The notes from the TLN Technology Forum

1. !"#$%&'()*$+#,-&./
0#,$123)3#4
5#)6$,"#$7#2#8,9$
:&$;,$1)9(*<

2. FG#.G(#-
- !"#$%&'()*$%=$
:&$>#$+##4$!&$1?6*)(2$;,@
- +,"'!%$*'+,%-'."/01
;2,#3.)A23$%&'()*$B#4()$;2,&$)$B)./#A23$C*)2
- 2)&&'()'34"5-'6"578)&9=$
123)3(23$C&9,$;4#)9$D&.$:(E#.#2,$+#,-&./9
- :$;)'<$7)'<"7'=%>)?)@=$
!&&*9$,&$B)/#$(,$1)9(#.

3. %*(4#9$)24$2&,#9$-(**$H#$
)G)(*)H*#$),=
---I/)H#.3#.&2I'&J$

4. !"#$%&'()*$%+
,"'-)'.))*'/"'012&%$3'4/5
KL2<$,#'"2&*&3<$,"),$)**&-9$D&.$M9#.K4#9(32#4$'&2,#2,$)24$(2,#.)'A&2
!"#$%&'()*+*,(,$&#-.(/&)0..-/*)(10/&(/2&)0++(304(10/
K!"#<$).#$MH(NM(,&M9=$O)'#H&&/P$!-(Q#.P$!MJH*.P$C(2,.#9,P$O&M.9NM).#$)24$0&&3*#R$).#$)**$'&JJ&2$#?)J6*#9
K7M,$&,"#.$9&'()*$2#,-&./9$-&M*4$(2'*M4#=$S#*6P$>(/(6#4()P$H*&39P$(29,)2,$J#99)3(23P$)24$'.&-49&M.'(23
K;2$LM3M9,$TUVVP$)$C#-$9,M4<$D&M24$,"),$WXY$&D$&2*(2#$)4M*,9$M9#$9&'()*$2#,-&./(23$9(,#9P$-(,"$H&&J#.9$H#(23$
,"#$H(33#9,$3.&-(23$9#3J#2,
KZ#,$,"#$9,)A9A'9$96#)/$D&.$,"#J9#*G#9$[$(D$<&M.$6),.&29$).#$,"#.#P$<&M$2##4$,&$H#$,"#.#I
C#-$%,M4<=$"Q6=]]6#-(2,#.2#,I&.3]5#6&.,9]TUVV]%&'()*K+#,-&./(23K%(,#9I)96?^
;J)3#$D.&J=$"Q6=]]NM#9A#.I'&J]C"&,&9]TUU_U`ab%L],2]
TUU_UcVVKV_dXedab%LaB)99)'"M9#Q9a7&9,&2a%&'()*a+#,-&./(23aC),.&2If63I",J*^

5. %&'()*$+#,-&./(23$C*)2
G9I
%&'()*$+#,-&./(23$C&*('<
VU$BM9,$g)G#9$D&.$S&M.$%&'()*$+#,-&./(23$C*)2=$"Q6=]]J)9")H*#I'&J]TUU_]UW]UT]9&'()*KJ#4()K6&*('<K
JM9,9]
!)J#$,"#$>#H$B('")#*$%,#6"#29^$[$L2<,&-2h9$%&'()*$+#,-&./(23$C&*('<=$"Q6=]],)J#,"#-#HI'&J]
TUVU]UW]VU])2<,&-2K6MH*('K*(H.).<9K9&'()*KJ#4()K6&*('<]

6. +,"'!%$*'+,%-'."/01
43/)67%836'!"#$%&'()*$%'43/"'%'(%79)836':&%3
K1G#.<$*(H.).<$+11:%$,&$")G#$)$J)./#A23$6*)2
K$$$5'&%0-&20/6,&#(7$&(&.(48$1/9&:+(/;&,4%;&<=+-$:4*/,&'04&>0-4&?*34(4%&@(48$1/9&A+(/B&C&D-*2$&,0&E$+:&>0-&
F-47*7$&(/2&"#4*7$G&3%&A(,4*)*(&EH&I*J#$4&(/2&@(4J$*++$&@H&A4*2$&K'40.&C?CL
KL$J)./#A23$6*)2$(2'*M4#9$4#,#.J(2(23$<&M.$,).3#,$J)./#,P$4#82(23$<&M.$9#.G('#9P$9#i23$3&)*9P$)24$,)/(23$
)'A&2$,&$6.&J&,#$,"#$*(H.).<
K%&'()*$J#4()$(9$)2$#)9<$)24$M2(2,.M9(G#$-)<$,&$J)./#,$,"#$*(H.).<$(2$<&M.$6),.&2h9$*(G#9$#G#.<4)<$*(G#9I
K;,h9$(2D&.J)*$)24$DM2
K%&'()*$J#4()$')2$)*9&$H#$3.#),$-&.4K&DKJ&M,"$J)./#A23$H<$<&M.$6),.&29$[$#)9(*<$D&.$,"#J$)24$,&$<&M.$
)4G)2,)3#
7*M#6.(2,$D&.$S&M.$Z(H.).<$B)./#A23$C*)2=$"Q6=]]---I)*)9,&.#I)*)I&.3]4#,)(*I)96?@;:jTTe`^

7. +,"'!%$*'+,%-'."/01
43/)67%836'!"#$%&'()*$%'43/"'%'(%79)836':&%3
K%&'()*$J#4()$(92h,$*(/#$&,"#.$D&.J9$&D$J)./#A23P$)24$,&$H#$#E#'AG#$(,$')2h,$J(JJ('/$&,"#.$/(249$&D$
J)./#A23=
K$$C.#99$5#*#)9#9
K$$B)./#A23$k)J6)(329
K0#,$.#)4<$,&$H#
K$$$5/'04.(+
K$$$OM2
K$$$;2,#.#9A23
K$$$k.#)AG#
K$$$k&29(9,#2,
K$$$;2,#.)'AG#
K$$$k&JJM2(')AG#

