09/07/2025

˻ ͚ ˜ ͓͓͖͑

WO дjÉÐ ŗŚơ ØjÌ©’’ ¿º 8j´jçЩjº ‰æÉ¿ÌØÐ ˩ ÒÏ ÜËÞÏ áÓÖÖ ØÙÞ ËÚÚÖã ÓÐ ÖÙÍËÖ ÐÓÜ×Ý ÍÒÙÙÝÏ ÞÙ ÌßÓÖÎ ÙÜ ×ËØßÐËÍÞßÜÏ ÚÜÙÎßÍÞÝ ÓØ ×ÏÜÓÍË˪ Ű ˜ ˜ ˜ ˜ ˛ ˛

K‰ ۀ‰ ̉´©jº€‰ ¿º Щº¢´‰ ¹j̲‰ØÐĘ Ðjç ‰€¿º¿¹©ÐØÐ 1&5"-*/( +":" 5IF 6OJUFE 4UBUFT JNQPTJUJPO PG B UBSJGG PO BMM JNQPSUT GSPN .BMBZTJB GSPN "VH TIPVME TFSWF BT B XBLF VQ DBMM GPS UIF OBUJPO UP SFGPSN JUT USBEF TUSBUFHZ SFEVDF SFMJBODF PO TJOHMF NBSLFUT BOE NPWF VQ UIF WBMVF DIBJO TBZ FDPOPNJTUT i5IJT UBSJGG XJMM VOEPVCUFEMZ JNQBDU .BMBZTJB T FYQPSUT JO UIF TIPSU UFSN CVU JU DPVME BMTP TFSWF BT B USJHHFS GPS NVDI OFFEFE FDPOPNJD SFGPSN w TBJE 5BZMPS T 6OJWFSTJUZ JOOPWBUJWF NBOBHFNFOU QSBDUJDFT SFTFBSDI DMVTUFS MFBE 1SPG %S 1PPO 8BJ $IJOH 4IF TBJE LFZ FYQPSUT TVDI BT FMFDUSPOJDT QBMN PJM SVCCFS HMPWFT BOE NBDIJOFSZ XPVME MJLFMZ GBDF TIBSQ EFDMJOFT JO 64 EFNBOE SFTVMUJOH JO SFWFOVF MPTTFT BOE CSPBEFS SJQQMF FGGFDUT PO UIF SJOHHJU BOE JOWFTUNFOU TFOUJNFOU i*O UIF MPOH SVO .BMBZTJB DPVME VOEFSHP TUSVDUVSBM BEKVTUNFOUT FYQBOE JUT FYQPSU NBSLFUT UP SFEVDF SFMJBODF PO UIF 64 BOE NPWF VQ UIF WBMVF DIBJO UISPVHI JOOPWBUJPO BOE IJHIFS WBMVF NBOVGBDUVSJOH w 1PPO TBJE XIJMF .BMBZTJB JT BMSFBEZ QBSU PG TFWFSBM USBEF BHSFFNFOUT NPSF NVTU CF EPOF UP QSPNPUF IJHI WBMVF NBOVGBDUVSJOH BOE MPOH UFSN SFTJMJFODF BDSPTT LFZ JOEVTUSJFT 6OJWFSTJUJ 1VUSB .BMBZTJB 1VUSB #VTJOFTT 4DIPPM "TTPD 1SPG %S *EB .E :BTJO TBJE UIF NPWF SFGMFDUT B CSPBEFS TIJGU JO 64 USBEF QPMJDZ GSPN GSFF USBEF UP QSPUFDUJPOJTN NBLJOH GVUVSF USBEF XJUI UIF 64 MFTT QSFEJDUBCMF i8JUI UIJT UBSJGG PVS QSPEVDUT JOTUBOUMZ CFDPNF NPSF FYQFOTJWF *G TPNFUIJOH DPTUT 3. JU CFDPNFT 3. JO UIF 64 4P DPOTVNFST NBZ OPU CVZ PVS QSPEVDUT w 4IF TBJE UIF JNNFEJBUF JNQBDU XPVME CF GFMU JO FMFDUSJDBM BOE FMFDUSPOJDT FYQPSUT B DPSOFSTUPOF PG .BMBZTJB T USBEF XJUI UIF 64 i*O UIF TIPSU