Citation
Roads less traveled

Material Information

Title:
Roads less traveled mapping out non-traditional music education in the United States
Creator:
Remy, Michael ( author )
Publication Date:
Language:
English
Physical Description:
1 online resource (39 pages) : illustrations ;

Subjects

Subjects / Keywords:
music education -- non-traditional programming -- demographics
Music capstone project, M.M. in M. Ed
Genre:
Electronic Thesis or Dissertation.
Academic theses. ( lcgft )
bibliography ( marcgt )
theses ( marcgt )
Electronic Thesis or Dissertation
Academic theses ( lcgft )

Notes

Abstract:
The purpose of this study was to examine the status of non-traditional music courses in the United States, exploring what courses were offered, where they were offered, and the commonalities between schools that offered them. For this study, it was assumed that band, orchestra, and chorus made up the traditional music courses that were most frequently offered. Participants were 9-12th grade music teachers (N=343) from throughout the United States who completed a 20-question online survey. Of those, 196 offered non-traditional music courses. Guitar, music technology, and piano were the most frequently offered courses. While nontraditional courses were offered throughout the United States, the east and north-central regions had the most representation. Teachers of such courses shared perceptions of administrative, community, and student support, and were more likely than music educators who exclusively taught traditional courses to credit their personal musical experiences for influencing their desire and ability to offer these courses.
Bibliography:
Includes bibliographical references.
General Note:
Major department: Music.
General Note:
Major: Music Education
General Note:
Advisor: Haning, Marshall.
General Note:
Committee member: Thompson, Keith.
Statement of Responsibility:
by Michael Remy.

Record Information

Source Institution:
University of Florida
Holding Location:
University of Florida
Rights Management:
Copyright Michael Remy. Permission granted to the University of Florida to digitize, archive and distribute this item for non-profit research and educational purposes. Any reuse of this item in excess of fair use or other copyright exemptions requires permission of the copyright holder.
Resource Identifier:
on13825 ( NOTIS )
1382561562 ( OCLC )
on1382561562
Classification:
LD1780 2023 ( lcc )

Downloads

This item has the following downloads:


Full Text

PAGE 1

!"#$%&'(%%&)!#*('($ & + & ! ! ! ! ! ! "#$%&!'(&&!)"$*('(%+!,$--./0!#1)!/#/ 2 )"$%.).#/$'!,1&.3! (%13$).#/!./!)4(!1/.)(%!&)$)(& ! & & & & & & ,& ./01#('&!(.2 & & %34(!*/%"!2&0"../))((5 & $!6&.#!%1#''&1#7/789&01#/! & $!6&:(/)1&)1".4%"79&.(.,(! & & & & & & #&0#4%)"7(&4!";(0)&4!(%(7)($&)"&)1(&0"''(8(&"<&)1(& #!)% & "<&)1(&37/*(!%/)2&"<&<'"!/$#&/7&4#!)/#'&<3'?>> & & ! !

PAGE 2

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

PAGE 3

!"#$%&'(%%&)!#*('($ & Y & ";9<6!'=66!)89>=?=<+!,9@@ABC!#D7!/;B 2 )89? P Y?`&EG&@IS@& FR@EEQ&FHCJAOHF&BLDHIRIBLHA&IO& AQARHI\A& NCFIR&R ECDFAF & LH&H@A&FAREOJLD-&QA\AQ& W(QBCF&a&#TDIQ9& >?++[6&)@A&NEFH&GDAUCAOHQ-&EGGADAJ&NCFIR&RECDFAF & LDA&TLOJ9&R@EDCF9&EDR@AFHDL 9&bLcc&TLOJ&LOJ& RENT E9&NCFIR&H@AED-9&LOJ&NCFIRLQ&H@ALHAD & W#TDIQ&a&8LCQH9&>??d e& 0EQUC@ECO9&>?+V e& .LHH@AKF&a& :EOAD9&>?+f[6&7EOBLDHIRIBLHIOS&FHCJAOHF&RQLIN&HE&GAAQ&CODABDAFAOHAJ&IO&H@AFA&HDLJIHIEOLQ& EGGADIOSF9&EGHAO&GIOJIOS&H@A&BDESDLNNIOS&HE&REOGQIRH&KIH@&H@AID&FERILQ&LOJ&RCQHC DLQ&IJAOHIHIAF& W0QLC@F&a&0DANLHL9&>?>?[6&$ANESDLB@IR&BDEGIQAF&@L\A&FCSSAFHAJ&H@LH&H@A&H-BIRLQ&AODEQQAJ&NCFIR& FHCJAOH&IF&^@IHA9&QI\AF&IO&L&FCTCDT 9&IF& EG&@IS@AD&FERIEAREOENIR&FHLHCF9& LOJ& RENAF&GDEN&L&HKE P BLDAOH&@ENA&K@ADA&LH&QALFH&EOA&BLDAOH&@LFÐLIOAJ&L&@ IS@AD&JASDAA & W (QBCF&a&#TDIQ9&>?++e& :IOOA-9&>?+de&%HAKLDH9&+VV+[6& & .LO-&NCFIR&AJCRLHEDF&BCDFCA&HALR@IOS&TARLCFA&EG&H@AID&AMBADIAORAF&LF&NCFIR&FHCJAOHF9& EGHAO&JAFIDIOS&HE&INIHLHA&H@AID&IOFHDCRHEDF&LOJ&RDALHA&FINIQLD&AMBADIAORAF&GED&GCHCDA&SAOADLHIEOF&EG& FHCJ AOHF&W.LJFAO&a&:AQQ-9&>??>[6&'I_A&H@A&H-BIRLQ&NCFIR&FHCJAOH9&H@A&L\ADLSA&NCFIR&HALR@AD&IF& ^@IHA9&EG&@IS@AD&FERIEAREOENIR&FHLHCF9&LOJ&BLDHIRIBLHAJ&IO&HDLJIHIEOLQ&NCFIR&EGGADIOSF&H@ANFAQ\AF& K@AO&H@A-&KADA&IO&@IS@&FR@EEQ&W.LHH@AKF&a&:EOAD9 & >?+f[6& .CFIR & HALR@AD&AJCRLHEDF & LQFE & HAOJ& HE& F@LDA&L&FINIQLD&JANESDLB@IR&BDEGIQA & W1AKIHH&a&)@ENBFEO9&>??][6&)DLJIHIEOLQ&EGGADIOSF&HLCS@H&T-& HDLJIHIEOLQ&AJCRLHEDF&FAAN & HE & RDALHA&L & R-RQIRLQ&JANESDLB@IR & BLHHADO & TAHKAAO & NCFIR&FHCJAOHF9& NCFIR&HALR@ADF9&LOJ&NCFIR&HALR@AD&AJC RLHEDF & W:IOOA-9&>?+?[6& & !ASLDJQAFF&EG&K@AH@AD&L&FHCJAOH&IF&AODEQQAJ&ED&OEH9&H @A&BEHAOHILQ&TAOAGIHF&EG&NCFIR& AJCRLHIEO&LDA&FISOIGIRLOH6&
PAGE 4

!"#$%&'(%%&)!#*('($ & Z & EG&QEKAD&FERIEAREOENIR&FHLHCFAF&K@E&AOSLSA&IO&NCFIR&EGGADIOSF&LH&H@AID&FR@EEQF& LQFE& HAOJ&HE&@L\A& @IS@AD&SDLJAF&LOJ&L&QLDSAD&FERILQ&RIDRQA&H@LO&FHCJAOHF&K@E&JE&OEH&BLDHIRIBLHA&IO&NCFIR&W0LHHADLQQ&AH& LQ69&>?+>[6& ) @A&DAQLHIEOF@IBF&TAHKAAO&BLDHIRIBLHIEO&IO&NCFIR&LOJ&SDLJA&BEIOH&L\ADLSAF&INBQIAF&H@LH& FHCJAOHF&KIH@&@IS@AD&QA\AQF&EG&LRLJANIR&LRRENBQIF@NAOH&NL-&TA&NEDA&IOHADAFHAJ&IO&HDLJIHIEOLQ& NCFIR&EGGADIOSF&W(QBCF&a&#TDIQ9&>?++[ 6&3OGEDHCOLHAQ-9& FR@EEQF&IO&TEH@&DCDLQ& LOJ&CDTLO&LDALF&EG& @IS@&BE\ADH-&LDA&H@A&QALFH&QI_AQ-&HE&EGGAD&NCFIR&EG&LO-&_IOJ9&QAH&LQEOA&OEO P HDLJIHIEOLQ& BDESDLNNIOS&W#TDIQ&a&8LCQH9&>??d[6 & "H@AD&EGGADIOSF&NIS@H&AOSLSA&NEDA&EG&H@A& f? P d?`&EG&@IS@& FR@EEQ&FHCJAOHF& JIFIOHADAFHAJ&IO & HDLJIHIEOLQ&EGGADIOSF 9&LQ QEKIOS&H@AN & HE& LQFE& DALB&H@A&DIR@&TAOAGIHF& EG&NCFIR&AJCRLHIEO6 & ?+V[6&)ALR@ADFg&BDAGADAORAF&GED&OEO P HDLJIHIE OLQ&RECDFA& EGGADIOSF&HAOJ&HE&TA&H@A&RECDFAF&H@LH&LDA&H@A&NEFH&GLNIQILD&HE&H@AN&LOJ&H@A&NEFH&QI_A&HDLJIHIEOLQ& EGGADIOSF&W8LDDAHH9&>??Ve&;CR@OAIKIRc9&>??f[6& ) DLJIHIEOLQ&NCFIR&FHCJAOHF& KADA&LQFE& NEDA&QI_AQ-&HE& BDIEDIHIcA&OEO P HDLJIHIEOLQ&RQLFFAF&H@LH&NEFH&DAFA NTQA&HDLJIHIEOLQ&EGGADIOSF&W:AQQ-&a&*ADEOAA9& >?+V[6&^@IQA&HALR@ADF&@L\A&IOJIRLHAJ&H@LH&H@AID&GL\EDIHA&LFBARH&EG&HALR@IOS&IF&DAQLHIEOF@IBF&KIH@& FHCJAOHF&W.LHH@AKF&a&:EOAD9&>?+f[9& H@A&QLDSAFH&REOHDITCHIOS&GLRHED&IO&IOIHILHIOS&OAK&RECDFAF&KLF& OEH&FHCJAOH&IOHA DAFH9&TCH&HALR@AD&IOHADAFH&IOFHALJ& W1LOIOS&a&)DLR-9&>?+de&8LDDAHH9&>??V[6& !ASLDJQAFF&EG&FHCJAOH&JANLOJ9&NCFIR&HALR@ADF&LDA&NEDA&QI_AQ-&HE&EGGAD&RECDFAF&H@LH&GLQQ&KIH@IO& H@AID&DALQNF&EG&AMBADIAORA9&AMBADHIFA9&LOJ&BADFEOLQ&IOHADAFH6& &

