HYUNDAI MOBIS AV230TFAN DIGITAL CAR AVN SYSTEM User Manual

HYUNDAI MOBIS CO., LTD. DIGITAL CAR AVN SYSTEM

User Manual

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8VLQJWKH0HQX%XWWRQV2TGUUVJG0HQXDWVVQPVQWUGVJG2TGUGV5ECPOGPW2TGUGV5ECP2TGUUVJG0HQXDWVVQP▶2TGUU3UHVHW6FDQ(TGSWGPEKGUUCXGFVQVJGRTGUGVDWVVQPUCTGGCEJRNC[GFHQTUGEQPFUCPFVJGRTGXKQWUHTGSWGPE[KUTGUVQTGF6GZV1P6GZV1HH2TGUUVJG0HQXDWVVQP▶2TGUU107H[W2Q6JG6GZVHGCVWTGKUVWTPGFQPQHH• +HVJG107H[W2QDWVVQPKUFKURNC[GF6GZVQHHUVCVGKPHQTOCVKQPYKNNPQVDGFKURNC[GFGXGPKHVJGTGKUKPHQTOCVKQPDGKPIVTCPUOKVVGFHTQOVJGDTQCFECUVUVCVKQP• +HVJG1HH7H[W2IIDWVVQPKUFKURNC[GF6GZVQPUVCVGVJGPDTQCFECUVKPHQTOCVKQPYKNNDGFKURNC[GF+PHQTOCVKQPOC[PQVDGFKURNC[GFKHVJGTGKUPQKPHQTOCVKQPDGKPIVTCPUOKVVGFHTQOVJGDTQCFECUVUVCVKQP)0$00RGH
*&4CFKQ6//QFG#WFKQl +'5DGLRа0RGH2TQITCO5GTXKEG&CVC%QPVTKDWVGUVQVJGUWRGTKQTWUGTGZRGTKGPEGQH*&4CFKQ6GEJPQNQI[2TGUGPVUUQPIPCOGCTVKUVUVCVKQP+&U*&*&%JCPPGN)WKFGCPFQVJGTTGNGXCPVFCVCUVTGCOU#FLCEGPVVTCFKVKQPCNOCKPUVCVKQPUCTGGZVTCNQECN(/EJCPPGNU6JGUGU*&*&%JCPPGNURTQXKFGPGYQTKIKPCNOWUKECUYGNNCUFGGREWVUKPVQVTCFKVKQPCNIGPTG&KIKVCN%&SWCNKV[UQWPF*&4CFKQ6GEJPQNQI[GPCDNGUNQECNTCFKQUVCVKQPUVQDTQCFECUVCENGCPFKIKVCNUKIPCN#/UQWPFUNKMGVQFC[ŏU(/CPF(/UQWPFUNKMGC%&K6WPGUs6CIIKPIRTQXKFGU[QWVJGQRRQTVWPKV[VQFKUEQXGTCYKFGTCPIGQHEQPVGPVCPFVJGOGCPUVQőVCIŒVJCVEQPVGPVHQTNCVGTTGXKGYCPFRWTEJCUGHTQOVJGK6WPGUs5VQTG#NUQTGHGTVQVJG#RRNG#WVQOQVKXGURGEKHKECVKQPUHQTKORNGOGPVKPIK6WPGUs6CIIKPI$ERXW+'5DGLRЯ7HFKQRORJ\
+'5DGLR700RGH6WDUWLQJ0RGH2TGUUVJG)0$0MG[VQVWTPQP4CFKQOQFG+HCP*&4CFKQ6/DTQCFECUVKUTGEGKXGFVJGTCFKQOQFGYKNNUYKVEJHTQOCPCNQIDTQCFECUVVQ*&4CFKQ6/DTQCFECUVL+PHQTOCVKQP• 6JG*&4CFKQ6/UETGGPKUFKURNC[GFQPN[YJGPC*&4CFKQ6/DTQCFECUVKUDGKPITGEGKXGF• 6QGPUWTG*&4CFKQ6/UVCVKQPUCTGTGEGKXGFVWTPVJGHGCVWTGQPCV MG[▶+'5DGLR2SHUDWLQJ+'5DGLR700RGH5GNGEVKPIC(TGSWGPE[#U*&4CFKQ6/TGEGRVKQPKUKPENWFGFYKVJKP4CFKQOQFGVJGOGVJQFUQHOQXKPIDGVYGGPEJCPPGNUUCXKPIRTGUGVUUGCTEJKPIQTOGVJQFUQHUGCTEJKPIHTGSWGPEKGUCTGKFGPVKECN*QYGXGTYJKNGVJG*&4CFKQ6/TGNCVGFKEQPFKURNC[YKNNDGEQOGCEVKXGYJGPYKVJKPTGIKQPUYJGTGCP*&4CFKQ6/UKIPCNECPDGTGEGKXGF7UKPI670'6WTPVJG 670'MPQDNGHVTKIJVVQUGNGEVVJGHTGSWGPE[
*&4CFKQ6//QFG#WFKQl 5GNGEVKPIVJTQWIJ2TGUGV(TQOVJGRTGUGVUUGNGEVVJG*&4CFKQ6/DTQCFECUV[QWYCPVVQNKUVGPVQL+PHQTOCVKQP• (QT*&4CFKQ6/DTQCFECUVEJCPPGNUYKVJQWVUWDEJCPPGNUUWDEJCPPGNUYKNNDGUMKRRGFCPFQPN[OCKPEJCPPGNUYKNNDGTGEGKXGF6RQJ7DJJLQJ6JGUQPIVCIIKPIHGCVWTGRTQXKFGUCYC[VQECRVWTGDTQCFECUVGFUQPIKPHQTOCVKQPHTQOVJGTCFKQHQTHWVWTGRWTEJCUGKPK6WPGU7RQPEQPPGEVKQPQHCP#RRNGCWFKQRNC[DCEMFGXKEGVJGVCIIGFUQPIUYKNNDGVTCPUHGTTGFVQ[QWTK6WPGUCEEQWPVKP[QWT6CIIGFUQPIUHQNFGTL+PHQTOCVKQP• 7RVQUQPIUECPDGUCXGFKHCPK2QFFGXKEGKUPQVEQPPGEVGF• 5QPIFCVCECPDGVTCPUHGTTGFVQCPK2QFQPN[KHVJGTGKUCXCKNCDNGURCEGYKVJKPVJGFGXKEG+'5DGLR70'LJLWDO%URDGFDVW2Q2II2TGUUVJG MG[▶2TGUUVJG▶+'5DGLR▶2TGUU2Q2II*&4CFKQ6/$TQCFECUVUECPDGVWTPGF1PCPF1HHHQT*&4CFKQ6/(/CPF#/OQFG
6,5,860RGH0COG &GUETKRVKQP/QFG&KURNC[ &KURNC[UEWTTGPVN[QRGTCVKPIOQFG2TGUGV 6JGFGUKTGFHTGSWGPE[ECPDGUCXGFCUCRTGUGVCPFUGNGEVGF5+4+75.QIQ &KURNC[VJG5+4+75NQIQ%JCPPGN0WODGT &KURNC[UVJGEWTTGPVEJCPPGNPWODGT%CVGIQT[OQFGKPFKECVQT&KURNC[UVJGECVGIQT[OQFGKPQTCPIG%JCPPGNOQFGKPFKECVQT&KURNC[UVJGEJCPPGNOQFGKPQTCPIG5GVVKPI&KURNC[&KURNC[UVJGKPFKECVQTKH5ECP2TGUGV5ECPKUQRGTCVKPI%CVGIQT[PCOG&KURNC[UVJGECVGIQT[PCOG%JCPPGNPCOG&KURNC[UVJGEJCPPGN6KVNGPCOG&KURNC[UVJGVKVNGPCOG#TVKUVPCOG&KURNC[UVJGCTVKUVPCOG%QORQUGTPCOG &KURNC[UVJGEQORQUGTPCOG5GCTEJ 7UGFVQUGCTEJHQTEJCPPGNUD[GPVGTKPIEJCPPGNPWODGTU2TGUGV5ECP 2NC[URTGUGVHTGSWGPEKGUHQTUGEQPFUGCEJ5ECP 2NC[UCNNTGEGKXCDNGEJCPPGNUHQTUGEQPFUGCEJ/GPW &KURNC[U5GCTEJ2TGUGV5ECPCPF5ECPOGPWU%CVGIQT[5GNGEVKQP$WVVQPU 7UGFVQUGNGEVVJGRTGXKQWUPGZVECVGIQT[.KUV &KURNC[U5+4+754CFKQ%CVGIQTKGU%JCPPGN.KUVU%DVLF0RGH6FUHHQ 
5+4+75/QFG#WFKQl 6WDUWLQJ0RGH2TGUUVJG6$7MG[VQEJCPIGVJGOQFGKPQTFGTQH5+4+75→5+4+75→5+4+759JGPVJGRQYGTKU1((RTGUUKPIVJG6$7MG[YKNNVWTPVJGRQYGTQPCPFRNC[CP5+4+754CFKQDTQCFECUV7UKPI5''-2TGUUVJG ,  MG[QPVJGEQPVTQNRCPGNHQTWPFGTUGEQPFU6JGRTGXKQWUQTPGZVEJCPPGNYKNNDGUGNGEVGFL+PHQTOCVKQP• 9KVJKPECVGIQT[OQFGEJCPPGNUYKVJKPVJGEWTTGPVECVGIQT[YKNNDGRNC[GF• 9KVJKPEJCPPGNOQFGCNNEJCPPGNUKPCNNECVGIQTKGUYKNNDGRNC[GF• +HPQQRGTCVKQPHQTUGEQPFUFWTKPIECVGIQT[OQFGKVIQGUDCEMVQVJGEJCPPGNOQFGCWVQOCVKECNN[7UKPI670'6WTPVJG 670'MPQDNGHVTKIJVVQFKURNC[VJGRTGXKQWUQTPGZVEJCPPGNKPHQTOCVKQP#HVGTCDTKGHOQOGPVVJGUGNGEVGFEJCPPGNYKNNDGFKURNC[GF5GNGEVKPI2TGUGVU(TQOVJGRTGUGVUUGNGEVVJGEJCPPGN[QWYCPVVQNKUVGPVQ
