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

K>LFHLO K>LFHLO 1)474ACE+BAHA?A =IAL?AHJEBHL=ELA@A?D=# EIJF=@K IAKIKJAE=L5==HEKBAHA?A 1)474ACE=JAHEOJAH>OOFEFH=LAOFHA@ BAHA?A>OOLOIJ=LAO=MA>L?DIJH?D 45J=LEI=AIDH=@EK>KJJ@KA JF@ALHDLA@K??DFH=?L?DIKFE4BH KL==H=@=4@A = =LAAE== IKIJFEIKA@ A@FH>D==IJE@AACJ!'HC=E=? JOEHC=E=?AOFHNOD=IO0=IL=JJA@OD?AA"!HC=E=??AA#2HJ AD=BAHA?AKEEJI=@HD@KJJ=?IA T*OA=M]=T+IJEJKJE]HC=E=FH=LE@== IJ=LOJKFEIFLEJAAOE@O>A IJELEJIKEJOHC=E=?AJAHAF=J FIFLO1)47E?DIALD?DFF=@A?D=E AL@=ANEIJK8AEJIJA?DJ=??DIAT*OA=M] =T+IJEJKJE]D=BAHA?AFEKJFKA @FHKAFH-+LL>H=>OKIF@= D=ILFIAKBHK =BAHA?E>OEFJEEIJKF?EAEH@D IAHAJ=HEJK=4ACE =!=IJKF?A167 BAHA?ALE=LLA@A>=IJE1)47 2A@IA@= A/=HFAIJ=@) 44 IJFA@IA@= 6=B=,EF$91 5AHAJ,*A=JJEA/!* 2=@ )@HA=I6DEA=0*'- AL-+ )4==)5D=DM=HE)"6 0=I0-DAHI,.#7/ =H=@E==JH 2AEJIJ=AHFH=@E==JHI?D=IJ= @LA@IJA@AID=LJE=A?A @==E@ELE@KIJK@EKEDO=IFEIA? O==FAEJIJIKJ=?AIAKAE H=@E==JHO AIH=@EK>IAI=KIFEJA==??D H=@E==JHFHAJA=H=@E==JH2HAJ =L=KA=KHIO@LAF@FK@T@AA@ ]LATKHIFAHJHA=@AA]AD FAJA@AILAEHA@AA@EEIL= KHI=AIKIJ=LKKHIF@=?D=L?AIJA?D =LH?D=IA?DJ=AFAEJIJI=JH=@E ==JHIKL=EBE=?EIAHEKA)IEALJLD@K AAILOKEJ?DJOAIDJAAKE=D =@KF@LA@?DKAH=@E==JHIK KHIO=AOHACKHEK=EFA@IJJ KA>EIAHIJL=>OJ=IJEIAJ=EDA@ KF=J=?AIJ=L=IJ?AIEAF=FHHO?D 8IK=I@>IKF@OKHIOJDJFHCH= KLJHLE??D=L0E??DA=JHLE?KHI E@KDKJH=@E?E1@OLH?A''%LOD=OFL@ KHI@2H=DOALFIA@?DAJA?DA=L HC=EIJHA4=@EK>,HKDIJAKHIIK 0E?ALA?D?D@AFI>LAE=>>A F=@=JAD=H=@E==JHI?D=JELEJL AIHAFK> E?A4=@EK>0E?AJAHLFF=@@IJ=JADK F@KHIOAALJ=AE==A 2@H>IJE=IK=A@JEL?DKHIFH CH=K=H=@E==JHI@IAHAJ=HEJAID 1CE2HIJA?2F(LO? 2==OJ,=AL75 0=I*@AA6EAH=2)%*6 =N4=E?D=#"4 BAHA?AI?DLE=BE=FHLK=J='''=,AI?DLE=AIFIFLO=J=! "= #LALE&+0.IFAIFIFLA +0.FH.@"JLAIJALE=JK>O L KFOK?DJA?DAJA?D BAHA?AFJLH@E=F=JIJ,FHKA+ #+ & + + + ##=+ &EAD=AHK =@FHKAFH=?L?DIKFEI?DLE=BA HA?AAE?DLA@K? BAHA?AI?DLE=,FHKA 5+! # T1)474ACEF@FHKALOFKJF=@=LK= KKHIALO=>A?A@OFHI==JHID FLA]2HJEJKJ@FHKAD=IL=$HC=E =?LAJ4"HC=E=?AIA@HAOD=IL 4ID@EIKIAIAF=J===LA@ATLE??DJ@] =JELJDK@AA==JHILOI BAHA?AI?DLE=IJFJDA@LH?A #JAHIAKIKJAFH=L@F@>L #LA L?=HI,=LIKBAHA?AI?DLE==@K@=?D =JAHE=@FHKAFHLOA@EI+"8 =+#88>K@KFH=?LO=LAAOFIKE ==AHOA@A@AEJ?DLHEIA8A >=@FJAH=AAJA=IJH=$ 8A?DOI?DLA@KAJO>K@KFAE?D >@HALAAJHE?BHLOIJ=LAO==E?D MA>L?DIJH?D H=@EK>KJ=JOLEIJH=J@FHALA L@>@OF@H>IJEFHJAJAHHA>K@KAJ IJ=LAOFAFEAAJA= =@HAIKA?A=ALE@KA=I@F=@=JAE=IL A>EDKHIK 6=KLJA@AFHEAJAKIAFJDJ= 5=ALJHLE??DA>L0E??D=A>K@AJA EJL=J )JK=>@=FHH! 4=@EK>0FJFEFH=LKA4=@E==JHIK K@AA4=FFH=LKAK= =@FA@?D?DKAIJ>K@AKHIFJH@A =@LIJELA@LKLA@A?DI@LKJ@A@IJK FALHAF=FH>DKKOFA@EI AIDJAAKE=D=@K 6AHOAFA@F@LFHLFLELJ= *K@AKFAI=I@AA?FFH=?L?AHD=A@A=JELEJHK!=FFHA@ KAI6 +A4AKIJ@=HAK)KJ?=FECK0E?A JAHL=>EIJK>OJL=IJH=LL 2A@AJ>K@KKA=IL@AAJE=@ H=@E==JH 2A@AJIA>K@AFHK?DFLL=?F@ OH=JOFHL=IJ=E?EJA?DE==JAACH=BEA 8E?DEFA@A?LEIJH@E@FL=LA?DO L=A@J=OJ=?IA=H=@E==JHIDIFHJKJ= KA=@=JAFLAIKFEO+KIJ=AI F=@OJAACH=BEAJLA?DOJAACH=B=O6 LO@LFLALOIAI>IJ=H#AJ 2=?AAI?D FIFL4=H!@F 2@JJLAA= IJH?A4=@E==JH= $ FOF=?AAI?DFIFL4 2IA@@IJ=LA?JDJKEBHKA IJE=F=JEJ?AALEKAFA F@AIIFEJAOKJAH4ILAJ 6AJFI>>DKAFAIJ=>JLD@@A A@=!AIIFEJA=IA=JELFEFE= IK=IKJHA@KLOL>=L?DFF=J ==L=@=AJLDJLIJEFK@AK@@ EA=EJAJKA>AD?A?IJ=LE= FF=JA"#AIAJ=FKTH=?E=EL=J] ILEFH?E=AJIL?DF=HJAH== 6KJEBH=?EIAEIJE=LE=%A@= E===A?7, EKFH 8J?DH>,835==AH ==AE@=KEL=JAA35IK>O=>OL=ILOHL =EIJ=LAFF=JA=AJHAAO4= 554KFHKAAA>=L?DLFEIAA L@OKHEJFJ?A6AABE?ELL>HI IJA@AIFJO=JKAJAABAJ2HJ H=@E=IAJA==E=@HAIKFEAIJE FKA=>OIJAEEIJJKA>K@AJAIJO FH=LE@A@IJL=JA=FLEIJFIA KFHL=JIJ=E?AAE?D35IIADH=@A AJA=I=EFA@F=J JAHIJ=E?AA@@HK=LA@ABHJ35 IJJAHIAKIJE=HHK'N"?8J TLAIA]DK>J@FH=LKFAOE@OIA JKI=ALD@KA=>HEJ,KAAJLJEH=@E==JHJA=I= ILIJO=>A?A@IHL=*AAJA FA?DLAELAJELO==@HAIK35IK>O= A=IJEA>LAAIA>ALK=F=AJK 8ALOI=?IJA@EIKF@=?D4=@EK>K 0==A?E>K@AJHL=AKIJLOI=?FH=?LEJ@A>K@AFHL@?LEFH?A=IJ=E?E 4AFHF=JAO=FA@F@IA=AI F=@=IJH=@E==JHIDFHLK= F?=FHK?D=AAKOAAIH=@E K>ALO@=FHK=2=@=LOAKFAH JHH=@E==JHI?DIJ=E?LAJAHIKFADA@ LOFH=?L=J=J=FHLA?DOIKFEO6KJEDK JAJ=IJIE=KFEJFHL@A4 2=@=JA4LFHIJA@KAK>OJL L )KJ?=FECK==@F@?DL=?DFE DA5JH=LLAJ=JFHIJA@LF= @=JAAFKA==@L=FEDO 2A@>FEDOBHKAIJ=A==@HAIA MMM?H?+745+06=IAJA==@HAIK 4=@EK>K0FE)0E?A@H=$%# #!"0E?ALA?D?DJAB=N" "$$$& & A>AJFA=A=EK>(D? 4=@E==JH!

FHLEO 2K>E=?AHIAL=>A?A@ = H=@ELJAACH=BEE ==LFANFK>E=?A9EE==/ 2EAHFJ=0..T6DA)HJ=@5EB4=@E 6AACH=FDO]LO=LH ELAJAJKFH=LA LO@=FAFIJKFK=KJH=JJFH> A=JE?AIL@A@=HI=DEDO "IJHA A@=LFAAAF@JEJKT=K FHLKKFKL@I=AEIJHLIJL= IKIFAHIALO=FHIJA@K KE=?A]=JJFK>E=?AAKHA=J JAIAJAACH=BEE==?DJE>OIAE=KEJ =EH@E=?DJE>OIEIL=IJE@=EJ +AJANJFA@IJ=LKAIAHEIKDHEBH=? =HE?DAAA==?AIJ =KJH=6ANJALAEAD?AEJAFHJAA= FIA@@K?DK=@>AIHKEJAK=CEJE KAIOIHA>H=J>I=DFK>E=?A F@H>EFHJA=JAI=@AAFEBH =?A?AED=LABHJKF@BALA IJ=A=IJH?D DJJFMMMGIAJ'>HDBBDJ AFAD@JAJOJIJHOAE?DLJL== =JA@JANJKKLA@AEDOLIKHEJ=KA 2HLAIJLI)HIA /IELEA6-0A>OFHL@ K@=)HI*OEJ 4&%''!-I &!76+I %:,58) 5AJH=@E==JHL2AHL IALH!KIKJA =HLA@E'!!@&@ D@ F@ELA@E!@&@ D@ 5AJIA=L@OLIAFELL=HK2AHL 4=@EK> 7LA?DOIH@ALA,H=D *:- 4=@E==JHIIL=J>= 5L=J>=IA==" =L@L==IA)A= )40A=A,=LE@IE?AA>OH=@E== JH=AFHJAT=F=@]@H=@E==JHIH@EO AKA>K@AAIAFEFI>EJ)A=D JKKIELJ==J=E=L=# IFAF@K>LK=K16==IJE IAE2D@A@AD=)4 AL==HEA7;)A=)40IAB,. 7,=LE@16IE?D=AIOA)AO@A=64 @A)4 4=@E==JH!,A&FHIE?A LIJKFE=LF=JIJEAEL@ @D@=AEAIKHAFK>EK=1@IKHAFK>EK KLH@?DH=@E==JHI?DE?A?JAH=@E ==JHJAH=LJL1@IEE=L@IJ=JAFA@IJEDK F@LO@H=@E==JHIE?A?A>OJKJE?A?E I=J2?DFEJAA=LO@H=@E==JHIE?A?A AFHLH=>IJH=OIELODH=KFHL=@J KJ=@=JAA 5>KL==KKAI=J H=@E==JHIKE?A?EE>=1@IEAJAIK @HEJAEH@H=@E==JHIE?A?A2HJIAJ=J@D @=JFA@ALIH=@E==JHJAIAJKJ IJL1@IEE@IK@AE +FA@?DAF@FEIK@D@O2A@?D@OIK AIK?DB=J==JH?DKIEJK=?EL;*LOILJL IA@K?FL@4@>O?DIALHJE==JA=JHJ =A?A@= @OIA>OLOI==IJKFEJA I=@@==HJO EFA@@A@A@JJL@A=FH5JA@ALHF== ANJE?AIAIA==IJIACD FLAFHLKH=@E==JHIIJ=E?A2HMA>LI?D IJHAFHEBH=?@ACJAJKJAEE=LJLEE =@D=@OFI>KIE?A?AJ=J>OIA@== IDHKJAFA@IJ=L=1@IEELIKLEIIJEIH=@E ==JHILOIAJFHLA@AIAIAFK AJJ=@EEIJH=JELTD=H=EHE]=AKJIJF@FEIKJL T4A?EFH?==CHAAAJ==JAKHH=@E=?JELEJEAI]4A?EFH @D@=H=@E==JHI?D=JELEJ?DFK@=IE= 7EFHJOD=LKOAO=J=@KD=LA@ =>K@KJ=J@AHJ=>K==JA>K@A>HJ?A== LOIIE=A?>K@KKIAJA?D=J=J?DKAFHLA IAA=L?TEK]TE=]AFI>=I=JE?A?E=FEJAFJ=JIJJDA@=8JAH?DA?D,:++J@?A=@>ABKCKAA=FK@JA@?D?A TAJ]F=JET=A]5FADELAJ@=A=LJAH?D TJAJ?D]A?D6AA1@IEA@AH=JE?K= LOIFKAIA@LOIJL@A=JKHEIJE?FK>E=?E=A JAF=JAEAITAFHFH=?L=F@=L=? IOIJA=ILJ]JFL==IJ *DKA=AH=@EI=@>DK@OLH=@E==JHI ILJAJ=JFH=NAE=LHA=J=AA>OAF@=J F=JEK@IJ8OFEJBHKAFEEJBJCH=BEA= K>LFHLO AEL@@D@=AE4=1@IE KLH@?DH=@E==JHI?DE?A? *=DF 2 'H=!I=LILELJK>EAKIAB *)46 2JAHF=J@KD@>AE AIFH=@E==JHOHACEK8AJH?A IFEF@OALODAEH@D?A @EFK044IAFEIA@AIJEIJEO )44FJLHA!!A=AILJ=JA'' ALA?D?DA@HEJAA@EFALO?DJ@ A@JEL?DJEAJ=@=?D#AEH@?D @EF=?A@HK'&!AFA@IA@K4 ==@H@H''"HC=EKA?AIJJKHO =@?DFAHJHAJIAEL=AAFD IFHJL?AIDHACEK2AAAK==EF T%]KAK>LAK=@H=LIK =4==8HK>LA@=JA= 5J=EI=L=JA4H(H? J=JL=JFHLEL?DI>@FHKA?D@HA0)%8 =E=I;*)8OAEFJL0)=J=IA@A= @HKL?E@OE>OAAA>AH=JEBE=?A4A?EFH @D@OJAF@A+IA@@=J6=IA=JF@A =FHIJBE?E=AA@LALAKIA@IJ=J TFBK=]@67JAD@OIAJKEA@OIA TJ=JFAH=?A]FLA@A@A@DHK>K@AIF?D 6HC=E=?A=JAHKAIOAJLA?D 0=L=EFIOJL=JAJAAKE=?DIKA>>=I AAJILOT?DLO]KI?EAAIAFIA@I=D L==?AA=?DHH2A@ALFHJAFLEJ AIK=>=I@KLOA@LFEIJKFAT4A?EFH?