Shin-Etsu Chemical

Live  

Shin-Etsu Chemical Co., Ltd. is a Japanese chemical company headquartered in Tokyo. It was founded in 1926 and is now one of the largest chemical companies in the world. The company produces a wide range of products including silicones, synthetic resins, semiconductor materials, and photomask blanks. It also has diversified operations in the fields of electric power, pharmaceuticals, and optical disc production. Shin-Etsu Chemical has a strong global presence with subsidiaries and affiliates in Asia, the Americas, Europe, and Africa.
The company’s mission is creating new value by searching for ways to meet the constantly changing needs of society, and delivering the highest-quality products and services to our customers. Shin-Etsu places a strong emphasis on research and development, with a dedicated R&D center and collaborations with universities and research institutions around the world.
In addition to its business operations, Shin-Etsu is committed to sustainable practices and has established environmental, health, and safety management systems to minimize its impact on the environment. The company also actively promotes diversity and inclusion efforts through programs focused on gender equality and employee development.
Shin-Etsu Chemical is listed on the Tokyo Stock Exchange and has a strong financial performance, with steady growth and profitability. It has received numerous awards and recognition for its products and services, as well as its commitment to corporate responsibility. The company continues to innovate and expand its operations globally, striving to be a leader in the chemical industry.

U2hpRXRzdS BDaGVtaWNh bCBpcyBhIG JpZyBjb21w YW55IGZyb2 0gSmFwYW4g dGhhdCBtYW tlcyBkaWZm ZXJlbnQgdH lwZXMgb2Yg Y2hlbWljYW xzIGFuZCBt YXRlcmlhbH MuIEltYWdp bmUgdGhhdC B0aGUgY29t cGFueSBpcy BsaWtlIGEg a2l0Y2hlbi B3aGVyZSB0 aGV5IG1peC BkaWZmZXJl bnQgaW5ncm VkaWVudHMg dG8gY3JlYX RlIHNwZWNp YWwgcHJvZH VjdHMgdGhh dCBwZW9wbG UgYW5kIG90 aGVyIGNvbX BhbmllcyBu ZWVkLjxicj 5PbmUgb2Yg dGhlIG1haW 4gdGhpbmdz IFNoaUV0c3 UgbWFrZXMg aXMgc2lsaW NvbmUuIFRo aXMgaXMgYS BzdXBlciB1 c2VmdWwgbW F0ZXJpYWwg dGhhdCBjYW 4gYmUgZm91 bmQgaW4gbW FueSBldmVy eWRheSBpdG VtcywgbGlr ZSBwaG9uZS BjYXNlcywg a2l0Y2hlbi B0b29scywg YW5kIGV2ZW 4gaW4gbWVk aWNhbCBkZX ZpY2VzLiBC ZXNpZGVzIH NpbGljb25l LCB0aGV5IG Fsc28gbWFr ZSBjaGVtaW NhbHMgdXNl ZCBpbiB0aG luZ3MgbGlr ZSBlbGVjdH Jvbmljcywg c29sYXIgcG FuZWxzLCBh bmQgZXZlbi BpbiB0aGUg bWFraW5nIG 9mIG1lZGlj aW5lcy48Yn I+U2hpRXRz dSBtYWtlcy Btb25leSBi eSBzZWxsaW 5nIHRoZXNl IHByb2R1Y3 RzIHRvIG90 aGVyIGNvbX Bhbmllcy4g Rm9yIGV4YW 1wbGUsIGlm IGEgY29tcG FueSB3YW50 cyB0byBtYW tlIGEgbmV3 IHNtYXJ0cG hvbmUsIHRo ZXkgbWlnaH QgYnV5IHNp bGljb25lIG Zyb20gU2hp RXRzdSB0by B1c2UgaW4g dGhlIHBob2 5l4oCZcyBk ZXNpZ24uIE JlY2F1c2Ug dGhlcmUgYX JlIHNvIG1h bnkgdXNlcy Bmb3IgdGhl IGNoZW1pY2 FscyB0aGV5 IG1ha2UsIF NoaUV0c3Ug aGFzIG1hbn kgZGlmZmVy ZW50IGN1c3 RvbWVycywg d2hpY2ggaG VscHMgdGhl bSBlYXJuIG EgZ29vZCBh bW91bnQgb2 YgbW9uZXku PGJyPk5vdy wgd2h5IGlz IFNoaUV0c3 Ugc3VjY2Vz c2Z1bD8gV2 VsbCwgdGhl eSBoYXZlIG JlZW4gYXJv dW5kIGZvci BhIGxvbmcg dGltZSBhbm QgaGF2ZSBh IGdvb2Qgcm VwdXRhdGlv biBmb3IgbW FraW5nIGhp Z2gtcXVhbG l0eSBwcm9k dWN0cy4gVG hleSBhbHNv IGludmVzdC BhIGxvdCBp biByZXNlYX JjaCBhbmQg ZGV2ZWxvcG 1lbnQsIHdo aWNoIG1lYW 5zIHRoZXkg d29yayBoYX JkIHRvIGRp c2NvdmVyIG 5ldyBhbmQg YmV0dGVyIG 1hdGVyaWFs cy4gVGhpcy BrZWVwcyB0 aGVtIGFoZW FkIG9mIG90 aGVyIGNvbX Bhbmllcy48 YnI+SW4gdG hlIGZ1dHVy ZSwgU2hpRX RzdSBpcyBs aWtlbHkgdG 8gc3RheSBz dWNjZXNzZn VsIGJlY2F1 c2UgdGVjaG 