The URL can be used to link to this page

08.06.19 PZ Packet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rosper is a place where everyone matters. L &RQVLGHUDQGDFWXSRQDUHTXHVWIRUD6LWH3ODQIRUD:LUHOHVV&RPPXQLFDWLRQDQG 6XSSRUW6WUXFWXUHRQDFUHVORFDWHGLQ)URQWLHU3DUNVRXWKRI)URQWLHU3DUNZD\ VRXWKDQGZHVWRI6WDGLXP'ULYH7KHSURSHUW\LV]RQHG$JULFXOWXUDO$DQG6SHFLILF8VH 3HUPLW6' 5(*8/$5$*(1'$ ,I\RXZLVKWRDGGUHVVWKH3ODQQLQJ =RQLQJ&RPPLVVLRQGXULQJWKHUHJXODUDJHQGDSOHDVHILOORXWD³6SHDNHU 5HTXHVW)RUP´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¶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¶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rosper is a place where everyone matters. 3DJHRI 7R 3ODQQLQJ =RQLQJ&RPPLVVLRQ ,WHP1RE )URP $OH[*OXVKNR$,&33ODQQLQJ0DQDJHU 5H 3ODQQLQJ =RQLQJ&RPPLVVLRQ0HHWLQJ±$XJXVW $JHQGD,WHP &RQVLGHUDQGDFWXSRQD&RQYH\DQFH3ODWIRU*RRGZLOO3URVSHU$GGLWLRQ%ORFN$/RWVRQ DFUHVORFDWHGRQWKHVRXWKZHVWFRUQHURI&ROHPDQ6WUHHWDQGIXWXUH0F.LQOH\6WUHHW7KH SURSHUW\LV]RQHG3ODQQHG'HYHORSPHQW3'' 'HVFULSWLRQRI$JHQGD,WHP 7KH SXUSRVH RI WKLV &RQYH\DQFH 3ODW LV WR FUHDWH WKUHH ORWV GHGLFDWH ULJKWRIZD\ DQG HDVHPHQWVDQGWRDOORZIRUWKHVDOHRISURSHUW\WRDFFRPPRGDWHIXWXUHGHYHORSPHQWRI/RWV DQG7KH&RQYH\DQFH3ODWFRQIRUPVWRWKH3'GHYHORSPHQWVWDQGDUGV $VFRPSDQLRQLWHPVWKH6LWH3ODQIRUWKH*RRGZLOO5HWDLO6WRUHDQG'RQDWLRQ&HQWHU' DQGWKH)LQDO3ODWIRUWKH*RRGZLOO3URVSHU$GGLWLRQ%ORFN$/RW'DQGDUHRQWKH $XJXVWDJHQGD $WWDFKHG'RFXPHQWV /RFDWLRQ0DS &RQYH\DQFH3ODW 6WDII5HFRPPHQGDWLRQ 6WDIIUHFRPPHQGVDSSURYDORIWKH&RQYH\DQFH3ODWVXEMHFWWR 6WDII DSSURYDO RI DOO DGGLWLRQV DQGRU DOWHUDWLRQV WR WKH HDVHPHQWV DQG GHGLFDWLRQV RQ WKH &RQYH\DQFH3ODW Prosper is a place where everyone matters. 3/$11,1* '&2/(0$167 6(9(17+67($*/(/1*25*(2865''5$*21)/<'56+$5(''5,9(:$<0$,167 7(&+12/2*</1 &$//$/,/</1 %877(5)/<%/9'± )HHW 3DJHRI 7R 3ODQQLQJ =RQLQJ&RPPLVVLRQ ,WHP1RF )URP 3DPHOD&ODUN3ODQQLQJ*,66SHFLDOLVW 7KURXJK $OH[*OXVKNR$,&33ODQQLQJ0DQDJHU 5H 3ODQQLQJ =RQLQJ&RPPLVVLRQ0HHWLQJ±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oDGH DQG DGGUHVVSODQV 7RZQVWDIIDSSURYDORIDOOILUHK\GUDQWVILUHGHSDUWPHQWFRQQHFWLRQV)'&DQGILUHODQHV LQFOXGLQJZLGWKVUDGLLDQGORFDWLRQ Prosper is a place where everyone matters. 3/$11,1* 81,9(56,7<'535 ( 6 7 2 1 5 ' /29(56/1 86+,*+:$<5,&+/$1'%/9'6&2/(0$167 +$:7+251'5(66(;'5&5$,*5' :,/ / 2 : 5 , ' * ( ' 5 :,//2:9,(:'5 6+$'2:+,//'5 $%%(</10266*/(1'5 &$0'(1:$<.,2:$'5%/8(5,'*('5 (&+2'552&.+,//5'/$1&(5/1:+,7(&5(67/1:,//2:0,67'5+817(563/+,*+ : ,//2: '5'(17:22'75/:+,67/(5/10<67,&:$<*$%/(6'5'5(;(//1675$7)25''56:,66/1.,2:$&735(67215''± )HHW 7KLVGRFXPHQWWRJHWKHUZLWKWKHFRQFHSWVDQGGHVLJQVSUHVHQWHGKHUHLQDVDQLQVWUXPHQWRIVHUYLFHLVLQWHQGHGRQO\IRUWKHVSHFLILFSXUSRVHDQGFOLHQWIRUZKLFKLWZDVSUHSDUHG5HXVHRIDQGLPSURSHUUHOLDQFHRQWKLVGRFXPHQWZLWKRXWZULWWHQDXWKRUL]DWLRQDQGDGDSWDWLRQE\.LPOH\+RUQDQG$VVRFLDWHV,QFVKDOOEHZLWKRXWOLDELOLW\WR.LPOH\+RUQDQG$VVRFLDWHV,QF %< '$7( $66+2:1 5(9,6,2161R'$7(6+((7180%(5&+(&.('%< 6&$/( '(6,*1('%< '5$:1%< .+$352-(&7 ($67'$9,6675((768,7(0&.,11(<7; 3+21()$; :::.,0/(<+251&207;) 5$. &$$ -&5 /$676$9(' 303/277('%< %(&./(55$&+(/30':*3$7+ .?0.1B&,9,/?*$7(62)35263(5?B3+$6(?&$'?3/$16+((76':*1$0( 29(5$//6,7(3/$1':*>2YHUDOO63@,0$*(6WRZQORJR;5()6[%UGU3+[VLWHSK[6WUP3+[VXUYSK[XWLOSK[VLWHOUF[VWULSLQJ[VWUPOUF[XWLOOUF[FUHHNV[KWFKSK *$7(62)35263(5 3+$6( 35263(57(;$6 .,0/(<+251$1'$662&,$7(6,1& -8/<&29(5$//6,7(3/$1 *5$3+,&6&$/( 7<37<3,&$/:$7(5($6(0(17:(6$1,7$5<6(:(5($6(0(1766(180%(52)3$5.,1*63$&(6;)+$&&(66,%/(3$5.,1*6<0%2/%$55,(5)5((5$03%)5(;,67,1*&217285/,1(0$-25(;,67,1*&217285/,1(0,125'5$,1$*(($6(0(17'(%$55,(5)5((5$03%)56,'(:$/.6:&85%,1/(7&,/(*(1'),5(+<'5$17(;,67,1*3$9(0(17)'&),5('(3$570(17&211(&7,21(;,67,1*(;352326('3523352326('),5(/$1(352326('%8,/',1*)/)/%8,/',1*/,1(6(7%$&.%/:0:<(,1/(7:,0$1+2/(0+75$16)250(53$'*5$7(,1/(7*,-81&7,21%2;-%76$1,7$5<6(:(50$1+2/(&85%,1/(7*5$7(,1/(7+($':$//-81&7,21%2;25:<(,1/(7:$7(50(7(5$1'9$8/7$1<5(9,6,21727+,63/$1:,//5(48,5(72:1$33529$/$1':,//5(48,5(5(9,6,21672$1<&255(6321',1*3/$1672$92,'&21)/,&76%(7:((13/$16 '80367(56$1'75$6+&203$&72566+$//%(6&5((1(',1$&&25'$1&(:,7+7+(=21,1*25',1$1&($1<$'',7,21$/(1&/2685(6:,//5(48,5(5($33529$/%<72:167$)) 23(16725$*(:+(5(3(50,77('6+$//%(6&5((1(',1$&&25'$1&(:,7+7+(=21,1*25',1$1&( 287'225/,*+7,1*6+$//&203/<:,7+7+(/,*+7,1*$1'*/$5(67$1'$5'6&217$,1(':,7+,17+(=21,1*25',1$1&($1'68%',9,6,2125',1$1&( /$1'6&$3,1*6+$//&21)25072/$1'6&$3(3/$16$33529('%<7+(72:1 $//(/(9$7,2166+$//&203/<:,7+7+(67$1'$5'6&217$,1(':,7+,17+(=21,1*25',1$1&( %8,/',1*62)648$5()((725*5($7(56+$//%(),5(635,1./('$/7(51$7,9(),5(3527(&7,210($685(60$<%($33529('%<7+(),5('(3$570(17 ),5(/$1(66+$//%('(6,*1('$1'&216758&7('3(572:167$1'$5'625$6',5(&7('%<7+(),5('(3$570(17 7:232,1762)$&&(666+$//%(0$,17$,1(')257+(3523(57<$7$//7,0(6 63(('%8036+8036$5(1273(50,77(':,7+,1$),5(/$1( +$1',&$33('3$5.,1*$5($6$1'%8,/',1*$&&(66,%,/,7<6+$//&21)250727+($0(5,&$16:,7+',6$%,/,7,(6$&7$'$$1':,7+7+(5(48,5(0(1762)7+(&855(17$'237('%8,/',1*&2'( $//6,*1$*(,668%-(&772%8,/',1*2)),&,$/$33529$/ $//)(1&(6$1'5(7$,1,1*:$//66+$//%(6+2:1217+(6,7(3/$1$1'$5(68%-(&772%8,/',1*2)),&,$/$33529$/ $//(;7(5,25%8,/',1*0$7(5,$/6$5(68%-(&772%8,/',1*2)),&,$/$33529$/$1'6+$//&21)250727+($33529(')$d$'(3/$1 6,'(:$/.62)127/(667+$16,;)((7,1:,'7+$/21*7+2528*+)$5(6$1'&2//(&7256$1'),9()((7,1:,'7+$/21*5(6,'(17,$/675((76$1'%$55,(5)5((5$036$7$//&85%&5266,1*66+$//%(3529,'('3(572:167$1'$5'6 $33529$/2)7+(6,7(3/$1,6127),1$/817,/$//(1*,1((5,1*3/$16$5($33529('%<7+((1*,1((5,1*'(3$570(17 6,7(3/$1$33529$/,65(48,5('35,2572*5$',1*5(/($6( $//1(:(/(&75,&$//,1(66+$//%(,167$//('$1'255(/2&$7('81'(5*5281' $//0(&+$1,&$/(48,30(176+$//%(6&5((1(')52038%/,&9,(:,1$&&25'$1&(:,7+7+(=21,1*25',1$1&( $///$1'6&$3(($6(0(1760867%((;&/86,9(2)$1<27+(57<3(2)($6(0(17 ,03$&7)((6:,//%($66(66(',1$&&25'$1&(:,7+7+(/$1'86(&/$66,),&$7,216,'(17,),('217+(6,7('$7$6800$5<7$%/(+2:(9(5&+$1*(6727+(352326('/$1'86($77+(7,0(2)&2$1'25),1,6+2873(50,70$<5(68/7,1$'',7,21$/,03$&7)((6$1'253$5.,1*5(48,5(0(176 7+($33529$/2)$6,7(3/$16+$//%(())(&7,9()25$3(5,2'2)(,*+7((10217+6)5207+('$7(2)$33529$/%<7+(3/$11,1* =21,1*&200,66,21$77+((1'2):+,&+7,0(7+($33/,&$170867+$9(68%0,77('$1'5(&(,9('$33529$/2)(1*,1((5,1*3/$16$1'%8,/',1*3(50,76,)7+((1*,1((5,1*3/$16$1'%8,/',1*3(50,76$5(127$33529('7+(6,7(3/$1$33529$/72*(7+(5:,7+$1<35(/,0,1$5<6,7(3/$1)257+(3523(57<,618//$1'92,'72:16,7(3/$1127(617686+:<81,9(56,7<%16)5$, / 5 2 $ ' %86&2/(0$172:12)35263(55,&+/$1'/29(56/1 /29(56/1&,7<2))5,6&267 $ 7 ( + : < 3 5 ( 6 7 2 1 9,&,1,7<$1'.(<0$3,' %/2&.$7<3('20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&$$$$$$$$$$$$$6,=(/276$1,7$5<6(:(50(7(56&+('8/( ,55,*$7,21$1$ /3&RZER\V:D\)ULVFR7H[DV&RQWDFW1LFKRODV/LQN3KRQH.LPOH\+RUQDQG$VVRFLDWHV,QF(DVW'DYLV6WUHHW6XLWH0F.LQQH\7H[DV&RQWDFW-RH5LFFDUGL3(3KRQH/DQG&RUSRUDWLRQ,QF&RZER\V:D\)ULVFR7H[DV&RQWDFW1LFKRODV/LQN3KRQH6,7('$7$6800$5<7$%/(=21,1*352326('86(3'3'/27$5($64)7$1'$&6)$&%8,/',1*$5($JURVVVTXDUHIRRWDJH%8,/',1*+(,*+7QXPEHURIVWRULHV0$;+(,*+7 /27&29(5$*()/225$5($5$7,2IRUQRQUHVLGHQWDLO]RQLQJ727$/3$5.,1*3529,'('685)$&(63$&(6727$/+$1',&$35(48,5('63$&(6727$/+$1',&$33529,'('63$&(686$%/(23(163$&(5(48,5('64)786$%/(23(163$&(3529,'('64)7%/2&.$/27 +$1',&$33$5.,1*,63529,'(',1$&&25'$1&(:,7+7$667$1'$5'6727$/3$5.,1*5(48,5(')255(67$85$17)255(7$,/)253$7,2,03(59,286685)$&(64)76725<5()),1$/'(6,*12)($&+%8,/',1*)25+(,*+763$&(6,17(5,25/$1'6&$3,1*5(48,5('64)7,17(5,25/$1'6&$3,1*3529,'('64)75(7$,/5(67$85$176)5(7$,/6)5(67*6)6)3$7,2 7KLVGRFXPHQWWRJHWKHUZLWKWKHFRQFHSWVDQGGHVLJQVSUHVHQWHGKHUHLQDVDQLQVWUXPHQWRIVHUYLFHLVLQWHQGHGRQO\IRUWKHVSHFLILFSXUSRVHDQGFOLHQWIRUZKLFKLWZDVSUHSDUHG5HXVHRIDQGLPSURSHUUHOLDQFHRQWKLVGRFXPHQWZLWKRXWZULWWHQDXWKRUL]DWLRQDQGDGDSWDWLRQE\.LPOH\+RUQDQG$VVRFLDWHV,QFVKDOOEHZLWKRXWOLDELOLW\WR.LPOH\+RUQDQG$VVRFLDWHV,QF %< '$7( $66+2:1 5(9,6,2161R'$7(6+((7180%(5&+(&.('%< 6&$/( '(6,*1('%< '5$:1%< .+$352-(&7 ($67'$9,6675((768,7(0&.,11(<7; 3+21()$; :::.,0/(<+251&207;) 5$. &$$ -&5 /$676$9(' 303/277('%< %(&./(55$&+(/30':*3$7+ .?0.1B&,9,/?*$7(62)35263(5?B3+$6(?&$'?3/$16+((76':*1$0( 6,7(3/$1':*>6LWH3ODQ@,0$*(6WRZQORJR;5()6[%UGU3+[VLWHSK[6WUP3+[VXUYSK[XWLOSK[VLWHOUF[VWULSLQJ[VWUPOUF[XWLOOUF[FUHHNV[KWFKSK *$7(62)35263(5 3+$6( 35263(57(;$6 .,0/(<+251$1'$662&,$7(6,1& -8/<&6,7(3/$1 *5$3+,&6&$/( 7<37<3,&$/:$7(5($6(0(17:(6$1,7$5<6(:(5($6(0(1766(180%(52)3$5.,1*63$&(6;)+$&&(66,%/(3$5.,1*6<0%2/%$55,(5)5((5$03%)5(;,67,1*&217285/,1(0$-25(;,67,1*&217285/,1(0,125'5$,1$*(($6(0(17'(%$55,(5)5((5$03%)56,'(:$/.6:&85%,1/(7&,/(*(1'),5(+<'5$17(;,67,1*3$9(0(17)'&),5('(3$570(17&211(&7,21(;,67,1*(;352326('3523352326('),5(/$1(352326('%8,/',1*)/)/%8,/',1*/,1(6(7%$&.