Viewsonic IFP8650-3 User Manual
Displayed below is the user manual for IFP8650-3 by Viewsonic which is a product in the Interactive Whiteboards category. This manual has pages.
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sŝĞǁŽĂƌĚ/&WϱϬͲƐĞƌŝĞŶ
<ŽŵŵĞƌĐŝĞůďĞƌƆƌŝŶŐƐƐŬčƌŵ
^ƚĂƌƚǀĞũůĞĚŶŝŶŐ
'ƵşĂĚĞŝŶŝĐŝŽƌĄƉŝĚŽ
'ƵŝĚĞƌĂƉŝĚĞĚĞĚĠďƵƚ
'ƵŝĂĚĞŝŶŝĐŝŽƌĂƉŝĚŽ
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^ƉĞĐŝĮŬĂƟŽŶĞƌƟůǀčŐŽƉŚčŶŐĞƚ;s^Ϳ
ƚŽŵŵĞƌ s^ͲƐƉĞĐ;džͿ ^ƚĂŶĚĂƌĚƐŬƌƵĞ;džͿ ŶƚĂů
/&WϱϱϱϬͲϱϱ ϰϬϬdžϮϬϬŵŵ DϴdžϮϱŵŵ ϰ
/&WϲϱϱϬͲϲϱ ϲϬϬdžϰϬϬŵŵ DϴdžϮϱŵŵ ϰ
/&WϳϱϱϬͲϳϱ ϴϬϬdžϰϬϬŵŵ DϴdžϮϱŵŵ ϰ
/&WϴϲϱϬͲϴϲ ϴϬϬdžϲϬϬŵŵ DϴdžϮϱŵŵ ϰ
E^<
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DŝůũƆŵčƐƐŝŐĞŽƉůLJƐŶŝŶŐĞƌǀĞĚƌƆƌĞŶĚĞŝŶƐƚĂůůĞƌŝŶŐĞŶ
ϰƚŽŵŵĞƌ
;ϭϬĐŵͿ
ϰƚŽŵŵĞƌ
;ϭϬĐŵͿ
ϰƚŽŵŵĞƌ
;ϭϬĐŵͿ
ϭϭϴϳϱƚŽŵŵĞƌ
;ϯϬϭϲĐŵͿ
E^<
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KǀĞƌƐŝŐƚŽǀĞƌďĞƚũĞŶŝŶŐƐƉĂŶĞůĞƚ
E^<
86% 86% 86%
WƵŶŬƚ ĞƐŬƌŝǀĞůƐĞ
7U\NSnNQDSSHQIRUDWWQGHHQKHGHQ
7U\NSnNQDSSHQIRUNXQDWVOXNNHWQGHVNUPHQVEDJJUXQGVO\V
+ROGNQDSSHQQHGHIRUDWVOXNNHHQKHGHQ
dŝůďĂŐĞƟůŝŶĚůĞũƌĞƚĂĨƐƉŝůůĞƌƉĊŚŽǀĞĚŐƌčŶƐĞŇĂĚĞ
'ĊƟůďĂŐĞƟůĨŽƌƌŝŐĞŶŝǀĞĂƵŝĚĞŶŝŶĚůĞũƌĞĚĞĂĨƐƉŝůůĞƌ
KƉŬĂůĚƐŵĞŶƵ
^ŬƌƵŶĞĚĨŽƌůLJĚƐƚLJƌŬĞŶ
^ŬƌƵŽƉĨŽƌůLJĚƐƚLJƌŬĞŶ
h^ͲƉŽƌƚƟůŝŶĚůĞũƌĞƚĂĨƐƉŝůůĞƌŽŐŝŶƚĞƌŶƉĐ
DŽĚƚĂŐĞƌƐŝŐŶĂůĞƌĨƌĂłĞƌŶďĞƚũĞŶŝŶŐĞŶ
ϭ
Ϯ
ϯ
ϰ
ϱ
ϲ
ϳ
ϴ
/KͲƉŽƌƚ
ŬƐƚƌĂƉůĂĚƐŝƉĐĞŶ
sWϭϱͲtWsWϭϲͲtWsWϭϳͲtW
dƌLJŬƉĊϮĨŽƌ,D/ϮΘs'
dƌLJŬƉĊϭĨŽƌ,D/ϭΘ,D/Ϯ
ŬƐƚƌĂtŝͲ&ŝͲŵŽĚƵů
>Ͳt/&/ͲϬϬϭ
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KǀĞƌƐŝŐƚŽǀĞƌłĞƌŶďĞƚũĞŶŝŶŐĞŶ
dƌLJŬŬĞƐĨŽƌĂƚ
ƚčŶĚĞƐůƵŬŬĞƐŬčƌŵĞŶ
^ůĊůLJĚĞŶƟůŽŐĨƌĂ
sŝƐŽƉůLJƐŶŝŶŐĞƌŽŵĚĞŶĂŬƚƵĞůůĞ
ŝŶĚŐĂŶŐƐŬŝůĚĞ
ůĂŶŬƐŬčƌŵ
ŶƚĞƌͲƚĂƐƚdƌLJŬŬĞƐĨŽƌĂƚǀčůŐĞĞƚƉƵŶŬƚ
^ŬƌŝǀŶŝŶŐĂĨƐŽŌǁĂƌĞͲŽƉƐƚĂƌƚ
'ĞŶǀĞũƐŬŶĂƉĨŽƌĂƚĂĨƐůƵƚŶŝŶŐ
ĂĨĚŝĂůŽŐďŽŬƐĞ
dŝůďĂŐĞ
^čƚƐŬčƌŵƉĊƉĂƵƐĞ
dĂůƚĂƐƚĞƌ
dƌLJŬŬĞƐĨŽƌĂƚƐŬŝŌĞŵĞůůĞŵ
ƉĐͲƉƌŽŐƌĂŵŵĞƌŶĞ
dĂůƚĂƐƚĞƌ
>ƵŬĚĞƚĂŬƚƵĞůůĞƉĐͲǀŝŶĚƵĞ
<ŶĂƉƟůǀĂůŐĂĨŬŝůĚĞ
dƌLJŬŬĞƐĨŽƌĂƚƐĞŵĞŶƵĞŶ
^ŬčƌŵŽƉƚĂŐĞůƐĞ
<ŶĂƉĚĞƌǀŝƌŬĞƌƐŽŵƚĂƐƚĞŶ
dĂďƉĊĞŶƉĐ
^ŬŝŌƟůƉůĂĚƐĞŶƉĊ
ƉĐͲƐŬƌŝǀĞďŽƌĚĞƚ
<ŶĂƉĚĞƌǀŝƌŬĞƌƐŽŵƚĂƐƚĞŶ
dŝůďĂŐĞƉĊĞŶƉĐ
<ŶĂƉĚĞƌǀŝƌŬĞƌƐŽŵƚĂƐƚĞŶ
tŝŶĚŽǁƐƉĊĞŶƉĐ
<ŶĂƉĚĞƌǀŝƌŬĞƌƐŽŵƚĂƐƚĞŶ
DĞŶƵƉĊĞŶƉĐ
dƌLJŬŬĞƐĨŽƌĂƚƌƵůůĞŽƉ
dƌLJŬŬĞƐĨŽƌĂƚƌƵůůĞŶĞĚ
<ŶĂƉĚĞƌǀŝƌŬĞƌƐŽŵƚĂƐƚĞŶ
DĞůůĞŵƌƵŵƉĊĞŶƉĐ
<ĂŶĂůн&ŽƌƌŝŐĞƐŝĚĞƉĊĞŶƉĐ
<ĂŶĂůͲEčƐƚĞƐŝĚĞƉĊĞŶƉĐ
^ŬƌƵŽƉŶĞĚĨŽƌůLJĚƐƚLJƌŬĞŶ
tŝŶĚŽǁƐ&ϭͲĨƵŶŬƟŽŶ
tŝŶĚŽǁƐ&ϮͲĨƵŶŬƟŽŶ
tŝŶĚŽǁƐ&ϯͲĨƵŶŬƟŽŶ
tŝŶĚŽǁƐ&ϰͲĨƵŶŬƟŽŶ
tŝŶĚŽǁƐ&ϱͲĨƵŶŬƟŽŶ
tŝŶĚŽǁƐ&ϲͲĨƵŶŬƟŽŶ
tŝŶĚŽǁƐ&ϳͲĨƵŶŬƟŽŶ
tŝŶĚŽǁƐ&ϴͲĨƵŶŬƟŽŶ
tŝŶĚŽǁƐ&ϵͲĨƵŶŬƟŽŶ
tŝŶĚŽǁƐ&ϭϬͲĨƵŶŬƟŽŶ
tŝŶĚŽǁƐ&ϭϭͲĨƵŶŬƟŽŶ
tŝŶĚŽǁƐ&ϭϮͲĨƵŶŬƟŽŶ
dƌLJŬŬĞƐĨŽƌĂƚƌƵůůĞƟůǀĞŶƐƚƌĞ
dƌLJŬŬĞƐĨŽƌĂƚƌƵůůĞƟůŚƆũƌĞ
E^<
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dŝůƐůƵƚŶŝŶŐĂĨĞŶĞŬƐƚĞƌŶƉĐ
Z^ϮϯϮͲƟůƐůƵƚŶŝŶŐĞƌ
EĊƌĚƵďƌƵŐĞƌĞƚZ^ϮϯϮƐĞƌŝĞůƚƉŽƌƚŬĂďĞůƟůĂƚĨŽƌďŝŶĚĞĚŝŶƐŬčƌŵƟůĞŶĞŬƐƚĞƌŶĐŽŵƉƵƚĞƌŬĂŶŶŽŐůĞĂĨ
ĨƵŶŬƟŽŶĞƌŶĞƐƚLJƌĞƐƉĊƉĐΖĞŶĞƚĞƌĨƵŶŬƟŽŶĞƌƐŽŵƚčŶĚƐůƵŬůLJĚƐƚLJƌŬĞũƵƐƚĞƌŝŶŐŽŐŵĞƌĞ
ϭ &ƆůŐŶĞĚĞŶƐƚĊĞŶĚĞǀĞũůĞĚŶŝŶŐĨŽƌĂƚǀŝƐĞǀŝĚĞŽŽŐůLJĚĨƌĂĞŶĞŬƐƚĞƌŶƉĐ
ĞŵčƌŬĞƚĞƌŽŐƐĊŵƵůŝŐƚĂƚƟůƐůƵƩĞĞŶĞŬƐƚĞƌŶƉĐƟůƐŬčƌŵĞŶŵĞĚĞƚ,D/ͲŬĂďĞů
ͻdŝůƐůƵƚĞƚs'ͲŬĂďĞů;ϭϱƐƟŬďĞŶͿĨƌĂĚŝŶĞŬƐƚĞƌŶĞƉĐƟůs'ͲŝŶĚŐĂŶŐƐƐƟŬŬĞƚƉĊƐŬčƌŵĞŶ
ͻdŝůƐůƵƚĞƚůLJĚŬĂďĞůĨƌĂůLJĚƵĚŐĂŶŐƐƐƟŬŬĞƚƉĊĚŝŶĞŬƐƚĞƌŶĞƉĐƟůůLJĚŝŶĚŐĂŶŐƐƐƟŬŬĞƚƉĊ
ƐŬčƌŵĞŶ
Ϯ dŝůƐůƵƚĞƚh^ͲŬĂďĞůƟůĚĞŶĞŬƐƚĞƌŶĞƉĐĨƌĂdKh,KhdͲƉŽƌƚĞŶƉĊƐŬčƌŵĞŶ
ĞŵčƌŬ&ŽƌĂƚŽƉŶĊĞƚŽƉƟŵĂůƚƌĞƐƵůƚĂƚĞƚƐŬĂůĚƵǀčůŐĞϭϵϮϬdžϭϬϴϬƉƐŽŵŽƉůƆƐŝŶŐƉĊĚĞŶ
ĞŬƐƚĞƌŶĞĐŽŵƉƵƚĞƌ
>LJĚŝŶĚŐĂŶŐ
s'
dKh,Ϯ
^ĞƌŝĞůƉŽƌƚŬĂďĞů
Z^ϮϯϮ
E^<
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dŝůƐůƵƚŶŝŶŐƟůĞŬƐƚĞƌŶĞh^ͲĞŶŚĞĚĞƌ
,D/ͲƟůƐůƵƚŶŝŶŐĞƌ
^ĊĚĂŶŬŽŵŵĞƌĚƵŝŐĂŶŐ
,D/
h^ͲƵĚƐƚLJƌ ZŽƵƚĞƌŽŐĂŶĚƌĞ
ŶĞƚǀčƌŬƐƐŝŐŶĂůĞƌ
ϭ ŬƐƚĞƌŶĞh^ͲĞŶŚĞĚĞƌ^ůƵƚŬĂďůĞƚĨƌĂh^ͲĞŶŚĞĞŶƟůh^/EͲƉŽƌƚĞŶ
Ϯ EĞƚǀčƌŬƐͲŽŐŵŽĚĞŵŬĂďůĞƌ^ůƵƚƌŽƵƚĞƌŬĂďůĞƚƟů>E/EͲƉŽƌƚĞŶ
ϯ DŝŬƌŽĨŽŶ^ůƵƚŵŝŬƌŽĨŽŶŬĂďůĞƚƟůŵŝŬƌŽĨŽŶƐƟŬŬĞƚ
E^<
86% 86% 86%
6WU¡PLQGJDQJ$&
86% 86% 86%
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E^<
86% 86% 86%
86% 86% 86%
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E^<
86% 86% 86%
86% 86% 86%
ϭ
Ϯ
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/&WϱϬͲϯͲƐĞƌŝĞƌĞŶͺY^'ͺϭďͺEͺϮϬϮϬϬϮϭϬ
ŽƉLJƌŝŐŚƚΞϮϬϮϬsŝĞǁ^ŽŶŝĐŽƌƉŽƌĂƟŽŶůůĞƌĞƫŐŚĞĚĞƌĨŽƌďĞŚŽůĚĞƐ
KǀĞƌĞŶƐƐƚĞŵŵĞůƐĞƐĞƌŬůčƌŝŶŐĨƌĂ&ĞŶŶĞĞŶŚĞĚŽǀĞƌŚŽůĚĞƌƐƚŬϭϱŝ&ͲƌĞŐůĞƌŶĞƌŝŌĞŶĞƌ
ƵŶĚĞƌůĂŐƚĨƆůŐĞŶĚĞƚŽďĞƟŶŐĞůƐĞƌ;ϭͿĞŶŶĞĞŶŚĞĚŵĊŝŬŬĞĨŽƌĊƌƐĂŐĞƐŬĂĚĞůŝŐŝŶƚĞƌĨĞƌĞŶƐŽŐ;ϮͿĚĞŶŶĞ
ĞŶŚĞĚƐŬĂůĂĐĐĞƉƚĞƌĞĞŶŚǀĞƌŵŽĚƚĂŐĞƚŝŶƚĞƌĨĞƌĞŶƐŚĞƌƵŶĚĞƌŝŶƚĞƌĨĞƌĞŶƐĚĞƌŬĂŶĨŽƌĊƌƐĂŐĞƵƆŶƐŬĞƚ
ĚƌŝŌ
KǀĞƌŚŽůĚĞůƐĞĂĨƌĞŐůĞƌŶĞĨƌĂ/ŶĚƵƐƚƌLJĂŶĂĚĂ/^ͲϬϬϯE/^Ͳϯ;ͿEDͲϯ;Ϳ
sŝĞǁ^ŽŶŝĐŽƌƉŽƌĂƟŽŶ;h^ĂŶĂĚĂ^LJĚĂŵĞƌŝŬĂͿ
ǁǁǁǀŝĞǁƐŽŶŝĐĐŽŵƐƵƉƉŽƌƚƉƌŽĚƵĐƚͲƌĞŐŝƐƚƌĂƟŽŶ
h^
ϭͲϴϬϬͲϲϴϴͲϲϲϴϴ
ĐƵƐƚŽŵĞƌƐĞƌǀŝĐĞΛǀŝĞǁƐŽŶŝĐĐŽŵ
ĂŶĂĚĂ
ϭͲϴϲϲͲϰϲϯͲϰϳϳϱ
ĐƵƐƚŽŵĞƌƐĞƌǀŝĐĞΛǀŝĞǁƐŽŶŝĐĐŽŵ
WƵĞƌƚŽZŝĐŽŽŐ:ŽŵĨƌƵƆĞƌŶĞ
ŚƩƉǁǁǁǀŝĞǁƐŽŶŝĐĐŽŵůĂƐŽƉŽƌƚĞƐĞƌǀŝĐŝŽͲƚĞĐŶŝĐŽ;ƐƉĂŹŽůͿ
^LJĚĂŵĞƌŝŬĂ
ŚƩƉǁǁǁǀŝĞǁƐŽŶŝĐĐŽŵůĂƐŽƉŽƌƚĞƐĞƌǀŝĐŝŽͲƚĞĐŶŝĐŽͲůĂ
KǀĞƌĞŶƐƐƚĞŵŵĞůƐĞƐĞƌŬůčƌŝŶŐ
E^<
(NVWUDWLOEHK¡U9LHZ6RQLFVXSSRUWFHQWHU
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/ŶŚŽƵĚǀĂŶǀĞƌƉĂŬŬŝŶŐ
භ^ƚƌŽŽŵŬĂďĞů;ǀĞƌnjĞŶĚĞŶƉĞƌ
ƌĞŐŝŽͿ
භĨƐƚĂŶĚƐďĞĚŝĞŶŝŶŐ
භͲďĂƩĞƌŝũdžϮ
භh^ͲŬĂďĞů
භĂŶƌĂĂŬƉĞŶ
භ^ŶĞůƐƚĂƌƚŐŝĚƐ
භZ^ϮϯϮͲĂĚĂƉƚĞƌ
භ<ůĞŵdžϱ
භĂŵĞƌĂƉůĂĂƚ
භ^ĐŚƌŽĞĨ
භ^ŝŐŶĂĂůŬĂďĞůĐŽŵƉĂƟďĞůŵĞƚ
,D/
EZ>E^
sĞƌnjĞŶĚĞŶƉĞƌƌĞŐŝŽ
ϭϱs
ϭϱs
sŝĞǁŽĂƌĚ/&WϱϬͲƐĞƌŝĞ
ŽŵŵĞƌĐŝĂůdŽƵĐŚŝƐƉůĂLJ
^ŶĞůůĞŐĞďƌƵŝŬƐŚĂŶĚůĞŝĚŝŶŐ
'ƵşĂĚĞŝŶŝĐŝŽƌĄƉŝĚŽ
'ƵŝĚĞƌĂƉŝĚĞĚĞĚĠďƵƚ
'ƵŝĂĚĞŝŶŝĐŝŽƌĂƉŝĚŽ
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^ƉĞĐŝĮĐĂƟĞƐǀŽŽƌŚĞƚŵŽŶƚĞƌĞŶĂĂŶĚĞŵƵƵƌ;s^Ϳ
ŝŶĐŚ s^^ƉĞĐ;džͿ ^ƚĂŶĚĂĂƌĚƐĐŚƌŽĞĨ;džͿ ,ŽĞǀĞĞůŚĞŝĚ
/&WϱϱϱϬͲϱϱ ϰϬϬdžϮϬϬŵŵ DϴdžϮϱŵŵ ϰ
/&WϲϱϱϬͲϲϱ ϲϬϬdžϰϬϬŵŵ DϴdžϮϱŵŵ ϰ
/&WϳϱϱϬͲϳϱ ϴϬϬdžϰϬϬŵŵ DϴdžϮϱŵŵ ϰ
/&WϴϲϱϬͲϴϲ ϴϬϬdžϲϬϬŵŵ DϴdžϮϱŵŵ ϰ
EZ>E^
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ĂŶĚĂĐŚƚǀŽŽƌŝŶƐƚĂůůĂƟĞͲŽŵŐĞǀŝŶŐ
ϰŝŶĐŚ
;ϭϬĐŵͿ
ϰŝŶĐŚ
;ϭϬĐŵͿ
ϰŝŶĐŚ
;ϭϬĐŵͿ
ϭϭϴϳϱŝŶĐŚ
;ϯϬϭϲĐŵͿ
EZ>E^
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KǀĞƌnjŝĐŚƚďĞĚŝĞŶŝŶŐƐƉĂŶĞĞů
EZ>E^
86% 86% 86%
/ƚĞŵ KŵƐĐŚƌŝũǀŝŶŐ
'UXNRSGHNQRSRPKHWDSSDUDDWLQWHVFKDNHOHQ
'UXNRSGHNQRSRPDOOHHQGHDFKWHUJURQGYHUOLFKWLQJYDQKHWGLVSOD\XLWLQWHVFKDNHOHQ
'UXNRSGHNQRSHQEOLMIGUXNNHQRPKHWDSSDUDDWXLWWHVFKDNHOHQ
dĞƌƵŐŶĂĂƌŚŽŽĨĚŝŶƚĞƌĨĂĐĞǀĂŶŝŶŐĞďĞĚĚĞƐƉĞůĞƌ
dĞƌƵŐŶĂĂƌǀŽƌŝŐĞŶŝǀĞĂƵǀĂŶŝŶŐĞďĞĚĚĞƐƉĞůĞƌ
&ƵŶĐƟĞŵĞŶƵŽƉƌŽĞƉĞŶ
sŽůƵŵĞnjĂĐŚƚĞƌnjĞƩĞŶ
sŽůƵŵĞŚĂƌĚĞƌnjĞƩĞŶ
h^ͲƉŽŽƌƚǀŽŽƌŝŶŐĞďŽƵǁĚĞƐƉĞůĞƌĞŶŝŶƚĞƌŶĞW
KŶƚǀĂŶŐƚƐŝŐŶĂůĞŶǀĂŶĚĞĂĨƐƚĂŶĚƐďĞĚŝĞŶŝŶŐ
ϭ
Ϯ
ϯ
ϰ
ϱ
ϲ
ϳ
ϴ
/KͲƉŽŽƌƚ
KƉƟŽŶĞůĞƐůĞƵĨŝŶW
sWϭϱͲtWsWϭϲͲtWsWϭϳͲtW
dŽƵĐŚϮǀŽŽƌ,D/ϮΘs'
dŽƵĐŚϭǀŽŽƌ,D/ϭΘ,D/Ϯ
KƉƟŽŶĞůĞtŝ&ŝͲŵŽĚƵůĞ
>Ͳt/&/ͲϬϬϭ
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KǀĞƌnjŝĐŚƚĂĨƐƚĂŶĚƐďĞĚŝĞŶŝŶŐ
ƌƵŬŚŝĞƌŽƉŽŵĚĞĚŝƐƉůĂLJ
Eh/dƚĞnjĞƩĞŶ
ĞŵƉĞŶĞŵƉĞŶŽŶŐĞĚĂĂŶ
ŵĂŬĞŶ
'ĞĞĨŝŶĨŽƌŵĂƟĞǁĞĞƌǀĂŶĚĞ
ŚƵŝĚŝŐĞŝŶǀŽĞƌďƌŽŶ
>ĞĞŐƐĐŚĞƌŵ
^ĐŚĞƌŵƉĂƵnjĞƌĞŶ
EƵŵĞƌŝĞŬĞŝŶǀŽĞƌŬŶŽƉ
ƌƵŬŽŵƚĞƐĐŚĂŬĞůĞŶƚƵƐƐĞŶ
WͲƚŽĞƉĂƐƐŝŶŐĞŶ
EƵŵĞƌŝĞŬĞŝŶǀŽĞƌŬŶŽƉ
,ƵŝĚŝŐĞWͲǀĞŶƐƚĞƌƐůƵŝƚĞŶ
ƌŽŶƐĞůĞĐƟĞŬŶŽƉ
ƌƵŬŽŵŵĞŶƵǁĞĞƌƚĞŐĞǀĞŶ
^ĐŚĞƌŵǀĂƐƚůĞŐŐĞŶ
dĂďďůĂĚͲŬŶŽƉW
^ĐŚĂŬĞůŽǀĞƌŶĂĂƌƐůĞƵĨŝŶ
WͲĚĞƐŬƚŽƉ
ĂĐŬƐƉĂĐĞͲŬŶŽƉW
tŝŶĚŽǁƐͲŬŶŽƉW
DĞŶƵͲŬŶŽƉW
ƌƵŬŽŵŽŵŚŽŽŐƚĞƐĐƌŽůůĞŶ
ƌƵŬŽŵŽŵůĂĂŐƚĞƐĐƌŽůůĞŶ
ŶƚĞƌͲŬŶŽƉƌƵŬĞƌŽƉŽŵŽƉƟĞƐ
ƚĞƐĞůĞĐƚĞƌĞŶ
KƉƐƚĂƌƚĞŶƐĐŚƌŝũĨƐŽŌǁĂƌĞ
^ŶĞůŬŽƉƉĞůŝŶŐƐŬŶŽƉǀŽŽƌ
ĂĨƐůƵŝƚĞŶĚŝĂůŽŽŐǀĞŶƐƚĞƌƐ
dĞƌƵŐ
^ƉĂƟĞͲŬŶŽƉW
,нsŽƌŝŐĞƉĂŐŝŶĂW
,ͲsŽůŐĞŶĚĞƉĂŐŝŶĂW
sŽůƵŵĞŚŽŐĞƌůĂŐĞƌ
tŝŶĚŽǁƐ&ϭͲĨƵŶĐƟĞ
tŝŶĚŽǁƐ&ϮͲĨƵŶĐƟĞ
tŝŶĚŽǁƐ&ϯͲĨƵŶĐƟĞ
tŝŶĚŽǁƐ&ϰͲĨƵŶĐƟĞ
tŝŶĚŽǁƐ&ϱͲĨƵŶĐƟĞ
tŝŶĚŽǁƐ&ϲͲĨƵŶĐƟĞ
tŝŶĚŽǁƐ&ϳͲĨƵŶĐƟĞ
tŝŶĚŽǁƐ&ϴͲĨƵŶĐƟĞ
tŝŶĚŽǁƐ&ϵͲĨƵŶĐƟĞ
tŝŶĚŽǁƐ&ϭϬͲĨƵŶĐƟĞ
tŝŶĚŽǁƐ&ϭϭͲĨƵŶĐƟĞ
tŝŶĚŽǁƐ&ϭϮͲĨƵŶĐƟĞ
ƌƵŬŽŵŶĂĂƌůŝŶŬƐƚĞƐĐƌŽůůĞŶ
ƌƵŬŽŵŶĂĂƌƌĞĐŚƚƐƚĞƐĐƌŽůůĞŶ
EZ>E^
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ĞŶĞdžƚĞƌŶĞWĂĂŶƐůƵŝƚĞŶ
Z^ϮϯϮͲǀĞƌďŝŶĚŝŶŐĞŶ
ůƐƵĞĞŶƐĞƌŝģůĞZ^ϮϯϮͲƉŽŽƌƚŬĂďĞůŐĞďƌƵŝŬƚŽŵƵǁĚŝƐƉůĂLJƚĞǀĞƌďŝŶĚĞŶŵĞƚĞĞŶĞdžƚĞƌŶĞĐŽŵƉƵƚĞƌ
ŬƵŶŶĞŶďĞƉĂĂůĚĞĨƵŶĐƟĞƐǁŽƌĚĞŶŐĞƌĞŐĞůĚĚŽŽƌĚĞWŵĞƚŝŶďĞŐƌŝƉǀĂŶĂĂŶƵŝƚƐĐŚĂŬĞůĞŶǀŽůƵŵĞ
ƌĞŐĞůĞŶĞŶŵĞĞƌ
ϭ sŽŽƌŚĞƚǁĞĞƌŐĞǀĞŶǀĂŶǀŝĚĞŽĞŶŐĞůƵŝĚǀĂŶĞĞŶĞdžƚĞƌŶĞWǀŽůŐƚƵĚĞŽŶĚĞƌƐƚĂĂŶĚĞŝŶƐƚƌƵĐƟĞƐ