5GNGEVKPIVJTQWIJ%JCPPGN%CVGIQT[.KUV2TGUUVJG/LVWDWVVQP▶5GNGEVVJGFGUKTGFECVGIQT[CPFEJCPPGN5GNGEVVJGFGUKTGFECVGIQT[CPFVJGEJCPPGN1PEGUGNGEVGFVJGRTGXKQWUUETGGPYKNNDGTGUVQTGFCPFVJGUGNGEVGFEJCPPGNYKNNDGIKPRNC[KPI6DYLQJ6,5,86&KDQQHOV5CXKPI/CPWCNN[#HVGTUGNGEVKPIEJCPPGN▶2TGUUCPFJQNFQXGTUGEQPFUVJGRTGUGVDWVVQP#EQPHKTOCVKQPDGGRYKNNDGJGCTFCPFVJGEJCPPGNYKNNDGUCXGFVQVJGUGNGEVGFRTGUGVDWVVQPL+PHQTOCVKQP• 5KZRTGUGVHTGSWGPEKGUGCEJHQT5+4+755+4+755+4+75OQFGUECPDGUVQTGFWUKPIVJGCDQXGKPUVTWEVKQPU8VLQJWKH0HQX%XWWRQV2TGUUVJG0HQXDWVVQPVQWUGVJG5GCTEJ2TGUGV5ECPCPF5ECPOGPWU6,5,860RGH
5+4+75/QFG#WFKQl 5GCTEJ2TGUUVJG0HQXDWVVQP▶2TGUU6HDUFK▶'PVGTPWODGTUCPFRTGUU'RQH'PVGTVJGPWODGTQHVJGEJCPPGN[QWYCPVVQTGEGKXG2TGUGV5ECP2TGUUVJG0HQXDWVVQP▶2TGUU3UHVHW6FDQ%JCPPGNUUCXGFVQVJGRTGUGVDWVVQPUCTGGCEJRNC[GFHQTUGEQPFUCPFVJGPVJGRTGXKQWUEJCPPGNKUTGUVQTGF5ECP2TGUUVJG6FDQDWVVQPVQUECPCNNEJCPPGNU5VCTVKPIHTQOVJGEWTTGPVEJCPPGNEJCPPGNUYKVJUWRGTKQTTGEGRVKQPCTGUECPPGFHQTUGEQPFUCPFVJGRTGXKQWUEJCPPGNKUTGUVQTGFQPEGUECPPKPIKUEQORNGVG
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&KUE#WFKQl • 6JKUFGXKEGUWRRQTVU/2+&VCIXGTUKQPUQH8GT8GT8GT8GT8GT9JGPWUKPIFKUEUYKVJQVJGTXGTUKQPUVJG+&KPHQYKNNPQVDGFKURNC[GF• #NVJQWIJVJKUFGXKEGJCUDGGPFGUKIPCVGFVQDGEQORCVKDNGYKVJXCTKQWUDKVTCVGURNC[KPINQYDKVTCVG/2VTCEMUOC[TGUWNVKPNQYSWCNKV[UQWPF$GHQTG2NC[KPICP/2&KUE5WRRQTVGF/2(KNG5RGEKHKECVKQP• #EEGRVCDNGUVCPFCTF/2')#WFKQ.C[GT• #EEGRVCDNGUCORNKPIHTGSWGPE[-*\• #EEGRVCDNGDKVTCVG`-DRU4GEQOOGPFGF$KV4CVGUCPF(TGSWGPE[• 5CORNKPIHTGSWGPE[`-DRUHKZGFDKVTCVGM*\016+%'• 5WRRQTVGF+&VCIU+&X+&X+&X+&X+&X+&X• 5WRRQTVGF/2/GFKC%&41/• 5WRRQTVGFOGFKCHQTOCVU+51.'8'.CPF.'8'.&GVCKNGF5RGEKHKECVKQP• /CZKOWOFKTGEVQT[NC[GTUNC[GTU• /CZKOWOHQNFGTNGPIVJD[VGUHKNGPCOGNGPIVJD[VGU• 5WRRQTVGFEJCTCEVGTUHQTHQNFGTPCOGHKNGPCOG#NRJCPWOGTKEEJCTCEVGTU-QTGCPUVCPFCTFEJCTCEVGTUGVEJCTCEVGTU5KORNKHKGF%JKPGUGEJCTCEVGTU• /CZKOWOPWODGTQHHQNFGTURGTFKUEHQNFGTUKPENWFKPI4116• /CZKOWOPWODGTQHHKNGURGTFKUEHKNGU2TGECWVKQPUWRQP$WTPKPI/2(KNGU• 6JGWUGQH+51.'8'.,1.+'6HQTOCVKUTGEQOOGPFGF• 7RVQEJCTCEVGTUKP-QTGCP%JKPGUGCTGUWRRQTVGFHQTHKNGPCOGUCPFWRVQEJCTCEVGTUKP-QTGCP%JKPGUGCTGUWRRQTVGFHQTHQNFGTPCOGU• 6JGWUGQH%&UGZEGGFKPI/$OC[TGUWNVKPHCWNV[FKUETGEQIPKVKQPQTGTTQTUWRQPRNC[
/2(KNG5VTWEVWTG4GEQIPKVKQPQEEWTUVJTQWIJVJGUCOGHQNFGTUVTWEVWTGWUGFYKVJKPVJGFKUE(QNFGTUVTWEVWTGCUUCXGFKP%&41/ (QNFGTUVTWEVWTGCUUCXGFKPVJGU[UVGO'LVF
%&/QFG#WFKQl &'0RGH%DVLF0RGH6FUHHQ0COG FGUETKRVKQP/QFG &KURNC[UEWTTGPVN[QRGTCVKPIOQFG6TCEM 6TCEMPWODGTQHEWTTGPVUQPI4GRGCV5JWHƀG5ECP(TQO4GRGCV5JWHƀG5ECPFKURNC[UVJGEWTTGPVN[QRGTCVKPIHWPEVKQP6TCEM+PFGZ 5JQYUVJGEWTTGPVVTCEMVQVCNVTCEMU2NC[6KOG &KURNC[UVJGEWTTGPVRNC[VKOG4GRGCV 4GRGCVUVJGEWTTGPVVTCEM5JWHƀG 2NC[UFKUEVTCEMUKPTCPFQOQTFGT5ECP 5ECPUVJGDGIKPPKPIRCTVUQHFKUEVTCEMUCRRTQZUGEQPFURGTVTCEM+PHQ1HH+PHQ1P•  +PHQ1HHUJQYUQPN[VTCEMKPHQ•  +PHQ1PUJQYUVTCEMKPHQCTVKUVCPFCNDWOKPHQ※'ORV[YJGPVJGTGKUPQEQTTGURQPFKPIKPHQTOCVKQP/GPW&KURNC[U4GRGCV5JWHƀG5ECPCPF+PHQ1P+PHQ1HHOGPWU#TVKUV+PHQ &KURNC[UCTVKUVKPHQHQTEWTTGPVUQPI9KNNPQVDGFKURNC[GFKHVJGKPHQTOCVKQPFQGUPQVGZKUV#NDWO+PHQ &KURNC[UCNDWOKPHQHQTEWTTGPVUQPI9KNNPQVDGFKURNC[GFKHVJGKPHQTOCVKQPFQGUPQVGZKUV2TGXKQWU6TCEM•  9JGPVJGRNC[VKOGKUWPFGTUGEQPFU/QXGUVQVJGRTGXKQWUVTCEM•  9JGPVJGRNC[VKOGKUQXGTUGEQPFU2NC[UVJGEWTTGPVUQPIHTQOVJGDGIKPPKPI2NC[2CWUG 2NC[URCWUGUVJGEWTTGPVVTCEM0GZV6TCEM /QXGUVQVJGPGZVVTCEM.KUV /QXGUVQVJGVTCEMNKUVUETGGP 
6WDUWLQJ0RGH2TGUUVJG0(',$MG[▶2TGUU&'016+%'• 1PN[IGPWKPGCWFKQ%&UCTGUWRRQTVGF1VJGTFKUEUOC[TGUWNVKPTGEQIPKVKQPHCKNWTGGIEQR[%&4%&UYKVJNCDGNUL+PHQTOCVKQP• %&OQFGYKNNCWVQOCVKECNN[UVCTVQPEGC%&KUKPUGTVGF2NC[KPIC%&• 2TGUUVJGԠDWVVQPVQRNC[VJGVTCEM• 2TGUUVJGOODWVVQPVQRCWUGVJGVTCEM(CUVHQTYCTFKPIQT4GYKPFKPI%&6TCEMU9JKNGRNC[KPI▶2TGUUCPFJQNFVJG , MG[QXGTUGEQPFU6JKUYKNNTGYKPFQTHCUVHQTYCTFVJGVTCEM9JKNGVJG ,  MG[KUDGKPIRTGUUGFVJGVTCEMYKNNTGYKPFQTHCUVHQTYCTFCVZURGGF1PEGTGNGCUGFVJGVTCEMYKNNDGIKPRNC[KPICVPQTOCNURGGF&'0RGH
%&/QFG#WFKQl 5GCTEJKPI%&6TCEMU6WTPVJG 670'MPQD▶5GCTEJVTCEMU▶1PEGVJGFGUKTGFVTCEMPCOGKUFKURNC[GFRTGUUVJG670'MPQD9JGPUGCTEJKPIVTCEMUVJGVTCEMPWODGTKUFKURNC[GFKPQTCPIG2TGUUKPIVJG 670'MPQDYKNNRNC[VJGEQTTGURQPFKPIVTCEML+PHQTOCVKQP• +HVJG670'MPQDKUPQVRTGUUGFYKVJKPUGEQPFUQHUGCTEJKPIVTCEMUVJGVTCEMKPHQHQTVJGEWTTGPVVTCEMKUTGUVQTGF8VLQJWKH0HQX%XWWRQV2TGUUVJG0HQXDWVVQPVQUGVVJGTGRGCVUJWHHNGUECPCPF+PHQ1P+PHQ1HHOGPWU4GRGCV2TGUUVJG0HQXDWVVQP▶2TGUU5HSHDW6JGEWTTGPVVTCEMKUTGRGCVGFL+PHQTOCVKQP• 2TGUUVJG5HSHDWDWVVQPCICKPVQVWTPQHHTGRGCV+HPQVJKPIKUUGNGEVGFVJGPCNNVTCEMUYKNNDGRNC[GFKPUGSWGPVKCNQTFGT5JWHƀG2TGUUVJG0HQXDWVVQP▶2TGUU6KXIIOH6TCEMUYKVJKPVJGFKUECTGRNC[GFKPTCPFQOQTFGTL+PHQTOCVKQP• 2TGUUVJG6KXIIOHDWVVQPCICKPVQVWTPVJGUJWHHNGQRVKQPQHH
