Magna International

-12.11%

Live  

Magna International is a global automotive and mobility technology company based in Aurora, Ontario, Canada. The company was founded in 1957 by Frank Stronach and currently operates in over 27 countries with over 166,000 employees worldwide. Magna International is a major supplier to the automotive industry, providing a wide range of products and services including automotive body and chassis systems, exterior systems, electronic systems, powertrain systems, and complete vehicle assembly.
Magna International's innovative technology and engineering expertise have made it a leader in the development of advanced mobility solutions for both traditional and electric vehicles. The company's commitment to sustainability and innovation has helped it establish strong partnerships with automotive manufacturers around the world.
In addition to its automotive business, Magna International also has a diversified portfolio in other industries including aerospace, commercial truck, and off-highway vehicle markets. The company has a strong focus on corporate responsibility and has received numerous awards for its commitment to sustainability and social responsibility.
Magna International's mission is to create a better tomorrow by providing innovative and sustainable mobility solutions for a changing world.

T2theSEgSW 1hZ2luZSB5 b3UgaGF2ZS BhIGZhdm9y aXRlIHRveS BjYXIgdGhh dCBjYW4gem 9vbSByZWFs bHkgZmFzdC 4gTm93LCB0 aGluayBhYm 91dCBob3cg dGhhdCB0b3 kgY2FyIGlz IG1hZGUuIF RoZXJlIGFy ZSBkaWZmZX JlbnQgcGFy dHMgbGlrZS B0aGUgd2hl ZWxzLCB0aG UgYm9keSwg YW5kIHRoZS BlbmdpbmUg dGhhdCBhbG wgY29tZSB0 b2dldGhlci B0byBtYWtl IGl0IGZ1bi B0byBwbGF5 IHdpdGguID xicj5NYWdu YSBJbnRlcm 5hdGlvbmFs IGlzIGEgY2 9tcGFueSB0 aGF0IG1ha2 VzIHBhcnRz IGZvciByZW FsIGNhcnMg aW5zdGVhZC BvZiB0b3kg Y2Fycy4gVG hleSBjcmVh dGUgdGhpbm dzIGxpa2Ug dGhlIGNhci BzZWF0cyB3 aGVyZSB5b3 Ugc2l0LCB0 aGUgbWlycm 9ycyB0aGF0 IGhlbHAgeW 91IHNlZSBi ZWhpbmQgeW 91LCBhbmQg ZXZlbiBwYX J0cyB0aGF0 IGhlbHAgdG hlIGNhciBy dW4gc21vb3 RobHksIGxp a2UgdGhlIH BhcnRzIGZv ciB0aGUgZW 5naW5lLiBU aGV5IHdvcm sgd2l0aCBt YW55IGJpZy BjYXIgY29t cGFuaWVzIH RvIGhlbHAg YnVpbGQgY2 FycyBhbmQg dHJ1Y2tzLj xicj5NYWdu YSBtYWtlcy Btb25leSBi eSBzZWxsaW 5nIHRoZXNl IHBhcnRzIH RvIGNhciBt YW51ZmFjdH VyZXJzLiBX aGVuIGEgY2 FyIGNvbXBh bnkgd2FudH MgdG8gbWFr ZSBhIG5ldy BjYXIsIHRo ZXkgYnV5IH BhcnRzIGZy b20gTWFnbm EuIFRoZSBt b3JlIGNhcn MgdGhhdCBh cmUgYnVpbH QsIHRoZSBt b3JlIHBhcn RzIE1hZ25h IHNlbGxzLC BhbmQgdGhh dCBoZWxwcy B0aGVtIGVh cm4gbW9uZX kuPGJyPk5v dywgd2h5IG lzIE1hZ25h IHN1Y2Nlc3 NmdWw/IFRo ZXJlIGFyZS BhIGZldyBy ZWFzb25zOj xicj4xLiA8 c3Ryb25nPl ZhcmlldHk8 L3N0cm9uZz 46IFRoZXkg bWFrZSBhIG xvdCBvZiBk aWZmZXJlbn QgcGFydHMs IHNvIGV2ZW 4gaWYgb25l IGNhciBjb2 1wYW55IGRv ZXNu4oCZdC BuZWVkIHNv bWV0aGluZy wgYW5vdGhl ciBtaWdodC 4gVGhpcyBt ZWFucyB0aG V5IGhhdmUg bWFueSBjdX N0b21lcnMu PGJyPjIuID xzdHJvbmc+ UXVhbGl0eT wvc3Ryb25n PjogTWFnbm EgaXMga25v d24gZm9yIG 1ha2luZyBy ZWFsbHkgZ2 9vZCBwYXJ0 cy4gQ2FyIG NvbXBhbmll cyB0cnVzdC B0aGVtLCB3 aGljaCBoZW xwcyB0aGVt IGtlZXAgYn VzaW5lc3Mg Z29pbmcuPG JyPjMuIDxz dHJvbmc+SW 5ub3ZhdGlv bjwvc3Ryb2 5nPjogVGhl eSBhcmUgYW x3YXlzIHRy eWluZyB0by Bjb21lIHVw IHdpdGggbm V3IGlkZWFz IGFuZCBiZX R0ZXIgd2F5 cyB0byBidW lsZCB0aGlu Z3MuIFRoaX Mga2VlcHMg dGhlbSBhaG VhZCBvZiBv dGhlciBjb2 1wYW5pZXMu PGJyPjQuID xzdHJvbmc+ R2xvYmFsIF JlYWNoPC9z dHJvbmc+Oi BNYWduYSBo YXMgZmFjdG 9yaWVzIGFu ZCBvZmZpY2 VzIGluIG1h bnkgcGFydH Mgb2YgdGhl IHdvcmxkLC BzbyB0aGV5 IGNhbiB3b3 JrIHdpdGgg Y2FyIGNvbX BhbmllcyBl dmVyeXdoZX JlLjxicj5J biB0aGUgZn V0dXJlLCBN YWduYSB3aW xsIGxpa2Vs eSBzdGF5IH N1Y2Nlc3Nm dWwgYmVjYX VzZSB0aGV5 IGtlZXAgYW RhcHRpbmcg dG8gbmV3IH RlY2hub2xv Z3ksIGxpa2 UgZWxlY3Ry aWMgY2Fycy BhbmQgc2Vs Zi1kcml2aW 5nIGNhcnMu IEFzIGNhcn MgY2hhbmdl LCB0aGV5IG NhbiBjcmVh dGUgbmV3IH BhcnRzIGZv ciB0aGVzZS BleGNpdGlu ZyBkZXZlbG 9wbWVudHMu IEJ5IGJlaW 5nIHZlcnNh dGlsZSwgdH J1c3R3b3J0 aHksIGFuZC Bpbm5vdmF0 aXZlLCBNYW duYSBjYW4g a2VlcCBtYW tpbmcgbW9u ZXkgYW5kIG dyb3dpbmch PGJyPg==