5vbG9neSBr ZWVwcyBjaG FuZ2luZyBh bmQgaW1wcm 92aW5nLiBB cyBuZXcgZ2 FkZ2V0cyBh bmQgaW52ZW 50aW9ucyBh cmUgbWFkZS wgdGhlIG5l ZWQgZm9yIH RoZWlyIHNw ZWNpYWwgY2 hlbWljYWxz IHdpbGwgY2 9udGludWUg dG8gZ3Jvdy 4gUGx1cywg d2l0aCBtb3 JlIHBlb3Bs ZSBiZWNvbW luZyBpbnRl cmVzdGVkIG luIGdyZWVu IGVuZXJneS wgbGlrZSBz b2xhciBwYW 5lbHMsIHRo ZSBkZW1hbm QgZm9yIHRo ZSBtYXRlcm lhbHMgdGhh dCBTaGlFdH N1IHByb2R1 Y2VzIHdpbG wga2VlcCBp bmNyZWFzaW 5nLjxicj5T bywgaW4gc2 ltcGxlIHRl cm1zLCBTaG lFdHN1IENo ZW1pY2FsIG lzIGxpa2Ug YSBzbWFydC BjaGVmIGlu IHRoZSB3b3 JsZCBvZiBz Y2llbmNlIG FuZCB0ZWNo bm9sb2d5Li BUaGV5IGNy ZWF0ZSBpbX BvcnRhbnQg bWF0ZXJpYW xzIHRoYXQg aGVscCBtYW tlIG91ciBs aXZlcyBiZX R0ZXIsIGFu ZCBiZWNhdX NlIHRoZXkg a2VlcCBkaX Njb3Zlcmlu ZyBuZXcgdG hpbmdzIGFu ZCBtZWV0aW 5nIHBlb3Bs ZeKAmXMgbm VlZHMsIHRo ZXkgYXJlIG xpa2VseSB0 byBjb250aW 51ZSBiZWlu ZyBzdWNjZX NzZnVsIGlu IHRoZSBmdX R1cmUuPGJy Pg==

MS4gR2xvYm FsIFByZXNl bmNlOiBTaG luLUV0c3Ug Q2hlbWljYW wgaXMgYSBn bG9iYWxseS ByZWNvZ25p emVkIGNvbX Bhbnkgd2l0 aCBvcGVyYX Rpb25zIGlu IDI3IGNvdW 50cmllcyB3 b3JsZHdpZG UuPGJyPjIu IERpdmVyc2 UgUG9ydGZv bGlvOiBUaG UgY29tcGFu eSBoYXMgYS BkaXZlcnNl IHBvcnRmb2 xpbyBvZiBv dmVyIDIxLD AwMCBwcm9k dWN0cywgcm FuZ2luZyBm cm9tIGNoZW 1pY2FscyBh bmQgcGxhc3 RpY3MgdG8g c2VtaWNvbm R1Y3RvciBt YXRlcmlhbH MgYW5kIG1l ZGljYWwgcH JvZHVjdHMu PGJyPjMuIE 1hcmtldCBM ZWFkZXI6IF NoaW4tRXRz dSBDaGVtaW NhbCBpcyBh IG1hcmtldC BsZWFkZXIg aW4gdmFyaW 91cyBwcm9k dWN0IGNhdG Vnb3JpZXMg c3VjaCBhcy BQVkMsIHNl bWljb25kdW N0b3IgbWF0 ZXJpYWxzLC BhbmQgc2ls aWNvbi48Yn I+NC4gSW5u b3ZhdGl2ZS BUZWNobm9s b2d5OiBUaG UgY29tcGFu eSBpbnZlc3 RzIGhlYXZp bHkgaW4gcm VzZWFyY2gg YW5kIGRldm Vsb3BtZW50 LCBhbmQgaX Mga25vd24g Zm9yIGl0cy BjdXR0aW5n LWVkZ2UgdG VjaG5vbG9n eSBhbmQgaW 5ub3ZhdGl2 ZSBwcm9kdW N0cy48YnI+ NS4gSGlnaC 1xdWFsaXR5 IFByb2R1Y3 RzOiBXaXRo IGEgZm9jdX Mgb24gcXVh bGl0eSwgU2 hpbi1FdHN1 IENoZW1pY2 FsIGhhcyBi dWlsdCBhIH JlcHV0YXRp b24gZm9yIH Byb2R1Y2lu ZyBoaWdoLX F1YWxpdHkg cHJvZHVjdH MgdHJ1c3Rl ZCBieSBpbm R1c3RyaWVz IGFuZCBjb2 5zdW1lcnMg YWxpa2UuPG JyPjYuIFN1 c3RhaW5hYm xlIFByYWN0 aWNlczogVG hlIGNvbXBh bnkgaXMgY2 9tbWl0dGVk IHRvIHN1c3 RhaW5hYmls aXR5IGFuZC BoYXMgaW1w bGVtZW50ZW QgdmFyaW91 cyBpbml0aW F0aXZlcyB0 byByZWR1Y2 UgaXRzIGVu dmlyb25tZW 50YWwgaW1w YWN0LCBzdW NoIGFzIGRl dmVsb3Bpbm cgZWNvLWZy aWVuZGx5IH Byb2R1Y3Rz IGFuZCBwcm 9tb3Rpbmcg cmVzb3VyY2 UgY29uc2Vy dmF0aW9uLj xicj43LiBT dHJvbmcgRm luYW5jaWFs IFBlcmZvcm 1hbmNlOiBT aGluLUV0c3 UgQ2hlbWlj YWwgaGFzIG NvbnNpc3Rl bnRseSBzaG 93biBzdHJv bmcgZmluYW 5jaWFsIHBl cmZvcm1hbm NlLCB3aXRo IGEgc3RhYm xlIGdyb3d0 aCByYXRlIG FuZCBzb2xp ZCBwcm9maX RhYmlsaXR5 Ljxicj44Li BDb3Jwb3Jh dGUgU29jaW FsIFJlc3Bv bnNpYmlsaX R5OiBUaGUg Y29tcGFueS BwbGFjZXMg YSBzdHJvbm cgZW1waGFz aXMgb24gY2 9ycG9yYXRl IHNvY2lhbC ByZXNwb25z aWJpbGl0eS wgc3VwcG9y dGluZyB2YX Jpb3VzIGNv bW11bml0eS wgZWR1Y2F0 aW9uYWwsIG FuZCBlbnZp cm9ubWVudG FsIGluaXRp YXRpdmVzLj xicj45LiBF bXBsb3llZS BXZWxmYXJl OiBTaGluLU V0c3UgQ2hl bWljYWwgdm FsdWVzIGl0 cyBlbXBsb3 llZXMgYW5k IHByb3ZpZG VzIHRoZW0g d2l0aCBhIH NhZmUgYW5k IHN1cHBvcn RpdmUgd29y ayBlbnZpcm 9ubWVudCwg YXMgd2VsbC BhcyBvcHBv cnR1bml0aW VzIGZvciBj YXJlZXIgZG V2ZWxvcG1l bnQuPGJyPj EwLiBMb25n LXN0YW5kaW 5nIEhpc3Rv cnk6IFRoZS Bjb21wYW55 IHdhcyBmb3 VuZGVkIGlu IDE5MjYgYW 5kIGhhcyBh IGxvbmctc3 RhbmRpbmcg aGlzdG9yeS BvZiBzdWNj ZXNzLCBtYW tpbmcgaXQg YSB0cnVzdG VkIGFuZCBy ZWxpYWJsZS BidXNpbmVz cyBwYXJ0bm VyLg==

