Microchip Technology

-8.27%

Live  

Microchip Technology Inc. is an American multinational corporation headquartered in Chandler, Arizona. The company designs, manufactures, and sells microcontroller, mixed-signal, analog and Flash-IP integrated circuits. Its products include microcontrollers (PIC, dsPIC, AVR, AVR32 and SAM), Serial EEPROM devices, Serial SRAM devices, KEELOQ devices, radio frequency (RF) devices, thermal, power and battery management analog devices, and other peripheral interface controller (PIC) mcroprocessors.
The company was founded in 1987 by Steve Sanghi, Ganesh Moorthy, and Gopal Jayaraman. It has grown to become one of the largest suppliers of microcontrollers in the world, with over 10,000 employees and operations in more than 65 countries. Microchip is also one of the major players in the industrial and automotive markets, providing products for applications such as automotive networking, hybrid and electric vehicles, motor control, and smart energy management.
Microchip Technology is known for its low-power, cost-effective microcontroller solutions, which are used in a wide range of applications, from consumer electronics to industrial and medical devices. The company has a strong focus on innovation and offers a broad range of products and services to its customers, including technical support and training.
In addition to its microcontroller products, Microchip also offers a variety of other products, including analog and power management devices, memories, and USB solutions. The company is also well-known for its development tools, software, and development platforms, which are designed to help developers design and debug their applications using Microchip’s products.
Overall, Microchip Technology is a leading player in the semiconductor industry, with a strong track record of providing innovative and reliable solutions to its customers. As technology continues to evolve, the company remains committed to providing cutting-edge products and services to meet the ever-changing needs of the market.

TWljcm9jaG lwIFRlY2hu b2xvZ3kgaX MgYSBjb21w YW55IHRoYX QgbWFrZXMg dGlueSBwaW VjZXMgb2Yg dGVjaG5vbG 9neSBjYWxs ZWQgbWljcm 9jb250cm9s bGVycyBhbm QgbWljcm9w cm9jZXNzb3 JzLiBZb3Ug Y2FuIHRoaW 5rIG9mIHRo ZXNlIGxpa2 UgdGhlIGJy YWlucyBvZi BtYW55IGVs ZWN0cm9uaW MgZGV2aWNl cywgc3VjaC BhcyB0b3lz LCBjYXJzLC BhbmQgZXZl biBzb21lIG hvdXNlaG9s ZCBhcHBsaW FuY2VzLiBK dXN0IGxpa2 UgeW91ciBi cmFpbiBoZW xwcyB5b3Ug dGhpbmsgYW 5kIGRvIHRo aW5ncywgdG hlc2UgdGlu eSBjaGlwcy BoZWxwIG1h Y2hpbmVzIH dvcmsgYmV0 dGVyIGFuZC BzbWFydGVy Ljxicj5UaG Ugd2F5IE1p Y3JvY2hpcC BtYWtlcyBt b25leSBpcy BieSBzZWxs aW5nIHRoZX NlIG1pY3Jv Y29udHJvbG xlcnMgYW5k IG90aGVyIG VsZWN0cm9u aWMgY29tcG 9uZW50cyB0 byBtYW55IG RpZmZlcmVu dCBjb21wYW 5pZXMuIEZv ciBleGFtcG xlLCB3aGVu IGEgdG95IG NvbXBhbnkg d2FudHMgdG 8gbWFrZSBh IHNtYXJ0IH RveSB0aGF0 IGNhbiB0YW xrIG9yIG1v dmUsIHRoZX kgbWlnaHQg YnV5IGEgbW ljcm9jb250 cm9sbGVyIG Zyb20gTWlj cm9jaGlwIH RvIGhlbHAg bWFrZSB0aG F0IGhhcHBl bi4gVGhlIG NvbXBhbnkg YWxzbyBzZW xscyB0b29s cyBhbmQgc2 9mdHdhcmUg dGhhdCBoZW xwIG90aGVy IGJ1c2luZX NzZXMgZGVz aWduIHRoZW lyIHByb2R1 Y3RzIHVzaW 5nIE1pY3Jv Y2hpcOKAmX MgdGVjaG5v bG9neS48Yn I+TWljcm9j aGlwIGlzIH N1Y2Nlc3Nm dWwgZm9yIG EgZmV3IHJl YXNvbnMuIE ZpcnN0LCB0 aGVpciBwcm 9kdWN0cyBh cmUgcmVsaW FibGUgYW5k IHdvcmsgd2 VsbCwgd2hp Y2ggbWFrZX MgbWFueSBj