MS4gR2xvYm FsIFByZXNl bmNlOiBNYW duYSBJbnRl cm5hdGlvbm FsIGlzIGEg bXVsdGluYX Rpb25hbCBh dXRvbW90aX ZlIHN1cHBs aWVyIHdpdG ggb3ZlciAz NDcgbWFudW ZhY3R1cmlu ZyBmYWNpbG l0aWVzIGFu ZCA4NyBwcm 9kdWN0IGRl dmVsb3BtZW 50LCBlbmdp bmVlcmluZy BhbmQgc2Fs ZXMgY2VudG VycyBpbiAy OCBjb3VudH JpZXMuPGJy PjIuIERpdm Vyc2UgUHJv ZHVjdCBQb3 J0Zm9saW86 IFRoZSBjb2 1wYW55IG9m ZmVycyBhIG RpdmVyc2Ug cmFuZ2Ugb2 YgcHJvZHVj dHMgaW5jbH VkaW5nIGJv ZHksIGNoYX NzaXMsIGV4 dGVyaW9yLC BzZWF0aW5n LCBwb3dlcn RyYWluLCBl bGVjdHJvbm ljcywgYW5k IGNvbXBsZX RlIHZlaGlj bGUgYXNzZW 1ibHkgc3lz dGVtcywgbW FraW5nIGl0 IGEgb25lLX N0b3Agc29s dXRpb24gZm 9yIGF1dG9t b3RpdmUgbW FudWZhY3R1 cmVycy48Yn I+My4gSW5k dXN0cnkgTG VhZGVyOiBN YWduYSBJbn Rlcm5hdGlv bmFsIGhhcy Bjb25zaXN0 ZW50bHkgYm VlbiByZWNv Z25pemVkIG FzIG9uZSBv ZiB0aGUgbG FyZ2VzdCBh dXRvbW90aX ZlIHN1cHBs aWVycyBpbi B0aGUgd29y bGQuIEl0IG lzIGFsc28g cmFua2VkIG Ftb25nIHRo ZSB0b3AgMz AgY29tcGFu aWVzIGluIH RoZSBGb3J0 dW5lIDUwMC BsaXN0Ljxi cj40LiBJbm 5vdmF0aXZl IFRlY2hub2 xvZ2llczog VGhlIGNvbX BhbnkgaGFz IGEgc3Ryb2 5nIGZvY3Vz IG9uIHJlc2 VhcmNoIGFu ZCBkZXZlbG 9wbWVudCwg Y29uc3Rhbn RseSBkZXZl bG9waW5nIG lubm92YXRp dmUgdGVjaG 5vbG9naWVz IHRoYXQgY2 F0ZXIgdG8g dGhlIGNoYW 5naW5nIG5l ZWRzIG9mIH RoZSBhdXRv bW90aXZlIG luZHVzdHJ5 LiBUaGlzIG luY2x1ZGVz IGxpZ2h0d2 VpZ2h0IG1h dGVyaWFscy wgZnVlbC1l ZmZpY2llbn QgcG93ZXJ0 cmFpbiBzeX N0ZW1zLCBh bmQgYWR2YW 5jZWQgZHJp dmVyIGFzc2 lzdGFuY2Ug c3lzdGVtcy 48YnI+NS4g Q3VzdG9tZX IgRm9jdXM6 IE1hZ25hIE ludGVybmF0 aW9uYWwgaG FzIGEgY3Vz dG9tZXItY2 VudHJpYyBh cHByb2FjaC BhbmQgd29y a3MgY2xvc2 VseSB3aXRo IGl0cyBjbG llbnRzIHRv IHByb3ZpZG UgY3VzdG9t aXplZCBzb2 x1dGlvbnMg dGhhdCBtZW V0IHRoZWly IHNwZWNpZm ljIG5lZWRz IGFuZCByZX F1aXJlbWVu dHMuPGJyPj YuIFN1c3Rh aW5hYmxlIF ByYWN0aWNl czogVGhlIG NvbXBhbnkg aXMgY29tbW l0dGVkIHRv IHN1c3RhaW 5hYmlsaXR5 IGFuZCBoYX MgaW1wbGVt ZW50ZWQgdm FyaW91cyBp bml0aWF0aX ZlcyB0byBy ZWR1Y2UgaX RzIGVudmly b25tZW50YW wgaW1wYWN0 LiBUaGlzIG luY2x1ZGVz IGRldmVsb3 BpbmcgZWNv LWZyaWVuZG x5IHByb2R1 Y3RzIGFuZC BpbXBsZW1l bnRpbmcgc3 VzdGFpbmFi bGUgbWFudW ZhY3R1cmlu ZyBwcm9jZX NzZXMuPGJy PjcuIFN0cm 9uZyBGaW5h bmNpYWwgUG VyZm9ybWFu Y2U6IE1hZ2 5hIEludGVy bmF0aW9uYW wgaGFzIGEg dHJhY2sgcm Vjb3JkIG9m IGNvbnNpc3 RlbnQgYW5k IHN0cm9uZy BmaW5hbmNp YWwgcGVyZm 9ybWFuY2Us IG1ha2luZy BpdCBhIHJl bGlhYmxlIG FuZCBzdGFi bGUgcGFydG 5lciBmb3Ig Y3VzdG9tZX JzLCBpbnZl c3RvcnMsIG FuZCBzdGFr ZWhvbGRlcn MuPGJyPjgu IEVtcGxveW VlIERldmVs b3BtZW50Oi BUaGUgY29t cGFueSB2YW x1ZXMgaXRz IGVtcGxveW VlcyBhbmQg aGFzIHZhcm lvdXMgcHJv Z3JhbXMgaW 4gcGxhY2Ug dG8gcHJvdm lkZSB0cmFp bmluZyBhbm QgZGV2ZWxv cG1lbnQgb3 Bwb3J0dW5p dGllcyB0by BpdHMgd29y a2ZvcmNlLi BUaGlzIGhh cyByZXN1bH RlZCBpbiBh IGhpZ2hseS Bza2lsbGVk IGFuZCBtb3 RpdmF0ZWQg d29ya2Zvcm NlLjxicj45 LiBQaGlsYW 50aHJvcHkg d29yazogTW FnbmEgSW50 ZXJuYXRpb2 5hbCBpcyBh Y3RpdmVseS BpbnZvbHZl ZCBpbiB2YX Jpb3VzIHBo aWxhbnRocm 9waWMgYW5k IGNvbW11bm l0eSBkZXZl bG9wbWVudC Bpbml0aWF0 aXZlcyBhcm 91bmQgdGhl IHdvcmxkLC BkZW1vbnN0 cmF0aW5nIG l0cyBjb21t aXRtZW50IH RvIHNvY2lh bCByZXNwb2 5zaWJpbGl0 eS48YnI+MT AuIEluZHVz dHJ5IFJlY2 9nbml0aW9u OiBUaGUgY2 9tcGFueSBo YXMgcmVjZW l2ZWQgbnVt ZXJvdXMgaW 5kdXN0cnkg YXdhcmRzIG FuZCBhY2Nv bGFkZXMgZm 9yIGl0cyBw cm9kdWN0cy wgc2Vydmlj ZXMsIGFuZC Bjb250cmli dXRpb25zIH RvIHRoZSBh dXRvbW90aX ZlIGluZHVz dHJ5LiBUaG lzIGluY2x1 ZGVzIGJlaW 5nIG5hbWVk IGFzIG9uZS BvZiB0aGUg d29ybGQncy Btb3N0IGFk bWlyZWQgY2 9tcGFuaWVz IGJ5IEZvcn R1bmUgbWFn YXppbmUu

