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EX-99.1 - EXHIBIT 99.1 - Sila Realty Trust, Inc.exhibit991-q32020earningsr.htm
8-K - 8-K - Sila Realty Trust, Inc.asrt11172020q32020ersupple.htm
EXHIBIT 99.2


 
&KUENQUWTGU (QTYCTF.QQMKPI5VCVGOGPVU %GTVCKPUVCVGOGPVUEQPVCKPGFJGTGKPQVJGTVJCPJKUVQTKECNHCEVOC[DGEQPUKFGTGFbHQTYCTFNQQMKPIUVCVGOGPVUcYKVJKPVJGOGCPKPIQH5GEVKQP#QHVJG5GEWTKVKGU #EVQHCUCOGPFGFCPF5GEVKQP'QHVJG5GEWTKVKGU'ZEJCPIG#EVQHCUCOGPFGFCPFCTGKPVGPFGFVQDGEQXGTGFD[VJGUCHGJCTDQTRTQXKFGFD[VJGUCOG 6JGUGUVCVGOGPVUCTGDCUGFQPOCPCIGOGPVaUEWTTGPVGZRGEVCVKQPUCPFDGNKGHUTGICTFKPIQRGTCVKQPCNUVTCVGIKGUCPVKEKRCVGFGXGPVUCPFVTGPFUVJGGEQPQO[CPFQVJGT HWVWTGEQPFKVKQPUCPFCTGUWDLGEVVQCPWODGTQHVTGPFUCPFWPEGTVCKPVKGU0QHQTYCTFNQQMKPIUVCVGOGPVKUKPVGPFGFVQPQTUJCNNKVUGTXGCUCIWCTCPVGGQHHWVWTG RGTHQTOCPEG;QWECPKFGPVKH[VJGHQTYCTFNQQMKPIUVCVGOGPVUD[VJGWUGQHYQTFUUWEJCUbCPVKEKRCVGcbDGNKGXGcbEQPVKPWGcbEQWNFcbGUVKOCVGcbGZRGEVcbKPVGPFc bOC[cbQWVNQQMcbRNCPcbRQVGPVKCNcbRTGFKEVcbRTQLGEVcbUGGMcbUJQWNFcbYKNNcCPFQVJGTUKOKNCTVGTOUCPFRJTCUGUKPENWFKPITGHGTGPEGUVQCUUWORVKQPUCPFHQTGECUVU QHHWVWTGTGUWNVU(QTYCTFNQQMKPIUVCVGOGPVUCTGUWDLGEVVQXCTKQWUTKUMUCPFWPEGTVCKPVKGUCPFHCEVQTUVJCVEQWNFECWUGCEVWCNTGUWNVUVQFKHHGTOCVGTKCNN[HTQOVJG EQORCP[aUGZRGEVCVKQPUCPFKPXGUVQTUUJQWNFPQVTGN[QPHQTYCTFNQQMKPIUVCVGOGPVUUKPEGVJG[KPXQNXGMPQYPCPFWPMPQYPTKUMUWPEGTVCKPVKGUCPFQVJGTHCEVQTU YJKEJCTGKPUQOGECUGUDG[QPFVJGEQORCP[aUEQPVTQNCPFEQWNFOCVGTKCNN[CHHGEVVJGEQORCP[aUTGUWNVUQHQRGTCVKQPUHKPCPEKCNEQPFKVKQPECUJHNQYURGTHQTOCPEG QTHWVWTGCEJKGXGOGPVUQTGXGPVUKPENWFKPIVJQUGFGUETKDGFWPFGTVJGUGEVKQPGPVKVNGF2CTV++VGO#b4KUM(CEVQTUc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b4KUM(CEVQTUcQHQWT#PPWCN4GRQTVQP(QTO-CPFUWDUGSWGPV SWCTVGTN[TGRQTVUCUYGNNCUVJGTKUMUUGVHQTVJCDQXGCUDGKPIJGKIJVGPGFCUCTGUWNVQHVJGQPIQKPICPFPWOGTQWUCFXGTUGKORCEVUQHVJG%18+&RCPFGOKE#FFKVKQPCN HCEVQTUKPENWFGVJGQPIQKPIEQUVUVQQRGTCVGVJGEQORCP[QPCPKPVGTPCNK\GFDCUKUYJKEJKHJKIJGTVJCPCPVKEKRCVGFEQWNFTGFWEGVJGRQVGPVKCNEQUVUCXKPIUUQWIJVKP VJGKPVGTPCNK\CVKQPVTCPUCEVKQPCPFQVJGTHCEVQTUKPENWFKPIVJQUGFGUETKDGFWPFGTVJGUGEVKQPGPVKVNGF2CTV++VGO#b4KUM(CEVQTUcQHQWT#PPWCN4GRQTVQP(QTO -CPFUWDUGSWGPVSWCTVGTN[TGRQTVU6JGEQORCP[WPFGTVCMGUPQQDNKICVKQPVQRWDNKEN[WRFCVGQTTGXKUGCP[HQTYCTFNQQMKPIUVCVGOGPVYJGVJGTCUCTGUWNVQHPGY KPHQTOCVKQPHWVWTGGXGPVUQTQVJGTYKUGGZEGRVCUTGSWKTGFD[NCY5GG2CTV++VGO#b4KUM(CEVQTUc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aUCWFKVGFEQPUQNKFCVGFHKPCPEKCNUVCVGOGPVU CPFVJGPQVGUVJGTGVQ KPENWFGFKPVJG#PPWCN4GRQTVQP(QTO-HQTVJG[GCTGPFGF&GEGODGTCUHKNGFYKVJVJG5'%QP/CTEJ 5GGVJGINQUUCT[HQTCFGUETKRVKQPQHVJGEQORCP[ UPQP)##2HKPCPEKCNCPFQRGTCVKPIOGVTKEU