8. 2)&&'()'34"5-'6"578)&9+'
036%6$36':";/'4*)%;'<"7',$=)7)3/'.)/>"79;
>"),$4&$-#$-)2,$@
M$&N(/,&,0&3$&M(,$4&O00+$4&O0/7$4J(10/B!"#$-),#.$'&&*#.$fM9,$3&,$)$*&,$H(33#.I
;2$%&'()*$B#4()$,#.J9=
k&2G#.9)A&2
5#,-##,9]%").#9
Z(/#9
O&**&-9
;J)3#=$"Q6=]]---Il('/.I'&J]6"&,&9]*(H.).<a&Da'&23.#99]eXeeWcdX`T]^

9. >"),$<&M$9"&M*4$J)/#$9M.#$+F!$,&$4&=
KF2*<$6&9A23$#G#2,9
KF2*<$6&9A23$,#?,
KF2*<$6&9A23P$2#G#.$.#96&24(23

10. >#$9"&M*4$H#=
Kb9(23$(J)3#9$)24$J#4()$,&$9M66*#J#2,$&M.$6&9,9
K!)*/(23$)H&M,$,"(239$,"),$).#$DM2$)24$(2,#.#9A23$#G#2$(D$M2.#*),#4$,&$,"#$*(H.).<^
Kk&2G#.9(23$-(,"$6#&6*#
Kk&J(23$M6$-(,"$'.#)AG#$J)./#A23$')J6)(329
Kk&29(9,#2,=$B)/#$,"#$J#99)3#$,"#$9)J#P$HM,$6".)9#$(,$,&$J##,$,"#$)M4(#2'#

11. 2)&&'()'34"5-'6"578)&9=$
I()$3008
K!"#$J&9,$6&6M*).$9&'()*$2#,-&./
K;,h9$)*9&$,"#$J&9,$6&6M*).$,&$4.(G#$HM<(23$4#'(9(&29=$d`Y$&D$LJ#.(')29$9)(4$,"),$O)'#H&&/$")4$,"#$3.#),#9,$
(J6)',$&2$6M.'")9#$H#")G(&.$)''&.4(23$,&$14(9&2$5#9#).'"^
K;,$(9$)$3.#),$6*)'#$,&$J##,$<&M.$M9#.$(2$DM2$)24$'.#)AG#$-)<9I
>#H9(,#=$"Q6=]]---ID)'#H&&/I'&J^

12. D)'#H&&/$-&./=$b9(23$(J)3#9$)24$J#4()]H#(23$*#99$D&.J)*$3#,9$<&M$J&.#$*(/#9$m$9").#9$7)*4-(2h9$6)3#^
!"#9#$).#$)**$#?)J6*#9$D.&J$7)*4-(2h9$D)'#H&&/$6)3#=
KPL I*4J,&N$&2*2&(&:4094(.&(//0-/)$.$/,&N*,#&/0&:*),-4$J&04&:*QQ(QQH&R01)$;&/0&+*8$J&04&J#(4$J
KSL "#$/&N$&2*2&(&2*T$4$/,&:4094(.&(//0-/)$.$/,;&,#*J&1.$&N*,#&(/&(+.0J,&/0,#*/9&:*),-4$H&R01)$B&S&
+*8$JH&
KUL "#$/&N$&:-,&-:&(&:4094(.&(//0-/)$.$/,&N*,#&(&/0,#*/9&:*),-4$&(/2&(&+*/8B&V&+*8$J&(/2&S&)0..$/,J&
KN#*)#&N$&4$J:0/2$2&,0L
KVL "#$/&N$&:-,&-:&(&:*),-4$&N*,#&J0.$&:*QQ(QQH&SW&+*8$J&(/2&(&J#(4$H&
7)*4-(2h9$D)'#H&&/$6)3#=$"Q6=]]---ID)'#H&&/I'&J]H)*4-(2*(H^

13. D)'#H&&/$-&./=$b9(23$(J)3#9$)24$J#4()]H#(23$*#99$D&.J)*$3#,9$<&M$J&.#$*(/#9$m$9").#9$7)*4-(2h9$6)3#^
!"#9#$).#$)**$#?)J6*#9$D.&J$7)*4-(2h9$D)'#H&&/$6)3#=
KPL I*4J,&N$&2*2&(&:4094(.&(//0-/)$.$/,&N*,#&/0&:*),-4$J&04&:*QQ(QQH&R01)$;&/0&+*8$J&04&J#(4$J
KSL "#$/&N$&2*2&(&2*T$4$/,&:4094(.&(//0-/)$.$/,;&,#*J&1.$&N*,#&(/&(+.0J,&/0,#*/9&:*),-4$H&R01)$B&S&
+*8$JH&
KUL "#$/&N$&:-,&-:&(&:4094(.&(//0-/)$.$/,&N*,#&(&/0,#*/9&:*),-4$&(/2&(&+*/8B&V&+*8$J&(/2&S&)0..$/,J&
KN#*)#&N$&4$J:0/2$2&,0L
KVL "#$/&N$&:-,&-:&(&:*),-4$&N*,#&J0.$&:*QQ(QQH&SW&+*8$J&(/2&(&J#(4$H&
7)*4-(2h9$D)'#H&&/$6)3#=$"Q6=]]---ID)'#H&&/I'&J]H)*4-(2*(H^

14. D)'#H&&/$-&./=$b9(23$(J)3#9$)24$J#4()]H#(23$*#99$D&.J)*$3#,9$<&M$J&.#$*(/#9$m$9").#9$7)*4-(2h9$6)3#^
!"#9#$).#$)**$#?)J6*#9$D.&J$7)*4-(2h9$D)'#H&&/$6)3#=
KPL I*4J,&N$&2*2&(&:4094(.&(//0-/)$.$/,&N*,#&/0&:*),-4$J&04&:*QQ(QQH&R01)$;&/0&+*8$J&04&J#(4$J
KSL "#$/&N$&2*2&(&2*T$4$/,&:4094(.&(//0-/)$.$/,;&,#*J&1.$&N*,#&(/&(+.0J,&/0,#*/9&:*),-4$H&R01)$B&S&
+*8$JH&
KUL "#$/&N$&:-,&-:&(&:4094(.&(//0-/)$.$/,&N*,#&(&/0,#*/9&:*),-4$&(/2&(&+*/8B&V&+*8$J&(/2&S&)0..$/,J&
KN#*)#&N$&4$J:0/2$2&,0L
KVL "#$/&N$&:-,&-:&(&:*),-4$&N*,#&J0.$&:*QQ(QQH&SW&+*8$J&(/2&(&J#(4$H&
7)*4-(2h9$D)'#H&&/$6)3#=$"Q6=]]---ID)'#H&&/I'&J]H)*4-(2*(H^

