AB842

86%&DEOHV 86%)LUHZLUH&RQQHFWRUV DQG$GDSWHUVIRU3&%0RXQW &DEOH$VVHPEOLHV &DWH &DW3DWFK DQG5DZ&DEOHV 0RGXODU-DFNVDQG3OXJV 7RROVDQG&DEOH7HVWHUV .90&RQQHFWLRQ&DEOHV &RPSXWHU'DWD&DEOHV DQG$GDSWHUV $XGLR9LGHR&DEOHV DQG$GDSWHUV 3RZHU&RUGV 6&6,&DEOHVDQG7HUPLQDWRUV )LEHU2SWLF&DEOHV $GDSWHUVDQG7RROV &$%/(&$7$/2* 7KLUG(GLWLRQ $660$11(OHFWURQLFV&DEOH$VVHPEO\6SHFLDOLVWV :KRDUHZH" $660$11 (OHFWURQLFV LV D ZRUOGZLGH PDQXIDFWXUHU RI FDEOH DVVHPEOLHV FRQQHFWRUV DQG KHDWVLQNV ZLWK RYHU  \HDUV H[SHULHQFH LQ TXDOLW\ PDQXIDFWXULQJ 2XU KHDG RI¿FH LV LQ /XHGHQVFKHLG*HUPDQ\DQGZHKDYHVDOHVRI¿FHVLQ(XURSH $VLDDQGWKH8QLWHG6WDWHV :KDWFDQZHGRIRU\RX" :HDW$660$11SULGHRXUVHOYHVRQTXDOLW\SURGXFWVFRPSHWLWLYH SULFLQJDQGRQWLPHGHOLYHU\7KURXJKRXUGLVWULEXWLRQSDUWQHUV DQG D WHFKQLFDOO\ WUDLQHG VDOHV VWDII ZH FDQ DVVLVW \RX LQ DOO DVSHFWV RI SURGXFW GHVLJQ DQG SURGXFWLRQ$660$11 LV D 8/ FHUWL¿HG PDQXIDFWXUHU IRU FDEOH DVVHPEOLHV DQG FDQ SURYLGH )&&DSSURYHGSURGXFWV 3URGXFW'HVLJQ6XSSRUW &XVWRP3URWRW\SHV $SDUWIURPRXUIXOOOLQHRIVWDQGDUGFDEOHDVVHPEOLHV$660$11 RIIHUVFXVWRPFDEOHDVVHPEOLHVIRUQHZRUFXUUHQWSURMHFWV:H FDQSURYLGHGUDZLQJVIRUFXVWRPSURWRW\SHVZLWKLQGD\VDQG VDPSOHVLQOHVVWKDQGD\V ,QYHQWRU\0DQDJHPHQW  &RQWURO $660$11 ZLOO VWRFN DGGLWLRQDO LQYHQWRU\ WR PHHW \RXU QHHGV DQGVXSSRUWSURGXFWLRQF\FOHV 2IIVKRUH0DQXIDFWXULQJ :H FRQWURO WKH TXDOLW\ DWRXU PDQXIDFWXULQJ IDFLOLWLHV LQ (XURSH DQG)DU(DVW$OOSURGXFWVDUHVXEMHFWWRFRQWLQXDOTXDOLW\FRQWURO $660$11(OHFWURQLFVLV,62FHUWL¿HGDQGRQO\ZRUNVZLWK FHUWL¿HGFRQWUDFWPDQXIDFWXUHUV$OORZRXUYROXPHSXUFKDVLQJRI PDWHULDOVWRSDVVRQVDYLQJVWR\RXWKHFXVWRPHU 5HOLDELOLW\ 'HSHQGDELOLW\ $660$11 (OHFWURQLFV KDV EHHQ IRFXVHG RQ FRQQHFWLYLW\ SURGXFWV IRU RYHU  \HDUV :H FRQWLQXH WR JURZ DQG KDYH EHFRPHRQHRIWKHODUJHVWFRPSDQLHVRIRXUW\SHLQ(XURSH 7KH$660$11$GYDQWDJH 'HSHQGLQJRQWKHFRPSOH[LW\RI\RXUUHTXLUHPHQWVDQGWLPH FRQVWUDLQWV$660$11VDOHVUHSUHVHQWDWLYHVFDQSURYLGHD FRPSUHKHQVLYHTXRWDWLRQYLDHPDLORUID[6LPSO\SURYLGHXV ZLWK\RXUVSHFL¿FDWLRQVGUDZLQJVRUDVDPSOHDQGZHZLOO WDNHFDUHRIWKHUHVW6KRXOG\RXUHTXLUHDGGLWLRQDOGHVLJQ DVVLVWDQFHZHZLOOEHKDSS\WRKHOS\RX &DOOXVWROOIUHH$660$11 RUHPDLOXVDWVDOHV#XVDDVVPDQQFRP 