Kearny Financial

Live  

Kearny Financial is a bank holding company that operates as the parent company of Kearny Bank. The company was founded in 1884 and is based in Fairfield, New Jersey. Kearny Financial offers a range of financial products and services, including personal and business banking, mortgages, and wealth management. The company has over 50 branch locations throughout New Jersey and New York.
Kearny Bank offers a variety of deposit accounts, including checking, savings, money market, and certificate of deposit (CD) options. These accounts can be accessed online or through the bank's mobile app. The bank also offers home loans, personal loans, and commercial lending services.
In addition to traditional banking services, Kearny Financial also offers wealth management services through its subsidiary, Kearny Wealth Management. This includes financial planning, investment management, and retirement planning.
Kearny Financial is committed to being a responsible corporate citizen and supports various community initiatives and charitable organizations. The company was recognized in 2019 as one of the Best Banks to Work for by American Banker Magazine.
Overall, Kearny Financial is a well-established financial company that offers a wide range of services to its customers while also prioritizing community involvement and employee satisfaction.

S2Vhcm55IE ZpbmFuY2lh bCBpcyBhIG NvbXBhbnkg dGhhdCBhY3 RzIGxpa2Ug YSBiYW5rLC B3aGljaCBt ZWFucyBpdC BoZWxwcyBw ZW9wbGUgd2 l0aCB0aGVp ciBtb25leS 4gVGhleSBo YXZlIGJyYW 5jaGVzIHdo ZXJlIHlvdS BjYW4gZ28g dG8gcHV0IH lvdXIgbW9u ZXkgaW4gYS BzYWZlIHBs YWNlLCB0YW tlIG1vbmV5 IG91dCwgb3 IgZ2V0IGhl bHAgd2l0aC BvdGhlciBt b25leS1yZW xhdGVkIHRo aW5ncy4gPG JyPk9uZSBv ZiB0aGUgbW FpbiB3YXlz IEtlYXJueS BGaW5hbmNp YWwgbWFrZX MgbW9uZXkg aXMgYnkgZ2 l2aW5nIGxv YW5zIHRvIH Blb3BsZSBh bmQgYnVzaW 5lc3Nlcy4g V2hlbiBzb2 1lb25lIHRh a2VzIGEgbG 9hbiwgdGhl eSBhZ3JlZS B0byBwYXkg aXQgYmFjay BvdmVyIHRp bWUgd2l0aC BhIGxpdHRs ZSBleHRyYS Btb25leSBj YWxsZWQgaW 50ZXJlc3Qu IFRoaXMgaX Mgc2ltaWxh ciB0byBob3 cgaWYgeW91 IGxlbmQgYS B0b3kgdG8g YSBmcmllbm QsIHRoZXkg bWlnaHQgcm V0dXJuIGl0 IHdpdGggYS BzcGVjaWFs IHRyZWF0IG FzIGEgdGhh bmsgeW91Li BLZWFybnkg RmluYW5jaW FsIGNvbGxl Y3RzIHRoYX QgaW50ZXJl c3QgZnJvbS B0aGUgbG9h bnMsIGFuZC B0aGF04oCZ cyBob3cgdG hleSBlYXJu IHNvbWUgb2 YgdGhlaXIg bW9uZXkuPG JyPktlYXJu eSBGaW5hbm NpYWwgaXMg c3VjY2Vzc2 Z1bCBmb3Ig YSBmZXcgcm Vhc29ucy4g Rmlyc3QsIH RoZXkgcHJv dmlkZSBnb2 9kIHNlcnZp Y2VzIHRoYX QgcGVvcGxl IGxpa2UsIH N1Y2ggYXMg ZWFzeSB3YX lzIHRvIHNh dmUgbW9uZX kgb3IgZ2V0 IGxvYW5zLi BQZW9wbGUg dHJ1c3QgdG hlbSB3aXRo IHRoZWlyIG 1vbmV5LCBh bmQgdHJ1c3 QgaXMgdmVy eSBpbXBvcn RhbnQgZm9y IGEgYmFuay 4gPGJyPkFs c28sIEtlYX JueSBGaW5h bmNpYWwgaX MgZ29vZCBh dCBmaW5kaW 5nIHdheXMg dG8gaGVscC Btb3JlIHBl b3BsZSBhbm QgYnVzaW5l c3NlcyB3aX RoIHRoZWly IGZpbmFuY2 lhbCBuZWVk cy4gQXMgbW 9yZSBwZW9w bGUgbmVlZC BoZWxwIHdp dGggdGhlaX IgbW9uZXks IEtlYXJueS