! !"!
! !
!
!
"#$%&'())*#+&!,!-#./011$$,22&'3&%!
#$%!&'(&!
!
!
!
)*+,-./-%/!0-./1".2+34.+,5%6!07-!8%5335%!92!05335%!
+"::5%05,;!
!
!
<%",,!="+5!>?3-%:!
!
!
!
@-+,5%9AA2-75.!5%!"..1575%,!+93!/51!-7!!
!
@-+,5%+,B/"5,!"!C-38B..++"::5%05,!75/!
!
D."75%+",5,5,!"!C,-7-.25%!!
!
!
*!"!+-3-%E5"/!35/!C,-,9"1F!<%-25!
! ! ! ! !
! !""!
!
!
! ! "#$#$%! ! ! ! !
! """!!
!"#"#$%
!!
@-+,5%+,B/"5,! "! +-38B..++"::5%05,! 75/! D."75%+",5,5,! "! C,-7-.25%! 5%! 35/! /5..5!
9AA2-75.! -7+1B,,5,G! H5,! 0-%! 7I%,! ,9! ".,5%5++-.,5F! 05:,"+:5F! B,89%/%5./5! 92! +A5..5./5!
$%J! KL5..93! +,B/"5,"/5.! 0-%! L52! A$! B1":,! 7"+! 8$,,! 29/! 0L51A! 92! +,4,,5! -7! 815%5F! 92! L52! 7"1!
2L5%.5!%5,,5!5.!,-::!,"1!075%!5.:51,G!
!
M4%+,!92!8%53+,!7"1!L52!,-::5!84%+,5-3-.B5.+"+!<L4%.!N7-%!O%B:5F!3".!75"15/5%!75/!D"CG!
PB+5.! 0L5%,51"2! ,-::! 89%! /".5! "..+A"11F! %$/! 92! 89%! /",,! 5.2-+L535.,G! @5/! /".!
,"12L5.251"205,F!?/3?:05,!92!57.5!,"1!$!89%3"/15!:9.+,%B:,"7!:%","::!1-!/B!29/5!%-335%!
89%!39,"75%5./5!75"15/.".2!92!/"+:B+L9.G!!
!
Q52! ,-::5%! 92+$! C,-,9"1! <%-25! 89%! +-3-%E5"/! 92! 35/7"%:.".2G! R.! +I%1"2! ,-::! %5,,5+! ,"1!
S"1/5! @G! #5+,05"3F! Q"3! =5..5%,! O7-335! 92! TB.5! #I%.5+F! +-3,! /5! -.+-,,5! ,"1:.?,,5,!
9A5%-+L9.+2%BAA5.!"!<%-25G!PB+5.!,-::!,"1!-115!".89%3-.,5%F!E$/5!988+09%5!92!A$!1-./!U!
B,5.!/5%5+!/51,-:51+5!0-//5!"::5!/5..5!9AA2-75.!7I%,!3B1"2!$!2L5..9384%5G!
!
OLI%5!+,B/"575..5%F!L52!4.+:5%!92+$!$!,-::5!/5%5G!#"!0-%!0-,,!5,!8-.,-+,"+:!+-3091/!92!5.!
8".! 35.,-1",5,! 2L5..93! +,B/"5,"/5.G! =I%".2! A$! ,75%+F! +,4,,5F! %$/F! ".79175%".2! 92!
/51,-:51+5! 5%! 9%/! +93! A-++5%! ,"1! $! 9AA+B335%5! /5! +"+,5! $%5.5G! @-.2! 5.! 1-,,5%! 92!
:-885:9AA! 0-%! /5,! E1",,! U! 92! L52! 215/5%! 352! ,"1! $! 2%-,B15%5! /5%5! 92! 85"%5! .$%! /5.! ,"/!
:9335%J!
!
<L4%2!92!S-%-1/F!3".5!:LI%5!+7"25%89%51/%5F!,B+5.!,-::!89%!/5%5+!%-B+05,G!)11!A5./1".2!92!
/51,-:51+5!A$!89%515+.".25%!92!A%9+L5:,-%E5"/!0-//5!"::5!7I%,!3B1"2!B,5.!/5%5+!7517"1L5!
92!0L51AG!P-::!89%!-,!/5%5!0-%!7I%,!V92!5%W!+$!29/5!92!,%?225!E5+,589%51/%5!89%!@-2.B+G!!
!
P-::! ,"1! /5%5! E5+,589%51/%5! "! P%4./51-2! 92+$J! H5%5+! ,$139/"205,F! +,4,,5! 92! 0L51A! B./5%!
05:,"+:5!5:+-35.+A5%"9/5%!0-%!7I%,!B7B%/5%1"2G!
!
OLI%5!)B/!C9175"2!92!@-2.5G!H5%5!,9:!"!39,!352!35/!75..1"205,!92!0L5%,5%93G!N!/5!,9!
+"+,5!$%5.5!0-%!/5%5!0-,,!5.!X-,,A$:1-,,X!"..!92!B,!-7!0B+5,G!PB+5.!,-::!89%!29/,!+51+:-AF!
! ! "#$#$%!
! "7!
89%!3-.2!5.!:-885:9AA!35/!.95!,"1F!89%!/5"1"25!3"//-25%Y!P%"7+515.!0-%!7I%,!+,9%!92!L52!
5%!+$!,-::.531"2J!
!
C"+,F! 35.! "::5! 3".+,F! 7"1! L52! ,-::5! 8-3"1"5! 92! 75..5%! "! <5%25.! 92! P%4./51-2G! P-::! 89%!
+,4,,5!92!!29/5!+-3,-15%G!Q52!+5%!8%-3!,"1!$!7I%5!35%!+-335.!35/!/5%5!"2L5.J!<5.,5!U!
,B+5.!,-::!89%!-,!/B!0L-1A!352!35/!:9%%5:,B%15+".2J!
!
P%9./!U!,B+5.!,-::!89%!7517"1L5F!,$139/"205,!92!5:+,%-"..+-,+G!H5,,5!0-%!7I%,!7":,"2!89%!
352! U! 92! /5,! 0-%! /B! 7"+,! +,9%! 89%+,$51+5! 89%G! Q52! 5%! ,-::.531"2! 89%! -,! /B! 0-%! 1-2,!
89%091/5.5!,"1!%5,,5!B./5%!+,B/"5,"/5.!92!5%!+,91,!975%!3$,5.!/B!X0-%!+,?%,!+:B,-X!0L5335!
A$G!
!
OLI%5F! 29/5! @-2.B+! U! .$! 5%! 3-33-! 85%/"2! 35/! $! 81?! ,"1! +:915.G! HB! 0-%! 75.,5,! +$!
,$139/"2!92!+$$$!15.25J!!
!
!
!
<5%25.F!LB."!&'(&
<%",,!="+5!>?3-%:!
!
!
!
!
!
!
!
!
!
!
!
!
!
! ! &'(()*%$'+! ! !
! !7!
&'(()*$#'+%
!@-+,5%9AA2-75.! 5%! B,84%,! +93! /51! -7! +-38B..++"::5%05,++,B/"5,! 75/! D."75%+",5,5,! "!
C,-7-.25%G! C,B/"5.! 5%! 2L5..9384%,! "! +-3-%E5"/! 35/! C,-,9"1! 92! ".+,-11-+L9.5.! <%-25G!
M4%+,5-3-.B5.+"+! <L4%.! N7-%! O%B:5! 75/! D."75%+",5,5,! "! C,-7-.25%! 0-%! 7I%,! 75"15/5%!
B./5%!+,B/"5.G!
!
)*+,-./-%/! 0-./1".2+34.+,5%! 5%! 5.! /51! -7! -%E5"/+A%-:+"+39/5115.! XR,,5%15751+5! "!
A%-:+"+GX!@9/5115.!0-%!+",,!B,+A%".2!8%-!>9%+:!S?/%9!92!0-%!7I%,!"!:9.,".B5%1"2!B,7":1".2!
"! ,"/1"25%5! C,-,9"1S?/%9! 92! C,-,9"1G! S-./1".2+34.+,5%5,! E5+,$%! -7! +5:+! B1":5! ,%"..! +93!
930-./15%!A1-.1522".2F!2L5..9384%".2F!57-1B5%".2!92!1I%".2!-7!5.!2",,!9A5%-+L9.G!
!
ZAA2-75.! +5,,5%! 89:B+! A$! +,-/"2! 1":5! -:,B5115! 92! /"+:B,5%,5! ,53-! "..5.!
A5,%915B3+7"%:+9305,5.! "! >9%25! 92! ".,5%.-+L9.-1,6! +"::5%05,! 92! +"::5%05,+:B1,B%G!
ZAA2-75.!5%!5.!:7-1",-,"7!+,B/"5F!/5%!89%3$15,!5%!$!E5+:%"75!92!-.-1?+5%5!)*+,-./-%/!+",,!
E"/%-2!,"1!+"::5%05,!"!C,-,9"1!<%-25G!KL5..93!,59%"-.75./51+5!+4:5%!+,B/"5.!$!"/5.,"8"+5%5!
92! E5+:%"75! 89%091/! 75/! )*+,-./-%/! 92! C,-,9"1! <%-25! +93! 8%5335%! 5115%! 05335%!
+"::5%05,G!!
!
R3A"%"2%B..1-25,! 8%-! +,B/"5.! E5+,$%! -7! ([! "./"7"/B5115! /?E/5".,5%7LB! 35/! -.+-,,5! "!
C,-,9"1! <%-25F! +:%"8,1"25! :"1/5%F! +-3,-15%! 92! 9E+5%7-+L9.F! E$/5! 988+09%5! 92! "! <%-25+!
1-./E-+5%,5! 9%2-."+-+L9.G! N! 9AA2-75.! E5.?,,5+! ,59%"! 93! +"::5%05,F! :B1,B%F!
9%2-."+-+L9.+:B1,B%!92!+"::5%05,+:B1,B%F!92!/5,!15225+!+I%1"2!75:,!A$!T5-+9.!V(\\]W!+".!
89%+,$51+5! -7! +"::5%05,+:B1,B%G! H5,,5! 89%! $! B./5%+4:5! 07"1:5! 51535.,5%! -7!
+"::5%05,+:B1,B%! +93! :-.! "/5.,"8"+5%5+! "! /5.! A%-:,"+:5! E%B:5.! -7! 0-./1".2+34.+,5%5,F!
+-3,! "! 9%2-."+-,9%"+:5! :93A9.5.,5%! +93! "..2$%! "! 5115%! 5%! "! 2%5.+5+.",,! 35/!
0-./1".2+34.+,5%5,G!!
!
T5+B1,-,5.5!8%-!+,B/"5.!7"+5%!-,!/5,!5%!815%5!8-:,9%5%!75/!)*+,-./-%/!0-./1".2+34.+,5%!
92! /5.! 9%2-."+-,9%"+:5! :9.,5:+,5.! +93! A$7"%:5%! +"::5%05,5.! "! C,-,9"1! <%-25G! MB..5.5!
A5:5%! A$! 3-.215%F! B,89%/%".25%! 92! +,?%:5%! :.?,,5,! ,"1! ".,5%-:+L9.5.! 92! +-30-./1".25.!
351193! /5! -.+-,,5! 92! 9%2-."+-+L9.5.G! @-.2518B11! +A%5/.".2! -7! ".89%3-+L9.F! +I%1"2!
! ! &'(()*%$'+! ! !
! 7"!
:.?,,5,!,"1!75%,":-15!:933B.":-+L9.+:-.-15%F!+-3,!B,"18%5/++,"115./5!+?+,535%!89%!1I%".2!
92! %-AA9%,5%".2! :-.! 84%5! ,"1! -,! 9%2-."+-+L9.5.+! +"::5%05,! 92! %9EB+,05,! +75::5+G! )*
+,-./-%/! +:-A5%! "3"/15%,"/! 5,! .-,B%1"2! 92! 152","3,! %93! 89%! /5! -.+-,,5! ,"1! $! 975%7$:5F!
