ZESTAWIENIE WARUNKóW I PARAMETRóW WYMAGANYCH
Transkrypt
ZESTAWIENIE WARUNKóW I PARAMETRóW WYMAGANYCH
^dt/E/tZhE<Mt/WZDdZMttzD'Ez,njĂų͘ϯ͘ϰĂ WƌnjĞĚŵŝŽƚnjĂŵſǁŝĞŶŝĂ͗BſǏŬŽŵĞĚLJĐnjŶĞnjůĞǏĞŵϰʹƐĞŐŵĞŶƚŽǁLJŵŝƉŽĚǁſũŶČƌĂŵČǁLJĐŝČŐŽǁČʹϮϬƐnjƚ͘ >Ɖ͘ WĂƌĂŵĞƚƌ ǁLJŵĂŐĂŶLJ KƉŝƐƉĂƌĂŵĞƚƌſǁǁLJŵĂŐĂŶLJĐŚ WĂƌĂŵĞƚƌŽĨĞƌŽǁĂŶLJ tzD'E/K'M>E EĂnjǁĂŽĨĞƌŽǁĂŶĞŐŽƵƌnjČĚnjĞŶŝĂ͗ ϭ͘ Ϯ͘ ϯ͘ ϰ͘ ϱ͘ ϲ͘ ϳ͘ ϴ͘ ϵ͘ ϭϬ͘ ϭϭ͘ ϭϮ͘ ϭϯ͘ ϭϰ͘ ϭϱ͘ WƌŽĚƵĐĞŶƚ͗ dLJƉ͗ ZŽŬƉƌŽĚƵŬĐũŝ͗ϮϬϭϰͬϮϬϭϱ BſǏŬŽƉŽƐŝĂĚĂũČĐĞnjĞǁŶħƚƌnjŶČƌĂŵħnjƐĞŐŵĞŶƚĂŵŝƵŵŝĞƐnjĐnjŽŶLJŵŝ ǁĞǁŶČƚƌnjƌĂŵLJůĞǏĂ͘ZĂŵĂųſǏŬĂǁLJŬŽŶĂŶĂnjŬƐnjƚĂųƚŽǁŶŝŬſǁ ƐƚĂůŽǁLJĐŚŽǁLJŵŝĂƌĂĐŚŵŝŶ͘ϰdžϯĐŵ͕ƉŽŬƌLJƚLJĐŚůĂŬŝĞƌĞŵ ƉƌŽƐnjŬŽǁLJŵ͕ŽĚƉŽƌŶLJŵŶĂƵƐnjŬŽĚnjĞŶŝĂŵĞĐŚĂŶŝĐnjŶĞ͕ĐŚĞŵŝĐnjŶĞ ŽƌĂnjƉƌŽŵŝĞŶŝŽǁĂŶŝĞhs tLJŵŝĂƌLJnjĞǁŶħƚƌnjŶĞųſǏŬĂ͗ − ųƵŐŽƑđĐĂųŬŽǁŝƚĂ͗ϮϭϬϬŵŵ͕;нͬͲϯϬŵŵͿ − ^njĞƌŽŬŽƑđĐĂųŬŽǁŝƚĂďĞnjďĂƌŝĞƌĞŬďŽĐnjŶLJĐŚ;ŬƌČǏŬŝŽĚďŽũŽǁĞǁ ŽƐŝƐnjĐnjLJƚƵ͗ϵϱϬŵŵ͕;нͬͲϯϬŵŵͿ − ^njĞƌŽŬŽƑđĐĂųŬŽǁŝƚĂǁƌĂnjnjnjĂŵŽŶƚŽǁĂŶLJŵŝďĂƌŝĞƌŬĂŵŝǁLJŶŽƐŝ ϭϬϯϬŵŵ;ǁLJŵŝĂƌůĞǏĂϵϬϬdžϮϬϬϬͿ tLJƐŽŬŽƑđůĞǏĂŽĚƉŽĚųŽǏĂ͗ ͲϱϱϬŵŵ;нͬͲϯĐŵͿ >ĞǏĞųſǏŬĂĐnjƚĞƌŽƐĞŐŵĞŶƚŽǁĞnjĐnjĞŐŽŵŝŶ͘ϯƐĞŐŵĞŶƚLJƌƵĐŚŽŵĞ ^ĞŐŵĞŶƚLJůĞǏĂǁLJƉĞųŶŝŽŶĞŽĚĞũŵŽǁĂŶČƐƚĂůŽǁČƐŝĂƚŬČŽǁLJŵŝĂƌĂĐŚ ŽĐnjĞŬϱdžϱĐŵ͘^ŝĂƚŬĂŵĞƚĂůŽǁĂǁLJŬŽŶĂŶĂnjƉƌħƚĂƐƚĂůŽǁĞŐŽŽ ƑƌĞĚŶŝĐLJŵŝŶŝŵƵŵϱŵŵ͘ ZĞŐƵůĂĐũĂŬČƚĂůĞǏĂďĞnjƐƚŽƉŶŝŽǁŽ͕njĂƉŽŵŽĐČƐƉƌħǏLJŶLJŐĂnjŽǁĞũ͗ ͲƐĞŐŵĞŶƚŽƉĂƌĐŝĂƉůĞĐſǁǁnjĂŬƌĞƐŝĞ͗ϬʹϳϱϬ;цϱϬͿ ͲƐĞŐŵĞŶƚŽƉĂƌĐŝĂƵĚĂǁnjĂŬƌĞƐŝĞ͗ϬͲϱϬΣ;цϱΣͿ͕ njĐnjLJƚĞůŶLJŵŽnjŶĂĐnjĞŶŝĞŵĨƵŶŬĐũŝŶĂƌĂŵŝĞůĞǏĂůƵďŶĂĚǍǁŝŐŶŝ͘ ZĞŐƵůĂĐũĂƐĞŐŵĞŶƚƵŽƉĂƌĐŝĂƉůĞĐſǁŽƌĂnjƵĚĂǁLJŬŽŶLJǁĂŶĂnjĂ ƉŽŵŽĐČũĞĚŶĞũĚǍǁŝŐŶŝƵŵŝĞƐnjĐnjŽŶĞũƉŽĚƌĂŵČůĞǏĂ͕ǁŵŝĞũƐĐƵ ųĂƚǁĞŐŽĚŽƐƚħƉƵĚůĂůĞǏČĐĞŐŽƉĂĐũĞŶƚĂ͘ ZĞŐƵůĂĐũĂƐĞŐŵĞŶƚƵƉŽĚƵĚnjŝĂƌħĐnjŶĂ͕ǁƐƉŽŵĂŐĂŶĂŵĞĐŚĂŶŝnjŵĞŵ njĂƉĂĚŬŽǁLJŵ ^njĐnjLJƚLJ ųſǏŬĂ ƐƚĂŶŽǁČ ǁLJƉĞųŶŝĞŶŝĞ ƉŽŵŝħĚnjLJ ƌƵƌĂŵŝ ǁ ƌĂŵŝĞ ǁLJĐŝČŐŽǁĞũ͕ ǁLJƉĞųŶŝĞŶŝĞ ǁLJŬŽŶĂŶĞ ǁLJƐŽŬŝĞũ ũĂŬŽƑĐŝ ƉųLJƚČ ,W> Ž ŐƌƵďŽƑĐŝ ϭϬ ŵŵ ;ц Ϯ ŵŵͿ͕ ŽĚƉŽƌŶČ ŶĂ ĚnjŝĂųĂŶŝĞ ǁLJƐŽŬŝĞũ ƚĞŵƉĞƌĂƚƵƌLJ͕ ƵƐnjŬŽĚnjĞŶŝĂ ŵĞĐŚĂŶŝĐnjŶĞ͕ ĐŚĞŵŝĐnjŶĞ ŽƌĂnj ƉƌŽŵŝĞŶŝŽǁĂŶŝĞ hs͘ tLJƉĞųŶŝĞŶŝĞ ƐnjĐnjLJƚſǁ ǁLJũŵŽǁĂŶĞ ďĞnj ƵǏLJĐŝĂ ŶĂƌnjħĚnjŝ͘ tŶĂƌŽǏŶŝŬĂĐŚůĞǏĂϰŬƌČǏŬŝŽĚďŽũŽǁĞ͕ĐŚƌŽŶŝČĐĞųſǏŬŽŝƑĐŝĂŶLJ ƉƌnjĞĚƵĚĞƌnjĞŶŝĂŵŝŽƌĂnjŽƚĂƌĐŝĂŵŝ͘ ůĂƐƚLJĐnjŶĞůŝƐƚǁLJŽĚďŽũŽǁĞƵŵŝĞƐnjĐnjŽŶĞŶĂďĂƌŝĞƌŬĂĐŚŶĂĐĂųĞũŝĐŚ ĚųƵŐŽƑĐŝĐŚƌŽŶŝČĐĞųſǏŬŽƉƌnjĞĚƵĚĞƌnjĞŶŝĂŵŝŝnjĂƌLJƐŽǁĂŶŝĂŵŝ ƵŵŝĞƐnjĐnjŽŶĞŶĂĚǁſĐŚƐnjĐnjĞďůĂĐŚďĂƌŝĞƌŬŝ͘ BſǏŬŽ ǁLJƉŽƐĂǏŽŶĞ ǁ ĞůĂƐƚLJĐnjŶĞ ƚǁŽƌnjLJǁŽǁĞ ƵĐŚǁLJƚLJ ŵĂƚĞƌĂĐĂ ƉƌnjLJŵŝŶ͘ĚǁſĐŚƐĞŐŵĞŶƚĂĐŚůĞǏĂ͕ĚŽƐƚŽƐŽǁƵũČĐĞƐŝħĚŽƐnjĞƌŽŬŽƑĐŝ ŵĂƚĞƌĂĐĂ͕ njĂƉŽďŝĞŐĂũČĐĞ ƉŽǁƐƚĂǁĂŶŝƵ ƵƌĂnjſǁ ŬŽŷĐnjLJŶ͘ hĐŚǁLJƚLJ ƚǁŽƌnjLJǁŽǁĞ ǁLJƉŽƐĂǏŽŶĞ ǁ ŬČƚŽŵŝĞƌnjĞ ƉŽ ĚǁſĐŚ ƐƚƌŽŶĂĐŚ ƉƌnjLJ ƐĞŐŵĞŶĐŝĞǁĞnjŐųŽǁŝĂ͘ tŶĂƌŽǏŶŝŬĂĐŚůĞǏĂŽĚƐƚƌŽŶLJǁĞnjŐųŽǁŝĂƚƵůĞũĞĚŽŵŽĐŽǁĂŶŝĂ ǁŝĞƐnjĂŬĂŬƌŽƉůſǁŬŝŽƌĂnjǁLJƐŝħŐŶŝŬĂnjƵĐŚǁLJƚĞŵĚŽƌħŬŝnj ŵŽǏůŝǁŽƑĐŝČnjĂďĞnjƉŝĞĐnjĞŶŝĂƉƌnjĞĚǁLJƉĂĚŶŝħĐŝĞŵŵĞĐŚĂŶŝnjŵĞŵ ƑƌƵďŽǁLJŵ;ďĞnjƵǏLJĐŝĂŶĂƌnjħĚnjŝͿ͘ BſǏŬŽǁLJƉŽƐĂǏŽŶĂǁƚǁŽƌnjLJǁŽǁĞƵĐŚǁLJƚLJƵŵŽǏůŝǁŝĂũČĐĞ njĂǁŝĞƐnjĞŶŝĞƵĐŚǁLJƚſǁ͕ŶƉ͘ŶĂǁŽƌŬŝƵƌŽůŽŐŝĐnjŶĞ͕ŵŝŶ͘ϮƉƌnjLJųſǏŬƵ͘ d<WK d<WK d<WK >ĞǏĞŵŽǏŶĂnjŵŶŝĞũƐnjLJđĐŽϱĐŵ͕ĐnjLJůŝůĞǏĞϴϬͲ ĐĂų͘ϵϯ͕ĂďĞnjďĂƌŝĞƌĞŬϴϱ͖ /ŶŶĞŵŽǏůŝǁŽƑđƉƌnjLJůĞǏƵ͗ϴϱ͕ϵϬ d<WK d<WK d<WK d<WK d< d< d<WK d< d< d< d< d<WK ϭϲ͘ ϭϳ͘ ϭϴ͘ ϭϵ͘ ϮϬ͘ Ϯϭ͘ BſǏŬŽǁLJƉŽƐĂǏŽŶĞǁƉſųŬħĚŽŽĚŬųĂĚĂŶŝĂƉŽƑĐŝĞůŝ͕ƉſųŬĂǁLJƐƵǁĂŶĂ njĂƉŽŵŽĐČŵĞĐŚĂŶŝnjŵƵƚĞůĞƐŬŽƉŽǁĞŐŽ͕ŶŝĞǁLJƐƚĂũČĐĂƉŽnjĂŽďƌLJƐ ƌĂŵLJųſǏŬĂ͘ WŽĚƐƚĂǁĂųſǏŬĂ;ǁnjŵŽĐŶŝŽŶĂƉŽƉƌnjĞĐnjŬĂŵŝųČĐnjČĐLJŵŝŶŽŐŝͿũĞnjĚŶĂ͕ ǁLJƉŽƐĂǏŽŶĂǁϰŬŽųĂŽƑƌĞĚŶŝĐLJŵŝŶ͘ϭϮϱŵŵ;ƌĚnjĞŷŬŽųĂŽƐųŽŶŝħƚLJ ŵĞƚĂůŽǁČŽƐųŽŶČͿǁƚLJŵŵŝŶ͘ϮŬŽųĂnjǁLJƚƌnjLJŵĂųČ͕ŵĞƚĂůŽǁČ͕ ŝŶĚLJǁŝĚƵĂůŶČďůŽŬĂĚČũĂnjĚLJŝŽďƌŽƚƵ͘ ĞnjƉŝĞĐnjŶĞŽďĐŝČǏĞŶŝĞŵŝŶ͘ϮϬϬŬŐƉŽƚǁŝĞƌĚnjŽŶĞƉƌnjĞnjŶŝĞnjĂůĞǏŶLJ ƉŽĚŵŝŽƚ͘ BſǏŬŽƉƌnjLJƐƚŽƐŽǁĂŶĞĚŽnjĂŵŽŶƚŽǁĂŶŝĂďĂƌŝĞƌĞŬďŽĐnjŶLJĐŚ͕ƌĂŵLJ ǁLJĐŝČŐŽǁĞũ͕ƵĐŚǁLJƚſǁŶĂďĂƐĞŶŽƌĂnjŬĂĐnjŬħ͘ ůĞŵĞŶƚLJǁLJƉŽƐĂǏĞŶŝĂųſǏŬĂ͗ − DĂƚĞƌĂĐĚŽƉĂƐŽǁĂŶLJĚŽƌĂŵLJůĞǏĂnjƉŝĂŶŬŝƉŽůŝƵƌĞƚĂŶŽǁĞũǁ ƉŽŬƌŽǁĐƵƉĂƌŽƉƌnjĞƉƵƐnjĐnjĂůŶLJŵ͕ŶŝĞƉƌnjĞŶŝŬůŝǁLJĚůĂĐŝĞĐnjLJ͘ DĂƚĞƌĂĐnjŵŽǏůŝǁŽƑĐŝČǁLJŵŝĂŶLJƉŽŬƌŽǁĐĂ͕ƉŽŬƌŽǁŝĞĐnj njĂŵŬŝĞŵďųLJƐŬĂǁŝĐnjŶLJŵŽďƐnjLJƚLJǁůŝƚĞƌħͣ>͟njŽŬĂƉŶŝŬŝĞŵ͕ ŐƌƵďŽƑđŵŝŶŝŵƵŵϭϬĐŵ͕ŽĚƉŽƌŶLJŶĂĚĞnjLJŶĨĞŬĐũħ͘WŽŬƌŽǁŝĞĐ ŵĂƚĞƌĂĐĂůƵďƚŬĂŶŝŶĂ͕njŬƚſƌĞũũĞƐƚǁLJŬŽŶĂŶLJǁŝŶŝĞŶ ƉŽƐŝĂĚĂđKƉŝŶŝħůĂďŽƌĂƚŽƌLJũŶČƉŽƚǁŝĞƌĚnjĂũČĐĂǁųĂƑĐŝǁŽƑĐŝ ŶŝĞƉƌnjĞƉƵƐnjĐnjĂůŶŽƑĐŝĚƌŽďŶŽƵƐƚƌŽũſǁǁLJĚĂŶČƉƌnjĞnj ƵƉƌĂǁŶŝŽŶLJĚŽƚĞŐŽƉŽĚŵŝŽƚ͘ʹϮϬƐnjƚ͘ − ĂƌŝĞƌŬĂůĂŬŝĞƌŽǁĂŶĂƉƌŽƐnjŬŽǁŽ͕ǁLJŬŽŶĂŶĞnjϯƉƌŽĨŝůŝ ƐƚĂůŽǁLJĐŚŽǁĂůŶLJĐŚŽǁLJƐŽŬŽƑĐŝŵŝŶ͘ϰϬŵŵŝŐƌƵďŽƑĐŝŵŝŶ͘ ϮϬŵŵƐŬųĂĚĂŶĂǁnjĚųƵǏƌĂŵLJůĞǏĂnjĂƉŽŵŽĐČũĞĚŶĞŐŽ ƉƌnjLJĐŝƐŬƵ͕ŵŽŶƚŽǁĂŶĂƉŽĚƌĂŵČǁƐƉĞĐũĂůŶLJĐŚƚƵůĞũĂĐŚ ǁLJƉŽƐĂǏŽŶĂǁŵĞĐŚĂŶŝnjŵnjĂƚƌnjĂƐŬŽǁLJnjŵŽǏůŝǁŽƑĐŝČ ĚĞŵŽŶƚĂǏƵďĞnjƵǏLJĐŝĂŶĂƌnjħĚnjŝ͕ƐƉĞųŶŝĂũČĐĞŶŽƌŵħ ďĞnjƉŝĞĐnjĞŷƐƚǁĂEϲϬϲϬϭͲϮͲϱϮʹϮϬŬƉů͘ − hĐŚǁLJƚŶĂǁŽƌŬŝƵƌŽůŽŐŝĐnjŶĞĐŚƌŽŵŽǁĂŶLJʹϮϬƐnjƚ͘ − WŽĚǁſũŶĂƌĂŵĂǁLJĐŝČŐŽǁĂǁLJŬŽŶĂŶĂnjŽŬƌČŐųLJĐŚƌƵƌ;ƐƚĂů ǁħŐůŽǁĂ͕ĐŚƌŽŵŽǁĂŶĂͿ;ǁLJƉŽƐĂǏŽŶĂǁǁŝĞƐnjĂŬŬƌŽƉůſǁŬŝϭ Ɛnjƚ͕͘ƵĐŚǁLJƚĚŽƌħŬŝϮƐnjƚ͕͘ϯƐnjƚƌŽůĞŬǁLJĐŝČŐŽǁLJĐŚͿʹϮϬŬƉů͘ − dĂďůŝĐnjŬĂŶĂŬĂƌƚLJƉĂĐũĞŶƚĂ͕ŝĚĞŶƚLJĨŝŬĂĐũħƉĂĐũĞŶƚĂǁLJŬŽŶĂŶĂnj ƉųLJƚLJ,W>ʹϮϬƐnjƚ͘ DŽǏůŝǁŽƑđǁLJďŽƌƵŬŽůŽƌſǁǁLJƉĞųŶŝĞŷƐnjĐnjLJƚſǁŵŝŶ͘ϭϬŬŽůŽƌſǁ ŽƌĂnjŬŽůŽƌſǁƌĂŵLJųſǏŬĂŵŝŶ͘ϮŬŽůŽƌLJǁƚLJŵŬŽůŽƌƐnjĂƌLJ͘ • • • ϮϮ͘ • ĞƌƚLJĨŝŬĂƚƉŽƚǁŝĞƌĚnjĂũČĐLJƉŽƐŝĂĚĂŶŝĞnjŶĂŬƵ͕ tW/^ĚŽZĞũĞƐƚƌƵtLJƌŽďſǁDĞĚLJĐnjŶLJĐŚ͕ ĞƌƚLJĨŝŬĂƚ /^K ϵϬϬϭ͗ϮϬϬϬ ůƵď ƌſǁŶŽǁĂǏŶLJ ƉŽƚǁŝĞƌĚnjĂũČĐLJ njĚŽůŶŽƑđ ĚŽ ĐŝČŐųĞŐŽ ĚŽƐƚĂƌĐnjĂŶŝĂ ǁLJƌŽďſǁ njŐŽĚŶŝĞ nj ǁLJŵĂŐĂŶŝĂŵŝ͕ ĞƌƚLJĨŝŬĂƚ /^K ϭϯϰϴϱ͗ϮϬϬϯ ƉŽƚǁŝĞƌĚnjĂũČĐLJ͕ ǏĞ ƉƌŽĚƵĐĞŶƚ ǁĚƌŽǏLJų ŝ ƵƚƌnjLJŵƵũĞ ƐLJƐƚĞŵ njĂƌnjČĚnjĂŶŝĂ ũĂŬŽƑĐŝČ ĚůĂ ǁLJƌŽďſǁ ŵĞĚLJĐnjŶLJĐŚ͘ d< d<WK d<WK d< d< d<WK d<WK d<WK Ϯϯ͘ 'ǁĂƌĂŶĐũĂŵŝŶ͘ϯϲŵŝĞƐŝħĐLJ Ϯϰ͘ 'ǁĂƌĂŶĐũĂnjĂƉĞǁŶŝĞŶŝĂnjĂŬƵƉƵĐnjħƑĐŝnjĂŵŝĞŶŶLJĐŚƉƌnjĞnjŽŬƌĞƐϭϬůĂƚ d< Ϯϱ͘ njĂƐƌĞĂŬĐũŝƐĞƌǁŝƐƵŵĂdž͘ϳϮŐŽĚnj͘ d< ͙͙͙͙͙͙͙͙͙͙͙͙͙͙ ĚĂƚĂŝƉŽĚƉŝƐ ^dt/E/tZhE<Mt/WZDdZMttzD'Ez,njĂų͘ϰď WƌnjĞĚŵŝŽƚnjĂŵſǁŝĞŶŝĂ͗ BM<K^W/d>Et/>K&hE<z:EWKtM:EZDtz/'KtʹϯƐnjƚ͘ >Ɖ͘ WĂƌĂŵĞƚƌ ǁLJŵĂŐĂŶLJ KƉŝƐƉĂƌĂŵĞƚƌſǁǁLJŵĂŐĂŶLJĐŚ WĂƌĂŵĞƚƌŽĨĞƌŽǁĂŶLJ tzD'E/K'M>E EĂnjǁĂŽĨĞƌŽǁĂŶĞŐŽƵƌnjČĚnjĞŶŝĂ͗ ϭ͘ Ϯ͘ ϯ͘ ϰ͘ ϱ͘ WƌŽĚƵĐĞŶƚ͗ dLJƉ͗ ZŽŬƉƌŽĚƵŬĐũŝ͗ϮϬϭϰͬϮϬϭϱ DĞƚĂůŽǁĂŬŽŶƐƚƌƵŬĐũĂųſǏŬĂůĂŬŝĞƌŽǁĂŶĂƉƌŽƐnjŬŽǁŽ͘WŽĚƐƚĂǁĂųſǏŬĂ ƉŽnjďĂǁŝŽŶĂŬĂďůŝŽƌĂnjƵŬųĂĚſǁƐƚĞƌƵũČĐLJĐŚĨƵŶŬĐũĂŵŝųſǏŬĂ͕ųĂƚǁĂǁ ƵƚƌnjLJŵĂŶŝƵĐnjLJƐƚŽƑĐŝ͘ WŽĚƐƚĂǁĂųſǏŬĂƉĂŶƚŽŐƌĂĨƉŽĚƉŝĞƌĂũČĐĂůĞǏĞǁŵŝŶŝŵƵŵϴƉƵŶŬƚĂĐŚ͕ ŐǁĂƌĂŶƚƵũČĐĂƐƚĂďŝůŶŽƑđůĞǏĂ;ŶŝĞĚŽƉƵƐnjĐnjĂƐŝħųſǏĞŬŽƉĂƌƚLJĐŚŶĂ ĚǁſĐŚŝƚƌnjĞĐŚŬŽůƵŵŶĂĐŚͿ͘ tŽůŶĂƉƌnjĞƐƚƌnjĞŷƉŽŵŝħĚnjLJƉŽĚųŽǏĞŵ͕ĂĐĂųLJŵƉŽĚǁŽnjŝĞŵ ǁLJŶŽƐnjČĐĂŶŝĞŵŶŝĞũŶŝǏϭϰϬŵŵƵŵŽǏůŝǁŝĂũČĐĂųĂƚǁLJƉƌnjĞũĂnjĚƉƌnjĞnj ƉƌŽŐŝŽƌĂnjǁũĂnjĚĚŽĚǍǁŝŐſǁŽƐŽďŽǁLJĐŚ͘ tLJŵŝĂƌLJnjĞǁŶħƚƌnjŶĞųſǏŬĂ͗ − ųƵŐŽƑđĐĂųŬŽǁŝƚĂ͗ϮϭϱϬŵŵ͕;нͬͲϯϬŵŵͿ − ^njĞƌŽŬŽƑđĐĂųŬŽǁŝƚĂǁƌĂnjnjnjĂŵŽŶƚŽǁĂŶLJŵŝďĂƌŝĞƌŬĂŵŝǁLJŶŽƐŝ ŵĂdžϵϵϬŵŵ;ǁLJŵŝĂƌůĞǏĂϴϳϬdžϮϬϬϬͿ ϲ͘ >ĞǏĞųſǏŬĂĐnjƚĞƌŽƐĞŐŵĞŶƚŽǁĞnjĐnjĞŐŽŵŝŶ͘ϯƐĞŐŵĞŶƚLJƌƵĐŚŽŵĞ ϳ͘ ϴ͘ ϵ͘ ϭϬ͘ ϭϭ͘ ϭϮ͘ ϭϯ͘ ϭϰ͘ ϭϱ͘ ϭϲ͘ ϭϳ͘ d<WK d< d<WK d<WK d<WK d<WK ĂƐŝůĂŶŝĞĞůĞŬƚƌLJĐnjŶĞϮϮϬͬϮϯϬs d< BſǏŬŽƐƉĞųŶŝĂũČĐĞǁLJŵĂŐĂŶŝĂŶŽƌŵLJ/WͲϲϲ d< d< ZĂŵĂůĞǏĂǁLJƉŽƐĂǏŽŶĂǁŐŶŝĂnjĚŽǁLJƌſǁŶĂŶŝĂƉŽƚĞŶĐũĂųƵ͘BſǏŬŽ ƉƌnjĞďĂĚĂŶĞƉŽĚŬČƚĞŵďĞnjƉŝĞĐnjĞŷƐƚǁĂĞůĞŬƚƌLJĐnjŶĞŐŽǁŐŶŽƌŵLJWE EϲϮϯϱϯʹĚŽųČĐnjLJđƉƌŽƚŽŬſųnjďĂĚĂŷƉƌnjLJĚŽƐƚĂǁŝĞƉƌŽĚƵŬƚƵ͘ ůĞŬƚƌLJĐnjŶĞƌĞŐƵůĂĐũĞ͗ ͲƐĞŐŵĞŶƚŽƉĂƌĐŝĂƉůĞĐſǁϬͲϳϱΣ;цϱΣͿnjŽƉƚLJĐnjŶLJŵǁƐŬĂǍŶŝŬŝĞŵŬČƚĂ ƉƌnjĞĐŚLJųƵ͕ ͲƐĞŐŵĞŶƚƵĚĂϬͲϰϱΣ;цϱΣͿ͕ ͲŬČƚƉƌnjĞĐŚLJųƵdƌĞŶĚůĞůĞŶďƵƌŐĂϬͲϮϬΣ;цϮΣͿ͕ ͲŬČƚƉƌnjĞĐŚLJųƵĂŶƚLJͲdƌĞŶĚůĞŶďƵƌŐĂϬͲϮϬΣ;цϮΣͿ͕ ͲƌĞŐƵůĂĐũĂƐĞŐŵĞŶƚƵƉŽĚƵĚnjŝĂʹƌħĐnjŶĂŵĞĐŚĂŶŝnjŵĞŵ njĂƉĂĚŬŽǁLJŵ͘ ůĞŬƚƌLJĐnjŶĂƌĞŐƵůĂĐũĂǁLJƐŽŬŽƑĐŝǁnjĂŬƌĞƐŝĞ͗ ϯϴϬĚŽϴϮϬŵŵ;цϭϬŵŵͿ BſǏŬŽƐƚĞƌŽǁĂŶĞƉƌnjĞǁŽĚŽǁLJŵƉŝůŽƚĞŵnjƉŽĚƑǁŝĞƚůĂŶLJŵŝ ŬůĂǁŝƐnjĂŵŝƵŵŽǏůŝǁŝĂũČĐLJŵŝųĂƚǁĞƐƚĞƌŽǁĂŶŝĞųſǏŬŝĞŵǁŶŽĐLJ͘WŝůŽƚ njŵŽǏůŝǁŽƑĐŝČďůŽŬĂĚLJĨƵŶŬĐũŝƉƌnjĞnjƉĞƌƐŽŶĞůŵĞĚLJĐnjŶLJ͘ BſǏŬŽǁLJƉŽƐĂǏŽŶĞǁƉĂŶĞůƐƚĞƌƵũČĐLJĐŚŽǁĂŶLJƉŽĚůĞǏĞŵǁƉſųĐĞĚŽ ŽĚŬųĂĚĂŶŝĂƉŽƑĐŝĞůŝnjŵŽǏůŝǁŽƑĐŝČŝŶƐƚĂůĂĐũŝŐŽŶĂƐnjĐnjLJĐŝĞųſnjŬĂ͘ WĂŶĞůǁLJƉŽƐĂǏŽŶLJǁƉŽĚǁſũŶĞnjĂďĞnjƉŝĞĐnjĞŶŝĞƉƌnjĞĚ ƉƌnjLJƉĂĚŬŽǁLJŵƵƌƵĐŚŽŵŝĞŶŝĞŵĨƵŶŬĐũŝĞůĞŬƚƌLJĐnjŶLJĐŚnjŵŽǏůŝǁŽƑĐŝČ ďůŽŬĂĚLJƉŽƐnjĐnjĞŐſůŶLJĐŚĨƵŶŬĐũŝƉŝůŽƚĂ͘WĂŶĞůƐƚĞƌƵũČĐLJǁLJƉŽƐĂǏŽŶLJ ǁĨƵŶŬĐũħƌĞŐƵůĂĐũŝƐĞŐŵĞŶƚƵŽƉĂƌĐŝĂƉůĞĐſǁ͕ƵĚĂ͕ǁLJƐŽŬŽƑĐŝůĞǏĂ͕ ƉŽnjLJĐũŝǁnjĚųƵǏŶLJĐŚŽƌĂnjƵnjLJƐŬŝǁĂŶLJĐŚnjĂƉŽŵŽĐČũĞĚŶĞŐŽƉƌnjLJĐŝƐŬƵ ĨƵŶŬĐũŝĂŶƚLJͲƐnjŽŬŽǁĞũ͕ĞŐnjĂŵŝŶĂĐLJũŶĞũ͕WZ͕ŬƌnjĞƐųĂ ŬĂƌĚŝŽůŽŐŝĐnjŶĞŐŽ͘WŽƐŝĂĚĂƌſǁŶŝĞǏŽƉƚLJĐnjŶLJǁƐŬĂǍŶŝŬŶĂųĂĚŽǁĂŶŝĂ ĂŬƵŵƵůĂƚŽƌĂŽƌĂnjƉŽĚųČĐnjĞŶŝĂĚŽƐŝĞĐŝ͘ ^ĞŐŵĞŶƚŽƉĂƌĐŝĂƉůĞĐſǁnjŵŽǏůŝǁŽƑĐŝČŵĞĐŚĂŶŝĐnjŶĞŐŽƐnjLJďŬŝĞŐŽ ƉŽnjŝŽŵŽǁĂŶŝĂ;WZͿʹĚǍǁŝŐŶŝĂƵŵŝĞƐnjĐnjŽŶĂƉŽĚůĞǏĞŵ͕ŽnjŶĂĐnjŽŶĂ ŬŽůŽƌĞŵĐnjĞƌǁŽŶLJŵ ƵƚŽŬŽŶƚƵƌƐĞŐŵĞŶƚƵŽƉĂƌĐŝĂƉůĞĐſǁ ƵƚŽƌĞŐƌĞƐũĂƐĞŐŵĞŶƚƵŽƉĂƌĐŝĂƉůĞĐſǁnjĂƉŽďŝĞŐĂũČĐĂƉƌnjĞĚ njƐƵǁĂŶŝĞŵƉĂĐũĞŶƚĂ >ĞǏĞǁLJƉĞųŶŝŽŶĞƉųLJƚĂŵŝnjƉŽůŝƉƌŽƉLJůĞŶƵŽĚƉŽƌŶĞŐŽŶĂĚnjŝĂųĂŶŝĞ ǁLJƐŽŬŝĞũƚĞŵƉĞƌĂƚƵƌLJ͕ƑƌŽĚŬſǁĚĞnjLJŶĨĞŬƵũČĐLJĐŚŽƌĂnjĚnjŝĂųĂŶŝĞhs͘ WųLJƚLJŽĚĞũŵŽǁĂŶĞďĞnjƵǏLJĐŝĂŶĂƌnjħĚnjŝ͘ ŬƵŵƵůĂƚŽƌǁďƵĚŽǁĂŶLJǁƵŬųĂĚĞůĞŬƚƌLJĐnjŶLJųſǏŬĂƉŽĚƚƌnjLJŵƵũČĐLJ ƐƚĞƌŽǁĂŶŝĞųſǏŬĂƉƌnjLJďƌĂŬƵnjĂƐŝůĂŶŝĂƐŝĞĐŝŽǁĞŐŽ BſǏŬŽnjŵŽǏůŝǁŽƑĐŝČƚĞůĞƐŬŽƉŽǁĞŐŽƉƌnjĞĚųƵǏĞŶŝĂůĞǏĂŽϮϬϬŵŵ d<WK d<WK d< d< d< d< d< d<WK ϭϴ͘ ϭϵ͘ ϮϬ͘ Ϯϭ͘ ϮϮ͘ Ϯϯ͘ Ϯϰ͘ ^njĐnjLJƚLJųſǏŬĂǁLJƉĞųŶŝŽŶĞƉųLJƚČƚǁŽƌnjLJǁŽǁČ;,W>ͿŽŐƌƵďŽƑĐŝϭϬŵŵ ;цϮŵŵͿ͕ŽĚĞũŵŽǁĂŶĞďĞnjƵǏLJĐŝĂŶĂƌnjħĚnjŝ͕ƵŵŽǏůŝǁŝĂũČĐĞųĂƚǁLJ ĚŽƐƚħƉĚŽƉĂĐũĞŶƚĂnjĂƌſǁŶŽŽĚƐƚƌŽŶLJŶſŐũĂŬŝŐųŽǁLJnjŵŽǏůŝǁŽƑĐŝČ ǁLJŬŽƌnjLJƐƚĂŶŝĂƉųLJƚLJũĂŬŽĚĞƐŬĂƌĞĂŶŝŵĂĐLJũŶĂ͘ BſǏŬŽǁLJƉŽƐĂǏŽŶĞǁŽƉƵƐnjĐnjĂŶĞĂůƵŵŝŶŝŽǁĞďĂƌŝĞƌŬŝďŽĐnjŶĞ͕ njĂďĞnjƉŝĞĐnjĂũČĐĞƉĂĐũĞŶƚĂŶĂĐĂųĞũĚųƵŐŽƑĐŝďĞnjǁŽůŶĞũƉƌnjĞƐƚƌnjĞŶŝ ƉŽŵŝħĚnjLJƐnjĐnjLJƚĞŵĂďĂƌŝĞƌŬČŶĂǁĞƚǁƉƌnjLJƉĂĚŬƵǁLJĚųƵǏĞŶŝĂůĞǏĂ ;njŝŶƚĞŐƌŽǁĂŶĞnjĞƐnjĐnjLJƚĞŵųſǏŬĂͿ͘ůĂƐƚLJĐnjŶĞůŝƐƚǁLJŽĚďŽũŽǁĞ ƵŵŝĞƐnjĐnjŽŶĞŶĂďĂƌŝĞƌŬĂĐŚŶĂĐĂųĞũŝĐŚĚųƵŐŽƑĐŝĐŚƌŽŶŝČĐĞųſǏŬŽ ƉƌnjĞĚƵĚĞƌnjĞŶŝĂŵŝ͘ĂƌŝĞƌŬŝƐƉĞųŶŝĂũČĐĞŶŽƌŵħďĞnjƉŝĞĐnjĞŷƐƚǁĂ͗E ϲϬϲϬϭͲϮͲϱϮ tLJƐƵǁĂŶĂƉſųŬĂĚŽŽĚŬųĂĚĂŶŝĂƉŽƑĐŝĞůŝ͕ŶŝĞǁLJƐƚĂũČĐĂƉŽnjĂŽďƌLJƐ ƌĂŵLJųſǏŬĂ DŽǏůŝǁŽƑđnjĂŵŽŶƚŽǁĂŶŝĂƉŽĚǁſĐŚƐƚƌŽŶĂĐŚųſǏŬĂƵĐŚǁLJƚſǁŶĂ ǁŽƌŬŝƵƌŽůŽŐŝĐnjŶĞ͘ tŶĂƌŽǏŶŝŬĂĐŚůĞǏĂϰŬƌČǏŬŝŽĚďŽũŽǁĞĂŽĚƐƚƌŽŶLJŐųŽǁLJŬƌČǏŬŝ ĚǁƵŽƐŝŽǁĞĐŚƌŽŶŝČĐĞƑĐŝĂŶLJŝųſǏŬŽƉŽĚĐnjĂƐnjŵŝĂŶLJƉŽųŽǏĞŶŝĂǁ ƉŽnjLJĐũŝǁĞƌƚLJŬĂůŶĞũŝŚŽƌLJnjŽŶƚĂůŶĞũ͘ BſǏŬŽǁLJƉŽƐĂǏŽŶĞǁĞůĂƐƚLJĐnjŶĞƚǁŽƌnjLJǁŽǁĞƵĐŚǁLJƚLJŵĂƚĞƌĂĐĂ ƉƌnjLJŵŝŶ͘ĚǁſĐŚƐĞŐŵĞŶƚĂĐŚůĞǏĂ͕ĚŽƐƚŽƐŽǁƵũČĐĞƐŝħĚŽƐnjĞƌŽŬŽƑĐŝ ŵĂƚĞƌĂĐĂ͕njĂƉŽďŝĞŐĂũČĐĞƉŽǁƐƚĂǁĂŶŝƵƵƌĂnjſǁŬŽŷĐnjLJŶ͘hĐŚǁLJƚLJ ƚǁŽƌnjLJǁŽǁĞǁLJƉŽƐĂǏŽŶĞǁŬČƚŽŵŝĞƌnjĞƉŽĚǁſĐŚƐƚƌŽŶĂĐŚƉƌnjLJ ƐĞŐŵĞŶĐŝĞǁĞnjŐųŽǁŝĂ͘ WŽĚƐƚĂǁĂųſǏŬĂũĞnjĚŶĂǁLJƉŽƐĂǏŽŶĂǁĂŶƚLJƐƚĂƚLJĐnjŶĞŬŽųĂŽƑƌĞĚŶŝĐLJ ŵŝŶ͘ϭϱϬŵŵ͕njĐĞŶƚƌĂůŶČďůŽŬĂĚČŬſųŽƌĂnjďůŽŬĂĚČŬŝĞƌƵŶŬŽǁČ͘ Ϯϱ͘ ĞnjƉŝĞĐnjŶĞŽďĐŝČǏĞŶŝĞŵŝŶ͘ϮϱϬŬŐƉŽƚǁŝĞƌĚnjŽŶĞƉƌnjĞnjŶŝĞnjĂůĞǏŶLJ ƉŽĚŵŝŽƚ͘ Ϯϲ͘ DŽǏůŝǁŽƑđŵŽŶƚĂǏƵƌĂŵLJǁLJĐŝČŐŽǁĞũ͕ǁŝĞƐnjĂŬĂŬƌŽƉůſǁŬŝŽƌĂnj ǁLJƐŝħŐŶŝŬĂnjƵĐŚǁLJƚĞŵĚŽƌħŬŝ Ϯϳ͘ Ϯϴ͘ Ϯϵ͘ <ŽůŽƌſǁǁLJƉĞųŶŝĞŷƐnjĐnjLJƚſǁϲŬŽůŽƌſǁĚŽǁLJďŽƌƵƉƌnjĞnj njĂŵĂǁŝĂũČĐĞŐŽ͕ŬŽůŽƌƌĂŵLJͲďŝĂųLJ ůĞŵĞŶƚLJǁLJƉŽƐĂǏĞŶŝĂųſǏĞŬ͗ − DĂƚĞƌĂĐĚŽƉĂƐŽǁĂŶLJĚŽƌĂŵLJůĞǏĂnjƉŝĂŶŬŝƉŽůŝƵƌĞƚĂŶŽǁĞũǁ ƉŽŬƌŽǁĐƵƉĂƌŽƉƌnjĞƉƵƐnjĐnjĂůŶLJŵ͕ŶŝĞƉƌnjĞŶŝŬůŝǁLJĚůĂĐŝĞĐnjLJ͘ DĂƚĞƌĂĐnjŵŽǏůŝǁŽƑĐŝČǁLJŵŝĂŶLJƉŽŬƌŽǁĐĂ͕ƉŽŬƌŽǁŝĞĐnj njĂŵŬŝĞŵďųLJƐŬĂǁŝĐnjŶLJŵŽďƐnjLJƚLJǁůŝƚĞƌħͣ>͟njŽŬĂƉŶŝŬŝĞŵ͕ ŐƌƵďŽƑđŵŝŶŝŵƵŵϭϬĐŵ͕ŽĚƉŽƌŶLJŶĂĚĞnjLJŶĨĞŬĐũħ͘WŽŬƌŽǁŝĞĐ ŵĂƚĞƌĂĐĂůƵďƚŬĂŶŝŶĂnjŬƚſƌĞũũĞƐƚǁLJŬŽŶĂŶLJǁŝŶŝĞŶƉŽƐŝĂĚĂđ KƉŝŶŝħůĂďŽƌĂƚŽƌLJũŶČƉŽƚǁŝĞƌĚnjĂũČĐĂǁųĂƑĐŝǁŽƑĐŝ ŶŝĞƉƌnjĞƉƵƐnjĐnjĂůŶŽƑĐŝĚƌŽďŶŽƵƐƚƌŽũſǁǁLJĚĂŶČƉƌnjĞnj ƵƉƌĂǁŶŝŽŶLJĚŽƚĞŐŽƉŽĚŵŝŽƚ͘ʹϯƐnjƚ͘ − hĐŚǁLJƚŶĂǁŽƌŬŝƵƌŽůŽŐŝĐnjŶĞĐŚƌŽŵŽǁĂŶLJʹϯƐnjƚ͘ − WŽĚǁſũŶĂƌĂŵĂǁLJĐŝČŐŽǁĂǁLJŬŽŶĂŶĂnjŽŬƌČŐųLJĐŚƌƵƌ;ƐƚĂů ǁħŐůŽǁĂ͕ĐŚƌŽŵŽǁĂŶĂͿ;ǁLJƉŽƐĂǏŽŶĂǁǁŝĞƐnjĂŬŬƌŽƉůſǁŬŝϭ Ɛnjƚ͕͘ƵĐŚǁLJƚĚŽƌħŬŝϮƐnjƚ͕͘ϯƐnjƚƌŽůĞŬǁLJĐŝČŐŽǁLJĐŚͿʹϯŬƉů͘ − dĂďůŝĐnjŬĂŶĂŬĂƌƚLJƉĂĐũĞŶƚĂ͕ŝĚĞŶƚLJĨŝŬĂĐũħƉĂĐũĞŶƚĂǁLJŬŽŶĂŶĂnj ƉųLJƚLJ,W>ʹϯƐnjƚ͘ • ĞƌƚLJĨŝŬĂƚƉŽƚǁŝĞƌĚnjĂũČĐLJƉŽƐŝĂĚĂŶŝĞnjŶĂŬƵ͕ • tW/^ĚŽZĞũĞƐƚƌƵtLJƌŽďſǁDĞĚLJĐnjŶLJĐŚ͕ • ĞƌƚLJĨŝŬĂƚ /^K ϵϬϬϭ͗ϮϬϬϬ ůƵď ƌſǁŶŽǁĂǏŶLJ ƉŽƚǁŝĞƌĚnjĂũČĐLJ njĚŽůŶŽƑđ ĚŽ ĐŝČŐųĞŐŽ ĚŽƐƚĂƌĐnjĂŶŝĂ ǁLJƌŽďſǁ njŐŽĚŶŝĞ nj ǁLJŵĂŐĂŶŝĂŵŝ͕ • ĞƌƚLJĨŝŬĂƚ/^Kϭϯϰϴϱ͗ϮϬϬϯƉŽƚǁŝĞƌĚnjĂũČĐLJ͕ǏĞƉƌŽĚƵĐĞŶƚ ǁĚƌŽǏLJųŝƵƚƌnjLJŵƵũĞƐLJƐƚĞŵnjĂƌnjČĚnjĂŶŝĂũĂŬŽƑĐŝČĚůĂǁLJƌŽďſǁ ŵĞĚLJĐnjŶLJĐŚ͘ d<WK d< d< d< d< d< d<WK d<WK d< d<WK d< d< ϯϬ͘ 'ǁĂƌĂŶĐũĂŵŝŶ͘ϯϲŵŝĞƐŝħĐLJ d<WK ϯϭ͘ ^ĞƌǁŝƐƉŽŐǁĂƌĂŶĐLJũŶLJ͕ŽĚƉųĂƚŶLJƉƌnjĞnjŽŬƌĞƐŵŝŶ͘ϭϬůĂƚ d<WK ϯϮ͘ 'ǁĂƌĂŶĐũĂnjĂƉĞǁŶŝĞŶŝĂnjĂŬƵƉƵĐnjħƑĐŝnjĂŵŝĞŶŶLJĐŚƉƌnjĞnjŽŬƌĞƐϭϬůĂƚ d<WK ϯϯ͘ njĂƐƌĞĂŬĐũŝƐĞƌǁŝƐƵŵĂdž͘ϳϮŐŽĚnj͘ d<WK ^dt/E/tZhE<Mt/WZDdZMttzD'Ez,njĂų͘ϯ͘ϰĐ WƌnjĞĚŵŝŽƚnjĂŵſǁŝĞŶŝĂ͗^njĂĨŬĂƉƌnjLJųſǏŬŽǁĂnjďůĂƚĞŵďŽĐnjŶLJŵʹϮϳƐnjƚ͘ >Ɖ͘ WĂƌĂŵĞƚƌ ǁLJŵĂŐĂŶLJ KƉŝƐƉĂƌĂŵĞƚƌſǁǁLJŵĂŐĂŶLJĐŚ WĂƌĂŵĞƚƌŽĨĞƌŽǁĂŶLJ tzD'E/K'M>E EĂnjǁĂŽĨĞƌŽǁĂŶĞŐŽƵƌnjČĚnjĞŶŝĂ͗ ϭ͘ Ϯ͘ ϯ͘ ϰ͘ ϱ͘ ϲ͘ ϳ͘ ϴ͘ ϵ͘ ϭϬ͘ ϭϭ͘ ϭϮ͘ ϭϯ͘ ϭϰ͘ ϭϱ͘ WƌŽĚƵĐĞŶƚ͗ dLJƉ͗ ZŽŬƉƌŽĚƵŬĐũŝ͗ϮϬϭϰͬϮϬϭϱ <ŽƌƉƵƐƐnjĂĨŬŝǁLJŬŽŶĂŶLJnjƉƌŽĨŝůŝĂůƵŵŝŶŝŽǁLJĐŚ͘ZĂŵŬŝƐnjƵĨůĂĚŽƌĂnj ďŽŬŝŬŽƌƉƵƐƵǁLJŬŽŶĂŶĞnjŽĐLJŶŬŽǁĂŶĞũƐƚĂůŝƉŽŬƌLJƚĞũůĂŬŝĞƌĞŵ ƉŽůŝĞƐƚƌŽǁŽͲĞƉŽŬƐLJĚŽǁLJŵ͘ůĂƚƐnjĂĨŬŝŽƌĂnjĐnjŽųĂƐnjƵĨůĂĚǁLJŬŽŶĂŶĞnj ǁLJƚƌnjLJŵĂųĞŐŽŝǁŽĚŽŽĚƉŽƌŶĞŐŽƚǁŽƌnjLJǁĂ,W>;ŽŐƌƵďŽƑĐŝŵŝŶ͘ϲ ŵŵͿ͘ dLJůŶĂĐnjħƑđďůĂƚƵƐnjĂĨŬŝǁLJƉŽƐĂǏŽŶĂǁĂůƵŵŝŶŝŽǁLJƌĞůŝŶŐƉŽƐŝĂĚĂũČĐLJ ƚǁŽƌnjLJǁŽǁLJŚĂĐnjLJŬŶĂƌħĐnjŶŝŬnjŵŽǏůŝǁŽƑĐŝČĚĞŵŽŶƚĂǏƵŽƌĂnj ƉƌnjĞƐƵǁĂŶŝĂŶĂĐĂųĞũũĞŐŽĚųƵŐŽƑĐŝ͘ŽĐnjŶĞŬƌĂǁħĚnjŝĞďůĂƚƵƐnjĂĨŬŝ njĂďĞnjƉŝĞĐnjŽŶĞĂůƵŵŝŶŝŽǁĞůŝƐƚǁLJǁŬƐnjƚĂųĐŝĞůŝƚĞƌLJ͘ ^njĂĨŬĂƐŬųĂĚĂũČĐĂƐŝħnjĚǁſĐŚƐnjƵĨůĂĚ͕ƉŽŵŝħĚnjLJƐnjƵĨůĂĚĂŵŝƉſųŬĂŶĂ ƉƌĂƐħŽǁLJƐŽŬŽƑĐŝŵŝŶ͘ϭϱϬŵŵůƵďϭϰϬŵŵ͕ĚŽƐƚħƉĚŽƉſųŬŝŽĚ ĨƌŽŶƚƵƐnjĂĨŬŝ͘ ^njƵĨůĂĚĂŐſƌŶĂǁLJƉŽƐĂǏŽŶĂǁŽĚĞũŵŽǁĂŶLJƚǁŽƌnjLJǁŽǁLJ;^Ϳ ǁŬųĂĚƵųĂƚǁŝĂũČĐLJŵLJĐŝĞŝĚĞnjLJŶĨĞŬĐũħnjƉŽĚnjŝĂųĞŵŶĂϯĐnjħƑĐŝ͘ tLJƐŽŬŽƑđƐnjƵĨůĂĚLJŵŝŶ͘ϭϭϬŵŵ͘^njƵĨůĂĚĂǁLJƐƵǁĂŶĂƐƉŽĚŐſƌŶĞŐŽ ďůĂƚƵƐnjĂĨŬŝŶĂƉƌŽǁĂĚŶŝĐĂĐŚƌŽůŬŽǁLJĐŚƵŵŽǏůŝǁŝĂũČĐĞĐŝĐŚĞŝųĂƚǁĞ ǁLJƐƵǁĂŶŝĞŝĚŽŵLJŬĂŶŝĞ͘ ^njƵĨůĂĚĂĚŽůŶĂǁLJƉŽƐĂǏŽŶĂǁŽĚĞũŵŽǁĂŶLJƚǁŽƌnjLJǁŽǁLJ;^Ϳ ǁŬųĂĚųĂƚǁLJĚŽŵLJĐŝĂŝĚĞnjLJŶĨĞŬĐũŝĚnjŝĞůČĐLJǁŶħƚƌnjĞƐnjƵĨůĂĚLJŶĂϯ ĐnjħƑĐŝ͘:ĞĚŶĂnjĐnjħƑĐŝŵĂƉĞųŶŝđĨƵŶŬĐũħƵĐŚǁLJƚƵŶĂϮďƵƚĞůŬŝŽ ƉŽũĞŵŶŽƑĐŝŵŝŶ͘ϭ͕ϱů͕ƵĐŚǁLJƚŶĂďƵƚĞůŬŝnjŵŽǏůŝǁŽƑĐŝČũĞŐŽ ĚĞŵŽŶƚĂǏƵ͘tLJƐŽŬŽƑđƐnjƵĨůĂĚLJŵŝŶ͘ϯϱϬŵŵ͘^njƵĨůĂĚĂǁLJƉŽƐĂǏŽŶĂ ǁƉƌŽǁĂĚŶŝĐĞƌŽůŬŽǁĞƵŵŽǏůŝǁŝĂũČĐĞĐŝĐŚĞŝųĂƚǁĞǁLJƐƵǁĂŶŝĞŝ ĚŽŵLJŬĂŶŝĞ͘ tLJŵŝĂƌLJnjĞǁŶħƚƌnjŶĞ͗ ͲǁLJƐŽŬŽƑđͲϵϬϬŵŵ;цϮϬŵŵͿ ͲƐnjĞƌŽŬŽƑđƐnjĂĨŬŝͲϰϲϬŵŵ;цϮϬŵŵͿ ͲƐnjĞƌŽŬŽƑđƐnjĂĨŬŝnjnjĂŵŽŶƚŽǁĂŶLJŵ͕njųŽǏŽŶLJŵďůĂƚĞŵďŽĐnjŶLJŵͲ ϱϮϬŵŵͲϱϳϬŵŵ ͲƐnjĞƌŽŬŽƑđƉƌnjLJƌŽnjųŽǏŽŶLJŵďůĂĐŝĞͲϭϭϱϬŵŵ;цϯϬŵŵͿ ͲŐųħďŽŬŽƑđͲϰϳϬŵŵ;цϮϬŵŵͿ njŽųĂƐnjƵĨůĂĚnjĂŽƉĂƚƌnjŽŶĞǁƵĐŚǁLJƚLJǁŬŽůŽƌnjĞƐƚĂůŽǁLJŵ͘ WŽĚĚŽůŶČƐnjƵĨůĂĚČƉſųŬĂŶĂƌnjĞĐnjLJƉŽĚƌħĐnjŶĞƉĂĐũĞŶƚĂ;ŶƉ͘ŽďƵǁŝĞͿ ǁLJŬŽŶĂŶĂnjƚǁŽƌnjLJǁĂ^͘ŽƐƚħƉĚŽƉſųŬŝƚLJůŬŽŽĚĨƌŽŶƚƵƐnjĂĨŬŝ ^njĂĨŬĂǁLJƉŽƐĂǏŽŶĂǁďůĂƚďŽĐnjŶLJnjďĞnjƐƚŽƉŶŝŽǁČƌĞŐƵůĂĐũČ ǁLJƐŽŬŽƑĐŝnjĂƉŽŵŽĐČƐƉƌħǏLJŶLJŐĂnjŽǁĞũnjŵŽǏůŝǁŽƑĐŝČƌĞŐƵůĂĐũŝŬČƚĂ ƉŽĐŚLJůĞŶŝĂďůĂƚƵŽŬ͘ϯϬΣŝŽŬ͘ϲϬΣǁũĞĚŶČŝĚƌƵŐČƐƚƌŽŶħ͘ ^ƉƌħǏLJŶĂŐĂnjŽǁĂŽƐųŽŶŝħƚĂǁĂůƵŵŝŶŝŽǁĞũ͕ƉƌŽƐƚŽŬČƚŶĞũŽďƵĚŽǁŝĞ͘ DĞĐŚĂŶŝnjŵƵŶŽƐnjĞŶŝĂŽƌĂnjnjǁĂůŶŝĂŶŝĂďůĂƚƵƵŵŝĞƐnjĐnjŽŶLJǁ ƚǁŽƌnjLJǁŽǁĞũ͕ĞƌŐŽŶŽŵŝĐnjŶĞũŵĂŶĞƚĐĞƵŵŝĞƐnjĐnjŽŶĞũŶĂǁLJƐŽŬŽƑĐŝ ďůĂƚƵŐųſǁŶĞŐŽƐnjĂĨŬŝ͕ŶŝĞǁLJŵƵƐnjĂũČĐĞũŬŽŶŝĞĐnjŶŽƑĐŝƉŽĐŚLJůĂŶŝĂƐŝħ ĐĞůĞŵƌŽnjųŽǏĞŶŝĂůƵďƵŶŝĞƐŝĞŶŝĂďůĂƚƵďŽĐnjŶĞŐŽ͘ ZĞŐƵůĂĐũĂďůĂƚƵďŽĐnjŶĞŐŽǁnjĂŬƌĞƐŝĞ͗ϳϱϬͲϭϭϬϬŵŵ;цϮϬŵŵͿůƵď ϴϬϬͲϭϭϬϬŵŵ ůĂƚƉſųŬŝďŽĐnjŶĞũǁLJŬŽŶĂŶLJnjǁLJƚƌnjLJŵĂųĞŐŽŝǁŽĚŽŽĚƉŽƌŶĞŐŽ ƚǁŽƌnjLJǁĂ,W>;ŽŐƌƵďŽƑĐŝŵŝŶ͘ϲŵŵͿ͕ǁƐƉŽƌŶŝŬďůĂƚƵŽƐųŽŶŝħƚLJ njĂŽŬƌČŐůŽŶČŽƐųŽŶČǁLJŬŽŶĂŶČnjĂůƵŵŝŶŝƵŵ͕ŵŝŶ͘ĚǁŝĞŬƌĂǁħĚnjŝĞ njĂďĞnjƉŝĞĐnjŽŶĞĂůƵŵŝŶŝŽǁLJŵƌĞůŝŶŐŝĞŵǁŬƐnjƚĂųĐŝĞůŝƚĞƌLJ͘ ůĂƚŽĐnjŶLJnjŵŽǏůŝǁŽƑĐŝČũĞŐŽƌŽnjųŽǏĞŶŝĂŶĂŬĂǏĚĞũǁLJƐŽŬŽƑĐŝďĞnj ŬŽŶŝĞĐnjŶŽƑĐŝŽĚƐƵǁĂŶŝĂƐnjĂĨŬŝŽĚųſǏŬĂŽƌĂnjďĞnjŬŽŶŝĞĐnjŶŽƑĐŝŽďƌŽƚƵ ďůĂƚƵŽŬČƚϭϴϬΣ͘ZŽnjŬųĂĚŶŝĞďůĂƚƵďŽĐnjŶĞŐŽƌŽnjƉŽĐnjLJŶĂƐŝħƉŽƉƌnjĞnj ŽĚĐŚLJůĞŶŝĞŐſƌŶĞũŬƌĂǁħĚnjŝďůĂƚƵŶĂnjĞǁŶČƚƌnj;ŐſƌŶĂŬƌĂǁħĚǍ ǁLJƉŽƐĂǏŽŶĂǁƚǁŽƌnjLJǁŽǁLJƵĐŚǁLJƚǁLJƐƚĂũČĐLJƉŽnjĂŽďƌLJƐďůĂƚƵͿŶŝĞ ĚŽƉƵƐnjĐnjĂƐŝħƌŽnjǁŝČnjĂŶŝĂŽĚǁƌŽƚŶĞŐŽƉŽůĞŐĂũČĐĞŐŽŶĂŽĚĐŚLJůĞŶŝƵ ĚŽůŶĞũŬƌĂǁħĚnjŝďůĂƚƵʹǁLJŵƵƐnjĂũČĐĞũŬŽŶŝĞĐnjŶŽƑđƉŽĐŚLJůĂŶŝĂƐŝħ ŽƌĂnjŽĚƐƵǁĂŶŝĂƐnjĂĨŬŝŽĚŬƌĂǁħĚnjŝųſǏŬĂ͘ BĂƚǁŽŽĚĞũŵŽǁĂŶLJďůĂƚďŽĐnjŶLJnjŵŽǏůŝǁŽƑĐŝČnjĂŵŽĐŽǁĂŶŝĂnjůĞǁĞũ ůƵďƉƌĂǁĞũƐƚƌŽŶLJƐnjĂĨŬŝďĞnjŬŽŶŝĞĐnjŶŽƑĐŝƉŽĐŚLJůĂŶŝĂƐŝħnjǁĂůŶŝĂŶŝĞ ďůŽŬĂĚLJƐLJƐƚĞŵĞŵŶŽǏŶLJŵ;ďĞnjƵǏLJĐŝĂŶĂƌnjħĚnjŝʹųĂƚǁLJƐnjLJďŬŝ ŵŽŶƚĂǏŝĚĞŵŽŶƚĂǏďĞnjŬŽŶŝĞĐnjŶŽƑĐŝŽĚŬƌħĐĂŶŝĂƑƌƵďͿ ^njĂĨŬĂǁLJƉŽƐĂǏŽŶĂǁϰƉŽĚǁſũŶĞŬŽųĂũĞnjĚŶĞǁƚLJŵŵŝŶ͘Ϯnj ďůŽŬĂĚČ͕ŽƑƌ͘ŵŝŶ͘ϱϮŵŵnjĞůĂƐƚLJĐnjŶLJŵ͕ŶŝĞďƌƵĚnjČĐLJŵƉŽĚųſŐ ďŝĞǏŶŝŬŝĞŵ͘ůĂƚďŽĐnjŶLJƐnjĂĨŬŝǁLJƉŽƐĂǏŽŶLJǁĚŽĚĂƚŬŽǁĞϱŬŽųŽ d< d< d< d<WK d<WK d<WK d<WK d< d< d< d<WK d<WK d< d< d<WK njĂƉĞǁŶŝĂũČĐĞǁŝħŬƐnjČƐƚĂďŝůŶŽƑđƉŽĚĐnjĂƐƐƉŽǏLJǁĂŶŝĂƉŽƐŝųŬſǁʹ ƉŝČƚĞŬŽųŽnjŶĂũĚƵũĞƐŝħĐĞŶƚƌĂůŶŝĞƉŽĚŽďƵĚŽǁČƐƉƌħǏLJŶLJŐĂnjŽǁĞũ ϭϲ͘ <ŽŶƐƚƌƵŬĐũĂƐnjĂĨŬŝƉƌnjLJƐƚŽƐŽǁĂŶĂĚŽĚĞnjLJŶĨĞŬĐũŝƑƌŽĚŬĂŵŝ ĚŽƉƵƐnjĐnjŽŶLJŵŝĚŽƵǏLJĐŝĂǁƐnjƉŝƚĂůĂĐŚ ϭϳ͘ &ƌŽŶƚLJƐnjƵĨůĂĚŽƌĂnjďůĂƚLJĚŽƉĂƐŽǁĂŶĞŬŽůŽƌLJƐƚLJĐnjŶŝĞĚŽƐnjĐnjLJƚſǁ ųſǏĞŬ͕ŬŽŶƐƚƌƵŬĐũĂƐnjĂĨŬŝĚŽƉĂƐŽǁĂŶĂĚŽŬŽůŽƌƵƌĂŵLJųſǏŬĂ͘ ϭϴ͘ WƌŽĚƵŬƚĚŽƉƵƐnjĐnjŽŶLJĚŽŽďƌŽƚƵũĂŬŽǁLJƌſďŵĞĚLJĐnjŶLJ ϭϵ͘ 'ǁĂƌĂŶĐũĂŵŝŶ͘ϯϲŵŝĞƐŝħĐLJ ϮϬ͘ d< d<WK d< d<WK ^ĞƌǁŝƐƉŽŐǁĂƌĂŶĐLJũŶLJ͕ŽĚƉųĂƚŶLJƉƌnjĞnjŽŬƌĞƐŵŝŶ͘ϭϬůĂƚ d< Ϯϭ͘ 'ǁĂƌĂŶĐũĂnjĂƉĞǁŶŝĞŶŝĂnjĂŬƵƉƵĐnjħƑĐŝnjĂŵŝĞŶŶLJĐŚƉƌnjĞnjŽŬƌĞƐϭϬůĂƚ d< ϮϮ͘ njĂƐƌĞĂŬĐũŝƐĞƌǁŝƐƵŵĂdž͘ϳϮŐŽĚnj͘ d< Ϯϯ͘ ^njĂĨŬŝĨĂďƌLJĐnjŶŝĞŶŽǁĞ͕ŶŝĞƉŽǁLJƐƚĂǁŽǁĞ d< ͙͙͙͙͙͙͙͙͙͙͙͙͙͙͙͙͙ WKW/^