Catalogue Ride 2011 - BMW Motorrad Magyarország
Transcription
#.8.PUPSSBE 3JEF #.8.05033"%3*%& 1&3'03."/$&*/&7&3:'*#3& 5IF6MUJNBUF 3JEJOH.BDIJOF )&-.&54 46*54 5&95*-&46*54 -&"5)&346*54 +"$,&54 53064&34 #0054 (-07&4 '6/$5*0/"-$-05)*/( 6/%&346*54"/% 6/%&38&"3 8 */%"/%8&"5)&3 "$$&4403*&4 1305&$5*7&&26*1.&/5 #"(4"/%36$,4"$,4 $"3& )&"ѭ;0' 5 3*%&3&26*1.&/5 4*;&$)"354 $PODFQUPG"EWBODFE3JEFS&RVJQNFOU 108&3:06$"/'&&- 410354$-05)*/('03)*()1&3'03."/$&3*%*/( &WFSZUJNFZPVUBLFUPZPVSNPUPSDZDMFZPV HPPOFPOPOFXJUIUIFUBSNBD:PVMJWFGPS FWFSZDPSOFSBOEDPOTUBOUMZTFFLUIFCFTUMJOF XIFUIFSPOUIFUSBDLPSUIFSPBE:PVSFRVJQ NFOUNVTUEFMJWFSUIFVMUJNBUFJOQSPGFTTJPOBM QFSGPSNBODFѭBOEUIBUJTKVTUXIBUUIF4QPSU IFMNFUBOE%PVCMF3MFBUIFSTVJUBOECPPUTEP 8JUI3JEFS&RVJQNFOUTQPSUQSPEVDUTGSPN #.8.PUPSSBEFWFSZKPVSOFZZPVNBLFJTB HFOVJOFSBDJOHFYQFSJFODF 3*%*/(&/+0:.&/58*5)065-*.*54 &/%630&26*1.&/5'03"%7&/563&34 :PVEPOѳUMFUSPBETSFTUSJDUZPVSSJEJOHBT ZPVLOPXUIBUXIFOUIFBTQIBMUFOETUIF SFBMGVOCFHJOT8IBUFWFSUIFTVSGBDFZPVS #.8.PUPSSBE3JEFS&RVJQNFOUJTBMXBZT VQUPUIFKPC-JHIUBOE趒FYJCMFJUJT趑UUFE XJUIFWFSZUIJOHBOJOUSFQJEBEWFOUVSFSDPVME FWFSOFFE4PHFUPVUPGUIFHBSBHFBOEJOUPUIF HSFBUCFZPOEXIFSFOPUIJOHCVUOPUIJOHDBO TUPQZPV 8&"3:063'3&&%0.8*5)13*%& 63#"/$-05)*/('30.#.8.05033"% .PUPSDZDMJOHJTNVDINPSFUIBOBNFSFNFBOT PGUSBOTQPSUBUJPO:PVSFMJTIFWFSZKPVSOFZZPV NBLFXIFUIFS[JQQJOHBMPOHDPVOUSZMBOFT PSNBLJOHBRVJDLUSJQJOUPUPXOGPSBDPGGFF 8JUI#.8.PUPSSBE3JEFS&RVJQNFOUZPVѳSF QFSGFDUMZLJUUFEPVUGPSFWFSZEBZMJGFѭCPUIPO BOEPGGZPVSCJLF4PUBLFUPZPVSNBDIJOFPQFO UIFUISPUUMFBOEMJWFMJGFUIFXBZZPVXBOUJU :063(-0#"-$0.1"/*0/ 5063*/(&26*1.&/5'30.#.8.05033"% 5IFXPSMEJTZPVSPZTUFSXJUIFWFSZJODIBOE FWFSZDPSOFSPGFWFSZSPBEPGGFSJOHOPUIJOH CVUFOKPZNFOU5IFMPOHFSUIFKPVSOFZUIF CFUUFSXIJDIJTXIZZPVS#.8.PUPSSBEUPVS JOHFRVJQNFOUJTEFTJHOFEUPDPQFXJUIBOZ XFBUIFSDPOEJUJPOTBOEBOZDMJNBUFZPVDBSF UPUISPXBUJU'VODUJPOBMJUZBOEDPNGPSUBSF UIFXBUDIXPSETPOFWFSZSJEF4POPNBUUFS XIFSFZPVNBZCFJOUIFXPSMEZPVѳSFBMXBZT SJHIUBUIPNFJOUIFTBEEMF #.8.05033"%)&-.&54"/%$0..6/*$"5*0/4:45&.4 */5&--*(&/5%&4*(/'03*/5&--*(&/53*%&34 1305&$5*0/*4&7&3:5)*/( 5IFUFODPNNBOENFOUTPGHPPEIFMNFUEFTJHO 4"'&5: #.8.PUPSSBEIFMNFUTNFFUBOEJONBOZSFTQFDUT FYDFFEUIF&$&TUBOEBSE"MMPGUIFNIBWF BOFYQBOEFEQPMZTUZSPMJOOFSTIFMMPGWBSJBCMFUIJDL OFTTTPUIBUFBDIBSFBPGUIFIFBEDIJOGPSFIFBE DSPXOCBDLBOEDIFFLT HFUTUIFQSPQFSEFHSFFPG QSPUFDUJPO '*5 5IFIFMNFUTBSFBWBJMBCMFJOTJ[FTGSPNUP BOEDBOCFJOEJWJEVBMMZBEKVTUFEGPSUIF QFSGFDU趑UVTJOHDIFFLBOEOFDLQBETXIJDIBSF BWBJMBCMFJOWBSJPVTTJ[FT 8&*()5 &WFSZHSBNPGXFJHIUTBWFENBLFTSJEJOHUIBU NVDINPSFFOKPZBCMF%FTQJUFJUTHMBTT趑CSFTIFMM CVJMUJOTVOWJTPSEPVCMFHMB[FEWJTPSBOEUIFDPN QMFYNFDIBOJDTPGUIFDIJOTFDUJPOUIF4ZTUFN IFMNFUXFJHITJOBUKVTUHSBNTBQQSPYJNBUFMZ TJ[F 5IF4QPSUIFMNFUXFJHITFWFOMFTTBU HSBNTBOEBUPOMZBTIBEFPWFSHSBNT UIF$BSCPO&OEVSPJTPOFPGUIFMJHIUFTUFOEVSP IFMNFUTJOUIFXPSME "&30%:/".*$4 "&30"$0645*$4 "MM#.8.PUPSSBEIFMNFUTIBWFBIJHIMZFGGFDUJWF MPXQSFTTVSFWFOUJMBUJPONFDIBOJTN5IF"JS'MPX XBTUIF趑STUIFMNFUJOUIFXPSMEUPJNQMFNFOUUIF "JS'MPXQSJODJQMFBMMPXJOHUIFBJSUPQBTTUISPVHIB TQFDJBMNFTIBOEDSFBUFBQMFBTBOUDPPMJOHFGGFDU #.8.PUPSSBEIBTJUTPXOXJOEUVOOFMBMVYVSZ PUIFSNBOVGBDUVSFSTDBOPOMZESFBNBCPVU5IJT BMMPXTVTUPUFTUFWFSZIFMNFUEFTJHOVOEFSSFBM SFQMJDBCMFSJEJOHDPOEJUJPOTBOEUIFOPQUJNJ[FJUT BFSPEZOBNJDTBOEBFSPBDPVTUJDT4PBTXFMMBTUIFJS BDUJWFTBGFUZCFOF趑UTUIFIFMNFUTBSFBNPOHUIF RVJFUFTUJOUIFJSDMBTT 7&34"5*-*5: %&4*(/ 7&/5*-"5*0/ 5IF#.8.PUPSSBESBOHFJODMVEFTUIFSJHIUIFMNFU GPSKVTUBCPVUFWFSZVTF'PSFYBNQMFUIF4ZTUFN 趒JQVQIFMNFUXJUIJUTCVJMUJOTVOWJTPSGPVSIJOHF NFDIBOJTNBOEQSFQBSBUJPOGPSUIFSFUSP趑UUBCMF #MVFUPPUInDPNNVOJDBUJPOTZTUFNJTJEFBMGPSCJLFST XIPQMBDFBQSFNJVNPODPNGPSU '"45&/&34 "MM#.8.PUPSSBEIFMNFUTIBWFBOBEEJUJPOBMOFDL TUSBQUPLFFQUIFNJOQMBDFJOUIFFWFOUPGBDSBTI 5IFZBMTPJODPSQPSBUFBVTFSGSJFOEMZSBUDIFUMPDLPS EPVCMF%GBTUFOFSEFQFOEJOHPOUIFJSVTF 5IFZѳSFOPUKVTUTBGFUIFZMPPLHSFBUUPP&BDIPG PVSIFMNFUTJTEFTJHOFEUPCFUSFOETFUUJOHEZOBNJD BOEFZFDBUDIJOH 7*4034 "MM#.8.PUPSSBEWJTPSTGFBUVSFBIJHIQFSGPSNBODF BOUJGPHBOEBOUJTDSBUDIDPBUJOHXIJMFUIF4ZTUFN 4QPSUBOE%PVCMF3IFMNFUTGFBUVSFBEPVCMFHMB[FE WJTPSBTTUBOEBSE"TTVDIUIFZPGGFSBOVOSJWBMMFE MFWFMPGGPHHJOHQSFWFOUJPO $0.'035 7JSUVBMMZBMM#.8.PUPSSBEIFMNFUTIBWFBSFNPW BCMFXBTIBCMFCSFBUIBCMFBOEBOUJCBDUFSJBMMJOFS NBEFGSPN%V1POU$PPMNBYnPS)ZESPQMVTԂ 4:45&.)&-.&5 8FJHIJOHKVTUHSBNTUIF4ZTUFNIFMNFUJTFYDFQUJPOBMMZDPN GPSUBCMFBOEPGGFSTBIPTUPGOFXGFBUVSFT*UTGPVSIJOHFEFTJHONFBOT UIFIFMNFUJTQBSUJDVMBSMZDPNQBDUFWFOXIFO趒JQQFEVQXIJMFUIF TUFQMFTTMZBEKVTUBCMFTVOWJTPSBMMPXTZPVUPJOTUBOUMZBEBQUUPDIBOHJOH MJHIUDPOEJUJPOT&YDFMMFOUWFOUJMBUJPOFOTVSFTZPVLFFQBDPPMIFBEBU BMMUJNFTBOEUIFEPVCMFHMB[FEWJTPSPGGFSTJODSFEJCMFDMBSJUZPGWJTJPO 'VSUIFSNPSFUIFIFMNFUѳTBFSPEZOBNJDBOEBFSPBDPVTUJDQFSGPSNBODF JTBNPOHUIFCFTUPOUIFNBSLFU 4:45&.)&-.&5 Ѽ (MBTT趑CSFPVUFSTIFMM Ѽ 'MJQVQDIJOTFDUJPOXJUIGPVSIJOHF NFDIBOJTN Ѽ *OOFSTIFMMJOUXPTJ[FTNBEFGSPN NVMUJTFHNFOUFYQBOEFEQPMZTUZSPM Ѽ #VJMUJOESPQEPXOTVOWJTPS FBTJMZPQFSBUFEWJBTMJEFS Ѽ $FOUSBMCVUUPOUPPQFODIJOTFDUJPO Ѽ $IJOTUSBQXJUISBUDIFUMPDL Ѽ %PVCMFHMB[FEWJTPSBTTUBOEBSE BOUJTDSBUDIDPBUJOHPOPVUFSGBDF Ѽ 7FSZXJEF趑FMEPGWJTJPO Ѽ &YDFMMFOUIFBEBOEWJTPSWFOUJMBUJPO Ѽ 6OSJWBMMFEBFSPEZOBNJDTBOE BFSPBDPVTUJDT Ѽ $IJOTUSBQXJUIJOUFHSBUFEOFDLTUSBQ GPSPQUJNVN趑U Ѽ 3FNPWBCMFXBTIBCMFMJOFSNBEF GSPN"MDBOUBSBn%V1POU$PPMNBYn BOE)ZESPQMVTԂ Ѽ $PNQMJFTXJUI&$& Ѽ $PNQBUJCMFXJUI#.8.PUPSSBE DPNNVOJDBUJPOTZTUFN Ѽ 'PSEFUBJMTPGSFUSP趑UUBCMFOFDLBOE DIFFLQBETBOEPUIFSSFQMBDFNFOU QBSUTBOEQSJDFTTQFBLUPZPVS#.8 .PUPSSBEEFBMFS Ѽ "EKVTUBCMFDIJOTQPJMFS Ѽ 4J[FTѭ DIJOTFDUJPO趒JQQFEVQ TVOWJTPS /FX /FX $PMPVSTDIFNF4IBSQ&EHFE $PMPVS8IJUF4JMWFS.FUBMMJD &YDMVTJWFIFMNFUCBH 4ZTUFNIFMNFUBDDFTTPSJFT Ѽ 3PCVTUXBUFSQSPPGOZMPOn Ѽ $VTIJPOFEMJOJOH Ѽ 1BEEFEDPOTUSVDUJPO Ѽ &YUSBMPOH[JQ Ѽ 5XPIBSEXFBSJOHIBOEMFT Ѽ $PMPVS"OUISBDJUF Ѽ -JOJOHDIFFLQBETBOEOFDLQBET JOWBSJPVTTJ[FT Ѽ #.8.PUPSSBEDPNNVOJDBUJPO TZTUFN Ѽ )FMNFUDMFBOFS Ѽ 7JTPSDMFBOJOHDMPUI Ѽ 7JTPSCBH Ѽ 5JOUFEWJTPSBWBJMBCMF.BSDI $PMPVS%BSL(SFZ.BUU $PMPVSTDIFNF$PTNJD $PMPVS/JHIU#MBDL $PMPVS5JUBOJVN4JMWFS $PMPVS'MVPSJOF:FMMPX 5JOUFEWJTPSTBSFOPUBWBJMBCMFJOUIF6, &/%630)&-.&5 $PMPVSTDIFNF7PMU $PMPVS%BSL(SFZ.BUU $PMPVS.BHOFTJVN.BUU $PMPVSTDIFNF8BWF &YDMVTJWFIFMNFUCBH &OEVSPIFMNFUBDDFTTPSJFT Ѽ 3PCVTUXBUFSQSPPGOZMPOn Ѽ $VTIJPOFEMJOJOH Ѽ 1BEEFEDPOTUSVDUJPO Ѽ &YUSBMPOH[JQ Ѽ 5XPIBSEXFBSJOHIBOEMFT Ѽ $PMPVS"OUISBDJUF Ѽ -JOJOHBOEDIFFLQBETJO WBSJPVTTJ[FT Ѽ 5JOUFEWJTPS Ѽ 7JTPSDMFBOJOHDMPUI Ѽ 7JTPSCBH Ѽ )FMNFUDMFBOFS "IFMNFUUIBUPGGFSTFWFSZUIJOHZPVѳEFYQFDUGSPNB#.8.PUPSSBEFOEVSPTQPSUT IFMNFUѭQFSGFDU趑UTVQFSCBFSPEZOBNJDTBOEPGDPVSTFNBYJNVNSJEFSTBGFUZ $PMPVS4OPX8IJUF 8IJMFTUPDLTMBTU &/%630)&-.&5 1FBLOPWJTPS 7JTPSOPQFBL Ѽ 0VUFSTIFMMNBEFGSPNHMBTT趑CSF XJUIDBSCPOBOE,FWMBSnSFJOGPSDF NFOUT Ѽ 'JWFQBSUFYQBOEFEQPMZTUZSPMJOOFS TIFMMGPSPQUJNVNTIPDLBCTPSQUJPO Ѽ 5ISFFEJGGFSFOUPVUFSTIFMMTJ[FT Ѽ -JOFSNBEFPG%V1POU$PPMNBYn BOE"MDBOUBSBn Ѽ 3FNPWBCMFXBTIBCMFIFBEBOE DIFFLQBET Ѽ %FUBDIBCMFDIJOTQPJMFSGPSJNQSPWFE WFOUJMBUJPO Ѽ *OKFDUJPONPVMEFEUISFFEJNFOTJPO BMMZDVSWFEWJTPSXJUIBOUJTDSBUDIBOE BOUJGPHDPBUJOH Ѽ $PNQMJFTXJUI&$& Ѽ $IJOTUSBQXJUIEPVCMF%GBTUFOFS Ѽ "EEJUJPOBMOFDLTUSBQTGPSTFDVSFIPME Ѽ 8FJHIUXJUIWJTPSBQQSPY HSBNTXJUIPVUWJTPSBQQSPY HSBNT Ѽ 4XJUDIJOTFDPOETCFUXFFOQFBL BOEWJTPSQFBLPOMZBOEWJTPSPOMZ Ѽ 4J[FTѭ $PMPVSTDIFNF#VMMJU 5JOUFEWJTPSTBSFOPUBWBJMBCMFJOUIF6, $"3#0/&/%630)&-.&5 5IF$BSCPO&OEVSPJTPVSMJHIUFTUFWFSFOEVSPIFMNFUXFJHIJOHKVTUHSBNT JODMVEJOHTVOTIJFMEBOEWJTPS 5IJTJTQSJODJQBMMZEPXOUPUIFVTFPGDBSCPO NBUFSJBMTPSJHJOBMMZEFWFMPQFEGPSUIFBFSPTQBDFJOEVTUSZ$PNCJOJOHVOQBSBMMFMFE DPNGPSUSJEFSTBGFUZBOECSFBUIUBLJOHEFTJHOUIF$BSCPO&OEVSPIFMNFUPGGFST SJEFSTFWFSZUIJOHUIFZDPVMEXJTIGPS $"3#0/&/%630)&-.