!"#"$%&'($)%*+,%"-$%./$,01#2%3$40+2%
%5$6#,"/$2"%+*%7$8#)%
9:9;%<#)$=#((%>,+4,#/%
!"#$%&'"($)*"$+,$%-.$
%/0-$12.-34%56-!5$%-7/04589!:$
?.@ .");'+,"$<=$>&*?@)("$<@"$*"A&+*";$+,(&*),?"$),;$*"B+(<"*$)$<")C$+($C+;,+B@<$6)D$1E$=F$<@"$
B+G",$D")*H%%7$#/%,$40)",#A+2%B0((%=$%1'"%+C%=D%1+/6'"$,%#"%"-0)%A/$E%%&$F'0,$G%02)',#21$%/')"%
=$%02%6(#1$%6,0+,%"+%#2D%6(#D%+*%./$,01#2%3$40+2%"$#/)E%%7-$%02)',#21$%)-+'(G%=$%6',1-#)$G%6,0+,%
"+%#2D%",D+'")H%+,%6,#1A1$H%#2G%6/:5%=$%02%6(#1$%6,0+,%"+%#2D%4#/$)%=$"B$$2%./$,01#2%3$40+2%
"$#/)E%%
#E .((%"$#/)%IJ!7%,$40)"$,%+2(02$%#"%BBBE($40+2E+,4K=#)$=#((E%%.((%*$$)%/')"%=$%)'=/0L$G%
"-,+'4-%"-$%B$=%)0"$%#"%"-$%A/$%+*%,$40)",#A+2E%%./$,01#2%3$40+2%2#A+2#(%-#)%0/6+)$G%
#%*$$%+*%MNOE::%*+,%)$20+,%"$#/)%#2G%MNOE::%*+,%P'20+,%"$#/)E%%7-$%G$6#,"/$2"%
,$40)",#A+2%*$$%+*%MQ::E::%*+,%)$20+,%"$#/)%#2G%M;O:E::%*+,%P'20+,%"$#/)%#2G%"-$%
,$F'0,$G%02)',#21$%B0((%#()+%=$%6#0G%"-,+'4-%"-$%B$=%)0"$E%%R-$2%"-$%"$#/%0)%,$40)"$,$G%
=D%$0"-$,%"-$%1+#1-%+,%"-$%/#2#4$,%#2G%"-$%*$$)%-#S$%=$$2%)'=/0L$G%"+%2#A+2#(H%"-$%
"$#/%02*+,/#A+2%0)%)'=/0L$G%"+%"-$%5$6#,"/$2"%<#)$=#((%T-#0,H%#2G%"-$%5$6#,"/$2"%
50,$1"+,%+*%U2"$,2#(%.C#0,)E%%7-$%1-#0,%B0((%,$S0$B%"-$%,$40)",#A+2%#2G%0*%#66,+S$G%+2(D%
"-$2%B0((%"-$%,$40)",#A+2%*'2G)%=$%6,+1$))$GE%%%
?<@ 6)I$=F$),$1E$>')D"*$<")C$*=(<"*$C&(<$J"$(&JC+K";$F=*$)>>*=G)'$JD$L&,"$M1$=F$<@"$B+G",$D")*H$$
&+)"$,)%2+"%)'=/0L$G%=D%"-0)%G$#G(02$%#,$%)'=P$1"%"+%=$024%G$20$G%#2G%"-$%"$#/%2+"%=$024%
#((+B$G%"+%,$40)"$,%+,%6(#DE%%!'=/0L$G%,+)"$,%/')"%=$%#66,+S$G%=D%"-$%5$6#,"/$2"%<#)$=#((%
T-#0,%+,%"-$0,%,$6,$)$2"#AS$%6,0+,%"+%6(#DE%%V+%"$#/%/#D%-#S$%/+,$%"-#2%$04-"$$2%?;N@%
,$40)"$,$G%6(#D$,)E%%.%"$#/%B0((%2+"%=$%1+2)0G$,$G%$(040=($%*+,%6(#D%'2A(%"-$%,$40)",#A+2%#2G%
,+)"$,%#,$%#66,+S$G%=D%"-$%5$6#,"/$2"%<#)$=#((%T-#0,%+,%"-$%G$)042#"$G%,$6,$)$2"#AS$E%
?T@ 5@"$C),)B"*N?=)?@$C&(<$O"">$?=>+"($=F$)''$<@"$*"B+(<*)P=,$F=*C($),;$#+''$@)G"$<@"C$)G)+')J'"$
F=*$+,(>"?P=,$JD$<@"$<=&*,)C",<$;+*"?<=*$)<$),D$),;$)''$B)C"(H%
?5@ 8F$;+(?*">),?+"($)*"$,=P?";Q$<@"("$;+(?*">),?+"($#+''$J"$+CC";+)<"'D$J*=&B@<$<=$<@"$)K",P=,$
=F$<@"$<")C$?=,?"*,";$JD$<@"$;+*"?<=*H%
?W@ !=$.+(<*+?<Q$.+G+(+=,Q$=*$.">)*<C",<$R)("J)''$S@)+*Q$T+?"2S@)+*Q$=*$C"CJ"*$=F$),D$J)("J)''$
?=CC+K""$?),$("*G"$)($)$C),)B"*Q$);C+,+(<*)<=*Q$=*$?=)?@$=F$)$J)("J)''$<")C$<@)<$>)*P?+>)<"($
+,$5@"$4C"*+?),$0"B+=,Q$.">)*<C",<$=F$5"I)($R)("J)''$3*=B*)CH$.2D%/$/=$,%+*%#%=#)$=#((%
1+//0L$$H%#"%#2D%($S$(%B-+%-#)%#2%0))'$%B0"-%6(#DH%+,%6,+"$)"%IJ!7%,$1')$%"-$/)$(S$)%*,+/%#2D%
G$10)0+2%+*%"-#"%0))'$E%
?X@ -)?@$5")C$C&(<$(&JC+<$<=$;">)*<C",<$)$?=>D$=F$)''$?=C>'"<";$F=*C$MU($F=*$<@"$C"CJ"*($=,$
<@"$)>>*=G";$<")C$*=(<"*H$7-$%1+/6($"$G%*+,/%9Y)%/')"%=$%,$1$0S$G%#"%G$6#,"/$2"%2+%(#"$,%
"-#2%9;%Z'2$%+*%"-$%D$#,E%%
?[@ 4$C),)B"*Q$);C+,+(<*)<=*Q$=*$?=)?@$C&(<$B=$<=$<@"$(?@=='$<@)<$<@"D$#+(@$<=$*"?*&+<$F*=C$),;$
B"<$)$G"*+V)J'"Q$(+B,";$JD$),$);C+,+(<*)<=*$(<)<"C",<$=F$<@"$(?@=='($",*=''C",<$F=*$<@"$1W
<@
Q$
11
<@
Q$),;$1M
<@
$B*);"($F=*$<@"$(?@=='$D")*$)($=F$6)*?@$X1
(<
$=F$<@)<$D")*H$$%
?\@ -)?@$<")C$C&(<$J"$)J'"$<=$>*=G"Q$+F$*"A&"(<";Q$<@)<$<@"D$>')D";$)$C+,+C&C$=F$Y$B)C"($>*+=*$
<=$<@"$;+(<*+?<$<=&*,)C",<H$$$%$%
?U@ 4''$<")C($<@)<$@)G"$);G),?";$<=$<@"$;">)*<C",<$<=&*,)C",<$'"G"'$)*"$*"A&+*";$<=$)K",;$)''$
J),A&"<($=*$(>"?+)'$F&,?P=,($)($;"<"*C+,";$JD$<@"$.">)*<C",<$5=&*,)C",<$.+*"?<=*H$$.2D%
"$#/%"-#"%*#0()%"+%/$$"%"-0)%,$F'0,$/$2"%B0((%=$%)'=P$1"%"+%*+,*$0"',$%+*%)+/$%+,%#((%4#/$)%#2G%
