11/07/2025

˻ ͒͒ ˜ ͓͓͖͑

WЉ ¿’ H# ’¿Ì ¨‰j´Ø¨€j̉ ©ºÐÛÌjº€‰ ĝä‰Ìç j © ‰jĞ

ĝOØj´‰ Щj ²‰ç Ø¿ ¢´¿j´ ɉj€‰Ğ ,6"-" -6.163 $IJOFTF 'PSFJHO .JOJTUFS 8BOH :J TBJE "TJB T TUBCJMJUZ JT LFZ UP HMPCBM TUBCJMJUZ BOE SFBGGJSNFE UIBU $IJOB DPOUJOVFT UP QSJPSJUJTF "TFBO JO JUT OFJHICPVSIPPE EJQMPNBDZ BNJE UIF HSPXJOH NPNFOUVN PG UIF (MPCBM 4PVUI )F TBJE $IJOB SFNBJOT DPNNJUUFE UP UIF QSJODJQMFT PG HPPE OFJHICPVSMJOFTT BOE QFBDF BOE QSPTQFSJUZ UP VQIPME UIF DPODFQU PG ATIBSFE EFTUJOZ BOE DPMMBCPSBUF XJUI "TFBO UP QSPNPUF WBMVFT PG QFBDF DPPQFSBUJPO PQFOOFTT BOE JODMVTJWFOFTT i*O UIJT UJNF PG HMPCBM DIBOHF GBDJOH DIPJDFT PG VOJUZ PS EJWJTJPO BOE QFBDF PS DPOGMJDU XF NVTU MFBSO GSPN IJTUPSZ BOE QSPNPUF B GBJS PSEFSMZ XPSME XJUI JODMVTJWF FDPOPNJD HMPCBMJTBUJPO i IF TBJE JO IJT PQFOJOH SFNBSLT BU UIF "TFBO $IJOB 1PTU .JOJTUFSJBM $POGFSFODF IFME JO DPOKVODUJPO XJUI UIF UI "TFBO 'PSFJHO .JOJTUFST .FFUJOH ".. BOE SFMBUFE NFFUJOHT ZFTUFSEBZ 5IF NFFUJOH XBT DIBJSFE CZ .BMBZTJBO 'PSFJHO .JOJTUFS %BUVL 4FSJ .PIBNBE )BTBO BT $IBJS PG UIF UI ".. 8BOH TBJE UIJT ZFBS NBSLT B NJMFTUPOF GPS "TFBO T EFWFMPQNFOU BOE SFWJUBMJTBUJPO )F TBJE XJUI UIF BEPQUJPO PG UIF "TFBO $PNNVOJUZ 7JTJPO BOE 5JNPS -FTUF T JNNJOFOU BDDFTTJPO "TFBO JT BEWBODJOH UPXBSE HSFBUFS VOJUZ BOE DPMMFDUJWF TUSFOHUI JO BEESFTTJOH DIBMMFOHFT )F BMTP OPUFE UIBU UIJT ZFBS NBSLT B GSVJUGVM ZFBS GPS $IJOB "TFBO DPPQFSBUJPO 5IJT JODMVEFT UIF DPNQMFUJPO PG UIF OFHPUJBUJPOT PO UIF $IJOB "TFBO 'SFF 5SBEF "HSFFNFOU $"'5" 7FSTJPO XJUI UIF TJHOJOH PG UIF QSPUPDPM FYQFDUFE MBUFS UIJT ZFBS o #FSOBNB 9¿ É̿Љ´çةЩº¢ ¿º ’´¿jØ©º¢ ´©ÌjÌç -"#6"/ 5IF 'FEFSBM 5FSSJUPSZ *TMBNJD 3FMJHJPVT "GGBJST %FQBSUNFOU +BXJ IBT DPOGJSNFE UIBU OP $ISJTUJBO QSPTFMZUJTJOH XBT DPOEVDUFE PO CPBSE UIF %PVMPT )PQF DVSSFOUMZ EPDLFE BU .FHBI 1PSU -BCVBO GPMMPXJOH QVCMJD DPODFSOT PWFS JUT CPPL FYIJCJUJPO %PVMPT )PQF B GPSNFS DSVJTF TIJQ TFSWFT BT B GMPBUJOH MJCSBSZ JO TIBMMPX XBUFS QPSUT *O B TUBUFNFOU -BCVBO +BXJ TBJE JUT FOGPSDFNFOU UFBN IBE DPOEVDUFE UIPSPVHI NPOJUPSJOH BOE JOTQFDUJPO i#BTFE PO PVS PCTFSWBUJPO BOE GJOEJOHT OP FGGPSU PS BDUJWJUZ MJOLFE UP UIF EJTTFNJOBUJPO PG $ISJTUJBO UFBDIJOHT XBT EFUFDUFE DPOUSBSZ UP XIBU IBT CFFO BMMFHFE PO WBSJPVT TPDJBM NFEJB QMBUGPSNT i"MM CPPL FYIJCJUJPO BDUJWJUJFT QSPDFFEFE JO BO PSEFSMZ NBOOFS BOE BEIFSFE TUSJDUMZ UP UIF QSPDFEVSFT BOE SFHVMBUJPOT TFU CZ UIF BVUIPSJUJFT w UIF TUBUFNFOU TBJE 5IF EFQBSUNFOU VSHFE UIF QVCMJD OPU UP TQFDVMBUF PS TQSFBE NJTJOGPSNBUJPO UIBU DPVME DBVTF DPOGVTJPO PS VOSFTU 5IF CPPL FYIJCJUJPO PO UIF VQQFS EFDL PG UIF TIJQ GFBUVSFT B EJWFSTF DPMMFDUJPO PG PWFS CPPLT BDSPTT WBSJPVT HFOSFT %PVMPT )PQF BSSJWFE BU -BCVBO QPSU PO +VMZ BT QBSU PG B 4PVUIFBTU "TJBO UPVS *U XJMM SFNBJO JO -BCVBO VOUJM +VMZ o #FSOBNB