KƉŵĞƌŬŝŶŐdžƚĞƌŶĞWĐƐŬƵŶŶĞŶŽŽŬǁŽƌĚĞŶĂĂŶŐĞƐƐůŽƚĞŶŽƉŚĞƚĚŝƐƉůĂLJǀŝĂĚĞ,D/ͲŬĂďĞů
ͻsĞƌďŝŶĚĞĞŶs'ͲŬĂďĞů;ϭϱƉŝŶŶĞŶͿǀĂŶƵǁĞdžƚĞƌŶĞWŶĂĂƌĚĞs'/EͲƉŽŽƌƚŽƉĚĞĚŝƐƉůĂLJ
ͻsĞƌďŝŶĚĞĞŶĂƵĚŝŽŬĂďĞůǀĂŶĚĞh/KKhdͲƉŽŽƌƚŽƉƵǁĞdžƚĞƌŶĞWŵĞƚĚĞh/K/EͲƉŽŽƌƚŽƉĚĞ
ĚŝƐƉůĂLJ
Ϯ sĞƌďŝŶĚĞĞŶh^ͲŬĂďĞůŵĞƚĚĞĞdžƚĞƌŶĞWǀĂŶĂĨĚĞdKh,KhdͲƉŽŽƌƚǀĂŶĚĞĚŝƐƉůĂLJ
KƉŵĞƌŬŝŶŐ^ĞůĞĐƚĞĞƌǀŽŽƌŽƉƟŵĂůĞƌĞƐƵůƚĂƚĞŶϭϵϮϬdžϭϬϴϬƉĂůƐŝŶŐĂŶŐƐƌĞƐŽůƵƟĞǀĂŶĚĞĞdžƚĞƌŶĞ
ĐŽŵƉƵƚĞƌ
h/K/E
s'
dKh,Ϯ
<ĂďĞůƐĞƌŝĞƉŽŽƌƚ
Z^ϮϯϮ
EZ>E^
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h^ͲƌĂŶĚĂƉƉĂƌĂƚƵƵƌĂĂŶƐůƵŝƚĞŶ
,D/ͲǀĞƌďŝŶĚŝŶŐĞŶ
ĞŐŝŶŶĞŶŵĞƚŐĞďƌƵŝŬ
,D/
h^ͲĂƉƉĂƌĂƚƵƵƌ KƵƚƉƵƚǀĂŶƌŽƵƚĞƌĞŶ
ĂŶĚĞƌĞŶĞƚǁĞƌŬƐŝŐŶĂůĞŶ
ϭ h^ͲƌĂŶĚĂƉƉĂƌĂƚƵƵƌ^ƚŽƉĚĞŬĂďĞůǀĂŶŚĞƚh^ͲĂƉƉĂƌĂĂƚŝŶĚĞh^/EͲƉŽŽƌƚ
Ϯ EĞƚǁĞƌŬͲĞŶŵŽĚĞŵŬĂďĞůƐ^ƚŽƉĚĞŬĂďĞůǀĂŶĚĞƌŽƵƚĞƌŝŶĚĞ>E/EͲƉŽŽƌƚ
ϯ DŝĐƌŽĨŽŽŶ^ƚŽƉĚĞŬĂďĞůǀĂŶĚĞŵŝĐƌŽĨŽŽŶŝŶĚĞD/ͲƉŽŽƌƚ
EZ>E^
86% 86% 86%
$&,1
86% 86% 86%
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EZ>E^
86% 86% 86%
86% 86% 86%
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EZ>E^
86% 86% 86%
86% 86% 86%
ϭ
Ϯ
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/&WϱϬͲϯƐĞƌŝĞƐͺY^'ͺϭďͺhdͺϮϬϮϬϬϮϭϬ
ŽƉLJƌŝŐŚƚΞϮϬϮϬsŝĞǁ^ŽŶŝĐŽƌƉŽƌĂƟŽŶůůĞƌĞĐŚƚĞŶǀŽŽƌďĞŚŽƵĚĞŶ
&ͲŶĂůĞǀŝŶŐƐǀĞƌŬůĂƌŝŶŐŝƚĂƉƉĂƌĂĂƚǀŽůĚŽĞƚĂĂŶĞĞůϭϱǀĂŶĚĞ&ͲǀŽŽƌƐĐŚƌŝŌĞŶĞďĞĚŝĞŶŝŶŐŵŽĞƚ
ďĞĂŶƚǁŽŽƌĚĞŶĂĂŶĚĞǀŽůŐĞŶĚĞƚǁĞĞǀŽŽƌǁĂĂƌĚĞŶ;ϭͿĚŝƚĂƉƉĂƌĂĂƚŵĂŐŐĞĞŶƐĐŚĂĚĞůŝũŬĞƌƵŝƐ
ǀĞƌŽŽƌnjĂŬĞŶĞŶ;ϮͿĚŝƚĂƉƉĂƌĂĂƚĚŝĞŶƚŽŶƚǀĂŶŐĞŶƌƵŝƐƚĞĂĐĐĞƉƚĞƌĞŶŝŶĐůƵƐŝĞĨƌƵŝƐĚŝĞŽŶŐĞǁĞŶƐƚĞ
ǁĞƌŬŝŶŐŬĂŶǀĞƌŽŽƌnjĂŬĞŶ
/ŶĚƵƐƚƌLJĂŶĂĚĂ/^ͲϬϬϯͲŶĂůĞǀŝŶŐE/^Ͳϯ;ͿEDͲϯ;Ϳ
sŝĞǁ^ŽŶŝĐŽƌƉŽƌĂƟŽŶ;s^ĂŶĂĚĂ>ĂƟũŶƐͲŵĞƌŝŬĂͿ
ǁǁǁǀŝĞǁƐŽŶŝĐĐŽŵƐƵƉƉŽƌƚƉƌŽĚƵĐƚͲƌĞŐŝƐƚƌĂƟŽŶ
sĞƌĞŶŝŐĚĞ^ƚĂƚĞŶ
ϭͲϴϬϬͲϲϴϴͲϲϲϴϴ
ĐƵƐƚŽŵĞƌƐĞƌǀŝĐĞΛǀŝĞǁƐŽŶŝĐĐŽŵ
EĂůĞǀŝŶŐƐǀĞƌŬůĂƌŝŶŐ
EZ>E^
2SWLRQHHODFFHVVRLUH9LHZ6RQLFRQGHUVWHXQLQJVFHQWUXP
ĂŶĂĚĂ
ϭͲϴϲϲͲϰϲϯͲϰϳϳϱ
ĐƵƐƚŽŵĞƌƐĞƌǀŝĐĞΛǀŝĞǁƐŽŶŝĐĐŽŵ
WƵĞƌƚŽZŝĐŽΘsŝƌŐŝŶ/ƐůĂŶĚƐ
ŚƩƉǁǁǁǀŝĞǁƐŽŶŝĐĐŽŵůĂƐŽƉŽƌƚĞƐĞƌǀŝĐŝŽͲƚĞĐŶŝĐŽ;ƐƉĂŹŽůͿ
>ĂƟũŶƐͲŵĞƌŝŬĂ
ŚƩƉǁǁǁǀŝĞǁƐŽŶŝĐĐŽŵůĂƐŽƉŽƌƚĞƐĞƌǀŝĐŝŽͲƚĞĐŶŝĐŽͲůĂ
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WĂŬŬĂƵŬƐĞŶƐŝƐćůƚƂ
භsŝƌƚĂŬĂĂƉĞůŝ;ƚŽŝŵŝƚƵƐĂůƵĞŝƚͲ
ƚĂŝŶͿ
භ<ĂƵŬŽƐććĚŝŶ
භͲƉĂƌŝƐƚŽdžϮ
භh^ͲŬĂĂƉĞůŝ
භ<ŽƐŬĞƚƵƐŬLJŶć
භWŝŬĂŽƉĂƐ
භZ^ϮϯϮͲƐŽǀŝƟŶ
භ<ŝƌŝƐƟŶdžϱ
භ<ĂŵĞƌĂůĞǀLJ
භZƵƵǀŝ
භ,D/ͲLJŚƚĞĞŶƐŽƉŝǀĂƐŝŐŶĂĂͲ
ůŝŬĂĂƉĞůŝ
^hKD/
dŽŝŵŝƚƵƐĂůƵĞŝƩĂŝŶ
ϭϱs
ϭϱs
sŝĞǁŽĂƌĚ/&WϱϬͲƐĂƌũĂ
<ĂƵƉĂůůŝŶĞŶŬŽƐŬĞƚƵƐŶćLJƩƂ
WŝŬĂŬćLJŶŶŝƐƚLJƐŽƉĂƐ
'ƵşĂĚĞŝŶŝĐŝŽƌĄƉŝĚŽ
'ƵŝĚĞƌĂƉŝĚĞĚĞĚĠďƵƚ
'ƵŝĂĚĞŝŶŝĐŝŽƌĂƉŝĚŽ
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^ĞŝŶćŬŝŝŶŶŝƚLJƐƐĂƌũĂŶƚĞŬŶŝƐĞƚƟĞĚŽƚ;s^Ϳ
ƚƵƵŵĂĂ s^ͲƟĞĚŽƚ;džͿ sĂŬŝŽƌƵƵǀŝ;džͿ Dććƌć
/&WϱϱϱϬͲϱϱ ϰϬϬdžϮϬϬŵŵ DϴdžϮϱŵŵ ϰ
/&WϲϱϱϬͲϲϱ ϲϬϬdžϰϬϬŵŵ DϴdžϮϱŵŵ ϰ
/&WϳϱϱϬͲϳϱ ϴϬϬdžϰϬϬŵŵ DϴdžϮϱŵŵ ϰ
/&WϴϲϱϬͲϴϲ ϴϬϬdžϲϬϬŵŵ DϴdžϮϱŵŵ ϰ
^hKD/
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ƐĞŶŶƵƐLJŵƉćƌŝƐƚƂŚƵŽŵŝŽŝƚĂ
ϰƚƵƵŵĂĂ
;ϭϬĐŵͿ
ϰƚƵƵŵĂĂ
;ϭϬĐŵͿ
ϰƚƵƵŵĂĂ
;ϭϬĐŵͿ
ϭϭϴϳϱƚƵƵŵĂĂ
;ϯϬϭϲĐŵͿ
^hKD/
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KŚũĂƵƐƉĂŶĞĞůŝŶLJůĞŝƐŬĂƚƐĂƵƐ
^hKD/
86% 86% 86%
EŝŵŝŬĞ <ƵǀĂƵƐ
3DLQDQlSSlLQWlNl\QQLVWllNVHVLODLWWHHQ
3DLQDQlSSlLQWlN\WNHlNVHVLSllOOHSRLVDLQRDVWDDQQl\W|QWDXVWDYDORQ
3LGlQlSSlLQWlSDLQHWWXQDN\WNHlNVHVLODLWWHHQSRLVSllOWl
dĂŬĂŝƐŝŶƐŝƐćŝƐĞŶƐŽŝƫŵĞŶƉććŬćLJƩƂůŝŝƩLJŵććŶ
WĂůƵƵƐŝƐćŝƐĞŶƐŽŝƫŵĞŶĞĚĞůůŝƐĞůůĞƚĂƐŽůůĞ
^ŝŝƌƌLJƚŽŝŵŝŶƚŽǀĂůŝŬŬŽŽŶ
WŝĞŶĞŶƚććććŶĞŶǀŽŝŵĂŬŬƵƵƩĂ
^ƵƵƌĞŶŶĂććŶĞŶǀŽŝŵĂŬŬƵƵƩĂ
h^ͲƉŽƌƫƐŝƐćŝƐĞůůĞƐŽŝƫŵĞůůĞũĂƐŝƐćŝƐĞůůĞWůůĞ
sĂƐƚĂĂŶŽƩĂĂƐŝŐŶĂĂůĞŝƚĂŬĂƵŬŽƐććƟŵĞƐƚć
ϭ
Ϯ
ϯ
ϰ
ϱ
ϲ
ϳ
ϴ
/KͲƉŽƌƫ
sĂůŝŶŶĂŝŶĞŶƉĂŝŬŬĂWƐƐć
sWϭϱͲtWsWϭϲͲtWsWϭϳͲtW
dŽƵĐŚϮ,D/ϮƚĂũĂs'ƚĂǀĂƌƚĞŶ
dŽƵĐŚϭ,D/ϭƚćũĂ,D/ϮƚĂǀĂƌƚĞŶ
sĂůŝŶŶĂŝŶĞŶtŝĮͲŵŽĚƵƵůŝ
>Ͳt/&/ͲϬϬϭ
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<ĂƵŬŽƐććƟŵĞŶůĞŝƐŬĂƚƐĂƵƐ
WĂŝŶĂŬLJƚŬĞćŬƐĞƐŝŶćLJƚƂŶ
W>>WK/^
DLJŬŝƐƚćWŽŝƐƚĂŵLJŬŝƐƚLJƐ
EćLJƚćŶLJŬLJŝƐĞŶƚƵůŽůćŚƚĞĞŶ
ƟĞĚŽƚ
dLJŚũćŶćLJƩƂ
WLJƐćLJƚćŶćLJƩƂ
EƵŵĞƌŽƐLJƂƩƂƉĂŝŶŝŬĞ
WĂŝŶĂǀĂŝŚƚĂĂŬƐĞƐŝ
WͲƐŽǀĞůůƵƐƚĞŶǀćůŝůůć
EƵŵĞƌŽƐLJƂƩƂƉĂŝŶŝŬĞ
^ƵůũĞŶLJŬLJŝŶĞŶWͲŝŬŬƵŶĂ
>ćŚƚĞĞŶǀĂůŝŶƚĂƉĂŝŶŝŬĞ
WĂŝŶĂŶćLJƩććŬƐĞƐŝǀĂůŝŬŽŶ
ZƵƵĚƵŶŬĂĂƉƉĂƵƐ
WŶsćůŝůĞŚƟƉĂŝŶŝŬĞ
<LJƚŬĞƚĞŚĚćŬƐĞƐŝƟůĂĂWŶ
ƚLJƂƉƂLJĚćůůĞ
WŶĂƐŬĞůƉĂůĂƵƟŶƉĂŝŶŝŬĞ
WŶtŝŶĚŽǁƐͲƉĂŝŶŝŬĞ
WŶsĂůŝŬŬŽƉĂŝŶŝŬĞ
WĂŝŶĂǀŝĞƌŝƩććŬƐĞƐŝLJůƂƐ
WĂŝŶĂǀŝĞƌŝƩććŬƐĞƐŝĂůĂƐ
ŶƚĞƌͲƉĂŝŶŝŬĞWĂŝŶĂƐŝƚć
ǀĂůŝƚĂŬƐĞƐŝǀĂůŝŶƚŽũĂ
<ŝƌũŽŝƚƵƐŽŚũĞůŵŝƐƚŽŶŬćLJŶŶŝƐƚLJƐ
WŝŬĂǀĂůŝŶƚĂƉĂŝŶŝŬĞ
ǀĂůŝŶƚĂŝŬŬƵŶŽŝƐƚĂƉŽŝƐƚƵŵŝƐĞĞŶ
dĂŬĂŝƐŝŶ
WŶsćůŝůLJƂŶƟƉĂŝŶŝŬĞ
,нWŶĞĚĞůůŝŶĞŶƐŝǀƵ
,ͲWŶƐĞƵƌĂĂǀĂƐŝǀƵ
>ŝƐććsćŚĞŶŶć
ććŶĞŶǀŽŝŵĂŬŬƵƵƩĂ
tŝŶĚŽǁƐŝŶ&ϭͲƚŽŝŵŝŶƚŽ
tŝŶĚŽǁƐŝŶ&ϮͲƚŽŝŵŝŶƚŽ
tŝŶĚŽǁƐŝŶ&ϯͲƚŽŝŵŝŶƚŽ
tŝŶĚŽǁƐŝŶ&ϰͲƚŽŝŵŝŶƚŽ
tŝŶĚŽǁƐŝŶ&ϱͲƚŽŝŵŝŶƚŽ
tŝŶĚŽǁƐŝŶ&ϲͲƚŽŝŵŝŶƚŽ
tŝŶĚŽǁƐŝŶ&ϳͲƚŽŝŵŝŶƚŽ
tŝŶĚŽǁƐŝŶ&ϴͲƚŽŝŵŝŶƚŽ
tŝŶĚŽǁƐŝŶ&ϵͲƚŽŝŵŝŶƚŽ
tŝŶĚŽǁƐŝŶ&ϭϬͲƚŽŝŵŝŶƚŽ
tŝŶĚŽǁƐŝŶ&ϭϭͲƚŽŝŵŝŶƚŽ
tŝŶĚŽǁƐŝŶ&ϭϮͲƚŽŝŵŝŶƚŽ
WĂŝŶĂǀŝĞƌŝƩććŬƐĞƐŝǀĂƐĞŵŵĂůůĞ
WĂŝŶĂǀŝĞƌŝƩććŬƐĞƐŝŽŝŬĞĂůůĞ
^hKD/
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hůŬŽŝƐĞŶWŶůŝŝƩćŵŝŶĞŶ
Z^ϮϯϮͲLJŚƚĞLJĚĞƚ
<ƵŶŬćLJƚćƚZ^ϮϯϮͲƐĂƌũĂƉŽƌƫŬĂĂƉĞůŝĂŶćLJƚƂŶůŝŝƩćŵŝƐĞĞŶƵůŬŽŝƐĞĞŶƟĞƚŽŬŽŶĞĞƐĞĞŶƟĞƩLJũćƚŽŝŵŝŶƚŽũĂ
ǀŽŝŽŚũĂƚĂWůůćŵƵŬĂĂŶůƵŬŝĞŶǀŝƌƚĂƉććůůĞƉŽŝƐććŶĞŶǀŽŝŵĂŬŬƵƵĚĞŶƐććƚƂũŶĞ
ϭ dŽŝƐƚĂĂŬƐĞƐŝǀŝĚĞŽƚĂũĂććŶƚćƵůŬŽŝƐĞƐƚĂWƐƚćƚŽŝŵŝƐĞƵƌĂĂǀŝĞŶŽŚũĞŝĚĞŶŵƵŬĂŝƐĞƐƟ
,ƵŽŵĂƵƚƵƐhůŬŽŝƐĞƚWƚǀŽŝůŝŝƩććŶćLJƩƂƂŶŵLJƂƐ,D/ͲŬĂĂƉĞůŝůůĂ
ͻ>ŝŝƚćs'ͲŬĂĂƉĞůŝ;ϭϱͲŶĂƐƚĂŝŶĞŶͿƵůŬŽŝƐĞƐƚĂWƐƚćŶćLJƚƂŶs'/EͲƉŽƌƫŝŶ
ͻ>ŝŝƚćĂƵĚŝŽŬĂĂƉĞůŝƵůŬŽŝƐĞŶWŶh/KKhdͲƉŽƌƟƐƚĂŶćLJƚƂŶh/K/EͲƉŽƌƫŝŶ
Ϯ >ŝŝƚćh^ͲŬĂĂƉĞůŝƵůŬŽŝƐĞĞŶWŚĞŶŶćLJƚƂŶdKh,KhdͲƉŽƌƫŝŶ
,ƵŽŵĂƵƚƵƐ^ĂĂĚĂŬƐĞƐŝƉĂƌŚĂĂƚƚƵůŽŬƐĞƚǀĂůŝƚƐĞƵůŬŽŝƐĞŶƟĞƚŽŬŽŶĞĞŶƚƵůŽƌĞƐŽůƵƵƟŽŬƐŝ
ϭϵϮϬdžϭϬϴϬƉ
h/K/E
s'
dKh,Ϯ
^ĂƌũĂƉŽƌƫŬĂĂƉĞůŝ
Z^ϮϯϮ
^hKD/
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h^ͲŽŚĞŝƐůĂŝƩĞŝĚĞŶůŝŝƩćŵŝŶĞŶ
,D/ͲLJŚƚĞLJĚĞƚ
ůŽŝƚĂŬćLJƩƂ
,D/
h^ͲůĂŝƚĞ ZĞŝƟƟŶũĂŵƵƵƚ
ǀĞƌŬŬŽƐŝŐŶĂĂůŝƚƵůŽƚ
ϭ h^ͲŽŚĞŝƐůĂŝƩĞĞƚ>ŝŝƚćh^ͲůĂŝƩĞĞŶŬĂĂƉĞůŝh^/EͲƉŽƌƫŝŶ
Ϯ sĞƌŬŬŽũĂŵŽĚĞĞŵŝŬĂĂƉĞůŝƚ>ŝŝƚćƌĞŝƟƟŶŬĂĂƉĞůŝ>E/EͲƉŽƌƫŝŶ
ϯ DŝŬƌŽĨŽŶŝ>ŝŝƚćŵŝŬƌŽĨŽŶŝŬĂĂƉĞůŝD/ͲƉŽƌƫŝŶ
^hKD/
86% 86% 86%
$&,1
86% 86% 86%
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^hKD/
86% 86% 86%
86% 86% 86%
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^hKD/
86% 86% 86%
86% 86% 86%
ϭ
Ϯ
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/&WϱϬͲϯƐĞƌŝĞƐͺY^'ͺϭďͺ&/EͺϮϬϮϬϬϮϭϬ
ŽƉLJƌŝŐŚƚΞϮϬϮϬsŝĞǁ^ŽŶŝĐŽƌƉŽƌĂƟŽŶ<ĂŝŬŬŝŽŝŬĞƵĚĞƚƉŝĚćƚĞƚććŶ
&ͲLJŚĚĞŶŵƵŬĂŝƐƵƵƐŝůŵŽŝƚƵƐ>ĂŝƚĞŽŶ&ͲƐććŶƚƂũĞŶŽƐĂŶϭϱŵƵŬĂŝŶĞŶ>ĂŝƩĞĞŶŬćLJƩƂćŬŽƐŬĞǀĂƚ
ƐĞƵƌĂĂǀĂƚŬĂŬƐŝĞŚƚŽĂ;ϭͿƚćŵćůĂŝƚĞƐĂĂƩĂĂĂŝŚĞƵƩĂĂŚĂŝƚĂůůŝƐƚĂŚćŝƌŝƂƚćũĂ;ϮͿƚćŵćŶůĂŝƩĞĞŶƚƵůĞĞ
ǀĂƐƚĂĂŶŽƩĂĂƐŝŝŚĞŶƚƵůĞǀĂŚćŝƌŝƂŵƵŬĂĂŶůƵŬŝĞŶŚćŝƌŝƂƚũŽŬĂǀŽŝǀĂƚĂŝŚĞƵƩĂĂĞŝͲƚŽŝǀŽƩƵũĂƚŽŝŵŝŶƚŽũĂ
/ŶĚƵƐƚƌLJĂŶĂĚĂ/^ͲϬϬϯͲLJŚĚĞŶŵƵŬĂŝƐƵƵƐE/^Ͳϯ;ͿEDͲϯ;Ϳ
sŝĞǁ^ŽŶŝĐŽƌƉŽƌĂƟŽŶ;zŚĚLJƐǀĂůůĂƚ<ĂŶĂĚĂ
>ĂƟŶĂůĂŝŶĞŶŵĞƌŝŬŬĂͿ
ǁǁǁǀŝĞǁƐŽŶŝĐĐŽŵƐƵƉƉŽƌƚƉƌŽĚƵĐƚͲƌĞŐŝƐƚƌĂƟŽŶ
zŚĚLJƐǀĂůůĂƚ
<ĂŶĂĚĂ
WƵĞƌƚŽZŝĐŽũĂEĞŝƚƐLJƚƐĂĂƌĞƚ
>ĂƟŶĂůĂŝŶĞŶŵĞƌŝŬŬĂ
zŚƚĞĞŶƐŽƉŝǀƵƵƐŝůŵŽŝƚƵƐ
^hKD/
9DOLQQDLQHQOLVlYDUXVWH9LHZ6RQLFWXNLNHVNXV
ϭͲϴϬϬͲϲϴϴͲϲϲϴϴ
ĐƵƐƚŽŵĞƌƐĞƌǀŝĐĞΛǀŝĞǁƐŽŶŝĐĐŽŵ
ϭͲϴϲϲͲϰϲϯͲϰϳϳϱ
ĐƵƐƚŽŵĞƌƐĞƌǀŝĐĞΛǀŝĞǁƐŽŶŝĐĐŽŵ
ŚƩƉǁǁǁǀŝĞǁƐŽŶŝĐĐŽŵůĂƐŽƉŽƌƚĞƐĞƌǀŝĐŝŽͲƚĞĐŶŝĐŽ;ƐƉĂŹŽůͿ
ŚƩƉǁǁǁǀŝĞǁƐŽŶŝĐĐŽŵůĂƐŽƉŽƌƚĞƐĞƌǀŝĐŝŽͲƚĞĐŶŝĐŽͲůĂ
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ŽŶƚĞŶƵĚĞůĂƚĞ
භąďůĞĚĂůŝŵĞŶƚĂƟŽŶ;ǀĂƌŝĞ
ƐĞůŽŶůĂƌĠŐŝŽŶͿ
භdĠůĠĐŽŵŵĂŶĚĞ
භϮƉŝůĞƐ
භąďůĞh^
භ^ƚLJůĞƚƚĂĐƟůĞ
භ'ƵŝĚĞĚĞĚĠŵĂƌƌĂŐĞƌĂƉŝĚĞ
භĚĂƉƚĂƚĞƵƌZ^ϮϯϮ
භϱƉŝůĞƐWŝŶĐĞ
භWůĂƋƵĞĚĞĐĂŵĠƌĂ
භsŝƐ
භąďůĞĚĞƐŝŐŶĂůĐŽŵƉĂƟďůĞ
ĂǀĞĐ,D/
&ZE/^
sĂƌŝĞƐĞůŽŶůĂƌĠŐŝŽŶ
ϭϱs
ϭϱs
sŝĞǁŽĂƌĚƐĠƌŝĞ/&WϱϬ
ĐƌĂŶƚĂĐƟůĞĐŽŵŵĞƌĐŝĂů
'ƵŝĚĞĚĞĚĠŵĂƌƌĂŐĞƌĂƉŝĚĞ
'ƵşĂĚĞŝŶŝĐŝŽƌĄƉŝĚŽ
'ƵŝĚĞƌĂƉŝĚĞĚĞĚĠďƵƚ
'ƵŝĂĚĞŝŶŝĐŝŽƌĂƉŝĚŽ
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^ƉĠĐŝĮĐĂƟŽŶƐĚƵŬŝƚĚĞŵŽŶƚĂŐĞŵƵƌĂů
WŽƵĐĞƐ ^ƉĠĐs^;džͿ sŝƐƐƚĂŶĚĂƌĚ;džͿ YƵĂŶƟƚĠ
/&WϱϱϱϬͲϱϱ ϰϬϬdžϮϬϬŵŵ DϴdžϮϱŵŵ ϰ
/&WϲϱϱϬͲϲϱ ϲϬϬdžϰϬϬŵŵ DϴdžϮϱŵŵ ϰ
/&WϳϱϱϬͲϳϱ ϴϬϬdžϰϬϬŵŵ DϴdžϮϱŵŵ ϰ
/&WϴϲϱϬͲϴϲ ϴϬϬdžϲϬϬŵŵ DϴdžϮϱŵŵ ϰ
&ZE/^
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DŝƐĞĞŶŐĂƌĚĞƌĞůĂƟǀĞăůΖĞŶǀŝƌŽŶŶĞŵĞŶƚĚΖŝŶƐƚĂůůĂƟŽŶ
ϰƉŽƵĐĞƐ
;ϭϬĐŵͿ
ϰƉŽƵĐĞƐ
;ϭϬĐŵͿ
ϰƉŽƵĐĞƐ
;ϭϬĐŵͿ
ϭϭϴϳϱƉŽƵĐĞƐ
;ϯϬϭϲĐŵͿ
&ZE/^