BGaW5hbmNp YWwgY2FuIG NvbnRpbnVl IHRvIGdyb3 cgYW5kIG1h a2UgbW9yZS Btb25leS4g PGJyPkluIH RoZSBmdXR1 cmUsIHRoZX kgd2lsbCBs aWtlbHkgc3 RheSBzdWNj ZXNzZnVsIG JlY2F1c2Ug dGhleSBjYW 4gYWRhcHQg dG8gY2hhbm dlcy4gRm9y IGV4YW1wbG UsIG1vcmUg cGVvcGxlIG FyZSB1c2lu ZyB0aGVpci BwaG9uZXMg b3IgY29tcH V0ZXJzIHRv IGRvIGJhbm tpbmcgaW5z dGVhZCBvZi Bnb2luZyB0 byBhIGJyYW 5jaCBpbiBw ZXJzb24uIE lmIEtlYXJu eSBGaW5hbm NpYWwga2Vl cHMgdXAgd2 l0aCB0ZWNo bm9sb2d5IG FuZCBjb250 aW51ZXMgdG 8gb2ZmZXIg Z3JlYXQgY3 VzdG9tZXIg c2VydmljZS wgdGhleeKA mWxsIGJlIG FibGUgdG8g aGVscCBldm VuIG1vcmUg cGVvcGxlIG FuZCBrZWVw IG1ha2luZy Btb25leS48 YnI+

MS4gU3Ryb2 5nIENvbW11 bml0eSBQcm VzZW5jZTog S2Vhcm55IE ZpbmFuY2lh bCBoYXMgYS Bsb25nIGhp c3Rvcnkgb2 Ygc3VwcG9y dGluZyBhbm QgZW5nYWdp bmcgd2l0aC B0aGUgY29t bXVuaXRpZX MgdGhhdCBp dCBzZXJ2ZX MuIFRoZSBj b21wYW55IG FjdGl2ZWx5 IHBhcnRpY2 lwYXRlcyBp biB2YXJpb3 VzIHBoaWxh bnRocm9waW MgYW5kIGNv bW11bml0eS BldmVudHMg YW5kIG9yZ2 FuaXphdGlv bnMsIHJlaW 5mb3JjaW5n IGl0cyBjb2 1taXRtZW50 IHRvIHRoZS Bsb2NhbCBj b21tdW5pdH kuPGJyPjIu IENvbnNlcn ZhdGl2ZSBC dXNpbmVzcy BQcmFjdGlj ZXM6IFRoZS Bjb21wYW55 IGZvbGxvd3 MgYSBjb25z ZXJ2YXRpdm UgYXBwcm9h Y2ggdG8gZm luYW5jaWFs IG1hbmFnZW 1lbnQsIHdo aWNoIGhhcy BlbmFibGVk IGl0IHRvIH Rocml2ZSBl dmVuIGR1cm luZyB0aW1l cyBvZiBlY2 9ub21pYyB1 bmNlcnRhaW 50eS4gVGhp cyBoYXMgYW xsb3dlZCB0 aGVtIHRvIG NvbnNpc3Rl bnRseSBkZW xpdmVyIHN0 cm9uZyBmaW 5hbmNpYWwg cmVzdWx0cy BhbmQgbWFp bnRhaW4gYS BoaWdoIGxl dmVsIG9mIH RydXN0IHdp dGggaXRzIG N1c3RvbWVy cy48YnI+My 4gQ3VzdG9t ZXItQ2VudH JpYyBQaGls b3NvcGh5Oi BLZWFybnkg RmluYW5jaW FsIHB1dHMg aXRzIGN1c3 RvbWVycyBh dCB0aGUgY2 VudGVyIG9m IGl0cyBvcG VyYXRpb25z LiBUaGUgY2 9tcGFueSBz dHJpdmVzIH RvIHByb3Zp ZGUgZXhjZW xsZW50IGN1 c3RvbWVyIH NlcnZpY2Ug YW5kIG9mZm VycyBhIHdp ZGUgcmFuZ2 Ugb2YgcHJv ZHVjdHMgYW 5kIHNlcnZp Y2VzIHRhaW xvcmVkIHRv IG1lZXQgdG hlIHVuaXF1 ZSBuZWVkcy BvZiBpdHMg Y3VzdG9tZX JzLjxicj40 LiBTdHJvbm cgRmluYW5j aWFsczogS2 Vhcm55IEZp bmFuY2lhbC BoYXMgYSBz dHJvbmcgZm luYW5jaWFs IHN0YW5kaW 5nIHdpdGgg YSBzb2xpZC B0cmFjayBy ZWNvcmQgb2 YgY29uc2lz dGVudCBlYX JuaW5ncyBh bmQgYSByb2 J1c3QgYmFs YW5jZSBzaG VldC4gVGhp cyBhbGxvd3 MgdGhlIGNv bXBhbnkgdG 8gaW52ZXN0 IGluIGZ1dH VyZSBvcHBv cnR1bml0aW VzIGFuZCBw cm92aWRlIH N0YWJpbGl0 eSB0byBpdH MgY3VzdG9t ZXJzLjxicj 41LiBFeHBl cmllbmNlZC BMZWFkZXJz aGlwOiBUaG UgY29tcGFu eSBoYXMgYS B0ZWFtIG9m IGV4cGVyaW VuY2VkIGxl YWRlcnMgaW 4gdGhlIGZp bmFuY2lhbC BpbmR1c3Ry eSB3aG8gYX JlIGRlZGlj YXRlZCB0by Bkcml2aW5n IHRoZSBjb2 1wYW55J3Mg Z3Jvd3RoIG FuZCBzdWNj ZXNzLiBUaG VpciBleHBl cnRpc2UgYW 5kIHN0cmF0 ZWdpYyB2aX Npb24gaGF2 ZSBoZWxwZW QgS2Vhcm55 IEZpbmFuY2 lhbCBiZWNv bWUgYSBsZW FkaW5nIGZp bmFuY2lhbC BpbnN0aXR1 dGlvbi48Yn I+Ni4gRW1w aGFzaXMgb2 4gVGVjaG5v bG9neTogS2 Vhcm55IEZp bmFuY2lhbC Bjb25zdGFu dGx5IGludm VzdHMgaW4g dGVjaG5vbG 9neSB0byBl bmhhbmNlIH RoZSBjdXN0 b21lciBleH BlcmllbmNl IGFuZCBpbX Byb3ZlIG9w ZXJhdGlvbm FsIGVmZmlj aWVuY3kuIF RoaXMgaW5j bHVkZXMgYS B1c2VyLWZy aWVuZGx5IG 9ubGluZSBh