Modos diferentes de pensar el desarrollo de América Latina

Texto completo

(1)012132567879 7327793 87273 881 1 2785 59 3 80 2178.

(2) 01234637894. !" # $ % "#& ' ( )*( +,)()+-#$ % . /!$ % "' !,$ "0 .-'(.111 2 .,$ 3 &-'/4 ., 21 .-'2 !,$ % "-')5(/! ( 2#$ &6 1/ ,)7-$ % . /! ,& -')50 " () 61+)1 &18*,()+)&2-' 21 9 ):191;1'1.

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`&%#"&['!`#$%!;']/;&$'(!'3/;%&3%/'!;%0!'!))/$4' .0/;%!0&$'.)!`#X)!$6'a!0/'$:!)!;'V0#"#)!W#&0':;'!Y!'#;%!0V0!%&%#"/b',1c0#3&' +&%#;&'3/1/'%!00#%/0#/'(!'&:$!;3#&$4'(!'/3:)%&1#!;%/$'/'(!'&)%!0#(&(!$' \:!'!`V0!$&;'V0/3!$/$'3/;%0/"!0$#&)!$4'&X#!0%/$6'd&1X#c;':;&'(#$V:%&' V/0'!)'$!;%#(/'(!)'(!$&00/))/4':;&$'"!3!$'&3%:&)#]&;(/'V0/V:!$%&$'\:!' $#W;#.#\:!;'&$3!;$/$'$/3#&)!$'3/1/')/$';!/(!$&00/))#$1/$4'/%0&$'(!$(!' #;%!;%/$'V/0'0!$#W;#.#3&0'!)'$!;%#(/'(!')&'):3Z&'&;%#3&V#%&)#$%&4'3/1/'!)' e/3#&)#$1/'(!)'e#W)/'ffg4'/%0&$'"!3!$'(!$(!':;&'3/$1/"#$#_;'&)%!0;&%#"&' &')&'3#"#)#]&3#_;'/33#(!;%&)4'3/1/'!)'h:!;'i#"#06' T;'3/;Y:;%/4'/.0!3!;':;&'#;%!0V0!%&3#_;'V/)U%#3&'(!)'V0/X)!1&'(!)' (!$&00/))/4'(&(&'V/0'!)'&)3&;3!'(!')/$'V0/2!3%/$'(!'V&U$'"#W!;%!$'&')/')&0W/' (!'$:'Z#$%/0#&4')&'./01&'3/1/'0!$/)"#!0/;')/$'3/;.)#3%/$4')/'&00#!$W&(/' (!')&$'&W!;(&$'V^X)#3&$4')/$'1/(/$'(!'0!V0/(:33#_;4'(!'0!W:)&3#_;'2'(!' 0!)&3#_;'"#W!;%!$'!;'3&(&'1/1!;%/4')&'#;%!W0&3#_;'$/3#&)'2'%!00#%/0#&)4' )&'"#;3:)&3#_;'3/;'!)'$#$%!1&'1:;(/6'+&'V0#;3#V&)'3/;%0#X:3#_;' )&%#;/&1!0#3&;&'&')&'%!/0U&'(!)'(!$&00/))/'!$%j'(&(&'!;'\:!'$!'!0#W!' (!$(!')&'V0j3%#3&'3/;30!%&'(!')/$'$:Y!%/$'$#%:&(/$4'(!')/$'&3%/0!$'$/3#&)!$' 2')/$'V:!X)/$'!;'$:$'):3Z&$'2'&$V#0&3#/;!$'$:$%&;%#"&$6'T)'(!$&00/))/' 3/1/'3&%!W/0U&'(!'V/)U%#3&'$#%:&(&'!`V0!$&':;&'1#0&(&'3!;%0&(&'!;')&$' V!0$/;&$'2')/$'V:!X)/$'!;'$:$'):W&0!$'(!'"#(&4'3/;'$:$'0!)&3#/;!$4'$:$' %!;$#/;!$4'$:$'&.!3%/$'2'$:$'30!&3#/;!$6'k;'V!;$&1#!;%/'$:0W#(/'(!')&' !`V!0#!;3#&4'\:!'0!3/;/3!'3/;(#3#/;&1#!;%/$'!`_W!;/$4'V!0/'\:!'!1!0W!' (!$(!')/'%!00#%/0#&)'(/;(!';&3!'$:'.:!0]&'&)%!0;&%#"&6 lBOBmCB@DAOBnHo'pqrstuqvwxvyxqz{{uttu|vpqr{zrx}szvwxtvyxqz{{uttu|v ~{utxzvwxvyxqz{{uttu|v~x{qxrszq|v {szvzrszv. JKKHCHLMDBI@DGKDJLJLDSBMJLDPQHCJABLDHnHOGNQHLM. dZ#$'V&V!0'/..!0$'&')//'.0/1'(!"!)/V1!;%'!V#$%!1/)/W24'#%Z'%Z!'V:0V/$!' /.'#(!;%#.2#;W'(#..!0!;%'&2$'%/'%Z#;'%Z!'0!W#/;&)'0!&)#%26'dZ!'3Z&))!;W!' 0!)#!$'/;'0!3/W;#]#;W'%Z!$!':;(!0$%&;(#;W'.#!)($'&X/:%'+&%#;',1!0#3&;' Z#$%/02'&;('0!&)#%2['&2$'/.'#;%!0V0!%&%#/;':V(&%!('#;';!'&;$!0$' %/'/)('\:!$%#/;$'#;'0!)&%#/;'%/'%Z!'+&%#;',1!0#3&;'V0/X)!1'&;('%Z&%' X0#;W'%/W!%Z!0'(#..!0!;%'%Z!/0#!$'&;('$%&;3!$4'.0/1'Z#3Z'#;#%#&%#"!$'&0!'. . 01!"2#3$4%5&6'(! 81)9'*+,-'01!./01& 6'2'-!11/ 30&63#3&64'5/ 6'784'9:;6 '8<=>.

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`XVabÛVWVXYZ[V\]^_]cd]Ve`bÛVWVXYZ[V\]^ fcYgXV[b^fVcaZVh]iWVab^jd]i\^k[Vcihd. . 0123456819. 016 1636.

(5) 123456792 1272747 !"#$%%"!"&# Z(8.*+*,4.08,([ *3*+\+*,4.08,3[ )3*+);/301.+ 6;8](+1,.62(+ ]30+8(6.0^3[ )(+3+]38./*.+ (_/+8(0+-;./^3+̀ ).*3-,30)(+.4+ .01.0),6,.0[ 1(+*(a/.+43+ ab*c;.)3+).+ ).*3//(44(*+ 341./031,d(*+ (+341./031,d3*+ 34+).*3//(44(e. '()(*+),-./.01.*+).+2.0*3/+.4+).*3//(44(+ ).+567/,83+931,03 :01/();88,<0 =627929257 >7624972524745577?2676 2292?76262@427A64792B?42592 C47 7647D754992294992592942262554425>745479 94555E?4522625>742679B77592B2564@ F6475E?475754567475>456@475227B2B79 79G26435H27 47525264379425772 =57492792294977546952927B57I9 7?2926922442622 67929257 JKC252 9244643729257 L 2F7M7NN4O&PH252 65Q6422R992 76792522567229S252672T4259252649 7A647=25742674@29257 22G747B47! 429476292754742554725737?2577?492 22BF7554725675797567949752B25?422567 67?7G94B4979=575>7549752575929257 7592 99927?256954B79799254?4497925A5 7 A9275274979259254B725S7H22554?2>725562! 67?2A57 A92576 2 5S7H22554?2332>7 A57 A9275347425 =527 72627292H229257 54B4475225267 72692774N775757575H2C477647>7 B799252 2U55447257927F525679522247 V777227F792257592>456475B2B7F7592 34977H2 75257552 42D2C477647 52222564@534B247>456@4777FN6769257B5 256795?6249525?25644N74@B2C477 673C59294555942262545767B@45W255424575 542479759762>642 >72N797>7252F 2N792574792262944265?27?E5H297929257 5 7627643576276437579257 7525256755E64 257?7727 425269294! 25425925479272749799225657F5252?7625 124?49X"!!2 679X#!Y!. 0.

