<SEC-DOCUMENT>0001043277-24-000016.txt : 20240403
<SEC-HEADER>0001043277-24-000016.hdr.sgml : 20240403
<ACCEPTANCE-DATETIME>20240403161416
ACCESSION NUMBER:		0001043277-24-000016
CONFORMED SUBMISSION TYPE:	DEFR14A
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20240403
DATE AS OF CHANGE:		20240403

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			C. H. ROBINSON WORLDWIDE, INC.
		CENTRAL INDEX KEY:			0001043277
		STANDARD INDUSTRIAL CLASSIFICATION:	ARRANGEMENT OF TRANSPORTATION OF FREIGHT & CARGO [4731]
		ORGANIZATION NAME:           	01 Energy & Transportation
		IRS NUMBER:				411883630
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		DEFR14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-23189
		FILM NUMBER:		24818855

	BUSINESS ADDRESS:	
		STREET 1:		14701 CHARLSON ROAD
		CITY:			EDEN PRAIRIE
		STATE:			MN
		ZIP:			55347
		BUSINESS PHONE:		9529378500

	MAIL ADDRESS:	
		STREET 1:		14701 CHARLSON ROAD
		CITY:			EDEN PRAIRIE
		STATE:			MN
		ZIP:			55347

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	C H ROBINSON WORLDWIDE INC
		DATE OF NAME CHANGE:	19970819
</SEC-HEADER>
<DOCUMENT>
<TYPE>DEFR14A
<SEQUENCE>1
<FILENAME>chrw_defr14a2024proxy.htm
<DESCRIPTION>DEFR14A
<TEXT>
<html><head>
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<title>Document</title></head><body><div id="i20dfb0c608494916bb4414187f73aff3_1"></div><div style="min-height:72pt;width:100%"><div><font><br></font></div></div><div style="margin-bottom:6pt;text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:151%">UNITED STATES<br>SECURITIES AND EXCHANGE COMMISSION<br>Washington, D.C. 20549</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:151%">SCHEDULE 14A</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:151%">Proxy Statement Pursuant to Section 14(a) of the<br>Securities Exchange Act of 1934</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:151%">(Amendment No. 1)</font></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:2.572%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:20.368%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:2.572%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:34.493%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:34.495%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:125%">&#9745;</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:125%">Filed by the Registrant</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:125%">&#9744;</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:125%">Filed by a party other than the Registrant</font></td><td colspan="3" style="padding:0 1pt"></td></tr></table></div><div style="margin-top:26pt"><font><br></font></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:2.906%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:94.894%"></td><td style="width:0.1%"></td></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1.5pt;margin-top:2.65pt;padding-left:4.3pt;padding-right:4.3pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:151%">CHECK THE APPROPRIATE BOX&#58;</font></div></td></tr><tr><td colspan="3" style="background-color:#f2f2f2;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1.5pt;margin-top:1.65pt;padding-left:4.3pt;padding-right:4.3pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:151%">&#9744;</font></div></td><td colspan="3" style="background-color:#f2f2f2;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1.5pt;margin-top:1.65pt;padding-left:4.3pt;padding-right:4.3pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:151%">Preliminary Proxy Statement</font></div></td></tr><tr><td colspan="3" style="background-color:#f2f2f2;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1.5pt;margin-top:1.65pt;padding-left:4.3pt;padding-right:4.3pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:151%">&#9744;</font></div></td><td colspan="3" style="background-color:#f2f2f2;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1.5pt;margin-top:1.65pt;padding-left:4.3pt;padding-right:4.3pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:151%">Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))</font></div></td></tr><tr><td colspan="3" style="background-color:#f2f2f2;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1.5pt;margin-top:1.65pt;padding-left:4.3pt;padding-right:4.3pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:151%">&#9745;</font></div></td><td colspan="3" style="background-color:#f2f2f2;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1.5pt;margin-top:1.65pt;padding-left:4.3pt;padding-right:4.3pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:151%">Definitive Proxy Statement</font></div></td></tr><tr><td colspan="3" style="background-color:#f2f2f2;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1.5pt;margin-top:1.65pt;padding-left:4.3pt;padding-right:4.3pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:151%">&#9744;</font></div></td><td colspan="3" style="background-color:#f2f2f2;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1.5pt;margin-top:1.65pt;padding-left:4.3pt;padding-right:4.3pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:151%">Definitive Additional Materials</font></div></td></tr><tr><td colspan="3" style="background-color:#f2f2f2;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1.5pt;margin-top:1.65pt;padding-left:4.3pt;padding-right:4.3pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:151%">&#9744;</font></div></td><td colspan="3" style="background-color:#f2f2f2;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1.5pt;margin-top:1.65pt;padding-left:4.3pt;padding-right:4.3pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:151%">Soliciting Material under &#167;240.14a-12</font></div></td></tr></table></div><div style="margin-top:27pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:20pt;font-weight:700;line-height:130%">C.H. Robinson Worldwide, Inc.