝƐŚWůĂƚĞĂƵtĂƚĞƌĂŶĚ^ĞǁĞƌŝƐƚƌŝĐƚ
^ĂŶ:ƵĂŶ/ƐůĂŶĚ>ŝďƌĂƌǇŝƐƚƌŝĐƚ
^ĂƌĂƚŽŐĂtĂƚĞƌŝƐƚƌŝĐƚ
^ĐĂƚĐŚĞƚ,ĞĂĚtĂƚĞƌŝƐƚƌŝĐƚ
^ĞĂƚƚůĞŚŝŶĂƚŽǁŶ/ŶƚĞƌŶĂƚŝŽŶĂůŝƐƚƌŝĐƚWƌĞƐĞƌǀĂƚŝŽŶĂŶĚĞǀĞůŽƉŵĞŶƚƵƚŚŽƌŝƚ Ǉ
^ĞĂƚƚůĞ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ
^ĞĂƚƚůĞ^ŽƵƚŚƐŝĚĞZĞŐŝŽŶĂůdŽƵƌŝƐŵƵƚŚŽƌŝƚǇ
^ĞůĂŚͲDŽǆĞĞ/ƌƌŝŐĂƚŝŽŶŝƐƚƌŝĐƚ
^ŝsŝĞǁDĞƚƌŽƉŽůŝƚĂŶWĂƌŬŝƐƚƌŝĐƚ
^ŝůǀĞƌ>ĂŬĞ&ůŽŽĚŽŶƚƌŽůŝƐƚƌŝĐƚ
^ŝůǀĞƌ>ĂŬĞtĂƚĞƌŶĚ^ĞǁĞƌŝƐƚƌŝĐƚ
^ŝůǀĞƌĚĂůĞtĂƚĞƌŝƐƚƌŝĐƚ
^ŬĂŐŝƚŽŶƐĞƌǀĂƚŝŽŶŝƐƚƌŝĐƚ
^ŬĂŐŝƚŽƵŶƚǇĞŵĞƚĞƌǇŝƐƚƌŝĐƚEŽ͘Ϯ
^ŬĂŐŝƚŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϭϬ
^ŬĂŐŝƚŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϭϭ
^ŬĂŐŝƚŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϭϱ
^ŬĂŐŝƚŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϵ
^ŬĂŐŝƚŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϭϯ
^ŬĂŐŝƚŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϭϰ
^ŬĂŐŝƚŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘Ϯ
^ŬĂŐŝƚŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϯ
^ŬĂŐŝƚŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϰ
^ŬĂŐŝƚŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϱ
^ŬĂŐŝƚŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϴ
^ŬĂŐŝƚŽƵŶƚǇ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ
^ŬĂŐŝƚŽƵŶƚǇWƵďůŝĐ,ŽƐƉŝƚĂůŝƐƚƌŝĐƚEŽ͘ϭ
^ŬĂŐŝƚŽƵŶƚǇWƵďůŝĐ,ŽƐƉŝƚĂůŝƐƚƌŝĐƚEŽ͘Ϯ
^ŬĂŐŝƚŽƵŶƚǇWƵďůŝĐ,ŽƐƉŝƚĂůŝƐƚƌŝĐƚEŽ͘ϯϬϰ
^ŬĂŐŝƚŽƵŶƚǇWƵďůŝĐhƚŝůŝƚǇŝƐƚƌŝĐƚEŽ͘ϭ
^ŬĂŐŝƚŽƵŶƚǇ^ĞǁĞƌŝƐƚƌŝĐƚEŽ͘ϭ
^ŬĂŐŝƚŽƵŶƚǇ^ĞǁĞƌŝƐƚƌŝĐƚEŽ͘Ϯ
^ŬĂŐŝƚsĂůůĞǇWƵďůŝĐ,ŽƐƉŝƚĂůŝƐƚƌŝĐƚEŽ͘ϭ
^ŬĂŵĂŶŝĂŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϭ
^ŬĂŵĂŶŝĂŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϰ
^ŬĂŵĂŶŝĂŽƵŶƚǇWƵďůŝĐ,ŽƐƉŝƚĂůŝƐƚƌŝĐƚEŽ͘ϭ
^ŬĂŵĂŶŝĂŽƵŶƚǇWƵďůŝĐhƚŝůŝƚǇŝƐƚƌŝĐƚEŽ͘ϭ
^ŬĂŵŽŬĂǁĂtĂƚĞƌĂŶĚ^ĞǁĞƌŝƐƚƌŝĐƚ
^ŬǇǁĂǇtĂƚĞƌĂŶĚ^ĞǁĞƌŝƐƚƌŝĐƚ
^ŶŽŚŽŵŝƐŚŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϭϱ
^ŶŽŚŽŵŝƐŚŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϭϲ
^ŶŽŚŽŵŝƐŚŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϭϵ
^ŶŽŚŽŵŝƐŚŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘Ϯϲ
^ŶŽŚŽŵŝƐŚŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϱ
^ŶŽŚŽŵŝƐŚŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϭ
^ŶŽŚŽŵŝƐŚŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϭϳ
ƉƉĞŶĚŝǆ WĂŐĞϭϮŽĨϭϰ