%/:0:<(,1/(7:,0$1+2/(0+*5$7(,1/(7*,-81&7,21%2;-%6$1,7$5<6(:(50$1+2/(&85%,1/(7*5$7(,1/(7+($':$//-81&7,21%2;25:<(,1/(7:$7(50(7(5$1'9$8/7%)5/,*+732/(/375$16)250(56:,7&+*($538//%2;%$55,(5)5((5$036<0%2/5()6+((7&$1<5(9,6,21727+,63/$1:,//5(48,5(72:1$33529$/$1':,//5(48,5(5(9,6,21672$1<&255(6321',1*3/$1672$92,'&21)/,&76%(7:((13/$16 '80367(56$1'75$6+&203$&72566+$//%(6&5((1(',1$&&25'$1&(:,7+7+(=21,1*25',1$1&($1<$'',7,21$/(1&/2685(6:,//5(48,5(5($33529$/%<72:167$)) 23(16725$*(:+(5(3(50,77('6+$//%(6&5((1(',1$&&25'$1&(:,7+7+(=21,1*25',1$1&( 287'225/,*+7,1*6+$//&203/<:,7+7+(/,*+7,1*$1'*/$5(67$1'$5'6&217$,1(':,7+,17+(=21,1*25',1$1&($1'68%',9,6,2125',1$1&( /$1'6&$3,1*6+$//&21)25072/$1'6&$3(3/$16$33529('%<7+(72:1 $//(/(9$7,2166+$//&203/<:,7+7+(67$1'$5'6&217$,1(':,7+,17+(=21,1*25',1$1&( %8,/',1*62)648$5()((725*5($7(56+$//%(),5(635,1./('$/7(51$7,9(),5(3527(&7,210($685(60$<%($33529('%<7+(),5('(3$570(17 ),5(/$1(66+$//%('(6,*1('$1'&216758&7('3(572:167$1'$5'625$6',5(&7('%<7+(),5('(3$570(17 7:232,1762)$&&(666+$//%(0$,17$,1(')257+(3523(57<$7$//7,0(6 63(('%8036+8036$5(1273(50,77(':,7+,1$),5(/$1( +$1',&$33('3$5.,1*$5($6$1'%8,/',1*$&&(66,%,/,7<6+$//&21)250727+($0(5,&$16:,7+',6$%,/,7,(6$&7$'$$1':,7+7+(5(48,5(0(1762)7+(&855(17$'237('%8,/',1*&2'( $//6,*1$*(,668%-(&772%8,/',1*2)),&,$/$33529$/ $//)(1&(6$1'5(7$,1,1*:$//66+$//%(6+2:1217+(6,7(3/$1$1'$5(68%-(&772%8,/',1*2)),&,$/$33529$/ $//(;7(5,25%8,/',1*0$7(5,$/6$5(68%-(&772%8,/',1*2)),&,$/$33529$/$1'6+$//&21)250727+($33529(')$d$'(3/$1 6,'(:$/.62)127/(667+$16,;)((7,1:,'7+$/21*7+2528*+)$5(6$1'&2//(&7256$1'),9()((7,1:,'7+$/21*5(6,'(17,$/675((76$1'%$55,(5)5((5$036$7$//&85%&5266,1*66+$//%(3529,'('3(572:167$1'$5'6 $33529$/2)7+(6,7(3/$1,6127),1$/817,/$//(1*,1((5,1*3/$16$5($33529('%<7+((1*,1((5,1*'(3$570(17 6,7(3/$1$33529$/,65(48,5('35,2572*5$',1*5(/($6( $//1(:(/(&75,&$//,1(66+$//%(,167$//('$1'255(/2&$7('81'(5*5281' $//0(&+$1,&$/(48,30(176+$//%(6&5((1(')52038%/,&9,(:,1$&&25'$1&(:,7+7+(=21,1*25',1$1&( $///$1'6&$3(($6(0(1760867%((;&/86,9(2)$1<27+(57<3(2)($6(0(17 ,03$&7)((6:,//%($66(66(',1$&&25'$1&(:,7+7+(/$1'86(&/$66,),&$7,216,'(17,),('217+(6,7('$7$6800$5<7$%/(+2:(9(5&+$1*(6727+(352326('/$1'86($77+(7,0(2)&2$1'25),1,6+2873(50,70$<5(68/7,1$'',7,21$/,03$&7)((6$1'253$5.,1*5(48,5(0(176 7+($33529$/2)$6,7(3/$16+$//%(())(&7,9()25$3(5,2'2)(,*+7((10217+6)5207+('$7(2)$33529$/%<7+(3/$11,1* =21,1*&200,66,21$77+((1'2):+,&+7,0(7+($33/,&$170867+$9(68%0,77('$1'5(&(,9('$33529$/2)(1*,1((5,1*3/$16$1'%8,/',1*3(50,76,)7+((1*,1((5,1*3/$16$1'%8,/',1*3(50,76$5(127$33529('7+(6,7(3/$1$33529$/72*(7+(5:,7+$1<35(/,0,1$5<6,7(3/$1)257+(3523(57<,618//$1'92,'72:16,7(3/$1127(617686+:<81,9(56,7<%16)5$, / 5 2 $ ' %86&2/(0$172:12)35263(55,&+/$1'/29(56/1 /29(56/1&,7<2))5,6&267 $ 7 ( + : < 3 5 ( 6 7 2 1 9,&,1,7<$1'.(<0$3,' %/2&.$7<3('20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&$$$$$$$$$$$$$6,=(/276$1,7$5<6(:(50(7(56&+('8/( ,55,*$7,21$1$5()(5(1&(6+((7&5()(5(1&(6+((7& /3&RZER\V:D\)ULVFR7H[DV&RQWDFW1LFKRODV/LQN3KRQH.LPOH\+RUQDQG$VVRFLDWHV,QF(DVW'DYLV6WUHHW6XLWH0F.LQQH\7H[DV&RQWDFW-RH5LFFDUGL3(3KRQH/DQG&RUSRUDWLRQ,QF&RZER\V:D\)ULVFR7H[DV&RQWDFW1LFKRODV/LQN3KRQH6)5(7$,/6)5(676,7('$7$6800$5<7$%/(=21,1*352326('86(3'3'/27$5($64)7$1'$&6)$&%8,/',1*$5($JURVVVTXDUHIRRWDJH*6)%8,/',1*+(,*+7QXPEHURIVWRULHV0$;+(,*+7 /27&29(5$*()/225$5($5$7,2IRUQRQUHVLGHQWDLO]RQLQJ727$/3$5.,1*3529,'('685)$&(63$&(6727$/+$1',&$35(48,5('63$&(6727$/+$1',&$33529,'('63$&(686$%/(23(163$&(5(48,5('64)786$%/(23(163$&(3529,'('64)7%/2&.$/27 +$1',&$33$5.,1*,63529,'(',1$&&25'$1&(:,7+7$667$1'$5'6727$/3$5.,1*5(48,5(')255(67$85$17)255(7$,/)253$7,2,03(59,286685)$&(64)76725<5()),1$/'(6,*12)($&+%8,/',1*)25+(,*+763$&(6,17(5,25/$1'6&$3,1*5(48,5('64)7,17(5,25/$1'6&$3,1*3529,'('64)76)3$7,25(7$,/5(67$85$17 &6,7(3/$1 7KLVGRFXPHQWWRJHWKHUZLWKWKHFRQFHSWVDQGGHVLJQVSUHVHQWHGKHUHLQDVDQLQVWUXPHQWRIVHUYLFHLVLQWHQGHGRQO\IRUWKHVSHFLILFSXUSRVHDQGFOLHQWIRUZKLFKLWZDVSUHSDUHG5HXVHRIDQGLPSURSHUUHOLDQFHRQWKLVGRFXPHQWZLWKRXWZULWWHQDXWKRUL]DWLRQDQGDGDSWDWLRQE\.LPOH\+RUQDQG$VVRFLDWHV,QFVKDOOEHZLWKRXWOLDELOLW\WR.LPOH\+RUQDQG$VVRFLDWHV,QF %< '$7( $66+2:1 5(9,6,2161R'$7(6+((7180%(5&+(&.('%< 6&$/( '(6,*1('%< '5$:1%< .+$352-(&7 ($67'$9,6675((768,7(0&.,11(<7; 3+21()$; :::.,0/(<+251&207;) 5$. &$$ -&5 /$676$9(' 303/277('%< %(&./(55$&+(/30':*3$7+ .?0.1B&,9,/?*$7(62)35263(5?B3+$6(?&$'?3/$16+((76':*1$0( 6,7(3/$1':*>6LWH3ODQ@,0$*(6WRZQORJR;5()6[%UGU3+[VLWHSK[6WUP3+[VXUYSK[XWLOSK[VLWHOUF[VWULSLQJ[VWUPOUF[XWLOOUF[FUHHNV[KWFKSK *$7(62)35263(5 3+$6( 35263(57(;$6 .,0/(<+251$1'$662&,$7(6,1& -8/<$1<5(9,6,21727+,63/$1:,//5(48,5(72:1$33529$/$1':,//5(48,5(5(9,6,21672$1<&255(6321',1*3/$1672$92,'&21)/,&76%(7:((13/$16 '80367(56$1'75$6+&203$&72566+$//%(6&5((1(',1$&&25'$1&(:,7+7+(=21,1*25',1$1&($1<$'',7,21$/(1&/2685(6:,//5(48,5(5($33529$/%<72:167$)) 23(16725$*(:+(5(3(50,77('6+$//%(6&5((1(',1$&&25'$1&(:,7+7+(=21,1*25',1$1&( 287'225/,*+7,1*6+$//&203/<:,7+7+(/,*+7,1*$1'*/$5(67$1'$5'6&217$,1(':,7+,17+(=21,1*25',1$1&($1'68%',9,6,2125',1$1&( /$1'6&$3,1*6+$//&21)25072/$1'6&$3(3/$16$33529('%<7+(72:1 $//(/(9$7,2166+$//&203/<:,7+7+(67$1'$5'6&217$,1(':,7+,17+(=21,1*25',1$1&( %8,/',1*62)648$5()((725*5($7(56+$//%(),5(635,1./('$/7(51$7,9(),5(3527(&7,210($685(60$<%($33529('%<7+(),5('(3$570(17 ),5(/$1(66+$//%('(6,*1('$1'&216758&7('3(572:167$1'$5'625$6',5(&7('%<7+(),5('(3$570(17 7:232,1762)$&&(666+$//%(0$,17$,1(')257+(3523(57<$7$//7,0(6 63(('%8036+8036$5(1273(50,77(':,7+,1$),5(/$1( +$1',&$33('3$5.,1*$5($6$1'%8,/',1*$&&(66,%,/,7<6+$//&21)250727+($0(5,&$16:,7+',6$%,/,7,(6$&7$'$$1':,7+7+(5(48,5(0(1762)7+(&855(17$'237('%8,/',1*&2'( $//6,*1$*(,668%-(&772%8,/',1*2)),&,$/$33529$/ $//)(1&(6$1'5(7$,1,1*:$//66+$//%(6+2:1217+(6,7(3/$1$1'$5(68%-(&772%8,/',1*2)),&,$/$33529$/ $//(;7(5,25%8,/',1*0$7(5,$/6$5(68%-(&772%8,/',1*2)),&,$/$33529$/$1'6+$//&21)250727+($33529(')$d$'(3/$1 6,'(:$/.62)127/(667+$16,;)((7,1:,'7+$/21*7+2528*+)$5(6$1'&2//(&7256$1'),9()((7,1:,'7+$/21*5(6,'(17,$/675((76$1'%$55,(5)5((5$036$7$//&85%&5266,1*66+$//%(3529,'('3(572:167$1'$5'6 $33529$/2)7+(6,7(3/$1,6127),1$/817,/$//(1*,1((5,1*3/$16$5($33529('%<7+((1*,1((5,1*'(3$570(17 6,7(3/$1$33529$/,65(48,5('35,2572*5$',1*5(/($6( $//1(:(/(&75,&$//,1(66+$//%(,167$//('$1'255(/2&$7('81'(5*5281' $//0(&+$1,&$/(48,30(176+$//%(6&5((1(')52038%/,&9,(:,1$&&25'$1&(:,7+7+(=21,1*25',1$1&( $///$1'6&$3(($6(0(1760867%((;&/86,9(2)$1<27+(57<3(2)($6(0(17 ,03$&7)((6:,//%($66(66(',1$&&25'$1&(:,7+7+(/$1'86(&/$66,),&$7,216,'(17,),('217+(6,7('$7$6800$5<7$%/(+2:(9(5&+$1*(6727+(352326('/$1'86($77+(7,0(2)&2$1'25),1,6+2873(50,70$<5(68/7,1$'',7,21$/,03$&7)((6$1'253$5.,1*5(48,5(0(176 7+($33529$/2)$6,7(3/$16+$//%(())(&7,9()25$3(5,2'2)(,*+7((10217+6)5207+('$7(2)$33529$/%<7+(3/$11,1* =21,1*&200,66,21$77+((1'2):+,&+7,0(7+($33/,&$170867+$9(68%0,77('$1'5(&(,9('$33529$/2)(1*,1((5,1*3/$16$1'%8,/',1*3(50,76,)7+((1*,1((5,1*3/$16$1'%8,/',1*3(50,76$5(127$33529('7+(6,7(3/$1$33529$/72*(7+(5:,7+$1<35(/,0,1$5<6,7(3/$1)257+(3523(57<,618//$1'92,'72:16,7(3/$1127(6 *5$3+,&6&$/( 17686+:<81,9(56,7<%16)5$, / 5 2 $ ' %86&2/(0$172:12)35263(55,&+/$1'/29(56/1 /29(56/1&,7<2))5,6&267 $ 7 ( + : < 3 5 ( 6 7 2 1 9,&,1,7<$1'.(<0$37<37<3,&$/:$7(5($6(0(17:(6$1,7$5<6(:(5($6(0(1766(180%(52)3$5.,1*63$&(6;)+$&&(66,%/(3$5.,1*6<0%2/%$55,(5)5((5$03%)5(;,67,1*&217285/,1(0$-25(;,67,1*&217285/,1(0,125'5$,1$*(($6(0(17'(%$55,(5)5((5$03%)56,'(:$/.6:&85%,1/(7&,/(*(1'),5(+<'5$17(;,67,1*3$9(0(17)'&),5('(3$570(17&211(&7,21(;,67,1*(;352326('3523352326('),5(/$1(352326('%8,/',1*)/)/%8,/',1*/,1(6(7%$&.%/:0:<(,1/(7:,0$1+2/(0+*5$7(,1/(7*,-81&7,21%2;-%6$1,7$5<6(:(50$1+2/(&85%,1/(7*5$7(,1/(7+($':$//-81&7,21%2;25:<(,1/(7:$7(50(7(5$1'9$8/7%)5/,*+732/(/375$16)250(56:,7&+*($538//%2;%$55,(5)5((5$036<0%2/5()6+((7&,' %/2&.$7<3('20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&$$$$$$$$$$$$$6,=(/276$1,7$5<6(:(50(7(56&+('8/( ,55,*$7,21$1$5()(5(1&(6+((7&5()(5(1&(6+((7&6)5(7$,/6)5(676,7('$7$6800$5<7$%/(=21,1*352326('86(3'3'/27$5($64)7$1'$&6)$&%8,/',1*$5($JURVVVTXDUHIRRWDJH*6)%8,/',1*+(,*+7QXPEHURIVWRULHV0$;+(,*+7 /27&29(5$*()/225$5($5$7,2IRUQRQUHVLGHQWDLO]RQLQJ727$/3$5.,1*3529,'('685)$&(63$&(6727$/+$1',&$35(48,5('63$&(6727$/+$1',&$33529,'('63$&(686$%/(23(163$&(5(48,5('64)786$%/(23(163$&(3529,'('64)7%/2&.