202230 20-1 TRICAM SL II Instruction Manual Ver 1.3.1 Oct 2010

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'NUKUVGOCFGHNWQTGUEGPEKCFG-#4.|5614< UGEQORQPGFGNUKUVGOC&.+)*6%%#(Q2 FG-#4.|5614<SWGKPENW[GECDNGUFGNWRQT OGFKQHNWKFKCFQCRTQRKCFQU[GPFQUEQRKQUFG HNWQTGUEGPEKC XÅCUGGNECV½NQIQ [FGNUKUVGOCFG E½OCTCFGHNWQTGUEGPEKC 64+%#/Š5.|++ ECDGCN FGE½OCTC2&& FG-#4.|5614<.C64+%#/Š 5.|++JCUKFQFGUCTTQNNCFCRCTCNCÏRVKOCWVKNKCEKÏP EQPGNUKUVGOC&.+)*6 %QPGNHKPFGICTCPVKCTWPEQPHQTVFGOCPGLQNQ O½UGNGXCFQRQUKDNGFKXGTUCUHWPEKQPGUFGNC%%7 WPKFCFFGEQPVTQNFGNCE½OCTC RWGFGPEQPVTQNCTUG FKTGEVCOGPVGOGFKCPVGNQUDQVQPGUFGNECDGCN FGE½OCTC'PGNOQFQGUV½PFCTCVTCXÅUFGGUVQU DQVQPGUVCODKÅPRWGFGPOCPGLCTUGCEEGUQTKQU EQOQRGLWPCKORTGUQTCFGXÉFGQ'PNCR½I GPEQPVTCT½O½UKPHQTOCEKÏPCEGTECFGNECDGCNFG NCE½OCTC2&&

&KG64+%#/Š5.++%%7KUVOKVFGO-#4.|5614< %QOOWPKECVKQP$WU 5%$ CWUIGUVCVVGVWOKPGKP MQORNGVVGU1RGTCVKQPUTCWOU[UVGOKPVGITKGTVW YGTFGP&CU5%$DY5%$EQPVTQN0'15[UVGO GTOÒINKEJVFKG-QOOWPKMCVKQPYKUEJGPFGP -#4.|5614<)GTÀVGPFKGCPFCU5[UVGOCPIG UEJNQUUGPUKPF&KGUG-QOOWPKMCVKQPGTNCWDVFKG GPVTCNG#PGKIGFGT2CTCOGVGTFGT5%$)GTÀVG 9GKVGTG+PHQTOCVKQPGPWO)GDTCWEJWPFWFGP (WPMVKQPGPFGU5%$5%$EQPVTQN0'15[UVGOU HKPFGP5KGKPFGT)GDTCWEJUCPYGKUWPIHØTFCU -#4.|5614<5%$5%$EQPVTQN0'15[UVGOYGN EJGMQUVGPNQUDGK-#4.|5614<CPIGHQTFGTVQFGT XQPTGIKUVTKGTVGP2GTUQPGPCWHYYYMCTNUVQTEQO CNURFH8GTUKQPJGTWPVGTIGNCFGPYGTFGPMCPP

6JG64+%#/Š5.++%%7KPEQTRQTCVGUVJG -#4.|5614<%QOOWPKECVKQP$WU 5%$ U[UVGO HQTKPVGITCVKQPKPVQCEQORNGVGQRGTCVKPITQQO U[UVGO6JG5%$QT5%$EQPVTQN0'1U[UVGO CNNQYUEQOOWPKECVKQPDGVYGGPVJG-#4.5614< FGXKEGUEQPPGEVGFVQVJGU[UVGO(TQOVJKUEQO OWPKECVKQPRCTCOGVGTUQHVJG5%$FGXKEGUECPDG FKURNC[GFEGPVTCNN[(WTVJGTKPHQTOCVKQPQPVJGWUG CPFHWPEVKQPUQHVJG5%$5%$EQPVTQN0'1U[U VGOECPDGHQWPFKPVJG-#4.|5614<5%$5%$ EQPVTQN0'15[UVGOKPUVTWEVKQPOCPWCNYJKEJECP DGTGSWGUVGFHTGGQHEJCTIGHTQO-#4.|5614<QT FQYPNQCFGFKP2&(HQTOCVD[VJQUGTGIKUVGTGFCV YYYMCTNUVQTEQO

.C%%764+%#/Š5.++XKGPGGSWKRCFCEQPGN -#4.|5614<%QOOWPKECVKQP$WU 5%$ RCTC RQFGTUGTKPVGITCFCGPWPUKUVGOCEQORNGVQFGSWK TÏHCPQ'NUKUVGOC5%$Q5%$EQPVTQN0'1RGTOKVG NCEQOWPKECEKÏPGPVTGNQUCRCTCVQU-#4.5614< SWGGUVÅPEQPGEVCFQUCNUKUVGOC'UVCEQOWPKEC EKÏPRGTOKVGNCKPFKECEKÏPEGPVTCNFGNQURCT½OGVTQU FGNQUCRCTCVQU5%$'PGN/CPWCNFGKPUVTWEEKQ PGUFGNUKUVGOC-#4.|5614<5%$5%$EQPVTQN 0'1SWGRWGFGUQNKEKVCTWUVGFITCVWKVCOGPVGC -#4.|5614<QSWGNCURGTUQPCUTGIKUVTCFCUCN GHGEVQRWGFGPFGUECTICTGPUWXGTUKÏPRFHFGNC FKTGEEKÏPYYYMCTNUVQTEQOGPEQPVTCT½WUVGF O½UKPHQTOCEKÏPCEGTECFGNWUQ[NCUHWPEKQPGUFGN UKUVGOC5%$5%$EQPVTQN0'1

#PYGPFWPIUIGDKGV

+PFKECVKQPHQTWUG

%CORQFGCRNKECEKÏP

&KG64+%#/Š5.++XQP-#4.|5614<KUVGKP (CTDXKFGQMCOGTCU[UVGOFCUCNU'PFQUMQRKG <WDGJÒTOKVUVCTTGPQFGTHNGZKDNGP'PFQUMQRGPGKP IGUGVVYGTFGPMCPP&GT-COGTCMQRHYKTFCPFCU 'PFQUMQRCPIGUEJNQUUGP/KVFGT64+%#/Š5.|++ -COGTCMQPVTQNNGKPJGKV %%7 XQP-#4.|5614< MÒPPGPCNNGXQP-#4.|5614<CNUMQORCVKDGN DGGKEJPGVGP-COGTCMÒRHGXGTYGPFGVYGTFGP &CU'PFQUMQRKGDKNFNÀUUVUKEJCWHCNNGPJCPFGNUØD NKEJGP128KFGQOQPKVQTGPCPGKIGP /KV64+%#/Š5.++-COGTCMÒRHGPMÒPPGPCNNG GPFQUMQRKUEJGP5VCPFCTF.KEJVSWGNNGPGKPIGUGVV YGTFGP

6JG-#4.|5614<64+%#/Š5.++KUCEQNQTXKFGQ ECOGTCU[UVGOYJKEJECPDGWUGFCUCPGPFQ UEQRKECEEGUUQT[YKVJTKIKFQTHNGZKDNGGPFQUEQRGU 6JGECOGTCJGCFKUEQWRNGFVQVJGGPFQUEQRG #P[ECOGTCJGCFYJKEJJCUDGGPFGUKIPCVGFCU EQORCVKDNGD[-#4.|5614<OC[DGWUGFYKVJVJG -#4.|5614<64+%#/Š5.++ECOGTCEQPVTQNWPKV %%7 6JGGPFQUEQRKEKOCIGECPDGFKURNC[GFQP CP[UVCPFCTFQRGTCVKPITQQOXKFGQOQPKVQTCPF CNNUVCPFCTFGPFQUEQRKENKIJVUQWTEGUOC[DGWUGF YKVJ64+%#/Š5.++ECOGTCJGCFU