U2hpbi1FdH N1IENoZW1p Y2FsIGlzIG EgSmFwYW5l c2UgY2hlbW ljYWwgY29t cGFueSB0aG F0IHByaW1h cmlseSBmb2 N1c2VzIG9u IG1hbnVmYW N0dXJpbmcg YW5kIHNlbG xpbmcgYSB3 aWRlIHJhbm dlIG9mIGNo ZW1pY2FsIH Byb2R1Y3Rz LCBpbmNsdW Rpbmcgc2ls aWNvbmVzLC BjaGVtaWNh bHMgZm9yIH RoZSBlbGVj dHJvbmljcy BpbmR1c3Ry eSwgcGxhc3 RpY3MsIGFu ZCBQVkMgcH JvZHVjdHMu IEl0cyBidX NpbmVzcyBt b2RlbCBjYW 4gYmUgZGVz Y3JpYmVkIG FzIGZvbGxv d3M6PGJyPj EuIERpdmVy c2lmaWVkIF Byb2R1Y3Qg UG9ydGZvbG lvOiBTaGlu LUV0c3UgQ2 hlbWljYWwg aGFzIGEgZG l2ZXJzaWZp ZWQgcHJvZH VjdCBwb3J0 Zm9saW8sIG 9mZmVyaW5n IGEgd2lkZS ByYW5nZSBv ZiBjaGVtaW NhbCBwcm9k dWN0cyB0by B2YXJpb3Vz IGluZHVzdH JpZXMsIGlu Y2x1ZGluZy BlbGVjdHJv bmljcywgYX V0b21vdGl2 ZSwgaGVhbH RoY2FyZSwg YW5kIGNvbn N0cnVjdGlv bi4gVGhpcy BhbGxvd3Mg dGhlIGNvbX BhbnkgdG8g bWl0aWdhdG UgdGhlIHJp c2tzIGFzc2 9jaWF0ZWQg d2l0aCBmbH VjdHVhdGlv bnMgaW4gZG VtYW5kIGZv ciBhbnkgcG FydGljdWxh ciBwcm9kdW N0IG9yIGlu ZHVzdHJ5Lj xicj4yLiBS ZXNlYXJjaC BhbmQgRGV2 ZWxvcG1lbn Q6IFRoZSBj b21wYW55IH BsYWNlcyBh IHN0cm9uZy BlbXBoYXNp cyBvbiByZX NlYXJjaCBh bmQgZGV2ZW xvcG1lbnQg dG8gY29udG ludW91c2x5 IGlubm92YX RlIGFuZCBp bXByb3ZlIG l0cyBwcm9k dWN0cy4gSX Qgb3BlcmF0 ZXMgc2V2ZX JhbCBSJkQg ZmFjaWxpdG llcyB3b3Js ZHdpZGUsIH dpdGggYSBm b2N1cyBvbi BkZXZlbG9w aW5nIGhpZ2 gtcGVyZm9y bWFuY2UgbW F0ZXJpYWxz IGFuZCBzdX N0YWluYWJs ZSBzb2x1dG lvbnMuPGJy PjMuIEdsb2 JhbCBQcmVz ZW5jZTogU2 hpbi1FdHN1 IENoZW1pY2 FsIGhhcyBh IGdsb2JhbC BwcmVzZW5j ZSwgd2l0aC Bwcm9kdWN0 aW9uIGZhY2 lsaXRpZXMg YW5kIHNhbG VzIG9mZmlj ZXMgaW4gb3 ZlciAzMCBj b3VudHJpZX MuIFRoaXMg YWxsb3dzIH RoZSBjb21w YW55IHRvIH JlYWNoIGEg bGFyZ2VyIG 1hcmtldCBh bmQgY2F0ZX IgdG8gdGhl IHNwZWNpZm ljIG5lZWRz IG9mIGRpZm ZlcmVudCBy ZWdpb25zLj xicj40LiBD b3N0IExlYW RlcnNoaXA6 IFRoZSBjb2 1wYW55IGFp bXMgdG8gbW FpbnRhaW4g YSBjb21wZX RpdGl2ZSBj b3N0IHN0cn VjdHVyZSBi eSBsZXZlcm FnaW5nIGl0 cyBhZHZhbm NlZCB0ZWNo bm9sb2d5LC BzdHJlYW1s aW5lZCBwcm 9kdWN0aW9u IHByb2Nlc3 NlcywgYW5k IGVjb25vbW llcyBvZiBz Y2FsZS4gVG hpcyBlbmFi bGVzIGl0IH RvIG9mZmVy IGhpZ2gtcX VhbGl0eSBw cm9kdWN0cy BhdCBjb21w ZXRpdGl2ZS BwcmljZXMu PGJyPjUuIE xvbmctVGVy bSBQYXJ0bm Vyc2hpcHM6 IFNoaW4tRX RzdSBDaGVt aWNhbCB2YW x1ZXMgbG9u Zy10ZXJtIH BhcnRuZXJz aGlwcyB3aX RoIGJvdGgg Y3VzdG9tZX JzIGFuZCBz dXBwbGllcn MuIEl0IHN0 cml2ZXMgdG 8gdW5kZXJz dGFuZCBpdH MgY3VzdG9t ZXJz4oCZIG 5lZWRzIGFu ZCBwcm92aW RlIHRhaWxv cmVkIHNvbH V0aW9ucywg d2hpY2ggaG FzIGhlbHBl ZCB0aGUgY2 9tcGFueSBt YWludGFpbi BzdHJvbmcg cmVsYXRpb2 5zaGlwcyB3 aXRoIGl0cy BjbGllbnRz Ljxicj42Li BTdXN0YWlu YWJpbGl0eT ogVGhlIGNv bXBhbnkgaX MgY29tbWl0 dGVkIHRvIH Byb21vdGlu ZyBzdXN0YW luYWJpbGl0 eSBhbmQgb3 BlcmF0ZXMg aW4gYW4gZW 52aXJvbm1l bnRhbGx5IH Jlc3BvbnNp YmxlIG1hbm 5lci4gSXQg aGFzIHNldC BhbWJpdGlv dXMgZ29hbH MgZm9yIHJl ZHVjaW5nIG l0cyBjYXJi b24gZm9vdH ByaW50LCBw cm9tb3Rpbm cgcmVjeWNs aW5nLCBhbm QgZGV2ZWxv cGluZyBlY2 8tZnJpZW5k bHkgcHJvZH VjdHMuPGJy PjcuIEFjcX Vpc2l0aW9u cyBhbmQgRG l2ZXJzaWZp Y2F0aW9uOi BTaGluLUV0 c3UgQ2hlbW ljYWwgaGFz IGEgaGlzdG 9yeSBvZiBz dHJhdGVnaW MgYWNxdWlz aXRpb25zIH RvIGV4cGFu ZCBpdHMgcH JvZHVjdCBw b3J0Zm9saW 8gYW5kIGVu dGVyIG5ldy BtYXJrZXRz LiBUaGlzIG FsbG93cyB0 aGUgY29tcG FueSB0byBk aXZlcnNpZn kgaXRzIHJl dmVudWUgc3 RyZWFtcyBh bmQgZ2Fpbi BhIGNvbXBl dGl0aXZlIG VkZ2UgaW4g dGhlIGluZH VzdHJ5Lg==

AI could have a significant impact on the ShiEtsu Chemical Company, which specializes in the production of silicone products, semiconductor materials, and other advanced materials. Here are some potential ways AI poses a material threat:
1. Substitution: AI technologies can drive the development of alternative materials or processes that could replace the traditional products offered by ShiEtsu. For example, advancements in materials science, driven by AI, may lead to new compounds that perform better or are cheaper to produce than silicones or related materials.
