investor presentation august 2019 ·...
TRANSCRIPT
!"#$%&'()*($%$"&+&,'"!"#"$%&'()*&
!
!"#$%#&'("")*+,'-+."#/%0*"+'
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
L8-(&*%+$%6+B%7(%'(F/#'(0%7B%+&&.#-+7.(%?+)+0#+)%$(-/'#*#($%.+2$%*"(%?,6&+)B%0,($%),*%#)*()09%+)0%0#$-.+#6$%+)B%,7.#5+*#,)%*,%/&0+*(%,'%'(:#$(%+)B%1,'2+'03.,,4#)5%$*+*(6()*$9%2"(*"('%,'+.%,'%2'#**()%+$%+%'($/.*%,1%)(2%#)1,'6+*#,)9%1/*/'(%(:()*$%,'%,*"('2#$(;
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
<0H/$*(0%LGJ!M<%0,($%),*%"+:(%+)B%$*+)0+'0#W(0%6(+)#)5%/)0('%@<<X;%!('+@,A$%6(*",0%,1%-+.-/.+*#)5%<0H/$*(0%LGJ!M<%6+B%0#11('%1',6%,*"('%#$$/('$%+)09%+--,'0#)5.B9%<0H/$*(0%LGJ!M<%6+B%),*%7(%-,6&+'+7.(%*,%$#6#.+'%6(+$/'($%&'($()*(0%7B%,*"('%#$$/('$;%X.(+$(%'(1('%*,%*"(%?,6&+)BA$%PMQ<%1,'%*"(%*"'((%+)0%$#8%6,)*"$%()0(0%U/)(%RE9%DESV%+)0%DEST%1,'%+%'(-,)-#.#+*#,)%,1%)(*%.,$$%*,%<0H/$*(0%LGJ!M<;
*./0123(455!"(%*('6%=G+-4.,5%PNN>%#$%+%6(+$/'(%,1%-,)*'+-*(0%6,)*".B%'(-/''#)5%'(:()/(%YPNNZ%1',6%-/$*,6('$%*"+*%"+:(%),*%B(*%7(()%&',:#$#,)(0;%!"(%?,6&+)B%7(.#(:($%7+-4.,5%PNN #$%/$(1/.%+00#*#,)+.%#)1,'6+*#,)%+$%#*%&',:#0($%+)%#)0#-+*#,)%,1%1/*/'(%'(:()/(;%G+-4.,5%PNN #$%),*%+%'(-,5)#W(0%6(+$/'(%/)0('%JONK%+)0%6+B%),*%*'+)$.+*(%#)*,%1/*/'(%'(:()/(9%+)0%+--,'0#)5.B9%#):($*,'$%+'(%-+/*#,)(0%#)%/$#)5%#*;%!"(%?,6&+)B%-+.-/.+*($%7+-4.,5%PNN%7B%$/66#)5%*"(%PNN%,1%)(2%-/$*,6('%-,)*'+-*$%+)0%/&5'+0($%*"+*%+'(%$#5)(0%7/*%),*%B(*%&',:#$#,)(09%+$%+*%*"(%()0%,1%*"(%&('#,0;%!('+@,A$%6(*",0%,1%-+.-/.+*#)5%7+-4.,5%PNN%6+B%0#11('%1',6%,*"('%#$$/('$%+)09%+--,'0#)5.B9%7+-4.,5%PNN%6+B%),*%7(%-,6&+'+7.(%*,%$#6#.+'%6(+$/'($%&'($()*(0%7B%,*"('%#$$/('$;
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
"
1"+23445'67%89#78
-$+.,"/)+,-,#./&012"/&,-/&02--.0%343%5&$21"%32-$&0('#,.$()&')1,.)%,2$.)$"&$(0(,%$%)+".)&3$)1,6#.$%&721/.6&28&+3113+.%.6&9,4.&936.1.$$&$:.0%6"+&,")4+"+.+
#
5$(+6')+&)+)67+"8$)
';<=> <=>(?:.0%6"+&
9::;-'?12@'"(,2A':%
2B(CD/';%'"(EEF.G'H?'/&:$E(9'1"
<=5!><=-FD:'1'%%(.;"(IDJ:'(K'&A2:0
?@ABLMNO(5'G';$'
LMNO(!"#P()*+,-!