6+))0=($%$86'()0+2%*,+/%"+',2#/$2"%6(#D%#)%G$"$,/02$G%=D%"-$%5$6#,"/$2"%7+',2#/$2"%
50,$1"+,E%%T+#1-$)%#2G%+,%/#2#4$,)%#,$%,$F'0,$G%"+%#L$2G%"-$%G#0(D%/+,2024%/$$A24%*+,%"-$%
1+2G'1A24%+*%"+',2#/$2"%=')02$))E%%%
%/0-$M$Z$.8:5%8S5:$
?.@ ./$,01#2%3$40+2%<#)$=#((%02%7$8#)%B0((%=$%6(#D$G%#11+,G024%"+%G0)",01")%)-+B2%+2%"-$%/#6%
(+1#"$G%+2%"-$%(#)"%6#4$%+*%"-0)%,'($=++]E%%50)",01"%<#)$=#((%T-#0,%,$)$,S$)%"-$%,04-"%"+%^+2$%
#2D%G0)",01"%02"+%#)%/#2D%^+2$)%#)%0)%2$1$))#,D%"+%6,$S$2"%-#,G)-06%+2%#%"$#/%+,%$81$))0S$%
",#S$(E%%7-$%50)",01"%<#)$=#((%T-#0,%)-#((%G0,$1"%"-$%=#)$=#((%#1AS0A$)%B0"-02%"-$0,%,$)6$1AS$%
G0)",01"E%%%
?<@ U2%G0)",01"%6(#DH%#2D%"B+%1+/6$A24%"$#/)%6(#D024%$#1-%+"-$,%)-+'(G%=$%(0/0"$G%"+%+2$%",06%
$#1-E%%W86$2)$)%+*%4#/$)%6(#D$G%G0)",01"%=,#1]$"%)-#((%=$%=+,2$%=D%"-$%"$#/)%6#,A106#A24E%
?T@ 7-$%50)",01"%T-#0,%B0((%-#S$%#%/$$A24%B0"-%#((%/#2#4$,)%#2G%1+#1-$)%02%"-$0,%G0)",01"H%,$S0$B%
#((%,'($)%#2G%,$4'(#A+2)%+*%"-$%=#)$=#((%6,+4,#/%#2G%$)"#=(0)-%#%)1-$G'($%+*%6(#DE%%.%B,0L$2%
,$6+,"%+*%"-0)%/$$A24%IJ!7%=$%)$2"%"+%"-$%50S0)0+2%<#)$=#((%T-#0,%#2G%"-$%5$6#,"/$2"%
<#)$=#((%T-#0,%6,0+,%"+%#2D%6(#DE%%%
?5@ 50)",01"%>(#D%_%I#D%;N%"+%Z'2$%9`E%%
?W@ 50)",01")%B0"-%ab$$2%?;O@%+,%/+,$%"$#/)%"-#"%#,$%6,+6$,(D%,$40)"$,$G%#)%*'((D%G$a2$G%02%&'($%
;H%6#,#4,#6-%?<@%+2%6#4$%;%B0((%=$%#((+B$G%"+%1$,A*D%"+%50S0)0+2H%"B+%?9@%"$#/)%*+,%"-$%a,)"%
ab$$2%?;O@%"$#/)%#2G%+2$%?;@%#GG0A+2#(%"$#/%*+,%$#1-%#GG0A+2#(%"$2%?;:@%"$#/)%,$40)"$,$GE%
?X@ W#1-%G0)",01"%B0((%G$10G$%G',024%G0)",01"%6(#D%B-$"-$,%"+%6(#D%)$S$2%?c@%+,%202$%?`@%022024%=#((%
4#/$)H%"$2%?;:@%,'2%,'($H%1+',"$)D%,'22$,%*+,%"-$%1#"1-$,H%+,%#2D%+"-$,%,'($)%"-$D%)$$%a"%"+%
')$%02%G0)",01"%6(#DE%%50)",01"%,'($)%/')"%=$%S+"$G%'6+2%=$*+,$%G0)",01"%6(#D%=$402)E%
?[@ 50)",01"%7+',2#/$2")%/')"%=$%1+/6($"$G%=D%Z'2$%Q:%+*%"-$%40S$2%D$#,E%%7+',2#/$2")%#2GK+,%
6(#D%#b$,%"-0)%G#"$%B0((%2+"%=$%,$1+420^$G%=D%"-$%5$6#,"/$2"%<#)$=#((%T+//0L$$E%
?\@ 50)",01"%6(#D%#2G%"+',2#/$2")%B0((%=$%6(#D$G%')024%"-$%2#A+2#(%"+',2#/$2"%,'($)%#2G%
6+(010$)E%%50)",01"%7+',2#/$2")%B0((%')$%V#A+2#(%<,#1]$")E%%.%G,#B024%B0"-%"-$%/#2#4$,)%+*%#((%
"$#/)%6,$)$2"%B0((%G$10G$%"-$%6(#1$/$2"%+2%"-$%=,#1]$")E%
?U@ .%1+02%"+))%B0"-%=+"-%"$#/%/#2#4$,)%B0((%G$"$,/02$%d\+/$e%#2G%df0)0"+,eE%
?Z@ R#"$,%#2G%01$%B0((%=$%*',20)-$G%02%"-$%G'4+'")%02%#((%G0)",01"%"+',2#/$2")E%
?g@ 7-$%6+)"%02%#%"+B2%+,%10"D%-+)A24%#%G0)",01"%"+',2#/$2"%B0((%=$%#((+B$G%"+%-#S$%#%-+)"%"$#/%
1+/6$A24%02%"-$%"+',2#/$2"E%
?3@ ."%"-$%1+21(')0+2%+*%"-$%G0)",01"%"+',2#/$2"K)$#)+2%$#1-%G0)",01"%1-#0,%B0((%02)',$%"-#"%
601"',$)%+*%"-$%B022024%"$#/%B0((%=$%$/#0($G%"+%"-$%50S0)0+2%1-#0,%#2G%"+%"-$%5$6#,"/$2"%+*%
7$8#)E%%WS$,D+2$%02%"-$%601"',$%/')"%=$%6,+6$,(D%0G$2Aa$GE%%%
?I@ .((%G$6#,"/$2"%#2G%2#A+2#(%,'($)%B0((%#66(D%G',024%#((%($S$()%+*%G0)",01"%6(#DE%
%%%
%/0-$X$Z$.8T8:89!:$
?.@ 50S0)0+2%"+',2#/$2"%B0((%=$%-$(G%=$"B$$2%Z'2$%Q:%#2G%Z'(D%;OE%
?<@ %50S0)0+2)%B0"-%ab$$2%?;O@%+,%/+,$%"$#/)%"-#"%#,$%6,+6$,(D%,$40)"$,$G%#)%*'((D%G$a2$G%02%&'($%
;H%6#,#4,#6-%?<@%+2%6#4$%;%B0((%=$%#((+B$G%"+%1$,A*D%"+%50S0)0+2H%"B+%?9@%"$#/)%*+,%"-$%a,)"%
ab$$2%?;O@%"$#/)%#2G%+2$%?;@%#GG0A+2#(%"$#/%*+,%$#1-%#GG0A+2#(%"$2%?;:@%"$#/)%,$40)"$,$GE%
?T@ 7-$%B022024%"$#/%B0((%=$%1$,Aa$G%#)%"-$%50S0)0+2%T-#/60+2%"+%5$6#,"/$2"%\$#GF'#,"$,)%=D%
"-$%50S0)0+2%T-#0,%#)%)++2%#)%"-$%"+',2#/$2"%B#)%1+/6($"$E%
?5@ 50S0)0+2%"+',2#/$2")%/')"%=$%1+/6($"$G%=D%Z'(D%;O%+*%"-$%40S$2%D$#,E%%7+',2#/$2")%#2GK+,%
