@Òo '’Fˆ~2 —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Òp '’Jˆ~2 —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Òq '’Nˆ~2 —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Òs '’Vˆ~2 —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Òt '’Zˆ~2 —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Òu '’^ˆ~2 —+6O)aU&.6F%TR&2$#!6D&MP&2#6@#IJ&/6B%EL'0!7C%KM'1'&'6C&SI'5% 6N2NT&3 6I(IQ&1 6A$CF%-$ 69";?%/!+( 67"6=&3 106@##AJ%.!6?#AI&/&76"E;&06;"QF%,0;16>#IC%-*,63"<>&/264!E:&1$67#@>&0&6<#CA%-!66"<<%+73"*7%,60"/<%,60"13&161"14&/70!"*%/60"!#&.64".&.61".1&.64"1>'1 60"70'66,!!'560""+(4"63",-(5 6;"'5(7!6.""$'3!6/!-/&/60"*,(5"60" ))560"*((3 6/!&2(460"31(56/"(&)@60"54)9&61"7>)<60!3.(3%6-!3-(64&61"34'05&61"/1'21*60"!((6.!6-"!(4,60""(1.#6/"#'/4!6/" '/+%6/"$'1.&60!(((1*$6/" '/16/" '//6." (3-60"(2=6."(0=60!(1(60"'0-)7/"!'0676."!'2/7-")3*70")2(6-#)5+361")48+60"(4/60"(1* 6/#(1$60"(/2,60"!(1+'6/#(2;"6.!):;361")5C!6.#)2.60#)18#60!)2:60")506/"*4,60"+<*60"*52!60"*3;%60")416/")2560")53%60# )3:71#*5&6.")2!%$60!)1;'60"(1 :)61"(1:"6/#)1(*61")4&60"(1661"(0;'60"(06160#(05&60"(1,766/!)2=160"*3*/60")2-+6.!*1060")2?)7/")2061"(0'60")0(6/")1661")1-6/")1&60")0,70")0560")0,60")2*%6/#)1760#)2&6/#)3"6-! *9#60"+>060"*3470"*3+!60"*3:$60"!)1!60#)0360"*4260"*3#6/"*3,60")3$60")2,60")2(7.")1#6."*2'60"*3)60"*3? 6/")3160# )0460#)1&60"*3%6/"*26/"*3!60"*27/"*2 6/")2"6."*3$60")160")1!6-!+4760"*3"60"+:#6-"+<%61!)336/"*2(60"*3/60"*2%60"*1 71!)1#60")060")0 60")1'70")0"6/")2"60!*6)60" *5%60"*3-6/"+5#60"+6-60" ,5260"-8(6/"-8;61"-756.",86"61",:660",6670",8*60",7,60",637/"+60!60",7>-61"+7<)60",8061"+58#61",7836/",6?)6/"+62*7/"+54360"+6470",7/60",7670"-99'6.".:27/" -9D/60#.:9670"!,9616/"",<%&60"%,;/&60"&+80(60"',9261#.&,7&60"#+6$7/#!*6&60"*6,60"*5"60"*56/#+67,!*56/"+7!6/"*6#60# *6"6." *6+61"*:)70#)&*6,$60"'%*4''6/""*4.%61"%%)4. 61" ")4+-61"%**4060",77,60"&,9)GK61"(1,7=27."!,81-7-"! ,7(060#+75+6."$+7106C#8C+8#7263#80,9#1560#--,8 >16/%0+,88)60#1)+60/71#$,*5 ;27/$$)+7%@;72#30+7"=860#*&,8 3360#"!,7<07-".,,91'60#%&,7 1.61#66,9 5+72$52-: 0'61"%)-<1-70##).;6,60#+/-;1'7/#'&-;#2-70#-)+7#4/61$%+*7%3771%'0*7 6060""'+: 0/60#"&,9<060#5+,< 5271#0-.< 1371!17/?=,72#5,/=7,70#%#-<@Òv '’bˆ~2 —6060#!'+83160#) ,9"#+"6b*1>-:1+60"42.<2 62"92.?$'62#+1-=(7."!$-=("60""*.=&6/")*.=$&60"45.>1'61#760>"8163"541C4'61"784N1'60!225E2+60"-06K1(67"DA6M7,62"F88Q-(64"*25O 61"216G,-667"D:6I3.70!2+5G8660"503C2*60"""3C+@F75"763C@26/!%!5G5%61" 4F:,7/" 3G@%6-"5E66-!4F1 60"3F@66." "2E;46/"%2E446."")1B9070"(&2B>-60""1@6560!#&3F5160" %3E2!60"##1F* 6/#*&1D&!60",,0C&+72"570A 63":>0@68"9?2G$69#@E1C&*'6;"D>2D6@#3O1C"64"C72D#61#1.1B# 64#231A* 62"232A!"64"233E"62"601B#62"+31A!61"0/2B0&62"292D8(64"B93C(#75#?:2B0!61!451@)62"650A!70"640B# 62"3<0A1!6/"200C6/".(0@60"&#/>)$6/" $1A2#60" %0>) 6,",%/?%62")1.<&62#28-;&71"?6.?,"6/"%,/<&26/!'2.;-#60""!.<*70#.=6/#"-<60".@$60"!.?)60# .<'60"-;6."-:(6/"!,8-!60#!*9*'60#11+7/(61"*++8/*65"6:+7*!61#53+8$ 61"57,:64"59+9"64#79*778"@@)5(64":7*7 61#./)467":9)363#@8*7#6:"=C*6&0)6;#:B+:)306>$FB+:!0+68"!63"/@-B&!62";5/C"%91",2,;)#72#26->#"73#68-=(60#0+->"60"!%->#60""$,="$6.#"'+;)$6/#"+@#8460",*5/$I?61",*);>270#/,)5#8661#0()2+2160##)8.8860#%%)506<60# *5-296/"'*7#9@7.#(+8$;:62#'4+824:73#CA,>$8872"97-?#:163#77*;'8=61#20+5(8363#-7+54!67&=B*50,65#GA*55-6.#52+9),61"'+-B".362"-7,A+6763#23,:0B;62"73/@ .360!4,-;5)61#0,,=(%60#,,<0,60#-1+:'60"'&->8*70".0,;M261#30/@(60" +<$60" +89.60#!#-A+6.#+ -C460""")646/")6C/7/"+#*80 7.!(!*7)"6/"#"+;$:864-/7*:#6@-,)*8('7:#29,9%1565"0<*9'6466#&7*:!5*67%@C(2#2067#E@*7(9362":6+:&5076#2:)714965#?:*89EC69"C:*7;@A65#43,:0??91#&(+8/?=6/"&'+5+@B60$00*5*577:">G(265#9<(4 &'68">B)4"(,6;"DB)3 /'6;#AB(2"*-6@#GG)4'216?"QG)6$2266"B@*7#$63"F?)5+&63"+3(48)61":;(3 68#@;*767"DA(2"!7B#EQ)4"66#ED*666#HA)671";6(371"04(360"E(262#B8*8#61#:5)8'76"5>)7,6C"TP)6$6F$IN(;!6I%QN*96C$FI+:6G%DR)8!6D#OQ*<"6F$JT-> 6D$EQ*8'6:"GC,<68"HB,86?#EK,K(6C$JB*;7B$@N->%0)6D%JM.M#%&6F%NK.F(6@$GM-C*#6E%GJ1F6D$MN-?%6B#GE.C!7;$B@+= 6;#6?+@"67"9:1B67#38+8"6@""=C+:69":C.A62"88-A6-!3-<6/#&4+>63"25):69#8?*<64"58':64#54)864"-7*<63",5)670"+.(763"#5)862")4(460" ,>6,"# ,<6-#%-B7."#,:60"#*86/"(56/#)66/",:6,",;6,""->60"'&,:61"&2,;68"8B.=!62"<>1a 71"74/C@Òw '’fˆ~2 —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Òx '’jˆ~2 —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Òy '’nˆ2 —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Òz '’rˆ2 —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d'46H$Bc'36J#=b&16F#:`&.6H#8_&.6C$@['/6L"B`&0@Ò{ '’vˆ~2 —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c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Ò| '’zˆ~2 —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Ò} '’~ˆ~2 —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s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Ò '’†ˆ~2 —61"&0$(61""*$*61"$+$)61"%.$)62")2$)61"*$'61"&'$(60"!%$)6.""$'60!!$'60#*$'61""*$'61"!'$)60"!($.60#%)$*61##%$)61"*'$(61"-3$+60"+1$*62#+4%,68#79$,63"+4$+61#*($*62",0$)63"+.$*61"#,$(61"()$)63"$-$+61"!(%.61#15$+63#-0$)61"),$(62"!.$+63"03$+62"$,$(66#$0$(61"/3$(61""($+61"+,$)62"+1$)63#!1$)75#'6$+79"31%562"*0$,62"*0$*61"(.$+62"*-$)61"#'$260"*($+60"&(%-71#''$.64#"3$*61!03$*74")0$*60",-$,71"'$*60"(+$)60"!$(70"%$*70")+$'71")$(61" 0$.71"*$-71"*0$*61# %$*7C")0$)73"%5$,70!#2$)72"'2$)71#&3$(74#-1$(71"4.$)73"!0%,72##4%.62#,2%/73#$0$)75"$4$+6<#)4$)6K#B$,7G"0@$-75"(:$)76"#?$)67"*:$*73"(2$*66")@$)65")>$(64"47$(68"3;$'66"6=$'63"+8$(61",7$(67#4A$(63"07$(64"/6$(63",:$)61"/3$)60!#3$+61"*/$*61"(2$(61"/0$)64"06$)71"#-$(61"#*$*61"+&$)62"),$,63"01$)63"07$*61!*/$*62!*'$*62#--$(61"$+$(61"0.$)61"&&$)60"$,$)61"(1$(6/"%&$(61#&$(60"!,$'60"#&$)60")$+61#+$+62"#0$)61"+1$+63"/3$+62",1$*61"/.$*62")1$(63#%.$(61"$$$)64"(1$)62"2+$(63"30$(63".3$(64"36$)62#'1$'68#7=$(63"83$)64#+5$)64#22$*64"6:$(62"/4$)62"2/$-65"68%463!