$/27 +$1',&$33$5.,1*,63529,'(',1$&&25'$1&(:,7+7$667$1'$5'6727$/3$5.,1*5(48,5(')255(67$85$17)255(7$,/)253$7,2,03(59,286685)$&(64)76725<5()),1$/'(6,*12)($&+%8,/',1*)25+(,*+763$&(6,17(5,25/$1'6&$3,1*5(48,5('64)7,17(5,25/$1'6&$3,1*3529,'('64)76)3$7,25(7$,/5(67$85$17 /3&RZER\V:D\)ULVFR7H[DV&RQWDFW1LFKRODV/LQN3KRQH.LPOH\+RUQDQG$VVRFLDWHV,QF(DVW'DYLV6WUHHW6XLWH0F.LQQH\7H[DV&RQWDFW-RH5LFFDUGL3(3KRQH/DQG&RUSRUDWLRQ,QF&RZER\V:D\)ULVFR7H[DV&RQWDFW1LFKRODV/LQN3KRQH &6,7(3/$1 7KLVGRFXPHQWWRJHWKHUZLWKWKHFRQFHSWVDQGGHVLJQVSUHVHQWHGKHUHLQDVDQLQVWUXPHQWRIVHUYLFHLVLQWHQGHGRQO\IRUWKHVSHFLILFSXUSRVHDQGFOLHQWIRUZKLFKLWZDVSUHSDUHG5HXVHRIDQGLPSURSHUUHOLDQFHRQWKLVGRFXPHQWZLWKRXWZULWWHQDXWKRUL]DWLRQDQGDGDSWDWLRQE\.LPOH\+RUQDQG$VVRFLDWHV,QFVKDOOEHZLWKRXWOLDELOLW\WR.LPOH\+RUQDQG$VVRFLDWHV,QF %< '$7( $66+2:1 5(9,6,2161R'$7(6+((7180%(5&+(&.('%< 6&$/( '(6,*1('%< '5$:1%< .+$352-(&7 ($67'$9,6675((768,7(0&.,11(<7; 3+21()$; :::.,0/(<+251&207;) 5$. &$$ -&5 /$676$9(' 303/277('%< %(&./(55$&+(/30':*3$7+ .?0.1B&,9,/?*$7(62)35263(5?B3+$6(?&$'?3/$16+((76':*1$0( 6,7(3/$1':*>6LWH3ODQ@,0$*(6WRZQORJR;5()6[%UGU3+[VLWHSK[6WUP3+[VXUYSK[XWLOSK[VLWHOUF[VWULSLQJ[VWUPOUF[XWLOOUF[FUHHNV[KWFKSK *$7(62)35263(5 3+$6( 35263(57(;$6 .,0/(<+251$1'$662&,$7(6,1& -8/<7<37<3,&$/:$7(5($6(0(17:(6$1,7$5<6(:(5($6(0(1766(180%(52)3$5.,1*63$&(6;)+$&&(66,%/(3$5.,1*6<0%2/%$55,(5)5((5$03%)5(;,67,1*&217285/,1(0$-25(;,67,1*&217285/,1(0,125'5$,1$*(($6(0(17'(%$55,(5)5((5$03%)56,'(:$/.6:&85%,1/(7&,/(*(1'),5(+<'5$17(;,67,1*3$9(0(17)'&),5('(3$570(17&211(&7,21(;,67,1*(;352326('3523352326('),5(/$1(352326('%8,/',1*)/)/%8,/',1*/,1(6(7%$&.%/:0:<(,1/(7:,0$1+2/(0+*5$7(,1/(7*,-81&7,21%2;-%6$1,7$5<6(:(50$1+2/(&85%,1/(7*5$7(,1/(7+($':$//-81&7,21%2;25:<(,1/(7:$7(50(7(5$1'9$8/7%)5/,*+732/(/375$16)250(56:,7&+*($538//%2;%$55,(5)5((5$036<0%2/5()6+((7&$1<5(9,6,21727+,63/$1:,//5(48,5(72:1$33529$/$1':,//5(48,5(5(9,6,21672$1<&255(6321',1*3/$1672$92,'&21)/,&76%(7:((13/$16 '80367(56$1'75$6+&203$&72566+$//%(6&5((1(',1$&&25'$1&(:,7+7+(=21,1*25',1$1&($1<$'',7,21$/(1&/2685(6:,//5(48,5(5($33529$/%<72:167$)) 23(16725$*(:+(5(3(50,77('6+$//%(6&5((1(',1$&&25'$1&(:,7+7+(=21,1*25',1$1&( 287'225/,*+7,1*6+$//&203/<:,7+7+(/,*+7,1*$1'*/$5(67$1'$5'6&217$,1(':,7+,17+(=21,1*25',1$1&($1'68%',9,6,2125',1$1&( /$1'6&$3,1*6+$//&21)25072/$1'6&$3(3/$16$33529('%<7+(72:1 $//(/(9$7,2166+$//&203/<:,7+7+(67$1'$5'6&217$,1(':,7+,17+(=21,1*25',1$1&( %8,/',1*62)648$5()((725*5($7(56+$//%(),5(635,1./('$/7(51$7,9(),5(3527(&7,210($685(60$<%($33529('%<7+(),5('(3$570(17 ),5(/$1(66+$//%('(6,*1('$1'&216758&7('3(572:167$1'$5'625$6',5(&7('%<7+(),5('(3$570(17 7:232,1762)$&&(666+$//%(0$,17$,1(')257+(3523(57<$7$//7,0(6 63(('%8036+8036$5(1273(50,77(':,7+,1$),5(/$1( +$1',&$33('3$5.,1*$5($6$1'%8,/',1*$&&(66,%,/,7<6+$//&21)250727+($0(5,&$16:,7+',6$%,/,7,(6$&7$'$$1':,7+7+(5(48,5(0(1762)7+(&855(17$'237('%8,/',1*&2'( $//6,*1$*(,668%-(&772%8,/',1*2)),&,$/$33529$/ $//)(1&(6$1'5(7$,1,1*:$//66+$//%(6+2:1217+(6,7(3/$1$1'$5(68%-(&772%8,/',1*2)),&,$/$33529$/ $//(;7(5,25%8,/',1*0$7(5,$/6$5(68%-(&772%8,/',1*2)),&,$/$33529$/$1'6+$//&21)250727+($33529(')$d$'(3/$1 6,'(:$/.62)127/(667+$16,;)((7,1:,'7+$/21*7+2528*+)$5(6$1'&2//(&7256$1'),9()((7,1:,'7+$/21*5(6,'(17,$/675((76$1'%$55,(5)5((5$036$7$//&85%&5266,1*66+$//%(3529,'('3(572:167$1'$5'6 $33529$/2)7+(6,7(3/$1,6127),1$/817,/$//(1*,1((5,1*3/$16$5($33529('%<7+((1*,1((5,1*'(3$570(17 6,7(3/$1$33529$/,65(48,5('35,2572*5$',1*5(/($6( $//1(:(/(&75,&$//,1(66+$//%(,167$//('$1'255(/2&$7('81'(5*5281' $//0(&+$1,&$/(48,30(176+$//%(6&5((1(')52038%/,&9,(:,1$&&25'$1&(:,7+7+(=21,1*25',1$1&( $///$1'6&$3(($6(0(1760867%((;&/86,9(2)$1<27+(57<3(2)($6(0(17 ,03$&7)((6:,//%($66(66(',1$&&25'$1&(:,7+7+(/$1'86(&/$66,),&$7,216,'(17,),('217+(6,7('$7$6800$5<7$%/(+2:(9(5&+$1*(6727+(352326('/$1'86($77+(7,0(2)&2$1'25),1,6+2873(50,70$<5(68/7,1$'',7,21$/,03$&7)((6$1'253$5.,1*5(48,5(0(176 7+($33529$/2)$6,7(3/$16+$//%(())(&7,9()25$3(5,2'2)(,*+7((10217+6)5207+('$7(2)$33529$/%<7+(3/$11,1* =21,1*&200,66,21$77+((1'2):+,&+7,0(7+($33/,&$170867+$9(68%0,77('$1'5(&(,9('$33529$/2)(1*,1((5,1*3/$16$1'%8,/',1*3(50,76,)7+((1*,1((5,1*3/$16$1'%8,/',1*3(50,76$5(127$33529('7+(6,7(3/$1$33529$/72*(7+(5:,7+$1<35(/,0,1$5<6,7(3/$1)257+(3523(57<,618//$1'92,'72:16,7(3/$1127(6 *5$3+,&6&$/( 17686+:<81,9(56,7<%16)5$, / 5 2 $ ' %86&2/(0$172:12)35263(55,&+/$1'/29(56/1 /29(56/1&,7<2))5,6&267 $ 7 ( + : < 3 5 ( 6 7 2 1 9,&,1,7<$1'.(<0$3,' %/2&.$7<3('20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&$$$$$$$$$$$$$6,=(/276$1,7$5<6(:(50(7(56&+('8/( ,55,*$7,21$1$5()(5(1&(6+((7&5()(5(1&(6+((7& /3&RZER\V:D\)ULVFR7H[DV&RQWDFW1LFKRODV/LQN3KRQH.LPOH\+RUQDQG$VVRFLDWHV,QF(DVW'DYLV6WUHHW6XLWH0F.LQQH\7H[DV&RQWDFW-RH5LFFDUGL3(3KRQH/DQG&RUSRUDWLRQ,QF&RZER\V:D\)ULVFR7H[DV&RQWDFW1LFKRODV/LQN3KRQH6)5(7$,/6)5(676,7('$7$6800$5<7$%/(=21,1*352326('86(3'3'/27$5($64)7$1'$&6)$&%8,/',1*$5($JURVVVTXDUHIRRWDJH*6)%8,/',1*+(,*+7QXPEHURIVWRULHV0$;+(,*+7 /27&29(5$*()/225$5($5$7,2IRUQRQUHVLGHQWDLO]RQLQJ727$/3$5.,1*3529,'('685)$&(63$&(6727$/+$1',&$35(48,5('63$&(6727$/+$1',&$33529,'('63$&(686$%/(23(163$&(5(48,5('64)786$%/(23(163$&(3529,'('64)7%/2&.$/27 +$1',&$33$5.,1*,63529,'(',1$&&25'$1&(:,7+7$667$1'$5'6727$/3$5.,1*5(48,5(')255(67$85$17)255(7$,/)253$7,2,03(59,286685)$&(64)76725<5()),1$/'(6,*12)($&+%8,/',1*)25+(,*+763$&(6,17(5,25/$1'6&$3,1*5(48,5('64)7,17(5,25/$1'6&$3,1*3529,'('64)76)3$7,25(7$,/5(67$85$17 &6,7(3/$1 7KLVGRFXPHQWWRJHWKHUZLWKWKHFRQFHSWVDQGGHVLJQVSUHVHQWHGKHUHLQDVDQLQVWUXPHQWRIVHUYLFHLVLQWHQGHGRQO\IRUWKHVSHFLILFSXUSRVHDQGFOLHQWIRUZKLFKLWZDVSUHSDUHG5HXVHRIDQGLPSURSHUUHOLDQFHRQWKLVGRFXPHQWZLWKRXWZULWWHQDXWKRUL]DWLRQDQGDGDSWDWLRQE\.LPOH\+RUQDQG$VVRFLDWHV,QFVKDOOEHZLWKRXWOLDELOLW\WR.LPOH\+RUQDQG$VVRFLDWHV,QF %< '$7( $66+2:1 5(9,6,2161R'$7(6+((7180%(5&+(&.('%< 6&$/( '(6,*1('%< '5$:1%< .+$352-(&7 ($67'$9,6675((768,7(0&.,11(<7; 3+21()$; :::.,0/(<+251&207;) 5$. &$$ -&5 /$676$9(' 303/277('%< %(&./(55$&+(/30':*3$7+ .?0.1B&,9,/?*$7(62)35263(5?B3+$6(?&$'?3/$16+((76':*1$0( 6,7(3/$1':*>6LWH3ODQ@,0$*(6WRZQORJR;5()6[%UGU3+[VLWHSK[6WUP3+[VXUYSK[XWLOSK[VLWHOUF[VWULSLQJ[VWUPOUF[XWLOOUF[FUHHNV[KWFKSK *$7(62)35263(5 3+$6( 35263(57(;$6 .,0/(<+251$1'$662&,$7(6,1& -8/<7<37<3,&$/:$7(5($6(0(17:(6$1,7$5<6(:(5($6(0(1766(180%(52)3$5.,1*63$&(6;)+$&&(66,%/(3$5.,1*6<0%2/%$55,(5)5((5$03%)5(;,67,1*&217285/,1(0$-25(;,67,1*&217285/,1(0,125'5$,1$*(($6(0(17'(%$55,(5)5((5$03%)56,'(:$/.6:&85%,1/(7&,/(*(1'),5(+<'5$17(;,67,1*3$9(0(17)'&),5('(3$570(17&211(&7,21(;,67,1*(;352326('3523352326('),5(/$1(352326('%8,/',1*)/)/%8,/',1*/,1(6(7%$&.%/:0:<(,1/(7:,0$1+2/(0+*5$7(,1/(7*,-81&7,21%2;-%6$1,7$5<6(:(50$1+2/(&85%,1/(7*5$7(,1/(7+($':$//-81&7,21%2;25:<(,1/(7:$7(50(7(5$1'9$8/7%)5/,*+732/(/375$16)250(56:,7&+*($538//%2;%$55,(5)5((5$036<0%2/5()6+((7&$1<5(9,6,21727+,63/$1:,//5(48,5(72:1$33529$/$1':,//5(48,5(5(9,6,21672$1<&255(6321',1*3/$1672$92,'&21)/,&76%(7:((13/$16 '80367(56$1'75$6+&203$&72566+$//%(6&5((1(',1$&&25'$1&(:,7+7+(=21,1*25',1$1&($1<$'',7,21$/(1&/2685(6:,//5(48,5(5($33529$/%<72:167$)) 23(16725$*(:+(5(3(50,77('6+$//%(6&5((1(',1$&&25'$1&(:,7+7+(=21,1*25',1$1&( 287'225/,*+7,1*6+$//&203/<:,7+7+(/,*+7,1*$1'*/$5(67$1'$5'6&217$,1(':,7+,17+(=21,1*25',1$1&($1'68%',9,6,2125',1$1&( /$1'6&$3,1*6+$//&21)25072/$1'6&$3(3/$16$33529('%<7+(72:1 $//(/(9$7,2166+$//&203/<:,7+7+(67$1'$5'6&217$,1(':,7+,17+(=21,1*25',1$1&( %8,/',1*62)648$5()((725*5($7(56+$//%(),5(635,1./('$/7(51$7,9(),5(3527(&7,210($685(60$<%($33529('%<7+(),5('(3$570(17 ),5(/$1(66+$//%('(6,*1('$1'&216758&7('3(572:167$1'$5'625$6',5(&7('%<7+(),5('(3$570(17 7:232,1762)$&&(666+$//%(0$,17$,1(')257+(3523(57<$7$//7,0(6 63(('%8036+8036$5(1273(50,77(':,7+,1$),5(/$1( +$1',&$33('3$5.,1*$5($6$1'%8,/',1*$&&(66,%,/,7<6+$//&21)250727+($0(5,&$16:,7+',6$%,/,7,(6$&7$'$$1':,7+7+(5(48,5(0(1762)7+(&855(17$'237('%8,/',1*&2'( $//6,*1$*(,668%-(&772%8,/',1*2)),&,$/$33529$/ $//)(1&(6$1'5(7$,1,1*:$//66+$//%(6+2:1217+(6,7(3/$1$1'$5(68%-(&772%8,/',1*2)),&,$/$33529$/ $//(;7(5,25%8,/',1*0$7(5,$/6$5(68%-(&772%8,/',1*2)),&,$/$33529$/$1'6+$//&21)250727+($33529(')$d$'(3/$1 6,'(:$/.62)127/(667+$16,;)((7,1:,'7+$/21*7+2528*+)$5(6$1'&2//(&7256$1'),9()((7,1:,'7+$/21*5(6,'(17,$/675((76$1'%$55,(5)5((5$036$7$//&85%&5266,1*66+$//%(3529,'('3(572:167$1'$5'6 $33529$/2)7+(6,7(3/$1,6127),1$/817,/$//(1*,1((5,1*3/$16$5($33529('%<7+((1*,1((5,1*'(3$570(17 6,7(3/$1$33529$/,65(48,5('35,2572*5$',1*5(/($6( $//1(:(/(&75,&$//,1(66+$//%(,167$//('$1'255(/2&$7('81'(5*5281' $//0(&+$1,&$/(48,30(176+$//%(6&5((1(')52038%/,&9,(:,1$&&25'$1&(:,7+7+(=21,1*25',1$1&( $///$1'6&$3(($6(0(1760867%((;&/86,9(2)$1<27+(57<3(2)($6(0(17 ,03$&7)((6:,//%($66(66(',1$&&25'$1&(:,7+7+(/$1'86(&/$66,),&$7,216,'(17,),('217+(6,7('$7$6800$5<7$%/(+2:(9(5&+$1*(6727+(352326('/$1'86($77+(7,0(2)&2$1'25),1,6+2873(50,70$<5(68/7,1$'',7,21$/,03$&7)((6$1'253$5.,1*5(48,5(0(176 7+($33529$/2)$6,7(3/$16+$//%(())(&7,9()25$3(5,2'2)(,*+7((10217+6)5207+('$7(2)$33529$/%<7+(3/$11,1* =21,1*&200,66,21$77+((1'2):+,&+7,0(7+($33/,&$170867+$9(68%0,77('$1'5(&(,9('$33529$/2)(1*,1((5,1*3/$16$1'%8,/',1*3(50,76,)7+((1*,1((5,1*3/$16$1'%8,/',1*3(50,76$5(127$33529('7+(6,7(3/$1$33529$/72*(7+(5:,7+$1<35(/,0,1$5<6,7(3/$1)257+(3523(57<,618//$1'92,'72:16,7(3/$1127(6 *5$3+,&6&$/( 17686+:<81,9(56,7<%16)5$, / 5 2 $ ' %86&2/(0$172:12)35263(55,&+/$1'/29(56/1 /29(56/1&,7<2))5,6&267 $ 7 ( + : < 3 5 ( 6 7 2 1 9,&,1,7<$1'.