Nature's Generator Nature's Generator HKNGPTWE Platinum WE System 1800W Solar & Wind

Product's Documents

Below are documents related to this product, you can read online or download:
HKNGPTWE photo

User Manual

This is the main product document for model HKNGPTWE.

The file format is pdf, 39 pages, you can download this manual here .

background
!"#$%&'()*&+&%"#,%)
-,.&%)-,/
0(&%)1"+$"2
background
!"#$%&'()*&+&%"#,%)
-,.&%)-,/
!"#$%#$&
/ŵƉŽƌƚĂŶƚ^ĂĨĞƚLJ/ŶƐƚƌƵĐƟŽŶƐ
'()#*#+
ĂƵƟŽŶ
/ŶƚƌŽĚƵĐƟŽŶ
,#-(./*#+01"2)03($2)%4&05%#%)($")06"7%)06"8
5%$0$"09#"701"2)03($2)%4&05%#%)($")06"7%)06"8
,&*#+01"2)03($2)%4&05%#%)($")06"7%)06"8
:"70$"0;%.<()+%01"2)03($2)%4&05%#%)($")06"7%)06"8
:"70$"0=#&$(>>01"2)03($2)%4&05%#%)($")06"7%)06"80"#0?"-0"@03($2)%A&05%#%)($")
:"70$"0!"##%.$01"2)03($2)%4&05%#%)($")06"7%)06"80$"0$<%03($2)%A&05%#%)($")
:"70$"0B(*#$(*#0(#80C$")%01"2)03($2)%4&05%#%)($")06"7%)06"8
dƌŽƵďůĞƐŚŽŽƟŶŐ
dĞĐŚŶŝĐĂů^ƉĞĐŝĮĐĂƟŽŶƐ
D*E*$%80'())(#$F
G
H
G
I
J
H
GK
L
L
GM
GM
GM
GH
M
!"#$%&' GN
background
!
/ŵƉŽƌƚĂŶƚ^ĂĨĞƚLJ/ŶƐƚƌƵĐƟŽŶƐ
ϭZĞĂĚƚŚĞƐĞŝŶƐƚƌƵĐƟŽŶƐ
Ϯ<ĞĞƉƚŚĞƐĞŝŶƐƚƌƵĐƟŽŶƐ
LO0?(/%0#"$%0"@0(>>07()#*#+&O
ϰ&ŽůůŽǁĂůůŝŶƐƚƌƵĐƟŽŶƐ
KO0P"0#"$02&%0$<*&0(--()($2&0#%()07($%)O
ϲŽŶŽƚďůŽĐŬĂŶLJǀĞŶƟůĂƟŽŶŽƉĞŶŝŶŐƐ
ϳŽŶŽƚƵƐĞŶĞĂƌŇĂŵŵĂďůĞŐĂƐĞƐŽƌĨƵŵĞƐŽƌŽƚŚĞƌĂƉƉĂƌĂƚƵƐƚŚĂƚƉƌŽĚƵĐĞĂůĂƌŐĞĂŵŽƵŶƚŽĨ
<%($O
ϴKŶůLJƵƐĞĂƩĂĐŚŵĞŶƚƐĂĐĐĞƐƐŽƌŝĞƐƐƉĞĐŝĮĞĚďLJƚŚĞŵĂŶƵĨĂĐƚƵƌĞƌ
ϵhƐĞŽŶůLJǁŝƚŚƚŚĞĐĂƌƚƐƉĞĐŝĮĞĚďLJƚŚĞŵĂŶƵĨĂĐƚƵƌĞƌŽƌƐŽůĚǁŝƚŚƚŚĞĂƉƉĂƌĂƚƵƐtŚĞŶĂĐĂƌƚŝƐ
ƵƐĞĚƵƐĞĐĂƵƟŽŶǁŚĞŶŵŽǀŝŶŐƚŚĞĐĂƌƚĂƉƉĂƌĂƚƵƐĐŽŵďŝŶĂƟŽŶƚŽĂǀŽŝĚŝŶũƵƌLJĨƌŽŵƟƉͲŽǀĞƌ
ϭϬZĞĨĞƌĂůůƐĞƌǀŝĐŝŶŐƚŽƋƵĂůŝĮĞĚƐĞƌǀŝĐĞƉĞƌƐŽŶŶĞů^ĞƌǀŝĐŝŶŐŝƐƌĞƋƵŝƌĞĚǁŚĞŶƚŚĞĂƉƉĂƌĂƚƵƐŚĂƐ
ďĞĞŶĚĂŵĂŐĞĚŝŶĂŶLJǁĂLJƐƵĐŚĂƐƉŽǁĞƌͲƐƵƉƉůLJĐĂďůĞŽƌƉůƵŐŝƐĚĂŵĂŐĞĚůŝƋƵŝĚŚĂƐďĞĞŶ
ƐƉŝůůĞĚŽƌŽďũĞĐƚƐŚĂǀĞĨĂůůĞŶŝŶƚŽƚŚĞĂƉƉĂƌĂƚƵƐƚŚĞĂƉƉĂƌĂƚƵƐŚĂƐďĞĞŶĞdžƉŽƐĞĚƚŽƌĂŝŶŽƌŵŽŝƐƚƵƌĞ
ĚŽĞƐŶŽƚŽƉĞƌĂƚĞŶŽƌŵĂůůLJŽƌŚĂƐďĞĞŶĚƌŽƉƉĞĚ
ϭϭdŚĞĂƉƉĂƌĂƚƵƐƐŚŽƵůĚŶŽƚďĞĞdžƉŽƐĞĚƚŽĚƌŝƉƉŝŶŐŽƌƐƉůĂƐŚŝŶŐĂŶĚŶŽŽďũĞĐƚƐĮůůĞĚǁŝƚŚ
ůŝƋƵŝĚƐƐƵĐŚĂƐǀĂƐĞƐƐŚŽƵůĚďĞƉůĂĐĞĚŽŶƚŚĞĂƉƉĂƌĂƚƵƐ
!"#$%$&
'()*+,%+$-."/"#0
ŽŶŽƚďƵƌŶŽƌŝŶĐŝŶĞƌĂƚĞƚŚŝƐŝƚĞŵdŚŝƐŝƚĞŵŵĂLJĞdžƉůŽĚĞĐĂƵƐŝŶŐƉĞƌƐŽŶĂůŝŶũƵƌLJŽƌĚĂŵĂŐĞ
ŽŶŽƚƵƐĞŶĞĂƌŇĂŵŵĂďůĞŐĂƐĞƐŽƌĨƵŵĞƐŽƌŽƚŚĞƌĂƉƉĂƌĂƚƵƐƚŚĂƚƉƌŽĚƵĐĞƐůĂƌŐĞĂŵŽƵŶƚƐŽĨŚĞĂƚ
'$1#&2-"$0-34#$-."/"#0
EĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌWŽǁĞƌWŽĚŚĂƐĂƐĞĂůĞĚůĞĂĚĂĐŝĚďĂƩĞƌLJǁŚŝĐŚĐĂŶƉƌĞƐĞŶƚĂƌŝƐŬŽĨďƵƌŶĨƌŽŵ
ŚŝŐŚĐƵƌƌĞŶƚďĞĐĂƵƐĞŽĨƐŚŽƌƚͲĐŝƌĐƵŝƚ
51)*"6171$8-)"#8,
tŚĞŶƌĞƉůĂĐĞŵĞŶƚƉĂƌƚƐĂƌĞƌĞƋƵŝƌĞĚŵĂŬĞƐƵƌĞƚŚĂƚƚŚĞƐĞƌǀŝĐĞƚĞĐŚŶŝĐŝĂŶƵƐĞƐƌĞƉůĂĐĞŵĞŶƚƉĂƌƚƐ
ƐƉĞĐŝĮĞĚďLJƚŚĞŵĂŶƵĨĂĐƚƵƌĞƌƚŚĂƚŚĂǀĞƚŚĞƐĂŵĞĐŚĂƌĂĐƚĞƌŝƐƟĐƐĂƐƚŚĞŽƌŝŐŝŶĂůƉĂƌƚhŶĂƵƚŚŽƌŝnjĞĚ
ƐƵďƐƟƚƵƟŽŶƐŵĂLJƌĞƐƵůƚŝŶĮƌĞĞůĞĐƚƌŝĐƐŚŽĐŬƉĞƌƐŽŶĂůŝŶũƵƌLJŽƌŽƚŚĞƌŚĂnjĂƌĚƐ
9":182-6.16;
ŌĞƌĐŽŵƉůĞƟŶŐĂŶLJƐĞƌǀŝĐĞŽƌƌĞƉĂŝƌƚŽƚŚŝƐĚĞǀŝĐĞĂƐŬƚŚĞƐĞƌǀŝĐĞƚĞĐŚŶŝĐŝĂŶƚŽƉĞƌĨŽƌŵƌŽƵƟŶĞ
ƐĂĨĞƚLJĐŚĞĐŬƐƚŽĚĞƚĞƌŵŝŶĞƚŚĂƚLJŽƵƌEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌWŽǁĞƌWŽĚŝƐŝŶĐŽƌƌĞĐƚŽƉĞƌĂƟŶŐĐŽŶĚŝƟŽŶ
91#<%6%$&
dŚĞƐĞƐĞƌǀŝĐŝŶŐŝŶƐƚƌƵĐƟŽŶƐĂƌĞĨŽƌƵƐĞďLJƋƵĂůŝĮĞĚƐĞƌǀŝĐĞƉĞƌƐŽŶŶĞůŽŶůLJdŽƌĞĚƵĐĞƚŚĞƌŝƐŬŽĨ
ĞůĞĐƚƌŝĐƐŚŽĐŬĚŽŶŽƚƉĞƌĨŽƌŵĂŶLJƐĞƌǀŝĐŝŶŐŽƚŚĞƌƚŚĂŶƚŚĂƚĐŽŶƚĂŝŶĞĚŝŶƚŚĞŽƉĞƌĂƟŶŐŝŶƐƚƌƵĐƟŽŶƐ
ƵŶůĞƐƐLJŽƵĂƌĞƋƵĂůŝĮĞĚƚŽĚŽƐŽ
34(4#)!"#$%&(5&+&%"#,%67,8)9,%)1,%&):+9,%8"#4,+
background
"
ĂƵƟŽŶ
="7"&1-#1>4%#%$&-,1#<%61
^ƚŽƉƵƐŝŶŐƚŚĞEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌWŽǁĞƌWŽĚĂŶĚƌĞĨĞƌƐĞƌǀŝĐŝŶŐƚŽƋƵĂůŝĮĞĚƐĞƌǀŝĐĞƉĞƌƐŽŶŶĞů
ƵŶĚĞƌƚŚĞĨŽůůŽǁŝŶŐĐŽŶĚŝƟŽŶƐ
ͻ/ĨůŝƋƵŝĚŚĂƐďĞĞŶƐƉŝůůĞĚŽƌŽďũĞĐƚƐŚĂǀĞĨĂůůĞŶŝŶƚŽLJŽƵƌEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌWŽǁĞƌWŽĚ
ͻ/ĨLJŽƵƌEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌWŽǁĞƌWŽĚŚĂƐďĞĞŶĞdžƉŽƐĞĚƚŽƌĂŝŶŽƌǁĂƚĞƌ
Q0=@0F"2)03($2)%4&05%#%)($")06"7%)06"80<(&0R%%#08)"--%80")08(E(+%80*#0(#F07(FO
ͻtŚĞŶLJŽƵƌEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌWŽǁĞƌWŽĚĞdžŚŝďŝƚƐĂĚŝƐƟŶĐƚĐŚĂŶŐĞŝŶƉĞƌĨŽƌŵĂŶĐĞ
?+*0-@1"8.1#
!">80$%E-%)($2)%&0.(#0*E-(.$03($2)%4&05%#%)($")06"7%)06"80-%)@")E(#.%O00=@0F"20()%0*#0()%(0$<($0
ǁŝůůďĞĐŽŶƐŝƐƚĞŶĐLJďĞůŽǁĨƌĞĞnjŝŶŐǁĞƌĞĐŽŵŵĞŶĚŬĞĞƉŝŶŐLJŽƵƌEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌWŽǁĞƌWŽĚŝŶ
ĂŶŝŶƐƵůĂƚĞĚůŽĐĂƟŽŶĂŶĚĐŽŶŶĞĐƚĞĚƚŽĂƐŽůĂƌƉĂŶĞů
51626*%$&-"$0-=%,)+,"*
1"2)03($2)%4&05%#%)($")06"7%)06"80E(F0."#$(*#0E($%)*(>&0$<($0()%0)%+2>($%80@")0%#S*)"#E%#$(>0
)%(&"#&O01"2)03($2)%4&05%#%)($")06"7%)06"80(>&"0."#$(*#&0E($%)*(>&0$<($0.(#0R%0)%.F.>%80(#80
ƌĞƵƐĞĚdŽŚĞůƉƉƌŽƚĞĐƚƚŚĞĞŶǀŝƌŽŶŵĞŶƚĐŽŶƚĂĐƚLJŽƵƌůŽĐĂůĂƵƚŚŽƌŝƟĞƐĨŽƌŝŶĨŽƌŵĂƟŽŶĂďŽƵƚ
ĚŝƐƉŽƐĂůŽƌƌĞĐLJĐůŝŶŐĂŶĚĂďŽƵƚĮŶĚŝŶŐĂƌĞĐLJĐůĞƌŝŶLJŽƵƌĂƌĞĂďĞĨŽƌĞLJŽƵĚŝƐƉŽƐĞŽĨLJŽƵƌEĂƚƵƌĞΖƐ
5%#%)($")06"7%)06"8O0
34(4#)!"#$%&(5&+&%"#,%67,8)9,%)1,%&):+9,%8"#4,+
background
#
/ŶƚƌŽĚƵĐƟŽŶ
ŽŶŐƌĂƚƵůĂƟŽŶƐŽŶLJŽƵƌŶĞǁEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌWŽǁĞƌWŽĚĂŐƌĞĂƚĞdžƉĂŶƐŝŽŶƚŽLJŽƵƌEĂƚƵƌĞƐ
5%#%)($")O
A$)"6;%$&-B+4#-C"84#1D,-E1$1#"8+#-F+@1#-F+0
GO03($2)%4&05%#%)($")06"7%)06"8
ϮĐĐĞƐƐŽƌLJŽdž
LO0?<*&02&%)0+2*8%
34(4#)!"#$%&(5&+&%"#,%67,8)9,%)1,%&):+9,%8"#4,+
background
E18-8+-G$+@-B+4#-C"84#1D,-E1$1#"8+#-F+@1#-F+0
H#+$8-F"$1*
9+*"#-I$)48J-
?"0."##%.$07*$<0&">()0-(#%>T&UO0
?<*&0V#8%)&"#0-")$0*&08%&*+#%80$"0R%0
ƵƐĞĚǁŝƚŚƵƉƚŽϮϬϬǁĂƩƐŽĨƐŽůĂƌ
-"7%)O0
>>ŝŐŚƚƵƩŽŶ!