*6%061"*2$*65".8$+67"':$*64"79$)62"*4$(61"0/$(65"0:$)63#41$)72"%)$)61##,$+62"15$)60"+($(62#&/$)63#)5$*62#)-$(61#),$)60#%.$(68"7>$(66"67$-63"33$(64!*5$)64"43$(60"-1$)64#"*$)62"/6$)65"78$)63"*4%+64#'8$)62"22$*63"16$*61#+-$*60"#&$)60"))$(63"(8$)62".1$)63"+3$+62"42$*67"5<$)65"<7$+6/"/1$)62#'0$*65#!2$+64#,3%+63"81%+61"(+%-66#79%,66#//$*62",1$*62"*0$,65"18%-64"*1%+63",7$,62#,1%,61".0$+62")/%*62"#0%063#.0&.62"(2&362"+/%.62"'2%,68#A?%-65#0:%-63"-3%,61" ,'761"*,%764""0%+62#+3%+66#48&,62$&0'061",''36/#&('562#.))960"'&*:62"-(660" ()662"$**561""*(;61##&(662##&(160#%#'261"((260"(-'/60#!+(560")3'567"0;'164"56&075#18&.66"-:'164#3;&-65",2&065#/:&/74"04&.62"(1&274"05&/63!7:'261"+-&161"-/'060"'('063! 0'074"/7'163!02';61"-+'460! %(761"**'261!+-%/61!(0&.65#+7'061"22&160" 0'461""*(;61!!2'160"((&4@Ò€ '’Šˆ~2 —6/"&-&163"13&073"'5%-62"81%-61")1%-61"$1%-61"$/%-61!!,$*76"+9%+62"23%,72""($*63"&.$+63"40%+60"00%,71"$*%*60"20%,73"+1%+71"&1&561"-0&.70"$,%160!+)'462"!*'662!..(;71" 1'072"/0'171"(.&173!0/&.71!*-&072"1'071!'3)663"$4'372"(7(474"!4(:73"..)771""%(:71#%(270"#-C61"#,;70! *771"!'07/" &/7/!$&.60"$&/70"$&-6/"#'070"*(370"'+:70"$,F71!)*? 71"%+I 6/""(*C 71"+*B71"(+?71"%+?71#$#,D70"',K70",,>7/"#&,?7/"$3N60"%,?74"%,-A72"'..G71"%,,@71")/I61"'-D61#%2.A62"&0+;76!13*962"(-)?62"'()?61!'+)763"-1):61"+-)760!-.'761"-,(?62"..'561"*0'361"$'&064!)0&162"(4&161"$-&1 60""%%/62"(0%*62"&*%. 63"05%.61"&&%/ 61"%-%. 6/!!)%060!*'%- 60" &%- 61"$+%+73#'3%,63"32%. 60"(*%/64"(1%/62".1%-77!3<&162"*1&161"",&061"!)&060"!)'465"/1'87-"/0)H61"&&&2 72",&761""*(;60"%(J71"&1%662",0%/62"&+(972#*/':71"0%274"11&7 64"17%.73"7-&365".5'? 73#02&B71!$/%,62"#.$+62"'2$)60"20$)60"#&$*62"45$)61"".%+ 61"%/%,61"-+$+61"&3$-60"&/$*61"+%-60""+%,60"%%- 6-" -&2 60",%060"$%060"%*%360!$%361"12&561"%%&/61",+)962""0(573!'0)@61!01*@61"0.'361"#/'163"27'562!*4'260!(/'261"19(965"72&361!.-&260!%,'263"17(:61"*2'161"'/'563"&1'>64"47(463"(4(;62"#1'261"$)'266"+2)660!'2(162"+4(261!'0(460"!&'160"&)'161!.0'260!#+'261"#-'460"&(561"!%(460"%%'160!#"'462" 1&463!*'561""&/60!*(561" )(761!"'(<60"*'461"$*'461"%,'260!$&'261",(160"$'562"!)'260"##'560"!#&061! '&060"$(76-" '060"%'460""'361"$'/60"('460"(,)761"")560"!%'.62!+2*960",()762""-'360")+(561"'*(560"!''263"0?(760"78(363").'064"04'163"79(761"4.(661"!/)561"*1)463")3(361"+2'061")&/61"&.(462!79&/63#71'162"//(360#30)469"8D,;64"A@)560!00)660!6+)860"26*>61"58*760"63*761"47)462"42)764"9:)560":2(56/"1$,<60"&%.G62"86+960">;(662!7@(565"8C(560";0'56/"1$'160"!+;63",7+=62";9(36/"&)(86/"&(563"@;%-6/!,'&162"37(466"<<*761"><,;6.!+0*=62"<8+J6/"61+=71"57*;70!3-+:7/"&',@60" ,E70"# *:@Ò '’Žˆ~2 —71"$4(575">?(:70";7&17/"//&073"?>'474"B>(467"7C'368#<='261""1(760#&1'362#!():63#"1(764#)4'362"-+(361"%0*@62#&3(660"%/'563"'3'261"13)962"32*=63")8'363!6B'.61"46'063"37'165"=H'163"33(262"0:(562"86(46/"22+A68#9@*A71"A8)<61!10'263"5:'271!30(672"51)57/!00)67/!61+;70"9:)670":5'060!64(570"+0'160"("&/7/"3+&.6-!0%'16.""#'16."0''260":1(86/!+#(26."#*F6-"'16.!!!'06."&4'160"<4&060"91(460"4'(96/"%#'86.!.1(560!01)860"47)861"58(560",1'363!78*<62"88):64".9,@63"7?,A61!=7+?62!19+D63#>>*D60"(,*E62"03*=63"7D,H63"46+:6/"40*>64"48)760"-4*:6<#=D*960"91*;60!-((56," #&06/!/1'36."#(%,6-!$#%.6/" $%,60"1)$*60"*0%.60",5&/6/"4,%.60"46%460"53%/60"50'76/"0)&362"*4%-60"(1%.62"6:%+62!1;%*72">4%161"30%-63"17%/61"(2%+64")<%,67"9>&.63"<5%-62"*4%-64"3:%062"*:%.64"5;%/64"4;%,66"5:%.62!D@%*65"4?$)63"95%563"9:%160"./%/63",4&/61"+8&/61""1%061!&/%,62" 3$)62"+/$*61"&4$+61"41$*61!#1$*60!-,$(6-"+2$*60"-0$(61" ,$)63"2$+61"21$+61".0%061#%2%/63"+6$(64"03$)60"#.$)61" .%-61"13%.61".3%.60!'0%/61!06&/62#08%.62#03%+63"!3%.62!#4$+60"-3%/61"$2&061!%2%-60"$0%,61",+%,61"&-%063"'2&.62"53&463"/-&.65"36&463"-5%,61"(1%/6.")1%46/!2)&560"51&.6/";7&16/#2(&26.".*(460"?4'261"@:&171"30'26/"66&060"!)&060"&-(363"69)961!83(860")%&36/" )(:6/"()86/"*+);6/" *)760"25'661"12%-60"*,%061!%7(:60"00,L71"42*>61"!-)<60""-*:6-!')+@60# (,?60"&/F6/"&'+E60$"&(:60")#'460"&'16.!!&/60! '86/"!*<6/"'36.""'46,"!(96/"#+=6/!-B6,!!)>60! "'<6.""!%26." %66-!!'>6/" %36.!# '>6/!'(:6/! %)=6.")?6/""(76-"+'66/"$!'46." !(66,!!(76-! &(76/!+'16/!%'46/""(%/6-!%%,60!%%%+6-!%&06.!!+&360!1.'16-"$&16/"'&26/"'%06/" '%*6."#&36,!'(360"!('26/!#&16/""'37.!('76," #)960!#'16+! ((76/"''(<6/!'(66-"11'46.!'&16.""'&06/"!(87-!$'46."&'36/! *&56.".&16/".'26-"'!'46/!$'36.!%'46+!%$'560"+(&/6-!#+&16-! 0&06/!,3&06/"03'56/!#$'46-!%&&27.!$&.@Ò‚ '’’ˆ~2 —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Òƒ '’–ˆ~2 —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q6-"'%$'6/!/0$'60"%'$*6."$'$'60"+'$'61""$'6."%$(6/" %$'6/"%$$'60""$'6-"&$(60#)9$'60"!/$'60"'-$(6."-*$'60!#'$'60!,$'61#-.$'6/"$1$'62".2$(@Ò„ '’šˆ~2 —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Ò… '’žˆ~2 —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Ò† '’¢ˆ~2 —7."5($'6/"#+$'60"7:$&62#.7$'60"5<$'64#;>$'69"BA$'60#:0$'6,!2,$&6/#&&$'6/#1,$'6/"$,$'60#-2$'61#04$'60#*,$'6/"*-$'6."*$'6.",,$'60#&'$'6.".3$(60"/0$'60"54$'6."/,$'60",0$'6/"-)$'6-#$$'6."$$'6-" &$(6/#)$$*60# -$'60"'3$)60"10$(60" .$'6/")-$'62"04$'61"44$'60"23$'60!&0$'61#76$'6/"1/$(60""0$,60#(,$'61"%2$'61"(3$)60#77$(61"*/$*72#@>$)61#":$.64"1:$(64#0A$'7/"83$]6,"'#$'61"25$'61#15$(62#9@$'6/"("$/60".-$(6.";.$'6.#($$'62#75$(62#69$*62"36$(62#27$(62#7@$(72#10$(61#;9$'60!.9$+6/"'3$(61#65$(62"$)63#27$(61"42$)60"/3$*60#04$)61"76$)61#+4$)62#54$*62"3<$)6/!45%+6."##$*6/#%&$)60#54$*61"54$)6.#?4$)60#-/$)6.#-1$(60"56$)60"3=$(6/"21$(6/"*0$)6."(0$(60#01$(6."70$*70"9:$)6,"0"$(6."'+$(60#14$(6/"3,$(6/"44$(6/#1($(6/#88$)62#39$(71#37$(60".3$)6.#!*$)6/#40$(61"@9$(61"53$(60"67$(60#+/$)6/"41$(6/#2'$)6-".#$*6.#-!$(6/#64$)60#9*$(7.#1+$(6/#01$(6."+.$*6,",!$)7,#&%$)6,"$($*6/":1$)6,"0,$)7/#5)$(6,"'!$(6/"'($(61"A>$'60#:6$(7/!2)$'6/")%$)61#&2$(61"A;$)61!66$(60"!