?CDEQQ @,%,A.-%6.$
FDG:::) RLSRLS024.63-#&B>CD&E31132-&FGHIJ2:$
?HDB
);&':?:D%'(,!4
8$%&2E':%(
;(( ;(( ;(( ;((
)D(
;((
)D(
;((
'((
'(( D(( D((
)((
'(( '((
;((
D(( D((
!"#"$%"!"#$%
&"$%#'()&"#'!
*($+",-'#&"()*
.%%(/($))
0()1(#2$((
3(##4'*(*
.5($(1($!*%
678"$%"$!+*
94(1(#(!!&
*4+%"#4(!&#
:4$$4;'1!()
<"$7"$&##
:4$7="#&$#
>'7?@''#&**
A4$1=%"$&(#
-+(/$%&)I'7.$()'J)11K+#$ L0$8&(M1),")4+"+.+
TOPU(*(4=>V62?%
NQ4'&:2?21D&.;(4.:0'&%
WLXY8.;.".Z%(62?$1.&D2;
4'#$(+/$),"87M.$%)NGNH:)BI2)'J)A,-,/,K$&D&1,6#.$%&03%3.$
L0$8&(M1)4'#$(+/$)B+0 O!"#$%&#'("#)*#!+#,-./01/1#-112/34
L0$8&(M1)4'#$(+/$)B+0 O56#$%&#'!7#)*#!8#,-./01/1#-112/34
NA)6I2DP)6I2
,-./0102 3445
L3-/$26 M3,#,6,!"#$%&' (&%)*++,-.#// 0%-123456%7+#89:;<:85=>*)?#:8<:@<:;#A2B %C D'E,-#FB1,%-B3/G9HIB,
N2-/2- O3-#$%2-P,663.
A,1#,65L3--3:.#
Q30%263,
R./&@..6
!"#$%&' (&%)*++,-.#// 0%-123456%7+#89:;<:85=>*)?#:8<:@<:;#A2B %C D'E,-#FB1,%-B3/G9HIB,
S262-%2F2-%6.,1
T%%,9,P,663.
Q,-02"4.6
U/+2-%2-
A,1#,65Q30%263, TV,-,#,-
-,8$"%$%)J('1)H::QHRR)BI2)-,8$"%$%)J('1)N::QNRR)BI2)-,8$"%$%)'#$()D::)BI2
$
%
S$/M7+&'(T)4'".,&,'"%)LM00'(&)11K+#$ U+7M$
@6)V,W$.)K,($7$%%)=88$%%)+7($+.T)0$(1,&&$.)X,&3),&01.,6&:,%7&%2&+2E31.&$.6430.$
4.@(LMN[
Q.63H2-&%2&,0W"36.&?%6,3#7%&J,%7&A2++"-30,%32-$&826&X?Y=C)E
BX?Y(C()Z&:.6&FGH&J2:
\.;(LMNR
[AA&02+:1.%.$&'>\GH&,"0%32-
S2:&=&+,6V.%$&,4.6,#.&BX?Y(C(';&:.6&FGH&J2:
\$;(LMNR
[AAK$&02+:1.%.$&';\GH&,"0%32-&
S2:&)(&+,6V.%$&826&]&)((&FGH&E120V$&6.0.343-#&,-&,4.6,#.&28&BX?Y(C()>&:.6&FGH&J2:
\$;(LMN[
^?U@&3$$".$&02-$"1%,%32-&2-&LOXY[V]M(<=>($:.0%6"+&"$.&826&]\
\$;(LMNO^?U@&,--2"-0.$&3-%.-%32-&%2&.$/&D2;(Y[V]M(<=>(%?'/&:$E(D;(LMLN
!//$&'D&\GH&%2&A2-$"1%,%32-&,-/&9311&+2-3%26&';&\GH&/.4.12:+.-%$
\$;(LMNR^?U@&/.03$32-&?':ED&%(!CC('^D%&D;3(YO(<=>(BD^'"(AD:'1'%%(%?'/&:$E(1D/';%'%(&2(J'(:';'A'"($;"':(.(B1'^DJ1'($%'(E2"'1,8%.6&._:365&3-&'(']
@6),%)$W0$8&$.)&')Y$)+)1,W)'J)J,W$.)+".)1'Y,7$)%$(#,8$%),")&3$)11K+#$ Y+".%)+".)&3$($)+($)+)#+(,$&T)'J).,JJ$($"&)M%$)8+%$%)$W0$8&$.)&').$#$7'0)'"8$)@6),%).$07'T$.Z)!L[\)3+%).$8,.$.)&')+.'0&)+)J7$W,Y7$)M%$)7,8$"%,"/)1'.$7)J'()J,W$.)+".)1'Y,7$)%$(#,8$%),")&3$)DP)6I2)Y+".)+%),&)X,77)+77'X)7,8$"%$$%)&').$8,.$)X3$&3$()&').$07'T)J,W$.)%T%&$1%G)1'Y,7$)%T%&$1%)'()+)8'1Y,"+&,'")'J)J,W$.)+".)1'Y,7$)%T%&$1%)&')1$$&)&3$).$1+".%)'J)@6)%$(#,8$%Z!