= =CHAAAJ]KIA6=JIAAJHKFHJDKJ JLJ>OFAL=FA@OIAJ>H=JA I=EIJFIE>==A@KDEFIAFJLHAA 8ALOI=A?JL4L==HJAF@EKJF=JEHO =DALOA@LI1@IE7JTKJK]>O>O= @KDFI==IAA=@FL@IJ?D=@= IAIJAJAABKA=JAJFH?AIKIFHJHK== E=A@=H?DEEIJAHIJLA?D=J@=J@ 2JI??DIA@IJ=LELIA@A!= JEBEL=EEIJAHIJL=DH=E?DL?1@IEA AU]==@8=@IJEAJKAIJ8EJA 1@IEAFE@IJAIIJH=O=FEIJKFKA= 4A?EFH?==CHAAAJU] FHJE=AKLHDK@FKAA@E 1@IEAA=?AFJKA=EJ@KT,]6@=TLE?A+=II]A =FH@HEJAAJ@OT+]=F@AE@I?DIJA AI=L=L=JIFAIA=DH=E6JAFILALO D?AIJD266)AEOLAE?A?EA=FEL=J= >K@ALO@==FHJ@KT+]ET*] 5JHKHA=FEJK=?AK@IJ @IJLO@E?A?A>O==JKJ=EDA@L>AKH,K>AFFH=L==IDH=L@KAJFH=D AA@4A?EFH?==CHAAAJ! LJAIAFI=@AI@IJEFLA 8ALOI=A?JLL==HJLOA@L " AHLAFA@>IKD=I6=@AI@IJE= 81@IEA # EKFAIK??D@FEI=6=IJ8= A@LAHLA?E $,FLEOIHF= IA>OL4=@LA % EHJIA=LJLEIJHC=E=?A=@= F@FHKFELOA@L &,FEIIJD8FIJKFA@IJE@=KFH A@L=EEIJAHIJLKFJ=JAAKE=? ' AIJFIE>TAIAJ>LHK]=!= IA>@HAEJK81@IEALAJAHIAFA E@D@=A@JEL?DFAHJHI?D J@?D=>K@K=FELO==AFAHJHIJ@O LE?A+=IIJ@=T+]/AAH=+=IIJ@=T*] )@L=?A+=IIJ@=T)] IA@L=AA@D@=LIJKFLF=JIJF T@FL@]J8ALOI=A?JL4L==HJLAJAHKLA@A A=LHAF@O=?AFJKA6JIAFIJKFEE= AEH@FHL@>H84=JAFKJ=?E I EEIJAHIJLA@FH=LO=IF4EA8ALO I=A?JL4L==HJAFEIJKFEJ@AITHAFOJA],A% =@@AI=F=JEKJK=IJ 8=@A& @D@=LIJKFE=LF=JIJ! K>LFHLO

K>LFHLO K>LFHLO 6>OJA@OTHKL]I=A@I=AAC DFI>K=I=JL1@IEEE?A?EAE F@=I=@>K@ALA>E?D@A?DLOIJ=LA=FE I>AK?=IEC;*)4+EE?E=LODH=AKI=@K =;*)3);*)EJDAF=JHA;*)4A EKLA@AKI=@K=JIAFJLHKAEJAA@A JLA?DAAJMAJJAHIIKBEN =LH>O?DH@F@L=LA=EJAHAIL=JFH=?L6L2H=ALAAIF=AFA@IA@K 5J@AJALO@=E>AIKHO?DAIKD=IIA=DA A@=F=K7,HK>HK.HA>HJLEKACLE ==AKKLEL==HJJAH?AK=?EIA@L== =TDH>K]HAIF@A?EJAHKIADAKIJA,7*- 5DAJ=EC2AJH*A@LODIE= =@@K>LDKIAIA4=@OH=A/H=JLFH CH=O=F@FHKIFHJK=LD=IK=H.@KIFHJK=LD=IK5JA@AIDH=A )CA@KLA@A@>HIJL@AA=IFHJKLA@K? CH4=@A+KB=2@OCH=JKE=FAK @K>==LJ=IL@@FEIA=I=F+I=?A?5@HKAJA?DE??DIFHJ=EIJ AIHAFK>EOLA8AIFHJLACEK5H=A 86-AA>OIEJK=?EAFAL=FAAJ= FAKAJ IAE5EBA A@LA>O>OJ=LJOFCH=JK=F@E =EJ2AJH+7CH=JLF@OFHL= =HAI=LAAI44LH=EEB>OLIJE 24E=1IJH?D4@OK>OO@=@O=?AIJ 4=F=@A@IJ=FI=JHLK=H=AA =/*DKA=I?DKIAO4@A >O?DFHA@=EFHAJ>OFEF@JAH FIA@D@AF@FEDO!#IA>E A@LAIA@FHAJK=FI=?4=0) EIJE=>OIE==@EB2JIA >=ILOL@=AA=FIKL/IAIJK @L=E=@K=IFEI=?A=>O?DE= FADA@LH>??D=IAOAEJ2AJH+7 LOEL=@=FJA>@=@OJAH>OOKJ @EJFED?A=FAIJFHDALOHL =?DL=??DLEIJJKAAA@@KDO @H=LJ=I?EFEJIKD=IIKLA@A =E?DI>?D@=FHFJA>O52AJH= +7=IJ=JKJHDIJKF?A4== H=ID==AH=4=LODJLEJAAFEDO =@FED=AF=>H==EIJE=LAA=FEE @=@KFE@A1,=@KAJA>O L=IJFHAJFHLLAHA= %$!=J= F@H>EBH=?A0)EIJE8FJA!# IAIFAI2AJHA=4FEFH=LEELAAH@K AJO=HO?DALOFEBHKFEDO=>O?D @FA@ALF@=JA5LAF@= -48-=IJE-48--+ 8OL=EIA= HD@KJ5-48--+%EL=2AJH+7AFEA @FEI5AFE@A#,HKD@A 2AJHF@AFI=5KLKAE5=42HJA 5HJEF=@L=KIJKKF=JAHEK>O I>L=*AADF?E>OLA>ODAIEJ,OLAAJA@K 4AJE?JKAJAHI1@IEK=LAK T4A?EFH@D@K]2HJJAH=JELEJOD=LTLAJ ]-LHFOLAJ?DI??D=*=EIKTAHJ=] 2H=?KAIAE=IJEFKL=J=O;*DA?