PAGE 5

!"#$%&'(%%&)!#*('($ & h & ,EH@&BDIORIBLQF&LOJ&FCBA DIOHAOJAOHF&\LQCA&NCFIR&IO&FR@EEQF&LOJ&JAFIDA&L&KIJAD&\LDIAH-&EG& EGGADIOSF&HE&AOSLSA&NEDA&BLDHIRIBLOHF&W#TDIQ&a&8LCQH9&>??d[6& , CJSAHLD-&LOJ&FR@AJCQIOS& REOFHDLIOHF&EGHAO&@IOJAD&LJNIOIFHDLHED&IOIHILHIEO&EG&OEO P HDLJIHIEOLQ&BDESDLNNIOS6&0ECBQAJ&KIH@& HALR@AD&@A FIHLOR-&LOJ&JIFBLDIHIAF&TAHKAAO&FR@EEQ&DAFECDRAF&TLFAJ&EO&DASIEO&LOJ&BEBCQLHIEO9&H@ADA& JE&OEH&LBBALD&HE&TA&TQLO_AH&FEQCHIEOF&HE&FEQ\A&H@AFA&IFFCAF&EG&AUCIH-6& )@ADA&IF9&@EKA\AD9&A\IJAORA& H@LH&H@A&RDALHIEO&EG&OEO P HDLJIHIEOLQ&BDESDLNNIOS&IF&EGHAO&JCA&HE&HALR@ AD&IOOE\LHIEO&LOJ&IOIHILHI\A& W$LNNADF9&>??V 9 & >?+>e&1LOIOS&a&)DLR-9&>?+d[6 & /O&FHCJIAF&EG&NCFIR&HAR@OEQES-&BDESDLNF&IO&7AK&;ADFA& LOJ&H@DECS@ECH&H@A&3OIHAJ&%HLHAF 9& $LNNADF&W>??V 9& >?+>[&JIFRE\ADAJ&H@LH&LQNEFH&LQQ&BDESDLNF&KADA&GECOJAJ&T-&HALR@ADF&K@E&KADA& FAQ G P HLCS@H6&1LOFEO&W>?+f[&DAGAD DAJ&H E&H@IF<IQIH-&HE&IOOE\LHA& KIH@IO&LO&EDSLOIcLHIEO& LF& *+,&-.&"+"/&*+0 6&/O&L&FHCJ-&EG&AJCRLHEDF&H@DECS@ECH&H@A&FHLHA&EG&7AK&2ED_9&1LOFEO& W>?+f[& JIFRE\ADAJ&H@LH&AJCRLHEDF&K@E&BADRAI\AJ&H@A&SDALHAFH&FAOFA&EG&IOHDLBDAOACDIOS&IO&H@AID&bETF&KADA& LH&FR@EEQF&EG&@IS@AD&FERIEAREOENIR&FHLHCF9&EGHAO&FCTCDTLO&FR@EEQF&BEBCQLHAJ&T-&^@IHA&FHCJAOHF6& & 2ECOS&AJCRLHEDF&K@E&LDA&bCFH&FHLDHIOS&H@AID&RLDAADF & KIQQ&DAHIDA & GDEN&HALR@IOS&FENAHINA& LDECOJ&>?]?9&L&HINA&K@AO&ECD&OLHIEO&IF&BDEbARHAJ&HE&TA&FISOIGIRLOHQ-&NEDA&JI\ADFA&W;EOAF9&>??][6& ^@IQA&NEFH&NCFIR&HALR@ADF&LOJ&NCFIR&HALR@AD&AJCRLHEDF&REOHIOCA&HE&BDIEDIHIcA&HDLJIHIEOLQ& BDESDLNNIOS&W(QBCF&a&#TDIQ9&>?++e&1AKIHH&a&)@E NBFEO9&>??][9&H@A&OAAJ&GED&OEO P HDLJIHIEOLQ& BDESDLNNIOS&KIQQ&QI_AQ-&EOQ-&IORDALFA&LQEOSFIJA&F CR@ & JANESDLB@IR&HDAOJF6& #F&H@A&JANESDLB@ IRF & EG&H@A&3OIHAJ&%HLHAF&REOHIOCA&HE& F@IGH 9&NCFIR&AJCRLHIEO& F@ECQJ& LJbCFH&HE&LRRECOH&GED&LQQ&FHCJAOHF& LOJ&NCFIRILOF6 & )E&BDE\ IJA&AUCLQ&LRRAFF&HE&NCFIR&AJCRLHIEO9&NCFIR&AJCRLHEDF&NCFH&COJADFHLOJ&IOAUCIHIAF & IO& BDESDLNNIOS6&)@A-&NCFH&LQFE&COJADFHLOJ&K@ADA&LQHADOLHI\A&BDESDLNNIOS&AMIFHF&LOJ&K@LH& FCBBEDH&NAR@LOIFNF&LDA&DAUCIDAJ&GED&FCR@&BDESDLNNIOS&HE&H@DI\A6 & 4DA\IECF&DAFALDR@&AMLNIO AJ&

PAGE 6

!"#$%&'(%%&)!#*('($ & ] & NCFIR&HALR@AD&BDABLDAJOAFF&GED&HALR@IOS&OEO P HDLJIHIEOLQ&BDESDLNNIOS&LH&H@A&FAREOJLD-&QA\AQ&IO& SDLJAF&] P +>& IO&H@A&3OIHAJ&%HLHAF& W0EQUC@ECO9&>?+V[ e & ??Ve&;CR@OIAKIRc9&>? ?f[ e & LOJ&H@A&FHLHCF&EG& FBARIGIR&OEO P HDLJIHIEOLQ&NCFIR&RECDFAF&W$LNNADF9&>?+>e&$LNNADF9&>?+V[6 & )@AFA&FHCJIAF&JIJ&OEH& AMLNIOA&OEO P HDLJIHIEOLQ&NCFIR&BDESDLNNIOS&FBARIGIRLQQ-&EGGADAJ&LH&V P +> !" & SDLJA&@IS@&FR@EEQF&IO& H@A&3OIHAJ&%HLHAF6& & )@A&BCDBEFA&EG&H@IF&OEOAM BADINAOHLQ&UCLOHIHLHI\A&FHCJ-& KL F&HE&AMLNIOA&H@A&SAESDLB@IR&LOJ& JANESDLB@IR&R@LDLRHADIFHIRF&EG&OEO P HDLJIHIEOLQ& NCFIR& BDESDLNNIOS&IO&V P +> !"# SDLJA&@IS@&FR@EEQF& KIH@IO&H@A&3OIHAJ&%HLHAF6&!AFALDR@&UCAFHIEOF&IORQCJA5& & +6 ! ^@ADA&IF&OEO P HDLJIHIEOLQ& NCFIR& BDESDLNNIOS& EGGADAJi& & >6 ! ^@LH&H-BAF&EG&OEO P HDLJIHIEOLQ& NCFIR& BDESDLNNIOS&LDA&EGGADAJi& & Y6 ! ^@LH&RENNEOLQIHIAF&AMIFH&TAHKAAO&FR@EEQF&H@LH&EGGAD&OEO P HDLJIHIEOLQ& NCFIR& BDESDLNNIOSi& & ,=7E;<;?;CF ! -987A:A@9B76 G ! -8;:= !" & SDLJA&@IS@&FR@EEQ&N CFIR&HALR@ADF&H@DECS@ECH&H@A&3OIHAJ&%HLHAF&W 7 X+V9Z? + [ 6& )@A&FCD\A-&DARAI\AJ& Z?f&DAFBEOFAFe&@EKA\AD9&]Z&FCD\A-F&KADA&OEH&RENBQAHA6& 4LDHIRIBLOHF& W7XYZY[& KADA&NANTADF&EG& H@A&7LHIEOLQ&#FFERILHIEO&GED&.CFIR&(JCRLHIEO&W7#G.([&K@E&HLCS@H& LH & V P +> !" & SDLJA&@IS@&FR@EE QF& LRDEFF&H@A&3OIHAJ&%HLHAF6 ! #&FCD\A-&RENBQAHIEO & DANIOJAD& KLF& FAOH&EO&
PAGE 7

!"#$%&'(%%&)!#*('($ & f & FCD\A-&RQEFAJ&EO&
PAGE 8

!"#$%&'(%%&)!#*('($ & d & H@IF&FCD\A-&KLF&EOQ-&LJNIOIFHADAJ&EORA9&/&KLF&OEH&GCQQ-<QA&HE&JAHADNIOA&IHF&DAQILTIQIH-6&/&JIJ9& @EKA\AD9&IORQCJA&RQALDQ-&KDIHHAO&IOFHDCRHIEOF9&AOFCDA&H@LH&LQQ&BLDHI RIBLOHF&DARAI\AJ&IJAOHIRLQ& NLHADILQF9&LOJ&JAGIOA&LQQ&HADNF&KIH@IO&H@A&FCD\A-6& & %979!$B9?F6A6 ! ! !AFALDR@&UCAFHIEOF&+&LOJ&>& GERCFAJ & EO&H@A&H-BAF&LOJ&QERLHIEOF&EG& 7).0 6& /&CFAJ& J AFRDIBHI\A&FHLHIFHIRF&HE&LOLQ-cA&JLHL&GED&TEH@&DAFALDR@&UCAFHIEOF6& !AFALDR@&UCAFHIE O&Y&AMBQEDAJ& H@A&RENNEOLQHIAF&TAHKAAO&FR@EEQF&H@LH&EGGAD&7).06&$AFRDIBHI\A&FHLHIFHIRF&KADA&LQFE&CFAJ&HE& LOLQ-cA&JLHL9&FBARIGIRLQQ-&FASDASLHAJ&T-&BLDHIRIBLOHF&K@E&EGGADAJ&7).0&LOJ&H@EFA&K@E&JIJ&OEH6& ?9&/ & REJAJ& DAFBEOFAF& GED&LOLQ-FIF&T-& DAJCRIOS&H@AN&HE& SAOADLQ&RLHASEDIAF6& & "=6D?76 ! -987A:A@9B7!%=H;C89@EA:6 ! #&HEHLQ&EG&Z? ] & @IS@&FR@EEQ&NCFIR&AJCRLHEDF&KIH@&LRHI\A&7#G.(&NANTADF@IBF& FCTNIHHAJ & H@ A & FCD\A-6&"G&H@A&Z? ] & BLDHIRIBLOHF9&YZY&WdZ6 h `[& RENBQAHAJ&H@A&AOHIDA&FCD\A6&#H&H@A&HINA&EG&H@IF& DAFALDR@9&H@ADA&KADA&+V9Z? + & @IS@&FR@EEQ&NCFIR&AJCRLHEDF&KIH@&LRHI\A&7#G.(&NANTADF@IBF 9& BD E\IJIOS&H@IF&FHCJ-&KIH@&L&+6d`&DAFBEOFA&DLHA 6&#F&ECHQIOAJ&IO& )LTQA & +9& NEFH& BLDHIRIBLOHF& KADA& 7 EH&1IFBLOIR & ED& 'LHIOE&WV+6 ? `[&LOJ&^@IHA&Wd V 6 h `[&KIH@&L&DAQLHI\AQ-&AUCLQ&FBQIH&IO& NLQA P GANLQA& SAOJAD&W `[6 & 7EHA&H@LH&H@A&+??6+`&DAHCDO&IF&J CA&HE&DECOJIOS6& & )95?= ! I !

PAGE 9

!"#$%&'(%%&)!#*('($ & V & 1/&2"#34-&,*5*.-+,(631"78 9 :".%&,"'3;,<+*5*,#=3:-5"=3-+'3>"+'"& 3 4LDHIRIBLOH&$ANESDLB@IRF & + 3 ?3%83@ 3 (7EBA:A7F ! ! ! ! 7EH&1IFBLOIR&ED&'LHIOE & Y+> & V+6 ? & ! 4DAGAD&7EH&HE&#OFKAD & +f & h6? & ! 1IFBLOIR&ED&'LHIOE & ++ & Y6> & ! 7E&DAFBEOFA & Y & ?6V & ! )EHLQ & YZY & +??6+ & "9:= ! & & ! ^@IHA & Y ?f & dV6h & ! 4DAGAD&7EH&HE&#OFKAD & +f & h6? & ! #FILO & f & >6? & ! ,QLR_o#GDIRLO&#NADIRLO & ] & +6f & ! #NADIRLO&/OJILO&ED&#QLF_L&7LHI\A & > & ?6] & ! 7LHI\A&1LKLIILO&ED&"H@AD&4LRIGIR&/FQLOJAD & > & ?6] & ! "H@AD & > & ?6] & ! )EHLQ & YZY & +??6? & 0=B<=8 ! & & ! & Zf6> & ! 4DAGAD&7EH&HE&#OFKAD & f & >6? & ! 7EO P ,IOLD& Y & ?6V & ! "H@AD & + & ?6Y & ! )EHLQ & YZY & +??6? & & & .EFH&BLDHIRIBLOHF & WfZ6 Z `[&@LJ&ALDOAJ&L&SDLJCLHA P QA\AQ&JASDAA9&KIH@&H@A&NLFHADgF&JASDAA& WZ > 6 ] `[ & @L\IOS&H@A&@IS@AFH&DABDAFAOHLHIEO 6&)DLJIHIEOLQ&BCTQIR&FR@EEQ&Wd ] 6 ? `[&LOJ&BDI\LHA&FR@EEQ& W+ ? 6 d `[&AJCRLHEDF&LRRECOHAJ&GED&NEFH&DAFBEOFAF&KIH@&BLDHIRIBLOHF&@L\IOS&LO&L\ADLSA&EG& +V 6+ & -ALDF&EG&AMBADIAORA6 & 4LDHIRIBLOHF&KADA&LF_AJ&HE&JARQLDA&H@AID&BDINLD-&IOFHDC NAOH&KIH@& IOFHDCNAOHLQIFHF&Wh V 6 ] `[9&\ERLQIFHF&W>V6 > `[9&LOJ&BILOE&BQL-ADF&W ] 6 f `[&LRRECOHIOS&GED&NEFH&

PAGE 10

!"#$%&'(%%&)!#*('($ & +? & DAFBEOFAF6&*ADOLRCQLD&NCFIRILOF&LRRECOHAJ&GED&EOQ-&>6 Y `&EG&DAFBEOFAF6&!ASLDJIOS& IOFHDCNAOHLQIFHF9&KEEJKIOJ&W> > 6 > `[9&TDLFF&W+ d 6 f `[9&BADRCFFIEO&Wf6?`[&LOJ&FHD IOS&W++6 f `[& NCFIRILOF&KADA&ALR@&DABDAFAOHAJ&IO&BLDHIRIBLHIEO6&#&GAK&BLDHIRIBLOHF&W>6Y`[& FAQAR HAJ&l"H@AD9& BQALFA&FBARIG9 m& LOJ& IOJIRLH AJ & H@LH&H@A-&@LJ&JCLQ P BDINLD-&IOFHDCNAOHF & ED&BQL-AJ&RQLFFIRLQ&SCIHLD9 & EDSLO9& ED& @LOJTAQQF&WFAA& )LTQA & >[6 & )95?= ! J ! 1/&2"#34-&,*5*.-+,(63 ;'/5-,*%+3A"2"7=315<%%73B#."=3-+'34&*C-D+(,&/C"+, 3 4LDHIRIBLOH&$ANESDLB@IRF & + 3 ? 3 ( h6f & ! .LFHADF & + Z] & & Z>6] & ! .LFHADFpY? & dZ & >Z6h & ! 4@$ & > h & & f6Y & &:E;;?!)F@= ! & & ! )DLJIHIEOLQ&4CTQIR & >Vh & & d]6? & ! 4DI\LHA& WDAQISIECF&ED&EH@AD[ & Yf & +?6d & ! 4CTQIR&0@LDHAD & +? & >6V & ! 4DI\LHA&0@LDHAD & ? & ?6? & -8AH98F!.B678DH=B7 ! & & ! *EIRA & + ?? & >V6> & ! ^EEJKIOJ & f] & >>6> & ! ,DLFF & ]Z & +d6f & ! "DR@AFHDLQ&%HDIOSF & Z? & ++6f & ! 4ILOE & > Y & ]6f & ! 4ADRCFFIEO & > Z & f6? & ! *ADOLRCQLD & d & >6Y & ! "H@AD & d & >6Y & &