 
5WRRNGOGPVCN+PHQTOCVKQPCUQH5GRVGODGT 5GEVKQP  2CIG 3WCTVGTN[(KPCPEKCN5WOOCT[d (KPCPEKCN5VCVKUVKEUCPF4CVKQU  %QPFGPUGF%QPUQNKFCVGF$CNCPEG5JGGVU  %QPFGPUGF%QPUQNKFCVGF5VCVGOGPVUQH%QORTGJGPUKXG+PEQOG .QUU   ((1/((1CPF#((1d  '$+6&#CPF'$+6&#TG 0GV1RGTCVKPI+PEQOG 01+   5COG5VQTG01+CPF1EEWRCPE[6TGPFU &GDV  #ESWKUKVKQPUCPF&KURQUKVKQPU  2TQRGTV[/CR  &KXGTUKHKECVKQP5VCVKUVKEU  2QTVHQNKQ  )NQUUCT[ 5GGVJGINQUUCT[HQTCFGUETKRVKQPQHVJGEQORCP[ UPQP)##2HKPCPEKCNCPFQRGTCVKPIOGVTKEU


 
3WCTVGTN[(KPCPEKCN5WOOCT[ FQNNCTUKPVJQWUCPFUGZEGRVUJCTGFCVCCPFRGTUJCTGCOQWPVU 6JGHQNNQYKPIVCDNGUUWOOCTK\GVJGEQORCP[ USWCTVGTN[HKPCPEKCNTGUWNVUCPFRQTVHQNKQOGVTKEU 6JTGG/QPVJU'PFGF (KPCPEKCN4GUWNVU 5GRVGODGT ,WPG /CTEJ &GEGODGT 5GRVGODGT      4GPVCNTGXGPWG           0GVKPEQOG NQUU CVVTKDWVCDNGVQEQOOQPUVQEMJQNFGTU           0GVKPEQOG NQUU CVVTKDWVCDNGVQEQOOQPUVQEMJQNFGTURGT DCUKECPFFKNWVGFUJCTG           '$+6&#TG           ((1CVVTKDWVCDNGVQEQOOQPUVQEMJQNFGTU           ((1CVVTKDWVCDNGVQEQOOQPUVQEMJQNFGTURGTFKNWVGFUJCTG           /((1CVVTKDWVCDNGVQEQOOQPUVQEMJQNFGTU           /((1CVVTKDWVCDNGVQEQOOQPUVQEMJQNFGTURGTFKNWVGFUJCTG           #((1CVVTKDWVCDNGVQEQOOQPUVQEMJQNFGTU           #((1CVVTKDWVCDNGVQEQOOQPUVQEMJQNFGTURGTFKNWVGFUJCTG           9GKIJVGFCXGTCIGUJCTGUQWVUVCPFKPIFKNWVGF      6JTGG/QPVJU'PFGF 2QTVHQNKQ/GVTKEU 5GRVGODGT ,WPG /CTEJ &GEGODGT 5GRVGODGT      0WODGTQHRTQRGTVKGU      4GPVCDNGUSWCTGHGGV KPVJQWUCPFU      9GKIJVGFCXGTCIGTGPVGUECNCVKQP      9GKIJVGFCXGTCIGQEEWRCPE[      9GKIJVGFCXGTCIGTGOCKPKPINGCUGVGTO [GCTU [GCTU [GCTU [GCTU [GCTU 5GGVJGINQUUCT[HQTCFGUETKRVKQPQHVJGEQORCP[ UPQP)##2HKPCPEKCNCPFQRGTCVKPIOGVTKEU 2CIG


 
(KPCPEKCN5VCVKUVKEUCPF4CVKQU FQNNCTUKPVJQWUCPFUGZEGRVRGTUJCTGCOQWPVU 6JTGG/QPVJU'PFGF #FLWUVGF+PVGTGUV%QXGTCIG4CVKQ 5GRVGODGT ,WPG /CTEJ &GEGODGT 5GRVGODGT      +PVGTGUVGZRGPUGCFLWUVGF           '$+6&#      #FLWUVGFKPVGTGUVEQXGTCIGTCVKQ  Z  Z  Z  Z  Z #UQH 0GV&GDV4CVKQU 5GRVGODGT ,WPG /CTEJ &GEGODGT 5GRVGODGT      2TKPEKRCNFGDVQWVUVCPFKPI           .GUUECUJCPFECUJGSWKXCNGPVU      0GVFGDV      '$+6&#TGCPPWCNK\GF      0GVFGDVVQ'$+6&#TGTCVKQ  Z  Z  Z  Z  Z 0GVFGDV           (CKTOCTMGVXCNWGQHTGCNGUVCVGKPXGUVOGPVU      0GVFGDVNGXGTCIGTCVKQ           (KPCPEKCN/GVTKEU #UQH5GRVGODGT 1VJGT-G[/GVTKEU #UQH5GRVGODGT 0GVFGDVNGXGTCIGTCVKQ   6QVCNTGCNGUVCVGKPXGUVOGPV   0GVFGDVVQ'$+6&#TGTCVKQ  Z 0GVCUUGVXCNWGRGTUJCTG   #FLWUVGFKPVGTGUVEQXGTCIGTCVKQ  Z %NCUU#CPPWCNK\GFFKUVTKDWVKQPRGTUJCTG   .KSWKFKV[   %NCUU+CPPWCNK\GFFKUVTKDWVKQPRGTUJCTG   %NCUU6CPPWCNK\GFFKUVTKDWVKQPRGTUJCTG   %NCUU6CPPWCNK\GFFKUVTKDWVKQPRGTUJCTG    '$+6&#TGKUCPPWCNK\GFDCUGFQPCEVWCNSWCTVGT'$+6&#TG  .KSWKFKV[TGRTGUGPVUECUJCPFECUJGSWKXCNGPVUQHOKNNKQPCPFDQTTQYKPIDCUGCXCKNCDKNKV[QPVJGEQORCP[aUETGFKVHCEKNKV[QHOKNNKQPCUQH5GRVGODGT  6JGGUVKOCVGFPGVCUUGVXCNWGRGTUJCTGYCUECNEWNCVGFCUQH1EVQDGT 5GGVJGINQUUCT[HQTCFGUETKRVKQPQHVJGEQORCP[ UPQP)##2HKPCPEKCNCPFQRGTCVKPIOGVTKEU 2CIG


