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ďŽŶƵƐĚĞŶƐŝƚǇŝŶƚŚĞZͲϰĂŶĚͲZĞƐŝĚĞŶƚŝĂůǌŽŶŝŶŐĚŝƐƚƌŝĐƚƐ͗ ϭͿŵŝŶŝŵƵŵŽĨŽŶĞƉĂƌŬŝŶŐƐƉĂĐĞƉĞƌƵŶŝƚŝƐĞŶĐůŽƐĞĚǁŝƚŚŝŶĂƐƚƌƵĐƚƵƌĞŽŶƚŚĞƐŝƚĞŽƌŝƐůŽĐĂƚĞĚǁŝƚŚŝŶ ϭϬϬ͛ŽĨƚŚĞƐŝƚĞ͘ dŚĞƌĞŝƐƉĂƌŬŝŶŐĨŽƌĞĂĐŚƵŶŝƚƉƌŽǀŝĚĞĚǁŝƚŚŝŶƚŚĞƐƚƌƵĐƚƵƌĞ͘ 3DFNHW3J )L dŚĞƵĐŬĞǇĞ DŝǆĞĚhƐĞZĞƚĂŝůĂŶĚDƵůƚŝͲ&ĂŵŝůǇ/ŶĐĞŶƚŝǀĞĞǀĞůŽƉŵĞŶƚ ƚŚƌĚ ϰ^ƚƌĞĞƚ^ĂŶĚϯǀĞŶƵĞ^ ZŽĐŚĞƐƚĞƌ͕DE ϮͿƌĐŚŝƚĞĐƚƵƌĂůĨĞĂƚƵƌĞƐĚĞƐŝŐŶƚŽĞŶŚĂŶĐĞƚŚĞůŝǀĂďŝůŝƚǇĂŶĚĂŵĞŶŝƚǇŽĨƚŚĞĚǁĞůůŝŶŐƵŶŝƚƐ͕ĞŝƚŚĞƌ ŝŶĚŝǀŝĚƵĂůůǇŽƌĐŽůůĞĐƚŝǀĞůǇ͕ĂƌĞŝŶĐůƵĚĞĚŝŶƚŚĞďƵŝůĚŝŶŐĚĞƐŝŐŶ͘&ĞĂƚƵƌĞƐƚŽďĞĐŽŶƐŝĚĞƌĞĚĂƌĞ͗ ĂͿdŚĞƵƐĞŽĨŝŶĐƌĞĂƐĞĚƐĞƚďĂĐŬƐ͕ĂďŽǀĞƚŚĞŵŝŶŝŵƵŵŽƌĚŝŶĂŶĐĞƌĞƋƵŝƌĞŵĞŶƚĂůŽŶŐĂƚůĞĂƐƚ ƐŝǆƚǇ;ϲϬйͿƉĞƌĐĞŶƚŽĨƚŚĞǁĂůůƐ͖ dŚĞƌĞĂƌĞŶŽƌĞƋƵŝƌĞŵĞŶƚƐĨŽƌĂŶǇƐĞƚďĂĐŬŽĨĂŶǇƐŝǌĞĂůŽŶŐĂŶǇƉƌŽƉĞƌƚǇůŝŶĞŝŶƚŚĞ ƌĚ ĞŶƚƌĂůĞǀĞůŽƉŵĞŶƚŽƌĞͲ&ƌŝŶŐĞƌĞĂ͘dŚĞƉƌŽƉŽƐĞĚǁĞƐƚĞƌŶƐĞƚďĂĐŬƐĂůŽŶŐϯ ǀĞŶƵĞ^͘͘ǀĂƌǇŝŶĚĞƉƚŚĂƚƚŚĞŵŝŶŝŵƵŵŽĨϰ͘ϲϲ͛ƵƉƚŽǁĂƌĚƐϭϯ͘ϱϱ͛ŝŶĚĞƉƚŚĨƌŽŵ ƚŚ ƚŚĞƉƌŽƉĞƌƚǇůŝŶĞ͘dŚĞƐĞƚďĂĐŬƐĂůŽŶŐϰ^ƚƌĞĞƚ^ǀĂƌǇĨƌŽŵƐŝǆŝŶĐŚĞƐƵƉƚŽϭϯ͘ϱϱ͛ ĨƌŽŵƚŚĞƉƌŽƉĞƌƚǇůŝŶĞ͘ ďͿdŚĞƉƌŽǀŝƐŝŽŶŽĨŽďƐĞƌǀĂƚŝŽŶĚĞĐŬƐŽƌƌŽŽĨƚŽƉƚĞƌƌĂĐĞƐ 