PAGE 11

!"#$%&'(%%&)!#*('($ & ++ & & )@A&FCD\A-&DARAI\AJ & DAFBEOFAF&GDEN&BLDHIRIBLOHF&IO&Zf&FHLHAF 6&)@A&EOQ-&FHLHAF&H@LH&KADA& OEH&DABDAFAOHAJ&KADA & #QLF_L9&#D_LOFLF9&LOJ&*ADNEOH6&)@A&FHLHAF&KIH@&H@A&QLDSAFH& OCNTAD&EG& DAFBEOFAF & KADA&"@IE&WV6 V `[9&0LQIGEDOIL&W ] 6 f `[9& LOJ&:LOFLF & W h 6 >`[ 6&)@A&FHLHAF&K IH@&H@A&QALFH& OCNTAD&EG&DAFBEOFAF & KADA&.IR@ISLO&W ? 6Y`[9&$AQLKLDA&W ? 6Y`[9& LOJ& .LD-QLOJ&W ? 6Y `[6&& & #F&F@EKO&IO&)LTQA&Y9&OALDQ-&@LQG&EG&H@A& BLDHIRIBLOHF & WZ]6V`[&HLCS@H&KIH@IO&RENNCOIHIAF& KIH@&BEBCQLHIEOF&EG&> 9 h?? P ZV9VVV 6& )@A&FHCJAOH&BEBCQLHIEO&EG&BLDHIRIBLOHFg & @IS@&FR@EEQF&\LDIAJ9& KIH@&Yf6f`&IOJIRLHIOS&H@LH&H@AID&FR@EEQ&@LJ&TAHKAAO&+ 9 ??+&LOJ&> 9 h??&FHCJAOHF6& )@A&L\ADLSA& OCNTAD&EG&NCFIR&HALR@ADF&BAD&FR@EEQ&KLF&>6V 6& 7ALDQ-&@LQG&EG& BLDHIRIBLOHF& WZh6]`[& IOJIRLHAJ&H@LH& ++ P >?`&EG& H@AID& FHCJAOH & BEBCQLHIEO & KADA&AODEQQAJ & IO&L&NCFIR&RQLFF 6 & )95?= ! K ! E%CC/+*,#3-+'315<%%73 1,/'"+,3 4%./7-,*%+31*F"( 3 %R@EEQ&$ANESDLB@IRF & + 3 ? 3 3;HHDBA7F!-;@D?97A;B ! ! ! ! 'AFF&H@LO&> 9 h?? & h > & +h6> & ! > 9 h?? P ZV9VVV & + ] Y& & Z f 6h & ! h?9??? P VV9VVV & Zh & +Y6+ & ! +??9??? P >ZV9??? & Yd & ++6+ & ! 8DALHAD&H@LO&>h?9??? & ZZ & +>6d & ! 7E&DAFBEOFA & + & ?6h & &7D<=B7!-;@D?97A;B ! & & ! 'AFF&H@LO&+?? & Y & ?6V & ! +?? P h?? & d Y & >Z6> & ! h?+ P +??? & VZ & & >f6Z & ! + 9 ??+ P > 9 h?? & + YY & Yd6d & ! .EDA&H@LO&> 9 h?? & Y ? & & d6f & !

PAGE 12

!"#$%&'(%%&)!#*('($ & +> & )896L!/;B 2 )89 ?Z & .CFIRLQ&)@ALHAD & + + V & 7EOA & > & ! & %INIQLDQ9&7).0 & KADA&JAGIOAJ&LF&RECDFAF&EH@AD&H@LO& HDLJIHIEOLQ&NCFIR & RECDFAF6&"G&H@A& YZY & RENBQAHA&FCD\A-& DAFBEOFAF 9& +V] & Wh f 6 + `[&IOJIRLHAJ&H@LH&H@A-&EGGADAJ& 7).0&LH&H@AID&FR@EEQF & LOJ&+ Z] & WZ > 6 ] `[&IOJIRLHAJ&H@LH&H@A-&JIJ&OEH6& "OA&BLDHIRIBLOH&JIJ&OEH&DAFBEOJ&HE&H@IF&UCAFHIEO 6& & "G&H@A&DAFBEOJAOHF&K@E&LOFKADAJ&UCAFHIEO&+]&WOX+V][9&K@IR@&LF_AJ&n#BBDEMINLHAQ-& K@LH&BADRAOHLSA&EG&-ECD&bET&IF&HALR@IOS&OEO P HDLJIHIEOLQ&NCFIR&RECDFAFig9&Zd6?`&IOJIRLHAJ&H@LH& QAFF&H@LO&L&UCLDHAD&EG&H@AID&HALR@IOS&QELJ&KLF&JAJIRLHAJ&HE&7).06&0 EO\ADFAQ-9&h 6 ] ` & EG& BLDHIRIBLOHF&IOJIRLHAJ&H@LH&H@A-&HLCS@H& 7).0 & GCQQ&HINA6 & 0 ENBQAHA&DAFCQHF&GED&H@IF&UCAFHIEO&RLO&TA& FAAO&IO&)LTQA&h 6 & )95?=!N ! @BG;3 B"-5<*+03A%-'3I"'*5-,"'3,%3@BGE 3

PAGE 13

!"#$%&'(%%&)!#*('($ & +Y & 7).0&)ALR@IOS&'ELJ& & + 3 ?3%83@ 3 'AFF&H@LO&>h` & VZ & Zd6 ? & >h` & Z? & >?6 Z & h?` & YV & +V6V & fh` & ++ & h6] & ?`&EG&H@AID&FR@EEQ& BEBCQLHIEO&BLDHIRIBLHAF&IO&7).06 & & =CAFHIEO&+dLo+dT&IORQCJAJ&L&FARHIEO&KIH@&++& FHLHANAOHF 9&DAUCIDIOS&BLDHIRIBLOHF&HE&DLHA& H@AID&QA\AQ&EG&LSDAALTIQIH-&KIH@&ALR@&FHLHANAOH&EO&L&'I_ADH P H-BA&FRLQA6&,EH@&7).(&LOJ&).(& DARAI\AJ&FQIS@HQ-&NEJIGIAJ&\ADFIEOF&EG&H@AFA&FHLHANAOHF9&FE&H@LH&H@A&FHLHANAOH F & BADHLIOAJ&HE&H@AID& FBARIGIR&HALR@IOS&FRAOLDIEF6&4LDHIRIBLOHF&KADA&LF_AJ<ECH&H@AID&BADRAI\AJ&FCBBEDH&GDEN& LJNIOIFHDLHIEO9&RENNCOIH-9&LOJ&FHCJAOHF&LF&FAAO&IO&FHLHANAOHF&Y9&Z9&LOJ&h6&#JJIHIEOLQQ-9& BLDHIRIBLOHF&KADA&LF_AJ<ECH&H@AID&IOHADAFHF&LOJ&AMBADIAOR AF&LF&FAAO&IO&FHLHANAOHF&+9&>9]9&f9&LOJ& d6&'LFHQ-9&BLDHIRIBLOHF&KADA&LF_AJ<ECH&H@A&INBLRHF&H@A&0"*/$ P +V&BLOJANIR&@LJ&EO&H@AID& BAJLSESIAF&LOJ&RCDDIRCQCN&LF&FAAO&IO&FHLHANAOHF&V&LOJ&+?6& & )95?=! O ! 4"&5".,*%+3%83@%+ 9 B&-'*,*%+-73G/(*53;'/5-,*%+3J#3 G/(*53;'/5-,%&(3K<%3B"-5<3 @BGE 3 ! " #$%$&'&($ " #$)*(+,-"./0%+)&& " 1/0%+)&& " 2&3$)%, " 4+)&& " #$)*(+,-"%+)&& " !"#$% & 5 " ( " 5 " ( " 5 " ( " 5 " ( " 5 " ( " ' & 6 " 2*( 7 $)%./$/*(%,"'30/8"&.38%$/*("/0" /'9*)$%($: " 6:; " < " ;:= " 6 " >:? " @ " ><: 6 " A< " =6: A " 6;6 " ()* & < " B"%'"/($&)&0$&."/("*CC&)/(+"%../$/*(%,"(*( 7 $)%./$/*(%,"'30/8"8*3)0&0"%$"'-"08D**,: " <: 6 " > " A: E " 6? " <;:6 " E@ " E <:; " ?< " EF:? " FE " ()+ & E " G-"%.'/(/0$)%$/*("H*3,."0399*)$" %../$/*(%,"(*( 7 $)%./$/*(%,"'30/8"8*3)0&0" %$"*3)"08D**,: " 6:= " E " E: 6 " ? " 6 A:; " E= " ><: ? " AE " E>: @ " ?A " ()* &

PAGE 14

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

PAGE 15

!"#$%&'(%%&)!#*('($ & +h & =CAFHIEO&+V&LQFE&IORQCJAJ&L& 'I_ADH P H-BA & FARHIEO&KIH@& FA\AO & FHLHANAOHF & DASLDJIOS& BADRAI\AJ&TLDDIADF&HE&EGGADIOS&OEO P HDLJIHIEOLQ&NCFIR&AJCRLHIEO&LF&FAAO&IO& )LTQA&d 6&)ALR@ADF& FHDEOSQ-&LSDAAJ&H@LH&NCFIR&HALR@AD&RECDFA&QELJ&WhY6 h `[&LOJ&FHCJAOH&RECDFA&FR@AJCQIOS & Whh6 ] `[& KADA&LNEOS&H@A& QLDSAFH & TLDDIADF 6&/O&H@A& l" H@AD9&BQALFA&FBARIGm & FARHIEO&EG& H@IF&UCAFHIEO 9& Y] & LJJIHIEOLQ&DAFBEOFAF&KADA&BDE\IJAJ9&IORQCJIOS & BADRAI\AJ&TLDDIADF&FCR@&LF & GLRIQIHIAF9&FHLGGIOS9&EH@AD& LRLJANIRFoAQARHI\AF9&FHCJAOHo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d&DAFBEOFAF&KIH@&>Y& W>+`[&EG&H@A&DAFBEOFAF&TAIOS&nOEg&ED&n7o#g6 & )@A&DAFBEOFAF&KADA&REJAJ&I OHE&V& RLHASEDIAF 5& REORADOF<ECH&H@A&DAFALDR@&Wf`[e&DAFHLHIOS&TLDDIADF&H@LH&LQISO&KIH@&UCAFHIEO&+V&W>h`[e&DAFHLHIOS& OEO P HDLJIHIEOLQ&EGGADIOSF&H@LH&LQISO&KIH@&UCAFHIEO&+h&W+]`[e&FCBBEDH&GED&7).(&KIH@&REORADOF& LTECH&H@A&FHLHCF&EG&HDLJIHIEOLQ&BDESDLNNIOS&W>`[ e&COAUCI\ERLQ&FCBBEDH&GED&7).(&W>>`[e& RENNAOHF&EO&DAFHDCRHCDIOS&HE&GCDH@AD&FCBBEDH&7).(&WZ`[e&SAOADLQ&FCBBEDH&GED&7).(&KIH@&

PAGE 16

!"#$%&'(%%&)!#*('($ & +] & TLDDIADF&TA-EOJ&H@A&FREBA&EG&UCAFHIEO&+V&W+Y`[e&FCBBEDH&GED&HDLJIHIEOLQ&BDESDLNNIOS&W]`[e&LOJ& JAGIOIOS&H@A&AMBADIAORAJ&KEAF&EG&7).(& Wh`[6& & "=6=98:E! RD=67A;B!I+!SE=8=!A6!B;B 2 7896f`&EG&DAFBEOJAOHF& GDEN&H@A&(LFHADO&DASIEO&LOJ&]?6Y`&DAFBEOJAOHF&GDEN&H@A&7EDH@&0AOHDLQ&DASIEO&IOJIRLHAJ&H@ LH&H@A-& HLCS@H&7).09&RENBLDAJ&KIH@&h?6?`&EG&DAFBEOJAOHF&GDEN&H@A&7EDH@KAFH&DASIEO&LOJ&YV6Z`&EG& DAFBEOJAOHF&GDEN&H@A&%ECH@ADO&DASIEO6& & )95?=!V ! :"(.%+("( 3 H&0-+*F"'3J#3@ M 8G;3:" 0 *%+ 3 !ASIEO F & %HLHA F & 7).( & )EHLQ & & & & + 3 @3 3 ? 3 %83@ 3 (LFHADO & 0EOOARHIRCH9& $AQLKLDA9&^LF@IOSHEO&$60 6 9&.LIOA 9 & .LD-QLOJ9&.LFFLR@CFAHHF9&7AK&1LNBF@IDA9&7AK& ;ADFA9 & 7AK&2ED_9&4AOOF-Q\LOIL9&!@EJA&/FQLOJ 9 & *ADNEOH & h] & ff & f>6f & 7EDH@&0AOHDLQ & /QQIOEIF9&/OJILOL9&/EKL9&.IR@ISLO9&.IOOAFEHL9& 7ATDLF_L 9 & 7EDH@&$L_EHL 9 & "@IE9&%ECH@&$L_EHL9& ^IFREOFIO & Zf & fd & ]?6Y & 7EDH@KAFH & #QLF_L9&/JL@E9&.EOHLOL9&"DASEO9&^LF@IOSHEO 9 & ^-ENIOS & +h & Y? & h?6? & %ECH@ADO & #QLTLNL9&d & f+ & YV6Z & %ECH@KAFHADO & #D_LOFLF9&0EQEDLJE9&:LOFLF9&.IFFECDI9&7AK& .AMIRE9&"_QL@ENL9&)AMLF & >Y & YV & hV6? & ^AFHADO & #DIcEOL9&0LQIGEDOIL 9 & 1LKLII9&7A\LJL9&3HL@ & >h & Z] & hZ6Y & 7EOA & 7E& DAFBEOFA & + & > & h?6? & )EHLQ & & +Vh & YZY & !