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WƌĠƐĞŶƚĂƟŽŶĚƵƉĂŶŶĞĂƵĚĞĐŽŵŵĂŶĚĞƐ
&ZE/^
86% 86% 86%
ůĠŵĞŶƚ ĞƐĐƌŝƉƟŽŶ
$SSX\H]SRXUDOOXPHUODSSDUHLO
$SSX\H]VXUODWRXFKHSRXUGpVDFWLYHUDFWLYHUXQLTXHPHQWOHUpWURpFODLUDJHGHO¶pFUDQ
$SSX\H]HQPDLQWHQH]HQIRQFpSRXUpWHLQGUHODSSDUHLO
ZĞƚŽƵƌăůΖŝŶƚĞƌĨĂĐĞƉƌŝŶĐŝƉĂůĞĚƵůĞĐƚĞƵƌŝŶƚĠŐƌĠ
ZĞǀĞŶŝƌĂƵŶŝǀĞĂƵƉƌĠĐĠĚĞŶƚĚƵůĞĐƚĞƵƌŝŶƚĠŐƌĠ
DĞŶƵĚĞůĂĨŽŶĐƟŽŶĚΖĂƉƉĞů
ĂŝƐƐĞƌůĞǀŽůƵŵĞ
ƵŐŵĞŶƚĞƌůĞǀŽůƵŵĞ
WŽƌƚh^ƉŽƵƌŵďĞĚĚĞĚWůĂLJĞƌĞƚWŝŶƚĞƌŶĞ
ZĞĕŽŝƐůĞƐƐŝŐŶĂƵdžƉƌŽǀĞŶĂŶƚĚĞůĂƚĠůĠĐŽŵŵĂŶĚĞ
ϭ
Ϯ
ϯ
ϰ
ϱ
ϲ
ϳ
ϴ
WŽƌƚ^
WăĞŶĮĐŚĞƌŽƉƟŽŶŶĞů
sWϭϱͲtWsWϭϲͲtWsWϭϳͲtW
dĂĐƟůĞϮƉŽƵƌ,D/ϮĞƚs'
dĂĐƟůĞϭƉŽƵƌ,D/ϭĞƚ,D/Ϯ
DŽĚƵůĞtŝĮĞŶŽƉƟŽŶ
>Ͳt/&/ͲϬϬϭ
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WƌĠƐĞŶƚĂƟŽŶĚĞůĂƚĠůĠĐŽŵŵĂŶĚĞ
ƉƉƵLJĞnjƉŽƵƌĂůůƵŵĞƌŽƵ
ĠƚĞŝŶĚƌĞůΖĠĐƌĂŶDZ,ZZd
DƵĞƚ^ŽŶ
ĸĐŚĂŐĞĚĞƐŝŶĨŽƌŵĂƟŽŶƐƐƵƌ
ůĂƐŽƵƌĐĞĚΖĞŶƚƌĠĞƐĠůĞĐƟŽŶŶĠĞ
ĐƌĂŶǀŝĚĞ
ĐƌĂŶĮŐĠ
dŽƵĐŚĞĚĞƐĂŝƐŝĞŶƵŵĠƌŝƋƵĞ
ƉƉƵLJĞƌƉŽƵƌďĂƐĐƵůĞƌĞŶƚƌĞ
ůĞƐĂƉƉůŝĐĂƟŽŶƐƉŽƵƌŽƌĚŝŶĂƚĞƵƌ
dŽƵĐŚĞĚĞƐĂŝƐŝĞŶƵŵĠƌŝƋƵĞ
&ĞƌŵĞƌůĂĨĞŶġƚƌĞWĂĐƚƵĞůůĞ
dŽƵĐŚĞĚĞƐĠůĞĐƟŽŶĚĞůĂƐŽƵƌĐĞ
ƉƉƵLJĞnjƉŽƵƌĂĸĐŚĞƌůĞDĞŶƵ
ĂƉƚƵƌĞĚΖĠĐƌĂŶ
dŽƵĐŚĞΖKŶŐůĞƚΖW
WĂƐƐĞƌăůΖĞŵƉůĂĐĞŵĞŶƚƐƵƌůĞ
ďƵƌĞĂƵW
dŽƵĐŚĞΖZĞƚŽƵƌĂƌƌŝğƌĞΖW
dŽƵĐŚĞΖtŝŶĚŽǁƐΖW
dŽƵĐŚĞΖDĞŶƵΖW
ƉƉƵLJĞnjƉŽƵƌĨĂŝƌĞĚĠĮůĞƌǀĞƌƐ
ůĞŚĂƵƚ
ƉƉƵLJĞnjƉŽƵƌĨĂŝƌĞĚĠĮůĞƌǀĞƌƐ
ůĞďĂƐ
dŽƵĐŚĞŶƚƌĠĞƉƉƵLJĞƌƐƵƌĐĞƩĞ
ƚŽƵĐŚĞƉŽƵƌƐĠůĞĐƟŽŶŶĞƌĚĞƐŽƉƟŽŶƐ
/ŶŝƟĂůŝƐĂƟŽŶĚĞůΖĠĐƌŝƚƵƌĞĚĞ
ůŽŐŝĐŝĞů
dŽƵĐŚĞĚĞƌĂĐĐŽƵƌĐŝƉŽƵƌ
ƋƵŝƩĞƌůĞƐƚĞƐĚĞĚŝĂůŽŐƵĞ
ZĞƚŽƵƌ
dŽƵĐŚĞΖƐƉĂĐĞΖW
,нWĂŐĞƉƌĠĐĠĚĞŶƚĞW
,ͲWĂŐĞƐƵŝǀĂŶƚĞW
ƵŐŵĞŶƚĞƌĚŝŵŝŶƵĞƌůĞǀŽůƵŵĞ
&ŽŶĐƟŽŶ&ϭtŝŶĚŽǁƐ
&ŽŶĐƟŽŶ&ϮtŝŶĚŽǁƐ
&ŽŶĐƟŽŶ&ϯtŝŶĚŽǁƐ
&ŽŶĐƟŽŶ&ϰtŝŶĚŽǁƐ
&ŽŶĐƟŽŶ&ϱtŝŶĚŽǁƐ
&ŽŶĐƟŽŶ&ϲtŝŶĚŽǁƐ
&ŽŶĐƟŽŶ&ϳtŝŶĚŽǁƐ
&ŽŶĐƟŽŶ&ϴtŝŶĚŽǁƐ
&ŽŶĐƟŽŶ&ϵtŝŶĚŽǁƐ
&ŽŶĐƟŽŶ&ϭϬtŝŶĚŽǁƐ
&ŽŶĐƟŽŶ&ϭϭtŝŶĚŽǁƐ
&ŽŶĐƟŽŶ&ϭϮtŝŶĚŽǁƐ
ƉƉƵLJĞnjƉŽƵƌĨĂŝƌĞĚĠĮůĞƌǀĞƌƐ
ůĂŐĂƵĐŚĞ
ƉƉƵLJĞnjƉŽƵƌĨĂŝƌĞĚĠĮůĞƌǀĞƌƐ
ůĂĚƌŽŝƚĞ
&ZE/^
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ŽŶŶĞdžŝŽŶĚΖƵŶŽƌĚŝŶĂƚĞƵƌĞdžƚĞƌŶĞ
ŽŶŶĞdžŝŽŶƐZ^ϮϯϮ
>ŽƌƐƋƵĞǀŽƵƐƵƟůŝƐĞnjƵŶĐąďůĞĚĞƉŽƌƚƐĠƌŝĞZ^ϮϯϮƉŽƵƌĐŽŶŶĞĐƚĞƌǀŽƚƌĞĠĐƌĂŶăƵŶŽƌĚŝŶĂƚĞƵƌĞdžƚĞƌŶĞ
ĐĞƌƚĂŝŶĞƐĨŽŶĐƟŽŶƐƉĞƵǀĞŶƚġƚƌĞĐŽŶƚƌƀůĠĞƐĚĞƉƵŝƐůΖŽƌĚŝŶĂƚĞƵƌLJĐŽŵƉƌŝƐŵĂƌĐŚĞĂƌƌġƚůĞƌĠŐůĂŐĞĚƵ
ǀŽůƵŵĞ
ϭ WŽƵƌĂĸĐŚĞƌůĂǀŝĚĠŽĞƚŐĠŶĠƌĞƌůĞƐŽŶƉƌŽǀĞŶĂŶƚĚΖƵŶŽƌĚŝŶĂƚĞƵƌĞdžƚĞƌŶĞƐƵŝǀĞnjůĞƐŝŶƐƚƌƵĐƟŽŶƐ
ĐŝͲĚĞƐƐŽƵƐ
ZĞŵĂƌƋƵĞ/ůĞƐƚĠŐĂůĞŵĞŶƚƉŽƐƐŝďůĞĚĞĐŽŶŶĞĐƚĞƌĚĞƐŽƌĚŝŶĂƚĞƵƌƐĞdžƚĞƌŶĞƐăůΖĠĐƌĂŶă
ůΖĂŝĚĞĚΖƵŶĐąďůĞ,D/
ͻŽŶŶĞĐƚĞnjƵŶĐąďůĞs';ϭϱďƌŽĐŚĞƐͿĞŶƚƌĞůΖŽƌĚŝŶĂƚĞƵƌĞdžƚĞƌŶĞĞƚůĞƉŽƌƚs'/EĚĞůΖĠĐƌĂŶ
ͻŽŶŶĞĐƚĞnjƵŶĐąďůĞĂƵĚŝŽĞŶƚƌĞůĞƉŽƌƚh/KKhdĚĞǀŽƚƌĞŽƌĚŝŶĂƚĞƵƌĞdžƚĞƌŶĞĞƚůĞƉŽƌƚ
h/K/EĚĞůΖĠĐƌĂŶ
Ϯ ŽŶŶĞĐƚĞnjƵŶĐąďůĞh^ĞŶƚƌĞůΖŽƌĚŝŶĂƚĞƵƌĞdžƚĞƌŶĞĞƚůĞƉŽƌƚdKh,KhdĚĞůΖĠĐƌĂŶ
ZĞŵĂƌƋƵĞWŽƵƌĚĞƐƌĠƐƵůƚĂƚƐŽƉƟŵĂƵdžƐĠůĞĐƟŽŶŶĞnjϭϵϮϬdžϭϬϴϬƉĐŽŵŵĞƌĠƐŽůƵƟŽŶĚΖĞŶƚƌĠĞ
ĚĞůΖŽƌĚŝŶĂƚĞƵƌĞdžƚĞƌŶĞ
h/K/E
;EdZh/KͿ
s'
dd/>Ϯ
ąďůĞĚĞƉŽƌƚƐĠƌŝĞ
Z^ϮϯϮ
&ZE/^
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ŽŶŶĞdžŝŽŶĚĞƉĠƌŝƉŚĠƌŝƋƵĞƐh^
ŽŶŶĞdžŝŽŶƐ,D/
ŽŵŵĞŶĐĞƌůƵƟůŝƐĂƟŽŶ
,D/
ƋƵŝƉĞŵĞŶƚh^ ZŽƵƚĞƵƌĞƚĂƵƚƌĞƐ
ƐŽƌƟĞƐĚĞƐŝŐŶĂůƌĠƐĞĂƵ
ϭ WĠƌŝƉŚĠƌŝƋƵĞƐh^ƌĂŶĐŚĞnjůĞĐąďůĞĚƵƉĠƌŝƉŚĠƌŝƋƵĞh^ĚĂŶƐůĞƉŽƌƚh^/E
Ϯ ąďůĞƐĚĞƌĠƐĞĂƵĞƚĚĞŵŽĚĞŵƌĂŶĐŚĞnjůĞĐąďůĞĚƵƌŽƵƚĞƵƌĚĂŶƐůĞƉŽƌƚ>E/E
ϯ DŝĐƌŽƉŚŽŶĞƌĂŶĐŚĞnjůĞĐąďůĞĚƵŵŝĐƌŽƉŚŽŶĞĚĂŶƐůĞƉŽƌƚD/
&ZE/^
86% 86% 86%
(175e(&$
86% 86% 86%
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&ZE/^
86% 86% 86%
86% 86% 86%
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&ZE/^
86% 86% 86%
86% 86% 86%
ϭ
Ϯ
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/&WϱϬͲϯƐĞƌŝĞƐͺY^'ͺϭďͺ&ZEͺϮϬϮϬϬϮϭϬ
ŽƉLJƌŝŐŚƚΞϮϬϮϬsŝĞǁ^ŽŶŝĐŽƌƉŽƌĂƟŽŶdŽƵƐĚƌŽŝƚƐƌĠƐĞƌǀĠƐ
ĠĐůĂƌĂƟŽŶĚĞĐŽŶĨŽƌŵŝƚĠăůĂ&ĞƚĂƉƉĂƌĞŝůĞƐƚĐŽŶĨŽƌŵĞăůĂƌƟĐůĞϭϱĚĞƐZğŐůĞŵĞŶƚƐ&^ŽŶ
ƵƟůŝƐĂƟŽŶĞƐƚƐŽƵŵŝƐĞĂƵdžĚĞƵdžĐŽŶĚŝƟŽŶƐƐƵŝǀĂŶƚĞƐ;ϭͿĐĞƚĂƉƉĂƌĞŝůŶĞĚŽŝƚƉĂƐĐĂƵƐĞƌĚŝŶƚĞƌĨĠƌĞŶĐĞ
ŶƵŝƐŝďůĞĞƚ;ϮͿĐĞƚĂƉƉĂƌĞŝůĚŽŝƚĂĐĐĞƉƚĞƌƚŽƵƚĞƐůĞƐŝŶƚĞƌĨĠƌĞŶĐĞƐƌĞĕƵĞƐLJĐŽŵƉƌŝƐůĞƐŝŶƚĞƌĨĠƌĞŶĐĞƐ
ƉŽƵǀĂŶƚĐĂƵƐĞƌƵŶĨŽŶĐƟŽŶŶĞŵĞŶƚŶŽŶƐŽƵŚĂŝƚĠ
ŽŶĨŽƌŵŝƚĠă/ŶĚƵƐƚƌLJĂŶĂĚĂ/^ͲϬϬϯE/^Ͳϯ;ͿEDͲϯ;Ϳ
sŝĞǁ^ŽŶŝĐŽƌƉŽƌĂƟŽŶ;h^ĂŶĂĚĂŵĠƌŝƋƵĞůĂƟŶĞͿ
ǁǁǁǀŝĞǁƐŽŶŝĐĐŽŵƐƵƉƉŽƌƚƉƌŽĚƵĐƚͲƌĞŐŝƐƚƌĂƟŽŶ
ƚĂƚƐͲhŶŝƐ
ĂŶĂĚĂ
WƵĞƌƚŽZŝĐŽĞƚŠůĞƐsŝĞƌŐĞƐ
ŵĠƌŝƋƵĞůĂƟŶĞ
ĠĐůĂƌĂƟŽŶĚĞĐŽŶĨŽƌŵŝƚĠ
&ZE/^
$FFHVVRLUHHQRSWLRQ&HQWUHG¶DVVLVWDQFH9LHZ6RQLF
ϭͲϴϬϬͲϲϴϴͲϲϲϴϴ
ĐƵƐƚŽŵĞƌƐĞƌǀŝĐĞΛǀŝĞǁƐŽŶŝĐĐŽŵ
ϭͲϴϲϲͲϰϲϯͲϰϳϳϱ
ĐƵƐƚŽŵĞƌƐĞƌǀŝĐĞΛǀŝĞǁƐŽŶŝĐĐŽŵ
ŚƩƉǁǁǁǀŝĞǁƐŽŶŝĐĐŽŵůĂƐŽƉŽƌƚĞƐĞƌǀŝĐŝŽͲƚĞĐŶŝĐŽ;ƐƉĂŹŽůͿ
ŚƩƉǁǁǁǀŝĞǁƐŽŶŝĐĐŽŵůĂƐŽƉŽƌƚĞƐĞƌǀŝĐŝŽͲƚĞĐŶŝĐŽͲůĂ
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>ŝĞĨĞƌƵŵĨĂŶŐ
භEĞƚnjŬĂďĞů;ũĞŶĂĐŚZĞŐŝŽŶ
ƵŶƚĞƌƐĐŚŝĞĚůŝĐŚͿ
භ&ĞƌŶďĞĚŝĞŶƵŶŐ
භϮͲĂƩĞƌŝĞŶ
භh^Ͳ<ĂďĞů
භdŽƵĐŚͲ^ƟŌ
භ^ĐŚŶĞůůƐƚĂƌƚĂŶůĞŝƚƵŶŐ
භZ^ϮϯϮͲĚĂƉƚĞƌ
භ<ůĂŵŵĞƌdžϱ
භ<ĂŵĞƌĂƉůĂƩĞ
භ^ĐŚƌĂƵďĞ
භDŝƚ,D/ŬŽŵƉĂƟďůĞƐ
^ŝŐŶĂůŬĂďĞů
hd^,
:ĞŶĂĐŚZĞŐŝŽŶƵŶƚĞƌƐĐŚŝĞĚůŝĐŚ
ϭϱs
ϭϱs
sŝĞǁŽĂƌĚ/&WϱϬͲ^ĞƌŝĞ
<ŽŵŵĞƌnjŝĞůůĞƐdŽƵĐŚĚŝƐƉůĂLJ
^ĐŚŶĞůůƐƚĂƌƚĂŶůĞŝƚƵŶŐ
'ƵşĂĚĞŝŶŝĐŝŽƌĄƉŝĚŽ
'ƵŝĚĞƌĂƉŝĚĞĚĞĚĠďƵƚ
'ƵŝĂĚĞŝŶŝĐŝŽƌĂƉŝĚŽ
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tĂŶĚŵŽŶƚĂŐĞƐĞƚʹ^ƉĞnjŝĮŬĂƟŽŶĞŶ;s^Ϳ
Žůů s^Ͳ^ƉĞnjŝĮŬĂƟŽŶĞŶ;пͿ ^ƚĂŶĚĂƌĚƐĐŚƌĂƵďĞ;пͿ DĞŶŐĞ
/&WϱϱϱϬͲϱϱ ϰϬϬпϮϬϬŵŵ DϴdžϮϱŵŵ ϰ
/&WϲϱϱϬͲϲϱ ϲϬϬпϰϬϬŵŵ DϴdžϮϱŵŵ ϰ
/&WϳϱϱϬͲϳϱ ϴϬϬпϰϬϬŵŵ DϴdžϮϱŵŵ ϰ
/&WϴϲϱϬͲϴϲ ϴϬϬпϲϬϬŵŵ DϴdžϮϱŵŵ ϰ
hd^,
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tĂƌŶŚŝŶǁĞŝƐĞnjƵƌ/ŶƐƚĂůůĂƟŽŶƐƵŵŐĞďƵŶŐ
ϰŽůů
;ϭϬĐŵͿ
ϰŽůů
;ϭϬĐŵͿ
ϰŽůů
;ϭϬĐŵͿ
ϭϭϴϳϱŽůů
;ϯϬϭϲĐŵͿ
hd^,
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ĞĚŝĞŶĨĞůĚƺďĞƌƐŝĐŚƚ
hd^,
86% 86% 86%
ůĞŵĞŶƚ ĞƐĐŚƌĞŝďƵŶŐ
.XU]GUFNHQ=XP(LQVFKDOWHQGHV*HUlWHV
7DVWH]XPDOOHLQLJHQ(LQ$XVVFKDOWHQGHU$Q]HLJHKLQWHUJUXQGEHOHXFKWXQJGUFNHQ
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ƵƌƺĐŬnjƵƌǀŽƌŚĞƌŝŐĞŶďĞŶĞĚĞƐĞŝŶŐĞďĞƩĞƚĞŶWůĂLJĞƌƐ
&ƵŶŬƟŽŶƐŵĞŶƺĂƵĨƌƵĨĞŶ
sĞƌƌŝŶŐĞƌƚĚŝĞ>ĂƵƚƐƚćƌŬĞ
ƌŚƂŚƚĚŝĞ>ĂƵƚƐƚćƌŬĞ
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ϭ
Ϯ
ϯ
ϰ
ϱ
ϲ
ϳ
ϴ
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KƉƟŽŶĂůĞƌŝŶƐƚĞĐŬͲW
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dŽƵĐŚϮĨƺƌ,D/ϮƵŶĚs'
dŽƵĐŚϭĨƺƌ,D/ϭƵŶĚ,D/Ϯ
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mďĞƌƐŝĐŚƚƺďĞƌĚŝĞ&ĞƌŶďĞĚŝĞŶƵŶŐ
ƵŵŝŶͲŽĚĞƌƵƐƐĐŚĂůƚĞŶ
ĚĞƌŶnjĞŝŐĞĚƌƺĐŬĞŶ
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ĞŝŐƚ/ŶĨŽƌŵĂƟŽŶĞŶnjƵƌ
ĂŬƚƵĞůůĞŶŝŶŐĂŶŐƐƋƵĞůůĞ
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ŝůĚƐĐŚŝƌŵĞŝŶĨƌŝĞƌĞŶ
ŝīĞƌŶĞŝŶŐĂďĞƚĂƐƚĞ
ƵŵhŵƐĐŚĂůƚĞŶnjǁŝƐĐŚĞŶ
WͲŶǁĞŶĚƵŶŐĞŶ
ŝīĞƌŶĞŝŶŐĂďĞƚĂƐƚĞ
ŬƚƵĞůůĞƐWͲ&ĞŶƐƚĞƌƐĐŚůŝĞƘĞŶ
YƵĞůůĞŶĂƵƐǁĂŚůƚĂƐƚĞ
ƵƌŶnjĞŝŐĞĚĞƐDĞŶƺƐĚƌƺĐŬĞŶ
ŝůĚƐĐŚŝƌŵĂƵĨŶĂŚŵĞ
WͲdĂďͲdĂƐƚĞ
ƵŵŝŶƐƚĞĐŬͲWͲĞƐŬƚŽƉ
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ŝĂůŽŐĨĞŶƐƚĞƌŶ
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tŝŶĚŽǁƐͲ&ϭͲ&ƵŶŬƟŽŶ
tŝŶĚŽǁƐͲ&ϮͲ&ƵŶŬƟŽŶ
tŝŶĚŽǁƐͲ&ϯͲ&ƵŶŬƟŽŶ
tŝŶĚŽǁƐͲ&ϰͲ&ƵŶŬƟŽŶ
tŝŶĚŽǁƐͲ&ϱͲ&ƵŶŬƟŽŶ
tŝŶĚŽǁƐͲ&ϲͲ&ƵŶŬƟŽŶ
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tŝŶĚŽǁƐͲ&ϭϭͲ&ƵŶŬƟŽŶ
tŝŶĚŽǁƐͲ&ϭϮͲ&ƵŶŬƟŽŶ
Ƶŵ>ŝŶŬƐďůćƩĞƌŶĚƌƺĐŬĞŶ
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ŝŶĞŶĞdžƚĞƌŶĞŶWĂŶƐĐŚůŝĞƘĞŶ
Z^ͲϮϯϮͲsĞƌďŝŶĚƵŶŐĞŶ
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ǁŝĞĚĞƌŐĞďĞŶŵƂĐŚƚĞŶ
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s'
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hd^,
86% 86% 86%
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86% 86% 86%
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hd^,
86% 86% 86%
86% 86% 86%
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hd^,
86% 86% 86%
86% 86% 86%
ϭ
Ϯ
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ĨƺŚƌĞŶŬƂŶŶĞŶ
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sĞƌĞŝŶŝŐƚĞ^ƚĂĂƚĞŶ
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WƵĞƌƚŽZŝĐŽƵŶĚ:ƵŶŐĨĞƌŶŝŶƐĞůŶ
>ĂƚĞŝŶĂŵĞƌŝŬĂ
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ŬĂŶǁŝůĂLJĂŚͿ
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sŝĞǁŽĂƌĚƐĞƌŝ/&WϱϬ
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WĞƌŚĂƟĂŶ>ŝŶŐŬƵŶŐĂŶWĞŵĂƐĂŶŐĂŶ
ϰŝŶĐŝ
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86% 86% 86%