7DEOHRI&RQWHQWV 3URGXFWV3DJH 3URGXFWV3DJH 86%&DEOHV  86%&DEOHV   86%DQG&DEOHVDQG$GDSWHUV   )LUHZLUH&DEOHVDQG$GDSWHUV   86%3&,$GG2Q&DUGVDQG$GDSWHUV   86%$GDSWHUV  86%IRU3&%PRXQWLQJ$%YHUVLRQ   86%YHUVLRQ$%DQJOHG607  86%YHUVLRQ$%WRSHQWU\  86%YHUVLRQ%7RSHQWU\607  86%YHUVLRQ$6LGH(QWU\XOWUDÀDW  86%YHUVLRQ$3RUW 86%YHUVLRQ$3RUW 86%YHUVLRQ$6LGH(QWU\XOWUDÀDWYHUWLFDO 86%YHUVLRQ%0LQLSROHV 86%YHUVLRQ%0LQLSROHV60'  86%$%$VVHPEO\7\SH  ,(((IRU3&%PRXQWLQJYHUWLFDODQGKRUL]RQWDOYHUVLRQ ,(((IRU3&%PRXQWLQJ60'YHUVLRQ ,(((IRU3&%PRXQWLQJƒYHUVLRQ7RS(QWU\ &DEOHDVVHPEOLHV &$7H3DWFK&DEOHV  &$7H3DWFK &URVVRYHU&DEOHV  &$7H&$73DWFK &URVVRYHU&DEOHV &$7DQG&$73DWFK &URVVRYHU&DEOHV &$7H&$75DZ&DEOHV  &$75DZ&DEOHV  0RGXODU-DFNVƒIRU3&%PRXQWLQJ 0RGXODU-DFNVƒIRU3&%PRXQWLQJORZSUR¿OH  0RGXODU-DFNVƒIRU3&%PRXQWLQJVKLHOGHG  0RGXODU-DFNVƒ60'YHUVLRQZLWK%RDUG/RFNV  0RGXODU-DFNVƒ60'YHUVLRQ 0RGXODU-DFNVƒ60'YHUVLRQVLGHE\VLGHVWDFNDEOH 0RGXODU-DFNVƒWRSHQWU\ 0RGXODU-DFNVƒWRSHQWU\VKLHOGHG  0RGXODU-DFNVƒ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‡8/6W\OH )ODWFDEOHV$:*PPSLWFK  )ODWFDEOHDVVHPEOLHV  6&6,DQG5RXQG&DEOHV([WHUQDO 6&6,5RXQG&DEOHV([WHUQDO  +RRGVIRU'6XEFRQQHFWRUVVQDSLQORFN 6&6,PPIRU3&%PRXQWLQJVWUDLJKW81&  6&6,PPZLWK,'&WHFKQLTXH81&  '9,FRQQHFWRUVƒDQJOHG)HPDOHIRU3&%PRXQWLQJ  )LOWHUHG'6XEFRQQHFWRUV  /9'7HUPLQDWRUV  6&6,7HUPLQDWRUV,QWHUQDODQG([WHUQDO 6&6,7HUPLQDWRUV6&$$GDSWHUV 6&$DQG6&6,$GDSWHUV  6&6,$GDSWHU([WHUQDODQGRQ6ORW%UDFNHW  &,6&25RXWHU&DEOHV  $VVHPEOHG)LEHU2SWLF3DWFK&DEOHVWR*ELW  $VVHPEOHG)LEHU2SWLF3DWFK&DEOHVWRDQG*ELW )LEHU2SWLF3LJWDLOVWRDQG*ELW )LEHU2SWLF,QGRRUDQG2XWGRRU&DEOHV  )LEHU2SWLF%UHDNRXW$GDSWHU&DEOHV  )LEHU2SWLF&DEOH6\VWHPZLWK)HHGLQJ$VVLVWDQFH  )LEHU2SWLF&DEOH6\VWHP´6SOLFH%R[HV )LEHU2SWLF&RQQHFWRUV&RXSOLQJVDQG$GDSWHUV  )LEHU2SWLF7RROV  3DJH 86%&DEOHV +LJK4XDOLW\86%&RQQHFWLRQ&DEOH 86%$ PDOH Ù86%%PDOH [$:*[$:*GRXEOHFDEOHVKLHOGLQJ &DEOH WUDQVSDUHQW 0ROGHGKRRGVPHWDOOLFVKLHOGLQJ 86%FRPSDWLEOH 86%&DEOH$WR% 86%$ PDOH Ù86%%PDOH 'RXEOHVKLHOGHG &DEOH8/[$:*[$:* 86%FRPSDWLEOH 86%([WHQVLRQ&DEOH 86%$PDOH Ù86%$IHPDOH 'RXEOHVKLHOGHG &DEOH8/[$:*[$:* 86%FRPSDWLEOH 86%&DEOH7UDQVSDUHQW'HVLJQ 86%$ PDOH Ù 86%%PDOH