.C64+%#/Š5.++FG-#4.|5614<GUWPUKUVGOC FGE½OCTCFGXÉFGQCEQNQTSWGRWGFGWVKNKCTUG EQPGPFQUEQRKQUTÉIKFQUQHNGZKDNGUEQOQCEEGUQ TKQGPFQUEÏRKEQ'NECDGCNFGE½OCTCUGEQPGEVC CNGPFQUEQRKQ%QPNCWPKFCFFGEQPVTQNFGNC E½OCTC %%7 64+%#/Š5.++FG-#4.|5614< RWGFGPGORNGCTUGVQFQUNQUECDGCNGUFGE½OCTC SWG-#4.|5614<JC[CECNKHKECFQFGEQORCVKDNGU EQPFKEJQGSWKRQ.CKOCIGPGPFQUEÏRKECRWGFG OQUVTCTUGGPVQFQUNQUOQPKVQTGUFGXÉFGQRCTC SWKTÏHCPQWUWCNGUGPGNOGTECFQ%QPNQUECDG CNGUFGE½OCTC64+%#/Š5.++UGRWGFGPWUCT VQFCUNCUHWGPVGUFGNWGPFQUEÏRKECUGUV½PFCT

5KEJGTJGKVUJKPYGKUG

5CHGV[KPUVTWEVKQPU

+PUVTWEEKQPGUFGUGIWTKFCF

9CTPWPF8QTUKEJVUJKPYGKUG

9CTPKPIUCPFECWVKQPU

+PFKECEKQPGUFGCNCTOC[CFXGTVGPEKC

9CTPWPF8QTUKEJVUJKPYGKUG

9CTPKPIUCPFECWVKQPU

$KVVGNGUGP5KGFKGUG)GDTCWEJUCPYGKUWPIUQTI HÀNVKIFWTEJWPFDGCEJVGP5KGFKG#PYGKUWPIGP IGPCW&KG$GGKEJPWPIGP9CTPWPI8QTUKEJVWPF *KPYGKUJCDGPURGKGNNG$GFGWVWPIGP9QKOOGT UKGKPFGT)GDTCWEJUCPYGKUWPIXGTYGPFGVYGTFGP NGUGP5KGFGPPCEJHQNIGPFGP6GZVIGPCWWOGKPGP UKEJGTGPWPFGHHKKGPVGP$GVTKGDFGU)GTÀVGUW IGYÀJTNGKUVGP

2NGCUGTGCFVJKUOCPWCNCPFHQNNQYVJGKPUVTWEVKQPU ECTGHWNN[6JGYQTFU9CTPKPI%CWVKQPCPF0QVG EQPXG[URGEKCNOGCPKPIU9JGTGXGTVJG[CTGWUGF KPVJKUOCPWCNVJG[UJQWNFDGECTGHWNN[TGXKGYGF VQGPUWTGVJGUCHGCPFGHHGEVKXGQRGTCVKQPQHVJG FGXKEG

+PFKECEKQPGUFGCNCTOC[ CFXGTVGPEKC

&GHKPKVKQPGP

&GHKPKVKQPU

&GHKPKEKQPGU

9#4070)9CTPWPIOCEJVCWHGKPG )GHÀJTFWPIFGU2CVKGPVGPQFGTFGU#TVGU CWHOGTMUCO&KG0KEJVDGCEJVWPIGKPGT 9CTPWPIMCPP8GTNGVWPIGPFGU2CVKGPVGP QFGTFGU#TVGUWT(QNIGJCDGP

9#40+0)#9CTPKPIKPFKECVGUVJCVVJG RGTUQPCNUCHGV[QHVJGRCVKGPVQTRJ[UKEKCP OC[DGKPXQNXGF&KUTGICTFKPIC9CTPKPI EQWNFTGUWNVKPKPLWT[VQVJGRCVKGPVQT RJ[UKEKCP

%7+&#&1'NVÅTOKPQ%WKFCFQNNCOCNC CVGPEKÏPUQDTGWPCUKVWCEKÏPFGRGNKITQ RCTCGNRCEKGPVGQRCTCGNOÅFKEQ.C KPQDUGTXCPEKCFGGUVGCXKUQRQFTÉCEQPNNGXCT NGUKQPGURCTCGNRCEKGPVGQRCTCGNOÅFKEQ

8145+%*68QTUKEJVOCEJVFCTCWH CWHOGTMUCOFCUUDGUVKOOVG9CTVWPIU QFGT5KEJGTJGKVUOC»PCJOGPWVTGHHGP UKPFWOGKPG$GUEJÀFKIWPIFGU)GTÀVGU WXGTOGKFGP

%#76+10#%CWVKQPKPFKECVGUVJCV RCTVKEWNCTUGTXKEGRTQEGFWTGUQT RTGECWVKQPUOWUVDGHQNNQYGFVQCXQKF RQUUKDNGFCOCIGVQVJGRTQFWEV

#&8'46'0%+#'NVÅTOKPQ#FXGTVGPEKC NNCOCNCCVGPEKÏPUQDTGFGVGTOKPCFCUOGFK FCUFGOCPVGPKOKGPVQQFGUGIWTKFCFSWG JCPFGNNGXCTUGCECDQCƂPFGGXKVCTGN FGVGTKQTQFGNCRCTCVQ

*+09'+5*KPYGKUGGPVJCNVGPURGKGNNG +PHQTOCVKQPGPWT$GFKGPWPIFGU)GTÀVGU QFGTUKGGTMNÀTGPYKEJVKIG+PHQTOCVKQPGP

9#4070).GUGP5KGFKGUG )GDTCWEJUCPYGKUWPIIGPCWFWTEJDGXQT 5KGFCU)GTÀVKP$GVTKGDPGJOGP.GUGP5KG DGUQPFGTUFCU-CRKVGN5KEJGTJGKVUJKPYGKUG CWHOGTMUCOFWTEJWO)GHÀJTFWPIGP+JTGT 2CVKGPVGP+JTGU2GTUQPCNUUQYKG+JTGT GKIGPGP2GTUQPWXGTOGKFGP /CEJGP5KGUKEJXQTFGTGTUVGP#PYGPFWPI FGU)GTÀVGUCO2CVKGPVGPWPDGFKPIVOKVFGT (WPMVKQPUYGKUGWPF$GFKGPWPIFGU)GTÀVGU XGTVTCWV



.GCGUVG/CPWCN[UKICNCUKPUVTWEEKQPGUEWKFCFQ UCOGPVG.QUVÅTOKPQU%WKFCFQ#FXGTVGPEKC[ 0QVCVKGPGPUKIPKHKECFQUOW[GURGEKCNGU%WCPFQ CRCTGECPGPCNIWPCRCTVGFGGUVG/CPWCNTGXKUG GUCUGEEKÏPEWKFCFQUCOGPVGRCTCCUGIWTCTNCQRG TCEKÏPKPQEWC[GHKECFGGUVGCRCTCVQ

016'#0QVGKPFKECVGUURGEKCNKPHQTOCVKQP CDQWVQRGTCVKPIVJGRTQFWEVQTENCTKƂGU KORQTVCPVKPHQTOCVKQP

9#40+0)4GCFVJKUKPUVTWEVKQPOCPWCN VJQTQWIJN[CPFDGHCOKNKCTYKVJKVUEQPVGPVU RTKQTVQWUKPIVJKUGSWKROGPV4GCFVJG UGEVKQPQPUCHGV[KPUVTWEVKQPUECTGHWNN[VQ CXQKFRWVVKPI[QWTRCVKGPVURGTUQPPGNQT [QWTUGNHCVTKUM $GHQTGWUKPIVJGWPKVQPVJGRCVKGPVKVKUKORGTCVKXG VJCV[QWDGCESWCKPVGFYKVJJQYVJGWPKVQRGTCVGU CPFKUEQPVTQNNGF

016#.QUR½TTCHQUFGPQOKPCFQUEQPGN VÅTOKPQ0QVCEQPVKGPGPKPHQTOCEKQPGU GURGEKCNGURCTCGNOCPGLQFGNGSWKRQQ CENCTCPKPHQTOCEKQPGUKORQTVCPVGU

%7+&#&1.GCFGVGPKFCOGPVGGUVG /CPWCNFGKPUVTWEEKQPGUCPVGUFGWUCTGN GSWKRQ.GCEQPGURGEKCNCVGPEKÏPGN ECRÉVWNQTGHGTGPVGCNCUKPUVTWEEKQPGUFG UGIWTKFCFCƂPFGGXKVCTRQPGTGPRGNKITQC UWURCEKGPVGUCUWRGTUQPCN[C7F OKUOQ (COKNKCTÉEGUGCHQPFQEQPNQUOQFQUFGHWPEKQ PCOKGPVQ[GNOCPGLQFGNGSWKRQCPVGUFGGORNGCT NQRQTRTKOGTCXGEQPWPRCEKGPVG