(6) 848311514811461981469981!366536 sYOQ^[Ô ]ZOt]SOuÔ uVXTY^VQ]v STUVYÔU^QÔ TYU^Qwu]X^xO VXSVZV[^xO []y^SQ]xO TQw_S^xO wS^[_UX^ O[]O_YVO []ZtTVUTzYN. $%$&'()%*+,-,().)/$0/1+2,34*351+/$+,3*.6/)%$+2,34*-1%/*+,&1,7*8)140*+, -,*47$0)+(*+,0$%)*0$.1+,1,)0/140$%)*0$.1+,9$0,3):*/$&*,+*841,&);1< 410/1+,1.1(10/*+=, >$4$,$;4*0/$4,1.,&18$/1,+*841,.$+,0$44$/):$+,341&*()0$0/1+,$%14%$, &1,.*,.$/)0*$(14)%$0*2,1.,$4/6%5.*,34*3*01,50$,()4$&$,&1+&1,.$,13)+/1< (*.*76$,&1.,&1+$44*..*2,%*0,1.,*8?1/):*,&1,)&10/);)%$4,(*&*+,&);1410/1+, &1,310+$4,.$,41$.)&$&,417)*0$.=,@),+1,10/)10&1,.$,13)+/1(1,%*(*,1., %*0?50/*,&1,%*0*%)()10/*+,A51,%*0&)%)*0$0,.$+,;*4($+,&1,10/10&14,1, )0/14341/$4,1.,(50&*,10,&1/14()0$&$+,'3*%$+,-,.$+,;*4($+,%*(*,.*+, +5?1/*+,&1+$44*..$0,+5,310+$()10/*2,310+$4,10,/'4()0*+,&1,+5351+/*+, 13)+/1(*.B7)%*+,)(3.)%$,)0/144*7$40*+,$%14%$,&1,%B(*,.$+,/1*46$+,&1., &1+$44*..*,%41$0,-,;50&$(10/$0,+5+,%*0*%)()10/*+C,A5',%*0%13%)B0, &1.,9*(8412,&1,.$,+*%)1&$&,-,&1.,(50&*,/)1010=, D$,$%/5$.)&$&,417)*0$.,:51.:1,$,)0+/$.$4,1+$+,341750/$+2,41%5< 314$,:)1?*+,&18$/1+,A512,%*0,+5+,$&1%5$%)*01+,&1,'3*%$2,+1,341+10< /$0,051:$(10/1,10,1+%10$E,F('4)%$,D$/)0$,*,..1:$,.$,($4%$,&1,.$, )0%*(3.1/5&,*,+*3*4/$,.$,%$47$,&1,.$,/4$71&)$=,G0+/$.$,051:*+,1?1+, -$,A51,*/4$+,:*%1+,$0%1+/4$.1+,+1,41%41$02,(51+/4$0,.$,;514H$,&1,.*, */4*2,&1,.$,$./14)&$&2,&1,.$,&)70)&$&,&1,+10/)4+1,&);1410/1=,I.,&1+$;6*, 3$+$,3*4,41%*0*%14,1+*+,%$(3*+,&1,10/10&)()10/*+,+*841,.$,9)+/*4)$, -,.$,41$.)&$&,.$/)0*$(14)%$0$C,(*&*+,)0/14341/$/):*+,A51,$7.5/)0$0, &);1410/1+,/1*46$+,-,3*+/54$+2,&1+&1,.*+,A51,+1,34*-1%/$0,)0)%)$/):$+, -,*4)10/$0,$%%)*01+=,J*,+*0,.*+,K0)%*+2,3*4,.*,A51,.$,&1+%4)3%)B0,0*, 1+,/$L$/):$C,$&1(M+,341+10/$0,H*0$+,&1,%*0/$%/*2,;4*0/14$+,;.1L)8.1+2, 314*,+51.10,34):).17)$4,50,1?1,)0/14341/$/):*E,F('4)%$,D$/)0$,%*(*, /144)/*4)*,&1,$5+10%)$+2,&1,*%5./$()10/*+,*,&1,$./14)&$&1+= "NOPQRSTUVOWVXTYVOVXSVZV[VNO\]SSTX^STÔ[]OV_Z]YUTVZ `0,(*&*,1+,:14,.*,.$/)0*$(14)%$0*,%*(*,)0%*(3.1/*2,$/4$+$&*2, &1;*4(12,)(354*2,34*&5%/*,&1,50$,&1+:)$%)B0=,`0$,F('4)%$,D$/)0$, )0($&54$2,abcdefgcfehicdjkeiC,+5+,+*%)1&$&1+,+*0,/4$&)%)*0$.1+2,+5+, I+/$&*+,341&$/*4)*+2,+5+,1%*0*(6$+,+58&1+$44*..$&$+2,+5,(*&140)&$&, 314);'4)%$2,+5+,%5./54$+,9684)&$+2,+5+,&1(*%4$%)$+,&1,8$?$,)0/10+)&$&2, +5+,)0+/)/5%)*01+,1L/4$%/):$+=,>$6+1+,$.1?$&*+,&1,l18142,.$,4$%)*0$< .)H$%)B0,&1.,I+/$&*,-,1.,%*0?50/*,&1,.$,+*%)1&$&=,F.1?$&*+,&1,m$4L, -,&1,.$+,+*%)1&$&1+,1+/45%/54$&$+,10,%.$+1+,06/)&$(10/1,&1;)0)&$+=, n$(8)'0,.1?*+,&1,o*54&)152,01%1+)/$&*+,&1,%$3)/$.,+*%)$.C,&)+/$0/1+, &1,50$,4$%)*0$.)&$&,*%%)&10/$.,A51,*314$,%*(*,(*&1.*2,p%$410/1+,&1, q%%)&10/1r=,@)0,1(8$47*2,+1,/4$/$,&1,&1;1%/*+,%*4417)8.1+,%*0,1.,/)1(3*, -,$,/4$:'+,&1,8510$+,34M%/)%$+2,3*4,.*,A51,10,1+/1,%$()0*,+51.1,9$814,. "#. 0123456819. 016 1636.

(7) !"#$%&#'()$*. +,-,+,./0123,45,+.12637899:7;9:;<=8<>8?;3@A.@,3B0+1+2,3C1+13.A51+3DA3 EF,32,3CA@+G132,+3A3,D3CF.5A3@A.@,32,+G13CA20HD,3DD,I1+J32A/0,@1@,23 /0K0D0L1@1263C1G2,23@,21++ADD1@A263,/A.ABG123C+M2C,+12630.2505F/0A.,23 0./DF20K1263/0F@[email protected],.12N3 O.3,25,30B1I0.1+0A3/0K0D0L15A+0A63,D3@,21++ADDA32,3/A.K0,+5,3,.3D13 /15,IA+G132A/01D3EF,3B,PA+320.5,50L1312C0+1/0A.,23@,3/1BH0A3Q3@,3C+AR I+,2A63CA+EF,30BCD0/1321D0+3@,D315+12A63BA@,+.0L1+2,631@AC51+3/S.A.,23 F.0K,+21D,2631H+0+2,31D3BF.@A63/ABC1+50+320B0D1+,23,250DA23@,3K0@163 C1F5123@,3A+I1.0L1/0M.3Q3/ABCA+51B0,.5A63C15+A.,23@,3H0,.,251+N3 TA+3,2A63D13BA@,+.0L1/0M.3@,3D1232A/0,@1@,23D150.A1B,+0/1.1263/ABA3 C+,A/FC1/0M.35,M+0/13Q3C+S/50/13/,.5+1DU630@,.50-0/13AH25S/FDA23C1+13 5+1.2051+3,D3/1B0.A3@,3DA35+1@0/0A.1D313DA3BA@,+.A63EF,31QF@,.313 +ABC,+3/A.31EF,DD123151@F+1232A/0AR5,++05A+01D,231./D1@123,.3/FD5F+123 1+/10/1263,.3C+A@F//0A.,23C+0B1+01263,.30.2505F/0A.,23CA+A212N3V03D123 +,KADF/0A.,23HF+IF,21232,/FD1+0L1+A.3,D3A+0I,.3@,D3CA@,+63,D0B0.1R +A.3A3.,F5+1D0L1+A.3CA@,+,235+1@0/0A.1D,2630BCFD21+A.3D13C+AI+,20K13 F.0K,+21D0L1/0M.3@,D3@,+,/WA31D32F-+1I0A3XY0D1263Z[U\J3UU\]63,25A3W1Q3 EF,30.251D1+DA3,.3D13+,I0M.N3 ^1235,A+G123/A.K,./0A.1D,23@,D3@,21++ADDA32A25,.G1.3EF,3DA23C1G2,23 D150.A1B,+0/1.A23Q3/1+0H,_A2631D3.A3W1H,+3C1+50/0C1@A3@,3D13̀,KADF/0M.3 a.@F25+01D63EF,@1+A.3+,L1I1@A2N3TA+3,DDA63@,HG1.3/,++1+3D13H+,/W13 EF,3DA23@0-,+,./013,.3DA3,/A.MB0/A63DA3CADG50/A3Q3DA32A/01D3@,3DA23C1G2,23 0.@F25+01D0L1@A2631CD0/1.@A3/0,+5123B,@0@123C1+131D/1.L1+3,D3B02BA3 I+1@A3@,3@,21++ADDA3Q3,D3H0,.,251+32A/01D3@,32F23CAHD1/0A.,2N3V0.3,BR H1+IA63K1+01.5,23/+G50/123@,D3C,.21B0,.5A3+,I0A.1D3@,BA25+1+A.3EF,3 ,D3@,.AB0.1@A32FH@,21++ADDA3,+13C+A@F/5A3@,[email protected],+.1/0A.1D3 @,D35+1H1PA3@A.@,3F.A23C1G2,23C+A@F/,.3B15,+0123C+0B123Q3B1.A3@,3 AH+13H1+1513EF,3W1/,3CA20HD,3EF,3DA23C1G2,23/,.5+1D,23C+A@FL/1.3H0,R .,23/A.3B1QA+,23K1DA+,23@,3/1BH0A3XT+,H02W63Ubcbd3eF+51@A63UbfZ]N3 [email protected]+I13Q3+0/13+,-D,40M.3+,I0A.1D31/,+/13@,3D123 +1LA.,23W025M+0/123EF,3,4CD0/1.3,D3@,2,BC,_A3@,3D123,/A.ABG1263D123 2A/0,@1@,[email protected],+0/1.A2N g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