PORQJGRXEOHVKLHOGHG &DEOH8/[$:*[$:* 86%FRPSDWLEOH 3DJH 86%&DEOHV 86%&DEOH%WR% 86%% PDOH Ù 86%%PDOH 'RXEOHVKLHOGHG &DEOH8/[$:*[$:* 86%FRPSDWLEOH 86%0LQL&DEOH 86%$PDOHÙ 86%%0LQLSLQPDOH 'RXEOHVKLHOGHG &DEOH8/[$:*[$:* 86%DQGFRPSDWLEOH 86%0LQL&DEOH 86%$PDOHÙ 86%%0LQLSLQPDOH 'RXEOHVKLHOGHG &DEOH8/[$:*[$:* 86%DQGFRPSDWLEOH 86%$GDSWHU 9DULRXVW\SHVVWUDLJKWRUDQJOHGYHUVLRQPROGHG J J J  J 3DJH 86%&DEOHV 86%&DEOH$WR% 86%$ PDOHÙ86%%PDOH 'RXEOHVKLHOGHG &DEOH8/[$:*[$:* 86%FRPSDWLEOH 86%&DEOH$WR$ 86%$PDOH Ù86%$PDOH 'RXEOHVKLHOGHG &DEOH8/[$:*[$:* 86%FRPSDWLEOH  86%([WHQVLRQ&DEOH 86%$PDOH Ù86%$IHPDOH 'RXEOHVKLHOGHG &DEOH8/[$:*[$:* 86%FRPSDWLEOH  86%&DEOH7UDQVSDUHQW'HVLJQ 86%$ PDOH Ù 86%%PDOH PORQJGRXEOHVKLHOGHG &DEOH8/[$:*[$:* 86%FRPSDWLEOH J 86%([WHQVLRQ&DEOHL0DF 86%$PDOH Ù86%$IHPDOH 'RXEOHVKLHOGHG &DEOH8/[$:*[$:* 6LPLODU DSSHDUDQFH 86%FRPSDWLEOH 86%&DEOH%WR% 86%% PDOH Ù86%%PDOH 'RXEOHVKLHOGHG &DEOH8/[$:*[$:* 86%FRPSDWLEOH 3DJH 86%DQG&DEOHVDQG$GDSWHUV 86%0LQL&DEOH 86%$PDOHÙ86%%0LQLSLQPDOH 'RXEOHVKLHOGHG &DEOH8/[$:*[$:* 86%DQGFRPSDWLEOH 86%0LQL&DEOH 86%$PDOHÙ86%%0LQLSLQPDOH 'RXEOHVKLHOGHG &DEOH8/[$:*[$:* 86%DQGFRPSDWLEOH 86%0DLQERDUG$GDSWHURQ6ORW%UDFNHW $.   [86%$IHPDOHÙ [SLQVRFNHWFRQQ PP $.  [86%$IHPDOHÙ [SLQVRFNHWFRQQ PP $. [86%$IHPDOHÙ [SLQVRFNHWFRQQ PP $. [86%$IHPDOHÙ [SLQVRFNHWFRQQ PP 86%FRPSDWLEOH&DEOHZLUH$:* 'RXEOHVKLHOGHGFDEOHOHQJWKP 86%&DEOH$WR% 86%$ PDOH Ù86%%PDOH 'RXEOHVKLHOGHG &DEOH8/[$:*[$:* 86%FRPSDWLEOHDQGFHUWL¿HG  86%&DEOH$WR$ 86%$ PDOH Ù86%$PDOH 'RXEOHVKLHOGHG &DEOH8/[$:*[$:* 86%FRPSDWLEOHDQGFHUWL¿HG 86%$GDSWHU 9DULRXVW\SHVVWUDLJKWRUDQJOHGYHUVLRQPROGHG 3DJH )LUHZLUH&DEOHVDQG$GDSWHUV ,(((&DEOH &DEOHIRUFRQQHFWLRQRI,(((FRPSDWLEOHGHYLFHVHJ YLGHRFDPHUDVH[WHUQDO&''9'GULYHVHWF 7KHPD[LPXPGDWDWUDQVIHUUDWHLV0ESV PDOH Ù PDOH $. $. $. $. 3,1 Ù 3,1 3,1 Ù 3,1 3,1 Ù 3,1 3,1 Ù 3,1 ,(((&DEOH &DEOHIRUFRQQHFWLRQRI,(((FRPSDWLEOHGHYLFHVHJ YLGHRFDPHUDVH[WHUQDO&''9'GULYHVHWF 7KHPD[LPXPGDWDWUDQVIHUUDWHLV0ESV PDOH Ù PDOH $. $. $. $. 3,1Ù3,1 3,1Ù 3,1 3,1Ù 3,1 3,1Ù3,1 ,(((&DEOH &DEOHIRUFRQQHFWLRQRI,(((FRPSDWLEOHGHYLFHVHJ YLGHRFDPHUDVH[WHUQDO&''9'GULYHVHWF 7KHPD[LPXPGDWDWUDQVIHUUDWHLV0ESV PDOH Ù PDOH $. $. $. $. 