6(#D%#b$,%"-0)%G#"$%B0((%2+"%=$%,$1+420^$G%=D%7-$%5$6#,"/$2"%<#)$=#((%T+//0L$$E%
?W@ 50S0)0+2%"+',2#/$2")%B0((%=$%6(#D$G%')024%"-$%V#A+2#(%#2G%5$6#,"/$2"%,'($)E%7+',2#/$2")%
B0((%')$%V#A+2#(%<,#1]$")E%%.%G,#B024%B0"-%"-$%/#2#4$,)%+*%#((%"$#/)%6,$)$2"%B0((%G$10G$%"-$%
6(#1$/$2"%+2%"-$%=,#1]$")E%
?X@ %.%1+02%"+))%B0"-%=+"-%"$#/%/#2#4$,)%6,$)$2"%B0((%G$"$,/02$%d\+/$e%#2G%df0)0"+,e%
?[@ R#"$,%#2G%01$%B0((%=$%*',20)-$G%02%"-$%G'4+'")%02%#((%G0S0)0+2%"+',2#/$2")E%
?\@ 7-$%6+)"%02%#%"+B2%+,%10"D%-+)A24%#%G0S0)0+2%"+',2#/$2"%B0((%=$%#((+B$G%"+%-#S$%#%-+)"%"$#/%
1+/6$A24%02%"-$%"+',2#/$2"E%%!-+'(G%"-$%-+)"%"$#/%#()+%=$%"-$%1-#/60+2%+*%0")%G0)",01"H%
"-$2%"-$%)$1+2G%6(#1$%"$#/%*,+/%"-#"%G0)",01"%1#2%#()+%1+/6$"$%02%"-$%"+',2#/$2"E%%\+)"%
"$#/)%#,$%,$F'0,$G%"+%6(#D024%"-$%(+B$,%($S$(%"+',2#/$2"%*+,%B-01-%"-$D%#,$%$(040=($E%%
?50S0)0+2%-+)")%B0((H%0*%$(040=($H%6(#D%02%G0)",01"%"+',2#/$2")E%%%
?U@ ."%"-$%1+21(')0+2%+*%"-$%G0S0)0+2%"+',2#/$2"K)$#)+2%$#1-%G0S0)0+2%1-#0,%B0((%02)',$%"-#"%
601"',$)%+*%"-$%B022024%"$#/%B0((%=$%$/#0($G%"+%"-$%G$6#,"/$2"%1-#0,%#2G%"+%"-$%G$6#,"/$2"%
+*%7$8#)E%%WS$,D+2$%02%"-$%601"',$%/')"%=$%6,+6$,(D%0G$2Aa$GE%%%
?Z@ %."%"-$%1+21(')0+2%+*%"-$%G0S0)0+2%"+',2#/$2"H%"-$%G0S0)0+2%1-#0,%B0((%$/#0(%#%1+/6($"$G%
,++/024%(0)"%*+,%"-$%G$6#,"/$2"%"+',2#/$2"%"+%5$6#,"/$2"%\$#GF'#,"$,)%%
?g@ .((%G$6#,"/$2"%#2G%2#A+2#(%,'($)%#66(D%*+,%G0S0)0+2%6(#DE%%%
%/0-$Y$Z$:545-$59/%!46-!5$
?.@ 7-$%)"#"$%"+',2#/$2"%B0((%=$%#%aS$%?O@%"$#/%"+',2#/$2"H%?'2($))%2+%-+)"%"$#/%0)%G$)042#"$G%
G'$%"+%2+%6+)"%+,%+"-$,%+,4#20^#A+2%)'=/0h24%#%)'11$))*'(%=0G%*+,%"-$%"+',2#/$2"E%%U*%2+%
=0G%0)%#B#,G$G%"-$2%"-$%G$6#,"/$2"%-$#GF'#,"$,)%B0((%#1"%#)%-+)"%+*%#%*+',%?i@%"$#/%
"+',2#/$2"E@%%W#1-%G0S0)0+2%B022$,%B0((%#GS#21$E%%7-$%-+)"%6+)"%B0((%=$%#((+B$G%"+%)$2G%#%
d\+)"%7$#/eE%%7-$%-+)"%"$#/%B0((%=$%)$($1"$G%=D%"-$%(+1#(%=#)$=#((%1+//0L$$%?)'=P$1"%"+%"-$%
#66,+S#(%+*%"-$%5$6#,"/$2"%<#)$=#((%T+//0L$$@%#2G%/')"%=$%B0"-02%"B$2"DjaS$%?9O@%/0($)%
+*%"-$%"+',2#/$2"%)0"$)E%%U*%"-$,$%0)%#%G0S0)0+2%"-#"%1#22+"%)$2G%#%"$#/H%"-$2%"-$%G0S0)0+2%B0"-%
"-$%(#,4$)"%2'/=$,%+*%6,+6$,(D%,$40)"$,$G%"$#/)%B0((%=$%#((+B$G%"+%)$2G%#2%#GG0A+2#(%"$#/E%%
?V+%G0S0)0+2%B0((%=$%#((+B$G%"+%)$2G%/+,$%"-#2%"B+%"$#/)E%%?U2%#GG0A+2%"+%"-$%-+)"%"$#/@%%U*%
"-$,$%#,$%#"%($#)"%i:%"$#/)%,$40)"$,$G%02%"-$%5$6#,"/$2"H%"-$%5$6#,"/$2"%<#)$=#((%
T+//0L$$%/#DH%#"%0")%G0)1,$A+2H%+,4#20^$%#2G%1+2G'1"%#2%$04-"%?N@%"$#/%!"#"$%
T-#/60+2)-06%"+',2#/$2"%'6+2%#66,+S#(%+*%"-$%./$,01#20)/%T+//0))0+2E%%%
?<@ 7-$%5$6#,"/$2"%T+//#2G$,%B0((%)$($1"%"-$%)0"$%+*%"-$%5$6#,"/$2"%?)"#"$@%"+',2#/$2"E%%7-$%
02S$)A4#A+2%#2G%,$1+//$2G#A+2%+*%"-$%5$6#,"/$2"%<#)$=#((%T+//0L$$%B0((%G$"$,/02$%
-0)%)$($1A+2E%%7-$%-+)"%)0"$%B0((%=$%#((+B$G%"+%-#S$%#%-+)"%"$#/%"+%1+/6$"$%02%"-$%)"#"$%
"+',2#/$2"E%
?T@ 7-$%5$6#,"/$2"%T+//#2G$,%+,%"-$0,%G$)042#"$G%,$6,$)$2"#AS$%B0((%G,#B%"-$%"$#/%2#/$)%
*+,%"-$%)$$G024%#"%"-$%=#2F'$"E%%7-$%-+)"%"$#/%B0((%6(#D%"-$%6,0/$%A/$%4#/$%"-$%a,)"%G#DE%%
7-$,$#b$,H%,$4'(#,%6(#D%B0((%=$%#((+B$GE%%%%%%
?5@ W#1-%"$#/%"-#"%(0S$)%B0"-02%abD%?O:@%/0($)%+*%"-$%"+',2#/$2"%B0((%,$1$0S$%MOE::%6$,%G0$/%*+,%
$S$,D%6$,)+2%+2%"-$%,+)"$,H%B-+%0)%B0"-%"-$%"$#/%*+,%$#1-%G#D%+*%6(#D%02%"-$%"+',2#/$2"%#2G%
EO:%1$2")%6$,%/0($%*,+/%"-$%=#)$%)1-++(%"+%"-$%"+',2#/$2"%#2G%,$"',2%*+,%$#1-%G#D%+*%6(#D%02%
"-$%"+',2#/$2"%#2G%RU33%Vk7%,$1$0S$%-+')024E%
?W@ 7$#/)%B-+)$%=#)$%)1-++(%0)%/+,$%"-#"%abD%?O:@%/0($)%*,+/%"-$%"+',2#/$2"%)0"$%B0((%,$1$0S$%#%