WƌĞƐƐŝƚƚŽƐŚŽǁƚŚĞďĂƩĞƌLJĐŚĂƌŐĞů
%S%>O0
K'=-K%&.8,J0
'<%#0@(.*#+0$<%0@)"#$0"@0$<%03($2)%4&0
'ĞŶĞƌĂƚŽƌWŽǁĞƌWŽĚĨƌŽŵůĞŌƚŽƌŝŐŚƚ
ƚŚĞĮƌƐƚůŝŐŚƚǁŝůůƐŚŽǁŐƌĞĞŶǁŚŝĐŚ
*#8*.($%&0(0IWX0.<()+%O00?<%0&%."#80
ůŝŐŚƚǁŝůůƐŚŽǁŐƌĞĞŶǁŚŝĐŚŝŶĚŝĐĂƚĞƐ
ĂϰϬйĐŚĂƌŐĞƚŚĞƚŚŝƌĚůŝŐŚƚǁŝůůƐŚŽǁ
+)%%#07<*.<0*#8*.($%&0(0HWX0.<()+%0
(#80$<%0@"2)$<0>*+<$07*>>0&<"70+)%%#0
7<*.<0*#8*.($%&0(0NWX0.<()+%0(#80
ĮŶĂůůLJƚŚĞĮŌŚůŝŐŚƚǁŝůůƐŚŽǁŐƌĞĞŶ
7<*.<0*#8*.($%&0(0GWWX0.<()+%O
LMN-F+#8J0
GIY0P!0-")$0*&08%&*+#%80$"0-)"S*8%0
ƵƉƚŽϮϰϬǁĂƩƐŽĨƉŽǁĞƌ
O"6;-F"$1*
'()"$,%+$J0P(*&F0.<(*#0."##%.$")O0?<%)%0*&0"-%#0
&-(.%0"#0$<%0$"-0"@0$<%0."##%.$")0@")0$<%0
ĞdžƉĂŶƐŝŽŶĐĂďůĞ
34(4#)!"#$%&(5&+&%"#,%67,8)9,%)1,%&):+9,%8"#4,+
$
background
P+)-?+7)"#871$8
'()"$,%+$-6"3*1J-ϯϱŝŶĐŚůŽŶŐĞdžƉĂŶƐŝŽŶĐĂďůĞ
%
34(4#)!"#$%&(5&+&%"#,%67,8)9,%)1,%&):+9,%8"#4,+
background
Q+@-8+-516."#&1-B+4#-C"84#1D,-E1$1#"8+#-F+@1#-F+0
516."#&%$&-:#+7-9+*"#-F"$1*,
GO06>(.%0F"2)0&">()0-(#%>07<%)%0*$07*>>0+%$0(&0E2.<08*)%.$0&2#>*+<$0(&0-"&&*R>%O0'<*>%08*)%.$0&2#>*+<$0
ŝƐĂůǁĂLJƐƉƌĞĨĞƌƌĞĚƐŽůĂƌƉĂŶĞůƐƐŚŽƵůĚďĞĐŽŶŶĞĐƚĞĚĂƚĂůůƟŵĞƐƚŽƉƌŽǀŝĚĞĂĐŽŶƐŝƐƚĞŶƚƚƌŝĐŬůĞ
ĐŚĂƌŐĞƚŽLJŽƵƌďĂƩĞƌLJ^ŽůĂƌƉĂŶĞůƐǁŝůůĂůƐŽƐĞŶĚĂĐŚĂƌŐĞLJŽƵƌƵŶŝƚǁŚŝůĞŝŶŚĂnjLJŽƌŽǀĞƌĐĂƐƚ
&/*%&O
IO0=#&%)$0&">()0-(#%>0->2+0*#$"0C">()0=#-2$0-")$0"#0$<%0@)"#$0"@03($2)%4&05%#%)($")06"7%)06"8O0
1"207*>>0/#"70*$0*&0)%.<()+*#+07<%#0DZP0>*+<$&0&$()$0)2##*#+O00?<%0DZP0>*+<$&0)%E(*#0&">*807<%#0$<%0
ďĂƩĞƌLJŝƐĨƵůůŽƌƚŚĞƌĞŝƐŶŽƚĞŶŽƵŐŚƉŽǁĞƌĨƌŽŵƐŽůĂƌƉĂŶĞů
ϯ/ƚƚĂŬĞƐĂďŽƵƚϭϱƚŽϮϬŚŽƵƌƐƚŽƌĞĐŚĂƌŐĞEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌWŽǁĞƌWŽĚŝĨƵƐŝŶŐϭϬϬǁĂƩƐŽůĂƌ
ƉĂŶĞůĂŶĚĂůƐŽĚĞƉĞŶĚƐŽŶƚŚĞƚŚĞƐƚƌĞŶŐƚŚŽĨƚŚĞƐƵŶůŝŐŚƚ
ϰdŽŝŶĐƌĞĂƐĞƚŚĞƌĞĐŚĂƌŐŝŶŐƐƉĞĞĚLJŽƵĐĂŶĚĂŝƐLJĐŚĂŝŶŵƵůƟƉůĞƐŽůĂƌƉĂŶĞůƐŝŶƉĂƌĂůůĞůĐŽŶŶĞĐƟŽŶ
dŚĞ^ŽůĂƌ/ŶƉƵƚƉŽƌƚĐĂŶŚĂŶĚůĞƵƉƚŽϮϬϬǁĂƩƐŽůĂƌƉĂŶĞůsŝƐŝƚEĂƚƵƌĞƐŐĞŶĞƌĂƚŽƌĐŽŵĨŽƌ
ŝŶĨŽƌŵĂƟŽŶŽŶƉƵƌĐŚĂƐŝŶŐĂĚĚŝƟŽŶĂůƐŽůĂƌƉĂŶĞůƐ
516."#&%$&-:#+7-C"84#1D,-E1$1#"8+#-
ϭŽŶŶĞĐƚEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌWŽǁĞƌWŽĚƚŽEĂƚƵƌĞƐ'ĞŶĞƌĂƚŽƌ;ŶŽƚŝŶĐůƵĚĞĚŝŶƚŚĞďŽdžͿďLJƚŚĞ
ĞdžƉĂŶƐŝŽŶĐĂďůĞ
ϮtŚĞŶEĂƚƵƌĞƐ'ĞŶĞƌĂƚŽƌŝƐďĞŝŶŐƌĞĐŚĂƌŐĞĚďLJƐŽůĂƌǁŝŶĚŽƌǁĂůůEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌWŽǁĞƌ
WŽĚǁŝůůďĞƌĞĐŚĂƌŐĞĚĂƚƚŚĞƐĂŵĞƟŵĞ
LO0?<%0DZP0>*+<$&08"0#"$0)2#07<*>%03($2)%4&05%#%)($")06"7%)06"80*&0)%.<()+%80@)"E03($2)%A&0
'ĞŶĞƌĂƚŽƌďƵƚLJŽƵĐĂŶƉƌĞƐƐƚŚĞ>>ŝŐŚƚƵƩŽŶƚŽĐŚĞĐŬďĂƩĞƌLJůĞǀĞů
A,%$&-B+4#-C"84#1D,-E1$1#"8+#-F+@1#-F+0
& 34(4#)!"#$%&(5&+&%"#,%67,8)9,%)1,%&):+9,%8"#4,+
background
'
Q+@-8+-I$,8"**-B+4#-C"84#1D,-E1$1#"8+#-F+@1#-F+0-+$-P+)-+:-C"84#1R,-E1$1#"8+#
!."8-%,-%$-8.1-"661,,+#2-3+(
GO0[)(./%$&
IO0[">$&0(#80#2$&
ϮϱŵŵdžϮƉĐƐ
ϭϲŵŵdžϮƉĐƐ
LO06"7%)06"80[()
MO0?"">&
34(4#)!"#$%&(5&+&%"#,%67,8)9,%)1,%&):+9,%8"#4,+
background
(
I$,8"**%$&-F#+6104#1,
^ƚĞƉϭ>ŝŌ3($2)%4&05%#%)($")06"7%)06"80(#80&%$0*$0"#0$"-0"@03($2)%A&05%#%)($")O0B(/%0&2)%0$<%0
@%%$0"@03($2)%4&05%#%)($")06"7%)06"80&*$0R%$7%%#0$<%0<(#8>%0(#80$"-0.(&%0"@03($2)%A&05%#%)($")O0
34(4#)!"#$%&(5&+&%"#,%67,8)9,%)1,%&):+9,%8"#4,+
background
^ƚĞƉϮZĞŵŽǀĞƚǁŽďŽůƚƐĨƌŽŵ3($2)%4&05%#%)($")06"7%)06"807*$<0*#.>28%80$<%0V>>%#07)%#.<O0
62$0$<%&%0$7"0R">$&0(&*8%0@")0#"70(&0$<%F07*>>0R%0)%2&%80*#0&$%-0K0R%>"7O
)
34(4#)!"#$%&(5&+&%"#,%67,8)9,%)1,%&):+9,%8"#4,+
background
^ƚĞƉϯWƵƚƚŚĞďƌĂĐŬĞƚƐŽŶƚŚĞĐĂƌƚƌĂĐŬĞƚǁŝůůŵĂƚĐŚƵƉǁŝƚŚƚŚĞƐŚĂƉĞŽĨƚŚĞĐĂƌƚĨƌĂŵĞdŚĞ
.2)S%80-()$0"@0$<%0R)(./%$0&<"2>80R%0->(.%80"#0$<%0R(./0"@0$<%0.()$0(#80$<%0&$)(*+<$0-()$0"@0$<%0
R)(./%$0&<"2>80R%0->(.%80"#0$<%0@)"#$0"@0$<%0.()$O
!*
34(4#)!"#$%&(5&+&%"#,%67,8)9,%)1,%&):+9,%8"#4,+
background
^ƚĞƉϰhƐĞƚLJƉĞďŽůƚƐĂŶĚŶƵƚƐƚŽƐĞĐƵƌĞƚŚĞƚǁŽďƌĂĐŬĞƚƐhƐĞǁƌĞŶĐŚƚŽŚŽůĚƚŚĞŶƵƚƐƚŚĞůůĞŶ
ǁƌĞŶĐŚƚŽƟŐŚƚĞŶƚŚĞďŽůƚƐ
!!