15. D)'#H&&/$-&./=$b9(23$(J)3#9$)24$J#4()]H#(23$*#99$D&.J)*$3#,9$<&M$J&.#$*(/#9$m$9").#9$7)*4-(2h9$6)3#^
!"#9#$).#$)**$#?)J6*#9$D.&J$7)*4-(2h9$D)'#H&&/$6)3#=
KPL I*4J,&N$&2*2&(&:4094(.&(//0-/)$.$/,&N*,#&/0&:*),-4$J&04&:*QQ(QQH&R01)$;&/0&+*8$J&04&J#(4$J
KSL "#$/&N$&2*2&(&2*T$4$/,&:4094(.&(//0-/)$.$/,;&,#*J&1.$&N*,#&(/&(+.0J,&/0,#*/9&:*),-4$H&R01)$B&S&
+*8$JH&
KUL "#$/&N$&:-,&-:&(&:4094(.&(//0-/)$.$/,&N*,#&(&/0,#*/9&:*),-4$&(/2&(&+*/8B&V&+*8$J&(/2&S&)0..$/,J&
KN#*)#&N$&4$J:0/2$2&,0L
KVL "#$/&N$&:-,&-:&(&:*),-4$&N*,#&J0.$&:*QQ(QQH&SW&+*8$J&(/2&(&J#(4$H&
7)*4-(2h9$D)'#H&&/$6)3#=$"Q6=]]---ID)'#H&&/I'&J]H)*4-(2*(H^

16. 7#9,$&D$,"#$H#9,=$O)'#H&&/
O4(*9#$(2&O0-/,%&X0/$J3040&A-3+*)&?*34(4%
!"#<h.#$(2,#3.)A23$)2$#<#$'),'"(23$2#-$J)./#A23$')J6)(32P$H)9#4$M6&2$)2$(2,#.2#,$J#J#$(2,&$,"#(.$
6"<9(')*$J)./#A23P$)24$9").(23$(,$&2$D)'#H&&/$[$-"#.#$(,$(9$(2'.#4(H*<$AJ#*<$)24$#<#$'),'"(23
C*4&D-*,(4
O(++&@$&@(%3$
C++&I0-4&(2J
k.)(39"#)4$k&M2,<$O)'#H&&/$C)3#=$"Q6=]]---ID)'#H&&/I'&J]''f6*^
L.A'*#$)H&M,$!"#(.$L4$k)J6)(32=$"Q6=]]---I(2D&,&4)<I'&J]J*9]9#6VT]7(nn*#KKg&-K!&KKLKC"(*&9&6"<K&DK
7&*4KC.&J&A&2K(2KL./)29)9I9",J*^

17. 7#9,$&D$,"#$H#9,=$O)'#H&&/
O4(*9#$(2&O0-/,%&X0/$J3040&A-3+*)&?*34(4%
!"#<h.#$(2,#3.)A23$)2$#<#$'),'"(23$2#-$J)./#A23$')J6)(32P$H)9#4$M6&2$)2$(2,#.2#,$J#J#$(2,&$,"#(.$
6"<9(')*$J)./#A23P$)24$9").(23$(,$&2$D)'#H&&/$[$-"#.#$(,$(9$(2'.#4(H*<$AJ#*<$)24$#<#$'),'"(23
C*4&D-*,(4
O(++&@$&@(%3$
C++&I0-4&(2J
k.)(39"#)4$k&M2,<$O)'#H&&/$C)3#=$"Q6=]]---ID)'#H&&/I'&J]''f6*^
L.A'*#$)H&M,$!"#(.$L4$k)J6)(32=$"Q6=]]---I(2D&,&4)<I'&J]J*9]9#6VT]7(nn*#KKg&-K!&KKLKC"(*&9&6"<K&DK
7&*4KC.&J&A&2K(2KL./)29)9I9",J*^

18. 7#9,$&D$,"#$H#9,=$O)'#H&&/
O4(*9#$(2&O0-/,%&X0/$J3040&A-3+*)&?*34(4%
!"#<h.#$(2,#3.)A23$)2$#<#$'),'"(23$2#-$J)./#A23$')J6)(32P$H)9#4$M6&2$)2$(2,#.2#,$J#J#$(2,&$,"#(.$
6"<9(')*$J)./#A23P$)24$9").(23$(,$&2$D)'#H&&/$[$-"#.#$(,$(9$(2'.#4(H*<$AJ#*<$)24$#<#$'),'"(23
C*4&D-*,(4
O(++&@$&@(%3$
C++&I0-4&(2J
k.)(39"#)4$k&M2,<$O)'#H&&/$C)3#=$"Q6=]]---ID)'#H&&/I'&J]''f6*^
L.A'*#$)H&M,$!"#(.$L4$k)J6)(32=$"Q6=]]---I(2D&,&4)<I'&J]J*9]9#6VT]7(nn*#KKg&-K!&KKLKC"(*&9&6"<K&DK
7&*4KC.&J&A&2K(2KL./)29)9I9",J*^