bmQgbW9iaW xlIGJhbmtp bmcgcGxhdG Zvcm0sIGFz IHdlbGwgYX MgaW5ub3Zh dGl2ZSBkaW dpdGFsIHNl cnZpY2VzLj xicj43LiBT dHJvbmcgRX RoaWNhbCBT dGFuZGFyZH M6IFRoZSBj b21wYW55IH VwaG9sZHMg aGlnaCBldG hpY2FsIHN0 YW5kYXJkcy BpbiBhbGwg YXNwZWN0cy BvZiBpdHMg YnVzaW5lc3 MsIGNyZWF0 aW5nIGEgc3 Ryb25nIGN1 bHR1cmUgb2 YgaG9uZXN0 eSBhbmQgaW 50ZWdyaXR5 LiBUaGlzIG hhcyBoZWxw ZWQgYnVpbG QgbG9uZy10 ZXJtIHJlbG F0aW9uc2hp cHMgd2l0aC BjdXN0b21l cnMgYW5kIG VzdGFibGlz aCBhIHBvc2 l0aXZlIHJl cHV0YXRpb2 4gaW4gdGhl IGluZHVzdH J5Ljxicj44 LiBDb21taX RtZW50IHRv IEVtcGxveW VlIERldmVs b3BtZW50Oi BLZWFybnkg RmluYW5jaW FsIHZhbHVl cyBpdHMgZW 1wbG95ZWVz IGFuZCBpcy Bjb21taXR0 ZWQgdG8gZm 9zdGVyaW5n IGEgcG9zaX RpdmUgd29y ayBlbnZpcm 9ubWVudC4g VGhlIGNvbX Bhbnkgb2Zm ZXJzIG9wcG 9ydHVuaXRp ZXMgZm9yIG dyb3d0aCBh bmQgZGV2ZW xvcG1lbnQs IGFzIHdlbG wgYXMgY29t cGV0aXRpdm UgYmVuZWZp dHMgYW5kIG NvbXBlbnNh dGlvbiBwYW NrYWdlcy48 YnI+OS4gRG l2ZXJzaWZp ZWQgUHJvZH VjdCBPZmZl cmluZ3M6IE tlYXJueSBG aW5hbmNpYW wgb2ZmZXJz IGEgd2lkZS ByYW5nZSBv ZiBwcm9kdW N0cyBhbmQg c2VydmljZX MsIGluY2x1 ZGluZyB0cm FkaXRpb25h bCBiYW5raW 5nIHNlcnZp Y2VzLCBpbn N1cmFuY2Us IGFuZCBpbn Zlc3RtZW50 IHNlcnZpY2 VzLiBUaGlz IGRpdmVyc2 lmaWNhdGlv biBhbGxvd3 MgdGhlIGNv bXBhbnkgdG 8gc2VydmUg YSB2YXJpZX R5IG9mIGN1 c3RvbWVyIG 5lZWRzIGFu ZCBhZGFwdC B0byBjaGFu Z2luZyBtYX JrZXQgY29u ZGl0aW9ucy 48YnI+MTAu IFN0cm9uZy BDb3Jwb3Jh dGUgR292ZX JuYW5jZTog S2Vhcm55IE ZpbmFuY2lh bCBoYXMgYS B3ZWxsLXN0 cnVjdHVyZW QgY29ycG9y YXRlIGdvdm VybmFuY2Ug c3lzdGVtIG luIHBsYWNl LCBlbnN1cm luZyB0cmFu c3BhcmVuY3 kgYW5kIGFj Y291bnRhYm lsaXR5LiBU aGlzIGhlbH BzIG1haW50 YWluIHRoZS B0cnVzdCBv ZiBjdXN0b2 1lcnMsIGlu dmVzdG9ycy wgYW5kIHJl Z3VsYXRvcn MgaW4gdGhl IGNvbXBhbn ku

S2Vhcm55IE ZpbmFuY2lh bCBpcyBhIG JhbmsgaG9s ZGluZyBjb2 1wYW55IHRo YXQgcHJpbW FyaWx5IG9w ZXJhdGVzIH Rocm91Z2gg aXRzIHN1Yn NpZGlhcnks IEtlYXJueS BCYW5rLiBJ dHMgYnVzaW 5lc3MgbW9k ZWwgaXMgZm 9jdXNlZCBv biBwcm92aW RpbmcgZmlu YW5jaWFsIH Byb2R1Y3Rz IGFuZCBzZX J2aWNlcyB0 byBpbmRpdm lkdWFscyBh bmQgc21hbG wtdG8tbWVk aXVtIHNpem VkIGJ1c2lu ZXNzZXMgaW 4gaXRzIGxv Y2FsIG1hcm tldHMgaW4g TmV3IEplcn NleSBhbmQg TmV3IFlvcm suIEl0cyBt YWluIHNvdX JjZXMgb2Yg cmV2ZW51ZS BpbmNsdWRl IGludGVyZX N0IGluY29t ZSBmcm9tIG xvYW5zIGFu ZCBpbnZlc3 RtZW50cywg ZmVlcyBmcm 9tIGJhbmtp bmcgc2Vydm ljZXMsIGFu ZCBpbmNvbW UgZnJvbSBt b3J0Z2FnZS BiYW5raW5n IGFjdGl2aX RpZXMuIFRo ZSBjb21wYW 55IGFsc28g Z2VuZXJhdG VzIGluY29t ZSB0aHJvdW doIGl0cyBp bnZlc3RtZW 50IHBvcnRm b2xpbyBhbm QgdGhyb3Vn aCBub24taW 50ZXJlc3Qg aW5jb21lIH NvdXJjZXMg c3VjaCBhcy B3ZWFsdGgg bWFuYWdlbW VudCBzZXJ2 aWNlcy4gS2 Vhcm55IEZp bmFuY2lhbC dzIGJ1c2lu ZXNzIG1vZG VsIHByaW9y aXRpemVzIG N1c3RvbWVy IHNlcnZpY2 UsIGNvbW11 bml0eSBpbn ZvbHZlbWVu dCwgYW5kIH BydWRlbnQg cmlzayBtYW 5hZ2VtZW50 IHRvIGRyaX ZlIGdyb3d0 aCBhbmQgcH JvZml0YWJp bGl0eS4=

AI has the potential to impact Kearny Financial and similar companies in several ways, although the extent and immediacy of these effects depend on various factors.