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WĂŶŐŐŝůŵĞŶƵĨƵŶŐƐŝ
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DĞŵƉĞƌďĞƐĂƌǀŽůƵŵĞ
WŽƌƚh^ƵŶƚƵŬWĞŵƵƚĂƌdĞƌƚĂŶĂŵĚĂŶWŝŶƚĞƌŶĂů
DĞŶĞƌŝŵĂƐŝŶLJĂůĚĂƌŝƌĞŵŽƚĞĐŽŶƚƌŽů
ϭ
Ϯ
ϯ
ϰ
ϱ
ϲ
ϳ
ϴ
WŽƌƚ/K
^ůŽƚKƉƐŝŽŶĂůƉĂĚĂW
sWϭϱͲtWsWϭϲͲtWsWϭϳͲtW
dŽƵĐŚϮƵŶƚƵŬ,D/ϮΘs'
dŽƵĐŚϭƵŶƚƵŬ,D/ϭΘ,D/Ϯ
DŽĚƵůtŝĮŽƉƐŝŽŶĂů
>Ͳt/&/ͲϬϬϭ
,^/EKE^/
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/ŬŚƟƐĂƌZĞŵŽƚĞŽŶƚƌŽů
dĞŬĂŶƵŶƚƵŬDE',/hW<E
DDd/<EůĂLJĂƌ
^ĞŶLJĂƉdŝĚĂŬƐĞŶLJĂƉ
DĞŶĂŵƉŝůŬĂŶŝŶĨŽƌŵĂƐŝƐƵŵďĞƌ
ŝŶƉƵƚƐĂĂƚŝŶŝ
>ĂLJĂƌŬŽƐŽŶŐ
ĞŬƵŬĂŶůĂLJĂƌ
>ĂLJĂƌŚŝƚĂŵ
dĞŬĂŶƵŶƚƵŬďĞƌĂůŝŚĂƉůŝŬĂƐŝW
>ĂLJĂƌŚŝƚĂŵ
dƵƚƵƉũĞŶĚĞůĂWƐĂĂƚŝŶŝ
dŽŵďŽůƉĞŵŝůŝŚĂŶƐƵŵďĞƌ
dĞŬĂŶƵŶƚƵŬŵĞŶĂŵƉŝůŬĂŶDĞŶƵ
^ĐƌĞĞŶĐĂƉƚƵƌĞ;ZĞŬĂŵĂŶůĂLJĂƌͿ
dŽŵďŽůdĂďW
WŝŶĚĂŚŬĞĚĞƐŬƚŽƉWƐůŽƚͲŝŶ
dŽŵďŽůĂĐŬƐƉĂĐĞW
dŽŵďŽůtŝŶĚŽǁƐW
dŽŵďŽůDĞŶƵW
dĞŬĂŶƵŶƚƵŬŵĞŶŐŐƵůŝƌŬĞĂƚĂƐ
dĞŬĂŶƵŶƚƵŬŵĞŶŐŐƵůŝƌŬĞďĂǁĂŚ
dŽŵďŽůŶƚĞƌdĞŬĂŶƵŶƚƵŬ
ŵĞŵŝůŝŚƉŝůŝŚĂŶ
^ƚĂƌƚƵƉƐŽŌǁĂƌĞŵĞŶƵůŝƐ
dŽŵďŽůƉŝŶƚĂƐĂŶƵŶƚƵŬŬĞůƵĂƌ
ĚĂƌŝŬŽƚĂŬĚŝĂůŽŐ
<ĞŵďĂůŝ
dŽŵďŽů^ƉĂƐŝW
,н,ĂůĂŵĂŶƐĞďĞůƵŵŶLJĂW
,Ͳ,ĂůĂŵĂŶďĞƌŝŬƵƚŶLJĂW
DĞŵƉĞƌďĞƐĂƌDĞŵƉĞƌŬĞĐŝů
ǀŽůƵŵĞƐƵĂƌĂ
&ƵŶŐƐŝ&ϭtŝŶĚŽǁƐ
&ƵŶŐƐŝ&ϮtŝŶĚŽǁƐ
&ƵŶŐƐŝ&ϯtŝŶĚŽǁƐ
&ƵŶŐƐŝ&ϰtŝŶĚŽǁƐ
&ƵŶŐƐŝ&ϱtŝŶĚŽǁƐ
&ƵŶŐƐŝ&ϲtŝŶĚŽǁƐ
&ƵŶŐƐŝ&ϳtŝŶĚŽǁƐ
&ƵŶŐƐŝ&ϴtŝŶĚŽǁƐ
&ƵŶŐƐŝ&ϵtŝŶĚŽǁƐ
&ƵŶŐƐŝ&ϭϬtŝŶĚŽǁƐ
&ƵŶŐƐŝ&ϭϭtŝŶĚŽǁƐ
&ƵŶŐƐŝ&ϭϮtŝŶĚŽǁƐ
dĞŬĂŶƵŶƚƵŬŵĞŶŐŐƵůŝƌŬĞŬŝƌŝ
dĞŬĂŶƵŶƚƵŬŵĞŶŐŐƵůŝƌŬĞŬĂŶĂŶ
,^/EKE^/
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DĞŶLJĂŵďƵŶŐŬĂŶWŬƐƚĞƌŶĂů
^ĂŵďƵŶŐĂŶZ^ϮϯϮ
<ĞƟŬĂŶĚĂŵĞŶŐŐƵŶĂŬĂŶŬĂďĞůƉŽƌƚƐĞƌŝZ^ϮϯϮƵŶƚƵŬŵĞŶLJĂŵďƵŶŐŬĂŶůĂLJĂƌŶĚĂŬĞŬŽŵƉƵƚĞƌĞŬƐƚĞƌͲ
ŶĂůĨƵŶŐƐŝͲĨƵŶŐƐŝƚĞƌƚĞŶƚƵďŝƐĂĚŝŬĞŶĚĂůŝŬĂŶŽůĞŚWƚĞƌŵĂƐƵŬĚĂLJĂŚŝĚƵƉŵĂƟƉĞŶŐĂƚƵƌĂŶǀŽůƵŵĞ
ĚĂŶďĂŶLJĂŬůĂŐŝ
ϭ hŶƚƵŬŵĞŶĂŵƉŝůŬĂŶǀŝĚĞŽĚĂŶƐƵĂƌĂĚĂƌŝWĞŬƐƚĞƌŶĂůŝŬƵƟƉĞƚƵŶũƵŬĚŝďĂǁĂŚŝŶŝ
ĂƚĂƚĂŶWŬƐƚĞƌŶĂůũƵŐĂďŝƐĂĚŝƐĂŵďƵŶŐŬĂŶŬĞůĂLJĂƌŵĞůĂůƵŝŬĂďĞů,D/
ͻ^ĂŵďƵŶŐŬĂŶŬĂďĞůs';ϭϱͲƉŝŶͿĚĂƌŝWĞŬƐƚĞƌŶĂůŶĚĂŬĞƉŽƌƚs'/EƉĂĚĂůĂLJĂƌ
ͻ^ĂŵďƵŶŐŬĂŶŬĂďĞůĂƵĚŝŽĚĂƌŝƉŽƌƚh/KKhdƉĂĚĂWĞŬƐƚĞƌŶĂůŶĚĂŬĞƉŽƌƚh/K/EƉĂĚĂ
ůĂLJĂƌ
Ϯ ^ĂŵďƵŶŐŬĂŶŬĂďĞůh^ŬĞWĞŬƐƚĞƌŶĂůĚĂƌŝƉŽƌƚdKh,KhdůĂLJĂƌ
ĂƚĂƚĂŶhŶƚƵŬŚĂƐŝůLJĂŶŐŽƉƟŵĂůƉŝůŝŚϭϵϮϬdžϭϬϴϬƉƐĞďĂŐĂŝƌĞƐŽůƵƐŝŝŶƉƵƚŬŽŵƉƵƚĞƌĞŬƐƚĞƌŶĂů
h/K/E
s'
dKh,Ϯ
<ĂďĞůƉŽƌƚƐĞƌŝZ^ϮϯϮ
Z^ϮϯϮ
,^/EKE^/
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DĞŶLJĂŵďƵŶŐŬĂŶWĞƌŝĨĞƌĂůh^
^ĂŵďƵŶŐĂŶ,D/
DƵůĂŝDĞŶŐŐƵŶĂŬĂŶ
,D/
WĞƌĂůĂƚĂŶh^ KƵƚƉƵƚƐŝŶLJĂůƌŽƵƚĞƌ
ĚĂŶũĂƌŝŶŐĂŶůĂŝŶŶLJĂ
ϭ WĞƌŝĨĞƌĂůh^ŽůŽŬŬĂŶŬĂďĞůƉĞƌĂŶŐŬĂƚh^ŬĞƉŽƌƚh^/E
Ϯ <ĂďĞůũĂƌŝŶŐĂŶĚĂŶŵĚĞŵŽůŽŬŬĂŶŬĂďĞůƌŽƵƚĞƌŬĞƉŽƌƚ>E/E
ϯ DŝŬƌŽĨŽŶŽůŽŬŬĂŶŬĂďĞůŵŝŬƌŽĨŽŶŬĞƉŽƌƚD/
86% 86% 86%
$&,1
86% 86% 86%
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,^/EKE^/
86% 86% 86%
86% 86% 86%
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,^/EKE^/
86% 86% 86%
86% 86% 86%
ϭ
Ϯ
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/&WϱϬͲϯƐĞƌŝĞƐͺY^'ͺϭďͺ/EͺϮϬϮϬϬϮϭϬ
,ĂŬŝƉƚĂΞϮϬϮϬsŝĞǁ^ŽŶŝĐŽƌƉŽƌĂƟŽŶ^ĞŵƵĂŚĂŬĚŝůŝŶĚƵŶŐŝƵŶĚĂŶŐͲƵŶĚĂŶŐ
WĞƌŶLJĂƚĂĂŶ<ĞƐĞƐƵĂŝĂŶ&WĞƌĂŶŐŬĂƚŝŶŝƐĞƐƵĂŝĚĞŶŐĂŶƉĂƐĂůϭϱWĞƌĂƚƵƌĂŶ&WĞŶŐŽƉĞƌĂƐŝĂŶŚĂƌƵƐ
ŵĞŵĞŶƵŚŝĚƵĂŬŽŶĚŝƐŝƐĞďĂŐĂŝďĞƌŝŬƵƚ;ϭͿƉĞƌĂŶŐŬĂƚŝŶŝƟĚĂŬďŽůĞŚŵĞŶŝŵďƵůŬĂŶŝŶƚĞƌĨĞƌĞŶƐŝ
ďĞƌďĂŚĂLJĂĚĂŶ;ϮͿƉĞƌĂŶŐŬĂƚŝŶŝŚĂƌƵƐŵĞŶĞƌŝŵĂƐĞŵƵĂŝŶƚĞƌĨĞƌĞŶƐŝLJĂŶŐĚŝƚĂŶŐŬĂƉƚĞƌŵĂƐƵŬ
ŝŶƚĞƌĨĞƌĞŶƐŝLJĂŶŐĚĂƉĂƚŵĞŶŐĂŬŝďĂƚŬĂŶƉĞŶŐŽƉĞƌĂƐŝĂŶLJĂŶŐƟĚĂŬĚŝŝŶŐŝŶŬĂŶ
<ĞƉĂƚƵŚĂƚĞƌŚĂĚĂƉ/ŶĚƵƐƚƌLJĂŶĂĚĂ/^ͲϬϬϯE/^Ͳϯ;ͿEDͲϯ;Ϳ
sŝĞǁ^ŽŶŝĐŽƌƉŽƌĂƟŽŶ;^<ĂŶĂĚĂŵĞƌŝŬĂ>ĂƟŶͿ
ǁǁǁǀŝĞǁƐŽŶŝĐĐŽŵƐƵƉƉŽƌƚƉƌŽĚƵĐƚͲƌĞŐŝƐƚƌĂƟŽŶ
ŵĞƌŝŬĂ^ĞƌŝŬĂƚ
<ĂŶĂĚĂ
WƵĞƌƚŽZŝŬŽΘ<ĞƉƵůĂƵĂŶsŝƌŐŝŶ
ŵĞƌŝŬĂ>ĂƟŶ
WĞƌŶLJĂƚĂĂŶ<ĞƐĞƐƵĂŝĂŶ
$NVHVRUL7DPEDKDQ3XVDW'XNXQJDQ9LHZ6RQLF
,^/EKE^/
ϭͲϴϬϬͲϲϴϴͲϲϲϴϴ
ĐƵƐƚŽŵĞƌƐĞƌǀŝĐĞΛǀŝĞǁƐŽŶŝĐĐŽŵ
ϭͲϴϲϲͲϰϲϯͲϰϳϳϱ
ĐƵƐƚŽŵĞƌƐĞƌǀŝĐĞΛǀŝĞǁƐŽŶŝĐĐŽŵ
ŚƩƉǁǁǁǀŝĞǁƐŽŶŝĐĐŽŵůĂƐŽƉŽƌƚĞƐĞƌǀŝĐŝŽͲƚĞĐŶŝĐŽ;ƐƉĂŹŽůͿ
ŚƩƉǁǁǁǀŝĞǁƐŽŶŝĐĐŽŵůĂƐŽƉŽƌƚĞƐĞƌǀŝĐŝŽͲƚĞĐŶŝĐŽͲůĂ
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/ŶŶŚŽůĚĞƚŝƉĂŬŬĞŶ
භ^ƚƌƆŵŬĂďĞů;ŝŚĞŶŚŽůĚƟů
ŽŵƌĊĚĞͿ
භ&ũĞƌŶŬŽŶƚƌŽůů
භͲďĂƩĞƌŝdžϮ
භh^ͲŬĂďĞů
භĞƌƆƌŝŶŐƐƉĞŶŶ
භ,ƵƌƟŐƐƚĂƌƚǀĞŝůĞĚŶŝŶŐ
භZ^ϮϯϮͲĂĚĂƉƚĞƌ
භ<ůĞŵŵĞdžϱ
භ<ĂŵĞƌĂƉůĂƚĞ
භ^ŬƌƵĞ
භ^ŝŐŶĂůŬĂďĞůŬŽŵƉĂƟďĞůŵĞĚ
,D/
EKZ^<
ŝŚĞŶŚŽůĚƟůŽŵƌĊĚĞ
ϭϱs
ϭϱs
sŝĞǁŽĂƌĚ/&WϱϬͲƐĞƌŝĞŶ
<ŽŵŵĞƌƐŝĞůůďĞƌƆƌŝŶŐƐƐŬũĞƌŵ
,ƵƌƟŐƐƚĂƌƚǀĞŝůĞĚŶŝŶŐ
'ƵşĂĚĞŝŶŝĐŝŽƌĄƉŝĚŽ
'ƵŝĚĞƌĂƉŝĚĞĚĞĚĠďƵƚ
'ƵŝĂĚĞŝŶŝĐŝŽƌĂƉŝĚŽ
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^ƉĞƐŝĮŬĂƐũŽŶĞƌĨŽƌǀĞŐŐŵŽŶƚĞƌŝŶŐƐƐĞƩ;s^Ϳ
ƚŽŵŵĞ s^ͲƐƉĞƐ;džͿ ^ƚĂŶĚĂƌĚƐŬƌƵĞ;džͿ ŶƚĂůů
/&WϱϱϱϬͲϱϱ ϰϬϬdžϮϬϬŵŵ DϴdžϮϱŵŵ ϰ
/&WϲϱϱϬͲϲϱ ϲϬϬdžϰϬϬŵŵ DϴdžϮϱŵŵ ϰ
/&WϳϱϱϬͲϳϱ ϴϬϬdžϰϬϬŵŵ DϴdžϮϱŵŵ ϰ
/&WϴϲϱϬͲϴϲ ϴϬϬdžϲϬϬŵŵ DϴdžϮϱŵŵ ϰ
EKZ^<
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KďƐŽŵŝŶƐƚĂůůĂƐũŽŶƐŵŝůũƆ
ϰƚŽŵŵĞ
;ϭϬĐŵͿ
ϰƚŽŵŵĞ
;ϭϬĐŵͿ
ϰƚŽŵŵĞ
;ϭϬĐŵͿ
ϭϭϴϳϱƚŽŵŵĞ
;ϯϬϭϲĐŵͿ
EKZ^<
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KǀĞƌƐŝŬƚŽǀĞƌŬŽŶƚƌŽůůƉĂŶĞů
86% 86% 86%
ůĞŵĞŶƚ ĞƐŬƌŝǀĞůƐĞ
7U\NNNQDSSHQIRUnVOnSnHQKHWHQ
7U\NNNQDSSHQIRUEDUHnVOnDYSnEDNO\VHWSnVNMHUPHQ
7U\NNRJKROGLQQHNQDSSHQIRUnVOnDYHQKHWHQ
'ĊƟůďĂŬĞƟůŚŽǀĞĚŐƌĞŶƐĞƐŶŝƩĞƚƟůĚĞŶŝŶŶĞďLJŐĚĞƐƉŝůůĞƌĞŶ
'ĊƟůďĂŬĞƟůĨŽƌƌŝŐĞŶŝǀĊƟůĚĞŶŝŶŶĞďLJŐĚĞƐƉŝůůĞƌĞŶ
,ĞŶƚĨƵŶŬƐũŽŶƐŵĞŶLJ
ZĞĚƵƐĞƌǀŽůƵŵ
TŬǀŽůƵŵ
h^ͲƉŽƌƚĨŽƌŝŶŶĞďLJŐĚƐƉŝůůĞƌŽŐŝŶƚĞƌŶW
DŽƩĂƌƐŝŐŶĂůĞƌĨƌĂłĞƌŶŬŽŶƚƌŽůůĞŶ
ϭ
Ϯ
ϯ
ϰ
ϱ
ϲ
ϳ
ϴ
/hͲƉŽƌƚ
sĂůŐĨƌŝƩƐƉŽƌƉĊW
sWϭϱͲtWsWϭϲͲtWsWϭϳͲtW
dƌLJŬŬϮĨŽƌ,D/ϮŽŐs'
dƌLJŬŬϭĨŽƌĨŽƌ,D/ϭŽŐ,D/Ϯ
sĂůŐĨƌŝtŝͲ&ŝͲŵŽĚƵů
>Ͳt/&/ͲϬϬϭ
EKZ^<
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KǀĞƌƐŝŬƚŽǀĞƌłĞƌŶŬŽŶƚƌŽůů
dƌLJŬŬĨŽƌĊƐůĊƐŬũĞƌŵĞŶ
Ws
ĞŵƉ^ůĊĂǀĚĞŵƉŝŶŐ
sŝƐŝŶĨŽƌŵĂƐũŽŶŽŵŐũĞůĚĞŶĚĞ
ŝŶŶŐĂŶŐƐŬŝůĚĞ
dƆŵƐŬũĞƌŵ
&ƌLJƐƐŬũĞƌŵ
dĂůůŬŶĂƉƉĞƌ
dƌLJŬŬĨŽƌĊǀĞŬƐůĞŵĞůůŽŵ
WͲƉƌŽŐƌĂŵŵĞƌ
dĂůůŬŶĂƉƉĞƌ
>ƵŬŬŐũĞůĚĞŶĚĞWͲǀŝŶĚƵ
<ŝůĚĞǀĂůŐͲŬŶĂƉƉ
dƌLJŬŬĨŽƌĊǀŝƐĞŵĞŶLJ
^ŬũĞƌŵŽƉƉƚĂŬ
WdĂďͲŬŶĂƉƉ
LJƩƟůƐƉŽƌƉĊWͲƐŬƌŝǀĞďŽƌĚĞƚ
WĂĐŬƐƉĂĐĞͲŬŶĂƉƉ
WtŝŶĚŽǁƐͲŬŶĂƉƉ
WDĞŶLJͲŬŶĂƉƉ
dƌLJŬŬĨŽƌĊƌƵůůĞŽƉƉ
dƌLJŬŬĨŽƌĊƌƵůůĞŶĞĚ
ŶƚĞƌͲŬŶĂƉƉdƌLJŬŬĨŽƌĊǀĞůŐĞ
ĂůƚĞƌŶĂƟǀĞƌ
^ƚĂƌƚƐŬƌŝǀĞƉƌŽŐƌĂŵǀĂƌĞ
^ŶĂƌǀĞŝƐŬŶĂƉƉĨŽƌĊĂǀƐůƵƩĞ
ĚŝĂůŽŐďŽŬƐĞƌ
dŝůďĂŬĞ
WDĞůůŽŵƌŽŵͲŬŶĂƉƉ
<ĂŶĂůнWĨŽƌƌŝŐĞƐŝĚĞ
<ĂŶĂůͲWŶĞƐƚĞƐŝĚĞ
TŬƐĞŶŬǀŽůƵŵĞƚ
tŝŶĚŽǁƐ&ϭͲĨƵŶŬƐũŽŶ
tŝŶĚŽǁƐ&ϮͲĨƵŶŬƐũŽŶ
tŝŶĚŽǁƐ&ϯͲĨƵŶŬƐũŽŶ
tŝŶĚŽǁƐ&ϰͲĨƵŶŬƐũŽŶ
tŝŶĚŽǁƐ&ϱͲĨƵŶŬƐũŽŶ
tŝŶĚŽǁƐ&ϲͲĨƵŶŬƐũŽŶ
tŝŶĚŽǁƐ&ϳͲĨƵŶŬƐũŽŶ
tŝŶĚŽǁƐ&ϴͲĨƵŶŬƐũŽŶ
tŝŶĚŽǁƐ&ϵͲĨƵŶŬƐũŽŶ
tŝŶĚŽǁƐ&ϭϬͲĨƵŶŬƐũŽŶ
tŝŶĚŽǁƐ&ϭϭͲĨƵŶŬƐũŽŶ
tŝŶĚŽǁƐ&ϭϮͲĨƵŶŬƐũŽŶdƌLJŬŬĨŽƌĊƌƵůůĞƟůǀĞŶƐƚƌĞ
dƌLJŬŬĨŽƌĊƌƵůůĞƟůŚƆLJƌĞ
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<ŽďůĞƟůĞŶĞŬƐƚĞƌŶW
Z^ϮϯϮͲƟůŬŽďůŝŶŐĞƌ
EĊƌĚƵďƌƵŬĞƌĞŶZ^ϮϯϮͲƐĞƌŝĞůůƉŽƌƚŬĂďĞůĨŽƌĊŬŽďůĞƐŬũĞƌŵĞŶƟůĞŶĞŬƐƚĞƌŶĚĂƚĂŵĂƐŬŝŶŬĂŶŶŽĞŶ
ĨƵŶŬƐũŽŶĞƌƐƚLJƌĞƐĂǀWͲĞŶŝŶŬůƵĚĞƌƚƐƚƌƆŵƉĊĂǀǀŽůƵŵũƵƐƚĞƌŝŶŐŽŐŵĞƌ
ϭ &ƆůŐŝŶƐƚƌƵŬƐũŽŶĞŶĞŶĞĚĞŶĨŽƌĨŽƌĊǀŝƐĞǀŝĚĞŽŽŐůLJĚĨƌĂĞŶĞŬƐƚĞƌŶW
DĞƌŬŬƐƚĞƌŶĞWͲĞƌŬĂŶŽŐƐĊŬŽďůĞƐƟůƐŬũĞƌŵĞŶǀŝĂ,D/ͲŬĂďĞů
ͻ<ŽďůĞĞŶs'ͲŬĂďĞů;ϭϱͲƉŝŶŶĞƌƐͿĨƌĂĚĞŶĞŬƐƚĞƌŶĞWͲĞŶƟůs'/EͲƉŽƌƚĞŶƉĊƐŬũĞƌŵĞŶ
ͻ<ŽďůĞĞŶůLJĚŬĂďĞůĨƌĂh/KKhdͲƉŽƌƚĞŶƉĊĚĞŶĞŬƐƚĞƌŶĞWͲĞŶƟůh/K/EͲƉŽƌƚĞŶƉĊƐŬũĞƌŵĞŶ
Ϯ <ŽďůĞĞŶh^ͲŬĂďĞůƟůĚĞŶĞŬƐƚĞƌŶĞWͲĞŶĨƌĂdKh,KhdͲƉŽƌƚĞŶƉĊƐŬũĞƌŵĞŶ
DĞƌŬ&ŽƌďĞƐƚƌĞƐƵůƚĂƚǀĞůŐĞƌĚƵϭϵϮϬdžϭϬϴϬƉƐŽŵŝŶŶŐĂŶŐƐŽƉƉůƆƐŶŝŶŐƉĊĚĞŶĞŬƐƚĞƌŶĞ
ĚĂƚĂŵĂƐŬŝŶĞŶ
h/K/E
s'
dKh,Ϯ
^ĞƌŝĞůůƉŽƌƚŬĂďĞů
Z^ϮϯϮ
EKZ^<
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<ŽďůĞƟůh^ͲƵƚƐƚLJƌ
,D/ͲƟůŬŽďůŝŶŐĞƌ
^ƚĂƌƚĊďƌƵŬĞ
,D/
h^ͲƵƚƐƚLJƌ ZƵƚĞƌŽŐĂŶŶĞŶ
ŶĞƩǀĞƌŬƐƐŝŐŶĂůƵƚŐĂŶŐ
ϭ h^ͲƵƚƐƚLJƌ^ĞƩŬĂďĞůĞŶƟůh^ͲĞŶŚĞƚĞŶŝh^/EͲƉŽƌƚĞŶ
Ϯ EĞƩǀĞƌŬƐͲŽŐŵŽĚĞŵŬĂďůĞƌ^ĞƩƌƵƚĞƌŬĂďĞůĞŶŝŶŶŝ>E/EͲƉŽƌƚĞŶ
ϯ DŝŬƌŽĨŽŶ^ĞƩŵŝŬƌŽĨŽŶŬĂďĞůĞŶŝŶŶŝD/ͲƉŽƌƚĞŶ
86% 86% 86%
9HNVHOVWU¡PLQQJDQJ
86% 86% 86%
EKZ^<
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EKZ^<
86% 86% 86%
86% 86% 86%
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EKZ^<
86% 86% 86%
86% 86% 86%
ϭ
Ϯ
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/&WϱϬͲϯƐĞƌŝĞƐͺY^'ͺϭďͺEKZͺϮϬϮϬϬϮϭϬ
ŽƉLJƌŝŐŚƚΞϮϬϮϬsŝĞǁ^ŽŶŝĐŽƌƉŽƌĂƟŽŶDĞĚĞŶĞƌĞƩ
&ͲƐĂŵƐǀĂƌƐĞƌŬůčƌŝŶŐĞŶŶĞĞŶŚĞƚĞŶƐĂŵƐǀĂƌĞƌŵĞĚĚĞůϭϱŝ&ͲƌĞŐůĞŶĞƌƵŬĞƌƵŶĚĞƌůĂŐƚ
ĨƆůŐĞŶĚĞƚŽďĞƟŶŐĞůƐĞƌ;ϭͿĞŶŶĞĞŶŚĞƚĞŶƐŬĂůŝŬŬĞĨŽƌĊƌƐĂŬĞƐŬĂĚĞůŝŐŝŶƚĞƌĨĞƌĞŶƐŽŐ;ϮͿĚĞŶŶĞ
ĞŶŚĞƚĞŶŵĊŐŽĚƚĂĂůůŵŽƩĂƩŝŶƚĞƌĨĞƌĞŶƐŝŶŬůƵĚĞƌƚŝŶƚĞƌĨĞƌĞŶƐƐŽŵŬĂŶĨŽƌĊƌƐĂŬĞƵƆŶƐŬĞƚĚƌŝŌ
^ĂŵƐǀĂƌŵĞĚ/ŶĚƵƐƚƌLJĂŶĂĚĂ/^ͲϬϬϯE/^Ͳϯ;ͿEDͲϯ;Ϳ