UFSN PG DPVSTF .BMBZTJB XJMM CF BGGFDUFE #VU JO UIF MPOH UFSN XF OFFE UP GJOE OFX QBSUOFST BOE FOIBODF PVS TVQQMZ DIBJO UP CF NPSF SFTJMJFOU 5IJT JT B SFNJOEFS UP SFEVDF EFQFOEFODZ BOE EJWFSTJGZ XJTFMZ w 6OJWFSTJUJ 5FLOPMPHJ .BSB &DPOPNJDT BOE 'JOBODJBM 4UVEJFT %FQBSUNFOU TFOJPS MFDUVSFS %S .PIBNBE *EIBN .E 3B[BL TBJE UIF HPWFSONFOU OFFET B DMFBS BOE JNNFEJBUF NVMUJ QSPOHFE TUSBUFHZ UP SFTQPOE i*O UIF TIPSU UFSN FYQPSUFST XJMM GBDF IJHIFS DPTUT NBLJOH JU NPSF EJGGJDVMU UP DPNQFUF JO UIF 64 NBSLFU &YQPSU WPMVNFT NBZ BMTP EFDMJOF w )F VSHFE UIF HPWFSONFOU UP OFHPUJBUF GPS FYFNQUJPOT PO DSJUJDBM HPPET TVDI BT NFEJDBM TVQQMJFT BOE TFNJDPOEVDUPST i*G UIF UBSJGGT CSFBDI JOUFSOBUJPOBM USBEF SVMFT XF TIPVME BMTP DPOTJEFS EJTQVUF SFTPMVUJPO WJB UIF 8PSME 5SBEF 0SHBOJTBUJPO w *EIBN DBMMFE GPS FYQPSU TVQQPSU GJOBODJBM BJE BOE TVQQMZ DIBJO VQHSBEFT FTQFDJBMMZ GPS JOEVTUSJFT MPPLJOH UP QJWPU UP OFX NBSLFUT i8F NVTU PQFO VQ OFX FYQPSU BWFOVFT RVJDLMZ XIJMF JNQSPWJOH QSPEVDUJWJUZ UISPVHI BVUPNBUJPO BOE JOOPWBUJPO i8F TIPVME BWPJE SFUBMJBUPSZ UBSJGGT VOMFTT BCTPMVUFMZ OFDFTTBSZ 5IF GPDVT NVTU CF PO MPOH UFSN FDPOPNJD SFTJMJFODF w /VTBOUBSB "DBEFNZ PG 4USBUFHJD 3FTFBSDI TFOJPS GFMMPX 1SPG %S "[NJ )BTTBO CFMJFWFT .BMBZTJB TUJMM IBT SPPN UP NBOPFVWSF CVU NVTU BDU TUSBUFHJDBMMZ i*G ZPV MPPL DBSFGVMMZ BU 5SVNQ T MFUUFS BOE UIF MBOHVBHF VTFE JU TIPXT XF TUJMM IBWF SPPN UP OFHPUJBUF w )F TBJE 7JFUOBN XIJDI TBX JUT UBSJGG SBUF SFEVDFE UP EJE TP CZ PGGFSJOH GVMM NBSLFU BDDFTT UP 64 HPPET i.BMBZTJB IBTO U EPOF UIBU BOE UIBU HJWFT VT TPNF MFWFSBHF w "[NJ TBJE .BMBZTJB IBE BWPJEFE IBSTIFS QFOBMUJFT SFMBUFE UP USBOT TIJQNFOU WJPMBUJPOT BO JTTVF UIBU IBT QMBHVFE 7JFUOBN i5SVNQ TFFT 7JFUOBN BT B CJHHFS UISFBU .BMBZTJB JTO U TFFO UIF TBNF XBZ BOE UIBU HJWFT VT BO BEWBOUBHF JG XF OFHPUJBUF TNBSUMZ w