PAGE 17

!"#$%&'(%%&)!#*('($ & +f & )@A&FHLHAF&KIH@&H@A&@IS@AFH & E\ADLQQ& DABDAFAOHLHIEO&GED&EGGADIOS&7).0&KADA&"@IE 9& 0LQIGEDOIL 9& 7AK&;ADFA9&LOJ& .LFFLR@CFAHHF6& "G&H@A&FHLHAF&KIH@&FCD\A-&BLDHIRIBLHIEO9& 'ECIFILOL9& $AQLKLDA9&LOJ&.IR@ISLO & @LJ& QEKAFH& DABDAFAOHLHIEO&GED&EGGADIOS&7).0 6& & WACD8=! I ! N"-,C-.3%831,-,"(3H88"&*+03@BGE 3 & "=6=98:E! RD=67A;B!J+!SE97!7F@=6!;T!B;B 2 789?+Ve&8LDDAHH9&>??Ve&;CR@OIAKIRc9&>??f[6& #F&FAAO&IO&)LTQA&+?9&SCIHLD9& NCFIR&HAR@OEQES-9&LOJ&BILOE&KADA&H@A&NEFH&GDAUCAOHQ-&EGGADAJ&7).09&K@ADALF& ,QCASDLFFoGIJJQIOS9&FLQFL9&LOJ&SLNAQLO&KADA&H@A&QALFH&EGGADAJ&7).06 & %ENA&BLDHIRIBLOHF& IOJIRLHAJ&lE H@AD9&BQALFA&FBARIG-m9&IORQCJIOS&C_CQAQA9&NCFIR&IO&GIQN9&LJLBHI\A&NCFIR9&LOJ&NCFIR& AMBQEDLHIEOF6 & ! )95?=!IX ! !"#$%&'($)*"+,-.%)%/0*"1%(1%( 2%3$.$4"56"7,89 ! "" #$%&'(')$*&+,-../%'*0,1234

PAGE 18

!"#$%&'(%%&)!#*('($ & +d & O&"P/"+5# 3 %83 @%+ 9 B&-'*,*%+-73G/(*53E%/&("(3H 88"&"' 3 & ! "=6=98:E!RD=67A;B!K+!SE97!:;HH;B9?A7A=6!=YA67!5=7Z==B!6:E;;?6!7E97!;TT=8! B;B 2 789h Yh Y] Yd h] fd d] +>Y ? >? Z? ]? d? +?? +>? +Z? %LQFL&(OFANTQA 8LNAQLO %HAAQ&JDCN&AOFANTQA ,QCASDLFFo
PAGE 19

!"#$%&'(%%&)!#*('($ & +V & %R@EEQ&$ANESDLB@IRF & 7).( & ).( & q&W7).( P ).([ & 3;HHDBA7F!-;@D?97A;B ! ! ! ! ! 'AFF&H@LO&> 9 h?? & +?6f` & >+6> ` & P +?6h` & ! > 9 h?? P ZV9VVV & h>6 ] ` & Z? 6 Z ` & p+>6>` & ! h?9??? P VV9VVV & + Y 6 d ` & + > 6 Y ` & p+6h` & ! +??9??? P >ZV9??? & +?6 f ` & ++6 ] ` & P ?6V` & ! 8DALHAD&H@LO&>h?9??? & + + 6 f ` & +Z6 h ` & P >6d` & ! 7E&DAFBEOFA & ?6h` & ?6?` & p?6h` & &7D<=B7!-;@D?97A;B ! & & & ! 'AFF&H@LO&+?? & ?6h` & +6 Z ` & P ?6V` & ! +?? P h?? & + f 6 V ` & Y > 6 V ` & P +h6?` & ! h?+ P +??? & Y + 6 + ` & > > 6]` & pd6h` & ! + 9 ??+ P > 9 h?? & Z? 6 Y ` & Y f 6 ? ` & pY6Y` & ! .EDA&H@LO&> 9 h?? & +?6 > ` & ] 6 + ` & pZ6+` & & )@ADA&KADA&FENA&FINIQLDIHIAF&TAHKAAO&7).(&LOJ&).(&DASLDJIOS&BDINLD-&IOFHDCNAOH9& AFBARILQQ-&IO&H@A&RLFA&EG&\ERLQIFHF&LOJ&EDR@AFHDLQ&FHDIOS&NCFIRILOF&W)LTQA&+>[6&^IOJ&NCFIRILOF& -IAQJAJ&NEDA&REOHDLFH9&KIH@&Yh6d`&EG&7).(&LOJ&Zf6>`&EG&).(&BQL-IOS&L&TDLFF&ED&KEE JKIOJ& IOFHDCNAOH6&7).(&KADA&LQFE&NEDA&QI_AQ-&HE&JARQLDA&BILOE&LOJ&BADRCFFIEO&LF&BDINLD-& IOFHDCNAOHF6&^IH@ECH&AMRABHIEO9&H@A&BLDHIRIBLOHF&K@E&JARQLDAJ&\ADOLRCQLD&IOFHDCNAOHF&FCR@&LF& SCIHLD9&TLFF9&JDCN&FAH9&ED&EH@AD&IOFHDCNAOHF&IO&L&\ADOLRCQLD&REOHAMH9&KADA& AJCRLHEDF&K@E&EGGADAJ& OEO P HDLJIHIEOLQ&NCFIR&BDESDLNNIOS&LH&H@AID&FR@EEQF6&"\ADLQQ9&OEO P HDLJIHIEOLQ&AJCRLHEDF&FAANAJ& NEDA&QI_AQ-&HE&BQL-&BADRCFFIEO9&BILOE9&ED&\ADOLRCQLD&IOFHDCNAOHF&H@LO&HDLJIHIEOLQ P NCFIR&AJCRLHEDF6& ! )95?=!I J ! 4&*C-D+(,&/C"+,3J#3@BG;32(Q3 BG; 3 3

PAGE 20

!"#$%&'(%%&)!#*('($ & >? & 4DINLD-&/OFHDCNAOH & 7).( & ).( & q & W7).( P ).([ & ,DLFF ! +h6h` ! >Y6]` ! P d6+` & "DR@AFHDLQ&%HDIOSF ! ++6]` & ++6>` & p?6Z` & ^EEJKIOJ ! >?6Y` & >Y6]` & P Y6Y` & 4ADRCFFIEO & ! d6>` & h6?` & pY6>` & *ERLQ & ! >V6?` & >V6d` & P ?6d` & *ADOLRCQLD ! Y6V` & ?` & pY6V` & 4ILOE ! V6f` & Z6Y` & ph6Z` & "H@AD ! +6V` & >6h` & P ?6]` & ! & %CD\A-&UCAFHIEOF&+d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r & %HLHANAOH & 7).( & ).( & q&W7).( P ).([ & + & 7EO P HDLJIHIEOLQ&NCFIR&AJCRLHIEO&IF&INBEDHLOH6 & Z6Z & Y6V & p?6h & > & /&LN&IOHADAFHAJ&IO&EGGADIOS&OEO P HDLJIHIEOLQ&NCFIR& RECDFAF&LH&N-&FR@EEQ6 & Y6V & Y6Z & p?6h & Y & .-&LJNIOIFHDLHIEO&KECQJ& FCBBEDH&LJJIHIEOLQ&OEO P HDLJIHIEOLQ&NCFIR&RECDFAF&LH&ECD&FR@EEQ6 & Z6+ & Y6> & p?6V & Z & .-&RENNCOIH-&KECQJ&FCBBEDH&LJJIHIEOLQ&OEO P HDLJIHIEOLQ&NCFIR&RECDFAF&LH&ECD&FR@EEQ6 & Z6? & Y6Z & p?6] & h & .-&FHCJAOHF&KECQJ&TA&IOHADAFHAJ&IO&LJJIHIEOLQ&OEO P HDLJIHIEOLQ&NCFIR& RECDFAF6 & Z6? & Y6] & p?6Z & ] & .-&COJADSDLJCLHA&HDLIOIOS&BDABLDAJ&NA&HE&HALR@& OEO P HDLJIHIEOLQ&NCFIR&RECDFAF6 & >6Z & >6+ & p?6Y & f & .-&BADFEOLQ&AMBADIAORAF&LF&L&NCFIRILO&BDABLDAJ&NA& HE&HALR@&OEO P HDLJIHIEOLQ&NCFIR&RECDFAF6 & Y6] & >6d & p?6d & & & & & &

PAGE 21

!"#$%&'(%%&)!#*('($ & >+ & r & %HLHANAOH & 7).( & ).( & q&W 7).( P ).([ & d & /&AObE-&HD-IOS&OAK&H@IOSF6 & Z6> & Z6? & p?6> & V & /OIHILHIOS&L&OAK&OEO P HDLJIHIEOLQ&NCFIR&RECDFA&LH&N-& FR@EEQ&KECQJ&TA&ALF-6 & Y6? & >6> & p?6d & +? & #RRENNEJLHIEOF&DAQLHAJ&HE&H@A&0"*/$ P +V& BLOJANIR&BDENEHAJ&H@A&CFA&EG&OEO P HDLJIHIEOLQ& BAJLSESIAF&IO&N-& RQLFFAF6 & Y6> & Y6? & p?6> & ++ & #RRENNEJLHIEOF&DAQLHAJ&HE&H@A&0"*/$ P +V& BLOJANIR&IOGQCAORAJ&H@A&EGGADIOS&EG&LJJIHIEOLQ&OEO P HDLJIHIEOLQ&NCFIR&RECDFAF&LH&N-&FR@EEQ6 & >6h & >6+ & p?6Z & ! %CD\A-&UCAFHIEO&+V&LF_AJ&BLDHIRIBLOHF&HE&DLHA&H@AID&BADRABHIEOF&EG&H@A& TLDDIADF&BDA\AOHIOS& H@AN&GDEN&EGGADIOS&LJJIHIEO&7).0&LH&H@AID&FR@EEQF6&/O&DAFBEOFA&HE&ALR@&EG&H@A&FA\AO&FHLHANAOHF9& ).(&IOJIRLHAJ&H@LH&H@A-&BADRAI\AJ&ALR@&LF&NEDA&EG&L&TLDDIAD&H@LO&H@AID&7). ( & RECOHADBLDHF&WFAA& )LTQA&+Z[6&^@IQA&H@ADA&KLF&QAFF&REOHDLFH&TAHKA AO&7).(&LOJ&).(gF&BADRABHIEOF&EG&TLDDIADF9& ).(&IOJIRLHAJ&H@LH&HDLIOIOS&Wp?6h[9&FHCJAOH&IOHADAFH&Wp?6Z[9&LOJ&TCJSAHIOS&Wp?6Y[&KADA&QLDSAD& TLDDIADF&LH&H@AID&FR@EEQF6&,EH@&SDECBF&EG&AJCRLHEDF&IOJIRLHAJ&H@LH&NCFIR&HALR@AD&RECDFA&QELJ&LOJ& FHCJAOH&RECDFA&FR@AJCQ IOS&KADA&H@A&QLDSAFH&ETFHLRQAF&GED&EGGADIOS&LJJIHIEOLQ&7).06 & )95?=!IM ! 4"&5"*2"'3L-&&*"&(3,%3H88"&*+03@BG E3J#3@BG;3-+'3BG; ! 4EHAOHILQ&,LDDIADF & 7).( & ).( & ,CJSAHIOS & Y6] & Y6V & .CFIR&HALR@AD&RECDFA&QELJ & Z6Y & Z6h & %HCJAOHF&RECDFA&FR@AJCQIOS & Z6Y & Z6Z & )DLIOIOS & Y6> & Y6f & %HCJAOH&IOHADAFH & >6d & Y6> & )ALR@AD&IOHADAFH & >6V & Y6+ & ! ! !ASLDJIOS&EH@AD&BADRAI\AJ&TLDDIADF9&7).(&IOJIRLHAJ&H@LH&RENBAHIHIEO&KIH@&EH@AD&RECDFAF& LOJ&FHLGGIOS&RDALHAJ&LJJIHIEOLQ&@CDJQAF6&).(&IOJIRLHAJ&H@LH&GLRIQIHIAF9&FHLGGIOS9&RENBAHIHIEO&KIH @&

