Tài liệu Lập trình iPhone part 7 pptx

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8EF&EVW
ERH4MGOIVW
RXLIPEWXGLETXIV]SYFYMPX]SYVJMVWXQYPXMZMI[ETTPMGEXMSR-RXLMWGLETXIV
]SYvVIKSMRKXSFYMPHEJYPPXEFFEVETTPMGEXMSR[MXLJMZIHMJJIVIRXXEFWERHJMZI
HMJJIVIRXGSRXIRXZMI[W&YMPHMRKXLMWETTPMGEXMSRMWKSMRKXSVIMRJSVGIEPSXSJ
[LEX]SYPIEVRIHMRXLIPEWXGLETXIVFYX]SYvVIXSSWQEVXXSWTIRHE[LSPI
GLETXIVHSMRKWXYJJ]SYEPVIEH]WSVXEORS[LS[XSHSWS[IvVIKSMRKXSYWI
XLSWIJMZIGSRXIRXZMI[WXSWLS[]SYLS[XSYWIEX]TISJM4LSRIGSRXVSPXLEX
[ILEZIRSXGSZIVIH]IX8LIGSRXVSPMWGEPPIHXLITMGOIVZMI[EPXLSYKLMXvW
YWYEPP]NYWXGEPPIHXLITMGOIV
=SYQE]RSXFIJEQMPMEV[MXLXLIREQIFYX
]SYvZIEPQSWXGIVXEMRP]YWIHETMGOIVMJ]SYvZI
S[RIHERM4LSRIJSVQSVIXLERWE]QMR
YXIW4MGOIVWEVIXLIGSRXVSPW[MXLHMEPWXLEX
WTMR=SYYWIXLIQXSMRTYXHEXIWMRXLI'EP
IRHEVETTPMGEXMSRSVXSWIXEXMQIVMRXLI'PSGO
ETTPMGEXMSRWII*MKYVI
4MGOIVWEVIVEXLIVQSVIGSQTPI\XLERXLI
M4LSRIGSRXVSPW]SYvZIWIIRWSJEVERHEWWYGL
XLI]HIWIVZIEPMXXPIQSVIEXXIRXMSR4MGOIVWGER
FIGSRJMKYVIHXSHMWTPE]SRIHMEPSVQER]&]
HIJEYPXTMGOIVWHMWTPE]PMWXWSJXI\XFYXXLI]GER
EPWSFIQEHIXSHMWTPE]MQEKIW
*MKYVI%TMGOIVMRXLI
'PSGOETTPMGEXMSR
',%48)6 8EF&EVWERH4MGOIVW
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8LI4MGOIVW%TTPMGEXMSR

8LMWGLETXIVvWETTPMGEXMSR4MGOIVW[MPPJIEXYVIEXEFFEV%W]SYFYMPH4MGOIVW]SYvPPGLERKI
XLIHIJEYPXXEFFEVWSMXLEWJMZIXEFWEHHERMGSRXSIEGLSJXLIXEFFEVMXIQWERHXLIRGVI
EXIEWIVMIWSJGSRXIRXZMI[WERHGSRRIGXIEGLXSEXEF
8LIJMVWXGSRXIRXZMI[[IvPPFYMPH[MPPLEZIEHEXITMGOIV[LMGLMWXLIIEWMIWXX]TISJTMGOIV
XSMQTPIQIRXWII*MKYVI8LIZMI[[MPPEPWSLEZIEFYXXSRXLEX[LIRXETTIH[MPPHMW
TPE]EREPIVXXLEXHMWTPE]WXLIHEXIXLEX[EWTMGOIH
8LIWIGSRHXEF[MPPJIEXYVIETMGOIV[MXLEWMRKPIPMWXSJZEPYIWWII*MKYVI8LMWTMGOIVMW
EPMXXPIFMXQSVI[SVOXSMQTPIQIRXXLEREHEXITMGOIV=SYvPPPIEVRLS[XSWTIGMJ]XLIZEPYIW
XSFIHMWTPE]IHMRXLITMGOIVF]YWMRKEHIPIKEXIERHEHEXEWSYVGI
-RXLIXLMVHXEF[IvVIKSMRKXSGVIEXIETMGOIV[MXLX[SWITEVEXI[LIIPW8LIXIGLRMGEPXIVQ
JSVIEGLSJXLIWI[LIIPWMWETMGOIVGSQTSRIRXWSLIVI[IEVIGVIEXMRKETMGOIV[MXLX[S
GSQTSRIRXW;IvPPWIILS[XSYWIXLIHEXEWSYVGIERHHIPIKEXIXSTVSZMHIX[SMRHITIRHIRX
PMWXWSJHEXEXSXLITMGOIVWII*MKYVI)EGLSJXLMWTMGOIVvWGSQTSRIRXWGERFIGLERKIH
[MXLSYXMQTEGXMRKXLISXLIVSRI
-RXLIJSYVXLGSRXIRXZMI[[IvVIKSMRKXSFYMPHERSXLIVTMGOIV[MXLX[SGSQTSRIRXW&YXXLMW
XMQIXLIZEPYIWHMWTPE]IHMRXLIGSQTSRIRXSRXLIVMKLXEVIKSMRKXSGLERKIFEWIHSRXLIZEPYI
WIPIGXIHMRXLIGSQTSRIRXSRXLIPIJX-RSYVI\EQTPI[IvVIKSMRKXSHMWTPE]EPMWXSJWXEXIWMRXLI
PIJXGSQTSRIRXERHEPMWXSJXLEXWXEXIvW>-4GSHIWMRXLIVMKLXGSQTSRIRXWII*MKYVI
*MKYVI8LIJMVWXXEF[MPP
WLS[EHEXITMGOIV
*MKYVI%TMGOIVHMWTPE]
MRKEWMRKPIPMWXSJZEPYIW
*MKYVI%X[S
GSQTSRIRXTMGOIV
',%48)6 8EF&EVWERH4MGOIVW
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%RHPEWXFYXQSWXGIVXEMRP]RSXPIEWX[IvVIKSMRKXSLEZI
EPMXXPIJYR[MXLXLIJMJXLGSRXIRXZMI[;IvVIKSMRKXSWIILS[
XSEHHMQEKIHEXEXSETMGOIVERH[IvVIKSMRKXSHSMXF][VMX
MRKEPMXXPIKEQIXLEXYWIWETMGOIV[MXLJMZIGSQTSRIRXW-R

WIZIVEPTPEGIWMR%TTPIvWHSGYQIRXEXMSRXLITMGOIVvWETTIEV
ERGIMWHIWGVMFIHEWPSSOMRKEFMXPMOIEWPSXQEGLMRI;IPPXLIR
[LEXGSYPHFIQSVIJMXXMRKXLER[VMXMRKEPMXXPIWPSXQEGLMRI
KEQIWII*MKYVI#*SVXLMWTMGOIVXLIYWIV[SRvXFIEFPI
XSQERYEPP]GLERKIXLIZEPYIWSJXLIGSQTSRIRXWFYX[MPPFI
EFPIXSWIPIGXXLI7TMRFYXXSRXSQEOIXLIJMZI[LIIPW[MPPWTMR
XSERI[VERHSQP]WIPIGXIHZEPYI-JXLVIIGSTMIWSJXLIWEQI
MQEKIETTIEVMREVS[XLIYWIV[MRW
*MKYVI-RXLMWTMGOIV
SRIGSQTSRIRXMWHITIRHIRX
SRXLISXLIV%W[IWIPIGX
EWXEXIMRXLIPIJXGSQTS
RIRXXLIVMKLXGSQTSRIRX
GLERKIWXSEPMWXSJ>-4GSHIW
MRXLEXWXEXI
*MKYVI3YVJMZIGSQ
TSRIRXTMGOIV2SXIXLEX[I
HSRSXGSRHSRIYWMRK]SYV
M4LSRIEWEXMR]GEWMRS
(IPIKEXIWERH(EXEWSYVGIW
&IJSVI[IHMZIMRERHWXEVXFYMPHMRKSYVETTPMGEXMSRPIXvWPSSO
EX[L]TMGOIVWEVIWSQYGLQSVIGSQTPI\XLERXLISXLIV
GSRXVSPW]SYvZIYWIHWSJEV-XvWRSXNYWXEQEXXIVSJXLIVIFIMRK
QSVIGSRJMKYVEFPIEXXVMFYXIWXSWIXMR-RXIVJEGI&YMPHIV-R
JEGXXLITMGOIVEGXYEPP]LEWZIV]JI[EXXVMFYXIWXLEXEVIGSR
JMKYVEFPIMR-RXIVJEGI&YMPHIV;MXLXLII\GITXMSRSJXLIHEXI
TMGOIV]SYGERvXYWIETMGOIVF]NYWXKVEFFMRKSRIMR-RXIVJEGI
&YMPHIVHVSTTMRKMXSR]SYVGSRXIRXZMI[ERHGSRJMKYVMRKMX
=SYLEZIXSEPWSTVSZMHIMX[MXLFSXLETMGOIVHIPIKEXIERH
ETMGOIVHEXEWSYVGI

&]XLMWTSMRX]SYWLSYPHFIGSQJSVXEFPIYWMRKHIPIKEXIW;IvZIEPVIEH]YWIHETTPMGEXMSR
HIPIKEXIWERHEGXMSRWLIIXHIPIKEXIWERHXLIFEWMGMHIEMWXLIWEQILIVI8LITMGOIVHIJIVW
WIZIVEPNSFWXSMXWHIPIKEXI8LIQSWXMQTSVXERXSJXLIWIMWXLIXEWOSJHIXIVQMRMRK[LEXXS
EGXYEPP]HVE[JSVIEGLSJXLIVS[WMRIEGLSJMXWGSQTSRIRXW8LITMGOIVEWOWXLIHIPIKEXIJSV
IMXLIVEWXVMRKSVEZMI[XLEX[MPPFIHVE[REXEKMZIRWTSXSREKMZIRGSQTSRIRX
',%48)6 8EF&EVWERH4MGOIVW
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-REHHMXMSRXSXLIHIPIKEXITMGOIVWLEZIXSLEZIEHEXEWSYVGI8LIHEXEWSYVGI[SVOWWMQMPEVP]
XSXLIHIPIKEXIMRXLEXMXWQIXLSHWEVIGEPPIHEXGIVXEMRTVIWTIGMJMIHXMQIW4MGOIVHEXEWSYVGI
QIXLSHWEVIYWIHF]XLITMGOIVXSKIXXLIRYQFIVSJGSQTSRIRXWERHXLIRYQFIVSJVS[WMR
IEGLGSQTSRIRX;MXLSYXEHEXEWSYVGIERHEHIPIKEXIWTIGMJMIHTMGOIVWGERRSXHSXLIMVNSF
ERHMRJEGX[SRvXIZIRFIHVE[R
-XvWZIV]GSQQSRJSVXLIHEXEWSYVGIERHXLIHIPIKEXIXSFIXLIWEQISFNIGXERHNYWXEW
GSQQSRJSVXLEXSFNIGXXSFIXLIZMI[GSRXVSPPIVJSVXLITMGOIVvWIRGPSWMRKZMI[[LMGLMWXLI
ETTVSEGL[IvPPFIYWMRKMRXLMWETTPMGEXMSR8LIZMI[GSRXVSPPIVWJSVIEGLGSRXIRXTERI[MPP
FIXLIHEXEWSYVGIERHXLIHIPIKEXIJSVXLIMVTMGOIV
238)
,IVIvWETSTUYM^-WXLITMGOIVHEXEWSYVGITEVXSJXLIQSHIPZMI[SVGSRXVSPPIVTSVXMSRSJXLIETTPMGEXMSR#
-XvWEXVMGOUYIWXMSR%HEXEWSYVGIWSYRHWPMOIMXQYWXFITEVXSJXLIQSHIPFYXMRJEGXMXvWEGXYEPP]TEVX
SJXLIGSRXVSPPIV8LIHEXEWSYVGIMWRvXYWYEPP]ERSFNIGXHIWMKRIHXSLSPHHEXEMXvWERSFNIGXXLEXWYTTPMIW
HEXEXSXLITMGOIV
0IXvWJMVIYT<GSHIERHKIXXSMX
7IXXMRK9TXLI8EF&EV*VEQI[SVO
%PXLSYKL<GSHIHSIWTVSZMHIEXIQTPEXIJSVXEFFEVETTPMGEXMSRW[IvVIKSMRKXSFYMPHSYVW
JVSQWGVEXGL-XvWRSXQYGLI\XVE[SVOERHMXvWKSSHTVEGXMGI7SGVIEXIERI[TVSNIGXWIPIGX
MRKXLI;MRHS[&EWIH%TTPMGEXMSRXIQTPEXIEKEMR;LIRTVSQTXIHJSVEREQIX]TI4MGOIVW
;IvVIKSMRKXS[EPO]SYXLVSYKLXLIFYMPHMRKSJXLI[LSPIETTPMGEXMSRFYXMJEXER]WXITSJ
XLI[E]]SYJIIPPMOIGLEPPIRKMRK]SYVWIPJF]QSZMRKELIEHSJYWF]EPPQIERWKSELIEH-J
]SYKIXWXYQTIH]SYGEREP[E]WGSQIFEGO-J]SYHSRvXJIIPPMOIWOMTTMRKELIEHXLEXvWNYWX
JMRI;IvHPSZIXLIGSQTER]