5ECP2TGUUVJG0HQXDWVVQP▶2TGUU6FDQ6JGDGIKPPKPICRRTQZUGEQPFUQHCNNVTCEMUYKVJKPVJG%&CTGUECPPGFL+PHQTOCVKQP• 2TGUUVJG6FDQDWVVQPCICKPVQVWTPVJGUECPQRVKQPQHH+PHQ1P+PHQ1HH2TGUUVJG0HQXDWVVQP▶2TGUU,QIR2Q6JGCOQWPVQHKPHQTOCVKQPFKURNC[GFQPVJGUETGGPECPDGUGNGEVGF9JGPVJGVKVNGCTVKUVCPFCNDWOKPHQCTGFKURNC[GFVJGDWVVQPYKNNCWVQOCVKECNN[EJCPIGVQ,QIR2II2TGUU,QIR2IIVQTGUVQTGVJGRTGXKQWUKPHQTOCVKQPFKURNC[UGVVKPIL+PHQTOCVKQP• #TVKUVCNDWOKPHQKUUWRRQTVGFYKVJKP6GZV%&U&'0RGH
/2%&/QFG#WFKQl %DVLF0RGH6FUHHQ03&'0RGH0COG &GUETKRVKQP/QFG &KURNC[UEWTTGPVN[QRGTCVKPIOQFG(QNFGT0COG &KURNC[UHQNFGTPCOGHQTEWTTGPVſNG(KNG0COG &KURNC[UVJGPCOGQHVJGEWTTGPVſNG4GRGCV5JWHƀG5ECP(TQO4GRGCV5JWHHNG5ECPFKURNC[UVJGEWTTGPVN[QRGTCVKPIHWPEVKQP(KNG+PFGZ 5JQYUVJGEWTTGPV/2ſNGVQVCNPWODGTQH/2ſNGU2NC[6KOG &KURNC[UVJGEWTTGPVRNC[VKOG/GPW &KURNC[U%QR[4GRGCV5JWHHNG5ECPCPF+PHQ1P+PHQ1HHOGPWU.KUV /QXGUVQVJGNKUVUETGGP 
03&'0RGH0COG &GUETKRVKQP%QR[ %QRKGUVJGEWTTGPVN[RNC[KPIſNGKPVQ/[/WUKE4GRGCV 4GRGCVUVJGEWTTGPVHKNG5JWHƀG 2NC[UHKNGUKPTCPFQOQTFGT5ECP 5ECPUVJGDGIKPPKPIRCTVUQH/2HKNGUCRRTQZUGEQPFURGTHKNG+PHQ1HH+PHQ1P%JCPIGUVJGFKURNC[OGVJQFDGVYGGP+PHQ1HH+PHQ1P•  +PHQ1HHUJQYUHQNFGTPCOGſNGPCOG•  +PHQ1PUJQYUHQNFGTPCOGſNGPCOGVKVNGCTVKUVCPFCNDWOKPHQ2TGXKQWUſNG•  9JGPVJGRNC[VKOGKUWPFGTUGEQPFU/QXGUVQVJGRTGXKQWUſNG•  9JGPVJGRNC[VKOGKUQXGTUGEQPFU2NC[UVJGEWTTGPVſNGHTQOVJGDGIKPPKPI2NC[2CWUG 2NC[URCWUGUVJGEWTTGPVſNG0GZVſNG /QXGUVQVJGPGZVſNG%DVLF0RGH6FUHHQ 
/2%&/QFG#WFKQl /LVW0HQX6FUHHQ0COG &GUETKRVKQP*QOG(QNFGT /QXGUVQJQOGHQNFGT2CTGPV(QNFGT /QXGUVQVJGRCTGPVHQNFGT0QY2NC[KPI9JGPOQXKPIVQCFKHHGTGPVNKUVUETGGPOQXGUVQVJGNKUVRCIGYJGTGVJGEWTTGPVſNGKUNQECVGF$GEQOGUFKUCDNGFYJGPVJGEWTTGPVNKUVKPENWFGUVJGEWTTGPVſNG(QNFGT0COG (QNFGTPCOGQHEWTTGPVNKUV%WTTGPV5QPI 5JQYUEWTTGPVRNC[KPIſNGPCOG.KUV(QEWU %TGCVGUHQEWUWRQPQRGTCVKPI6WPG$CEMDWVVQP %QPXGTVUVQDCUKEOQFGUETGGP2TGXKQWUNKUV /QXGUVQVJGRTGXKQWUNKUV.KUVRCIG 5JQYUEWTTGPVſNGNKUVRCIGVQVCNPWODGTQHRCIGU0GZVNKUV /QXGUVQVJGPGZVNKUV
03&'0RGH6WDUWLQJ0RGH2TGUUVJG0(',$MG[▶2TGUU03L+PHQTOCVKQP• /2OQFGCWVQOCVKECNN[UVCTVUYJGPCP/2FKUEKUKPUGTVGF• +HVJGTGCTGPWOGTQWUUQPIUCPFHQNFGTUYKVJKPVJGFKUETGCFKPIVKOGEQWNFVCMGOQTGVJCPUGEQPFUCPFVJGNKUVOC[PQVDGFKURNC[GFQTUQPIUGCTEJGUOC[PQVQRGTCVG1PEGNQCFKPIKUEQORNGVGVT[CICKP• 1PN[IGPWKPGCWFKQ%&UCTGUWRRQTVGF• 1VJGTFKUEUOC[TGUWNVKPTGEQIPKVKQPHCKNWTGGIEQR[%&4%&UYKVJNCDGNU2NC[KPI/2• 2TGUUVJGԠDWVVQPVQRNC[VJGHKNG• 2TGUUVJGOODWVVQPVQRCWUGVJGHKNG
/2%&/QFG#WFKQl 5GNGEVKPI/2ſNGU5GNGEVKPIHTQOVJG/QFG5ETGGP• 2TGUUVJG ,MG[VQUGNGEVVJGRTGXKQWUQTPGZVHKNG• 2TGUUKPICPFJQNFKPIVJG ,MG[YKNNTGYKPFQTHCUVHQTYCTFVJGEWTTGPVHKNG7UKPI/GPWUYKVJKP.KUV5ETGGP2TGUUVJG/LVWDWVVQP▶5GNGEVVJGHKNGHTQOVJGNKUV(CUVHQTYCTFKPIQT4GYKPFKPI/2(KNGU9JKNGRNC[KPI▶2TGUUCPFJQNFVJG ,  MG[QXGTUGEQPFU6JKUYKNNTGYKPFQTHCUVHQTYCTFVJGHKNG9JKNGVJG ,MG[KUDGKPIRTGUUGFVJGHKNGYKNNTGYKPFQTHCUVHQTYCTFCVZURGGF1PEGTGNGCUGFVJGHKNGYKNNDGIKPRNC[KPICVPQTOCNURGGF5GCTEJKPI/2(KNGU6WTPVJG 670'MPQD▶5GCTEJHKNGU▶1PEGVJGFGUKTGFHKNGPCOGKUFKURNC[GFRTGUUVJG 670'MPQD9JGPUGCTEJKPIHKNGURTGUUKPIVJG 670'MPQDYKNNRNC[VJGHKNGJKIJNKIJVGFKPQTCPIGL+PHQTOCVKQP• +HVJGTGCTGPQQRGTCVKQPUYKVJKPUGEQPFUKPHQQPVJGEWTTGPVUQPIYKNNDGTGFKURNC[GF
03&'0RGH8VLQJWKH0HQX%XWWRQV2TGUUVJG0HQXDWVVQPVQUGVVJGEQR[TGRGCVUJWHHNGUECPCPF+PHQ1P1HHQRVKQPU%QR[2TGUUVJG0HQXDWVVQP▶2TGUU&RS\6JGEWTTGPVN[RNC[KPIHKNGKUEQRKGFCPFUCXGFKP/[/WUKEL+PHQTOCVKQP• %QRKGFCPFUCXGFHKNGUECPDGRNC[GFYKVJKP/[/WUKEOQFG4GRGCV2TGUUVJG0HQXDWVVQP▶2TGUU5HSHDW'CEJVKOGVJGDWVVQPKURTGUUGFVJGQRVKQPKUEJCPIGFHTQO4GRGCV1PEG→1HH4GRGCV#NNL+PHQTOCVKQP• 4GRGCV1PEGTGRGCVUVJGEWTTGPVHKNG• 4GRGCV(QNFGTTGRGCVUCNNHKNGUKPEWTTGPVHQNFGT5JWHƀG2TGUUVJG0HQXDWVVQP▶2TGUU6KXIIOH'CEJVKOGVJGDWVVQPKURTGUUGFVJGQRVKQPKUEJCPIGFHTQO5JWHHNG(QNFGT→5JWHHNG#NN→ 1HH4GRGCV#NNL+PHQTOCVKQP• 5JWHHNG(QNFGTRNC[UHKNGUKPEWTTGPVHQNFGTKPTCPFQOQTFGT• 5JWHHNG#NNRNC[UCNNHKNGUKP&+5%KPTCPFQOQTFGT5ECP2TGUUVJG0HQXDWVVQP▶2TGUU6FDQ'CEJVKOGVJGDWVVQPKURTGUUGFVJGQRVKQPKUEJCPIGFHTQO(QNFGT5ECP→ 5ECP#NN→1HH4GRGCV#NN
/2%&/QFG#WFKQl L+PHQTOCVKQP• (QNFGT5ECPUECPUHKNGUKPEWTTGPVHQNFGT• 5ECP#NNUECPUCNNHKNGUKPVJGFKUE+PHQ1P+PHQ1HH2TGUUVJG0HQXDWVVQP▶2TGUU,QIR2Q6JGCOQWPVQHKPHQTOCVKQPFKURNC[GFQPVJGUETGGPECPDGEJCPIGF9JGPVJGVKVNGCTVKUVCPFCNDWOKPHQCTGFKURNC[GFVJGDWVVQPYKNNCWVQOCVKECNN[EJCPIGVQ,QIR2II2TGUU,QIR2IIVQTGUVQTGVJGRTGXKQWUKPHQTOCVKQPFKURNC[UGVVKPI016+%'• 6JGVKVNGCTVKUVCPFCNDWOKPHQCTGFKURNC[GFQPN[YJGPUWEJKPHQTOCVKQPKUTGEQTFGFYKVJKPVJG/2HKNG+&VCI8VLQJ0HQXVZLWKLQWKH/LVW6FUHHQ/QXKPIDGVYGGP.KUVU2TGUUVJG/LVWDWVVQP▶2TGUUVJGԞԢDWVVQPU+HHKXGQTOQTGHKNGUQTHQNFGTUGZKUVKPVJGUCOGHQNFGTVJGNKUVYKNNDGFKURNC[GFCETQUUVYQQTOQTGRCIGU2TGUUVJGԞԢEWTUQTDWVVQPUVQSWKEMN[HKPFVJGFGUKTGFRCIGL+PHQTOCVKQP• #NCIOC[QEEWTKPFKURNC[KPIVJGRTGXKQWUPGZVNKUVRCIGFGRGPFKPIQPVJGHKNGPCOGQTHKNGUK\G
