Electronics Workbench Circuit File
Version: 5
Charset: ANSI
Description: 
"" 

EncryptionType: 2
UsingVectorGraphics: 0
/000@D0I0?4D<DHI@3078;L=8?@A404D8@4@8GD7L80@030B88HIHC078=4M040542
<@H9@34G4MHE0?D?<B8G0D4K<2@6L<4K0980DE<IDC0B<LHAD3<20=480J@A024:<
98=0?4N<DHADB4F0BDN88H=HK8H0B@EH:8=418K@>8BLHH9@C8F4J8BDD<MDC4;8?
L=45<I8I43<20:880A0L04888A8B0545D<8L@I0B4D<LDL<LHA0L@D8GDEDJ<3@K4
KL<LI0E<385H<8I04@182@G44<LHA<B@68><M0:HI0:8?0FLG4F@64L4JL3H4L<4K
8B@9D288LK0G@24;<HH80<8M82<54E<38D0@@C46<6LDD64?DC<8H0L=D?8A@J4H4
@D1<3@74=LIHI0ED5@B0@D20K<E8=D:HK468:@2<L<O4KH18H04H1@CH40=@I<9<3
8B0E@K83@CHK05DH8<DAL9@;4?@3<4L=LD06HHH1D;D?@JL=81<8<LHA43<6H?4:4
A83414:<@L1DCDG450=DDHJ@24A<J8H<=884:4DL5@:8E44H=L9<7L@8G<3<8<4@I
D3@G0509D@H0@CD7HB4C@2L8H5HC82LB8G0C4A<<0J470ID5HGH0L2@449LL0DH5H
B<=D1H84C@48NDE@>4NDBLAH306@ML1<I<B4><M0E<<<K460944<8H=H>4I4A<88N
09@6L4@C4O<DDGHO4<8983478>@K<78I<<@90L@680@IDC<6@<<4<LD:860><;LH0
8@7L>8G45<=<DHH014;<?<:0H8C@544<8@IH;8C@OHC86H9HIH;<H@HHNH<0D0<@6
@:<0<4H6LFHM<O8B8D03<0L;8IDIH90AH:L4HH@H<:LH07L$000@80@0O@L04@9@C
<6840D@@020>4@<8H1@24403850>@IL1L:0H8I0D4L<D@9H3<20=480J@@0A4=D;<
?<><80I0J424H<0HA0306D80F@O@64D<=@7<6480I0@004N<<<;<<D:HH0=@I0IDH
HH0>0K4K@G<6H1@0H1H2070?DA484N<N8?D74<0DHBLI@:@M@A<M4>864=HJ820O8
N8E0I43<68<DK0J86H?<949LF81D<@G0J444H<A41@C4GDM0FH8DF@=<H4;L1H;@2
HE4F8N4N0>H00K4=HF<=@L@K@:<6@<@I@O@286<ML;<L@E0=4><L@=@?09@4HN<IH
6HL<2<C88D@4LH5D:<0@<H9@>HN<6H6<<HI@B@9<1HC@64<LKD;L645D1LGDHHNL<
<1@6<0<DH;@<0DHDLC@A4CHCL4D:@?<>0CLIDB@CH9DB8146DJDDDED@L60=@D4D<
M8MD7<GLH4F@AL648LE8?<GDA<N4E4IDHDN@J46L:0<4N0<<0LB8A@5H3<50>8I8C
054K<LL<H9@C4G4:8B4J0=D6@3L2<K4D@3DB8G064N<FH5478<8E8DDK42@64ND00
@<0HAH386L=@HHLL;@=H18C86L>LC@CH50L03L$000@LH@0900<080HA00H1880@0
I@H4I03<6L>@LHJ8K<;H?8MH<4288H9@34FHL@3LJ<G<HL94C06H<D8090044448A
0C@6@<4K0A0H@FDC8B88H=L@<I<;LA<306D>4=DE0L@@4:<2HLLM<3@@HG@<4N<8H
MH;D<8K0G024F<1L4LDH;4;L<8JDL@1D;4M0?8I84H4@7@ADM89D78G8B8FHG@G07
4A<58@<4H<4K@J@5DCDO02@@8J@D4N<6HLHHLFLA@34I0L89<94544<LL=D@<I8L8
E<9DD4B<@H5D<84@8@I8F054A<5L5H1HBD9DJ4O8=<:<BH<0>4H89494K@I@D44<D
L=H?8D<;80H983074>@C@JHNL64<<701LI8K<548LHLI@7D2<@<8H1HC@=DJ@D044
2<H4GLB48@3<G0N0HDA464ND>4D@5D8@KHG0>DH@1DE@20605<8@9H3@:L;414H<D
H=HH44L8L<LE4D4>4F<I@LH:02<BLD8=4E0A8K<E8ADI<<8L8B@G4FLK83H6D1@2@
48DDA@C44@8@800@044488I81@C430I88@40:@4H>49@AD54>@H8J0E4A<@DFH40D
4143<6L=0@8B@4H04OL$000@80@0B@@<B@68<HB82004240@@@10546<<HA000J48
044NLM49<E@C8G@44:<@HADB<60=DI8JH<H;D<<=89@D42<@H9HCD7440J8@0@094
C<J8=@@HG@=40<BL>HK49<<H084DA@3@789HM8F@7DBLC0C05H=LLHD@D4B<LHADK
<8HM4C0?4D<306@<0L000>40<0L9DF8@8BD60=@M8BH3H7478=8@0D0>4F<C@LL:0
2<BLD8CD:8HD=DJDMH083D6494:LK8;<=DALC8=0A0N47H9H2<60@40L9DH@@0442
<<<<4F0J<8H9@L0803<64=@L05@E0=@48=<88@H1<C460=868ED<0I824;8C8A8B4
2<70J02@1@3@7080K0D0A41@2L>08894J<@0?L$000@80@0N@<4I0C<6H=DKHG004
J480D4O@80M@4DKL7D:8I8C094880@8@202048D@H@H044B8M@J@BL;06D?48<DH1
@3<4L<4K8B@EDIDG8HHJ@C0884L1@CD78><80D@0404B<6HDDK4MH3<G0F@5<HH2L
:0H8I0D4L<D@9HK<><A4A4M4N8<H9H3878=4>L9H383D6<=L2@F<2@L0=@8<8H9@4
8L83H5<<4K0J@5D;D>8>@J@0044H<@DI@?DK4:<2<BLD@3D:<HD=D:DMLHHA<H@>@
14C0D@G<D4D45D3474@40@=DH4;@;<60=@L08@JD2H9H:0J<JH9D4088;<68?<84;
0K<H000M@E@5@3@70O<>8I0I0A4E8DD30603<1HO00L$000@<0@0M@E404480HA00
H1880@0J@8<B<6L<@I8F0E4L84H1DCD7440J8M09@5<C0>84@981@?4J<DHID3<FL
<@@<GDL@G<8L98346<94A0@0100888@@2@346H8@B8CDO8L80<>428DH9DK4K8E@=
<9@AD54>@H8J0E4G<CLI4N0=4FHO<0H5HMDA8N40DB@60>8M070E4J<NH;@642H@8
N8<H=HL4B0>HLL2H9H6<=L4@0<8H1@3@40=HK0D094:HF028@H9DKDJ84<>LD<L00
014CL@H<8889L0<6@H4:<0<74<4J0<0<DHDE024F<MD083@:<B46DA06D7<F@>D6@
