Hitachi Europe launches European Rail Research Centre - Research Centre underpins growing importance of Hitachi's rail business in the UK -

<div dir="ltr" style="text-align: left;" trbidi="on"> <br />  Research Centre underpins growing importance of Hitachi's rail business<br /> in the UK -<br /> <br /> LONDON, October 10, 2012 - Hitachi Europe Ltd., a wholly owned subsidiary of Hitachi, Ltd. (TSE:6501), today announced that it has launched a European Rail Research Centre to support the global growth of Social Innovation Business. The European Rail Research Centre will be located within the Hitachi Rail Europe Ltd. office in central London and will be part of Hitachi Europe's Transportation Energy & Environment Research Laboratory, European Research Division.<br /> <br /> The newly established European Rail Research Centre will focus on a broad range of areas, including rolling stock design (interior and exterior), manufacturing practices, maintenance and Traffic Management Systems.<br /> <br /> Hitachi is enhancing its global research bases to promote localized research and development. Hitachi Europe already has a network of research facilities throughout Europe, consisting of the Hitachi Cambridge Laboratory, the Hitachi Design Centre Europe, the Information and Communication Technology Laboratory, and the Automotive R&D Laboratory. In April 2011, Hitachi Europe newly established the Transportation Energy & Environment Research Laboratory, expanding its European R&D activities to cover its railway, coal-fired thermal power, power electronics and automotive businesses.<br /> <br /> Railway Systems is one Hitachi's core business areas in Europe, with Hitachi Rail Europe recently agreeing to supply, service and maintain the next fleet of rail carriages for the UK's Intercity Express Programme. Hitachi Rail Europe has also received an order from Network Rail Infrastructure Limited ("Network Rail") in the UK for a prototype Traffic Management System. The European Rail Research Centre will support Hitachi's expanding rail business and improve the Hitachi Group's presence in Europe.<br /> <br /> Shigeru Azuhata, Executive Vice President and Executive Officer, Hitachi Group Chief Technology Officer, commented: "At Hitachi, we place huge importance on research and development, as demonstrated by our extensive laboratories around the world. With the growth of our rail business in Europe and the UK, we felt that it was paramount to establish a dedicated research facility directly where key issues in areas such as maintenance, manufacture and Traffic Management Systems will present themselves. This growth in our local capabilities will enable us to better pursue our company's global growth strategy for our Social Innovation Business."<br /> <br /> Kiyoshi Yamamoto, Managing Director of Hitachi Europe, commented: "We expect the European Rail Research Centre to support Hitachi's railway business in Europe and contribute to the development of the region's railway infrastructure. The Research Centre will provide safe and high quality solutions by applying Hitachi's leading technologies. In the future, we'd like to expand the research centre with a local office to directly support Hitachi Rail Europe's planned manufacturing and assembly plant in the UK."<br /> <br /> Alistair Dormer, Executive Chairman and Chief Executive Officer of Hitachi Rail Europe, commented: "Having the new European Rail Research Centre located in our European headquarters is a great asset and shows the level of long-term thinking and investment by Hitachi's Research & Development Division. While Hitachi Rail Europe builds up its manufacturing facility in the UK, the findings of the Research Centre will feed into how we best establish the processes in the plant. Our recent contract win for a prototype for a UK Traffic Management System will be supported by local research. The European Rail Research Centre's work on maintenance practices as carried out by our facility for the Class 395 train in Ashford, Kent, will help us hone our capabilities for maintaining the Super Express Trains for the Intercity Express Programme, showcasing how we are working locally in the UK and Europe on local research topics."<br /> </div>

Hitachi Europe launches European Rail Research Centre - Research Centre underpins growing importance of Hitachi's rail business in the UK -

 Research Centre underpins growing importance of Hitachi's rail business in the UK - LONDON, October 10, 2012 - Hitachi Europe Ltd....

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SANY Participates in Construction of Guangzhou East Tower

<div dir="ltr" style="text-align: left;" trbidi="on"> <br /> <div style="background-color: #c7c7c7; color: #666666; font-family: 'Microsoft Sans Serif', arial, Helvetica, sans-serif, Verdana; font-size: 12px; line-height: 16px; padding: 0px;"> On September 10th, SANY Group signed a contract with China State Construction Engineering Corporation to provide super-high-rise concrete pump for the construction of Guangzhou East Tower. The Guangzhou East Tower is designed to be 530 meters high and will be the highest building in Guangzhou after its completion. Situated in the central area of Zhujiang New City, The Guangzhou East Tower enjoys a perfect geographic location with Guangzhou Library and a five-star hotel nearby.</div> <div style="background-color: #c7c7c7; color: #666666; font-family: 'Microsoft Sans Serif', arial, Helvetica, sans-serif, Verdana; font-size: 12px; line-height: 16px; padding: 0px;"> <br style="margin: 0px; padding: 0px;" />In order to avoid noise pollution to the surrounding region, China State Construction Engineering Corporation stipulated that the noise of the pump couldn’t surpass 70 decibels, which was a bit louder than normal indoor conversations. Can SANY Group meet this challenge?<br style="margin: 0px; padding: 0px;" /> </div> <div style="background-color: #c7c7c7; color: #666666; font-family: 'Microsoft Sans Serif', arial, Helvetica, sans-serif, Verdana; font-size: 12px; line-height: 16px; padding: 0px;"> “Because super-high-rise buildings are always built in the CBD, SANY has already noticed the noise problem,” said Xiaogang Yi, executive vice president of SANY Group and its chief scientist. “We conducted relevant technological studies many years ago, so now we can apply our new research results into the East Tower project.”</div> <div style="background-color: #c7c7c7; color: #666666; font-family: 'Microsoft Sans Serif', arial, Helvetica, sans-serif, Verdana; font-size: 12px; line-height: 16px; padding: 0px;"> <br style="margin: 0px; padding: 0px;" />In addition, in the context of energy conservation and environmental protection advocated by the Chinese government, China State Construction Engineering Corporation required that the pump provided by SANY meet the demands of material-saving and water recycling.</div> <div style="background-color: #c7c7c7; color: #666666; font-family: 'Microsoft Sans Serif', arial, Helvetica, sans-serif, Verdana; font-size: 12px; line-height: 16px; padding: 0px;"> <br style="margin: 0px; padding: 0px;" />Fortunately, the unique washing technology under super-high pressure invented by SANY can fully satisfy this demand. According to the introduction, this technology is able to recycle the remaining concrete in the pipeline, which not only conserves energy and costs, but also avoids environmental pollution. Once applied in the building of the 406-meter Hong Kong International Financial Center, this legendary technology saved about 26,430 m<sup style="margin: 0px; padding: 0px;">3 </sup>of concrete, equivalent to 1.9 million HK dollar for the project.</div> <div style="background-color: #c7c7c7; color: #666666; font-family: 'Microsoft Sans Serif', arial, Helvetica, sans-serif, Verdana; font-size: 12px; line-height: 16px; padding: 0px;"> <br style="margin: 0px; padding: 0px;" />In the East Tower project, through technological innovation, SANY’s two HBT90CH-2150D trailer-type pumps can bring the best of the washing technology, thus saving substantial costs for the client. On the other hand, it can also realize water recycling via some critical techniques like cooling.</div> <div style="background-color: #c7c7c7; color: #666666; font-family: 'Microsoft Sans Serif', arial, Helvetica, sans-serif, Verdana; font-size: 12px; line-height: 16px; padding: 0px;"> <br style="margin: 0px; padding: 0px;" />Moreover, with an energy-saving patent on the computer control of diesel engines, SANY’s pumps can automatically identify various transporting situations and then adjust the rotation rate, torque and the amount of gasoline in diesel engines to achieve power matching. Compared with traditional approaches, it can save over 20% of energy.</div> <div style="background-color: #c7c7c7; color: #666666; font-family: 'Microsoft Sans Serif', arial, Helvetica, sans-serif, Verdana; font-size: 12px; line-height: 16px; padding: 0px;"> <br style="margin: 0px; padding: 0px;" />After the signing ceremony, The Guangzhou East Tower will enter the stage of delivery of concrete to the top of the building being built. Besides SANY’s trailer-type pump, another four HGY placing booms and four portable pumps will also participate in the construction.</div> <div style="background-color: #c7c7c7; color: #666666; font-family: 'Microsoft Sans Serif', arial, Helvetica, sans-serif, Verdana; font-size: 12px; line-height: 16px; padding: 0px;"> <br /></div> <div style="background-color: #c7c7c7; color: #666666; font-family: 'Microsoft Sans Serif', arial, Helvetica, sans-serif, Verdana; font-size: 12px; line-height: 16px; padding: 0px;"> <strong style="margin: 0px; padding: 0px;">Link:The Height of SANY Group</strong></div> <div style="background-color: #c7c7c7; color: #666666; font-family: 'Microsoft Sans Serif', arial, Helvetica, sans-serif, Verdana; font-size: 12px; line-height: 16px; padding: 0px;"> <strong style="margin: 0px; padding: 0px;"><br style="margin: 0px; padding: 0px;" /></strong>At present, SANY has provided pumps for nine of the 14 skyscrapers over 400 meters high under construction, accounting for 70% of nationwide super-high buildings. SANY also provides equipments for all the over 500-meter sky-scrapers in China. All these indicate SANY's leading position in domestic and even global market of super-height pumps.</div> <div style="background-color: #c7c7c7; color: #666666; font-family: 'Microsoft Sans Serif', arial, Helvetica, sans-serif, Verdana; font-size: 12px; line-height: 16px; padding: 0px;"> <br style="margin: 0px; padding: 0px;" />632 meter   Shanghai Tower<br style="margin: 0px; padding: 0px;" />610 meter   Canton Tower<br style="margin: 0px; padding: 0px;" />570 meter   China 117 Tower<br style="margin: 0px; padding: 0px;" />530 meter   Guangzhou East Tower<br style="margin: 0px; padding: 0px;" />518 meter   Dalian Greenland Center<br style="margin: 0px; padding: 0px;" />492 meter   Shanghai World Financial Center<br style="margin: 0px; padding: 0px;" />490 meter   Hong Kong International Commerce Centre<br style="margin: 0px; padding: 0px;" />450 meter   Suzhou International Financial Center<br style="margin: 0px; padding: 0px;" />420 meter   Hong Kong International Financial Center</div> <div style="background-color: #c7c7c7; color: #666666; font-family: 'Microsoft Sans Serif', arial, Helvetica, sans-serif, Verdana; font-size: 12px; line-height: 16px; padding: 0px;"> <br /></div> <div style="background-color: #c7c7c7; color: #666666; font-family: 'Microsoft Sans Serif', arial, Helvetica, sans-serif, Verdana; font-size: 12px; line-height: 16px; padding: 0px; text-align: center;"> <img alt="" src="http://resource.sanygroup.com/images/201210161035202.jpg" style="border: 0px; margin: 0px; padding: 0px; vertical-align: middle;" /></div> </div>

SANY Participates in Construction of Guangzhou East Tower

On September 10th, SANY Group signed a contract with China State Construction Engineering Corporation to provide super-high-rise concrete...

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China's construction machinery industry in 2012

<div dir="ltr" style="text-align: left;" trbidi="on"> <br /> The most discussed topic in 2011, China's construction machinery industry is winter approaching, a time in late 2012, the financial statements of the various engineering machinery Gangster, a topic of discussion in the industry<br />  Directly evolved into the "winter has to.<br /> <br />    But not so gloom gloomy Miles condensate "Every family has the cupboard by every family has its own happiness xiaorizi, some enterprises tough winter contrarian flying, and some companies, some<br />  Business segment revenues declined some product areas increasing at an astonishing rate, even more noteworthy is that the bigwigs of the country to find a sunny stagnation and even retrogression in domestic business.<br /> <br />   August 31, 2012, with the two giants of the Chinese construction machinery industry - Zoomlion and Sany Heavy Industry released a semi-annual report of the first half of 2012, most of the construction machinery industry enterprises Ends<br />  Became reported publish.<br /> <br />    China Industry News reporter comprehensive data found in the first half of 2012, the overall environment of the construction machinery industry is not optimistic, the major companies are facing tremendous pressure, but because of their ability to resist risks<br />  Different scope and business, led to the differentiation of the construction machinery industry enterprises has become increasingly evident.<br /> <br />    Qicheng mainstream engineering machinery enterprise revenue fell<br /> <br />      The related agencies pointed out that the first half of 2012, China's economic growth continues declining trend since last year, the growth rate of fixed asset investment continued to fall, the situation is still tight credit funds, the Chinese workers<br />  The drive machinery industry still faces a grim situation, the magnitude and duration of the production and sales growth rate dropped more than expected.<br /> <br />    , The reporter found that the magnitude of the operating income grew to observe Liugong, Hill pushed shares, Xiamen Engineering shares Anhui Heli, Sunward, the Xugong business income year-on-year negative growth can<br />  Said that each have their own grievances.<br /> <br />    Sunward operating income declined fastest, operating income for the first half of the year is nearly 1.18 billion yuan, 1.9 billion yuan compared to the same period last year, fell as much as 40.69%; total profit of $ 0.42 billion,<br />  Year-on-year decrease of 76.69%, only more than ten percentage points higher than the first Shantui.<br /> <br /> <br />    Sunward decline has a huge growth in the large part of the business, such as lifting machinery, operating income growth of more than 3-fold, reaching 351.77 percent; others such as the fully mechanized coal mining set<br /> <br /> ± ¸ £ ¬ Ôö · ùÒ ² 'ïμ ½ 90.31% ¡ £<br /> <br />    ÍÆÍÁ »úÁìÓòμÄÁúÍ · ÆóÒμ - the Shantui profit decline is particularly evident, total profit fell to less than 100 million yuan from 7.44 billion in the same period last year, a decline of 87.30 percent, creating the<br />  Financial period, the field of construction machinery largest decline recorded profits.<br /> <br />    From the main business market analysis, the reporter found the dramatic decline of the excavator products led to the sharp fall in corporate operating income "legs" less than a year earlier<br /> <br /> <br /> <br />    Xugong's operating income for the first half of this year nearly 18 billion yuan, 19.5 billion yuan, compared to the same period last year, a decrease of 7.96%; profit amounted to 1.82 billion yuan, down 29.91%.<br /> <br />    And the from Xugong main business market situation, ranked in the top three of the operating income decline are: compaction machinery, down 41.82%; road machinery down<br />  33.4%; lifting machinery, down 26.24%.<br /> <br />    Coincidentally, the reporter found that Xugong in decline while a large part of the business to achieve substantial growth, such as fire fighting machinery, a doubling of operating income, an increase of 108.53%;<br />   Machinery, concrete machinery, has more than 20% of solid growth.<br /> <br />    Leading enterprises as excavators and loaders, Liugong's performance is not satisfactory, from January to June this year, its operating income of $ 73.9 million, compared to the same period last year to 10.79 billion yuan, a year-on-year<br />  Down 31.48%; profit amounted to 390 million yuan, down 69.64%, larger than the decline of the indicators.<br /> <br />    Liugong's traditional strengths - construction machinery segment, operating income decreased over the same period last year 31.53%, others such as earthwork machinery, accessories business, has a different rate of decline, but in financing<br />  Leasing segment, operating income increased slightly, to 3.23%.<br /> <br /> <br /> Xiagong equally weak performance, the first half of its total operating income of 42.5 billion yuan, down 39.29%; profit amounted to 350 million yuan and 550 million yuan, compared to the same period last year, a decrease of 36.38%.<br /> <br />    Anhui Heli Forklift most have the right to speak of the indicators is not a decline, operating income in the first half of the year fell to 7.96%, the total profit of 2.46 billion yuan, a year-on-year decline of 12.29%.<br /> <br />    Anhui Heli main business segments - forklift and its accessories business operating income decreased by 11.12% year-on-year, worth business concerns, and as auxiliary business loaders plate, there is a 15.17%<br />  A slight upgrade.<br /> <br />  Associated contrarian flying<br /> <br />    To operating income grew indicators, being the big brother of several engineering machinery, only Zoomlion and Sany two companies to achieve positive growth in revenue year-on-year.<br />    In operating income, Sany Heavy Industry is still the highest in the industry was 31.76 billion yuan, compared to the same period last year to 303 billion yuan, an increase of 4.60%; but total profit decline, $ 63.5 billion,<br />  Year-on-year decline of 13.55%.<br /> <br />    From the market situation of each of the main business, the Sany various business changes, regardless of the increase or decrease, basically hovering at 10%, is very healthy and average.<br /> <br />    Zoomlion operating income of 29.12 billion yuan, ranked second, but the fastest revenue grew 20.59%, topped the list.<br /> <br /> <br /> Zoomlion since 2009, the net profit of view, the first time overtake Sany into first place, the net profit of 5.622 billion yuan, the Sany net profit of 5.16 billion yuan, In addition, Zoomlion<br />  The net profit growth rate of 21.47%, the same topped.<br /> <br />    Analysts said: "Judging from the data, only Zoomlion net profit growth to achieve the adverse economic growth, an important reason is that the company has a balanced product structure, can be described as construction machinery line<br />  'All-round champion' of the industry, a balanced product structure of for Zoomlion against systemic risk has a significant effect. '<br /> <br />    Reporter has learned that, at present, Zoomlion has more than 700 kinds of models, covering 13 major categories, 86 kinds of products series. Concrete machinery Zoomlion successfully in the associated brand pump sold to Germany<br />   Pump own brand in China for the first time to enter the German market; lifting mechanical aspects, Vanda 800 tons crawler crane successfully exported to Iran, record exports of Chinese manufacturing crawler crane largest tonnage record.<br /> <br />    Go out with sunny<br /> <br />    Semi-annual report released by the various enterprises showing a more obvious characteristics, that is, in many enterprises of the domestic business sector stagnated even come down substantially, while foreign business was open<br />  Exhibition to bang, winter compared to the domestic and foreign markets, but the sun is shining.<br /> <br />    Xugong Although the first half of the year as a whole is a slight downward trend, but "wall flowers exceptionally fragrant", achieved substantial growth in international sales, foreign sales increased by 56.04%.<br /> <br />    The sharp fall in domestic revenues, Liugong overseas operations carried out in full swing, the performance is good and, as of June, an increase of 53.56% over the same period last year, an increase of more than half.<br /> <br />    43.66% drop compared to the domestic operating income, the Xiagong shares in foreign markets achievements exceptionally bright, an increase of as much as 91.66%, nearly double the size of the overseas market.<br /> <br />    Look at this year's scarlet Sany and Zoomlion.<br /> <br /> Sany achieved the largest growth in overseas business in the construction machinery industry, foreign sales year-on-year growth of 176.71%, in front of this figure, the 3.89% drop in domestic regional operating income significant<br /> <br />  Too superficial.<br /> <br />    Sany achieved the largest growth in overseas business in the construction machinery industry, foreign sales year-on-year growth of 176.71%, in front of this figure, the 3.89% drop in domestic regional operating income significant<br />  Too superficial.<br /> <br />    Unlike other enterprises sluggish domestic market in the first half, Zoomlion domestic, foreign double harvest, the territory of an increase of 19.78%, overseas sales grew more pronounced, reaching 27.31%.<br /> <br />    The experts pointed out that the different performance of construction machinery all the leading enterprises in domestic and foreign markets, the viability of the domestic enterprises is increasing, from the previous over-reliance on domestic investment-led,<br />   Now learned two legs to walk, pulling the domestic market to the international market, and to achieve a balanced and healthy development, Chinese enterprises in winter learned how to warm.<br /> </div>

China's construction machinery industry in 2012

The most discussed topic in 2011, China's construction machinery industry is winter approaching, a time in late 2012, the financial st...

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Shandong Heavy Industry € 738 million purchase of 25% stake in Germany KION

<div dir="ltr" style="text-align: left;" trbidi="on"> <br /> Shandong Heavy Industry € 738 million purchase of 25% stake in Germany KION<br /> <br /> NetEase, August 31 Shandong Heavy Industry Group Co., Ltd. 's Weichai Power in Germany and the world's second largest forklift manufacturer KION Group signed an investment agreement, Weichai Power will invest 738 million euros to acquire the other 25% stake as well as some the majority of the shares of the business.<br /> <br /> The deal will be so far Chinese companies in Germany, the largest sum of direct investment. Currently, German Chancellor Angela Merkel is to visit China, the German side of the signing of the agreement date was scheduled for the morning, German time, next Monday (September 3), the two sides will also held a signing ceremony in China.<br /> <br /> Under the terms of the agreement, according to the terms of the agreement, Weichai Power's total investment amounted to 738 million euros: 467 million euros through a capital increase in the form KION 25% of the shares acquired, 271 million euros will be used for the acquisition of the KION subordinates hydraulic business 70% majority stake. In addition, the parties have agreed that if the KION future IPO, Weichai Power has the right to select holdings the KION stake to 30%, and the right to further holdings the KION hydraulic business shares.<br /> <br /> Parties anticipate that the transaction will end in the fourth quarter of 2012, subject to certain conditions, including the consent of the third party to give up as well as regulatory approval. KKR and Goldman Sachs, the existing shareholders will continue to retain the KION shares.<br /> <br /> It is understood that the KION Group is second only to the Toyota Automatic Loom Company, the world's second largest forklift manufacturer, and annual revenues of 4.4 billion euros, is the largest foreign forklift manufacturer in China, has two joint venture in Jiangsu and Fujian company. Shandong Heavy Industry Group is the parent company of Weichai Power Co., Ltd., the business covers commercial vehicles, construction machinery, power systems, core components, yacht manufacturing five major sections.<br /> </div>

Shandong Heavy Industry € 738 million purchase of 25% stake in Germany KION

Shandong Heavy Industry € 738 million purchase of 25% stake in Germany KION NetEase, August 31 Shandong Heavy Industry Group Co., Ltd. ...

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The Shandong Heavy negotiations stake KION German forklift manufacturer

<div dir="ltr" style="text-align: left;" trbidi="on"> <br /> The Shandong Heavy negotiations stake KION German forklift manufacturer<br /> Chris Bryant in Frankfurt, the British "Financial Times", Stanley • Pini reported Yar London,<br /> <br /> <br /> Goldman Sachs Goldman Sachs Capital Partners and Kohlberg Kravis Roberts (KKR) is with Shandong Heavy Industry Group (Shandong Heavy Industry) on an equity sale transaction negotiations. If the deal closes, it will become China's largest investment in the size of the German companies.<br /> <br /> It is understood two people familiar with negotiations said the two private equity firms are considering the sale price of about 700000000-800000000 euros German forklift manufacturer KION Group (KION Group) 25% of the shares, as the latter is a entry part of the capital raising plans.<br /> <br /> The transaction will help KION expansion in the crucial Chinese market, and Shandong Heavy Industry Group have the opportunity to learn from the experience in manufacturing of KION in the field of industrial vehicles.<br /> <br /> One of the people familiar with the related negotiations had commenced a few months ago, is now entering the late stage, is expected later this month is expected to formally sign the agreement, but not guaranteed to be able to reach an agreement.<br /> <br /> <br /> Although current European debt crisis, Chinese enterprises still think Germany is an attractive investment destination, because the country has a wealth of experience in machinery manufacturing enterprise.<br /> <br /> , According to a person familiar with the German steel and technology group ThyssenKrupp (ThyssenKrupp) will Tailored Blanks, a subsidiary of negotiations for sale to a Chinese company. ThyssenKrupp said that negotiations are underway, and refused to comment on the identity of the potential buyer.<br /> <br /> Sany (Sany Heavy Industry) this year to 360 million euros and to undertake debt the cost of acquisition of the German concrete pump manufacturer Putzmeister (Putzmeister) After China and Germany also reached a number of enterprises in the field of auto parts transactions. Acquisition cases initiated in Germany, China is still small, because the the Germany family business owners are often unwilling to sell.<br /> <br /> Shandong Heavy Industry Group's industrial products include bulldozers, and heavy-duty gearbox. In January this year, the company acquired the debt-ridden Italian yacht maker Ferretti (Ferretti) a controlling stake.<br /> <br /> Shandong Heavy Industry Group, said on Bloomberg (Bloomberg) does not know the relevant negotiations with the KION Group.<br /> <br /> KION Group, Goldman Sachs and KKR declined a reporter's request for comment.<br /> </div>

The Shandong Heavy negotiations stake KION German forklift manufacturer

The Shandong Heavy negotiations stake KION German forklift manufacturer Chris Bryant in Frankfurt, the British "Financial Times...

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Sany Heavy Industry radical credit sales surge breeding of the malignant tumor financial deterioration risk

<div dir="ltr" style="text-align: left;" trbidi="on"> <br /> <br /> <br /> <br /> "Credit sale" was Sany Heavy Industry (hereinafter referred to as the "three") rapidly improve sales performance magic, but in the real estate overweight, the macroeconomic slowdown background, still radical "credit sale" strategy is getting into so dull pain thirty-one possessed cancer. "<br /> Small customers in big trouble<br /> "Things almost the past year, I can not remember in the end is the day." On and Trinity "unpleasant", Yang is some frustration, but he told the Economic Information Daily (microblogging) "Reporters," that thing "that he will never forget.<br /> Noon the day of August 2011, a construction site in Hotan, Xinjiang, more than 20 big guy carrying clubs suddenly burst into the they get workers control, clamoring for "Who Moved killed who, and forcibly dragged gone a value of more than 90 million excavator. And the owner of this machine is Yang.<br /> "I was not on the site, workers gave me a cell phone, I click on the Mongolia. Ran back to the site, who have the machine towed our car on the chase to catch up, they said to charge $ 60,000 ' towing fee 'was the engineering side not to the settlement, we simply take no money to these people with clubs iron pipe, simply do not and we are talking about, in the end, or force the machine is towed away. "the Lao Yang told reporters .<br /> Not with simple cases of armed robbery, Yang's story, in addition to his own, the other protagonist is the largest construction machinery manufacturer Sany. Yang said he later learned that those people is three faction to own excavator is still Hotan, "locking" (manufacturers prohibit users from further use of the product by other means as G PS) has been more than a year .<br /> Yang, who lives in Zhumadian, Henan, there is not a large-scale contracting team, four dry with a variety of large and small construction projects in the province outside the province. The end of 2008, the state four trillion "stimulus plan introduced like a shot in the arm, across the country overnight cropped up numerous large-scale projects. Yang said, in 2009 and 2010, and his engineering team like ganchang everywhere then the job two years between their own pockets quickly drum up.<br /> Contracting team itself is a hard living, say my age, so wanted to take advantage of the opportunity to improve the strength of the contracting team. "Yang said, the end of 2010, when he moved to the mind to buy large equipment, to be able to take a larger project, and secondly, can the machine rented out, it will not only earn more money, but also peace of mind.<br /> In the beginning of 2011, Yang began to study the market, and eventually decided to buy an excavator. He then came to Zhengzhou High-tech Development Zone, a direct point, asked the price of the SY 235C excavator. The staff told him that the price of this machine are each 95 million. The price for the Lao Yang made a difficult, he said: "engaged in engineering, often for projects to advance, sometimes not got paid on time, so I can not come up with money to buy excavators.<br /> Three sales staff learned Yang concerns, told him, by way of mortgage loans to buy excavators to pay a certain percentage of the down payment, the machine will be able to drive away after time to pay the remaining balance can.<br /> "At that time, the sales staff told me, is to rent out the machines, monthly rents are enough repayment a total mortgage loans is quite suitable, we agreed to."<br /> In April 2011, Lao Yang to pay a share of 20% of the machine about 18 million down payment, will this SY 235C excavator open back. Subsequently, Yang took the machine went straight to Hotan, start a new project. But he did not expect, did not take long for the excavator to a fault. "Is certainly not small problems, simply will not start up." Yang said, in order to complete the project on schedule, he had to pay for their repair machines, but still delayed repair the machine working hours, the duration of the entire project to be postponed.<br /> This delayed triggered a series of storm. Because it fails to complete the project, for projects to be dragged, Yang and therefore unable to timely payment of the balance of the loans for the purchase of the machine. In August 2011, did not receive any reminder, Yang excavator was forcibly dragged away.<br /> Yang said that when that is the employer of the person after the machine is towed away, he was looking for a go theory. In his view, the is the machine quality problems caused project delays, resulting in that he can not pay the balance on time. "I have repeatedly consultation and Trinity, I hope to get back the machine, but they said, must be payable from August 2011 to the present the balance of Yicijiaoqing, or not to machine." Yang think the practice unacceptable, he told reporters, has sued three local court in Zhengzhou.<br /> Radical Sales breeding malignant tumor<br /> In fact, Yang's story is not the case. Beginning in 2011, individual customers by way of credit sales to buy a product, the machine was forcibly dragged things abound. Henan, Hebei, Hunan and dozens of individual customers bought three product about them and Yang similar happened to the "Economic Information Daily" reporters. Lao Yang also showed reporters a list of more than 40 people, he told reporters on the list and, like him, because of the failure to make timely repayment thirty-one towed machine. These people worked together to find the three theory, but they have all failed.<br /> Subsequently, the reporter in the pointing of some customers to access the website of the county-level People's Court in Changsha, Hunan Province, search in more than 70 individual cases there are "contract dispute" or "mortgage loan dispute. The merits of these cases and Yang's story has a lot in common, basically through mortgage loans, or installment credit sales, the purchase of large equipment, timely repayment force to recover the equipment, and the prosecution.<br /> Introduced, according to Yang and other parties to an interview with reporters, a large mechanical engineering equipment forum, starting in 2011, announced that she and Yang have a similar experience of individual customers more than 200 people.<br /> Hebei an engineering team boss told the "Economic Information Daily" reporters, he purchased three hundred eleven of projects worth more than 200 million cars, but after the second half of 2011, it is difficult to project received large projects, and therefore unable to pay loans.<br /> A Trinity of Hunan and Hubei agents told the "Economic Information Daily" reporters "credit sale" is commonly used as a way of selling construction machinery industry, not only the Trinity, Xugong domestic vendors, Caterpillar, Volvo, Doosan Heavy Industries, Komatsu heavy international manufacturers are also widely used, especially in developed countries, credit sales ratio is usually accounted for about 90% of the share of the sales of construction machinery manufacturers.<br /> Credit sales of domestic manufacturers are mainly three forms, bank mortgage, hire purchase and finance lease. "To the agents introduced three sales there are some differences, but they need the manufacturers to guarantee itself qualified and customer qualification stringent scrutiny. The event of a customer not the preceding paragraph, the manufacturer may be subject to joint and several liability.<br /> "What did the trial, they helped do I fill as they say a few tables. Yang said that all formalities, and later bought the machine, do the loan are a sales staff to help handle, but the handle is going well. This smooth process let reporters surprise, asked Yang that he signed and which bank loan agreement, the Lao Yang a moment she could not answer queries contracts, he told reporters Zhengzhou local Everbright Bank. "I put the money to people below, the following people look for Trinity, so they helped handed down." Yang said.<br /> The above-mentioned agents introduced in accordance with the purchase process, customers determine the the purchase three subordinates of finance leasing companies or asset management companies will start the mortgage loan application process, to help customers complete the loan. In this process, affiliated third-party company responsible for the qualification of the audit client, and at the same time guarantee for customers, help customers to obtain bank loans.<br /> However, Yang's experience thirty-one help him through bank loans, seem to ignore the customers qualified to review the key link. At least the old Yang told reporters, throughout the purchase process on the one hand no assets and engineering team strength inquiries and investigations.<br /> A multi-annual report disclosed that the company discretionary Hunan Zhongfa, and Kunshan hair (the Hunan hair subsidiaries) handle customers purchase mortgage loans to the banking application engineering machinery construction machinery and equipment for the production of the company " procedures, and customer charges a commission related loan amount is not more than the purchase of construction machinery paragraph 7, a maximum period of three years. This means, in accordance with the provisions of the mortgage loans, the purchase of equipment, and to pay a minimum of 30% down payment. Yang buy excavators, just pay the 20% down payment, get a smooth device. The reporter found in the survey, the number of personal customers only pay about 15% down payment to get the equipment.<br /> Yang told reporters that he paid more than 20% regarded, some peer large equipment to buy two or three hundred million, less the down payment. In this regard, the agents can also be confirmed. He told reporters that from the start in 2009, construction machinery enterprises in terms of sales, golf ball, in order to seize the customers and bigger sales, manufacturers will reduce the ratio of the first payment, the purchase value of 500 million dollars or even more expensive equipment when three or even allow customers to pay only 5% down payment. These agents introduced in a sales network in 5% of cases are not uncommon, zero down payment of the list also appeared.<br /> "If a finance lease, the customer zero down payment can put the machine to drive away." The agent also told reporters, zero down payment financing and leasing business has been widely used in the field of domestic construction machinery sales, on the one hand the user can quickly obtain machine , on the other hand, the manufacturers can further expand sales.<br /> But the reporter was found in the survey, and Yang, many obtained through finance leases the device individual customers, the same has not been strict qualification examination. Under the management of Volvo and other international companies, apply for financing leasing business for individual customers, except through third party review of the financial strength of the customer, generally also require down payment of a certain percentage of the first payment, otherwise it will generate huge risk.<br /> China Construction Machinery Association, one insider told the "Economic Information Daily" reporters, the expansion very thirty-one radical sales led the overall business often overlooked risk control, and this caused the situation of individual customers can not be on time payment. The agents is introduced, the actual audit of individual customers, the role of this process is very limited due to the three provides guarantees, the bank is almost totally dependent on the audit and to determine.<br /> Lao Yang and Trinity is in credit sales were risk prevention, the reporter contacted the three on the one hand to interview, but as of press time, three on the one hand did not respond.<br /> Out of control the risk of edge<br /> "In 2009, after the 'four trillion' cast down, low down payment or zero down payment does help manufacturers expand sales. But when engineering construction across the country, a bustling individual users be able to repay on time. But now the situation is not the same , real estate regulation, many individuals and small contracting team no job can be dry, would like to repay on time, it is difficult! "said the person familiar with.<br /> , Trinity aggressive sales strategy in this context, is a huge risk to the themselves.<br /> "I know too many personal customers and thirty-one disputes many of our customers are from rural areas, only collateral is to assess the value of the homestead of up to ten million of these people do not have a fixed income, but can be purchased to the value of over one million heavy machinery, real people can not imagine. "the insider added.<br /> In October 2011, Trinity Group released the second phase of the 2011 annual medium-term notes prospectus "disclosure," At present, the product sales of the company's balance sheet is divided into installments, mortgage loans or finance lease and full payment of four species of which about 10% of full payment, about 30% of installments, about 60% of the mortgage loans or finance leases. Insiders pointed out that the Trinity Group taking into account the 90% operating income by Sany Heavy Industry contribution, therefore, Sany sales model should be broadly similar to the Trinity Group.<br /> Sany finance leases in 2010, approximately 10% of the information disclosed in the Hong Kong Stock Exchange in September 2011. Thus, we can roughly calculate about 10% in the Sany four sales model, the proportion of full payment, installment accounts for about 30%, accounted for about 50% of the mortgage loans, finance leases accounted for about 10%. The reporter found that the vast majority of customers the same as the old Yang, installment and mortgage loans to purchase equipment.<br /> The insider installment and mortgage loans, including credit sales of Sany Heavy Industry sales growth has a significant role in promoting but thirty-one excessively loose credit conditions, but downstream demand be overdrawn, but it was finally laid a huge risk.<br /> In fact, a use radical means of credit sales, while Yang are constantly bigger sales, brought deteriorating financial data.<br /> Sany Heavy Industry, "installment" pulling sales made receivables have gone up. The end of 2010, Sany receivables of $ 5.7 billion, has soared to 134 million by the end of June 2011, the end of September 2011 and further rose to 149 billion yuan, to the end of the first quarter of 2012, accounts receivable has been as high as 201 billion compared to the end of 2010, a sharp increase of 14.4 billion yuan, an increase of a staggering 253%.<br /> In addition, the "installment" crowding out a lot of cash flow. Three "net cash flow generated from operating activities of up to 6.75 billion yuan in 2010, but the first three quarters of 2011, this figure fell sharply to -15.2 billion, to the end of the first quarter of 2012, the Digital has become -43.89 billion, showing a cash flow from operating activities is fast deteriorating.<br /> Thirty-one much in love with the "mortgage loan" also bring to the company a huge risk. The fiscal reported data show that as of the end of 2010, the Sany customers through Hunan hair and Kunshan handled mortgage loan balance has reached 17.434 billion yuan, and by the end of 2011, this data has surged to 21.022 billion yuan. Reported that the representation of the three fiscal, of Hunan hair and Kunshan in fat and Sany shared debt compensatory responsibility due to customers overdue payment mortgage loan business, which means that if a user can not be within the stipulated time, the bank repayment Third, we will have to repay the huge debt of 21.022 billion yuan.<br /> As of the end of the first quarter of 2012, a mortgage loans and receivables has accumulated more than 35.4 billion yuan, while outsiders predicted, with the Trinity in August 31, 2012 semi-annual report released two the item financial data may continue to deteriorate. In fact, the three also found that the severity of the problem. Trinity Group in October 2011, in its medium-term notes in the prospectus for the issue of early warning, installment, mortgage loans or finance lease is the Company's main sales method of settlement, if the future of the construction machinery market atrophy, customers of default may increase, which will bring the company's normal production and operation of an impact. In the earnings, this problem has also repeatedly be prompted.<br /> In the terms thirty-one aggressive credit marketing strategies are becoming attached to a malignant tumor on the body, has begun to allow thirty-one aching. The future, whether it will still continue this sales strategy will be the three have to seriously think about the problem.<br /> </div>

Sany Heavy Industry radical credit sales surge breeding of the malignant tumor financial deterioration risk

"Credit sale" was Sany Heavy Industry (hereinafter referred to as the "three") rapidly improve sales performance ma...

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China International Bearing Industry Exhibition (CIBIE)

<div dir="ltr" style="text-align: left;" trbidi="on"> <br /> China International Bearing Industry Exhibition 1990 held by China Bearing Industry Association since the first session, after 20 years of development, has become more sophisticated and more international. 2010 12th International Bearing exhibition area of ​​35,000 square meters, brought together nearly 600 exhibitors from 14 countries and regions, many of whom are world-renowned enterprises. The bearing has become the world's largest professional event. The four-day exhibition, professional audience of over 40,000 people. Buyers are active in 53 countries and regions, the exhibition hall for trade negotiations, many domestic and foreign buyers is the best platform to conduct business negotiations.<br /> Thirteenth China International Bearing Industry Exhibition from September 20 to 23 in 2012 in the Shanghai World Expo Theme Pavilion grand opening. By then, 42,000 square meters of exhibition space, is expected to be from around the world in 18 countries and regions will have more than 600 enterprises with domestic and international audience of over 50,000 people gathered in a. During the exhibition will also be held at the Shanghai International Bearing summit and a series of technical presentations, explore the latest trends of the bearings market, including the latest technological developments and case studies.<br /> <br /> Professionalism is bearing the show's momentum. In this international platform, will be presented to you:<br /> Bearings and related parts and components,<br /> Special bearings and components (automobile hub bearing units, linear motion bearings, constant velocity universal joint assembly, linear guides, linear motors, drive components / systems, spindle, motor spindle unit, ball screw linear guide movement, wind turbines bearings, etc.)<br /> Bearings for machine tools;<br /> Special processing machinery and equipment (washing machines, heat treatment equipment, marking machine, light machine, assembly lines, etc.);<br /> Bearing inspection, measuring and test equipment;<br /> Bearing machining tools, fixtures, abrasive tools and related products;<br /> Machine tool ancillary equipment;<br /> Bearing grease, lubricating and rust-proof materials, cleaning agents;<br /> Information, advice and services.<br /> Outlook and Prospects<br /> A lot of demand for high-precision, high-reliability bearings further promote China's economic development, but also lay a good foundation for the steady development of the bearing industry. 2012 exhibition will be organized to participate in a wider range of domestic and international exhibitors and buyers. Positive when the country "second five" planning the second year, During the exhibition, new products, new technologies, new materials, new techniques show will promote greater development of the trade of bearings, provide a broad space for development.<br /> Show publicity activities:<br /> * Promotional materials mailed to all over the world of professional associations and units, exhibition newsletters, invitations;<br /> * The number of newspapers, professional magazines published in the exhibition information;<br /> * Invitation has the purchasing power of buyers come to visit, negotiate;<br /> * The official website to update the show dynamic;<br /> * Free in the Show Catalogue published in the English Profile exhibitors and products;<br /> * For the professional audience the manufacturers product classification index.<br /> </div>

China International Bearing Industry Exhibition (CIBIE)

China International Bearing Industry Exhibition 1990 held by China Bearing Industry Association since the first session, after 20 years of...

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BICES 2013 Twelfth China (Beijing) International Construction Machinery

<div dir="ltr" style="text-align: left;" trbidi="on"> <br /> BICES 2013<br /> Twelfth China (Beijing) International Construction Machinery, building materials machinery and mining machinery exhibition and technology exchange<br /> (Formerly the Beijing International Construction Machinery Exhibition and Seminar)<br /> <br /> <br /> Cum the same period held<br /> IVEX 2013<br /> China Beijing International Commercial Vehicle Expo<br /> <br /> Exhibition Dates: October 2013 15-18<br /> <br /> Cycle: Biennial in 1989, the first<br /> <br /> Hours: 15-17 October 2013 9:00-17:30<br />                                              -18 9:00-16:00<br /> <br /> Admission is free visit: professional visitors after registration<br /> <br /> Venue: Beijing Jiuhua International Exhibition Center, Beijing, China<br /> <br />                      Beijing Jiuhua International Exhibition Center is located in the North Sixth Ring, go Litang Road Direct<br /> </div>

BICES 2013 Twelfth China (Beijing) International Construction Machinery

BICES 2013 Twelfth China (Beijing) International Construction Machinery, building materials machinery and mining machinery exhibition and...