'VIEXMRKXLI*MPIW
-RXLIPEWXGLETXIV[IGVIEXIHEVSSXZMI[GSRXVSPPIV;IvPPFIHSMRKXLEXEKEMRXLMWXMQIFYX
[I[SRvXRIIHXSGVIEXIEGPEWWJSVMXFIGEYWI%TTPITVSZMHIWEZIV]KSSHSRIJSVQEREKMRK
XEFFEVZMI[WWS[IvVINYWXKSMRKXSYWIERMRWXERGISJ
9-8EF&EV'SRXVSPPIV
JSVSYVVSSX
GSRXVSPPIV;I[MPPGVIEXIXLEXMRWXERGIMR-RXIVJEGI&YMPHIVMREJI[QMRYXIW
',%48)6 8EF&EVWERH4MGOIVW

;IRIIHXSGVIEXIJMZIRI[GPEWWIWMR<GSHIXLIJMZIZMI[GSRXVSPPIVWXLEXXLIVSSXGSRXVSPPIV
[MPPW[ETMRERHSYX
)\TERHXLI'PEWWIWERH6IWSYVGIWJSPHIVWMRXLI+VSYTW*MPIWTERI2I\XWMRKPIGPMGOXLI
'PEWWIWJSPHIVERHTVIWW 2SVWIPIGX2I[*MPIJVSQXLI*MPIQIRY
7IPIGX'SGSE8SYGL'PEWWIWMRXLIPIJXTERISJXLIRI[JMPIEWWMWXERXERHXLIRWIPIGXXLIMGSR
JSV9-:MI['SRXVSPPIVWYFGPEWWERHGPMGO2I\X2EQIXLIJMVWXSRI(EXI4MGOIV:MI['SRXVSPPIVQ
QEOMRKWYVIXSGLIGO%PWSGVIEXIw(EXI4MGOIV:MI['SRXVSPPIVLx
6ITIEXJSYVQSVIXMQIWYWMRKXLIREQIW7MRKPI'SQTSRIRX4MGOIV:MI['SRXVSPPIVQ
(SYFPI'SQTSRIRX4MGOIV:MI['SRXVSPPIVQ(ITIRHIRX'SQTSRIRX4MGOIV:MI['SRXVSPPIVQ
ERH'YWXSQ4MGOIV:MI['SRXVSPPIVQ
2I\XWMRKPIGPMGOXLI6IWSYVGIWJSPHIVERHTVIWW 2SVWIPIGX2I[*MPIJVSQXLI
*MPIQIRYEKEMR8LMWXMQI]SY[ERXXSWIPIGX9WIV-RXIVJEGIWMRXLIPIJXTERISJXLIRI[
JMPIEWWMWXERXERHXLIRGPMGOXLI:MI[<-&MGSR;IRIIHJMZIRMFWSRIJSVIEGLGSRXIRXZMI[
'EPPXLIJMVWXSRI]SYGVIEXI(EXI4MGOIV:MI[\MF8LIRGVIEXIJSYVQSVI7MRKPI'SQTSRIRX
4MGOIV:MI[\MF(SYFPI'SQTSRIRX4MGOIV:MI[\MF(ITIRHIRX'SQTSRIRX4MGOIV:MI[\MFERH
'YWXSQ4MGOIV:MI[\MF
7IXXMRK9TXLI'SRXIRX:MI[2MFW
(SYFPIGPMGO(EXI4MGOIV:MI[\MFXSSTIRXLIJMPIMR-RXIVJEGI&YMPHIV;IvVIRSXEGXYEPP]
KSMRKXSFYMPHSYVGSRXIRXZMI[W]IX;IvVINYWXKSMRKXS[MVIYTXLIWOIPIXSRSJSYVXEF
ZMI[ETTPMGEXMSRRS[WSXLEXXLIFEWMGETTPMGEXMSR[SVOW;ILEZIXSQEOIWYVIXLEXIEGL
SJXLIRMFJMPIWMWTSMRXMRKXSXLIVMKLX*MPIvW3[RIVMGSR[LMGLRIIHWXSFIXLIGSVVIWTSRH

MRK
9-:MI['SRXVSPPIV
WYFGPEWW*SV(EXI4MGOIV:MI[\MFXLIGSRXVSPPIVGPEWWRIIHWXSFI
(EXI4MGOIV:MI['SRXVSPPIV
7MRKPIGPMGO*MPIvW3[RIVERHXLIRTVIWW XSFVMRKYTXLI
MHIRXMX]MRWTIGXSV'LERKIXLIGPEWWXS(EXI4MGOIV:MI['SRXVSPPIV
2S[GSRXVSPHVEKJVSQXLI*MPIvW3[RIVMGSRXSXLI:MI[MGSRERHWIPIGXXLIZMI[SYXPIX
*MREPP]WMRKPIGPMGOXLI:MI[MGSRERHTVIWW XSFVMRKYTXLIWM^IMRWTIGXSV'LERKIXLI
LIMKLXSJXLIZMI[XSTM\IPW[LMGLMWXLIEQSYRXSJWTEGIVIQEMRMRKEJXIV]SYXEOISYX
XLIWXEXYWFEVERHXLIXEFFEV7EZIXLMWRMFERHGPSWIMX
6ITIEXEPPXLSWIWEQIWXITW[MXLIEGLSJXLIJSYVVIQEMRMRKRMFJMPIWQEOMRK*MPIvW3[RIV
TSMRXXSXLIGSVVIWTSRHMRKZMI[GSRXVSPPIV1EOIWYVI]SYWEZIIEGLRMFJMPIEW]SYJMRMWLYT
ERH[LIR]SYvVIHSRI[MXLEPPJMZIKSFEGOXS<GSHI
',%48)6 8EF&EVWERH4MGOIVW

%HHMRKXLI6SSX:MI['SRXVSPPIV
;IvVIKSMRKXSGVIEXISYVVSSXZMI[GSRXVSPPIV[LMGL[MPPFIERMRWXERGISJ
9-8EF&EV'SRXVSPPIV
MR-RXIVJEGI&YMPHIV&IJSVI[IGERHSXLEXLS[IZIV[IWLSYPH
HIGPEVIERSYXPIXJSVMX7MRKPIGPMGOXLI4MGOIVW%TT(IPIKEXILGPEWWERHEHHXLIJSPPS[MRK
GSHIXSMX
MQTSVX 9-/MX9-/MXL"
$GPEWW4MGOIVW:MI['SRXVSPPIV
$MRXIVJEGI4MGOIVW%TT(IPIKEXI273FNIGX 9-%TTPMGEXMSR(IPIKEXI"_
-&3YXPIX9-;MRHS[[MRHS[
-&3YXPIX9-8EF&EV'SRXVSPPIVVSSX'SRXVSPPIV
a
$TVSTIVX]RSREXSQMGVIXEMR9-;MRHS[[MRHS[
$TVSTIVX]RSREXSQMGVIXEMR9-8EF&EV'SRXVSPPIVVSSX'SRXVSPPIV
$IRH

&IJSVI[IQSZIXS-RXIVJEGI&YMPHIVXSGVIEXISYVVSSXZMI[GSRXVSPPIVPIXvWEHHXLIJSPPS[MRK
GSHIXS4MGOIVW%TT(IPIKEXIQ
MQTSVX4MGOIVW%TT(IPIKEXIL
$MQTPIQIRXEXMSR4MGOIVW%TT(IPIKEXI
$W]RXLIWM^I[MRHS[
$W]RXLIWM^IVSSX'SRXVSPPIV
ZSMHETTPMGEXMSR(MH*MRMWL0EYRGLMRK9-%TTPMGEXMSRETTPMGEXMSR_
3ZIVVMHITSMRXJSVGYWXSQM^EXMSREJXIVETTPEYRGL
?[MRHS[EHH7YFZMI[VSSX'SRXVSPPIVZMI[A
?[MRHS[QEOI/I]%RH:MWMFPIA
a
ZSMHHIEPPSG_
?VSSX'SRXVSPPIVVIPIEWIA
?[MRHS[VIPIEWIA
?WYTIVHIEPPSGA
a
$IRH
',%48)6 8EF&EVWERH4MGOIVW

8LIVIWLSYPHRvXFIER]XLMRKXLIVIXLEXvWEWYVTVMWI
XS]SY-XvWTVIXX]QYGLXLIWEQIXLMRK[IHMHMRXLI
PEWXGLETXIVI\GITXXLEX[IvVIRSXYWMRKEGSRXVSPPIV
GPEWWTVSZMHIHF]%TTPIMRWXIEH[IvVIYWMRKSRI
[I[VSXISYVWIPZIW1EOIWYVI]SYWEZIFSXLJMPIW
8EFFEVWYWIMGSRWXSVITVIWIRXIEGLSJXLIXEFW
WS[IWLSYPHEPWSEHHXLIMGSRW[IvVIKSMRKXSYWI
FIJSVILIEHMRKSZIVXS-RXIVJEGI&YMPHIV=SYGER
JMRHWSQIWYMXEFPIMGSRWMRXLITVSNIGXEVGLMZIXLEX
EGGSQTERMIWXLMWFSSOMRXLI4MGOIVW8EF&EV
-GSRWJSPHIV8LIMGSRWWLSYPHFIF]TM\IPW