19. 7#9,$&D$,"#$H#9,=$O)'#H&&/
O4(*9#$(2&O0-/,%&X0/$J3040&A-3+*)&?*34(4%
!"#<h.#$(2,#3.)A23$)2$#<#$'),'"(23$2#-$J)./#A23$')J6)(32P$H)9#4$M6&2$)2$(2,#.2#,$J#J#$(2,&$,"#(.$
6"<9(')*$J)./#A23P$)24$9").(23$(,$&2$D)'#H&&/$[$-"#.#$(,$(9$(2'.#4(H*<$AJ#*<$)24$#<#$'),'"(23
C*4&D-*,(4
O(++&@$&@(%3$
C++&I0-4&(2J
k.)(39"#)4$k&M2,<$O)'#H&&/$C)3#=$"Q6=]]---ID)'#H&&/I'&J]''f6*^
L.A'*#$)H&M,$!"#(.$L4$k)J6)(32=$"Q6=]]---I(2D&,&4)<I'&J]J*9]9#6VT]7(nn*#KKg&-K!&KKLKC"(*&9&6"<K&DK
7&*4KC.&J&A&2K(2KL./)29)9I9",J*^

20. 2)&&'()'34"5-'6"578)&9+'
036%6$36':";/'4*)%;'<"7',$=)7)3/'.)/>"79;
- k.#)AG#$J)./#A23$')J6)(329
- ;2,#.)'A23$-(,"$&,"#.$*&')*$&.3)2(n)A&29
- C&**9
- L9/$NM#9A&29
- 5M2$'&2,#9,9
O)'#H&&/$C&9,$;4#)9=
k.#)AG#$J)./#A23$')J6)(329
;2,#.)'A23$-(,"$&,"#.$*&')*$&.3)2(n)A&29$'(,<$3&G#.2J#2,9P$HM9(2#99#9P$#,'II$[$,"#<h.#$)**$&2$D)'#H&&/$)24$
,"#<$-&M*4$*&G#$H&,"$,"#$.#'&32(A&2$)24$-(**$H#$J&.#$*(/#*<$,&$.#9").#^
C&**9
L9/$NM#9A&29$(,$4(42h,$-&./$D&.$M9P$HM,$(,$")9$-&./#4$D&.$)$*&,$&D$6#&6*#^
5M2$'&2,#9,9$7&&/$!(,*#9$>(,"$7)'&2^

21. 2)&&'()'34"5-'6"578)&9=$
"N*Y$4
K$Fo'()**<$2&$*&23#.$)2$M6K)24K'&J(23$2#,-&./
K!"#$*#)9,$6&6M*).$6*)'#$D&.$HM<(23$4#'(9(&29P$HM,$&2#$&D$,"#$H#9,$6*)'#9$D&.$'&2G#.9)A&2$-(,"$6),.&29
K>"(*#$,-(Q#.$')2$H#$6&-#.DM*P$<&M$")G#$,&$M9#$(,$,&$*#).2$(,I$O&.$#?)J6*#P$<&M$")G#$,&$*#).2$,"#$*(23&=$
")9",)3]D)G&.(,#].#,-##,]p.#6*<
K>#H9(,#=$"Q6=]]---I,-(Q#.I'&J^

22. p.#6*<
L$6MH*('$.#96&29#$,&$)2$(24(G(4M)*$6#.9&2
1**#2$&2$!-(Q#.=$"Q6=]],-(Q#.I'&J]!"#1**#2%"&-^

23. :B
L$6.(G),#P$4(.#',$.#96&29#$,&$)$6#.9&2

24. O)G&.(,#
L$D)G&.(,#$,-##,P$9)G#4$D&.$<&M$&2$)$*(9,I
0#&.3#$!)/#($&2$!-(Q#.=$"Q69=]],-(Q#.I'&J]0#&.3#!)/#(^

25. 5#,-##,
5#K6&9,$9&J#&2#$#*9#h9$,-##,$,&$<&M.$,-(Q#.$D##4
7)*4-(2h9$,-(Q#.$6)3#=$"Q6=]]---I,-(Q#.I'&J]H)*4-(2*(H^

26. g)9",)3
7.(23$)$-"&*#$*(9,$&D$,-##,9$,&3#,"#.$D&.$#)9<$9#).'"(23I$Fq#2$.#*),#4$,&$,.#24(23$,&6('9

27. r*(H.).()2,"M3*(D#

28. !-(Q#.=$7)4
;hJ$6('/(23$&2$,"(9$*(H.).<$H#')M9#$;$/2&-$,"),$(,$")9$,"#$DM24(23P$,"#$J#)29P$)24$,"#$,#'"2&*&3<$/2&-$"&-$
,&$4&$!-(Q#.$H#Q#.I
CCZ?
!"#.#$(9$2&,"(23$9&'()*$)24$,"#.#$(9$2&,"(23$(2,#.)'AG#I$!"#<$fM9,$,-##,$6.&3.)J9I$1G#2$,"&M3"$,"#<$")G#$)$
*&,$&D$D&**&-#.9P$;$-&M*4$).3M#$,"),$,"),h9$J&.#$)$.#l#'A&2$&D$,"#(.$'&JJM2(,<$,")2$(,$(9$)$.#l#'A&2$&D$,"#$
2MJH#.$&D$6#&6*#$,"),$,"#<$.#)'"I$S&M.$3&)*P$)9$)$*(H.).<P$9&M*4$2&,$)*-)<9$H#$2MJH#.9$[$;$/2&-$,"),$-#$")G#$
)$9&'(#,<$D&'M9#4$&2$2MJH#.9P$HM,$-"),h9$,"#$6&(2,$&2$6.&G(4(23$)$9#.G('#$,&$)$*&,$&D$6#&6*#P$(D$<&M$6.&G(4#$(,$
6&&.*<I$
LL:Z$&2$!-(Q#.=$"Q69=]],-(Q#.I'&J]))4*^

29. !-(Q#.=$0&&4
;hJ$3(G(23$,"(9$&2#$,&$,"#$R>A?I$7M,P$(2$')9#$<&M$,"(2/$,"),$<&M$')2h,$4&$(,$,"),$-#**$[$<&M$4&2h,$")G#$,"&9#$
/(249$&D$.#9&M.'#9=$-),'"
D[A?
+SCZ$&2$!-(Q#.=$"Q69=]],-(Q#.I'&J]2<6*^
05CZ$&2$!-(Q#.=$"Q69=]],-(Q#.I'&J]3.6*^