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:7.5pt;font-weight:400;line-height:151%">(Name of Registrant as Specified In Its Charter)<br>(Name of Person(s) Filing Proxy Statement, if Other Than the Registrant)</font></div><div style="margin-bottom:6pt;text-align:center"><font><br></font></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:2.906%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:94.894%"></td><td style="width:0.1%"></td></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1.5pt;margin-top:2.65pt;padding-left:4.3pt;padding-right:4.3pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:151%">PAYMENT OF FILING FEE (CHECK ALL BOXES THAT APPLY)&#58;</font></div></td></tr><tr><td colspan="3" style="background-color:#f2f2f2;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1.5pt;margin-top:1.65pt;padding-left:4.3pt;padding-right:4.3pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:151%">&#9745;</font></div></td><td colspan="3" style="background-color:#f2f2f2;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1.5pt;margin-top:1.65pt;padding-left:4.3pt;padding-right:4.3pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:151%">No fee required</font></div></td></tr><tr><td colspan="3" style="background-color:#f2f2f2;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1.5pt;margin-top:1.65pt;padding-left:4.3pt;padding-right:4.3pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:151%">&#9744;</font></div></td><td colspan="3" style="background-color:#f2f2f2;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1.5pt;margin-top:1.65pt;padding-left:4.3pt;padding-right:4.3pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:151%">Fee paid previously with preliminary materials</font></div></td></tr><tr><td colspan="3" style="background-color:#f2f2f2;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1.5pt;margin-top:1.65pt;padding-left:4.3pt;padding-right:4.3pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:151%">&#9744;</font></div></td><td colspan="3" style="background-color:#f2f2f2;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1.5pt;margin-top:1.65pt;padding-left:4.3pt;padding-right:4.3pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:151%">Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11</font></div></td></tr></table></div><div style="margin-bottom:6pt"><font><br></font></div><div><font><br></font></div><div><font><br></font></div><div style="margin-bottom:8pt"><font><br></font></div><div style="height:72pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div><hr style="page-break-after:always"><div style="min-height:72pt;width:100%"><div><font><br></font></div></div><div style="margin-bottom:8pt"><font><br></font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%">EXPLANATORY NOTE</font></div><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">On March 26, 2024, C.H. Robinson Worldwide, Inc. (the &#8220;Company&#8221; filed with the U.S. Securities and Exchange Commission its Definitive Proxy Statement on Schedule 14A for its 2024 Annual Meeting of Shareholders (the &#8220;Proxy Statement&#8221;) to be held on May 9, 2024 (the &#8220;Annual Meeting&#8221;). This Amendment No. 1 to the Proxy Statement (&#8220;Amendment No. 1&#8221;) is filed solely to amend the Proxy Statement to correct an inadvertent clerical error to the number of shares of the Company&#8217;s common stock outstanding as of the close of business on March 13, 2024, the record date for the Annual Meeting (the &#8220;Record Date&#8221;), disclosed in the Proxy Statement from 116,993,730 shares of common stock to 115,711,775 shares of common stock. Appendix A restates the following sections of the Proxy Statement to reflect this correction&#58;</font></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:14.85pt">Section titled &#8220;Security Ownership and Related Information&#8212;Security Ownership of Certain Beneficial Owners and Management&#8221; on page 93-94&#59; and</font></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:14.85pt">Section titled &#8220;Questions and Answers about the Annual Meeting&#8212;General Information&#8212;Who is entitled to vote&#63;&#8221; on page 96.</font></div><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Except as described above and as reflected in the corrected sections set forth on Appendix A, this Amendment No. 1 does not supersede, modify or update any disclosure in the Proxy Statement. In addition, this Amendment No. 1 does not reflect events occurring after the date of the Proxy Statement or modify or update such disclosure that may have been affected by subsequent events. You should read this Amendment No. 1 in conjunction with the Proxy Statement.  </font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%">If you have already returned your proxy or voting instruction card or provided voting instructions, you do not need to take any action unless you wish to change your vote.