L@A42<4L6H>0D8M<3<G@1@240<0H9H:06@HH9D=0344<A4C<74>@L@2H:H<DK@J0@
DIL906<F48H2H@<I05@H@>02H1@64>8K0@@<HI@2@GH08OH04$000@80@00004LDI
D3@20=4>@I@00040<8@1@346L>0FH84L<0H1D201D2@KHO08<;L3H1D?4J<0H5HMD
F8BLCHIL5DA@3@789HM8F@ED2H207464;D5<5D1DCD6@=LK@988@74=8FH@<L<4HD
H@0BD60=@M8B@04448L8LI@G<2<;DC8G@44:<@H9D2DFL6D3@6L<8;<ML@4FHDL9L
6@H@?0F@8L98346<94A0@0100888H@B04L9HC@K@G044B8=@9HEDK46<@D9H3078>
DALC<A@34O88HC0B42<5@AD@00<4LC038448H1HC83<H84H5038@84HM030484H1@
@H=@801@3070>0@0E0242<<<8L6H8@ID08I8@DI@ODK0:<2<BL48IHL0=40D:<AHB
0J8A4B@C060<0E@0<>428DH=DE4B0;8JLC0C8B0<H>HH07L$000@2@@000E40L50=
LLHD@D4B<LHAD3<20=4>@I@00040<8@A@3@6@K<I8644<0LA0@HF@@8BD60=@M8B@
04448L8LI@K<2<;DC8G@44:<@H9D2DFL6D6HNLC@F4ED@HG@=4J<NH10A40H?<I4>
LALB@68<HB82004240@@@A0449LC@70H4B48<4@K4E@5LF4C8884L1@CDG8HL9DHH
9@G<3L00;@K82D2<34B@60>8M070E4J<NH;@>0<8G8<81D440<0HI@O8A4244<4HD
H4@30340<4HM0C03HH<O<10M@608<<H;<64=0@84<;<K@0@3D<<L8E@A0<8B0346@
6L90ADC840<LJ0N8N84DAD3<70>DM088H8F07D=DGHJ0@48<8L9H246H<DK84H0DD
4?<H@9<9@9@OHND<L@H9DC06<><N4K0K@C06@;LHHBH5@F8@D5<7HN48HG4B4B<2H
JL2DG8J@1HO00L$000@K@@090D<<<0H103040<HL@=@4LHH1@3<74806@:00008D@
3HE@@@<4:<DL1@107478<8KHCHM0J8L@1DC468=@E8G0948<<LMH74<<;<1D?4J<D
HID3<FL<@@<GDL@G<8L98346<94A0@0100888H@B04L9HC@L0F044B8=@JHBL;09D
D42<@H9HKDL<4H<<DHKD1L005HMDA8A41@983074>@C@J@=4?<EH301<80?46<FL7
0DD?4I<@HA0:40<4L?038D<4HE0384<0LID30D<4H5038<<4HG0F8=LA@:44<4H50
384<4HM0300<4L7@HHD0B4F<?HK<E0<42<H@A@14O00L$000@800@044408@H1020
1D2@@000E4@LGHH@=818CD60>@M8I@04B40H0@9@K8CL>H3<N8DH1D;@K8<D5LC43
LB@60>8M070E4J<NH;@>8<8G8G@C4B<@H9HC86L=H3<DD<<LHI4HDH064F<5D3@6H
642DE@@@<4:<DL1@107478<8B8D4NL6@?48<DH1@C<58=H=<?@ILL8;<ML@DFH8L9
06@H@?0FD8L98346<94A0HH=@8<CH70>4>80<4LM030084L7@@H@064F<?H>8K0H@
K024A@1@14E8=@<0><IHD<442<2@74IL4HC038048L9DJ06@889D=03444A4C<74>
@L@2H2H<DK@J0@DIL7068F4HH2D8<I@A0@40<4@L03L$000@>8H0H004D8@408204
0><M0I<D<44=LK8H0DD;DNHJ8><1LB@60>8M070E4J<0H8@38207464;DKHI@948<
4LID3<FLADJ8640<0@1@206L>8FH@<0<4LDH@0BD60=@M8B@04448L8LI@G<2<;DC
8G@44:<@H9D2DFL6D6@NLA@F4EDNL80K<J<4L38<87@K84<DDA@C44@8@800@0444
<8I02<4L9H=8H@20946HDLJHM@C4884L1@CDG8HL9DHH9@G<2DH48<2L1H@<7014J
<FH3090ED0084C@0@<4N8L@A0AH6L>0C<0L2L2<4@KH>070<8L0M@D<A4647@F@9D
2@8@A89@>@F<205D2@H8HHMDC0NHNH44K<LH0H9DC@18<4J858<@C4HLHH9DJ0<@3
HC0J0<8;H903<444LAHDDH4I8A0LD2H>@A@202<3HJ01DO00L$000@<0L000@40<8
L1H201D2@@000E40L5<<4K0J@540<88AHAH3840<8@0@0O464;LD8;<B<6L<@I8F0
E4L84H1DCD7440J8J8B874284D@HG@=4J<LHAD;<F8H4;HN8KD4<DDA@C44@8@800
@044488A8A@3848I49H?DN4@47014J<FH6@94ED=<9@AD54>@H8J0E4G<CLI4N0=4
6H8DN0J0KD9L>0=4<<A@;L74ED409H@860?4>88@HL3<G0ID@<A<A40LI8C<G4@D9
HK8=D;8M0IDA@5H>0EHB8C830BDL8>@2<2<=8@H1<484D4HG8L4A02H18<424A@A@
J<H@1DC8G0E@<4J8583@C8@0288H1H3D4L>DK8CH1<9H;0>@>@F<@0MDH<A454I0N
@AHJD4LF@6D0L2<;DL<D0<@68346H6LK41DC4H0C4I464G0A06L;41@3074K<D844
2<2430H<<H>HH07L$000@806@:00008D@3H@HG@=4J<LHAD;<F8H4;HN8KD4<DDA@
C44@8@800@0444<8I02<4L9H=HJ020946HM<9<E@DHJ0148<DLIH3@20=480H0D@O
D=4NL0<@09<G<<848@<288H1H3D4L>DK8CH9<9H9@BL6L><J8J094G<3<J8M0C0?4
>864=@K0=@A<@H9@9@0D5<<4K0J@540<88AHAHC0<@M07D9DKHB054H<DHA8K<38K
LF<O0JH:064H@9@J064H@9@C0A@240<0LID@8AL8H9DB06<8H9D=0F0<D9LC<5L>@
L0J0B4:<@@9DC4FHI49<98A@3@;H<0<8F8EL5L6<=@H8C@8DI84@IDBLF4DDAH=@2
48H=4L<8H9H;8;@:LM0:<14AHC8MDH@B0B42<2@E48@4HC0H83L3<6884H8B0@0?L
$000@80@0N@<41LA00H18<DOD8498346<94A0@0100888H@B04L9HC@K@A044B8=@
JHBL;09DD42<@H9HCD7440J8@0@094O<J<=H8<KHF@@49<G<<848@<288H1H3D4L>
DK8CH9<9H9@BL6L><J8J094N<HH=DD<>@I@7@G43064<8FH2D8<8H9H9@145<<4K0
J@540<88AHAHC0<@N07D9DKHB054H<DHA8K<M8K@G<O0JH?<D8MD64281D<4680H9
@J064@H9@;0A@84<<0HIHAD><2<:<B41DG4GH=88HE<6030FLOH=<0H4HJ@A@<D2D