! ^?U@&@.03$32-&2-&R.1.,$3-#&F3113+.%6. L,4.&?:.0%6"+&%2&?"::26%&]\&`a"-.&'()*b
8!K!-!
7K+,)-(H,!,)H
"
F9@(EEF.G' B2:(Q<_ I,/3$()L0$$.% 6($+&$()E+".X,.&3]4+0+8,&T -'X$()-+&$"8T
5$(+6'R:^
5$7M%@^
E$77@^
L](<=>
&
@6)V,W$.)K,($7$%%)S$+.T)V''&0(,"&
5$(+6'_%11K+#$ +%%$&%)3+#$)$0,603%5&4,1". +".)0('#,.$)+)&,1$)&')1+(`$&)+.#+"&+/$
EEF.G' H?'/&:$E(4.:0'&(H9.:'D;(8.;.".(`J.%'"(2;(4=>V626%a
*$%D;'%%(82;;'/&DGD&@(,2&.1(!"":'%%.J1'(4.:0'&N
0($(74($?3,=4$'==?!')'+"8B!"#$%&'(()
CDEFF?68;)"2''?0"8;($4'=B
!*#+%&$,)
!'#(G" H;'+%#,8?0"-'#(1'?I#'(B
!-#-%&./
*-)
,':.<2 ID^'"(FD:'1'%%(I22&?:D;& ID^'"(FD:'1'%%(HD&'%(J@(b'@(4.:0'&
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!
!!!!!!!!!
!!!!!!!!!
!!!!!!!!!
!!!!!!!!!!!!!!!!!!
!!!!!!!!!!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!!!!!!!!!!
!!!!!!!!!
!!!!!!!!!
!!!!!!!!!!!!!!!!!!
!!!!!!!!!!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!
!!!!!!!!!
!!!!!!!!!
!!!!!!!!!!!!!!!!!!
!!!!!!!!!!!!!!!!!!
!!!!!!!!!
!!!!!!!!!
!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!
!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!
!!!!!!!!!!!!!!!!!!
!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!
!!!!!!!!!
!!!!!!!!!!!!!!!!!!
!!!!!!!!!
!!!!!!!!!
!!!!!!!!!
!!!!!!!!!
!!!!!!!!!
!"#$%&'()&%*+,,-./#0123.4%#0123.4%(5%6,#781./9(:;<#==>=?>=@#A+&1B%(C%*1D-%.,(012EFG%&
[W,%&,"/)(''J&'0).$07'T1$"&
cD/&2:D.d(*8c.;/2$G':d(*8
b'12A;.d(*8
)"E2;&2;d(!*5'"(-'':d(!*8.13.:@d(!*
<:.;"'(6:.D:D'd(!*
6:D;/'(!1J':&d(Hb
FD;;D?'3d(4*
,2:2;&2d(eK
e&&.A.d(eK
42;&:'.1d(f8
5'&+7)L,&$%a)UMMg
5$(+6'RR^
b07'("$&:Z@^
=E4:Z@^
YO(<=>
NO[
NNN
[Y UU UN QY
6($+&$()5'('"&')=($+
4+7/+(T U+"8'M#$( [.1'"&'" LK)>"&+(,' >&3$(
M2%.c&@,%,&,$&28&d=&K)>)C A,-,/3,-&@,%,&,-/&^-%.6-.%&?.6430.$&'C ^-01"/.$&E"$3-.$$.$&93%7&)I;**&.+:125..$&,-/&2-15&3-01"/.$&,6.,$&97.6.&S.6,\2&29-$&$:.0%6"+e&%2%,1&,//6.$$,E1.&+,6V.%&$3H.&,$&28 '()>
5$(+6'RN^
5$7M%A^
E$77A^
b07'("$&:ZH^
=E4:ZH^
,2&.1
'
@6)V,W$.)K,($7$%%)=88$%%
5$(+6' ,%)M",cM$7T)0'%,&,'"$.)&')Y$)J,(%&)8+((,$(),")4+"+.+)&')7+M"83)]\&[3_./&L36.1.$$&?.6430.$
ID:%&(?9.%'(&'/9;D/.1(&:D.1(/2E?1'&'h
( X:&%2&Z((&FE:$&:.6&0"$%2+.6&.-/&:23-%
( N,%.-05&28&=I;+$
H'/2;"(?9.%'(&'/9;D/.1(&:D.1(D;('.:1@(LMLMh( ]\&MR&.W"3:+.-%
( P,0V&28830.&,-/&:6243$32-3-#&:620.$$.$
8$%&2E':(&:D.1%(D;(LMLMh
( U-%.6:63$.&02--.0%343%5&,::130,%32-$
( X6E,-&6.$3/.-%3,1&02--.0%343%5&,::130,%32-$
Q<(IF!(,:D.1(7;"':A.@ e&9':(Q<(IF!(,:D.1%(i(-'?12@E';&%
)
V,"+"8,+7)I,/37,/3&%
*+
6('X&3)!"#$%&1$"&),")@6E+8`$.)YT)L&('"/)V,"+"8,+7)*'%,&,'"
@6)($+.T),"J(+%&(M8&M($ X,&3)&,1$)&')1+(`$&)+.#+"&+/$)M".$(0,""$.)YT)%0$8&(M1)#+7M$
*('J,&+Y7$YM%,"$%%)+".)0'%,&,#$)V4V)/$"$(+&,'"
?%62-#&P,1,-0.&?7..%&93%7&[3-,-03,1&[1._3E313%5&%2&U_.0"%.&\629%7&J1,-
&6 !6 +6
H&:2;3(*.1.;/'(H9''&(,-/62%D&DG'(8.%9(I12A ?"::26%$&?%6,%.#30&A,:3%,1&!1120,%32-
( ?%,E313H./&A7"6-&,-/&!JRX&93%7&,&820"$&2-&26#,-3H,%32-,1&)II+8+)K8j ,-/&.88.0%34.-.$$
**
L&($"/&3$")&3$)4'""$8&,#,&T)EM%,"$%%a
)C]f )C;f )C;f )C]f )CDf
dN]HP dD]HP dA]HP dH]HR dN]HR
789:;
Y)g(D' Y)g(Z) Y)g(]; Y)g(== Y)g('=
dN]HP dD]HP dA]HP dH]HR dN]HR
<=0>
YD(gZ](YZ)gD]*
YD;gD]*YZ)gD';
Y]Zg(>)
dN]HP dD]HP dA]HP dH]HR dN]HR
?@ABC1DE,==
( T-E2,6/3-#&-.9&8=!KK)CH ,-/&L721.$,1.6$&h 3C. XC?C&0"$%2+.6$&93%7&2:.6,%32-$&3-&A,-,/,
4.;.3'(89$:;(.;"(8:'.&'(7?V%'11(e??2:&$;D&D'%(D;(e$:(8$%&2E':(*.%'
HD3;DBD/.;&(B$&$:'(2??2:&$;D&@(1'G':.3D;3('^D%&D;3(BD^'"(AD:'1'%%(B22&?:D;&
( *7K-C)-(eII)5K<H(%2&1.4.6,#.&+"1%3:62/"0%&0"$%2+.6$
6('X&3)J('1)47'M.)+".)4'7'8+&,'"a
+;G'%&D;3(D;(2$:(H.1'%(e:3.;D>.&D2;(%2&!00.1.6,%.&\629%7&,-/&S,6#.%&%7.&R3#7%&A"$%2+.6$
*!
( T-E2,6/3-#&-.9&8=!KK)CH ,-/&L721.$,1.6$&h 3C. XC?C&0"$%2+.6$&93%7&2:.6,%32-$&3-&A,-,/,
82;&D;$'"(E.:0'&("'E.;"(B2:(E.;.3'"(%':GD/'%($;"':(&9'(=@J:D"(+,(E2"'1
( R.02#-3H./&3-&%7.&4!\e5(6C!j)5H0,%.#265&E5&^@A&826&A,-,/3,-&@,%,&A.-%6.&T:.6,H%32-$)
( @,%,&0.-%6.8!6!8+,j ,1129$&E"$3-.$$&%2&$0,1.&93%72"%&$3#-3830,-%&0,:._&6.W"36.+.-%$
)^@A&F,6V.%?0,:. 826&A,-,/3,-&@,%,0.-%.6&T:.6,%32-$&,-/&F,-,#.+.-%&?.6430.&J6243/.6$&'()*&Q.-/26&!$$.$$+.-%&R.:26%&
)C;f)C(f
)C=f)C)f
)CZf
dN]HP dD]HP dA]HP dH]HR dN]HR
789:;
Y=g==DY=g(;* Y=g)=> Y=g'') Y=g)>]
dN]HP dD]HP dA]HP dH]HR dN]HR
<=0>
YDZgZ;Z
Y=(g)Z' Y=)gZ;' Y=Zg(*;
Y)Zg(;*
dN]HP dD]HP dA]HP dH]HR dN]HR
?@ABC1DE,==
!(&*
*"
S$%,7,$"&)S$8M((,"/)S$#$"M$)E+%$
YUS
U]S
Y=C; Y)=C' Y)>C= Y)*C( Y)*C= Y)>CZ
?AeZP
?AAZ9 ?A:ZP
?D9ZA ?D@Z:?DNZP
kQNPL
kQ[P[kQRPN
kQQP] kQ]PYkQNPQ
4'""$8&,#,&T47'M.)+".)4'7'8+&,'"
=77)?
)J,/M
($%)
,")4
=\)1
,77,'"
%!(
&*
!(&$
!(&#
!(&)
!(&'
FF,
&
fHg)5(+,7,"/)5X$7#$)B'"&3%)$".$.)hM"$)D:G)N:HR
*#
L&+Y,7,2$)[E!5\=)+".)4+%3)V7'X!(
&*
=77)?
)J,/M
($%)
,")4
=\)1
,77,'"
%
i=.jM%&$.)[E!5\=)$W87M.$%),10+8&)'J)!VSL)H9),")dH_HR
!(&* =.jM%&$.)[E!5\=
4+0,&+7)[W0$".,&M($%
=.jM%&$.)[E!5\=)B+(/,"
kNUPL
kNOP]kNOPR
kNLPR kNYPM kNLPQkNLPU
kRP]kOPL
kRPL
k[P]kUP]
YNPUS YNPRS YLPNS
LYPLSLYPRS L]PLS
!(&*
!(&$
!(&#
!(&)
!(&'
FF,
&
fHg)5(+,7,"/)5X$7#$)B'"&3%)$".$.)hM"$)D:G)N:HR=.jM%&$.)[E!5\=)$W87M.$%),10+8&)'J)+.'0&,'")'J)!VSL)H9),")N:HR
=77)?)J,/M($%),")4=\)1,77,'"%)+%)+&)hM"$)D:G)N:HRfHg)*('QJ'(1+)8+%3),"87M.$%)?PZA)1,77,'"),")+00('W,1+&$)"$&)0('8$$.%)J('1)&3$)Y'M/3&).$+7)'JJ$(,"/)8'107$&$.)'")hM7T)DG)N:HR)fNg)[W87M.$%)?9@@`)'J)7$&&$(%)'J)8($.,&),%%M$.),")J+#'M()'J)8$(&+,")&3,(.)0+(&,$%Z
*$
E+7+"8$)L3$$&)
0:1/G1:4@EA@28E@;HEA@28EIJ9KL@CI;M23&5 $10.0
>;92IHE1NI:@MK;DECK;IE1GEA:IHKM3!5 $10.0
<L@KC@OCIE@AJ9K2KMK1;EG@AKCKMP $25.0
F1M@CEA@28E@;HE@AAI22EM1EA:IHKM3!5 $45.0
Q1;D/MI:4EHIOM $30.4
RNI:@MK;DEQILI:@DI 2.5x
*%
[W0$(,$"8$.)-$+.$(%3,0)5$+1)k L&('"/)5(+8`)S$8'(.)