6$,%G0$/%,#"$%+*%M;OE::%*+,%$S$,D%6$,)+2%+2%"-$%,+)"$,%B-+%0)%B0"-%"-$%"$#/%*+,%$#1-%G#D%+*%
6(#D%02%"-$%"+',2#/$2"%#2G%B0((%=$%,$0/=',)$G%*+,%",#2)6+,"#A+2%*,+/%"-$0,%=#)$%)1-++(%"+%
"-$%"+',2#/$2"%#2G%,$"',2%#"%"-$%,#"$%+*%EN:%1$2")%6$,%/0($H%6$,%"$#/%+2$%A/$%+2(DE%%7-$%
6$,%G0$/%/+2$D%B0((%=$%6#0G%$S$,D%/+,2024%#"%"-$%1+#1-$)%/$$A24%#2G%B0((%=$%')$G%"+%*$$G%
"-$%"$#/%B-0($%,$F'0,$G%"+%=$%02%"-$%"+',2#/$2"E%
?X@ 7$#/)%+S$,%abD%?O:@%/0($)%B0((%,$1$0S$%-+')024%B-01-%B0((%=$%6#0G%=D%G$6#,"/$2"E%%?(0/0"%+*%c%
,++/)%6$,%"$#/%j%+2$%*+,%"-$%/#2#4$,H%+2$%*+,%"-$%"B+%1+#1-$)H%#2G%'6%"+%aS$%,++/)%*+,%"-$%
6(#D$,)H%B0"-%*+',%6(#D$,)%6$,%,++/@%7-$,$%0)%2+%6$,%G0$/%*+,%"-$%G#D%+*%"-$%=#2F'$"%0*%"-$,$%
0)%2+%6(#D%"-#"%G#DE%
?[@ 7-$%G$6#,"/$2"%-#)%2+%1+2",+(%+S$,%2+,%G+$)%0"%#))'/$%#2D%,04-"%"+%1+2",+(%+,%/#]$%,'($)%"+%
G$"$,/02$%"-$%/#22$,%#2G%/+G$%+*%",#2)6+,"#A+2%+*%02G0S0G'#(%=#((%6(#D$,)%#2G%"$#/)%*,+/%
"-$0,%-+/$)%"+%02G0S0G'#(%4#/$)%#2G%+,%"+',2#/$2")E%%7-$%G$6#,"/$2"%$86,$))(D%G0)1(#0/)%
#((%1+2",+(%#2G%(0#=0(0"D%+S$,%"-$%/#22$,%#2G%/+G$%+*%",#2)6+,"#A+2H%#)%)$"%+'"%#=+S$H%2+"%
+2(D%*+,%"-$%5$6#,"/$2"%<#)$=#((%7+',2#/$2"H%='"%#()+%*+,%02G0S0G'#(%=#((%6(#D$,)%#2G%"$#/)%
02S+(S$G%02%02G0S0G'#(%4#/$)%#2G%"+',2#/$2"%+2%"-$%50)",01"%#2G%50S0)0+2%($S$()%6,0+,%"+%"-$%
5$6#,"/$2"%7+',2#/$2"H%#2G%"-$2%#b$,%"-$%5$6#,"/$2"%7+',2#/$2"H%#()+%"-0)%G0)1(#0/$,%+*%
(0#=0(0"D%#66(0$)%"+%02G0S0G'#(%=#((%6(#D$,)%#2G%"$#/)%B-+%#GS#21$%"+%"-$%V#A+2#(%($S$(E%%7-$%
6#,$2")%#2G%*#/0(0$)%+*%#%=#((%6(#D$,%/')"%#))'/$%"-$%)+($%,0)]%#2G%(0#=0(0"D%*+,%"-$%/#22$,%
#2G%/+G$%+*%",#2)6+,"#A+2%+*%"-$%,$)6$1AS$%=#((%6(#D$,%#2G%=D%"-$%6#,$2")%+,%($4#(%
4'#,G0#2)%#11$6"#21$%+*%"-$)$%,'($)%=D%"-$%$2,+((/$2"%+*%#%=#((%6(#D$,H%)'1-%6#,$2")%+,%($4#(%
4'#,G0#2)%G+%-$,$=D%02G$/20*D%#2G%-+(G%-#,/($))%"-$%G$6#,"/$2"%*,+/%#2G%#((%(0#=0(0"D%*+,%
1(#0/)%#,0)024%+'"%+*%"-$%/+G$%+*%",#2)6+,"#A+2E%
?\@ .((%"$#/)%+'")0G$%"-$%abD%?O:@%/0($%,#G0')%+*%"-$%G$6#,"/$2"%"+',2#/$2"%)0"$%B0((%)"#D%#"%"-$%
)#/$%-+')024%)0"$E%%7-0)%0)%2+"%#2%+6A+2E%%U*%"-$%=#)$%)1-++(%0)%+'")0G$%"-$%abD%?O:@%/0($%(0/0"%
"-$%"$#/)%B0((%)"#D%02%"-$%G$6#,"/$2"%6,+S0G$G%-+')024E%
[8\ 4!]$5-46$5^45$-!5-%-:$5^-$.-34%56-!5$304]29__:$R]$455-!.8!7$4!.$304]8!7$8!$
5^-$.-34%56-!5$59/%!46-!5$^-%-R]$47%--:$59$S9!58!/-$59$5^-$!-`5$0-T-0$9_$
304]Q$8!S0/.8!7$400$!4589!40$304]29__:$/!580$5^-]$4%-$-0868!45-.$9_$5^-$
59/!46-!5$a8!!-%:H$$$
?Z@ 7W.I!%TkI>W7UV[%UV%7\W%5W>.&7IWV7%7kJ&V.IWV7%IJ!7%\.fW%.%IUVUIJI%kX%`%
&$40)"$,$G%#S#0(#=($%6(#D$,)%02%'20*+,/%02%+,G$,%"+%6#,A106#"$%02%"-$%5$6#,"/$2"%
7+',2#/$2"E%%.2D%)$20+,%"$#/%"-#"%G+$)%2+"%-#S$%`%6(#D$,)%#2G%"-$D%#,$%#l(0#"$G%B0"-%#%
P'20+,%6,+4,#/H%"-#2%'6%"+%Q%6(#D$,)%1#2%=$%",#2)*$,,$G%*,+/%"-$%P'20+,%6,+4,#/%"+%"-$%
)$20+,%6,+4,#/%"+%/$$"%"-$%`%6(#D$,%/020/'/E%>(#D$,)%/')"%=$%1$,Aa$G=D%"-$%5$6#,"/$2"%
T-#0,/#2%')024%"-$%.3<%X+,/%mOE%7-0)%,'($%B0((%#66(D%"+%"-$%-+0)"%"$#/%0*%#6(01#"=($E%
?g@ .%"$#/H%'6+2%#,,0S#(%#"%"-$%G$)042#"$G%-+"$(%B0((%6#D%#%M9::E::%1#)-%G$6+)0"%"+%1+S$,%
6+))0=($%G#/#4$%"+%"-$%-+"$(%=D%0")%6(#D$,)H%1+#1-$)H%+,%/#2#4$,)E%%7-0)%G$6+)0"%B0((%=$%6#0G%
#"%"-$%A/$%+*%"-$%-+"$(%,++/%02)6$1A+2%"+%=$%1+/6($"$G%=D%"-$%50,$1"+,%+*%U2"$,2#(%.C#0,)%
+,%-0)%G$)042#"$G%,$6,$)$2"#AS$%#2G%=D%"-$%"$#/%/#2#4$,%+,%-0)%G$)042#"$G%,$6,$)$2"#AS$E%%
7-0)%G$6+)0"%1#2%=$%6#,"%+*%"-$%"$#/)%/0($#4$%6#D/$2"H%-$(G%=#1]%'6+2%#,,0S#(%#2G%,$*'2G$G%
B-$2%"-$%"$#/)%1+/6($"$)%"-$%1-$1]%+'"%02)6$1A+2%6,+S0G$G%2+%G#/#4$%"+%"-$%-+"$(%
6,+6$,"D%-#)%+11',,$GE%%%
