Assa Abloy

Live  

mobile application:
The Assa Abloy mobile application is a tool that can be downloaded on smartphones and tablets to provide users with information about Assa Abloy products and services.
Features:
1. Product information: The app provides detailed information about Assa Abloy products, including specifications, features, and images.
2. Service information: Users can access information about Assa Abloy services and solutions, such as installation, maintenance, and support.
3. How-to guides: The app includes step-by-step guides for using and installing Assa Abloy products, making it easier for users to handle the products themselves.
4. Dealer locator: Users can find the nearest Assa Abloy dealers by using the app's dealer locator feature.
5. News and updates: The app provides the latest news and updates from Assa Abloy, keeping users informed about the company's developments and new products.
6. Barcode scanner: The app includes a barcode scanner feature that allows users to scan Assa Abloy product barcodes to access product information.
7. Push notifications: Users can enable push notifications to receive important updates and alerts from Assa Abloy.
8. Contact information: The app provides contact details for Assa Abloy customer support, making it easy for users to reach out for assistance or inquiries.
9. Multi-language support: The app supports multiple languages, making it accessible to a broader user base.
How to use the Assa Abloy mobile application:
1. Find the app: The Assa Abloy mobile application can be found in the App Store for iOS devices or in the Google Play Store for Android devices.
2. Download and install: Click on the "Install" or "Get" button to download and install the app on your device.
3. Launch the app: Once the app is installed, click on the app icon to launch it.
4. Explore the features: Once the app is open, you can start exploring the various features, such as product information, services, how-to guides, and more.
5. Customize your settings: You can customize your settings, such as language preference and push notifications, by accessing the settings menu in the app.
6. Scan barcodes: Use the barcode scanner feature by pointing your device's camera at an Assa Abloy product's barcode to access information about the product.
7. Contact support: If you need assistance or have any inquiries, you can easily contact Assa Abloy customer support through the app.
8. Stay updated: Keep yourself up to date with the latest news and updates from Assa Abloy by checking the "News" section in the app.
9. Find dealers: Use the dealer locator feature to find the nearest Assa Abloy dealers in your area.
10. Log out: Once you are done using the app, remember to log out to ensure the security of your information.
Overall, the Assa Abloy mobile application is a helpful tool for users who want to learn more about Assa Abloy products and services, find dealers, and stay informed about the company's latest developments.