&5 &YDMVTJWFIFMNFUCBH Ѽ 3PCVTUXBUFSQSPPGOZMPOn Ѽ$VTIJPOFEMJOJOH Ѽ1BEEFEDPOTUSVDUJPO Ѽ&YUSBMPOH[JQ Ѽ5XPIBSEXFBSJOHIBOEMFT Ѽ$PMPVS"OUISBDJUF Ѽ 0VUFSTIFMMNBEFGSPNDBSCPOBOE ,FWMBSnMBNJOBUF Ѽ 5ISFFEJGGFSFOUPVUFSTIFMMTJ[FT Ѽ 'JWFQBSUFYQBOEFEQPMZTUZSPMJOOFS TIFMMGPSPQUJNVNTIPDLBCTPSQUJPO Ѽ "MDBOUBSBnBOE%V1POU$PPMNBYn MJOJOH Ѽ 3FNPWBCMFXBTIBCMFIFBEBOE DIFFLQBET Ѽ %FUBDIBCMFDIJOTQPJMFSGPSJNQSPWFE WFOUJMBUJPO Ѽ $IJOTUSBQXJUIEPVCMF%GBTUFOFS Ѽ /FDLTUSBQTGPSTFDVSFIPME Ѽ *OKFDUJPONPVMEFEUISFFEJNFOTJPO BMMZDVSWFEWJTPSXJUIBOUJTDSBUDIBOE BOUJGPHDPBUJOH Ѽ &YUSFNFMZMPXXFJHIU HSBNTJODMVEJOHTVOTIJFME BOEWJTPSTJ[FTBOE HSBNTTJ[FTBOE HSBNTTJ[FTBOE Ѽ $PNQMJFTXJUI&$& Ѽ 4J[FTѭ &OEVSPIFMNFUBDDFTTPSJFT Ѽ -JOFSBOEDIFFLQBETJOWBSJPVTTJ[FT Ѽ 5JOUFEWJTPS Ѽ 7JTPSDMFBOJOHDMPUI Ѽ 7JTPSCBH Ѽ)FMNFUDMFBOFS 5JOUFEWJTPSTBSFOPUBWBJMBCMFJOUIF6, %PVCMF3)&-.&5 Ѽ (MBTT趑CSFPVUFSTIFMMJOUXPTJ[FT Ѽ 4DSBUDISFTJTUBOUEPVCMFHMB[FEWJTPS Ѽ &YUSFNFMZTUBCMFBUIJHITQFFET Ѽ 4QPJMFSTQFDJ趑DBMMZEFTJHOFEGPS SJEJOHUIF433 Ѽ &GGFDUJWFWJTPSBOEIFBEWFOUJMBUJPO Ѽ %PVCMF%GBTUFOFS Ѽ /FDLTUSBQTGPSTFDVSFIPME Ѽ 4J[FTѭ %PVCMF3IFMNFUBDDFTTPSJFT Ѽ $IFFLOFDLQBETBOEDIJOTQPJMFS JOWBSJPVTTJ[FT Ѽ 5JOUFEWJTPSXJUIBOUJTDSBUDI BOUJGPHDPBUJOH Ѽ 7JTPSDMFBOJOHDMPUI Ѽ 7JTPSCBH Ѽ )FMNFUDMFBOFS 5JOUFEWJTPSTBSFOPUBWBJMBCMFJOUIF6, 41035)&-.&5 "JS'MPX)&-.&5 41035)&-.&5 Ѽ 0VUFSTIFMMNBEFPGHMBTT趑CSF UXPTJ[FTBWBJMBCMF Ѽ 8FJHIUBQQSPYHSBNT Ѽ .VMUJTFHNFOUFYQBOEFEQPMZTUZSPM JOOFSTIFMM Ѽ %PVCMFHMB[FEWJTPSXJUIBOUJTDSBUDI DPBUJOHPOPVUFSGBDF Ѽ 7JTPSJTFBTZUPDIBOHF Ѽ )FBEWFOUJMBUJPODPOUSPMMFEWJBTMJEFS Ѽ 7JTPSWFOUJMBUJPODPOUSPMMFEWJBDFOUSBM SPDLFSTXJUDI Ѽ .PJTUVSFXJDLJOH)ZESPQMVTԂMJOFS SFNPWBCMFBOEXBTIBCMF Ѽ $IJOTUSBQXJUISBUDIFUMPDL Ѽ $PNQBUJCMFXJUI#.8.PUPSSBE DPNNVOJDBUJPOTZTUFN Ѽ /FDLTUSBQTGPSTFDVSFIPME Ѽ $PNQMJFTXJUI&$& Ѽ 4J[FTѭ $PMPVSTDIFNF4QFFE "JS'MPX)&-.&5 4QPSUIFMNFUBDDFTTPSJFT Ѽ 0QUJNBMBJSDJSDVMBUJPO Ѽ -BSHFTUBJOMFTTTUFFMNFTITFDUJPO Ѽ 1PMZDBSCPOBUFTIFMMXJUI NVMUJQMFDPBUTPGQBJOU Ѽ $PNQMJFTXJUI&$& Ѽ 8JOEBOEXBUFSQSPPGDPWFST Ѽ 3FNPWBCMFXBTIBCMF TLJOGSJFOEMZ%V1POU$PPMNBYnMJOJOH Ѽ 8FJHIUBQQSPYHSBNT Ѽ 4J[FTѭ Ѽ #.8.PUPSSBEDPNNVOJDBUJPO TZTUFN#MVFUPPUI&$& DPNQMJBOU Ѽ 5JOUFEWJTPSXJUIBOUJTDSBUDI BOUJGPHDPBUJOH Ѽ 7JTPSDMFBOJOHDMPUI Ѽ 7JTPSCBH Ѽ )FMNFUDMFBOFS Ѽ 'PSEFUBJMTPGSFUSP趑UUBCMFOFDL BOEDIFFLQBETBOEPUIFSSFQMBDF NFOUQBSUTBOEQSJDFTTQFBL UPZPVS#.8.PUPSSBEEFBMFS "JS'MPXIFMNFUBDDFTTPSJFT Ѽ -POHDMFBSWJTPS Ѽ 4IPSUDMFBSWJTPS Ѽ -POHUJOUFEWJTPS Ѽ 4IPSUUJOUFEWJTPS Ѽ 7JTPSDMFBOJOHDMPUI Ѽ 4VOTIJFME Ѽ 4FUPGUSBOTQBSFOUHSJEDPWFST Ѽ )FMNFUDMFBOFS 5JOUFEWJTPSTBSFOPUBWBJMBCMFJOUIF6, $PMPVS/JHIU#MBDL 5JOUFEWJTPSTBSFOPUBWBJMBCMFJOUIF6, &YDMVTJWFIFMNFUCBH Ѽ 3PCVTUXBUFSQSPPGOZMPOn Ѽ $VTIJPOFEMJOJOH Ѽ 1BEEFEDPOTUSVDUJPO Ѽ &YUSBMPOH[JQ Ѽ 5XPIBSEXFBSJOHIBOEMFT Ѽ $PMPVS"OUISBDJUF $PMPVSTDIFNF.BHNB $PMPVSTDIFNF4QBSD $PMPVS/JHIU#MBDL $PMPVS(SBOJUF(SFZ.BUU $PMPVS8IJUF.FUBMMJD $PMPVS8IJUF"MVNJOJVN.BUU $PMPVS(SBQIJUBO.BUU #.8.05033"%$0..6/*$"5*0/4:45&. (&5.03&0650'.0503$:$-*/( .PUPSDZDMJOHJTBMMBCPVUFOKPZJOHUIFNPNFOUѭBOETIBSJOHJU&TQFDJBMMZ XJUIZPVSSJEJOHDPNQBOJPO:PVBMTPXBOUUPCFBCMFUPMJTUFOUPZPVSGBWPVSJUF NVTJDUBLFQIPOFDBMMTBOEHFUJOTUSVDUJPOTGSPNZPVSOBWJHBUJPOTZTUFN "OEXJUIUIF#.8.PUPSSBEDPNNVOJDBUJPOTZTUFNZPVDBOEPBMMUIBU VOEJTUVSCFECZXJOEBOEFOHJOFOPJTFBOEXJUIPVUFWFSUBLJOHZPVSFZFTPGG UIFSPBE ")*()26"-*5:64&3&91&3*&/$& 8JUIBCBUUFSZMJGFPGIPVSTUIF#.8.PUPSSBEDPNNVOJDBUJPOTZTUFNJT BOFOEVSBODFTQFDJBMJTU*UBMTPQPTTFTTFTFYDFMMFOUQPXFSTPGSFDPWFSZXJUI BGVMMCBUUFSZDIBSHFUBLJOHBQQSPYJNBUFMZKVTUGPVSIPVSTWJBFJUIFSUIFTVQQMJFE NBJOTDIBSHFSPSUIF64#QPSUPGZPVS1$0UIFSCFOF趑UTJODMVEFCBDLHSPVOE OPJTFDBODFMMBUJPOBOETQFFEEFQFOEFOUWPMVNFDPOUSPMGPSBOFYDFMMFOURVBMJUZ VTFSGSJFOEMZBVEJPFYQFSJFODFFWFOBUIJHITQFFET "'0638":$0//&$5*0/ 5IFSJEFSѳTIFMNFUIFMNFU DBOCFTJNVMUBOFPVTMZDPOOFDUFEUPB OBWJHBUJPOTZTUFNBNPCJMFQIPOFBNVTJDQMBZFSBOEUIFQBTTFOHFSѳT IFMNFUIFMNFU DBOCFDPOOFDUFEUPBQIPOFBOEBNVTJDQMBZFS 5IFSFTVMUJTBSJDIFSNPSFJOUFSBDUJWFSJEJOHFYQFSJFODF 4"'&13"$5*$"-"/%)*()-:64&3'3*&/%-: 5IF#.8.PUPSSBEDPNNVOJDBUJPOTZTUFNGFBUVSFTKVTUUISFFCVUUPOTѭ 0O0GG1MVTBOE.JOVTѭBOEUIFTFBMMPXVTFSTUPPQFSBUFBMMJUTGVODUJPOT 5IJTNBLFTJUJODSFEJCMZFBTZѭBOEUIFSFGPSFѭTBGFSUPVTF5IF4ZTUFN BOE4QPSUBOE%PVCMF3IFMNFUTBSFBMMEFTJHOFEUPBDDPNNPEBUFUIF #.8.PUPSSBEDPNNVOJDBUJPOTZTUFNTPJUDBOCF趑UUFEXJUIPVUBGGFDUJOH UIFJS&$&DFSUJ趑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Ѽ 3JEFSBOEQBTTFOHFSDBOTQFBLUPFBDIPUIFS Ѽ 3JEFSBOEQBTTFOHFSDBOFBDIMJTUFOUPNVTJDGSPNBEJGGFSFOUTPVSDF Ѽ 3JEFSBOEQBTTFOHFSDBOFBDISFDFJWFDBMMTPOUIFJSPXONPCJMFQIPOF Ѽ 5IFSJEFSDBOIFBSQSPNQUTGSPNUIFOBWJHBUJPOTZTUFN Ѽ "NBYJNVNPGIFMNFUTOBWJHBUJPOEFWJDFNPCJMFQIPOFTBOE NVTJDQMBZFSTDBOCFVTFETJNVMUBOFPVTMZ 5&$)/*$"-%"5" #.8.05033"%$0..6/*$"5*0/4:45&. 8FJHIU .BYJNVNDPOOFDUJPOT 3BOHF 3BOHFXJUISFEVDFETPVOERVBMJUZ 5SBOTNJUUJOHQPXFS #BUUFSZMJGF 8BUFSQSPPGSBUJOH #MVFUPPUITUBOEBSE #MVFUPPUIQSP趑MF )FMNFUDPNQBUJCJMJUZ BQQSPYHSBNT QFSIFBETFU BQQSPYNFUSFT BQQSPYѭNFUSFT VQUPNFHBXBUUT BQQSPYѭIPVST WFSZHPPE*91 "%1IFBETFUIBOETGSFF411 4ZTUFN4ZTUFN4QPSU%PVCMF3 #.8.05033"%46*54 '035)&.0503$:$-*/(#0%:#&"65*'6- "4&$0/%4,*/'035)&%*4$&3/*/(3*%&3 #.8.PUPSSBE3JEFS&RVJQNFOUNBUFSJBMT "U#.8.PUPSSBEXFVTFPOMZUIF趋OFTUNBUFSJBMT GPSPVS3JEFS&RVJQNFOUBOEBSFDPOUJOVBMMZEFWFM PQJOHBOETPVSDJOHOFXUFDIOPMPHJFTTPUIBUZPV DBOCFTVSFZPVIBWFUIFWFSZCFTUUIBUѳTBWBJMBCMF $PMEDPOEJUJPOT JOBDUJWFTUBUF 8BSNDPOEJUJPOT BDUJWFTUBUF 4$)0&--&3 ,&1304)*&-%ӿ n 5IJTQSPUFDUJWFDPNQPTJUFIBTCFFOTQFDJBMMZ EFTJHOFEGPSNPUPSDZDMJOHBOEDPNCJOFTBUISFF MBZFSMBNJOBUFPG,FWMBSnBSBNJE DPUUPOBOEQPMZ BNJEFXJUIUIFD@DIBOHFԂ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ԂNFNCSBOFSFBDUT UPDIBOHFTJOUFNQFSBUVSFBOE MFWFMPGFYFSUJPO DPMECMBDLnUFDIOPMPHZSF趌FDUT TVOMJHIU "MM#.8.PUPSSBEMFBUIFSTVJUTJODPSQPSBUFUIF 5'-n$PPMTZTUFN5IJTNFBOTUIBUEBSLMFBUIFST SF趌FDUUIFTVOѳTSBZTJOUIFTBNFXBZBTMJHIU DPMPVSFENBUFSJBMTQSFWFOUJOHUIFNGSPNHFUUJOH BTIPUBTUIFZOPSNBMMZXPVME5FTUTIBWFTIPXO UIBUJOCSJHIUTVOMJHIU#.8.PUPSSBETVJUTBSFVQ UPp$DPPMFSUIBODPOWFOUJPOBMMFBUIFSTVJUT"T BOBEEFECPOVTUIFUFDIOPMPHZBMTPTJHOJ趋DBOUMZ TMPXTUIFHBSNFOUTѳBHFJOHQSPDFTT $@$)"/(&ӿ 8PSLJOHJODPOKVODUJPOXJUI4XJTTUFYUJMFTQFDJBMJTUT 4DIPFMMFSn#.8.PUPSSBEIBTEFWFMPQFEBOFX BDUJWFNFNCSBOFD@DIBOHFԂ*UGFBUVSFTQPSFTUIBU BEBQUUIFJSTJ[FBDDPSEJOHUPUIFFYUFSJPSUFNQFSB UVSFUIFSFCZSFHVMBUJOHUIFCSFBUIBCJMJUZPGUIFDMPUI JOH5IFQSJODJQMFJTUIFTBNFBTUIBUPGB趋SDPOF XIJDIPQFOTJUTTDBMFTJOXBSNXFBUIFSBOEDMPTFT UIFNXIFOJUJTDPME5IJTNFBOTUIBUD@DIBOHFԂ HBSNFOUTBMMPXUIFTLJOUPCSFBUIFPOIPUEBZTBOE MPDLJOIFBUXIFOJUJTDPPMFS5IFNFNCSBOFJTBMTP XJOEBOEXBUFSQSPPGBOE趌FYJCMFFOPVHIUPCF DPNCJOFEXJUIGVMMZFMBTUJDBUFEPVUFSNBUFSJBMTGPS JODSFBTFEDPNGPSU *OGSBSFEQIPUPHSBQIZTIPXTIPX #.8.PUPSSBEDMPUIJOHXJUI5'-n $PPMUFDIOPMPHZ QSFWFOUTPWFS IFBUJOHDPNQBSFEXJUIBDPOWFOUJPOBM MFBUIFSTVJU NBLJOHZPVNPSF SFMBYFEBOEBMFSU $0-%#-"$,n5&$)/0-0(: 8JUIDPMECMBDLnUFDIOPMPHZEBSLUFYUJMFTVJUTSF趌FDU VQUPPGOFBSJOGSBSFETVOMJHIU"TBSFTVMUUIF NBUFSJBMTUBZTDPPMFSGPSMPOHFSBOESJEFSDPNGPSUJT HSFBUMZJODSFBTFE 453&&5(6"3%46*5 K 5IFFYDMVTJWFVTFPG4DIPFMMFSn,FQSPTIJFMEԂUISFFMBZFSMBNJOBUFѭGFBUVSJOH ,FWMBSnBSBNJE DPUUPOBOEQPMZBNJEFJODPOKVODUJPOXJUIUIFD@DIBOHFԂNFN CSBOFѭNBLFTUIF4USFFUHVBSETVJUBOVOCFBUBCMFBMMSPVOEFS*UPVUQFSGPSNTJUT QSFEFDFTTPSCZBSPVOEJOUIFLFZBSFBTPGBCSBTJPOUFBSJNQBDUBOEGSJD UJPOBMIFBUSFTJTUBODFBOEJTUIFJEFBMBUUJSFGPSFWFSZSJEFXIBUFWFSUIFXFBUIFS 453&&5(6"3%46*5 Ѽ #MBDL,FQSPTIJFMEԂBOE%ZOBUFDԂ PVUFSNBUFSJBMTGFBUVSJOHDPMECMBDLn UFDIOPMPHZ Ѽ 8JOEQSPPGXBUFSQSPPGBOEIJHIMZ CSFBUIBCMFEVFUPJOUFMMJHFOU D@DIBOHFԂNFNCSBOF Ѽ 4PGUTIFMMNBUFSJBMJOQPDLFUTBOE JOTJEFPGDVGGT Ѽ 3FNPWBCMF/1QSPUFDUPSTGPSCBDL TIPVMEFSTFMCPXTIJQTBOELOFFT UISFFIFJHIUQPTJUJPOT Ѽ ;JQQFEQSPUFDUPSQPDLFUGPSCBDL QSPUFDUPS Ѽ $BOCFSFUSP趑UUFEXJUIDPDDZY QSPUFDUPS Ѽ 8BUFSQSPPGXJOEQSPPGBOE 67SFTJTUBOU4UPSNn[JQPOKBDLFU Ѽ )JHIRVBMJUZXBUFSQSPPG"26"[JQn GBTUFOFSTPOFYUFSJPSQPDLFUT Ѽ 3F趒FDUJWFNBUFSJBMPOUIFGSPOU CBDLBOEUSPVTFSMFHT Ѽ 3FNPWBCMFXJOEBOEXBUFSQPPG TUPSNDPMMBS Ѽ 8BUFSQSPPGWFOUJMBUJPO[JQT Ѽ 3FNPWBCMF.5IJOTVMBUFԂ UIFSNBMMJOJOH Ѽ )JHIUSPVTFSXBJTUXJUI趒FFDFMJOJOH Ѽ 3BEJBUJPOTIJFMEFEXBUFSQSPPG NPCJMFQIPOFQPDLFUBOEUXP XBUFSQSPPGJOOFSQPDLFUTJOUIFKBDLFU Ѽ $POOFDUPS[JQJOUXPMFOHUIT Ѽ $PMPVSTKBDLFUѭ#MBDL #MBDL(SFZ0SBOHF