Nebraska 2025-2026 Regular Session

Nebraska Legislature Bill LB626 Latest Draft

Bill / Introduced Version Filed 01/22/2025

                            �/�(�*�,�6�/�$�7�8�5�(��2�)��1�(�%�5�$�6�.�$
�2�1�(��+�8�1�'�5�(�'��1�,�1�7�+��/�(�*�,�6�/�$�7�8�5�(
�)�,�5�6�7��6�(�6�6�,�2�1
�/�(�*�,�6�/�$�7�,�9�(��%�,�/�/����
�b
�,�Q�W�U�R�G�X�F�H�G��E�\ �'�R�Y�H�U�����
�5�H�D�G��I�L�U�V�W��W�L�P�H��-�D�Q�X�D�U�\���������
�&�R�P�P�L�W�W�H�H�
�$� �%�,�/�/� �)�2�5� �$�1� �$�&�7� �U�H�O�D�W�L�Q�J� �W�R� �W�K�H� �&�R�P�P�X�Q�L�W�\� �'�H�Y�H�O�R�S�P�H�Q�W� �/�D�Z�� �W�R� �D�P�H�Q�G�
�V�H�F�W�L�R�Q� ��������� �5�H�L�V�V�X�H� �5�H�Y�L�V�H�G� �6�W�D�W�X�W�H�V� �R�I� �1�H�E�U�D�V�N�D�� �D�Q�G� �V�H�F�W�L�R�Q�V�
����������� �D�Q�G� ��������� �5�H�Y�L�V�H�G� �6�W�D�W�X�W�H�V� �&�X�P�X�O�D�W�L�Y�H� �6�X�S�S�O�H�P�H�Q�W��
������ �W�R� �D�X�W�K�R�U�L�]�H� �U�H�G�H�Y�H�O�R�S�P�H�Q�W� �S�U�R�M�H�F�W�V� �L�Q�Y�R�O�Y�L�Q�J� �D�I�I�R�U�G�D�E�O�H�
�K�R�X�V�L�Q�J� �D�V� �S�U�H�V�F�U�L�E�H�G�� �W�R� �G�H�I�L�Q�H� �D�Q�G� �U�H�G�H�I�L�Q�H� �W�H�U�P�V�� �W�R� �K�D�U�P�R�Q�L�]�H�
�S�U�R�Y�L�V�L�R�Q�V���D�Q�G��W�R��U�H�S�H�D�O��W�K�H��R�U�L�J�L�Q�D�O��V�H�F�W�L�R�Q�V��
�%�H��L�W��H�Q�D�F�W�H�G��E�\��W�K�H��S�H�R�S�O�H��R�I��W�K�H��6�W�D�W�H��R�I��1�H�E�U�D�V�N�D��
�/�%���
����
�/�%���
����
��� �6�H�F�W�L�R�Q� ���	�6�H�F�W�L�R�Q� ������������ �5�H�Y�L�V�H�G� �6�W�D�W�X�W�H�V� �&�X�P�X�O�D�W�L�Y�H�
�6�X�S�S�O�H�P�H�Q�W���������L�V��D�P�H�Q�G�H�G��W�R��U�H�D�G��
����������� ���� �)�R�U� �D�Q�\� �F�L�W�\� �W�K�D�W� ��D��	�L�Q�W�H�Q�G�V� �W�R� �F�D�U�U�\� �R�X�W� �D�
�U�H�G�H�Y�H�O�R�S�P�H�Q�W� �S�U�R�M�H�F�W� �Z�K�L�F�K� �Z�L�O�O� �L�Q�Y�R�O�Y�H� �W�K�H� �F�R�Q�V�W�U�X�F�W�L�R�Q� �R�I� �Z�R�U�N�I�R�U�F�H�
�K�R�X�V�L�Q�J� �L�Q� �D�Q� �H�[�W�U�H�P�H�O�\� �E�O�L�J�K�W�H�G� �D�U�H�D� �D�V� �D�X�W�K�R�U�L�]�H�G� �X�Q�G�H�U� �V�X�E�G�L�Y�L�V�L�R�Q�
������J�� �R�I� �V�H�F�W�L�R�Q� ��������� ��E�� �L�Q�W�H�Q�G�V� �W�R� �S�U�H�S�D�U�H� �D� �U�H�G�H�Y�H�O�R�S�P�H�Q�W� �S�O�D�Q�
�W�K�D�W��Z�L�O�O��G�L�Y�L�G�H��D�G��Y�D�O�R�U�H�P��W�D�[�H�V��I�R�U��D��S�H�U�L�R�G��R�I��P�R�U�H��W�K�D�Q��I�L�I�W�H�H�Q��\�H�D�U�V�
�E�X�W� �Q�R�W� �P�R�U�H� �W�K�D�Q� �W�Z�H�Q�W�\� �\�H�D�U�V� �D�V� �S�U�R�Y�L�G�H�G� �L�Q� �V�X�E�G�L�Y�L�V�L�R�Q� �����D�� �R�I�
�V�H�F�W�L�R�Q� ���������	��E�	�	��F�	� �L�Q�W�H�Q�G�V� �W�R� �G�H�F�O�D�U�H� �D�Q� �D�U�H�D� �D�V� �D�Q� �H�[�W�U�H�P�H�O�\�
�E�O�L�J�K�W�H�G� �D�U�H�D� �I�R�U� �S�X�U�S�R�V�H�V� �R�I� �I�X�Q�G�L�Q�J� �G�H�F�L�V�L�R�Q�V� �X�Q�G�H�U� �V�X�E�G�L�Y�L�V�L�R�Q� �����E���
�R�I� �V�H�F�W�L�R�Q� �������� �R�U�	��F�	� ��G�	� �L�Q�W�H�Q�G�V� �W�R� �G�H�F�O�D�U�H� �D�Q� �D�U�H�D� �D�V� �D�Q� �H�[�W�U�H�P�H�O�\��
�E�O�L�J�K�W�H�G��D�U�H�D��L�Q��R�U�G�H�U��I�R�U��L�Q�G�L�Y�L�G�X�D�O�V��S�X�U�F�K�D�V�L�Q�J��U�H�V�L�G�H�Q�F�H�V��L�Q��V�X�F�K��D�U�H�D��
�W�R� �T�X�D�O�L�I�\� �I�R�U� �W�K�H� �L�Q�F�R�P�H� �W�D�[� �F�U�H�G�L�W� �D�X�W�K�R�U�L�]�H�G� �L�Q� �V�X�E�V�H�F�W�L�R�Q� ���� �R�I��
�V�H�F�W�L�R�Q� ������������ �W�K�H� �J�R�Y�H�U�Q�L�Q�J� �E�R�G�\� �R�I� �V�X�F�K� �F�L�W�\� �V�K�D�O�O� �I�L�U�V�W� �G�H�F�O�D�U�H���
�E�\� �U�H�V�R�O�X�W�L�R�Q� �D�G�R�S�W�H�G� �D�I�W�H�U� �W�K�H� �S�X�E�O�L�F� �K�H�D�U�L�Q�J�V� �U�H�T�X�L�U�H�G� �X�Q�G�H�U� �W�K�L�V��
�V�H�F�W�L�R�Q���V�X�F�K��D�U�H�D��W�R��E�H��D�Q��H�[�W�U�H�P�H�O�\��E�O�L�J�K�W�H�G��D�U�H�D���
���� �3�U�L�R�U� �W�R� �P�D�N�L�Q�J� �V�X�F�K� �G�H�F�O�D�U�D�W�L�R�Q�� �W�K�H� �J�R�Y�H�U�Q�L�Q�J� �E�R�G�\� �R�I� �W�K�H� �F�L�W�\��
�V�K�D�O�O� �F�R�Q�G�X�F�W� �R�U� �F�D�X�V�H� �W�R� �E�H� �F�R�Q�G�X�F�W�H�G� �D� �V�W�X�G�\� �R�U� �D�Q� �D�Q�D�O�\�V�L�V� �R�Q� �Z�K�H�W�K�H�U��
�W�K�H� �D�U�H�D� �L�V� �H�[�W�U�H�P�H�O�\� �E�O�L�J�K�W�H�G� �D�Q�G� �V�K�D�O�O� �V�X�E�P�L�W� �W�K�H� �T�X�H�V�W�L�R�Q� �R�I� �Z�K�H�W�K�H�U��
�V�X�F�K� �D�U�H�D� �L�V� �H�[�W�U�H�P�H�O�\� �E�O�L�J�K�W�H�G� �W�R� �W�K�H� �S�O�D�Q�Q�L�Q�J� �F�R�P�P�L�V�V�L�R�Q� �R�U� �E�R�D�U�G� �R�I��
�W�K�H� �F�L�W�\� �I�R�U� �L�W�V� �U�H�Y�L�H�Z� �D�Q�G� �U�H�F�R�P�P�H�Q�G�D�W�L�R�Q�� �7�K�H� �S�O�D�Q�Q�L�Q�J� �F�R�P�P�L�V�V�L�R�Q� �R�U��
�E�R�D�U�G� �V�K�D�O�O� �K�R�O�G� �D� �S�X�E�O�L�F� �K�H�D�U�L�Q�J� �R�Q� �W�K�H� �T�X�H�V�W�L�R�Q� �D�I�W�H�U� �J�L�Y�L�Q�J� �Q�R�W�L�F�H� �R�I��
�W�K�H��K�H�D�U�L�Q�J��D�V��S�U�R�Y�L�G�H�G��L�Q��V�H�F�W�L�R�Q��������������7�K�H��S�O�D�Q�Q�L�Q�J��F�R�P�P�L�V�V�L�R�Q��R�U��
�E�R�D�U�G� �V�K�D�O�O� �V�X�E�P�L�W� �L�W�V� �Z�U�L�W�W�H�Q� �U�H�F�R�P�P�H�Q�G�D�W�L�R�Q�V� �W�R� �W�K�H� �J�R�Y�H�U�Q�L�Q�J� �E�R�G�\� �R�I��
�W�K�H��F�L�W�\��Z�L�W�K�L�Q��W�K�L�U�W�\��G�D�\�V��D�I�W�H�U��W�K�H��S�X�E�O�L�F��K�H�D�U�L�Q�J���
���� �8�S�R�Q� �U�H�F�H�L�S�W� �R�I� �W�K�H� �U�H�F�R�P�P�H�Q�G�D�W�L�R�Q�V� �R�I� �W�K�H� �S�O�D�Q�Q�L�Q�J� �F�R�P�P�L�V�V�L�R�Q��
�R�U� �E�R�D�U�G�� �R�U� �L�I� �Q�R� �U�H�F�R�P�P�H�Q�G�D�W�L�R�Q�V� �D�U�H� �U�H�F�H�L�Y�H�G� �Z�L�W�K�L�Q� �W�K�L�U�W�\� �G�D�\�V� �D�I�W�H�U��
�W�K�H� �S�X�E�O�L�F� �K�H�D�U�L�Q�J� �U�H�T�X�L�U�H�G� �X�Q�G�H�U� �V�X�E�V�H�F�W�L�R�Q� ���� �R�I� �W�K�L�V� �V�H�F�W�L�R�Q�� �W�K�H��
�J�R�Y�H�U�Q�L�Q�J��E�R�G�\��V�K�D�O�O��K�R�O�G��D��S�X�E�O�L�F��K�H�D�U�L�Q�J��R�Q��W�K�H��T�X�H�V�W�L�R�Q��R�I��Z�K�H�W�K�H�U��W�K�H��
�D�U�H�D��L�V��H�[�W�U�H�P�H�O�\��E�O�L�J�K�W�H�G��D�I�W�H�U��J�L�Y�L�Q�J��Q�R�W�L�F�H��R�I��W�K�H��K�H�D�U�L�Q�J��D�V��S�U�R�Y�L�G�H�G��
�L�Q� �V�H�F�W�L�R�Q� ������������ �$�W� �W�K�H� �S�X�E�O�L�F� �K�H�D�U�L�Q�J�� �D�O�O� �L�Q�W�H�U�H�V�W�H�G� �S�D�U�W�L�H�V��
�/�%���
����
�/�%���
����
��� �V�K�D�O�O� �E�H� �D�I�I�R�U�G�H�G� �D� �U�H�D�V�R�Q�D�E�O�H� �R�S�S�R�U�W�X�Q�L�W�\� �W�R� �H�[�S�U�H�V�V� �W�K�H�L�U� �Y�L�H�Z�V�
�U�H�V�S�H�F�W�L�Q�J� �W�K�H� �S�U�R�S�R�V�H�G� �G�H�F�O�D�U�D�W�L�R�Q�� �$�I�W�H�U� �V�X�F�K� �K�H�D�U�L�Q�J�� �W�K�H� �J�R�Y�H�U�Q�L�Q�J�
�E�R�G�\��R�I��W�K�H��F�L�W�\��P�D�\��P�D�N�H��L�W�V��G�H�F�O�D�U�D�W�L�R�Q��
���� �&�R�S�L�H�V� �R�I� �H�D�F�K� �V�W�X�G�\� �R�U� �D�Q�D�O�\�V�L�V� �F�R�Q�G�X�F�W�H�G� �S�X�U�V�X�D�Q�W� �W�R�
�V�X�E�V�H�F�W�L�R�Q� ���� �R�I� �W�K�L�V� �V�H�F�W�L�R�Q� �V�K�D�O�O� �E�H� �S�R�V�W�H�G� �R�Q� �W�K�H� �F�L�W�\��V� �S�X�E�O�L�F�
�Z�H�E�V�L�W�H� �R�U� �P�D�G�H� �D�Y�D�L�O�D�E�O�H� �I�R�U� �S�X�E�O�L�F� �L�Q�V�S�H�F�W�L�R�Q� �D�W� �D� �O�R�F�D�W�L�R�Q� �G�H�V�L�J�Q�D�W�H�G�
�E�\��W�K�H��F�L�W�\��
���� �7�K�H� �V�W�X�G�\� �R�U� �D�Q�D�O�\�V�L�V� �U�H�T�X�L�U�H�G� �X�Q�G�H�U� �V�X�E�V�H�F�W�L�R�Q� ���� �R�I� �W�K�L�V�
�V�H�F�W�L�R�Q� �P�D�\� �E�H� �F�R�Q�G�X�F�W�H�G� �L�Q� �F�R�Q�M�X�Q�F�W�L�R�Q� �Z�L�W�K� �W�K�H� �V�W�X�G�\� �R�U� �D�Q�D�O�\�V�L�V�
�U�H�T�X�L�U�H�G� �X�Q�G�H�U� �V�H�F�W�L�R�Q� ��������� �7�K�H� �K�H�D�U�L�Q�J�V� �U�H�T�X�L�U�H�G� �X�Q�G�H�U� �W�K�L�V� �V�H�F�W�L�R�Q��
�P�D�\� �E�H� �K�H�O�G� �L�Q� �F�R�Q�M�X�Q�F�W�L�R�Q� �Z�L�W�K� �W�K�H� �K�H�D�U�L�Q�J�V� �U�H�T�X�L�U�H�G� �X�Q�G�H�U� �V�H�F�W�L�R�Q��
����������
���� �1�R�W�Z�L�W�K�V�W�D�Q�G�L�Q�J� �D�Q�\� �R�W�K�H�U� �S�U�R�Y�L�V�L�R�Q�V� �R�I� �W�K�H� �&�R�P�P�X�Q�L�W�\��
�'�H�Y�H�O�R�S�P�H�Q�W��/�D�Z���W�K�H��G�H�V�L�J�Q�D�W�L�R�Q��R�I��D�Q��D�U�H�D��D�V��D�Q��H�[�W�U�H�P�H�O�\��E�O�L�J�K�W�H�G��D�U�H�D��
�S�X�U�V�X�D�Q�W� �W�R� �W�K�L�V� �V�H�F�W�L�R�Q� �V�K�D�O�O� �E�H� �Y�D�O�L�G� �I�R�U� �D� �S�H�U�L�R�G� �R�I� �Q�R� �O�H�V�V� �W�K�D�Q��
�W�Z�H�Q�W�\��I�L�Y�H� �\�H�D�U�V� �I�U�R�P� �W�K�H� �H�I�I�H�F�W�L�Y�H� �G�D�W�H� �R�I� �W�K�H� �U�H�V�R�O�X�W�L�R�Q� �G�H�F�O�D�U�L�Q�J��
�V�X�F�K� �D�U�H�D� �W�R� �E�H� �D�Q� �H�[�W�U�H�P�H�O�\� �E�O�L�J�K�W�H�G� �D�U�H�D�� �H�[�F�H�S�W� �W�K�D�W� �V�X�F�K� �G�H�V�L�J�Q�D�W�L�R�Q��
�P�D�\� �E�H� �U�H�P�R�Y�H�G� �S�U�L�R�U� �W�R� �W�K�H� �H�Q�G� �R�I� �V�X�F�K� �S�H�U�L�R�G� �S�X�U�V�X�D�Q�W� �W�R� �V�H�F�W�L�R�Q��
����������
�6�H�F�� ���	�6�H�F�W�L�R�Q� ��������� �5�H�L�V�V�X�H� �5�H�Y�L�V�H�G� �6�W�D�W�X�W�H�V� �R�I� �1�H�E�U�D�V�N�D�� �L�V��
�D�P�H�Q�G�H�G��W�R��U�H�D�G���
�������� �,�W� �L�V� �K�H�U�H�E�\� �I�R�X�Q�G� �D�Q�G� �G�H�F�O�D�U�H�G� �W�K�D�W� �W�K�H�U�H� �H�[�L�V�W� �L�Q� �F�L�W�L�H�V��
�R�I� �D�O�O� �F�O�D�V�V�H�V� �D�Q�G� �Y�L�O�O�D�J�H�V� �R�I� �W�K�L�V� �V�W�D�W�H� �D�U�H�D�V� �Z�K�L�F�K� �K�D�Y�H� �G�H�W�H�U�L�R�U�D�W�H�G��
�D�Q�G� �E�H�F�R�P�H� �V�X�E�V�W�D�Q�G�D�U�G� �D�Q�G� �E�O�L�J�K�W�H�G� �E�H�F�D�X�V�H� �R�I� �W�K�H� �X�Q�V�D�I�H�� �L�Q�V�D�Q�L�W�D�U�\���
�L�Q�D�G�H�T�X�D�W�H�� �R�U� �R�Y�H�U�F�U�R�Z�G�H�G� �F�R�Q�G�L�W�L�R�Q� �R�I� �W�K�H� �G�Z�H�O�O�L�Q�J�V� �W�K�H�U�H�L�Q�� �R�U� �E�H�F�D�X�V�H��
�R�I� �L�Q�D�G�H�T�X�D�W�H� �S�O�D�Q�Q�L�Q�J� �R�I� �W�K�H� �D�U�H�D�� �R�U� �H�[�F�H�V�V�L�Y�H� �O�D�Q�G� �F�R�Y�H�U�D�J�H� �E�\� �W�K�H��
�E�X�L�O�G�L�Q�J�V��W�K�H�U�H�R�Q���R�U��W�K�H��O�D�F�N��R�I��S�U�R�S�H�U��O�L�J�K�W��D�Q�G��D�L�U��D�Q�G��R�S�H�Q��V�S�D�F�H���R�U��
�E�H�F�D�X�V�H��R�I��W�K�H��G�H�I�H�F�W�L�Y�H��G�H�V�L�J�Q��D�Q�G��D�U�U�D�Q�J�H�P�H�Q�W��R�I��W�K�H��E�X�L�O�G�L�Q�J�V��W�K�H�U�H�R�Q���
�R�U� �I�D�X�O�W�\� �V�W�U�H�H�W� �R�U� �O�R�W� �O�D�\�R�X�W�� �R�U� �F�R�Q�J�H�V�W�H�G� �W�U�D�I�I�L�F� �F�R�Q�G�L�W�L�R�Q�V�� �R�U��
�H�F�R�Q�R�P�L�F�D�O�O�\��R�U��V�R�F�L�D�O�O�\��X�Q�G�H�V�L�U�D�E�O�H��O�D�Q�G��X�V�H�V	���R�U��W�K�H��O�D�F�N��R�I��D�I�I�R�U�G�D�E�O�H��
�K�R�X�V�L�Q�J� �L�Q� �W�K�H� �D�U�H�D�� �6�X�F�K� �F�R�Q�G�L�W�L�R�Q�V� �R�U� �D� �F�R�P�E�L�Q�D�W�L�R�Q� �R�I� �V�R�P�H� �R�U� �D�O�O� �R�I��
�/�%���
����
�/�%���
����
��� �W�K�H�P� �K�D�Y�H� �U�H�V�X�O�W�H�G� �D�Q�G� �Z�L�O�O� �F�R�Q�W�L�Q�X�H� �W�R� �U�H�V�X�O�W� �L�Q� �P�D�N�L�Q�J� �V�X�F�K� �D�U�H�D�V�
�H�F�R�Q�R�P�L�F� �R�U� �V�R�F�L�D�O� �O�L�D�E�L�O�L�W�L�H�V� �K�D�U�P�I�X�O� �W�R� �W�K�H� �V�R�F�L�D�O� �D�Q�G� �H�F�R�Q�R�P�L�F� �Z�H�O�O��
�E�H�L�Q�J� �R�I� �W�K�H� �H�Q�W�L�U�H� �F�R�P�P�X�Q�L�W�L�H�V� �L�Q� �Z�K�L�F�K� �W�K�H�\� �H�[�L�V�W�� �Q�H�H�G�O�H�V�V�O�\�
�L�Q�F�U�H�D�V�L�Q�J� �S�X�E�O�L�F� �H�[�S�H�Q�G�L�W�X�U�H�V�� �L�P�S�R�V�L�Q�J� �R�Q�H�U�R�X�V� �P�X�Q�L�F�L�S�D�O� �E�X�U�G�H�Q�V��
�G�H�F�U�H�D�V�L�Q�J� �W�K�H� �W�D�[� �E�D�V�H�� �U�H�G�X�F�L�Q�J� �W�D�[� �U�H�Y�H�Q�X�H�� �V�X�E�V�W�D�Q�W�L�D�O�O�\� �L�P�S�D�L�U�L�Q�J� �R�U�
�D�U�U�H�V�W�L�Q�J� �W�K�H� �V�R�X�Q�G� �J�U�R�Z�W�K� �R�I� �P�X�Q�L�F�L�S�D�O�L�W�L�H�V�� �D�J�J�U�D�Y�D�W�L�Q�J� �W�U�D�I�I�L�F�
�S�U�R�E�O�H�P�V�� �V�X�E�V�W�D�Q�W�L�D�O�O�\� �L�P�S�D�L�U�L�Q�J� �R�U� �D�U�U�H�V�W�L�Q�J� �W�K�H� �H�O�L�P�L�Q�D�W�L�R�Q� �R�I� �W�U�D�I�I�L�F�
�K�D�]�D�U�G�V� �D�Q�G� �W�K�H� �L�P�S�U�R�Y�H�P�H�Q�W� �R�I� �W�U�D�I�I�L�F� �I�D�F�L�O�L�W�L�H�V�� �D�Q�G� �G�H�S�U�H�F�L�D�W�L�Q�J�
�J�H�Q�H�U�D�O� �F�R�P�P�X�Q�L�W�\��Z�L�G�H� �Y�D�O�X�H�V�� �7�K�H� �H�[�L�V�W�H�Q�F�H� �R�I� �V�X�F�K� �D�U�H�D�V� �F�R�Q�W�U�L�E�X�W�H�V�
�V�X�E�V�W�D�Q�W�L�D�O�O�\� �D�Q�G� �L�Q�F�U�H�D�V�L�Q�J�O�\� �W�R� �W�K�H� �V�S�U�H�D�G� �R�I� �G�L�V�H�D�V�H� �D�Q�G� �F�U�L�P�H���
�Q�H�F�H�V�V�L�W�D�W�L�Q�J� �H�[�F�H�V�V�L�Y�H� �D�Q�G� �G�L�V�S�U�R�S�R�U�W�L�R�Q�D�W�H� �H�[�S�H�Q�G�L�W�X�U�H�V� �R�I� �S�X�E�O�L�F� �I�X�Q�G�V��
�I�R�U� �W�K�H� �S�U�H�V�H�U�Y�D�W�L�R�Q� �R�I� �W�K�H� �S�X�E�O�L�F� �K�H�D�O�W�K� �D�Q�G� �V�D�I�H�W�\�� �I�R�U� �F�U�L�P�H��
�S�U�H�Y�H�Q�W�L�R�Q�� �F�R�U�U�H�F�W�L�R�Q�� �S�U�R�V�H�F�X�W�L�R�Q�� �S�X�Q�L�V�K�P�H�Q�W� �D�Q�G� �W�K�H� �W�U�H�D�W�P�H�Q�W� �R�I��
�M�X�Y�H�Q�L�O�H� �G�H�O�L�Q�T�X�H�Q�F�\�� �D�Q�G� �I�R�U� �W�K�H� �P�D�L�Q�W�H�Q�D�Q�F�H� �R�I� �D�G�H�T�X�D�W�H� �S�R�O�L�F�H�� �I�L�U�H���
�D�Q�G� �D�F�F�L�G�H�Q�W� �S�U�R�W�H�F�W�L�R�Q� �D�Q�G� �R�W�K�H�U� �S�X�E�O�L�F� �V�H�U�Y�L�F�H�V� �D�Q�G� �I�D�F�L�O�L�W�L�H�V�� �7�K�H�V�H��
�F�R�Q�G�L�W�L�R�Q�V� �D�U�H� �E�H�\�R�Q�G� �U�H�P�H�G�\� �D�Q�G� �F�R�Q�W�U�R�O� �V�R�O�H�O�\� �E�\� �U�H�J�X�O�D�W�R�U�\� �S�U�R�F�H�V�V� �L�Q��
�W�K�H� �H�[�H�U�F�L�V�H� �R�I� �W�K�H� �S�R�O�L�F�H� �S�R�Z�H�U� �D�Q�G� �F�D�Q�Q�R�W� �E�H� �G�H�D�O�W� �Z�L�W�K� �H�I�I�H�F�W�L�Y�H�O�\� �E�\��
�W�K�H� �R�U�G�L�Q�D�U�\� �R�S�H�U�D�W�L�R�Q�V� �R�I� �S�U�L�Y�D�W�H� �H�Q�W�H�U�S�U�L�V�H� �Z�L�W�K�R�X�W� �W�K�H� �D�L�G�V� �K�H�U�H�L�Q��
�S�U�R�Y�L�G�H�G�� �7�K�H� �H�O�L�P�L�Q�D�W�L�R�Q� �R�I� �V�X�F�K� �F�R�Q�G�L�W�L�R�Q�V� �D�Q�G� �W�K�H� �D�F�T�X�L�V�L�W�L�R�Q� �D�Q�G��
�S�U�H�S�D�U�D�W�L�R�Q� �R�I� �O�D�Q�G� �L�Q� �R�U� �Q�H�F�H�V�V�D�U�\� �W�R� �W�K�H� �U�H�Q�H�Z�D�O� �R�I� �V�X�E�V�W�D�Q�G�D�U�G� �D�Q�G��
�E�O�L�J�K�W�H�G� �D�U�H�D�V� �D�Q�G� �L�W�V� �V�D�O�H� �R�U� �O�H�D�V�H� �I�R�U� �G�H�Y�H�O�R�S�P�H�Q�W� �R�U� �U�H�G�H�Y�H�O�R�S�P�H�Q�W� �L�Q��
�D�F�F�R�U�G�D�Q�F�H� �Z�L�W�K� �J�H�Q�H�U�D�O� �S�O�D�Q�V� �D�Q�G� �U�H�G�H�Y�H�O�R�S�P�H�Q�W� �S�O�D�Q�V� �R�I� �F�R�P�P�X�Q�L�W�L�H�V� �D�Q�G��
�D�Q�\� �D�V�V�L�V�W�D�Q�F�H� �Z�K�L�F�K� �P�D�\� �E�H� �J�L�Y�H�Q� �E�\� �D�Q�\� �V�W�D�W�H� �S�X�E�O�L�F� �E�R�G�\� �L�Q� �F�R�Q�Q�H�F�W�L�R�Q��
�W�K�H�U�H�Z�L�W�K� �D�U�H� �S�X�E�O�L�F� �X�V�H�V� �D�Q�G� �S�X�U�S�R�V�H�V� �I�R�U� �Z�K�L�F�K� �S�X�E�O�L�F� �P�R�Q�H�\� �P�D�\� �E�H��
�H�[�S�H�Q�G�H�G� �D�Q�G� �S�U�L�Y�D�W�H� �S�U�R�S�H�U�W�\� �D�F�T�X�L�U�H�G�� �7�K�H� �Q�H�F�H�V�V�L�W�\� �L�Q� �W�K�H� �S�X�E�O�L�F��
�L�Q�W�H�U�H�V�W� �I�R�U� �W�K�H� �S�U�R�Y�L�V�L�R�Q�V� �R�I� �W�K�H� �&�R�P�P�X�Q�L�W�\� �'�H�Y�H�O�R�S�P�H�Q�W� �/�D�Z� �L�V� �K�H�U�H�E�\��
�G�H�F�O�D�U�H�G��W�R��E�H��D��P�D�W�W�H�U��R�I��O�H�J�L�V�O�D�W�L�Y�H��G�H�W�H�U�P�L�Q�D�W�L�R�Q���
�,�W� �L�V� �I�X�U�W�K�H�U� �I�R�X�Q�G� �D�Q�G� �G�H�F�O�D�U�H�G� �W�K�D�W� �W�K�H� �S�U�H�Y�H�Q�W�L�R�Q� �D�Q�G� �H�O�L�P�L�Q�D�W�L�R�Q��
�R�I� �E�O�L�J�K�W� �L�V� �D� �P�D�W�W�H�U� �R�I� �V�W�D�W�H� �S�R�O�L�F�\�� �S�X�E�O�L�F� �L�Q�W�H�U�H�V�W�� �D�Q�G� �V�W�D�W�H�Z�L�G�H��
�F�R�Q�F�H�U�Q� �D�Q�G� �Z�L�W�K�L�Q� �W�K�H� �S�R�Z�H�U�V� �D�Q�G� �D�X�W�K�R�U�L�W�\� �L�Q�K�H�U�L�Q�J� �L�Q� �D�Q�G� �U�H�V�H�U�Y�H�G� �W�R��
�W�K�H� �V�W�D�W�H�� �L�Q� �R�U�G�H�U� �W�K�D�W� �W�K�H� �V�W�D�W�H� �D�Q�G� �L�W�V� �P�X�Q�L�F�L�S�D�O�L�W�L�H�V� �V�K�D�O�O� �Q�R�W��
�/�%���
����
�/�%���
����
��� �F�R�Q�W�L�Q�X�H� �W�R� �E�H� �H�Q�G�D�Q�J�H�U�H�G� �E�\� �D�U�H�D�V� �Z�K�L�F�K� �D�U�H� �I�R�F�D�O� �F�H�Q�W�H�U�V� �R�I� �G�L�V�H�D�V�H��
�S�U�R�P�R�W�H� �M�X�Y�H�Q�L�O�H� �G�H�O�L�Q�T�X�H�Q�F�\�� �D�Q�G� �F�R�Q�V�X�P�H� �D�Q� �H�[�F�H�V�V�L�Y�H� �S�U�R�S�R�U�W�L�R�Q� �R�I�
�W�K�H�L�U��U�H�Y�H�Q�X�H��
�,�W� �L�V� �I�X�U�W�K�H�U� �I�R�X�Q�G� �D�Q�G� �G�H�F�O�D�U�H�G� �W�K�D�W� �F�H�U�W�D�L�Q� �V�X�E�V�W�D�Q�G�D�U�G� �D�Q�G�
�E�O�L�J�K�W�H�G� �D�U�H�D�V�� �R�U� �S�R�U�W�L�R�Q�V� �W�K�H�U�H�R�I�� �P�D�\� �U�H�T�X�L�U�H� �D�F�T�X�L�V�L�W�L�R�Q�� �F�O�H�D�U�D�Q�F�H��
�D�Q�G� �G�L�V�S�R�V�L�W�L�R�Q�� �V�X�E�M�H�F�W� �W�R� �X�V�H� �U�H�V�W�U�L�F�W�L�R�Q�V�� �D�V� �S�U�R�Y�L�G�H�G� �L�Q� �W�K�H�
�&�R�P�P�X�Q�L�W�\� �'�H�Y�H�O�R�S�P�H�Q�W� �/�D�Z�� �V�L�Q�F�H� �W�K�H� �S�U�H�Y�D�L�O�L�Q�J� �F�R�Q�G�L�W�L�R�Q�V� �R�I� �G�H�F�D�\� �P�D�\�
�P�D�N�H� �L�P�S�U�D�F�W�L�F�D�E�O�H� �W�K�H� �U�H�F�O�D�P�D�W�L�R�Q� �R�I� �W�K�H� �D�U�H�D� �E�\� �F�R�Q�V�H�U�Y�D�W�L�R�Q� �R�U�
�U�H�K�D�E�L�O�L�W�D�W�L�R�Q�� �W�K�D�W� �R�W�K�H�U� �D�U�H�D�V� �R�U� �S�R�U�W�L�R�Q�V� �W�K�H�U�H�R�I� �P�D�\�� �W�K�U�R�X�J�K� �W�K�H�
�P�H�D�Q�V� �S�U�R�Y�L�G�H�G� �L�Q� �W�K�H� �&�R�P�P�X�Q�L�W�\� �'�H�Y�H�O�R�S�P�H�Q�W� �/�D�Z�� �E�H� �V�X�V�F�H�S�W�L�E�O�H� �R�I��
�F�R�Q�V�H�U�Y�D�W�L�R�Q� �R�U� �U�H�K�D�E�L�O�L�W�D�W�L�R�Q� �L�Q� �V�X�F�K� �D� �P�D�Q�Q�H�U� �W�K�D�W� �W�K�H� �F�R�Q�G�L�W�L�R�Q�V� �D�Q�G��
�H�Y�L�O�V�� �K�H�U�H�L�Q�E�H�I�R�U�H� �H�Q�X�P�H�U�D�W�H�G�� �P�D�\� �E�H� �H�O�L�P�L�Q�D�W�H�G�� �U�H�P�H�G�L�H�G�� �R�U��
�S�U�H�Y�H�Q�W�H�G�� �D�Q�G� �W�K�D�W� �V�D�O�Y�D�J�H�D�E�O�H� �V�X�E�V�W�D�Q�G�D�U�G� �D�Q�G� �E�O�L�J�K�W�H�G� �D�U�H�D�V� �F�D�Q� �E�H��
�F�R�Q�V�H�U�Y�H�G� �D�Q�G� �U�H�K�D�E�L�O�L�W�D�W�H�G� �W�K�U�R�X�J�K� �D�S�S�U�R�S�U�L�D�W�H� �S�X�E�O�L�F� �D�F�W�L�R�Q� �D�Q�G� �W�K�H��
�F�R�R�S�H�U�D�W�L�R�Q��D�Q�G��Y�R�O�X�Q�W�D�U�\��D�F�W�L�R�Q��R�I��W�K�H��R�Z�Q�H�U�V��D�Q�G��W�H�Q�D�Q�W�V��R�I��S�U�R�S�H�U�W�\��L�Q��
�V�X�F�K��D�U�H�D�V���
�6�H�F�� ���	�6�H�F�W�L�R�Q� ��������� �5�H�Y�L�V�H�G� �6�W�D�W�X�W�H�V� �&�X�P�X�O�D�W�L�Y�H� �6�X�S�S�O�H�P�H�Q�W���
�������L�V��D�P�H�Q�G�H�G��W�R��U�H�D�G���
�������� �)�R�U� �S�X�U�S�R�V�H�V� �R�I� �W�K�H� �&�R�P�P�X�Q�L�W�\� �'�H�Y�H�O�R�S�P�H�Q�W� �/�D�Z�� �X�Q�O�H�V�V� �W�K�H��
�F�R�Q�W�H�[�W��R�W�K�H�U�Z�L�V�H��U�H�T�X�L�U�H�V���
���� �$�I�I�R�U�G�D�E�O�H� �K�R�X�V�L�Q�J� �P�H�D�Q�V� ��D�� �Z�R�U�N�I�R�U�F�H� �K�R�X�V�L�Q�J�� ��E�� �K�R�X�V�L�Q�J��
�W�D�U�J�H�W�H�G� �I�R�U� �K�R�X�V�H�K�R�O�G�V� �H�D�U�Q�L�Q�J� �O�H�V�V� �W�K�D�Q� �V�L�[�W�\� �S�H�U�F�H�Q�W� �R�I� �W�K�H� �P�H�G�L�D�Q��
�L�Q�F�R�P�H� �I�R�U� �W�K�H� �F�R�X�Q�W�\� �L�Q� �Z�K�L�F�K� �V�X�F�K� �K�R�X�V�L�Q�J� �L�V� �O�R�F�D�W�H�G�� �R�U� ��F�� �K�R�X�V�L�Q�J��
�X�Q�G�H�U��V�H�F�W�L�R�Q�����R�I��W�K�H��,�Q�W�H�U�Q�D�O��5�H�Y�H�Q�X�H��&�R�G�H���
���	�	���	� �$�U�H�D� �R�I� �R�S�H�U�D�W�L�R�Q� �P�H�D�Q�V� �D�Q�G� �L�Q�F�O�X�G�H�V� �W�K�H� �D�U�H�D� �Z�L�W�K�L�Q� �W�K�H��
�F�R�U�S�R�U�D�W�H� �O�L�P�L�W�V� �R�I� �W�K�H� �F�L�W�\� �D�Q�G� �V�X�F�K� �O�D�Q�G� �R�X�W�V�L�G�H� �W�K�H� �F�L�W�\� �D�V� �P�D�\� �F�R�P�H��
�Z�L�W�K�L�Q��W�K�H��S�X�U�Y�L�H�Z��R�I��V�H�F�W�L�R�Q�V����������D�Q�G��������������
���	�	���	� �$�X�W�K�R�U�L�W�\� �P�H�D�Q�V� �D�Q�\� �F�R�P�P�X�Q�L�W�\� �U�H�G�H�Y�H�O�R�S�P�H�Q�W� �D�X�W�K�R�U�L�W�\��
�F�U�H�D�W�H�G� �S�X�U�V�X�D�Q�W� �W�R� �V�H�F�W�L�R�Q� ����������� �D�Q�G� �D�Q�\� �F�R�P�P�X�Q�L�W�\� �G�H�Y�H�O�R�S�P�H�Q�W��
�D�J�H�Q�F�\� �F�U�H�D�W�H�G� �S�X�U�V�X�D�Q�W� �W�R� �V�H�F�W�L�R�Q� ����������� �D�Q�G� �G�R�H�V� �Q�R�W� �L�Q�F�O�X�G�H� �D��
�O�L�P�L�W�H�G��F�R�P�P�X�Q�L�W�\��U�H�G�H�Y�H�O�R�S�P�H�Q�W��D�X�W�K�R�U�L�W�\���
�/�%���
����
�/�%���
����
��� ���	�	���	� �%�O�L�J�K�W�H�G� �D�U�H�D� �P�H�D�Q�V� �D�Q� �D�U�H�D� ��D�� �Z�K�L�F�K�� �E�\� �U�H�D�V�R�Q� �R�I� �W�K�H�
�S�U�H�V�H�Q�F�H� �R�I� �D� �V�X�E�V�W�D�Q�W�L�D�O� �Q�X�P�E�H�U� �R�I� �G�H�W�H�U�L�R�U�D�W�H�G� �R�U� �G�H�W�H�U�L�R�U�D�W�L�Q�J�
�V�W�U�X�F�W�X�U�H�V�� �H�[�L�V�W�H�Q�F�H� �R�I� �G�H�I�H�F�W�L�Y�H� �R�U� �L�Q�D�G�H�T�X�D�W�H� �V�W�U�H�H�W� �O�D�\�R�X�W�� �I�D�X�O�W�\�
�O�R�W� �O�D�\�R�X�W� �L�Q� �U�H�O�D�W�L�R�Q� �W�R� �V�L�]�H�� �D�G�H�T�X�D�F�\�� �D�F�F�H�V�V�L�E�L�O�L�W�\�� �R�U� �X�V�H�I�X�O�Q�H�V�V��
�L�Q�V�D�Q�L�W�D�U�\� �R�U� �X�Q�V�D�I�H� �F�R�Q�G�L�W�L�R�Q�V�� �G�H�W�H�U�L�R�U�D�W�L�R�Q� �R�I� �V�L�W�H� �R�U� �R�W�K�H�U�
�L�P�S�U�R�Y�H�P�H�Q�W�V�� �G�L�Y�H�U�V�L�W�\� �R�I� �R�Z�Q�H�U�V�K�L�S�� �W�D�[� �R�U� �V�S�H�F�L�D�O� �D�V�V�H�V�V�P�H�Q�W�
�G�H�O�L�Q�T�X�H�Q�F�\� �H�[�F�H�H�G�L�Q�J� �W�K�H� �I�D�L�U� �Y�D�O�X�H� �R�I� �W�K�H� �O�D�Q�G�� �G�H�I�H�F�W�L�Y�H� �R�U� �X�Q�X�V�X�D�O�
�F�R�Q�G�L�W�L�R�Q�V��R�I��W�L�W�O�H���L�P�S�U�R�S�H�U��V�X�E�G�L�Y�L�V�L�R�Q	��	�R�U��R�E�V�R�O�H�W�H	� �R�U��Q�R��S�O�D�W�W�L�Q�J���R�U�
�W�K�H� �H�[�L�V�W�H�Q�F�H� �R�I� �F�R�Q�G�L�W�L�R�Q�V� �Z�K�L�F�K� �H�Q�G�D�Q�J�H�U� �O�L�I�H� �R�U� �S�U�R�S�H�U�W�\� �E�\� �I�L�U�H� �D�Q�G�
�R�W�K�H�U� �F�D�X�V�H�V�� �R�U� �D�Q�\� �F�R�P�E�L�Q�D�W�L�R�Q� �R�I� �V�X�F�K� �I�D�F�W�R�U�V�� �V�X�E�V�W�D�Q�W�L�D�O�O�\� �L�P�S�D�L�U�V��
�R�U� �D�U�U�H�V�W�V� �W�K�H� �V�R�X�Q�G� �J�U�R�Z�W�K� �R�I� �W�K�H� �F�R�P�P�X�Q�L�W�\�� �U�H�W�D�U�G�V� �W�K�H� �S�U�R�Y�L�V�L�R�Q� �R�I��
�K�R�X�V�L�Q�J� �D�F�F�R�P�P�R�G�D�W�L�R�Q�V�� �R�U� �F�R�Q�V�W�L�W�X�W�H�V� �D�Q� �H�F�R�Q�R�P�L�F� �R�U� �V�R�F�L�D�O� �O�L�D�E�L�O�L�W�\��
�D�Q�G� �L�V� �G�H�W�U�L�P�H�Q�W�D�O� �W�R� �W�K�H� �S�X�E�O�L�F� �K�H�D�O�W�K�� �V�D�I�H�W�\�� �P�R�U�D�O�V�� �R�U� �Z�H�O�I�D�U�H� �L�Q��
�L�W�V� �S�U�H�V�H�Q�W� �F�R�Q�G�L�W�L�R�Q� �D�Q�G� �X�V�H� �D�Q�G� ��E�� �L�Q� �Z�K�L�F�K� �W�K�H�U�H� �L�V� �D�W� �O�H�D�V�W� �R�Q�H� �R�I��
�W�K�H� �I�R�O�O�R�Z�L�Q�J� �F�R�Q�G�L�W�L�R�Q�V�� ��L�� �8�Q�H�P�S�O�R�\�P�H�Q�W� �L�Q� �W�K�H� �G�H�V�L�J�Q�D�W�H�G� �D�U�H�D� �L�V� �D�W��
�O�H�D�V�W� �R�Q�H� �K�X�Q�G�U�H�G� �W�Z�H�Q�W�\� �S�H�U�F�H�Q�W� �R�I� �W�K�H� �V�W�D�W�H� �R�U� �Q�D�W�L�R�Q�D�O� �D�Y�H�U�D�J�H�� ��L�L���
�W�K�H� �D�Y�H�U�D�J�H� �D�J�H� �R�I� �W�K�H� �U�H�V�L�G�H�Q�W�L�D�O� �R�U� �F�R�P�P�H�U�F�L�D�O� �X�Q�L�W�V� �L�Q� �W�K�H� �D�U�H�D� �L�V� �D�W��
�O�H�D�V�W� �I�R�U�W�\� �\�H�D�U�V�� ��L�L�L�� �P�R�U�H� �W�K�D�Q� �K�D�O�I� �R�I� �W�K�H� �S�O�R�W�W�H�G� �D�Q�G� �V�X�E�G�L�Y�L�G�H�G��
�S�U�R�S�H�U�W�\� �L�Q� �D�Q� �D�U�H�D� �L�V� �X�Q�L�P�S�U�R�Y�H�G� �O�D�Q�G� �W�K�D�W� �K�D�V� �E�H�H�Q� �Z�L�W�K�L�Q� �W�K�H� �F�L�W�\� �I�R�U��
�I�R�U�W�\� �\�H�D�U�V� �D�Q�G� �K�D�V� �U�H�P�D�L�Q�H�G� �X�Q�L�P�S�U�R�Y�H�G� �G�X�U�L�Q�J� �W�K�D�W� �W�L�P�H�� ��L�Y�� �W�K�H� �S�H�U��
�F�D�S�L�W�D� �L�Q�F�R�P�H� �R�I� �W�K�H� �D�U�H�D� �L�V� �O�R�Z�H�U� �W�K�D�Q� �W�K�H� �D�Y�H�U�D�J�H� �S�H�U� �F�D�S�L�W�D� �L�Q�F�R�P�H� �R�I��
�W�K�H� �F�L�W�\� �R�U� �Y�L�O�O�D�J�H� �L�Q� �Z�K�L�F�K� �W�K�H� �D�U�H�D� �L�V� �G�H�V�L�J�Q�D�W�H�G��	�R�U	� ��Y�� �W�K�H� �D�U�H�D� �K�D�V��
�K�D�G� �H�L�W�K�H�U� �V�W�D�E�O�H� �R�U� �G�H�F�U�H�D�V�L�Q�J� �S�R�S�X�O�D�W�L�R�Q� �E�D�V�H�G� �R�Q� �W�K�H� �O�D�V�W� �W�Z�R��
�G�H�F�H�Q�Q�L�D�O� �F�H�Q�V�X�V�H�V	�� �R�U� ��Y�L�� �O�H�V�V� �W�K�D�Q� �W�Z�H�Q�W�\� �S�H�U�F�H�Q�W� �R�I� �W�K�H� �K�R�X�V�L�Q�J� �L�Q��
�W�K�H� �D�U�H�D� �L�V� �D�I�I�R�U�G�D�E�O�H� �K�R�X�V�L�Q�J�� �,�Q� �Q�R� �H�Y�H�Q�W� �V�K�D�O�O� �D� �F�L�W�\� �R�I� �W�K�H��
�P�H�W�U�R�S�R�O�L�W�D�Q�� �S�U�L�P�D�U�\�� �R�U� �I�L�U�V�W� �F�O�D�V�V� �G�H�V�L�J�Q�D�W�H� �P�R�U�H� �W�K�D�Q� �W�K�L�U�W�\��I�L�Y�H��
�S�H�U�F�H�Q�W� �R�I� �W�K�H� �F�L�W�\� �D�V� �E�O�L�J�K�W�H�G�� �D� �F�L�W�\� �R�I� �W�K�H� �V�H�F�R�Q�G� �F�O�D�V�V� �V�K�D�O�O� �Q�R�W��
�G�H�V�L�J�Q�D�W�H� �D�Q� �D�U�H�D� �O�D�U�J�H�U� �W�K�D�Q� �I�L�I�W�\� �S�H�U�F�H�Q�W� �R�I� �W�K�H� �F�L�W�\� �D�V� �E�O�L�J�K�W�H�G�� �D�Q�G��
�D� �Y�L�O�O�D�J�H� �V�K�D�O�O� �Q�R�W� �G�H�V�L�J�Q�D�W�H� �D�Q� �D�U�H�D� �O�D�U�J�H�U� �W�K�D�Q� �R�Q�H� �K�X�Q�G�U�H�G� �S�H�U�F�H�Q�W� �R�I��
�W�K�H� �Y�L�O�O�D�J�H� �D�V� �E�O�L�J�K�W�H�G�� �$� �U�H�G�H�Y�H�O�R�S�P�H�Q�W� �S�U�R�M�H�F�W� �L�Q�Y�R�O�Y�L�Q�J� �D� �I�R�U�P�H�U�O�\��
�X�V�H�G� �G�H�I�H�Q�V�H� �V�L�W�H� �D�V� �D�X�W�K�R�U�L�]�H�G� �X�Q�G�H�U� �V�H�F�W�L�R�Q� ������������ �D�Q�\� �D�U�H�D� �Z�K�L�F�K��
�/�%���
����
�/�%���
����
��� �L�V� �O�R�F�D�W�H�G� �Z�L�W�K�L�Q� �D� �J�R�R�G� �O�L�I�H� �G�L�V�W�U�L�F�W� �H�V�W�D�E�O�L�V�K�H�G� �X�Q�G�H�U� �W�K�H� �*�R�R�G� �/�L�I�H�
�7�U�D�Q�V�I�R�U�P�D�W�L�R�Q�D�O� �3�U�R�M�H�F�W�V� �$�F�W�� �D�Q�G� �D�Q�\� �D�U�H�D� �G�H�F�O�D�U�H�G� �W�R� �E�H� �D�Q� �H�[�W�U�H�P�H�O�\�
�E�O�L�J�K�W�H�G� �D�U�H�D� �X�Q�G�H�U� �V�H�F�W�L�R�Q� ����������� �V�K�D�O�O� �Q�R�W� �F�R�X�Q�W� �W�R�Z�D�U�G�V� �W�K�H�
�S�H�U�F�H�Q�W�D�J�H��O�L�P�L�W�D�W�L�R�Q�V��F�R�Q�W�D�L�Q�H�G��L�Q��W�K�L�V��V�X�E�G�L�Y�L�V�L�R�Q��
���	�	���	� �%�R�Q�G�V� �P�H�D�Q�V� �D�Q�\� �E�R�Q�G�V�� �L�Q�F�O�X�G�L�Q�J� �U�H�I�X�Q�G�L�Q�J� �E�R�Q�G�V�� �Q�R�W�H�V��
�L�Q�W�H�U�L�P� �F�H�U�W�L�I�L�F�D�W�H�V�� �G�H�E�H�Q�W�X�U�H�V�� �R�U� �R�W�K�H�U� �R�E�O�L�J�D�W�L�R�Q�V� �L�V�V�X�H�G� �S�X�U�V�X�D�Q�W� �W�R�
�W�K�H��&�R�P�P�X�Q�L�W�\��'�H�Y�H�O�R�S�P�H�Q�W��/�D�Z��H�[�F�H�S�W��I�R�U��E�R�Q�G�V��L�V�V�X�H�G��S�X�U�V�X�D�Q�W��W�R��V�H�F�W�L�R�Q�
������������
���	� ���	� �%�X�V�L�Q�H�V�V� �P�H�D�Q�V� �D�Q�\� �S�U�L�Y�D�W�H� �E�X�V�L�Q�H�V�V� �O�R�F�D�W�H�G� �L�Q� �D�Q� �H�Q�K�D�Q�F�H�G�
�H�P�S�O�R�\�P�H�Q�W��D�U�H�D���
����	�����&�L�W�\��P�H�D�Q�V��D�Q�\��F�L�W�\��R�U��L�Q�F�R�U�S�R�U�D�W�H�G��Y�L�O�O�D�J�H��L�Q��W�K�H��V�W�D�W�H���
����	�����&�O�H�U�N��P�H�D�Q�V��W�K�H��F�O�H�U�N��R�I��W�K�H��F�L�W�\��R�U��Y�L�O�O�D�J�H���
���	�	���	� �&�R�P�P�X�Q�L�W�\� �U�H�G�H�Y�H�O�R�S�P�H�Q�W� �D�U�H�D� �P�H�D�Q�V� �D� �V�X�E�V�W�D�Q�G�D�U�G� �D�Q�G��
�E�O�L�J�K�W�H�G� �D�U�H�D� �Z�K�L�F�K� �W�K�H� �F�R�P�P�X�Q�L�W�\� �U�H�G�H�Y�H�O�R�S�P�H�Q�W� �D�X�W�K�R�U�L�W�\� �G�H�V�L�J�Q�D�W�H�V� �D�V��
�D�S�S�U�R�S�U�L�D�W�H��I�R�U��D��U�H�G�H�Y�H�O�R�S�P�H�Q�W��S�U�R�M�H�F�W���
����	� ���	� �(�P�S�O�R�\�H�H� �P�H�D�Q�V� �D� �S�H�U�V�R�Q� �H�P�S�O�R�\�H�G� �D�W� �D� �E�X�V�L�Q�H�V�V� �D�V� �D� �U�H�V�X�O�W��
�R�I��D��U�H�G�H�Y�H�O�R�S�P�H�Q�W��S�U�R�M�H�F�W���
����	� ����	� �(�P�S�O�R�\�H�U��S�U�R�Y�L�G�H�G� �K�H�D�O�W�K� �E�H�Q�H�I�L�W� �P�H�D�Q�V� �D�Q�\� �L�W�H�P� �S�D�L�G� �I�R�U��
�E�\� �W�K�H� �H�P�S�O�R�\�H�U� �L�Q� �W�R�W�D�O� �R�U� �L�Q� �S�D�U�W� �W�K�D�W� �D�L�G�V� �L�Q� �W�K�H� �F�R�V�W� �R�I� �K�H�D�O�W�K� �F�D�U�H��
�V�H�U�Y�L�F�H�V�� �L�Q�F�O�X�G�L�Q�J�� �E�X�W� �Q�R�W� �O�L�P�L�W�H�G� �W�R�� �K�H�D�O�W�K� �L�Q�V�X�U�D�Q�F�H�� �K�H�D�O�W�K� �V�D�Y�L�Q�J�V��
�D�F�F�R�X�Q�W�V���D�Q�G��H�P�S�O�R�\�H�U��U�H�L�P�E�X�U�V�H�P�H�Q�W��R�I��K�H�D�O�W�K��F�D�U�H��F�R�V�W�V���
����	� ����	� �(�Q�K�D�Q�F�H�G� �H�P�S�O�R�\�P�H�Q�W� �D�U�H�D� �P�H�D�Q�V� �D�Q� �D�U�H�D� �Q�R�W� �H�[�F�H�H�G�L�Q�J� �V�L�[��
�K�X�Q�G�U�H�G� �D�F�U�H�V� ��D�� �Z�L�W�K�L�Q� �D� �F�R�P�P�X�Q�L�W�\� �U�H�G�H�Y�H�O�R�S�P�H�Q�W� �D�U�H�D� �Z�K�L�F�K� �L�V��
�G�H�V�L�J�Q�D�W�H�G� �E�\� �D�Q� �D�X�W�K�R�U�L�W�\� �D�V� �H�O�L�J�L�E�O�H� �I�R�U� �W�K�H� �L�P�S�R�V�L�W�L�R�Q� �R�I� �D�Q��
�R�F�F�X�S�D�W�L�R�Q��W�D�[��R�U���E���Q�R�W��Z�L�W�K�L�Q��D��F�R�P�P�X�Q�L�W�\��U�H�G�H�Y�H�O�R�S�P�H�Q�W��D�U�H�D��D�V��P�D�\��E�H��
�G�H�V�L�J�Q�D�W�H�G��X�Q�G�H�U��V�H�F�W�L�R�Q��������������
����	�	����	� �(�T�X�L�Y�D�O�H�Q�W� �H�P�S�O�R�\�H�H�V� �P�H�D�Q�V� �W�K�H� �Q�X�P�E�H�U� �R�I� �H�P�S�O�R�\�H�H�V��
�F�R�P�S�X�W�H�G� �E�\� ��D�� �G�L�Y�L�G�L�Q�J� �W�K�H� �W�R�W�D�O� �K�R�X�U�V� �W�R� �E�H� �S�D�L�G� �L�Q� �D� �\�H�D�U� �E�\� ��E�� �W�K�H��
�S�U�R�G�X�F�W��R�I��I�R�U�W�\��W�L�P�H�V��W�K�H��Q�X�P�E�H�U��R�I��Z�H�H�N�V��L�Q��D��\�H�D�U���
����	� ����	� �(�[�W�U�H�P�H�O�\� �E�O�L�J�K�W�H�G� �D�U�H�D� �P�H�D�Q�V� �D� �V�X�E�V�W�D�Q�G�D�U�G� �D�Q�G� �E�O�L�J�K�W�H�G��
�D�U�H�D� �L�Q� �Z�K�L�F�K�� ��D�� �7�K�H� �D�Y�H�U�D�J�H� �U�D�W�H� �R�I� �X�Q�H�P�S�O�R�\�P�H�Q�W� �L�Q� �W�K�H� �D�U�H�D� �G�X�U�L�Q�J��
�/�%���
����
�/�%���
����
��� �W�K�H� �S�H�U�L�R�G� �F�R�Y�H�U�H�G� �E�\� �W�K�H� �P�R�V�W� �U�H�F�H�Q�W� �I�H�G�H�U�D�O� �G�H�F�H�Q�Q�L�D�O� �F�H�Q�V�X�V� �R�U�
�$�P�H�U�L�F�D�Q��&�R�P�P�X�Q�L�W�\��6�X�U�Y�H�\����<�H�D�U��(�V�W�L�P�D�W�H��L�V��D�W��O�H�D�V�W��W�Z�R��K�X�Q�G�U�H�G��S�H�U�F�H�Q�W�
�R�I� �W�K�H� �D�Y�H�U�D�J�H� �U�D�W�H� �R�I� �X�Q�H�P�S�O�R�\�P�H�Q�W� �L�Q� �W�K�H� �V�W�D�W�H� �G�X�U�L�Q�J� �W�K�H� �V�D�P�H� �S�H�U�L�R�G��
�D�Q�G� ��E�� �W�K�H� �D�Y�H�U�D�J�H� �S�R�Y�H�U�W�\� �U�D�W�H� �L�Q� �W�K�H� �D�U�H�D� �H�[�F�H�H�G�V� �W�Z�H�Q�W�\� �S�H�U�F�H�Q�W� �I�R�U�
�W�K�H��W�R�W�D�O��I�H�G�H�U�D�O��F�H�Q�V�X�V��W�U�D�F�W��R�U��W�U�D�F�W�V��R�U��I�H�G�H�U�D�O��F�H�Q�V�X�V��E�O�R�F�N��J�U�R�X�S��R�U�
�E�O�R�F�N��J�U�R�X�S�V��L�Q��W�K�H��D�U�H�D��
����	� ����	� �)�H�G�H�U�D�O� �J�R�Y�H�U�Q�P�H�Q�W� �P�H�D�Q�V� �W�K�H� �8�Q�L�W�H�G� �6�W�D�W�H�V� �R�I� �$�P�H�U�L�F�D�� �R�U�
�D�Q�\� �D�J�H�Q�F�\� �R�U� �L�Q�V�W�U�X�P�H�Q�W�D�O�L�W�\�� �F�R�U�S�R�U�D�W�H� �R�U� �R�W�K�H�U�Z�L�V�H�� �R�I� �W�K�H� �8�Q�L�W�H�G�
�6�W�D�W�H�V��R�I��$�P�H�U�L�F�D��
����	�	����	� �*�R�Y�H�U�Q�L�Q�J� �E�R�G�\� �R�U� �O�R�F�D�O� �J�R�Y�H�U�Q�L�Q�J� �E�R�G�\� �P�H�D�Q�V� �W�K�H� �F�L�W�\��
�F�R�X�Q�F�L�O�� �E�R�D�U�G� �R�I� �W�U�X�V�W�H�H�V�� �R�U� �R�W�K�H�U� �O�H�J�L�V�O�D�W�L�Y�H� �E�R�G�\� �F�K�D�U�J�H�G� �Z�L�W�K��
�J�R�Y�H�U�Q�L�Q�J��W�K�H��P�X�Q�L�F�L�S�D�O�L�W�\���
����	�	����	� �/�L�P�L�W�H�G� �F�R�P�P�X�Q�L�W�\� �U�H�G�H�Y�H�O�R�S�P�H�Q�W� �D�X�W�K�R�U�L�W�\� �P�H�D�Q�V� �D��
�F�R�P�P�X�Q�L�W�\� �U�H�G�H�Y�H�O�R�S�P�H�Q�W� �D�X�W�K�R�U�L�W�\� �F�U�H�D�W�H�G� �S�X�U�V�X�D�Q�W� �W�R� �V�H�F�W�L�R�Q� ������������
�K�D�Y�L�Q�J��R�Q�O�\��R�Q�H��V�L�Q�J�O�H��V�S�H�F�L�I�L�F��O�L�P�L�W�H�G��S�L�O�R�W��S�U�R�M�H�F�W��D�X�W�K�R�U�L�]�H�G���
����	� ����	� �0�D�\�R�U� �P�H�D�Q�V� �W�K�H� �P�D�\�R�U� �R�I� �W�K�H� �F�L�W�\� �R�U� �F�K�D�L�U�S�H�U�V�R�Q� �R�I� �W�K�H��
�E�R�D�U�G��R�I��W�U�X�V�W�H�H�V��R�I��W�K�H��Y�L�O�O�D�J�H���
����	�	����	� �1�H�Z� �L�Q�Y�H�V�W�P�H�Q�W� �P�H�D�Q�V� �W�K�H� �Y�D�O�X�H� �R�I� �L�P�S�U�R�Y�H�P�H�Q�W�V� �W�R� �U�H�D�O��
�H�V�W�D�W�H��P�D�G�H��L�Q��D�Q��H�Q�K�D�Q�F�H�G��H�P�S�O�R�\�P�H�Q�W��D�U�H�D��E�\��D��G�H�Y�H�O�R�S�H�U��R�U��D��E�X�V�L�Q�H�V�V���
����	�	����	� �1�X�P�E�H�U� �R�I� �Q�H�Z� �H�P�S�O�R�\�H�H�V� �P�H�D�Q�V� �W�K�H� �Q�X�P�E�H�U� �R�I� �H�T�X�L�Y�D�O�H�Q�W��
�H�P�S�O�R�\�H�H�V� �W�K�D�W� �D�U�H� �H�P�S�O�R�\�H�G� �D�W� �D� �E�X�V�L�Q�H�V�V� �D�V� �D� �U�H�V�X�O�W� �R�I� �W�K�H��
�U�H�G�H�Y�H�O�R�S�P�H�Q�W� �S�U�R�M�H�F�W� �G�X�U�L�Q�J� �D� �\�H�D�U� �W�K�D�W� �D�U�H� �L�Q� �H�[�F�H�V�V� �R�I� �W�K�H� �Q�X�P�E�H�U� �R�I��
�H�T�X�L�Y�D�O�H�Q�W��H�P�S�O�R�\�H�H�V��G�X�U�L�Q�J��W�K�H��\�H�D�U��L�P�P�H�G�L�D�W�H�O�\��S�U�L�R�U��W�R��W�K�H��\�H�D�U��W�K�D�W��D��
�U�H�G�H�Y�H�O�R�S�P�H�Q�W��S�O�D�Q��L�V��D�G�R�S�W�H�G���
����	�	����	� �2�E�O�L�J�H�H� �P�H�D�Q�V� �D�Q�\� �E�R�Q�G�K�R�O�G�H�U�� �D�J�H�Q�W�� �R�U� �W�U�X�V�W�H�H� �I�R�U� �D�Q�\��
�E�R�Q�G�K�R�O�G�H�U�� �R�U� �O�H�V�V�R�U� �G�H�P�L�V�L�Q�J� �W�R� �D�Q�\� �D�X�W�K�R�U�L�W�\�� �H�V�W�D�E�O�L�V�K�H�G� �S�X�U�V�X�D�Q�W� �W�R��
�V�H�F�W�L�R�Q� ������������ �S�U�R�S�H�U�W�\� �X�V�H�G� �L�Q� �F�R�Q�Q�H�F�W�L�R�Q� �Z�L�W�K� �D� �U�H�G�H�Y�H�O�R�S�P�H�Q�W��
�S�U�R�M�H�F�W�� �R�U� �D�Q�\� �D�V�V�L�J�Q�H�H� �R�U� �D�V�V�L�J�Q�H�H�V� �R�I� �V�X�F�K� �O�H�V�V�R�U��V� �L�Q�W�H�U�H�V�W� �R�U� �D�Q�\��
�S�D�U�W� �W�K�H�U�H�R�I�� �D�Q�G� �W�K�H� �I�H�G�H�U�D�O� �J�R�Y�H�U�Q�P�H�Q�W� �Z�K�H�Q� �L�W� �L�V� �D� �S�D�U�W�\� �W�R� �D�Q�\��
�F�R�Q�W�U�D�F�W��Z�L�W�K��V�X�F�K��D�X�W�K�R�U�L�W�\���
����	�	����	� �2�F�F�X�S�D�W�L�R�Q� �W�D�[� �P�H�D�Q�V� �D� �W�D�[� �L�P�S�R�V�H�G� �X�Q�G�H�U� �V�H�F�W�L�R�Q��
�/�%���
����
�/�%���
����
��� ������������
����	�	����	� �3�H�U�V�R�Q� �P�H�D�Q�V� �D�Q�\� �L�Q�G�L�Y�L�G�X�D�O�� �I�L�U�P�� �S�D�U�W�Q�H�U�V�K�L�S�� �O�L�P�L�W�H�G�
�O�L�D�E�L�O�L�W�\� �F�R�P�S�D�Q�\�� �F�R�U�S�R�U�D�W�L�R�Q�� �F�R�P�S�D�Q�\�� �D�V�V�R�F�L�D�W�L�R�Q�� �M�R�L�Q�W��V�W�R�F�N�
�D�V�V�R�F�L�D�W�L�R�Q�� �R�U� �E�R�G�\� �S�R�O�L�W�L�F� �D�Q�G� �L�Q�F�O�X�G�H�V� �D�Q�\� �W�U�X�V�W�H�H�� �U�H�F�H�L�Y�H�U��
�D�V�V�L�J�Q�H�H���R�U��R�W�K�H�U��V�L�P�L�O�D�U��U�H�S�U�H�V�H�Q�W�D�W�L�Y�H��W�K�H�U�H�R�I��
����	� ����	� �3�X�E�O�L�F� �E�R�G�\� �P�H�D�Q�V� �W�K�H� �V�W�D�W�H� �R�U� �D�Q�\� �P�X�Q�L�F�L�S�D�O�L�W�\�� �F�R�X�Q�W�\��
�W�R�Z�Q�V�K�L�S�� �E�R�D�U�G�� �F�R�P�P�L�V�V�L�R�Q�� �D�X�W�K�R�U�L�W�\�� �G�L�V�W�U�L�F�W�� �R�U� �R�W�K�H�U� �S�R�O�L�W�L�F�D�O�
�V�X�E�G�L�Y�L�V�L�R�Q��R�U��S�X�E�O�L�F��E�R�G�\��R�I��W�K�H��V�W�D�W�H��
����	� ����	� �5�H�D�O� �S�U�R�S�H�U�W�\� �P�H�D�Q�V� �D�O�O� �O�D�Q�G�V�� �L�Q�F�O�X�G�L�Q�J� �L�P�S�U�R�Y�H�P�H�Q�W�V� �D�Q�G�
�I�L�[�W�X�U�H�V��W�K�H�U�H�R�Q���D�Q�G��S�U�R�S�H�U�W�\��R�I��D�Q�\��Q�D�W�X�U�H��D�S�S�X�U�W�H�Q�D�Q�W��W�K�H�U�H�W�R���R�U��X�V�H�G��
�L�Q� �F�R�Q�Q�H�F�W�L�R�Q� �W�K�H�U�H�Z�L�W�K�� �D�Q�G� �H�Y�H�U�\� �H�V�W�D�W�H�� �L�Q�W�H�U�H�V�W� �D�Q�G� �U�L�J�K�W�� �O�H�J�D�O� �R�U��
�H�T�X�L�W�D�E�O�H�� �W�K�H�U�H�L�Q�� �L�Q�F�O�X�G�L�Q�J� �W�H�U�P�V� �I�R�U� �\�H�D�U�V� �D�Q�G� �O�L�H�Q�V� �E�\� �Z�D�\� �R�I��
�M�X�G�J�P�H�Q�W�� �P�R�U�W�J�D�J�H�� �R�U� �R�W�K�H�U�Z�L�V�H�� �D�Q�G� �W�K�H� �L�Q�G�H�E�W�H�G�Q�H�V�V� �V�H�F�X�U�H�G� �E�\� �V�X�F�K��
�O�L�H�Q�V���
����	�	����	� �5�H�G�H�Y�H�O�R�S�H�U� �P�H�D�Q�V� �D�Q�\� �S�H�U�V�R�Q�� �S�D�U�W�Q�H�U�V�K�L�S�� �R�U� �S�X�E�O�L�F� �R�U��
�S�U�L�Y�D�W�H� �F�R�U�S�R�U�D�W�L�R�Q� �R�U� �D�J�H�Q�F�\� �Z�K�L�F�K� �H�Q�W�H�U�V� �R�U� �S�U�R�S�R�V�H�V� �W�R� �H�Q�W�H�U� �L�Q�W�R� �D��
�U�H�G�H�Y�H�O�R�S�P�H�Q�W��F�R�Q�W�U�D�F�W���
����	�	����	� �5�H�G�H�Y�H�O�R�S�P�H�Q�W� �F�R�Q�W�U�D�F�W� �P�H�D�Q�V� �D� �F�R�Q�W�U�D�F�W� �H�Q�W�H�U�H�G� �L�Q�W�R��
�E�H�W�Z�H�H�Q� �D�Q� �D�X�W�K�R�U�L�W�\� �D�Q�G� �D� �U�H�G�H�Y�H�O�R�S�H�U� �I�R�U� �W�K�H� �U�H�G�H�Y�H�O�R�S�P�H�Q�W� �R�I� �D�Q� �D�U�H�D��
�L�Q��F�R�Q�I�R�U�P�L�W�\��Z�L�W�K��D��U�H�G�H�Y�H�O�R�S�P�H�Q�W��S�O�D�Q���
�����	�����	�5�H�G�H�Y�H�O�R�S�P�H�Q�W� �S�O�D�Q� �P�H�D�Q�V� �D� �S�O�D�Q�� �D�V� �L�W� �H�[�L�V�W�V� �I�U�R�P� �W�L�P�H� �W�R��
�W�L�P�H� �I�R�U� �R�Q�H� �R�U� �P�R�U�H� �F�R�P�P�X�Q�L�W�\� �U�H�G�H�Y�H�O�R�S�P�H�Q�W� �D�U�H�D�V�� �R�U� �I�R�U� �D��
�U�H�G�H�Y�H�O�R�S�P�H�Q�W� �S�U�R�M�H�F�W�� �Z�K�L�F�K� ��D�� �F�R�Q�I�R�U�P�V� �W�R� �W�K�H� �J�H�Q�H�U�D�O� �S�O�D�Q� �I�R�U� �W�K�H��
�P�X�Q�L�F�L�S�D�O�L�W�\��D�V��D��Z�K�R�O�H��D�Q�G���E���L�V��V�X�I�I�L�F�L�H�Q�W�O�\��F�R�P�S�O�H�W�H��W�R��L�Q�G�L�F�D�W�H��V�X�F�K��
�O�D�Q�G� �D�F�T�X�L�V�L�W�L�R�Q�� �G�H�P�R�O�L�W�L�R�Q� �D�Q�G� �U�H�P�R�Y�D�O� �R�I� �V�W�U�X�F�W�X�U�H�V�� �U�H�G�H�Y�H�O�R�S�P�H�Q�W���
�L�P�S�U�R�Y�H�P�H�Q�W�V�� �D�Q�G� �U�H�K�D�E�L�O�L�W�D�W�L�R�Q� �D�V� �P�D�\� �E�H� �S�U�R�S�R�V�H�G� �W�R� �E�H� �F�D�U�U�L�H�G� �R�X�W� �L�Q��
�W�K�H� �F�R�P�P�X�Q�L�W�\� �U�H�G�H�Y�H�O�R�S�P�H�Q�W� �D�U�H�D�� �]�R�Q�L�Q�J� �D�Q�G� �S�O�D�Q�Q�L�Q�J� �F�K�D�Q�J�H�V�� �L�I� �D�Q�\���
�O�D�Q�G��X�V�H�V���P�D�[�L�P�X�P��G�H�Q�V�L�W�L�H�V���D�Q�G��E�X�L�O�G�L�Q�J��U�H�T�X�L�U�H�P�H�Q�W�V���
�����	�����	�5�H�G�H�Y�H�O�R�S�P�H�Q�W� �S�U�R�M�H�F�W� �P�H�D�Q�V� �D�Q�\� �Z�R�U�N� �R�U� �X�Q�G�H�U�W�D�N�L�Q�J� �L�Q� �R�Q�H��
�R�U� �P�R�U�H� �F�R�P�P�X�Q�L�W�\� �U�H�G�H�Y�H�O�R�S�P�H�Q�W� �D�U�H�D�V�� ��D�� �7�R� �D�F�T�X�L�U�H� �V�X�E�V�W�D�Q�G�D�U�G� �D�Q�G��
�E�O�L�J�K�W�H�G� �D�U�H�D�V� �R�U� �S�R�U�W�L�R�Q�V� �W�K�H�U�H�R�I�� �L�Q�F�O�X�G�L�Q�J� �O�D�Q�G�V�� �V�W�U�X�F�W�X�U�H�V�� �R�U��
�/�%���
����
�/�%���
����
��� �L�P�S�U�R�Y�H�P�H�Q�W�V� �W�K�H� �D�F�T�X�L�V�L�W�L�R�Q� �R�I� �Z�K�L�F�K� �L�V� �Q�H�F�H�V�V�D�U�\� �R�U� �L�Q�F�L�G�H�Q�W�D�O� �W�R� �W�K�H�
�S�U�R�S�H�U� �F�O�H�D�U�D�Q�F�H�� �G�H�Y�H�O�R�S�P�H�Q�W�� �R�U� �U�H�G�H�Y�H�O�R�S�P�H�Q�W� �R�I� �V�X�F�K� �V�X�E�V�W�D�Q�G�D�U�G� �D�Q�G�
�E�O�L�J�K�W�H�G� �D�U�H�D�V�� ��E�� �W�R� �F�O�H�D�U� �D�Q�\� �V�X�F�K� �D�U�H�D�V� �E�\� �G�H�P�R�O�L�W�L�R�Q� �R�U� �U�H�P�R�Y�D�O� �R�I�
�H�[�L�V�W�L�Q�J� �E�X�L�O�G�L�Q�J�V�� �V�W�U�X�F�W�X�U�H�V�� �V�W�U�H�H�W�V�� �X�W�L�O�L�W�L�H�V�� �R�U� �R�W�K�H�U� �L�P�S�U�R�Y�H�P�H�Q�W�V�
�W�K�H�U�H�R�Q� �D�Q�G� �W�R� �L�Q�V�W�D�O�O�� �F�R�Q�V�W�U�X�F�W�� �R�U� �U�H�F�R�Q�V�W�U�X�F�W� �V�W�U�H�H�W�V�� �X�W�L�O�L�W�L�H�V��
�S�D�U�N�V�� �S�O�D�\�J�U�R�X�Q�G�V�� �S�X�E�O�L�F� �V�S�D�F�H�V�� �S�X�E�O�L�F� �S�D�U�N�L�Q�J� �I�D�F�L�O�L�W�L�H�V�� �V�L�G�H�Z�D�O�N�V�
�R�U� �P�R�Y�L�Q�J� �V�L�G�H�Z�D�O�N�V�� �F�R�Q�Y�H�Q�W�L�R�Q� �D�Q�G� �F�L�Y�L�F� �F�H�Q�W�H�U�V�� �E�X�V� �V�W�R�S� �V�K�H�O�W�H�U�V��
�O�L�J�K�W�L�Q�J�� �E�H�Q�F�K�H�V� �R�U� �R�W�K�H�U� �V�L�P�L�O�D�U� �I�X�U�Q�L�W�X�U�H�� �W�U�D�V�K� �U�H�F�H�S�W�D�F�O�H�V��
�V�K�H�O�W�H�U�V�� �V�N�\�Z�D�O�N�V� �D�Q�G� �S�H�G�H�V�W�U�L�D�Q� �D�Q�G� �Y�H�K�L�F�X�O�D�U� �R�Y�H�U�S�D�V�V�H�V� �D�Q�G�
�X�Q�G�H�U�S�D�V�V�H�V�� �H�Q�K�D�Q�F�H�P�H�Q�W�V� �W�R� �V�W�U�X�F�W�X�U�H�V� �L�Q� �W�K�H� �U�H�G�H�Y�H�O�R�S�P�H�Q�W� �S�O�D�Q� �D�U�H�D��
�Z�K�L�F�K� �H�[�F�H�H�G� �P�L�Q�L�P�X�P� �E�X�L�O�G�L�Q�J� �D�Q�G� �G�H�V�L�J�Q� �V�W�D�Q�G�D�U�G�V� �L�Q� �W�K�H� �F�R�P�P�X�Q�L�W�\� �D�Q�G��
�S�U�H�Y�H�Q�W� �W�K�H� �U�H�F�X�U�U�H�Q�F�H� �R�I� �V�X�E�V�W�D�Q�G�D�U�G� �D�Q�G� �E�O�L�J�K�W�H�G� �F�R�Q�G�L�W�L�R�Q�V�� �D�Q�G� �D�Q�\��
�R�W�K�H�U� �Q�H�F�H�V�V�D�U�\� �S�X�E�O�L�F� �L�P�S�U�R�Y�H�P�H�Q�W�V� �H�V�V�H�Q�W�L�D�O� �W�R� �W�K�H� �S�U�H�S�D�U�D�W�L�R�Q� �R�I� �V�L�W�H�V��
�I�R�U� �X�V�H�V� �L�Q� �D�F�F�R�U�G�D�Q�F�H� �Z�L�W�K� �D� �U�H�G�H�Y�H�O�R�S�P�H�Q�W� �S�O�D�Q�� ��F�� �W�R� �V�H�O�O�� �O�H�D�V�H�� �R�U��
�R�W�K�H�U�Z�L�V�H� �P�D�N�H� �D�Y�D�L�O�D�E�O�H� �O�D�Q�G� �L�Q� �V�X�F�K� �D�U�H�D�V� �I�R�U� �U�H�V�L�G�H�Q�W�L�D�O���
�U�H�F�U�H�D�W�L�R�Q�D�O�� �F�R�P�P�H�U�F�L�D�O�� �L�Q�G�X�V�W�U�L�D�O�� �R�U� �R�W�K�H�U� �X�V�H�V�� �L�Q�F�O�X�G�L�Q�J� �S�D�U�N�L�Q�J� �R�U��
�R�W�K�H�U��I�D�F�L�O�L�W�L�H�V��I�X�Q�F�W�L�R�Q�D�O�O�\��U�H�O�D�W�H�G��R�U��V�X�E�R�U�G�L�Q�D�W�H��W�R��V�X�F�K��X�V�H�V���R�U��I�R�U��
�S�X�E�O�L�F� �X�V�H� �R�U� �W�R� �U�H�W�D�L�Q� �V�X�F�K� �O�D�Q�G� �I�R�U� �S�X�E�O�L�F� �X�V�H�� �L�Q� �D�F�F�R�U�G�D�Q�F�H� �Z�L�W�K� �D��
�U�H�G�H�Y�H�O�R�S�P�H�Q�W� �S�O�D�Q�� �D�Q�G� �P�D�\� �D�O�V�R� �L�Q�F�O�X�G�H� �W�K�H� �S�U�H�S�D�U�D�W�L�R�Q� �R�I� �W�K�H��
�U�H�G�H�Y�H�O�R�S�P�H�Q�W� �S�O�D�Q�� �W�K�H� �S�O�D�Q�Q�L�Q�J�� �V�X�U�Y�H�\�� �D�Q�G� �R�W�K�H�U� �Z�R�U�N� �L�Q�F�L�G�H�Q�W� �W�R� �D��
�U�H�G�H�Y�H�O�R�S�P�H�Q�W� �S�U�R�M�H�F�W� �D�Q�G� �W�K�H� �S�U�H�S�D�U�D�W�L�R�Q� �R�I� �D�O�O� �S�O�D�Q�V� �D�Q�G� �D�U�U�D�Q�J�H�P�H�Q�W�V��
�I�R�U� �F�D�U�U�\�L�Q�J� �R�X�W� �D� �U�H�G�H�Y�H�O�R�S�P�H�Q�W� �S�U�R�M�H�F�W�� ��G�� �W�R� �G�L�V�S�R�V�H� �R�I� �D�O�O� �U�H�D�O� �D�Q�G��
�S�H�U�V�R�Q�D�O� �S�U�R�S�H�U�W�\� �R�U� �D�Q�\� �L�Q�W�H�U�H�V�W� �L�Q� �V�X�F�K� �S�U�R�S�H�U�W�\�� �R�U� �D�V�V�H�W�V�� �F�D�V�K�� �R�U��
�R�W�K�H�U� �I�X�Q�G�V� �K�H�O�G� �R�U� �X�V�H�G� �L�Q� �F�R�Q�Q�H�F�W�L�R�Q� �Z�L�W�K� �U�H�V�L�G�H�Q�W�L�D�O�� �U�H�F�U�H�D�W�L�R�Q�D�O���
�F�R�P�P�H�U�F�L�D�O�� �L�Q�G�X�V�W�U�L�D�O�� �R�U� �R�W�K�H�U� �X�V�H�V�� �L�Q�F�O�X�G�L�Q�J� �S�D�U�N�L�Q�J� �R�U� �R�W�K�H�U��
�I�D�F�L�O�L�W�L�H�V� �I�X�Q�F�W�L�R�Q�D�O�O�\� �U�H�O�D�W�H�G� �R�U� �V�X�E�R�U�G�L�Q�D�W�H� �W�R� �V�X�F�K� �X�V�H�V�� �R�U� �D�Q�\��
�S�X�E�O�L�F��X�V�H��V�S�H�F�L�I�L�H�G��L�Q��D��U�H�G�H�Y�H�O�R�S�P�H�Q�W��S�O�D�Q��R�U��S�U�R�M�H�F�W���H�[�F�H�S�W��W�K�D�W��V�X�F�K��
�G�L�V�S�R�V�L�W�L�R�Q� �V�K�D�O�O� �E�H� �D�W� �L�W�V� �I�D�L�U� �Y�D�O�X�H� �I�R�U� �X�V�H�V� �L�Q� �D�F�F�R�U�G�D�Q�F�H� �Z�L�W�K� �W�K�H��
�U�H�G�H�Y�H�O�R�S�P�H�Q�W� �S�O�D�Q�� ��H�� �W�R� �D�F�T�X�L�U�H� �U�H�D�O� �S�U�R�S�H�U�W�\� �L�Q� �D� �F�R�P�P�X�Q�L�W�\��
�U�H�G�H�Y�H�O�R�S�P�H�Q�W��D�U�H�D��Z�K�L�F�K���X�Q�G�H�U��W�K�H��U�H�G�H�Y�H�O�R�S�P�H�Q�W��S�O�D�Q���L�V��W�R��E�H��U�H�S�D�L�U�H�G��
�R�U� �U�H�K�D�E�L�O�L�W�D�W�H�G� �I�R�U� �G�Z�H�O�O�L�Q�J� �X�V�H� �R�U� �U�H�O�D�W�H�G� �I�D�F�L�O�L�W�L�H�V�� �U�H�S�D�L�U� �R�U��
�/�%���
����
�/�%���
����
���� �U�H�K�D�E�L�O�L�W�D�W�H� �W�K�H� �V�W�U�X�F�W�X�U�H�V�� �D�Q�G� �U�H�V�H�O�O� �W�K�H� �S�U�R�S�H�U�W�\�� ��I�� �W�R� �F�D�U�U�\� �R�X�W�
�S�O�D�Q�V��I�R�U��D��S�U�R�J�U�D�P��R�I��Y�R�O�X�Q�W�D�U�\��R�U��F�R�P�S�X�O�V�R�U�\��U�H�S�D�L�U���U�H�K�D�E�L�O�L�W�D�W�L�R�Q���R�U�
�G�H�P�R�O�L�W�L�R�Q� �R�I� �E�X�L�O�G�L�Q�J�V� �L�Q� �D�F�F�R�U�G�D�Q�F�H� �Z�L�W�K� �W�K�H� �U�H�G�H�Y�H�O�R�S�P�H�Q�W� �S�O�D�Q�� �D�Q�G�
��J��	�L�Q� �D� �U�X�U�D�O� �F�R�P�P�X�Q�L�W�\� �R�U� �L�Q� �D�Q� �H�[�W�U�H�P�H�O�\� �E�O�L�J�K�W�H�G� �D�U�H�D� �Z�L�W�K�L�Q� �D�
�P�X�Q�L�F�L�S�D�O�L�W�\� �W�K�D�W� �L�V� �Q�R�W� �D� �U�X�U�D�O� �F�R�P�P�X�Q�L�W�\�	� �W�R� �F�D�U�U�\� �R�X�W� �F�R�Q�V�W�U�X�F�W�L�R�Q� �R�I�
�D�I�I�R�U�G�D�E�O�H�	�Z�R�U�N�I�R�U�F�H��K�R�X�V�L�Q�J��
����	�	����	� �5�H�G�H�Y�H�O�R�S�P�H�Q�W� �S�U�R�M�H�F�W� �Y�D�O�X�D�W�L�R�Q� �P�H�D�Q�V� �W�K�H� �Y�D�O�X�D�W�L�R�Q� �I�R�U�
�D�V�V�H�V�V�P�H�Q�W� �R�I� �W�K�H� �W�D�[�D�E�O�H� �U�H�D�O� �S�U�R�S�H�U�W�\� �L�Q� �D� �U�H�G�H�Y�H�O�R�S�P�H�Q�W� �S�U�R�M�H�F�W� �O�D�V�W�
�F�H�U�W�L�I�L�H�G� �I�R�U� �W�K�H� �\�H�D�U� �S�U�L�R�U� �W�R� �W�K�H� �H�I�I�H�F�W�L�Y�H� �G�D�W�H� �R�I� �W�K�H� �S�U�R�Y�L�V�L�R�Q�
�D�X�W�K�R�U�L�]�H�G��L�Q��V�H�F�W�L�R�Q�����������
����	� ����	� �5�X�U�D�O� �F�R�P�P�X�Q�L�W�\� �P�H�D�Q�V� �D�Q�\� �P�X�Q�L�F�L�S�D�O�L�W�\� �L�Q� �D� �F�R�X�Q�W�\� �Z�L�W�K� �D��
�S�R�S�X�O�D�W�L�R�Q� �R�I� �I�H�Z�H�U� �W�K�D�Q� �R�Q�H� �K�X�Q�G�U�H�G� �W�K�R�X�V�D�Q�G� �L�Q�K�D�E�L�W�D�Q�W�V� �D�V� �G�H�W�H�U�P�L�Q�H�G��
�E�\��W�K�H��P�R�V�W��U�H�F�H�Q�W��I�H�G�H�U�D�O��G�H�F�H�Q�Q�L�D�O��F�H�Q�V�X�V���
����	� ����	� �6�X�E�V�W�D�Q�G�D�U�G� �D�U�H�D� �P�H�D�Q�V� �D�Q� �D�U�H�D� �L�Q� �Z�K�L�F�K�	�O�H�V�V� �W�K�D�Q� �W�Z�H�Q�W�\��
�S�H�U�F�H�Q�W� �R�I� �W�K�H� �K�R�X�V�L�Q�J� �L�V� �D�I�I�R�U�G�D�E�O�H� �K�R�X�V�L�Q�J� �R�U� �L�Q� �Z�K�L�F�K� �W�K�H�U�H� �L�V� �D��
�S�U�H�G�R�P�L�Q�D�Q�F�H� �R�I� �E�X�L�O�G�L�Q�J�V� �R�U� �L�P�S�U�R�Y�H�P�H�Q�W�V�� �Z�K�H�W�K�H�U� �Q�R�Q�U�H�V�L�G�H�Q�W�L�D�O� �R�U��
�U�H�V�L�G�H�Q�W�L�D�O� �L�Q� �F�K�D�U�D�F�W�H�U�� �Z�K�L�F�K�� �E�\� �U�H�D�V�R�Q� �R�I� �G�L�O�D�S�L�G�D�W�L�R�Q���
�G�H�W�H�U�L�R�U�D�W�L�R�Q�� �D�J�H� �R�U� �R�E�V�R�O�H�V�F�H�Q�F�H�� �L�Q�D�G�H�T�X�D�W�H� �S�U�R�Y�L�V�L�R�Q� �I�R�U� �Y�H�Q�W�L�O�D�W�L�R�Q���
�O�L�J�K�W�� �D�L�U�� �V�D�Q�L�W�D�W�L�R�Q�� �R�U� �R�S�H�Q� �V�S�D�F�H�V�� �K�L�J�K� �G�H�Q�V�L�W�\� �R�I� �S�R�S�X�O�D�W�L�R�Q� �D�Q�G��
�R�Y�H�U�F�U�R�Z�G�L�Q�J�� �R�U� �W�K�H� �H�[�L�V�W�H�Q�F�H� �R�I� �F�R�Q�G�L�W�L�R�Q�V� �Z�K�L�F�K� �H�Q�G�D�Q�J�H�U� �O�L�I�H� �R�U��
�S�U�R�S�H�U�W�\��E�\��I�L�U�H��D�Q�G��R�W�K�H�U��F�D�X�V�H�V���R�U��D�Q�\��F�R�P�E�L�Q�D�W�L�R�Q��R�I��V�X�F�K��I�D�F�W�R�U�V���L�V��
�F�R�Q�G�X�F�L�Y�H� �W�R� �L�O�O� �K�H�D�O�W�K�� �W�U�D�Q�V�P�L�V�V�L�R�Q� �R�I� �G�L�V�H�D�V�H�� �L�Q�I�D�Q�W� �P�R�U�W�D�O�L�W�\���
�M�X�Y�H�Q�L�O�H� �G�H�O�L�Q�T�X�H�Q�F�\�� �D�Q�G� �F�U�L�P�H�� ��Z�K�L�F�K� �F�D�Q�Q�R�W� �E�H� �U�H�P�H�G�L�H�G� �W�K�U�R�X�J�K��
�F�R�Q�V�W�U�X�F�W�L�R�Q� �R�I� �S�U�L�V�R�Q�V��� �D�Q�G� �L�V� �G�H�W�U�L�P�H�Q�W�D�O� �W�R� �W�K�H� �S�X�E�O�L�F� �K�H�D�O�W�K���
�V�D�I�H�W�\���P�R�U�D�O�V���R�U��Z�H�O�I�D�U�H���D�Q�G��
�����	������:�R�U�N�I�R�U�F�H��K�R�X�V�L�Q�J��P�H�D�Q�V���
��D���+�R�X�V�L�Q�J��W�K�D�W��P�H�H�W�V��W�K�H��Q�H�H�G�V��R�I��W�R�G�D�\��V��Z�R�U�N�L�Q�J��I�D�P�L�O�L�H�V���
��E�� �+�R�X�V�L�Q�J� �W�K�D�W� �L�V� �D�W�W�U�D�F�W�L�Y�H� �W�R� �Q�H�Z� �U�H�V�L�G�H�Q�W�V� �F�R�Q�V�L�G�H�U�L�Q�J��
�U�H�O�R�F�D�W�L�R�Q��W�R��D��U�X�U�D�O��F�R�P�P�X�Q�L�W�\���
��F�� �2�Z�Q�H�U��R�F�F�X�S�L�H�G� �K�R�X�V�L�Q�J� �X�Q�L�W�V� �W�K�D�W� �F�R�V�W� �Q�R�W� �P�R�U�H� �W�K�D�Q� �W�Z�R� �K�X�Q�G�U�H�G��
�V�H�Y�H�Q�W�\��I�L�Y�H� �W�K�R�X�V�D�Q�G� �G�R�O�O�D�U�V� �W�R� �F�R�Q�V�W�U�X�F�W� �R�U� �U�H�Q�W�D�O� �K�R�X�V�L�Q�J� �X�Q�L�W�V� �W�K�D�W��
�/�%���
����
�/�%���
����
���� �F�R�V�W� �Q�R�W� �P�R�U�H� �W�K�D�Q� �W�Z�R� �K�X�Q�G�U�H�G� �W�K�R�X�V�D�Q�G� �G�R�O�O�D�U�V� �S�H�U� �X�Q�L�W� �W�R� �F�R�Q�V�W�U�X�F�W��
�)�R�U��S�X�U�S�R�V�H�V��R�I��W�K�L�V��V�X�E�G�L�Y�L�V�L�R�Q���F����K�R�X�V�L�Q�J��X�Q�L�W��F�R�V�W�V��V�K�D�O�O��E�H��X�S�G�D�W�H�G�
�D�Q�Q�X�D�O�O�\� �E�\� �W�K�H� �'�H�S�D�U�W�P�H�Q�W� �R�I� �(�F�R�Q�R�P�L�F� �'�H�Y�H�O�R�S�P�H�Q�W� �E�D�V�H�G� �X�S�R�Q� �W�K�H� �P�R�V�W�
�U�H�F�H�Q�W� �L�Q�F�U�H�D�V�H� �R�U� �G�H�F�U�H�D�V�H� �L�Q� �W�K�H� �3�U�R�G�X�F�H�U� �3�U�L�F�H� �,�Q�G�H�[� �I�R�U� �D�O�O�
�F�R�P�P�R�G�L�W�L�H�V�� �S�X�E�O�L�V�K�H�G� �E�\� �W�K�H� �8�Q�L�W�H�G� �6�W�D�W�H�V� �'�H�S�D�U�W�P�H�Q�W� �R�I� �/�D�E�R�U�� �%�X�U�H�D�X�
�R�I��/�D�E�R�U��6�W�D�W�L�V�W�L�F�V��
��G�� �2�Z�Q�H�U��R�F�F�X�S�L�H�G� �D�Q�G� �U�H�Q�W�D�O� �K�R�X�V�L�Q�J� �X�Q�L�W�V� �I�R�U� �Z�K�L�F�K� �W�K�H� �F�R�V�W� �W�R�
�V�X�E�V�W�D�Q�W�L�D�O�O�\� �U�H�K�D�E�L�O�L�W�D�W�H� �H�[�F�H�H�G�V� �I�L�I�W�\� �S�H�U�F�H�Q�W� �R�I� �D� �X�Q�L�W��V� �D�V�V�H�V�V�H�G�
�Y�D�O�X�H���D�Q�G�
��H���8�S�S�H�U��V�W�R�U�\��K�R�X�V�L�Q�J���
�6�H�F�� ���	� �2�U�L�J�L�Q�D�O� �V�H�F�W�L�R�Q� ��������� �5�H�L�V�V�X�H� �5�H�Y�L�V�H�G� �6�W�D�W�X�W�H�V� �R�I��
�1�H�E�U�D�V�N�D�� �D�Q�G� �V�H�F�W�L�R�Q�V� ����������� �D�Q�G� ��������� �5�H�Y�L�V�H�G� �6�W�D�W�X�W�H�V��
�&�X�P�X�O�D�W�L�Y�H��6�X�S�S�O�H�P�H�Q�W���������D�U�H��U�H�S�H�D�O�H�G���
�/�%���
����
�/�%���
����
����