03&'0RGH/QXKPIDGVYGGP(QNFGTU2TGUUVJGDWVVQP▶5GNGEVHQNFGTHTQOVJGHQNFGTNKUV2TGUUKPIVJG DWVVQPYKNNOQXGVQVJGHQNFGTQPGNGXGNCDQXGVJGEWTTGPVHQNFGT2TGUUKPIVJG+RPHDWVVQPHQNFGTYKNNOQXGVQVJGTQQVHQNFGTL+PHQTOCVKQP• +HVJGTGCTGPQOQTGRCTGPVHQNFGTUDQVJ+RPHDWVVQPUYKNNDGFKUCDNGF4GVWTPKPIVQ%WTTGPV.QECVKQP9JKNGUGCTEJKPIHKNGUYKVJKPQVJGTHQNFGTURTGUUVJG1RZ3OD\LQJDWVVQPVQTGVWTPVQVJGEWTTGPVN[RNC[KPIHKNGUETGGP
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75$/QFG#WFKQl 0COG &GUETKRVKQP%QR[ %QRKGUVJGEWTTGPVN[RNC[KPIſNGKPVQ/[/WUKE4GRGCV 4GRGCVUVJGEWTTGPVſNG5JWHƀG 2NC[UHKNGUKPTCPFQOQTFGT5ECP 5ECPUVJGDGIKPPKPIRCTVUQH75$HKNGUCRRTQZUGEQPFURGTHKNG+PHQ1HH+PHQ1P•  +PHQ1HHUJQYUHQNFGTPCOGſNGPCOG•  +PHQ1PUJQYUHQNFGTPCOGHKNGPCOGVKVNGCTVKUVCPFCNDWOKPHQ2TGXKQWU(KNG•  9JGPVJGRNC[VKOGKUWPFGTUGEQPFU/QXGUVQVJGRTGXKQWUſNG•  9JGPVJGRNC[VKOGKUQXGTUGEQPFU2NC[UVJGEWTTGPVſNGHTQOVJGDGIKPPKPI2NC[2CWUG 2NC[URCWUGUVJGEWTTGPVſNG0GZV(KNG /QXGUVQVJGPGZVſNG 
86%0RGH75$+OCIG/QFG0COG &GUETKRVKQP/QFG &KURNC[UEWTTGPVN[QRGTCVKPIOQFG(QNFGT0COG &KURNC[UHQNFGTPCOGYJGTGKOCIGKUNQECVGF(KNG0COG 0COGQHKOCIGſNG(KNG+PFGZ 5JQYUVJGEWTTGPVKOCIGſNGVQVCNKOCIGſNGUYKVJKPVJG75$/GPW&KURNC[U5NKFGUJQY4QVCVG+OCIG#FLWUV+OCIG5K\G5CXG+OCIGCPF+PHQOGPWU2TGUUVJGDWVVQPCICKPVQJKFGVJGDWVVQPU2TGXKQWU+OCIG 5JQYURTGXKQWUKOCIG0GZV+OCIG 5JQYUPGZVKOCIG.KUV /QXGUVQVJGNKUVUETGGP5NKFGUJQY 8KGYKOCIGUCUUNKFGUJQYKPUGEQPFKPVGTXCNU4QVCVG+OCIG 4QVCVGKOCIGKPENQEMYKUGFKTGEVKQP#FLWUV+OCIG5K\G'PNCTIGTGFWEG\QQOKP\QQOQWVKOCIGUK\G5CXG+OCIG #FFKOCIGCUHTCOGUETGGPFKURNC[GFYJGPVJGU[UVGORQYGTKUVWTPGFQHH+PHQ 5JQYUVJGſNGPCOGTGUQNWVKQPCPFſNGV[RGQHEWTTGPVKOCIG
75$/QFG#WFKQl 0HQX/LVW6FUHHQ0COG &GUETKRVKQP/WUKE 5JQYUVJG/WUKENKUV&KUCDNGFYJGP/WUKENKUVFQGUPQVGZKUV+OCIG 5JQYUVJG+OCIGNKUV&KUCDNGFYJGP+OCIGNKUVFQGUPQVGZKUV*QOG(QNFGT /QXGUVQJQOGHQNFGT2CTGPV(QNFGT /QXGUVQVJGRCTGPVHQNFGT0QY2NC[KPI9JGPOQXKPIVQCFKHHGTGPVNKUVUETGGPOQXGUVQVJGNKUVRCIGYJGTGVJGEWTTGPVHKNGKUNQECVGF$GEQOGUFKUCDNGFYJGPVJGEWTTGPVNKUVKPENWFGUVJGEWTTGPVſNG(QNFGT0COG (QNFGTPCOGQHEWTTGPVNKUV%WTTGPV5QPI 5JQYUEWTTGPVRNC[KPIſNGPCOG$CEM$WVVQP %QPXGTVUVQDCUKEOQFGUETGGP2TGXKQWU.KUV /QXGUVQVJGRTGXKQWUNKUV.KUV2CIG 5JQYUEWTTGPVſNGNKUVRCIGVQVCNPWODGTQHRCIGU0GZV.KUV /QXGUVQVJGPGZVNKUV 
86%0RGH6WDUWLQJ86%0XVLF0RGH2TGUUVJG0(',$MG[▶2TGUU86%0XVLF+HVJG75$KUPQVEQPPGEVGFVJGPVJG86%0XVLFDWVVQPYKNNDGFKUCDNGFL+PHQTOCVKQP• 1PEGC75$KUEQPPGEVGF75$/WUKEOQFGYKNNQRGTCVGCWVQOCVKECNN[• +HCRTGXKQWUN[RNC[GF75$KUTGEQPPGEVGFVJGPVJGUQPICHVGTVJGOQUVTGEGPVN[RNC[GFUQPIKURNC[GF*QYGXGTKHCFKHHGTGPV75$KUEQPPGEVGFQTVJGHKNGKPHQTOCVKQPYKVJKPVJG75$YCUEJCPIGFVJGPVJG75$HKNGQTFGTKPHQTOCVKQPKUFGNGVGFCPFYKNNUVCTVRNC[KPIHTQOVJGHKTUVUQPIYKVJKPVJG75$2NC[KPI75$/WUKE• 2TGUUVJGԠDWVVQPVQRNC[VJG75$/WUKE• 2TGUUVJGOODWVVQPVQRCWUG75$/WUKE
75$/QFG#WFKQl 5GCTEJKPI75$/WUKE(KNGU9JKNG2NC[KPI▶2TGUUVJG!DWVVQPUQTVJG ,  MG[VQRNC[VJGRTGXKQWUPGZVHKNG• 2TGUUKPICPFJQNFKPIVJG ,MG[QXGTUGEQPFUYKNNTGYKPFQTHCUVHQTYCTFVJGEWTTGPVHKNG• 9JKNGVJG ,MG[KUDGKPIRTGUUGFVJGVTCEMYKNNTGYKPFQTHCUVHQTYCTFCVJKIJURGGFU1PEGVJGMG[KUTGNGCUGFVJG75$/WUKEYKNNDGIKPRNC[KPICVPQTOCNURGGFL+PHQTOCVKQP• 6JG!DWVVQPUFKURNC[GFQPVJGUETGGPCNNQY[QWVQUGNGEVVJGRTGXKQWUPGZVHKNG6JGUGDWVVQPUYKNNPQVTGYKPFQTHCUVHQTYCTFVJGHKNG8VLQJWKH0HQX%XWWRQV2TGUUVJG0HQXDWVVQPVQUGVVJG%QR[4GRGCV5JWHHNG5ECP+PHQ1P+PHQ1HHOGPWU%QR[2TGUUVJG0HQXDWVVQP▶2TGUU&RS\6JGEWTTGPVN[RNC[KPIHKNGKUEQRKGFCPFUCXGFKP/[/WUKE
86%0RGHL+PHQTOCVKQP• %QRKGFCPFUCXGFHKNGUECPDGRNC[GFYKVJKP/[/WUKEOQFG016+%'• 6KOGTGSWKTGFVQEQR[HKNGUKPVQ/[/WUKEKUCRRTQZKOCVGN[UGEQPFURGT75$/2HKNGOD[GVVJKUOC[UNKIJVN[FKHHGTFGRGPFKPIQPVJGHKNGUK\GCPFU[UVGOEQPFKVKQPU• 6KOGTGSWKTGFVQEQR[HKNGUKPVQ/[/WUKEKUCRRTQZKOCVGN[OKPWVGCPFUGEQPFURGT%&/2HKNG[GVVJKUOC[UNKIJVN[FKHHGTFGRGPFKPIQPVJGHKNGUK\GCPFU[UVGOEQPFKVKQPU• 9JGPEQR[KPIKUKPRTQITGUU#8$NWGVQQVJCPF8QKEG4GEQIPKVKQPHGCVWTGUECPPQVDGWUGF• 9JGPEQR[KPIKUKPRTQITGUU#8CPF$NWGVQQVJHGCVWTGUECPPQVDGWUGF4GRGCV2TGUUVJG0HQXDWVVQP▶2TGUU5HSHDW'CEJVKOGVJGDWVVQPKURTGUUGFVJGQRVKQPKUEJCPIGFHTQO4GRGCV1PEG→4GRGCV(QNFGT→1HH4GRGCV#NNL+PHQTOCVKQP• 4GRGCV1PEG4GRGCVUVJGEWTTGPVHKNG• 4GRGCV(QNFGT4GRGCVUCNNHKNGUKPEWTTGPVHQNFGT5JWHƀG2TGUUVJG0HQXDWVVQP▶2TGUU6KXIIOH'CEJVKOGVJGDWVVQPKURTGUUGFVJGQRVKQPKUEJCPIGFHTQO5JWHHNG(QNFGT→5JWHHNG#NN→ 1HH4GRGCV#NNL+PHQTOCVKQP• 5JWHHNG(QNFGT2NC[UHKNGUYKVJKPVJGEWTTGPVHQNFGTKPTCPFQOQTFGT• 5JWHHNG#NN2NC[UHKNGUYKVJKPVJG75$KPTCPFQOQTFGT5ECP2TGUUVJG0HQXDWVVQP▶2TGUU6FDQ'CEJVKOGVJGDWVVQPKURTGUUGFVJGQRVKQPKUEJCPIGFHTQO(QNFGT5ECP→ 5ECP#NN→1HH4GRGCV#NNL+PHQTOCVKQP• (QNFGT5ECP5GCTEJGUHKNGUYKVJKPVJGEWTTGPVHQNFGT• 5ECP#NN5ECPUHKNGUYKVJKPVJG75$KPTCPFQOQTFGT