5KEJGTJGKVUJKPYGKUG

5CHGV[KPUVTWEVKQPU

+PUVTWEEKQPGUFGUGIWTKFCF

9CTPWPF8QTUKEJVUJKPYGKUG

9CTPKPIUCPFECWVKQPU

+PFKECEKQPGUFGCNCTOC[CFXGTVGPEKC

9#4070)'0 9#4070)&KG)GDTCWEJUCPYGKUWPIGPWPFFKG 5EJPKVVUVGNNGPURGKƂMCVKQPGPFGTKP-QODKPCVKQP XGTYGPFGVGP/GFKKPRTQFWMVGUKPFIGPCWGUVGPUW DGCEJVGP 9#4070)2TØHGP5KGFKGUGU)GTÀVXQTLGFGT #PYGPFWPICWHUGKPG(WPMVKQPUHÀJKIMGKV5QNNVGFCU $KNFYÀJTGPFFGU'KPITKHHUWPDTCWEJDCTnYGTFGP MCPPFKG-COGTCXQO'PFQUMQRCDIGPQOOGP WPFFGT'KPITKHHQRVKUEJHQTVIGUGVVYGTFGP+UVFKGU PKEJVOÒINKEJUQQDNKGIVGUFGT'PVUEJGKFWPIFGU 1RGTCVGWTUYKGCODGUVGPHQTVWHCJTGPKUV(ØT FKGUGP(CNNGORHGJNGPYKTFKG8GTHØIDCTMGKVGKPGU 'TUCVU[UVGOU 9#4070)$GK8GTYGPFWPIØPFHÀJKIGT0CTMQUG ICUGKPFGTWPOKVVGNDCTGP7OIGDWPIFGU)GTÀVGU DGUVGJV'ZRNQUKQPUIGHCJT 9#4070))GHCJTGKPGUGNGMVTKUEJGP5EJNCIGU )GTÀVPKEJVÒHHPGP.CUUGP5KG5GTXKEG#TDGKVGPPWT FWTEJCWVQTKUKGTVGU2GTUQPCNFWTEJHØJTGP,GFGU ²HHPGPFGU)GTÀVGUFWTEJWPCWVQTKUKGTVG2GTUQPGP HØJTVWO'TNÒUEJGPFGT)CTCPVKG'KPKIG#WUPCJ OGFKGKPFKGUGT)GDTCWEJUCPYGKUWPIDGUEJTKGDG PGP6ÀVKIMGKVGP 9#4070)&CU)GTÀVKUVPWTFCPPWXGTNÀUUKI IGGTFGVYGPPGUCPGKPGTGKPYCPFHTGKKPUVCNNKGT VGP5EJWVMQPVCMV5VGEMFQUGCPIGUEJNQUUGPKUV 5VGEMGTWPF-CDGNTQWVKPGOÀ»KIRTØHGPWPFDGK $GUEJÀFKIWPIPKEJVXGTYGPFGP 9#4070)&KGGNGMVTKUEJGP+PUVCNNCVKQPGPFGU 1RGTCVKQPUUCCNUKPFGOFCU)GTÀVCPIGUEJNQUUGP WPFDGVTKGDGPYKTFOØUUGPFKG#PHQTFGTWPIGPFGT IGNVGPFGP+'%0QTOGPGTHØNNGP 9#4070)8QTUÀOVNKEJGP9CTVWPIUCTDGKVGPCO )GTÀVKUVFKG0GVXGTDKPFWPIWVTGPPGP 9#4070))GTÀVCW»GTJCNDFGT4GKEJYGKVGXQP 2CVKGPVGPCWHUVGNNGP 9#4070)#WU5KEJGTJGKVUITØPFGPFØTHGPDGKGK PGT#PYGPFWPIFKG#WUICPIUDWEJUGPFGU)GTÀVGU WPFFGT2CVKGPVPKEJVINGKEJGKVKIDGTØJTVYGTFGP 9#4070)$GKFGT4GKPKIWPIFGU)GTÀVGUWPF DGKFGT#WHDGTGKVWPI5VGTKNKUCVKQPXQP)GTÀVG WDGJÒT —-COGTCMQRH'KPJGKV‡ WPDGFKPIVFKG )GDTCWEJUCPYGKUWPIDGCEJVGP

9#40+0)5 9#40+0)6JGKPUVTWEVKQPUCPFKPVGTHCEGURGEK ƂECVKQPUHQTOGFKECNFGXKEGUWUGFKPEQODKPCVKQP OWUVDGQDUGTXGFRTGEKUGN[

#8+515 %7+&#&1&GDGPQDUGTXCTUGEQPNCO½ZKOCGZCE VKVWFNQU/CPWCNGUFGKPUVTWEEKQPGU[NCUGURGEKƂ ECEKQPGUFGKPVGTHCFGNQURTQFWEVQUOÅFKEQU[Q EQORQPGPVGUFGUKUVGOCWVKNKCFQUGPEQODKPCEKQ PGUGPVTGUÉ

9#40+0)6GUVVJKUGSWKROGPVRTKQTVQGCEJUWTIK ECNWUG+PVJGGXGPVVJCVVJGKOCIGDGEQOGUWPWU CDNGFWTKPIUWTIGT[VJGECOGTCOC[DGFKUGPICIGF HTQOVJGGPFQUEQRGCPFVJGRTQEGFWTGEQPVKPWGF QRVKECNN[+HVJKUKUPQVRQUUKDNGKVKUNGHVVQVJGFKUETG VKQPQHVJGUWTIGQPJQYDGUVVQRTQEGGF#XCKNCDKNKV[ QHCURCTGU[UVGOKUTGEQOOGPFGF 9#40+0)&QPQVWUGKPVJGRTGUGPEGQHƃCO OCDNGCPGUVJGVKEU6JGTGKUCTKUMQHGZRNQUKQP 9#40+0)&CPIGTQHGNGEVTKEUJQEM&QPQVQRGP VJGWPKV4GHGTUGTXKEKPIQPN[VQSWCNKƂGFRGTUQPPGN #P[QRGPKPIQHVJGWPKVD[WPCWVJQTKGFRGTUQPU XQKFUVJGIWCTCPVGG6JGQPN[GZEGRVKQPVQVJKUCTG CEVKXKVKGUFGUETKDGFKPVJKUKPUVTWEVKQPOCPWCN 9#40+0))TQWPFKPITGNKCDKNKV[ECPQPN[DG CEJKGXGFYJGPVJGGSWKROGPVKUEQPPGEVGFVQ CRTQRGTN[KPUVCNNGFp*QURKVCN1PN[qQTp*QURKVCN )TCFGqTGEGRVCENG KGCRRTQXGFHQTWUGKPCP QRGTCVKPITQQOGPXKTQPOGPV 4QWVKPGN[KPURGEV GNGEVTKECNRNWICPFEQTF&QPQVWUGKHKPURGEVKQP TGXGCNUFCOCIG 9#40+0)6JGGNGEVTKECNKPUVCNNCVKQPUKPVJG QRGTCVKPITQQOKPYJKEJVJGWPKVKUEQPPGEVGFCPF QRGTCVGFOWUVEQORN[YKVJVJGCRRNKECDNG+'%|UVCP FCTFU 9#40+0)#NYC[UWPRNWIVJGWPKVDGHQTGRGTHQTO KPICP[OCKPVGPCPEGKPENWFKPIENGCPKPI 9#40+0)-GGRQWVQHTGCEJQHRCVKGPVU 9#40+0)(QTTGCUQPUQHUCHGV[FQPQVUKOWNVC PGQWUN[VQWEJVJGFGXKEGQWVRWVEQPPGEVQTUCPF VJGRCVKGPV 9#40+0)+VKUGUUGPVKCNVQHQNNQYVJGKPUVTWE VKQPOCPWCNENQUGN[YJGPENGCPKPIVJGWPKVCPF RTGRCTKPIUVGTKNKKPIWPKVCEEGUUQTKGU nECOGTCJGCF CUUGODN[o 