 
%QPFGPUGF%QPUQNKFCVGF$CNCPEG5JGGVU FQNNCTUKPVJQWUCPFUGZEGRVUJCTGFCVC 7PCWFKVGF 5GRVGODGT &GEGODGT   #55'65 4GCNGUVCVG .CPF     $WKNFKPIUCPFKORTQXGOGPVUNGUUCEEWOWNCVGFFGRTGEKCVKQPQHCPFTGURGEVKXGN[   %QPUVTWEVKQPKPRTQITGUU   6QVCNTGCNGUVCVGPGV   %CUJCPFECUJGSWKXCNGPVU   #ESWKTGFKPVCPIKDNGCUUGVUNGUUCEEWOWNCVGFCOQTVK\CVKQPQHCPFTGURGEVKXGN[   )QQFYKNN  e 4KIJVQHWUGCUUGVUQRGTCVKPINGCUGU   4KIJVQHWUGCUUGVUHKPCPEGNGCUGU  e 0QVGUTGEGKXCDNGPGV   1VJGTCUUGVUPGV   6QVCNCUUGVU     .+#$+.+6+'5#0&561%-*1.&'45a'37+6; .KCDKNKVKGU 0QVGURC[CDNGPGVQHFGHGTTGFHKPCPEKPIEQUVUQHCPFTGURGEVKXGN[     %TGFKVHCEKNKV[PGVQHFGHGTTGFHKPCPEKPIEQUVUQHCPFTGURGEVKXGN[   #EEQWPVURC[CDNGFWGVQCHHKNKCVGU e  #EEQWPVURC[CDNGCPFQVJGTNKCDKNKVKGU   #ESWKTGFKPVCPIKDNGNKCDKNKVKGUNGUUCEEWOWNCVGFCOQTVK\CVKQPQHCPFTGURGEVKXGN[   1RGTCVKPINGCUGNKCDKNKVKGU   (KPCPEGNGCUGNKCDKNKVKGU  e 6QVCNNKCDKNKVKGU   5VQEMJQNFGTUaGSWKV[ 2TGHGTTGFUVQEMRCTXCNWGRGTUJCTGUJCTGUCWVJQTK\GFPQPGKUUWGFCPFQWVUVCPFKPI e e %QOOQPUVQEMRCTXCNWGRGTUJCTGUJCTGUCWVJQTK\GFCPF UJCTGUKUUWGFTGURGEVKXGN[CPFUJCTGUQWVUVCPFKPITGURGEVKXGN[   #FFKVKQPCNRCKFKPECRKVCN   #EEWOWNCVGFFKUVTKDWVKQPUKPGZEGUUQHGCTPKPIU   #EEWOWNCVGFQVJGTEQORTGJGPUKXGNQUU   6QVCNUVQEMJQNFGTUaGSWKV[   0QPEQPVTQNNKPIKPVGTGUVU e 6QVCNGSWKV[   6QVCNNKCDKNKVKGUCPFUVQEMJQNFGTUaGSWKV[     5GGVJGINQUUCT[HQTCFGUETKRVKQPQHVJGEQORCP[ UPQP)##2HKPCPEKCNCPFQRGTCVKPIOGVTKEU 2CIG