</font></div><div style="height:72pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><img alt="image_0.jpg" src="image_0.jpg" style="height:43px;margin-bottom:5pt;vertical-align:text-bottom;width:196px"><font style="background-color:#ffffff;color:#000000;font-family:'Arial',sans-serif;font-size:1pt;font-weight:400;line-height:120%">&#160;</font></div></div></div><hr style="page-break-after:always"><div style="min-height:72pt;width:100%"><div><font><br></font></div></div><div style="text-align:center"><font style="background-color:#ffffff;color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%">APPENDIX A</font></div><div><font><br></font></div><div><font style="background-color:#ffffff;color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%;text-decoration:underline">Correction to Pages 93-94&#58;</font></div><div><font><br></font></div><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#002a4e;font-family:'Arial',sans-serif;font-size:30pt;font-weight:700;line-height:120%">Security Ownership and Related&#160;Information</font></div><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#00487a;font-family:'Arial',sans-serif;font-size:20pt;font-weight:700;line-height:120%">Security Ownership of Certain Beneficial Owners and Management</font></div><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The following table contains information regarding beneficial ownership of C.H. Robinson&#8217;s common stock as of Wednesday, March 13, 2024, by (i) each person who is known by the company to own beneficially more than 5% of the common stock, (ii) each director or nominee, and each NEO of the company named in the Summary Compensation Table and (iii) all current company directors and executive officers as a group. Unless otherwise noted, the shareholders listed in the table have sole voting and investment powers with respect to the shares of common stock owned by them. Percentage ownership of our management is based on 115,711,775 shares of our common stock issued and outstanding on Wednesday, March 13, 2024. Percentage ownership of our largest shareholders is based on the percentages set forth in the Schedule 13G&#47;As referenced below.</font></div><div style="margin-bottom:6pt;margin-top:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:42.970%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:19.893%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.566%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:17.171%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:5pt;text-align:right"><font style="color:#00487a;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Number of Shares<br>Beneficially<br>Owned</font><font style="color:#00487a;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</font></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#00487a;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:125%">Percentage of<br>Outstanding<br>Shares</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:5pt;text-align:right"><font style="color:#00487a;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Number of<br>Performance<br>Shares Granted</font><font style="color:#00487a;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:700;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(2)</font></div></td></tr><tr><td colspan="3" style="border-top:2pt solid #00487a;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:5pt"><font style="color:#00487a;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The Vanguard Group</font><font style="color:#00487a;font-family:'Arial',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(3)<br></font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">100 Vanguard Blvd.<br>Malvern, PA 19355</font></div></td><td colspan="3" style="border-top:2pt solid #00487a;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">14,038,149</font></td><td colspan="2" style="border-top:2pt solid #00487a;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">12.00&#160;</font></td><td style="border-top:2pt solid #00487a;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">%</font></td><td colspan="3" style="border-top:2pt solid #00487a;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:5pt"><font style="color:#00487a;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">BlackRock Inc.</font><font style="color:#00487a;font-family:'Arial',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(4)<br></font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">50 Hudson Yards<br>New York, NY 10105</font></div></td><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">13,065,167</font></td><td colspan="2" style="border-top:0.5pt solid #a4a7a9;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">11.17&#160;</font></td><td style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">%</font></td><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:5pt"><font style="color:#00487a;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">First Eagle Investment Management, LLC</font><font style="color:#00487a;font-family:'Arial',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(5)<br></font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">1345 Avenue of the Americas<br>New York, NY 10105</font></div></td><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">9,482,897</font></td><td colspan="2" style="border-top:0.5pt solid #a4a7a9;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">8.11&#160;</font></td><td style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">%</font></td><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:5pt"><font style="color:#00487a;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">State Street Corporation State</font><font style="color:#00487a;font-family:'Arial',sans-serif;font-size:6pt;font-weight:400;line-height:120%">(6)<br></font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">State