,ĂǁĂŝŝ /ĚĂŚŽ KƌĞŐŽŶ ^ŽƵƚŚĂƌŽůŝŶĂ hƚĂŚ tĂƐŚŝŶŐƚŽŶ
^ŶŽŚŽŵŝƐŚŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘Ϯϭ
^ŶŽŚŽŵŝƐŚŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϮϮ
^ŶŽŚŽŵŝƐŚŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘Ϯϱ
^ŶŽŚŽŵŝƐŚŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘Ϯϴ
^ŶŽŚŽŵŝƐŚŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϯ
^ŶŽŚŽŵŝƐŚŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϳ
^ŶŽŚŽŵŝƐŚŽƵŶƚǇ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ
^ŶŽŚŽŵŝƐŚŽƵŶƚǇWƵďůŝĐ,ŽƐƉŝƚĂůŝƐƚƌŝĐƚEŽ͘ϭ
^ŶŽŚŽŵŝƐŚŽƵŶƚǇWƵďůŝĐ,ŽƐƉŝƚĂůŝƐƚƌŝĐƚEŽ͘Ϯ
^ŶŽŚŽŵŝƐŚŽƵŶƚǇWƵďůŝĐhƚŝůŝƚǇŝƐƚƌŝĐƚEŽ͘ϭ
^ŶŽŚŽŵŝƐŚ,ĞĂůƚŚŝƐƚƌŝĐƚ
^ŶŽŚŽŵŝƐŚZŝǀĞƌZĞŐŝŽŶĂůtĂƚĞƌƵƚŚŽƌŝƚǇ
^ŶŽƋƵĂůŵŝĞsĂůůĞǇ,ŽƐƉŝƚĂůŝƐƚƌŝĐƚ
^ŽƵƚŚŽůƵŵďŝĂĂƐŝŶ/ƌƌŝŐĂƚŝŽŶŝƐƚƌŝĐƚ
^ŽƵƚŚŽƌƌĞĐƚŝŽŶĂů
ŶƚŝƚǇWƵďůŝĐĞǀĞůŽƉŵĞŶƚƵƚŚŽƌŝƚǇ
^ŽƵƚŚEĂĐŚĞƐ/ƌƌŝŐĂƚŝŽŶŝƐƚƌŝĐƚ
^ŽƵƚŚtŚĂƚĐŽŵ&ŝƌĞƵƚŚŽƌŝƚǇ
^ŽƵƚŚtŚŝĚďĞǇWĂƌŬƐĂŶĚZĞĐƌĞĂƚŝŽŶŝƐƚƌŝĐƚ
^ŽƵƚŚzĂŬŝŵĂŽŶƐĞƌǀĂƚŝŽŶŝƐƚƌŝĐƚ
^ŽƵƚŚǁĞƐƚ^ƵďƵƌďĂŶ^ĞǁĞƌŝƐƚƌŝĐƚ
^ƉŽŬĂŶĞŽŶƐĞƌǀĂƚŝŽŶŝƐƚƌŝĐƚ
^ƉŽŬĂŶĞŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϭϮ
^ƉŽŬĂŶĞŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘Ϯ
^ƉŽŬĂŶĞŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϰ
^ƉŽŬĂŶĞŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϭϬ
^ƉŽŬĂŶĞŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϭϭ
^ƉŽŬĂŶĞŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϭϯ
^ƉŽŬĂŶĞŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϯ
^ƉŽŬĂŶĞŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϱ
^ƉŽŬĂŶĞŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϴ
^ƉŽŬĂŶĞŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϵ
^ƉŽŬĂŶĞŽƵŶƚǇ>ŝďƌĂƌǇŝƐƚƌŝĐƚ
^ƉŽŬĂŶĞŽƵŶƚǇtĂƚĞƌŝƐƚƌŝĐƚEŽ͘ϯ
^ƉŽŬĂŶĞ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ
^ƉŽŬĂŶĞ/ŶĚŝĂŶ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ
^ƉŽŬĂŶĞWƵďůŝĐ&ĂĐŝůŝƚŝĞƐŝƐƚƌŝĐƚ
^ƉŽŬĂŶĞZĞŐŝŽŶĂů,ĞĂůƚŚŝƐƚƌŝĐƚ
^ƉŽŬĂŶĞdƌĂŶƐŝƚƵƚŚŽƌŝƚǇ
^ƚĂƌƚƵƉtĂƚĞƌŝƐƚƌŝĐƚ
^ƚĞƉƚŽĞ^ĞǁĞƌŝƐƚƌŝĐƚEŽ͘ϭ
^ƚĞǀĞŶƐŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘Ϯ
^ƚĞǀĞŶƐŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϲ
^ƚĞǀĞŶƐŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϭ
^ƚĞǀĞŶƐŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϭϬ
^ƚĞǀĞŶƐŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϭϮ
^ƚĞǀĞŶƐŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϱ
^ƚĞǀĞŶƐŽƵŶƚǇWƵďůŝĐhƚŝůŝƚǇŝƐƚƌŝĐƚEŽ͘ϭ
^ƚĞǀĞŶƐŽƵŶƚǇZƵƌĂů>ŝďƌĂƌǇŝƐƚƌŝĐƚ
^ƚĞǀĞŶƐWĂƐƐ^ĞǁĞƌŝƐƚƌŝĐƚ
^ƵŶ,ĂƌďŽƌtĂƚĞƌŝƐƚƌŝĐƚEŽ͘ϯ
^ƵŶŶǇƐŝĚĞ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ
^ƵŶŶǇƐŝĚĞsĂůůĞǇ/ƌƌŝŐĂƚŝŽŶŝƐƚƌŝĐƚ
^ƵŶŶǇƐůŽƉĞtĂƚĞƌŝƐƚƌŝĐƚ
^ǁŝŶŽŵŝƐŚ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ
dĂĐŽŵĂŽŵŵƵŶŝƚǇZĞĚĞǀĞůŽƉŵĞŶƚƵƚŚŽƌŝƚǇ
dĂĐŽŵĂ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ
dĂĐŽŵĂDĞƚƌŽƉŽůŝƚĂŶWĂƌŬŝƐƚƌŝĐƚ
dĞƌƌĂĐĞ,ĞŝŐŚƚƐ^ĞǁĞƌŝƐƚƌŝĐƚ
dŚĞĂ&ŽƐƐtĂƚĞƌǁĂǇĞǀĞůŽƉŵĞŶƚƵƚŚŽƌŝƚǇ
dŚƌĞĞZŝǀĞƌƐZĞŐŝŽŶĂůtĂƐƚĞǁĂƚĞƌƵƚŚŽƌŝƚǇ
dŚƵƌƐƚŽŶŽŶƐĞƌǀĂƚŝŽŶŝƐƚƌŝĐƚ
dŚƵƌƐƚŽŶŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϭϮ
dŚƵƌƐƚŽŶŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϰ
dŚƵƌƐƚŽŶŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϵ
dŚƵƌƐƚŽŶŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϯ
dŚƵƌƐƚŽŶŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϱ
dŚƵƌƐƚŽŶŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϲ
dŚƵƌƐƚŽŶŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϴ
dŚƵƌƐƚŽŶŽƵŶƚǇ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ
dŚƵƌƐƚŽŶŽƵŶƚǇWƵďůŝĐhƚŝůŝƚǇŝƐƚƌŝĐƚEŽ͘ϭ
dƌŝͲŽƵŶƚǇ
ĐŽŶŽŵŝĐĞǀĞůŽƉŵĞŶƚŝƐƚƌŝĐƚ
dƵŬǁŝůĂDĞƚƌŽƉŽůŝƚĂŶWĂƌŬŝƐƚƌŝĐƚ
hŶĚĞƌǁŽŽĚŽŶƐĞƌǀĂƚŝŽŶŝƐƚƌŝĐƚ
hŶŝŽŶ'ĂƉ/ƌƌŝŐĂƚŝŽŶŝƐƚƌŝĐƚ
sĂůsƵĞ^ĞǁĞƌŝƐƚƌŝĐƚ
sĂůůĞǇZĞŐŝŽŶĂů&ŝƌĞƵƚŚŽƌŝƚǇ
sĂůůĞǇsŝĞǁ^ĞǁĞƌŝƐƚƌŝĐƚ
sĂůůĞǇtĂƚĞƌŝƐƚƌŝĐƚ
sĂŶĐŽƵǀĞƌ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ
sĂƐŚŽŶWĂƌŬŝƐƚƌŝĐƚ
tĂŚŬŝĂŬƵŵŽƵŶƚǇWƵďůŝĐhƚŝůŝƚǇŝƐƚƌŝĐƚEŽ͘ϭ
tĂŚŬŝĂŬƵŵ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϭ
tĂŚŬŝĂŬƵŵWŽƌƚŝƐƚƌŝĐƚEŽ͘ϭ
tĂůůĂtĂůůĂŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϭ
tĂůůĂtĂůůĂŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϯ
tĂůůĂtĂůůĂŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϰ
tĂůůĂtĂůůĂŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϱ
tĂůůĂtĂůůĂŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϴ
tĂůůĂtĂůůĂŽƵŶƚǇZƵƌĂů>ŝďƌĂƌǇŝƐƚƌŝĐƚ
tĂůůĂtĂůůĂ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ
tĂůůƵůĂtĂƚĞƌŝƐƚƌŝĐƚEŽ͘ϭ
tĂƐŚŝŶŐƚŽŶ^ƚĂƚĞŽŶǀĞŶƚŝŽŶĞŶƚĞƌWƵďůŝĐ&ĂĐŝůŝƚŝĞƐŝƐƚƌŝĐƚ tĂƐŚŝŶŐƚŽŶ^ƚĂƚĞDĂũŽƌ>ĞĂŐƵĞĂƐĞďĂůů^ƚĂĚŝƵŵWƵďůŝĐ&ĂĐŝůŝƚŝĞƐŝƐƚƌŝĐƚ tĂƐŚŝŶŐƚŽŶ^ƚĂƚĞdŽďĂĐĐŽ^ĞƚƚůĞŵĞŶƚƵƚŚŽƌŝƚǇ
ƉƉĞŶĚŝǆ WĂŐĞϭϯŽĨϭϰ