ERHWEZIHMRTRKJSVQEX8LIMGSRJMPIWLSYPHLEZI
EXVERWTEVIRXFEGOKVSYRH+IRIVEPP]QIHMYQKVI]
MGSRWPSSOXLIFIWXSREXEFFEV(SRvX[SVV]EFSYX
XV]MRKXSQEXGLXLIETTIEVERGISJXLIXEFFEV.YWX
EWMXHSIW[MXLXLIETTPMGEXMSRMGSRXLIM4LSRIMW
KSMRKXSXEOI]SYVMQEKIERHQEOIMXPSSONYWXVMKLX
=SYWLSYPHFIGSQJSVXEFPIEHHMRKVIWSYVGIWXS]SYV
TVSNIGXF]XLMWTSMRXWSKSELIEHERHEHHXLIJMZI
MGSRW[IvZITVSZMHIHF]HVEKKMRKXLIQJVSQXLI
JMRHIVXSXLI6IWSYVGIWJSPHIVSJ]SYV<GSHITVSN
IGXSVWIPIGMRK%HHXS4VSNIGXJVSQXLI4VSNIGX
QIRY
3RGI]SYvZIEHHIHXLIMGSRWHSYFPIGPMGO
1EMR;MRHS[\MFXSSTIRXLIJMPIMR-RXIVJEGI&YMPHIV
(VEKE8EF&EV'SRXVSPPIVJVSQXLIPMFVEV]WII
*MKYVISZIVXSXLIRMFvWQEMR[MRHS[&IWYVI
]SYHVEKXSXLI[MRHS[PEFIPIH1EMR;MRHS[\MF
ERHRSXXSXLI[MRHS[PEFIPIH;MRHS[[LMGL[MPP
RSXEGGITXXLIHVEKWS]SYvPPORS[[LIR]SYKIX
MXVMKLX
3RGI]SYHVSTXLIXEFFEVGSRXVSPPIVSRXS]SYVRMFvW
QEMR[MRHS[ERI[[MRHS[[MPPETTIEVXLEXPSSOW
PMOI*MKYVI8LMWXEFFEVGSRXVSPPIV[MPPFISYV
VSSXZMI[GSRXVSPPIV%WEVIQMRHIVXLIVSSXZMI[
GSRXVSPPIVGSRXVSPWXLIZIV]JMVWXZMI[XLEXXLIYWIV
[MPPWII[LIR]SYVTVSKVEQVYRW
*MKYVI8EF&EV'SRXVSPPIVMRXLI
PMFVEV]
*MKYVI8LIXEFFEVGSRXVSPPIVvW
[MRHS[

',%48)6 8EF&EVWERH4MGOIVW

7MRKPIGPMGOXLI8EF&EV'SRXVSPPIVMGSRMR]SYVRMFvWQEMR
[MRHS[ERHTVIWW XSFVMRKYTXLIEXXVMFYXIWMRWTIG
XSVJSVMX8LIEXXVMFYXIWMRWTIGXSVJSVEXEFFEVGSRXVSPPIV
[MPPPSSOPMOI*MKYVI
8LITEVXXLEX[IvVIMRXIVIWXIHMRMWXLIXSTWIGXMSR[LMGL
MWPEFIPIH:MI['SRXVSPPIVW;LIREPPMWWEMHERHHSRI
[IvPPIRHYT[MXLSRIZMI[GSRXVSPPIVJSVIEGLSJSYVXEF
GSRXVSPPIVvWXEFW8EOIEPSSOFEGOEX*MKYVI%W]SY
GERWIISYVTVSKVEQJIEXYVIWJMZIXEFWSRIJSVIEGLSJ
SYVJMZIWYFZMI[W{JMZIWYFZMI[WJMZIZMI[GSRXVSPPIVW
8YVR]SYVEXXIRXMSRFEGOXSXLIEXXVMFYXIWMRWTIGXSVJSV
XLIXEFFEVGSRXVSPPIV;IRIIHXSGLERKISYVXEFFEV
GSRXVSPPIVWSMXLEWJMZIXEFWMRWXIEHSJX[S'PMGOXLIFYX
XSR[MXLXLITPYWWMKRSRMXXLVIIXMQIWXSGVIEXIEXSXEP
SJJMZIGSRXVSPPIVW8LIEXXVMFYXIWMRWTIGXSV[MPPWLS[
JMZIMXIQWERHMJ]SYPSSOSZIVEXXLI8EF:MI['SRXVSPPIV
[MRHS[]SYvPPWIIXLEXMXRS[LEWJMZIFYXXSRWMRWXIEH
SJX[S
'PMGOXLIXEFFEVEXXLIFSXXSQSJXLI8EF&EV'SRXVSPPIV
[MRHS[&IWYVI]SYGPMGOXLIPIJXQSWXXEF8LMWWLSYPH
WIPIGXXLIGSRXVSPPIVXLEXGSVVIWTSRHWXSXLIPIJXQSWX
XEFERHXLIMRWTIGXSVWLSYPHGLERKIXSPSSOPMOI
*MKYVI
,IVIvW[LIVI[IEWWSGMEXIIEGLXEFvWZMI[GSRXVSPPIV
[MXLXLIETTVSTVMEXIRMF8LMWPIJXQSWXXEF[MPPPEYRGL
XLIJMVWXSJSYVJMZIWYFZMI[W0IEZIXLI8MXPIJMIPHFPERO
ERHWTIGMJ]E2-&2EQISJ(EXI4MGOIV:MI[(SRSX
MRGPYHIXLI\MFI\XIRWMSR

;LMPI]SYEVILIVITVIWW 8LMW[MPPFVMRKYTXLI
MHIRXMX]MRWTIGXSVJSVXLIZMI[GSRXVSPPIVEWWSGMEXIH
[MXLXLIPIJXQSWXXEF'LERKIXLIGPEWWXS(EXI4MGOIV
:MI['SRXVSPPIVERHTVIWWVIXYVRSVXEFXSWIXMX
238)
;IPIJX8MXPIFPEROLIVIFIGEYWIXEFFEVGSRXVSPPIVWHSRvXQEOIYWISJXLMWJMIPHXLSYKLREZMKEXMSRGSR
XVSPPIVWERHQER]SXLIVOMRHWSJZMI[GSRXVSPPIVWHSYWIXLMWJMIPH;INYWXXLSYKLX]SYvHPMOIXSORS[
*MKYVI8LIEXXVMFYXIWMRWTIGXSV
JSVXLIXEFFEVGSRXVSPPIV
*MKYVI8LIZMI[GSRXVSPPIV
EXXVMFYXIWMRWTIGXSV
',%48)6 8EF&EVWERH4MGOIVW

8]TI XSVIXYVRXSXLIEXXVMFYXIWMRWTIGXSV'PMGOXLI
JMVWXXEFMRXLIXEFFEVERHGPMGOMXEKEMRMRXLIWEQI
WTSX8LMWWLSYPHGEYWIXLIMRWTIGXSVXSGLERKIEKEMR
WSMXPSSOWPMOI*MKYVI
&]GPMGOMRKXLIXEFFEVEKEMRMRXLIWEQIWTSX[IvZI
GLERKIHXLIWIPIGXMSRJVSQXLIZMI[GSRXVSPPIVEWWSGM
EXIH[MXLXLIXEFFEVMXIQXSXLIXEFFEVMXIQMXWIPJ-R
SXLIV[SVHWXLIJMVWXGPMGOWIPIGXIHXLIJMVWXSJXLIJMZI
WYFZMI[vWZMI[GSRXVSPPIVW8LIWIGSRHGPMGOWIPIGXWXLI
XEFFEVMXIQMXWIPJWSXLEX[IGERWIXMXWXMXPIERHMGSR
8LMWMW[LIVI[IGERWTIGMJ]XLIXEFFEVMXIQvWMGSR
ERHXMXPI'LERKIXLI8MXPIJVSQ-XIQXS(EXIGPMGOXLI
-QEKIGSQFSFS\ERHWIPIGXXLIGPSGOMGSRTRKMQEKI
-J]SYEVIYWMRK]SYVS[RWIXSJMGSRWWIPIGXSRISJXLI
TRKJMPIW]SYTVSZMHIHMRWXIEH*SVXLIVIWXSJXLMWGLETXIV[IvPPHMWGYWWXLIVIWSYVGIW[I
TVSZMHIH1EOIEHNYWXQIRXWJSV]SYVS[RQIHMEEWRIGIWWEV]
-J]SYPSSOSZIVEXXLI8EF&EV'SRXVSPPIV[MRHS[]SYvPPWIIXLEXXLIPIJXQSWXXEFFEVMXIQ

RS[VIEHW(EXIERHLEWETMGXYVISJEGPSGOSRMX;IRS[RIIHXSVITIEXXLMWTVSGIWWJSVXLI
SXLIVJSYVXEFFEVMXIQW
8LIWIGSRHZMI[GSRXVSPPIVWLSYPHFIKMZIREXMXPISJ7MRKPIERHERMFREQISJ
7MRKPI'SQTSRIRX4MGOIV:MI[-RXLIMHIRXMX]MRWTIGXSVMXWGPEWWWLSYPHFIGLERKIH
XS7MRKPI'SQTSRIRX4MGOIV:MI['SRXVSPPIV8LIWIGSRHXEFFEVMXIQWLSYPHFIKMZIREXMXPISJ
7MRKPIERHMXWLSYPHYWIXLIMGSRGEPPIHWMRKPIMGSRTRK
8LIXLMVHZMI[GSRXVSPPIVWLSYPHFIKMZIREXMXPISJ(SYFPIERHERMFREQISJ
(SYFPI'SQTSRIRX4MGOIV:MI[-XWGPEWWWLSYPHFIGLERKIHXS(SYFPI'SQTSRIRX4MGOIV:MI[
'SRXVSPPIV8LIXLMVHXEFFEVMXIQWLSYPHFIEWWMKRIHEXMXPISJ(SYFPIERHMXWLSYPHFI
EWWMKRIHXLIMQEKIGEPPIHHSYFPIMGSRTRK
8LIJSYVXLZMI[GSRXVSPPIVWLSYPHFIEWWMKRIHEXMXPISJ(ITIRHIRXERHERMFREQISJ
(ITIRHIRX'SQTSRIRX4MGOIV:MI[-XWGPEWWWLSYPHFIGLERKIHXS(ITIRHIRX'SQTSRIRX4MGOIV
:MI['SRXVSPPIV8LIJSYVXLXEFFEVMXIQKIXWEXMXPISJ(ITIRHIRXERHWLSYPHFIEWWMKRIHXLI
MGSRMQEKIHITIRHIRXMGSRTRK
8LIJMJXLERHPEWXZMI[GSRXVSPPIVWLSYPHFIEWWMKRIHEXMXPISJ'YWXSQERMFREQISJ'YWXSQ
4MGOIV:MI[-XWGPEWWWLSYPHFIGLERKIHXS'YWXSQ4MGOIV:MI['SRXVSPPIV8LIPEWXXEFFEVMXIQ
EPWSKIXWEXMXPISJ'YWXSQERHXLIXSSPMGSRTRKMGSR
*MKYVI8LIXEFFEVMXIQ
EXXVMFYXIWMRWTIGXSV
',%48)6 8EF&EVWERH4MGOIVW

%PPXLEX[ILEZIPIJXXSHSMRXLMWRMFJMPIMWXSGSRXVSPHVEKJVSQXLI4MGOIVW%TT(IPIKEXIMGSR
XSXLI8EF&EV'SRXVSPPIVMGSRWIPIGXMRKXLIVSSX'SRXVSPPIVSYXPIX7EZI]SYVRMFERHKSFEGO
XS<GSHI
%XXLMWTSMRXXLIXEFFEVERHXLIGSRXIRXZMI[WWLSYPHEPPFILSSOIHYTERH[SVOMRK'SQ
TMPIERHVYRERH]SYVETTPMGEXMSRWLSYPHPEYRGL[MXLEXSSPFEVXLEXJYRGXMSRWGPMGOMRKEXEF
WLSYPHWIPIGXMX8LIVIvWRSXLMRKMRXLIGSRXIRXZMI[WRS[WSXLIGLERKIW[SRvXFIZIV]
HVEQEXMG&YXMJIZIV]XLMRK[IRXSOE]XLIFEWMGJVEQI[SVOJSV]SYVQYPXMZMI[ETTPMGEXMSRMW
RS[WIXYTERH[SVOMRKERH[IGERWXEVXHIWMKRMRKXLIMRHMZMHYEPGSRXIRXZMI[W
8-4