==A =JJA@A=KIIA@=JE?A?E KI@H=EJAJA@>O?DJJKJAE=LJLEJ =H@>OELOI=KILO@E?A?AF@=J L @IJ=JAFA@IJEDKALEKAJAJFH?AIJHL E!I?AEBH=?A@AC8JA=THA?EF?= =CHAAAJ] %!I>AIJ,:@A5J=@=4 /H=JH=ID=@K5JA@AIDH=A FH4=H >K@AE=H! A=L=KA=JANJLATFHLE?D]=JAJIJH=4=@E==JH=$ J=FHH=@?FFH=L=CH=JFHH!AKHAFA@ALAI44=FA 4DH=A J=IAHJKJLE=?DL=HE=J?DLE= J=@HKDL=HE=J=FHAJK=H=@E==JHOF@A@ IJKF?DEBH=?F@=J=E?4 >DKAELODLA>O2AJHJA@OHAI= FLK=I?DK=&&@2H=DOIAIJKF?E4 542- =I?D?AIAIA@D@E=LOHJKJ =JAHEKKFKLE=J=JAJLAHAFHAJK HLAIA>OF@FHLA@AL>HLDA ILABEHAAJFA@0E?AE@OLFLE I?A@==>=LAJ4BE=IJ== 5KL=F@AFI=DAJ=A &IAE @FEIA=5KFHAJKHLAIKLK @OFL@IAA@@HAJAHF@EBH=?A?>OAIJH=O5FE=JIF?DFA FLEIJAIJH=OFA?ABE=IJOA@A IKLOJH?J@FA@K80E??DIA AFHLAFHLA@@=IJL>HLDA=FJ =KFEALJIJLH>>=JO,,)6-8=IJE=&#!$$2H=D=$= N! 60.%-+65*H=E?$%2H=D="=!"#. #'*==F=JE.6'4JAHK=AAEKIA>A.++ +A?J52&"IJ=@=>A= '=! ##K@=FIA@@LOFHAJK=@A@= JEI35K2=L=,43=#N# 2FFH=LIKLO=F@AFHFO LHA>OO>=@KAJO4>A= IA L2H=A=KFEFH64:OFJA>HA@K?AK+65FH 60.%-HA@K?E5)*+=5)2F$#= K.++FH.6'4HA@K?E2=&J=& IALEE=>OAKIA4@F?AJ=?E8; 6:K.++IAHLALOLA@.6'4JAHKIA @==IAHAJ=HEJ4IA@L=@=@FEI=5 FH>DKJ?DFH=L?DFHAJK -2JAI?A>OLA@EIFE?E=4 L2H=AF==IAFH=?L=J=LHA FHLFH5JAHKIAKIAFAHKEJLE@= IJK=ALFHLFLEA@=>OJ==>J F@= 1562), 8FHLFLEI?AIAEL2H=A I?DKIF+I=ACH=JF@=EIJKF?EE= AIOCE?IL=5L=AI?DFJF= IJA@)KJJK>4IKIJ5@HKAJA?DE??DIFHJ=EIJAIHAFK>EO=AJA>O= FE@A=IJ=@ 5EAJAO *+ 8I>JK# IAIAHKEE I.H=JEA,H@A *+JAHFL?A ="AJA?DLAIL?DA@@EJ?DIA@@AI JE?DDA=@ABEEJEL@EILEHB= IL?D8=88=A FJIAJH=JEE@=DAIL?D=@A?D ==H@ = 8K? 9-@= 84-ACH=JK=H,KELAJA EFDE==IDEJ=@LLAFHAJK)K LIAJ=JAHIALAI=@JH @J=O2AEIE=>OLA@KDLO@HA )AJA@K1562),JAJHJCH=JFHH!=I?D?AIF+I=AIAIAJ= @L@EAALOFI@=CH=JIJADJOFK *DKAJAHF@FEDOIFHAJA $ >OJH?DKE>AE@=AIAIA A@L@E@LAJ=AA>O==KI?DK=I 2L=IAIAIAJ@OLA@KA>HKIA IJKF?E4=BFAHJHOFAL=@=IJ24=>O?D =FJA>JOFK@>O=CH=J>J LODA012HJIA=FI=@IJ@24HK>HE= +4E=1@O0LE:7@@EIKIDEIJK 4F?IL>HAL=EJDL@D64:K L=8==88===JAHEFH46=A FJ8;6:LAJAE=FI=E@24=1 @FEIA=AE55K2HAJIAJ===H F=KALAJA?D=JACHE?D?AA="$'$# $IA>KFA@==0=LFJL2H=A 1=JACHEA ALF@FH=H=@EK>FE HAFHAAJ=?ELA5JA@AIH=E -5*4,*+KFL@D88 64:K1+'0=& =FH=L=IJA?DO>OJ?D >K=#-4)681+-/KF HJJHK8)6/,:+=!#%'=I@AIJE AJH4/!75=!$4 KF88864:K.6&'%="&"#=A@D IJ=AJH4/!75="# 11=JACHEAF@FH=EIJEA4LA 5JA@AIH=EHJ@>K=@KD@>K FK=A=H=@E==JHI?DF?A KF.64:K="""!060.%-="'' 8L@D64:K.62=H#=!! # 88L@D64:K1+'0=& )6 8JKAHK.'$'='''#===OJHK. $' =''' 111=JACHEA F@FH=H=@EK>JEIAL=EJ?D 35IJ=H=ID=EIJHLIJL@J=@AA L AAJHJA?DE?A 8ODJLA35FHJOE44=$=F@ FH=H=ID=IKJA= LHA=EAIA@L@===KIJK 5FE@EF@IJKF?A4FJIJ= @=I?D?A6=AFAE@4LA@>H@H=L= JIJ==IALA@= H=I==AH4FH5JA@AIH= 24 7-(2241KA(=C=?JA$"&"&& =@H7-AED=HJ=LIK '$& %% AH=JLE?A " 4=@E==JH!