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ůĂŶĚƐĐĂƉŝŶŐǁŝůůŝŵƉƌŽǀĞƚŚĞŽǀĞƌĂůůĂƚŵŽƐƉŚĞƌĞŽĨƚŚŝƐŝŶƚĞƌƐĞĐƚŝŽŶ 3DFNHW3J )L dŚĞƵĐŬĞǇĞ DŝǆĞĚhƐĞZĞƚĂŝůĂŶĚDƵůƚŝͲ&ĂŵŝůǇ/ŶĐĞŶƚŝǀĞĞǀĞůŽƉŵĞŶƚ ƚŚƌĚ ϰ^ƚƌĞĞƚ^ĂŶĚϯǀĞŶƵĞ^ ZŽĐŚĞƐƚĞƌ͕DE ϲϮ͘ϲϱϳůůZĞƐŝĚĞŶƚŝĂůĞǀĞůŽƉŵĞŶƚƚŚĞƌŝƚĞƌŝĂŝŶƚŚŝƐƉĂƌĂŐƌĂƉŚŵĂǇďĞĐŽŶƐŝĚĞƌĞĚĨŽƌŐƌĂŶƚŝŶŐďŽŶƵƐ ĚĞŶƐŝƚǇŝŶĂůůƌĞƐŝĚĞŶƚŝĂůĚĞǀĞůŽƉŵĞŶƚĚŝƐƚƌŝĐƚƐ ϭͿWƌŽǆŝŵŝƚǇƚŽEĞŝŐŚďŽƌŚŽŽĚ&ĂĐŝůŝƚŝĞƐ͗ƚŚĞĞǀĞůŽƉŵĞŶƚŝƐĚĞƐŝŐŶǁŝƚŚĂŵŝŶŝŵŽĨƚǁŽďĞĚƌŽŽŵƐƉĞƌ ƵŶŝƚĂŶĚŵĞĞƚƐƚŚƌĞĞŽĨƚŚĞĨŽůůŽǁŝŶŐůŽĐĂƚŝŽŶĂůĐƌŝƚĞƌŝĂŝŶƌĞůĂƚŝŽŶƚŽŶĞŝŐŚďŽƌŚŽŽĚĨĂĐŝůŝƚŝĞƐ͘ dŚĞƌĞŝƐĂƐŵĂůůƉĞƌĐĞŶƚĂŐĞŽĨϮďĞĚƌŽŽŵƵŶŝƚƐĂƐĂĐŽŵƉŽŶĞŶƚŽĨƚŚŝƐĚĞǀĞůŽƉŵĞŶƚ͘dŚĞ ĚĞǀĞůŽƉŵĞŶƚĂƐĂǁŚŽůĞŝƐ͗ĂͿǁŝƚŚŝŶĂЪŵŝůĞŽĨĂŶĞůĞŵĞŶƚĂƌǇƐĐŚŽŽů͕ďͿǁŝƚŚŝŶЬŵŝůĞŽĨĂ ŶĞŝŐŚďŽƌŚŽŽĚƉůĂǇŐƌŽƵŶĚĂŶĚĞͿǁŝƚŚŝŶϭͬϰŵŝůĞŽĨĂĐŽŶǀĞŶŝĞŶĐĞƌĞƚĂŝůƵƐĞ͘ ϮͿEŽƚƉƉůŝĐĂďůĞ ϯͿĞǀĞůŽƉŵĞŶƚǁŝƚŚŝŶЬŵŝůĞŽĨĂďƵƐƐŚĞůƚĞƌŽƌƚŚĞƉƌŽǀŝƐŝŽŶŽĨĂŶĞǁďƵƐƐŚĞůƚĞƌĂůŽŶŐĂŶĞǆŝƐƚŝŶŐ ƚƌĂŶƐŝƚƌŽƵƚĞ͘ dŚŝƐĚĞǀĞůŽƉŵĞŶƚŝƐǁŝƚŚŝŶЬŵŝůĞŽĨĂďƵƐƐŚĞůƚĞƌĂŶĚŵĂŶǇŽƚŚĞƌƐĂƚƚŚŝƐƚƌĂŶƐƉŽƌƚĂƚŝŽŶ ĐƌŽƐƐƌŽĂĚƐ͘/ƚŝƐŶŽƚǁŝƚŚŽƵƚŶŽƚŝĐĞƚŚĂƚǁŝƚŚŝŶƚŚĞŐƵŝĚŝŶŐĚŽĐƵŵĞŶƚĂƚŝŽŶŽĨƚŚĞĞƐƚŝŶĂƚŝŽŶ 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