30. !-(Q#.=$0&&4
;hJ$3(G(23$,"(9$&2#$,&$,"#$R>A?I$7M,P$(2$')9#$<&M$,"(2/$,"),$<&M$')2h,$4&$(,$,"),$-#**$[$<&M$4&2h,$")G#$,"&9#$
/(249$&D$.#9&M.'#9=$-),'"
D[A?
+SCZ$&2$!-(Q#.=$"Q69=]],-(Q#.I'&J]2<6*^
05CZ$&2$!-(Q#.=$"Q69=]],-(Q#.I'&J]3.6*^

31. 2)&&'()'34"5-'6"578)&9+'
036%6$36':";/'4*)%;'<"7',$=)7)3/'.)/>"79;
- -)'*"'%'?'*%@'7"/%8"3'7)6A&%7&@'>$/B'"/B)7'<A3'/B$36;'
/B7">3'$3C'!"'>)'93">'/B%/')D)7@'*%@'/B)7)'>$&&'E)'%/'&)%;/'
"3)'/>))/+
– ("3*%@+'&$E7%7@')D)3/
– FA);*%@+'.)>'G""9;H.)>'("D$);'I&$39)*'/"':$3/7);/J
– -)*3);*%@+'IKJ'L$E7%7@'MA"/);N'G)B$3*'/B)';#)3);'2B"/";
– FBA7;*%@+'O&$E7%7@/7$#9;
– P7$*%@+'OPP'%3*'OP7$*%@Q)%*;'IE"/B'/>$R)7>$*)'/7)3*;J
– !%/A7*%@+'O"3/B);B)&<'O;/%=2$#9;
– !A3*%@+'G""9'.)>;'"7'L"#%&'0D)3/
- FB)'$/)S;'/B%/'6)/'/B)'S";/'7);2"3;)'%7)'.TF'%'2%7/'"<'"A7'
UD)'*%@'7"/%8"3C
123)3(23$C&9,$;4#)9=
>#$4&$)$`$4)<$.&,)A&2$.#3M*).*<$-(,"$&,"#.$DM2$,"(239$,".&-2$(2I$%&$-#$/2&-$,"),$#G#.<$4)<$,"#.#$-(**$H#$),$
*#)9,$&2#$,-##,=
B&24)<=$*(H.).<$#G#2,
!M#94)<=$+#-$7&&/9]+#-$B&G(#9$*(2/#4$,&$C(2,.#9,^
>#42#94)<=$T^$Z(H.).<$NM&,#9P$7#"(24$,"#$9'#2#9$6"&,&9
!"M.94)<=$r*(H.).<,.('/9
O.(4)<=$rOO$)24$rO.(4)<5#)49$H&,"$,-(Q#.-(4#$,.#249^
%),M.4)<=$r&2,"#9"#*D$r9,)E6('/9
%M24)<=$7&&/$+#-9$&.$Z&')*$1G#2,9

32. 2)&&'()'34"5-'6"578)&9=$
Z(2/#4;2
KZ(2/#4;2$(9$J&9,*<$M9#4$H<$f&H$9##/#.9
K7M,$(,$")9$)$*&,$&D$D#),M.#9$,&$"#*6$6.&J&,#$<&M.$HM9(2#99
K!"#.#$(9$)$-)<$,&$.#)'"$)$6).A'M*).$)M4(#2'#
KZ#99$'.#)AG#$J)./#A23$-(**$"#*6$<&M$"#.#I
>#H9(,#=$"Q6=]]---I*(2/#4(2I'&J]^

33. Z(2/#4;2=$7)4
>#h.#$3&(23$,&$6('/$&2$)2&,"#.P$*).3#.$*(H.).<$-"&$;$"&6#$(92h,$"#.#^
O+*/,0/&@()0.3&A-3+*)&?*34(4%
!"#<$")G#2h,$#G#2$'*)(J#4$,"#(.$9(,#I$;hJ$)',M)**<$J&.#$&/$-(,"$,"(9P$,")2$;$)J$-(,"$'*)(J(23$<&M.$6)3#$)24$
*#i23$(,$3#,$&M,$&D$4),#I$%A**P$'*)(J(23$<&M.$9(,#$(9$,"#$8.9,$9,#6$(2$")G(23$)$9&'()*$J#4()$6.#9#2'#
kBCZ$&2$Z(2/#4;2=$"Q6=]]---I*(2/#4(2I'&J]'&J6)2<]'*(2,&2KJ)'&JHK6MH*('K*(H.).<^

34. Z(2/#4;2=$0&&4
;$4(42h,$824$)$9(23*#$*(H.).<$,"),$;$*(/#4P$9&$-#h.#$3&(23$,&$M9#$)2$#?)J6*#$D.&J$)2&,"#.$(24M9,.<
*:)(4&0/&?*/8$25/
!"#<$")G#$)2$&G#.G(#-P$HM,$;hJ$"(3"*(3"A23$,"#(.$9#.G('#9$"#.#$[$9&J#,"(23$#)9<$,&$)44$,&$<&M.$*(2/#4(2$
6.&8*#I
s(6').$&2$Z(2/#4;2=$"Q6=]]---I*(2/#4(2I'&J]'&J6)2<]n(6').^