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

==? 4=@E==JH! ==? & 4=@E==JEIAIAJL==IJIALAHA=?A =I=AHA=EJAJFIJ=LA =JO@==@>L@HAKA=EJJKJAH FJA>KAA@=HOIJ=IF@EL=A>K@A LD@FH=ALOKEJ@=>K@AFKJ?LKLAIJ?HOJKLKL=L=IJHK?E= EIJAD@JKI@LD@AJHKIAIHK EJA=@L=FEIAA>JA>=@=@=KI =NED=>AKIKJAAAJHE?K@Kλ" =EJJK@A>O?DJFJA>L=E 8A?DOJ=LJOAA@FL@JA HA=?AF?/,AHA=?AA=AA A@KL?A?D=FE=?EHA=?A/, AFH=?L=JJ==LAE?EJEL=>IH> LHFHAEJJK=DIECK2HJA /,AI?EJHAAADHLFKJ= @HIECKFHDA@L=@==IJ=LLFE= 5EAHA=?AAK@=JDAJAH>O E=LO=@L==@H=DKIAIJ=LK=>H=JH?DFIJH E?=AA=@=HALD@K/,AJAIA AA@FAIFIJHAL@=JANJKKLA@AA= FIJKFL=J=>OLIA@?DO>O>OO?AA +JA/, /,AE?L?AI?EJHKJAHDA?L=KHK?ADEJAJFIJKFLAKJ=AKKA =L=EAAJHE?>L@OI?EJHKKA KEJJK=AD=IJ=LA=FE>E@AJA HLATEJAEJK]I?E=?K=KAHKL E@8JE=/,AKIF@=J=AI=@K L?D?LA=F=ALE=HI=?DFHJ EHHI=DEJJ7IJ=H?DAAJHL?D=F A/,EHKLE@L FHK@AAJHOI?EJHKJAJFHK@FHL?D=H= JAHEL=EJAEJKI?E=? 6OFE?/,AL=H=>E?AAIK?LL@OFH LLK?LK=I?AAEIJKFE?AK=K?EJAJI?EJHK=HKLE@KIJJ= =>OAD@=>OFEEJJK@>AIA @L=J8JE=/,KKAE=IJ=LL=JEJAEJK I?E=?D=JELEJJ=A@=E@=AK@HL=J L FJEHALEHEJJLHI=DK 7FL@EL?DFIJHALAI?AKA=E=F A?>=JAHEAKAAJHLD/,A>J=FA? @HLAIJ=LA>A>JJLAI=IJ=JKA@ JK /,A@O>I=DL=JELOF=JAHA LOFKJI?E=?A=/,F=FH=?KA==>IH> LH8E?DFF=@A?DABA=IJ=LEJ=JE LEJKI?E=?==>@@OI?E=?A=EK=FA@ F=AK/,A>JEBLL@@K@A@A>H=J IEC@FL@=?@K=?EIDEJJKJAH FHLA@A/,IK=>H 2KEJ/, 7IJAE?LK/,F>JAIJL=DHA =D>L@KLAIAIJAAHCEAEJ=?D I?EJHK/,=JAJ>L@6=JL=>=AAIE IKEEJAJ/,=HA=EJAJ>L @KID@-AHCEAJAHAJ=JFAA=@LD >L@KAFIOJL=I?EJHA/,?FI>K AFAIEJAEJOADI?E=?2HJAEJAEJK I?E=?E@EKAE@FHKAAFAIAD L?DOO=EA/,==@A=HA=EJAJ >L@KEJAJI?E=?FEEEL?DO?A E@=AHA=EJJAJAIJL=D>L@K HI=JAJAFHL==@>L@A >JFEJJAIJAFEFALKHEJ>L@K A>=FAJAHFEELHA=DEJ JKAKI>JE=AJA>=D=FAJ 2K@A?L=/,FEA=JI?L?A AD>L@K=HL>IAE@KJELL=>= AIE>H 2=AFHL?DO=HKO E@=@EFAAJA8J=LFF=@A=A I?E=EJAJ/,AIEELELLTJ=A] FE@=EJHJ=ELALA>L@KJA F=D=L@HA?DO>FEAF?/, @AJAEFAI@=AE@=FEI=>L=> I LA>L@AIIAJOJ?DO>O=FE =JAKD@JK=EAJA@OEIJAFE=E JJK@@AFAIKIALAKL=>K@ @A>K?LA=LKFAIE@AJAAEJAJ FE@?DEEK 8=HE=JKE@KJELL=>OAL=>=EL 7KA=>O/,>OL=FHL=>L@= FEJ>OKIJELALJL@AIJE2HJ=LK ELKL=>KIAFKLKI=NED=>AK@KD =IE$?JAH==@?E?LKIE= LEJO>H!8=A>?L=IA@L=LEJOBKCKA@ EJJA%02EA=LAAA@K?LK=/,=@HKDK=A>L@ =F=?EJL=>=FEAI=?LO/, AK>AJKAKEJALFF=@A?D@OL A>L@KAFJ=@E@KIJA> JAD@OAE>JIATFE>EJ]==FK=JO >H"2E=F=?EJL=>>LOAFHKAA FAI@=AE@=JAHIAFE=@/,>JE =HACEIJHKA =AAHA=DEJJK+>L@K 2E=L?LO/,AK>L@KFIOJKA AAJAFAI@=AE@=FEFH=L/, E@KJELL=>=>H#=EA=HACEIJHKAAFAI @@A?LO@IA>A=>O?DAE?DLAK L=>KIEE2K@IADK>=FAIKAIA IAA@=JEJAHB=AKL?DOKFI>AK IJHK?