%7+&#&18GTKƂSWGNCECRCEKFCFFGHWPEKQPC OKGPVQFGGUVGGSWKRQCPVGUFGECFCWVKNKCEKÏP 5KFWTCPVGNCKPVGTXGPEKÏPSWKTÖTIKECNCKOCIGPUG XQNXKGTCpKPUGTXKDNGqUGRWGFGTGVKTCTNCE½OCTCFGN GPFQUEQRKQ[RTQUGIWKTNCKPVGTXGPEKÏPDCLQEQPVTQN XKUWCN5KGUVQPQHWGTCRQUKDNGGNEKTWLCPQJCDT½FG FGEKFKTNCOGLQTHQTOCFGRTQUGIWKT2CTCGUVQUECUQU TGEQOGPFCOQUFKURQPGTFGWPUKUVGOCFGTGECODKQ %7+&#&1'ZKUVGRGNKITQFGGZRNQUKÏPUKUGGO RNGCPICUGUPCTEÏVKEQUKPƃCOCDNGUGPNCUKPOGFKC EKQPGUFGNGSWKRQ %7+&#&1}0QCDTCGNCRCTCVQ2GNKITQFGFGUECT ICGNÅEVTKEC.QUVTCDCLQUFGUGTXKEKQVÅEPKEQFGDGP UGTTGCNKCFQUÖPKECOGPVGRQTRGTUQPCNCWVQTKC FQRQTGNHCDTKECPVG5KGNGSWKRQGUCDKGTVQRQT RGTUQPCUPQCWVQTKCFCUKORNKECNCGZVKPEKÏPFGNQU FGTGEJQUFGICTCPVÉC7PKECGZEGREKÏPNCUVCTGCU FGUETKVCUGPGUVGOCPWCN %7+&#&1.CEQPGZKÏPCVKGTTCFGGUVGGSWKRQGU ÖPKECOGPVGƂCDNGUKUGGPEWGPVTCEQPGEVCFQCWP GPEJWHGEQPRWGUVCCVKGTTCFGDKFCOGPVGKPUVCNCFQ %QPVTQNGGNECDNG[GNGPEJWHGEQPTGIWNCTKFCF[PQ NQUWVKNKEGUKGUV½PFGVGTKQTCFQU %7+&#&1.CKPUVCNCEKÏPGNÅEVTKECFGNSWKTÏHCPQ FQPFGGNCRCTCVQGUV½EQPGEVCFQ[GPUGTXKEKQ FGDGEWORNKTNQUTGSWKUKVQUGZKIKFQURQTNCUPQTOCU %'+XKIGPVGU %7+&#&1#PVGUFGEWCNSWKGTOCPKRWNCEKÏPFGU EQPGEVGGNGSWKRQFGNCTGF %7+&#&1/CPVGPICNCWPKFCFNGLQUFGNCNECPEG FGNQURCEKGPVGU %7+&#&12QTTCQPGUFGUGIWTKFCFPQUGFGDG '064#4GPEQPVCEVQUKOWNV½PGCOGPVGEQPNQU EQPGEVQTGUFGUCNKFCFGNCRCTCVQ[EQPGNRCEKGPVG %7+&#&1#NGHGEVWCTNCNKORKGCFGNCRCTCVQ [NCRTGRCTCEKÏPGUVGTKNKCEKÏPFGCEEGUQTKQUFG CRCTCVQU pWPKFCFFGNECDGCNFGE½OCTCq QDUGTXG KORTGUEKPFKDNGOGPVGNCUKPFKECEKQPGUEQPVGPKFCUGP GN/CPWCNFGKPUVTWEEKQPGU

5KEJGTJGKVUJKPYGKUG

5CHGV[KPUVTWEVKQPU

+PUVTWEEKQPGUFGUGIWTKFCF

9CTPWPF8QTUKEJVUJKPYGKUG

9CTPKPIUCPFECWVKQPU

+PFKECEKQPGUFGCNCTOC[CFXGTVGPEKC

9#4070)#NNG#DYGKEJWPIGPXQPFGPGOR HQJNGPGP8GTHCJTGPHØTFKG5VGTKNKUKGTWPIUKPFXQO $GPWVGTWXCNKFKGTGP

9#40+0)#P[FGXKCVKQPUHTQOVJGTGEQOOGPFGF RCTCOGVGTUHQTUVGTKNKCVKQPUJQWNFDGXCNKFCVGFD[ VJGWUGT

%7+&#&1%WCNSWKGTFGUXKCEKÏPFGNQURCT½OGVTQU FGGUVGTKNKCEKÏPTGEQOGPFCFQUFGDGT½UGTXCNKFCFC RQTGNWUWCTKQ

9#4070)'KPGUKEJGTJGKVUVGEJPKUEJG7PDGFGPM NKEJMGKVDGK-QODKPCVKQPGPXQP/GFKKPRTQFWMVGPKUV PWTFCPPIGIGDGPYGPP r FKGUGKPFGPLGYGKNKIGP)GDTCWEJUCPYGKUWPIGP CNUUQNEJGCWUIGYKGUGPUKPFQFGT r FKG<YGEMDGUVKOOWPIWPFFKG5EJPKVVUVGNNGP URGKHKMCVKQPFGTKPFGT-QODKPCVKQPXGTYGPFGVGP 2TQFWMVGFKGUWNÀUUV XIN+'%| 

9#40+0)%QODKPCVKQPUQHOGFKECNFGXKEGUCTG QPN[CUUWTGFVQDGUCHGKH r VJG[CTGKFGPVKHKGFCUUWEJKPVJGTGURGEVKXG KPUVTWEVKQPOCPWCNUQT r VJGKPVGPFGFRWTRQUGCPFKPVGTHCEGURGEKHKECVKQPU QHVJGFGXKEGUWUGFKPEQODKPCVKQPRGTOKVVJKU ER+'%| 

%7+&#&17PCCRNKECEKÏPVÅEPKEC[FGUGIWTKFCF UKPQDLGEKQPGUGPGNECUQFGEQODKPCEKQPGUFG RTQFWEVQUOÅFKEQURWGFGFCTUGÖPKECOGPVGUK r NQUOKUOQUGUV½PKPFKECFQUGZRTGUCOGPVGEQOQ VCNGUGPNQU/CPWCNGUFGKPUVTWEEKQPGUTGURGEVK XQUQ r UKNCFGVGTOKPCEKÏPFGCRNKECEKÏP[NCGURGEKHKEC EKÏPFGKPVGTHCFGNQURTQFWEVQUWVKNKCFQUGP EQODKPCEKÏPNQRGTOKVGP XÅCUG%'+| 

9#4070)&KGCP#PCNQIWPF&KIKVCNUEJPKVV UVGNNGP 5KIPCNGKPWPFCWUIÀPIG CPUEJNKG»DCTGP <WUCVIGTÀVGOØUUGPIGOÀ»FGT+'%|HØT GNGMVTQOGFKKPKUEJG)GTÀVGWPFWUÀVNKEJFGT+'% HØT&CVGPXGTCTDGKVWPIUIGTÀVGCWHIGDCWVWPF IGRTØHVUGKP#W»GTFGOOØUUGPCNNG-QODKPCVKQPGP FGT5[UVGOPQTO+'%GPVURTGEJGP9GT WUÀVNKEJG)GTÀVGCPFKG5KIPCNGKPQFGTCWUIÀPIG CPUEJNKG»VMQPƂIWTKGTVGKPOGFKKPKUEJGU5[UVGO WPFKUVFGUJCNDFCHØTXGTCPVYQTVNKEJFCUUFCU5[U VGOFKG#PHQTFGTWPIGPIGO+'%|GTHØNNV +O<YGKHGNUHCNNUKPF#PHTCIGPCPFKGVGEJPKUEJG#D VGKNWPIQFGTFGPWUVÀPFKIGP8GTVTGVGTWTKEJVGP 9#4070)<WT8GTOGKFWPIXQP8GTDTGPPWPIGP DGKGPFQUMQRKUEJGP'KPITKHHGPOØUUGP1RGTCVGWTG FCPPDGUQPFGTUXQTUKEJVKIUGKPYGPPGNGMVTKUEJG 1RGTCVKQPUKPUVTWOGPVGXGTYGPFGVYGTFGPFKGPKEJV XQO6[R$(%(UKPF 9#4070)&CUFWTEJFCU'PFQUMQRCWUIG UVTCJNVG*QEJNGKUVWPIUNKEJVMCPPCO.KEJVCWUICPI CPFGP'PFƃÀEJGPFGU.KEJVMCDGNUWPFCPFGT5RKV GFGU'PFQUMQRUWJQJGP6GORGTCVWTGPHØJTGP 7OFCU4KUKMQXQP8GTDTGPPWPIGPIGTKPIWJCNVGP FKG.KEJVSWGNNGKOOGTOKVFGTMNGKPUVOÒINKEJGP *GNNKIMGKVUGKPUVGNNWPIDGVTGKDGPFKGHØTQRVKOCNGP $GNGWEJVWPIFGUGPFQUMQRKUEJGP)GDKGVUGTHQTFGT NKEJKUVYGPPFKGUGOKVFGT8KFGQMCOGTCIGMQRRGNV KUV &KGUIKNVPWTHØTFGP5VCPFCTF/QFWUUKGJG )GDTCWEJUCPYGKUWPI&.+)*6%%#(DY2 