0HNH>H?@9HH8F@5D8<:8M<2H:<2<9D@<7D94K@JH1HC@F89LK@J0C4N8DHAHC@64<
DJLL<?4J4544<<L5H3@KH106<2HCL=0;86@14><FH40HL3470;DD0D0146<>LMDL8
E<B4946<@LIH3<4<64:4:8642<2<64JDHHH8B@A89@D@:@<@D8DH482<64:D58;LA
0J02D9H30M458@H9DB08<>H0@4@0HO@0<$000@80@0J@H<2@78<4M0J@C40<481D1
030403850J@2H?D?46@L@9D3<G0F@I<;H?8MH@4288H1H3D4L>DK8CH9<9H9@BL6L
><J8J094N<HH=DD<>@I@7@G43064=HFH8D8<4HDH@8BD60=@M8B@04448L8L9@68N
@CH4H=LI0B@<4:<HD=DADML;4?@M<GDJ0NH10A4@H30ELNH9054<<4H1424208480
A030N8H@A4B<346<8@B8IDE48DD4=@10C@F030488LIHO8E0@42<<<8<6068089@J
064;49DC070ALLH<HF<A4L4?@=0;<4L989D>@1<7<5H4L<4K8B@EDN<G8B4L48H@L
1@4L68<@NH<8A8@<2<:HH4I0K4:H1DC@D0A0JDL0H<MH6034@88HI@FH=@J0D@2D0
4OL$000@80@000<44D1@C<78<D80I0J4240<0@1@201D2@KHJ0@L4H=LI0B@<4:<H
D9D3878><80D@HDFL38N8DH9DC<6L=HI40H?<I4>LALB@68<HB82004240@@@A044
9LC@70F4B48<4@K4E@5LF4C8884L1@CDG8HL9DHH9@G<3L00;@K82D2<34B@60>8M
070E4J<NH;@>8<8G8G@C4;<C@J8MHHH<864N<L@<8J0A0K4:H1@3070644D84I<30
6H84JL3074H4J4206@84JL206L=0@8D844<H@8E844=8=H10C@L0I05H68:41@14O
00L$000@80@0I@<418CD60>@M8I@04B40H0@1@201D2@=8A<GH7@38N8DH1D;@K8<
D5L7DNL80144<@LAHB<78=DIL4D4LDHI<C<74=4M0D@?4L<FH:478<HCH;@1@3864
K<H8@42<:<H498306H>DI8@0B0D<4<4H34?89LB<6L<@I8F0E4L8FHHHNL5@GHND;
H=0?<@@8@8<A@:L?<D@B@64B<@@10A040408@1@?4L8H@A4AD3048I4LHJ@D8:06H
8@9DC01@;4A0@4G0442<<<90=0;<5@=88DD<;<K4B47414J<DH=@=DJH:DK8JHH8F
0HD2@0H5LL<L@F0144HHHC414F8HHC4142<<HL0@0;47L64<0H0A014>830:82<0H
KDD<34F0DLID2L78>0M0I054H8DH9@;<BD:L1@5L6864K4JLBL346H<4IH48<DB8L
HI<K0:88LFH10D<F@>41<O00L$000@L@D@04440L0@1@201D2@@000C48<;L3H1D?
4J<0H5HMDF8BLCH?<D0@@B48<HL94CD6H40=<5H4LDHI<C<74=4M0D@?4L<FH:478
<HCH;@1@3<6HK<A8444<4LDH@@BD60=@M8B@5D0L78<8B8H4NL6@?48<DH1@C<58=
HE<<<MH;4<<;<MLA4FHHL906@H@?0FH8L98346<94A0@0100888H@B04L9HC@K0E0
44B8=@9HEDK86<@D9H3078>DAL3<?8HHE014B<64<HL0=@0<4HIHC0J0FH;8B@C@M
0:H>H;@9HH8F@54;<LL>DB<FHFD60=@64@DH4I4706L=DC@C440<8C@306484JH80
64<460>00<<8L0B0;4:0L@A0<42<1D6<=8KHGHC@NLJ@H@LD1L=DED90B4442<<HE
D@8@<0H>4M@0<LD5DL03L$000@LHD@D4B<LHAD3<20=4>@I@00040<8@A@3868=0F
H240<8H1D201D2@@000E40L5<<4K0J@540<88AHAHC0NL4LG86@?48<DH1@C<58=H
E<<<MH;4<<;<1D?4J<DHMD64281DNHB8ML3H54<DI@4@4408481010B4LDMH9<3D7
048I4;H?DA4JD2@78<4M0J@7D=8;@8@=DGHJ0@48<8L9H246H<DK84HG<449LC@70
F4>4H<1<9@9@A8ND<8@H9DC0F<90O4D@O468FHL@B05D3@:4K8G0B4B<2HJLBD?8>
8A<H0DD;D642H@0288H1H3D4L>DK83HH@A@C@C06H=LB44@<@H<4HM0944LHH2L68
=LMHG0@DEHB@>00844:8D8G4B@=H@8CLB@>4C8@@A@8@D@I@C0L44D4H:048@D306
0J4@450L03L$000@<0@0=0D0000@907D6@?48<DH1@C<58=HJ8J0C40<48ADAH304
064ED@HG@=4J<LHAD;<F8H4;HN8KD4<DDA@C44@8@800@0444@80H1HB4<@D<GHH@
=818CD60>@M83H5L5HBH6H;LM0H0D44<DL10C<68=DB<BLB@3468G@H@H@<@;L;L<
HK0@@74A<B@94C85L<<9<3D3420>8:4K8G0B4B<2HJLBDO8?LK<H4DD;D64FH@828
8H1H3D4L>DI<>0IDHDA0A4=4N<<H9H3878=4JL84383D6<9LGL<46H>07HB4B42<6
@2@2HFD:8J4BDMHI0C@@@=4:<FH6HM<58=D=<<4K0<818D<943<488HHH;02DHD80
64K<MHD<A454<4FD1@J@5D=D>8N4HH@@FHMH@H7@>4L8H@0H9@90:07L8@A@642<5
H@<I0D034BHE014>80HD4>42<C8>080HH9D60@<@<@0?L$000@80@0M@K40<D8@4H
8?@><@0288H1H3D4L>DK8@0900<<88H9H9@C<6L><J8J094N<HH=DL<>@I@00040<
8@1@3460=0<H:8B<5@<44D1@C<78<D80I0J424N<OH8@BL4H=LI0B@<4:<HD=D>DI
@7D=<=@E<44=LK8F@7D8HD844HHG<7D:8I8C094880@8@202048=0K020946HM89<
E@DHJ0148<DLMHN4L8<8=4N<@D1H3@78>8A8F054J<6H?494B4B4H<1<9@9@NHND<
D@H9DC0F<90C4D@O468FHJ@B45DH850=DK@I094A<M<98ODGLMDL0J8EHI0B8@@94
1864>8FH2DF<@@<898@8B42@@H7@>4L8D@0H9H90902D48HH@@A4=8>8K0D004088
L9HJ0D<B838;LKHH014;<9@K<E48<2LD8:@<LH<9<9@60DH?8C04@@D><10B02<;@
407LL03L$000@80@0L@@<B@68<HB82004240@@@10386@8@@0=0D0B0K<N@4D:H:<
M0@@D4:<<L1HA06@40<0B8ODK8?@D40<@LAHC@48=@I8F@9D;H:8<@K0N0082<B<?
