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tŽƌŬƐƐƚĂĨĨ͕ĂƐŶĞĞĚĞĚ͕ƚŽƌĞŵŽǀĞĚĞĂĚŽƌĚǇŝŶŐƚƌĞĞƐŽƌďƌƵƐŚŽŶƐƚŽƌŵǁĂƚĞƌŵĂŶĂŐĞŵĞŶƚ ůĂŶĚƐ͘dŚŝƐĐĂŶďĞĐŽŵƉůĞƚĞĚƚŚƌŽƵŐŚƚŚĞƵƐĞŽĨĐŚĂŝŶƐĂǁƐŽƌĂƉƉƌŽƉƌŝĂƚĞŵŽƚŽƌŝǌĞĚ ĞƋƵŝƉŵĞŶƚ͘ƌƵƐŚŵĂǇŶĞĞĚƚŽďĞŚĂƵůĞĚƚŽĂŶĂƉƉƌŽǀĞĚĚŝƐƉŽƐĂůĨĂĐŝůŝƚǇƐƵĐŚĂƐ,ĂƚŚĂǁĂǇŽƌ ŝƚǇĚŝƐƉŽƐĂůůŽĐĂƚŝŽŶŽƌŝŶƐŽŵĞĐĂƐĞƐĐĂŶďĞĐŚŝƉƉĞĚŽƌŵŽǁĞĚƵƉŽŶͲƐŝƚĞ͘ >ŝƚƚĞƌͬĞďƌŝƐŽůůĞĐƚŝŽŶĂŶĚdƌĂŶƐƉŽƌƚƚŽŝƐƉŽƐĂů^ŝƚĞ͗ Đ͘WĞƌŝŽĚŝĐĂůůǇ͕ƉƵďůŝĐůĂŶĚƐďĞĐŽŵĞ ƚĂƌŐĞƚƐĨŽƌĚƵŵƉŝŶŐŽĨůŝƚƚĞƌŽƌĚĞďƌŝƐ͕ĂŶĚƐƵĐŚĚĞďƌŝƐŵĂǇďĞĞŶĐŽƵŶƚĞƌĞĚĂƚƚŚĞƚŝŵĞŽĨ ŵŽǁŝŶŐ͘ĨƚĞƌŶŽƚŝĨŝĐĂƚŝŽŶďǇWƵďůŝĐtŽƌŬƐƐƚĂĨĨĂŶĚŝŶŽƌĚĞƌƚŽĨĂĐŝůŝƚĂƚĞŵŽǁŝŶŐ͕ƚŚĞĚĞďƌŝƐǁŝůů ŶĞĞĚƚŽďĞĐŽůůĞĐƚĞĚĂŶĚĚĞůŝǀĞƌĞĚƚŽĂŶĂƉƉƌŽƉƌŝĂƚĞ͕ůŝĐĞŶƐĞĚŽƌƉĞƌŵŝƚƚĞĚĚŝƐƉŽƐĂůĨĂĐŝůŝƚǇƐƵĐŚ ĂƐƚŚĞKůŵƐƚĞĚtĂƐƚĞƚŽŶĞƌŐǇŽƌZĞĐǇĐůŝŶŐĞŶƚĞƌ͘ 'ƌĂĚŝŶŐĂŶĚ^ĞĞĚŝŶŐWƌŽũĞĐƚƐŽŶdĂůů'ƌĂƐƐƌĞĂƐ͗ Ě͘^ŝƚĞƐŵĂǇŶĞĞĚƚŽďĞŐƌĂĚĞĚĨŽƌƚƵƌĨ ĞƐƚĂďůŝƐŚŵĞŶƚ͘ĚĚŝƚŝŽŶĂůŐƌĂĚŝŶŐĂŶĚƐĞĞĚŝŶŐƉƌŽũĞĐƚƐǁŝůůďĞĚŝƌĞĐƚĞĚďǇWƵďůŝĐtŽƌŬƐƐƚĂĨĨ͘ ^ĞĞĚŝŶŐĂŶĚĞƌŽƐŝŽŶĐŽŶƚƌŽůŵĂƚĞƌŝĂůƐǁŝůůďĞƉƌŽǀŝĚĞĚďǇƚŚĞŝƚǇĂŶĚĨƵƌŶŝƐŚĞĚƚŽƚŚĞ ĐŽŶƚƌĂĐƚŽƌƚŽƵƐĞĨŽƌƐƉĞĐŝĨŝĐƌĞƉĂŝƌůŽĐĂƚŝŽŶƐ͘'ƌĂĚŝŶŐĂŶĚƐĞĞĚŝŶŐƉƌŽũĞĐƚƐǁŝůůǀĂƌǇŝŶƐĐŽƉĞĂŶĚ ƐŝǌĞĞĂĐŚǇĞĂƌ͘ ϰ͘ŽŶƚƌĂĐƚĂŶĚdĂƐŬDĂŶĂŐĞŵĞŶƚ Ă͘dŚĞŝƚǇĞǆƉĞĐƚƐƚŝŵĞůǇĂŶĚŽƉĞŶĐŽŵŵƵŶŝĐĂƚŝŽŶƐǁŝƚŚŝƚƐƐĞůĞĐƚĞĚĐŽŶƚƌĂĐƚŽƌƚŽĂĚĚƌĞƐƐĂŶǇ ĐŽŶƚƌĂĐƚŝƐƐƵĞƐƚŚĂƚŵĂǇĂƌŝƐĞŽƌƚŽƌĞƉŽƌƚĂŶǇƉƌŽďůĞŵƐŽďƐĞƌǀĞĚŽŶƐŝƚĞƐ͘dŚĞŝƚǇĞǆƉĞĐƚƐƚŚĂƚ 3DFNHW3J )D ŝƚƐƐĞůĞĐƚĞĚĐŽŶƚƌĂĐƚŽƌǁŝůůĂĚĞƋƵĂƚĞůǇƚƌĂŝŶŝƚƐƐƚĂĨĨƐŽƚŚĂƚĐŽŶƐŝƐƚĞŶƚĂŶĚƉƌŽĨĞƐƐŝŽŶĂůƐĞƌǀŝĐĞƐ ĂƌĞƉƌŽǀŝĚĞĚ͘'ƌĂƐƐĐůŝƉƉŝŶŐƐĂƌĞƚŽďĞĚŝƌĞĐƚĞĚƚŽǀĞŐĞƚĂƚĞĚ͕ŶŽƚŝŵƉĞƌǀŝŽƵƐĂƌĞĂƐĂƚĂůůƚŝŵĞƐ ZĞƐƉĞĐƚĨƵůĐŽŵŵƵŶŝĐĂƚŝŽŶǁŝƚŚƚŚĞƉƵďůŝĐǁŝůůďĞƌĞƋƵŝƌĞĚ͘ ď͘ŝƚǇƐƚĂĨĨǁŝůůŵĞĞƚǁŝƚŚƚŚĞƐĞůĞĐƚĞĚĐŽŶƚƌĂĐƚŽƌŵƵůƚŝƉůĞƚŝŵĞƐƚŽĂĚĚƌĞƐƐŝƐƐƵĞƐ͕ĚŝƐĐƵƐƐǁŽƌŬ ƉƌŝŽƌŝƚŝĞƐ͕ĂŶĚŝƚǇƐƚĂĨĨǁŝůůďĞĂǀĂŝůĂďůĞƚŽĂŶƐǁĞƌĐŽŶƚƌĂĐƚĂŶĚƐŝƚĞƋƵĞƐƚŝŽŶƐ͘ŝƚǇƐƚĂĨĨǁŝůů ĐŽŶĚƵĐƚƉĞƌŝŽĚŝĐŝŶƐƉĞĐƚŝŽŶƐƚŽǀĞƌŝĨǇƚŚĂƚǁŽƌŬŝƐĐŽŵƉůĞƚĞĚŝŶĂƐĂƚŝƐĨĂĐƚŽƌǇĂŶĚƚŝŵĞůǇ ŵĂŶŶĞƌ͘/ĨƵŶƐĂƚŝƐĨĂĐƚŽƌǇƌĞƐƵůƚƐĂƌĞĨŽƵŶĚĂƚƐŝƚĞƐ͕ƚŚĞŝƚǇǁŝůůĚŝƐĐƵƐƐĂŶŝŵƉƌŽǀĞŵĞŶƚƉůĂŶ͘/Ĩ ŝŵƉƌŽǀĞŵĞŶƚƐĂƌĞŶŽƚĐŽŵƉůĞƚĞĚ͕ƚŚĞŝƚǇǁŝůůŝƐƐƵĞĂĨŽƌŵĂůůĞƚƚĞƌĚŽĐƵŵĞŶƚŝŶŐĐŽƌƌĞĐƚŝǀĞ ĂĐƚŝŽŶƐƌĞƋƵŝƌĞƐ͘/ĨŵŽƌĞƚŚĂŶϯĚŽĐƵŵĞŶƚĞĚĐŽƌƌĞĐƚŝǀĞĂĐƚŝŽŶƐĂƌĞŝƐƐƵĞĚŝŶŽŶĞĐĂůĞŶĚĂƌǇĞĂƌ͕ ƚŚĞŝƚǇƌĞƐĞƌǀĞƐƚŚĞƌŝŐŚƚƚŽƚĞƌŵŝŶĂƚĞƚŚŝƐĐŽŶƚƌĂĐƚŝĨƚŚĞƐĞůĞĐƚĞĚĐŽŶƚƌĂĐƚŽƌ͛ƐĞǆĞĐƵƚŝŽŶŽĨƚŚĞ 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ĐŽƐƚĨŽƌƐƉŽƚŵŽǁŝŶŐƐŚĂůůďĞƉƌŽͲƌĂƚĞĚďĂƐĞŽŶƚŚĞďŝĚƉƌŝĐĞĂŶĚƉĞƌĐĞŶƚŽĨƚŚĞƐŝƚĞŵŽǁĞĚ͘ Đ͘ĚĚŝƚŝŽŶĂůƚĂƐŬƐƚŚĂƚĐŽŵĞƵƉĚƵƌŝŶŐƚŚĞǇĞĂƌĂƚĞĂĐŚƐŝƚĞǁŝůůďĞŶĞŐŽƚŝĂƚĞĚŽŶĐĞƚŚĞƐĞůĞĐƚĞĚ ĐŽŶƚƌĂĐƚŽƌŝƐĐŚŽƐĞŶ͘/ƚŝƐĂŶƚŝĐŝƉĂƚĞĚƚŚĂƚůĞƐƐƚŚĂŶϮϬйŽĨƚŚĞĐŽŶƚƌĂĐƚŽƌǁŝůůďĞĨƌŽŵĂĚĚŝƚŝŽŶĂů ƚĂƐŬƐ͗ ŝ͘ŽŵƉůĂŝŶƚƌĞƐƉŽŶƐĞǁĞĞĚĐŽŶƚƌŽůŵŽǁŝŶŐʹĐŽƐƚƉĞƌƐŝƚĞ͘ ŝŝ͘dƌĞĞͬďƌƵƐŚƌĞŵŽǀĂůĂŶĚƚƌĂŶƐƉŽƌƚƚŽĚŝƐƉŽƐĂůƐŝƚĞʹĐŽƐƚƉĞƌƐŝƚĞ;ĚŝƐƉŽƐĂůĨĞĞĐŚĂƌŐĞĚ ĚŝƌĞĐƚůǇƚŽƚŚĞŝƚǇͿ ŝŝŝ͘>ŝƚƚĞƌͬĚĞďƌŝƐĐŽůůĞĐƚŝŽŶĂŶĚƚƌĂŶƐƉŽƌƚƚŽĚŝƐƉŽƐĂůƐŝƚĞͲĐŽƐƚƉĞƌƐŝƚĞ;ĚŝƐƉŽƐĂůĨĞĞĐŚĂƌŐĞĚ ĚŝƌĞĐƚůǇƚŽƚŚĞŝƚǇͿ 3DFNHW3J )D ŝǀ͘'ƌĂĚŝŶŐĂŶĚƐĞĞĚŝŶŐƉƌŽũĞĐƚƐʹĐŽƐƚƉĞƌƐŝƚĞ;ŵĂƚĞƌŝĂůƐƉƌŽǀŝĚĞĚďǇƚŚĞŝƚǇͿ ϴ͘&ƵĞů^ƵƌĐŚĂƌŐĞ Ă͘dŚĞŝƚǇƌĞĐŽŐŶŝǌĞƐƚŚĂƚƉƌŝĐĞƐƉƌŽƉŽƐĞĚĨŽƌϮϬϮϬǁŝůůďĞƌĞĨůĞĐƚŝǀĞŽĨƚŚĞĨƵĞůƉƌŝĐĞͬŐĂůůŽŶĂƚƚŚĞ ƚŝŵĞŽĨƚŚĞƉƌŽƉŽƐĂů͘/ŶŽƌĚĞƌƚŽŽďƚĂŝŶĐŽŵƉĂƌĂďůĞƉƌŝĐĞƉƌŽƉŽƐĂůƐ͕ƉƌŽƉŽƐĞƌƐƐŚŽƵůĚŝŶĐůƵĚĞŝŶ ƚŚĞŝƌĐŽƐƚƉƌŽƉŽƐĂůĂϮϱйǀĂƌŝĂƚŝŽŶŝŶƚŚĞĐŽƐƚŽĨŐĂƐĂŶĚĚŝĞƐĞůĨŽƌƚŚĞƐƵďƐĞƋƵĞŶƚǇĞĂƌƐŽĨƚŚĞ ĐŽŶƚƌĂĐƚ͘/ĨŐĂƐŽůŝŶĞŽƌĚŝĞƐĞůƉƌŝĐĞƐĂƌĞƐŝŐŶŝĨŝĐĂŶƚůǇŚŝŐŚĞƌŽƌůŽǁĞƌƚŚĂŶƚŚĞƉƌŽƉŽƐĞĚ ĞƐƚŝŵĂƚĞƐ͕ƚŚĞŝƚǇǁŝůůŶĞŐŽƚŝĂƚĞĂŐĂƐƐƵƌĐŚĂƌŐĞŽƌƌĞĚƵĐƚŝŽŶǁŝƚŚƚŚĞƐĞůĞĐƚĞĚĐŽŶƚƌĂĐƚŽƌĞĂĐŚ ǇĞĂƌ͘ ϵ͘^ƵďŵŝƚƚĂůƐ /ŶĂĚĚŝƚŝŽŶƚŽƐƵďŵŝƚƚĂůŽĨƚŚĞĐŽŵƉůĞƚĞĚĐŽƐƚƉƌŽƉŽƐĂůĨŽƌŵĚĞƐĐƌŝďĞĚĂďŽǀĞ͕ĞĂĐŚĐŽŶƚƌĂĐƚŽƌŵƵƐƚĂůƐŽ ƐƵďŵŝƚƚŚĞĨŽůůŽǁŝŶŐ͗ WĞƌĨŽƌŵĂŶĐĞĂŶĚWĂǇŵĞŶƚŽŶĚ͗ WĞƌĨŽƌŵĂŶĐĞĂŶĚƉĂǇŵĞŶƚďŽŶĚƐǁŝůůďĞƌĞƋƵŝƌĞĚĨŽƌĂŶǇ D ƉŽƌƚŝŽŶŽĨƚŚĞǁŽƌŬŝĨƐƵďͲĐŽŶƚƌĂĐƚŽƌƐĂƌĞƚŽďĞƵƐĞĚĨŽƌƚŚĞĂŵŽƵŶƚŽĨƚŚĞƉƌŽƉŽƐĞĚǁŽƌŬ͘ ƋƵŝƉŵĞŶƚ>ŝƐƚ͗ dŚĞƉƌŽƉŽƐĞƌŵƵƐƚƐƵďŵŝƚĂůŝƐƚŽĨƚŚĞĞƋƵŝƉŵĞŶƚŝƚŝŶƚĞŶĚƐƚŽƵƐĞŝŶƚŚĞ E ĞǆĞĐƵƚŝŽŶŽĨĂůůĂƐƉĞĐƚƐŽĨƚŚŝƐĐŽŶƚƌĂĐƚ͘^ƉĞĐŝĨǇǁŚŝĐŚĞƋƵŝƉŵĞŶƚŝƐƚŽďĞƵƐĞĚ͕ƚŚĞƚǇƉĞŽĨ ŵŽǁĞƌ͕ƐŝǌĞŽĨƚŚĞĞƋƵŝƉŵĞŶƚ;ĞŶŐŝŶĞƐŝǌĞͿ͕ƚƌĂĐŬƐ͕ƚŝƌĞƐ͕ĞƚĐ͘ ^ƚĂĨĨĂƉĂĐŝƚǇ͗ dŚĞƉƌŽƉŽƐĞƌŵƵƐƚŝŶĐůƵĚĞĂůŝƐƚŽĨƚŚĞƐƚĂĨĨŝƚŝŶƚĞŶĚƐƚŽƵƐĞŝŶƚŚĞĞǆĞĐƵƚŝŽŶŽĨ F ƚŚŝƐĐŽŶƚƌĂĐƚĂŶĚĂƐƚĂƚĞŵĞŶƚƚŚĂƚǁŝůůĂƐƐƵƌĞƚŚĞŝƚǇƚŚĂƚƚŚĞĐŽŵŵŝƚŵĞŶƚƐŶĞĞĚĞĚƵŶĚĞƌƚŚŝƐ ĐŽŶƚƌĂĐƚǁŝůůŶŽƚĐŽŶĨůŝĐƚǁŝƚŚŽƚŚĞƌǁŽƌŬŽƌĐŽŶƚƌĂĐƚĐŽŵŵŝƚŵĞŶƚƐ͘ ZĞĨĞƌĞŶĐĞƐ͗ dŚĞƉƌŽƉŽƐĞƌǁŝůůƐƵďŵŝƚƚǁŽƉƌŽĨĞƐƐŝŽŶĂůƌĞĨĞƌĞŶĐĞƐƚŚĂƚĐĂŶĂƚƚĞƐƚƚŽƚŚĞ G ĐŽŶƚƌĂĐƚŽƌ͛ƐĂďŝůŝƚǇƚŽĐŽŵƉůĞƚĞǁŽƌŬŽĨĂƐŝŵŝůĂƌƐĐŽƉĞ͘dŚŝƐŵƵƐƚŝŶĐůƵĚĞƚŚĞŶĂŵĞŽĨƚŚĞ ƌĞĨĞƌĞŶĐĞ͕ƚŚĞŝƌƉŚŽŶĞηĂŶĚĞͲŵĂŝůĂĚĚƌĞƐƐ͕ĂŶĚƚŚĞƉƌŽũĞĐƚƐĐŽŵƉůĞƚĞĚĨŽƌƚŚĂƚƌĞĨĞƌĞŶĐĞ͘ ĞĨŽƌĞƐĞůĞĐƚŝŽŶŽĨƚŚĞĐŽŶƚƌĂĐƚŽƌŝƐŵĂĚĞ͕ƚŚĞƌĞĨĞƌĞŶĐĞƐǁŝůůďĞĐŽŶƚĂĐƚĞĚ͘ dŚƌĞĞĐŽƉŝĞƐŽĨƚŚĞĐŽŶƚƌĂĐƚŽƌ͛ƐƉƌŽƉŽƐĂůƉĂĐŬĂŐĞĚĞƐĐƌŝďĞĚĂďŽǀĞŵƵƐƚďĞƌĞƚƵƌŶĞĚďǇŵĂŝůŽƌĚĞůŝǀĞƌǇ ϭϭ͗ϬϬĂ͘ŵ͘ŽŶdŚƵƌƐĚĂǇDĂǇϳ͕ϮϬϮϬ͘ ŶŽůĂƚĞƌƚŚĂŶWƌŽƉŽƐĂůƐƐƵďŵŝƚƚĞĚďǇĨĂǆŽƌĞͲŵĂŝůĂƌĞŶŽƚ ĂĐĐĞƉƚĂďůĞ͘WƌŽƉŽƐĂůƐŵƵƐƚďĞƌĞĐĞŝǀĞĚďǇƚŚĞŝƚǇůĞƌŬ͛ƐŽĨĨŝĐĞĂŶĚǁŝůůďĞƐƚŽƌĞĚƵŶƚŝůƚŚĞŽƉĞŶŝŶŐ͘ ͞^ƚŽƌŵtĂƚĞƌZŽƵŐŚDŽǁŝŶŐŽŶƚƌĂĐƚϮϬϮϬͲϮϬϮϰ͟ dŚĞĞŶǀĞůŽƉĞƐŚŽƵůĚďĞůĂďĞůĞĚ͗ ŝƚǇůĞƌŬ ZŽĐŚĞƐƚĞƌŝƚǇ,Ăůů͕ZŽŽŵϭϯϱ ϮϬϭϰ ƚŚ^ƚ͘^͕ZŽŽŵ ZŽĐŚĞƐƚĞƌ͕DEϱϱϵϬϰ ϭϬ͘DŝŶŝŵƵŵ>ŝŵŝƚƐŽĨ/ŶƐƵƌĂŶĐĞZĞƋƵŝƌĞŵĞŶƚƐ Ă͘dŚĞƐĞůĞĐƚĞĚĐŽŶƚƌĂĐƚŽƌǁŝůůďĞƌĞƐƉŽŶƐŝďůĞĨŽƌƚŚĞƐĂĨĞƚǇŽĨŝƚƐŽǁŶĞŵƉůŽǇĞĞƐĂŶĚĂĐƚŝŽŶƐŽĨƚŚĞ ƐĞůĞĐƚĞĚĐŽŶƚƌĂĐƚŽƌŵĂǇŶŽƚƉƵƚƚŚĞƉƵďůŝĐĂƚƌŝƐŬ͘ ď͘dŚĞƐĞůĞĐƚĞĚĐŽŶƚƌĂĐƚŽƌǁŝůůďĞƌĞƋƵŝƌĞĚƚŽŚĂǀĞŝŶƐƵƌĂŶĐĞĐŽǀĞƌĂŐĞƚŚĂƚŵĞĞƚƐƚŚĞŝƚǇ͛Ɛ ŵŝŶŝŵƵŵůŝŵŝƚƐŽĨŝŶƐƵƌĂŶĐĞ͕ĂƐĚĞƐĐƌŝďĞĚďĞůŽǁ͗ ŽŶƚƌĂĐƚŽƌƚŽƉƌŽǀŝĚĞĂĐĞƌƚŝĨŝĐĂƚĞĞǀŝĚĞŶĐŝŶŐƚŚĞŝƐƐƵĂŶĐĞŽĨĂƉƵďůŝĐůŝĂďŝůŝƚǇŝŶƐƵƌĂŶĐĞƉŽůŝĐǇƉƌŽƚĞĐƚŝŶŐ ƉĂƌƚŝĞƐŚĞƌĞƚŽĨƌŽŵůŽƐƐŽƌĚĂŵĂŐĞďĞĐĂƵƐĞŽĨůŝĂďŝůŝƚǇ͘^ĂŝĚƉŽůŝĐǇƐŚĂůůŝĚĞŶƚŝĨǇƚŚĞŝƚǇĂƐďĞŝŶŐŶĂŵĞĚ ĂƐĂĚĚŝƚŝŽŶĂůŝŶƐƵƌĞĚĂŶĚƉƌŽǀŝĚĞĨŽƌĂůŝĂďŝůŝƚǇůŝŵŝƚŽŶĂĐĐŽƵŶƚŽĨĞĂĐŚĂĐĐŝĚĞŶƚƌĞƐƵůƚŝŶŐŝŶďŽĚŝůǇŝŶũƵƌǇ 