April 1, 2016 April 29, 2016 | Page 12
3DJH7KH&ROHEURRN&KURQLFOH)ULGD\$SULO
&RPPXQLW\1HZV
&RQWLQXHGIURPSDJH
EH VKLSSHG WR WKH ZDU IURQW
$JDLQ 9LFWRU\ *DUGHQV DUH
FRPLQJ EDFN LQ YRJXH HYHQ LQ
DSDUWPHQWV GXH WR HYHU
LQFUHDVLQJ XQHPSOR\PHQW DQG
ORZHUZDJHV&RQWDLQHUJDUGHQV
ZRUN IRU WKRVH ZLWKRXW ODQG WR
SODQWRQ6RPHWRZQVDQGFLWLHV
DUH UHSODFLQJ IORZHU LQ
FRQWDLQHUV RQ WKH VWUHHWV ZLWK
IRRG
*DUGHQLQJ UHTXLUHV FRPSRVW
DQGVRPHJURXSVDUHRUJDQL]LQJ
WKH FRPPXQLW\ LQWR JDWKHULQJ
IRRG VFUDSV ODZQ UDNLQJV HWF
DQGPDNLQJFRPPXQLW\FRPSRVW
IDFLOLWLHV 7KHUH LV D ORW RI IRRG
ZDVWHLQWKLVFRXQWU\DQGWKLVLV
RQHZD\WRKHOSNHHSLWRXWRIWKH
ODQGILOOV DQG XVLQJ LW WR IHHG
SHRSOH&RPPXQLW\JDUGHQVDUH
RQ WKH LQFUHDVH QHDU WKHVH
FRPSRVWIDFLOLWLHV
$QRWKHUFRPPXQLW\HIIRUWKDV
EHHQWHDFKLQJIRRGSUHVHUYDWLRQ
IRUDOOWKHORFDOO\JURZQSURGXFH
&ODVVHVLQFDQQLQJIUHH]LQJDQG
GHK\GUDWLQJDUHLQFUHDVLQJ
5HPHPEHU WKH EXFROLF VFHQH
RIIDUPDQLPDOVJUD]LQJ"6WXGLHV
KDYH VKRZQ WKDW JUDVVIHG
DQLPDOV DUH KHDOWKLHU IRU \RX
WKDQ &$)2 &RQILQHG $QLPDO
)HHGLQJ 2SHUDWLRQV ZKHUH WKH
DQLPDOVDUHIHGDQDOOJUDLQGLHW
*UDVVIHGDQLPDOVDUHKLJKHULQ
2PHJD ZKLFK DFFRUGLQJ WR
:HE0'
KWWSZZZZHEPG
FRPKHDOWK\DJLQJRPHJD
IDWW\DFLGVIDFWVKHHWUHGXFHVWKH
ULVN RI KHDUW GLVHDVH E\ KLJK
WULJO\FHULGHV
UKHXPDWRLG
DUWKULWLV GHSUHVVLRQ IHWDO DQG
EDE\ GHYHORSPHQW DVWKPD
$'+'
DQG
$O]KHLPHUªV
GHPHQWLD
§0¨,6)250$<0206
$1'0$3/(,1&$1$$1
7UHDW \RXU 0RP WR D VZHHW
PHDO DW *UDFH &RPPXQLW\
&KXUFK LQ &DQDDQ 9W RQ
6DWXUGD\0D\IURPWR
SP
7KH GLQQHU IHDWXUHV PDSOH
JOD]HG KDP KHUEHG FKLFNHQ
SRWDWR VDODG FROHVODZ ZLWK
PDSOHDQGJLQJHUGUHVVLQJJUHHQ
VDODG PDSOH JOD]HG FDUURWV
PDSOH RDW UROOV DQG DVVRUWHG
GHVVHUWV0DSOHKRWGRJVPDF
Q
FKHHVH ZLOO EH DYDLODEOH IRU WKH
NLGV
6XJJHVWHGGRQDWLRQLVDGXOWV
NLGV0RPVHDWIRUIUHH
$OO SURFHHGV ZLOO EHQHILW *UDFH
&RPPXQLW\&KXUFK
67(3%<67(36&+22/
2)'$1&(&203(7,7,21
$P\0DUWLQL¨0LVV$P\¨RI
6WHS%\6WHS6FKRRORI'DQFHRI
&ROHEURRNDQGRIKHUVWXGHQWV
DWWHQGHGDQGSDUWLFLSDWHGLQWKH