(<0$3,' %/2&.$7<3('20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&$$$$$$$$$$$$$6,=(/276$1,7$5<6(:(50(7(56&+('8/( ,55,*$7,21$1$5()(5(1&(6+((7&5()(5(1&(6+((7&5()(5(1&(6+((7&5()(5(1&(6+((7& /3&RZER\V:D\)ULVFR7H[DV&RQWDFW1LFKRODV/LQN3KRQH.LPOH\+RUQDQG$VVRFLDWHV,QF(DVW'DYLV6WUHHW6XLWH0F.LQQH\7H[DV&RQWDFW-RH5LFFDUGL3(3KRQH/DQG&RUSRUDWLRQ,QF&RZER\V:D\)ULVFR7H[DV&RQWDFW1LFKRODV/LQN3KRQH6)5(7$,/6)5(676,7('$7$6800$5<7$%/(=21,1*352326('86(3'3'/27$5($64)7$1'$&6)$&%8,/',1*$5($JURVVVTXDUHIRRWDJH*6)%8,/',1*+(,*+7QXPEHURIVWRULHV0$;+(,*+7 /27&29(5$*()/225$5($5$7,2IRUQRQUHVLGHQWDLO]RQLQJ727$/3$5.,1*3529,'('685)$&(63$&(6727$/+$1',&$35(48,5('63$&(6727$/+$1',&$33529,'('63$&(686$%/(23(163$&(5(48,5('64)786$%/(23(163$&(3529,'('64)7%/2&.$/27 +$1',&$33$5.,1*,63529,'(',1$&&25'$1&(:,7+7$667$1'$5'6727$/3$5.,1*5(48,5(')255(67$85$17)255(7$,/)253$7,2,03(59,286685)$&(64)76725<5()),1$/'(6,*12)($&+%8,/',1*)25+(,*+763$&(6,17(5,25/$1'6&$3,1*5(48,5('64)7,17(5,25/$1'6&$3,1*3529,'('64)76)3$7,25(7$,/5(67$85$17 &6,7(3/$1 7KLVGRFXPHQWWRJHWKHUZLWKWKHFRQFHSWVDQGGHVLJQVSUHVHQWHGKHUHLQDVDQLQVWUXPHQWRIVHUYLFHLVLQWHQGHGRQO\IRUWKHVSHFLILFSXUSRVHDQGFOLHQWIRUZKLFKLWZDVSUHSDUHG5HXVHRIDQGLPSURSHUUHOLDQFHRQWKLVGRFXPHQWZLWKRXWZULWWHQDXWKRUL]DWLRQDQGDGDSWDWLRQE\.LPOH\+RUQDQG$VVRFLDWHV,QFVKDOOEHZLWKRXWOLDELOLW\WR.LPOH\+RUQDQG$VVRFLDWHV,QF %< '$7( $66+2:1 5(9,6,2161R'$7(6+((7180%(5&+(&.('%< 6&$/( '(6,*1('%< '5$:1%< .+$352-(&7 ($67'$9,6675((768,7(0&.,11(<7; 3+21()$; :::.,0/(<+251&207;) 5$. &$$ -&5 /$676$9(' 303/277('%< %(&./(55$&+(/30':*3$7+ .?0.1B&,9,/?*$7(62)35263(5?B3+$6(?&$'?3/$16+((76':*1$0( 6,7(3/$1':*>6LWH3ODQ@,0$*(6WRZQORJR;5()6[%UGU3+[VLWHSK[6WUP3+[VXUYSK[XWLOSK[VLWHOUF[VWULSLQJ[VWUPOUF[XWLOOUF[FUHHNV[KWFKSK *$7(62)35263(5 3+$6( 35263(57(;$6 .,0/(<+251$1'$662&,$7(6,1& -8/<7<37<3,&$/:$7(5($6(0(17:(6$1,7$5<6(:(5($6(0(1766(180%(52)3$5.,1*63$&(6;)+$&&(66,%/(3$5.,1*6<0%2/%$55,(5)5((5$03%)5(;,67,1*&217285/,1(0$-25(;,67,1*&217285/,1(0,125'5$,1$*(($6(0(17'(%$55,(5)5((5$03%)56,'(:$/.6:&85%,1/(7&,/(*(1'),5(+<'5$17(;,67,1*3$9(0(17)'&),5('(3$570(17&211(&7,21(;,67,1*(;352326('3523352326('),5(/$1(352326('%8,/',1*)/)/%8,/',1*/,1(6(7%$&.%/:0:<(,1/(7:,0$1+2/(0+*5$7(,1/(7*,-81&7,21%2;-%6$1,7$5<6(:(50$1+2/(&85%,1/(7*5$7(,1/(7+($':$//-81&7,21%2;25:<(,1/(7:$7(50(7(5$1'9$8/7%)5/,*+732/(/375$16)250(56:,7&+*($538//%2;%$55,(5)5((5$036<0%2/5()6+((7&$1<5(9,6,21727+,63/$1:,//5(48,5(72:1$33529$/$1':,//5(48,5(5(9,6,21672$1<&255(6321',1*3/$1672$92,'&21)/,&76%(7:((13/$16 '80367(56$1'75$6+&203$&72566+$//%(6&5((1(',1$&&25'$1&(:,7+7+(=21,1*25',1$1&($1<$'',7,21$/(1&/2685(6:,//5(48,5(5($33529$/%<72:167$)) 23(16725$*(:+(5(3(50,77('6+$//%(6&5((1(',1$&&25'$1&(:,7+7+(=21,1*25',1$1&( 287'225/,*+7,1*6+$//&203/<:,7+7+(/,*+7,1*$1'*/$5(67$1'$5'6&217$,1(':,7+,17+(=21,1*25',1$1&($1'68%',9,6,2125',1$1&( /$1'6&$3,1*6+$//&21)25072/$1'6&$3(3/$16$33529('%<7+(72:1 $//(/(9$7,2166+$//&203/<:,7+7+(67$1'$5'6&217$,1(':,7+,17+(=21,1*25',1$1&( %8,/',1*62)648$5()((725*5($7(56+$//%(),5(635,1./('$/7(51$7,9(),5(3527(&7,210($685(60$<%($33529('%<7+(),5('(3$570(17 ),5(/$1(66+$//%('(6,*1('$1'&216758&7('3(572:167$1'$5'625$6',5(&7('%<7+(),5('(3$570(17 7:232,1762)$&&(666+$//%(0$,17$,1(')257+(3523(57<$7$//7,0(6 63(('%8036+8036$5(1273(50,77(':,7+,1$),5(/$1( +$1',&$33('3$5.,1*$5($6$1'%8,/',1*$&&(66,%,/,7<6+$//&21)250727+($0(5,&$16:,7+',6$%,/,7,(6$&7$'$$1':,7+7+(5(48,5(0(1762)7+(&855(17$'237('%8,/',1*&2'( $//6,*1$*(,668%-(&772%8,/',1*2)),&,$/$33529$/ $//)(1&(6$1'5(7$,1,1*:$//66+$//%(6+2:1217+(6,7(3/$1$1'$5(68%-(&772%8,/',1*2)),&,$/$33529$/ $//(;7(5,25%8,/',1*0$7(5,$/6$5(68%-(&772%8,/',1*2)),&,$/$33529$/$1'6+$//&21)250727+($33529(')$d$'(3/$1 6,'(:$/.62)127/(667+$16,;)((7,1:,'7+$/21*7+2528*+)$5(6$1'&2//(&7256$1'),9()((7,1:,'7+$/21*5(6,'(17,$/675((76$1'%$55,(5)5((5$036$7$//&85%&5266,1*66+$//%(3529,'('3(572:167$1'$5'6 $33529$/2)7+(6,7(3/$1,6127),1$/817,/$//(1*,1((5,1*3/$16$5($33529('%<7+((1*,1((5,1*'(3$570(17 6,7(3/$1$33529$/,65(48,5('35,2572*5$',1*5(/($6( $//1(:(/(&75,&$//,1(66+$//%(,167$//('$1'255(/2&$7('81'(5*5281' $//0(&+$1,&$/(48,30(176+$//%(6&5((1(')52038%/,&9,(:,1$&&25'$1&(:,7+7+(=21,1*25',1$1&( $///$1'6&$3(($6(0(1760867%((;&/86,9(2)$1<27+(57<3(2)($6(0(17 ,03$&7)((6:,//%($66(66(',1$&&25'$1&(:,7+7+(/$1'86(&/$66,),&$7,216,'(17,),('217+(6,7('$7$6800$5<7$%/(+2:(9(5&+$1*(6727+(352326('/$1'86($77+(7,0(2)&2$1'25),1,6+2873(50,70$<5(68/7,1$'',7,21$/,03$&7)((6$1'253$5.,1*5(48,5(0(176 7+($33529$/2)$6,7(3/$16+$//%(())(&7,9()25$3(5,2'2)(,*+7((10217+6)5207+('$7(2)$33529$/%<7+(3/$11,1* =21,1*&200,66,21$77+((1'2):+,&+7,0(7+($33/,&$170867+$9(68%0,77('$1'5(&(,9('$33529$/2)(1*,1((5,1*3/$16$1'%8,/',1*3(50,76,)7+((1*,1((5,1*3/$16$1'%8,/',1*3(50,76$5(127$33529('7+(6,7(3/$1$33529$/72*(7+(5:,7+$1<35(/,0,1$5<6,7(3/$1)257+(3523(57<,618//$1'92,'72:16,7(3/$1127(6 *5$3+,&6&$/( 17686+:<81,9(56,7<%16)5$, / 5 2 $ ' %86&2/(0$172:12)35263(55,&+/$1'/29(56/1 /29(56/1&,7<2))5,6&267 $ 7 ( + : < 3 5 ( 6 7 2 1 9,&,1,7<$1'.(<0$3,' %/2&.$7<3('20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&'20(67,&$$$$$$$$$$$$$6,=(/276$1,7$5<6(:(50(7(56&+('8/( ,55,*$7,21$1$5()(5(1&(6+((7&5()(5(1&(6+((7& /3&RZER\V:D\)ULVFR7H[DV&RQWDFW1LFKRODV/LQN3KRQH.LPOH\+RUQDQG$VVRFLDWHV,QF(DVW'DYLV6WUHHW6XLWH0F.LQQH\7H[DV&RQWDFW-RH5LFFDUGL3(3KRQH/DQG&RUSRUDWLRQ,QF&RZER\V:D\)ULVFR7H[DV&RQWDFW1LFKRODV/LQN3KRQH6)5(7$,/6)5(676,7('$7$6800$5<7$%/(=21,1*352326('86(3'3'/27$5($64)7$1'$&6)$&%8,/',1*$5($JURVVVTXDUHIRRWDJH*6)%8,/',1*+(,*+7QXPEHURIVWRULHV0$;+(,*+7 /27&29(5$*()/225$5($5$7,2IRUQRQUHVLGHQWDLO]RQLQJ727$/3$5.,1*3529,'('685)$&(63$&(6727$/+$1',&$35(48,5('63$&(6727$/+$1',&$33529,'('63$&(686$%/(23(163$&(5(48,5('64)786$%/(23(163$&(3529,'('64)7%/2&.$/27 +$1',&$33$5.,1*,63529,'(',1$&&25'$1&(:,7+7$667$1'$5'6727$/3$5.,1*5(48,5(')255(67$85$17)255(7$,/)253$7,2,03(59,286685)$&(64)76725<5()),1$/'(6,*12)($&+%8,/',1*)25+(,*+763$&(6,17(5,25/$1'6&$3,1*5(48,5('64)7,17(5,25/$1'6&$3,1*3529,'('64)76)3$7,25(7$,/5(67$85$17 3DJHRI 7R 3ODQQLQJ =RQLQJ&RPPLVVLRQ ,WHP1RG )URP 6FRWW,QJDOOV$,&36HQLRU3ODQQHU 7KURXJK $OH[*OXVKNR$,&33ODQQLQJ0DQDJHU 5H 3ODQQLQJ =RQLQJ&RPPLVVLRQ0HHWLQJ±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oDGH DQG DGGUHVVSODQ 7RZQVWDIIDSSURYDORIDOOILUHK\GUDQWVILUHGHSDUWPHQWFRQQHFWLRQV)'&DQGILUHODQHV LQFOXGLQJZLGWKVUDGLLDQGORFDWLRQ Prosper is a place where everyone matters. 3/$11,1* '),)7+676(9(17+67&2/(0$167 6,;7+673$59,167 &+85&+67 0$,167 (,*+7+67*25*(2865'1257+67'5$*21)/<'56+$5(''5,9(:$<0&.,1/(< 6 7 7(&+12/2*</1 &$//$/,/</1 %877(5)/<%/9'),)7+67±)HHW 6,7(9,&,1,7<0$3126&$/(5(9,6-$18$5<-('725()/(&7/205())(&7,9()/22'3/$,15(7$,/6725(6)))(*25*(28652$'0F.,1/(<675((7&2/(0$1675((7 6,7(3/$1*22':,//35263(5$'',7,21%/2&.$/2772:1352-(&7'-8/<*5266$&5(61(7$&5(6 *22':,//,1'8675,(62)1257+($677(;$635263(55(7$,/6725( '21$7,21&(17(56,7(3/$1&'(6,*1 3DJHRI 7R 3ODQQLQJ =RQLQJ&RPPLVVLRQ ,WHP1RH )URP 6FRWW,QJDOOV$,&36HQLRU3ODQQHU 7KURXJK $OH[*OXVKNR$,&33ODQQLQJ0DQDJHU 5H 3ODQQLQJ =RQLQJ&RPPLVVLRQ0HHWLQJ±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rosper is a place where everyone matters. 3/$11,1* '),)7+676(9(17+67&2/(0$167 6,;7+673$59,167 &+85&+67 0$,167 (,*+7+67*25*(2865'1257+67'5$*21)/<'56+$5(''5,9(:$<0&.,1/(< 6 7 7(&+12/2*</1 &$//$/,/</1 %877(5)/<%/9'),)7+67±)HHW 3DJHRI 7R 3ODQQLQJ =RQLQJ&RPPLVVLRQ ,WHP1RI )URP 3DPHOD&ODUN3ODQQLQJ*,66SHFLDOLVW 7KURXJK $OH[*OXVKNR$,&33ODQQLQJ0DQDJHU 5H 3ODQQLQJ =RQLQJ&RPPLVVLRQ0HHWLQJ±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rosper is a place where everyone matters. 3/$11,1* '&2,75'81,9(56,7<'55,&+/$1'%/9'86+,*+:$<35263(5&200216%/9' &2,75'5,&+/$1'%/9'±)HHW HARRISON JAM ISON SURVEYABSTRACT NO . 