,ĂǁĂŝŝ /ĚĂŚŽ KƌĞŐŽŶ ^ŽƵƚŚĂƌŽůŝŶĂ hƚĂŚ tĂƐŚŝŶŐƚŽŶ
tĂƚĞƌŝƐƚƌŝĐƚϭϵ
tĞůůƐZĂŶĐŚ/ƌƌŝŐĂƚŝŽŶŝƐƚƌŝĐƚ
tĞŶĂƚĐŚĞĞZĞĐůĂŵĂƚŝŽŶŝƐƚƌŝĐƚ
tĞŶĂƚĐŚĞĞͲŚŝǁĂǁĂ/ƌƌŝŐĂƚŝŽŶŝƐƚƌŝĐƚ
tĞƐƚ^ŽƵŶĚhƚŝůŝƚǇŝƐƚƌŝĐƚ
tŚĂƚĐŽŵŽŶƐĞƌǀĂƚŝŽŶŝƐƚƌŝĐƚ
tŚĂƚĐŽŵŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϭ
tŚĂƚĐŽŵŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϭϭ
tŚĂƚĐŽŵŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϭϰ
tŚĂƚĐŽŵŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϭϲ
tŚĂƚĐŽŵŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϭϳ
tŚĂƚĐŽŵŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϰ
tŚĂƚĐŽŵŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϱ
tŚĂƚĐŽŵŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϳ
tŚĂƚĐŽŵŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϴ
tŚĂƚĐŽŵŽƵŶƚǇWƵďůŝĐhƚŝůŝƚǇŝƐƚƌŝĐƚEŽ͘ϭ
tŚĂƚĐŽŵŽƵŶƚǇtĂƚĞƌŝƐƚƌŝĐƚEŽ͘ϭϮ
tŚĂƚĐŽŵŽƵŶƚǇtĂƚĞƌŝƐƚƌŝĐƚEŽ͘ϭϯ
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tŚĂƚĐŽŵŽƵŶƚǇtĂƚĞƌŝƐƚƌŝĐƚEŽ͘ϳ
tŚĂƚĐŽŵdƌĂŶƐƉŽƌƚĂƚŝŽŶƵƚŚŽƌŝƚǇ
tŚŝĚďĞǇ/ƐůĂŶĚWƵďůŝĐ,ŽƐƉŝƚĂůŝƐƚƌŝĐƚ
tŚŝƚĞƐƚŽŶĞZĞĐůĂŵĂƚŝŽŶŝƐƚƌŝĐƚ
tŚŝƚŵĂŶŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϭϭ
tŚŝƚŵĂŶŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϭϮ
tŚŝƚŵĂŶŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϭϰ
tŚŝƚŵĂŶŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϳ
tŚŝƚŵĂŶŽƵŶƚǇWƵďůŝĐ,ŽƐƉŝƚĂůŝƐƚƌŝĐƚEŽ͘ϯ
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tŚŝƚǁŽƌƚŚtĂƚĞƌŝƐƚƌŝĐƚEŽ͘Ϯ
tŝůůĂƉĂsĂůůĞǇtĂƚĞƌŝƐƚƌŝĐƚ
tŝůůŝĂŵ^ŚŽƌĞDĞŵŽƌŝĂůWŽŽůŝƐƚƌŝĐƚ
tŝůůŝĂŵƐ>ĂŬĞ^ĞǁĞƌŝƐƚƌŝĐƚEŽ͘Ϯ
tŝŶĞ^ĐŝĞŶĐĞĞŶƚĞƌĞǀĞůŽƉŵĞŶƚƵƚŚŽƌŝƚǇ
tŽůůŽĐŚĞƚ,ĂƌďŽƌ^ĞǁĞƌŝƐƚƌŝĐƚ
tŽŽĚŝŶǀŝůůĞtĂƚĞƌŝƐƚƌŝĐƚ
zĂŬŝŵĂŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϭ
zĂŬŝŵĂŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϯ
zĂŬŝŵĂŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϰ
zĂŬŝŵĂŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϱ
zĂŬŝŵĂŽƵŶƚǇ&ŝƌĞŝƐƚƌŝĐƚEŽ͘ϲ
zĂŬŝŵĂŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϭϮ
zĂŬŝŵĂŽƵŶƚǇ&ŝƌĞWƌŽƚĞĐƚŝŽŶŝƐƚƌŝĐƚEŽ͘ϭϰ
zĂŬŝŵĂŽƵŶƚǇDŽƐƋƵŝƚŽŽŶƚƌŽůŝƐƚƌŝĐƚ
zĂŬŝŵĂ,ŽƵƐŝŶŐƵƚŚŽƌŝƚǇ
zĂŬŝŵĂZĞŐŝŽŶĂůůĞĂŶŝƌƵƚŚŽƌŝƚǇ
zĂŬŝŵĂZƵƌĂůŽƵŶƚǇ>ŝďƌĂƌǇŝƐƚƌŝĐƚ
zĂŬŝŵĂͲdŝĞƚŽŶ/ƌƌŝŐĂƚŝŽŶŝƐƚƌŝĐƚ
^ƚĂƚĞ
EŽƌƚŚ^ĞĂƚƚůĞŽŵŵƵŶŝƚǇŽůůĞŐĞ
^ĞĂƚƚůĞŽůůĞŐĞƐ
^ƚĂƚĞKĨtĂƐŚŝŶŐƚŽŶ
tĂƐŚŝŶŐƚŽŶ^ƚĂƚĞĞƉĂƌƚŵĞŶƚŽĨ
ŶƚĞƌƉƌŝƐĞ^ĞƌǀŝĐĞƐ
tĂƐŚŝŶŐƚŽŶ^ƚĂƚĞĞƉĂƌƚŵĞŶƚŽĨ,ĞĂůƚŚ
tĂƐŚŝŶŐƚŽŶ^ƚĂƚĞĞƉĂƌƚŵĞŶƚŽĨ^ŽĐŝĂůĂŶĚ,ĞĂůƚŚ^ĞƌǀŝĐĞƐ tĂƐŚŝŶŐƚŽŶ^ƚĂƚĞ,ĞĂůƚŚĂƌĞƵƚŚŽƌŝƚǇ
dƌŝďĂů
ŽůƵŵďŝĂZŝǀĞƌ/ŶƚĞƌͲdƌŝďĂů&ŝƐŚŽŵŵŝƐƐŝŽŶ
ŽŶĨĞĚĞƌĂƚĞĚdƌŝďĞƐŽĨƚŚĞŚĞŚĂůŝƐZĞƐĞƌǀĂƚŝŽŶ
ŽŶĨĞĚĞƌĂƚĞĚdƌŝďĞƐŽĨƚŚĞŽůǀŝůůĞZĞƐĞƌǀĂƚŝŽŶ
ŽŶĨĞĚĞƌĂƚĞĚdƌŝďĞƐŽĨƚŚĞzĂŬĂŵĂEĂƚŝŽŶ
Žǁůŝƚǌ/ŶĚŝĂŶdƌŝďĞ
,ŽŚ/ŶĚŝĂŶdƌŝďĞ
:ĂŵĞƐƚŽǁŶ^Ζ<ůĂůůĂŵdƌŝďĞ
<ĂůŝƐƉĞůdƌŝďĞŽĨ/ŶĚŝĂŶƐ
>ŽǁĞƌ
ůǁŚĂ<ůĂůůĂŵdƌŝďĞ
>Ƶŵŵŝ/ŶĚŝĂŶEĂƚŝŽŶ
DĂŬĂŚdƌŝďĞ
DƵĐŬůĞƐŚŽŽƚ/ŶĚŝĂŶdƌŝďĞ
EŝƐƋƵĂůůǇ/ŶĚŝĂŶdƌŝďĞ
EŽŽŬƐĂĐŬ/ŶĚŝĂŶdƌŝďĞ
WŽƌƚ'ĂŵďůĞ^Ζ<ůĂůůĂŵdƌŝďĞ
WƵǇĂůůƵƉdƌŝďĞŽĨ/ŶĚŝĂŶƐ
YƵŝůĞƵƚĞ/ŶĚŝĂŶdƌŝďĞ
YƵŝŶĂƵůƚ/ŶĚŝĂŶEĂƚŝŽŶ
^ĂŵŝƐŚ/ŶĚŝĂŶEĂƚŝŽŶ
^ĂƵŬͲ^ƵŝĂƚƚůĞ/ŶĚŝĂŶdƌŝďĞ
^ŬŽŬŽŵŝƐŚ/ŶĚŝĂŶdƌŝďĞ
^ŶŽƋƵĂůŵŝĞ/ŶĚŝĂŶdƌŝďĞ
^ƉŽŬĂŶĞdƌŝďĞ
^ƋƵĂǆŝŶ/ƐůĂŶĚdƌŝďĞ
^ƚŝůůĂŐƵĂŵŝƐŚdƌŝďĞŽĨ/ŶĚŝĂŶƐ
^ƵƋƵĂŵŝƐŚdƌŝďĞ
^ǁŝŶŽŵŝƐŚ/ŶĚŝĂŶdƌŝďĂůŽŵŵƵŶŝƚǇ
dƵůĂůŝƉdƌŝďĞƐ
hƉƉĞƌ^ŬĂŐŝƚ/ŶĚŝĂŶdƌŝďĞ
zĂŬĂŵĂEĂƚŝŽŶ>ĂŶĚ
ŶƚĞƌƉƌŝƐĞ
ƉƉĞŶĚŝǆ WĂŐĞϭϰŽĨϭϰ