Assa Abloy is a company that makes things that help keep buildings and homes safe. They create locks, doors, and security systems. Think of it like this: just like you have a key to your house to keep it safe, Assa Abloy makes special locks that people use to protect their homes, schools, and businesses.
Assa Abloy makes money by selling these locks and security products to stores, builders, and people who want to make sure their places are secure. They also provide services to help install and maintain these locks and security systems, which adds to their earnings.
The company is successful for a few reasons. First, security is something that everyone needs, and as long as there are homes and buildings, there will always be a need for locks. Second, they keep coming up with new ideas and technology to make their products better, like smart locks that can connect to your phone. This means they stay ahead of other companies. Finally, Assa Abloy operates in many countries around the world, which means they have lots of customers to sell to.
In the future, they will likely continue to be successful because people will always care about safety. As technology gets better, there will be more opportunities for companies like Assa Abloy to create new products that make our lives easier and safer.

MS4gR2xvYm FsIExlYWRl ciBpbiBTZW N1cml0eSBT b2x1dGlvbn M6IEFzc2Eg QWJsb3kgaX MgdGhlIHdv cmxkJ3MgbG VhZGluZyBw cm92aWRlci BvZiBkb29y IG9wZW5pbm cgc29sdXRp b25zLCB3aX RoIGEgcHJl c2VuY2UgaW 4gbW9yZSB0 aGFuIDcwIG NvdW50cmll cyBhbmQgc2 FsZXMgcmVh Y2hpbmcgb3 ZlciA0OCBi aWxsaW9uIF N3ZWRpc2gg a3Jvbm9yIG luIDIwMTku IFRoZSBjb2 1wYW55IHBy b3ZpZGVzIG lubm92YXRp dmUgYW5kIH RlY2hub2xv Z2ljYWxseS BhZHZhbmNl ZCBzZWN1cm l0eSBzb2x1 dGlvbnMgZm 9yIGNvbW1l cmNpYWwsIG luZHVzdHJp YWwsIGFuZC ByZXNpZGVu dGlhbCBjdX N0b21lcnMu PGJyPjIuIE RpdmVyc2Ug UHJvZHVjdC BQb3J0Zm9s aW86IEFzc2 EgQWJsb3kg b2ZmZXJzIG EgZGl2ZXJz ZSByYW5nZS BvZiBwcm9k dWN0cyBpbm NsdWRpbmcg bWVjaGFuaW NhbCBhbmQg ZWxlY3Ryb2 1lY2hhbmlj YWwgbG9ja3 MsIGFjY2Vz cyBjb250cm 9sIHN5c3Rl bXMsIGVudH JhbmNlIGF1 dG9tYXRpb2 4sIGFuZCBz ZXJ2aWNlIH NvbHV0aW9u cy4gVGhpcy B3aWRlIHBy b2R1Y3QgbG luZSBhbGxv d3MgdGhlIG NvbXBhbnkg dG8gY2F0ZX IgdG8gYSB2 YXJpZXR5IG 9mIGN1c3Rv bWVyIG5lZW RzIGFuZCBw cmVmZXJlbm Nlcy48YnI+ My4gRm9jdX Mgb24gSW5u b3ZhdGlvbj ogQXNzYSBB YmxveSBpcy Bjb21taXR0 ZWQgdG8gaW 5ub3ZhdGlv biBhbmQgaW 52ZXN0cyBo ZWF2aWx5IG luIHJlc2Vh cmNoIGFuZC BkZXZlbG9w bWVudCB0by BzdGF5IGFo ZWFkIGluIH RoZSBzZWN1 cml0eSBpbm R1c3RyeS4g VGhlIGNvbX BhbnkgaGFz IGEgZGVkaW NhdGVkIHRl YW0gb2YgcH JvZmVzc2lv bmFscyB3aG 8gYXJlIGNv bnN0YW50bH kgd29ya2lu ZyB0b3dhcm RzIGRldmVs b3Bpbmcgc2 VjdXJlIGFu ZCBjb252ZW 5pZW50IHNv bHV0aW9ucy B0byBwcm90 ZWN0IHBlb3 BsZSwgcHJv cGVydGllcy wgYW5kIGFz c2V0cy48Yn I+NC4gU3Ry b25nIEJyYW 5kczogVGhl IGNvbXBhbn kgaGFzIGEg cG9ydGZvbG lvIG9mIHN0 cm9uZyBhbm Qgd2VsbC1r bm93biBicm FuZHMsIGlu Y2x1ZGluZy BZYWxlLCBI SUQgR2xvYm FsLCBhbmQg TWVkZWNvLC B3aGljaCBo YXZlIGEgcm VwdXRhdGlv biBmb3IgcX VhbGl0eSwg cmVsaWFiaW xpdHksIGFu ZCBzZWN1cm l0eS4gVGhl c2UgYnJhbm RzIGFyZSB0 cnVzdGVkIG J5IGN1c3Rv bWVycyBhcm 91bmQgdGhl IHdvcmxkIG FuZCBjb250 cmlidXRlIH RvIHRoZSBj b21wYW55J3 Mgc3VjY2Vz cy48YnI+NS 4gU3VzdGFp bmFibGUgUH JhY3RpY2Vz OiBBc3NhIE FibG95IGlz IGNvbW1pdH RlZCB0byBz dXN0YWluYW JsZSBwcmFj dGljZXMgYW 5kIGhhcyBp bXBsZW1lbn RlZCB2YXJp b3VzIGluaX RpYXRpdmVz IHRvIHJlZH VjZSBpdHMg ZW52aXJvbm 1lbnRhbCBp bXBhY3QuIF RoZSBjb21w YW55IGhhcy BhbWJpdGlv dXMgdGFyZ2 V0cyBmb3Ig ZW5lcmd5IG VmZmljaWVu Y3ksIHdhc3 RlIHJlZHVj dGlvbiwgYW 5kIHJlc3Bv bnNpYmxlIH NvdXJjaW5n IG9mIG1hdG VyaWFscy48 YnI+Ni4gQ3 VzdG9tZXIt Q2VudHJpYy BBcHByb2Fj aDogQXNzYS BBYmxveSBw bGFjZXMgYS BzdHJvbmcg ZW1waGFzaX Mgb24gY3Vz dG9tZXIgc2 F0aXNmYWN0 aW9uIGFuZC BzdHJpdmVz IHRvIHVuZG Vyc3RhbmQg YW5kIG1lZX QgdGhlIGV2 b2x2aW5nIG 5lZWRzIG9m IGl0cyBjdX N0b21lcnMu IFRoZSBjb2 1wYW55IG9m ZmVycyBjdX N0b21pemVk IHNvbHV0aW 9ucyBhbmQg aGlnaC1xdW FsaXR5IHNl cnZpY2VzIH RvIGVuc3Vy ZSBjdXN0b2 1lciBzYXRp c2ZhY3Rpb2 4uPGJyPjcu IFN0cm9uZy BNYXJrZXQg UG9zaXRpb2 46IEFzc2Eg QWJsb3kgaG FzIGEgc3Ry b25nIG1hcm tldCBwb3Np dGlvbiBpbi B0aGUgc2Vj dXJpdHkgaW 5kdXN0cnks IGFuZCBpdH MgcHJvZHVj dHMgYXJlIH VzZWQgaW4g YSB3aWRlIH JhbmdlIG9m IHNlY3Rvcn MsIGluY2x1 ZGluZyBjb2 1tZXJjaWFs LCBpbnN0aX R1dGlvbmFs LCBhbmQgcm VzaWRlbnRp YWwuIFRoZS Bjb21wYW55 J3MgZXN0YW JsaXNoZWQg cHJlc2VuY2 UgYW5kIHJl cHV0YXRpb2 4gbWFrZSBp dCBhIHByZW ZlcnJlZCBj aG9pY2UgZm 9yIGN1c3Rv bWVycyBhcm 91bmQgdGhl IHdvcmxkLj xicj44LiBS b2J1c3QgRG lzdHJpYnV0 aW9uIE5ldH dvcms6IEFz c2EgQWJsb3 kgaGFzIGEg c3Ryb25nIG dsb2JhbCBk aXN0cmlidX Rpb24gbmV0 d29yaywgZW 5hYmxpbmcg aXQgdG8gcm VhY2ggY3Vz dG9tZXJzIG luIHZhcmlv dXMgZ2VvZ3 JhcGhpZXMg YW5kIHNlY3 RvcnMuIFRo ZSBjb21wYW 55J3MgZWZm aWNpZW50IH N1cHBseSBj aGFpbiBhbm QgbG9naXN0 aWNzIHN5c3 RlbXMgZW5z dXJlIHRpbW VseSBkZWxp dmVyeSBvZi Bwcm9kdWN0 cyB0byBjdX N0b21lcnMu PGJyPjkuIE NvcnBvcmF0 ZSBTb2NpYW wgUmVzcG9u c2liaWxpdH k6IEFzc2Eg QWJsb3kgaX MgY29tbWl0 dGVkIHRvIG JlaW5nIGEg cmVzcG9uc2 libGUgY29y cG9yYXRlIG NpdGl6ZW4g YW5kIGhhcy B2YXJpb3Vz IGluaXRpYX RpdmVzIGlu IHBsYWNlIH RvIGdpdmUg YmFjayB0by B0aGUgY29t bXVuaXR5Li BUaGUgY29t cGFueSdzIG ZvY3VzIG9u IHNvY2lhbC ByZXNwb25z aWJpbGl0eS BpcyByZWZs ZWN0ZWQgaW 4gaXRzIHN1 cHBvcnQgZm 9yIGVkdWNh dGlvbiwgZG lzYXN0ZXIg cmVsaWVmIG VmZm9ydHMs IGFuZCBvdG hlciBjaGFy aXRhYmxlIG NhdXNlcy48 YnI+MTAuIE VtcGxveWVl IERldmVsb3 BtZW50OiBB c3NhIEFibG 95IHZhbHVl cyBpdHMgZW 1wbG95ZWVz IGFuZCBwcm 92aWRlcyB0 aGVtIHdpdG ggb3Bwb3J0 dW5pdGllcy Bmb3IgZ3Jv d3RoIGFuZC BkZXZlbG9w bWVudC4gVG hlIGNvbXBh bnkgb2ZmZX JzIHRyYWlu aW5nLCBtZW 50b3JzaGlw LCBhbmQgbG VhZGVyc2hp cCBwcm9ncm FtcyB0byBo ZWxwIGVtcG xveWVlcyBy ZWFjaCB0aG VpciBmdWxs IHBvdGVudG lhbC4gVGhp cyBjb21taX RtZW50IHRv IGVtcGxveW VlcyBoYXMg Y29udHJpYn V0ZWQgdG8g dGhlIGNvbX BhbnkncyBz dWNjZXNzIG FzIGFuIGVt cGxveWVyIG 9mIGNob2lj ZS4=