V
V
34(4#)!"#$%&(5&+&%"#,%67,8)9,%)1,%&):+9,%8"#4,+
background
^ƚĞƉϱWůĂĐĞƉŽǁĞƌƉŽĚŽŶƚŚĞƚŽƉŽĨ3($2)%4&05%#%)($")06"7%)06"8O0=#&%)$0$<%0R">$&0$<($07%)%0
)%E"S%80*#0&$%-0I0RF0$<%0V>>%#07)%#.<O
!"
34(4#)!"#$%&(5&+&%"#,%67,8)9,%)1,%&):+9,%8"#4,+
background
^ƚĞƉϲhƐĞƚŚĞƚLJƉĞďŽůƚƐĂŶĚŶƵƚƐƚŽƐĞĐƵƌĞƚŚĞďƌĂĐŬĞƚƐĂŶĚƉŽǁĞƌƉŽĚďĂƌhƐĞƚŚĞǁƌĞŶĐŚƚŽ
ŚŽůĚƚŚĞŶƵƚƐĂŶĚƚŚĞůůĞŶǁƌĞŶĐŚƚŽƟŐŚƚĞŶƚŚĞďŽůƚƐ
[
!#
34(4#)!"#$%&(5&+&%"#,%67,8)9,%)1,%&):+9,%8"#4,+
background
Q+@-8+-?+$$168-B+4#-C"84#1D,-E1$1#"8+#-F+@1#-F+0-8+-C"84#1R,-E1$1#"8+#
zŽƵĐĂŶĐŽŶŶĞĐƚLJŽƵƌEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌWŽǁĞƌWŽĚƚŽLJŽƵƌEĂƚƵƌĞƐ'ĞŶĞƌĂƚŽƌƚŽĞdžƚĞŶĚƚŚĞ
ŽǀĞƌĂůůƌƵŶƟŵĞ
ϭKƉĞŶƚŚĞƚŽƉĐŽǀĞƌŽĨƚŚĞEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌWŽǁĞƌWŽĚůŽĐĂƚĞƚŚĞĞdžƉĂŶƐŝŽŶĐĂďůĞĂŶĚƌƵŶ
ƚŚĞĞdžƉĂŶƐŝŽŶĐĂďůĞŽƵƚŽĨEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌWŽǁĞƌWŽĚƚŚƌŽƵŐŚƚŚĞŽƉĞŶŝŶŐŽŶƚŚĞďĂĐŬŽĨƚŚĞ
3($2)%4&05%#%)($")06"7%)06"8O00
Ϯ>ŽĐĂƚĞĞdžƉĂŶƐŝŽŶƉŽƌƚŽŶƚŚĞďĂĐŬŽĨLJŽƵƌEĂƚƵƌĞƐ'ĞŶĞƌĂƚŽƌĂŶĚŽƉĞŶƚŚĞƌƵďďĞƌĐŽǀĞƌ
ϯŽŶŶĞĐƚƚŚĞĞdžƉĂŶƐŝŽŶĐĂďůĞƚŽƚŚĞĞdžƉĂŶƐŝŽŶƉŽƌƚƵĞƚŽƚŚĞĂŵŽƵŶƚŽĨǀŽůƚĂŐĞƌƵŶŶŝŶŐ
ďĞƚǁĞĞŶƚŚĞEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌĂŶĚEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌWŽǁĞƌWŽĚƚŚŝƐŝƐĂǀĞƌLJƟŐŚƚĮƚƚŽ
ĞŶƐƵƌĞŶŽĞůĞĐƚƌŝĐĂůƐŚŽĐŬǁŚŝůĞĐŽŶŶĞĐƟŶŐ
ϰdŚĞdžƉĂŶƐŝŽŶ;ĐŚĂŝŶůŝŶŬͿ/ĐŽŶǁŝůůďĞŝůůƵŵŝŶĂƚĞĚŽŶƚŚĞĚŝƐƉůĂLJŽĨEĂƚƵƌĞƐ'ĞŶĞƌĂƚŽƌƚŽ
*#8*.($%03($2)%4&05%#%)($")06"7%)06"80*&0."##%.$%8O0
zŽƵǁŝůůĞdžƉĞƌŝĞŶĐĞĂŶŝŶĐƌĞĂƐĞĚƌƵŶƟŵĞŽĨĂƉƉƌŽdžŝŵĂƚĞůLJϭϲϳйďLJĂĚĚŝŶŐŽŶĞEĂƚƵƌĞΖƐ
'ĞŶĞƌĂƚŽƌWŽǁĞƌWŽĚĂƉƉƌŽdžŝŵĂƚĞůLJϯϯϯйďLJĂĚĚŝŶŐƚǁŽEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌWŽǁĞƌWŽĚƐĂŶĚ
KWWX0RF0(88*#+0$<)%%03($2)%4&05%#%)($")06"7%)06"8&O0
Q+@-8+-S"%$8"%$-"$0-98+#1-B+4#-C"84#1R,-E1$1#"8+#-F+@1#-F+0
6>%(&%0)%.<()+%0F"2)03($2)%4&05%#%)($")06"7%)06"80"#.%0%S%)F0@"2)0E"#$<&0(#80&$")%0*#0(0
ǀĞŶƟůĂƚĞĚĐŽŽůĂŶĚĚƌLJůŽĐĂƟŽŶ/ĨƉŽƐƐŝďůĞƉůĞĂƐĞĐŽŶŶĞĐƚLJŽƵƌEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌWŽǁĞƌWŽĚ
ƚŽƚŚĞƐŽůĂƌƉĂŶĞůǁŚŝůĞŝŶƐƚŽƌĂŐĞƚŽƚŽƉŽīƚŚĞďĂƩĞƌLJǀŽůƚĂŐĞdŚŝƐŬĞĞƉƐƚŚĞďĂƩĞƌLJŚĞĂůƚŚLJ
(#80-)">"#+&0*$&0>*@%O0\(*>2)%0$"0E(*#$(*#03($2)%4&05%#%)($")06"7%)06"80RF0$<%&%0&$%-&0.(#0)%&2>$0*#0
ďĂƩĞƌLJĚĂŵĂŐĞǁŚŝĐŚǁŝůůǀŽŝĚƚŚĞƉƌŽĚƵĐƚǁĂƌƌĂŶƚLJ
WůĞĂƐĞĐůĞĂŶLJŽƵƌEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌWŽǁĞƌWŽĚǁŝƚŚĂƐŽŌůŝŶƚͲĨƌĞĞĐůŽƚŚ/ĨLJŽƵƌEĂƚƵƌĞΖƐ
'ĞŶĞƌĂƚŽƌWŽǁĞƌWŽĚŝƐĞƐƉĞĐŝĂůůLJĚŝƌƚLJŵŽŝƐƚĞŶĂƐŽŌůŝŶƚͲĨƌĞĞĐůŽƚŚŝŶĂǁĞĂŬĚĞƚĞƌŐĞŶƚƐŽůƵƟŽŶ
ƐƋƵĞĞnjĞƚŚĞĞdžĐĞƐƐŵŽŝƐƚƵƌĞĨƌŽŵƚŚĞĐůŽƚŚƚŚĞŶǁŝƉĞƚŚĞĐĂďŝŶĞƚǁŝƚŚƚŚĞĐůŽƚŚhƐĞĂĐůĞĂŶĐůŽƚŚ
$"08)F0F"2)03($2)%4&05%#%)($")06"7%)06"8O
dƌŽƵďůĞƐŚŽŽƟŶŐ
"#!$%&'()*+!,)-)(%&.(!/.0)(!/.1!0.-*&!23%(4)!03)-!5!2.--)2&!6#!+.7%(!8%-)7!&.!9&:
6>%(&%0@">>"70$<%&%0&$%-&O
ϭDĂŬĞƐƵƌĞƚŚĞƐŽůĂƌƉĂŶĞůŝƐƉŽŝŶƚĞĚĚŝƌĞĐƚůLJƚŽǁĂƌĚƚŚĞƐƵŶ/ƚŝƐƉƌĞĨĞƌƌĞĚƚŽƉŽƐŝƟŽŶƚŚĞƐŽůĂƌ
ƉĂŶĞůĨĂĐŝŶŐƐŽƵƚŚdŚĞƐŽůĂƌƉĂŶĞůŵĂLJƉƌŽĚƵĐĞůŝƩůĞŽƌŶŽƉŽǁĞƌŝĨŝƚŝƐƉŽƐŝƟŽŶĞĚŝŶƐŚĂĚĞ
ϮŚĞĐŬƚŚĞĐĂďůĞĐŽŶŶĞĐƟŽŶŽŶLJŽƵƌEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌWŽǁĞƌWŽĚĂŶĚŵĂŬĞƐƵƌĞŝƚŝƐƉƌŽƉĞƌůLJ
."##%.$%8O
ϯ/ĨƚŚĞ>ƐůŝŐŚƚƵƉďƵƚĂƌĞŶŽƚƌƵŶŶŝŶŐ/ƚŵĞĂŶƐEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌWŽǁĞƌWŽĚŝƐďĞŝŶŐĨƵůůLJ
.<()+%80RF0$<%0&">()0-(#%>0")0&">()0-(#%>08"%&0#"$0<(S%0<*+<0%#"2+<0S">$(+%0$"0)%.<()+%0$<%0
3($2)%4&05%#%)($")06"7%)06"8O0
!$
34(4#)!"#$%&(5&+&%"#,%67,8)9,%)1,%&):+9,%8"#4,+
background
!%
ĂƩĞƌLJ
dLJƉĞ'D^ĞĂůĞĚ>ĞĂĚĐŝĚ
ĂƉĂĐŝƚLJϭϬϬŚ;ϭϮϬϬtŚͿ
^ĞůĨͲĚŝƐĐŚĂƌŐĞZĞĐŽŵŵĞŶĚƚŽƌĞĐŚĂƌŐĞŝƚĞǀĞƌLJϰŵŽŶƚŚƐ
F+#8,J
ϭϮsWŽƌƚƵƉƚŽϮϬ;ϮϰϬtŵĂdžͿ
džƉĂŶƐŝŽŶĂďůĞϰϱŝŶĐŚĞƐ
?."#&1,J
^ŽůĂƌŚĂƌŐĞƌϮϬϬǁĂƩ
ĂƩĞƌLJ>ĞǀĞů>ůŝŐŚƚƐϱ>ůŝŐŚƚƐ
E1$1#"*J
ŝŵĞŶƐŝŽŶƐϭϴdžϭϮdžϭϱŝŶ;ϰϳdžϯϬdžϯϴĐŵͿ
KƉĞƌĂƟŶŐƚĞŵƉĞƌĂƚƵƌĞϯϮͲϭϬϰΣ&;ϬͲϰϬΣͿ
^ƚŽƌĂŐĞdĞŵƉĞƌĂƚƵƌĞϮϯʹϭϭϭΣ&;ͲϱʹϰϱΣͿ
tĞŝŐŚƚϵϮůďƐ
dĞĐŚŶŝĐĂů^ƉĞĐŝĮĐĂƟŽŶƐ
34(4#)!"#$%&(5&+&%"#,%67,8)9,%)1,%&):+9,%8"#4,+
background
!&
K%7%810-!"##"$82
T$1-B1"#-K%7%810-!"##"$82-0000
,ƵŶƚŬĞLJh^/ŶĐǁĂƌƌĂŶƚƐƚŽLJŽƵƚŚĞŽƌŝŐŝŶĂůƉƵƌĐŚĂƐĞƌŽĨƚŚŝƐŶĞǁƉƌŽĚƵĐƚƚŚĂƚƚŚĞƉƌŽĚƵĐƚ
&<(>>0R%0@)%%0"@08%@%.$&0*#0$<%0")*+*#(>0E(#2@(.$2)%0"@0$<%0E($%)*(>0")07")/E(#&<*-0@")0(0-%)*"80
"@0"#%0TGU0F%()0@)"E0$<%0")*+*#(>08($%0"@0F"2)0-2).<(&%0"@0$<%0-)"82.$0T]'())(#$F06%)*"8^UO0
dŚŝƐƉƌŽĚƵĐƚŵƵƐƚďĞƉƵƌĐŚĂƐĞĚĨƌŽŵĂŶĂƵƚŚŽƌŝnjĞĚĚĞĂůĞƌĂŶĚƉĂĐŬĂŐĞĚǁŝƚŚƚŚŝƐǁĂƌƌĂŶƚLJ
&$($%E%#$O0?<*&07())(#$F08"%&0#"$0."S%)0)%@2)R*&<%80-)"82.$O0
!."8-0+1,-8.%,-!"##"$82-?+<1#U
ƵƌŝŶŐƚŚĞtĂƌƌĂŶƚLJWĞƌŝŽĚŝĨƚŚĞŽƌŝŐŝŶĂůŵĂŶƵĨĂĐƚƵƌĞŽĨƚŚĞŵĂƚĞƌŝĂůŽƌǁŽƌŬŵĂŶƐŚŝƉŽĨƚŚĞ