,6"-" -6.163 5IF 6OJUFE 4UBUFT XJMM JNQPTF B CMBOLFU UBSJGG PO BMM .BMBZTJBO FYQPSUT TUBSUJOH "VH TFQBSBUF GSPN BMM TFDUPSBM UBSJGGT 5IF VQEBUFE SBUF JT B OPUDI IJHIFS UIBO UIF BOOPVODFE JO "QSJM *O B MFUUFS UP 1SJNF .JOJTUFS %BUVL 4FSJ "OXBS *CSBIJN TIBSFE PO IJT 5SVUI 4PDJBM BDDPVOU PO .POEBZ 64 1SFTJEFOU %POBME 5SVNQ TBJE UIF IJHIFS UBSJGG TUJMM JT OPU FOPVHI UP GJY UIF USBEF JNCBMBODF CFUXFFO UIF UXP DPVOUSJFT )PXFWFS UIF MFUUFS PGGFSFE B XBZ PVU m UIF UBSJGG XPO U BQQMZ JG .BMBZTJB PS DPNQBOJFT XJUI UIF DPVOUSZ DIPPTF UP CVJME PS NBOVGBDUVSF QSPEVDUT JO UIF 64 5SVNQ QSPNJTFE TQFFEZ BQQSPWBMT GPS TVDI JOWFTUNFOUT TBZJOH 8BTIJOHUPO XPVME DMFBS UIFN iJO B NBUUFS PG XFFLTu )F BMTP XBSOFE UIBU JG .BMBZTJB SFTQPOET XJUI JUT PXO UBSJGGT UIF 64 XPVME TJNQMZ TUBDL UIPTF PO UPQ PG UIF SBUF .BMBZTJB IBT CFFO JO UBMLT XJUI 8BTIJOHUPO TJODF "QSJM UP CSJOH EPXO UIF FBSMJFS UBSJGG XJUI UIF MBUFTU SPVOE IFME PO +VOF 5IF BOOPVODFNFOU MBOET KVTU BT 64 4FDSFUBSZ PG 4UBUF .BSDP 3VCJP UPVDIFT EPXO JO ,VBMB -VNQVS GPS UIF "TFBO 64 1PTU .JOJTUFSJBM $POGFSFODF BOE PUIFS NFFUJOHT VOEFS UIF UI "TFBO 'PSFJHO .JOJTUFST .FFUJOH XIJDI LJDLFE PGG ZFTUFSEBZ *OWFTUNFOU 5SBEF BOE *OEVTUSZ .JOJTUFS %BUVL 4FSJ 5FOHLV ;BGSVM 1&5"-*/( +":" $PODFSOT BSF NPVOUJOH UIBU QSJDFT PG HPPET JO .BMBZTJB DPVME SJTF XIFO UIF UBSJGG IJLF DPNFT JOUP GPSDF PO "VH $POTVNFST GFBS UIF NPWF DPVME TQBSL B DIBJO SFBDUJPO BDSPTT HMPCBM TVQQMZ OFUXPSLT QVTIJOH VQ QSJDFT FTQFDJBMMZ PG FMFDUSPOJDT 0OF "QQMF VTFS XIP XJTIFE UP CF LOPXO POMZ BT "MFY TBJE IF NBZ EFMBZ QMBOT UP VQHSBEF IJT J1IPOF EVF UP DPTU VODFSUBJOUJFT i* WF CFFO VTJOH NZ J1IPOF GPS ZFBST BOE XBT QMBOOJOH UP CVZ B OFXFS NPEFM TPPO *G .BMBZTJBO NBEF DPNQPOFOUT BSF BGGFDUFE "QQMF NJHIU QBTT PO UIF DPTUT 5IBU DPVME QVTI QSJDFT VQ CZ B GFX IVOESFE PS FWFO B UIPVTBOE SJOHHJU w