TWFnbmEgSW 50ZXJuYXRp b25hbCBpcy BhIGdsb2Jh bCBhdXRvbW 90aXZlIHN1 cHBsaWVyIG FuZCBjb250 cmFjdCBtYW 51ZmFjdHVy ZXIgdGhhdC BkZXNpZ25z LCBkZXZlbG 9wcywgYW5k IG1hbnVmYW N0dXJlcyBh dXRvbW90aX ZlIHBhcnRz LCBhc3NlbW JsaWVzLCBt b2R1bGVzLC BhbmQgc3lz dGVtcy4gVG hlaXIgYnVz aW5lc3MgbW 9kZWwgaXMg YmFzZWQgb2 4gcHJvdmlk aW5nIGlubm 92YXRpdmUg c29sdXRpb2 5zLCBleGNl bGxlbnQgZW 5naW5lZXJp bmcgYW5kIG 1hbnVmYWN0 dXJpbmcgY2 FwYWJpbGl0 aWVzLCBhbm QgZ2xvYmFs IGRpc3RyaW J1dGlvbiBu ZXR3b3Jrcy B0byBtZWV0 IHRoZWlyIG N1c3RvbWVy cycgbmVlZH MuIDxicj5U aGUga2V5IG NvbXBvbmVu dHMgb2YgdG hlaXIgYnVz aW5lc3MgbW 9kZWwgYXJl IGFzIGZvbG xvd3M6PGJy PjEuIExlYW 4gTWFudWZh Y3R1cmluZz ogTWFnbmEg SW50ZXJuYX Rpb25hbCBm b2xsb3dzIG EgbGVhbiBt YW51ZmFjdH VyaW5nIHBy b2Nlc3MgdG 8gaW5jcmVh c2UgZWZmaW NpZW5jeSwg cmVkdWNlIH dhc3RlLCBh bmQgaW1wcm 92ZSBwcm9k dWN0IHF1YW xpdHkuIFRo ZXkgaGF2ZS BpbXBsZW1l bnRlZCB0aG UgVG95b3Rh IFByb2R1Y3 Rpb24gU3lz dGVtLCB3aG ljaCBmb2N1 c2VzIG9uIG NvbnRpbnVv dXMgaW1wcm 92ZW1lbnQg YW5kIGN1c3 RvbWVyIHNh dGlzZmFjdG lvbi48YnI+ Mi4gRGl2ZX JzaWZpZWQg UHJvZHVjdC BQb3J0Zm9s aW86IE1hZ2 5hIEludGVy bmF0aW9uYW wgaGFzIGEg ZGl2ZXJzZS Bwcm9kdWN0 IHBvcnRmb2 xpbywgY2F0 ZXJpbmcgdG 8gZGlmZmVy ZW50IHNlZ2 1lbnRzIG9m IHRoZSBhdX RvbW90aXZl IGluZHVzdH J5LCBpbmNs dWRpbmcgYm 9keSBhbmQg Y2hhc3Npcy wgcG93ZXJ0 cmFpbiwgZW xlY3Ryb25p Y3MsIGV4dG VyaW9ycywg YW5kIGludG VyaW9ycy48 YnI+My4gQ2 9sbGFib3Jh dGl2ZSBBcH Byb2FjaDog VGhleSB3b3 JrIGNsb3Nl bHkgd2l0aC B0aGVpciBj dXN0b21lcn MgdG8gdW5k ZXJzdGFuZC B0aGVpciBu ZWVkcyBhbm QgcHJvdmlk ZSBjdXN0b2 1pemVkIHNv bHV0aW9ucy 4gVGhpcyBj b2xsYWJvcm F0aXZlIGFw cHJvYWNoIG hlbHBzIGlu IGJ1aWxkaW 5nIGxvbmct dGVybSByZW xhdGlvbnNo aXBzIHdpdG ggY3VzdG9t ZXJzLjxicj 40LiBHbG9i YWwgRm9vdH ByaW50OiBN YWduYSBJbn Rlcm5hdGlv bmFsIGhhcy BhIGdsb2Jh bCBwcmVzZW 5jZSwgd2l0 aCBvcGVyYX Rpb25zIGlu IDI3IGNvdW 50cmllcyBh bmQgMzM5IG 1hbnVmYWN0 dXJpbmcgZm FjaWxpdGll cy4gVGhpcy BhbGxvd3Mg dGhlbSB0by BzZXJ2ZSBj dXN0b21lcn Mgd29ybGR3 aWRlIGFuZC BtaXRpZ2F0 ZSByaXNrcy Bhc3NvY2lh dGVkIHdpdG ggcmVnaW9u YWwgZWNvbm 9taWMgZG93 bnR1cm5zLj xicj41LiBG bGV4aWJpbG l0eSBhbmQg QWdpbGl0eT ogVGhleSBo YXZlIGEgZm xleGlibGUg YW5kIGFnaW xlIG1hbnVm YWN0dXJpbm cgcHJvY2Vz cyB0aGF0IG FsbG93cyB0 aGVtIHRvIH F1aWNrbHkg YWRhcHQgdG 8gY2hhbmdp bmcgbWFya2 V0IGRlbWFu ZHMgYW5kIH Byb3ZpZGUg Y3VzdG9taX plZCBzb2x1 dGlvbnMgdG 8gY3VzdG9t ZXJzLjxicj 42LiBJbm5v dmF0aW9uIG FuZCBUZWNo bm9sb2d5Oi BNYWduYSBJ bnRlcm5hdG lvbmFsIGlu dmVzdHMgaG VhdmlseSBp biByZXNlYX JjaCBhbmQg ZGV2ZWxvcG 1lbnQgdG8g c3RheSBhdC B0aGUgZm9y ZWZyb250IG 9mIGF1dG9t b3RpdmUgdG VjaG5vbG9n eS4gVGhleS BoYXZlIGEg ZGVkaWNhdG VkIHRlYW0g b2YgZW5naW 5lZXJzIGFu ZCBkZXNpZ2 5lcnMgd2hv IGNvbnRpbn VvdXNseSB3 b3JrIG9uIG RldmVsb3Bp bmcgbmV3IH Byb2R1Y3Rz IGFuZCBpbX Byb3Zpbmcg ZXhpc3Rpbm cgb25lcy48 YnI+Ny4gVm VydGljYWwg SW50ZWdyYX Rpb246IE1h Z25hIEludG VybmF0aW9u YWwgZm9sbG 93cyBhIHZl cnRpY2FsIG ludGVncmF0 aW9uIHN0cm F0ZWd5LCB3 aXRoIGluLW hvdXNlIGNh cGFiaWxpdG llcyBmb3Ig ZGVzaWduLC BlbmdpbmVl cmluZywgYW 5kIHByb2R1 Y3Rpb24sIG FsbG93aW5n IHRoZW0gdG 8gaGF2ZSBi ZXR0ZXIgY2 9udHJvbCBv dmVyIHRoZS BxdWFsaXR5 IGFuZCBjb3 N0IG9mIHRo ZWlyIHByb2 R1Y3RzLjxi cj44LiBQdX JzdWluZyBH cm93dGggT3 Bwb3J0dW5p dGllczogTW FnbmEgSW50 ZXJuYXRpb2 5hbCBpcyBh bHdheXMgb2 4gdGhlIGxv b2tvdXQgZm 9yIGdyb3d0 aCBvcHBvcn R1bml0aWVz LCBlaXRoZX IgdGhyb3Vn aCBtZXJnZX JzIGFuZCBh Y3F1aXNpdG lvbnMgb3Ig YnkgZXhwYW 5kaW5nIHRo ZWlyIHByb2 R1Y3QgcG9y dGZvbGlvIH RvIGVudGVy IG5ldyBtYX JrZXRzLg==

AI can present both opportunities and challenges for companies like Magna International, which operates in the automotive products and services sector. The potential threats can manifest in several ways:
1. Substitution: AI technologies could lead to the development of alternative automotive solutions that might reduce the demand for traditional products manufactured by Magna. For example, advancements in electric vehicles (EVs) and autonomous driving technologies could change how vehicles are designed and built, potentially affecting the need for certain components that Magna produces.
2. Disintermediation: As the automotive industry explores direct-to-consumer models, especially with the rise of EV startups, traditional supply chain dynamics may shift. Companies like Magna that have historically relied on established relationships with automakers may find themselves bypassed in favor of new entrants who leverage AI to streamline production or offer innovative features.
3. Margin Pressure: The integration of AI into manufacturing processes can lead to increased efficiency and cost reduction for competitors. If competing firms successfully adopt AI technologies to enhance their operational efficiency, they might be able to offer lower prices or higher-quality products, putting pressure on Magna’s profit margins.
In summary, while AI presents significant growth opportunities, it also poses potential threats to Magna International through substitution, disintermediation, and margin pressure. Adapting to these changes will be crucial for maintaining a competitive edge in the evolving automotive landscape.

The sensitivity of Magna International’s earnings, cash flow, and valuation to changes in interest rates can be analyzed through several key factors:
1. Cost of Capital: Changes in interest rates directly affect the company’s cost of debt. As interest rates rise, borrowing costs increase, which can lead to higher interest expenses. This reduction in net earnings could negatively impact profitability.
2. Consumer Financing: Magna operates in the automotive industry, where consumer financing plays a crucial role in vehicle sales. Higher interest rates can deter consumers from financing vehicle purchases, potentially leading to decreased demand and lower sales for Magna’s products, impacting revenue and cash flow.
3. Investment Decisions: Higher interest rates can affect Magna’s capital expenditure decisions. If the cost of financing new projects increases, the company may delay or scale back investments in new technologies, plants, or product lines, which could impact long-term growth and cash flow generation.
4. Discount Rate for Valuation: The valuation of Magna, typically derived from discounted cash flow (DCF) models, is sensitive to changes in the discount rate. As interest rates increase, the discount rate applied to future cash flows rises, leading to a lower present value of those cash flows and ultimately a reduced valuation for the company.
5. Economic Cycle Impact: Interest rates often correlate with broader economic conditions. Increased rates can slow down economic growth, affecting the automotive sector’s overall performance. Lower economic activity may lead to reduced demand for vehicles, impacting Magna’s earnings and cash flow.
6. Currency Fluctuations: If Magna operates in different countries, changes in interest rates may also influence currency values, impacting the company’s profitability from foreign operations.
In summary, changes in interest rates can significantly impact Magna International’s earnings, cash flow, and valuation through various channels such as borrowing costs, consumer behavior, investment strategies, and broader economic conditions.