USPVTFSTѭ#MBDL Ѽ 4J[FTXPNFO ѭѭѭ Ѽ 4J[FTNFO ѭѭѭ *//07"5*7&$0-%#-"$,n5&$)/0-0(: 5IJTJOOPWBUJWFTVSGBDFDPBUJOH SF趒FDUTVQUPPGUIFTVO MJHIUTUSJLJOHEBSLNBUFSJBMT"T BSFTVMUUIFPVUFSNBUFSJBMEPFT OPUIFBUVQBTNVDINFBOJOH UIFSJEFSSFNBJOTDPNGPSUBCMF BOEUIFSFGPSFNPSFBMFSU 8JUIPVUDPMECMBDLn UFDIOPMPHZ 8JUIDPMECMBDLn UFDIOPMPHZ $0.'0354)&--46*5 $0.'0354)&--46*5 Ѽ "CSBTJPOSFTJTUBOUFMBTUJDBUFE %ZOBUFDԂUISFFMBZFSMBNJOBUF Ѽ D@DIBOHFԂDMJNBUFNFNCSBOF CSFBUIBCMFXJOEQSPPGBOE XBUFSQSPPG Ѽ 3FNPWBCMF/1QSPUFDUPSTGPS TIPVMEFSTFMCPXTCBDLIJQTBOE LOFFTUXPIFJHIUQPTJUJPOT Ѽ 3F趒FDUJWFBSFBT Ѽ 7FOUJMBUJPO[JQTBUGSPOUBOECBDL Ѽ 8BUFSQSPPGFYUFSJPSQPDLFUTPOUIF KBDLFUBOEUSPVTFSTBOEXBUFSQSPPG JOOFSQPDLFUJOUIFKBDLFU Ѽ $POOFDUPS[JQDN Ѽ $PMPVSTKBDLFUѭ#MBDL#MVF3FE Ѽ 5SPVTFSTѭ#MBDL Ѽ 4J[FTXPNFO ѭBMMDPMPVST BOEѭ#MVFBOE#MBDLPOMZ Ѽ 4J[FTNFO ѭBMMDPMPVST BOE ѭ#MVFBOE#MBDLPOMZ "TQPSUZXBUFSQSPPGUPVSJOHTVJUGPSUIFTVNNFSUIF$PNGPSU4IFMMѳTVOJRVF D@DIBOHFԂNFNCSBOFBOEFMBTUJDBUFEPVUFSMBZFSLFFQUIFSJEFSDPPMBOE DPNGPSUBCMFBUBMMUJNFT*UBMTPGFBUVSFT#.8.PUPSSBEѳT/1QSPUFDUPST XIJDITFUOFXTUBOEBSETJONPUPSDZDMJOHTBGFUZ 5063"/$&46*5 $PWFS"MM46*5 Ѽ "CSBTJPOSFTJTUBOU%ZOBUFDԂXJUI BIJHIMZCSFBUIBCMFDPBUJOH Ѽ .BUFSJBMEPVCMFEJOWVMOFSBCMFBSFBT Ѽ 3FNPWBCMF/1QSPUFDUPSTGPSCBDL TIPVMEFSTIJQTBOELOFFTUXP IFJHIUQPTJUJPOT Ѽ #SFBUIBCMFXJOEBOEXBUFSQSPPG $"3&DMJNBUFNFNCSBOF Ѽ ;JQQFEPQFOJOHTPOKBDLFUBOE USPVTFSTQSPWJEFJOEJSFDUWFOUJMBUJPO Ѽ +BDLFUGFBUVSFTBSFNPWBCMF UIFSNBMJOTFSU Ѽ -BSHFSF趒FDUJWFQBOFMTPOGSPOU BOECBDLSF趒FDUJWFXFEHFTPO USPVTFSTFBNT Ѽ "EKVTUBCMFTMFFWFBOEXBJTUXJEUI Ѽ 'MFFDFJOOFSDPMMBS Ѽ 4USFUDIJOTFSUTJOKBDLFUBOEUSPVTFST Ѽ $POOFDUPS[JQDN Ѽ 8BUFSQSPPGPVUTJEFQPDLFUBUGSPOU Ѽ %FUBDIBCMFCSBDFT Ѽ $PMPVSTKBDLFUѭ/BWZ#MVF3FE USPVTFSTѭ#MBDL Ѽ 4J[FTVOJTFY 94ѭ999- Ѽ 0OFQJFDFTVJU Ѽ 5ISFFMBZFSMBNJOBUFXJUICSFBUIBCMF XBUFSBOEXJOEQSPPG$PSEVSBn PVUFSNBUFSJBM Ѽ #SFBUIBCMFXJOEBOEXBUFSQSPPG $"3&DMJNBUFNFNCSBOF Ѽ .FTIMJOJOHGPSJOOFSQPDLFUT Ѽ 3FNPWBCMF4$QSPUFDUPSTGPS TIPVMEFSTFMCPXTIJQTBOELOFFT UXPIFJHIUQPTJUJPOT Ѽ /11SP"JSCBDLQSPUFDUPSDBOCF SFUSP趑UUFEJOCBDLQSPUFDUPSQPDLFU Ѽ 8FMEFEQSPUFDUPSQPDLFUT Ѽ .nSF趒FDUJWFQSJOUPOTIPVMEFST BOECBDL Ѽ 8BUFSBOEXJOEQSPPG4UPSNn[JQT Ѽ -POHGSPOU[JQBOEUXPMFH[JQTGPS DPOWFOJFODF Ѽ "EKVTUBCMFXBJTU Ѽ 0OFXBUFSQSPPGFYUFSJPSDIFTUQPDLFU POFJOUFSJPSDIFTUQPDLFUPOFTMFFWF QPDLFUPOUIFSJHIUGPSFBSNBOEUXP USPVTFSQPDLFUT Ѽ $PMPVS#MBDL Ѽ 4J[FTVOJTFY 94ѭ999- "JS'MPX46*5 "JS'MPX46*5 Ѽ 4VNNFSTVJU Ѽ 4USFUDINBUFSJBM Ѽ "CSBTJPOSFTJTUBOU%ZOBUFDԂPVUFS Ѽ #MBDLTVJUGFBUVSFTDPMECMBDLn UFDIOPMPHZ Ѽ 4JMWFSTVJUGFBUVSFT/BOP4QIFSFn UFDIOPMPHZ Ѽ "JS5FYԂNFTITQBDFSGBCSJDGPS FYDFMMFOUBJSDJSDVMBUJPO Ѽ 3FNPWBCMF/1QSPUFDUPSTGPS TIPVMEFSTFMCPXTIJQTBOELOFFT UISFFIFJHIUQPTJUJPOT Ѽ /11SP"JSCBDLQSPUFDUPSXJUI NVMUJQMFWFOUJMBUJPOJOMFUTNBYJNJ[FT BJSDJSDVMBUJPO Ѽ ;JQQFEQSPUFDUPSQPDLFUGPSCBDL QSPUFDUPS Ѽ .nSF趒FDUJWFTUSJQTPOKBDLFUBOE USPVTFST Ѽ 5XPCVJMUJODBSSZJOHTUSBQTBMMPX KBDLFUUPCFXPSOPOCBDLMJLFB SVDLTBDLXIFOOPUJOVTF Ѽ 4UFQMFTTMZBEKVTUBCMFUSPVTFSXBJTU Ѽ +BDLFUUXPFYUFSJPSQPDLFUT POFSBEJBUJPOTIJFMEFENPCJMF QIPOFQPDLFUUXPJOOFSQPDLFUT BOEPOFMBSHF[JQQFEQPDLFUJO MPXFSCBDLBSFB Ѽ 5SPVTFSTUXP[JQQFEQPDLFUT Ѽ 8BUFSQSPPGQPVDIQPDLFU Ѽ "MMBSPVOE[JQ Ѽ $POOFDUPS[JQDN Ѽ $PMPVST#MBDL4JMWFS Ѽ 4J[FTXPNFO ѭ Ѽ 4J[FTNFO #MBDLѭѭ 4JMWFSѭ 5IF"JS'MPXTVJUJTQFSGFDUGPSLFFQJOHDPPMXIFOUIFUFNQFSBUVSFSJTFT 5IF#MBDLWFSTJPOGFBUVSFTJOUFMMJHFOUDPMECMBDLnUFDIOPMPHZXIJDIQSFWFOUT UIFNBUFSJBMPWFSIFBUJOHXIJMFUIF4JMWFSWFSTJPOGFBUVSFTB/BOP4QIFSFn DPBUJOHUPQSFWFOUUIFBDDVNVMBUJPOPGEJSU 53"*-(6"3%46*5 5IJTTVJUJTJEFBMGPSUPVSJOHBOEDPNCJOFTGSFFEPNPGNPWFNFOUWFSTBUJMJUZBOE GVODUJPOBMJUZJOBXBZUIBUPOMZBUSVFBMMSPVOEFSDBO*UGFBUVSFTUIF趑OFTUNBUFSJBMT BOEJTGVMMZBEKVTUBCMFNBLJOHJUUIFQFSGFDUNPUPSDZDMJOHDPNQBOJPOBMMZFBSSPVOE 53"*-(6"3%46*5 Ѽ *EFBMGPSUPVSJOH Ѽ 4QPSUZEZOBNJDEFTJHO Ѽ 4DIPFMMFSn%ZOBUFDԂPVUFSNBUFSJBM Ѽ %ZOBUFDԂBOE$PSEVSBn4USFUDIPGGFS NBYJNVNGSFFEPNPGNPWFNFOU XIFOSJEJOH Ѽ #VJMUJONFTIMJOJOHSFHVMBUFTCPEZ UFNQFSBUVSF Ѽ -BSHF.nSF趒FDUJWFQBOFMT Ѽ 3FNPWBCMF/1QSPUFDUPSTGPSCBDL TIPVMEFSTFMCPXTIJQTBOELOFFT UISFFIFJHIUQPTJUJPOT Ѽ 4FBMFEXJOEQSPPG[JQT Ѽ 3FUSP趑UUBCMFD@DIBOHFԂJOTFSU Ѽ "EKVTUBCMFCFMUBOE7FMDSPTUSJQT POKBDLFUXBJTUUSPVTFSXBJTUDPMMBS BOEBOLMFT Ѽ 8JEUIBEKVTUBCMFBUXSJTUT Ѽ 8JEFWBSJFUZPGQPDLFUT TPNFXBUFSQSPPG Ѽ $POOFDUPS[JQDN Ѽ $PMPVSTKBDLFUѭ#MBDL4JMWFS .PDIB$IBML USPVTFSTѭ#MBDL.PDIB Ѽ 4J[FTXPNFO ѭ Ѽ 4J[FTNFO #MBDLѭѭѭ .PDIBѭ 3"--:&46*5 3"--:&46*5 Ѽ 4QFDJBMMZEFWFMPQFEGPSPGGSPBEVTF Ѽ 0VUFSNBEFPG$PSEVSBnUIBU IBTCFFOTQFDJBMMZUSFBUFECZ #.8.PUPSSBE Ѽ +BDLFUTMFFWFTBSFEFUBDIBCMF Ѽ 5SPVTFSTGFBUVSFTUSFUDIJOTFSUT BOEMFBUIFSUSJNT Ѽ 3FJOGPSDFEJOWVMOFSBCMFBSFBT Ѽ 8JUISFNPWBCMF/1QSPUFDUPST IFJHIUBEKVTUBCMFBULOFF Ѽ 4USFUDIBCMFCSFBUIBCMFNFTIMJOJOH Ѽ 7FOUJMBUFEJOWBSJPVTQMBDFT Ѽ 'VMMZBEKVTUBCMF Ѽ #SFBUIBCMFXJOEBOEXBUFSQSPPG $"3&DMJNBUFNFNCSBOF Ѽ 3F趒FDUJWFQBOFMT Ѽ #BDLQBDLGPS5SJOL1BLESJOLJOH TZTUFN Ѽ 5XPXBUFSQSPPGPVUFSQPDLFUTPO UIFKBDLFU Ѽ $POOFDUPS[JQDN Ѽ $PMPVSTBOETJ[FT #MBDL(VOѭѭ (SFZ#MVFѭ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Ѽ "MMXFBUIFSUPVSJOHTVJUJOIZESP QIPCJDѭNNOVCVDLDPXIJEF Ѽ /BUVSBMMZCSFBUIBCMFMFBUIFSSFHVMBUFT CPEZUFNQFSBUVSFBOENPJTUVSF FYUSFNFMZFGGFDUJWFMZ Ѽ 3FNPWBCMF/1QSPUFDUPSTGPS TIPVMEFSTCBDLIJQTBOELOFFT UXPIFJHIUQPTJUJPOT DPDDZY QSPUFDUPSDBOCFSFUSP趑UUFE Ѽ 3F趒FDUJWFTUSJQTPOTIPVMEFST Ѽ "EKVTUBCMFTMFFWFTXBJTUBOE USPVTFSDVGGT Ѽ "MMBSPVOEDPOOFDUPS[JQBUXBJTU GPSKPJOJOHUIFUXPIBMWFTPGUIFTVJU UPHFUIFS Ѽ 4USFUDI[POFTGPSFOIBODFEDPNGPSU Ѽ $PMPVS"OUISBDJUF Ѽ 4J[FTXPNFO ѭ 4J[FTNFO ѭѭѭ ):%301)0#*$-&"5)&3 "USFBUNFOUXIJDISFOEFSTMFBUIFSXBUFSSFTJTUBOU #.8VTFTUIFWBUJNNFSTJPOUFDIOJRVFXJUI .4DPUDIHVBSEԂBTUIFBDUJWFBHFOU5IFCFTU SFTVMUTBSFPCUBJOFEXIFOPOMZUIFMFBUIFS趑CSFT BSFFODBQTVMBUFEBOEUIFQPSFTBSFMFGUPQFO UIFSFCZNBJOUBJOJOHCSFBUIBCJMJUZ %PVCMF346*5 5IFPOFQJFDF%PVCMF3SBDJOHTVJUJTVQUPUIFUPVHIFTUTQPSUJOHDIBMMFOHFT XIFUIFSPOUIFSPBEPSUIFSBDFUSBDL'FBUVSFTTVDIBTBCSBTJPOSFTJTUBOULBOHBSPP MFBUIFSIJHIRVBMJUZ/1QSPUFDUPSTTUVSEZLOFFBCSBTJPOQSPUFDUPSTBOEBCVJMUJO CBDLIVNQEFMJWFSGVODUJPOBMJUZBOEDPNGPSUPOFWFSZSJEFBOEJOFWFSZNBOPFVWSF "OEUIBOLTUPBTNBMM[JQGBTUFOFSPOUIFCBDLIVNQUIF/FDL#SBDF4ZTUFNDBO CFJODPSQPSBUFETFBNMFTTMZJOUPUIFTVJUJOTFDPOET 'PSGVMMQSPEVDUJOGPSNBUJPOTFFѶ%PVCMF3TVJUѷTFDUJPOPOGPMMPXJOHQBHF %PVCMF346*5 4103546*5 Ѽ 4LJOUJHIUPOFQJFDFSBDJOHTVJU #.8.PUPSSBE.PUPSTQPSUEFTJHO Ѽ )JHIMZBCSBTJPOSFTJTUBOULBOHBSPP MFBUIFSBQQSPYNNUIJDL Ѽ -BSHF%ZOBUFDԂTUSFUDIJOTFSUT Ѽ 4USFUDIMFBUIFS Ѽ #MBDLMFBUIFSXJUI5'-n$PPM UFDIOPMPHZ Ѽ /1QSPUFDUPSTJOTIPVMEFSTFMCPXT IJQTLOFFTBOECBDL Ѽ )VNQBOE[JQGBTUFOJOHGPS趑UUJOHPG #.8.PUPSSBE/FDL#SBDF4ZTUFN Ѽ 1FSGPSBUFEBSFBTPODIFTUCBDLBOE BSNTUPLFFQCPEZDPPM Ѽ *ODMVEFTXJOECMPDLJOHVOEFSTIJSU BOEIJHIRVBMJUZTVJUCBH Ѽ 1MBTUJDDPWFSFETUBJOMFTTTUFFM BCSBTJPOQSPUFDUPSTPOTIPVMEFST BOEFMCPXTIBSEQMBTUJDBCSBTJPO QSPUFDUPSTPOLOFFT Ѽ $PMPVST%PVCMF3#MVF #MVF8IJUF3FE Ѽ $PMPVST%PVCMF3#MBDL #MBDL8IJUF3FE Ѽ 4J[FTѭѭ 5IJTDPNQMFUFQBDLBHFJODMVEFTBO VOEFSTIJSUGPSSJEJOHBUMPXFSUFNQFSB UVSFTBOEBQSBDUJDBMTVJUCBHXJUI WJFXJOHXJOEPXBOEDBSSZTUSBQTGPS TUPSBHF 5IFVOEFSTIJSUTJ[FT4ѭ99- GFBUVSFT XJOECMPDLJOHNBUFSJBMBUUIFGSPOUGPS DPPMFSXFBUIFS Ѽ 5XPQJFDFTVJUJOBCSBTJPO SFTJTUBOUOBQQBDPXIJEF Ѽ /1QSPUFDUPSTGPSTIPVMEFST FMCPXTCBDLIJQTDPDDZYBOE LOFFTTUJUDIFEJO Ѽ %PVCMFTUJUDIJOHUISPVHIPVU 趒BUTUJUDIJOHJOWVMOFSBCMFBSFBT Ѽ 4UBJOMFTTTUFFMBCSBTJPOQSPUFDUPST POTIPVMEFSTBOEFMCPXT Ѽ 3FNPWBCMFQMBTUJDBCSBTJPOQSPUFD UPSTXJUIMFBUIFSDPWFSTPOLOFFT Ѽ 4QBSFQMBTUJDBCSBTJPOQSPUFDUPST BMTPBWBJMBCMFBTBQBJS Ѽ -FBUIFSTUSFUDIJOTFSUTFOTVSF NBYJNVNDPNGPSU Ѽ #FOUTMFFWFTBOELOFFTFOTVSF HPPESJEJOHQPTUVSF Ѽ "MMBSPVOEDPOOFDUPS[JQBUXBJTU GPSKPJOJOHKBDLFUBOEUSPVTFST Ѽ $PMPVS#MBDL8IJUF Ѽ 4J[FTNFO ѭѭ "UMBTUBTVJUUIBUѳTBTEZOBNJDBTZPVSSJEJOHTUZMF/1QSPUFDUPSTGPSUIFTIPVMEFST FMCPXTCBDLIJQTDPDDZYBOELOFFTPGGFSUIFMFWFMPGQSPUFDUJPOZPVѳEFYQFDUGSPN #.8.PUPSSBE"DSPTTUIFTIPVMEFSTUIFNJMMJNFUSFOBQQBDPXIJEFJTGVSUIFS SFJOGPSDFEXJUITUBJOMFTTTUFFMBCSBTJPOQSPUFDUPSTXIJMFUIFLOFFTGFBUVSFQMBTUJD BCSBTJPOQSPUFDUPSTBOEJNQBDUBCTPSCFSTBSFCVJMUJOUPUIFDPMMBSCPOFBSFB 1FSGPSBUFEMFBUIFSPOUIFDIFTUBOECBDLBOE5'-n$PPMUFDIOPMPHZFOTVSFUIF SJEFSEPFTOPUPWFSIFBUXIFOUIFBNCJFOUUFNQFSBUVSFSJTFT +"$,&54"/%53064&34 8*5):06'035)&-0/()"6- /FX$JUZ+"$,&5 Ѽ $PSEVSBnXJUICSFBUIBCMF DPBUJOH Ѽ #SFBUIBCMFXJOEBOEXBUFS QSPPGUIBOLTUPMJOJOH MBNJOBUFXJUI$"3& DMJNBUFNFNCSBOF Ѽ 5IFSNBMMJOJOHBUUBDIFT WJB[JQ Ѽ 3FNPWBCMF/1QSPUFDUPST BUTIPVMEFSTBOEFMCPXT Ѽ 1PDLFUGPSSFNPWBCMF/1 CBDLQSPUFDUPS "JS4IFMM+"$,&5 Ѽ 3F趒FDUJWFNBUFSJBMPOCBDL BOECPUITMFFWFT Ѽ 8JEUIBEKVTUBCMFBUDPMMBS XBJTUIJQTBOEXSJTUT Ѽ 'PVSFYUFSJPSQPDLFUTBOE POFXBUFSQSPPGJOUFSJPS QPDLFU Ѽ $POOFDUPS[JQDN Ѽ $PMPVS#MBDL Ѽ 4J[FTVOJTFY 4ѭ999- Ѽ "CSBTJPOSFTJTUBOUQPMZBNJEFXFCCJOH Ѽ -BSHF"JS5FYnQBOFMT Ѽ #SFBUIBCMFXJOEBOEXBUFSQSPPGUIBOLTUP $"3&DMJNBUFNFNCSBOFJOTFSU Ѽ 3FNPWBCMF/1QSPUFDUPSTBUTIPVMEFST BOEFMCPXT Ѽ 1PDLFUGPSSFUSP趑UUBCMF/1CBDLQSPUFDUPS Ѽ 3F趒FDUJWFNBUFSJBM Ѽ "EKVTUBCMFXBJTUBOEDVGGT Ѽ $POOFDUPS[JQDN Ѽ $PMPVS#MBDL/FPO Ѽ 4J[FTVOJTFY 4ѭ999- #06-%&3+"$,&5 $-6#80.