2. Disintermediation: AI applications in manufacturing and supply chain optimization could reduce reliance on companies like ShiEtsu by allowing end-users to adopt more direct manufacturing techniques. This could involve advanced additive manufacturing that lowers the need for certain chemicals or materials, thus bypassing traditional suppliers.
3. Margin Pressure: The application of AI in production processes could increase efficiency and reduce costs for competitors, leading to price pressure on ShiEtsu’s products. If competitors leverage AI to lower their operational costs and improve product quality, ShiEtsu may need to either lower its prices or invest in R&D to maintain its competitive edge.
4. Innovation Acceleration: The rapid development of AI could accelerate innovation cycles across the chemical industry. ShiEtsu must continuously adapt its product offerings and potentially invest in AI-driven technologies or partnerships to keep pace with competitors utilizing AI for faster and more efficient innovation.
In summary, while AI can present opportunities for advancement and efficiency, it also introduces several risks and challenges that could materially affect the competitive positioning of ShiEtsu Chemical Company. Adapting to this technological shift will be crucial for maintaining its market position.

The sensitivity of ShiEtsu Chemical Company’s earnings, cash flow, and valuation to changes in interest rates can vary based on several factors.
Earnings: Interest rates can impact earnings through several channels. For companies like ShiEtsu, which operate in the semiconductor and chemical industries, changes in interest rates may affect capital expenditure decisions. Higher interest rates could lead to reduced investment in capacity expansion or R&D, potentially slowing revenue growth. Additionally, if borrowing costs increase due to higher interest rates, this could negatively impact net income through increased interest expenses.
Cash Flow: Interest rates significantly affect cash flow, especially for companies that rely on debt financing for operations or expansion. As interest rates rise, the cost of servicing existing debt increases, which can strain cash flow. Conversely, if rates decrease, companies may benefit from lower interest expenses, enhancing cash flow. Furthermore, if rising interest rates lead to reduced consumer and business spending, this could negatively impact demand for ShiEtsu’s products and subsequently reduce cash flow.
Valuation: The valuation of ShiEtsu, like many companies, can be sensitive to changes in interest rates due to their impact on the discount rate used in discounted cash flow (DCF) models. Higher interest rates lead to a higher discount rate, which can reduce the present value of future cash flows, potentially lowering the company’s valuation. Conversely, a decrease in interest rates would increase valuations by lowering discount rates and enhancing the present value of projected cash flows.
Overall, while ShiEtsu Chemical may be sensitive to changes in interest rates, the actual impact would depend on the broader economic context, the company’s financial structure, and its ability to adapt to changing market conditions.