QSByZWFsaX N0aWMgc2Nl bmFyaW8gdG hhdCBjb3Vs ZCBwZXJtYW 5lbnRseSBp bXBhaXIgTW FnbmEgSW50 ZXJuYXRpb2 5hbOKAmXMg ZWNvbm9taW NzIG92ZXIg dGhlIG5leH QgM+KAkzUg eWVhcnMgaX MgYSBzdWJz dGFudGlhbC BhbmQgYWNj ZWxlcmF0ZW QgdHJhbnNp dGlvbiB0b3 dhcmQgZWxl Y3RyaWMgdm VoaWNsZXMg KEVWcyksIG NvdXBsZWQg d2l0aCBzdX BwbHkgY2hh aW4gZGlzcn VwdGlvbnMs IGFnZ3Jlc3 NpdmUgcmVn dWxhdG9yeS BjaGFuZ2Vz LCBvciBhIH NpZ25pZmlj YW50IHNoaW Z0IGluIGNv bnN1bWVyIH ByZWZlcmVu Y2VzLiBBcy BhIG1ham9y IGF1dG9tb3 RpdmUgc3Vw cGxpZXIsIE 1hZ25hIGlz IHBvc2l0aW 9uZWQgdG8g YmVuZWZpdC Bmcm9tIHRo ZSB0cmFuc2 l0aW9uIHRv IEVWcywgYn V0IGlmIHRo ZXkgYXJlIH VuYWJsZSB0 byBhZGFwdC BxdWlja2x5 IGVub3VnaC wgdGhpcyBj b3VsZCBsZW FkIHRvIHNl dmVyZSBjb2 1wZXRpdGl2 ZSBkaXNhZH ZhbnRhZ2Vz Ljxicj5Jbi B0aGlzIHNj ZW5hcmlvLC BzZXZlcmFs IGZhY3Rvcn Mgd291bGQg Y29tZSBpbn RvIHBsYXk6 PGJyPjEuID xzdHJvbmc+ SW5jcmVhc2 VkIENvbXBl dGl0aW9uIG luIEVWIE1h cmtldDwvc3 Ryb25nPjog SWYgTWFnbm Egc3RydWdn bGVzIHRvIH Bpdm90IGl0 cyBwcm9kdW N0IG9mZmVy aW5ncyB0b3 dhcmQgZWxl Y3RyaWMgdm VoaWNsZSBj b21wb25lbn RzLCBpdCBj b3VsZCBsb3 NlIHNpZ25p ZmljYW50IG 1hcmtldCBz aGFyZSB0by Btb3JlIGFn aWxlIGNvbX BldGl0b3Jz IHdobyBzcG VjaWFsaXpl IGluIEVWIH RlY2hub2xv Z2llcy4gQ2 9tcGFuaWVz IHRoYXQgY2 FuIHF1aWNr bHkgaW5ub3 ZhdGUgYW5k IG9mZmVyIG V4cGFuZGVk IHByb2R1Y3 QgbGluZXMg Zm9yIGVsZW N0cmljIGRy aXZldHJhaW 5zLCBiYXR0 ZXJ5IHN5c3 RlbXMsIGFu ZCBsaWdodH dlaWdodCBt YXRlcmlhbH Mgd2lsbCBj YXB0dXJlIG EgbGFyZ2Vy IHNoYXJlIG 9mIHRoZSBt YXJrZXQuPG JyPjIuIDxz dHJvbmc+Um VndWxhdG9y eSBQcmVzc3 VyZXM8L3N0 cm9uZz46IF N0cmljdGVy IGVtaXNzaW 9ucyByZWd1 bGF0aW9ucy BhbmQgZ292 ZXJubWVudC BtYW5kYXRl cyBmb3IgZW xlY3RyaWMg dmVoaWNsZS Bwcm9kdWN0 aW9uIGNvdW xkIHJlc3Vs dCBpbiBpbm NyZWFzZWQg Y29zdHMgb2 YgY29tcGxp YW5jZSBhbm QgdGhlIG5l ZWQgdG8gaW 52ZXN0IGhl YXZpbHkgaW 4gbmV3IHRl Y2hub2xvZ2 llcy4gSWYg TWFnbmEgZm FpbHMgdG8g a2VlcCBwYW NlIHdpdGgg dGhlc2UgY2 hhbmdlcywg cmVndWxhdG 9yeSBmaW5l cyBhbmQgYW RkaXRpb25h bCBjb3N0cy Bjb3VsZCBl cm9kZSBpdH MgbWFyZ2lu cy48YnI+My 4gPHN0cm9u Zz5TdXBwbH kgQ2hhaW4g Q2hhbGxlbm dlczwvc3Ry b25nPjogUH JvbG9uZ2Vk IGRpc3J1cH Rpb25zIGlu IHRoZSBzdX BwbHkgY2hh aW4gZHVlIH RvIGdlb3Bv bGl0aWNhbC B0ZW5zaW9u cyBvciBuYX R1cmFsIGRp c2FzdGVycy Bjb3VsZCBs ZWFkIHRvIG luY3JlYXNl ZCBjb3N0cy Bmb3IgcmF3 IG1hdGVyaW FscyBhbmQg Y29tcG9uZW 50cy4gSWYg TWFnbmEgY2 Fubm90IGVm ZmVjdGl2ZW x5IG1hbmFn ZSBpdHMgc3 VwcGx5IGNo YWluIG9yIG 1pdGlnYXRl IHRoZXNlIH Jpc2tzLCBp dHMgcHJvZH VjdGlvbiBh bmQgZGVsaX Zlcnkgc2No ZWR1bGVzIG 1heSBiZSBj b21wcm9taX NlZCwgZnVy dGhlciBpbX BhY3Rpbmcg cHJvZml0YW JpbGl0eS48 YnI+NC4gPH N0cm9uZz5E ZWNsaW5pbm cgRGVtYW5k IGZvciBUcm FkaXRpb25h bCBDb21wb2 5lbnRzPC9z dHJvbmc+Oi BJZiB0aGVy ZSBpcyBhIH JhcGlkIGRl Y2xpbmUgaW 4gZGVtYW5k IGZvciB0cm FkaXRpb25h bCBhdXRvbW 90aXZlIHBh cnRzIGFzIG NvbnN1bWVy cyBzaGlmdC B0b3dhcmQg RVZzLCBNYW duYSBtYXkg ZmFjZSBleG Nlc3MgY2Fw YWNpdHkgYW 5kIHVuZGVy dXRpbGl6ZW QgcmVzb3Vy Y2VzIGluIG l0cyBtYW51 ZmFjdHVyaW 5nIHBsYW50 cy4gVGhpcy BkZWNsaW5l IGNvdWxkIG xlYWQgdG8g c2lnbmlmaW NhbnQgd3Jp dGUtZG93bn Mgb3IgaW1w YWlybWVudH Mgb24gYXNz ZXRzLjxicj 5JZiB0aGlz IHNjZW5hcm lvIHdlcmUg dG8gcGxheS BvdXQsIE1h Z25h4oCZcy BmaW5hbmNp YWwgbWV0cm ljcyBjb3Vs ZCBiZSBpbX BhY3RlZCBz aWduaWZpY2 FudGx5IGFz IGZvbGxvd3 M6PGJyPi0g PHN0cm9uZz 5NYXJnaW5z PC9zdHJvbm c+OiBHcm9z cyBhbmQgb3 BlcmF0aW5n IG1hcmdpbn Mgd291bGQg bGlrZWx5IG RlY2xpbmUg YXMgY29tcG V0aW5nIHdp dGggZGVkaW NhdGVkIEVW IG1hbnVmYW N0dXJlcnMg d291bGQgaW 52b2x2ZSBo aWdoZXIgb3 BlcmF0aW9u YWwgY29zdH MgYW5kIGRl Y3JlYXNlZC BwcmljaW5n IHBvd2VyLi BDb250aW51 ZWQgaW52ZX N0bWVudCBp biByZXNlYX JjaCBhbmQg ZGV2ZWxvcG 1lbnQgZm9y IG5ldyB0ZW Nobm9sb2dp ZXMgd2l0aG 91dCBpbW1l ZGlhdGUgcm V2ZW51ZSBy ZXR1cm5zIH dvdWxkIGZ1 cnRoZXIgY2 9tcHJlc3Mg bWFyZ2lucy 48YnI+LSA8 c3Ryb25nPk Nhc2ggRmxv dzwvc3Ryb2 5nPjogT3Bl cmF0aW5nIG Nhc2ggZmxv dyBjb3VsZC BiZWNvbWUg Y29uc3RyYW luZWQgZHVl IHRvIGRlY2 xpbmluZyBz YWxlcyB2b2 x1bWVzIGFu ZCBpbmNyZW FzZWQgY2Fw aXRhbCBleH BlbmRpdHVy ZXMgcmVxdW lyZWQgZm9y IHRyYW5zaX Rpb25pbmcg dG8gRVYgY2 9tcG9uZW50 cy4gSW4gYS B3b3JzdC1j