ƉƌŽĚƵĐƚŝƐĚĞƚĞƌŵŝŶĞĚƚŽďĞĚĞĨĞĐƟǀĞďLJĂŶĂƵƚŚŽƌŝnjĞĚĚĞĂůĞƌ,ƵŶƚŬĞLJh^/ŶĐǁŝůů;ĂƚŝƚƐ
ƐŽůĞŽƉƟŽŶͿ;ϭͿƌĞƉĂŝƌƚŚĞƉƌŽĚƵĐƚǁŝƚŚŶĞǁŽƌƌĞďƵŝůƚƉĂƌƚƐŽƌ;ϮͿƌĞƉůĂĐĞƚŚĞƉƌŽĚƵĐƚĂƚŶŽ
.<()+%07*$<0#%70")0)%R2*>$0."E-()(R>%0-)"82.$&0")0-()$&O06)"82.$&0(#80-()$&0)%->(.%802#8%)0$<*&0
7())(#$F0R%."E%0$<%0-)"-%)$F0"@0:2#$/%F0,CV0=#.O0(#80()%0#"$0)%$2)#%80$"0F"2O0=@0&%)S*.%0"@0
ƉƌŽĚƵĐƚƐŽƌƉĂƌƚƐĂƌĞƌĞƋƵŝƌĞĚĂŌĞƌƚŚĞtĂƌƌĂŶƚLJWĞƌŝŽĚĞdžƉŝƌĞƐLJŽƵŵƵƐƚƉĂLJĂůůůĂďŽƌĂŶĚƉĂƌƚƐ
.<()+%&O0?<*&07())(#$F0>(&$&0(&0>"#+0(&0F"20"7#0F"2)0-)"82.$082)*#+0$<%0'())(#$F06%)*"8O0'())(#$F
."S%)(+%0$%)E*#($%&0*@0F"20&%>>0")0"$<%)7*&%0$)(#&@%)0$<%0-)"82.$O0
Q+@-8+-T38"%$-!"##"$82-91#<%61U-
6>%(&%0.(>>0ϭͲϴϬϬͲϵϳϱͲϳϵϬϵDŽŶĚĂLJƚŚƌŽƵŐŚ&ƌŝĚĂLJϵϬϬDƚŽϱϬϬWDW^dzŽƵǁŝůůďĞƉƌŽǀŝĚĞĚ
ǁŝƚŚĂZĞƚƵƌŶDĞƌĐŚĂŶĚŝƐĞƵƚŚŽƌŝnjĂƟŽŶ;ZDͿŶƵŵďĞƌĂŶĚƌĞƚƵƌŶŝŶƐƚƌƵĐƟŽŶƐ^ĞŶĚƉƌŽĚƵĐƚƚŽ
,ƵŶƚŬĞLJh^/ŶĐ
LGLW06(&%"0B%).(8"0C2*$%0GWH
KdžŶĂƌĚϵϯϬϯϲ
WůĞĂƐĞŝŶĐůƵĚĞƚŚĞZDŶƵŵďĞƌƉƌŽŵŝŶĞŶƚůLJĚŝƐƉůĂLJĞĚŽŶƚŚĞƐŚŝƉƉŝŶŐďŽdžĂŶĚŝŶĐůƵĚĞLJŽƵƌŶĂŵĞ
ƉŚŽŶĞŶƵŵďĞƌĂŶĚĂĚĚƌĞƐƐǁŝƚŚƚŚĞƉƌŽĚƵĐƚŝŶƐŝĚĞƚŚĞďŽdž
!.1#1-%,-8.1-!"##"$82-N"*%0U-
dŚŝƐǁĂƌƌĂŶƚLJŝƐǀĂůŝĚŽŶůLJƚŽƚŚĞŽƌŝŐŝŶĂůƉƵƌĐŚĂƐĞƌŽĨƚŚĞƉƌŽĚƵĐƚŝŶEŽƌƚŚŵĞƌŝĐĂ;hŶŝƚĞĚ^ƚĂƚĞƐ
ĂŶĂĚĂĂŶĚDĞdžŝĐŽͿ
34(4#)!"#$%&(5&+&%"#,%67,8)9,%)1,%&):+9,%8"#4,+
background
!'
dŚŝƐǁĂƌƌĂŶƚLJĚŽĞƐŶŽƚĐŽǀĞƌ
ͻŽƐŵĞƟĐĚĂŵĂŐĞ
ͻĂŵĂŐĞĚƵĞƚŽĨŽƌĐĞŵĂũĞƵƌĞƐƵĐŚĂƐůŝŐŚƚŶŝŶŐƐƚƌŝŬĞƐĮƌĞŇŽŽĚĞƚĐ
Q0V..*8%#$
Q0B*&2&%
Q0VR2&%
Q03%+>*+%#.%
Q0!"EE%).*(>02&%
ͻDŽĚŝĮĐĂƟŽŶŽĨĂŶLJƉĂƌƚŽĨƚŚĞƉƌŽĚƵĐƚ
ͻĂŵĂŐĞĚƵĞƚŽŝŶĐŽƌƌĞĐƚŽƉĞƌĂƟŽŶŽƌŵĂŝŶƚĞŶĂŶĐĞ
ͻŽŶŶĞĐƟŽŶƚŽĂŶŝŶĐŽƌƌĞĐƚǀŽůƚĂŐĞƐƵƉƉůLJ
ͻƩĞŵƉƚĞĚƌĞƉĂŝƌďLJĂŶLJŽŶĞŽƚŚĞƌƚŚĂŶĂĨĂĐŝůŝƚLJĂƵƚŚŽƌŝnjĞĚďLJ,ƵŶƚŬĞLJh^/ŶĐƚŽƐĞƌǀŝĐĞ
000$<%0-)"82.$
Q06)"82.$&0&">80(&0*&0")07*$<0(>>0@(2>$&
ͻŽŶƐƵŵĂďůĞƐƐƵĐŚĂƐďĂƩĞƌŝĞƐ
Q06)"82.$&07<%)%0$<%0@(.$")F0(-->*%80&%)*(>0#2ER%)0<(&0R%%#0(>$%)%80")0)%E"S%8
;Z6V=;0;Z6DV!ZBZ3?0VC06;_Y=PZP0,3PZ;0?:=C0'V;;V3?10=C01_,;0Z`!D,C=YZ0;ZBZP1O0:,3?9Z10
,CV0=3!O0C:VDD03_?0[Z0D=V[DZ0\_;0V310=3!=PZ3?VD0_;0!_3CZa,Z3?=VD0PVBV5ZC0\_;0?:Z0
Z,K&EzyWZ^^KZ/DW>/tZZEdzKEd,/^WZKhd/E>h/E'hdEKd>/D/d
dK>K^dd>K^^K&h^K&zKhZWZKhd>K^dh^/E^^KZ>K^dWZK&/d^,hEd<zh^/E
WZKhd^D<^EKKd,ZyWZ^^tZZEd/^t/d,Z^WddKd,WZKhd>>
yWZ^^E/DW>/tZZEd/^&KZd,WZKhd/E>h/E'hdEKd>/D/ddKEz
=B6D=ZP0'V;;V3?=ZC0_\0V3P0!_3P=?=_3C0_\0BZ;!:V3?V[=D=?10V3P0\=?3ZCC0\_;0V06V;?=!,DV;0
WhZWK^Z>/D/d/EhZd/KEdKd,tZZEdzWZ/K^d&KZd,KsEEK
tZZEd/^t,d,ZyWZ^^KZ/DW>/t/>>WW>z&dZd,tZZEdzWZ/K^KD
^dd^WZKs/E^E:hZ/^/d/KE^KEKd>>Kt>/D/dd/KE^KE,Kt>KE'
E/DW>/tZZEdz>^d^^Kd,Ks>/D/dd/KEDzEKdWW>zdKzKhd,/^tZZEdz
'/s^zKh^W/&/>'>Z/',d^EzKhDz>^K,sKd,ZZ/',d^t,/,sZz&ZKD
C?V?Z0?_0C?V?Z0_;06;_Y=3!Z0?_06;_Y=3!ZO
ŽŶƚĂĐƚ,ƵŶƚŬĞLJh^/ŶĐ
&ŽƌĐƵƐƚŽŵĞƌƐĞƌǀŝĐĞƉůĞĂƐĞĐĂůůϭͲϴϬϬͲϵϳϱͲϳϵϬϵ
,ƵŶƚŬĞLJh^/ŶĐ
LGLW06(&%"0B%).(8"0C2*$%0GWH
KdžŶĂƌĚϵϯϬϯϲ
!."8-0+1,-8.1-!"##"$82-$+8-?+<1#U
34(4#)!"#$%&(5&+&%"#,%67,8)9,%)1,%&):+9,%8"#4,+
background
-,.&%)-,/)/&)
!"#$%&'()*&+&%"#,%
1"+$"2)/&2)0($"%4,
background
-,.&%)-,/)/&)
!"#$%&'()*&+&%"#,%
!"#$%#*8"
=#&$)2..*"#%&08%0C%+2)*8(80=E-")$(#$%&
V8S%)$%#.*(
6)%.(2.*b#
=#$)"82..*b#
P%&%E-(.(0%>06"7%)06"808%03($2)%4&05%#%)($")
!"#".%0%>06"7%)06"808%03($2)%4&05%#%)($")
,&(#8"0%>06"7%)06"808%03($2)%4&05%#%)($")
!bE"0!()+()0%>06"7%)06"803($2)%4&05%#%)($")
!bE"0*#&$(>()0%>06"7%)06"808%03($2)%4&05%#%)($")0%#.*E(08%>03($2)%4&05%#%)($")
!bE"0."#%.$()0%>06"7%)06"808%03($2)%4&05%#%)($")0(>03($2)%4&05%#%)($")
!bE"0E(#$%#%)0F0(>E(.%#()0%>06"7%)06"808%03($2)%4&05%#%)($")
C">2.*b#08%06)"R>%E(&
ƐƉĞĐŝĮĐĂĐŝŽŶĞƐdĠĐŶŝĐĂƐ
'ĂƌĂŶơĂ>ŝŵŝƚĂĚĂ
GN
IL
GN
Gc
IM
IL
LI
IW
IW
LG
LG
LG
LL
IG
background
!(
I$,8#466%+$1,-01-91&4#%0"0-I7)+#8"$81,
GO0D%%0%&$(&0*#&$)2..*"#%&
IO052()8(0%&$(&0*#&$)2..*"#%&O0
LO06"#0($%#.*b#0(0$"8(&0>(&0(8S%)$%#.*(&O0
MO0C*+2%0$"8(&0>(&0*#&$)2..*"#%&O0
KO03"02&%&0%&$%0(-()($"0.%).(08%>0(+2(O
ϲEŽďůŽƋƵĞĞƐŶŝŶŐƵŶĂĂďĞƌƚƵƌĂĚĞǀĞŶƟůĂĐŝſŶ
ϳEŽůŽƵƐĞƐĐĞƌĐĂĚĞŐĂƐĞƐŇĂŵĂďůĞƐŽŚƵŵŽŽĚĞĂůŐƷŶŽƚƌŽĂƉĂƌĂƚŽƋƵĞƉƌŽĚƵnjĐĂƵŶĂŐƌĂŶ
ĐĂŶƟĚĂĚĚĞĐĂůŽƌ
ϴ^ŽůŽƵƐĂůŽƐĂĚŝƚĂŵĞŶƚŽƐĂĐĐĞƐŽƌŝŽƐĞƐƉĞĐŝĮĐĂĚŽƐƉŽƌĞůĨĂďƌŝĐĂŶƚĞ
ϵhƐĂƐŽůŽĐŽŶĞůĐĂƌƌŝƚŽĞƐƉĞĐŝĮĐĂĚŽƉŽƌĞůĨĂďƌŝĐĂŶƚĞŽǀĞŶĚŝĚŽĐŽŶĞůĂƉĂƌĂƚŽƵĂŶĚŽƵƐĞƐƵŶ
ĐĂƌƌŝƚŽƚĞŶĐƵŝĚĂĚŽĂůŵŽǀĞƌůĂĐŽŵďŝŶĂĐŝſŶĚĞĐĂƌƌŝƚŽĂƉĂƌĂƚŽƉĂƌĂĞǀŝƚĂƌůĞƐŝŽŶĞƐƉŽƌǀƵĞůĐŽ
ϭϬZĞŵŝƚĞƚŽĚŽĞůƐĞƌǀŝĐŝŽƚĠĐŶŝĐŽĂƉĞƌƐŽŶĂůĚĞƐĞƌǀŝĐŝŽĐĂůŝĮĐĂĚŽůƐĞƌǀŝĐŝŽƐĞƌĞƋƵŝĞƌĞĐƵĂŶĚŽ
ĞůĂƉĂƌĂƚŽƐĞŚĂĚĂŹĂĚŽĚĞĂůŐƵŶĂĨŽƌŵĂƉŽƌĞũĞŵƉůŽƐŝĞůĐĂďůĞĚĞĂůŝŵĞŶƚĂĐŝſŶŽĞůĞŶĐŚƵĨĞ
ĞƐƚƵǀŝĞƌĂŶĚĂŹĂĚŽƐƐŝƐĞŚƵďŝĞƌĂĚĞƌƌĂŵĂĚŽůşƋƵŝĚŽŽƐŝŚƵďŝĞƌĂĐú̎ĂůŐƷŶŽďũĞƚŽĚĞŶƚƌŽĚĞů
ĂƉĂƌƚŽĞůĂƉĂƌĂƚŽŚĂLJĂĞƐƚĂĚŽĞdžƉƵĞƐƚŽĂůĂůůƵǀŝĂŽůĂŚƵŵĞĚĂĚŶŽĨƵŶĐŝŽŶĂŶŽƌŵĂůŵĞŶƚĞŽƐĞ