b21wYW5pZX Mgd2FudCB0 byB1c2UgdG hlbS4gVGhl eSBhbHNvIG hhdmUgYSB3 aWRlIHJhbm dlIG9mIGRp ZmZlcmVudC Bwcm9kdWN0 cywgc28gdG hleSBjYW4g aGVscCBtYW 55IGRpZmZl cmVudCBpbm R1c3RyaWVz LCBmcm9tIG F1dG9tb3Rp dmUgdG8gbW VkaWNhbCBk ZXZpY2VzLi BQbHVzLCB0 aGV5IGtlZX AgaW1wcm92 aW5nIHRoZW lyIHRlY2hu b2xvZ3ksIH doaWNoIG1l YW5zIHRoYX QgdGhleSBz dGF5IGltcG 9ydGFudCBp biB0aGUgZm FzdC1tb3Zp bmcgd29ybG Qgb2YgZWxl Y3Ryb25pY3 MuPGJyPkxv b2tpbmcgdG 8gdGhlIGZ1 dHVyZSwgTW ljcm9jaGlw IGlzIGxpa2 VseSB0byBz dGF5IHN1Y2 Nlc3NmdWwg YmVjYXVzZS B0ZWNobm9s b2d5IGlzIG V2ZXJ5d2hl cmUsIGFuZC BpdOKAmXMg b25seSBnZX R0aW5nIG1v cmUgY29tbW 9uLiBXaXRo IG1vcmUgZG V2aWNlcyBn ZXR0aW5nIH NtYXJ0ZXIg YW5kIG5lZW RpbmcgdGlu eSBjaGlwcy wgdGhlcmUg d2lsbCBiZS BhIGdyb3dp bmcgbmVlZC Bmb3IgdGhl aXIgcHJvZH VjdHMuIEFs c28sIGFzIG 5ldyB0ZWNo bm9sb2dpZX MgbGlrZSBy b2JvdGljcy BhbmQgc21h cnQgaG9tZX MgZ3Jvdywg TWljcm9jaG lwIHdpbGwg YmUgdGhlcm UgdG8gcHJv dmlkZSB0aG UgY2hpcHMg dGhhdCBtYW tlIHRob3Nl IGlubm92YX Rpb25zIHBv c3NpYmxlLi BTbywgYXMg bG9uZyBhcy BwZW9wbGUg a2VlcCB1c2 luZyBnYWRn ZXRzIGFuZC BtYWNoaW5l cywgY29tcG FuaWVzIGxp a2UgTWljcm 9jaGlwIHdp bGwgY29udG ludWUgdG8g ZG8gd2VsbC 48YnI+

VGhlcmUgYX JlIHNldmVy YWwgZmFjdG 9ycyB0aGF0 IG1ha2UgTW ljcm9jaGlw IFRlY2hub2 xvZ3kgYSBz cGVjaWFsIG NvbXBhbnk6 PGJyPjEuIE xvbmcgaGlz dG9yeSBvZi Bpbm5vdmF0 aW9uOiBNaW Nyb2NoaXAg VGVjaG5vbG 9neSB3YXMg Zm91bmRlZC BpbiAxOTg5 IGFuZCBoYX MgYmVlbiBh dCB0aGUgZm 9yZWZyb250 IG9mIHRlY2 hub2xvZ3kg aW5ub3ZhdG lvbiBmb3Ig b3ZlciAzMC B5ZWFycy4g VGhlIGNvbX BhbnkgaGFz IGEgdHJhY2 sgcmVjb3Jk IG9mIGRldm Vsb3Bpbmcg bmV3IGFuZC Bncm91bmRi cmVha2luZy B0ZWNobm9s b2dpZXMgdG hhdCBoYXZl IHJldm9sdX Rpb25pemVk IHRoZSBzZW 1pY29uZHVj dG9yIGluZH VzdHJ5Ljxi cj4yLiBXaW RlIHJhbmdl IG9mIHByb2 R1Y3RzOiBN aWNyb2NoaX AgVGVjaG5v bG9neSBvZm ZlcnMgYSB3 aWRlIHJhbm dlIG9mIHBy b2R1Y3RzLC BpbmNsdWRp bmcgbWljcm 9jb250cm9s bGVycywgYW 5hbG9nIGRl dmljZXMsIG 1lbW9yeSwg YW5kIHNlY3 VyaXR5IGRl dmljZXMuIF RoaXMgZGl2 ZXJzZSBwb3 J0Zm9saW8g YWxsb3dzIH RoZSBjb21w YW55IHRvIG NhdGVyIHRv IGEgd2lkZS ByYW5nZSBv ZiBpbmR1c3 RyaWVzIGFu ZCBhcHBsaW NhdGlvbnMu PGJyPjMuIE ZvY3VzIG9u IHF1YWxpdH k6IFRoZSBj b21wYW55IG hhcyBhIHN0 cm9uZyBmb2 N1cyBvbiBx dWFsaXR5IG FuZCByZWxp YWJpbGl0eS wgYW5kIGl0 cyBwcm9kdW N0cyBhcmUg a25vd24gZm 9yIHRoZWly IGhpZ2ggcX VhbGl0eSBh bmQgbG9uZy 10ZXJtIHJl bGlhYmlsaX R5LiBUaGlz IGhhcyBoZW xwZWQgdGhl IGNvbXBhbn kgYnVpbGQg YSByZXB1dG F0aW9uIGZv ciBkZWxpdm VyaW5nIGV4 Y2VwdGlvbm FsIHByb2R1 Y3RzIGFuZC BzZXJ2aWNl cy48YnI+NC 4gQ29tbWl0 bWVudCB0by BzdXN0YWlu YWJpbGl0eT ogTWljcm9j aGlwIFRlY2 hub2xvZ3kg aGFzIGEgc3 Ryb25nIGNv bW1pdG1lbn QgdG8gc3Vz dGFpbmFiaW xpdHkgYW5k IGlzIGRlZG ljYXRlZCB0 byBtaW5pbW l6aW5nIGl0 cyBlbnZpcm 9ubWVudGFs IGltcGFjdC 4gVGhlIGNv bXBhbnkgaG FzIGltcGxl bWVudGVkIH ZhcmlvdXMg aW5pdGlhdG l2ZXMgdG8g cmVkdWNlIG VuZXJneSBj b25zdW1wdG lvbiwgd2Fz dGUsIGFuZC BncmVlbmhv dXNlIGdhcy BlbWlzc2lv bnMuPGJyPj UuIFN0cm9u ZyBjdXN0b2 1lciByZWxh dGlvbnNoaX BzOiBNaWNy b2NoaXAgVG VjaG5vbG9n eSBoYXMgYS BjdWx0dXJl IG9mIGJ1aW xkaW5nIHN0 cm9uZyByZW xhdGlvbnNo aXBzIHdpdG ggaXRzIGN1 c3RvbWVycy 4gVGhlIGNv bXBhbnkgd2 9ya3MgY2xv c2VseSB3aX RoIGl0cyBj bGllbnRzIH RvIHVuZGVy c3RhbmQgdG hlaXIgbmVl ZHMgYW5kIH Byb3ZpZGUg dGFpbG9yZW Qgc29sdXRp b25zIHRoYX QgbWVldCB0 aGVpciByZX F1aXJlbWVu dHMuPGJyPj YuIEV4dGVu c2l2ZSBzdX Bwb3J0IG5l dHdvcms6IF RoZSBjb21w YW55IGhhcy BhIGdsb2Jh bCBwcmVzZW 5jZSB3aXRo IG9wZXJhdG lvbnMgaW4g bW9yZSB0aG