 
%QPFGPUGF%QPUQNKFCVGF5VCVGOGPVUQH%QORTGJGPUKXG+PEQOG .QUU WPCWFKVGFFQNNCTUKPVJQWUCPFUGZEGRVUJCTGFCVCCPFRGTUJCTGCOQWPVU 6JTGG/QPVJU'PFGF 0KPG/QPVJU'PFGF 5GRVGODGT 5GRVGODGT     4GXGPWG 4GPVCNTGXGPWG         'ZRGPUGU 4GPVCNGZRGPUGU     )GPGTCNCPFCFOKPKUVTCVKXGGZRGPUGU     +PVGTPCNK\CVKQPVTCPUCEVKQPGZRGPUGU  e  e #UUGVOCPCIGOGPVHGGU     &GRTGEKCVKQPCPFCOQTVK\CVKQP     +ORCKTOGPVNQUUQPTGCNGUVCVG e  e  6QVCNGZRGPUGU     )CKPQPTGCNGUVCVGFKURQUKVKQPU e e  e +PEQOGHTQOQRGTCVKQPU     +PVGTGUVCPFQVJGTGZRGPUGPGV     0GVKPEQOG NQUU CVVTKDWVCDNGVQEQOOQPUVQEMJQNFGTU         1VJGTEQORTGJGPUKXGKPEQOG NQUU  7PTGCNK\GFKPEQOG NQUU QPKPVGTGUVTCVGUYCRUPGV         1VJGTEQORTGJGPUKXGKPEQOG NQUU     %QORTGJGPUKXGKPEQOG NQUU CVVTKDWVCDNGVQEQOOQPUVQEMJQNFGTU         9GKIJVGFCXGTCIGPWODGTQHEQOOQPUJCTGUQWVUVCPFKPI $CUKE     &KNWVGF     0GVKPEQOG NQUU RGTEQOOQPUJCTGCVVTKDWVCDNGVQEQOOQP UVQEMJQNFGTU $CUKE         &KNWVGF         &KUVTKDWVKQPUFGENCTGFRGTEQOOQPUJCTG         5GGVJGINQUUCT[HQTCFGUETKRVKQPQHVJGEQORCP[ UPQP)##2HKPCPEKCNCPFQRGTCVKPIOGVTKEU 2CIG


 
((1/((1CPF#((1 FQNNCTUKPVJQWUCPFUGZEGRVUJCTGFCVCCPFRGTUJCTGCOQWPVU 6JTGG/QPVJU'PFGF 0KPG/QPVJU'PFGF 5GRVGODGT 5GRVGODGT     0GVKPEQOG NQUU CVVTKDWVCDNGVQEQOOQPUVQEMJQNFGTU         #FLWUVOGPVU &GRTGEKCVKQPCPFCOQTVK\CVKQP     )CKPQPTGCNGUVCVGFKURQUKVKQP e e  e +ORCKTOGPVNQUUQPTGCNGUVCVG e  e  ((1CVVTKDWVCDNGVQEQOOQPUVQEMJQNFGTU         #FLWUVOGPVU #OQTVK\CVKQPQHKPVCPIKDNGCUUGVUCPFNKCDKNKVKGU     4GFWEVKQPKPVJGECTT[KPICOQWPVQHTKIJVQHWUGCUUGVUQRGTCVKPI NGCUGUCPFHKPCPEGNGCUGPGV     5VTCKIJVNKPGTGPV     +PVGTPCNK\CVKQPVTCPUCEVKQPGZRGPUGU  e  e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


 
'$+6&#CPF'$+6&#TG FQNNCTUKPVJQWUCPFU 6JTGG/QPVJU'PFGF 0KPG/QPVJU'PFGF 5GRVGODGT 5GRVGODGT     0GVKPEQOG NQUU CVVTKDWVCDNGVQEQOOQPUVQEMJQNFGTU         #FLWUVOGPVU +PVGTGUVCPFQVJGTGZRGPUGPGV     &GRTGEKCVKQPCPFCOQTVK\CVKQP     '$+6&#         )CKPQPTGCNGUVCVGFKURQUKVKQP e e  e +ORCKTOGPVNQUUQPTGCNGUVCVG e  e  %CUJFGRQUKVUKPVGTGUV     '$+6&#TG         5GGVJGINQUUCT[HQTCFGUETKRVKQPQHVJGEQORCP[ UPQP)##2HKPCPEKCNCPFQRGTCVKPIOGVTKEU 2CIG