D?DC4<42<LH5@:84H=4GHA@?4L<@H1@10G450=DK@I094A<M<98OD6LL@9D3<G0F@
I<;H682L50<4L@J0>4:8FL1@JLK@A@C@C06H=LLHD@D4B<FH7@6H9HHLI@J<F<@4@
<0HA03@60=8B80DE@@@<4:<DL=@G4J<242<LLAD4H=LI0B@<4:<HD=D1D=L9L?@M<
GDJ0NHN@A4@H30EL<84@602<B82830N8H@A4B<3860H4;43868<4B40@1D3<7080I
@E0A414C@4D;47L5D<8J@G@889@304@;@AL2D0L2<=828F<18@<H@3DCLB<60=DI<
C0J@G8HDJ@8@2DBH4@=H=<0L9HK44L=HM09@?4:<8LIHC0F8M<N4G@M0B@B46<2L1
H=L@@34A<9L6@5DC8@@74G<G0640H9H2L50=0H8I@54A<LLLL3H68=4LHJ0?4<<4@
4H9858<H<848DHK8;0C0:8B4A4B@A89@J@:@<@48DH98LDA<80JL@0?L$000@80@0
I@<41LA00H18NDK@0<4DA@3@789HM8F@04B40H0@9H9@BL6L><J8J094N<HH=DD<>
@I@00040<0@1DC<ND440<4LDH@0BD60=@M8B@04448L8LI@G<2<;DC8G@44:<@H9D
2DFL6D6@NLA@F4ED@HG@=4J<NHN@A4@H30ALNH9054<<4H1424208480A0@044B8M
@J<BL;09DD42<@H9HKDD<4D4<DDKDAL1<5HMDA8=@F83474<464;<A@3874=0FH64
0<8L9DB06<3L1D30;LKHJ@D40<FL3<28HHMD=4N<FD:HM0I054H8DH9@K<4@44>@E
L?0C4A4I4GLOHI@F014><2H54BL6@;LHHBH7@F8@D6<983<6L>8J8L8G8888@:864
<4B0>80<<8L0B0@40<H@AD3<6@J44@:@N<NHLDG@DL4H5H?L=0A<80A89@C@DH949
47<684L<4K8BH44E4>DADE414;DN8@H0L2HI4@004F<?H=@L08@J@40K0H<<HH07L
$000@@HG@=40<0L8@0<0D4080LHF0BLCH?<D0@@B48<HL94CD6H40J8@0A0242<J<
LHIDC@6@>@J8G@>4K<703D6<80H0=@C0AD347080J@G0B4B<E@J0L@1DC468=@E8G
0EDC<G4JLE@44C0<@M<0<=<?<JH8@8<A@1L?<D@B@64B<@@10A040408@8@H444B8
=@J@2L3LBLB<60=DI8JH?4KDD@=D5D1@;<9@D454>@H8J0E4G<;L94?LJ8G@44=@C
@C<3<HL@H9@20649H1@C040=<D0C430I<4830100LI@O8G4;4J0B82DE@BH@4G8DD
9D5HKHC0J0JHKD1@C<M0?88L6<?L9LC<5L>@L0J0B4:<@@9DC4FHI49<A8A@34;H>
468EL5L6<=@H8C@8DI84@IDBLF4DDAH=@248H=4L<8H9H;8;@:L60B0H8IDDD200<
HH1DC8<04LA4C4B0B@8@B@3@;H<@A00@O@0<$000@806@:00008D@3HK8?@64H<4H
I@C47440J8@0@0A4M<B8LHI<C06L=HI0@0B0A<J8HHADC@F@G05H?D?46@L@9D3<G
0F@I<;H682L50<4L@J0>4:8DLMD84I@I0A4=4N<<H9H3878=4I<<<L<>@I@7@GD30
6L<0JHAL1D3<6@I418:HH8F0E4:<FH3@M0A0A4N<90B<6L<@I8F0E4L8FHHHFL54G
HNDCH=0?<@@8@8<A@<L?<D@B@64B<@@10A040408@I@@044B8=@9@EDK06<@D9H30
78>DB46@8H0L1H3D748DK0B@=4C<G@D8L0N0482<B<7<:040@43070=0@0E0:42<2
<7@3094800H9D90988098A@3@;H<8083L:8@0840<@@1D306DH49H186<4458@DC<
B0BD48L03L$000@GHG0B4B<0H@@3@2060806@:00008<@1H?D?46@L@9D3<G0F@I<
;H?8MH@4288H1H3D4L>DK8@0E@G4347464=DKHI@948<4LID3<FLADJ<64N<N@<8I
0@084F<AD3464=8B84DE@@@<4:<DL=@74J424B<1@GLDLI43<68<DK0:@>4;<3D><
IL38K<?8=LF@7D8HD844HHG<7D:8I8C094880@8@202048<@I020946HDHBHM@C48
84L1@CDG8HLA<A<DDID2L78>0M0I054H8DH9@K<L@4D8D8H1H5L6464K4JLBL346H
<4IH48<DB8LHI<K0:88L2HDL>0=DA<5H94K4;@944<DLI@;@M49DK0MHMH;D:4HD0
HLL=D6@8<N<L@<@NHK@?@98F@C8:<LHE@NHH80448<H>L;<6864L85H>4=@KHJ@B4
A<FL=4885D3H<@N4;DK@5H00;LL08H;L6064O8H4;<D0@D348<LLADK@;0I<8D1H3
<64=8I@H094>HI<9<>@A<A48@LDN0;8=H<HC@9L<@9D5D4L6<BHF<642<H8BHD804
L<=<9DJ0@4K<AD=H98A@CLD4=<MDD0;@ADC<60;09<4HHHOD:0F<:@9D30?02H5@E
@;46<6D>8FH1DO00L$000@806@:00008D@3HLHB@746<0L8@383D6880NHJ@@094N
H34N<@HIDC<78>83<0828J<L@9H3874<DGHD@44A<MLL8LH1DK4HHH004240@@@10
386DGHG@@42<DH1DK@>HM8J02494:HH0N<HD9@C064>@KH:H>H9L9@F89D;HH@6H?