QSByZWFsaX N0aWMgc2Nl bmFyaW8gdG hhdCBjb3Vs ZCBwZXJtYW 5lbnRseSBp bXBhaXIgU2 hpRXRzdSBD aGVtaWNhbO KAmXMgZWNv bm9taWNzIG 92ZXIgdGhl IG5leHQgM+ KAkzUgeWVh cnMgaXMgYS BzaWduaWZp Y2FudCBzaG lmdCBpbiBn bG9iYWwgc2 VtaWNvbmR1 Y3RvciBtYW 51ZmFjdHVy aW5nIGFuZC BtYXRlcmlh bHMgc291cm NpbmcuIEdp dmVuIHRoYX QgU2hpRXRz dSBpcyBhIG xlYWRpbmcg bWFudWZhY3 R1cmVyIG9m IHNpbGljb2 4gd2FmZXJz IGFuZCBvdG hlciBtYXRl cmlhbHMgY3 JpdGljYWwg dG8gdGhlIH NlbWljb25k dWN0b3IgaW 5kdXN0cnks IGEgbWFqb3 IgZGl2ZXJz aWZpY2F0aW 9uIG9mIHRo ZSBzdXBwbH kgY2hhaW4g b3IgYSBzdH J1Y3R1cmFs IGNoYW5nZS BpbiB0aGUg aW5kdXN0cn kgY291bGQg aGF2ZSBwcm 9mb3VuZCBl ZmZlY3RzIG 9uIGl0cyBv cGVyYXRpb2 5zLjxicj5G b3IgZXhhbX BsZSwgaWYg bWFqb3Igc2 VtaWNvbmR1 Y3Rvci1wcm 9kdWNpbmcg cmVnaW9ucy wgc3VjaCBh cyB0aGUgVS 5TLiBvciBF VSwgaW1wb3 NlIHN0cmlu Z2VudCByZW d1bGF0aW9u cyBvciB0YX JpZmZzIG9u IGltcG9ydH Mgb2YgaW50 ZXJtZWRpYX RlIG1hdGVy aWFscyBmcm 9tIEphcGFu LCBpdCBjb3 VsZCBsZWFk IHRvIGEgcm FwaWQgZGVj bGluZSBpbi BTaGlFdHN1 4oCZcyBtYX JrZXQgc2hh cmUuIEFsdG VybmF0aXZl bHksIGlmIG 1ham9yIHNl bWljb25kdW N0b3IgY29t cGFuaWVzIH N0YXJ0IGlu dmVzdGluZy BoZWF2aWx5 IGluIGFsdG VybmF0aXZl IG1hdGVyaW FscyBvciB0 ZWNobm9sb2 dpZXMgKGxp a2UgYWR2YW 5jZWQgcGFj a2FnaW5nIG 1hdGVyaWFs cyBvciBuZX cgc2VtaWNv bmR1Y3Rvci Bjb21wb3Np dGlvbnMpLC BkZW1hbmQg Zm9yIFNoaU V0c3XigJlz IHNpbGljb2 4gd2FmZXJz IGNvdWxkIG RlY2xpbmUg ZHJhc3RpY2 FsbHkuPGJy PlN1Y2ggYS BzY2VuYXJp byB3b3VsZC BsaWtlbHkg cmVzdWx0IG luIHNldmVy YWwgbmVnYX RpdmUgY29u c2VxdWVuY2 VzIGZvciBT aGlFdHN14o CZcyBmaW5h bmNpYWxzOj xicj4xLiA8 c3Ryb25nPk 1hcmdpbnM8 L3N0cm9uZz 46IFRoZSBj b21wYW554o CZcyBwcm9m aXQgbWFyZ2 lucyB3b3Vs ZCBiZSBzZX ZlcmVseSBp bXBhY3RlZC 4gSWYgbWFy Z2lucyB3ZX JlIHByZXZp b3VzbHkgaW 4gdGhlIG1p ZC10by1oaW doIDIwJSBy YW5nZSwgYS Bsb3NzIG9m IGNvbXBldG l0aXZlIGVk Z2UgYW5kIG RlbWFuZCBj b3VsZCBzZW UgbWFyZ2lu cyBjdXQgaW 4gaGFsZiwg bGVhZGluZy B0byBwcm9m aXRhYmlsaX R5IGNoYWxs ZW5nZXMuIE luY3JlYXNl ZCBjb21wZX RpdGlvbiBh bmQgcHJpY2 luZyBwcmVz c3VyZSBmcm 9tIGFsdGVy bmF0aXZlIH N1cHBsaWVy cyB3b3VsZC BleGFjZXJi YXRlIHRoaX Mgc2l0dWF0 aW9uLjxicj 4yLiA8c3Ry b25nPkNhc2 ggRmxvdzwv c3Ryb25nPj ogV2l0aCBk ZWNsaW5pbm cgbWFyZ2lu cyBhbmQgcm VkdWNlZCBk ZW1hbmQsIF NoaUV0c3Xi gJlzIG9wZX JhdGluZyBj YXNoIGZsb3 cgd291bGQg c2hhcnBseS BkZWNyZWFz ZS4gVGhlIG NvbXBhbnks IHdoaWNoIG 1heSB0eXBp Y2FsbHkgZ2 VuZXJhdGUg c3Ryb25nIH Bvc2l0aXZl IGNhc2ggZm xvdyBkdWUg dG8gaXRzIG VzdGFibGlz aGVkIHBvc2 l0aW9uLCBt aWdodCBlbn RlciBhIGNh c2ggZmxvdy BjcnVuY2gg YXMgcmV2ZW 51ZXMgZGVj bGluZS4gVG hpcyBjb3Vs ZCBsZWFkIH RvIG5lZ2F0 aXZlIGZyZW UgY2FzaCBm bG93IGlmIH RoZSBjb21w YW55IGNvbn RpbnVlcyBp bnZlc3Rpbm cgaGVhdmls eSBpbiBSJm FtcDtEIG9y IGNhcGFjaX R5IHRvIHJl bWFpbiBjb2 1wZXRpdGl2 ZS48YnI+My 4gPHN0cm9u Zz5CYWxhbm NlIFNoZWV0 PC9zdHJvbm c+OiBUaGUg YmFsYW5jZS BzaGVldCB3 b3VsZCBkZX RlcmlvcmF0 ZSBhcyBwcm 9maXRzIHNo cmluayBhbm Qgb3BlcmF0 aW5nIGNhc2 ggZmxvdyBz dHJ1Z2dsZX MuIElmIHRo ZSBjb21wYW 55IGhhcyBz dWJzdGFudG lhbCBkZWJ0 LCB0aGUgaW 5jcmVhc2Vk IGZpbmFuY2 lhbCBzdHJh aW4gY291bG QgbGVhZCB0 byBoaWdoZX IgZGVidC10 by1lcXVpdH kgcmF0aW9z IGFuZCBwb3 RlbnRpYWxs eSBsb3dlci BjcmVkaXQg cmF0aW5ncy 4gQSByZWxp YW5jZSBvbi BkZWJ0IHRv IGZpbmFuY2 Ugb3BlcmF0 aW9ucyBvci BtYWludGFp biBsaXF1aW RpdHkgY291 bGQgZnVydG hlciB3b3Jz ZW4gdGhlIH NpdHVhdGlv bi4gQWRkaX Rpb25hbGx5 LCBpZiBTaG lFdHN1IHdl cmUgZm9yY2 VkIHRvIHdy aXRlIGRvd2 4gaW52ZW50 b3J5IG9yIG ludmVzdG1l bnRzIHJlbG F0ZWQgdG8g d2F2ZXJpbm cgdGVjaG5v bG9naWVzLC Bhc3NldCBp bXBhaXJtZW 50IGNoYXJn ZXMgd291bG QgbmVnYXRp dmVseSBhZm ZlY3QgZXF1 aXR5Ljxicj 5PdmVyYWxs LCBpZiB0aG Ugc2NlbmFy aW8gcGxheX Mgb3V0LCBT aGlFdHN1IG 1heSBmaW5k IGl0c2VsZi BpbiBhIHBy b2xvbmdlZC ByZWNvdmVy eSBwZXJpb2 QsIG5lZWRp bmcgdG8gcm Vhc3Nlc3Mg aXRzIGJ1c2 luZXNzIHN0 cmF0ZWd5IG FuZCBwb3Nz aWJseSByZX N0cnVjdHVy ZSBvcGVyYX Rpb25zIG9y IHByb2R1Y3 QgbGluZXMg dG8gYWRhcH QgdG8gdGhl IG5ldyBtYX JrZXQgY29u ZGl0aW9ucy 4gVGhpcyBz dHJhdGVnaW MgcGl2b3Qg Y291bGQgdG FrZSB5ZWFy cyBhbmQgY2 91bGQgYmUg Y29zdGx5LC BsZWFkaW5n IHRvIGZ1cn RoZXIgZXJv c2lvbiBvZi BpdHMgZmlu YW5jaWFsIH N0cmVuZ3Ro Ljxicj4=