&/ѳ4-&"5)&3+"$,&5 /FX Ѽ $PUUPOBOEQPMZBNJEFXJUIB XBUFSSFTJTUBOUXBYFE趑OJTI Ѽ 8JOEXBUFSQSPPGBOECSFBUIBCMF UIBOLTUPBSFNPWBCMFJOTFSUXJUI $"3&DMJNBUFNFNCSBOF Ѽ 3FNPWBCMF/1QSPUFDUPSTGPS TIPVMEFSTFMCPXTBOECBDL Ѽ "EKVTUBCMFBUDPMMBSTMFFWFTBOE XBJTU Ѽ 5XPTJEFQPDLFUTPOFCSFBTUBOE POFTMFFWFQPDLFUQMVTPOFXBUFS QSPPGQPDLFUJOJOTFSU Ѽ 3F趒FDUJWFQBOFMTPOTIPVMEFST Ѽ$POOFDUPS[JQ Ѽ$PMPVS#MBDL0MJWF Ѽ4J[FTVOJTFY 4ѭ999- $-6#.&/ѳ4-&"5)&3+"$,&5 /FX Ѽ "TIPSUDVUNPUPSDZDMJOHBOE DBTVBMMFBUIFSKBDLFUNBEFPG TPGUѭNNDPXIJEF Ѽ 6MUSBMJHIUXFJHIU4$QSPUFD UPSTGPSTIPVMEFSTBOEFMCPXT /11SP"JSCBDLQSPUFDUPSDBO CFSFUSP趑UUFE Ѽ 'JHVSFIVHHJOHDVUXJUI BEKVTUNFOUWJBUXP[JQ GBTUFOFST Ѽ 5ISFFFYUFSJPSQPDLFUTQMVT UXP[JQQFEJOTJEFQPDLFUT Ѽ -JOFEUISPVHIPVU Ѽ $POOFDUPS[JQDN Ѽ $PMPVS#MBDL8IJUF Ѽ 4J[FT94ѭ- /FX Ѽ "TIPSUDVUNPUPSDZDMJOH BOEDBTVBMMFBUIFSKBDLFU NBEFPGTPGUѭNN DPXIJEF Ѽ 6MUSBMJHIUXFJHIU4$ QSPUFDUPSTGPSTIPVMEFST BOEFMCPXT/11SP"JSCBDL QSPUFDUPSDBOCFSFUSP趑UUFE Ѽ 4MJNNBTDVMJOFDVU Ѽ 'PVSFYUFSJPSQPDLFUTQMVT UXP[JQQFEJOTJEFQPDLFUT Ѽ -JOFEUISPVHIPVU Ѽ $POOFDUPS[JQDN Ѽ $PMPVS#MBDL8IJUF Ѽ 4J[FT4ѭ999- 46..&353064&34 Ѽ "CSBTJPOSFTJTUBOU%ZOBUFDԂ XJUICSFBUIBCMFDPBUJOH Ѽ 3FNPWBCMF/1QSPUFDUPST BULOFFTUXPIFJHIUQPT JUJPOT BOEIJQT Ѽ 3FNPWBCMFMPXFSMFHT Ѽ "EKVTUBCMFBUXBJTUBOE BOLMFT Ѽ 'JWFQPDLFUT Ѽ $POOFDUPS[JQDN DPNQBUJCMFXJUIBMM #.8.PUPSSBEKBDLFUT Ѽ #FMUXJUIQSBDUJDBMDMJQ GBTUFOFS Ѽ $PMPVST,IBLJ#MBDL Ѽ 4J[FTVOJTFY 94ѭ999- $*5:%&/*.53064&34 $*5:53064&34 $304453064&34 Ѽ -JHIUXFJHIUNPUPSDZDMJOH USPVTFSTJOBCMVFKFBOTMPPL Ѽ .BEFGSPNBIJHIMZBCSBTJPO SFTJTUBOUDPNCJOBUJPOPG DPUUPOBOE$PSEVSBn Ѽ (SBEVBMMZBDRVJSFTUIFGBEFE MPPLUZQJDBMPGEFOJNKFBOT Ѽ 3FNPWBCMF/1QSPUFDUPST GPSLOFFTUXPIFJHIUQPT JUJPOT Ѽ 4VNNFSXFJHIUNPUPSDZDMJOH USPVTFST Ѽ .BEFGSPNBIJHIMZBCSBTJPO SFTJTUBOUDPNCJOBUJPOPG DPUUPOBOE$PSEVSBn Ѽ 3FNPWBCMF/1QSPUFDUPST GPSLOFFTUXPIFJHIUQPT JUJPOT Ѽ 'PVS[JQQPDLFUT Ѽ )BSEXFBSJOHUSPVTFSTGPS PGGSPBEVTF Ѽ "CSBTJPOSFTJTUBOUCSFBUI BCMFNBUFSJBMDPNCJOBUJPO Ѽ -JHIUXFJHIUNFTIXJUI QSPUFDUPSQPDLFUTGPSIJQT BOEDPDDZY Ѽ 1PMZVSFUIBOFLOFFQSPUFD UPSTPOGSPOUPGLOFFMFBUIFS USJNBUCBDL Ѽ #FMUJODMVEFE Ѽ $POOFDUPS[JQDN DPNQBUJCMFXJUIBMM #.8.PUPSSBEKBDLFUT Ѽ "EKVTUBCMFDVGG Ѽ $PMPVS*OEJHP TMJHIUMZXBTIFEPVUMPPL Ѽ 4J[FTVOJTFY 94ѭ999- Ѽ #FMUJODMVEFE Ѽ $POOFDUPS[JQDN DPNQBUJCMFXJUIBMM #.8.PUPSSBEKBDLFUT Ѽ "EKVTUBCMFDVGGT Ѽ $PMPVS(VO Ѽ 4J[FTVOJTFY 94ѭ99- Ѽ 4USFUDI[POFTGPSHSFBUFS DPNGPSUBOEGSFFEPNPG NPWFNFOU Ѽ 'JUUBJMPSFEUPBDDPNNPEBUF QSPUFDUPSTBOEMFHCSBDFT Ѽ $PMPVS(SFZ#MVFXJUI3FE IJHIMJHIUT Ѽ 4J[FTNFO 4ѭ999- #.8.05033"%#0054 (00%50(0'035)064"/%4"/%5)064"/%40'.*-&4 %PVCMF3#005 4&$63*5:&70(#005 Ѽ 3BDJOHCPPUXJUITBGFUZTIFMMUFDIOPMPHZ Ѽ 3FNPWBCMFJOOFS Ѽ *OOFSBOEPVUFSCPPUBMTPBWBJMBCMFTFQBSBUFMZ Ѽ 3FQMBDFNFOUTMJEFSTJODMVEJOHSFJOGPSDFEWFSTJPO BWBJMBCMFTFQBSBUFMZ Ѽ $PMPVS#MBDL8IJUF Ѽ 4J[FTѭ /FX *OOFS Ѽ 3JHJEBSBNJETIFMM Ѽ 'PVSMBZFSTIJOQSPUFDUPS Ѽ *NQBDUBCTPSCJOHJOTFSUJODBMGBOEIFFMBSFBT Ѽ 4UVSEZIJOHFETIBGUNFDIBOJTN Ѽ "SBNJETUSFUDI[POFGPSGSFFEPNPGNPWFNFOU Ѽ "OBUPNJDBMMZGPSNFETQIFSJDBMIFFMCFE Ѽ 5ISFFMBZFSBSBNJEXFCCJOHJOUIFWVMOFSBCMFUPFBSFB 0VUFS Ѽ )BSEXFBSJOHLBOHBSPPMFBUIFS Ѽ 1PMZVSFUIBOFSFJOGPSDFEHFBSTIJGUBSFB Ѽ 4QFDJBMOPOTMJQSBDJOHTPMFXJUISPVOEFESFDFTTFEFEHFT Ѽ &NCSPJEFSFEѶ#.8.PUPSSBEѷMFUUFSJOH 5$4n5034*0/$0/530- 4:45&. Ѽ "IJHIRVBMJUZCPPUGPSSBDJOHVTF Ѽ 4QFDJBMTZOUIFUJDMFBUIFSVQQFSNNUIJDL QFSGPSBUFEJOQMBDFT Ѽ 1FSGPSBUFECSFBUIBCMFMJOJOH Ѽ 5$4TZTUFNnLFFQTQPTJUJPOPGGPPUTUBCMF Ѽ 3FNPWBCMFTJEFDBMGBOEIFFMBCSBTJPOQSPUFDUPST Ѽ "OBUPNJDBMMZTIBQFETIJOQSPUFDUPS Ѽ "CSBTJPOSFTJTUBOUTPMF Ѽ ;JQGBTUFOJOHBOEMBSHF7FMDSPQBOFMGPSFBTZPOPGG Ѽ *OUFSJPSMBDJOHTZTUFNGPSPQUJNVN趑U Ѽ $PMPVS8IJUF#MBDL Ѽ 4J[FTѭ $0.'035"/%1305&$5*0/ 5$4nBOE.$4nBMMPXUIFGPPUUPUJMUGSPNTJEFUPTJEF MFGUIBOEJMMVTUSBUJPO BOEGPSXBSETBOECBDLXBSET SJHIUIBOEJMMVTUSBUJPO VOEFSOPSNBMDPOEJUJPOTCVU NJOJNJ[FUIFSJTLPGJOKVSZXIFOUIFGPPUJTTVCKFDUFE UPFYUSFNFQSFTTVSFT /FVUSBMQPTJUJPO )BSETIFMMTPGUDPSF 5IF4FDVSJUZ&WP(JTOPUPOFCPPUCVUUXP"OEUIF SFTVMUJTUXJDFUIFTBGFUZ5IFJOOFSIBTBIBSEBSBNJETIFMM GPSNBYJNVNTUBCJMJUZBOEQSPUFDUJPOBHBJOTUQSFTTVSFBOE JNQBDUGPSDFTXIJMFUIFPVUFSJTNBEFPGLBOHBSPPMFBUIFSѭ BNBUFSJBMUIBUPGGFSTCFUUFSBCSBTJPOQSPUFDUJPOUIBO DPXIJEFPGUIFTBNFUIJDLOFTT"OPUIFSCFOF趑UPGUIF UXPQBSUDPOTUSVDUJPOJTUIBUJUNBLFTUIF4FDVSJUZ&WP( FBTJFSUPSFQBJSJOUIFFWFOUPGBOBDDJEFOU"OEUIJTTQPSUT CPPUJTBMTPNPSFUIBOFRVBMUPUIFEFNBOETPGUSBDLSJEJOH /FVUSBMQPTJUJPO 5IJTTZTUFNDPOTJTUTPGUXPIFFMQJFDFTBOEBUXP QBSUGSBNF5IFQMBTUJDDVGGQSPUFDUTBOETUBCJMJ[FT UIFGPPUBOEMBSHFMZQSFWFOUTUIFBOLMFGSPNUXJTUJOH PSFYUFOEJOHCFZPOEJUTOBUVSBMSBOHFPGNPUJPO TJHOJ趑DBOUMZSFEVDJOHUIFSJTLPGJOKVSJFT'PSNBYJNVN DPNGPSUUIFJOEJWJEVBMDPNQPOFOUTPGUIFGSBNFDBO NPWFJOSFMBUJPOUPPOFBOPUIFSBOETPJUEPFTOPU VOOFDFTTBSJMZSFTUSJDUUIFGPPUѳTGSFFEPNPGNPWFNFOU "QBUFOUGPS5$4nJTIFMECZ/BWJHBUJPO.PUPSCJLF4QB .$4n.&5"5034"- $0/530-4:45&. .$4nXBTEFTJHOFEUPQSFWFOUJOKVSJFTUPUIF NFUBUBSTBMCPOFT5IFTZTUFNDPOTJTUTPGB SJHJEQPMZBNJEFCBTFXJUIBSPUBUJPOQPJOUMFWFM XJUIUIFBOLMFKPJOUXIJDIDPOUSPMTUIFVQBOE EPXONPWFNFOUPGUIFGPPUBOEQSFWFOUT FYDFTTJWFQSFTTVSFGSPNCFJOHFYFSUFEPOUIF NFUBUBSTBMT5IFQPTJUJPOJOHPGUIFSPUBUJPO QPJOUNBYJNJ[FTGSFFEPNPGNPWFNFOUBOE FOTVSFTBGFFMJOHPGDPOUSPMXIFONBLJOHHFBS DIBOHFT"TQFDJBMIJHITUSFOHUITUFFMJTVTFE GPSUIFTJEFBCSBTJPOQSPUFDUPST"JSWFOUT QSFWFOUUIFTFGSPNPWFSIFBUJOHXIFOTDSBQ JOHPOUIFHSPVOEBOEDIBOOFMDPPMBJSUPUIF TPMFWJBCVJMUJOWFOUJMBUJPODIBOOFMT 1MBTUJDGSBNFXJUINPWJOH QBSUT 5IFEPVCMFIFFMQJFDFJTSFJOGPSDFEXJUIDBSCPO "JS'MPX#005 3"--:&(4130#005 $*5:#005 1305063*/(#005 /FX Ѽ"IJHIRVBMJUZFOEVSPCPPU Ѽ'VMMHSBJODPXIJEFVQQFS Ѽ3FNPWBCMFTUSFUDIBCMFOFPQSFOFJOOFS Ѽ3FNPWBCMFXBTIBCMFJOTPMF Ѽ4IBGUJTXJEFFOPVHIUPBDDPNNPEBUF BMFHCSBDF Ѽ+PJOUFETIBGU Ѽ&BTZGSPOUDMPTJOHNFDIBOJTN Ѽ$PMPVS#MBDL(VO Ѽ4J[FTNFO ѭ K Ѽ5FYUJMFMFBUIFSVQQFS Ѽ"JS5FYnXFCCJOHQBOFMT Ѽ3FJOGPSDFETIJOBOEBOLMFBSFBT Ѽ3FJOGPSDFEIFFMBOEUPFDBQ Ѽ3F趌FDUJWFTUSJQPOIFFM 4"/5*"(0#005 Ѽ3FNPWBCMFBOBUPNJDBMMZTIBQFEJOTPMF Ѽ4IBGUMFOHUIBQQSPYDN Ѽ$PMPVS#MBDL Ѽ4J[FTѭ Ѽ"MJHIUXFJHIUMFBUIFSCPPUEFTJHOFEGPS VSCBOXFBS Ѽ-FBUIFSMJOJOHBOEJOTPMF Ѽ3VCCFSPVUTPMFXJUIMFBUIFSJOTFSU Ѽ&MBTUJDBUFEBSFBBSPVOETIBGUBOE[JQ GBTUFOJOH Ѽ-JHIUXFJHIUBOLMFQSPUFDUJPO Ѽ-JHIUXFJHIUSFJOGPSDFNFOUTUPTIBGU Ѽ$PMPVS#MBDL Ѽ4J[FTѭ "--306/%#005 4OFBLFS9 /FX Ѽ'VMMHSBJOIZESPQIPCJDTPGUBQQSPY ѭNNDPXIJEF Ѽ)JHIMZCSFBUIBCMFXJOEBOEXBUFSQSPPG (03&5&9nNFNCSBOF Ѽ-BSHFTIJOQSPUFDUPSXJUIBEEJUJPOBM TUJGGFOJOHBOEGPBNQBEEJOH Ѽ3FJOGPSDFEJOHFBSTIJGUBSFB ѼѭNNUPVHIIZESPQIPCJDDPX IJEF Ѽ8JOEBOEXBUFSQSPPG(03&5&9n NFNCSBOF Ѽ,FWMBSnJOTFSUT Ѽ3FNPWBCMFJOTPMF Ѽ2VJDLBMVNJOJVNGBTUFOFST XJUINFNPSZFGGFDU Ѽ4UBJOMFTTTUFFMUPFTXJUIMPHP Ѽ$PMPVS#MBDL Ѽ4J[FTѭ Ѽ.BEFGSPNBQQSPYNNMFBUIFSBOE $PSEVSBn Ѽ8BUFSUJHIUCSFBUIBCMF(03&5&9n NFNCSBOF Ѽ3F趌FDUJWFNBUFSJBMPOIFFM Ѽ4IJOBOEBOLMFBSFBTSFJOGPSDFEXJUI BOBUPNJDBMMZGPSNFEQMBTUJDBOEGPBN Ѽ3FJOGPSDFEBOLMFBOEUPFDBQ Ѽ$PMPVS#MBDL Ѽ4J[FTѭ Ѽ4PGUWFMPVSMJOJOHBSPVOEPQFOJOH Ѽ8BTIBCMFBOBUPNJDBMMZGPSNFEJOTPMF XJUIBOUJCBDUFSJBMGVODUJPO Ѽ'MFY[POFTBUIFFMBOEJOTUFQ Ѽ"CSBTJPOSFTJTUBOUIFFMQSPUFDUPS Ѽ$PMPVS#MBDL Ѽ4J[FTѭ Ѽ"OLMFIFJHIUTOFBLFSGPSNPUPSDZDMJOH BOEMFJTVSFXFBSMJHIUXFJHIUBOE CSFBUIBCMF Ѽ-FBUIFSGBCSJDNJY Ѽ#SFBUIBCMFMJOJOH Ѽ3FNPWBCMFXBTIBCMFJOTPMFXJUIBOUJ CBDUFSJBMTVSGBDFVOEFSTJEFTUSVDUVSFE GPSJNQSPWFEBJSDJSDVMBUJPO Ѽ3FJOGPSDFEJOHFBSTIJGUBSFB Ѽ4MJHIUMZSFJOGPSDFEBUBOLMFBOEUPFDBQ XJUITUSPOHFSSFJOGPSDFNFOUBUIFFM Ѽ$PMPVS#MBDL Ѽ4J[FTѭ "WBJMBCMFBTSFQMBDFNFOUQBSUT #.8.05033"%(-07&4 '03$0/530-3*()5%08/50:063'*/(&35*14 %PVCMF3(-07& "5-"/5*4(-07& Ѽ "IBSEXFBSJOHZFU趒FYJCMFTQPSUTHMPWF Ѽ LBOHBSPPMFBUIFS Ѽ 5PVHIEPVCMFETUJOHSBZMFBUIFSPOQBMNXJUI,FWMBSn VOEFSMBZ Ѽ ,FWMBSnDBSCPOTIFMMPOLOVDLMFT Ѽ 1MBTUJDTIFMMPOXSJTU Ѽ *NQBDUBCTPSCJOH4VQSPUFDnGPBNPOCBDLPGIBOE UIJDLOFTTWBSJFTCZBSFBGVODUJPO Ѽ 4USFUDIJOTFSUTGPSBNPSFDPNGPSUBCMF趑U Ѽ $PMPVST#MVF8IJUF3FE#MBDL Ѽ 4J[FT}ѭ} Ѽ#BDLTPGUTVFEFOVCVDLQBMNTNPPUIDPXIJEF Ѽ#SFBUIBCMFXJOEBOEXBUFSQSPPG(03&5&9n 953"'*5Ԃ Ѽ%PVCMFEDVGGXJUITPGUTIFMMGFBUVSJOHB (03&5&9n953"'*5ԂNFNCSBOFJOTJEF BOEIZESPQIPCJDMFBUIFSPVUTJEF Ѽ,BOHBSPPMFBUIFSUJQTPONJEEMFBOEJOEFY 趑OHFSTGPSCFUUFSHSJQ Ѽ3VCCFSWJTPSXJQFSPOMFGUJOEFY趑OHFS Ѽ-FBUIFSEPVCMJOHJOWVMOFSBCMFBSFBT Ѽ#BDLTQBEEFEXJUI4VQSPUFDnGPBN Ѽ4QFDJBMTUJUDIJOHFOTVSFTOPQSFTTVSFQPJOUTPO 趑OHFST Ѽ$PMPVS"OUISBDJUF Ѽ4J[FT}ѭ} /FX $3044(-07& Ѽ4QFDJ趑DBMMZEFTJHOFEGPSPGGSPBEVTF Ѽ$PNCJOBUJPOPGGBCSJDBOE$MBSJOPn Ѽ7FOUJMBUJPOIPMFTBOETJMJDPOFDPBUJOH POQBMN Ѽ&MBTUJDBUFECBDLGPSGSFFEPNPG NPWFNFOU K Ѽ"XBUFSQSPPGUPVSJOHHMPWF Ѽ-FBUIFSUFYUJMFPVUFS Ѽ8JOEBOEXBUFSQSPPG$"3& DMJNBUFNFNCSBOF Ѽ-FBUIFS趑OHFST Ѽ$PSEVSBnLOVDLMFTXJUI4VQSPUFDn GPBNVOEFSMBZ Ѽ%PVCMFEMFBUIFSJOWVMOFSBCMFBSFBT PGUIFQBMN Ѽ(FMQBETPOQBMNBOEUIVNCBSFB Ѽ,OVDLMFBOE趑OHFSQBET Ѽ4J[FT4ѭ999- Ѽ"OVOMJOFETVNNFSHMPWFTQFDJ趑DBMMZ EFTJHOFEGPSPGGSPBESJEJOH Ѽ#BDLPGIBOEGFBUVSFTBTUSFUDIBCMF DPNCJOBUJPOPGNBUFSJBMT Ѽ)BSEXFBSJOHLBOHBSPPMFBUIFSQBMN Ѽ1SPUFDUPSTBOEGPBNQBEEJOHPOCBDL PGIBOE "--306/%(-07& Ѽ#BMMPGUIVNCSFJOGPSDFEXJUI ,FQSPUFDn Ѽ3VCCFSWJTPSXJQFSPOGPSF趑OHFS Ѽ-JHIURVJMUJOH Ѽ-POHSF趒FDUJWFTUSJQT ѼѶ#.8ѷMFUUFSJOHPO7FMDSPGBTUFOFS Ѽ$PMPVS#MBDL Ѽ4J[FT}ѭ} 13041035 (-07& 3"--:&(-07& Ѽ4VQFS'BCSJDnJOWVMOFSBCMFBSFBT Ѽ7FOUJMBUJPOCFUXFFO趑OHFST Ѽ4IPSUOFPQSFOFDVGGXJUI7FMDSP GBTUFOJOH Ѽ$PMPVST#MBDL(VO(SFZ#MVF Ѽ4J[FT}ѭ} Ѽ"MJHIUXFJHIUTQPSUHMPWF Ѽ5PVHIѭNNDPXIJEF Ѽ5PVHIFOFETIFMMXJUIQSPUFDUJWF GPBNVOEFSMBZ Ѽ1SPUFDUJWFGPBNBOEEPVCMFEMFBUIFS POVOMJOFEQBMN Ѽ4PGUJOTVMBUJOHNJDSP趑CSFMJOJOHQMVT BOBMVNJOJVNMBZFS Ѽ'JOHFSDVSWFEGPSXBSETGPSPQUJNVN趑U Ѽ-POHDVGG Ѽ-BSHFSF趒FDUJWFTUSJQ Ѽ7JTPSXJQFSPOUIFUIVNC Ѽ$PMPVS#MBDL Ѽ4J[FT}ѭ} Ѽ"MJHIUXFJHIUUPVSJOHHMPWF Ѽ$PNCJOBUJPOPGGBCSJDBOEHPBUMFBUIFS Ѽ)JHIMZCSFBUIBCMFXJOEBOEXBUFSQSPPG (03&5&9n953"'*5ԂNFNCSBOF Ѽ&YDFMMFOUDSFBTFGSFF趑UBOEHPPEHSJQ Ѽ4QFDJBM趑UGPSXPNFOѳTIBOE Ѽ$PMPVS#MBDL Ѽ4J[FTXPNFO }} 4J[FTNFO }ѭ} "JS'MPX (-07& 1308*/5&3 (-07& Ѽ"XJOUFSHMPWFXJUIFYDFMMFOUUIFSNBM JOTVMBUJPO Ѽ1BMNNBEFGSPNIZESPQIPCJDHPBU MFBUIFSEPVCMFEJOTPNFBSFBT Ѽ4JMJDPOFDPBUJOHPOQBMNLOVDLMFT BOE趑OHFSUJQT Ѽ)JHIMZCSFBUIBCMFXJOEBOEXBUFSQSPPG (03&5&9nNFNCSBOF Ѽ$VGGXJUIQSPUFDUPSQBEEJOHBOE SF趒FDUJWFTUSJQT Ѽ1FSGPSBUJPOTCFUXFFO趑OHFST GPSWFOUJMBUJPO Ѽ$PMPVS#MBDLXJUI(SFZQBMN Ѽ4J[FT}ѭ} 13046..&3 (-07& Ѽ"MJHIUXFJHIUTVNNFSHMPWFGPS UFNQFSBUVSFTBCPWFp$ Ѽ1JUUBSETMFBUIFSBOE"JS5FYnNFTI Ѽ1FSGPSBUJPOTCFUXFFO趑OHFST Ѽ$PSEVSBn4USFUDIXJUIGPBNVOEFSMBZ PO趑OHFSTBOELOVDLMFTGPSNBYJNVN DPNGPSU Ѽ6OMJOFEQBMNGPSCFUUFSHSJQ Ѽ.BUFSJBMEPVCMFEBUCBMMPGUIVNC FEHFPGIBOEBOEMJUUMF趑OHFS Ѽ4USFUDI$PSEVSBnUIVNCXJUI$MBSJOPn MFBUIFSWJTPSXJQFS Ѽ4IPSUOFPQSFOFDVGGGPSCFUUFS趑U Ѽ-FBUIFSTUSBQUPBEKVTUXJEUIBUXSJTUT Ѽ$PMPVS#MBDL4JMWFS Ѽ4J[FT}ѭ} 4*-,6/%&3(-07& Ѽ5PCFXPSOVOEFSNPUPSDZDMJOHHMPWFT JOFBSMZTQSJOHMBUFBVUVNO Ѽ1VSFTJML Ѽ$PMPVS#MBDL Ѽ4J[FTѭ #.8.05033"%'6/$5*0/"-$-05)*/( 505"-$0.'035'03)06340/&/% 4)035'6/$5*0/"-6/%&38&"3 Ѽ 4LJOMJGFQPMZBNJEF FMBTUBOF Ѽ 5TIJSUBOETIPSUTGPS TVNNFSXFBS Ѽ 4PGUDPPMBOEWFSZQMFBTBOU UPXFBS Ѽ #SFBUIBCMF Ѽ "OUJCBDUFSJBMFWFOBGUFS SFQFBUFEXBTIJOH Ѽ 'BTUESZJOH Ѽ .PUPSDZDMJOH趑U Ѽ $PMPVS%BSL#MVF Ѽ 4J[FTVOJTFY 4ѭ99- 1$.'6/$5*0/"6/%&346*5 -0/('6/$5*0/"- 6/%&38&"3 "*37"/5"(�%:8"3.&3 8*/%#3&",&3+"$,&5 Ѽ5XPQJFDFVOEFSTVJU Ѽ.BOEBSJODPMMBSNBEFGSPN趒FFDZ UIFSNBM1PXFSTUSFUDINBUFSJBM Ѽ1PXFSTUSFUDIPVUFS Ѽ1IBTF$IBOHF.BUFSJBM TDIPFMMFSn1$.Ԃ GPSDIFTU VQQFSBSNLJEOFZBSFBUIJHIT BOELOFFT Ѽ#SFBUIBCMFUFNQFSBUVSFSFHVMBUJOH BOERVJDLESZJOH Ѽ%FTJHOFEGPSUFNQFSBUVSFTCFUXFFO p$BOEp$ Ѽ1IBTF$IBOHF.BUFSJBMCFDPNFT TPGUXIFOXPSO Ѽ"MTPJEFBMGPSTLJJOHKPHHJOH IJLJOHFUD Ѽ$PMPVS#MBDLXJUIDPOUSBTUJOH (SFFOTUJUDIJOH Ѽ4J[FT4ѭ99- Ѽ4LJOMJGFQPMZBNJEF FMBTUBOF Ѽ4PGUDPPMBOEWFSZQMFBTBOU UPXFBS Ѽ#SFBUIBCMF Ѽ"OUJCBDUFSJBMFWFOBGUFS SFQFBUFEXBTIJOH Ѽ5ISFFRVBSUFSMFOHUIUSPVTFST Ѽ'BTUESZJOH Ѽ.PUPSDZDMJOH趑U Ѽ$PMPVS%BSL#MVF Ѽ4J[FTVOJTFY 4ѭ99- 5)&3."- 6/%&38&"3 Ѽ (03&5&9n1FSGPSNBODF4IFMMXJUI"JSWBOUBHFnJOTVMBUJPO UFDIOPMPHZNBLFTJUFYUSFNFMZDPNGPSUBCMFUPXFBS Ѽ *O趒BUJPOEF趒BUJPOPGBJSDIBNCFSTBMMPXTUIFMFWFMPGJOTVMBUJPO UPCFDPOUSPMMFE Ѽ $PMPVS#MBDL Ѽ 4J[FT4ѭ99- ѼCJPBDUJWFQPMZFTUFS 4LJOMJGFQPMZBNJEF FMBTUBOF Ѽ5IJDLFSLOJUGPSFYUSBXBSNUI JOFYQPTFEBSFBT Ѽ7FSZQMFBTBOUUPXFBS Ѽ#SFBUIBCMF Ѽ"OUJCBDUFSJBMFWFOBGUFS SFQFBUFEXBTIJOH Ѽ5IVNCMPPQTPODVGGT Ѽ.PUPSDZDMJOH趑U Ѽ$PMPVS%BSL#MVF#MBDL Ѽ4J[FTVOJTFY 4ѭ99- Ѽ )JHIRVBMJUZQPMZFTUFSXJOECSFBLFS NBUFSJBM Ѽ 5ISFFMBZFSMBNJOBUFXJUIGVODUJPOBM 16NFNCSBOF Ѽ 8JOEQSPPGXBUFSSFTJTUBOU BOECSFBUIBCMF Ѽ 4MJNDVUKBDLFU Ѽ -POHFSCBDLTFDUJPO Ѽ 8BSN趒FFDFMJOJOH Ѽ 'VMMMFOHUIGSPOU[JQ Ѽ 5BQFETFBNTBSF趒BUBOE XBUFSQSPPG Ѽ 5XP[JQQFEQPDLFUT XJUINFTIMJOJOHT Ѽ "MTPTVJUBCMFGPSPUIFSMFJTVSF BDUJWJUJFT Ѽ $PMPVS#MBDL Ѽ 4J[FTXPNFO 94ѭ4 4J[FTVOJTFY .ѭ999- 1$.'6/$5*0/+"$,&5 %06#-&'"$&.&/ѳ4 '-&&$&+"$,&5 %06#-&'"$&80.&/ѳ4 '-&&$&+"$,&5 /FX Ѽ 1IBTF$IBOHF.BUFSJBM TDIPFMMFSn1$.Ԃ BDUJWFMZFRVBMJ[FT UFNQFSBUVSFEJGGFSFODFTGPSNBYJNVN DPNGPSU Ѽ +BDLFUTMFFWFTBSFEFUBDIBCMF Ѽ $PMPVS#MBDL Ѽ 4J[FTVOJTFY 4ѭ999Ѽ 5XP[JQQFETJEFQPDLFUTXJUINFTI MJOJOH Ѽ"GVODUJPOBM趒FFDFKBDLFUXJUIB IJHIRVBMJUZEPVCMFGBDFEFTJHO Ѽ4PGUNJDSP趒FFDFFYUFSJPSGPSPQUJNVN JOTVMBUJPOBHBJOTUDPME Ѽ)JHIQFSGPSNBODFQPMZFTUFSJOOFS CSFBUIBCMFUFNQFSBUVSFSFHVMBUJOH NPJTUVSFXJDLJOHBOEGBTUESZJOH Ѽ8JOECSFBLFSNBUFSJBMXJUIXJOEQSPPG NFNCSBOFJODIFTUBSFB Ѽ4PGUDPWFSGPS[JQGBTUFOFSJOUISPBUBSFB Ѽ-POHFSBUCBDLTMFFWFDVGGTMPOHFSPWFS CBDLPGIBOE Ѽ)JHITOVH趑UUJOHNBOEBSJODPMMBS Ѽ5XP[JQQFETJEFQPDLFUTXJUINFTI MJOJOH Ѽ$PMPVS0GG8IJUF Ѽ4J[FT94ѭ99- /FX Ѽ"GVODUJPOBM趒FFDFKBDLFUXJUIB IJHIRVBMJUZEPVCMFGBDFEFTJHO Ѽ4PGUNJDSP趒FFDFFYUFSJPSGPSPQUJNVN JOTVMBUJPOBHBJOTUDPME Ѽ)JHIQFSGPSNBODFQPMZFTUFSJOOFS CSFBUIBCMFUFNQFSBUVSFSFHVMBUJOH NPJTUVSFXJDLJOHBOEGBTUESZJOH Ѽ8JOECSFBLFSNBUFSJBMXJUIXJOEQSPPG NFNCSBOFJODIFTUBSFB Ѽ4PGUDPWFSGPS[JQGBTUFOFSJOUISPBUBSFB Ѽ-POHFSBUCBDLTMFFWFDVGGTMPOHFSPWFS CBDLPGIBOE Ѽ)JHITOVH趑UUJOHNBOEBSJODPMMBS Ѽ$PMPVS#VOHFF$PSE Ѽ4J[FT4ѭ999- 13&.*6. ,*%/&:#&-5 #"4*$ ,*%/&:#&-5 4*-,4503.)00% 46..&34503.)00% /FX /FX Ѽ#BTJDCFMUXJUIUISFFBEEJUJPOBM FMFNFOUTGPSEJGGFSFOUQVSQPTFT Ѽ4DIPFMMFSn1IBTF$IBOHFQSPUFDUT BHBJOTUDPME Ѽ8*/%45011&3nNFNCSBOF QSFWFOUTIFBUMPTT Ѽ1SPUFDUPSFMFNFOU Ѽ$PMPVS#MBDL Ѽ4J[FTVOJTFY 4ѭ9- ):%3040$,'6/$5*0/"-450$,*/( Ѽ.BEFGSPNIJHIRVBMJUZTUSFUDINBUFSJBM OFPQSFOFGBCSJDWFMDSP Ѽ$VUGPSBTOVH趋U ѼѶ#.8.PUPSSBEѷMFUUFSJOHBUCBDL Ѽ$PMPVS#MBDL Ѽ4J[FTVOJTFY 4ѭ9- Ѽ-JHIUXFJHIUTUPSNIPPEGPS TVNNFSVTF ѼIJHIHSBEFTJML UFNQFSBUVSFSFHVMBUJOH Ѽ'MBUTUJUDIJOHQSFWFOUTDIB趋OH Ѽ$PMPVS#MBDL Ѽ4J[FT.BOE- Ѽ%FTJHOFEGPSVTFJOTVNNFSBOE MBUFTQSJOHFBSMZBVUVNO Ѽ8JUIBOUJNJDSPCJBMVMUSBGSFTIn USFBUNFOU Ѽ/PTUJUDIJOH /&$,8"3.&3 4*-7&3'6/$5*0/40$,4"/%450$,*/(4 Ѽ#SFBUIBCMFBOEUFNQFSBUVSFSFHVMBUJOH Ѽ$PMPVS#MBDL Ѽ4J[FT.BOE- 8*/%#3&",&34503.)00% /FX /FX /FX Ѽ"XBUFSQSPPGGVODUJPOBMTUPDLJOH Ѽ&SHPOPNJDBMMZEFTJHOFEGPSFOEVSP PGGSPBESJEJOH Ѽ5ISFFMBZFSMBNJOBUFPGCBNCPP趋CSF QPMZFTUFSBOE4QBOEFYXJUIBXJOE BOEXBUFSQSPPG$"3&DMJNBUF NFNCSBOF Ѽ8BSNPEPVSOFVUSBMJ[JOHBOE NPJTUVSFSFHVMBUJOH Ѽ3FJOGPSDFETPMF Ѽ$PMPVS%BSL(SFZ Ѽ4J[FTѭ Ѽ4JMWFSUSFBUNFOUHJWFTMBTUJOH BOUJNJDSPCJBMFGGFDU Ѽ1BEEFETIJGUBSFB Ѽ,OJUUFEJOWFOUJMBUJPODIBOOFMT GPSJNQSPWFEBJSDJSDVMBUJPO Ѽ$PMPVS"OUISBDJUF#MBDL Ѽ4J[FTVOJTFY ѭ Ѽ)JHIRVBMJUZNJDSP趌FFDFXJUIXJOECSFBLFSNFNCSBOF UISFFMBZFSMBNJOBUF Ѽ&GGFDUJWFQSPUFDUJPOBHBJOTUXJOEGPSOFDLBOEVQQFSDIFTU Ѽ8PSLTXFMMJODPNCJOBUJPOXJUITUPSNIPPET Ѽ"MTPTVJUBCMFGPSTLJJOHKPHHJOHIJLJOHFUD Ѽ$PMPVS#MBDLXJUI#MVFMJOJOH Ѽ4J[FT4ѭ- Ѽ4VJUBCMFGPSMPXUFNQFSBUVSFT Ѽ)JHIRVBMJUZQPMZFTUFS趌FFDF XJUIXJOECSFBLFSNFNCSBOF UISFFMBZFSMBNJOBUF Ѽ1PXFSTUSFUDINBUFSJBMJODSPXOBSFB Ѽ&YDFMMFOUQSPUFDUJPOBHBJOTUXJOEGPS OFDLBOEVQQFSDIFTU Ѽ'MBUTUJUDIJOH Ѽ#SFBUIBCMFBOEUFNQFSBUVSFSFHVMBUJOH Ѽ$PMPVS#MBDLXJUI#MVFMJOJOH Ѽ4J[FT4ѭ- '6/$5*0/ .