BOE TIPVMEO U UBLF PO UIBU SPMF 5IF EBOHFS JT UVSOJOH UIF &1' JOUP B HFOFSBM TBWJOHT BDDPVOU MJLF XIBU XF TBX EVSJOH UIF QBOEFNJD XJUIESBXBMT i5IF &1' JT OPU BO "5. 8IBU T OFYU 6TJOH JU UP QBZ GPS DBS JOTVSBODF PS FWFO QFU JOTVSBODF u 8JMMJBNT BMTP QPJOUFE PVU UIBU &1' IPMET 3. USJMMJPO JO UPUBM GVOET XJUI BCPVU PS 3. CJMMJPO JO "DDPVOU )F TBJE FWFO JG POMZ JT VTFE JU BNPVOUT UP 3. CJMMJPO QPUFOUJBMMZ GMPXJOH UP QSJWBUF JOTVSBODF DPNQBOJFT i*U HJWFT UIF JNQSFTTJPO UIBU UIJT JT NPSF PG B QBUSPOBHF QSPKFDU CFOFGJUJOH JOTVSFST SBUIFS UIBO B HFOVJOF BUUFNQU UP GJY IFBMUIDBSF GJOBODJOH u 8JMMJBNT QSPQPTFE UIBU UIF HPWFSONFOU EFWFMPQ B IPMJTUJD BOE TUSVDUVSFE IFBMUIDBSF GVOEJOH TZTUFN UIBU CFOFGJUT BMM NJMMJPO .BMBZTJBOT i5IF JEFBM NPEFM JT POF JO XIJDI CPUI QVCMJD BOE QSJWBUF IFBMUIDBSF TFSWJDFT BSF BWBJMBCMF CVU QBZNFOUT BSF NBEF CZ UIF HPWFSONFOU "T UIF TPMF QVSDIBTFS UIF HPWFSONFOU XPVME IBWF HSFBUFS DPOUSPM PWFS QSJDFT DPTUT BOE RVBMJUZ u 5P GJOBODF TVDI B TZTUFN IF