,/RYH'DQFH&RPSHWLWLRQVDWWKH
5DGLVVRQ +RWHO LQ 0DQFKHVWHU
UHFHQWO\ 7KH\ GLG WKUHH
SHUIRUPDQFHVZKLFKFRQVLVWHGRI
DNLGVªWDSGXHWDªWZHHQKLSKRS
GXHWDQGWKHWHHQKLSKRSGDQFH
WURXSH7KHLUWDSGXHWEURXJKW
KRPH D ILUVW DQG WKLUG SODFH
WURSK\WKHªWZHHQJLUOVDVHFRQG
SODFHDZDUGDQGWKHWHHQVDILUVW
SODFH WURSK\ IRU RYHUDOO
SHUIRUPDQFHLQWKHLUFDWHJRU\DV
ZHOO
§7KLVZDV6WHSE\6WHSªVYHU\
ILUVWFRPSHWLWLRQH[SHULHQFHDQG
D YHU\ H[FLWLQJ DQG UHZDUGLQJ
RQH LQGHHG¨ D SUHVV UHOHDVH
DQQRXQFHG§$OORIWKHVWXGHQWV
ZRUNHG YHU\ KDUG WKLV VHDVRQ
ZLWK UHJXODU FODVVHV DQG
DGGLWLRQDOFRPSHWLWLRQSUDFWLFHV
DV ZHOO WR WU\ DQG SHUIHFW HYHU\
DVSHFWRIWKHLUGDQFHV:LWKDOO
RI WKHLU GHGLFDWLRQ HQHUJ\ DQG
SDVVLRQWKH\SXWIRUWKWKHUHVXOW
ZDV PRVW GHILQLWHO\ D SRVLWLYH
RQHDQGFRPHIDOO0LVV$P\ZLOO
ZRUNZLWKVRPHRIWKHVHVWXGHQWV
DQG QHZ RQHV WRR FRPSHWH
DJDLQ DQG FRQWLQXH WR
DFFRPSOLVKJUHDWWKLQJV¨
1$7,21$/'$<2)
35$<(50$<
,Q $SULO RI D ELOO ZDV
SDVVHG §3XEOLF /DZ
WKDWWKH3UHVLGHQWRIWKH8QLWHG
6WDWHV ZDV WR VHW DVLGH DQ
DSSURSULDWHGD\HDFK\HDURWKHU
WKDQ6XQGD\DVD1DWLRQDO'D\
RI3UD\HU¨2YHUWKHQH[WVHYHUDO
GHFDGHVSODQQLQJDQGFRPPLWWHH
GHYHORSPHQWWRRNSODFH7KHILUVW
1DWLRQDO 'D\ RI 3UD\HU ZDV
REVHUYHGLQDQGZDVKHOGDW
&RQVWLWXWLRQ
+DOO
LQ
:DVKLQJWRQ '& 7KH IHDWXUHG
VSHDNHUV ZHUH 9LFH 3UHVLGHQW
*HRUJH %XVK DQG 'U /OR\G
2JLOYLH
$QRWKHU ELOO ZDV ZULWWHQ LQ
WRDPHQGWKHSUHYLRXVODZ
ZKLFKZDVWRGHVLJQDWHWKHILUVW
7KXUVGD\LQ0D\DVWKHDQQXDO
REVHUYDQFH RI WKH 1DWLRQDO 'D\
RI3UD\HU2Q7KXUVGD\0D\
5RQDOG5HDJDQVLJQHGLQWR
ODZ 3XEOLF /DZ
GHVLJQDWLQJWKHILUVW7KXUVGD\LQ
0D\DVWKHGD\RIREVHUYDQFH
$ SUHVV UHOHDVH LVVXHG WKLV
ZHHN
E\
0RQDGQRFN
&RQJUHJDWLRQDO &KXUFK VWDWHV
§6RKHUHZHDUH\HDUVODWHU
SUHSDULQJWRFHOHEUDWHWKLVORQJ
VWDQGLQJ WUDGLWLRQ KHUH LQ
&ROHEURRN $OO FRPPXQLW\
PHPEHUV DUH LQYLWHG DQG
HQFRXUDJHG WR MRLQ WRJHWKHU LQ
SUD\HU7KHGDWHRIFRXUVHLVWKH
ILUVW7KXUVGD\LQ0D\0D\
0RQDGQRFN &RQJUHJDWLRQDO
&KXUFKZLOOEHRSHQIURPDP
WR SP LQ UHFRJQLWLRQ RI WKLV
\HDUªVWKHPH:DNH8S$PHULFD
7KH SXEOLF LV LQYLWHG WR MRLQ DW
DQ\ WLPH GXULQJ WKLV SHULRG IRU
RQHRIWKHVSHFLILFSUD\HUWLPHV
DP
3UD\HU
IRU
*RYHUQPHQWDQG0LOLWDU\
DP 3UD\HU IRU )DPLO\ DP
(GXFDWLRQSP3UD\HUIRU
0HGLD DQG %XVLQHVV SP
3UD\HU IRU &KXUFK 5HPDLQLQJ
WLPH ZLOO EH JLYHQ WR SHUVRQDO
SUD\HU
7KH SUHVV UHOHDVH FRQFOXGHV
§$WQRRQ(7ZHZLOOMRLQLQ
WKH SUD\HU WKDW ZLOO EH VSRNHQ
DFURVVRXUQDWLRQDWWKHKRXU,Q
RWKHU ZRUGV IRONV LQ &DOLIRUQLD
ZLOOEHSUD\LQJWKHVDPHSUD\HU
DWDP3OHDVHMRLQXVZKHQHYHU
\RX DUH DEOH DQG PD\ WKLV EH D
EOHVVLQJWRHDFKRQH¨
1+97&29(5('%5,'*(
+$/)0$5$7+21
7KH .LZDQLV &OXE RI
&ROHEURRN DQQRXQFHV WKH 7KLUG
$QQXDO 1+97 &RYHUHG %ULGJH
+DOI 0DUDWKRQ ZKLFK ZLOO WDNH
SODFH RQ 6DWXUGD\ -XQH
2QOLQHUHJLVWUDWLRQLVQRZ
DYDLODEOH
DW
ZZZUXQUHJFRPQKYWFRYHUHG
EULGJHKDOIPDUDWKRQ
0LOOHQQLXP 5XQQLQJ LV DJDLQ
SURYLGLQJRQOLQHUHJLVWUDWLRQDQG
ELEFKLSWLPLQJ
7KHUDFHIHDWXUHVDEHDXWLIXO
PRVWO\IODWSDYHGORRSHGFRXUVH
WKDW VWDUWV DQG ILQLVKHV LQ
6PDOOFKDQJHPDNHVDELJLPSDFWKROGLQJDGRQDWLRQFKHFNDW
WKH&ROHEURRN$UHD)RRG3DQWU\LVWKH)RRG%DQNªV$GPLQLVWUDWRU
&LQG\ *UDVVL DQG )DWKHU &UDLJ &KHQH\ 7KH FKHFN ZDV JLYHQ E\
)LGGOHKHDGV*LIW6KRSSHLQ&ROHEURRNDQGLVWKHDFFXPXODWLRQRI
JHQHURXVFXVWRPHUVILOOLQJDFROOHFWLRQMDUDWWKHVWRUHZLWKWKHLUVPDOO
FKDQJHRYHUWKHODVWPRQWKV7KH)RRG%DQNZHOFRPHVGRQDWLRQV
RIIRRGSHUVRQDOFDUHSURGXFWVDQGPRQHWDU\VXSSRUW7KH)RRG%DQN
LVDW3OHDVDQW6WLQ&ROHEURRNDQGFDQEHUHDFKHGE\SKRQHDW
&RXUWHV\SKRWR
&ROHEURRN 7KH FRXUVH TXLFNO\
PRYHV IURP &ROHEURRN LQWR
9HUPRQW DQG IROORZV 9W 5RXWH
6RXWK WKURXJK OXVK JUHHQ
SDVWRUDO IDUPODQG DORQJ WKH
&RQQHFWLFXW5LYHUXQWLOLWFURVVHV
LQWR 1HZ +DPSVKLUH YLD WKH
&ROXPELD&RYHUHG%ULGJH2QFH
EDFN LQ 1HZ +DPSVKLUH WKH
FRXUVH IROORZV 5RXWH 1RUWK
XQWLO LW HQWHUV WKH 7RZQ RI
&ROHEURRN DQG WUDYHOV WKURXJK
WKHVFHQLFYLOODJHWRUHWXUQWRWKH
VWDUWORFDWLRQ
(YHQWV LQFOXGH LQGLYLGXDO
IRXUSHUVRQ DQG WZRSHUVRQ
UHOD\V IRU WKH KDOIPDUDWKRQ
GLVWDQFHDVZHOODVDWKUHHPLOH
)XQ:DON5XQQLQJHYHQWVEHJLQ