3DFNHW3J )D ŽƌĚĞĂƚŚƚŽŽŶĞƉĞƌƐŽŶŽĨŶŽƚůĞƐƐƚŚĂŶΨϱϬϬ͕ϬϬϬĂŶĚůŝĂďŝůŝƚǇůŝŵŝƚŽŶĂĐĐŽƵŶƚŽĨĂĐĐŝĚĞŶƚƌĞƐƵůƚŝŶŐŝŶ ďŽĚŝůǇŝŶũƵƌǇŽƌĚĞĂƚŚŽĨŵŽƌĞƚŚĂŶŽŶĞƉĞƌƐŽŶŽĨŶŽƚůĞƐƐƚŚĂŶΨϭ͕ϱϬϬ͕ϬϬϬ͘^ĂŝĚƉŽůŝĐǇŵƵƐƚďĞŝƐƐƵĞĚďǇ ĂĐŽŵƉĂŶǇĂƵƚŚŽƌŝǌĞĚƚŽĚŽďƵƐŝŶĞƐƐŝŶƚŚĞ^ƚĂƚĞŽĨDŝŶŶĞƐŽƚĂƵƉŽŶĞǆĞĐƵƚŝŽŶŽĨƚŚĞĐŽŶƚƌĂĐƚǁŝƚŚƚŚĞ ŝƚǇ͘ ϭϭ͘ǁĂƌĚŽĨŽŶƚƌĂĐƚ dŚĞŝƚǇŝŶƚĞŶĚƐƚŽĂǁĂƌĚŽŶĞĐŽŶƚƌĂĐƚĨŽƌƚŚĞĞŶƚŝƌĞŐĞŽŐƌĂƉŚŝĐĂƌĞĂŽĨƚŚĞŝƚǇ͘ŽŶƚƌĂĐƚŽƌƐĞůĞĐƚŝŽŶ ǁŝůůďĞďĂƐĞĚƵƉŽŶƚŚĞĨŽůůŽǁŝŶŐĐƌŝƚĞƌŝĂ͗ Ă͘dŚĞĐŽƐƚƉƌŽƉŽƐĂůƐƵďŵŝƚƚĂůʹϱϬй ď͘ĞŵŽŶƐƚƌĂƚĞƐĞǆƉĞƌŝĞŶĐĞǁŝƚŚƐŝŵŝůĂƌƌŽƵŐŚŵŽǁŝŶŐƉƌŽũĞĐƚƐʹϯϬй Đ͘ĞŵŽŶƐƚƌĂƚĞƐĂďŝůŝƚǇƚŽƵŶĚĞƌƚĂŬĞƚŚĞƉŽƚĞŶƚŝĂůĂĚĚŝƚŝŽŶĂůƚĂƐŬƐʹϭϬй Ě͘ĂƉĂĐŝƚǇĂŶĚĐĂƉĂďŝůŝƚǇŽĨƚŚĞƉƌŽƉŽƐĞƌƚŽƉƌŽǀŝĚĞĂƉƉƌŽƉƌŝĂƚĞĞƋƵŝƉŵĞŶƚĂŶĚƉĞƌƐŽŶŶĞůĨŽƌ ĞĂĐŚƚĂƐŬʹϱй Ğ͘^ƵƉƉŽƌƚŝǀĞƉƌŽĨĞƐƐŝŽŶĂůƌĞĨĞƌĞŶĐĞƐʹϱй Ĩ͘ďŝůŝƚǇƚŽƉƌŽǀŝĚĞŝŶƐƵƌĂŶĐĞĐŽǀĞƌĂŐĞʹWĂƐƐͬ&Ăŝů 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