3,1 Ù 3,1 3,1 Ù 3,1 3,1 Ù 3,1 3,1 Ù 3,1 ,((($GDSWHU $% SLQIHPDOHÙSLQPDOH $% SLQIHPDOHÙSLQIHPDOH S S ,((($GDSWHU $% SLQPDOHÙSLQPDOH $% SLQIHPDOHÙSLQIHPDOH S ,((($GDSWHU $%SLQPDOH Ù SLQPDOH $%SLQIHPDOH Ù SLQIHPDOH $%SLQIHPDOH Ù SLQIHPDOHFURVVRYHU S S S 3DJH 86%3&,$GG2Q&DUGVDQG$GDSWHUV 86%)DVW,U'$$GDSWHU ‡&RPSDWLEOHZLWK86%VSHFL¿FDWLRQUHYLVLRQ ‡,U'$DQG)DVW,U'$FRPSDWLEOH ‡0D[LPXPGDWDWUDQVIHUUDWH0ESV ‡86%+RW3OXJDQG3OD\VXSSRUW ‡6RIWZDUHUHTXLUHPHQWV:,16(:,10(:,1:,1;3 J S S 86%WR6HULDO$GDSWHU&DEOH ‡86%FRPSDWLEOH ‡$30FRPSDWLEOH ‡0D[LPXPGDWDWUDQVIHUUDWH.ESV ‡6XSSRUWVKDUGZDUHKDQGVKDNH ‡5HPRWHZDNHXSVXSSRUW ‡&RQQHFWLRQV[86%$PDOHWR'68%PDOHDGDSWHU'68%IHPDOHWR'68%PDOH ‡6XSSRUWVWKHIROORZLQJRSHUDWLQJV\VWHPV:LQGRZV:LQGRZV0(:LQGRZVDQG0$&26 S 86%5HSHDWHU&DEOH ‡([WHQGVWKHPD[LPXP86%FDEOHOHQJWKE\P ‡0D[LPXPRIUHSHDWHUFDEOHVDOORZFRQQHFWLRQRIDWRWDOFDEOHOHQJWKRIP ‡&RPSDWLEOHZLWK86%VSHFL¿FDWLRQUHYLVLRQ ‡ 86%$PDOH86%$IHPDOHFDEOHOHQJWKP ‡ 6XSSRUWV86%/RZ6SHHG0ESVDQG+LJK6SHHG0ESV ‡ 86%+RW3OXJDQG3OD\VXSSRUW ‡6XSSRUWVWKHIROORZLQJRSHUDWLQJV\VWHPV:LQGRZV6(0(DQG;3 S 3DJH 86%$GDSWHUV 86%36$GDSWHU ‡&RPSDWLEOHZLWK86%VSHFL¿FDWLRQUHYLVLRQ ‡6XSSRUWV3&VDQG681FRPSXWHUV ‡[0LQL',1SLQIHPDOHIRU36PRXVHDQGNH\ERDUG ‡3RZHUVXSSO\IRUWKHFRQQHFWHG86%GHYLFHVYLDWKHSRUW ‡86%+RW3OXJDQG3OD\VXSSRUW ‡86%FRQQHFWRUFDEOHZLWK86%$PDOH ‡6RIWZDUHUHTXLUHPHQWV:,16(:,10(:,1:,1;3 S 86%3ULQWHU&DEOH ‡&RPSDWLEOHZLWK86%VSHFL¿FDWLRQUHYLVLRQ ‡86%$PDOHÙ &(17SLQPDOH ‡6XSSRUWV(33(&3DQGELGLUHFWLRQDOSULQWLQJ ‡'DWDWUDQVIHUXSWR0ESVLQ(&3PRGH J \ 86% Ù6&6,$GDSWHU&DEOH 6&6,DGDSWHUFDEOHIRUFRQQHFWLRQRIH[WHUQDO6&6,FRPSDWLEOHGHYLFHV+''&'520'9'HWFWRWKH3&YLD86%'68% +3SOXJIRUFRQQHFWLRQRIWKH6&6,GHYLFHV ‡86%FRPSDWLEOH ‡0D[LPXPGDWDWUDQVIHUUDWH0ESV ‡6&6,DQGFRPSDWLEOH ‡&RQQHFWLRQV[86%$PDOH Ù+3PDOH ‡6XSSRUWVWKHIROORZLQJRSHUDWLQJV\VWHPV:LQGRZV:LQGRZV0(DQG:LQGRZV0$&26 S 86%*DPHSRUW$GDSWHU 7KHJDPHSRUWDGDSWHUPDNHVLWSRVVLEOHWRFRQQHFWDVWDQGDUGMR\VWLFNWRWKH86%SRUW7KHMR\VWLFNLVFRQQHFWHGWRWKHDGDSWHU YLDD'68%SLQVRFNHWWKHDGDSWHULVWKHQFRQQHFWHGWRWKH86%$VRFNHWRIWKH3& ‡ &RPSDWLEOHZLWK86%VSHFL¿FDWLRQUHYLVLRQ ‡ 3RZHUVXSSO\YLD86%EXV86%FRQQHFWRUFDEOHLQFOXGHG ‡ [86%$PDOH['68%SLQIHPDOH S 3DJH S 86%IRU3&%PRXQWLQJ$%YHUVLRQ ,VROLHUN|USHU 3%78/9 ,QVXODWRU 3%78/9 .RQWDNWH .XSIHUOHJLHUXQJ &RQWDFWV &RSSHUDOOR\ 6WURPEHODVWEDUNHLW $ &XUUHQWUDWLQJ $ 'XUFKVFKODJVSDQQXQJ 9$&PLQ :LWKVWDQGLQJYROWDJH 9$&PLQ ,VRODWLRQVZLGHUVWDQG !0: PLQ ,QVXODWLRQUHVLVWDQFH !0: PLQ .RQWDNWZLGHUVWDQG P: PD[ &RQWDFWUHVLVWDQFH P: PD[ %HWULHEVWHPSHUDWXU ƒ&ELVƒ& 2SHUDWLQJWHPSHUDWXUH ƒ&WRƒ& $7\SH \S %7\SH \S %HVWHOOFRGH  2UGHUFRGH  $   86%6 [ %LWWHÄ[³GXUFKGLHXQWHQJHHLJQHWH2SWLRQHQHUVHW]HQ 3OHDVHUHSODFHÄ[³ZLWKDSSURSULDWHRSWLRQVOLVWHGEHORZ   $XVIKUXQJ $ %DXIRUP$ % %DXIRUP% 9HUVLRQ $ 7\SH$ % 7\SH% 3DJH 86%YHUVLRQ$%DQJOHG607 ,VROLHUN|USHU 1\ORQ3$7 ,QVXODWRU 1\ORQ3$7 .RQWDNWH 3KRVSKRUEURQ]HW PP &RQWDFWV 3KRVSKRUEURQ]HW PP *HKlXVH 0HVVLQJW PP 2EHUÀlFKH9HUQLFNHOW 6KHOO %UDVVW  )LQLVK1LFNHO3ODWHG 'XUFKVFKODJVSDQQXQJ 9$&PLQ :LWKVWDQGLQJYROWDJH 9$&PLQ ,VRODWLRQVZLGHUVWDQG 0:PLQ ,QVXODWLRQUHVLVWDQFH 0:PLQ 1HQQVSDQQXQJXQG6WURP $EHL9$&PLQLPXP 5DWHGYROWDJHDQGFXUUHQW $DW9$&PLQLPXP $7\SH \S %HVWHOOFRGH  2UGHUFRGH  [  $   86%   607 %LWWHÄ[³GXUFKGLHXQWHQJHHLJQHWH2SWLRQHQHUVHW]HQ 3OHDVHUHSODFHÄ[³ZLWKDSSURSULDWHRSWLRQVOLVWHGEHORZ   3DJH $XVIKUXQJ $ %DXIRUP$ % %DXIRUP% 9HUVLRQ $ 7\SH$ % 7\SH% 86%YHUVLRQ$%WRSHQWU\ $ ,VROLHUN|USHU 3%7 ,QVXODWRU 3%7 .RQWDNWH 3KRVSKRUEURQ]HW PP &RQWDFWV 3KRVSKRUEURQ]HW PP *HKlXVH 0HVVLQJW PP 2EHUÀlFKH9HUQLFNHOW 6KHOO %UDVVW  )LQLVK1LFNHO3ODWHG 'XUFKVFKODJVSDQQXQJ 9$&PLQ :LWKVWDQGLQJYROWDJH 9$&PLQ ,VRODWLRQVZLGHUVWDQG 0:PLQ ,QVXODWLRQUHVLVWDQFH 0:PLQ 1HQQVSDQQXQJXQG6WURP $EHL9$&PLQLPXP 5DWHGYROWDJHDQGFXUUHQW $DW9$&PLQLPXP 3&%/D\RXW \ %7\SH \S /D\RXW \ %HVWHOOFRGH  2UGHUFRGH  [   $   86%   723 %LWWHÄ[³GXUFKGLHXQWHQJHHLJQHWH2SWLRQHQHUVHW]HQ 3OHDVHUHSODFHÄ[³ZLWKDSSURSULDWHRSWLRQVOLVWHGEHORZ   $XVIKUXQJ $ %DXIRUP$ % %DXIRUP% 9HUVLRQ $ 7\SH$ % 7\SH% 3DJH 86%YHUVLRQ%7RSHQWU\607 %HVWHOOFRGH  2UGHUFRGH  3DJH %   $   86%   607  723 ,VROLHUN|USHU 1\ORQ3$7 ,QVXODWRU 1\ORQ3$7 .RQWDNWH 3KRVSKRUEURQ]HW PP &RQWDFWV 3KRVSKRUEURQ]HW PP *HKlXVH 0HVVLQJW PP 2EHUÀlFKH9HUQLFNHOW 6KHOO %UDVVW  )LQLVK1LFNHO3ODWHG 'XUFKVFKODJVSDQQXQJ 9$& :LWKVWDQGLQJYROWDJH 9$& ,VRODWLRQVZLGHUVWDQG 