YXNlIHNjZW 5hcmlvLCBm cmVlIGNhc2 ggZmxvdyBj b3VsZCB0dX JuIG5lZ2F0 aXZlLCBtYW tpbmcgaXQg Y2hhbGxlbm dpbmcgdG8g ZnVuZCBkaX ZpZGVuZHMg b3IgcmVwYX kgZGVidC48 YnI+LSA8c3 Ryb25nPkJh bGFuY2UgU2 hlZXQ8L3N0 cm9uZz46IF RoZSBiYWxh bmNlIHNoZW V0IGNvdWxk IHNob3cgc2 lnbnMgb2Yg d2Vha25lc3 MsIHBhcnRp Y3VsYXJseS BpZiBNYWdu YSBpcyBmb3 JjZWQgdG8g dGFrZSBvbi BhZGRpdGlv bmFsIGRlYn QgdG8gZmlu YW5jZSB0aG Ugc2hpZnRz IGluIHByb2 R1Y3Rpb24g b3IgdGVjaG 5vbG9neSBp bnZlc3RtZW 50cy4gV2l0 aCBkZWNsaW 5pbmcgcmV2 ZW51ZXMgYW 5kIG1hcmdp bnMsIHRoZS BkZWJ0LXRv LWVxdWl0eS ByYXRpbyBj b3VsZCBpbm NyZWFzZSwg cmFpc2luZy Bjb25jZXJu cyBmb3IgaW 52ZXN0b3Jz IGFuZCBzdG FrZWhvbGRl cnMgYWJvdX QgZmluYW5j aWFsIHN0YW JpbGl0eS48 YnI+T3Zlcm FsbCwgZmFp bHVyZSB0by BlZmZlY3Rp dmVseSBuYX ZpZ2F0ZSB0 aGUgdHJhbn NpdGlvbiB0 byBlbGVjdH JpYyB2ZWhp Y2xlcywgYW xvbmdzaWRl IG1hbmFnaW 5nIHN1cHBs eSBjaGFpbi ByaXNrcyBh bmQgcmVndW xhdG9yeSBj aGFsbGVuZ2 VzLCBjb3Vs ZCByZXN1bH QgaW4gYSBm dW5kYW1lbn RhbCBzaGlm dCBpbiBNYW duYSBJbnRl cm5hdGlvbm Fs4oCZcyBl Y29ub21pYy BvdXRsb29r LCBsZWFkaW 5nIHRvIHJl ZHVjZWQgcH JvZml0YWJp bGl0eSwgY2 FzaCBmbG93 IGlzc3Vlcy wgYW5kIGEg c3RyYWluZW QgYmFsYW5j ZSBzaGVldC 48YnI+

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 bG9nb3MvZ1 BmR3FzTVlh cUZWT0R5VG Z2VU8ud2Vi cCIgYWx0PS JNYWduYSBJ bnRlcm5hdG lvbmFsIiB0 aXRsZT0iTW FnbmEgSW50 ZXJuYXRpb2 5hbCIgIGNs YXNzPSJpbW ctZmx1aWQi IGhlaWdodD 01MCB3aWR0 aD01MCBsb2 FkaW5nPSds YXp5JyBzdH lsZT0nYm9y ZGVyLXJhZG l1czogNnB4 Oyc+CgogIC AgICAgICAg ICAgICAgIC AgIDxkaXYg c3R5bGU9J2 ZsZXg6IDE7 IHRleHQtYW xpZ246IGNl bnRlcjsgbW FyZ2luLWxl ZnQ6IDVweD snPgogICAg ICAgICAgIC AgICAgICAg ICAgICA8cC BzdHlsZT0n Zm9udC1zaX plOiAyNnB4 OyBjb2xvcj ogIzMzMzsg bWFyZ2luLW JvdHRvbTog MTVweDsnPg ogICAgICAg ICAgICAgIC AgICAgICAg ICAgICAg8J +TiCBXYW50 IHRvIHJlYW QgbW9yZSBh Ym91dCBNYW duYSBJbnRl cm5hdGlvbm FsPwogICAg ICAgICAgIC AgICAgICAg ICAgICA8L3 A+CgogICAg ICAgICAgIC AgICAgICAg ICAgICA8YS BocmVmPSdp bmRleC5waH A/cGFnZT1z aWdudXAnIH N0eWxlPScK ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgIGJh Y2tncm91bm QtY29sb3I6 ICMwMDdCRk Y7CiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC Bjb2xvcjog I2ZmZjsKIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIHBhZG Rpbmc6IDEw cHggMjBweD sKICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIG JvcmRlci1y YWRpdXM6ID VweDsKICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgIHRleHQt ZGVjb3JhdG lvbjogbm9u ZTsKICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg IGZvbnQtd2 VpZ2h0OiBi b2xkOwogIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgbWFyZ2 luLXJpZ2h0 OiAxMHB4Ow ogICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgdH JhbnNpdGlv bjogYmFja2 dyb3VuZC1j b2xvciAwLj NzIGVhc2U7 JwogICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg b25tb3VzZW 92ZXI9J3Ro aXMuc3R5bG UuYmFja2dy b3VuZENvbG 9yPSIjMDA1 NmIzIicKIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIG9ubW 91c2VvdXQ9 J3RoaXMuc3 R5bGUuYmFj a2dyb3VuZE NvbG9yPSIj MDA3QkZGIi c+CiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC BTaWduIHVw IGZvciBmcm VlCiAgICAg ICAgICAgIC AgICAgICAg ICAgIDwvYT 4KCiAgICAg ICAgICAgIC AgICAgICAg ICAgIDxzcG FuIHN0eWxl PSdtYXJnaW 46IDAgOHB4 OyBjb2xvcj ogIzU1NTsn Pm9yPC9zcG FuPgoKICAg ICAgICAgIC AgICAgICAg ICAgICAgPG EgaHJlZj0n aW5kZXgucG hwP3BhZ2U9 bG9naW4nIH N0eWxlPScK ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgIGNv bG9yOiAjMD A3QkZGOwog ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgdGV4 dC1kZWNvcm F0aW9uOiB1 bmRlcmxpbm U7CiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC Bmb250LXdl aWdodDogNT