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2013 Germany Bauma Bauma in Germany (2013)

<div dir="ltr" style="text-align: left;" trbidi="on"> <br /> 2013 Germany Bauma Bauma in Germany (2013)<br /> Exhibition                                        <img alt="2013年德国宝马展" src="http://image.cn.made-in-china.com/20f15j01jZQtGkfzRarM/2013%E5%B9%B4%E5%BE%B7%E5%9B%BD%E5%AE%9D%E9%A9%AC%E5%B1%95.jpg" /><br /> Organizations :: United business collects International Business Consulting Co., Ltd.<br /> Exhibition Dates: 2013-04-15 to 2013-04-21<br /> Venue: New Munich, Germany International Convention and Exhibition Center<br /> Hall address: New Munich, Germany, the International Convention and Exhibition Center<br /> Country: Germany<br /> Show Home: Visit the official website<br /> Trade<br /> Construction and decoration materials, industrial equipment and components, manufacturing and processing machinery, metallurgy mineral and energy<br /> <br /> Exhibits<br /> ; Construction machinery; lifting machinery and transport equipment; construction equipment, tools and special systems; processing and the use of concrete and mortar cement building; of concrete machinery; cement machinery; Formwork and Scaffolding; construction site facilities;, and all kinds of accessories; scaffolding, building templates, and tools. 2: mining industry, mining equipment; mining machinery; mining equipment; mining processing equipment; beneficiation equipment; materials preparation technology (including coking plant equipment) industry equipment and technology products. 3; production of construction materials: the manufacture of cement, lime and gypsum compounds for building materials; machines and systems for the production of concrete, concrete products and prefabricated parts; asphalt production machines and systems; mixing dry mortar production machines and systems, gypsum board and building supply store building products; production the lime sandstone machines and system; building products using power plant residue (fly ash, slag, etc.); production of building materials machinery 4: Components and service suppliers; drive engineering, fluid engineering, electric power unit all related topics; accessories and high-usage parts; services; test, measurement, control and control systems engineering; communication and navigation; work safety industry. 1: All construction machinery and equipment, and related: construction machinery; engineering vehicles<br /> <br /> Show Information<br /> 30, 2013 session of the German international engineering machinery, mining machinery, building materials, machinery, industrial vehicles and Parts Expo<br /> Show time: April 2013 15-21<br /> Venue: New Munich International Exhibition Center New Munich Trade Fair Centre Organizing Committee: Messe München GmbH<br /> Exhibition period: three-year term<br /> Organizer: Beijing Union business collects International Business Consulting Co., Ltd.<br /> About Event: 30th Annual German international engineering machinery, mining machinery, building materials, machinery, industrial vehicles and Parts Expo held bauma 2013 will be held 15-21 April 2013 in Munich, Germany (every three years). The expo is the largest science and technology, commerce, information, and technical cooperation in one construction machinery, mining machinery, construction machinery, engineering vehicles and accessories, such as on the international trade fair, exhibition area is expected to be over 600,000 m2, visit The number of over 550,000 people. The last show in 2010 on the 29th exhibition attracted a total of 3,256 companies from 53 countries participated in the exhibition. The official statistics from more than 200 countries in the world, more than 420,000 people in the trade visitors procurement exchanges. At the same time in 2013, there will be more than 50 industries to provide technology, design, information, trade, lease exchange seminars for exhibitors and visitors. Successfully organized the exhibition in 2010, in 2013, my unit-linked business collects International Business Consulting Co., Ltd. will continue to organize the visit and inspect the work of this industry event exhibitors, exhibition participants examine you bauma2013 provide better service .<br /> Market context: for Europe according to industry sales in the national point of view, the country ranks first in sales in Germany, sales totaled $ 6,000,000,000; ranks second in the United Kingdom, sales amounted to $ 4 billion, and turn down is Italy $ 3.9 billion, France $ 2.9 billion. The production of these four countries accounted for 75% of European engineering equipment production total. 2005 to promote the positive factors of the European equipment needs: Once again, we expected will increase construction projects in Europe, the European Engineering Association forecast construction in Western Europe grew 1.7%, and the construction of the new EU member states, a growth rate of 8.1 %. Therefore, we expect the demand for equipment in the larger construction market will be even greater. Bauma 2013, I believe that Chinese enterprises will achieve greater harvest.<br /> </div>

2013 Germany Bauma Bauma in Germany (2013)

2013 Germany Bauma Bauma in Germany (2013) Exhibition                                         Organizations :: United business collects ...

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Layoffs storm the whole story of sanyi

<br /> July 4, Sany Heavy Equipment Human Resources Director Cai Zelan first come into contact with those disgruntled employee. Because they are at short notice to participate in a six-month off-site training, Caize Lan looks ordinary but all of a sudden be "lit up".<br /> <br /> What happened<br /> <br /> Afternoon, more than 100 people to contain the company's human resources. "They say you want an explanation: outstanding graduate student selection in the year are 985,211 school graduation, why organizations optimize out?" Caize Lan said that most employees feel "shame, inferiority, be abandoned by the department".<br /> <br /> "Our first reaction is to staff some panic. Machinery industry market environment is not good, is not optimistic about the media pass for the information, coupled with on June indeed more than a dozen engineers in the labor contract expires, because the performance appraisal did not meet The company does not have its renewed contract afterthought for many days, Cai Zelan feeling judgments seems a bit optimistic.<br /> <br /> In fact, the staff concerns and industry integrity of adjustment is not unrelated: This year, major construction machinery products decreased greatly, including excavators, bulldozers, cranes, road rollers, pavers cumulative sales of the first five months drop more than 30 percent year on year. The profits of the industry key enterprises for the same period totaled only $ 13.805 billion, down 20.34 percent. This makes the 13 stocks in June, the average decline of up to 18.89% of the construction machinery industry.<br /> <br /> "The market is not good, this training takes so long, but the company did not clear how to arrange training. Another factor was weeks total (refer to the SANY Heavy Equipment general manager Zhou Wanchun) did not come forward." A staff representatives to participate in the negotiations, told reporters.<br /> <br /> The next day, a lot of media began to follow up the matter, several major portal to the news of the class such as "layoffs storm" hanging in a conspicuous location. Trinity Group became an instant target of public criticism, the cumulative decline of the two-day stock has more than 5%. Was looking for companies to claim R & D engineers, evolved into the left, to compensate.<br /> <br /> Day, more than 100 employees decided to leave, related to labor and social security departments have begun to follow up the matter. Caize Lan said: "We had to arrange for training, without ever having left instructions to make these R & D personnel, about to go to so many people to complete the breach of the original intention of the training, it was my job to explain becomes hard to retain." While Group president's instructions to Zhou Wanchun hands: "do not have to lay off basis, shall not be approved."<br /> <br /> Cai Zelan had personally written an open letter. In the letter, he cited the Group Chairman Liang Wengen early to sell the sheep, and Zhou Wanchun experience in the workshop as an apprentice, "You are all graduated less than two years of college students, departments to arrange to attend the training, what a shame, not that dignity compromised. "The full-time training, our work is ready in place, poor communication, does not make clear in the selection process, training forms, training arrangements, leading you to question the purpose of this training, understandable, but please do not doubt the good intentions and expectations of the company to arrange this training. "Caize Lan said.<br /> <br /> After Zhou Wanchun back to the company, two hours discussion with the staff, clear to the employees of several signals. First, they have been the company's most important talent pool, we have invested 2.2 billion yuan mechanized mining Industrial Park have just gone into operation, mechanized mining as a future major profit growth point, the current domestic market share is less than 1% Most of you is fully mechanized mining the future development of preparation. "to shorten the training cycle, reduced from 6 months to 2 months, and during the training period to maintain wages. The third is the employees are free to choose to continue to participate in training, back to the original post or leave.<br /> <br /> Growing Pains<br /> <br /> It temporarily calm down, three internal and did not stop on their own review. Sany Heavy, deputy general manager Liu told reporters, "It was the final analysis, internal staff 'mistake to do' and some of the media's 'misunderstanding'."<br /> <br /> These employees, 60 percent of graduate students graduated last year, a year when Sany Heavy Equipment business of the busiest and fastest growing year. As a result, many employees are not trained directly Placement. "For us to do the engineering machinery, but in fact, no less than the workshop is difficult to do well this thing, our Research Institute and supporting Dean are out from the coal mine." Liu said.<br /> <br /> Trinity Group, training has always been a very conventional project has been a corresponding process. Newspaper reporter to get the Sany Heavy 2012 annual training plan, training courses for different positions up to 117 the total number of training 50,996 people. Caize Lan said: "31 Group to implement the budget evaluation system, but only one cost overruns from budget assessment, is the cost of training. Training hours per capita in 2012 we plan to 92 hours, in preparation for the research and development training, human resources Special in the second half of the budget an additional 1 million. "<br /> <br /> The reporter saw a material, 2011, Sany Heavy training total expenditure of 11,152,100 yuan, the per capita cost of training reached 2779.68 yuan. "This does not include my training center 31 staff wages and benefits, and after each training will staff the exam evaluation, the results will directly affect their pay and promotion." Said Cai Zelan.<br /> <br /> This mechanism has not been questioned in previous years, the company's business by leaps and bounds, all the employees do not believe that three will lay off. When the economic situation is bad in the same way but it will be a different interpretation. "This is what we have not done well, the main objective of adjustment did not make it clear to employees." Liu said. Companies do want to take advantage of (market) this opportunity, these novice melted down, preparing for the future. "Liu is responsible for marketing, marketing and service personnel back to the Secretary for his monthly arrangement in rotation, this month plans stationed overseas over 100 service engineers back to do the training, "the operation rate of the entire coal industry has been very low, might as well let them come back to learn something."<br /> <br /> This starting point and not much problem, and related personnel are not in place when he is in the implementation. Happened, the entire communication is not smooth, many employees believe that their own views are not taken seriously. "The employees involved in the negotiations told reporters. "But in fact, seriously think about, will feel that layoffs do not fly. Coal mechanical level is far below the level of construction machinery, last year faster than the growth of the industry a lot of our new park voted so much money. capacity will be over a hundred billion, you say we layoffs going on? "the whole thing so that Liu feel a little incredible.<br /> <br /> The reporter to get the latest reply was: "due to individual Division staff work without the situation with the staff in advance to communicate, not doing fine, resulting in great views of the staff, and this storm, this is a serious dereliction of duty, the company has given to the relevant person in charge of the administrative level demoted. "<br /> <br /> To create a "myth", and founder Liang Wengen in the eyes of most people has been placed on the altar at Trinity. But in fact, its development has a large part of the reason is just fit the market's most violent period of rally in the market the cold now, as a private enterprise, it needs to be more agile in the market sense of smell and speed of response. Layoff storm "a wake to thirty-one mention the problem of talent is the most important issue of whether it can Everlasting. Growing Pains for a more than 5 million manufacturing enterprises, this is just the process of internationalization hurdle.

Layoffs storm the whole story of sanyi

July 4, Sany Heavy Equipment Human Resources Director Cai Zelan first come into contact with those disgruntled employee. Because they are a...

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Bauma China 2012 pre-registration web

<table border="0" cellpadding="0" cellspacing="0" class="bgcolorFFFFFF" style="background-color: white; color: black; font-family: Arial, Verdana, sans-serif; font-size: 12px; line-height: 13px; width: 100%px;"><tbody> <tr><td valign="top"><table border="0" cellpadding="0" cellspacing="0" style="width: 100%px;"><tbody> <tr><td valign="top"><table border="0" cellpadding="0" cellspacing="0" style="width: 100%px;"><tbody> <tr><td valign="top"><div class="subheadline" style="color: #0177c1; font-size: 1.1em; font-weight: bold; padding-top: 16px;"> xciting numbers—Impressive quality</div> <br /> <div> <img align="right" alt="bauma China 2012" border="0" class="Abstand-links-und-unten" height="175" src="http://media.nmm.de/94/bauma_china_images_medium_22_25655594.jpg" style="border: 0px none; margin-bottom: 5px; margin-left: 10px;" width="175" />1,892 exhibitors from 37 countries and 155,615 trade visitors from 171 countries: bauma China set new records again in 2010. But the international industry gathering is not just convincing because of its remarkable numbers across the board. The quality of its exhibitors and visitors is also impressive.<br /> <br /> All the international key players present their machines and products at bauma China. 93 percent of all visitors here are decision-makers who are looking specifically for new solutions: CEOs, managers, investors and buyers from around the world—and of course from Asia’s major growth markets in particular.<br /> <br /> <b>bauma China 2012</b> | International Trade Fair for Construction Machinery, Building Material Machines, Construction Vehicles and Equipment<br /> <br /> 27–30 November 2012<br /> <br /> Tuesday–Thursday: 9 am–5 pm<br /> Friday: 9 am–3 pm<br /> <br /> Shanghai New International Expo Centre (SNIEC), Shanghai (Pudong)/China <b><br /></b>2345 Longyang Road, Pudong New Area<br /> Shanghai 201204, PR China<br /> 龙阳路 2345 号上海市浦东新区<br /> 201204 中国<b><br /></b><a href="http://www.bauma-china.com/en/travel" style="color: #0177c1; text-decoration: none;">Getting there</a><br /> <br /> <b><a href="http://www.bauma-china.com/link/en/21548731/~/nodeid/15666178" style="color: #0177c1; text-decoration: none;" target="_blank"><img alt="Download" border="0" height="18" src="http://media.nmm.de/00/download_button_15667000.gif" style="border: 0px none;" width="57" /></a> </b><a href="http://www.bauma-china.com/link/en/21548731/~/nodeid/15666178" style="color: #0177c1; text-decoration: none;" target="_blank">Fact Sheet bauma China 2012</a> (pdf, 375 KB)<br /> <br /> <b>Admission:<br /><span class="Schrift-dunkelblau" style="color: #0177c1;">Free of charge upon online pre-registration</span></b><br /> Onsite tickets will be available for <span style="color: red;">RMB 50</span><br /> <br /> <h3> <b><span class="Schrift-dunkelblau" style="color: red;">Free of charge upon online pre-registration  web</span></b></h3> <h3> <a href="http://122.128.106.173/bauma/Visitor/Default.aspx?lang=en">http://122.128.106.173/bauma/Visitor/Default.aspx?lang=en</a></h3> <br /> <b>Visitor registration:</b><br /> Visitor registration will be online from August 2012<br /> <br /> <b>Contact</b><br /> Messe Muenchen International <b><br /></b>Phone +49 89 949-11478<br /> Fax +49 89 949-11479<br /> <a href="mailto:visitor@bauma-china.com" style="color: #0177c1; text-decoration: none;">visitor@bauma-china.com</a><br /> <br /> For P.R. China<br /> MMI (Shanghai) Co., Ltd.<br /> 11th floor, GC Tower,<br /> 1088 Yuanshen Road,<br /> Pudong New Area,<br /> Shanghai 200122, P.R. China<br /> Phone +86 21 20205500<br /> Fax +86 21 20205655 / 20205666<br /> <a href="mailto:baumachina@mmi-shanghai.com" style="color: #0177c1; text-decoration: none;">baumachina@mmi-shanghai.com</a><br /> <br /> <b>Subsidiaries and offices worldwide</b><br /> <br /> <a href="http://www.bauma-china.com/link/en/23835623/~/nodeid/15666178" style="color: #0177c1; text-decoration: none;" target="_blank"><img alt="Download" border="0" height="18" src="http://media.nmm.de/00/download_button_15667000.gif" style="border: 0px none;" width="57" /></a> <a href="http://www.bauma-china.com/link/en/23835623/~/nodeid/15666178" style="color: #0177c1; text-decoration: none;" target="_blank">MMI worldwide – Please click here to download the list</a> (pdf, 84 KB)<br /> <br /> <b>Organizers</b><br /> Messe Muenchen International<br /> MMI (Shanghai) Co., Ltd.<br /> CCMA – China Construction Machinery Association<br /> CCPIT–MSC – China Council for the Promotion of International Trade – Machinery Sub-Council<br /> CNCMC – China Construction Machinery Co., Ltd.<b><a href="http://www.bauma-china.com/link/en/21548731/~/nodeid/15666178" style="color: #0177c1; text-decoration: none;" target="_blank"><br /></a></b></div> </td></tr> </tbody></table> </td></tr> </tbody></table> <table border="0" cellpadding="0" cellspacing="0" style="width: 100%px;"><tbody> <tr><td colspan="4" style="height: 35px;"><img alt="" src="http://www.bauma-china.com/images/shim.gif" style="border: 0px none;" /></td></tr> <tr><td align="left" height="25" nowrap="nowrap" style="text-align: -webkit-auto;"><span style="white-space: normal;"><br /></span></td><td width="100%"><br /></td></tr> <tr><td colspan="4" style="height: 20px;"><img alt="" src="http://www.bauma-china.com/images/shim.gif" style="border: 0px none;" /></td></tr> </tbody></table> </td><td valign="top" width="209"><div style="background-image: url(http://media.nmm.de/11/bauma_china_main_categories_01_21552611.jpg); background-position: 50% 0%; background-repeat: no-repeat no-repeat; height: 163px; position: absolute; right: 0px; top: 96px; width: 209px;"> </div> </td></tr> </tbody></table>

Bauma China 2012 pre-registration web

xciting numbers—Impressive quality 1,892 exhibitors from 37 countries and 155,615 trade visitors from 171 countries: bauma China set ...

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WORKING FOR WOUNDED WARRIORS

<p>Recently a group of Caterpillar employees toured the PolyTraumatic Rehabilitation Center at Hunter Holmes Mcguire VA Medical Center in Richmond, Virginia. While touring the facility, they met with Dr. Shane McNamee, chief of physical medicine and <a href="http://www.polytrauma.va.gov/facilities/Richmond.asp"><strong>rehabilitation at the Department of Veterans Affairs</strong></a>, who is leading a program designed to accelerate rehabilitation and job placement for wounded veterans. One idea that came up was the opportunity for some of these warriors to find employment operating heavy equipment. Enter Cat® Simulators.</p> <p>Simulator training provides a way for operators to gain familiarization and understanding of machine controls and applications; and learn proper operating procedures before training on actual machines. The simulated environment affords a safe place to learn and make mistakes without harm to people, machines or the job site. Simulation training seemed the right first step for the program.</p> <p>Calls to key leaders at Caterpillar and Simformotion LLC, the licensee for Cat Simulators, resulted in immediate action. "The opportunity to give back to the veterans who protect and serve our country is an honor. Our ability to design and manufacture training simulators is a freedom we might not have someplace else," said Simformation CEO Ken Pflederer.</p> <p>Along with a Cat hydraulic excavator simulator, a Simformotion instructor arrived at the PolyTraumatic Rehab Center. More than 10 occupational, physical, kinesthetic and speech therapists were trained on the simulator. They'll soon begin instructing interested polytrauma veterans on a 50-100 hour training program on the excavator simulator. As the vets get ready for work on real iron, the rehab center will turn to Cat® dealer Carter Machinery for access to machines.</p> <p>Working together, teams at Caterpillar, Simformotion and the rehab center are helping create new opportunities for training and enabling wounded veterans to find satisfying careers in heavy equipment.</p> <p><img alt="Caterpillar and Simformotion work together to provide simulators for heavy equipment operation training for wounded verterans." src="http://www.caterpillar.com/cda/files/3400001/7/030912%20Working%20for%20Wounded%20Warriors.jpg"></p>

WORKING FOR WOUNDED WARRIORS

Recently a group of Caterpillar employees toured the PolyTraumatic Rehabilitation Center at Hunter Holmes Mcguire VA Medical Center in Richm...

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New Cat® CT15 Engine Boosts Power of CT660 Vocational Truck

<br /> <div class="MsoNormal" style="line-height: 150%;"> <span lang="EN-US">The new Cat^® CT15 Engine offers Cat CT660 Vocational Truck customers greater horsepower and torque for solid performance in demanding applications. The CT15 joins the CT11 and CT13 as the third engine option for the versatile Cat CT660. The 15-liter engine is available with as much as 550 horsepower and <st1:chmetcnv hasspace="True" negative="False" numbertype="1" sourcevalue="1850" tcsc="0" unitname="lb" w:st="on">1,850 lb</st1:chmetcnv>-ft of torque, which will power the Class 8 truck through heavy-hauling jobs and demanding terrain.</span></div> <div class="MsoNormal" style="line-height: 150%;"> <br /></div> <div class="MsoNormal" style="line-height: 150%;"> <span lang="EN-US">“The CT15 Engine is the perfect power solution for heavy-duty applications and extreme environments,” said George Taylor, Director of the Caterpillar Global On-Highway Truck Group. “Cat Vocational Truck customers can count on the CT15 for years of reliable, durable operation, which translates into a longer-lasting truck and higher resale value.”</span></div> <div class="MsoNormal" style="line-height: 150%;"> <br /></div> <div class="MsoNormal" style="line-height: 150%;"> <span lang="EN-US">The CT15 core is a proven block and crankshaft with billions of miles of operation in demanding truck applications. The dual sequential turbochargers and precisely controlled high-pressure common-rail fuel system enable the CT15 to reach peak torque at 1,200 rpm.  The strong pulling power at low engine speeds allows for shifting at lower speeds when accelerating and reduces the need for shifting when powering up steep grades. Interstage cooling between turbochargers increases air density to maintain power as speeds increase. The result is enhanced productivity and less wear and tear on the truck and driver.</span></div> <div class="MsoNormal" style="line-height: 150%;"> <br /></div> <div class="MsoNormal" style="line-height: 150%;"> <span lang="EN-US">The CT15 also offers an engine brake rated at more than 600 bhp—for industry leading performance. The engine brake helps drivers maintain optimum speeds down steep or long grades without frequent use of the service brakes. Proper use optimizes productivity and lowers maintenance costs.</span></div> <div class="MsoNormal" style="line-height: 150%;"> <br /></div> <div class="MsoNormal" style="line-height: 150%;"> <span lang="EN-US">Like the CT11 and CT13, the Cat CT15 Engine features advanced emissions control technology that helps keep truck weight down and simplifies maintenance. The EGR system reduces NOx in-cylinder without requiring diesel emission fluid. The design eliminates the emission fluid costs and associated maintenance time, and it effectively increases the payload capacity of the truck. </span></div> <div class="MsoNormal" style="line-height: 150%;"> <br /></div> <div class="MsoNormal" style="line-height: 150%;"> <span lang="EN-US">The CT15 is designed for reliable operation. The single electronic control module and fewer electrical connections enhance reliability and reduce diagnostic and maintenance time. The high-quality, foam-molded wiring harness secures wires and connections for increased reliability and durability. Internally, the premium cam and rolling element valve train reduce friction and operational loads for reliable operation, extended durability and peak engine efficiency. Cat vocational truck engines are backed by the unmatched support of the North America Cat dealer network with more than 400 service locations and 2,300 service bays across the <st1:country-region w:st="on">U.S.</st1:country-region> and <st1:country-region w:st="on"><st1:place w:st="on">Canada</st1:place></st1:country-region>.</span></div> <div class="MsoNormal" style="line-height: 150%;"> <br /></div> <div class="MsoNormal" style="line-height: 150%;"> <br /></div>

New Cat® CT15 Engine Boosts Power of CT660 Vocational Truck

The new Cat ® CT15 Engine offers Cat CT660 Vocational Truck customers greater horsepower and torque for solid performance in demanding ap...

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Additional Assistance in Relation to the Great East Japan Earthquake Devastation: Centering on charge-free lending of Komatsu Group's equipment and facilities

<br /> For the Great East Japan Earthquake and tsunami on March 11, 2011, while we, at the Komatsu Group, are working to engage in the maintenance service of construction equipment in operation at the affected areas, we are also offering relief assistance largely in the form of lending our construction equipment, forklift trucks, temporary housing units, power generators and other equipment, all free of charge. Worth JPY1.6 billion, these equipment and facilities are also urgently needed by the concerned municipal governments.<br /> It is projected that reconstruction of the affected areas will take a long time. We are anticipating that we will continue to receive requests for equipment from the municipal governments. In light of these conditions, we are going to offer additional assistance in a similar form, centering on free-of-charge lending of Komatsu Group's equipment and facilities, worth JPY800 million (total assistance in value: JPY2.4 billion).<br /> <br /> We are determined to continue into the future our group-wide assistance aimed at the reconstruction of the affected areas.<br /> <br /> [Contents of Additional Assistance]<br /> ·Free-of-charge lending of construction equipment, forklift trucks, temporary housing units, power generators and other products that the Komatsu Group owns.<br /> ·Donation of prefabricated structures.<br /> ·Subsidies for participants who are taking the operation training course for construction equipment, forklift trucks and other heavy machinery offered by the Miyagi Center of Komatsu Safety Training Center Ltd.<br /> <br /> [Reference]<br /> In addition to the above-mentioned assistance centering on free-of-charge lending of equipment owned by the Komatsu Group, we are offering scholarships (total: JPY400 million) to college students in the disaster-devastated regions.<br /> ·Total of JPY200 billion for students of national technical colleges for 10 years.<br /> <Refer to the news release dated April 15, 2011.><br /> http://www.komatsu.com/CompanyInfo/press/2011041813471627222.html<br /> ·Jointly with Rio Tinto, total of JPY400 million for disaster-stricken undergraduate and graduate students enrolled in Tohoku University in Sendai City for 10 years. (JPY200 million provided by Komatsu)<br /> <Refer to the news release dated June 7, 2011.><br /> http://www.komatsu.com/CompanyInfo/press/2011060713281405555.html<br /> <br /> Information in the news releases is current on the date of the announcement and is subject to change without notice.<br />

Additional Assistance in Relation to the Great East Japan Earthquake Devastation: Centering on charge-free lending of Komatsu Group's equipment and facilities

For the Great East Japan Earthquake and tsunami on March 11, 2011, while we, at the Komatsu Group, are working to engage in the maintenance...

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SANY SCC4000 Crawler Crane Completes Assembly of Ethiopian Wind Power Project

<div style="text-align: left;"> </div> <div style="padding: 0px;"> </div> <div style="padding: 0px;"> <span style="color: #666666; font-family: 'Microsoft Sans Serif', arial, Helvetica, sans-serif, Verdana;"><span style="background-color: white; font-size: 12px; line-height: 16px;"></span></span></div> <div style="padding: 0px;"> <span style="color: #666666; font-family: 'Microsoft Sans Serif', arial, Helvetica, sans-serif, Verdana;">CHANGSHA, CHINA, May 25, 2012 - SANY Heavy Industry is pleased to announce that a SANY SCC4000 crawler crane has successfully completed assembly of the final turbine at the Ethiopian Electric Power Company’s ADAMA wind power project. Chinese Ambassador to Ethiopia Xie Xiaoyan and Ethiopian State Finance Minister Ahmed Shide gathered with other leaders to witness the historic moment.</span></div> <div style="padding: 0px;"> <span style="color: #666666; font-family: 'Microsoft Sans Serif', arial, Helvetica, sans-serif, Verdana;"><br /></span></div> <div style="padding: 0px;"> <span style="color: #666666; font-family: 'Microsoft Sans Serif', arial, Helvetica, sans-serif, Verdana;">At noon, ADAMA’s project manager began giving instructions for the operation, and 15 minutes later, the blades docked perfectly with the 1.5-megawatt nacelle. The SANY SCC4000, known as the number one crane in China, used 84 meters of boom with 9 meters of fixed jib to complete the lift.</span></div> <div style="padding: 0px;"> <span style="color: #666666; font-family: 'Microsoft Sans Serif', arial, Helvetica, sans-serif, Verdana;"><br /></span></div> <div style="padding: 0px;"> <span style="color: #666666; font-family: 'Microsoft Sans Serif', arial, Helvetica, sans-serif, Verdana;">Total installed capacity at the 34-turbine site is 51 megawatts, and the project is the first wind farm in Ethiopia to use Chinese technology, equipment and project management. The wind farm is located in the harsh highlands of eastern Africa, where the SANY SCC4000 displayed superb stability and reliability.</span></div> <div style="padding: 0px;"> <span style="color: #666666; font-family: 'Microsoft Sans Serif', arial, Helvetica, sans-serif, Verdana;"><br /></span></div> <div style="padding: 0px;"> <span style="color: #666666; font-family: 'Microsoft Sans Serif', arial, Helvetica, sans-serif, Verdana;"><br /></span></div> <div style="padding: 0px;"> <span style="color: #666666; font-family: 'Microsoft Sans Serif', arial, Helvetica, sans-serif, Verdana;"><img src="http://resource.sanygroup.com/images/20120522154412412.jpg" /> </span></div> <div style="padding: 0px;"> <span style="color: #666666; font-family: 'Microsoft Sans Serif', arial, Helvetica, sans-serif, Verdana;"><br /></span></div> <div style="padding: 0px;"> <span style="color: #666666; font-family: 'Microsoft Sans Serif', arial, Helvetica, sans-serif, Verdana;"><br /></span></div> <div style="padding: 0px;"> <span style="color: #666666; font-family: 'Microsoft Sans Serif', arial, Helvetica, sans-serif, Verdana;"><br /></span></div> <div style="padding: 0px;"> <span style="color: #666666; font-family: 'Microsoft Sans Serif', arial, Helvetica, sans-serif, Verdana;"><br /></span></div> <div style="padding: 0px;"> <span style="color: #666666; font-family: 'Microsoft Sans Serif', arial, Helvetica, sans-serif, Verdana;"><br /></span></div> <div style="padding: 0px;"> <span style="color: #666666; font-family: 'Microsoft Sans Serif', arial, Helvetica, sans-serif, Verdana;"><br /></span></div> <br /> <br />

SANY SCC4000 Crawler Crane Completes Assembly of Ethiopian Wind Power Project

CHANGSHA, CHINA, May 25, 2012 - SANY Heavy Industry is pleased to announce that a SANY SCC4000 crawler crane has successfully complet...

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Putzmeister debut Trinity tour Taiyuan Station

<span style="background-color: whitesmoke; color: #333333; font-family: arial, sans-serif; font-size: 16px;" title="普茨迈斯特亮相三一巡展太原站所属类别： 企业新闻发布日期： 2012-05-14">Putzmeister debut Trinity tour Taiyuan Station Category: News Date: 2012-05-14</span><span style="background-color: whitesmoke; color: #333333; font-family: arial, sans-serif; font-size: 16px;" title="•这是三一收购大象后，首次共同参加巡展">• This is the Trinity acquisition of elephants, for the first time jointly participate in the tour</span><span style="background-color: whitesmoke; color: #333333; font-family: arial, sans-serif; font-size: 16px;" title="•现场成交3亿元，单笔最大销售1.2亿">• On-site turnover of 300 million yuan, the largest single sale of 120 million<br /></span><span style="background-color: whitesmoke; color: #333333; font-family: arial, sans-serif; font-size: 16px;" title="山西太原，“龙象共舞•三一重工2012品牌体验日”的第16站。">Taiyuan, Shanxi, "Dragon and Elephant • Sany 2012 brand experience Day 16 stations. </span><span style="background-color: whitesmoke; color: #333333; font-family: arial, sans-serif; font-size: 16px;" title="这一站，较之前巡展聚集了更多人气，因为这次展出的不仅有三一的设备，更有普茨迈斯特的高端设备。">This station, compared to the previous tour to gather more popular, because this exhibition is not only 3 equipment more Putzmeister high-end equipment.</span><span style="background-color: whitesmoke; color: #333333; font-family: arial, sans-serif; font-size: 16px;" title="据介绍，这是三一收购德国普茨迈斯特（大象）完成交割后，首次共同参加巡展。">According to reports, this is 3 1 acquisition of the German Putzmeister (elephant) after completion of delivery, for the first time jointly participate in the tour.<br /></span><span style="background-color: whitesmoke; color: #333333; font-family: arial, sans-serif; font-size: 16px;" title="■共同参展，开启深度合作">■ co-exhibitors, open the depth of cooperation<br /></span><span style="background-color: whitesmoke; color: #333333; font-family: arial, sans-serif; font-size: 16px;" title="4月17日，三一收购大象完成股权交割，大象正式成为三一的一员。">April 17, 1 acquisition of an elephant to complete the equity settlement, elephants officially became the Trinity one. </span><span style="background-color: whitesmoke; color: #333333; font-family: arial, sans-serif; font-size: 16px;" title="4月28日，三一的新成员便在泵送事业部“龙象共舞”山西站的巡展活动中正式亮相。">April 28, 3 new members in pumping the tour activities of the Division "Dragon and Elephant" Shanxi station officially unveiled. </span><span style="background-color: whitesmoke; color: #333333; font-family: arial, sans-serif; font-size: 16px;" title="大象中国区销售总经理侯雪梅和大象山西代理商薄朋辉也来到了现场。">The Hou Xuemei of elephants in China, general manager of sales and elephant Shanxi agents thin Peng Hui also came to the scene.</span><span style="background-color: whitesmoke; color: #333333; font-family: arial, sans-serif; font-size: 16px;" title="得知可以一睹三一与大象设备的风采，山西800余名客户也闻讯赶来。">Learned that you can glimpse the presence of one elephant device, Shanxi, more than 800 customers who heard about.</span><span style="background-color: whitesmoke; color: #333333; font-family: arial, sans-serif; font-size: 16px;" title="据介绍，此次大象精心挑选了明星产品参展，包括一台56米奔驰底盘混凝土泵车和一台伸缩式皮带输送车。">According to reports, the elephant carefully chosen star product exhibitors, including a 56 m-Benz chassis, concrete pump trucks and a telescopic belt conveyor car. </span><span style="background-color: whitesmoke; color: #333333; font-family: arial, sans-serif; font-size: 16px;" title="大象的56米泵车是经过大量实地调研，专门根据中国工况以及中国用户的使用习惯研发出的新产品。">The pump 56 meters of the elephant is a new product after a lot of field research, developed specifically according to the Chinese conditions and Chinese users' habits.</span><span style="background-color: whitesmoke; color: #333333; font-family: arial, sans-serif; font-size: 16px;" title="在巡展外场区，大象的设备与三一各种混凝土机械设备整齐列队，接受各地客户的检阅。">Tour outside the field area, the elephants equipment neatly lined up with three to a variety of concrete machinery and equipment to accept customers throughout the review. </span><span style="background-color: whitesmoke; color: #333333; font-family: arial, sans-serif; font-size: 16px;" title="白红相间的外观与三一的全系列产品交相辉映。">White and red and white appearance and a full range of products pavilions. </span><span style="background-color: whitesmoke; color: #333333; font-family: arial, sans-serif; font-size: 16px;" title="曾经的对手如今成为亲密无间的兄弟站在一起，引起了客户的驻足围观，现场热闹非凡。">Opponents now have to become intimate brothers stand together, causing the stop onlookers crowded site.</span><span style="background-color: whitesmoke; color: #333333; font-family: arial, sans-serif; font-size: 16px;" title="据介绍，山西站是三一与大象首次共同参加巡展，实现了真正意义上的“龙象共舞”。">According to reports, Shanxi station is one elephant for the first time jointly participate in the tour, to achieve a true sense of the "Dragon and Elephant". </span><span style="background-color: whitesmoke; color: #333333; font-family: arial, sans-serif; font-size: 16px;" title="此举也标志着双方的合作将进入一个全新的阶段，未来在技术研发、营销渠道、品牌建设方面，三一和大象将会多层次、全方位、更紧密地联系在一起。">The move also marks the cooperation between the two sides will enter a new phase, the future in technology research and development, marketing channels, brand building, and elephants will be a multi-level, comprehensive, more closely linked.<br /> </span><span style="background-color: whitesmoke; color: #333333; font-family: arial, sans-serif; font-size: 16px;" title="■现场成交3亿元">■ site turnover of 300 million yuan<br /></span><span style="background-color: whitesmoke; color: #333333; font-family: arial, sans-serif; font-size: 16px;" title="随着天气的回暖，山西开工建设的号角也逐渐吹响。">With the warmer weather, Shanxi started construction of the horn sounded gradually. </span><span style="background-color: whitesmoke; color: #333333; font-family: arial, sans-serif; font-size: 16px;" title="山西是三一重工的传统强势区域，历年来成绩斐然。">Shanxi is a tradition of strong regional Sany, over the years, impressive. </span><span style="background-color: whitesmoke; color: #333333; font-family: arial, sans-serif; font-size: 16px;" title="凭借卓越的品质和超越客户期望的服务，三一在这里牢固树立了高品质的品牌形象，泵送产品以绝对优势长年保持市场占有率行业第一；而大象领先的技术、遍布世界的">Virtue of superior quality and exceed customer expectations of service, a here firmly establish the brand image of high quality pumping products to an absolute advantage for many years to maintain the market share of industry; elephant leading technology throughout the world</span><span style="background-color: whitesmoke; color: #333333; font-family: arial, sans-serif; font-size: 16px;" title="营销网络和悠久的品牌历史也颇有口碑。">marketing network and a long history of the brand is also quite a reputation.</span><span style="background-color: whitesmoke; color: #333333; font-family: arial, sans-serif; font-size: 16px;" title="据悉，在详细了解了三一和大象未来合作的战略目标和执行策略后，许多山西的客户纷纷表达了购买意向。">It is reported that after a detailed understanding of the strategic objectives of the Trinity and elephants for future cooperation and implementation of strategies, many Shanxi customers have expressed the intention to buy.</span><span style="background-color: whitesmoke; color: #333333; font-family: arial, sans-serif; font-size: 16px;" title="在活动现场，多家单位与三一山西代理商签订了购机协议，共计实现销售3亿元。">At the event, the number of units and one 3 Shanxi agents signed a purchase agreement, a total sales of 300 million yuan. </span><span style="background-color: whitesmoke; color: #333333; font-family: arial, sans-serif; font-size: 16px;" title="其中山西一家公司共计采购搅拌站4套、泵车10台、车载泵7台、搅拌车100台，采购金额总计1.2亿元，创下今年巡展单笔采购金额之最。">Shanxi, a total of procurement mixing station four sets of pump 10, car pump, mixer 100, a procurement totaling 120 million yuan, the highest this year, most of the tour single purchase amount.</span><span style="background-color: whitesmoke; color: #333333; font-family: arial, sans-serif; font-size: 16px;" title="“早在几年前，我们就开始和三一合作，那时候公司规模远没有这么大。我很感谢三一，是三一帮助我的公司逐渐发展壮大。”该公司董事长说道。">"Some years ago, we started the Trinity, when company size is not that great. I am grateful to Trinity, is the one to help my company has grown." Said the chairman of the company. </span><span style="background-color: whitesmoke; color: #333333; font-family: arial, sans-serif; font-size: 16px;" title="同时，他相信，通过“龙象共舞”，三一和大象销售渠道、服务资源、领先技术的整合，会为用户带来全新的技术和产品体验。">At the same time, he believes, "Dragon and Elephant", and an elephant sales channels, service resources, the integration of leading-edge technology will provide users with new technology and product experience. </span><span style="background-color: whitesmoke; color: #333333; font-family: arial, sans-serif; font-size: 16px;" title="（陈锡民 齐海洋）">(Chenxi Min Qi ocean)</span>

Putzmeister debut Trinity tour Taiyuan Station

Putzmeister debut Trinity tour Taiyuan Station Category: News Date: 2012-05-14 • This is the Trinity acquisition of elephants, for the first...