Appendix C - Political Subdivision List for
Virginia
City/Town Special Distrricts Public K-12 County Public Higher Education State Townships City of Alexandria Accomack-Northampton Transportation District Accomack County Public Schools Accomack County Blue Ridge Community College State of Virginia Township of Green, Ross County City of Bristol Albemarle County Service Authority Albemarle County Public Schools Albemarle County Central Virginia Community College Virginia Department of Behavioral Health and Developmental Services City of Buena Vista Albemarle-Charlottesville Regional Jail Authority Alexandria City Public Schools Alleghany County Christopher Newport University Virginia Department of General Services City of Charlottesville Alexandria Redevelopment and Housing Authority Alleghany County Public Schools Amelia County College of William and Mary Virginia Department of Health City of Chesapeake Appomattox River Water Authority Amelia County Public Schools Amherst County Dabney S. Lancaster Community College Virginia Department of Health Professions City of Colonial Heights Bath County Airport Authority Amherst County Public Schools Appomattox County Danville Community College Virginia Department of Public Works City of Covington Bedford County Economic Development Authority Appomattox County Public Schools Arlington County Eastern Shore Community College City of Danville Bedford Regional Water Authority Arlington Public Schools Augusta County Eastern Virginia Medical School City of Emporia Big Stone Gap Redevelopment and Housing Authority Atlantic Shores Christian Schools Bath County George Mason University City of Fairfax Blacksburg-Christiansburg-VPI Water Authority Augusta County Public Schools Bedford County Germanna Community College City of Falls Church Blacksburg-Virginia Polytechnic Institute Sanitation Authority Bath County Public Schools Bedford County Public Service Authority J. Sargeant Reynolds Community College City of Franklin Blue Ridge Airport Authority Bedford County Public Schools Bland County James Madison University City of Fredericksburg Blue Ridge Crossroads Economic Development Authority Bland County Public Schools Botetourt County John Tyler Community College City of Galax Blue Ridge Regional Jail Authority Botetourt County Public Schools Brunswick County Longwood University City of Hampton Blue Ridge Soil and Water Conservation District Bristol Virginia Public Schools Buchanan County Lord Fairfax Community College City of Harrisonburg Bristol Redevelopment and Housing Authority Brunswick County Public Schools Buchanan County Public Service Authority Massanutten Technical Center City of Hopewell Brookneal-Campbell County Airport Authority Buchanan County Schools Buckingham County Mountain Empire Community College City of Lexington Brunswick County Industrial Development Authority Buckingham County Public Schools Buckingham County Board of Supervisors New College Institute City of Lynchburg Buchanan County Industrial Development Authority Buena Vista City Public Schools Campbell County New River Community College City of Manassas Buena Vista Public Service Authority Campbell County Public Schools Caroline County Norfolk State University City of Manassas Park Campbell County Utilities and Service Authority Caroline County Public Schools Carroll County Northern Virginia Community College City of Martinsville Carroll County Industrial Development Authority Carroll County Public Schools Carroll County Public Service Authority Old Dominion University City of Newport News Carroll-Grayson-Galax Solid Waste Authority Charles City County School District Charles City County Patrick Henry Community College City of Norfolk Castlewood Water and Sewage Authority Charlotte County Public Schools Charlotte County Paul D. Camp Community College City of Norton Central Shenandoah Planning District Commission Charlottesville City Schools Chesterfield County Piedmont Virginia Community College City of Petersburg Central Virginia Regional Jail Authority Chesapeake Public Schools Clarke County Radford University City of Poquoson Central Virginia Waste Management Authority Chesterfield County Public Schools Craig County Rappahannock Community College City of Portsmouth Charlottesville Redevelopment and Housing Authority Clarke County School District Culpeper County Richard Bland College City of Radford Charlottesville-Albemarle Airport Authority Colonial Beach Schools Cumberland County Rowanty Technical Center City of Richmond Chesapeake Airport Authority Colonial Heights Public Schools Dickenson County Southern Virginia Higher Education Center City of Roanoke Chesapeake Bay Bridge and Tunnel District Copper River School District Dinwiddie County Southside Virginia Community College City of Salem Chesapeake Hospital Authority Covington City Public Schools Essex County Southwest Virginia Community College City of Staunton Chesapeake Redevelopment and Housing Authority Craig County Public Schools Fairfax County State Council of Higher Education for Virginia City of Suffolk Coeburn-Norton-Wise Regional Wastewater Authority Culpeper County Public Schools Fauquier County Thomas Nelson Community College City of Virginia Beach Craig-New Castle Solid Waste Authority Cumberland County Public Schools Floyd County Tidewater Community College City of Waynesboro Crater District Area Agency on Aging/Foster Grandparent Program, Inc. Danville Public Schools Fluvanna County University of Mary Washington City of Williamsburg Culpeper Soil and Water Conservation District Dickenson County Public Schools Franklin County University of Virginia City of Winchester Cumberland Plateau Planning District Commission Dinwiddie County Public Schools Frederick County University of Virginia Foundation Town of Abingdon Cumberland Plateau Regional Housing Authority Fairfax County Public Schools Giles County University of Virginia Health System Town of Alberta Cumberland Plateau Regional Waste Management Authority Falls Church City Public Schools Gloucester County University of Virginia, Wise Town of Altavista Danville Redevelopment and Housing Authority Fauquier County Public Schools Goochland County Virginia College Savings Plan Town of Amherst Danville-Pittsylvania County Regional Industrial Facilities Authority Floyd County Public Schools Grayson County Virginia Commonwealth University Town of Appalachia Dickenson County Industrial Development Authority Fluvanna County Public Schools Greene County Virginia Community College System Town of Appomattox Dickenson County Public Service Authority Franklin City Schools Greensville County Virginia Highlands Community College Town of Ashland Dinwiddie Airport and Industrial Authority Franklin County Public Schools Halifax County Virginia Military Institute Town of Bedford Dinwiddie County Water Authority Frederick County Public Schools Hanover County Virginia Polytechnic Institute and State University Town of Berryville District Three Governmental Cooperative Fredericksburg City Public Schools Henrico County Virginia State University Town of Big Stone Gap Dryden Water Authority Galax City Public Schools Henry County Virginia Western Community College Town of Blacksburg Eastern Shore of Virginia Broadband Authority Giles County Public Schools Henry County Public Service Authority Wytheville Community College Town of Bluefield Essex County Industrial Development Authority Gloucester County Public Schools Highland County Town of Boones Mill Fairfax County Economic Development Authority Goochland County Public Schools Isle of Wight County Town of Bowling Green Fairfax County Park Authority Grayson County Public Schools James City County Town of Boyce Fairfax County Redevelopment and Housing Authority Greene County Schools King and Queen County Town of Boydton Fairfax County Water Authority Greensville County Public Schools King George County Town of Bridgewater Fauquier County Water and Sanitation Authority Halifax County Public Schools King George County Service Authority Town of Broadway Floyd County Economic Development Authority Hampton City Schools King William County Town of Brodnax Floyd-Floyd County Public Service Authority Hanover County Public Schools Lancaster County Town of Brookneal Franklin Redevelopment and Housing Authority Harrisonburg City Public Schools Lee County Town of Buchanan Frederick County Sanitation Authority Henrico County Public Schools Loudoun County Town of Burkeville Fredericksburg Stafford Park Authority Henry County Public Schools Louisa County Town of Cape Charles Frederick-Winchester Service Authority Highland County Public Schools Lunenburg County Town of Cedar Bluff Front Royal-Warren County Economic Development Authority Hopewell Public Schools Madison County Town of Charlotte Court House Ft. Monroe Authority Imagine Schools Mathews County Town of Chase City Giles County Public Service Authority Isle of Wight County Schools Mecklenburg County Town of Chatham Greensville County Water and Sewer Authority King and Queen County Public Schools Middlesex County Town of Cheriton Halifax County Industrial Development Authority King George County Public Schools Montgomery County Town of Chilhowie Halifax County Service Authority King William County Public Schools Nelson County Town of Chincoteague Hampton Redevelopment and Housing Authority Lancaster County Public School System New Kent County Town of Christiansburg Hampton Roads Planning District Commission Lee County Public Schools Northampton County Town of Claremont Hampton Roads Regional Jail Authority Lexington City Schools Northumberland County Town of Clarksville Hampton Roads Sanitation District Loudoun County Public Schools Nottoway County Town of Clifton Harrisonburg Redevelopment and Housing Authority Louisa County Public Schools Orange County Town of Clifton Forge Harrisonburg-Rockingham Regional Sewer Authority Lynchburg City Schools Page County Town of Clinchco Headwaters Soil and Water Conservation District Madison County Public Schools Patrick County Town of Clintwood Hopewell Redevelopment and Housing Authority Manassas City Public Schools Pittsylvania County Town of Coeburn James River Water Authority Manassas Park City Schools Pittsylvania County Service Authority Town of Colonial Beach John Flannagan Water Authority Martinsville Public Schools Powhatan County Town of Columbia Joint Public Service Authority Mathews County School District Prince Edward County Town of Courtland Lee County Industrial Development Authority Mecklenburg County Public Schools Prince George County Town of Craigsville Lee County Public Service Authority Middlesex County Public Schools Prince William County Town of Crewe LENOWISCO Planning District Commission Montgomery County Public Schools Prince William County Service Authority Town of Culpeper Lord Fairfax Soil and Water Conservation District Nelson County Public Schools Pulaski County Town of Damascus Loudoun County Sanitation Authority New Kent County Schools Rappahannock County Town of Dayton Louisa County Water Authority Newport News Public Schools Richmond County Town of Dendron Lynchburg Redevelopment and Housing Authority Norfolk Public Schools Roanoke County Town of Dillwyn Marion Redevelopment and Housing Authority Northampton County School District Rockbridge County Town of Drakes Branch Maury Service Authority Northumberland County Public Schools Rockbridge County Public Service Authority Town of Dublin Mecklenburg-Brunswick Regional Airport Authority Norton City Public Schools Rockingham County Town of Dumfries Meherrin River Regional Jail Authority Nottoway County Public Schools Russell County Town of Dungannon Middle Peninsula Regional Airport Authority Orange County Public Schools Scott County Appendix C Page 1 of 2