:9.,%9115%5! 92! :9%%"25%5! 075%-./%5+! -%E5"/+A%-:+"+G! C,B/"5.! -7/5::5%! -,! /5,! 5%! 5.!
%5,,85%/"2!:B1,B%!"!C,-,9"1!<%-25F!.95!+93!0-%!5.!A9+","7!"..7"%:.".2!A$!+"::5%05,5.G!!
!
T5+B1,-,5.5! 7"+5%! -,! )*+,-./-%/! E"/%-%! ,"1! $! +:-A5! 815:+"E"1",5,! "! B,84%51+5.! -7! -%E5"/5,!
2L5..93!+-30-./1".2F!"./"7"/B511!92!:9115:,"7!-:,A$2"75.05,!92!35.,-1!,"1+,5/57I%51+5G!
R1535.,5%! -7! 815:+"E"1",5,! 92! 9%2-."+-,9%"+:! %5/B./-.+! :-.! "/5.,"8"+5%5+! "!
0-./1".2+34.+,5%5,+!+,%B:,B%F!35.!:B.!/517"+!"!:B1,B%5.G!!
!
C,B/"5.!-.+:B51"22L4%!0-./1".2+34.+,5%5,+!A9,5.+"-1!89%!1I%".2G!T5+B1,-,5.5!7"+5%!-,!)*
+,-./-%/! E"/%-%! ,"1! 1I%".2! 09+! /5.! 5.:51,5! -.+-,,! 92! "..-/! "! -%E5"/+1-25.5G! >$%! /5,!
2L51/5%! 9%2-."+-,9%"+:! 1I%".2! -7/5::5%! "3"/15%,"/! +,B/"5.! -,! 1",5! E%B:5%75..1"25!
+?+,535%! 89%! 1I%".2! 92! B,"1+,%5::51"2! ".89%3-+L9.+81?,! 05335%! 1I%".2! 92! 89%E5/%".2F!
+-3,!0-./1".2+34.+,5%5,+!E"/%-2!,"1!+"::5%05,!"!C,-,9"1!<%-25G!
! ! ,**-#.%/0#$1)+*)./)! ! ! ! !
! 7""!!
4556789-:7;<=>5=8-=!
!
:7;7;9! 444!
-?""=59;?>! @!
:4>A;=;! 4B!
<?C=88=;! 4B!
@=98=>>! 4B!
D!4558=9545>! D!
DED!7FF>?@=5-!:7;"G8!7>!F;7C8="-<48845>! H!
DEI!?@>;=5-545>!?@!7FF>?@=5! J!
DEH!;=8=@?5<!:7;-K545>! L!
DEJ!7FF>?@=5-!7FFCM>545>!7>!4556789! N!
I!K75<=K-<! O!
IED!-<?<748! O!
IEI!C;?>=! P!
IEH!C4-!459A-<;4=;! DQ!
H!<=7;4! DD!
HED!-4KK=;6=<! DD!
HEI!KA8<A;!7>!7;>?54-?-R75-KA8<A;! DH!
^G&G(!OD=PDT<RKTR_RP! (^!
^G&G&!ZTK)>NC)CQZ>COD=PDT! (`!
HEH!-4KK=;6=<-KA8<A;! DN!
HEJ!6@?!=;!=5!S>79S!-4KK=;6=<-KA8<A;T! DU!
^G`G(!N>MZT@RTP!OD=PDT! &'!
^G`G(G(!R>!T)__ZTPRTR>HR!OD=PDT! &(!
^G`G(G&!R>!TRPPMRTHNK!OD=PDT! &&!
^G`G(G^!R>!M=ROCN<R=!OD=PDT! &^!
^G`G(G`!R>!=aTR>HR!OD=PDT! &`!
HEL!7FF-A""=;45>!?@!<=7;4! IJ!
J!"=<79=! IN!
JED!:7;-K545>-9=-4>5! IN!
JEI!:7;-K545>--<;?<=>4! IP!
JEH!:7;-K545>-F;7-=--=5! IP!
JEJ!9?<?455-?"845>! HD!
`G`G(!N>PRT#QDKDNHR>!ZK!N>PRT#QDR>R! ^(!
`G`G&!HZOD@R>P)>)=bCR! ^^!
`G`G^!Z<CRT#)CQZ>! ^^!
JEL!45:7;"?5<=;! HL!
JEN!9?<?C=6?59845>!7>!?5?8M-=! HO!
JEO!;=84?C484<=<!7>!@?8494<=<! HP!
`G]G(!TR=N)<N=NPRP! ^c!
! ! ,**-#.%/0#$1)+*)./)! ! !
! 7"""!
`G]G&!#)=NHNPRP! `(!
JEP!"=<794-K=!-<M;K=;!7>!-@?K6=<=;! JH!
JEU!=<4-K=!;=:8=K-R75=;! JJ!
L!;=-A8<?<=;! JN!
LED!?V-<?59?;9!W!C?K>;A55!7>!6=5-4K<! JN!
LEI!?V-<?59?;9!V!-<;AK<A;! JN!
[G&G(!S)>H=N>KC@d>CPRTRPC!CROC!CPRK! `c!
LEH!?V-<?59?;9!W!4!F;?K-4-! LQ!
LEJ!;?FF7;<=;=59=!7>!;=<<:=;94>!KA8<A;! LO!
[G`G(!T)__ZTPRTR>HR!OD=PDT! []!
[G`G&!TRPPMRTHNK!OD=PDT! e'!
LEL!:8=K-4C=8!KA8<A;! NH!
LEN!8X;=59=!KA8<A;! NO!
LEO!7FF-A""=;45>!?@!="F4;4! OQ!
N!9;Y:<45>! OI!
NED!;?FF7;<=;=59=!KA8<A;! OI!
NEI!;=<<:=;94>!KA8<A;! OL!
NEH!:8=K-4C=8!KA8<A;! OP!
NEJ!8X;=59=!KA8<A;! PI!
NEL!7FF-A""=;45>! PJ!
O!K75K8A-R75=;! PN!
84<<=;?<A;! PU!
@=98=>>! UJ!
!
!
! ! "2+3$)$4!1'5)..)$!#+!6)%.)++! ! !
! "f!!
!,+-#)#%
!
M"2B%!(6! R,,5%15751+5!"!A%-:+"+!
M"2B%!&6! <"1/5!-7!A1-,,89%35.!<%-25!
M"2B%!^6! O-%,!+93!7"+5%!<%-25!+".!A1-++5%".2!"!>9%/+L45.!
M"2B%!`6! Z%2-."+-+L9.++,%B:,B%F!<%-25!988+09%5!
M"2B%![6! O93A9.5.,5.5!"!5.!".89%35%,!:B1,B%!
%
.'/)00)#%
!
P-E511!(6! M%53+,"11".2!-7!89%+:.".2+A%9+5++5.!
P-E511!&6! Z75%+":,!975%!".89%3-.,5.5!
%
1)$0)++%
!
#5/1522!(6! N.,5%7LB2B"/5!
#5/1522!&6! N.89%3-+L9.++:%"7!,"1!".89%3-.,5.5!
#5/1522!^6! H5.!1"115!)*+,-./-%/E9:5.!
%
%
%
! ! 7'8211).!9!:!,**.)%*2*+! ! ! ! ! ! !
! (!
2%,**0)$*,*+%
!
C,G351/G! .%G! (&! V&''[*&''eW! A5:5%! A$! -,! A5,%915B3+7"%:+9305,5.! 5%! 1-./5,+! +,4%+,5!
.I%".2!92!-,!/5.!"!3-.25!,"$%!7"1!7I%5!5.!-7!/5!7":,"2+,5!E"/%-2+?,5%5!,"1!75%/"+:-A".2F!
75:+,!92!75185%/!"!>9%25!VC,G!351/G!.%G!(&!V&''[*&''eWWG!_5,%915B3+"./B+,%"5.!091/5%!5,!
04?,! ."7$! A$! 051+5F! 3"1L4! 92! +"::5%05,F! 35.! %52L5%".25.! A5:5%! 1":5751! A$! -,! /5.! 0-%! 5,!
A9,5.+"-1!89%!$!:B..5!35/84%5!XE5,?/51"25!.52-,"75!:9.+5:75.+5%!92!:9+,.-/5%!E$/5!-7!
35..5+:51"2! 92! +9+"-1F! 3"1L435++"2! 92! 4:9.93"+:! :-%-:,5%X! V+G! eWG! H5,,5! 7"+5%! 92+$!
05./51+5%!+93!0-7-%"5,!A$!E91"2A1-,,89%35.!)15f-./5%!=G!O"511-./!"!(\c'!VT-B+-./!92!
D,.5F!&''\WF!+-3,!&e(!93:93.5!"!-%E5"/+B1?::5%!A$!.9%+:!+9::51!"!A5%"9/5.!(\e]*&''c!
VC,9%5!>9%+:5!=5:+":9.F!&'((gWG!)7!.?5%5!,"/!5%!/5!B:9.,%9115%,5!2-++B,E1$+.".25.5!A$!
C.9%%5!)!"!&''`!V_5,%915B3+,"1+?.5,F!&''[WF!A$!KB118-:+!<!V_5,%915B3+,"1+?.5,F!&'((EW!
92!KB118-:+!h!V_5,%915B3+,"1+?.5,F!&'((-W!"!&'('!92!:-,-+,%985.!"!@5f"g929185.(!VC,9%5!
>9%+:5!=5:+":9.F!&'((EW!+-335!$%!,?/51"25!5:+53A15%!A$!/5,,5G!
!
_$! +1B,,5.! -7! (\\'*,-115,! A$A5:,5! 815%5! 8-289%5.".25%! -,! +"::5%05,++",B-+L9.5.! "! .9%+:!
A5,%915B3+7"%:+9305,!7-%!"!85%/!35/!$!89%75%%5!+52F!.95!+93!E15!-77"+,!-7!"./B+,%"5.+!
15/5%5G!Z1L5+51+:-A5.5!7-%!"::5!7"11"2!,"1!$!-:+5A,5%5!/5,!.52-,"75!E"1/5,!+93!E15!,52.5,!-7!
8-289%5.".25.5G!P"1!,%9++!89%!-179%1"25!5.:51,05./51+5%!VCN>PRMF!&''&-W!-%2B35.,5%,5!/5!
89%!-,!+"::5%05,5.!-1/%"!0-//5!7I%,!E5/%5!A$!.9%+:!+9::51G!H5,,5!+?.5,!E15!B,89%/%5,!-7!
,9! B-705.2"25! %-AA9%,5%! +93! E15! ABE1"+5%,! "! (\\\! VT?227":F! (\\\i! #"..53F! (\\\WF! 92!
5,,5%! 075%,! 92+$! -7! Z1L5/"%5:,9%-,5,! 92! /5.! A91","+:5! 15/51+5.! "! O933B.-1*! 92!
%52"9.-1/5A-%,535.,5,G! ZAA+1-2! "! 35/"-! 930-./15,! E1-.,! -..5,! B,,-151+5%! 93! +,5%:,!
:%","+:5! 8-289%5.".2+15/5%5! 92! %5A%5+5.,-.,5%! 8%-! Z1L5/"%5:,9%-,5,! VCN>PRMF! &''&-WG!
KL5..93!+9335%5.!92!04+,5.!8"::!%"+":9."7$5,!"!.9%+:!91L57"%:+9305,!89%!-179%!9885.,1"2!
9AA35%:+9305,G!O%","::5.!E15!8B12,!9AA!-7!A$1522!/5%!.I%".25.!E15!E5/,!93!$!"..84%5!
,"1,-:!89%!$!%5/B+5%5!%"+":9."7$5,G!@?./"205,5.5+!+,5%:5!A$A5:.".25%!:93E".5%,!35/!5.!
%5::5! .5/+,5.2".25%! 92! .5+,5.B1?::5%! 84%,5! ,"1! -,! +51+:-A5.5+! 15/51+5! 92+$! 5./%5,!
9AA8-,.".2!V"E"/GWG!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
(!Q52!%585%5%5%!05%!,"1!B,E1$+.".2+B1?::5.!A$!"..%5,.".25.!H55Aj-,5%!S9%"k9.!A$!@-g9./9*851,5,!