&/ѳ480.&/ѳ44)*35 '6/$5*0/ .&/ѳ480.&/ѳ454)*35 /FX Ѽ )JHIQFSGPSNBODFCMFOEPGQPMZFTUFSBOE$PDPOBn Ѽ "DUJWBUFEDBSCPO趑CSFFYDFMMFOUNPJTUVSFXJDLJOH BOUJCBDUFSJBMBOEPEPVSOFVUSBMJ[JOHFGGFDU Ѽ 41'67QSPUFDUJPO Ѽ 8PNFOѳTTIJSUTMJHIUMZ趑UUFENFOѳTTIJSUTUSBJHIUDVU Ѽ $PMPVS#VOHFF$PSE Ѽ 4J[FTXPNFO 94ѭ99- Ѽ 4J[FTNFO 4ѭ999- $3044-0/(4-&&7&%+&34&: /FX Ѽ )JHIQFSGPSNBODFCMFOEPGQPMZFTUFSBOE$PDPOBn Ѽ "DUJWBUFEDBSCPO趑CSFFYDFMMFOUNPJTUVSFXJDLJOH BOUJCBDUFSJBMBOEPEPVSOFVUSBMJ[JOHFGGFDU Ѽ 41'67QSPUFDUJPO Ѽ 8PNFOѳTTIJSUTMJHIUMZ趑UUFENFOѳTTIJSUTUSBJHIUDVU Ѽ $PMPVST0SBOHF1PQXPNFO 0SBOHFNFO Ѽ 4J[FTXPNFO 94ѭ99Ѽ4J[FTNFO 4ѭ999- Ѽ .BEFPGMJHIUXFJHIUGBTUESZJOHQPMZFTUFS Ѽ .FTIQBOFMTJOOFDLTIPVMEFSBOEVOEFSBSNBSFBT Ѽ %FTJHOFEGPSPQUJNVN趑UXJUIQSPUFDUPSKBDLFU CSFBTUQMBUFBOEOFDLCSBDF Ѽ $PMPVS(SFZ#MVFXJUI3FEIJHIMJHIUT Ѽ 4J[FTNFO 4ѭ999- /FX 4#"/%"/" ѼDPUUPO Ѽ*OUSJDBUFNVMUJDPMPVSQSJOU Ѽ$PMPVS#MBDL Ѽ4J[FYDN #.8.05033"%#"/%"/" #.8.05033"%&"4:56#& ѼDPUUPO Ѽ*OUSJDBUFQSJOUXJUIѶ#.8.PUPSSBEѷMFUUFSJOH Ѽ$PMPVS#MVF Ѽ4J[FYDN /FX (4&"4:56#& Ѽ4PGUTUSFUDIBCMFQPMZFTUFS Ѽ$BOCFXPSOJOWBSJPVTXBZTTDBSG GBDFQSPUFDUJPOIFBECBOEFUD Ѽ$PMPVST3FE#MVF Ѽ4USFUDIBCMFNBUFSJBMXJUIOPTFBNT Ѽ$BOCFXPSOJOWBSJPVTXBZTTDBSG GBDFQSPUFDUJPOIFBECBOEFUD Ѽ$PMPVS0MJWF /FX ):%3"%3*/,106$) (4#"/%"/" ѼDPUUPO Ѽ*OUSJDBUFQSJOUXJUIѶ(4ѷMFUUFSJOH Ѽ$PMPVS(SFZ#MVF Ѽ4J[FYDN )&3*5"(&#"/%"/" ѼDPUUPO Ѽ*OUSJDBUFSFUSPMPPLQSJOU Ѽ$PMPVS(SFZXJUI#PSEFBVYFEHF Ѽ4J[FYDN #3"$&4 Ѽ$BOCFBUUBDIFEUPUSPVTFSTCZMPPQT CVUUPOTPSDMJQT Ѽ-FBUIFSJOMBZJOCBDLBSFB Ѽ4UFQMFTTMZBEKVTUBCMF Ѽ$PMPVS#MBDL Ѽ"OHMFEQVTIQVMMNPVUIQJFDFDBO Ѽ)JHIMZWFSTBUJMFESJOLJOHTZTUFN CFPQFOFEXJUIUFFUI Ѽ.BEFGSPNUSBOTQBSFOUNPVME Ѽ.PVUIQJFDFGFBUVSFTBTJMJDPOF SFTJTUBOUPEPVSOFVUSBMQPMZVSFUIBOF FBTZ趒PXUJQXIFOUIFNPVUIQJFDF Ѽ3FTFSWPJSGFBUVSFTXJEFPQFOJOH JTJOUIFPQFOQPTJUJPOSJEFSTDBO GPSFBTZ趑MMJOHBOEDMFBOJOH TUBSUUIF趒PXPGMJRVJETJNQMZCZCJUJOH Ѽ5VCFQMVHTTUSBJHIUJOUPSFTFSWPJSPVU HFOUMZPOUIFNPVUIQJFDF 趒PXWBMWFPOMZBMMPXTMJRVJEPVUXJUI UVCFDPOOFDUFETPOPSJTLPGTQMBTIJOH Ѽ$BQBDJUZMJUSFT XIFODPOOFDUJOHUIFUVCF Ѽ4FDVSFTMJEFGBTUFOFSTUBZTUJHIUMZ TFBMFEFWFOVOEFSDPOTJEFSBCMFTUSBJO 1303"*/3"*/46*5 3"*/-0$,3"*/46*5 Ѽ 0OFQJFDFXFUXFBUIFSPWFSTVJU Ѽ OZMPOTUSFUDIMBNJOBUF Ѽ -POHEJBHPOBMGSPOU[JQBOEMPOH TJEF[JQTPOMFHTGPSFBTZPOPGG Ѽ 8BUFSQSPPGFYUFSOBMQPDLFU Ѽ 1BDLTVQWFSZTNBMM Ѽ )FBUSFTJTUBOU/PNFYnNBUFSJBM BSPVOEJOOFSMFHBSFBT Ѽ "OUJTMJQNBUFSJBMJOTFBUBSFB Ѽ -BSHFSF趒FDUJWFBSFBT Ѽ $PMPVS:FMMPX Ѽ 4J[FTVOJTFY 4ѭ999- Ѽ 5XPQJFDFXFUXFBUIFSPWFSTVJU Ѽ MBZFSOZMPOMBNJOBUF Ѽ +BDLFUGFBUVSFTCVJMUJOIPPE Ѽ -POHMFH[JQGPSFBTZPOPGG Ѽ 5XPXBUFSQSPPGGSPOUQPDLFUT Ѽ /POTMJQNBUFSJBMJOTFBUBSFB Ѽ 1BDLTVQWFSZTNBMM Ѽ )FBUSFTJTUBOU/PNFYnNBUFSJBM BSPVOEJOOFSMFHBSFBT Ѽ $PMPVS3FE(SFZ Ѽ 4J[FTVOJTFY 4ѭ999- $)004&:06308/$36.1-&;0/&4 /1QSPUFDUPSTGSPN#.8.PUPSSBE 5IFMPXFSUIFSFTJEVBMGPSDFUSBOTNJUUFEUPUIFCPEZ UIFNPSFFGGFDUJWFUIFQSPUFDUPSJT*OPUIFSXPSET BHPPEQSPUFDUPSTIPVMEBCTPSCBTNVDIBTQPTTJCMF PGUIFJNQBDUFOFSHZBOEUIFOSFMFBTFJUHSBEVBMMZ TPUIFMFWFMPGGPSDFUPXIJDIUIFXFBSFSJTTVCKFDUFE EPFTOPUTQJLF/1QSPUFDUPSTGSPN#.8.PUPSSBE EPUIJTCFUXFFOBOENPSFFGGFDUJWFMZ UIBODPNQFUJUPSQSPEVDUT 5)&$&45"/%"3% "$0/4*45&/5#&/$)."3, '03&7&3:0/& 5IF$&TUBOEBSEJTB&VSPQFBOOPSNUIBUBQQMJFT UPBMMKPJOUBOECBDLQSPUFDUPST*USFQSFTFOUTBHPPE CBMBODFCFUXFFOQSPUFDUJPODPNGPSUBOEFSHPOPNJD DPOTJEFSBUJPOT.PTUQSPUFDUPSTPOUIFNBSLFUBSF EFTJHOFEUPXJUITUBOEUIFNBYJNVNGPSDFTTQFDJ趑FE JOUIF$&TUBOEBSEѭIPXFWFSUIJTPGUFONFBOTUIBU JOUIFNVDINPSFDPNNPODBTFPGJNQBDUTXJUI MPXFSLJOFUJDFOFSHZUIFGPSDFPGUIFDPMMJTJPOJTUSBOT NJUUFEJOJUTFOUJSFUZUPUIFXFBSFS#.8.PUPSSBE QSPUFDUPSTDPNGPSUBCMZPVUQFSGPSNUIFSFRVJSFNFOUT PGUIF$&TUBOEBSEUIFSFTJEVBMGPSDFUIBUSFBDIFT UIFCPEZJTCFUXFFOBOEL/GPSKPJOUQSPUFD UPSTBOECFUXFFOBOEL/GPSCBDLQSPUFDUPST UIFMPXFTU趑HVSFTPGBOZTZTUFNPOUIFNBSLFU #BDLQSPUFDUPSTNVTUBMTPJOEJDBUFUIFEFHSFFPG QSPUFDUJPOUIBUUIFZQSPWJEFQFSGPSNBODFMFWFMPS 5IF#.8.PUPSSBETMFFWFMFTTQSPUFDUPSKBDLFU TFFQBHFGPSEFUBJMT BOE/1CBDLQSPUFDUPSBSF BNPOHUIFGFXQSPEVDUTPOUIFNBSLFUUIBUGVM趑MUIF NVDITUSJDUFSQFSGPSNBODFMFWFMDSJUFSJB5IFNBJO NFBTVSFNFOUVTFEUPEFUFSNJOFUIF趑UPGBCBDL QSPUFDUPSJTUIFEJTUBODFGSPNIJQUPTIPVMEFSBOE UIJTUPPTIPVMEBQQFBSPOUIFQSPUFDUPS'PSFYBNQMF GPSBѶMBSHFѷCBDLQSPUFDUPSUIJTEJTUBODFTIPVMECF BUMFBTUDFOUJNFUSFT)PXFWFSDPNGPSUJTOPUKVTU BCPVUHFUUJOHUIFSJHIUTJ[FJUѳTBMTPBCPVUBEKVTUBCJM JUZBOEUJHIUOFTTPG趑U"OEDPNGPSUJTBOJNQPSUBOU TBGFUZGFBUVSFJOJUTFMGѭCFDBVTFJUBMMPXTSJEFSTUP DPODFOUSBUFPOUIFSPBEXIJDIJTQBSUJDVMBSMZJNQPSU BOUJODSJUJDBMTJUVBUJPOT "/%"/05)&35)*/( 4UBSUPGJNQBDU 3FTJEVBMGPSDFL/ 8)"5.",&4 "(00%1305&$503 5)&4-&&7&-&44 1305&$503+"$,&5 '30.#.8.05033"% 3FTJEVBMGPSDFL/ #.8.PUPSSBEIBTXPSLFEXJUITQFDJBMJTUTJOCJP NFDIBOJDTNFEJDJOFBOEBDDJEFOUSFTFBSDIUPEF WFMPQBOFXBOEFWFOTBGFSHFOFSBUJPOPGQSPUFDUPST %FTQJUFCFJOHFYUSFNFMZTPGU趒FYJCMFBOEJODPO TQJDVPVTUIFZQSPWJEFBMFWFMPGQSPUFDUJPOUIBUѳT TFDPOEUPOPOFBCTPSCJOHUIFJNQBDUCZNPVMEJOH UIFNTFMWFTUPWVMOFSBCMFQBSUTPGUIFCPEZBOEBMTP QSPWJEJOHTJHOJ趑DBOUMZCFUUFSDPWFSBHFPGUIFKPJOUT DPNCJOJOHBDUJWFTBGFUZXJUIMVYVSJPVTDPNGPSU #.8.PUPSSBE /1QSPUFDUPS &14QSPUFDUPS 5IF#.8.PUPSSBETMFFWFMFTTQSPUFDUPSKBDLFUJT UIFPOMZDFSUJ趑FECBDLQSPUFDUPSDVSSFOUMZBWBJMBCMF UIBUBMTPQSPUFDUTUIFDPMMBSCPOF 5)&/&$,#3"$&4:45&. 6QVOUJMOPXFWFOUIFCFTUNPUPSDZDMJOHFRVJQNFOU IBTMFGUUIFUPQPGUIFCBDLBOEOFDLVOQSPUFDUFE 5IFOFDLCSBDFTZTUFN趑OBMMZSFNFEJFTUIJTEFWFM PQFECZ#.8.PUPSSBEBOE,5.JODPOKVODUJPO XJUIBUFBNPGFYQFSUTJOUIF趑FMETPGCJPNFDIBOJDT TVSHFSZBOENPUPSDZDMJOHBDDJEFOUTUIFTZTUFN NJOJNJ[FTUIFSJTLPGEBNBHFBSPVOEUIFOFDLUIF DFSWJDBMWFSUFCSBFBOEUIFDPMMBSCPOF*UJTCVJMUPG DBSCPO,FWMBSnHMBTT趑CSFSFJOGPSDFEQMBTUJDBOE GPBNQBEEJOHBOEDMPTFTTFDVSFMZBSPVOEUIFOFDL MJLFBDPMMBS5IFSFJTOPMPTTPGGSFFEPNPGNPWF NFOUBOEUIFSJEFSCFDPNFTBDDVTUPNFEUPUIF OFXFRVJQNFOUJOBNBUUFSPGNJOVUFT #.8.PUPSSBE TMFFWFMFTTQSPUFDUPSKBDLFU 5IFOFX/1QSPUFDUPSTTQSFBEUIFBCTPSQUJPO PGUIFJNQBDUPWFSBMPOHFSQFSJPEUPBWPJEQFBLT JOUIFSFTJEVBMGPSDF "MMQSPUFDUPSQSPEVDUTNVTUCZMBXCFMBCFMMFEXJUI UIFJSTJ[FBOEUIFTUBOEBSEUIFZDPNQMZXJUI /&$,#3"$&4:45&. $BSCPO/FDL#SBDF4ZTUFN "SFWPMVUJPOJOQSPUFDUJWFDMPUIJOH5IF#.8.PUPSSBE/FDL#SBDF4ZTUFN TJHOJ趑DBOUMZSFEVDFTUIFSJTLPGJOKVSJFTUPUIFDFSWJDBMWFSUFCSBFZFUBUUIF TBNFUJNFJTTVSQSJTJOHMZMJHIUBOETUJMMPGGFSTSJEFSTDPOTJEFSBCMFGSFFEPNPG NPWFNFOU*UDBOCFXPSOPWFSBKBDLFUPSTIJSUBOEJTWFSZFBTZUPQVUPO /&$,#3"$&4:45&. Ѽ $BSCPO/FDL#SBDF4ZTUFNPVUFS MBZFSNBEFGSPNBDBSCPO,FWMBSn MBNJOBUFJOOFSMBZFSNBEFGSPN HMBTT趑CSFSFJOGPSDFEQMBTUJDXFJHIT KVTUHSBNT Ѽ 'VODUJPO/FDL#SBDF4ZTUFN NBEFFOUJSFMZPVUPGHMBTT趑CSF SFJOGPSDFEQMBTUJD Ѽ 'PBNQBEEFEXJUISFNPWBCMF GBCSJDTMJQDBTF Ѽ 4VJUBCMFGPSVTFXJUIBMMDPNNPO IFMNFUTBOENPUPSDZDMJOHDMPUIJOH Ѽ 4J[FBEKVTUBCMF Ѽ %PFTOPUSFTUSJDUGSFFEPNPG NPWFNFOU Ѽ 4VJUBCMFGPSUSBDLPGGSPBEBOE FWFSZEBZVTF Ѽ 2VJDLSFMFBTFGBTUFOJOHTGPS FBTZPOPGG Ѽ $PMPVS"OUISBDJUF$BSCPO Ѽ 4J[FDIJMESFO 4 4J[FBEVMUT . 