75$/QFG#WFKQl +PHQ1P+PHQ1HH2TGUUVJG0HQXDWVVQP▶2TGUU,QIR2Q6JGUETGGPFKURNC[ECPDGUGVFKHHGTGPVN[FGRGPFKPIQPWUGTUGNGEVKQP9JGPVJGVKVNGCTVKUVCPFCNDWOKPHQCTGFKURNC[GFVJGDWVVQPKUEJCPIGFVQ,QIR2II2TGUU,QIR2IIVQTGUVQTGVJGRTGXKQWUKPHQTOCVKQPFKURNC[UGVVKPIL+PHQTOCVKQP• 6JGVKVNGCTVKUVCPFCNDWOKPHQCTGFKURNC[GFQPN[YJGPUWEJKPHQTOCVKQPKUTGEQTFGFYKVJKPVJG/2HKNG+&VCI016+%'• 6JGVKVNGCTVKUVCPFCNDWOKPHQCTGFKURNC[GFQPN[YJGPUWEJKPHQTOCVKQPKUTGEQTFGFYKVJKPVJG/2HKNG+&VCI6WDUWLQJ86%,PDJH0RGH2TGUUVJG0(',$MG[▶2TGUU86%,PDJH5GCTEJKPI75$+OCIG(KNGU9JKNGRNC[KPI▶2TGUUVJG!DWVVQPUVQXKGYVJGRTGXKQWUPGZVKOCIGL+PHQTOCVKQP• 2TGUUVJG/LVWDWVVQPVQXKGYVJGNKUVQH75$KOCIGU
86%0RGH8VLQJWKH0HQX%XWWRQV2TGUUVJG0HQXDWVVQPVQUGVVJG5NKFGUJQY4QVCVG+OCIG#FLWUV+OCIG5K\G5CXG+OCIGCPF+PHQOGPWU5NKFGUJQY+PVGTXCN2TGUUVJG0HQXDWVVQP▶2TGUU6OLGHVKRZ+OCIGUNKFGUJQYKPVGTXCNUECPDGUGVCVVHFVHFVHFQTVHFKPVGTXCNU4QVCVKPI+OCIG2TGUUVJG0HQXDWVVQP▶2TGUU5RWDWH,PDJH▶2TGUU'RQH'CEJVKOGVJG5RWDWHDWVVQPKURTGUUGFVJGKOCIGKUTQVCVGFHTQOŇ→Ň→Ň→ ŇFGITGGUL+PHQTOCVKQP• 4QVCVGFKOCIGUCTGPQVUCXGF• 6JGKOCIGYKNNDGTGUVQTGFVQKVUQTKIKPCNRQUKVKQPYJGPTGVWTPKPIVQKVCHVGTXKGYKPICFKHHGTGPVKOCIG
75$/QFG#WFKQl #FLWUVKPI+OCIG5K\G2TGUUVJG0HQXDWVVQP▶2TGUU$GMXVW,PDJH6L]H▶2TGUU'RQH2TGUUVJGDWVVQPUVQGPNCTIGQTTGFWEGVJGKOCIGUK\G6JGUECNGECPDGEJCPIGFVQZZZZZL+PHQTOCVKQP• 'PNCTIGFQTTGFWEGFKOCIGUCTGPQVUCXGF6JGKOCIGYKNNTGUVQTGKVUQTKIKPCNUK\GYJGPTGVWTPKPIVQKVCHVGTXKGYKPICFKHHGTGPVKOCIG• +HVJGKOCIGECPPQVDGHWNN[FKURNC[GFQPVJGUETGGPVQWEJVJGKOCIGVQOQXGVJGUETGGP5CXKPI+OCIG2TGUUVJG0HQXDWVVQP▶2TGUU6DYH,PDJHL+PHQTOCVKQP• (QTFGVCKNUQPWUKPIVJGRKEVWTGHTCOGTGHGTVQVJG2KEVWTG(TCOG5GVVKPIUYKVJKP5GVWR8KGYKPI+PHQ2TGUUVJG0HQXDWVVQP▶2TGUU,QIR6JKUOGPWKUWUGFVQEJGEMKOCIGKPHQTOCVKQPUWEJCUVJGKOCIGTGUQNWVKQPCPFHKNGV[RG
L3RG0RGH8VLQJL3RG'HYLFHVK2QFsKUCTGIKUVGTGFVTCFGOCTMQH#RRNG+PEK2QFOQFGYKNNPQVQRGTCVGKHVJGEQPPGEVGFK2QFECPPQVDGTGEQIPK\GFFWGVQQRGTCVKQPQHWPUWRRQTVGFXGTUKQPUVJCVFQPQVUWRRQTVTGNCVGFRTQVQEQNUK2QFCDPQTOCNKVKGUQTK2QFFGXKEGFGHGEVU5QOGK2QFUYKVJWPUWRRQTVGFEQOOWPKECVKQPRTQVQEQNUOC[PQVRTQRGTN[QRGTCVGYKVJVJG0CXKICVKQPU[UVGO(QTHKHVJIGPGTCVKQPK2QF0CPQFGXKEGUVJGK2QFOC[PQVDGTGEQIPK\GFYJGPVJGDCVVGT[NGXGNKUNQY2NGCUGEJCTIGVJGK2QFHQTWUG5GCTEJRNC[QTFGTUUJQYPYKVJKPVJGK2QFFGXKEGOC[FKHHGTYKVJVJGQTFGTUUJQYPYKVJKPVJG0CXKICVKQPU[UVGO+HVJGK2QFOCNHWPEVKQPUFWGVQCPK2QFFGXKEGFGHGEVTGUGVVJGK2QFCPFVT[CICKP6QNGCTPOQTGTGHGTVQ[QWTK2QFOCPWCN(QTUQOGK2QF6QWEJCPFK2JQPGFGXKEGUEQPPGEVKPI$NWGVQQVJsYJKNGVJGK2QFKUQRGTCVKPIOC[TGUWNVKPFKUEQPVKPWGFK2QFUQWPF9JGPUWEJFGXKEGUYKVJ$NWGVQQVJsUWRRQTVCTGEQPPGEVGFVJKURTQDNGOQEEWTUCUVJGUQWPFUQWTEGKUEJCPIGFHTQOVJG&QEM%QPPGEVQT75$EQPPGEVQTECDNGVQ$NWGDKTF$NWGVQQVJs/QFWNG6QNKUVGPVQVJGK2QFUQWPFTGEQPPGEVVJG75$ECDNGQTGZKVVJGPTGGPVGTK2QFOQFG+PQTFGTVQWUGVJGK2QFYJKNGQRGTCVKPIVJGMG[U[QWOWUVWUGCFGFKECVGFK2QFECDNGVJGECDNGVJCVKUUWRRNKGFYJGPRWTEJCUKPIK2QFK2JQPGRTQFWEVU※ &WTKPI#%%10UVCVGEQPPGEVKPIVJGK2QFVJTQWIJVJGK2QFECDNG6JGECDNGVJCVKUUWRRNKGFYJGPRWTEJCUKPIK2QFK2JQPGRTQFWEVYKNNEJCTIGVJGK2QFVJTQWIJVJGJGCFWPKV※6JGWUGQHIGPWKPGK2QFECDNGUUWRRNKGFD[#RRNGKUTGEQOOGPFGF6JGWUGQHQVJGTRTQFWEVUOC[TGUWNVKPPQKUGQTCDPQTOCNQRGTCVKQP9JGPEQPPGEVKPIYKVJVJGK2QFECDNGOCMGUWTGVQHWNN[KPUGTVVJGLCEMVQRTGXGPVEQOOWPKECVKQPKPVGTHGTGPEG+HVJGK2QFKUEQPPGEVGFVQVJGXGJKENGYJKNGKVKURNC[KPICJKIJRKVEJVQPGOC[UQWPFHQTCDQWV`UGEQPFUKOOGFKCVGN[CHVGTEQPPGEVKQP+HRQUUKDNGEQPPGEVVJGK2QFVQVJGXGJKENGYKVJVJGK2QFUVQRRGFRCWUGF9KVJKPK2JQPGUUVTGCOKPICWFKQCPFK2QFEQPVTQNOC[QEECUKQPCNN[EQPHNKEV+HRTQDNGOURGTUKUVTGOQXGVJGK2JQPGCPFEQPPGEVCICKP5QOGK2QFXGTUKQPUOC[PQVU[PEYKVJVJGU[UVGO+PUWEJECUGUVJGU[UVGOOC[PQVRTQRGTN[TGUVQTGVJGRTGXKQWUN[QRGTCVGFOQFG(QTK2CFUDCVVGT[EJCTIKPIKUPQVUWRRQTVGF#RRNKECVKQPUVJCVCTGPQVGZENWUKXGN[WUGFCUK2QF#RRNKECVKQPUYKVJKPK2JQPGK2QF6QWEJFGXKEGUCTGPQVUWRRQTVGFL3RG
K2QF/QFG#WFKQl 5VGRUWRQP+PKVKCN%QPPGEVKQP5GCTEJ5VGRUOC[FKHHGTFGRGPFKPIQPVJGV[RGQHK2QFFGXKEG5WRRQTVGFK2QF&GXKEGU• 1RGTCVKQPKUUWRRQTVGFCPF#RRNG+PEEGTVKHKGF○• 1RGTCVKQPKUUWRRQTVGFDWVWPEGTVKHKGF △5VGR 5VGR 5VGR 5VGR 5VGR2NC[.KUV 2NC[.KUV 2NC[.KUVPCOGECVGIQT[KUUCOGCUK2QF#TVKUV #TVKUV #TVKUV #NDWO0COG5QPI0COG#NDWO #NDWO #NDWO0COG5QPI0COG)GPTG )GPTG )GPTG0COG#TVKUV0COG#NDWO0COG5QPI0COG5QPI 5QPI 5QPI0COG%QORQUGT %QORQUGT %QORQUGT0COG#NDWO0COG5QPI0COG&GXKEG)GPGTCVKQPUV UV UV UV UV UVK2QF/KPK 0QV5WRRQTVGFK2QF5JWHƀG 0QV5WRRQTVGFK2QF0CPQ ○○○○ ○ ○K2QF6QWEJ ○○○○ 0QV4GNGCUGFK2QF%NCUUKE 0QV5WRRQTVGF○K2QFYKVJXKFGQ○K2QF%NCUUKEK2CF △△△ 0QV4GNGCUGF&GXKEG6[RG )5 ) 5 )K2JQPG ○○△△