?3@ .33%2#A+2#(%,'($)%#2G%,$4'(#A+2)%#66(D%G',024%"-$%G$6#,"/$2"%"+',2#/$2"E%
%/0-$b$Z$7-!-%40$%/0-:$
?.@ .((%"$#/)%/')"%=$%1+S$,$G%=D%"-$%f#2%5D]$%./$,01#2%3$40+2%<#)$=#((%[,+'6%.110G$2"%#2G%
30#=0(0"D%U2)',#21$%6,0+,%"+%"-$%a,)"%G#D%+*%",D+'")E%%T+S$,#4$%B0((%=$%#'"+/#A1#((D%6',1-#)$G%
#"%"-$%A/$%"-$%"$#/%,$40)",#A+2%0)%#66,+S$G%=D%"-$%5$6#,"/$2"%<#)$=#((%T-#0,E%%f#2%5D]$%
02)',#21$%0)%"-$%+2(D%#66,+S$G%02)',#21$%#2G%#2D%+"-$,%+'")0G$%02)',#21$%B0((%2+"%=$%
#11$6"$GE%
?<@ ./$,01#2%3$40+2%<#)$=#((%6(#D$,)%+,%"$#/)%/#D%6#,A106#"$%02%+"-$,%#,/#"',$%=#)$=#((%
6,+4,#/)%)'=P$1"%"+%6,0+,%#66,+S#(%*,+/%"-$%5$6#,"/$2"%<#)$=#((%T-#0,E%%U7%U!%UI>k&7.V7%
7\.7%!JT\%>W&IU77W5%5J.3%>.&7UTU>.7UkV%!\kJ35%Vk7H%UV%.Vn%I.VVW&H%UV7W&XW&W%
RU7\%.%>3.nW&Y!%&W!kVUTU<U3U7n%7k%7\W%.IW&UT.V%3W[UkV%<.!W<.33%>&k[&.IE%
?T@ .%/$/=$,%+*%"-$%6+)"%)-+'(G%-#S$%1-#,4$%+*%"-$%"$#/%#)%/#2#4$,H%$81$6"%02%"-$%1#)$%+*%
+'")0G$%)6+2)+,)-06E%%.%2+2%($40+22#0,$%/#D%#1"%#)%1+#1-E%%.%"$#/%)-#((%-#S$%#%/$/=$,K
,$6,$)$2"#AS$%+*%"-$%./$,01#2%3$40+2%>+)"%6,$)$2"%#"%#((%50)",01"H%50S0)0+2H%#2G%!"#"$%
7+',2#/$2"%4#/$)%02%B-01-%"-$%"$#/%6#,A106#"$)E%%V+%/$/=$,%+*%"-$%./$,01#20)/%
T+//0))0+2%+,%5$6#,"/$2"%<#)$=#((%T+//0L$$%)-#((%=$%6$,/0L$G%"+%1+#1-%+,%/#2#4$%#%
=#)$=#((%"$#/%$2"$,$G%02%7-$%./$,01#2%3$40+2%1+/6$AA+2E%
?5@ k'")0G$%)6+2)+,)-06%0)%6$,/0))0=($H%)'=P$1"%"+%#66,+S#(%=D%#2G%'2G$,%"-$%1+2",+(%+*%"-$%
5$6#,"/$2"%<#)$=#((%T-#0,%#2G%'2G$,%,$4'(#A+2)%6,+/'(4#"$G%=D%"-$%G$6#,"/$2"E%
%/0-$c$Z$304]8!7$%-7/04589!:$$
?.@ J20*+,/)%
#E Teams%/')"%=$%'20*+,/$G%)"#,A24%#"%"-$%50)",01"%7+',2#/$2"%($S$(E%%.((%"$#/%
/$/=$,)%/')"%=$%02%6,+6$,%'20*+,/H%"-$,$%B0((%=$%2+%$81$6A+2)E%
=E 7-$%./$,01#2%3$40+2%<#)$=#((%02)0420#%/')"%=$%B+,2%+2%"-$%($b%)($$S$%+,%($b%=,$#)"%
+*%"-$%'20*+,/%)-0,"E%
1E 7-$%*,+2"%+*%"-$%'20*+,/%)-0,"%)-#((%1#,,D%+2(D%($L$,024%+,%B+,G024%"-#"%0G$2Aa$)%
"-$%6+)"H%G$6#,"/$2"H%"+B2H%10"DH%+,%1+//'20"D%B-01-%"-$%"$#/%,$6,$)$2")H%#2G%
"-$%+l10#(%"$#/%2#/$%(0)"$G%+2%"-$%"$#/%,$40)",#A+2%*+,/E%%7-0)%1#2%=$%02G0S0G'#(%
($L$,024%+,%#%6#"1-%+2%"-$%($b%=,$#)"E%%?V+%+"-$,%($L$,024%1#2%=$%+2%"-$%*,+2"%+*%"-$%
)-0,"%o$81$6"%#)%02%&'($%O%?1@%#=+S$p@E%
GE .%2'/=$,%#"%($#)"%q%021-$)%-04-%/')"%=$%1#,,0$G%+2%"-$%=#1]%+*%"-$%'20*+,/%)-0,"E%
$E 7-$%2#/$%+*%"-$%)6+2)+,%/#D%#66$#,%+2%"-$%=#1]%+*%"-$%'20*+,/%)-0,"E%
*E T#6)%B0((%=$%1+2)0G$,$G%#%6#,"%+*%"-$%'20*+,/%#2G%/')"%+*%#%'20*+,/%1+(+,%#2G%)"D($H%
021('G024%"-$%"$#/%(+4+E%
4E Coaches%#2G%I#2#4$,)%/')"%=$%02%'20*+,/E%%?7-0)%021('G$)%50)",01"%#2G%50S0)0+2H%#)%
B$((%#)%"-$%G$6#,"/$2"%6(#DE@%
?<@ k2(D%,$40)"$,$G%6(#D$,)%+,%#G'("%1+#1-$)%?2+"%"-$%/#2#4$,%+2%"-$%,$40)",#A+2%*+,/@%+*%
"-$%"$#/%#,$%6$,/0L$G%+2%"-$%1+#1-024%(02$)E%%.2D%#G'("%1+#1-%+,%6(#D$,%/#]024%#2D%
,$/#,])%+,%'2G'$%1,0A10)/%+*%+66+)024%6(#D$,)%0)%"+%=$%$P$1"$G%0//$G0#"$(D%*,+/%"-$%
4#/$E%%.2%#G'("%/')"%=$%02%"-$%G'4+'"%#"%#((%A/$)E%
?T@ J2G$,%2+%10,1'/)"#21$)%B0((%#2D%"$#/%=$%,$F'0,$G%"+%6(#D%/+,$%"-#2%"B+%4#/$)%02%#2D%
+2$%G#DE%%>(#D024%G#D)%B0((%=$402%#b$,%Nr::%.I%(+1#(%A/$E%
?5@ .((%6(#D$,)%#,$%,$F'0,$G%"+%B$#,%#%G+'=($%s#66$G%+,%6,+"$1AS$%-$(/$"%B-0($%=#h24%#2G%
,'22024%"-$%=#)$)E%%4!]$304]-%$%-_/:8!7$59$.9$:9$a800$!95$R-$3-%6855-.$59$
304]H%
)H T#"1-$,)%#,$%,$F'0,$G%"+%B$#,%)+/$%"D6$%+*%)#*$"D%-$(/$"H%/#)]H%#2G%1'6E$
JH 7-,+#"%6,+"$1"+,)%+2%#%1#"1-$,Y)%/#)]%#,$%/#2G#"+,DE%%.2D%1#"1-$,Y)%/#)]%"-#"%G+$)%
2+"%-#S$%#2%$8"$2G$G%/$"#(%"-,+#"%6,+"$1"+,%#"%($#)"%"B+%021-$)%02%($24"-%0)%