AwOyc+CiAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgICBsb2cg aW4KICAgIC AgICAgICAg ICAgICAgIC AgICAgPC9h PgoKCiAgIC AgICAgICAg ICAgICAgIC AgICAgIDxw IHN0eWxlPS dtYXJnaW4t dG9wOiAxNX B4OyBmb250 LXNpemU6ID EzcHg7IGZv bnQtd2VpZ2 h0OiBib2xk OyBjb2xvcj ogI2QzMmYy ZjsnPgogIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAg8J+agC BEb27igJl0 IG1pc3MgPG k+IlRoZSBD aGVja2xpc3 QgVmFsdWUg SW52ZXN0b3 Ig4oCUIEEg U21hcnRlci BXYXkgdG8g UGljayBTdG 9ja3MiPC9p PiDigJQgZn JlZSEKICAg ICAgICAgIC AgICAgICAg ICAgICAgPC 9wPgoKICAg ICAgICAgIC AgICAgICAg ICAgICAgPC EtLQogICAg ICAgICAgIC AgICAgICAg ICAgICA8ZG l2IHN0eWxl PSdtYXJnaW 4tdG9wOiAx MnB4OyBmb2 50LXNpemU6 IDEzcHg7IG NvbG9yOiAj NDQ0Oyc+Ci AgICAgICAg ICAgICAgIC AgICAgICAg ICAgICBTaW duIHVwIG5v dyBhbmQgZ2 V0IG91ciBm cmVlIGVCb2 9rIAogICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgPGI+VGhl IENoZWNrbG lzdCBWYWx1 ZSBJbnZlc3 RvciDigJQg QSBTbWFydG VyIFdheSB0 byBQaWNrIF N0b2Nrczwv Yj4KICAgIC AgICAgICAg ICAgICAgIC AgICAgPC9k aXY+CiAgIC AgICAgICAg ICAgICAgIC AgICAgIC0t PgogICAgIC AgICAgICAg ICAgICAgIC AgICA8IS0t CiAgICAgIC AgICAgICAg ICAgICAgIC AgIDxkaXYg c3R5bGU9J2 1hcmdpbi10 b3A6IDE2cH g7IGZvbnQt c2l6ZTogMT RweDsgY29s b3I6ICM0ND Q7IGZvbnQt ZmFtaWx5Oi AtYXBwbGUt c3lzdGVtLC BCbGlua01h Y1N5c3RlbU ZvbnQsIFNl Z29lIFVJLC BSb2JvdG8s IEhlbHZldG ljYSBOZXVl LCBzYW5zLX NlcmlmOyBs aW5lLWhlaW dodDogMS42 Oyc+CiAgIC AgICAgICAg ICAgICAgIC AgICAgICAg ICBIYXZlIH lvdSBoZWFy ZCBhYm91dC BvdXIgc2hv cnQgPHN0cm 9uZyBzdHls ZT0nZm9udC 13ZWlnaHQ6 IDYwMDsnPk RhaWx5IFZp ZGVvIE5ld3 NsZXR0ZXI8 L3N0cm9uZz 4/CiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC A8YSBocmVm PSdodHRwcz ovL3d3dy5p bnNpZ2h0Zn VsdmFsdWUu Y29tL25ld3 NsZXR0ZXIu cGhwJyB0YX JnZXQ9J19i bGFuaycgc3 R5bGU9J2Nv bG9yOiAjMD A3QkZGOyB0 ZXh0LWRlY2 9yYXRpb246 IG5vbmU7IG ZvbnQtd2Vp Z2h0OiA1MD A7IG1hcmdp bi1sZWZ0Oi A2cHg7Jz4K ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg ICBGaW5kIG 91dCBtb3Jl CiAgICAgIC AgICAgICAg ICAgICAgIC AgICAgICA8 L2E+CiAgIC AgICAgICAg ICAgICAgIC AgICAgIDwv ZGl2PgogIC AgICAgICAg ICAgICAgIC AgICAgICAt LT4KICAgIC AgICAgICAg ICAgICAgIC A8L2Rpdj4K ICAgICAgIC AgICAgICAg IDwvZGl2Pg ogICAgICAg ICAgICA8L2 Rpdj4KICAg ICAgICAgIC AgCiAgICAg ICAgCiAgIC AgICAgPHNw YW4gY2xhc3 M9J2JsdXJy ZWQtdGV4dC c+CiAgICAg ICAgICAgIE 1TNGdUV0Zu Ym0gRWdTVz UwWlhKdSBZ WFJwYjI1aG JDIEJwY3lC aElFTmggYm 1Ga2FXRnVJ RyAxMWJIUn BibUYwIGFX OXVZV3dnWV ggVjBiMjF2 ZEdsMiBaU0 J6ZFhCd2JH IGxsY2lCaV lYTmwgWkNC cGJpQkJkWC BKdmNtRXNJ RTl1IGRHRn lhVzh1SUUg bDBJR2x6SU hSbyBaU0Iw YUdseVpDID FzWVhKblpY TjAgSUdGMW RHOXRiMyBS cGRtVWdjM1 Z3IGNHeHBa WElnYVcgNG dkR2hsSUhk diBjbXhrSU dKNUlIIEps ZG1WdWRXVX MgSUhkcGRH Z2diMyBabG NpQXpOVEFn IGJXRnVkV1 poWTMgUjFj bWx1WnlCdi BjR1Z5WVhS cGIyIDV6SU dGdVpDQXgg TURBZ2NISn ZaSCBWamRD QmtaWFpsIG JHOXdiV1Z1 ZEMgd2daVz VuYVc1bCBa WEpwYm1jc0 lHIEZ1WkNC ellXeGwgY3 lCalpXNTBa WCBKeklHbH VJREk0IElH TnZkVzUwY2 0gbGxjeTQ4 WW5JKyBNaT RnVkdobElH IE52YlhCaG Jua2cgZDJG eklHWnZkVy A1a1pXUWdh VzRnIE1Uaz FOeUJpZVMg QkdjbUZ1YX lCVCBkSEp2 Ym1GamFDIE JoY3lCTllX ZHUgWVNCRm JHVmpkSCBK dmJtbGpjeX dnIFlTQnpi V0ZzYkMgQj BiMjlzSUdG dSBaQ0JrYV dVZ1kyIDl0 Y0dGdWVTNG cgVkdobElH NWhiVyBVZ1 RXRm5ibUVn IFkyOXRaWE 1nWm4gSnZi U0IwYUdVZy BUR0YwYVc0 Z2QyIDl5Wk NCbWIzSWcg WjNKbFlYUW diMyBJZ2Mz VndaWEpwIG IzSXVQR0p5 UGogTXVJRW x1SUhSbyBa U0JsWVhKc2 VTIEI1WldG eWN5d2cgVF dGbmJtSGln SiBseklHMW hhVzRnIGNI SnZaSFZqZE ggTWdkMlZ5 WlNCdCBaWF JoYkNCemRH IEZ0Y0dsdV ozTXMgSUdG emMyVnRZbS B4cFpYTXNJ R0Z1IFpDQj BiMjlzYVcg NW5JR1p2Y2 lCMCBhR1Vn WVhWMGIyID F2ZEdsMlpT QnAgYm1SMW MzUnllUyA0 Z1ZHOWtZWG tzIElIUm9a U0JqYjIgMX dZVzU1NG9D