L3RG0RGH%DVLF0RGH6FUHHQ0COG &GUETKRVKQP/QFG &KURNC[UEWTTGPVN[QRGTCVKPIOQFG6KVNG &KURNC[UPCOGQHEWTTGPVVKVNG#TVKUV+PHQ #TVKUVPCOG#NDWO+PHQ #NDWOPCOG4GRGCV5JWHƀG (TQO4GRGCV5JWHƀGFKURNC[UVJGEWTTGPVN[QRGTCVKPIHWPEVKQP(KNG+PFGZ 5JQYUVJGEWTTGPVſNGVQVCNſNGUYKVJKPVJGK2QF2NC[6KOG &KURNC[UVJGEWTTGPVRNC[VKOGVQVCNRNC[VKOG4GRGCV 4GRGCVUVJGEWTTGPVN[RNC[KPIſNG5JWHƀG 2NC[UHKNGUKPTCPFQOQTFGT+PHQ1HH+PHQ1P%JCPIGUVJGFKURNC[OGVJQFDGVYGGP+PHQ1HH+PHQ1P• +PHQ1HH5JQYUVKVNGCTVKUVCPFCNDWO+PHQ• +PHQ1P5JQYUVKVNGCTVKUVCNDWOIGPTGCPFEQORQUGTKPHQ/GPW &KURNC[U4GRGCV5JWHƀGCPF+PHQ1P+PHQ1HHOGPWU2TGXKQWU(KNG /QXGUVQVJGRTGXKQWUſNG2NC[2CWUG 2NC[URCWUGUVJGEWTTGPVſNG0GZV(KNG /QXGUVQVJGPGZVſNG.KUV /QXGUVQVJGNKUVUETGGP   
K2QF/QFG#WFKQl 6WDUWLQJ0RGH2TGUUVJG 0(',$ MG[▶2TGUUL3RG +HVJGK2QFKUPQVEQPPGEVGFVJGPVJGL3RGDWVVQPYKNNDGFKUCDNGFL+PHQTOCVKQP• 1PEGCPK2QFKUEQPPGEVGFK2QFOQFGYKNNQRGTCVGCWVQOCVKECNN[016+%'• 5QOGK2QFUYKVJWPUWRRQTVGFEQOOWPKECVKQPRTQVQEQNUOC[PQVRTQRGTN[QRGTCVGYKVJVJG#WFKQU[UVGO2NC[KPIK2QF• 2TGUUVJGԠDWVVQPVQRNC[VJGK2QF• 2TGUUVJGOODWVVQPVQRCWUGVJGK2QF5GCTEJKPIK2QF2TGUUVJG/LVWDWVVQPVQFKURNC[VJGKPKVKCNK2QFNKUVUETGGP9JGPUGCTEJKPICPK2QFKVKURQUUKDNGVQUGCTEJD[2NC[NKUVU#TVKUVU#NDWOU5QPIU)GPTGU%QORQUGTU#WFKQDQQMUCPF2QFECUVU
L3RG0RGHL+PHQTOCVKQP• +HVJGUGCTEJOQFGKUCEEGUUGFYJKNGRNC[KPICUQPIVJGOQUVTGEGPVUGCTEJGFUVGRYKNNDGFKURNC[GF6JGUGCTEJUVGRUWRQPKPKVKCNEQPPGEVKQPCTGNKUVGFDGNQY5GNGEVKPIK2QF(KNGU9JKNGRNC[KPI▶2TGUUVJG!DWVVQPUQTVJG ,  MG[VQRNC[VJGRTGXKQWUPGZVHKNG2TGUUKPICPFJQNFKPIVJG  ,  MG[QXGTUGEQPFUYKNNTGYKPFQTHCUVHQTYCTFVJGEWTTGPVUQPIL+PHQTOCVKQP• 9JKNGVJG ,  MG[KUDGKPIRTGUUGFVJGVTCEMYKNNTGYKPFQTHCUVHQTYCTFCVJKIJURGGFU1PEGVJGMG[KUTGNGCUGFVJG/WUKEYKNNDGIKPRNC[KPICVPQTOCNURGGF
K2QF/QFG#WFKQl 5GCTEJKPIK2QF(KNGU6WTPVJG670'MPQD▶5GCTEJHKNGU▶1PEGVJGFGUKTGFHKNGPCOGKUFKURNC[GFRTGUUVJG 670'MPQD9JGPUGCTEJKPIHKNGUVJGHKNGPWODGTKUFKURNC[GFKPQTCPIG2TGUUKPIVJG 670'MPQDYKNNRNC[VJGEQTTGURQPFKPIHKNGL+PHQTOCVKQP• +HVJGTGCTGPQQRGTCVKQPUYKVJKPUGEQPFUKPHQQPVJGEWTTGPVUQPIYKNNDGTGFKURNC[GF8VLQJWKH0HQX%XWWRQV2TGUUVJG0HQXDWVVQPVQUGVVJG4GRGCV5JWHHNGCPF+PHQ1P+PHQ1HHOGPWU4GRGCV2TGUUVJG0HQXDWVVQP▶2TGUU5HSHDWL+PHQTOCVKQP• 6JGEWTTGPVN[RNC[KPIHKNGKUTGRGCVGF• 2TGUUVJG5HSHDWDWVVQPCICKPVQVWTPQHHTGRGCV5JWHƀG2TGUUVJG0HQXDWVVQP▶2TGUU6KXIIOHL+PHQTOCVKQP• 'CEJVKOGVJG 6KXIIOHDWVVQPKURTGUUGFVJGQRVKQPKUEJCPIGFHTQO5JWHHNG%CVGIQT[→5JWHHNG#NDWO→1HH• 5JWHHNG%CVGIQT[2NC[UHKNGUYKVJKPVJGEWTTGPVECVGIQT[KPTCPFQOQTFGT• 5JWHHNG#NDWO2NC[UHKNGUYKVJKPVJGEWTTGPVECVGIQT[KPTCPFQOQTFGT+PHQ1P+PHQ1HH2TGUUVJG0HQXDWVVQP▶2TGUU,QIR2Q6JGUETGGPFKURNC[ECPDGUGVFKHHGTGPVN[FGRGPFKPIQPWUGTUGNGEVKQP9JGPVJGVKVNGCTVKUVCPFCNDWOKPHQCTGFKURNC[GFVJGDWVVQP,QIR2II2TGUU,QIR2IIVQTGUVQTGVJGRTGXKQWUFKURNC[UGVVKPI
6WDUWLQJ0RGH2TGUUVJG 0(',$ MG[▶2TGUU $8; L+PHQTOCVKQP• +HCPGZVGTPCNFGXKEGEQPPGEVQTKUEQPPGEVGFYKVJVJG#7:VGTOKPCNVJGP#7:OQFGYKNNCWVQOCVKECNN[QRGTCVG1PEGVJGEQPPGEVQTKUFKUEQPPGEVGFVJGRTGXKQWUOQFGYKNNDGTGUVQTGF• #7:OQFGECPDGWUGFQPN[YJGPCPGZVGTPCNCWFKQRNC[GTECOEQTFGTECT8%4GVEJCUDGGPEQPPGEVGF• 6JG#7:XQNWOGECPCNUQDGEQPVTQNNGFUGRCTCVGN[VJTQWIJVJGEQPPGEVGFFGXKEG016+%'• +HQPN[ECDNGEQPPGEVGFVQVJG#7:YKVJQWVCPGZVGTPCNFGXKEGVJGOQFGEJCPIGFVQ#7:DWVPQKUGOC[QEEWT9JGPCPGZVGTPCNFGXKEGKUPQVDGKPIWUGFTGOQXGVJGEQPPGEVQTLCEM• 9JGPVJGGZVGTPCNFGXKEGRQYGTKUEQPPGEVGFVQVJGRQYGTLCEMRNC[KPIVJGGZVGTPCNFGXKEGOC[QWVRWVPQKUG+PUWEJECUGUFKUEQPPGEVVJGRQYGTEQPPGEVKQPDGHQTGWUG&RQQHFWLQJDQ([WHUQDO'HYLFH'ZVGTPCN#7&+1RNC[GTUECPDGRNC[GFVJTQWIJCFGFKECVGFECDNG6JGRQUKVKQPQHVJG#7:LCEMKUCVVJGVQRQHVJGIGCTDQZNQECVGFDGVYGGPVJGFTKXGTCPFRCUUGPIGTUGCVUL+PHQTOCVKQP• 6JGEQNQTUCVWTCVKQPQRVKQPKUPQVUWRRQTVGFYJGPWUKPIVJG2#.EQNQTU[UVGOYKVJKPVJKUFGXKEG$8;0RGH
$NWGVQQVJs#WFKQ/QFG#WFKQl %DVLF0RGH6FUHHQL+PHQTOCVKQP• 6JGVKVNGCTVKUVKPHQOC[PQVDGUWRRQTVGFKPUQOGOQDKNGRJQPGU9JGPKVKUPQVUWRRQTVGFCU[ODQNYKNNDGFKURNC[GF• 6JGRNC[RCWUGHGCVWTGOC[QRGTCVGFKHHGTGPVN[FGRGPFKPIQPVJGOQDKNGRJQPG  0COG &GUETKRVKQP/QFG &KURNC[UEWTTGPVN[RNC[KPIOQFG2JQPG0COG &KURNC[UPCOGQHEQPPGEVGFRJQPG6KVNG 0COGQHEWTTGPVUQPI#TVKUV+PHQ 0COGQHEWTTGPVCTVKUV2NC[ 2NC[U$NWGVQQVJs#WFKQ2CWUG 2CWUGU$NWGVQQVJs#WFKQ%QPPGEVKQPU &KURNC[UVJG%QPPGEVKQPUUETGGP%OXHWRRWKq$XGLR0RGH
8VLQJ%OXHWRRWKp$XGLR0RGH$NWGVQQVJs#WFKQ/QFGECPDGWUGFQPN[YJGPC$NWGVQQVJs#WFKQ/QFGRJQPGJCUDGGPEQPPGEVGF9JKNG$NWGVQQVJs#WFKQ/QFGKURNC[KPIKHVJG$NWGVQQVJsRJQPGKUEQPPGEVGFVJGPVJGOWUKEYKNNCNUQUVQR$NWGVQQVJsUVTGCOKPICWFKQOC[PQVDGUWRRQTVGFYKVJUQOGOQDKNGRJQPGU6WDUWLQJ0RGH2TGUUVJG0(',$MG[▶2TGUU%OXHWRRWK$XGLRL+PHQTOCVKQP• +HVJG$NWGVQQVJsFGXKEGKUPQVEQPPGEVGFVJGPVJG%OXHWRRWK$XGLRDWVVQPYKNNDGFKUCDNGF2NC[KPI$NWGVQQVJs#WFKQ• 2TGUUVJGԠDWVVQPVQRNC[HKNGUUCXGFYKVJKPVJG$NWGVQQVJsRJQPG• 2TGUUVJGOODWVVQPVQRCWUGVJGHKNGL+PHQTOCVKQP• +HVJG$NWGVQQVJsCWFKQFQGUPQVRNC[2TGUUMG[▶2TGUU6HWXS▶%OXHWRRWK▶6WUHDPLQJ$XGLR6HWWLQJ▶+HVJGQRVKQPKUUGVVQ2IIEJCPIGVQ2QCPFVT[CICKP%OXHWRRWKq$XGLR0RGH