CiAgICAgIC AgICAgIDxk aXYgc3R5bG U9J3dpZHRo OiAxMDAlOy BkaXNwbGF5 OiBmbGV4Oy BqdXN0aWZ5 LWNvbnRlbn Q6IGNlbnRl cjsnPgogIC AgICAgICAg ICAgICAgPG RpdiBzdHls ZT0nCiAgIC AgICAgICAg ICAgICAgIC AgZGlzcGxh eTogZmxleD sKICAgICAg ICAgICAgIC AgICAgICBh bGlnbi1pdG VtczogY2Vu dGVyOwogIC AgICAgICAg ICAgICAgIC AgIGJhY2tn cm91bmQtY2 9sb3I6ICNm MGY0Zjg7Ci AgICAgICAg ICAgICAgIC AgICAgYm9y ZGVyOiAxcH ggc29saWQg I2QxZTNmMD sKICAgICAg ICAgICAgIC AgICAgICBi b3JkZXItcm FkaXVzOiAx MHB4OwogIC AgICAgICAg ICAgICAgIC AgIHBhZGRp bmc6IDEwcH g7CiAgICAg ICAgICAgIC AgICAgICAg bWFyZ2luOi AyMHB4IDA7 CiAgICAgIC AgICAgICAg ICAgICAgZm 9udC1mYW1p bHk6ICJTZW dvZSBVSSIs IFJvYm90by wgc2Fucy1z ZXJpZjsKIC AgICAgICAg ICAgICAgIC AgICBib3gt c2hhZG93Oi AwIDJweCA2 cHggcmdiYS gwLCAwLCAw LCAwLjA1KT sKICAgICAg ICAgICAgIC AgICAgICBt YXgtd2lkdG g6IDkwMHB4 OwogICAgIC AgICAgICAg ICAgICAgIH dpZHRoOiAx MDAlOyc+Cg ogICAgICAg ICAgICAgIC AgICAgIDxp bWcgc3JjPS Jhc3NldHMv bG9nb3MvQz IzNVZlNVNC ckE4MVBGbH hBYk0ud2Vi cCIgYWx0PS JTaGluLUV0 c3UgQ2hlbW ljYWwiIHRp dGxlPSJTaG luLUV0c3Ug Q2hlbWljYW wiICBjbGFz cz0iaW1nLW ZsdWlkIiBo ZWlnaHQ9NT Agd2lkdGg9 NTAgbG9hZG luZz0nbGF6 eScgc3R5bG U9J2JvcmRl ci1yYWRpdX M6IDZweDsn PgoKICAgIC AgICAgICAg ICAgICAgIC A8ZGl2IHN0 eWxlPSdmbG V4OiAxOyB0 ZXh0LWFsaW duOiBjZW50 ZXI7IG1hcm dpbi1sZWZ0 OiA1cHg7Jz 4KICAgICAg ICAgICAgIC AgICAgICAg ICAgPHAgc3 R5bGU9J2Zv bnQtc2l6ZT ogMjZweDsg Y29sb3I6IC MzMzM7IG1h cmdpbi1ib3 R0b206IDE1 cHg7Jz4KIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIPCfk4 ggV2FudCB0 byByZWFkIG 1vcmUgYWJv dXQgU2hpbi 1FdHN1IENo ZW1pY2FsPw ogICAgICAg ICAgICAgIC AgICAgICAg ICA8L3A+Cg ogICAgICAg ICAgICAgIC AgICAgICAg ICA8YSBocm VmPSdpbmRl eC5waHA/cG FnZT1zaWdu dXAnIHN0eW xlPScKICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgIGJhY2tn cm91bmQtY2 9sb3I6ICMw MDdCRkY7Ci AgICAgICAg ICAgICAgIC AgICAgICAg ICAgICBjb2 xvcjogI2Zm ZjsKICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg IHBhZGRpbm c6IDEwcHgg MjBweDsKIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIGJvcm Rlci1yYWRp dXM6IDVweD sKICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIH RleHQtZGVj b3JhdGlvbj ogbm9uZTsK ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgIGZv bnQtd2VpZ2 h0OiBib2xk OwogICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg bWFyZ2luLX JpZ2h0OiAx MHB4OwogIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgdHJhbn NpdGlvbjog YmFja2dyb3 VuZC1jb2xv ciAwLjNzIG Vhc2U7Jwog ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgb25t b3VzZW92ZX I9J3RoaXMu c3R5bGUuYm Fja2dyb3Vu ZENvbG9yPS IjMDA1NmIz IicKICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg IG9ubW91c2 VvdXQ9J3Ro aXMuc3R5bG UuYmFja2dy b3VuZENvbG 9yPSIjMDA3 QkZGIic+Ci AgICAgICAg ICAgICAgIC AgICAgICAg ICAgICBTaW duIHVwIGZv ciBmcmVlCi AgICAgICAg ICAgICAgIC AgICAgICAg IDwvYT4KCi AgICAgICAg ICAgICAgIC AgICAgICAg IDxzcGFuIH N0eWxlPSdt YXJnaW46ID AgOHB4OyBj b2xvcjogIz U1NTsnPm9y PC9zcGFuPg oKICAgICAg ICAgICAgIC AgICAgICAg ICAgPGEgaH JlZj0naW5k ZXgucGhwP3 BhZ2U9bG9n aW4nIHN0eW xlPScKICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgIGNvbG9y OiAjMDA3Qk ZGOwogICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgdGV4dC1k ZWNvcmF0aW 9uOiB1bmRl cmxpbmU7Ci