PAGE 22

!"#$%&'(%%&)!#*('($ & >> & EH@AD&RECDFAF9&LOJ&H@A&BEHAOHILQ&EG&7).0&HE&FCTHDLRH&GDEN&HDLJIHIEOLQ&BDESDLNNIOS&LF&EH@AD& BDINLD-&REORADOF6&#JJIHIEOLQQ-9&FENA&).(&IOJIRLHAJ&H@LH&H@A-&@LJ&OE&BADFEOLQ&JAFIDA&HE&LJJ& LJJIHIEOLQ&RECDFAF&LOJ&H@LH&JEIOS&FE&RECQJ&FBDALJ&FHCJAOHF&LOJ&FHLGG&HEE & H@IO6& & & =CAFHIEO&>?&BDE\IJAJ&BLDHIRIBLOHF&KIH@&L&R@LORA&HE&LJJ&LJJIHIEOLQ&RENNAOHF&EO&H@A&FHLHCF& EG&OEO P HDLJIHIEOLQ&NCFIR&BDESDLNNIOS&IO&H@AID&FR@EEQF6&(JCRLHEDF&K@E&HLCS@H& 7).0&BDE\IJAJ& h]&DAFBEOFAF&LOJ&AJCRLHEDF&K@E&JIJ&OEH&HALR@&7).0&BDE\IJAJ&>f&DAFBEO FAF6& .LO-&BLDHIRIBLOHF& K@E&LOFKADAJ&UCAFHIEO&>?&DAFHLHAJ&TLDDIADF&LOJ&EGGADIOSF&GDEN&BDIED&UCAFHIEOF6&"H@AD&BLDHIRIBLOHF& BDE\IJAJ&LJJIHIEOLQ&FCBBEDH&GED&7).0e& RENNAOHF & LTECH&H@A&DAFALDR@ & IHFAQG e&LOJ&FCBBEDH&GED& 7).0&K@AO&H@A-&FCBBQANAOH&).(6 & & )95?=!IN ! E%'"'3H."+3:"(.%+("3M+($"&(3J#3@BG;32(Q3BG; 3 "BAO&!AFBEOFAF & 7CNTAD&EG&!AFBEOJAOHF & @BG; 3 BG; 3 0EORADOF<ECH&DAFALDR@ & & + & h & !AFHLHIOS&TLDDIADF&H@LH&LQISO&KIH@&UCAFHIEO&+d & +d & +? & !AFHLHIOS&7).&EGGADIOSF&H@LH&LQISO&KIH@&UCAFHIEO&+h & +f & Y & %CBBEDH&GED&7).&KIH@&REORADOF<ECH&HDLJIHIEOLQ&BDESDLNNIOS & Y & + & 3OAUCI\ERLQ&FCBBEDH&GED&7). & +Y & + & 0ENNAOHF&EO&DAFHDCRHCDIOS&HE&GCDH@AD&FCBBEDH&7). & Y & + & 8AOADLQ&FCBBEDH&GED&7).&KIH@&TLDDIADF&TA-EOJ&H@A&FREBA&EG& UCAFHIEO& +V & ? & & + & %CBBEDH&GED&HDLJIHIEOLQ&BDESDLNNIOS & ? & Z & $AGIOIOS&H@A&AMBADIAORAJ&KEAF&EG&7).( & > & + & ! 'AHA797A;B6 ! & ,ARLCFA& H@A&FCD\A-& BLDHIRIBLHIEO&DLHA & KLF & +6d` 9&H@IF& DAFALDR@ & JEAF&OEH&DA\ALQ&LO& IOFHDCRHI\A&RLCFLHI\A&BDERAFF&LH&KED_&IO&NCFIR&AJCRLHIEO 6&)@CF9&H@AFA&GIOJIOSF&LDA&COLTQA&HE&

PAGE 23

!"#$%&'(%%&)!#*('($ & >Y & SAOADLQIcA&H@A&FHLHCF&EG&7).06&#JJIHIEOLQQ-9&TARLCFA&EG&FCR@&QINIHLHIEOF9&HAFHF&KADA&OEH&DCO&HE& DA\ALQ&FHLHIFHIRLQ&FISOIGIRLORA6& & )@ECS@&H@A&IO IHILQ&FCD\A-&IO\IHLHIEO&KLF&EBAOAJ&T-&]9ZY>&BEHAOHILQ&BLDHIRIBLOHF&LOJ&H@A& FAREOJ&KLF&EBAOAJ&T-&]9+h+&BEHAOHILQ&BLDHIRIBLOHF9&NEFH&DARIBIAOHF&JIJ&OEH&TASIO&H@A&FCD\A-&LGHAD& EBAOIOS&H@A&ANLIQ6&)@A&FCD\A-&QLCOR@&LOJ&DANIOJAD&KADA&TEH@&FAOH&EO&
PAGE 24

!"#$%&'(%%&)!#*('($ & >Z & )@A&IORQCFIEO&EG&TEH@&DER_&TLOJ&LOJ&BEBCQLD&NCFIR&AOFANTQA&LOJ&H@A&AMRQCFIEO&EG& NEJADO&TLOJ&WFAA&UCAFHI EO&+h&IO&#BBAOJIM&#[9&JIJ&OEH&LQQEK&GED&H@IF&FCD\A-&HE&BLIOH&LO&LRRCDLHA& BIRHCDA&EG&H@AFA&H-BAF&EG&AOFANTQAF6&^@IQA&H@ADA&NL-&TA&FCTHQA&JIGGADAORAF&TAHKAAO&H@A&H@DAA& EGGADIOSF9&REOFEQIJLHIOS&H@AN&IOHE&H@A&FLNA&RLHASED-&KECQJ&@L\A&DA\ALQAJ&L&@IS@AD&QA\AQ&EG & BEBCQLDIH-&GED&H@IF&H-BA&EG&RECDFA6& %INIQLDQ-9&F ENA&IFFCAF&EG&RQLDIH-& RECQJ&TA & H@A&DAFCQH&EG& IOREOFIFHAORIAF&IO& H@A& QLOSCLSA& CFAJ&KIH@IO & H@A&GIAQJ&EG&NCFIR&AJCRLHIEO6 & %A6:D66A;B ! -989??=?6!SA7E! -8A;8!"=6=98:E ! )@A&DAFCQHF&EG&H@IF&FHCJ-&BLDLQQAQAJ&BDIED& DAFALDR@&IO&FA\ADLQ&KL-F6&)@ECS@&H@A&3OIHAJ& %HLHAF&REOHIOCAF&HE&JI\ADFIG-9&H@A&JANESDLB@IRF&EG&H@A&BLDHIRIBLOHF&IO&H@IF&FHCJ-&DAFANTQAJ&H@LH&EG& L&JARLJA&BDIED&W(QBCF&a&#TDIQ9&>?++[6&)@A&L\ADLSA&@IS@&FR@EEQ&NCFIR&AJCRLHED&REOHIOCAJ&HE&TA& BDAJENIOLOHQ-&^@IHA 9&OEH&1IFBLOIRo'LHIOE9&LOJ&@LJÐLIOAJ&L&SDLJCLHA P QA\AQ&JASDAA6&#F& JIFRE\ADAJ&BDA\IECFQ-&W#TDIQ&a&8LCQH9&>??de&0EQUC@ECO9&>?+Ve&.LHH@AKF&a&:EOAD9&>?+f[9&NEFH& BLDHIRIBLOHF&WVV6V`[&EGGADAJ&HDLJIHIEOLQ&NCFIR&RECDFAF&FCR@&LF&TLOJ9&EDR@AFHDL9&LOJ&R@EDCF6& 8LDDA HH&W>??V[&LOJ&;CR@OIAKIRc&W>??f[&GECOJ&H@LH& HALR@A DF&BDAGADDAJ& HE&EGGAD& 7).0&H@LH&KADA& NEFH&GLNIQILD&HE&H@AN9&FCR@&LF&L&SCIHLD&ED&BILOE 9&K@IR@ & 0EQUC@ECO&W>?+V[& FCTFAUCAOHQ-& GECOJ& HE& TA & LNEOS&H@A&NEFH&EGGADAJ&7).06&4LDHIRIBLOHF&IO&H@IF&FHCJ-& LQFE & IOJIRLHA J & H@LH&SCIHLD&LOJ&BILOE& KADA&H@A&NEFH&EGGADAJ&7).06& 'LFHQ-9& AJCRLHEDF&K@E&EGGADAJ&7).0&KADA&SAOADLQQ-&NEDA&QI_AQ-& HE&LSDAA&H@LH&H@AID& LJNIOIFHDLHIEO F 9&RENNCOIH IAF 9&LOJ& F HCJAOHF& KECQJ& FCBBEDH&H@A&LJJIHIEO&EG& 7). 09&LOJ&H@LH&H@A&IOIHILHIEO&EG&FCR@&RECDFAF&KECQJ&TA&ALF-6& & ,EH@&SDECBF&EG&AJCRLHEDF&IOJIRLHAJ&H@LH&FHCJAOH&LOJ&HALR@AD&RECDFA&QELJF&KADA&H@A& BDINLD-&TLDDIADF&HE&EGGADIOS&OAK&BDESDLNNIOS9&K@IR@&BLDLQQAQAJ&BDIED&DAFALDR@&EO&NCFIR& HALR@ADgF&BADRABHIEOF&EG&7). 0& W8LDDAHH9&>??Ve&;CR@OAIKIRc9&>??f[ 6&.LO-&AJCRLHEDF&LQFE&

PAGE 25

!"#$%&'(%%&)!#*('($ & >h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cAOF&EG&AJCRLHEDF&H@LH&BDE\IJAJ&COAUCI\ERLQ&FCBBEDH&GED& 7).06&.LO-&BLDHIRIBLOHF&IOJIRLHAJ&L&JAFIDA&HE&EGGAD&NEDA&7).0&LOJ&DARESOIcAJ&IHF&INBEDHLORA& IO&H@A&R@LOSIOS&QLOJFRLBA& EG&NCFIR&AJCRLHIEO6&.LO-&EG&H@AFA&AJCRLHEDF&F@LDAJ&AMBADIAORAF& IOIHILHIOS&7).09&AMRIHAJ&HE&JAFRDITA&H@A&INBLRHF&H@LH&H@AFA&RECDFAF&@L\A&@LJ&EO&H@AID&FHCJAOH& BEBCQLHIEOF&LOJ&NCFIR&BDESDLNF6&%A\ADLQ&BLDHIRIBLOHF&ANLIQAJ&NA&HE&LF_&GED&JIDARH&CBJLHAF&EO&H@A& DA FCQHF&EG&H@A&FHCJ-6& ! /=Z!.B6ACE76 ! "OQ-&LDECOJ&Yh P Z?`&EG&TEH@&SDECBF&EG&AJCRLHEDF&IOJIRLHAJ&H@LH&H@A&0"*/$ P +V&BLOJANIR& BDENEHAJ&OEO P HDLJIHIEOLQ&BAJLSESIAF&IO&H@AID&NCFIR&RQLFFAF6&,EH@&).(&LOJ&7).(&JIFLSDAAJ&H@LH& FCR@&BAJLSESIAF&IOGQCAORAJ&H@A&IOIHILHIEO&EG& OAK&7).06&)@IF&IF&FCDBDIFIOS&REOFIJADIOS&H@A& OCNTAD&EG&OAK&BAJLSESIAF&H@LH&KADA&NLJA&L\LIQLTQA&IO&DAFBEOFA&HE&H@A&BLOJANIR6&)@A&JDLFHIR&

PAGE 26

!"#$%&'(%%&)!#*('($ & >] & F@IGH&IO&@EK&NCFIR&AJCRLHIEO&KLF&HDLOFNIHHAJ&H@DECS@ECH&H@A&ALDQ-&BLOJANIR&@LJ&H@A&BEHAOHILQ&HE& QALJ&HE&BEKADGCQ&R@LOSAF & IO&IOFHDCRHIEO&LOJ&RCDDIRCQCN6&)@A&BLOJANIR&JIJ&OEH&LBBALD&HE&F@IGH& BLDHIRIBLOHFg&BAJLSESIRLQ&ED&RCDDIRCQLD&LBBDELR@AF&HE&HALR@IOS&NCFIR6& & ! ! .EFH&AJCRLHEDF&K@E&EGGADAJ&7).0&IOJIRLHAJ&H@LH&+ P +?`&EG&H@AID&HEHLQ&FR@EEQ& BEBCQLHIEOF&KADA&AODEQQAJ&IO&7).06&)@AF A&KADA&FHCJAOHF&EH@AD&H@LO&H@A&>? P Y?`&AODEQQAJ&IO& ).06&)@IF&@LDJQ-&AOSLSAF&H@A&DANLIOIOS&f? P d?`&OEH&AODEQQAJ&IO&).0&W^IQQILNF9&>?++[6&/H&IF& OEH&RQALD&K@LH&BDA\AOHF&7).0&GDEN&AOSLSIOS&NEDA&FHCJAOHF6&7A\ADH@AQAFF9&IG&L&NLbED&ETbARHI\A& EG&7).&IF&HE&IO\EQ\A&NE DA&FHCJAOHF9&H@A&NEJAQ&GED&7).&DABDAFAOHAJ&IO&H@IF&FHCJ-&EOQ-&LRRECOHF& GED&LOEH@AD&+?`&EG&BLDHIRIBLHIEO6&)@IF&QAL\AF&]? P f?`&EG&FHCJAOHF&COAOSLSAJ&KIH@&RCDDIRCQLD& EGGADIOSF6& & & ?+V[& GECOJ&H@LH&SCIHLD9&BILOE9&LOJ&NCFIR&LBBDARILHIEO&KADA&H@A&NEFH&EGGADAJ&7).06&^@IQA&SCIHLD&LOJ& BILOE&KADA&LNEOS&H@ A&NEFH&EGGADAJ&RECDFAF&IO&H@IF&FHCJ-9&OALDQ-&ZZ`& EG&H@A&BLDHIRIBLOHF&IO&H@A&