$NWGVQQVJs#WFKQ/QFG#WFKQl 5GNGEVKPI$NWGVQQVJs#WFKQ(KNGU9JKNGRNC[KPI▶2TGUUVJG ,MG[▶5GNGEVUVJGRTGXKQWUPGZVHKNGL+PHQTOCVKQP• 6JGVKVNGCTVKUVKPHQOC[PQVDGUWRRQTVGFKPUQOGOQDKNGRJQPGU9JGPKVKUPQVUWRRQTVGFQPN[VJGU[ODQNYKNNDGFKURNC[GF• 6JGRNC[RCWUGHGCVWTGOC[QRGTCVGFKHHGTGPVN[FGRGPFKPIQPVJGOQDKNGRJQPG5GVVKPI%QPPGEVKQP2TGUUVJG&RQQHFWLRQVDWVVQPVQCFFCPGY$NWGVQQVJsRJQPGEQPPGEVFKUEQPPGEVFGNGVGFGNGVGCNNQTXKGYVJG*GNRUGEVKQP0COG &GUETKRVKQP*GNR &KURNC[U$NWGVQQVJs*GNRUETGGP#FF0GY 2CKTCPGY$NWGVQQVJsFGXKEG%QPPGEV&KUEQPPGEV%QPPGEVQTFKUEQPPGEVC$NWGVQQVJsFGXKEG&GNGVG &GNGVGCRCKTGF$NWGVQQVJsFGXKEG&GNGVG#NN &GNGVGCNNRCKTGF$NWGVQQVJsFGXKEGU#WVQ%QPPGEVKQP5GV$NWGVQQVJsRJQPG#WVQ%QPPGEVKQPWRQPUVCTVKPIECTKIPKVKQPL+PHQTOCVKQP• +HOWUKEKUPQV[GVRNC[KPIHTQO[QWTOQDKNGFGXKEGCHVGTEQPXGTVKPIVQUVTGCOKPICWFKQ$NWGVQQVJs#WFKQOQFGRTGUUKPIVJGԠDWVVQPQPEGOC[DGIKPRNC[KPIVJGOWUKE%JGEMVQUGGYJGVJGTOWUKEKURNC[KPIHTQOVJG$NWGVQQVJsFGXKEGCHVGTEQPXGTVKPIVQUVTGCOKPICWFKQOQFG6JG5VTGCOKPICWFKQHGCVWTGOC[PQVDGUWRRQTVGFKPUQOGOQDKNGRJQPGU• (QTOQTGKPHQTOCVKQPQPOQDKNGRJQPGEQORCVKDKNKV[XKUKVVJG-+#/QVQT%QORCP[YGDUKVGYYYMKCEQODNWGVQQVJ
%DVLF0RGH6FUHHQ0\0XVLF0RGH0COG &GUETKRVKQP/QFG &KURNC[UEWTTGPVN[QRGTCVKPIOQFG(KNG &KURNC[UVJGPCOGQHVJGEWTTGPVſNG4GRGCV5JWHHNG5ECP(TQO4GRGCV5JWHHNG5ECPFKURNC[UVJGEWTTGPVN[QRGTCVKPIHWPEVKQP(KNG+PFGZ 5JQYUVJGEWTTGPVſNGVQVCNſNGUYKVJKPVJG/[/WUKE2NC[6KOG &KURNC[UVJGEWTTGPVRNC[VKOGVQVCNRNC[VKOG4GRGCV 4GRGCVUVJGEWTTGPVſNG5JWHƀG 2NC[UſNGUKPTCPFQOQTFGT5ECP 5ECPUVJGDGIKPPKPIRCTVUQHſNGUCRRTQZUGEQPFURGTſNG+PHQ1HH+PHQ1P%JCPIGUVJGFKURNC[OGVJQFDGVYGGP+PHQ1HH+PHQ1P•  +PHQ1HHUJQYUſNGPCOG•  +PHQ1PUJQYUſNGPCOGVKVNGCTVKUVCPFCNDWOKPHQ/GPW &KURNC[U4GRGCV5JWHƀG5ECPCPF+PHQ1P+PHQ1HHOGPWU6KVNG+PHQ &KURNC[UVJGUQPIVKVNG0QVFKURNC[GFYJGPKPHQTOCVKQPKUPQVCXCKNCDNG#TVKUV+PHQ &KURNC[UVJGCTVKUVKPHQTOCVKQP0QVFKURNC[GFYJGPKPHQTOCVKQPKUPQVCXCKNCDNG#NDWO+PHQ &KURNC[UVJGCNDWOKPHQTOCVKQP0QVFKURNC[GFYJGPKPHQTOCVKQPKUPQVCXCKNCDNG2TGXKQWU(KNG•  9JGPVJGRNC[VKOGKUWPFGTUGEQPFU/QXGUVQVJGRTGXKQWUſNG•  9JGPVJGRNC[VKOGKUQXGTUGEQPFU2NC[UVJGEWTTGPVſNGHTQOVJGDGIKPPKPI2NC[2CWUG 2NC[URCWUGUVJGEWTTGPVſNG0GZV(KNG /QXGUVQVJGPGZVſNG.KUV /QXGUVQVJGNKUVUETGGP 
/[/WUKE/QFG#WFKQl 6WDUWLQJ0RGH016+%'• /[/WUKETGHGTUVQCHGCVWTGYJGTGOWUKEHKNGU/29/#YKVJKP75$OGOQT[FTKXGUQT%&UCTGEQRKGFKPVQVJG0CXKICVKQPU[UVGOVQRNC[VJGOYKVJKPVJGXGJKENG2TGUUVJG0(',$MG[▶2TGUU0\0XVLF2NC[KPI/[/WUKE• 2TGUUVJGԠDWVVQPVQRNC[VJGHKNG• 2TGUUVJGOODWVVQPVQRCWUGVJGHKNG5GNGEVKPI/[/WUKE9JKNGRNC[KPI▶2TGUUVJG!DWVVQPUQTVJG ,MG[VQRNC[VJGRTGXKQWUPGZVHKNG• 2TGUUKPICPFJQNFKPIVJG , MG[QXGTUGEQPFUYKNNTGYKPFQTHCUVHQTYCTFVJGEWTTGPVHKNG• 9JKNGVJG ,MG[KUDGKPIRTGUUGFVJGVTCEMYKNNTGYKPFQTHCUVHQTYCTFCVJKIJURGGFU1PEGVJGMG[KUTGNGCUGFVJG/WUKEYKNNDGIKPRNC[KPICVPQTOCNURGGF
L+PHQTOCVKQP• 6JG!DWVVQPUFKURNC[GFQPVJGUETGGPCNNQY[QWVQUGNGEVVJGRTGXKQWUPGZVHKNG• 6JGUGDWVVQPUYKNNPQVTGYKPFQTHCUVHQTYCTFVJGHKNG8VLQJWKH0HQX%XWWRQV2TGUUVJG0HQXDWVVQPVQUGVVJG4GRGCV5JWHHNG5ECP+PHQ1P+PHQ1HHOGPWU4GRGCV2TGUUVJG0HQXDWVVQP▶2TGUU5HSHDW6JGEWTTGPVN[RNC[KPIHKNGKUTGRGCVGFL+PHQTOCVKQP• 2TGUUVJG5HSHDWDWVVQPCICKPVQVWTPQHHTGRGCV+HPQVJKPIKUUGNGEVGFVJGPCNNHKNGUYKNNDGRNC[GFKPUGSWGPVKCNQTFGT5JWHƀG2TGUUVJG0HQXDWVVQP▶2TGUU6KXIIOH9JGPVWTPGFQPHKNGUCTGRNC[GFKPTCPFQOQTFGTL+PHQTOCVKQP• 2TGUUVJG6KXIIOHDWVVQPCICKPVQVWTPVJGUJWHHNGQRVKQPQHH5ECP2TGUUVJG0HQXDWVVQP▶2TGUU6FDQ6JGDGIKPPKPICRRTQZUGEQPFUQHCNNHKNGUCTGUECPPGFL+PHQTOCVKQP• 2TGUUVJG6FDQDWVVQPCICKPVQVWTPVJGUECPQRVKQPQHH0\0XVLF0RGH
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064QWVG5CHGV[&QPQVHQNNQYVJGTQWVGUWIIGUVKQPUKHFQKPIUQYQWNFTGUWNVKPCPWPUCHGQTKNNGICNOCPGWXGTKH[QWYQWNFDGRNCEGFKPCPWPUCHGUKVWCVKQPQTKH[QWYQWNFDGFKTGEVGFKPVQCPCTGCVJCV[QWEQPUKFGTWPUCHG6JGFTKXGTKUWNVKOCVGN[TGURQPUKDNGHQTVJGUCHGQRGTCVKQPQHVJGXGJKENGCPFVJGTGHQTGOWUVGXCNWCVGYJGVJGTKVKUUCHGVQHQNNQYVJGUWIIGUVGFFKTGEVKQPU2QVGPVKCN/CR+PCEEWTCE[/CRUWUGFD[VJKUU[UVGOOC[DGKPCEEWTCVGDGECWUGQHEJCPIGUKPTQCFUVTCHHKEEQPVTQNUQTFTKXKPIEQPFKVKQPU#NYC[UWUGIQQFLWFIOGPVCPFEQOOQPUGPUGYJGPHQNNQYKPIVJGUWIIGUVGFTQWVGU'OGTIGPE[5GTXKEGU&QPQVTGN[QPCP[PCXKICVKQPHGCVWTGUKPENWFGFKPVJGU[UVGOVQTQWVG[QWVQGOGTIGPE[UGTXKEGU#UMNQECNCWVJQTKVKGUQTCPGOGTIGPE[UGTXKEGUQRGTCVQTHQTVJGUGNQECVKQPU0QVCNNGOGTIGPE[UGTXKEGUUWEJCURQNKEGHKTGUVCVKQPUJQURKVCNUCPFENKPKEUCTGEQPVCKPGFKPVJGOCRFCVCDCUGHQTPCXKICVKQPHGCVWTGU7UGQH5RGGEJ4GEQIPKVKQP(WPEVKQPU5RGGEJTGEQIPKVKQPUQHVYCTGKUKPJGTGPVN[CUVCVKUVKECNRTQEGUUYJKEJKUUWDLGEVVQGTTQTU+VKU[QWTTGURQPUKDKNKV[VQOQPKVQTCP[URGGEJTGEQIPKVKQPHWPEVKQPUKPENWFGFKPVJGU[UVGOCPFCFFTGUUCP[GTTQTU