/$*60##.$(6/!41$'60"60$'61")/$'60"42$'60#81$(60#/,$'60#2*$'6."'-$(6-"(/$(6."#"$)6/" $*6," $(7-" $)6-"$)6,#$(6/!!$(6.")*$+6-"!.$*61"+0$,61"+/$*60#12$*60"0-$+60",%,6."&%%+6.#$)%*7-#,*%,6,!,)$+6-#(#%*7-"&16,"%/60"%%,6/#*#'36/"#%/6-"%$%,6."&06-"(&%,6,".%'060")%,6.#"%%-60# "%+6."%$%*6/"-)$)6-"*.%06."0*%*6."&0%*62#:=%*6/",*$)6/"$,$)6/"33$)60#&,%-6.#21%,60!+0$*6/"&1$(61"/4$,60#B:$)6/"2"$)6-" $(6-"("%*6-"#%)60"&'$*6-#,,$*6."&#$(6."!$$)6-#$)6/"$(6-#$(6/"$-6-"$'$+6."4*$)6-"-$*6."0-$)6/#0%$+6.#*,%,6,! $%,6/""+%.60"13$-6/"3-%+61"40$*60#*2%.62#9;%/63#>=&46.#**%.6."+)%36.".0%16+".$%06,"0,$*6,"'%$(6,!#$)6-! #$*6/#/4$)61#:3$,6/"$$*6-"%($(6-"-'$(6."&*$(6." )$(6."/+$'6,!,%$(6/#%#$(60"-4$(6/#/($'6-"%*$'6+!"$(6-"$'6,#)$(6-"$#$(60#$)$'6/#/3$(6/#8*$)6.#+)$)70"+*$(60#&-$*6."))$(61# 4$(6/#/6$(6/#1,$(6-#!$'@Ò‡ '’¦ˆ~2 —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Òˆ '’ªˆ~2 —6-"$%$&6/#!&$'6-"$#$'6/#&0$'6-#&'$'6-#.'$'6-"20$'60"27$'60"2,$&6."*-$'61"2/$&60" )$'6-"&)$'6/"($'60#)+$'60$'+$&6."*0$'6/"("$'6-"("$'6/"%,$'6,"$0$'6."'&$'6-#$'6.#$'6-#$'6."!$'6,#0$$'6."/!$'6/!',$&6."#$$&6/"&)$'6-#+"$'6-"'.$'6-##$'6.") $'6,!5)$'6."(.$'6/#&&$'6/"00$'6.#0,$&70#&*$&6."(*$'6-"$&6," $'6.#$'6-"$&6.#$&6."$$'6/")*$'6."),$'6-#-0$&6/##1$&6/"-0$'6/#03$'6/",2$'6/")1$&6/#/'$'6,"*)$'6,!!$'6-"/'$'6.#0,$&6."-1$'6/#(-$'6.#-0$'6."(0$'60"&.$'6/#&1$'6/")/$'6,",($'6.".#$'60"/)$'6-#"($'6."$'6."$'6-# $'6-!"$'6,!$'7-#$'7*!$'6-! $'6.!#$(7," !$'6-!+&$'6,"#$'6,"!&$'6."&($(6,""!$*6." $*6-"'$(6."&&$)6."($$(60#%$'6-"+)$'6,!),$'60!'($'6-!-&$'6-""%$'6-!$'6,"$&6/"$'6,!$&6/!"$&6/"-0$'60"*.$'6-!81$'6-!)*$)6."!($(6-" "$(6-"&4$.60!-3$*6."-3$(6/"&+$*60"$.$+6/").$+6/")-$+6-"%+6-!%+6-"%,6.""$+6,#',$-6,"!#%,6.#,&%,6-"#)%,6."02%+60"+.%+6-"&*%+6-"$%%+6+"+/%*6.!*)%.6-" %%.6."&+%66.")+$)6."$1$)6-!$,$-60"36$.60"04$)61"+5$)6-!'/%+60"&/%/6/"$%'160"(-%,6-")*$+60"*0%*6/"#-%,6.!0+%+6.""#%,6-" /$)6."(.%+6-!)'%-6.! %$)60"(%+6.!!,$)6-""*$(6-"--$(60",0%,6-"1*%+6."12%,6/"62%-6.".0%,6."1%%-6.!%$%+6/""*%,6/")-%,60!//%,6-!(&$*6."1/%-6,!1-&06/#))'260!$,%/6.!*-%,61".0%+61"87$*61"03$*6,!(-%+6-"+-%*6."1+$*6.")3$(60"4/$)6/">7$(60!@:$*61#=;$(60 41$(6,#+"$*6."#$,6-"..$)7."30$)61#/4$*61")3$*6."/2$)64":;$(60"6/$*6-"*.%.6."%,%-6-!0,%-6/"$,&/6-!&''36/"8)'16."%*'06-"%&06+"&!&/6.""#&76,#" &.6/",&-6."+&.6."&&/60"'*&/60#(-&06-#"%'06-#'+'/6."(-'26.!&,&/6.!"*&16."#%&16-")&-6/!'(%,6/",&&/6/"00&-6.""%&-6."$&36."%&'060#$,'76-#.%&56/"04&/6/""/&06*!*0&06-",''860".1'26/"'0'/6/".0(16,!)'(26." +'260"+.'16.!+-'990"&7':62#01)960""'*;60" ((460#).'061#-3'661!43'260#!&%-60#00%+61#$+%-60#,5%,62"33%,60#(0%-60#'.&-60"+0%.60")+&-61$&.%-6/#%&060"!%-6.#"&66-"+(&660#,1&/6/"'/&0@Ò‰ '’®ˆ~2 —60#02%060")2%.60#+1'260#/)&/6.#%$':6-#)96-# '360#"#(56."%(760# *(46-#"$(47/#)'(36.""'46/#& &06/#.&'460#,/'260#+4'860#"2&/60#64%,6/"41&260"'1&56/#)0&261#:5&/6-"52&/6.#2,&/61#/0(96."+"(=6/#+#'26-" '16.#!#&/6/#*,'160#04(560"%*(261#?8(160"19(261#43)48."++)66,"$&)56-"+1)660"-,(26/"0.)46/!%0)262!&/*963"::+962"-;*762":4*86.!-0+=63!;>+660!*/-;62"$/-:61")1.;60".)-;60!65-;6."02-@60"39.=6/#882I6-!=>3D60":71>60"001E60!0/2H63"550D60"#0/B60"0/0E60"-3.>60"57,@6/"23+961"04+:6/"04,96,"*++:64"38+66;!74+:63";7*761"5>*761"37*<60"53)66/",,(36/"$*(46."/3)56/!24)660"27)570"45(361"-0(46-"%0(46+"&+)46/"+.)46+!(1(16/!$8(26.!*,'16-",1'06.")-'06-#2*(36/":7(264"(164"?D(661"@4'160"31(360!$1'06."09(:6-"32(36/".%*>6-"$$+I60"&1)A6/"('(76-""+)76."2'(66.""()<6."%&'/61!54&.6/#0,&.6-"-)&26,",&06-".&&,6/!&$&,6/!3+&-6-"1)&-6,"1%&/7.""&-6-"#%&-6.".*&.6/"22&.6/"1&-6."%0%,6.""%&070"03&.60!&1&/6.!2/&.6.!02&.6-!.*%,6. ""&.6/!%)&06.!'&-6-!'-%+6-!".&-60!*+&-60!',%+60!14&-61 .4%+61!+1%,60!:6%+67!BD%,62!@A%,6,!,/%+6, +0%.6.!23%,6/!)+%,6/!05%+6.!1-%+6/!-0$*6,!+/$*6+ 6/$*62!77%,60!?8$+61!79$+62!9;$)6/!47$)60!58$*6- .,$)6.!$/$(6-!(-$+60!68$*6. :7$*6+ '/$(61 (6$*60!69$)6. 3:%,60!=<%*6-!)*%+6, +3$,6/ :1$*6.!30$)6,!,0$+6, #$*6, !$(6+ ''$+6, !#$)6)!""$)6+ '$)6* $(6*!$'6+!%$'6* .*$(6- )1$'6,!&.$(6+ '%$(6,!$&$'6, *($'6* '"$'6+ %$$'60!84$'61!15$'6/ 26$'6. ?1$'60 //$'60 -7$'60!01$'60 17$(6/!+-$(6,!2#$'6* !"$(6+ (2$(6,!/+$(6,!0+$(6-!0-$(60 :1$'63 .:$(60 37$'62!54$'6/ 20$'6-!+2$'6+!1+$'6*!3%$'6+ 2)$'6) +#$'6+ -0$'6*!1 $&6-!/*$'6, *3$'6.!01$'60!61$'6.!;8$'61!;7$'67"JI$&6- 5+$&6.!0.$&6+ 30$'6+!,'$&6-!(,$'6+ )($&6+!##$'6. ")$&60!21$'6/!:5$'6/ @4$&6*!5-$'6+!5,$'6*!$'6, ""$'6) &&$'6+ )+$'6,!2-$&6-!00$'6+!8'$'61!@4$'61!39$'6+!)*$'6/!62$'60!13$'6/!.,$&6.!10$'6,!&3$&62!86$&60 84$&6,!.%$'6, %$&6,! "$&@ÒŠ '’²ˆ~2 —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Ò‹ '’¶ˆ~2 —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ÒŒ '’ºˆ~2 —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Ò '’¾ˆ~2 —6.#7*%261#32&160"5+&46."(&06."#(760#/$*D6/#$#(66."! +A6.#"'*B60"'((>6/"#+C60"6*'56."*)66/#-,(86/!/,'86.#$*(C60" "(:6/"$$&46/"""'36/""")C60"'46/"# (@6.!*"(86/")%'36/" %+60"$'%260"$-%26."*/%*61"/1$+6."2.$(60")$$)60""$(7/"&&$(60#)'$)60!03$'71"6/$)60"71$(62"24$,62".6$'64"31$,62"65$(61">5$(6-!40$+60"*($(60!*1$'66"8=$&60"0.$'61"-1$'61"$/$'71"'*$(63"6;$'61!12$'61"-5$(61"82%361"83%-61""0%261"-1%+6/"1,%-60!-.%/6/"44%+60"'/$*66"4<%,66"5<%.62"56%.62"04&061"12$,63!>8$)81"?2%.60"*&%66/"!($(61"$.%-60"$)%060"'/%+61"-,%.6/"$.$+60"23%26."'#%/6/"%!%06/"!"$,60"!!$*6/!:3%+60":,$)60"25$(61"40$(6."$$(60"$'6.#) $)60"*'$+60")#$,6/""&$+6/"1#$,6/#%'$*6/"!#$)60":3$*62"B8$*60!84%-60"-&%161"32%/60"04%-6.#0!%.60"'#%/6/"80%+60"61$*60"6.%+61",*%+6/"..$*61#.($(6/"/&$(6.")($)60"+2$)60"(*$)6/"!'$*61#'-$+6/"0/%06."+$$)6.##%.60"1.%-63"07$*60"98$+61"(,%16-#4/$,60"2-$*60"5!%*60"!&%+6."**%+60"+0$+6/"0*$)81",1%,6/"1)%/6."$#%,60"1/%+60"1&$)60"*0$)6."""$*60"0#$(60"-3$(63"98$(62"25$'61"67$)60!9.$(60"40$(60#-6$)60"?1$(62"56$*62"65$.60#22$)70"1.$/61"14&=63"2:%363"/5%161"/1&:61#',%560"*0%461!-3$(63"91$(61"12$(60#3/$(62",3$(61#49$(61"67$'60"73$)61").