480 675((7($6(0(17&&&,12235&&7 :$7(5($6(0(17&&&,12235&&7 :$7(5(607 &&&,12 235&&7 ; :$7(5(607&&&,12235&&7 :$7(5(607 &&&,12 235&&7/27%/2&.%35263(5&200216&&&,12235&&786+,*+:$<12 :,'(&21752//('$&&(6652:$/62.12:1$681,9(56,7<'5,9(92/3* 92/3*'5&&752:'(',&$7,21 &&&,12 235&&7+$55,621-$0,6216859(<$,&:,//,$06216859(<$&/&/ /27%/2&.%35263(5&200216&&&,12235&&7 ; :$7(5(607&&&,12235&&7$%$1'21('%<7+,63/$7 87,/,7<(607&&&,12235&&7$3352;/2&$7,212)$%675$&7/,1( ; :$7(5(607&&&,12235&&7 ),5(/$1( 87,/,7<(607 1 :a 1 (a & / //////6 :a 1 :a 6 (a /$1'6&$3((6076 : &$//('$&5(667$7(2)7(;$692/3*'5&&7 ; :$7(5(607&&&,12235&&7 '5$,1$*((607&&&,12BBBBBBBB235&&7 :$7(5(607&&&,12BBBBBBBBB235&&7 ; :$7(5(607 &&&,12BBBBBBBBB 235&&7 :$7(5(607 &&&,12BBBBBBBBB 235&&7 ; :$7(5(607 &&&,12BBBBBBBBB 235&&7 /$1'6&$3((607 &&&,12BBBBBBBBBBBB 235&&7 $&&(66),5(/$1($1'87,/,7<(607&&&,12BBBBBBBBB235&&7 /$1'6&$3((607&&&,12BBBBBBBBBBBB235&&7 ),5(/$1( 87,/,7<(607$&&(66),5(/$1($1'87,/,7<(607&&&,12235&&7 :$7(5(607:$7(5(6071 (a / ),5(/$1( 87,/,7<($6(0(17&&&,12BBBBBBBBBBBB235&&7/27%/2&.%35263(5&200216&&&,12BBBBBBBBBBB235&&7/27%/2&.%35263(5&200216&&&,12BBBBBBBBBBBB235&&7/27%/2&.%35263(5&200216&&&,12BBBBBBBBBBBBB235&&7 :$7(5(607&&&,12BBBBBBBBB235&&7 ),5(/$1( 87,/,7<($6(0(17&&&,12BBBBBBBBBBBB235&&7 ),5(/$1( 87,/,7<($6(0(17&&&,12BBBBBBBBBBBB235&&7OVER 25 YEARS OF SERVICES *5$3+,&6&$/(,1)((7 &0&21752//,1*02180(17235&&72)),&,$/38%/,&5(&25'6&2//,1&2817<7(;$6&,5) ,52152')281':,7+&$3&,56,52152':&$367$03('63221(56(7 /(*(1' / $5&/(1*7+2) &&&,12&2//,1&2817<&/(5. 6,167580(17180%(592/92/80(3*3$*(32,172)%(*,11,1*ΎKtEZΖ^Zd/&/d/KEΎ^ddK&dy^ΑKhEdzK&K>>/EΑt,Z^ϯ/',dzK/dWZdEZ^͕>WĂƌĞƚŚĞƐŽůĞŽǁŶĞƌƐŽĨĂϭ͘ϮϭϬϬĂĐƌĞƚƌĂĐƚŽĨůĂŶĚůŽĐĂƚĞĚŝŶƚŚĞ,ĂƌƌŝƐŽŶ:ĂŵŝƐŽŶ^ƵƌǀĞǇ͕ďƐƚƌĂĐƚEŽ͘ϰϴϬ͕dŽǁŶŽĨWƌŽƐƉĞƌ͕ŽůůŝŶŽƵŶƚǇ͕dĞǆĂƐ͕ƐĂŝĚϭ͘ϮϭϬϬĂĐƌĞƚƌĂĐƚŽĨůĂŶĚďĞŝŶŐĂůůŽĨ>Kdϲ͕>K<͕WZK^WZKDDKE^͕ďĞŝŶŐĂŶĚĚŝƚŝŽŶƚŽƚŚĞƐĂŝĚdŽǁŶĂŶĚ^ƚĂƚĞ͕ĂĐĐŽƌĚŝŶŐƚŽƚŚĞĐŽŶǀĞǇĂŶĐĞƉůĂƚƚŚĞƌĞŽĨĨŝůĞĚĨŽƌƌĞĐŽƌĚŝŶŽůůŝŶŽƵŶƚǇůĞƌŬΖƐ/ŶƐƚƌƵŵĞŶƚEŽ͘ϮϬϭϴͲϵϮϮ͕KĨĨŝĐŝĂůWƵďůŝĐZĞĐŽƌĚƐ͕ŽůůŝŶŽƵŶƚǇ͕dĞǆĂƐ;K͘W͘Z͘͘͘d͘Ϳ͕ƐĂŝĚϭ͘ϮϭϬϬĂĐƌĞƚƌĂĐƚŽĨůĂŶĚĂůƐŽďĞŝŶŐĂƉŽƌƚŝŽŶŽĨƚŚĂƚĐĞƌƚĂŝŶƚƌĂĐƚŽĨůĂŶĚĐŽŶǀĞǇĞĚƚŽϯ/',dzK/dWZdEZ^͕>W͕ďǇĚĞĞĚƚŚĞƌĞŽĨĨŝůĞĚĨŽƌƌĞĐŽƌĚŝŶŽůůŝŶŽƵŶƚǇůĞƌŬΖƐ/ŶƐƚƌƵŵĞŶƚEŽ͘ϮϬϭϳϬϲϮϬϬϬϬϴϬϯϬϱϬ͕K͘W͘Z͘͘͘d͕͘ƐĂŝĚϭ͘ϮϭϬϬĂĐƌĞƚƌĂĐƚŽĨůĂŶĚďĞŝŶŐŵŽƌĞƉĂƌƚŝĐƵůĂƌůǇĚĞƐĐƌŝďĞĚďǇŵĞƚĞƐĂŶĚďŽƵŶĚƐĂƐĨŽůůŽǁƐ͗KDDE/E'Ăƚ Ă ϱͬϴ ŝŶĐŚ ŝƌŽŶ ƌŽĚ ǁŝƚŚ Ă ĐĂƉ ƐƚĂŵƉĞĚ Η<,Η ĨŽƵŶĚ ;ŽŶƚƌŽůůŝŶŐ DŽŶƵŵĞŶƚͿ Ăƚ ĂƐŽƵƚŚĞĂƐƚůŽƚĐŽƌŶĞƌŽĨ>Žƚϳ͕ŽĨƐĂŝĚůŽĐŬ͕ƐĂŵĞďĞŝŶŐĂƚƚŚĞŶŽƌƚŚĞƌůǇĞŶĚŽĨĂĐŽƌŶĞƌĐůŝƉůŽĐĂƚĞĚĂƚƚŚĞŝŶƚĞƌƐĞĐƚŝŽŶŽĨƚŚĞǁĞƐƚƌŝŐŚƚͲŽĨͲǁĂǇůŝŶĞŽĨŽŝƚZŽĂĚ;ďĞŝŶŐĂǀĂƌŝĂďůĞǁŝĚƚŚƉƵďůŝĐƌŝŐŚƚͲŽĨͲǁĂǇ͕ĂƉŽƌƚŝŽŶŽĨƐĂŝĚƌŝŐŚƚͲŽĨͲǁĂǇďĞŝŶŐĐŽŶǀĞǇĞĚďǇƚŚĞĚĞĞĚƐƚŚĞƌĞŽĨĨŝůĞĚĨŽƌƌĞĐŽƌĚŝŶsŽůƵŵĞϱϴϰϰ͕WĂŐĞϰϱϬϬ͕ĞĞĚZĞĐŽƌĚƐ͕ŽůůŝŶŽƵŶƚǇ͕dĞǆĂƐ͕ĂŶĚŽůůŝŶŽƵŶƚǇůĞƌŬΖƐ/ŶƐƚƌƵŵĞŶƚEŽ͘ϮϬϭϭϬϬϭϳϬϬϭϭϬϵϭϵϬ͕K͘W͘Z͘͘͘d͘ͿĂŶĚƚŚĞŶŽƌƚŚƌŝŐŚƚͲŽĨͲǁĂǇůŝŶĞŽĨh͘^͘,ŝŐŚǁĂǇEŽ͘ϯϴϬ;ďĞŝŶŐĂǀĂƌŝĂďůĞǁŝĚƚŚƉƵďůŝĐƌŝŐŚƚͲŽĨͲǁĂǇǁŝƚŚĐŽŶƚƌŽůůĞĚĂĐĐĞƐƐĂůƐŽŬŶŽǁŶĂƐhŶŝǀĞƌƐŝƚǇƌŝǀĞ͕ĂƉŽƌƚŝŽŶŽĨƐĂŝĚƌŝŐŚƚͲŽĨͲǁĂǇďĞŝŶŐĐŽŶǀĞǇĞĚďǇƚŚĞĚĞĞĚƐƚŚĞƌĞŽĨĨŝůĞĚĨŽƌƌĞĐŽƌĚŝŶsŽůƵŵĞϯϭϯ͕WĂŐĞϯϮϭ͕ĂŶĚsŽůƵŵĞϯϰϱϱ͕WĂŐĞϯϳϯ͕ĞĞĚZĞĐŽƌĚƐ͕ŽůůŝŶŽƵŶƚǇ͕dĞǆĂƐͿ͖d,E^ŽƵƚŚϰϰΣϭϱΖϯϲΗtĞƐƚ͕ĂůŽŶŐƚŚĞƐŽƵƚŚĞĂƐƚůŽƚůŝŶĞŽĨƐĂŝĚ>ŽƚϳĂŶĚĂůŽŶŐƚŚĞƐĂŝĚĐŽƌŶĞƌĐůŝƉ͕ĂĚŝƐƚĂŶĐĞŽĨϰϬ͘ϭϯĨĞĞƚƚŽĂϭͬϮŝŶĐŚŝƌŽŶƌŽĚǁŝƚŚĂĐĂƉƐƚĂŵƉĞĚΗΗĨŽƵŶĚĂƚƚŚĞŵŽƐƚƐŽƵƚŚĞƌůǇƐŽƵƚŚĞĂƐƚůŽƚĐŽƌŶĞƌŽĨƐĂŝĚ>Žƚϳ͕ƐĂŵĞďĞŝŶŐĂƚƚŚĞƐŽƵƚŚĞƌůǇĞŶĚŽĨƚŚĞƐĂŝĚĐŽƌŶĞƌĐůŝƉ͖d,E^ŽƵƚŚϴϵΣϯϯΖϱϲΗtĞƐƚ͕ĂůŽŶŐƚŚĞƐŽƵƚŚůŽƚůŝŶĞŽĨƐĂŝĚ>ŽƚϳĂŶĚĂůŽŶŐƚŚĞƐĂŝĚŶŽƌƚŚƌŝŐŚƚͲŽĨͲǁĂǇůŝŶĞŽĨh͘^͘,ŝŐŚǁĂǇEŽ͘ϯϴϬ͕ĂĚŝƐƚĂŶĐĞŽĨϭϴϱ͘ϴϲĨĞĞƚƚŽĂϱͬϴŝŶĐŚŝƌŽŶƌŽĚǁŝƚŚĐĂƉƐƚĂŵƉĞĚΗ^WKKEZϱϵϮϮΗƐĞƚ;ŚĞƌĞŝŶĂĨƚĞƌƌĞĨĞƌƌĞĚƚŽĂƐĂŶŝƌŽŶƌŽĚƐĞƚͿĂƚƚŚĞƐŽƵƚŚǁĞƐƚůŽƚĐŽƌŶĞƌŽĨƐĂŝĚ>Žƚϳ͕ƐĂŵĞďĞŝŶŐƚŚĞƐŽƵƚŚĞĂƐƚůŽƚĐŽƌŶĞƌŽĨƐĂŝĚ>Žƚϲ͕ĂŶĚďĞŝŶŐĂƚƚŚĞWK/EdK&'/EE/E'ŽĨƚŚĞŚĞƌĞŝŶĚĞƐĐƌŝďĞĚƚƌĂĐƚŽĨůĂŶĚ͖d,E^ŽƵƚŚϴϵΣϯϯΖϱϲΗtĞƐƚ͕ĂůŽŶŐƚŚĞƐŽƵƚŚůŽƚůŝŶĞŽĨƐĂŝĚ>ŽƚϲĂŶĚĂůŽŶŐƚŚĞƐĂŝĚŶŽƌƚŚƌŝŐŚƚͲŽĨͲǁĂǇůŝŶĞ͕ĂĚŝƐƚĂŶĐĞŽĨϮϬϬ͘ϬϬĨĞĞƚƚŽĂŶŝƌŽŶƌŽĚƐĞƚĂƚƚŚĞƐŽƵƚŚǁĞƐƚůŽƚĐŽƌŶĞƌŽĨƐĂŝĚ>Žƚϲ͕ƐĂŵĞďĞŝŶŐƚŚĞƐŽƵƚŚĞĂƐƚůŽƚĐŽƌŶĞƌŽĨ>Žƚϱ͕ŽĨƐĂŝĚůŽĐŬ͕ĨƌŽŵǁŚŝĐŚĂϱͬϴŝŶĐŚŝƌŽŶƌŽĚǁŝƚŚĂĐĂƉƐƚĂŵƉĞĚΗ<,ΗĨŽƵŶĚ;ŽŶƚƌŽůůŝŶŐDŽŶƵŵĞŶƚͿĂƚƚŚĞƐŽƵƚŚǁĞƐƚůŽƚĐŽƌŶĞƌŽĨ>Žƚϯ͕ŽĨƐĂŝĚůŽĐŬďĞĂƌƐ^ŽƵƚŚϴϵΣϯϯΖϱϲΗtĞƐƚ͕ĂĚŝƐƚĂŶĐĞŽĨϱϳϵ͘ϴϭĨĞĞƚ͖d,EEŽƌƚŚϬϬΣϮϲΖϬϰΗtĞƐƚ͕ĚĞƉĂƌƚŝŶŐƚŚĞƐĂŝĚƌŝŐŚƚͲŽĨͲǁĂǇůŝŶĞ͕ĂŶĚĂůŽŶŐƚŚĞĐŽŵŵŽŶůŽƚůŝŶĞŽĨƐĂŝĚ>ŽƚƐϱĂŶĚϲ͕ĂĚŝƐƚĂŶĐĞŽĨϮϲϯ͘ϱϯĨĞĞƚƚŽĂŶŝƌŽŶƌŽĚƐĞƚĂƚƚŚĞŶŽƌƚŚǁĞƐƚůŽƚĐŽƌŶĞƌŽĨƐĂŝĚ>Žƚϲ͕ƐĂŵĞďĞŝŶŐƚŚĞŶŽƌƚŚĞĂƐƚůŽƚĐŽƌŶĞƌŽĨƐĂŝĚ>Žƚϱ͕ĂŶĚďĞŝŶŐŽŶƚŚĞƐŽƵƚŚůŽƚůŝŶĞŽĨ>Žƚϴ͕ŽĨƐĂŝĚůŽĐŬ͖d,EEŽƌƚŚϴϵΣϯϯΖϱϲΗĂƐƚ͕ĂůŽŶŐƚŚĞĐŽŵŵŽŶůŽƚůŝŶĞŽĨƐĂŝĚ>ŽƚƐϲĂŶĚϴ͕ĂĚŝƐƚĂŶĐĞŽĨϮϬϬ͘ϬϬĨĞĞƚƚŽĂŶŝƌŽŶƌŽĚƐĞƚĂƚƚŚĞŶŽƌƚŚĞĂƐƚůŽƚĐŽƌŶĞƌŽĨƐĂŝĚ>Žƚϲ͕ƐĂŵĞďĞŝŶŐƚŚĞŶŽƌƚŚǁĞƐƚůŽƚĐŽƌŶĞƌŽĨƚŚĞĂĨŽƌĞƐĂŝĚ>Žƚϳ͖d,E^ŽƵƚŚϬϬΣϮϲΖϬϰΗĂƐƚ͕ĂůŽŶŐƚŚĞĐŽŵŵŽŶůŽƚůŝŶĞŽĨƐĂŝĚ>ŽƚƐϲĂŶĚϳ͕ĂĚŝƐƚĂŶĐĞŽĨϮϲϯ͘ϱϯĨĞĞƚƚŽƚŚĞWK/EdK&'/EE/E'͘dŚĞŚĞƌĞŝŶĂďŽǀĞĚĞƐĐƌŝďĞĚƚƌĂĐƚŽĨůĂŶĚĐŽŶƚĂŝŶƐĂĐŽŵƉƵƚĞĚĂƌĞĂŽĨϭ͘ϮϭϬϬĂĐƌĞƐ;ϱϮ͕ϳϬϳƐƋƵĂƌĞĨĞĞƚͿŽĨůĂŶĚ͕ŵŽƌĞŽƌůĞƐƐ͘EKt͕d,Z&KZ<EKtEz>>DEd,^WZ^Ed^͗d,dt͕ϯ/',dzK/dWZdEZ^͕>WĂĐƚŝŶŐŚĞƌĞŝŶďǇĂŶĚƚŚƌŽƵŐŚŝƚƐĚƵůǇĂƵƚŚŽƌŝǌĞĚŽĨĨŝĐĞƌƐ͕ĚŽĞƐŚĞƌĞďǇĐĞƌƚŝĨǇĂŶĚĂĚŽƉƚƚŚŝƐƉůĂƚĚĞƐŝŐŶĂƚŝŶŐƚŚĞŚĞƌĞŝŶĂďŽǀĞĚĞƐĐƌŝďĞĚƉƌŽƉĞƌƚǇĂƐƚŚĞWƌŽƐƉĞƌŽŵŵŽŶƐ͕ůŽĐŬ͕>Žƚϲ͕ĂŶĚĚŝƚŝŽŶƚŽƚŚĞdŽǁŶŽĨWƌŽƐƉĞƌ͕ĂŶĚĚŽĞƐŚĞƌĞďǇĚĞĚŝĐĂƚĞƚŽƚŚĞƉƵďůŝĐƵƐĞĨŽƌĞǀĞƌ͕ƚŚĞƐƚƌĞĞƚƐĂŶĚĂůůĞǇƐƐŚŽǁŶƚŚĞƌĞŽŶ͘ϯŝŐŚƚǇŽŝƚWĂƌƚŶĞƌƐ͕>WĚŽĞƐŚĞƌĞŝŶĐĞƌƚŝĨǇƚŚĞĨŽůůŽǁŝŶŐ͗ϭ͘dŚĞƐƚƌĞĞƚƐĂŶĚĂůůĞǇƐĂƌĞĚĞĚŝĐĂƚĞĚĨŽƌƐƚƌĞĞƚĂŶĚĂůůĞǇƉƵƌƉŽƐĞƐ͘Ϯ͘ůůƉƵďůŝĐŝŵƉƌŽǀĞŵĞŶƚƐĂŶĚĚĞĚŝĐĂƚŝŽŶƐƐŚĂůůďĞĨƌĞĞĂŶĚĐůĞĂƌŽĨĂůůĚĞďƚ͕ůŝĞŶƐ͕ĂŶĚͬŽƌĞŶĐƵŵďƌĂŶĐĞƐ͘ϯ͘dŚĞĞĂƐĞŵĞŶƚƐĂŶĚƉƵďůŝĐƵƐĞĂƌĞĂƐ͕ĂƐƐŚŽǁŶ͕ĂƌĞĚĞĚŝĐĂƚĞĚĨŽƌƚŚĞƉƵďůŝĐƵƐĞĨŽƌĞǀĞƌĨŽƌƚŚĞƉƵƌƉŽƐĞƐŝŶĚŝĐĂƚĞĚŽŶƚŚŝƐƉůĂƚ͘ϰ͘EŽďƵŝůĚŝŶŐƐ͕ĨĞŶĐĞƐ͕ƚƌĞĞƐ͕ƐŚƌƵďƐ͕ŽƌŽƚŚĞƌŝŵƉƌŽǀĞŵĞŶƚƐŽƌŐƌŽǁƚŚƐƐŚĂůůďĞĐŽŶƐƚƌƵĐƚĞĚŽƌƉůĂĐĞĚƵƉŽŶ͕ŽǀĞƌ Žƌ ĂĐƌŽƐƐ ĞĂƐĞŵĞŶƚƐ ĂƐ ƐŚŽǁŶ͕ ĞǆĐĞƉƚ ƚŚĂƚ ůĂŶĚƐĐĂƉĞ ŝŵƉƌŽǀĞŵĞŶƚƐ ŵĂǇ ďĞ ƉůĂĐĞĚ ŝŶ ůĂŶĚƐĐĂƉĞĞĂƐĞŵĞŶƚƐŝĨĂƉƉƌŽǀĞĚďǇƚŚĞdŽǁŶŽĨWƌŽƐƉĞƌ͘ϱ͘dŚĞdŽǁŶŽĨWƌŽƐƉĞƌŝƐŶŽƚƌĞƐƉŽŶƐŝďůĞĨŽƌƌĞƉůĂĐŝŶŐĂŶǇŝŵƉƌŽǀĞŵĞŶƚƐŝŶ͕ƵŶĚĞƌ͕ŽƌŽǀĞƌĂŶǇĞĂƐĞŵĞŶƚƐĐĂƵƐĞĚďǇŵĂŝŶƚĞŶĂŶĐĞŽƌƌĞƉĂŝƌ͘ϲ͘hƚŝůŝƚǇĞĂƐĞŵĞŶƚƐŵĂǇĂůƐŽďĞƵƐĞĚĨŽƌƚŚĞŵƵƚƵĂůƵƐĞĂŶĚĂĐĐŽŵŵŽĚĂƚŝŽŶŽĨĂůůƉƵďůŝĐƵƚŝůŝƚŝĞƐĚĞƐŝƌŝŶŐƚŽƵƐĞŽƌƵƐŝŶŐƚŚĞƐĂŵĞƵŶůĞƐƐƚŚĞĞĂƐĞŵĞŶƚůŝŵŝƚƐƚŚĞƵƐĞƚŽƉĂƌƚŝĐƵůĂƌƵƚŝůŝƚŝĞƐ͕ƐĂŝĚƵƐĞďǇƉƵďůŝĐƵƚŝůŝƚŝĞƐďĞŝŶŐƐƵďŽƌĚŝŶĂƚĞƚŽƚŚĞƉƵďůŝĐΖƐĂŶĚdŽǁŶŽĨWƌŽƐƉĞƌΖƐƵƐĞƚŚĞƌĞŽĨ͘ϳ͘dŚĞdŽǁŶŽĨWƌŽƐƉĞƌĂŶĚƉƵďůŝĐƵƚŝůŝƚŝĞƐƐŚĂůůŚĂǀĞƚŚĞƌŝŐŚƚƚŽƌĞŵŽǀĞĂŶĚŬĞĞƉƌĞŵŽǀĞĚĂůůŽƌƉĂƌƚƐŽĨĂŶǇďƵŝůĚŝŶŐƐ͕ĨĞŶĐĞƐ͕ƚƌĞĞƐ͕ƐŚƌƵďƐ͕ŽƌŽƚŚĞƌŝŵƉƌŽǀĞŵĞŶƚƐŽƌŐƌŽǁƚŚƐǁŚŝĐŚŵĂǇŝŶĂŶǇǁĂǇĞŶĚĂŶŐĞƌŽƌŝŶƚĞƌĨĞƌĞǁŝƚŚƚŚĞĐŽŶƐƚƌƵĐƚŝŽŶ͕ŵĂŝŶƚĞŶĂŶĐĞŽƌĞĨĨŝĐŝĞŶĐǇŽĨƚŚĞŝƌƌĞƐƉĞĐƚŝǀĞƐǇƐƚĞŵƐŝŶƚŚĞĞĂƐĞŵĞŶƚƐ͘ϴ͘dŚĞdŽǁŶŽĨWƌŽƐƉĞƌĂŶĚƉƵďůŝĐƵƚŝůŝƚŝĞƐƐŚĂůůĂƚĂůůƚŝŵĞƐŚĂǀĞƚŚĞĨƵůůƌŝŐŚƚŽĨŝŶŐƌĞƐƐĂŶĚĞŐƌĞƐƐƚŽŽƌĨƌŽŵƚŚĞŝƌ ƌĞƐƉĞĐƚŝǀĞ ĞĂƐĞŵĞŶƚƐ ĨŽƌ ƚŚĞ ƉƵƌƉŽƐĞ ŽĨ ĐŽŶƐƚƌƵĐƚŝŶŐ͕ ƌĞĐŽŶƐƚƌƵĐƚŝŶŐ͕ ŝŶƐƉĞĐƚŝŶŐ͕ ƉĂƚƌŽůůŝŶŐ͕ŵĂŝŶƚĂŝŶŝŶŐ͕ƌĞĂĚŝŶŐŵĞƚĞƌƐ͕ĂŶĚĂĚĚŝŶŐƚŽŽƌƌĞŵŽǀŝŶŐĂůůŽƌƉĂƌƚƐŽĨƚŚĞŝƌƌĞƐƉĞĐƚŝǀĞƐǇƐƚĞŵƐǁŝƚŚŽƵƚƚŚĞŶĞĐĞƐƐŝƚǇĂƚĂŶǇƚŝŵĞŽĨƉƌŽĐƵƌŝŶŐƉĞƌŵŝƐƐŝŽŶĨƌŽŵĂŶǇŽŶĞ͘ϵ͘ůůŵŽĚŝĨŝĐĂƚŝŽŶƐƚŽƚŚŝƐĚŽĐƵŵĞŶƚƐŚĂůůďĞďǇŵĞĂŶƐŽĨƉůĂƚĂŶĚĂƉƉƌŽǀĞĚďǇƚŚĞdŽǁŶŽĨWƌŽƐƉĞƌ͘ϭϬ͘ >ĂŶĚƐĐĂƉĞ ĂƐĞŵĞŶƚ͗ dŚĞ ƵŶĚĞƌƐŝŐŶĞĚ ĐŽǀĞŶĂŶƚƐ ĂŶĚ ĂŐƌĞĞƐ ƚŚĂƚ ƚŚĞ ůĂŶĚƐĐĂƉĞ ĞĂƐĞŵĞŶƚ ĂŶĚƌĞƐƚƌŝĐƚŝŽŶƐŚĞƌĞŝŶƐĞƚĨŽƌƚŚƐŚĂůůƌƵŶǁŝƚŚƚŚĞůĂŶĚĂŶĚďĞďŝŶĚŝŶŐŽŶƚŚĞŽǁŶĞƌ;ƐͿŽĨƚŚĞƉƌŽƉĞƌƚǇŝŶƚŚŝƐƐƵďĚŝǀŝƐŝŽŶ͕ƚŚĞŝƌƐƵĐĐĞƐƐŽƌƐĂŶĚĂƐƐŝŐŶƐ͕ĂŶĚĂůůƉĂƌƚŝĞƐĐůĂŝŵŝŶŐďǇ͕ƚŚƌŽƵŐŚĂŶĚƵŶĚĞƌƚŚĞŵ͘/ŶƚŚĞĞǀĞŶƚĂƌĞƉůĂƚŝƐƌĞƋƵĞƐƚĞĚŽŶĂůůŽƌƉĂƌƚŽĨƚŚŝƐƉƌŽƉĞƌƚǇ͕ƚŚĞdŽǁŶŵĂǇƌĞƋƵŝƌĞĂŶǇƐŝŵŝůĂƌŽƌĂĚĚŝƚŝŽŶĂůƌĞƐƚƌŝĐƚŝŽŶĂƐŝƚƐƐŽůĞĚŝƐĐƌĞƚŝŽŶ͘dŚĞƐŽůĞƌĞƐƉŽŶƐŝďŝůŝƚǇĨŽƌŵĂŝŶƚĞŶĂŶĐĞĂŶĚƌĞƉůĂĐĞŵĞŶƚŽĨůĂŶĚƐĐĂƉĞŵĂƚĞƌŝĂůƐƚŚĞƌĞŽĨƐŚĂůů ďĞ ďŽƌŶĞ ďǇ ĂŶǇ ΖŚŽŵĞŽǁŶĞƌƐΖ ĂƐƐŽĐŝĂƚŝŽŶ ŚĞƌĞĂĨƚĞƌ ĞƐƚĂďůŝƐŚĞĚ ĨŽƌ ƚŚĞ ŽǁŶĞƌƐ ŽĨ ůŽƚƐ ŝŶ ƚŚŝƐƐƵďĚŝǀŝƐŝŽŶ ĂŶĚͬŽƌ ƚŚĞ ŽǁŶĞƌƐ ŽĨ ƚŚĞ ŝŶĚŝǀŝĚƵĂů ůŽƚƐ ǁŝƚŚŝŶ ƚŚŝƐ ƐƵďĚŝǀŝƐŝŽŶ͘ ^ƵĐŚ ŵĂŝŶƚĞŶĂŶĐĞ ĂŶĚƌĞƉůĂĐĞŵĞŶƚƐŚĂůůďĞŝŶĐŽŶĨŽƌŵĂŶĐĞǁŝƚŚƚŚĞƌĞƋƵŝƌĞŵĞŶƚƐ͕ƐƚĂŶĚĂƌĚƐ͕ĂŶĚƐƉĞĐŝĨŝĐĂƚŝŽŶƐŽĨƚŚĞdŽǁŶŽĨWƌŽƐƉĞƌ͕ĂƐƉƌĞƐĞŶƚůǇŝŶĞĨĨĞĐƚŽƌĂƐŵĂǇďĞŚĞƌĞĂĨƚĞƌĂŵĞŶĚĞĚ͘dŚŝƐƉƌŽǀŝƐŝŽŶŵĂǇďĞĞŶĨŽƌĐĞĚďǇƐƉĞĐŝĨŝĐƉĞƌĨŽƌŵĂŶĐĞŽƌďǇĂŶǇŽƚŚĞƌƌĞŵĞĚǇĂůůŽǁĞĚďǇůĂǁ͘dŚŝƐ>ĂŶĚƐĐĂƉĞĂƐĞŵĞŶƚƐŚĂůůďĞǀŽŝĚŽĨƵƚŝůŝƚŝĞƐĂŶĚŽƚŚĞƌĞůĞŵĞŶƚƐƵŶůĞƐƐŽƚŚĞƌǁŝƐĞĂƉƉƌŽǀĞĚŽŶƚŚĞƉůĂƚ͘ϭϭ͘dŚĞƵŶĚĞƌƐŝŐŶĞĚĐŽǀĞŶĂŶƚƐĂŶĚĂŐƌĞĞƐƚŚĂƚŚĞ;ƚŚĞǇͿƐŚĂůůĐŽŶƐƚƌƵĐƚƵƉŽŶƚŚĞĨŝƌĞůĂŶĞĞĂƐĞŵĞŶƚƐ͕ĂƐĚĞĚŝĐĂƚĞĚĂŶĚƐŚŽǁŶŚĞƌĞŽŶ͕ĂŚĂƌĚƐƵƌĨĂĐĞƉĂǀĞĚŝŶĂĐĐŽƌĚĂŶĐĞǁŝƚŚdŽǁŶƐƚĂŶĚĂƌĚƐĂŶĚƚŚĂƚŚĞ;ƚŚĞǇͿƐŚĂůůŵĂŝŶƚĂŝŶƚŚĞƐĂŵĞŝŶĂƐƚĂƚĞŽĨŐŽŽĚƌĞƉĂŝƌĂƚĂůůƚŝŵĞƐĂŶĚŬĞĞƉƚŚĞƐĂŵĞĨƌĞĞĂŶĚĐůĞĂƌŽĨĂŶǇƐƚƌƵĐƚƵƌĞƐ͕ĨĞŶĐĞƐ͕ƚƌĞĞƐ͕ƐŚƌƵďƐ͕ŽƌŽƚŚĞƌŝŵƉƌŽǀĞŵĞŶƚƐŽƌŽďƐƚƌƵĐƚŝŽŶƐ͕ŝŶĐůƵĚŝŶŐďƵƚŶŽƚůŝŵŝƚĞĚƚŽƚŚĞƉĂƌŬŝŶŐ͕ůŽĂĚŝŶŐ͕ŽƌƵŶůŽĂĚŝŶŐŽĨŵŽƚŽƌǀĞŚŝĐůĞƐ͕ƚƌĂŝůĞƌƐ͕ďŽĂƚƐ͕ŽƌŽƚŚĞƌŝŵƉĞĚŝŵĞŶƚƐƚŽƚŚĞĂĐĐĞƐƐŽĨŝƌĞĂƉƉĂƌĂƚƵƐ͘dŚĞŵĂŝŶƚĞŶĂŶĐĞŽĨƉĂǀĞŵĞŶƚŝŶĂĐĐŽƌĚĂŶĐĞƚŽdŽǁŶƐƚĂŶĚĂƌĚƐŽĨƚŚĞĨŝƌĞůĂŶĞĞĂƐĞŵĞŶƚƐŝƐƚŚĞƌĞƐƉŽŶƐŝďŝůŝƚǇŽĨƚŚĞŽǁŶĞƌ͕ĂŶĚƚŚĞŽǁŶĞƌƐŚĂůůƉŽƐƚĂŶĚŵĂŝŶƚĂŝŶƐŝŐŶĂŐĞŝŶĂĐĐŽƌĚĂŶĐĞƚŽdŽǁŶƐƚĂŶĚĂƌĚƐŝŶĐŽŶƐƉŝĐƵŽƵƐƉůĂĐĞƐĂůŽŶŐƚŚĞĨŝƌĞůĂŶĞƐ͕ƐƚĂƚŝŶŐΗ&ŝƌĞ>ĂŶĞ͕EŽWĂƌŬŝŶŐΗ͘dŚĞƉŽůŝĐĞŽƌƚŚĞŝƌĚƵůǇĂƵƚŚŽƌŝǌĞĚƌĞƉƌĞƐĞŶƚĂƚŝǀĞŝƐŚĞƌĞďǇĂƵƚŚŽƌŝǌĞĚƚŽĐĂƵƐĞƐƵĐŚĨŝƌĞůĂŶĞƐĂŶĚƵƚŝůŝƚǇĞĂƐĞŵĞŶƚƐƚŽďĞŵĂŝŶƚĂŝŶĞĚĨƌĞĞĂŶĚƵŶŽďƐƚƌƵĐƚĞĚĂƚĂůůƚŝŵĞƐĨŽƌĨŝƌĞĚĞƉĂƌƚŵĞŶƚĂŶĚĞŵĞƌŐĞŶĐǇƵƐĞ͘dŚŝƐ ƉůĂƚ ĂƉƉƌŽǀĞĚ ƐƵďũĞĐƚ ƚŽ Ăůů ƉůĂƚƚŝŶŐ ŽƌĚŝŶĂŶĐĞƐ͕ ƌƵůĞƐ͕ ƌĞŐƵůĂƚŝŽŶƐ ĂŶĚ ƌĞƐŽůƵƚŝŽŶƐ ŽĨ ƚŚĞ dŽǁŶ ŽĨWƌŽƐƉĞƌ͕dĞǆĂƐ͘t/dE^^͕ŵǇŚĂŶĚ͕ƚŚŝƐƚŚĞͺͺͺͺͺͺͺĚĂǇŽĨͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺ͕ϮϬϭϵ͘ϯ/',dzK/dWZdEZ^͕>WͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺƵůǇĂƵƚŚŽƌŝǌĞĚĂŐĞŶƚĨŽƌϯŝŐŚƚǇŽŝƚWĂƌƚŶĞƌƐ͕>WͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺWƌŝŶƚĞĚEĂŵĞĂŶĚdŝƚůĞ^ddK&dy^ΑKhEdzK&K>>/EΑ&KZD͕ƚŚĞƵŶĚĞƌƐŝŐŶĞĚ͕ĂEŽƚĂƌǇWƵďůŝĐŝŶĂŶĚĨŽƌƚŚĞƐĂŝĚŽƵŶƚǇĂŶĚ^ƚĂƚĞ͕ŽŶƚŚŝƐĚĂǇƉĞƌƐŽŶĂůůǇĂƉƉĞĂƌĞĚͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺ͕ĂĚƵůǇĂƵƚŚŽƌŝǌĞĚĂŐĞŶƚĨŽƌϯŝŐŚƚǇŽŝƚWĂƌƚŶĞƌƐ͕>W͕ŬŶŽǁŶƚŽŵĞƚŽďĞƚŚĞƉĞƌƐŽŶǁŚŽƐĞŶĂŵĞŝƐƐƵďƐĐƌŝďĞĚƚŽƚŚĞĨŽƌĞŐŽŝŶŐŝŶƐƚƌƵŵĞŶƚ ĂŶĚ ĂĐŬŶŽǁůĞĚŐĞĚ ƚŽ ŵĞ ƚŚĂƚ ŚĞͬƐŚĞ ĞǆĞĐƵƚĞĚ ƚŚĞ ƐĂŵĞ ĨŽƌ ƚŚĞ ƉƵƌƉŽƐĞ ĂŶĚĐŽŶƐŝĚĞƌĂƚŝŽŶƚŚĞƌĞŝŶĞǆƉƌĞƐƐĞĚ͕ĂŶĚŝŶƚŚĞĐĂƉĂĐŝƚǇƚŚĞƌĞŝŶƐƚĂƚĞĚ͘'/sEhEZDz,EE^>K&K&&/͕ŽŶƚŚŝƐƚŚĞͺͺͺͺͺͺͺͺĚĂǇŽĨͺͺͺͺͺͺͺͺͺ͕ϮϬϭϵ͘ͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺEŽƚĂƌǇWƵďůŝĐ͕^ƚĂƚĞŽĨdĞǆĂƐ^ddK&dy^ΑKhEdzK&dZZEdΑd,d͕/͕ƌŝĐ^͘^ƉŽŽŶĞƌ͕ĚŽŚĞƌĞďǇĐĞƌƚŝĨǇƚŚĂƚ/ƉƌĞƉĂƌĞĚƚŚŝƐƉůĂƚĂŶĚƚŚĞĨŝĞůĚŶŽƚĞƐŵĂĚĞĂƉĂƌƚƚŚĞƌĞŽĨĨƌŽŵĂŶĂĐƚƵĂůĂŶĚĂĐĐƵƌĂƚĞƐƵƌǀĞǇŽĨƚŚĞůĂŶĚĂŶĚƚŚĂƚƚŚĞĐŽƌŶĞƌŵŽŶƵŵĞŶƚƐƐŚŽǁŶƚŚĞƌĞŽŶǁĞƌĞƉƌŽƉĞƌůǇƉůĂĐĞĚƵŶĚĞƌŵǇƉĞƌƐŽŶĂůƐƵƉĞƌǀŝƐŝŽŶ͕ŝŶĂĐĐŽƌĚĂŶĐĞǁŝƚŚƚŚĞ^ƵďĚŝǀŝƐŝŽŶZĞŐƵůĂƚŝŽŶƐŽĨƚŚĞdŽǁŶŽĨWƌŽƐƉĞƌ͕dĞǆĂƐ͘^ƵƌǀĞǇĞĚŽŶƚŚĞŐƌŽƵŶĚĚƵƌŝŶŐƚŚĞŵŽŶƚŚŽĨKĐƚŽďĞƌ͕ϮϬϭϴ͘ͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺƌŝĐ^͘^ƉŽŽŶĞƌ͕Z͘W͘>͘^͘ ĂƚĞdĞǆĂƐZĞŐŝƐƚƌĂƚŝŽŶEŽ͘ϱϵϮϮ^ddK&dy^ΑKhEdzK&dZZEdΑ&KZD͕ƚŚĞƵŶĚĞƌƐŝŐŶĞĚ͕ĂEŽƚĂƌǇWƵďůŝĐŝŶĂŶĚĨŽƌƚŚĞƐĂŝĚŽƵŶƚǇĂŶĚ^ƚĂƚĞ͕ŽŶƚŚŝƐĚĂǇƉĞƌƐŽŶĂůůǇĂƉƉĞĂƌĞĚZ/^͘^WKKEZ͕ŬŶŽǁŶƚŽŵĞƚŽďĞƚŚĞƉĞƌƐŽŶǁŚŽƐĞŶĂŵĞŝƐƐƵďƐĐƌŝďĞĚƚŽƚŚĞĨŽƌĞŐŽŝŶŐŝŶƐƚƌƵŵĞŶƚĂŶĚĂĐŬŶŽǁůĞĚŐĞĚƚŽŵĞƚŚĂƚŚĞͬƐŚĞĞǆĞĐƵƚĞĚƚŚĞƐĂŵĞĨŽƌƚŚĞƉƵƌƉŽƐĞĂŶĚĐŽŶƐŝĚĞƌĂƚŝŽŶƚŚĞƌĞŝŶĞǆƉƌĞƐƐĞĚ͕ĂŶĚŝŶƚŚĞĐĂƉĂĐŝƚǇƚŚĞƌĞŝŶƐƚĂƚĞĚ͘'/sEhEZDz,EE^>K&K&&/͕ŽŶƚŚŝƐƚŚĞͺͺͺͺͺͺͺͺĚĂǇŽĨͺͺͺͺͺͺͺͺͺ͕ϮϬϭϵ͘ͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺEŽƚĂƌǇWƵďůŝĐ͕^ƚĂƚĞŽĨdĞǆĂƐZd/&/dK&WWZKs>ƉƉƌŽǀĞĚƚŚŝƐƚŚĞͺͺͺͺͺͺͺͺĚĂǇŽĨͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺ͕ϮϬϭϵďǇƚŚĞWůĂŶŶŝŶŐĂŶĚŽŶŝŶŐŽŵŵŝƐƐŝŽŶŽĨƚŚĞdŽǁŶŽĨWƌŽƐƉĞƌ͕dĞǆĂƐ͘ͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺŶŐŝŶĞĞƌŝŶŐĞƉĂƌƚŵĞŶƚͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺdŽǁŶ^ĞĐƌĞƚĂƌǇͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺĞǀĞůŽƉŵĞŶƚ^ĞƌǀŝĐĞƐĞƉĂƌƚŵĞŶƚd,/^KhDEd/^35(/,0,1$5<&KZZs/tWhZWK^^KE>zZ/^͘^WKKEZ͕Z͘W͘>͘^͘:ƵůǇϯϭ͕ϮϬϭϵΎ'EZ>EKd^ΎxdŚĞďĞĂƌŝŶŐƐƐŚŽǁŶŚĞƌĞŽŶĂƌĞďĂƐĞĚŽŶƚŚĞĨŽƵŶĚŵŽŶƵŵĞŶƚĂƚŝŽŶŽĨƚŚĞŶŽƌƚŚƌŝŐŚƚͲŽĨͲǁĂǇůŝŶĞŽĨh͘^͘,ŝŐŚǁĂǇEŽ͘ϯϴϬ͕ĂƐƐŚŽǁŶŽŶƚŚĞĐŽŶǀĞǇĂŶĐĞƉůĂƚƚŚĞƌĞŽĨĨŝůĞĚĨŽƌƌĞĐŽƌĚŝŶŽůůŝŶŽƵŶƚǇůĞƌŬΖƐ/ŶƐƚƌƵŵĞŶƚEŽ͘ϮϬϭϴͲϵϮϮ͕K͘W͘Z͘͘͘d͘;ĂůůĞĚĞĂƌŝŶŐс^ŽƵƚŚϴϵΣϯϯΖϱϲΗtĞƐƚͿxĐĐŽƌĚŝŶŐƚŽƚŚĞ&ůŽŽĚ/ŶƐƵƌĂŶĐĞZĂƚĞDĂƉƉƵďůŝƐŚĞĚďǇƚŚĞ&ĞĚĞƌĂůŵĞƌŐĞŶĐǇDĂŶĂŐĞŵĞŶƚŐĞŶĐǇ͕ĞƉĂƌƚŵĞŶƚŽĨ,ŽŵĞůĂŶĚ^ĞĐƵƌŝƚǇ͕ƚŚĞƐƵďũĞĐƚƉƌŽƉĞƌƚǇĂƉƉĞĂƌƐƚŽďĞůŽĐĂƚĞĚŝŶŽŶĞΗyΗ;ĂƌĞĂƐĚĞƚĞƌŵŝŶĞĚƚŽďĞŽƵƚƐŝĚĞƚŚĞϬ͘ϮйĂŶŶƵĂůĐŚĂŶĐĞĨůŽŽĚƉůĂŝŶͿĂƐƐŚŽǁŶŽŶDĂƉEŽ͘ϰϴϬϰϬϮϯϱ͖ŵĂƉƌĞǀŝƐĞĚ:ƵŶĞϮ͕ϮϬϬϵ͕ĨŽƌŽůůŝŶŽƵŶƚǇĂŶĚŝŶĐŽƌƉŽƌĂƚĞĚĂƌĞĂƐ͘dŚŝƐĨůŽŽĚƐƚĂƚĞŵĞŶƚĚŽĞƐŶŽƚŝŵƉůǇƚŚĂƚƚŚĞƉƌŽƉĞƌƚǇĂŶĚͬŽƌƐƚƌƵĐƚƵƌĞƐůŽĐĂƚĞĚŝŶŽŶĞΗyΗǁŝůůďĞĨƌĞĞĨƌŽŵĨůŽŽĚŝŶŐŽƌĨůŽŽĚĚĂŵĂŐĞ͘dŚŝƐĨůŽŽĚƐƚĂƚĞŵĞŶƚƐŚĂůůŶŽƚĐƌĞĂƚĞůŝĂďŝůŝƚǇŽŶƚŚĞƉĂƌƚŽĨƚŚĞ^ƵƌǀĞǇŽƌ͘xĐĐŽƌĚŝŶŐƚŽƚŚĞĂďŽǀĞƌĞĨĞƌĞŶĐĞĚ&D&ŝƌŵDĂƉ͕ŶŽĨůŽŽĚƉůĂŝŶĞǆŝƐƚƐŽŶƚŚĞƐŝƚĞ͘dŚŝƐĨůŽŽĚƐƚĂƚĞŵĞŶƚƐŚĂůůŶŽƚĐƌĞĂƚĞůŝĂďŝůŝƚǇŽŶƚŚĞƉĂƌƚŽĨƚŚĞ^ƵƌǀĞǇŽƌ͘xdŚŝƐƉůĂƚŝƐďĂƐĞĚŽŶĂŶ>dͬE^W^>ĂŶĚdŝƚůĞ^ƵƌǀĞǇ͕ǁŚŝĐŚǁĂƐƉƌĞƉĂƌĞĚǁŝƚŚƚŚĞďĞŶĞĨŝƚŽĨĂĐŽƉǇ ŽĨ ƚŚĞ ĐŽŵŵŝƚŵĞŶƚ ĨŽƌ dŝƚůĞ /ŶƐƵƌĂŶĐĞ͕ ƉƌĞƉĂƌĞĚ ďǇ &ŝĚĞůŝƚǇ EĂƚŝŽŶĂů dŝƚůĞ /ŶƐƵƌĂŶĐĞŽŵƉĂŶǇ͕'͘&͘EŽ͘>dͲϭϵϳϴͲϭϵϳϴϬϭϱϲϬϳͲ͕ŚĂǀŝŶŐĂŶĞĨĨĞĐƚŝǀĞĚĂƚĞŽĨ^ĞƉƚĞŵďĞƌϭϵ͕ϮϬϭϴĂŶĚŝƐƐƵĞĚ^ĞƉƚĞŵďĞƌϮϱ͕ϮϬϭϴ͖ĂŶĚŽŶůǇƌĞĨůĞĐƚƐƚŚŽƐĞĞĂƐĞŵĞŶƚƐ͕ĐŽǀĞŶĂŶƚƐ͕ƌĞƐƚƌŝĐƚŝŽŶƐ͕ĂŶĚŽƚŚĞƌŵĂƚƚĞƌƐŽĨƌĞĐŽƌĚůŝƐƚĞĚŝŶ^ĐŚĞĚƵůĞŽĨƐĂŝĚŽŵŵŝƚŵĞŶƚ͘EŽŽƚŚĞƌƌĞƐĞĂƌĐŚĨŽƌŵĂƚƚĞƌƐŽĨƌĞĐŽƌĚ͕ŶŽƚůŝƐƚĞĚŝŶƐĂŝĚŽŵŵŝƚŵĞŶƚ͕ǁĂƐƉƌĞĨŽƌŵĞĚďǇ^ƉŽŽŶĞƌΘƐƐŽĐŝĂƚĞƐ͕/ŶĐ͘xǆŝƐƚŝŶŐĞĂƐĞŵĞŶƚƐĚŝŵĞŶƐŝŽŶƐƐŚŽǁŶŚĞƌĞŽŶĂƌĞĨŽƌƌĞĨĞƌĞŶĐĞƉƵƌƉŽƐĞƐŽŶůǇ͘^ƵƌǀĞǇŽƌŚĞƌĞďǇĂĚǀŝƐĞƐ Ăůů ŝŶƚĞƌĞƐƚĞĚ ƉĂƌƚŝĞƐ ƚŽ ƌĞǀŝĞǁ ƚŚĞ ŽƌŝŐŝŶĂů ĚŽĐƵŵĞŶƚͲŝŶƐƚƌƵŵĞŶƚ ŝŶ ǁŚŝĐŚ ƚŚĞĞĂƐĞŵĞŶƚƐǁĞƌĞĐƌĞĂƚĞĚ͘xůůĞĂƐĞŵĞŶƚƐŶŽƚĚŝŵĞŶƐŝŽŶĞĚŚĞƌĞŽŶĂƌĞƉĂƌĂůůĞůͲƉĞƌƉĞŶĚŝĐƵůĂƌƚŽƚŚĞĂĚũŽŝŶŝŶŐůŝŶĞ͘xEŽƚŝĐĞ͗^ĞůůŝŶŐĂƉŽƌƚŝŽŶŽĨƚŚŝƐĂĚĚŝƚŝŽŶďǇŵĞƚĞƐĂŶĚďŽƵŶĚƐŝƐĂǀŝŽůĂƚŝŽŶŽĨdŽǁŶKƌĚŝŶĂŶĐĞĂŶĚ^ƚĂƚĞ>ĂǁĂŶĚŝƐƐƵďũĞĐƚƚŽĨŝŶĞƐĂŶĚǁŝƚŚŚŽůĚŝŶŐŽĨƵƚŝůŝƚŝĞƐĂŶĚďƵŝůĚŝŶŐƉĞƌŵŝƚƐ͘xdŚĞƉƵƌƉŽƐĞŽĨƚŚŝƐƉůĂƚŝƐĐƌĞĂƚĞͬƐŚŽǁƐƵŝƚĂďůĞĞĂƐĞŵĞŶƚƐĨŽƌƚŚĞĚĞǀĞůŽƉŵĞŶƚŽĨ>Žƚϲ͘&,56&,5)'$$&0&,56&,56&,56Ύs//E/dzDWΎ;EKddK^>Ϳ0$1&+(67(5'29(50($'2:%522.7:,1%877(6 /,9,1*6721&$/$9(5$6$0,67$'5,&+/$1'35(67:,&.7$</25 *5$<35(6$5,281,9(56,7<&2,752$'Ύs//E/dzDWΎ;EKddK^>Ϳ352-(&7/2&$7,21'5&&7'(('5(&25'6&2//,1&2//,1&2817<7(;$632,172)&200(1&,1*&,5).+$&09$5,$%/(:,'7+38%/,&52: 92/3*'5&&7 &&&,12 235&&7 &2,752$'(607($6(0(17/,1(7$%/(/,1(//////%($5,1*1 (1 :6 :6 (6 :1 :',67$1&( &5 / &+% 1 (&+/ &,5).+$&0#6:&2)/27%/2&.%%($566 :a 6(&2)$%($566 (a 3DJHRI 7R 3ODQQLQJ =RQLQJ&RPPLVVLRQ ,WHP1RJ )URP 6FRWW,QJDOOV$,&36HQLRU3ODQQHU 7KURXJK $OH[*OXVKNR$,&33ODQQLQJ0DQDJHU 5H 3ODQQLQJ =RQLQJ&RPPLVVLRQ0HHWLQJ±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rosper is a place where everyone matters. 3/$11,1* &5'81,9(56,7<'5/ ( * $ & < ' 5 86+,*+:$<35$,5 ,( '5%277/(%586+'5 6 3 ( $ 5 * 5 $ 6 6 / 1 0$+$5'3.:<:,1(&835'&$1$5<*5$66 /1 675($06,'('5 :(67:22''5&(/(67,$/ '5%/8(*,///1:22'9$/('5 6&$5/(7'5'$<)/2:(5'535$,5,('5/(*$&<'5± )HHW 3DJHRI 7R 3ODQQLQJ =RQLQJ&RPPLVVLRQ ,WHP1RK )URP $OH[*OXVKNR$,&33ODQQLQJ0DQDJHU 5H 3ODQQLQJ =RQLQJ&RPPLVVLRQ0HHWLQJ±$XJXVW $JHQGD,WHP &RQVLGHUDQGDFWXSRQD6LWH3ODQIRUD7HPSRUDU\%XLOGLQJLQ)URQWLHU3DUNRQDFUHV ORFDWHGVRXWKRI)URQWLHU3DUNZD\ZHVWRI*UHHQZRRG0HPRULDO'ULYH7KHSURSHUW\LV]RQHG $JULFXOWXUDO$' 'HVFULSWLRQRI$JHQGD,WHP 7KH6LWH3ODQVKRZVWKHSURSRVHGVTXDUHIRRW7HPSRUDU\%XLOGLQJ7KHSURSRVHGVWUXFWXUH KDVEHHQUHTXHVWHGE\WKH3DUN¶V'HSDUWPHQWWRDOORZIRUWHPSRUDU\VWRUDJHVSDFHIRUXSFRPLQJ VSRUWVOHDJXHV7KHSURSRVHG7HPSRUDU\%XLOGLQJZLOOEHUHPRYHGIURPWKHVLWHE\WKHHQGRI 'HFHPEHU 'HWDLOV RI WKH UHTXHVW DUH RXWOLQHG LQ WKH LQ WKH DWWDFKHG 5HTXHVW /HWWHU $ UHSUHVHQWDWLYHSLFWXUHRIWKHEXLOGLQJLVVKRZQEHORZ $FFHVVLVSURYLGHGIURP)URQWLHU3DUNZD\7KH6LWH3ODQFRQIRUPVWRWKHGHYHORSPHQWVWDQGDUGV $WWDFKHG'RFXPHQWV /RFDWLRQ0DS 6LWH3ODQ /HWWHURI,QWHQW 7RZQ6WDII5HFRPPHQGDWLRQ 7RZQVWDIIUHFRPPHQGVDSSURYDORIWKH6LWH3ODQ Prosper is a place where everyone matters. 3/$11,1* )5217,(53.:<7$/21/ 1 67$',80'5 :(6/(<'5 *5((1:22'0(025,$/'5 '</$1' 5 %($&21+,//'56$%,1('55867,&/1:$7(59,(:'5&2 / (0 $ 1 6 7±)HHW'PROPOSEDTEMPORARYBUILDING D19-0066FRONTIER PARK TEMPORARY BUILDING7HPSRUDU\%XLOGLQJ By Alex Glushko at 11:16 am, Jul 31, 2019 3DJHRI 7R 3ODQQLQJ =RQLQJ&RPPLVVLRQ ,WHP1RL )URP $OH[*OXVKNR$,&33ODQQLQJ0DQDJHU 5H 3ODQQLQJ =RQLQJ&RPPLVVLRQ0HHWLQJ±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rosper is a place where everyone matters. 3/$11,1* )5217,(53.:<7$/21/ 1 67$',80'5 :(6/(<'5 *5((1:22'0(025,$/'5 '</$1' 5 %($&21+,//'56$%,1('55867,&/1:$7(59,(:'5&2 / (0 $ 1 6 7±)HHW'PROPOSEDCELL TOWER LE01OVERALL SITE PLAN$7 76,7(180%(5)5217,(53$5.$7 76,7(1$0(';/6FDOH3URMHFWQXPEHU'DWH'UDZQE\&KHFNHGE\(QJLQHHU&HOHULV*URXS&RQVXOWLQJ(QJLQHHUV(/DPDU%OYG6XLWH$UOLQJWRQ7;3KRQH)D[5HJLVWUDWLRQ1R)&HOHULV*URXS&RQVXOWLQJ(QJLQHHUV(/DPDU%OYG6XLWH$UOLQJWRQ7;3KRQH)D[ZZZFHOHULVJURXSFRP67$03=*1R 'HVFULSWLRQ 'DWH$ /($6((;+,%,7 35(/,0,1$5<127)25&216758&7,21-$&% /($6((;+,%,7 & /($6((;+,%,7 ' /($6((;+,%,7 D19-0067 LE02DETAIL SITE PLAN /TOWER ELEVATION$7 76,7(180%(5)5217,(53$5.$7 76,7(1$0(';/6FDOH3URMHFWQXPEHU'DWH'UDZQE\&KHFNHGE\(QJLQHHU&HOHULV*URXS&RQVXOWLQJ(QJLQHHUV(/DPDU%OYG6XLWH$UOLQJWRQ7;3KRQH)D[5HJLVWUDWLRQ1R)&HOHULV*URXS&RQVXOWLQJ(QJLQHHUV(/DPDU%OYG6XLWH$UOLQJWRQ7;3KRQH)D[ZZZFHOHULVJURXSFRP67$03=*1R 'HVFULSWLRQ 'DWH$ /($6((;+,%,7 35(/,0,1$5<127)25&216758&7,21-$&% /($6((;+,%,7 & /($6((;+,%,7 ' /($6((;+,%,7 D19-0067 3DJHRI 7R 3ODQQLQJ =RQLQJ&RPPLVVLRQ,WHP1R )URP 6FRWW,QJDOOV$,&36HQLRU3ODQQHU 7KURXJK $OH[*OXVKNR$,&33ODQQLQJ0DQDJHU 5H 3ODQQLQJ =RQLQJ&RPPLVVLRQ0HHWLQJ±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± 7KH SXUSRVH RI WKLV UHTXHVW LV WR UH]RQH DFUHV IURP 3' WR 3ODQQHG 'HYHORSPHQW0XOWLIDPLO\ WR DOORZ IRU GHYHORSPHQW RI DQDJHUHVWULFWHG UHWLUHPHQW KRXVLQJFRPSOH[$VVKRZQRQ([KLELW'WKHFRPSOH[ZLOOFRQVLVWRIDWKUHHVWRU\ VTXDUHIRRWEXLOGLQJFRQWDLQLQJVLQJOHDQGWZREHGXQLWV,WZLOODOVRFRQVLVWRIIRXU VTXDUHIRRWWZRIDPLO\VLQJOHVWRU\³9LOODV´,QWRWDOWKHUHWLUHPHQWKRXVLQJFRPSOH[ZLOO FRQVLVWRIGZHOOLQJXQLWVZKLFKZLOOEHDJHUHVWULFWHGWRUHVLGHQWV\HDUVRIDJHDQGROGHU Prosper is a place where everyone matters. 