-J]SYVWMQYPEXSVFYVWXWMRXSJPEQIW[LIR]SYGPMGOSRISJXLIXEFWHSRvXTERMG1SWXPMOIP]]SYvZIIMXLIV
QMWWIHEWXITSVQEHIEX]TS+SFEGOERHGLIGOEPPXLIRMFJMPIREQIWQEOIWYVIXLIGSRRIGXMSRWEVI
VMKLXERHQEOIWYVIXLIGPEWWREQIWEVIEPPWIXGSVVIGXP]
-J]SY[ERXXSQEOIHSYFPIWYVIIZIV]XLMRKMW[SVOMRK]SYGEREHHEHMJJIVIRXPEFIPSVWSQI
SXLIVSFNIGXXSIEGLSJXLIGSRXIRXZMI[WERHXLIRVIPEYRGLXLIETTPMGEXMSR-JIZIV]XLMRKMW
[SVOMRK]SYvPPWIIXLIGSRXIRXSJXLIHMJJIVIRXZMI[WGLERKIEW]SYWIPIGXHMJJIVIRXXEFW
-QTPIQIRXMRKXLI(EXI4MGOIV
8SMQTPIQIRXXLIHEXITMGOIV[IvPPRIIHEWMRKPISYXPIXERHEWMRKPIEGXMSR8LISYXPIX
[MPPFIYWIHXSKVEFXLIZEPYIJVSQXLIHEXITMGOIV8LIEGXMSR[MPPFIXVMKKIVIHF]EFYX
XSRERH[MPPXLVS[YTEREPIVXXSWLS[XLIHEXIZEPYITYPPIHJVSQXLITMGOIV7MRKPIGPMGO
(EXI4MGOIV:MI['SRXVSPPIVLERHEHHXLIJSPPS[MRKGSHI
MQTSVX 9-/MX9-/MXL"
$MRXIVJEGI(EXI4MGOIV:MI['SRXVSPPIV9-:MI['SRXVSPPIV_
-&3YXPIX9-(EXI4MGOIVHEXI4MGOIV
a
$TVSTIVX]RSREXSQMGVIXEMR9-(EXI4MGOIVHEXI4MGOIV
-&%GXMSRFYXXSR4VIWWIH
$IRH
7EZIXLMWJMPIERHHSYFPIGPMGO(EXI4MGOIV:MI[\MFXSSTIRXLIGSRXIRXZMI[JSVXLMWJMVWXXEF
MR-RXIVJEGI&YMPHIV8LIJMVWXXLMRK[IRIIHMWEHEXITMGOIVWSPSSOJSV(EXI4MGOIVMRXLI
PMFVEV]WII*MKYVIERHHVEKSRISZIVXSXLI:MI[[MRHS[-JXLI:MI[[MRHS[MWRSX
STIRSTIRMXF]HSYFPIGPMGOMRKXLI:MI[MGSRMRXLIRMFvWQEMR[MRHS[
',%48)6 8EF&EVWERH4MGOIVW

4PEGIXLIHEXITMGOIVVMKLXEXXLIXSTSJXLIZMI[
-XWLSYPHXEOIYTXLIIRXMVI[MHXLSJ]SYVGSRXIRX
ZMI[ERHEKSSHTSVXMSRSJXLILIMKLX(SRvXYWI
XLIFPYIKYMHIPMRIWJSVXLITMGOIVMXvWHIWMKRIH
XSJMXWRYKP]EKEMRWXXLIIHKIWSJXLIZMI[WII
*MKYVI

7MRKPIGPMGOXLIHEXITMGOIVMJMXvWRSXEPVIEH]WIPIGXIH
ERHTVIWW XSFVMRKYTXLIEXXVMFYXIWMRWTIGXSV%W
]SYGERWIIMR*MKYVIERYQFIVSJEXXVMFYXIWGER
FIGSRJMKYVIHJSVEHEXITMGOIV=SY[SRvXKIXSJJXLMW
IEW][MXLXLIVIWXSJXLITMGOIVWWSIRNS]MX[LMPI]SY
GER;IvVIKSMRKXSPIEZIQSWXSJXLIZEPYIWEXXLIMV
HIJEYPXWXLSYKL]SYWLSYPHJIIPJVIIXSTPE][MXLXLI
STXMSRW[LIR[IvVIHSRIXSWII[LEXXLI]HS8LISRI
XLMRK[IEVIKSMRKXSHSMWPMQMXXLIVERKISJXLITMGOIV
XSVIEWSREFPIHEXIW'LERKIXLI1MRMQYQHEXIZEPYIXS
ERHGLERKIXLI1E\MQYQXS
2I\XKVEFE6SYRH6IGX&YXXSRJVSQXLIPMFVEV]ERH
TPEGIMXFIPS[XLIHEXITMGOIV(SYFPIGPMGOMXERHKMZI
MXEXMXPISJ7IPIGXERHTVIWW XSW[MXGLXSXLIGSR
RIGXMSRWMRWTIGXSV(VEKJVSQXLIGMVGPIRI\XXSXLI
8SYGL9T-RWMHIIZIRXSZIVXSXLI*MPIvW3[RIVMGSRERH
GSRRIGXXSXLIFYXXSR4VIWWIHEGXMSR8LIRGSRXVSPHVEK
JVSQXLI*MPIvW3[RIVMGSRFEGOXSXLIHEXITMGOIVERH
WIPIGXXLIHEXI4MGOIVSYXPIX7EZIGPSWIXLIRMFERHKS
FEGOXS<GSHI
*MKYVI8LI(EXI4MGOIVMRXLI
PMFVEV]
*MKYVI4PEGIEPPTMGOIVWVMKLXYT
EKEMRWXXLIIHKIWSJXLIZMI[
*MKYVI8LIEXXVMFYXIWMRWTIG
XSVJSVE(EXI4MGOIV
',%48)6 8EF&EVWERH4MGOIVW

2S[[INYWXRIIHXSMQTPIQIRX
(EXI4MGOIV:MI['SRXVSPPIV

WSGPMGO
(EXI4MGOIV:MI['SRXVSPPIVQERHEHHXLIJSPPS[MRKGSHI
MQTSVX(EXI4MGOIV:MI['SRXVSPPIVL
$MQTPIQIRXEXMSR(EXI4MGOIV:MI['SRXVSPPIV
$W]RXLIWM^IHEXI4MGOIV
MHMRMX;MXL2MF2EQI277XVMRKRMF2EQI3V2MP
FYRHPI27&YRHPIRMF&YRHPI3V2MP_
MJWIPJ!?WYTIVMRMX;MXL2MF2EQIRMF2EQI3V2MPFYRHPIRMF&YRHPI3V2MPA
_
-RMXMEPM^EXMSRGSHI
a
VIXYVRWIPJ
a
-&%GXMSRFYXXSR4VIWWIH_
27(EXIWIPIGXIH!?HEXI4MGOIVHEXIA
277XVMRKQIWWEKI!??277XVMRKEPPSGAMRMX;MXL*SVQEX
$8LIHEXIERHXMQI]SYWIPIGXIHMW$WIPIGXIHA
9-%PIVX:MI[EPIVX!??9-%PIVX:MI[EPPSGA
MRMX;MXL8MXPI$(EXIERH8MQI7IPIGXIH
QIWWEKIQIWWEKI
HIPIKEXIRMP
GERGIP&YXXSR8MXPI$=IW-HMH
SXLIV&YXXSR8MXPIWRMPA
?EPIVXWLS[A
?EPIVXVIPIEWIA
?QIWWEKIVIPIEWIA
a
ZSMHZMI[(MH0SEH_
27(EXIRS[!??27(EXIEPPSGAMRMXA
?HEXI4MGOIVWIX(EXIRS[ERMQEXIH=)7A

?RS[VIPIEWIA
a
&330WLSYPH%YXSVSXEXI8S-RXIVJEGI3VMIRXEXMSR
9 RXIVJEGI3VMIRXEXMSRMRXIVJEGI3VMIRXEXMSR_
6IXYVR=)7JSVWYTTSVXIHSVMIRXEXMSRW
VIXYVRMRXIVJEGI3VMIRXEXMSR!!9 RXIVJEGI3VMIRXEXMSR4SVXVEMX
a
ZSMHHMH6IGIMZI1IQSV];EVRMRK_
?WYTIVHMH6IGIMZI1IQSV];EVRMRKA
6IPIEWIWXLIZMI[MJMXHSIWRXLEZIEWYTIVZMI[
6IPIEWIER]XLMRKXLEXWRSXIWWIRXMEPWYGLEWGEGLIHHEXE
a
',%48)6 8EF&EVWERH4MGOIVW

ZSMHHIEPPSG_
?HEXI4MGOIVVIPIEWIA
?WYTIVHIEPPSGA
a
;IEHHIHXLIMQTPIQIRXEXMSRSJ
FYXXSR4VIWWIH
ERH[ISZIVVSHI
ZMI[(MH0SEH
-R
FYXXSR4VIWWIH
[IYWISYV
HEXI4MGOIV
SYXPIXXSKIXXLIGYVVIRXHEXIZEPYIJVSQXLIHEXI
TMGOIVERHXLIR[IGSRWXVYGXEWXVMRKFEWIHSRXLEXHEXIERHYWIMXXSWLS[EREPIVXWLIIX
-R
ZMI[(MH0SEH

[IGVIEXIHERI[
27(EXI
SFNIGX%R
27(EXI
SFNIGXGVIEXIHXLMW[E][MPP
LSPHXLIGYVVIRXHEXIERHXMQI;IXLIRWIX
HEXI4MGOIV
XSXLEXHEXI[LMGLIRWYVIWXLEX
IZIV]XMQIXLMWZMI[PSEHWXLITMGOIV[MPPVIWIXXSXLIGYVVIRXHEXIERHXMQI
+SELIEHERHFYMPHERHVYRQEOIWYVI]SYVHEXITMGOIVGLIGOWSYX-JIZIV]XLMRK[IRX3/
]SYVETTPMGEXMSRWLSYPHPSSOPMOI*MKYVI[LIRMXVYRW-J]SYGPMGOXLI7IPIGXFYXXSRER
EPIVXWLIIX[MPPTSTYTXIPPMRK]SYXLIHEXIERHXMQIGYVVIRXP]WIPIGXIHMRXLIHEXITMGOIV
8LSYKLXLIHEXITMGOIVHSIWRSXEPPS[]SYXSWTIGMJ]WIGSRHWSVEXMQI^SRIXLIEPIVXXLEX
HMWTPE]WXLIWIPIGXIHHEXIERHXMQIHMWTPE]WFSXLWIGSRHWERHEXMQI^SRISJJWIX;IGSYPH
LEZIEHHIHEJSVQEXXIVXSWMQTPMJ]XLIWXVMRKHMWTPE]IHMRXLIEPIVXFYXMWRvXXLMWGLETXIV
PSRKIRSYKLEPVIEH]#
-QTPIQIRXMRKXLI7MRKPI'SQTSRIRX4MGOIV
;IPPHEXITMGOIVWEVIIEW]IRSYKLFYXPIXvWPSSOEXYWMRKTMGOIVWXLEXPIXXLIYWIVWIPIGXJVSQ
EPMWXSJZEPYIW-RXLMWI\EQTPI[IvVIKSMRKXSGVIEXIER
27%VVE]
XSLSPHXLIZEPYIW[I[ERX
XSHMWTPE]MRXLITMGOIV4MGOIVWHSRvXLSPHER]HEXEXLIQWIPZIW-RWXIEHXLI]GEPPQIXLSHW
SRXLIMVHEXEWSYVGIERHHIPIKEXIXSKIXXLIHEXEXLI]RIIHXSHMWTPE]8LITMGOIVHSIWRvX
VIEPP]GEVI[LIVIXLIYRHIVP]MRKHEXEMW-XEWOWJSVXLIHEXE[LIRMXRIIHWMXERHXLIHEXE
WSYVGIERHHIPIKEXI[SVOXSKIXLIVXSWYTTP]XLEXHEXE%WEVIWYPXXLIHEXEGSYPHFIGSQMRK
JVSQEWXEXMGPMWXEW[IvPPHSMRXLMWWIGXMSRSVGSYPHFIPSEHIHJVSQEJMPISVE960SVIZIR
QEHIYTSVGEPGYPEXIHSRXLIJP]
(IGPEVMRK3YXPIXWERH%GXMSRW
%WEP[E]W[IRIIHXSQEOIWYVISYVSYXPIXWERHEGXMSRWEVIMRTPEGIMRSYVGSRXVSPPIVvW
LIEHIVJMPIFIJSVI[IWXEVX[SVOMRKMR-RXIVJEGI&YMPHIV-R<GSHIWMRKPIGPMGO