HPWFSONFOUT PG 4BCBI BOE 4BSBXBL MFHBM QSBDUJDUJPOFST BDBEFNJDT FOGPSDFNFOU BHFODJFT JOEVTUSZ SFQSFTFOUBUJWFT BOE GPSNFS TFOJPS HPWFSONFOU PGGJDJBMT &JHIU BE IPD FYQFSUT IBWF BMTP CFFO BQQPJOUFE UP DPWFS BSFBT TVDI BT TIJQQJOH QPSU PQFSBUJPOT NBSJUJNF USBJOJOH BOE JOUFSOBUJPOBM TIJQQJOH MBX 5IF SFWBNQ JT FYQFDUFE UP QSPDFFE JO TUBHFT UISPVHIPVU OFYU ZFBS JO MJOF XJUI UIF /BUJPOBM 5SBOTQPSU 1PMJDZ o #Z '"*; 36;."/ TVHHFTUFE JOUSPEVDJOH B F QBZNFOUT UBY XIJDI DPVME HFOFSBUF VQ UP 3. CJMMJPO BOOVBMMZ i"MUFSOBUJWFMZ B A.BMBZTJBO 4VQFSGVOE TJNJMBS UP QFOTJPO TVQFSGVOET JO PUIFS DPVOUSJFT DPVME CF FTUBCMJTIFE UP TUSFOHUIFO SFUJSFNFOU GJOBODJOH u &DIPJOH TJNJMBS DPODFSOT 6OJWFSTJUJ 5FLOPMPHJ .BSB TFOJPS MFDUVSFS %S .PIBNBE *EIBN .E 3B[BL TBJE FDPOPNJDBMMZ IFBMUIDBSF JT CFTU TVQQPSUFE UISPVHI QPPMFE SJTL TZTUFNT TVDI BT OBUJPOBM IFBMUI JOTVSBODF PS UBY GVOEFE QSPHSBNNFT SBUIFS UIBO SFMZJOH TPMFMZ PO JOEJWJEVBM TBWJOHT )F TBJE XIJMF &1' DBO QMBZ B TVQQMFNFOUBSZ SPMF B TUSPOH TPDJBM TBGFUZ OFU FOTVSFT CSPBEFS BDDFTTJCJMJUZ BOE QSFWFOUT VOEVF QSFTTVSF PO SFUJSFNFOU GVOET i3FUJSFNFOU TBWJOHT BSF EFTJHOFE GPS MPOH UFSN TFDVSJUZ XIFSFBT IFBMUIDBSF FYQFOTFT BSF VOQSFEJDUBCMF i" NPSF TVTUBJOBCMF BQQSPBDI DPVME JOWPMWF TFQBSBUF NFDIBOJTNT TQFDJGJDBMMZ GPS IFBMUIDBSF TBWJOHT PS FOIBODFE QVCMJD IFBMUI DPWFSBHF FOTVSJOH UIBU &1' CBMBODFT SFNBJO JOUBDU GPS UIFJS QSJNBSZ QVSQPTF XIJDI JT SFUJSFNFOU u .PIBNBE *EIBN BMTP XBSOFE UIBU GPS MPXFS BOE NJEEMF JODPNF FBSOFST FBSMZ &1' XJUIESBXBMT NBZ SFEVDF UIFJS SFUJSFNFOU TBWJOHT PWFS UJNF EVF UP MPTU DPNQPVOEJOH HSPXUI )F VSHFE QPMJDZNBLFST UP DPOTJEFS DPNQMFNFOUBSZ NFBTVSFT TVDI BT GJOBODJBM FEVDBUJPO PS JODFOUJWFT UP SFQMFOJTI XJUIESBXO BNPVOUT UP IFMQ UIFTF HSPVQT NBJOUBJO BEFRVBUF SFUJSFNFOU GVOET XIJMF BEESFTTJOH JNNFEJBUF IFBMUIDBSF OFFET i1SPWJEJOH GMFYJCJMJUZ GPS &1' DPOUSJCVUPST UP VTF TBWJOHT GPS IFBMUI JOTVSBODF DPVME PGGFS TIPSU UFSN CFOFGJUT i#VU JU T JNQPSUBOU UP CBMBODF UIJT XJUI MPOH UFSN SFUJSFNFOU TFDVSJUZ " XFMM EFTJHOFE PQU JO TZTUFN XJUI DMFBS HVJEFMJOFT PO XJUIESBXBM MJNJUT DPVME IFMQ JOEJWJEVBMT NBLF JOGPSNFE EFDJTJPOT XJUIPVU DPNQSPNJTJOH UIFJS GVUVSF GJOBODJBM TUBCJMJUZ u *O +VOF UIF HPWFSONFOU QSPQPTFE BMMPXJOH &1' NFNCFST UP VTF "DDPVOU TBWJOHT GPS NPOUIMZ IFBMUI JOTVSBODF QSFNJVNT BJNJOH UP FYQBOE DPWFSBHF BT PG IFBMUIDBSF DPTUT BSF DVSSFOUMZ QBJE PVU PG QPDLFU