FuIDY1IGNv dW50cmllcy 4gVGhpcyBh bGxvd3MgTW ljcm9jaGlw IFRlY2hub2 xvZ3kgdG8g cHJvdmlkZS Bjb21wcmVo ZW5zaXZlIH N1cHBvcnQg dG8gaXRzIG N1c3RvbWVy cyB3aGVyZX ZlciB0aGV5 IGFyZSBsb2 NhdGVkLjxi cj43LiBFbX Bsb3llZSBk ZXZlbG9wbW VudDogTWlj cm9jaGlwIF RlY2hub2xv Z3kgaW52ZX N0cyBpbiBp dHMgZW1wbG 95ZWVzIGFu ZCBwcm92aW RlcyBvcHBv cnR1bml0aW VzIGZvciBw cm9mZXNzaW 9uYWwgZGV2 ZWxvcG1lbn QgYW5kIGdy b3d0aC4gVG hpcyBoYXMg aGVscGVkIH RoZSBjb21w YW55IGF0dH JhY3QgYW5k IHJldGFpbi B0b3AgdGFs ZW50IGluIH RoZSBpbmR1 c3RyeS48Yn I+OC4gQ3Vs dHVyZSBvZi Bpbm5vdmF0 aW9uOiBUaG UgY29tcGFu eSBoYXMgYS BjdWx0dXJl IG9mIGlubm 92YXRpb24g dGhhdCBlbm NvdXJhZ2Vz IGVtcGxveW VlcyB0byB0 aGluayBvdX RzaWRlIHRo ZSBib3ggYW 5kIGNvbWUg dXAgd2l0aC BuZXcgYW5k IGNyZWF0aX ZlIHNvbHV0 aW9ucy4gVG hpcyBoYXMg aGVscGVkIE 1pY3JvY2hp cCBUZWNobm 9sb2d5IHN0 YXkgYWhlYW Qgb2YgaXRz IGNvbXBldG l0b3JzIGFu ZCBtYWludG FpbiBpdHMg cG9zaXRpb2 4gYXMgYSBs ZWFkZXIgaW 4gdGhlIHNl bWljb25kdW N0b3IgaW5k dXN0cnku

VGhlIE1pY3 JvY2hpcCBU ZWNobm9sb2 d5IGNvbXBh bnnigJlzIG J1c2luZXNz IG1vZGVsIG lzIGZvY3Vz ZWQgb24gcH JvdmlkaW5n IGludGVncm F0ZWQgY2ly Y3VpdCBzb2 x1dGlvbnMg dG8gY3VzdG 9tZXJzIGlu IGEgd2lkZS ByYW5nZSBv ZiBpbmR1c3 RyaWVzLCBp bmNsdWRpbm cgYXV0b21v dGl2ZSwgY2 9tbXVuaWNh dGlvbnMsIG NvbXB1dGlu ZywgY29uc3 VtZXIgZWxl Y3Ryb25pY3 MsIGluZHVz dHJpYWwgY2 9udHJvbCwg bWVkaWNhbC wgYW5kIGFl cm9zcGFjZS 4gVGhleSBk ZXNpZ24sIG RldmVsb3As IGFuZCBtYX JrZXQgYSBk aXZlcnNlIH BvcnRmb2xp byBvZiBtaW Nyb2NvbnRy b2xsZXJzLC BhbmFsb2cg YW5kIG1peG VkLXNpZ25h bCBwcm9kdW N0cywgYW5k IG1lbW9yeS BhbmQgaW50 ZXJmYWNlIG RldmljZXMu IFRoZXkgYW xzbyBvZmZl ciBhIHZhcm lldHkgb2Yg dGVjaG5pY2 FsIHN1cHBv cnQgc2Vydm ljZXMsIGlu Y2x1ZGluZy B0cmFpbmlu ZyBhbmQgZG VzaWduIHN1 cHBvcnQsIH RvIGVuc3Vy ZSB0aGVpci Bwcm9kdWN0 cyBhcmUgdX NlZCBlZmZl Y3RpdmVseS BieSBjdXN0 b21lcnMuIE FkZGl0aW9u YWxseSwgdG hlIGNvbXBh bnkgaGFzIG Egc3Ryb25n IGZvY3VzIG 9uIHJlc2Vh cmNoIGFuZC BkZXZlbG9w bWVudCB0by Bkcml2ZSBp bm5vdmF0aW 9uIGFuZCBz dGF5IGFoZW FkIG9mIG1h cmtldCB0cm VuZHMuIE1p Y3JvY2hpcC BUZWNobm9s b2d54oCZcy BidXNpbmVz cyBtb2RlbC BhbHNvIGlu Y2x1ZGVzIH N0cmF0ZWdp YyBwYXJ0bm Vyc2hpcHMg YW5kIGFjcX Vpc2l0aW9u cyB0byBleH BhbmQgdGhl aXIgcHJvZH VjdCBvZmZl cmluZ3MgYW 5kIGdsb2Jh bCByZWFjaC 4=

AI can impact Microchip Technology’s products and competitive positioning in several ways, but it’s essential to analyze the nuances of these influences:
1. Substitution: AI technologies could potentially create new types of semiconductor products or architectures that replace traditional microcontrollers and other products offered by Microchip. For instance, AI-specific chips, like those designed for machine learning tasks, might become more prevalent and could substitute some of the applications that use Microchip’s existing products. However, Microchip has been actively incorporating AI capabilities into its own products, which can mitigate this risk.
2. Disintermediation: In some segments, the rise of AI may allow companies to develop their products with less reliance on traditional microchip manufacturers. For example, companies focused on AI-driven solutions might opt for custom silicon designed specifically for their needs, bypassing off-the-shelf microcontrollers. However, Microchip has a robust portfolio that includes development tools and integrated solutions, which can help retain customer relationships and prevent disintermediation.