5IF/FDL#SBDF4ZTUFNTUPQTEBOHFSPVTNPWF NFOUPGUIFOFDLJOBDPOUSPMMFEXBZCPUIJOTQPSUT SJEJOHBOEPOUIFSPBE5IFFOFSHZPGBOJNQBDU JTFGGFDUJWFMZEJTTJQBUFEBXBZGSPNUIFOFDLUPUIF VQQFSCPEZ Ѽ 5IFMJLFMJIPPEPGXIJQMBTIJOKVSJFTDBVTFECZ CFOEJOHPGUIFOFDLCFZPOEJUTOPSNBMSBOHFPG NPUJPOUPUIFGSPOUIZQFS趒FYJPO CBDLIZQFS FYUFOTJPO PSTJEFMBUFSBMIZQFS趒FYJPO JTTJHOJ趑 DBOUMZSFEVDFE )ZQFSFYUFOTJPO CBDLXBSETCFOEJOHPGUIFOFDL CFZPOEJUTOPSNBMSBOHFPGNPUJPO )ZQFS趒FYJPO GPSXBSETCFOEJOHPGUIFOFDL CFZPOEJUTOPSNBMSBOHFPGNPUJPO "YJBMDPNQSFTTJPO EPXOXBSEQSFTTVSFPOUIFOFDL EVFUPBOJNQBDUPOUIFIFMNFU -BUFSBMIZQFS趒FYJPO TJEFXBZTCFOEJOHPGUIFOFDL CFZPOEJUTOPSNBMSBOHFPGNPUJPO Ѽ 5IFSJTLPGJOKVSJFTSFTVMUJOHGSPNEPXOXBSE QSFTTVSFPOUIFOFDLEVFUPBOJNQBDUPOUIF IFMNFUBYJBMDPNQSFTTJPO PSUIFIFBECFJOH GPSDFECBDLXBSETQPTUFSJPSIZQFSUSBOTMBUJPO JT BMTPNJOJNJ[FE 'VODUJPO/FDL#SBDF4ZTUFN %BOHFS[POF 1305&$503+"$,&5 Ѽ 1SPUFDUPSKBDLFUGPSTQPSUTFOEVSPSJEJOH Ѽ %*/MFWFMDFSUJ趑DBUJPO Ѽ QPMZVSFUIBOF16 QSPUFDUPS Ѽ 1PMZBNJEFFMBTUBOFTIFMM Ѽ 1SFTIBQFECBDLQSPUFDUPS Ѽ $PWFSTTQJOBMDPMVNOTIPVMEFSCMBEFT BOELJEOFZBSFB Ѽ &YDFQUJPOBMTIPDLBCTPSQUJPO Ѽ 1PMZVSFUIBOF$&DFSUJ趑FE/1QSPUFDUPST GPSTIPVMEFSTBOEFMCPXTQSPWJEFNBYJNVN TIPDLBCTPSQUJPO Ѽ 16QSPUFDUPSNBUFSJBMBSPVOEUIFDPMMBSCPOF Ѽ 3FNPWBCMFJOTFSUTJODIFTUBSFB 4-&&7&-&441305&$503+"$,&5 Ѽ 3FNPWBCMFTUFQMFTTMZBEKVTUBCMFLJEOFZCFMU Ѽ 7FMDSPTUSBQTUPBUUBDIUSPVTFST Ѽ &MBTUJDBUFEUIVNCMPPQT Ѽ "EKVTUBCMFTUSBQTUP趑YFMCPXQSPUFDUPSTJOQMBDF Ѽ *NQBDUBCTPSCJOH&7"FMFNFOUTJOVQQFS BSNBSFBBOETJEFTPGSJCDBHF Ѽ 8JDLTNPJTUVSFBXBZFGGFDUJWFMZBOEBMMPXT BJSUPDJSDVMBUFGSFFMZ Ѽ Ѷ#.8.PUPSSBEѷMFUUFSJOHPOUIFMFGUIBOE CBDLTFDUJPO Ѽ $PMPVS#MBDL Ѽ 4J[FT4ѭ9- Ѽ QPMZVSFUIBOF16 QSPUFDUPS Ѽ 1PMZBNJEFFMBTUBOFTIFMM Ѽ "OBUPNJDBMMZQSFTIBQFECBDLQSPUFDUPS Ѽ %*/MFWFMDFSUJ趑DBUJPO Ѽ $PWFSTTQJOBMDPMVNOTIPVMEFSCMBEFT BOELJEOFZBSFB Ѽ 16QSPUFDUPSNBUFSJBMBSPVOEDPMMBSCPOF Ѽ &YDFQUJPOBMTIPDLBCTPSQUJPO Ѽ "MMPXTBJSUPDJSDVMBUFGSFFMZ Ѽ 4UFQMFTTMZBEKVTUBCMFTIPVMEFSTUSBQT LJEOFZCFMUBOEDIFTUGBTUFOFS Ѽ Ѷ#.8.PUPSSBEѷMFUUFSJOHPOLJEOFZCFMU Ѽ $PMPVS#MBDLXJUI#MVF Ѽ 4J[FT4ѭ9- '6/$5*0/36$,4"$, Ѽ $BQBDJUZBQQSPYMJUSFT Ѽ .BEFPGQPMZFTUFSBOEQPMZBNJEF Ѽ 4UVSEZBMVNJOJVNGSBNF Ѽ )JHIMZXBUFSSFTJTUBOUXJUIXBUFSSFTJTUBOU [JQTPODPWFSBOECBDLTFDUJPO Ѽ "OBUPNJDBMMZGPSNFECBDLTFDUJPOGPS NBYJNVNWFOUJMBUJPO Ѽ "EKVTUBCMFQBEEFEBOEWFOUJMBUFE TIPVMEFSTUSBQT .&44&/(&3#"( Ѽ "EKVTUBCMFIJQBOEDIFTUTUSBQT Ѽ 5FOTJPOJOHTUSBQTUPDPNQSFTTUIFSVDLTBDL Ѽ 5PQTFDUJPODBOTUPSFBIFMNFU Ѽ 4UPSBHFDPNQBSUNFOUJODPWFS Ѽ 5XP[JQQFEFYUFSJPSNFTIQPDLFUT Ѽ 1SJOUFEѶ#.8.PUPSSBEѷMFUUFSJOH Ѽ "MTPJEFBMGPSPUIFSMFJTVSFBDUJWJUJFT Ѽ $PMPVS%BSL(SFZ Ѽ 'VODUJPOBMTIPVMEFSCBHNBEFPGQPMZFTUFS BOEQPMZBNJEF Ѽ $BQBDJUZBQQSPYMJUSFT Ѽ 1BEEFESFBSTFDUJPO Ѽ )JHIMZXBUFSSFTJTUBOU Ѽ 1BEEFEBEKVTUBCMFTIPVMEFSTUSBQ Ѽ "EKVTUBCMFSFNPWBCMFIJQTUSBQ Ѽ *OUFHSBUFEMBQUPQQPDLFU Ѽ &YUFSJPS[JQ Ѽ 5XPQPDLFUTPOJOTJEFPG趒BQ -6(("(&30-- Ѽ 3PCVTUXBUFSQSPPGMVHHBHFSPMM Ѽ $BQBDJUZBQQSPYMJUSFTYDN Ѽ 4UVSEZSFNPWBCMFCBTF Ѽ 4VQQMJFEXJUIBWBSJFUZPGEJGGFSFOUTJ[FETUSBQT GPSBUUBDINFOUUPNPUPSDZDMF Ѽ "EKVTUBCMFTIPVMEFSBOEDBSSZTUSBQT Ѽ %JBHPOBM[JQGPSFBTFPGBDDFTT Ѽ 3FWFSTJCMFPVUFSQPDLFUXJUISF趒FDUJWFNBUFSJBM POPOFTJEF Ѽ 1SJOUFEѶ#.8.PUPSSBEѷMFUUFSJOH Ѽ $PMPVS#MBDL4JMWFS $ PN GP SU BC MF 4 BG F $ PN GP SU BC MF $ PN GP SU BC MF 26"-*5:5)"5-"454"/%-"454 #.8.PUPSSBE3JEFS&RVJQNFOUJTMJLFBUSVTUZSJEJOHDPNQBOJPOUIBUDBOCFSFMJFEPO GPSZFBST0WFSUJNFUIFQSPEVDUTCFDPNFBMNPTUBTVOJRVFBTUIFSJEFSUIBUXFBST UIFNXJUIUIFJSFYDFQUJPOBMEVSBCJMJUZBSFTVMUPGUIFRVBMJUZPGUIFNBUFSJBMTBOENBOV GBDUVSJOHQSPDFTTFTFNQMPZFE&WFSZTJOHMFGBCSJDBOE趑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ѳTBCTPMVUFMZFTTFOUJBMUIBUNPUPSDZDMJTUTBSFOѳUEJTUSBDUFECZQPPSMZ趑UUJOHFRVJQNFOU XIJDIJTXIZBMM#.8.PUPSSBEQSPEVDUTBSFEFTJHOFEUPPGGFSUIFVMUJNBUFJODPNGPSU 5IFNBUFSJBMTVTFEBSFPGUIFIJHIFTURVBMJUZCFJOHCPUIUPVHIBOEPGGFSJOHGSFFEPNPG NPWFNFOUBOENPTUPGPVSHMPWFTGFBUVSF趑OHFSTUIBUBSFDVSWFEGPSXBSETBOETQFDJBMMZ TUJUDIFEUPNJOJNJ[FQSFTTVSFPOUIFIBOE4JNJMBSMZUIFOFX/1QSPUFDUPSTBSFTPGUBOE 趒FYJCMFZFUEFMJWFSPVUTUBOEJOHTBGFUZQFSGPSNBODF MF BC VS % G PP QS FS UI FB 8 MF BC VS % */%6453:4"'&5:45"/%"3%4"3&)*()#650634"3&)*()&3 4BGFUZJTPGDPVSTFPVSOVNCFSPOFQSJPSJUZXJUIUIF#.8.PUPSSBE3JEFS&RVJQNFOU SBOHF0OMZUIF趑OFTURVBMJUZNBUFSJBMTBSFVTFETVDIBT,FQSPTIJFMEnPSTQFDJBMMZ USFBUFEUFBSSFTJTUBOUMFBUIFSXIJMFXFBSFDPOTUBOUMZXPSLJOHUPGVSUIFSEFWFMPQFYJTUJOH UFDIOPMPHZBOEDSFBUFXIPMMZOFXGBCSJDT5IBUXBZXFFOTVSFFBDIBOEFWFSZPOFPG PVSQSPEVDUTNFFUT#.8.PUPSSBEѳTFYFNQMBSZTBGFUZTUBOEBSETѭXIJDIBSFHFOFSBMMZ GBSNPSFTUSJOHFOUUIBOJOEVTUSZOPSNTѭBOESFDFJWFTUIF$"3&TUBNQPGBQQSPWBM MF BC VS % MF BC VS % G PP QS FS UI FB 8 4 BG F $"3&$0/$&150'"%7"/$&%3*%&3&26*1.&/5 5)&"ѭ;0'3*%&3&26*1.&/5 "JS5FYn 5IJTSFTJTUBOUOFUMJLF%ZOB趑MTUSVDUVSFBMMPXTBJS UP趒PXGSFFMZLFFQJOHZPVDPPMFWFOBUIJHIFS UFNQFSBUVSFT*UJTFYUSFNFMZMJHIUZFUPGGFSTBMM UIFTBGFUZZPVѳEFYQFDUGSPNBNPUPSDZDMJOHKBDLFU BOEJTJEFBMGPSIPUXFBUIFSSJEJOH "[PEZFT 5IFTFNBZOPUCFVTFEJODPMPVSFEPVUFSNBUFSJBMT TJODFUIFZDBOCSFBLEPXOJOUPDBSDJOPHFOJDBNJOFT #SFBUIBCJMJUZ 5FDIOJDBMMZEF趑OFEBTSFTJTUBODFUPFWBQPSBUJOH IFBUUSBOTGFS3&5 5IFMPXFSUIF3&5UIFNPSF QFSNFBCMFUIFNBUFSJBMJTUPBJS %FTJHO 5IFDIBSBDUFSJTUJDTPG#.8EFTJHOJODMVEFUIFVTF PGDMBTTJDTIBQFTBOEDPMPVST5IFHVJEJOHQSJODJQMF JTѶ'PSNGPMMPXTGVODUJPOѷ %V1POU$PPMNBYn %V1POU$PPMNBYnDPOTJTUTPGIPMMPX趑CSFTXIJDI USBOTQPSUIVNJEJUZUPUIFPVUTJEFWFSZRVJDLMZCZ DBQJMMBSZBDUJPONBLJOHUIFNBUFSJBMESZGBTUFS UIBODPUUPO %ZOBꗅM "IJHIMZUFBSSFTJTUBOUQPMZBNJEFZBSOUIBUJTFWFO NPSFSPCVTUUIBO$PSEVSBnBOESFTJTUBOU UPIJHIUFNQFSBUVSFT %ZOBUFDӿ 'BCSJDNBEFPG%ZOB趑M5FBSSFTJTUBOUBOEFYUSFNFMZ SPCVTUXJUIBNFMUJOHQPJOUPGp$ &YQBOEJOHQMFBUT $"3&DMJNBUFNFNCSBOF "GVODUJPOBMNFNCSBOFUIBUNFFUT$"3&TUBOEBSET 5IFVQQFSNBUFSJBMJTTFXOPOUPUIFTUSFUDIGBCSJD JOBDPSSVHBUFEGPSN5IJTBMMPXTUIFDPNQPVOEUP BOEJTCSFBUIBCMFXBUFSQSPPGBOEXJOEQSPPG TUSFUDINBLJOHUIFUFBSSFTJTUBOUPVUFSNBUFSJBMFWFO TBGFS D@DIBOHFӿ "MTPDPNCJOFEXJUIUIFCJPOJDD@DIBOHFԂDMJNBUF (MBTTꗅCSFSFJOGPSDFEQMBTUJD('31 NFNCSBOFJOBUISFFMBZFSMBNJOBUF5IFJOUFMMJHFOU DBSCPOꗅCSFSFJOGPSDFEQMBTUJD$'31 D@DIBOHFԂNFNCSBOFBEBQUTUIFTJ[FPGJUTQPSFT 5IFJOEJWJEVBM趑CSFTBSBNJEDBSCPOHMBTT趑CSF BDDPSEJOHUPUIFFYUFSJPSUFNQFSBUVSFUIVTBMMPXJOH UIFTLJOUPCSFBUIFJOIPUXFBUIFSBOEMPDLJOHJOIFBU DBOCFNJYFEJOWBSZJOHQSPQPSUJPOTBTSFRVJSFE#Z DIBOHJOHUIFPSJFOUBUJPOBOEQPTJUJPOPGUIF趑CSFT PODPMEFSEBZT EJGGFSFOUDIBSBDUFSJTUJDTDBOCFBDIJFWFEѭGPSFYBNQMF MPXXFJHIUIJHITUSFOHUIIJHISJHJEJUZMPXIFBU $&UFTUNBSL FYQBOTJPOBOEHPPEJOTVMBUJOHQSPQFSUJFT 5IF$&$PNNVOBVU©&VSPQ©FOOF NBSLJOEJDBUFT UIBUUIFQSPEVDUDPNQMJFTXJUI&VSPQFBO6OJPOTBGFUZ (03&5&9n EJSFDUJWFT "NFNCSBOFNBEFPGUF趒POQPMZUFUSB趒VPSFUIZMFOF $PVOUMFTTNJDSPTDPQJDQPSFTQSFWFOUUIFQFOFUSBUJPO DPMECMBDLn 5SFBUNFOUGPSEBSLNBUFSJBMUIBUSF趒FDUTUIFTVOMJHIU PGMBSHFXBUFSESPQMFUTXIJMFBMMPXJOHUIFNVDI BOEQSPUFDUTBHBJOTU67SBZTLFFQJOHTVJUTDPPMFSGPS TNBMMFSXBUFSWBQPVSNPMFDVMFTUPQBTTUISPVHI MPOHFS 5IFCSBODIMJLFTUSVDUVSFPGUIFNFNCSBOFNFBOT UIBUJUJTBMTPXJOEQSPPG $PSEVSBn /ZMPOZBSODPOTJTUJOHPGQPMZBNJEF5IFNBOV (03&5&9n953"'*5ӿ GBDUVSJOHQSPDFTTJOWPMWFTSFTQJOOJOHBOEXFBWJOHUIF (03&5&9n953"'*5ԂJTBUISFFMBZFSDPOTUSVDUJPO DVUQPMZBNJEF趑CSFT)BTBNFMUJOHQPJOUPGp$ FNQMPZFEJONPUPSDZDMJOHHMPWFT*UJTXJOEQSPPG $PSEVSBnJTFWFONPSFUFBSSFTJTUBOU XBUFSQSPPGBOECSFBUIBCMFXJUIUIFMBZFSTCFJOH HMVFEPSMBNJOBUFEUPHFUIFS5IFMJOJOHPGUIFHMPWFT JTCPOEFEUPUIFNFNCSBOFXIJDIJOUVSOJTCPOEFE UPUIFMFBUIFSFOTVSJOHUIFZBSFFBTZUPQVUPOBOE UBLFPGGFWFOXIFOXFU BOEPGGFS趑STUSBUFHSJQ $BSCPOꗅCSF )FBUSFTJTUBOUDIFNJDBM趑CSFMJHIUFSUIBOHMBTT趑CSF $IBSBDUFSJ[FECZIJHITUSFOHUIBOESJHJEJUZ )ZESPQIPCJDUSFBUNFOU "USFBUNFOUXIJDISFOEFSTMFBUIFSXBUFSSFTJTUBOU #.8VTFTUIFWBUJNNFSTJPOUFDIOJRVFXJUI. 