City/Town Special Distrricts Public K-12 County Public Higher Education State Townships Town of Elkton Montgomery County Public Service Authority Page County Public Schools Scott County Public Service Authority Town of Exmore Montgomery Regional Solid Waste Authority Patrick County Public Schools Shenandoah County Town of Farmville Mt. Rogers Planning District Commission Petersburg City Public Schools Smyth County Town of Fincastle New River Regional Water Authority Pittsylvania County School District Southampton County Town of Floyd New River Resource Authority Poquoson City Public Schools Spotsylvania County Town of Fries New River Valley Planning District Commission Portsmouth Public Schools Stafford County Town of Front Royal New River Valley Regional Jail Authority Powhatan County Public Schools Surry County Town of Gate City Newport News Redevelopment and Housing Authority Prince Edward County Schools Sussex County Town of Glade Spring Nicholas County Solid Waste Authority Prince George County Public Schools Tazewell County Town of Glasgow Norfolk Airport Authority Prince William County Schools Tri-County Lake Administrative Commission Town of Glen Lyn Norfolk Economic Development Authority Pulaski County Public Schools Warren County Town of Gordonsville Norfolk Redevelopment and Housing Authority Radford City Schools Washington County Town of Goshen Northern Neck Planning District Commission Rappahannock County Public Schools Westmoreland County Town of Gretna Northern Virginia Regional Park Authority Richmond City Public Schools Wise County Town of Grottoes Northern Virginia Transportation Authority Richmond County Public Schools Wythe County Town of Halifax Northwestern Regional Jail Authority Roanoke City Public Schools York County Town of Hamilton NRV Regional Water Authority Roanoke County Public Schools Town of Haymarket Pamunkey Regional Jail Authority Rockbridge County Schools Town of Haysi Patrick County Economic Development Authority Rockingham County Public Schools Town of Herndon Pepper's Ferry Regional Wastewater Treatment Authority Russell County Public Schools Town of Hillsville Petersburg Redevelopment and Housing Authority Salem City Schools Town of Honaker Peumansend Creek Regional Jail Authority Scott County Public Schools Town of Hurt Piedmont Soil and Water Conservation District Shenandoah County Public Schools Town of Independence Planning District One Behavioral Health Services Smyth County Public Schools Town of Iron Gate Portsmouth Redevelopment and Housing Authority Southampton County Public Schools Town of Irvington Prince William County Park Authority Spotsylvania County Public Schools Town of Jonesville Pulaski County Public Service Authority Stafford County Public Schools Town of Kenbridge Pulaski County Sewerage Authority Staunton City Schools Town of Keysville Radford Industrial Development Authority Suffolk Public Schools Town of Kilmarnock Randolph County Water, Sewer and Fire Protection Authority Surry County Public Schools Town of La Crosse Rapidan Service Authority Sussex County Public Schools Town of Lawrenceville Rappahannock Regional Jail Authority Tazewell County Public Schools Town of Leesburg Rappahannock-Shenandoah-Warren Regional Jail Authority Virginia Beach City Public Schools Town of Louisa Region 2000 Services Authority Warren County Public Schools Town of Lovettsville Richmond Behavioral Health Authority Washington County School District Town of Luray Richmond Hospital Authority Waynesboro Public Schools Town of Marion Richmond Metropolitan Authority West Point Public Schools Town of Middleburg Richmond Redevelopment and Housing Authority Westmoreland County Public Schools Town of Middletown Richmond Regional Planning District Commission Williamsburg-James City County Public Schools Town of Mineral Rivanna Solid Waste Authority Winchester Public Schools Town of Monterey Rivanna Water and Sewer Authority Wise County Public Schools Town of Montross Riverside Regional Jail Authority Wythe County Public Schools Town of Mt. Jackson Roanoke Redevelopment and Housing Authority York County Public Schools Town of Narrows Roanoke River Service Authority
Town of New Castle Roanoke Valley Broadband Authority
Town of New Market Roanoke Valley Resource Authority
Town of Nickelsville Robert E. Lee Soil and Water Conservation District Town of Occoquan Rockbridge Area Network Authority
Town of Onancock Rockbridge County Solid Waste Authority Town of Orange Russell County Industrial Development Authority Town of Pamplin City Russell County Public Service Authority Town of Parksley Scott County Economic Development Authority Town of Pearisburg Scott County Redevelopment and Housing Authority Town of Pembroke Shenandoah Valley Soil and Water Conservation District Town of Pennington Gap Smyth County Industrial Development Authority Town of Phenix Smyth Washington Regional Industrial Facilities Authority Town of Pocahontas South Central Wastewater Authority
Town of Pound Southeastern Public Service Authority
Town of Pulaski Southside Planning District
Town of Purcellville Southside Regional Jail Authority
Town of Quantico Southwest Regional Recreation Authority Town of Remington Southwest Virginia Regional Jail Authority Town of Rich Creek Suffolk Redevelopment and Housing Authority Town of Richlands Tappahannock-Essex County Airport Authority Town of Ridgeway Tazewell County Airport Authority
Town of Rocky Mount Tazewell County Industrial Development Authority Town of Round Hill Tazewell County Public Service Authority Town of Rural Retreat Tazwell County Public Service Authority Town of Saltville Thomas Jefferson Planning District Commission Town of Scottsville Thomas Jefferson Soil and Water Conservation District Town of Shenandoah Toms Brook-Maurertown Sanitary District Town of Smithfield Upper Occoquan Service Authority
Town of South Boston Valley Municipal Utility District No. 2 Town of South Hill Vint Hill Economic Development Authority Town of St. Paul Virginia Beach Development Authority
Town of Stanley Virginia Commercial Space Flight Authority Town of Stephens City Virginia Highlands Airport Authority Town of Strasburg Virginia Housing Development Authority Town of Stuart Virginia Peninsulas Public Service Authority Town of Tangier Virginia Port Authority
Town of Tappahannock Virginia Resources Authority
Town of Tazewell Virginia Tech/Montgomery Regional Airport Authority Town of Timberville Virginia/Carolina Water Authority
Town of Troutville Virginia's First Regional Industrial Facility Authority Town of Urbanna Washington County Industrial Development Authority Town of Victoria Washington County Service Authority
Town of Vienna Waynesboro Economic Development Authority Town of Vinton Waynesboro Redevelopment and Housing Authority Town of Wakefield West Piedmont Planning District
Town of Warrenton Western Virginia Water Authority
Town of Warsaw Williamsburg Area Transit Authority
Town of Washington Winchester Regional Airport Authority Town of Waverly Wired Road Authority
Town of West Point Wise County Public Service Authority Town of White Stone Wise County Redevelopment and Housing Authority Town of Windsor Woodway Water and Sewer Authority
Town of Wise Wytheville Redevelopment and Housing Authority Town of Woodstock
Town of Wytheville
Appendix C Page 2 of 2