1. Substitution: AI could create new financial products or services that could compete with Kearny Financial’s offerings. For example, robo-advisors and automated investment platforms may attract customers away from traditional banking services, leading to a substitution effect. If AI-driven services offer lower fees or greater convenience, customers may choose these alternatives over Kearny’s traditional products.
2. Disintermediation: AI technologies can facilitate direct transactions between consumers and financial services, potentially bypassing traditional banks. For instance, peer-to-peer lending and decentralized finance (DeFi) platforms exploit AI to connect borrowers and lenders directly, which could threaten Kearny Financial’s intermediary role in lending and brokerage services.
3. Margin Pressure: As AI enables the development of more efficient processes and cost-effective service delivery, competition may push down profit margins. If competitors leverage AI for better customer insights, personalized services, and automated processes, Kearny Financial might find it challenging to maintain its pricing structure without investing in similar technologies or reducing costs, which could ultimately impact profitability.
Overall, while AI presents threats through substitution, disintermediation, and margin pressure, it also offers opportunities for enhancement in services and operational efficiency. Kearny Financial will need to remain agile and adapt to these technological developments to mitigate risks and maintain its competitive positioning.

Kearny Financial, like many financial institutions, has some sensitivity to changes in interest rates due to its business model and the nature of its operations.
1. Earnings Sensitivity: Kearny Financial earns a significant portion of its income from interest on loans, mortgages, and other financial products. When interest rates rise, the interest income on new loans may increase, potentially boosting earnings. However, if rates rise too quickly, it may also reduce demand for loans, negatively impacting earnings. Conversely, falling interest rates can lead to reduced margins on loans, affecting profitability.
2. Cash Flow Sensitivity: The cash flow of Kearny Financial is influenced by interest rate changes as well. Higher interest rates can lead to increased cash inflows from interest on loans, while lowering rates may result in lower cash inflows. Additionally, if borrowers refinance at lower rates during a decline, this could result in reduced cash flow from existing loans.
3. Valuation Sensitivity: The valuation of Kearny Financial could be affected by interest rate changes. Discount rates used in financial models to value the company often include interest rates as a key component. Rising rates may lead to a higher discount rate, potentially lowering the present value of future cash flows and thus decreasing the company’s valuation. On the other hand, if rates stay low for longer, the valuation may improve due to the favorable borrowing conditions and increased loan demand.
Overall, Kearny Financial’s earnings, cash flow, and valuation are interconnected and exhibit sensitivity to interest rate fluctuations, reflecting broader trends in the financial markets and economic conditions.