35. 2)&&'()'34"5-'6"578)&9+'
036%6$36':";/'4*)%;'<"7',$=)7)3/'.)/>"79;
K$$$k&2,.&*$<&M.$Z(2/#4;2$HM9(2#99
K >.(,#$)$*(Q*#$H(,$)H&M,$<&M.$6.&4M',9$)24$9#.G('#9
K 7#$&6#2$,&$.#'#(G(23$.#'&JJ#24)A&29$)H&M,$<&M.$
HM9(2#99$D.&J$6#&6*#
K C.&J&,#$<&M.$HM9(2#99$)24$9#.G('#9
K b9#$6(',M.#9$)24$9,),M9$M64),#9
K k&22#',$-(,"$&,"#.$'&J6)2(#9$)24$*&')*$)24$
.#3(&2)*$&.3)2(n)A&29
K b9#$#G#2,9$,&$6.&J&,#$<&M.$J##A239$)24$
123)3(23$C&9,$;4#)9=
Z(2/#4;2
K$k&2,.&*$<&M.$*(2/#4$(2$HM9(2#99
K>.(,#$)$*(Q*#$H(,$)H&M,$<&M.$6.&4M',9$)24$9#.G('#9
K7#$&6#2$,&$.#'#(G(23$.#'&JJ#24)A&29$)H&M,$<&M.$HM9(2#99$D.&J$6#&6*#$)24$3(G#$.#'&JJ#24)A&29$
<&M.9#*D^
KC.&J&,#$<&M.$HM9(2#99$)24$9#.G('#9
Kb9#$6(',M.#9$)24$9,),M9$M64),#9
Kk&22#',$-(,"$&,"#.$'&J6)2(#9$)24$*&')*$)24$.#3(&2)*$&.3)2(n)A&29$,&$"#*6$D&.J$,"&9#$JM'"$'&G#.#4$
'&JJM2(,<$6).,2#.9"(69
Kb9#$#G#2,9$,&$6.&J&,#$<&M.$J##A239$)24$'&2D#.#2'#9$[$#2'&M.)3#$#J6*&<##9$,&$'.#),#$)24$H#'&J#$)$6).,$
&D$6.&D#99(&2)*9$3.&M69$9&$,"),$,"#<$')2$/##6$M6$,&$4),#$&2$,"#$*),#9,$2#-9$(2$,"#(.$8#*4P$)9$-#**$)9$9&$,"),$
,"#<$')2$9#24$&M,$M64),#9$)24$#G#2,9$,&$(2,#.#9,#4$6).A#9
K;2,.&4M'#$<&M.9#*D$,&$6#&6*#$)Q#24(23$,"#$#G#2,$H#D&.#$")24$)24$D&**&-KM6$-(,"$6#&6*#$)q#.-).49I

36. O&M.9NM).#
k*)(J$<&M.$96)'#
>),'"$<&M.$.#'&JJ#24)A&29
5#-).4$<&M.$*&<)*$6),.&29
CM,$M6$96#'()*9$D&.$<&M.$J)<&.
>#H9(,#=$"Q69=]]D&M.9NM).#I'&J]^
%&M,"8#*4$CMH*('$Z(H.).<$&2$O&M.9NM).#=$"Q69=]]D&M.9NM).#I'&J]9&M,"8#*46*^

37. O&M.9NM).#
- k*)(J$<&M.$96)'#
- >),'"$<&M.$.#'&JJ#24)A&29
- 5#-).4$<&M.$*&<)*$6),.&29
- CM,KM6$96#'()*9$D&.$<&M.$tJ)<&.h
k*)(J$<&M.$96)'#
>),'"$<&M.$.#'&JJ#24)A&29
5#-).4$<&M.$*&<)*$6),.&29
CM,$M6$96#'()*9$D&.$<&M.$J)<&.
>#H9(,#=$"Q69=]]D&M.9NM).#I'&J]^
%&M,"8#*4$CMH*('$Z(H.).<$&2$O&M.9NM).#=$"Q69=]]D&M.9NM).#I'&J]9&M,"8#*46*^

38. O&M.9NM).#
k*)(J$<&M.$96)'#
>),'"$<&M.$.#'&JJ#24)A&29
5#-).4$<&M.$*&<)*$6),.&29
CM,$M6$96#'()*9$D&.$<&M.$J)<&.
>#H9(,#=$"Q69=]]D&M.9NM).#I'&J]^
%&M,"8#*4$CMH*('$Z(H.).<$&2$O&M.9NM).#=$"Q69=]]D&M.9NM).#I'&J]9&M,"8#*46*^

39. C(2,.#9,
B)/#$H&&/$*(9,9$,"),$J)/#$9#29#
u&(2$&.$'.#),#$)$3.&M6$H&).4
B&4#.),#$)$H&).4$D&.$)2$#G#2,
=+(*4&@$.04*(+&?*34(4%&KO+(NJ0/;&@5L
>#H9(,#=$"Q6=]]6(2,#.#9,I'&J]^
7*)(.$B#J&.()*$Z(H.).<$&2$C(2,#.#9,=$"Q6=]]6(2,#.#9,I'&J]'*)-9&2*(H.).<]^

40. C(2,.#9,
- B)/#$H&&/$*(9,9$,"),$-&./$D&.$<&M.$*(H.).<
- u&(2$&.$'.#),#$)$3.&M6$H&).4
- k.#),#$)$H&).4$D&.$2&$.#)9&2$),$)**P$fM9,$
H#')M9#$<&M.$6),.&29$-(**$*&G#$(,I
- B&4#.),#$)$H&).4$D&.$)2$'&**)H&.)AG#$#G#2,
B)/#$H&&/$*(9,9$,"),$J)/#$9#29#
u&(2$&.$'.#),#$)$3.&M6$H&).4
B&4#.),#$)$H&).4$D&.$)2$#G#2,
=+(*4&@$.04*(+&?*34(4%&KO+(NJ0/;&@5L
>#H9(,#=$"Q6=]]6(2,#.#9,I'&J]^
7*)(.$B#J&.()*$Z(H.).<$&2$C(2,#.#9,=$"Q6=]]6(2,#.#9,I'&J]'*)-9&2*(H.).<]^

41. C(2,.#9,
B)/#$H&&/$*(9,9$,"),$J)/#$9#29#
u&(2$&.$'.#),#$)$3.&M6$H&).4
B&4#.),#$)$H&).4$D&.$)2$#G#2,
=+(*4&@$.04*(+&?*34(4%&KO+(NJ0/;&@5L
>#H9(,#=$"Q6=]]6(2,#.#9,I'&J]^
7*)(.$B#J&.()*$Z(H.).<$&2$C(2,#.#9,=$"Q6=]]6(2,#.#9,I'&J]'*)-9&2*(H.).<]^