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Hitachi Announces Progress of “2012 Mid-term Management Plan”

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style="letter-spacing: .4pt;">at</span><span style="letter-spacing: .35pt;">i</span><span style="letter-spacing: .4pt;">o</span><span style="letter-spacing: .3pt;">)</span>,<span style="letter-spacing: .4pt;"> ne</span>t <span style="letter-spacing: .4pt;">ea</span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .4pt;">n</span><span style="letter-spacing: .35pt;">i</span><span style="letter-spacing: .4pt;">n</span><span style="letter-spacing: .3pt;">g</span>s<span style="letter-spacing: .3pt;"> </span><span style="letter-spacing: .4pt;">att</span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .35pt;">i</span><span style="letter-spacing: .4pt;">butab</span><span style="letter-spacing: .35pt;">l</span>e<span style="letter-spacing: .2pt;"> </span><span style="letter-spacing: .4pt;">t</span>o<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">Hi</span><span style="letter-spacing: .4pt;">ta</span><span 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style="letter-spacing: .4pt;">a</span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .4pt;">eho</span><span style="letter-spacing: .35pt;">l</span><span style="letter-spacing: .4pt;">de</span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .35pt;">s</span>’ <span style="letter-spacing: .4pt;">e</span><span style="letter-spacing: .3pt;">q</span><span style="letter-spacing: .4pt;">u</span><span style="letter-spacing: .35pt;">i</span><span style="letter-spacing: .5pt;">t</span>y<span style="letter-spacing: .3pt;"> r</span><span style="letter-spacing: .4pt;">at</span><span style="letter-spacing: .35pt;">i</span><span style="letter-spacing: .4pt;">o</span>.<o:p></o:p></span></div> <div class="MsoNormal" style="line-height: 108%; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 23.5pt; margin-right: 41.8pt; margin-top: 0cm;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .3pt; line-height: 108%; mso-fareast-font-family: Arial;">(</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .35pt; line-height: 108%; mso-fareast-font-family: Arial;">R</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .55pt; line-height: 108%; mso-fareast-font-family: Arial;">e</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .25pt; line-height: 108%; mso-fareast-font-family: Arial;">v</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; line-height: 108%; mso-fareast-font-family: Arial;">enue</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; line-height: 108%; mso-fareast-font-family: Arial;">s<span style="letter-spacing: .15pt;"> </span><span style="letter-spacing: .4pt;">a</span><span style="letter-spacing: .3pt;">r</span>e<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .4pt;">e</span><span style="letter-spacing: .25pt;">x</span><span style="letter-spacing: .4pt;">pe</span><span style="letter-spacing: .5pt;">c</span><span style="letter-spacing: .4pt;">te</span>d<span style="letter-spacing: .3pt;"> </span><span style="letter-spacing: .4pt;">t</span>o<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .5pt;">f</span><span style="letter-spacing: .4pt;">a</span><span style="letter-spacing: .35pt;">l</span>l<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .4pt;">be</span><span style="letter-spacing: .35pt;">l</span><span style="letter-spacing: .4pt;">o</span>w<span style="letter-spacing: .3pt;"> </span><span style="letter-spacing: .4pt;">o</span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .45pt;">i</span><span style="letter-spacing: .3pt;">g</span><span style="letter-spacing: .45pt;">i</span><span style="letter-spacing: .4pt;">na</span>l<span style="letter-spacing: .3pt;"> </span><span style="letter-spacing: .4pt;">ta</span><span style="letter-spacing: .3pt;">rg</span><span style="letter-spacing: .4pt;">et</span>s<span style="letter-spacing: .4pt;"> du</span>e<span style="letter-spacing: .6pt;"> </span><span style="letter-spacing: .35pt;">i</span>n<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">pa</span><span style="letter-spacing: .3pt;">r</span>t<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .4pt;">t</span>o<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">th</span>e <span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .4pt;">a</span><span style="letter-spacing: .35pt;">ll</span><span style="letter-spacing: .3pt;">-</span><span style="letter-spacing: .4pt;">t</span>o<span style="letter-spacing: .4pt;"> </span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .4pt;">ed</span><span style="letter-spacing: .35pt;">i</span><span style="letter-spacing: .4pt;">u</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .3pt;">-</span><span style="letter-spacing: .35pt;">si</span><span style="letter-spacing: .25pt;">z</span><span style="letter-spacing: .55pt;">e</span>d<span style="letter-spacing: .05pt;"> </span><span style="letter-spacing: .4pt;">d</span><span style="letter-spacing: .35pt;">is</span><span style="letter-spacing: .4pt;">p</span><span style="letter-spacing: .35pt;">l</span><span style="letter-spacing: .4pt;">a</span>y<span style="letter-spacing: .25pt;"> </span><span style="letter-spacing: .4pt;">bu</span><span style="letter-spacing: .35pt;">si</span><span style="letter-spacing: .4pt;">ne</span><span style="letter-spacing: .35pt;">ss</span>,<span style="letter-spacing: .25pt;"> </span><span style="letter-spacing: .55pt;">e</span><span style="letter-spacing: .4pt;">t</span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .4pt;">.</span>)<o:p></o:p></span></div> <div class="MsoNormal" style="line-height: 108%; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 24.7pt; margin-right: 16.35pt; margin-top: 0cm; text-indent: -19.2pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .3pt; line-height: 108%; mso-fareast-font-family: Arial;">(</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; line-height: 108%; mso-fareast-font-family: Arial;">2</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; line-height: 108%; mso-fareast-font-family: Arial;">)<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .45pt;">T</span><span style="letter-spacing: .4pt;">h</span>e<span style="letter-spacing: .6pt;"> </span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .4pt;">o</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .3pt;">p</span><span style="letter-spacing: .4pt;">an</span>y<span style="letter-spacing: .25pt;"> </span><span style="letter-spacing: .2pt;">w</span><span style="letter-spacing: .35pt;">i</span><span style="letter-spacing: .45pt;">l</span>l<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .4pt;">ont</span><span style="letter-spacing: .35pt;">i</span><span style="letter-spacing: .4pt;">nu</span>e<span style="letter-spacing: .35pt;"> </span><span style="letter-spacing: .4pt;">t</span>o<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">p</span><span style="letter-spacing: .3pt;">ro</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .4pt;">ot</span>e<span style="letter-spacing: .2pt;"> </span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .4pt;">ana</span><span style="letter-spacing: .3pt;">g</span><span style="letter-spacing: .4pt;">e</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .3pt;">e</span><span style="letter-spacing: .4pt;">n</span>t<span style="letter-spacing: .05pt;"> </span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .3pt;">e</span><span style="letter-spacing: .4pt;">a</span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .4pt;">u</span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .4pt;">e</span>s<span style="letter-spacing: .2pt;"> </span><span style="letter-spacing: .4pt;">a</span><span style="letter-spacing: .35pt;">i</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .4pt;">e</span>d<span style="letter-spacing: .45pt;"> </span><span style="letter-spacing: .4pt;">a</span>t <span style="letter-spacing: .4pt;">a</span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .4pt;">h</span><span style="letter-spacing: .35pt;">i</span><span style="letter-spacing: .4pt;">e</span><span style="letter-spacing: .25pt;">v</span><span style="letter-spacing: .35pt;">i</span><span style="letter-spacing: .55pt;">n</span>g<span style="letter-spacing: .3pt;"> gr</span><span style="letter-spacing: .55pt;">o</span><span style="letter-spacing: .2pt;">w</span><span style="letter-spacing: .4pt;">t</span>h<span style="letter-spacing: .45pt;"> </span><span style="letter-spacing: .35pt;">i</span>n<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .5pt;">t</span><span style="letter-spacing: .4pt;">h</span>e<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .3pt;">g</span><span style="letter-spacing: .35pt;">l</span><span style="letter-spacing: .4pt;">oba</span>l<span style="letter-spacing: .4pt;"> </span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .4pt;">a</span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .35pt;">k</span><span style="letter-spacing: .4pt;">e</span>t<span style="letter-spacing: .4pt;"> </span><span style="letter-spacing: .35pt;">wi</span><span style="letter-spacing: .4pt;">t</span>h<span style="letter-spacing: .6pt;"> </span>a<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .4pt;">fo</span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .4pt;">u</span>s<span style="letter-spacing: .45pt;"> </span><span style="letter-spacing: .4pt;">o</span>n<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .4pt;">t</span><span style="letter-spacing: .3pt;">h</span>e<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .4pt;">So</span><span style="letter-spacing: .35pt;">ci</span><span style="letter-spacing: .3pt;">a</span>l<span style="letter-spacing: .35pt;"> </span><span style="letter-spacing: .4pt;">Inno</span><span style="letter-spacing: .25pt;">v</span><span style="letter-spacing: .4pt;">at</span><span style="letter-spacing: .35pt;">i</span><span style="letter-spacing: .4pt;">o</span>n <span style="letter-spacing: .4pt;">Bu</span><span style="letter-spacing: .35pt;">si</span><span style="letter-spacing: .4pt;">ne</span><span style="letter-spacing: .35pt;">ss</span>.<o:p></o:p></span></div> <div class="MsoNormal" style="line-height: 108%; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 21.3pt; margin-right: 2.3pt; margin-top: 0cm; text-indent: -15.7pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .3pt; line-height: 108%; mso-fareast-font-family: Arial;">(</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; line-height: 108%; mso-fareast-font-family: Arial;">3</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; line-height: 108%; mso-fareast-font-family: Arial;">)<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .45pt;">T</span><span style="letter-spacing: .4pt;">h</span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .4pt;">ou</span><span style="letter-spacing: .3pt;">g</span>h<span style="letter-spacing: .35pt;"> </span><span style="letter-spacing: .4pt;">th</span>e<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .4pt;">ont</span><span style="letter-spacing: .35pt;">i</span><span style="letter-spacing: .4pt;">nue</span>d<span style="letter-spacing: .3pt;"> </span><span style="letter-spacing: .4pt;">e</span><span style="letter-spacing: .25pt;">x</span><span style="letter-spacing: .4pt;">e</span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .4pt;">ut</span><span style="letter-spacing: .35pt;">i</span><span style="letter-spacing: .4pt;">o</span>n<span style="letter-spacing: .3pt;"> o</span>f<span style="letter-spacing: .8pt;"> </span><span style="letter-spacing: .3pt;">gr</span><span style="letter-spacing: .4pt;">o</span><span style="letter-spacing: .2pt;">w</span><span style="letter-spacing: .4pt;">t</span>h<span style="letter-spacing: .45pt;"> </span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .4pt;">t</span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .4pt;">at</span><span style="letter-spacing: .55pt;">e</span><span style="letter-spacing: .3pt;">g</span><span style="letter-spacing: .35pt;">i</span><span style="letter-spacing: .4pt;">e</span><span style="letter-spacing: .35pt;">s</span>,<span style="letter-spacing: .2pt;"> </span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .4pt;">o</span><span style="letter-spacing: .35pt;">s</span>t<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .4pt;">t</span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .4pt;">u</span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .4pt;">tu</span><span style="letter-spacing: .3pt;">r</span>e<span style="letter-spacing: .35pt;"> </span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .4pt;">e</span><span style="letter-spacing: .5pt;">f</span><span style="letter-spacing: .4pt;">o</span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">s</span>, <span style="letter-spacing: .4pt;">an</span>d<span style="letter-spacing: .6pt;"> </span><span style="letter-spacing: .4pt;">bu</span><span style="letter-spacing: .35pt;">si</span><span style="letter-spacing: .4pt;">ne</span><span style="letter-spacing: .35pt;">s</span>s<span style="letter-spacing: .3pt;"> </span><span style="letter-spacing: .35pt;">m</span><span style="letter-spacing: .4pt;">ode</span>l<span style="letter-spacing: .35pt;"> i</span><span style="letter-spacing: .4pt;">nno</span><span style="letter-spacing: .25pt;">v</span><span style="letter-spacing: .4pt;">at</span><span style="letter-spacing: .35pt;">i</span><span style="letter-spacing: .4pt;">on</span><span style="letter-spacing: .35pt;">s</span>,<span style="letter-spacing: .1pt;"> </span><span style="letter-spacing: .35pt;">Hi</span><span style="letter-spacing: .4pt;">ta</span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .4pt;">h</span>i<span style="letter-spacing: .5pt;"> </span><span style="letter-spacing: .35pt;">wil</span>l<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .5pt;">t</span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .45pt;">i</span><span style="letter-spacing: .25pt;">v</span>e<span style="letter-spacing: .5pt;"> </span><span style="letter-spacing: .4pt;">t</span>o<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">be</span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .4pt;">o</span><span style="letter-spacing: .45pt;">m</span>e<span style="letter-spacing: .35pt;"> </span>a<span style="letter-spacing: .6pt;"> </span><span style="letter-spacing: .3pt;">g</span><span style="letter-spacing: .35pt;">l</span><span style="letter-spacing: .4pt;">oba</span>l<span style="letter-spacing: .4pt;"> </span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .4pt;">a</span><span style="letter-spacing: .35pt;">j</span><span style="letter-spacing: .4pt;">o</span>r <span style="letter-spacing: .4pt;">p</span><span style="letter-spacing: .35pt;">l</span><span style="letter-spacing: .4pt;">a</span><span style="letter-spacing: .25pt;">y</span><span style="letter-spacing: .4pt;">e</span>r<span style="letter-spacing: .35pt;"> </span><span style="letter-spacing: .4pt;">tha</span>t<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .4pt;">e</span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .4pt;">pond</span>s<span style="letter-spacing: .25pt;"> </span><span style="letter-spacing: .4pt;">t</span>o<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .3pt;">g</span><span style="letter-spacing: .35pt;">l</span><span style="letter-spacing: .4pt;">oba</span>l<span style="letter-spacing: .4pt;"> need</span>s<span style="letter-spacing: .4pt;"> th</span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .4pt;">o</span><span style="letter-spacing: .3pt;">ug</span>h<span style="letter-spacing: .4pt;"> th</span>e<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .4pt;">So</span><span style="letter-spacing: .35pt;">ci</span><span style="letter-spacing: .4pt;">a</span>l<span style="letter-spacing: .35pt;"> </span><span style="letter-spacing: .4pt;">Inno</span><span style="letter-spacing: .25pt;">v</span><span style="letter-spacing: .4pt;">at</span><span style="letter-spacing: .35pt;">i</span><span style="letter-spacing: .4pt;">o</span>n<span style="letter-spacing: .25pt;"> </span><span style="letter-spacing: .4pt;">Bu</span><span style="letter-spacing: .35pt;">si</span><span style="letter-spacing: .4pt;">ne</span><span style="letter-spacing: .35pt;">ss</span>.<o:p></o:p></span></div> </div> <span lang="EN-US" style="font-family: "Calibri","sans-serif"; font-size: 11.0pt; line-height: 115%; mso-ansi-language: EN-US; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: "Times New Roman"; mso-bidi-language: AR-SA; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: 宋体; mso-fareast-language: EN-US; mso-fareast-theme-font: minor-fareast; mso-hansi-theme-font: minor-latin;"><br clear="all" style="mso-break-type: section-break; page-break-before: always;" /> </span> <div class="WordSection2"> <div class="MsoNormal" style="line-height: 10.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; mso-line-height-rule: exactly;"> <br /></div> <div class="MsoNormal" style="line-height: 13.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 0cm; margin-right: 0cm; margin-top: .95pt; mso-line-height-rule: exactly;"> <br /></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 5.6pt; margin-right: -1pt; margin-top: 1.45pt;"> <b><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; mso-fareast-font-family: Arial;">1</span></b><b><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">.<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .4pt;">P</span><span style="letter-spacing: .35pt;">rogr</span><span style="letter-spacing: .4pt;">es</span>s<span style="letter-spacing: .3pt;"> </span><span style="letter-spacing: .4pt;">O</span><span style="letter-spacing: .15pt;">v</span><span style="letter-spacing: .4pt;">e</span><span style="letter-spacing: .5pt;">r</span><span style="letter-spacing: .3pt;">v</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .55pt;">e</span>w</span></b><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;"><o:p></o:p></span></div> <div class="MsoNormal" style="line-height: 13.55pt; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 18.8pt; margin-right: -1.0pt; margin-top: 2.5pt; mso-line-height-rule: exactly;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .3pt; mso-fareast-font-family: Arial; mso-text-raise: -.5pt; position: relative; top: .5pt;">(</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; mso-fareast-font-family: Arial; mso-text-raise: -.5pt; position: relative; top: .5pt;">1</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial; mso-text-raise: -.5pt; position: relative; top: .5pt;">)<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .45pt;">F</span><span style="letter-spacing: .3pt;">Y</span><span style="letter-spacing: .4pt;">201</span>1<span style="letter-spacing: .4pt;"> </span><span style="letter-spacing: .35pt;">R</span><span style="letter-spacing: .4pt;">e</span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .4pt;">u</span><span style="letter-spacing: .35pt;">l</span><span style="letter-spacing: .4pt;">t</span><span style="letter-spacing: .35pt;">s</span>,<span style="letter-spacing: .3pt;"> </span><span style="letter-spacing: .35pt;">F</span><span style="letter-spacing: .3pt;">Y</span><span style="letter-spacing: .4pt;">201</span>2<span style="letter-spacing: .4pt;"> </span><span style="letter-spacing: .35pt;">F</span><span style="letter-spacing: .4pt;">o</span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .4pt;">e</span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .4pt;">a</span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .4pt;">t</span>s<span style="letter-spacing: .2pt;"> </span><span style="letter-spacing: .4pt;">an</span>d<span style="letter-spacing: .6pt;"> </span><span style="letter-spacing: .45pt;">T</span><span style="letter-spacing: .4pt;">a</span><span style="letter-spacing: .3pt;">rg</span><span style="letter-spacing: .4pt;">et</span>s</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;"><o:p></o:p></span></div> <div class="MsoNormal" style="line-height: 2.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 0cm; margin-right: 0cm; margin-top: .4pt; mso-line-height-rule: exactly;"> <br /></div> <table border="0" cellpadding="0" cellspacing="0" class="MsoNormalTable" style="border-collapse: collapse; margin-left: 19.7pt; mso-padding-alt: 0cm 0cm 0cm 0cm; mso-table-layout-alt: fixed; mso-yfti-tbllook: 480;"> <tbody> <tr style="height: 18.5pt; mso-height-rule: exactly; mso-yfti-firstrow: yes; mso-yfti-irow: 0;"> <td style="border: solid black 1.0pt; height: 18.5pt; mso-border-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 4.0cm;" valign="top" width="151"> <div class="MsoNormal"> <br /></div> </td> <td style="border-left: none; border: solid black 1.0pt; height: 18.5pt; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 4.0cm;" valign="top" width="151"> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 11pt; margin-right: -1pt; margin-top: 1.95pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .35pt; mso-fareast-font-family: Arial;">F</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .3pt; mso-fareast-font-family: Arial;">Y</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; mso-fareast-font-family: Arial;">201</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">1<span style="letter-spacing: .4pt;"> </span><span style="letter-spacing: .35pt;">R</span><span style="letter-spacing: .4pt;">e</span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .4pt;">u</span><span style="letter-spacing: .35pt;">l</span><span style="letter-spacing: .4pt;">t</span>s<o:p></o:p></span></div> </td> <td style="border-left: none; border: solid black 1.0pt; height: 18.5pt; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 120.6pt;" valign="top" width="161"> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 3.85pt; margin-right: -1pt; margin-top: 0.2pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .35pt; mso-fareast-font-family: Arial;">F</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .3pt; mso-fareast-font-family: Arial;">Y</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; mso-fareast-font-family: Arial;">201</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">2<span style="letter-spacing: .4pt;"> </span><span style="letter-spacing: .35pt;">F</span><span style="letter-spacing: .4pt;">o</span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .4pt;">e</span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .4pt;">a</span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .5pt;">t</span></span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 8.0pt; letter-spacing: .3pt; mso-fareast-font-family: Arial; mso-text-raise: 5.5pt; position: relative; top: -5.5pt;">(</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 8.0pt; letter-spacing: .35pt; mso-fareast-font-family: Arial; mso-text-raise: 5.5pt; position: relative; top: -5.5pt;">*</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 8.0pt; letter-spacing: .45pt; mso-fareast-font-family: Arial; mso-text-raise: 5.5pt; position: relative; top: -5.5pt;">1</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 8.0pt; mso-fareast-font-family: Arial; mso-text-raise: 5.5pt; position: relative; top: -5.5pt;">)</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 8.0pt; mso-fareast-font-family: Arial;"><o:p></o:p></span></div> </td> <td style="border-left: none; border: solid black 1.0pt; height: 18.5pt; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 112.3pt;" valign="top" width="150"> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 6.1pt; margin-right: -1pt; margin-top: 0.2pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .35pt; mso-fareast-font-family: Arial;">F</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .3pt; mso-fareast-font-family: Arial;">Y</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; mso-fareast-font-family: Arial;">201</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">2<span style="letter-spacing: .4pt;"> </span><span style="letter-spacing: .45pt;">T</span><span style="letter-spacing: .4pt;">a</span><span style="letter-spacing: .3pt;">rg</span><span style="letter-spacing: .4pt;">e</span><span style="letter-spacing: .45pt;">t</span></span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 8.0pt; letter-spacing: .3pt; mso-fareast-font-family: Arial; mso-text-raise: 5.5pt; position: relative; top: -5.5pt;">(</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 8.0pt; letter-spacing: .35pt; mso-fareast-font-family: Arial; mso-text-raise: 5.5pt; position: relative; top: -5.5pt;">*2</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 8.0pt; mso-fareast-font-family: Arial; mso-text-raise: 5.5pt; position: relative; top: -5.5pt;">)</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 8.0pt; mso-fareast-font-family: Arial;"><o:p></o:p></span></div> </td> </tr> <tr style="height: 36.5pt; mso-height-rule: exactly; mso-yfti-irow: 1;"> <td style="border-top: none; border: solid black 1.0pt; height: 36.5pt; mso-border-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 4.0cm;" valign="top" width="151"> <div class="MsoNormal" style="line-height: 10.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 0cm; margin-right: 0cm; margin-top: 1.0pt; mso-line-height-rule: exactly;"> <br /></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 5.1pt; margin-right: -1pt; margin-top: 0cm;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .35pt; mso-fareast-font-family: Arial;">R</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; mso-fareast-font-family: Arial;">e</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .25pt; mso-fareast-font-family: Arial;">v</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; mso-fareast-font-family: Arial;">enue</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">s<o:p></o:p></span></div> </td> <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 36.5pt; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 4.0cm;" valign="top" width="151"> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 65pt; margin-right: -1pt; margin-top: 1.95pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; mso-fareast-font-family: Arial;">9,665.</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">8<o:p></o:p></span></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 50.25pt; margin-right: -1pt; margin-top: 4.2pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; mso-fareast-font-family: Arial;">b</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .35pt; mso-fareast-font-family: Arial;">illi</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; mso-fareast-font-family: Arial;">o</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">n<span style="letter-spacing: .6pt;"> </span><span style="letter-spacing: .25pt;">y</span><span style="letter-spacing: .4pt;">e</span>n<o:p></o:p></span></div> </td> <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 36.5pt; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 120.6pt;" valign="top" width="161"> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 72.1pt; margin-right: -1pt; margin-top: 1.95pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; mso-fareast-font-family: Arial;">9,100.</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">0<o:p></o:p></span></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 57.3pt; margin-right: -1pt; margin-top: 4.2pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; mso-fareast-font-family: Arial;">b</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .35pt; mso-fareast-font-family: Arial;">illi</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; mso-fareast-font-family: Arial;">o</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">n<span style="letter-spacing: .6pt;"> </span><span style="letter-spacing: .25pt;">y</span><span style="letter-spacing: .4pt;">e</span>n<o:p></o:p></span></div> </td> <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 36.5pt; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 112.3pt;" valign="top" width="150"> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 67.55pt; margin-right: -1pt; margin-top: 1.95pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; mso-fareast-font-family: Arial;">10,00</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">0<o:p></o:p></span></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 49.05pt; margin-right: -1pt; margin-top: 4.2pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; mso-fareast-font-family: Arial;">b</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .35pt; mso-fareast-font-family: Arial;">illi</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; mso-fareast-font-family: Arial;">o</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">n<span style="letter-spacing: .6pt;"> </span><span style="letter-spacing: .25pt;">y</span><span style="letter-spacing: .4pt;">e</span>n<o:p></o:p></span></div> </td> </tr> <tr style="height: 36.6pt; mso-height-rule: exactly; mso-yfti-irow: 2;"> <td style="border-top: none; border: solid black 1.0pt; height: 36.6pt; mso-border-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 4.0cm;" valign="top" width="151"> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 5.1pt; margin-right: -1pt; margin-top: 2.1pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; mso-fareast-font-family: Arial;">Ope</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .3pt; mso-fareast-font-family: Arial;">r</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; mso-fareast-font-family: Arial;">at</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .35pt; mso-fareast-font-family: Arial;">i</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; mso-fareast-font-family: Arial;">n</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">g<span style="letter-spacing: .1pt;"> </span><span style="letter-spacing: .35pt;">i</span><span style="letter-spacing: .4pt;">n</span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .4pt;">o</span><span style="letter-spacing: .45pt;">m</span>e<o:p></o:p></span></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 5.1pt; margin-right: -1pt; margin-top: 4.2pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .3pt; mso-fareast-font-family: Arial;">(r</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; mso-fareast-font-family: Arial;">at</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .35pt; mso-fareast-font-family: Arial;">i</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; mso-fareast-font-family: Arial;">o</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">)<o:p></o:p></span></div> </td> <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 36.6pt; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 4.0cm;" valign="top" width="151"> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 14.6pt; margin-right: -1pt; margin-top: 2.1pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; mso-fareast-font-family: Arial;">412.</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">2<span style="letter-spacing: .5pt;"> </span><span style="letter-spacing: .4pt;">b</span><span style="letter-spacing: .35pt;">illi</span><span style="letter-spacing: .4pt;">o</span>n<span style="letter-spacing: .5pt;"> </span><span style="letter-spacing: .25pt;">y</span><span style="letter-spacing: .4pt;">e</span>n<o:p></o:p></span></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 70.05pt; margin-right: -1pt; margin-top: 4.2pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .3pt; mso-fareast-font-family: Arial;">(</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; mso-fareast-font-family: Arial;">4.3%</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">)<o:p></o:p></span></div> </td> <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 36.6pt; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 120.6pt;" valign="top" width="161"> <div class="MsoNormal" style="line-height: 11.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 0cm; margin-right: 0cm; margin-top: .1pt; mso-line-height-rule: exactly;"> <br /></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 77.1pt; margin-right: -1pt; margin-top: 0cm;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .3pt; mso-fareast-font-family: Arial;">(</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; mso-fareast-font-family: Arial;">5.3%</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">)<o:p></o:p></span></div> </td> <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 36.6pt; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 112.3pt;" valign="top" width="150"> <div class="MsoNormal" style="line-height: 11.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 0cm; margin-right: 0cm; margin-top: .1pt; mso-line-height-rule: exactly;"> <br /></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 48.45pt; margin-right: -1pt; margin-top: 0cm;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .3pt; mso-fareast-font-family: Arial;">(</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .5pt; mso-fareast-font-family: Arial;">O</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .25pt; mso-fareast-font-family: Arial;">v</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; mso-fareast-font-family: Arial;">e</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">r<span style="letter-spacing: .4pt;"> 5%</span>)<o:p></o:p></span></div> </td> </tr> <tr style="height: 54.5pt; mso-height-rule: exactly; mso-yfti-irow: 3;"> <td style="border-top: none; border: solid black 1.0pt; height: 54.5pt; mso-border-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 4.0cm;" valign="top" width="151"> <div class="MsoNormal" style="line-height: 130%; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 5.1pt; margin-right: 40.5pt; margin-top: 1.95pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .35pt; line-height: 130%; mso-fareast-font-family: Arial;">N</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; line-height: 130%; mso-fareast-font-family: Arial;">e</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; line-height: 130%; mso-fareast-font-family: Arial;">t<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .35pt;">i</span><span style="letter-spacing: .4pt;">n</span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .4pt;">o</span><span style="letter-spacing: .45pt;">m</span>e <span style="letter-spacing: .4pt;">att</span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .35pt;">i</span><span style="letter-spacing: .4pt;">butab</span><span style="letter-spacing: .35pt;">l</span>e<o:p></o:p></span></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 5.1pt; margin-right: -1pt; margin-top: 0.1pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; mso-fareast-font-family: Arial;">t</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">o<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">Hi</span><span style="letter-spacing: .4pt;">ta</span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .4pt;">h</span><span style="letter-spacing: .35pt;">i</span>,<span style="letter-spacing: .35pt;"> </span><span style="letter-spacing: .4pt;">Ltd</span>.<o:p></o:p></span></div> </td> <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 54.5pt; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 4.0cm;" valign="top" width="151"> <div class="MsoNormal" style="line-height: 9.5pt; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 0cm; margin-right: 0cm; margin-top: .5pt; mso-line-height-rule: exactly;"> <br /></div> <div class="MsoNormal" style="line-height: 10.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; mso-line-height-rule: exactly;"> <br /></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 14.6pt; margin-right: -1pt; margin-top: 0cm;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; mso-fareast-font-family: Arial;">347.</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">1<span style="letter-spacing: .5pt;"> </span><span style="letter-spacing: .4pt;">b</span><span style="letter-spacing: .35pt;">illi</span><span style="letter-spacing: .4pt;">o</span>n<span style="letter-spacing: .5pt;"> </span><span style="letter-spacing: .25pt;">y</span><span style="letter-spacing: .4pt;">e</span>n<o:p></o:p></span></div> </td> <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 54.5pt; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 120.6pt;" valign="top" width="161"> <div class="MsoNormal" style="line-height: 9.5pt; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 0cm; margin-right: 0cm; margin-top: .5pt; mso-line-height-rule: exactly;"> <br /></div> <div class="MsoNormal" style="line-height: 10.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; mso-line-height-rule: exactly;"> <br /></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 21.7pt; margin-right: -1pt; margin-top: 0cm;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; mso-fareast-font-family: Arial;">200.</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">0<span style="letter-spacing: .5pt;"> </span><span style="letter-spacing: .4pt;">b</span><span style="letter-spacing: .35pt;">illi</span><span style="letter-spacing: .4pt;">o</span>n<span style="letter-spacing: .5pt;"> </span><span style="letter-spacing: .25pt;">y</span><span style="letter-spacing: .4pt;">e</span>n<o:p></o:p></span></div> </td> <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 54.5pt; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 112.3pt;" valign="top" width="150"> <div class="MsoNormal" style="line-height: 130%; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 10.65pt; margin-right: 2.4pt; margin-top: 1.95pt; text-indent: 26.05pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .35pt; line-height: 130%; mso-fareast-font-family: Arial;">C</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; line-height: 130%; mso-fareast-font-family: Arial;">on</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .35pt; line-height: 130%; mso-fareast-font-family: Arial;">sis</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; line-height: 130%; mso-fareast-font-family: Arial;">tent</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .45pt; line-height: 130%; mso-fareast-font-family: Arial;">l</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; line-height: 130%; mso-fareast-font-family: Arial;">y <span style="letter-spacing: .3pt;">g</span><span style="letter-spacing: .4pt;">ene</span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .4pt;">at</span>e<span style="letter-spacing: .35pt;"> </span><span style="letter-spacing: .4pt;">a</span>t<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">l</span><span style="letter-spacing: .4pt;">ea</span><span style="letter-spacing: .35pt;">s</span>t<o:p></o:p></span></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 24.1pt; margin-right: -1pt; margin-top: 0.1pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; mso-fareast-font-family: Arial;">20</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">0<span style="letter-spacing: .6pt;"> </span><span style="letter-spacing: .4pt;">b</span><span style="letter-spacing: .35pt;">illi</span><span style="letter-spacing: .4pt;">o</span>n<span style="letter-spacing: .5pt;"> </span><span style="letter-spacing: .25pt;">y</span><span style="letter-spacing: .4pt;">e</span>n<o:p></o:p></span></div> </td> </tr> <tr style="height: 72.5pt; mso-height-rule: exactly; mso-yfti-irow: 4;"> <td style="border-top: none; border: solid black 1.0pt; height: 72.5pt; mso-border-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 4.0cm;" valign="top" width="151"> <div class="MsoNormal" style="line-height: 7.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 0cm; margin-right: 0cm; margin-top: .25pt; mso-line-height-rule: exactly;"> <br /></div> <div class="MsoNormal" style="line-height: 10.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; mso-line-height-rule: exactly;"> <br /></div> <div class="MsoNormal" style="line-height: 10.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; mso-line-height-rule: exactly;"> <br /></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 5.1pt; margin-right: -1pt; margin-top: 0cm;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .35pt; mso-fareast-font-family: Arial;">D</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; mso-fareast-font-family: Arial;">/</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">E<span style="letter-spacing: .6pt;"> </span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .4pt;">at</span><span style="letter-spacing: .35pt;">i</span><span style="letter-spacing: .45pt;">o</span></span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 8.0pt; letter-spacing: .3pt; mso-fareast-font-family: Arial; mso-text-raise: 5.5pt; position: relative; top: -5.5pt;">(</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 8.0pt; letter-spacing: .35pt; mso-fareast-font-family: Arial; mso-text-raise: 5.5pt; position: relative; top: -5.5pt;">*</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 8.0pt; letter-spacing: .45pt; mso-fareast-font-family: Arial; mso-text-raise: 5.5pt; position: relative; top: -5.5pt;">3</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 8.0pt; mso-fareast-font-family: Arial; mso-text-raise: 5.5pt; position: relative; top: -5.5pt;">)</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 8.0pt; mso-fareast-font-family: Arial;"><o:p></o:p></span></div> </td> <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 72.5pt; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 4.0cm;" valign="top" width="151"> <div align="right" class="MsoNormal" style="line-height: 147%; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 5.1pt; margin-right: 4.35pt; margin-top: 2.0pt; text-align: right; text-indent: 41.65pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; line-height: 147%; mso-fareast-font-family: Arial;">0.8</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; line-height: 147%; mso-fareast-font-family: Arial;">6<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .4pt; mso-font-width: 99%;">t</span><span style="letter-spacing: .35pt; mso-font-width: 99%;">i</span><span style="letter-spacing: .45pt; mso-font-width: 99%;">m</span><span style="letter-spacing: .4pt; mso-font-width: 99%;">e</span>s </span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .4pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">(</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .35pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">M</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .45pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">a</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .35pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">nu</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .45pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">f</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .35pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">a</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .4pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">c</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .35pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">tu</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .55pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">r</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .45pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">i</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .35pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">ng</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">, </span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .3pt; line-height: 147%; mso-fareast-font-family: Arial;">S</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .35pt; line-height: 147%; mso-fareast-font-family: Arial;">e</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .55pt; line-height: 147%; mso-fareast-font-family: Arial;">r</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .4pt; line-height: 147%; mso-fareast-font-family: Arial;">v</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .3pt; line-height: 147%; mso-fareast-font-family: Arial;">i</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .45pt; line-height: 147%; mso-fareast-font-family: Arial;">c</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .35pt; line-height: 147%; mso-fareast-font-family: Arial;">e</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; line-height: 147%; mso-fareast-font-family: Arial;">s<span style="letter-spacing: .45pt;"> </span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .45pt;">n</span>d<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .4pt; mso-font-width: 99%;">O</span><span style="letter-spacing: .5pt; mso-font-width: 99%;">t</span><span style="letter-spacing: .35pt; mso-font-width: 99%;">he</span><span style="letter-spacing: .4pt; mso-font-width: 99%;">rs</span>:<o:p></o:p></span></div> <div align="right" class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 0cm; margin-right: 4.5pt; margin-top: 1.15pt; text-align: right;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .35pt; mso-fareast-font-family: Arial;">0.</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .45pt; mso-fareast-font-family: Arial;">5</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; mso-fareast-font-family: Arial;">6<span style="letter-spacing: .5pt;"> </span><span style="letter-spacing: .45pt; mso-font-width: 99%;">t</span><span style="letter-spacing: .3pt; mso-font-width: 99%;">i</span><span style="letter-spacing: .6pt; mso-font-width: 99%;">m</span><span style="letter-spacing: .35pt; mso-font-width: 99%;">e</span><span style="letter-spacing: .4pt; mso-font-width: 99%;">s</span>)<o:p></o:p></span></div> </td> <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 72.5pt; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 120.6pt;" valign="top" width="161"> <div align="right" class="MsoNormal" style="line-height: 147%; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 7.65pt; margin-right: 4.5pt; margin-top: 2.0pt; text-align: right; text-indent: 46.2pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; line-height: 147%; mso-fareast-font-family: Arial;">0.8</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; line-height: 147%; mso-fareast-font-family: Arial;">0<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .4pt; mso-font-width: 99%;">t</span><span style="letter-spacing: .35pt; mso-font-width: 99%;">i</span><span style="letter-spacing: .45pt; mso-font-width: 99%;">m</span><span style="letter-spacing: .4pt; mso-font-width: 99%;">e</span>s </span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .4pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">(</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .35pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">M</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .45pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">a</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .35pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">nu</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .45pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">f</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .35pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">a</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .4pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">c</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .35pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">tu</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .55pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">r</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .45pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">i</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .35pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">ng</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">, </span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .3pt; line-height: 147%; mso-fareast-font-family: Arial;">S</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .35pt; line-height: 147%; mso-fareast-font-family: Arial;">e</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .55pt; line-height: 147%; mso-fareast-font-family: Arial;">r</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .4pt; line-height: 147%; mso-fareast-font-family: Arial;">v</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .3pt; line-height: 147%; mso-fareast-font-family: Arial;">i</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .4pt; line-height: 147%; mso-fareast-font-family: Arial;">c</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .35pt; line-height: 147%; mso-fareast-font-family: Arial;">e</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; line-height: 147%; mso-fareast-font-family: Arial;">s<span style="letter-spacing: 2.65pt;"> </span><span style="letter-spacing: .45pt;">a</span><span style="letter-spacing: .35pt;">n</span>d <span style="letter-spacing: .05pt;"> </span><span style="letter-spacing: .4pt; mso-font-width: 99%;">O</span><span style="letter-spacing: .45pt; mso-font-width: 99%;">t</span><span style="letter-spacing: .35pt; mso-font-width: 99%;">he</span><span style="letter-spacing: .4pt; mso-font-width: 99%;">rs</span>:<o:p></o:p></span></div> <div align="right" class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 0cm; margin-right: 4.6pt; margin-top: 1.15pt; text-align: right;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .35pt; mso-fareast-font-family: Arial;">0.</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .45pt; mso-fareast-font-family: Arial;">5</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; mso-fareast-font-family: Arial;">0  <span style="letter-spacing: .35pt; mso-font-width: 99%;">t</span><span style="letter-spacing: .3pt; mso-font-width: 99%;">i</span><span style="letter-spacing: .6pt; mso-font-width: 99%;">m</span><span style="letter-spacing: .35pt; mso-font-width: 99%;">e</span><span style="letter-spacing: .45pt; mso-font-width: 99%;">s</span>)<o:p></o:p></span></div> </td> <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 72.5pt; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 112.3pt;" valign="top" width="150"> <div class="MsoNormal" style="line-height: 9.5pt; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 0cm; margin-right: 0cm; margin-top: .5pt; mso-line-height-rule: exactly;"> <br /></div> <div class="MsoNormal" style="line-height: 10.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; mso-line-height-rule: exactly;"> <br /></div> <div class="MsoNormal" style="line-height: 130%; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 73.3pt; margin-right: 2.5pt; margin-top: 0cm; text-indent: -34.1pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; line-height: 130%; mso-fareast-font-family: Arial;">0.</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; line-height: 130%; mso-fareast-font-family: Arial;">8<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .4pt;">t</span><span style="letter-spacing: .35pt;">i</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .4pt;">e</span>s<span style="letter-spacing: .45pt;"> </span><span style="letter-spacing: .4pt;">o</span>r <span style="letter-spacing: .4pt;">be</span><span style="letter-spacing: .35pt;">l</span><span style="letter-spacing: .4pt;">o</span>w<o:p></o:p></span></div> </td> </tr> <tr style="height: 72.5pt; mso-height-rule: exactly; mso-yfti-irow: 5; mso-yfti-lastrow: yes;"> <td style="border-top: none; border: solid black 1.0pt; height: 72.5pt; mso-border-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 4.0cm;" valign="top" width="151"> <div class="MsoNormal" style="line-height: 10.