"!@5f"g92B185.G!!
!
! ! 7'8211).!9!:!,**.)%*2*+! ! ! ! ! ! !
! &!
H4/+B1?::5.! A$! Z+5E5%2! d+,! LB1-8,5.! "! $%! &'''! E15! /5.! 5.:51,05./51+5! +93! 89%! -179%!
84%,5! ,"1! 5.! 5%:L5..51+5! -7! -,! 3-.! +,9/! 975%89%! -179%1"25! B,89%/%".25%! -.2$5./5!
%"+":9."7$5,! "! 91L57"%:+9305,5.G! P"/1"25%5! >9%+:! S?/%9! 7-%! 5,,! -7! /5! +51+:-A5.5! +93!
0-//5!8$,,!35+,!.52-,"7!9AA35%:+9305,!"!89%E"./51+5!35/!:%","::5.!39,!91L5+51+:-A5.5G!
=":5!5,,5%!B1?::5.!-7/5::5,!Z1L5/"%5:,9%-,5,!815%5!-179%1"25!89%091/!75/!>9%+:!S?/%9!+",,!
9A5%-,4%+:-A!A$!Z+5E5%2851,5,!VCN>PRMF!&''&-6(`WG!
!
N! 5.! +-3,-15! 35/! 5.! A%9+L5:,15/5%! "! C,-,9"1F!9AA1?+,5! 0-.! -,! +",B-+L9.5.! E5+:%575,!
975.89%! E1-.,! -..5,! %5+B1,5%,5! "! ,"/1"25%5! >9%+:! S?/%9+! B,7":1".2! -7!
-%E5"/+A%-:+"+39/5115.! +93! .$F! 975%! ('! $%! +5.5%5F! EI%5%! .-7.5,! XR,,5%15751+5! 92!
=5/5%+:-AGX!R,,5%15751+5!92!15/5%+:-A+39/5115.!5%!5.!+,?%".2+39/511!89%!079%/-.!3-.!"!
C,-,9"1F! A$! 75%/5.+E-+"+F! +:-1! 15/5! 92! +,?%5! 89%! $! 9AA.$! E5+,! 3B1"2! %5+B1,-,G! @9/5115.!
79:+,5!8%-3!"!,"/1"25%5!>9%+:!S?/%9F!35.!E15!".:1B/5%,!"!C,-,9"1E9:5.&!VC,-,9"1F!&'(&/W!
89%!84%+,5!2-.2!75/!+"+,5!%57"+L9.!"!&'((G!@9/5115.F!+93!E5+:%"75%!5.!3$,5!$!L9EE5!A$F!
:-.! /5%35/! %52.5+! +93! 5,! +,?%5./5! /9:B35.,F! 5115%! 5.! +,?%".2+39/511F! 89%!
9%2-."+-+L9.5.!+93!05105,G!_%9+L5:,15/5%5.!9AA1?+,5!-,!39/5115.!7B%/5%5+!"!89%091/!,"1!$!
E1"!5.!Z=M!VZ1L5"./B+,%"5.+!=-./+89%5.".2W!%5,.".2+1".L5^G!!
!
C,-,9"1!D,7":1".2!92!_%9/B:+L9.!>9%25!VD_>W!5%!5,,!-7!+LB!89%%5,.".2+93%$/5%!"!C,-,9"1G!
C,-,9"1! D_>! 0-%! 975%! 1-.2! ,"/! 0-,,! +".! 525.! R,,5%15751+5! 92! =5/5%+:-A+39/511G!
N..091/+35++"2! 5%! /5.! 1":! R,,5%15751+5! 92! 15/5%+:-A+39/5115.! "! C,-,9"1E9:5.F! 35.! 5%!
,52.5,! .95! -..5%15/5+! 92! :-115+! XR,,5%15751+5! "! A%-:+"+X! VC,-,9"1F! &'('-WF! +5! 8"2B%! (G!
N.+,-11-+L9.5.!<%-25!5%!9%2-."+5%,!B./5%!C,-,9"1!D_>!92!/5,!5%!/5%89%!39/5115.!"!8"2B%!(!
+93!5%!B,2-.2+AB.:,!89%!/5..5!+,B/"5.G!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
&!C,-,9"1E9:5.!5%!C,-,9"1+!475%+,5!+,?%5./5!/9:B35.,!92!8-+,+5,,5%!5.!85115+!%-335!89%!079%/-.!
7"%:+9305,5.!+:-1!15/5+!92!/%"75+G!!
^!R.!Z=M!%5,.".2+1".L5!"..5091/5%!%$/!92!-.E58-1".25%!,"1!079%/-.!+51+:-A5.5!"!91L5*!92!
2-++"./B+,%"5.!:-.!0$./,5%5!B1":5!A%9E153+,"11".25%!A$!E5+,5!3B1"25!3$,5G!H5!0-%!".25.!%5,,+1"2!
+,-,B+F!35.!5%!1-.2,!A$!75"!+,?%5./5!89%!/5!7-12!+93!+:-1!,-+G!ZA5%-,4%5.5+!"3A1535.,5%".2!-7!
Z=M+!%5,.".2+1".L5%!7"1!"!.95.!+-335.05.25%!"..5EI%5!-,!-.E58-1".25%!"!5.!Z=M!%5,.".2+1".L5!"!
A%-:+"+!E1"%!:%-7!,"1!"./B+,%"5.!VZ1L5"./B+,%"5.+!=-./+89%5.".2F!&'(&-WG!!
! ! 7'8211).!9!:!,**.)%*2*+! ! ! ! ! ! !
! ^!
! M"2B%!(F!R,,5%15751+5!"!A%-:+"+F!H5.!1"115!)*+,-./-%/!E9:5.!VC,-,9"1F!&'('-6cWG!
!
@9/5115.! "! 8"2B%! (! E5+,$%! E1-.,! -..5,! -7! 5,! 0-./1".2+34.+,5%! 35/! +5:+! +,52! +93!
E5+:%"75%!079%/-.! /5!-.+-,,5!+:-1!A1-.15225F!B,84%5!92!57-1B5%5!+".5!-%E5"/+9AA2-75%G!
S-./1".2+34.+,5%5,!05,5%!)*+,-./-%/F!92!7"1!E1"!35%!8?1/"2!E5+:%575,!"!53A"%":-A",,515,!
75/!0L51A!-7!XH5.!1"115!)*+,-./-%/E9:5.X!VC,-,9"1F!&'('-WF!+93!5%!75/1-2,!+93!75/1522!^!"!
9AA2-75.G`!)72%5.+.".25%!%51-,5%,!,"1!39/5115.!E1"%!.I%35%5!930-./15,!B./5%!A:,G!(G&G!
!
232%"44+'1)*&%!"#(50%"+%4#"/0)(&.,00,*+%
T-33589%+:%"8,5.! V&'('W! 93! 051+5F! 3"1L4! 92! +"::5%05,! 89%! A5,%915B3+7"%:+9305,5.!
:%575%! -,! X5.! 29/! 051+5*F! 3"1L4*! 92! +"::5%05,+:B1,B%! +93! 938-,,5%! -115! 8-+5%! 92!
-:,"7",5,+93%$/5%! +:-1! 8%5335+! 2L5..93! :9.,".B5%1"2! -%E5"/! 89%! $! %5/B+5%5! %"+":9! 92!
89%E5/%5! 051+5F! 3"1L4! 92! +"::5%05,X! Vl! ([WG!M9%+:%"8,+A-%-2%-85.! 5%! $! %52.5! +93! 5,!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
`!R.!5.251+:!515:,%9."+:!75%+L9.!-7!XH5.!1"115!)*+,-./-%/E9:5.X!8"..5+!92+$!A$!84125./5!DT=6!
0,,A6mmjjjG+,-,9"1Gg93m.9mR.7"%9.35.,C9g"5,?m+5gB%",?mh93A1"-.g-)./=5-/5%+0"AmH9j.19 -/+m)*+,-./-%/n&'5.21"+0GA/8!
8 A-standard handlingsmønster A-standard handlingsmønster 9
Etterlevelse i praksis – en samhandling mellom leder og lag
Læring og forbedring Kontrollinje «Sette i stand til» linje
Prestasjoner
Samhandling
A-standard Lederskap i hverdagen
Kommunikator
Rollemodell
Trener og veileder KravSkal oppnås
Aktivitet
Identifisere risiko
Metode
Hvordan
Lagets vurdering
Legge til
Utføre
Løpende risikovurdering
Etterlevelse i praksis
.0%*(t¯1&/t5&551¯t0.5&/,40.
Målet vårt er å gjennomføre sikre, pålitelige, effektive og konkurransedyktige operasjoner hver gang. Måten vi oppnår dette på er vist i figuren til venstre.
På venstresiden i figuren er stegene i A-standard hand- lingsmønster beskrevet. Handlingsmønsteret består av seks konkrete steg, der de fire første stegene handler om å planlegge/ forberede en gitt operasjon eller arbeidsoppgave, det femte steget handler om å gjennomføre operasjonen, mens det sjette steget handler om å evaluere og ta læring etter utført operasjon.
«A-standard handlingsmønster beskriver
hvordan vi planlegger, utfører og evaluerer våre arbeidsoppgaver når vi er på vårt beste»
På høyresiden beskrives hva en leder eller arbeidsleder må utøve av lederskap for å sette enkeltpersoner eller lag i stand til følge stegene i A-standard handlingsmønster.
Dette handler om å kommunisere handlingsmønsteret på en pedagogisk måte, å være rollemodell og følge handlings- mønsteret selv og å trene og veilede enkeltpersoner og lag på hvert steg i handlingsmønsteret.
«Lederskap handler om å sette andre i stand til å planlegge, utføre og evaluere sine arbeidsoppgaver på sitt beste»
Verdiene er «fundamentet» i figuren og skal hjelpe både medarbeider og leder til å ha kvalitet både på handlings- mønsteret og lederskapet.
! ! 7'8211).!9!:!,**.)%*2*+! ! ! ! ! ! !
! `!
2%B..15225./5!:%-7!,"1!051+5F!3"1L4F!+"::5%05,!92!+"::5%05,+:B1,B%G!!
!
D,!-7!A-%-2%-85.!15+5%!3-.!-,!1972"75%!:.?,,5%!+"::5%05,+:B1,B%!92!+"::5%05,!+-335.G!
H5,!5%!92+$!3".!05.+":,!35/!+,B/"5.i!$!-.75./5!5.!(#%)..!89%!+"::5%05,++,?%".2!89%!+$!$!
:.?,,5!39/5115.!9AA!39,!,59%"!93!+"::5%05,+:B1,B%G!N!/5,,5!1"225%!/5,!5.!-.,-:51+5!93!-,!
+"::5%05,+:B1,B%5.! A$7"%:5+! -7! B1":5! %-335E5,".251+5%! 92! -,! /"++5! A$7"%:5%! /5.!
5.:51,5+!091/.".25%!92!+"::5%05,+-,85%/F!+93!"2L5.!A$7"%:5%!8-:,"+:!+"::5%05,G!
!
M9%3$15,!35/!3-+,5%9AA2-75.!5%!$!/%48,5!)*+,-./-%/!+",,!E"/%-2!,"1!+"::5%05,!A$!C,-,9"1!
<%-25G!H5,,5!7"1!2L4%5+!75/!$!,-!B,2-.2+AB.:,!"!)*+,-./-%/!0-./1".2+34.+,5%!92!E5,%-:,5!
/5,!"!1?+!-7!,59%5,"+:5!A5%+A5:,"7G!Q52!7"1!B./5%+4:5!07"1:5!51535.,5%!-7!+"::5%05,+:B1,B%!
+93!:-.!"/5.,"8"+5%5+!"!/5.!A%-:,"+:5!E%B:5.!-7!0-./1".2+34.+,5%5,F!92!/-!35/!+I%1"2!
75:,!A$!T5-+9.!V(\\]W!+".!89%+,$51+5!-7!+"::5%05,+:B1,B%G!Q52!+4:5%!92+$!$!"/5.,"8"+5%5!