(8) 848311514811461981469981!366536 ijklmnopomplm qrklstslkuv wqxrmyozmjlm uwk{u|q}umlrm tsot{ljkujmplm pljusso||ojm u|klsrukq~ojm u|mrlo|qlsuv |qjnom|ouv |q}urklmworm llnt|ojmlrm |ojmtuwkojmplm sljtorjuqv |qpupmjowqov unqlrku|m lj{lnujmplm wontlkqkq~qv pupmjqjknqwum tsot{ljkujmplm wutqku|qjnojm wormsojksom y{nuro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`]YZab :+2%,2.;*,)%,./2%&;&%2('.*/%+,3(,'*/2&.J5.)*,9,'*/2&.J59%,(,+%c(1(&, 7(11(+,%/,1(,&%4.</E,%'*/*$=(+,;*'*,).8%&+.7.'()(+,9,%>2&('2.8.+2(+0, d%+'-/)(1*+,N2.'*+e,9,'*&&5;'.</0,)%+%M5.1.J&.*+,+*'.(1%+,9,2%&&.2*&.(6 1%+0,7(12(,)%,./7&(%+2&5'25&(0,./+2.25'.*/%+,'**;2()(+,*,%>2&('2.8(+0, :+2()*+,d(;(&%/2%+e0,;&*J1%$(+,)%,4*J%&/(J.1.)()0,%2'I,f($J.N/, 3(,'*/2&.J5.)*,(,.$;51+(&,;&*'%+*+,)%,.//*8('.</,+*'.(10,%)5'(2.8(0, +(/.2(&.(0,2%'/*1<4.'(0,($J.%/2(10,./+2.25'.*/(10,;&%+5;5%+2(&.(,9, &%+;*/+(J.1.)(),+*'.(1g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hhQ,%+,. "#. 0123456819. 016 1636.

(9) !"#$%&'$()*%+. ,-./01234526751738-639673:;/873<213<2.755-11-3=38-6396387,/;71/.>-3>?.3 @9>76-A3B24/26<263173>91;/</>26./-671/<7<3=3>91;/2.87175/<7<3<213 <2.755-11-C3,-532.-36-31-352.;5/6D26373478;-52.328-6E>/8-.3=34->26;763 78925<-.3<23/6;2D578/E6352D/-671C34-5;7128/>/26;-3<23F.;7<-.3678/-G 6712.3=3<2.755-11-3;255/;-5/713713/6;25/-53<231-.3,7H.2.A I-6;5/09=26373J/./0/1/K753>2876/.>-.389,91752.3L92352,5-<9G 82632137;57.-MN3JH6891-.326;523-1/D75L9H7.3=3</8;7<957.3O>/1/;752.3 =38/J/12.P3263>[email protected],7H.2.C3-3,78;-.38-6.25J7<-52.326;5234925K7.3 ,-1H;/87.3678/-6712.QA3B26968/763213RSTUVWXYZ[Y\]UV^Y3L923<20/1/;73173 /6.;/;98/-671/<7<C3=73L9231734-5;712K73/6.;/;98/-6713.92123.253J/.;73 8->-3173117J23,75738-6.-1/<753173<2>-8578/73=3213<2.755-11-A3_7>0/:63 8-6;5/09=263737<J25;/531-.3,5-82.-.3<23-1/D75L9/K78/E63<2317.3:1/;2.3 ,-1H;/87.32>25D26;2.C371D-3<231-3L9236-32.;?632`26;7.317.34925K7.3 ,-1H;/87.3<2>-85?;/87.3=3<23</.895./J/<7<3>?.357</8713=326826</<7A F63D262571C36-3</.89;263213@-5/K-6;2387,/;71/.;7C3./6-3173@-a73<23 59;7C31734-5>73<23;576./;75321387>0/-A3b-532.-C3,5-,-626352<24/6/53,-G 052K7C37317319K3<213417D21-38-6.;76;23<23@7>05967.C3<2.,17K7>/26;-.3 =3>75D/678/-62.3.-8/712.A3_7>0/:63,5-,-626352<24/6/535/L92K7373173 19K3<23-0.8267.3>76/42.;78/-62.3<23789>9178/E6C3826;571/K78/E63=3 8-6826;578/E6A3c73817J232.3173,5-D52./J7396/J25.71/K78/E63<23<[email protected] defghijkliefgmlnfjonlfglhjfmlkopqrjsef F6317307.23<231738-682,8/E63>-<25673<213<2.755-11-32.;7073173/<273<23 ,5-D52.-C3/6;25,52;7<-38->-3963,5-82.-31/62713263213;/2>,-C3<237J76G 8238-6.;76;23@78/73963@-5/K-6;23<23>-<256/K78/E63=3.7;/.4788/E63<23 6282./<7<2.38528/26;2.C3496<7<-326317387,78/<7<3<231-.378;-52.A3F11-3 6-3/>,1/8739673128;9573/6D2697352.,28;-3731736-3,52.268/73<23</4/891G ;7<2.32632.23;576./;75C3./6-3L92317387,78/<7<3578/-6713<231-.3.9a2;-.3 -452823173,-./0/1/<7<3<23268-6;575352.,92.;7.3L923,25>/;763<255/0753 1-.3-0.;?891-.3L923.23J763,52.26;76<-326317.3.-8/2<7<2.A3t/32.;23,5/6G 8/,/-32573782,;7<-3=37J717<-38->-396731ED/87396/J25.71C3173892.;/E63 <213<2.755-11-3,7.707373963,176-3;:86/8-C38->-39637.96;-3,5-,/-3<23 ,5-42./-6712.387,782.3<23/53>-6/;-5276<-3=3D2.;/-676<-317.3J75/7012.3 28-6E>/87.3<213,5-82.-3=3,5-,/-3;7>0/:63<239./67.3<238-6-8/>/26;-3 L9232170-57635282;7.3,757352,1/8753>-<21-.3263</42526;2.3D2-D574H7.A3 B232.;23>-<-C39673J25./E631/>/;7<73=3.2.D7<73<213,5-82.-3<23<2.7G 55-11-34923-89,76<-321319D753<235217;-3,52<->/676;2C3<-6<23.237.9>H73 L9232138->,-5;7>/26;-328-6E>/8-3<231-.378;-52.3,-<H73.2537671/K7<-3 ,52.8/6</26<-3<2138-6;2`;-3@/.;E5/8-C3.-8/71C3891;9571323/6.;/;98/-6713 <-6<232.;-.3.23<2.26J921J26A3c7328-6->H73.2325/DH738->-31732.;598;9573. . 0123456819. 016 1636.