$(60###$,61#05$, 61"04$'61"<9$(62"-3$(61#/4$(60"23$(61"13$(61"42$+72#14%060"1%$-60"1*%060!$%663"00$/ 63"-0$*62"$-$+62"#,$)6/"'$)6/"!($*61"%)$,60!)/$* 62"&)$)72!%1$*61"*/%+61""1%.60",1%.64!34%.62"-4%-61"30%-61"+/$*6/"0-$)60"$%$*6.!"$*60"%-$*60" "$*61!#0$(61"*+$)61")2$(63"42$(61!/*$)60"#$)61"%$)61"'0$)"63"12$(61"12$*62#04$)65"2/$)60"!#$)61""'$*61")$+61"'-$*62"(0$)63".4$)72"30$)62"!0$*63#)*%*62!(0%-62#+4&.62".0%+60"!(%*61"$)%.61"".%.61""/%,60"",%-60"+%,61"%1%+63#02%,60#+,%*61",2$*6/"%,$*62" +$*63",2%*63"*6$*62"81%+60"'/$*63#%-$*64"01$)62#2,$*63"05%+65#$;%*63"46$*64#-6$*62"10$*60"&,$)63#,5%-63"26%/64"53'@68#2;%562"52%063#16%364"4=%-66#AC%+63"84&06/"-/%,@ÒŽ '’Âˆ~2 —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Ò '’Æˆ~2 —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Ò '’Êˆ~2 —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Ò‘ '’Îˆ~2 —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Ò“ '’Öˆ~2 —6+!$(6*!%06)!%:6+!%.6*!$*6,!$-6*!$*6,"%.6+!$*6*"$)6+!$(6)!$)6*!$(6)!$-6* $)6+ $*6+ $(6*!$(6) $'6*!$'6( $'64 '$(6* $(6* $'6* $'6* $'61!$'6, $'6*!$'6* $'6* $'6-!$(6+!$(6+ $(6+ $06) $'6+ $'6+ $(6+ $-6+!$'6* $'6+ $(6* $'6*!$(6*!$'62 $'6+!$'6+!$'6) $'6+!$'6*!$'6,!$)6* $)6, $'6,!$'6+!$'6) $(6*!$'6+ $'6+!$'6+!$(6*!$)6* $(6+!$(6, $)6*!$+6* $'6+!$'6*!$'6+!$'6*!!"$'6+!$'6+! "$(6+ $(6-!%"$*6*!!#$)6, !$(6,!""$'6-!!!$*6- "+$)6, #$(6-!,($'6/!71$'6+ ')$'6. !$'6+!"$&6+!%"$'6- "&$'6* !$'6+!$$'6/!&($'60!(3$'6/!23$'6/!<7$(6-!)$(6,"')$(6+!!'$(6+ %#$)6-!##$)6*!+*$+6,!(!$+6+!"*$)6,!-$$)6*!.)%*6+!'%%,6*!&,%.6,!("%,6)!'"&/6,!-.%-6+!&(%,6-!,+&.6, $"%,6+ ,!%)6+! %*6,!"&%*6,!2&%-6.!-+&-6-!'2&,6+!)$&-6,!#%&.6*!#!'76- #'06* $'&06+ $ &-6+!" &-6-!&&&-61!15&/60!75&/6.!$,'46/!&1&.60!,%&.6+!&-&/61!&2&-6-!*)&.6.!.2%+64!10%+6-!13&26* $#&16- 10&36*!($%,6)!8*%,6*! %,6+!%+6+ %,6( %+6,!$&%+6-!10%-6,!0&%,6, +%%-6+!3)%-6*!$(%06,!*-%.6+!3'%.6,!60&/6*!4.&56,!#(%,6,"+-%/6+!.0%.6*!("%,6)!"%.6.!00(D6-!.,'=60 /1%/6+!(,%56*!"*%-6+!1%%,6+!0(%.6+ '"%+6* %+6, &#$)6*!($$*6, $'$)62 28%*6. 10%*6- +.%-6.!('%-6,!*0$*6.!50$*60!.2$+62!1;$)67!@A$*6,!''$(61!49$(6+ )2$)6,!*.$)60!13%,6/!.1$.6/ %1$,6- 13%.62 +8%-65!;:%.6/!//%06.!&,%06+ "&&26.!+%&56+! ))>6,!+)A6.!+&16- ",'96+! &96* '46+!#':6, '=6-!'36*"&36,!%16, )N6*!&86+ $%16+!(?6+! $.I6+ "-c6+ "&<6+!'76+! *I6)!&66+!"%/7,!'E6,!!!%.6-!!$'66)!"#&76,!!%26,!%36, ($%96, !%26+!")96. ')C6+!$$%46+! $%/6+!"&$+6-!%&$*6,!')$)7-!*+$*6+ %&$(6, %,$)6-!!0$(6.!(+$*6-!(,$)6.!($)6-!-,$+60!13$'6.!,,$(6*!%'$(6.!,2$*6,!*0$'6/!1/$'6/!22$'6- ),$'6, 1%$'60!26$(60!+5$'6,!2-$'6-!(1$(6-!',$)6-!*/$)6,!/)$'@Ò” '’Úˆ~2 —6+!#$(6* $'6-!! $(6,!%$$'6-! $$-6.!&$'64!$$'64!"/$'60!52$'6-!'+$'66!1+$'6,!!)$'6, '$(6/!/.$(6-!'.$(6/!-,$-6,!'$$(6+ !"$(6,!,%$)6-!/'$*6,!&$$)6+!$)$)6+!&"$)61!%$)6-! &$*6-!(*%+6-!%+$,6.!(.%-6-!&0%+6,!#'$,6. -%/6-!"($(6+!)$)6*!#*$)6,!%($(6-!*($(6,!!1$)6/ 01$(6*!1'$(6-!"%$(6-!).$(6,!+*$(6-!&*$(6+!$$$'6-!$'$)6,! '$*6,"#&%-6,!'#$+6*! %*6+!%16,!"+$*6)!! $)6*!$)6)! $(6-!$)6*!'$$)6-!$$*6* ""$(6)""'%.6,! $%36+!$%36,!$"$.6)!##$+6.!!%$*6+ !(%+6*!&"$(6, !$$'6+ !$(6+!&$(6, 00$(6*!,$'6+ )%$(6+ *$)6+ ($(6, "($*6+ (%$(6* % $(6+!''$)6,!&%$(6, &"$(6) $(6* $$(6* %&$'6*!!$+6, $*6,!$(6*!"$$(6+ #($(6+ %%$(6* ,&$(6*! "$(6+ '$)6-!"'$)6,!%#$+6-!#%*6,! $$*6+!**$'6+ &$$)6)! !$)6,!1*$(6, &$$)6-!!"$'6/ )-$(6+!-$'6,!*0$(6, 1$$(6, ,'$*6+ /($+6-!)0$(6.!/-$(6. 25$'6- /+$'6+ %$$'6,!$#$'6,!+.$'6+!*.$'6+ !'$(6, 33$)6-!45$(6-!;4$(6,!)$$(6,!(&$(6* +$$(6,! '$(6)".%$(6* /!$-6, "$)6,!"&$16*!&,$(6-!#*$'6, .$$(6, "$$(6,!"#$*6,!!#$+6- -,$*6*!& $*6- 0,%.6+!"(%.6-!$-%/6-"#0&06*!*,%.6+!#,$-6+!60%,6,!%"$)6+"*%$)6+!5($+6, %$%+6, ($*6+!#*%.6,!&&$+6,!($)6, +$(6+!#+%+6+!)%+6+!"$)6, %$(6,!0)$(6* %"%-6,!$+6+!$*6, $(6+!$(6* $(6*!$(6*!$*6+!$*6*!$(6+!$)6*!$+6,!"$)6* !%$)7) $(6-!+$)6*!%$$)6,!"$(6+!$#$*6)!%*6+!& %,6*!!%,6*!%/6+!!!$*6* $(6+!!$(6+!%$*6,! %,6*!$)6+!$$$*6+!%!%-6+!%.6)!%*6+!$$%56+!0)%26- 54$*6-!'.$-6*! $$)6*!$(6(! %$+6+!"$*6+!$(6+!$66)!$.6* %26," $.6,!%$.6+!*)%/6)! !%36,!"$*6,!)+$.6.!12$(6-!)/$)6+"+)$(6,!+"$*6,!,,$'6,"32$'6/"32$'6+!,'$'6+!*!$'6*! $'6, 0'$'6,!&)$'6,!1)$(6,!&,$'6+!-,$'6*!$%$)6* $)6+ !#$'6* $(6+!%($'6+ $(6+! "$(6* $,6,!$*6+ ($(6' 4%$*6*!'$'6* !$)6+ "$(6* )!$(6*!$'6- ($$*6,!)-$'6,!*)$'6)!&&$(6+!$'7+!'$'6*!"&$'6+ $'6,!',$'6) $'6+! $'6+ $%$'6*!"#$'6,!%)$'6,!')$'6/!78$'6/!13$'@Ò• '’Þˆ~2 —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Ò– '’âˆ~2 —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Ò— '’æˆ~2 —60#12$,62$!3%,61#%*%,6=#*<&164#&2%162#(8&463#)7%-64#/5$)63$%1$*61#42$)70#05$)61#07$)60";7$D71#5:%E62#6=$*62$6<%k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Ò˜ '’êˆ~2 —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Ò™ '’îˆ~2 —6*! $'6)!$'6*!$&6,!$'6,!$'6."$'6,! #$'6,!$&6,!!$&6+ ""$&6+ !#$'6-"$%$'6* $'6+ $(6- $'6*!$&6, )$'6. 6$L6, 7$I6)!$'6*! #$'6- !$&6* $'6*!$&6+ $'6+ $'6-!$'6*!$'6.!!$'6,!$'6+ $'6+!$'6,!$'6+!$&6+!!$'6+!$A6* $'6+!$'6+ $'6) $'6-!$'6,!"$'6* $-6+!$'6,!$'6*!$'6+ $'6, !$'6,! $'6, $'6,!"$)6*!'o6+!)$)6-!($S6,!"*$[6+!".&S6+!##)l6,!&,u6/!5%n60! ;%c6,!$'6-!"$'6.!"$'6+!!$'6,!$&6+!$'6*!$'6*!$'6*!$'6+!""$'6,!$&6) $&6+!$'6+!$'6+!"$'6+"%$'6+ #!$'6*!$'6+!&$'6,!#$'6,!$'6+!$&6,!$'6+!$&6+!$&6*! $&6,!!$&6/" $'6*"$'6,!$'6+"$)6+!$'6+!$'6*"$'6+!"$'6,!$D6*! #$'6*!$&6*! $&6*! $'6*!$$'6+!$'6+!$'6*!$'6."$'6*!$'6,!$'6*!$'6*!$'6,!$'6*"$'6+!$'6-"!$'6,!$&6*!$'6+!$'6+""$'6+!$'6+!"$'6.!$'6*!"$&6,!$&$'6,! $&6*!"$&6,!#$'6+!"$$&6+! $'6+!$'6*"$'6,!$:6*!$(6+!$&6*!$'6*!$'6*!$&6*"$'6-!$'6+!!$&6+!$'6+!$'6*!$&6, $'6+ "$'6)! !$'6*!#"$.6-!&0$(6.!10$&6.!/0$F61!45$&6/!3-$'6-! )$'6/"&*$&6+ !!$'6,!'$&6,!$'6+!#$'6*"$)$&6+!#&$'6,!$'6*!!!$'6*!!%$'6-!!-$'60 "+$'6,!&$$'6-!($'6*!$&6*!$&6+!$'6* $&6+!$&6+!$'6-! ($&6, $$&6+ $&6)!$'6-!!$'6, $&6+ $$'6*! $&6-!$'6-!"'$&6+!$'6* !$'6-!#$&6, $&6+!$&6+ "$&6+!$$'6+!%#$&6+! $'6+!"!$'6*! $'6+!