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 0cm; margin-right: 0cm; margin-top: 1.0pt; mso-line-height-rule: exactly;"> <br /></div> <div class="MsoNormal" style="line-height: 130%; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 5.1pt; margin-right: 4.4pt; margin-top: 0cm;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .45pt; line-height: 130%; mso-fareast-font-family: Arial;">T</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; line-height: 130%; mso-fareast-font-family: Arial;">ota</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; line-height: 130%; mso-fareast-font-family: Arial;">l<span style="letter-spacing: .45pt;"> </span><span style="letter-spacing: .35pt;">Hi</span><span style="letter-spacing: .4pt;">ta</span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .4pt;">h</span><span style="letter-spacing: .35pt;">i</span>,<span style="letter-spacing: .35pt;"> </span><span style="letter-spacing: .4pt;">Ltd</span>. <span style="letter-spacing: .4pt;">Sto</span><span style="letter-spacing: .35pt;">ck</span><span style="letter-spacing: .4pt;">ho</span><span style="letter-spacing: .35pt;">l</span><span style="letter-spacing: .4pt;">de</span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .35pt;">s</span>’ <span style="letter-spacing: .4pt;">e</span><span style="letter-spacing: .3pt;">q</span><span style="letter-spacing: .4pt;">u</span><span style="letter-spacing: .35pt;">i</span><span style="letter-spacing: .5pt;">t</span>y<span style="letter-spacing: .3pt;"> r</span><span style="letter-spacing: .4pt;">at</span><span style="letter-spacing: .35pt;">i</span>o<o:p></o:p></span></div> </td> <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 72.5pt; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 4.0cm;" valign="top" width="151"> <div align="right" class="MsoNormal" style="line-height: 147%; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 5.0pt; margin-right: 4.35pt; margin-top: 2.0pt; text-align: right; text-indent: 65.05pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">18.8</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">% </span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .4pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">(</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .35pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">M</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .45pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">a</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .35pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">nu</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .45pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">f</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .35pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">a</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .4pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">c</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .35pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">tu</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .55pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">r</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .45pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">i</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .35pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">ng</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">, </span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .3pt; line-height: 147%; mso-fareast-font-family: Arial;">S</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .35pt; line-height: 147%; mso-fareast-font-family: Arial;">e</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .55pt; line-height: 147%; mso-fareast-font-family: Arial;">r</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .4pt; line-height: 147%; mso-fareast-font-family: Arial;">v</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .3pt; line-height: 147%; mso-fareast-font-family: Arial;">i</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .45pt; line-height: 147%; mso-fareast-font-family: Arial;">c</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .35pt; line-height: 147%; mso-fareast-font-family: Arial;">e</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; line-height: 147%; mso-fareast-font-family: Arial;">s<span style="letter-spacing: .45pt;"> </span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .45pt;">n</span>d<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .4pt; mso-font-width: 99%;">O</span><span style="letter-spacing: .5pt; mso-font-width: 99%;">t</span><span style="letter-spacing: .35pt; mso-font-width: 99%;">he</span><span style="letter-spacing: .4pt; mso-font-width: 99%;">rs</span>:<o:p></o:p></span></div> <div align="right" class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 0cm; margin-right: 4.6pt; margin-top: 1.15pt; text-align: right;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .35pt; mso-fareast-font-family: Arial; mso-font-width: 99%;">20</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .45pt; mso-fareast-font-family: Arial; mso-font-width: 99%;">.</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .35pt; mso-fareast-font-family: Arial; mso-font-width: 99%;">5</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .4pt; mso-fareast-font-family: Arial; mso-font-width: 99%;">%</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; mso-fareast-font-family: Arial; mso-font-width: 99%;">)</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; mso-fareast-font-family: Arial;"><o:p></o:p></span></div> </td> <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 72.5pt; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 120.6pt;" valign="top" width="161"> <div align="right" class="MsoNormal" style="line-height: 147%; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 12.1pt; margin-right: 4.5pt; margin-top: 2.0pt; text-align: right; text-indent: 65.05pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">20.0</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">% </span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .4pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">(</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .35pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">M</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .45pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">a</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .35pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">nu</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .45pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">f</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .35pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">a</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .4pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">c</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .35pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">tu</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .55pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">r</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .45pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">i</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .35pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">ng</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; line-height: 147%; mso-fareast-font-family: Arial; mso-font-width: 99%;">, </span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .3pt; line-height: 147%; mso-fareast-font-family: Arial;">S</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .35pt; line-height: 147%; mso-fareast-font-family: Arial;">e</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .55pt; line-height: 147%; mso-fareast-font-family: Arial;">r</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .4pt; line-height: 147%; mso-fareast-font-family: Arial;">v</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .3pt; line-height: 147%; mso-fareast-font-family: Arial;">i</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .4pt; line-height: 147%; mso-fareast-font-family: Arial;">c</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .35pt; line-height: 147%; mso-fareast-font-family: Arial;">e</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; line-height: 147%; mso-fareast-font-family: Arial;">s<span style="letter-spacing: .45pt;"> </span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .45pt;">n</span>d<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .4pt; mso-font-width: 99%;">O</span><span style="letter-spacing: .45pt; mso-font-width: 99%;">t</span><span style="letter-spacing: .35pt; mso-font-width: 99%;">he</span><span style="letter-spacing: .4pt; mso-font-width: 99%;">rs</span>:<o:p></o:p></span></div> <div align="right" class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 0cm; margin-right: 4.75pt; margin-top: 1.15pt; text-align: right;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .35pt; mso-fareast-font-family: Arial; mso-font-width: 99%;">22</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .45pt; mso-fareast-font-family: Arial; mso-font-width: 99%;">.</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .35pt; mso-fareast-font-family: Arial; mso-font-width: 99%;">0</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .4pt; mso-fareast-font-family: Arial; mso-font-width: 99%;">%</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; mso-fareast-font-family: Arial; mso-font-width: 99%;">)</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; mso-fareast-font-family: Arial;"><o:p></o:p></span></div> </td> <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 72.5pt; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 112.3pt;" valign="top" width="150"> <div class="MsoNormal" style="line-height: 8.5pt; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 0cm; margin-right: 0cm; margin-top: .5pt; mso-line-height-rule: exactly;"> <br /></div> <div class="MsoNormal" style="line-height: 10.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; mso-line-height-rule: exactly;"> <br /></div> <div class="MsoNormal" style="line-height: 10.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; mso-line-height-rule: exactly;"> <br /></div> <div align="right" class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 0cm; margin-right: 4.6pt; margin-top: 0cm; text-align: right;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; mso-fareast-font-family: Arial; mso-font-width: 99%;">20</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial; mso-font-width: 99%;">%</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;"><o:p></o:p></span></div> </td> </tr> </tbody></table> <div class="MsoNormal" style="line-height: 11.3pt; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 20.5pt; margin-right: -1.0pt; margin-top: 0cm; mso-line-height-rule: exactly;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .35pt; mso-fareast-font-family: Arial;">*</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; mso-fareast-font-family: Arial;">1<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .3pt;">A</span>s<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .35pt;">o</span>f<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">J</span><span style="letter-spacing: .35pt;">u</span><span style="letter-spacing: .45pt;">n</span>e<span style="letter-spacing: .6pt;"> </span>9<span style="letter-spacing: .65pt;"> </span>,<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .45pt;">2</span><span style="letter-spacing: .35pt;">0</span><span style="letter-spacing: .45pt;">1</span>1<span style="letter-spacing: .5pt;"> </span><span style="letter-spacing: .4pt;">(</span><span style="letter-spacing: .45pt;">in</span><span style="letter-spacing: .4pt;">c</span><span style="letter-spacing: .3pt;">l</span><span style="letter-spacing: .45pt;">u</span><span style="letter-spacing: .35pt;">de</span>s<span style="letter-spacing: .45pt;"> </span><span style="letter-spacing: .3pt;">i</span><span style="letter-spacing: .6pt;">m</span><span style="letter-spacing: .35pt;">pa</span><span style="letter-spacing: .4pt;">c</span>t<span style="letter-spacing: .4pt;"> </span><span style="letter-spacing: .35pt;">o</span>f<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .5pt;">H</span><span style="letter-spacing: .4pt;">D</span>D<span style="letter-spacing: .6pt;"> </span><span style="letter-spacing: .35pt;">b</span><span style="letter-spacing: .45pt;">u</span><span style="letter-spacing: .4pt;">s</span><span style="letter-spacing: .3pt;">i</span><span style="letter-spacing: .45pt;">n</span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .4pt;">s</span>s<span style="letter-spacing: .35pt;"> t</span><span style="letter-spacing: .4pt;">r</span><span style="letter-spacing: .45pt;">a</span><span style="letter-spacing: .35pt;">n</span><span style="letter-spacing: .4pt;">s</span><span style="letter-spacing: .45pt;">f</span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .4pt;">r)</span>.<o:p></o:p></span></div> <div align="center" class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 29.55pt; margin-right: 136.65pt; margin-top: 0cm; text-align: center;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .3pt; mso-fareast-font-family: Arial;">E</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .4pt; mso-fareast-font-family: Arial;">xc</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .35pt; mso-fareast-font-family: Arial;">h</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .45pt; mso-fareast-font-family: Arial;">a</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .35pt; mso-fareast-font-family: Arial;">n</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .45pt; mso-fareast-font-family: Arial;">g</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; mso-fareast-font-family: Arial;">e<span style="letter-spacing: .25pt;"> </span><span style="letter-spacing: .55pt;">r</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .45pt;">t</span><span style="letter-spacing: .3pt;">i</span><span style="letter-spacing: .35pt;">o</span>:<span style="letter-spacing: .6pt;"> </span><span style="letter-spacing: .45pt;">8</span>0<span style="letter-spacing: .85pt;"> </span><span style="letter-spacing: .2pt;">y</span><span style="letter-spacing: .45pt;">e</span>n<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .45pt;">t</span>o<span style="letter-spacing: .6pt;"> </span><span style="letter-spacing: .45pt;">t</span><span style="letter-spacing: .35pt;">h</span>e<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">U</span><span style="letter-spacing: .45pt;">.</span><span style="letter-spacing: .3pt;">S</span>.<span style="letter-spacing: .6pt;"> </span><span style="letter-spacing: .35pt;">d</span><span style="letter-spacing: .45pt;">ol</span><span style="letter-spacing: .3pt;">l</span><span style="letter-spacing: .35pt;">a</span>r<span style="letter-spacing: .6pt;"> </span><span style="letter-spacing: .45pt;">a</span><span style="letter-spacing: .35pt;">n</span>d<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">1</span><span style="letter-spacing: .45pt;">1</span>0<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .2pt;">y</span><span style="letter-spacing: .45pt;">e</span>n<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">t</span>o<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">t</span><span style="letter-spacing: .45pt;">h</span>e<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt; mso-font-width: 99%;">eu</span><span style="letter-spacing: .55pt; mso-font-width: 99%;">r</span><span style="letter-spacing: .35pt; mso-font-width: 99%;">o</span>.<o:p></o:p></span></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 20.5pt; margin-right: -1pt; margin-top: 0cm;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .35pt; mso-fareast-font-family: Arial;">*</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; mso-fareast-font-family: Arial;">2<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .3pt;">E</span><span style="letter-spacing: .4pt;">xc</span><span style="letter-spacing: .45pt;">h</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .45pt;">n</span><span style="letter-spacing: .35pt;">g</span>e<span style="letter-spacing: .35pt;"> </span><span style="letter-spacing: .4pt;">r</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .45pt;">ti</span><span style="letter-spacing: .35pt;">o</span>:<span style="letter-spacing: .6pt;"> </span><span style="letter-spacing: .35pt;">7</span>5<span style="letter-spacing: .85pt;"> </span><span style="letter-spacing: .2pt;">y</span><span style="letter-spacing: .6pt;">e</span>n<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .45pt;">t</span>o<span style="letter-spacing: .6pt;"> </span><span style="letter-spacing: .45pt;">t</span><span style="letter-spacing: .35pt;">h</span>e<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">U</span><span style="letter-spacing: .45pt;">.</span><span style="letter-spacing: .3pt;">S</span>.<span style="letter-spacing: .6pt;"> </span><span style="letter-spacing: .45pt;">d</span><span style="letter-spacing: .35pt;">o</span><span style="letter-spacing: .45pt;">l</span><span style="letter-spacing: .3pt;">l</span><span style="letter-spacing: .35pt;">a</span>r    <span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .45pt;">n</span>d<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">1</span><span style="letter-spacing: .45pt;">0</span>0<span style="letter-spacing: .8pt;"> </span><span style="letter-spacing: .2pt;">y</span><span style="letter-spacing: .45pt;">e</span>n<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .45pt;">t</span>o<span style="letter-spacing: .6pt;"> </span><span style="letter-spacing: .45pt;">t</span><span style="letter-spacing: .35pt;">h</span>e<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .45pt;">e</span><span style="letter-spacing: .35pt;">u</span><span style="letter-spacing: .4pt;">r</span><span style="letter-spacing: .45pt;">o</span>.<o:p></o:p></span></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 31.3pt; margin-right: 94.5pt; margin-top: 0cm; text-indent: -10.8pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .35pt; mso-fareast-font-family: Arial;">*</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; mso-fareast-font-family: Arial;">3<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">In</span><span style="letter-spacing: .55pt;">c</span><span style="letter-spacing: .3pt;">l</span><span style="letter-spacing: .45pt;">u</span><span style="letter-spacing: .35pt;">d</span><span style="letter-spacing: .45pt;">i</span><span style="letter-spacing: .35pt;">n</span>g<span style="letter-spacing: .4pt;"> </span><span style="letter-spacing: .45pt;">n</span><span style="letter-spacing: .35pt;">on</span><span style="letter-spacing: .4pt;">-</span><span style="letter-spacing: .55pt;">c</span><span style="letter-spacing: .35pt;">ont</span><span style="letter-spacing: .55pt;">r</span><span style="letter-spacing: .35pt;">o</span><span style="letter-spacing: .45pt;">lli</span><span style="letter-spacing: .35pt;">n</span>g<span style="letter-spacing: .15pt;"> </span><span style="letter-spacing: .45pt;">i</span><span style="letter-spacing: .35pt;">nte</span><span style="letter-spacing: .55pt;">r</span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .4pt;">s</span><span style="letter-spacing: .35pt;">t</span><span style="letter-spacing: .4pt;">s</span>,<span style="letter-spacing: .4pt;"> </span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .45pt;">n</span>d<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .3pt;">l</span><span style="letter-spacing: .55pt;">s</span>o<span style="letter-spacing: .6pt;"> </span><span style="letter-spacing: .3pt;">i</span><span style="letter-spacing: .35pt;">n</span><span style="letter-spacing: .55pt;">c</span><span style="letter-spacing: .3pt;">l</span><span style="letter-spacing: .45pt;">u</span><span style="letter-spacing: .35pt;">d</span><span style="letter-spacing: .45pt;">i</span><span style="letter-spacing: .35pt;">n</span>g<span style="letter-spacing: .4pt;"> </span><span style="letter-spacing: .45pt;">li</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .45pt;">b</span><span style="letter-spacing: .3pt;">i</span><span style="letter-spacing: .45pt;">l</span><span style="letter-spacing: .3pt;">i</span><span style="letter-spacing: .45pt;">ti</span><span style="letter-spacing: .35pt;">e</span>s<span style="letter-spacing: .35pt;"> a</span><span style="letter-spacing: .4pt;">ss</span><span style="letter-spacing: .35pt;">o</span><span style="letter-spacing: .55pt;">c</span><span style="letter-spacing: .3pt;">i</span><span style="letter-spacing: .45pt;">at</span><span style="letter-spacing: .35pt;">e</span>d <span style="letter-spacing: .35pt;">w</span><span style="letter-spacing: .3pt;">i</span><span style="letter-spacing: .45pt;">t</span>h<span style="letter-spacing: .5pt;"> </span><span style="letter-spacing: .45pt;">t</span><span style="letter-spacing: .35pt;">h</span>e<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .4pt;">c</span><span style="letter-spacing: .45pt;">o</span><span style="letter-spacing: .35pt;">n</span><span style="letter-spacing: .4pt;">s</span><span style="letter-spacing: .45pt;">o</span><span style="letter-spacing: .3pt;">l</span><span style="letter-spacing: .45pt;">i</span><span style="letter-spacing: .35pt;">d</span><span style="letter-spacing: .45pt;">a</span><span style="letter-spacing: .35pt;">t</span><span style="letter-spacing: .45pt;">i</span><span style="letter-spacing: .35pt;">o</span>n<span style="letter-spacing: .2pt;"> </span><span style="letter-spacing: .35pt;">o</span>f<span style="letter-spacing: .85pt;"> </span><span style="letter-spacing: .4pt;">s</span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .45pt;">c</span><span style="letter-spacing: .35pt;">u</span><span style="letter-spacing: .4pt;">r</span><span style="letter-spacing: .45pt;">i</span><span style="letter-spacing: .35pt;">t</span><span style="letter-spacing: .45pt;">i</span><span style="letter-spacing: .3pt;">z</span><span style="letter-spacing: .45pt;">e</span>d<span style="letter-spacing: .3pt;"> </span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .45pt;">n</span><span style="letter-spacing: .35pt;">t</span><span style="letter-spacing: .45pt;">i</span><span style="letter-spacing: .35pt;">t</span><span style="letter-spacing: .45pt;">i</span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .4pt;">s</span>.<o:p></o:p></span></div> <div class="MsoNormal" style="line-height: 6.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; mso-line-height-rule: exactly;"> <br /></div> <div class="MsoNormal" style="line-height: 10.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; mso-line-height-rule: exactly;"> <br /></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 18.9pt; margin-right: -1pt; margin-top: 0cm;"> <b><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; mso-fareast-font-family: Arial;">2</span></b><b><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">.<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .4pt;">O</span><span style="letter-spacing: .35pt;">u</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .35pt;">oo</span>k<span style="letter-spacing: .35pt;"> o</span>f<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">h</span>e<span style="letter-spacing: .6pt;"> </span><span style="letter-spacing: .45pt;">o</span><span style="letter-spacing: .4pt;">ve</span><span style="letter-spacing: .35pt;">r</span><span style="letter-spacing: .4pt;">sea</span>s<span style="letter-spacing: .3pt;"> s</span><span style="letter-spacing: .4pt;">ale</span>s<span style="letter-spacing: .5pt;"> </span><span style="letter-spacing: .35pt;">r</span><span style="letter-spacing: .4pt;">a</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span>o</span></b><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;"><o:p></o:p></span></div> <div class="MsoNormal" style="line-height: 18.75pt; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 18.2pt; margin-right: -1.0pt; margin-top: 0cm; mso-line-height-rule: exactly;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: -.05pt; mso-fareast-font-family: Arial; mso-text-raise: -.5pt; position: relative; top: .5pt;">(</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .15pt; mso-fareast-font-family: Arial; mso-text-raise: -.5pt; position: relative; top: .5pt;">1</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial; mso-text-raise: -.5pt; position: relative; top: .5pt;">)<span style="letter-spacing: -.05pt;"> </span><span style="letter-spacing: .15pt;">O</span>v<span style="letter-spacing: .15pt;">e</span><span style="letter-spacing: .1pt;">r</span>s<span style="letter-spacing: .05pt;">e</span><span style="letter-spacing: .15pt;">a</span>s<span style="letter-spacing: -.35pt;"> </span>s<span style="letter-spacing: .15pt;">a</span>l<span style="letter-spacing: .15pt;">e</span>s<span style="letter-spacing: -.15pt;"> </span><span style="letter-spacing: .1pt; mso-font-width: 99%;">r</span><span style="letter-spacing: .05pt; mso-font-width: 99%;">a</span><span style="letter-spacing: .15pt; mso-font-width: 99%;">t</span><span style="letter-spacing: .1pt; mso-font-width: 99%;">io</span></span><span lang="EN-US" style="font-family: "Adobe 黑体 Std R","sans-serif"; font-size: 12.0pt; mso-bidi-font-family: "Adobe 黑体 Std R"; mso-fareast-font-family: "Adobe 黑体 Std R"; mso-font-width: 49%; mso-text-raise: -.5pt; position: relative; top: .5pt;">：</span><span lang="EN-US" style="font-family: "Adobe 黑体 Std R","sans-serif"; font-size: 12.0pt; mso-bidi-font-family: "Adobe 黑体 Std R"; mso-fareast-font-family: "Adobe 黑体 Std R";"><o:p></o:p></span></div> <div class="MsoNormal" style="line-height: 17.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 18.2pt; margin-right: 181.3pt; margin-top: 1.05pt; text-indent: 18.25pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .1pt; mso-fareast-font-family: Arial;">F</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: -.1pt; mso-fareast-font-family: Arial;">Y</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .15pt; mso-fareast-font-family: Arial;">2</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .05pt; mso-fareast-font-family: Arial;">01</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">0<span style="letter-spacing: -.1pt;"> </span><span style="letter-spacing: -.05pt;">r</span><span style="letter-spacing: .15pt;">e</span>s<span style="letter-spacing: .15pt;">u</span>l<span style="letter-spacing: .15pt;">t</span>s:<span style="letter-spacing: -.25pt;"> </span><span style="letter-spacing: .05pt;">4</span><span style="letter-spacing: .15pt;">1</span><span style="letter-spacing: .2pt;">%</span></span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 8.0pt; letter-spacing: -.05pt; mso-fareast-font-family: Arial; mso-text-raise: 5.5pt; position: relative; top: -5.5pt;">(</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 8.0pt; letter-spacing: .1pt; mso-fareast-font-family: Arial; mso-text-raise: 5.5pt; position: relative; top: -5.5pt;">*4</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 8.0pt; mso-fareast-font-family: Arial; mso-text-raise: 5.5pt; position: relative; top: -5.5pt;">)<span style="letter-spacing: 1.0pt;"> </span></span><span lang="EN-US" style="font-family: "Orator Std"; font-size: 12.0pt; mso-bidi-font-family: "Orator Std"; mso-fareast-font-family: "Orator Std"; mso-font-width: 166%;">→</span><span lang="EN-US" style="font-family: "Orator Std"; font-size: 12.0pt; letter-spacing: -3.7pt; mso-bidi-font-family: "Orator Std"; mso-fareast-font-family: "Orator Std";"> </span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .1pt; mso-fareast-font-family: Arial;">F</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .05pt; mso-fareast-font-family: Arial;">Y201</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">2<span style="letter-spacing: -.2pt;"> </span><span style="letter-spacing: .15pt;">f</span><span style="letter-spacing: .05pt;">o</span><span style="letter-spacing: .1pt;">r</span><span style="letter-spacing: .05pt;">e</span><span style="letter-spacing: .1pt;">c</span><span style="letter-spacing: .05pt;">a</span><span style="letter-spacing: .1pt;">s</span>t:<span style="letter-spacing: -.15pt;"> </span><span style="letter-spacing: .05pt;">43</span>% <span style="letter-spacing: -.05pt;">(</span><span style="letter-spacing: .15pt;">2</span>)<span style="letter-spacing: -.05pt;"> </span><span style="letter-spacing: .05pt;">S</span><span style="letter-spacing: .15pt;">t</span><span style="letter-spacing: .05pt;">a</span><span style="letter-spacing: .15pt;">f</span>f<span style="letter-spacing: -.1pt;"> </span>c<span style="letter-spacing: .05pt;">o</span><span style="letter-spacing: .1pt;">m</span><span style="letter-spacing: .15pt;">p</span><span style="letter-spacing: .05pt;">o</span><span style="letter-spacing: .1pt;">s</span>i<span style="letter-spacing: .15pt;">t</span><span style="letter-spacing: .1pt;">i</span><span style="letter-spacing: .05pt;">o</span>n<o:p></o:p></span></div> <div class="MsoNormal" style="line-height: 2.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 0cm; margin-right: 0cm; margin-top: .1pt; mso-line-height-rule: exactly;"> <br /></div> <table border="0" cellpadding="0" cellspacing="0" class="MsoNormalTable" style="border-collapse: collapse; margin-left: 19.7pt; mso-padding-alt: 0cm 0cm 0cm 0cm; mso-table-layout-alt: fixed; mso-yfti-tbllook: 480;"> <tbody> <tr style="height: 18.6pt; mso-height-rule: exactly; mso-yfti-firstrow: yes; mso-yfti-irow: 0;"> <td style="border: solid black 1.0pt; height: 18.6pt; mso-border-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 191.4pt;" valign="top" width="255"> <div class="MsoNormal"> <br /></div> </td> <td style="border-left: none; border: solid black 1.0pt; height: 18.6pt; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 123.95pt;" valign="top" width="165"> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 11.25pt; margin-right: -1pt; margin-top: 0.35pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .1pt; mso-fareast-font-family: Arial;">F</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: -.1pt; mso-fareast-font-family: Arial;">Y</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .15pt; mso-fareast-font-family: Arial;">2</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .05pt; mso-fareast-font-family: Arial;">01</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">0<span style="letter-spacing: -.1pt;"> </span>R<span style="letter-spacing: .05pt;">e</span><span style="letter-spacing: .1pt;">s</span><span style="letter-spacing: .15pt;">u</span>l<span style="letter-spacing: .15pt;">t</span><span style="letter-spacing: .05pt;">s</span></span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 8.0pt; letter-spacing: .3pt; mso-fareast-font-family: Arial; mso-text-raise: 5.5pt; position: relative; top: -5.5pt;">(</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 8.0pt; letter-spacing: .35pt; mso-fareast-font-family: Arial; mso-text-raise: 5.5pt; position: relative; top: -5.5pt;">*</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 8.0pt; letter-spacing: .45pt; mso-fareast-font-family: Arial; mso-text-raise: 5.5pt; position: relative; top: -5.5pt;">4</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 8.0pt; mso-fareast-font-family: Arial; mso-text-raise: 5.5pt; position: relative; top: -5.5pt;">)</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 8.0pt; mso-fareast-font-family: Arial;"><o:p></o:p></span></div> </td> <td style="border-left: none; border: solid black 1.0pt; height: 18.6pt; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 124.05pt;" valign="top" width="165"> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 15.1pt; margin-right: -1pt; margin-top: 2.1pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .1pt; mso-fareast-font-family: Arial;">F</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: -.1pt; mso-fareast-font-family: Arial;">Y</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .15pt; mso-fareast-font-family: Arial;">2</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .05pt; mso-fareast-font-family: Arial;">01</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">2<span style="letter-spacing: -.2pt;"> </span><span style="letter-spacing: .1pt;">F</span><span style="letter-spacing: .15pt;">o</span><span style="letter-spacing: -.05pt;">r</span><span style="letter-spacing: .15pt;">e</span>c<span style="letter-spacing: .15pt;">a</span>st<o:p></o:p></span></div> </td> </tr> <tr style="height: 18.5pt; mso-height-rule: exactly; mso-yfti-irow: 1;"> <td style="border-top: none; border: solid black 1.0pt; height: 18.5pt; mso-border-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 191.4pt;" valign="top" width="255"> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 60.45pt; margin-right: -1pt; margin-top: 2pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .35pt; mso-fareast-font-family: Arial;">H</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; mso-fareast-font-family: Arial;">ea</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">d<span style="letter-spacing: 3.15pt;"> </span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .4pt;">oun</span>t<span style="letter-spacing: 3.1pt;"> </span><span style="letter-spacing: .35pt;">i</span>n  <span style="letter-spacing: .35pt;">J</span><span style="letter-spacing: .4pt;">ap</span><span style="letter-spacing: .3pt;">a</span>n<o:p></o:p></span></div> </td> <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 18.5pt; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 123.95pt;" valign="top" width="165"> <div align="center" class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 46.65pt; margin-right: 45.75pt; margin-top: 2pt; text-align: center;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .05pt; mso-fareast-font-family: Arial; mso-font-width: 99%;">212</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial; mso-font-width: 99%;">k</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;"><o:p></o:p></span></div> </td> <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 18.5pt; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 124.05pt;" valign="top" width="165"> <div align="center" class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 46.65pt; margin-right: 45.9pt; margin-top: 2pt; text-align: center;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .05pt; mso-fareast-font-family: Arial; mso-font-width: 99%;">212</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial; mso-font-width: 99%;">k</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;"><o:p></o:p></span></div> </td> </tr> <tr style="height: 36.5pt; mso-height-rule: exactly; mso-yfti-irow: 2;"> <td style="border-top: none; border: solid black 1.0pt; height: 36.5pt; mso-border-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 191.4pt;" valign="top" width="255"> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 59.85pt; margin-right: -1pt; margin-top: 2pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .35pt; mso-fareast-font-family: Arial;">H</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; mso-fareast-font-family: Arial;">ea</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">d<span style="letter-spacing: 3.15pt;"> </span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .4pt;">oun</span>t<span style="letter-spacing: 3.1pt;"> </span><span style="letter-spacing: .4pt;">o</span><span style="letter-spacing: .25pt;">v</span><span style="letter-spacing: .4pt;">e</span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .4pt;">ea</span>s<o:p></o:p></span></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 96.3pt; margin-right: -1pt; margin-top: 4.2pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .3pt; mso-fareast-font-family: Arial;">(</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; mso-fareast-font-family: Arial;">o</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .25pt; mso-fareast-font-family: Arial;">v</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .55pt; mso-fareast-font-family: Arial;">e</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .3pt; mso-fareast-font-family: Arial;">r</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .35pt; mso-fareast-font-family: Arial;">s</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; mso-fareast-font-family: Arial;">ea</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">s<span style="letter-spacing: .2pt;"> </span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .4pt;">at</span><span style="letter-spacing: .35pt;">i</span><span style="letter-spacing: .4pt;">o</span>)<o:p></o:p></span></div> </td> <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 36.5pt; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 123.95pt;" valign="top" width="165"> <div class="MsoNormal" style="line-height: 11.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; mso-line-height-rule: exactly;"> <br /></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 30.55pt; margin-right: -1pt; margin-top: 0cm;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .05pt; mso-fareast-font-family: Arial;">100</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">k <span style="letter-spacing: -.05pt;">(</span><span style="letter-spacing: .05pt;">3</span><span style="letter-spacing: .15pt;">2%</span>)<o:p></o:p></span></div> </td> <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 36.5pt; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 124.05pt;" valign="top" width="165"> <div class="MsoNormal" style="line-height: 10.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 0cm; margin-right: 0cm; margin-top: .75pt; mso-line-height-rule: exactly;"> <br /></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 30.7pt; margin-right: -1pt; margin-top: 0cm;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .05pt; mso-fareast-font-family: Arial;">125</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">k <span style="letter-spacing: -.05pt;">(</span><span style="letter-spacing: .05pt;">3</span><span style="letter-spacing: .15pt;">7%</span>)<o:p></o:p></span></div> </td> </tr> <tr style="height: 18.5pt; mso-height-rule: exactly; mso-yfti-irow: 3; mso-yfti-lastrow: yes;"> <td style="border-top: none; border: solid black 1.0pt; height: 18.5pt; mso-border-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 191.4pt;" valign="top" width="255"> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 82.9pt; margin-right: -1pt; margin-top: 2pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .45pt; mso-fareast-font-family: Arial;">T</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; mso-fareast-font-family: Arial;">ota</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">l<span style="letter-spacing: 3.05pt;"> </span><span style="letter-spacing: .35pt;">H</span><span style="letter-spacing: .4pt;">ea</span>d<span style="letter-spacing: 3.15pt;"> </span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .4pt;">oun</span>t<o:p></o:p></span></div> </td> <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 18.5pt; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 123.95pt;" valign="top" width="165"> <div align="center" class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 46.65pt; margin-right: 45.75pt; margin-top: 2pt; text-align: center;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .05pt; mso-fareast-font-family: Arial; mso-font-width: 99%;">312</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial; mso-font-width: 99%;">k</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;"><o:p></o:p></span></div> </td> <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; height: 18.5pt; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-border-top-alt: solid black .5pt; mso-height-rule: exactly; padding: 0cm 0cm 0cm 0cm; width: 124.05pt;" valign="top" width="165"> <div align="center" class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 46.65pt; margin-right: 45.9pt; margin-top: 2pt; text-align: center;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .05pt; mso-fareast-font-family: Arial; mso-font-width: 99%;">337</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial; mso-font-width: 99%;">k</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;"><o:p></o:p></span></div> </td> </tr> </tbody></table> <div class="MsoNormal" style="line-height: 10.8pt; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 21.65pt; margin-right: -1.0pt; margin-top: 0cm; mso-line-height-rule: exactly;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; letter-spacing: .35pt; mso-fareast-font-family: Arial;">*</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.0pt; mso-fareast-font-family: Arial;">4<span style="letter-spacing: .6pt;"> </span><span style="letter-spacing: .35pt;">In</span><span style="letter-spacing: .55pt;">c</span><span style="letter-spacing: .3pt;">l</span><span style="letter-spacing: .45pt;">u</span><span style="letter-spacing: .35pt;">de</span>s<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .3pt;">i</span><span style="letter-spacing: .6pt;">m</span><span style="letter-spacing: .35pt;">pa</span><span style="letter-spacing: .4pt;">c</span><span style="letter-spacing: .35pt;">t</span>s<span style="letter-spacing: .4pt;"> </span><span style="letter-spacing: .35pt;">o</span>f<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">t</span><span style="letter-spacing: .4pt;">r</span><span style="letter-spacing: .45pt;">a</span><span style="letter-spacing: .35pt;">n</span><span style="letter-spacing: .4pt;">s</span><span style="letter-spacing: .45pt;">f</span><span style="letter-spacing: .35pt;">e</span>r<span style="letter-spacing: .4pt;"> </span><span style="letter-spacing: .35pt;">o</span>f<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">s</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .45pt;">l</span><span style="letter-spacing: .3pt;">l</span>-<span style="letter-spacing: .5pt;"> </span><span style="letter-spacing: .45pt;">t</span>o<span style="letter-spacing: .6pt;"> m</span><span style="letter-spacing: .35pt;">ed</span><span style="letter-spacing: .45pt;">i</span><span style="letter-spacing: .35pt;">u</span><span style="letter-spacing: .6pt;">m</span><span style="letter-spacing: .4pt;">-s</span><span style="letter-spacing: .45pt;">i</span><span style="letter-spacing: .2pt;">z</span><span style="letter-spacing: .45pt;">e</span>d<span style="letter-spacing: .2pt;"> </span><span style="letter-spacing: .35pt;">d</span><span style="letter-spacing: .3pt;">i</span><span style="letter-spacing: .55pt;">s</span><span style="letter-spacing: .35pt;">p</span><span style="letter-spacing: .45pt;">la</span>y<span style="letter-spacing: .35pt;"> </span><span style="letter-spacing: .45pt;">b</span><span style="letter-spacing: .35pt;">u</span><span style="letter-spacing: .4pt;">s</span><span style="letter-spacing: .45pt;">i</span><span style="letter-spacing: .35pt;">ne</span><span style="letter-spacing: .4pt;">s</span>s<span style="letter-spacing: .45pt;"> </span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .45pt;">n</span>d<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .5pt;">H</span><span style="letter-spacing: .4pt;">D</span>D<span style="letter-spacing: .6pt;"> </span><span style="letter-spacing: .35pt;">b</span><span style="letter-spacing: .45pt;">u</span><span style="letter-spacing: .4pt;">s</span><span style="letter-spacing: .3pt;">i</span><span style="letter-spacing: .45pt;">n</span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .45pt;">s</span>s<o:p></o:p></span></div> <div class="MsoNormal" style="line-height: 6.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 0cm; margin-right: 0cm; margin-top: .15pt; mso-line-height-rule: exactly;"> <br /></div> <div class="MsoNormal" style="line-height: 10.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; mso-line-height-rule: exactly;"> <br /></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 6.1pt; margin-right: -1pt; margin-top: 0cm;"> <b><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; mso-fareast-font-family: Arial;">3</span></b><b><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">.<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .4pt;">Gl</span><span style="letter-spacing: .35pt;">ob</span><span style="letter-spacing: .4pt;">a</span>l<span style="letter-spacing: .4pt;"> Ex</span><span style="letter-spacing: .35pt;">p</span><span style="letter-spacing: .4pt;">a</span><span style="letter-spacing: .35pt;">n</span><span style="letter-spacing: .4pt;">si</span><span style="letter-spacing: .35pt;">o</span>n<span style="letter-spacing: .15pt;"> </span><span style="letter-spacing: .3pt;">f</span><span style="letter-spacing: .35pt;">o</span>r<span style="letter-spacing: .6pt;"> </span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">h</span>e<span style="letter-spacing: .6pt;"> </span><span style="letter-spacing: .4pt;">S</span><span style="letter-spacing: .35pt;">o</span><span style="letter-spacing: .4pt;">cia</span>l<span style="letter-spacing: .4pt;"> I</span><span style="letter-spacing: .35pt;">nn</span><span style="letter-spacing: .45pt;">o</span><span style="letter-spacing: .4pt;">va</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">o</span>n<span style="letter-spacing: .15pt;"> </span><span style="letter-spacing: .35pt;">Bu</span><span style="letter-spacing: .4pt;">si</span><span style="letter-spacing: .35pt;">n</span><span style="letter-spacing: .4pt;">es</span>s</span></b><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;"><o:p></o:p></span></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 18.2pt; margin-right: -1pt; margin-top: 4.05pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: -.05pt; mso-fareast-font-family: Arial;">(</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .15pt; mso-fareast-font-family: Arial;">1</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">)<span style="letter-spacing: -.05pt;"> </span><span style="letter-spacing: .15pt;">E</span>st<span style="letter-spacing: .15pt;">ab</span>l<span style="letter-spacing: .1pt;">i</span>sh<span style="letter-spacing: -.3pt;"> </span><span style="letter-spacing: .15pt;">5</span><span style="letter-spacing: -.05pt;">-</span><span style="letter-spacing: .15pt;">G</span><span style="letter-spacing: .1pt;">r</span><span style="letter-spacing: .05pt;">ou</span>p<span style="letter-spacing: -.15pt;"> </span><span style="letter-spacing: .05pt;">S</span><span style="letter-spacing: .15pt;">t</span><span style="letter-spacing: -.05pt;">r</span><span style="letter-spacing: .15pt;">u</span>ct<span style="letter-spacing: .15pt;">u</span><span style="letter-spacing: .1pt;">r</span>e<o:p></o:p></span></div> <div align="center" class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 28.55pt; margin-right: 48.4pt; margin-top: 4.2pt; text-align: center;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .05pt; mso-fareast-font-family: Arial;">1</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">)<span style="letter-spacing: .15pt;"> </span>R<span style="letter-spacing: .05pt;">e</span><span style="letter-spacing: .15pt;">fo</span><span style="letter-spacing: -.05pt;">r</span>m<span style="letter-spacing: -.3pt;"> </span><span style="letter-spacing: .1pt;">m</span><span style="letter-spacing: .05pt;">a</span><span style="letter-spacing: .15pt;">na</span><span style="letter-spacing: -.05pt;">g</span><span style="letter-spacing: .05pt;">e</span><span style="letter-spacing: .2pt;">m</span><span style="letter-spacing: .15pt;">e</span><span style="letter-spacing: .05pt;">n</span>t<span style="letter-spacing: -.55pt;"> </span>s<span style="letter-spacing: .15pt;">t</span><span style="letter-spacing: .1pt;">r</span><span style="letter-spacing: .05pt;">u</span><span style="letter-spacing: .1pt;">c</span>t<span style="letter-spacing: .15pt;">u</span><span style="letter-spacing: -.05pt;">r</span><span style="letter-spacing: .15pt;">e</span>s<span style="letter-spacing: -.4pt;"> </span><span style="letter-spacing: .05pt;">u</span><span style="letter-spacing: .1pt;">s</span>i<span style="letter-spacing: .15pt;">n</span>g<span style="letter-spacing: -.25pt;"> </span><span style="letter-spacing: .1pt;">m</span><span style="letter-spacing: .15pt;">a</span><span style="letter-spacing: .1pt;">r</span>k<span style="letter-spacing: .05pt;">e</span>t<span style="letter-spacing: -.2pt;"> </span><span style="letter-spacing: .05pt;">n</span><span style="letter-spacing: .15pt;">e</span><span style="letter-spacing: .05pt;">e</span><span style="letter-spacing: .15pt;">d</span>s<span style="letter-spacing: -.35pt;"> </span><span style="letter-spacing: .15pt;">a</span>s t<span style="letter-spacing: .05pt;">h</span>e<span style="letter-spacing: .05pt;"> </span><span style="letter-spacing: .1pt;">s</span>t<span style="letter-spacing: .15pt;">a</span><span style="letter-spacing: .1pt;">r</span><span style="letter-spacing: .15pt;">t</span>i<span style="letter-spacing: .15pt;">n</span>g<span style="letter-spacing: -.35pt;"> </span><span style="letter-spacing: .05pt; mso-font-width: 99%;">p</span><span style="letter-spacing: .15pt; mso-font-width: 99%;">o</span><span style="letter-spacing: .1pt; mso-font-width: 99%;">i</span><span style="letter-spacing: .05pt; mso-font-width: 99%;">n</span>t<o:p></o:p></span></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 42.55pt; margin-right: -1pt; margin-top: 4.2pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">-<span style="letter-spacing: .05pt;"> </span><span style="letter-spacing: .1pt;">Cr</span><span style="letter-spacing: .05pt;">ea</span><span style="letter-spacing: .15pt;">t</span>e<span style="letter-spacing: -.3pt;"> </span><span style="letter-spacing: .15pt;">ne</span>w<span style="letter-spacing: -.2pt;"> </span><span style="letter-spacing: .05pt;">b</span><span style="letter-spacing: .15pt;">u</span><span style="letter-spacing: .1pt;">s</span>i<span style="letter-spacing: .05pt;">n</span><span style="letter-spacing: .15pt;">e</span><span style="letter-spacing: .1pt;">ss</span><span style="letter-spacing: .05pt;">e</span>s<span style="letter-spacing: -.45pt;"> </span><span style="letter-spacing: .05pt;">an</span>d t<span style="letter-spacing: .15pt;">e</span>c<span style="letter-spacing: .15pt;">h</span><span style="letter-spacing: .05pt;">n</span><span style="letter-spacing: .15pt;">o</span>l<span style="letter-spacing: .15pt;">o</span><span style="letter-spacing: .05pt;">g</span>i<span style="letter-spacing: .15pt;">e</span>s<span style="letter-spacing: -.5pt;"> </span><span style="letter-spacing: .15pt;">f</span><span style="letter-spacing: .1pt;">r</span><span style="letter-spacing: .05pt;">o</span>m<span style="letter-spacing: -.15pt;"> </span>a<span style="letter-spacing: .15pt;"> </span>c<span style="letter-spacing: .15pt;">u</span>s<span style="letter-spacing: .15pt;">t</span><span style="letter-spacing: .05pt;">o</span><span style="letter-spacing: .1pt;">m</span><span style="letter-spacing: .15pt;">e</span>r<span style="letter-spacing: -.4pt;"> </span><span style="letter-spacing: .05pt;">p</span><span style="letter-spacing: .15pt;">e</span><span style="letter-spacing: .1pt;">r</span>s<span style="letter-spacing: .05pt;">p</span><span style="letter-spacing: .15pt;">e</span>c<span style="letter-spacing: .15pt;">t</span><span style="letter-spacing: .1pt;">i</span>ve<o:p></o:p></span></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 42.55pt; margin-right: -1pt; margin-top: 4.2pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">-<span style="letter-spacing: .05pt;"> An</span><span style="letter-spacing: .15pt;">t</span><span style="letter-spacing: .1pt;">ic</span>i<span style="letter-spacing: .05pt;">p</span><span style="letter-spacing: .15pt;">a</span>te<span style="letter-spacing: -.35pt;"> </span><span style="letter-spacing: .1pt;">c</span><span style="letter-spacing: .05pt;">ha</span><span style="letter-spacing: .15pt;">n</span><span style="letter-spacing: .05pt;">ge</span>s<span style="letter-spacing: -.2pt;"> </span><span style="letter-spacing: .1pt;">i</span>n<span style="letter-spacing: -.05pt;"> </span>t<span style="letter-spacing: .15pt;">h</span>e<span style="letter-spacing: -.1pt;"> </span><span style="letter-spacing: .1pt;">m</span><span style="letter-spacing: .15pt;">a</span><span style="letter-spacing: .1pt;">r</span>k<span style="letter-spacing: .15pt;">e</span>t<span style="letter-spacing: -.3pt;"> </span><span style="letter-spacing: .15pt;">a</span><span style="letter-spacing: .05pt;">n</span>d t<span style="letter-spacing: .05pt;">h</span>e<span style="letter-spacing: .15pt;"> </span><span style="letter-spacing: .1pt;">c</span><span style="letter-spacing: .05pt;">o</span><span style="letter-spacing: .1pt;">m</span><span style="letter-spacing: .05pt;">pe</span><span style="letter-spacing: .15pt;">t</span><span style="letter-spacing: .1pt;">i</span>t<span style="letter-spacing: .1pt;">i</span><span style="letter-spacing: .05pt;">o</span>n<o:p></o:p></span></div> </div> <span lang="EN-US" style="font-family: "Calibri","sans-serif"; font-size: 11.0pt; line-height: 115%; mso-ansi-language: EN-US; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: "Times New Roman"; mso-bidi-language: AR-SA; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: 宋体; mso-fareast-language: EN-US; mso-fareast-theme-font: minor-fareast; mso-hansi-theme-font: minor-latin;"><br clear="all" style="mso-break-type: section-break; page-break-before: always;" /> </span> <div class="WordSection3"> <div class="MsoNormal" style="line-height: 5.