9#40+0)#EEGUUQT[GSWKROGPVEQPPGEVGFVQ VJGCPCNQICPFFKIKVCNKPVGTHCEGU UKIPCNKPRWVUCPF QWVRWVU OWUVDGUGVWRCPFVGUVGFCEEQTFKPI VQ+'%HQTOGFKECNGNGEVTKECNGSWKROGPV CPFCFFKVKQPCNN[VQ+'%HQTFCVCRTQEGUUKPI GSWKROGPV(WTVJGTOQTGCNNEQPƂIWTCVKQPUUJCNN EQORN[YKVJVJGU[UVGOUVCPFCTF+'%| #P[RGTUQPYJQEQPPGEVUCFFKVKQPCNGSWKROGPVVQ VJGUKIPCNKPRWVRCTVQTUKIPCNQWVRWVRCTVEQPƂ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

%7+&#&1.QUGSWKRQUCEEGUQTKQUEQPGEVCFQU CNCUKPVGTHCEGUCPCNÏIKEC[FKIKVCN GPVTCFCU[ UCNKFCUFGUGÍCNGU FGDGPJCDGTUKFQEQPUVTWKFQU[ XGTKƂECFQUEQPHQTOGCNCPQTOC%'+RCTC CRCTCVQUGNÅEVTKEQUOÅFKEQU[CUKOKUOQNCPQTOC %'+RCTCGSWKRQRTQEGUCFQTFGFCVQU #UKOKUOQVQFCUNCUEQPƂIWTCEKQPGUFGDGPEWORNKT EQPNCPQTOC%'+RCTCUKUVGOCU%WCN SWKGTRGTUQPCSWGEQPGEVGWPGSWKRQCFKEKQPCNC NCUGPVTCFCUQUCNKFCUFGUGÍCNGUGUV½EQPƂIWTCPFQ WPUKUVGOCOÅFKEQ[GURQTNQVCPVQTGURQPUCDNG FGSWGGNUKUVGOCEWORNCEQPNQUTGSWKUKVQUFGNC PQTOC%'+'PECUQFGFWFCEQPUWNVG EQPGNFGRCTVCOGPVQFG5GTXKEKQ6ÅEPKEQQEQPUW TGRTGUGPVCPVGNQECN %7+&#&1%QPGNƂPFGGXKVCTSWGOCFWTCU FWTCPVGNCUKPVGTXGPEKQPGUGPFQUEÏRKECUNQU EKTWLCPQUFGDGPVGPGTGZVTGOCRTGECWEKÏPCNWVKNKCT KPUVTWOGPVQUSWKTÖTIKEQUGNÅEVTKEQUSWGPQUGCPFGN VKRQ$(%( %7+&#&1.CNWFGCNVCRQVGPEKCSWGUGGOKVGC VTCXÅUFGNGPFQUEQRKQRWGFGRTQFWEKTVGORGTCVW TCUGNGXCFCUGPNCUCNKFCFGNWGPNCUUWRGTƂEKGU FGNQUGZVTGOQUFGNECDNGFGNW[GPNCRWPVCFGN GPFQUEQRKQ2CTCTGFWEKTGNTKGUIQFGSWGOCFWTCU WVKNKEGUKGORTGNCHWGPVGFGNWEQPGNCLWUVGFG DTKNNQOÉPKOQRQUKDNGPGEGUCTKQRCTCNCKNWOKPCEKÏP ÏRVKOCFGN½TGCGPFQUEÏRKECEWCPFQNCHWGPVG GUVÅCEQRNCFCCNCE½OCTCFGXÉFGQ 'UVQUÏNQGU X½NKFQRCTCGNOQFQGUV½PFCTXÅCUGGN/CPWCNFG KPUVTWEEKQPGUFGNUKUVGOC&.+)*6%%#(Q2 

5KEJGTJGKVUJKPYGKUG

5CHGV[KPUVTWEVKQPU

+PUVTWEEKQPGUFGUGIWTKFCF

9CTPWPF8QTUKEJVUJKPYGKUG

9CTPKPIUCPFECWVKQPU

+PFKECEKQPGUFGCNCTOC[CFXGTVGPEKC

9#4070)2CVKGPVGPCDNGKVUVTÒOGMÒPPGPUKEJ CFFKGTGPYGPP'PFQUMQRGOKVGPGTIGVKUEJDG VTKGDGPGOGPFQUMQRKUEJXGTYGPFDCTGO<WDGJÒT XGTYGPFGVYGTFGP&CUKUVDGUQPFGTUYKEJVKI YGPPGKP'PFQUMQR#PYGPFWPIUVGKNFGU6[RU %(GKPIGUGVVYKTF+PFKGUGO(CNNUQNNVGCWEJGKP GPFQUMQRKUEJXGTYGPFDCTGU<WDGJÒTXQO6[R%( XGTYGPFGVYGTFGPWOFGPIGUCOVGP2CVKGPVGP CDNGKVUVTQOWOKPKOKGTGP

9#40+0)9JGPGPFQUEQRGUCTGWUGFYKVJGPGT IKGFGPFQUEQRKECNN[WUGFCEEGUUQTKGUVJGRCVKGPV NGCMCIGEWTTGPVUOC[DGCFFKVKXG6JKUKURCTVKEWNCTN[ KORQTVCPVKHC6[RG%(GPFQUEQRGKUWUGFKPYJKEJ ECUGC6[RG%(GPFQUEQRKECNN[WUGFCEEGUUQT[ UJQWNFDGWUGFKPQTFGTVQOKPKOKGVJGVQVCNRCVKGPV NGCMCIGEWTTGPV

%7+&#&1.CUEQTTKGPVGUFGHWICFGNRCEKGPVG RWGFGPCEWOWNCTUGUKUGWVKNKCPGPFQUEQRKQUEQP CEEGUQTKQURCTCWUQGPFQUEÏRKEQCEVKXCFQURQT GPGTIÉC'UVQGURCTVKEWNCTOGPVGKORQTVCPVGUKUG WVKNKCWPCRKGCFGCRNKECEKÏPGPFQUEÏRKECFGNVKRQ %('PGUVGECUQJCFGGORNGCTUGVCODKÅPWPCE EGUQTKQRCTCWUQGPFQUEÏRKEQFGNVKRQ%(EQPGNƂP FGOKPKOKCTNCEQTTKGPVGVQVCNFGHWICFGNRCEKGPVG