:-%-:,5%"+,"+:5! 51535.,5%! "! 9%2-."+-+L9.5.+! ".,5%.5! 3"1L4F! 89%! 7"/5%5! $! +-335.1"2.5!
8B..5.5!35/!.9%3-,"75!+"::5%05,+-+A5:,5%G!
!
_%9E153+,"11".25.!5%!+93!84125%6!
Hvordan kan A-standard bidra til sikkerhet på Statoil Brage?
236%'1+#)*&*,*+%'1%"44+'1)*%
N!3-+,5%9AA2-75.!7"1!L52!+5!A$!+"::5%05,+:B1,B%!+93!5,!75%:,4?!89%!$!+:-A5!+"::5%05,!92!
7"/5%5!079%/-.!)*+,-./-%/!:-.!E"/%-!,"1!$!+:-A5!+"::5%05,!A$!C,-,9"1!<%-25G!H5,,5!7"1!L52!
2L4%5!2L5..93!$!-.75./5!T5-+9.!V(\\]W!+".!9A5%-+L9.-1"+5%".2!-7!+"::5%05,+:B1,B%F!35.!
92+$!,%5::5!A$!-./%5!89%8-,,5%5!+".5!,59%"E"/%-2!+93!L52!-.+5%!+93!:93A1535.,I%5!,"1!
,59%"5.!L52!0-%!7-12,!+93!E-:,5AA5G!!
!
Q52! 75125%! $! 2L4%5! 75.+,%5+"/5.! -7! 39/5115.! 7"+,! "! 8"2B%! (! ,"1! 2L5.+,-./! 89%! 3".! +,B/"5G!
M9:B+5,! 5%! A$! 0-./1".2+34.+,5%5,! )*+,-./-%/F! L8%G! 39/5115.+! 75.+,%5! +"/5G! Q52! B,51-,5%!
/5%35/! X=5/5%+:-A! "! 075%/-25.X! 92! C,-,9"1! +".5! 75%/"5%! +93! 5%! 7"+,! B./5%! 39/5115.G!
)72%5.+.".25.!+:?1/5+!"!-11!0975/+-:!+,B/"5.+!7-%"205,!92!938-.2G!@9/5115.+!+,%B:,B%!
92!079%/-.!0-./1".2+34.+,5%5,!A%-:,"+5%5+!E1"%!2L9%,!%5/5!89%!"!:-A",,51!853G!
!
! ! 7'8211).!9!:!,**.)%*2*+! ! ! ! ! ! !
! [!
237%#)0)1'*.%!"#&8*,*+%
N!+4:!5,,5%!1",,5%-,B%!92!89%+:.".2!A$!+"::5%05,++,?%".2!"!A5,%915B3+7"%:+9305,5.!E15!/5,!
8B..5,!853!E"/%-2!+93!-.+5+!+93!+I%1"2!%5157-.,5!89%!B./5%+4:51+5.G!M5115+!89%!/5!-115!
5%!-,!/5!930-./15%!+"::5%05,!"!A5,%915B3+7"%:+9305,5.G!P9!V)B+,.5+*D./5%0-B2!5,!-1G!
&'('i! Z1+5.! 92! >I75+,-/F! &''eW! ,-%! 89%! +52! C,-,9"1! +A5+"51,F! 35.+! ,%5! VZ1+5.F! &''\i!
S4"7":F! &''\i! P0-%-1/+5.F! &'((W! 930-./15%! 89%091/5,! 351193! +"::5%05,+-,85%/! 92!
+"::5%05,+:B1,B%!25.5%51,!"!A5,%915B3+7"%:+9305,5.G!
!
D1":5!89%+:5%5!75/!NTNC!V)B+,.5+*D./5%0-B2!5,!-1GF!&'('W!8"..5%!"!+".!%-AA9%,!93!1I%".2!
-7! 05./51+5%! "! C,-,9"1! -,! +51+:-A5,! 0-%! 2%B..15225./5! B,89%/%".25%! :.?,,5,! ,"1! 5,!
:93A1"+5%,!+,?%".2++?+,53G!H5!89%5+1$%!$!"75%:+5,,5!,"1,-:!%51-,5%,!,"1!,"1A-+.".2!92!E%B:!
-7!7"%:53"/15%!89%!:B..+:-A+/51".2G!C,?%5./5!/9:B35.,-+L9.!92!1I%".2!E1"%!/%48,5,!92+$!
05%G!
!
Z1+5.!92!>I75+,-/!V&''eW!B./5%+4:5%!"!+".!+,B/"5!XO91152-A%92%-335,X!+".!A$7"%:.".2!
A$!-,85%/F!-%E5"/+A%-:+"+!92!+"::5%05,+:B1,B%!"!C,-,9"1G!N!3-+,5%9AA2-75.!7"1!5,!75%:,4?!
89%!+"::5%05,++,?%".2!:9E15+!,"1!-%E5"/+A%-:+"+!92!+"::5%05,+:B1,B%G!
!
R+A5.! Z1+5.+! V&''\W! /9:,9%-70-./1".2! :9.:1B/5%5%! 35/! -,! 5./%".25%! "! 89%091/! ,"1!
+"::5%05,+-,85%/!0-%!A$7"%:.".2!A$!+"::5%05,+:B1,B%5.!92!7"g5!75%+-G!Z1+5.!A5:5%!92+$!
A$! -,! $A5.05,F! +-3-%E5"/! 92! :933B.":-+L9.! 5%! .4::519%/! "! 89%091/! ,"1! $! 1I%5! -7!
05./51+5%G!H"++5!51535.,5.5!7"1!92+$!E1"!/%48,5,!"!/5..5!+,B/"5.F!92!/-!+I%1"2!:.?,,5,!,"1!
+"::5%05,+:B1,B%G!
!
P0-%-1/+5.+! V&'((W! /9:,9%-70-./1".2! 8-.,! -,! .I%5! ,"11",+%51-+L9.5%! +A"115%! 5.! A9+","7!
%9115!89%!+"::5%05,5.G!<5,?/.".25.!-7!,"11",!7"1!92+$!E1"!930-./15,!05%G!
!
H9%/"! S4"7":! V&''\W! 0-%! "! +".! /9:,9%-70-./1".2! ,-,,! 89%! +52! 051+5*F! 3"1L4*! 92!
+"::5%05,+:B1,B%5.! "! A5,%915B3+"./B+,%"5.! "! >9%25G! N! +,B/"5.! 8-.,! 0B.! E1-.,! -..5,! -,!
35/-%E5"/5%.5+! ,"11",! ,"1! 15/51+5.! A$! -%E5"/+A1-++5.! 0-%! E5,?/.".2! 89%! -.,-11!
A5%+9.B1?::5%G! S4"7":! 8-.,! 92+$! -,! 5:+53A517"+! -,85%/F! :93A5,-.+5F! +-3-%E5"/! 92!
A%9+5/?%5%!7-%!7":,"2!89%!S@C*:B1,B%5.G!H5,,5!5%!51535.,5%!+93!92+$!7"1!E1"!930-./15,!"!
3-+,5%9AA2-75.G!
! ! 7'8211).!9!:!,**.)%*2*+! ! ! ! ! ! !
! e!
239%"44+'1)*&%"44/:+*,*+%"+%,**;"0$%
!
M4%! L52! 2$%! 7"/5%5! -.+5%! L52! /5,! +93! 05.+":,+35++"2! $! 2"! 15+5%5.! 5.! 975%+":,! 975%!
9AA2-75.+!9AAE?2.".2!92!+,%B:,B%G!
!
!
!
N!/5,,5!:-A",,515,!0-%!L52!:9%,!2L9%,!%5/5!89%!+,B/"5.+!,53-F!89%3$1F!!
A%9E153+,"11".2F!-72%5.+.".25%F!+-3,!,"/1"25%5!89%+:.".2!+93!L52!
-.+5%!+93!%5157-.,!89%!A%9+L5:,5,G!
!
O-A",,51!&!E5+:%"75%!B./5%+4:51+5.+!:9.,5:+,i!91L5*!92!
2-++51+:-A5,!92!/5.!:9.:%5,5!".+,-11-+L9.5.!+93!"..2$%!"!+,B/"5.G!
!!
!
O-A",,51!^!"..5091/5%!5.!2L5..932-.2!-7!/5,!,59%5,"+:5!
2%B..1-25,F!+-3,!5.!A%5+5.,-+L9.!-7!89%+:.".2++A4%+3$15.5G!
!
!
O-A",,51!`!E5+:%"75%!89%+:.".2+/5+"2.5,F!2L5..9384%".25.!-7!
A%9+L5:,5,F!35,9/57-12!92!/-,-"..+-31".2G!S5%!/"+:B,5%5+!92+$!
7-1"/",5,F!%51"-E"1",5,F!+-3,!9AA2-75.+!+,?%:5%!92!+7-:05,5%G!
!
N!:-A",,51![!A%5+5.,5%5+!%5+B1,-,5.5!8%-!".,5%7LBF!
/9:B35.,2L5..932-.2!92!9E+5%7-+L9.G!
!
!
N!:-A",,51!e!/%48,5+!53A"%"!8%-!:-A",,51![!9AA!39,!/5,!,59%5,"+:5!
2%B..1-25,!A%5+5.,5%,!"!:-A",,51!^G!
!
O-A",,51!]!A5:5%!A$!/5!7":,"2+,5!8B..5.5!"!/%48,".25.!92!A$!
-.E58-1".25%!93!7"/5%5!89%+:.".2G!
O-A",,51!(!
O-A",,51!&!
O-A",,51!^!
O-A",,51!`!
O-A",,51![!
O-A",,51!e!
O-A",,51!]!
! ! 7'8211).!;!:!7#*1)</1! ! ! ! ! !
! ]!
6%8"*.)8&.%
!@-+,5%9AA2-75.!E-+5%5%!+52!A$!5,!+-3-%E5"/!35/!C,-,9"1!92!".+,-11-+L9.5.!<%-25G!N!/5,,5!
:-A",,515,!7"1!L52!/5%89%!2L4%5!:9%,!%5/5!89%!E$/5!C,-,9"1!92!<%-25G!S5%!A%5+5.,5%5+!92+$!
<NC!"./B+,%"5%F!+"/5.!8"%5!-7!".89%3-.,5.5!5%!-.+-,,!"!+51+:-A5,G!
!
632%&.'.",0%
C,-,9"1! 9AA1?+5%! A$! +".! 0L5335+"/5[! -,! /5,! 5%! 5,! ".,5%.-+L9.-1,! 5.5%2"+51+:-A! +93! 0-%!
7"%:+9305,!"!35%!5..!^'!1-./G!C51+:-A5,F!+93!0-%!0975/:9.,9%!"!C,-7-.25%F!0-%!35%!5..!
^[!$%+!5%8-%".2!8%-!2-++*!92!91L5A%9/B:+L9.G!H5,!5%!>9%25+!15/5./5!91L5+51+:-A!92!+,$%!89%!
c'!n!-7!A%9/B:+L9.5.!A$!.9%+:!+9::51!VC,-,9"1F!&'(&gWG!
!
>$%!/5,!2L51/5%!+"::5%05,+%51-,5%,5!3$1F!5%!C,-,9"1+!3$1!.B11!+:-/5!A$!35..5+:5%G!N!84125!
+51+:-A5,+!0L5335+"/5F!2L4%!/5!+",,!?,,5%+,5!89%!$!+:-A5!5.!+"::5%!-%E5"/+A1-++!89%!+".5!
-.+-,,5! 92! +-3-%E5"/+A-%,.5%5F! +-3,! 89%! $! B..2$! B1?::5%! 92! ?%:5++?:/9335%G! C,-,9"1!
0-%! +93! 3$1! $! 7I%5! 5,! ".,5%.-+L9.-1,! 2-++*! 92! 91L5+51+:-A! "! 75%/5.+:1-++5F! .95! +93!
:%575%!-,!/5!5%!E1-.,!/5!8%53+,5!"..5.!+"::5%05,F!E$/5!35/!,-.:5!A$!,5:."+:5!89%091/!92!