( $&6+!($'6+!$'6+!" $&6*!!$'6+! $&6- #$&6*! $&6, )$$'7*!&$'7*!" $&6-!"$&6*!"&$'6,!$'6* $'6+!$'6+!"$&6+! $&6)!$'6,!"$'6+ $&6,!$'6)!$'6,!$'6*" $'6+!$'6+!$'6,!$&6+!$'6/!$&6+!$'6+!!"$&6,!%$&6*!(%$'6-!-($'6, $'6+!%#$'6-!'/$&6.!+3$&6-!10$'6,!,+$'6*!&$56+!$(6+!$'6*!!$&6,!%,$'6+!(&$&6.!"#$)6+ #!$&6+!$&6+!"$'6)!$'6+!!$'6-!!"$&6-!!$'6-!,/$.6)!($(6-!%0$'6/!+,$'6.!$)$'6+!$%$'7.")0$&6.!2<$)6+!)%$'@Òš '’òˆ~2 —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Ò› '’öˆ~2 —73!*30D63!2:0D62!*//C60!1./C61!*41E60!&/2H61!#12H6,!('3K61!(23G60!*02I60!#02G60!.02G60!(*2H6/! '2G61!021E6,!%(0D60!(.D6.!(%.D6.!#%-?60!,-A61!)4,@62!02+=64"04*962"12(661!00'560 #,'16."+'364!.;(764!88(665!2<(564!<<)763!.6(365!+;'462!63(662!)5'363!-5)661!21)863!26*:61!00)964!/6'662!59&161 =?&462!4='168!2:'368!A5'266!;>&/61!22&060!$1&76/!03&/60!-4%-63!+6%-6/!01%,61!/6%-64!16%,63!1>%+60!63%+6,!%"%+6,!&0%+60!-2%-61!11%*61!&4%*60!*7%26.!47%36+!),%*6,!%+6,! %,6+!#&.6+"&/6+"%.6*"%.6+!&06+ %-6*"%,6+!%,6*!&26)! &26.!.&.6,!+0&/6.!&.&26/"'2'461!0-&463!8<'86.!04&462"$2'36/!&,'26.!00'460"&,'461!/'361".0'560!&0&060!//&06,")0&060!43%.61"85%-90!!,%.62#*+&-61$#.&.6/$0&-62# 2%-62#!0%-61#$'%.61#!0%-62$",%.63#/%+71#:8%*60#10%,62#/2%*62#%4%*6-"'&%-60""%/6.""%,60#%$*6/##0$*60#'/$*61#.1$(61#&1$(64#%7%+63"16%-61"+7%,61!(,$*62"+/$)6/#)/$)6/##$$)61".-$)60")2$)71").$*62#,8$)60#+1$*63#-2$*60"$+$(61#!*$'60#00$(61",3$(60#&+$)61#,3$)62#14$)61#-7$)62"4:$(69#3;$)65$)5$)68#88$(68#/8$'6A$FH$)65#9<$(68#=?$(64"%6$'63",7$'65#4;$'61"/4$'61"#0$'60#'2$'61#++$(61"*0$(84#.7$(60!+5$(62!.1$'60!++$(62!38$'64!:=$(76"29$(69#<<$(68#:<$'65#48$'64#+2$'63#,5$'60#,5$(61"17$'66#9?$'6<#7G$'69$@D$'68#9A$'66#:A$'66$8<$'75#2?$'63"27$'66"::$'60#)$$(62#*3$(60#+/$(62"55$)60")2$(61".3$'60")2$'71#!1$(62"04$'61#%3$'60#44$'60"$2$'6/#%$'60#%$'6/#&0$(60"'($(60"&+$'6/".%$(6/#$$(6-!!$(6/""$(60# .$(60"04$'6/#00$(6/#/)$'60#*7$'7/"-$'61")3$'61"'2$(61"%2$'60#+0$'6/#'$'67#9:$(60"#0$'60"36$(64"48$'61#*1$(60"02$)63#26$(63"5:$(63#88$'62#05$)64"17$(64";:$'63"69$(68#<>$(68#7E$'7;$8@$(64"2>$'64"$9$'6<#:@$+64"93$'68#?A$(!77#B>$' 6?#@B$'!6@$>F$'( 6<#@C$( 6<#69$(68#28$'6:#@A$'66#3>$'72#-2$(65#69$(64"27$'68"4<$'69#9A$'6=#>D$'6B$BI$'#6:$8@$'6;"2>$'6=#GF$(65"4:$(64#08$'63"/:$'62":4$'64"&5$'67#64$'62"75$'61!11$'60"+4$'@Òœ '’úˆ~2 —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ÒŸ '“ˆ~2 —6-!10)662"41):67"78(<66!19&/62 32&;68"4=%.64!;7%.60!/5%066!7@%-6<"6@&/63!63&063!*4'<6<";A(<63!28(76:!>A(56?"=C*96@"BC*86>!>G*869!C;)5 68!07)865!;:)562!38(360!14(567!28(769!0>(467!2@'266!2<'666!::'464!=5'56?"4B(56="BD*=6=!7B+;!68!5:*;65!=4*:66!6?(564!36)6"6>";E)766 :?)46C#BI)467!:?)>69!;E'26@"KB'465!:7&264"96%,71",+&/64"11(766"49)866"9<)763"*4(664"12(362"41)860!&++862!*8+>61!.0*>6/!,/)569!>)669!%0(561"74'162"$1(162!'0(260!/0'062!%3'064"97'0!66";6&063"14&/60"$5&261!40'161"".'061"!.&26/!-1(L66!-7'562!55)E60"/1)B68"9:*C61!56'96:"6?'067!9>(:63"15'662"13'D64"25*@64!)3+D64"7=+E68!0@(:66"-@'16B#4G&06B";O'3 6C"CF(367"7?(363"13)961!&0(962"03)>61"-.)666"08*J61"+**<63"72*;63"'5+763"00+964"37)764"03)764"07*<64".7)<62"04)=61"+3(760"(-)864"45+@ 61"73+E62"+4-J65"(:,B60"-6+M64"09)864"%3(=62")1*C 62!%3)B62"'1(463"*:(761!!+'362"'3&468#>@(46(26H"/:'1 6="'@'267";B&/67"<8&065"44'364"32'062"13&363!44%.60",3%-62".,&361"%-'361"%2(661"&1+B66#.1-O63"./+;66"36,F60"10*:62"30)864")7(666#<;)768#4=)766"@?(264!21(561"),(466"32(762"14)861")1(>60"10'161"'1'26/"$0(761!)1(=94"(5(463#03)7!60"&()763"1*862"#2+; 62",1*7 62"*0)6!63"+0(5 62"(&'2!63"-3(666#07)563##4)662!+0*<65"-4(5 64"20'265"%0'3!65!26(464#)3(763"'/*764#+;+C65#16*=63"+1):66#%3*@65-39)765",6):65".4)<67"ED*866".8)867";:&169#7>&463"+5&064"01&063#'2&164"20'263",0(465#24'369"17'2"6=#>C'266"69'161"42&06>#7A(266!04'067#27'469#46&167"69%363"03&266"05%.64#.4%-69"9:%-6<#:<%56<#4>&067#68&468#06&767#0=&565#0;&/62!,6(768"/;'365"6B'586"13'=6<#AC';65"0:'763"98(?64"04(>61"12'662!-2(662!"0(661!(.*B61!%1)?61!$2*E63"0/)=61!/,)7 63"+1)<63"11(666"47*<62"02+?66"69*:62"72+;61"(,,>62")0+:61"--,@61"++*860!!,(463"03(462"+1)761!10(664!*3,>63"*7)962#+/)D65"24)B6<"5<)966"78,C62"83*:62"#3)=64",5+B72"51/a71"*()G61!'1)@60"'*)H69"<;*L6<#:@)< 6F#>K*?(6F%AL(2$6C$>G(4#6B"2G*:#6@"8J*9!6B$4M,?@Ò '“ ˆ~2 —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Ò¡ '“ˆ~2 —6A%4E(37=$.A(5!7?$CF)879#2:*=78#@;(565#02*878$-9,>6:#/;,;75#44)D74#(4+=73#5;+>74#46,@74#85->74$(2+@72"(2,;73#'4*97<$+;*<79$6@*97=#@D-A68$<8/E73#+1,>65017,>76$49-A77#A<,=74#*.-@7=$<@.?7>$GD/A69$@7A#HL.?7/"11->72#%;-=78$IF,<"79#@D+8 75#1;*871#?:*76/#G5,=7/#/3,972"?A*762#19)672#<:)771#96)971#99(670#1<)76,"1%*67.#&!*570#%$)66.#!'270#%%&47.#!(57/#"(360#*:6/#%$(76/#!#'270#&.'274"48&.74$7@&17>$@C'1!7@$CF'17;#;E(570#53(<73$23&170#<6&170$.#&B7.#32&07=$60&/7."*+%-70#0)%-7.$"#%-7/#'&070#!'$*7/#01%,70#10&/79#BF&170#'0'272#01&/71"25'371#:7&671#71%.61$/-%,70#+-%-7/#$,'B70#%&(;7.#!'471#"%-7-#*,&17.#'%&17.#$ &27-",&'36/##"%-71##&27.#)#%060#!$,6/# %,7/##'%.6/#(($,7/#&%160#'%%-70# $*70#($(73#,5%,71$)*%/7-"')%+60#)+$+60"&$)7/" #$(6/"!#$(61"#-$)6/"#'$,60""*$+60#$$(6/"($)74#'5$+63"!8$*62#40$)61"#3$(60#30$)60!#*%-62"'.$.73"32$+6/ 1($*6/!4.$)6/ **%,6+ $$%+6. %*%+61!/0$*61 -0$+61 22%+6/!,(%,60!+0$+6, !'$)6,!&$+60!".%,60!#$+6- $,$-61 +/&26.!&(&06.!#+%-60!(2%-60!+%,6-!'%.61!*.$*70 21$(70 $1$)6/!'-$*61!/2%+6/!&/%.61!',%461!,3$)6/!,*$+61!,/%260!*0%.62!,2$*61!*1$*6,!.#$,6, %+$(6-!&%$.6,!*)$,6/!),$(6.!$'$(60!+-$*6-!'.$(6- #,$)7.!10$)6- 1($(6, "$(6. %&$,6,!,($+6.!%*%06/!"(&16. &0$+6-!%'%460!"'$'6/!-0$(60!-*$*7-!*/$'60!,0$(64!17$(6@!II$(66!27$)6=!EF$(65!3:$)6/!&*$*62!(3%,64!47%,60!*0%06.!#'&/6.! &&261!%+&061!(('261!00&067"@;%-61!75%573!-3%,64!:7%,65!=9%.64!88%+66!68%-63!75%-64"2;&/6:"@&066!=9'263!96'26;!69&461!,8'463!;8&;60!/7&261!15(D60!35(661"17(660 01'269!A@'861!@7&060!4,'061!-9(461!6-(26.!%+'563!'0(361!30(362!