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 0cm; margin-right: 0cm; margin-top: .25pt; mso-line-height-rule: exactly;"> <br /></div> <div class="MsoNormal" style="line-height: 10.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; mso-line-height-rule: exactly;"> <br /></div> <div class="MsoNormal" style="line-height: 10.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; mso-line-height-rule: exactly;"> <br /></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 29.45pt; margin-right: -1pt; margin-top: 1.45pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .05pt; mso-fareast-font-family: Arial;">2</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">)<span style="letter-spacing: .15pt;"> </span><span style="letter-spacing: .1pt;">C</span><span style="letter-spacing: -.05pt;">r</span><span style="letter-spacing: .05pt;">e</span><span style="letter-spacing: .15pt;">a</span>te<span style="letter-spacing: -.15pt;"> </span><span style="letter-spacing: .05pt;">n</span><span style="letter-spacing: .15pt;">e</span>w<span style="letter-spacing: -.2pt;"> </span><span style="letter-spacing: .15pt;">b</span><span style="letter-spacing: .05pt;">u</span><span style="letter-spacing: .1pt;">s</span>i<span style="letter-spacing: .15pt;">n</span><span style="letter-spacing: .05pt;">e</span><span style="letter-spacing: .1pt;">s</span>s<span style="letter-spacing: .15pt;">e</span>s<span style="letter-spacing: -.6pt;"> </span><span style="letter-spacing: .15pt;">th</span><span style="letter-spacing: -.05pt;">r</span><span style="letter-spacing: .05pt;">o</span><span style="letter-spacing: .15pt;">u</span><span style="letter-spacing: .05pt;">g</span>h<span style="letter-spacing: -.2pt;"> </span>t<span style="letter-spacing: .05pt;">h</span>e<span style="letter-spacing: .05pt;"> </span><span style="letter-spacing: .15pt;">f</span><span style="letter-spacing: .05pt;">u</span><span style="letter-spacing: .1pt;">s</span>i<span style="letter-spacing: .15pt;">o</span>n<span style="letter-spacing: -.1pt;"> </span><span style="letter-spacing: .05pt;">o</span>f<span style="letter-spacing: .05pt;"> </span>IT<span style="letter-spacing: .15pt;"> </span><span style="letter-spacing: .05pt;">an</span>d s<span style="letter-spacing: .15pt;">o</span><span style="letter-spacing: .1pt;">c</span>i<span style="letter-spacing: .15pt;">a</span>l<span style="letter-spacing: -.2pt;"> </span><span style="letter-spacing: .1pt;">i</span><span style="letter-spacing: .05pt;">n</span><span style="letter-spacing: .15pt;">f</span><span style="letter-spacing: -.05pt;">r</span><span style="letter-spacing: .15pt;">a</span><span style="letter-spacing: .1pt;">s</span><span style="letter-spacing: .15pt;">t</span><span style="letter-spacing: -.05pt;">r</span><span style="letter-spacing: .15pt;">u</span>c<span style="letter-spacing: .15pt;">tu</span><span style="letter-spacing: -.05pt;">r</span><span style="letter-spacing: .15pt;">e</span>s<o:p></o:p></span></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 41.55pt; margin-right: -1pt; margin-top: 4.2pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">-<span style="letter-spacing: .05pt;"> B</span><span style="letter-spacing: .15pt;">u</span><span style="letter-spacing: .1pt;">s</span>i<span style="letter-spacing: .05pt;">n</span><span style="letter-spacing: .15pt;">e</span>ss<span style="letter-spacing: -.35pt;"> </span><span style="letter-spacing: .15pt;">p</span><span style="letter-spacing: -.05pt;">r</span><span style="letter-spacing: .15pt;">o</span><span style="letter-spacing: .05pt;">p</span><span style="letter-spacing: .15pt;">o</span>s<span style="letter-spacing: .15pt;">a</span>ls<span style="letter-spacing: -.35pt;"> </span><span style="letter-spacing: .15pt;">f</span><span style="letter-spacing: .05pt;">o</span>r<span style="letter-spacing: .1pt;"> </span><span style="letter-spacing: .05pt;">g</span><span style="letter-spacing: -.05pt;">r</span><span style="letter-spacing: .15pt;">o</span>w<span style="letter-spacing: .15pt;">t</span>h<span style="letter-spacing: -.15pt;"> </span><span style="letter-spacing: -.05pt;">r</span><span style="letter-spacing: .15pt;">e</span><span style="letter-spacing: .05pt;">g</span><span style="letter-spacing: .1pt;">i</span><span style="letter-spacing: .05pt;">o</span><span style="letter-spacing: .15pt;">n</span>s<span style="letter-spacing: -.25pt;"> </span><span style="letter-spacing: .05pt;">an</span>d<span style="letter-spacing: .1pt;"> </span>i<span style="letter-spacing: .05pt;">n</span><span style="letter-spacing: .15pt;">d</span><span style="letter-spacing: .05pt;">u</span><span style="letter-spacing: .1pt;">s</span><span style="letter-spacing: .15pt;">t</span><span style="letter-spacing: .1pt;">r</span>i<span style="letter-spacing: .15pt;">e</span>s<o:p></o:p></span></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 41.55pt; margin-right: -1pt; margin-top: 4.2pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">-<span style="letter-spacing: .05pt;"> </span><span style="letter-spacing: .1pt;">Cr</span><span style="letter-spacing: .05pt;">ea</span><span style="letter-spacing: .15pt;">t</span>e<span style="letter-spacing: -.3pt;"> </span><span style="letter-spacing: .15pt;">ne</span>w<span style="letter-spacing: -.2pt;"> </span><span style="letter-spacing: .05pt;">b</span><span style="letter-spacing: .15pt;">u</span><span style="letter-spacing: .1pt;">s</span>i<span style="letter-spacing: .05pt;">n</span><span style="letter-spacing: .15pt;">e</span><span style="letter-spacing: .1pt;">ss</span><span style="letter-spacing: .05pt;">e</span>s,<span style="letter-spacing: -.35pt;"> </span>i<span style="letter-spacing: .15pt;">n</span><span style="letter-spacing: .1pt;">c</span>l<span style="letter-spacing: .05pt;">u</span><span style="letter-spacing: .15pt;">d</span>i<span style="letter-spacing: .15pt;">n</span>g<span style="letter-spacing: -.4pt;"> </span><span style="letter-spacing: .05pt;">n</span><span style="letter-spacing: .15pt;">e</span>w<span style="letter-spacing: -.1pt;"> </span><span style="letter-spacing: .1pt;">s</span><span style="letter-spacing: .15pt;">e</span><span style="letter-spacing: .1pt;">r</span>v<span style="letter-spacing: .1pt;">i</span>c<span style="letter-spacing: .15pt;">e</span>s<o:p></o:p></span></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 17.2pt; margin-right: -1pt; margin-top: 4.2pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: -.05pt; mso-fareast-font-family: Arial;">(</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .15pt; mso-fareast-font-family: Arial;">2</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">)<span style="letter-spacing: -.05pt;"> </span><span style="letter-spacing: .15pt;">E</span>x<span style="letter-spacing: .05pt;">pa</span><span style="letter-spacing: .15pt;">n</span>d<span style="letter-spacing: -.2pt;"> </span>t<span style="letter-spacing: .05pt;">h</span>e<span style="letter-spacing: .05pt;"> S</span><span style="letter-spacing: .15pt;">o</span><span style="letter-spacing: .1pt;">c</span>i<span style="letter-spacing: .15pt;">a</span>l<span style="letter-spacing: -.25pt;"> </span>I<span style="letter-spacing: .05pt;">nn</span><span style="letter-spacing: .15pt;">o</span>v<span style="letter-spacing: .15pt;">at</span>i<span style="letter-spacing: .05pt;">o</span>n<span style="letter-spacing: -.35pt;"> </span><span style="letter-spacing: .05pt;">B</span><span style="letter-spacing: .15pt;">u</span><span style="letter-spacing: .1pt;">s</span>i<span style="letter-spacing: .05pt;">n</span><span style="letter-spacing: .15pt;">e</span><span style="letter-spacing: .1pt;">s</span>s<o:p></o:p></span></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 29.45pt; margin-right: -1pt; margin-top: 4.2pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .05pt; mso-fareast-font-family: Arial;">1</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">) <span style="letter-spacing: .15pt;">G</span>l<span style="letter-spacing: .15pt;">o</span><span style="letter-spacing: .05pt;">b</span><span style="letter-spacing: .15pt;">a</span>l<span style="letter-spacing: -.35pt;"> </span><span style="letter-spacing: .15pt;">e</span>x<span style="letter-spacing: .15pt;">p</span><span style="letter-spacing: .05pt;">a</span><span style="letter-spacing: .15pt;">n</span>s<span style="letter-spacing: .1pt;">i</span><span style="letter-spacing: .05pt;">o</span>n<span style="letter-spacing: -.5pt;"> </span><span style="letter-spacing: .15pt;">fo</span>r<span style="letter-spacing: -.05pt;"> </span>t<span style="letter-spacing: .05pt;">h</span>e<span style="letter-spacing: .15pt;"> </span>s<span style="letter-spacing: .1pt;">m</span><span style="letter-spacing: .15pt;">a</span><span style="letter-spacing: -.05pt;">r</span>t<span style="letter-spacing: -.15pt;"> </span><span style="letter-spacing: .1pt;">ci</span><span style="letter-spacing: .15pt;">t</span>y<span style="letter-spacing: -.2pt;"> </span><span style="letter-spacing: .05pt;">b</span><span style="letter-spacing: .15pt;">u</span><span style="letter-spacing: .1pt;">s</span>i<span style="letter-spacing: .05pt;">n</span><span style="letter-spacing: .15pt;">e</span>ss<span style="letter-spacing: -.2pt;"> </span>w<span style="letter-spacing: .1pt;">i</span>th <span style="letter-spacing: .05pt;">de</span><span style="letter-spacing: .1pt;">m</span><span style="letter-spacing: .15pt;">o</span><span style="letter-spacing: .05pt;">n</span><span style="letter-spacing: .1pt;">s</span><span style="letter-spacing: .15pt;">t</span><span style="letter-spacing: -.05pt;">r</span><span style="letter-spacing: .15pt;">a</span>t<span style="letter-spacing: .1pt;">i</span><span style="letter-spacing: .05pt;">o</span>n<span style="letter-spacing: -.55pt;"> </span><span style="letter-spacing: .1pt;">m</span><span style="letter-spacing: .05pt;">od</span><span style="letter-spacing: .15pt;">e</span>ls<o:p></o:p></span></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 29.45pt; margin-right: -1pt; margin-top: 4.2pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .05pt; mso-fareast-font-family: Arial;">2</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">) <span style="letter-spacing: .15pt;">G</span>l<span style="letter-spacing: .15pt;">o</span><span style="letter-spacing: .05pt;">b</span><span style="letter-spacing: .15pt;">a</span>l<span style="letter-spacing: -.25pt;"> </span><span style="letter-spacing: .05pt;">g</span><span style="letter-spacing: .1pt;">r</span><span style="letter-spacing: .15pt;">o</span>wth<span style="letter-spacing: -.05pt;"> </span>in<span style="letter-spacing: .1pt;"> r</span><span style="letter-spacing: .05pt;">e</span><span style="letter-spacing: .1pt;">s</span><span style="letter-spacing: .05pt;">pon</span><span style="letter-spacing: .1pt;">s</span>e<span style="letter-spacing: -.3pt;"> </span>to<span style="letter-spacing: -.05pt;"> </span><span style="letter-spacing: .2pt;">m</span><span style="letter-spacing: .15pt;">a</span><span style="letter-spacing: -.05pt;">r</span><span style="letter-spacing: .1pt;">k</span><span style="letter-spacing: .05pt;">e</span>t<span style="letter-spacing: -.2pt;"> </span><span style="letter-spacing: .05pt;">ne</span><span style="letter-spacing: .15pt;">ed</span>s<span style="letter-spacing: -.2pt;"> </span>in<span style="letter-spacing: .1pt;"> </span>I<span style="letter-spacing: .05pt;">n</span><span style="letter-spacing: .25pt;">f</span><span style="letter-spacing: -.05pt;">r</span><span style="letter-spacing: .15pt;">a</span>s<span style="letter-spacing: .15pt;">t</span><span style="letter-spacing: -.05pt;">r</span><span style="letter-spacing: .15pt;">u</span><span style="letter-spacing: .1pt;">c</span>t<span style="letter-spacing: .15pt;">u</span><span style="letter-spacing: -.05pt;">r</span>e<span style="letter-spacing: -.5pt;"> </span><span style="letter-spacing: .15pt;">S</span>y<span style="letter-spacing: .1pt;">s</span><span style="letter-spacing: .15pt;">t</span><span style="letter-spacing: .05pt;">e</span><span style="letter-spacing: .1pt;">m</span>s<span style="letter-spacing: -.3pt;"> </span><span style="letter-spacing: .1pt;">F</span>i<span style="letter-spacing: .15pt;">e</span>ld<o:p></o:p></span></div> <div class="MsoNormal" style="line-height: 130%; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 41.55pt; margin-right: 20.35pt; margin-top: 4.2pt; text-indent: -12.1pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .05pt; line-height: 130%; mso-fareast-font-family: Arial;">3</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; line-height: 130%; mso-fareast-font-family: Arial;">) <span style="letter-spacing: .15pt;">G</span>l<span style="letter-spacing: .15pt;">o</span><span style="letter-spacing: .05pt;">b</span><span style="letter-spacing: .15pt;">a</span>l<span style="letter-spacing: -.35pt;"> </span><span style="letter-spacing: .15pt;">b</span><span style="letter-spacing: .05pt;">u</span><span style="letter-spacing: .1pt;">si</span><span style="letter-spacing: .05pt;">ne</span><span style="letter-spacing: .1pt;">s</span>s<span style="letter-spacing: -.3pt;"> </span><span style="letter-spacing: .15pt;">e</span>x<span style="letter-spacing: .05pt;">pan</span><span style="letter-spacing: .1pt;">si</span><span style="letter-spacing: .05pt;">o</span>n<span style="letter-spacing: -.35pt;"> </span>t<span style="letter-spacing: .15pt;">h</span><span style="letter-spacing: -.05pt;">r</span><span style="letter-spacing: .15pt;">ou</span><span style="letter-spacing: -.05pt;">g</span>h<span style="letter-spacing: -.2pt;"> </span>t<span style="letter-spacing: .15pt;">h</span>e<span style="letter-spacing: -.1pt;"> </span><span style="letter-spacing: .15pt;">u</span>s<span style="letter-spacing: .15pt;">a</span><span style="letter-spacing: -.05pt;">g</span>e<span style="letter-spacing: -.15pt;"> </span><span style="letter-spacing: .05pt;">o</span>f<span style="letter-spacing: .05pt;"> </span><span style="letter-spacing: .15pt;">B</span><span style="letter-spacing: .1pt;">i</span>g<span style="letter-spacing: .05pt;"> </span>D<span style="letter-spacing: .15pt;">a</span>ta<span style="letter-spacing: -.05pt;"> </span>t<span style="letter-spacing: .15pt;">e</span>c<span style="letter-spacing: .15pt;">h</span><span style="letter-spacing: .05pt;">no</span><span style="letter-spacing: .1pt;">l</span><span style="letter-spacing: .15pt;">o</span><span style="letter-spacing: .05pt;">g</span>i<span style="letter-spacing: .15pt;">e</span>s in<span style="letter-spacing: .1pt;"> </span>I<span style="letter-spacing: .05pt;">n</span><span style="letter-spacing: .15pt;">fo</span><span style="letter-spacing: -.05pt;">r</span><span style="letter-spacing: .1pt;">m</span><span style="letter-spacing: .15pt;">at</span>i<span style="letter-spacing: .05pt;">o</span>n<span style="letter-spacing: -.4pt;"> </span>&<span style="letter-spacing: -.05pt;"> </span><span style="letter-spacing: .1pt;">T</span><span style="letter-spacing: .15pt;">e</span><span style="letter-spacing: .1pt;">l</span><span style="letter-spacing: .05pt;">e</span><span style="letter-spacing: .1pt;">c</span><span style="letter-spacing: .05pt;">o</span><span style="letter-spacing: .1pt;">mm</span><span style="letter-spacing: .05pt;">u</span><span style="letter-spacing: .15pt;">n</span>i<span style="letter-spacing: .1pt;">c</span><span style="letter-spacing: .05pt;">a</span><span style="letter-spacing: .15pt;">t</span>i<span style="letter-spacing: .05pt;">o</span>n<span style="letter-spacing: -.85pt;"> </span><span style="letter-spacing: .15pt;">S</span>y<span style="letter-spacing: .1pt;">s</span>t<span style="letter-spacing: .05pt;">e</span><span style="letter-spacing: .2pt;">m</span>s<span style="letter-spacing: -.3pt;"> </span><span style="letter-spacing: .1pt;">F</span>i<span style="letter-spacing: .15pt;">e</span>ld<o:p></o:p></span></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 29.45pt; margin-right: -1pt; margin-top: 0.1pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .05pt; mso-fareast-font-family: Arial;">4</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">) <span style="letter-spacing: .15pt;">A</span>c<span style="letter-spacing: .1pt;">c</span><span style="letter-spacing: .15pt;">e</span>l<span style="letter-spacing: .15pt;">e</span><span style="letter-spacing: -.05pt;">r</span><span style="letter-spacing: .05pt;">a</span><span style="letter-spacing: .15pt;">t</span>e<span style="letter-spacing: -.35pt;"> </span><span style="letter-spacing: .05pt;">g</span><span style="letter-spacing: .1pt;">l</span><span style="letter-spacing: .05pt;">ob</span><span style="letter-spacing: .15pt;">a</span>l<span style="letter-spacing: -.2pt;"> </span><span style="letter-spacing: .15pt;">e</span>x<span style="letter-spacing: .05pt;">pa</span><span style="letter-spacing: .15pt;">n</span><span style="letter-spacing: .1pt;">s</span>i<span style="letter-spacing: .15pt;">o</span>n<span style="letter-spacing: -.5pt;"> </span><span style="letter-spacing: .05pt;">o</span>f<span style="letter-spacing: .05pt;"> </span><span style="letter-spacing: .15pt;">b</span><span style="letter-spacing: .05pt;">u</span><span style="letter-spacing: .1pt;">si</span><span style="letter-spacing: .05pt;">ne</span><span style="letter-spacing: .1pt;">s</span>s<span style="letter-spacing: -.3pt;"> </span><span style="letter-spacing: .1pt;">i</span>n<span style="letter-spacing: -.05pt;"> </span><span style="letter-spacing: .05pt;">P</span><span style="letter-spacing: .15pt;">o</span>w<span style="letter-spacing: .15pt;">e</span>r<span style="letter-spacing: -.25pt;"> </span><span style="letter-spacing: .15pt;">S</span>y<span style="letter-spacing: .1pt;">s</span>t<span style="letter-spacing: .05pt;">e</span><span style="letter-spacing: .2pt;">m</span>s<span style="letter-spacing: -.3pt;"> </span><span style="letter-spacing: .1pt;">F</span>i<span style="letter-spacing: .15pt;">e</span><span style="letter-spacing: .1pt;">l</span>d<o:p></o:p></span></div> <div class="MsoNormal" style="line-height: 10.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; mso-line-height-rule: exactly;"> <br /></div> <div class="MsoNormal" style="line-height: 12.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 0cm; margin-right: 0cm; margin-top: .3pt; mso-line-height-rule: exactly;"> <br /></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 5.1pt; margin-right: -1pt; margin-top: 0cm;"> <b><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; mso-fareast-font-family: Arial;">4</span></b><b><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">.<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .4pt;">S</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">r</span><span style="letter-spacing: .4pt;">e</span><span style="letter-spacing: .35pt;">ng</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">h</span><span style="letter-spacing: .4pt;">e</span><span style="letter-spacing: .35pt;">n</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .45pt;">n</span>g<span style="letter-spacing: -.05pt;"> </span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .45pt;">h</span>e<span style="letter-spacing: .6pt;"> </span><span style="letter-spacing: .35pt;">M</span><span style="letter-spacing: .4pt;">a</span><span style="letter-spacing: .35pt;">n</span><span style="letter-spacing: .4pt;">a</span><span style="letter-spacing: .35pt;">g</span><span style="letter-spacing: .4pt;">eme</span><span style="letter-spacing: .35pt;">n</span>t<span style="letter-spacing: -.05pt;"> </span><span style="letter-spacing: .35pt;">B</span><span style="letter-spacing: .4pt;">as</span>e<span style="letter-spacing: .5pt;"> </span><span style="letter-spacing: .4pt;">a</span><span style="letter-spacing: .35pt;">n</span>d<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .4pt;">Gl</span><span style="letter-spacing: .35pt;">ob</span><span style="letter-spacing: .4pt;">a</span>l<span style="letter-spacing: .4pt;"> G</span><span style="letter-spacing: .35pt;">r</span><span style="letter-spacing: .25pt;">o</span><span style="letter-spacing: .6pt;">w</span><span style="letter-spacing: .3pt;">t</span>h<span style="letter-spacing: .35pt;"> </span><span style="letter-spacing: .4pt;">S</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">r</span><span style="letter-spacing: .4pt;">a</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">e</span><span style="letter-spacing: .35pt;">g</span><span style="letter-spacing: .4pt;">ie</span>s</span></b><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;"><o:p></o:p></span></div> <div align="center" class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 15.3pt; margin-right: 210.8pt; margin-top: 4.05pt; text-align: center;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: -.05pt; mso-fareast-font-family: Arial;">(</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .15pt; mso-fareast-font-family: Arial;">1</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">)<span style="letter-spacing: -.05pt;"> </span><span style="letter-spacing: .05pt;">S</span><span style="letter-spacing: .15pt;">t</span><span style="letter-spacing: .1pt;">r</span><span style="letter-spacing: .05pt;">e</span><span style="letter-spacing: .15pt;">n</span><span style="letter-spacing: .05pt;">g</span>t<span style="letter-spacing: .05pt;">h</span><span style="letter-spacing: .15pt;">e</span><span style="letter-spacing: .05pt;">n</span><span style="letter-spacing: .1pt;">i</span><span style="letter-spacing: .15pt;">n</span>g<span style="letter-spacing: -.7pt;"> </span>t<span style="letter-spacing: .05pt;">h</span>e<span style="letter-spacing: .15pt;"> </span><span style="letter-spacing: .1pt;">m</span><span style="letter-spacing: .05pt;">an</span><span style="letter-spacing: .15pt;">a</span><span style="letter-spacing: -.05pt;">g</span><span style="letter-spacing: .05pt;">e</span><span style="letter-spacing: .2pt;">m</span><span style="letter-spacing: .05pt;">en</span>t<span style="letter-spacing: -.55pt;"> </span><span style="letter-spacing: .05pt; mso-font-width: 99%;">b</span><span style="letter-spacing: .15pt; mso-font-width: 99%;">a</span>se<o:p></o:p></span></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 29.45pt; margin-right: -1pt; margin-top: 4.2pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .05pt; mso-fareast-font-family: Arial;">1</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">) I<span style="letter-spacing: .1pt;">m</span><span style="letter-spacing: .15pt;">p</span><span style="letter-spacing: .1pt;">l</span><span style="letter-spacing: .05pt;">e</span><span style="letter-spacing: .1pt;">m</span><span style="letter-spacing: .05pt;">en</span>t<span style="letter-spacing: -.25pt;"> </span>c<span style="letter-spacing: .15pt;">o</span>st<span style="letter-spacing: -.05pt;"> </span><span style="letter-spacing: .1pt;">s</span>t<span style="letter-spacing: .1pt;">r</span><span style="letter-spacing: .15pt;">u</span>ct<span style="letter-spacing: .15pt;">u</span><span style="letter-spacing: .1pt;">r</span>e<span style="letter-spacing: -.25pt;"> </span><span style="letter-spacing: -.05pt;">r</span><span style="letter-spacing: .05pt;">e</span><span style="letter-spacing: .15pt;">fo</span><span style="letter-spacing: -.05pt;">r</span><span style="letter-spacing: .2pt;">m</span>s<o:p></o:p></span></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 41.55pt; margin-right: -1pt; margin-top: 4.2pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">-<span style="letter-spacing: .05pt;"> </span><span style="letter-spacing: .15pt;">E</span>x<span style="letter-spacing: .05pt;">e</span><span style="letter-spacing: .1pt;">c</span><span style="letter-spacing: .05pt;">u</span>te<span style="letter-spacing: -.15pt;"> </span><span style="letter-spacing: -.05pt;">“</span>t<span style="letter-spacing: .15pt;">h</span>e <span style="letter-spacing: .1pt;">H</span>i<span style="letter-spacing: .15pt;">t</span><span style="letter-spacing: .05pt;">a</span><span style="letter-spacing: .1pt;">c</span><span style="letter-spacing: .05pt;">h</span>i<span style="letter-spacing: -.1pt;"> </span><span style="letter-spacing: .05pt;">S</span><span style="letter-spacing: .1pt;">m</span><span style="letter-spacing: .15pt;">a</span><span style="letter-spacing: -.05pt;">r</span>t<span style="letter-spacing: -.25pt;"> </span><span style="letter-spacing: .25pt;">T</span><span style="letter-spacing: -.05pt;">r</span><span style="letter-spacing: .15pt;">a</span><span style="letter-spacing: .05pt;">n</span>s<span style="letter-spacing: .15pt;">fo</span><span style="letter-spacing: -.05pt;">r</span><span style="letter-spacing: .1pt;">m</span><span style="letter-spacing: .15pt;">at</span>i<span style="letter-spacing: .05pt;">o</span>n<span style="letter-spacing: -.5pt;"> </span><span style="letter-spacing: .05pt;">P</span><span style="letter-spacing: .1pt;">r</span><span style="letter-spacing: .05pt;">o</span><span style="letter-spacing: .1pt;">j</span><span style="letter-spacing: .05pt;">e</span><span style="letter-spacing: .1pt;">c</span><span style="letter-spacing: .15pt;">t</span>”<o:p></o:p></span></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 29.45pt; margin-right: -1pt; margin-top: 4.2pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .05pt; mso-fareast-font-family: Arial;">2</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">) <span style="letter-spacing: .05pt;">S</span><span style="letter-spacing: .15pt;">t</span><span style="letter-spacing: .1pt;">r</span><span style="letter-spacing: .05pt;">e</span><span style="letter-spacing: .15pt;">n</span><span style="letter-spacing: .05pt;">g</span>t<span style="letter-spacing: .05pt;">h</span><span style="letter-spacing: .15pt;">e</span>n<span style="letter-spacing: -.55pt;"> </span><span style="letter-spacing: .15pt;">t</span><span style="letter-spacing: .05pt;">h</span>e<span style="letter-spacing: -.1pt;"> </span><span style="letter-spacing: .25pt;">f</span>i<span style="letter-spacing: .05pt;">n</span><span style="letter-spacing: .15pt;">a</span><span style="letter-spacing: .05pt;">n</span><span style="letter-spacing: .1pt;">c</span>i<span style="letter-spacing: .15pt;">a</span>l<span style="letter-spacing: -.35pt;"> </span><span style="letter-spacing: .05pt;">p</span><span style="letter-spacing: .15pt;">o</span>s<span style="letter-spacing: .1pt;">i</span><span style="letter-spacing: .15pt;">t</span>i<span style="letter-spacing: .05pt;">o</span>n<o:p></o:p></span></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 41.55pt; margin-right: -1pt; margin-top: 4.2pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">-<span style="letter-spacing: .05pt;"> </span>I<span style="letter-spacing: .1pt;">m</span><span style="letter-spacing: .15pt;">p</span><span style="letter-spacing: -.05pt;">r</span><span style="letter-spacing: .15pt;">o</span>ve<span style="letter-spacing: -.25pt;"> </span><span style="letter-spacing: .15pt;">p</span><span style="letter-spacing: -.05pt;">r</span><span style="letter-spacing: .05pt;">o</span><span style="letter-spacing: .25pt;">f</span>it<span style="letter-spacing: .15pt;">a</span><span style="letter-spacing: .05pt;">b</span><span style="letter-spacing: .1pt;">ili</span><span style="letter-spacing: .15pt;">t</span>y<span style="letter-spacing: -.4pt;"> </span><span style="letter-spacing: .05pt;">an</span>d s<span style="letter-spacing: .15pt;">t</span><span style="letter-spacing: .1pt;">r</span><span style="letter-spacing: .05pt;">e</span><span style="letter-spacing: .15pt;">n</span><span style="letter-spacing: .05pt;">g</span>t<span style="letter-spacing: .05pt;">he</span>n<span style="letter-spacing: -.35pt;"> </span><span style="letter-spacing: .15pt;">t</span><span style="letter-spacing: .05pt;">h</span>e<span style="letter-spacing: -.1pt;"> </span><span style="letter-spacing: .25pt;">f</span>i<span style="letter-spacing: .15pt;">n</span><span style="letter-spacing: .05pt;">an</span><span style="letter-spacing: .1pt;">c</span>i<span style="letter-spacing: .15pt;">a</span>l<span style="letter-spacing: -.35pt;"> </span><span style="letter-spacing: .05pt;">p</span><span style="letter-spacing: .15pt;">o</span><span style="letter-spacing: .1pt;">s</span>i<span style="letter-spacing: .15pt;">t</span>i<span style="letter-spacing: .15pt;">o</span>n<o:p></o:p></span></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 41.55pt; margin-right: -1pt; margin-top: 4.2pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">-<span style="letter-spacing: .05pt;"> </span>F<span style="letter-spacing: .15pt;">o</span>c<span style="letter-spacing: .15pt;">u</span>s<span style="letter-spacing: -.35pt;"> </span><span style="letter-spacing: .2pt;">m</span><span style="letter-spacing: .05pt;">an</span><span style="letter-spacing: .15pt;">a</span><span style="letter-spacing: .05pt;">ge</span><span style="letter-spacing: .1pt;">m</span><span style="letter-spacing: .05pt;">e</span><span style="letter-spacing: .15pt;">n</span>t<span style="letter-spacing: -.55pt;"> </span><span style="letter-spacing: .1pt;">r</span><span style="letter-spacing: .05pt;">e</span>s<span style="letter-spacing: .05pt;">o</span><span style="letter-spacing: .15pt;">u</span><span style="letter-spacing: .1pt;">r</span>c<span style="letter-spacing: .15pt;">e</span>s<o:p></o:p></span></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 17.2pt; margin-right: -1pt; margin-top: 4.2pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: -.05pt; mso-fareast-font-family: Arial;">(</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .15pt; mso-fareast-font-family: Arial;">2</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">)<span style="letter-spacing: -.05pt;"> </span><span style="letter-spacing: .15pt;">G</span>l<span style="letter-spacing: .15pt;">o</span><span style="letter-spacing: .05pt;">b</span><span style="letter-spacing: .15pt;">a</span>l<span style="letter-spacing: -.25pt;"> </span><span style="letter-spacing: .15pt;">G</span><span style="letter-spacing: -.05pt;">r</span><span style="letter-spacing: .15pt;">o</span>wth<span style="letter-spacing: -.2pt;"> </span><span style="letter-spacing: .15pt;">St</span><span style="letter-spacing: -.05pt;">r</span><span style="letter-spacing: .15pt;">a</span>t<span style="letter-spacing: .15pt;">e</span><span style="letter-spacing: .05pt;">g</span>i<span style="letter-spacing: .15pt;">e</span>s<o:p></o:p></span></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 29.45pt; margin-right: -1pt; margin-top: 4.2pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .05pt; mso-fareast-font-family: Arial;">1</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">) <span style="letter-spacing: .15pt;">E</span>x<span style="letter-spacing: .05pt;">p</span><span style="letter-spacing: .15pt;">a</span><span style="letter-spacing: .05pt;">n</span>d<span style="letter-spacing: -.2pt;"> </span>i<span style="letter-spacing: .15pt;">n</span>v<span style="letter-spacing: .15pt;">e</span>st<span style="letter-spacing: .2pt;">m</span><span style="letter-spacing: .05pt;">en</span><span style="letter-spacing: .15pt;">t</span>s<span style="letter-spacing: -.5pt;"> </span>t<span style="letter-spacing: .15pt;">a</span><span style="letter-spacing: .1pt;">r</span><span style="letter-spacing: -.05pt;">g</span><span style="letter-spacing: .15pt;">et</span>i<span style="letter-spacing: .15pt;">n</span>g<span style="letter-spacing: -.4pt;"> </span><span style="letter-spacing: .1pt;">k</span><span style="letter-spacing: .15pt;">e</span>y<span style="letter-spacing: -.05pt;"> r</span><span style="letter-spacing: .15pt;">e</span><span style="letter-spacing: .05pt;">g</span>i<span style="letter-spacing: .15pt;">o</span><span style="letter-spacing: .05pt;">n</span>s<o:p></o:p></span></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 41.9pt; margin-right: -1pt; margin-top: 4.2pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">-<span style="letter-spacing: .05pt;"> </span><span style="letter-spacing: .15pt;">G</span>l<span style="letter-spacing: .05pt;">o</span><span style="letter-spacing: .15pt;">b</span><span style="letter-spacing: .05pt;">a</span><span style="letter-spacing: .1pt;">li</span>ze<span style="letter-spacing: -.3pt;"> </span><span style="letter-spacing: .1pt;">c</span><span style="letter-spacing: .15pt;">o</span><span style="letter-spacing: -.05pt;">r</span><span style="letter-spacing: .05pt;">p</span><span style="letter-spacing: .15pt;">o</span><span style="letter-spacing: -.05pt;">r</span><span style="letter-spacing: .15pt;">a</span>te<span style="letter-spacing: -.3pt;"> </span><span style="letter-spacing: .15pt;">f</span><span style="letter-spacing: .05pt;">un</span><span style="letter-spacing: .1pt;">c</span><span style="letter-spacing: .15pt;">t</span>i<span style="letter-spacing: .05pt;">o</span><span style="letter-spacing: .15pt;">n</span>s<span style="letter-spacing: -.5pt;"> </span><span style="letter-spacing: .15pt;">a</span><span style="letter-spacing: .05pt;">n</span>d i<span style="letter-spacing: .2pt;">m</span><span style="letter-spacing: .05pt;">p</span><span style="letter-spacing: .1pt;">l</span><span style="letter-spacing: .05pt;">e</span><span style="letter-spacing: .1pt;">m</span><span style="letter-spacing: .15pt;">e</span><span style="letter-spacing: .05pt;">n</span>t<span style="letter-spacing: -.4pt;"> </span>t<span style="letter-spacing: .05pt;">h</span>e<o:p></o:p></span></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 47.9pt; margin-right: -1pt; margin-top: 4.2pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .1pt; mso-fareast-font-family: Arial;">“</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">C<span style="letter-spacing: .15pt;">h</span>i<span style="letter-spacing: .15pt;">n</span>a<span style="letter-spacing: -.3pt;"> </span><span style="letter-spacing: .15pt;">B</span><span style="letter-spacing: .05pt;">u</span><span style="letter-spacing: .1pt;">s</span>i<span style="letter-spacing: .15pt;">n</span><span style="letter-spacing: .05pt;">e</span><span style="letter-spacing: .1pt;">s</span>s<span style="letter-spacing: -.35pt;"> </span><span style="letter-spacing: .05pt;">S</span><span style="letter-spacing: .15pt;">t</span><span style="letter-spacing: .1pt;">r</span><span style="letter-spacing: .05pt;">a</span><span style="letter-spacing: .15pt;">te</span><span style="letter-spacing: .05pt;">g</span>y<span style="letter-spacing: -.45pt;"> </span><span style="letter-spacing: .05pt;">20</span><span style="letter-spacing: .15pt;">15</span>”<o:p></o:p></span></div> <div class="MsoNormal" style="line-height: 130%; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 48.5pt; margin-right: 7.0pt; margin-top: 4.2pt; text-indent: -6.1pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; line-height: 130%; mso-fareast-font-family: Arial;">-<span style="letter-spacing: -.05pt;"> </span><span style="letter-spacing: .5pt;">E</span><span style="letter-spacing: .25pt;">x</span><span style="letter-spacing: .4pt;">pan</span>d<span style="letter-spacing: .05pt;"> </span><span style="letter-spacing: .15pt;">b</span><span style="letter-spacing: .05pt;">u</span><span style="letter-spacing: .1pt;">s</span>i<span style="letter-spacing: .15pt;">n</span><span style="letter-spacing: .05pt;">e</span><span style="letter-spacing: .1pt;">s</span>s<span style="letter-spacing: -.3pt;"> </span><span style="letter-spacing: .1pt;">i</span>n<span style="letter-spacing: -.05pt;"> </span><span style="letter-spacing: .15pt;">t</span><span style="letter-spacing: .05pt;">h</span>e<span style="letter-spacing: -.1pt;"> </span><span style="letter-spacing: .15pt;">A</span><span style="letter-spacing: .05pt;">SE</span><span style="letter-spacing: .15pt;">A</span>N<span style="letter-spacing: -.15pt;"> </span><span style="letter-spacing: -.05pt;">r</span><span style="letter-spacing: .15pt;">e</span><span style="letter-spacing: .05pt;">g</span>i<span style="letter-spacing: .15pt;">o</span><span style="letter-spacing: .05pt;">n</span>,<span style="letter-spacing: -.05pt;"> </span>w<span style="letter-spacing: .15pt;">h</span><span style="letter-spacing: .1pt;">i</span>ch<span style="letter-spacing: -.1pt;"> </span><span style="letter-spacing: .1pt;">i</span>s<span style="letter-spacing: .05pt;"> </span>a <span style="letter-spacing: .15pt;">ne</span>w<span style="letter-spacing: -.1pt;"> </span>k<span style="letter-spacing: .15pt;">e</span>y<span style="letter-spacing: -.2pt;"> </span><span style="letter-spacing: .15pt;">ta</span><span style="letter-spacing: .1pt;">r</span><span style="letter-spacing: -.05pt;">g</span><span style="letter-spacing: .15pt;">e</span>t<span style="letter-spacing: -.15pt;"> </span><span style="letter-spacing: -.05pt;">r</span><span style="letter-spacing: .15pt;">e</span><span style="letter-spacing: .05pt;">g</span><span style="letter-spacing: .1pt;">i</span><span style="letter-spacing: .05pt;">o</span>n <span style="letter-spacing: .15pt;">f</span><span style="letter-spacing: .05pt;">o</span>r<span style="letter-spacing: -.05pt;"> </span><span style="letter-spacing: .1pt;">H</span>i<span style="letter-spacing: .15pt;">t</span><span style="letter-spacing: .05pt;">a</span><span style="letter-spacing: .1pt;">c</span><span style="letter-spacing: .05pt;">h</span><span style="letter-spacing: .1pt;">i</span>,<span style="letter-spacing: -.25pt;"> </span><span style="letter-spacing: .05pt;">an</span>d <span style="letter-spacing: .1pt;">s</span>t<span style="letter-spacing: .15pt;">a</span><span style="letter-spacing: -.05pt;">r</span>t<span style="letter-spacing: -.1pt;"> </span><span style="letter-spacing: .15pt;">u</span>p<span style="letter-spacing: -.1pt;"> </span><span style="letter-spacing: .05pt;">b</span><span style="letter-spacing: .15pt;">u</span><span style="letter-spacing: .1pt;">s</span>i<span style="letter-spacing: .05pt;">n</span><span style="letter-spacing: .15pt;">e</span><span style="letter-spacing: .1pt;">s</span>s<span style="letter-spacing: -.3pt;"> </span>in<span style="letter-spacing: .2pt;"> </span><span style="letter-spacing: .1pt;">M</span>y<span style="letter-spacing: .05pt;">an</span><span style="letter-spacing: .1pt;">m</span><span style="letter-spacing: .15pt;">a</span>r<o:p></o:p></span></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 29.45pt; margin-right: -1pt; margin-top: 0.1pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .05pt; mso-fareast-font-family: Arial;">2</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">) O<span style="letter-spacing: .15pt;">pt</span>i<span style="letter-spacing: .1pt;">m</span><span style="letter-spacing: .05pt;">u</span>m<span style="letter-spacing: -.25pt;"> </span><span style="letter-spacing: .05pt;">an</span>d <span style="letter-spacing: .05pt;">b</span><span style="letter-spacing: .15pt;">o</span><span style="letter-spacing: -.05pt;">r</span><span style="letter-spacing: .15pt;">de</span><span style="letter-spacing: .1pt;">r</span>l<span style="letter-spacing: .15pt;">e</span>ss<span style="letter-spacing: -.4pt;"> </span><span style="letter-spacing: .15pt;">u</span>se <span style="letter-spacing: .15pt;">f</span><span style="letter-spacing: .05pt;">o</span>r<span style="letter-spacing: -.05pt;"> </span><span style="letter-spacing: .05pt;">hu</span><span style="letter-spacing: .1pt;">m</span><span style="letter-spacing: .15pt;">a</span>n<span style="letter-spacing: -.15pt;"> </span><span style="letter-spacing: -.05pt;">r</span><span style="letter-spacing: .15pt;">e</span>s<span style="letter-spacing: .05pt;">o</span><span style="letter-spacing: .15pt;">u</span><span style="letter-spacing: .1pt;">r</span>c<span style="letter-spacing: .15pt;">e</span>s<span style="letter-spacing: -.4pt;"> </span>to<span style="letter-spacing: .1pt;"> i</span><span style="letter-spacing: .05pt;">n</span><span style="letter-spacing: .1pt;">c</span><span style="letter-spacing: -.05pt;">r</span><span style="letter-spacing: .15pt;">e</span><span style="letter-spacing: .05pt;">a</span><span style="letter-spacing: .1pt;">s</span>e<span style="letter-spacing: -.4pt;"> </span><span style="letter-spacing: .05pt;">e</span><span style="letter-spacing: .15pt;">ff</span><span style="letter-spacing: .1pt;">i</span>c<span style="letter-spacing: .1pt;">i</span><span style="letter-spacing: .05pt;">e</span><span style="letter-spacing: .15pt;">n</span><span style="letter-spacing: .1pt;">c</span>y<o:p></o:p></span></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 41.55pt; margin-right: -1pt; margin-top: 4.2pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">-<span style="letter-spacing: .05pt;"> </span><span style="letter-spacing: .1pt;">D</span><span style="letter-spacing: .15pt;">e</span><span style="letter-spacing: -.1pt;">v</span><span style="letter-spacing: .15pt;">e</span><span style="letter-spacing: .1pt;">l</span><span style="letter-spacing: .05pt;">o</span>p<span style="letter-spacing: -.25pt;"> </span><span style="letter-spacing: .15pt;">G</span>l<span style="letter-spacing: .05pt;">o</span><span style="letter-spacing: .15pt;">b</span><span style="letter-spacing: .05pt;">a</span>l<span style="letter-spacing: -.1pt;"> </span>H<span style="letter-spacing: .05pt;">u</span><span style="letter-spacing: .2pt;">m</span><span style="letter-spacing: .05pt;">a</span>n<span style="letter-spacing: -.2pt;"> </span>R<span style="letter-spacing: .15pt;">e</span>s<span style="letter-spacing: .05pt;">o</span><span style="letter-spacing: .15pt;">u</span><span style="letter-spacing: .1pt;">r</span>c<span style="letter-spacing: .15pt;">e</span>s<span style="letter-spacing: -.4pt;"> </span><span style="letter-spacing: .05pt;">S</span><span style="letter-spacing: .15pt;">t</span><span style="letter-spacing: -.05pt;">r</span><span style="letter-spacing: .15pt;">a</span>t<span style="letter-spacing: .15pt;">e</span><span style="letter-spacing: .05pt;">g</span><span style="letter-spacing: .1pt;">i</span><span style="letter-spacing: .05pt;">e</span>s<o:p></o:p></span></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 41.55pt; margin-right: -1pt; margin-top: 4.2pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">-<span style="letter-spacing: .05pt;"> S</span>t<span style="letter-spacing: .15pt;">a</span><span style="letter-spacing: .1pt;">r</span>t<span style="letter-spacing: -.1pt;"> </span><span style="letter-spacing: .15pt;">G</span>l<span style="letter-spacing: .05pt;">ob</span><span style="letter-spacing: .15pt;">a</span>l<span style="letter-spacing: -.1pt;"> </span><span style="letter-spacing: -.05pt;">M</span><span style="letter-spacing: .05pt;">a</span><span style="letter-spacing: .15pt;">na</span><span style="letter-spacing: -.05pt;">g</span><span style="letter-spacing: .15pt;">e</span><span style="letter-spacing: .1pt;">m</span><span style="letter-spacing: .05pt;">en</span>t<span style="letter-spacing: -.55pt;"> </span><span style="letter-spacing: .1pt;">D</span><span style="letter-spacing: .15pt;">e</span><span style="letter-spacing: -.1pt;">v</span><span style="letter-spacing: .15pt;">e</span><span style="letter-spacing: .1pt;">l</span><span style="letter-spacing: .05pt;">op</span><span style="letter-spacing: .1pt;">m</span><span style="letter-spacing: .05pt;">e</span><span style="letter-spacing: .15pt;">n</span>t<span style="letter-spacing: -.55pt;"> </span><span style="letter-spacing: .15pt;">P</span><span style="letter-spacing: .1pt;">r</span><span style="letter-spacing: .15pt;">o</span><span style="letter-spacing: .05pt;">g</span><span style="letter-spacing: -.05pt;">r</span><span style="letter-spacing: .05pt;">a</span><span style="letter-spacing: .1pt;">m</span>,<span style="letter-spacing: -.35pt;"> </span><span style="letter-spacing: .1pt;">s</span>t<span style="letter-spacing: .05pt;">a</span><span style="letter-spacing: .15pt;">ff</span>i<span style="letter-spacing: .15pt;">n</span>g<span style="letter-spacing: -.35pt;"> </span>/<span style="letter-spacing: .1pt;"> </span><span style="letter-spacing: .15pt;">t</span><span style="letter-spacing: -.05pt;">r</span><span style="letter-spacing: .15pt;">a</span>i<span style="letter-spacing: .15pt;">n</span><span style="letter-spacing: .1pt;">i</span><span style="letter-spacing: .15pt;">n</span>g<span style="letter-spacing: -.45pt;"> </span>/<o:p></o:p></span></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 47.7pt; margin-right: -1pt; margin-top: 4.2pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">j<span style="letter-spacing: .05pt;">o</span>b<span style="letter-spacing: .15pt;"> </span><span style="letter-spacing: -.05pt;">r</span><span style="letter-spacing: .15pt;">o</span>t<span style="letter-spacing: .05pt;">a</span><span style="letter-spacing: .15pt;">t</span>i<span style="letter-spacing: .15pt;">o</span>n<span style="letter-spacing: -.2pt;"> </span>in<span style="letter-spacing: .1pt;"> F</span><span style="letter-spacing: .05pt;">Y2</span><span style="letter-spacing: .15pt;">0</span><span style="letter-spacing: .05pt;">1</span>2<o:p></o:p></span></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 29.45pt; margin-right: -1pt; margin-top: 4.2pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .05pt; mso-fareast-font-family: Arial;">3</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">) <span style="letter-spacing: .05pt;">S</span><span style="letter-spacing: .15pt;">t</span><span style="letter-spacing: .1pt;">r</span><span style="letter-spacing: .05pt;">e</span><span style="letter-spacing: .15pt;">n</span><span style="letter-spacing: .05pt;">g</span>t<span style="letter-spacing: .05pt;">h</span><span style="letter-spacing: .15pt;">e</span><span style="letter-spacing: .05pt;">n</span><span style="letter-spacing: .1pt;">i</span><span style="letter-spacing: .15pt;">n</span>g<span style="letter-spacing: -.7pt;"> </span><span style="letter-spacing: .05pt;">g</span><span style="letter-spacing: .1pt;">l</span><span style="letter-spacing: .05pt;">o</span><span style="letter-spacing: .15pt;">b</span><span style="letter-spacing: .05pt;">a</span>l<span style="letter-spacing: -.05pt;"> g</span><span style="letter-spacing: .15pt;">o</span>v<span style="letter-spacing: .15pt;">e</span><span style="letter-spacing: -.05pt;">r</span><span style="letter-spacing: .15pt;">n</span><span style="letter-spacing: .05pt;">a</span><span style="letter-spacing: .15pt;">n</span>ce<o:p></o:p></span></div> <div class="MsoNormal" style="line-height: 130%; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 47.9pt; margin-right: 19.65pt; margin-top: 4.2pt; text-indent: -6.1pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; line-height: 130%; mso-fareast-font-family: Arial;">-<span style="letter-spacing: .05pt;"> </span><span style="letter-spacing: .1pt;">R</span><span style="letter-spacing: .05pt;">e</span>s<span style="letter-spacing: .15pt;">p</span><span style="letter-spacing: .05pt;">on</span><span style="letter-spacing: .15pt;">d</span>i<span style="letter-spacing: .15pt;">n</span>g<span style="letter-spacing: -.45pt;"> </span>to<span style="letter-spacing: .1pt;"> </span><span style="letter-spacing: .05pt;">g</span><span style="letter-spacing: .1pt;">l</span><span style="letter-spacing: .05pt;">ob</span><span style="letter-spacing: .15pt;">a</span><span style="letter-spacing: .1pt;">li</span>z<span style="letter-spacing: .05pt;">e</span>d<span style="letter-spacing: -.35pt;"> </span><span style="letter-spacing: .1pt;">m</span><span style="letter-spacing: .05pt;">an</span><span style="letter-spacing: .15pt;">a</span><span style="letter-spacing: .05pt;">ge</span><span style="letter-spacing: .1pt;">m</span><span style="letter-spacing: .05pt;">e</span><span style="letter-spacing: .15pt;">n</span>t<span style="letter-spacing: -.55pt;"> </span><span style="letter-spacing: .05pt;">an</span>d <span style="letter-spacing: .1pt;">s</span><span style="letter-spacing: .15pt;">t</span><span style="letter-spacing: -.05pt;">r</span><span style="letter-spacing: .05pt;">e</span><span style="letter-spacing: .15pt;">n</span><span style="letter-spacing: .05pt;">g</span>t<span style="letter-spacing: .05pt;">h</span><span style="letter-spacing: .15pt;">e</span><span style="letter-spacing: .05pt;">n</span><span style="letter-spacing: .1pt;">i</span><span style="letter-spacing: .15pt;">n</span>g<span style="letter-spacing: -.7pt;"> </span>s<span style="letter-spacing: .15pt;">u</span><span style="letter-spacing: .05pt;">p</span><span style="letter-spacing: .15pt;">e</span><span style="letter-spacing: .1pt;">r</span>v<span style="letter-spacing: .1pt;">i</span>s<span style="letter-spacing: .15pt;">o</span><span style="letter-spacing: .1pt;">r</span>y <span style="letter-spacing: .15pt;">f</span><span style="letter-spacing: .05pt;">un</span>c<span style="letter-spacing: .15pt;">t</span>i<span style="letter-spacing: .15pt;">o</span><span style="letter-spacing: .05pt;">n</span>s<o:p></o:p></span></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 29.45pt; margin-right: -1pt; margin-top: 0.1pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .05pt; mso-fareast-font-family: Arial;">4</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">) <span style="letter-spacing: .05pt;">V</span><span style="letter-spacing: .15pt;">a</span>l<span style="letter-spacing: .15pt;">u</span>e<span style="letter-spacing: -.1pt;"> </span><span style="letter-spacing: .1pt;">C</span><span style="letter-spacing: -.05pt;">r</span><span style="letter-spacing: .15pt;">e</span><span style="letter-spacing: .05pt;">a</span><span style="letter-spacing: .15pt;">t</span>i<span style="letter-spacing: .05pt;">o</span>n<span style="letter-spacing: -.25pt;"> </span><span style="letter-spacing: .05pt;">a</span><span style="letter-spacing: .15pt;">n</span>d C<span style="letter-spacing: .15pt;">S</span>R<o:p></o:p></span></div> <div class="MsoNormal" style="line-height: 130%; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 47.9pt; margin-right: 3.15pt; margin-top: 4.2pt; text-indent: -6.1pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; line-height: 130%; mso-fareast-font-family: Arial;">-<span style="letter-spacing: .05pt;"> </span><span style="letter-spacing: .15pt;">P</span><span style="letter-spacing: -.05pt;">r</span><span style="letter-spacing: .05pt;">o</span><span style="letter-spacing: .1pt;">m</span><span style="letter-spacing: .15pt;">o</span>te<span style="letter-spacing: -.25pt;"> </span>c<span style="letter-spacing: .15pt;">o</span><span style="letter-spacing: .05pt;">n</span><span style="letter-spacing: .15pt;">t</span><span style="letter-spacing: .1pt;">r</span>i<span style="letter-spacing: .05pt;">b</span><span style="letter-spacing: .15pt;">ut</span>i<span style="letter-spacing: .05pt;">o</span><span style="letter-spacing: .15pt;">n</span>s<span style="letter-spacing: -.55pt;"> </span>to<span style="letter-spacing: .1pt;"> </span>t<span style="letter-spacing: .05pt;">h</span>e<span style="letter-spacing: .05pt;"> e</span><span style="letter-spacing: .15pt;">n</span>v<span style="letter-spacing: .1pt;">ir</span><span style="letter-spacing: .05pt;">on</span><span style="letter-spacing: .2pt;">m</span><span style="letter-spacing: .05pt;">en</span>t<span style="letter-spacing: -.5pt;"> </span><span style="letter-spacing: .15pt;">a</span><span style="letter-spacing: .05pt;">n</span>d <span style="letter-spacing: -.05pt;">r</span><span style="letter-spacing: .15pt;">e</span><span style="letter-spacing: .05pt;">g</span><span style="letter-spacing: .1pt;">i</span><span style="letter-spacing: .05pt;">on</span><span style="letter-spacing: .15pt;">a</span>l<span style="letter-spacing: -.35pt;"> </span>s<span style="letter-spacing: .15pt;">o</span><span style="letter-spacing: .1pt;">c</span>i<span style="letter-spacing: .15pt;">a</span>l<span style="letter-spacing: -.2pt;"> </span><span style="letter-spacing: .1pt;">c</span><span style="letter-spacing: .05pt;">on</span><span style="letter-spacing: .15pt;">t</span><span style="letter-spacing: .1pt;">r</span>i<span style="letter-spacing: .05pt;">b</span><span style="letter-spacing: .15pt;">ut</span>i<span style="letter-spacing: .05pt;">o</span>n <span style="letter-spacing: .05pt;">a</span>c<span style="letter-spacing: .15pt;">t</span><span style="letter-spacing: .1pt;">i</span>v<span style="letter-spacing: .1pt;">i</span><span style="letter-spacing: .15pt;">t</span>i<span style="letter-spacing: .15pt;">e</span>s<o:p></o:p></span></div> <div class="MsoNormal" style="line-height: 130%; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 47.7pt; margin-right: 50.15pt; margin-top: .1pt; text-indent: -6.1pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; line-height: 130%; mso-fareast-font-family: Arial;">-<span style="letter-spacing: .05pt;"> E</span><span style="letter-spacing: .1pt;">m</span><span style="letter-spacing: .05pt;">p</span><span style="letter-spacing: .15pt;">h</span><span style="letter-spacing: .05pt;">a</span><span style="letter-spacing: .1pt;">si</span>ze<span style="letter-spacing: -.4pt;"> </span><span style="letter-spacing: .1pt;">r</span><span style="letter-spacing: .05pt;">e</span><span style="letter-spacing: .1pt;">s</span><span style="letter-spacing: .05pt;">p</span><span style="letter-spacing: .15pt;">e</span>ct<span style="letter-spacing: -.35pt;"> </span><span style="letter-spacing: .25pt;">f</span><span style="letter-spacing: .05pt;">o</span>r<span style="letter-spacing: -.05pt;"> </span><span style="letter-spacing: .05pt;">hu</span><span style="letter-spacing: .1pt;">m</span><span style="letter-spacing: .15pt;">a</span>n<span style="letter-spacing: -.15pt;"> </span><span style="letter-spacing: .1pt;">ri</span><span style="letter-spacing: .05pt;">gh</span><span style="letter-spacing: .15pt;">t</span>s<span style="letter-spacing: -.3pt;"> </span><span style="letter-spacing: .15pt;">a</span><span style="letter-spacing: .05pt;">n</span>d <span style="letter-spacing: .15pt;">p</span><span style="letter-spacing: .1pt;">r</span><span style="letter-spacing: .05pt;">o</span><span style="letter-spacing: .1pt;">m</span><span style="letter-spacing: .05pt;">o</span>te<span style="letter-spacing: -.25pt;"> </span><span style="letter-spacing: .15pt;">d</span>i<span style="letter-spacing: .15pt;">a</span>l<span style="letter-spacing: .15pt;">o</span><span style="letter-spacing: .05pt;">gu</span><span style="letter-spacing: .15pt;">e</span>s<span style="letter-spacing: -.35pt;"> </span>w<span style="letter-spacing: .1pt;">i</span><span style="letter-spacing: .15pt;">t</span>h st<span style="letter-spacing: .15pt;">a</span>k<span style="letter-spacing: .15pt;">e</span><span style="letter-spacing: .05pt;">h</span><span style="letter-spacing: .15pt;">o</span>l<span style="letter-spacing: .05pt;">d</span><span style="letter-spacing: .15pt;">e</span><span style="letter-spacing: .1pt;">r</span>s<o:p></o:p></span></div> </div> <span lang="EN-US" style="font-family: "Calibri","sans-serif"; font-size: 11.0pt; line-height: 115%; mso-ansi-language: EN-US; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: "Times New Roman"; mso-bidi-language: AR-SA; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: 宋体; mso-fareast-language: EN-US; mso-fareast-theme-font: minor-fareast; mso-hansi-theme-font: minor-latin;"><br clear="all" style="mso-break-type: section-break; page-break-before: always;" /> </span> <div class="WordSection4"> <div class="MsoNormal" style="line-height: 5.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 0cm; margin-right: 0cm; margin-top: .4pt; mso-line-height-rule: exactly;"> <br /></div> <div class="MsoNormal" style="line-height: 10.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; mso-line-height-rule: exactly;"> <br /></div> <div class="MsoNormal" style="line-height: 10.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; mso-line-height-rule: exactly;"> <br /></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 5.1pt; margin-right: -1pt; margin-top: 1.45pt;"> <b><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; mso-fareast-font-family: Arial;">5</span></b><b><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">.<span style="letter-spacing: .8pt;"> </span><span style="letter-spacing: .1pt;">A</span>s<span style="letter-spacing: .65pt;"> </span>a<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .4pt;">Gl</span><span style="letter-spacing: .35pt;">ob</span><span style="letter-spacing: .4pt;">a</span>l<span style="letter-spacing: .4pt;"> </span><span style="letter-spacing: .35pt;">M</span><span style="letter-spacing: .55pt;">a</span><span style="letter-spacing: .25pt;">j</span><span style="letter-spacing: .35pt;">o</span>r<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .4pt;">Pl</span><span style="letter-spacing: .55pt;">a</span><span style="letter-spacing: .05pt;">y</span><span style="letter-spacing: .4pt;">e</span>r</span></b><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;"><o:p></o:p></span></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 17.8pt; margin-right: -1pt; margin-top: 4.05pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .3pt; mso-fareast-font-family: Arial;">(</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; mso-fareast-font-family: Arial;">1</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">)<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .5pt;">E</span><span style="letter-spacing: .25pt;">x</span><span style="letter-spacing: .4pt;">e</span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .4pt;">ut</span>e<span style="letter-spacing: .35pt;"> </span><span style="letter-spacing: .3pt;">gr</span><span style="letter-spacing: .55pt;">o</span><span style="letter-spacing: .2pt;">w</span><span style="letter-spacing: .4pt;">t</span>h<span style="letter-spacing: .45pt;"> </span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .5pt;">t</span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .4pt;">ate</span><span style="letter-spacing: .3pt;">g</span><span style="letter-spacing: .35pt;">i</span><span style="letter-spacing: .4pt;">e</span><span style="letter-spacing: .35pt;">s</span>:<span style="letter-spacing: .2pt;"> </span><span style="letter-spacing: .35pt;">F</span><span style="letter-spacing: .4pt;">o</span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .4pt;">u</span>s<span style="letter-spacing: .4pt;"> o</span>n<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">k</span><span style="letter-spacing: .4pt;">e</span>y<span style="letter-spacing: .4pt;"> bu</span><span style="letter-spacing: .35pt;">si</span><span style="letter-spacing: .4pt;">ne</span><span style="letter-spacing: .35pt;">ss</span><span style="letter-spacing: .4pt;">e</span>s<span style="letter-spacing: .15pt;"> </span><span style="letter-spacing: .4pt;">an</span>d<span style="letter-spacing: .6pt;"> </span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .4pt;">eg</span><span style="letter-spacing: .35pt;">i</span><span style="letter-spacing: .4pt;">on</span>s<o:p></o:p></span></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 17.8pt; margin-right: -1pt; margin-top: 4.2pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .3pt; mso-fareast-font-family: Arial;">(</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; mso-fareast-font-family: Arial;">2</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">)<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .35pt;">C</span><span style="letter-spacing: .4pt;">o</span><span style="letter-spacing: .35pt;">s</span>t<span style="letter-spacing: .5pt;"> </span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .4pt;">t</span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .4pt;">u</span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .4pt;">t</span><span style="letter-spacing: .55pt;">u</span><span style="letter-spacing: .3pt;">r</span>e<span style="letter-spacing: .35pt;"> </span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .4pt;">efo</span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">s</span>:<span style="letter-spacing: .3pt;"> </span><span style="letter-spacing: .4pt;">E</span><span style="letter-spacing: .25pt;">x</span><span style="letter-spacing: .4pt;">e</span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .4pt;">ut</span>e<span style="letter-spacing: .35pt;"> </span><span style="letter-spacing: .4pt;">th</span>e<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">Hi</span><span style="letter-spacing: .4pt;">ta</span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .4pt;">h</span>i<span style="letter-spacing: .35pt;"> </span><span style="letter-spacing: .4pt;">S</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .4pt;">a</span><span style="letter-spacing: .3pt;">r</span>t<span style="letter-spacing: .45pt;"> T</span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .4pt;">an</span><span style="letter-spacing: .25pt;">s</span><span style="letter-spacing: .5pt;">f</span><span style="letter-spacing: .4pt;">o</span><span style="letter-spacing: .2pt;">r</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .4pt;">at</span><span style="letter-spacing: .35pt;">i</span><span style="letter-spacing: .4pt;">o</span>n <span style="letter-spacing: .4pt;">P</span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .4pt;">o</span><span style="letter-spacing: .35pt;">j</span><span style="letter-spacing: .4pt;">e</span><span style="letter-spacing: .35pt;">c</span>t<o:p></o:p></span></div> <div class="MsoNormal" style="line-height: 130%; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 202.85pt; margin-right: 82.65pt; margin-top: 4.2pt; text-indent: -185.05pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .3pt; line-height: 130%; mso-fareast-font-family: Arial;">(</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; line-height: 130%; mso-fareast-font-family: Arial;">3</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; line-height: 130%; mso-fareast-font-family: Arial;">)<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .4pt;">Bu</span><span style="letter-spacing: .35pt;">si</span><span style="letter-spacing: .4pt;">ne</span><span style="letter-spacing: .35pt;">s</span>s<span style="letter-spacing: .25pt;"> </span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .4pt;">ode</span>l<span style="letter-spacing: .35pt;"> i</span><span style="letter-spacing: .4pt;">nno</span><span style="letter-spacing: .25pt;">v</span><span style="letter-spacing: .4pt;">at</span><span style="letter-spacing: .35pt;">i</span><span style="letter-spacing: .4pt;">on</span><span style="letter-spacing: .35pt;">s</span>:<span style="letter-spacing: .1pt;"> </span><span style="letter-spacing: .4pt;">O</span><span style="letter-spacing: .3pt;">rg</span><span style="letter-spacing: .4pt;">an</span><span style="letter-spacing: .45pt;">i</span><span style="letter-spacing: .25pt;">z</span>e<span style="letter-spacing: .4pt;"> </span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .4pt;">t</span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .4pt;">u</span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .4pt;">tu</span><span style="letter-spacing: .3pt;">r</span>e<span style="letter-spacing: .35pt;"> </span><span style="letter-spacing: .4pt;">t</span>o<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .4pt;">o</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .4pt;">pet</span>e <span style="letter-spacing: .35pt;">i</span>n<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">th</span>e<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .3pt;">g</span><span style="letter-spacing: .35pt;">l</span><span style="letter-spacing: .4pt;">oba</span>l<span style="letter-spacing: .4pt;"> a</span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .4pt;">en</span>a<o:p></o:p></span></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 17.8pt; margin-right: -1pt; margin-top: 0.1pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .3pt; mso-fareast-font-family: Arial;">(</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; mso-fareast-font-family: Arial;">4</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">)<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .35pt;">H</span><span style="letter-spacing: .4pt;">u</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .4pt;">a</span>n<span style="letter-spacing: .4pt;"> </span><span style="letter-spacing: .35pt;">R</span><span style="letter-spacing: .4pt;">e</span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .4pt;">ou</span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .4pt;">e</span>s<span style="letter-spacing: .2pt;"> </span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .4pt;">t</span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .4pt;">ate</span><span style="letter-spacing: .3pt;">g</span><span style="letter-spacing: .35pt;">i</span><span style="letter-spacing: .4pt;">e</span><span style="letter-spacing: .35pt;">s</span>:<span style="letter-spacing: .35pt;"> </span>O<span style="letter-spacing: .05pt;">p</span><span style="letter-spacing: .15pt;">t</span>i<span style="letter-spacing: .2pt;">m</span><span style="letter-spacing: .05pt;">u</span>m<span style="letter-spacing: -.4pt;"> </span><span style="letter-spacing: .05pt;">a</span><span style="letter-spacing: .15pt;">n</span>d <span style="letter-spacing: .05pt;">g</span>l<span style="letter-spacing: .15pt;">o</span><span style="letter-spacing: .05pt;">b</span><span style="letter-spacing: .15pt;">a</span>l<span style="letter-spacing: -.2pt;"> </span><span style="letter-spacing: .05pt;">u</span>se <span style="letter-spacing: .15pt;">fo</span>r<span style="letter-spacing: -.05pt;"> </span><span style="letter-spacing: .05pt;">hu</span><span style="letter-spacing: .1pt;">m</span><span style="letter-spacing: .05pt;">a</span>n<span style="letter-spacing: -.15pt;"> </span><span style="letter-spacing: .1pt;">r</span><span style="letter-spacing: .05pt;">e</span><span style="letter-spacing: .1pt;">s</span><span style="letter-spacing: .05pt;">o</span><span style="letter-spacing: .15pt;">u</span><span style="letter-spacing: .1pt;">r</span>c<span style="letter-spacing: .15pt;">e</span>s<o:p></o:p></span></div> <div class="MsoNormal" style="line-height: 130%; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 202.6pt; margin-right: 44.35pt; margin-top: 4.2pt; text-indent: -184.8pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .3pt; line-height: 130%; mso-fareast-font-family: Arial;">(</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; line-height: 130%; mso-fareast-font-family: Arial;">5</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; line-height: 130%; mso-fareast-font-family: Arial;">)<span style="letter-spacing: .55pt;"> </span>A<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .4pt;">o</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .4pt;">pan</span>y<span style="letter-spacing: .1pt;"> </span><span style="letter-spacing: .4pt;">tha</span>t<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .3pt;">gr</span><span style="letter-spacing: .55pt;">o</span><span style="letter-spacing: .35pt;">w</span>s<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .2pt;">w</span><span style="letter-spacing: .35pt;">i</span><span style="letter-spacing: .4pt;">t</span>h<span style="letter-spacing: .6pt;"> </span><span style="letter-spacing: .4pt;">th</span>e<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .4pt;">eg</span><span style="letter-spacing: .35pt;">i</span><span style="letter-spacing: .4pt;">on</span>:<span style="letter-spacing: .4pt;"> </span><span style="letter-spacing: .35pt;">M</span><span style="letter-spacing: .4pt;">a</span><span style="letter-spacing: .35pt;">k</span>e<span style="letter-spacing: .5pt;"> </span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .4pt;">o</span><span style="letter-spacing: .35pt;">ci</span><span style="letter-spacing: .4pt;">a</span>l<span style="letter-spacing: .4pt;"> </span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .4pt;">ont</span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .45pt;">i</span><span style="letter-spacing: .4pt;">but</span><span style="letter-spacing: .35pt;">i</span><span style="letter-spacing: .4pt;">on</span>s <span style="letter-spacing: .4pt;">an</span>d<span style="letter-spacing: .6pt;"> </span><span style="letter-spacing: .4pt;">d</span><span style="letter-spacing: .3pt;">e</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .4pt;">on</span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .4pt;">t</span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .4pt;">at</span>e<span style="letter-spacing: .15pt;"> </span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .4pt;">e</span><span style="letter-spacing: .25pt;">s</span><span style="letter-spacing: .4pt;">pe</span><span style="letter-spacing: .35pt;">c</span>t<span style="letter-spacing: .35pt;"> </span><span style="letter-spacing: .4pt;">fo</span>r<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .4pt;">d</span><span style="letter-spacing: .35pt;">i</span><span style="letter-spacing: .25pt;">v</span><span style="letter-spacing: .4pt;">e</span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .5pt;">s</span><span style="letter-spacing: .35pt;">i</span><span style="letter-spacing: .5pt;">t</span>y<o:p></o:p></span></div> </div> <span lang="EN-US" style="font-family: "Calibri","sans-serif"; font-size: 11.0pt; line-height: 115%; mso-ansi-language: EN-US; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: "Times New Roman"; mso-bidi-language: AR-SA; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: 宋体; mso-fareast-language: EN-US; mso-fareast-theme-font: minor-fareast; mso-hansi-theme-font: minor-latin;"><br clear="all" style="mso-break-type: section-break; page-break-before: always;" /> </span> <div class="WordSection5"> <div class="MsoNormal" style="line-height: 6.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 0cm; margin-right: 0cm; margin-top: .05pt; mso-line-height-rule: exactly;"> <br /></div> <div class="MsoNormal" style="line-height: 10.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; mso-line-height-rule: exactly;"> <br /></div> <div class="MsoNormal" style="line-height: 10.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; mso-line-height-rule: exactly;"> <br /></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 5.1pt; margin-right: 340.65pt; margin-top: 1.7pt; text-align: justify;"> <b><u><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.5pt; letter-spacing: .4pt; mso-fareast-font-family: Arial;">C</span></u></b><b><u><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.5pt; letter-spacing: .35pt; mso-fareast-font-family: Arial;">a</span></u></b><b><u><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.5pt; letter-spacing: .4pt; mso-fareast-font-family: Arial;">u</span></u></b><b><u><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.5pt; letter-spacing: .35pt; mso-fareast-font-family: Arial;">t</span></u></b><b><u><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.5pt; letter-spacing: .3pt; mso-fareast-font-family: Arial;">i</span></u></b><b><u><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.5pt; letter-spacing: .4pt; mso-fareast-font-family: Arial;">on</span></u></b><b><u><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.5pt; letter-spacing: .35pt; mso-fareast-font-family: Arial;">ar</span></u></b><b><u><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.5pt; mso-fareast-font-family: Arial;">y<span style="letter-spacing: .45pt;"> </span><span style="letter-spacing: .4pt;">S</span><span style="letter-spacing: .35pt;">tateme</span><span style="letter-spacing: .4pt;">n</span>t</span></u></b><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.5pt; mso-fareast-font-family: Arial;"><o:p></o:p></span></div> <div class="MsoNormal" style="line-height: 90%; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 5.1pt; margin-right: 2.8pt; margin-top: 2.6pt; text-align: justify; text-justify: inter-ideograph;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.5pt; letter-spacing: .4pt; line-height: 90%; mso-fareast-font-family: Arial;">C</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.5pt; letter-spacing: .35pt; line-height: 90%; mso-fareast-font-family: Arial;">er</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.5pt; letter-spacing: .3pt; line-height: 90%; mso-fareast-font-family: Arial;">t</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.5pt; letter-spacing: .35pt; line-height: 90%; mso-fareast-font-family: Arial;">a</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.5pt; letter-spacing: .4pt; line-height: 90%; mso-fareast-font-family: Arial;">i</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.5pt; line-height: 90%; mso-fareast-font-family: Arial;">n<span style="letter-spacing: .1pt;"> </span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">en</span><span style="letter-spacing: .3pt;">t</span>s<span style="letter-spacing: .05pt;"> </span><span style="letter-spacing: .4pt;">f</span><span style="letter-spacing: .35pt;">oun</span>d<span style="letter-spacing: .1pt;"> </span><span style="letter-spacing: .4pt;">i</span>n<span style="letter-spacing: .2pt;"> </span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">h</span><span style="letter-spacing: .4pt;">i</span>s<span style="letter-spacing: .05pt;"> </span><span style="letter-spacing: .35pt;">docu</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">en</span>t <span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">a</span>y<span style="letter-spacing: .05pt;"> </span><span style="letter-spacing: .35pt;">cons</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">u</span><span style="letter-spacing: .3pt;">t</span>e<span style="letter-spacing: .1pt;"> </span><span style="letter-spacing: .35pt;">“</span><span style="letter-spacing: .4pt;">f</span><span style="letter-spacing: .35pt;">or</span><span style="letter-spacing: .3pt;">w</span><span style="letter-spacing: .35pt;">ar</span><span style="letter-spacing: .5pt;">d</span><span style="letter-spacing: .35pt;">-</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .35pt;">ook</span><span style="letter-spacing: .3pt;">i</span><span style="letter-spacing: .35pt;">n</span>g<span style="letter-spacing: .1pt;"> </span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">en</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">s</span>”<span style="letter-spacing: .05pt;"> </span><span style="letter-spacing: .35pt;">a</span>s <span style="letter-spacing: .35pt;">de</span><span style="letter-spacing: .4pt;">fi</span><span style="letter-spacing: .25pt;">n</span><span style="letter-spacing: .35pt;">e</span>d<span style="letter-spacing: .05pt;"> </span><span style="letter-spacing: .4pt;">i</span>n<span style="letter-spacing: .05pt;"> </span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">h</span>e<span style="letter-spacing: .05pt;"> </span><span style="letter-spacing: .4pt;">U</span><span style="letter-spacing: .3pt;">.</span><span style="letter-spacing: .4pt;">S</span>. <span style="letter-spacing: .4pt;">P</span><span style="letter-spacing: .35pt;">r</span><span style="letter-spacing: .55pt;">i</span><span style="letter-spacing: .35pt;">va</span><span style="letter-spacing: .3pt;">t</span>e<span style="letter-spacing: .05pt;"> </span><span style="letter-spacing: .4pt;">S</span><span style="letter-spacing: .35pt;">ecur</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">e</span>s<span style="letter-spacing: .05pt;"> </span><span style="letter-spacing: .35pt;">L</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">ga</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">o</span>n<span style="letter-spacing: .05pt;"> </span><span style="letter-spacing: .4pt;">R</span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .3pt;">f</span><span style="letter-spacing: .35pt;">or</span>m<span style="letter-spacing: .15pt;"> </span><span style="letter-spacing: .4pt;">A</span><span style="letter-spacing: .35pt;">c</span>t <span style="letter-spacing: .35pt;">o</span>f<span style="letter-spacing: .1pt;"> </span><span style="letter-spacing: .35pt;">1995</span>. <span style="letter-spacing: .4pt;">S</span><span style="letter-spacing: .35pt;">uc</span>h<span style="letter-spacing: .05pt;"> </span><span style="letter-spacing: .35pt;">“</span><span style="letter-spacing: .4pt;">f</span><span style="letter-spacing: .35pt;">or</span><span style="letter-spacing: .3pt;">w</span><span style="letter-spacing: .35pt;">ard-</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .35pt;">oo</span><span style="letter-spacing: .5pt;">k</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .25pt;">n</span>g <span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">en</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">s</span>”<span style="letter-spacing: 1.35pt;"> </span><span style="letter-spacing: .35pt;">re</span><span style="letter-spacing: .4pt;">fl</span><span style="letter-spacing: .35pt;">ec</span>t<span style="letter-spacing: 1.35pt;"> </span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .25pt;">n</span><span style="letter-spacing: .35pt;">agemen</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .45pt;">’</span>s<span style="letter-spacing: 1.4pt;"> </span><span style="letter-spacing: .35pt;">curren</span>t<span style="letter-spacing: 1.45pt;"> </span><span style="letter-spacing: .25pt;">v</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .4pt;">w</span>s<span style="letter-spacing: 1.4pt;"> </span><span style="letter-spacing: .3pt;">w</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">t</span>h<span style="letter-spacing: 1.5pt;"> </span><span style="letter-spacing: .35pt;">respec</span>t<span style="letter-spacing: 1.45pt;"> </span><span style="letter-spacing: .3pt;">t</span>o<span style="letter-spacing: 1.4pt;"> </span><span style="letter-spacing: .35pt;">ce</span><span style="letter-spacing: .45pt;">r</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .4pt;">i</span>n<span style="letter-spacing: 1.4pt;"> </span><span style="letter-spacing: .4pt;">f</span><span style="letter-spacing: .35pt;">u</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ur</span>e<span style="letter-spacing: 1.4pt;"> </span><span style="letter-spacing: .5pt;">e</span><span style="letter-spacing: .25pt;">v</span><span style="letter-spacing: .35pt;">en</span><span style="letter-spacing: .3pt;">t</span>s<span style="letter-spacing: 1.4pt;"> </span><span style="letter-spacing: .35pt;">an</span>d <span style="letter-spacing: .4pt;">fi</span><span style="letter-spacing: .35pt;">na</span><span style="letter-spacing: .25pt;">n</span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .25pt;">a</span>l <span style="letter-spacing: .15pt;"> </span><span style="letter-spacing: .35pt;">per</span><span style="letter-spacing: .4pt;">f</span><span style="letter-spacing: .35pt;">o</span><span style="letter-spacing: .2pt;">r</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">an</span><span style="letter-spacing: .25pt;">c</span>e  <span style="letter-spacing: .35pt;">an</span>d <span style="letter-spacing: .1pt;"> </span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">n</span><span style="letter-spacing: .25pt;">c</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .35pt;">ud</span>e <span style="letter-spacing: .1pt;"> </span><span style="letter-spacing: .35pt;">an</span>y  <span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">en</span>t <span style="letter-spacing: .05pt;"> </span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ha</span>t <span style="letter-spacing: .05pt;"> </span><span style="letter-spacing: .35pt;">doe</span>s <span style="letter-spacing: .1pt;"> </span><span style="letter-spacing: .35pt;">no</span>t <span style="letter-spacing: .05pt;"> </span><span style="letter-spacing: .35pt;">d</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .2pt;">r</span><span style="letter-spacing: .35pt;">ec</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">l</span>y  <span style="letter-spacing: .35pt;">re</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .3pt;">t</span>e <span style="letter-spacing: .1pt;"> </span><span style="letter-spacing: .3pt;">t</span>o <span style="letter-spacing: .1pt;"> </span><span style="letter-spacing: .35pt;">an</span>y <span style="letter-spacing: .35pt;">h</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">or</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">ca</span>l<span style="letter-spacing: .2pt;"> </span><span style="letter-spacing: .35pt;">o</span>r<span style="letter-spacing: .15pt;"> </span><span style="letter-spacing: .35pt;">curren</span>t<span style="letter-spacing: .1pt;"> </span><span style="letter-spacing: .4pt;">f</span><span style="letter-spacing: .25pt;">a</span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .3pt;">t</span>. <span style="letter-spacing: .7pt;">W</span><span style="letter-spacing: .35pt;">ord</span>s<span style="letter-spacing: .15pt;"> </span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .25pt;">u</span><span style="letter-spacing: .35pt;">c</span>h<span style="letter-spacing: .15pt;"> </span><span style="letter-spacing: .35pt;">a</span>s<span style="letter-spacing: .15pt;"> </span><span style="letter-spacing: .35pt;">“an</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">pa</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .3pt;">,</span>”<span style="letter-spacing: .15pt;"> </span><span style="letter-spacing: .35pt;">“be</span><span style="letter-spacing: .4pt;">li</span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .25pt;">v</span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .3pt;">,</span>”<span style="letter-spacing: .15pt;"> </span><span style="letter-spacing: .35pt;">“</span><span style="letter-spacing: .5pt;">e</span><span style="letter-spacing: .35pt;">xpec</span><span style="letter-spacing: .3pt;">t,</span>”<span style="letter-spacing: .15pt;"> </span><span style="letter-spacing: .35pt;">“es</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .3pt;">,</span>” <span style="letter-spacing: .35pt;">“</span><span style="letter-spacing: .4pt;">f</span><span style="letter-spacing: .35pt;">orecas</span><span style="letter-spacing: .3pt;">t,</span>”<span style="letter-spacing: 1.7pt;"> </span><span style="letter-spacing: .35pt;">“</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">n</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">end</span><span style="letter-spacing: .3pt;">,</span>”<span style="letter-spacing: 1.8pt;"> </span><span style="letter-spacing: .35pt;">“p</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .35pt;">an</span><span style="letter-spacing: .3pt;">,</span>”<span style="letter-spacing: 1.7pt;"> </span><span style="letter-spacing: .35pt;">“pro</span><span style="letter-spacing: .4pt;">j</span><span style="letter-spacing: .35pt;">ec</span><span style="letter-spacing: .3pt;">t</span>”<span style="letter-spacing: 1.8pt;"> </span><span style="letter-spacing: .35pt;">an</span>d<span style="letter-spacing: 1.75pt;"> </span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">l</span><span style="letter-spacing: .35pt;">a</span>r<span style="letter-spacing: 1.7pt;"> </span><span style="letter-spacing: .35pt;">express</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">on</span>s<span style="letter-spacing: 1.75pt;"> </span><span style="letter-spacing: .3pt;">w</span><span style="letter-spacing: .35pt;">h</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">c</span>h<span style="letter-spacing: 1.75pt;"> </span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">n</span><span style="letter-spacing: .25pt;">d</span><span style="letter-spacing: .3pt;">i</span><span style="letter-spacing: .35pt;">ca</span><span style="letter-spacing: .3pt;">t</span>e<span style="letter-spacing: 1.75pt;"> </span><span style="letter-spacing: .4pt;">f</span><span style="letter-spacing: .35pt;">u</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ur</span>e<span style="letter-spacing: 1.75pt;"> </span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .25pt;">v</span><span style="letter-spacing: .35pt;">en</span><span style="letter-spacing: .3pt;">t</span>s <span style="letter-spacing: .35pt;">an</span>d<span style="letter-spacing: .1pt;"> </span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">rend</span>s<span style="letter-spacing: .1pt;"> </span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">a</span>y <span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">den</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">f</span>y <span style="letter-spacing: .35pt;">“</span><span style="letter-spacing: .4pt;">f</span><span style="letter-spacing: .35pt;">or</span><span style="letter-spacing: .3pt;">w</span><span style="letter-spacing: .35pt;">ar</span><span style="letter-spacing: .5pt;">d</span><span style="letter-spacing: .35pt;">-</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .35pt;">ook</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">n</span>g<span style="letter-spacing: .1pt;"> </span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">en</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .3pt;">.</span>”<span style="letter-spacing: .1pt;"> </span><span style="letter-spacing: .4pt;">S</span><span style="letter-spacing: .35pt;">uc</span>h<span style="letter-spacing: .1pt;"> </span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .25pt;">e</span><span style="letter-spacing: .35pt;">n</span><span style="letter-spacing: .3pt;">t</span>s<span style="letter-spacing: .1pt;"> </span><span style="letter-spacing: .35pt;">ar</span>e<span style="letter-spacing: .1pt;"> </span><span style="letter-spacing: .35pt;">base</span>d<span style="letter-spacing: .1pt;"> </span><span style="letter-spacing: .35pt;">o</span>n <span style="letter-spacing: .35pt;">curren</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">l</span>y <span style="letter-spacing: .5pt;">a</span><span style="letter-spacing: .25pt;">v</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .4pt;">il</span><span style="letter-spacing: .35pt;">ab</span><span style="letter-spacing: .4pt;">l</span>e<span style="letter-spacing: .15pt;"> </span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .25pt;">n</span><span style="letter-spacing: .4pt;">f</span><span style="letter-spacing: .35pt;">or</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">o</span>n<span style="letter-spacing: .15pt;"> </span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .25pt;">n</span>d<span style="letter-spacing: .15pt;"> </span><span style="letter-spacing: .35pt;">ar</span>e<span style="letter-spacing: .15pt;"> </span><span style="letter-spacing: .35pt;">sub</span><span style="letter-spacing: .4pt;">j</span><span style="letter-spacing: .35pt;">ec</span>t<span style="letter-spacing: .1pt;"> </span><span style="letter-spacing: .3pt;">t</span>o<span style="letter-spacing: .15pt;"> </span><span style="letter-spacing: .25pt;">v</span><span style="letter-spacing: .35pt;">ar</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">ou</span>s<span style="letter-spacing: .15pt;"> </span><span style="letter-spacing: .35pt;">r</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .5pt;">k</span>s<span style="letter-spacing: .15pt;"> </span><span style="letter-spacing: .35pt;">an</span>d<span style="letter-spacing: .15pt;"> </span><span style="letter-spacing: .35pt;">unc</span><span style="letter-spacing: .25pt;">e</span><span style="letter-spacing: .35pt;">r</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">n</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">e</span>s<span style="letter-spacing: .15pt;"> </span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ha</span>t<span style="letter-spacing: .1pt;"> </span><span style="letter-spacing: .35pt;">cou</span><span style="letter-spacing: .4pt;">l</span>d <span style="letter-spacing: .35pt;">caus</span>e  <span style="letter-spacing: .1pt;"> </span><span style="letter-spacing: .35pt;">ac</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ua</span>l  <span style="letter-spacing: .15pt;"> </span><span style="letter-spacing: .35pt;">resu</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .3pt;">t</span>s  <span style="letter-spacing: .1pt;"> </span><span style="letter-spacing: .3pt;">t</span>o  <span style="letter-spacing: .1pt;"> </span><span style="letter-spacing: .35pt;">d</span><span style="letter-spacing: .4pt;">iff</span><span style="letter-spacing: .35pt;">e</span>r  <span style="letter-spacing: .05pt;"> </span><span style="letter-spacing: .35pt;">ma</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">er</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .4pt;">ll</span>y   <span style="letter-spacing: .4pt;">f</span><span style="letter-spacing: .35pt;">ro</span>m  <span style="letter-spacing: .2pt;"> </span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">hos</span>e  <span style="letter-spacing: .1pt;"> </span><span style="letter-spacing: .35pt;">pro</span><span style="letter-spacing: .4pt;">j</span><span style="letter-spacing: .35pt;">ec</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">e</span>d   <span style="letter-spacing: .35pt;">o</span>r  <span style="letter-spacing: .05pt;"> </span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">p</span><span style="letter-spacing: .3pt;">l</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">e</span>d  <span style="letter-spacing: .1pt;"> </span><span style="letter-spacing: .4pt;">i</span>n  <span style="letter-spacing: .1pt;"> </span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">h</span>e <span style="letter-spacing: .35pt;">“</span><span style="letter-spacing: .4pt;">f</span><span style="letter-spacing: .35pt;">or</span><span style="letter-spacing: .3pt;">w</span><span style="letter-spacing: .35pt;">ard-</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .35pt;">ook</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">n</span>g <span style="letter-spacing: .05pt;"> </span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">en</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">s</span>”  <span style="letter-spacing: .35pt;">an</span>d <span style="letter-spacing: .05pt;"> </span><span style="letter-spacing: .4pt;">f</span><span style="letter-spacing: .35pt;">r</span><span style="letter-spacing: .25pt;">o</span>m <span style="letter-spacing: .15pt;"> </span><span style="letter-spacing: .35pt;">h</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .25pt;">s</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">or</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">ca</span>l <span style="letter-spacing: .1pt;"> </span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">rends</span>.  <span style="letter-spacing: .4pt;">C</span><span style="letter-spacing: .35pt;">er</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .4pt;">i</span>n <span style="letter-spacing: .05pt;"> </span><span style="letter-spacing: .35pt;">“</span><span style="letter-spacing: .4pt;">f</span><span style="letter-spacing: .35pt;">or</span><span style="letter-spacing: .3pt;">w</span><span style="letter-spacing: .35pt;">ard-</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .35pt;">ook</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">n</span>g <span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">en</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">s</span>”<span style="letter-spacing: 1.1pt;"> </span><span style="letter-spacing: .35pt;">ar</span>e<span style="letter-spacing: 1.15pt;"> </span><span style="letter-spacing: .35pt;">base</span>d<span style="letter-spacing: 1.3pt;"> </span><span style="letter-spacing: .35pt;">upo</span>n<span style="letter-spacing: 1.15pt;"> </span><span style="letter-spacing: .35pt;">curren</span>t<span style="letter-spacing: 1.1pt;"> </span><span style="letter-spacing: .35pt;">assu</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">p</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .25pt;">o</span><span style="letter-spacing: .35pt;">n</span>s<span style="letter-spacing: 1.15pt;"> </span><span style="letter-spacing: .35pt;">o</span>f<span style="letter-spacing: 1.2pt;"> </span><span style="letter-spacing: .4pt;">f</span><span style="letter-spacing: .35pt;">u</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ur</span>e<span style="letter-spacing: 1.15pt;"> </span><span style="letter-spacing: .5pt;">e</span><span style="letter-spacing: .25pt;">v</span><span style="letter-spacing: .35pt;">en</span><span style="letter-spacing: .3pt;">t</span>s<span style="letter-spacing: 1.3pt;"> </span><span style="letter-spacing: .3pt;">w</span><span style="letter-spacing: .35pt;">h</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">c</span>h<span style="letter-spacing: 1.15pt;"> </span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">a</span>y<span style="letter-spacing: 1.05pt;"> </span><span style="letter-spacing: .35pt;">no</span>t<span style="letter-spacing: 1.2pt;"> </span><span style="letter-spacing: .35pt;">pr</span><span style="letter-spacing: .5pt;">o</span><span style="letter-spacing: .25pt;">v</span>e<span style="letter-spacing: 1.3pt;"> </span><span style="letter-spacing: .3pt;">t</span>o <span style="letter-spacing: .35pt;">b</span>e<span style="letter-spacing: .1pt;"> </span><span style="letter-spacing: .35pt;">accura</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">e</span>.<span style="letter-spacing: .15pt;"> </span><span style="letter-spacing: .4pt;">U</span><span style="letter-spacing: .35pt;">ndu</span>e<span style="letter-spacing: .1pt;"> </span><span style="letter-spacing: .35pt;">re</span><span style="letter-spacing: .4pt;">li</span><span style="letter-spacing: .25pt;">a</span><span style="letter-spacing: .35pt;">nc</span>e<span style="letter-spacing: .1pt;"> </span><span style="letter-spacing: .35pt;">shou</span><span style="letter-spacing: .4pt;">l</span>d<span style="letter-spacing: .1pt;"> </span><span style="letter-spacing: .35pt;">no</span>t <span style="letter-spacing: .35pt;">b</span>e<span style="letter-spacing: .1pt;"> </span><span style="letter-spacing: .35pt;">p</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .35pt;">ace</span>d<span style="letter-spacing: .1pt;"> </span><span style="letter-spacing: .35pt;">o</span>n<span style="letter-spacing: .1pt;"> </span><span style="letter-spacing: .35pt;">“</span><span style="letter-spacing: .4pt;">f</span><span style="letter-spacing: .35pt;">or</span><span style="letter-spacing: .3pt;">w</span><span style="letter-spacing: .35pt;">ard-</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .35pt;">oo</span><span style="letter-spacing: .5pt;">k</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">n</span>g<span style="letter-spacing: .1pt;"> </span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">en</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .3pt;">,</span>”<span style="letter-spacing: .05pt;"> </span><span style="letter-spacing: .35pt;">a</span>s<span style="letter-spacing: .05pt;"> </span><span style="letter-spacing: .35pt;">suc</span>h <span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">en</span><span style="letter-spacing: .3pt;">t</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">spe</span><span style="letter-spacing: .25pt;">a</span>k<span style="letter-spacing: .8pt;"> </span><span style="letter-spacing: .35pt;">on</span><span style="letter-spacing: .4pt;">l</span>y<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .35pt;">a</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">o</span>f<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">h</span>e<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">da</span><span style="letter-spacing: .3pt;">t</span>e<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">o</span>f<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">h</span><span style="letter-spacing: .4pt;">i</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">do</span><span style="letter-spacing: .5pt;">c</span><span style="letter-spacing: .35pt;">u</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">en</span><span style="letter-spacing: .3pt;">t</span>.<o:p></o:p></span></div> <div class="MsoNormal" style="line-height: 11.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 0cm; margin-right: 0cm; margin-top: .15pt; mso-line-height-rule: exactly;"> <br /></div> <div class="MsoNormal" style="line-height: 11.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 5.1pt; margin-right: 2.9pt; margin-top: 0cm; mso-line-height-rule: exactly;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.5pt; letter-spacing: .4pt; mso-fareast-font-family: Arial;">F</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.5pt; letter-spacing: .35pt; mso-fareast-font-family: Arial;">ac</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.5pt; letter-spacing: .3pt; mso-fareast-font-family: Arial;">t</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.5pt; letter-spacing: .35pt; mso-fareast-font-family: Arial;">or</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.5pt; mso-fareast-font-family: Arial;">s<span style="letter-spacing: .3pt;"> t</span><span style="letter-spacing: .35pt;">ha</span>t<span style="letter-spacing: .25pt;"> </span><span style="letter-spacing: .35pt;">cou</span><span style="letter-spacing: .4pt;">l</span>d<span style="letter-spacing: .35pt;"> caus</span>e<span style="letter-spacing: .2pt;"> </span><span style="letter-spacing: .35pt;">ac</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ua</span>l<span style="letter-spacing: .4pt;"> </span><span style="letter-spacing: .35pt;">resu</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .3pt;">t</span>s<span style="letter-spacing: .3pt;"> t</span>o<span style="letter-spacing: .35pt;"> d</span><span style="letter-spacing: .4pt;">if</span><span style="letter-spacing: .3pt;">f</span><span style="letter-spacing: .35pt;">e</span>r<span style="letter-spacing: .3pt;"> </span><span style="letter-spacing: .35pt;">ma</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">er</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .4pt;">ll</span>y<span style="letter-spacing: .2pt;"> </span><span style="letter-spacing: .4pt;">f</span><span style="letter-spacing: .35pt;">ro</span>m<span style="letter-spacing: .4pt;"> </span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">hos</span>e<span style="letter-spacing: .35pt;"> pr</span><span style="letter-spacing: .25pt;">o</span><span style="letter-spacing: .3pt;">j</span><span style="letter-spacing: .35pt;">ec</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">e</span>d<span style="letter-spacing: .35pt;"> o</span>r<span style="letter-spacing: .3pt;"> </span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .25pt;">p</span><span style="letter-spacing: .4pt;">li</span><span style="letter-spacing: .35pt;">e</span>d<span style="letter-spacing: .2pt;"> </span><span style="letter-spacing: .4pt;">i</span>n <span style="letter-spacing: .35pt;">an</span>y<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .35pt;">“</span><span style="letter-spacing: .4pt;">f</span><span style="letter-spacing: .35pt;">or</span><span style="letter-spacing: .3pt;">w</span><span style="letter-spacing: .35pt;">ar</span><span style="letter-spacing: .5pt;">d</span><span style="letter-spacing: .35pt;">-</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .35pt;">ook</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">n</span>g<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">en</span><span style="letter-spacing: .3pt;">t</span>”<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">an</span>d<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">f</span><span style="letter-spacing: .35pt;">ro</span>m<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .35pt;">h</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">or</span><span style="letter-spacing: .3pt;">i</span><span style="letter-spacing: .35pt;">ca</span>l<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">rend</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">nc</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .35pt;">ude</span>,<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">bu</span>t<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">ar</span>e<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">no</span>t<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .4pt;">li</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">e</span>d<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">o</span>:<o:p></o:p></span></div> <div class="MsoNormal" style="line-height: 11.