="&'",')f5'"Tg)4,8,($&&'6:'%D"';&(i(8)e
\M"8+")B86($/'(cD/'(6:'%D"';&d();3D;'':D;3(i(e?':.&D2;%
*($%,.$"&)+".)4[>)'J)4'/$8')*$$()H)+".)4'/$8')\+&+)L$(#,8$%)J'()'#$()%,W)T$+(%G)X3$($)3$)X+%)($%0'"%,Y7$)J'()7$+.,"/)&3$,()1+(`$&)/('X&3)+".).$#$7'01$"&Z)*($#,'M%7T)3$7.)$W$8M&,#$)7$+.$(%3,0)('7$%)+&)S'/$(%)+".)E$77)'#$()+)N:)T$+()0$(,'.Z)
\M"8+"),%)+)%$+%'"$.)$W$8M&,#$)X,&3)N:)T$+(%)'J)/7'Y+7)$W0$(,$"8$),")&3$)&$83"'7'/T)%$8&'(Z)*(,'()&')j',","/)5$(+6'G)\M"8+")%$(#$.)+%)&3$)67'Y+7)U,8$)*($%,.$"&)'J)["/,"$$(,"/)>0$(+&,'"%)J'()4'/$8')*$$()HG)+".)3$7.)#+(,'M%)%$",'()('7$%)+&)>0$"5$W&)4'(0'(+&,'"Z)
E7+`$)K$&2$789D'B(5'G';$'(eBBD/':
B+(`)-+McD/'(6:'%D"';&d(C'3.1(i(<';':.1(82$;%'1
E7+`$)3+%)N:)T$+(%)'J)%&(+&$/,8)7$+.$(%3,0)$W0$(,$"8$)+&)7$+.,"/)&$7$8'1G)47'M.G)\+&+)4$"&($)+".)!5)8'10+",$%Z)*(,'()&')j',","/)5$(+6'G)E7+`$)X+%)*(,"8,0+7)+&)3,%)'X")&$83"'7'/T)8'"%M7&,"/)8'10+"T)+".)3+%)3$7.)%$",'()0'%,&,'"%)+&)S+8`%0+8$)+".)4$"&M(T-,"`]dX$%&)4'11M",8+&,'"%
>#$()&3$)0+%&)@)T$+(%G)B+(`)3+%)7$.)5$(+6'_%)+8cM,%,&,'"%)'J)B'Y,7$W83+"/$G)S+8`V'(8$G)E'WV+Y(,8G)=,(UB +".)&3$)B,%%,%%+M/+)\+&+)4$"&($Z)I$),%)&3$)4'10+"T_%)7,+,%'")&')!L[\)+".)4S54)'")%0$8&(M1)+".)($/M7+&'(T)1+&&$(%Z)*($#,'M%7T)%0$"&)@)T$+(%)+&)E'(.$")-+."$()6$(#+,%)--*Z)
\+#,.)43+(('"89D'B(ID;.;/D.1(eBBD/':
6$'JJ)l$($7M,`cD/'(6:'%D"';&d(H.1'%
\+#,.)3+%)1'($)&3+")N:)T$+(%)'J)J,"+"8,+7)7$+.$(%3,0)+".)$W0$(,$"8$),")&3$)!5)%$(#,8$%),".M%&(TZ)*(,'()&')j',","/)5$(+6'G)\+#,.)X+%)4V>)+".)4'(0'(+&$)L$8($&+(T)+&)S$.`"$$)L'7M&,'"%)!"8Z)I$)3+%)+7%')3$7.)%$",'()J,"+"8$)0'%,&,'"%)+&)<'(&$7)<$&X'(`%)+".)\$%8+(&$%)LT%&$1%)6('M0Z
6$'JJ)Y(,"/%)+")$W&$"%,#$)Y+8`/('M".),")&3$),"J'(1+&,'")+".)8'11M",8+&,'"%)&$83"'7'/T),".M%&(TG)3+#,"/)3$7.)%$#$(+7)L+7$%)+".)B+(`$&,"/)U,8$)*($%,.$"&)0'%,&,'"%)+&)I$X7$&&)*+8`+(.)+".)E$77)4+"+.+Z
*&
S944@:P
["&$(0(,%$Q47+%% A12"/G)A2120,%32-G)+".)A2--.0%343%5
>"$)'J)4+"+.+_%)-+(/$%&)I'7.$(%)'J)F3113+.%6.L,4.&?:.0%6"+&
=)47$+()\629%7&T::26%"-3%5&3-&]\ V,W$.)K,($7$%%)=88$%%
[3-,-03,1&?%6.-#%7&&')VM".)>M()6('X&3)L&(+&$/T
[W0$(,$"8$.)F,-,#.+.-%&S.,+&4'11,&&$.)&')U+7M$)4($+&,'"
! ! ! ! !
*'
4+0,&+7)B+(`$&%)L"+0%3'&)
L&'8`)%T1Y'7 S?icFTR
L3+($%)'M&%&+".,"/ )DCD&+31132-
*(,8$)+&)=M/)HAG)N:HR Y*C'(
@NQX$$`)7'X)])3,/3 YDCDZ&<&Y)=C(D
["&$(0(,%$)U+7M$)fm[Ung Y)Z=C)&+31132-
[U)])=.jM%&$.)55B)[E!5\= )=C>_
*)