+"::5%!/%"8,!VC,-,9"1!&'']EWG!
!
C,-,9"1! 9AA1?+5%! 7"/5%5! A$! +".! 0L5335+"/5! -,! /5! 0-%! 5,! :9.,".B5%1"2! 89:B+! A$!
+"::5%05,+89%+,$51+5G!C51+:-A5,!+5%!A$!%"+":9+,?%".2!+93!5.!:9.,".B5%1"2!A%9+5++!92!+93!
2%B..+,5".5.! "..5.! S@C*+,?%".26! XC93! 5.! /51! -7! E5+1B,.".2+A%9+5++5.! E1"%! %5157-.,5!
S@C*%51-,5%,5! %"+":98-:,9%5%! "/5.,"8"+5%,! 92! 7B%/5%,! 92! .4/75./"25! %"+":9%5/B+5%5./5!
,"1,-:!E1"%!"75%:+-,,X!VC,-,9"1F!&'']EWG!T"+":9+,?%".2!E%B:5+!E$/5!B./5%!A%9+L5:,B,7":1".2!
92! 9A5%-+L9.5%! 89%! $! ,"18%5/++,"115! 8-+,+-,,5! :%-7! 92! 89%! $! .$! 5,! +$! 1-7,! %"+":9."7$! +93!
A%-:,"+:! 3B1"2G! N! 84125! +51+:-A5,F! E-+5%5%! /5! +".! %"+":9+,?%".2! A$! +-30-./1".2! 351193!
A5%+9.511F! 9%2-."+-+L9.! 92! ,5:.9192"G! )115! -.+-,,5F! E$/5! 15/5%5! 92! 35/-%E5"/5%5F!
89%A1":,5%!+52!,"1!+"::5%!-,85%/!A$!-%E5"/+A1-++5.G!C,-,9"1!-.+5%!%"+":95.!89%!B1?::5%!+93!
-11,"/! ,"1+,5/57I%5./5! 92! +5%! A$! %"+":9+,?%".2! +93! X5.! A%9+5++! 89%! $! :-%,15225! 8-%1"25!
89%091/F! 7B%/5%5! %"+":9! 92! 8"..5! %"+":9%5/B+5%5./5! ,"1,-:! "! 89%091/! ,"1! 8B.:+L9.+:%-7X!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
[!jjjG+,-,9"1Gg93!
! ! 7'8211).!;!:!7#*1)</1! ! ! ! ! !
! c!
VC,-,9"1F!&'']-WG!!
C,-,9"1!5%!9A5%-,4%!A$!.I%35%5!e'!851,!A$!.9%+:!+9::51!VC,-,9"1F!&'(&gWG!R,,!-7!851,5.5!5%!
<%-25F!+93!7"1!E1"!.I%35%5!930-./15,!B./5%G!
636%/#'+)%
C,-,9"1! 5%! 9A5%-,4%! -7! ".+,-11-+L9.5.! <%-25! VC,-,9"1F! &'(&gWF! +93! 5%! 5.! ".,52%5%,! E91"2*F!
A%9+5++*! 92! E9%5A1-,,89%3! 35/! 1B2-%:-A-+",5,! 89%! (&&! A5%+9.5%F! +5! 8"2B%! &G! _$! C,-,9"1+!
0L5335+"/5! 9AA1?+5+! /5,! -,! <%-25! 5%! 5,! A%9/B:+L9.+851,! 89%! 91L5! 92! 2-++! +93! 1"225%! "!
>9%/+L45.F!(&'!:3!.9%/75+,!89%!<5%25.!VC,-,9"1F!&'(&-WF!+5!8"2B%!^G!!
!
! M"2B%!&G!<"1/5!-7!A1-,,89%35.!<%-25!VC,-,9"1F!&'(&-WG!
!
<%-25!5%!9%2-."+5%,!B./5%!C,-,9"1!D,7":1".2!92!_%9/B:+L9.!>9%25!92!+:-1!/5%35/!L9EE5!"!
+-3+7-%! 35/! 39/5115.! +93! 5%! 7"+,! "! 8"2B%! (G! <%-2515/51+5.! 93,-15+! A$! C,-,9"1! +".!
0L5335+"/5!+93!5,!29/,!5:+53A51!"!89%091/!,"1!5,-E15%".25.!-7!0-./1".2+34.+,5%5,!)*
+,-./-%/!VC,-,9"1F!&'(&EWG!
!
C,-,9"1!<%-25!+,-%,5,!/%"8,5.!"!(\\^!92!0-//5!"!(\\c!,9AA!A%9/B:+L9.!35/!(&'!'''!8-,!
A5%!/42.G!N!/-2!5%!A%9/B:+L9.5.!93,%5.,!([!'''!8-,!A5%!/42.G!_$!".+,-11-+L9.5.!5%!/5,!
,9,-1,!`'!E%4..+19,+F!".:1B/5%,!E$/5!91L5A%9/B+5.,5%!92!7-..".L5:,9%5%G!Z1L5!5:+A9%,5%5+!
! ! 7'8211).!;!:!7#*1)</1! ! ! ! ! !
! \!
7"-! Z+5E5%2! M51,+5.,5%! 92! ,"1! C,B%5,5%3".-15.! B,+:"A.".2+0-7.! "! d?2-%/5.! :933B.5! "!
S9%/-1-./!VC,-,9"1!&'(&-WG!
!
!
M"2B%!^G!O-%,!+93!7"+5%!<%-25!+".!A1-++5%".2!"!>9%/+L45.!VC,-,9"1F!&'(&-WG!
!
N.+,-11-+L9.5.! 0-%! E$/5! 5.! 1-./E-+5%,! 92! 5.! 988+09%5E-+5%,! 9%2-."+-+L9.G! D,5! A$!
A1-,,89%35.! 5%! /5,! A1-,,89%3+L585.! +93! 5%! 475%+,5! 15/5%G! S@C*:99%/".-,9%! 92!
+"::5%05,+15/5%!%-AA9%,5%5%!/"%5:,5!,"1!A1-,,89%3+L585.G!_$!.5+,5!."7$!5%!9A5%-+L9.5%!92!
-:,"7",5,5%! +93! 930-./15%! 89%+?.".2! 92! -/3"."+,%-+L9.! VMo)WF! /%"8,! 92! 75/1":5091/!
VHo#WF!A1-.75/1":5091/!92!E9%".2!92!E%4..!V<o<WF!+5!8"2B%!`G!
!
!
! M"2B%!`G!Z%2-."+-+L9.++,%B:,B%F!<%-25!988+09%5!VC,-,9"1F!&'((6\WG!
!
N.+,-11-+L9.5.! 0-%! 7"/5%5! 5.! 1-./E-+5%,! 9A5%-+L9.+2%BAA5! +93! E5+,$%! -7!
9A5%-+L9.+15/5%F!A1-.15225%F!S@C*15/5%F!-/3"."+,%-,"7!+,4,,5F!A%9+5++:99%/".-,9%F!/%"8,+*!
Styrende dokument: UPN Nordsjøen Vest Modne Felt - Organisasjon, ledelse og kontroll - tillegg til UPN Drift
Gradering: Internal
Personal og organisasjon (HR), Organisasjon, ledelse og styring, OMC01, Final Ver. 2, gyldig fra 2011-02-23
Side 8 av 48
Gyldig for: DPN OW Modne Felt/Brage, Glitne, Heimdal, Huldra, Veslefrikk, Volve/Oppstrøm/Land og hav
Plattform
Plattformsjef rapporterer til Produksjonssjef Brage. Brage plattform er organisert som vist i organisasjonskart:
2.3.3.2 Endringer i forhold til standard driftsmodell Brage har ingen avvik i forhold til felles driftsmodell.
2.3.4 Heimdal
Heimdal Gass-senter, i PL036, er knutepunkt for prosessering og distribusjon av gass, og består av en integrert stålplattform, samt en stigerørsplattform.
Gass fra Heimdal-feltet prosesseres sammen med gass fra feltene Huldra og Vale. I tillegg mottar Heimdal gass fra Oseberg feltsenter via Oseberg Gass Transport (OGT). I perioder går også gass i reversert strøm fra Statpipe-rørledningen opp på Heimdal og videre til Vesterled.
Den samme plattformen er også utrustet til å eksportere gass til trykkstøtte for oljeproduksjonen på Grane- feltet.
Satellittfelt
Vale er et gass-/kondensatfelt som ligger i PL036 og er tilknyttet Heimdal. Feltet er bygd ut som et satellittfelt med en bunnramme knyttet til stigerørsplattformen på Heimdal.
Feltene Byggve og Skirne leverer også gass til Heimdal.
Dette er to mindre gassfelt som ligger 16 og 24 kilometer øst for Heimdal, og som også knyttes opp som satellitter via brønner på havbunnen.
Plattformsjef
F&A D&V Planvedlikehold B&B
HMS-Koordinator Sikkerhetsleder
Operasjonsleder
D&V Leder Land Driftsingeniør Vedlikeholdsingeniør
Planlegger Administrativ Støtte
Prosesskoordinator (SCM)
! ! 7'8211).!;!:!7#*1)</1! ! ! ! ! !
! ('!
92! 75/1":5091/+15/5%F! /%"8,+".25."4%! 92! 75/1":5091/+".25."4%G! <%-25! 5%! ,"1:.?,,5,! B1":5!
85115+8B.:+L9.5%! +93! 5%! 19:-1"+5%,! A$! 1-./F! E1-.,! -..5,! 988+09%5! 8-2+5.,5%F!
-.1522+".,52%",5,F!815%851,+9A5%-+L9.5%!92!A1-.+5.,5%5,!V>5+05"3!5,!-1GF!&'((WG!
!
<%-259%2-."+-+L9.5.! E5+,$%! 0975/+-:51"2! -7! -.+-,,5! "! C,-,9"1F! 35.! 92+$! -7! -.+-,,5! 8%-!
B1":5!:9.,%-:,4%5%!92!B./5%1575%-./4%5%!+93!0-%!-:,"7",5,5%!"!B1":5!/515%!-7!92!93%$/5%!
"!A%9/B:+L9.+A%9+5++5.G!<%-25!E15!A1-.1-2,!35/!&'!$%+!1575,"/!92!/5%89%!,"1,5.:,!$!+,5.25!
.5/!"!&''[G!C,-,9"1!0-%!.$!A1-.5%!93!$!89%15.25!1575,"/5.!,"1!3".+,!&'&[G!H5,!5%!-7!/5.!
2%B..! +,9%! -:,"7",5,! "! 89%091/! ,"1! :9%%9+L9.+E50-./1".2! 92! 75/1":5091/+-%E5"/! A$!
".+,-11-+L9.5.G!
!
637%/,&%,*$-&.#,)#%
p.!-7!:9.,%-:,4%5.5!+93!5%!,"1:.?,,5,!C,-,9"1!<%-25!5%!<NC!N./B+,%"5%G!O9.,%-:,5.+!
9AA+,-%,!7-%!"!L-.B-%!&'((G!O9.,%-:,+A5%"9/5.!5%!A$!8"%5!$%F!"!,"11522!,"1!9A+L9.+$%G!N!84125!
+51+:-A5,+!0L5335+"/5!,"1E?%!/5!,L5.5+,5%!"..5.!E1-.,!-..5,!!"+915%".2F!E%-..E5+:?,,51+5!
92!975%81-,5E50-./1".2!,"1!E$/5!988+09%5*!92!1-./E-+5%,!"./B+,%"G!!C51+:-A5,!5%!92+$!5.!-7!
>9%25+!+,4%+,5!+,"11-+5.,%5A%5.4%5%!V<NC!N./B+,%"5%F!&'(&WG!
!
D./5%!"3A1535.,5%".25.!-7!)*+,-./-%/!0-./1".2+34.+,5%!1-!15/51+5.!"!C,-,9"1!<%-25!
9AA!,"1!5.!,5,,!".,52%5%".2!-7!E$/5!".,5%.5!92!5:+,5%.5!1575%-./4%5%!VC,-,9"1F!&'(&EWG!