D?4C@H0=4BLGD<@6H>0KHHH1H6@80NHJH9@AD3840<H48;<5D0H9D10;<ED@HA@5L
>DL0@8C8<D=@MHG<386<>464:8I<L05@30D4I@4<68<H@8C86D=HMHELC<6D402<K
4386864448<AH@@=@@8C@6D=<LH4H3@<@6L2<I8<@4L8<4HE0;44<<LO08L4H3@L@
@D:<O808OH04$000@80@0M@34N<@HIDC<78>880D@04040<8@0<@D=4C0H<CD6@>8
I8?@948<2HKLHDID3<F8AD@40<481010246@=HA04@O<L0O4<84HI@3078=LE<F84
L4HK44H5L<8C<GH7@9HB0F@I<;H683<70=LLHBH6D3D6@80L@7@JLN80H<84HK4=8
9HC4F<M44D0<<@IL1@C4<@;LE0;48<@H9@:0F<8HI@68KD6<@<4H5H98F4=04<?<>
02H1H70M<E<4H@@ED8@@<4HK0;4G4DH<8K08@FHN8CD>0=H4DC8B0FH:8AD5L=LL0
@@=40<FLCD78>@H4IDC@444<3@6@>4KH2H><HH8074K<5@N@=8;87L7444=@D8386
4GHB0?4><HL5DG0C4<<LHLHF014B<74@LK4=@9HH07L$000@2@@000E4@L64=LK0G
@E44<0L8@382060806@D@9DMHD@B4:<LH9<38F8O05H=HKHB0=D1@3@208480A0E0
44L<9<3D7048I4:H?0GHC0146<@HIHK<E8MLA494FHI4A<K0DH5LAL2<58MDF8BLI
@0HIHC<G4<D980LID;8E<?46H68=8L87@68DLI@;4=D@HF<<460<0DH3LADC8<@?<
E0;4AH0HA@EL6D840L=H6L1@DH>0;4=H=0@8@@?4=@2H2D206D>848C8FLD4BD80@
<HHIDO<HDA@I4<H88K4:@6D1<5470<4K8H0AD04H4AD0<<<D<C4E04HKH@@7D70D4
I@:D6D1<F<6@=HL4L4<H>0F02HIHN0949@;@B@B@H03<>4D<LHO0:02<J@10383@9
@30KHD444:<N<0HO@0<$000@80@0N@<49HC46<><80D@J4440<0@1H206H=@@0=0D
0:0K8@030N<@HIDC<78>83<08084HK4L@9H3874<DGHD@44A<MLL8LH1DK4HHH004
240@@@A0386@8@B8?DN0?@642<<H1@CDFL:DK42<B<=@B<2LF49D;L3H4L90K8<D5
LC41DC@FL>41H1D2068I<>@64A0842<2LDD;06@9D<8K0E0?47L346D=888K0;86@
<0?@ED1478>0G<J49D04H<8DAH3@6<>8K@H@I02<J8<HC8;40<7024ID=@CHHL702
L=@9@1428K@;82<60H<ED301LA<FD=@@HNLK<E@@LC<<44LC4:06H1<9@>0F<C8I@
B0:89D8@E<I46@F48<340HJDE@3LFLD0HLH<F4L47@0D28N01L$000@38500004:8
1L><I8C@C40<48AD1H3840<8@0B044D<<H3LA03@708028KDHHG@<4N<DHAHK@O80
<04B<=@>84LADC@68;LJ8B0HD>L>4N<@H=@<<L0@01008888@ADC8NDL<0H9H3D78
48I4=H?0GHC0146<@HIHK<58MH@4L4488LIH?8G8:4B<M@BHBLM02HB<FHM4I<L<@
@9LG<M@4DF<@4N<:H=D4DN<LD>HHL?4;HI@<<N<10>8H@G0?4GLC<NDK<J89@N068
6L<4>LA0C<F@C0=H<L9@B@<8J8H8000L103870641H0@<8E@3D28B8<42<J4K844D
0C4DD>H6<<8=020=8JHD<04L<=<9DJ00D7D2<K0C@HL<@H0@@@<HL<888C4HL84I<
L8@0?L$000@80@0O@00LLID3@20=4>@J00044L<0H10C0=DL0?@J880D43<?LC0:<
LHE@6HGL;D1DB01DC<64B<=@6HLH1DC<6L>DL@JH6L5H@L7<=4L@B@O4B8@H5@GHA
<C<6L<@3<0<0L8@202048<0A04@K<L0O4<84HI@3078=LE<GD4L4HK44H5L<8C<GH
7@9HA0F@I<;H68;<J8H86D0D2<J478683<KH<0<0HL2874L<<@:@OHGH=L1L9@9@<
<E0;4@@0HA@EL6D840L=H6LE0;4=@<HO03<JD;86H6LA8I@6H5<H8LH@@0@@8@H9@
L0@HBL<HJH<@>4C8442<0H;HB8242<I8G@:@@<4HG0;48DDH@D3LN01L$000@80H0
00J4800410B0?8C0:<LHI@3@20=4>@I000240<@@A@C4C08H<<KHF0?4:<8L=H@<>
4JDMHD@B4:<LH9<38F8O05H=HKHB0=D1@3@208480A0E0848<4@K40LIL2L6<<4HH
J0?4;<BD7D64I46H?424K<N@LD>4@8D@;DNHB8K4H0?43<0LJ40064<<0HI0CD>H2
<J4E8ND@4F<<46D<<E4C8:0FH:8IDO8>40<DL1H;D30E@LL080HAD306H=H@8@<;4
G<9<HD1@C@700D:<KHD814=D2<J00@74CHAH<0=L4DC4I02HA4140@;4>@@LFL642
<J4D87D6<>088K45868<@@8CD:D1<AL346824I43LN01L$000@<@@0H004@88HA@3
84038500004:81L<<KHF0?4:<8L1HA06@40<0B89DMHD@B4:<LH9<38F8O05H=HKH
B0=D1@3@208480A0E0848<4@K40LIL2L6<<4HHJ0?4;<BD7D64I46H?424K<N@LD>
4@8D@;DNHB8K4H0?46<FLE@M4D004<8<H>4=D4<@H9DC@2LLHB@74C<<H68ALH04H
B@5D88D<HHBL6L>0H8F@@4K<9H3DG8L0<HO4;0=48HIHIDA4<HO41D1@=4I<ID0@7
<A<2H@<3470<4L01DC480AL8D=H>HHLI8C050E48D1<G4C8306L0<4D2HI4?4FH;<
34ADCL=@@HM@M<9<<HE@;@=L64<0<81024N01L$000@HHG@<4N<DHAH3@20=480H0
00J4800410B0?8G0B<8H9HC45L=4I0L8G<G0?48<FH64>0800@0444@8HH1@B4<@3