,$F'0,$G%"+%-#S$%#%)$1+2G%#L#1-#=($%"-,+#"%6,+"$1"+,E%%J/60,$)%#2G%+,%"+',2#/$2"%
+l10#(%)-#((%-#("%"-$%4#/$%'2A(%"-0)%,'($%0)%1+/6(0$G%B0"-E%%$
?H a^80-$a4%68!7$/3$4$385S^-%$45$4!]$586-Q$4$S45S^-%$9%$4S58!7$S45S^-%$
6/:5$a-4%$4$64:d$4!.$5^%945$3%95-S59%H$$4$304]-%$9%$S94S^$%-_/:8!7$
59$.9$:9Q$9%$4_5-%$%-3-45-.$T8904589!:$9_$5^8:$%/0-$R]$4$5-46$8:$S4/:-$
_9%$866-.845-$-L-S589!$9_$5^-$9__-!.8!7$304]-%$9%$S94S^H$$$$$$$
GE <#"%=+D)%#2G%40,()%/')"%=$%02%'20*+,/%#2G%B$#,%6,+"$1AS$%-$#G%4$#,E%
?W@ V+%6(#D$,%/#D%60"1-%/+,$%"-#2%#%"+"#(%+*%;9%022024)%G',024%#2D%1+2)$1'AS$%Q%G#D%6$,0+GE%%
V+%6(#D$,%/#D%/#]$%/+,$%"-#2%i%#66$#,#21$)%#)%#%60"1-$,%G',024%#2D%1+2)$1'AS$%Q%G#D%
6$,0+GE%%%
3-!405]r%%7-$%4#/$%)-#((%=$%*+,*$0"%8_%6,+"$)"%0)%a($G%B0"-%"-$%'/60,$%02%1-0$*%=$*+,$%"-$%
(#)"%+'"%+*%"-$%4#/$E%%
#E !-+'(G%#%G+'=($%+,%",06($%6(#D%1#')$%#%60"1-$,%"+%$81$$G%"-$%6$,/0L$G%;9%022024)%02%
Q%1+2)$1'AS$%G#D)H%"-#"%#1A+2%02%#2G%+*%0")$(*%)-#((%Vk7%=$%1+2)",'$G%#)%#%S0+(#A+2%
+*%"-0)%,'($E%
=E .2D%6(#D$,%/#D=$%,$/+S$G%*,+/%"-$%60"1-024%6+)0A+2%#2G%,$/#02)%02%"-$%4#/$%#"%
#2+"-$,%6+)0A+2E%%\+B$S$,H%#%60"1-$,%B0((%=$%#'"+/#A1#((D%,$/+S$G%B-$2%1+#1-%
/#($)%9%",06)%"+%"-$%/+'2G%02%"-$%)#/$%022024%#2G%"-$%6(#D$,%1#22+"%,$"',2%"+%"-#"%
4#/$%#)%#%60"1-$,E%
3-!405]e$7-$%4#/$%)-#((%=$%*+,*$0"%8_%6,+"$)"%0)%a($G%B0"-%"-$%'/60,$%02%1-0$*%=$*+,$%
"-$%(#)"%+'"%+*%"-$%4#/$E%
?X@ .%6(#D$,%/')"%=$%,$6(#1$G%#b$,%#%1+#1-H%/#2#4$,H%+,%2+2%6(#D024%6$,)+2%/#]$)%#%)$1+2G%
",06%"+%"-$%60"1-$,Y)%/+'2G%+,%1,+))$)%"-$%*+'(%(02$%#%)$1+2G%A/$%"+%"#(]%"+%#%G$*$2)0S$%
6(#D$,%+,%1#(()%A/$%+'"%#%)$1+2G%A/$%"+%"#(]%"+%#%G$*$2)0S$%6(#D$,%02%#2D%+2$%022024E%%7-$%
)#0G%60"1-$,%/#D%,$/#02%02%"-$%=#((%4#/$%#"%#2+"-$,%6+)0A+2E%%!\kJ35%.V%UVZJ&n%
kTTJ&H%7\.!7%.T7UkV%UV%U7!W3XH%Xk&%7\W%>Jn&>k!W%kX%7\U!%&J3W%!\.33%Vk7%U!%
TkV!7&JW5%.!%.%fUk3.7UkV%kX%7\U!%&J3WE%
?[@ W#1-%"$#/%)-#((%-#S$%#%a,)"%#0G%]0"%#S#0(#=($%#"%#((%A/$)E%
?\@ R++G$GH%/$"#(H%1$,#/01H%+,%4,#6-0"$%=#")%/#D=$%')$GE%
?U@ 7-$,$%B0((%2+"%=$%#%1+',"$)D%,'22$,E%%7-$%"$2%,'2%,'($H%#b$,%c%022024)%B0((%=$%')$G%#"%"-$%
G$6#,"/$2"%"+',2#/$2"H%'2($))%"-$%-+/$%"$#/%0)%#-$#G%=D%;:%,'2)%+,%/+,$%#b$,%q%t%
022024)E%%.((%G$6#,"/$2"%"+',2#/$2"%6(#D%)-#((%'A(0^$%7-$%./$,01#2%3$#4'$%G$)042#"$G%
-0L$,%,'($%#)%6'=(0)-$G%=D%7-$%!6+,A24%V$B)E%
?Z@ 7-$%')$%+*%#2D%*+,/%+*%"+=#11+%=D%#%6(#D$,H%1+#1-H%/#2#4$,H%+,%'/60,$%B-0($%+2%"-$%
6(#D024%a$(GH%=$21-$)H%02%"-$%='((6$2H%+,%G'4+'")H%0)%)",01"(D%6,+-0=0"$GE%%.2D%02G0S0G'#(%
S0+(#A24%"-0)%,'($%B0((%=$%$P$1"$G%*,+/%"-$%4#/$E%%%
?g@ 7-$%)(0G$K1+((0)0+2%,'($%)-#((%=$%02%$C$1"%#)%G$a2$G%02%"-$%V#A+2#(%./$,01#2%<#)$=#((%
,'($=++]H%&'($%;H%6(#D024%,$4'(#A+2)H%6#,#4,#6-%?W@E%
?3@ k2%5$1]%WF'06/$2"%
#E k2(D%=#")%/#D=$%')$G%02%B#,/024%'6%02%"-$%+2%G$1]%#,$#%+2%02%#2D%+"-$,%(+1#A+2E%
=E R$04-"$G%=#")H%G$S0)$)%G$)042$G%"+%#L#1-%"+%,$/#02%6#,"%+*%"-$%=#"H%)'1-%#)%
B$04-")%+,%B02G%,$)0)"#2"%*+0()%#,$%6$,/0L$GE%
1E !($G4$%-#//$,)H%B$04-"$G%606$)%#2G%+"-$,%-$#SD%6#,#6-$,2#(0#%#,$%2+"%6$,/0L$GE%
GE !#*$"D%+*%+"-$,%6(#D$,)%#2G%)6$1"#"+,)%0)%6#,#/+'2"E%%J2)#*$%G$S01$)%1#22+"%=$%
')$GE%%%
?I@ ./$,01#2%3$40+2%<#)$=#((%0)%6(#D$G%'2G$,%"-$%dkl10#(%<#)$=#((%&'($)eE%
%/0-$f$Z$304]-%$-0878R8085]$%-g/8%6-!5:$
?.@ ./$,01#2%3$40+2%<#)$=#((%1+/6$AA+2%02%9:9;%0)%+6$2%+2(D%"+%6(#D$,)%=+,2%+2%+,%#b$,%
Z#2'#,D%;H%9::9E%?Z'20+,%3$40+2%<#((%B0((%=$%#)%+'"(02$G%02%V#A+2#(%&'($%9@E%%>(#D$,)%1+/6$A24%
B-+%#,$%;N%D$#,)%+*%#4$%+,%+(G$,%/#D=$%)042$G%"+%#%6,+*$))0+2#(%=#)$=#((%1+2",#1"%02%