WiBjeUJ3Y2 05a2RXIE4w SUhKaGJtZG wgSUdsdVky eDFaRyBWek lHSnZaSGtz IElHTm9ZWE 56YVggTXNJ R0Z1WkNCbC BibWRwYm1V Z2MzIGx6ZE dWdGN5d2cg WVhNZ2QyVn NiQyBCaGN5 QnpaV0YwIG FXNW5JSE41 YzMgUmxiWE 1zSUdWcyBa V04wY205dW FXIE56TENC dGFYSnkgYj NKekxDQmhi bSBRZ1pYaD BaWEpwIGIz SWdjM2x6ZE cgVnRjeTQ4 WW5JKyBOQz RnVFdGbmJt IEVnYUdGek lHRWcgZFc1 cGNYVmxJRy BKMWMybHVa WE56IElHMX ZaR1ZzSUgg Um9ZWFFnWV d4cyBiM2R6 SUdsMElIIF J2SUhkdmNt c2cgZDJsMG FDQnRkVyB4 MGFYQnNaU0 JoIGRYUnZi V0ZyWlggSn pMQ0J5WVhS byBaWElnZE doaGJpIEJp WldsdVp5Qj AgYVdWa0lI UnZJRyBFZ2 MybHVaMnhs IElHTjFjM1 J2YlcgVnlM aUJVYUdsei BJR2hoY3lC b1pXIHh3Wl dRZ2RHaGwg SUdOdmJYQm hibiBrZ1lt VmpiMjFsIE lHRWdiV0Zx YjMgSWdjR3 hoZVdWeSBJ R2x1SUhSb1 pTIEJuYkc5 aVlXd2cgWV hWMGIyMXZk RyBsMlpTQn BibVIxIGMz UnllUzQ4WW 4gSStOUzRn VkdobCBJR0 52YlhCaGJu IG5pZ0psek lHWnAgY25O MElHMWhhbS A5eUlHTnZi blJ5IFlXTj BJSGRoY3kg QjNhWFJvSU VkbCBibVZ5 WVd3Z1RXID kwYjNKeklH bHUgSUhSb1 pTQnNZWCBS bElERTVOak J6IExDQndj bTlrZFcgTn BibWNnWlho MCBaWEpwYj NJZ2RIIEpw YlNCamIyMX cgYjI1bGJu UnpMaSBCVW FHbHpJSEJo IGNuUnVaWE p6YUcgbHdJ R2hsYkhCbC BaQ0JOWVdk dVlTIEJsZU hCaGJtUWcg YVhSeklHOX daWCBKaGRH bHZibk1nIF lXNWtJR05o Y0cgRmlhV3 hwZEdsbCBj eTQ4WW5JK0 5pIDRnVFdG bmJtRWcgWW 1WallXMWxJ RyBFZ2NIVm liR2xqIGJI a2dkSEpoWk cgVmtJR052 YlhCaCBibm tnYVc0Z01U IGszTVNCaG JtUWcgYUdG eklHSmxaVy A0Z2JHbHpk R1ZrIElHOX VJSFJvWlMg Qk9aWGNnV1 c5eSBheUJU ZEc5amF5IE JGZUdOb1lX NW4gWlNCaG JtUWdWRyA5 eWIyNTBieU JUIGRHOWph eUJGZUcgTm 9ZVzVuWlNC eiBhVzVqWl NBeE9UIGsw TGp4aWNqND MgTGlCSmJp QXhPVCBrME xDQk5ZV2R1 IFlTQmlaV0 5oYlcgVWdk R2hsSUdacC Bjbk4wSUdG MWRHIDhnY0 dGeWRITWcg YzNWd2NHeH BaWCBJZ2RH OGdjbVZqIF pXbDJaU0Iw YUcgVWdjSE psYzNScCBa Mmx2ZFhNZ1 JHIFZ0YVc1 bklGQnkgYV hwbElHWnZj aSBCcGRITW dZMjl0IGJX bDBiV1Z1ZE MgQjBieUJ4 ZFdGcyBhWF I1SUcxaGJt IEZuWlcxbG JuUXUgUEdK eVBqZ3VJRi BSb1pTQmpi MjF3IFlXNT U0b0NaY3kg Qm1iM1Z1Wk dWeSBMQ0JH Y21GdWF5IE JUZEhKdmJt RmogYUN3Z2 FYTWdZUyBC elpXeG1MVz FoIFpHVWdZ bWxzYkcgbH ZibUZwY21V ZyBZVzVrSU c5dVpTIEJ2 WmlCRFlXNW ggWkdIaWdK bHpJSCBkbF lXeDBhR2xs IGMzUWdhVz VrYVggWnBa SFZoYkhNdS BJRWhsSUhO MFpYIEJ3Wl dRZ1pHOTMg YmlCaGN5Qm phRyBGcGNt MWhiaUJwIG JpQXlNREV3 TEMgQmhibV FnYUdseiBJ R1JoZFdkb2 RHIFZ5TENC Q1pXeHAgYm 1SaElGTjBj bSA5dVlXTm 9MQ0JoIGMz TjFiV1ZrSU ggUm9aU0J5 YjJ4bCBMan hpY2o0NUxp IEJKYmlCeV pXTmwgYm5R Z2VXVmhjbi BNc0lFMWha MjVoIElHaG hjeUJtYjIg TjFjMlZrSU c5dSBJR1Js ZG1Wc2IzIE JwYm1jZ2RH VmogYUc1dm JHOW5hVyBW eklHWnZjaU JsIGJHVmpk SEpwWXkgQm hibVFnWVhW MCBiMjV2Yl c5MWN5IEIy WldocFkyeG wgY3k0Z1NX NGdNaiBBeE 9Dd2dkR2hs IElHTnZiWE JoYm4ga2di R0YxYm1Oby BaV1FnWVNC cWIyIGx1ZE NCMlpXNTAg ZFhKbElIZH BkRyBnZ1Ey aHBibVZ6IF pTQmpiMjF3 WVcgNTVJRU pCU1VNZyBk RzhnY0hKdm RtIGxrWlNC aFpIWmggYm 1ObFpDQmxi RyBWamRISn BZeUJrIGNt bDJaWFJ5WV cgbHVJSE41 YzNSbCBiWE 1nZEc4Z1lY IFYwYjIxaG EyVnkgY3lC cGJpQkRhRy BsdVlTNDhZ bkkrIE1UQX VJRTFoWjIg NWhJR2hoY3 lCaCBJSE4w Y205dVp5IE JqYjIxdGFY UnQgWlc1ME lIUnZJSCBO MWMzUmhhVz VoIFltbHNh WFI1SUcgRn VaQ0JvWVhN ZyBZbVZsYm lCeVpXIE52 WjI1cGVtVm sgSUdadmNp QnBkSCBNZ1 pXWm1iM0ow IGN5d2dhVz VqYkggVmth VzVuSUdKbC BhVzVuSUc1 aGJXIFZrSU c5dVpTQnYg WmlCRFlXNW haRyBIaWdK bHpJRWR5IF pXVnVaWE4w SUUgVnRjR3 h2ZVdWeSBj eUJtYjNJZ2 MyIGw0SUdO dmJuTmwgWT NWMGFYWmxJ SCBsbFlYSn pMaUJVIGFH VWdZMjl0Y0 cgRnVlU0Jv WVhNZyBjMl YwSUdGdFlt IGwwYVc5MW N5QjAgWVhK blpYUnpJSC BSdklISmxa SFZqIFpTQm pZWEppYjIg NGdaVzFwYz NOcCBiMjV6 TENCcGJtIE 55WldGelpT QjAgYUdVZ2 RYTmxJRyA5 bUlITjFjM1 JoIGFXNWhZ bXhsSUcgMW hkR1Z5YVdG cyBjeXdnWV c1a0lHIGx0 Y0hKdmRtVW cgYzNWd2NH eDVJRyBOb1 lXbHVJSFJ5 IFlXNXpjR0 Z5WlcgNWpl UzQ9CiAgIC AgICAgPC9z cGFuPgogIC AgICAgIAog ICAgICAgIA ==