PAGE 27

!"#$%&'(%%&)!#*('($ & >f & RCDDAOH&FHCJ-&IOJIRLHAJ&H@LH&H@A-&HLCS@H&NCFIR&HAR@OEQES-&RQLFFAF9&JECTQA&H@A&BDEBEDHIEO&DABEDHAJ& T-&0EQUC@ECO&W>?+V[6&8I\AO&H@A&FINIQLD&NAH@EJEQES-&LOJ&FLNBQA&TAHKAAO&0EQUC@ECOjF& FHCJ-& LOJ&H@A&BDAFAOH&EOA9&H@IF&NL-&BDE\IJA&LO&IOJIRLHIEO&EG&L&FCTFHLOHILQ&IORDALFA&IO&NCFIR&HAR@OEQES-& RECDFAF&OLHIEOKIJA6 & )@ECS@&NLO-&AJCRLHEDF&KADA&OACHDLQ&LF&HE&K@AH@AD&H@A&BLOJANIR&IOFBIDAJ& OAK&BAJLSESIAF&LOJ&SAOADLQQ-&JIFLSDAAJ&H@LH&IH&IOFBIDAJ&OAK&R ECDFAF9&HAR@OEQES-&CFA&KLF& DAUCIDAJ&EG&NLO-&NCFIR&BDESDLNF&H@DECS@ECH&H@A&F@CHJEKOF&DAQLHAJ&HE&H@A&ALDQ-&BLOJANIR6&%CR@& CFA&IO&REObCORHIEO&KIH@&H@A&L\LIQLTIQIH-&EG&GDAA&LOJ&JIFRECOHAJ&JISIHLQ&LCJIE&KED_FHLHIEOF&LOJ& NCFIR&QALDOIOS&FEGHKLDA&NL-&@L\A&REOHDITC HAJ&HE&H@A&BEHAOHILQ&DIFA&IO&NCFIR&HAR@OEQES-&RECDFAF6&
PAGE 28

!"#$%&'(%%&)!#*('($ & >d & NIS@H&DA\ALQ&K@ADA&NCFIR&FHCJAOHF&NIS@H&IOFHIHCHIEOLQQ-&LRUCIDA&H@A&F_IQQF&HE&EGGAD&7).06&'LFHQ-9& L&FHCJ-&EG&NCFIR&HALR@AD&AJCRLHEDFg&BADRAI\AJ<IQIH-&HE&nIOHDLBLOACDg&HE&JA\AQEB&OAK&BAJLSESIAF& LOJ&RCDDIRCQCN&HE&BDABLDA&FHCJAOHF&HE&REOHIOCLQQ-& LJLBH&HE&A\AD P R@LOSIOS&RIDRCNFHLORAF&LOJ& REOHAMHF&KECQJ&@AQB&HE&BIOBEIOH&H@A&TLDDIADF&HE&NCFIR&HALR@AD&AJCRLHIEO&DAGEDN&W1LOFEO9&>?+f[6& & #H&H@A&\AD-&QALFH9&H@IF&FCD\A-&RECQJ&TA&DALJNIOIFHADAJ&LSLIO&QLHAD&HE&IORDALFA&DAQILTIQIH-9& IO\AFHISLHA&HDAOJF9&LOJ&DAA MLNIOA&H@A&FHLHCF&EG&7).06 & 3;B:?D6A;B & )DLJIHIEOLQ&NCFIR&RECDFAF&@L\A&NCR@&HE&EGGAD9&TCH&JE&OEH&LQISO&KIH@&H@A&\LQCAF&LOJ& BDAGADAORAF&EG&LQQ&FHCJAOHF6& )@A&KL-&NCFIR&IF&LRRAFFAJ&LOJ&IOHASDLHAJ&IOHE&JLIQ-&QIGA&@L F & R@LOSAJ& FISOIGIRLOHQ-& IO&DARAOH& JARLJAF9&F@IGHIOS&H@A&OLHCDA&EG&NCFIR&IHFAQG & LOJ&DAUCIDIOS & L & DA P AMLNIOLHIEO& EG&K@LH&LOJ&@EK&NCFIR&IF&HLCS@H&IO&ECD&FR@EEQF 6& 7 EO P HDLJIHIEOLQ&EBHIEOF&NIS@H&BDE\IJA&RCDDIRCQLD& EBBEDHCOIHIAF&H@LH&DAFEOLHA&KIH@&FHCJAOHF&K@E&NIS@H&TA&EH@ADKIFA&JIFAOSLSAJ6&)E&BDE\IJA&L&KIJAD& \LDIAH-&EG&NCFIR&RECDFA&EGGADIOSF9&NCFIR&HALR@ADF&NIS@H&TAOAGIH&T-&LRUCIDIOS&H@A&F _IQQF&HE& REOHIOCLQQ-&SLDOAD&OAK&AMBADIAORAF&LOJ&IOOE\LHA&H@DECS@ECH&H@AID&RLDAADF6& & )@ECS@&/&JIJ&OEH&JIDARHQ-&IO\AFHISLHA&BLDHIRIBLOHgF&BADRABHIEOF&EG&IOHDLBLOACDIOS&LOJ&IHF& DEQA&IO&H@A&JA\AQEBNAOH&EG&7).0&W1LOFEO9&>?+f[9&H@ADA&KLF&FHIQQ&L&REOOARHIEO&TAHKA AO&HALR@AD& AMBADIAORA&LOJ&IOOE\LHIEO6&#RRAFF&HE&H@A&F_IQQFAH&EG&IOHDLBLOACDIOS&REOHIOCAF&HE&LBBALD& IOREOFIFHAOH&LOJ&F@ECQJ&OEH&TA&DAFAD\AJ&GED&AJCRLHEDF&KIH@&FBARIGIR&JANESDLB@IRF&ED&F_IQQFAHF6& )ALR@AD&AJCRLHIEO&BDESDLNF&RLO&BDE\IJA&GCHCDA&AJCRLHEDF&KIH@&H @A&F_IQQFAHF&HE&TA&GQAMITQA9&LJLBH9& LOJ&IOHDLBLOACD&KIH@IO&H@A&F@IGHIOS&QLOJFRLBAF&H@A-&KIQQ&QI_AQ-&AORECOHAD&H@DECS@ECH&L&RLDAAD&IO& AJCRLHIEO6& & & & & &

PAGE 29

!"#$%&'(%%&)!#*('($ & >V & "=T=8=B:=6 ! ! #TDIQ9&06&!69&a&8LCQH9&,6&.6&W>??d[6&)@A&FHLHA&EG&NCFIR&IO&FAREOJLD-&FR@EEQF5&)@A&BDIORIBLQgF& BADF BARHI\A6& S%/&+-73%83:"("-&5<3*+3G/(*53;'/5-,*%+=3TU W+[9&]d P d+6& @HHBF5ooJEI6EDSo+?6++ffo??>>Z>VZ?dY+fh+] & 0LHHADLQQ9&;69&$CNLIF 9&%69&a&1LNBJAO P )@ENBFEO9&86&W>?+>[6& B<"3-&,(3-+'3-5<*"2"C"+,3*+3-, 9 &*(V3 #%/,<)3O*+'*+0(38&%C38%/&37%+0*,/'*+-7Q3 7LHIEOLQ&(OJEKNAOH&GED&H@A&#DHF6& @HHBF5ooKKK6LDHF6SE\oFIHAFoJAGLC QHoGIQAFo#DHF P #H P !IF_ P 2ECH@6BJG & 0EQUC@ECO9&%6&(6&W>?+V[6& M3(/&2"#3%83*+ 9 ("&2*5"3C/(*53,"-5<"&3.&".-&"'+"((38%&3,"-5<*+03+%+ 9 ,&-'*,*%+-73C/(*535%/&("(3-+'3"+("CJ7"(3*+3("5%+'-&# 9 7"2"73(5<%%7( & s3OBCTQIF@AJ& JERHEDLQ&JIFFADH LHIEOt6&#CTCDO&3OI\ADFIH-6 & 0QLC@F9&.69&a&0DANLHL9&!6&W>?>?[6&%HCJAOH&\EIRA&LOJ&R@EIRA&IO&NEJADO&TLOJ&RCDDIRCQCN& JA\AQEBNAOH6& S%/&+-73%834%./7-&3G/(*53;'/5-,*%+=3W W+[9&+?+ P ++]6& @HHBF5ooJEI6EDSo+?6+Yd]obBNAu ???+]u+ & $LNNADF9&!6&;6&W>??V[6&#&FCD\A-&EG&HAR@OEQESP TLFAJ&NCFIR&RQLFFAF&IO&7AK&;ADFA-&@IS@&FR@EEQF6& E%+,&*J/,*%+(3,%3G/(*53;'/5-,*%+=3XU W>[9&>h P ZY6& & $LNNADF9&!6&;6&W>?+>[6&)AR@OEQESP TLFAJ&NCFIR&RQLFFAF&IO&@IS@&FR@EEQF & IO&H@A&3OIHAJ&%HLHAF6& L/77",*+3%83,<"3E%/+5*738%&3:"("-&5<3*+3G/(*53;'/5-,*%+=3YZW 9&fY P V?6& @HHBF5ooJEI6EDSo+?6hZ?]oTCQRECDAFNCFAJC6+VZ6??fY & (QBCF9&:69&a&#TD IQ9&06&!6&W>?++[6&1IS@&FR@EEQ&NCFIR&AOFANTQA&FHCJAOHF&IO&H@A&3OIHAJ&%HLHAF5&#& JANESDLB@IR&BDEGIQA6& S%/&+-73%83:"("-&5<3*+3G/(*53;'/5-,*%+=3TZ W>[9&+>d P +Zh6& @HHBF5ooJEI6EDSo+?6++ffo??>>Z>VZ++Z?h>?f & 8LDDAHH9&.6&'6&W>??V[6&#O&AMLNIOLHIEO&EG&@IS@&FR@EEQ&R@EDCF&JIDARHEDFg&LHHIHCJAF&HEKLDJ&OEO P HDLJIHIEOLQ&NCFIR&RQLFFAF6& :"("-&5<34"&(."5,*2"(3*+3G/(*53;'/5-,*%+=3YX Wf[9&+h P >+6& &

PAGE 30

!"#$%&'(%%&)!#*('($ & Y? & 1LOIOS9&.69&a&)DLR-9&(6&;6&W>?+d[6&l)@A-&LQQ&REN A&ECH&EG&IH&KIH@&FENAH@IOSm5&0ENNEOLQIHIAF& LNEOS&FAREOJLD-&OEO P BADGEDNLORA&NCFIR&RECDFAF6& [*(*%+(3%83:"("-&5<3*+3G/(*53 ;'/5-,*%+=3X\Q 3 1LOFEO9&;6&W>?+f[6& (MBQEDIOS&DAQLHIEOF@IBF&TAHKAAO&: P +>&NCFIR&AJCRLHEDFg&JANESDLB@IRF9& BADRABHIEOF&EG&IOHDLBDAOACDIOS9&LOJ&NEHI\LHIEO&LH&KED_6& S%/&+-73%83:"("-&5<3*+3G/(*53 ;'/5-,*%+=3UT WY[9&Y?V P Y>f6 & @HHBF5ooJEI6EDSo+?6++ ffo??>>Z>VZ+ff>>Vdh & 1AKIHH9&.6&469&a&)@ENBFEO9&'6&:6&W>??][6&#&FCD\A-&EG&NCFIR&HALR@AD&AJCRLHEDFg&BDEGAFFIEOLQ& TLR_SDECOJF9&DAFBEOFITIQIHIAF&LOJ&JANESDLB@IRF6& L/77",*+3%83,<"3E%/+5*738%&3:"("-&5<3*+3 G/(*53;'/5-,*%+=3Y]^= 3 Zf P ]+6 & ;EOAF9&46&.6&W>??][6&!AHCDOIOS&NCFIR&AJCRLHIEO&HE&H@A&NLIOFHDALN5&!AREOOARHIOS&KIH@&H@A& RENNCOIH-6& [*(*%+(3%83:"("-&5<3*+3G/(*53;'/5-,*%+=3] 9&+ P +V6& & ;CR@OIAKIRc9&;6&W>??f[6&,LOJ&JIDARHEDFg&BDAGADAORAF&LOJ&LHHIHCJAF&EO&H@A&INBQANAOHLHIEO&EG&OEO P HDLJ IHIEOLQ&NCFIR6& :"("-&5<34"&(."5,*2"(3*+3G/(*53;'/5-,*%+=3YY W][9&+ P ++6& & :AQQ-9&%6&769&a&*ADEOAA9&:6&W>?+V[6&1IS@&FR@EEQ&FHCJAOHFg&BADRABHIEOF&EG&OEOHDLJIHIEOLQ&NCFIR& RQLFFAF6& L/77",*+3%83,<"3E%/+5*738%&3:"("-&5<3*+3G/(*53;'/5-,*%+=3\YZ=3 ff P dV6& @HHBF5ooJEI6EDSo+?6hZ?]oTCQRECDAFNCFAJC6>+V6??ff & :IOOA-9&$6&^6&W>?+d[6&%AQARHAJ&OEONCFIR&BDAJIRHEDF&EG&CDTLO&FHCJAOHFg&JA RIFIEOF&HE&AODEQQ&LOJ& BADFIFH&IO&NIJJQA&LOJ&@IS@&FR@EEQ&NCFIR&AOFANTQA&AQARHI\AF6& S%/&+-73%83:"("-&5<3*+3G/(*53 ;'/5-,*%+=3T] WZ[9&YYZ P Yh?6& @HHBF5ooJEI6EDSo+?6++ffo??>>Z>VZ?VYh??d] & .LJFAO9&06 & :9&a&:AQQ-9&%6&76&W>??>[6&Y P YY>6& @HHBF5ooJEI6EDSo+?6>Y?foYYZhYhd &