7MRKPI'SQTSRIRX4MGOIV:MI['SRXVSPPIVL8LMWGSRXVSPPIVGPEWW[MPPEGXEWFSXLXLIHEXEWSYVGIERH
XLIHIPIKEXIJSVMXWTMGOIVWS[IRIIHXSQEOIWYVIMXGSRJSVQWXSXLITVSXSGSPWJSVXLSWIX[S
VSPIW-REHHMXMSR[IvPPRIIHXSHIGPEVIERSYXPIXERHEREGXMSR%HHXLIJSPPS[MRKGSHI
MQTSVX 9-/MX9-/MXL"
$MRXIVJEGI7MRKPI'SQTSRIRX4MGOIV:MI['SRXVSPPIV9-:MI['SRXVSPPIV
 9-4MGOIV:MI[(IPIKEXI9-4MGOIV:MI[(EXE7SYVGI"_
',%48)6 8EF&EVWERH4MGOIVW

-&3YXPIX9-4MGOIV:MI[WMRKPI4MGOIV
27%VVE]TMGOIV(EXE
a
$TVSTIVX]RSREXSQMGVIXEMR9-4MGOIV:MI[WMRKPI4MGOIV
$TVSTIVX]RSREXSQMGVIXEMR27%VVE]TMGOIV(EXE
-&%GXMSRFYXXSR4VIWWIH
$IRH
;IWXEVXF]GSRJSVQMRKSYVGSRXVSPPIVGPEWWXSX[STVSXSGSPW
9-4MGOIV:MI[(IPIKEXI
ERH
9-4MGOIV:MI[(EXE7SYVGI
%JXIVXLEX[IHIGPEVIERSYXPIXJSVXLITMGOIVERHETSMRXIVXS
ER
27%VVE]
[LMGL[MPPFIYWIHXSLSPHXLIPMWXSJMXIQWXLEX[MPPFIHMWTPE]IHMRXLITMGOIV
*MREPP][IHIGPEVIXLIEGXMSRQIXLSHJSVXLIFYXXSRNYWXEW[IHMHJSVXLIHEXITMGOIV
&YMPHMRKXLI:MI[
(SYFPIGPMGO7MRKPI'SQTSRIRX4MGOIV:MI[\MFXS
STIRXLIGSRXIRXZMI[JSVXLIWIGSRHXEFMRSYVXEF
FEV&VMRKSZIVE4MGOIV:MI[JVSQXLIPMFVEV]WII
*MKYVIERHEHHMXXS]SYVRMFvW:MI[[MRHS[
TPEGMRKMXWRYKP]MRXSXLIXSTSJXLIZMI[EW]SYHMH

[MXLXLIHEXITMGOIVZMI[
%JXIVTPEGMRKXLITMGOIVGSRXVSPHVEKJVSQ*MPIvW
3[RIVXSXLITMGOIVZMI[ERHWIPIGXXLIWMRKPI4MGOIV
SYXPIX2I\XWMRKPIGPMGOXLITMGOIVMJMXvWRSXEPVIEH]
WIPIGXIHERHTVIWW XSFVMRKYTXLIGSRRIGXMSRW
MRWTIGXSV-J]SYPSSOEXXLIGSRRIGXMSRWEZEMPEFPIJSV
XLITMGOIVZMI[]SYvPPWIIXLEXXLIJMVWXX[SMXIQWEVI
(EXE7SYVGIERH(IPIKEXI(VEKJVSQXLIGMVGPIRI\XXS(EXE7SYVGIXSXLI*MPIvW3[RIVMGSR
8LIRHVEKEKEMRJVSQXLIGMVGPIRI\XXS(IPIKEXIXSXLI*MPIvW3[RIVMGSR2S[XLMWTMGOIV
ORS[WXLEXXLIMRWXERGISJXLI
7MRKPI'SQTSRIRX4MGOIV:MI['SRXVSPPIV
GPEWW
MWMXWHEXEWSYVGIERHHIPIKEXIERH[MPPEWOMXXSWYTTP]XLIHEXEXSFIHMWTPE]IH-RSXLIV
[SVHW[LIRXLITMGOIVRIIHWMRJSVQEXMSREFSYXXLIHEXEMXMWKSMRKXSHMWTPE]MXEWOW
XLI
7MRKPI'SQTSRIRX4MGOIV:MI['SRXVSPPIV
MRWXERGIXLEXGSRXVSPWXLMWZMI[JSVXLEX
MRJSVQEXMSR
(VEKE6SYRH6IGX&YXXSRXSXLIZMI[HSYFPIGPMGOMXERHKMZIMXEXMXPISJ7IPIGX4VIWWVIXYVR
XSGSQQMXXLIGLERKI-RXLIGSRRIGXMSRWMRWTIGXSVHVEKJVSQXLIGMVGPIRI\XXS8SYGL9T
-RWMHIXSXLI*MPIvW3[RIVMGSRWIPIGXMRKXLIFYXXSR4VIWWIHEGXMSR7EZIXLIRMFJMPIGPSWIMX
ERHKSFEGOXS<GSHI
*MKYVI8LI4MGOIV:MI[MRXLI
PMFVEV]
',%48)6 8EF&EVWERH4MGOIVW

-QTPIQIRXMRKXLI'SRXVSPPIV%W(EXEWSYVGIERH(IPIKEXI
8SQEOISYVGSRXVSPPIV[SVOTVSTIVP]EWXLITMGOIVvWHEXEWSYVGIERHHIPIKEXI[IEVI
KSMRKXSLEZIXSMQTPIQIRXEJI[QIXLSHWXLEX]SYvZIRIZIVWIIRFIJSVI7MRKPIGPMGO
7MRKPI'SQTSRIRX4MGOIV:MI['SRXVSPPIVQERHEHHXLIJSPPS[MRKGSHI

MQTSVX7MRKPI'SQTSRIRX4MGOIV:MI['SRXVSPPIVL
$MQTPIQIRXEXMSR7MRKPI'SQTSRIRX4MGOIV:MI['SRXVSPPIV
$W]RXLIWM^IWMRKPI4MGOIV
$W]RXLIWM^ITMGOIV(EXE
MHMRMX;MXL2MF2EQI277XVMRKRMF2EQI3V2MP
FYRHPI27&YRHPIRMF&YRHPI3V2MP_
MJWIPJ!?WYTIVMRMX;MXL2MF2EQIRMF2EQI3V2MP
FYRHPIRMF&YRHPI3V2MPA_
-RMXMEPM^EXMSRGSHI
a
VIXYVRWIPJ
a
-&%GXMSRFYXXSR4VIWWIH
_
27-RXIKIVVS[!?WMRKPI4MGOIVWIPIGXIH6S[-R'SQTSRIRXA
277XVMRKWIPIGXIH!?TMGOIV(EXESFNIGX%X-RHI\VS[A
277XVMRKXMXPI!??277XVMRKEPPSGAMRMX;MXL*SVQEX
$=SYWIPIGXIH$WIPIGXIHA
9-%PIVX:MI[EPIVX!??9-%PIVX:MI[EPPSGAMRMX;MXL8MXPIXMXPI
QIWWEKI$8LERO]SYJSVGLSSWMRK
HIPIKEXIRMP
GERGIP&YXXSR8MXPI$=SYVI;IPGSQI
SXLIV&YXXSR8MXPIWRMPA
?EPIVXWLS[A
?EPIVXVIPIEWIA
?XMXPIVIPIEWIA
a
ZSMHZMI[(MH0SEH_
27%VVE]EVVE]!??27%VVE]EPPSGAMRMX;MXL3FNIGXW$0YOI$0IME
$,ER$'LI[FEGGE$%VXSS$8LVIITMS$0ERHSRMPA

WIPJTMGOIV(EXE!EVVE]
?EVVE]VIPIEWIA
a
&330WLSYPH%YXSVSXEXI8S-RXIVJEGI3VMIRXEXMSR
9 RXIVJEGI3VMIRXEXMSRMRXIVJEGI3VMIRXEXMSR_
6IXYVR=)7JSVWYTTSVXIHSVMIRXEXMSRW
VIXYVRMRXIVJEGI3VMIRXEXMSR!!9 RXIVJEGI3VMIRXEXMSR4SVXVEMX
a
',%48)6 8EF&EVWERH4MGOIVW

ZSMHHMH6IGIMZI1IQSV];EVRMRK_
?WYTIVHMH6IGIMZI1IQSV];EVRMRKA
6IPIEWIWXLIZMI[MJMXHSIWRXLEZIEWYTIVZMI[
6IPIEWIER]XLMRKXLEXWRSXIWWIRXMEPWYGLEWGEGLIHHEXE
a
ZSMHHIEPPSG_
?WMRKPI4MGOIVVIPIEWIA
?TMGOIV(EXEVIPIEWIA
?WYTIVHIEPPSGA
a
TVEKQEQEVO
TVEKQEQEVO4MGOIV(EXE7SYVGI1IXLSHW
27-RXIKIVRYQFIV3J'SQTSRIRXW-R4MGOIV:MI[9-4MGOIV:MI[TMGOIV:MI[
_
VIXYVR
a
27-RXIKIVTMGOIV:MI[9-4MGOIV:MI[TMGOIV:MI[
RYQFIV3J6S[W-R'SQTSRIRX27-RXIKIVGSQTSRIRX
_
VIXYVR?TMGOIV(EXEGSYRXA

a
TVEKQEQEVO4MGOIV(IPIKEXI1IXLSHW
277XVMRKTMGOIV:MI[9-4MGOIV:MI[TMGOIV:MI[
XMXPI*SV6S[27-RXIKIVVS[
JSV'SQTSRIRX27-RXIKIVGSQTSRIRX
_
VIXYVR?TMGOIV(EXESFNIGX%X-RHI\VS[A
a
$IRH
8LIJMVWXX[SQIXLSHWWLSYPHFIJEQMPMEVXS]SYF]RS[8LI
FYXXSR4VIWWIH
QIXLSHMW
RIEVP]MHIRXMGEPXSXLISRI[IYWIH[MXLXLIHEXITMGOIV9RPMOIXLIHEXITMGOIVEVIKYPEV
TMGOIVGERvXXIPPYW[LEXHEXEMXLSPHWFIGEYWIMXHSIWRvXQEMRXEMRXLIHEXE-XLERHWXLEXNSF
SJJXSXLIHIPIKEXIERHHEXEWSYVGI-RWXIEH[ILEZIXSEWOXLITMGOIV[LMGLVS[MWWIPIGXIH
ERHXLIRKVEFXLIGSVVIWTSRHMRKHEXEJVSQSYV
TMGOIV(EXE
EVVE]
,IVIMWLS[[IEWOMXJSVXLIWIPIGXIHVS[
27-RXIKIVVS[!?WMRKPI4MGOIVWIPIGXIH6S[-R'SQTSRIRXA
',%48)6 8EF&EVWERH4MGOIVW