VGhlIEFzc2 EgQWJsb3kg Y29tcGFueS dzIGJ1c2lu ZXNzIG1vZG VsIGlzIGJh c2VkIG9uIH Byb3ZpZGlu ZyBpbm5vdm F0aXZlIGFu ZCBzZWN1cm UgZG9vciBv cGVuaW5nIH NvbHV0aW9u cyBmb3Igcm VzaWRlbnRp YWwsIGNvbW 1lcmNpYWws IGFuZCBpbm R1c3RyaWFs IG1hcmtldH MuIFRoaXMg aW5jbHVkZX MgZGV2ZWxv cGluZyBhbm QgbWFudWZh Y3R1cmluZy BhIHdpZGUg cmFuZ2Ugb2 YgZG9vciBh bmQgbG9jay Bwcm9kdWN0 cyBzdWNoIG FzIG1lY2hh bmljYWwgYW 5kIGRpZ2l0 YWwgbG9ja3 MsIHNlY3Vy aXR5IGRvb3 JzLCBhY2Nl c3MgY29udH JvbCBzeXN0 ZW1zLCBhbm Qgb3RoZXIg cmVsYXRlZC Bwcm9kdWN0 cyBhbmQgc2 VydmljZXMu PGJyPlRoZS Bjb21wYW55 IHByaW1hcm lseSBvcGVy YXRlcyB0aH JvdWdoIHRo cmVlIG1haW 4gc2VnbWVu dHM6IEdsb2 JhbCBUZWNo bm9sb2dpZX MsIEFtZXJp Y2FzLCBhbm QgRW50cmFu Y2UgU3lzdG Vtcy4gVGhl IEdsb2JhbC BUZWNobm9s b2dpZXMgc2 VnbWVudCBm b2N1c2VzIG 9uIGRldmVs b3BpbmcgYW 5kIHByb3Zp ZGluZyBhZH ZhbmNlZCBs b2NraW5nIG FuZCBlbGVj dHJvbmljIH NhZmV0eSBz b2x1dGlvbn MgZm9yIGlu ZHVzdHJpYW wgYW5kIGNv bW1lcmNpYW wgY3VzdG9t ZXJzIHdvcm xkd2lkZS4g VGhlIEFtZX JpY2FzIHNl Z21lbnQgcH JpbWFyaWx5 IHNlbGxzIG 1lY2hhbmlj YWwgYW5kIG VsZWN0cm9u aWMgc2VjdX JpdHkgcHJv ZHVjdHMgaW 4gTm9ydGgg YW5kIFNvdX RoIEFtZXJp Y2EuIFRoZS BFbnRyYW5j ZSBTeXN0ZW 1zIHNlZ21l bnQgcHJvdm lkZXMgcHJv ZHVjdHMgYW 5kIHNlcnZp Y2VzIGZvci BzYWZldHkg YW5kIGNvbn ZlbmllbmNl IGluIGVudH JhbmNlIGFu ZCBleGl0IH BvaW50cywg c3VjaCBhcy BhdXRvbWF0 aWMgZG9vcn MgYW5kIGdh dGVzLjxicj 5Bc3NhIEFi bG95J3MgYn VzaW5lc3Mg bW9kZWwgYW xzbyBpbnZv bHZlcyBhIH N0cm9uZyBm b2N1cyBvbi ByZXNlYXJj aCBhbmQgZG V2ZWxvcG1l bnQsIGNvbG xhYm9yYXRp bmcgd2l0aC BjdXN0b21l cnMgYW5kIH BhcnRuZXJz IHRvIGNyZW F0ZSBpbm5v dmF0aXZlIH Byb2R1Y3Rz LCBhbmQgY2 9udGludWFs bHkgZXhwYW 5kaW5nIGl0 cyBnbG9iYW wgcHJlc2Vu Y2UgdGhyb3 VnaCBzdHJh dGVnaWMgYW NxdWlzaXRp b25zIGFuZC BwYXJ0bmVy c2hpcHMuIF RoZSBjb21w YW55IGFsc2 8gcGxhY2Vz IGEgc3Ryb2 5nIGVtcGhh c2lzIG9uIH N1c3RhaW5h YmlsaXR5LC BpbXBsZW1l bnRpbmcgZW 52aXJvbm1l bnRhbGx5LW ZyaWVuZGx5 IHByYWN0aW NlcyBhbmQg cHJvZHVjdH MgaW4gaXRz IG9wZXJhdG lvbnMu

AI can pose potential threats to Assa Abloy, a company known for its access solutions such as locks, security systems, and related technologies. Here’s a breakdown of how AI might impact the company’s products, services, and competitive positioning:
1. Substitution: AI-enabled security systems, such as smart locks that utilize biometric authentication or facial recognition, could replace traditional locking mechanisms. If AI technology advances and becomes more ubiquitous, consumers may prefer automated security solutions over mechanical locks, leading to a decline in demand for Assa Abloy’s traditional products.
2. Disintermediation: AI could enable new business models that bypass traditional security solutions. For instance, companies leveraging AI for smart home technology might integrate access control directly into their platforms, thus reducing the need for specialized security providers like Assa Abloy. New entrants that use AI could potentially offer more streamlined or cost-effective solutions without the need for established brands.