42. !MJH*.
%").#$4(3(,)*$'&2,#2,
k.#),#$4(3(,)*$'&2,#2,$D&.$9").(23
%&J#,"(23$)9$9(J6*#$)9$)$NM&,#$9##$+SCZh9$,MJH*.^
;,h9$#)9(#.$D&.$6#&6*#$,&$.#9").#$,")2$)$H*&3P$9&$H#$'.#)AG#v
=$J,&0'&,#$&3$J,B&?%0/&"0N/J#*:6J&]O#*)8J&Z*9&?*34(4*$J6&,-.3+4
>#H9(,#=$"Q69=]]---I,MJH*.I'&J]^
k"('/9$:(3$Z(H.).(#9$&2$!MJH*.=$"Q6=]]'"('/94(3*(H.).(#9I,MJH*.I'&J]^

43. !MJH*.
- %").#$4(3(,)*$'&2,#2,
- k.#),#$4(3(,)*$'&2,#2,$D&.$9").(23
– !"S)/B$36'%;';$S2&)'%;'%'MA"/)'I;))'.V:LW;'/ASE&7J
- ;,h9$#)9(#.$D&.$6#&6*#$,&$.#9").#$,")2$)$H*&3P$9&$H#$
'.#)AG#v
- L$*&,$&D$J#J#9$9,).,$"#.#$[$9&$-"(*#$6#&6*#$J)<$
2&,$D&**&-$)$,MJH*.P$,"#<$J(3",$#24$M6$,"#.#I
%").#$4(3(,)*$'&2,#2,
k.#),#$4(3(,)*$'&2,#2,$D&.$9").(23
%&J#,"(23$)9$9(J6*#$)9$)$NM&,#$9##$+SCZh9$,MJH*.^
;,h9$#)9(#.$D&.$6#&6*#$,&$.#9").#$,")2$)$H*&3P$9&$H#$'.#)AG#v
=$J,&0'&,#$&3$J,B&?%0/&"0N/J#*:6J&]O#*)8J&Z*9&?*34(4*$J6&,-.3+4
>#H9(,#=$"Q69=]]---I,MJH*.I'&J]^
k"('/9$:(3$Z(H.).(#9$&2$!MJH*.=$"Q6=]]'"('/94(3*(H.).(#9I,MJH*.I'&J]^

44. !MJH*.
%").#$4(3(,)*$'&2,#2,
k.#),#$4(3(,)*$'&2,#2,$D&.$9").(23
%&J#,"(23$)9$9(J6*#$)9$)$NM&,#$9##$+SCZh9$,MJH*.^
;,h9$#)9(#.$D&.$6#&6*#$,&$.#9").#$,")2$)$H*&3P$9&$H#$'.#)AG#v
=$J,&0'&,#$&3$J,B&?%0/&"0N/J#*:6J&]O#*)8J&Z*9&?*34(4*$J6&,-.3+4
>#H9(,#=$"Q69=]]---I,MJH*.I'&J]^
k"('/9$:(3$Z(H.).(#9$&2$!MJH*.=$"Q6=]]'"('/94(3*(H.).(#9I,MJH*.I'&J]^

45. 0&&3*#R
0&&3*#$#99#2A)**<$.M*#9$,"#$-&.*4
;2,#3.),#9$(2,&$&,"#.$0&&3*#$9#.G('#9
k&22#',$<&M.$-#H9(,#$,&$<&M.$0&&3*#R$6)3#P$)24$M9#$,"#$0&&3*#R$H)43#$#G#.<-"#.#$,&$*#,$6#&6*#$9").#$<&M.$
'&2,#2,$#)9(*<I
M$J,&=+00.^$+2&"0N/J#*:&A-3+*)&?*34(4%
>#H9(,#=$"Q69=]]6*M9I3&&3*#I'&J]^
>#9,$7*&&J8#*4$!&-29"(6$CMH*('$Z(H.).<$&D$0&&3*#R=$"Q69=]]6*M9I3&&3*#I'&J]VUUddVX`_WV`TWWWcW_e_]
6&9,9^

46. 0&&3*#R
- 0&&3*#$#99#2A)**<$.M*#9$,"#$-&.*4
- ;2,#3.),#9$(2,&$&,"#.$0&&3*#$9#.G('#9
- k&22#',$<&M.$-#H9(,#$,&$<&M.$0&&3*#R$6)3#P$
)24$M9#$,"#$0&&3*#R$H)43#$#G#.<-"#.#$,&$*#,$
6#&6*#$9").#$<&M.$'&2,#2,$#)9(*<I
0&&3*#$#99#2A)**<$.M*#9$,"#$-&.*4
;2,#3.),#9$(2,&$&,"#.$0&&3*#$9#.G('#9
k&22#',$<&M.$-#H9(,#$,&$<&M.$0&&3*#R$6)3#P$)24$M9#$,"#$0&&3*#R$H)43#$#G#.<-"#.#$,&$*#,$6#&6*#$9").#$<&M.$
'&2,#2,$#)9(*<I
M$J,&=+00.^$+2&"0N/J#*:&A-3+*)&?*34(4%
>#H9(,#=$"Q69=]]6*M9I3&&3*#I'&J]^
>#9,$7*&&J8#*4$!&-29"(6$CMH*('$Z(H.).<$&D$0&&3*#R=$"Q69=]]6*M9I3&&3*#I'&J]VUUddVX`_WV`TWWWcW_e_]
6&9,9^

47. 0&&3*#R
0&&3*#$#99#2A)**<$.M*#9$,"#$-&.*4
;2,#3.),#9$(2,&$&,"#.$0&&3*#$9#.G('#9
k&22#',$<&M.$-#H9(,#$,&$<&M.$0&&3*#R$6)3#P$)24$M9#$,"#$0&&3*#R$H)43#$#G#.<-"#.#$,&$*#,$6#&6*#$9").#$<&M.$
'&2,#2,$#)9(*<I
M$J,&=+00.^$+2&"0N/J#*:&A-3+*)&?*34(4%
>#H9(,#=$"Q69=]]6*M9I3&&3*#I'&J]^
>#9,$7*&&J8#*4$!&-29"(6$CMH*('$Z(H.).<$&D$0&&3*#R=$"Q69=]]6*M9I3&&3*#I'&J]VUUddVX`_WV`TWWWcW_e_]
6&9,9^