PAGE 31

!"#$%&'(%%&)!#*('($ & Y+ & .LHH@AKF9&^6&:69&a&:EOAD9&:6&W>?+f[6&#&FCD\A-&EG&AQANAOHLD-&LOJ&FAREOJLD-&NCFIR&AJCRLHEDFg& BDEGAFFIEOLQ&TLR_SDECOJ9&HALR@IOS&DAFBEOFITIQIHIAF&LOJ&bET&FLHIFGLRHIEO&IO&H@A&3O IHAJ& %HLHAF6& :"("-&5<3_3D((/"(3*+3G/(*53;'/5-,*%+=3YX W+[9&+ P >h6& & %HAKLDH9&06&W+VV+[6& K<%3,-V"(3C/(*5`3D+2"(,*0-,*+03-55"((3,%3<*0<3(5<%%73C/(*53-(3-38/+5,*%+3%83 (%5*-73-+'3(5<%%738-5,%&( & W4CTQIRLHIEO&7E6&V>?d]]?[&s$ERHEDLQ&JIFFADHLHIEO9&3OI\ADFIH-&EG& .IR@I SLOt6&4DE=CAFH&$IFFADHLHIEOF&4CTQIF@IOS6&& & )LAHQA9&'6&W+VVV[6&)@A&DAQLHIEOF@IB&TAHKAAO&GIOA&LDHF&BLDHIRIBLHIEO&LOJ&JLIQ-&FR@EEQ&LHHAOJLORA&LH& H@A&FAREOJLD-&QA\AQ6& E%+,&*J/,*%+(3,%3G/(*53;'/5-,*%+=3\U W+[9&h? P ]]6& & ^IQQILNF9&$6&W>?++[6&)@A&AQAB@LOH&IO&H@A& DEEN6& G/(*53;'/5-,%&(3S%/&+-7=3Za W+[9&h+ P hf6& @HHBF5ooJEI6EDSo+?6++ffo??>fZY>+++Z+hhYd & ! & & &

PAGE 32

!"#$%&'(%%&)!#*('($ & Y> & $@@=B=?=<+!%89T7!RD=67A;B6 ! )=9:E=8!<=H;C89@EA:6+! ! +6 ! (H@OIRIH-5& & o ! 1IFBLOIR&ED&'LHIOE & o ! 7EH&1IFBLOIR&ED&'LHIOE & o ! 4DAGAD&OEH&HE&LOFKAD & & & >6 ! !LRA&WFAQARH&LQQ&H@LH&LBBQ-[5 & o ! #NADIRLO&/OJILO&ED&#QLF_L&7LHI\A& & o ! #FILO & o ! ,QLR_&ED&#GDIRLO&#NADIRLO & o ! 7LHI\A&1LKLIILO&ED&"H@AD&4LRIGIR&/FQLOJAD & o ! ^@IHA & o ! "H@AD9&BQALF A&FBARIG-5& & o ! 4DAGAD&OEH&HE&LOFKAD & & Y6 ! /&FAQG P IJAOHIG-&LF5 & o !
PAGE 33

!"#$%&'(%%&)!#*('($ & YY & o ! *ADOLRCQLD&WSCIHLD9&TLFF9&JDCN&FAH9&AHR6&/G&-EC&BQL-&BILOE&ED&FIOS&IO&L&BDINLDIQ-& \ADO LRCQLDoREOHANBEDLD-&REOHAMH9&BQALFA&R@EEFA&H@IF&EBHIEO[ & o ! "H@AD9&BQALFA&FBARIG-5 & & &:E;;?!<=H;C89@EA:6+ ! d6 ! ^@IR@&EG&H@A&GEQQEKIOS&TAFH&JAFRDITAF&H@A&BEBCQLHIEO&EG&H@A&RENNCOIH-&-EC&HALR@&IOi & o ! 'AFF&H@LO&>9h??&BAEBQA & o ! >9h?? P ZV9VVV&BAEBQA & o ! h?9??? P VV9VVV&BAEBQA & o ! +??9??? P >ZV9???&BAEBQA & o ! 8DALHAD&H@LO&>h?9???&BAEBQA & & V6 ! ^@LH&FHLHA&ED&36%6&HADDIHED-&IF&-ECD&QERLHAJ&FR@EEQ&IOi& & & +?6 ! #BBDEMINLHAQ-&@EK&NLO-&FHCJAOHF&LHHAOJ&-ECD&FR@EEQi& & o ! 'AFF&H@LO&+??&FHCJAOHF & o ! +?? P h??&FHCJAOHF & o ! h?+ P +???&FHCJAOHF & o ! +??+ P >h??&FHCJAOHF & o ! .EDA&H@LO&>h??&F HCJAOHF & & ++6 ! /ORQCJIOS&-ECDFAQG9&@EK&NLO-&GCQQ P HINA&NCFIR&AJCRLHEDF&HALR@&IO&-ECD&FR@EEQi & & +>6 ! ^@LH&BADRAOHLSA&EG&H@A&HEHLQ&FR@EEQ&FHCJAOH&BEBCQLHIEO&IF&AODEQQAJ&IO&NCFIR&JCDIOS&H@A&FR@EEQ& JL-i&/G&-EC&JEOgH&_OEK9&SCAFF6& 3 o ! + P +?` 3 o ! ++ P >?` 3 o ! >+ P h?` 3 o ! h+ P fZ` 3 o ! fh`&ED& LTE\A 3 & -8;C89HHABC![D=67A;B6+ ! +Y6 ! ^@LH&HDLJIHIEOLQ&NCFIR&RECDFAF&LDA&EGGADAJ&LH&-ECD&FR@EEQi&0@AR_&LQQ&H@LH&LBBQ-5& & o ! ,LOJ & o ! "DR@AFHDLo%HDIOSF & o ! 0@EDCF & o ! .CFIR&H@AED-& & o ! ;Lcc&TLOJoRENTE & o ! .CFIRLQ&H@ALHAD & o ! 7EOA & o ! "H@AD9&BQALFA&FBARIG-5& & & +Z6 ! $EAF&-ECD&FR@EEQ&EGGAD&OEO P HDLJIHIEOLQ & NCFIR&RECDFAFi& & o ! 2AF & o ! 7E&W/G&OE9&F_IB&HE&UCAFHIEO&+d[ & &

PAGE 34

!"#$%&'(%%&)!#*('($ & YZ & +h6 ! ^@LH&OEO P HDLJIHIEOLQ&NCFIR&RECDFAF&LDA&EGGADAJ&LH&-ECD&FR@EEQi&0@AR_&LQQ&H@LH&LBBQ-5& & o ! 8CIHLD&RQLFF & o ! 4ILOE&RQLFF & o ! .CFIR&LBBDARILHIEO & o ! .CFIR&HAR@OEQES& o ! 4EBCQLD&NCFIR&AOFANTQA & o ! !ER_&TLOJ & o ! #GDIRLO&JDCNNIOS& & o ! 1IFHED-&EG&BEBCQLD&NCFIR & o ! %EOSKDIHIOS & o ! 0ENBEFIHIEOo#DDLOSIOS & o ! #CJIE&BDEJCRHIEOoDAREDJIOS&AOSIOAADIOS & o ! %HAAQ&JDCN&AOFANTQA & o ! ,QCASDLFFoh`& & o ! >h`& & o ! h?`& & o ! fh` & o ! ?` 3 o ! >+ P h?` 3 o ! h+ P fZ` 3 o ! fh`&ED<E\A 3 & +d6 ! +dL P & GED&BLDHIRIBLOHF&K@E&JE&OEH&HALR@&7).5 & 'I_ADH&UCAFHIEOF5&+ P h&DLHIOS9&FHDEOSQ-&JIFLSDAA9&JIFLSDAA9&OACHDLQ9&LSDAA9&FHDEOSQ-&LSDAA & o ! 7EO P HDLJIHIEOLQ&NCFIR&AJCRLHIEO&IF&INBEDHLOH6& & o ! /&LN&IOHADAFHAJ&IO&EGGADIOS&OEO P HDLJIHIEOLQ&NCFIR&RECDFAF&LH&N-&FR@EEQ6& & o ! .-&LJNIOIFHDLHIEO&KECQJ&FCBBEDH&H@A&LJJIHIEO&EG&OEO P HDLJIHIEOLQ&NCFIR&RECDFAF&LH& ECD&FR@EEQ6& & o ! .-&RENNCOIH-&KECQJ&FCBBEDH&H@A&LJJIHIEO&EG & OEO P HDLJIHIEOLQ&NCFIR&RECDFAF&LH&ECD& FR@EEQ6& & o ! .-&FHCJAOHF&KECQJ&TA&IOHADAFHAJ&IO&OEO P HDLJIHIEOLQ&NCFIR&RECDFAF6&& & o ! .-&COJADSDLJCLHA&HDLIOIOS&BDABLDAJ&NA&HE&HALR@&OEO P HDLJIHIEOLQ&NCFIR&RECDFAF6& &

PAGE 35

!"#$%&'(%%&)!#*('($ & Yh & o ! .-&BADFEOLQ&AMBADIAORAF&LF&L&NCFIRILO&BDABLDAJ&NA&HE&HALR@&OEO P HDLJIHIEOLQ& NCFIR&RECDFAF6& & o ! /&AObE-&HD-IOS&OAK&H@IOSF6& & o ! /OIHILHIOS&L&OAK&OEO P HDLJIHIEOLQ&NCFIR&RECDFA&LH&N-&FR@EEQ&KECQJ&TA&ALF-6& & o ! #RRENNEJLHIEOF&DAQLHAJ&HE&H@A&0"*/$ P +V&BLOJANIR&BDENEHAJ&H@A&CFA&EG&OEO P HDLJIHIEOLQ&BAJLSESIAF&IO&N-&RQLFFAF6 & o ! #RRENNEJLHIEOF & DAQLHAJ&HE&H@A&0"*/$ P +V&BLOJANIR&IOGQCAORAJ&H@A&EGGADIOS&EG& LJJIHIEOLQ&OEO P HDLJIHIEOLQ&NCFIR&RECDFAF&LH&N-&FR@EEQ6 & & +dT P & GED&BLDHIRIBLOHF&K@E&JE&HALR@&7).5 & o ! 7EO P HDLJIHIEOLQ&NCFIR&AJCRLHIEO&IF&INBEDHLOH6& & o ! /&LN&IOHADAFHAJ&IO&EGGADIOS&LJJIHIEOLQ&OEO P HDLJIHIEO LQ&NCFIR&RECDFAF&LH&N-&FR@EEQ6& & o ! .-&LJNIOIFHDLHIEO&KECQJ&FCBBEDH&LJJIHIEOLQ&OEO P HDLJIHIEOLQ&NCFIR&RECDFAF&LH&ECD& FR@EEQ6& & o ! .-&RENNCOIH-&KECQJ&FCBBEDH&LJJIHIEOLQ&OEO P HDLJIHIEOLQ&NCFIR&RECDFAF&LH&ECD& FR@EEQ6& & o ! .-&FHCJAOHF&KECQJ&TA&IOHADAFHAJ&IO&LJJIHIEOLQ&OEO P HDLJIHIEOLQ&NCFIR&RECDFAF6&& & o ! .-&COJADSDLJCLHA&HDLIOIOS&BDABLDAJ&NA&HE&HALR@&OEO P HDLJIHIEOLQ&NCFIR&RECDFAF6& & o ! .-&BADFEOLQ&AM BADIAORAF&LF&L&NCFIRILO&BDABLDAJ&NA&HE&HALR@&OEO P HDLJIHIEOLQ& NCFIR&RECDFAF6& & o ! /&AObE-&HD-IOS&OAK&H@IOSF6& & o ! /OIHILHIOS&L&OAK&OEO P HDLJIHIEOLQ&NCFIR&RECDFA&LH&N-&FR@EEQ&KECQJ&TA&ALF-6 & o ! #RRENNEJLHIEOF&DAQLHAJ&HE&H@A&0"*/$ P +V&BLOJANIR&BDENEHAJ&H@A&CFA&EG&OEO P HDLJI HIEOLQ&BAJLSESIAF&IO&N-&RQLFFAF6 & o ! #RRENNEJLHIEOF&DAQLHAJ&HE&H@A&0"*/$ P +V&BLOJANIR&IOGQCAORAJ&N-&JAFIDA&HE& EGGAD&OEO P HDLJIHIEOLQ&NCFIR&RECDFAF&LH&N-&FR@EEQ6 & & +V6&)E&K@LH&AMHAOH&JE&-EC&LSDAA&H@LH&ALR@&IHAN&IF&L&TLDDIAD&HE&EGGADIOS&NEDA&OEO P HDLJIHIEOLQ&NCFIR& R ECDFAF&LH&-ECD&FR@EEQi&'I_ADH&UCAFHIEOF5&+ P h&DLHIOS9&FHDEOSQ-&JIFLSDAA9&JIFLSDAA9&OACHDLQ9&LSDAA9& FHDEOSQ-&LSDAA5 & o ! ,CJSAHIOS & o ! .CFIR&HALR@AD&RECDFA&QELJ & o ! %HCJAOH&RECDFA&FR@AJCQIOS & o ! )DLIOIOS & o ! %HCJAOH&IOHADAFH & o ! )ALR@AD&IOHADAFH & o ! "H@AD9&BQALFA&FBARIG-5& & & & & & & & & & &