âÚÏÜÞÝ ÝÙßØÎ ËÖËÜ× ÙàÏÜ áÓÞÒÎÜËáËÖ ÙÐ ÜÏÞÓÜÏ×ÏØÞ ÝËàÓØÑÝ ÐÙÜ ËÕËÐßÖ ÝÍÒÏ×Ϙ ßÜÑÏ ÑÙàÞ ÎÏàÏÖÙÚ ÒÙÖÓÝÞÓ͘ ÝÞÜßÍÞßÜÏÎ ÐߨÎÓØÑ ÞÒËÞ ÌÏØÏÐÓÞÝ ËÖÖ ËÖËãÝÓËØÝ

Ű OFXTEFTL!UIFTVOEBJMZ DPN

QPQVMBUJPO PS OFBSMZ TFWFO NJMMJPO QFPQMF XJMM CF PWFS UIF BHF PG i.PTU XJMM FJUIFS TUPQ XPSLJOH PS IBWF SFEVDFE JODPNF ZFU GBDF SJTJOH MJWJOH DPTUT FTQFDJBMMZ GPS IFBMUIDBSF 6TJOH SFUJSFNFOU GVOET OPX GPS JOTVSBODF DPVME XPSTFO GJOBODJBM JOTFDVSJUZ MBUFS JO MJGF u )F BMTP IJHIMJHIUFE UIBU BMNPTU PG &1' DPOUSJCVUPST BMSFBEZ IBWF JOBEFRVBUF TBWJOHT XJUI IBMG IBWJOH MFTT UIBO 3. i5IFSF BSF TFWFO NJMMJPO .BMBZTJBOT XJUI OP GPSNBM SFUJSFNFOU TDIFNF BU BMM BOE POMZ NJMMJPO &1' NFNCFST BSF DVSSFOUMZ BDUJWF 5IF JEFB PG EFQMFUJOH &1' TBWJOHT GVSUIFS JT B WFSZ CBE JEFB u 8JMMJBNT TUSFTTFE UIBU &1' JT B SFUJSFNFOU GVOE OPU B HFOFSBM QVSQPTF TPDJBM TBGFUZ OFU i*U T OPU EFTJHOFE UP GVODUJPO BT B TPDJBM JOTVSBODF TDIFNF QSPWJEFS