"CEVM "[J[ TBJE JO B QPTU PO IJT 'BDFCPPL QBHF UIBU .BMBZTJB JT DBMMJOH GPS EJBMPHVF BOE DPOTUSVDUJWF FOHBHFNFOU XJUI UIF 64 GPMMPXJOH 8BTIJOHUPO T EFDJTJPO 5FOHLV ;BGSVM TBJE .BMBZTJB BDLOPXMFEHFT 64 DPODFSOT PWFS USBEF JNCBMBODFT CVU CFMJFWFT VOJMBUFSBM BDUJPO DPVME IBSN CPUI FDPOPNJFT i8IJMF XF BDLOPXMFEHF DPODFSOT PWFS USBEF JNCBMBODFT XF CFMJFWF UIBU EJBMPHVF BOE FOHBHFNFOU BSF UIF CFTU BQQSPBDIFT UP BEESFTT TVDI JTTVFT u 5IF 64 JT .BMBZTJB T TFDPOE MBSHFTU USBEJOH QBSUOFS BOE JUT UPQ FYQPSU EFTUJOBUJPO *O UPUBM USBEF CFUXFFO CPUI DPVOUSJFT SFBDIFE 3. CJMMJPO i5IJT EFFQMZ JOUFSUXJOFE FDPOPNJD SFMBUJPOTIJQ QMBZT B WJUBM SPMF JO TVQQPSUJOH KPCT BOE ESJWJOH FDPOPNJD HSPXUI JO CPUI DPVOUSJFTu TBJE 5FOHLV ;BGSVM )F TBJE .BMBZTJB SFNBJOT DPNNJUUFE UP SFTPMWJOH USBEF SFMBUFE NBUUFST UISPVHI EJTDVTTJPO BOE EJQMPNBDZ i5IF NJOJTUSZ XJMM DPOUJOVF EJTDVTTJPOT XJUI PVS 64 DPVOUFSQBSUT UP SFTPMWF PVUTUBOEJOH NBUUFST 0VS BJN JT UP BDIJFWF B CBMBODFE NVUVBMMZ CFOFGJDJBM BOE DPNQSFIFOTJWF USBEF BHSFFNFOU u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i445 JODSFBTFT GSPN JOTJEF 5BSJGG QSFTTVSFT GSPN PVUTJEF $JUJ[FOT HFU TBOEXJDIFE JO UIF NJEEMFw IF XSPUF !LFOLFO RVFTUJPOFE UIF GBJSOFTT PG 64 USBEF QPMJDZ TBZJOH 7JFUOBN TUJMM HPU TMBQQFE XJUI B UBSJGG EFTQJUF HJWJOH JO UP 64 EFNBOET i5IFSF T OP QPJOU OFHPUJBUJOH .BMBZTJB TIPVME FYQMPSF PUIFS NBSLFUTw IF TBJE

8IBU JT B 5BSJGG % XEVMJJ MW E XE\ MQTSWIH F] E KSZIVRQIRX SR KSSHW MQTSVXIH JVSQ SXLIV GSYRXVMIW -X VEMWIW XLI GSWX SJ XLSWI KSSHW JSV HSQIWXMG FY]IVW SJXIR XS TVSXIGX PSGEP MRHYWXVMIW JVSQ JSVIMKR GSQTIXMXMSR ĩĈŸĈ ÝŸĈ ƇƤŕ ŋÝĭō ƇƪŴĈžɔ

$' 9$/25(0 7$5,))6

63(&,),& 7$5,))6

'LEVKIH EW E TIVGIRXEKI SJ XLI ZEPYI I K SJ XLI TVSHYGX W TVMGI

% JM\IH EQSYRX I K 61 TIV YRMX

8IZ EP DPVOUSJFT JNQPTF UBSJGGT 8S TVSXIGX PSGEP MRHYWXVMIW 8S TYRMWL SV TVIWWYVI XVEHI TEVXRIVW 8S VIHYGI XVEHI HIJMGMXW

8S KIRIVEXI KSZIVRQIRX VIZIRYI

)08 5"3*''4 "''&$5 53"%&

-QTSVXIH KSSHW FIGSQI QSVI I\TIRWMZI 8LI EJJIGXIH GSYRXV] QMKLX VIXEPMEXI

4ISTPI QE] FY] JI[IV JSVIMKR TVSHYGXW 7YTTP] GLEMRW GER KIX HMWVYTXIH

JO UIJT DBTF

8LI 97 LEW MQTSWIH E XEVMJJ SR EPP 1EPE]WMER MQTSVXW 8LMW QIERW ER] 1EPE]WMER QEHI TVSHYGX IRXIVMRK XLI 97 RS[ GSWXW E UYEVXIV QSVI QEOMRK MX LEVHIV XS GSQTIXI EKEMRWX PSGEP SV XEVMJJ JVII KSSHW

*.1"$5 1EPE]WMER I\TSVXIVW QE] PSWI 97 GYWXSQIVW GYX TVSHYGXMSR SV WLMJX JSGYW XS SXLIV QEVOIXW

4FF BMTP QBHF

8j´jçЩjºÐ €¿º€‰Ìº‰ j¿ÛØ ÉÌ©€‰ ¨©²‰Ð

5PQ .BMBZTJBO 1SPEVDUT "GGFDUFE CZ 64 5BSJGGT &EWIH SR XVEHI HEXE XLI 97 XEVMJJW [MPP LMX XLIWI 1EPE]WMER I\TSVXW XLI LEVHIWX