3. Margin Pressure: As AI technologies become more mainstream and accessible, the costs associated with developing and integrating these technologies into products may decrease. This could lead to increased competition from both established players and new entrants, driving down prices and putting pressure on profit margins for companies like Assa Abloy. Furthermore, if competitors can deliver equal or superior security solutions at a lower cost due to advancements in AI, Assa Abloy’s market position could be threatened.
In conclusion, while AI presents opportunities for innovation in security solutions, it also poses significant challenges that could impact Assa Abloy’s product lines, market position, and profitability. Adapting to these changes will be crucial for the company to maintain its competitive edge.

The sensitivity of Assa Abloy’s earnings, cash flow, and valuation to changes in interest rates can be analyzed through several channels:
1. Cost of Debt: Assa Abloy, like many companies, often has debt financing. If interest rates rise, the cost of servicing this debt increases, which can lead to a reduction in net earnings and cash flow. Conversely, if interest rates fall, the company may benefit from lower interest expenses, thus improving profitability.
2. Investment Decisions: Higher interest rates can lead to higher discount rates used in capital budgeting and valuation models. This would likely reduce the present value of future cash flows, making some investments less attractive. If Assa Abloy has a significant number of projects or expansions planned, rising rates could lead to a reevaluation of these plans.
3. Consumer Spending: The demand for Assa Abloy’s products may be influenced by consumer and business spending, which can be negatively affected by higher interest rates. If rates rise, borrowing costs for consumers and businesses increase, potentially reducing demand for new construction or renovations where Assa Abloy products would be used.
4. Foreign Exchange Rates: Assa Abloy operates in various international markets. Changes in interest rates can affect currency exchange rates, impacting earnings from foreign operations when converted back to the home currency. A stronger home currency due to higher local interest rates may reduce foreign revenue.
5. Market Sentiment and Valuation Multiples: Rising interest rates can lead to a shift in investor sentiment. Higher rates generally result in lower price-to-earnings ratios for many equities, including Assa Abloy, as the opportunity cost of capital rises.