ŚĂLJĂĐú̎
ϭϭůĂƉĂƌĂƚŽŶŽĚĞďĞĞdžƉŽŶĞƌƐĞĂŐŽƚĞŽƐŽƐĂůƉŝĐĂĚƵƌĂƐLJŶŽĚĞďĞŶĐŽůŽĐĂƌƐĞŽďũĞƚŽƐůůĞŶŽƐĚĞ
ůşƋƵŝĚŽƐĐŽŵŽũĂƌƌŽŶĞƐƐŽďƌĞĞůĂƉĂƌĂƚŽ
V0<1#81$6%"
F1*%&#+-01-'()*+,%W$
EŽƋƵĞŵĞƐŶŝŝŶĐŝŶĞƌĞƐĞƐƚĞĂƌơĐƵůŽƐƚĞĂƌơĐƵůŽƉƵĞĚĞĞdžƉůŽƚĂƌĐĂƵƐĂŶĚŽůĞƐŝŽŶĞƐƉĞƌƐŽŶĂůĞƐŽ
ĚĂŹŽƐEŽůŽƵƐĞƐĐĞƌĐĂĚĞŐĂƐĞƐŽŚƵŵŽƐŝŶŇĂŵĂďůĞƐƵŽƚƌŽƐĂƉĂƌĂƚŽƐƋƵĞƉƌŽĚƵnjĐĂŶŐƌĂŶĚĞƐĐĂŶ
ƟĚĂĚĞƐĚĞĐĂůŽƌ
5%1,&+-01-'$1#&X"-2-Y417"04#",
ůWŽǁĞƌWŽĚĚĞEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌƟĞŶĞƵŶĂďĂƚĞƌşĂĚĞƉůŽŵŽĄĐŝĚŽƐĞůůĂĚĂƋƵĞƉƵĞĚĞ
-)%&%#$()02#0)*%&+"08%0d2%E(82)(08%R*8"0(02#0.")$".*).2*$"O
F%1/",-01-#1)41,8+
ƵĂŶĚŽƐĞƌĞƋƵŝĞƌĞŶƉŝĞnjĂƐĚĞƌĞƉƵĞƐƚŽĂƐĞŐƷƌĂƚĞĚĞƋƵĞĞůƚĠĐŶŝĐŽĚĞƐĞƌǀŝĐŝŽƵƐĞůĂƐƉŝĞnjĂƐĚĞ
ƌĞƉƵĞƐƚŽĞƐƉĞĐŝĮĐĂĚĂƐƉŽƌĞůĨĂďƌŝĐĂŶƚĞƋƵĞƚĞŶŐĂŶůĂƐŵŝƐŵĂƐĐĂƌĂĐƚĞƌşƐƟĐĂƐƋƵĞůĂƉŝĞnjĂŽƌŝŐŝŶĂů
>ĂƐƐƵƐƟƚƵĐŝŽŶĞƐŶŽĂƵƚŽƌŝnjĂĚĂƐƉƵĞĚĞŶƉƌŽǀŽĐĂƌŝŶĐĞŶĚŝŽƐĚĞƐĐĂƌŐĂƐĞůĠĐƚƌŝĐĂƐůĞƐŝŽŶĞƐ
-%)&"#(>%&020"$)"&0-%>*+)"&O
sĞƌŝĮĐĂĐŝſŶĚĞƐĞŐƵƌŝĚĂĚ
ĞƐƉƵĠƐĚĞĐŽŵƉůĞƚĂƌĐƵĂůƋƵŝĞƌƐĞƌǀŝĐŝŽŽƌĞƉĂƌĂĐŝſŶĚĞĞƐƚĞĚŝƐƉŽƐŝƟǀŽƉşĚĞůĞĂůƚĠĐŶŝĐŽĚĞ
ƐĞƌǀŝĐŝŽƋƵĞƌĞĂůŝĐĞůĂƐǀĞƌŝĮĐĂĐŝŽŶĞƐĚĞƐĞŐƵƌŝĚĂĚĚĞƌƵƟŶĂƉĂƌĂĚĞƚĞƌŵŝŶĂƌƐŝĞůWŽǁĞƌWŽĚĚĞ
EĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌĞƐƚĄĞŶůĂƐĐŽŶĚŝĐŝŽŶĞƐŽƉĞƌĂƟǀĂƐĐŽƌƌĞĐƚĂƐ
91#<%6%+
ƐƚĂƐŝŶƐƚƌƵĐĐŝŽŶĞƐĚĞƐĞƌǀŝĐŝŽƐŽŶƉĂƌĂƵƐŽĞdžĐůƵƐŝǀŽĚĞƉĞƌƐŽŶĂůĐĂůŝĮĐĂĚŽWĂƌĂƌĞĚƵĐŝƌĞůƌŝĞƐŐŽ
ĚĞĚĞƐĐĂƌŐĂĞůĠĐƚƌŝĐĂŶŽƌĞĂůŝĐĞƐŶŝŶŐƵŶĂŽƚƌĂƌĞƉĂƌĂĐŝſŶƋƵĞŶŽƐĞĂůĂĐŽŶƚĞŶŝĚĂĞŶůĂƐ
ŝŶƐƚƌƵĐĐŝŽŶĞƐĚĞĨƵŶĐŝŽŶĂŵŝĞŶƚŽĂŵĞŶŽƐƋƵĞĞƐƚĠƐĐĂůŝĮĐĂĚŽƉĂƌĂŚĂĐĞƌůŽ
34(4#")+"#$%&(5&+&%"#,%67,8);"%"),<#&+&%)8=()4+9,%8"74>+
background
!)
F#16"46%W$
="Z+,->41-#1>4%1#1$-,1#<%6%+
ĞũĂĚĞƵƐĂƌĞůWŽǁĞƌWŽĚĚĞEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌLJƌĞŵŝƚĞĞůƐĞƌǀŝĐŝŽĂůƉĞƌƐŽŶĂůĚĞƐĞƌǀŝĐŝŽ
ĐĂůŝĮĐĂĚŽďĂũŽůĂƐƐŝŐƵŝĞŶƚĞƐĐŽŶĚŝĐŝŽŶĞƐ
ͻ^ŝƐĞŚĂĚĞƌƌĂŵĂĚŽůşƋƵŝĚŽŽŚĂŶĐú̎ŽďũĞƚŽƐĞŶĞůWŽǁĞƌWŽĚĚĞEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌ
ͻ^ŝĞůWŽǁĞƌWŽĚĚĞEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌŚĂƐŝĚŽĞdžƉƵĞƐƚŽĂůĂůůƵǀŝĂŽĞůĂŐƵĂ
ͻ^ŝĞůWŽǁĞƌWŽĚĚĞEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌƐĞŚĂĐú̎ŽĚĂŹĂĚŽĚĞĂůŐƵŶĂŵĂŶĞƌĂ
Q0!2(#8"0%>06"7%)06"808%03($2)%4&05%#%)($")0E2%&$)(02#0.(ER*"0#"$(R>%0%#0%>0)%#8*E*%#$"O
?*%7"-:#X+
>ĂƐƚĞŵƉĞƌĂƚƵƌĂƐĨƌşĂƐƉƵĞĚĞŶĂĨĞĐƚĂƌĞůƌĞŶĚŝŵŝĞŶƚŽĚĞůWŽǁĞƌWŽĚĚĞEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌ
^ŝƚĞĞŶĐƵĞŶƚƌĂƐĞŶƵŶĄƌĞĂĐŽŶƵŶĂĐŽŶƐŝƐƚĞŶĐŝĂƉŽƌĚĞďĂũŽĚĞůĂĐŽŶŐĞůĂĐŝſŶƚĞƌĞĐŽŵĞŶĚĂŵŽƐ
d2%0E(#$%#+(&0%>06"7%)06"808%03($2)%4&05%#%)($")0%#02#0>2+()0(*&>(8"0F0."#%.$(8"0(02#0-(#%>0
&">()O
516%6*"[1-2-1*%7%$"6%W$
ůWŽǁĞƌWŽĚĚĞEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌƉƵĞĚĞĐŽŶƚĞŶĞƌŵĂƚĞƌŝĂůĞƐƌĞŐƵůĂĚŽƐƉŽƌƌĂnjŽŶĞƐĂŵďŝĞŶƚĂůĞƐ
ůWŽǁĞƌWŽĚĚĞEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌƚĂŵďŝĠŶĐŽŶƟĞŶĞŵĂƚĞƌŝĂůĞƐƋƵĞƐĞƉƵĞĚĞŶƌĞĐŝĐůĂƌLJƌĞƵƟůŝnjĂƌ
WĂƌĂĂLJƵĚĂƌĂƉƌŽƚĞŐĞƌĞůŵĞĚŝŽĂŵďŝĞŶƚĞĐŽŵƵŶşĐĂƚĞĐŽŶůĂƐĂƵƚŽƌŝĚĂĚĞƐůŽĐĂůĞƐƉĂƌĂŽďƚĞŶĞƌ
ŝŶĨŽƌŵĂĐŝſŶƐŽďƌĞůĂĞůŝŵŝŶĂĐŝſŶŽĞůƌĞĐŝĐůĂũĞLJƐŽďƌĞĐſŵŽĞŶĐŽŶƚƌĂƌƵŶƌĞĐŝĐůĂĚŽƌĞŶƐƵĄƌĞĂ
(#$%&08%08%&<(.%)$%08%>06"7%)06"808%03($2)%4&05%#%)($")O
34(4#")+"#$%&(5&+&%"#,%67,8);"%"),<#&+&%)8=()4+9,%8"74>+
background
"*
I$8#+0466%W$
&ĞůŝĐŝĚĂĚĞƐƉŽƌƚƵŶƵĞǀŽWŽǁĞƌWŽĚĚĞEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌƵŶĂŐƌĂŶĂĚŝĐŝſŶĂƚƵEĂƚƵƌĞΖƐ
5%#%)($")O
=1,17)"6"$0+-1*-F+@1#-F+0-01-C"84#1D,-E1$1#"8+#
GO0Z>06"7%)06"808%03($2)%4&05%#%)($")
ϮĂũĂĚĞĂĐĐĞƐŽƌŝŽƐ
ϯƐƚĂ'ƵşĂĚĞůhƐƵĂƌŝŽ
34(4#")+"#$%&(5&+&%"#,%67,8);"%"),<#&+&%)8=()4+9,%8"74>+
background
?+$+6%1$0+-1*-F+@1#-F+0-01-C"84#1D,-E1$1#"8+#
F"$1*-H#+$8"*-
'$8#"0"-,+*"#J-
WĂƌĂĐŽŶĞĐƚĂƌĐŽŶƉĄŶĞůĞƐƐŽůĂƌĞƐ
ƐƚĞƉƵĞƌƚŽĚĞŶĚĞƌƐŽŶĞƐƚĄ
ĚŝƐĞŹĂĚŽƉĂƌĂƐĞƌƵƟůŝnjĂĚŽĐŽŶŚĂƐƚĂ
ϮϬϬǀĂƟŽƐĚĞĞŶĞƌŐşĂƐŽůĂƌ
O+8W$-01-*4/-K'=J-
6)%&*b#(>"0-()(0E"&$)()0%>0#*S%>08%0>(0
ďĂƚĞƌşĂ
K461,-K'=J
Y*%#8"08%0@)%#$%06"7%)06"808%0
EĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌĚĞŝnjƋƵŝĞƌĚĂĂ
ĚĞƌĞĐŚĂůĂƉƌŝŵĞƌĂůƵnjƐĞŵŽƐƚƌĂƌĄ
ĞŶƌŽũŽůŽƋƵĞŝŶĚŝĐĂƵŶĂĐĂƌŐĂĚĞů
ϮϬйůƐĞŐƵŶĚŽŝŶĚŝĐĂĚŽƌŵŽƐƚƌĂƌĄ
ǀĞƌĚĞŝŶĚŝĐĂŶĚŽĞůϰϬйĚĞůĂƉŽƚĞŶĐŝĂ
ĞůƚĞƌĐĞƌŽŵŽƐƚƌĂƌĄǀĞƌĚĞŝŶĚŝĐĂŶĚŽ
ĞůϲϬйĚĞůĂƉŽƚĞŶĐŝĂĞůĐƵĂƌƚŽ
ŵŽƐƚƌĂƌĄǀĞƌĚĞŝŶĚŝĐĂŶĚŽĞůϴϬйĚĞ
ůĂƉŽƚĞŶĐŝĂLJůŽƐƷůƟŵŽƐĐŝŶĐŽ
ŵŽƐƚƌĂƌĄŶǀĞƌĚĞŝŶĚŝĐĂŶĚŽϭϬϬйĚĞ
>(0%>%.$)*.*8(8O
F41#8+-01-LMNJ0
ůƉƵĞƌƚŽĚĞϭϮsĞƐƚĄĚŝƐĞŹĂĚŽ
ƉĂƌĂƉƌŽƉŽƌĐŝŽŶĂƌŚĂƐƚĂϮϰϬǀĂƟŽƐ
8%0-"$%#.*(O
F"$1*-)+,81#%+#
'()"$,%W$JŽŶĞĐƚŽƌĚĞĐĂĚĞŶĂƟƉŽŵĂƌŐĂƌŝƚĂ,ĂLJƵŶ
%&-(.*"0(R*%)$"0%#0>(0-()$%0&2-%)*")08%>0."#%.$")0-()(0
ĞůĐĂďůĞĚĞĞdžƉĂŶƐŝſŶ
34(4#")+"#$%&(5&+&%"#,%67,8);"%"),<#&+&%)8=()4+9,%8"74>+
"!
background
ŽŵƉĂƌƟŵĞŶƚŽ^ƵƉĞƌŝŽƌ
?"3*1-01-1()"$,%W$J-ĂďůĞĚĞĞdžƉĂŶƐŝſŶĚĞϯϱ
-2>+(8(&08%0>()+"O
""
34(4#")+"#$%&(5&+&%"#,%67,8);"%"),<#&+&%)8=()4+9,%8"74>+
background
?W7+-?"#&"#-1*-F+@1#-F+0-01-C"84#1D,-E1$1#"8+#
?"#&"$0+-6+$-F\$1*1,-9+*"#1,
ϭŽůŽĐĂƚƵƉĂŶĞůƐŽůĂƌĚŽŶĚĞƌĞĐŝďĂůĂŵĂLJŽƌĐĂŶƟĚĂĚƉŽƐŝďůĞĚĞůƵnjƐŽůĂƌĚŝƌĞĐƚĂ^ŝďŝĞŶƐŝĞŵƉƌĞ
ƐĞƉƌĞĮĞƌĞůĂůƵnjƐŽůĂƌĚŝƌĞĐƚĂůŽƐƉĄŶĞůĞƐƐŽůĂƌĞƐĚĞďĞŶĞƐƚĂƌĐŽŶĞĐƚĂĚŽƐĞŶƚŽĚŽŵŽŵĞŶƚŽƉĂƌĂ
ƉƌŽƉŽƌĐŝŽŶĂƌƵŶĂĐĂƌŐĂĚĞŐŽƚĞŽĐŽŶƐƚĂŶƚĞĂƚƵďĂƚĞƌşĂ>ŽƐƉĄŶĞůĞƐƐŽůĂƌĞƐƚĂŵďŝĠŶĞŶǀŝĂƌĄŶ
.()+(0(0$202#*8(80E*%#$)(&0&%0%#.2%#$)%0%#0.*%>"&0#2R>(8"&O
IO00=#&%)$(0%>0%#.<2@%08%>0-(#%>0&">()0%#0%>0-2%)$"08%0Z#$)(8(0C">()0%#0>(0-()$%0@)"#$(>08%>06"7%)0
WŽĚĚĞƚƵEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌ^ĂďƌĄƐƋƵĞƐĞĞƐƚĄĐĂƌŐĂŶĚŽĐƵĂŶĚŽůĂƐůƵĐĞƐ>ĐŽŵŝĞŶĐĞŶĂĨ
ƵŶĐŝŽŶĂƌ>ĂƐůƵĐĞƐ>ƉĞƌŵĂŶĞĐĞŶĞŶĐĞŶĚŝĚĂƐĐƵĂŶĚŽůĂďĂƚĞƌşĂĞƐƚĄůůĞŶĂŽŶŽŚĂLJƐƵĮĐŝĞŶƚĞ
ĞŶĞƌŐşĂĚĞůƉĂŶĞůƐŽůĂƌ
LO0C%0$()8(0%#$)%0GW0F0GK0<")(&0%#0)%.()+()0%>06"7%)06"808%03($2)%4&05%#%)($")0&*0&%02&(02#0-(#%>0
ƐŽůĂƌĚĞϭϬϬǀĂƟŽƐLJƚĂŵďŝĠŶĚĞƉĞŶĚĞĚĞůĂĨƵĞƌnjĂĚĞůĂůƵnjƐŽůĂƌ
ϰWĂƌĂĂƵŵĞŶƚĂƌůĂǀĞůŽĐŝĚĂĚĚĞƌĞĐĂƌŐĂƉƵĞĚĞƐĐŽŶĞĐƚĂƌĞŶĐĂĚĞŶĂǀĂƌŝŽƐƉĄŶĞůĞƐƐŽůĂƌĞƐĞŶ
ĐŽŶĞdžŝſŶƉĂƌĂůĞůĂůƉƵĞƌƚŽĚĞĞŶƚƌĂĚĂƐŽůĂƌƉƵĞĚĞĂŐƵĂŶƚĂƌŚĂƐƚĂϮϬϬǀĂƟŽƐĚĞĞŶĞƌŐşĂƐŽůĂƌ
sŝƐŝƚĂŶĂƚƵƌĞƐŐĞŶĞƌĂƚŽƌĐŽŵƉĂƌĂŽďƚĞŶĞƌŝŶĨŽƌŵĂĐŝſŶƐŽďƌĞůĂĐŽŵƉƌĂĚĞƉĄŶĞůĞƐƐŽůĂƌĞƐ
(8*.*"#(>%&O
?"#&"$0+-01,01-1*-C"84#1D,-E1$1#"8+#
ϭŽŶĞĐƚĂĞůWŽǁĞƌWŽĚĚĞEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌĂůEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌ;ŶŽŝŶĐůƵŝĚŽĞŶůĂĐĂũĂͿ
ƵƐĂŶĚŽĞůĐĂďůĞĚĞĞdžƉĂŶƐŝſŶ
ϮƵĂŶĚŽĞůEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌƐĞĞƐƚĠĐĂƌŐĂŶĚŽƵƐĂŶĚŽĞŶĞƌŐşĂƐŽůĂƌĞſůŝĐĂŽĐŽŶĞĐƚĂĚŽĂůĂ
ƉĂƌĞĚĞůWŽǁĞƌWŽĚĚĞƚƵEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌƐĞĐĂƌŐĂƌĄĂůŵŝƐŵŽƟĞŵƉŽ.
ϯ>ĂƐůƵĐĞƐ>ŶŽƐĞĞũĞĐƵƚĂŶŵŝĞŶƚƌĂƐĞůWŽǁĞƌWŽĚĚĞEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌƐĞƌĞĐĂƌŐĂĚĞƐĚĞĞů
EĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌƉĞƌŽƉƵĞĚĞƐƉƌĞƐŝŽŶĂƌĞůďŽƚſŶĚĞůƵnj>ƉĂƌĂǀĞƌŝĮĐĂƌĞůŶŝǀĞůĚĞůĂďĂƚĞƌşĂ
A,"$0+-1*-F+@1#-F+0-01-C"84#1D,-E1$1#"8+#
"#34(4#")+"#$%&(5&+&%"#,%67,8);"%"),<#&+&%)8=()4+9,%8"74>+
background
"$
?W7+-%$,8"*"#-1*-F+@1#-F+0-01-C"84#1D,-E1$1#"8+#-1$6%7"-01*-C"84#1D,-E1$1#"8+#
Y4]-1,8\-%$6*4%0+-1$-*"-6"["-01-"661,+#%+,
GO0C"-")$%&
IO0?")#*>>"&0F0$2%).(&
ϮϱŵŵdžϮƉŝĞnjĂƐ
ϭϲŵŵdžϮƉŝĞnjĂƐ
LO0[())(08%>06"7%)06"8
MO0:%))(E*%#$(&
34(4#")+"#$%&(5&+&%"#,%67,8);"%"),<#&+&%)8=()4+9,%8"74>+
background
"%
F#+610%7%1$8+,-01-%$,8"*"6%W$
WĂƐŽϭůĞǀĂŶƚĂĞůWŽǁĞƌWŽĚĚĞEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌLJĐŽůſĐĂůŽƐŽďƌĞĞůEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌ
ƐĞŐƷƌĂƚĞĚĞƋƵĞůŽƐƉŝĞƐĚĞůWŽǁĞƌWŽĚĚĞEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌƐĞĞŶĐƵĞŶƚƌĞŶĞŶƚƌĞĞůĂƐĂLJůĂ
.2R*%)$(0&2-%)*")08%>03($2)%4&05%#%)($")O
34(4#")+"#$%&(5&+&%"#,%67,8);"%"),<#&+&%)8=()4+9,%8"74>+
background
WĂƐŽϮZĞƟƌĂůŽƐĚŽƐƉĞƌŶŽƐĚĞůWŽǁĞƌWŽĚĚĞEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌĐŽŶůĂůůĂǀĞůůĞŶŝŶĐůƵŝĚĂ
ĞũĂĂƵŶĞƐƚŽƐĚŽƐƚŽƌŶŝůůŽƐƉŽƌĂŚŽƌĂLJĂƋƵĞƐĞƌĞƵƟůŝnjĂƌĄŶĞŶĞůƉĂƐŽϱĂĐŽŶƟŶƵĂĐŝſŶ
"&
34(4#")+"#$%&(5&+&%"#,%67,8);"%"),<#&+&%)8=()4+9,%8"74>+
background
WĂƐŽϯŽůŽĐĂůŽƐƐŽƉŽƌƚĞƐĞŶĞůĐĂƌƌŝƚŽůƐŽƉŽƌƚĞĐŽŝŶĐŝĚŝƌĄĐŽŶůĂĨŽƌŵĂĚĞůŵĂƌĐŽĚĞůĐĂƌƌŽ
D(0-()$%0.2)S(08%>0&"-")$%08%R%0.">".()&%0%#0>(0-()$%0-"&$%)*")08%>0.())*$"0F0>(0-()$%0)%.$(08%>0
&"-")$%08%R%0.">".()&%0%#0>(0-()$%0@)"#$(>08%>0.())*$"O
"'
34(4#")+"#$%&(5&+&%"#,%67,8);"%"),<#&+&%)8=()4+9,%8"74>+
background
WĂƐŽϰhƟůŝnjĂƚŽƌŶŝůůŽƐLJƚƵĞƌĐĂƐƟƉŽƉĂƌĂĂƐĞŐƵƌĂƌůŽƐĚŽƐƐŽƉŽƌƚĞƐhƐĂƵŶĂůůĂǀĞƉĂƌĂƐƵũĞƚĂƌ
>(&0$2%).(&08%0>(0>>(S%0V>>%#0-()(0(-)%$()0>"&0-%)#"&O
"(
V
V