(10) 848311514811461981469981!366536 MNOPQRSQ TUVWOXSQ OYZQTU[\SUZQ ]SYR[^YQST[R_ ]S\V`â[XZQSYQ `ZQXVYXSTX[^YQ WS`QWSRZUUV``VbQ `VQSXVY^\[XVcQ `VQRVX[Z`cQ̀VQ [YR][]OX[VYZ`cQ `VQXO`]OUZ`cQ̀VQ Z\d[SY]Z`QeQ `VQROdfS][gVQ TZRZYQZQRSUQ W[\SYR[VYSRQ ShT`[XZ][gZRQeQ SY]US`ZiZWZRj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

(11) !"#$%&'$()*%+ |pkwg}knqg mni~wgtvgvq pvqtlilvqpwg tvgsngxlprnmlqg snplqwniv klmnqngvxpg ~kvwmr~ntwg ~wkgtvvsnkg mnknxgwmrspnxg tvgxrglxpwklng gxrg~kvxvqpvg gngmrvxplw qntwglxpkl mnivqpvgsnxg nxvxgv~lxpv iws}lmnxgtvg sngpvwkngtvsg tvxnkkwsswgnsg ~wqvkgvsgwmwg vqgsnxgkvsnmlw qvxgtvg~wtvkg li~vknqpvxf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`;>=<;>?D@FB>KB>8D=>=<IGBKDKB=>M> =:=>I<;NG9:@DIG<;B=Q>a<I<>=B>KGIB>KB>8D>K<CG;DIGJ;_B\?8<FDIGJ;>M>8D> ^BFB@<9B;BGKDK>?@<?GD>KB8>?D=DK<>M>B8>?@B=B;FB>8DFG;<DCB@GID;<b> ?<I<>=B>KGIB>@B=?BIF<>D>E:B>8D=>KB=G9:D8KDKB=><ABKBIB;>D>G;c:=FGIGD=> ^G=FJ@GID=>M>;<>D>KB=FG;<=>G;D?B8DA8B=Q>a<@>B=<O>:;D>=B9:;KD>FB;=GJ;> B?G=FBC<8J9GID>@B=:8FD>;BIB=D@GD>?D@D>I<C?8BCB;FD@>M>DC?8GD@>;:B=P F@<=>^<@GL<;FB=>KB>B;FB;KGCGB;F<>M>@BI:?B@D@>B8>HD8<@>KB>F<KD>:;D> F@DKGIGJ;>KB>?B;=DCGB;F<>I@SFGI<>M>KB>N@<;FB@D=>TdG9;<8<O>VWXWZO>E:B> <N@BIB><F@D>CD;B@D>KB>B;N<ID@>B8>FBCD>KB8>KB=D@@<88<O>E:B>B\?8GIGFD> I<C?<;B;FB=>K@DCRFGI<=>B;>8<=>?@<IB=<=>^G=FJ@GI<=>8DFG;<DCB@GID;<=> M>?@<?<;B>=<8:IG<;B=>CR=>@DKGID8B=Q efghijklmngonplqngirplsntnfguvkklpwklwgtvg wmrspnilvqpwx yF@<>9@D;>IDC?<>KB>B;FB;KGCGB;F<>KB>8D>=GF:DIGJ;>8DFG;<DCB@GID;D> B=FR>?@B<I:?DK<>?<@>KBHB8D@>ID@D=><I:8FD=>KB>=:>^G=F<@GD>M>=:>?@BP =B;FBQ>];>?B;=DCGB;F<>8DFG;<DCB@GID;<>KB>?B@NG8>I@SFGI<O>I<C?@<CBP FGK<>I<;>8<=>?@<IB=<=>;DIG<;D8B=>M>?<?:8D@B=>M>I<;>8D=>B\?B@GB;IGD=> BCD;IG?DF<@GD=>KB>8D>@B9GJ;O>E:B>^D>I:B=FG<;DK<>^G=FJ@GIDCB;FB>8D=> AD=B=>B?G=FBC<8J9GID=>KB>8D>FB<@SD>KB8>KB=D@@<88<>D8>?<;B@>B8>N<I<>B;> 8D=>@B8DIG<;B=>KB>?<KB@>GC?B@D;FB=Q>z:>G;FB@?@BFDIGJ;>B=>E:B>8<=> <A=FRI:8<=>E:B>B;N@B;FD;>8D=>=<IGBKDKB=>8DFG;<DCB@GID;D=>=<;>KB> S;K<8B>?<8SFGID>M>?D@D>B88<>^D;>N<@C:8DK<>KGNB@B;FB=>;<IG<;B=>E:B> I<;F@GA:MB;>D>B;FB;KB@>8<=>?@<A8BCD=>KB>;:B=F@D=>=<IGBKDKB=Q>{D;F<>B8>. . 0123456819. 016 1636.

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àbc`badef_ghijkaflmafch \%&*/).'',$4&$/7$/0$4%*-,$4&./$4&,$47$/*+/)*0,&*+,%-./).-./(4/ %,%&$-*/-(47,*+/7$/,4&$')*-8,./7$%,5(*+3/7,1$'$4),*7./$4/W)$4&'.Y/ 9/W0$',1$',*YH/\+/%(87$%*''.++./4./$%/(4/-.-$4&./4,/(4*/$&*0*/$4/+*/ $>.+(),;4/7$/(4*/%.),$7*7/*,%+*7*/9/*(&;4.-*3/%,4./0*'&$/7$+/0'.)$%./ <,%&;',)./9/5+.8*+/7$/7$%*''.++./7$+/)*0,&*+,%-./@n(4o$+/9/P*?3/LRpSFH/ M*/0.+*',7*7/%.),$7*7/&'*7,),.4*+/:/%.),$7*7/-.7$'4*/$%/7$/0.)./>*+.'/ ).-./).4)$0&./1(47*-$4&*+/7$/*4N+,%,%3/9*/=($/$+/7$%*''.++./7$/(4*/ (4,7*7/4*),.4*+/./'$5,.4*+/%.+./0($7$/%$'/$4&$47,7*/$4/'$+*),;4/).4/ %(/,4%$'),;4/<,%&;',)*/$4/$+/%,%&$-*/$).4;-,)./9/0.+6&,)./-(47,*+3/ $-$'5$4&$/7$%7$/+*/).+.4,?*),;4/$('.0$*H/. "#. 0123456819. 016 1636.

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àZbc`da^_Zàêfg`ghe^] S8.05.<-291.40.5-.20P-512:R-9:@8.40.5-.9-7-9:4-4.40.-99:@8.40.51?. -9=120?.91<1.050<08=1.0i75:9-=:P1.405.71=089:-5.40.40?-221551.40.A8-. ?19:04-4I.?0.GA0.918G:;A2-841.A8.-<75:1.0?709=21.40.708?-<:08=1. CA0I.?:.>:08.81.40?918190.05.70?1.40.51?.9184:9:18-8=0?.0?=2A9=A2-50?. 08.5-?.?19:04-40?.5-=:81-<02:9-8-?I.08G-=:R-.05.71402.=2-8?G12<-412. 40.51?.7A0>51?.E.?A?.534020?M.6093-.j08040==:.Dklmln.koF.CA0.Upqrstr uvswvxtrypryz{|qtu|}q~rpsrttxpqwprxzwtzq|wtrprpsr|qy||yvz~rpxzr pqustvwxtyzrpqrvrxvwxqptrzspytyrqrstruvswvxtryprs|pxtu|}q~r psrz{xprp~rzxrvvpwz~r|vxtrppqu|ts~rpxzruz{zr|qwpxtqwprypr pprxtqrxzwtzq|wtrvprprpsrvpszWM. 8.40?702=-2.40.5-?.9189:089:-?.CA0.?0.4-.08.05.8:P05.40.5-?.?08V ?:>:5:4-40?I.05.20?9-=0.40.5-.<:5:=-89:-.E.05.91<721<:?1.7153=:91I.5-. >?CA04-.40.5-.-A=08=:9:4-4I.E.CA0.08=:0840.5-.8090?:4-4.40.<:2-2. 81.?151.51?.-?709=1?.0918@<:91?.40.9-4-.?19:04-4I.?:81.=-<>:Q8.51?. -?709=1?.?19:-50?I.9A5=A2-50?.0.B:?=@2:91?.D60PQ?.-54Q?I.JKKLn.kLmFM. 12.0?1I.05.40?-221551.81.0?.7-2-.5-?.702?18-?I.?:81.40?40.5-?.702?1V 8-?I.40?40.?A?.-99:180?I.40?40.?A?.:5A?:180?I.40?40.?A?.920-9:180?.E.. . 0123456819. 016 1636.

(14) 848311514811461981469981!366536 jklmnopqrsnot uvlwnxvkvosqkl myvzvxql{oql |yqxu{yql nmspunrvk}t ~sxqlxvolkqpl xvoxnmxsvonpl wvrsoqounpl qklsouyvw{xsyl kqlovxs}olwnl xvkvosqkswqwl xvrvlkqlxqyql vx{kuqlwnlkql rvwnyoswqwl qysnowvl{ol qrmksvlxqrmvl wnlwspm{uqlxvol kvplrvwvplwnl xvovxsrsnouvl vxxswnouqk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`4(?*$.3+abbbc+ H*$/%,3+abbbc+d*'),.CR68%:+@+R,.'1.54%03+abbec+f(5$.0.3+abIbO;+ B8Q,(&*+H*)($*+/%?*+/%+,%7,%'%$)*,+4$+&*87.+'4'&%7)(-0%+/%+'%,+ *$*0(:*/.+'.0*8%$)%+/%'/%+0*+&(%$&(*+.&&(/%$)*03+7*,*+7*'*,+*+'%,+ )*8-(Q$+4$*+0.&*0(:*&(6$+/%0+*$F0('('+%$+'2+8('8.3+%'+/%&(,+4$+F8-(C ).+&*7*:+/%+5%$%,*,+&.$.&(8(%$).+7,.7(.+%$+'4'+/(9%,'*'+,%*0(/*/%'+ 0.&*0%'+Gf(5$.0.3+abIbO; H*+8./%,$(/*/+%'+4$+7%$'*8(%$).+%4,.&%$),*/.3+%0*-.,*/.+*&%,&*+ /%+0*'+,%0*&(.$%'+%$),%+E4,.7*+@+$.CE4,.7*;+B$2-*0+`4(?*$.+GabbbM+ IaO+'%g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h%7,%'%$)*+4$.+/%+0.'+%0%8%$).'+&.$')()4)(9.'+@+%'7%&21(&.'+/%0+ 7*),6$+84$/(*0+/%+7./%,+&*7()*0(')*;+i%+14$/*+%$+0*+(87.'(&(6$+/%+. "#. 0123456819. 016 1636.