In summary, Assa Abloy’s earnings, cash flow, and valuation are moderately sensitive to changes in interest rates due to factors like increased debt costs, impacts on investment decisions, consumer spending dynamics, foreign exchange rates, and overall market sentiment. The degree of sensitivity can vary based on the company’s specific financial structure, market environment, and the economic context.

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 bG9nb3Mvek V5VEVBeDZy TWdhQVFaZk 4zdWoud2Vi cCIgYWx0PS JBc3NhIEFi bG95IiB0aX RsZT0iQXNz YSBBYmxveS IgIGNsYXNz PSJpbWctZm x1aWQiIGhl aWdodD05MC B3aWR0aD05 MCBsb2FkaW 5nPSdsYXp5 JyBzdHlsZT 0nYm9yZGVy LXJhZGl1cz ogNnB4Oyc+ CgogICAgIC AgICAgICAg ICAgICAgID xkaXYgc3R5 bGU9J2ZsZX g6IDE7IHRl eHQtYWxpZ2 46IGNlbnRl cjsgbWFyZ2 luLWxlZnQ6 IDVweDsnPg ogICAgICAg ICAgICAgIC AgICAgICAg ICA8cCBzdH lsZT0nZm9u dC1zaXplOi AyNnB4OyBj b2xvcjogIz MzMzsgbWFy Z2luLWJvdH RvbTogMTVw eDsnPgogIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAg8J+TiC BXYW50IHRv IHJlYWQgbW 9yZSBhYm91 dCBBc3NhIE FibG95Pwog 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 +ZjCBKb2lu IG5vdyB0by BnZXQgPGk+ IlRoZSBDaG Vja2xpc3Qg VmFsdWUgSW 52ZXN0b3Ig 4oCUIEEgU2 1hcnRlciBX YXkgdG8gUG ljayBTdG9j a3MiPC9pPi BhdCBubyBj b3N0CiAgIC AgICAgICAg ICAgICAgIC AgICAgIDwv cD4KCiAgIC AgICAgICAg ICAgICAgIC AgICAgIDwh LS0KICAgIC AgICAgICAg ICAgICAgIC AgICAgPGRp diBzdHlsZT 0nbWFyZ2lu LXRvcDogMT JweDsgZm9u dC1zaXplOi AxM3B4OyBj b2xvcjogIz Q0NDsnPgog ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgU2ln biB1cCBub3 cgYW5kIGdl dCBvdXIgZn JlZSBlQm9v ayAKICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg IDxiPlRoZS BDaGVja2xp c3QgVmFsdW UgSW52ZXN0 b3Ig4oCUIE EgU21hcnRl ciBXYXkgdG 8gUGljayBT dG9ja3M8L2 I+CiAgICAg ICAgICAgIC AgICAgICAg ICAgIDwvZG l2PgogICAg ICAgICAgIC AgICAgICAg ICAgICAtLT 4KICAgICAg ICAgICAgIC AgICAgICAg ICAgPCEtLQ ogICAgICAg ICAgICAgIC AgICAgICAg ICA8ZGl2IH N0eWxlPSdt YXJnaW4tdG 9wOiAxNnB4 OyBmb250LX NpemU6IDE0 cHg7IGNvbG 9yOiAjNDQ0 OyBmb250LW ZhbWlseTog LWFwcGxlLX N5c3RlbSwg QmxpbmtNYW NTeXN0ZW1G b250LCBTZW dvZSBVSSwg Um9ib3RvLC BIZWx2ZXRp Y2EgTmV1ZS wgc2Fucy1z ZXJpZjsgbG luZS1oZWln aHQ6IDEuNj snPgogICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgSGF2ZSB5 b3UgaGVhcm QgYWJvdXQg b3VyIHNob3 J0IDxzdHJv bmcgc3R5bG U9J2ZvbnQt d2VpZ2h0Oi A2MDA7Jz5E YWlseSBWaW RlbyBOZXdz bGV0dGVyPC 9zdHJvbmc+ PwogICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg PGEgaHJlZj 0naHR0cHM6 Ly93d3cuaW 5zaWdodGZ1 bHZhbHVlLm NvbS9uZXdz bGV0dGVyLn BocCcgdGFy Z2V0PSdfYm xhbmsnIHN0 eWxlPSdjb2 xvcjogIzAw N0JGRjsgdG V4dC1kZWNv cmF0aW9uOi Bub25lOyBm b250LXdlaW dodDogNTAw OyBtYXJnaW 4tbGVmdDog NnB4Oyc+Ci AgICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgRmluZCBv dXQgbW9yZQ ogICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgPC 9hPgogICAg ICAgICAgIC