AgICAgICAg ICAgICAgIC AgICAgICAg ICAgICBmb2 50LXdlaWdo dDogNTAwOy c+CiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC Bsb2cgaW4K ICAgICAgIC AgICAgICAg ICAgICAgIC AgPC9hPgoK CiAgICAgIC AgICAgICAg ICAgICAgIC AgIDxwIHN0 eWxlPSdtYX JnaW4tdG9w OiAxNXB4Oy Bmb250LXNp emU6IDEzcH g7IGZvbnQt d2VpZ2h0Oi Bib2xkOyBj b2xvcjogI2 QzMmYyZjsn PgogICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg 8J+GkyBEaX Njb3ZlciA8 aT4iVGhlIE NoZWNrbGlz dCBWYWx1ZS BJbnZlc3Rv ciDigJQgQS BTbWFydGVy IFdheSB0by BQaWNrIFN0 b2NrcyI8L2 k+IOKAlCBm cmVlIGVCb2 9rIQogICAg ICAgICAgIC AgICAgICAg ICAgICA8L3 A+CgogICAg ICAgICAgIC AgICAgICAg ICAgICA8IS 0tCiAgICAg ICAgICAgIC AgICAgICAg ICAgIDxkaX Ygc3R5bGU9 J21hcmdpbi 10b3A6IDEy cHg7IGZvbn Qtc2l6ZTog MTNweDsgY2 9sb3I6ICM0 NDQ7Jz4KIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIFNpZ2 4gdXAgbm93 IGFuZCBnZX Qgb3VyIGZy ZWUgZUJvb2 sgCiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC A8Yj5UaGUg Q2hlY2tsaX N0IFZhbHVl IEludmVzdG 9yIOKAlCBB IFNtYXJ0ZX IgV2F5IHRv IFBpY2sgU3 RvY2tzPC9i PgogICAgIC AgICAgICAg ICAgICAgIC AgICA8L2Rp dj4KICAgIC AgICAgICAg ICAgICAgIC AgICAgLS0+ CiAgICAgIC AgICAgICAg ICAgICAgIC AgIDwhLS0K ICAgICAgIC AgICAgICAg ICAgICAgIC AgPGRpdiBz dHlsZT0nbW FyZ2luLXRv cDogMTZweD sgZm9udC1z aXplOiAxNH B4OyBjb2xv cjogIzQ0ND sgZm9udC1m YW1pbHk6IC 1hcHBsZS1z eXN0ZW0sIE JsaW5rTWFj U3lzdGVtRm 9udCwgU2Vn b2UgVUksIF JvYm90bywg SGVsdmV0aW NhIE5ldWUs IHNhbnMtc2 VyaWY7IGxp bmUtaGVpZ2 h0OiAxLjY7 Jz4KICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg IEhhdmUgeW 91IGhlYXJk IGFib3V0IG 91ciBzaG9y dCA8c3Ryb2 5nIHN0eWxl PSdmb250LX dlaWdodDog NjAwOyc+RG FpbHkgVmlk ZW8gTmV3c2 xldHRlcjwv c3Ryb25nPj 8KICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgID xhIGhyZWY9 J2h0dHBzOi 8vd3d3Lmlu c2lnaHRmdW x2YWx1ZS5j b20vbmV3c2 xldHRlci5w aHAnIHRhcm dldD0nX2Js YW5rJyBzdH lsZT0nY29s b3I6ICMwMD dCRkY7IHRl eHQtZGVjb3 JhdGlvbjog bm9uZTsgZm 9udC13ZWln aHQ6IDUwMD sgbWFyZ2lu LWxlZnQ6ID ZweDsnPgog ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg IEZpbmQgb3 V0IG1vcmUK ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgIDwv YT4KICAgIC AgICAgICAg ICAgICAgIC AgICAgPC9k aXY+CiAgIC AgICAgICAg ICAgICAgIC AgICAgIC0t PgogICAgIC AgICAgICAg ICAgICAgID wvZGl2Pgog ICAgICAgIC AgICAgICAg PC9kaXY+Ci AgICAgICAg ICAgIDwvZG l2PgogICAg ICAgICAgIC AKICAgICAg ICAKICAgIC AgICA8c3Bh biBjbGFzcz 0nYmx1cnJl ZC10ZXh0Jz 4KICAgICAg ICAgICAgTV M0Z1UyaHBi aSAxRmRITj FJRU5vIFpX MXBZMkZzSU cgbHpJSFJv WlNCcyBZWE puWlhOMElH IE5vWlcxcF kyRnMgSUdO dmJYQmhibi BrZ2FXNGdT bUZ3IFlXNH NJR0Z1WkMg QjBhR1VnWm 05MSBjblJv SUd4aGNtIG RsYzNRZ1ky aGwgYldsal lXd2dZMiA5 dGNHRnVlU0 JwIGJpQjBh R1VnZDIgOX liR1FnWW5r ZyBjMkZzWl hNZ2NtIFYy Wlc1MVpTND ggWW5JK01p NGdWRyBobE lHTnZiWEJo IGJua2dkMk Z6SUcgWnZk VzVrWldRZy BhVzRnTVRr eU5pIHdnWV c1a0lHbDAg Y3lCamIzSn diMyBKaGRH VWdhR1ZoIF pIRjFZWEow WlggSnpJR0 Z5WlNCcyBi Mk5oZEdWa0 lHIGx1SUZS dmEzbHYgTE NCS1lYQmhi aSA0OFluSS tNeTRnIFUy aHBiaTFGZE ggTjFJRU5v WlcxcCBZMk ZzSUdoaGN5 IEJoSUdScG RtVnkgYzJV Z2NHOXlkRy BadmJHbHZJ RzltIElIQn liMlIxWTMg UnpMQ0JwYm 1OcyBkV1Jw Ym1jZ1VGIF pETENCelpX MXAgWTI5dV pIVmpkRyA5 eUlHMWhkR1 Z5IGFXRnNj eXdnYzIgbH NhV052Ym1V cyBJR0Z1Wk NCeVlYIEps SUdWaGNuUm 8gSUcxaFoy NWxkSCBNdV BHSnlQalF1 IElGUm9aU0 JqYjIgMXdZ VzU1SUdsei BJR0VnYldG cWIzIElnY0 hKdlpIVmog WlhJZ2IyWW dVRiBaRExD QmhZMk52IG RXNTBhVzVu SUcgWnZjaU JoY0hCeSBi M2hwYldGMF pXIHg1SURJ d0pTQnYgWm lCMGFHVWdk MiA5eWJHVG lnSmx6IElG QldReUJ3Y2 0gOWtkV04w YVc5dSBMan hpY2o0MUxp IEJUYUdsdU xVVjAgYzNV