#11+,G#21$%B0"-%"-$%,'($)%+*%6,+*$))0+2#(%=#)$=#((E%
?<@ 7-$%6#,$2")%+,%1+',"%#66+02"$G%4'#,G0#2)%($4#(%,$)0G$21$%"-#"%#66(0$)%"+%6(#D$,)%$(040=0(0"D%
)-+'(G%=$%$)"#=(0)-$G%6,0+,%"+%I#,1-%Q;H%9:9;E%
?T@ T+/6$AA+2%0)%+6$2%"+%#,/#"',$)E%%7+%,$/#02%#2%#,/#"',$%#%6(#D$,%/')"%Vk7r%%
#E %&$1$0S$%/+2$DH%*#S+,)H%+,%4,#"'0A$)H%G0,$1"%+,%02G0,$1"H%*+,%6(#D024%=#)$=#((E%
=E >(#D%B0"-%+,%#4#02)"%#2D+2$%B-+%,$1$0S$)%/+2$DH%*#S+,)H%+,%4,#"'0A$)E%
1E .11$6"%/+2$D%+,%*#S+,)%*+,%,$0/=',)$/$2"%*+,%A/$%(+)"%#"%B+,]%B-0($%6(#D024%+,%*+,%
$86$2)$)%021',,$G%B-0($%6(#D024E%
GE >#,A106#A24%02%#2%#((j)"#,%=#)$=#((%4#/$%2+"%./$,01#2%3$40+2%#66,+S$GE%%%
?Vk7Wr%%>+)")H%50)",01")H%+,%50S0)0+2)%6(#22024%#2%#((j)"#,%4#/$%)-+'(G%1+2"#1"%"-$%
7$8#)%U2"$,)1-+(#)A1%3$#4'$%"+%1(#,0*D%#%=+DY)%-04-%)1-++(%$(040=0(0"DE@%%
$E .11$6"%G0,$1"(DH%02G0,$1"(DH%+,%#4,$$%"+%#11$6"%/+2$D%#2G%+,%#2D%*#S+,)%?#()+%"-$%
6#,$2")H%",')"$$)H%4'#,G0#2)H%$"1E@%+C$,$G%=D%#2D+2$%*+,%-0)%=#)$=#((%)$,S01$)H%6#)"H%
6,$)$2"H%+,%*'"',$E%
*E 7,D%+'"%B0"-%#2D%6,+*$))0+2#(%"$#/%B0"-+'"%B,0L$2%6$,/0))0+2%*,+/%-0)%1+#1-H%+,%
"-$%1',,$2"%>+)"%T+//#2G$,E%%?>,+*$))0+2#(%<#)$=#((%&'($%Qj?U@%+2%6#4$%Q%4+S$,2)%
",D+'")%#2G%/$,0")%+*%1+2",#1A24%B0"-%6,+*$))0+2#(%1('=)E@%%
?5@ &$1+,G)%+*%=0,"-%/')"%=$%+,0402#(%+,%#%)"#"$%1$,Aa$G%G+1'/$2"%*,+/%"-$%!"#"$%<',$#'%+*%f0"#(%
!"#A)A1)%+,%5$6#,"/$2"%+*%\$#("-%+,%+"-$,%4+S$,2/$2"#(%#4$21D%#'"-+,0^$G%"+%6,+G'1$%
=0,"-%G+1'/$2")E%%7-$%*+((+B024%#,$%2$S$,%#11$6"$G%#)%=0,"-%,$1+,G)r%%V+"#,0^$G%1+60$)%+*%
=0,"-%1$,Aa1#"$)H%-+)60"#(%,$1+,G)H%=#6A)/#(%,$1+,G)H%+,%)1-++(%,$1+,G)E%%7-$)$%B0((%G0)F'#(0*D%
#%6(#D$,%#2GK+,%#%"$#/E%
?W@ U2%1#)$%+*%*+,$042%=0,"-%"-$%6(#D$,%B0((%6,$)$2"%#2D%1$,Aa1#"$%+,%G+1'/$2"%G'(D%0))'$G%"+%"-$%
=$#,$,%=D%"-$%J20"$G%!"#"$)%U//04,#A+2%#2G%V#"',#(0^#A+2%)$,S01$H%+,%"-$%5$6#,"/$2"%+*%
!"#"$%B-01-%)-+B)%"-$%=0,"-%G#"$%+*%"-$%=$#,$,E%%kXXUTU.3%<U&7\%TW&7UXUT.7W!%k&%&WTk&5!%
U!!JW5%<n%.%Xk&WU[V%TkJV7&n%.&W%.TTW>7.<3W%R\WV%.TTkI>.VUW5%RU7\%.V%WV[3U!\%
7&.V!3.7UkVE%
?X@ .%6,+6$,(D%2+"#,0^$G%1+6D%+*%"-#"%6+,A+2%+*%($4#(%#G+6A+2%6#6$,)%)-+B024%"-$%6(#1$%#2G%
G#"$%+*%#%6(#D$,Y)%=0,"-%)-#((%=$%#11$6"#=($%02%1#)$)%02S+(S024%*+)"$,%6#,$2")E%
%/0-$E$Z$304]-%$%-S%/856-!5$
.((%F'$)A+2)%1+21$,2024%6(#D$,%,$1,'0"/$2"%#,$%,$*$,$21$G%02%"-$%./$,01#2%3$40+2%V#A+2#(%
&'($=++]H%&'($)%Q%#2G%iE%
%/0-$h$Z$3%95-:5:$
?.@ .((%6,+"$)"%+*%6(#D$,%$(040=0(0"D%/')"%=$%)6$10a1%B0"-%G$a20"$%B,0L$2%6,++*E%
?<@ U*%#%6(#D$,%0)%*+'2G%"+%=$%02$(040=($%?5'$%"+%$(040=0(0"D%,'($)@%"-$D%)-#((%=$%G0)F'#(0a$G%
0//$G0#"$(DE%%.((%4#/$)%02%B-01-%"-$%G0)F'#(0a$G%6(#D$,%6#,A106#"$G%)-#((%=$%*+,*$0"E%
?T@ >,+"$)")%+*%+l10#(%=#)$=#((%,'($%02"$,6,$"#A+2)%G',024%#1"'#(%4#/$%1+2G0A+2)%/')"%=$%/#G$%
]2+B2%"+%"-$%J/60,$%02%T-0$*%=$*+,$%"-$%2$8"%($4#((D%60"1-$G%=#((%0)%"-,+B2%*,+/%"-$%
60"1-$,Y)%/+'2GE%%U*%"-0)%0)%2+"%G+2$H%2+%6,+"$)"%B0((%=$%#11$6"$GE%
?5@ >,+"$)")%/')"%=$%/#G$%02%B,0A24%#2G%/#0($G%=D%,$40)"$,$G%($L$,%"+%"-$%5$6#,"/$2"%<#)$=#((%
T+//0L$$%#2G%/')"%=$%)042$G%=D%"-$%"$#/%/#2#4$,%#2GK+,%1+#1-%#2G%?0*%)6+2)+,$G%=D%#2%
./$,01#2%3$40+2%>+)"@%"-$%>+)"%T+//#2G$,%#2GK+,%>+)"%.GP'"#2"%B0"-02%iN%-+',)%#b$,%"-$%
0210G$2"%+11',,$GE%%.%1+6D%+*%"-$%6,+"$)"%)-#((%#()+%=$%/#0($G%#"%"-$%)#/$%A/$%"+%"-$%+l10#()%
+*%"-$%+66+)024%"$#/%=D%"-$%"$#/%a(024%"-$%6,+"$)"E%%>,+"$)")%/')"%=$%)6$10a1%02%1+/6(#02"%
#2G%)$"%*+,"-%B0"-%G$a20"$%6,++*E%%%
?W@ .%MO:E::%1#)-0$,Y)%1-$1]%+,%/+2$D%+,G$,%/')"%#11+/6#2D%"-$%6,+"$)"%)$2"%"+%G$6#,"/$2"E%%