1&5"-*/( +":" )FBMUI .JOJTUFS %BUVL 4FSJ %S %[VMLFGMZ "INBE IBT BTTVSFE UIBU VTJOH UIF &NQMPZFFT 1SPWJEFOU 'VOE &1' "DDPVOU GPS UIF QSPQPTFE .FEJDBM BOE )FBMUI *OTVSBODF 5BLBGVM TDIFNF JT FOUJSFMZ WPMVOUBSZ )PXFWFS FDPOPNJTUT XBSO UIBU GVSUIFS EFQMFUJOH SFUJSFNFOU TBWJOHT JT iB WFSZ CBE JEFBu BOE DPVME DPNQSPNJTF BO JOEJWJEVBM T MPOH UFSN GJOBODJBM TFDVSJUZ &DPOPNJTU 1SPG (FPGGSFZ 8JMMJBNT TBJE UIF &1' T DPSF GVODUJPO JT UP TFDVSF SFUJSFNFOU TBWJOHT B SPMF UIBU CFDPNFT JODSFBTJOHMZ WJUBM BT .BMBZTJB USBOTJUJPOT JOUP BO BHFE TPDJFUZ CZ i#Z UIFO BSPVOE PG UIF

.PIBNBE *EIBN TBJE &1' TBWJOHT BSF GPS MPOH UFSN TFDVSJUZ BOE OPU NFBOU UP GVODUJPO BT B SFTPVSDF GPS JOTVSBODF QSFNJVNT o ".*36- 4:"'*2 5)&46/

'©¢¨ī´‰ä‰´ Øjв ’¿Ì€‰ Ø¿ ¿ä‰Ì¨jÛ´ ¹j̩ة¹‰ ´jåÐ

1653"+":" .BMBZTJB JT TFU UP SFWBNQ JUT NBSJUJNF MBXT XJUI UIF FTUBCMJTINFOU PG B IJHI MFWFM UBTL GPSDF o UIF .BMBZTJB .BSJUJNF -BX 3FWJTJPO BOE 3FGPSN $PNNJUUFF .-33$ o XIJDI XJMM MFBE B DPNQSFIFOTJWF SFWJFX PG UIF OBUJPO T NBSJUJNF MFHBM GSBNFXPSL UIF 5SBOTQPSU .JOJTUSZ BOOPVODFE ZFTUFSEBZ 5IF DPNNJUUFF T GPSNBUJPO BOOPVODFE JO MJOF XJUI UIF QSJNF NJOJTUFS T NBOEBUF PO MFHJTMBUJWF BOE JOTUJUVUJPOBM SFGPSNT VOEFS #VEHFU

MFHJTMBUJWF JOTUSVNFOUT UIF .FSDIBOU 4IJQQJOH 0SEJOBODF .FSDIBOU 4IJQQJOH 0SEJOBODF 4BCBI .FSDIBOU 4IJQQJOH 0SEJOBODF 4BSBXBL UIF 1FOBOH 1PSU $PNNJTTJPO "DU UIF 1PSU "VUIPSJUJFT "DU BOE UIF 1PSU 1SJWBUJTBUJPO "DU $IBJSFE CZ 'FEFSBM $PVSU +VEHF 5BO 4SJ %BUVL /BMMJOJ 1BUINBOBUIBO XJUI )JHI $PVSU "ENJSBMUZ +VEHF 0OH $IFF ,XBO BT EFQVUZ UIF DPNNJUUFF DPNQSJTFT NFNCFST GSPN NJOJTUSZ EFQBSUNFOUT TUBUF

JT QBSU PG B QIBTFE FGGPSU UP TUSFOHUIFO NBSJUJNF HPWFSOBODF i5IF UBTL GPSDF SFGMFDUT UIF HPWFSONFOU T DPNNJUNFOU UP CVJMEJOH B NPEFSO QSPHSFTTJWF BOE SFTQPOTJWF NBSJUJNF MFHBM TZTUFN i"T B USBEJOH OBUJPO EFQFOEFOU PO TIJQQJOH BOE QPSU TFDUPST XJUI PG JUT USBEF DPOEVDUFE WJB TFB .BMBZTJB SFRVJSFT NBSJUJNF MBXT UIBU BSF FGGFDUJWF SFMFWBOU BOE BMJHOFE XJUI JOUFSOBUJPOBM CFTU QSBDUJDFT w UIF NJOJTUSZ TBJE JO B TUBUFNFOU 5IF .-33$ XJMM SFWJFX TJY LFZ

Made with FlippingBook Ebook Creator