(A)Pursuant to 44 CFR 13.36(i)(1), 6RXUFHZHOO is entitled to exercise all administrative, contractual, or other remediespermitted by law to enforce Vendor’s compliance with the terms of the request for proposal and contract award,including but not limited to those remedies set forth at 44 CFR 13.43. _____________________________________________________________________________________________ Vendor Agrees (YES or NO) Initials of Authorized Representative (B)Pursuant to 44 CFR 13.36(i)(2), 6RXUFHZHOO may terminate the contract award for cause or convenience in accordancewith the procedures set forth in the request for proposal and contract award and those provided by 44 CFR 13.44.
_____________________________________________________________________________________________ Vendor Agrees (YES or NO) Initials of Authorized Representative

&
Pursuant to 44 CFR 13.36(i)(3)-(6)(12), and (13), Ve ndor shall comply with the following federal laws during the term of an award for this contract by 6RXUFHZHOO:

D Executive Order 11246 of September 24, 1965, entitled “Equal Employment Opportunity,” as amended by Executive Order 11375 of October 13, 1967, and as supplemented in Department of Labor (“DOL”) regulations (41 CFR Ch. 60);
E Copeland “Anti-Kickback” Act (18 U.S.C. 874), as supplemented in DO L regulations (29 CFR Part 3); F Davis-Bacon Act (40 U.S.C. 276a-276a-7) as supp lemented by DOL regulations (29 CFR Part 5); G Section 103 and 107 of the Contract Work Hours and Safety Standards Act (40 U.S.C. 327-330) as supplemented by DOL regulations (29 CFR Part 5);
H Section 306 of the Clean Air Act (42 U.S.C. 1857(h), section 508 of the Clean Water Act (33 U.S.C. 1368), Executive Order 11738, and Environmental Protection Agency regulations (40 CFR part 15); and Appendix D
6285&(:(//Ⴉ()RUPHUO\NJPA) AWARDED VENDOR

REQUIRED FEMA TERMS AND CONDITIONS CERTIFICATION
Procurements by 6RXUFHZHOOႩ ()RUPHUO\NJPA) or 6RXUFHZHOO Members utilizing funds under a federal grant or contract funded all or in part by the Federal Emergency Management Agency (FEMA) may be subject to specific federal laws, regulations, and requirements in addition to those under other federal, state and local laws. This may include, but is not limited to, the procurement standards of the Uniform Administrative Requirements for Grants and Cooperative Agreements to State and Local Governments, Title 44 of the Code of Federal Regulations, Part 13 (44 CFR Part 13).

The terms included in this section express Vendors willingness and ability to comply with certain requirements which may be applicable to specific 6RXUFHZHOO Member purchases using FEMA grant or contract dollars. 6RXUFHZHOO Members may also require Proposers to enter into ancillary agreements, in addition to the 6RXUFHZHOO contract’s general terms and conditions, to address a Member’s specific contractual needs, including contract requirements for a procurement using FEMA grants or contracts. 6RXUFHZHOO reserves the right at any time within a contract term to require an awarded Vendor to reaffirm or resubmit proper documentation relating to these requirements.

Note: The numbering and identification contained within this section is only for reference purposes and does not identify any actual Federal designation or location of the rule. Rules are located in 44 CFR Part 13. 1

f. Mandatory standards and policies relating to energy efficiency which are contained in the state energy conservation plan issued in compliance with the Energy Policy and Conservation Act (Pub. L. 94-163, 89 Stat. 871).
_____________________________________________________________________________________________ Vendor Agrees (YES or NO) Initials of Authorized Representative (D) Pursuant to 44 CFR 13.36(i)(7), Vendor shall comply with FEMA requirements and regulations pertaining to reporting, including but not limited to those set forth at 44 CFR 40 and 41. _____________________________________________________________________________________________ Vendor Agrees (YES or NO) Initials of Authorized Representative

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Pursuant to 44 CFR 13.36(i)(8), Vendor agrees to the following provisions regarding patents:

D During the term of an award for this contract by 6RXUFHZHOO, all rights to inventions and/or discoveries thatarise or are developed, in the course of or under this request for proposal and contract award, shall belongto the 6RXUFHZHOO Member and be disposed of in accordance with their policy. 6RXUFHZHOO and 6RXUFHZHOO members, at itsown discretion, may file for patents in connection with all rights to any such inventions and/or discoveries.
_____________________________________________________________________________________________ Vendor Agrees (YES or NO) Initials of Authorized Representative

)
Pursuant to 44 CFR 13.36(i)(9), Vendor agrees to the following provisions, regarding copyrights:

D During the term of an award for this contract by 6RXUFHZHOO, any copyrightable material or inventions, inaccordance with 44 CFR 13.34, FEMA reserves a royalty -free, nonexclusive, and irrevocable license toreproduce, publish or otherwise use, for Federal Government purposes:
(1) The copyright in any work developed under a grant or contract; and (2) Any rights of copyright to which a grantee or a contactor purchases ownership with grant support. _____________________________________________________________________________________________ Vendor Agrees (YES or NO) Initials of Authorized Representative (G)Pursuant to 44 CFR 13.36(i)(10), Vendor shall maintain any books, documents, papers, and records of the Vendor which are directly pertinent to this request for proposal and contract award. At any time during normal business hours and as often as 6RXUFHZHOO or 6RXUFHZHOO Members deems necessary, Vendor shall permit 6RXUFHZHOO or 6RXUFHZHOOMember, FEMA, the Comptroller General of United States, or any of their duly authorized representatives to inspectand photocopy such records for the purpose of making audit, examination, excerpts, and transcriptions
_____________________________________________________________________________________________ Vendor Agrees (YES or NO) Initials of Authorized Representative (H)Pursuant to 44 CFR 13.36(i)(11), Vendor shall retain all re quired records for three years after FEMA or 6RXUFHZHOO or6RXUFHZHOO Members makes final payments and all other pending matters are closed. In addition, Vendor shall complywith record retention requirements set forth in 44 CFR 13.42 Appendix D
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_____________________________________________________________________________________________ Vendor Agrees (YES or NO) Initials of Authorized Representative Vendor agrees to comply with federal, state, and local laws, rules, regulations and ordinances, as applicable. It is further acknowledged that Vendor certifies compliance with provisions, laws, acts, regulations, etc. as noted above.

This certification shall be effective through the term of the Vendor’s 6RXUFHZHOOawarded contract.

Vendor: ___________________________________________________________________ Contract number: ___________________________________________________________________ Category: ___________________________________________________________________ Maturity date: ___________________________________________________________________ Address: ___________________________________________________________________ City, state, zip code: ___________________________________________________________________ Phone number: ___________________________________________________________________ Printed name and title of
authorized representative: ___________________________________________________________________ Signature of authorized
representative: ___________________________________________________________________ Date: ___________________________________________________________________ Appendix D
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Pursuant to 44 CFR 13.36(i)(3)-(6)(12), and (13), Ve ndor shall comply with the following federal laws during the term of an award for this contract by 6RXUFHZHOO:

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Pursuant to 44 CFR 13.36(i)(8), Vendor agrees to the following provisions regarding patents:

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Pursuant to 44 CFR 13.36(i)(9), Vendor agrees to the following provisions, regarding copyrights:

This certification shall be effective through the term of the Vendor’s 6RXUFHZHOOawarded contract.

EXHIBIT C

City’s Insurance and Indemnity

Exhibit C

Insurance and Indemnity

INDEMNIFICATION

To the furthest extent allowed by law, VENDOR shall indemnify, CITY and each of its officers, officials, employees, agents and volunteers from third-party loss, liability, fines, penalties, forfeitures, costs and damages (whether in contract, tort or strict liability, including but not limited to personal injury, death at any time and property damage) and from third-party claims, demands and actions in law or equity (including reasonable attorney's fees, litigation expenses and cost to enforce this agreement), (collectively, “Claims”), to the extent VENDOR is found liable for such Claims arising out of performance of this Contract. VENDOR'S obligations under the preceding sentence shall not apply to any Claims to the extent caused by the negligence, or the willful misconduct, of CITY or any of its officers, officials, employees, agents or volunteers.

If VENDOR should subcontract all or any portion of the work to be performed under this Contract, VENDOR shall require each subcontractor to indemnify, hold harmless and defend CITY and each of its officers, officials, employees, agents and volunteers in accordance with the terms of the preceding paragraph.

This section shall survive termination or expiration of this Contract.

INSURANCE REQUIREMENTS

(a) Throughout the life of this Agreement, VENDOR shall pay for and maintain in full force and effect all insurance as required herein with an insurance company(ies) either (i) admitted by the California Insurance Commissioner to do business in the State of California and rated no less than “A-VII” in the Best’s Insurance Rating Guide, or (ii) as may be authorized in writing by CITY'S Risk Manager or his/her designee at any time and in his/her sole discretion. The required policies of insurance as stated herein shall maintain limits of liability of not less than those amounts stated therein. However, the insurance limits available to CITY, its officers, officials, employees, agents and volunteers as additional insureds, shall be the greater of the minimum limits specified therein or the full limit of any insurance proceeds to the named insured.