 
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


 
5COG5VQTG01+CPF1EEWRCPE[6TGPFU 6QVCN5COG5VQTG01+CPF1EEWRCPE[      /    /     /  /  / 0GV 1RGTCVKPI +PEQOG 'PF QH 2GTKQF 1EEWRCPE[  / /  3 3 3 3 3 2TQRGTVKGU *GCNVJECTG5COG5VQTG01+CPF1EEWRCPE[ &CVC%GPVGT5COG5VQTG01+CPF1EEWRCPE[ /       /         /  /          / /   / /   / /   0GV 1RGTCVKPI +PEQOG / 0GV 1RGTCVKPI +PEQOG 'PF QH 2GTKQF 1EEWRCPE[ 'PF QH 2GTKQF 1EEWRCPE[ /  /  3 3 3 3 3 3 3 3 3 3 2TQRGTVKGU 2TQRGTVKGU  'CEJSWCTVGT UTGUWNVUCTGDCUGFQPRTQRGTVKGUQYPGFCPFQRGTCVGFCUQH,WN[ 5GGVJGINQUUCT[HQTCFGUETKRVKQPQHVJGEQORCP[ UPQP)##2HKPCPEKCNCPFQRGTCVKPIOGVTKEU 2CIG


 
&GDV FQNNCTUKPOKNNKQPU 7PUGEWTGF%TGFKV(CEKNKV[-G[%QXGPCPVU 4GSWKTGF #EVWCN 4CVKQQHVQVCNKPFGDVGFPGUUVQVQVCNITQUUCUUGVXCNWG f  4CVKQQHUGEWTGFKPFGDVGFPGUUVQVQVCNITQUUCUUGVXCNWG f  4CVKQQHCFLWUVGF'$+6&#VQHKZGFEJCTIGU gZ Z 4CVKQQHWPGPEWODGTGFCFLWUVGF01+VQWPUGEWTGFKPVGTGUVGZRGPUG g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


 
2TQRGTV[/CR CUQH5GRVGODGT 5GGVJGINQUUCT[HQTCFGUETKRVKQPQHVJGEQORCP[ UPQP)##2HKPCPEKCNCPFQRGTCVKPIOGVTKEU 2CIG


 
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e e 4KXGTUKFG     #WUVKP     %KPEKPPCVK     .WDDQEM   e e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


 
4GCN'UVCVG&KXGTUKHKECVKQP*GCNVJECTG *GCNVJECTG.GCUG'ZRKTCVKQPU / / / / / / / / / / 5SWCTG (GGV #PPWCNK\GF $CUG 4GPV / / / / / /           6JGTGCHVGT 6GPCPV&KXGTUKHKECVKQP 2TQRGTV[&KXGTUKHKECVKQP 2QUV #EWVG /GFKECN ..%  $C[NQT 5EQVV CPF 9JKVG *GCNVJ    $QCTF QH 4GIGPVU QH VJG 7PKX QH 6GZCU 5[UVGO   5GNGEV /GFKECN %QTRQTCVKQP  %QPHKFGPVKCN *GCNVJECTG 6GPCPV   )GPGUKU %CTG 2V[ .VF   %QPHKFGPVKCN *GCNVJECTG 6GPCPV    5WTIGT[ 2CTVPGTU +PE  %QPHKFGPVKCN *GCNVJECTG 6GPCPV   %QPHKFGPVKCN *GCNVJECTG 6GPCPV   *GCNVJECTG5KPING/WNVK6GPCPV$TGCMFQYP 0WODGT QH 2TQRGTVKGU   #PPWCNK\GF $CUG 4GPV   5GRVGODGT   6JGECNEWNCVKQPQHVJGCPPWCNK\GFDCUGTGPVCUQH5GRVGODGTGZENWFGUVJGTGFWEVKQPQHEQPVTCEVWCN5GRVGODGTDCUGTGPVHTQOVJTGGJGCNVJECTGVGPCPVUFWGVQVJG%18+&KORCEV#UC TGUWNVVJGEQORCP[ECNEWNCVGFVJGCPPWCNK\GFDCUGTGPVHQTVJGUGVGPCPVUCUKHVJGVGPCPVUJCFRCKFVJGKTTGPVKPHWNNWPFGTVJGPQTOCNEQWTUGQHDWUKPGUUYKVJQWVEQPUKFGTKPIVJG%18+&KORCEVUQVJCVOCTMGVU CPFVGPCPVCPFRTQRGTV[FKXGTUKHKECVKQPUYGTGPQVUMGYGFD[VJGEQPEGUUKQPU  $CUGFQPCPPWCNK\GF5GRVGODGTDCUGTGPV  +PENWFGUVGPCPVUWPFGTEQOOQPEQPVTQN  'ZENWFGUXCECPVRTQRGTVKGU 5GGVJGINQUUCT[HQTCFGUETKRVKQPQHVJGEQORCP[ UPQP)##2HKPCPEKCNCPFQRGTCVKPIOGVTKEU 2CIG