QSByZWFsaX N0aWMgc2Nl bmFyaW8gdG hhdCBjb3Vs ZCBwZXJtYW 5lbnRseSBp bXBhaXIgS2 Vhcm55IEZp bmFuY2lhbO KAmXMgZWNv bm9taWNzIG 92ZXIgdGhl IG5leHQgM+ KAkzUgeWVh cnMgaW52b2 x2ZXMgYSBz aWduaWZpY2 FudCBlY29u b21pYyByZW Nlc3Npb24g Y29tYmluZW Qgd2l0aCBy ZWd1bGF0b3 J5IGNoYW5n ZXMgaW4gdG hlIGJhbmtp bmcgc2VjdG 9yLiBUaGlz IHNjZW5hcm lvIGNvdWxk IHVuZm9sZC BhcyBmb2xs b3dzOjxicj 4xLiA8c3Ry b25nPkVjb2 5vbWljIERv d250dXJuPC 9zdHJvbmc+ OiBBIHByb2 xvbmdlZCBl Y29ub21pYy ByZWNlc3Np b24gY291bG QgbGVhZCB0 byBpbmNyZW FzZWQgdW5l bXBsb3ltZW 50IGFuZCBy ZWR1Y2VkIG NvbnN1bWVy IHNwZW5kaW 5nLiBBcyBh IHJlc3VsdC wgS2Vhcm55 IEZpbmFuY2 lhbCB3b3Vs ZCBsaWtlbH kgZXhwZXJp ZW5jZSBoaW doZXIgZGVm YXVsdCByYX RlcyBvbiBs b2FucywgcG FydGljdWxh cmx5IGluIG NvbW1lcmNp YWwgYW5kIH Jlc2lkZW50 aWFsIHJlYW wgZXN0YXRl IHNlY3Rvcn MuIDxicj4y LiA8c3Ryb2 5nPlJlZ3Vs YXRvcnkgQ2 hhbmdlczwv c3Ryb25nPj ogSW4gcmVz cG9uc2UgdG 8gZWNvbm9t aWMgaW5zdG FiaWxpdHks IHJlZ3VsYX RvcnMgbWln aHQgaW1wbG VtZW50IHN0 cmljdGVyIG NhcGl0YWwg cmVxdWlyZW 1lbnRzIG9y IGluY3JlYX NlZCBzY3J1 dGlueSBvdm VyIGxlbmRp bmcgcHJhY3 RpY2VzLiBU aGVzZSByZW d1bGF0b3J5 IGNoYW5nZX MgY291bGQg Y29uc3RyYW luIEtlYXJu eSBGaW5hbm NpYWzigJlz IGFiaWxpdH kgdG8gbGVu ZCwgbGltaX RpbmcgaXRz IHJldmVudW UtZ2VuZXJh dGluZyBvcH BvcnR1bml0 aWVzLjxicj 5JbiB0aGlz IHNjZW5hcm lvLCBzZXZl cmFsIGZpbm FuY2lhbCBt ZXRyaWNzIH dvdWxkIGJl IGFkdmVyc2 VseSBhZmZl Y3RlZDo8Yn I+LSA8c3Ry b25nPk1hcm dpbnM8L3N0 cm9uZz46IE tlYXJueSBG aW5hbmNpYW zigJlzIHBy b2ZpdCBtYX JnaW5zIHdv dWxkIGxpa2 VseSBkZWNs aW5lIHNpZ2 5pZmljYW50 bHkuIFdpdG ggbG93ZXIg bG9hbiBvcm lnaW5hdGlv biBmZWVzIG FuZCBpbmNy ZWFzZWQgcH JvdmlzaW9u cyBmb3IgY3 JlZGl0IGxv c3NlcyBkdW UgdG8gZGVm YXVsdHMsIG 5ldCBpbnRl cmVzdCBpbm NvbWUgd291 bGQgZHJvcC 4gVGhpcyBk ZWNsaW5lIG luIHByb2Zp dCBtYXJnaW 5zIHdvdWxk IHJlc3VsdC Bmcm9tIGJv dGggZmFsbG luZyByZXZl bnVlcyBhbm QgaW5jcmVh c2luZyBjb3 N0cyBhc3Nv Y2lhdGVkIH dpdGggbG9h biB3cml0ZS 1vZmZzIGFu ZCByZWd1bG F0b3J5IGNv bXBsaWFuY2 UuPGJyPi0g PHN0cm9uZz 5DYXNoIEZs b3c8L3N0cm 9uZz46IENh c2ggZmxvdy B3b3VsZCBi ZWNvbWUgc3 RyYWluZWQg YXMgbm9wZX Jmb3JtaW5n IGxvYW5zIG 1vdW50LiBU aGUgY29tcG FueSB3b3Vs ZCBhbHNvIG 5lZWQgdG8g YWxsb2NhdG UgbW9yZSBj YXNoIHRvd2 FyZHMgcmVz ZXJ2ZXMgZm 9yIHBvdGVu dGlhbCBsb2 FuIGxvc3Nl cywgcmVkdW NpbmcgYXZh aWxhYmxlIG Nhc2ggZm9y IG9wZXJhdG lvbnMgb3Ig ZXhwYW5zaW 9uLiBBZGRp dGlvbmFsbH ksIHRoZSB0 aWdodGVuaW 5nIG9mIGNy ZWRpdCBtYX JrZXRzIG1h eSBpbXBhY3 QgdGhlIHJl ZmluYW5jaW 5nIGFiaWxp dHkgZm9yIG V4aXN0aW5n IGxvYW5zLC BmdXJ0aGVy IHdvcnNlbm luZyBjYXNo IGluZmxvdy BzaXR1YXRp b25zLjxicj 4tIDxzdHJv bmc+QmFsYW 5jZSBTaGVl dDwvc3Ryb2 5nPjogS2Vh cm55IEZpbm FuY2lhbOKA mXMgYmFsYW 5jZSBzaGVl dCB3b3VsZC BmYWNlIGRl dGVyaW9yYX Rpb24uIEFu IGluY3JlYX NlIGluIG5v cGVyZm9ybW luZyBhc3Nl dHMgd291bG QgbG93ZXIg b3ZlcmFsbC Bhc3NldCBx dWFsaXR5LC B0aGVyZWJ5 IGltcGFjdG luZyB0aGUg dG90YWwgYX NzZXRzIHJl cG9ydGVkLi BUaGUgcmV0 