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email protected].?;-9;/0=1=-3.1329.C/B./S,;/:;2:;/;1/23@1=/_`/;1/. . 0123456819. 016 1636.

(16) 848311514811461981469981!366536 abcdefghihjkidj $%&'(%)'*+,-.,-/*-&/.*%0)/-*'.-/)-$,),.'%)'*+,-1-2'$/2/3*%4-&/3,-.,-*/ilmcefniofghcdj $,.56.7/.8-9,),.'%)'*+,-$,+,-'.(/3$%+0',*-7/*':6%)/*-;6/-/*(%0)/$/.plcdiqqgkkgj rbsihgtj ,+,-$,.7'$'<.-6.%-&3'2%$'<.-7/-)%-=6+%.'7%7-/.-*6-&%3(/-+>*-7?0')8dbdecheiukcvj $ wbcjfhecheih @)-$%&'(%)'*+,-.,-&6/7/-/A$)6'3-1-7/*$%3(%3-%-(,7%*-)%*-&,0)%$',./*4gxqcocqjqchgy &/3,-.,-&6/7/-/A'*('3-*'.-&,0)%$',./*-/A$)6'7%*8nilidjikecqy hiefnidjlcj lcdiqqgkkgjdfhj BCDEFGHIJGCDKL obcdefghiqj @*(%*-(/,3M%*-('/./.-/)-2%),3-7/-'.(3,76$'3-7/*7/-/)-&3'.$'&',-)%kgdjzfkiqcdj cdeqboebqihecdj $6/*('<.-7/)-&,7/3N-&/.*%3-;6/-6.%-(,(%)'7%7-='*(<3'$,O*,$'%)4-$,+,lcjkijdgofclilj /)-*'*(/+%-+6.7,-$%&'(%)'*(%4-/*-6.-$%+&,-7/-3/)%$',./*-*,$'%)/*-/*O oizfeikfdei{j |gqjgeqgjkilgtj (36$(63%7,-&,3-)%-%3('$6)%$'<.-=/(/3,:?./%-1-7'*$,.('.6%-7/-7'2/3*,*qcobzcqihjckj lcuiecjdguqcj >+0'(,*-7/-/A'*(/.$'%-*,$'%)4-;6/-7/2'/./.-$,.5)'$('2,*8-P/-/*(/-+,7,4kidjzgk}efoidj %)-'.(3,76$'3-/)-$,.$/&(,-$)%2/-7/-+%(3'Q-$,),.'%)-7/-&,7/34-5,3+6)%riofijkgdj ecqqfegqfgd{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```T7/)-*'*(/+%-+6.7,8-. "#. 0123456819. 016 1636.

(17) !"#$%&'$()*%+. ,-./0123203/045./676/.894:50;2<0-/06/=>/?80/507627@/-.8-03/08>./6A 58.4B8-08>03/-8662>>209874.8>4-.803/-;@1854C85./0<0D423/76/38326E0 7260/>>2F08>41/5.85072>G.498-0/1859478.2648-F0925.64D@</5080417@>-860 7629/-2-03/06/B2>@94:5F0.685-=261894:5F0/H76274894:5F012B4>4C894:50 -2948>F085.49874.8>4-12-F0<034-9@./50;264C25./-0I>2D8>/-F0762725/50 ,-.832-045./I68>/-F078.648-0I6853/-F072>G.498-03/034B/6-4383F06/=2618-0 8I68648-J0,H76/-850@580764189G803/0.472072>G.4980/50>2-07629/-2-03/0 3/-8662>>20<0925.64D@</5080B4-4D4>4C860>80341/5-4:50;/I/1:549803/0>80 72>G.49803/03/-8662>>2092120/?/69494203/>0723/60<0346/994:509@>.@68>0<0 1268>03/0>8-018<26G8-05894258>/-J KLMLNOPQRSTU V50762D>/1803/0>8-058668.4B8-03/029@>.814/5.20/-0W@/0.4/53/5080 -2-7/9;8603/020346/9.81/5./045B8>43860/H76/-425/-03/0123/654C894:50 20762I6/-2J0X@/>/503/-896/34.860981D42-0786948>/-0-40520/H76/-850 981D42-0.2.8>/-J0,H725/507260121/5.2-0/-80;4-.:6498034=49@>.830 3/094/6.8-0B85I@86348-072>G.498-0/045./>/9.@8>/-078680>2I686092178A .4D4>4C860/-W@/18-03/0/5@594894:506/B2>@94258648092507629/-2-03/0 89@1@>894:503/0723/60/=/9.4B2J0 ,50>8076Y9.498F0/-.8-0146838-0/H725/50A8>0.4/1720W@/0783/9/5A0>2-0 8>9859/-0<0>2-0>G14./-03/0/H7/64/5948-05894258>/-0<0727@>86/-0/50/>0 -4I>20ZZ[F0W@/0>@9;85072601234=49860>8086.49@>894:506/5.4-.80/5.6/0 ,-.8320<0-294/3830<0981D4860>2-03/94-26/-0\<80520789.2-02>4IY6W@492-F0 -4520=@/6C8-0727@>86/-]F0>2-0D/5/=4948642-0\<805209>8-/-02942-8-F0-4520 9>8-/-0>8D2642-8-]0<0>2-02D?/.4B2-0\<80520=>/H4D4>4C894:50<03/6681/F0-4520 459>@-4:50-2948>]03/0>8-072>G.498-03/03/-8662>>2E07/620W@/0520>2I6850 .685-=261860>8-018.649/[email protected]>2I6850=6/5860>:I498-03/0 /B8-4:5F045=2618>43830>8D268>0<0=@I8-03/034B4-8-F0540>2I68506/B/6.460 6/-.6499425/-0/H./658-0W@/0925-.64^/50>2-0981D42-J0_266/50/>064/-I20 3/08D25860/H7/9.8.4B8-0/H9/-4B8-0/50/>096/9414/5.20/925:1492092120 123203/0-2-./5/6072>[email protected]>8<8532076/29@789425/-0 81D4/5.8>/-F0>414.85320/>08>9859/03/08>./[email protected]<0-2A 948>/-F0<0=21/5.8532F078683:?4981/5./F05@/B8-0345Y1498-09259/5.68A 3268-03/076274/383F064W@/C80<0/H9/3/5./-J0̀3/1Y-F076/29@7832-07260 764264C860981D42-0/50>8-0/-.6@9.@68-0<0>2-0762.8I254-12-0-2948>/-F07260 121/5.2-0986/9/503/0a5=8-4-0/92>:I4920/50-@-07629/-2-03/03/-8662>>2F0 8@5W@/0/-.20/-08>I20W@/0;8<0W@/0858>4C86>20/50/H7/64/5948-092596/.8-J b8-.808W@GF032-0981452-034=/6/5./-c0-40/-.Y08@-/5./0;8<0W@/0925A -/I@46>2F08327.86>2F0927486>2F09217686>2F045B/5.86>2F02D./5/60>20W@/0 52-0=8>.8J0X40/-.Y029@>.20;8<0W@/06/B/>86>2F03/5@59486>[email protected]>2F0. . 0123456819. 016 1636.