 
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e e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


 
2QTVHQNKQ*GCNVJECTG *GCNVJECTG2TQRGTVKGU 4GPVCDNG /CTMGV 2TQRGTV[0COG 5VCVG 5SWCTG(GGV &CVG#ESWKTGF 1EEWRCPE[ 2TQRGTV[5WDV[RG #MTQP #MTQP*GCNVJECTG(CEKNKV[ 1*    /GFKECN1HHKEG$WKNFKPI #MTQP #MTQP*GCNVJECTG(CEKNKV[++ 1*    /GFKECN1HHKEG$WKNFKPI #MTQP #MTQP*GCNVJECTG(CEKNKV[+++ 1*    .QPI6GTO#EWVG%CTG*QURKVCN #NGZCPFTKC #NGZCPFTKC*GCNVJECTG(CEKNKV[ .#    /GFKECN1HHKEG$WKNFKPI #RRNGVQP #RRNGVQP*GCNVJECTG(CEKNKV[ 9+    /GFKECN1HHKEG$WKNFKPI #WIWUVC #WIWUVC*GCNVJECTG(CEKNKV[ /'    /GFKECN1HHKEG$WKNFKPI #WIWUVC 1CMNCPF*GCNVJECTG(CEKNKV[ /'    /GFKECN1HHKEG$WKNFKPI #WUVKP #WUVKP*GCNVJECTG(CEKNKV[ 6:    +PRCVKGPV4GJCDKNKVCVKQP(CEKNKV[ #WUVKP #WUVKP*GCNVJECTG(CEKNKV[++ 6:    /GFKECN1HHKEG$WKNFKPI #WUVKP .WNKPI*GCNVJECTG(CEKNKV[ 6:    .QPI6GTO#EWVG%CTG*QURKVCN $GCWOQPV $GCWOQPV*GCNVJECTG(CEKNKV[ 6:    +PRCVKGPV4GJCDKNKVCVKQP(CEKNKV[ $QUVQP 5VQWIJVQP*GCNVJECTG(CEKNKV[ /#    .QPI6GTO#EWVG%CTG*QURKVCN $TGOGTVQP 5KNXGTFCNG*GCNVJECTG(CEKNKV[ 9#    /GFKECN1HHKEG$WKNFKPI $TGOGTVQP 5KNXGTFCNG*GCNVJECTG(CEKNKV[++ 9#    /GFKECN1HHKEG$WKNFKPI $TQYPUXKNNG *CTNKPIGP*GCNVJECTG(CEKNKV[ 6:    /GFKECN1HHKEG$WKNFKPI %JKECIQ #WTQTC*GCNVJECTG(CEKNKV[ +.    /GFKECN1HHKEG$WKNFKPI %KPEKPPCVK %KPEKPPCVK*GCNVJECTG(CEKNKV[ 1*    /GFKECN1HHKEG$WKNFKPI %KPEKPPCVK %KPEKPPCVK*GCNVJECTG(CEKNKV[++ 1*    /GFKECN1HHKEG$WKNFKPI %KPEKPPCVK %KPEKPPCVK*GCNVJECTG(CEKNKV[+++ 1*    /GFKECN1HHKEG$WKNFKPI %KPEKPPCVK (NQTGPEG*GCNVJECTG(CEKNKV[ -;    /GFKECN1HHKEG$WKNFKPI %QTRWU%JTKUVK %QTRWU%JTKUVK*GCNVJECTG(CEKNKV[ 6:    /GFKECN1HHKEG$WKNFKPI &CNNCU #NNGP*GCNVJECTG(CEKNKV[ 6:    +PRCVKGPV4GJCDKNKVCVKQP(CEKNKV[ &CNNCU %CTTQNNVQP*GCNVJECTG(CEKNKV[ 6:    /GFKECN1HHKEG$WKNFKPI &CNNCU &CNNCU*GCNVJECTG(CEKNKV[ 6:    #EWVG%CTG*QURKVCN &CNNCU &CNNCU*GCNVJECTG(CEKNKV[++ 6:   e #EWVG%CTG*QURKVCN &CNNCU (QTV9QTVJ*GCNVJECTG(CEKNKV[ 6:    #EWVG%CTG*QURKVCN &CNNCU (QTV9QTVJ*GCNVJECTG(CEKNKV[++ 6:    /GFKECN1HHKEG$WKNFKPI &CNNCU (QTV9QTVJ*GCNVJECTG(CEKNKV[+++ 6:    /GFKECN1HHKEG$WKNFKPI &CNNCU (TKUEQ*GCNVJECTG(CEKNKV[ 6:    +PRCVKGPV4GJCDKNKVCVKQP(CEKNKV[ &CNNCU )TCRGXKPG*GCNVJECTG(CEKNKV[ 6:   e .QPI6GTO#EWVG%CTG*QURKVCN &GPXGT &GPXGT*GCNVJECTG(CEKNKV[ %1    .QPI6GTO#EWVG%CTG*QURKVCN &GU/QKPGU %NKXG*GCNVJECTG(CEKNKV[ +#    /GFKECN1HHKEG$WKNFKPI &GU/QKPGU )TKOGU*GCNVJECTG(CEKNKV[ +#    1VJGT &GU/QKPGU +PFKCPQNC*GCNVJECTG(CEKNKV[ +#    /GFKECN1HHKEG$WKNFKPI &GU/QKPGU +PFKCPQNC*GCNVJECTG(CEKNKV[++ +#    /GFKECN1HHKEG$WKNFKPI 5GGVJGINQUUCT[HQTCFGUETKRVKQPQHVJGEQORCP[ UPQP)##2HKPCPEKCNCPFQRGTCVKPIOGVTKEU 2CIG