3. Margin Pressure: AI’s rapid evolution could lead to increased competition in the semiconductor industry, particularly from new entrants developing specialized AI chips at lower costs. This increased competition could put pressure on Microchip’s margins. Additionally, if companies begin to prioritize cost-effectiveness in their designs, they may lean toward less expensive alternatives. On the other hand, Microchip’s established reputation and extensive experience can allow it to maintain healthy margins through value-added services and products.
In summary, while AI introduces potential threats to Microchip Technology through substitution, disintermediation, and margin pressure, the company’s proactive approach to integrating AI into its offerings and leveraging its established competencies may enable it to navigate these challenges effectively.

The sensitivity of Microchip Technology’s earnings, cash flow, and valuation to changes in interest rates can be analyzed from several perspectives.
1. Earnings Sensitivity: Microchip’s earnings can be affected by interest rate changes due to the cost of debt. If interest rates rise, the cost of borrowing increases, potentially leading to higher interest expenses. This could reduce net income if these expenses are significant relative to earnings. On the other hand, if interest rates increase as a result of a strong economy, demand for Microchip’s products may also rise, potentially offsetting negative effects.
2. Cash Flow Sensitivity: Cash flow from operations can be sensitive to interest rate fluctuations. If Microchip is highly leveraged, increased interest rates will reduce free cash flow due to higher interest payments. Conversely, lower rates generally improve cash flow by reducing financing costs. Cash flow can also be influenced by market conditions tied to interest rates; for instance, in a low-rate environment, businesses may invest more, potentially boosting Microchip’s revenue and cash flow.
3. Valuation Sensitivity: The valuation of Microchip Technology is often assessed through discounted cash flow (DCF) analysis, which relies heavily on the discount rate. As interest rates rise, the discount rate applied to future cash flows increases, leading to a lower present value and, therefore, a lower valuation of the company. Conversely, if rates decline, the present value of cash flows increases, positively affecting valuation.
In summary, Microchip Technology’s earnings, cash flow, and valuation have varying degrees of sensitivity to interest rate changes, primarily influenced by the cost of financing, overall economic conditions, and how these factors affect the company’s revenue and operational costs.

QSByZWFsaX N0aWMgc2Nl bmFyaW8gb3 ZlciB0aGUg bmV4dCAzLT UgeWVhcnMg dGhhdCBjb3 VsZCBwZXJt YW5lbnRseS BpbXBhaXIg TWljcm9jaG lwIFRlY2hu b2xvZ3nigJ lzIGVjb25v bWljcyBtaW dodCBpbnZv bHZlIGEgc2 lnbmlmaWNh bnQgYW5kIH Byb2xvbmdl ZCBkaXNydX B0aW9uIGlu IHRoZSBzZW 1pY29uZHVj dG9yIHN1cH BseSBjaGFp biwgZXhhY2 VyYmF0ZWQg YnkgZXNjYW xhdGluZyBn ZW9wb2xpdG ljYWwgdGVu c2lvbnMsIG xlYWRpbmcg dG8gdHJhZG UgcmVzdHJp Y3Rpb25zIG 9yIHNhbmN0 aW9ucy4gVG hpcyBjb3Vs ZCBvY2N1ci wgZm9yIGV4 YW1wbGUsIG lmIHRlbnNp b25zIGJldH dlZW4gbWFq b3IgdGVjaC 1wcm9kdWNp bmcgY291bn