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¡CEAC<KL< ()*()5/7$#$-%/(6),&$)0(34/T-)$.0U)'#$.$-0$)$-)*+.)$-7+,&$.)5$%+*+-/(9 IK@KBH<C<LC< IA¡K@KFBAC<¢K< *$.1)V$#+)*+),&$)(,&W)/-0$#$.()#$3(#%(#)$.).&)%#W0/%()%/X/*/Q(0+#/(6).&) EC> A?F<KME£< %#W0/%()(*)4/$-$.0(#)%('/0(*/.0()+%%/5$-0(*)8)*()'+./4/*/5(5)5$)'$-.(#)8) @KMKFEK<KF<LHM< KF¡H¢KM<IKBH .$-0/#)5$.5$)+0#()%+.3+X/./O-1)Y&$.0/+-(-)*(.).$'(#(%/+-$.)Z.&[$0+9 LHFACLKM;<¤K@H< +4[$0+\)8)*+.)3+5+.)5$)%+-+%/3/$-0+)+%%/5$-0(*$.1)V(#0$-)5$*)#$.%(0$) @K>C@BC<FC< B@¥EABC<BA¦ALA 5$)%&*0&#(.)(-%$.0#(*$.6)5$7/$-5$-)*()#$'#+5&%%/O-)(3'*/(5()5$)*() CEH@AC<< LC<HMAALAICI X/5(6)-+)5$*)%('/0(*6)8)&-)3+5+)5$)$.0(#)$-)*()X/5(6)3U.),&$)&-)3+5+) <IK<KFMC@< 5$).$#6).$R]-)#$7*$S/+-(4()^&.%P)Z_à_\1 <MKFEA@<IKMIK <HE@C<BHM>H bcdefghdijkjl ¦AMAF;. 2'+8(5+)$-)*()%+.3+X/./O-)5$)*+.)'&$4*+.)/-5WR$-(.6)5+-5$)%+-X/X$-) +0#(.)$.'/#/0&(*/5(5$.)8).$-./4/*/5(5$.6)$*)m&$-)n/X/#)'+*$3/Q()%+-) *(.)/5$(.)+%%/5$-0(*$.)5$)4/$-$.0(#)8)$*)(-0#+'+%$-0#/.3+1)o3'*/%()&-) %&$.0/+-(3/$-0+).&.0(-%/(*)()*(.)/-/%/(0/X(.)5$)5$.(##+**+6)$-)$.'$%/(*) .&)('$R+)(*)%#$%/3/$-0+)$%+-O3/%+)8).&)/-%('(%/5(5)'(#()#$.+*X$#)*+.) '#+4*$3(.)5$)*()'+4#$Q(6)./-)+*X/5(#),&$).&.)'#U%0/%(.)5$.$34+%(-)$-) .$X$#+.)/3'(%0+.).+%/(*$.)8)(34/$-0(*$.)Zp&58-(.)8)2%+.0(6)_àaq)_\1) r$)(4(-5+-()*()'#$0$-./O-)5$*)5$.(##+**+)%+3+)&-)'#+%$.+)*/-$(*6) 5$).$%&$-%/(.)P/.0O#/%(.),&$)5$4$-)#$'$0/#.$1)2'(#$%$)%+3+)&-() %(0$R+#W()$-)*()7/*+.+7W()5$)X/5()5$)*(.).+%/$5(5$.)/-5WR$-(.)(-%$.9 0#(*$.6)%+*+%()()*()-(0&#(*$Q()$-)$*)%$-0#+)5$*)5$4(0$6).$)5$7/$-5$) +0#()#$*(%/O-)%+-)$*)$-0+#-+6)5+-5$).$)#$%+-+%$)()*()-(0&#(*$Q()%+3+) .&[$0+)5$)5$#$%P+.)8).$)'+.0&*(-)5/X$#.(.)7+#3(.)5$)%+-0/-&/5(5) #$*(%/+-(*)%+-)$*)(34/$-0$1)s+).$)$%+-+3/Q(-)*(.)#$*(%/+-$.).+%/(*$.) -/).$)#$5&%$-)0+5(.)*(.)%+.(.)()4/$-$.)+).$#X/%/+.)3$#%(-0/*/Q(4*$.1) o3'*/%()%(34/+.)'#+7&-5+.)$-)*(.)/5$(.).+4#$)$*)5$.(##+**+),&$)$.0U-) 3U.)(**U)5$)%+##$%%/+-$.)+)([&.0$.1) NS/.0$)&-).$.R+)$.'(%/(*)8)0$3'+#(*)%+-.0/0&0/X+)5$)$.0(.)%+.3+X/9 ./+-$.6)$S'#$.(5+)$-)$*)('$R+)(*)*&R(t#6)(*)$-0+#-+)5$)X/5(6)()*(.)#(W%$.) 5$)&-)'&$4*+)8).&)%&*0&#()*+%(*/Q(5(1)u$8$.)Z_``vq)awx\).+.0/$-$),&$) *()0#(5/%/O-)+-0+*OR/%()$&#+'$()%+-%/4$)*()$S/.0$-%/()5$)*+.)P+34#$.) %+3+)$.$-%/(*3$-0$)(&0O-+3()#$.'$%0+)5$)*+.)$.'(%/+.)8)*+.)0/$3'+.1y z{|y}~|y~}y~y~|}~|y|~|y}}~|~y~yy~}~| y~~|~~yy~}y~yy}y~}y~|y~y}~y~}~|~~yyy. "". 0123456819. 016 1636.

(19) !"#$%&'$()*%+. ,-./0,12.345,/6718,43493/42:39.838,/4;493/40531/<75=32.71,/497239,/48,94 27/=7/>4?7/49:@35,/48,0,5=.1314,948,/0.17A4?7/4/,5,/4/7148,432:,5874 2714/:/49:@35,/48,4,-./0,12.3BCD EFGHIJDKLMNOPDQRSTDUJVDWXDUYVZHTDIG[HVH\]GYD^YDG\ZHVUVHZY]G_\D`XHD WXH^HDaY]HVWHDIH^DbXH\DcGFGVTDIH^Dd:=34e3f/3;D`XHDg^DIH[GH\IHCD hJWZGH\HD`XHDaYiDIJWDZGUJWDIHDUHVWJ\YWTDWJ]GHIYIHWTDjX\IJWPDH\D^YD 2712,62.k14657@5,/.l348,94/,5TD^YDWJ]GHIYIDHFJ^X]GJ\YD]VHY\IJD\XHFYWD ZH]\J^JmnYWoDH\D^YDl./.k142p29.2348,94,/035TD^JD̀XHDH^DWHVDaXjY\JDaY]HD H\D^YDFGIYDHWDVHY]ZGFYVDJDYU^Y]YVDWXD]J\]GH\]GYTDUJVD^JD`XHDH^DIHWYq VVJ^^JD\JDWHDjGIHDYDZVYFgWDIHD^YWD]VHY]GJ\HWDjYZHVGY^HWDWG\JDUJVD^YD YVjJ\GrY]G_\qHWZYsG^GIYITDUJVDH^D\GFH^DIHDIHWUHVZYVDJDIHDVHY]ZGFY]G_\D IHD^YD]J\]GH\]GYDIHD^JWDG\IGFGIXJWDiDIHD^YWDWJ]GHIYIHWDH\DWXWD]J\tX\q ZJWCDuJVD^JDZY\ZJTDWHDZVYZYDIH^DIHWUHVZYVDjvWD`XHDIH^DIHWYVVJ^^YVTDIHD 2712.,12.35DiD2753w7135TD^JD`XHD\JDVxHUVHWH\ZYDH\DZgVjG\JWDHWZVG]ZJWD X\DH\ZH\IGjGH\ZJDUJ^nZG]JDWG\JDFGZY^CD yYiD̀XGH\HWDUVH[GHVH\DaYs^YVDIHDcGFGVDbGH\TD̀XHDGjU^G]YD^YD]J\ZVYq UJWG]G_\DIHDIJWD]X^ZXVYWTD^YD]X^ZXVYDIHD^YDFGIYTDIH^DVHWUHZJDH\ZVHDZJIJWD ^JWDWHVHWDFGFJWTDIH^DH`XG^GsVGJTDH\D]J\ZVYDIHD^YD]X^ZXVYDIHD^YDjXHVZHTD IHD^YDIHWZVX]]G_\TDIHD^YDYFYVG]GYCDhJWZGH\HDzFJD{JVY^HWDKLMNNPDNNSPD |},2.=7/4~.l.54.,14675:,41743/6.53=7/434l.l.54=,754:,497/47057/A4 7425,,=7/4,149342712,62.k149.1,394;432:=:930.l348,94657@5,/74;4,94 8,/35579974.9.=.038743427/0348,9470574;48,4934130:539,w3A4,1,=7/4:,4 27=69,=,103517/4;417427=6,0.5A4},,=7/427=6350.54;41743657l,235 17/48,94l,2.17A4~.l.54.,14,/46,1/354174/7974,1405=.17/48,4.1@5,/746,54 26.034/.1748,4.8,10.83842:90:53948,427=:1.83848,435=71p34,105,4 17/7057/4;427141:,/0534385,4.,553BC uJVDJZVJD^YIJTDH\DX\DYVZn]X^JDHW]^YVH]HIJVTDHJ\YVIJDbJ[[DKLMNLSDJ[VH]HD YVmXjH\ZJWDH\DUVJDIHD^YDH]J^JmnYDiD^JWDIHVH]aJWDIHD^YDGHVVYTDIHWIHD ]XHWZGJ\HWDIHDY\]HWZVY^GIYITD]J\WZYZY]GJ\HWD]GH\Zn[G]YWDiD]JWjJ^_mG]YWD `XHDIHjXHWZVY\D`XHD^YDGHVVYDiD^YDFGIYD]J\WZGZXiH\DjJjH\ZJWDIH^D FYWZJDUVJ]HWJDIHD^YDHFJ^X]G_\DIH^DX\GFHVWJCDuHVJDUYVYD̀XHD^YDFGIYDUXHIYD HGWZGVDiDVHUVJIX]GVWHD\H]HWGZYDIHDZJIYWD^YWDUVH]J\IG]GJ\HWDH\HVmgZG]YWTD [nWG]YWDiD̀XnjG]YWDWG\D^YWD]XY^HWD\JDUXHIHDGVVXjUGVD\GDWXsWGWZGVCDuJVD HWJDaYiD̀XHDG\]^XGVDZJIJDH^DUVJ]HWJDIHD^YDHFJ^X]G_\DY\ZHVGJVDUYVYDH\q ZH\IHVDYIH]XYIYjH\ZHD^YDGHVVYDiD^YDFGIYCD\DZGHjUJD\XHFJDHjUGHrYTD H^DIHD^YDsGJq]GFG^GrY]G_\TDH\D^YD]XY^DGHVVYDiDyXjY\GIYIDVH]J\J]H\DWXD VH]nUVJ]YDUHVZH\H\]GYTDWXDJVGmH\D]Jj\DiDWXD]Jj\DIHWZG\JCD DUYVZGVDIHDY^^nTDbJ[[DKLMNOSDWJWZGH\HD`XHD\JDWHDUXHIHDUH\WYVD^YD HWH\]GYDaXjY\YD[XHVYDIHD^YWDVH^Y]GJ\HWDWJ]GY^HWTDUHVJDHWDjX]aJDjvWD. . 0123456819. 016 1636.