0:PLQ ,QVXODWLRQUHVLVWDQFH 0:PLQ 1HQQVSDQQXQJXQG6WURP $EHL9$&PLQLPXP 5DWHGYROWDJHDQGFXUUHQW $DW9$&PLQLPXP 86%YHUVLRQ$6LGH(QWU\XOWUDIODW ',3 607 ',3 %HVWHOOFRGH  2UGHUFRGH  ,VROLHUN|USHU 1\ORQ3$7 ,QVXODWRU 1\ORQ3$7 .RQWDNWH 3KRVSKRUEURQ]HW PP &RQWDFWV 3KRVSKRUEURQ]HW PP *HKlXVH 0HVVLQJW PP 2EHUÀlFKH9HUQLFNHOW 6KHOO %UDVVW  )LQLVK1LFNHO3ODWHG 'XUFKVFKODJVSDQQXQJ 9$&PLQ :LWKVWDQGLQJYROWDJH 9$&PLQ ,VRODWLRQVZLGHUVWDQG 0:PLQ ,QVXODWLRQUHVLVWDQFH 0:PLQ 1HQQVSDQQXQJXQG6WURP $EHL9$&PLQLPXP 5DWHGYROWDJHDQGFXUUHQW $DW9$&PLQLPXP 607 $   [ $   86%   %LWWHÄ[³GXUFKGLHXQWHQJHHLJQHWH2SWLRQHQHUVHW]HQ 3OHDVHUHSODFHÄ[³ZLWKDSSURSULDWHRSWLRQVOLVWHGEHORZ   $XVIKUXQJ /3 ',3 /3607 607 9HUVLRQ /3 ',3 /3607 607 3DJH 86%YHUVLRQ$3RUW %HVWHOOFRGH  2UGHUFRGH  3DJH $   $   86%   3 ,VROLHUN|USHU 3%7 ,QVXODWRU 3%7 .RQWDNWH 3KRVSKRUEURQ]HW PP &RQWDFWV 3KRVSKRUEURQ]HW PP *HKlXVH 0HVVLQJW PP 2EHUÀlFKH9HUQLFNHOW 6KHOO %UDVVW  )LQLVK1LFNHO3ODWHG 'XUFKVFKODJVSDQQXQJ 9$&PLQ :LWKVWDQGLQJYROWDJH 9$&PLQ ,VRODWLRQVZLGHUVWDQG 0:PLQ ,QVXODWLRQUHVLVWDQFH 0:PLQ 1HQQVSDQQXQJXQG6WURP $EHL9$&PLQLPXP 5DWHGYROWDJHDQGFXUUHQW $DW9$&PLQLPXP 86%YHUVLRQ$3RUW %HVWHOOFRGH  2UGHUFRGH  ,VROLHUN|USHU 3%7 ,QVXODWRU 3%7 .RQWDNWH 3KRVSKRUEURQ]HW PP &RQWDFWV 3KRVSKRUEURQ]HW PP *HKlXVH 0HVVLQJW PP 2EHUÀlFKH9HUQLFNHOW 6KHOO %UDVVW  )LQLVK1LFNHO3ODWHG 'XUFKVFKODJVSDQQXQJ 9$&PLQ :LWKVWDQGLQJYROWDJH 9$&PLQ ,VRODWLRQVZLGHUVWDQG 0:PLQ ,QVXODWLRQUHVLVWDQFH 0:PLQ 1HQQVSDQQXQJXQG6WURP $EHL9$&PLQLPXP 5DWHGYROWDJHDQGFXUUHQW $DW9$&PLQLPXP $   $   86%   3 3DJH 86%YHUVLRQ$6LGH(QWU\XOWUDIODWYHUWLFDO (/39HUVLRQ ,VROLHUN|USHU 3%7 ,QVXODWRU 3%7 .RQWDNWH 3KRVSKRUEURQ]HW PP &RQWDFWV 3KRVSKRUEURQ]HW PP *HKlXVH 0HVVLQJW PP 2EHUÀlFKH9HUQLFNHOW 6KHOO %UDVVW  )LQLVK1LFNHO3ODWHG 'XUFKVFKODJVSDQQXQJ 9$&PLQ :LWKVWDQGLQJYROWDJH 9$&PLQ ,VRODWLRQVZLGHUVWDQG 0:PLQ ,QVXODWLRQUHVLVWDQFH 0:PLQ 1HQQVSDQQXQJXQG6WURP $EHL9$&PLQLPXP 5DWHGYROWDJHDQGFXUUHQW $DW9$&PLQLPXP /39HUVLRQ ( %HVWHOOFRGH  2UGHUFRGH  (/3 $   [ $   86%   %LWWHÄ[³GXUFKGLHXQWHQJHHLJQHWH2SWLRQHQHUVHW]HQ 3OHDVHUHSODFHÄ[³ZLWKDSSURSULDWHRSWLRQVOLVWHGEHORZ   3DJH $XVIKUXQJ ( 9HUWLNDOODQJH%DXIRUP (/3 