(OHFWULFDO (OHFWURQLFV ( (

5XEEHU %DVHG 3URGXFWV

3DOP 2LO 'HULYDWLYHV

)XUQLWXUH

7H[WLOHV $SSDUHO

æÉ¿ÌØī ‰É‰º ‰ºØ H‰ºjº¢ ´©²‰´ç Ø¿ ‰ ¨©Ø j ´çĚ 8 1&5"-*/( +":" 1FOBOH $IJFG .JOJTUFS $IPX ,PO :FPX IBT SBJTFE BMBSN PWFS UIF 6OJUFE 4UBUFT EFDJTJPO UP JNQPTF B UBSJGG PO .BMBZTJBO FYQPSUT XBSOJOH UIBU UIF NPWF DPVME IBWF TFSJPVT SFQFSDVTTJPOT PO 1FOBOH T FDPOPNZ BOE .BMBZTJB T CSPBEFS USBEF TUBOEJOH FYFNQUFEw IF TBJE JO B TUBUFNFOU ZFTUFSEBZ )F BMTP DBVUJPOFE UIBU VOFWFO UBSJGG TUSVDUVSFT BDSPTT "TFBO DPVME EJTSVQU USBEF GMPXT BOE SFTIBQF JOWFTUPS EFDJTJPOT JO UIF SFHJPO i7BSJBUJPOT JO UBSJGG SBUFT BDSPTT UIF "TFBO SFHJPO DPVME EJTUPSU USBEF EZOBNJDT BOE JOGMVFODF GVUVSF JOWFTUNFOU EFDJTJPOT UISPVHIPVU UIF SFHJPO w

TFNJDPOEVDUPS JOEVTUSZ w $BMMJOH GPS VSHFOU GFEFSBM JOUFSWFOUJPO $IPX VSHFE 1VUSBKBZB UP SBNQ VQ EJQMPNBUJD FGGPSUT XJUI 8BTIJOHUPO UP OFHPUJBUF B SFEVDFE UBSJGG SBUF BOE UBDLMF OPO UBSJGG CBSSJFST UIBU UISFBUFO .BMBZTJB T DPNQFUJUJWFOFTT i1FOBOH XJMM DPOUJOVF UP XPSL XJUI UIF GFEFSBM HPWFSONFOU BOE JOEVTUSZ QMBZFST UP TBGFHVBSE OBUJPOBM FDPOPNJD JOUFSFTUT w )F SFBGGJSNFE UIF TUBUF T DPNNJUNFOU UP MPOH UFSN FDPOPNJD SFTJMJFODF i5IF TUBUF XJMM BMTP SFNBJO DPNNJUUFE UP FOIBODJOH JOGSBTUSVDUVSF TUSFBNMJOJOH CVTJOFTT QSPDFTTFT BOE JNQSPWJOH UIF DPTU PG EPJOH CVTJOFTT UP TVTUBJO JUT SPMF BT B WJUBM IVC JO UIF HMPCBM TVQQMZ DIBJO w

$IPX TBJE UIF UBSJGG XPVME IJU 1FOBOH QBSUJDVMBSMZ IBSE BT UIF TUBUF JT BNPOH UIF DPVOUSZ T NPTU FYQPSU EFQFOEFOU FDPOPNJFT BOE B LFZ OPEF JO HMPCBM TVQQMZ DIBJOT #FUXFFO +BOVBSZ BOE .BZ UIJT ZFBS 1FOBOH BDDPVOUFE GPS PG .BMBZTJB T UPUBM FYQPSUT UP UIF 64 WBMVFE BU 3. CJMMJPO i1FOBOH JT EFFQMZ JOUFHSBUFE JOUP HMPCBM WBMVF DIBJOT BOE TVDI B CSPBE UBSJGG QPTFT BO FDPOPNJD SJTL FWFO JG TFNJDPOEVDUPST BSF DVSSFOUMZ

$IPX TBJE NVDI PG 1FOBOH T FYQPSU WBMVF TUFNT GSPN "NFSJDBO NVMUJOBUJPOBM DPSQPSBUJPOT PQFSBUJOH JO UIF TUBUF NBOZ PG XIJDI NBOVGBDUVSF GJOJTIFE QSPEVDUT PS DSVDJBM DPNQPOFOUT GPS SF FYQPSU UP UIF 64 i&MFDUSJDBM NBDIJOFSZ BOE FRVJQNFOU DPOTUJUVUFE PG 1FOBOH T FYQPSUT UP UIF 64 XJUI B MBSHF TIBSF ESJWFO CZ UIF