AgICAgICAg ICAgICA8L2 Rpdj4KICAg ICAgICAgIC AgICAgICAg ICAgICAgLS 0+CiAgICAg ICAgICAgIC AgICAgICAg PC9kaXY+Ci AgICAgICAg ICAgICAgIC A8L2Rpdj4K ICAgICAgIC AgICAgPC9k aXY+CiAgIC AgICAgICAg IAogICAgIC AgIAogICAg ICAgIDxzcG FuIGNsYXNz PSdibHVycm VkLXRleHQn PgogICAgIC AgICAgICBN UzRnVkdobE lHIDVoYldV Z1FYTnogWV NCQllteHZl UyBCcGN5Qm hJR052IGJX SnBibUYwYV cgOXVJRzlt SUhSbyBaU0 IwZDI4Z1Uz IGRsWkdsem FDQmogYjIx d1lXNXBaWC BNZ2RHaGhk Q0J0IFpYSm 5aV1FnZEcg OGdabTl5Yl NCMCBhR1Vn WTI5dGNHIE Z1ZVNCcGJp QXggT1RrME xpQkJjMyBO aExDQjNhR2 xqIGFDQjNZ WE1nWm0gOT FibVJsWkNC cCBiaUF4T1 RNNUxDIEJo Ym1RZ1FXSn MgYjNrc0lI ZG9hVyBOb0 lIZGhjeUJt IGIzVnVaR1 ZrSUcgbHVJ REU1TURjcy BJR3B2YVc1 bFpDIEJtYj NKalpYTWcg ZEc4Z1ltVm piMiAxbElI Um9aU0JuIG JHOWlZV3dn YkcgVmhaR1 Z5SUdsdSBJ R1J2YjNJZ2 IzIEJsYm1s dVp5QnogYj J4MWRHbHZi biBNdVBHSn lQakl1IElF RnpjMkVnUV cgSnNiM2tn YUdGeiBJRz kyWlhJZ05E IGNzTURBd0 lHVnQgY0d4 dmVXVmxjeS BCaGJtUWdi M0JsIGNtRj BaWE1nYVcg NGdiVzl5Wl NCMCBhR0Z1 SURjd0lHIE 52ZFc1MGNt bGwgY3lCM2 IzSnNaSCBk cFpHVXVJRl JvIFpYa2dh R0YyWlMgQm hJR04xYzNS diBiV1Z5SU dKaGMyIFVn YjJZZ2IzWm wgY2lBeU1E QXNNRCBBd0 lHRnVaQ0J6 IGRYQndiSG tnY0ggSnZa SFZqZEhNZy BkRzhnYVc1 a2RYIE4wY2 1sbGN5Qnog ZFdOb0lHRn pJRyBOdmJX MWxjbU5wIF lXd3NJSEps YzIgbGtaVz UwYVdGcyBM Q0JoYm1RZ2 FXIDV6ZEds MGRYUnAgYj I1aGJDNDhZ biBJK015NG dWR2hsIElH TnZiWEJoYm 4ga2dhWE1n YTI1diBkMj RnWm05eUlH IGwwY3lCbG VIUmwgYm5O cGRtVWdjRy A5eWRHWnZi R2x2IElHOW 1JR0p5WVcg NWtjeXdnZD JocCBZMmdn YVc1amJIIF ZrWlhNZ2Qy VnMgYkMxcm JtOTNiaSBC dVlXMWxjeU J6IGRXTm9J R0Z6SUYgbG hiR1VzSUVo SiBSQ3dnWV c1a0lFIDEx YkMxVUxVeH YgWTJzdUlF bHVJSCBSdm RHRnNMQ0Iw IGFHVWdZMj l0Y0cgRnVl U0J2Wm1abC Bjbk1nYjNa bGNpIEF4TU RBZ1pHbG0g Wm1WeVpXNT BJRyBKeVlX NWtjeUJoIG JtUWdZWEJ3 Y20gOTRhVz FoZEdWcyBl U0F5TERBd0 1DIEJ3Y205 a2RXTjAgY3 k0OFluSStO QyA0Z1FYTn pZU0JCIFlt eHZlU0JwY3 kgQmhJSEJw YjI1bCBaWE lnYVc0Z2FX IDV1YjNaaG RHbHYgYmlC aGJtUWdhRy BGeklHSmxa VzRnIFkzSm xaR2wwWlcg UWdkMmwwYU NCeiBaWFps Y21Gc0lHIG x1WkhWemRI SjUgSUdacG NuTjBjeSA0 Z1ZHaHBjeU JwIGJtTnNk V1JsY3kgQn BiblJ5YjJS MSBZMmx1Wn lCMGFHIFVn Wm1seWMzUW cgWkdsbmFY UmhiQyBCa2 IyOXlJR3h2 IFkyc3NJSF JvWlMgQm1h WEp6ZENCMy BhWEpsYkdW emN5IEJzYj JOcmFXNW4g SUhONWMzUm xiUyB3Z1lX NWtJSFJvIF pTQm1hWEp6 ZEMgQnJaWG xzWlhOeiBJ R1Z1ZEhKNU lIIE41YzNS bGJTQm0gYj NJZ2FHOTBa VyB4ekxqeG ljajQxIExp QlVhR1VnWT IgOXRjR0Z1 ZVNCcCBjeU JqYjIxdGFY IFIwWldRZ2 RHOGcgYzNW emRHRnBibS BGaWFXeHBk SGtnIFlXNW tJR2hoY3kg QnBiWEJzWl cxbCBiblJs WkNCelpYIF psY21Gc0lH bHUgYVhScF lYUnBkbSBW eklIUnZJSE psIFpIVmpa U0JwZEggTW daVzUyYVhK diBibTFsYm 5SaGJDIEJw YlhCaFkzUX UgSUZSb2FY TWdhVyA1am JIVmtaWE1n IGRYTnBibW NnY20gVnVa WGRoWW14bC BJR1Z1WlhK bmVTIEJ6Yj NWeVkyVnog TENCeVpXUj FZMiBsdVp5 QjNZWE4wIF pTd2dZVzVr SUggQnliMj