2SXMGIXLEX[ILEHXSWTIGMJ][LMGLGSQTSRIRX[I[ERXXSORS[EFSYX;ISRP]LEZISRI
GSQTSRIRXMRXLMWTMGOIVWS[IWMQTP]TEWWMR

[LMGLMWXLIMRHI\SJXLIJMVWXGSQTSRIRX
'%98-32
(MH]SYRSXMGIXLEXXLIVIMWRSEWXIVMWOFIX[IIR
27-RXIKIV
ERH

VS[
%PXLSYKLSRXLIM4LSRIXLI
TVIJM\w27xYWYEPP]MRHMGEXIWER3FNIGXMZI'GPEWWJVSQXLI*SYRHEXMSRJVEQI[SVOXLMWMWSRISJXLI
I\GITXMSRWXSXLEXKIRIVEPVYPI
27-RXIKIV
MWEP[E]WHIJMRIHEWERMRXIKIVHEXEX]TIIMXLIVER
MRX

SVE
PSRK
;IYWI
27-RXIKIV
VEXLIVXLER
MRX
SV
PSRK
FIGEYWI[LIR[IYWI
27-RXIKIV
XLI
GSQTMPIVEYXSQEXMGEPP]GLSSWIW[LMGLIZIVWM^IMWFIWXJSVXLITPEXJSVQJSV[LMGL[IEVIGSQTMPMRK-X[MPP
GVIEXIEFMX
MRX
[LIRGSQTMPMRKJSVEFMXTVSGIWWSVERHEPSRKIVFMX
PSRK
[LIRGSQTMPMRKJSV
EFMXEVGLMXIGXYVI%XTVIWIRXXLIVIMWRSFMXM4LSRIFYX[LSORS[W#7SQIHE]MRXLIJYXYVIXLIVI
QE]FI=SYQMKLXEPWS[VMXIGPEWWIWJSV]SYVM4LSRIETTPMGEXMSRWXLEX]SYvPPPEXIV[ERXXSVIG]GPIERHYWI
MR'SGSEETTPMGEXMSRWJSV1EG37<[LMGLEPVIEH]HSIWVYRSRFSXLERHFMXQEGLMRIW
-R
ZMI[(MH0SEH

[IGVIEXIEREVVE][MXLWIZIVEPSFNIGXWWSXLEX[ILEZIHEXEXSJIIHXLI
TMGOIV9WYEPP]]SYVHEXE[MPPGSQIJVSQSXLIVWSYVGIWPMOIETVSTIVX]PMWXMR]SYVTVSNIGXvW
6IWSYVGIWJSPHIV&]IQFIHHMRKEPMWXSJMXIQWMRSYVGSHIXLI[E][IvZIHSRILIVI[IEVI
QEOMRKMXQYGLLEVHIVSRSYVWIPZIWMJ[IRIIHXSYTHEXIXLMWPMWXSVMJ[I[ERXXSLEZISYV
ETTPMGEXMSRXVERWPEXIHMRXSSXLIVPERKYEKIW&YXXLMWETTVSEGLMWXLIUYMGOIWXERHIEWMIWX
[E]XSKIXHEXEMRXSEREVVE]JSVHIQSRWXVEXMSRTYVTSWIW)ZIRXLSYKL]SY[SRvXYWYEPP]
GVIEXI]SYVEVVE]WPMOIXLMW]SY[MPPEPQSWXEP[E]WGEGLIXLIHEXE]SYEVIYWMRKMRXSEREVVE]
LIVIMRXLI
ZMI[(MH0SEH
QIXLSHWSXLEX]SYvVIRSXGSRWXERXP]KSMRKXSHMWOSVXSXLIRIX
[SVOIZIV]XMQIXLITMGOIVEWOW]SYJSVHEXE
8-4
-J]SYvVIRSXWYTTSWIHXSGVIEXIEVVE]WJVSQPMWXWSJSFNIGXWMR]SYVGSHIEW[INYWXHMHMR
ZMI[(MH0SEH

LS[WLSYPH]SYHSMX#)QFIHXLIPMWXWMRTVSTIVX]PMWXJMPIWERHEHHXLSWIJMPIWXSXLI6IWSYVGIWJSPHIVSJ
]SYVTVSNIGX4VSTIVX]PMWXJMPIWGERFIGLERKIH[MXLSYXVIGSQTMPMRK]SYVWSYVGIGSHI[LMGLQIERWRS
VMWOSJMRXVSHYGMRKRI[FYKW[LIR]SYHSWS=SYGEREPWSTVSZMHIHMJJIVIRXZIVWMSRWSJXLIPMWXJSVHMJJIV
IRXPERKYEKIWEW]SYvPPWIIMRXLIGLETXIVSRPSGEPM^MRK]SYVETTPMGEXMSR'LETXIV4VSTIVX]PMWXWGER
FIGVIEXIHYWMRKXLI4VSTIVX]0MWX)HMXSVETTPMGEXMSRPSGEXIHEX(IZIPSTIV%TTPMGEXMSRW9XMPMXMIW4VSTIVX]
0MWX)HMXSVETTSVVMKLXMR<GSHI[LMGLWYTTSVXWXLIIHMXMRKSJTVSTIVX]PMWXWMRXLIIHMXSVTERI&SXL
27%VVE]
ERH
27(MGXMSREV]
SJJIVEQIXLSHGEPPIH
MRMX;MXL'SRXIRXW3J*MPI
XSEPPS[]SY
XSMRMXMEPM^IMRWXERGIWJVSQETVSTIVX]JMPIWSQIXLMRK[IvPPHSMRXLMWGLETXIV[LIRMQTPIQIRXMRKXLI
(ITIRHIRXXEF
',%48)6 8EF&EVWERH4MGOIVW


%XXLIFSXXSQSJXLIJMPI[IKIXMRXSXLIRI[QIXLSHWVIUYMVIHXSMQTPIQIRXXLITMGOIV
8LIJMVWXX[SQIXLSHWEJXIV
HIEPPSG
EVIJVSQXLI
9-4MGOIV:MI[(EXE7SYVGI
TVSXSGSPERH
XLI]EVIFSXLVIUYMVIHJSVEPPTMGOIVWI\GITXHEXITMGOIVW,IVIvWXLIJMVWXSRI
27-RXIKIVRYQFIV3J'SQTSRIRXW-R4MGOIV:MI[9-4MGOIV:MI[TMGOIV:MI[
_
VIXYVR
a
4MGOIVWGERLEZIQSVIXLERSRIWTMRRMRK[LIIPSVGSQTSRIRXERHXLMWMWLS[XLITMGOIV
EWOWLS[QER]GSQTSRIRXWMXWLSYPHHMWTPE];ISRP][ERXXSHMWTPE]SRIPMWXXLMWXMQIWS
[IWMQTP]VIXYVREZEPYISJ

2SXMGIXLEXE
9-4MGOIV:MI[
MWTEWWIHMREWETEVEQIXIV8LMW
TEVEQIXIVTSMRXWXSXLITMGOIVZMI[XLEXMWEWOMRKYWXLIUYIWXMSR[LMGLQEOIWMXTSWWMFPI
XSLEZIQYPXMTPITMGOIVWFIMRKGSRXVSPPIHF]XLIWEQIHEXEWSYVGI-RSYVGEWI[IORS[XLEX
[ILEZISRP]SRITMGOIVWS[IGERWEJIP]MKRSVIXLMWEVKYQIRXFIGEYWI[IEPVIEH]ORS[
[LMGLTMGOIVMWGEPPMRKYW
8LIWIGSRHHEXEWSYVGIQIXLSHMWYWIHF]XLITMGOIVXSEWOLS[QER]VS[WSJHEXEXLIVIEVI
JSVEKMZIRGSQTSRIRX
27-RXIKIVTMGOIV:MI[9-4MGOIV:MI[TMGOIV:MI[
RYQFIV3J6S[W-R'SQTSRIRX27-RXIKIVGSQTSRIRX
_
VIXYVR?TMGOIV(EXEGSYRXA
a

3RGIEKEMR[IEVIXSPH[LMGLTMGOIVZMI[MWEWOMRKERH[LMGLGSQTSRIRXXLEXTMGOIVMW
EWOMRKEFSYX7MRGI[IORS[XLEX[ILEZISRP]SRITMGOIVERHSRIGSQTSRIRX[IHSRvX
FSXLIV[MXLIMXLIVSJXLIEVKYQIRXWERHWMQTP]VIXYVRXLIGSYRXSJSFNIGXWJVSQSYVHEXE
EVVE]
%JXIVXLIX[SHEXEWSYVGIQIXLSHW[IMQTPIQIRXSRIHIPIKEXIQIXLSH9RPMOIXLIHEXE
WSYVGIQIXLSHWEPPSJXLIHIPIKEXIQIXLSHWEVISTXMSREP8LIXIVQwSTXMSREPxMWEFMXHIGIMZMRK
FIGEYWI]SYHSLEZIXSMQTPIQIRXEXPIEWXSRIHIPIKEXIQIXLSH=SY[MPPYWYEPP]MQTPIQIRX
XLIQIXLSHXLEX[IEVIMQTPIQIRXMRKLIVI%W]SYvPPWII[LIR[IKIXXSXLIGYWXSQTMGOIVMJ
]SY[ERXXSHMWTPE]WSQIXLMRKSXLIVXLERXI\XMRXLITMGOIV]SYLEZIXSMQTPIQIRXEHMJJIVIRX
QIXLSHMRWXIEH
277XVMRKTMGOIV:MI[9-4MGOIV:MI[TMGOIV:MI[
XMXPI*SV6S[27-RXIKIVVS[
JSV'SQTSRIRX27-RXIKIVGSQTSRIRX
_
VIXYVR?TMGOIV(EXESFNIGX%X-RHI\VS[A
a
',%48)6 8EF&EVWERH4MGOIVW

46%+1%;,%8#
(MH]SYRSXMGIXLIWIPMRIWSJGSHIJVSQ7MRKPI'SQTSRIRX4MGOIV:MI['SRXVSPPIVQ#
TVEKQEQEVO
TVEKQEQEVO4MGOIV(EXE7SYVGI1IXLSHW
%R]PMRISJGSHIXLEXFIKMRW[MXL
TVEKQE
MWXIGLRMGEPP]EGSQTMPIVHMVIGXMZIWTIGMJMGEPP]ETVEKQEXMGSV
GSQTMPIVWTIGMJMGHMVIGXMZIXLEX[SRvXRIGIWWEVMP][SVO[MXLSXLIVGSQTMPIVWSVMRSXLIVIRZMVSRQIRXW-J
XLIGSQTMPIVHSIWRvXVIGSKRM^IXLIHMVIGXMZIMXMKRSVIWMXXLSYKLMXQE]KIRIVEXIE[EVRMRK-RXLMWGEWIXLI
TVEKQE
HMVIGXMZIWEVIEGXYEPP]HMVIGXMZIWXSXLI-()RSXXLIGSQTMPIVERHXLI]XIPP<GSHIvWIHMXSVXSTYX
EFVIEOMRXLITSTYTQIRYSJQIXLSHWERHJYRGXMSRWEXXLIXSTSJXLIIHMXSVTERIEWWLS[RMRXLIJSPPS[