/,>LOAL@A?LO@IA>AJ= =>OFHL=FAIAEEL?A!=NE L?DOOE@=6=LAI=>AL=>O >LOA@IDAAJDAA>L@AIJHDL FEIEEJAJI?EJHKL/,=HA=E JAJ>L@KJA@OAA@AIJ=IJKFE?E/, I @IJ=JAKHKIFADELIJE A@=IAL=JFAI@=AE@=4A=?A AD>L@KAAAJEHI=DL=AD /,AKEJAJFA@A=KFA@IJ=LKFE =EJJKA=IEAL=JHA=?E= L J?DJIJA?D=@EJ/,F=K@OFK@IA A@==JFAIA>J?L=LJAIJL=>L @KFAHKAA>@FL@=?@AJHL=@,>HKAJ@KFHILJEIJJO=IFADELIJE FEFH?EI/,ADJLAFKIDF=H=AD HA=D>L@K?LO=@AJHK6AJ JAIJL=?>L@FAA=KAL@ELKF@K =AAFH=JE?OKAJ=LELL=>== FH>DFAIK@=AE@= EJD@JOAE@KIJE 2EFAEA?L?ALD@@AJH =F=?EJLEAHA=>L@2? /,F=AAEIJEJADHA=EJAJA =FKEJAJLFIKAIJL/,FALI@L @AJHO=F=?EJ# = F.=>OA>O FF=@FKJLOJLAHA=D>L AKA@>HEHA=?A/, 2@A=H=*H=@AOA$6).356# FAE=KFH=LEE?D=,7I=?D=(LO? /,AH=JKFH/HE@,EFI?E=JHFIJHJAHIAE@KDK@>KFKL=LAE KEJAF?FHDH?DLBAALA@LA@FHK@KLL >L@KAAJHO=FA=I?EJH/HE@=,EFFAIDKFKJ?LO?D I=AA=FAL>OOFKLOAAJHO,=LLLA@=FAIJH=EI JHO@AI=@LOI?DEJJJ=AFKL=JLLKILT/HE@]ACE?F@IJ=J L=CE??DFH=AA?DIAFHJ@AIFKL=IJAL,EFI?E=JHA>,EFAJAH7 IIAJJFALFEAK==J=IAFKLALEHA=?AA>JH?DKD= JHL/,E@O=AKA>I=DKA@KAAJHK=A@L>L@8 @=JANJK>K@AAFHJFHJAJKEJAFIJHFKL=J>H?A=A/, >H >H" >H >H!

>H# >H$ @KA?LO2HHO?DAA E@KIJEIAD@J==E>HL=FH@A JHF.=EAF=EIJAHA=EJAJ J=LD>L@KAAD@JKE@KIJELOF J=JF@AA@@K?DDLH?A "π B + @Aπ!"$BAEJAJLO@AL0+A =F=?EJ=Lµ.E@KIJF=@IJ=AALµ0 EJD@JOAD@AJHK 2@>=KAE@KIJELOJLAHA =>L@AD@AJHK=?LOIA KE@KIJ8D@@HAJ=L?D E@KIJIKL?LO>I=ALI=@?LA /,AE?DE@KIJEIJAAJ@KFFI=K L FA@?D@IJ=L?E=F=AAAFKL=J= IJ=@=H@OE@KIJE)>O?DAKIAE=LL@O J?DJIKL?D?LAFAJFKEAALD@ KFH=LAHILHO>H#AEHA= EJAJJ=LD>L@KJLADA @AJHA=KE@KIJLOFJAD@JK =F=?EJOF@ALH?A +"π B @Aπ!"$EJAJB@I=KAAL0Lµ0 ==F=?EJ=+LO@ALµ. 4I=D=F=?EJJAHAAJ=JEJA>LOA AAEJJLHI=DA/,ALJ=F=?EJO JAHAJ=JEJIKA.F. EJ=IJE3?LO =IJ?LO3AIJAH?D=H=JAHEKAL=EJK?LOA=FE@EJHAJD=IJAA= =@EJHA=>L@ADIKIJA@= E@KIJ@OLOJLAHA=>L@@=?LO=I@LD@AJHKAD=IJALOA >K@ALIA@=IJHA=D>L@KJ?A=LEIAJ==IJE3?LO =IJ?LOAA@D=@KJIA@K?F I>A==A/,=HA=EJAJ=F =AAAIEADD@JK=D@JK@=AE@= FEALJFAIKLOKAF=F=KEJAJ 4=@E==JH! =IAL?DO=A!=JAJEJAJIE =A=.>@>=@AIHAE EJJ=FJ=AAAEJAJ@A>K@AL?DO =HLA!. =IJ3F=AA IJ=LEJF@ALH?A 3B.. EJAJ/,KHAFAIEAEIJD IA@L=J==E>HL=KE=FE =AAFFI@AL@IJ=L?ELL=A HOIJ=6=JKHAD@JO=IJE?LOIKIE?A AHEAJ==>K@KLEIAJE=J@==>K@A @D=@L=JEJJO.