34(4#")+"#$%&(5&+&%"#,%67,8);"%"),<#&+&%)8=()4+9,%8"74>+
background
WĂƐŽϱŽůŽĐĂůĂĐĄƉƐƵůĂĚĞƉŽĚĞƌĞŶůĂƉĂƌƚĞƐƵƉĞƌŝŽƌĚĞůWŽǁĞƌWŽĚĚĞEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌ
=#&%)$(0>"&0$")#*>>"&0d2%0&%0d2*$()"#0%#0%>0-(&"0I0."#0>(0>>(S%0V>>%#O
")
34(4#")+"#$%&(5&+&%"#,%67,8);"%"),<#&+&%)8=()4+9,%8"74>+
background
WĂƐŽϲhƐĂůŽƐƉĞƌŶŽƐLJƚƵĞƌĐĂƐƟƉŽƉĂƌĂĂƐĞŐƵƌĂƌůŽƐƐŽƉŽƌƚĞƐLJůĂďĂƌƌĂĚĞůĂĐĄƉƐƵůĂĚĞƉŽĚĞƌ
hƐĂůĂůůĂǀĞƉĂƌĂƐƵũĞƚĂƌůĂƐƚƵĞƌĐĂƐLJůĂůůĂǀĞůůĞŶƉĂƌĂĂƉƌĞƚĂƌůŽƐƉĞƌŶŽƐ
[
#*
34(4#")+"#$%&(5&+&%"#,%67,8);"%"),<#&+&%)8=()4+9,%8"74>+
background
?W7+-6+$168"#-1*-F+@1#-F+0-01-C"84#1D,-E1$1#"8+#-"*-C"84#1D,-E1$1#"8+#
WƵĞĚĞƐĐŽŶĞĐƚĂƌĞůWŽǁĞƌWŽĚĚĞEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌĂƚƵEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌƉĂƌĂĞdžƚĞŶĚĞƌĞů
ƟĞŵƉŽĚĞƵƐŽ
ϭďƌĞůĂĐƵďŝĞƌƚĂƐƵƉĞƌŝŽƌĚĞůWŽǁĞƌWŽĚĚĞEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌƵďŝĐĂĞůĐĂďůĞĚĞĞdžƉĂŶƐŝſŶLJ
ĞdžƟĞŶĚĞĞůĐĂďůĞĚĞĞdžƉĂŶƐŝſŶĚĞůWŽǁĞƌWŽĚĂƚƌĂǀĠƐĚĞůĂĂďĞƌƚƵƌĂĞŶůĂƉĂƌƚĞƉŽƐƚĞƌŝŽƌĚĞů
6"7%)06"8O00
Ϯ>ŽĐĂůŝnjĂĞůƉƵĞƌƚŽĚĞĞdžƉĂŶƐŝſŶĞŶůĂƉĂƌƚĞƉŽƐƚĞƌŝŽƌĚĞƚƵEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌLJĂďƌĞůĂ
.2R*%)$(08%0+"E(O0
ϯŽŶĞĐƚĂĞůĐĂďůĞĚĞĞdžƉĂŶƐŝſŶĂůƉƵĞƌƚŽĚĞĞdžƉĂŶƐŝſŶĞďŝĚŽĂůĂĐĂŶƟĚĂĚĚĞǀŽůƚĂũĞƋƵĞƐĞ
ĞũĞĐƵƚĂĞŶƚƌĞĞůEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌLJĞůWŽǁĞƌWŽĚĚĞEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌĞƐƚĞĞƐƵŶĂũƵƐƚĞŵƵLJ
ĂƉƌĞƚĂĚŽƉĂƌĂŐĂƌĂŶƟnjĂƌƋƵĞŶŽƐĞƉƌŽĚƵnjĐĂŶĚĞƐĐĂƌŐĂƐĞůĠĐƚƌŝĐĂƐĚƵƌĂŶƚĞůĂĐŽŶĞdžŝſŶ
ϰůŝĐŽŶŽĚĞdžƉĂŶƐŝſŶ;ĞŶůĂĐĞĚĞĐĂĚĞŶĂͿƐĞŝůƵŵŝŶĂƌĄĞŶůĂƉĂŶƚĂůůĂĚĞůEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌ
ƉĂƌĂŝŶĚŝĐĂƌƋƵĞĞůWŽǁĞƌWŽĚĞƐƚĄĐŽŶĞĐƚĂĚŽ
džƉĞƌŝŵĞŶƚĂƌĄƐƵŶĂƵŵĞŶƚŽĞŶĞůƟĞŵƉŽĚĞĞũĞĐƵĐŝſŶĚĞĂƉƌŽdžŝŵĂĚĂŵĞŶƚĞϭϲϳйĂůĂŐƌĞŐĂƌƵŶ
WŽǁĞƌWŽĚĚĞEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌĂƉƌŽdžŝŵĂĚĂŵĞŶƚĞϯϯϯйĂůĂŐƌĞŐĂƌĚŽƐWŽǁĞƌWŽĚƐLJĂůϱϬϬй
(>0(+)%+()0$)%&06"7%)06"8&O
?W7+-S"$81$1#-2-V*7"61$"#-84-F+@1#-F+0-01-C"84#1D,-E1$1#"8+#
ZĞĐĂƌŐĂƚƵWŽǁĞƌWŽĚĚĞEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌƵŶĂǀĞnjĐĂĚĂĐƵĂƚƌŽŵĞƐĞƐLJĂůŵĂĐĠŶĂůŽĞŶƵŶůƵŐĂƌ
ǀĞŶƟůĂĚŽĨƌĞƐĐŽLJƐĞĐŽ^ŝĞƐƉŽƐŝďůĞĐŽŶĞĐƚĞƐƵWŽǁĞƌWŽĚĞƌĚĞEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌĂůƉĂŶĞů
ƐŽůĂƌŵŝĞŶƚƌĂƐĞƐƚĄĂůŵĂĐĞŶĂĚŽƉĂƌĂĐŽŵƉůĞƚĂƌĞůǀŽůƚĂũĞĚĞůĂďĂƚĞƌşĂƐƚŽŵĂŶƟĞŶĞůĂďĂƚĞƌşĂ
ƐĂŶĂLJƉƌŽůŽŶŐĂƐƵǀŝĚĂƷƟů^ŝŶŽƐĞƌĞĂůŝnjĂĞůŵĂŶƚĞŶŝŵŝĞŶƚŽĚĞůWŽǁĞƌWŽĚĚĞEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌ
ŵĞĚŝĂŶƚĞĞƐƚŽƐƉĂƐŽƐƐĞƉƵĞĚĞĚĂŹĂƌůĂďĂƚĞƌşĂůŽƋƵĞĂŶƵůĂƌĄůĂŐĂƌĂŶơĂĚĞůƉƌŽĚƵĐƚŽ
D*E-*(0%>06"7%)06"808%03($2)%4&05%#%)($")0."#02#0-(e"0&2(S%0F0&*#0-%>2&(&O0C*0%>06"7%)06"808%0
EĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌĞƐƚĄĞƐƉĞĐŝĂůŵĞŶƚĞƐƵĐŝŽŚƵŵĞĚĞĐĞƵŶƉĂŹŽƐƵĂǀĞLJƐŝŶƉĞůƵƐĂĞŶƵŶĂ
ƐŽůƵĐŝſŶĚĞĚĞƚĞƌŐĞŶƚĞĚĠďŝůĞdžƉƌŝŵĞĞůĞdžĐĞƐŽĚĞŚƵŵĞĚĂĚĚĞůƉĂŹŽLJůƵĞŐŽůŝŵƉŝĂĞůŐĂďŝŶĞƚĞ
."#0%>0-(e"O0,&(02#0-(e"0>*E-*"0-()(0&%.()0%>06"7%)06"808%03($2)%4&05%#%)($")O0
9+*46%W$-01-)#+3*17",-
"9!/.0)(!/.1!1)!$%&'();+!,)-)(%&.(!-.!+)!2%(4%!2'%-1.!7)!2.-)2&.!69!8%-)7!+.7%(:
6")0@(S")0&*+2%0%&$"&0-(&"&O
ϭƐĞŐƷƌĂƚĞĚĞƋƵĞĞůƉĂŶĞůƐŽůĂƌĂƉƵŶƚĞĚŝƌĞĐƚĂŵĞŶƚĞŚĂĐŝĂĞůƐŽůƐƉƌĞĨĞƌŝďůĞĐŽůŽĐĂƌĞůƉĂŶĞů
ƐŽůĂƌŽƌŝĞŶƚĂĚŽŚĂĐŝĂĞůƐƵƌůƉĂŶĞůƐŽůĂƌƉƵĞĚĞƉƌŽĚƵĐŝƌƉŽĐĂŽŶĂĚĂĚĞĞŶĞƌŐşĂƐŝƐĞĐŽůŽĐĂĞŶ
>(0&"ER)(O
ϮsĞƌŝĮĐĂůĂĐŽŶĞdžŝſŶĚĞůĐĂďůĞĞŶĞůWŽǁĞƌWŽĚĚĞEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌLJĂƐĞŐƷƌĂƚĞĚĞƋƵĞĞƐƚĠ
."))%.$(E%#$%0."#%.$(8"O
ϯ>ĂƉĂŶƚĂůůĂ>ƐĞĞŶĐŝĞŶĚĞƉĞƌŽůĂďĂƚĞƌşĂŶŽĞƐƚĄĨƵŶĐŝŽŶĂŶĚŽƐƚŽƐŝŐŶŝĮĐĂƋƵĞĞůƉĂŶĞů
ƐŽůĂƌŚĂĐĂƌŐĂĚŽĐŽŵƉůĞƚĂŵĞŶƚĞĞůWŽǁĞƌWŽĚĚĞEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌŽĞůƉĂŶĞůƐŽůĂƌŶŽƟĞŶĞĞů
ǀŽůƚĂũĞƐƵĮĐŝĞŶƚĞƉĂƌĂƌĞĐĂƌŐĂƌĞůWŽǁĞƌWŽĚĚĞEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌ
#!