sŝĞǁ^ŽŶŝĐŽƌƉŽƌĂƟŽŶ;h^ĂŶĂĚĂ>ĂƟŶĂŵĞƌŝŬĂͿ
ǁǁǁǀŝĞǁƐŽŶŝĐĐŽŵƐƵƉƉŽƌƚƉƌŽĚƵĐƚͲƌĞŐŝƐƚƌĂƟŽŶ
h^
ĂŶĂĚĂ
WƵĞƌƚŽZŝĐŽŽŐ:ŽŵĨƌƵƆLJĞŶĞ
>ĂƟŶĂŵĞƌŝŬĂ
^ĂŵƐǀĂƌƐĞƌŬůčƌŝŶŐ
9DOJIULWWWLOEHK¡U9LHZ6RQLFVVW¡WWHVHQWHU
ϭͲϴϬϬͲϲϴϴͲϲϲϴϴ
ĐƵƐƚŽŵĞƌƐĞƌǀŝĐĞΛǀŝĞǁƐŽŶŝĐĐŽŵ
ϭͲϴϲϲͲϰϲϯͲϰϳϳϱ
ĐƵƐƚŽŵĞƌƐĞƌǀŝĐĞΛǀŝĞǁƐŽŶŝĐĐŽŵ
ŚƩƉǁǁǁǀŝĞǁƐŽŶŝĐĐŽŵůĂƐŽƉŽƌƚĞƐĞƌǀŝĐŝŽͲƚĞĐŶŝĐŽ;ƐƉĂŹŽůͿ
ŚƩƉǁǁǁǀŝĞǁƐŽŶŝĐĐŽŵůĂƐŽƉŽƌƚĞƐĞƌǀŝĐŝŽͲƚĞĐŶŝĐŽͲůĂ
EKZ^<
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ĂǁĂƌƚŽƑđŽƉĂŬŽǁĂŶŝĂ
භ<ĂďĞůnjĂƐŝůĂũČĐLJ;ĚŽƐƚĂǁĂ
njĂůĞǏLJŽĚƌĞŐŝŽŶƵͿ
භWŝůŽƚ
භĂƚĞƌŝĂdžϮ
භ<ĂďĞůh^
භWŝſƌŽĚŽƚLJŬŽǁĞ
භ/ŶƐƚƌƵŬĐũĂƐnjLJďŬŝĞŐŽ
ƵƌƵĐŚŽŵŝĞŶŝĂ
භĚĂƉƚĞƌZ^ϮϯϮ
භĂĐŝƐŬdžϱ
භWųLJƚĂŬĂŵĞƌLJ
භ_ƌƵďĂ
භ<ĂďĞůƐLJŐŶĂųŽǁLJũĞƐƚnjŐŽĚŶLJnj
,D/
WK>^</
ŽƐƚĂǁĂnjĂůĞǏLJŽĚƌĞŐŝŽŶƵ
ϭϱs
ϭϱs
^ĞƌŝĂsŝĞǁŽĂƌĚ/&WϱϬ
<ŽŵĞƌĐLJũŶLJǁLJƑǁŝĞƚůĂĐnjĚŽƚLJŬŽǁLJ
^ŬƌſĐŽŶĂŝŶƐƚƌƵŬĐũĂŽďƐųƵŐŝ
'ƵşĂĚĞŝŶŝĐŝŽƌĄƉŝĚŽ
'ƵŝĚĞƌĂƉŝĚĞĚĞĚĠďƵƚ
'ƵŝĂĚĞŝŶŝĐŝŽƌĂƉŝĚŽ
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^ƉĞĐLJĮŬĂĐũĞnjĞƐƚĂǁƵĚŽŵŽŶƚĂǏƵŶĂƑĐŝĂŶŝĞ;s^Ϳ
ĐĂůĞ ^ƉĞĐLJĮŬĂĐũĞs^;džͿ ^ƚĂŶĚĂƌĚŽǁĂƑƌƵďĂ;džͿ >ŝĐnjďĂ
/&WϱϱϱϬͲϱϱ ϰϬϬdžϮϬϬŵŵ DϴdžϮϱŵŵ ϰ
/&WϲϱϱϬͲϲϱ ϲϬϬdžϰϬϬŵŵ DϴdžϮϱŵŵ ϰ
/&WϳϱϱϬͲϳϱ ϴϬϬdžϰϬϬŵŵ DϴdžϮϱŵŵ ϰ
/&WϴϲϱϬͲϴϲ ϴϬϬdžϲϬϬŵŵ DϴdžϮϱŵŵ ϰ
WK>^</
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ĂĐŚŽǁĂŶŝĞƵǁĂŐŝƉŽĚĐnjĂƐŝŶƐƚĂůĂĐũŝŶĂnjĞǁŶČƚƌnj
ϰĐĂůĞ
;ϭϬĐŵͿ
ϰĐĂůĞ
;ϭϬĐŵͿ
ϰĐĂůĞ
;ϭϬĐŵͿ
ϭϭϴϳϱĐĂůĂ
;ϯϬϭϲĐŵͿ
WK>^</
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WƌnjĞŐůČĚƉĂŶĞůĂƐƚĞƌŽǁĂŶŝĂ
86% 86% 86%
ůĞŵĞŶƚ KƉŝƐ
1DFLĞQLMWHQSU]\FLVNDE\ZáąF]\üXU]ąG]HQLH
1DFLĞQLMWHQSU]\FLVNDE\Z\áąF]\üZáąF]\üW\ONRSRGĞZLHWOHQLH
1DFLĞQLMLSU]\WU]\PDMWHQSU]\FLVNDE\Z\áąF]\üXU]ąG]HQLH
WŽǁƌſƚĚŽŐųſǁŶĞŐŽŝŶƚĞƌĨĞũƐƵǁďƵĚŽǁĂŶĞŐŽŽĚƚǁĂƌnjĂĐnjĂ
WŽǁƌſƚĚŽƉŽƉƌnjĞĚŶŝĞŐŽƉŽnjŝŽŵƵŵĞŶƵǁďƵĚŽǁĂŶĞŐŽŽĚƚǁĂƌnjĂĐnjĂ
WƌnjLJǁŽųĂŶŝĞŵĞŶƵĨƵŶŬĐũŝ
ŵŶŝĞũƐnjĞŶŝĞŐųŽƑŶŽƑĐŝ
ǁŝħŬƐnjĞŶŝĞŐųŽƑŶŽƑĐŝ
WŽƌƚh^ĚůĂǁďƵĚŽǁĂŶĞŐŽŽĚƚǁĂƌnjĂĐnjĂŝǁĞǁŶħƚƌnjŶĞŐŽŬŽŵƉƵƚĞƌĂW
KĚďŝſƌƐLJŐŶĂųſǁnjƉŝůŽƚĂ
ϭ
Ϯ
ϯ
ϰ
ϱ
ϲ
ϳ
ϴ
WŽƌƚ/K;tĞtLJͿ
KƉĐũŽŶĂůŶLJŬŽŵƉƵƚĞƌWƚLJƉƵ^ůŽƚͲŝŶ
sWϭϱͲtWsWϭϲͲtWsWϭϳͲtW
dŽƵĐŚϮĚůĂ,D/Ϯŝs'
dŽƵĐŚϭĚůĂ,D/ϭŝ,D/Ϯ
KƉĐũŽŶĂůŶLJŵŽĚƵųtŝ&ŝ
>Ͳt/&/ͲϬϬϭ
WK>^</
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WƌnjĞŐůČĚƉŝůŽƚĂ
EĂĐŝƑŶŝũĂďLJtBz
tzBzǁLJƑǁŝĞƚůĂĐnj
tLJĐŝƐnjĞŶŝĞtLJųČĐnjĞŶŝĞ
ǁLJĐŝƐnjĞŶŝĂ
tLJƑǁŝĞƚůĂŶŝĞŝŶĨŽƌŵĂĐũŝŽ
ďŝĞǏČĐLJŵǍƌſĚůĞǁĞũƑĐŝĂ
WƵƐƚLJĞŬƌĂŶ
ĂƚƌnjLJŵĂũĞŬƌĂŶ
WƌnjLJĐŝƐŬǁƉƌŽǁĂĚnjĂŶŝĂ
ǁĂƌƚŽƑĐŝŶƵŵĞƌLJĐnjŶLJĐŚ
EĂĐŝƑŶŝũĂďLJƉƌnjĞųČĐnjLJđ
ƉŽŵŝħĚnjLJĂƉůŝŬĂĐũĂŵŝW
WƌnjLJĐŝƐŬǁƉƌŽǁĂĚnjĂŶŝĂǁĂƌƚŽƑĐŝ
ŶƵŵĞƌLJĐnjŶLJĐŚ
ĂŵLJŬĂŶŝĞďŝĞǏČĐĞŐŽŽŬŶĂW
WƌnjLJĐŝƐŬǁLJďŽƌƵǍƌſĚųĂ
EĂĐŝƑŶŝũĂďLJǁLJƑǁŝĞƚůŝđDĞŶƵ
WƌnjĞĐŚǁLJƚLJǁĂŶŝĞĞŬƌĂŶƵ
WƌnjLJĐŝƐŬWdĂď
WƌnjĞųČĐnjĞŶŝĞŶĂǍƌſĚųŽ
ŬŽŵƉƵƚĞƌĂWƚLJƉƵ^ůŽƚͲŝŶ
WƌnjLJĐŝƐŬWĂĐŬƐƉĂĐĞ
WƌnjLJĐŝƐŬWtŝŶĚŽǁƐ
WƌnjLJĐŝƐŬWDĞŶƵ
EĂĐŝƑŶŝũĂďLJƉƌnjĞǁŝŶČđǁŐſƌħ
EĂĐŝƑŶŝũĂďLJƉƌnjĞǁŝŶČđǁĚſų
WƌnjLJĐŝƐŬŶƚĞƌEĂĐŝƑŶŝũǁĐĞůƵ
ǁLJďŽƌƵŽƉĐũŝ
hƌƵĐŚĂŵŝĂŶŝĞŽƉƌŽŐƌĂŵŽǁĂŶŝĂ
ĚŽƉŝƐĂŶŝĂ
WƌnjLJĐŝƐŬƐŬƌſƚƵĚŽǁLJĐŚŽĚnjĞŶŝĂnj
ŽŬŝĞŶĚŝĂůŽŐŽǁLJĐŚ
ŽƚLJųƵ
WƌnjLJĐŝƐŬW^ƉĂĐũĂ
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ǁŝħŬƐnjĞŶŝĞnjŵŶŝĞũƐnjĞŶŝĞ
ŐųŽƑŶŽƑĐŝ
&ƵŶŬĐũĂ&ϭtŝŶĚŽǁƐ
&ƵŶŬĐũĂ&ϮtŝŶĚŽǁƐ
&ƵŶŬĐũĂ&ϯtŝŶĚŽǁƐ
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&ƵŶŬĐũĂ&ϭϭtŝŶĚŽǁƐ
&ƵŶŬĐũĂ&ϭϮtŝŶĚŽǁƐ
EĂĐŝƑŶŝũĂďLJƉƌnjĞǁŝŶČđǁůĞǁŽ
EĂĐŝƑŶŝũĂďLJƉƌnjĞǁŝŶČđǁƉƌĂǁŽ
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WŽĚųČĐnjĂŶŝĞnjĞǁŶħƚƌnjŶĞŐŽŬŽŵƉƵƚĞƌĂW
WŽųČĐnjĞŶŝĂZ^ϮϯϮ
'ĚLJĚŽƉŽųČĐnjĞŶŝĂǁLJƑǁŝĞƚůĂĐnjĂnjnjĞǁŶħƚƌnjŶLJŵŬŽŵƉƵƚĞƌĞŵƵǏLJǁĂŶLJũĞƐƚŬĂďĞůƉŽƌƚƵƐnjĞƌĞŐŽǁĞŐŽ
Z^ϮϯϮŶŝĞŬƚſƌLJŵŝĨƵŶŬĐũĂŵŝŵŽǏŶĂƐƚĞƌŽǁĂđƉƌnjĞnjŬŽŵƉƵƚĞƌWǁųČĐnjŶŝĞnjǁųČĐnjĞŶŝĞŵǁLJųČĐnjĞŶŝĞŵ
njĂƐŝůĂŶŝĂƌĞŐƵůĂĐũČŐųŽƑŶŽƑĐŝŝǁŝħĐĞũ
ϭ ďLJǁLJƑǁŝĞƚůŝđǁŝĚĞŽŝĚǍǁŝħŬnjnjĞǁŶħƚƌnjŶĞŐŽŬŽŵƉƵƚĞƌĂWŶĂůĞǏLJǁLJŬŽŶĂđnjĂŵŝĞƐnjĐnjŽŶĞƉŽŶŝǏĞũ
ŝŶƐƚƌƵŬĐũĞ
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ǁLJƑǁŝĞƚůĂĐnjƵ
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h/K/E;tĞũƑĐŝĞĂƵĚŝŽͿǁLJƑǁŝĞƚůĂĐnjĂ
Ϯ WŽĚųČĐnjŬĂďĞůh^ĚŽnjĞǁŶħƚƌnjŶĞŐŽŬŽŵƉƵƚĞƌĂWnjƉŽƌƚƵdKh,Khd;tLJũƑĐŝĞƐLJŐŶĂųƵ
ĚŽƚLJŬŽǁĞŐŽͿǁLJƑǁŝĞƚůĂĐnjĂ
hǁĂŐĂůĂnjĂƉĞǁŶŝĞŶŝĂŽƉƚLJŵĂůŶLJĐŚƌĞnjƵůƚĂƚſǁũĂŬŽƌŽnjĚnjŝĞůĐnjŽƑđǁĞũƑĐŝĂnjĞǁŶħƚƌnjŶĞŐŽ
ŬŽŵƉƵƚĞƌĂǁLJďŝĞƌnjϭϵϮϬdžϭϬϴϬƉ
h/K/E
;tĞũƑĐŝĞĂƵĚŝŽͿ
s'
dKh,Ϯ
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Z^ϮϯϮ
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WŽĚųČĐnjĂŶŝĞƉĞƌLJĨĞƌLJũŶLJĐŚƵƌnjČĚnjĞŷh^
WŽųČĐnjĞŶŝĂ,D/
ZŽnjƉŽĐnjħĐŝĞƵǏLJǁĂŶŝĂ
,D/
hƌnjČĚnjĞŶŝĞh^ ZŽƵƚĞƌŝŝŶŶĞǁLJũƑĐŝĞ
ƐLJŐŶĂųƵƐŝĞĐŝŽǁĞŐŽ
ϭ WĞƌLJĨĞƌLJũŶĞƵƌnjČĚnjĞŶŝĂh^WŽĚųČĐnjŬĂďĞůƵƌnjČĚnjĞŶŝĂh^ĚŽƉŽƌƚƵh^/E;tĞũƑĐŝĞh^Ϳ
Ϯ <ĂďůĞƐŝĞĐŝŽǁĞŝŵŽĚĞŵŽǁĞWŽĚųČĐnjŬĂďĞůƌŽƵƚĞƌĂĚŽƉŽƌƚƵ>E/E;tĞũƑĐŝĞ>EͿ
ϯ DŝŬƌŽĨŽŶWŽĚųČĐnjŬĂďĞůŵŝŬƌŽĨŽŶƵĚŽƉŽƌƚƵD/;DŝŬƌŽĨŽŶͿ
86% 86% 86%
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:HMĞFLHSUąGX]PLHQQHJR
86% 86% 86%
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WK>^</
86% 86% 86%
86% 86% 86%
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WK>^</
86% 86% 86%
86% 86% 86%
ϭ
Ϯ
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^ĞƌŝĂ/&WϱϬͲϯͺY^'ͺϭďͺWK>ͺϮϬϮϬϬϮϭϬ
ŽƉLJƌŝŐŚƚΞϮϬϮϬsŝĞǁ^ŽŶŝĐŽƌƉŽƌĂƟŽŶtƐnjĞůŬŝĞƉƌĂǁĂnjĂƐƚƌnjĞǏŽŶĞ
KƑǁŝĂĚĐnjĞŶŝĞŽnjŐŽĚŶŽƑĐŝnj&dŽƵƌnjČĚnjĞŶŝĞũĞƐƚnjŐŽĚŶĞnjĐnjħƑĐŝČϭϱƉƌnjĞƉŝƐſǁ&:ĞŐŽĚnjŝĂųĂŶŝĞ
ƉŽĚůĞŐĂŶĂƐƚħƉƵũČĐLJŵĚǁſŵǁĂƌƵŶŬŽŵ;ϭͿƚŽƵƌnjČĚnjĞŶŝĞŶŝĞŵŽǏĞƉŽǁŽĚŽǁĂđƐnjŬŽĚůŝǁLJĐŚnjĂŬųſĐĞŷ
ŽƌĂnj;ϮͿƚŽƵƌnjČĚnjĞŶŝĞŵƵƐŝĂŬĐĞƉƚŽǁĂđǁƐnjLJƐƚŬŝĞŽĚďŝĞƌĂŶĞnjĂŬųſĐĞŶŝĂǁųČĐnjŶŝĞnjnjĂŬųſĐĞŶŝĂŵŝŬƚſƌĞ
ŵŽŐČƉŽǁŽĚŽǁĂđŶŝĞŽĐnjĞŬŝǁĂŶĞĚnjŝĂųĂŶŝĞ
ŐŽĚŶŽƑđnjƉƌnjĞƉŝƐĂŵŝ/ŶĚƵƐƚƌLJĂŶĂĚĂ/^ͲϬϬϯE/^Ͳϯ;ͿEDͲϯ;Ϳ
sŝĞǁ^ŽŶŝĐŽƌƉŽƌĂƟŽŶ;h^<ĂŶĂĚĂŵĞƌLJŬĂBĂĐŝŷƐŬĂͿ
ǁǁǁǀŝĞǁƐŽŶŝĐĐŽŵƐƵƉƉŽƌƚƉƌŽĚƵĐƚͲƌĞŐŝƐƚƌĂƟŽŶ
^ƚĂŶLJũĞĚŶŽĐnjŽŶĞ
<ĂŶĂĚĂ
WŽƌƚŽƌLJŬŽŝtLJƐƉLJnjŝĞǁŝĐnjĞ
ŵĞƌLJŬĂBĂĐŝŷƐŬĂ
KƑǁŝĂĚĐnjĞŶŝĞŽnjŐŽĚŶŽƑĐŝ
$NFHVRULDRSFMRQDOQH&HQWUXPREVáXJL9LHZ6RQLF
ϭͲϴϬϬͲϲϴϴͲϲϲϴϴ
ĐƵƐƚŽŵĞƌƐĞƌǀŝĐĞΛǀŝĞǁƐŽŶŝĐĐŽŵ
ϭͲϴϲϲͲϰϲϯͲϰϳϳϱ
ĐƵƐƚŽŵĞƌƐĞƌǀŝĐĞΛǀŝĞǁƐŽŶŝĐĐŽŵ
ŚƩƉǁǁǁǀŝĞǁƐŽŶŝĐĐŽŵůĂƐŽƉŽƌƚĞƐĞƌǀŝĐŝŽͲƚĞĐŶŝĐŽ;ƐƉĂŹŽůͿ
ŚƩƉǁǁǁǀŝĞǁƐŽŶŝĐĐŽŵůĂƐŽƉŽƌƚĞƐĞƌǀŝĐŝŽͲƚĞĐŶŝĐŽͲůĂ
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ʶ
භʶ;
Ϳ
භʿʪ˄
භʥͲϮ
භʶh^
භˁ
භʶ
භʤZ^ϮϯϮ
භʯͲϱ
භʿ
භʦ
භˁ
,D/
ˀ˄ˁˁʶʰʱ
ʦ
ϭϱs
ϭϱs
sŝĞǁŽĂƌĚ/&WϱϬ
ˀ
ʶ
'ƵşĂĚĞŝŶŝĐŝŽƌĄƉŝĚŽ
'ƵŝĚĞƌĂƉŝĚĞĚĞĚĠďƵƚ
'ƵŝĂĚĞŝŶŝĐŝŽƌĂƉŝĚŽ
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ˈ;s^Ϳ
ʿs^;džͿ ˁ;džͿ ʶ
/&WϱϱϱϬͲϱϱ ϰϬϬdžϮϬϬ DϴͲϮϱ ϰ
/&WϲϱϱϬͲϲϱ ϲϬϬdžϰϬϬ DϴͲϮϱ ϰ
/&WϳϱϱϬͲϳϱ ϴϬϬdžϰϬϬ DϴͲϮϱ ϰ
/&WϴϲϱϬͲϴϲ ϴϬϬdžϲϬϬ DϴͲϮϱ ϰ
ˀ˄ˁˁʶʰʱ
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˄
ϰ
;ϭϬͿ
ϰ
;ϭϬͿ
ϰ
;ϭϬͿ
ϭϭϴϳϱ
;ϯϬϭϲͿ
ˀ˄ˁˁʶʰʱ
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ʽ
86% 86% 86%
ʿ ʽ
ɇɚɠɦɢɬɟɞɚɧɧɭɸɤɧɨɩɤɭɞɥɹɜɤɥɸɱɟɧɢɹɭɫɬɪɨɣɫɬɜɚ
ɇɚɠɦɢɬɟɞɚɧɧɭɸɤɧɨɩɤɭɞɥɹɜɤɥɸɱɟɧɢɹɨɬɤɥɸɱɟɧɢɹɬɨɥɶɤɨɩɨɞɫɜɟɬɤɢɞɢɫɩɥɟɹ
ɇɚɠɦɢɬɟɞɚɧɧɭɸɤɧɨɩɤɭɞɥɹɜɵɤɥɸɱɟɧɢɹɭɫɬɪɨɣɫɬɜɚ
ʦ
ʦ
ʦ
h^ʿʶ
ʿʪ˄
ϭ
Ϯ
ϯ
ϰ
ϱ
ϲ
ϳ
ϴ
ʿͲ
ʪ
sWϭϱͲtWsWϭϲͲtWsWϭϳͲtW
dŽƵĐŚϮ,D/Ϯs'
dŽƵĐŚϭ,D/ϭ,D/Ϯ ʪ
tŝ&ŝ
>Ͳt/&/ͲϬϬϭ
ˀ˄ˁˁʶʰʱ
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ʽʪ˄
ʻ
ʽ
ʽ
ʿ
ˁͲ
ʶ
ʻ
ʿʶ
ʶ
ʯʿʶ
ʶ
ʻ
ʯ
ʶdĂďʿʶ
ʿ
ʶĂĐŬƐƉĂĐĞʿʶ
ʶtŝŶĚŽǁƐʿʶ
ʶDĞŶƵʿʶ
ʻ
ʻ
ʶʻ
ʯʿʽ
ʶͲ
ʻ
ʶʿʿʶ
,нʿʿʶ
,Ͳˁʿʶ
˄
ˇ&ϭtŝŶĚŽǁƐ
ˇ&ϮtŝŶĚŽǁƐ
ˇ&ϯtŝŶĚŽǁƐ
ˇ&ϰtŝŶĚŽǁƐ
ˇ&ϱtŝŶĚŽǁƐ
ˇ&ϲtŝŶĚŽǁƐ
ˇ&ϳtŝŶĚŽǁƐ
ˇ&ϴtŝŶĚŽǁƐ
ˇ&ϵtŝŶĚŽǁƐ
ˇ&ϭϬtŝŶĚŽǁƐ
ˇ&ϭϭtŝŶĚŽǁƐ
ˇ&ϭϮtŝŶĚŽǁƐ
ʻ
ʻ
ˀ˄ˁˁʶʰʱ
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ʿʿʶ
ʿZ^ϮϯϮ
ʿZ^ϮϯϮ
ʿʶ
ϭ ʪʿʶ
ʿʦʿʶ,D/
ͻˁs';ϭϱͲͿʿʶs'/E
ͻˁh/KKhdʿʶh/K/E
Ϯ ˁh^ʿʶdKh,Khd
ʿʪϭϵϮϬdžϭϬϴϬƉ
ʤ˄ʪʰʽʦˈʽʪ
s'
dKh,Ϯ
ʶ
Z^ϮϯϮ
ˀ˄ˁˁʶʰʱ
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ʿh^
ʿ,D/
ʿ
,D/
˄h^ ʺ
ϭ ʿh^h^h^/E
Ϯ ʿ>E/E
ϯ ʺD/
86% 86% 86%
$&,1
ȼɏɈȾɉɂɌȺɇɂə
ɉȿɊȿɆȿɇɇɈȽɈɌɈɄȺ
86% 86% 86%
ˀ˄ˁˁʶʰʱ
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ˀ˄ˁˁʶʰʱ
86% 86% 86%
86% 86% 86%
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ˀ˄ˁˁʶʰʱ
86% 86% 86%
86% 86% 86%
ϭ
Ϯ
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/&WϱϬͲϯͺY^'ͺϭďͺZh^ͺϮϬϮϬϬϮϭϬ
ŽƉLJƌŝŐŚƚΞϮϬϮϬsŝĞǁ^ŽŶŝĐŽƌƉŽƌĂƟŽŶʦ
ˁˇʶˁˁˌʤʪ&
ϭϱʿ;ϭͿ
;ϮͿ
ˁʶ/^ͲϬϬϯE/^Ͳϯ;ͿEDͲϯ;Ϳ
