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December 8, 2025 Agenda Packet
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ƉƉƌŽǀĞƌĐĂŶĚĞŶLJͬƌĞũĞĐƚǁŽƌŬĨůŽǁϴϱ ĞŶŝĞĚŽƌƌĞũĞĐƚĞĚǁŽƌŬĨůŽǁƐǁŝůůďĞƌŽƵƚĞĚƚŽŽƌŝŐŝŶĂƚŽƌϴϲ ƉƉƌŽǀĞƌĐĂŶƉůĂĐĞǁŽƌŬĨůŽǁŽŶŚŽůĚϴϳ ƉƉƌŽǀĞƌĐĂŶĨŽƌǁĂƌĚǁŽƌŬĨůŽǁĂƉƉƌŽǀĂů;/ĨƚŚĞĨŽƌǁĂƌĚŝŶŐŝƐǁŝƚŚŝŶƚŚĞĂƉƉƌŽǀĞĚƉĞƌŵŝƐƐŝŽŶƐƚƌƵĐƚƵƌĞͿϴϴ ƉƉƌŽǀĞƌĐĂŶĞŶƚĞƌŶŽƚĞƐŝŶƚŽĂƉƉƌŽǀĂůƉƌŽǀŝĚŝŶŐĞdžƉůĂŶĂƚŝŽŶŽĨƌĞƐƉŽŶƐĞϴϵ KƌŝŐŝŶĂůƌĞƋƵĞƐƚŽƌĐĂŶǀŝĞǁƐƚĂƚƵƐŽĨǁŽƌŬĨůŽǁĂƉƉƌŽǀĂůƉĂƚŚϵϬ hƐĞƌĐĂŶƌĞǀŝĞǁƋƵĞƵĞŽƌƐƚĂƚƵƐŽĨƉĞŶĚŝŶŐǁŽƌŬĨůŽǁƐϵϭ EŽƚŝĨŝĐĂƚŝŽŶƚŽƌĞƋƵĞƐƚŽƌǀŝĂĞŵĂŝůĂƐƌĞƋƵŝƐŝƚŝŽŶŵŽǀĞƐƚŚƌŽƵŐŚŵŝůĞƐƚŽŶĞƐϵϮ tŽƌŬĨůŽǁƌŽƵƚĞƐƚŽƐĞĐŽŶĚĂƌLJĂƉƉƌŽǀĞƌŝĨƉƌŝŵĂƌLJĂƉƉƌŽǀĞƌŝƐŽƵƚ;ĞdžĂŵƉůĞ͗ŽŶǀĂĐĂƚŝŽŶ͕ƐŝĐŬͿĂŶĚͬŽƌƉƌŝŵĂƌLJĂƉƉƌŽǀĞƌĚŽĞƐŶŽƚƌĞƐƉŽŶĚŝŶƉƌĞͲĚĞĨŝŶĞĚƉĞƌŝŽĚŽĨƚŝŵĞϵϯ /ĨĂŶĂƉƉƌŽǀĂůŝƐƌŽƵƚĞĚƚŽĂƐĞĐŽŶĚĂƌLJĂƉƉƌŽǀĞƌ͕ƚŚĞŽƌŝŐŝŶĂůĂƉƉƌŽǀĞƌĐĂŶƐĞĞƚŚĞƚĂƐŬƐƚŚĂƚǁĞƌĞƌĞƌŽƵƚĞĚŝŶĂŶĂƵĚŝƚůŽŐ͘ϵϱ ^LJƐƚĞŵĐƌĞĂƚĞƐĂƵĚŝƚůŽŐƚŚĂƚƚƌĂĐŬƐĐŚĂŶŐĞƐƚŽĞdžŝƐƚŝŶŐƌĞĐŽƌĚƐ͕ŶĞǁƌĞĐŽƌĚƐ͕ĂŶĚĚĞůĞƚŝŽŶƐŽĨƌĞĐŽƌĚƐϵϲ ƵĚŝƚůŽŐƚƌĂĐŬƐƵƐĞƌŵĂŬŝŶŐĐŚĂŶŐĞ͕ƚŝŵĞ͕ĚĂƚĞŽĨĐŚĂŶŐĞϵϳ ƵĚŝƚůŽŐƚƌĂĐŬƐŶĞǁǀĂůƵĞĂŶĚŽůĚǀĂůƵĞĨŽƌĐŚĂŶŐĞƐϵϴ 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dŚĞƐLJƐƚĞŵŚĂƐƚŚĞĂďŝůŝƚLJƚŽĂůůŽǁĂƵƐĞƌƚŽƐĐĂŶĚŽĐƵŵĞŶƚƐĚŝƌĞĐƚůLJŝŶƚŽƚŚĞƐLJƐƚĞŵϭϯϭ dŚĞƐLJƐƚĞŵŚĂƐƚŚĞĂďŝůŝƚLJƚŽůŝŶŬŝŵƉŽƌƚĞĚĚŽĐƵŵĞŶƚƐƚŽƐƉĞĐŝĨŝĐƌĞĐŽƌĚƐϭϯϮ dŚĞƐLJƐƚĞŵŚĂƐƚŚĞĂďŝůŝƚLJƚŽƵƐĞΗĚƌĂŐĂŶĚĚƌŽƉΗŽƌĨŝůĞƵƉůŽĂĚĨƵŶĐƚŝŽŶĂůŝƚLJƚŽĂƐƐŽĐŝĂƚĞĚŽĐƵŵĞŶƚƐƚŽƚƌĂŶƐĂĐƚŝŽŶƐǁŝƚŚŝŶƚŚĞƐLJƐƚĞŵϭϯϯ ^LJƐƚĞŵƉƌŽǀŝĚĞƐĐŚĂƌƚŽĨĂĐĐŽƵŶƚƐƚƌƵĐƚƵƌĞǁŝƚŚŵƵůƚŝƉůĞŝŶĚĞƉĞŶĚĞŶƚƐĞŐŵĞŶƚƐϭϯϰ ^LJƐƚĞŵƉƌŽǀŝĚĞƐĐŚĂƌƚŽĨĂĐĐŽƵŶƚƐƚƌƵĐƚƵƌĞƚŚĂƚĂĐĐŽŵŵŽĚĂƚĞƐƉƌŽũĞĐƚƚƌĂĐŬŝŶŐϭϯϱ ^LJƐƚĞŵƉƌŽǀŝĚĞƐĐŚĂƌƚŽĨĂĐĐŽƵŶƚƐƚƌƵĐƚƵƌĞƚŚĂƚĂĐĐŽŵŵŽĚĂƚĞƐŐƌĂŶƚƚƌĂĐŬŝŶŐϭϯϲ 'ĞŶĞƌĂů>ĞĚŐĞƌĂŶĚƉƌŽũĞĐƚůĞĚŐĞƌƐƵƉƉŽƌƚƐĂůƉŚĂŶƵŵĞƌŝĐĐŚĂƌƚŽĨĂĐĐŽƵŶƚƐĞŐŵĞŶƚƐϭϯϵ ^LJƐƚĞŵƐƵƉƉŽƌƚƐĂǀĂůŝĚĂƚŝŽŶƉƌŽĐĞƐƐŽĨƐĞŐŵĞŶƚĐŽŵďŝŶĂƚŝŽŶƐŽŶƐLJƐƚĞŵƚƌĂŶƐĂĐƚŝŽŶƐϭϰϬ 'ĞŶĞƌĂů>ĞĚŐĞƌ͕ƵĚŐĞƚ>ĞĚŐĞƌ͕ĂŶĚWƌŽũĞĐƚƐͬ'ƌĂŶƚƐ>ĞĚŐĞƌĨĞĞĚƚǁŽǁĂLJƐǁŝƚŚƌĞĂůƚŝŵĞŝŶĨŽƌŵĂƚŝŽŶϭϰϭ ^LJƐƚĞŵƐƵƉƉŽƌƚƐƐĞŐŵĞŶƚƐŝŶƚŚĞKĨŽƌΗWƌŽŐƌĂŵƐΗƚŚĂƚĐĂŶĞdžƚĞŶĚĂĐƌŽƐƐƚŚĞĞŶƚŝƌĞŽƌŐĂŶŝnjĂƚŝŽŶ;ĂƐŶĞĞĚĞĚͿϭϰϮ ^LJƐƚĞŵƉƌŽǀŝĚĞƐŐƌĂŶƚůĞĚŐĞƌƐĨŽƌƚƌĂĐŬŝŶŐŐƌĂŶƚƐϭϰϯ ^LJƐƚĞŵƉƌŽǀŝĚĞƐƉƌŽũĞĐƚůĞĚŐĞƌƐŽƌƐŝŵŝůĂƌĨŽƌƚƌĂĐŬŝŶŐƉƌŽũĞĐƚĚĞƚĂŝůƐϭϰϰ ^LJƐƚĞŵĐĂŶĚĞƐŝŐŶĂƚĞĂŶĂĐĐŽƵŶƚĂƐĂĐƚŝǀĞ;ĂǀĂŝůĂďůĞĨŽƌƉŽƐƚŝŶŐͿϭϰϲ ^LJƐƚĞŵĐĂŶĚĞƐŝŐŶĂƚĞĂŶĂĐĐŽƵŶƚĂƐĂĐƚŝǀĞ;ĂǀĂŝůĂďůĞĨŽƌďƵĚŐĞƚŝŶŐͿϭϰϳ ^LJƐƚĞŵĐĂŶĚĞƐŝŐŶĂƚĞĂŶĂĐĐŽƵŶƚĂƐŝŶĂĐƚŝǀĞ;ŶŽƚĂǀĂŝůĂďůĞĨŽƌƉŽƐƚŝŶŐĂŶĚďƵĚŐĞƚŝŶŐͿϭϰϴ ^LJƐƚĞŵŽŶůLJĂůůŽǁƐƚƌĂŶƐĂĐƚŝŽŶƐƚŽƉŽƐƚƚŽĂĐƚŝǀĞĂĐĐŽƵŶƚƐǁŝƚŚŝŶĂŶLJŽƉĞŶƉĞƌŝŽĚϭϰϵ ^LJƐƚĞŵƌĞƐƚƌŝĐƚƐĐĞƌƚĂŝŶƚLJƉĞƐŽĨĂĐƚŝǀŝƚLJĨƌŽŵƉŽƐƚŝŶŐƚŽĂĐĐŽƵŶƚƐ;ĨŽƌĞdžĂŵƉůĞ͗ĐĂŶΖƚƵƐĞWKĂŐĂŝŶƐƚƐĂůĂƌLJĂĐĐŽƵŶƚͿϭϱϬ ^LJƐƚĞŵƉƌĞǀĞŶƚƐĂĐĐŽƵŶƚƐĨƌŽŵďĞŝŶŐĚĞůĞƚĞĚŝĨĂŶLJĂĐƚŝǀŝƚLJŝƐƉŽƐƚĞĚƚŽƚŚĞŵϭϱϭ ^LJƐƚĞŵƐƵƉƉŽƌƚƐĂĚĞƉĂƌƚŵĞŶƚƌĞƋƵĞƐƚƉƌŽĐĞƐƐĨŽƌƌĞƋƵĞƐƚĞĚĐŚĂŶŐĞƐͬĂĚĚŝƚŝŽŶƐƚŽƚŚĞŚĂƌƚŽĨĐĐŽƵŶƚƐϭϱϮ ZĞƋƵĞƐƚĞĚĐŚĂŶŐĞƐĐĂŶĨŽůůŽǁĂĚŝĨĨĞƌĞŶƚƌĞǀŝĞǁĂŶĚĂƉƉƌŽǀĂůƉƌŽĐĞƐƐďĂƐĞĚŽŶƐƚƌƵĐƚƵƌĞŽƌƐĞŐŵĞŶƚŽĨƚŚĞƌĞƋƵĞƐƚĞĚĐŚĂŶŐĞ;Ğdž͘'ƌĂŶƚƌĞƋƵĞƐƚƚŽ'ƌĂŶƚƐŽĨĨŝĐĞͿϭϱϯ ƵĚŐĞƚĐŽŶƚƌŽůĐĂŶďĞƐĞƚƚŽƐŽĨƚĞƌƌŽƌ;tĂƌŶƵƐĞƌďƵƚĂůůŽǁͿϭϱϰ ƵĚŐĞƚĐŽŶƚƌŽůĐĂŶďĞƐĞƚƚŽŚĂƌĚĞƌƌŽƌ;ŽŶŽƚĂůůŽǁͿϭϱϱ ^LJƐƚĞŵĂůůŽǁƐĨŽƌďƵĚŐĞƚŝŶŐĂƚŽŶĞůĞǀĞůĂŶĚĐŽŶƚƌŽůůŝŶŐĂƚĂĚŝĨĨĞƌĞŶƚůĞǀĞů; džĂŵƉůĞ͗ďƵĚŐĞƚďLJĂĐĐŽƵŶƚͬŽďũĞĐƚďƵƚĐŽŶĚƵĐƚďƵĚŐĞƚĐŽŶƚƌŽůĂƚƉƌŽŐƌĂŵůĞǀĞůͿϭϱϲ ^LJƐƚĞŵĂůůŽǁƐďƵĚŐĞƚĐŽŶƚƌŽůĂƚƐƵŵŵĂƌLJƌŽůůƵƉŽĨĂĐĐŽƵŶƚͬŽďũĞĐƚϭϱϳ ^LJƐƚĞŵĂůůŽǁƐďƵĚŐĞƚĐŽŶƚƌŽůĂƚƐƵŵŵĂƌŝnjĞĚƌŽůůƵƉĐĂƚĞŐŽƌŝĞƐϭϱϴ ^LJƐƚĞŵĐĂŶĂůůŽǁĚĞƉĂƌƚŵĞŶƚƐƚŽƚƌĂĐŬĚĞƚĂŝůĂƚĂůŽǁĞƌůĞǀĞůƚŚĂŶďƵĚŐĞƚĐŽŶƚƌŽůŝƐĞƐƚĂďůŝƐŚĞĚŝŶĂƐĞŐŵĞŶƚϭϱϵ ^LJƐƚĞŵƚŽƐĞƚďƵĚŐĞƚĐŽŶƚƌŽůƚŽƉƌŽũĞĐƚĂŶĚŐƌĂŶƚůĞĚŐĞƌƐϭϲϬ ^LJƐƚĞŵĂůůŽǁƐũŽƵƌŶĂůĞŶƚƌŝĞƐƚŽďĞĞŶƚĞƌĞĚďLJĚĞƉĂƌƚŵĞŶƚƐĂŶĚƌŽƵƚĞĚƚŚƌŽƵŐŚǁŽƌŬĨůŽǁĨŽƌƌĞǀŝĞǁ͕ĂƉƉƌŽǀĂůĂŶĚƉŽƐƚŝŶŐϭϲϮ :ŽƵƌŶĂůĞŶƚƌŝĞƐĂƌĞƉŽƐƚĞĚŝŶƌĞĂůƚŝŵĞĂŶĚĂǀĂŝůĂďůĞĨŽƌƌĞƉŽƌƚŝŶŐϭϲϯ ^LJƐƚĞŵĐĂŶƌƵŶƌĞƉŽƌƚƐƐĞƉĂƌĂƚĞůLJŽŶƉŽƐƚĞĚŽƌƵŶƉŽƐƚĞĚũŽƵƌŶĂůĞŶƚƌŝĞƐϭϲϱ ^LJƐƚĞŵƐƵƉƉŽƌƚƐŵƵůƚŝƉůĞůŝŶĞŝƚĞŵƐĨŽƌũŽƵƌŶĂůĞŶƚƌŝĞƐ;ƉůĞĂƐĞŝŶĚŝĐĂƚĞĂŶLJůŝŵŝƚĂƚŝŽŶƐŝŶƚŚĞŶŽƚĞƐĐŽůƵŵŶͿϭϲϲ :ŽƵƌŶĂůĞŶƚƌŝĞƐƌĞĐŽƌĚƚŚĞƐŽƵƌĐĞŽĨƚŚĞƚƌĂŶƐĂĐƚŝŽŶ;Ğ͘Ő͕͘ŵĂŶƵĂůĞŶƚƌLJŽƌĂƵƚŽŵĂƚĞĚĞŶƚƌLJĨƌŽŵĂŶŽƚŚĞƌŵŽĚƵůĞͿϭϲϳ :ŽƵƌŶĂůĞŶƚƌŝĞƐƌĞĐŽƌĚƚŚĞƐŽƵƌĐĞŽĨƚŚĞƚƌĂŶƐĂĐƚŝŽŶƚŽƚŚŝƌĚͲƉĂƌƚLJƐLJƐƚĞŵŽƌǀŝĐĞǀĞƌƐĂϭϲϴ :ŽƵƌŶĂůĞŶƚƌŝĞƐĂƌĞǀĂůŝĚĂƚĞĚĂŐĂŝŶƐƚƚŚĞĐŚĂƌƚŽĨĂĐĐŽƵŶƚƐƚƌƵĐƚƵƌĞĨŽƌǀĂůŝĚĂĐĐŽƵŶƚƐϭϲϵ :ŽƵƌŶĂůĞŶƚƌŝĞƐĂƌĞǀĂůŝĚĂƚĞĚĂŐĂŝŶƐƚĂǀĂŝůĂďůĞĨƵŶĚƐ;ďƵĚŐĞƚĐŚĞĐŬŽƌĐĂƐŚĂǀĂŝůĂďŝůŝƚLJĐŚĞĐŬͿϭϳϬ ^LJƐƚĞŵŚĂƐƚŚĞĂďŝůŝƚLJƚŽŽǀĞƌƌŝĚĞďƵĚŐĞƚĐŚĞĐŬƐĂŶĚƌĞƐƚƌŝĐƚŝŽŶƐŝĨƌĞƋƵŝƌĞĚ͕ǁŝƚŚƉƌŽƉĞƌĂƉƉƌŽǀĂůƐ;ŝ͘Ğ͘&ŝŶĂŶĐĞͿϭϳϭ :ŽƵƌŶĂůĞŶƚƌŝĞƐĂƌĞǀĂůŝĚĂƚĞĚĂŐĂŝŶƐƚďĂůĂŶĐŝŶŐĞŶƚƌŝĞƐ;ŵĂŬĞƐƵƌĞĂůůĞŶƚƌŝĞƐďĂůĂŶĐĞͿϭϳϮ hƐĞƌƐĐĂŶŝŵƉŽƌƚũŽƵƌŶĂůĞŶƚƌŝĞƐĨƌŽŵƐƉƌĞĂĚƐŚĞĞƚŽƌƚĞdžƚĨŝůĞ;Ğ͘Ő͕͘DŝĐƌŽƐŽĨƚ džĐĞů͕dĞdžƚͿϭϳϯ /ŵƉŽƌƚĞĚũŽƵƌŶĂůĞŶƚƌŝĞƐĨƌŽŵŝŶƚĞƌĨĂĐĞĚƐLJƐƚĞŵƐŐŽƚŚƌŽƵŐŚďƵĚŐĞƚĐŚĞĐŬĂŶĚĞĚŝƚĐŚĞĐŬŽĨĞĂĐŚƚƌĂŶƐĂĐƚŝŽŶϭϳϰ /ŵƉŽƌƚĞĚƚƌĂŶƐĂĐƚŝŽŶƐĨƌŽŵƐƉƌĞĂĚƐŚĞĞƚƐĂƌĞǀĂůŝĚĂƚĞĚƵƐŝŶŐƚŚĞƐĂŵĞďƵƐŝŶĞƐƐƌƵůĞƐĂƐƚƌĂŶƐĂĐƚŝŽŶƐŵĂĚĞŝŶƚŚĞƐLJƐƚĞŵϭϳϱ ^LJƐƚĞŵĐĂŶďĂƚĐŚƉŽƐƚũŽƵƌŶĂůĞŶƚƌŝĞƐϭϳϲ ^LJƐƚĞŵĂůůŽǁƐĐƌĞĂƚŝŽŶŽĨĂũŽƵƌŶĂůĞŶƚƌLJĨƌŽŵƉƌĞǀŝŽƵƐůLJĞŶƚĞƌĞĚũŽƵƌŶĂůĞŶƚƌLJĨŽƌŵĂƚ;ĐŽƉLJũŽƵƌŶĂůͿďLJůŝŶĞŝƚĞŵϭϳϴ ^LJƐƚĞŵĂůůŽǁƐĐƌĞĂƚŝŽŶŽĨĂũŽƵƌŶĂůĞŶƚƌLJĨƌŽŵƉƌĞǀŝŽƵƐůLJĞŶƚĞƌĞĚũŽƵƌŶĂůĞŶƚƌLJĨŽƌŵĂƚ;ĐŽƉLJũŽƵƌŶĂůͿďLJĞŶƚŝƌĞũŽƵƌŶĂůĞŶƚƌLJϭϳϵ ^LJƐƚĞŵĂůůŽǁƐƵƐĞƌƐƚŽƌĞǀĞƌƐĞũŽƵƌŶĂůĞŶƚƌLJǁŝƚŚƉƌŽƉĞƌƐĞĐƵƌŝƚLJĂŶĚĂƉƉƌŽǀĂůƐϭϴϬ ^LJƐƚĞŵĂůůŽǁƐƚŽƐĐŚĞĚƵůĞĂƵƚŽͲƌĞǀĞƌƐĂůƐ;ĚĞĨĞƌƌĂůƐĂƚLJĞĂƌͲĞŶĚͿϭϴϭ :ŽƵƌŶĂůĞŶƚƌŝĞƐƐƵƉƉŽƌƚΗƌĞƋƵŝƌĞĚΗĚĂƚĂĨŝĞůĚƐĂŶĚƉƌĞǀĞŶƚƚƌĂŶƐĂĐƚŝŽŶƐĨƌŽŵƉŽƐƚŝŶŐƵŶƚŝůĂůůΗƌĞƋƵŝƌĞĚΗĨŝĞůĚƐĂƌĞĐŽŵƉůĞƚĞĚϭϴϮ hƐĞƌƐĐĂŶĂƚƚĂĐŚĨŝůĞƐĨŽƌĚŽĐƵŵĞŶƚĂƚŝŽŶƚŽũŽƵƌŶĂůĞŶƚƌLJǁŝƚŚĂƉƌĞĚĞĨŝŶĞĚƌĞƚĞŶƚŝŽŶƉĞƌŝŽĚϭϴϯ ^LJƐƚĞŵĂůůŽǁƐƉŽƐƚŝŶŐŽĨƚƌĂŶƐĂĐƚŝŽŶƐĨŽƌŵƵůƚŝƉůĞĨŝƐĐĂůLJĞĂƌƐĂƚƚŚĞƐĂŵĞƚŝŵĞ;ǁŝƚŚƉƌŽƉĞƌƉĞƌŵŝƐƐŝŽŶƐͿϭϴϰ ^LJƐƚĞŵƌĞƐƚƌŝĐƚƐĂĐĐŽƵŶƚƐƚŚĂƚƵƐĞƌĐĂŶƉŽƐƚũŽƵƌŶĂůĞŶƚƌŝĞƐƚŽďLJƐĞĐƵƌŝƚLJϭϴϱ :ŽƵƌŶĂůƚƌĂŶƐĂĐƚŝŽŶƐĐĂŶďĞĞŶƚĞƌĞĚĂŶĚƐĐŚĞĚƵůĞĚƵƐŝŶŐĞĨĨĞĐƚŝǀĞĚĂƚĞƐ;Ğ͘Ő͕͘ƉŽƐƚŝŶŐĚŽĞƐŶŽƚŽĐĐƵƌƵŶƚŝůĞĨĨĞĐƚŝǀĞĚĂƚĞͿ͕ĂŶĚƉƌĞǀĞŶƚƐĚƵƉůŝĐĂƚĞ: ͛Ɛϭϴϲ ^LJƐƚĞŵǁŝůůĂƵƚŽŵĂƚŝĐĂůůLJďĂůĂŶĐĞũŽƵƌŶĂůĞŶƚƌLJďLJĐĂƐŚϭϴϳ ^LJƐƚĞŵƉƌŽǀŝĚĞƐƚĞŵƉůĂƚĞƐĂŶĚŶŽƚŝĨŝĐĂƚŝŽŶƐĨŽƌƌĞĐƵƌƌŝŶŐũŽƵƌŶĂůĞŶƚƌŝĞƐϭϴϴ ^LJƐƚĞŵƉƌŽǀŝĚĞƐƚĞŵƉůĂƚĞƐĂŶĚŶŽƚŝĨŝĐĂƚŝŽŶƐĨŽƌƌĞĐƵƌƌŝŶŐũŽƵƌŶĂůĞŶƚƌŝĞƐǁŝƚŚƚŚĞƐĂŵĞĚŽůůĂƌǀĂůƵĞϭϴϵ ^LJƐƚĞŵƉƌŽǀŝĚĞƐƚĞŵƉůĂƚĞƐĂŶĚŶŽƚŝĨŝĐĂƚŝŽŶƐĨŽƌƌĞĐƵƌƌŝŶŐũŽƵƌŶĂůĞŶƚƌŝĞƐǁŝƚŚǀĂƌLJŝŶŐĚŽůůĂƌĂŵŽƵŶƚƐϭϵϬ ZĞĐƵƌƌŝŶŐũŽƵƌŶĂůĞŶƚƌŝĞƐŽĐĐƵƌĂƚƌĞŐƵůĂƌĨƌĞƋƵĞŶĐLJ;ĐĂŶƐĞƚƐƚĂƌƚĂŶĚƐƚŽƉĚĂƚĞƐͿϭϵϭ ^LJƐƚĞŵĂůůŽǁƐũŽƵƌŶĂůĞŶƚƌŝĞƐƚŽďĞƐĐŚĞĚƵůĞĚ;ĞdžĂŵƉůĞ͗ůĞĂƐĞͬĚĞďƚƐĐŚĞĚƵůĞƐͿϭϵϮ ^LJƐƚĞŵĂůůŽǁƐĐůŽƐŝŶŐŽĨŵŽŶƚŚƐϭϵϰ ^LJƐƚĞŵĐĂŶĐƌĞĂƚĞĂƵƚŽŵĂƚĞĚΗĚƵĞƚŽͬĚƵĞĨƌŽŵΗƚƌĂŶƐĂĐƚŝŽŶƐϭϵϳ ^LJƐƚĞŵĐĂŶĐƌĞĂƚĞŝŶƚĞƌͲĞŶƚŝƚLJďŝůůŝŶŐƐďĂƐĞĚŽŶĚŝƌĞĐƚƚƌĂŶƐĂĐƚŝŽŶĐŽƐƚƐϭϵϴ ^LJƐƚĞŵĐĂŶĐƌĞĂƚĞŝŶƚĞƌͲĞŶƚŝƚLJďŝůůŝŶŐƐďĂƐĞĚŽŶŝŶĚŝƌĞĐƚƚƌĂŶƐĂĐƚŝŽŶĐŽƐƚƐϭϵϵ ^LJƐƚĞŵĐĂŶĐƌĞĂƚĞŝŶƚĞƌͲĞŶƚŝƚLJďŝůůŝŶŐƐďĂƐĞĚŽŶĐŽƐƚĂůůŽĐĂƚŝŽŶƐϮϬϬ ůůŝŶƚĞƌͲĞŶƚŝƚLJƚƌĂŶƐĂĐƚŝŽŶƐĂƌĞƐĞůĨͲďĂůĂŶĐŝŶŐϮϬϭ ůůŝŶƚĞƌͲĞŶƚŝƚLJƚƌĂŶƐĂĐƚŝŽŶƐĐĂŶďĞƐƵƉƉŽƌƚĞĚďLJĂĚĞƉĂƌƚŵĞŶƚĂůĂƉƉƌŽǀĂůϮϬϮ ^LJƐƚĞŵƐƵƉƉŽƌƚƐĂŶĂŶŶƵĂůĐůŽƐĞƉƌŽĐĞƐƐϮϬϰ ^LJƐƚĞŵƉƌŽǀŝĚĞƐƚŚĞĐĂƉĂďŝůŝƚLJƚŽĂĐĐƌƵĞƉĂLJĂďůĞƐͬƌĞĐĞŝǀĂďůĞƐƚŽƚŚĞƉƌŽƉĞƌƉĞƌŝŽĚϮϬϱ ^LJƐƚĞŵƉƌŽǀŝĚĞƐŵƵůƚŝƉůĞƉĞƌŝŽĚƐ͕ďĞLJŽŶĚϭϮ͕ĨŽƌĂĚũƵƐƚŝŶŐĞŶƚƌŝĞƐĂŶĚĂŶŶƵĂůƌĞƉŽƌƚŝŶŐ;ƉůĞĂƐĞƐƉĞĐŝĨLJŚŽǁŵĂŶLJƉĞƌŝŽĚƐƚŚĞƐLJƐƚĞŵĐĂŶƐƵƉƉŽƌƚͿϮϬϲ ^LJƐƚĞŵƌŽůůƐĞŶĐƵŵďƌĂŶĐĞƐƚŽŶĞdžƚLJĞĂƌĐĂƌƌLJŝŶŐĨŽƌǁĂƌĚďƵĚŐĞƚϮϬϳ ^LJƐƚĞŵƌŽůůƐĞŶĐƵŵďƌĂŶĐĞƐƚŽŶĞdžƚLJĞĂƌĐĂƌƌLJŝŶŐĨŽƌǁĂƌĚĞŶĐƵŵďƌĂŶĐĞϮϬϴ tŚĞŶƌŽůůĞĚƉƵƌĐŚĂƐĞŽƌĚĞƌŝƐĐůŽƐĞĚŝŶŶĞǁLJĞĂƌ͕ƐLJƐƚĞŵƌĞŵŽǀĞƐĂŶLJƵŶƐƉĞŶƚĐĂƌƌLJĨŽƌǁĂƌĚďƵĚŐĞƚϮϬϵ ^LJƐƚĞŵƐƵƉƉŽƌƚƐŵƵůƚŝƉůĞƚLJƉĞƐŽĨƉĞƌŝŽĚĐůŽƐĞƐ;ŝ͘Ğ͕͘zĞĂƌͲ ŶĚ͕DŽŶƚŚ ŶĚ͕YƵĂƌƚĞƌͲ ŶĚͿϮϭϬ ^LJƐƚĞŵƉƌŽǀŝĚĞƐĂĨůĞdžŝďůĞƌĞƉŽƌƚŝŶŐĂŶĚƋƵĞƌLJĐĂƉĂďŝůŝƚLJŽŶĂŶLJƐĞŐŵĞŶƚ;ƐͿǁŝƚŚŝŶƚŚĞĨŝŶĂŶĐŝĂůƐƚƌƵĐƚƵƌĞϮϭϮ ^LJƐƚĞŵŝŶƋƵŝƌLJĐĂŶĚƌŝůůĚŽǁŶŽƌĂĐƌŽƐƐĨƌŽŵƐƵŵŵĂƌLJƚŽĚĞƚĂŝůǁŝƚŚŝŶƚŚĞĨŝŶĂŶĐŝĂůƐƚƌƵĐƚƵƌĞϮϭϯ 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^LJƐƚĞŵƵƐĞƐƉƌŽũĞĐƚƐƚĂƌƚĚĂƚĞĂŶĚĞŶĚĚĂƚĞĨŽƌĚĞƚĞƌŵŝŶŝŶŐĞůŝŐŝďůĞĞdžƉĞŶĚŝƚƵƌĞƐĂŶĚĚŽĞƐŶΖƚĂůůŽǁƚƌĂŶƐĂĐƚŝŽŶƐŽƵƚƐŝĚĞƉƌŽũĞĐƚĞůŝŐŝďŝůŝƚLJƉĞƌŝŽĚϮϲϯ WƌŽũĞĐƚƐĐĂŶďĞĞƐƚĂďůŝƐŚĞĚĂĐƌŽƐƐŵƵůƚŝƉůĞĨƵŶĚƐĂŶĚĚĞƉĂƌƚŵĞŶƚƐϮϲϰ ^LJƐƚĞŵǁŝůůŝĚĞŶƚŝĨLJĂŶĚƚƌĂĐŬƵƐĞƌͲĚĞĨŝŶĞĚŵƵůƚŝƉůĞƐƵďͲůĞǀĞůƐŽĨĂƉƌŽũĞĐƚ;Ğ͘Ő͘ĚĞƐŝŐŶ͕ƉƌĞĐŽŶƐƚƌƵĐƚŝŽŶ͕ĐŽŶƐƚƌƵĐƚŝŽŶ͕ƉŽƐƚĐŽŶƐƚƌƵĐƚŝŽŶ͕ĐŽŵƉůĞƚĞĚͿϮϲϱ ďŝůŝƚLJƚŽĐĂƉƚƵƌĞ͕ƐƚŽƌĞ͕ĂŶĚƌĞƉŽƌƚŽŶƉƌŽũĞĐƚĚĞƚĂŝůƐ;ŝŶĐůƵĚŝŶŐŝŵĂŐĞƐ͕ĞƚĐ͘ͿϮϲϲ hƐĞƌͲĚĞĨŝŶĞĚƐƵďͲůĞǀĞůƐŽĨƉƌŽũĞĐƚĐĂŶďĞĚŝĨĨĞƌĞŶƚĨŽƌĞĂĐŚƉƌŽũĞĐƚϮϲϳ ^LJƐƚĞŵĂůůŽǁƐĐƌĞĂƚŝŽŶŽĨƉƌŽũĞĐƚďƵĚŐĞƚĨŽƌƐĞůĞĐƚƉƌŽũĞĐƚƐ;ŶŽƚƌĞƋƵŝƌĞĚĨŽƌĂůůƉƌŽũĞĐƚƐͿϮϲϴ hƐĞƌĐĂŶĂƚƚĂĐŚƌĞƋƵĞƐƚĞĚƉƌŽũĞĐƚƐƚƌƵĐƚƵƌĞĨŽƌƉƌŽũĞĐƚƐĂŶĚŐƌĂŶƚƐĚƵƌŝŶŐďƵĚŐĞƚƉƌŽĐĞƐƐϮϲϵ hƐĞƌĐĂŶŝĚĞŶƚŝĨLJĨƵŶĚŝŶŐƐŽƵƌĐĞƐĨŽƌƉƌŽũĞĐƚƐƚƌƵĐƚƵƌĞƐŝŶďƵĚŐĞƚƉƌŽĐĞƐƐϮϳϬ WƌŽũĞĐƚďƵĚŐĞƚƐĂƌĞĞƐƚĂďůŝƐŚĞĚĨŽƌĞŶƚŝƌĞƉƌŽũĞĐƚϮϳϭ WƌŽũĞĐƚďƵĚŐĞƚƐĂƌĞĞƐƚĂďůŝƐŚĞĚďLJĨŝƐĐĂůLJĞĂƌǁŝƚŚŝŶŵƵůƚŝͲLJĞĂƌƉƌŽũĞĐƚϮϳϮ ƵĚŐĞƚĐŽŶƚƌŽůĨŽƌĂƉƌŽũĞĐƚĐĂŶďĞƐĞƚĨŽƌĐĂůĞŶĚĂƌLJĞĂƌϮϳϰ ƵĚŐĞƚĐŽŶƚƌŽůĨŽƌĂƉƌŽũĞĐƚĐĂŶďĞƐĞƚĨŽƌŽƚŚĞƌŽƌŐĂŶŝnjĂƚŝŽŶΖƐĨŝƐĐĂůLJĞĂƌ;ŽƌŐƌĂŶƚŽƌΖƐĨŝƐĐĂůLJĞĂƌͿϮϳϱ ƵĚŐĞƚĐŽŶƚƌŽůĨŽƌĂƉƌŽũĞĐƚĐĂŶďĞƐĞƚĨŽƌĞŶƚŝƌĞůŝĨĞŽĨƉƌŽũĞĐƚ;ŵƵůƚŝͲLJĞĂƌͿϮϳϲ ^LJƐƚĞŵĐĂŶĐŽŶƚƌŽůďƵĚŐĞƚĂƚƉƌŽũĞĐƚůĞǀĞůϮϳϳ ^LJƐƚĞŵĐĂŶĐŽŶƚƌŽůďƵĚŐĞƚĂƚƐƵďͲƉƌŽũĞĐƚůĞǀĞů;ĞdžĂŵƉůĞ͗ƉŚĂƐĞ͕ƚĂƐŬ͕ĞƚĐ͘ͿϮϳϴ ^LJƐƚĞŵĐĂŶƐĞƚůĞǀĞůŽĨďƵĚŐĞƚĐŽŶƚƌŽůĚŝĨĨĞƌĞŶƚůLJĨŽƌĞĂĐŚƉƌŽũĞĐƚϮϳϵ ^LJƐƚĞŵǁŝůůďƵĚŐĞƚƚŽƚŚĞƉƌŽũĞĐƚͬŐƌĂŶƚƚĂƐŬͬƉŚĂƐĞϮϴϬ ^LJƐƚĞŵƉƌŽǀŝĚĞƐĐĂƐŚĨůŽǁƉƌŽũĞĐƚŝŽŶƐĨŽƌƉƌŽũĞĐƚƐƵƐŝŶŐĂŶƚŝĐŝƉĂƚĞĚƌĞǀĞŶƵĞ͕ƉƌŽũĞĐƚĞdžƉĞŶĚŝƚƵƌĞƐ͕ĂŶĚŵŝůĞƐƚŽŶĞƉĂLJŵĞŶƚĚĂƚĞƐϮϴϭ ^LJƐƚĞŵĂůůŽǁƐĨŽƌƚƌĂĐŬŝŶŐĚŝƌĞĐƚĐŽƐƚƐ;ĞŶĐƵŵďƌĂŶĐĞͿƚŽƉƌŽũĞĐƚͬŐƌĂŶƚƚŚƌŽƵŐŚƉƵƌĐŚĂƐŝŶŐϮϴϮ ^LJƐƚĞŵĂůůŽǁƐĨŽƌƚƌĂĐŬŝŶŐĚŝƌĞĐƚĐŽƐƚƐ;ĞdžƉĞŶƐĞͿƚŽƉƌŽũĞĐƚͬŐƌĂŶƚƚŚƌŽƵŐŚĂĐĐŽƵŶƚƐƉĂLJĂďůĞϮϴϯ ^LJƐƚĞŵĂůůŽǁƐĨŽƌƚƌĂĐŬŝŶŐĚŝƌĞĐƚĐŽƐƚƐĂŶĚŝŶĚŝƌĞĐƚĐŽƐƚƐ;ĞŶĐƵŵďƌĂŶĐĞĂŶĚĞdžƉĞŶƐĞͿƚŽƉƌŽũĞĐƚͬŐƌĂŶƚƚŚƌŽƵŐŚũŽƵƌŶĂůĞŶƚƌŝĞƐϮϴϰ ^LJƐƚĞŵƚƌĂĐŬƐŐƌĂŶƚŵĂƚĐŚƌĞƋƵŝƌĞŵĞŶƚƐϮϴϱ ^LJƐƚĞŵĐĂŶƚƌĂĐŬƉƌŽũĞĐƚͬŐƌĂŶƚĞdžƉĞŶĚŝƚƵƌĞƐŽŶŝƚLJΖƐĨŝƐĐĂůLJĞĂƌĂŶĚƐƚĂƚĞĂŶĚͬŽƌĨĞĚĞƌĂůĨŝƐĐĂůLJĞĂƌϮϴϲ ^LJƐƚĞŵĂůůŽǁƐĨŽƌƚƌĂĐŬŝŶŐƐĂůĂƌLJĂŶĚďĞŶĞĨŝƚĐŽƐƚƐ;ĞdžƉĞŶƐĞͿƚŽƉƌŽũĞĐƚͬŐƌĂŶƚƚŚƌŽƵŐŚƉĂLJƌŽůůϮϴϳ ^LJƐƚĞŵĐĂŶƐƉůŝƚƚŝŵĞŝŶƉĂLJƌŽůůĂŶĚƚŝŵĞĞŶƚƌLJďĞƚǁĞĞŶǀĂůŝĚƉƌŽũĞĐƚƐĂŶĚŐƌĂŶƚƐϮϴϴ ^LJƐƚĞŵĂůůŽǁƐĨŽƌƚƌĂĐŬŝŶŐƐĂůĂƌLJ͕ŝŶĐůƵĚŝŶŐůŽŶŐĞǀŝƚLJƉĂLJ͕ĂŶĚďĞŶĞĨŝƚĐŽƐƚƐ;ĞdžƉĞŶƐĞͿƚŽƉƌŽũĞĐƚƐͬŐƌĂŶƚƐƚŚƌŽƵŐŚƉĂLJƌŽůůϮϴϵ ^LJƐƚĞŵĂůůŽĐĂƚĞƐŝŶĚŝƌĞĐƚĐŽƐƚƐƚŽƉƌŽũĞĐƚƐͬŐƌĂŶƚƐďĂƐĞĚŽŶƉƌĞͲĚĞƚĞƌŵŝŶĞĚĐŽƐƚĚƌŝǀĞƌƐĂŶĚĂůůŽĐĂƚŝŽŶƐĐŚĞĚƵůĞƐϮϵϭ ^LJƐƚĞŵŝĚĞŶƚŝĨŝĞƐĞůŝŐŝďůĞĞdžƉĞŶƐĞƐĨŽƌƌĞŝŵďƵƌƐĞŵĞŶƚďĂƐĞĚŽŶĐƌŝƚĞƌŝĂŝĚĞŶƚŝĨŝĞĚĨŽƌĞĂĐŚƉƌŽũĞĐƚͬŐƌĂŶƚ;ďLJĂĐĐŽƵŶƚͿϮϵϮ ^LJƐƚĞŵŝĚĞŶƚŝĨŝĞƐĞůŝŐŝďůĞůĂďŽƌŚŽƵƌƐĨŽƌƌĞŝŵďƵƌƐĞŵĞŶƚďĂƐĞĚŽŶĐƌŝƚĞƌŝĂŝĚĞŶƚŝĨŝĞĚĨŽƌĞĂĐŚƉƌŽũĞĐƚͬŐƌĂŶƚ;ďLJĂĐĐŽƵŶƚͿϮϵϯ ^LJƐƚĞŵǁŝůůƐƉůŝƚƚŚĞĐŽƐƚŽĨƉƌŽũĞĐƚƐĂĐƌŽƐƐǀĂƌŝŽƵƐĨƵŶĚŝŶŐƐŽƵƌĐĞƐďLJƉĞƌĐĞŶƚĂŐĞ;Ğ͘Ő͘ϳϬйŐƌĂŶƚ͕ϯϬйďŽŶĚͿϮϵϱ ^LJƐƚĞŵǁŝůůƐƉůŝƚƚŚĞĐŽƐƚŽĨƉƌŽũĞĐƚƐĂĐƌŽƐƐǀĂƌŝŽƵƐĨƵŶĚŝŶŐƐŽƵƌĐĞƐďLJƉƌŝŽƌŝƚLJ;ŐƌĂŶƚĨŝƌƐƚ͕ĐŝƚLJĨƵŶĚƐŶĞdžƚͿϮϵϲ ƵƚŽŵĂƚĞĚĂůĞƌƚƐďĂƐĞĚŽŶŐƌĂŶƚƵŶĚĞƌͬŽǀĞƌƐƉĞŶĚŝŶŐĚĞĨŝŶĞĚďLJĞĂĐŚŐƌĂŶƚďƵĚŐĞƚĂŶĚƌĞƉŽƌƚŝŶŐƌĞƋƵŝƌĞŵĞŶƚƐϮϵϳ ^LJƐƚĞŵĂůůŽǁƐƌĞǀĞŶƵĞƐŽƵƌĐĞƚŽďĞƐƉůŝƚĂĐƌŽƐƐŵƵůƚŝƉůĞƉƌŽũĞĐƚƐϮϵϴ ^LJƐƚĞŵĐĂŶĂƐƐŝŐŶŵƵůƚŝƉůĞƌĞǀĞŶƵĞƐŽƵƌĐĞƐƚŽďĞƵƐĞĚĨŽƌƐŝŶŐůĞƉƌŽũĞĐƚϮϵϵ ^LJƐƚĞŵĂůůŽǁƐŵƵůƚŝƉůĞƌĞǀĞŶƵĞƐŽƵƌĐĞƐƚŽďĞƐƉůŝƚĂĐƌŽƐƐŵƵůƚŝƉůĞƉƌŽũĞĐƚƐ;ĞĂĐŚƉƌŽũĞĐƚŚĂƐŵƵůƚŝƉůĞƐŽƵƌĐĞƐͿϯϬϬ ^LJƐƚĞŵĂƉƉůŝĞƐŝŶƚĞƌĞƐƚĞĂƌŶĞĚƚŽƉƌŽũĞĐƚͬŐƌĂŶƚϯϬϭ ^LJƐƚĞŵǁŝůůƚƌĂĐŬĂĚǀĂŶĐĞƉĂLJŵĞŶƚƐŽŶŐƌĂŶƚƐϯϬϮ ^LJƐƚĞŵŐĞŶĞƌĂƚĞƐƌĞǀĞŶƵĞͬƌĞĐĞŝǀĂďůĞƚƌĂŶƐĂĐƚŝŽŶƐĨƌŽŵŐƌĂŶƚΖƐĞdžƉĞŶĚŝƚƵƌĞĚĂƚĂϯϬϯ ^LJƐƚĞŵƉƌŽĚƵĐĞƐĂŶŝŶǀŽŝĐĞďĂƐĞĚŽŶƚŚĞĚŝƌĞĐƚĂŶĚŝŶĚŝƌĞĐƚĐŽƐƚƐϯϬϰ ^LJƐƚĞŵĐĂŶŐĞŶĞƌĂƚĞŝŶǀŽŝĐĞƚŽĞdžĐůƵĚĞŝŶĞůŝŐŝďůĞĞdžƉĞŶƐĞƐϯϬϱ ^LJƐƚĞŵĐĂŶŐĞŶĞƌĂƚĞŝŶǀŽŝĐĞƚŽďŝůůĨŽƌĂŶLJƉƌŽũĞĐƚĐŽƐƚƐ;ďŝůůƚŽĐŽŶƚƌĂĐƚŽƌ͕ĐŝƚŝnjĞŶ͕ŽƚŚĞƌŐŽǀĞƌŶŵĞŶƚ͕ŽƌŐƌĂŶƚͿϯϬϲ ^LJƐƚĞŵĐĂŶŐĞŶĞƌĂƚĞŝŶǀŽŝĐĞĨŽƌĂƉƉƌŽƉƌŝĂƚĞďŝůůĂďůĞĞdžƉĞŶƐĞƐĂƚĞŶĚŽĨƉƌŽũĞĐƚϯϬϳ ^LJƐƚĞŵĐĂŶŐĞŶĞƌĂƚĞŝŶǀŽŝĐĞĨŽƌĂƉƉƌŽƉƌŝĂƚĞďŝůůĂďůĞĞdžƉĞŶƐĞƐĂƚĐŽŵƉůĞƚŝŽŶŽĨŵŝůĞƐƚŽŶĞͬƉŚĂƐĞϯϬϴ ^LJƐƚĞŵĐĂŶŐĞŶĞƌĂƚĞŝŶǀŽŝĐĞĨŽƌĂƉƉƌŽƉƌŝĂƚĞďŝůůĂďůĞĞdžƉĞŶƐĞƐĂƚĂŶLJƉŽŝŶƚ;ďŝůůĐƵƌƌĞŶƚĐŚĂƌŐĞƐͿϯϬϵ WƌŽũĞĐƚďŝůůŝŶŐďĂƐĞĚŽŶĂĐƚƵĂůĞdžƉĞŶƐĞƐ;ƵƐŝŶŐĐƵƌƌĞŶƚƐĂůĂƌLJĂŶĚďĞŶĞĨŝƚŝŶĨŽƌŵĂƚŝŽŶͿϯϭϬ WƌŽũĞĐƚďŝůůŝŶŐďĂƐĞĚŽŶĂĐƚƵĂůĞdžƉĞŶƐĞƐ;ƵƐŝŶŐĐƵƌƌĞŶƚƐĂůĂƌLJĂŶĚďĞŶĞĨŝƚŝŶĨŽƌŵĂƚŝŽŶͿƉůƵƐƉĞƌĐĞŶƚĂŐĞ;ĂĚŵŝŶŝƐƚƌĂƚŝǀĞĐŽƐƚͿϯϭϭ ^LJƐƚĞŵĐƌĞĂƚĞƐũŽƵƌŶĂůĞŶƚƌŝĞƐĂƵƚŽŵĂƚŝĐĂůůLJďĂƐĞĚŽŶƌĞŝŵďƵƌƐĞŵĞŶƚƌĞƋƵĞƐƚƐϯϭϮ WƌŽũĞĐƚƐĐĂŶƵƐĞŵƵůƚŝƉůĞƉƌĞͲĚĞƚĞƌŵŝŶĞĚƌĂƚĞƚĂďůĞƐϯϭϯ WƌŽũĞĐƚďŝůůŝŶŐďĂƐĞĚŽŶƐƚĂŶĚĂƌĚƌĂƚĞƐϯϭϰ ^LJƐƚĞŵƉƌĞǀĞŶƚƐĚĞůĞƚŝŽŶŽĨĂƉƌŽũĞĐƚŽƌƉƌŽũĞĐƚĂĐĐŽƵŶƚǁŚŝĐŚŚĂƐĂĐƚŝǀŝƚLJĂƐƐŽĐŝĂƚĞĚǁŝƚŚŝƚϯϭϱ ůŽƐĞƐƉƌŽũĞĐƚƵƐŝŶŐĞĨĨĞĐƚŝǀĞĚĂƚŝŶŐϯϭϲ ůŽƐĞŽĨƉƌŽũĞĐƚƐĚŽĞƐŶŽƚůŽƐĞĚĞƚĂŝůĞĚŚŝƐƚŽƌLJŽĨƉƌŽũĞĐƚϯϭϳ ^LJƐƚĞŵĂůůŽǁƐĐůŽƐŝŶŐƐƵďͲƉƌŽũĞĐƚ;ĞdžĂŵƉůĞ͗ƉŚĂƐĞͿƐĞƉĂƌĂƚĞůLJϯϭϴ ůůŽǁƐŽĨƚĐůŽƐĞƚŽƉƌŽũĞĐƚƚŚĂƚĚŽĞƐŶΖƚĂůůŽǁŶĞǁĞdžƉĞŶĚŝƚƵƌĞƐďƵƚĚŽĞƐĂůůŽǁĨŝŶĂůĐŽƐƚĂĚũƵƐƚŵĞŶƚƐϯϭϵ ^LJƐƚĞŵƉƌŽǀŝĚĞƐƌĞƉŽƌƚŝŶŐĐĂƉĂďŝůŝƚŝĞƐŽŶƉƌŽũĞĐƚĂŶĚŐƌĂŶƚƐŝŶƐƵŵŵĂƌLJĂŶĚŝŶĚĞƚĂŝůϯϮϬ ^LJƐƚĞŵĐĂŶƌĞƉŽƌƚƉƌŽũĞĐƚĂŶĚŐƌĂŶƚĚĂƚĂŝŶĂŶLJƚŝŵĞĨƌĂŵĞĞdž͘ĐŝƚLJƉĞƌŝŽĚ͕ŐƌĂŶƚŽƌƉĞƌŝŽĚ͕ĞƚĐ͘ϯϮϭ ^LJƐƚĞŵĐĂŶƌĞƉŽƌƚŽŶƉƌŽũĞĐƚĂŶĚŐƌĂŶƚƐƌĞǀĞŶƵĞĂŶĚĞdžƉĞŶĚŝƚƵƌĞĚĂƚĂϯϮϮ ^LJƐƚĞŵĐĂŶŐĞŶĞƌĂƚĞŐƌĂŶƚŽƌƌĞƋƵŝƌĞĚƌĞƉŽƌƚŝŶŐϯϮϯ ^LJƐƚĞŵĐĂŶƌĞƉŽƌƚŝŶĚĞƚĂŝůďLJƉƌŽũĞĐƚĨƵŶĚŝŶŐƐŽƵƌĐĞϯϮϰ džƉĞŶĚŝƚƵƌĞƐĨŽƌĐĂƉŝƚĂůƉƌŽũĞĐƚĐĂŶďĞŝĚĞŶƚŝĨŝĞĚĂƐĐĂƉŝƚĂůŝnjĞĚĞdžƉĞŶƐĞƐ;ďĂƐĞĚŽŶĚŝĨĨĞƌĞŶƚƚŚƌĞƐŚŽůĚƐĨŽƌŐƌĂŶƚͲĨƵŶĚĞĚǀƐŐĞŶĞƌĂůͿϯϮϱ ^LJƐƚĞŵǁŝůůŵŽǀĞĂƉƌŽũĞĐƚƚŽĐĂƉŝƚĂůĂƐƐĞƚďƵƚĂůůŽǁĨŽƌĂŶLJƐƵďƐĞƋƵĞŶƚĞdžƉĞŶĚŝƚƵƌĞƐƚŽďĞĐŚĂƌŐĞĚƚŽƚŚĂƚƉƌŽũĞĐƚϯϮϲ ^LJƐƚĞŵƚƌĂŶƐĨĞƌƐĐŽŶƐƚƌƵĐƚŝŽŶͲŝŶͲƉƌŽŐƌĞƐƐĂĐĐŽƵŶƚƐƚŽĐĂƉŝƚĂůĂƐƐĞƚĂĐĐŽƵŶƚƐĂƚƉƌŽũĞĐƚĐůŽƐĞŽƌĐŽŵƉůĞƚŝŽŶϯϮϳ ^LJƐƚĞŵĂůůŽǁƐĐƌĞĂƚŝŽŶŽĨĂƐƐĞƚďĞĨŽƌĞƉƌŽũĞĐƚĐůŽƐĞϯϮϴ KŶĞƉƌŽũĞĐƚĐĂŶďĞĐŽŶǀĞƌƚĞĚŝŶƚŽŵƵůƚŝƉůĞĂƐƐĞƚƐϯϮϵ ^LJƐƚĞŵĂůůŽǁƐƵƐĞƌƐƚŽĚĞƚĞƌŵŝŶĞǁŚĂƚĐŽƐƚƐƐŚŽƵůĚďĞĐĂƉŝƚĂůŝnjĞĚϯϯϬ hƐĞƌƐĐĂŶĂƚƚĂĐŚƉƵƌĐŚĂƐŝŶŐĚŽĐƵŵĞŶƚƐƚŽĂŶLJƚƌĂŶƐĂĐƚŝŽŶϯϯϯ ^LJƐƚĞŵƌĞƋƵŝƐŝƚŝŽŶĐĂŶŝŶĐůƵĚĞƌĞƋƵĞƐƚĞĚǀĞŶĚŽƌϯϯϰ ^LJƐƚĞŵĐĂŶƉƌŽĐĞƐƐƌĞƋƵŝƐŝƚŝŽŶƐǁŝƚŚŽƵƚĂƐƉĞĐŝĨŝĞĚǀĞŶĚŽƌϯϯϱ ZĞƋƵĞƐƚŽƌĐĂŶĂƚƚĂĐŚĨŝůĞƐƚŽƌĞƋƵŝƐŝƚŝŽŶĂƚŚĞĂĚĞƌůĞǀĞů͕ĨŝůĞƐĐĂŶďĞŝŶĚŝǀŝĚƵĂůůLJƉƌŝŶƚĞĚŽƌƉƌŝŶƚĞĚǁŝƚŚĚŽĐƵŵĞŶƚϯϯϲ ^LJƐƚĞŵŵĂŝŶƚĂŝŶƐůŝƐƚŽĨŝŶƚĞƌĞƐƚĞĚďŝĚĚĞƌƐͬǀĞŶĚŽƌƐ͕ŝŶĐůƵĚŝŶŐĂƉƉůŝĐĂďůĞĐŽŵŵŽĚŝƚLJĐŽĚĞƐϯϯϳ ZĞƋƵĞƐƚŽƌĐĂŶĂƚƚĂĐŚĨŝůĞƐƚŽƌĞƋƵŝƐŝƚŝŽŶĂƚůŝŶĞŝƚĞŵůĞǀĞůϯϯϴ WƵƌĐŚĂƐĞƌĞƋƵŝƐŝƚŝŽŶĂůůŽǁƐƵƐĞƌƚŽĂĚĚE/'WĐŽŵŵŽĚŝƚLJĐŽĚĞƚŽůŝŶĞŝƚĞŵϯϯϵ WƵƌĐŚĂƐĞƌĞƋƵŝƐŝƚŝŽŶĂůůŽǁƵƐĞƌƐƚŽĂĚĚĐŽŵŵŽĚŝƚLJĐŽĚĞƐƚŽƚŚĞůŝŶĞŝƚĞŵ͘ϯϰϬ ^LJƐƚĞŵĂůůŽǁƐƵƐĞƌƚŽƌĞĐŽƌĚŝŶĨŽƌŵĂƚŝŽŶŽŶĐŽŵƉĞƚŝŶŐƋƵŽƚĞƐ;ŝŶĨŽƌŵĂůƋƵŽƚĞƐͿϯϰϭ WƵƌĐŚĂƐĞƌĞƋƵŝƐŝƚŝŽŶĂůůŽǁƐƵƐĞƌƚŽŝĚĞŶƚŝĨLJƉƌŽũĞĐƚůĞĚŐĞƌƐĞŐŵĞŶƚƐŽŶůŝŶĞŝƚĞŵϯϰϮ 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^LJƐƚĞŵĐŽŶĚƵĐƚƐĂďƵĚŐĞƚĐŚĞĐŬǁŚĞŶƉƵƌĐŚĂƐĞƌĞƋƵŝƐŝƚŝŽŶŝƐƐƵďŵŝƚƚĞĚϯϱϱ ^LJƐƚĞŵƚƌĂĐŬƐƉƌĞͲĞŶĐƵŵďƌĂŶĐĞƐĨŽƌƉƵƌĐŚĂƐĞƌĞƋƵŝƐŝƚŝŽŶƐϯϱϲ ^LJƐƚĞŵƐĂǀĞƐƉƵƌĐŚĂƐĞƌĞƋƵŝƐŝƚŝŽŶƐƚŚĂƚŚĂǀĞŶŽƚďĞĞŶƐƵďŵŝƚƚĞĚĨŽƌǁŽƌŬĨůŽǁĂƉƉƌŽǀĂůϯϱϳ ^LJƐƚĞŵƉƌĞͲĞŶĐƵŵďĞƌƐƐĂǀĞĚƉƵƌĐŚĂƐĞƌĞƋƵŝƐŝƚŝŽŶƐϯϱϴ ƵĚŐĞƚĐŚĞĐŬƉĞƌĨŽƌŵĞĚĂƚƚŚĞĨƵŶĚůĞǀĞůϯϱϵ ƵĚŐĞƚĐŚĞĐŬƉĞƌĨŽƌŵĞĚĂƚƚŚĞĚĞƉĂƌƚŵĞŶƚůĞǀĞůϯϲϬ ƵĚŐĞƚĐŚĞĐŬƉĞƌĨŽƌŵĞĚĂƚƚŚĞƐƵďͲĚĞƉĂƌƚŵĞŶƚůĞǀĞůϯϲϭ ƵĚŐĞƚĐŚĞĐŬƉĞƌĨŽƌŵĞĚĂƚƚŚĞŐƌĂŶƚůĞǀĞůϯϲϮ ƵĚŐĞƚĐŚĞĐŬƉĞƌĨŽƌŵĞĚĂƚƚŚĞƉƌŽũĞĐƚůĞǀĞůϯϲϯ ƵĚŐĞƚĐŚĞĐŬƉĞƌĨŽƌŵĞĚĂƚƚŚĞĐŽŶƚƌĂĐƚůĞǀĞůϯϲϰ ƵĚŐĞƚĐŚĞĐŬƉĞƌĨŽƌŵĞĚĂƚŽƌŐĂŶŝnjĂƚŝŽŶ;ĚĞƉĂƌƚŵĞŶƚͬƐƵďͲĚĞƉĂƌƚŵĞŶƚͿĂŶĚŽďũĞĐƚůĞǀĞůϯϲϱ ƵĚŐĞƚĐŽŶƚƌŽůǁĂƌŶŝŶŐƐĐĂŶďĞƐĞŶƚƚŚƌŽƵŐŚǁŽƌŬĨůŽǁŽƌĞŵĂŝůƚŽŽƚŚĞƌƵƐĞƌƐ;ƐƵƉĞƌǀŝƐŽƌͿϯϲϲ ^LJƐƚĞŵƌŽƵƚĞƐƉƵƌĐŚĂƐĞƌĞƋƵŝƐŝƚŝŽŶĨŽƌĂƉƉƌŽǀĂůͬŶŽƚŝĨŝĐĂƚŝŽŶďLJƚŽƚĂůĚŽůůĂƌĂŵŽƵŶƚϯϲϳ ^LJƐƚĞŵƌŽƵƚĞƐƉƵƌĐŚĂƐĞƌĞƋƵŝƐŝƚŝŽŶĨŽƌĂƉƉƌŽǀĂůͬŶŽƚŝĨŝĐĂƚŝŽŶďLJĐŚĂƌƚŽĨĂĐĐŽƵŶƚŝŶĨŽƌŵĂƚŝŽŶ;ĞdžĂŵƉůĞ͗ĚĞƉĂƌƚŵĞŶƚͿϯϲϴ ^LJƐƚĞŵƌŽƵƚĞƐƉƵƌĐŚĂƐĞƌĞƋƵŝƐŝƚŝŽŶĨŽƌĂƉƉƌŽǀĂůͬŶŽƚŝĨŝĐĂƚŝŽŶďLJĐŚĂƌƚŽĨĂĐĐŽƵŶƚŝŶĨŽƌŵĂƚŝŽŶ;ŽďũĞĐƚͬĂĐĐŽƵŶƚĐŽĚĞͿϯϲϵ 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^LJƐƚĞŵƐƵƉƉŽƌƚƐƉŚLJƐŝĐĂůŝŶǀĞŶƚŽƌLJĐLJĐůĞĐŽƵŶƚŝŶŐϵϭϴ WŚLJƐŝĐĂůŝŶǀĞŶƚŽƌLJŝƐĐŽŵƉĂƚŝďůĞǁŝƚŚŵŽďŝůĞĚĞǀŝĐĞƐϵϭϵ ^LJƐƚĞŵƐƵƉƉŽƌƚƐĂŶŝŶƚĞƌŶĂůƚƌĂŶƐĨĞƌŽĨĂƐƐĞƚƐƉƌŽĐĞƐƐďĞƚǁĞĞŶĚĞƉĂƌƚŵĞŶƚƐ͕ĞƚĐ͘ϵϮϭ hƉŽŶĚŝƐƉŽƐĂů͕ƐLJƐƚĞŵĐĂůĐƵůĂƚĞƐƉĂƌƚŝĂůƉĞƌŝŽĚĚĞƉƌĞĐŝĂƚŝŽŶĂŶĚŐĞŶĞƌĂƚĞƐĂƉƉƌŽƉƌŝĂƚĞƉƌŽĨŝƚͬůŽƐƐĐĂůĐƵůĂƚŝŽŶϵϮϯ ^LJƐƚĞŵƚƌĂĐŬƐƌĞĂƐŽŶĨŽƌĚŝƐƉŽƐĂů;ƐĂůĞ͕ƐĂůǀĂŐĞ͕ĞƚĐ͘ͿϵϮϰ ^LJƐƚĞŵƐƚŽƌĞƐŝŶĨŽƌŵĂƚŝŽŶŽŶĚŝƐƉŽƐĞĚĂƐƐĞƚƐϵϮϱ ^LJƐƚĞŵƉƌŽǀŝĚĞƐǁŽƌŬĨůŽǁĂƉƉƌŽǀĂůͬŶŽƚŝĨŝĐĂƚŝŽŶĨŽƌĚŝƐƉŽƐĞĚĂƐƐĞƚƐϵϮϳ ^LJƐƚĞŵƚƌĂĐŬƐĂŶLJƌĞƐƚƌŝĐƚŝŽŶƐŽŶƚŚĞĂƐƐĞƚĚŝƐƉŽƐĂů;Ğ͘Ő͘ŚĂnjĂƌĚŽƵƐǁĂƐƚĞ͕ŶŽĚƵŵƉƐƚĞƌ͕ĞƚĐ͘ͿϵϮϴ ^LJƐƚĞŵŐĞŶĞƌĂƚĞƐƚŚĞĂƉƉƌŽƉƌŝĂƚĞũŽƵƌŶĂůĞŶƚƌLJƚƌĂŶƐĂĐƚŝŽŶĂĨƚĞƌůŝĨĞͲĐLJĐůĞĞǀĞŶƚƐϵϮϵ ^LJƐƚĞŵĂƐƐŝŐŶƐůŝĨĞͲĐLJĐůĞũŽƵƌŶĂůĞŶƚƌLJƚŽĂƉƉƌŽƉƌŝĂƚĞůĞĚŐĞƌƚƌĂŶƐĂĐƚŝŽŶĂŶĚĂƉƉƌŽƉƌŝĂƚĞďĞŚŝŶĚƚŚĞƐĐĞŶĞƐƚƌĂŶƐĂĐƚŝŽŶ;Ğ͘Ő͘ĂĐƋƵŝƐŝƚŝŽŶƚŽŐĞŶĞƌĂůůĞĚŐĞƌ͕ĚĞƉƌĞĐŝĂƚŝŽŶƚŽ'^ϯϰůĞĚŐĞƌ͕ƚƌĂŶƐĨĞƌƚ ŽƚŚĞ'^ϯϰĂŶĚĂĚũƵƐƚůĞĚŐĞƌͿϵϯϬ ^LJƐƚĞŵĂƵƚŽŵĂƚŝĐĂůůLJĐĂůĐƵůĂƚĞƐĚĞƉƌĞĐŝĂƚŝŽŶŝŶĂĐĐŽƌĚĂŶĐĞǁŝƚŚƚŚĞĚĞƉƌĞĐŝĂƚŝŽŶŵĞƚŚŽĚĂŶĚĐŽŶǀĞŶƚŝŽŶĚĞƐŝŐŶĂƚĞĚĨŽƌĂŶĂƐƐĞƚϵϯϯ 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^LJƐƚĞŵǁŝůůŶŽƚŝĨLJĚĞƉĂƌƚŵĞŶƚǁŚĞŶĂƉŽƐŝƚŝŽŶŚĂƐďĞĞŶĨŝůůĞĚŽƌƉƵůůĞĚϭϮϯϬ ^LJƐƚĞŵŶŽƚŝĨŝĞƐĚĞƉĂƌƚŵĞŶƚǁŚĞŶĂƉƉůŝĐĂŶƚƐƚĂƚƵƐŚĂƐĐŚĂŶŐĞĚ;Ğ͘Ő͘ΖŚŝƌĞĚΖŽƌΖŽĨĨĞƌĂĐĐĞƉƚĞĚΖŽƌΖĚĞĐůŝŶĞĚΖͿϭϮϯϭ ^LJƐƚĞŵƚŽƚƌĂĐŬƚŚĞŚŝƐƚŽƌLJŽĨĞŵƉůŽLJĞĞŽƌĂƉƉůŝĐĂŶƚΖƐĂƉƉůŝĐĂƚŝŽŶŚŝƐƚŽƌLJ;ƚƌĂĐŬƚŚĞŶƵŵďĞƌŽĨũŽďƐĂŶĂƉƉůŝĐĂŶƚŚĂƐĂƉƉůŝĞĚĨŽƌďLJĚĞƉĂƌƚŵĞŶƚͿϭϮϯϮ ^LJƐƚĞŵƚŽƚƌĂĐŬƚŚĞŚŝƐƚŽƌLJŽĨĂƉƉůŝĐĂŶƚƐ͕ŝŶĐůƵĚŝŶŐƚŚĞƌĞĂƐŽŶƚŚĞLJǁĞƌĞŶΖƚŚŝƌĞĚŽƌĚŝĚŶΖƚƉƌŽĐĞĞĚŝŶƚŚĞĂƉƉůŝĐĂƚŝŽŶƉƌŽĐĞƐƐ;ŶŽƚŚŝƌĞĚ͕ĨĂŝůĞĚWdƚĞƐƚͿϭϮϯϯ ^LJƐƚĞŵĂůůŽǁƐƵƐĞƌƐƚŽŵĂŶƵĂůůLJĂĚĚƚŽŽƌƌĞŵŽǀĞĂƉƉůŝĐĂŶƚƐĨƌŽŵĞůŝŐŝďŝůŝƚLJůŝƐƚƐϭϮϯϱ ^LJƐƚĞŵǁŝůůŵĂŝŶƚĂŝŶĞĚƌĞĨĞƌƌĂůůŝƐƚ;ŝ͘Ğ͕͘ĂƉƉůŝĐĂŶƚƐƚŚĂƚĂƌĞĂŐŽŽĚĨŝƚĨŽƌƚŚĞƉŽƐŝƚŝŽŶͿϭϮϯϳ ^LJƐƚĞŵƚƌĂĐŬƐĚĂƚĞĨŽƌĂĚĚͬƌĞŵŽǀĞĨƌŽŵƚŚĞĞůŝŐŝďŝůŝƚLJůŝƐƚϭϮϯϴ ^LJƐƚĞŵĂůůŽǁƐĨŽƌĂĚŵŝŶŝƐƚƌĂƚŝŽŶŽĨƐĞƉĂƌĂƚĞĞůŝŐŝďŝůŝƚLJůŝƐƚƐĨŽƌĞĂĐŚũŽďĐůĂƐƐŝĨŝĐĂƚŝŽŶϭϮϯϵ ^LJƐƚĞŵĂůůŽǁƐƵƐĞƌŽǀĞƌƌŝĚĞŽĨƐLJƐƚĞŵŐĞŶĞƌĂƚĞĚĞůŝŐŝďŝůŝƚLJůŝƐƚϭϮϰϬ ^LJƐƚĞŵŵĂŶĂŐĞƐƌŽůůŝŶŐĞůŝŐŝďŝůŝƚLJůŝƐƚƐ;ůŝƐƚƐƚĂLJƐĂĐƚŝǀĞďƵƚĂƉƉůŝĐĂŶƚĚƌŽƉƐŽĨĨůŝƐƚĂĨƚĞƌƐĞƚƉĞƌŝŽĚŽĨƚŝŵĞͿϭϮϰϭ ^LJƐƚĞŵŵĂŝŶƚĂŝŶƐŵƵůƚŝƉůĞĞůŝŐŝďŝůŝƚLJůŝƐƚƐĨŽƌĞĂĐŚĐůĂƐƐŝĨŝĐĂƚŝŽŶŝŶĐůƵĚŝŶŐŵĂŝŶůŝƐƚϭϮϰϮ ^LJƐƚĞŵŵĂŝŶƚĂŝŶƐŵƵůƚŝƉůĞĞůŝŐŝďŝůŝƚLJůŝƐƚƐĨŽƌĞĂĐŚĐůĂƐƐŝĨŝĐĂƚŝŽŶŝŶĐůƵĚŝŶŐĂůƚĞƌŶĂƚĞůŝƐƚƐ;ůĂLJͲŽĨĨͬƉƌŽŵŽƚŝŽŶĂůůŝƐƚĨŽƌƉƌŝŽƌŝƚLJŚŝƌŝŶŐͿϭϮϰϯ ZĞĐĞŝƉƚĂŶĚĂĐŬŶŽǁůĞĚŐĞŵĞŶƚŽĨŝƚLJƉŽůŝĐŝĞƐĂŶĚĞŵƉůŽLJĞĞŚĂŶĚŬĚƵƌŝŶŐŽŶďŽĂƌĚŝŶŐϭϮϰϰ ďŝůŝƚLJƚŽƐƵƉƉŽƌƚƉĞƌƐŽŶĂůĞŵĂŝůĂŶĚŝƚLJĞŵĂŝůĨŽƌĂƉƉůŝĐĂŶƚͬŶĞǁŚŝƌĞϭϮϰϱ ^LJƐƚĞŵŚĂƐŽŶďŽĂƌĚŝŶŐƉŽƌƚĂůͬƉĂŐĞĨŽƌǁĞůĐŽŵĞŶŽƚŝĐĞƐ͕ĞƚĐ͘ϭϮϰϲ ^LJƐƚĞŵƐƵƉƉŽƌƚƐƉƌĞͲƌĞƋƵŝƐŝƚĞŶĞǁŚŝƌĞƚƌĂŝŶŝŶŐϭϮϰϳ EĞĞĚƚŽďĞĂďůĞƚŽƌĞƉŽƌƚƚŚƌŽƵŐŚͬǁŝƚŚ ͲsĞƌŝĨLJĂƵƚŽŵĂƚŝĐĂůůLJϭϮϰϴ ^LJƐƚĞŵƐƵƉƉŽƌƚƐĂƵƚŽŵĂƚŝĐũŽďƉŽƐƚŝŶŐ;ƉŽƐƚͲĂƉƉƌŽǀĂůͿƚŽƚŚŝƌĚƉĂƌƚLJƐŝƚĞƐ;ƉůĞĂƐĞůŝƐƚƚŚĞũŽďďŽĂƌĚƐƚŚĂƚƚŚĞƉŽƐƚŝŶŐƐǁŝůůĂƵƚŽŵĂƚŝĐĂůůLJƉŽƐƚƚŽŝŶƚŚĞĐŽŵŵĞŶƚƐͿϭϮϱϬ /ŶƚĞŐƌĂƚŝŽŶǁŝƚŚƐŽĐŝĂůŵĞĚŝĂĨŽƌĂƉƉůŝĐĂƚŝŽŶƉŽŽůͬƌĞĐƌƵŝƚŝŶŐĞ͘Ő͘>ŝŶŬĞĚ/Ŷ͕ĞƚĐ͘ϭϮϱϮ ^ƵƉƉŽƌƚƐĐŽŵŵƵŶŝĐĂƚŝŶŐƚŚƌŽƵŐŚƚĞdžƚƚŚƌŽƵŐŚŽƵƚƌĞĐƌƵŝƚŵĞŶƚƉƌŽĐĞƐƐϭϮϱϯ ^ƵƉƉŽƌƚƐĚŝŐŝƚĂůƐŝŐŶĂƚŽƌLJϭϮϱϰ ďŝůŝƚLJĨŽƌƵƐĞƌƐƚŽďĞĂďůĞƚŽŝŵƉŽƌƚͬĞdžƉŽƌƚĚĂƚĂĨƌŽŵƐLJƐƚĞŵďĂƐĞĚŽŶƉĞƌŵŝƐƐŝŽŶƐϭϮϱϱ ďŝůŝƚLJƚŽƐƵƉƉŽƌƚŵƵůƚŝƉůĞůĂŶŐƵĂŐĞƐϭϮϱϲ ^LJƐƚĞŵŝƐĐŽŵƉůŝĂŶƚϭϮϱϳ ŵƉůŽLJĞĞƐĐĂŶĞŶƚĞƌƚŝŵĞŝŶƐLJƐƚĞŵďLJƉƵŶĐŚͲŝŶ͕ƉƵŶĐŚͲŽƵƚϭϰϮϯ 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ďŝůŝƚLJƚŽƐƵƉƉŽƌƚƐŚŝĨƚŐƵĂƌĂŶƚĞĞĞ͘Ő͘ĨŽƌŽŶĐĂůůͲϮŚŽƵƌŵŝŶŝŵƵŵϭϰϯϴ ďŝůŝƚLJƚŽƐƵƉƉŽƌƚƐƚĂŶĚďLJƉĂLJŵĞŶƚƐ;ĞŵƉůŽLJĞĞŐĞƚƐƉĂŝĚĂĐĞƌƚĂŝŶĂŵŽƵŶƚũƵƐƚĨŽƌďĞŝŶŐŽŶĐĂůůͿϭϰϯϵ ^LJƐƚĞŵŝƐĂďůĞƚŽĂĐĐŽŵŵŽĚĂƚĞŽŶͲĐĂůůŚŽƵƌƐ͗ĂͿϮϰͲŽŶ͕ďͿϭϮͲŽŶϭϰϰϬ ^LJƐƚĞŵŝƐĂďůĞƚŽƚŝĞƚŝŵĞƐŚĞĞƚƚŽƚŚĞƐĞƚƐĐŚĞĚƵůĞŽĨƚŚĞƉŽƐŝƚŝŽŶϭϰϰϭ ^LJƐƚĞŵĂůůŽǁƐĨŽƌƉƌŽũĞĐƚͬĐŽƐƚĂůůŽĐĂƚŝŽŶŽĨĞŵƉůŽLJĞĞŚŽƵƌƐĂŶĚĐĂŶĂůůŽĐĂƚĞďĂƐĞĚŽŶĚĞĨŝŶĞĚŵŝŶŝŵƵŵƚŝŵĞ;Ğ͘Ő͘ƋƵĂƌƚĞƌŚŽƵƌͿϭϰϰϮ ^LJƐƚĞŵĐĂŶƉƌŽǀŝĚĞĂŽŶĞͲƐƚŽƉͲƐŚŽƉĨŽƌĞŵƉůŽLJĞĞƐƚŽĞŶƚĞƌƚŝŵĞĂŶĚůĞĂǀĞƌĞƋƵĞƐƚƐϭϰϰϯ ^LJƐƚĞŵĂůůŽǁƐĞŵƉůŽLJĞĞƐƚŽĞŶƚĞƌƚŝŵĞĨŽƌŵƵůƚŝƉůĞƉŽƐŝƚŝŽŶƐ;ƚŚĞŝƌΗƌĞŐƵůĂƌΗŝƚLJƉŽƐŝƚŝŽŶĂŶĚĂƐĞĂƐŽŶĂůƉŽƐŝƚŝŽŶ͕Ğ͘Ő͘ƉŽůůǁŽƌŬĞƌͿϭϰϰϰ ^LJƐƚĞŵƉƌŽǀŝĚĞƐǁŽƌŬĨůŽǁĨŽƌƌĞǀŝĞǁĂŶĚĂƉƉƌŽǀĂůŽĨƚŝŵĞƐŚĞĞƚƐϭϰϲϮ ^LJƐƚĞŵƉƌŽǀŝĚĞƐĞŵĂŝůŶŽƚŝĨŝĐĂƚŝŽŶƚŚĂƚƚŝŵĞƐŚĞĞƚƐĂƌĞĂǀĂŝůĂďůĞĨŽƌĂƉƉƌŽǀĂůϭϰϲϯ ^LJƐƚĞŵĐĂŶƐĞŶĚĂƚŝŵĞƐŚĞĞƚďĂĐŬƚŽƚŚĞĞŵƉůŽLJĞĞĨŽƌĐŽƌƌĞĐƚŝŽŶǁŝƚŚĐŽŵŵĞŶƚ͘ϭϰϲϰ ^LJƐƚĞŵĐĂŶƐĞŶĚŶŽƚŝĨŝĐĂƚŝŽŶƚŽĞŵƉůŽLJĞĞŝĨŵĂŶĂŐĞƌŵĂŬĞƐĐŚĂŶŐĞƚŽƚŝŵĞƐŚĞĞƚ͘ϭϰϲϱ ^LJƐƚĞŵŝŶƚĞƌĨĂĐĞƐǁŝƚŚƉĂLJƌŽůůƐLJƐƚĞŵƚŽĞůŝŵŝŶĂƚĞƚŚĞŶĞĞĚƚŽŵĂŶƵĂůůLJƵƉůŽĂĚƚŝŵĞĞŶƚƌLJƌĞĐŽƌĚƐϭϰϲϲ 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^LJƐƚĞŵĂůůŽǁƐĂŶĞŵƉůŽLJĞĞďĞƉĂŝĚ;ĐŽƐƚĚŝƐƚƌŝďƵƚŝŽŶͿďLJĚŝĨĨĞƌĞŶƚĨƵŶĚƐͬĐŽƐƚĐĞŶƚĞƌϭϱϮϬ ůůĞŵƉůŽLJĞĞďĞŶĞĨŝƚƐĂƌĞĂůůŽĐĂƚĞĚƚŽƚŚĞĚŝĨĨĞƌĞŶƚĐŽƐƚĐĞŶƚĞƌƐϭϱϮϭ ^LJƐƚĞŵĐĂŶĂĐĐŽŵŵŽĚĂƚĞƚŚĞĂůůŽĐĂƚŝŽŶŽĨďĞŶĞĨŝƚĐŽƐƚƚŽŐƌĂŶƚƐ;ŝĨĂůůŽǁĞĚďLJƚŚĞŐƌĂŶƚŽƌͿϭϱϮϮ ^LJƐƚĞŵŚĂŶĚůĞƐĚĞĚƵĐƚŝŽŶƐŽĨŽĨĨĐLJĐůĞƉĂLJ;ŽŶĚĞŵĂŶĚͿϭϱϮϰ ^LJƐƚĞŵƚƌĂĐŬƐĞĨĨĞĐƚŝǀĞĚĂƚŝŶŐ;ŝ͘Ğ͕͘ƐƚĂƌƚĂŶĚƐƚŽƉĚĂƚĞƐĨŽƌďĞŶĞĨŝƚĚĞĚƵĐƚŝŽŶƐͿϭϱϮϱ ^LJƐƚĞŵƚƌĂĐŬƐůŝŵŝƚƚŽĚĞĚƵĐƚŝŽŶƐďLJLJĞĂƌϭϱϮϲ ^LJƐƚĞŵƚŽĂůůŽǁĐŽŶƚƌŝďƵƚŝŽŶĐĂƉƐ;Ğ͘Ő͕͘DĞĚŝĐĂƌĞ͕ƉĞŶƐŝŽŶͿϭϱϮϳ ^LJƐƚĞŵǁŝůůƉƌŽǀŝĚĞŝŶǀŽŝĐĞƚŽĞŵƉůŽLJĞĞƐǁŝƚŚĚĞĚƵĐƚŝŽŶƐĂŶĚŐĂƌŶŝƐŚŵĞŶƚƐŐƌĞĂƚĞƌƚŚĂŶĐŽŵƉĞŶƐĂƚŝŽŶϭϱϮϴ ^LJƐƚĞŵǁŝůůĂůĞƌƚĂŶĚƚƌĂĐŬĨŽƌĞŵƉůŽLJĞĞƐǁŝƚŚŶĞƚƉĂLJůĞƐƐƚŚĂŶďĞŶĞĨŝƚĚĞĚƵĐƚŝŽŶƐϭϱϮϵ ^LJƐƚĞŵƉƌŝŽƌŝƚŝnjĞƐĚĞĚƵĐƚŝŽŶƐĂŶĚŐĂƌŶŝƐŚŵĞŶƚƐϭϱϯϬ ^LJƐƚĞŵĂůůŽǁƐƵƐĞƌƐƚŽƵƉůŽĂĚŐĂƌŶŝƐŚŵĞŶƚĂŶĚĚĞĚƵĐƚŝŽŶƐŝŶĨŽƚŽǀĞŶĚŽƌƐŝƚĞĨŽƌĐŚŝůĚƐƵƉƉŽƌƚ͕ĞƚĐ͘ϭϱϯϭ ^LJƐƚĞŵŝŶƚĞŐƌĂƚĞƐƚŽĂĐĐŽƵŶƚƐƉĂLJĂďůĞĂŶĚŐĞŶĞƌĂƚĞƐĐŚĞĐŬƐĨŽƌĚĞĚƵĐƚŝŽŶƐ;ƚŽƉĂLJĂŵŽƵŶƚĚĞĚƵĐƚĞĚƚŽƉƌŽǀŝĚĞƌͬǀĞŶĚŽƌͿϭϱϯϮ ^LJƐƚĞŵƌĞĐŽƌĚƐŐĂƌŶŝƐŚŵĞŶƚƐŽŶĞŵƉůŽLJĞĞĂŶĚĐĂŶĂĐĐŽŵŵŽĚĂƚĞŵƵůƚŝƉůĞŐĂƌŶŝƐŚŵĞŶƚƐǁŝƚŚƉƌŝŽƌŝƚLJŽƌĚĞƌϭϱϯϵ ^LJƐƚĞŵĐĂůĐƵůĂƚĞƐŐĂƌŶŝƐŚŵĞŶƚƐĂƐĨůĂƚĂŵŽƵŶƚƐϭϱϰϬ ^LJƐƚĞŵĐĂůĐƵůĂƚĞƐŐĂƌŶŝƐŚŵĞŶƚƐĂƐƉĞƌĐĞŶƚĂŐĞŽĨĚŝƐƉŽƐĂďůĞŝŶĐŽŵĞϭϱϰϮ 'ĂƌŶŝƐŚŵĞŶƚƐǁŝƚŚŚĞůĚĂŶĚƉĂŝĚƚŽĂƉƉƌŽƉƌŝĂƚĞĂŐĞŶĐLJͬŽƌŐĂŶŝnjĂƚŝŽŶƚŚƌŽƵŐŚĂĐĐŽƵŶƚƐƉĂLJĂďůĞ;ŝŶƚĞŐƌĂƚŝŽŶďĞƚǁĞĞŶŐĂƌŶŝƐŚŵĞŶƚĂŶĚĂĐĐŽƵŶƚƐƉĂLJĂďůĞͿϭϱϰϯ ^LJƐƚĞŵƐƵƉƉŽƌƚƐƌĂƚĞƐĨŽƌƐƉĞĐŝĂůƉĂLJƐ͕ƐŚŝĨƚĚŝĨĨĞƌĞŶƚŝĂůƐ͕ĂŶĚŽƚŚĞƌĂĚĚͲƚŽͲƉĂLJƐĂƐĨůĂƚƌĂƚĞϭϱϰϰ ^LJƐƚĞŵƐƵƉƉŽƌƚƐƌĂƚĞƐĨŽƌƐƉĞĐŝĂůƉĂLJƐ͕ƐŚŝĨƚĚŝĨĨĞƌĞŶƚŝĂůƐ͕ĂŶĚŽƚŚĞƌĂĚĚͲƚŽͲƉĂLJƐĂƐƉĞƌĐĞŶƚĂŐĞŽĨƉĂLJϭϱϰϱ ^ƉĞĐŝĂůƉĂLJͬĂĚĚͲƚŽͲƉĂLJŝƐĐĂůĐƵůĂƚĞĚĂƐĨůĂƚĂŵŽƵŶƚϭϱϰϳ ^ƉĞĐŝĂůƉĂLJͬĂĚĚͲƚŽƉĂLJŝƐĐĂůĐƵůĂƚĞĚĂƐƉĞƌĐĞŶƚĂŐĞŽĨĞůŝŐŝďůĞƉĂLJ;ŝĚĞŶƚŝĨLJĞůŝŐŝďůĞƉĂLJĨŽƌĞĂĐŚƐƉĞĐŝĂůƉĂLJďLJƉĂLJĐŽĚĞͿϭϱϰϴ ^LJƐƚĞŵĂƵƚŽŵĂƚŝĐĂůůLJĂƉƉůŝĞƐƚĂdžĂƚŝŽŶƚŽĞŵƉůŽLJĞĞƐƌĞĐĞŝǀŝŶŐŶŽŶͲĐĂƐŚďĞŶĞĨŝƚƐ;ŐLJŵŵĞŵďĞƌƐŚŝƉ͕ĐŝƚLJĐĂƌ͕ŐŝĨƚĐĂƌĚƐ͕ĞƚĐ͘Ϳϭϱϰϵ ^LJƐƚĞŵŝĚĞŶƚŝĨŝĞƐƉĞŶƐŝŽŶĂďůĞĞĂƌŶŝŶŐƐǀƐ͘ŶŽŶͲƉĞŶƐŝŽŶĂďůĞĞĂƌŶŝŶŐƐϭϱϱϬ ^LJƐƚĞŵĐĂůĐƵůĂƚĞƐůŽŶŐĞǀŝƚLJƉĂLJϭϱϱϭ ^LJƐƚĞŵĐĂůĐƵůĂƚĞƐůŽŶŐĞǀŝƚLJƉĂLJŝŶŽǀĞƌƚŝŵĞƉĂLJϭϱϱϯ ^LJƐƚĞŵŝƐĂďůĞƚŽĂĚũƵƐƚĂĐĐƌƵĂůƌĂƚĞĂŶĚĂĐĐƌƵĂůďĂůĂŶĐĞƐďĂƐĞĚŽŶĂƐĐŚĞĚƵůĞĐŚĂŶŐĞ͕ǁŚŝĐŚŝƐƚŝĞĚƚŽĂƉŽƐŝƚŝŽŶĐŚĂŶŐĞŽƌƉĞƌƐŽŶŶĞůĂĐƚŝŽŶϭϱϱϰ ^LJƐƚĞŵĐĂŶĐŽŶǀĞƌƚĂĐĐƌƵĂůďĂůĂŶĐĞĨƌŽŵƉƌĞǀŝŽƵƐƉŽƐŝƚŝŽŶƚŽŶĞǁƉŽƐŝƚŝŽŶďĂƐĞĚŽŶǁŽƌŬǁĞĞŬϭϱϱϱ ^LJƐƚĞŵƚƌĂĐŬƐůĞĂǀĞĂĐĐƌƵĂůƐĨŽƌƉĂƌƚͲƚŝŵĞďĞŶĞĨŝƚĞĚĞŵƉůŽLJĞĞƐϭϱϱϲ >ĞĂǀĞĂĐĐƌƵĂůƐĐĂŶďĞĚŝĨĨĞƌĞŶƚĨŽƌĞŵƉůŽLJĞĞƐǁŝƚŚĚŝĨĨĞƌĞŶƚLJĞĂƌƐŽĨƐĞƌǀŝĐĞϭϱϱϳ ^LJƐƚĞŵĂĐĐƌƵĞƐůĞĂǀĞĨŽƌĞŵƉůŽLJĞĞƐĚŝĨĨĞƌĞŶƚůLJďĂƐĞĚŽŶƚŚĞŝƌǁŽƌŬƐĐŚĞĚƵůĞ;ϰϬͲŚŽƵƌ͕ϰϮͲŚŽƵƌ͕ϰϮ͘ϱͲŚŽƵƌ͕ϰϮ͘ϴϴͲŚŽƵƌ͕ŽƌϱϲͲŚŽƵƌƐĐŚĞĚƵůĞͿϭϱϱϴ ^LJƐƚĞŵƉƌĞǀĞŶƚƐĞŵƉůŽLJĞĞƐĨƌŽŵĞĂƌŶŝŶŐůĞĂǀĞǁŚĞŶŽŶĂŶƵŶƉĂŝĚƐƚĂƚƵƐĨŽƌƚŚĞĨƵůůƉĂLJƉĞƌŝŽĚϭϱϱϵ ^LJƐƚĞŵĂůůŽǁƐĐĞƌƚĂŝŶůĞĂǀĞƚLJƉĞƐƚŽƌŽůůŽǀĞƌĂĨƚĞƌĂŶĞŵƉůŽLJĞĞƌĞĂĐŚĞƐyLJĞĂƌƐŽĨƐĞƌǀŝĐĞƐ;ŵĂdžŝŵƵŵĂĐĐƌƵĂůƐďLJůĞĂǀĞƚLJƉĞĚŝĨĨĞƌƐďĂƐĞĚŽŶLJĞĂƌƐŽĨƐĞƌǀŝĐĞͿϭϱϲϬ >ĞĂǀĞďĂůĂŶĐĞƐĐĂŶďĞƐĞƚƚŽƌŽůůŽǀĞƌĚĞƉĞŶĚŝŶŐŽŶůĞĂǀĞƚLJƉĞĂƚĞŶĚŽĨĐĂůĞŶĚĂƌLJĞĂƌϭϱϲϭ ^LJƐƚĞŵŚĂƐƚŚĞĂďŝůŝƚLJƚŽĐŽŶǀĞƌƚůĞĂǀĞĨƌŽŵŽŶĞƚLJƉĞŽĨůĞĂǀĞƚŽĂŶŽƚŚĞƌ;ŝ͘Ğ͕͘ĐŽŶǀĞƌƚƐŝĐŬͲůĞĂǀĞƚŝŵĞƚŽǀĂĐĂƚŝŽŶͿǁŝƚŚĂƉƉƌŽǀĂůϭϱϲϮ ĂůĂŶĐĞƐĐĂŶďĞĐĂƉƉĞĚĂƚŵĂdžŝŵƵŵĂŵŽƵŶƚĂƚĂŶLJƚŝŵĞϭϱϲϯ ĂůĂŶĐĞƐĐĂŶďĞĐĂƉƉĞĚĂƚŵĂdžŝŵƵŵĂŵŽƵŶƚĂƚĂŶŶŝǀĞƌƐĂƌLJĚĂƚĞϭϱϲϰ ĂůĂŶĐĞƐĐĂŶďĞĐĂƉƉĞĚĂƚŵĂdžŝŵƵŵĂŵŽƵŶƚŽŶƐƉĞĐŝĨŝĞĚĚĂƚĞϭϱϲϱ ĂůĂŶĐĞƐĐĂŶďĞĐĂƉƉĞĚĂƚŵĂdžŝŵƵŵĂŵŽƵŶƚĂƚĞŶĚŽĨĐĂůĞŶĚĂƌLJĞĂƌϭϱϲϲ ĂůĂŶĐĞƐĐĂŶďĞĐĂƉƉĞĚĂƚĨŝdžĞĚĂŵŽƵŶƚϭϱϲϳ ůůůĞĂǀĞďĂůĂŶĐĞƐĂƌĞƉƌŝŶƚĞĚŽŶƉĂLJƐƚƵďϭϱϲϴ ^LJƐƚĞŵƚƌĂĐŬƐ&D>ůĞĂǀĞϭϱϲϵ ^LJƐƚĞŵƚƌĂĐŬƐ&D>ůĞĂǀĞƚĂŬĞŶŽŶƌŽůůŝŶŐϭϮŵŽŶƚŚĐĂůĞŶĚĂƌϭϱϳϬ ^LJƐƚĞŵĂĐĐŽŵŵŽĚĂƚĞƐďĂĐŬǁĂƌĚƌŽůůŝŶŐĐĂůĞŶĚĂƌƐϭϱϳϭ ^LJƐƚĞŵƚƌĂĐŬƐŵƵůƚŝƉůĞůĞĂǀĞƉĞƌŝŽĚƐ;ŵƵůƚŝƉůĞ&D>ƉĞƌŝŽĚƐǁŝƚŚŝŶƌŽůůŝŶŐĐĂůĞŶĚĂƌͿϭϱϳϮ ^LJƐƚĞŵĂůůŽǁƐĞŵƉůŽLJĞĞƐƚŽƚĂŬĞ&D>ůĞĂǀĞĂŶĚƐŝĐŬůĞĂǀĞ;ŽƌŽƚŚĞƌůĞĂǀĞƚLJƉĞͿĂƚƚŚĞƐĂŵĞƚŝŵĞϭϱϳϯ ^LJƐƚĞŵƉƌŽǀŝĚĞƐǁŽƌŬĨůŽǁĨŽƌŶŽƚŝĨŝĐĂƚŝŽŶĂŶĚĂƉƉƌŽǀĂůŽĨ&D>ůĞĂǀĞϭϱϳϰ ^LJƐƚĞŵƐƚŽƌĞƐŶŽƚĞƐŽŶ&D>ƌĞĐŽƌĚƐϭϱϳϱ ^LJƐƚĞŵƚƌĂĐŬƐůĞĂǀĞƚĂŬĞŶŝŶƚĞƌŵŝƚƚĞŶƚůLJ;ĞdžĂŵƉůĞ͗&D>ůĞĂǀĞƚĂŬĞŶĞǀĞƌLJŽƚŚĞƌĚĂLJŽĨůĞĂǀĞƉĞƌŝŽĚͿϭϱϳϳ ŵƉůŽLJĞĞŶŽƚŝĨŝĐĂƚŝŽŶŽĨǁŚĞŶƚŚĞLJĂƌĞƌĞĂĐŚŝŶŐƚŚĞŝƌĂĐĐƌƵĂůĐĂƉďĞĨŽƌĞƚŚĞLJƌĞĂĐŚŝƚ͘ϭϱϳϴ ^LJƐƚĞŵĐĂƉƐĂĐĐƌƵĞĚǀĂĐĂƚŝŽŶƉĂLJŽƵƚďĂƐĞĚŽŶǁŽƌŬŚŽƵƌƐƉĞƌLJĞĂƌϭϱϳϵ ďŝůŝƚLJƚŽĚŽŶĂƚĞŚŽƵƌƐ;ǀĂĐĂƚŝŽŶ͍ͿϭϱϴϬ WĂLJƌŽůůƉƌŽĐĞƐƐĞƐďŝͲǁĞĞŬůLJϭϱϴϰ WĂLJƌŽůůƉƌŽĐĞƐƐĞƐƐĞŵŝͲŵŽŶƚŚůLJϭϱϴϱ ^LJƐƚĞŵǁŝůůƌƵŶƉĂLJ͕ĚĞĚƵĐƚŝŽŶ͕ǁŝƚŚŚĞůĚƚĂdžĞƐ͕ĂŶĚŶĞƚƉĂLJĐĂůĐƵůĂƚŝŽŶƐĂƐĂΗƉƌŽŽĨΗƌƵŶĨŽƌƌĞǀŝĞǁƉƌŝŽƌƚŽĨŝŶĂůƉĂLJƌƵŶ͕ĂŶĚĨůĂŐĞdžĐĞƉƚŝŽŶƐϭϱϴϴ ^LJƐƚĞŵǁŝůůĐƵƚƐƉĞĐŝĂůŽƌŝŵŵĞĚŝĂƚĞ;ŽŶͲĚĞŵĂŶĚͿĐŚĞĐŬƐͬ,ͬǁŝƌĞƐ;ǁŝƚŚĂƉƉƌŽƉƌŝĂƚĞƐĞĐƵƌŝƚLJĐŽŶƚƌŽůƐͿϭϱϴϵ ^LJƐƚĞŵĂůůŽǁƐƉŽƐƚŝŶŐŶĞǁĂĚũƵƐƚŵĞŶƚƐͬĐŽƌƌĞĐƚŝŽŶƐĨŽƌĂƉƌŝŽƌƉĞƌŝŽĚĨŽƌƚĂdžƌĞƉŽƌƚŝŶŐϭϱϵϬ ^LJƐƚĞŵĐƌĞĂƚĞƐĂƵƚŽŵĂƚŝĐũŽƵƌŶĂůĞŶƚƌŝĞƐƌĞůĂƚĞĚƚŽƉĞŶƐŝŽŶ͕ŚĞĂůƚŚĐĂƌĞ͕ĞƚĐ͘ŽŶĞĂĐŚƉĂLJƌŽůůƌƵŶϭϱϵϭ ^LJƐƚĞŵƉƌŽĚƵĐĞƐĂĐĐŽƵŶƚƐƉĂLJĂďůĞŝŶǀŽŝĐĞƐ;ŝ͘Ğ͕͘ďĞŶĞĨŝƚƉƌŽǀŝĚĞƌƐ͕ĐŚŝůĚƐƵƉƉŽƌƚƉĂLJŵĞŶƚ͕ƵŶŝŽŶĚƵĞƐͿϭϱϵϮ ^LJƐƚĞŵĂƵƚŽŵĂƚŝĐĂůůLJƉƌŽĚƵĐĞƐƉŽƐŝƚŝǀĞͲƉĂLJͬƉĂLJĞĞƉŽƐŝƚŝǀĞĨŝůĞĨŽƌƚŚĞďĂŶŬĂŶĚ,ĨŝůĞϭϱϵϯ ^LJƐƚĞŵŐĞŶĞƌĂƚĞƐƉĞŶƐŝŽŶĞĂƌŶŝŶŐƐĂŶĚĚĞĚƵĐƚŝŽŶƐƌĞƉŽƌƚϭϱϵϰ ^LJƐƚĞŵŐĞŶĞƌĂƚĞƐ^hdĞĂƌŶŝŶŐƐĂŶĚĚĞĚƵĐƚŝŽŶƐƌĞƉŽƌƚϭϱϵϱ ŶLJƉĂLJƌŽůůƌĞƉŽƌƚŝŶŐƌĞƋƵŝƌĞĚďLJƐƚĂƚĞĂŶĚĨĞĚĞƌĂůŐŽǀĞƌŶŵĞŶƚϭϱϵϲ ZĞƚƌŽƉĂLJĐĂůĐƵůĂƚŝŽŶƵƐĞĚƚŽďĂĐŬĚĂƚĞĂŶĚĐŽƌƌĞĐƚĨŽƌƉĞƌƐŽŶŶĞůĂĐƚŝŽŶƐϭϱϵϳ ZĞƚƌŽƉĂLJĐĂůĐƵůĂƚŝŽŶƵƐĞĚƚŽďĂĐŬĚĂƚĞĂŶĚĐŽƌƌĞĐƚĨŽƌĐŽƌƌĞĐƚŝŽŶƐƚŽĞƌƌŽƌƐϭϱϵϴ ZĞƚƌŽƉĂLJĐĂůĐƵůĂƚŝŽŶƵƐĞĚƚŽďĂĐŬĚĂƚĞĂŶĚĐŽƌƌĞĐƚĨŽƌĐŚĂŶŐĞƐƚŽƚŝŵĞƐŚĞĞƚϭϱϵϵ ZĞƚƌŽƉĂLJĐĂůĐƵůĂƚŝŽŶƵƐĞĚƚŽďĂĐŬĚĂƚĞĂŶĚĐŽƌƌĞĐƚĨŽƌďĂĐŬƉĂLJϭϲϬϬ ZĞƚƌŽƉĂLJǁŝůůĂƵƚŽŵĂƚŝĐĂůůLJĐŽƌƌĞĐƚƐĂůĂƌLJĂŵŽƵŶƚƐϭϲϬϭ ZĞƚƌŽƉĂLJǁŝůůĂƵƚŽŵĂƚŝĐĂůůLJĐŽƌƌĞĐƚƚĂdžĚĞĚƵĐƚŝŽŶƐ;ĂĚĚŝƚŝŽŶĂůŝŶĐŽŵĞƚĂdžǁŝƚŚŚĞůĚͿϭϲϬϮ ZĞƚƌŽƉĂLJǁŝůůĂƵƚŽŵĂƚŝĐĂůůLJĐŽƌƌĞĐƚďĞŶĞĨŝƚĚĞĚƵĐƚŝŽŶƐϭϲϬϯ ZĞƚƌŽƉĂLJǁŝůůĂƵƚŽŵĂƚŝĐĂůůLJĐŽƌƌĞĐƚŐĂƌŶŝƐŚŵĞŶƚƐϭϲϬϰ ZĞƚƌŽƉĂLJǁŝůůĂƵƚŽŵĂƚŝĐĂůůLJĐŽƌƌĞĐƚ&>^ĐĂůĐƵůĂƚŝŽŶƐ;ŽǀĞƌƚŝŵĞͿϭϲϬϱ ^LJƐƚĞŵǁŝůůƌĞƚĂŝŶƉƌĞǀŝŽƵƐƐĂůĂƌLJĂŶĚŚŽƵƌƐĂŶĚĚĂLJƐǁŽƌŬĞĚĚĂƚĂĂŶĚĞĨĨĞĐƚŝǀĞĚĂƚĞƐĨŽƌƵƐĞǁŚĞŶĐĂůĐƵůĂƚŝŶŐƌĞƚƌŽĂĐƚŝǀĞƉĂLJĂĚũƵƐƚŵĞŶƚƐϭϲϬϲ ZĞƚƌŽƉĂLJǁŝůůĂƵƚŽŵĂƚŝĐĂůůLJĐŽƌƌĞĐƚůĞĂǀĞďĂůĂŶĐĞƐϭϲϬϳ ^LJƐƚĞŵƐƵƉƉŽƌƚƐƉŽƐŝƚŝǀĞƉĂLJĨŽƌƉĂLJƌŽůůĐŚĞĐŬƐϭϲϬϵ ^LJƐƚĞŵƐƵƉƉŽƌƚĚŝƌĞĐƚĚĞƉŽƐŝƚĨŽƌƉĂLJƌŽůůϭϲϭϬ ^LJƐƚĞŵƉƌŽǀŝĚĞƐƐĞƚƵƉƚŽƉƌŽǀŝĚĞĚŝƌĞĐƚĚĞƉŽƐŝƚƚŽŵƵůƚŝƉůĞďĂŶŬĂĐĐŽƵŶƚƐďĂƐĞĚŽŶĂŵŽƵŶƚĂŶĚƉĞƌĐĞŶƚĂŐĞϭϲϭϭ ^LJƐƚĞŵƉƌŽĚƵĐĞƐĞůĞĐƚƌŽŶŝĐĨŝůĞƐƚŽƐĞŶĚƚŽďĂŶŬĨŽƌĚŝƌĞĐƚĚĞƉŽƐŝƚϭϲϭϮ ^LJƐƚĞŵƉƌŽĚƵĐĞƐĞůĞĐƚƌŽŶŝĐĨŝůĞƚŽŵƵůƚŝƉůĞďĂŶŬƐĨŽƌĚŝƌĞĐƚĚĞƉŽƐŝƚϭϲϭϯ ^LJƐƚĞŵĂůůŽǁƐďƌŽĂĚĐĂƐƚŵĞƐƐĂŐĞƐǁŚŝĐŚĂƉƉĞĂƌƐŽŶĐŚĞĐŬƐƚƵďƐĨŽƌĂĚĞĨŝŶĞĚŐƌŽƵƉϭϲϭϰ 'ĞŶĞƌĂƚĞƉĞŶƐŝŽŶƌĞƉŽƌƚǁŝƚŚŐƌŽƐƐĂŵŽƵŶƚďLJĞŵƉůŽLJĞĞϭϲϭϱ 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/ŶǀĞŶƚŽƌLJĐĂŶďĞĞŶƚĞƌĞĚŵĂŶƵĂůůLJŽƌŝŵƉŽƌƚĞĚĨƌŽŵŽƚŚĞƌĂƉƉůŝĐĂƚŝŽŶƐ͕ĂŶĚŽƌŝŶƚĞŐƌĂƚĞĚǁŝƚŚŽƚŚĞƌǁĂƌĞŚŽƵƐĞŵĂŶĂŐĞŵĞŶƚƐLJƐƚĞŵƐ;ŝ͘Ğ͕͘ĚŝƌĞĐƚŝŶƚĞŐƌĂƚŝŽŶ͕W/͕ĞƚĐ͘ͿϭϳϬϳ ^LJƐƚĞŵĂůůŽĐĂƚĞƐƉƵƌĐŚĂƐĞƐĂŶĚƐƚŽĐŬƚŽƚŚĞĨŽůůŽǁŝŶŐ͗ϭϳϬϴ ŚĂƌƚŽĨĂĐĐŽƵŶƚĚŝƐƚƌŝďƵƚŝŽŶϭϳϬϵ tĂƌĞŚŽƵƐĞƐϭϳϭϬ ^LJƐƚĞŵĂƵƚŽŵĂƚŝĐĂůůLJƵƉĚĂƚĞƐŝŶǀĞŶƚŽƌLJŽŶͲŽƌĚĞƌŝŶĨŽƌŵĂƚŝŽŶĂƚƚŚĞƚŝŵĞƚŚĂƚĂƌĞĐĞŝǀŝŶŐƌĞƉŽƌƚŝƐƉƌŽĐĞƐƐĞĚϭϳϭϭ dƌĂĐŬĚŽŶĂƚĞĚŝƚĞŵƐŽƌŽƚŚĞƌŝƚĞŵƐŶŽƚĨƌŽŵƉƵƌĐŚĂƐŝŶŐƐLJƐƚĞŵϭϳϭϯ ďŝůŝƚLJƚŽŝŶĐƌĞĂƐĞŝŶǀĞŶƚŽƌLJůĞǀĞůƐŝŶĂŶĂƉƉƌŽƉƌŝĂƚĞǁĂƌĞŚŽƵƐĞͬƐƚŽƌĂŐĞůŽĐĂƚŝŽŶĞǀĞƌLJƚŝŵĞĂWKŝƚĞŵŝƐƌĞĐĞŝǀĞĚ͘hƉŽŶ'ŽŽĚƐZĞĐĞŝƉƚƌĞǀĞƌƐĂů͕ĂŶŝŶǀĞŶƚŽƌLJƐŚŽƵůĚďĞĚĞĐƌĞĂƐĞĚĂŶĚƐƚŽĐŬŽŶŚĂŶĚƌĞĨ ůĞĐƚĞĚĂĐĐŽƌĚŝŶŐůLJϭϳϭϰ WƌŽǀŝĚĞǀŝƐŝďŝůŝƚLJƚŽŵĂƚĞƌŝĂůƐͬƋƚLJŽŶŽƌĚĞƌ;ƌĞƉůĞŶŝƐŚŵĞŶƚƐͿ͘ŚĂŶŐĞƚŚĞŝƌƋƚLJĨƌŽŵΖŽŶŽƌĚĞƌΖƐƚĂƚƵƐƚŽΖƌĞĐĞŝǀĞĚΖƵƉŽŶŐŽŽĚƌĞĐĞŝƉƚ͘ϭϳϭϱ ďŝůŝƚLJƚŽƉƌŽĐĞƐƐŝŶǀĞŶƚŽƌLJŝƚĞŵƐĨŽƌƌĞƚƵƌŶƚŽǀĞŶĚŽƌ͕ƐĐƌĂƉ͕ĞƚĐ͘ϭϳϭϲ hƉŽŶƌĞĐĞŝƉƚŽĨŐŽŽĚƐƚŚĞƐLJƐƚĞŵĐĂŶƌĞƋƵŝƌĞĐĞƌƚĂŝŶĚĂƚĂƚŽďĞĨŝůůĞĚŝŶ;ŝ͘Ğ͕͘ƋƚLJƌĞĐĞŝǀĞĚ͕ĚĂƚĞͬƚŝŵĞͿ͕ŽƌďĂƐĞĚƵƉŽŶƵƐĞƌĚĞĨŝŶĞĚƉĂƌĂŵĞƚĞƌƐϭϳϭϳ tŚĞŶ/ŶǀĞŶƚŽƌLJŝƐƌĞĐĞŝǀĞĚĂŶŽƚŝĨŝĐĂƚŝŽŶƐŚŽƵůĚďĞƐĞŶƚƚŽƚŚĞƌĞƋƵĞƐƚŽƌŽĨƚŚĞƌĞĐĞŝƉƚŽĨŝƚĞŵƐ͘ϭϳϭϴ tŚĞŶŵĂƚĞƌŝĂůƐĂƌĞƌĞĐĞŝǀĞĚƵƉĚĂƚĞƚŚĞƐƚĂƚƵƐŽĨĂƐƐŽĐŝĂƚĞĚǁŽƌŬŽƌĚĞƌƚŽƉĂƌƚŝĂůŽƌĂůůŵĂƚĞƌŝĂůƌĞĐĞŝǀĞĚ͘ϭϳϭϵ ^LJƐƚĞŵƌĞƋƵŝƌĞƐƌĞƐƚƌŝĐƚĞĚƵƐĞŝƚĞŵƐƚŽŚĂǀĞƵƐĞƌƐƉĞĐŝĨŝĞĚĂƉƉƌŽǀĂůƐďĞĨŽƌĞŝŶǀĞŶƚŽƌLJĐĂŶďĞƌĞůĞĂƐĞĚ;ŝ͘Ğ͘ĐŽŶƚƌŽůůĞĚĚƌƵŐƐƵƐĞĚďLJ,ĞĂůƚŚĞƉĂƌƚŵĞŶƚͿϭϳϮϬ ^LJƐƚĞŵƌĞƐĞƌǀĞƐƐƚŽĐŬŝƚĞŵƐĨŽƌƐƉĞĐŝĨŝĐƉƌŽũĞĐƚƐŽƌǁŽƌŬŽƌĚĞƌƐϭϳϮϭ ^LJƐƚĞŵƌĞƐĞƌǀĞƐƉĂƌƚƐĂŶĚƉƌĞǀĞŶƚƐŽƚŚĞƌƐĨƌŽŵƵƐŝŶŐ͘;ĐƌŝƚŝĐĂůƐƚŽĐŬͿϭϳϮϮ ^LJƐƚĞŵƉƌŽĐĞƐƐĞƐƉĂƌƚŝĂůƉŝĐŬͬŝƐƐƵĞƚŝĐŬĞƚƐŽĨƌĞƐĞƌǀĞĚŝƚĞŵƐǁŚŝůĞŬĞĞƉŝŶŐƚŚĞƌĞŵĂŝŶŝŶŐďĂůĂŶĐĞŽĨŝƚĞŵƐŽŶƌĞƐĞƌǀĞϭϳϮϯ ^LJƐƚĞŵŐĞŶĞƌĂƚĞƐƚƌŝƉͬĚĞůŝǀĞƌLJƚŝĐŬĞƚƐϭϳϮϰ ďŝůŝƚLJƚŽĐƵƐƚŽŵŝnjĞƉŝĐŬĂŶĚƐŚŝƉƚŝĐŬĞƚƐϭϳϮϱ ^LJƐƚĞŵĐĂŶďƵŶĚůĞŝƚĞŵƐŝŶƚŽΗĐĂƌƚƐΗŽƌΗŬŝƚƐΗ;ĐĂƌƚŽƌŬŝƚĐŽŶƐŝƐƚƐŽĨŝƚĞŵƐǁŚŝĐŚĂƌĞĂůǁĂLJƐŽƌĚĞƌĞĚƚŽŐĞƚŚĞƌͲ&ŽƌĞdžĂŵƉůĞ͗ĂůůƐƵƉƉůŝĞƐŶĞĞĚĞĚĨŽƌĂŶŽŝůĐŚĂŶŐĞͿϭϳϮϲ ^LJƐƚĞŵĐĂŶƉůĂĐĞĂĐĂƉŽŶƚŚĞƋƵĂŶƚŝƚLJŽĨĂŶŝƚĞŵƚŚĂƚĐĂŶďĞŝƐƐƵĞĚƚŽĂƌĞƋƵĞƐƚŽƌĚƵƌŝŶŐĂƐƉĞĐŝĨŝĞĚƚŝŵĞƉĞƌŝŽĚϭϳϮϳ ZĞͲŽƌĚĞƌƋƵĂŶƚŝƚŝĞƐĚŽŶŽƚŝŶĐůƵĚĞƌĞƐĞƌǀĞĚƉĂƌƚƐϭϳϮϴ ^LJƐƚĞŵƚƌĂĐŬƐŝƚĞŵƵƐĂŐĞϭϳϮϵ 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^LJƐƚĞŵĂůůŽǁƐĂƵĚŝƚůŽŐŽĨƉĞƌŝŽĚŝĐƐĞĐƵƌŝƚLJͰĂĐĐĞƐƐƌĞǀŝĞǁĂƚƚĞƐƚĂƚŝŽŶĨŽƌĞĂĐŚĞŵƉůŽLJĞĞ͘ϳϭ ^LJƐƚĞŵĐĂŶĂůůŽǁůŝŵŝƚĞĚĂĐĐĞƐƐĨŽƌƵƐĞƌƐŽƵƚƐŝĚĞŽĨƚŚĞŝƚLJΖƐƐŝŶŐůĞͲƐŝŐŶͲŽŶĐĂƉĂďŝůŝƚLJϳϮ tŽƌŬĨůŽǁĐĂŶďĞƌŽƵƚĞĚƚŽƵƐĞƌƐĨŽƌĂƉƉƌŽǀĂůϳϯ tŽƌŬĨůŽǁĐĂŶďĞƌŽƵƚĞĚƚŽƌŽůĞƐĨŽƌĂƉƉƌŽǀĂůϳϰ tŽƌŬĨůŽǁĐĂŶďĞƌŽƵƚĞĚƚŽĂƉŽƐŝƚŝŽŶĨŽƌĂƉƉƌŽǀĂů;ďLJĚĞƉĂƌƚŵĞŶƚŽƌĚŝǀŝƐŝŽŶͿϳϱ tŽƌŬĨůŽǁĐĂŶďĞƌŽƵƚĞĚƚŽƌĞƋƵĞƐƚŽƌΖƐƐƵƉĞƌǀŝƐŽƌϳϲ tŽƌŬĨůŽǁĂƉƉƌŽǀĂůĐĂŶďĞƐĞƋƵĞŶƚŝĂů;WĞƌƐŽŶĐĂŶΖƚĂƉƉƌŽǀĞďĞĨŽƌĞƉĞƌƐŽŶͿϳϳ tŽƌŬĨůŽǁĂƉƉƌŽǀĂůĐĂŶďĞĐŽŶĐƵƌƌĞŶƚ;WĞƌƐŽŶĂŶĚƉĞƌƐŽŶĐĂŶĂƉƉƌŽǀĞĂƚƚŚĞƐĂŵĞƚŝŵĞͲĂƉƉƌŽǀĂůĨƌŽŵďŽƚŚƌĞƋƵŝƌĞĚͿϳϴ tŽƌŬĨůŽǁĂƉƉƌŽǀĂůĐĂŶďĞŐƌŽƵƉĂƉƉƌŽǀĂů;ƉƉƌŽǀĂůƌĞƋƵŝƌĞĚĨƌŽŵƉĞƌƐŽŶŽƌƉĞƌƐŽŶŽƌĂŶLJŽŶĞǁŝƚŚƐŝŵŝůĂƌƌŽůĞͿϳϵ ^LJƐƚĞŵǁŝůůƌĞŵŽǀĞƚĂƐŬƐĨƌŽŵ;WĞƌƐŽŶ͛ƐͿƚĂƐŬůŝƐƚŝĨ;WĞƌƐŽŶͿĐŽŵƉůĞƚĞƐƚŚĞƚĂƐŬϴϬ tŽƌŬĨůŽǁĂƉƉƌŽǀĂůƉƌŽĐĞƐƐĐĂŶŝŶĐůƵĚĞďŽƚŚƌĞǀŝĞǁĞƌĂŶĚĂƉƉƌŽǀĞƌϴϭ ƉƉƌŽǀĞƌŶŽƚŝĨŝĞĚŽĨǁŽƌŬĨůŽǁŝƚĞŵƐƚŚƌŽƵŐŚĞŵĂŝůϴϮ ƌĞƚŚĞƌĞŽƚŚĞƌƚLJƉĞƐŽĨŶŽƚŝĨŝĐĂƚŝŽŶƐƐƵƉƉŽƌƚĞĚ;ďĞƐŝĚĞƐĞŵĂŝůͿ͕ŝĨƐŽ͕ƉůĞĂƐĞƐĚĞƐĐƌŝďĞŝŶƚŚĞĐŽŵŵĞŶƚƐƐĞĐƚŝŽŶϴϯ ƉƉƌŽǀĞƌŶŽƚŝĨŝĞĚŽĨǁŽƌŬĨůŽǁŝƚĞŵƐƚŚƌŽƵŐŚƐLJƐƚĞŵŶŽƚŝĨŝĐĂƚŝŽŶŽŶĚĂƐŚďŽĂƌĚϴϰ ƉƉƌŽǀĞƌĐĂŶĂƉƉƌŽǀĞǁŽƌŬĨůŽǁϴϱ ƉƉƌŽǀĞƌĐĂŶĚĞŶLJͬƌĞũĞĐƚǁŽƌŬĨůŽǁϴϲ ĞŶŝĞĚŽƌƌĞũĞĐƚĞĚǁŽƌŬĨůŽǁƐǁŝůůďĞƌŽƵƚĞĚƚŽŽƌŝŐŝŶĂƚŽƌϴϳ ƉƉƌŽǀĞƌĐĂŶƉůĂĐĞǁŽƌŬĨůŽǁŽŶŚŽůĚϴϴ ƉƉƌŽǀĞƌĐĂŶĨŽƌǁĂƌĚǁŽƌŬĨůŽǁĂƉƉƌŽǀĂů;/ĨƚŚĞĨŽƌǁĂƌĚŝŶŐŝƐǁŝƚŚŝŶƚŚĞĂƉƉƌŽǀĞĚƉĞƌŵŝƐƐŝŽŶƐƚƌƵĐƚƵƌĞͿϴϵ ƉƉƌŽǀĞƌĐĂŶĞŶƚĞƌŶŽƚĞƐŝŶƚŽĂƉƉƌŽǀĂůƉƌŽǀŝĚŝŶŐĞdžƉůĂŶĂƚŝŽŶŽĨƌĞƐƉŽŶƐĞϵϬ KƌŝŐŝŶĂůƌĞƋƵĞƐƚŽƌĐĂŶǀŝĞǁƐƚĂƚƵƐŽĨǁŽƌŬĨůŽǁĂƉƉƌŽǀĂůƉĂƚŚϵϭ hƐĞƌĐĂŶƌĞǀŝĞǁƋƵĞƵĞŽƌƐƚĂƚƵƐŽĨƉĞŶĚŝŶŐǁŽƌŬĨůŽǁƐϵϮ EŽƚŝĨŝĐĂƚŝŽŶƚŽƌĞƋƵĞƐƚŽƌǀŝĂĞŵĂŝůĂƐƌĞƋƵŝƐŝƚŝŽŶŵŽǀĞƐƚŚƌŽƵŐŚŵŝůĞƐƚŽŶĞƐϵϯ tŽƌŬĨůŽǁƌŽƵƚĞƐƚŽƐĞĐŽŶĚĂƌLJĂƉƉƌŽǀĞƌŝĨƉƌŝŵĂƌLJĂƉƉƌŽǀĞƌŝƐŽƵƚ;ĞdžĂŵƉůĞ͗ŽŶǀĂĐĂƚŝŽŶ͕ƐŝĐŬͿĂŶĚͬŽƌƉƌŝŵĂƌLJĂƉƉƌŽǀĞƌĚŽĞƐŶŽƚƌĞƐƉŽŶĚŝŶƉƌĞͲĚĞĨŝŶĞĚƉĞƌŝŽĚŽĨƚŝŵĞϵϰ /ĨĂŶĂƉƉƌŽǀĂůŝƐƌŽƵƚĞĚƚŽĂƐĞĐŽŶĚĂƌLJĂƉƉƌŽǀĞƌ͕ƚŚĞŽƌŝŐŝŶĂůĂƉƉƌŽǀĞƌĐĂŶƐĞĞƚŚĞƚĂƐŬƐƚŚĂƚǁĞƌĞƌĞƌŽƵƚĞĚŝŶĂŶĂƵĚŝƚůŽŐ͘ϵϱ ^LJƐƚĞŵĐƌĞĂƚĞƐĂƵĚŝƚůŽŐƚŚĂƚƚƌĂĐŬƐĐŚĂŶŐĞƐƚŽĞdžŝƐƚŝŶŐƌĞĐŽƌĚƐ͕ŶĞǁƌĞĐŽƌĚƐ͕ĂŶĚĚĞůĞƚŝŽŶƐŽĨƌĞĐŽƌĚƐϵϲ ƵĚŝƚůŽŐƚƌĂĐŬƐƵƐĞƌŵĂŬŝŶŐĐŚĂŶŐĞ͕ƚŝŵĞ͕ĚĂƚĞŽĨĐŚĂŶŐĞϵϳ ƵĚŝƚůŽŐƚƌĂĐŬƐŶĞǁǀĂůƵĞĂŶĚŽůĚǀĂůƵĞĨŽƌĐŚĂŶŐĞƐϵϴ 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dŚĞƐLJƐƚĞŵŚĂƐƚŚĞĂďŝůŝƚLJƚŽĂůůŽǁĂƵƐĞƌƚŽƐĐĂŶĚŽĐƵŵĞŶƚƐĚŝƌĞĐƚůLJŝŶƚŽƚŚĞƐLJƐƚĞŵϭϯϮ dŚĞƐLJƐƚĞŵŚĂƐƚŚĞĂďŝůŝƚLJƚŽůŝŶŬŝŵƉŽƌƚĞĚĚŽĐƵŵĞŶƚƐƚŽƐƉĞĐŝĨŝĐƌĞĐŽƌĚƐϭϯϱ dŚĞƐLJƐƚĞŵŚĂƐƚŚĞĂďŝůŝƚLJƚŽƵƐĞΗĚƌĂŐĂŶĚĚƌŽƉΗŽƌĨŝůĞƵƉůŽĂĚĨƵŶĐƚŝŽŶĂůŝƚLJƚŽĂƐƐŽĐŝĂƚĞĚŽĐƵŵĞŶƚƐƚŽƚƌĂŶƐĂĐƚŝŽŶƐǁŝƚŚŝŶƚŚĞƐLJƐƚĞŵϭϯϲ ^LJƐƚĞŵƉƌŽǀŝĚĞƐĐŚĂƌƚŽĨĂĐĐŽƵŶƚƐƚƌƵĐƚƵƌĞǁŝƚŚŵƵůƚŝƉůĞŝŶĚĞƉĞŶĚĞŶƚƐĞŐŵĞŶƚƐϭϰϰ ^LJƐƚĞŵƉƌŽǀŝĚĞƐĐŚĂƌƚŽĨĂĐĐŽƵŶƚƐƚƌƵĐƚƵƌĞƚŚĂƚĂĐĐŽŵŵŽĚĂƚĞƐƉƌŽũĞĐƚƚƌĂĐŬŝŶŐϭϰϱ ^LJƐƚĞŵƉƌŽǀŝĚĞƐĐŚĂƌƚŽĨĂĐĐŽƵŶƚƐƚƌƵĐƚƵƌĞƚŚĂƚĂĐĐŽŵŵŽĚĂƚĞƐŐƌĂŶƚƚƌĂĐŬŝŶŐϭϰϲ 'ĞŶĞƌĂů>ĞĚŐĞƌĂŶĚƉƌŽũĞĐƚůĞĚŐĞƌƐƵƉƉŽƌƚƐĂůƉŚĂŶƵŵĞƌŝĐĐŚĂƌƚŽĨĂĐĐŽƵŶƚƐĞŐŵĞŶƚƐϭϰϴ ^LJƐƚĞŵƐƵƉƉŽƌƚƐĂǀĂůŝĚĂƚŝŽŶƉƌŽĐĞƐƐŽĨƐĞŐŵĞŶƚĐŽŵďŝŶĂƚŝŽŶƐŽŶƐLJƐƚĞŵƚƌĂŶƐĂĐƚŝŽŶƐϭϰϵ 'ĞŶĞƌĂů>ĞĚŐĞƌ͕ƵĚŐĞƚ>ĞĚŐĞƌ͕ĂŶĚWƌŽũĞĐƚƐͬ'ƌĂŶƚƐ>ĞĚŐĞƌĨĞĞĚƚǁŽǁĂLJƐǁŝƚŚƌĞĂůƚŝŵĞŝŶĨŽƌŵĂƚŝŽŶϭϱϬ ^LJƐƚĞŵƐƵƉƉŽƌƚƐƐĞŐŵĞŶƚƐŝŶƚŚĞKĨŽƌΗWƌŽŐƌĂŵƐΗƚŚĂƚĐĂŶĞdžƚĞŶĚĂĐƌŽƐƐƚŚĞĞŶƚŝƌĞŽƌŐĂŶŝnjĂƚŝŽŶ;ĂƐŶĞĞĚĞĚͿϭϱϭ ^LJƐƚĞŵƉƌŽǀŝĚĞƐŐƌĂŶƚůĞĚŐĞƌƐĨŽƌƚƌĂĐŬŝŶŐŐƌĂŶƚƐϭϱϮ ^LJƐƚĞŵƉƌŽǀŝĚĞƐƉƌŽũĞĐƚůĞĚŐĞƌƐŽƌƐŝŵŝůĂƌĨŽƌƚƌĂĐŬŝŶŐƉƌŽũĞĐƚĚĞƚĂŝůƐϭϱϯ ^LJƐƚĞŵĐĂŶĚĞƐŝŐŶĂƚĞĂŶĂĐĐŽƵŶƚĂƐĂĐƚŝǀĞ;ĂǀĂŝůĂďůĞĨŽƌƉŽƐƚŝŶŐͿϭϱϱ ^LJƐƚĞŵĐĂŶĚĞƐŝŐŶĂƚĞĂŶĂĐĐŽƵŶƚĂƐĂĐƚŝǀĞ;ĂǀĂŝůĂďůĞĨŽƌďƵĚŐĞƚŝŶŐͿϭϱϲ ^LJƐƚĞŵĐĂŶĚĞƐŝŐŶĂƚĞĂŶĂĐĐŽƵŶƚĂƐŝŶĂĐƚŝǀĞ;ŶŽƚĂǀĂŝůĂďůĞĨŽƌƉŽƐƚŝŶŐĂŶĚďƵĚŐĞƚŝŶŐͿϭϱϳ ^LJƐƚĞŵŽŶůLJĂůůŽǁƐƚƌĂŶƐĂĐƚŝŽŶƐƚŽƉŽƐƚƚŽĂĐƚŝǀĞĂĐĐŽƵŶƚƐǁŝƚŚŝŶĂŶLJŽƉĞŶƉĞƌŝŽĚϭϱϴ ^LJƐƚĞŵƌĞƐƚƌŝĐƚƐĐĞƌƚĂŝŶƚLJƉĞƐŽĨĂĐƚŝǀŝƚLJĨƌŽŵƉŽƐƚŝŶŐƚŽĂĐĐŽƵŶƚƐ;ĨŽƌĞdžĂŵƉůĞ͗ĐĂŶΖƚƵƐĞWKĂŐĂŝŶƐƚƐĂůĂƌLJĂĐĐŽƵŶƚͿϭϱϵ ^LJƐƚĞŵƉƌĞǀĞŶƚƐĂĐĐŽƵŶƚƐĨƌŽŵďĞŝŶŐĚĞůĞƚĞĚŝĨĂŶLJĂĐƚŝǀŝƚLJŝƐƉŽƐƚĞĚƚŽƚŚĞŵϭϲϬ ^LJƐƚĞŵƐƵƉƉŽƌƚƐĂĚĞƉĂƌƚŵĞŶƚƌĞƋƵĞƐƚƉƌŽĐĞƐƐĨŽƌƌĞƋƵĞƐƚĞĚĐŚĂŶŐĞƐͬĂĚĚŝƚŝŽŶƐƚŽƚŚĞŚĂƌƚŽĨĐĐŽƵŶƚƐϭϲϭ ZĞƋƵĞƐƚĞĚĐŚĂŶŐĞƐĐĂŶĨŽůůŽǁĂĚŝĨĨĞƌĞŶƚƌĞǀŝĞǁĂŶĚĂƉƉƌŽǀĂůƉƌŽĐĞƐƐďĂƐĞĚŽŶƐƚƌƵĐƚƵƌĞŽƌƐĞŐŵĞŶƚŽĨƚŚĞƌĞƋƵĞƐƚĞĚĐŚĂŶŐĞ;Ğdž͘'ƌĂŶƚƌĞƋƵĞƐƚƚŽ'ƌĂŶƚƐŽĨĨŝĐĞͿϭϲϮ ƵĚŐĞƚĐŽŶƚƌŽůĐĂŶďĞƐĞƚƚŽƐŽĨƚĞƌƌŽƌ;tĂƌŶƵƐĞƌďƵƚĂůůŽǁͿϭϲϯ ƵĚŐĞƚĐŽŶƚƌŽůĐĂŶďĞƐĞƚƚŽŚĂƌĚĞƌƌŽƌ;ŽŶŽƚĂůůŽǁͿϭϲϰ ^LJƐƚĞŵĂůůŽǁƐĨŽƌďƵĚŐĞƚŝŶŐĂƚŽŶĞůĞǀĞůĂŶĚĐŽŶƚƌŽůůŝŶŐĂƚĂĚŝĨĨĞƌĞŶƚůĞǀĞů; džĂŵƉůĞ͗ďƵĚŐĞƚďLJĂĐĐŽƵŶƚͬŽďũĞĐƚďƵƚĐŽŶĚƵĐƚďƵĚŐĞƚĐŽŶƚƌŽůĂƚƉƌŽŐƌĂŵůĞǀĞůͿϭϲϱ ^LJƐƚĞŵĂůůŽǁƐďƵĚŐĞƚĐŽŶƚƌŽůĂƚƐƵŵŵĂƌLJƌŽůůƵƉŽĨĂĐĐŽƵŶƚͬŽďũĞĐƚϭϲϲ ^LJƐƚĞŵĂůůŽǁƐďƵĚŐĞƚĐŽŶƚƌŽůĂƚƐƵŵŵĂƌŝnjĞĚƌŽůůƵƉĐĂƚĞŐŽƌŝĞƐϭϲϳ ^LJƐƚĞŵĐĂŶĂůůŽǁĚĞƉĂƌƚŵĞŶƚƐƚŽƚƌĂĐŬĚĞƚĂŝůĂƚĂůŽǁĞƌůĞǀĞůƚŚĂŶďƵĚŐĞƚĐŽŶƚƌŽůŝƐĞƐƚĂďůŝƐŚĞĚŝŶĂƐĞŐŵĞŶƚϭϲϴ ^LJƐƚĞŵƚŽƐĞƚďƵĚŐĞƚĐŽŶƚƌŽůƚŽƉƌŽũĞĐƚĂŶĚŐƌĂŶƚůĞĚŐĞƌƐϭϲϵ ^LJƐƚĞŵĂůůŽǁƐũŽƵƌŶĂůĞŶƚƌŝĞƐƚŽďĞĞŶƚĞƌĞĚďLJĚĞƉĂƌƚŵĞŶƚƐĂŶĚƌŽƵƚĞĚƚŚƌŽƵŐŚǁŽƌŬĨůŽǁĨŽƌƌĞǀŝĞǁ͕ĂƉƉƌŽǀĂůĂŶĚƉŽƐƚŝŶŐϭϳϭ :ŽƵƌŶĂůĞŶƚƌŝĞƐĂƌĞƉŽƐƚĞĚŝŶƌĞĂůƚŝŵĞĂŶĚĂǀĂŝůĂďůĞĨŽƌƌĞƉŽƌƚŝŶŐϭϳϮ ^LJƐƚĞŵĐĂŶƌƵŶƌĞƉŽƌƚƐƐĞƉĂƌĂƚĞůLJŽŶƉŽƐƚĞĚŽƌƵŶƉŽƐƚĞĚũŽƵƌŶĂůĞŶƚƌŝĞƐϭϳϯ ^LJƐƚĞŵƐƵƉƉŽƌƚƐŵƵůƚŝƉůĞůŝŶĞŝƚĞŵƐĨŽƌũŽƵƌŶĂůĞŶƚƌŝĞƐ;ƉůĞĂƐĞŝŶĚŝĐĂƚĞĂŶLJůŝŵŝƚĂƚŝŽŶƐŝŶƚŚĞŶŽƚĞƐĐŽůƵŵŶͿϭϳϰ :ŽƵƌŶĂůĞŶƚƌŝĞƐƌĞĐŽƌĚƚŚĞƐŽƵƌĐĞŽĨƚŚĞƚƌĂŶƐĂĐƚŝŽŶ;Ğ͘Ő͕͘ŵĂŶƵĂůĞŶƚƌLJŽƌĂƵƚŽŵĂƚĞĚĞŶƚƌLJĨƌŽŵĂŶŽƚŚĞƌŵŽĚƵůĞͿϭϳϱ :ŽƵƌŶĂůĞŶƚƌŝĞƐƌĞĐŽƌĚƚŚĞƐŽƵƌĐĞŽĨƚŚĞƚƌĂŶƐĂĐƚŝŽŶƚŽƚŚŝƌĚͲƉĂƌƚLJƐLJƐƚĞŵŽƌǀŝĐĞǀĞƌƐĂϭϳϲ :ŽƵƌŶĂůĞŶƚƌŝĞƐĂƌĞǀĂůŝĚĂƚĞĚĂŐĂŝŶƐƚƚŚĞĐŚĂƌƚŽĨĂĐĐŽƵŶƚƐƚƌƵĐƚƵƌĞĨŽƌǀĂůŝĚĂĐĐŽƵŶƚƐϭϳϳ :ŽƵƌŶĂůĞŶƚƌŝĞƐĂƌĞǀĂůŝĚĂƚĞĚĂŐĂŝŶƐƚĂǀĂŝůĂďůĞĨƵŶĚƐ;ďƵĚŐĞƚĐŚĞĐŬŽƌĐĂƐŚĂǀĂŝůĂďŝůŝƚLJĐŚĞĐŬͿϭϳϴ ^LJƐƚĞŵŚĂƐƚŚĞĂďŝůŝƚLJƚŽŽǀĞƌƌŝĚĞďƵĚŐĞƚĐŚĞĐŬƐĂŶĚƌĞƐƚƌŝĐƚŝŽŶƐŝĨƌĞƋƵŝƌĞĚ͕ǁŝƚŚƉƌŽƉĞƌĂƉƉƌŽǀĂůƐ;ŝ͘Ğ͘&ŝŶĂŶĐĞͿϭϳϵ :ŽƵƌŶĂůĞŶƚƌŝĞƐĂƌĞǀĂůŝĚĂƚĞĚĂŐĂŝŶƐƚďĂůĂŶĐŝŶŐĞŶƚƌŝĞƐ;ŵĂŬĞƐƵƌĞĂůůĞŶƚƌŝĞƐďĂůĂŶĐĞͿϭϴϬ hƐĞƌƐĐĂŶŝŵƉŽƌƚũŽƵƌŶĂůĞŶƚƌŝĞƐĨƌŽŵƐƉƌĞĂĚƐŚĞĞƚŽƌƚĞdžƚĨŝůĞ;Ğ͘Ő͕͘DŝĐƌŽƐŽĨƚ džĐĞů͕dĞdžƚͿϭϴϭ /ŵƉŽƌƚĞĚũŽƵƌŶĂůĞŶƚƌŝĞƐĨƌŽŵŝŶƚĞƌĨĂĐĞĚƐLJƐƚĞŵƐŐŽƚŚƌŽƵŐŚďƵĚŐĞƚĐŚĞĐŬĂŶĚĞĚŝƚĐŚĞĐŬŽĨĞĂĐŚƚƌĂŶƐĂĐƚŝŽŶϭϴϮ /ŵƉŽƌƚĞĚƚƌĂŶƐĂĐƚŝŽŶƐĨƌŽŵƐƉƌĞĂĚƐŚĞĞƚƐĂƌĞǀĂůŝĚĂƚĞĚƵƐŝŶŐƚŚĞƐĂŵĞďƵƐŝŶĞƐƐƌƵůĞƐĂƐƚƌĂŶƐĂĐƚŝŽŶƐŵĂĚĞŝŶƚŚĞƐLJƐƚĞŵϭϴϯ ^LJƐƚĞŵĐĂŶďĂƚĐŚƉŽƐƚũŽƵƌŶĂůĞŶƚƌŝĞƐϭϴϰ ^LJƐƚĞŵĂůůŽǁƐĐƌĞĂƚŝŽŶŽĨĂũŽƵƌŶĂůĞŶƚƌLJĨƌŽŵƉƌĞǀŝŽƵƐůLJĞŶƚĞƌĞĚũŽƵƌŶĂůĞŶƚƌLJĨŽƌŵĂƚ;ĐŽƉLJũŽƵƌŶĂůͿďLJůŝŶĞŝƚĞŵϭϴϲ ^LJƐƚĞŵĂůůŽǁƐĐƌĞĂƚŝŽŶŽĨĂũŽƵƌŶĂůĞŶƚƌLJĨƌŽŵƉƌĞǀŝŽƵƐůLJĞŶƚĞƌĞĚũŽƵƌŶĂůĞŶƚƌLJĨŽƌŵĂƚ;ĐŽƉLJũŽƵƌŶĂůͿďLJĞŶƚŝƌĞũŽƵƌŶĂůĞŶƚƌLJϭϴϳ ^LJƐƚĞŵĂůůŽǁƐƵƐĞƌƐƚŽƌĞǀĞƌƐĞũŽƵƌŶĂůĞŶƚƌLJǁŝƚŚƉƌŽƉĞƌƐĞĐƵƌŝƚLJĂŶĚĂƉƉƌŽǀĂůƐϭϴϴ ^LJƐƚĞŵĂůůŽǁƐƚŽƐĐŚĞĚƵůĞĂƵƚŽͲƌĞǀĞƌƐĂůƐ;ĚĞĨĞƌƌĂůƐĂƚLJĞĂƌͲĞŶĚͿϭϴϵ :ŽƵƌŶĂůĞŶƚƌŝĞƐƐƵƉƉŽƌƚΗƌĞƋƵŝƌĞĚΗĚĂƚĂĨŝĞůĚƐĂŶĚƉƌĞǀĞŶƚƚƌĂŶƐĂĐƚŝŽŶƐĨƌŽŵƉŽƐƚŝŶŐƵŶƚŝůĂůůΗƌĞƋƵŝƌĞĚΗĨŝĞůĚƐĂƌĞĐŽŵƉůĞƚĞĚϭϵϬ hƐĞƌƐĐĂŶĂƚƚĂĐŚĨŝůĞƐĨŽƌĚŽĐƵŵĞŶƚĂƚŝŽŶƚŽũŽƵƌŶĂůĞŶƚƌLJǁŝƚŚĂƉƌĞĚĞĨŝŶĞĚƌĞƚĞŶƚŝŽŶƉĞƌŝŽĚϭϵϭ ^LJƐƚĞŵĂůůŽǁƐƉŽƐƚŝŶŐŽĨƚƌĂŶƐĂĐƚŝŽŶƐĨŽƌŵƵůƚŝƉůĞĨŝƐĐĂůLJĞĂƌƐĂƚƚŚĞƐĂŵĞƚŝŵĞ;ǁŝƚŚƉƌŽƉĞƌƉĞƌŵŝƐƐŝŽŶƐͿϭϵϮ ^LJƐƚĞŵƌĞƐƚƌŝĐƚƐĂĐĐŽƵŶƚƐƚŚĂƚƵƐĞƌĐĂŶƉŽƐƚũŽƵƌŶĂůĞŶƚƌŝĞƐƚŽďLJƐĞĐƵƌŝƚLJϭϵϯ :ŽƵƌŶĂůƚƌĂŶƐĂĐƚŝŽŶƐĐĂŶďĞĞŶƚĞƌĞĚĂŶĚƐĐŚĞĚƵůĞĚƵƐŝŶŐĞĨĨĞĐƚŝǀĞĚĂƚĞƐ;Ğ͘Ő͕͘ƉŽƐƚŝŶŐĚŽĞƐŶŽƚŽĐĐƵƌƵŶƚŝůĞĨĨĞĐƚŝǀĞĚĂƚĞͿ͕ĂŶĚƉƌĞǀĞŶƚƐĚƵƉůŝĐĂƚĞ: ͛Ɛϭϵϰ ^LJƐƚĞŵǁŝůůĂƵƚŽŵĂƚŝĐĂůůLJďĂůĂŶĐĞũŽƵƌŶĂůĞŶƚƌLJďLJĐĂƐŚϭϵϱ ^LJƐƚĞŵƉƌŽǀŝĚĞƐƚĞŵƉůĂƚĞƐĂŶĚŶŽƚŝĨŝĐĂƚŝŽŶƐĨŽƌƌĞĐƵƌƌŝŶŐũŽƵƌŶĂůĞŶƚƌŝĞƐϭϵϳ ^LJƐƚĞŵƉƌŽǀŝĚĞƐƚĞŵƉůĂƚĞƐĂŶĚŶŽƚŝĨŝĐĂƚŝŽŶƐĨŽƌƌĞĐƵƌƌŝŶŐũŽƵƌŶĂůĞŶƚƌŝĞƐǁŝƚŚƚŚĞƐĂŵĞĚŽůůĂƌǀĂůƵĞϭϵϴ ^LJƐƚĞŵƉƌŽǀŝĚĞƐƚĞŵƉůĂƚĞƐĂŶĚŶŽƚŝĨŝĐĂƚŝŽŶƐĨŽƌƌĞĐƵƌƌŝŶŐũŽƵƌŶĂůĞŶƚƌŝĞƐǁŝƚŚǀĂƌLJŝŶŐĚŽůůĂƌĂŵŽƵŶƚƐϭϵϵ ZĞĐƵƌƌŝŶŐũŽƵƌŶĂůĞŶƚƌŝĞƐŽĐĐƵƌĂƚƌĞŐƵůĂƌĨƌĞƋƵĞŶĐLJ;ĐĂŶƐĞƚƐƚĂƌƚĂŶĚƐƚŽƉĚĂƚĞƐͿϮϬϬ ^LJƐƚĞŵĂůůŽǁƐũŽƵƌŶĂůĞŶƚƌŝĞƐƚŽďĞƐĐŚĞĚƵůĞĚ;ĞdžĂŵƉůĞ͗ůĞĂƐĞͬĚĞďƚƐĐŚĞĚƵůĞƐͿϮϬϭ ^LJƐƚĞŵĂůůŽǁƐĐůŽƐŝŶŐŽĨŵŽŶƚŚƐϮϬϯ ^LJƐƚĞŵĐĂŶĐƌĞĂƚĞĂƵƚŽŵĂƚĞĚΗĚƵĞƚŽͬĚƵĞĨƌŽŵΗƚƌĂŶƐĂĐƚŝŽŶƐϮϬϴ ^LJƐƚĞŵĐĂŶĐƌĞĂƚĞŝŶƚĞƌͲĞŶƚŝƚLJďŝůůŝŶŐƐďĂƐĞĚŽŶĚŝƌĞĐƚƚƌĂŶƐĂĐƚŝŽŶĐŽƐƚƐϮϬϵ ^LJƐƚĞŵĐĂŶĐƌĞĂƚĞŝŶƚĞƌͲĞŶƚŝƚLJďŝůůŝŶŐƐďĂƐĞĚŽŶŝŶĚŝƌĞĐƚƚƌĂŶƐĂĐƚŝŽŶĐŽƐƚƐϮϭϬ ^LJƐƚĞŵĐĂŶĐƌĞĂƚĞŝŶƚĞƌͲĞŶƚŝƚLJďŝůůŝŶŐƐďĂƐĞĚŽŶĐŽƐƚĂůůŽĐĂƚŝŽŶƐϮϭϭ ůůŝŶƚĞƌͲĞŶƚŝƚLJƚƌĂŶƐĂĐƚŝŽŶƐĂƌĞƐĞůĨͲďĂůĂŶĐŝŶŐϮϭϮ ůůŝŶƚĞƌͲĞŶƚŝƚLJƚƌĂŶƐĂĐƚŝŽŶƐĐĂŶďĞƐƵƉƉŽƌƚĞĚďLJĂĚĞƉĂƌƚŵĞŶƚĂůĂƉƉƌŽǀĂůϮϭϯ ^LJƐƚĞŵƐƵƉƉŽƌƚƐĂŶĂŶŶƵĂůĐůŽƐĞƉƌŽĐĞƐƐϮϭϰ ^LJƐƚĞŵƉƌŽǀŝĚĞƐƚŚĞĐĂƉĂďŝůŝƚLJƚŽĂĐĐƌƵĞƉĂLJĂďůĞƐͬƌĞĐĞŝǀĂďůĞƐƚŽƚŚĞƉƌŽƉĞƌƉĞƌŝŽĚϮϭϱ ^LJƐƚĞŵƉƌŽǀŝĚĞƐŵƵůƚŝƉůĞƉĞƌŝŽĚƐ͕ďĞLJŽŶĚϭϮ͕ĨŽƌĂĚũƵƐƚŝŶŐĞŶƚƌŝĞƐĂŶĚĂŶŶƵĂůƌĞƉŽƌƚŝŶŐ;ƉůĞĂƐĞƐƉĞĐŝĨLJŚŽǁŵĂŶLJƉĞƌŝŽĚƐƚŚĞƐLJƐƚĞŵĐĂŶƐƵƉƉŽƌƚͿϮϭϲ ^LJƐƚĞŵƌŽůůƐĞŶĐƵŵďƌĂŶĐĞƐƚŽŶĞdžƚLJĞĂƌĐĂƌƌLJŝŶŐĨŽƌǁĂƌĚďƵĚŐĞƚϮϭϳ ^LJƐƚĞŵƌŽůůƐĞŶĐƵŵďƌĂŶĐĞƐƚŽŶĞdžƚLJĞĂƌĐĂƌƌLJŝŶŐĨŽƌǁĂƌĚĞŶĐƵŵďƌĂŶĐĞϮϭϴ tŚĞŶƌŽůůĞĚƉƵƌĐŚĂƐĞŽƌĚĞƌŝƐĐůŽƐĞĚŝŶŶĞǁLJĞĂƌ͕ƐLJƐƚĞŵƌĞŵŽǀĞƐĂŶLJƵŶƐƉĞŶƚĐĂƌƌLJĨŽƌǁĂƌĚďƵĚŐĞƚϮϭϵ ^LJƐƚĞŵƐƵƉƉŽƌƚƐŵƵůƚŝƉůĞƚLJƉĞƐŽĨƉĞƌŝŽĚĐůŽƐĞƐ;ŝ͘Ğ͕͘zĞĂƌͲ ŶĚ͕DŽŶƚŚ ŶĚ͕YƵĂƌƚĞƌͲ ŶĚͿϮϮϬ ^LJƐƚĞŵƉƌŽǀŝĚĞƐĂĨůĞdžŝďůĞƌĞƉŽƌƚŝŶŐĂŶĚƋƵĞƌLJĐĂƉĂďŝůŝƚLJŽŶĂŶLJƐĞŐŵĞŶƚ;ƐͿǁŝƚŚŝŶƚŚĞĨŝŶĂŶĐŝĂůƐƚƌƵĐƚƵƌĞϮϮϰ ^LJƐƚĞŵŝŶƋƵŝƌLJĐĂŶĚƌŝůůĚŽǁŶŽƌĂĐƌŽƐƐĨƌŽŵƐƵŵŵĂƌLJƚŽĚĞƚĂŝůǁŝƚŚŝŶƚŚĞĨŝŶĂŶĐŝĂůƐƚƌƵĐƚƵƌĞϮϮϱ 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ƵĚŐĞƚĐŽŶƚƌŽůĨŽƌĂƉƌŽũĞĐƚĐĂŶďĞƐĞƚĨŽƌĞŶƚŝƌĞůŝĨĞŽĨƉƌŽũĞĐƚ;ŵƵůƚŝͲLJĞĂƌͿϮϳϰ ^LJƐƚĞŵĐĂŶĐŽŶƚƌŽůďƵĚŐĞƚĂƚƉƌŽũĞĐƚůĞǀĞůϮϳϱ ^LJƐƚĞŵĐĂŶĐŽŶƚƌŽůďƵĚŐĞƚĂƚƐƵďͲƉƌŽũĞĐƚůĞǀĞů;ĞdžĂŵƉůĞ͗ƉŚĂƐĞ͕ƚĂƐŬ͕ĞƚĐ͘ͿϮϳϲ ^LJƐƚĞŵĐĂŶƐĞƚůĞǀĞůŽĨďƵĚŐĞƚĐŽŶƚƌŽůĚŝĨĨĞƌĞŶƚůLJĨŽƌĞĂĐŚƉƌŽũĞĐƚϮϳϳ ^LJƐƚĞŵǁŝůůďƵĚŐĞƚƚŽƚŚĞƉƌŽũĞĐƚͬŐƌĂŶƚƚĂƐŬͬƉŚĂƐĞϮϳϴ ^LJƐƚĞŵƉƌŽǀŝĚĞƐĐĂƐŚĨůŽǁƉƌŽũĞĐƚŝŽŶƐĨŽƌƉƌŽũĞĐƚƐƵƐŝŶŐĂŶƚŝĐŝƉĂƚĞĚƌĞǀĞŶƵĞ͕ƉƌŽũĞĐƚĞdžƉĞŶĚŝƚƵƌĞƐ͕ĂŶĚŵŝůĞƐƚŽŶĞƉĂLJŵĞŶƚĚĂƚĞƐϮϳϵ ^LJƐƚĞŵĂůůŽǁƐĨŽƌƚƌĂĐŬŝŶŐĚŝƌĞĐƚĐŽƐƚƐ;ĞŶĐƵŵďƌĂŶĐĞͿƚŽƉƌŽũĞĐƚͬŐƌĂŶƚƚŚƌŽƵŐŚƉƵƌĐŚĂƐŝŶŐϮϴϬ ^LJƐƚĞŵĂůůŽǁƐĨŽƌƚƌĂĐŬŝŶŐĚŝƌĞĐƚĐŽƐƚƐ;ĞdžƉĞŶƐĞͿƚŽƉƌŽũĞĐƚͬŐƌĂŶƚƚŚƌŽƵŐŚĂĐĐŽƵŶƚƐƉĂLJĂďůĞϮϴϭ ^LJƐƚĞŵĂůůŽǁƐĨŽƌƚƌĂĐŬŝŶŐĚŝƌĞĐƚĐŽƐƚƐĂŶĚŝŶĚŝƌĞĐƚĐŽƐƚƐ;ĞŶĐƵŵďƌĂŶĐĞĂŶĚĞdžƉĞŶƐĞͿƚŽƉƌŽũĞĐƚͬŐƌĂŶƚƚŚƌŽƵŐŚũŽƵƌŶĂůĞŶƚƌŝĞƐϮϴϮ ^LJƐƚĞŵƚƌĂĐŬƐŐƌĂŶƚŵĂƚĐŚƌĞƋƵŝƌĞŵĞŶƚƐϮϴϯ ^LJƐƚĞŵĐĂŶƚƌĂĐŬƉƌŽũĞĐƚͬŐƌĂŶƚĞdžƉĞŶĚŝƚƵƌĞƐŽŶŝƚLJΖƐĨŝƐĐĂůLJĞĂƌĂŶĚƐƚĂƚĞĂŶĚͬŽƌĨĞĚĞƌĂůĨŝƐĐĂůLJĞĂƌϮϴϰ ^LJƐƚĞŵĂůůŽǁƐĨŽƌƚƌĂĐŬŝŶŐƐĂůĂƌLJĂŶĚďĞŶĞĨŝƚĐŽƐƚƐ;ĞdžƉĞŶƐĞͿƚŽƉƌŽũĞĐƚͬŐƌĂŶƚƚŚƌŽƵŐŚƉĂLJƌŽůůϮϴϱ ^LJƐƚĞŵĐĂŶƐƉůŝƚƚŝŵĞŝŶƉĂLJƌŽůůĂŶĚƚŝŵĞĞŶƚƌLJďĞƚǁĞĞŶǀĂůŝĚƉƌŽũĞĐƚƐĂŶĚŐƌĂŶƚƐϮϴϲ ^LJƐƚĞŵĂůůŽǁƐĨŽƌƚƌĂĐŬŝŶŐƐĂůĂƌLJ͕ŝŶĐůƵĚŝŶŐůŽŶŐĞǀŝƚLJƉĂLJ͕ĂŶĚďĞŶĞĨŝƚĐŽƐƚƐ;ĞdžƉĞŶƐĞͿƚŽƉƌŽũĞĐƚƐͬŐƌĂŶƚƐƚŚƌŽƵŐŚƉĂLJƌŽůůϮϴϳ ^LJƐƚĞŵĂůůŽĐĂƚĞƐŝŶĚŝƌĞĐƚĐŽƐƚƐƚŽƉƌŽũĞĐƚƐͬŐƌĂŶƚƐďĂƐĞĚŽŶƉƌĞͲĚĞƚĞƌŵŝŶĞĚĐŽƐƚĚƌŝǀĞƌƐĂŶĚĂůůŽĐĂƚŝŽŶƐĐŚĞĚƵůĞƐϮϴϵ ^LJƐƚĞŵŝĚĞŶƚŝĨŝĞƐĞůŝŐŝďůĞĞdžƉĞŶƐĞƐĨŽƌƌĞŝŵďƵƌƐĞŵĞŶƚďĂƐĞĚŽŶĐƌŝƚĞƌŝĂŝĚĞŶƚŝĨŝĞĚĨŽƌĞĂĐŚƉƌŽũĞĐƚͬŐƌĂŶƚ;ďLJĂĐĐŽƵŶƚͿϮϵϬ ^LJƐƚĞŵŝĚĞŶƚŝĨŝĞƐĞůŝŐŝďůĞůĂďŽƌŚŽƵƌƐĨŽƌƌĞŝŵďƵƌƐĞŵĞŶƚďĂƐĞĚŽŶĐƌŝƚĞƌŝĂŝĚĞŶƚŝĨŝĞĚĨŽƌĞĂĐŚƉƌŽũĞĐƚͬŐƌĂŶƚ;ďLJĂĐĐŽƵŶƚͿϮϵϭ ^LJƐƚĞŵǁŝůůƐƉůŝƚƚŚĞĐŽƐƚŽĨƉƌŽũĞĐƚƐĂĐƌŽƐƐǀĂƌŝŽƵƐĨƵŶĚŝŶŐƐŽƵƌĐĞƐďLJƉĞƌĐĞŶƚĂŐĞ;Ğ͘Ő͘ϳϬйŐƌĂŶƚ͕ϯϬйďŽŶĚͿϮϵϮ ^LJƐƚĞŵǁŝůůƐƉůŝƚƚŚĞĐŽƐƚŽĨƉƌŽũĞĐƚƐĂĐƌŽƐƐǀĂƌŝŽƵƐĨƵŶĚŝŶŐƐŽƵƌĐĞƐďLJƉƌŝŽƌŝƚLJ;ŐƌĂŶƚĨŝƌƐƚ͕ĐŝƚLJĨƵŶĚƐŶĞdžƚͿϮϵϯ ƵƚŽŵĂƚĞĚĂůĞƌƚƐďĂƐĞĚŽŶŐƌĂŶƚƵŶĚĞƌͬŽǀĞƌƐƉĞŶĚŝŶŐĚĞĨŝŶĞĚďLJĞĂĐŚŐƌĂŶƚďƵĚŐĞƚĂŶĚƌĞƉŽƌƚŝŶŐƌĞƋƵŝƌĞŵĞŶƚƐϮϵϰ ^LJƐƚĞŵĂůůŽǁƐƌĞǀĞŶƵĞƐŽƵƌĐĞƚŽďĞƐƉůŝƚĂĐƌŽƐƐŵƵůƚŝƉůĞƉƌŽũĞĐƚƐϮϵϱ ^LJƐƚĞŵĐĂŶĂƐƐŝŐŶŵƵůƚŝƉůĞƌĞǀĞŶƵĞƐŽƵƌĐĞƐƚŽďĞƵƐĞĚĨŽƌƐŝŶŐůĞƉƌŽũĞĐƚϮϵϲ ^LJƐƚĞŵĂůůŽǁƐŵƵůƚŝƉůĞƌĞǀĞŶƵĞƐŽƵƌĐĞƐƚŽďĞƐƉůŝƚĂĐƌŽƐƐŵƵůƚŝƉůĞƉƌŽũĞĐƚƐ;ĞĂĐŚƉƌŽũĞĐƚŚĂƐŵƵůƚŝƉůĞƐŽƵƌĐĞƐͿϮϵϳ ^LJƐƚĞŵĂƉƉůŝĞƐŝŶƚĞƌĞƐƚĞĂƌŶĞĚƚŽƉƌŽũĞĐƚͬŐƌĂŶƚϮϵϴ ^LJƐƚĞŵǁŝůůƚƌĂĐŬĂĚǀĂŶĐĞƉĂLJŵĞŶƚƐŽŶŐƌĂŶƚƐϮϵϵ ^LJƐƚĞŵŐĞŶĞƌĂƚĞƐƌĞǀĞŶƵĞͬƌĞĐĞŝǀĂďůĞƚƌĂŶƐĂĐƚŝŽŶƐĨƌŽŵŐƌĂŶƚΖƐĞdžƉĞŶĚŝƚƵƌĞĚĂƚĂϯϬϬ ^LJƐƚĞŵƉƌŽĚƵĐĞƐĂŶŝŶǀŽŝĐĞďĂƐĞĚŽŶƚŚĞĚŝƌĞĐƚĂŶĚŝŶĚŝƌĞĐƚĐŽƐƚƐϯϬϭ ^LJƐƚĞŵĐĂŶŐĞŶĞƌĂƚĞŝŶǀŽŝĐĞƚŽĞdžĐůƵĚĞŝŶĞůŝŐŝďůĞĞdžƉĞŶƐĞƐϯϬϮ ^LJƐƚĞŵĐĂŶŐĞŶĞƌĂƚĞŝŶǀŽŝĐĞƚŽďŝůůĨŽƌĂŶLJƉƌŽũĞĐƚĐŽƐƚƐ;ďŝůůƚŽĐŽŶƚƌĂĐƚŽƌ͕ĐŝƚŝnjĞŶ͕ŽƚŚĞƌŐŽǀĞƌŶŵĞŶƚ͕ŽƌŐƌĂŶƚͿϯϬϯ ^LJƐƚĞŵĐĂŶŐĞŶĞƌĂƚĞŝŶǀŽŝĐĞĨŽƌĂƉƉƌŽƉƌŝĂƚĞďŝůůĂďůĞĞdžƉĞŶƐĞƐĂƚĞŶĚŽĨƉƌŽũĞĐƚϯϬϰ ^LJƐƚĞŵĐĂŶŐĞŶĞƌĂƚĞŝŶǀŽŝĐĞĨŽƌĂƉƉƌŽƉƌŝĂƚĞďŝůůĂďůĞĞdžƉĞŶƐĞƐĂƚĐŽŵƉůĞƚŝŽŶŽĨŵŝůĞƐƚŽŶĞͬƉŚĂƐĞϯϬϱ ^LJƐƚĞŵĐĂŶŐĞŶĞƌĂƚĞŝŶǀŽŝĐĞĨŽƌĂƉƉƌŽƉƌŝĂƚĞďŝůůĂďůĞĞdžƉĞŶƐĞƐĂƚĂŶLJƉŽŝŶƚ;ďŝůůĐƵƌƌĞŶƚĐŚĂƌŐĞƐͿϯϬϲ WƌŽũĞĐƚďŝůůŝŶŐďĂƐĞĚŽŶĂĐƚƵĂůĞdžƉĞŶƐĞƐ;ƵƐŝŶŐĐƵƌƌĞŶƚƐĂůĂƌLJĂŶĚďĞŶĞĨŝƚŝŶĨŽƌŵĂƚŝŽŶͿϯϬϳ WƌŽũĞĐƚďŝůůŝŶŐďĂƐĞĚŽŶĂĐƚƵĂůĞdžƉĞŶƐĞƐ;ƵƐŝŶŐĐƵƌƌĞŶƚƐĂůĂƌLJĂŶĚďĞŶĞĨŝƚŝŶĨŽƌŵĂƚŝŽŶͿƉůƵƐƉĞƌĐĞŶƚĂŐĞ;ĂĚŵŝŶŝƐƚƌĂƚŝǀĞĐŽƐƚͿϯϬϴ ^LJƐƚĞŵĐƌĞĂƚĞƐũŽƵƌŶĂůĞŶƚƌŝĞƐĂƵƚŽŵĂƚŝĐĂůůLJďĂƐĞĚŽŶƌĞŝŵďƵƌƐĞŵĞŶƚƌĞƋƵĞƐƚƐϯϬϵ WƌŽũĞĐƚƐĐĂŶƵƐĞŵƵůƚŝƉůĞƉƌĞͲĚĞƚĞƌŵŝŶĞĚƌĂƚĞƚĂďůĞƐϯϭϬ WƌŽũĞĐƚďŝůůŝŶŐďĂƐĞĚŽŶƐƚĂŶĚĂƌĚƌĂƚĞƐϯϭϭ ^LJƐƚĞŵƉƌĞǀĞŶƚƐĚĞůĞƚŝŽŶŽĨĂƉƌŽũĞĐƚŽƌƉƌŽũĞĐƚĂĐĐŽƵŶƚǁŚŝĐŚŚĂƐĂĐƚŝǀŝƚLJĂƐƐŽĐŝĂƚĞĚǁŝƚŚŝƚϯϭϮ ůŽƐĞƐƉƌŽũĞĐƚƵƐŝŶŐĞĨĨĞĐƚŝǀĞĚĂƚŝŶŐϯϭϯ ůŽƐĞŽĨƉƌŽũĞĐƚƐĚŽĞƐŶŽƚůŽƐĞĚĞƚĂŝůĞĚŚŝƐƚŽƌLJŽĨƉƌŽũĞĐƚϯϭϰ ^LJƐƚĞŵĂůůŽǁƐĐůŽƐŝŶŐƐƵďͲƉƌŽũĞĐƚ;ĞdžĂŵƉůĞ͗ƉŚĂƐĞͿƐĞƉĂƌĂƚĞůLJϯϭϱ ůůŽǁƐŽĨƚĐůŽƐĞƚŽƉƌŽũĞĐƚƚŚĂƚĚŽĞƐŶΖƚĂůůŽǁŶĞǁĞdžƉĞŶĚŝƚƵƌĞƐďƵƚĚŽĞƐĂůůŽǁĨŝŶĂůĐŽƐƚĂĚũƵƐƚŵĞŶƚƐϯϭϲ ^LJƐƚĞŵƉƌŽǀŝĚĞƐƌĞƉŽƌƚŝŶŐĐĂƉĂďŝůŝƚŝĞƐŽŶƉƌŽũĞĐƚĂŶĚŐƌĂŶƚƐŝŶƐƵŵŵĂƌLJĂŶĚŝŶĚĞƚĂŝůϯϭϳ ^LJƐƚĞŵĐĂŶƌĞƉŽƌƚƉƌŽũĞĐƚĂŶĚŐƌĂŶƚĚĂƚĂŝŶĂŶLJƚŝŵĞĨƌĂŵĞĞdž͘ĐŝƚLJƉĞƌŝŽĚ͕ŐƌĂŶƚŽƌƉĞƌŝŽĚ͕ĞƚĐ͘ϯϭϴ ^LJƐƚĞŵĐĂŶƌĞƉŽƌƚŽŶƉƌŽũĞĐƚĂŶĚŐƌĂŶƚƐƌĞǀĞŶƵĞĂŶĚĞdžƉĞŶĚŝƚƵƌĞĚĂƚĂϯϭϵ ^LJƐƚĞŵĐĂŶŐĞŶĞƌĂƚĞŐƌĂŶƚŽƌƌĞƋƵŝƌĞĚƌĞƉŽƌƚŝŶŐϯϮϬ ^LJƐƚĞŵĐĂŶƌĞƉŽƌƚŝŶĚĞƚĂŝůďLJƉƌŽũĞĐƚĨƵŶĚŝŶŐƐŽƵƌĐĞϯϮϭ džƉĞŶĚŝƚƵƌĞƐĨŽƌĐĂƉŝƚĂůƉƌŽũĞĐƚĐĂŶďĞŝĚĞŶƚŝĨŝĞĚĂƐĐĂƉŝƚĂůŝnjĞĚĞdžƉĞŶƐĞƐ;ďĂƐĞĚŽŶĚŝĨĨĞƌĞŶƚƚŚƌĞƐŚŽůĚƐĨŽƌŐƌĂŶƚͲĨƵŶĚĞĚǀƐŐĞŶĞƌĂůͿϯϮϮ ^LJƐƚĞŵǁŝůůŵŽǀĞĂƉƌŽũĞĐƚƚŽĐĂƉŝƚĂůĂƐƐĞƚďƵƚĂůůŽǁĨŽƌĂŶLJƐƵďƐĞƋƵĞŶƚĞdžƉĞŶĚŝƚƵƌĞƐƚŽďĞĐŚĂƌŐĞĚƚŽƚŚĂƚƉƌŽũĞĐƚϯϮϯ ^LJƐƚĞŵƚƌĂŶƐĨĞƌƐĐŽŶƐƚƌƵĐƚŝŽŶͲŝŶͲƉƌŽŐƌĞƐƐĂĐĐŽƵŶƚƐƚŽĐĂƉŝƚĂůĂƐƐĞƚĂĐĐŽƵŶƚƐĂƚƉƌŽũĞĐƚĐůŽƐĞŽƌĐŽŵƉůĞƚŝŽŶϯϮϰ ^LJƐƚĞŵĂůůŽǁƐĐƌĞĂƚŝŽŶŽĨĂƐƐĞƚďĞĨŽƌĞƉƌŽũĞĐƚĐůŽƐĞϯϮϱ KŶĞƉƌŽũĞĐƚĐĂŶďĞĐŽŶǀĞƌƚĞĚŝŶƚŽŵƵůƚŝƉůĞĂƐƐĞƚƐϯϮϲ ^LJƐƚĞŵĂůůŽǁƐƵƐĞƌƐƚŽĚĞƚĞƌŵŝŶĞǁŚĂƚĐŽƐƚƐƐŚŽƵůĚďĞĐĂƉŝƚĂůŝnjĞĚϯϮϳ hƐĞƌƐĐĂŶĂƚƚĂĐŚƉƵƌĐŚĂƐŝŶŐĚŽĐƵŵĞŶƚƐƚŽĂŶLJƚƌĂŶƐĂĐƚŝŽŶϯϮϴ ^LJƐƚĞŵƌĞƋƵŝƐŝƚŝŽŶĐĂŶŝŶĐůƵĚĞƌĞƋƵĞƐƚĞĚǀĞŶĚŽƌϯϮϵ ^LJƐƚĞŵĐĂŶƉƌŽĐĞƐƐƌĞƋƵŝƐŝƚŝŽŶƐǁŝƚŚŽƵƚĂƐƉĞĐŝĨŝĞĚǀĞŶĚŽƌϯϯϬ ZĞƋƵĞƐƚŽƌĐĂŶĂƚƚĂĐŚĨŝůĞƐƚŽƌĞƋƵŝƐŝƚŝŽŶĂƚŚĞĂĚĞƌůĞǀĞů͕ĨŝůĞƐĐĂŶďĞŝŶĚŝǀŝĚƵĂůůLJƉƌŝŶƚĞĚŽƌƉƌŝŶƚĞĚǁŝƚŚĚŽĐƵŵĞŶƚϯϯϭ ^LJƐƚĞŵŵĂŝŶƚĂŝŶƐůŝƐƚŽĨŝŶƚĞƌĞƐƚĞĚďŝĚĚĞƌƐͬǀĞŶĚŽƌƐ͕ŝŶĐůƵĚŝŶŐĂƉƉůŝĐĂďůĞĐŽŵŵŽĚŝƚLJĐŽĚĞƐϯϯϮ ZĞƋƵĞƐƚŽƌĐĂŶĂƚƚĂĐŚĨŝůĞƐƚŽƌĞƋƵŝƐŝƚŝŽŶĂƚůŝŶĞŝƚĞŵůĞǀĞůϯϯϯ WƵƌĐŚĂƐĞƌĞƋƵŝƐŝƚŝŽŶĂůůŽǁƐƵƐĞƌƚŽĂĚĚE/'WĐŽŵŵŽĚŝƚLJĐŽĚĞƚŽůŝŶĞŝƚĞŵϯϯϰ WƵƌĐŚĂƐĞƌĞƋƵŝƐŝƚŝŽŶĂůůŽǁƵƐĞƌƐƚŽĂĚĚĐŽŵŵŽĚŝƚLJĐŽĚĞƐƚŽƚŚĞůŝŶĞŝƚĞŵ͘ϯϯϱ ^LJƐƚĞŵĂůůŽǁƐƵƐĞƌƚŽƌĞĐŽƌĚŝŶĨŽƌŵĂƚŝŽŶŽŶĐŽŵƉĞƚŝŶŐƋƵŽƚĞƐ;ŝŶĨŽƌŵĂůƋƵŽƚĞƐͿϯϯϲ WƵƌĐŚĂƐĞƌĞƋƵŝƐŝƚŝŽŶĂůůŽǁƐƵƐĞƌƚŽŝĚĞŶƚŝĨLJƉƌŽũĞĐƚůĞĚŐĞƌƐĞŐŵĞŶƚƐŽŶůŝŶĞŝƚĞŵϯϯϳ 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dŚĞƐLJƐƚĞŵŚĂƐƚŚĞĂďŝůŝƚLJƚŽŝŶĚŝĐĂƚĞŝĨƚŚĞƌĞƋƵŝƐŝƚŝŽŶŝƐĨŽƌĂŶŝŶǀĞŶƚŽƌLJŝƚĞŵϯϳϳ dŚĞƐLJƐƚĞŵŚĂƐƚŚĞĂďŝůŝƚLJƚŽŝŶĚŝĐĂƚĞƚŚĞƐƚĂƚƵƐŽĨĂƌĞƋƵŝƐŝƚŝŽŶ͕ƌĞĐĞŝƉƚƐƚĂƚƵƐ͕ƉƵƌĐŚĂƐĞŽƌĚĞƌƐ͕ĂŶĚŝŶǀŽŝĐĞͬƉĂLJĂďůĞƐƚĂƚƵƐĂƚĂŶLJƚŝŵĞ͘ϯϳϴ dŚĞƐLJƐƚĞŵŚĂƐƚŚĞĂďŝůŝƚLJƚŽƐƵƉƉŽƌƚΗŶĞŐĂƚŝǀĞƌĞƋƵŝƐŝƚŝŽŶĂŵŽƵŶƚƐΗĨŽƌĚŝƐĐŽƵŶƚƐĂŶĚͬŽƌƚƌĂĚĞͲŝŶĂŵŽƵŶƚƐ;ŝ͘Ğ͕͘ƵƐĞƚŚĞƐĂůǀĂŐĞǀĂůƵĞŽĨƚŚĞŽůĚŝƚĞŵĂƐĂĐƌĞĚŝƚƚŽǁĂƌĚƚŚĞŶĞǁͿϯϳϵ dŚĞƐLJƐƚĞŵŚĂƐƚŚĞĂďŝůŝƚLJƚŽĐƌŽƐƐͲƌĞĨĞƌĞŶĐĞĞdžŝƐƚŝŶŐƌĞƋƵŝƐŝƚŝŽŶƐƚŽĚĞƚĞƌŵŝŶĞŝĨŶĞǁƉƵƌĐŚĂƐĞĐĂŶďĞĂĚĚĞĚƚŽĞdžŝƐƚŝŶŐƌĞƋƵŝƐŝƚŝŽŶƐ;ŝ͘Ğ͕͘ĂĚĚůŝŶĞƐƚŽĂŶĞdžŝƐƚŝŶŐZĞƋ͘ŽƌWKͿϯϴϬ dŚĞƐLJƐƚĞŵŚĂƐƚŚĞĂďŝůŝƚLJƚŽĂƵƚŽͲƉŽƉƵůĂƚĞĨŝĞůĚƐďĂƐĞĚŽŶŝŶǀĞŶƚŽƌLJŝƚĞŵƐĞůĞĐƚĞĚϯϴϭ ^LJƐƚĞŵĂĐĐŽŵŵŽĚĂƚĞƐǀĞŶĚŽƌĐĂƚĂůŽŐƐǁŝƚŚƉƌĞͲĚĞĨŝŶĞĚƉƵƌĐŚĂƐŝŶŐůŝƐƚƐďLJďĞŝŶŐĂďůĞƚŽƉƵŶĐŚŽƵƚƚŽǀĞŶĚŽƌĐĂƚĂůŽŐĂŶĚͬŽƌƵƉůŽĂĚĚĂƚĂĨƌŽŵǀĞŶĚŽƌĞůĞĐƚƌŽŶŝĐĐĂƚĂůŽŐϯϴϯ ^LJƐƚĞŵĂůůŽǁƐƵƐĞƌƚŽĂĐĐĞƐƐǀĞŶĚŽƌĐĂƚĂůŽŐƐƚŚƌŽƵŐŚƐLJƐƚĞŵĂŶĚƚƌĂĐŬĂůůƐĞůĞĐƚĞĚŝƚĞŵƐŝŶƉƵƌĐŚĂƐŝŶŐƐLJƐƚĞŵϯϴϰ ^LJƐƚĞŵǁŝůůĂůůŽǁĨŽƌŵƵůƚŝƉůĞƉƵŶĐŚͲŽƵƚǀĞŶĚŽƌĐĂƚĂůŽŐƐϯϴϱ ^LJƐƚĞŵĂĐĐŽŵŵŽĚĂƚĞƐĚŝƐĐƌĞƚĞƉƵƌĐŚĂƐĞŽƌĚĞƌƐ;ƉƵƌĐŚĂƐĞŽƌĚĞƌĨŽƌƐƉĞĐŝĨŝĐƋƵĂŶƚŝƚLJŽĨŐŽŽĚŽƌƐĞƌǀŝĐĞͿϯϴϲ 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^LJƐƚĞŵƐƵƉƉŽƌƚƐƉŚLJƐŝĐĂůŝŶǀĞŶƚŽƌLJĐLJĐůĞĐŽƵŶƚŝŶŐϵϬϴ WŚLJƐŝĐĂůŝŶǀĞŶƚŽƌLJŝƐĐŽŵƉĂƚŝďůĞǁŝƚŚŵŽďŝůĞĚĞǀŝĐĞƐϵϬϵ ^LJƐƚĞŵƐƵƉƉŽƌƚƐĂŶŝŶƚĞƌŶĂůƚƌĂŶƐĨĞƌŽĨĂƐƐĞƚƐƉƌŽĐĞƐƐďĞƚǁĞĞŶĚĞƉĂƌƚŵĞŶƚƐ͕ĞƚĐ͘ϵϭϮ hƉŽŶĚŝƐƉŽƐĂů͕ƐLJƐƚĞŵĐĂůĐƵůĂƚĞƐƉĂƌƚŝĂůƉĞƌŝŽĚĚĞƉƌĞĐŝĂƚŝŽŶĂŶĚŐĞŶĞƌĂƚĞƐĂƉƉƌŽƉƌŝĂƚĞƉƌŽĨŝƚͬůŽƐƐĐĂůĐƵůĂƚŝŽŶϵϭϯ ^LJƐƚĞŵƚƌĂĐŬƐƌĞĂƐŽŶĨŽƌĚŝƐƉŽƐĂů;ƐĂůĞ͕ƐĂůǀĂŐĞ͕ĞƚĐ͘Ϳϵϭϰ ^LJƐƚĞŵƐƚŽƌĞƐŝŶĨŽƌŵĂƚŝŽŶŽŶĚŝƐƉŽƐĞĚĂƐƐĞƚƐϵϭϱ ^LJƐƚĞŵƉƌŽǀŝĚĞƐǁŽƌŬĨůŽǁĂƉƉƌŽǀĂůͬŶŽƚŝĨŝĐĂƚŝŽŶĨŽƌĚŝƐƉŽƐĞĚĂƐƐĞƚƐϵϭϲ ^LJƐƚĞŵƚƌĂĐŬƐĂŶLJƌĞƐƚƌŝĐƚŝŽŶƐŽŶƚŚĞĂƐƐĞƚĚŝƐƉŽƐĂů;Ğ͘Ő͘ŚĂnjĂƌĚŽƵƐǁĂƐƚĞ͕ŶŽĚƵŵƉƐƚĞƌ͕ĞƚĐ͘Ϳϵϭϳ ^LJƐƚĞŵŐĞŶĞƌĂƚĞƐƚŚĞĂƉƉƌŽƉƌŝĂƚĞũŽƵƌŶĂůĞŶƚƌLJƚƌĂŶƐĂĐƚŝŽŶĂĨƚĞƌůŝĨĞͲĐLJĐůĞĞǀĞŶƚƐϵϭϴ ^LJƐƚĞŵĂƐƐŝŐŶƐůŝĨĞͲĐLJĐůĞũŽƵƌŶĂůĞŶƚƌLJƚŽĂƉƉƌŽƉƌŝĂƚĞůĞĚŐĞƌƚƌĂŶƐĂĐƚŝŽŶĂŶĚĂƉƉƌŽƉƌŝĂƚĞďĞŚŝŶĚƚŚĞƐĐĞŶĞƐƚƌĂŶƐĂĐƚŝŽŶ;Ğ͘Ő͘ĂĐƋƵŝƐŝƚŝŽŶƚŽŐĞŶĞƌĂůůĞĚŐĞƌ͕ĚĞƉƌĞĐŝĂƚŝŽŶƚŽ'^ϯϰůĞĚŐĞƌ͕ƚƌĂŶƐĨĞƌƚ ŽƚŚĞ'^ϯϰĂŶĚĂĚũƵƐƚůĞĚŐĞƌͿϵϭϵ ^LJƐƚĞŵĂƵƚŽŵĂƚŝĐĂůůLJĐĂůĐƵůĂƚĞƐĚĞƉƌĞĐŝĂƚŝŽŶŝŶĂĐĐŽƌĚĂŶĐĞǁŝƚŚƚŚĞĚĞƉƌĞĐŝĂƚŝŽŶŵĞƚŚŽĚĂŶĚĐŽŶǀĞŶƚŝŽŶĚĞƐŝŐŶĂƚĞĚĨŽƌĂŶĂƐƐĞƚϵϮϬ 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WƌŝŽƌŝƚLJϭϮϱϱ WƌŝŽƌŝƚLJϭϰϴϬ dĂƐŬĐŽĚĞƐ;ƐƉĞĐŝĨŝĐƚĂƐŬƐĐŽŵƉůĞƚĞĚƚŽĐŽƌƌĞĐƚƉƌŽďůĞŵͿϭϮϱϲ ĐƚƵĂůƐƚĂƌƚĚĂƚĞϭϰϬϳ ^ĐŚĞĚƵůĞĚƐƚĂƌƚĚĂƚĞϭϮϱϳ ^ƚĂƚƵƐĐŽĚĞϭϮϱϵ ŽŵƉůĞƚŝŽŶĚĂƚĞϭϮϳϬ ƋƵŝƉŵĞŶƚŚŽƵƌƐϭϱϭϲ >ĂďŽƌŚŽƵƌƐϭϱϭϴ >ĂďŽƌŽǀĞƌŚĞĂĚϭϱϮϭ DĂƚĞƌŝĂůƐϭϰϴϵ DĂƚĞƌŝĂůƐϭϱϮϮ KƵƚƐŝĚĞĐŽŶƚƌĂĐƚŽƌƐϭϱϮϯ WĂƌƚƐϭϱϮϰ dŽŽůƐϭϱϮϱ ƐƐŽĐŝĂƚĞĚĨĞĞƐϭϰϵϮ ƐƐŽĐŝĂƚĞĚĨĞĞƐϭϱϮϲ KƚŚĞƌƵƐĞƌͲĚĞĨŝŶĞĚĞůĞŵĞŶƚƐϭϰϵϱ KƚŚĞƌƵƐĞƌͲĚĞĨŝŶĞĚĞůĞŵĞŶƚƐϭϱϮϵ ^LJƐƚĞŵŐĞƚƐĚĂŝůLJďĂŶŬĂĐƚŝǀŝƚLJĂŶĚďĂůĂŶĐĞƐĂŶĚƌĞĐŽŶĐŝůĞƚŽƌĞĐŽƌĚĞĚƌĞĐĞŝƉƚƐĂŶĚĚŝƐďƵƌƐĞŵĞŶƚƐϵϯϯ ^LJƐƚĞŵƉƌŽǀŝĚĞƐĂƵƚŽŵĂƚĞĚĨĞĂƚƵƌĞƐĨŽƌďĂŶŬƌĞĐŽŶĐŝůŝĂƚŝŽŶ;ƉůĞĂƐĞĚĞƐĐƌŝďĞĂůůĨĞĂƚƵƌĞƐŝŶƚŚĞĐŽŵŵĞŶƚƐƐĞĐƚŝŽŶͿϵϯϰ ^LJƐƚĞŵďĂŶŬƌĞĐŽŶĐŝůŝĂƚŝŽŶƉƌŽĐĞƐƐĂĐĐŽŵŵŽĚĂƚĞƐĐƌĞĚŝƚĐĂƌĚƚƌĂŶƐĂĐƚŝŽŶƐƚŚĂƚƉŽƐƚƚŽĚŝĨĨĞƌĞŶƚĚĂLJŝŶďĂŶŬĂŶĚƐLJƐƚĞŵϵϯϱ ^LJƐƚĞŵĂĐĐŽŵŵŽĚĂƚĞƐƌĞĐŽŶĐŝůŝĂƚŝŽŶǀŝĂďĂƚĐŚŽƌƐƵŵŵĂƌLJŽĨƚƌĂŶƐĂĐƚŝŽŶƐϵϯϲ WƌŽĐĞƐƐĐĂŶĐĞůĞĚĐŚĞĐŬƐĨƌŽŵďĂŶŬĨŝůĞĂŶĚĐƌĞĂƚĞůŝƐƚŽĨŽƵƚƐƚĂŶĚŝŶŐĐŚĞĐŬƐϵϯϳ ^LJƐƚĞŵĂůůŽǁƐĚĞƉŽƐŝƚƐƚŽďĞƚĂŐŐĞĚďLJĂƚLJƉĞŽƌĐĂƚĞŐŽƌLJ;ŝ͘Ğ͘ůŽĐĂƚŝŽŶĐŽĚĞ͕ŵĞƌĐŚĂŶƚĂĐĐŽƵŶƚĐŽĚĞ͕ĞƚĐ͘Ϳϵϯϵ 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^LJƐƚĞŵŵĂŝŶƚĂŝŶƐŵƵůƚŝƉůĞĞůŝŐŝďŝůŝƚLJůŝƐƚƐĨŽƌĞĂĐŚĐůĂƐƐŝĨŝĐĂƚŝŽŶŝŶĐůƵĚŝŶŐĂůƚĞƌŶĂƚĞůŝƐƚƐ;ůĂLJͲŽĨĨͬƉƌŽŵŽƚŝŽŶĂůůŝƐƚĨŽƌƉƌŝŽƌŝƚLJŚŝƌŝŶŐͿϭϬϳϭ ZĞĐĞŝƉƚĂŶĚĂĐŬŶŽǁůĞĚŐĞŵĞŶƚŽĨŝƚLJƉŽůŝĐŝĞƐĂŶĚĞŵƉůŽLJĞĞŚĂŶĚŬĚƵƌŝŶŐŽŶďŽĂƌĚŝŶŐϭϬϳϮ ďŝůŝƚLJƚŽƐƵƉƉŽƌƚƉĞƌƐŽŶĂůĞŵĂŝůĂŶĚŝƚLJĞŵĂŝůĨŽƌĂƉƉůŝĐĂŶƚͬŶĞǁŚŝƌĞϭϬϳϯ ^LJƐƚĞŵŚĂƐŽŶďŽĂƌĚŝŶŐƉŽƌƚĂůͬƉĂŐĞĨŽƌǁĞůĐŽŵĞŶŽƚŝĐĞƐ͕ĞƚĐ͘ϭϬϳϰ ^LJƐƚĞŵƐƵƉƉŽƌƚƐƉƌĞͲƌĞƋƵŝƐŝƚĞŶĞǁŚŝƌĞƚƌĂŝŶŝŶŐϭϬϳϱ EĞĞĚƚŽďĞĂďůĞƚŽƌĞƉŽƌƚƚŚƌŽƵŐŚͬǁŝƚŚ ͲsĞƌŝĨLJĂƵƚŽŵĂƚŝĐĂůůLJϭϬϳϲ ^LJƐƚĞŵƐƵƉƉŽƌƚƐĂƵƚŽŵĂƚŝĐũŽďƉŽƐƚŝŶŐ;ƉŽƐƚͲĂƉƉƌŽǀĂůͿƚŽƚŚŝƌĚƉĂƌƚLJƐŝƚĞƐ;ƉůĞĂƐĞůŝƐƚƚŚĞũŽďďŽĂƌĚƐƚŚĂƚƚŚĞƉŽƐƚŝŶŐƐǁŝůůĂƵƚŽŵĂƚŝĐĂůůLJƉŽƐƚƚŽŝŶƚŚĞĐŽŵŵĞŶƚƐͿϭϬϳϴ /ŶƚĞŐƌĂƚŝŽŶǁŝƚŚƐŽĐŝĂůŵĞĚŝĂĨŽƌĂƉƉůŝĐĂƚŝŽŶƉŽŽůͬƌĞĐƌƵŝƚŝŶŐĞ͘Ő͘>ŝŶŬĞĚ/Ŷ͕ĞƚĐ͘ϭϬϴϬ ^ƵƉƉŽƌƚƐĐŽŵŵƵŶŝĐĂƚŝŶŐƚŚƌŽƵŐŚƚĞdžƚƚŚƌŽƵŐŚŽƵƚƌĞĐƌƵŝƚŵĞŶƚƉƌŽĐĞƐƐϭϬϴϭ ^ƵƉƉŽƌƚƐĚŝŐŝƚĂůƐŝŐŶĂƚŽƌLJϭϬϴϮ ďŝůŝƚLJĨŽƌƵƐĞƌƐƚŽďĞĂďůĞƚŽŝŵƉŽƌƚͬĞdžƉŽƌƚĚĂƚĂĨƌŽŵƐLJƐƚĞŵďĂƐĞĚŽŶƉĞƌŵŝƐƐŝŽŶƐϭϬϴϯ ďŝůŝƚLJƚŽƐƵƉƉŽƌƚŵƵůƚŝƉůĞůĂŶŐƵĂŐĞƐϭϬϴϰ ^LJƐƚĞŵŝƐĐŽŵƉůŝĂŶƚϭϬϴϱ ŵƉůŽLJĞĞƐĐĂŶĞŶƚĞƌƚŝŵĞŝŶƐLJƐƚĞŵďLJƉƵŶĐŚͲŝŶ͕ƉƵŶĐŚͲŽƵƚϭϬϴϳ 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ďŝůŝƚLJƚŽƐƵƉƉŽƌƚƐŚŝĨƚŐƵĂƌĂŶƚĞĞĞ͘Ő͘ĨŽƌŽŶĐĂůůͲϮŚŽƵƌŵŝŶŝŵƵŵϭϭϬϬ ďŝůŝƚLJƚŽƐƵƉƉŽƌƚƐƚĂŶĚďLJƉĂLJŵĞŶƚƐ;ĞŵƉůŽLJĞĞŐĞƚƐƉĂŝĚĂĐĞƌƚĂŝŶĂŵŽƵŶƚũƵƐƚĨŽƌďĞŝŶŐŽŶĐĂůůͿϭϭϬϭ ^LJƐƚĞŵŝƐĂďůĞƚŽĂĐĐŽŵŵŽĚĂƚĞŽŶͲĐĂůůŚŽƵƌƐ͗ĂͿϮϰͲŽŶ͕ďͿϭϮͲŽŶϭϭϬϮ ^LJƐƚĞŵŝƐĂďůĞƚŽƚŝĞƚŝŵĞƐŚĞĞƚƚŽƚŚĞƐĞƚƐĐŚĞĚƵůĞŽĨƚŚĞƉŽƐŝƚŝŽŶϭϭϬϯ ^LJƐƚĞŵĂůůŽǁƐĨŽƌƉƌŽũĞĐƚͬĐŽƐƚĂůůŽĐĂƚŝŽŶŽĨĞŵƉůŽLJĞĞŚŽƵƌƐĂŶĚĐĂŶĂůůŽĐĂƚĞďĂƐĞĚŽŶĚĞĨŝŶĞĚŵŝŶŝŵƵŵƚŝŵĞ;Ğ͘Ő͘ƋƵĂƌƚĞƌŚŽƵƌͿϭϭϬϰ ^LJƐƚĞŵĐĂŶƉƌŽǀŝĚĞĂŽŶĞͲƐƚŽƉͲƐŚŽƉĨŽƌĞŵƉůŽLJĞĞƐƚŽĞŶƚĞƌƚŝŵĞĂŶĚůĞĂǀĞƌĞƋƵĞƐƚƐϭϭϬϱ ^LJƐƚĞŵĂůůŽǁƐĞŵƉůŽLJĞĞƐƚŽĞŶƚĞƌƚŝŵĞĨŽƌŵƵůƚŝƉůĞƉŽƐŝƚŝŽŶƐ;ƚŚĞŝƌΗƌĞŐƵůĂƌΗŝƚLJƉŽƐŝƚŝŽŶĂŶĚĂƐĞĂƐŽŶĂůƉŽƐŝƚŝŽŶ͕Ğ͘Ő͘ƉŽůůǁŽƌŬĞƌͿϭϭϬϲ ^LJƐƚĞŵƉƌŽǀŝĚĞƐǁŽƌŬĨůŽǁĨŽƌƌĞǀŝĞǁĂŶĚĂƉƉƌŽǀĂůŽĨƚŝŵĞƐŚĞĞƚƐϭϭϬϵ ^LJƐƚĞŵƉƌŽǀŝĚĞƐĞŵĂŝůŶŽƚŝĨŝĐĂƚŝŽŶƚŚĂƚƚŝŵĞƐŚĞĞƚƐĂƌĞĂǀĂŝůĂďůĞĨŽƌĂƉƉƌŽǀĂůϭϭϭϬ ^LJƐƚĞŵĐĂŶƐĞŶĚĂƚŝŵĞƐŚĞĞƚďĂĐŬƚŽƚŚĞĞŵƉůŽLJĞĞĨŽƌĐŽƌƌĞĐƚŝŽŶǁŝƚŚĐŽŵŵĞŶƚ͘ϭϭϭϭ ^LJƐƚĞŵĐĂŶƐĞŶĚŶŽƚŝĨŝĐĂƚŝŽŶƚŽĞŵƉůŽLJĞĞŝĨŵĂŶĂŐĞƌŵĂŬĞƐĐŚĂŶŐĞƚŽƚŝŵĞƐŚĞĞƚ͘ϭϭϭϮ ^LJƐƚĞŵŝŶƚĞƌĨĂĐĞƐǁŝƚŚƉĂLJƌŽůůƐLJƐƚĞŵƚŽĞůŝŵŝŶĂƚĞƚŚĞŶĞĞĚƚŽŵĂŶƵĂůůLJƵƉůŽĂĚƚŝŵĞĞŶƚƌLJƌĞĐŽƌĚƐϭϭϭϯ 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^LJƐƚĞŵĐĂůĐƵůĂƚĞƐŐĂƌŶŝƐŚŵĞŶƚƐĂƐĨůĂƚĂŵŽƵŶƚƐϭϳϱϵ ^LJƐƚĞŵĐĂůĐƵůĂƚĞƐŐĂƌŶŝƐŚŵĞŶƚƐĂƐƉĞƌĐĞŶƚĂŐĞŽĨĚŝƐƉŽƐĂďůĞŝŶĐŽŵĞϭϳϲϬ 'ĂƌŶŝƐŚŵĞŶƚƐǁŝƚŚŚĞůĚĂŶĚƉĂŝĚƚŽĂƉƉƌŽƉƌŝĂƚĞĂŐĞŶĐLJͬŽƌŐĂŶŝnjĂƚŝŽŶƚŚƌŽƵŐŚĂĐĐŽƵŶƚƐƉĂLJĂďůĞ;ŝŶƚĞŐƌĂƚŝŽŶďĞƚǁĞĞŶŐĂƌŶŝƐŚŵĞŶƚĂŶĚĂĐĐŽƵŶƚƐƉĂLJĂďůĞͿϭϳϲϭ ^LJƐƚĞŵƐƵƉƉŽƌƚƐƌĂƚĞƐĨŽƌƐƉĞĐŝĂůƉĂLJƐ͕ƐŚŝĨƚĚŝĨĨĞƌĞŶƚŝĂůƐ͕ĂŶĚŽƚŚĞƌĂĚĚͲƚŽͲƉĂLJƐĂƐĨůĂƚƌĂƚĞϭϳϲϮ ^LJƐƚĞŵƐƵƉƉŽƌƚƐƌĂƚĞƐĨŽƌƐƉĞĐŝĂůƉĂLJƐ͕ƐŚŝĨƚĚŝĨĨĞƌĞŶƚŝĂůƐ͕ĂŶĚŽƚŚĞƌĂĚĚͲƚŽͲƉĂLJƐĂƐƉĞƌĐĞŶƚĂŐĞŽĨƉĂLJϭϳϲϯ ^ƉĞĐŝĂůƉĂLJͬĂĚĚͲƚŽͲƉĂLJŝƐĐĂůĐƵůĂƚĞĚĂƐĨůĂƚĂŵŽƵŶƚϭϳϲϱ ^ƉĞĐŝĂůƉĂLJͬĂĚĚͲƚŽƉĂLJŝƐĐĂůĐƵůĂƚĞĚĂƐƉĞƌĐĞŶƚĂŐĞŽĨĞůŝŐŝďůĞƉĂLJ;ŝĚĞŶƚŝĨLJĞůŝŐŝďůĞƉĂLJĨŽƌĞĂĐŚƐƉĞĐŝĂůƉĂLJďLJƉĂLJĐŽĚĞͿϭϳϲϲ ^LJƐƚĞŵĂƵƚŽŵĂƚŝĐĂůůLJĂƉƉůŝĞƐƚĂdžĂƚŝŽŶƚŽĞŵƉůŽLJĞĞƐƌĞĐĞŝǀŝŶŐŶŽŶͲĐĂƐŚďĞŶĞĨŝƚƐ;ŐLJŵŵĞŵďĞƌƐŚŝƉ͕ĐŝƚLJĐĂƌ͕ŐŝĨƚĐĂƌĚƐ͕ĞƚĐ͘Ϳϭϳϲϳ ^LJƐƚĞŵŝĚĞŶƚŝĨŝĞƐƉĞŶƐŝŽŶĂďůĞĞĂƌŶŝŶŐƐǀƐ͘ŶŽŶͲƉĞŶƐŝŽŶĂďůĞĞĂƌŶŝŶŐƐϭϳϲϴ ^LJƐƚĞŵĐĂůĐƵůĂƚĞƐůŽŶŐĞǀŝƚLJƉĂLJϭϳϲϵ ^LJƐƚĞŵĐĂůĐƵůĂƚĞƐůŽŶŐĞǀŝƚLJƉĂLJŝŶŽǀĞƌƚŝŵĞƉĂLJϭϳϳϬ ^LJƐƚĞŵŝƐĂďůĞƚŽĂĚũƵƐƚĂĐĐƌƵĂůƌĂƚĞĂŶĚĂĐĐƌƵĂůďĂůĂŶĐĞƐďĂƐĞĚŽŶĂƐĐŚĞĚƵůĞĐŚĂŶŐĞ͕ǁŚŝĐŚŝƐƚŝĞĚƚŽĂƉŽƐŝƚŝŽŶĐŚĂŶŐĞŽƌƉĞƌƐŽŶŶĞůĂĐƚŝŽŶϭϳϳϭ ^LJƐƚĞŵĐĂŶĐŽŶǀĞƌƚĂĐĐƌƵĂůďĂůĂŶĐĞĨƌŽŵƉƌĞǀŝŽƵƐƉŽƐŝƚŝŽŶƚŽŶĞǁƉŽƐŝƚŝŽŶďĂƐĞĚŽŶǁŽƌŬǁĞĞŬϭϳϳϮ ^LJƐƚĞŵƚƌĂĐŬƐůĞĂǀĞĂĐĐƌƵĂůƐĨŽƌƉĂƌƚͲƚŝŵĞďĞŶĞĨŝƚĞĚĞŵƉůŽLJĞĞƐϭϳϳϯ >ĞĂǀĞĂĐĐƌƵĂůƐĐĂŶďĞĚŝĨĨĞƌĞŶƚĨŽƌĞŵƉůŽLJĞĞƐǁŝƚŚĚŝĨĨĞƌĞŶƚLJĞĂƌƐŽĨƐĞƌǀŝĐĞϭϳϳϰ ^LJƐƚĞŵĂĐĐƌƵĞƐůĞĂǀĞĨŽƌĞŵƉůŽLJĞĞƐĚŝĨĨĞƌĞŶƚůLJďĂƐĞĚŽŶƚŚĞŝƌǁŽƌŬƐĐŚĞĚƵůĞ;ϰϬͲŚŽƵƌ͕ϰϮͲŚŽƵƌ͕ϰϮ͘ϱͲŚŽƵƌ͕ϰϮ͘ϴϴͲŚŽƵƌ͕ŽƌϱϲͲŚŽƵƌƐĐŚĞĚƵůĞͿϭϳϳϱ ^LJƐƚĞŵƉƌĞǀĞŶƚƐĞŵƉůŽLJĞĞƐĨƌŽŵĞĂƌŶŝŶŐůĞĂǀĞǁŚĞŶŽŶĂŶƵŶƉĂŝĚƐƚĂƚƵƐĨŽƌƚŚĞĨƵůůƉĂLJƉĞƌŝŽĚϭϳϳϲ ^LJƐƚĞŵĂůůŽǁƐĐĞƌƚĂŝŶůĞĂǀĞƚLJƉĞƐƚŽƌŽůůŽǀĞƌĂĨƚĞƌĂŶĞŵƉůŽLJĞĞƌĞĂĐŚĞƐyLJĞĂƌƐŽĨƐĞƌǀŝĐĞƐ;ŵĂdžŝŵƵŵĂĐĐƌƵĂůƐďLJůĞĂǀĞƚLJƉĞĚŝĨĨĞƌƐďĂƐĞĚŽŶLJĞĂƌƐŽĨƐĞƌǀŝĐĞͿϭϳϳϳ >ĞĂǀĞďĂůĂŶĐĞƐĐĂŶďĞƐĞƚƚŽƌŽůůŽǀĞƌĚĞƉĞŶĚŝŶŐŽŶůĞĂǀĞƚLJƉĞĂƚĞŶĚŽĨĐĂůĞŶĚĂƌLJĞĂƌϭϳϳϴ ^LJƐƚĞŵŚĂƐƚŚĞĂďŝůŝƚLJƚŽĐŽŶǀĞƌƚůĞĂǀĞĨƌŽŵŽŶĞƚLJƉĞŽĨůĞĂǀĞƚŽĂŶŽƚŚĞƌ;ŝ͘Ğ͕͘ĐŽŶǀĞƌƚƐŝĐŬͲůĞĂǀĞƚŝŵĞƚŽǀĂĐĂƚŝŽŶͿǁŝƚŚĂƉƉƌŽǀĂůϭϳϳϵ ĂůĂŶĐĞƐĐĂŶďĞĐĂƉƉĞĚĂƚŵĂdžŝŵƵŵĂŵŽƵŶƚĂƚĂŶLJƚŝŵĞϭϳϴϬ ĂůĂŶĐĞƐĐĂŶďĞĐĂƉƉĞĚĂƚŵĂdžŝŵƵŵĂŵŽƵŶƚĂƚĂŶŶŝǀĞƌƐĂƌLJĚĂƚĞϭϳϴϭ ĂůĂŶĐĞƐĐĂŶďĞĐĂƉƉĞĚĂƚŵĂdžŝŵƵŵĂŵŽƵŶƚŽŶƐƉĞĐŝĨŝĞĚĚĂƚĞϭϳϴϮ ĂůĂŶĐĞƐĐĂŶďĞĐĂƉƉĞĚĂƚŵĂdžŝŵƵŵĂŵŽƵŶƚĂƚĞŶĚŽĨĐĂůĞŶĚĂƌLJĞĂƌϭϳϴϯ ĂůĂŶĐĞƐĐĂŶďĞĐĂƉƉĞĚĂƚĨŝdžĞĚĂŵŽƵŶƚϭϳϴϰ ůůůĞĂǀĞďĂůĂŶĐĞƐĂƌĞƉƌŝŶƚĞĚŽŶƉĂLJƐƚƵďϭϳϴϱ ^LJƐƚĞŵƚƌĂĐŬƐ&D>ůĞĂǀĞϭϳϴϲ ^LJƐƚĞŵƚƌĂĐŬƐ&D>ůĞĂǀĞƚĂŬĞŶŽŶƌŽůůŝŶŐϭϮŵŽŶƚŚĐĂůĞŶĚĂƌϭϳϴϳ ^LJƐƚĞŵĂĐĐŽŵŵŽĚĂƚĞƐďĂĐŬǁĂƌĚƌŽůůŝŶŐĐĂůĞŶĚĂƌƐϭϳϴϴ ^LJƐƚĞŵƚƌĂĐŬƐŵƵůƚŝƉůĞůĞĂǀĞƉĞƌŝŽĚƐ;ŵƵůƚŝƉůĞ&D>ƉĞƌŝŽĚƐǁŝƚŚŝŶƌŽůůŝŶŐĐĂůĞŶĚĂƌͿϭϳϴϵ ^LJƐƚĞŵĂůůŽǁƐĞŵƉůŽLJĞĞƐƚŽƚĂŬĞ&D>ůĞĂǀĞĂŶĚƐŝĐŬůĞĂǀĞ;ŽƌŽƚŚĞƌůĞĂǀĞƚLJƉĞͿĂƚƚŚĞƐĂŵĞƚŝŵĞϭϳϵϬ ^LJƐƚĞŵƉƌŽǀŝĚĞƐǁŽƌŬĨůŽǁĨŽƌŶŽƚŝĨŝĐĂƚŝŽŶĂŶĚĂƉƉƌŽǀĂůŽĨ&D>ůĞĂǀĞϭϳϵϭ ^LJƐƚĞŵƐƚŽƌĞƐŶŽƚĞƐŽŶ&D>ƌĞĐŽƌĚƐϭϳϵϮ ^LJƐƚĞŵƚƌĂĐŬƐůĞĂǀĞƚĂŬĞŶŝŶƚĞƌŵŝƚƚĞŶƚůLJ;ĞdžĂŵƉůĞ͗&D>ůĞĂǀĞƚĂŬĞŶĞǀĞƌLJŽƚŚĞƌĚĂLJŽĨůĞĂǀĞƉĞƌŝŽĚͿϭϳϵϰ ŵƉůŽLJĞĞŶŽƚŝĨŝĐĂƚŝŽŶŽĨǁŚĞŶƚŚĞLJĂƌĞƌĞĂĐŚŝŶŐƚŚĞŝƌĂĐĐƌƵĂůĐĂƉďĞĨŽƌĞƚŚĞLJƌĞĂĐŚŝƚ͘ϭϳϵϱ ^LJƐƚĞŵĐĂƉƐĂĐĐƌƵĞĚǀĂĐĂƚŝŽŶƉĂLJŽƵƚďĂƐĞĚŽŶǁŽƌŬŚŽƵƌƐƉĞƌLJĞĂƌϭϳϵϲ ďŝůŝƚLJƚŽĚŽŶĂƚĞŚŽƵƌƐ;ǀĂĐĂƚŝŽŶ͍Ϳϭϳϵϳ WĂLJƌŽůůƉƌŽĐĞƐƐĞƐďŝͲǁĞĞŬůLJϭϳϵϴ WĂLJƌŽůůƉƌŽĐĞƐƐĞƐƐĞŵŝͲŵŽŶƚŚůLJϭϳϵϵ ^LJƐƚĞŵǁŝůůƌƵŶƉĂLJ͕ĚĞĚƵĐƚŝŽŶ͕ǁŝƚŚŚĞůĚƚĂdžĞƐ͕ĂŶĚŶĞƚƉĂLJĐĂůĐƵůĂƚŝŽŶƐĂƐĂΗƉƌŽŽĨΗƌƵŶĨŽƌƌĞǀŝĞǁƉƌŝŽƌƚŽĨŝŶĂůƉĂLJƌƵŶ͕ĂŶĚĨůĂŐĞdžĐĞƉƚŝŽŶƐϭϴϬϭ ^LJƐƚĞŵǁŝůůĐƵƚƐƉĞĐŝĂůŽƌŝŵŵĞĚŝĂƚĞ;ŽŶͲĚĞŵĂŶĚͿĐŚĞĐŬƐͬ,ͬǁŝƌĞƐ;ǁŝƚŚĂƉƉƌŽƉƌŝĂƚĞƐĞĐƵƌŝƚLJĐŽŶƚƌŽůƐͿϭϴϬϮ ^LJƐƚĞŵĂůůŽǁƐƉŽƐƚŝŶŐŶĞǁĂĚũƵƐƚŵĞŶƚƐͬĐŽƌƌĞĐƚŝŽŶƐĨŽƌĂƉƌŝŽƌƉĞƌŝŽĚĨŽƌƚĂdžƌĞƉŽƌƚŝŶŐϭϴϬϯ ^LJƐƚĞŵĐƌĞĂƚĞƐĂƵƚŽŵĂƚŝĐũŽƵƌŶĂůĞŶƚƌŝĞƐƌĞůĂƚĞĚƚŽƉĞŶƐŝŽŶ͕ŚĞĂůƚŚĐĂƌĞ͕ĞƚĐ͘ŽŶĞĂĐŚƉĂLJƌŽůůƌƵŶϭϴϬϰ ^LJƐƚĞŵƉƌŽĚƵĐĞƐĂĐĐŽƵŶƚƐƉĂLJĂďůĞŝŶǀŽŝĐĞƐ;ŝ͘Ğ͕͘ďĞŶĞĨŝƚƉƌŽǀŝĚĞƌƐ͕ĐŚŝůĚƐƵƉƉŽƌƚƉĂLJŵĞŶƚ͕ƵŶŝŽŶĚƵĞƐͿϭϴϬϱ ^LJƐƚĞŵĂƵƚŽŵĂƚŝĐĂůůLJƉƌŽĚƵĐĞƐƉŽƐŝƚŝǀĞͲƉĂLJͬƉĂLJĞĞƉŽƐŝƚŝǀĞĨŝůĞĨŽƌƚŚĞďĂŶŬĂŶĚ,ĨŝůĞϭϴϬϲ ^LJƐƚĞŵŐĞŶĞƌĂƚĞƐƉĞŶƐŝŽŶĞĂƌŶŝŶŐƐĂŶĚĚĞĚƵĐƚŝŽŶƐƌĞƉŽƌƚϭϴϬϳ ^LJƐƚĞŵŐĞŶĞƌĂƚĞƐ^hdĞĂƌŶŝŶŐƐĂŶĚĚĞĚƵĐƚŝŽŶƐƌĞƉŽƌƚϭϴϬϴ ŶLJƉĂLJƌŽůůƌĞƉŽƌƚŝŶŐƌĞƋƵŝƌĞĚďLJƐƚĂƚĞĂŶĚĨĞĚĞƌĂůŐŽǀĞƌŶŵĞŶƚϭϴϬϵ ZĞƚƌŽƉĂLJĐĂůĐƵůĂƚŝŽŶƵƐĞĚƚŽďĂĐŬĚĂƚĞĂŶĚĐŽƌƌĞĐƚĨŽƌƉĞƌƐŽŶŶĞůĂĐƚŝŽŶƐϭϴϭϬ ZĞƚƌŽƉĂLJĐĂůĐƵůĂƚŝŽŶƵƐĞĚƚŽďĂĐŬĚĂƚĞĂŶĚĐŽƌƌĞĐƚĨŽƌĐŽƌƌĞĐƚŝŽŶƐƚŽĞƌƌŽƌƐϭϴϭϭ ZĞƚƌŽƉĂLJĐĂůĐƵůĂƚŝŽŶƵƐĞĚƚŽďĂĐŬĚĂƚĞĂŶĚĐŽƌƌĞĐƚĨŽƌĐŚĂŶŐĞƐƚŽƚŝŵĞƐŚĞĞƚϭϴϭϮ ZĞƚƌŽƉĂLJĐĂůĐƵůĂƚŝŽŶƵƐĞĚƚŽďĂĐŬĚĂƚĞĂŶĚĐŽƌƌĞĐƚĨŽƌďĂĐŬƉĂLJϭϴϭϯ ZĞƚƌŽƉĂLJǁŝůůĂƵƚŽŵĂƚŝĐĂůůLJĐŽƌƌĞĐƚƐĂůĂƌLJĂŵŽƵŶƚƐϭϴϭϰ ZĞƚƌŽƉĂLJǁŝůůĂƵƚŽŵĂƚŝĐĂůůLJĐŽƌƌĞĐƚƚĂdžĚĞĚƵĐƚŝŽŶƐ;ĂĚĚŝƚŝŽŶĂůŝŶĐŽŵĞƚĂdžǁŝƚŚŚĞůĚͿϭϴϭϱ ZĞƚƌŽƉĂLJǁŝůůĂƵƚŽŵĂƚŝĐĂůůLJĐŽƌƌĞĐƚďĞŶĞĨŝƚĚĞĚƵĐƚŝŽŶƐϭϴϭϲ ZĞƚƌŽƉĂLJǁŝůůĂƵƚŽŵĂƚŝĐĂůůLJĐŽƌƌĞĐƚŐĂƌŶŝƐŚŵĞŶƚƐϭϴϭϳ ZĞƚƌŽƉĂLJǁŝůůĂƵƚŽŵĂƚŝĐĂůůLJĐŽƌƌĞĐƚ&>^ĐĂůĐƵůĂƚŝŽŶƐ;ŽǀĞƌƚŝŵĞͿϭϴϭϴ ^LJƐƚĞŵǁŝůůƌĞƚĂŝŶƉƌĞǀŝŽƵƐƐĂůĂƌLJĂŶĚŚŽƵƌƐĂŶĚĚĂLJƐǁŽƌŬĞĚĚĂƚĂĂŶĚĞĨĨĞĐƚŝǀĞĚĂƚĞƐĨŽƌƵƐĞǁŚĞŶĐĂůĐƵůĂƚŝŶŐƌĞƚƌŽĂĐƚŝǀĞƉĂLJĂĚũƵƐƚŵĞŶƚƐϭϴϭϵ ZĞƚƌŽƉĂLJǁŝůůĂƵƚŽŵĂƚŝĐĂůůLJĐŽƌƌĞĐƚůĞĂǀĞďĂůĂŶĐĞƐϭϴϮϬ ^LJƐƚĞŵƐƵƉƉŽƌƚƐƉŽƐŝƚŝǀĞƉĂLJĨŽƌƉĂLJƌŽůůĐŚĞĐŬƐϭϴϮϭ ^LJƐƚĞŵƐƵƉƉŽƌƚĚŝƌĞĐƚĚĞƉŽƐŝƚĨŽƌƉĂLJƌŽůůϭϴϮϮ ^LJƐƚĞŵƉƌŽǀŝĚĞƐƐĞƚƵƉƚŽƉƌŽǀŝĚĞĚŝƌĞĐƚĚĞƉŽƐŝƚƚŽŵƵůƚŝƉůĞďĂŶŬĂĐĐŽƵŶƚƐďĂƐĞĚŽŶĂŵŽƵŶƚĂŶĚƉĞƌĐĞŶƚĂŐĞϭϴϮϯ ^LJƐƚĞŵƉƌŽĚƵĐĞƐĞůĞĐƚƌŽŶŝĐĨŝůĞƐƚŽƐĞŶĚƚŽďĂŶŬĨŽƌĚŝƌĞĐƚĚĞƉŽƐŝƚϭϴϮϰ ^LJƐƚĞŵƉƌŽĚƵĐĞƐĞůĞĐƚƌŽŶŝĐĨŝůĞƚŽŵƵůƚŝƉůĞďĂŶŬƐĨŽƌĚŝƌĞĐƚĚĞƉŽƐŝƚϭϴϮϱ ^LJƐƚĞŵĂůůŽǁƐďƌŽĂĚĐĂƐƚŵĞƐƐĂŐĞƐǁŚŝĐŚĂƉƉĞĂƌƐŽŶĐŚĞĐŬƐƚƵďƐĨŽƌĂĚĞĨŝŶĞĚŐƌŽƵƉϭϴϮϲ 'ĞŶĞƌĂƚĞƉĞŶƐŝŽŶƌĞƉŽƌƚǁŝƚŚŐƌŽƐƐĂŵŽƵŶƚďLJĞŵƉůŽLJĞĞϭϴϮϳ 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/ŶǀĞŶƚŽƌLJĐĂŶďĞĞŶƚĞƌĞĚŵĂŶƵĂůůLJŽƌŝŵƉŽƌƚĞĚĨƌŽŵŽƚŚĞƌĂƉƉůŝĐĂƚŝŽŶƐ͕ĂŶĚŽƌŝŶƚĞŐƌĂƚĞĚǁŝƚŚŽƚŚĞƌǁĂƌĞŚŽƵƐĞŵĂŶĂŐĞŵĞŶƚƐLJƐƚĞŵƐ;ŝ͘Ğ͕͘ĚŝƌĞĐƚŝŶƚĞŐƌĂƚŝŽŶ͕W/͕ĞƚĐ͘Ϳϭϲϱϰ ^LJƐƚĞŵĂůůŽĐĂƚĞƐƉƵƌĐŚĂƐĞƐĂŶĚƐƚŽĐŬƚŽƚŚĞĨŽůůŽǁŝŶŐ͗ϭϲϱϱ ŚĂƌƚŽĨĂĐĐŽƵŶƚĚŝƐƚƌŝďƵƚŝŽŶϭϲϱϲ tĂƌĞŚŽƵƐĞƐϭϲϱϳ ^LJƐƚĞŵĂƵƚŽŵĂƚŝĐĂůůLJƵƉĚĂƚĞƐŝŶǀĞŶƚŽƌLJŽŶͲŽƌĚĞƌŝŶĨŽƌŵĂƚŝŽŶĂƚƚŚĞƚŝŵĞƚŚĂƚĂƌĞĐĞŝǀŝŶŐƌĞƉŽƌƚŝƐƉƌŽĐĞƐƐĞĚϭϲϱϴ dƌĂĐŬĚŽŶĂƚĞĚŝƚĞŵƐŽƌŽƚŚĞƌŝƚĞŵƐŶŽƚĨƌŽŵƉƵƌĐŚĂƐŝŶŐƐLJƐƚĞŵϭϲϲϬ ďŝůŝƚLJƚŽŝŶĐƌĞĂƐĞŝŶǀĞŶƚŽƌLJůĞǀĞůƐŝŶĂŶĂƉƉƌŽƉƌŝĂƚĞǁĂƌĞŚŽƵƐĞͬƐƚŽƌĂŐĞůŽĐĂƚŝŽŶĞǀĞƌLJƚŝŵĞĂWKŝƚĞŵŝƐƌĞĐĞŝǀĞĚ͘hƉŽŶ'ŽŽĚƐZĞĐĞŝƉƚƌĞǀĞƌƐĂů͕ĂŶŝŶǀĞŶƚŽƌLJƐŚŽƵůĚďĞĚĞĐƌĞĂƐĞĚĂŶĚƐƚŽĐŬŽŶŚĂŶĚƌĞĨ ůĞĐƚĞĚĂĐĐŽƌĚŝŶŐůLJϭϲϲϭ WƌŽǀŝĚĞǀŝƐŝďŝůŝƚLJƚŽŵĂƚĞƌŝĂůƐͬƋƚLJŽŶŽƌĚĞƌ;ƌĞƉůĞŶŝƐŚŵĞŶƚƐͿ͘ŚĂŶŐĞƚŚĞŝƌƋƚLJĨƌŽŵΖŽŶŽƌĚĞƌΖƐƚĂƚƵƐƚŽΖƌĞĐĞŝǀĞĚΖƵƉŽŶŐŽŽĚƌĞĐĞŝƉƚ͘ϭϲϲϮ ďŝůŝƚLJƚŽƉƌŽĐĞƐƐŝŶǀĞŶƚŽƌLJŝƚĞŵƐĨŽƌƌĞƚƵƌŶƚŽǀĞŶĚŽƌ͕ƐĐƌĂƉ͕ĞƚĐ͘ϭϲϲϯ hƉŽŶƌĞĐĞŝƉƚŽĨŐŽŽĚƐƚŚĞƐLJƐƚĞŵĐĂŶƌĞƋƵŝƌĞĐĞƌƚĂŝŶĚĂƚĂƚŽďĞĨŝůůĞĚŝŶ;ŝ͘Ğ͕͘ƋƚLJƌĞĐĞŝǀĞĚ͕ĚĂƚĞͬƚŝŵĞͿ͕ŽƌďĂƐĞĚƵƉŽŶƵƐĞƌĚĞĨŝŶĞĚƉĂƌĂŵĞƚĞƌƐϭϲϲϰ tŚĞŶ/ŶǀĞŶƚŽƌLJŝƐƌĞĐĞŝǀĞĚĂŶŽƚŝĨŝĐĂƚŝŽŶƐŚŽƵůĚďĞƐĞŶƚƚŽƚŚĞƌĞƋƵĞƐƚŽƌŽĨƚŚĞƌĞĐĞŝƉƚŽĨŝƚĞŵƐ͘ϭϲϲϱ tŚĞŶŵĂƚĞƌŝĂůƐĂƌĞƌĞĐĞŝǀĞĚƵƉĚĂƚĞƚŚĞƐƚĂƚƵƐŽĨĂƐƐŽĐŝĂƚĞĚǁŽƌŬŽƌĚĞƌƚŽƉĂƌƚŝĂůŽƌĂůůŵĂƚĞƌŝĂůƌĞĐĞŝǀĞĚ͘ϭϲϲϲ ^LJƐƚĞŵƌĞƋƵŝƌĞƐƌĞƐƚƌŝĐƚĞĚƵƐĞŝƚĞŵƐƚŽŚĂǀĞƵƐĞƌƐƉĞĐŝĨŝĞĚĂƉƉƌŽǀĂůƐďĞĨŽƌĞŝŶǀĞŶƚŽƌLJĐĂŶďĞƌĞůĞĂƐĞĚ;ŝ͘Ğ͘ĐŽŶƚƌŽůůĞĚĚƌƵŐƐƵƐĞĚďLJ,ĞĂůƚŚĞƉĂƌƚŵĞŶƚͿϭϲϲϳ ^LJƐƚĞŵƌĞƐĞƌǀĞƐƐƚŽĐŬŝƚĞŵƐĨŽƌƐƉĞĐŝĨŝĐƉƌŽũĞĐƚƐŽƌǁŽƌŬŽƌĚĞƌƐϭϲϲϴ ^LJƐƚĞŵƌĞƐĞƌǀĞƐƉĂƌƚƐĂŶĚƉƌĞǀĞŶƚƐŽƚŚĞƌƐĨƌŽŵƵƐŝŶŐ͘;ĐƌŝƚŝĐĂůƐƚŽĐŬͿϭϲϲϵ ^LJƐƚĞŵƉƌŽĐĞƐƐĞƐƉĂƌƚŝĂůƉŝĐŬͬŝƐƐƵĞƚŝĐŬĞƚƐŽĨƌĞƐĞƌǀĞĚŝƚĞŵƐǁŚŝůĞŬĞĞƉŝŶŐƚŚĞƌĞŵĂŝŶŝŶŐďĂůĂŶĐĞŽĨŝƚĞŵƐŽŶƌĞƐĞƌǀĞϭϲϳϬ ^LJƐƚĞŵŐĞŶĞƌĂƚĞƐƚƌŝƉͬĚĞůŝǀĞƌLJƚŝĐŬĞƚƐϭϲϳϭ ďŝůŝƚLJƚŽĐƵƐƚŽŵŝnjĞƉŝĐŬĂŶĚƐŚŝƉƚŝĐŬĞƚƐϭϲϳϮ ^LJƐƚĞŵĐĂŶďƵŶĚůĞŝƚĞŵƐŝŶƚŽΗĐĂƌƚƐΗŽƌΗŬŝƚƐΗ;ĐĂƌƚŽƌŬŝƚĐŽŶƐŝƐƚƐŽĨŝƚĞŵƐǁŚŝĐŚĂƌĞĂůǁĂLJƐŽƌĚĞƌĞĚƚŽŐĞƚŚĞƌͲ&ŽƌĞdžĂŵƉůĞ͗ĂůůƐƵƉƉůŝĞƐŶĞĞĚĞĚĨŽƌĂŶŽŝůĐŚĂŶŐĞͿϭϲϳϯ ^LJƐƚĞŵĐĂŶƉůĂĐĞĂĐĂƉŽŶƚŚĞƋƵĂŶƚŝƚLJŽĨĂŶŝƚĞŵƚŚĂƚĐĂŶďĞŝƐƐƵĞĚƚŽĂƌĞƋƵĞƐƚŽƌĚƵƌŝŶŐĂƐƉĞĐŝĨŝĞĚƚŝŵĞƉĞƌŝŽĚϭϲϳϰ ZĞͲŽƌĚĞƌƋƵĂŶƚŝƚŝĞƐĚŽŶŽƚŝŶĐůƵĚĞƌĞƐĞƌǀĞĚƉĂƌƚƐϭϲϳϱ ^LJƐƚĞŵƚƌĂĐŬƐŝƚĞŵƵƐĂŐĞϭϲϳϲ 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hƉŽŶƌĞĐĞŝƉƚŽĨĨŝdžĞĚĂƐƐĞƚƐ͕ĐĞƌƚĂŝŶĨŝĞůĚƐůŝŬĞĐŽŵŵŽĚŝƚLJĐŽĚĞ͕ĚŽůůĂƌĂŵŽƵŶƚ͕ĞƚĐ͘ĂƌĞƌĞƋƵŝƌĞĚϭϳϮϲ ĂƉŝƚĂůĂƐƐĞƚƐĐĂŶďĞƚƌĂĐŬĞĚŝŶŝŶǀĞŶƚŽƌLJ;ĂƐƐĞƚůŽĐĂƚŝŽŶ͕ĚŽůůĂƌǀĂůƵĞ͕ĞƚĐ͘Ϳ ͘Ő͘/WƐϭϳϮϳ ĂƉĂďŝůŝƚLJƚŽĚƌŽƉƐŚŝƉŝƚĞŵƐϭϳϮϴ WƌŽǀŝĚĞƐĂƵƚŽŵĂƚŝĐƐŝŐŶĂůƐŽŶĐĞĂďŝŶůĞǀĞůƌĞĂĐŚĞƐŝƚƐƌĞͲƐƚŽĐŬŝŶŐůĞǀĞůĂŶĚĐƌĞĂƚĞƐƉƵƌĐŚĂƐĞƌĞŽƌĚĞƌƐĂƵƚŽŵĂƚŝĐĂůůLJϭϳϮϵ ďŝůŝƚLJƚŽƌĞƉŽƌƚŽŶŝŶǀĞŶƚŽƌLJƵƐĂŐĞďĂƐĞĚŽŶĐƵƌƌĞŶƚĂŶĚƉƌŝŽƌLJĞĂƌƐϭϳϯϬ ZĞƋƵŝƌĞŵĞŶƚ ZŽǁ ^LJƐƚĞŵĂůůŽǁƐĨŽƌƉƵƌŐĞŽĨĚĂƚĂŽŶĐĞƌĞƚĞŶƚŝŽŶĚĂƚĞƐŚĂǀĞďĞĞŶŵĞƚ;ŝ͘Ğ͘ϲ LJĞĂƌƐͿϭϰ ^LJƐƚĞŵĐĂŶĞdžĞĐƵƚĞďĂƐŝĐĨƵŶĐƚŝŽŶƐǁŚŝůĞŽĨĨůŝŶĞϯϱ ^LJƐƚĞŵŚĂƐƚŚĞĂďŝůŝƚLJƚŽĂĐĐŽŵŵŽĚĂƚĞĞĨĨĞĐƚŝǀĞĚĂƚŝŶŐ ϰϯ ^ĞĐƵƌŝƚLJƐĞƚƚŝŶŐƐĐĂŶďĞƐĞƚƚŽĂůůŽǁƵƐĞƌƐƚŽďĞĂƐƐŝŐŶĞĚƚŽǀŝĞǁŽĨƐƉĞĐŝĨŝĐ ďƵƐŝŶĞƐƐƵŶŝƚƐŽƌĚŝƌĞĐƚƌĞƉŽƌƚƐ;ƐƵƉĞƌǀŝƐŽƌĨŽƌƉĂLJƌŽůůͿϱϳ tŚĞŶǁŽƌŬĨůŽǁŝƐĐŽŵƉůĞƚĞ͕ŶŽƚŝĨŝĐĂƚŝŽŶŝƐƐĞŶƚƚŽĞŵƉůŽLJĞĞĨŽƌĂŶLJƉĂLJ͕ ůĞĂǀĞ͕ŽƌŽƚŚĞƌĂĐƚŝŽŶƐ͕ĂƐƌĞƋƵŝƌĞĚƵŶĚĞƌDEtĂŐĞdŚĞĨƚ>Ăǁ ϵϰ YƵĞƌŝĞƐĐĂŶďĞƐĂǀĞĚǁŝƚŚŝŶƚŚĞƐLJƐƚĞŵ ϭϬϵ ^LJƐƚĞŵĂůůŽǁƐĨŽƌƵƐĞƌͲĚĞĨŝŶĞĚĚĂƐŚďŽĂƌĚƐǁŝƚŚĨůĞdžŝďŝůŝƚLJƚŽĂĚĚͬƐƵďƚƌĂĐƚ ĚĂƚĂͬĐŚĂƌƚƐϭϭϳ ^LJƐƚĞŵďƵĚŐĞƚŝŶŐĐĂƉĂďŝůŝƚŝĞƐĂƌĞĚŝƌĞĐƚůLJŝŶƚĞŐƌĂƚĞĚƚŽƚŚĞ'ĞŶĞƌĂů>ĞĚŐĞƌ ĂŶĚĂůůĂĐĐŽƵŶƚŝŶŐƐƚƌƵĐƚƵƌĞƐ ϭϯϳ dŚĞƐLJƐƚĞŵΖƐďƵĚŐĞƚĂůůŽĐĂƚŝŽŶĐĂƉĂďŝůŝƚŝĞƐĚŝƌĞĐƚůLJŝŶƚĞŐƌĂƚĞĚƚŽƚŚĞ'ĞŶĞƌĂů >ĞĚŐĞƌĂŶĚĂůůĂĐĐŽƵŶƚŝŶŐƐƚƌƵĐƚƵƌĞƐϭϯϴ ^ĞŐŵĞŶƚƐŽĨƚŚĞŚĂƌƚŽĨĐĐŽƵŶƚƐĐĂŶďĞŐƌŽƵƉĞĚŽŶĂƵƐĞƌͲĚĞĨŝŶĞĚďĂƐŝƐ ŝŶƚŽŵƵůƚŝƉůĞƌĞƉŽƌƚŝŶŐŚŝĞƌĂƌĐŚŝĞƐ;ďLJŽďũĞĐƚ͕ĐŽƐƚĐĞŶƚĞƌ͕ĨƵŶĚ͕ĞƚĐ͘Ϳ ϭϰϱ ^LJƐƚĞŵďƵĚŐĞƚĂůůŽĐĂƚŝŽŶĐĂƉĂďŝůŝƚŝĞƐĚŝƌĞĐƚůLJŝŶƚĞŐƌĂƚĞĚƚŽƚŚĞ'ĞŶĞƌĂů >ĞĚŐĞƌϭϲϭ :ŽƵƌŶĂůĞŶƚƌŝĞƐĂƌĞƉŽƐƚĞĚŝŶƌĞĂůͲƚŝŵĞϭϲϰ ^LJƐƚĞŵŚĞůƉƐƵƐĞƌƐŵĂŶĂŐĞ͞ƐĞŐƌĞŐĂƚŝŽŶͲŽĨͲĚƵƚŝĞƐ͕͟ĂŶĚĐĂŶĞŶĨŽƌĐĞ ƐĞŐƌĞŐĂƚŝŽŶŽĨĚƵƚLJƌƵůĞƐ͘ ϭϳϳ ^LJƐƚĞŵŚĂƐƚŚĞĂďŝůŝƚLJƚŽƉƌŽĐĞƐƐĂ͞ƚƌŝĂůƉŽƐƚ͟:ŽƵƌŶĂů ŶƚƌLJ͕ǁŝƚŚŽƵƚƚƌƵůLJ ƉŽƐƚŝŶŐƚŽƚŚĞ'>͕ƐŽƚŚĞƵƐĞƌƐĐĂŶƐĞĞƚŚĞŝŵƉĂĐƚŽĨƚŚĞ: ͕ĂŶĚŝĨƚŚĞƌĞŝƐĂ ŵŝƐƚĂŬĞďĞĨŽƌĞƚŚĞLJĨŝŶĂůŝnjĞ͘ϭϵϯ ^LJƐƚĞŵĂůůŽǁƐĐůŽƐŝŶŐďLJŵŽĚƵůĞƐ;'͕W͕ZͿĂŶĚĐŽŵƉĂŶŝĞƐͬĨƵŶĚƐ ϭϵϱ ^LJƐƚĞŵŚĂƐŵŽŶƚŚͲĞŶĚĐŚĞĐŬůŝƐƚǁŝƚŚĂůůƚŚĞŶĞĞĚĞĚƐƚĞƉƐ;ƐƵĐŚĂƐƉƵůůŝŶŐŝŶ ŝŶǀĞƐƚŵĞŶƚƌĞǀĞŶƵĞͿ͕ƚŽŚĞůƉƵƐĞƌƐĐŽŵƉůĞƚĞĂůůƚŚĞŶĞĞĚĞĚƐƚĞƉƐϭϵϲ ^LJƐƚĞŵĐĂŶƐƵƉƉŽƌƚ͞ŝŶƚĞƌŶĂůďŽƌƌŽǁŝŶŐ͕͟ǁŚĞƌĞŽŶĞĨƵŶĚĐĂŶƌĞĐĞŝǀĞĂ ΗůŽĂŶΗ;ǁŝƚŚĂŶŝŶƚĞƌĞƐƚƌĂƚĞ͕ƚŝŵĞůŝŶĞͿĨƌŽŵĂŶŽƚŚĞƌĨƵŶĚ͕ĂŶĚƚŚĞůŽĂŶĐĂŶ ďĞĂƉƉƌŽǀĞĚďLJŝƚLJŽƵŶĐŝů͘ϮϬϯ dŚĞ 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^LJƐƚĞŵƐƵƉƉŽƌƚƐƉĂƌƚŝĂůƉĂLJŵĞŶƚƐ;ƉĂƌƚŝĂůƉĂLJŵĞŶƚŽĨŝŶǀŽŝĐĞͿϲϲϬ ^LJƐƚĞŵĐĂŶůŝƋƵŝĚĂƚĞĐƌĞĚŝƚƐƚŚĂƚĚŽŶŽƚŚĂǀĞĂĐƚŝǀŝƚLJĨŽƌĂůŽŶŐ;ƵƐĞƌĚĞĨŝŶĞĚͿ ƉĞƌŝŽĚŽĨƚŝŵĞ ϲϲϮ ĨƚĞƌĂƉƉƌŽǀĂů͕ƐĐŚĞĚƵůĞŝŶǀŽŝĐĞƐĨŽƌƉĂLJŵĞŶƚďĂƐĞĚŽŶĚĂƚĞĞŶƚĞƌĞĚďLJW ĐůĞƌŬϲϴϱ ^LJƐƚĞŵƉƌŝŶƚƐĐŚĞĐŬƐĂŶĚͬŽƌ,ƉĂLJŵĞŶƚƐďĂƐĞĚŽŶƌĞŐƵůĂƌƐĐŚĞĚƵůĞ;ŝ͘Ğ͘ ƉĂLJĐLJĐůĞͿ ϲϵϮ ^LJƐƚĞŵƐƵƉƉŽƌƚƐƉŽƐŝƚŝǀĞƉĂLJ;^ƚĂƚƵƐĂŶĚsĞŶĚŽƌEĂŵĞͲWĂLJĞĞWŽƐŝƚŝǀĞͿϳϬϰ ^LJƐƚĞŵĞŶƐƵƌĞƐƐĞƌǀŝĐĞĚĂƚĞĨŝĞůĚŝƐĂǀĂŝůĂďůĞŽŶƚŚĞŝŶǀŽŝĐĞƐĞĐƚŝŽŶϳϬϱ ^LJƐƚĞŵĐĂŶƚƌĂĐŬĂŶĚƌĞŝŵďƵƌƐĞŵƵůƚŝƉůĞƚLJƉĞƐŽĨƌĞŝŵďƵƌƐĞŵĞŶƚƐ͕;ŝ͘Ğ͘ ƚƌĂǀĞů͕ƚƌĂŝŶŝŶŐ͕ŵŝůĞĂŐĞ͕ƵŶŝĨŽƌŵ͕ĞƚĐ͘;ŽǀĞƌůĂƉƉŝŶŐŽǀĞƌLJĞĂƌͲĞŶĚͿ ϳϭϯ ^LJƐƚĞŵĐĂŶĂƵƚŽŵĂƚŝĐĂůůLJĐĂůĐƵůĂƚĞƌĞƚĞŶƚŝŽŶĂŵŽƵŶƚĂŶĚƌĞŵŽǀĞŝƚĨƌŽŵĂŶ ŝŶǀŽŝĐĞ;ďĂƐĞĚŽŶƵƐĞƌĚĞĨŝŶĞĚĐƌŝƚĞƌŝĂͿϳϭϱ ^LJƐƚĞŵĐĂŶĂƵƚŽŵĂƚŝĐĂůůLJĂƉƉůLJƌĞƚĞŶƚŝŽŶĂŵŽƵŶƚƐƚŽŐƌĂŶƚƉĂLJŵĞŶƚƐ ϳϭϲ ^LJƐƚĞŵĐĂŶĂƵƚŽŵĂƚŝĐĂůůLJĂƉƉůLJƌĞƚĞŶƚŝŽŶĂŵŽƵŶƚƐƚŽŝŶǀŽŝĐĞƉĂLJŵĞŶƚƐ ǀĞŶĚŽƌĨŝůĞϳϭϳ ^LJƐƚĞŵĐĂŶĂƵƚŽŵĂƚŝĐĂůůLJĂƉƉůLJƌĞƚĞŶƚŝŽŶĂŵŽƵŶƚƐƚŽŝŶǀŽŝĐĞƉĂLJŵĞŶƚƐĨƌŽŵ ĐŽŶƚƌĂĐƚ ϳϭϴ ^LJƐƚĞŵĐĂŶĂƵƚŽŵĂƚŝĐĂůůLJĂƉƉůLJƌĞƚĞŶƚŝŽŶĂŵŽƵŶƚƐƚŽŝŶǀŽŝĐĞƉĂLJŵĞŶƚƐĨƌŽŵ ĂƉƵƌĐŚĂƐĞŽƌĚĞƌϳϭϵ ^LJƐƚĞŵĐĂŶƌĞůĞĂƐĞƌĞƚĞŶƚŝŽŶďLJĂŵŽƵŶƚϳϮϭ ^LJƐƚĞŵĂůůŽǁƐƵƐĞƌƚŽĐĂŶĐĞůǁĂƌƌĂŶƚĂŶĚƐLJƐƚĞŵŵĂŬĞƐĂůůĐŽƌƌĞĐƚ ĂĐĐŽƵŶƚŝŶŐĞŶƚƌŝĞƐƚŽƌĞǀĞƌƐĞƉĂLJŵĞŶƚ͕ŝŶĐůƵĚŝŶŐĐŽŶƚƌĂĐƚďĂůĂŶĐĞƐ ϳϮϮ ^LJƐƚĞŵĂůůŽǁƐƵƐĞƌƐƚŽĐĂŶĐĞůƉƌŝŽƌLJĞĂƌĐŚĞĐŬƐĂŶĚŽŶůLJǀŽŝĚĐƵƌƌĞŶƚLJĞĂƌ ĐŚĞĐŬƐĂŶĚĂƵƚŽŵĂƚŝĐĂůůLJĐƌĞĚŝƚďĂĐŬĚĞƐŝŐŶĂƚĞĚĂĐĐŽƵŶƚƐϳϮϰ ^LJƐƚĞŵŐĞŶĞƌĂƚĞƐϭϬϵϵŽŶͲĚĞŵĂŶĚϳϮϳ ^LJƐƚĞŵƐƵƉƉŽƌƚƐŵƵůƚŝͲLJĞĂƌĨƵŶĚŝŶŐƐŽƵƌĐĞďƵĚŐĞƚŝŶŐ ϳϰϰ dŚĞƐLJƐƚĞŵƉƌŽǀŝĚĞƐĐĂƉĂďŝůŝƚŝĞƐƚŽŵĂŶĂŐĞǀĞƌƐŝŽŶŝŶŐĂŶĚůŝŶĞͲŝƚĞŵ ďƵĚŐĞƚĂƌLJƌĞƋƵĞƐƚƐ͘ϳϰϴ DƵůƚŝƉůĞĨƵŶĚŝŶŐƐŽƵƌĐĞƐĨŽƌĂƐŝŶŐůĞůŝŶĞŝƚĞŵĂƌĞƚƌĂĐŬĞĚǁŝƚŚŝŶƚŚĞƐLJƐƚĞŵ͘ ϳϰϵ dŚĞƐLJƐƚĞŵĐĂŶƐŚŽǁďƵĚŐĞƚĚĂƚĂƵƐŝŶŐǀŝƐƵĂůŝnjĂƚŝŽŶƚŽŽůƐ;ŝ͘Ğ͘ĐŚĂƌƚƐ͕ŐƌĂĨƚƐ͕ ŵĂƉƐͿϳϱϬ dŚĞƐLJƐƚĞŵĐĂŶŵĂŶĂŐĞŶŽŶͲĨŝŶĂŶĐŝĂůĚĞĐŝƐŝŽŶͲŵĂŬŝŶŐǀĂƌŝĂďůĞƐ;ŝ͘Ğ͘&d Ɛ͕ <W/Ɛ͕ĞƚĐ͘ͿƌĞůĂƚŝŶŐƚŽďƵĚŐĞƚŝŶŐϳϱϭ dŚĞƐLJƐƚĞŵĐĂŶƐƉůŝƚƌĞǀĞŶƵĞƐĂŶͬŽƌĞdžƉĞŶƐĞƐďĞƚǁĞĞŶŵƵůƚŝƉůĞƵƐŝŶĞƐƐ hŶŝƚƐĂŶͬŽƌ&ƵŶĚƐͲͲĂŶĚ ϳϱϮ dŚĞƐLJƐƚĞŵĐĂŶŵĂŬĞĂůůŽĐĂƚĞƐďĂƐĞĚŽŶĂƵƐĞƌͲĚĞĨŝŶĞĚƉĞƌĐĞŶƚĂŐĞ͘ϳϱϯ dŚĞƐLJƐƚĞŵƚŽĐĂůĐƵůĂƚĞƵƐĞƌͲĚĞĨŝŶĞĚƐƉůŝƚƐǁŝƚŚŝŶďƵƐŝŶĞƐƐƵŶŝƚƐϳϱϰ ^LJƐƚĞŵĐĂŶƚƌĂĐŬďƵĚŐĞƚƌĞƋƵĞƐƚƐĂƚƚŚĞůŝŶĞͲŝƚĞŵůĞǀĞů͘ϳϱϱ ^LJƐƚĞŵĂůůŽǁƐĚĞƉĂƌƚŵĞŶƚƐƚŽŝŶĐůƵĚĞŶĂƌƌĂƚŝǀĞƐŝŶƚŚĞŝƌďƵĚŐĞƚƌĞƋƵĞƐƚƐ ϳϱϳ ^LJƐƚĞŵĂůůŽǁƐƵƐĞƌƐƚŽƐĞĞƉƌŝŽƌLJĞĂƌďƵĚŐĞƚĞĚĂŵŽƵŶƚƐĂŶĚƉƌŝŽƌLJĞĂƌ ĂĐƚƵĂůƐŝŶďƵĚŐĞƚŵŽĚƵůĞ;ĂĚŽƉƚĞĚďƵĚŐĞƚĂŶĚďƵĚŐĞƚĂĚũƵƐƚŵĞŶƚƐƐŝĚĞͲďLJͲ ƐŝĚĞͿ ϳϲϬ ^LJƐƚĞŵĂůůŽǁƐĚĂƚĂĞŶƚƌLJĂŶĚƌĞƉŽƌƚŝŶŐŽŶ<W/Ɛ ϳϲϵ ƵĚŐĞƚƌĞƋƵĞƐƚƐŽŶĚĞĐŝƐŝŽŶƉĂĐŬĂŐĞƐĐĂŶĂĐĐŽŵŵŽĚĂƚĞǀĂƌŝĂďůĞƐƐƵĐŚĂƐ ĨƌŝŶŐĞďĞŶĞĨŝƚй͕ůŽĐŬĞĚŝŶĨůĂƚŝŶƐƵƌĂŶĐĞĂŵŽƵŶƚƐ͕ĂŶĚͬŽƌƐƉĞĐŝĨŝĐƐƚĂƌƚƵƉ ĐŽƐƚƐ͘ϳϳϲ ƵĚŐĞƚƌĞƋƵĞƐƚƐĐĂŶďĞŝĚĞŶƚŝĨŝĞĚĂƐƐƵƉƉůĞŵĞŶƚĂůƌĞƋƵĞƐƚƐ ϳϳϳ ƵĚŐĞƚƌĞƋƵĞƐƚƐ;ĚĞĐŝƐŝŽŶƉĂĐŬĂŐĞƐͿĐĂŶďĞƉƌŝŽƌŝƚŝnjĞĚ ϳϳϴ dŚĞƐLJƐƚĞŵĐĂŶůŽĐŬƚŚĞďƵĚŐĞƚƌĞƋƵĞƐƚĞĚďĂƐĞĚŽŶƚŚĞŽďũĞĐƚĐŽĚĞ͘ϳϴϳ dŚĞƐLJƐƚĞŵĐĂŶƉƵůůŽƵƚŽŶĞͲƚŝŵĞďƵĚŐĞƚƌĞƋƵĞƐƚƐ͘ϳϴϴ ^LJƐƚĞŵƚƌĂĐŬƐƉĞƌĨŽƌŵĂŶĐĞŵĞĂƐƵƌĞƐŽŶĞĂĐŚƉƌŽŐƌĂŵ ϳϵϮ ĞƉĂƌƚŵĞŶƚͲůĞǀĞůďƵĚŐĞƚƌĞƋƵĞƐƚƉĂĐŬĂŐĞƐĐĂŶďĞƌŽůůĞĚŝŶƚŽĂŶĚ ŽƌŐĂŶŝnjĂƚŝŽŶͲǁŝĚĞďƵĚŐĞƚ͕ĂŶĚƐƚŝůůĂůůŽǁĨƵƚƵƌĞĂĚĚŝƚŝŽŶƐĂĨƚĞƌƚŚĞŝŶŝƚŝĂůƌŽůůͲ ƵƉϳϵϰ ^LJƐƚĞŵĐĂŶƉƌŽĚƵĐĞĂůůŶĞĐĞƐƐĂƌLJƌĞƉŽƌƚƐĨŽƌĂƚƌĂĚŝƚŝŽŶĂůůŽĐĂůŐŽǀĞƌŶŵĞŶƚ ďƵĚŐĞƚŬĨŽƌŵĚĂƚĂǁŝƚŚŝŶƚŚĞƐLJƐƚĞŵ ϴϬϯ ƵĚŐĞƚŬĚĂƚĂĐĂŶĞdžƉŽƌƚĞĚĂŶĚͬŽƌůŝŶŬĞĚƚŽƚƌĂĚŝƚŝŽŶĂůďƵĚŐĞƚŬ ĚŽĐƵŵĞŶƚŽƌƉƵďůŝĐͲĨĂĐŝŶŐĨŝŶĂŶĐŝĂůƚƌĂŶƐƉĂƌĞŶĐLJƉŽƌƚĂůƐϴϬϰ ^LJƐƚĞŵƐƵƉƉŽƌƚƐĚĞǀĞůŽƉŵĞŶƚŽĨĂŵƵůƚŝͲLJĞĂƌĐĂƉŝƚĂůŝŵƉƌŽǀĞŵĞŶƚƉůĂŶ͕ƵƉ ƚŽϭϬLJĞĂƌƐϴϬϲ ^LJƐƚĞŵĂůůŽǁƐĐĂƚĞŐŽƌŝnjĂƚŝŽŶŽĨĐĂƉŝƚĂůƉƌŽũĞĐƚƐďLJĂƌĞĂ;Ğ͘Ő͕͘ĐƵƌƌĞŶƚĐĂƉŝƚĂů ŝŵƉƌŽǀĞŵĞŶƚƉůĂŶĐĂƚĞŐŽƌŝĞƐͿ ϴϬϴ ^LJƐƚĞŵƉƌŽũĞĐƚƐĂŶĚďƵĚŐĞƚƐƚĂdžĂŶĚďĞŶĞĨŝƚĐŽƐƚƐďĂƐĞĚŽŶƉŽƐŝƚŝŽŶƐĂůĂƌLJ ƌĂŶŐĞĂŶĚĚĞĨĂƵůƚďĞŶĞĨŝƚĞůĞĐƚŝŽŶƐϴϭϳ ^LJƐƚĞŵĐĂŶĐĂůĐƵůĂƚĞŵĞƌŝƚƉĂLJ;ĂŶĚŽƚŚĞƌƐƉĞĐŝĂůƉĂLJŽƵƚƐͿŽŶĐĞƌƚĂŝŶƐƚĞƉ ĐŚĂŶŐĞƐĚŝĐƚĂƚĞĚďLJƵŶŝŽŶĐŽŶƚƌĂĐƚƐ ϴϮϮ ^LJƐƚĞŵĐĂůĐƵůĂƚĞƐŚŽůŝĚĂLJŽƌĐŽŵƉďƵLJŽƵƚŽŶƉƌŝŽƌLJĞĂƌƉƌŽũĞĐƚŝŽŶƐĨŽƌĞĂĐŚ ƐƉĞĐŝĨŝĐƵŶŝŽŶĐŽŶƚƌĂĐƚϴϮϯ ^LJƐƚĞŵƌĞĐŽŐŶŝnjĞƐůŝŵŝƚĞĚͲƚĞƌŵ&d ΖƐƚŚĂƚĂƌĞŶŽƚƉĂƌƚŽĨƚŚĞĂƉƉƌŽǀĞĚ&d ĐŽƵŶƚ͕ ϴϮϱ ^LJƐƚĞŵĐĂŶƌĞŵŽǀĞůŝŵŝƚĞĚͲƚĞƌŵ&d ƐĨƌŽŵƚŚĞĨƵƚƵƌĞƉƌŽũĞĐƚŝŽŶƐĂŶĚ ĞŵƉůŽLJĞĞƐĞƌǀŝĐĞĐĂůĐƵůĂƚŝŽŶƐͿϴϮϲ ^LJƐƚĞŵƌĞĐŽŐŶŝnjĞƐĂƉƉƌŽǀĞĚ&d ƉŽƐŝƚŝŽŶƐƚŚĂƚĂƌĞŽŶŵŝůŝƚĂƌLJůĞĂǀĞĂŶĚ ƌĞĐŽŐŶŝnjĞƐƚŚĞŵƐƚŝůůĂƐĂĐƚŝǀĞƉŽƐŝƚŝŽŶƐĚƵƌŝŶŐƚŚĞďƵĚŐĞƚƉƌŽĐĞƐƐ͘ ϴϮϳ ^LJƐƚĞŵƌĞĐŽŐŶŝnjĞƐĂƉƉƌŽǀĞĚŽƉĞŶ&d ΖƐĂŶĚĐĂůĐƵůĂƚĞƐƚŚĞŝƌƐƚĂƌƚŝŶŐƐĂůĂƌLJ ďĂƐĞĚŽŶƚŚĞŝƌĚĞƐŝŐŶĂƚĞĚƐƚĞƉŝŶĐůƵĚŝŶŐŝŶƐƵƌĂŶĐĞĂŶĚďĞŶĞĨŝƚƐϴϮϴ ^LJƐƚĞŵŚĂƐƚŚĞĂďŝůŝƚLJƚŽĨůĂŐ;ǁĂƌŶͿĂŶLJŵŽǀĞŵĞŶƚŽĨƉŽƐŝƚŝŽŶƐďĞƚǁĞĞŶ ĨƵŶĚƐ;ŝ͘Ğ͘ƉŽƐŝƚŝŽŶ͕ŶŽƚĞŵƉůŽLJĞĞ͕ŝƐŵŽǀĞĚĨƌŽŵŐĞŶĞƌĂůĨƵŶĚƚŽĞŶƚĞƌƉƌŝƐĞ ĨƵŶĚͿ ϴϯϱ ^LJƐƚĞŵĐĂŶďĞƵƐĞĚƚŽƉƌŽũĞĐƚƌĞǀĞŶƵĞƐĂŶĚĞdžƉĞŶƐĞƐ;Ğ͘Ő͘ďŽƚŚĂĚŽƉƚĞĚĂŶĚ ĂĚũƵƐƚĞĚďƵĚŐĞƚƐͿϴϯϳ dŚĞ ZWƐLJƐƚĞŵĐĂŶĂƐƐŝƐƚǁŝƚŚĚĞƚĞƌŵŝŶŝŶŐĨƵƚƵƌĞdĂdžZĂƚĞƐ;ŝ͘Ğ͘>ĞǀĞƌĂŐŝŶŐ ŚŝƐƚŽƌŝĐĂůĚĂƚĂƚŽŐĞŶĞƌĂƚŝŶŐĨŽƌĞĐĂƐƚĨŽƌĨƵƚƵƌĞƚĂdžƌĂƚĞƐͿ ϴϰϭ dŚĞƐLJƐƚĞŵĐĂŶŵĂŶĂŐĞĂƚǁŽͲLJĞĂƌďƵĚŐĞƚ͕ƌŽůůƚŚĞĐŚĂŶŐĞ͕ĂŶĚĂĚũƵƐƚĨŽƌƚŚĞ ƐĞĐŽŶĚLJĞĂƌǁŝƚŚŝŶƚŚĞƐLJƐƚĞŵ͘ϴϰϮ dŚĞƐLJƐƚĞŵĐĂŶƌŽůůĚĂƚĞƐ;ŝ͘ĞďĞŶĞĨŝƚĂůůŽĐĂƚŝŽŶƐͿĨƌŽŵŽŶĞLJĞĂƌƚŽƚŚĞŶĞdžƚ͘ ϴϰϯ dŚĞƐLJƐƚĞŵĐĂŶƐƵƉƉŽƌƚĚŝĨĨĞƌĞŶƚƐĐĞŶĂƌŝŽƐĨŽƌLJĞĂƌƐŽŶĞĂŶĚƚǁŽ͘ ϴϰϰ ^LJƐƚĞŵĂůůŽǁƐĚĞƉĂƌƚŵĞŶƚƐƚŽƌĞĂĐƚŝǀĂƚĞŽƌďƌŝŶŐĨŽƌǁĂƌĚĂŐĂŝŶĚĞŶŝĞĚ ĚĞĐŝƐŝŽŶƉĂĐŬĂŐĞƐĨƌŽŵƉƌŝŽƌLJĞĂƌƐϴϰϵ ^LJƐƚĞŵĂůůŽǁƐƵƐĞƌƐ;ǁŝƚŚƉƌŽƉĞƌƐĞĐƵƌŝƚLJͿƚŽĐŚĂŶŐĞĨƵŶĚŝŶŐƐŽƵƌĐĞĂĨƚĞƌ ĨŝŶĂůŝnjĂƚŝŽŶ ϴϱϬ ^LJƐƚĞŵƚƌĂĐŬƐƚŚĞĂƚĂůŽŐŽĨ&ĞĚĞƌĂůŽŵĞƐƚŝĐƐƐŝƐƚĂŶĐĞ;&ͿŶƵŵďĞƌƚŽ ƚŚĞĂƐƐĞƚϴϲϱ ^LJƐƚĞŵƉƌŽǀŝĚĞƐďĂƌĐŽĚĞƚĞĐŚŶŽůŽŐLJĨŽƌĂƐƐĞƚŝĚĞŶƚŝĨŝĐĂƚŝŽŶĂŶĚŝŶǀĞŶƚŽƌLJ ϴϳϬ ^LJƐƚĞŵŝŶƚĞŐƌĂƚĞƐƚŽŝƚLJ'/^ƉůĂƚĨŽƌŵĨŽƌĂƐƐĞƚůŽĐĂƚŝŽŶĂŶĚͬŽƌĚĞƐĐƌŝƉƚŝŽŶƐϴϳϮ 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ďŝůŝƚLJƚŽŝŶĚŝĐĂƚĞƉƌĞǀĞŶƚŝǀĞŵĂŝŶƚĞŶĂŶĐĞǁŽƌŬŽƌĚĞƌƐƚŚĂƚĂƌĞĚĞůŝŶƋƵĞŶƚϵϵϵ ďŝůŝƚLJƚŽĐƌĞĂƚĞĂŵĂƐƚĞƌůŝƐƚŽĨƐĐŚĞĚƵůĞĚƉƌĞǀĞŶƚŝǀĞŵĂŝŶƚĞŶĂŶĐĞĂĐƚŝǀŝƚŝĞƐ ĚƵĞŝŶĂƐĞůĞĐƚĞĚƉĞƌŝŽĚ ϭϬϬϬ ďŝůŝƚLJƚŽŵŽǀĞƐĐŚĞĚƵůĞĚƉƌĞǀĞŶƚŝǀĞŵĂŝŶƚĞŶĂŶĐĞǁŚĞŶĚŽǁŶƚŝŵĞŽƌ ŽƵƚĂŐĞƐƉƌĞƐĞŶƚƉĞƌĨŽƌŵĂŶĐĞŽƉƉŽƌƚƵŶŝƚŝĞƐϭϬϬϭ ďŝůŝƚLJƚŽƌĞĐŽƌĚƵŶĚŽŶĞƉƌĞǀĞŶƚĂƚŝǀĞŵĂŝŶƚĞŶĂŶĐĞĨŽƌŝŵŵĞĚŝĂƚĞĨŽůůŽǁƵƉ ŽƌĚĞůĂLJƵŶƚŝůŶĞdžƚƌĞŐƵůĂƌůLJƐĐŚĞĚƵůĞĚŵĂŝŶƚĞŶĂŶĐĞĂĐƚŝǀŝƚLJϭϬϬϮ ^LJƐƚĞŵĂůůŽǁƐƚƌŝŐŐĞƌƐĨƌŽŵĞdžƚĞƌŶĂůƐLJƐƚĞŵƐƚŽĐƌĞĂƚĞƉƌĞǀĞŶƚĂƚŝǀĞ ŵĂŝŶƚĞŶĂŶĐĞǁŽƌŬŽƌĚĞƌƐ͘;ŝ͘Ğ͘KͲƌŝŶŐĨĞĞĚƐĚĂƚĂďĂƐĞĚŽŶŵŝůĞĂŐĞĂŶĚͬŽƌ ĨƵĞůĐŽƐƚƐƚŽĐƌĞĂƚĞĂǁŽƌŬŽƌĚĞƌͿ ϭϬϬϯ ďŝůŝƚLJƚŽƚƌĂĐŬƚŚĞĨŽůůŽǁŝŶŐƌĞƐŽƵƌĐĞƵƐĂŐĞƚŽĂǁŽƌŬŽƌĚĞƌ͗ϭϬϬϰ WĞƌŵŝƚƐĂŶĚĐĞƌƚŝĨŝĐĂƚŝŽŶƐϭϬϭϯ ďŝůŝƚLJƚŽƌĞƉŽƌƚĂĐƚŝǀŝƚLJďLJƌĞůĞǀĂŶƚƐƚĂƚŝƐƚŝĐ;Ğ͘Ő͕͘ŵĞƚĞƌƐƌĞĂĚ͕ĞƚĐ͘Ϳ͘ ϭϬϭϱ ďŝůŝƚLJƚŽƐĐŚĞĚƵůĞĂŶĚƉƌŝŽƌŝƚŝnjĞƌĞƐŽƵƌĐĞƐ͘ ϭϬϭϲ ^LJƐƚĞŵĐĂŶŚĂŶĚůĞΗŝŶƚĞƌŶĂůĐŚĂƌŐĞͲŽƵƚƌĂƚĞƐΗďĂƐĞĚŽŶƚŚĞ͞ƚƌĂĚĞ͟ŽĨƚŚĞ ƐƚĂĨĨĚŽŝŶŐƚŚĞǁŽƌŬ;ŝ͘Ğ͘ŵĞĐŚĂŶŝĐ͕ƉůƵŵďĞƌ͕ĞƚĐ͘ͿĂŶĚĐĂŶďĞŵĂŶƵĂůůLJ ĂĚũƵƐƚĞĚ͘ ϭϬϭϳ ďŝůŝƚLJƚŽĨŽƌŵĂůůLJĐůŽƐĞĂǁŽƌŬŽƌĚĞƌ ϭϬϭϴ ďŝůŝƚLJƚŽƉĂƌƚŝĂůůLJĐůŽƐĞĂǁŽƌŬŽƌĚĞƌ͖ůĞĂǀŝŶŐŽƉĞŶŽŶůLJƚŽƵƉĚĂƚĞƌĞƐŽƵƌĐĞ ƵƐĂŐĞ͘ϭϬϭϵ ^LJƐƚĞŵĚŽĞƐŶŽƚĂůůŽǁĨŽƌŵĂůǁŽƌŬŽƌĚĞƌĐůŽƐĞƵŶƚŝůĂůůƌĞůĂƚĞĚƚĂƐŬƐĂƌĞ ĐŽŵƉůĞƚĞĚ ϭϬϮϬ ^LJƐƚĞŵŚĂƐƚŚĞĂďŝůŝƚLJƚŽŐĞŶĞƌĂƚĞĂĨůĂƚĨĞĞŝŶĂƐƐŽĐŝĂƚŝŽŶǁŝƚŚƚŚĞǁŽƌŬ ŽƌĚĞƌ;ŝ͘Ğ͕͘ĐŚĂƌŐĞĨŽƌƐĞƌǀŝĐĞͿ ϭϬϮϭ ^LJƐƚĞŵĂůůŽǁƐϰϱĚĂLJƐ;ŽƌƵƐĞƌĚĞĨŝŶĞĚŐƌĂĐĞƉĞƌŝŽĚͿƚŽƉĂLJŝŶǀŽŝĐĞƐĂĨƚĞƌ ǁŽƌŬŽƌĚĞƌŚĂƐďĞĞŶĐůŽƐĞĚϭϬϮϮ ďŝůŝƚLJƚŽƉƵůůĂƌĞƉŽƌƚƐŚŽǁŝŶŐĂŵĞĐŚĂŶŝĐƐƚŝŵĞǁŽƌŬĞĚĂŶĚǁŽƌŬŽƌĚĞƌƐĨŽƌ ĂƐƉĞĐŝĨŝĐƉĞƌŝŽĚŽĨƚŝŵĞ ϭϬϮϯ ďŝůŝƚLJƚŽĂĚĚĂƚƚĂĐŚŵĞŶƚƐƚŽĐƵƐƚŽŵĞƌĨŝůĞͬďŝůůͬƉĂLJŵĞŶƚƐϭϬϮϰ ^LJƐƚĞŵƐƵƉƉŽƌƚƐǁƌŝƚĞͲŽĨĨƉƌŽĐĞƐƐďĂƐĞĚŽŶǁŽƌŬĨůŽǁĂƉƉƌŽǀĂůĂŶĚĐŝƚLJƌƵůĞƐϭϬϮϱ ƵƐƚŽŵĞƌĨŝůĞŝƐƐŚĂƌĞĚǁŝƚŚǀĞŶĚŽƌĨŝůĞƵƐĞĚĨŽƌƉƵƌĐŚĂƐŝŶŐĂŶĚĂĐĐŽƵŶƚƐ ƉĂLJĂďůĞ ϭϬϮϲ ^ŝŶŐůĞĐƵƐƚŽŵĞƌŵĂƐƚĞƌĨŝůĞŝƐƵƐĞĚĨŽƌĂůůƌĞĐĞŝǀĂďůĞƐŝŶƚŚĞƐLJƐƚĞŵϭϬϮϳ ^LJƐƚĞŵƉƌŽǀŝĚĞƐĚĞĐĞŶƚƌĂůŝnjĞĚĐƵƐƚŽŵĞƌĞŶƚƌLJĐĂƉĂďŝůŝƚŝĞƐĂŶĚĂĂƵƚŽŵĂƚĞĚ ƌĞǀŝĞǁƉƌŽĐĞƐƐĨŽƌĐƵƐƚŽŵĞƌĞŶƚƌLJ;ǁŝƚŚǁŽƌŬĨůŽǁĚƌŝǀĞŶĂƉƉƌŽǀĂůͿ ϭϬϮϴ ^LJƐƚĞŵĐĂŶĚĞĨŝŶĞƚŚĞĚŽĐƵŵĞŶƚĂƚŝŽŶƌĞƋƵŝƌĞĚďĂƐĞĚŽŶƚŚĞƚLJƉĞŽĨ ĐƵƐƚŽŵĞƌ͕ŽƌƉƵƌĐŚĂƐĞƚLJƉĞϭϬϮϵ ^LJƐƚĞŵƉƌŽǀŝĚĞƐĐƵƐƚŽŵĞƌŝŶĨŽƌŵĂƚŝŽŶŝŶĐůƵĚŝŶŐĂĚĚƌĞƐƐ͕ŵƵůƚŝƉůĞƉŚŽŶĞ 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^LJƐƚĞŵĂůůŽǁƐĚĞĐĞŶƚƌĂůŝnjĞĚĐĂƐŚƌĞĐĞŝƉƚŝŶŐϭϬϴϭ ^LJƐƚĞŵŐĞŶĞƌĂƚĞƐĚĞƉŽƐŝƚƐůŝƉƐĨŽƌƚŚĞďĂŶŬϭϬϴϮ ^LJƐƚĞŵƌŽƵƚĞƐĚĞƉŽƐŝƚƐůŝƉĨŽƌǁŽƌŬĨůŽǁĂƉƉƌŽǀĂůϭϬϴϯ ^LJƐƚĞŵĂƉƉůŝĞƐŽŶĞƉĂLJŵĞŶƚƚŽŵƵůƚŝƉůĞƌĞĐĞŝǀĂďůĞƐ ϭϬϴϰ ^LJƐƚĞŵĐĂŶƐĞƚƉƌŝŽƌŝƚŝĞƐĂƐƚŽǁŚĂƚŝƐƉĂŝĚĨŝƌƐƚ͕ǁŚĞŶŵŽƌĞƚŚĂŶŽŶĞƚLJƉĞŽĨ ƉĂLJŵĞŶƚƐŝƐŽŶĂĐƵƐƚŽŵĞƌƐĂĐĐŽƵŶƚ;ĂŶĚĐĂŶďĞĚĞĂĐƚŝǀĂƚĞĚŝĨŶĞĞĚĞĚͿϭϬϴϱ ^LJƐƚĞŵĂůůŽǁƐƚŚĞƵƐĞŽĨŵƵůƚŝƉůĞƉĂLJŵĞŶƚƚLJƉĞƐĨŽƌĂƐŝŶŐůĞŝŶǀŽŝĐĞ ;ĞdžĂŵƉůĞ͗ĐĂƐŚĂŶĚĐƌĞĚŝƚĐĂƌĚͿ ϭϬϴϲ ^LJƐƚĞŵƐƵƉƉŽƌƚƐŽŶůŝŶĞďŝůůƉĂLJŵĞŶƚǁŝƚŚĂƵƚŽƉĂLJĐĂƉĂďŝůŝƚŝĞƐ ϭϬϴϳ ^LJƐƚĞŵŶŽƚŝĨŝĞƐĂƐƐŝŐŶĞĚƉĂƌƚŝĞƐǁŚĞŶƉĂLJŵĞŶƚƐĂƌĞƌĞĐŽƌĚĞĚĂŐĂŝŶƐƚĂŶ ĂĐĐŽƵŶƚ;ŝŶƚĞƌŶĂůŽƌĞdžƚĞƌŶĂůͿϭϬϴϴ ^LJƐƚĞŵŐĞŶĞƌĂƚĞƐĂƵƚŽŵĂƚŝĐŐĞŶĞƌĂůůĞĚŐĞƌĚŝƐƚƌŝďƵƚŝŽŶĞŶƚƌŝĞƐŶĞĞĚĞĚƚŽ ƌĞĐŽƌĚƌĞĐĞŝƉƚƐ ϭϬϴϵ ďŝůŝƚLJƚŽŐĞŶĞƌĂƚĞƵƉĚĂƚĞĚƐƚĂƚĞŵĞŶƚŽĨĂĐĐŽƵŶƚĂƚƚŝŵĞŽĨƌĞĐĞŝǀŝŶŐ ƉĂLJŵĞŶƚ͕ŝŶĐůƵĚŝŶŐƚŽƚĂůƉĂLJŽĨĨĂŵŽƵŶƚĨŽƌŵƵůƚŝͲLJĞĂƌĐŽŶƚƌĂĐƚƐϭϬϵϬ ^LJƐƚĞŵĐĂŶĂĐĐŽŵŵŽĚĂƚĞŽǀĞƌƉĂLJŵĞŶƚƐ;ƚŚĂƚǁŽƵůĚƉƌŽĚƵĐĞĐƌĞĚŝƚŽŶƚŚĞ ĐƵƐƚŽŵĞƌĂĐĐŽƵŶƚͿ ϭϬϵϭ ^LJƐƚĞŵŚĂƐƚŚĞĂďŝůŝƚLJƚŽĂƵƚŽĚƌĂĨƚĨƵŶĚƐĨƌŽŵĂĐƵƐƚŽŵĞƌ͛ƐĂĐĐŽƵŶƚŽŶĂƉƌĞͲ ĚĞĨŝŶĞĚ͕ĂŐƌĞĞĚƵƉŽŶƐĐŚĞĚƵůĞϭϬϵϮ &ůĂŐĨŽƌĐŽŶĨŝĚĞŶƚŝĂůĐƵƐƚŽŵĞƌƐϭϬϵϯ ^LJƐƚĞŵƐƵƉƉŽƌƚƐƉƵƐŚŶŽƚŝĨŝĐĂƚŝŽŶƐƚŽĐƵƐƚŽŵĞƌƐĨŽƌƵƐĞƌĚĞĨŝŶĞĚŵĞƐƐĂŐĞƐ͕ ĂŐŝŶŐ͕ĐŽůůĞĐƚŝŽŶƐ͕ĞƚĐ͘ ϭϬϵϰ ^LJƐƚĞŵƐƵƉƉŽƌƚƐ͞ƚĞdžƚͲƚŽͲƉĂLJ͟ ϭϬϵϱ EĞĞĚƚŽďĞĂďůĞƚŽŐĞŶĞƌĂƚĞƉĂƐƚĚƵĞŶŽƚŝĐĞƐϭϬϵϲ ^LJƐƚĞŵĐĂŶĐŚĂƌŐĞĐƵƐƚŽŵĞƌĨŽƌE^&ĨƵŶĚƐϭϬϵϳ ^LJƐƚĞŵĐĂŶĐŚĂƌŐĞĐƵƐƚŽŵĞƌƐĂĨĞĞ;ƉĞƌĐĞŶƚĂŐĞŽƌĨůĂƚĨĞĞͿŝĨĐƌĞĚŝƚĐĂƌĚŝƐ ƵƐĞĚĨŽƌƉĂLJŵĞŶƚ͘ ϭϬϵϴ EĞĞĚƚŽďĞĂďůĞƚŽƉƌŽǀŝĚĞĂƵƚŽŵĂƚŝĐŶŽƚŝĨŝĐĂƚŝŽŶƚŽĐƵƐƚŽŵĞƌƐĨŽƌƉĂƐƚĚƵĞ ŶŽƚŝĐĞƐϭϬϵϵ ^LJƐƚĞŵĐĂŶƐƵƉƉŽƌƚ ŶƚĞƌƉƌŝƐĞ^ĞƌǀŝĐĞDĂŶĂŐĞŵĞŶƚϭϭϬϬ ^LJƐƚĞŵĐĂŶĚĞůŝŶĞĂƚĞďĞƚǁĞĞŶ,ƉĂLJŵĞŶƚƐĂŶĚƉĂƉĞƌĐŚĞĐŬƐ͕ &d͕ĞƚĐ͘;ŝ͘Ğ͘ ƐĞƉĂƌĂƚĞƌĞƉŽƌƚĨŽƌĞĂĐŚͿ ϭϭϬϴ ^LJƐƚĞŵĐĂŶĂƵƚŽŵĂƚŝĐĂůůLJĐůĞĂƌĚĞƉŽƐŝƚƐďLJĚĞƉĂƌƚŵĞŶƚ ϭϭϭϬ ^LJƐƚĞŵǁŝůůĐĂůĐƵůĂƚĞŝƚLJĚĞƐŝŐŶĂƚĞĚŝŶƚĞƌĞƐƚĂůůŽĐĂƚŝŽŶďĂƐĞĚŽŶĞƋƵŝƚLJŝŶ ƉŽŽůĞĚĐĂƐŚ;ŝ͘Ğ͘ďLJƐƉĞĐŝĨŝĐĨƵŶĚͿϭϭϭϯ ^LJƐƚĞŵǁŝůůƉƌŽĐĞƐƐĂŶĚĂůůŽĐĂƚĞŝŶƚĞƌĞƐƚƚŽĚĞƐŝŐŶĂƚĞĚĚĞƉĂƌƚŵĞŶƚƐͬďƵƐŝŶĞƐƐ ƵŶŝƚƐ;ĂŶĚĨƵŶĚƐͿ ϭϭϭϰ ^LJƐƚĞŵŝƐW/ĐŽŵƉůŝĂŶƚƚŽƐĂĨĞŐƵĂƌĚďĂŶŬĂĐĐŽƵŶƚŝŶĨŽƌŵĂƚŝŽŶŽĨĐƵƐƚŽŵĞƌƐ ĂŶĚĞŵƉůŽLJĞĞƐϭϭϮϴ ^LJƐƚĞŵŚĂƐƚŚĞĂďŝůŝƚLJƚŽƌĞũĞĐƚŵĞƌŝĐĂŶ džƉƌĞƐƐĂŶĚŝŶĞƌƐůƵďĐƌĞĚŝƚĐĂƌĚƐ ϭϭϯϯ ^LJƐƚĞŵŚĂƐƚŚĞĂďŝůŝƚLJƚŽƌĞũĞĐƚĐƌĞĚŝƚĐĂƌĚƐĨŽƌƉĂLJŵĞŶƚƐŽǀĞƌĂĐĞƌƚĂŝŶĚŽůůĂƌ ƚŚƌĞƐŚŽůĚ;ŝ͘Ğ͘Ψϭ͕ϬϬϬͿϭϭϯϰ ^LJƐƚĞŵĐĂůĐƵůĂƚĞƐƚŽƚĂůďŽŶĚƉƌĞŵŝƵŵƐĂĐƌŽƐƐďŽŶĚŝƐƐƵĂŶĐĞƐϭϭϰϰ ^LJƐƚĞŵĐĂůĐƵůĂƚĞƐĚŝƐĐŽƵŶƚƐĂĐƌŽƐƐďŽŶĚŝƐƐƵĂŶĐĞƐϭϭϰϱ ^LJƐƚĞŵĐĂůĐƵůĂƚĞƐďŽŶĚĐŽƐƚƐĂĐƌŽƐƐďŽŶĚŝƐƐƵĂŶĐĞƐ ϭϭϰϲ ^LJƐƚĞŵƐƵƉƉŽƌƚƐƵƐĞŽĨƉŽŽůĞĚĐĂƐŚ ϭϭϰϴ ^LJƐƚĞŵĐĂŶĂĐĐŽŵŵŽĚĂƚĞĚĞďƚƐĐŚĞĚƵůĞƐƚŚĂƚŝŶĐůƵĚĞĨŽƌĞĐĂƐƚĞĚƉĂLJŵĞŶƚƐ͘ϭϭϱϬ ^LJƐƚĞŵĂƵƚŽŐĞŶĞƌĂƚĞƐƉĞƌƐŽŶŶĞůĂĐƚŝŽŶĨŽƌĂŶŶƵĂůƉĞƌĨŽƌŵĂŶĐĞƌĞǀŝĞǁ;ĂĨƚĞƌ ƌĞǀŝĞǁŝƐĨŝŶĂůŝnjĞĚͿ ϭϭϲϮ ďŝůŝƚLJƚŽĂĚĚĂƚƚĂĐŚŵĞŶƚƐƚŽƚŚĞƉĞƌƐŽŶŶĞůĂĐƚŝŽŶƉƌŽĐĞƐƐͬĨŽƌŵ ϭϭϲϯ ^LJƐƚĞŵŐĞŶĞƌĂƚĞƐƵƐĞƌĚĞĨŝŶĞĚƚĂƐŬƐůŝƐƚƐĂŶĚĂůůŽǁƐĞŵƉůŽLJĞĞƐƚŽĐŽŵƉůĞƚĞ ƉƌŝŽƌƚŽƚŚĞŝƌƐƚĂƌƚĚĂƚĞϭϭϳϰ ^LJƐƚĞŵƚƌĂĐŬƐƉĂƌƚͲƚŝŵĞĞŵƉůŽLJĞĞƐΖĞůŝŐŝďůĞĨŽƌƌĞƚŝƌĞŵĞŶƚďĞŶĞĨŝƚƐ ϭϭϴϬ ^LJƐƚĞŵŚĂƐƚŚĞĂďŝůŝƚLJƚŽĞdžƉŽƌƚĚĂƚĂĨŽƌĂŶĞŵƉůŽLJĞĞĨŽƌŽĨĨďŽĂƌĚŝŶŐ ƉƵƌƉŽƐĞƐϭϭϴϭ ^LJƐƚĞŵŚĂƐĂďŝůŝƚLJƚŽŵĂƌŬĞŵƉůŽLJĞĞĂƐΗŶŽƚĞůŝŐŝďůĞĨŽƌƌĞŚŝƌĞΗĂŶĚͬŽƌĂĚĚ ƚŚĞŵƚŽĂΗĚŽŶŽƚŚŝƌĞΗůŝƐƚƚŚĂƚĨůŽǁƐƚŚƌŽƵŐŚƚŽƚŚĞĂƉƉůŝĐĂŶƚƚƌĂĐŬŝŶŐ ϭϭϴϯ ^LJƐƚĞŵŚĂƐƚŚĞĂďŝůŝƚLJƚŽƉƌŽũĞĐƚƌĞƚŝƌĞŵĞŶƚĚĞƚĂŝůƐĂŶĚƐŚŽǁƚŚĞŵƚŽĂŶĞŶĚ ƵƐĞƌƉƌŝŽƌƚŽƌĞƚŝƌĞŵĞŶƚ;ůĂƐƚƉĂLJƉĞƌŝŽĚ͕ůĂƐƚƉĂLJĚĂLJ͕ĂŶƚŝĐŝƉĂƚĞĚƐĂůĂƌLJ ďĞĨŽƌĞƚŚĞŶ͕ĞƚĐ͘Ϳϭϭϴϰ ^LJƐƚĞŵĂĚǀĞƌƚŝƐĞƐƉŽƐƚŝŶŐŽŶĞŵƉůŽLJĞƌǁĞďƐŝƚĞϭϭϵϯ ^LJƐƚĞŵĐĂŶƚƌĂĐŬĂĚǀĞƌƚŝƐŝŶŐĐŽƐƚƐďLJƉŽƐŝƚŝŽŶĂŶĚĚĞƉĂƌƚŵĞŶƚ ϭϭϵϰ ^LJƐƚĞŵĐĂŶƚĂŬĞĂƉƉůŝĐĂƚŝŽŶĨŽƌǀŽůƵŶƚĞĞƌƐĂŶĚͬŽƌŶŽŶͲĐŽŵƉĞŶƐĂƚĞĚ ƉŽƐŝƚŝŽŶƐƐƵĐŚĂƐŽĂƌĚƐ͕ŽŵŵŝƚƚĞĞƐ͕ĞƚĐ͘ϭϮϬϭ dŚĞƐLJƐƚĞŵƉƌŽǀŝĚĞƐƌĞƉŽƌƚŝŶŐĨƵŶĐƚŝŽŶĂůŝƚLJǁŝƚŚĚĞƚĂŝůĞĚŵĞƚƌŝĐƐĨŽƌƚŚĞ ŝƚLJ͛ƐƵƐĞƌͲĚĞĨŝŶĞĚƌĞĐƌƵŝƚŵĞŶƚŐŽĂůƐ͘ ϭϮϬϲ ^LJƐƚĞŵĂůůŽǁƐĞŵƉůŽLJĞƌƚŽƌĂŶŬĂƉƉůŝĐĂŶƚƐǁŝƚŚŝŶĂƉŽŽů ϭϮϬϳ ^LJƐƚĞŵĂůůŽǁƐĂƉƉůŝĐĂŶƚƐƚŽŶŽƚĞǀĞƚĞƌĂŶƐƚĂƚƵƐĂŶĚĞŵƉůŽLJĞƌƚŽĂƐƐŝŐŶ ǀĞƚĞƌĂŶΖƐƉƌĞĨĞƌĞŶĐĞƉŽŝŶƚƐϭϮϬϴ ^LJƐƚĞŵĐĂŶŵĂŶĂŐĞƌĞŝŵďƵƌƐĞŵĞŶƚŽĨƚƌĂǀĞůĞdžƉĞŶƐĞƐĨŽƌĂƉƉůŝĐĂŶƚƐ ϭϮϭϲ ^LJƐƚĞŵǁŝůůĂůůŽǁŵƵůƚŝƉůĞƵƐĞƌƐƚŽǀŝĞǁĂŶĚĞǀĂůƵĂƚĞĐĂŶĚŝĚĂƚĞƌĞƐƉŽŶƐĞƐ ϭϮϭϳ ^LJƐƚĞŵĂůůŽǁƐĂƉƉůŝĐĂŶƚƐƚŽƐĞůĞĐƚŝŶƚĞƌĞƐƚŝŶĐĞƌƚĂŝŶƚLJƉĞƐŽĨŽĐĐƵƉĂƚŝŽŶƐĂŶĚ ƚŚĞŶƌĞĐĞŝǀĞŶŽƚŝĨŝĐĂƚŝŽŶǁŚĞŶũŽďƐŝŶƚŚĂƚĐĂƚĞŐŽƌLJĂƌĞƉŽƐƚĞĚ ϭϮϭϴ ^LJƐƚĞŵƚƌĂĐŬƐĂůů KŝŶĨŽƌŵĂƚŝŽŶƵƐŝŶŐ^ƚĂƚĞŽĨDEĚĞĨŝŶŝƚŝŽŶƐ ϭϮϭϵ ^LJƐƚĞŵƚƌĂĐŬƐĞdžĂŵͬĂƐƐĞƐƐŵĞŶƚƐĐŽƌĞĨƌŽŵƚŚŝƌĚƉĂƌƚLJƐLJƐƚĞŵǁŚĞƌĞĞdžĂŵ ǁĂƐƚĂŬĞŶϭϮϯϰ ^LJƐƚĞŵĂůůŽǁƐĞůŝŐŝďŝůŝƚLJůŝƐƚƐƚŽďĞƌŽƵƚĞĚĨŽƌĂƉƉƌŽǀĂů;Ğ͘Ő͕͘ĐĞƌƚŝĨŝĐĂƚŝŽŶďLJ ŝƚLJDĂŶĂŐĞƌ͕ŝǀŝů^ĞƌǀŝĐĞŽŵŵŝƐƐŝŽŶ͕ĞƚĐ͘Ϳ ϭϮϯϲ EĞĞĚƚŽĂďůĞƚŽƚƌĂĐŬǁŚĞŶůĞǀĞůϮĨŝŶŐĞƌƉƌŝŶƚŝŶŐĞdžƉŝƌĞ ϭϮϰϵ ďŝůŝƚLJƚŽƌĞƐƚƌŝĐƚƵƐĞƌƐĂĐĐĞƐƐƚŽƌĞĐƌƵŝƚŵĞŶƚďĂƐĞĚŽŶƚŚĞŝƌďƵƐŝŶĞƐƐĐƌŝƚĞƌŝĂ Ğ͘Ő͘W͕&ŝƌĞ͕ŝƚLJϭϮϱϭ ^LJƐƚĞŵŝŶĨŽƌŵĂƚŝŽŶŝƐƉƌŽĐĞƐƐĞĚŝŶƌĞĂůͲƚŝŵĞϭϮϱϴ dŚĞƐLJƐƚĞŵĐĂŶƉƌŽǀŝĚĞĚƌŝůůͲĚŽǁŶĐĂƉĂďŝůŝƚŝĞƐĨŽƌĂƌĞĐƌƵŝƚŵĞŶƚĐĂŶĚŝĚĂƚĞ͛Ɛ ƉƌŽĨŝůĞ͘ ϭϮϱϵ dŚĞƐLJƐƚĞŵĐĂŶĂĚŚĞƌĞƚŽƚŚĞ^ƚĂƚĞŽĨDŝŶŶĞƐŽƚĂZĞĐŽƌĚƐZĞƚĞŶƚŝŽŶ>ĂǁƐϭϮϲϬ dŚĞƐLJƐƚĞŵĐĂŶƚƌĂĐŬƉĞƌĨŽƌŵĂŶĐĞŵĂŶĂŐĞŵĞŶƚƌĞĐŽƌĚƐĂŶĚƉƌŽǀŝĚĞƌŽůĞͲ ďĂƐĞĚƐĞĐƵƌŝƚLJĨŽƌĂĐĐĞƐƐŝďŝůŝƚLJ͘ ϭϮϲϭ dŚĞƐLJƐƚĞŵĐĂŶƉƵƌŐĞƌĞĐŽƌĚƐďĂƐĞĚŽŶƵƐĞƌͲĚĞĨŝŶĞĚƚŝŵĞĨƌĂŵĞ͘ ϭϮϲϮ ^LJƐƚĞŵǁŝůůŵĂŝŶƚĂŝŶĞŵƉůŽLJĞĞŶƵŵďĞƌĨƌŽŵĂƉƉůŝĐĂƚŝŽŶƚŚƌŽƵŐŚ ƌĞƚŝƌĞŵĞŶƚͬƐĞƉĂƌĂƚŝŽŶϭϮϲϯ ^LJƐƚĞŵĂůůŽǁƐĚŽĐƵŵĞŶƚƐƚŽďĞƐĐĂŶŶĞĚĂŶĚĂƚƚĂĐŚĞĚƚŽĞŵƉůŽLJĞĞƌĞĐŽƌĚƐ ϭϮϲϰ ^LJƐƚĞŵƌĞĐŽƌĚƐĞƋƵŝƉŵĞŶƚŝƐƐƵĞĚƚŽĞĂĐŚĞŵƉůŽLJĞĞƐƵĐŚĂƐŝƚĞŵƐƚŚĂƚŚĂǀĞ ďĞĞŶŝƐƐƵĞĚƚŽĞŵƉůŽLJĞĞ;ĞdžĂŵƉůĞ͗>ĂƉƚŽƉ͕ŝƚLJĂƌ͕ĞƚĐ͘ͿϭϮϲϱ ^LJƐƚĞŵƚƌĂĐŬƐĚŝĨĨĞƌĞŶƚĐĂƚĞŐŽƌŝĞƐŽĨŶŽŶͲŝƚLJƐƚĂĨĨ;ƵŶƉĂŝĚŝŶƚĞƌŶƐ͕ ǀŽůƵŶƚĞĞƌƐ͕ƚŚŝƌĚͲƉĂƌƚLJĐŽŶƚƌĂĐƚŽƌͿϭϮϲϲ ^LJƐƚĞŵƚƌĂĐŬƐŝŶĨŽƌŵĂƚŝŽŶŽŶǀŽůƵŶƚĞĞƌƐ;ĞdžĂŵƉůĞ͗ďĂĐŬŐƌŽƵŶĚĐŚĞĐŬƐͿ ϭϮϲϳ ^LJƐƚĞŵŐĞŶĞƌĂƚĞƐ KƌĞƉŽƌƚ; KͲϰ͕ ͿϭϮϲϴ ^LJƐƚĞŵƚƌĂĐŬƐƌĞƐƵůƚƐĂŶĚĚĂƚĞŽĨĚƌƵŐƚĞƐƚŝŶŐ;ƉĂƐƐͬĨĂŝůͿĂŶĚĐĂŶƐĞŶĚ ŶŽƚŝĨŝĐĂƚŝŽŶƐƚŽƐƵƉĞƌǀŝƐŽƌƐǁŚĞŶĞŵƉůŽLJĞĞƐĂƌĞƐĞůĞĐƚĞĚ ϭϮϲϵ ^LJƐƚĞŵĐĂŶƐĞůĞĐƚŝŶĚŝǀŝĚƵĂůƐĨŽƌƌĂŶĚŽŵĚƌƵŐƚĞƐƚƐďĂƐĞĚŽŶƉƌĞͲĚĞĨŝŶĞĚ ĐƌŝƚĞƌŝĂ ϭϮϳϬ ^LJƐƚĞŵƚƌĂĐŬƐƐƚĂĨĨŵĞŵďĞƌŵĂŬŝŶŐĐŚĂŶŐĞƐƚŽĞŵƉůŽLJĞĞƌĞĐŽƌĚ͕ƚĂďůĞƐ͕ĞƚĐ͕͘ ŝŶĐůƵĚŝŶŐĚĂƚĞ͕ƚŝŵĞϭϮϳϭ ĂƉŝƚĂůĂƐƐĞƚĐƵƐƚŽĚŝĂŶƚƌĂŶƐĨĞƌƚŽĂŶŽƚŚĞƌĐƵƐƚŽĚŝĂŶĞ͘Ő͘ǀĞŚŝĐůĞ ϭϮϳϮ ďŝůŝƚLJƚŽŐĞŶĞƌĂƚĞĂƌĞĚĂĐƚĞĚƉĞƌƐŽŶŶĞůĨŝůĞ ϭϮϳϯ ďŝůŝƚLJĨŽƌĞŵƉůŽLJĞĞƚŽǀŝĞǁƚŚĞŝƌǁŚŽůĞƉĞƌƐŽŶŶĞůĨŝůĞŝŶĐůƵĚŝŶŐĂƚƚĂĐŚŵĞŶƚƐϭϮϳϰ ^LJƐƚĞŵƚƌĂĐŬƐƚƌĂŝŶŝŶŐͬĐĞƌƚŝĨŝĐĂƚŝŽŶƐƌĞƋƵŝƌĞĚĨŽƌĂůůũŽďĐůĂƐƐŝĨŝĐĂƚŝŽŶƐ ϭϮϳϱ ^LJƐƚĞŵŐĞŶĞƌĂƚĞƐŶŽƚŝĨŝĐĂƚŝŽŶƐƚŽƐƵƉĞƌǀŝƐŽƌƐĂŶĚĞŵƉůŽLJĞĞƐĨŽƌƵƉĐŽŵŝŶŐ ƚƌĂŝŶŝŶŐͬĐĞƌƚŝĨŝĐĂƚŝŽŶĞdžƉŝƌĂƚŝŽŶ ϭϮϳϲ ^LJƐƚĞŵƚƌĂĐŬƐĞŵƉůŽLJĞĞƚƌĂŝŶŝŶŐͬĐĞƌƚŝĨŝĐĂƚŝŽŶĐŽŵƉůĞƚŝŽŶĨŽƌŝŶƚĞƌŶĂůĂŶĚ ĞdžƚĞƌŶĂůƚƌĂŝŶŝŶŐϭϮϳϳ ^LJƐƚĞŵƚƌĂĐŬƐƚƌĂŝŶŝŶŐͬĐĞƌƚŝĨŝĐĂƚŝŽŶƚŝĞĚƚŽƉŽƐŝƚŝŽŶƌĞƋƵŝƌĞŵĞŶƚŽƌƐƉĞĐŝĂů ƉĂLJ ϭϮϳϴ ^LJƐƚĞŵĂůůŽǁƐƚƌĂĐŬŝŶŐŽĨŵŝƐĐĞůůĂŶĞŽƵƐ;ĞdžƚĞƌŶĂůͿĞŵƉůŽLJĞĞƚƌĂŝŶŝŶŐŽƌ ĞĚƵĐĂƚŝŽŶŝŶĞŵƉůŽLJĞĞƌĞĐŽƌĚϭϮϳϵ ^LJƐƚĞŵĂůůŽǁƐĐĞƌƚŝĨŝĐĂƚĞƐŽƌŽƚŚĞƌĞĚƵĐĂƚŝŽŶͬƚƌĂŝŶŝŶŐĚŽĐƵŵĞŶƚĂƚŝŽŶďĞ ƐƚŽƌĞĚŝŶƚŚĞĞŵƉůŽLJĞĞƌĞĐŽƌĚ ϭϮϴϬ ^LJƐƚĞŵĂůůŽǁƐƐƵƉĞƌǀŝƐŽƌƐƚŽĐƌĞĂƚĞĚĞǀĞůŽƉŵĞŶƚƉůĂŶƐĨŽƌƐƵďŽƌĚŝŶĂƚĞƐϭϮϴϭ ^LJƐƚĞŵƚƌĂĐŬƐĞŵƉůŽLJĞĞƐŬŝůůƐĂŶĚŽƚŚĞƌĐŽŵƉĞƚĞŶĐLJŝŶĨŽƌŵĂƚŝŽŶϭϮϴϮ ďŝůŝƚLJƚŽƚƌĂĐŬĞŵƉůŽLJĞĞƐΖĨŽƌŵĂůĞĚƵĐĂƚŝŽŶŚŝƐƚŽƌLJ;͕͕^͕ĞƚĐ͘Ϳ ϭϮϴϯ WƌŽĨŝĐŝĞŶĐLJůĞǀĞů;ŝŶĞŝƚŚĞƌŶƵŵĞƌŝĐĂůŽƌĂůƉŚĂďĞƚŝĐĂůĨŽƌŵĂƚͿ ϭϮϴϰ ^LJƐƚĞŵĐĂŶƚƌĂĐŬĂŶĞŵƉůŽLJĞĞΖƐŵĞŵďĞƌƐŚŝƉƐƚŽƉƌŽĨĞƐƐŝŽŶĂůŽƌŐĂŶŝnjĂƚŝŽŶƐϭϮϴϱ ^LJƐƚĞŵƚƌĂĐŬƐĞŵƉůŽLJĞĞĂǁĂƌĚƐͬŚŽŶŽƌƐ;ƐƵďũĞĐƚƚŽĂƉƉƌŽǀĂůͿϭϮϴϲ ^LJƐƚĞŵŚĂƐƚŚĞĂďŝůŝƚLJƚŽĂƵŐŵĞŶƚƉĂLJďĂƐĞĚŽŶĐĞƌƚŝĨŝĐĂƚŝŽŶƐ͕ƚƌĂŝŶŝŶŐƐ͕ĂŶĚ ĚĞŐƌĞĞƐ ϭϮϴϳ ^LJƐƚĞŵƚƌĂĐŬƐĞŵƉůŽLJĞĞĐŽŶƚŝŶƵŝŶŐĞĚƵĐĂƚŝŽŶƌĞƋƵŝƌĞŵĞŶƚƐ;ŝŶĐůƵĚŝŶŐŚŽƵƌƐͿ ĨŽƌƚŚĞĂĐƋƵŝƐŝƚŝŽŶĂŶĚͬŽƌŵĂŝŶƚĞŶĂŶĐĞŽĨĐĞƌƚŝĨŝĐĂƚŝŽŶƐ ϭϮϴϴ ^LJƐƚĞŵƉƌŽǀŝĚĞƐŶŽƚŝĨŝĐĂƚŝŽŶƚŽ,ZĂŶĚĞŵƉůŽLJĞĞƐǁŚĞŶĐĞƌƚŝĨŝĐĂƚŝŽŶƐĂƌĞ ĞdžƉŝƌŝŶŐϭϮϴϵ ^LJƐƚĞŵƚƌĂĐŬƐƚƵŝƚŝŽŶƌĞŝŵďƵƌƐĞŵĞŶƚƉƌŽŐƌĂŵĂƉƉůŝĐĂƚŝŽŶƐ͕ƐƚĂƚƵƐĂŶĚ ƉĂLJŵĞŶƚƐƚŚƌŽƵŐŚWĂLJƌŽůůϭϮϵϬ ^LJƐƚĞŵĂůůŽǁƐĨŽƌƚƌĂŝŶŝŶŐƐƚŽďĞĚĞƐŝŐŶĂƚĞĚĂƐŵĂŶĚĂƚŽƌLJŽƌĞůĞĐƚŝǀĞ ϭϮϵϭ ^LJƐƚĞŵŚĂƐƚŚĞĂďŝůŝƚLJƚŽĚĞĨŝŶĞůĞĂƌŶŝŶŐƉůĂŶͬƚƌĂŝŶŝŶŐďLJƉŽƐŝƚŝŽŶŽƌƉŽƐŝƚŝŽŶ ůĞǀĞů;ĞdžĂŵƉůĞ͗ƐƵƉĞƌǀŝƐŽƌLJĚĞǀĞůŽƉŵĞŶƚĂĐĂĚĞŵLJ͕ĞdžĞĐƵƚŝǀĞůĞĂĚĞƌƐŚŝƉ ĂĐĂĚĞŵLJ͕ĞƚĐ͘ͿϭϮϵϮ ďŝůŝƚLJƚŽƐĞŶĚĂƵƚŽŵĂƚĞĚĞŵĂŝůƐĂƐŬŝŶŐĞŵƉůŽLJĞĞƐƚŽĞǀĂůƵĂƚĞĂƚƌĂŝŶŝŶŐ ƚŚĞLJĂƚƚĞŶĚĞĚ ϭϮϵϯ ^LJƐƚĞŵĂůůŽǁƐŵĂŶĂŐĞƌƐƚŽǀŝĞǁƚŚĞŝƌƐƵďŽƌĚŝŶĂƚĞΖƐƚƌĂŝŶŝŶŐ͕ƐŬŝůůƐ͕ĂŶĚ ĐĞƌƚŝĨŝĐĂƚŝŽŶŚŝƐƚŽƌŝĞƐŽŶĚĞŵĂŶĚϭϮϵϰ ďŝůŝƚLJƚŽƚƌĂĐŬŝŶƚĞƌŶĂůƚƌĂŝŶĞƌƐĂŶĚƚŚĞŝƌƐƉĞĐŝĂůƚLJĂƌĞĂƐ ϭϮϵϱ ^LJƐƚĞŵĐŽŶƚĂŝŶƐĐŽƵƌƐĞĚĂƚĂďĂƐĞĨŽƌŝŶͲŚŽƵƐĞƚƌĂŝŶŝŶŐ ϭϮϵϲ ďŝůŝƚLJƚŽĚĞĨŝŶĞƌĞŐŝƐƚƌĂƚŝŽŶƐĐƌĞĞŶŝŶŐƌƵůĞƐĨŽƌĂĐůĂƐƐͬĐŽƵƌƐĞŽƌĞŵƉůŽLJĞĞ ŐƌŽƵƉ;ŝ͘Ğ͘ƉƌĞƌĞƋƵŝƐŝƚĞĂŶĚĞůŝŐŝďŝůŝƚLJͿϭϮϵϳ ŽƵƌƐĞĚĂƚĂďĂƐĞĐŽŶƚƌŽůƐĨŽƌŝŶͲŚŽƵƐĞƚƌĂŝŶŝŶŐƐϭϮϵϴ ďŝůŝƚLJƚŽĐĂƚĞŐŽƌŝnjĞƐŬŝůůƐ͕ůŝĐĞŶƐĞƐ͕ĂŶĚĐĞƌƚŝĨŝĐĂƚŝŽŶƐ ϭϮϵϵ ^LJƐƚĞŵǁŝůůĂƐƐŝŐŶĐůĂƐƐĞƐĂŶĚƚƌĂŝŶŝŶŐ;ƌĞƋƵŝƌĞĚͬŵĂŶĚĂƚŽƌLJͿďĂƐĞĚŽŶƚŚĞ WŽƐŝƚŝŽŶͬ:ŽďŽĚĞ ϭϯϬϬ ďŝůŝƚLJƚŽĂĚĚĂƚƚĂĐŚŵĞŶƚƐƐƵĐŚĂƐĐĞƌƚŝĨŝĐĂƚŝŽŶƐĂŶĚƚƌĂŝŶŝŶŐƌĞĐŽƌĚƐϭϯϬϭ ďŝůŝƚLJƚŽĐƌĞĂƚĞƚƌĂŝŶŝŶŐĐŽŶƚĞŶƚŽƌŝŶƚĞŐƌĂƚĞǁŝƚŚĐŽƵƌƐĞĐƌĞĂƚŝŽŶƐŽĨƚǁĂƌĞ ;ĨŽƌŝƚLJĐƌĞĂƚĞĚƚƌĂŝŶŝŶŐƐͿ ϭϯϬϮ ^LJƐƚĞŵǁŝůůĂůůŽǁƵƐĞƌƐƚŽĐƌĞĂƚĞĞǀĞůŽƉŵĞŶƚWůĂŶƐĨŽƌŝŶĚŝǀŝĚƵĂůƌŽůĞƐŽƌ ŐƌŽƵƉƐŽĨĞŵƉůŽLJĞĞƐϭϯϬϯ ^LJƐƚĞŵŐĞŶĞƌĂƚĞƐŶŽƚŝĐĞƐƚŽĐŽŵƉůĞƚĞƉĞƌĨŽƌŵĂŶĐĞĞǀĂůƵĂƚŝŽŶďĂƐĞĚŽŶ ĂŶŶƵĂůĞǀĂůƵĂƚŝŽŶĚĂƚĞϭϯϬϰ ^LJƐƚĞŵĂůůŽǁƐĨŽƌƵŶůŝŵŝƚĞĚƚLJƉĞŽĨĞǀĂůƵĂƚŝŽŶĨĂĐƚŽƌƐ;ĂƚƚĞŶĚĂŶĐĞ͕ƌĞůŝĂďŝůŝƚLJͿ ϭϯϬϱ ^LJƐƚĞŵĂůůŽǁƐĨŽƌĞĂĐŚũŽďĐůĂƐƐŝĨŝĐĂƚŝŽŶƚŽŚĂǀĞĚŝĨĨĞƌĞŶƚĞǀĂůƵĂƚŝŽŶĨĂĐƚŽƌƐ ĂŶĚǁĞŝŐŚƚƐϭϯϬϲ ^LJƐƚĞŵĂůůŽǁƐĨŽƌĐƵƐƚŽŵŝnjĞĚŐŽĂůƐĨŽƌĞĂĐŚĞŵƉůŽLJĞĞϭϯϬϳ ^LJƐƚĞŵƚƌĂĐŬƐƉĞƌĨŽƌŵĂŶĐĞĞǀĂůƵĂƚŝŽŶƋƵĞƐƚŝŽŶƐĂŶĚĞǀĂůƵĂƚŝŽŶƐ;ƐĐŽƌĞƐͿĨŽƌ ĞĂĐŚƋƵĞƐƚŝŽŶ ϭϯϬϴ ^LJƐƚĞŵĂůůŽǁƐĂƚƚĂĐŚŵĞŶƚŽĨĚŽĐƵŵĞŶƚƐƚŽƉĞƌĨŽƌŵĂŶĐĞĞǀĂůƵĂƚŝŽŶƐϭϯϬϵ ^LJƐƚĞŵŵĂŝŶƚĂŝŶƐƐĐŚĞĚƵůĞŽĨƉĞƌĨŽƌŵĂŶĐĞĞǀĂůƵĂƚŝŽŶďLJĂŶŶŝǀĞƌƐĂƌLJĚĂƚĞ;ŽĨ ŚŝƌĞŝŶƚŽĐƵƌƌĞŶƚƉŽƐŝƚŝŽŶͿ ϭϯϭϬ ^LJƐƚĞŵŶŽƚŝĨŝĞƐĞŵƉůŽLJĞĞ͕ƐƵƉĞƌǀŝƐŽƌĂŶĚŽƚŚĞƌĚĞƉĂƌƚŵĞŶƚƐƚĂĨĨǁŚĞŶĂ ƉƌŽďĂƚŝŽŶĂƌLJƉĞƌŝŽĚŝƐŐŽŝŶŐƚŽĞŶĚϭϯϭϭ ŶLJƉĂLJĂĚũƵƐƚŵĞŶƚƌĞƐƵůƚŝŶŐĨƌŽŵĂŶĞǀĂůƵĂƚŝŽŶŶĞĞĚƐƚŽĨŽůůŽǁƉĞƌƐŽŶŶĞů ĂĐƚŝŽŶǁŽƌŬĨůŽǁƌƵůĞƐĨŽƌĂƉƉƌŽǀĂů ϭϯϭϮ ^LJƐƚĞŵĐĂŶĐĂůĐƵůĂƚĞŵĞƌŝƚƉĂLJŝŶĐƌĞĂƐĞďĂƐĞĚŽŶĞǀĂůƵĂƚŝŽŶĐƌŝƚĞƌŝĂĂŶĚ ƐĐŽƌŝŶŐϭϯϭϯ ^LJƐƚĞŵĂůůŽǁƐƵƐĞƌƐƚŽƵƉĚĂƚĞŵĞƌŝƚƉĂLJĐĂůĐƵůĂƚŝŽŶƐĞĂĐŚLJĞĂƌďĂƐĞĚŽŶ ĂŶŶƵĂůĂůůŽĐĂƚŝŽŶŽĨŵĞƌŝƚƉĂLJϭϯϭϰ ^LJƐƚĞŵŶŽƚŝĨŝĞƐĞŵƉůŽLJĞĞ͕ƐƵƉĞƌǀŝƐŽƌĂŶĚŽƚŚĞƌĚĞƉĂƌƚŵĞŶƚƐƚĂĨĨ;ĞdžĂŵƉůĞ͗ ĚĞƉĂƌƚŵĞŶƚŚĞĂĚ͕ƉĂLJƌŽůůĐůĞƌŬͿŽĨƵƉĐŽŵŝŶŐĞǀĂůƵĂƚŝŽŶ ϭϯϭϱ ^LJƐƚĞŵŶŽƚŝĨŝĞƐƐƵƉĞƌǀŝƐŽƌƚŚĂƚƚŚĞĞǀĂůƵĂƚŝŽŶŝƐůĂƚĞϭϯϭϲ ^LJƐƚĞŵΖƐƉĞƌĨŽƌŵĂŶĐĞĞǀĂůƵĂƚŝŽŶƐĂƌĞĞůĞĐƚƌŽŶŝĐĂůůLJƌŽƵƚĞĚƚŽƚŚĞ ĂƉƉƌŽƉƌŝĂƚĞƵƐĞƌƐĨŽƌĂƉƉƌŽǀĂůǀŝĂǁŽƌŬĨůŽǁĂŶĚĞůĞĐƚƌŽŶŝĐƐŝŐŶĂƚƵƌĞ ϭϯϭϳ ^LJƐƚĞŵĂůůŽǁƐĞŵƉůŽLJĞĞƚŽĐŽŵŵĞŶƚĂŶĚĞŶƚĞƌŝŶĨŽƌŵĂƚŝŽŶŽŶƚŚĞŝƌ ĞǀĂůƵĂƚŝŽŶ;ŝ͘Ğ͕͘ĐŽŵŵĞŶƚƐ͕ĂƉƉƌŽǀĞ͕ƐŝŐŶͿϭϯϭϴ ^LJƐƚĞŵĂůůŽǁƐĨŽƌΗϯϲϬƌĞǀŝĞǁƐΗŝŶĂĚĚŝƚŝŽŶƚŽƐƚĂŶĚĂƌĚƉĞƌĨŽƌŵĂŶĐĞ ĞǀĂůƵĂƚŝŽŶƐ;ŝ͘Ğ͕͘ĚĞǀĞůŽƉŵĞŶƚƉůĂŶƐ͕ĂŶĚƉƌŽďĂƚŝŽŶĂƌLJĞǀĂůƵĂƚŝŽŶƐͿ ϭϯϭϵ ^LJƐƚĞŵĂůůŽǁƐĨŽƌŵƵůƚŝƉůĞƉƌŽďĂƚŝŽŶĂƌLJƌĞǀŝĞǁƐ ϭϯϮϬ ^LJƐƚĞŵĂůůŽǁƐĨŽƌƌĞƉŽƌƚŝŶŐƐƉĞĐŝĨŝĐƚŽĞŵƉůŽLJĞĞƌĂƚŝŶŐƐ;ŝ͘Ğ͘ƌĞƉŽƌƚƚŚĂƚ ƐŚŽǁƐĂůůĞŵƉůŽLJĞĞƐŽŶĂWĞƌĨŽƌŵĂŶĐĞ/ŵƉƌŽǀĞŵĞŶƚWůĂŶͿďŽƚŚŽŶĂ ŝƚLJǁŝĚĞĂŶĚĚĞƉĂƌƚŵĞŶƚĂůďĂƐŝƐ ϭϯϮϭ ^LJƐƚĞŵƚƌĂĐŬƐƉƌŽŐƌĞƐƐŝǀĞĚŝƐĐŝƉůŝŶĂƌLJĂĐƚŝŽŶƐŽŶĞŵƉůŽLJĞĞƐĂŶĚƚŚĞŝƌ ĞĨĨĞĐƚŝǀĞĚĂƚĞƐ ϭϯϮϮ ^LJƐƚĞŵƌĞĐŽƌĚƐĨŽůůŽǁƵƉĂĐƚŝŽŶƐǁŝƚŚŶŽƚŝĨŝĐĂƚŝŽŶƚŽƌĞŵŝŶĚƵƐĞƌƐŽĨ ƵƉĐŽŵŝŶŐĨŽůůŽǁƵƉĂĐƚŝŽŶϭϯϮϯ ^LJƐƚĞŵĂůůŽǁƐĨŽƌƚŚĞĐƌĞĂƚŝŽŶĂŶĚŵĂŶĂŐĞŵĞŶƚŽĨWĞƌĨŽƌŵĂŶĐĞ /ŵƉƌŽǀĞŵĞŶƚWůĂŶƐǁŝƚŚŝŶƚŚĞƐLJƐƚĞŵ ϭϯϮϰ ^LJƐƚĞŵĂůůŽǁƐĨŽƌŵƵůƚŝƉůĞĨŽƌŵĂƚƐŽĨƉĞƌĨŽƌŵĂŶĐĞŝŵƉƌŽǀĞŵĞŶƚƉůĂŶƐϭϯϮϱ ^LJƐƚĞŵůŝŶŬƐĚŝƐĐŝƉůŝŶĂƌLJĂĐƚŝŽŶƚŽƉĞƌƐŽŶŶĞůĂĐƚŝŽŶϭϯϮϲ ^LJƐƚĞŵĐĂŶƌĞĐŽƌĚĚŝƐĐŝƉůŝŶĂƌLJĂĐƚŝŽŶƐŝŶƚŚĞĞŵƉůŽLJĞĞŵĂƐƚĞƌĨŝůĞ͕ďĂƐĞĚ ƵƉŽŶƵƐĞƌƉƌĞĨĞƌĞŶĐĞ ϭϯϮϳ ^LJƐƚĞŵƌĞƋƵŝƌĞƐĞĂĐŚĞŵƉůŽLJĞĞƚŽďĞƉůĂĐĞĚŝŶĂƉŽƐŝƚŝŽŶϭϯϮϴ DƵůƚŝƉůĞĞŵƉůŽLJĞĞƐĐĂŶƐŚĂƌĞĂƐŝŶŐůĞƉŽƐŝƚŝŽŶϭϯϮϵ ^LJƐƚĞŵĐĂŶƌĞƉŽƌƚŽŶǀĂĐĂŶĐŝĞƐĂŶĚŵŽƐƚƌĞĐĞŶƚĞŵƉůŽLJĞĞƚŚĂƚŚĞůĚĂ ƉŽƐŝƚŝŽŶ;ŝĨǀĂĐĂŶƚͿ ϭϯϯϬ ^LJƐƚĞŵĐĂŶƐĞƚ&d ůŝŵŝƚĨŽƌƉŽƐŝƚŝŽŶ;ŶŽƚĂůǁĂLJƐϭͿ ϭϯϯϭ ^LJƐƚĞŵƉƌĞǀĞŶƚƐ&d ůŝŵŝƚĨƌŽŵďĞŝŶŐĞdžĐĞĞĚĞĚǁŝƚŚŽƵƚƉƌŽƉĞƌĂƉƉƌŽǀĂůϭϯϯϮ ^LJƐƚĞŵĐĂŶƐĞƚŚĞĂĚĐŽƵŶƚůŝŵŝƚĨŽƌƉŽƐŝƚŝŽŶ;ŶŽƚĂůǁĂLJƐϭͿϭϯϯϯ ^LJƐƚĞŵƉƌĞǀĞŶƚƐŚĞĂĚĐŽƵŶƚůŝŵŝƚĨƌŽŵďĞŝŶŐĞdžĐĞĞĚĞĚǁŝƚŚŽƵƚƉƌŽƉĞƌ ĂƉƉƌŽǀĂů ϭϯϯϰ ^LJƐƚĞŵƚŽƐƚŽƉƐĂůĂƌLJĂĚũƵƐƚŵĞŶƚƐƚŽŐŽŽƵƚƐŝĚĞƚŚĞĂůůŽǁĞĚƐĂůĂƌLJƌĂŶŐĞ ;ǁŝƚŚĂďŝůŝƚLJƚŽŽǀĞƌƌŝĚĞͿϭϯϯϱ ^LJƐƚĞŵĐĂŶŐĞŶĞƌĂƚĞŽƌŐĂŶŝnjĂƚŝŽŶĂůĐŚĂƌƚ ϭϯϯϲ ^LJƐƚĞŵͲŐĞŶĞƌĂƚĞĚŽƌŐĂŶŝnjĂƚŝŽŶĂůĐŚĂƌƚŝŶĐůƵĚĞƐŝŶĚŝǀŝĚƵĂůĞŵƉůŽLJĞĞĚĂƚĂϭϯϯϳ ^LJƐƚĞŵͲŐĞŶĞƌĂƚĞĚŽƌŐĂŶŝnjĂƚŝŽŶĂůĐŚĂƌƚŝŶĐůƵĚĞƐƉŽƐŝƚŝŽŶĚĂƚĂϭϯϯϴ ^LJƐƚĞŵŚĂƐƚŚĞĂďŝůŝƚLJƚŽĂůůŽǁƵƐĞƌƐƚŽƉƌŝŶƚĂǀŝƐƵĂůƌĞƉƌĞƐĞŶƚĂƚŝŽŶŽĨƚŚĞ ŝƚLJ͛ƐŽƌŐ͘ĐŚĂƌƚ ϭϯϯϵ ^LJƐƚĞŵͲŐĞŶĞƌĂƚĞĚŽƌŐĂŶŝnjĂƚŝŽŶĂůĐŚĂƌƚŝŶĐůƵĚĞƐĚĞƉĂƌƚŵĞŶƚĚĂƚĂ ϭϯϰϬ ^LJƐƚĞŵĂƵƚŽŵĂƚŝĐĂůůLJƵƉĚĂƚĞƐƚŚĞƐƵƉĞƌǀŝƐŽƌĂŶĞŵƉůŽLJĞĞƌĞƉŽƌƚƐƚŽ;ĨŽƌ ƉĞƌĨŽƌŵĂŶĐĞƌĞǀŝĞǁƐĂŶĚƚŝŵĞŬĞĞƉŝŶŐͿďĂƐĞĚŽŶĐŚĂŶŐĞƐƚŽƚŚĞ ŽƌŐĂŶŝnjĂƚŝŽŶĂůĐŚĂƌƚϭϯϰϭ hƐĞƌƐĐĂŶƐĞĞŚŽǁĨŝŶĂŶĐŝĂůĚĂƚĂ;ŝ͘Ğ͘ŚĂƌƚŽĨĐĐŽƵŶƚƐͿƚŝĞƐƚŽƚŚĞŽƌŐ͘ĐŚĂƌƚ ϭϯϰϮ ^LJƐƚĞŵŚĂƐƚŚĞĂďŝůŝƚLJEKdĨŝůůĂƉŽƐŝƚŝŽŶƚŚĂƚŚĂƐĂůƌĞĂĚLJďĞĞŶďƵĚŐĞƚĞĚĨŽƌ͘ ;ŝ͘Ğ͘ŝŶƚĞŶƚŝŽŶĂůǀĂĐĂŶĐŝĞƐͿϭϯϰϯ ^LJƐƚĞŵƚŽƉƌĞǀĞŶƚƵƐĞƌĨƌŽŵƌĞƋƵĞƐƚŝŶŐƚŽĨŝůůĂƉŽƐŝƚŝŽŶŝĨŝƚŝƐŶŽƚĨƵŶĚĞĚ ;ŝ͘Ğ͕͘ǀĂĐĂŶĐLJĚŽĞƐŶŽƚĞdžŝƐƚͿ ϭϯϰϰ ^LJƐƚĞŵŚĂƐĂďŝůŝƚLJƚŽƌĞĐůĂƐƐŝĨLJƉŽƐŝƚŝŽŶƐƚŽĂĚŝĨĨĞƌĞŶƚďĂŶĚͬŐƌĂĚĞ ϭϯϰϱ hƐĞƌƐĐĂŶŵĂƌŬƉŽƐŝƚŝŽŶƐďLJƉƌŝŽƌŝƚLJĨŽƌƌĞĐƌƵŝƚŵĞŶƚϭϯϰϲ ^LJƐƚĞŵƚƌĂĐŬƐĂĐĐŽŵŵŽĚĂƚŝŽŶƐĨŽƌĞĂĐŚŝŶĐŝĚĞŶƚͬĐůĂŝŵ;ǁŽƌŬ ĂĐĐŽŵŵŽĚĂƚŝŽŶƐ͕ƐƚĂƌƚͬĞŶĚĚĂƚĞ͕ĂůƚĞƌŶĂƚĞĚƵƚLJ͕ĞƚĐ͘Ϳ ϭϯϰϳ ^LJƐƚĞŵƚƌĂĐŬƐŵĂdžŝŵƵŵƚŝŵĞĨŽƌƌĞƐƚƌŝĐƚĞĚĚƵƚLJ ϭϯϰϴ ^LJƐƚĞŵƚƌĂĐŬƐŵƵůƚŝƉůĞĂĐĐŽŵŵŽĚĂƚŝŽŶƐƚĂƌƚͬĞŶĚĚĂƚĞƉĞƌĐĂƐĞ ϭϯϰϵ ^LJƐƚĞŵĂůůŽǁƐƵƐĞƌƐƚŽĞŶƚĞƌŶŽƚĞƐŽŶĐůĂŝŵĂŶĚŝŶĐŝĚĞŶƚƌĞĐŽƌĚƐϭϯϱϬ ^LJƐƚĞŵĂůůŽǁƐƵƐĞƌƐƚŽƵƉůŽĂĚĚŽĐƵŵĞŶƚƐƚŽŝŶĐŝĚĞŶƚƐͬĐůĂŝŵƐϭϯϱϭ ^LJƐƚĞŵĐĂŶĂƚƚĂĐŚŵƵůƚŝƉůĞĚŽĐƵŵĞŶƚƐƌĞůĂƚĞĚƚŽǁŽƌŬĞƌƐĐŽŵƉĞŶƐĂƚŝŽŶĂŶĚ ƌŝƐŬͬƐĂĨĞƚLJ ϭϯϱϮ ^LJƐƚĞŵĐĂŶƚƌĂĐŬĚĂƚĞŽĨŝŶũƵƌLJ͕ǁŽƌŬĞƌĐŽŵƉĞŶƐĂƚŝŽŶĚĂƚĞƐ͕ĂŶĚƉůĂĐĞ;ďŽĚLJ ƉĂƌƚͿŽĨŝŶũƵƌLJϭϯϱϯ ^LJƐƚĞŵǁŝůůĂůůŽǁƵƐĞƌƐƚŽŶŽƚĞůŽĐĂƚŝŽŶ;ƉŚLJƐŝĐĂůͿǁŚĞƌĞŝŶĐŝĚĞŶƚŚĂƉƉĞŶĞĚ ĂŶĚůŝŶŬŝƚƚŽ'/^͘ ϭϯϱϰ ^LJƐƚĞŵƉƌŽǀŝĚĞƐŶŽƚŝĨŝĐĂƚŝŽŶ;ƚŽĞŵƉůŽLJĞĞ͕ƐƵƉĞƌǀŝƐŽƌ͕ĂŶĚ,ZͿŽĨŵĂdžŝŵƵŵ ƚŝŵĞƌĞĂĐŚĞĚĨŽƌƌĞƐƚƌŝĐƚĞĚĚƵƚLJϭϯϱϱ ^LJƐƚĞŵƵƐĞĚƚŽƚƌĂĐŬĂůůŝŶĐŝĚĞŶƚƐͬŝŶũƵƌŝĞƐϭϯϱϲ ^LJƐƚĞŵĐĂŶƚƌĂĐŬůĂŝŵEƵŵďĞƌǁŝƚŚŝŶŝŶĐŝĚĞŶƚͬŝŶũƵƌLJϭϯϱϳ ^LJƐƚĞŵĐĂŶƚƌĂĐŬ^^ͬKdZĂŶĚŽŵ^ĐƌĞĞŶŝŶŐ ϭϯϱϴ ^LJƐƚĞŵĂůůŽǁƐƚƌĂĐŬŝŶŐŽĨ>ůŝĐĞŶƐĞƐĂŶĚĂƐƐŽĐŝĂƚĞĚŵĞĚŝĐĂůĐĞƌƚŝĨŝĐĂƚŝŽŶ͖ ƐĞŶĚƐŶŽƚŝĐĞƐƚŽĞŵƉůŽLJĞĞƐŽĨĚƵĞĚĂƚĞƐϭϯϱϵ ^LJƐƚĞŵĂůůŽǁƐƌĞƉŽƌƚŝŶŐĨƵŶĐƚŝŽŶĂůŝƚLJŽŶĞŵƉůŽLJĞĞĂĐĐŝĚĞŶƚƐĂŶĚŝŶũƵƌŝĞƐ;ŝ͘Ğ͘ K^,͕ϯϬϬůŽŐƐ͍ͿϭϯϲϬ ^LJƐƚĞŵŚĂƐƚŚĞĂďŝůŝƚLJƚŽŚŝĚĞƐĞŶƐŝƚŝǀĞĚĂƚĂǁŝƚŚŝŶƚŚĞĨŝůĞ͕ďĂƐĞĚŽŶƵƐĞƌ ƉƌĞĨĞƌĞŶĐĞƐĂŶĚĐŽŶĨŝŐƵƌĂƚŝŽŶĚĞĐŝƐŝŽŶƐ͘;ŝ͘Ğ͘ƌŽůĞďĂƐĞĚƐĞĐƵƌŝƚLJǁŝůůŶŽƚ ĂůůŽǁƐŽŵĞƐƚĂĨĨƚŽƐĞĞƐŽŵĞƚŚŝŶŐƐͿϭϯϲϭ ,ZƐƚĂĨĨƚŚĂƚŵĂŶĂŐĞƌŝƐŬŚĂǀĞƚŚĞĂďŝůŝƚLJƚŽƐĞĞǁŚŽŝƐŽŶǁŽƌŬĞƌƐĐŽŵƉ͕ ĨƌŽŵƚŚĞƉĂLJƌŽůůƐŝĚĞ͘ ϭϯϲϮ ^LJƐƚĞŵƚƌĂĐŬƐŚŝƐƚŽƌLJŽĨĂůůĚĞƉĞŶĚĞŶƚƐĐŚĂŶŐĞƐ ϭϯϲϯ ^LJƐƚĞŵĂůůŽǁƐĂůůĐŚĂŶŐĞƐƚŽďĞŶĞĨŝƚƉůĂŶƐ͕ƌĂƚĞƐ͕ĂŶĚĞůŝŐŝďŝůŝƚLJďĞŵĂĚĞ ƚŚƌŽƵŐŚĞĨĨĞĐƚŝǀĞĚĂƚŝŶŐϭϯϲϰ ^LJƐƚĞŵŚĂƐĂďŝůŝƚLJƚŽĞŶƐƵƌĞϭͿƚŚĞďĞŶĞĨŝƚĞůŝŐŝďŝůŝƚLJĚĂƚĞĂŶĚϮͿĚĞĚƵĐƚŝŽŶ ĚĂƚĞĐĂŶďĞƚǁŽƐĞƉĂƌĂƚĞĚĂƚĞƐϭϯϲϱ ^LJƐƚĞŵĂƵƚŽŵĂƚŝĐĂůůLJĚĞƚĞƌŵŝŶĞƐĞŵƉůŽLJĞĞĞůŝŐŝďŝůŝƚLJďLJĞŵƉůŽLJĞĞƐƚĂƚƵƐ;ĨƵůů ƚŝŵĞǀƐ͘ŶŽƚĨƵůůƚŝŵĞͿ ϭϯϲϲ ^LJƐƚĞŵĂůůŽǁƐĐŽƉLJŝŶŐŽĨƚĂďůĞƐĨŽƌƐĞƚƵƉϭϯϲϳ ^LJƐƚĞŵŵĂŝŶƚĂŝŶƐŵƵůƚŝƉůĞďĞŶĞĨŝƚƉůĂŶƐĞĂĐŚŚĂǀŝŶŐŵƵůƚŝƉůĞŽƉƚŝŽŶƐ ϭϯϲϴ ^LJƐƚĞŵƚƌĂĐŬƐďĞŶĞĨŝƚƐĂŶĚŵĂŶĂŐĞƐƉĂLJƌŽůůĚĞĚƵĐƚŝŽŶƐĨŽƌďĞŶĞĨŝƚƐĨŽƌ ĞŵƉůŽLJĞĞƐ ϭϯϲϵ ^LJƐƚĞŵƐƵƉƉŽƌƚƐŵĂƐƐĐŚĂŶŐĞƐĨŽƌŚĞĂůƚŚƉůĂŶƵƉĚĂƚĞƐ;ďLJĞŵƉůŽLJĞĞƐǁŝƚŚy ƉůĂŶͿϭϯϳϬ ^LJƐƚĞŵƚƌĂĐŬƐĂƌƌĞĂƌƐŽĨďĞŶĞĨŝƚƐŽǁĞĚďLJĞŵƉůŽLJĞĞƐĨƌŽŵůĞĂǀĞŽĨĂďƐĞŶĐĞ ;ƵŶƉĂŝĚƚŝŵĞͿ ϭϯϳϭ ^LJƐƚĞŵĂůůŽǁƐĐŚĂŶŐĞƐŝŶƉƌĞŵŝƵŵĂŵŽƵŶƚƐƚŽďĞŵĂĚĞǁŝƚŚĞĨĨĞĐƚŝǀĞĚĂƚŝŶŐϭϯϳϮ ^LJƐƚĞŵĐĂŶŐĞŶĞƌĂƚĞdŽƚĂůŽŵƉĞŶƐĂƚŝŽŶ^ƚĂƚĞŵĞŶƚƐĨŽƌĞĂĐŚĞŵƉůŽLJĞĞ ϭϯϳϯ ^LJƐƚĞŵŚĂƐƚŚĞĂďŝůŝƚLJƚŽƚƌĂĐŬůĞĂǀĞďĂůĂŶĐĞƐŝŶǀĂƌŝŽƵƐĚŝĨĨĞƌĞŶƚǁĂLJƐ͘ WůĞĂƐĞƉƌŽǀŝĚĞĞdžĂŵƉůĞƐŝŶƚŚĞĐŽŵŵĞŶƚƐ͘ ϭϯϳϰ ůůŽǁƐĨŽƌƐĞůĨͲƐĞƌǀŝĐĞĐŚĂŶŐĞƐƚŽϰϱϳ͕ZŽƚŚĞƚĐ͘ǁŝƚŚĚŝƌĞĐƚƉŽƐƚŝŶŐƚŽƉĂLJƌŽůů ĂŶĚƐƵďŵŝƐƐŝŽŶƚŽƉůĂŶƉƌŽǀŝĚĞƌǀŝĂƐĞůĨͲƐĞƌǀŝĐĞƉŽƌƚĂůϭϯϳϱ 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^LJƐƚĞŵĂůůŽǁƐĂƉƉůŝĐĂŶƚƐƚŽĚŽŽŶĞͲǁĂLJŝŶƚĞƌǀŝĞǁƐĂŶĚƵƉůŽĂĚǀŝĚĞŽŽŶƚŚĞƐLJƐƚĞŵ ϭϬϰϵ ^LJƐƚĞŵŝƐĂďůĞƚŽŝŶƚĞŐƌĂƚĞǁŝƚŚƚŚŝƌĚͲƉĂƌƚLJƐLJƐƚĞŵƐƚŚĂƚĂůůŽǁĨŽƌŽŶĞͲǁĂLJŝŶƚĞƌǀŝĞǁƐϭϬϱϬ ^LJƐƚĞŵĂůůŽǁƐĞůŝŐŝďŝůŝƚLJůŝƐƚƐƚŽďĞƌŽƵƚĞĚĨŽƌĂƉƉƌŽǀĂů;Ğ͘Ő͕͘ĐĞƌƚŝĨŝĐĂƚŝŽŶďLJŝƚLJDĂŶĂŐĞƌͿϭϬϲϰ ^LJƐƚĞŵĨŽƌĐĞƐŶĞǁŚŝƌĞƐƚŽĐŽŵƉůĞƚĞƌĞƋƵŝƌĞĚƚƌĂŝŶŝŶŐŽƌĐĞƌƚŝĨŝĐĂƚŝŽŶ;ƐƉĞĐŝĨŝĞĚďLJƐƵƉĞƌǀŝƐŽƌͿ ďĞĨŽƌĞƚŚĞLJďĞŐŝŶǁŽƌŬŝŶŐ ϭϬϳϳ ďŝůŝƚLJƚŽƌĞƐƚƌŝĐƚƵƐĞƌƐĂĐĐĞƐƐƚŽƌĞĐƌƵŝƚŵĞŶƚďĂƐĞĚŽŶƚŚĞŝƌďƵƐŝŶĞƐƐĐƌŝƚĞƌŝĂĞ͘Ő͘ZWh͕W͕&ŝƌĞ͕ ŝƚLJϭϬϳϵ ^LJƐƚĞŵŝŶĨŽƌŵĂƚŝŽŶŝƐƉƌŽĐĞƐƐĞĚŝŶƌĞĂůͲƚŝŵĞďĂƐĞĚŽŶƵƐĞƌĚĞĨŝŶĞĚĐƌŝƚĞƌŝĂϭϬϴϲ ďŝůŝƚLJƚŽƚƌĂĐŬƚŝŵĞĨŽƌŶŽŶĐŽŵƉĞŶƐĂƚĞĚĞŵƉůŽLJĞĞƐ ϭϭϬϳ ^LJƐƚĞŵǁŝůůĂůůŽǁƵƐĞƌƚŽĐůŽĐŬͲŝŶϮϰŚŽƵƌƐŽƌŵŽƌĞǁŝƚŚŝŶĂĚĂLJďĂƐĞĚŽŶƐĞĐƵƌŝƚLJĂƉƉƌŽǀĂů͘&Žƌ ĞdžĂŵƉůĞ͕ǁŽƌŬŚŽƵƌƐ͕ůĞĂǀĞƚŝŵĞĂŶĚĚŽƵďůĞƚŝŵĞ͘/ĨŶŽ͕ĞdžƉůĂŝŶŚŽǁƐLJƐƚĞŵǁŽƵůĚĂĐĐŽŵŵŽĚĂƚĞ ƚŚŝƐ͘ϭϭϬϴ ^LJƐƚĞŵƚŽĂůůŽǁĞŵƉůŽLJĞĞƐƚŽĚĞĐŝĚĞŝĨƚŚĞLJǁĂŶƚƚŽƚĂŬĞŽǀĞƌƚŝŵĞǁŚĞŶĞŶƚĞƌŝŶŐͬƉƌŽĐĞƐƐŝŶŐ ƚŝŵĞ;ĂƐŽƉƉŽƐĞƚŽĐŽŵƉƚŝŵĞͿ ϭϭϮϮ ^LJƐƚĞŵĂůůŽǁƐƐƵƉĞƌǀŝƐŽƌƐƚŽĚĞůĞŐĂƚĞƚŝŵĞĂƉƉƌŽǀĂůƚŽŽƚŚĞƌƵƐĞƌƐ ϭϭϮϯ ƵƐŝŶĞƐƐƌƵůĞƐŝŶƚŝŵĞƐŚĞĞƚĂƵƚŽŵĂƚŝĐĂůůLJĂƉƉůLJƐŚŝĨƚĚŝĨĨĞƌĞŶƚŝĂůϭϭϮϰ ƵƐŝŶĞƐƐƌƵůĞƐŝŶƚŝŵĞƐŚĞĞƚĂƵƚŽŵĂƚŝĐĂůůLJĂƉƉůLJŽǀĞƌƚŝŵĞϭϭϮϱ ƵƐŝŶĞƐƐƌƵůĞƐŝŶƚŝŵĞƐŚĞĞƚĂƵƚŽŵĂƚŝĐĂůůLJĂƉƉůLJŚŽůŝĚĂLJƉĂLJ ϭϭϮϲ ^LJƐƚĞŵŵĂŝŶƚĂŝŶƐŚŽůŝĚĂLJƐĐŚĞĚƵůĞĂŶĚĂƵƚŽŵĂƚŝĐĂůůLJĂƉƉůŝĞƐŚŽůŝĚĂLJƉĂLJƌƵůĞƐĂŶĚƵƉĚĂƚĞƐ ĞŵƉůŽLJĞĞƚŝŵĞƐŚĞĞƚďĂƐĞĚŽŶĞůŝŐŝďŝůŝƚLJƌƵůĞƐ ϭϭϯϴ ϴϵŝϭϭϰϰ ^LJƐƚĞŵǁŝůůĨůĂŐĞŵƉůŽLJĞĞƐƚŚĂƚǁŽƌŬŵŽƌĞƚŚĂŶϮ͕ϬϴϬŚŽƵƌƐĂŶĚĐĂƚĞŐŽƌŝnjĞĂŶLJĂĚĚŝƚŝŽŶĂůƚŝŵĞ ĂƐŽǀĞƌƚŝŵĞ ϭϭϰϴ ^LJƐƚĞŵĐĂŶƉƌŽĚƵĐĞƌĞƉŽƌƚƐŽŶŽǀĞƌƚŝŵĞƉĂLJ ϭϭϰϵ ^LJƐƚĞŵĐĂŶƉƌŽĚƵĐĞƌĞƉŽƌƚƐŽŶƐŚŝĨƚĚŝĨĨĞƌĞŶƚŝĂůƐϭϭϱϬ ^LJƐƚĞŵĐĂŶƉƌŽĚƵĐĞƌĞƉŽƌƚƐŽŶƐƚĂŶĚͲďLJϭϭϱϭ 'ĞŶĞƌĂƚĞƐǁŽƌŬŽƌĚĞƌƐĨŽƌƚŚĞĨŽůůŽǁŝŶŐ͗ϭϭϱϮ sĞŚŝĐůĞƐ ϭϭϱϯ ƋƵŝƉŵĞŶƚ ϭϭϱϰ &ĂĐŝůŝƚŝĞƐͬ^ŝƚĞƐϭϭϱϱ ƵŝůĚŝŶŐƐϭϭϱϲ /ŶĨƌĂƐƚƌƵĐƚƵƌĞĂƐƐĞƚƐϭϭϱϳ >ĂŶĚ ϭϭϱϴ tĂƚĞƌ ϭϭϱϵ 'ĞŶĞƌĂůDĂŝŶƚĞŶĂŶĐĞϭϭϲϬ ^ƚƌĞĞƚƐϭϭϲϭ ƵŝůĚŝŶŐDĂŝŶƚĞŶĂŶĐĞϭϭϲϮ /d ϭϭϲϯ ŽŶƚƌĂĐƚƐͬWƌŽĐƵƌĞŵĞŶƚ ϭϭϲϰ KƚŚĞƌƵƐĞƌĚĞĨŝŶĞĚϭϭϲϱ ^ĞƌǀŝĐĞŽƌĚĞƌƐĨƌŽŵƚŚŝƌĚͲƉĂƌƚLJƐLJƐƚĞŵƐ;ůŝŬĞĂLJĞŶƚĂͿϭϭϲϲ ^ƉĞĐŝĂů ǀĞŶƚ ϭϭϲϳ ďŝůŝƚLJĨŽƌƌĞƋƵĞƐƚĞƌ;ZWhŽƌZĞƐŝĚĞŶƚͿƚŽĞŶƚĞƌŽƌĐƌĞĂƚĞĂƐĞƌǀŝĐĞƌĞƋƵĞƐƚĨƌŽŵĂŶŽŶůŝŶĞ ƉŽƌƚĂůͬƐĞůĨͲƐĞƌǀŝĐĞ͕ŽƌZWhtĞďƐŝƚĞϭϭϲϴ ďŝůŝƚLJƚŽƚƌĂĐŬĐƵƐƚŽŵĞƌƌĞƋƵĞƐƚϭϭϲϵ dƌĂĐŬĐŽŶƚĂĐƚŝŶĨŽƌŵĂƚŝŽŶŽĨƚŚĞƌĞƋƵĞƐƚĞƌƚŽŝŶĐůƵĚĞ͗ϭϭϳϬ EĂŵĞ ϭϭϳϭ ŽŵƉĂŶLJŶĂŵĞ ϭϭϳϮ WŚŽŶĞϭϭϳϯ ĞŵĂŝůĂĚĚƌĞƐƐϭϭϳϰ ĚĚƌĞƐƐϭϭϳϱ /ŶƚĞƌŶĂů;ŝƚLJŽƌZĞƐŝĚĞŶƚͿ ϭϭϳϲ ĞƉĂƌƚŵĞŶƚ ϭϭϳϳ ĚĚƌĞƐƐϭϭϳϴ KƚŚĞƌƵƐĞƌͲĚĞĨŝŶĞĚĐŽŶƚĞŶƚϭϭϳϵ ďŝůŝƚLJƚŽŶŽƚŝĨLJĐƵƐƚŽŵĞƌ;ŝŶƚĞƌŶĂůŽƌĞdžƚĞƌŶĂůͿŽŶƚŚĞĐŽŵƉůĞƚŝŽŶŽƌƐƚĂƚƵƐŽĨĂƚĂƐŬ͘ ϭϭϴϬ 'ĞŶĞƌĂƚĞƐĞƌǀŝĐĞƌĞƋƵĞƐƚƐĨƌŽŵŽƵƚƐŝĚĞŽĨƚŚĞŽƌŐĂŶŝnjĂƚŝŽŶĂŶĚƌŽƵƚĞƚŽƚŚĞĂƉƉƌŽƉƌŝĂƚĞƵƐĞƌĨŽƌ ƌĞǀŝĞǁĂŶĚĂƉƉƌŽǀĂů͘ ϭϭϴϭ 'ĞŶĞƌĂƚĞǁŽƌŬŽƌĚĞƌƐĨƌŽŵŵƵůƚŝƉůĞƐŽƵƌĐĞƐ;Ğ͘Ő͕͘ƐĞƌǀŝĐĞƌĞƋƵĞƐƚ͕WD͕ŵĂŶƵĂůͿĂŶĚƌŽƵƚĞƚŽƚŚĞ ĂƉƉƌŽƉƌŝĂƚĞƵƐĞƌĨŽƌƐĐŚĞĚƵůŝŶŐ͘ϭϭϴϮ dŚĞƐLJƐƚĞŵŵƵƐƚƉƌŽǀŝĚĞĂŶĚƌĞĐĞŝǀĞƌĞĂůͲƚŝŵĞĚĂƚĂĂŶĚŝŶĨŽƌŵĂƚŝŽŶƚŽͬĨƌŽŵŽƚŚĞƌŵŽĚƵůĞƐ;,Z͕ &͕ĞƚĐ͘Ϳ͘ ϭϭϴϯ ďŝůŝƚLJĨŽƌƵƐĞƌƚŽĂĚĚƵƐĞƌͲĚĞĨŝŶĂďůĞƐƚĂƚƵƐĐŽĚĞƐŽŶƚŚĞǁŽƌŬƌĞƋƵĞƐƚͬŽƌĚĞƌ;Ğ͘Ő͘͘ΖƌĞƐĐŚĞĚƵůĞĚΖ͕ ΖǁĂŝƚŝŶŐĨŽƌƉĂƌƚΖ͕ĞƚĐ͘Ϳϭϭϴϰ hƐĞƌĐĂŶƐƉĞĐŝĨLJĚĞĨĂƵůƚǀĂůƵĞƐĨŽƌĂůůĨŝĞůĚƐ͘ϭϭϴϱ ^ƵƉƉŽƌƚŵĂĐƌŽĨƵŶĐƚŝŽŶĂůŝƚLJ;ƚŚŝƐĂůůŽǁƐƐĞǀĞƌĂůƚĂƐŬƐĨŽƌŽŶĞĂĐĐŽƵŶƚͲŝ͘Ğ͘ĚŝĂƌLJĐŽŵŵĞŶƚƐ͕ ƵƉĚĂƚĞůŽĐĂƚŝŽŶƌĞĐŽƌĚĂŶĚŵĂƐƚĞƌĨŝůĞĨŝĞůĚǁŝƚŚĂƉƉƌŽƉƌŝĂƚĞŝŶĨŽƌŵĂƚŝŽŶ͕ĞƚĐ͘Ϳϭϭϴϲ ^LJƐƚĞŵƐƵƉƉŽƌƚƐƌĞĐŽƌĚƵƐĞͬƚŝŵĞƐƚĂŵƉŝŶŐ͘ϭϭϴϳ ƚƚĂĐŚƚŽǁŽƌŬŽƌĚĞƌƐĂŶLJŚŝƐƚŽƌŝĐĂůǁŽƌŬŽƌĚĞƌŝŶĨŽƌŵĂƚŝŽŶŝŶĐůƵĚŝŶŐ͗ϭϭϴϴ ĂůůǁŽƌŬĂƐƐŽĐŝĂƚĞĚǁŝƚŚƚŚĞĂƐƐĞƚ ϭϭϴϵ ĂůůǁŽƌŬĂƐƐŽĐŝĂƚĞĚǁŝƚŚƚŚĞůŽĐĂƚŝŽŶ ϭϭϵϬ dŚĞƐLJƐƚĞŵŵƵƐƚďĞĞdžƉĂŶĚĂďůĞƚŽĂĚĚĞůĞĐƚƌŽŶŝĐĚĞǀŝĐĞƐĨŽƌŝŶƉƵƚΘŽƵƚƉƵƚ͕Ğdž͘ǁŽƌŬŽƌĚĞƌƐ ĚŝƐƉĂƚĐŚĞĚƚŽƚĞĐŚŶŝĐŝĂŶƐ͕ŝŶǀĞŶƚŽƌLJƚƌĂŶƐĨĞƌƐ͕ǁŽƌŬŽƌĚĞƌĐůŽƐĞŽƵƚ͕ǀŝĞǁĐŽŵƉŽŶĞŶƚŚŝƐƚŽƌLJϭϭϵϭ >ŝŶŬĚŽĐƵŵĞŶƚƐƚŽĂůůŝƚĞŵƚLJƉĞƐ;ďƵŝůĚŝŶŐƐ͕ĂƌĞĂƐ͕ĞƋƵŝƉŵĞŶƚ͕ĂƐƐĞƚƐͿ͘ ϭϭϵϮ ^LJƐƚĞŵŚĂƐƚŚĞĂďŝůŝƚLJƚŽĂƚƚĂĐŚƚĞƐƚƌĞƐƵůƚƌĞĐŽƌĚ;ĨŽƌŵ͕ĨƌĞĞĨŽƌŵĚŽĐƵŵĞŶƚ͕ƉŝĐƚƵƌĞƐ͕ĂŵŽŶŐ ŽƚŚĞƌƐͿϭϭϵϯ ƐƚĂďůŝƐŚŵĂŶĚĂƚŽƌLJĨŝĞůĚƐŽŶǁŽƌŬƌĞƋƵĞƐƚĨŽƌŵƐƐƵĐŚƚŚĂƚ͗ϭϭϵϰ ƚŚĞƐƵďŵŝƐƐŝŽŶŽĨĂǁŽƌŬƌĞƋƵĞƐƚŝƐƉƌĞǀĞŶƚĞĚŝĨĂŶLJŵĂŶĚĂƚŽƌLJŝŶĨŽƌŵĂƚŝŽŶŝƐŵŝƐƐŝŶŐ͕ĂŶĚ ϭϭϵϱ ƚŚĞƌĞƋƵĞƐƚŽƌŝƐƉƌŽŵƉƚĞĚĨŽƌĐŽŵƉůĞƚŝŽŶŽĨŵĂŶĚĂƚŽƌLJŝŶĨŽƌŵĂƚŝŽŶ ϭϭϵϲ WůĂŶƐƚĂĨĨĂǀĂŝůĂďŝůŝƚLJǁŝƚŚƚŚĞĨŽůůŽǁŝŶŐďƌĞĂŬĚŽǁŶŽĨůĂďŽƌŚŽƵƌƐ͗ϭϭϵϳ WƌŽĚƵĐƚŝǀĞŚŽƵƌƐϭϭϵϴ EŽŶͲWƌŽĚƵĐƚŝǀĞ,ŽƵƌƐ;Ğ͘Ő͕͘sĂĐĂƚŝŽŶ͕ĞƌĞĂǀĞŵĞŶƚ͕:ƵƌLJƵƚLJ͕ĞƚĐ͘Ϳ ϭϭϵϵ ǀĂŝůĂďŝůŝƚLJďLJƐŚŝĨƚ ϭϮϬϬ dƌĂŝŶŝŶŐĂŶĚĞƌƚŝĨŝĐĂƚŝŽŶ ϭϮϬϭ ƐƚĂďůŝƐŚdĂƐŬͬĂĐƚŝǀŝƚLJƉĞƌĨŽƌŵĂŶĐĞƌĂƚĞƐďĂƐĞĚŽŶƚŚĞƋƵĂŶƚŝƚLJŽĨǁŽƌŬĐŽŵƉůĞƚĞĚǁŝƚŚŝŶĂ ƐĐŚĞĚƵůĞĚǁŽƌŬĚĂLJϭϮϬϮ ƌĞĂƚĞƐĂǁŽƌŬŽƌĚĞƌĨƌŽŵĂƐĞƌǀŝĐĞƌĞƋƵĞƐƚ͘ϭϮϬϯ dŚĞƐLJƐƚĞŵŵƵƐƚŶŽƚŝĨLJƌĞƋƵĞƐƚŽƌǁŚĞŶǁŽƌŬŚĂƐďĞĞŶĐŽŵƉůĞƚĞĚƚŚƌŽƵŐŚĂƵƚŽŵĂƚĞĚ ŶŽƚŝĨŝĐĂƚŝŽŶ͘ ϭϮϬϰ dŚĞƐLJƐƚĞŵŵƵƐƚŐĞŶĞƌĂƚĞǁŽƌŬŽƌĚĞƌƐǁŝƚŚŽƵƚĂƐĞƌǀŝĐĞƌĞƋƵĞƐƚ͘ϭϮϬϱ ^LJƐƚĞŵĐĂŶĐůĂƐƐŝĨLJƚŚĞĨŽůůŽǁŝŶŐƚLJƉĞƐŽĨǁŽƌŬŽƌĚĞƌƐ͗ϭϮϬϲ ^ĂĨĞƚLJϭϮϬϳ ŵĞƌŐĞŶĐLJ ϭϮϬϴ WƌĞǀĞŶƚŝǀĞDĂŝŶƚĞŶĂŶĐĞ ϭϮϬϵ ŽƌƌĞĐƚŝǀĞϭϮϭϬ WƌŽũĞĐƚϭϮϭϭ hƐĞƌͲĚĞĨŝŶĞĚĐůĂƐƐŝĨŝĐĂƚŝŽŶƐĂŶĚƚLJƉĞƐ ϭϮϭϮ ƵƚŽŵĂƚŝĐĂůůLJŐĞŶĞƌĂƚĞƐƉƌĞǀĞŶƚŝǀĞŵĂŝŶƚĞŶĂŶĐĞ;WDͿǁŽƌŬŽƌĚĞƌƐďĂƐĞĚŽŶ͗ ϭϮϭϯ WƌŽũĞĐƚĚƵĞĚĂƚĞƐ ϭϮϭϰ ŐĞϭϮϭϱ E ZĐŽŵƉůŝĂŶĐĞϭϮϭϴ ƐƐĞƚƚLJƉĞ ϭϮϭϵ &ĂŝůƵƌĞŽĚĞǁŝƚŚĂƐƐŽĐŝĂƚĞĚƌĞŵĞĚLJ ϭϮϮϬ KƚŚĞƌƵƐĞƌĚĞĨŝŶĞĚƐĐŚĞĚƵůĞĂŶĚͬŽƌƌĞŐƵůĂƚŽƌLJƌĞƋƵŝƌĞŵĞŶƚƐ͘WůĞĂƐĞůŝƐƚĂůůƉƌĞǀĞŶƚĂƚŝǀĞ ŵĂŝŶƚĞŶĂŶĐĞƌĞŐƵůĂƚŽƌLJƌĞƋƵŝƌĞŵĞŶƚƐƚŚĂƚĐŽŵĞŽƵƚͲŽĨͲƚŚĞͲďŽdž͘ϭϮϮϭ 'ĞŶĞƌĂƚĞƐƵŶŝƋƵĞǁŽƌŬŽƌĚĞƌŶƵŵďĞƌ͗ϭϮϮϮ ƵƚŽŵĂƚŝĐĂůůLJ ϭϮϮϯ DĂŶƵĂůůLJ ϭϮϮϰ ŝƐƉůĂLJƐƚŚĞĨŽůůŽǁŝŶŐŝŶƐƵƉƉŽƌƚŽĨĂŐŝǀĞŶǁŽƌŬŽƌĚĞƌ͗ϭϮϮϱ ƐƚƌƵĐƚƵƌĞĚƚĂƐŬůŝƐƚϭϮϮϲ ƐƚĂŶĚĂƌĚƉĂƌƚƐůŝƐƚϭϮϮϳ ƌĞƋƵŝƌĞĚĞƋƵŝƉŵĞŶƚ ϭϮϮϴ ƉŽůŝĐŝĞƐĂŶĚƉƌŽĐĞĚƵƌĞƐ ϭϮϮϵ ĂƉƉƌŽǀĞĚůĞǀĞůƐŽĨƐĞƌǀŝĐĞϭϮϯϬ ŚĞĂůƚŚĂŶĚƐĂĨĞƚLJƌĞƋƵŝƌĞŵĞŶƚƐϭϮϯϭ ƚƌĂŝŶŝŶŐĂŶĚĐĞƌƚŝĨŝĐĂƚŝŽŶƌĞƋƵŝƌĞŵĞŶƚƐϭϮϯϮ DĂŝŶƚĂŝŶƐŝŶƐƚƌƵĐƚŝŽŶƐŽƌĐŚĞĐŬůŝƐƚŽŶŚŽǁƚŽĐŽŵƉůĞƚĞƚŚĞǁŽƌŬŽƌĚĞƌ͘ ϭϮϯϯ ^LJƐƚĞŵĐĂŶŝƐƐƵĞĂŶĞŵĞƌŐĞŶĐLJǁŽƌŬŽƌĚĞƌƐƵĐŚƚŚĂƚ͗ ϭϮϯϰ ƚŚĞLJĂƌĞŐĞŶĞƌĂƚĞĚĨƌŽŵƐLJƐƚĞŵĂůĂƌŵƐϭϮϯϱ ŶŽĂƉƉƌŽǀĂůƐĂƌĞƌĞƋƵŝƌĞĚ͕ĂŶĚϭϮϯϲ ŝŶĨŽƌŵĂƚŝŽŶĐĂŶďĞĞŶƚĞƌĞĚĂĨƚĞƌƚŚĞĨĂĐƚ͘ϭϮϯϳ dƌĂĐŬƐƚŚĞĨŽůůŽǁŝŶŐŝŶĨŽƌŵĂƚŝŽŶĂƐƐŽĐŝĂƚĞĚǁŝƚŚĂǁŽƌŬŽƌĚĞƌ͗ ϭϮϯϴ hŶŝƋƵĞǁŽƌŬŽƌĚĞƌŶƵŵďĞƌ ϭϮϯϵ ZĞƋƵĞƐƚŽƌĞŵĂŝůĂĚĚƌĞƐƐϭϮϰϮ ^ƉĞĐŝĂůĐŽŶƐŝĚĞƌĂƚŝŽŶƐĨŽƌĐŽŵƉůĞƚŝŶŐǁŽƌŬ;ďƵŝůĚŝŶŐŚŽƵƌƐ͕ĞƚĐ͘ͿϭϮϰϱ ŵĞƌŐĞŶĐLJ ϭϮϰϳ dLJƉĞ ϭϮϰϴ &ĂĐŝůŝƚLJ/ĂŶĚͬŽƌŶĂŵĞ ϭϮϰϵ ĞƐĐƌŝƉƚŝŽŶŽĨĂƐƐĞƚϭϮϱϬ KƵƚĂŐĞϭϮϱϰ ^ƚĂƌƚĚĂƚĞϭϮϱϴ KƉĞŶ ϭϮϲϬ ,ŽůĚ;ƉĂƌƚƐŽŶŽƌĚĞƌͿ ϭϮϲϭ ƐƐŝŐŶĞĚϭϮϲϮ ůŽƐĞĚϭϮϲϯ /ŶͲĚĞƐŝŐŶϭϮϲϰ tĂŝƚŝŶŐĂƉƉƌŽǀĂů ϭϮϲϱ ZĞƋƵŝƌĞĨŽůůŽǁƵƉ ϭϮϲϲ dĞĐŚŶŝĐĂůůLJĐŽŵƉůĞƚĞϭϮϲϳ hƐĞƌͲĚĞĨŝŶĞĚϭϮϲϴ ZĞƋƵĞƐƚĞĚĐŽŵƉůĞƚŝŽŶĚĂƚĞ ϭϮϲϵ WƌŽũĞĐƚŶƵŵďĞƌ ϭϮϳϭ 'ĞŶĞƌĂůůŽĐĂƚŝŽŶ ϭϮϳϮ >ŽĐĂƚŝŽŶ/ϭϮϳϯ ĞƉĂƌƚŵĞŶƚϭϮϳϰ ƐƐŝŐŶĞĚƚŽ ϭϮϳϱ ƵƐƚŽŵĞƌ ϭϮϳϲ ŽŵƉůĞƚĞĚďLJ ϭϮϳϳ tŚĞƚŚĞƌŽƌŶŽƚƌĞƋƵĞƐƚŝƐƐĂĨĞƚLJͲƌĞůĂƚĞĚϭϮϳϴ WĞƌĐĞŶƚĐŽŵƉůĞƚĞĚϭϮϳϵ ĐĐŽƵŶƚĐŽĚĞ ϭϮϴϬ 'ĞŶĞƌĂƚĞƐǁŽƌŬŽƌĚĞƌƐƚŚĂƚĐŽŶƚĂŝŶŵƵůƚŝƉůĞƚĂƐŬƐ͘ ϭϮϴϭ /ĚĞŶƚŝĨŝĞƐĞƋƵŝƉŵĞŶƚͬĂƐƐĞƚĂƐŽƵƚŽĨƐĞƌǀŝĐĞǁŚŝĐŚǁŽƵůĚƌĞŵŽǀĞĂůůWDǁŽƌŬŽƌĚĞƌƐĂŶĚ ƐĐŚĞĚƵůŝŶŐǁŝƚŚŽƵƚůŽƐŝŶŐŚŝƐƚŽƌLJ͘ϭϮϴϮ WƌĞǀĞŶƚƐĚƵƉůŝĐĂƚĞǁŽƌŬŽƌĚĞƌƐ͘ϭϮϴϯ WƌĞǀĞŶƚƐǁŽƌŬŽƌĚĞƌƐĨƌŽŵĐůŽƐŝŶŐƵŶƚŝůĂůůƌĞůĂƚĞĚƚĂƐŬƐͬũŽďƐĂƌĞĐŽŵƉůĞƚĞĚ͘ ϭϮϴϰ WƌŝŽƌŝƚŝnjĞƐǁŽƌŬŽƌĚĞƌƐďĂƐĞĚŽŶƵƐĞƌͲĚĞĨŝŶĞĚƉĂƌĂŵĞƚĞƌƐŽƌĂƐƐŝŐŶŵĞŶƚƐ͘ ϭϮϴϱ ůůŽǁƐƵƐĞƌƐƚŽŽǀĞƌƌŝĚĞͬŵŽĚŝĨLJƌĞĐƵƌƌŝŶŐŽƌWDǁŽƌŬŽƌĚĞƌƐďĞĨŽƌĞƚŚĞLJĂƌĞĂĐƚƵĂůůLJŐĞŶĞƌĂƚĞĚ ǁŝƚŚĂƉƉƌŽƉƌŝĂƚĞƐĞĐƵƌŝƚLJ͘ϭϮϴϲ WůĂĐĞƐĂǁŽƌŬŽƌĚĞƌŽŶΗŚŽůĚΗƉĞŶĚŝŶŐƉĂƌƚƐĂƌƌŝǀĂů͕ĞƚĐ͘ϭϮϴϳ EŽƚŝĨŝĞƐƵƐĞƌƐǀŝĂĞŵĂŝůǁŚĞŶĂǁŽƌŬŽƌĚĞƌŝƐŽŶŚŽůĚǁŝƚŚƌĞĂƐŽŶ͘ ϭϮϴϴ WƌŽǀŝĚĞƐĂƵƚŽŵĂƚŝĐŶŽƚŝĨŝĐĂƚŝŽŶŽĨǁŽƌŬŽƌĚĞƌƐƚĂƚƵƐĨŽƌ͗ ϭϮϴϵ tŽƌŬŽƌĚĞƌŝŶŝƚŝĂƚŝŽŶϭϮϵϬ tŽƌŬŽƌĚĞƌƐƚĂƚƵƐĐŚĂŶŐĞϭϮϵϭ tŽƌŬŽƌĚĞƌŚŽůĚϭϮϵϮ ŽŵƉůĞƚĞĚ ϭϮϵϯ ůŽƐĞĚ ϭϮϵϰ KƚŚĞƌƵƐĞƌĚĞĨŝŶĞĚĐƌŝƚĞƌŝĂϭϮϵϱ ZĞƋƵŝƌĞĨŽůůŽǁƵƉϭϮϵϲ dĞĐŚŶŝĐĂůůLJĐŽŵƉůĞƚĞ ϭϮϵϳ ^LJƐƚĞŵĐĂŶƚƌĂĐŬƚŚĞƐŬŝůůůĞǀĞůĂŶĚĐĞƌƚŝĨŝĐĂƚŝŽŶďLJƚƌĂĚĞ͘ ϭϮϵϴ WƌŽǀŝĚĞƐƵŶůŝŵŝƚĞĚŶƵŵďĞƌŽĨƵƐĞƌͲĚĞĨŝŶĞĚƚƌĂĚĞƐ;/͘Ğ͘ƉůƵŵďŝŶŐ͕ĐĂƌƉĞŶƚƌLJ͕ĞƚĐ͘Ϳ ϭϮϵϵ ^LJƐƚĞŵĐĂŶŝŵƉŽƌƚĚĂƚĂĨƌŽŵĂŶĞdžƚĞƌŶĂůƐŽƵƌĐĞ͘ϭϯϬϬ ^LJƐƚĞŵŝŶĚŝĐĂƚĞƐƚŚĞƉƌĞƐĞŶĐĞŽĨĂƚƚĂĐŚŵĞŶƚƐŽŶĂůůƐĐƌĞĞŶƐĨŽƌĂƚƚĂĐŚĞĚŶŽƚĞƐ͕ĚŽĐƵŵĞŶƚƐ͕ ŝŵĂŐĞƐ͕ĞƚĐ͘ϭϯϬϭ ůůŽǁƐƵƐĞƌƚŽĞŶƚĞƌƵŶŝƋƵĞŝŶĨŽƌŵĂƚŝŽŶƚŽĂũŽďǁŚĞŶĂǁŽƌŬŽƌĚĞƌŝƐĐƌĞĂƚĞĚŽƌĞdžĞĐƵƚĞĚ͘ ϭϯϬϮ hƐĞƌĐĂŶĂƐƐŝŐŶǁŽƌŬŽƌĚĞƌƚŽ͗ϭϯϬϯ KŶĞƉĞƌƐŽŶϭϯϬϰ DƵůƚŝƉůĞƉĞŽƉůĞϭϯϬϱ dŚĞƐLJƐƚĞŵŵƵƐƚĂƐƐŝŐŶǁŽƌŬŽƌĚĞƌƚŽ͗ ϭϯϬϲ ^ƵƉĞƌǀŝƐŽƌƐ ϭϯϬϳ dĞĐŚŶŝĐŝĂŶƐϭϯϬϴ ƌĞǁƐϭϯϬϵ ŽŶƚƌĂĐƚŽƌƐ ϭϯϭϬ ^ƵďͲĐŽŶƚƌĂĐƚŽƌƐ ϭϯϭϭ KƚŚĞƌƵƐĞƌĚĞĨŝŶĞĚŐƌŽƵƉŝŶŐ ϭϯϭϮ dŚĞƐLJƐƚĞŵŵƵƐƚƚƌĂĐŬĂŐƌŽƵƉŽĨǁŽƌŬŽƌĚĞƌƐƚŽĂƉƌŽũĞĐƚ͘ϭϯϭϯ hƐĞƐǁŽƌŬĨůŽǁƚŽĂƉƉƌŽǀĞƚŚĞĨŽůůŽǁŝŶŐ͗ϭϯϭϰ KƉĞŶǁŽƌŬŽƌĚĞƌ ϭϯϭϱ WůĂĐĞǁŽƌŬŽƌĚĞƌŽŶŚŽůĚ;Ğ͘Ő͘ƚĞŵƉŽƌĂƌLJĐůŽƐĞͿ ϭϯϭϲ ĞĨĞƌƌĞĚŵĂŝŶƚĞŶĂŶĐĞ ϭϯϭϳ ůŽƐĞǁŽƌŬŽƌĚĞƌϭϯϭϴ sŽŝĚǁŽƌŬŽƌĚĞƌϭϯϭϵ ^ƵƉƉŽƌƚƐǁŽƌŬŽƌĚĞƌďŝůůŝŶŐĨŽƌƉƌŽũĞĐƚƐ;Ğ͘Ő͕͘ŐƌĂŶƚƐĂŶĚ& DͿ ϭϯϮϬ /ĚĞŶƚŝĨŝĞƐǁŽƌŬŽƌĚĞƌƉĞƌĨŽƌŵĂŶĐĞ;Ğ͘Ő͘ƚŝŵĞƚĞĐŚŶŝĐŝĂŶĂƌƌŝǀĞƐƚŽƚƌŽƵďůĞƐŚŽŽƚͿ ϭϯϮϭ ^LJƐƚĞŵƐŚŽǁƐǁŚĂƚǁŽƌŬǁĂƐƐĐŚĞĚƵůĞĚ͕ǁŚĂƚǁŽƌŬǁĂƐĐŽŵƉůĞƚĞĚ͕ǁŚĞŶŝƚǁĂƐĐŽŵƉůĞƚĞĚ͕ ǁŚĂƚŝƐůĞĨƚƚŽĚŽ͕ǁŚŽĐŽŵƉůĞƚĞĚƚŚĞǁŽƌŬ͕ĂŶĚŚŽǁŵƵĐŚŝƚĐŽƐƚϭϯϮϮ ďŝůŝƚLJĨŽƌƌĞƋƵĞƐƚĞƌƐƚŽďƌŽǁƐĞƐƚĂƚƵƐŽĨƌĞƋƵĞƐƚƐϭϯϮϯ ďŝůŝƚLJĨŽƌǁĞďͲďĂƐĞĚǁŽƌŬŽƌĚĞƌƌĞƋƵĞƐƚƐƚŽďĞƐƵďŵŝƚƚĞĚĂƐĚĞƚĞƌŵŝŶĞĚďLJĂƵƚŚŽƌŝnjĂƚŝŽŶ ƌŽƵƚŝŶŐǁŽƌŬĨůŽǁ ϭϯϮϰ 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dƌĂĐŬĞdžƉĞĐƚĞĚƐĞƌǀŝĐĞůŝĨĞĨŽƌǀĂƌŝŽƵƐĂƐƐĞƚƐĂŶĚĐŽŵƉŽŶĞŶƚĂƐƐĞƚƐϭϯϱϮ ^LJƐƚĞŵĂůůŽǁƐŽǀĞƌƌŝĚĞŽĨƉƌĞǀĞŶƚĂƚŝǀĞŵĂŝŶƚĞŶĂŶĐĞƐĐŚĞĚƵůĞǁŝƚŚƉƌŽƉĞƌƵƐĞƌƐĞĐƵƌŝƚLJĂŶĚ ĂƵƚŚŽƌŝƚLJ ϭϯϱϯ ^LJƐƚĞŵŐĞŶĞƌĂƚĞƐĂůŝƐƚŝŶŐŽĨĂƐƐĞƚƐƚŚĂƚŚĂǀĞŶŽƚĂĚŚĞƌĞĚƚŽWDƐĐŚĞĚƵůĞƐ͘ ϭϯϱϰ ^LJƐƚĞŵƵƉĚĂƚĞƐƉƌĞǀĞŶƚĂƚŝǀĞŵĂŝŶƚĞŶĂŶĐĞƐĐŚĞĚƵůĞŝĨƉƌĞǀŝŽƵƐǁŽƌŬŽƌĚĞƌǁĂƐĂůƌĞĂĚLJ ĐŽŵƉůĞƚĞĚϭϯϱϱ ŽŶƐŽůŝĚĂƚĞŵƵůƚŝƉůĞƐĞƌǀŝĐĞƌĞƋƵĞƐƚƐŝŶƚŽŽŶĞǁŽƌŬŽƌĚĞƌ͘ϭϯϱϲ tŽƌŬŽƌĚĞƌƐĐĂŶĐŽŶƚĂŝŶƵŶůŝŵŝƚĞĚŶƵŵďĞƌŽĨƉŚĂƐĞƐ;ƚĂƐŬƐͿ;ƉůĞĂƐĞŝŶĚŝĐĂƚĞůŝŵŝƚͿ ϭϯϱϳ WƌŝŽƌŝƚLJĨŽƌǁŽƌŬŽƌĚĞƌďĂƐĞĚŽŶĂƐƐĞƚǁŽƌŬƚŽďĞƉĞƌĨŽƌŵĞĚŽŶ;ĚĞƚĞƌŵŝŶĞĚĂŶĚƐĞƚŵĂŶƵĂůůLJͿϭϯϱϴ hƐĞƌĐĂŶŝĚĞŶƚŝĨLJ;ŽǀĞƌƌŝĚĞͿƉƌŝŽƌŝƚLJĨŽƌǁŽƌŬŽƌĚĞƌϭϯϱϵ tŽƌŬŽƌĚĞƌƐĐĂŶďĞŐƌŽƵƉĞĚƚŽĂĐĐŽŵŵŽĚĂƚĞŵƵůƚŝƉůĞǁŽƌŬŽƌĚĞƌƉƌŽĐĞƐƐĞƐ;ƉĂƌĞŶƚͲĐŚŝůĚ ƌĞůĂƚŝŽŶƐŚŝƉͿ ϭϯϲϬ ^LJƐƚĞŵƐƵƉƉŽƌƚƐǀŝĞǁŝŶŐ͕ƵƉĚĂƚŝŶŐ͕ĂŶĚĂĚĚŝŶŐŝŶĨŽƌŵĂƚŝŽŶƚŽǁŽƌŬŽƌĚĞƌƐƚŚƌŽƵŐŚŵŽďŝůĞ ĚĞǀŝĐĞƐŝŶĐůƵĚŝŶŐ͗ϭϯϲϭ >ĂƉƚŽƉǁŝƚŚƌĞĂůƚŝŵĞĚĂƚĂĐĂƌĚĐŽŶŶĞĐƚŝŽŶϭϯϲϮ >ĂƉƚŽƉƚŚĂƚǁŝůůƐLJŶĐǁŝƚŚƐLJƐƚĞŵĂƚŐŝǀĞŶƚŝŵĞƐͬůŽĐĂƚŝŽŶƐϭϯϲϯ ,ĂŶĚŚĞůĚW;ƉůĞĂƐĞůŝƐƚƐƵƉƉŽƌƚĞĚĚĞǀŝĐĞƐŽƌůŝŵŝƚĂƚŝŽŶƐͿ ϭϯϲϰ DŽďŝůĞƵŶŝƚƐƌĞĐĞŝǀĞŶĞǁǁŽƌŬŽƌĚĞƌƐŽƌƵƉĚĂƚĞƐƚŽĞdžŝƐƚŝŶŐǁŽƌŬŽƌĚĞƌƐŝŶƌĞĂůƚŝŵĞ ϭϯϲϱ DŽďŝůĞƵŶŝƚůŽŐƐƐƚĂƌƚĂŶĚƐƚŽƉƚŝŵĞĨŽƌĐŽŵƉůĞƚŝŶŐǁŽƌŬŽƌĚĞƌ͘ϭϯϲϲ ŝůůŽĨŵĂƚĞƌŝĂůƐ;ĂƵƚŽĐƌĞĂƚĞŶĞĐĞƐƐĂƌLJŝƚĞŵƐŶĞĞĚĞĚŽŶĂƐƚĂŶĚĂƌĚƌŽƵƚŝŶĞũŽďĨƌŽŵĂĐƚƵĂůǁŽƌŬ ŽƌĚĞƌƐĐŽŵƉůĞƚĞĚͿ ϭϯϲϳ /ŶƚĞƌĨĂĐĞǁŝƚŚƚŚĞĂƐƐĞƚŵŽĚƵůĞĂŶĚƉƵůůǁĂƌƌĂŶƚLJŝŶĨŽƌŵĂƚŝŽŶĂŶĚƉƌŝŽƌƌĞƉĂŝƌŚŝƐƚŽƌLJ͘tŚĞŶ ŽƌĚĞƌŝŶŐŽƌƌĞƉĂŝƌŝŶŐƉĂƌƚƐƚŚĞƌĞƐŚŽƵůĚďĞĂĨůĂŐƚŚĂƚĐŽŵƉŽŶĞŶƚƵŶŝƚŝƐƵŶĚĞƌǁĂƌƌĂŶƚLJϭϯϲϴ WƌŝŽƌŝƚŝnjĞƚŚĞǁŽƌŬŽƌĚĞƌďĂƐĞĚŽŶƵƐĞƌͲĚĞĨŝŶĞĚƚŚƌĞƐŚŽůĚƐĂŶĚĂǀĂŝůĂďůĞƌĞƐŽƵƌĐĞƐ͘ϭϯϲϵ WůĂŶŶĞƌĐĂŶĞĂƐŝůLJǀŝĞǁƉƌŝŽƌŝƚŝnjĞĚǁŽƌŬĂŶĚƐĐŚĞĚƵůĞũŽďƐĞŝƚŚĞƌĚĂŝůLJŽƌǁĞĞŬůLJ͘ ϭϯϳϬ ƌĞǁƐƵƉĞƌǀŝƐŽƌĐĂŶĞĂƐŝůLJǀŝĞǁǁŽƌŬĂƐƐŝŐŶŵĞŶƚƐĂŶĚƐĐŚĞĚƵůĞĐƌĞǁŵĞŵďĞƌƐĂŶĚƌĞĐŽƌĚ ƌĞĂƐŽŶƐĨŽƌŝŶƚĞƌƌƵƉƚŝŽŶƐŽƌƐĐŚĞĚƵůĞĐŚĂŶŐĞƐ͘ϭϯϳϭ WƌŽǀŝĚĞƐĂďŝůŝƚLJƚŽĐĂƌƌLJƐĐŚĞĚƵůĞĚũŽďƐŶŽƚĐŽŵƉůĞƚĞĚƚŽŶĞdžƚƐĐŚĞĚƵůĞĚĂLJŽƌǁĞĞŬ͘ϭϯϳϮ ZĞƋƵĞƐƚĞƌŽƌ ŵƉůŽLJĞĞƐĐĂŶǀŝĞǁƚŚĞƌĞĂƐŽŶƚŚĂƚƚŚĞǁŽƌŬŽƌĚĞƌŝƐŝŶĂĐƵƌƌĞŶƚƐƚĂƚƵƐ;Ğ͘Ő͕͘ ƐƚĂƌƚĞĚ͕ĚĞůĂLJĞĚ͕йĐŽŵƉůĞƚŝŽŶ͕ĐŽŵƉůĞƚĞͿ͘ ϭϯϳϯ dƌĂĐŬƐƚŚĞĐŽŵƉůĞƚŝŽŶŽĨĚŝƐĐƌĞƚĞƉŚĂƐĞƐŽĨƚŚĞǁŽƌŬŽƌĚĞƌ͘ ϭϯϳϰ ^ĐŚĞĚƵůŝŶŐŽĨǁŽƌŬŽƌĚĞƌƐŽŶĐĂůĞŶĚĂƌďLJƚŝŵĞϭϯϳϱ ^LJƐƚĞŵĂůůŽǁƐŵĂŝŶƚĞŶĂŶĐĞƚĞĐŚŶŝĐŝĂŶƚŽĐŚĂƌŐĞƚŝŵĞďĂƐĞĚŽŶǁŽƌŬŽƌĚĞƌ͕ƚĂƐŬĂŶĚĂĐƚŝǀŝƚLJ͕ ďĂƐĞĚŽŶƉƌŽƉĞƌƐĞĐƵƌŝƚLJƌƵůĞƐ͘ ϭϯϳϲ ^LJƐƚĞŵĂůůŽǁƐƐŽĨƚĐůŽƐĞŽĨĂǁŽƌŬŽƌĚĞƌƉĞŶĚŝŶŐŝŶƐƉĞĐƚŝŽŶĨŽƌƵƐĞƌƐĞůĞĐƚĞĚŽƌƵƐĞƌĚĞĨŝŶĞĚ ǁŽƌŬŽƌĚĞƌƐ ϭϯϳϳ ^LJƐƚĞŵƚƌĂĐŬƐĨŽůůŽǁƵƉǁŽƌŬƚŚĂƚŝƐƌĞƋƵŝƌĞĚϭϯϳϴ ZĞĐŽƌĚƐĐƚƵĂůĞŶĞĨŝƚŽƐƚĂŶĚĂĞƉƚŽǀĞƌŚĞĂĚĐŽƐƚďĂƐĞĚŽŶƐŽŵĞƵƐĞƌĚĞĨŝŶĞĚĐƌŝƚĞƌŝĂ͘ ϭϯϳϵ ^LJƐƚĞŵĐĂŶĂƉƉůLJƉƌĞͲĚĞƚĞƌŵŝŶĞĚŽǀĞƌŚĞĂĚƌĂƚĞĨŽƌĐŽŶƐƵŵĂďůĞƐƵƐĞĚŽŶĂǁŽƌŬŽƌĚĞƌ;ƌĂŐƐ͕ ĐůĞĂŶŝŶŐƐŽůǀĞŶƚ͕Žŝů͕ŐƌĞĂƐĞ͕ƚĂƉĞ͙ĞƚĐ͘Ϳ ϭϯϴϬ ^LJƐƚĞŵŝŶƚĞŐƌĂƚĞƐǁŝƚŚĂƐƐĞƚŵŽĚƵůĞƚŽƌĞĐŽƌĚŵĂŝŶƚĞŶĂŶĐĞŚŝƐƚŽƌLJĂŶĚĐŽƐƚƐ͘ϭϯϴϭ ^LJƐƚĞŵŶŽƚŝĨŝĞƐƵƐĞƌŽĨĂĚĚŝƚŝŽŶĂůƐĞƌǀŝĐĞƌĞƋƵĞƐƚƐŽƌǁŽƌŬŽƌĚĞƌƐƚŚĂƚƐŚŽƵůĚďĞĐƌĞĂƚĞĚĨŽƌ ĨŽůůŽǁƵƉǁŽƌŬ ϭϯϴϮ ŽƐƚƐĨŽƌǁŽƌŬŽƌĚĞƌĐĂŶďĞďŝůůĞĚďLJ͗ ϭϯϴϯ ĐƚƵĂůĐŽƐƚƐ;ƐĂůĂƌLJ͕ďĞŶĞĨŝƚƐ͕ƐƵƉƉůŝĞƐ͕ĞƚĐ͘Ϳϭϯϴϰ ^ƚĂŶĚĂƌĚƌĂƚĞΎŚŽƵƌƐнĐŽƐƚŽĨƐƵƉƉůŝĞƐ;ƐƚĂŶĚĂƌĚƌĂƚĞĐĂŶŝŶĐůƵĚĞĂƉĞƌĐĞŶƚĂŐĞŽĨĂĐƚƵĂů ĞŵƉůŽLJĞĞďĞŶĞĨŝƚƐďĂƐĞĚŽŶŚŽƵƌƐďĞŝŶŐďŝůůĞĚͬƚŽƚĂůŚŽƵƌƐǁŽƌŬĞĚͬƉĂŝĚͿϭϯϴϱ ^LJƐƚĞŵĐĂŶĂƉƉůLJƉƌĞͲĚĞƚĞƌŵŝŶĞĚŽǀĞƌŚĞĂĚƌĂƚĞƚŽǁŽƌŬŽƌĚĞƌďŝůůŝŶŐ ϭϯϴϲ ^LJƐƚĞŵĐĂŶƚƌĂĐŬĐŽƐƚƐƚŽďŽƚŚĂŶĂƐƐĞƚĂŶĚĂƐƐĞƚƐƵďͲĐŽŵƉŽŶĞŶƚƐƵĐŚĂƐĂƐŶŽǁƉůŽǁǁŝƚŚ ĚŝĨĨĞƌĞŶƚƵƐĂŐĞƚŝŵĞ͘ϭϯϴϳ ^LJƐƚĞŵĐĂŶĞƐƚĂďůŝƐŚĂƉƌĞͲĚĞƚĞƌŵŝŶĞĚƌĂƚĞƐĨŽƌǀĞŚŝĐůĞƐ͕ŚĞĂǀLJĞƋƵŝƉŵĞŶƚ͕ƐŵĂůůĞƋƵŝƉŵĞŶƚ ďĂƐĞĚŽŶŵƵůƚŝƉůĞĨĂĐƚŽƌƐ͕ĨŽƌĞdžĂŵƉůĞ^ƚĂƚĞĂƉƉƌŽǀĞĚǀĞŚŝĐůĞƌĂƚĞƐŽƌ& DƌĂƚĞƐ͘ ϭϯϴϴ ĂŶƚƌĂĐŬƐƵƉƉůLJĂŶĚŵĂƚĞƌŝĂůĐŽƐƚƐƚŽĂŶĂƐƐĞƚďĂƐĞĚŽŶƌĞƋƵŝƐŝƚŝŽŶƐ͕ƉƵƌĐŚĂƐĞŽƌĚĞƌƐ͕ĐŽŶƚƌĂĐƚƐ ŽƌŝŶǀĞŶƚŽƌLJƵƐĂŐĞ͘ϭϯϴϵ ĂŶƚƌĂĐŬĐŽŶƚƌĂĐƚŚŽƵƌƐƚŽĂǁŽƌŬŽƌĚĞƌ͘ϭϯϵϬ ĞĨĂƵůƚŝŶĨŽƌŵĂƚŝŽŶĨƌŽŵƚŚĞƐĞƌǀŝĐĞƌĞƋƵĞƐƚĐĂƌƌŝĞĚŽǀĞƌƚŽƚŚĞǁŽƌŬŽƌĚĞƌ͘ϭϯϵϭ 'ĞŶĞƌĂƚĞĂǁŽƌŬŽƌĚĞƌǁŝƚŚŽƵƚĂƐĞƌǀŝĐĞƌĞƋƵĞƐƚ;Ğ͘Ő͘ƌĞƐƉŽŶĚƚŽĂŶĞŵĞƌŐĞŶĐLJ͕ƉůĂŶŶĞĚ ŵĂŝŶƚĞŶĂŶĐĞͿ ϭϯϵϮ ƌĞĂƚĞƚĞŵƉůĂƚĞƐƚŽŐĞŶĞƌĂƚĞĐŽŵŵŽŶǁŽƌŬŽƌĚĞƌƐϭϯϵϯ 'ĞŶĞƌĂƚĞƉƌĞǀĞŶƚĂƚŝǀĞŵĂŝŶƚĞŶĂŶĐĞǁŽƌŬŽƌĚĞƌƐďĂƐĞĚŽŶƵƐĞƌͲĚĞĨŝŶĞĚƐĐŚĞĚƵůĞƐĂŶĚ͗ ϭϯϵϰ DŽŶƚŚůLJ͕YƵĂƌƚĞƌůLJ͕ŶŶƵĂů͕^ĞĂƐŽŶĂů ϭϯϵϱ &ĂĐƚŽƌLJƐƉĞĐƐ;ŵŝƐĐ͘Ϳ ϭϯϵϲ ƐƐĞƚĂƚƚƌŝďƵƚĞƐ;ŵŝůĞĂŐĞ͕ŚŽƵƌƐ͕ĞƚĐ͘Ϳϭϯϵϳ 'ĞŶĞƌĂƚĞƌĞƉŽƌƚŽĨĂůůǁŽƌŬŽƌĚĞƌƐŽŶĂŶĂƐƐĞƚ͕ĞƋƵŝƉŵĞŶƚ͕ĞƚĐ͘ϭϯϵϴ ďŝůŝƚLJƚŽĨůĂŐĂŶĂƐƐĞƚĂƐΗŶŽƚƵƐĂďůĞΗƵŶƚŝůĂǁŽƌŬŽƌĚĞƌŚĂǀĞďĞĞŶĐŽŵƉůĞƚĞ;ĞdžĂŵƉůĞ͗ŶĞĞĚƚŚĞ WDŽŶƚŚĞƚƌƵĐŬĐŽŵƉůĞƚĞĚƉƌŝŽƌƚŽŝƐƐƵĂŶĐĞĂŶĚĐůĞĂƌĞĚĨŽƌƐĞƌǀŝĐĞͿ ϭϯϵϵ 'ĞŶĞƌĂƚĞŵƵůƚŝƉůĞǁŽƌŬŽƌĚĞƌƐĨƌŽŵŽŶĞƐĞƌǀŝĐĞƌĞƋƵĞƐƚ͘ϭϰϬϬ /ŶƚĞŐƌĂƚĞǁŽƌŬŽƌĚĞƌƐǁŝƚŚƉƌŽũĞĐƚƐ͕ŐƌĂŶƚƐŽƌŽƚŚĞƌƐƉĞĐŝĨŝĐĂĐĐŽƵŶƚĐŽĚĞƐϭϰϬϭ ŝǀŝĚĞƚŚĞǁŽƌŬŽƌĚĞƌŝŶƚŽŵƵůƚŝƉůĞĂĐƚŝǀŝƚŝĞƐ͕ƚĂƐŬƐ͕ĂŶĚƉŚĂƐĞƐ͘ϭϰϬϮ /ŶĚŝĐĂƚĞĂĚƵĞͬĐŽŵƉůĞƚĞĚĂƚĞĨŽƌǁŽƌŬŽƌĚĞƌĐŽŵƉůĞƚŝŽŶ ϭϰϬϯ /ŶĚŝĐĂƚĞĂƐƚĂƌƚĚĂƚĞĨŽƌǁŽƌŬŽƌĚĞƌ ϭϰϬϰ ^LJƐƚĞŵǁŝůůĂĐĐŽŵŵŽĚĂƚĞƚŚĞĨŽůůŽǁŝŶŐƌĞŐĂƌĚŝŶŐƚŚĞĚƵƌĂƚŝŽŶŽĨǁŽƌŬŽƌĚĞƌƐ͗ϭϰϬϱ ƐƚŝŵĂƚĞĚƐƚĂƌƚĚĂƚĞϭϰϬϲ ƐƚŝŵĂƚĞĚĞŶĚĚĂƚĞ ϭϰϬϴ ĐƚƵĂůĞŶĚĚĂƚĞ ϭϰϬϵ ƌĞĂƚŝŽŶĚĂƚĞ ϭϰϭϬ ůůŽǁǁŽƌŬŽƌĚĞƌƐƚŽďĞƐĐŚĞĚƵůĞĚ;ĂƉƉŽŝŶƚŵĞŶƚͿϭϰϭϭ hƐĞƌĐĂŶŝĚĞŶƚŝĨLJƉƌŝŽƌŝƚLJĨŽƌǁŽƌŬŽƌĚĞƌ;ĂŶĚŽǀĞƌƌŝĚĞͿϭϰϭϮ tŽƌŬŽƌĚĞƌŝĚĞŶƚŝĨŝĞƐƐĂĨĞƚLJŝŶĨŽƌŵĂƚŝŽŶŽƌƐƚĂŶĚĂƌĚŽƉĞƌĂƚŝŶŐƉƌŽĐĞĚƵƌĞƐ ϭϰϭϯ >ĂƉƚŽƉͬdĂďůĞƚƚŚĂƚǁŝůůƐLJŶĐǁŝƚŚƐLJƐƚĞŵĂƚŐŝǀĞŶƚŝŵĞƐͬůŽĐĂƚŝŽŶƐ ϭϰϭϰ ,ĂŶĚŚĞůĚ;ƉůĞĂƐĞůŝƐƚƐƵƉƉŽƌƚĞĚĚĞǀŝĐĞƐŽƌůŝŵŝƚĂƚŝŽŶƐŝŶƚŚĞĐŽŵŵĞŶƚƐƐĞĐƚŝŽŶͿ ϭϰϭϱ /ŶƚĞƌĨĂĐĞǁŝƚŚƚŚĞĂƐƐĞƚŵŽĚƵůĞĂŶĚƉƵůůǁĂƌƌĂŶƚLJŝŶĨŽƌŵĂƚŝŽŶĂŶĚƉƌŝŽƌƌĞƉĂŝƌŚŝƐƚŽƌLJ͘tŚĞŶ ŽƌĚĞƌŝŶŐŽƌƌĞƉĂŝƌŝŶŐƉĂƌƚƐƚŚĞƌĞƐŚŽƵůĚďĞĂĨůĂŐŝĨƚŚĞĐŽŵƉŽŶĞŶƚƵŶŝƚŝƐƵŶĚĞƌǁĂƌƌĂŶƚLJ ϭϰϭϲ ƐƐŝŐŶƚŚĞǁŽƌŬŽƌĚĞƌƚŽŽŶĞĞŵƉůŽLJĞĞ͕ŵƵůƚŝƉůĞĞŵƉůŽLJĞĞƐ͕ŽƌŐƌŽƵƉƐŽĨĞŵƉůŽLJĞĞƐ͘ϭϰϭϳ ƐƐŝŐŶǁŽƌŬŽƌĚĞƌƚŽŶŽŶͲĞŵƉůŽLJĞĞƐ͕ŽƌŐƌŽƵƉƐŽĨŶŽŶĞŵƉůŽLJĞĞƐϭϰϭϴ ^LJƐƚĞŵĐĂŶƚƌĂĐŬŵƵůƚŝƉůĞƚĂƐŬƐĂŶĚĂĐƚŝǀŝƚŝĞƐƚŽĂƐŝŶŐůĞǁŽƌŬŽƌĚĞƌϭϰϭϵ ^LJƐƚĞŵƚŽƚƌĂĐŬǁŽƌŬŽƌĚĞƌƐƚŚĂƚĐŽŶƚĂŝŶŵƵůƚŝƉůĞƚĂƐŬƐ ϭϰϮϬ ^LJƐƚĞŵƚŽƚƌĂĐŬŝŶĨŽƌŵĂƚŝŽŶŽŶƌĞƐŽƵƌĐĞƐƵƐĞĚĨŽƌǁŽƌŬŽƌĚĞƌƐ;Ğ͘Ő͘ůĂďŽƌ͕ĞƋƵŝƉŵĞŶƚ͕͘ǀĞŚŝĐůĞƐ͕ ĞƚĐ͘ͿϭϰϮϭ ^ƵƉĞƌǀŝƐŽƌĐĂŶǀŝĞǁƉƌŝŽƌŝƚŝnjĞĚǁŽƌŬĂŶĚƐĐŚĞĚƵůĞũŽďƐĞŝƚŚĞƌĚĂŝůLJŽƌǁĞĞŬůLJ͘ϭϰϮϮ ƌĞǁƐƵƉĞƌǀŝƐŽƌĐĂŶǀŝĞǁǁŽƌŬĂƐƐŝŐŶŵĞŶƚƐĂŶĚƐĐŚĞĚƵůĞĐƌĞǁŵĞŵďĞƌƐĂŶĚƌĞĐŽƌĚƌĞĂƐŽŶƐĨŽƌ ŝŶƚĞƌƌƵƉƚŝŽŶƐŽƌƐĐŚĞĚƵůĞĐŚĂŶŐĞƐ͘ ϭϰϮϯ WƌŽǀŝĚĞƐĂďŝůŝƚLJƚŽŵŽǀĞƐĐŚĞĚƵůĞĚũŽďƐŶŽƚĐŽŵƉůĞƚĞĚƚŽŶĞdžƚƐĐŚĞĚƵůĞĚĂLJŽƌǁĞĞŬ ;ƌĞƐĐŚĞĚƵůĞͿ͘ϭϰϮϰ EŽƚŝĨŝĐĂƚŝŽŶƐĐĂŶďĞƐĞŶƚƚŽƚŚĞƌĞƋƵĞƐƚĞƌǁŚĞŶĂǁŽƌŬŽƌĚĞƌŚĂƐďĞĞŶĐŽŵƉůĞƚĞĚϭϰϮϱ dƌĂĐŬƐƚŚĞĐŽŵƉůĞƚŝŽŶŽĨƉŚĂƐĞƐŽĨƚŚĞǁŽƌŬŽƌĚĞƌϭϰϮϲ ^ĐŚĞĚƵůŝŶŐŽĨǁŽƌŬŽƌĚĞƌƐĐĂŶďĞƉůĂĐĞĚŽŶĐĂůĞŶĚĂƌďLJƚŝŵĞ ϭϰϮϳ dƌĂĐŬĞŵƉůŽLJĞĞƚŝŵĞĐŚĂƌŐĞĚƚŽǁŽƌŬŽƌĚĞƌƐ ϭϰϮϴ ďŝůŝƚLJƚŽǀŝĞǁǁŽƌŬŽƌĚĞƌƐƚŚĂƚĂƌĞĂƐƐŝŐŶĞĚƚŽĞĂĐŚĞŵƉůŽLJĞĞϭϰϮϵ ƐƐŝŐŶƚƌĂĚĞŽƌƐŬŝůůůĞǀĞůƌĞƋƵŝƌĞĚƚŽĂǁŽƌŬŽƌĚĞƌ͘ϭϰϯϬ ƐƐŝŐŶǁŽƌŬŽƌĚĞƌƐďLJƚLJƉĞŽĨƚƌĂĚĞ͘ ϭϰϯϭ ƐƐŝŐŶǁŽƌŬŽƌĚĞƌƐďLJƐŬŝůůůĞǀĞůĂŶĚͬŽƌĐĞƌƚŝĨŝĐĂƚŝŽŶ͘ ϭϰϯϮ ƐƐŝŐŶǁŽƌŬƌĞƋƵĞƐƚƐƚŽŽŶůLJĐĞƌƚĂŝŶƐƚĂĨĨďĂƐĞĚŽŶƚŚĞƉƌŽďůĞŵƚLJƉĞ͘ ϭϰϯϯ ƐƐŝŐŶǁŽƌŬŽƌĚĞƌƐďLJŐĞŽŐƌĂƉŚŝĐůŽĐĂƚŝŽŶĂŶĚƚLJƉĞŽĨǁŽƌŬƚŽĐƌĞǁƐǁŽƌŬŝŶŐŝŶnjŽŶĞƐϭϰϯϰ ƐƐŽĐŝĂƚĞĐĞƌƚĂŝŶƉƌŽďůĞŵƚLJƉĞƐƚŽĂƐƐĞƚƐ͕ĨĂĐŝůŝƚŝĞƐ͕ĂŶĚͬŽƌĞƋƵŝƉŵĞŶƚƚLJƉĞƐ͘ϭϰϯϱ ^ĐŚĞĚƵůĞƐƚĂƐŬƐƚŽƚŚĞĂƐƐŝŐŶĞĚƚƌĂĚĞŐƌŽƵƉĂƚƚŚĞĨŝƌƐƚĂǀĂŝůĂďůĞƚŝŵĞƐůŽƚĂĨƚĞƌƚŚĞƐĐŚĞĚƵůĞĚ ƐƚĂƌƚĚĂƚĞ͘ ϭϰϯϲ ƐƐŝŐŶƐƚŝŵĞƐůŽƚƉƌŝŽƌŝƚŝĞƐďLJƐĐŚĞĚƵůĞĚĞŶĚĚĂƚĞ͘ϭϰϯϳ hƉĚĂƚĞƐƚŚĞĞƋƵŝƉŵĞŶƚǀĂůƵĞŽƌƉƌŽũĞĐƚĞĚůŝĨĞĂƐĂƌĞƐƵůƚŽĨƚŚĞǁŽƌŬƉĞƌĨŽƌŵĞĚŽŶƚŚĞǁŽƌŬ ŽƌĚĞƌ͘ ϭϰϯϴ WƌŝŽƌŝƚŝnjĞƐǁŽƌŬŽƌĚĞƌƐďĂƐĞĚŽŶƚŚĞĨŽůůŽǁŝŶŐ͗ ϭϰϯϵ ^ƚĂĨĨĂǀĂŝůĂďŝůŝƚLJ ϭϰϰϬ ^ĂĨĞƚLJƌĞƋƵŝƌĞŵĞŶƚƐϭϰϰϭ ZĞŐƵůĂƚŽƌLJƌĞƋƵŝƌĞŵĞŶƚƐϭϰϰϮ WƵďůŝĐŚĞĂůƚŚ ϭϰϰϯ ŶŶƵĂůŵĂƐƚĞƌǁŽƌŬƐĐŚĞĚƵůĞ ϭϰϰϰ WĂƌƚƐĂǀĂŝůĂďŝůŝƚLJ ϭϰϰϱ hƐĞƌͲĚĞĨŝŶĞĚĐƌŝƚĞƌŝĂϭϰϰϲ ĞĨŝŶĞƐĂǀĂŝůĂďůĞŚŽƵƌƐĨŽƌĞĂĐŚƚĞĐŚŶŝĐŝĂŶŽƌŐƌŽƵƉƉĞƌĚĂLJ͘ϭϰϰϳ dŚĞƐLJƐƚĞŵŵƵƐƚĐƌĞĂƚĞĂƉƌĞůŝŵŝŶĂƌLJŵĂƐƚĞƌƐĐŚĞĚƵůĞĨŽƌĞĂĐŚŐƌŽƵƉďĂƐĞĚŽŶĞĂĐŚƚĞĐŚŶŝĐŝĂŶΖƐ ĂǀĂŝůĂďůĞǁŽƌŬŚŽƵƌƐ͘ ϭϰϰϴ dŚĞƐLJƐƚĞŵŵƵƐƚŐĞŶĞƌĂƚĞƐĐŚĞĚƵůĞĚǁŽƌŬŽƌĚĞƌƐŽŶƵƐĞƌͲĚĞĨŝŶĞĚĚĂƚĞƌĂŶŐĞƐĨŽƌĨĂĐŝůŝƚŝĞƐĂŶĚ ĞƋƵŝƉŵĞŶƚ͘ϭϰϰϵ ZĞĐŽƌĚƐĐŚĂŶŐĞŽƌĚĞƌƐƚŽǁŽƌŬŽƌĚĞƌƐ͘ϭϰϱϬ D^^;DĂƚĞƌŝĂů^ĂĨĞƚLJĂƚĂ^ŚĞĞƚƐͿĂŶĚŽƚŚĞƌƚLJƉĞƐŽĨƐŚĞĞƚƐĐĂŶďĞĂƚƚĂĐŚĞĚƚŽǁŽƌŬŽƌĚĞƌƐ͘ ϭϰϱϭ ƐƐŝŐŶĞĚƉĞƌƐŽŶŶĞůĐĂŶƌĞͲŽƉĞŶĂĐůŽƐĞĚtKϭϰϱϮ ĂŶĐĞůǁŽƌŬŽƌĚĞƌƐŽŶůLJǁŚĞŶĂƌĞĂƐŽŶĐŽĚĞŝƐĞŶƚĞƌĞĚ͘ϭϰϱϯ hƐĞƌƐĐĂŶĐŚĂƌŐĞƚŝŵĞƚŽĂǁŽƌŬŽƌĚĞƌϭϰϱϰ ŝƐƉůĂLJƐďĂĐŬůŽŐŐĞĚǁŽƌŬŽƌĚĞƌƐďLJǀĂƌŝŽƵƐƐĞůĞĐƚŝŽŶĐƌŝƚĞƌŝĂŝŶĐůƵĚŝŶŐ͗ůŽĐĂƚŝŽŶ͕ĐƌĞǁ͕ƉƌŝŽƌŝƚLJ͕ ĚĂƚĞŽƉĞŶĞĚĂŶĚĞƐƚŝŵĂƚĞĚĐŽŵƉůĞƚŝŽŶĚĂƚĞ͘ ϭϰϱϱ ƐƚŝŵĂƚĞďƵĚŐĞƚĂŵŽƵŶƚƐŽĨƉƌŽũĞĐƚƐďLJƵƐŝŶŐƐƚĂŶĚĂƌĚĐŽƐƚŝŶŐĨŽƌƉĞƌƐŽŶŶĞů͕ĞƋƵŝƉŵĞŶƚ͕ ŵĂƚĞƌŝĂůƐ͕ĂŶĚĐŽŶƚƌĂĐƚƌĞƐŽƵƌĐĞƐ͘ϭϰϱϲ 'ĞŶĞƌĂƚĞƐŶŽƚŝĐĞƐƚŽŵĂŶĂŐĞƌƐǁŚĞŶǁŽƌŬŽƌĚĞƌƐĂƌĞŽƉĞŶŵŽƌĞƚŚĂŶĂǁĞĞŬ͕ϯϬ͕ϲϬŽƌϵϬĚĂLJƐ͘ ϭϰϱϳ /ĚĞŶƚŝĨŝĞƐǁŽƌŬŽƌĚĞƌƐƌĞƋƵŝƌŝŶŐƐĂĨĞƚLJƉĞƌŵŝƚƚŝŶŐĂŶĚĨŽƌŽƚŚĞƌƉĞƌŵŝƚƚŝŶŐ͘ ϭϰϱϴ /ŶĚŝĐĂƚĞƐŝĨǁŽƌŬŽƌĚĞƌŝƐďĞŝŶŐĐŽŵƉůĞƚĞĚďLJĞdžƚĞƌŶĂůŽƌŝŶƚĞƌŶĂůƐƚĂĨĨϭϰϱϵ /ƐƐƵĞĂǁŽƌŬƌĞƋƵĞƐƚƚŚĂƚĐĂŶďĞĂƉƉƌŽǀĞĚĂƐĂǁŽƌŬŽƌĚĞƌĂĨƚĞƌƚŚĞƐƵƉĞƌǀŝƐŽƌͬŵĂŶĂŐĞƌ ĚĞƚĞƌŵŝŶĞƐǁŚĂƚǁŽƌŬŝƐŶĞĐĞƐƐĂƌLJ͘ϭϰϲϬ ĂŶƌĞĂƐƐŝŐŶĂǁŽƌŬŽƌĚĞƌĨƌŽŵŽŶĞĐƌĂĨƚƚŽĂŶŽƚŚĞƌ͘ ϭϰϲϭ ĂŶƌĞĂƐƐŝŐŶǁŽƌŬŽƌĚĞƌƐƚŽĂŶŽƚŚĞƌĐƌĞǁ͘ ϭϰϲϮ ZĞĐŽƌĚĚĂƚĞĂŶĚƚŝŵĞ͕ĐŚĂŶŐĞƐŵĂĚĞ͕ĂŶĚƚŚĞƵƐĞƌǁŚŽŵĂĚĞĐŚĂŶŐĞƐƚŽĂŶLJǁŽƌŬŽƌĚĞƌ͘ϭϰϲϯ ďŝůŝƚLJƚŽƵƚŝůŝnjĞĚŝƌĞĐƚĐŽƐƚŝŶŐŽƌĂƚĂƐŬƌĞůĂƚĞĚĐŽƐƚŝŶŐ͘ ϭϰϲϰ ďŝůŝƚLJƚŽĞƐƚĂďůŝƐŚŵŝŶŝŵƵŵďŝůůŝŶŐĂŵŽƵŶƚƐďLJŚŽƵƌƐ͕ĞƋƵŝƉŵĞŶƚ͕ĞƚĐ͘ ϭϰϲϱ ZĞƋƵŝƌĞĚĨŝĞůĚƐĐĂŶďĞĞƐƚĂďůŝƐŚĞĚƚŚĂƚŵƵƐƚďĞĐŽŵƉůĞƚĞĚďĞĨŽƌĞĂƐĞƌǀŝĐĞƌĞƋƵĞƐƚŝƐƐƵďŵŝƚƚĞĚϭϰϲϲ ĂŶƐĞƚƉĂƌĂŵĞƚĞƌǀĂůƵĞƐŽŶƉƌĞĚŝĐƚŝǀĞŵĂŝŶƚĞŶĂŶĐĞĚŝĂŐŶŽƐƚŝĐƐƚŽŐĞŶĞƌĂƚĞĐŽƌƌĞĐƚŝǀĞǁŽƌŬ ŽƌĚĞƌƐŝĨĂŶLJŽĨƚŚĞƉĂƌĂŵĞƚĞƌƐĞdžĐĞĞĚƐĞƚůŝŵŝƚƐ͘͘ϭϰϲϳ dƌĂĐŬĐŽŶƚƌĂĐƚŽƌĐŚĂƌŐĞƐƚŽƚŚĞǁŽƌŬŽƌĚĞƌƌĞĐŽƌĚƐĞƉĂƌĂƚĞĨƌŽŵƌĞŐƵůĂƌƚŝŵĞ͕ůĂďŽƌĂŶĚ ŵĂƚĞƌŝĂůƐ͘ ϭϰϲϴ dƌĂĐŬĨƵĞůĂŶĚŽŝůĐŽŶƐƵŵƉƚŝŽŶƚŽǀĞŚŝĐůĞƐĂŶĚĞƋƵŝƉŵĞŶƚ͘ϭϰϲϵ dƌĂĐŬƚŚĞĨŽůůŽǁŝŶŐŝƚĞŵƐĨŽƌĞĂĐŚǁŽƌŬŽƌĚĞƌƌĞƋƵĞƐƚ͗ϭϰϳϬ ZĞƋƵĞƐƚŽƌͬƵƐƚŽŵĞƌ^ĞƌǀŝĐĞZĞƉηϭϰϳϭ WƌŽďůĞŵĚĞƐĐƌŝƉƚŝŽŶ;ƐŚŽƌƚĚĞƐĐƌŝƉƚŝŽŶĨŝĞůĚĂŶĚůŽŶŐĚĞƐĐƌŝƉƚŝŽŶĨƌĞĞĨůŽǁƚĞdžƚͿ ϭϰϳϯ >ŽŶŐƚĞdžƚĚĞƐĐƌŝƉƚŝŽŶ;ƵŶůŝŵŝƚĞĚƚĞdžƚͲŝŶĚŝĐĂƚĞĂŶLJůŝŵŝƚĂƚŝŽŶƐŝŶƚŚĞĐŽŵŵĞŶƚƐĨŝĞůĚ ϭϰϳϰ >ŽĐĂƚŝŽŶ;ƐƵƉƉŽƌƚŵƵůƚŝƉůĞůŽĐĂƚŝŽŶͬƐƵďůŽĐĂƚŝŽŶĐŽŵďŝŶĂƚŝŽŶƐͿϭϰϳϱ ĞƉĂƌƚŵĞŶƚϭϰϳϲ ZĞƋƵĞƐƚĞĚĐŽŵƉůĞƚŝŽŶĚĂƚĞ ϭϰϳϳ ƋƵŝƉŵĞŶƚ;ƐƵƉƉŽƌƚŵƵůƚŝƉůĞĞƋƵŝƉŵĞŶƚͬƐƵďĞƋƵŝƉŵĞŶƚƚLJƉĞƐͿ ϭϰϳϴ dƌĂĚĞƐ ϭϰϳϵ DƵůƚŝƉůĞĐŽŶƚĂĐƚƐϭϰϴϭ '>ĐĐŽƵŶƚŶƵŵďĞƌƐ;ŵƵůƚŝƉůĞͿϭϰϴϮ KƚŚĞƌƵƐĞƌͲĚĞĨŝŶĞĚĨŝĞůĚƐ ϭϰϴϯ dƌĂĐŬƚŚĞĨŽůůŽǁŝŶŐŽŶĂǁŽƌŬŽƌĚĞƌ͗ ϭϰϴϰ WĂLJĐŽĚĞƐ;Ğ͘Ő͘ŽǀĞƌƚŝŵĞͿ ϭϰϴϱ ^ƵƉƉŽƌƚ ƋƵŝƉŵĞŶƚ;ΨΖƐĂŶĚ,ŽƵƌƐͿϭϰϴϲ /ŶƚĞƌŶĂů>ĂďŽƌĐŽƐƚƐϭϰϴϳ /ŶƚĞƌŶĂů>ĂďŽƌŚŽƵƌƐ ϭϰϴϴ ŽŶƚƌĂĐƚŚŽƵƌƐĂŶĚĐŽƐƚƐ ϭϰϵϬ ŽŶƚƌĂĐƚDĂƚĞƌŝĂůƐϭϰϵϭ ƐƐĞƚƚĂŐϭϰϵϯ KǀĞƌŚĞĂĚĐŚĂƌŐĞƐϭϰϵϰ ^LJƐƚĞŵƉƌŽǀŝĚĞƐƐĞĐƵƌŝƚLJƚŽĂůůŽǁĚĞƉĂƌƚŵĞŶƚƐ͞>ĞĂĚƌŝŐŚƚƐ͟ƚŽďĞƚŚĞŽŶůLJŽŶĞƚŽĐůŽƐĞŽƵƚʹ ŶĞĞĚƚŽŚĂǀĞ͞ƐƵƉƉŽƌƚ͟ĚĞƉĂƌƚŵĞŶƚƐƚŽĞŶƚĞƌĚĂƚĂŽŶůLJʹ͞>ĞĂĚ͟ĚĞƉĂƌƚŵĞŶƚǁŽƵůĚĐŚĂŶŐĞ ďĂƐĞĚŽŶǁŽƌŬŽƌĚĞƌƐΘǁŽƌŬϭϰϵϲ ƉƉƌŽǀĞǁŽƌŬƌĞƋƵĞƐƚƐďĂƐĞĚŽŶĂŶLJŽŶĞŽƌĐŽŵďŝŶĂƚŝŽŶŽĨƚŚĞĨŽůůŽǁŝŶŐĐƌŝƚĞƌŝĂ͗ϭϰϵϳ ƚLJƉĞŽĨǁŽƌŬ;Ğ͘Ő͕͘ůŽĐĂƚĞƐǀƐ͘ƐĐŚĞĚƵůĞĚƌĞƉĂŝƌͿϭϰϵϴ ƉƌŝŽƌŝƚLJ;Ğ͘Ő͕͘WDǀƐ͘ĞŵĞƌŐĞŶĐLJͿ ϭϰϵϵ ĐŽƐƚ ϭϱϬϬ ŽǀĞƌƚŝŵĞƌĞƋƵŝƌĞĚϭϱϬϭ ƐLJƐƚĞŵƚLJƉĞ;Ğ͘Ő͕͘ƌƵŶǁĂLJ͕ǁĂƐƚĞǁĂƚĞƌ͕ƉĂǀĞŵĞŶƚ͕ƉĞƌŵŝƚƐ͕ďĂĐŬĨůŽǁͿϭϱϬϮ ŐĞŽŐƌĂƉŚLJ;Ğ͘Ő͕͘EŽƌƚŚ͕^ŽƵƚŚͿϭϱϬϯ WDƐĐŚĞĚƵůĞƐĐĂŶďĞďƵŝůƚĚŝƌĞĐƚůLJĨƌŽŵŵĂŶƵĨĂĐƚƵƌĞƌƐĐŚĞĚƵůĞƐ ϭϱϬϰ ^LJƐƚĞŵĐĂŶĂƉƉůLJĨŝdžĞĚ;ǁŽƌŬŽƌĚĞƌŐĞŶĞƌĂƚĞĚĂƐƉĞĐŝĨŝĐŶƵŵďĞƌŽĨĚĂLJƐ͕ĞǀĞŶŝĨǁŽƌŬŶŽƚ ƉĞƌĨŽƌŵĞĚͿŽƌĨůŽĂƚŝŶŐ;ǁŽƌŬŽƌĚĞƌŐĞŶĞƌĂƚĞĚĂƐƉĞĐŝĨŝĐŶƵŵďĞƌŽĨĚĂLJƐĨƌŽŵǁŚĞŶƉƌĞǀŝŽƵƐ ǁŽƌŬŽƌĚĞƌƐĐŽŵƉůĞƚĞĚͿǀĂůƵĞƐĨŽƌWDƐĐŚĞĚƵůŝŶŐ͘ϭϱϬϱ ƵƚŽŵĂƚŝĐĂůůLJŐĞŶĞƌĂƚĞWƌĞǀĞŶƚŝǀĞDĂŝŶƚĞŶĂŶĐĞ;WDͿǁŽƌŬŽƌĚĞƌƐďĂƐĞĚŽŶƚŚĞWDĚƵĞĚĂƚĞƐ͕͕ ĞƚĐ͘ ϭϱϬϲ ^ƵƉƉŽƌƚƐĨŝdžĞĚĂŶĚƌŽůůŝŶŐƐĐŚĞĚƵůĞƐ ϭϱϬϳ dƌŝŐŐĞƌWDŐĞŶĞƌĂƚŝŽŶďLJ͗ŶƵŵďĞƌŽĨĚĂLJƐ͕;hƐĞƌĚĞĨŝŶĞĚͿ͕ĚĂŝůLJ͕ǁĞĞŬůLJ͕ŵŽŶƚŚůLJ͕ƐĞŵŝͲŵŽŶƚŚůLJ͕ ƋƵĂƌƚĞƌůLJ͕ƐĞŵŝͲĂŶŶƵĂůůLJ͕ĂŶŶƵĂůůLJ͕ďĞLJŽŶĚĂŶŶƵĂů͕ĂŶĚŽŶĐĂůů;WDĂĐĐŽƌĚŝŶŐƚŽǁŚĞŶĞƋƵŝƉŵĞŶƚ ĐĂŶďĞƐŚƵƚĚŽǁŶͿ͘ϭϱϬϴ dƌŝŐŐĞƌWDǁŽƌŬƌĞƋƵĞƐƚƐďLJĂĐŽŶĚŝƚŝŽŶ͕ĐĂůĞŶĚĂƌŽƌĞƋƵŝƉŵĞŶƚƌƵŶͲƚŝŵĞ͘ ϭϱϬϵ dŚĞƐLJƐƚĞŵŵƵƐƚŝĚĞŶƚŝĨLJƉƌĞǀĞŶƚŝǀĞŵĂŝŶƚĞŶĂŶĐĞǁŽƌŬŝƚĞŵƐƚŚĂƚǁĞƌĞŶŽƚƉĞƌĨŽƌŵĞĚĚƵĞƚŽ ŽƚŚĞƌĐŽŶĨůŝĐƚƐ;Ğ͘Ő͘ƐĞůĞĐƚŝƚĞŵƐƚŚĂƚWDǁŽƌŬǁĂƐŶŽƚĐŽŵƉůĞƚĞĚͿ͘ϭϱϭϬ dŚĞƐLJƐƚĞŵŵƵƐƚĂůůŽǁƵƐĞƌƐƚŽŝĚĞŶƚŝĨLJƉƌĞǀĞŶƚŝǀĞŵĂŝŶƚĞŶĂŶĐĞǁŽƌŬŽƌĚĞƌƐƚŚĂƚĂƌĞĚĞůŝŶƋƵĞŶƚ ĂŶĚĂƵƚŽŵĂƚŝĐĂůůLJŶŽƚŝĨLJƌĞƋƵĞƐƚŽƌ͘ ϭϱϭϭ dŚĞƐLJƐƚĞŵŵƵƐƚŐĞŶĞƌĂƚĞĂŵĂƐƚĞƌůŝƐƚŽĨƐĐŚĞĚƵůĞĚƉƌĞǀĞŶƚŝǀĞŵĂŝŶƚĞŶĂŶĐĞĂĐƚŝǀŝƚŝĞƐĚƵĞŝŶĂ ƐĞůĞĐƚĞĚƉĞƌŝŽĚ͘ ϭϱϭϮ dŚĞƐLJƐƚĞŵŵƵƐƚƚƌĂĐŬŝŶĐŽŵƉůĞƚĞƉƌĞǀĞŶƚĂƚŝǀĞŵĂŝŶƚĞŶĂŶĐĞĨŽƌŝŵŵĞĚŝĂƚĞĨŽůůŽǁƵƉŽƌĚĞůĂLJ ƵŶƚŝůŶĞdžƚƌĞŐƵůĂƌůLJƐĐŚĞĚƵůĞĚŵĂŝŶƚĞŶĂŶĐĞĂĐƚŝǀŝƚLJ͘ϭϱϭϯ dŚĞƐLJƐƚĞŵŵƵƐƚƚƌĂĐŬĂǁŽƌŬŽƌĚĞƌĨŽƌƚŚĞĨŽůůŽǁŝŶŐĂĐƚƵĂůƐĚĂƚĂ͗ ϭϱϭϰ ƋƵŝƉŵĞŶƚƵƚŝůŝnjĞĚ ϭϱϭϱ ƋƵŝƉŵĞŶƚŚŽƵƌůLJƌĂƚĞ ϭϱϭϳ ,ŽƵƌůLJƌĂƚĞϭϱϭϵ KǀĞƌƚŝŵĞϭϱϮϬ ZĞƐƚŝƚƵƚŝŽŶĐŽƐƚƐ;ĨƌŽŵǀĂŶĚĂůŝƐŵ͕ŐƌĂĨĨŝƚŝƌĞŵŽǀĂů͕ĞƚĐ͘Ϳ ϭϱϮϳ ƵƌĂƚŝŽŶĨƌŽŵŽƉĞŶƚŽĐůŽƐĞĚ ϭϱϮϴ ^LJƐƚĞŵĐĂŶĂĐĐŽŵŵŽĚĂƚĞŵƵůƚŝƉůĞƌĂƚĞƐĐŚĞĚƵůĞƐĂŶĚƐĞůĞĐƚƚŚĞŵŽƐƚĂƉƉƌŽƉƌŝĂƚĞƌĂƚĞƐĐŚĞĚƵůĞ ďĂƐĞĚŽŶƵƐĞƌƉƌĞĨĞƌĞŶĐĞϭϱϯϬ ůůŽǁƐƵƐĞƌƐƚŽĐŚĂƌŐĞƚŝŵĞƚŽƚŚĞĨŽůůŽǁŝŶŐůĞǀĞůƐŽĨĚĞƚĂŝů͗ϭϱϯϭ tŽƌŬŽƌĚĞƌ ϭϱϯϮ dĂƐŬ ϭϱϯϯ ĐƚŝǀŝƚLJϭϱϯϰ hƐĞƌͲĚĞĨŝŶĞĚϭϱϯϱ hƐĞƌƐĐĂŶĂĐĐĞƐƐĨƵůůŚŝƐƚŽƌLJŽĨǁŽƌŬŽƌĚĞƌƐ͕ƚĂƐŬƐĂŶĚĂƐƐŽĐŝĂƚĞĚĐŽƐƚƐ;ŵĂƚĞƌŝĂůƐ͕ůĂďŽƌ͕ ĐŽŶƚƌĂĐƚŽƌĐŽƐƚƐͿ ϭϱϯϲ ƐƐŝŐŶůŝŶĞŝƚĞŵƐŽĨĂWKƚŽĂǁŽƌŬŽƌĚĞƌ ϭϱϯϳ ^LJƐƚĞŵůĂďŽƌΘƉĂƌƚƐĐŽƐƚƐĐĂŶďĞĂƐƐŝŐŶĞĚƚŽĐŽŵƉŽŶĞŶƚƐŽŶĂƐƐĞƚƐ;ŶĞĞĚƚŽĂůůŽǁĨůĞdžŝďůĞ ŚŝĞƌĂƌĐŚŝĞƐͿϭϱϯϴ ƐƐŝŐŶƐƚŚĞǁŽƌŬŽƌĚĞƌƚŽĂŶĂƐƐĞƚŽƌůŽĐĂƚŝŽŶĂŶĚͬŽƌĂĚĚƌĞƐƐŽƌƚLJƉĞŽĨĂƐƐĞƚŽƌůŽĐĂƚŝŽŶĂŶĚͬŽƌ ĂĚĚƌĞƐƐ;ŝ͘Ğ͘ĂůůƚĂdžŝǁĂLJƐͿ͘ ϭϱϯϵ ƐƐŝŐŶƐƚŚĞǁŽƌŬŽƌĚĞƌƚŽƉĂǀĞŵĞŶƚƐĞŐŵĞŶƚͬďůŽĐŬ͕ŝŶƚĞƌƐĞĐƚŝŽŶƐ͕ƌŝŐŚƚƐͲŽĨͲǁĂLJ͕ƉĞƌƐŽŶ͕ ĚĞƉĂƌƚŵĞŶƚ͕ĚŝǀŝƐŝŽŶǁŝƚŚŝŶĂĚĞƉĂƌƚŵĞŶƚ͕ĞƚĐ͘ϭϱϰϬ ďŝůŝƚLJƚŽƚƌĂĐŬǁŽƌŬŚŝƐƚŽƌŝĞƐƌĞůĂƚĞĚƚŽĐŽŶƚƌĂĐƚƐϭϱϰϭ dŚĞƐLJƐƚĞŵŵƵƐƚĐŚĂƌŐĞĞŝƚŚĞƌƉƌŝŽƌƚŽŽƌƵƉŽŶĐŽŵƉůĞƚŝŽŶŽĨƚŚĞǁŽƌŬŽƌĚĞƌ͘ϭϱϰϮ dƌĂĐŬĐŽƐƚƐĂƐƐŽĐŝĂƚĞĚǁŝƚŚĂƐƐĞƚƐŽǁŶĞĚďLJĞdžƚĞƌŶĂůƐŽƵƌĐĞƐďƵƚŵĂŝŶƚĂŝŶĞĚŝŶƚĞƌŶĂůůLJƚŽďŝůůƚŚĞ ĞdžƚĞƌŶĂůƐŽƵƌĐĞ͘ ϭϱϰϯ ^LJƐƚĞŵĐĂŶƵƚŝůŝnjĞĚŝĨĨĞƌĞŶƚƌĂƚĞƐĐŚĞĚƵůĞƐ;Ğ͘Ő͕͘& 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Zϰ,ŝŐŚĞŶƐŝƚLJZĞƐŝĚĞŶƚŝĂů ʹ WƌŽƉŽƐĞĚŽŶŝŶŐ ŽŵƉƌĞŚĞŶƐŝǀĞ,ŽƵƐŝŶŐŶĂůLJƐŝƐ >ĂŶĚhƐĞDĂƉŵĞŶĚŵĞŶƚŵĂLJďĞŝŶŝƚŝĂƚĞĚďLJƉĞƚŝƚŝŽŶŽĨƚŚĞƉƌŽƉĞƌƚLJŽǁŶĞƌƐ ŝĚĞŶĐĞĚďLJĂĚĞƚĂŝůĞĚĂŶĚŽďũĞĐƚŝǀĞŵĂƌŬĞƚĂŶĂůLJƐŝƐĐŽŵŵŝƐƐŝŽŶĞĚďLJƚŚĞŝƚLJǁŝƚŚ ŝƐĞdžƉĞĐƚĞĚƚŽƌĞŵĂŝŶĨŽƌƚŚĞ ΨϳϱϬ<ŝŶƚŽƚĂůĂŶŶƵĂůƉƌŽƉĞƌƚLJƚĂdžĞƐ͘ ϭϬĨŽƌƚŚĞƉƌŽƉŽƐĞĚůĂŶĚƵƐĞ͘ ĐůĂƐƐŝĨŝĐĂƚŝŽŶƐ ŐĞ ƚŽƵƌƐ͘ĚĚŝƚŝŽŶĂůůLJ͕ĚĞǀĞůŽƉĞƌŚĂƐƌĞǀŝĞǁĞĚƚŚĞƌĞĐĞŶƚůLJƌĞůĞĂƐĞĚ͕ǀĞƌLJĚĞƚĂŝůĞĚ͕ ƉĂƌƚLJŽƉŝŶŝŽŶŵĞŵŽƌĂŶĚƵŵĨƌŽŵƚŚĞDƵůůŝŶƐ'ƌŽƵƉ/ŶĐ͘ƚŚĞƐƵďũĞĐƚƉƌŽƉĞƌƚLJ͘ƐŚŽƌƚĂŐĞŽĨŚŽƵƐŝŶŐĞdžŝƐƚƐŶŽǁ͖ĂŶĚƐĂŝĚƐŚŽƌƚĂ ŝĐĂƚŝŽŶƌĞǀŝĞǁďLJĂůůĐŝƚLJĚĞƉĂƌƚŵĞŶƚƐͬƵƚŝůŝƚLJĂŐĞŶĐŝĞƐ &ƵƚƵƌĞ>ĂŶĚhƐĞDĂƉĂŵĞŶĚŵĞŶƚƐƐŚĂůůďĞĞǀĂůƵĂƚĞĚĨŽƌĐŽŶƐŝƐƚĞŶĐLJǁŝƚŚƚŚĞĨŽůůŽǁŝŶŐĐƌŝƚĞƌŝĂ͗ ^W /&/Z/d Z/WW>/> dK&hdhZ >Eh^ DWD ED Ed^ Ͳ ƚŚĞƉƌŽƉŽƐĞĚůĂŶĚƵƐĞĐŚĂŶŐĞŚĂǀĞďĞĞŶĐŽŶƐŝĚĞƌĞĚ͘ŽŶ͕ƚŚŝƐƐŝƚĞǁŝůůƉĂLJĂƉƉƌŽdžŝŵĂƚĞůLJΨϲϱϬ<Ͳ ϲƚŚƌŽƵŐŚϮ ĞǁŝƚŚƐƵƌƌŽƵŶĚŝŶŐůĂŶĚƵƐĞ WdEŝĚĞŶƚŝĨŝĞĚŝŶƚŚĞƉůĂŶ Ͳ ĚĞƐĐƌŝďĞĚŝŶdĂďůĞƐϮ ĂŶĚ ŽŵƉƌĞŚĞŶƐŝǀĞWůĂŶ ĐƵƌƌĞŶƚůLJƉůĂŶŶĞĚĨŽƌ͘ ϭϬĂƌĞĐŽŵƉĂƚŝďů ŚĞ ǀĞŚŝĐůĞ͘ 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ĂŵĞŶŝƚLJ͕ Ͳ ƌĂƚĞ͕ŚŝŐŚ Ͳ Ͳ ƉƌŽũĞĐƚ͘ džĂĐƚƐŝƚĞƉůĂŶ͕ĨůŽŽƌƉůĂŶƐ͕ƌĞŶĚĞƌŝŶŐƐ͕ĞůĞǀĂƚŝŽŶƐ͕ƵŶŝƚ ĂƉĂƌƚŵĞŶƚƉƌŽũĞĐƚ͘hŶŝƚĐŽƵŶƚĞdžƉĞĐƚĞĚƚŽƌĂŶŐĞďĞƚǁĞĞŶϭϳϱ Ͳ ͘ ϳƐƚŽƌLJ͕ŵĂƌŬĞƚ Ŷ ĂƉƉůŝĐĂƚŝŽ Ͳ džĂĐƚƐŝƚĞƉůĂŶ͕ĨůŽŽƌƉůĂŶƐ͕ƌĞŶĚĞƌŝŶŐƐ͕ĞůĞǀĂƚŝŽŶƐ͕ƵŶŝƚ ŽŵƉƌĞŚĞŶƐŝǀĞWůĂŶŵĞŶĚŵĞŶƚZĞƋƵĞƐƚ ƐŝŵŝůĂƌƚŽ ĂƐƵďƐĞƋƵĞŶƚŽĨĨŝĐŝĂů^ŝƚĞĞǀĞůŽƉŵĞŶƚWůĂŶ;^WͿ Ͳ >ĂƚĞƌƐůŝĚĞƐƉƌŽǀŝĚĞƐŽŵĞĂĚĚŝƚŝŽŶĂůŚŝŐŚ Ͳ ZĞĚĞǀĞůŽƉƚŚĞƐƵďũĞĐƚƉƌŽƉĞƌƚLJŝŶƚŽĂϰ >ŽŽŬͬĨĞĞůĞdžƉĞĐƚĞĚƚŽďĞƐŽŵĞǁŚĂƚ ͗ Ɛ ƉƉůŝĐĂƚŝŽŶ KĨĨŝĐŝĂůŽŶĞŚĂŶŐĞZĞƋƵĞƐƚ Ă dǁŽ Ͳ ZĞƋƵĞƐƚ ƵƌƌĞŶƚ ΎΎΎ ϭ͘Ϯ͘ ʹ ƵƌƌĞŶƚŽŵƉWůĂŶĞƐŝŐŶĂƚŝŽŶ DĞĚŝƵŵĞŶƐŝƚLJZĞƐŝĚĞŶƚŝĂů ʹ ƵƌƌĞŶƚŽŵƉWůĂŶĞƐŝŐŶĂƚŝŽŶ DĞĚŝƵŵĞŶƐŝƚLJZĞƐŝĚĞŶƚŝĂů ZϮy>ŽǁĞŶƐŝƚLJZĞƐŝĚĞŶƚŝĂů ZϮdž ZϯƵƌƌĞŶƚŽŶŝŶŐ ZϮdž WƌŽƉĞƌƚLJ ^ƵďũĞĐƚ Zϰ ZϮdž ʹ ƵƌƌĞŶƚŽŶŝŶŐ ZϮy>ŽǁĞŶƐŝƚLJZĞƐŝĚĞŶƚŝĂů ʹ ƵƌƌĞŶƚŽŶŝŶŐ ZϮy>ŽǁĞŶƐŝƚLJZĞƐŝĚĞŶƚŝĂů DŝŶŝŵƵŵ^ĞƚďĂĐŬƐ ʹ ƵƌƌĞŶƚŽŶŝŶŐ ZϮy>ŽǁĞŶƐŝƚLJZĞƐŝĚĞŶƚŝĂů ʹ ƵƌƌĞŶƚŽŶŝŶŐ ZϮy>ŽǁĞŶƐŝƚLJZĞƐŝĚĞŶƚŝĂů ʹ ƵƌƌĞŶƚŽŶŝŶŐ ʹ ƵƌƌĞŶƚŽŵƉWůĂŶĞƐŝŐŶĂƚŝŽŶ ,ŝŐŚĞŶƐŝƚLJZĞƐŝĚĞŶƚŝĂů ʹ WƌŽƉŽƐĞĚŽŵƉWůĂŶĞƐŝŐŶĂƚŝŽŶ ,ŝŐŚĞŶƐŝƚLJZĞƐŝĚĞŶƚŝĂů Zϰ,ŝŐŚĞŶƐŝƚLJZĞƐŝĚĞŶƚŝĂů ZϮdž Zϯ WƌŽƉŽƐĞĚŽŶŝŶŐ ZϮdž WƌŽƉĞƌƚLJ ^ƵďũĞĐƚ Zϰ Zϰ ʹ WƌŽƉŽƐĞĚŽŶŝŶŐ Zϰ,ŝŐŚĞŶƐŝƚLJZĞƐŝĚĞŶƚŝĂů ʹ WƌŽƉŽƐĞĚŽŶŝŶŐ ƐĞƚďĂĐŬŝŶĐƌĞĂƐĞƚŽϮϱ͛ĂŶĚ ƐƵďũĞĐƚƉƌŽƉĞƌƚLJ͕ĂůŽŶŐƚŚĞ ƌŽƚĞĐƚŝŽŶƚĂŶĚĂƌĚƐ;EW^ͿĂƉƉůLJĨŽƌ ƐŽƵƚŚĞƌŶƉƌŽƉĞƌƚLJůŝŶĞ͘ ƚŚĞŵĂdžďƵŝůĚŝŶŐŚĞŝŐŚƚ ZĞƋƵŝƌĞƐŵŝŶďƵŝůĚŝŶŐ Ͳ ǁŝƚŚŝŶϭϬϬ͛ďĞϰϱ͛;ϰ W ĞŝŐŚďŽƌŚŽŽĚ Zϰ,ŝŐŚĞŶƐŝƚLJZĞƐŝĚĞŶƚŝĂů ƐƚŽƌŝĞƐͿ͘ ͗ EKd E ^ ϭϬϬ͛ Ϯϱ͛ DŝŶŝŵƵŵ^ĞƚďĂĐŬƐ ʹ WƌŽƉŽƐĞĚŽŶŝŶŐ Zϰ,ŝŐŚĞŶƐŝƚLJZĞƐŝĚĞŶƚŝĂů ʹ WƌŽƉŽƐĞĚŽŶŝŶŐ Zϰ,ŝŐŚĞŶƐŝƚLJZĞƐŝĚĞŶƚŝĂů ʹ WƌŽƉŽƐĞĚŽŶŝŶŐ ŽŵƉƌĞŚĞŶƐŝǀĞ,ŽƵƐŝŶŐŶĂůLJƐŝƐ >ĂŶĚhƐĞDĂƉŵĞŶĚŵĞŶƚŵĂLJďĞŝŶŝƚŝĂƚĞĚďLJƉĞƚŝƚŝŽŶŽĨƚŚĞƉƌŽƉĞƌƚLJŽǁŶĞƌƐ ŝĚĞŶĐĞĚďLJĂĚĞƚĂŝůĞĚĂŶĚŽďũĞĐƚŝǀĞŵĂƌŬĞƚĂŶĂůLJƐŝƐĐŽŵŵŝƐƐŝŽŶĞĚďLJƚŚĞŝƚLJǁŝƚŚ ŝƐĞdžƉĞĐƚĞĚƚŽƌĞŵĂŝŶĨŽƌƚŚĞ ΨϳϱϬ<ŝŶƚŽƚĂůĂŶŶƵĂůƉƌŽƉĞƌƚLJƚĂdžĞƐ͘ ϭϬĨŽƌƚŚĞƉƌŽƉŽƐĞĚůĂŶĚƵƐĞ͘ ĐůĂƐƐŝĨŝĐĂƚŝŽŶƐ ŐĞ ƚŽƵƌƐ͘ĚĚŝƚŝŽŶĂůůLJ͕ĚĞǀĞůŽƉĞƌŚĂƐƌĞǀŝĞǁĞĚƚŚĞƌĞĐĞŶƚůLJƌĞůĞĂƐĞĚ͕ǀĞƌLJĚĞƚĂŝůĞĚ͕ ƉĂƌƚLJŽƉŝŶŝŽŶŵĞŵŽƌĂŶĚƵŵĨƌŽŵƚŚĞDƵůůŝŶƐ'ƌŽƵƉ/ŶĐ͘ƚŚĞƐƵďũĞĐƚƉƌŽƉĞƌƚLJ͘ƐŚŽƌƚĂŐĞŽĨŚŽƵƐŝŶŐĞdžŝƐƚƐŶŽǁ͖ĂŶĚƐĂŝĚƐŚŽƌƚĂ ŝĐĂƚŝŽŶƌĞǀŝĞǁďLJĂůůĐŝƚLJĚĞƉĂƌƚŵĞŶƚƐͬƵƚŝůŝƚLJĂŐĞŶĐŝĞƐ 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