PAGE 36

!"#$%&'(%%&)!#*('($ & Y] & $@@=Bh`&EG&@IS@&FR@EEQ&FHCJAOHF&BLDHIRIBLHA&IO&NCFIR& RQLFFAF&W(QBCF&a&#TDIQ9&>?++[6&)@A&NEFH&GDAUCAOHQ-&EGGADAJ&RECDFAF&LDA&TLOJ9&R@EDCF9&LOJ& EDR@AFHDL&W#TDIQ&a&8LCQH9&>??de&.LHH@AKF&a&:EOAD9 & >?+f[6&!AFALDR@ADF&@L\A&GECOJ&H@LH&NCFIR& HALR@ADF&HAOJ&HE&BDAGAD&RECDFA&EGGADIOSF&H@LH&LDA&GLNIQILD&HE&H@AN9&EGHAO&H@EFA&GIHHIOS&KIH@IO&H@A& HDLJIHIEOLQ&lBADGEDNLORA&LOJ&OEHLHIEOm&BLDLJISN&W8LDDAHH9&>??Ve&;CR@OAIKIRc9&>??f[6&& 7EOBLDHIRIBLHIOS&FHCJAOHF&NL-& GAAQ&CODABDAFAOHAJ&IO&H@AFA&HDLJIHIEOLQ&EGGADIOSF9&EGHAO&GIOJIOS&H@A& BDESDLNNIOS&IO&REOGQIRH&KIH@&H@AID&FERILQ&LOJ&RCQHCDLQ&IJAOHIHIAF&W0QLC@F&a&0DANLHL9&>?>?[6& $ANESDLB@IR&BDEGIQAF&@L\A&FCSSAFHAJ&H@LH&H@A&H-BIRLQ&AODEQQAJ&NCFIR&FHCJAOH&IF&^@IHA9&EG&@IS@AD & FERIEAREOENIR&FHLHCF9&RENAF&GDEN&L&HKE P BLDAOH&@ENA&K@ADA&LH&QALFH&EOA&BLDAOH&@LFÐLIOAJ&L& @IS@AD&JASDAA9&LOJ&QI\AF&IO&L&FCTCDT&W(QBCF&a&#TDIQ9&>?++e&:IOOA-9&>?+de&%HAKLDH9&+VV+[6& & #RRAFF&HE&NCFIR&AJCRLHIEO&IF&LO&IFFCA&EG&AUCIH-6&)E&LQQEK&@IS@&FR@EEQ&FHC JAOHF&K@E&LDA& JIFIOHADAFHAJ&IO&HDLJIHIEOLQ&EGGADIOSF&HE&DALB&H@A&DIR@&TAOAGIHF&EG&NCFIR&AJCRLHIEO9&H@ADA&NCFH&TA& EH@AD&EBHIEOF6&7EO P HDLJIHIEOLQ&NCFIR&EGGADIOSF&LDA&RECDFAF&EH@AD&H@LO&TLOJ9&EDR@AFHDL9&LOJ&R@EDCF6& )@AFA&RECDFAF&AMIFH&EO&L&FBARHDCN9&GDEN&RENN EO&RECDFAF&QI_A&NCFIR&H@AED-9&SCIHLD9&LOJ& BADRCFFIEO&AOFANTQA&HE&H@A&QAFF&RENNEO&QI_A&DER_&TLOJ9&NLDILR@I9&LOJ&SLNAQLO&W:AQQ-&a&

PAGE 37

!"#$%&'(%%&)!#*('($ & Yf & *ADEOAA9&>?+V[6&&#F&H@A&JANESDLB@IR&HDAOJF&EG&H@A&3OIHAJ&%HLHAF&REOHIOCA&HE&JI\ADFIG-9&NCFIR& AJCRLHIEO&NCFH&LJbCFH&HE&TA&NEDA&IO RQCFI\A&EG&LQQ&FHCJAOHF&LOJ&NCFIRILOF6&)E&BDE\IJA&AUCLQ& LRRAFF&HE&NCFIR&AJCRLHIEO9&NCFIR&AJCRLHEDF&NCFH&COJADFHLOJ&H@A&IOAUCIHIAF&IO&BDESDLNNIOS9& K@ADA&LQHADOLHI\A&BDESDLNNIOS&AMIFHF9&LOJ&K@LH&FCBBEDH&NAR@LOIFNF&LDA&DAUCIDAJ&GED&FCR@& BDESDLNNIOS&HE&H@DI\A6 & 4DA\IECF&DAFALDR@&EO&OEO P HDLJIHIEOLQ&RECDFA&EGGADIOSF&@LF&QLDSAQ-&TAAO& GERCFAJ&EO&FBARIGIR&RECDFAF&ED&DASIEOF9&RENBQIRLHIOS&AGGEDHF&HE&JDLK&QLDSAD&REORQCFIEOF<ECH& H@AFA&EGGADIOSF6&&#RREDJIOSQ-9&H@A&BCDBEFA&EG&H@IF&FHCJ-&IF&HE&AMLNIOA&RCDDAOH&OEO P HDLJIHI EOLQ& NCFIR&RECDFA&EGGADIOSF&LH&@IS@&FR@EEQF&LRDEFF&H@A&3OIHAJ&%HLHAF6 & & )@IF&FHCJ-&IF&RCDDAOHQ-&IO&BDESDAFF&LOJ&KIQQ&TA&RENBQAHAJ&TAGEDA&H@A&REOGADAORA6&0CDDAOH& NCFIR&AJCRLHEDF&LH&@IS@&FR@EEQF&H@DECS@ECH&H@A&3OIHAJ&%HLHAF&KIQQ&TA&FCD\A-AJ&HE&SLH@AD& IOGEDNLH IEO<ECH&RCDDAOH&OEO P HDLJIHIEOLQ&RECDFA&EGGADIOSF&LH&H@AID&FR@EEQF6&^A&KIQQ&RDALHA&L& BDEGIQA&EG&RCDDAOH&EGGADIOSF&CFIOS&JAFRDIBHI\A&FHLHIFHIRF9&LOJ&KIQQ&AMLNIOA&H@LH&BDEGIQA&IO&QIS@H&EG& TEH@&BDA\IECF&DAFALDR@&LOJ&RCDDAOH&HDAOJF&IO&NCFIR&AJCRLHIEO6&^A&KIQQ & BDE\IJA&LO&LOLQ-FIF&EG&H@A& RENNEOLQIHIAF&LOJ&JIGGADAORAF&IO&OEO P HDLJIHIEOLQ&BDESDLNNIOS&KIH@&DAFBARH&HE&L&\LDIAH-&EG& GLRHEDF&IORQCJIOS&DASIEO9&FR@EEQ&FAHHIOS9&LOJ&HALR@AD&JANESDLB@IRF6&&^A&AMBARH&H@LH&H@IF&FHCJ-& KIQQ&BDE\IJA&INBEDHLOH&IOGEDNLHIEO<ECH&RC DDAOH&HDAOJF&IO&OEO P HDLJIHIEOLQ&RECDFA&EGGADIOSF&LF& KAQQ&LF&@AQBIOS&HE&IJAOHIG-&SLBF&ED&JAGIRIHF&IO&FCR@&EGGADIOSF&GED&RADHLIO&RENNCOIHIAF6& & & & & &

PAGE 38

!"#$%&'(%%&)!#*('($ & Yd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`Zab>#12#$"%#*(<'#(9$#P%',&-"9,3#$"%#)(9#)"9&()&#+'# (& # +-)*('/5'+$c%2/>'4% 3#"5#&*'#;9-<'5,-&$#"2#=/"5-4(#19,&-&%&-"9(/#:'<-'K#^"(54#_1:^Z[b#"22-)'# _SG[b#SX[ ? ZdSS#"5 # -5B[c%2/>'4% >b ! ! M*(9Y#$"%#2"5#$"%5#)"9,-4'5(&-"9> # ! # ! @-9)'5'/$3 ! # ! 8-)*('/#:'+$ # ! ! :-6"D*+03%01906#60-1%03%3"16%#3%#%3"$904"%6-%6+"%5$-,"330-1%(8%:;,&< )%#3%5#$6%-,%-7$%-12-012%",,-$63%6-%3755-$6% $"3"#$4+%01%'7304%"=74#60-1>%*+"%3"1=012%-,%6+03%01906#60-1%=-"3%1-6%4-1360676"%"1=-$3"'"16%-,%6+"%4-16"16%-$% E7#.068%-,%6+"%$"3"#$4+%5$-F"46%,-$%/+04+%6+03%01906#60-1%03%3"16%(8%:;,&<%-$%063%4-'5-1"16%G-40"60"3% -$% H-7140.3> ! ! & & & &

PAGE 39

!"#$%&'(%%&)!#*('($ & YV & $@@=B=F!3;B6=B7!&797=H=B7 ! ! 4QALFA&DA\IAK&H@IF&IOGEDNLHIEO&RLDAGCQQ-&TAGEDA&LSDAAIOS&HE&BLDHIRIBLHA6&2ECD&BLDHIRIBLHIEO&IF& \EQCOHLD-9&LOJ&-EC&RLO&JARQIOA&HE&BLDHIRIBLHA9&ED&KIH@JDLK&REOFAOH&LH&LO-&HINA9&KIH@&OE& REOFAUCAORAF6&)@IF&FHCJ-&IF&TAIOS&RLDDIAJ&ECH&T-&.IR@LAQ&!AN-9&L&NLFHADgF&FHCJAOH&LH&H@A& 3OI\ADFIH-&EG&&SDLJA&@IS@&FR@EEQF&KIH@IO&H@A&3OIHAJ&%HLHAF6&/G&-EC&LSDAA&HE&BLDHIRIBLHA9& -EC&KIQQ&TA&DAJIDARHAJ&HE&L&TDIAG&EOQIOA&FCD\A-&H@LH&F@ECQJ&HL_A&LBBDEMINLHAQ-&+?&NIOCHAF&HE& RENBQAHA6 & & )@ADA&LDA&OE&JIDARH&TAOAGIHF&HE&-EC&GDEN&BLDHI RIBLHIOS&IO&H@IF&FHCJ-9&LOJ&-EC&KIQQ&OEH&DARAI\A&LO-& RENBAOFLHIEO6&)@IF&FHCJ-&JEAF&OEH&RLDD-&LO-&DIF_&TA-EOJ&H@EFA&AORECOHADAJ&IO&OEDNLQ&JLIQ-&QIGA6& 2EC&LDA&GDAA&HE&KIH@JDLK&-ECD&REOFAOH&LOJ&HE&FHEB&BLDHIRIBLHIOS&IO&H@IF&FHCJ-&LH&LO-&HINA&KIH@ECH& REOFAUCAO RA6 & & 2ECD&IOGEDNLHIEO&KIQQ&TA&_ABH&LOEO-NECF6 & & /G&-EC&@L\A&LO-&UCAFHIEOF<ECH&-ECD&BLDHIRIBLHIEO&IO&H@IF&FHCJ-&ED&KIF@&HE&JIFRCFF&LO-& JIFRENGEDHF&-EC&NL-&AMBADIAORA9&BQALFA&REOHLRH&H@A&DAFALDR@AD&CFIOS&H@A&REOHLRH&IOGEDNLHIEO& LTE\A6&/G&-EC&@L\A&LO-&UCAFHI EOF&DASLDJIOS&-ECD&DIS@HF&LF&L&DAFALDR@&FCTbARH9&BQALFA&REOHLRH&H@A& /OFHIHCHIEOLQ&!A\IAK&,ELDJ&W/!,?>[&EGGIRA&WWYh>[&YV> P ?ZYY&ED&IDT>vCGQ6AJC6[&)@A&3OI\ADFIH-&EG& ?>>&W/!,>?>>?+d?][6 & & & 2E C&NL-&BDIOH&L&KDIHHAO&REB-&EG&H@IF&IOGEDNLHIEO&GED&-ECD&DAREDJF6&#GHAD&DALJIOS&H@IF& IOGEDNLHIEO9&-EC&NL-&IOJIRLHA&REOFAOH&GED&BLDHIRIBLHIEO&TAQEK&LOJ&BDERAAJ&HE&H@A&FCD\A-6 & & & &