9#4070)8QTLGFGT8GTYGPFWPIUKPFFKG #W»GPƃÀEJGPFGT6GKNGFGU'PFQUMQRUWPFFGU 'PFQUMQR<WDGJÒTUFKGKPFGP2CVKGPVGPGKPIG HØJTVYGTFGPUQNNGPCWHHGJNGTJCHVGTCWG(NÀEJGP UEJCTHGP-CPVGPQFGT8QTURTØPIGWØDGTRTØHGP WO5KEJGTJGKVUTKUKMGPCWUWUEJCNVGP 9#4070)$GKPKEJVXQTDGTGKVGVGP2CVKGPVGP MÒPPGPKO)CUVTQKPVGUVKPCNVTCMVOCPEJOCNØPF HÀJKIG)CUGXQTJCPFGPUGKP&WTEJDGUVKOOVG 5WDUVCPGPHØTFKG8QTDGTGKVWPIFGUWPVGTGP 8GTFCWWPIUVTCMVGUMCPPFKG'TGWIWPIXQP/GVJCP IGHÒTFGTVYGTFGP&KGUIKNVKODGUQPFGTGP/C»GHØT FKG-QNQUMQRKGKUVCDGTCWEJXQOQDGTGP)CUVTQKP VGUVKPCNVTCMVDGTKEJVGVYQTFGP9GKVGTJKPKUVDGKFGT VTCPUWTGVJTCNGP4GUGMVKQPFGT2TQUVCVCDGQDCEJVGV YQTFGPFCUUUKEJKPFGT$NCUGQDGTJCNDFGT5RØN ƃØUUKIMGKV9CUUGTUVQHHCPUCOOGNPMCPP'PVHGTPGP 5KGXQT8GTYGPFWPIXQP*QEJHTGSWGP1RGTCVKQPU KPUVTWOGPVGPCNNGDTGPPDCTGP)CUGKO&KEMFCTO FGT$NCUGQFGTCPFGTGP-ÒTRGTMCXKVÀVGP 9#4070)9KTFFCU-COGTCU[UVGODGKGKPGO EJKTWTIKUEJGP'KPITKHHWPVGTINGKEJGKVKIGT8GTYGP FWPIGKPGU.CUGTUDGPWVVUKPFFKG#WIGPFGU 1RGTCVGWTUKPDGUQPFGTGT9GKUGWUEJØVGP 'TUQNNVGKOOGTFCPPGKPGP#WIGPUEJWVVTCIGP YGPPGTFCU1RGTCVKQPUIGDKGVFKTGMVFWTEJFCU 'PFQUMQRDGVTCEJVGV



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ƃCOOCDNGICUUGUKP VJGEQNQPDNCFFGTQTQVJGTDQF[ECXKVKGURTKQTVQ WUGQHJKIJHTGSWGPE[UWTIKECNGSWKROGPV 9#40+0)9JGPWUKPIVJGECOGTCU[UVGOKPC UWTIKECNFKUEKRNKPGGORNQ[KPICNCUGTECWVKQPUJQWNF DGVCMGPVQRTGXGPVG[GFCOCIGVQVJGQRGTC VQT6JGQRGTCVQTUJQWNFYGCTRTQVGEVKXGINCUUGU YJGPGXGTXKGYKPIVJGUWTIKECNUKVGFKTGEVN[VJTQWIJ VJGGPFQUEQRG   

%7+&#&1#PVGUFGECFCCRNKECEKÏPEQORTWG DGUKNCUUWRGTƂEKGUGZVGTKQTGUFGNCURKGCUFGN GPFQUEQRKQ[NQUCEEGUQTKQUGPFQUEÏRKEQUSWG JC[CPFGKPVTQFWEKTUGGPWPRCEKGPVGRTGUGPVCP UWRGTƂEKGU½URGTCUFGHGEVWQUCUDQTFGUCƂNCFQUQ RTQVWDGTCPEKCUSWGRWFKGTCPTGRTGUGPVCTWPTKGUIQ RCTCGNRCEKGPVG %7+&#&1#XGEGUUGGPEWGPVTCICUEQODWUVK DNGGPGNVTCEVQICUVTQKPVGUVKPCNFGWPRCEKGPVGPQ RTGRCTCFQ.CRTQFWEEKÏPFGICUOGVCPQRWGFG CWOGPVCTEQPGNWUQFGEKGTVCUUWUVCPEKCURCTCNC RTGRCTCEKÏPFGNVTCEVQICUVTQKPVGUVKPCNKPHGTKQT'UVQ GURCTVKEWNCTOGPVGTGNGXCPVGGPEQNQPQUEQRKCRGTQ VCODKÅPUGJCTGRQTVCFQGPGNVTCEVQICUVTQKP VGUVKPCNUWRGTKQT#FGO½UGZKUVGPKPHQTOGUFG SWGRWGFGCEWOWNCTUGJKFTÏIGPQGPNCXGLKICRQT GPEKOCFGNCUQNWEKÏPFGKTTKICEKÏPFWTCPVGNCTG UGEEKÏPVTCPUWTGVTCNFGNCRTÏUVCVC#PVGUFGWVKNKCT KPUVTWOGPVQUSWKTÖTIKEQUFGCNVCHTGEWGPEKCGNKOKPG VQFQUNQUICUGUKPƃCOCDNGUFGNKPVGUVKPQITWGUQFG NCXGLKICQFGQVTCUECXKFCFGUEQTRQTCNGU %7+&#&15KUGWVKNKCGNUKUVGOCFGE½OCTCGP WPCKPVGTXGPEKÏPSWKTÖTIKECUKOWNV½PGCOGPVGEQP WPCRCTCVQFGN½UGTJC[SWGRTQVGIGTFGDKFCOGPVG NQUQLQUFGNEKTWLCPQ'NEKTWLCPQFGDGNNGXCTUKGORTG WPCRTQVGEEKÏPQEWNCTCNQDUGTXCTNCQPCFGQRGTC EKÏPFKTGEVCOGPVGCVTCXÅUFGNGPFQUEQRKQ

8145+%*6&KGUGU)GTÀVFCTHYÀJTGPFFGT'PVNC FWPIGKPGU&GƂDTKNNCVQTUPKEJVXGTYGPFGVYGTFGP #NNGGPFQUMQRKUEJGP)GTÀVGXQO2CVKGPVGPWPFCWU FGO1RGTCVKQPUDGTGKEJGPVHGTPGP

%#76+106JKUGSWKROGPVOC[PQVDGWUGFFWTKPI VJGFKUEJCTIGQHCECTFKCEFGƂDTKNNCVQT4GOQXGCNN GPFQUEQRKEGSWKROGPVHTQORCVKGPVEQPVCEVCPF HTQOVJGUWTIKECNUKVG

#&8'46'0%+#'UVGGSWKRQPQRWGFGWUCTUG FWTCPVGNCFGUECTICFGWPFGUƂDTKNCFQT/CPVGP ICVQFQUNQUCRCTCVQUGPFQUEÏRKEQUCNGLCFQUFGN RCEKGPVG[FGNCQPCFGQRGTCEKÏP

8145+%*6'KP'KPFTKPIGPXQP(NØUUKIMGKVKP FCU)GJÀWUGKUVWPDGFKPIVWXGTOGKFGP-GKPG (NØUUKIMGKVCWHQFGTØDGTFGO)GTÀVNCIGTP

%#76+10&QPQVUVQTGNKSWKFUQPQTCDQXGVJG FGXKEG#XQKFCNNQYKPIƃWKFUVQGPVGTVJGWPKV

#&8'46'0%+#'XKVGCVQFCEQUVCSWGRGPGVTGP NÉSWKFQUGPGNKPVGTKQTFGNGSWKRQ0QFGRQUKVGNÉSWK FQUGPEKOCFGQUQDTGNCWPKFCF

-#4.|5614<(NWQTGUGP 5[UVGO -#4.|5614<(NWQTGUEGPEG 5[UVGO 5KUVGOCFGHNWQTGUEGPEKCFG -#4.|5614<



5KEJGTJGKVUJKPYGKUG

5CHGV[KPUVTWEVKQPU

+PUVTWEEKQPGUFGUGIWTKFCF

9CTPWPF8QTUKEJVUJKPYGKUG

9CTPKPIUCPFECWVKQPU

+PFKECEKQPGUFGCNCTOC[CFXGTVGPEKC

8145+%*6&CU)GTÀVPWTOKVFGTCWHFGO6[RGP UEJKNFCPIGIGDGPGP5RCPPWPIDGVTGKDGP

%#76+101PN[QRGTCVGVJGWPKVYKVJVJGXQNVCIG UVCVGFQPVJGWPKVoUKFGPVKƂECVKQPRNCVG

#&8'46'0%+#%QPGEVGCNCTGFUÏNQEQPNCVGP UKÏPKPFKECFCGPNCRNCECFGGURGEKƂECEKQPGU

8145+%*6$GK5KEJGTWPIUYGEJUGNPWT5KEJGTWP IGPOKVFGPCPIGIGDGPGP9GTVGPXGTYGPFGP

%#76+109JGPTGRNCEKPIHWUGUWUGQPN[HWUGUQH VJGUCOGTCVKPI

#&8'46'0%+#7VKNKEGUÏNQHWUKDNGUEQPNCU ECTCEVGTÉUVKECUKPFKECFCU

9#4070)9KGDGKPCJGWCNNGP &KCIPQUGXGTHCJTGPMÒPPGPCWEJDGKFGT (NWQTGUGPIGUVØVVGP8KUWCNKUKGTWPI HCNUEJRQUKVKXGWPFHCNUEJPGICVKXG 'TIGDPKUUGCWHVTGVGP'KPG'XCNWKGTWPIØDGT CPFGTG/GVJQFGPKUVPQVYGPFKI 8145+%*60WTFKGURGKGNNHØTFKG (NWQTGUGP'PFQUMQRGGPVYKEMGNVGP (NWKF.KEJVMCDGNFØTHGPXGTYGPFGVYGTFGP