).+-,,5!"!<NC!N./B+,%"5%!3$!/5%35/!89%091/5!+52!,"1!)*+,-./-%/!0-./1".2+34.+,5%!A$!1":!
1".L5!35/!-.+-,,5!"!C,-,9"1!B./5%!B,84%51+5!-7!-%E5"/!A$!C,-,9"1!<%-25G!
!
N! /5,,5! :-A",,515,! 0-%! L52! 2L9%,! %5/5! 89%! +,B/"5.+! :9.,5:+,G! N! :-A",,51! &! 7"1! +,B/"5.+!
,59%"2%B..1-2! A%5+5.,5%5+G! O9%,! 9AA+B335%,! +$! 7"1! /5,! 05%! 2L4%5+! %5/5! 89%! +"::5%05,F!
+"::5%05,++,?%".2F!:B1,B%F!9%2-."+-+L9.+:B1,B%!92!+"::5%05,+:B1,B%G!
!
!
!
%
!
!
!
! ! 7'8211).!=!:!>)#$2! ! ! ! !
! ((!
7%.)"#,%
D./5%!E1"%!/5!E52%5A5%!92!:9.+5A,5%!+93!5%!%5157-.,5!89%!+,B/"5.!B,/?A5,!92!2L9%,!%5/5!
89%G! <52%5A5,!/2<<)$-)1! 5%! +5.,%-1,! "! /5..5! +-335.05.2G! M9%+:.".2! +93! 930-./15%!
+"::5%05,!0-%!2L5..93!/5!+"+,5!,"$%!1-2,!35%!92!35%!75:,!A$!:9115:,"75!35:-."+35%!92!
+"::5%05,+:B1,B%! 2L5..93! $! +5! A$! 9%2-."+-,9%"+:5! 89%091/G! P"1.I%3".25.! ,"1! +"::5%05,!
0-%! 7I%,! A%525,! -7! 5.! +9+"9,5:."+:! ,"1.I%3".2F! /5%! /5,! 0-%! 7I%,! 89:B+! A$! 079%/-.!
,5:."+:5F!+9+"-15!92!9%2-."+-,9%"+:5!-+A5:,5%!7"%:5%!+-335.G!<-%%?!PB%.5%!V(\]cW!7-%!
E-.5E%?,5./5!"!/5,,5!-%E5"/5,G!S-.+!A5%+A5:,"7!0-%!1-2,!3?5!-7!2%B..1-25,!89%!/-25.+!
89%+,$51+5!-7!/5,!15/51+5+35++"25!92!-/3"."+,%-,"75!2%B..1-25,!89%!"./B+,%"5115!B1?::5%!
VCN>PRMF! &''cW! 92! 0-.! 0-%! ,?/51"2! ".+A"%5%,! -./%5! 89%+:5%5F! +93! T5-+9.! V(\\]WF!
q5+,%B3!V(\\^W!92!T-+3B++5.!V(\\]WG!
!
C"::5%05,! 92! +"::5%05,+:B1,B%! 5%! $! -.+5! +93! 0975/E"/%-2! 35/! 05.091/! ,"1! 7-12! -7!
,59%5,"+:! A5%+A5:,"7! "! /5..5! +,B/"5.G! C"::5%05,+:B1,B%! E1"%! "! /5..5! 9AA2-75.! .-,B%1"2!
.9:! E5,%-:,5,! "! 5.! :9.,5:+,F! 5.! 9%2-."+-+L9.F! /5%! 89%3$15,! 5%! $! B./5%+4:5! 079%/-.! )*
+,-./-%/! E"/%-%! ,"1! +"::5%05,G! )7! /5.! 2%B..! 5%! /5,! .-,B%1"2! $! %5/52L4%5! 89%!
:B1,B%E52%5A5,F! +-3,! 9%2-."+-+L9.+:B1,B%G! H5,! E1"%! 92+$! 2L9%,! %5/5! 89%!!
+"::5%05,+:B1,B%E52%5A5,F! +-3,! 079%/-.! +"::5%05,! :-.! +,?%5+G! >$%! /5,! 2L51/5%!
+"::5%05,+:B1,B%! 7-%! /5,! .4/75./"2! $! 89%5,-! 5.! -72%5.+.".2F! /-! /5,! 8"..5+! 5.! 35.2/5!
,59%"! 92! B1":5! 89%+,$51+5%! Vq5+,%B3F! (\\^i! =-_9%,5F! (\\ei! T5-+9.F! (\\]i! PB%.5%! 92!
_"/259.F!(\\]i!q5"g:!5,!-1GF!(\\\i!T-+3B++5.!92!C75/B.2F!&'''i!=575+9.F!&''`i!H5Q9?F!
&''[i!SB/+9.F!&'']i!S9A:".+F!&''[F!5,gGWG!H5!B,7-12,5!:9.+5A,5.5!5%!7-12,!A$!E-:2%B..!
-7! -,! /5! -.,-+! $! 7I%5! %5157-.,5! 89%! 0-./1".2+34.+,5%5,! )*+,-./-%/! 92! :9.,5:+,5.! )*
+,-./-%/!9A5%5%5%!"..5.89%G!
!
732%&,88)#;).%
<52%5A5,!+"::5%05,!9AA8-,,5+!2L5%.5!+93!35%!5115%!3"./%5!+?.9.?3,!35/!E5+:?,,51+5F!
,%?2205,F!.4?-:,"205,F!2-%-.,"!92!89%7"++".2G!C"::5%05,!/58".5%5+!-7!CN>PRM!V&''&EW!+936!
XR7.5!,"1!$!B..2$!+:-/5!A$!5115%!,-A!-7!35..5+:5%F!?,%5!3"1L4!92!3-,5%"511!A$!2%B..!-7!
-:B,,5F!B,"1+":,5/5!05./51+5%!VB1?::5%mB0511W!5115%!:%"3".5115!0-./1".25%GX!
!
! ! 7'8211).!=!:!>)#$2! ! ! ! !
! (&!
@N=*SH<O*cc&H! V&'''W! /58".5%5%! +"::5%05,! A$! /5..5! 3$,5.6! rM%55/93! 8%93! ,09+5!
g9./","9.+! ,0-,! g-.! g-B+5! /5-,0F! ".LB%?F! 9ggBA-,"9.-1! "11.5++F! /-3-25! ,9! 9%! 19++! 98!
5sB"A35.,!9%!A%9A5%,?F!9%!/-3-25!,9!,05!5.7"%9.35.,GX!
!
C93! 3-.! +5%! B,! 8%-! /58"."+L9.5.5e! :-.! +"::5%05,! -.75./5+! E$/5! "! A%9-:,"7! 92! %5-:,"7!
+-335.05.2G! N! 89%5E?225./5! 05.+55./5! 0-./15%! /5,! 93! ,"1,-:! 92! -:,"7",5,5%! +93!
-.75./5+! 89%! $! %5/B+5%5! +-..+?.1"205,5.! 89%! 5.! B4.+:5,! 05./51+5G! <52%5A5,! :-.! 92+$!
E5.?,,5+!"!+-335.05.25%!/5%!3-.!+5,,5%!"..!,"1,-:!89%!$!%5/B+5%5!:9.+5:75.+5.5!-7!5.!
B4.+:5,!05./51+5G!_$!/5.!3$,5.!:-.!5.!+"!-,!+"::5%05,!5%!.I%,!:.?,,5,!,"1!%"+":9F!35.!-,!
/5,!5%!+.-::!93!,9!+"/5%!-7!+-335!+-:G!C,9%!2%-/!-7!+"::5%05,!89%E"./5+!35/!1",5.!%"+":9F!
E$/5! "! 89%091/! ,"1! +-..+?.1"205,! 89%! 5.! 2",,! 05./51+5F! +-3,! +-..+?.1"205,5.! 89%!
:9.+5:75.+5.5!-7!/5.!V)75.F!&'']WG!C"::5%05,!:-.!/5%35/!+5+!A$!+93!5.!,"1+,-./F!+93!
5,! 9%2-."+:! 85.935.! +93! +,-/"2! 7"1! 7I%5! "! 5./%".2F! -705.2"2! -7! 5:+53A517"+!
,5:.9192"+:5!+?+,535%F!35..5+:51"25!92!+9+"-15!8-:,9%5%F!9%2-."+-,9%"+:5!E5,".251+5%!92!
2%5.+5+.",,5.5!351193!/5G!C"::5%05,!:-.!92+$!+"5+!$!7I%5!5.!35.,-1!,"1+,-./!+93!"::5!
:-.!3$15+!%5.,!9EL5:,"7,!5115%!"!E5,?/.".25.!/'**!+"::5%05,F!92!+93!5%!.I%,!:.?,,5,!,"1!
/5.!5.:51,5+!9AA15751+5!92!%"+":9A5%+5A+L9.!V)75.F!&''eWG!
!
#"! :-.! A$7"%:5! +"::5%05,5.! 2L5..93! /5! 7-125.5! 7"! 2L4%! 92! /5! 0-./1".25.5! 7"! B,84%5%!
V)75.!5,!-1GF!&''cWG!N!/5,!+"::5%05,!5%!5.!4.+:5,!,"1+,-./!89%!5.!9%2-."+-+L9.F!89%/%5%!/5,,5!
57.5!,"1!$!B..2$!+:-/5%!92!,-A!2L5..93!E57"++,5!7-12!92!-:,"75!,"1,-:G!H5,!0-./15%!93!5.!
+,%5E5.! 5,,5%! $! 9AA.$! 5.! ,"1+,-./! -7! B8-%1"205,F! 89%B,+"2E-%05,! 92! A$1",51"205,! 5,,5%!
/58".5%,5! +"::5%05,+3$1F! +1":! -,! %"+":9! 15,,5%5! :-.! +,?%5+! 2L5..93! 5:+53A517"+!
A%92%-335%!89%!$!0$./,5%5!%"+":9!92!+"::5%05,i!+"::5%05,++,?%".2G!
!
C"::5%05,++,?%".2! :-.! /58".5%5+! +93! X-115! ,"1,-:! +93! "75%:+5,,5+! 89%! $! 9AA.$F!
9AA%5,,091/5!92!7"/5%5B,7":15!5,!+"::5%05,+."7$!"!975%5.++,53351+5!35/!/58".5%,5!3$1X!
V)75.!5,!-1GF!&''c6e]W!92!5%!/5%35/!5.!-:,"7",5,!+93!:-.!B,84%5+!35/!B1":5!7"%:53"/15%!
92! +,%-,52"5%G! C"::5%05,++,?%".2! :-.! 0-! %"+":9E-+5%,! 5115%! 05./51+5+E-+5%,! ,"1.I%3".2!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
e!H58"."+L9.5.5!/5::5%!E5225!/5!5.251+:5!E52%5A5.5!/'0)1?!92!/)@3$21?G!N!/5..5!9AA2-75.!7"1!L52!
:B.!,-!89%!352!/'0)1?*-+A5:,5,!92!B,51B::5%!/5%35/!7"115/5F!:%"3".5115!0-./1".25%G!H5..5!
9AA2-75.!0-%!92+$!0975/+-:51"2!89:B+!A$!+"::5%05,!"!A%9-:,"7!+-335.05.2G!
!
! ! 7'8211).!=!:!>)#$2! ! ! ! !
! (^!
VP".3-..+7":F!&'']WG!M4%+,.57.,5!0-%!5,!A%9-:,"7,!89:B+!92!5%!/5%35/!,"1,-:!+93!+4:5%!
$! %5/B+5%5! +-..+?.1"205,5.! 89%! -,! B4.+:5/5! 05./51+5%! 9AA+,$%G! R.! 05./51+5+E-+5%,!
,"1.I%3".2! 0-%! 89:B+! A$! ,"1,-:! 5,,5%! -,! 5.! B4.+:5,! 05./51+5! 0-%! "..,%B885,! 92! 0-./15%!
/5%89%! 93! E5%5/+:-A+,"1,-:! "! 89%3! -7! 7-%+1".2F! E5:L53A51+5F! %5/.".2F! 57-:B5%".2! 92!