ʶsŝĞǁ^ŽŶŝĐ;ˁˌʤʶʸʤͿ
ǁǁǁǀŝĞǁƐŽŶŝĐĐŽŵƐƵƉƉŽƌƚƉƌŽĚƵĐƚͲƌĞŐŝƐƚƌĂƟŽŶ
ˁˌʤ
ʶ
ʿͲˀʦ
ʸʤ
ˁ
Ⱦɨɩɨɥɧɢɬɟɥɶɧɚɹ
ɩɪɢɧɚɞɥɟɠɧɨɫɬɶ
ɐɟɧɬɪɩɨɞɞɟɪɠɤɢ
9LHZ6RQLF
ϭͲϴϬϬͲϲϴϴͲϲϲϴϴ
ĐƵƐƚŽŵĞƌƐĞƌǀŝĐĞΛǀŝĞǁƐŽŶŝĐĐŽŵ
ϭͲϴϲϲͲϰϲϯͲϰϳϳϱ
ĐƵƐƚŽŵĞƌƐĞƌǀŝĐĞΛǀŝĞǁƐŽŶŝĐĐŽŵ
ŚƩƉǁǁǁǀŝĞǁƐŽŶŝĐĐŽŵůĂƐŽƉŽƌƚĞƐĞƌǀŝĐŝŽͲƚĞĐŶŝĐŽ;ƐƉĂŹŽůͿ
ŚƩƉǁǁǁǀŝĞǁƐŽŶŝĐĐŽŵůĂƐŽƉŽƌƚĞƐĞƌǀŝĐŝŽͲƚĞĐŶŝĐŽͲůĂ
ˀ˄ˁˁʶʰʱ
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ŽŶƚĞŶŝĚŽĚĞůƉĂƋƵĞƚĞ
භĂďůĞĚĞĂůŝŵĞŶƚĂĐŝſŶ;ĞŶǀşŽƉŽƌƌĞŐŝſŶͿ
භDĂŶĚŽĂĚŝƐƚĂŶĐŝĂ
භWŝůĂĚĞƟƉŽdžϮ
භĂďůĞh^
භ>ĄƉŝnjƚĄĐƟů
භ'ƵşĂĚĞŝŶŝĐŝŽƌĄƉŝĚŽ
භĚĂƉƚĂĚŽƌZ^ϮϯϮ
භďƌĂnjĂĚĞƌĂdžϱ
භWůĂĐĂĚĞůĂĐĄŵĂƌĂ
භdŽƌŶŝůůŽ
භŽŵƉĂƟďůĞĐŽŶĞůĐĂďůĞĚĞƐĞŹĂůĐŽŶ,D/
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ŶǀşŽƉŽƌƌĞŐŝſŶ
ϭϱs
ϭϱs
^ĞƌŝĞsŝĞǁŽĂƌĚ/&WϱϬ
DŽŶŝƚŽƌƚĄĐƟůĚĞƵƐŽĐŽŵĞƌĐŝĂů
'ƵşĂƌĄƉŝĚĂĚĞŝŶŝĐŝŽ
'ƵşĂĚĞŝŶŝĐŝŽƌĄƉŝĚŽ
'ƵŝĚĞƌĂƉŝĚĞĚĞĚĠďƵƚ
'ƵŝĂĚĞŝŶŝĐŝŽƌĂƉŝĚŽ
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ƐƉĞĐŝĮĐĂĐŝŽŶĞƐĚĞůŬŝƚĚĞŝŶƐƚĂůĂĐŝſŶĞŶƉĂƌĞĚ;s^Ϳ
WƵůŐĂĚĂ ƐƉĞĐŝĮĐĂĐŝŽŶĞƐs^;džͿ dŽƌŶŝůůŽĞƐƚĄŶĚĂƌ;džͿ ĂŶƟĚĂĚ
/&WϱϱϱϬͲϱϱ ϰϬϬdžϮϬϬŵŵ DϴdžϮϱŵŵ ϰ
/&WϲϱϱϬͲϲϱ ϲϬϬdžϰϬϬŵŵ DϴdžϮϱŵŵ ϰ
/&WϳϱϱϬͲϳϱ ϴϬϬdžϰϬϬŵŵ DϴdžϮϱŵŵ ϰ
/&WϴϲϱϬͲϴϲ ϴϬϬdžϲϬϬŵŵ DϴdžϮϱŵŵ ϰ
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ƚĞŶĐŝſŶĂůĞŶƚŽƌŶŽĚĞŝŶƐƚĂůĂĐŝſŶ
ϰWƵůŐĂĚĂ
;ϭϬĐŵͿ
ϰWƵůŐĂĚĂ
;ϭϬĐŵͿ
ϰWƵůŐĂĚĂ
;ϭϬĐŵͿ
ϭϭϴϳϱWƵůŐĂĚĂ
;ϯϬϭϲĐŵͿ
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/ŶĨŽƌŵĂĐŝſŶŐĞŶĞƌĂůĚĞůƉĂŶĞůĚĞŽŶƚƌŽů
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86% 86% 86%
ůĞŵĞŶƚŽ ĞƐĐƌŝƉĐŝſŶ
WƌĞƐŝŽŶĞĞůďŽƚſŶƉĂƌĂĞŶĐĞŶĚĞƌĞůĚŝƐƉŽƐŝƟǀŽ
WƌĞƐŝŽŶĞĞůďŽƚſŶƉĂƌĂĂƉĂŐĂƌŽĞŶĐĞŶĚĞƌƐŽůĂŵĞŶƚĞůĂƌĞƚƌŽŝůƵŵŝŶĂĐŝſŶĚĞůĂƉĂŶƚĂůůĂ
WƌĞƐŝŽŶĞƐŝŶƐŽůƚĂƌĞůďŽƚſŶƉĂƌĂĂƉĂŐĂƌĞůĚŝƐƉŽƐŝƟǀŽ
WĞƌŵŝƚĞǀŽůǀĞƌĂůĂŝŶƚĞƌĨĂnjƉƌŝŶĐŝƉĂůĚĞŵďĞĚĚĞĚƉůĂLJĞƌ
WĞƌŵŝƚĞǀŽůǀĞƌĂůŶŝǀĞůĂŶƚĞƌŝŽƌĚĞŵďĞĚĚĞĚƉůĂLJĞƌ
WĞƌŵŝƚĞůůĂŵĂƌĂůĂĨƵŶĐŝſŶĚĞŵĞŶƷ
WĞƌŵŝƚĞďĂũĂƌĞůǀŽůƵŵĞŶ
WĞƌŵŝƚĞƐƵďŝƌĞůǀŽůƵŵĞŶ
WƵĞƌƚŽh^ƉĂƌĂŵďĞĚĚĞĚWůĂLJĞƌLJWŝŶƚĞƌŶŽ
ZĞĐŝďĞůĂƐƐĞŹĂůĞƐĚĞůŵĂŶĚŽĂĚŝƐƚĂŶĐŝĂ
ϭ
Ϯ
ϯ
ϰ
ϱ
ϲ
ϳ
ϴ
WƵĞƌƚŽĚĞ^
WĐŽŶĞŶƚƌĂĚĂĚĞƌĂŶƵƌĂŽƉĐŝŽŶĂů
sWϭϱͲtWsWϭϲͲtWsWϭϳͲtW
dĄĐƟůϮƉĂƌĂ,D/ϮLJs'
dĄĐƟůϭƉĂƌĂ,D/ϭLJ,D/Ϯ
DſĚƵůŽtŝĮŽƉĐŝŽŶĂů
>Ͳt/&/ͲϬϬϭ
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/ŶĨŽƌŵĂĐŝſŶŐĞŶĞƌĂůĚĞůŵĂŶĚŽĂĚŝƐƚĂŶĐŝĂ
WƌĞƐŝſŶĞƐƚĞďŽƚſŶƉĂƌĂ
EdEZKW'ZůĂƉĂŶƚĂůůĂ
^ŝůĞŶĐŝŽĞƐĂĐƟǀĂƌƐŝůĞŶĐŝŽ
WĞƌŵŝƚĞŵŽƐƚƌĂƌŝŶĨŽƌŵĂĐŝſŶ
ĚĞůĂĨƵĞŶƚĞĚĞĞŶƚƌĂĚĂĂĐƚƵĂů
WĂŶƚĂůůĂĞŶďůĂŶĐŽ
ŽŶŐĞůĂƌƉĂŶƚĂůůĂ
ŽƚſŶĚĞĞŶƚƌĂĚĂŶƵŵĠƌŝĐĂ
WƌĞƐŝŽŶĞĞƐƚĞďŽƚſŶƉĂƌĂĐĂŵďŝĂƌ
ĞŶƚƌĞĂƉůŝĐĂĐŝŽŶĞƐĚĞW
ŽƚſŶĚĞĞŶƚƌĂĚĂŶƵŵĠƌŝĐĂ
WĞƌŵŝƚĞĐĞƌƌĂƌůĂǀĞŶƚĂŶĂĚĞ
WĂĐƚƵĂů
ŽƚſŶĚĞƐĞůĞĐĐŝſŶĚĞĨƵĞŶƚĞ
WƌĞƐŝŽŶĞĞƐƚĞďŽƚſŶƉĂƌĂ
ŵŽƐƚƌĂƌĞůŵĞŶƷ
ĂƉƚƵƌĂĚĞƉĂŶƚĂůůĂ
ŽƚſŶdĂďƵůĂĚŽƌĚĞůĞƋƵŝƉŽ
ĂŵďŝĂƌĂůĞƐĐƌŝƚŽƌŝŽĚĞůŵſĚƵůŽ
ĚĞWĚĞĂĐŽƉůĂŵŝĞŶƚŽƉŽƌƌĂŶƵƌĂ
ŽƚſŶZĞƚƌŽĐĞƐŽĚĞůĞƋƵŝƉŽ
ŽƚſŶtŝŶĚŽǁƐĚĞůĞƋƵŝƉŽ
ŽƚſŶDĞŶƷĚĞůĞƋƵŝƉŽ
WƌĞƐŝŽŶĂƌƉĂƌĂĚĞƐƉůĂnjĂƌƐĞ
ŚĂĐŝĂĂƌƌŝďĂ
WƌĞƐŝŽŶĂƌƉĂƌĂĚĞƐƉůĂnjĂƌƐĞ
ŚĂĐŝĂĂďĂũŽ
ŽƚſŶ/ŶƚƌŽWƌĞƐŝſŶĞůŽƉĂƌĂ
ƐĞůĞĐĐŝŽŶĂƌŽƉĐŝŽŶĞƐ
/ŶŝĐŝŽĚĞůƐŽŌǁĂƌĞĚĞĞƐĐƌŝƚƵƌĂ
ŽƚſŶĚĞĂĐĐĞƐŽĚŝƌĞĐƚŽƉĂƌĂ
ƐĂůŝƌĚĞůŽƐĐƵĂĚƌŽƐĚĞĚŝĂůŽŐŽ
ƚƌĄƐ
ŽƚſŶƐƉĂĐŝŽĚĞůĞƋƵŝƉŽ
E>нWĄŐŝŶĂĂŶƚĞƌŝŽƌĚĞůĞƋƵŝƉŽ
E>ͲWĄŐŝŶĂƐŝŐƵŝĞŶƚĞĚĞůĞƋƵŝƉŽ
^ƵďŝƌŽďĂũĂƌǀŽůƵŵĞŶ
&ƵŶĐŝſŶ&ϭĚĞtŝŶĚŽǁƐ
&ƵŶĐŝſŶ&ϮĚĞtŝŶĚŽǁƐ
&ƵŶĐŝſŶ&ϯĚĞtŝŶĚŽǁƐ
&ƵŶĐŝſŶ&ϰĚĞtŝŶĚŽǁƐ
&ƵŶĐŝſŶ&ϱĚĞtŝŶĚŽǁƐ
&ƵŶĐŝſŶ&ϲĚĞtŝŶĚŽǁƐ
&ƵŶĐŝſŶ&ϳĚĞtŝŶĚŽǁƐ
&ƵŶĐŝſŶ&ϴĚĞtŝŶĚŽǁƐ
&ƵŶĐŝſŶ&ϵĚĞtŝŶĚŽǁƐ
&ƵŶĐŝſŶ&ϭϬĚĞtŝŶĚŽǁƐ
&ƵŶĐŝſŶ&ϭϭĚĞtŝŶĚŽǁƐ
&ƵŶĐŝſŶ&ϭϮĚĞtŝŶĚŽǁƐ
WƌĞƐŝŽŶĂƌƉĂƌĂĚĞƐƉůĂnjĂƌƐĞ
ŚĂĐŝĂůĂŝnjƋƵŝĞƌĚĂ
WƌĞƐŝŽŶĂƌƉĂƌĂĚĞƐƉůĂnjĂƌƐĞ
ŚĂĐŝĂůĂĚĞƌĞĐŚĂ
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ŽŶĞĐƚĂƌƵŶĞƋƵŝƉŽĞdžƚĞƌŶŽ
ŽŶĞdžŝŽŶĞƐZ^ϮϯϮ
ƵĂŶĚŽƵƟůŝĐĞƵŶĐĂďůĞĚĞƉƵĞƌƚŽƐĞƌŝĞZ^ϮϯϮƉĂƌĂĐŽŶĞĐƚĂƌůĂƉĂŶƚĂůůĂĂƵŶĞƋƵŝƉŽĞdžƚĞƌŶŽĚĞƚĞƌŵŝŶĂͲ
ĚĂƐĨƵŶĐŝŽŶĞƐƐĞƉƵĞĚĞŶĐŽŶƚƌŽůĂƌŵĞĚŝĂŶƚĞƐƵWĐŽŵŽĞůĞŶĐĞŶĚŝĚŽLJĂƉĂŐĂĚŽĚĞůĂĂůŝŵĞŶƚĂĐŝſŶĞů
ĂũƵƐƚĞĚĞǀŽůƵŵĞŶĞƚĐ
ϭ WĂƌĂŵŽƐƚƌĂƌǀşĚĞŽLJƐŽŶŝĚŽĚĞƐĚĞƵŶĞƋƵŝƉŽĞdžƚĞƌŶŽƐŝŐĂůĂƐŝŶƐƚƌƵĐĐŝŽŶĞƐƋƵĞƐĞŝŶĚŝĐĂŶĂ
ĐŽŶƟŶƵĂĐŝſŶ
EŽƚĂ>ŽƐĞƋƵŝƉŽƐĞdžƚĞƌŶŽƐƚĂŵďŝĠŶƐĞƉƵĞĚĞŶĐŽŶĞĐƚĂƌĂůĂƉĂŶƚĂůůĂĂƚƌĂǀĠƐĚĞůĐĂďůĞ,D/
ͻŽŶĞĐƚĞƵŶĐĂďůĞs';ϭϱĐŽŶƚĂĐƚŽƐͿĚĞƐĚĞĞůĞƋƵŝƉŽĞdžƚĞƌŶŽĂůƉƵĞƌƚŽEdZs'ĚĞůĂ
ƉĂŶƚĂůůĂ
ͻŽŶĞĐƚĞƵŶĐĂďůĞĚĞĂƵĚŝŽĚĞƐĚĞĞůƉƵĞƌƚŽ^>/h/KĚĞůĞƋƵŝƉŽĞdžƚĞƌŶŽĂůƉƵĞƌƚŽ
EdZh/KĚĞůĂƉĂŶƚĂůůĂ
Ϯ ŽŶĞĐƚĞƵŶĐĂďůĞh^ĂůĞƋƵŝƉŽĞdžƚĞƌŶŽĚĞƐĚĞĞůƉƵĞƌƚŽ^>/dd/>ĚĞůĂƉĂŶƚĂůůĂ
EŽƚĂWĂƌĂŽďƚĞŶĞƌƵŶŽƐƌĞƐƵůƚĂĚŽƐſƉƟŵŽƐƐĞůĞĐĐŝŽŶĞϭϵϮϬdžϭϬϴϬƉĐŽŵŽůĂƌĞƐŽůƵĐŝſŶĚĞ
ĞŶƚƌĂĚĂĚĞůĞƋƵŝƉŽĞdžƚĞƌŶŽ
EdZh/K
s'
dd/>Ϯ
ĂďůĞĚĞƉƵĞƌƚŽƐĞƌŝĞ
Z^ϮϯϮ
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ŽŶĞĐƚĂƌƉĞƌŝĨĠƌŝĐŽƐh^
ŽŶĞdžŝŽŶĞƐ,D/
ŽŵĞŶnjĂƌĂƵƐĂƌ
,D/
ƋƵŝƉŽh^ ŶƌƵƚĂĚŽƌLJŽƚƌĂƐĂůŝĚĂ
ĚĞƐĞŹĂůĚĞƌĞĚ
ϭ WĞƌŝĨĠƌŝĐŽƐh^ĞŶĐŚƵĨĞĞůĐĂďůĞĚĞůĚŝƐƉŽƐŝƟǀŽh^ĞŶĞůƉƵĞƌƚŽEdZh^
Ϯ ĂďůĞƐƉĂƌĂĐŽŶĞdžŝſŶĞŶƌĞĚLJĚĞůŵſĚĞŵĞŶĐŚƵĨĞĞůĐĂďůĞĚĞůĞŶƌƵƚĂĚŽƌĞŶĞůƉƵĞƌƚŽEdZ
>E
ϯ DŝĐƌſĨŽŶŽĞŶĐŚƵĨĞĞůĐĂďůĞĚĞůŵŝĐƌſĨŽŶŽĞŶĞůƉƵĞƌƚŽD/
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86% 86% 86%
(175$'$'(&$
86% 86% 86%
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86% 86% 86%
86% 86% 86%
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86% 86% 86%
86% 86% 86%
ϭ
Ϯ
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^ĞƌŝĞ/&WϱϬͲϯͺY^'ͺϭďͺ^WͺϮϬϮϬϬϮϭϬ
ŽƉLJƌŝŐŚƚΞϮϬϮϬsŝĞǁ^ŽŶŝĐŽƌƉŽƌĂƟŽŶZĞƐĞƌǀĂĚŽƐƚŽĚŽƐůŽƐĚĞƌĞĐŚŽƐ
ĞĐůĂƌĂĐŝſŶĚĞĐƵŵƉůŝŵŝĞŶƚŽĚĞůĂ&ƐƚĞĚŝƐƉŽƐŝƟǀŽĐƵŵƉůĞĞůƉĂƌƚĂĚŽϭϱĚĞůĂƐŶŽƌŵĂƐ&ů
ĨƵŶĐŝŽŶĂŵŝĞŶƚŽĞƐƚĄƐƵũĞƚŽĂůĂƐƐŝŐƵŝĞŶƚĞƐĚŽƐĐŽŶĚŝĐŝŽŶĞƐ;ϭͿĞƐƚĞĚŝƐƉŽƐŝƟǀŽŶŽĚĞďĞƌĄĐĂƵƐĂƌ
ŝŶƚĞƌĨĞƌĞŶĐŝĂƐƉĞƌũƵĚŝĐŝĂůĞƐLJ;ϮͿĞƐƚĞĚŝƐƉŽƐŝƟǀŽĚĞďĞƌĄĂĐĞƉƚĂƌĐƵĂůƋƵŝĞƌŝŶƚĞƌĨĞƌĞŶĐŝĂƋƵĞƌĞĐŝďĂ
ŝŶĐůƵŝĚĂƐŝŶƚĞƌĨĞƌĞŶĐŝĂƐƋƵĞƉƵĞĚĂŶĐĂƵƐĂƌƵŶĨƵŶĐŝŽŶĂŵŝĞŶƚŽŶŽĚĞƐĞĂĚŽ
ƵŵƉůŝŵŝĞŶƚŽĚĞůĞƐƚĄŶĚĂƌ/ŶĚƵƐƚƌLJĂŶĂĚĂ/^ͲϬϬϯE/^Ͳϯ;ͿEDͲϯ;Ϳ
sŝĞǁ^ŽŶŝĐŽƌƉŽƌĂƟŽŶ;hhĂŶĂĚĄŵĠƌŝĐĂ>ĂƟŶĂͿ
ǁǁǁǀŝĞǁƐŽŶŝĐĐŽŵƐƵƉƉŽƌƚƉƌŽĚƵĐƚͲƌĞŐŝƐƚƌĂƟŽŶ
ƐƚĂĚŽƐhŶŝĚŽƐ
ϭͲϴϬϬͲϲϴϴͲϲϲϴϴ
ĐƵƐƚŽŵĞƌƐĞƌǀŝĐĞΛǀŝĞǁƐŽŶŝĐĐŽŵ
ĂŶĂĚĄ
ϭͲϴϲϲͲϰϲϯͲϰϳϳϱ
ĐƵƐƚŽŵĞƌƐĞƌǀŝĐĞΛǀŝĞǁƐŽŶŝĐĐŽŵ
WƵĞƌƚŽZŝĐŽĞ/ƐůĂƐsşƌŐĞŶĞƐ
ŚƩƉǁǁǁǀŝĞǁƐŽŶŝĐĐŽŵůĂƐŽƉŽƌƚĞƐĞƌǀŝĐŝŽͲƚĞĐŶŝĐŽ;ƐƉĂŹŽůͿ
ŵĠƌŝĐĂ>ĂƟŶĂ
ŚƩƉǁǁǁǀŝĞǁƐŽŶŝĐĐŽŵůĂƐŽƉŽƌƚĞƐĞƌǀŝĐŝŽͲƚĞĐŶŝĐŽͲůĂ
ĞĐůĂƌĂĐŝſŶĚĞĐŽŶĨŽƌŵŝĚĂĚ
^WHK>
$FFHVRULRVRSFLRQDOHV&HQWURGHVRSRUWHWpFQLFR
GH9LHZ6RQLF
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WĂŬĞƚĞƚƐŝŶŶĞŚĊůů
භ^ƚƌƂŵŬĂďĞů;ŵĞĚĨƂůũĞƌĞŌĞƌƌĞŐŝŽŶͿ
භ&ũćƌƌŬŽŶƚƌŽůů
භͲďĂƩĞƌŝdžϮ
භh^ͲŬĂďĞů
භWĞŬƉĞŶŶĂ
භ^ŶĂďďƐƚĂƌƚƐŐƵŝĚĞ
භZ^ϮϯϮͲĂĚĂƉƚĞƌ
භ<ůćŵŵĂdžϱ
භ<ĂŵĞƌĂƉůĂƩĂ
භ^ŬƌƵǀ
භ^ŝŐŶĂůŬĂďĞůŬŽŵƉĂƟďĞůŵĞĚ,D/
^sE^<
DĞĚĨƂůũĞƌĞŌĞƌƌĞŐŝŽŶ
ϭϱs
ϭϱs
sŝĞǁŽĂƌĚ/&WϱϬͲƐĞƌŝĞŶ
<ŽŵŵĞƌƐŝĞůůƉĞŬƐŬćƌŵ
^ŶĂďďƐƚĂƌƚƐŐƵŝĚĞ
'ƵşĂĚĞŝŶŝĐŝŽƌĄƉŝĚŽ
'ƵŝĚĞƌĂƉŝĚĞĚĞĚĠďƵƚ
'ƵŝĂĚĞŝŶŝĐŝŽƌĂƉŝĚŽ
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^ƉĞĐŝĮŬĂƟŽŶĞƌĨƂƌǀćŐŐŵŽŶƚĞƌŝŶŐƐƐĂƚƐ;s^Ϳ
ƚƵŵ s^^ƉĞĐ;džͿ ^ƚĂŶĚĂƌĚƐŬƌƵǀ;džͿ ŶƚĂů
/&WϱϱϱϬͲϱϱ ϰϬϬdžϮϬϬŵŵ DϴdžϮϱŵŵ ϰ
/&WϲϱϱϬͲϲϱ ϲϬϬdžϰϬϬŵŵ DϴdžϮϱŵŵ ϰ
/&WϳϱϱϬͲϳϱ ϴϬϬdžϰϬϬŵŵ DϴdžϮϱŵŵ ϰ
/&WϴϲϱϬͲϴϲ ϴϬϬdžϲϬϬŵŵ DϴdžϮϱŵŵ ϰ
^sE^<
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DŝůũƂƵƉƉŵćƌŬƐĂŵŚĞƚǀŝĚŝŶƐƚĂůůĂƟŽŶ
ϰƚƵŵ
;ϭϬĐŵͿ
ϰƚƵŵ
;ϭϬĐŵͿ
ϰƚƵŵ
;ϭϬĐŵͿ
ϭϭϴϳϱƚƵŵ
;ϯϬϭϲĐŵͿ
^sE^<
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PǀĞƌƐŝŬƚƂǀĞƌŬŽŶƚƌŽůůƉĂŶĞůĞŶ
^sE^<
86% 86% 86%
KďũĞŬƚ ĞƐŬƌŝǀŶŝŶŐ
dƌLJĐŬƉĊŬŶĂƉƉĞŶĨƂƌĂƩƐůĊƉĊĞŶŚĞƚĞŶ
dƌLJĐŬƉĊŬŶĂƉƉĞŶĨƂƌĂƩĞŶĚĂƐƚƐůĊĂǀƉĊƐŬćƌŵĞŶƐďĂŬŐƌƵŶĚƐďĞůLJƐŶŝŶŐ
,ĊůůŬŶĂƉƉĞŶŝŶƚƌLJĐŬƚĨƂƌĂƩƐƚćŶŐĂĂǀĞŶŚĞƚĞŶ
dŝůůďĂŬĂƟůůĚĞŶŝŶďLJŐŐĚĂƐƉĞůĂƌĞŶƐŚƵǀƵĚŐƌćŶƐƐŶŝƩ
ƚĞƌŐĊƟůůĚĞŶŝŶďLJŐŐĚĂƐƉĞůĂƌĞŶƐĨƂƌĞŐĊĞŶĚĞŶŝǀĊ
&ƵŶŬƟŽŶƐŵĞŶLJĨƂƌƵƉƉƌŝŶŐŶŝŶŐ
^ćŶŬǀŽůLJŵĞŶ
PŬĂǀŽůLJŵĞŶ
h^ͲƉŽƌƚĨƂƌŝŶďLJŐŐĚƐƉĞůĂƌĞŽĐŚŝŶƚĞƌŶĚĂƚŽƌ
dĂƌĞŵŽƚƐŝŐŶĂůĞƌĨƌĊŶłćƌƌŬŽŶƚƌŽůůĞŶ
ϭ
Ϯ
ϯ
ϰ
ϱ
ϲ
ϳ
ϴ
/KͲƉŽƌƚ
sĂůĨƌŝŬŽƌƚƉůĂƚƐŝĚĂƚŽƌ
sWϭϱͲtWsWϭϲͲtWsWϭϳͲtW
dƌLJĐŬƉĊϮĨƂƌ,D/ϮŽĐŚs'
dƌLJĐŬƉĊϭĨƂƌ,D/ϭŽĐŚ,D/Ϯ
sĂůĨƌŝtŝĮͲŵŽĚƵů
>Ͳt/&/ͲϬϬϭ
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PǀĞƌƐŝŬƚƂǀĞƌłćƌƌŬŽŶƚƌŽůůĞŶ
dƌLJĐŬĨƂƌĂƩƐůĊWsƐŬćƌŵĞŶ
^ƚćŶŐĂǀůũƵĚƐůĊƉĊůũƵĚ
sŝƐĂŝŶĨŽƌŵĂƟŽŶŽŵĚĞŶ
ĂŬƚƵĞůůĂŝŶŐĊŶŐƐŬćůůĂŶ
dŽŵƐŬćƌŵ
&ƌLJƐƐŬćƌŵĞŶ
EƵŵĞƌŝƐŬŝŶŵĂƚŶŝŶŐƐŬŶĂƉƉ
dƌLJĐŬĨƂƌĂƩǀćdžůĂŵĞůůĂŶ
WͲĂƉƉůŝŬĂƟŽŶĞƌ
EƵŵĞƌŝƐŬŝŶŵĂƚŶŝŶŐƐŬŶĂƉƉ
^ƚćŶŐĚĞƚĂŬƚƵĞůůĂWͲĨƂŶƐƚƌĞƚ
<ŶĂƉƉĨƂƌǀĂůĂǀŬćůůĂ
dƌLJĐŬĨƂƌĂƩǀŝƐĂŵĞŶLJŶ
^ŬćƌŵďŝůĚ
WΖ&ůŝŬΖͲŬŶĂƉƉ
LJƚƟůůŬŽƌƚƉůĂƚƐƉĊWͲƐŬƌŝǀďŽƌĚĞƚ