9#40+0)#UYKVJXKTVWCNN[CNNFKCIPQUVKE OGVJQFUHCNUGRQUKVKXGCPFHCNUGPGICVKXG TGUWNVUECPQEEWTKPƃWQTGUEGPEG UWRRQTVGFXKUWCNKCVKQP %#76+101PN[VJGƃWKFNKIJVECDNGU FGXGNQRGFGURGEKCNN[HQTVJGƃWQTGUEGPEG GPFQUEQRGUOC[DGWUGF

%7+&#&1%QOQQEWTTGGPECUKVQFQUNQU RTQEGFKOKGPVQUFKCIPÏUVKEQUVCODKÅPGPGN TGEQPQEKOKGPVQFGVWOQTGUCRQ[CFQRQTGN UKUVGOCFGƃWQTGUEGPEKCRWGFGPCRCTGEGT TGUWNVCFQURQUKVKXQU[PGICVKXQUGTTÏPGQU #&8'46'0%+#5ÏNQFGDGPWVKNKCTUGNQU ECDNGUFGNWRQTOGFKQƃWKFKCFQ FGUCTTQNNCFQUGURGEKCNOGPVGRCTCNQU GPFQUEQRKQUFGƃWQTGUEGPEKC

-#4.|5614<(NWQTGUGP 5[UVGO -#4.|5614<(NWQTGUEGPEG 5[UVGO 5KUVGOCFGHNWQTGUEGPEKCFG -#4.|5614<



5KEJGTJGKVUJKPYGKUG

5CHGV[KPUVTWEVKQPU

+PUVTWEEKQPGUFGUGIWTKFCF

/CEJGP5KGUKEJXQTFGTGTUVGP#PYGPFWPI FGU)GTÀVGUCO2CVKGPVGPWPDGFKPIVOKVFGT (WPMVKQPUYGKUGWPF$GFKGPWPIFGU)GTÀVGUXGT VTCWV

$GHQTGWUKPIVJGWPKVQPVJGRCVKGPVKVKUKORGTCVKXG VJCV[QWDGCESWCKPVGFYKVJJQYVJGWPKVQRGTCVGU CPFKUEQPVTQNNGF

(COKNKCTÉEGUGCHQPFQEQPNQUOQFQUFGHWPEKQPC OKGPVQ[GNOCPGLQFGNGSWKRQCPVGUFGGORNGCTNQ RQTRTKOGTCXGEQPWPRCEKGPVG

$GUVKOOWPIUIGOÀ»G 8GTYGPFWPI

+PVGPFGFWUG

'ORNGQRTGXKUVQ

&KG64+%#/Š5.++%%7KUVGKP8KFGQU[UVGO FCUCPGKPUVCTTGUQFGTHNGZKDNGU'PFQUMQR  UQYKGCP/KMTQUMQRGCPIGUEJNQUUGPYKTFWPF HØTFGP'KPUCVDGKCNNIGOGKPGPGPFQUMQRKUEJGP 'KPITKHHGPMQPKRKGTVKUV&KG8GTYGPFWPIFGT -COGTCHØTCPFGTG#PYGPFWPIUIGDKGVGKUVCWU 5KEJGTJGKVUITØPFGPPKEJVWNÀUUKI +OURGKGNNGP(NWQTGUGP/QFWUMCPPUKG KP-QODKPCVKQPOKVURGKGNNGP.KEJVSWGNNGP &.+)*6%%#(2 (NWKF.KEJVMCDGNP (NWQTGUGP'PFQUMQRGPWPFIIHIGGKIPGVGP /CTMGTUWDUVCPGPWT(NWQTGUGP&KCIPQUVKMGKP IGUGVVYGTFGP &GT64+%#/Š%/QWPV-COGTCMQRHDGPÒVKIVHØT FKG8GTYGPFWPIOKV'PFQUMQRGPGKPGPURGKGNNGP #FCRVGT

6JG64+%#/Š5.++%%7KUCXKFGQU[UVGOYJKEJ KUCVVCEJGFVQGKVJGTCTKIKFQTHNGZKDNGGPFQUEQRG  CUYGNNCUVQOKETQUEQRGUCPFKUKPVGPFGFCPF FGUKIPGFHQTWUGFWTKPIIGPGTCNGPFQUEQRKERTQ EGFWTGU7UGQHVJGECOGTCKPQVJGTCRRNKECVKQPUKU PQVCNNQYGFHQTUCHGV[TGCUQPU

.C%%764+%#/Š5.++GUWPUKUVGOCFGXÉFGQSWG UGEQPGEVCCWPGPFQUEQRKQTÉIKFQQHNGZKDNG [C OKETQUEQRKQU[SWGJCUKFQFKUGÍCFCRCTCUWCRNK ECEKÏPGPKPVGTXGPEKQPGUGPFQUEÏRKECUGPIGPGTCN 2QTTCQPGUFGUGIWTKFCFPQGUV½RGTOKVKFQWVKNKCT NCE½OCTCGPQVTQUECORQUFGCRNKECEKÏP

+PVJGURGEKCN(NWQTGUEGPEGOQFGKVECPDGWUGF YKVJUWKVCDNGNKIJVUQWTEGU &.+)*6%%#(2  HNWKFNKIJVECDNGUHNWQTGUEGPEGGPFQUEQRGUCPFKH CRRNKECDNGUWKVCDNGOCTMGTUWDUVCPEGUHQTHNWQTGU EGPEGFKCIPQUVKEU 6QWUGVJG64+%#/Š%OQWPVECOGTCJGCF VQIGVJGTYKVJGPFQUEQRGUCURGEKCNCFCRVQTKU TGSWKTGF 

&KGUG%%7FCTHPWTOKV<WDGJÒT8GTUEJNGK» WPF'KPYGICTVKMGNPDGVTKGDGPYGTFGPFKGXQP -#4.|5614<HØTFGP)GDTCWEJOKVFGT-COGTC CNUIGGKIPGVDGGKEJPGVYGTFGPQFGTFGTGPUKEJGTG 8GTYGPFWPIPCEJIGYKGUGPKUV'KIGPOÀEJVKIG 7ODCWVGPQFGT8GTÀPFGTWPIGPFGU)GTÀVGUUKPF CWU5KEJGTJGKVUITØPFGPWPVGTUCIV

6JKU%%7OC[QPN[DGWUGFYKVJCEEGUUQTKGU YGCTKPIRCTVUCPFFKURQUCDNGKVGOUYJKEJCTG FGUKIPCVGFD[-#4.|5614<CUUWKVCDNGHQTVJG ECOGTCQTVJGUCHGWUGQHYJKEJKURTQXGP(QT UCHGV[TGCUQPUFQPQVRGTHQTOWPCWVJQTKGFEQP XGTUKQPUQTOQFKHKECVKQPUVQVJGECOGTC