F2ZEdsdSBa eUJ6ZFhOMF lXIGx1WVdK c1pTQncgY2 1GamRHbGpa WCBNZ2FXNG dhWFJ6IElI TjFjSEJzZV MgQmphR0Zw Ymk0OCBZbk krTmk0Z1FY IE56WVNCQl lteHYgZVNC cGN5QmhiSC BOdklHdHVi M2R1IElHWn ZjaUJwZEgg TWdZMjl0Yl dsMCBiV1Z1 ZENCMGJ5IE J6WVdabGRI a2cgWVc1a0 lITmxZMyBW eWFYUjVMaU JVIGFHVWdZ Mjl0Y0cgRn VlU0J2Wm1a bCBjbk1nWV dSMllXIDVq WldRZ2MyVm ogZFhKcGRI a2djMiA5c2 RYUnBiMjV6 IElHWnZjaU JvYVcgZG9M WEpwYzJzZy BaVzUyYVhK dmJtIDFsYm 5SeklITjEg WTJnZ1lYTW daMiA5MlpY SnViV1Z1IG RDQmlkV2xz WkcgbHVaM0 1zSUdacCBi bUZ1WTJsaG JDIEJwYm5O MGFYUjEgZE dsdmJuTXNJ RyBGdVpDQm hhWEp3IGIz SjBjeTQ4WW 4gSStOeTRn U1c0ZyBZV1 JrYVhScGIy IDRnZEc4Z1 pHOXYgY2lC dmNHVnVhVy A1bklITnZi SFYwIGFXOX VjeXdnUVgg TnpZU0JCWW 14diBlU0Jo YkhOdklIIE J5YjNacFpH VnogSUhOdm JIVjBhVyA5 dWN5Qm1iM0 lnIGMyVmpk WEpsSUggTj BiM0poWjJV cyBJR0ZqWT JWemN5IEJq YjI1MGNtOX MgTENCaGJt UWdiVyA5aW FXeGxJR0Zq IFkyVnpjeT RnVkcgaHBj eUJoYkd4di BkM01nZEdo bElHIE52Yl hCaGJua2cg ZEc4Z2IyWm 1aWCBJZ1lT QmpiMjF3IG JHVjBaU0J6 YjIgeDFkR2 x2YmlCbSBi M0lnWVd4c0 lIIFI1Y0dW eklHOW0gSU hObFkzVnlh WCBSNUlHNW xaV1J6IExq eGljajQ0TG kgQkJjM05o SUVGaSBiRz k1NG9DWmN5 IEJ3Y205a2 RXTjAgY3lC aGNtVWdjRy A5d2RXeGhj aUJwIGJpQn RZVzU1SUcg aHBaMmd0Y0 hKdiBabWxz WlNCaGJtIF FnYVdOdmJt bGogSUdKMW FXeGthVyA1 bmN5QmhjbT kxIGJtUWdk R2hsSUggZH ZjbXhrTENC cCBibU5zZF dScGJtIGNn ZEdobElFVn AgWm1abGJD QlViMyBkbG NpQnBiaUJR IFlYSnBjeX dnZEcgaGxJ RUpsYVdwcC BibWNnVG1G MGFXIDl1WV d3Z1UzUmgg WkdsMWJTQn BiaSBCRGFH bHVZU3dnIF lXNWtJSFJv WlMgQkNkWE pxSUV0byBZ V3hwWm1FZ2 FXIDRnUkhW aVlXa3UgUE dKeVBqa3VJ RiBSb1pTQm piMjF3IFlX NTVJR2hoY3 kgQmhJSE4w Y205dSBaeU JtYjJOMWN5 IEJ2YmlCeV pYTmwgWVhK amFDQmhibS BRZ1pHVjJa V3h2IGNHMW xiblFzSUgg ZHBkR2dnYj NabCBjaUF4 TERZd01DIE JsYlhCc2Iz bGwgWlhNZ1 pHVmthVyBO aGRHVmtJSF J2IElIUm9h WE1nWm4gVn VZM1JwYjI0 dSBJRlJvYV hNZ2FHIEZ6 SUd4bFpDQj AgYnlCdWRX MWxjbSA5MW N5QndZWFJs IGJuUnpJR0 Z1WkMgQnBi bTV2ZG1GMC BhVzl1Y3l3 Z2JXIEZyYV c1bklFRnog YzJFZ1FXSn NiMyBrZ1lT QnNaV0ZrIF pYSWdhVzRn ZEcgaGxJR2 x1WkhWeiBk SEo1TGp4aW NqIDR4TUM0 Z1FYTnogWV NCQllteHZl UyBCb1lYTW djbVZqIFpX bDJaV1FnYm 4gVnRaWEp2 ZFhNZyBZWG RoY21SeklH IEZ1WkNCeV pXTnYgWjI1 cGRHbHZiaS BCbWIzSWdh WFJ6IElIQn liMlIxWTMg UnpMQ0J6Wl hKMiBhV05s Y3l3Z1lXID VrSUhOMWMz UmggYVc1aF ltbHNhWCBS NUlHVm1abT l5IGRITXVJ RlJvYVggTW dhVzVqYkhW ayBaWE1nWW 1WcGJtIGNn Ym1GdFpXUW cgYjI1bElH OW1JSCBSb1 pTRGlnSnhY IGIzSnNaT0 tBbVggTWdU Vzl6ZENCRi BkR2hwWTJG c0lFIE52Yl hCaGJtbGwg YytLQW5TQm llUyBCMGFH VWdSWFJvIG FYTndhR1Z5 WlMgQkpibk 4wYVhSMSBk R1VnWVc1a0 lIIEpsWTJW cGRtbHUgWn lCMGFHVWc0 byBDY1VISn ZaSFZqIGRD QkpibTV2ZG 0gRjBhVzl1 SUc5bSBJSF JvWlNCWlpX IEZ5NG9DZE lHRjMgWVhK a0lHWnZjaS BCcGRITWda R2xuIGFYUm hiQ0JzYjIg TnJhVzVuSU hONSBjM1Js YlM0PQogIC AgICAgIDwv c3Bhbj4KIC AgICAgICAK ICAgICAgIC A=