WΖďĂĐŬƐůĂŐΖͲŬŶĂƉƉ
WΖtŝŶĚŽǁƐΖͲŬŶĂƉƉ
WΖŵĞŶLJΖͲŬŶĂƉƉ
dƌLJĐŬĨƂƌĂƩďůćĚĚƌĂƵƉƉĊƚ
dƌLJĐŬĨƂƌĂƩďůćĚĚƌĂŶĞĚĊƚ
ŶƚĞƌͲŬŶĂƉƉdƌLJĐŬƉĊĚĞŶĨƂƌ
ĂƩǀćůũĂĂůƚĞƌŶĂƟǀ
^ƚĂƌƚĂƐŬƌŝǀƉƌŽŐƌĂŵǀĂƌĂ
'ĞŶǀćŐƐŬŶĂƉƉĨƂƌĂƩĂǀƐůƵƚĂ
ĚŝĂůŽŐƌƵƚŽƌ
dŝůůďĂŬĂ
WΖDĞůůĂŶƐůĂŐΖͲŬŶĂƉƉ
,нWĨƂƌĞŐĊĞŶĚĞƐŝĚĂ
,ͲWŶćƐƚĂƐŝĚĂ
PŬĂŵŝŶƐŬĂǀŽůLJŵĞŶ
tŝŶĚŽǁƐ&ϭͲĨƵŶŬƟŽŶ
tŝŶĚŽǁƐ&ϮͲĨƵŶŬƟŽŶ
tŝŶĚŽǁƐ&ϯͲĨƵŶŬƟŽŶ
tŝŶĚŽǁƐ&ϰͲĨƵŶŬƟŽŶ
tŝŶĚŽǁƐ&ϱͲĨƵŶŬƟŽŶ
tŝŶĚŽǁƐ&ϲͲĨƵŶŬƟŽŶ
tŝŶĚŽǁƐ&ϳͲĨƵŶŬƟŽŶ
tŝŶĚŽǁƐ&ϴͲĨƵŶŬƟŽŶ
tŝŶĚŽǁƐ&ϵͲĨƵŶŬƟŽŶ
tŝŶĚŽǁƐ&ϭϬͲĨƵŶŬƟŽŶ
tŝŶĚŽǁƐ&ϭϭͲĨƵŶŬƟŽŶ
tŝŶĚŽǁƐ&ϭϮͲĨƵŶŬƟŽŶdƌLJĐŬĨƂƌĂƩďůćĚĚƌĂƟůůǀćŶƐƚĞƌ
dƌLJĐŬĨƂƌĂƩďůćĚĚƌĂƟůůŚƂŐĞƌ
^sE^<
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ŶƐůƵƚĂĞŶĞdžƚĞƌŶĚĂƚŽƌ
Z^ϮϯϮͲĂŶƐůƵƚŶŝŶŐĂƌ
EćƌĚƵĂŶǀćŶĚĞƌĞŶZ^ϮϯϮƐĞƌŝĞůůƉŽƌƚŬĂďĞůĨƂƌĂƩĂŶƐůƵƚĂĚŝŶƐŬćƌŵƟůůĞŶĞdžƚĞƌŶĚĂƚŽƌŬĂŶǀŝƐƐĂĨƵŶŬͲ
ƟŽŶĞƌƐƚLJƌĂƐĂǀĚĂƚŽƌŶŝŶŬůƵƐŝǀĞƐƚƌƂŵƉĊĂǀǀŽůLJŵũƵƐƚĞƌŝŶŐŽĐŚŵĞƌ
ϭ &ƂůũŝŶƐƚƌƵŬƟŽŶĞƌŶĂŶĞĚĂŶĨƂƌĂƩǀŝƐĂǀŝĚĞŽŽĐŚůũƵĚĨƌĊŶĞŶĞdžƚĞƌŶĚĂƚŽƌ
KďƐdžƚĞƌŶĂĚĂƚŽƌĞƌŬĂŶŽĐŬƐĊĂŶƐůƵƚĂƐƟůůƐŬćƌŵĞŶǀŝĂ,D/ͲŬĂďĞůŶ
ͻŶƐůƵƚĞŶs'ͲŬĂďĞů;ϭϱͲƐƟŌͿĨƌĊŶĚŝŶĞdžƚĞƌŶĂĚĂƚŽƌƟůůs'/EͲƉŽƌƚĞŶƉĊƐŬćƌŵĞŶ
ͻŶƐůƵƚĞŶůũƵĚŬĂďĞůĨƌĊŶh/KKhdͲƉŽƌƚĞŶƉĊĚŝŶĞdžƚĞƌŶĂĚĂƚŽƌƟůůh/K/EͲƉŽƌƚĞŶƉĊ
ƐŬćƌŵĞŶ
Ϯ ŶƐůƵƚĞŶh^ͲŬĂďĞůƟůůĚĞŶĞdžƚĞƌŶĂĚĂƚŽƌŶĨƌĊŶdKh,KhdͲƉŽƌƚĞŶƉĊƐŬćƌŵĞŶ
KďƐ&ƂƌŽƉƟŵĂůƚƌĞƐƵůƚĂƚǀćůũϭϵϮϬdžϭϬϴϬƉƐŽŵĚĞŶĞdžƚĞƌŶĂĚĂƚŽƌŶƐŝŶŐĊŶŐƐƵƉƉůƂƐŶŝŶŐ
h/K/E
s'
dKh,Ϯ
^ĞƌŝĞůůƉŽƌƚŬĂďĞů
Z^ϮϯϮ
^sE^<
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ŶƐůƵƚĂh^ͲŬƌŝŶŐƵƚƌƵƐƚŶŝŶŐ
,D/ͲĂŶƐůƵƚŶŝŶŐĂƌ
ƂƌũĂĂŶǀćŶĚĂ
,D/
h^ͲƵƚƌƵƐƚŶŝŶŐ ZŽƵƚĞƌŽĐŚĂŶŶĂŶ
ŶćƚǀĞƌŬƐƐŝŐŶĂůƵƚŐĊŶŐ
ϭ h^ͲŬƌŝŶŐƵƚƌƵƐƚŶŝŶŐŶƐůƵƚh^ͲĞŶŚĞƚĞŶƐŬĂďĞůƟůůh^/EͲƉŽƌƚĞŶ
Ϯ EćƚǀĞƌŬŽĐŚŵŽĚĞŵŬĂďůĂƌŶƐůƵƚƌŽƵƚĞƌŬĂďĞůŶƟůů>E/EͲƉŽƌƚĞŶ
ϯ DŝŬƌŽĨŽŶŶƐůƵƚŵŝŬƌŽĨŽŶŬĂďĞůŶƟůůD/ͲƉŽƌƚĞŶ
^sE^<
86% 86% 86%
$&,1
86% 86% 86%
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^sE^<
86% 86% 86%
86% 86% 86%
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^sE^<
86% 86% 86%
86% 86% 86%
ϭ
Ϯ
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/&WϱϬͲϯƐĞƌŝĞƐͺY^'ͺϭďͺ^tͺϮϬϮϬϬϮϭϬ
ŽƉLJƌŝŐŚƚΞϮϬϮϬsŝĞǁ^ŽŶŝĐŽƌƉŽƌĂƟŽŶůůĂƌćƫŐŚĞƚĞƌĨƂƌďĞŚĊůůŶĂ
hƩĂůĂŶĚĞŐćůůĂŶĚĞ&ͲĞŌĞƌůĞǀŶĂĚĞŶŶĂĞŶŚĞƚƂǀĞƌĞŶƐƐƚćŵŵĞƌŵĞĚĂǀƐŶŝƩϭϱŝ&ͲƌĞŐůĞƌŶĂ
ŶǀćŶĚŶŝŶŐĞŶćƌƵŶĚĞƌƐƚćůůĚĨƂůũĂŶĚĞƚǀĊǀŝůůŬŽƌ;ϭͿŶŚĞƚĞŶĨĊƌŝŶƚĞŽƌƐĂŬĂƐŬĂĚůŝŐĂƐƚƂƌŶŝŶŐĂƌŽĐŚ;ϮͿ
ĞŶŶĂĞŶŚĞƚŵĊƐƚĞĂĐĐĞƉƚĞƌĂĂůůĂŵŽƩĂŐŶĂƐƚƂƌŶŝŶŐĂƌŝŶŬůƵƐŝǀĞƐƚƂƌŶŝŶŐĂƌƐŽŵŬĂŶŽƌƐĂŬĂŽƂŶƐŬĂĚ
ĨƵŶŬƟŽŶ
hƩĂůĂŶĚĞŐćůůĂŶĚĞ/ŶĚƵƐƚƌLJĂŶĂĚĂ/^ͲϬϬϯͲĞŌĞƌůĞǀŶĂĚE/^Ͳϯ;ͿEDͲϯ;Ϳ
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/&WϳϱϱϬͲϳϱ ϴϬϬdžϰϬϬŵŵ DϴdžϮϱŵŵ ϰ
/&WϴϲϱϬͲϴϲ ϴϬϬdžϲϬϬŵŵ DϴdžϮϱŵŵ ϰ
丨檻Ḕ㕮
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⩇垛䍮❁㮦⿍
ϰ勘⯟
;ϭϬĐŵͿ
ϰ勘⯟
;ϭϬĐŵͿ
ϰ勘⯟
;ϭϬĐŵͿ
ϭϭϴϳϱ勘⯟
;ϯϬϭϲĐŵͿ
丨檻Ḕ㕮
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㉥映㘽㡀塾
丨檻Ḕ㕮
86% 86% 86%
柬䛕 媑㗵
㋰㋰捜⏖敲╆壄何
㋰㋰捜⏖敲╆ƒ旃数桖䤡♏傳ℰ
㋰ἶ㋰捜⏖旃数壄何
徻⛅ⴳ⅌㒔㔥♏ḢẲ杉
⛅∗ⴳ⅌㒔㔥♏ⱋ
媦䔏⊆僤恟▕
媦ἵ柚憶
媦檿柚憶
䔏㖣ⴳ⅌㒔㔥♏⎱ⅎ惏W䙫h^⟇
㎌㔝恀㎎♏䙫姱噆
ϭ
Ϯ
ϯ
ϰ
ϱ
ϲ
ϳ
ϴ
/K廡㉣⚞
恟峣䙫㎹㧤曢免
sWϭϱͲtWsWϭϲͲtWsWϭϳͲtW
dŽƵĐŚϮ䔏㖣,D/Ϯ⑳s'
dŽƵĐŚϭ䔏㖣,D/ϭ⑳,D/Ϯ
恟峣䙫tŝĮ㨈䴫
>Ͳt/&/ͲϬϬϭ
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弗㉥┦㡀塾
㋰⏖敲╆ƒ旃数桖䤡♏
权柚ƒ姊晋权柚
桖䤡䛕∴弟⅌Ὥ㹷䙫岮姱
䩡䙤䕒杉
⯮䕒杉⮁㠣
㕟⬾弟⅌㋰懼
㋰⏖✏曢免ㆰ䔏䧲
Ḳ敺⇮㏂
㕟⬾弟⅌㋰懼
旃数䛕∴䙫W好䩾
Ὥ㹷恟㒮㋰懼
㋰⏖桖䤡⊆僤塏
䕒杉㓞⎽
W「dĂď」㋰懼
⇮㏂凚㎹㧤W㠳杉
W「ĂĐŬƐƉĂĐĞ」㋰懼
W「tŝŶĚŽǁƐ」㋰懼
W「DĞŶƵ」㋰懼
㋰⏖⏸㍙⊼
㋰⏖⏸㍙⊼
弟⅌㋰懼˛㋰⏖恟㒮恟柬˛
㛟⯒廆檻╆⊼
䔏Ὥ忧⇡⯴婘㖠⠱䙫㍞⽸㋰懼
徻⛅
W「^ƉĂĐĞ」㋰懼
,н:W柨
,Ͳ:W柨
媦檿ƒ媦ἵ柚憶
tŝŶĚŽǁƐ&ϭ⊆僤
tŝŶĚŽǁƐ&Ϯ⊆僤
tŝŶĚŽǁƐ&ϯ⊆僤
tŝŶĚŽǁƐ&ϰ⊆僤
tŝŶĚŽǁƐ&ϱ⊆僤
tŝŶĚŽǁƐ&ϲ⊆僤
tŝŶĚŽǁƐ&ϳ⊆僤
tŝŶĚŽǁƐ&ϴ⊆僤
tŝŶĚŽǁƐ&ϵ⊆僤
tŝŶĚŽǁƐ&ϭϬ⊆僤
tŝŶĚŽǁƐ&ϭϭ⊆僤
tŝŶĚŽǁƐ&ϭϮ⊆僤㋰⏖⏸ⷍ㍙⊼
㋰⏖⏸⏚㍙⊼
丨檻Ḕ㕮
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廡㉣⟔徦方値
Z^ϮϯϮ廡㉣
ὦ䔏5^ϮϯϮ⇾⟇怊㎌䷁⯮桖䤡♏怊㎌凚⣽惏曢免㘩Ə⏖忶怵曢免㎎∝㞷Ẃ⊆僤Ə⋬㋓曢㹷敲╆
ϭ 勌奨桖䤡Ὥ凑⣽惏曢免䙫⽘₶⑳偙柚Ə媲ᾄ䅎志㋮䤡㒴ὃƝ
ὗ壹濣⣽惏曢免Ṇ⏖Ọ忶怵,D/䷁怊㎌凚桖䤡♏˛
⯮s'䷁Ƌϭϱ㎌党ƌ⾅⣽惏曢免怊㎌∗桖䤡♏䙫s'/E怊㎌⟇˛
⯮柚姱䷁⾅⣽惏曢免䙫h/KKhd怊㎌⟇怊㎌∗桖䤡♏䙫h/K/E怊㎌⟇˛
Ϯ ⯮h^䷁⾅桖䤡♏䙫dKh,Khd怊㎌⟇怊㎌∗⣽惏曢免˛
ὗ壹濣䂡䍙⽾㛧㔯㞃Ə媲恟㒮ϭϵϮϬdžϭϬϴϬƉ⁁䂡曢免䙫弟⅌姊㝷⺍˛
暱壈巶‣
s'
dKh,Ϯ
ⵍ⚞䵚䲘
Z^ϮϯϮ
丨檻Ḕ㕮
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廡㉣h^⌦彈垛丬
,D/廡㉣
摉⢉ḽ䏦
,D/
h^士ὗ 岭䏯┦⊈‴ᶔ䱰岭
壈唝巶₸
ϭ 86%恱壄何Ɲ⯮86%壄何怊㎌䷁㎹⅌86%,1怊㎌⟇˛
Ϯ 䶙巖⑳㕟㓁㩆怊㎌䷁Ɲ⯮巖䔘♏怊㎌䷁㎹⅌/$1,1怊㎌⟇˛
ϯ 溌Ⅎ梏Ɲ⯮溌Ⅎ梏怊㎌䷁㎹⅌0,&怊㎌⟇˛
丨檻Ḕ㕮
86% 86% 86%
$&輸入
86% 86% 86%
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丨檻Ḕ㕮
86% 86% 86%
86% 86% 86%
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丨檻Ḕ㕮
86% 86% 86%
86% 86% 86%
ϭ
Ϯ
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/&WϱϬͲϯƐĞƌŝĞƐͺY^'ͺϭďͺd,ͺϮϬϮϬϬϮϭϬ
䈯㫱㈧㛰ΞϮϬϮϬsŝĞǁ^ŽŶŝĐŽƌƉŽƌĂƟŽŶ。ῄ䕀㈧㛰㫱∐˛
&䧤⋆⻥估㓌濣㜓娔₀䬍⏯&奶∮䬓ϭϱ惏⇭䙫奶⮁˛㒴ὃ㘩㛰Ọ⅐䨕ガ㲨Ɲ;ϭͿ㜓壄何
㛪怇ㇷ㛰⮚䙫⹙㓥ƏỌ⎱;ϮͿ㜓壄何⾬柯㎌⎾ỢἼ㎌㔝∗䙫⹙㓥Ə⋬㋓怇ㇷ㒴ὃ剖䙫⹙㓥˛
⅞ㆽ⟥ⲣ㠫徦/^ͲϬϬϯ䧤⋆⻥濣E/^Ͳϯ;ͿEDͲϯ;Ϳ
sŝĞǁ^ŽŶŝĐŽƌƉŽƌĂƟŽŶ濑乌◉濘⅞ㆽ⟥濘ㆇᲿ乌㯰濒
ǁǁǁǀŝĞǁƐŽŶŝĐĐŽŵƐƵƉƉŽƌƚƉƌŽĚƵĐƚͲƌĞŐŝƐƚƌĂƟŽŶ
乌◉
ϭͲϴϬϬͲϲϴϴͲϲϲϴϴ
ĐƵƐƚŽŵĞƌƐĞƌǀŝĐĞΛǀŝĞǁƐŽŶŝĐĐŽŵ
⅞ㆽ⟥
ϭͲϴϲϲͲϰϲϯͲϰϳϳϱ
ĐƵƐƚŽŵĞƌƐĞƌǀŝĐĞΛǀŝĞǁƐŽŶŝĐĐŽŵ
㮠⟘涌⋂⍊䱫ᵪ乢⮴
ŚƩƉǁǁǁǀŝĞǁƐŽŶŝĐĐŽŵůĂƐŽƉŽƌƚĞƐĞƌǀŝĐŝŽͲƚĞĐŶŝĐŽ;ƐƉĂŹŽůͿ
ㆇᲿ乌㯰
ŚƩƉǁǁǁǀŝĞǁƐŽŶŝĐĐŽŵůĂƐŽƉŽƌƚĞƐĞƌǀŝĐŝŽͲƚĞĐŶŝĐŽͲůĂ
䧤⋆⻥估㓌
丨檻Ḕ㕮
恟峣愴ờ9LHZ6RQLF㔖㏛Ḕ⾪
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WĂŬĞƚ7ĕĞƌŝŒŝ
Ɣ'ƺĕŬĂďůŽƐƵ;ďƂůŐĞLJĞŐƂƌĞŐƂŶĚĞƌŝůŝƌͿ
භhnjĂŬƚĂŶŬƵŵĂŶĚĂ
භƉŝůdžϮ
භh^ŬĂďůŽƐƵ
භŽŬƵŶŵĂƟŬ<ĂůĞŵ
භ,ŦnjůŦďĂƔůĂŶŐŦĕŬŦůĂǀƵnjƵ
භZ^ϮϯϮĂĚĂƉƚƂƌƺ
භ<ĞůĞƉĕĞdžϱ
භ<ĂŵĞƌĂ>ĞǀŚĂƐŦ
භsŝĚĂ
භ,D/ŝůĞƵLJƵŵůƵƐŝŶLJĂůŬĂďůŽƐƵ
dmZ<
ƂůŐĞLJĞŐƂƌĞŐƂŶĚĞƌŝůŝƌ
ϭϱs
ϭϱs
sŝĞǁŽĂƌĚ/&WϱϬƐĞƌŝƐŝ
dŝĐĂƌŝŽŬƵŶŵĂƟŬŬƌĂŶ
,ŦnjůŦĂƔůĂŶŐŦĕ<ŦůĂǀƵnjƵ
'ƵşĂĚĞŝŶŝĐŝŽƌĄƉŝĚŽ
'ƵŝĚĞƌĂƉŝĚĞĚĞĚĠďƵƚ
'ƵŝĂĚĞŝŶŝĐŝŽƌĂƉŝĚŽ
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ƵǀĂƌĂDŽŶƚĂũ<ŝƟŶŝŶPnjĞůůŝŬůĞƌŝ;s^Ϳ
ŝŶĕ s^PnjĞůůŬ;džͿ ^ƚĂŶĚĂƌƚsŝĚĂ;džͿ DŝŬƚĂƌ
/&WϱϱϱϬͲϱϱ ϰϬϬdžϮϬϬŵŵ DϴdžϮϱŵŵ ϰ
/&WϲϱϱϬͲϲϱ ϲϬϬdžϰϬϬŵŵ DϴdžϮϱŵŵ ϰ
/&WϳϱϱϬͲϳϱ ϴϬϬdžϰϬϬŵŵ DϴdžϮϱŵŵ ϰ
/&WϴϲϱϬͲϴϲ ϴϬϬdžϲϬϬŵŵ DϴdžϮϱŵŵ ϰ
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ϰŝŶĕ
;ϭϬĐŵͿ
ϰŝŶĕ
;ϭϬĐŵͿ
ϰŝŶĕ
;ϭϬĐŵͿ
ϭϭϴϳϱŝŶĕ
;ϯϬϭϲĐŵͿ
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<ŽŶƚƌŽůWĂŶĞůŝŶĞ'ĞŶĞůĂŬŦƔ
dmZ<
86% 86% 86%
PŒĞ ĕŦŬůĂŵĂ
ŝŚĂnjŦĂĕŵĂŬŝĕŝŶƚƵƔĂďĂƐŦŶ
zĂůŶŦnjĞŬƌĂŶĂƌŬĂŦƔŦŒŦŶŦĂĕŵĂŬŬĂƉĂƚŵĂŬŝĕŝŶƚƵƔĂďĂƐŦŶ
ŝŚĂnjŦŬĂƉĂƚŵĂŬŝĕŝŶƚƵƔƵďĂƐŦůŦƚƵƚƵŶ
<ĂƨƔƨƌŦůŵŦƔŽLJŶĂƨĐŦĂŶĂĂƌĂLJƺnjƺŶĞŐĞƌŝŐŝĚŝŶ
<ĂƨƔƨƌŦůŵŦƔŽLJŶĂƨĐŦƂŶĐĞŬŝĚƺnjĞLJŝŶĞŐĞƌŝŐŝĚŝŶ
7ƔůĞǀŵĞŶƺƐƺŶƺŐƂƌƺŶƚƺůĞLJŝŶ
^ĞƐĚƺnjĞLJŝŶŝĂnjĂůƨŶ
^ĞƐĚƺnjĞLJŝŶŝĂƌƨƌŦŶ
<ĂƨƔƨƌŦůŵŦƔKLJŶĂƨĐŦǀĞĚĂŚŝůŝWŝĕŝŶh^ďĂŒůĂŶƨŶŽŬƚĂƐŦ
hnjĂŬƚĂŶŬƵŵĂŶĚĂĚĂŶƐŝŶLJĂůůĞƌŝĂůŦƌ
ϭ
Ϯ
ϯ
ϰ
ϱ
ϲ
ϳ
ϴ
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ŝůŐŝƐĂLJĂƌĚĂŬŝŝƐƚĞŒĞďĂŒůŦLJƵǀĂ
sWϭϱͲtWsWϭϲͲtWsWϭϳͲtW
,D/ϮΘs'ŝĕŝŶdŽƵĐŚϮ
,D/ϭΘ,D/ϮŝĕŝŶdŽƵĐŚϭ
7ƐƚĞŒĞďĂŒůŦtŝ&ŝŵŽĚƺůƺ
>Ͳt/&/ͲϬϬϭ
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hnjĂŬƚĂŶ<ƵŵĂŶĚĂLJĂ'ĞŶĞůĂŬŦƔ
ŬƌĂŶŦD<<WdD<
ŝĕŝŶďĂƐŦŶ
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ďŝůŐŝůĞƌŝŶŝŐƂƌƺŶƚƺůĞ
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ŬƌĂŶŦĚŽŶĚƵƌ
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ŐĞĕŝƔŝĕŝŶďĂƐŦŶ
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ŬƌĂŶLJĂŬĂůĂŵĂ
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W'ĞƌŝĚƺŒŵĞƐŝ
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ĂĕŵĂŬĂƉĂƚŵĂƐĞƐĂLJĂƌŦǀďĚĂŚŝůďĂnjŦŝƔůĞǀůĞƌWŝůĞŬŽŶƚƌŽůĞĚŝůĞďŝůŝƌ
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EŽƚ,ĂƌŝĐŝWΖůĞƌĞŬƌĂŶĂ,D/ŬĂďůŽƐƵLJŽůƵLJůĂĚĂďĂŒůĂŶĂďŝůŝƌ
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ďĂŒůĂLJŦŶ
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ďĂŒůĂŶƨŶŽŬƚĂƐŦŶĂďĂŒůĂLJŦŶ
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h^ĞŬŝƉŵĂŶŦ zƂŶůĞŶĚŝƌŝĐŝǀĞĚŝŒĞƌ
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86% 86% 86%
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86% 86% 86%
86% 86% 86%
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ďĂŒůŦĚŦƌ;ϭͿƵĂLJŐŦƚnjĂƌĂƌůŦŐŝƌŝƔŝŵĞŶĞĚĞŶŽůĂŵĂnjǀĞ;ϮͿďƵĂLJŐŦƚŝƐƚĞŶŵĞLJĞŶĕĂůŦƔŵĂLJĂŶĞĚĞŶŽůĂďŝůĞŶ
ŐŝƌŝƔŝŵĚĂŚŝůŽůŵĂŬƺnjĞƌĞĂůŦŶĂŶŚĞƌƚƺƌůƺŐŝƌŝƔŝŵŝŬĂďƵůĞƚŵĞůŝĚŝƌ
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ĐƵƐƚŽŵĞƌƐĞƌǀŝĐĞΛǀŝĞǁƐŽŶŝĐĐŽŵ
WŽƌƚŽZŝŬŽΘsŝƌŐŝŶ/ƐůĂŶĚƐ
ŚƩƉǁǁǁǀŝĞǁƐŽŶŝĐĐŽŵůĂƐŽƉŽƌƚĞƐĞƌǀŝĐŝŽͲƚĞĐŶŝĐŽ;ƐƉĂŹŽůͿ