MRKWGVIIRWLSX8LIJMVWXSRITYXWEHMZMHIVPMRIMRXLIQIRY8LIWIGSRHGVIEXIWEFSPHIRXV]
7SQISJ]SYVGPEWWIWIWTIGMEPP]WSQISJ]SYVGSRXVSPPIVGPEWWIWEVIPMOIP]XSKIXVEXLIVPSRKERHXLIQIXLSHW
ERHJYRGXMSRWTSTYTQIRYQEOIWREZMKEXMRKEVSYRH]SYVGSHIQYGLIEWMIV4YXXMRKMR
TVEKQE

HMVIGXMZIWERHPSKMGEPP]SVKERM^MRK]SYVGSHI[MPPQEOIXLEXTSTYTQSVIIJJMGMIRXXSYWI
-RXLMWQIXLSHXLITMGOIVMWEWOMRKYWXSTVSZMHIXLIHEXEJSVEWTIGMJMGVS[MREWTIGMJMG
GSQTSRIRX;IEVITVSZMHIH[MXLETSMRXIVXSXLITMGOIVXLEXMWEWOMRKEPSRK[MXLXLIGSQ
TSRIRXERHVS[XLEXMXMWEWOMRKEFSYX7MRGISYVZMI[LEWSRITMGOIV[MXLSRIGSQTSRIRX
[IWMQTP]MKRSVIIZIV]XLMRKI\GITXXLI
VS[
EVKYQIRXERHYWIXLEXXSVIXYVRXLIETTVSTVM
EXIMXIQJVSQSYVHEXEEVVE]
',%48)6 8EF&EVWERH4MGOIVW

+SELIEHERHGSQTMPIERHVYREKEMR;LIRXLIWMQYPEXSVGSQIWYTW[MXGLXSXLIWIGSRH
XEF{XLISRIPEFIPIH7MRKPI{ERHGLIGOSYX]SYVRI[GYWXSQTMGOIV[LMGLWLSYPHPSSOPMOI
*MKYVI
;LIR]SYvVIHSRIVIPMZMRKEPPXLSWI7XEV;EVWQIQSVMIWGSQISRFEGOXS<GSHIERH[IvPP
WIILS[XSMQTPIQIRXETMGOIV[MXLX[SGSQTSRIRXW-J]SYJIIPYTXSEGLEPPIRKIXLMWRI\X
GSRXIRXZMI[MWEGXYEPP]EKSSHSRIJSV]SYXSEXXIQTXSR]SYVS[R=SYvZIEPVIEH]WIIREPP
XLIQIXLSHW]SYvPPRIIHJSVXLMWTMGOIVWSKSELIEHXEOIEGVEGOEXMX;IvPP[EMXLIVI=SY
QMKLX[ERXXSWXEVXSJJ[MXLEKSSHPSSOEX*MKYVINYWXXSVIJVIWL]SYVQIQSV];LIR
]SYvVIHSRIVIEHSRERH]SYvPPWIILS[[IXEGOPIHXLMWTVSFPIQ
-QTPIQIRXMRKE1YPXMGSQTSRIRX4MGOIV
8LIRI\XGSRXIRXTERI[MPPLEZIETMGOIV[MXLX[SGSQTSRIRXWSV[LIIPWERHIEGL[LIIP
[MPPFIMRHITIRHIRXSJXLISXLIV[LIIP8LIPIJX[LIIP[MPPLEZIEPMWXSJWERH[MGLJMPPMRKW
ERHXLIVMKLX[LIIP[MPPLEZIEWIPIGXMSRSJFVIEHX]TIW%W[IQIRXMSRIHEQSQIRXEKS
[IvPP[VMXIXLIWEQIHEXEWSYVGIERHHIPIKEXIQIXLSHWXLEX[IHMHJSVXLIWMRKPIGSQTSRIRX
TMGOIV[IvPPNYWXLEZIXS[VMXIEPMXXPIEHHMXMSREPGSHIMRWSQISJXLSWIQIXLSHWXSQEOIWYVI

[IvVIVIXYVRMRKXLIVMKLXZEPYIERHVS[GSYRXJSVIEGLGSQTSRIRX
(IGPEVMRK3YXPIXWERH%GXMSRW
7MRKPIGPMGO(SYFPI'SQTSRIRX4MGOIV:MI['SRXVSPPIVLERHEHHXLIJSPPS[MRKGSHI
MQTSVX 9-/MX9-/MXL"
HIJMRIO*MPPMRK'SQTSRIRX
HIJMRIO&VIEH'SQTSRIRX
$MRXIVJEGI(SYFPI'SQTSRIRX4MGOIV:MI['SRXVSPPIV9-:MI['SRXVSPPIV
 9-4MGOIV:MI[(IPIKEXI9-4MGOIV:MI[(EXE7SYVGI"
_
-&3YXPIX9-4MGOIV:MI[HSYFPI4MGOIV
27%VVE]JMPPMRK8]TIW
27%VVE]FVIEH8]TIW
a
$TVSTIVX]RSREXSQMGVIXEMR9-4MGOIV:MI[HSYFPI4MGOIV
$TVSTIVX]RSREXSQMGVIXEMR27%VVE]JMPPMRK8]TIW
$TVSTIVX]RSREXSQMGVIXEMR27%VVE]FVIEH8]TIW
-&%GXMSRFYXXSR4VIWWIH
$IRH
',%48)6 8EF&EVWERH4MGOIVW

%W]SYGERWII[IWXEVXSYXF]HIJMRMRKX[SGSRWXERXWXLEX[MPPVITVIWIRXXLIX[SGSQTS
RIRXW[LMGL[MPPQEOISYVGSHIIEWMIVXSVIEH'SQTSRIRXWEVIEWWMKRIHRYQFIVW[MXLXLI
PIJXQSWXGSQTSRIRXFIMRKEWWMKRIH^IVSERHMRGVIEWMRKF]SRIIEGLQSZIXSXLIVMKLX
2I\X[IGSRJSVQSYVGSRXVSPPIVGPEWWXSFSXLXLIHIPIKEXIERHHEXEWSYVGITVSXSGSPWERH
[IHIGPEVIERSYXPIXJSVXLITMGOIVEW[IPPEWJSVX[SEVVE]WXSLSPHXLIHEXEJSVSYVX[S
TMGOIVGSQTSRIRXW%JXIVHIGPEVMRKTVSTIVXMIWJSVIEGLSJSYVMRWXERGIZEVMEFPIW[IHIGPEVI
EWMRKPIEGXMSRQIXLSHJSVXLIFYXXSRNYWXEW[IHMHMRXLIPEWXX[SGSRXI\XTERIW7EZIXLMW
ERHHSYFPIGPMGO(SYFPI'SQTSRIRX4MGOIV:MI[\MFXSSTIRXLIRMFJMPIMR-RXIVJEGI&YMPHIV
&YMPHMRKXLI:MI[
%HHETMGOIVERHEFYXXSRXSXLI:MI[ERHXLIRQEOIXLIRIGIWWEV]GSRRIGXMSRW;IvVIRSX

KSMRKXS[EPO]SYXLVSYKLMXXLMWXMQIFYX]SYGERVIJIVXSXLITVIZMSYWWIGXMSRMJ]SYRIIH
EWXITF]WXITKYMHIWMRGIXLIX[SETTPMGEXMSRWEVIMHIRXMGEPMRXIVQWSJXLIRMFJMPI,IVIvW
EWYQQEV]SJ[LEX]SYRIIHXSHS
'SRRIGXXLIHSYFPI4MGOIVSYXPIXSR*MPIvW3[RIVXSXLITMGOIV
'SRRIGXXLI(EXE7SYVGIERH(IPIKEXIGSRRIGXMSRWSRXLITMGOIVZMI[XS*MPIvW3[RIV
YWIXLIGSRRIGXMSRWMRWTIGXSV
'SRRIGXXLI8SYGL9T-RWMHIIZIRXSJXLIFYXXSRXSXLIFYXXSR4VIWWIHEGXMSRSR*MPIvW
3[RIVYWIXLIGSRRIGXMSRWMRWTIGXSV
1EOIWYVI]SYWEZI]SYVRMFERHGPSWIMXFIJSVI]SYLIEHFEGOXS<GSHI3LERHHSKIEV
XLMWTEKISVYWIEFSSOQEVOMJ]SYTVIJIV=SYvPPFIVIJIVVMRKXSMXMREFMX
-QTPIQIRXMRKXLI'SRXVSPPIV
7MRKPIGPMGO(SYFPI'SQTSRIRX4MGOIV:MI['SRXVSPPIVQERHEHHXLIJSPPS[MRKGSHI
MQTSVX(SYFPI'SQTSRIRX4MGOIV:MI['SRXVSPPIVL
$MQTPIQIRXEXMSR(SYFPI'SQTSRIRX4MGOIV:MI['SRXVSPPIV
$W]RXLIWM^IHSYFPI4MGOIV
$W]RXLIWM^IJMPPMRK8]TIW
$W]RXLIWM^IFVIEH8]TIW
MHMRMX;MXL2MF2EQI277XVMRKRMF2EQI3V2MP
FYRHPI27&YRHPIRMF&YRHPI3V2MP_
MJWIPJ!?WYTIVMRMX;MXL2MF2EQIRMF2EQI3V2MP
FYRHPIRMF&YRHPI3V2MPA_
-RMXMEPM^EXMSRGSHI
a
VIXYVRWIPJ
a
-&%GXMSRFYXXSR4VIWWIH
',%48)6 8EF&EVWERH4MGOIVW

_
27-RXIKIVFVIEH6S[!?HSYFPI4MGOIVWIPIGXIH6S[-R'SQTSRIRX

O&VIEH'SQTSRIRXA
27-RXIKIVJMPPMRK6S[!?HSYFPI4MGOIVWIPIGXIH6S[-R'SQTSRIRX
O*MPPMRK'SQTSRIRXA

277XVMRKFVIEH!?FVIEH8]TIWSFNIGX%X-RHI\FVIEH6S[A
277XVMRKJMPPMRK!?JMPPMRK8]TIWSFNIGX%X-RHI\JMPPMRK6S[A
277XVMRKQIWWEKI!??277XVMRKEPPSGAMRMX;MXL*SVQEX
$=SYV$SR$FVIEH[MPPFIVMKLXYTJMPPMRKFVIEHA
9-%PIVX:MI[EPIVX!??9-%PIVX:MI[EPPSGAMRMX;MXL8MXPI
$8LERO]SYJSV]SYVSVHIV
QIWWEKIQIWWEKI
HIPIKEXIRMP
GERGIP&YXXSR8MXPI$+VIEX
SXLIV&YXXSR8MXPIWRMPA
?EPIVXWLS[A
?EPIVXVIPIEWIA
?QIWWEKIVIPIEWIA
a
ZSMHZMI[(MH0SEH_
27%VVE]FVIEH%VVE]!??27%VVE]EPPSGAMRMX;MXL3FNIGXW$;LMXI
$;LSPI;LIEX$6]I$7SYVHSYKL$7IZIR+VEMRRMPA
WIPJFVIEH8]TIW!FVIEH%VVE]
?FVIEH%VVE]VIPIEWIA
27%VVE]JMPPMRK%VVE]!??27%VVE]EPPSGAMRMX;MXL3FNIGXW$,EQ
$8YVOI]$4IERYX&YXXIV$8YRE7EPEH
$'LMGOIR7EPEH$6SEWX&IIJ$:IKIQMXIRMPA
WIPJJMPPMRK8]TIW!JMPPMRK%VVE]
?JMPPMRK%VVE]VIPIEWIA
a
&330WLSYPH%YXSVSXEXI8S-RXIVJEGI3VMIRXEXMSR