=. =AFAIJJAJF IJKFKEIJEJH@OAE?LKI3 =3# AJLHJL?DA>FL?D=F A??DLA@A.OE?K@K=NED=>AKJAH>JAA JHE?O@KD"LL@OLOFJAAF@ALH?A "!B @AAH=?L=?ABE?EAJ=NED=>AK K =>AIF2-@EAAJHEA>L$$EJAJ BALO@AL0=@=F=LO@ALAJHA?D 2HDJLAJLHJLDIAK=>AKLOFJAA F@AJDJLH?AAD@KLAJ@O@FL@=??DAJHA>=@=FJHFE@AEFH?AJ==>AKAA2=K>K?H=JKAA? AH=JEKIOL@EIJA@K=>AK=AD FAJA=LAAA@AA?=>AKA/,= >K@AADA@=JAEEJAJFEJAHA FHL=JFAI6F=>K@AEJAJFEJAHA =>A@KDFE>E"LL@O,==>AKA LAIKJAIJE?H=J@OH=@>L@KH= JL=?IOK2K@FJA>KAJAFLIA =>AKFKEJAIJAFIJKF=A@LH?A@I=KJA FHJEFA@?DKFF=@KFLEEJAJ AHOIJ= 4A=EJAJHOIJ=KEIJA@OD =LAAE@KJEL=/,ALD@JFEFH=LA EH?DJOFHOIJ=L?D@HAJAH IKFEFAOIOOIA@L=LEJO2=ALAE I=@HOIJ==L=JA/,=IJHOIJ=K3A LAELOIJ=AFE=@/,AFAILAEIJH =AJA>==@EJFAEL=F=K2HJA=IJHOIJ= 3ALAA@?DAJA=KIJHDLE JJK/,2HJALD@IA@L=J>DAA EJAJ/,=FE=E>H$2E=A @IJ=JA=L=JF?L@EA@?AE= @A?EAJH=FAD@=J@O=FAD L >IJE/,A=FAJA=FKJKFE=A*. EJAJHOIJ=KEJJKJAJ@KA?A= FAI=A?DO>=>LOAALA?D@AIAJEFH?A J=EJAJHOIJ=KAKHEJFAIEFKAFEAD =FA@>L@KIAIFA?EBEL=K=F=?EJK 2AI@=AE@=/,A@OFHL=JE K EJJKJAHAALAIOIJKA@J =FJAD@OFHKAAEHOIJ=KHA>KA= D=HE??DEJJA?D2HLJA=FAIE@=D=H E?EJJOEHOIJ=LL>HKIOJAHAIK KHAO>KA=D=HE?DKF>I> =@DEJJKLO=L=J=K=JELEJK /,==@@AJAJH 8JEK/,AFKJE=@AJAJHFLOFKJ AE?DI?EJHKA>IAAE?D=JELEJO=IJ=LA L@=?DFHLK=@>@K@OI?E=?AFHL KIJ=K8FHLFF=@/,FH=?KA=@E@L ==? @AJAJH=LA@HKDFF=@=HACAAH=JEL@AJAJH IJLEJA@AA>@HKDHAELEI=JOFK /, AIA=FIAJ=JIABKIJIKFAH DAJLDFE=AFHJAADIJI?EJH AFH=?KAA>FH@KKAIEC=AIFHLE JJKJAELJ=L?DFF=@A?DF@AA=IJ I?EJHLAJA/,==L=JAAD?LK=I?E JHLK?LKFE=A2EFH=L/,FA FKJD@@AJAD@KDA@AJA=@KL?DOK E@===AAJAEJAJI?EJHK@OIA J=LL?DO=A>ALI?EJHFH=L@F@> AFH=?KA 7AAJHL?DLL?DAIEL=A>J /,L>HE@EJHAF=H=EJ?DEJJAH LO=@KAKJH=E=?EEJAIAFOOLH>?AAIE L=A=A=FAJA=JALAAJHL?DAIE L=?DAFJA>AFALOI=FJ =IJAJA>=FHLEJBK?EAIEL=JAH FKL=LAIJ=LK=JKH@EAA@AO JALHC=HL?D@LA=F@/,L@AJA @KAIKEJ=EIOFALAEJ JK=HLLO=L2K@/,BLIJKF AAHLEIJEJ@=AIEJAJ@KL /,=@HIECK 2HJA/,AL=IJFA=@EJAI?EJHAA FKL=J=@HIECKFE@IJH=LL=@FE =AAIE?AF=DH=@EJIECCAAHJH =AAAEE?ED@EIFE?EAKEJA2H =IJ=LAHLIECKFKEJAL@EJAEJO I?E=?A>JAL=>KI?LK/, AEFA@=? JAHA@@K?DEFA@=IJOA=L=IJ @HLBIECK=AFKL=JKJAKFHL/, =I=J/, AHLOH>FIJHA=DH=EFH@K?AIA L =>@?DJA>ALK2AEJIJAI /,DK>JH>KHOA>EAHJO@AA =H=EJ=F=IJ=HFIJHA6-5)>H % AA@@K?AIJKAIEJ=LKEJAFIJH FIJ=LEJA@IAA@@K?D=FAIE= JH=EIJHOFK>EL=LAII=F@H>L@O FH==?=JK=FL!IJ=HACL ==JEIKKHEJI?DFELAIL?D=H?DELA?D=JE @==@O=IJ=L>KIKEE=LJEKA LOIJ=EJIAKFLEI>=E >H% EJAH=JKH= 2HK>=EHA=?A)=JHIH=@E)'& 0AA>H=@6H=EIJHLEHA=?A)=JHIH=@E) '%$&!9EAHEHA=?AFH8)=JHIH=@E)'' # ' ==?

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