3/$11,1* 3DJHRI $VRXWOLQHGLQ([KLELW&WKHDSSOLFDQWLVSURSRVLQJPRGLILFDWLRQVWRWKHEDVH0XOWLIDPLO\0) GLVWULFWDVRXWOLQHGEHORZ x3DUNLQJ±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x2SHQ6SDFH±7KH0XOWLIDPLO\]RQLQJGLVWULFWUHTXLUHVDPLQLPXPRISHUFHQWXVDEOHRSHQ VSDFH7KHDSSOLFDQWLVSURSRVLQJWRSURYLGHSHUFHQWXVDEOHRSHQVSDFHWKDWLQFOXGHVWKH IROORZLQJDPHQLWLHVDGRJSDUNSRROJDUGHQLQJEHGVDQGDVKDGHVWUXFWXUH7RVXSSOHPHQW WKHUHGXFHGRSHQVSDFHWKHDSSOLFDQWKDVLQFUHDVHGWKHIURQW\DUGODQGVFDSHVHWEDFNDORQJ 3UDLULH'ULYHIURPIHHWWRDSSUR[LPDWHO\IHHW6WDIIVXSSRUWVWKLVUHTXHVW x'U\'HWHQWLRQ±7KHDSSOLFDQWLVSURSRVLQJWRSURYLGHDGU\GHWHQWLRQSRQGZLWKODQGVFDSLQJLQ OLHXRIWKHUHTXLUHGZHWUHWHQWLRQSRQGDVUHTXLUHGXQGHUWKH7RZQ¶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± 7KH )XWXUH /DQG 8VH 3ODQ UHFRPPHQGV 86 'LVWULFW 7KH SURSRVHG]RQLQJUHTXHVWFRQIRUPVWRWKH)XWXUH/DQG8VH3ODQ 7KRURXJKIDUH3ODQ±7KHSURSHUW\KDVGLUHFWDFFHVVWRWKHIXWXUHH[WHQVLRQRI3UDLULH'ULYHDQG XOWLPDWHIRRWODQHGLYLGHGWKRURXJKIDUH7KLVUHTXHVWFRQIRUPVWRWKH7KRURXJKIDUH3ODQ 3DUNV0DVWHU3ODQ±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¶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± )HHW 6)&&&0&6)$&&&&&&&$&0%36)&=6663'3'3'3'3'3'3'3'3'3'3'3'3'3'$81,9(56,7<'586+,*+:$</(*$&<'5 35$,5 ,( '5%277/(%586+'5 63($5*5$66/1 0$+$5'3.:<:,1(&835'&$1$5<*5$66 /1=,/.(53.:<'$<)/2:(5'5± )HHW = (;+,%,7% 67$7(0(172),17(17$1'385326( 7KH3ODQQHG'HYHORSPHQW'LVWULFWSURYLGHVWKHDELOLW\WRGHYHORSDUHWLUHPHQWKRXVLQJFRPPXQLW\ ZLWKPXOWLSOHOLYLQJRSWLRQVDQGDPHQLWLHVRQDWUDFWRIODQGORFDWHGQHDUVLQJOHIDPLO\UHVLGHQWLDO PHGLFDOIDFLOLWLHVDQGUHJLRQDODWWUDFWLRQVDQGZLWKSUR[LPLW\WRSURPLQHQWWUDQVSRUWDWLRQFRUULGRUV = (;+,%,7& '(9(/230(1767$1'$5'6 &RQIRUPDQFH ZLWK WKH 7RZQ¶V =RQLQJ 2UGLQDQFH DQG 6XEGLYLVLRQ 2UGLQDQFH ([FHSW DV RWKHUZLVH VHW IRUWK LQ WKHVH 'HYHORSPHQW 6WDQGDUGV WKH UHJXODWLRQV RI WKH 7RZQ¶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±0XOWLIDPLO\5HVLGHQWLDOEXLOGLQJDVVKRZQRQWKH&RQFHSW3ODQ F 9LOOD±7ZR8QLW5HVLGHQFHVDVVKRZQRQWKH&RQFHSW3ODQ 5HJXODWLRQV $ 0D[LPXP3HUPLWWHG'HQVLW\GZHOOLQJXQLWV % 6L]HRI<DUGV 0LQLPXP)URQW<DUG x )LIW\IHHWIRURQHRUWZRVWRU\VWUXFWXUHV x 6HYHQW\ILYHIHHWIRUWKUHHVWRU\VWUXFWXUHV 0LQLPXP6LGH<DUG $GMDFHQWWR1RQUHVLGHQWLDO x 7ZHQW\ILYHIHHWIRURQHRUWZRVWRU\VWUXFWXUHV x 6HYHQW\ILYHIHHWIRUWKUHHVWRU\VWUXFWXUHV $GMDFHQWWR5HVLGHQWLDO x 7KLUW\IHHWIRURQHRUWZRVWRU\VWUXFWXUHV x 2QHKXQGUHGILIW\IHHWIRUWKUHHVWRU\VWUXFWXUHV 0LQLPXP5HDU<DUG x 7ZHQW\ILYHIHHWIRURQHRUWZRVWRU\VWUXFWXUHV x 6HYHQW\ILYHIHHWIRUWKUHHVWRU\VWUXFWXUHV 0LQLPXP6HSDUDWLRQ0DLQVWUXFWXUHVFRQVWUXFWHGRQWKHVDPHORWVKDOOPDLQWDLQD PLQLPXPVHSDUDWLRQRIWZHQW\IHHW & 0LQLPXP'ZHOOLQJ$UHD 2QHEHGURRP$WWDFKHGGZHOOLQJXQLW6L[KXQGUHGDQGILIW\VTXDUHIHHW 7ZREHGURRP$WWDFKHGGZHOOLQJXQLW1LQHKXQGUHGVTXDUHIHHW 7ZREHGURRP9LOODGZHOOLQJXQLW2QHWKRXVDQGVTXDUHIHHW ' 0D[LPXP+HLJKW $WWDFKHG±7KUHHVWRULHVQRJUHDWHUWKDQILIW\ILYHIHHWH[FOXVLYHRI FKLPQH\VDQGRWKHUDUFKLWHFWXUDOIHDWXUHVZKLFKPD\H[WHQGDPD[LPXPRIILYH IHHWDERYHPD[LPXPEXLOGLQJKHLJKW 9LOOD±2QHVWRU\QRJUHDWHUWKDQWKLUW\IHHWH[FOXVLYHRIFKLPQH\VDQGRWKHU DUFKLWHFWXUDOIHDWXUHVZKLFKPD\H[WHQGDPD[LPXPRIILYHIHHWDERYHPD[LPXP EXLOGLQJKHLJKW ( /RW&RYHUDJH6KDOOQRWH[FHHGILIW\SHUFHQW ) 2SHQ6SDFH$UHDVDQGDPHQLWLHVJHQHUDOO\FRQIRUPLQJWRWKH&RQFHSW3ODQPLQ RSHQVSDFHUHTXLUHG$PHQLWLHVLQFOXGHGRJSDUNSRROJDPHDUHDYHJHWDEOHJDUGHQ SXWWLQJJUHHQVKDGHVWUXFWXUHODQGVFDSLQJDQGVLGHZDONV * 3DUNLQJ $WWDFKHG±RQHVSDFHSHUGZHOOLQJXQLWRIZKLFKDPLQLPXP RIVKDOO EH HQFORVHGVSDFHVZLWKLQWKHDWWDFKHGUHVLGHQWLDOEXLOGLQJDQGVKDOOEHHQFORVHG VSDFHVZLWKLQGHWDFKHGJDUDJHV 9LOOD±RQHVSDFHSHUGZHOOLQJXQLW + 6FUHHQLQJ $QHLJKWIRRWPDVRQU\ZDOOVKDOOEHSURYLGHGDGMDFHQWWRWKHVLQJOHIDPLO\UHVLGHQWLDO ]RQHGSURSHUW\DORQJWKHZHVWSURSHUW\OLQHDVJHQHUDOO\VKRZQRQ([KLELW' , 'HWHQWLRQ)DFLOLW\ 7KHGHWHQWLRQIDFLOLW\ORFDWHGZLWKLQWKLVSURSHUW\VKDOOEHDOORZHGWREHDGU\EDVLQ - 3DUN/DQG'HGLFDWLRQ 7KHWUDFW¶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xhibit FCase No. Z19-0005 uÉÌÊÌu¯ ¥¡©Ì²«Ìv°¢¦¢ªÌ£¤Ì±¨¬ÌÌ ³Ì sÌ1Ì"6 gCjD\U .]rEqU/~.0n1^2 3c8 % % % %% //06= 2=3= 4=6= 7=3 -.=6+= 7=;=8=9<<3= ,= //17=6=_K4hik TL5 67vF 8 wRM9`GNaZmXx*:[-JAylHIW!V""Yb;#<z{$=? "$$ $ $$ $ $$ B| $6 6 %6&6 ' (6 ! 6 )6*+,6 -6.#. /6,06 1626 3 6 646<Ì 4Ì5Ì6Ì;Ì7Ì8Ì9ÌGÌ:Ì ÁÌ ;Ì<Ì4=4ÌÂÌ >?Ì@ÌAÌBÌCÌ@DE9ÌFÌÃÄÌ GÌWXÌ ÅÌ 6HIJÌ6Y2Ì KLÌ KMÌ NÌ OÌ Z[Ì ¶¶·ÌPQÌ RÌ O%c& d >}P'Q()*+S,!6"¸\Ì6 #$ %&'()*+6SÌ6¹TrÌ 6Ì ,2Ì- wt|Ìi]if ÌÌ §/^ÌÀÌ0Ì !" #$ %&'((:=5=)* % !!"%%%#$%66 656 z2Ìln ^Ìd]t~ÌÌÌxÌz3Ìi^ÌmÌ _]e ~ÌÌt{Ìº~Ì.»Ìz2Ì`qpÌj]l¼~ÌÌt|Ì½Ì¾}2Ì q´Ì/®µÌt~~ÌÌt|Ì ¿ÌÌÌ|ÌUÌ^Ìa]t~ÌÌÌyÌ|Ìk^/lÌb]g¼~ÌÌtzÌ|Ìb^ÌpÌ`]gÆ~Ì.ÌÌÇÈVÌt~. ÌtzÌ ¿|Ì^/^ÌÌÌ #$$ "$$ $ $$ $!$$ $ $$ $ $#$$ $ $$ $ $$@fpset "$$ $ $$pos $ $$|2Ìlo/ ^Ìc]t~ÌÌÌyÌ|2Ìi^Ì/lÌ_]h ~~ÌÌt}ÌË~Ì..ÌtÌtzÌ ¿ÌÌÌ Exhibit FCase No. Z19-0005 !$' '' "'' ''' !%' ' ' "' ' ''' !%' ' ' #'' '' !$' ' ' #''&' ' ' -8WFGWWR*12B=>W=2W@53W-8W $KW&W #12B=>W>9*B-W-8W #"Q&W&W 22W ESJW7&21B=>W>:*B-W-8W KW)W01W *22WB=>W>9*B.W W-8W15<W4AW-:W&WWHR*21C=?W=2WA5+3W-:W%L&W# 21WC=?W>8*B-W-9WM)W!#T22W *22 C=>W>8*B-W U-8W W25<W28@W-8W'N#W#W21WB=>W=2W@5,3W-8W &%N(W &WD=@WB=>W=2W@5,3VW-8W$ W&W6#12B=>W>:*B-W-8WOWP)W!#I21W *22W B=>W>;*B/W -8W25<W28AWExhibit F - Case No. 19-0005 ¥ʱ}ƐĤʱĪ YÅ£`Å£`Å£`ÅǮʱīĥʱĬ(ȗʱvʱ£`Å£aÅ£`Å£aÅ£`Å£aÅ$&ĭ£bÅ£bÅ6Å£`$Å 0&ʱ 3ʱGfʱ 1 I# Ùʱ77ʱʄSĩ Ȧ>ʱ ʱ (ʱ< ǭȁʱº ʱʱ ʱ- ʱ ʱ· ʱʱ *ɁW nʱ9ʱ i ʱȴ` ʱʱʱ@ʱ Ǿʱb©Hʱ¢ʱʱʅʱ ƽȵʱ Ôʱ ǽʱ ʆʱ ʇĮ ǯœʱ Ƨʱ ƾʱŔʱǁʱ ïʱ¤|Å¤cÅª=H;=ÅZ#RS Å®¯ [°Å%Å:Å>¥?>¥@A¥BC¥@Åru &ÅTÅvwÅU'{ÅÅ>¥@Å@¥?ÅA¥BC¥@%& !"&x~(Å¦§Å¨dÅ@©DEFªGÅH¨@ÅeÅ±Å 246ʱ cIçʱYYʱ0Àʱ&O0Dʱ Aʱį ,ʱ"ʱʱ ɏŸ<ǰȍʱʱ *ʱBʱuuʱ9;ǥ ʱʱ ʱ ʱʱʱ9 Ȓʱ ʱʱCʱ>ʱ ʱ"ʱʱʱ < ʱʱ íy]ʱʱ;ʱʱ ʱ ʱ ~~~ʱȬʱ3=jʱ 34G AʱȭE8JİVV){t pʱ82g2ʱÑʱ#'!''%# ' #' ' &'ƴ5ʱ60%E<6B4E"7,#.E?:8ǎʱ 1)#oʱ _ʱ ǷtʱE+7 4%"@7DE8<64'EÇ&ʱ3ʱ Ƞ7ʱ 1 sI# Úʱf7ʱRʱɚ(ʱ ȽʱʱRʱɗʱRʱÜɥʱŕʱĦħʱRʱɝʱRʱÝɦʱ Ƒʱ ŭŮŖʱċʱʉʱɜʱɵÖʱʊĲʋðʌɶʱ×TñʱTʍĳǴʱɷʱʎƆČʱĴŴʱʏTɸʐTɧʑÐʱʒʱ)Åp}ÅftÅp~ÅatÅ*Å²ÅgsÅaÅ³"aÅIJPÅoÅaÅ´Å+Å:,ÅfÅflfÅmÅptÅgÅhiÅ-.ÅÅÅÅÅ"gÅK ʱʱ<ʱƒȆřƷ]ʱ<ʱ ¬U5ʱ¤¢ʱ<ʱʱ ǨŘBB nʱ<ʱƪU5ʱ6/%E;6B4E"7,#.E+7 4&"?7CE8<64'EEJʱ £òʱIɀtʱ33ʱ\\ƋȘʱ&O02ʱ ʓDȉ(ʱ ɅɩŚĞňɪʱ ɘ¸Ⱦʱ0&ʱ &P0Eʱ Aʱ@ ʱ -ʱ"ʱŒ}ʱ«¦5ʱ 62%E;6B4E"7-#.EE+7 4%"@7DE8=64(E{ 'ʱ ʱƲʱȹĢģŎ wʱ ʱºƹ-ʱʱʔŊŋǗ > ʱǙ;'ʱ ʱǚʱʱ *zW q ʱʱ , ʱʱ` ʱʱʱEɊʱ cËʱ3Mʱșʱ&P2ʱ Aʱ9,ʱƦʱʱʱC ʱʱ *yqʱʱ'ȇʱʱ ʱ ʱ EEʱ ʱʱĶ ʱ ʱǩʱ -ʱʱmhʱl>ʱ ʱ";ʱʱQʱ Ǜʱʱ ƵzW Hʱ9ʱ; ʱʱ ʱ' ʱ'%# ' !''#''#'!''%# ' '?:4Dʱ 1)#soʱʱƞĈƎåpʱ ,ʱ"ʱʱ[ʱ ɒʱʱ *ʱWó ʱƳʱǘʱmhʱʱ ʱ' ʱǜʱƺƈek§ xƶ ƫʱȯîx§ x%%ǈ ¯N%/ķLȎ ɋÉǐ/ʱ9$!3)E E E E(wʱ%%ǉ È e¯ ʱɫN%/ʱ%Nʱ ʕʱ ,!'%# ' !''#'ƖUU5ʱ61&E<6B4E"7-#.E':$!3*E E E EǞ6ʱ÷ ȼ¿Ȕk| Ka Ƭʱ ƠƯaK|K$%ȕZ ʱLN$/dȐ ½Z Ǖ/U5ʱ+7 4%"A7CE8<64'E,ʱ";;ʱ.ʱQʱ țʱ.ʱ*ʱB^ʱʱ ʱʱCʱ Ȩ ʱɌ ¾ʱ ŉĉ Õ Ūʱ ɓ ¾ʱ ǀʱ ł Ɖʱ ʡʱǹŜʱɭʱɛʱɣĊĺɕʱƗʱ űʱøʱɞʱɐʱŲġʱ ɟʱ Ďʱ Øʱ ƿʱ ǵʱŝďʱȀùʱ Şɺʱ ƨ¡ɮĐʱ úɻʱ şŹŠʱ đğůʱ ûɼʱ) !) %) )& ) )" " " " " " " " " " " "ʢʱĠŷʱéʱ") ) ') ) ) ()šʱßʱ ſ ƀʱ Ɓʱ Ţʱ &źĒēʱŽ¡ʱţĔʱŃ6ƄȺȸʣʱ ą# )ūʤuŌŰʱ üýʱ ɯÎĻļÏ Î Ť ɽʱťŦʱŐžʱĽTʘʱʙʱ ľÐ )őŵʱŧʱńĆʱ Ƕʱ$)ɔʱŅ&ʥʱ ))ʦʧʨʩʱ &Żʱ^Å ¹º_Å»¼ÅjÅjÅjÅ½Å 9Å¾¿À Å¡¬ÅÁÅ¢ÅżʱwĘʱ)ćʱ"" " !"jÅaÅjÅjÅWÅ7ÅÂÅXÅÅÃÄ ęʱ 3Å!ÅnÅÅÅ4Å5Å zÅ 8Å&ƃųʱʚʱƂʱ) ))) ))ɰɱȊþʱȂĕʱìʱ Ėʱ àʱ\ʱÿʱĀʱƘ\ʱ\ʱɲɡŏāʱʱƙʱɾʱǸʱƇʱɿʱáʱĿJÊʱ ʀʱ Ĩʱȶʱ (ɠʱ ǟʱ Êʱ ʁʱĂăêʱŨŀʛʜʝʞʟʱŶėʱ Łʠʱ ĄʱMLMLMLMLÅMLMLMOMLÅ`ÅMLÅMLÅ`Å #Ěʱ ^Ŭʱë ʪʱǼʱʂʱʃʱ/ÅVµ\Å¶0ÅyÅ1Å£aÅ£`Å£jÅ£`Å9Å·2]Åũȷʱ" " "K£KÅK£LÅM£KÅN£OÅ&pÅaÅqtÅp~Å¸Å«ÅÅÅÅÅkÅ» Q-ʱCʱʱ ʱ ʱʱ° ʱǝ>ʱ ʱ ʱʱ *B^ʱʱ ,ʱlś- ʱʱʱ ʱǻʱbªHʱ6ʱ2Oʱ cô ĸæʱ7fʱ0Țʱ&O0Dʱ AʱM=Jʱ38Gʱ» 'Q-ʱCʱʱ ʱ ʱʱ° - ʱǠʱ ʱǡ ʱʱ *BHʱʱ ,ʱlɳ- ʱʱʱ ʱǿʱbªHʱ6ʱǖɎ(ʱ ơƏɴņƚÏʱ®Ǣ¸ʫʱÅȖ&ʱ Ȝ8®ÅǓʱʱ .ʱ"ʱʱʱC ʱʱ *zW qʱʱ ɍɃʱʱ ʱ ƥ ʱʱ ʱĹ EE E 62%E;6B4E"7-#.EE+7 4%"@7DE8=64(Eʱ .ʱʱ ʱʱɑƤQʱSʬÓʱ <QÅ ! #'%# ' !''#!'%# '¬«5ʱ6/%E=6B4E"7,#.E?:8³ěʱ 1)# ^ʱĜʱ ʭƻȃ¿LÄȳǂKaƭƛƼ aK| KǄ%±Z LǤ$ȡdȝ½ǔ/ʱ?:8Eʱ 1)# âoʱ _ʱ Ʃư5ʱ+7 4&"?7CE8<64'E ¦5ʱ61&E<6B4E"7-#.EE+7 4%"@7DE8;64'E 62%E;6B4E"7-#.E+7 5%"@7DE8=64(E 61%E;6B4E"7-#.E+7 4%"@7DE8>64'E ,ʱ"ǬɆʱʱ ʱʱʱ$$Ǌǆ dʱȥ/$Ä ǫʱ''0&ʱ MʱG7ʱ 1I#Ûʱ77ʱʈSı ɈʱǱʱ>ʱ ʱ¥ʱɂ(ʱǦǺʱǧ ƅʱʱ ʱ- ʱ ʱ·ǲʱʱ *Ƣƣ nʱ9ʱ i ʱʱǳʱ` ʱʱʱ}ʱȿʱ Ȼʱb©Hʱ6ʱ246ʱ cɤ vəʱYMʱ0Àʱ&O0Dʱ Aʱ iʱ"mhʱʱʱ Ʉȟ<čȲɇʱʱ *Bŗʱ9ʱō; ʱʱ ʱ' ʱƸ ¤ȓʱ@ʱʱʱCʱ>ʱ .Ǐʱ"mhʱʱʱ ʱʱƜy]ʱʱ'ʱʱ ʱ ʱ 3=jʱ 34GʱȮʱE8Jʱ`VʱVƝ{ɨʱÑʱ82g2ʱ#'''%# '?:P³ʱ 1)# pʱ _ʱVÍ ĵ£ÌËʱ%# '' !"'?:ȈDʱ 1)# rʱʱƓɬvɖÌÍ ʱʖSSF!!ʱ@´ʱ'ʱ Ã!ʱ.ȣ=j+ʱ'ʱǪ"Ǒʱjʱ+!!ʱ +ʱ,XlʱÁFȋʱ F!!ʱ ʱ´ʱȏ.F'FǌʱƔƌʱǒ!Fʱ¹¹=Xʱ%# ''?:P¶ʱ Ȅ)# ãʱĝʱ 'E 62%E;6B4E"7-#.EE+7 4%"@7DE8=64(E]ʱ!Ȟ[+ʱ!@++ʱÂÂ+ʱ[.ʱ¼ÃXʱ@ʱ +ʱŇʮʱ>ʱ.ʱʱ @ ʱʱ[ʱʯÓʱʰ ! #'$'?:PEʱ 1)# ä rʱ_ʱ ,ʱ"ʱʱ' ʱʱ ʱ$%±Z ȧLdɉʱN$/ʱ$Nʱ(ʱÈ%² eʱȤ/kʱ$$ǋZ ȩLʱÆ/ǃ Ȣʱ f=ʱ74Gʱ AʱȰʱ4(ʱʱ )¨õ rʱɹʱPǍgDAʱµ46ʱ # sʱIƟÞʱYYʱÇ&ʱ ƍƕʱ ȫ4ʗʱ4(ʱÒʱöʱ M=ʱ MGʱȱʱ¶6ʱʱ )¨èʱÒʱOµg2ʱ ʱ ʱʱʱȅʱ!ȑJʱ! ʱ [ǅ+ʱʱ +ʱǣXʱƮʱÁ=ʱ! -ʱ¼ Xʱ9 iʱ"ʱʱ @ ʱʱQʱƊʱ ʱ$%²ǇÉȌeʱÆ/kʱ Ȫ Exhibit FCase No. Z19-0005 Exhibit FCase No. Z19-0005 3DJHRI 7R 3ODQQLQJ =RQLQJ&RPPLVVLRQ,WHP1R )URP 6FRWW,QJDOOV$,&36HQLRU3ODQQHU 7KURXJK $OH[*OXVKNR$,&33ODQQLQJ0DQDJHU 5H 3ODQQLQJ =RQLQJ&RPPLVVLRQ0HHWLQJ±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±7KHSXUSRVHRIWKLVUHTXHVWLVWRUH]RQHWKHSURSHUW\WRWKH2IILFH'LVWULFW WRDOORZIRUGHYHORSPHQWLQWKHIXWXUH$WWKHWLPHRIDQDSSOLFDWLRQIRU³VWUDLJKW´]RQLQJWKH DSSOLFDQW LV QRW UHTXLUHG WR VXEPLW DQ H[KLELWGHSLFWLQJ KRZ WKH SURSHUW\ ZLOO EH VSHFLILFDOO\ GHYHORSHGRUHOHYDWLRQVRIWKHSURSRVHGEXLOGLQJ3ULRUWRGHYHORSPHQWWKHGHYHORSHUZLOOEH UHTXLUHGWRVXEPLWD3UHOLPLQDU\6LWH3ODQDQGRUD6LWH3ODQIRUUHYLHZDQGDSSURYDOE\WKH 3ODQQLQJ =RQLQJ&RPPLVVLRQ7KHDSSOLFDQWKDVEHHQDGYLVHGRIWKHVWDQGDUGVQHFHVVDU\ IRUGHYHORSPHQW Prosper is a place where everyone matters. 