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à>*'VWXX5'bWZ>. "#. 0123456819. 016 1636.

(21) !"#$%&'$()*%+. ,-./012341-.56 789:8;<=9><?@=ABC>AD?9EF9G8H9?8==8@AI8H9EF98G@F=AE8E9FH9JCF9=F8GAK8?9 C?89>=L@A>89:FECG8=M98G9><?>FBA=9FG9EFH8==<GG<9<>>AEF?@8G9><:<9:C@8N >AD?9EFG9OPQRS9EF9C?9TCFBG<9UVCH>WM9XYZX[\9]=<T<?F?9C?89=CT@C=89><?9 G89AEF89EF9EFH8==<GG<9><:<9<=EF?8E<=9H<>A8G9U^H><B8=M9Z__`[M98Ga<9JCF9 HAaCF9T=FHF?@F9><?9bCF=K89F?9G8H9?8==8@AI8H9EF98CHF?>A89;9F?9:8;<=9 ><?@=8EA>>AD?9F?9G8H9?8==8@AI8H9EF9<>CG@8:AF?@<\ ^cT=FH8?9C?89T=A:8>L89>CG@C=8G9F?9G<H9T=<>FH<H9H<>A8GFHd9=F>CTF=8?9 ;9T=<:CFIF?9H8BF=FH9T=<TA<H9F?9C?9EFH8bL<9JCF9HCFGF?9><:T8=@A=9 ><?9G8H9?8==8@AI8H9EF9<>CG@8:AF?@<M98G9T<H@CG8=9G89FcAH@F?>A89EF9C?89 bAG<H<bL89G8@A?<8:F=A>8?8\9eF=9<@=<H9>8:A?<H98;CE8989TF?H8=9F?9<@=8H9 FTAH@F:<G<aL8HM9<@=8H9b<=:8H9EF9=FG8>A<?8:AF?@<9U=F>AT=<>AE8EM9><:N TGF:F?@8=AFE8E[M9<@=<H9:<E<H9EF9><?<>F=M9<@=<H9W<=AK<?@FHM989IF=9G89 T<GL@A>89><:<9I<GC?@8E9EF9IAIA=M9?<9H<G<9><:<9I<GC?@8E9EF9T<EF=9U;89 JCF9?<9HF9T<HA>A<?89><:<9C?9><?@=8T<EF=[\9f<?@=ABC;F?989b<=@8GF>F=9 G89EA:F?HAD?98C@<?D:A>89EF9G89T<GL@A>89EF9EFH8==<GG<\9789>G8IF9FH9 G89=F8>@AI8>AD?9EF9G8H9><?>AF?>A8H9T8=89><?H@=CA=9C?9:C?E<9E<?EF9 JCFT8?9:C>W<H9:C?E<H\ g1h143i/jk56 ]CFEF?9T=FHF?@8=9EAbA>CG@8EFH9T8=89IF=9G89EAHTC@89WFaF:D?A>89EF9G89 T<GL@A>89l>D:<9><?H@=CA=9T<EF=9HCbA>AF?@F9T8=89FG9>8:BA<m\9^G9>=A@F=A<9 HF>@8=A<9TCFEF9T=FE<:A?8=9H<B=F9FG9>=A@F=A<9EF98>C:CG8>AD?9EF9:8N H8H9;9T=<I<>8=9C?89b=8a:F?@8>AD?9EF9G89GC>W89T<GL@A>8\9^?9@n=:A?<H9 EF978>G8C9UXYZZ9;9XYZo[M9HF9T<E=L898=aC:F?@8=9JCF9IF?9><?9:8;<=9 >G8=AE8E9FG9T=A?>ATA<9EF98C@<?<:L89JCF9FG9EF9WFaF:<?L8\9pGaC?8H9 FcT=FHA<?FH9HCFGF?9><?EF?8=9lA?9@<@C:m9G<9<>>AEF?@8GM9A?IA=@AF?E<9G89 >8=a89EF9G89>CGT8q9FG9:8G9FH@r9HAF:T=F9bCF=8M9F?9G<9JCF9T=<IAF?F9EF9 G89>AIAGAK8>AD?9<>>AEF?@8G\ stuvwxywz{|}w~u{w~uuw}~uyuwzw{w}{u y{}| w{} F?AF?E<9F?9>CF?@89G8H9@=FH9a=8?EFH9?8==8@AI8H9FcTCFH@8HM989><?@AN ?C8>AD?9HF9<b=F>F9C?89HF=AF9EF9=FbGFcA<?FH9H<B=F9FG9EFH8==<GG<9G8@A?<N 8:F=A>8?<\ PSPSRORO\9?9TC?@<9>G8=<9FH9JCF9F?9 G8H9@=FH9?8==8@AI8H98T8=F>F?9>=L@A>8H98G9>8TA@8GAH:<9F?9HC9b8HF9EF9 aG<B8GAK8>AD?9bA?8?>AF=8q9T=A:F=<9><:<9FH>r?E8G<H9n@A><HM9T<=9FH<9HC9 T=<TCFH@89EF9>8TA@8GAH:<9><?9=<H@=<9WC:8?<d9FcT=FH89C?9n?b8HAH9F?9 G898HA:AG8>AD?9EF9G8H9F><?<:L8H9;9G8H9A?H@A@C>A<?FH9G8@A?<8:F=A>8?8H9. . 0123456819. 016 1636.

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`9+,.$&6abcd;& $1,.1$&(,%&-)19$%9-')&1)')&1$'0)&(,&5$4$%%$&]*,&1)'59+$&%$-&-,2*+($-& +$..$49D$-&1)+&%$-&4,.1,.$-/&-*&0.9).9($(&0$-$&0).&%$&1)+-4.*119?+& (,&\,2,')+E$-&0)%E491)>1*%4*.$%,-&]*,&0,.'94$+&(,-0.,+(,.&%$-& -)19,($(,-&%$49+)$',.91$+$-&(,%&1$'9+)&Z+91)&2%)5$%9G$().<&`%,D$+& 9'0%E194$-&%$&.,1*0,.$19?+&(,&%$&9(,$&(,&4.$+-7).'$19?+&$*4?+)'$&,& 9+4,2.$($&(,&+*,-4.$-&-)19,($(,-/&(,+4.)&(,&*+&0%*.9>D,.-)&(,&)019)> +,-&(,&D9D9.&59,+<&e&,-4)&%)&1)+-4.*A,+&(,-(,&0)%E491$-&]*,&-,&,-4f+& 9'0%,',+4$+()&,+&%$&.,29?+&(,-(,&%)-&g-4$()-&1,+4.$%,-/&(,-(,&%)-& 4,..94).9)-&-*5+$19)+$%,-&A&$&,-1$%$&%)1$%&$&4.$DC-&(,&%$&')D9%9G$19?+& (,&-*3,4)-&-)19$%,-&(9D,.-)-<& >&JKLMNOPQIPRIhTQPKKWRRWIOWVWIUWKVPRNiPONjU<&`$+(,.&6abbbk&c;&$79.> '$&]*,&,%&+,)%95,.$%9-')&-,&,.92,&1)')&,%&(9-1*.-)&\,2,'?+91)&(,&*+& ')(,%)&19D9%9G$4).9)&A&+)&-)%)&1)')&*+$&4,).E$&,1)+?'91$<&=*&7*,.G$&-,& 5$-$&,+&]*,&-9+4,49G$&%)-&-*0*,-4)-&A&D$%).,-&5f-91)-&(,&%$&-)19,($(& %95,.$%&')(,.+$&,+&4).+)&$%&-,.&\*'$+)/&%$&.9]*,G$/&%$&+$4*.$%,G$/&%$& \9-4).9$/&,%&0.)2.,-)/&,%&1)+)19'9,+4)&A&%$&5*,+$&D9($<&l,&,-4,&')()/& %$&-)19,($(&%95,.$%&9+(*-4.9$%&-,&1)+-494*A,&+)&-)%)&,+&,%&).(,+&-)19$%& (,-,$5%,/&-9+)&,+&,%&Z+91)&0)-95%,&A&4).+$&9++,1,-$.9$&%$&0)%E491$/&,+& %$&',(9($&,+&]*,&A$&+)&\$A&$%4,.+$49D$-&0)-95%,-&$&,-,&')()&(,&D9($<& =9&%$&')(,.+9($(&]*,($&9+-4$%$($&,+&,%&0.,-,+4,&(,%&49,'0)&A&,+&,%& 1,+4.)&(,%&,-0$19)&A&0$-$&$&-,.&.,%$4)&(,&-$%D$19?+/&,'$+190$19?+&A& 0.)2.,-)&0$.$&%)-&8$4.$-$()-:&A&%)-&85f.5$.)-:/&%$&9(,$&(,&(,-$..)%%)& -,&1)+D9,.4,&,+&*+&0)(,.)-)&9+-4.*',+4)&0$.$&%$&+).'$%9G$19?+&(,%& '*+()&6g-1)5$./&cmmdk&no;<&. "#. 0123456819. 016 1636.