L7@;LI@@@348<LL=D:DNHH@4@K<L@8D=@J<BLHL14B8>HK49<<H0<LLIDK@F8DH@<
0HA0347480I00084H<<HO<<@EL74<DIHDH?4L<?<<HK@E0946H@HC8:D<@I00@7<E
<2H3H6<<8L8D82@E<2H:8701<643460=L2DF<IDBHD4=@G4386@84ID>86@I<>@IL
A@C8705LA8LDM<8<<HL43L0<J4H@6@@LC8BD<0@8C<@D<8HH886<B4?4FLF0H0K4<
H8<=@JH=<5<64=@@8B0JD<0G0I0@4<<<HO4G<141H4H1D3@E8042<B4JLFL20A0C<
A07@1@O00L$000@80H000J4800410B0?8G0B<8H9HC45L=4I0@090A<M<L8LH1DK4
HHH004240@@@A0386@8@B8?DN0?@642<<H1@CD6L>880NHH@4@K<L@8D=@J<BLHL1
4B8>HK49<<H0<LLIDK@F8DH@<0H10386<80I000@4D<4H5HA874<DIH=8N<8HL@=@
=0?DHDI0A4>4KLC06L=@KHJ@B4A<FL54K0;<78IHD8>42<LL8DF4N@JH=@;09D50;
<8D@H9@>0F<A8ID;0DD4H3@:HB414N@;0LDLH:HG414@L:D=H087D2HH4G4ILLL?L
6@A<J01@9@G4?45@64=@J@@@A0DD04OL$000@38500004:81L=HKHB054N<0D1HA0
40408@I0B044084@J40LIL2L6<<4HHJ0?44<0L<@9L9@F89D;HH@6H?D?4>@4LADC
@F8F@I<;H683<70=LLH@090D<@<0H103870IL@H8H1H2060I4;H><I8C@9D6<3440
ML<DB<M@6<LH1DC<6L>DI<:<;8;@N4@@N04D1D;4?@:LH8486084ID386DI<=@9DJ
D8@FH@@9@=0;<D80H9DF0F<<HF4D8642<K4D8><0<9H9@<<D0H@E86D;40H=@L8<8
2@A<K01@7LH4C0?4M<ED7@M4L@0@>8906L@8:@@<4H48=L6HF8<46<8<6068<HJ@@
@681LHDO088LH5DL03L$000@MHG02404D8@4082040ND@0LLA<C460<<M0G@B40<F
84L4HK44H5L<8C<GH7@G8B<8H9H;4K8<D5LC41DC@6L><80D@J4840<8@1D3440?<
=8L8<8C0:<LH=@?86L180L103874I47H<<KHF0?4:<FLG@D@0404B<=@C800GHD@4
4A<MLL8LH1DK4HHH004240@@@10346@H4ID386<<<1DC4705L:8A<:H08ADC8:0FH
I09@F0F<=09LA@C@60N0B<1@C8H0AH8DG<=<38CDALLL=<9@;LE0;4D<8HA@5L<@K
H@83DC@D434LLH<842874H4IHI8@0?L$000@80@0I@44IL2L6<<4HHJ0?44<0L<@9
L1@201D2@=8B<GH7@G8B<8H9H;4K8<D5L7DNLH0?46<0L8@383D6@80J@E00488<H
1DI@0004B<M@6DDLI@K46@GL1LA0C@C07H<<KHF0?4:<FL7@DDHD2D9L10;LJ8B0H
D>L>4N<@H=@<<L0@01008888@1D34;LM8H02494FHH8A<=08<90;<HLLHK4J08@FH
M@2HF814<4I<J0H014>HJH5@:H6H<8H8H0;L6H=8087L2HC4?4HHC030E46D>06H1
84LF0<<ADC<L44<C0D0H@8L6D<088K<D8@0?L$000@L@B@04J4800410B074M@DDL
L3H70=LLH@090D<@<0HA0386L80I@00440<8@9@F8JDC@68<LJ<G<24703<00B<M@
6<LH1DC<6L>DL@6H0@4@DHI4CDF@LDL<9<38F8O05H=HKHB0=D1@3@208480A0E00
48<4@K40LIL2L6<<4HHJ0?4;<2D>8>4?HI0A<K0DH5LAL2<4@=@JHI0?46H64>43H
D@JHK@:@6844=@1D386DGHG@@42<DH1DK@>HM8J00D7<E<2LCD3870B45D;L1474D
4I@B<D0=4743<60IL>HI<ID8@LL6D306D@454M<C<6@J4<4@89D50;<EH8HA@5L<@
KHK@>41<08:H0HO@0<$000@80@0I@<41LA00H18NDK@0<LLID3@20=4>@J000<44<
0HI01L6<80I@4@?<ID54><6HID<@@0M@F4:4B<M@6<LH1DC<6L>DL@6H0@0@9@F8I
4CD6@>8I8?@948<2HKLHDID3<F8AD@40<481010246D<@?@E40<8L4@K418IL2L6<
<4HHJ0?4;<ND7D64I46H?424K<N@LD>488DD;DJ4ED;<9@=8L0H@8D94ED@<2<K8J
HD4:4L<I<3<70<4K8H0=DDL1H;D>0F<K@9@2D>06@I<JL<L4<>86HF@J0B<242<L<
<@E0C48@@H9@>0F<>@=@<02<1H<8A0842<I87@1D?H:H6D1L<8G@90?400<L44K0O
0A8G414<DOHC<642<>@E@1@O00L$000@80@0M@@4N<<H1HA06@78=0@0F0:40<@@I
@6H=@@0A004D8@4H8N@ID<49HC4F<=4KH103@40=0I@G@J<1DC0CL<@H04@5<A@?4
H<LH9D3DG4ND0H28J<L@9H3874<DGHD@44A<MLL8LH1DK4HHH004240@@@A0386<8
@B8?DN0?@642<<H1@CDFL:D442LLLELG@A0=DO8N87084J85H?<I4=@E4LD=@MH6<
3474245D4L><A<I@B014<4A<J0@0N4FD4HM0H0MD0H6D=<KDE@I4CH386D>43H2H=
<J4A@FD3<;L;L68<8J@@@68ILI0O0:80L5HG0;49DLH8@G@54J4E@KHO08HJ4@@F8
>D=0K@0@7<A<I@;@D0J4949D@H9D<0HL386D04OL$000@80I000<4<<0H10304038
500004:81L><I8C@C40<48ADIHHHHD0084H<4HDHJ4C06L=@KHJ@B4K<<0;@FD7<=
4L@B@O4B8@H5@GHA<C<6L<@3<0<0L8@202048<@I02094NHH4N<HD9@C064>@KH:H
<D9L9@F89D;HH@6H?D?4C@40=4BLGD<@6H>0KHHH846@80K@I0G4IL<HH@8@F@=8?