7-$%*$$%B0((%=$%,$"',2$G%0*%"-$%6,+"$)"%0)%'6-$(GE%%U*%"-$%6,+"$)"%0)%+S$,,'($G%"-$%*$$%B0((%=$%
*+,*$0"$G%#2G%"-$%*$$%B0((%=$%G$6+)0"$G%02%"-$%5$6#,"/$2"%4$2$,#(%*'2G%#2G%1,$G0"$G%"+%"-$%
=#)$=#((%='G4$"E%%%
?X@ !-+'(G%#%6,+"$)"%+11',%G',024%#%5$6#,"/$2"%"+',2#/$2"%4#/$H%"-$%4#/$%B0((%=$%)"+66$G%
#2G%"-$%6,+"$)"%,'($G%+2%#"%"-$%A/$%=D%#%"+',2#/$2"%6,+"$)"%1+//0L$$%1+2)0)A24%+*%Q%
/$/=$,)%)$($1"$G%=D%#%G$6#,"/$2"%6,+4,#/%,$6,$)$2"#AS$u%%
?[@ V+2%4#/$%,$(#"$G%6,+"$)")%)'=/0L$G%G',024%#%)"#"$%"+',2#/$2"%B0((%=$%)'=/0L$G%B0"-%#%
M;::E::%*$$%02%"-$%*+,/%+*%#%1#)-0$,Y)%1-$1]%+,%/+2$D%+,G$,%#2G%#,$%)'=P$1"%"+%"-$%)#/$%
1+2G0A+2)%02%,'($%`%?W@%+*%"-0)%,'($=++]E%
%/0-$1W$2$S9!./S5$$$$$$
?.@ .2D%/#2#4$,H%1+#1-H%+,%6(#D$,%B-+%1+2G'1")%"-$/)$(S$)%02%#2%'24$2"($/#2(DH%'2G0420a$GH%
+,%'2)6+,")/#2(0]$%/#22$,%?B-01-%B+'(G%,$s$1"%6++,(D%+,%=,024%G0)1,$G0"%"+%"-0)%6,+4,#/@%
B-0($%6#,A106#A24%02%#2D%./$,01#2%3$40+2%<#)$=#((%1+/6$AA+2%)-#((%=$%,$/+S$G%*,+/%#2D%
*'"',$%6#,A106#A+2E%
?<@ V+%6(#D$,H%1+#1-H%/#2#4$,H%+,%6#,"D%?*#2H%6#,$2"H%)'66+,"$,@%#))+10#"$G%B0"-%#2D%./$,01#2%
3$40+2%<#)$=#((%7$#/%)-#((H%,0G$H%-$1]($H%#=')$H%+,%/#]$%#2D%'21+/6(0/$2"#,D%,$/#,])%
B-#")+$S$,%"+%#2D%+66+)024%6(#D$,H%"$#/H%+l10#(H%+,%)'66+,"$,%+*%#2+"-$,%"$#/E%%.2D%
02G0S0G'#(%S0+(#A24%+*%"-0)%,'($%)-#((%1#')$%"-$%4#/$%"+%=$%-#("$G%#2G%G$(#D$G%'2A(%"-$%
S0+(#"+,%0)%$P$1"$GE%
?T@ .2D%6(#D$,H%1+#1-H%/#2#4$,H%+,%6#,"D%#11+/6#2D024%#%"$#/%B0((%=$%)')6$2G$G%*+,%"-$%
,$/#02G$,%+*%"-$%4#/$%*,+/%"-$%A/$%+*%"-$%,'($%02*,#1A+2%0*%"-$Dr%
#E J)$%>,+*#2$%+,%S'(4#,%(#24'#4$E%
=E 7-,+B%=#")%+,%+"-$,%$F'06/$2"E%
1E I#]$%S'(4#,H%6,+*#2$H%+*%'22$1$))#,D%4$)"',$)%"+%*#2)%+,%+66+)024%6(#D$,)E%
GE &$)+,"%"+%'22$1$))#,D%,+'4-2$))%+2%"-$%a$(GE%
$E I#]024%S'(4#,H%6,+*#2$H%'22$1$))#,D%1+//$2")%+,%4$)"',$)%02%6,+"$)"%"+%#2%'/60,$Y)%
G$10)0+2E%%?k2(D%"-$%"$#/%1#6"#02%+,%1+#1-%/#D%#)]%*+,%#%1(#,0a1#A+2%+*%#%,'(024E%%
.,4'024%B0((%2+"%=$%"+($,#"$G@%
*E .%G$10)0+2%"+%"-$%G$a20A+2%+*%S'(4#,H%6,+*#2$H%+,%'22$1$))#,D%B0((%=$%($b%"+%"-$%
"+',2#/$2"%G0,$1"+,E%
%%%%%%%%%%
%/0-$11$Z$.-34%56-!540$L/%8:.85S89!$$%
% 4H$.">)*<C",<$%&'"($),;$%"B&')P=,(H$U"%0)%"-$%G'"D%+*%"-$%G$6#,"/$2"%?)"#"$@%=#)$=#((%
1+//0L$$%"+%*+,/'(#"$%,'($)%#2G%,$4'(#A+2)%"-#"%#,$%2+"%02%1+2s01"%B0"-%2#A+2#(%,'($)E%
;E%5$6#,"/$2"%,$1,'0A24%,'($)%/#D%=$%/+,$%,$)",01AS$%"-#2%2#A+2#(%,'($)E%
9E%5$6#,"/$2"%,'($)%B0((%021('G$%6,+1$G',$%*+,%6,+"$)")E%?7-$%6,+"$1A+2%#2G%)A/'(#A+2%
+*%1+/6$AA+2%/')"%=$%')$G%02%)$h24%"-$)$%,$4'(#A+2)E@%
QE%.%1+6D%+*%"-$%G$6#,"/$2"%,'($)%/')"%=$%a($G%B0"-%V#A+2#(%\$#GF'#,"$,)%=$*+,$%4>*+'$
1bQ$=F$<@"$B+G",$D")*E%5$6#,"/$2")%#,$%$21+',#4$G%"+%$/#0(%#%1+6D%+*%"-$0,%,'($)%"+%
J)("J)''i'"B+=,H=*BE%
RH$.">)*<C",<$%&'+,B(H$7-$%G$6#,"/$2"%=#)$=#((%1+//0L$$%)-#((%G$10G$%#((%F'$)A+2)H%G0)6'"$)%
#2G%6,+"$)")%B0"-02%#%G$6#,"/$2"E%7-$%G$6#,"/$2"%=#)$=#((%1+//0L$$%)-#((%-#S$%"-$%#'"-+,0"D%
"+%G0)F'#(0*D%+,%)')6$2G%#2D+2$%S0+(#A24%#%G$6#,"/$2"%+,%2#A+2#(%,'($E%
C. National Player Eligibility Rule Interpretations. The National
Americanism and Children & Youth Division shall make interpretations of
national rules.
1. All requests for interpretations must be in writing and routed through
the appropriate department baseball chairman or department adjutant.
Telegrams, e-mail and fax copies are considered written requests. Failure
to follow this procedure may result in suspensions and/or forfeiture of
fees.