(23) !"#$%&'$()*%+ ¡¢£ ££¤¥ ¦ £¦§ ¡££ £¨¤¥ ¦ ¢© ¦¡£¦ £ª¤«. ,-./0-123/0-45-6789:;<=><?>@<>@AA@BCD@E<FGHACI@<J@BC>@<KL<MKNO MA@PQ@<@BA@L@R@E<K>BN>IKL<NSKRCK>BKE<@SCKAB@E<RK<BCKGTN<T@ICK>BK<UK>< V@<WL@V@<RK<KLTKA@X<RK<V@<YCLBNAC@Z;<=><NBA@<KL<MKNMA@PQ@<G?BCV@R@E< K>BN>IKL<AKSKVRKE<RK<BCKGTN<?AMK>BK;<=><NBA@<KL<MKNMA@PQ@<@>IKLBA@VE< K>BN>IKL<:615[-\:12]:E<RK<BCKGTN<AKLCVCK>BK;<^@A@<?>NLE<V@<V?IY@<KL<TNA< V@<C>INATNA@IC_><U@V<G?>RN<RKL@AANVV@RNZ`<T@A@<NBANL<KL<V?IY@<TNA<V@< AKRCLBACS?IC_><UK><LNICKR@RKL<RKLCM?@VKLZ`<T@A@<NBANL<KL<V?IY@<TNA<KV< AKIN>NICGCK>BN<URK<I?VB?A@L<RCDKAL@LZ; O<a\-2b:c2\:[2/-8/\1[:4281/[2/;<FRDCKABK><d?K<KV<CG@MC>@ACN<RKV< RKL@AANVVN<Y@<LKADCRN<T@A@<LNLBK>KA<?>@<CV?LC_><RK<TANMAKLNE<K><KV< G@AIN<RK<V@<IN>LNVCR@IC_><RK<AKV@ICN>KL<RK<RNGC>@IC_>E<KeTVNB@IC_>< f<IN>PVCIBNE<d?K<Y@<CGT@IB@RN<P?KABKGK>BK<K><V@<YCLBNAC@<f<V@<AK@VCR@R< V@BC>N@GKACI@>@g<?><RKL@AANVVN<d?K<RKLBA?fK<f<LNGKBK;<^KAN<B@GSCH>< KV<RKL@AANVVN<AKRCGKE<TNA<LKA<?>@<I@BKMNAQ@<LNIC@V<I@AM@R@<RK<IN>>NO B@ICN>KL<TNLCBCD@L<K<CV?LCN>KLE<RK<KeTKIB@BCD@L<LNIC@VKL<RK<BA@S@h@A< K><TNL<RK<?><G@i@>@<d?K<LKAj<GKhNA<d?K<KV<YNf;<k<I@R@<I@GTN<RK< K>BK>RCGCK>BN<IN>BACS?fK<@<V@<CRK>BCPCI@IC_><RK<BKG@L<IAQBCINL<AKMCNO >@VKLE<BNRNL<>KIKL@ACNL<RK<LKA<BK>CRNL<K><I?K>B@g lmnompqrrstpuvwxmyomz{|uyuzozmuw}~u~spuqwoyxmyomro{w~opuvwm}qpuoyxm V@<P@VB@<RK<I@TCB@V<LNIC@VE<V@L<TAjIBCI@L<INATNA@BCD@LE<V@<C>PNAG@VCR@R< V@SNA@VE<V@<TACG@AC@IC_><RK<V@<KIN>NGQ@; lmnom{tyq~opuvwm}qpuoymmyo|qroyxmyomopssyopuvwmtqrmz{}tq}{}uvwxm KV<KeBA@IBCDCLGNE<V@<GKAI@>BCVC@IC_><RK<V@L<AKV@ICN>KL<LNIC@VKLE<V@< INVN>C@VCR@R<RKV<L@SKAE<V@<>KM@IC_><RK<V@<INKeCLBK>IC@<KLT@IC@V; lmnomw{opuvwmz{myqmq~rqxmz{myo}m{}turu~soyuzoz{}xmz{myo}m}{w}u|uyu R@RKLE<V@<GN>NI?VB?A@E<V@<RKD@LB@IC_>E<V@<?>CPNAGCR@RE<V@<P@VB@<RK< AKICTANICR@RE<RK<INGTVKGK>B@ACKR@R; O<5/3/6128:-456-8/\/82b25\1/;<J@<KIN>NGQ@<NIICRK>B@VE<d?K<KL< MK>KA@VGK>BK<TK>L@R@<INGN<?><LCLBKG@<RK<TANR?IIC_>E<AKTAKLK>B@< B@GSCH><?><LCLBKG@<RK<TNRKA<f<LCM>CPCI@IC_>E<@<BA@DHL<RKV<I?@V<VNL<LKO AKL<Y?G@>NL<LN><BA@>LPNAG@RNL<K><L?hKBNL<TANR?IBCDNL;<J@<KIN>NGQ@< KL<?>@<TANR?IIC_><I?VB?A@VE<?>@<PNAG@<RK<TANR?ICA<L?hKBNL<Y?G@>NL< f<_ARK>KL<LNIC@VKL<RK<?><RKBKAGC>@RN<BCTN<U=LINS@AE<g<Z;<FVO M?>@L<TNLB?A@L<IAQBCI@L<RK<V@<?>CVC>K@VCR@R<RK<V@<YCLBNAC@<TAKLK>B@>< VCGCB@ICN>KL<TNAd?KE<LC<SCK><TN>K><H>P@LCL<K><V@<PA@MGK>B@IC_>E<K><V@< YKBKANMK>KCR@R<f<K><V@<TV?A@VCR@RE<AK>?>IC@><@<TANfKIBNL<INVKIBCDNL< RK<BA@>LPNAG@IC_><LNIC@V<f<KDCRK>IC@><?><KLIKTBCICLGN<K><V@<TNVQBCI@< U@>BNLE<Z;<><AKV@BCDCLGN<d?K<BNA>@<CGTNLCSVK<KV<LK>BCRN<RK<V@< BA@>LPNAG@IC_><LNIC@VE<RCLKGC>@<@V<L?hKBN<f<V@L<TNLCSCVCR@RKL<RK<I@GO SCN;<?LLKV<UZ<IN>BACS?fK<@<AKLNVDKA<KLBK<RCVKG@<IN><KV<IN>IKTBN<. . 0123456819. 016 1636.

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`,O(.5)&R)'.*)&%+'Y&0%(7.9 4)*$-&*3%;-+&0(-8%5'-+&0(-0.-+&23%&53%+'.-*)*&4)+&.*%23.$)$%+&$%+$%& *3%;)+&,)'(.5%+&'%((.'-(.)4%+/&23%&(%;.%('%*&4-+&0.4)(%+&$%&4)&+-5.%$)$& $%&03(-&,%(5)$-&8&-'-(6)*&0(.,)51)&')*'-&)&4-&0WV4.5-&5-,-&;)4-(/& 5-,-&)&4-&0-41'.5-&5-,-&Y,V.'-&$%&'()*+7-(,)5.<*>&a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