#RRGPFKZl #RRGPFKZ)&&:DUQLQJ75('&'4#.%1//70+%#6+105%1//+55+104#&+1(4'37'0%;+06'4('4'0%'56#6'/'06+0(14/#6+10616*'75'4016'6JKUGSWKROGPVJCUDGGPVGUVGFCPFHQWPFGFVQEQORN[YKVJVJGNKOKVUHQTC%NCUU$FKIKVCNFGXKEGRWTUWCPVVQ2CTVQHVJG(%%4WNGU6JGUGNKOKVUCTGFGUKIPGFVQRTQXKFGTGCUQPCDNGRTQVGEVKQPCICKPUVJCTOHWNKPVGTHGTGPEGKPCTGUKFGPVKCNKPUVCNNCVKQP6JKUGSWKROGPVIGPGTCVGUWUGUCPFECPTCFKCVGTCFKQHTGSWGPE[GPGTI[CPFKHPQVKPUVCNNGFCPFWUGFKPCEEQTFCPEGYKVJVJGKPUVTWEVKQPUOC[ECWUGJCTOHWNKPVGTHGTGPEGVQTCFKQEQOOWPKECVKQPU*QYGXGTVJGTGKUPQIWCTCPVGGVJCVKPVGTHGTGPEGYKNNPQVQEEWTKPCRCTVKEWNCT+PUVCNNCVKQP+HVJKUGSWKROGPVFQUGECWUGJCTOHWNKPVGTHGTGPEGVQTCFKQQTVGNGXKUKQPTGEGRVKQPYJKEJECPDGFGVGTOKPGFD[VWTPKPIVJGGSWKROGPVQHHCPFQPVJGWUGTKUGPEQWTCIGVQVT[VQEQTTGEVVJGKPVGTHGTGPEGD[QPGQTOQTGQHVJGHQNNQYKPIOGCUWTGU• 4GQTKGPVQTTGNQECVGVJGTGEGKXKPICPVGPPC• +PETGCUGVJGUGRCTCVKQPDGVYGGPVJGGSWKROGPVCPFTGEGKXGT• %QPPGEVVJGGSWKROGPVKPVQCPQWVNGVQHCEKTEWKVFKHHGTGPVHTQOVJCVVQYJKEJVJGTGEGKXGTKUEQPPGEVGF• %QPUWNVVJGFGCNGTQTCPGZRGTKGPEGFTCFKQ68VGEJPKEKCPHQTCUUKUVCPEG%JCPIGUQTOQFKHKECVKQPPQVGZRTGUUN[CRRTQXGFD[VJGRCTV[TGURQPUKDNGHQTEQORNKCPEGEQWNFXQKFVJGWUGTŏUCWVJQTKV[VQQRGTCVGVJGGSWKROGPV6JKUGSWKROGPVEQORNKGUYKVJ(%%TCFKCVKQPGZRQUWTGUGVHQTVJHQTCPWPEQPVTQNNGFGPXKTQPOGPV6JKUGSWKROGPVUJQWNFDGKPUVCNNGFCPFQRGTCVGFYKVJOKPKOWOEODGVYGGPVJGTCFKCVQTCPF[QWTDQF[6JKUVTCPUOKVVGTOWUVPQVDGEQNNQECVGFQTQRGTCVKPIKPEQPLWPEVKQPYKVJCP[QVJGTCPVGPPCQTVTCPUOKVVGTWPNGUUCWVJQTK\GFVQFQUQD[VJG(%%
,&:DUQLQJ6JKUFGXKEGEQORNKGUYKVJ+PFWUVT[%CPCFCNKEGPEGGZGORV455UVCPFCTFU1RGTCVKQPKUUWDLGEVVQVJGHQNNQYKPIVYQEQPFKVKQPUVJKUFGXKEGOC[PQVECWUGKPVGTHGTGPEGCPFVJKUFGXKEGOWUVCEEGRVCP[KPVGTHGTGPEGKPENWFKPIKPVGTHGTGPEGVJCVOC[ECWUGWPFGUKTGFQRGTCVKQPQHVJGFGXKEG.GRTÃUGPVCRRCTGKNGUVEQPHQTOGCWZ%04F+PFWUVTKG%CPCFCCRRNKECDNGUCWZCRRCTGKNUTCFKQGZGORVUFGNKEGPEG.GZRNQKVCVKQPGUVCWVQTKUÃGCWZFGWZEQPFKVKQPUUWKXCPVGUNCRRCTGKNPGFQKVRCURTQFWKTGFGDTQWKNNCIGGVNWVKNKUCVGWTFGNCRRCTGKNFQKVCEEGRVGTVQWVDTQWKNNCIGTCFKQÃNGEVTKSWGUWDKOÄOGUKNGDTQWKNNCIGGUVUWUEGRVKDNGFGPEQORTQOGVVTGNGHQPEVKQPPGOGPV
 Appendix  Homologation  FCC Compliance Statement.  This device complies with part 15 of the FCC Rules. Operation is subject to the following two conditions :   (1) This device may not cause harmful interference, and   (2) This device must accept any interference received, including interferencethat may cause undesired operation.  This equipment has been tested and found to comply with the limits for a Class B digital device, pursuant to part 15 of the FCC Rules.      These limits are designed to provide reasonable protection against harmful interference in a residential installation. This equipment generates, uses and can radiate radio frequency energy and, if not installed and used in accordance with the instructions, may cause harmful interference to radio communications. However, there is no guarantee that interference will not occur in a particular installation.      If this equipment does cause harmful interference to radio or television reception, which can be determined by turning the equipment off and on, the user is encouraged to try to correct the interference by one or more of the following measures:        - Reorient or relocate the receiving antenna.       - Increase the separation between the equipment and receiver.       - Connect the equipment into an outlet on a circuit different from that to which the receiver is connected.       - Consult the dealer or an experienced radio/TV technician for help.   Do Not   Any changes or modifications to the equipment not expressly   approved by the party responsible for compliance could void user’s authority to operate the equipment.   Be sure  The antenna(s) used for this device must be installed to provide a separation distance of   at least 20 cm from all persons and must not be co-located or operating in conjunction   with any other antenna or transmitter.
 IC Compliance Statement.          Le present appareil est conforme aux CNR d’Industrie Canada applicables aux appareils radio exempts de licence.    L’exploitation est autorisee aux deux conditions suivantes : (1)  l’appareil ne doit pas produire de brouillage, et (2) l’utilisateur de l’appareil doit accepter tout brouillage radioelectrique subi, meme si le         brouillage est susceptible d’en compromettre le fonctionnement.   This device complies with Industry Canada licence-exempt RSS standard(s). Operation is subject to the following two conditions:   (1) this device may not cause interference, and   (2) this device must accept any interference, including interference that may cause undesired operation of the device.

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