9HUWLNDONXU]H%DXIRUP 9HUVLRQ ( YHUWLFDOORQJYHUVLRQ (/3 YHUWLFDOVKRUWYHUVLRQ 86%YHUVLRQ%0LQLSROHV %HVWHOOFRGH  2UGHUFRGH  ,VROLHUN|USHU 1\ORQ3$7 ,QVXODWRU 1\ORQ3$7 .RQWDNWH 3KRVSKRUEURQ]HW PP &RQWDFWV 3KRVSKRUEURQ]HW PP *HKlXVH 0HVVLQJW PP 2EHUÀlFKH9HUQLFNHOW 6KHOO %UDVVW  )LQLVK1LFNHO3ODWHG 'XUFKVFKODJVSDQQXQJ 9$& :LWKVWDQGLQJYROWDJH 9$& ,VRODWLRQVZLGHUVWDQG 0:PLQ ,QVXODWLRQUHVLVWDQFH 0:PLQ 1HQQVSDQQXQJXQG6WURP $EHL9$&PLQLPXP 5DWHGYROWDJHDQGFXUUHQW $DW9$&PLQLPXP $   86%%  0 3DJH 86%YHUVLRQ%0LQLSROHV60' %HVWHOOFRGH  2UGHUFRGH  3DJH $   86%%  060' ,VROLHUN|USHU 1\ORQ3$7 ,QVXODWRU 1\ORQ3$7 .RQWDNWH 3KRVSKRUEURQ]HW PP &RQWDFWV 3KRVSKRUEURQ]HW PP *HKlXVH 0HVVLQJW PP 2EHUÀlFKH9HUQLFNHOW 6KHOO %UDVVW  )LQLVK1LFNHO3ODWHG 'XUFKVFKODJVSDQQXQJ 9$& :LWKVWDQGLQJYROWDJH 9$& ,VRODWLRQVZLGHUVWDQG 0:PLQ ,QVXODWLRQUHVLVWDQFH 0:PLQ 1HQQVSDQQXQJXQG6WURP $EHL9$&PLQLPXP 5DWHGYROWDJHDQGFXUUHQW $DW9$&PLQLPXP 86%$%$VVHPEO\7\SH ,VROLHUN|USHU ,QVXODWRU 3%7*ODVIDVHUYHUVWlUNW8/9 3%7*ODVV¿EHUUHLQIRUFHG 8/9 .RQWDNWH &RQWDFWV 0HVVLQJ %UDVV 1HQQVSDQQXQJ 9$& 9ROWDJHUDWLQJ 9$& 1HQQVWURP &XUUHQWUDWLQJ $ $ ,VRODWLRQVZLGHUVWDQG 0: PLQ ,QVXODWLRQUHVLVWDQFH 0:PLQ .RQWDNWZLGHUVWDQG P: PD[ &RQWDFWUHVLVWDQFH P: PD[ 'XUFKVFKODJVSDQQXQJ 9$& :LWKVWDQGLQJYROWDJH 9$& %HWULHEVWHPSHUDWXU ƒ&ELVƒ& 2SHUDWLQJWHPSHUDWXUH ƒ&WRƒ& %HVWHOOFRGH  2UGHUFRGH  $   86%3 [ %LWWHÄ[³GXUFKGLHXQWHQJHHLJQHWH2SWLRQHQHUVHW]HQ 3OHDVHUHSODFHÄ[³ZLWKDSSURSULDWHRSWLRQVOLVWHGEHORZ   $XVIKUXQJ $ %DXIRUP$ % %DXIRUP% 9HUVLRQ $ 7\SH$ % 7\SH% +DXEHQIU86%.RQIHNWLRQV9HUVLRQ +RRGVIRU86%$VVHPEO\7\SH %HVWHOOFRGH  2UGHUFRGH  )DUEH 7UDQVSDUHQW &RORXU 7UDQVSDUHQW 0DWHULDO $%6 0DWHULDO $%6 $86%3$+22' $86%3%+22' 7\SH$ 7\SH% 3DJH ,(((IRU3&%PRXQWLQJYHUWLFDODQGKRUL]RQWDOYHUVLRQ +RUL]RQWDO %HVWHOOFRGH  $  ,(   [  2UGHUFRGH  ',3 ,VROLHUN|USHU 3%7*ODVIDVHUYHUVWlUNW 8/9 ,QVXODWRU 3%7JODVV¿OOHG 8/9 .RQWDNWH 0HVVLQJ &RQWDFWV %UDVV %HWULHEVWHPSHUDWXU ƒ&ELVƒ& 2SHUDWLQJWHPSHUDWXUH ƒ&WRƒ& 1HQQVWURP $PD[ &XUUHQWUDWLQJ $PD[ 'XUFKVFKODJVSDQQXQJ 9$& :LWKVWDQGLQJYROWDJH 9$& ,VRODWLRQVZLGHUVWDQG 0: PLQ ,QVXODWLRQUHVLVWDQFH 0: PLQ .RQWDNWZLGHUVWDQG &RQWDFWUHVLVWDQFH *HKlXVHP: PD[ 6KHOO .RQWDNWHP: PD[ &RQWDFWV %HWULHEVVSDQQXQJ 9PD[ 9ROWDJH 9PD[ 3DJH $XVIKUXQJ ( 9HUWLNDO 6 +RUL]RQWDO P: PD[ %LWWHÄ[³GXUFKGLHXQWHQJHHLJQHWH2SWLRQHQHUVHW]HQ 3OHDVHUHSODFHÄ[³ZLWKDSSURSULDWHRSWLRQVOLVWHGEHORZ   P: PD[ 9HUVLRQ ( 9HUWLFDO 6 +RUL]RQWDO ,(((IRU3&%PRXQWLQJ60'YHUVLRQ %HVWHOOFRGH   6  2UGHUFRGH  $  ,(  ,VROLHUN|USHU 1\ORQ3$78/9 ,QVXODWRU 1\ORQ3$78/9 .RQWDNWH 3KRVSKRU%URQ]H &RQWDFWV 3KRVSKRU%URQ]H %HWULHEVWHPSHUDWXU ƒ&ELVƒ& 2SHUDWLQJWHPSHUDWXUH ƒ&WRƒ& 1HQQVWURP $PD[ &XUUHQWUDWLQJ $PD[ 'XUFKVFKODJVSDQQXQJ 9$& :LWKVWDQGLQJYROWDJH 9$& ,VRODWLRQVZLGHUVWDQG 0: PLQ ,QVXODWLRQUHVLVWDQFH 0: PLQ .RQWDNWZLGHUVWDQG *HKlXVHP: PD[ .RQWDNWHP:PD[ &RQWDFWUHVLVWDQFH 6KHOO P:PD[ &RQWDFWV P:PD[ %HWULHEVVSDQQXQJ 9PD[ 9ROWDJH 9PD[ 607 3DJH ,(((IRU3&%PRXQWLQJƒYHUVLRQ7RS(QWU\ %HVWHOOFRGH   2UGHUFRGH  $  ,(( 723 ,(((IU/HLWHUSODWWHQPRQWDJH3ROLJ0LQL$XVIKUXQJ ,(((IRU3&%PRXQWLQJSROHV0LQLYHUVLRQ %HVWHOOFRGH   2UGHUFRGH  $  ,(( 03 ,(((IU/HLWHUSODWWHQPRQWDJH3ROLJ0LQL60'$XVIKUXQJ ,(((IRU3&%PRXQWLQJSROHV0LQL60'YHUVLRQ %HVWHOOFRGH   03 60' 2UGHUFRGH  $  ,((  ,(((IU/HLWHUSODWWHQPRQWDJH3ROLJ0LQL60'$XVIKUXQJ/RZ3UR¿OH ,(((IRU3&%PRXQWLQJSROHV0LQL60'YHUVLRQORZ3UR¿OH %HVWHOOFRGH   60'  03  2UGHUFRGH  $  ,((  3DJH /3 .HLQH/DJHUZDUH*HQDXH6SH]LÀNDWLRQHQDXI$QIUDJH 1RQVWRFNHGSURGXFW 'HWDLOHGVSHFLÀFDWLRQVRQUHTXHVW &DEOHDVVHPEOLHV 1HEHQ 6WDQGDUGNDEHOQ IHUWLJHQ ZLU .DEHONRQIHNWLRQHQ VSH]LHOOQDFK.XQGHQVSH]L¿NDWLRQ $SDUW IURP VWDQGDUG FDEOHV VSHFLDO FDEOHV FDQ EH DVVHPEOHGXSRQDFFWRFXVWRPHUVVSHFL¿FDWLRQ (LQlX‰HUVWÀH[LEOHVXQGNRVWHQJQVWLJHV6\VWHPYRQ DXWRPDWLVFKHUXQGPDQXHOOHU)HUWLJXQJELHWHW,KQHQ $Q H[WUHPHO\ IOH[LEOH DQG FRVWHIIHFWLYH V\VWHP RI DXWRPDWLFDQGPDQXDOSURGXFWLRQRIIHUV\RX ‡ ‡ ‡ FRPSHWLWLYHSULFLQJ ‡ KLJKTXDOLW\ZLWKHOHFWULFDOWHVWLQJDQG FHUWL¿FDWRQRQUHTXHVW ‡ SULQWLQJRQFDEOHVDQGFRQQHFWRUV ‡ ZHWWEHZHUEVIlKLJH3UHLVH KRKH4XDOLWlWPLWHOHNWULVFKHU3UIXQJXQG =HUWL¿]LHUXQJDXI:XQVFK %HGUXFNXQJYRQ.DEHOXQG6WHFNHUQ 6HQGHQ6LHXQV,KUH$QIUDJH 3OHDVHVHQG\RXUHQTXLU\ 3DJH &$7H3DWFK&DEOHV &$7H8733DWFK&DEOH*5(< 8QVKLHOGHG&$7HSDWFKFDEOH [$:*WZLVWHGSDLU2KP [5-PDOH %RRWZLWKNLQNSURWHFWLRQDQGVWUDLQUHOLHI &DEOHDQGERRWLQ*5(