(b) If at any time during the life of the Agreement or any extension, VENDOR or any of its subcontractors fail to maintain any required insurance in full force and effect, all services and work under this Agreement shall be discontinued immediately, and all payments due or that become due to VENDOR shall be withheld until notice is received by CITY that the required insurance has been restored to full force and effect and that the premiums therefore have been paid for a period satisfactory to CITY. Any failure to maintain the required insurance shall be sufficient cause for CITY to terminate this Agreement. No action taken by CITY pursuant to this section shall in any way relieve VENDOR of its responsibilities under this Agreement. The phrase “fail to maintain any required insurance” shall include, without limitation, notification received by CITY that an insurer has commenced proceedings, or has had proceedings commenced against it, indicating that the insurer is insolvent.

(c) The fact that insurance is obtained by VENDOR shall not be deemed to release or diminish the liability of VENDOR, including, without limitation, liability under the indemnity provisions of this Agreement. The duty to indemnify CITY shall apply to all claims and liability regardless of whether any insurance policies are applicable. The policy limits do not act as a limitation upon the amount of indemnification to be provided by VENDOR. Approval or purchase of any insurance contracts or policies shall in no way relieve from liability nor limit the liability of VENDOR, vendors, suppliers, invitees, contractors, sub-contractors, subcontractors, or anyone employed directly or indirectly by any of them.

If the scope of work includes delivery and/or installation, the requirements below apply in addition to the above requirements.

Coverage shall be at least as broad as:

1. The most current version of Insurance Services Office (ISO) Commercial General Liability Coverage Form CG 00 01, providing liability coverage arising out of your business operations. The Commercial General Liability policy shall be written on an occurrence form and shall provide coverage for “bodily injury,” “property damage” and “personal and advertising injury” with coverage for premises and operations (including the use of owned and non-owned equipment), products and completed operations, and contractual liability (including, without limitation, indemnity obligations under the Agreement) with limits of liability not less than those set forth under “Minimum Limits of Insurance.”

2. The most current version of ISO *Commercial Auto Coverage Form CA 00 01, providing liability coverage arising out of the ownership, maintenance or use of automobiles in the course of your business operations. The Automobile Policy shall be written on an occurrence form and shall provide coverage for all owned, hired, and non- owned automobiles or other licensed vehicles (Code 1- Any Auto).

3. Workers’ Compensation insurance as required by the State of California and Employer’s Liability Insurance.

MINIMUM LIMITS OF INSURANCE

VENDOR shall procure and maintain for the duration of the contract, and for 5 years thereafter, insurance with limits of liability not less than those set forth below. However, insurance limits available to CITY, its officers, officials, employees, agents and volunteers as additional insureds, shall be the greater of the minimum limits specified herein or the full limit of any insurance proceeds available to the named insured:

1. COMMERCIAL GENERAL LIABILITY
(i) $1,000,000 per occurrence for bodily injury and property damage; (ii) $1,000,000 per occurrence for personal and advertising injury; (iii) $2,000,000 aggregate for produc ts and completed operations; and, (iv) $2,000,000 general aggregate applying separately to the work performed under the Agreement.

2. COMMERCIAL AUTOMOBILE LIABILITY
$1,000,000 per accident for bodily injury and property damage.

3. Workers’ Compensation Insurance as required by the State of California with statutory limits and EMPLOYER’S LIABILITY with limits of liability not less than:
(i) $1,000,000 each accident for bodily injury;
(ii) $1,000,000 disease each employee; and,
(iii) $1,000,000 disease policy limit.

UMBRELLA OR EXCESS INSURANCE

In the event VENDOR purchases an Umbrella or Excess insurance policy(ies) to meet the “Minimum Limits of Insurance,” this insurance policy(ies) shall “follow form” and afford no less coverage than the primary insurance policy(ies). In addition, such Umbrella or Excess insurance policy(ies) shall also apply on a primary and non- contributory basis for the benefit of the CITY, its officers, officials, employees, agents and volunteers.

DEDUCTIBLES AND SELF-INSURED RETENTIONS

VENDOR shall be responsible for payment of any deductibles contained in any insurance policy(ies) required herein and VENDOR shall also be responsible for payment of any self-insured retentions.

OTHER INSURANCE PROVISIONS/ENDORSEMENTS

(i) All policies of insurance required herein shall be endorsed to provide that the coverage shall not be cancelled, non-renewed, reduced in coverage or in limits except after thirty (30) calendar days written notice has been given to CITY, except ten (10) days for nonpayment of premium. VENDOR is also responsible for providing written notice to the CITY under the same terms and conditions. Upon issuance by the insurer, broker, or agent of a notice of cancellation, non-renewal, or reduction in coverage or in limits, VENDOR shall furnish CITY with a new certificate and applicable endorsements for such policy(ies). In the event any policy is due to expire during the work to be performed for CITY, VENDOR shall provide a new certificate, and applicable endorsements, evidencing renewal of such policy not less than fifteen (15) calendar days prior to the expiration date of the expiring policy. (ii) The Commercial General and Automobile Liability insurance policies shall be written on an occurrence form.
(iii) The Commercial General and Automobile Liability insurance policies shall be endorsed to name City, its officers, officials, agents, employees and volunteers as an additional insured all ongoing and completed operations. Additional Insured endorsements under the General Liability policy must be as broad as that contained in ISO Forms: GC 20 10 11 85 or both CG 20 10 & CG 20 37.
(iv) The Commercial General and Automobile Liability insurance shall contain, or be endorsed to contain, that VENDOR’S insurance shall be primary to and require no

contribution from the City. Primary and Non Contributory language under the General Liability policy must be as broad as that contained in ISO Form CG 20 01 04 13. These coverages shall contain no special limitations on the scope of protection afforded to City, its officers, officials, employees, agents and volunteers. (v) Should any of these policies provide that the defense costs are paid within the Limits of Liability, thereby reducing the available limits by defense costs, then the requirement for the Limits of Liability of these polices will be twice the above stated limits.
(vi) All insurance policies required herein shall contain, or be endorsed to contain, a waiver of subrogation as to CITY, its officers, officials, agents, employees and volunteers.

PROVIDING OF DOCUMENTS

VENDOR shall furnish CITY with all certificate(s) and applicable endorsements effecting coverage required herein. All certificates and applicable endorsements are to be received and approved by the CITY’S Risk Manager or his/her designee prior to CITY’S execution of the Agreement and before work commences. All non-ISO endorsements amending policy coverage shall be executed by a licensed and authorized agent or broker. Upon request of CITY, VENDOR shall immediately furnish CITY with a complete copy of any insurance policy required under this Agreement, including all endorsements, with said copy certified by the underwriter to be a true and correct copy of the original policy. This requirement shall survive expiration or termination of this Agreement. All subcontractors working under the direction of VENDOR shall also be required to provide all documents noted herein.

SUBCONTRACTORS

If VENDOR subcontracts any or all of the services to be performed under this Agreement, VENDOR shall require, at the discretion of the CITY Risk Manager or designee, subcontractor(s) to enter into a separate Side Agreement with the City to provide required indemnification and insurance protection. Any required Side Agreement(s) and associated insurance documents for the subcontractor must be reviewed and preapproved by CITY Risk Manager or designee. If no Side Agreement is required, VENDOR will be solely responsible for ensuring that it’s subcontractors maintain insurance coverage at levels no less than those required by applicable law and is customary in the relevant industry.

Fresno City CouncilJune 12, 2025

Fresno City Council
June 12, 2025