.9%3-1"+5%".2!V)75.!5,!-1GF!&''cWG!
!
D,!"!8%-!/58"."+L9.5.!+5%!3-.!-,!+"::5%05,++,?%".2!0-./15%!93!/5!7-12!+93!89%!5:+53A51!
7"%:+9305,5%! 5115%! 3?./"205,5%! 89%5,-%! E-+5%,! A$! 35%! 5115%! 3"./%5! 938-,,5./5!
7B%/5%".25%! 89%! $! "7-%5,-! +"::5%05,5.G! #B%/5%".25.5! :-.! 7I%5! 35/! 2%B..1-2! "! E1-.,!
-..5,! ,5+,5%F! -.-1?+5%F! 7B%/5%".2! -7! %"+":9! 92! 5%8-%".25%G! )75.! 5,! -1G! V&''cW! +"5%! -,! 5.!
7":,"2! A%9+5++! "..5.89%! +"::5%05,++,?%".25.! 0-./15%! 93! $! 8"..5! 7"%:53"/15%! +93! 5%!
,"1A-++5,! %-335E5,".251+5%! 92! :%-7F! 92! +93! 5%! E5+,! 3B1"2! 35/! 05.+?.! ,"1! +"::5%05,F!
4:9.93"! 92! -./%5! 89%091/G! C"::5%05,++,?%".2! 5%! 5.! A$2$5./5! 92! :9.,".B5%1"2! -:,"7",5,!
+93! 8-115%! "..! B./5%! E$/5! A1-.1522".2! 92! A%9+L5:,5%".2! -7! 5.! 7"%:+9305,F! +-3,! B./5%!
/%"8,+*!92!-77":1".2+8-+5.G!!
!
H5,! 5%! 7-%"5%5./5! 9AA8-,.".25%! -7! 079%/-.! +"::5%05,! E5+,! :-.! 9AA.$+G!T5-+9.! V(\\]W!
75:,15225%!5./%".2!-7!35..5+:5,+!9%2-."+-,9%"+:5!92!8?+"+:5!932"751+5%!89%!$!%5/B+5%5!
85"10-./1".25%6!
rq9%:A1-g5+!-./!9%2-."k-,"9.+!-%5!5-+"5%!,9!3-.-25!,0-.!,05!3"./+!98!"./"7"/B-1!
j9%:5%+G! b9B! g-..9,! g0-.25! ,05! 0B3-.! g9./","9.F! EB,! ?9B! g-.! g0-.25! ,05!
g9./","9.+! B./5%! j0"g0! A59A15! j9%:G! N.! +09%,F! ,05! +91B,"9.+! ,9! 39+,! 0B3-.!
A5%89%3-.g5!A%9E153+!-%5!,5g0."g-1!%-,05%!,0-.!A+?g09192"g-1X!V+G!&&^*&&`WA!
!
T5-+9.! V(\\]W! A1-++5%5%! 05%! +"::5%05,! 92! +"::5%05,++,?%".2! "..! "! 5.! 9%2-."+-,9%"+:! 92!
8?+"+:! :9.,5:+,G! H5,,5! 5%! 92+$! 05.+":,5.! "! /5.! 7"/5%5! A%5+5.,-+L9.5.! -7! ,59%"G! D./5%!
84125%!/5%89%!5.!A%5+5.,-+L9.!-7!:B1,B%E52%5A5,F!+-3,!9%2-."+-+L9.+:B1,B%G!
!
736%8-0.-#%"+%"#+'*,&'&<"*&8-0.-#%
73632%8-0.-#/)+#)4).%
OB1,B%E52%5A5,! :-.! +"5+! $! 7I%5! 5,! :93A1"+5%,! 92! /5E-,,5%,! E52%5Ai! /5,! 8"..5+! 3-.25!
B1":5! 35.".25%! 93! 92! 89%+,$51+5%! -7! :B1,B%E52%5A5,! 92! /58"."+L9.5.! -7! /5,! VS?11-./!
! ! 7'8211).!=!:!>)#$2! ! ! ! !
! (`!
R%":+5.!92!<%5"7":F!&''eWG!H5,!+5%!1":5751!B,!,"1!$!7I%5!5."205,!93!-,!:B1,B%!0975/+-:51"2!
5%!+9+"-1,F!-,!/5,!5%!1I%,!92!"::5!.95!+93!5%!35/84/,!VCg0"58195F!(\\\WG!OB1,B%E52%5A5,!
0-%! 9AA%"..51+5! 8%-! +9+"-1-.,%9A9192"5.! 92! %9335%! E52%5A5%! +93! 75%/"5%F! +:"::5%F!
35.".25%F! .9%35%F! :B..+:-AF! +A%$:F! 7I%53$,5%! 92! ,%9+89%5+,"11".25%G! N..5.89%! /5,,5!
8-2851,5,!0-%!3-.!5.!E%5/!89%+,$51+5!-7!:B1,B%!92!,%-/"+L9.!89%!$!"..E58-,,5!-115!-+A5:,5%!
+93!"::5!5%!*'13$!V<-B3-.!92!@-?F!&''`WG!<52%5A5,!:-.!/5%35/!,"115225+!5.!35.2/5!
E5,?/.".25%F! 35.! /5! B1":5! 8-2/"+"A1".5%! +5%! B,! ,"1! $! 75:,15225! :B1,B%5.+! E5,?/.".2! 89%!
/-..51+5!-7!"/5.,",5,F!89%+,$51+5!-7!:9.,5:+,!92!7"%:51"205,+9AA8-,,51+5G!OB1,B%!"!+52!+517!
5%!"::5!.95!8?+"+:!92!:9.:%5,F!35.!:B1,B%5115!B,+1-2!:9335%!,"1!+?.5!+93!5.!84125!-7!,".2!
+93!X0-%!+-,,!+52!"!%?223-%25.X!92!/5,!+93!15225+!,"1!2%B..!89%!525.!-,85%/!V<-.2F!(\\[WG!
!
73636%"#+'*,&'&<"*&8-0.-#%
Z%2-."+-+L9.+:B1,B%!5%!5,!89:B+5%,!-+A5:,!92!5,!B,+.",,!-7!5.!:B1,B%F!B,7":15,!"..5.89%!5.!
9%2-."+-+L9.+35++"2!+-335.05.2G!#5/!$!89:B+5%5!A$!92!+,B/5%5!9%2-."+-+L9.+:B1,B%!7"1!
3-.! E51?+5! %5157-.,5! 92! 7":,"25! 89%091/! "..5.89%! 5.! 9%2-."+-+L9.i! "! /5..5!
+-335.05.25.! +"::5%05,+-+A5:,5,G! t! 8$! :B..+:-A! 93! 9%2-."+-+L9.+:B1,B%5.! 5%! 7":,"2!
89%!$!:B..5!E51?+5!07-!+93!8%5335%!5115%!05335%!+"::5%05,G!!
!
Z%2-."+-+L9.5.+! .9%35%F! 7"%:51"205,+9AA8-,.".25%F! 75%/"5%! 92! +-30-./1".2! 351193!
35/15335.5! "! 9%2-."+-+L9.5.! 5%! 7":,"25! 51535.,5%! "! 5.! 9%2-."+-+L9.+:B1,B%G! <-.2!
V(\\[W! 0-%! +-335.8-,,5,! 5.! /58"."+L9.! -7! 9%2-."+-+L9.+:B1,B%! A$! 84125./5! 3$,56!
XZ%2-."+-+L9.+:B1,B%! 5%! /5! +5,,! -7! 85115+! -.,-,,5! .9%35%F! 75%/"5%! 92!
7"%:51"205,+9AA8-,.".25%! +93! B,7":15%! +52! "! 5.! 9%2-."+-+L9.! .$%! 35/15335.5!
+-30-./15%!35/!075%-./%5!92!932"751+5.5X!V+G!&^WG!
!
Z%2-."+-+L9.+:B1,B%!:-.!92+$!/58".5%5+!+$!25.5%51,!+936!X,05!j-?!j5!/9!,0".2+!-%9B./!
05%5X!VH5-1!92!O5..5/?F!&'''6`WG!H58"."+L9.5.!:-.!:%","+5%5+!89%!$!7I%5!1",5!+A5+"8"::!92!
:9.:%5,! 35/! 05.091/! ,"1! 07-! +93! +:-1! ".:1B/5%5+! 92! "::5! "! :B1,B%E52%5A5,G! H5.! +":,5%!
1":5751!,"1!5.!2%BAA5+!3$,5!$!2L4%5!,".25.5!A$i!0-./1".2+34.+,5%F!075%/-2+1"25!B,,%?::!
89%!-%E5"/+A%-:+"+!U!9E+5%75%E-%!-,85%/F!:9%,!+-2,G!
!
C517!93!/58"."+L9.5.5!5%!B1":5F!E$/5!"!"..091/F!89%3!92!A%5+"+L9.F!8-.25%!/5!E5225!9AA!5,!
7":,"2! A95.2! 35/! 9%2-."+-+L9.+:B1,B%G! Z%2-."+-+L9.+:B1,B%! 0-./15%! 93! 3-."85+,5%,5!
! ! 7'8211).!=!:!>)#$2! ! ! ! !
! ([!
75%/"5%F! 35.".25%! 92! .9%35%F! +93! :9335%! ,"1! B,,%?::! 2L5..93! 35/15335.5+!
0-./1".25%!92!932-.2!35/!075%-./%5G!
!
H5,! $! A%525! 5.! 9%2-."+-+L9.+:B1,B%! :-.! 89%52$! A$! 3-.25! B1":5! 7"+G! PB%.5%! 92! _"/259.!
V(\\]W!A$A5:5%!-,!5.!29/!+"::5%05,+:B1,B%!3$!0-!5.!15/51+5!+93!A%"9%",5%5%!+"::5%05,!
92! +93! 8%5335%! 5.! :9.,".B5%1"2! %5815:+L9.! 93:%".2! 525.! 7"%:+9305,F! E1-.,! -..5,!
2L5..93! -.-1?+5%! 92! +?+,535%! 89%! ,"1E-:5351/".2G! =5/51+5.! 3$! 9AA,%5! +93!
%911539/5115%!89%!%5+,5.!-7!9%2-."+-+L9.5.G!H5Q9?!V&''[W!92!T"g0,5%!92!O9g0!V&''`W!+5%!
A$!,"11",!+93!5.!7":,"2!8-:,9%!"!+"::5%05,+:B1,B%5.G!R.!.4::51:93A9.5.,!5%!-,!/5!-.+-,,5!
0-%! ,%9! A$! 15/51+5.+! 525.+:-A5%G! CA%":! 351193! 15/51+5.+! 92! /5! -.+-,,5+! 9AA8-,.".2! -7!
+"::5%05,!7"1!A$7"%:5!/51".25.!-7!".89%3-+L9.!351193!/5!B1":5!9%2-."+-,9%"+:5!."7$5.5G!
R.!15/51+5!+93!/5::5%!975%!85"1!/5!"::5!-.+5%!+93!%5157-.,5!7"1!"::5!9AA.$!/5!-.+-,,5+!
,"11",F!.95!+93!7"/5%5!7"1!0"./%5!25.5%5%".2!92!/51".2!-7!".89%3-+L9.G!P0-%-1/+5.!V&'((W!
75:,15225%!92+$!,"11",+E52%5A5,G!N!+".!/9:,9%-70-./1".2!/%48,5%!0B.!/?.-3"::5.!351193!
,"11",F! 3"+,"11",! 92! +"::5%05,! 92! A5:5%! A$! -,! /5,! 5%! E5097! 89%! E$/5!03*</B#*)..! 12..21! 92!
03*</B#*)..!(2/12..21G!
%
T9.! q5+,%B3! V(\\^W! +:"115%! 351193! X29/05,5.X! -7! B1":5! :B1,B%5%! 2L5..93! 3$,5.!
9%2-."+-+L9.5%! 15225%! 75:,! A$! 92! -.75./5%! +"::5%05,+%51-,5%,! ".89%3-+L9.G! S-.! 0-%!