YWluZWQgZW FybmluZ3Mg bWF5IGFsc2 8gZGVjbGlu ZSBkdWUgdG 8gY29uc2lz dGVudCBsb3 NzZXMsIHdl YWtlbmluZy BzaGFyZWhv bGRlcnPigJ kgZXF1aXR5 LiBBcyBjYX BpdGFsIHJl cXVpcmVtZW 50cyBpbmNy ZWFzZSwgS2 Vhcm55IG1h eSBuZWVkIH RvIHJhaXNl IGFkZGl0aW 9uYWwgZXF1 aXR5IG9yIG RlYnQsIGZ1 cnRoZXIgY2 9tcGxpY2F0 aW5nIGl0cy BmaW5hbmNp YWwgc3Rhbm RpbmcuPGJy Pk92ZXJhbG wsIGlmIHRo aXMgc2Nlbm FyaW8gd2Vy ZSB0byBtYX RlcmlhbGl6 ZSwgS2Vhcm 55IEZpbmFu Y2lhbCB3b3 VsZCBzdHJ1 Z2dsZSB3aX RoIGRlY3Jl YXNlZCBwcm 9maXRhYmls aXR5LCB3ZW FrZW5lZCBj YXNoIGZsb3 cgZnJvbSBv cGVyYXRpb2 5zLCBhbmQg YSBsZXNzIH N0YWJsZSBi YWxhbmNlIH NoZWV0LCB1 bHRpbWF0ZW x5IGltcGFp cmluZyBpdH MgbG9uZy10 ZXJtIGVjb2 5vbWljIHZp YWJpbGl0eS BhbmQgbWFy a2V0IHBvc2 l0aW9uLjxi cj4=

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 bG9nb3MvTl ZBYW9pTU5E TFBoWmxTd0 RUN3Mud2Vi cCIgYWx0PS JLZWFybnkg RmluYW5jaW FsIiB0aXRs ZT0iS2Vhcm 55IEZpbmFu Y2lhbCIgIG NsYXNzPSJp bWctZmx1aW QiIGhlaWdo dD01MCB3aW R0aD01MCBs b2FkaW5nPS dsYXp5JyBz dHlsZT0nYm 9yZGVyLXJh ZGl1czogNn B4Oyc+Cgog ICAgICAgIC AgICAgICAg ICAgIDxkaX Ygc3R5bGU9 J2ZsZXg6ID E7IHRleHQt YWxpZ246IG NlbnRlcjsg bWFyZ2luLW xlZnQ6IDVw eDsnPgogIC AgICAgICAg ICAgICAgIC AgICAgICA8 cCBzdHlsZT 0nZm9udC1z aXplOiAyNn B4OyBjb2xv cjogIzMzMz sgbWFyZ2lu LWJvdHRvbT ogMTVweDsn PgogICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg 8J+TiCBXYW 50IHRvIHJl YWQgbW9yZS BhYm91dCBL ZWFybnkgRm luYW5jaWFs PwogICAgIC AgICAgICAg ICAgICAgIC AgICA8L3A+ CgogICAgIC AgICAgICAg ICAgICAgIC AgICA8YSBo cmVmPSdpbm RleC5waHA/ cGFnZT1zaW dudXAnIHN0 eWxlPScKIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIGJhY2 tncm91bmQt Y29sb3I6IC MwMDdCRkY7 CiAgICAgIC AgICAgICAg ICAgICAgIC AgICAgICBj b2xvcjogI2 ZmZjsKICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgIHBhZGRp bmc6IDEwcH ggMjBweDsK ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgIGJv cmRlci1yYW RpdXM6IDVw eDsKICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg IHRleHQtZG Vjb3JhdGlv bjogbm9uZT sKICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIG ZvbnQtd2Vp Z2h0OiBib2 xkOwogICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgbWFyZ2lu LXJpZ2h0Oi AxMHB4Owog ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgdHJh bnNpdGlvbj ogYmFja2dy b3VuZC1jb2 xvciAwLjNz IGVhc2U7Jw ogICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgb2 5tb3VzZW92 ZXI9J3RoaX Muc3R5bGUu YmFja2dyb3 VuZENvbG9y PSIjMDA1Nm IzIicKICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgIG9ubW91 c2VvdXQ9J3 RoaXMuc3R5 bGUuYmFja2 dyb3VuZENv bG9yPSIjMD A3QkZGIic+ CiAgICAgIC AgICAgICAg ICAgICAgIC AgICAgICBT aWduIHVwIG ZvciBmcmVl CiAgICAgIC AgICAgICAg ICAgICAgIC AgIDwvYT4K CiAgICAgIC AgICAgICAg ICAgICAgIC AgIDxzcGFu IHN0eWxlPS dtYXJnaW46 IDAgOHB4Oy Bjb2xvcjog IzU1NTsnPm 9yPC9zcGFu PgoKICAgIC AgICAgICAg ICAgICAgIC AgICAgPGEg aHJlZj0naW 5kZXgucGhw P3BhZ2U9bG 9naW4nIHN0 eWxlPScKIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIGNvbG 9yOiAjMDA3 QkZGOwogIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgdGV4dC 1kZWNvcmF0 aW9uOiB1bm RlcmxpbmU7 CiAgICAgIC AgICAgICAg ICAgICAgIC AgICAgICBm b250LXdlaW dodDogNTAw Oyc+CiAgIC AgICAgICAg ICAgICAgIC AgICAgICAg ICBsb2cgaW 4KICAgICAg ICAgICAgIC AgICAgICAg ICAgPC9hPg oKCiAgICAg ICAgICAgIC AgICAgICAg ICAgIDxwIH N0eWxlPSdt YXJnaW4tdG 9wOiAxNXB4 OyBmb250LX NpemU6IDEz cHg7IGZvbn Qtd2VpZ2h0 OiBib2xkOy Bjb2xvcjog I2QzMmYyZj snPgogICAg ICAgICAgIC AgICAgICAg ICAgICAgIC Ag8J+ZjCBK b2luIG5vdy B0byBnZXQg PGk+IlRoZS BDaGVja2xp c3QgVmFsdW UgSW52ZXN0 b3Ig4oCUIE EgU21hcnRl ciBXYXkgdG 8gUGljayBT dG9ja3MiPC 9pPiBhdCBu byBjb3N0Ci AgICAgICAg ICAgICAgIC AgICAgICAg IDwvcD4KCi AgICAgICAg ICAgICAgIC AgICAgICAg IDwhLS0KIC AgICAgICAg ICAgICAgIC AgICAgICAg PGRpdiBzdH lsZT0nbWFy Z2luLXRvcD ogMTJweDsg Zm9udC1zaX plOiAxM3B4 OyBjb2xvcj ogIzQ0NDsn PgogICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg U2lnbiB1cC Bub3cgYW5k IGdldCBvdX IgZnJlZSBl Qm9vayAKIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIDxiPl RoZSBDaGVj a2xpc3QgVm FsdWUgSW52 ZXN0b3Ig4o CUIEEgU21h cnRlciBXYX kgdG8gUGlj ayBTdG9ja3 M8L2I+CiAg ICAgICAgIC AgICAgICAg ICAgICAgID wvZGl2Pgog ICAgICAgIC AgICAgICAg ICAgICAgIC AtLT4KICAg ICAgICAgIC AgICAgICAg ICAgICAgPC EtLQogICAg ICAgICAgIC AgICAgICAg ICAgICA8ZG l2IHN0eWxl PSdtYXJnaW 4tdG9wOiAx NnB4OyBmb2 50LXNpemU6 IDE0cHg7IG NvbG9yOiAj NDQ0OyBmb2 50LWZhbWls eTogLWFwcG xlLXN5c3Rl bSwgQmxpbm tNYWNTeXN0 ZW1Gb250LC BTZWdvZSBV SSwgUm9ib3 RvLCBIZWx2 ZXRpY2EgTm V1ZSwgc2Fu cy1zZXJpZj sgbGluZS1o ZWlnaHQ6ID EuNjsnPgog ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgSGF2 ZSB5b3UgaG VhcmQgYWJv dXQgb3VyIH Nob3J0IDxz dHJvbmcgc3 R5bGU9J2Zv bnQtd2VpZ2 h0OiA2MDA7 Jz5EYWlseS BWaWRlbyBO ZXdzbGV0dG VyPC9zdHJv bmc+PwogIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgPGEgaH JlZj0naHR0 cHM6Ly93d3 cuaW5zaWdo dGZ1bHZhbH VlLmNvbS9u ZXdzbGV0dG VyLnBocCcg dGFyZ2V0PS dfYmxhbmsn IHN0eWxlPS djb2xvcjog IzAwN0JGRj sgdGV4dC1k ZWNvcmF0aW 9uOiBub25l OyBmb250LX dlaWdodDog NTAwOyBtYX JnaW4tbGVm dDogNnB4Oy c+CiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgRmlu ZCBvdXQgbW 9yZQogICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgPC9hPgog ICAgICAgIC AgICAgICAg ICAgICAgIC A8L2Rpdj4K ICAgICAgIC AgICAgICAg ICAgICAgIC AgLS0+CiAg ICAgICAgIC AgICAgICAg ICAgPC9kaX Y+CiAgICAg ICAgICAgIC AgICA8L2Rp dj4KICAgIC AgICAgICAg PC9kaXY+Ci AgICAgICAg ICAgIAogIC AgICAgIAog ICAgICAgID xzcGFuIGNs YXNzPSdibH VycmVkLXRl eHQnPgogIC AgICAgICAg ICBNUzRnUz JWaGNtIDU1 SUVacGJtRn UgWTJsaGJD QnBjeSBCaE lFNWxkeUJL IFpYSnpaWG t0WW0gRnpa V1FnWm1sdS BZVzVqYVdG c0lIIE5sY2 5acFkyVnog SUdOdmJYQm hibiBrc0lH WnZkVzVrIF pXUWdhVzRn TVQgZzROQz Q4WW5JKyBN aTRnVkdobE lHIE52YlhC aGJubmkgZ0 pseklHaGxZ VyBSeGRXRn lkR1Z5IGN5 QmhjbVVnYk cgOWpZWFJs