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ΓϮΒόϟΕΎϳϮΘΤϣ
ΔϘτϨϤϟΐδΣϦΤθϟΔϗΎσϞΒϛƔ
Ϊό˵
ΑϦϋϢϜΤΗΓΪΣϭƔ
AAAΔϳέΎτΑ˻ΩΪϋƔ
USBϞΒϛƔ
βϤϠϟϢϠϗƔ
ϊϳήδϟϞϴϐθΘϟϞϴϟΩƔ
RS232ΊϳΎϬϣƔ
ϚΑΎθϣ˾ΩΪϋƔ
ήϴϣΎϜϟΔΣϮϟƔ
ϲϏήΑƔ
HDMIϊϣϖϓϮΘϣΓέΎη·ϞΒϛƔ
ϲΑήϋ
ΔϘτϨϤϟΐδΣϦΤθϟ
1.5V
1.5V
ViewBoard IFP50ΔϠδϠγ
ΔϳέΎΠΘϟβϤϠϟΔηΎη
ϊϳήδϟϞϴϐθΘϟϞϴϟΩ
Guía de inicio rápido
Guide rapide de début
Guia de inicio rapido
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(VESAςΎΤϟΎΑΖϴΒΜΘϟϢϗΎσΕΎϔλϮϣ
ΔλϮΑ VESA (A x B)ΕΎϔλϮϣ(C x DϲγΎϴϗϲϏήΑΔϴϤϜϟ
ΔλϮΑIFP5550 - 55Ϣϣ˻˹˹ × ˽˹˹Ϣϣ˻ x M8˽
ΔλϮΑIFP6550 - 5Ϣϣ˽˹˹ × ˿˹˹Ϣϣ˻ x M8˽
ΔλϮΑIFP7550 - 5Ϣϣ˽˹˹ × ˹˹Ϣϣ˻ x M8˽
ΔλϮΑIFP8650 - Ϣϣ˿˹˹ x ˹˹Ϣϣ˻ x M8˽
ϲΑήϋ
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ΐϴϛήΘϟΔΌϴΒΑΔλΎΨϟΕΎϬϴΒϨΘϟ
Ϣγ˺˹
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ϢϜΤΘϟΔΣϮϟϰϠϋΔϣΎϋΓήψϧ
ϲΑήϋ
ήμϨόϟϒλϮϟ
ίΎϬΠϟϞϴϐθΘϟΡΎΘϔϤϟάϫϰϠϋςϐο
ςϘϓΔηΎθϠϟΔϴϔϠΨϟΓ˯ΎοϹϞϴϐθΗϞϴϐθΗϑΎϘϳϹΡΎΘϔϤϟάϫϰϠϋςϐο
ίΎϬΠϟϞϴϐθΗϑΎϘϳϹΡΎΘϔϤϟάϫϰϠϋέήϤΘγϻϊϣςϐο
ΔϨϤπϤϟΔϴδϴήϟϞϐθϤϟΔϬΟϭϰϟ·ΓΩϮόϟ
ϦϤπϤϟϞϐθϤϠϟϖΑΎδϟϯϮΘδϤϟϰϟ·ωϮΟήϟ
ΔϤΎϘϟΔϔϴχϭϰϟ·ϝΎϘΘϧϻ
ΕϮμϟϯϮΘδϣξϔΧ
ΕϮμϟϯϮΘδϣΓΩΎϳί
ϲϠΧΪϟήΗϮϴΒϤϜϟίΎϬΟϭϦϤπϤϟϞϐθϤϠϟUSBάϔϨϣ
ΪόΑϦϋϢϜΤΘϟΓΪΣϭϦϣΕέΎηϹϞΒϘΘδϳ
˺
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˽
˾
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ΝήΨϟϞΧΪϟάϔϨϣ
ήΗϮϴΒϤϜϟίΎϬΟϲϓΔϳέΎϴΘΧΔΤΘϓ
93&:393&:393&:3
VGAϭHDMI2˰ϟTouch 2άϔϨϣ
HDMI2ϭHDMI1˰ϟTouch 1άϔϨϣ
ΔϴΟέΎΧ:L¿ΓΪΣϭ
LB-WIFI-001
USB USB USB
˺ ˻ ˼ ˽ ˾ ˿
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Ϊό˵
ΑϦϋϢϜΤΘϟΓΪΣϭϰϠϋΔϣΎϋΓήψϧ
ΔηΎθϟϞϴϐθΘϟέΰϟάϫϰϠϋςϐο
ΎϬϠϴϐθΗϑΎϘϳ·ϭ
ϑΎϘϳ·OFFϞϴϐθΗON
ΕϮμϟϢΘϛ˯Ύϐϟ·ΕϮμϟϢΘϛ
ϦϋΕΎϣϮϠόϣνήόϳ
ϲϟΎΤϟϞΧΪϟέΪμϣ
ΔϏέΎϓΔηΎηνήόϳ
ΔηΎθϟΪϴϤΠΘΑϡϮϘϳ
ϲϤϗήϟϝΎΧΩϹέί
ϦϴΑϞϳΪΒΘϠϟέΰϟάϫϰϠϋςϐο
ήΗϮϴΒϤϜϟίΎϬΟΕΎϘϴΒτΗ
ϲϤϗήϟϝΎΧΩϹέί
ΔϴϟΎΤϟήΗϮϴΒϤϜϟΓάϓΎϧϕϼϏΈΑϡϮϘϳ
έΪμϤϟέΎϴΘΧέί
ΔϤΎϘϟνήόϟέΰϟάϫϰϠϋςϐο
ΔηΎθϟρΎϘΘϟΎΑϡϮϘϳ
ήΗϮϴΒϤϜϟίΎϬΟµΐϳϮΒΗΔϣϼϋ¶έί
ήΗϮϴΒϤϜϟΐΘϜϣτγΔΤΘϓϰϟ·ϞϳΪΒΘϟ
ήΗϮϴΒϤϜϟίΎϬΠΑιΎΨϟµϒϠΨϠϟΔϓΎδϣ¶έί
ιΎΨϟµWindowsϞϴϐθΘϟϡΎψϧ¶έί
ήΗϮϴΒϤϜϟίΎϬΠΑ
ήΗϮϴΒϤϜϟίΎϬΟµΔϤΎϗ¶έί
ϰϠϋϷήϳήϤΘϠϟέΰϟάϫϰϠϋςϐο
ϞϔγϷήϳήϤΘϠϟέΰϟάϫϰϠϋςϐο
ϪϴϠϋςϐπϟΎΑϢϗˬϝΎΧΩϹέί
ΕέΎϴΨϟΪϳΪΤΘϟ
ΔΑΎΘϜϟΞϣΎϧήΑϞϴϐθΗ˯ΪΑ
ϦϣΝϭήΨϠϟέΎμΘΧέί
έϮΤϟΕΎόΑήϣ
ωϮΟέ
ήΗϮϴΒϤϜϟίΎϬΠΑιΎΨϟµΔϓΎδϣ¶έί
ΔϘΑΎδϟΔΤϔμϟϰϟ·ωϮΟήϠϟCH
ήΗϮϴΒϤϜϟίΎϬΟϰϠϋ
ΔϴϟΎΘϟΔΤϔμϟϰϟ·ϝΎϘΘϧϼϟCH
ήΗϮϴΒϤϜϟίΎϬΟϰϠϋ
ΕϮμϟϯϮΘδϣξϔΧΓΩΎϳί
WindowsϡΎψϨΑF1Δϔϴχϭ
WindowsϡΎψϨΑF2Δϔϴχϭ
WindowsϡΎψϨΑF3Δϔϴχϭ
WindowsϡΎψϨΑF4Δϔϴχϭ
WindowsϡΎψϨΑF5Δϔϴχϭ
WindowsϡΎψϨΑF6Δϔϴχϭ
WindowsϡΎψϨΑF7Δϔϴχϭ
WindowsϡΎψϨΑF8Δϔϴχϭ
WindowsϡΎψϨΑF9Δϔϴχϭ
WindowsϡΎψϨΑF10Δϔϴχϭ
WindowsϡΎψϨΑF11Δϔϴχϭ
WindowsϡΎψϨΑF12Δϔϴχϭ έΎδϴϠϟήϳήϤΘϠϟέΰϟάϫϰϠϋςϐο
ϦϴϤϴϠϟήϳήϤΘϠϟέΰϟάϫϰϠϋςϐο
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ϲΟέΎΧήΗϮϴΒϤϛίΎϬΟϞϴλϮΗ
RS232ΕϼϴλϮΗ
ϖϳήσϦϋϒΎχϮϟξόΑϲϓϢϜΤΘϟϦϜϤϳϪϧΈϓˬϲΟέΎΧήΗϮϴΒϤϛίΎϬΠΑϚΘηΎηϞϴλϮΘϟRS232ϲϠδϠδΘϟάϔϨϤϟϞΒϛϡΪΨΘγΪϨϋ
ΪϳΰϤϟϚϟΫήϴϏϭΕϮμϟϯϮΘδϣςΒοϭϞϴϐθΘϟϑΎϘϳ·ϞϴϐθΘϟϚϟΫϲϓΎϤΑˬήΗϮϴΒϤϜϟίΎϬΟ
ϩΎϧΩΓΩέϮϟΕΎϤϴϠόΘϟωΎΒΗΎΑϢϗˬϲΟέΎΧήΗϮϴΒϤϛίΎϬΟϱϦϣΔϴΗϮμϟϊσΎϘϤϟϭϮϳΪϴϔϟϊσΎϘϣνήόϟ -˺
.HDMIϞΒϛήΒϋΔηΎθϟΎΑΔϴΟέΎΨϟήΗϮϴΒϤϜϟΓΰϬΟϞϴλϮΗΎ ˱
πϳϦϜϤϳΔψΣϼϣ
ΩϮΟϮϤϟVGA INϞΧΪϟάϔϨϤΑϚΑιΎΨϟϲΟέΎΨϟήΗϮϴΒϤϜϟίΎϬΟϦϣϦγ˺˾ϦϣϥϮϜϤϟVGAϞΒϛϞϴλϮΘΑϢϗ
ΔηΎθϟϰϠϋ
AUDIO INϞΧΪϟάϔϨϤΑϲΟέΎΨϟήΗϮϴΒϤϜϟΎΑΩϮΟϮϤϟAUDIO OUTΝήΨϟάϔϨϣϦϣΕϮμϟϞΒϛϞϴλϮΘΑϢϗ
ΔηΎθϟΎΑΩϮΟϮϤϟ
ΔηΎθϟΎΑΩϮΟϮϤϟTOUCH OUTΝήΨϟάϔϨϣϦϣϲΟέΎΨϟήΗϮϴΒϤϜϟΎΑUSBϞΒϛϞϴλϮΘΑϢϗ -˻
ϲΟέΎΨϟήΗϮϴΒϤϜϠϟϞΧΩΔϗΪϛϞδϜΑ˺˹˹ × ˺˻˹ΩΪΣˬΞΎΘϨϟϞπϓϰϠϋϝϮμΤϠϟΔψΣϼϣ
AUDIO IN
VGA
TOUCH2
ϲϠδϠδΘϟάϔϨϤϟϞΒϛ
RS232
ϲΑήϋ
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ΔϴϓήτϟUSBΓΰϬΟϞϴλϮΗ
HDMIΕϼϴλϮΗ
ϡΪΨΘγϻ˯ΪΑ
HDMI
USBίΎϬΟ ΝήΧάϔϨϣϭϪϴΟϮΗίΎϬΟ
ϯήΧϷΔϜΒθϟΓέΎη·
.USB INϞΧΪϟάϔϨϤΑUSBίΎϬΟϞΒϛϞϴλϮΘΑϢϗΔϴϓήτϟUSBΓΰϬΟ -˺
.LAN INϞΧΪϟάϔϨϤΑϪϴΟϮΘϟϞΒϛϞϴλϮΘΑϢϗΕΎϜΒθϟϭϡΩϮϤϟΕϼΒϛ -˻
.MICάϔϨϤΑϥϮϓϭήϜϴϤϟϞΒϛϞϴλϮΘΑϢϗϥϮϓϭήϜϴϤϟ -˼
ϲΑήϋ
USB USB USB
AC IN
USB USB USB
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ϲΑήϋ
USB USB USB
USB USB USB
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ϲΑήϋ
USB USB USB
USB USB USB
˺
˻
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IFP50-3 series_QSG_1b_ENG_20200210
ΔχϮϔΤϣϕϮϘΤϟϊϴϤΟˬViewSonicΔϛήθϟΔχϮϔΤϣ˻˹˺ϡΎόϟήθϨϟϭϊΒτϟϕϮϘΣ
ΔϴϟέΪϴϔϟΕϻΎμΗϻΔϨΠϟΪϋϮϗϦϣ˺˾˯ΰΠϟϊϣίΎϬΠϟάϫϖϓϮΘϳϖϓϮΘϟΕΎϣϮϠόϤϟFCCΔϴϟέΪϴϔϟΕϻΎμΗϻΔϨΠϟϥΎϴΑ
ˬϞ˴
ΒϘΘδϣϞΧΪΗϱίΎϬΠϟάϫϞΒϘΘδϳϥ˻ϭˬέΎοϞΧΪΗΙϭΪΣϲϓίΎϬΠϟάϫΐΒδΘϳϻ˺ϦϴϴϟΎΘϟϦϴσήθϟϰϟ·ϪϠϴϐθΗϊπΨϳϭ
ΔΑϮϏήϣήϴϏϞϴϐθΗωΎοϭϪϴϠϋΐΗήΘϳΪϗϱάϟϞΧΪΘϟϚϟΫϲϓΎϤΑ
&$1,&(6%10%%ΔϳΪϨϜϟΔϋΎϨμϠϟICES-003ϝΎΜΘϣϻέΎϴόϣ
ΔϴϨϴΗϼϟΎϜϳήϣΪϨϛΓΪΤΘϤϟΕΎϳϻϮϟViewSonicΔϛήη
ZZZYLHZVRQLFFRPVXSSRUWSURGXFWUHJLVWUDWLRQ
ΓΪΤΘϤϟΕΎϳϻϮϟ
˺˹˹˿˿˿
customerservice@viewsonic.com
ΪϨϛ
˺-˿˿-˽˿˼-˽˾
customerservice@viewsonic.com
ϦΟήϴϓέΰΟϭϮϜϳήΗέϮΑ
KWWSZZZYLHZVRQLFFRPODVRSRUWHVHUYLFLRWHFQLFR(VSDxRO
ΔϴϨϴΗϼϟΎϜϳήϣ
KWWSZZZYLHZVRQLFFRPODVRSRUWHVHUYLFLRWHFQLFROD
ϝΎΜΘϣϻϥΎϴΑ
ϲΑήϋ
ϱέΎϴΘΧϻϖΤϠϤϟ ViewSonicϢϋΩΰϛήϣ
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઼έࡅז
භࢷࡕ ৼࢇٴ(ࠇطԻ бչ ࢿ˓)
භչֻ৴
භ ؑչ 2 ʎ
භh^ৼࢇٴ
භ
භڃհ ݤ ɼࢇҖ
භZ^ϮϯϮ߭у
භԒ 5 ʎ
භ֩Ԃ ଐԦࢇઝ
භΟی
භ,D/ࠪ ѸЕ ݦ ৼࢇٴ
ࠏߪ
ࠇطԻ бչ ࢿ˓
1.5V
1.5V
ViewBoard IFP50 ݤչ
ۘࡈ ҡݛଐԦࢇ
ࡁߟ ۶ָ۰
Guía de inicio rápido
Guide rapide de début
Guia de inicio rapido
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ز࢝ચۉߣ(VESA)
ࢆ VESA ۉߣ (A x B) ૯࣮Μۉ(C x D) ܶԘ
/&WϱϱϱϬͲϱϱ ϰϬϬdžϮϬϬŵŵ DϴdžϮϱŵŵ 4
/&WϲϱϱϬͲϲϱ ϲϬϬdžϰϬϬŵŵ DϴdžϮϱŵŵ 4
/&WϳϱϱϬͲϳϱ ϴϬϬdžϰϬϬŵŵ DϴdžϮϱŵŵ 4
/&WϴϲϱϬͲϴϲ ϴϬϬdžϲϬϬŵŵ DϴdžϮϱŵŵ 4
ࠏߪ
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۳ୗʾ࣬ࡿ
ϭϬĐŵ
ϭϬĐŵ ϭϬĐŵ
ϯϬϭϲĐŵ
ࠏߪ
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ࢼߪળʋ࠾
ࠏߪ
86% 86% 86%
ଡֹ ۳ֵ
ࢠձԮִࢇձϼճТЬ
ҡݛଐԦࢇؒԂࢇઝփʠΟԮִࢇձϼճТЬ
ࢠձԮִࢇձʯϼճТЬ
ΰࢠ ଐԦࢇ߭ ࣯ ࢉࢇݛԻ Ѫ߅ɼ
ΰࢠ ଐԦࢇ߭ ࢇࢷ ԦخԻ Ѫ߅ɼ
М ֩Ѝ ٙԜࠝ
كժ ά
كժ ϩࢇ
ΰࢠѹ ଐԦࢇ߭ ΰٕWࡈh^૦ઝ
/Zչֻ৴ࡳԻ ݦձ ܹݦଢТЬ
1
2
3
4
5
6
7
8
I/O ૣચ
ࠦ܊ࢉ ݞՁࢉW
sWϭϱͲtWsWϭϲͲtWsWϭϳͲtW
,D/Ϯs'ࡈdŽƵĐŚϮ
,D/ϭ,D/ϮࡈdŽƵĐŚϭ
ࠦ܊ࢉtŝĮֻғ
>Ͳt/&/ͲϬϬϭ
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նָৱʋ࠾
ҡݛଐԦࢇձ ʠΟ Ԯִ
ϼճТЬ
ࡸܕʠࡸܕʠ ଥࢿ
ୃࢢ ԯ ܕݛࢂ ҡݛଐԦࢇ
ࢽؿ
ٺ ִ
ִ ࢽ
݀ ԯ ؟ટ
Wߕଐչৼࢇ܊ ɾ߾
ࢷଜԮִ ϼճТЬ
݀ ԯ ؟ટ
ୃࢢࢂWࡶ аݡТЬ
ܕݛ ۴ ؟ટ
֩Ѝձ ݤଜԮִ ϼճТЬ
ִ ৫ঈ
WdĂď؟ટ
ݞՁࢉW ִࡳԻ
ࢷଢТЬ
WĂĐŬƐƉĂĐĞ؟ટ
WtŝŶĚŽǁƐ؟ટ
WDĞŶƵ؟ટ
ࡢԻ ݛԾଜԮִ ϼճТЬ
߅ԎԻ ݛԾଜԮִ ϼճТЬ
ŶƚĞƌ؟ટࠦ܊ࡶ ۴ଜԮִ
ࢇ ؟ટࡶ ϼճТЬ
ޱ ܕઝ࡛߭ ݤ
о ۘձ ࣗՎଜЕ
Ի ɼ ؟ટ
ҋԻ
W^ƉĂĐĞ؟ટ
,нWࢇࢷ ࢇ
,ͲWЬࡸ ࢇ
كժ ϩࢇά
tŝŶĚŽǁƐ&ϭМ
tŝŶĚŽǁƐ&ϮМ
tŝŶĚŽǁƐ&ϯМ
tŝŶĚŽǁƐ&ϰМ
tŝŶĚŽǁƐ&ϱМ
tŝŶĚŽǁƐ&ϲМ
tŝŶĚŽǁƐ&ϳМ
tŝŶĚŽǁƐ&ϴМ
tŝŶĚŽǁƐ&ϵМ
tŝŶĚŽǁƐ&ϭϬМ
tŝŶĚŽǁƐ&ϭϭМ
tŝŶĚŽǁƐ&ϭϮМ
࠻ࡳԻ ݛԾଜԮִ ϼճТЬ
ࠝհࡳԻ ݛԾଜԮִ ϼճТЬ
ࠏߪ
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࠶ْ PC ࠆʹଙ
RS232 ࠆʹ
Z^ϮϯϮԱ ૦ઝ ৼࢇٴࡶ یࡈଜࠆ ҡݛଐԦࢇձ ࠹ٕ ৷ଈ߾ ࠉʼଜִ ࢷࡕ , كժ
࣏ࢸ ҟ ઞࢽ МࡶW߾۰ ࢿ߭ଟ ܹ ݡТЬ
1. ࠹ٕ W ࢂ ٸҡࠝࠪ یࡋҖձ ࢢۢଜԮִ ߅Ԏࢂ ࡶ Ҭծݫݤࠝ
˅ ࠹ٕ W Е Ӗଞ ,D/ ৼࢇٴࡶ ଥ۰Ѧ ҡݛଐԦࢇ߾ ࠉʼଟ ܹ ݡТЬ
• s'ৼࢇٴ(15ଖ) Ի ࠹ٕWࠪ ҡݛଐԦࢇࢂ s' ԯ ૦ઝձ ࠉʼଢТЬ
• ࠝҡࠝ ৼࢇٴԻ ࠹ٕ Wࢂ ࠝҡࠝ ষԯ ૦ઝࠪ ҡݛଐԦࢇࢂ ࠝҡࠝ ԯ ૦ઝձ
ࠉʼଢТЬ
2. h^ ৼࢇٴԻ ҡݛଐԦࢇࢂ ষԯ ૦ઝࠪ ࠹ٕ W ձ ࠉʼଢТЬ
˅ ফࢶࢂ ʼ˕ձ ߱ࡳԮִ ࠹ٕ ৷ଈࢂ ԯ ଥۘѦձ ϭϵϮϬdžϭϬϴϬƉԻ ۴ଜݫݤࠝ
ࠚҞࠚࢌԬ
VGA
TOUCH2
Ԯૣચ৹ࢄٱ
RS232
ࠏߪ
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USB ࣬س࢝ࠆʹଙ
HDMI ࠆʹ
ۉࡅݡଙ
HDMI
USB ࢝ٵ ӿࡆ
ωચࡐݣୋԬ
1. h^ ࣯ض ࢠh^ ࢠ ৼࢇٴࡶ h^ ԯ ૦ઝ߾ ݡТЬ
2. όઝࡓ ֻњ ৼࢇٴ Ԃࡉ ৼࢇٴࡶ >E ԯ ૦ઝ߾ ݡТЬ
3. ցࢇ: ցࢇ ৼࢇٴࡶ D/ ૦ઝ߾ ݡТЬ
ࠏߪ
USB USB USB
$&ԯ
USB USB USB
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ࠏߪ
USB USB USB
USB USB USB
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ࠏߪ
USB USB USB
USB USB USB
1
2
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/&WϱϬͲϯƐĞƌŝĞƐͺY^'ͺϭĂͺ<ZEͺϮϬϮϬϬϴϯϭ
ŽƉLJƌŝŐŚƚΞϮϬϭϵsŝĞǁ^ŽŶŝĐŽƌƉŽƌĂƟŽŶֻҘ ଞࢇ ؿࡪѻ
FCC ࢳଟۺ۱߬: ق ࢠЕ & ࢽ ࢿ 15 ٕձ ࣱܹଢТЬ. Ѱ߾Е Ьࡸ ѿ ɼ ࣏ʢࢇ
ࢶࡈѼТЬ;ϭͿ ࢇ ࢠЕ ࡪଥଞ ɾۺࡶ ࢊࡳ ߉ࡳֲ (2) ࢇ ࢠЕ ࡕ ߉Е Ѱࡶ ࢊࡳ
ܹ Е ɾۺࡶ ૦ଡଜࠆ ߭Ӂ ɾۺࡶ ؇шԂѦ ࢇձ ʺҥ ܹ ߭ߞ ଢТЬ
ৣΜЩیْ߳ ICES-003 ࢺ࣮ܶ: E/^Ͳϯ;ͿEDͲϯ;Ϳ
sŝĞǁ^ŽŶŝĐŽƌƉŽƌĂƟŽŶ;ײ˯/ৣΜЩ/ӿપ߂֦ն)
ǁǁǁǀŝĞǁƐŽŶŝĐĐŽŵƐƵƉƉŽƌƚƉƌŽĚƵĐƚͲƌĞŐŝƐƚƌĂƟŽŶ
ײ˯
ϭͲϴϬϬͲϲϴϴͲϲϲϴϴ
ĐƵƐƚŽŵĞƌƐĞƌǀŝĐĞΛǀŝĞǁƐŽŶŝĐĐŽŵ
ৣΜЩ
ϭͲϴϲϲͲϰϲϯͲϰϳϳϱ
ĐƵƐƚŽŵĞƌƐĞƌǀŝĐĞΛǀŝĞǁƐŽŶŝĐĐŽŵ
ինࠧ߂ࢇԍғ
ŚƩƉǁǁǁǀŝĞǁƐŽŶŝĐĐŽŵůĂƐŽƉŽƌƚĞƐĞƌǀŝĐŝŽͲƚĞĐŶŝĐŽ;ƐƉĂŹŽůͿ
ӿપ߂֦ն
ŚƩƉǁǁǁǀŝĞǁƐŽŶŝĐĐŽŵůĂƐŽƉŽƌƚĞƐĞƌǀŝĐŝŽͲƚĞĐŶŝĐŽͲůĂ
ࢳଟۺ۱߬
ࠏߪ
ٕܖ૽ط૽9LHZ6RQLFࡕ܁
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