D2H=H6<M<G<<464=0J@@@F0DD=8J00@7<9<JL2@1HC0I07@@0F<60B014<4A<H00@
6D=<L01@8DI45@5@<H48;8F<@L4HB@94F<;8GHJH0@3DG0KDL0<HMDH0EDC0E04@1
D?4=<@<3@OLJ41@F0C8A4A<B8;82<N01L$000@>0@0A064D<0HA00H1880@0J@H<C
06L=@KHJ@B40<481D10C0<@B<7<=4L@B@O4B8@H5@GHA<C<6L<@3<0<0L8@202048
=8J02094NHH4N<HD9@C064>@KH:H<D9L9@F89D;HH@6H?D?4C@40=4BLGD<@6H>0K
HI@5D=<78=0@0H0K44DF<ADC8705LI@54><:HC<6L8@<HL<5<LH4HDH74J@E@6@0<
4HG0;4E4<HE@4@2<J4986HML<@0<DL;8G4BD306LD4=@74C<J0FDG@=@B8G0C48<<
L983478>@J8G0KDF4K8B860:<B<78=@3<J0F@?HI8I08DJD9DJ<GDGH0<<@B85D5<
1<1HBD7@>024G8;014H<DH=HJ<L@EH@@C03L<0G0@0242<LLC054<<M<ELE@4DK0C
03440<0B8;4:<@468:8HLIDC04<<DK@H8L@;49@1@:LH8K0LDN0=8CH3H9@C@8@DH
L@=4J<FHJ0B<B<NL7@;8<868E4L84H1DKD>0BD1@B030JL:<9L7@C46<4H1D3<6H=
LK<?40<2LC4;HD0G@:D4H3HO<>8CH00IDA@:46@C8@8NDK<J0@85D<H18I@H@G04L
ADCHF870LHDLGH28384<48O8@8903078<4AL488HID;0O4LD24HH;064L<:4H07L$
000@<HH00024:<AL3HH4=@<L0HA00H1880@0I@D45LALEHG@B48<LH9034FLF@J4;
H?8MH@428@H1HCD68>8A4KHK0MH7D94K@D@D4B<4H1@3<20=480H0H@ND64B8HHED
G<L@I0B4B<M@9<?DK48<F@88@@ED7L3D6D>L44>D7LA8C<E0I0E48<0L1DBD60<8K
0B@8D>DC4B06L=LK02@H40<8L1HA040408@A04@O<6@146<<L5DIHAD6@084H=LIH
D@342<>@:LLDJ4;<E0D8HH<4FD<4>DI8I@FDC<9<@HI@MHE8B0O4B4M06L@@IDC<6
4=<C8G@44:<2HEL9<:HN0CHH8@<2L?<H@G0386@I8BH@86D><D0JH3DB46@>HN4;H
FL>4A@I0542<FLF0><6<4H1L107478<8K0:@D4D0L4@88H1D3<64>8B@=4644<HHI
@<L68=0I@I0M434ID@8H4@D1D3474=@K0?@0H0<0LA0385HK<=D;0IDI@=HKH54HL
IDDHDLA8I@6@B8>4@<8H9@=H0@0<8HIHI8=H<H1DL0J@?4?D286<3@70<8N8O@C0=
<:8<<5HO<EDJ@G0C4NL1@;@44<HJ@A0>4B<E@C85@HDOL:D<@4<DL0HA<<L:LK4;@
94L<@HI@C<7<94K@C0?45<0D14>H@4N8<HMHG0N8HHMDM@G8A4@<C08D1LH@ADC@5
D2LD@5DFDE0;444K<A004D<LHE@4@><70;0HHCL288L;@C02D<@1HKD2<8L14L0I4
C@64=4K0F0=DH0C06L>0DL3L3D6<8<5D68946@<@E0C0:H74F4EDF4O0A0:HB08@I
@>@C<A4MD<HD@AHC<F43@J<I@886<7@946@8L>41D9DH07L$000@<H@0C0440<0LA
030403850000468@L4H>DK0J094J<D@1@CD68>880D@J4;43L643<48@<4HK49HI0
3<68<DKD900HI@8HI@E094F@M8E<3<5088D0G@C45<5DNHJ8;@3<L<D@9HK<F<F40
408DH1L6LG<=@I0E@L4<<8HE8;0A4ND:4D<<HODBL0@386DNLCLADC8=06D=<G@KH
>0K0@@ED<HL<M<GDA0K@9@B434705L680<4H;824C854880<DL:<B8442<7DDDC85
4@82<GHB@<<58C4>D3<:<=<24C4=08D=HDH10ADC@5488F<I0D82LH4C44870MD1H
3<60>0D8G<F<K81L4LDH:<E884><C4K0G0A450M410JLA@C8C8:@ADC8M0>HA8348
45@O89HM<8H9H30K@286<@864L<8HI@:@H4040<4H1@:D4<E0@D9@9HO<04@L9D30
O@80J<N@88F<M880MHF8386<:4M4DH4HG@6D=@H8;<L<4H>89DH4GH40=HH8F0I46
<4LID3@E<=DJD54A<@@848HKHJ@B4B<>H?0ID?LD8N<GDM8G044<<8@9HC47040M<
5<0H1@C0@@>4A49H:DK@D@D4;<=4=49430KL6<DD1D3@FHC@1<9H=@FHK@3864K<5
D@L4@A@K@9D744<2<;DE@BH5078:<HH2HM4H40@909@9894K@1HN8L0808D940D18
C860><I8:@MD489<J@0LO@0<$000@80@0O@H04@ADC<688LL@@@@4@<DHI8C@68<@
80D@04040<8@0<@D=HO@4410347<<4K@A@=D6@;85<4L=LI0B@ED7L2048<HJ@209
4>HD4;80D=HLHD@54L<@HIH2<70>@J8G@=DC4=@FDBL?@NL:@9468N@10<@L8?89@
D42<8H1H3D58=4K8:HC@K@>8LD080HA@C0O0=H=LL0B8ID=8L8C8DL>47DB@@4A<L
H<0=D0HLD=DH48@<LMHED<8H08@=8CHC@AL4H8HC4BHO0=0C8@@H41<8LE@J83<6D
CL40>DA<<4C8IDBDC@64:HM8I<=<7818684@A@C<60=@N8I@949<503HD<>0E<HHA
0C@68>42<6@<8CL58=HJ8K8J@30NL8LM4C@8LC42D60=HD8FDLH=@64?@68LD9HK4
D8884D1LC@F810I@:HDLADC068>8=DI87<JDH@94H<=80<M09@34;<?0B@HD3<70J
@101<3D9@94D<2L44H<CHD8:DJ4>H181LM4J@E0N44DAD3<70>DM0<8903D94:H8@
@HI@AD3DB4LDN<DHAHC@64<DI<8L:0E@A8FDI<K@I07@<@ADK0M81D;@0@D4JHIH4
D<<A@;@2<7@@HK4FDBL9@J@<0<@H828A@9@70@8B414:<60>DL400IL8@9<88=D=4
1L8@=HH064F80804OL$000@M0@@B48<HLA0C@68>480I004240<8@0<0D4080M8<4
58NLE4L84H1DCD7440J8@0@0A4=<NH0H5HLL:4<H8D9@H@JHC@ID9@9@EL7<<DI8H
0D4B80L9H;4?@>89HM8F@24:<8H=HADJH<L>8E@=@9@5LE<1DD06<<D9@30FHI42<
L<7H4<64CHK0=DB02434:DLHB@44A<9LCH;<ML6H305H>8<8H8?48<DHI@;@N8FLB
L?@MLFH6@?824;@J@BLJL>@;@9D=4I<4HEDA094B0I820?0B8J0B@6L>DL@A@=D8@
:0=@H85<34KL889834F<=0;DD0BH70E0O<F4E@FD5D;0N8D8N46LEH7L@8CLFDI<B
468=HM<4D=@84482L2L6D2D0@E0ND2@DH9D34G84L38CDD818J@B06L=DL0G@ED18
6L>@24;@IH;44<G06@?DIDG<D498@@8H8DK@B0HDF<DDK<4@>46<8HEH94D44H98I
8>H64JHK@=0A848684@A@C<60=@N8I@94A<804L:@D@0@>498FHHH4@2<2@AH7@I<
C8K<HHEHA<4L>0M0D@5DL0<484BD5894@HCHBD9@5@688L:L:@J8F@543<M<0<OH0