3/$11,1* 3DJHRI )XWXUH /DQG 8VH 3ODQ ± 7KH )XWXUH /DQG 8VH 3ODQ UHFRPPHQGV 86 'LVWULFW 7KH SURSRVHG]RQLQJUHTXHVWFRQIRUPVWRWKH)XWXUH/DQG8VH3ODQ 7KRURXJKIDUH3ODQ±7KHSURSHUW\ZLOOKDYHGLUHFWDFFHVVWRWKHIXWXUHH[WHQVLRQRI0DKDUG 3DUNZD\DIRRWODQHGLYLGHGWKRURXJKIDUHDQGWKHIXWXUHH[WHQVLRQRI3UDLULH'ULYHD IRRWODQHGLYLGHGWKRURXJKIDUHWKLVUHTXHVWFRPSOLHVZLWKWKH7KRURXJKIDUH3ODQ 3DUNV0DVWHU3ODQ±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± )HHW 6)&&&0&6)$&&&&&&&$&0%36)&=6663'3'3'3'3'3'3'3'3'3'3'3'3'3'$81,9(56,7<'586+,*+:$</(*$&<'5 35$,5 ,( '5%277/(%586+'5 63($5*5$66/1 0$+$5'3.:<:,1(&835'&$1$5<*5$66 /1=,/.(53.:<'$<)/2:(5'5± )HHW 3DJHRI 7R 3ODQQLQJ =RQLQJ&RPPLVVLRQ,WHP1R )URP $OH[*OXVKNR$,&33ODQQLQJ0DQDJHU 5H 3ODQQLQJ =RQLQJ&RPPLVVLRQ0HHWLQJ±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rosper is a place where everyone matters. 3/$11,1* 3DJHRI 7KH SURSRVHG ]RQLQJ IRU 7R\RWD ZLOO UHPDLQ VLJQLILFDQWO\ WKH VDPH DV WKH H[LVWLQJ ]RQLQJ KRZHYHUDVVKRZQRQ([KLELW'WKHOD\RXWZLOOEHVOLJKWO\PRGLILHGLQRUGHUWRSURYLGHFURVV DFFHVVIURPWKH7R\RWDGHDOHUVKLSWRWKH3HQVNHFROOLVLRQUHSDLUIDFLOLW\WRWKHQRUWK:LWKUHJDUG WRWKH3HQVNHFROOLVLRQUHSDLUIDFLOLW\DVVKRZQRQ([KLELW'WKH3HQVNHFROOLVLRQUHSDLUIDFLOLW\LV SURSRVHGWRFRQVLVWRIDRQHVWRU\VTXDUHIRRWEXLOGLQJZLWKWRWDOSDUNLQJVSDFHV LQWHQGHGWRVHUYHFXVWRPHUVHPSOR\HHVDQGVWRUDJH $VQRWHGEHORZWKH([HFXWLYH'HYHORSPHQW7HDP('7UHFRPPHQGHGRQVWUHHWSDUNLQJIRU FXVWRPHUV HPSOR\HHV RU RWKHU YHKLFOHV UHODWHG WR WKH 7R\RWD 5DSLG 5HSDLU WUDFW VKDOO EH SURKLELWHGDQGWKDWDOOFROOLVLRQUHODWHGYHKLFOHVPXVWEHVWRUHGDQGVFUHHQHGRQWKHUDSLGUHSDLU WUDFWQRWRQWKH7R\RWDGHDOHUVKLSWUDFW$VVKRZQRQ([KLELW&WKHDSSOLFDQWKDVLQFOXGHGWKH ('7¶VUHFRPPHQGDWLRQLQWKHSURSRVHGGHYHORSPHQWVWDQGDUGV $VVKRZQRQ([KLELW)WKHSURSRVHGEXLOGLQJLVLQWHQGHGWREHFRQVWUXFWHGSULPDULO\RIEULFNDQG VWRQH,QUHVSRQVHWR+RXVH%LOOZKLFKZLOOJRLQWRHIIHFWRQ6HSWHPEHUDQGGRHV QRWDOORZPXQLFLSDOLWLHVWRUHJXODWHSHUPLWWHGPDVRQU\PDWHULDOVZLWK]RQLQJDQGLQFRQMXQFWLRQ ZLWKD'HYHORSPHQW$JUHHPHQWUHODWHGWRULJKWRIZD\DQGHDVHPHQWGHGLFDWLRQWKHDSSOLFDQWLV SURSRVLQJWRUHTXLUHFRQVWUXFWLRQRIWKHSURSRVHGEXLOGLQJVLQDFFRUGDQFHZLWK([KLELW) )XWXUH/DQG8VH3ODQ±7KH)XWXUH/DQG8VH3ODQUHFRPPHQGV86'LVWULFWWKLVUHTXHVW FRPSOLHVZLWKWKH)XWXUH/DQG8VH3ODQ 7KRURXJKIDUH3ODQ±7KHSURSHUW\KDVGLUHFWDFFHVVWR86DODQHGLYLGHGKLJKZD\DQG 0DKDUG 3DUNZD\ D IRRW ODQH GLYLGHG WKRURXJKIDUH WKLV UHTXHVW FRPSOLHV ZLWK WKH 7KRURXJKIDUH3ODQ0DKDUG3DUNZD\ZLOOKDYHWREHH[WHQGHGWRWKHQRUWKHUQSURSHUW\OLQHRIWKH 3HQVNHIDFLOLW\ 3DUNV0DVWHU3ODQ±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¶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± )HHW &5=6663'3'3'3'3'3'3'3'3'3'3'3'6)&&&0&&&&&6)$&&&$&&6)6)$81,9(56,7<'586+,*+:$<35$,5 ,( '5 /(*$&<'5 %277/(%586+'5 63($5*5$66/1 0$+$5'3.:<:,1(&835'&$1$5<*5$66 /1'$<)/2:(5'5± )HHW 1 = (;+,%,7³%´ 67$7(0(172),17(17$1'385326( 7KH3ODQQHG'HYHORSPHQW'LVWULFWSURYLGHVWKHDELOLW\WRDFFRPPRGDWHDXWRPRELOHVDOHVDXWRPRELOH VHUYLFHDQGDXWRPRELOHUHSDLUVWRWKHUHJLRQDOFRPPXQLW\RQDWUDFWRIODQGZLWKLQWKH7RZQRI3URVSHU ORFDWHGDWWKHLQWHUVHFWLRQRIDVWDWHKLJKZD\DQGD0LQRU7KRURXJKIDUH 7KH PDMRULW\ RI WKH 3ODQQHG 'HYHORSPHQW 'LVWULFW ZLOO DFFRPPRGDWH DQ H[LVWLQJ DXWRPRELOH VDOHV IDFLOLW\DQGSURYLGHIRUWKHDGGLWLRQRIDQDGMDFHQWDXWRPRELOHUHSDLUIDFLOLW\ = (;+,%,7³&´ '(9(/230(1767$1'$5'6 &RQIRUPDQFHZLWKWKH7RZQ¶V=RQLQJ2UGLQDQFHDQG6XEGLYLVLRQ2UGLQDQFH([FHSWDV RWKHUZLVHVHW IRUWKLQWKHVH'HYHORSPHQW6WDQGDUGVWKHUHJXODWLRQVRIWKH7RZQ¶V=RQLQJ 2UGLQDQFH2UGLQDQFH1R DV LW H[LVWV RU PD\ EH DPHQGHG DQG WKH 6XEGLYLVLRQ 2UGLQDQFH DV LW H[LVWV RU PD\ EH DPHQGHGVKDOODSSO\ 7UDFW± $Q H[LVWLQJDXWRPRELOHGHDOHUVKLSORFDWHGRQDSSUR[LPDWHO\DFUHVSUHYLRXVO\ DXWKRUL]HGE\6832UGLQDQFH1RIRUWKHRSHUDWLRQ RID1HZ$XWRPRELOH6DOHV/HDVLQJ )DFLOLW\ ([FHSWDVQRWHGEHORZWKH7UDFWVKDOOFRQWLQXHWREHXVHGLQDFFRUGDQFHZLWKWKH&RPPHUFLDO& 'LVWULFWDVLWH[LVWVRUPD\EHDPHQGHG 'HYHORSPHQW3ODQV D &RQFHSW 3ODQ7KHWUDFWVKDOOFRQWLQXHWREHXVHGLQ JHQHUDODFFRUGDQFHZLWKWKHDWWDFKHG FRQFHSW SODQVHWIRUWKLQ([KLELW' E (OHYDWLRQV7KHWUDFWVKDOOFRQWLQXHWREHXVHGLQJHQHUDODFFRUGDQFHZLWKWKHDWWDFKHGIDo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± $SURSRVHGDXWRPRWLYHERG\UHSDLUIDFLOLW\ORFDWHGRQDSSUR[LPDWHO\DFUHV ([FHSWDVQRWHGEHORZWKH7UDFWVKDOOGHYHORSLQDFFRUGDQFHZLWKWKH&RPPHUFLDO&'LVWULFWDV LWH[LVWVRUPD\EHDPHQGHG 'HYHORSPHQW3ODQV D &RQFHSW 3ODQ7KHWUDFWVKDOOEHGHYHORSHGLQJHQHUDODFFRUGDQFHZLWKWKHDWWDFKHGFRQFHSW SODQVHWIRUWKLQ([KLELW' E (OHYDWLRQV7KHWUDFWVKDOOEHGHYHORSHGLQJHQHUDODFFRUGDQFHZLWKWKHDWWDFKHGIDo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¶WDOOPDVRQU\VFUHHQLQJZDOOVKDOOEHSURYLGHGDGMDFHQWWRDQ\UHVLGHQWLDOO\]RQHGSURSHUW\ DQGFRQVWUXFWHGRIPDWHULDOVFRQVLVWHQWZLWKDQ\VFUHHQLQJSURYLGHGRQWKHHDVWHUQDGMDFHQW SURSHUW\ 3DUNLQJ2QVWUHHWSDUNLQJIRUFXVWRPHUVHPSOR\HHVRURWKHUYHKLFOHVUHODWHGWRWKHDXWRPRWLYH ERG\UHSDLUIDFLOLW\ VKDOOEHSURKLELWHGDQGDOOUHSDLUUHODWHGYHKLFOHVVKDOO EHVWRUHGDQGVFUHHQHG RQ 7UDFWDQGVKDOOEHSURKLELWHGRQ7UDFW Scale: 1"=30' July, 2019 SEI Job No. 18-225/2&$7,210$3ϭΗсϮϬϬϬΖWZK:d>Kd/KE7RZQ&DVH1R=¬¬¬¬¬¬¬¬¬(;+,%,7'¬¬¬¬¬¬¬¬¬¬¬¬*6735263(5%/2&.$/27 ,17+(72:12)35263(5&2//,1&2817<7(;$6&2//,1&26&+22//$1'6859(<$%6712$FUHVVariable width R.O.W.$FUHV6T)W 4 = (;+,%,7³(´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rosper is a place where everyone matters. &RXQFLPHPEHUV9RJHOVDQJ0LOOHUDQG$QGUHV$EVHQW &DOOWR2UGHU5ROO&DOO ,QYRFDWLRQ3OHGJHRI$OOHJLDQFHDQG3OHGJHWRWKH7H[DV)ODJ $QQRXQFHPHQWVRIUHFHQWDQGXSFRPLQJHYHQWV 3UHVHQWDWLRQV x 3UHVHQWDWLRQ E\ WKH 6WDWH RI 7H[DV )LUH 0DUVKDO¶V 2IILFH UHJDUGLQJ WKH 7RZQ RI 3URVSHU¶V,62UDWLQJ6% $*(1'$%5,(),1* 4XHVWLRQVDERXWLWHPVOLVWHGRQWKH5HJXODU0HHWLQJDJHQGD 'LVFXVVLRQ,WHPV x 'LVFXVVLRQUHJDUGLQJ3ROLFH'HSDUWPHQWVWDIILQJVWXG\'. x 'LVFXVVLRQUHJDUGLQJSODQQHGVWDIILQJDQGIXWXUHILUHVWDWLRQVWUDWHJLHV6% &216(17$*(1'$$OO&RQVHQW$JHQGD,WHPV$SSURYHG ,WHPVSODFHGRQWKH&RQVHQW$JHQGDDUHFRQVLGHUHGURXWLQHLQQDWXUHDQGQRQ FRQWURYHUVLDO7KH&RQVHQW$JHQGDFDQEHDFWHGXSRQLQRQHPRWLRQ,WHPVPD\ EHUHPRYHGIURPWKH&RQVHQW$JHQGDE\WKHUHTXHVWRI&RXQFLO0HPEHUVRUVWDII D &RQVLGHUDQGDFWXSRQPLQXWHVIURPWKHIROORZLQJ7RZQ&RXQFLOPHHWLQJV5% x 5HJXODU0HHWLQJ±-XO\ x -RLQW0HHWLQJZLWKWKH3URVSHU(FRQRPLF'HYHORSPHQW&RUSRUDWLRQ%RDUGRI 'LUHFWRUV±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¶VVDQLWDU\VHZHU PHWHULQJVWDWLRQIDFLOLWLHV+: J &RQVLGHUDQGDFWXSRQDQRUGLQDQFHDEDQGRQLQJDVHJPHQWRI+DUSHU5RDGULJKW RIZD\ORFDWHGRQWKHQRUWKVLGHRI)LVKWUDS5RDGHDVWRI7HHO3DUNZD\$* K &RQVLGHUDQGDFWXSRQZKHWKHUWRGLUHFWVWDIIWRVXEPLWDZULWWHQQRWLFHRIDSSHDO RQEHKDOIRIWKH7RZQ&RXQFLOWRWKH'HYHORSPHQW6HUYLFHV'HSDUWPHQWSXUVXDQW WR&KDSWHU6HFWLRQ&DQG%RIWKH7RZQ¶V=RQLQJ2UGLQDQFH UHJDUGLQJDFWLRQWDNHQE\WKH3ODQQLQJ =RQLQJ&RPPLVVLRQRQDQ\6LWH3ODQRU 3UHOLPLQDU\6LWH3ODQ$* &,7,=(1&200(176 7KHSXEOLFLVLQYLWHGWRDGGUHVVWKH&RXQFLORQDQ\WRSLF+RZHYHUWKH&RXQFLOLV XQDEOHWRGLVFXVVRUWDNHDFWLRQRQDQ\WRSLFQRWOLVWHGRQWKLVDJHQGD3OHDVH FRPSOHWHD³3XEOLF0HHWLQJ$SSHDUDQFH&DUG´DQGSUHVHQWLWWRWKH7RZQ6HFUHWDU\ SULRUWRWKHPHHWLQJ 5(*8/$5$*(1'$ ,I\RXZLVKWRDGGUHVVWKH&RXQFLOGXULQJWKHUHJXODUDJHQGDSRUWLRQRIWKHPHHWLQJ SOHDVHILOORXWD³3XEOLF0HHWLQJ $SSHDUDQFH&DUG´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´KLJK EHUPV &RQVLGHUDQGDFWXSRQDZDUGLQJ%LG1R%WR5RDGZD\6ROXWLRQV,QFUHODWHGWR FRQVWUXFWLRQVHUYLFHVIRUWKH7UDIILF6LJQDO,QVWDOODWLRQDW&RLW5RDGDQG()LUVW6WUHHW 3URMHFWDQGDXWKRUL]LQJWKH7RZQ0DQDJHUWRH[HFXWHDFRQVWUXFWLRQDJUHHPHQWIRUWKH VDPH3$7DEOHGWR$XJXVW&RXFLO0HHWLQJ &RQVLGHUDQGDFWXSRQDXWKRUL]LQJWKH7RZQ0DQDJHUWRH[HFXWHD3URIHVVLRQDO6HUYLFHV $JUHHPHQWEHWZHHQ+DOII$VVRFLDWHV,QFDQGWKH7RZQRI3URVSHU7H[DVUHODWHGWRWKH +LNHDQG%LNH7UDLO0DVWHU3ODQ'5$SSURYHG 'LVFXVVLRQUHJDUGLQJWKHXWLOL]DWLRQRI7RZQVSRUWVILHOGV'5 5(68/76 3DJHRI (;(&87,9(6(66,21 5HFHVV LQWR &ORVHG 6HVVLRQ LQ FRPSOLDQFH ZLWK 6HFWLRQ HW VHT 7H[DV *RYHUQPHQW &RGH DV DXWKRUL]HG E\ WKH 7H[DV 2SHQ 0HHWLQJV $FWWR GHOLEHUDWH UHJDUGLQJ 13a. 6HFWLRQ±7RGLVFXVVDQGFRQVLGHUHFRQRPLFGHYHORSPHQWLQFHQWLYHV 13b.6HFWLRQ±7RGLVFXVVDQGFRQVLGHUSXUFKDVHH[FKDQJHOHDVHRUYDOXHRI UHDOSURSHUW\IRUPXQLFLSDOSXUSRVHVDQGDOOPDWWHUVLQFLGHQWDQGUHODWHGWKHUHWR 13c. 6HFWLRQ±7RGLVFXVVDQGFRQVLGHUSHUVRQQHOPDWWHUVDQGDOOPDWWHUV LQFLGHQWDQGUHODWHGWKHUHWR 5HFRQYHQHLQ5HJXODU6HVVLRQDQGWDNHDQ\DFWLRQQHFHVVDU\DVDUHVXOWRIWKH&ORVHG 6HVVLRQ 3RVVLEO\GLUHFW7RZQVWDIIWRVFKHGXOHWRSLFVIRUGLVFXVVLRQDWDIXWXUHPHHWLQJ $GMRXUQ