B,7":15,!,%5!:B1,B%,?A9192"5%!+93!0-.!93,-15%!+93!A-,9192"+:*F!E?%$:%-,"+:*!92!25.5%-,"7!
:B1,B%G! H5.! A-,9192"+:5! :B1,B%5.! 5%! 5.! :B1,B%! +93! "::5! 4.+:5%! ".89%3-+L9.! 92! /5%! 85"1!
+,%-885+!5115%!/5::5+!975%G!H5.!E?%$:%-,"+:5!:B1,B%5.!:-.!93,-15+!+93!5.!%5-:,"7!:B1,B%G!
H5.!89%091/5%!+52!A-++"7,!,"1!+"::5%05,+%51-,5%,!".89%3-+L9.!92!+5%!A$!.?5!"/55%!+93!5,!
A%9E153! Vq5+,%B3! 92! )/-3+:"F! &''\WG! H5.! 25.5%-,"75! :B1,B%5.! 5%! 5.! A%9-:,"7! :B1,B%!
+93!5%!"!+,-/"2!B,7":1".2!35/!05.+?.!,"1!+"::5%05,G!H5.!9AA89%/%5%!,"1!:933B.":-+L9.!92!
+5179%2-."+5%".2G!#"/5%5!4.+:5%!/5.!.?5!"/55%!751:9335.!92!+4:5%!".89%3-+L9.!-:,"7,G!
>$%!+?+,535,!.$!92!/-!25.5%5%5%!5,!1-,5.,!A-,925.]F!5%!/5,!+-..+?.1"2!-,!A%9E1535,!7"1!E1"!
9AA/-25,!92!8":+5,!V"E"/GWG!!
!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
]!q5+,%B3!92!)/-3+:"!V&''\W!%585%5%!05%!,"1!T5-+9.!V(\\]W!92!.'1)*1!@#*%212#*/F!+93!5%!
B9AA/-25/5!85"1!2%B..5,!89%!5:+53A51!/$%1"2!/5+"2.F!75/1":5091/+85"1!5115%!B05.+":,+35++"25!
A%9+5/?%5%G!
! ! 7'8211).!=!:!>)#$2! ! ! ! !
! (e!
H5,! 0-%! B,7":15,! +52! ,9! B1":5! 0975/,"1.I%3".25%! ,"1! 9%2-."+-+L9.+:B1,B%E52%5A5,G! H"++5!
930-./15%!+?.5,!A$!93!9%2-."+-+L9.+:B1,B%5.!5%!.95!5.!9%2-."+-+L9.!-'$!5115%!.95!5.!
9%2-."+-+L9.!)$!*!/5.!03*</B#*'.2/12/<)!92!/5.!0#$1#.<)*%)!,"1.I%3".25.!VK15./9.!5,!-1GF!
&''eW6!
!
* H5.! 8B.:+L9.-1"+,"+:5! ,"1.I%3".25.! %5A%5+5.,5%5%! 84%+,.57.,5! +?.! U! -,!
9%2-."+-+L9.+:B1,B%!5%!.95!5.!9%2-."+-+L9.!-'$G!P"1.I%3".25.!5%!5,!B,,%?::!89%!
5.! X1#8! %#C*X! ,"1.I%3".2G! OB1,B%! E5,%-:,5+! +93! 5,! +,?%".2+75%:,4?! /5%! 5.!
2L5..93! $! A$7"%:5! 92! 5./%5! -,85%/! 92+$! 5./%5%! 9%2-."+-+L9.+:B1,B%5.! V"E"/GWG!
T5-+9.!V(\\]W!92!S9A:".+!V&''[W!5%!%5A%5+5.,-.,5%!89%!/5,,5!+?.5,F!+93!35.5%!
-,!+"::5%05,+:B1,B%!E1"%!+9+"-1,!:9.+,%B5%,!92!/5%35/!5./%5,!,"1!5.!:B1,B%!+93!:-.!
%5+B1,5%5!"!89%E5/%5,!B,84%51+5!%51-,5%,!,"1!+"::5%05,+35++"25!-+A5:,5%G!!
* H5.! 89%,91:5./5! ,"1.I%3".25.! -%2B35.,5%5%! 89%! -,! 9%2-."+-+L9.+:B1,B%5.! 5%! 5,!
:93A15:+,!85.935.!E5+,$5./5!-7!+9+"-15!2%BAA5%".25%F!+93!0975/+-:51"2!,L5.5%!
+93!5,!%5/+:-A!89%!9%2-."+-+L9.5.+!35/15335%+!89%,91:.".2!-7!/5%5+!:9115:,"75!
"/5.,",5,F! ,%9! 92! -,85%/! VK15./9.! 5,! -1GF! &''eWG! N! ,"1.I%3".25.! 1"225%! /5,! -,!
+"::5%05,+:B1,B%!"::5!+$!5.:51,!:-.!B,7":15+F!5./%5+!5115%!3-."AB15%5+G!!
!
S5%! 5%! /5.! 8B.:+L9.-1"+,"+:5! ,"1.I%3".25.! 7-12,! 89%! $! E51?+5! 92! E5+7-%5!
A%9E153+,"11".25.G! KL5..93! +,B/"5.! 5%! +"::5%05,+:B1,B%! E50-./15,! +93! .95! +93! :-.!
+,?%5+G! MB.:+L9.-1"+,"+:5! -+A5:,5%! 75/! 5.! 9%2-."+-+L9.+! +"::5%05,+:B1,B%! 8%53:-115+!
2L5%.5!75/!"..84%".2!-7!A%-:+"+!89%!%"+":9+,?%".2F!92!/5,!5%!/5%35/!/5..5!,"1.I%3".25.!
+93!-.+5+!89%!$!7I%5!35+,!%5157-.,!89%!B./5%+4:51+5.G!!
!
737%&,88)#;).&8-0.-#%%
N..5.89%! +"::5%05,+,59%"! +5%! /5,! B,! ,"1! 7I%5! B,+,%-:,! 5."205,! 93! -,! 5.! A9+","7!
+"::5%05,+:B1,B%!5%!5.!89%B,+5,.".2!89%!$!:B..5!0$./,5%5!+"::5%05,+%"+":95%!A$!5.!29/!
3$,5!VK15./9.!5,!-1GF!&''eWG!P05!N.,5%.-,"9.-1!),93"g!R.5%2?!)25.g?!V&''&WF!N)R)F!+5%!
A$! +"::5%05,+:B1,B%! +93! 5,! 2%B..1-2! 89%! 9A5%-+L9.511! +"::5%05,! "! 5.! 9%2-."+-+L9.G!
C"::5%05,+:B1,B%! E5,%-:,5+! 2L5%.5! +93! 5,! 89:B+5%,! -+A5:,! -7! 9%2-."+-+L9.+:B1,B%! 5115%!
+93! 5,,! 51535.,! "..5.89%! 9%2-."+-+L9.+:B1,B%5.! +93! 05105,! VT"g0,5%! 92! O9g0F! &''`WG!
! ! 7'8211).!=!:!>)#$2! ! ! ! !
! (]!
C"::5%05,+:B1,B%!E1"%!/5%35/!/5.!/515.!-7!9%2-."+-+L9.+:B1,B%!+93!0-%!35/!+"::5%05,!$!
2L4%5G!
!
D1":5! 89%8-,,5%5! +5%! 89%+:L511"2! A$! +"::5%05,+:B1,B%! 92! 2%-/5.! -7! 85115+,%5::! 75/!
+"::5%05,+:B1,B%5.! "! 5.! 9%2-."+-+L9.G! q5+,%B3! 92! )/-3+:"! V&''\W! A5:5%! A$! B1":5!
7-%"-.,5%! -7! :B1,B%5.! "! 5.! 9%2-."+-+L9.F! E1-.,! -..5,! +93! 5.! 84125! -7! B1":! E-:2%B..F!
5%8-%".2F!19:-15!89%091/!5115%!B1":5!15/5%5G!T"g0,5%!92!O9g0!V&''`W!8"..5%!"!+".!+,B/"5!-,!
/5,!"::5!5%!3B1"2!$!9AA/-25!5.!+-315./5F!:9.+"+,5.,!:B1,B%!+93!89%5.5%!9%2-."+-+L9.5.+!
35/15335%!35/!05.091/!,"1!+"::5%05,+%51-,5%,5!+A4%+3$1G!R.!-..5.!,?A5!8%-235.,5%".2!
8"..5%!92+$!K05%-%/"!5,!-1G!V(\\cWG!H5!A5:5%!A$!-,!/5,!9AA+,$%!B89%5.1"205,5%!"!89%091/!,"1!
,-.:5.!93!5.!85115+!+"::5%05,+:B1,B%!92!-,!/5!89%+:L511"25!!-%E5"/+85115++:-A5.5!2L5..93!
B1":5! 89%,91:.".2+A5%+A5:,"7! B,7":15%! B1":5! $%+-:+,59%"5%! 35/! 05.091/! ,"1!
+"::5%05,+A%9E1535%!92!%"+":9G!H5!-%2B35.,5%5%!/5%35/!89%!-,!9%2-."+-+L9.5.!3$!+55+!
+93! 05105,! "! 89%091/! ,"1! A%53"++5%! 89%! E5+1B,.".2+,-:".2F! 92! 15225%! 75:,! A$!
:933B.":-+L9.!351193!/5!B1":5!-%E5"/+85115++:-A5.5!89%!$!8%5335!B,75:+1".2!-7!B1":5!
A5%+A5:,"7!U!92!/5%35/!A$84125./5!1I%".2G!
!
H58"."+L9.5.5! -7! +"::5%05,+:B1,B%! 0-%! ,"1! /51+! B1":,! "..091/! 92! E5,?/.".2! 92! /5,! 5%!
7-.+:51"2! $! 8"..5! 5.! /58"."+L9.! +93! 5%! 9389%5.,! "..5.89%! ,59%"! 93! +"::5%05,+:B1,B%G!
<52%5A5,!+"::5%05,+:B1,B%!E15!-.75./,!84%+,5!2-.2!"!N.,5%.-,"9.-1!),93"g!R.5%2?!)25.g?!
+".!%-AA9%,!5,,5%!P+L5%.9E?1*B1?::5.!"!(\ceF!/5%!5,!+5.,%-1,!$%+-:+89%091/!E15!,"1+:%575,!
+-335.E%B//! "! 9%2-."+-+L9.5.+! +"::5%05,+:B1,B%! VK15./9.! 5,! -1GF! &''eWG! R,,5%! /5.! ,"/!
0-%! 89%+:.".2! 7"+,! -,! ".,5%-:+L9.5.! 351193! 35..5+:5%! 92! 9%2-."+-+L9.5.! "! 5,!
+9+"9,5:."+:!+?+,53!5%!-72L4%5./5!89%!079%7"/,!B1?::5%!9AA+,$%!5115%!"::5!V_"/259.!92!
Zu=5-%?F! &'''WG! OB1,B%! 0-%! +"/5.! /5.! ,"/! E1",,! +5,,! A$! +93! 5.! -72L4%5./5! 8-:,9%! 89%! $!
+:-A5!%9EB+,5!92!+":%5!9%2-."+-+L9.5%!VT5-+9.F!(\\]WG!
!
R.! -1135.,! :L5.,! /58"."+L9.c! A$! +"::5%05,+:B1,B%! :9335%! 8%-! S5-1,0! -./! C-85,?!
h933"++"9.F!)hC>N!"!C,9%E%",-.."-6!!
!
XP05! +-85,?! gB1,B%5! 98! -.! 9%2-."+-,"9.! "+! ,05! A%9/Bg,! 98! "./"7"/B-1! -./! 2%9BA!
7-1B5+F! -,,",B/5+F! A5%g5A,"9.+F! g93A5,5.g"5+F! -./! A-,,5%.+! 98! E50-7"9B%! ,0-,!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
c!H58"."+L9.5.!5%!975%+-,,!,"1!.9%+:!"!)75.!5,!-1GF!&''c!+G!^`!