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 0cm; margin-right: 0cm; margin-top: .85pt; mso-line-height-rule: exactly;"> <br /></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 23.2pt; margin-right: 8.3pt; margin-top: 0cm; text-indent: -18.1pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.5pt; mso-fareast-font-family: Arial;">•     <span style="letter-spacing: .35pt;">econ</span><span style="letter-spacing: .25pt;">o</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .4pt;">i</span>c<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">con</span><span style="letter-spacing: .25pt;">d</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">ons</span>,<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .25pt;">n</span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .35pt;">ud</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .25pt;">n</span>g<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">cons</span><span style="letter-spacing: .25pt;">u</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">e</span>r<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">spen</span><span style="letter-spacing: .25pt;">d</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">n</span>g<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">an</span>d<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">p</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .35pt;">an</span>t<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">an</span>d<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">equ</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .25pt;">p</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">en</span>t <span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">n</span><span style="letter-spacing: .25pt;">v</span><span style="letter-spacing: .35pt;">es</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">en</span>t<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .4pt;">i</span>n<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">Hi</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ach</span><span style="letter-spacing: .3pt;">i</span><span style="letter-spacing: .45pt;">’</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .25pt;">a</span><span style="letter-spacing: .4pt;">j</span><span style="letter-spacing: .35pt;">o</span>r<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .2pt;">r</span><span style="letter-spacing: .5pt;">k</span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">s</span>,<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">par</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">cu</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .25pt;">a</span><span style="letter-spacing: .35pt;">r</span><span style="letter-spacing: .4pt;">l</span>y<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .35pt;">Japan</span>,<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .4pt;">A</span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">a</span>,<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">h</span>e<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">U</span><span style="letter-spacing: .35pt;">n</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">e</span>d<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">S</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">e</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">an</span>d <span style="letter-spacing: .4pt;">E</span><span style="letter-spacing: .35pt;">urope</span>,<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">a</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .3pt;">w</span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .4pt;">l</span>l<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .35pt;">a</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .25pt;">v</span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .4pt;">l</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">o</span>f<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .35pt;">de</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .25pt;">a</span><span style="letter-spacing: .35pt;">n</span>d<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">i</span>n<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">h</span>e<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .4pt;">j</span><span style="letter-spacing: .25pt;">o</span>r<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">ndus</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">r</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">a</span>l<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .35pt;">sec</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">or</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">Hi</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ach</span>i<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .35pt;">ser</span><span style="letter-spacing: .25pt;">v</span><span style="letter-spacing: .35pt;">es</span>, <span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">nc</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .35pt;">u</span><span style="letter-spacing: .25pt;">d</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">ng</span>,<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .3pt;">w</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">hou</span>t<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .4pt;">li</span><span style="letter-spacing: .35pt;">m</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">on</span>,<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">h</span>e<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">n</span><span style="letter-spacing: .4pt;">f</span><span style="letter-spacing: .35pt;">or</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .25pt;">o</span><span style="letter-spacing: .35pt;">n</span>,<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .35pt;">ec</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ron</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">cs</span>,<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">au</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">o</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">o</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .25pt;">v</span><span style="letter-spacing: .35pt;">e</span>,<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .5pt;">o</span><span style="letter-spacing: .35pt;">ns</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ruc</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">o</span>n<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">an</span>d <span style="letter-spacing: .4pt;">fi</span><span style="letter-spacing: .35pt;">na</span><span style="letter-spacing: .25pt;">n</span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .25pt;">a</span>l<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .35pt;">sec</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ors</span>;<o:p></o:p></span></div> <div class="MsoNormal" style="line-height: 99%; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 23.2pt; margin-right: 2.9pt; margin-top: 4.0pt; tab-stops: 23.0pt; text-indent: -18.1pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.5pt; line-height: 99%; mso-fareast-font-family: Arial;">•     <span style="letter-spacing: .35pt;">exchang</span>e<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">ra</span><span style="letter-spacing: .3pt;">t</span>e<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">fl</span><span style="letter-spacing: .35pt;">uc</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ua</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .25pt;">o</span><span style="letter-spacing: .35pt;">n</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">o</span>f<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">h</span>e<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .25pt;">y</span><span style="letter-spacing: .35pt;">e</span>n<span style="letter-spacing: .8pt;"> </span><span style="letter-spacing: .35pt;">aga</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">ns</span>t<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">o</span><span style="letter-spacing: .4pt;">t</span><span style="letter-spacing: .35pt;">he</span>r<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">currenc</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">e</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">i</span>n<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .3pt;">w</span><span style="letter-spacing: .35pt;">h</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">c</span>h<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">Hi</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ach</span>i<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .25pt;">a</span><span style="letter-spacing: .5pt;">k</span><span style="letter-spacing: .35pt;">e</span>s <span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">gn</span><span style="letter-spacing: .3pt;">i</span><span style="letter-spacing: .4pt;">fi</span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .25pt;">a</span><span style="letter-spacing: .35pt;">n</span>t<span style="letter-spacing: .25pt;"> </span><span style="letter-spacing: .35pt;">sa</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .35pt;">e</span>s<span style="letter-spacing: .3pt;"> </span><span style="letter-spacing: .35pt;">o</span>r<span style="letter-spacing: .3pt;"> </span><span style="letter-spacing: .4pt;">i</span>n<span style="letter-spacing: .35pt;"> </span><span style="letter-spacing: .3pt;">w</span><span style="letter-spacing: .5pt;">h</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">c</span>h<span style="letter-spacing: .35pt;"> </span><span style="letter-spacing: .4pt;">Hi</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ac</span><span style="letter-spacing: .25pt;">h</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .45pt;">’</span>s<span style="letter-spacing: .3pt;"> </span><span style="letter-spacing: .35pt;">asse</span><span style="letter-spacing: .3pt;">t</span>s<span style="letter-spacing: .3pt;"> </span><span style="letter-spacing: .35pt;">an</span>d<span style="letter-spacing: .3pt;"> </span><span style="letter-spacing: .4pt;">li</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .25pt;">b</span><span style="letter-spacing: .4pt;">ili</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .25pt;">e</span>s<span style="letter-spacing: .3pt;"> </span><span style="letter-spacing: .35pt;">ar</span>e<span style="letter-spacing: .35pt;"> denom</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">na</span><span style="letter-spacing: .2pt;">t</span><span style="letter-spacing: .35pt;">ed</span>,<span style="letter-spacing: .25pt;"> </span><span style="letter-spacing: .35pt;">par</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">cu</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .35pt;">ar</span><span style="letter-spacing: .4pt;">l</span>y <span style="letter-spacing: .35pt;">aga</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">ns</span>t<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">h</span>e<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">U</span><span style="letter-spacing: .3pt;">.</span><span style="letter-spacing: .4pt;">S</span>.<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">do</span><span style="letter-spacing: .4pt;">ll</span><span style="letter-spacing: .35pt;">a</span>r<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">an</span>d<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">h</span>e<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">euro</span>;<o:p></o:p></span></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 23.2pt; margin-right: 14.2pt; margin-top: 4pt; text-indent: -18.1pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.5pt; mso-fareast-font-family: Arial;">•     <span style="letter-spacing: .35pt;">uncer</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">n</span><span style="letter-spacing: .3pt;">t</span>y<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .35pt;">a</span>s<span style="letter-spacing: .8pt;"> </span><span style="letter-spacing: .3pt;">t</span>o<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">Hi</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ach</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .45pt;">’</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">ab</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">l</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">t</span>y<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .3pt;">t</span>o<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">access</span>,<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">o</span>r<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .5pt;">a</span><span style="letter-spacing: .35pt;">cces</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">o</span>n<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">f</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .25pt;">v</span><span style="letter-spacing: .35pt;">orab</span><span style="letter-spacing: .4pt;">l</span>e<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">er</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">s</span>,<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .4pt;">li</span><span style="letter-spacing: .35pt;">qu</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">d</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">t</span>y<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .35pt;">o</span>r <span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .35pt;">ong-</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">er</span>m<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .4pt;">f</span><span style="letter-spacing: .3pt;">i</span><span style="letter-spacing: .35pt;">nanc</span><span style="letter-spacing: .3pt;">i</span><span style="letter-spacing: .35pt;">ng</span>;<o:p></o:p></span></div> <div class="MsoNormal" style="line-height: 12.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 23.2pt; margin-right: 2.75pt; margin-top: 4.2pt; mso-line-height-rule: exactly; tab-stops: 23.0pt; text-indent: -18.1pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.5pt; mso-fareast-font-family: Arial;">•     <span style="letter-spacing: .35pt;">uncer</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">n</span><span style="letter-spacing: .3pt;">t</span>y<span style="letter-spacing: .2pt;"> </span><span style="letter-spacing: .35pt;">a</span>s<span style="letter-spacing: .3pt;"> t</span>o<span style="letter-spacing: .35pt;"> genera</span>l<span style="letter-spacing: .25pt;"> </span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">arke</span>t<span style="letter-spacing: .15pt;"> </span><span style="letter-spacing: .35pt;">pr</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">c</span>e<span style="letter-spacing: .2pt;"> </span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .5pt;">e</span><span style="letter-spacing: .25pt;">v</span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .4pt;">l</span>s<span style="letter-spacing: .2pt;"> </span><span style="letter-spacing: .4pt;">f</span><span style="letter-spacing: .35pt;">o</span>r<span style="letter-spacing: .4pt;"> </span><span style="letter-spacing: .35pt;">equ</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">t</span>y<span style="letter-spacing: .1pt;"> </span><span style="letter-spacing: .35pt;">secur</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">es</span>,<span style="letter-spacing: .25pt;"> </span><span style="letter-spacing: .35pt;">dec</span><span style="letter-spacing: .4pt;">li</span><span style="letter-spacing: .35pt;">ne</span>s<span style="letter-spacing: .2pt;"> </span><span style="letter-spacing: .4pt;">i</span>n<span style="letter-spacing: .2pt;"> </span><span style="letter-spacing: .3pt;">w</span><span style="letter-spacing: .35pt;">h</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">c</span>h<span style="letter-spacing: .35pt;"> </span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">a</span>y <span style="letter-spacing: .35pt;">requ</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">r</span>e<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">Hi</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ach</span>i<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .3pt;">t</span>o<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .3pt;">w</span><span style="letter-spacing: .35pt;">r</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">t</span>e<span style="letter-spacing: .8pt;"> </span><span style="letter-spacing: .35pt;">do</span><span style="letter-spacing: .3pt;">w</span>n<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">equ</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">t</span>y<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .35pt;">secur</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">e</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">t</span><span style="letter-spacing: .35pt;">ha</span>t<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .4pt;">i</span>t<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">ho</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .35pt;">ds</span>;<o:p></o:p></span></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 5.1pt; margin-right: 9.35pt; margin-top: 3.8pt; text-align: justify;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.5pt; mso-fareast-font-family: Arial;">•   <span style="letter-spacing: 2.75pt;"> </span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">h</span>e<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">po</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">en</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">a</span>l<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .4pt;">f</span><span style="letter-spacing: .35pt;">o</span>r<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">gn</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">f</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .25pt;">c</span><span style="letter-spacing: .35pt;">an</span>t<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .35pt;">osse</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">o</span>n<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">Hi</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ach</span><span style="letter-spacing: .3pt;">i</span><span style="letter-spacing: .45pt;">’</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .3pt;">i</span><span style="letter-spacing: .35pt;">n</span><span style="letter-spacing: .25pt;">v</span><span style="letter-spacing: .35pt;">es</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">en</span><span style="letter-spacing: .3pt;">t</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">i</span>n<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">equ</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">t</span>y<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ho</span>d<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .4pt;">ff</span><span style="letter-spacing: .3pt;">i</span><span style="letter-spacing: .4pt;">li</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">es</span>;<o:p></o:p></span></div> <div class="MsoNormal" style="line-height: 99%; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 23.2pt; margin-right: 2.9pt; margin-top: 4.0pt; tab-stops: 23.0pt; text-align: justify; text-indent: -18.1pt; text-justify: inter-ideograph;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.5pt; line-height: 99%; mso-fareast-font-family: Arial;">•     <span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">ncrease</span>d<span style="letter-spacing: .35pt;"> c</span><span style="letter-spacing: .25pt;">o</span><span style="letter-spacing: .35pt;">m</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">o</span><span style="letter-spacing: .25pt;">d</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .25pt;">z</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">o</span>n<span style="letter-spacing: .35pt;"> o</span>f<span style="letter-spacing: .4pt;"> i</span><span style="letter-spacing: .35pt;">n</span><span style="letter-spacing: .4pt;">f</span><span style="letter-spacing: .35pt;">o</span><span style="letter-spacing: .2pt;">r</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">o</span>n<span style="letter-spacing: .35pt;"> </span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">echn</span><span style="letter-spacing: .25pt;">o</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .35pt;">og</span>y<span style="letter-spacing: .2pt;"> </span><span style="letter-spacing: .35pt;">produc</span><span style="letter-spacing: .3pt;">t</span>s<span style="letter-spacing: .3pt;"> </span><span style="letter-spacing: .35pt;">an</span>d<span style="letter-spacing: .35pt;"> d</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">g</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">a</span>l<span style="letter-spacing: .4pt;"> </span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">ed</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .4pt;">-</span><span style="letter-spacing: .35pt;">re</span><span style="letter-spacing: .3pt;">l</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">e</span>d <span style="letter-spacing: .35pt;">produc</span><span style="letter-spacing: .3pt;">t</span>s<span style="letter-spacing: .15pt;"> </span><span style="letter-spacing: .35pt;">an</span>d<span style="letter-spacing: .15pt;"> </span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">n</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ens</span><span style="letter-spacing: .4pt;">if</span><span style="letter-spacing: .25pt;">y</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .25pt;">n</span>g<span style="letter-spacing: .15pt;"> </span><span style="letter-spacing: .35pt;">pr</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">c</span>e<span style="letter-spacing: .15pt;"> </span><span style="letter-spacing: .35pt;">co</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">pe</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .25pt;">o</span>n<span style="letter-spacing: .15pt;"> </span><span style="letter-spacing: .4pt;">f</span><span style="letter-spacing: .35pt;">o</span>r<span style="letter-spacing: .1pt;"> </span><span style="letter-spacing: .35pt;">suc</span>h<span style="letter-spacing: .15pt;"> </span><span style="letter-spacing: .35pt;">produc</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">s</span>,<span style="letter-spacing: .1pt;"> </span><span style="letter-spacing: .35pt;">par</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">cu</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .35pt;">ar</span><span style="letter-spacing: .4pt;">l</span>y <span style="letter-spacing: .4pt;">i</span>n<span style="letter-spacing: .25pt;"> </span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">h</span>e<span style="letter-spacing: .15pt;"> </span><span style="letter-spacing: .4pt;">Di</span><span style="letter-spacing: .35pt;">g</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">a</span>l <span style="letter-spacing: .35pt;">Med</span><span style="letter-spacing: .4pt;">i</span>a<span style="letter-spacing: .7pt;"> </span>&<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">C</span><span style="letter-spacing: .35pt;">on</span><span style="letter-spacing: .25pt;">su</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">e</span>r<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .4pt;">P</span><span style="letter-spacing: .35pt;">roduc</span><span style="letter-spacing: .3pt;">t</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">seg</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">en</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">s</span>;<o:p></o:p></span></div> <div class="MsoNormal" style="line-height: 99%; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 23.2pt; margin-right: 32.9pt; margin-top: 4.0pt; tab-stops: 23.0pt; text-align: justify; text-indent: -18.1pt; text-justify: inter-ideograph;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.5pt; line-height: 99%; mso-fareast-font-family: Arial;">•     <span style="letter-spacing: .35pt;">uncer</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">n</span><span style="letter-spacing: .3pt;">t</span>y<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .35pt;">a</span>s<span style="letter-spacing: .8pt;"> </span><span style="letter-spacing: .3pt;">t</span>o<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">Hi</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ach</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .45pt;">’</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">ab</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">l</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">t</span>y<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .3pt;">t</span>o<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">con</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">nu</span>e<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .3pt;">t</span>o<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .5pt;">d</span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .25pt;">v</span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .35pt;">o</span>p<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">an</span>d<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .2pt;">r</span><span style="letter-spacing: .5pt;">k</span><span style="letter-spacing: .35pt;">e</span>t<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">produc</span><span style="letter-spacing: .3pt;">t</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ha</span>t <span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">ncorpora</span><span style="letter-spacing: .3pt;">t</span>e<span style="letter-spacing: .15pt;"> </span><span style="letter-spacing: .35pt;">ne</span>w<span style="letter-spacing: .05pt;"> </span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">echno</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .35pt;">og</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">e</span>s<span style="letter-spacing: .15pt;"> </span><span style="letter-spacing: .35pt;">o</span>n<span style="letter-spacing: .15pt;"> </span>a<span style="letter-spacing: .15pt;"> </span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .25pt;">e</span><span style="letter-spacing: .4pt;">l</span>y <span style="letter-spacing: .35pt;">an</span>d<span style="letter-spacing: .15pt;"> </span><span style="letter-spacing: .35pt;">cos</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">-e</span><span style="letter-spacing: .4pt;">ff</span><span style="letter-spacing: .35pt;">ec</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .25pt;">v</span>e<span style="letter-spacing: .15pt;"> </span><span style="letter-spacing: .35pt;">bas</span><span style="letter-spacing: .4pt;">i</span>s<span style="letter-spacing: .15pt;"> </span><span style="letter-spacing: .35pt;">an</span>d<span style="letter-spacing: .15pt;"> </span><span style="letter-spacing: .3pt;">t</span>o<span style="letter-spacing: .15pt;"> </span><span style="letter-spacing: .35pt;">ach</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .25pt;">v</span>e <span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .2pt;">r</span><span style="letter-spacing: .5pt;">k</span><span style="letter-spacing: .35pt;">e</span>t<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">accep</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">anc</span>e<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">f</span><span style="letter-spacing: .35pt;">o</span>r<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .25pt;">s</span><span style="letter-spacing: .35pt;">uc</span>h<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">produc</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">s</span>;<o:p></o:p></span></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 5.1pt; margin-right: 285.65pt; margin-top: 4pt; text-align: justify;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.5pt; mso-fareast-font-family: Arial;">•   <span style="letter-spacing: 2.75pt;"> </span><span style="letter-spacing: .35pt;">rap</span><span style="letter-spacing: .4pt;">i</span>d<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">echno</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .35pt;">o</span><span style="letter-spacing: .25pt;">g</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">ca</span>l<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .25pt;">n</span><span style="letter-spacing: .35pt;">n</span><span style="letter-spacing: .25pt;">ov</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">on</span>;<o:p></o:p></span></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 23.2pt; margin-right: 18.65pt; margin-top: 4pt; text-indent: -18.1pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.5pt; mso-fareast-font-family: Arial;">•     <span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">h</span>e<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">poss</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">b</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">l</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">t</span>y<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .35pt;">o</span>f<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .35pt;">cos</span>t<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .4pt;">fl</span><span style="letter-spacing: .35pt;">uc</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ua</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">on</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">dur</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">n</span>g<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">h</span>e<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">lif</span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .2pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">m</span>e<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">o</span><span style="letter-spacing: .4pt;">f</span>,<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">o</span>r<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">cance</span><span style="letter-spacing: .4pt;">ll</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">o</span>n<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .25pt;">o</span><span style="letter-spacing: .4pt;">f</span>,<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .35pt;">ong-</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">er</span>m <span style="letter-spacing: .35pt;">con</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">rac</span><span style="letter-spacing: .3pt;">t</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">f</span><span style="letter-spacing: .35pt;">o</span>r<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .3pt;">w</span><span style="letter-spacing: .35pt;">h</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">c</span>h<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">Hi</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ach</span>i<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .35pt;">use</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">h</span>e<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">percen</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">age-o</span><span style="letter-spacing: .4pt;">f</span><span style="letter-spacing: .35pt;">-co</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .25pt;">p</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">o</span>n<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ho</span>d<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .3pt;">t</span>o<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">recogn</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .25pt;">z</span>e <span style="letter-spacing: .35pt;">re</span><span style="letter-spacing: .25pt;">v</span><span style="letter-spacing: .35pt;">enu</span>e<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">f</span><span style="letter-spacing: .35pt;">ro</span>m<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .35pt;">sa</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .35pt;">es</span>;<o:p></o:p></span></div> <div class="MsoNormal" style="line-height: 99%; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 23.2pt; margin-right: 20.1pt; margin-top: 3.95pt; tab-stops: 23.0pt; text-indent: -18.1pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.5pt; line-height: 99%; mso-fareast-font-family: Arial;">•     <span style="letter-spacing: .4pt;">fl</span><span style="letter-spacing: .35pt;">uc</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ua</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">on</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .3pt;">i</span>n<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">h</span>e<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">pr</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">c</span>e<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">o</span>f<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .35pt;">ra</span>w<span style="letter-spacing: .6pt;"> </span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">er</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .4pt;">l</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">nc</span><span style="letter-spacing: .3pt;">l</span><span style="letter-spacing: .35pt;">ud</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .25pt;">n</span><span style="letter-spacing: .35pt;">g</span>,<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .3pt;">w</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">hou</span>t<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .4pt;">li</span><span style="letter-spacing: .35pt;">m</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">on</span>,<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">pe</span><span style="letter-spacing: .4pt;">t</span><span style="letter-spacing: .35pt;">ro</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .25pt;">u</span>m<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .35pt;">an</span>d <span style="letter-spacing: .35pt;">o</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">he</span>r<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">er</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .35pt;">s</span>,<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">suc</span>h<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">a</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">copper</span>,<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ee</span><span style="letter-spacing: .4pt;">l</span>,<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .35pt;">u</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">n</span><span style="letter-spacing: .25pt;">u</span><span style="letter-spacing: .45pt;">m</span>,<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .25pt;">y</span><span style="letter-spacing: .35pt;">n</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">he</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span>c<span style="letter-spacing: .8pt;"> </span><span style="letter-spacing: .35pt;">res</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">ns</span>,<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">rar</span>e<span style="letter-spacing: .8pt;"> </span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .4pt;">l</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">an</span>d <span style="letter-spacing: .35pt;">rare-ear</span><span style="letter-spacing: .3pt;">t</span>h<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">nera</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .35pt;">s</span>,<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">o</span>r<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .5pt;">s</span><span style="letter-spacing: .35pt;">hor</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">age</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">o</span>f<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">er</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .3pt;">l</span><span style="letter-spacing: .35pt;">s</span>,<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">par</span><span style="letter-spacing: .3pt;">t</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">an</span>d<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">co</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">ponen</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">s</span>;<o:p></o:p></span></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 5.1pt; margin-right: 171.25pt; margin-top: 4pt; text-align: justify;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.5pt; mso-fareast-font-family: Arial;">•   <span style="letter-spacing: 2.75pt;"> </span><span style="letter-spacing: .4pt;">fl</span><span style="letter-spacing: .35pt;">uc</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ua</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">on</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .3pt;">i</span>n<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">produc</span>t<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">de</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .25pt;">n</span>d<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">an</span>d<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">ndus</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">r</span>y<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .35pt;">capac</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .25pt;">y</span>;<o:p></o:p></span></div> <div class="MsoNormal" style="line-height: 99%; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 23.2pt; margin-right: 7.5pt; margin-top: 4.0pt; tab-stops: 23.0pt; text-indent: -18.1pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.5pt; line-height: 99%; mso-fareast-font-family: Arial;">•     <span style="letter-spacing: .35pt;">uncer</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">n</span><span style="letter-spacing: .3pt;">t</span>y<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .35pt;">a</span>s<span style="letter-spacing: .8pt;"> </span><span style="letter-spacing: .3pt;">t</span>o<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">Hi</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ach</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .45pt;">’</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">ab</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">l</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">t</span>y<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .3pt;">t</span>o<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">p</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .25pt;">e</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">en</span>t<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">measure</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .3pt;">t</span>o<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">reduc</span>e<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">h</span>e<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .5pt;">p</span><span style="letter-spacing: .35pt;">o</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">en</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">a</span>l <span style="letter-spacing: .35pt;">nega</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .25pt;">v</span>e<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">pac</span>t<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">o</span>f<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .4pt;">f</span><span style="letter-spacing: .3pt;">l</span><span style="letter-spacing: .35pt;">uc</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ua</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">on</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">i</span>n<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">produc</span>t<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">de</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .25pt;">n</span><span style="letter-spacing: .35pt;">d</span>,<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">exchang</span>e<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">ra</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">e</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">and</span><span style="letter-spacing: .3pt;">/</span><span style="letter-spacing: .5pt;">o</span>r<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">pr</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">c</span>e<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">o</span>f<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .35pt;">ra</span>w <span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">er</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .25pt;">a</span><span style="letter-spacing: .4pt;">l</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">o</span>r<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">shor</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">age</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">o</span>f<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">er</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .25pt;">a</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .35pt;">s</span>,<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">par</span><span style="letter-spacing: .3pt;">t</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">an</span>d<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .5pt;">o</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">po</span><span style="letter-spacing: .25pt;">n</span><span style="letter-spacing: .35pt;">en</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">s</span>;<o:p></o:p></span></div> <div class="MsoNormal" style="line-height: 12.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 23.2pt; margin-right: 16.15pt; margin-top: 4.25pt; mso-line-height-rule: exactly; tab-stops: 23.0pt; text-indent: -18.1pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.5pt; mso-fareast-font-family: Arial;">•     <span style="letter-spacing: .35pt;">uncer</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">n</span><span style="letter-spacing: .3pt;">t</span>y<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .35pt;">a</span>s<span style="letter-spacing: .8pt;"> </span><span style="letter-spacing: .3pt;">t</span>o<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">Hi</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ach</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .45pt;">’</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">ab</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">l</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">t</span>y<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .3pt;">t</span>o<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">ach</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .25pt;">v</span>e<span style="letter-spacing: .8pt;"> </span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">h</span>e<span style="letter-spacing: .8pt;"> </span><span style="letter-spacing: .35pt;">an</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">pa</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">e</span>d<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">ben</span><span style="letter-spacing: .25pt;">e</span><span style="letter-spacing: .4pt;">fi</span><span style="letter-spacing: .3pt;">t</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">o</span>f<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">t</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ra</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .5pt;">g</span>y<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .3pt;">t</span>o <span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">reng</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">he</span>n<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">t</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">S</span><span style="letter-spacing: .35pt;">oc</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">a</span>l<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .3pt;">I</span><span style="letter-spacing: .35pt;">nno</span><span style="letter-spacing: .25pt;">v</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">o</span>n<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">B</span><span style="letter-spacing: .35pt;">us</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">ness</span>;<o:p></o:p></span></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 23.2pt; margin-right: 2.95pt; margin-top: 3.8pt; text-indent: -18.1pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.5pt; mso-fareast-font-family: Arial;">•     <span style="letter-spacing: .35pt;">uncer</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">n</span><span style="letter-spacing: .3pt;">t</span>y<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .35pt;">a</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .3pt;">t</span>o<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">h</span>e<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .5pt;">u</span><span style="letter-spacing: .35pt;">cces</span>s<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .35pt;">o</span>f<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">res</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ruc</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .5pt;">u</span><span style="letter-spacing: .35pt;">r</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">n</span>g<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .4pt;">ff</span><span style="letter-spacing: .35pt;">or</span><span style="letter-spacing: .3pt;">t</span>s<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .3pt;">t</span>o<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">pro</span><span style="letter-spacing: .25pt;">v</span>e<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">anag</span><span style="letter-spacing: .25pt;">e</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">en</span>t<span style="letter-spacing: .5pt;"> </span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .4pt;">f</span><span style="letter-spacing: .3pt;">f</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .25pt;">n</span><span style="letter-spacing: .35pt;">c</span>y <span style="letter-spacing: .35pt;">b</span>y<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .35pt;">d</span><span style="letter-spacing: .55pt;">i</span><span style="letter-spacing: .25pt;">v</span><span style="letter-spacing: .35pt;">es</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">n</span>g<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">o</span>r<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">o</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">he</span><span style="letter-spacing: .45pt;">r</span><span style="letter-spacing: .3pt;">w</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">s</span>e<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">ex</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">n</span>g<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">underper</span><span style="letter-spacing: .4pt;">f</span><span style="letter-spacing: .35pt;">o</span><span style="letter-spacing: .2pt;">r</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .3pt;">i</span><span style="letter-spacing: .25pt;">n</span>g<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">bus</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">nesse</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">an</span>d<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .3pt;">t</span>o<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .45pt;">r</span><span style="letter-spacing: .35pt;">eng</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">he</span>n <span style="letter-spacing: .35pt;">co</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .25pt;">p</span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .25pt;">v</span><span style="letter-spacing: .35pt;">enes</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">an</span>d<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">o</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">he</span>r<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">cos</span>t<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">reduc</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">o</span>n<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">eas</span><span style="letter-spacing: .25pt;">u</span><span style="letter-spacing: .35pt;">res</span>;<o:p></o:p></span></div> </div> <span lang="EN-US" style="font-family: "Calibri","sans-serif"; font-size: 11.0pt; line-height: 115%; mso-ansi-language: EN-US; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: "Times New Roman"; mso-bidi-language: AR-SA; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: 宋体; mso-fareast-language: EN-US; mso-fareast-theme-font: minor-fareast; mso-hansi-theme-font: minor-latin;"><br clear="all" style="mso-break-type: section-break; page-break-before: always;" /> </span> <div class="WordSection6"> <div class="MsoNormal" style="line-height: 10.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; mso-line-height-rule: exactly;"> <br /></div> <div class="MsoNormal" style="line-height: 12.