'PGNOQFQGURGEKCNFGHNWQTGUEGPEKCRWGFGUGT GORNGCFCRCTCGNFKCIPÏUVKEQRQTHNWQTGUEGPEKC GPEQODKPCEKÏPEQPHWGPVGUFGNWGURGEKCNGU &.+)*6%%#(2 ECDNGUFGNWRQTOGFKQ HNWKFKCFQGPFQUEQRKQUFGHNWQTGUEGPEKC[GPECUQ PGEGUCTKQEQPUWDUVCPEKCUCRTQRKCFCURCTCNC OCTECEKÏP 'NECDGCNFGE½OCTC64+%#/Š%/QWPVTGSWKG TGWPCFCRVCFQTGURGEKCNRCTCUWWVKNKCEKÏPEQP GPFQUEQRKQU 'UVC%%7FGDGWVKNKCTUGÖPKECOGPVGEQPCEEGUQ TKQURKGCUFGTGRWGUVQ[CTVÉEWNQUFGUGEJCDNGU SWG-#4.|5614<JC[CKFGPVKHKECFQEQOQCFGEWC FQURCTCUWWUQEQPNCE½OCTCQEW[CCRNKECEKÏP UGIWTCJC[CUKFQRTQDCFC2QTTCQPGUFGUGIW TKFCFGUV½RTQJKDKFQGHGEVWCTTGHQTOCUQECODKQU CTDKVTCTKQUGPGNCRCTCVQ

3WCNKHKMCVKQPFGU#PYGPFGTU

7UGTSWCNKHKECVKQP

%CRCEKVCEKÏPFGNWUWCTKQ

&KG64+%#/Š5.++-COGTCMQPVTQNNGKPJGKVFCTHPWT XQP TVGPWPFOGFKKPKUEJGO#UUKUVGPRGTUQPCN CPIGYGPFGVYGTFGPFKGØDGTGKPGGPVURTGEJGPFG HCEJNKEJG3WCNKHKMCVKQPXGTHØIGPWPFCPFGP)GTÀVGP GKPIGYKGUGPUKPF

6JG64+%#/Š5.++%%7OC[QPN[DGWUGFD[ RJ[UKEKCPUCPFOGFKECNCUUKUVCPVUYJQJCXGCEQT TGURQPFKPIURGEKCNKGFSWCNKHKECVKQPCPFYJQJCXG DGGPKPUVTWEVGFKPWUGQHVJGWPKV

.CWPKFCFFGEQPVTQNFGNCE½OCTC64+%#/Š5.++ UÏNQRWGFGUGTGORNGCFCRQTOÅFKEQU[RGTUQPCN FGCUKUVGPEKCOÅFKECSWGFKURQPICPFGWPCEWCNK HKECEKÏPRTQHGUKQPCNCFGEWCFC[SWGJC[CPTGEKDKFQ KPUVTWEEKQPGUUQDTGNCWVKNKCEKÏPFGNQUCRCTCVQU

60˚



5KEJGTJGKVUJKPYGKUG

5CHGV[KPUVTWEVKQPU

+PUVTWEEKQPGUFGUGIWTKFCF

5KEJGTJGKVUOC»PCJOGPCO #WHUVGNNQTV

5CHGV[RTGECWVKQPUCVVJGUKVGQH KPUVCNNCVKQP

/GFKFCUFGUGIWTKFCFGPGNNWICT FGGORNCCOKGPVQ

&CU)GTÀVFCTHPWTKPOGFKKPKUEJIGPWVVGP 4ÀWOGPDGPWVVYGTFGPFGTGPGNGMVTKUEJG #PNCIGPPCEJFGPPCVKQPCNIØNVKIGP8QTUEJTKHVGP KPUVCNNKGTVUKPF &CU)GTÀVKUVOKVGKPGT5VGEMXQTTKEJVWPIHØT FGP2QVGPVKCNCWUINGKEJCWUIGTØUVGV&KGUGPCEJ /C»ICDGFGTPCVKQPCNIØNVKIGP8QTUEJTKHVGP CPUEJNKG»GP 'UKUVPKEJVHØTFGP$GVTKGDKPGZRNQUKQPUIGHÀJT FGVGP$GTGKEJGPDGUVKOOV&KGUDGFGWVGVWC $GK8GTYGPFWPIXQPNGKEJVDTGPPDCTGPWPFGZRNQ UKQPUHÀJKIGP+PJCNCVKQPU#PÀUVJGUKGOKVVGNPWPF FGTGP)GOKUEJGPFCTHFCU)GTÀVPKEJVKPFGTFCT IGUVGNNVGP)GHCJTGPQPGDGVTKGDGPYGTFGP&KGUGU IKNVCWEJHØTNGKEJVDTGPPDCTGWPFGZRNQUKQPUHÀ JKIG%JGOKMCNKGP$*CWVFGUKPHGMVKQPUWPF (NÀEJGPUEJPGNNFGUKPHGMVKQPUOKVVGN

6JGWPKVOC[QPN[DGWUGFKPOGFKECNTQQOUYJQUG GNGEVTKECNU[UVGOUJCXGDGGPKPUVCNNGFKPCEEQT FCPEGYKVJCRRNKECDNGPCVKQPCNTGIWNCVKQPU 6JGWPKVKUGSWKRRGFYKVJCEQPPGEVQTHQTCVVCEJKPI CITQWPFNKPG+VUJQWNFDGEQPPGEVGFDGHQTGRQYGT KUCRRNKGFVQVJGWPKVKPEQORNKCPEGYKVJEWTTGPV PCVKQPCNTGIWNCVKQPU +VKUPQVKPVGPFGFHQTWUGKPJCCTFQWUQPGU 6JKUOGCPUHQTGZCORNGVJCVYJGPWUKPIGCUKN[ EQODWUVKDNGCPFGZRNQUKXGKPJCNCVKQPCPGUVJGVKEU QTOKZVWTGUVJGTGQHVJGWPKVOWUVPQVDGQRGTCVGF KPUKFGVJGJCCTFQPGUJQYPKPVJGFKCITCO6JKU CNUQCRRNKGUHQTGCUKN[EQODWUVKDNGCPFGZRNQUKXG EJGOKECNUGIUMKPFKUKPHGEVCPVUCPFHCUVCEVKPI UWTHCEGFKUKPHGEVCPVU

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5KEJGTJGKVUOC»PCJOGPDGKO 'KPUCVFGU)GTÀVGU

5CHGV[RTGECWVKQPUYJGP QRGTCVKPIVJGWPKV

/GFKFCUFGUGIWTKFCFFWTCPVGGN GORNGQFGNGSWKRQ

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+VKUVJGWUGToUTGURQPUKDKNKV[VQOCMGUWTGVJG GSWKROGPVKUUCHGCPFQRGTCVGURTQRGTN[DGHQTG WUG &WTKPIVTGCVOGPVYKVJVJG64+%#/Š5.++VJG RCVKGPVOWUVDGVTGCVGFCPFMGRVWPFGTQDUGTXCVKQP YKVJVJGWUWCNOGFKECNECTG6JKUKPENWFGUMGGR KPICEJGEMQPVJGRTQITGUUQHVTGCVOGPVCUYGNN CUOQPKVQTKPIUVGTKNGCRRNKECVKQPEQPFKVKQPUYJGTG TGSWKTGFD[VJGV[RGQHKPVGTXGPVKQP %'OCTMGFGSWKROGPVJCUDGGPVGUVGFCPFHQWPF VQEQORN[YKVJVJG'/%NKOKVUHQTVJG/GFKECN &GXKEG&KTGEVKXG''% '0%NCUU# CPF'0|  2NGCUGTGCFVJG'NGEVTQOCIPGVKE%QORCVKDKNKV[ +PHQTOCVKQPKPVJGCRRGPFKZ R 

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#WHUVGNNGPWPF $GFKGPWPIUJKPYGKUG

+PUVCNNCVKQPCPF QRGTCVKPIKPUVTWEVKQPU

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#WURCEMGP

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&GUGODCNCLG

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)TWPFCWUUVCVVWPI

$CUKEGSWKROGPV

'SWKRQD½UKEQ

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-QORCVKDNG-COGTCMÒRHG

%QORCVKDNGECOGTCJGCFU

%CDGCNGUEQORCVKDNGUFGE½OCTC

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64+%#/Š2CTHQECN <QQO‡#WVQENCXG— 64+%#/Š2#. 2CTHQECN<QQO 64+%#/Š%    64+%#/Š2&& 2CTHQECN<QQO 64+%#/Š22&&   

64+%#/Š2CTHQECN 2#. <QQO‡#WVQENCXG— 065% 64+%#/Š2#.  2CTHQECN<QQO 065% 64+%#/Š% 2#.    065% 64+%#/Š2&& 2#. 2CTHQECN<QQO 065% 64+%#/Š22&& 2#.    065%

         

2#. 065%  065% 2#. 065% 2#. 065% 2#. 065%