RyaWVzIHdl cmUgdG8gaG VpZ2h0ZW4s IHJlc3VsdG luZyBpbiBz ZXZlcmUgbG ltaXRhdGlv bnMgb24gYW NjZXNzIHRv IGNyaXRpY2 FsIHJhdyBt YXRlcmlhbH MsIG1hbnVm YWN0dXJpbm cgY2FwYWJp bGl0aWVzLC BvciB0ZWNo bm9sb2d5IH RyYW5zZmVy cy48YnI+U3 VjaCBhIHNj ZW5hcmlvIH dvdWxkIGxp a2VseSBoYX ZlIHRoZSBm b2xsb3dpbm cgZWZmZWN0 cyBvbiB0aG UgY29tcGFu eeKAmXMgZm luYW5jaWFs IGhlYWx0aD o8YnI+MS4g PHN0cm9uZz 5NYXJnaW5z PC9zdHJvbm c+OiBUaGUg Y29tcGFueS BtaWdodCBz ZWUgYSBub3 RhYmxlIGNv bnRyYWN0aW 9uIGluIGl0 cyBwcm9maX QgbWFyZ2lu cy4gVGhlIG luY3JlYXNl ZCBjb3N0IG 9mIHNvdXJj aW5nIGFsdG VybmF0aXZl IG1hdGVyaW FscyBkdWUg dG8gc3VwcG x5IGNoYWlu IGRpc3J1cH Rpb25zIGNv dWxkIGRyaX ZlIHVwIHBy b2R1Y3Rpb2 4gY29zdHMu IEFkZGl0aW 9uYWxseSwg aWYgc3VwcG x5IHNob3J0 YWdlcyBsZW FkIHRvIGlu ZmxhdGVkIH ByaWNlcyBm b3IgY29tcG 9uZW50cyB0 aGF0IE1pY3 JvY2hpcCBy ZXF1aXJlcy wgZ3Jvc3Mg bWFyZ2lucy B3b3VsZCBi ZSBuZWdhdG l2ZWx5IGlt cGFjdGVkLi BUaGlzIGNv dWxkIHJlc3 VsdCBpbiBh biBpbmFiaW xpdHkgdG8g bWFpbnRhaW 4gY29tcGV0 aXRpdmUgcH JpY2luZyBp biB0aGUgbW Fya2V0LCBm dXJ0aGVyIH NxdWVlemlu ZyBtYXJnaW 5zIGFzIGN1 c3RvbWVycy Bsb29rIGZv ciBjb3N0LW VmZmVjdGl2 ZSBzb2x1dG lvbnMuPGJy PjIuIDxzdH Jvbmc+Q2Fz aCBGbG93PC 9zdHJvbmc+ OiBDYXNoIG Zsb3cgd291 bGQgbGlrZW x5IHN1ZmZl ciBhcyB3ZW xsLiBXaXRo IGhpZ2hlci Bwcm9kdWN0 aW9uIGNvc3 RzIGFuZCBw b3RlbnRpYW wgcmV2ZW51 ZSBkZWNsaW 5lcyBkdWUg dG8gdW5mdW xmaWxsZWQg b3JkZXJzLC B0aGUgb3Bl cmF0aW5nIG Nhc2ggZmxv d3MgY291bG QgZGltaW5p c2ggc2lnbm lmaWNhbnRs eS4gSWYgY3 VzdG9tZXJz IGRlbGF5IH B1cmNoYXNl cyBvciBzd2 l0Y2ggdG8g Y29tcGV0aX RvcnMgZHVl IHRvIHN1cH BseSBjb25z dHJhaW50cy wgdGhpcyB3 b3VsZCBleG FjZXJiYXRl IGNhc2ggZm xvdyBpc3N1 ZXMuIEZ1cn RoZXJtb3Jl LCB0aGUgY2 9tcGFueSBt aWdodCBuZW VkIHRvIGlu dmVzdCBzdW JzdGFudGlh bGx5IGluIG FsdGVybmF0 aXZlIHN1cH BseSBjaGFp bnMgb3IgdG VjaG5vbG9n eSB0byBtaX RpZ2F0ZSB0 aGUgaW1wYW N0IG9mIGRp c3J1cHRpb2 5zLCBsZWFk aW5nIHRvIG luY3JlYXNl ZCBjYXBpdG FsIGV4cGVu ZGl0dXJlcy BhbmQgZnVy dGhlciBzdH JhaW5pbmcg Y2FzaCBmbG 93Ljxicj4z LiA8c3Ryb2 5nPkJhbGFu Y2UgU2hlZX Q8L3N0cm9u Zz46IFRoZS BvdmVyYWxs IGJhbGFuY2 Ugc2hlZXQg Y291bGQgcm VmbGVjdCBp bmNyZWFzZW QgbGV2ZXJh Z2VzIGFzIH RoZSBjb21w YW55IG1pZ2 h0IHRha2Ug b24gZGVidC B0byBtYW5h Z2UgY2FzaC BmbG93IGNo YWxsZW5nZX Mgb3IgdG8g ZnVuZCBuZW Nlc3Nhcnkg aW52ZXN0bW VudHMgaW4g YWx0ZXJuYX RpdmUgbWFu dWZhY3R1cm luZyBzb2x1 dGlvbnMuIF dpdGggZGVj bGluaW5nIH JldmVudWUg YW5kIHByb2 ZpdGFiaWxp dHksIHNoYX JlaG9sZGVy IGVxdWl0eS BtYXkgYWxz byBiZSBuZW dhdGl2ZWx5 IGFmZmVjdG VkLCBsZWFk aW5nIHRvIG EgcG90ZW50 aWFsIGRldG VyaW9yYXRp b24gaW4gdG hlIGNvbXBh bnnigJlzIG ZpbmFuY2lh bCByYXRpb3 MuIElmIHRo ZSBzaXR1YX Rpb24gcGVy c2lzdHMsIH RoZXJlIGNv dWxkIGJlIG EgcmVhbGlz dGljIHJpc2 sgb2YgYXNz ZXQgd3JpdG UtZG93bnMg aWYgY2VydG FpbiBpbnZl c3RtZW50cy BubyBsb25n ZXIgeWllbG QgYW50aWNp cGF0ZWQgcm V0dXJucyBv ciBpZiBpbn ZlbnRvcnkg bGV2ZWxzIH JlbWFpbiBl bGV2YXRlZC BkdWUgdG8g bG93ZXIgZG VtYW5kLjxi cj5JbiBzdW 1tYXJ5LCBp ZiB0aGlzIH NjZW5hcmlv IHdlcmUgdG 8gdW5mb2xk LCBNaWNyb2 NoaXAgVGVj aG5vbG9neS BtaWdodCBm YWNlIGEgY2 9tYmluYXRp b24gb2Ygcm VkdWNlZCBt YXJnaW5zLC BkZWNsaW5p bmcgY2FzaC BmbG93LCBh bmQgYSB3ZW FrZW5pbmcg YmFsYW5jZS BzaGVldCwg d2hpY2ggY2 91bGQgYWx0 ZXIgaW52ZX N0b3IgcGVy Y2VwdGlvbi BhbmQgbWFy a2V0IHBvc2 l0aW9uaW5n 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 bG9nb3MvZz ZoSG1TM2JS N3VHR3o5TF FHSUkud2Vi cCIgYWx0PS JNaWNyb2No aXAgVGVjaG 5vbG9neSIg dGl0bGU9Ik 1pY3JvY2hp cCBUZWNobm 9sb2d5IiAg Y2xhc3M9Im ltZy1mbHVp ZCIgaGVpZ2 h0PTUwIHdp ZHRoPTUwIG xvYWRpbmc9 J2xhenknIH N0eWxlPSdi b3JkZXItcm FkaXVzOiA2 cHg7Jz4KCi AgICAgICAg ICAgICAgIC AgICAgPGRp diBzdHlsZT 0nZmxleDog MTsgdGV4dC 1hbGlnbjog Y2VudGVyOy BtYXJnaW4t bGVmdDogNX B4Oyc+CiAg ICAgICAgIC AgICAgICAg ICAgICAgID xwIHN0eWxl PSdmb250LX NpemU6IDI2 cHg7IGNvbG 9yOiAjMzMz OyBtYXJnaW 4tYm90dG9t OiAxNXB4Oy c+CiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC Dwn5OIIFdh bnQgdG8gcm VhZCBtb3Jl IGFib3V0IE 1pY3JvY2hp cCBUZWNobm 9sb2d5Pwog ICAgICAgIC AgICAgICAg ICAgICAgIC A8L3A+Cgog ICAgICAgIC AgICAgICAg ICAgICAgIC A8YSBocmVm PSdpbmRleC 5waHA/cGFn ZT1zaWdudX AnIHN0eWxl PScKICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg IGJhY2tncm 91bmQtY29s b3I6ICMwMD dCRkY7CiAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgICBjb2xv cjogI2ZmZj sKICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIH BhZGRpbmc6 IDEwcHggMj BweDsKICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgIGJvcmRl ci1yYWRpdX M6IDVweDsK ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgIHRl eHQtZGVjb3 JhdGlvbjog bm9uZTsKIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIGZvbn Qtd2VpZ2h0 OiBib2xkOw ogICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgbW FyZ2luLXJp Z2h0OiAxMH B4OwogICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgdHJhbnNp dGlvbjogYm Fja2dyb3Vu ZC1jb2xvci AwLjNzIGVh c2U7JwogIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgb25tb3 VzZW92ZXI9 J3RoaXMuc3 R5bGUuYmFj a2dyb3VuZE NvbG9yPSIj MDA1NmIzIi cKICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIG 9ubW91c2Vv dXQ9J3RoaX Muc3R5bGUu YmFja2dyb3 VuZENvbG9y PSIjMDA3Qk ZGIic+CiAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgICBTaWdu IHVwIGZvci BmcmVlCiAg ICAgICAgIC AgICAgICAg ICAgICAgID wvYT4KCiAg ICAgICAgIC AgICAgICAg ICAgICAgID xzcGFuIHN0 eWxlPSdtYX JnaW46IDAg OHB4OyBjb2 xvcjogIzU1 NTsnPm9yPC 9zcGFuPgoK ICAgICAgIC AgICAgICAg ICAgICAgIC AgPGEgaHJl Zj0naW5kZX gucGhwP3Bh Z2U9bG9naW 4nIHN0eWxl PScKICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg IGNvbG9yOi AjMDA3QkZG OwogICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg dGV4dC1kZW NvcmF0aW9u OiB1bmRlcm xpbmU7CiAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgICBmb250 LXdlaWdodD ogNTAwOyc+ CiAgICAgIC AgICAgICAg ICAgICAgIC AgICAgICBs b2cgaW4KIC AgICAgICAg ICAgICAgIC AgICAgICAg PC9hPgoKCi AgICAgICAg ICAgICAgIC AgICAgICAg IDxwIHN0eW xlPSdtYXJn aW4tdG9wOi AxNXB4OyBm b250LXNpem U6IDEzcHg7 IGZvbnQtd2 VpZ2h0OiBi b2xkOyBjb2 xvcjogI2Qz MmYyZjsnPg ogICAgICAg ICAgICAgIC AgICAgICAg ICAgICAg8J +TliBHZXQg aW5zaWdodH MgZnJvbSA8 aT4iVGhlIE NoZWNrbGlz dCBWYWx1ZS BJbnZlc3Rv ciDigJQgQS BTbWFydGVy IFdheSB0by BQaWNrIFN0 b2NrcyI8L2 k+IG5vdyEK ICAgICAgIC AgICAgICAg ICAgICAgIC AgPC9wPgoK ICAgICAgIC AgICAgICAg ICAgICAgIC AgPCEtLQog ICAgICAgIC AgICAgICAg ICAgICAgIC A8ZGl2IHN0 eWxlPSdtYX JnaW4tdG9w OiAxMnB4Oy Bmb250LXNp emU6IDEzcH g7IGNvbG9y OiAjNDQ0Oy c+CiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC BTaWduIHVw IG5vdyBhbm QgZ2V0IG91 ciBmcmVlIG VCb29rIAog ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgPGI+ VGhlIENoZW NrbGlzdCBW YWx1ZSBJbn Zlc3RvciDi gJQgQSBTbW FydGVyIFdh eSB0byBQaW NrIFN0b2Nr czwvYj4KIC AgICAgICAg ICAgICAgIC