+1'363!"6'163"46'16.!)))360!1,(160 1*(26.!3,)460"24*76/!)-)56-!+'*860"+1,961!*.,=6/! -*:6/!,+&/6/!%+(66+!#%+86/! +*76.!).)461!%,(46/!)%(2@Ò¢ '“ˆ~2 —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g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Ò£ '“ˆ~2 —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Ò¤ '“ˆ~2 —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Ò¥ '“ˆ~2 —6.!'#)760!.-*8 61 /,+;6/ &()46/!"%)76/!(('161!#-(467!>=(571!32'174!2;'065!78'.60!:4(36/!0.*@61!.-*?92#60(671#0+*760#&,+?71"',,<62"*/*665#47-@73"17)872"42+:64#02->74#44,:78#2A.?69$3=/> 77#2:,>#6@$CD+?7?#AD,A78#@;*6"7>$EE*7"65#>:*777#6>*9 76#97*:"79#8?)<76#7;(861#74)776#.7(573"02(371"+*:7-#-+)77/##(<71"%1(571#+*'1!77#AB)973#5;(370"(*)678#9?(6 73#,4(561"-1(364"47&170"57(57:#28)771"44'072"12'073"11'370#$'&67/#&)&070#''&07/#!)'161#'0'360##,(27/#&&'370#0,'361#"''570"&&&:7-#*'571"')(37/!%((271#-(370#'0(5 90##'(57.!,((77-! #(46,!&#'57*!!%*76+!&#'26+!*;7)"*<6+!'37,!'37,!)27,"(66-!)87,!*<7,!)67, "(760"$,)870!00*:6/"*.*:7-!(,*86,"%&*<7.!)-,C72"19);71!-5)87+!0%(56,"$#(46+"!)96*!,>7*!+97+!!+=7,!*(37-!$'(472!33+>62"*1,=76"A@)674!>9(275"79&.70!=3)773!"1)875!3:'173"57)77-!*0(37-!%!)27-!*%(571!&1&372!25&/6/!,1(470!,/'676"+<(675"2;&163!83'26/!/0(76-!&0&071!)3(271!+3(774!7<(47/!1-(77,!((57,!#%*D7,!!()?6*!'(67,!('37+!1+)A7+!,/*67+!%%(370!%((36.!50'47*!%%*67-!*/)86,!!#+;62!88+<71!03(26,!1+'67+!$(66*!"+;7+!#,@6*!".A6+!!+;7+! *77, %*?6+ #-B6+ +C7, .J7*!$0T6+ !+>6*!)67,!)66+!'16+!)77+ (36+!)76*!,C6*!-<6,!*=6*!.D7+! ,F6,!/N6+!.E6*!/B6,!-B7*!.I7,!!-D7+!0E6-!-?6+!.>6+!/I6+! 1D7*!1E7*!.A6,!.?7,!+:7*!*57,!*56+!-A6*!)67+!,D7+!)97* '26+! (46* (37+ ->6, (77+!#'46, #!(<6, +=6,! "*66, #+;6* !,86,!#/=6- *,.< 6,!#'+I6-!%&,=6/!&$+96-!%)/>6/!(-.=61!12/A$61!-..@ 62!*3.E 62!-2-T#66!98+861!,,,;6-!'+.>7, %!/E61!"',?'64!23-@"78"03+E63!+0+?65!-4+:66".5*7!69"35)563!3:*466!49*:$66!71)862!+2(470!16*571!14*;6-!&),D60!61,:61!44,D60!95*<6,!2*,:6-!)&+A6-!)(+:6-!"$/G6, ''1E7,!""1H6)! 1L6,!"/A7*!-&+; 7.!10+7&6/"01->#6)!:&->7,!!/>6-!)00C!61!014I"6*!&!4J7+!#3I7*"!1O6*"3H6,!2G6+!#!-<6-!!,-J6/!1,->$,'6;#>9-?6."*/0B@Ò¦ '“"ˆ~2 —6>#,A2B"6=$DD2D"7D%9G4F73!:93G7/"116R62"443G62"63:a63!*03K62!89/H60".B2R$69"AH5V$63!A80E6-!43.D!67".81G0 6<";B.?64":A/A%6C$MM-?$6@"@H/K( 7G&KO-;!6C%AJ,:"6I'CP-=#&'6S,TV);' 6C%IL+9&62#4<)76/"1&-N70$",F6.$$*=60##)*=60#)2(56/#*1*;6.#'1-R$#6>$5B)5#6;#=>0\&72*24,Y6<'(>*960# 3*7#60#&**A#60#/2(;"60"(.'/ 7/"%*'4 71#%2(8#60#+3)6%60##(8"7/$))6$70#77-F6/"'3)8&7.#!*'1" 71"/:&3*!66#C;&1#6/"(1&36/"#''5!61#/)7!"60"22*>$70!(+*9"62"27)="!62#44(2'!70">7+<60"'%,C7/#$$(33#67"8=*86C"&?,:6H#5K)5#78#;C+;66":@+@6=#?A):6?#DM)5 6I$9O+; 6Q$@T*56K"8L)9!7Q$;R*6("6C$@L)6%#7C$>G)7'64#58,970#%1,?7-"!'-=66#6?*9%!6B$BN*7% 67#F<+?$+)6I);Q/A1-/6O/QS-B-++6I*KP+8**+6C'MJ)4 4+7D'DO):0)6.!42'/-'75#27,?:16,!(.,?2%7,!64.?,*61 8=,9-#6- +3.F0'63 ?A0B/%6;">D.<6A$/B-<%$%7E$>F+:")"6J)EM)7(&$6L+GM*7!&%6C$@F)4%&)6B#DG,9*"61!41*7$6-!-,-?+$70"%(,8-!60" %,9"60",=#6/"!!,:)6/!(".J 6.#*)*8 60!)"*7!60"(!(5!60"*:$6."#+?60",> 6/! -B!6/"$'-I6/"#$*96/"# *760"!*76/# +;6/"*96-")66/"#*>6." *96/")46.#!)86/# )86-" )660" *76/"-< 6/#,8!60" ,;6." +;60"+97/",96.#,;6/! ,?6-#,970" ,960" ,;60"+86/#,: 6/"!,860"#,86,"!-=60""-<6." ,A6."-<6/" -<6/"-87."0A 60" 1C"6."$/>#!60##.<!6-"!".?!60"!/E60"$.= 60#! 1C0&70"".=16/" .<#60# /C 6-" /E)6.#.G 60""/?60#0@"7."0>6/#"/>%60"!0B!6/"*>$6."!.?60#-<6.#/F60" 0@6.! 0F6."/A6/"0I6/"/E6-"/@6/"0D6.",?7-" .A6."+;6.# .B6/",=6/# -C60" -D6/#+860"!.?6."+960" ,=60" +:6."+=%6/" *860#,?6." -G60" -@ 6/"0M&60# ,@6-")76/" ,C60" 0K6/" ,C60"+I6.# ,G60#,@6."/M6.!!0Q60"!/P60"-P6/! .M!60""2O!6."0H60" .H6."4R60! 1M60".@6/" )560"!):60# +=6."):6/"(=6/#*96.# *96,"->60" ,;6-"!)460")860"%)56/!*960"-;6/".=60",860"".> 60"-;6/"/A!60"1C6,!1K 6- 0G6,!-G6,!-C6,!,>6+!,;6*!+=6+ +B6- +96,!)46,!,I6-!*86*!!+96+!)66+!)46,!+:6,!+:*'61!/9,:)'61!97-A-(6,!72/D$6/!"#.C"6.!!--=&6,!()0L#6.!'/I@Ò§ '“&ˆ~2 —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c60!0,F_6/!)2Il6+ *8Fa!6+ 9Fe)6,!'7Ea#6,!1>Ef6,!0<>]6. /:@d60!+=@\!62!5@A_69"2CBY6I%XAZ 6O#:YE] 6Q$:XAY! 6H%@S@\ 6;#=F>Z#62 09=[%6.!+39R6+!!0X)6C)DR$9H>W6@#DH;R6@$6C>W6:";DDa66"4=CZ68"9;B\67#:BC_69":IHc6:#6JJd%6A';OIe%6@&BPHc$6A%BHF_6;#9CD]6A&7GEe#67":HE`!6?%V68"?QA\68""5\@Z68";ZF[ 6=#>TF` 6?#@\B[6@#@XA^ 6B$=Y>X6E">\?V6D#4[B[6H#3V@U6C#;V>Q 6L"8^?X !6R#@c?W!6]#Cb>V$6[#T6R"B`?W!6R"@cBZ!$6T#IdCZ#6T#DcA]%6T"@g?Z "6V"Cf>Z"6S#=f?V'6Q"?hBX!6J$@a>T#6H"@bBX6I"B_?T!6H"<^>[!6K"Eb7Q$6D">e5K!6E#:c9N 6F"A`Ba6C"CaBW6A"Aa@X6B"BbC["6C"BcAY!6A"8bB^ 6B#@`>U6D$I`@V!!6A#Aa=S!6@$Ca=V 6>"G`>Y6>"9^:T!6D#X!6A$B_B`6=#I]AZ$6;"9c?Q 6:#:aA] 6;#BZB`!6@$G^Dd 6@"D^?Z!6@#@]>^!6;"8^Ek 6>#8_Ln6B%9Y_9R!!6E(5^?^6<#;Z>a6:":Z?W66"@\?\6=!9\:S 6D!"C^5H6<"=[5K6@":\5L6?"5\7N 6=!B`5J6>!@_6O 6="@`6K7>"?\6N 6>$1X6Q"6>#=Y5H6="=[4I6<"?[7M69!?V4G68!"AV8b69!"+R4P6E"A\5P6L#c1H 6S$9`3L!6W*De.<"6[(Fa-E#6X(Hd.H$7T%Ef/N#6T$Be0B %6S%Hj,= "6R&Gg.=!6Q#Ad.="6N'Cd/D!6H">c0D@Ò© '“.ˆ~2 —6H"5^,=6H"Aa-C 6J"4_0E#6L#=b0I$6R#!"6P#Dc+< '6R&Ce/C!6F%G`1U6@#B\,>69"4],<66"9X0H62!4W0K62"66"8W,A64#4W,>63":V,>62!>U,=63":V.E64!6T-<65!>U-H63":X/I61!:R,=62"=U-C62!8R*96:"7Y,=6=#9\-B6<#@_-B6;"DX+@67":V*A!67#AZ-@67"3Y-A6<"5[.A6:"6B#4a*< !6D$Cd,E# 6E$A`+; "6O$Ad-> "6R%Fd,G$6K$Bf+?$6T$Ah-A%6X%Hh+9&6W&Ci+>$%6[$Kd-A")6^$Ij/A'6[%Ah,="$6V$Ad-=#6]%Fg.?#6Y$Bg.? '6T%Ak/? 6R$Ea+;#6V#Ch+;"6R$"?a-@6E$6[+=6V(8])>!6V)C['5 6T*@V-J!6S+AZ+= "6S+F[+=# 6P(:Z+: 6I(BW)7"$6L'Cc)7$6J'=b(8%6Q&Jd&/ &6O$Bf'2"6B$A_*>"69#A`):66#>U'2"65#CZ)9!!67"A_)76C"8\'5##6\&Cb'2"$9Q%<](8%%6C&Ba'6%%6L&Be)6!&6D%@b'2$6H&@]'/ !6G&=`'1"#6K%A`&0"(6['Ab(4$&6\,A_(6#6Q&GU)?# 6X+=Y);!"6S(C\(5&*6J+Eb(=--6D)Da'0(&6C'F`&1!$6=%A\'36<$=W&.! 6:%AY)6# 6;%C\*6" 69#I['0%#6;#Dc'2 !6:%<]'0 6=$AX&/"!6<%F\(6(!6?&H\'4#%6>$C`'0$6C%Hb(4$6G'@c'2##6C&F`)9'"6A(G_(5 '6J*La(5!