 
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e  e 1VJGT 6WEUQP 6WEUQP*GCNVJECTG(CEKNKV[+++ #< e  e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


 
)NQUUCT[ #PPWCNK\GF$CUG4GPV KUVJGUWOQHGCEJVGPCPVa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aUQRGTCVKPIRGTHQTOCPEG 6JGHQNNQYKPIKUCTGEQPEKNKCVKQPQHPGVKPEQOG NQUU CVVTKDWVCDNGVQEQOOQPUVQEMJQNFGTUYJKEJKUVJGOQUVFKTGEVN[EQORCTCDNG)##2HKPCPEKCNOGCUWTGVQ'$+6&# CPF'$+6#TGHQTVJGHQNNQYKPISWCTVGTN[RGTKQFU COQWPVUKPVJQWUCPFU  6JTGG/QPVJU'PFGF 5GRVGODGT ,WPG /CTEJ &GEGODGT 5GRVGODGT      0GVKPEQOG NQUU CVVTKDWVCDNGVQEQOOQPUVQEMJQNFGTU           #FLWUVOGPVU +PVGTGUVCPFQVJGTGZRGPUGPGV      &GRTGEKCVKQPCPFCOQTVK\CVKQP      '$+6&#           )CKPQPTGCNGUVCVGFKURQUKVKQP e  e  e +ORCKTOGPVNQUUQPTGCNGUVCVG e e e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