DWDPDQGWKH)XQ:DONDW
DP
5DFH GD\ UHJLVWUDWLRQ LV
DYDLODEOH IRU DOO HYHQWV )LQLVK
OLQH IHVWLYLWLHV LQFOXGH OLYH
EOXHJUDVV PXVLF UHIUHVKPHQWV
PDVVDJHV DQG WKH PHGDO
FHUHPRQ\
7KH 6HFRQG $QQXDO +HDOWK\
.LGV+DOI0DUDWKRQZLOOEHJLQDW
DP DQG LV IRU NLGV ZKR
KDYH SUHYLRXVO\ UHFRUGHG
PLOHVRIZDONLQJUXQQLQJ7KH\
ZLOO ZDONUXQ PLOHV RQ UDFH
GD\VWDUWLQJDQGILQLVKLQJDWWKH
VDPHORFDWLRQDVWKHUXQQHUV
3URFHHGVIURPWKLVHYHQWZLOO
EHQHILW WKH .LZDQLV &OXE RI
VHUYLFH
PDQ\
&ROHEURRNªV
SURMHFWV ZLWK HPSKDVLV RQ LWV
FKLOGUHQªVSURJUDPV
,PSRUWDQW UDFHUHODWHG OLQNV
LQFOXGHZZZUXQUHJFRPQKYW
FRYHUHGEULGJHKDOIPDUDWKRQ
UHJLVWUDWLRQ
IRU
ZZZFKDPEHURIWKHQRUWKFRXQWU\
FRPIRULQIRUPDWLRQDERXWDUHD
ORGJLQJ DQG UHVWDXUDQWV DQG
ZZZFROHEURRNNLZDQLVRUJ IRU
ZDON
UDFHIXQ
FRPSOHWH
LQIRUPDWLRQ DQG WR OHDUQ PRUH
DERXWWKHSURJUDPVWKH.LZDQLV
&OXE RI &ROHEURRN RIIHUV WKH
FRPPXQLW\
,I DGGLWLRQDO LQIRUPDWLRQ LV
QHHGHG FRQWDFW /DXULH &RWQRLU
ODXULHFRWQRLU#JPDLOFRP RU
ULIIRQMXOLH
5LIIRQ
-XOLH
FR
UDFH
#\DKRRFRP
FRRUGLQDWRUV
&281&,/25.(11(<
,1$5($72'$<
([HFXWLYH &RXQFLORU -RH
.HQQH\ KDV WRZQ KDOO PHHWLQJ
KRXUV VFKHGXOHG IRU WRGD\
)ULGD\ $SULO LQ &ROHEURRN
DQG3LWWVEXUJ+LVVFKHGXOHLVDV
IROORZVDPWRQRRQRIILFH
KRXUV&ROHEURRN7RZQ+DOO
SP RIILFH KRXUV 3LWWVEXUJ
7RZQ+DOO
7KHSXEOLFLVLQYLWHGWRDWWHQG
WKHVHRIILFHKRXUV
/HIWSKRWR5HFHLYLQJDILUVWDQGWKLUGSODFHWURSK\LQDGDQFHFRPSHWLWLRQKHOGLQ0DQFKHVWHUZHUHWDSVWXGHQWV-ROL&DUOVRQDQG0DQGLO\QQ
+RZODQG0LGGOHSKRWR3ODFLQJILUVWLQWKHGDQFHFRPSHWLWLRQZHUHWHHQKLSKRSVWXGHQWVIURPOHIW-XOLXV6XOOLYDQ6LHUUD0LOOHU.DUD
*RRGZLQ9LFWRULD6RXGHU-HVVLFD-XGG0LVVLQJIURPSKRWRLV0DOORULH%LURQ5LJKWSKRWR5HFHLYLQJDVHFRQGSODFHDZDUGLQDFRPSHWLWLRQ
ZHUHªWZHHQKLSKRSJLUOV-DPLH0DUWLQLDQG$O\VVD'XVVRXUG$OODUHIURP6WHSE\6WHS'DQFH6WXGLRLQ&ROHEURRN&RXUWHV\SKRWRV
%8))(76833(5,1
675$7)25'0$<
$ EXIIHW VXSSHU ZLOO EH KHOG
RQ 6DWXUGD\ 0D\ SP DW
.LPEDOO +DOO LQ 6WUDWIRUG
+ROORZ 7KH FRVWV DGXOWV
FKLOGUHQ6SRQVRUHGE\WKH
2OG+RPH'D\&RPPLWWHH