%)6H*DU*= ,(6F'=P(9 +$6K(GN(3%#6@%AL(5) 6H(DQ'3 "6T0A[(3-$6M(J`(3&(6Q.Ba(6!%%6`1J`&0,%6N*G]'1*$6P+@^'3$"6L+K\(:%"6J+O['2$#6I&?]&1$6C(CW&1'6:&>Q'06@#7V(56B%;V(4"!6E'AZ)7$"6J(7[(6#"6a+A[)7#!6P'DV(6"#6I)B['1$ 6C'BX)66A'@S)667$6P)664$:I(786$2F(566#9M'064"6L'160!;J'162!7J(663!5R&062!;K'262";N(661"7M):63"4M'564"2I'361"8C(:60";@)662"/9(@60"28(@6.!3>):62"+4'560"25'26.")A)560"3B*66-!51'06-!'3(56/ ):'66/!-6&?6/"<>'260!:H&/6.!1D'46-!6A'26/!8E'26/"6>'060"62"-E)>64"3A'263"89'765"38&.61!$2&161!#6'164"67'162!'5(56/!1B'16/!2B(=6/!4=&.60!4K&/6/!2M&461!=S&162!1Q&/6.!6I'061!-K&/60!8R&061!8P&/6/!4O&160!.G&462!0J&.72!0K'2 6:"!C^(56?#>_(5!6@%Ca)8$6@"@e)4"!6=">b)5 6@!;c'1!6A":a'3#6C"Ae(5"6!Da(5 6>":a)668"@\(26>!;_(7"6?"Hb'4@Òª '“2ˆ~2 —!6:!C`):!6>"?c(6#6D">e*7#6E":c)5$6D"@c(4"$6B">d(5!6C"C`(3"6G#=_(5!6A"=b(66D#G`)5"6?#F`(3! 6@$D_(6"6A$F`'4 6D#E_'4#!6B#G`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Ò« '“6ˆ~2 —65#.3*:67#57(86=%8?'46:#77*663#+2(562#%0(463#-*)<69$48-?69$29*86;%8;-D6;$2=,:!69$::,? 68$76)569$7;)766#23)564$)1)963#'))761#((+96;$2:)565$86.@64#08*:66$78+:63#22)763#/5+<62#45)461#20)572#&-);66$02*966#&7)863#73)864#(6'464#65'367"4?(866#17'167#86'162#83&561"&,&162#!1'160"%''66/"*('260"&"(560#"(66/#!"(56.#'46/#%':61#" &26/" '76/#(67/#!*=60#!#*A60#!(>60#)(960#('760"")A6." #'36/"("'261#(,)962"*.)<63#$-'462#!-&.71"'(&761"00'062#)7&065#28&/66#9<&/72"73&164#16&0!6;$2A)762#-8'16."(1&/61#*2%+60#/1$*62#*:&1 66$3@&/!%$6G(9I&- 6;#GE'466#5=(661#42&0'61#*5&/#61#*2'160#)-(460$&4%-61#!+%.60#".%* 6/#+/%.!62#%3&061#2&/63$&5&/65$<7&061"&)&/6/"'4 6/#'26/# "&/60#"%/ 6.#!&.60#!'26/$ &060#&/6/#"&/6.#(460# +;6-#)86/$(560#!+:6.")7!6/#'/6/# &060#(460# '46.#'160$ (46/#!*860#(66.#)66/#*:6/# )660#(56/# (560#*96." )66/$)860$(560$'26-#(46/$(560$(26.#"'26/#'06.#(260$ ):6/#+;6/#*:6.# )4 60#'160#(26/# (6$60$!*860#)7 6-#!'270# (66/# (560# (36/"# (5&6/#)66/#+=6.# '560#&-6."'47." *B60##*76.""):6/")8$60"!(6"6/# '06-#'16.#+;60# !)56-" *;60#!"*;6-")570# +; 6.#!):6.#'16." '170# (36-#"&160$ &/6/# &/6/#'36/"(36/#&/60#'/6.#(560# (360"(460# )560#*6$6-"+660# *660#!+86-#,=60#!,<60#+;60# +860# )46.#)66.")56.#+860# )77/"*570#*86-#*86-" )660#)86.#(47.#(360#*660#*;61#)46/"+:6/#*86/#*;60# +86." ,D7,"-?6/#-<6."->60"+96/#)56."*86/#(370#(360#)76/#*76-"*860#+:6.# *;6/#,:6-!,A6,!+:6+!*86,!+:6*!)86,!)77,!(56*!(56,!(16,!'26,!(36- )46+!(26+!(76,!)56,!(56-!)86+!*;6,!)56*!*76,!*76,!)56,"*86+!+:6,!*86-!)46+"*86+!+:6,!)56,!)76*!)66+!+96.!,<6,!-<6,!-?6-!*76+!+:6+!,=@Ò¬ '“:ˆ~2 —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`3M-206P,\R-<2.16P/IQ+8$0%6X7UW->#%#6_8Q[+<)6`1RU*6)6Y2JV)5$6L,EN,;6<#BK+:6;#8D+869#4=+>6>%=C*66B&4B)6 6@%4?)7'6C(@E(66B)CD(26=&@D(3!68#1@(5!69%8@)=68$2@)@ 69$=B-J#69$:D.K6;%6H.J$6<&9H*="6;$1K+:6L'AT+? 6J%DX,C #6P*GZ+>!6P%BY+9$6N+RW0C'6T3MX.B.6[8PR*<'7+6S7PW/H#,#6V5QY-M(#6R0WW-D %"6dC]Z4X)6]0LX.K$6T(@W+@6V*BT.B$6T*GY-B!6X+JY,=#6T+T^+A.6S*Q].G6H$8S*;6P):W,@%6U$ST,?6J"8O*D+6I&DP)9! 6G$CN'1 6P,BT+9"6:!@G+=$63!=:)76:!AH)66/$6J$AN)A &)6T(OS+?!"#6X*PW+H,(719A62!<>*<+346G#EP-Q/+6E#MQ+B@Ò '“>ˆ~2 —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aa(6%3%6_;P_)A$;%6_9\a)<+!6Y1I^*7!;$6Z4Ua(5"'"6[5Y](4! 6P+ZT'51!=56K*RM'3$3&6D%ON'3&1)6O,WV)8'))6R,QZ'0*6B$UQ(9"006A$GE(45%6J'OS(7+6D$IL(L!0'6P(YZ'5&6%6I'TJ&2 &#6I%IR'>3316P,RS&1+726S+RX'7*.56L(KS'43:36T0U]'Q!6667"LC(J#;863!DC'1&426Q+IU'2,#6F$RP&6)%63"@@'1$"67"9D(661"A6'6'80"57)82%6A#BJ'2 +%6B$IR&/.3)6K%IP&/0116U,J[(50=36P,QT'2+2+6I(GH%/+3*6M*MX'3/6+6NBWU'804-6L*OL*7.*6F#HL+:.%63!6<*8,#60"10+:1'61":5+:+6/!4-+:4+67"II+;'+63"@@+<4,60!K*86H'FI(3!6D$?K)66K'IR*6) 6F'LM&1!6H'DN(4 "6K(HK'5"0$6H$CM(4$5*6E&NH*6 )&6R*CR,=)6M+EQ-<#6a0PO'2''60!A:&3("6/"1+*:'6Q*?N(66W-8R(66Q+CT)66J'@Q)86@%JN):6K(AL)66P)MR*:6B#8L)6#6:#;M)766";H(46:"/L(767#6I(769#9K%-6=$6I'36D&9M'06@%;C&26R+JR&2!6I'@F&/%6G'FM*:,6Q)IU):6=$%,'06-"+ )66/"&1,:&6="LI*;(6J$JQ(66J'EO)<$ 6A#BH*A#66">6):#'6I&@N(2 5065"A@)41*6/!21);/'6,!"#*6/+60"29*70&60"95,?2#64"=@,<) 60"62.@ (,68"DD,8 '&64"67,:3)62"27,=,)62"99+>(63":@/D!*'6:"AG.C-;36C%NP,<3256E$GO.? :-6@#QQ*: 1)6="CH+>",'6>"$*"6T0YY/=26P-QM/? 6]+CY/G 6X'AY3P#!6N&EY/@$6E%FT/D6H%BS.A6Q*GY0@ 6K*LS,>*6E(GU0A-6P/PS.> 6M*SR,>%6P+FP->6L,CO,< 6D(FF.?6A''IL/?6@"5S0C6B'F]1C 6<#<[0C 6=#:W0D6@#8[+:6B#4U-9 6M#@]->6B#>X0@6=":V,; 6<"=[+; 6B$8X,9"6S*D[/A'6U*R[0B 6Q+O\-;#6Q0EW.@#6H(CS,<!6H(HS+66<#@G+96E&7M+:6X,;P/@"6W/CS-:6[*GK,<6H#4H*76>#1C*86C&6L*A!6H+EL+:6@%9D)46?&BD(66A&5H)<#6D*:E+B"6K+?G,>&6M*!!63"07/F.!68!@@.?&67"8>-A#6:"?I+=!61"9=0E'61!26+C60!..,?60!4<+<62!3=,A#"64!0:-C"63"7;-=6<#5C+<!6B$AI*;)$6K&GQ+="6D"AO'6 6>#6D->0'6F&?C*F",#6I*FR*9#0&6O.EV-G$6C#CO,G#6F$5J.?!6G'CR,?!6A%CR+8&6="BS+:68#8P*:65"6M+:69$8G+96;$3P*?!6A%9J+96E%9P,=!6E'9T-?#6E)CK*<6A&8H,>6A&>I)86D);M)7!6;$=H(56<"4P+>6>#/H-@6D&9N*96F(IL+@6E&DM*< 6N,DM+8$6K)HP,C6C$7Q-?$6P-FX,?6M(DR+7 6J%;U+;6D$Q*<6=#=M+E6C%AP)86G&BQ*8$6S-S\-?!6R)SX,= 6S0MS+< 6K)EH-@ 6F&GL,C6<";D.C6E$;H+86C#>H0F 6I$?L);6@#:G-B6@">L*@$6K)7O-B6C%8P3K 6J#9Q3G)6M'=T0D'6S*DR*:!6K%@I*= 6R*NW+@(6J(JP-?#6K%JJ,@.%6I%KK.?!(#6G$PM)92$6-!.*.G2(61!.8,K( 6G&EQ,E'6Q.KS,D."6N(NR+=$6F'JQ,;%6P,IR.A6Q-HO+: 6U,AT-A 6P(MR.J&6X,JP-D6K%8S.G6J'7M2K (%6K$AP1N2'6E"EL.A.%6G%CN0K- 6M*PP.A%%6D%KM-?6W*ER.C$6L&:J-@%+$6U,CR-B&2*6M'GQ.F",'6Q-OQ-B%!6Q,MY.?"''6R-OT.?"'"6Q/PV.B6V0ES,>!3 6[/TT+9$/$6X5KV*8$!6R/IQ+A (#6M,QU(4#6K*HP)8$6M+@Q(406G(CI)6%6G'KO+?(6J+LP+9%6R*ES+;6C$BH)="6O'AQ,@$6G&BS,D 6G%;M+;&6M(PP,L!6C%GH+? 6L(KO*A@Ò¯ '“Fˆ~2 —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Ò° '“Jˆ2 —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Ò± '“Nˆ~2 —6-"!-;61!#,96."-;6/".<6/!.<6/".<6/!.=6+ /@6+!0@6+!2D6+!1A6-!0@6- .<#6,!.<6* />#6+!0?!6-!1A6*!3E6+!3B6)!2B6. 0@6+!0B6,!1B6+!0?6*!0>6+!0>(6- 0>6+ />6,!/="6*!/?6,!/>!6,!.<6- /;6-!0?6,!/>#6*!0@$6+!1@%6+!0A$6, 0=6,!2@6,!2@*6,!/=&6, /=6+!/=6+!0=6,!2C 6,!2B6+!2B"6* 1@#6- 1B6.!1D6* 0?6, 0=6+ /=6+!.:6+!