4DPUDIHVBSEԂBTUIFBDUJWFBHFOU5IFCFTUSFTVMUT BSFPCUBJOFEXIFOPOMZUIFMFBUIFS趑CSFTBSFFODBQ TVMBUFEBOEUIFQPSFTBSFMFGUPQFOUIFSFCZNBJOUBJO JOHCSFBUIBCJMJUZ *OUFHSBMIFMNFU "IFMNFUUIBUFODMPTFTUIFIFBEDPNQMFUFMZ +FUIFMNFU "OPQFOGBDFIFMNFUXJUIOPDIJOHVBSEPSWJTPS ,BOHBSPPMFBUIFS 'JOFSNPSFDMPTFMZXPWFO趑CSFTBOEBUJHIUFS TUSVDUVSFNBLFUIJTMFBUIFSFWFONPSFEVSBCMFUIBO DPXIJEF ,FQSPTIJFMEӿ )JHIMZQSPUFDUJWFNBUFSJBMNBEFPG,FWMBSn%ZOBUFDԂ BOEDPUUPOCPOEFEUPHFUIFSXJUIUIFD@DIBOHFԂ CJPOJDNFNCSBOFBTBUISFFMBZFSMBNJOBUFBOEUSFBU FEXJUIDPMECMBDLnSF趒FDUJWFUFDIOPMPHZ ,FQSPUFDn "CMFOEPG,FWMBSnBOE1"趑CSFTXIJDIFOIBODFT ,FWMBSѳTnBMSFBEZFYDFMMFOUTUSFUDIBCJMJUZBOEBCSBTJPO SFTJTUBODF6TFEUPSFJOGPSDFUIPTFBSFBTNPTUBU SJTLJOBGBMMTVDIBTUIFFMCPXTTIPVMEFSTLOFFT BOEUIVNCT -BNJOBUF "MBZFSFETUSVDUVSFPGWBSJPVTNBUFSJBMTDSFBUFECZ UIFSNBMBEIFTJPOUIFBEIFTJWFJTVTVBMMZBQQMJFE JOTQPUT BOEQBSUJDVMBSMZTVJUFEGPSVTFXJUIBMM XFBUIFSNFNCSBOFT$BOBMTPUBLFUIFGPSNPGB MJOJOHMBNJOBUFPSUISFFQMZMBNJOBUFBOEEPFTOPU BMXBZTOFFEUPCFUIFSNBMMZBUUBDIFEUPUIFPVUFS NBUFSJBM -FBUIFS #FDBVTFBMMMFBUIFSTBSFOPUFRVBMXFPOMZVTFUIF WFSZCFTU8FVTFPOMZUIF趑OFTUMFBUIFSTGSPNDPXT SFBSFEJOUIF&6GPSPVSKBDLFUTCPPUTBOEHMPWFT XJUIBNJOJNVNUIJDLOFTTPGBUMFBTUNNGPSPVS TVJUTBOEPGUFONVDINPSF"TBSFTVMUUIFZPGGFS FYDFQUJPOBMBCSBTJPOSFTJTUBODF .PUPSDZDMFTQFDJꗅDDVU 5IJTQBUUFSOUBLFTBDDPVOUPGUIFCPEZѳTDPOUPVST JOUIFSJEJOHQPTJUJPO5IFUPQTPGUIFTMFFWFTBSF GVSUIFSGPSXBSETUIFTMFFWFTBOEMFHTBSFBOHMFE BOEUIFSFBSFOVNFSPVTPUIFSTQFDJBMEFTJHOEFUBJMT /BQQBMFBUIFS 5IFVQQFSTVSGBDFPGUIFIJEF4NPPUIBOETMJHIUMZ TIJOZXPSLFEUPBTPGUMFBUIFSXJUIB趑OFHSBJO /JDLFMGSFFBDDFTTPSJFT "MM#.8.PUPSSBECVUUPOTBOE[JQTBSFOJDLFMGSFF UPQSPUFDUUIFTLJO /PNFYn "IFBUSFTJTUBOUNBUFSJBMNBEFPG趑SFSFUBSEBOU BSBNJE趑CSFT /VCVDLMFBUIFS "IJHIMZCSFBUIBCMFMFBUIFSXJUIBTMJHIUMZSPVHIFOFE TVSGBDFSFTVMUJOHJOBWFMWFUZGFFM 0GGSPBEIFMNFU "IFMNFUXJUIBDIJOHVBSEBOETVOTIJFMECVUOPWJTPS 1$1$1 1FOUBDIMPSQIFOPM1$1 JTCBOOFEVOEFSUIF(FSNBO QSPIJCJUFEDIFNJDBMTPSEFSPG0DUPCFS UIPVHIJUNBZCFVTFEJODPODFOUSBUJPOTPGVQUP NHLHJOMFBUIFSQSPDFTTJOH 1SP'PBN "WJTDPFMBTUJDGPBNXIJDIIBSEFOTPOJNQBDUQSPWJE JOHFYDFMMFOUTIPDLBCTPSQUJPOBUBMMUFNQFSBUVSFT 4DIPFMMFSn1$.ӿ %FSJWFEGSPNTQBDFSFTFBSDIUIJTNBUFSJBMGFBUVSFT TQFDJBMQBSBG趑ODBQTVMFTUIBUBMMPXJUUPTUPSFIFBU XIFOXBSNBOESFMFBTFJUXIFOUIFUFNQFSBUVSF ESPQT*UJTUIVTBCMFUPNJOJNJ[F趒VDUVBUJPOTJO CPEZUFNQFSBUVSFLFFQJOHUIFSJEFSDPNGPSUBCMF 5IFNBUFSJBMJTBUJUTNPTUFGGFDUJWFCFUXFFO UFNQFSBUVSFTPGp$BOEp$ 4FSBꗅM )JHIMZUFBSSFTJTUBOUTBGFUZZBSOVTFEJOBMM #.8.PUPSSBENPUPSDZDMFTVJUT 4JMWFSGVODUJPO "GBCSJDUSFBUFEXJUITJMWFSWJBBOJPOJ[JOHQSPDFTTUIBU IBTBMPOHUFSNBOUJCBDUFSJBMFGGFDUNJOJNJ[JOHPEPVS BOENPEFSBUJOHCPEZUFNQFSBUVSF5IFNBUFSJBM IBTBOUJTUBUJDQSPQFSUJFTBOEXJDLTNPJTUVSFBXBZ QBSUJDVMBSMZFGGFDUJWFMZ 4UPSNDVGGn "TMFFWFJOMBZXIJDIGPSNTBXBUFSQSPPGDMPTVSF BSPVOEUIFXSJTU 5'-n$PPM4ZTUFN $PPMUFDIOPMPHZJTVTFEJOEBSLMFBUIFSBOEGBCSJD HBSNFOUT5IBOLTUPBTQFDJBMNBOVGBDUVSJOH QSPDFTTTVOMJHIUJTSF趒FDUFEGSPNUIFEBSLTVSGBDF PGUIFMFBUIFSPSGBCSJDJOUIFTBNFXBZBTGSPN BMJHIUTVSGBDFNBLJOHUIFPVUFSNBUFSJBMNVDIMFTT MJLFMZUPPWFSIFBU ;MJOFS )FSFUIFNFNCSBOFJTMJLFBMJOJOHѶTVTQFOEFEѷ CFUXFFOUIFPVUFSNBUFSJBMBOEUIFMJOJOHJUTFMG 1SP4BGF "OJOUFHSBMQPMZVSFUIBOFGPBNXJUIBOPQFODFMM TUSVDUVSFBOEBDMPTFEDFMMPVUFSTLJOUIBUSFTJTUT XFBUIFSJOHBOEJTVTFEJOQSPUFDUPST 4BGFUZBDUJWFBOEQBTTJWF "DUJWFTBGFUZNFBTVSFTBSFEFTJHOFEUPQSFWFOU BDDJEFOUTGPSFYBNQMFCZVTJOHSF趒FDUJWFNBUFSJBMGPS HPPEWJTJCJMJUZ1BTTJWFTBGFUZGFBUVSFTBJNUPNJOJNJ[F UIFFGGFDUTPGBOBDDJEFOUGPSJOTUBODFCZFNQMPZJOH JNQBDUSFTJTUBOUQSPUFDUPSTBOEPVUFSNBUFSJBMT (03&5&9nJTBSFHJTUFSFEUSBEFNBSLPG8-(PSF "TTPDJBUFT4DIPFMMFSn1$.ԂJTBSFHJTUFSFEUSBEFNBSL PG4DIPFMMFS'SJTCZ5FDIOPMPHJFT%V1POU$PPMNBYn $PSEVSBn/PNFYnBOE,FWMBSnBSFSFHJTUFSFEUSBEFNBSLT PG%V1POU 4*;&$)"354 80.&/ 4J[F )FJHIU $IFTU 8BJTU )JQT 0VUTJEFMFH *OTJEFMFH /PSNBM ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ .&/ 4J[F )FJHIU $IFTU 8BJTU )JQT 0VUTJEFMFH *OTJEFMFH /PSNBM ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ 4MJN *OUFSNFEJBUFTJ[FT 4MJN *OUFSNFEJBUFTJ[FT 6/*4&9 #"$, 1305&$5034 4UBOEBSETJ[F 8PNFO .FO 4J[F $IFTU NFBTVSFNFOU 94 4 . 999999- ѭ ѭ ѭ ѭ ѭ ѭ ѭ 4J[F 5PSTPMFOHUI )FJHIU 4 . 9- ѭ ѭ ѭ ѭ ѭ ѭ ѭ ѭ "TUIFSBUJPPGUPSTPMFOHUIUPPWFSBMMIFJHIUDBOWBSZHSFBUMZGSPNQFSTPOUPQFSTPOBOEUIFCVJMEPG UIFJOEJWJEVBMBMTPTJHOJ趑DBOUMZBGGFDUT趑UUIJTUBCMFTIPVMECFDPOTJEFSFEBTQSPWJEJOHHVJEBODFPOMZ 8JUIIFBWJFSCVJME "MMNFBTVSFNFOUTBSFJODFOUJNFUSFT 5IF趑HVSFTTIPXOJOUIJTUBCMFBSFUIFCPEZNFBTVSFNFOUTVTFEBTUIFCBTJTGPSTJ[JOHQSPEVDUTJOUIFDVSSFOU #.8.PUPSSBE3JEFS&RVJQNFOUSBOHF5IFUBCMFTIPVMEUIFSFGPSFIFMQDVTUPNFSTUPDIPPTFUIFBQQSPQSJBUFTJ[F 4&&)08:06.&"463&61 4:.#0-4 *UѳTFTTFOUJBMUIBUBNPUPSDZDMJOHTVJUTIPVME趋UQSPQFSMZ*GJUѳTVODPNGPSUBCMZUJHIU JUDBOBGGFDUDPODFOUSBUJPOXIJMFSJEJOHBOEUIFTBNFHPFTJGJUѳT趌BQQJOHMPPTF D@DIBOHFӿ 4VO 8BSNXFBUIFS &JUIFSXBZJUѳTBOJSSJUBUJPOUIBUXJMMUBLFZPVSNJOEPGGUIFSPBEBOETPDPNQSPNJTF ZPVSTBGFUZ+BDLFUTBOEUSPVTFSTBMTPIBWFUPTJUSJHIUPOUIFXFBSFS4MFFWFTBOE USPVTFSMFHTTIPVMEOFWFSSJEFVQCFDBVTFJGUIFZEPJUѳTOPUKVTUBTBGFUZJTTVFѭ JUBMTPNFBOTZPVѳSFOPUQSPQFSMZQSPUFDUFEBHBJOTUUIFFMFNFOUT (03&5&9n $PME $PMEXFBUIFS (03&5&9n"SNBDPSӿ "NBUFSJBMXJUIFYDFMMFOUUFOTJMFTUSFOHUI BOEBCSBTJPOSFTJTUBODFDBQBCMFPGXJUI TUBOEJOHFYUSFNFUFNQFSBUVSFTUIBOLTUP UIFDPNCJOBUJPOPG,FWMBSnBOE$PSEVSBn 8JOEQSPPG 5IBUѳTXIZUIFDVUPGBMM#.8.PUPSSBETVJUTJTTQFDJBMMZEFTJHOFEGPSNPUPSDZDMJOH VTFBOEXIZUIFZBMMGFBUVSFBXFBMUIPGBEKVTUNFOUTFYQBOEBCMFTFDUJPOTBOE DMFWFSEFUBJMT )PXFWFSUIFNPTUJNQPSUBOUGBDUPSJOFOTVSJOHBHMPWFMJLF趋UJTTUJMMNBLJOHTVSF UIBUZPVHFUUIFSJHIUTJ[F#.8.PUPSSBELOPXTUIBUSJEFSTDPNFJOBMMEJGGFSFOU CPEZTIBQFTBOETPJUTTVJUTBSFBWBJMBCMFJOBDIPJDFPGPWFSEJGGFSFOUTJ[FT 5P趋OEUIFPOFUIBUѳTSJHIUGPSZPVHSBCZPVSUBQFNFBTVSFBOEGPMMPXUIFTF TJNQMFJOTUSVDUJPOT 8BUFSQSPPG $PSEVSBn 8BUFSQSPPGQPDLFU %ZOBUFDӿ 4QFDJBMXPNFOѳTDVU )FJHIU 4UBOECBSFGPPUXJUIZPVSCBDLUPB EPPSGSBNF1MBDFBCPPLPOZPVS IFBEBOEVTFJUUPNBLFBNBSLPO UIFEPPSGSBNF.FBTVSFUIFIFJHIU GSPNUIF趌PPSUPUIJTNBSL " K ,FQSPTIJFMEӿ 3FNPWBCMFQSPUFDUPST "JS5FY n 3FUSPꗅUUBCMFQSPUFDUPST $IFTU 5BLFUIJTNFBTVSFNFOUXIJMFXFBS JOHBTIJSUPSMJHIUXFJHIUQVMMPWFS 1BTTUIFUBQFNFBTVSFVOEFSZPVS BSNTBOEUBLFUIFNFBTVSFNFOU BSPVOEUIFCSPBEFTUQBSUPGUIF DIFTUBOEPWFSUIFTIPVMEFSCMBEFT # $ % 8BJTU .FBTVSFBSPVOEUIFTIJSUKVTU BCPWFUIFUPQPGZPVSUSPVTFST 1MFBTFFOTVSFZPVBSFJOBSFMBYFE BOEOBUVSBMQPTJUJPOBOEEPOPU IPMEJOZPVSTUPNBDIѭUIBUXBZ ZPVѳMMFOTVSFUIFUSPVTFSTMBUFSTJU DPNGPSUBCMZ )JQT .FBTVSFUIFEJTUBODFBSPVOEUIF CPEZPWFSUIFIJQTBOEUIFGVMMFTU QBSUPGUIFCBDLTJEF & ' 0VUTJEFMFH .FBTVSFUIFEJTUBODFEPXOUIF PVUTJEFPGZPVSMFHGSPNUIFXBJTU PGZPVSUSPVTFSTUPUIFTPMFPGZPVS GPPU *OTJEFMFH .FBTVSFUIFEJTUBODFEPXOUIF JOTJEFPGZPVSMFHGSPNUIFDSPUDI TFBNUPUIFTPMFPGZPVSGPPU 8*/%45011&3nMBNJOBUF 0GGFSTBIJHIMFWFMPGGSFFEPNPGNPWFNFOU BOEFYDFMMFOUQSPUFDUJPOBHBJOTUXJOEBOESBJO .5IJOTVMBUFӿ "UIJOMBZFSPGUIJTMJHIUXFJHIUNBUFSJBMJT FOPVHIUPQSPWJEFFYDFMMFOUUIFSNBMJOTVMBUJPO $BSCPO 'JU )FMNFUTIFMMJOBSBOHFPGTJ[FT DPMECMBDLn5'-$PPMUFDIOPMPHZ 7FOUJMBUJPO 3FꗆFDUJWFNBUFSJBM %PVCMF%GBTUFOFS /BOPTQIFSF "USFBUNFOUUPQSFWFOUUIFCVJMEVQPGEJSU BOEJNQSPWFXBTIBCJMJUZ &YUSFNFMZMJHIUXFJHIU -FBUIFS %PVCMFHMB[FEWJTPS ,BOHBSPPMFBUIFS /FDLTUSBQ 4UJOHSBZMFBUIFS $"3&DMJNBUFNFNCSBOF )ZESPQIPCJDUSFBUNFOU #.8.PUPSSBE 3JEF 5IF6MUJNBUF 3JEJOH.BDIJOF CNXNPUPSSBEDPN CNXNPUPSSBEDPNFTIPXSPPN 4VCKFDUUPNJTQSJOUFSSPSBOEDIBOHFTi#.8.PUPSSBE697..VOJDI(FSNBOZ5IJTDBUBMPHVFNBZOPUCFSFQSPEVDFEJOXIPMFPSJOQBSUXJUIPVUUIFXSJUUFODPOTFOU PG#.8"(.VOJDI1SJOUFEPODIMPSJOFGSFFCMFBDIFEQBQFS1SJOUFEJO(FSNBOZ
Similar documents
performance in every fibre.
"TQPSUZ XBUFSQSPPGUPVSJOHTVJUGPSUIFTVNNFS UIF$PNGPSU4IFMMѳTVOJRVF D@DIBOHFԂNFNCSBOFBOEFMBTUJDBUFEPVUFSMBZFSLFFQUIFSJEFSDPPMBOE DPNGPSUBCMFBUBMMUJNFT*UBMTPGFBUVSFT#.8...
More informationBMW MOTORRAD RIDE 2012.
Ѽ'MJQVQDIJOTFDUJPOXJUIGPVSIJOHFNFDIBOJTN Ѽ0VUFSTIFMMJOUXPTJ[FT JOOFSTIFMMNBEFGSPN NVMUJTFHNFOUFYQBOEFEQPMZTUZSPM Ѽ#VJMUJOESPQEPXOTVOWJTPS FBTJMZPQFSBUFEWJBTMJEFS Ѽ$F...
More informationbmw motorrad ride 0 - BMW Motorrad Slovenija
Ѽ *OKFDUJPONPVMEFE UISFFEJNFOTJPOBMMZ DVSWFEWJTPSXJUIBOUJTDSBUDIBOEBOUJGPH DPBUJOH Ѽ $PNQMJFTXJUI&$& Ѽ 8FJHIUXJUIWJTPSBQQSPY HSBNT XJUIPVUWJTPSBQQSPY ...
More informationF 00 GS - BMW Motorrad
DPNQPTJUFNBUFSJBMJTOPX趑OEJOHBIPNFJONBOZ EJGGFSFOUNBSLFUTUIBOLTUPJUTIJHIUFOTJMFTUSFOHUI MPXXFJHIUBOEMPXUIFSNBMFYQBOTJPO 5)&4&'&"563&4NBLFUIFVTFPGDBSCPO趑CSF WFSZQPQ...
More informationBMW MOTORC:CLE E2UIPMENT 0 .
FST8FHVJEFUIFUFBNTJOIPXUPHFUUIFNPTUPVU PGUIFTFUPPMT BOEUSBJOUIFNTPUIBUUIFZDBO PQFSBUFUIFNJOEFQFOEFOUMZ"UUIFTBNFUJNF UIPVHI NBOZQBSUOFSTBSFWFSZLFFOUPDPOUJOVF X...
More informationF 800 ST - BMW Motorrad
BOEFGGPSUMFTTIBOEMJOH BOEFWFSZKPVSOFZѭXIFUIFS ZPVSFSJEJOHTPMPPSXJUIBQBTTFOHFSѭCFDPNFTBO VOGPSHFUUBCMFFYQFSJFODF
More informationr 1200 gs adventure
4PNFKPVSOFZTZPVDBOUFMMBSFHPJOHUPCF UPVHIKVTUCZMPPLJOHBUUIFNBQ#VUUIFSFBMJUZ XJMMBMXBZTCFUPVHIFS"OEUIBUѳTXIFOUIF 3(4"EWFOUVSFDPNFTJOUPJUTPXO )PXFWFSGBSZPV...
More information