9 RXIVJEGI3VMIRXEXMSRMRXIVJEGI3VMIRXEXMSR_
6IXYVR=)7JSVWYTTSVXIHSVMIRXEXMSRW
VIXYVRMRXIVJEGI3VMIRXEXMSR!!9 RXIVJEGI3VMIRXEXMSR4SVXVEMX
a
ZSMHHMH6IGIMZI1IQSV];EVRMRK_
?WYTIVHMH6IGIMZI1IQSV];EVRMRKA
6IPIEWIWXLIZMI[MJMXHSIWRXLEZIEWYTIVZMI[
6IPIEWIER]XLMRKXLEXWRSXIWWIRXMEPWYGLEWGEGLIHHEXE
',%48)6 8EF&EVWERH4MGOIVW

a
ZSMHHIEPPSG_
?HSYFPI4MGOIVVIPIEWIA
?FVIEH8]TIWVIPIEWIA
?JMPPMRK8]TIWVIPIEWIA
?WYTIVHIEPPSGA
a
TVEKQEQEVO
TVEKQEQEVO4MGOIV(EXE7SYVGI1IXLSHW
27-RXIKIVRYQFIV3J'SQTSRIRXW-R4MGOIV:MI[9-4MGOIV:MI[TMGOIV:MI[
_
VIXYVR
a
27-RXIKIVTMGOIV:MI[9-4MGOIV:MI[TMGOIV:MI[
RYQFIV3J6S[W-R'SQTSRIRX27-RXIKIVGSQTSRIRX
_
MJGSQTSRIRX!!O&VIEH'SQTSRIRX
VIXYVR?WIPJFVIEH8]TIWGSYRXA
VIXYVR?WIPJJMPPMRK8]TIWGSYRXA
a

TVEKQEQEVO4MGOIV(IPIKEXI1IXLSHW
277XVMRKTMGOIV:MI[9-4MGOIV:MI[TMGOIV:MI[
XMXPI*SV6S[27-RXIKIVVS[
JSV'SQTSRIRX27-RXIKIVGSQTSRIRX
_
MJGSQTSRIRX!!O&VIEH'SQTSRIRX
VIXYVR?WIPJFVIEH8]TIWSFNIGX%X-RHI\VS[A
VIXYVR?WIPJJMPPMRK8]TIWSFNIGX%X-RHI\VS[A
a
$IRH
8LI
FYXXSR4VIWWIH
QIXLSHMWEPMXXPIQSVIMRZSPZIHXLMWXMQIFYXXLIVIvWZIV]PMXXPIXLIVI
XLEXvWRI[XS]SY[INYWXLEZIXSWTIGMJ][LMGLGSQTSRIRX[IEVIXEPOMRKEFSYX[LIR[I
VIUYIWXXLIWIPIGXIHVS[YWMRKXLSWIGSRWXERXW[IHIJMRIHIEVPMIV
O&VIEH'SQTSRIRX
ERH
O*MPPMRK'SQTSRIRX

27-RXIKIVFVIEH6S[!?HSYFPI4MGOIVWIPIGXIH6S[-R'SQTSRIRX
O&VIEH'SQTSRIRXA
27-RXIKIVJMPPMRK6S[!?HSYFPI4MGOIVWIPIGXIH6S[-R'SQTSRIRX
O*MPPMRK'SQTSRIRXA
=SYGERWIILIVIXLEXYWMRKXLIX[SGSRWXERXWMRWXIEHSJ

ERH

QEOIWSYVGSHIGSRWMHIV
EFP]QSVIVIEHEFPI*VSQXLMWTSMRXSRXLI
FYXXSR4VIWWIH

QIXLSHMWJYRHEQIRXEPP]XLI
WEQIEWXLIPEWXSRI[I[VSXI
',%48)6 8EF&EVWERH4MGOIVW

ZMI[(MH0SEH
MWEPWSZIV]WMQMPEVXSXLISRI[I[VSXIJSVXLITVIZMSYWWIGXMSR8LISRP]
HMJJIVIRGIMWXLEX[IEVIPSEHMRKX[SEVVE]W[MXLHEXEVEXLIVXLERNYWXSRI%KEMR[IvVINYWX
GVIEXMRKEVVE]WJVSQELEVHGSHIHPMWXSJWXVMRKWWSQIXLMRK]SYKIRIVEPP]WLSYPHRvXHSMR
]SYVS[RETTPMGEXMSRW
;LIR[IKIXHS[RXSXLIHEXEWSYVGIQIXLSHWXLEXvW[LIVIXLMRKWWXEVXXSGLERKIEFMX-RXLI
JMVWXQIXLSH[IWTIGMJ]XLEXSYVTMGOIVWLSYPHLEZIX[SGSQTSRIRXWVEXLIVXLERNYWXSRI
27-RXIKIVRYQFIV3J'SQTSRIRXW-R4MGOIV:MI[9-4MGOIV:MI[TMGOIV:MI[
_
VIXYVR
a
)EW]IRSYKL8LMWXMQI[LIR[IEVIEWOIHJSVXLIRYQFIVSJVS[W[ILEZIXSGLIGO[LMGL
GSQTSRIRXXLITMGOIVMWEWOMRKEFSYXERHVIXYVRXLIGSVVIGXVS[GSYRXJSVXLIGSVVIWTSRH
MRKEVVE]
27-RXIKIVTMGOIV:MI[9-4MGOIV:MI[TMGOIV:MI[
RYQFIV3J6S[W-R'SQTSRIRX27-RXIKIVGSQTSRIRX
_
MJGSQTSRIRX!!O&VIEH'SQTSRIRX
VIXYVR?WIPJFVIEH8]TIWGSYRXA
VIXYVR?WIPJJMPPMRK8]TIWGSYRXA
a
8LIRMRSYVHIPIKEXIQIXLSH[IHSXLIWEQIXLMRK;IGLIGOXLIGSQTSRIRXERHYWIXLI
GSVVIGXEVVE]JSVXLIVIUYIWXIHGSQTSRIRXXSJIXGLERHVIXYVRXLIVMKLXZEPYI
277XVMRKTMGOIV:MI[9-4MGOIV:MI[TMGOIV:MI[
XMXPI*SV6S[27-RXIKIVVS[
JSV'SQTSRIRX27-RXIKIVGSQTSRIRX

_
MJGSQTSRIRX!!O&VIEH'SQTSRIRX
VIXYVR?WIPJFVIEH8]TIWSFNIGX%X-RHI\VS[A
VIXYVR?WIPJJMPPMRK8]TIWSFNIGX%X-RHI\VS[A
a
8LEX[EWRvXWSLEVH[EWMX#'SQTMPIERHVYR]SYVETTPMGEXMSRERHQEOIWYVIXLI(SYFPIGSRXIRX
TERIPSSOWPMOI*MKYVI2SXMGIXLEXIEGL[LIIPMWGSQTPIXIP]MRHITIRHIRXSJXLISXLIVSRI8YVR
MRKSRILEWRSEJJIGXSRXLISXLIV8LEXvWETTVSTVMEXIMRXLMWGEWI&YXXLIVIEVIKSMRKXSFIXMQIW
[LIRSRIGSQTSRIRXMWHITIRHIRXSRERSXLIV%KSSHI\EQTPISJXLMWMWMRXLIHEXITMGOIV;LIR
]SYGLERKIXLIQSRXLXLIHMEPXLEXWLS[WXLIRYQFIVSJHE]WMRXLIQSRXLQE]LEZIXSGLERKI
FIGEYWIRSXEPPQSRXLWLEZIXLIWEQIRYQFIVSJHE]W-QTPIQIRXMRKXLMWMWRvXVIEPP]LEVHSRGI]SY
ORS[LS[FYXMXvWRSXXLIIEWMIWXXLMRKXSJMKYVISYXSR]SYVS[RWSPIXvWHSXLEXRI\X
',%48)6 8EF&EVWERH4MGOIVW

-QTPIQIRXMRK(ITIRHIRX'SQTSRIRXW
;IvVITMGOMRKYTWXIEQRS[*SVXLMWRI\XWIGXMSR[IvVIRSXKSMRKXSLSPH]SYVLERHUYMXI
EWQYGL[LIRMXGSQIWXSQEXIVMEP[IvZIEPVIEH]GSZIVIH-RWXIEH[IvPPJSGYWSRXLIRI[
WXYJJ3YVRI[TMGOIV[MPPHMWTPE]EPMWXSJ97WXEXIWMRXLIPIJXGSQTSRIRXERHEPMWXSJ>-4
GSHIWMRXLIVMKLXGSQTSRIRXXLEXGSVVIWTSRHXSXLIWXEXIGYVVIRXP]WIPIGXIHMRXLIPIJX
;IvPPRIIHEWITEVEXIPMWXSJ>-4GSHIZEPYIWJSVIEGLMXIQMRXLIPIJXLERHGSQTSRIRX
;IvPPHIGPEVIX[SEVVE]WSRIJSVIEGLGSQTSRIRXEW[IHMHPEWXXMQI;IvPPEPWSRIIH
ER
27(MGXMSREV]
-RXLIHMGXMSREV][IvVIKSMRKXSLEZIER
27%VVE]
JSVIEGLWXEXIWII
*MKYVI0EXIVSR[IvPPMQTPIQIRXEHIPIKEXIQIXLSHXLEX[MPPRSXMJ]YW[LIRXLI
TMGOIVvWWIPIGXMSRGLERKIW-JXLIZEPYISRXLIPIJXGLERKIW[I[MPPKVEFXLIGSVVIGXEVVE]SYX
SJXLIHMGXMSREV]ERHEWWMKRMXXSXLIEVVE]FIMRKYWIHJSVXLIVMKLXLERHGSQTSRIRX(SRvX
[SVV]MJ]SYHMHRvXGEXGLEPPXLEX[IvPPXEPOEFSYXMXQSVIEW[IKIXMRXSXLIGSHI

27(MGXMSREV]
%PEFEQE
%PEWOE
%VM^SRE
%VOERWEW
27%VVE]
27%VVE]
27%VVE]
27%VVE]
SREV]
27%VVE]
SREV
27%VVE]
27%VVE]





2
7%VVE
]
]
27%VVE]




27%VVE]





27%VVE]
]
VE]
%VVE]
%VVE]
27
27%VVE]
]
27
27%VVE]
]
27
VE]
]


*MKYVI3YVETTPMGEXMSRvWHEXE*SVIEGLWXEXIXLIVI[MPPFISRI
IRXV]MREHMGXMSREV][MXLXLIREQISJXLIWXEXIEWXLIOI]7XSVIHYRHIV
XLEXOI][MPPFIER27%VVE]MRWXERGIGSRXEMRMRKEPPXLI>-4GSHIWJVSQ
XLEXWXEXI