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 0cm; margin-right: 0cm; margin-top: .7pt; mso-line-height-rule: exactly;"> <br /></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 23.2pt; margin-right: 3pt; margin-top: 1.7pt; text-indent: -18.1pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.5pt; mso-fareast-font-family: Arial;">•     <span style="letter-spacing: .35pt;">genera</span>l<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .35pt;">soc</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .25pt;">o</span><span style="letter-spacing: .35pt;">econ</span><span style="letter-spacing: .25pt;">o</span><span style="letter-spacing: .35pt;">m</span><span style="letter-spacing: .4pt;">i</span>c<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">an</span>d<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">po</span><span style="letter-spacing: .4pt;">li</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .25pt;">a</span>l<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .35pt;">cond</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .25pt;">o</span><span style="letter-spacing: .35pt;">n</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">an</span>d<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">h</span>e<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">regu</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">or</span>y<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">an</span>d<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">t</span><span style="letter-spacing: .35pt;">rad</span>e <span style="letter-spacing: .35pt;">en</span><span style="letter-spacing: .25pt;">v</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">ron</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">en</span>t<span style="letter-spacing: .25pt;"> </span><span style="letter-spacing: .35pt;">o</span>f<span style="letter-spacing: .4pt;"> </span><span style="letter-spacing: .35pt;">coun</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">r</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">e</span>s<span style="letter-spacing: .3pt;"> w</span><span style="letter-spacing: .35pt;">her</span>e<span style="letter-spacing: .45pt;"> </span><span style="letter-spacing: .4pt;">Hi</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ach</span>i<span style="letter-spacing: .4pt;"> </span><span style="letter-spacing: .35pt;">conduc</span><span style="letter-spacing: .3pt;">t</span>s<span style="letter-spacing: .3pt;"> </span><span style="letter-spacing: .35pt;">bus</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">ness</span>,<span style="letter-spacing: .35pt;"> par</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">cu</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .35pt;">ar</span><span style="letter-spacing: .4pt;">l</span>y<span style="letter-spacing: .3pt;"> </span><span style="letter-spacing: .35pt;">Japan</span>,<span style="letter-spacing: .25pt;"> </span><span style="letter-spacing: .4pt;">A</span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">a</span>,<span style="letter-spacing: .25pt;"> </span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">h</span>e <span style="letter-spacing: .4pt;">U</span><span style="letter-spacing: .35pt;">n</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">e</span>d<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">S</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">e</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">an</span>d<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">E</span><span style="letter-spacing: .35pt;">ur</span><span style="letter-spacing: .25pt;">o</span><span style="letter-spacing: .35pt;">pe</span>,<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">nc</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .35pt;">ud</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .25pt;">n</span><span style="letter-spacing: .35pt;">g</span>,<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .3pt;">w</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">hou</span>t<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .4pt;">li</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">on</span>,<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">d</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">rec</span>t<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">o</span>r<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">nd</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">rec</span>t<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">res</span><span style="letter-spacing: .4pt;">t</span><span style="letter-spacing: .35pt;">r</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">on</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">b</span>y <span style="letter-spacing: .35pt;">o</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">he</span>r<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">na</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">on</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">o</span>n<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">por</span><span style="letter-spacing: .3pt;">t</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">an</span>d<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">d</span><span style="letter-spacing: .4pt;">iff</span><span style="letter-spacing: .35pt;">ere</span><span style="letter-spacing: .25pt;">n</span><span style="letter-spacing: .35pt;">ce</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">i</span>n<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .25pt;">o</span><span style="letter-spacing: .35pt;">m</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">erc</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .25pt;">a</span>l<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .35pt;">an</span>d<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">bus</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .25pt;">n</span><span style="letter-spacing: .35pt;">es</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .25pt;">u</span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">o</span><span style="letter-spacing: .45pt;">m</span>s <span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">nc</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .35pt;">u</span><span style="letter-spacing: .25pt;">d</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">ng</span>,<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .3pt;">w</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">hou</span>t<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .4pt;">li</span><span style="letter-spacing: .35pt;">m</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">on</span>,<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">con</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">rac</span>t<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">er</span><span style="letter-spacing: .45pt;">m</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">an</span>d<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">cond</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">on</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">an</span>d<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .3pt;">l</span><span style="letter-spacing: .35pt;">abo</span>r<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">re</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">ons</span>;<o:p></o:p></span></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 23.2pt; margin-right: 8.4pt; margin-top: 3.85pt; text-indent: -18.1pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.5pt; mso-fareast-font-family: Arial;">•     <span style="letter-spacing: .35pt;">uncer</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">n</span><span style="letter-spacing: .3pt;">t</span>y<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .35pt;">a</span>s<span style="letter-spacing: .8pt;"> </span><span style="letter-spacing: .3pt;">t</span>o<span style="letter-spacing: .8pt;"> </span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">h</span>e<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .5pt;">u</span><span style="letter-spacing: .35pt;">cces</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">o</span>f<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .3pt;">l</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">ance</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">up</span><span style="letter-spacing: .25pt;">o</span>n<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .3pt;">w</span><span style="letter-spacing: .35pt;">h</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">c</span>h<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">Hi</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ach</span>i<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .35pt;">de</span><span style="letter-spacing: .25pt;">p</span><span style="letter-spacing: .35pt;">ends</span>,<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">so</span><span style="letter-spacing: .45pt;">m</span>e<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .25pt;">o</span>f<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .3pt;">w</span><span style="letter-spacing: .35pt;">h</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">c</span>h <span style="letter-spacing: .4pt;">Hi</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ach</span>i<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">a</span>y<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .35pt;">no</span>t<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">con</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ro</span><span style="letter-spacing: .4pt;">l</span>,<span style="letter-spacing: .85pt;"> </span><span style="letter-spacing: .3pt;">w</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">t</span>h<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">o</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">he</span>r<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">corpor</span><span style="letter-spacing: .5pt;">a</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">on</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">i</span>n<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">h</span>e<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">des</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">g</span>n<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">an</span>d<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">de</span><span style="letter-spacing: .25pt;">v</span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .35pt;">op</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">en</span>t<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">o</span>f <span style="letter-spacing: .35pt;">cer</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .4pt;">i</span>n<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .5pt;">k</span><span style="letter-spacing: .35pt;">e</span>y<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .35pt;">produc</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">s</span>;<o:p></o:p></span></div> <div class="MsoNormal" style="line-height: 12.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 23.2pt; margin-right: 14.1pt; margin-top: 4.2pt; mso-line-height-rule: exactly; tab-stops: 23.0pt; text-indent: -18.1pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.5pt; mso-fareast-font-family: Arial;">•     <span style="letter-spacing: .35pt;">uncer</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">n</span><span style="letter-spacing: .3pt;">t</span>y<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .35pt;">a</span>s<span style="letter-spacing: .8pt;"> </span><span style="letter-spacing: .3pt;">t</span>o<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">Hi</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ach</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .45pt;">’</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">acces</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">o</span>,<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">o</span>r<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .35pt;">ab</span><span style="letter-spacing: .4pt;">ili</span><span style="letter-spacing: .3pt;">t</span>y<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .3pt;">t</span>o<span style="letter-spacing: .8pt;"> </span><span style="letter-spacing: .35pt;">pro</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ec</span><span style="letter-spacing: .4pt;">t</span>,<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">ce</span><span style="letter-spacing: .45pt;">r</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .4pt;">i</span>n<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">n</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .4pt;">ll</span><span style="letter-spacing: .35pt;">ec</span><span style="letter-spacing: .2pt;">t</span><span style="letter-spacing: .35pt;">ua</span>l<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .35pt;">proper</span><span style="letter-spacing: .3pt;">t</span>y <span style="letter-spacing: .35pt;">r</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">gh</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">s</span>,<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">par</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">cu</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .35pt;">ar</span><span style="letter-spacing: .4pt;">l</span>y<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">hos</span>e<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">re</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">e</span>d<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .3pt;">t</span>o<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .35pt;">ec</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ron</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">c</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .5pt;">a</span><span style="letter-spacing: .35pt;">n</span>d<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">da</span><span style="letter-spacing: .3pt;">t</span>a<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">process</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">n</span>g<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">echno</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .35pt;">o</span><span style="letter-spacing: .25pt;">g</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">es</span>;<o:p></o:p></span></div> <div class="MsoNormal" style="line-height: 99%; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 23.2pt; margin-right: 5.0pt; margin-top: 3.85pt; tab-stops: 23.0pt; text-indent: -18.1pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.5pt; line-height: 99%; mso-fareast-font-family: Arial;">•     <span style="letter-spacing: .35pt;">uncer</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">n</span><span style="letter-spacing: .3pt;">t</span>y<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .35pt;">a</span>s<span style="letter-spacing: .8pt;"> </span><span style="letter-spacing: .3pt;">t</span>o<span style="letter-spacing: .8pt;"> </span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">h</span>e<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">ou</span><span style="letter-spacing: .4pt;">t</span><span style="letter-spacing: .35pt;">co</span><span style="letter-spacing: .45pt;">m</span>e<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .25pt;">o</span>f<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .4pt;">li</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">ga</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .25pt;">o</span><span style="letter-spacing: .35pt;">n</span>,<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">regu</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">or</span>y<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">n</span><span style="letter-spacing: .25pt;">v</span><span style="letter-spacing: .35pt;">es</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">ga</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">on</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">an</span>d<span style="letter-spacing: .8pt;"> </span><span style="letter-spacing: .35pt;">o</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">he</span>r<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .35pt;">ega</span>l <span style="letter-spacing: .35pt;">proceed</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">n</span><span style="letter-spacing: .25pt;">g</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">o</span>f<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .3pt;">w</span><span style="letter-spacing: .35pt;">h</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">c</span>h<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">h</span>e<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">C</span><span style="letter-spacing: .35pt;">ompan</span><span style="letter-spacing: .25pt;">y</span>,<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">t</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">subs</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">d</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">ar</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">e</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">o</span>r<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">t</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">equ</span><span style="letter-spacing: .4pt;">it</span>y<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ho</span>d<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .4pt;">ff</span><span style="letter-spacing: .3pt;">i</span><span style="letter-spacing: .4pt;">li</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">e</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">ha</span><span style="letter-spacing: .25pt;">v</span>e <span style="letter-spacing: .35pt;">bec</span><span style="letter-spacing: .25pt;">o</span><span style="letter-spacing: .45pt;">m</span>e<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">o</span>r<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">a</span>y<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .35pt;">beco</span><span style="letter-spacing: .45pt;">m</span>e<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .35pt;">par</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">es</span>;<o:p></o:p></span></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 23.2pt; margin-right: 8.25pt; margin-top: 4pt; text-indent: -18.1pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.5pt; mso-fareast-font-family: Arial;">•     <span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">h</span>e<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">poss</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">b</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">l</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">t</span>y<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .35pt;">o</span>f<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">ncurr</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">n</span>g<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">expense</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">resu</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">n</span>g<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">f</span><span style="letter-spacing: .35pt;">r</span><span style="letter-spacing: .25pt;">o</span>m<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .35pt;">an</span>y<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .35pt;">de</span><span style="letter-spacing: .4pt;">f</span><span style="letter-spacing: .35pt;">ec</span><span style="letter-spacing: .3pt;">t</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">i</span>n<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">produc</span><span style="letter-spacing: .3pt;">t</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">o</span>r<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">se</span><span style="letter-spacing: .45pt;">r</span><span style="letter-spacing: .25pt;">v</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">ce</span>s <span style="letter-spacing: .35pt;">o</span>f<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .4pt;">Hi</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ac</span><span style="letter-spacing: .25pt;">h</span><span style="letter-spacing: .4pt;">i</span>;<o:p></o:p></span></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 23.2pt; margin-right: 14.3pt; margin-top: 3.95pt; text-indent: -18.1pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.5pt; mso-fareast-font-family: Arial;">•     <span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">h</span>e<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">poss</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">b</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">l</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">t</span>y<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .35pt;">o</span>f<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .35pt;">d</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">srup</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">o</span>n<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">o</span>f<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .4pt;">Hi</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ac</span><span style="letter-spacing: .25pt;">h</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .45pt;">’</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">opera</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">o</span><span style="letter-spacing: .25pt;">n</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">b</span>y<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">ear</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">hqua</span><span style="letter-spacing: .5pt;">k</span><span style="letter-spacing: .35pt;">es</span>,<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">suna</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .4pt;">i</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">o</span>r<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">o</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">he</span>r <span style="letter-spacing: .35pt;">na</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ura</span>l<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .35pt;">d</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">sas</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ers</span>;<o:p></o:p></span></div> <div class="MsoNormal" style="line-height: 12.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 23.2pt; margin-right: 4.5pt; margin-top: 4.2pt; mso-line-height-rule: exactly; tab-stops: 23.0pt; text-indent: -18.1pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.5pt; mso-fareast-font-family: Arial;">•     <span style="letter-spacing: .35pt;">uncer</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">n</span><span style="letter-spacing: .3pt;">t</span>y<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .35pt;">a</span>s<span style="letter-spacing: .8pt;"> </span><span style="letter-spacing: .3pt;">t</span>o<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">Hi</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ach</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .45pt;">’</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">ab</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">l</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">t</span>y<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .3pt;">t</span>o<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">n</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .4pt;">i</span>n<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">h</span>e<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">n</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">egr</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">t</span>y<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .35pt;">o</span>f<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">t</span>s<span style="letter-spacing: .8pt;"> </span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">n</span><span style="letter-spacing: .4pt;">f</span><span style="letter-spacing: .35pt;">orma</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .25pt;">o</span>n<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .25pt;">y</span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">s</span>,<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">a</span>s <span style="letter-spacing: .3pt;">w</span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .4pt;">l</span>l<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .35pt;">a</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">Hi</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ach</span><span style="letter-spacing: .3pt;">i</span><span style="letter-spacing: .45pt;">’</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">ab</span><span style="letter-spacing: .3pt;">i</span><span style="letter-spacing: .4pt;">li</span><span style="letter-spacing: .3pt;">t</span>y<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .4pt;">t</span>o<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">pro</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ec</span>t<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">t</span>s<span style="letter-spacing: .8pt;"> </span><span style="letter-spacing: .35pt;">con</span><span style="letter-spacing: .4pt;">fi</span><span style="letter-spacing: .35pt;">den</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .25pt;">a</span>l<span style="letter-spacing: .6pt;"> </span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">n</span><span style="letter-spacing: .4pt;">f</span><span style="letter-spacing: .35pt;">orma</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">o</span>n<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">o</span>r<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ha</span>t<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">o</span>f<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .4pt;">it</span>s<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .35pt;">cus</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">o</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">ers</span>;<o:p></o:p></span></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 23.2pt; margin-right: 48.8pt; margin-top: 3.8pt; text-indent: -18.1pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.5pt; mso-fareast-font-family: Arial;">•     <span style="letter-spacing: .35pt;">uncer</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">n</span><span style="letter-spacing: .3pt;">t</span>y<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .35pt;">a</span>s<span style="letter-spacing: .8pt;"> </span><span style="letter-spacing: .3pt;">t</span>o<span style="letter-spacing: .8pt;"> </span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">h</span>e<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .5pt;">c</span><span style="letter-spacing: .35pt;">curac</span>y<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .35pt;">o</span>f<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .5pt;">k</span><span style="letter-spacing: .35pt;">e</span>y<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .35pt;">assu</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">p</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .25pt;">o</span><span style="letter-spacing: .35pt;">n</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">Hi</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ach</span>i<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .35pt;">use</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .3pt;">t</span>o<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .25pt;">v</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .35pt;">ua</span><span style="letter-spacing: .3pt;">t</span>e<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">t</span>s <span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">gn</span><span style="letter-spacing: .3pt;">i</span><span style="letter-spacing: .4pt;">fi</span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .25pt;">a</span><span style="letter-spacing: .35pt;">n</span>t<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">p</span><span style="letter-spacing: .3pt;">l</span><span style="letter-spacing: .35pt;">o</span><span style="letter-spacing: .25pt;">y</span><span style="letter-spacing: .35pt;">e</span>e<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">bene</span><span style="letter-spacing: .4pt;">fi</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">-re</span><span style="letter-spacing: .4pt;">l</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">e</span>d<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">cos</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">s</span>;<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">an</span>d<o:p></o:p></span></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 5.1pt; margin-right: -1pt; margin-top: 3.95pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.5pt; mso-fareast-font-family: Arial;">•     <span style="letter-spacing: .35pt;">uncer</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .35pt;">n</span><span style="letter-spacing: .3pt;">t</span>y<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .35pt;">a</span>s<span style="letter-spacing: .8pt;"> </span><span style="letter-spacing: .3pt;">t</span>o<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .4pt;">Hi</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">ach</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .45pt;">’</span>s<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">ab</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">l</span><span style="letter-spacing: .4pt;">i</span><span style="letter-spacing: .3pt;">t</span>y<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .3pt;">t</span>o<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .4pt;">t</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">rac</span>t<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .35pt;">an</span>d<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .45pt;">r</span><span style="letter-spacing: .35pt;">e</span><span style="letter-spacing: .3pt;">t</span><span style="letter-spacing: .35pt;">a</span><span style="letter-spacing: .4pt;">i</span>n<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">sk</span><span style="letter-spacing: .4pt;">il</span><span style="letter-spacing: .3pt;">l</span><span style="letter-spacing: .35pt;">e</span>d<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .35pt;">personne</span><span style="letter-spacing: .4pt;">l</span>.<o:p></o:p></span></div> <div class="MsoNormal" style="line-height: 12.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 0cm; margin-right: 0cm; margin-top: .25pt; mso-line-height-rule: exactly;"> <br /></div> <div class="MsoNormal" style="line-height: 11.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 5.1pt; margin-right: 12.95pt; margin-top: 0cm; mso-line-height-rule: exactly;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.5pt; letter-spacing: .15pt; mso-fareast-font-family: Arial;">Th</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 10.5pt; mso-fareast-font-family: Arial;">e<span style="letter-spacing: .2pt;"> f</span><span style="letter-spacing: .15pt;">a</span><span style="letter-spacing: .25pt;">c</span><span style="letter-spacing: .05pt;">t</span><span style="letter-spacing: .25pt;">o</span><span style="letter-spacing: .1pt;">r</span>s<span style="letter-spacing: .3pt;"> </span><span style="letter-spacing: .2pt;">li</span><span style="letter-spacing: .25pt;">s</span><span style="letter-spacing: .05pt;">t</span><span style="letter-spacing: .15pt;">e</span>d<span style="letter-spacing: .35pt;"> </span><span style="letter-spacing: .15pt;">ab</span><span style="letter-spacing: .25pt;">o</span><span style="letter-spacing: .15pt;">v</span>e<span style="letter-spacing: .45pt;"> </span><span style="letter-spacing: .15pt;">a</span><span style="letter-spacing: .1pt;">r</span>e<span style="letter-spacing: .35pt;"> </span><span style="letter-spacing: .15pt;">n</span><span style="letter-spacing: .25pt;">o</span>t<span style="letter-spacing: .25pt;"> </span><span style="letter-spacing: .15pt;">a</span><span style="letter-spacing: .2pt;">ll</span><span style="letter-spacing: .1pt;">-</span><span style="letter-spacing: .2pt;">i</span><span style="letter-spacing: .25pt;">n</span><span style="letter-spacing: .15pt;">c</span><span style="letter-spacing: .2pt;">l</span><span style="letter-spacing: .15pt;">us</span><span style="letter-spacing: .3pt;">i</span>ve<span style="letter-spacing: .35pt;"> </span><span style="letter-spacing: .15pt;">a</span><span style="letter-spacing: .25pt;">n</span>d<span style="letter-spacing: .35pt;"> </span><span style="letter-spacing: .15pt;">a</span><span style="letter-spacing: .1pt;">r</span>e<span style="letter-spacing: .35pt;"> </span><span style="letter-spacing: .2pt;">i</span>n<span style="letter-spacing: .35pt;"> </span><span style="letter-spacing: .15pt;">add</span><span style="letter-spacing: .3pt;">i</span><span style="letter-spacing: .05pt;">t</span><span style="letter-spacing: .2pt;">i</span><span style="letter-spacing: .15pt;">o</span>n<span style="letter-spacing: .45pt;"> </span><span style="letter-spacing: .05pt;">t</span>o<span style="letter-spacing: .35pt;"> </span><span style="letter-spacing: .25pt;">o</span><span style="letter-spacing: .05pt;">t</span><span style="letter-spacing: .15pt;">h</span><span style="letter-spacing: .25pt;">e</span>r<span style="letter-spacing: .15pt;"> </span><span style="letter-spacing: .2pt;">f</span><span style="letter-spacing: .25pt;">a</span><span style="letter-spacing: .15pt;">c</span><span style="letter-spacing: .05pt;">t</span><span style="letter-spacing: .25pt;">o</span><span style="letter-spacing: .1pt;">r</span>s<span style="letter-spacing: .3pt;"> </span><span style="letter-spacing: .15pt;">co</span><span style="letter-spacing: .25pt;">n</span><span style="letter-spacing: .05pt;">t</span><span style="letter-spacing: .15pt;">a</span><span style="letter-spacing: .3pt;">i</span><span style="letter-spacing: .15pt;">ne</span>d<span style="letter-spacing: .35pt;"> </span><span style="letter-spacing: .2pt;">i</span>n <span style="letter-spacing: .15pt;">o</span><span style="letter-spacing: .05pt;">t</span><span style="letter-spacing: .15pt;">h</span><span style="letter-spacing: .25pt;">e</span>r<span style="letter-spacing: .3pt;"> </span><span style="letter-spacing: .2pt;">m</span><span style="letter-spacing: .15pt;">a</span><span style="letter-spacing: .05pt;">t</span><span style="letter-spacing: .25pt;">e</span><span style="letter-spacing: .1pt;">r</span><span style="letter-spacing: .2pt;">i</span><span style="letter-spacing: .15pt;">a</span><span style="letter-spacing: .2pt;">l</span>s<span style="letter-spacing: .3pt;"> </span><span style="letter-spacing: .15pt;">pub</span><span style="letter-spacing: .2pt;">l</span><span style="letter-spacing: .3pt;">i</span><span style="letter-spacing: .15pt;">she</span>d<span style="letter-spacing: .35pt;"> </span><span style="letter-spacing: .25pt;">b</span>y<span style="letter-spacing: .2pt;"> Hit</span><span style="letter-spacing: .15pt;">ach</span><span style="letter-spacing: .3pt;">i</span>.<o:p></o:p></span></div> <div class="MsoNormal" style="line-height: 5.5pt; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 0cm; margin-right: 0cm; margin-top: .25pt; mso-line-height-rule: exactly;"> <br /></div> <div class="MsoNormal" style="line-height: 10.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; mso-line-height-rule: exactly;"> <br /></div> <div class="MsoNormal" style="line-height: 10.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; mso-line-height-rule: exactly;"> <br /></div> <div class="MsoNormal" style="line-height: 10.0pt; margin-bottom: .0001pt; margin-bottom: 0cm; mso-line-height-rule: exactly;"> <br /></div> <div class="MsoNormal" style="margin-bottom: 0.0001pt; margin-left: 5.1pt; margin-right: -1pt; margin-top: 0cm;"> <b><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .2pt; mso-fareast-font-family: Arial;">A</span></b><b><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .45pt; mso-fareast-font-family: Arial;">B</span></b><b><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; mso-fareast-font-family: Arial;">O</span></b><b><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .35pt; mso-fareast-font-family: Arial;">U</span></b><b><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;">T<span style="letter-spacing: .4pt;"> </span><span style="letter-spacing: .35pt;">H</span><span style="letter-spacing: .4pt;">I</span><span style="letter-spacing: -.25pt;">T</span><span style="letter-spacing: .1pt;">A</span><span style="letter-spacing: .45pt;">C</span><span style="letter-spacing: .35pt;">H</span>I</span></b><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; mso-fareast-font-family: Arial;"><o:p></o:p></span></div> <div class="MsoNormal" style="line-height: 130%; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 5.1pt; margin-right: 13.5pt; margin-top: 2.25pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .35pt; line-height: 130%; mso-fareast-font-family: Arial;">Hi</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; line-height: 130%; mso-fareast-font-family: Arial;">ta</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .35pt; line-height: 130%; mso-fareast-font-family: Arial;">c</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; line-height: 130%; mso-fareast-font-family: Arial;">h</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .35pt; line-height: 130%; mso-fareast-font-family: Arial;">i</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; line-height: 130%; mso-fareast-font-family: Arial;">,<span style="letter-spacing: .35pt;"> </span><span style="letter-spacing: .4pt;">Ltd.</span>,<span style="letter-spacing: .5pt;"> </span><span style="letter-spacing: .3pt;">(</span><span style="letter-spacing: .45pt;">T</span><span style="letter-spacing: .4pt;">SE</span>:<span style="letter-spacing: .45pt;"> </span><span style="letter-spacing: .3pt;">6</span><span style="letter-spacing: .4pt;">501</span><span style="letter-spacing: .3pt;">)</span>,<span style="letter-spacing: .4pt;"> head</span><span style="letter-spacing: .3pt;">q</span><span style="letter-spacing: .4pt;">ua</span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .4pt;">te</span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .4pt;">e</span>d <span style="letter-spacing: .35pt;">i</span>n<span style="letter-spacing: .7pt;"> </span><span style="letter-spacing: .45pt;">T</span><span style="letter-spacing: .4pt;">o</span><span style="letter-spacing: .35pt;">k</span><span style="letter-spacing: .25pt;">y</span><span style="letter-spacing: .4pt;">o</span>,<span style="letter-spacing: .4pt;"> </span><span style="letter-spacing: .35pt;">J</span><span style="letter-spacing: .4pt;">apan</span>,<span style="letter-spacing: .4pt;"> </span><span style="letter-spacing: .35pt;">i</span>s<span style="letter-spacing: .65pt;"> </span>a<span style="letter-spacing: .75pt;"> </span><span style="letter-spacing: .2pt;">l</span><span style="letter-spacing: .4pt;">ead</span><span style="letter-spacing: .35pt;">i</span><span style="letter-spacing: .4pt;">n</span>g<span style="letter-spacing: .25pt;"> </span><span style="letter-spacing: .3pt;">g</span><span style="letter-spacing: .35pt;">l</span><span style="letter-spacing: .4pt;">oba</span>l <span style="letter-spacing: .4pt;">e</span><span style="letter-spacing: .35pt;">l</span><span style="letter-spacing: .4pt;">e</span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .4pt;">t</span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .4pt;">on</span><span style="letter-spacing: .35pt;">ic</span>s<span style="letter-spacing: .2pt;"> </span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .4pt;">o</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .4pt;">pan</span>y<span style="letter-spacing: .25pt;"> </span><span style="letter-spacing: .35pt;">wi</span><span style="letter-spacing: .4pt;">t</span>h<span style="letter-spacing: .6pt;"> </span><span style="letter-spacing: .4pt;">app</span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .4pt;">o</span><span style="letter-spacing: .35pt;">xi</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .4pt;">ate</span><span style="letter-spacing: .35pt;">l</span>y<span style="letter-spacing: -.15pt;"> </span><span style="letter-spacing: .55pt;">3</span><span style="letter-spacing: .4pt;">20,00</span>0<span style="letter-spacing: .35pt;"> </span><span style="letter-spacing: .3pt;">e</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .4pt;">p</span><span style="letter-spacing: .35pt;">l</span><span style="letter-spacing: .4pt;">o</span><span style="letter-spacing: .25pt;">y</span><span style="letter-spacing: .4pt;">ee</span>s<span style="letter-spacing: .15pt;"> </span><span style="letter-spacing: .35pt;">w</span><span style="letter-spacing: .4pt;">o</span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .35pt;">l</span><span style="letter-spacing: .55pt;">d</span><span style="letter-spacing: .2pt;">w</span><span style="letter-spacing: .35pt;">i</span><span style="letter-spacing: .4pt;">de</span>.<span style="letter-spacing: .2pt;"> </span><span style="letter-spacing: .35pt;">Fi</span><span style="letter-spacing: .5pt;">s</span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .4pt;">a</span>l<o:p></o:p></span></div> <div class="MsoNormal" style="line-height: 130%; margin-bottom: .0001pt; margin-bottom: 0cm; margin-left: 5.1pt; margin-right: 15.0pt; margin-top: .1pt;"> <span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; line-height: 130%; mso-fareast-font-family: Arial;">201</span><span lang="EN-US" style="font-family: "Arial","sans-serif"; font-size: 12.0pt; line-height: 130%; mso-fareast-font-family: Arial;">1<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .3pt;">(</span><span style="letter-spacing: .4pt;">end</span><span style="letter-spacing: .3pt;">e</span>d<span style="letter-spacing: .45pt;"> </span><span style="letter-spacing: .35pt;">M</span><span style="letter-spacing: .4pt;">a</span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .35pt;">c</span>h<span style="letter-spacing: .45pt;"> </span><span style="letter-spacing: .4pt;">31</span>,<span style="letter-spacing: .6pt;"> </span><span style="letter-spacing: .4pt;">2012</span>)<span style="letter-spacing: .4pt;"> </span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .4pt;">on</span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .4pt;">o</span><span style="letter-spacing: .35pt;">li</span><span style="letter-spacing: .4pt;">date</span>d <span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .4pt;">e</span><span style="letter-spacing: .25pt;">v</span><span style="letter-spacing: .4pt;">enue</span>s<span style="letter-spacing: .25pt;"> </span><span style="letter-spacing: .4pt;">tota</span><span style="letter-spacing: .35pt;">l</span><span style="letter-spacing: .4pt;">e</span>d<span style="letter-spacing: .45pt;"> </span><span style="letter-spacing: .4pt;">9,</span><span style="letter-spacing: .3pt;">6</span><span style="letter-spacing: .4pt;">6</span>5<span style="letter-spacing: .5pt;"> </span><span style="letter-spacing: .4pt;">b</span><span style="letter-spacing: .35pt;">illi</span><span style="letter-spacing: .4pt;">o</span>n<span style="letter-spacing: .5pt;"> </span><span style="letter-spacing: .25pt;">y</span><span style="letter-spacing: .4pt;">e</span>n <span style="letter-spacing: .3pt;">(</span><span style="letter-spacing: .4pt;">$117.</span>8<span style="letter-spacing: .4pt;"> b</span><span style="letter-spacing: .35pt;">illi</span><span style="letter-spacing: .4pt;">on</span><span style="letter-spacing: .3pt;">)</span>.<span style="letter-spacing: .35pt;"> Hi</span><span style="letter-spacing: .4pt;">ta</span><span style="letter-spacing: .5pt;">c</span><span style="letter-spacing: .4pt;">h</span>i<span style="letter-spacing: .35pt;"> wi</span><span style="letter-spacing: .45pt;">l</span>l<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .5pt;">f</span><span style="letter-spacing: .4pt;">o</span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .4pt;">u</span>s<span style="letter-spacing: .45pt;"> m</span><span style="letter-spacing: .4pt;">o</span><span style="letter-spacing: .3pt;">r</span>e<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .25pt;">t</span><span style="letter-spacing: .4pt;">h</span><span style="letter-spacing: .3pt;">a</span>n<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .4pt;">e</span><span style="letter-spacing: .25pt;">v</span><span style="letter-spacing: .4pt;">e</span>r<span style="letter-spacing: .45pt;"> </span><span style="letter-spacing: .4pt;">o</span>n<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .4pt;">th</span>e<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .4pt;">So</span><span style="letter-spacing: .35pt;">ci</span><span style="letter-spacing: .4pt;">a</span>l<span style="letter-spacing: .35pt;"> </span><span style="letter-spacing: .4pt;">Inno</span><span style="letter-spacing: .25pt;">v</span><span style="letter-spacing: .4pt;">at</span><span style="letter-spacing: .35pt;">i</span><span style="letter-spacing: .4pt;">o</span>n <span style="letter-spacing: .4pt;">Bu</span><span style="letter-spacing: .35pt;">si</span><span style="letter-spacing: .4pt;">ne</span><span style="letter-spacing: .35pt;">ss</span>,<span style="letter-spacing: .25pt;"> </span><span style="letter-spacing: .2pt;">w</span><span style="letter-spacing: .4pt;">h</span><span style="letter-spacing: .45pt;">i</span><span style="letter-spacing: .35pt;">c</span>h<span style="letter-spacing: .5pt;"> </span><span style="letter-spacing: .35pt;">i</span><span style="letter-spacing: .4pt;">n</span><span style="letter-spacing: .35pt;">cl</span><span style="letter-spacing: .55pt;">u</span><span style="letter-spacing: .4pt;">de</span>s<span style="letter-spacing: .3pt;"> </span><span style="letter-spacing: .35pt;">i</span><span style="letter-spacing: .4pt;">n</span><span style="letter-spacing: .5pt;">f</span><span style="letter-spacing: .4pt;">o</span><span style="letter-spacing: .2pt;">r</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .4pt;">at</span><span style="letter-spacing: .35pt;">i</span><span style="letter-spacing: .4pt;">o</span>n<span style="letter-spacing: .2pt;"> </span><span style="letter-spacing: .4pt;">a</span><span style="letter-spacing: .3pt;">n</span>d<span style="letter-spacing: .6pt;"> </span><span style="letter-spacing: .25pt;">t</span><span style="letter-spacing: .4pt;">e</span><span style="letter-spacing: .35pt;">l</span><span style="letter-spacing: .4pt;">e</span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .4pt;">o</span><span style="letter-spacing: .45pt;">mm</span><span style="letter-spacing: .3pt;">u</span><span style="letter-spacing: .4pt;">n</span><span style="letter-spacing: .35pt;">ic</span><span style="letter-spacing: .4pt;">at</span><span style="letter-spacing: .35pt;">i</span><span style="letter-spacing: .4pt;">o</span>n<span style="letter-spacing: -.2pt;"> </span><span style="letter-spacing: .35pt;">sys</span><span style="letter-spacing: .4pt;">te</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">s</span>,<span style="letter-spacing: .3pt;"> </span><span style="letter-spacing: .4pt;">po</span><span style="letter-spacing: .2pt;">w</span><span style="letter-spacing: .4pt;">e</span>r <span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .25pt;">y</span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .4pt;">te</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">s</span>,<span style="letter-spacing: .3pt;"> </span><span style="letter-spacing: .4pt;">en</span><span style="letter-spacing: .35pt;">vi</span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .4pt;">on</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .4pt;">enta</span><span style="letter-spacing: .35pt;">l</span>,<span style="letter-spacing: -.05pt;"> </span><span style="letter-spacing: .35pt;">i</span><span style="letter-spacing: .4pt;">ndu</span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .4pt;">t</span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .35pt;">i</span><span style="letter-spacing: .4pt;">a</span>l<span style="letter-spacing: .2pt;"> </span><span style="letter-spacing: .4pt;">an</span>d<span style="letter-spacing: .6pt;"> </span><span style="letter-spacing: .4pt;">t</span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .4pt;">an</span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .4pt;">po</span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .4pt;">tat</span><span style="letter-spacing: .35pt;">i</span><span style="letter-spacing: .4pt;">o</span>n<span style="letter-spacing: .05pt;"> </span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .25pt;">y</span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .4pt;">te</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">s</span>,<span style="letter-spacing: .3pt;"> </span><span style="letter-spacing: .4pt;">an</span>d<span style="letter-spacing: .6pt;"> </span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .4pt;">o</span><span style="letter-spacing: .35pt;">ci</span><span style="letter-spacing: .4pt;">a</span>l<span style="letter-spacing: .4pt;"> an</span>d <span style="letter-spacing: .4pt;">u</span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .4pt;">ba</span>n<span style="letter-spacing: .5pt;"> </span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .25pt;">y</span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .4pt;">te</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .35pt;">s</span>,<span style="letter-spacing: .3pt;"> </span><span style="letter-spacing: .4pt;">a</span>s<span style="letter-spacing: .6pt;"> </span><span style="letter-spacing: .35pt;">w</span><span style="letter-spacing: .4pt;">e</span><span style="letter-spacing: .35pt;">l</span>l<span style="letter-spacing: .5pt;"> </span><span style="letter-spacing: .4pt;">a</span>s<span style="letter-spacing: .6pt;"> </span><span style="letter-spacing: .4pt;">th</span>e<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .4pt;">oph</span><span style="letter-spacing: .35pt;">is</span><span style="letter-spacing: .4pt;">t</span><span style="letter-spacing: .35pt;">ic</span><span style="letter-spacing: .4pt;">ate</span>d<span style="letter-spacing: .1pt;"> </span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .4pt;">a</span><span style="letter-spacing: .25pt;">t</span><span style="letter-spacing: .4pt;">e</span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .35pt;">i</span><span style="letter-spacing: .4pt;">a</span><span style="letter-spacing: .35pt;">l</span>s<span style="letter-spacing: .25pt;"> </span><span style="letter-spacing: .4pt;">an</span>d<span style="letter-spacing: .6pt;"> </span><span style="letter-spacing: .35pt;">k</span><span style="letter-spacing: .4pt;">e</span>y<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .4pt;">de</span><span style="letter-spacing: .25pt;">v</span><span style="letter-spacing: .35pt;">ic</span><span style="letter-spacing: .4pt;">e</span>s<span style="letter-spacing: .35pt;"> </span><span style="letter-spacing: .4pt;">tha</span>t <span style="letter-spacing: .35pt;">s</span><span style="letter-spacing: .4pt;">uppo</span><span style="letter-spacing: .3pt;">r</span>t<span style="letter-spacing: .35pt;"> </span><span style="letter-spacing: .4pt;">the</span><span style="letter-spacing: .45pt;">m</span>.<span style="letter-spacing: .35pt;"> F</span><span style="letter-spacing: .4pt;">o</span>r<span style="letter-spacing: .5pt;"> </span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .3pt;">or</span>e<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .35pt;">i</span><span style="letter-spacing: .4pt;">n</span><span style="letter-spacing: .5pt;">f</span><span style="letter-spacing: .4pt;">o</span><span style="letter-spacing: .3pt;">r</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .4pt;">at</span><span style="letter-spacing: .35pt;">i</span><span style="letter-spacing: .4pt;">o</span>n<span style="letter-spacing: .05pt;"> </span><span style="letter-spacing: .4pt;">o</span>n<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">Hi</span><span style="letter-spacing: .4pt;">ta</span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .4pt;">h</span><span style="letter-spacing: .35pt;">i</span>,<span style="letter-spacing: .35pt;"> </span><span style="letter-spacing: .4pt;">p</span><span style="letter-spacing: .35pt;">l</span><span style="letter-spacing: .4pt;">ea</span><span style="letter-spacing: .35pt;">s</span>e<span style="letter-spacing: .45pt;"> </span><span style="letter-spacing: .25pt;">v</span><span style="letter-spacing: .35pt;">i</span><span style="letter-spacing: .5pt;">s</span><span style="letter-spacing: .35pt;">i</span>t<span style="letter-spacing: .55pt;"> </span><span style="letter-spacing: .4pt;">th</span>e<span style="letter-spacing: .65pt;"> </span><span style="letter-spacing: .35pt;">c</span><span style="letter-spacing: .4pt;">o</span><span style="letter-spacing: .45pt;">m</span><span style="letter-spacing: .4pt;">pan</span><span style="letter-spacing: .25pt;">y</span><span style="letter-spacing: .35pt;">'</span>s <span style="letter-spacing: .2pt;">w</span><span style="letter-spacing: .4pt;">eb</span><span style="letter-spacing: .35pt;">si</span><span style="letter-spacing: .4pt;">t</span>e<span style="letter-spacing: .4pt;"> a</span>t<span style="letter-spacing: -.1pt;"> </span><span style="color: blue; letter-spacing: -2.55pt;"> </span></span><span lang="EN-US"><a href="http://www.hitachi.com/"><span style="color: blue; font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .4pt; line-height: 130%; mso-fareast-font-family: Arial;">http://</span><span style="color: blue; font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .35pt; line-height: 130%; mso-fareast-font-family: Arial;">ww</span><span style="color: blue; font-family: "Arial","sans-serif"; font-size: 12.0pt; letter-spacing: .45pt; line-height: 130%; mso-fareast-font-family: Arial;">w</span><span style="color: blue; font-family: "Arial","sans-serif"; font-size: 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Hitachi Announces Progress of “2012 Mid-term Management Plan”

T o k y o , M a y 10 , 20 1 2 -- - H i ta c h i , Ltd . ( T S E : 6501 ) to d a y announ c e d a p r o gr e s s o f i t s ...

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