4$000@806@:000084@3LDHJ0?40<@L98C86H<D80I00404H<0D1@3064>4IDJ<G03
HI8H0E468DL1@3420=4M<24DD34B@6L=4K@J0C4?<E<3060B4C84LLLD<A4:4DH0D
A@C8G0<H9DH8L0@D4<:HM4ADC89LB0G8HD60IDLH98IH30@LND4D:H84@H2H;8>@J
8G@>46<BL=@FL2LELB<60>8M030B4:<4H=H@88DMH:@HD9D;8C<30M<NH50CDN<54
F<484H>8><IH=84HFHK<CDF88D@H983H70<D:448>4:8DLADC068>8=D<86@54;4=
D20CD54<<H8F0541<@<1HM4A0A8C@F00DCHK4K868:8HLIDK0M0CL2HHLM05@A4C<
54=LM8I034;<7484>4;HF4N8@H=D04><2H441@4L=LI0482@B8:8HH5@;8BL4L>DM
0D88D9<KD0@FD@8B@J4;848KHD8G864I44DHDDLCL3H8LJ4?8508DM<F42@=H9<1D
5D44>8I8G0D4A<2LF04@=HL02HC44@=DL0B@442<HHID;00@;HKHD@N0>@6<B8HH1
DK4C02L@498J<6LHH8H=D4@L@1D3DF@702L:<8D9@5D04><J8J094<<FL5L5LE8:8
H4@41<04OL$000@<0@0=0D0000@907D203408481DA0C0<@0<54<DK0@@D4B<HH9H
K4K<<8M81@?4J<0HIH3<6L<DK@J004242@JL<L18CD60>8M030B4:<4H1H10G4G0<
@=4CL58=HJ8J0C4A<9LG@7HKHH0LD7@I8E@A0A4K0C8F<C4A4M4>DDL9@3470:@N8
H08D>0BLB<78=DH@B@B4;<D<NDC43@5<3<J<I<=80<M09@342<@H9D;4C@<4O8N8E
0=4D4;L:<8<A<2DC<FLF@JL;HB@C0CHC0B4:8HL=DD8B894FHD8N8FHJ8L@@@>46<
FH882H1H6D641H5D?H<@=LA42<AH6@><M0I0944<DH1HCDF@LD2@8D6@=@2L?80@2
<:0844<DLI@3@F@1D48A<2LA4B<6L<@I8L80DAL=024>0;<A0L@C4B<2H8470E090
14L8B@=@AD944H503@?4=HH8HHIH4@9LL0HH;4><I4JH30FDNH:@94682@EL?4<40
@58=4K8B@HDM<;D;4B<3<G4@0042<L<M4OD?4L<>0:@BDG4I<2LM<?4=D0HLD9D38
6L>@B4;0C0I0K4L@J8084H@H9L<LD460?0L4A0:D?8D<LH2<D@=H646@749<IH30@
L:<98AD4@KHH8DL9030L060?@>0385H701H3<C@@L0D2HL8<44DL03L$000@80H@@
0040<8@0<0D4080N8H4983474>@DHA@14H<DH1@A0F@1D4L7<NDLD6D3D:454J<0H
=H=D@@D4:<8L9HC454>LI8B@@49<A<MD4DF<9DB454>@H8:H38107440<@K@H@6L5
8L8@H5@<8C<4@=HHH6H8H5HIHML9HJH@4<8KDL8L@1DK4<8240@4@HH288@@H@@>4
;<@@N8I@946<NLK8C08H:@D@0@>498FHHH4@2<2@AH7@1<64FLAD54L<@HIH2<70>
@J8G@=DC4=@AD64=89LBD4@8<IL984HEHDLND8<4D9DC<F8;<3@5<D@1D?40<BL3<
G4@0042<L<M4OD?4L<?85@E0E8I@548<2HML?4=D0HLD9DK8B8=49<L874C<><AHI
@I8F@@0:42<JLE@9430G@>0H@58GD:4N<14:8FL30DHK4;@I434BD8H4<A4FLN054
J8C86<48DL9@;@7@=<B<CDE8G0948<2L@45L:DM4C@9LC42D64B4C<><:H6<F4KD8
<34:@N8H054A<28A4B<78=DH@B@B4=<2<D<943438N0BDE4242DL4B4=02H0H38@D
@L4HL4D484?0M03H3H784LM438N01L$000@80D@04040<8@0<0D4080M8D494307@
:<M0B@@40<881HA030<D;8H0E094>H18:8@LIHK<F@C8:<<D9H34F8LL28B<M@LDL
@1DC468><I4KL;HN8KD6<4DADCHF8O0<0O8N8C8AHEHG@B46<@LIHB0F02DCH:HHD
4@88LD1DC<68>8H8G034;<GL4D28L<J8O0G0H@L8D838;88L=@H8J08DN0042D6@>
8A<1LK80HB4ADC4I47H8@I<BHC<60=@N8I@946<2L=LA8D0C0HHC0B@3<N00H1HCD
6@=LK@H8<<7@78<4L@J064;8IHL8L8H<4H7<:D>4B<@H5H88H@=4;LD474CL685<<
8486LLLE@<H<8G<KD54:<0H1HBD7@>024N@G<48M8F@24:<8HEH7474@H@0A4MD<H
FD84>@DHA@5D50I8L8>DALH0@DF874484L1@3@F@FDB@H@ADC4FL:8C@J0JD2@6@=
LMHG04D?D5L;49@94J<DHMH7@G03@CHL8L@9<<@8@BL<@64305H14ELJH9HC<68;L
LH58GHID>094609@30F4ADE@<DHDA83068=4C<64=0IH28=D=028=DI<BHKD><B@>
@64N4DL6<=D4<B<A0AL9@346<<48<GD@@B8J<<45H88HL0@;D><60<0H04@<8G@I<
;DD@5H<LK8D@>4A<L86@70=4M@I054I<9428FD=L9<;0B@<01874<4K8H0ADLH>4K
H7@?LEDAD9D88IH3@6@>DK@J02DN84@?@;0:0F@ADB4<@K@4@78G0?4J<0H4@L03L
$000@L@@0B0>40<8@0<0D4080LH808L1HCD6L=@806HC4M0<0HLED>HA0:4DH0D1@
C<8@CD74>@I8H0BD5H6DA45H=DH8L08D=8@88H9HC474=0GHK0ED38G8NLC8L4B8M
0>@@HID3<64:@I8F@@4A<=L4<LH1DC468;LK@J@=4N<0DIHC<F@<D<01HA0F@BD00
0<4HMD2HDH=H54O<M8@0MLA<N<J<BL68=HH8A0GD5<:4A<5H=818>DJ8A@GD@<9@O
84<B<<H1H3@6H<4N8?@?40<@L5H4L948@0@FL10BH2<74=4IHC@544<2LCL=@@DC<
8<2LK<C8M0LDLH=D<D@@5DI0FD64MD68LHAD3<7<=@J8F@948<2LJLLD=DD4;4DHI
@?@=4:<DHID3<74?4>4FH;L70H8B05DM4=D@D=D24H44D<<A<88K8I8HH>D64;<?D
<<A<84B0D4G06@N@BHGH6L;LJ8G05D?<;LNL3<;4E@K89<>D=D@L?DML8LDH5@:HO
8FD;LN<<DND20:40@IH=DD4NH6DO@A49<G840E06<FLI8H88H?H<@<<F474<<A<9L
34FLG0B8>0F0H0C@F0L8C4G450181<4<JHEH8L<4KDN@8HMH>@DH=DO4DD=42<=D1
<4<6H64N4GHGD@DI@;<J@H@>DD034384HN0O41H6HF4149L6@<DM@J0ADK8B4O@9D
N@9HE830G8GLF<J07L=8EH4@>D4<L@48@L5@1HE<L@I@84:<HL5D38FHI@B46<2H9
D5L<4HHA@HD28BDC0G@LD<H5H:H=0K@G@0DO@0<$000@CHH09488DLA@3@20=480H
000J4800410B074J0B4B<@LI8C<44=LK8H0146<@H5HEH:438FL>D>@8H9HK06HC8
B@D4@<LH1DK4?<HDD@GDI8G074N<HDID3<G8NDB4LHAD;<F8:4KL=@CLGH0@O@0<$
!9b342c15