AgICAgICAg PC9kaXY+Ci AgICAgICAg ICAgICAgIC AgICAgICAg IC0tPgogIC AgICAgICAg ICAgICAgIC AgICAgICA8 IS0tCiAgIC AgICAgICAg ICAgICAgIC AgICAgIDxk aXYgc3R5bG U9J21hcmdp bi10b3A6ID E2cHg7IGZv bnQtc2l6ZT ogMTRweDsg Y29sb3I6IC M0NDQ7IGZv bnQtZmFtaW x5OiAtYXBw bGUtc3lzdG VtLCBCbGlu a01hY1N5c3 RlbUZvbnQs IFNlZ29lIF VJLCBSb2Jv dG8sIEhlbH ZldGljYSBO ZXVlLCBzYW 5zLXNlcmlm OyBsaW5lLW hlaWdodDog MS42Oyc+Ci AgICAgICAg ICAgICAgIC AgICAgICAg ICAgICBIYX ZlIHlvdSBo ZWFyZCBhYm 91dCBvdXIg c2hvcnQgPH N0cm9uZyBz dHlsZT0nZm 9udC13ZWln aHQ6IDYwMD snPkRhaWx5 IFZpZGVvIE 5ld3NsZXR0 ZXI8L3N0cm 9uZz4/CiAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgICA8YSBo cmVmPSdodH RwczovL3d3 dy5pbnNpZ2 h0ZnVsdmFs dWUuY29tL2 5ld3NsZXR0 ZXIucGhwJy B0YXJnZXQ9 J19ibGFuay cgc3R5bGU9 J2NvbG9yOi AjMDA3QkZG OyB0ZXh0LW RlY29yYXRp b246IG5vbm U7IGZvbnQt d2VpZ2h0Oi A1MDA7IG1h cmdpbi1sZW Z0OiA2cHg7 Jz4KICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgICBGaW 5kIG91dCBt b3JlCiAgIC AgICAgICAg ICAgICAgIC AgICAgICAg ICA8L2E+Ci AgICAgICAg ICAgICAgIC AgICAgICAg IDwvZGl2Pg ogICAgICAg ICAgICAgIC AgICAgICAg ICAtLT4KIC AgICAgICAg ICAgICAgIC AgICA8L2Rp dj4KICAgIC AgICAgICAg ICAgIDwvZG l2PgogICAg ICAgICAgIC A8L2Rpdj4K ICAgICAgIC AgICAgCiAg ICAgICAgCi AgICAgICAg PHNwYW4gY2 xhc3M9J2Js dXJyZWQtdG V4dCc+CiAg ICAgICAgIC AgIE1TNGdU V2xqY20gOW phR2x3SUZS bCBZMmh1Yj J4dlozIGtn ZDJGeklHWn YgZFc1a1pX UWdhVyA0Z0 1UazROeUJp IGVTQm1iM1 Z5SUcgbHVa R2wyYVdSMS BZV3h6T2lC VGRHIFYyWl NCVFlXNW4g YUdrc0lFMW hkSCBSb1pY Y2dVR1Z5IG Nua3NJRWRo Ym0gVnphQ0 JOYjI5eSBk R2g1TENCaG JtIFFnUjI5 d1lXd2cgUj JGeVp5NDhZ biBJK01pNG dWR2hsIElH TnZiWEJoYm 4gbmlnSmx6 SUdacCBjbk 4wSUhCeWIy IFIxWTNRZ2 QyRnogSUhS b1pTQlFTVS BNeE5rTTFO Q0J0IGFXTn liMk52Ym4g UnliMnhzWl hJcyBJSGRw ZEdnZ2JXIF Z0YjNKNUxD QmggSURFeU xXSnBkQyBC cGJuTjBjbl ZqIGRHbHZi aUJ6WlggUX NJR0Z1WkNC aCBJRFFnVF VoNklHIE5z YjJOcklITn cgWldWa0xq eGljaiA0ek xpQkpiaUIw IGFHVWdaV0 Z5Ykgga2da R0Y1Y3l3Zy BUV2xqY205 amFHIGx3SU ZSbFkyaHUg YjJ4dloza2 diMyBCbGNt RjBaV1FnIG IzVjBJRzlt SUcgRWdNaX cwTURBdCBj M0YxWVhKbE xXIFp2YjNR Z2NtVnUgZE dWa0lHOW1a bSBsalpTQn pjR0ZqIFpT QnBiaUJEYU cgRnVaR3hs Y2l3ZyBRWE pwZW05dVlT IDQ4WW5JK0 5DNGcgVkdo bElHTnZiWC BCaGJua2da WGh3IFpYSn BaVzVqWlcg UWdjbUZ3YV dRZyBaM0p2 ZDNSb0lHIE Z1WkNCM1pX NTAgSUhCMV lteHBZeSBC cGJpQXhPVG t6IExDQjNh WFJvSUcgRW djM1J2WTJz ZyBiMlptWl hKcGJtIGNn YjJZZ0pERX kgSUcxcGJH eHBiMiA0dU lFSjVJREU1 IE9Ua3NJR2 wwY3kgQmhi bTUxWVd3Zy BjbVYyWlc1 MVpYIE1nYz NWeWNHRnog YzJWa0lDUX hJRyBKcGJH eHBiMjR1IF BHSnlQalV1 SUUgbHVJRE U1T1RncyBJ RTFwWTNKdl kyIGhwY0NC VVpXTm8gYm 05c2IyZDVJ RyBGamNYVn BjbVZrIElF ZGxibVZ5WV cgd2dTVzV6 ZEhKMSBiV1 Z1ZENCTmFX IE55YjJWc1 pXTjAgY205 dWFXTnpJRS BOdmNuQnZj bUYwIGFXOX VMQ0JsZUgg QmhibVJwYm 1jZyBhWFJ6 SUhCeVpYIE 5sYm1ObElH bHUgSUhSb1 pTQmhkWCBS dmJXOTBhWF psIElHRnVa Q0JqYjIgNX pkVzFsY2lC bCBiR1ZqZE hKdmJtIGxq Y3lCdFlYSn IgWlhSekxq eGljaiA0Mk xpQlVhR1Vn IFkyOXRjR0 Z1ZVMgQnBj eUJyYm05My BiaUJtYjNJ Z2NHIGx2Ym 1WbGNtbHUg WnlCMGFHVW dkWCBObElH OW1JRVpzIF lYTm9JRzFs YlcgOXllU0 JwYmlCdCBh V055YjJOdm JuIFJ5YjJ4 c1pYSnogTE NCM2FHbGph QyBCaGJHeH ZkM01nIFpt OXlJR1ZoYz IgbGxjaUJ5 WlhCeSBiMm R5WVcxdGFX IDVuSUdGdV pDQjEgY0dS aGRHbHVaeS BCdlppQmta WFpwIFkyVn pJR052Ylgg QmhjbVZrSU hSdiBJRzlz WkdWeUlIIF JsWTJodWIy eHYgWjJsbG N5QnpkVyBO b0lHRnpJRV ZRIFVrOU5J R0Z1WkMgQk