Z1EyaGxiVy BsallXd2dh WE1nIFlXeH pieUJoSUcg eGxZV1JwYm 1jZyBjM1Z3 Y0d4cFpYIE lnYjJZZ2My VnQgYVdOdm JtUjFZMyBS dmNpQnRZWF JsIGNtbGhi SE1zSUggZH BkR2dnWVNC dCBZWEpyWl hRZ2MyIGho Y21VZ2IyWW cgWVhKdmRX NWtJRCBNd0 pTQm5iRzlp IFlXeHNlUz Q4WW4gSStO aTRnVkdobC BJR052YlhC aGJuIG5pZ0 pseklITnAg YkdsamIyNW xJSCBCeWIy UjFZM1J6IE lHRnlaU0Ix YzIgVmtJR2 x1SUdFZyBk MmxrWlNCeV lXIDVuWlNC dlppQmggY0 hCc2FXTmhk RyBsdmJuTX NJR2x1IFky eDFaR2x1Wn kgQmhkWFJ2 Ylc5MCBhWF psTENCaFpY IEp2YzNCaF kyVXMgSUdG dVpDQnRaVy BScFkyRnNJ R2x1IFpIVn pkSEpwWlgg TXVQR0p5UG pjdSBJRk5v YVc0dFJYIF J6ZFNCRGFH VnQgYVdOaG JPS0FtWCBN Z2NtRnlaU0 JsIFlYSjBh Q0J0WVcgZH VaWFJ6SUdG eSBaU0IxYz JWa0lHIGx1 SUhaaGNtbH YgZFhNZ1pX eGxZMyBSeW IyNXBZeUJr IFpYWnBZMl Z6TEMgQnpk V05vSUdGei BJSE50WVhK MGNHIGh2Ym 1WeklHRnUg WkNCb2VXSn lhVyBRZ1ky RnljeTQ4IF luSStPQzRn VkcgaGxJR0 52YlhCaCBi bmtnYUdGek lHIEVnYzNS eWIyNW4gSU dOdmJXMXBk RyAxbGJuUW dkRzhnIGMz VnpkR0ZwYm 0gRmlhV3hw ZEhrZyBZVz VrSUdoaGN5 IEJpWldWdU lISmwgWTI5 bmJtbDZaVy BRZ1ptOXlJ R2wwIGN5Qm xabVp2Y24g UnpJR2x1SU hKbCBaSFZq YVc1bklHIG R5WldWdWFH OTEgYzJVZ1 oyRnpJRyBW dGFYTnphVz l1IGN5Qmhi bVFnY0ggSn ZiVzkwYVc1 biBJSEpsYm 1WM1lXIEpz WlNCbGJtVn kgWjNrZ2My OTFjbSBObG N5NDhZbkkr IE9TNGdVMm hwYmkgMUZk SE4xSUVOby BaVzFwWTJG c0lHIGhoY3 lCaElHZHMg YjJKaGJDQn djbSBWelpX NWpaU0IzIG FYUm9JSEJ5 YjIgUjFZM1 JwYjI0ZyBa bUZqYVd4cG RHIGxsY3lC aGJtUWcgYj JabWFXTmxj eSBCcGJpQn ZkbVZ5IElE TXdJR052ZF cgNTBjbWxs Y3k0OCBZbk krTVRBdUlF IGx1SUdGa1 pHbDAgYVc5 dUlIUnZJRy BsMGN5Qmph R1Z0IGFXTm hiQ0JpZFgg TnBibVZ6Y3 l3ZyBkR2hs SUdOdmJYIE JoYm5rZ1lX eHogYnlCb1 lYTWdZUyBC d2FHRnliV0 ZqIFpYVjBh V05oYkMgQm thWFpwYzJs diBiaUIwYU dGMElIIEJ5 YjJSMVkyVn ogSUdGamRH bDJaUyBCd2 FHRnliV0Zq IFpYVjBhV0 5oYkMgQnBi bWR5WldScC BaVzUwY3lC aGJtIFFnWm 1sdWFYTm8g WldRZ2NHaG hjbSAxaFky VjFkR2xqIF lXd2djSEp2 WkggVmpkSE 11UEdKeSBQ akV4TGlCVW FHIFVnYm1G dFpTQlQgYU dsdUxVVjBj MyBVZ2JXVm hibk1nIGJt VjNJSEIxY2 0gbDBlU0Jw YmlCSyBZWE JoYm1WelpT IHdnY21WbW JHVmogZEds dVp5QjBhRy BVZ1kyOXRj R0Z1IGVlS0 FtWE1nWkcg VmthV05oZE dsdiBiaUIw YnlCd2NtID lrZFdOcGJt Y2cgYUdsbm FDMXhkVyBG c2FYUjVJR0 Z1IFpDQnBi bTV2ZG0gRj BhWFpsSUhC eSBiMlIxWT NSekxqIHhp Y2o0eE1pNG cgVTJocGJp MUZkSCBOMU lFTm9aVzFw IFkyRnNJR2 hoY3kgQmhJ R3h2Ym1jdC BjM1JoYm1S cGJtIGNnY0 dGeWRHNWwg Y25Ob2FYQW dkMiBsMGFD QlVhR1VnIF JHOTNJRU5v WlcgMXBZMk ZzSUVOdiBi WEJoYm5rc0 lIIGRwZEdn Z2RHaGwgSU hSM2J5Qmpi MiAxd1lXNX BaWE1nIGFt OXBiblJzZV MgQnZkMjVw Ym1jZyBjMl YyWlhKaGJD IEJqYUdWdG FXTmggYkNC aGJtUWdjMi BWdGFXTnZi bVIxIFkzUn ZjaUJ0WVgg UmxjbWxoYk NCdyBjbTlr ZFdOMGFXID l1SUdaaFky bHMgYVhScF pYTXVQRyBK eVBqRXpMaU JVIGFHVWdZ Mjl0Y0cgRn VlU0JvWVhN ZyBjbVZqWl dsMlpXIFFn Ym5WdFpYSn YgZFhNZ1lY ZGhjbSBSek lHRnVaQ0J5 IFpXTnZaMj VwZEcgbHZi bk1zSUdsdS BZMngxWkds dVp5IEJpWl dsdVp5QnUg WVcxbFpDQn ZibSBVZ2Iy WWdWR2hsIE lGZHZjbXhr NG8gQ1pjeU JOYjNOMCBJ RWx1Ym05Ml lYIFJwZG1V Z1EyOXQgY0 dGdWFXVnpJ RyBKNUlFWn ZjbUpsIGN5 Qk5ZV2RoZW 0gbHVaU0Jw YmlBeSBNRE UxTGp4aWNq IDR4TkM0Z1 UyaHAgYmkx RmRITjFJRS BOb1pXMXBZ MkZzIElHbH pJR052Ylcg MXBkSFJsWk NCMCBieUJq YjNKd2IzIE poZEdVZ2My OWogYVdGc0 lISmxjMyBC dmJuTnBZbW xzIGFYUjVJ R0Z1WkMgQn BjeUJwYm5a diBiSFpsWk NCcGJpIEIy WVhKcGIzVn ogSUhCb2FX eGhibiBSb2 NtOXdhV01n IFlXNWtJR0 5vWVggSnBk R0ZpYkdVZy BZV04wYVha cGRHIGxsY3 l3Z2FXNWog YkhWa2FXNW 5JRyBScGMy RnpkR1Z5IE lISmxiR2xs WmkgQmxabV p2Y25SeiBM Q0JsYm5acG NtIDl1YldW dWRHRnMgSU dOdmJuTmxj biBaaGRHbH ZiaXdnIFlX NWtJR052Yl cgMTFibWww ZVNCayBaWF psYkc5d2JX IFZ1ZENCd2 NtOW4gY21G dGN5ND0KIC AgICAgICA8 L3NwYW4+Ci AgICAgICAg CiAgICAgIC Ag