WkNCcCBiaU JHWVdseVpt IGxsYkdRc0 lFNWwgZHlC S1pYSnpaWC BrdVBHSnlQ ak11IElFdG xZWEp1ZVMg QkdhVzVoYm 1OcCBZV3dn YVhNZ1lTIE J3ZFdKc2FX TnMgZVNCMG NtRmtaVyBR Z1kyOXRjR0 Z1IGVTQmhi bVFnYVggTW diR2x6ZEdW ayBJRzl1SU hSb1pTIEJP UVZORVFWRW cgYzNSdlky c2daWCBoam FHRnVaMlVn IGRXNWtaWE lnZEcgaGxJ SFJwWTJ0bC BjaUJMUmtW RUxqIHhpY2 o0MExpQlUg YUdVZ1kyOX RjRyBGdWVT QnZabVpsIG NuTWdZU0J5 WVcgNW5aU0 J2WmlCbSBh VzVoYm1OcF lXIHdnYzJW eWRtbGogWl hNc0lHbHVZ MiB4MVpHbH VaeUIwIGNt RmthWFJwYj IgNWhiQ0Jp WVc1ciBhVz VuSUhObGNu IFpwWTJWek xDQmogYjIx dFpYSmphVy BGc0lISmxZ V3dnIFpYTj BZWFJsSUcg WnBibUZ1WT JsdSBaeXdn WVc1a0lIIG RsWVd4MGFD QnQgWVc1aF oyVnRaVyA1 MExqeGljaj QxIExpQkxa V0Z5Ym4ga2 dSbWx1WVc1 aiBhV0ZzSU doaGN5IEJ2 ZG1WeUlDUT IgSUdKcGJH eHBiMiA0Z2 FXNGdZWE56 IFpYUnpJR0 Z1WkMgQnZj R1Z5WVhSbC BjeUJ2ZG1W eUlEIFV3SU dKeVlXNWog YUdWeklHRm pjbSA5emN5 Qk9aWGNnIF NtVnljMlY1 TEMgQk9aWG NnV1c5eSBh eXdnWVc1a0 lGIEJsYm01 emVXeDIgWV c1cFlTNDhZ biBJK05pNG dTVzRnIE1q QXhOeXdnUz IgVmhjbTU1 SUVacCBibU Z1WTJsaGJD IEJqYjIxd2 JHVjAgWldR Z1lTQnRaWC BKblpYSWdk MmwwIGFDQk RiR2xtZEcg OXVJRk5oZG 1sdSBaM01n UW1GdWF5IH dnWlhod1lX NWsgYVc1bk lHbDBjeSBC eVpXRmphQ0 JoIGJtUWdZ M1Z6ZEcgOX RaWElnWW1G eiBaU0JwYm lCT1pYIGNn U21WeWMyVj UgTGp4aWNq NDNMaSBCVW FHVWdZMjl0 IGNHRnVlU0 JwY3kgQnVZ VzFsWkNCaC BablJsY2lC MGFHIFVnZE c5M2JpQnYg WmlCTFpXRn libiBrc0lF NWxkeUJLIF pYSnpaWGtz SUggZG9aWE psSUdsMCBJ SGRoY3lCdm NtIGxuYVc1 aGJHeDUgSU dadmRXNWta VyBRZ1lYTW dZU0J0IGRY UjFZV3dnYz IgRjJhVzVu Y3lCaCBibV FnYkc5aGJp IEJoYzNOdl kybGggZEds dmJpNDhZbi BJK09DNGdT VzRnIFlXUm thWFJwYjIg NGdkRzhnYV hSeiBJR0po Ym10cGJtIG NnYzJWeWRt bGogWlhNc0 lFdGxZWCBK dWVTQkdhVz VoIGJtTnBZ V3dnWVcgeH pieUJ2Wm1a bCBjbk1nYV c1emRYIEpo Ym1ObElHRn UgWkNCeVpY UnBjbSBWdF pXNTBJSEJz IFlXNXVhVz VuSUggTmxj blpwWTJWei BJSFJvY205 MVoyIGdnYV hSeklITjEg WW5OcFpHbG hjbiBrc0lF dGxZWEp1IG VTQkNZVzVy SUYgZGxZV3 gwYUNCTiBZ VzVoWjJWdF pXIDUwTGp4 aWNqNDUgTG lCVWFHVWdZ MiA5dGNHRn VlU0JvIFlY TWdZU0J6ZE ggSnZibWNn WTI5dCBiV2 wwYldWdWRD IEIwYnlCam IyMXQgZFc1 cGRIa2dhVy A1MmIyeDJa VzFsIGJuUW dZVzVrSUcg aGhjeUJoSU d4diBibWNn YUdsemRHID l5ZVNCdlpp QnogZFhCd2 IzSjBhVyA1 bklHeHZZMk ZzIElHTm9Z WEpwZEcgbG xjeUJoYm1R ZyBiM0puWV c1cGVtIEYw YVc5dWN5Qj AgYUhKdmRX ZG9JRyBSdm JtRjBhVzl1 IGN5d2djM0 J2Ym4gTnZj bk5vYVhCei BMQ0JoYm1R Z2RtIDlzZF c1MFpXVnkg SUdWbVptOX lkSCBNdVBH SnlQakV3IE xpQkxaV0Z5 Ym4ga2dSbW x1WVc1aiBh V0ZzSUdoaG N5IEJ5WldO bGFYWmwgWk NCdGRXeDBh WCBCc1pTQm hkMkZ5IFpI TWdZVzVrSU ggSmxZMjlu Ym1sMCBhVz l1SUdadmNp IEJwZEhNZ1 ptbHUgWVc1 amFXRnNJSC BCbGNtWnZj bTFoIGJtTm xJR0Z1WkMg QmpiMjF0ZF c1cCBkSGtn YVc1MmIyIH gyWlcxbGJu UXMgSUdsdV kyeDFaRyBs dVp5QmlaV2 x1IFp5QnVZ VzFsWkMgQn ZibVVnYjJZ ZyBkR2hsSU VKbGMzIFFn VUd4aFkyVn ogSUhSdklG ZHZjbSBzZ2 FXNGdUbVYz IElFcGxjbk 5sZVMgQmll U0JPU2tKSi BXaUJ0WVdk aGVtIGx1Wl M0PQogICAg ICAgIDwvc3 Bhbj4KICAg ICAgICAKIC AgICAgICA=