34(4#")+"#$%&(5&+&%"#,%67,8);"%"),<#&+&%)8=()4+9,%8"74>+
background
#"
O"81#X"J
ĂƚĞƌşĂdŝƉŽ'D^ĞĂůĞĚĐŝĚ
ĂƉĂĐŝĚĂĚϭϬϬŚ;ϭϮϬϬtŚͿ
ƵƚŽĚĞƐĐĂƌŐĂ^ĞƌĞĐŽŵŝĞŶĚĂƌĞĐĂƌŐĂƌĐĂĚĂϰŵĞƐĞƐ
F41#8+,J
ϭϮsWƵĞƌƚŽŚĂƐƚĂϮϬ;ϮϰϬtŵĄdžŝŵŽͿ
ĂďůĞĚĞdžƉĂŶƐŝſŶϯϱƉƵůŐĂĚĂƐ
?"#&",J-
ĂƌŐĂĚŽƌƐŽůĂƌϮϬϬǁĂƩ
>ƵĐĞƐ>ĚĞůEŝǀĞůĚĞůĂĂƚĞƌşĂϱůƵĐĞƐ>
E1$1#"*J-
ŝŵĞŶƐŝŽŶĞƐϭϴdžϭϮdžϭϱƉƵůŐĂĚĂƐ;ϰϳdžϯϬdžϯϴĐŵͿ
dĞŵƉĞƌĂƚƵƌĂĚĞĨƵŶĐŝŽŶĂŵŝĞŶƚŽϯϮͲϭϬϰΣ&;ϬͲϰϬΣ&ͿͿ
dĞŵƉĞƌĂƚƵƌĂĚĞĂůŵĂĐĞŶĂŵŝĞŶƚŽϮϯʹϭϭϭΣ&;ͲϱʹϰϱΣͿ
WĞƐŽĚĞůƉƌŽĚƵĐƚŽϵϮůŝďƌĂƐ
ƐƉĞĐŝĮĐĂĐŝŽŶĞƐƚĠĐŶŝĐĂƐ
34(4#")+"#$%&(5&+&%"#,%67,8);"%"),<#&+&%)8=()4+9,%8"74>+
background
##
'ĂƌĂŶơĂůŝŵŝƚĂĚĂ
'ĂƌĂŶơĂůŝŵŝƚĂĚĂĚĞƵŶĂŹŽ0000
'ĂƌĂŶơĂůŝŵŝƚĂĚĂĚĞƵŶĂŹŽ
,ƵŶƚŬĞLJh^/ŶĐƚĞŐĂƌĂŶƟnjĂĂƟĞůĐŽŵƉƌĂĚŽƌŽƌŝŐŝŶĂůĚĞĞƐƚĞŶƵĞǀŽƉƌŽĚƵĐƚŽƋƵĞĞůƉƌŽĚƵĐƚŽ
ĞƐƚĂƌĄůŝďƌĞĚĞĚĞĨĞĐƚŽƐĞŶůĂĨĂďƌŝĐĂĐŝſŶŽƌŝŐŝŶĂůĚĞůŵĂƚĞƌŝĂůŽŵĂŶŽĚĞŽďƌĂƉŽƌƵŶƉĞƌşŽĚŽĚĞ
ƵŶ;ϭͿĂŹŽĂƉĂƌƟƌĚĞůĂĨĞĐŚĂŽƌŝŐŝŶĂůĚĞĐŽŵƉƌĂĚĞůƉƌŽĚƵĐƚŽ;ΗWĞƌŝŽĚŽĚĞŐĂƌĂŶơĂΗͿƐƚĞ
ƉƌŽĚƵĐƚŽƐĞĚĞďĞĐŽŵƉƌĂƌĞŶƵŶĚŝƐƚƌŝďƵŝĚŽƌĂƵƚŽƌŝnjĂĚŽLJƐĞĚĞďĞĞŵƉĂƋƵĞƚĂƌĐŽŶĞƐƚĂ
ĚĞĐůĂƌĂĐŝſŶĚĞŐĂƌĂŶơĂƐƚĂŐĂƌĂŶơĂŶŽĐƵďƌĞƉƌŽĚƵĐƚŽƐƌĞƐƚĂƵƌĂĚŽƐ
YƵĠĐƵďƌĞĞƐƚĂŐĂƌĂŶƟĂ
ƵƌĂŶƚĞĞůWĞƌşŽĚŽĚĞŐĂƌĂŶơĂƐŝƵŶĨĂďƌŝĐĂŶƚĞĂƵƚŽƌŝnjĂĚŽĚĞƚĞƌŵŝŶĂƋƵĞůĂŵĂŶƵĨĂĐƚƵƌĂŽĞů
ŵĂƚĞƌŝĂůŽƌŝŐŝŶĂůĚĞůƉƌŽĚƵĐƚŽĞƐĚĞĨĞĐƚƵŽƐŽ,ƵŶƚŬĞLJh^/ŶĐ;ĂƐƵĞdžĐůƵƐŝǀŽĐƌŝƚĞƌŝŽͿ;ϭͿƌĞƉĂƌĂƌĄ
ĞůƉƌŽĚƵĐƚŽĐŽŶƉŝĞnjĂƐŶƵĞǀĂƐŽƌĞĐŽŶƐƚƌƵŝĚĂƐŽ;ϮͿƌĞĞŵƉůĂnjĂƌĄĞůƉƌŽĚƵĐƚŽƐŝŶĐŽƐƚŽĂůŐƵŶŽƉŽƌ
ƉƌŽĚƵĐƚŽƐŽƉĂƌƚĞƐŶƵĞǀĂƐŽƌĞĐŽŶƐƚƌƵŝĚĂƐƐŝŵŝůĂƌĞƐ>ŽƐƉƌŽĚƵĐƚŽƐLJůĂƐƉŝĞnjĂƐƌĞĞŵƉůĂnjĂĚĂƐďĂũŽ
ĞƐƚĂŐĂƌĂŶơĂƐĞĐŽŶǀŝĞƌƚĞŶĞŶƉƌŽƉŝĞĚĂĚĚĞEĂƚƵƌĞΖƐ'ĞŶĞƌĂƚŽƌLJŶŽƐĞƚĞĚĞǀƵĞůǀĞŶ^ŝƐĞƌĞƋƵŝĞƌĞ
ĞůƐĞƌǀŝĐŝŽĚĞƉƌŽĚƵĐƚŽƐŽƉŝĞnjĂƐĚĞƐƉƵĠƐĚĞůǀĞŶĐŝŵŝĞŶƚŽĚĞůƉĞƌşŽĚŽĚĞŐĂƌĂŶơĂĚĞďĞƐƉĂŐĂƌ
ƚŽĚŽƐůŽƐĐĂƌŐŽƐƉŽƌŵĂŶŽĚĞŽďƌĂLJƉŝĞnjĂƐƐƚĂŐĂƌĂŶơĂĚƵƌĂŵŝĞŶƚƌĂƐƐĞĂƐƉƌŽƉŝĞƚĂƌŝŽĚĞƚƵ
ƉƌŽĚƵĐƚŽĚƵƌĂŶƚĞĞůWĞƌşŽĚŽĚĞŐĂƌĂŶơĂ>ĂĐŽďĞƌƚƵƌĂĚĞůĂŐĂƌĂŶơĂƚĞƌŵŝŶĂƐŝǀĞŶĚĞƐŽƚƌĂŶƐĮĞƌĞ
%>0-)"82.$"O
ſŵŽŽďƚĞŶĞƌƐĞƌǀŝĐŝŽĚĞŐĂƌĂŶơĂ
D>(E(0(>0ϭͲϴϬϬͲϵϳϱͲϳϵϬϵĚĞůƵŶĞƐĂǀŝĞƌŶĞƐĚĞϵϬϬĂŵĂϱϬϬƉŵW^d^ĞƚĞƉƌŽƉŽƌĐŝŽŶĂƌĄƵŶ
ŶƷŵĞƌŽĚĞƵƚŽƌŝnjĂĐŝſŶĚĞĚĞǀŽůƵĐŝſŶĚĞŵĞƌĐĂŶĐşĂ;ZDͿĞŝŶƐƚƌƵĐĐŝŽŶĞƐĚĞĚĞǀŽůƵĐŝſŶŶǀŝĂƌ
ƉƌŽĚƵĐƚŽĂ
,ƵŶƚŬĞLJh^/ŶĐ
LGLW06(&%"0B%).(8"0C2*$%0GWH
KdžŶĂƌĚϵϯϬϯϲ
/ŶĐůƵLJĞĞůŶƷŵĞƌŽĚĞZDƋƵĞƐĞŵƵĞƐƚƌĂƉƌŽŵŝŶĞŶƚĞŵĞŶƚĞĞŶůĂĐĂũĂĚĞĞŶǀşŽĞŝŶĐůƵLJĞƚƵ
ŶŽŵďƌĞŶƷŵĞƌŽĚĞƚĞůĠĨŽŶŽLJĚŝƌĞĐĐŝſŶĐŽŶĞůƉƌŽĚƵĐƚŽĚĞŶƚƌŽĚĞůĂĐĂũĂ
ſŶĚĞĞƐǀĄůŝĚĂůĂŐĂƌĂŶơĂ
ƐƚĂŐĂƌĂŶơĂĞƐǀĄůŝĚĂƐŽůŽƉĂƌĂĞůĐŽŵƉƌĂĚŽƌŽƌŝŐŝŶĂůĚĞůƉƌŽĚƵĐƚŽĞŶEŽƌƚĞĂŵĠƌŝĐĂ;ƐƚĂĚŽƐ
hŶŝĚŽƐĂŶĂĚĄLJDĠdžŝĐŽͿ
34(4#")+"#$%&(5&+&%"#,%67,8);"%"),<#&+&%)8=()4+9,%8"74>+
background
#$
ƐƚĂŐĂƌĂŶơĂŶŽĐƵďƌĞ
ͻĂŹŽƐĐŽƐŵĠƟĐŽƐ
ͻĂŹŽƐĚĞďŝĚŽƐĂĐĂƵƐĂƐĚĞĨƵĞƌnjĂŵĂLJŽƌƚĂůĐŽŵŽƌĂLJŽƐ
Q0V..*8%#$%&
Q0,&"0*#(-)"-*(8"
Q0VR2&"
Q03%+>*+%#.*(
Q0,&"0."E%).*(>
ͻDŽĚŝĮĐĂĐŝſŶĚĞĂůŐƵŶĂƉĂƌƚĞĚĞůWƌŽĚƵĐƚŽ
Q0P(e"08%R*8"0(>02&"0"0E(#$%#*E*%#$"0*#(-)"-*(8"
ͻŽŶĞdžŝſŶĂƵŶĂĨƵĞŶƚĞĚĞǀŽůƚĂũĞŝŶĐŽƌƌĞĐƚĂ
ͻ/ŶƚĞŶƚŽĚĞƌĞƉĂƌĂĐŝſŶƉŽƌƉĞƌƐŽŶĂůŶŽĂƵƚŽƌŝnjĂĚŽƉŽƌLJŶĞdžƉĂƌĂ
000)%-()()0%>06)"82.$"
Q06)"82.$"&0S%#8*8"&0$(>0.2(>0T%#0%>0%&$(8"0%#0d2%0&%0%#.2%#$)(#U0"0."#0$"8(&0&2&0@(>>(&
ͻŽŶƐƵŵŝďůĞƐƚĂůĞƐĐŽŵŽĨƵƐŝďůĞƐŽďĂƚĞƌşĂƐ
ͻWƌŽĚƵĐƚŽƐĞŶůŽƐĐƵĂůĞƐĞůŶƷŵĞƌŽĚĞƐĞƌŝĞĂƐŝŐŶĂĚŽĞŶůĂĨĄďƌŝĐĂŚĂƐŝĚŽĂůƚĞƌĂĚŽŽƌĞŵŽǀŝĚŽ
>ZDW>KK>ZWZ/ME^d/Wh>K^:K^d'ZEd1^KE^hZhZ^Ky>h^/sK
:,3?9Z10,CV0=3!O03_0CZ;f0;ZC6_3CV[DZ06_;0PVg_C0=3!=PZ3?VDZC0_0!_3CZ!,Z3?ZC0PZ[=P_0VD0
/EhDW>/D/EdKh>Yh/Z'ZEd1yWZ^K/DW>1/dZ>/KEKE^d
WZKhdK/E>hzEKWZK^/E>/D/dZ^>>K>WZ/dK^>/DWK^//>/
h^K^hWZKhdK>WZ/E'K/K^K'EE/^,hEd<zh^/EWZKhd^
EKK&ZE/E'hEKdZ'ZEd1yWZ^Z>/KEKE^dWZKhdK/E>hzEK
WZK^/E>/D/dZ^h>Yh/Z'ZEd1/DW>1/dzKE//KE^KDZ/>//ME
/KE/WZhEh^KWZd/h>Z^dE>/D/d^EhZ/ME>WZ1KK'ZEd1
>ZKEdZ/KZDEdzE/E'hE'ZEd1z^yWZ^K/DW>1/d^W>/Z
^Wh^>WZ1KK'ZEd1>'hEK^^dK^WZKs/E/^z:hZ/^//KE^EK
WZD/dEZ^dZ//KE^EhEdK>hZ/MEhE'ZEd1/DW>1/d^1Yh>
Z^dZ//MEEdZ/KZWhEKW>/Z^E^h^K^d'ZEd1>Z,K^
>'>^^W1&/K^zh^dWhWK^ZKdZK^Z,K^YhsZ1E^dK^dK
_0PZ06;_Y=3!=V0V06;_Y=3!=VO0
ŽŵƵŶşƋƵĞƐĞĐŽŶ,ƵŶƚŬĞLJh^/ŶĐ
6()(0&%)S*.*"0(>0.>*%#$%0@(S")0>>(E()0(>0ϭͲϴϬϬͲϵϳϱͲϳϵϬϵ
,ƵŶƚŬĞLJh^/ŶĐ
LGLW06(&%"0B%).(8"0C2*$%0GWH
KdžŶĂƌĚϵϯϬϯϲ
YƵĠĞƐůŽƋƵĞŶŽĐƵďƌĞůĂŐĂƌĂŶơĂ
34(4#")+"#$%&(5&+&%"#,%67,8);"%"),<#&+&%)8=()4+9,%8"74>+
background
YIOW0Z35D=C:
ϭϵͲϬϲϬϯ
YGOW0ZC6Vg_D
ϭϵͲϬϲϭϴ

Specifications

Nature's Generator HKNGPTWE Questions and Answers