ZSVkJTVDAw dSBQR0p5UG pjdUlFIDFw WTNKdlkyaH AgY0NCVVpX Tm9ibSA5c2 IyZDVJRzlt IFptVnljeU JoSUggZHBa R1VnY21GdS BaMlVnYjJZ Z2NIIEp2Wk hWamRITXMg SUdsdVkyeD FaRyBsdVp5 QnRhV055IG IyTnZiblJ5 YjIgeHNaWE p6TENCaCBi bUZzYjJjZ1 lXIDVrSUds dWRHVnkgWm 1GalpTQndj bSA5a2RXTj BjeXdnIFlX NWtJR1JsZG 0gVnNiM0J0 Wlc1MCBJSF J2YjJ4ekxq IHhpY2o0NE xpQlUgYUdV Z1kyOXRjRy BGdWVlS0Ft WE1nIGJXbG pjbTlqYjIg NTBjbTlzYk dWeSBjeUJo Y21VZ2RYIE 5sWkNCcGJp QmggSUhaaG NtbGxkSCBr Z2IyWWdZWE J3IGJHbGpZ WFJwYjIgNX pMQ0J6ZFdO byBJR0Z6SU dGMWRHIDl0 YjNScGRtVX MgSUdsdVpI VnpkSCBKcF lXd3NJR052 IGJuTjFiV1 Z5TEMgQmhi bVFnYldWay BhV05oYkNC a1pYIFpwWT JWekxqeGkg Y2o0NUxpQk piaSBBeU1E RXlMQ0JOIG FXTnliMk5v YVggQWdWR1 ZqYUc1diBi RzluZVNCaF kzIEYxYVhK bFpDQlQgZE dGdVpHRnla QyBCTmFXTn liM041IGMz UmxiWE1nUT IgOXljRzl5 WVhScCBiMj RnS0ZOTlUw IE1wTENCbG VIQmggYm1S cGJtY2dhWC BSeklIQnZj blJtIGIyeH BieUIwYnkg QnBibU5zZF dSbCBJSEJ5 YjJSMVkzIF J6SUhOMVky Z2cgWVhNZ1 JYUm9aWCBK dVpYUWdZMj l1IGRISnZi R3hsY24gTX NJRlZUUWlC byBkV0p6TE NCaGJtIFFn YUdsbmFDMX ogY0dWbFpD QjBjbSBGdW MyTmxhWFps IGNuTXVQR0 p5UGogRXdM aUJVYUdVZy BZMjl0Y0dG dWVTIEJwY3 lCaGJITnYg SUd0dWIzZH VJRyBadmNp QnBkSE1nIF kyOXRiV2ww YlcgVnVkQ0 IwYnlCeiBk WE4wWVdsdV lXIEpwYkds MGVTQmggYm 1RZ2MyOWph VyBGc0lISm xjM0J2IGJu TnBZbWxzYV ggUjVMQ0J3 Y205dCBiM1 JwYm1jZ1pX IDVsY21kNU lHVm0gWm1s amFXVnVZMy BrZ2FXNGdh WFJ6IElIQn liMlIxWTMg UnpJR0Z1Wk NCcCBiWEJz WlcxbGJuIF JwYm1jZ1pX NTIgYVhKdm JtMWxibiBS aGJDQnRZVz VoIFoyVnRa VzUwSUggTj VjM1JsYlhN ZyBZV055Yj NOeklHIGww Y3lCbmJHOW kgWVd3Z2Iz QmxjbSBGMG FXOXVjeTQ4 IFluSStNVE V1SUUgMXBZ M0p2WTJocC BjQ0JVWldO b2JtIDlzYj JkNUlHaGgg Y3lCdmRtVn lJRCBFNExE QXdNQ0JsIG JYQnNiM2xs WlggTWdkMj l5YkdSMyBh V1JsTENCM2 FYIFJvSUc5 bVptbGogWl hNZ1lXNWtJ RyAxaGJuVm 1ZV04wIGRY SnBibWNnWm 0gRmphV3hw ZEdsbCBjeU JwYmlCdmRt IFZ5SURFd0 1DQnMgYjJO aGRHbHZibi BNdVBHSnlQ akV5IExpQk piaUF5TUQg RTVMQ0JOYV dOeSBiMk5v YVhBZ1ZHIF ZqYUc1dmJH OW4gZVNCM1 lYTWdjbSBG dWEyVmtJR0 Z6IElIUm9a U0F6TVggTj BJR3hoY21k bCBjM1FnYz JWdGFXIE52 Ym1SMVkzUn YgY2lCamIy MXdZVyA1NU lHbHVJSFJv IFpTQjNiM0 pzWkMgQmll U0J5WlhabC BiblZsTENC aFkyIE52Y2 1ScGJtY2cg ZEc4Z1IyRn lkRyA1bGNp NDhZbkkrIE 1UTXVJRlJv WlMgQmpiMj F3WVc1NSBJ R2hoY3lCeV pXIE5sYVha bFpDQnUgZF cxbGNtOTFj eSBCaGQyRn laSE1nIFlX NWtJSEpsWT IgOW5ibWww YVc5dSBjeX dnYVc1amJI IFZrYVc1bk lHSmwgYVc1 bklHNWhiVy BWa0lHOXVa U0J2IFppQj BhR1VnVjIg OXliR1RpZ0 pseiBJRTF2 YzNRZ1JYIF JvYVdOaGJD QkQgYjIxd1 lXNXBaWCBN Z1lua2dkR2 hsIElFVjBh R2x6Y0cgaG xjbVVnU1c1 eiBkR2wwZF hSbElHIFp2 Y2lBeE1pQm ogYjI1elpX TjFkRyBsMl pTQjVaV0Z5 IGN5NDhZbk krTVQgUXVJ RTFwWTNKdi BZMmhwY0NC VVpXIE5vYm 05c2IyZDUg SUdoaGN5Qm hiSCBOdklH SmxaVzRnIG NtVmpiMmR1 YVggcGxaQ0 JtYjNJZyBh WFJ6SUhkdm NtIHR3YkdG alpTQmogZF d4MGRYSmxM QyBCeVpXTm xhWFpwIGJt Y2dZWGRoY2 0gUnpJSE4x WTJnZyBZWE 1nUW1WemRD IEJRYkdGal pYTWcgZEc4 Z1YyOXlheS BCaWVTQkhi R0Z6IGMyUn ZiM0lzSUUg WnZjbUpsY3 l3ZyBZVzVr SUhSb1pTIE JCY21sNmIy NWggSUZKbG NIVmliRyBs akxqeGljaj R4IE5TNGdW R2hsSUcgTn ZiWEJoYm5u aSBnSmx6SU dobFlXIFJ4 ZFdGeWRHVn kgY3lCaGNt VWdiRyA5al lYUmxaQ0Jw IGJpQkRhR0 Z1WkcgeGxj aXdnUVhKcC BlbTl1WVN3 Z1lXIDVrSU dsMElHbHog SUd4cGMzUm xaQyBCdmJp QjBhR1VnIF RrRlRSRUZS SUggTjBiMk 5ySUdWNCBZ MmhoYm1kbE lIIFZ1WkdW eUlIUm8gWl NCMGFXTnJa WCBJZ2MzbH RZbTlzIElF MURTRkF1Ci AgICAgICAg PC9zcGFuPg ogICAgICAg IAogICAgIC AgIA==