/<!6,!/<!6,!/@!6+ 0>6,!.<!6-!.:6+!.:6,!.:&6+!.< 6,!.<6- .;6+!0>6+!0=6+ 1>6*!2A6,!1A6+!1A 6-!1A6, /=6, 0A6,!0>6+!1?6,!3B6, 3E6,!2C6-!2B6*!3D6+!4E6+!4D6*"5H6,!3D6*"2C6,!2C6*!4I6* 4E6-!7L6+!7J6*!6I6+!6G6,!5H6,"9N6,!6+!/G6+!0K6+ .B6*!,>6+!,:6,!,;6- ,86,!*66*!)6!6+!*5#6-!+8!6,!*:6+!+66,!,96+ +76+!-;6+!-;6,!.<6+!.;6,!.<6*!.;6,!/<6+!/@"6+ -; 6)!,76,!,96,!,76+!,66+!+66,!+56,!*36,!*36,!*4%6, +46-!+6*6,!+4.6*!*426/!*56*!*5#6)!*5#6-!+7 6+!,9"6*!-<%6+!-:6*!/A 6*!.@%6,!.>"6+!0A"6*!1B(6*!4D($6,!5I916* 3H#6, 1F$ 6, 1A' 6+!1C("6,"2B/!6+!3C6-!5G$6+!4E6,!1B!6,!2B!6,!1C6-!3C6+!4D''6-!3C 6,!3C!6,!1C!6+!0?6+!0@#6+!0A 6+"0B6)!1C!6-!0@!!6-!/@' 6+!/?(!6*!/@ 6,!.<#6, .> 6*"/< 6,!/= 6.!/>$6,!.=!6+!-< 6*!+: 6,!,:6,!-;6+!,:6+!,:!6,!,<6,!+9 6,!+=@Ò² '“Rˆ~2 —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d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Ò³ '“Vˆ~2 —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`(6/!;29Q!61"(3a 66!1@8S68!0.:V"60!/0;^!6-!*%9U$ 6+!"$;Y"6+!;Z&6-!5L&6*"!6S6,!3M 6+!6P6,!7P6+!9P6+!7K(6-!6O'6-!4O&6,"3G6-!4L 6+!3H 6,! $3K6, 4K6+!#!8U"6-!6P6,!3M!6-!2H!6*!5P"6+!0F6.!$3J65"581I$&61!040E!6.!02/A67#361H'64"BE/C!68#:B1F'$5F"2E/@@Ò´ '“Zˆ~2 —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Òµ '“^ˆ~2 —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Ò¶ '“bˆ~2 —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Ò· '“fˆ~2 —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Ò¸ '“jˆ~2 —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Ò¹ '“nˆ~2 —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Òº '“rˆ~2 —(*6,!(1.*5.!(3 06- (0"15* (0055- (2616,!(0-26+!(0205-!(0436, (0+35-!(0'25+!'0#.6)!'0.*6-!(0#-6+!(0&/6, (1#-6,!)4#06+!)5#'6-!)3"%6-!)4$6, )6!5,!)3"6+!)7#5, +9"'6-!*6!*6- *7)46, +6'+6-!+6&.6,!,8+,5- ,8 ,6- ,:'.6*!,96-",= 6(!+8%5-!*8#6,!*8((6,!*6 *6,!+8)6,!*6"*6-!*6,6+ )5*6+ *96- *7&5-!+96-!*9"5+!*6)6,!*7#6+!*78,!*86- *8 6,!*66+!+7 6-!,;#6-!,96+!+76+!+7 6+!+8)6+!,9$&6,!-:*)6,!.; (6, .>!'6, .< $5,!-;6-!.; 6-!.= 6+!.= 6,!/>$6+!.=0&6,!.< 06,!-;4&6-!-;+/6-!->3+5,!-;'6,!-:&'6+!-8$&6+ ,= -6-!+9'76-!+9)06-!,97&6, -99"6+!-9#"6-!,90%6+ ,9-'6,!+7%26+!,9"&6-!,;$&6,!+9!76,!,7!06+!-J0$6,!-;0&5,!.A(56,!-A"+@5+!-=.<6.!,>(06-!,9-(6*!-<0)5+!,9&46,!->-66, -;+25+!/J4)5-!0G*%5-!1J)'6-!3S0,6+!/B,.5-!-<2$6,!.@155+!.F%66, ,<(96-!,<636,!,<0)6-!->)55-"-@)26*!.>'*6- .F206,!/C0(6+ 3H,26,!2H126-!5O916*!3F9,6-!2K025*!1I8'5,"0E?,6-!.@+06-!0A*26,"3F+86,!3F0-5+"6X#%6,!2Q#'6+!/J//6.!-?&,6+!-=$16.!.<%,6+!/E!/6,!-C066,!-<%45* 0H&-6-!2I4*6+!0O116, /G&55.!.I(#6, 1S3.6-!.J'#6+!+B5+6, 0O2-6, 2N2*5+ /K$.6, .C&06*!,F0"5-!+@6, *>"+5,!*8165,!*8'(6,!(4%%6+!)6)%6. *9$&6,!*81&6-!(00%5,!(1"(6-!)?/)6+!):1,5. )9716-!)>0-5-!)4)46,!*:',5-!*7)*6,!+C2!6+!+835-!+70%5.!+93.6,!,>2 6+ ,;-6+!-E6-6+!/E,$6,!1H,%5, 2F%6+!3J!6,!3H6- 3K"5,!4K!6, 4O6+!3J$5+!1M" 6,!-?6+!,;"6-!,;'6, +:#5)!+9%6+!->#6+!/E 5.!.=$!6+!0@ #6+!1D!5+!0G"5*!-="5. .>""5, /@" 6+!1F$#6,!1G* 5,!0A'*5-!0A#"6+!2D,6+!2E()6+!1C0*5,!3G%(6,!5G&15-!5F*-5- 4E5&6,!4G&'5,!5H)"6-!5O8-6+!8L7/6, 8L7/6,!#$6*!/=5$6,!.=3#6+".?0!6-!/>- 5,!1@1#6+!4E$6-!2B 6,"1F!6,!3F6,!4K( 5,"3D#6-!2D 5+!2C@Ò» '“vˆ~2 —!5-!2C'6,!0@(5,!0C#6,!1F6,!2G5,!3G5,!1B%6-!1C%6+!0H 6-!1H%6+!0A$6,!.>(5,!.>%6+!.: 6,!-:5/".=6*!.>#6,!-<#6*!-9#5,!.>6+!.=6-!/<6,"/>6+!.? 5-!/=6,!.=6,"-<6-!.<5*!/B6- .<5,!/@"5,!0@ 6,!/@6+ 0>5*!1A6+!2C6, 2B#6-!2D 6-!1C!5,!2D 6+!3E#6+!2B6,!2B6-!1B6- 0C6+!1I5,!3Q!6+!0@ 6/ /A6-!/>6*!/L"5-!/?6-!/> 6+!/>6+!/?5.!/> 5,!/=#5, -: 6-!-:$5+!,96-!,86+!,96.!-95+!-:5+!-96-!-;6+!-:!6+ -;6,!-;'5. .;%6,!.< 6+!.<6,!-:(5.!-;!6)!,86+!,95+!,95, ,85,!.<6,!.=5*"-:5- -;5,!-<6,!-;*#6,!.< #6,!.<6,!.<"6-!.< 5-!.< 6-!.= 5+!.;6,!-: 6, -95,!-:6,!-9 6,!-:#6,!-:#6+!-9"!6+!.@*"6-!-:6*!-># 5-!->"6-!.F%6,!-9"6+!-9 !5+ -:&$5+!.:)6+!.?#5, 0B1!6*!/=,"6,!0F16*!/@//6,!/@'%5+!/>4!6/!0?6(6,"1>6#5, 3P66+!7l3+!6* 9R($06,!9Y!,$6.!8[" 5+!9Z)$6,!;c# 5+!b'&5*!9Q&)5,!=]&16,!8U,*5+!:T0"5+!7L,"5,!8R,5-!<[&6-!:W$6- 7T&5+!8Y)6.!7R"6-!;R"6* 9Q%6,!;\%5.!Ae$6+"8W 6-!5I$6-"7I5+!9P!5-!>T%5*!;V$6,!Pƒ26-!>S‚47-!=R48- =Oƒ57-!=Uƒ27,!Q46, =P57,!R‘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Ò¾ '“‚ˆ~ —#'7/!16 26-!1606,!17"07-!16 !27+"16 *6,"16)6-"16!6*"177/!178,"166,!16#$7,"16!$7-"16 $6/"166-"166,!166,"067+"06$6.!06&6-"06!6,"167,!168-!16!6-"167.!166-!17 7.!168,!168,!16'7-!17#7,!16!6."167-"166-!16%7.!166-!167,!167,!166,"166,"166-!068,!06%6."066+!06"6-!06(6-!06#7,!06+6-"06(9.!06'6-!06%7-!06.7-!06-8."05/8-!0617-!06+6-!05,8.!06 /7.!06.7-!06+6.!06"6/!06"6.!05'8,!06!6-!06 6-"05"6-!06"6/"066-!068-"056.!057/!057-!057,!056-!056.!056-!066-"05#6,"06 6-!06$=0!057,!056,"066,"056-!067/!067."066-"056.!066-"066.!056-!067,!067-!056/!056.!066-!066-"056,!056."058/!0680!058.!05!7-!056/!056/"056."056,!056-"056-"056-!067-!066,"066-!057,"057/"056.!057,!057,!056-!057."066-!067,!066.!056-!05 6."066,!056+"06.6-"06(6-"06'6/"06$6-!06 7.!056,!056."056/"056.!0506."0677-"06 @"9.!06"86.!06"67-"06"36."06&37."06%36,"06/6."06!-60"06"19-"06&76."06%96-"06!79/!06 ,6-!06!*6-"06!17-"06!.7/"06.7/"06-7.!05%7/!05(7-!06)7."06'7.!05(6-"06%6-"06(6-"06*6-"06&6-!06'6- 0606/"0616,!06!7."06#6."06+6.!06%6-"056,"06#6."056-!05#6-!06(7/!05%7-"06 6.!06 6.!067,!066,!066-!066-!066-!068,"056.!066-"056,!056-!056.!066-"056,"066,!056/!056/!055,!057.!056/!06"6.!06!6-!056,"05%7-!05%6.!06 37.!0546.!0536,!05&6.!05"7/"056/!056."066-!05 8,!05 6."056-!067.!056.!056/"066-"066-"066-!066,"067."066-!056."056-!066,!056-"066,!056/"056-!057/"056."056-"059-"055,"056+!056-"055-!056.!056-!068+!057,"056-"056-!056.!066+!056."056-"067-!056.!057,!056/!056-!056."056.!05@Ò¿ '“†ˆ~ —(‚R#@/#/7"–S3N.%.5‘@8X0(-3‹98^/&-3Ž86W/$.4Ž99X0--4<1T1#-3Œ>8V1$-3‹=0R0"-3=+Q0"-3Š<.Q0"-3Œ@(L0"-3‘N/L0#,3O)K0#,3L*L0",2ŽQ+K0"+2ŽQ'G0"+2ŽP&G0",3P$D0",2C%E0",3‘N#B0",3ŽP$C0#,3P-O0%,3Q"@0"+2ŽS"@0"+2N!@0#+3’P'A0#,3N%A0#,3ŽP$?/",3’O!A0",2J!?0",3‘K"