48. :&9$)24$4&2h,$&D$9&'()*$J#4()=
:&2h,$J)/#$)**$&D$<&M.$6&9,9$,"#$9)J#$D&.$#G#.<$2#,-&./w$6#&6*#$-"&$M9#$Z(2/#4;2$-)2,$9&J#,"(23$4(E#.#2,$
D.&J$,"&9#$-"&$M9#$O)'#H&&/I$%&P$H#$9M.#$,"),$(D$<&Mh.#$6M9"(23$M64),#9$H#,-##2$)''&M2,9$*(/#$D)'#H&&/$
)24$,-(Q#.^$<&Mh.#$M9(23$,"#J$H&,"$6.&6#.*<I
:&2h,$*#,$,"#$9)J#$.M*#9$)66*<$,&$)**$2#,-&./9=$,-(Q#.$*(2/9$"(,$,"#(.$6#)/$'*('/9$TIc$"&M.9$)q#.$6&9A23$[$
,"#<h.#$#99#2A)**<$*&9,$)q#.$,"),I$C&9,$J&.#$&q#2$&2$!-(Q#.

49. :&$H#$'.#)AG#$[$,.<$9&J#,"(23$2#-$)24$4(E#.#2,
:&$)',$*(/#$)$"MJ)2P$#G#2$(D$<&M$)M,&J),#$,-##,9$[$6M,$9&J#$6#.9&2)*(,<$(2,&$(,
:&$J&2(,&.$-"('"$&D$<&M.$,-##,9]6(29]6&9,9$).#$9M''#99DM*$)24$,.<$,&$)4)6,$,&$4&$J&.#$&D$,"#J
:&$J&2(,&.$<&M.$9&'()*$J#4()$)''&M2,9$,&$J)/#$9M.#$6#&6*#$).#$9)<(23$3&&4$,"(239$)H&M,$<&M
:&$.#96&24$,&$6#&6*#v$5#J#JH#.P$(,h9$9&'()*^
:&$H#$6.&)'AG#$(2$,)*/(23$,&$6#&6*#$.#J#JH#.P$(,h9$9&'()*^

50. :$;)'<$7)'<"7'=%>)?)@+'
F""&;'/"'(%9)'$/'0%;$)7
- >.(,#$)$6&*('<
- :#,#.J(2#$#?6#',)A&29
- L66&(2,$)$,#)J$-"&$")9$)$'&29(9,#2,$J#99)3#
– GA/'&)/'$3*$D$*A%&'2)7;"3%&$8);'2";/'*$=)7)3/&@'
%##"7*$36'/"'/B)$7'27)<)7)3#);
- B&2(,&.$<&M.$)''&M2,$D.#NM#2,*<
- B)/#$(,$#)9<$,&$824$<&M.$9&'()*$J#4()$)''&M2,9$
D.&J$<&M.$-#H9(,#
- B)/#$(,$#)9<$D&.$6#&6*#$,&$9").#$<&M.$-#H9(,#$&.$
9&'()*$2#,-&./$'&2,#2,
>.(,#$)$6&*('<
x##6$#?6#',)A&29$-#h**$M64),#$,"(9$9(,#$,"(9$&q#2^
B)/#$)$,#)J$-"&$")G#$)$'&29(9,#2,$J#99)3#P$HM,$(24(G(4M)*$6#.9&2)*(A#9$,&$6&9,$4(E#.#2,$,"(239I
B&2(,&.$<&M.$)''&M2,$D.#NM#2,*<$),$*#)9,$4)(*<^
B)/#$(,$#)9<$,&$824$<&M.$9&'()*$J#4()$)''&M2,9$&2$<&M.$-#H9(,#
B)/#$(,$#)9<$D&.$6#&6*#$,&$9").#$<&M.$-#H9(,#$'&2,#2,$&2$)$9&'()*$2#,-&./

51. :$;)'<$7)'<"7'=%>)?)@+'
F""&;'/"'(%9)'$/'0%;$)7
- !&&*9=
– g&&,%M(,#
– !-##,4#'/
– %&'()*123)3#
– y(.,M#
– %&'()*O*&-
1?'#*=$>.(,#$M64),#9$(2$)4G)2'#P$&.$M9#$)$96.#)49"##,$,&$/##6$,.)'/$&D$,"(239$,&$6&9,$*),#.
;2$LM3M9,$TUVTP$C(234&J$.#*#)9#4$)$9M.G#<$&D$_W$J)f&.$H.)249$-(,"$)$,-(Q#.$)''&M2,$(24#?#4$(2$;2,#.H.)24h9$
,&6$VUU$3*&H)*$H.)249$*(9,P$)24$,"#9#$).#$,"#$,&&*9$,"),$,".##$&.$J&.#$&D$,"&9#$'&J6)2(#9$M9#4$(2$&.4#.$&D$
J&.#$6&6M*).^=
g&&,%M(,#$TU^=$O)'#H&&/P$!-(Q#.P$Z(2/#4;2P$0&&3*#C*M9P$O&M.9NM).#P$B<96)'#P$C(23IDJP$>&.46.#99$)24$
&,"#.9$,".&M3"$)669^
!-##,4#'/$VW^=$!-(Q#.P$O)'#H&&/
%&'()*123)3#$_^=$!-(Q#.P$O)'#H&&/
y(.,M#$e^=$O)'#H&&/P$!-(Q#.P$0&&3*#C*M9
%&'()*O*&-$e^=$!-(Q#.P$O)'#H&&/
5&<)*I6(234&JI'&J]TUVT]Uc]U`],-(Q#.K,&&*9K,&6KH.)249

52. zM#9A&29@

53. %*(4#9$)24$2&,#9$-(**$H#$
)G)(*)H*#$),=
---I/)H#.3#.&2I'&J$