Street Financial Center<br>One Congress Street, Suite 1<br>Boston, MA 02114</font></div></td><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">7,972,618</font></td><td colspan="2" style="border-top:0.5pt solid #a4a7a9;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">6.81&#160;</font></td><td style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">%</font></td><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#00487a;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">David P. Bozeman</font></td><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">158,144</font></td><td colspan="2" style="border-top:0.5pt solid #a4a7a9;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">0.14&#160;</font></td><td style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">%</font></td><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">136,716</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:8pt"><font style="color:#00487a;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">Michael P. Zechmeister</font><font style="color:#00487a;font-family:'Arial',sans-serif;font-size:5.85pt;font-weight:400;line-height:125%;position:relative;top:-3.15pt;vertical-align:baseline">(7)</font></div></td><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">150,449</font></td><td colspan="2" style="border-top:0.5pt solid #a4a7a9;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">0.13&#160;</font></td><td style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">%</font></td><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">46,114</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:8pt"><font style="color:#00487a;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">Angela K. Freeman</font><font style="color:#00487a;font-family:'Arial',sans-serif;font-size:5.85pt;font-weight:400;line-height:125%;position:relative;top:-3.15pt;vertical-align:baseline">(8)</font></div></td><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">142,509</font></td><td colspan="2" style="border-top:0.5pt solid #a4a7a9;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">0.12&#160;</font></td><td style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">%</font></td><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">53,150</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#00487a;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">Arun D. Rajan</font></td><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">132,664</font></td><td colspan="2" style="border-top:0.5pt solid #a4a7a9;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">0.11&#160;</font></td><td style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">%</font></td><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">63,326</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:8pt"><font style="color:#00487a;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">Michael J. Short</font><font style="color:#00487a;font-family:'Arial',sans-serif;font-size:5.85pt;font-weight:400;line-height:125%;position:relative;top:-3.15pt;vertical-align:baseline">(9)</font></div></td><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">96,157</font></td><td colspan="2" style="border-top:0.5pt solid #a4a7a9;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">0.08&#160;</font></td><td style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">%</font></td><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">51,742</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#00487a;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">Scott P. Anderson</font></td><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">52,015</font></td><td colspan="2" style="border-top:0.5pt solid #a4a7a9;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">0.04&#160;</font></td><td style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">%</font></td><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#00487a;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">James J. Barber Jr</font></td><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">1,999</font></td><td colspan="2" style="border-top:0.5pt solid #a4a7a9;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">%</font></td><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#00487a;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">Kermit R. Crawford</font></td><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">6,654</font></td><td colspan="2" style="border-top:0.5pt solid #a4a7a9;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">0.01&#160;</font></td><td style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">%</font></td><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#00487a;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">Timothy C. Gokey</font></td><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">18,877</font></td><td colspan="2" style="border-top:0.5pt solid #a4a7a9;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">0.02&#160;</font></td><td style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">%</font></td><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#00487a;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">Mark A. Goodburn</font></td><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">7,749</font></td><td colspan="2" style="border-top:0.5pt solid #a4a7a9;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">0.01&#160;</font></td><td style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">%</font></td><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#00487a;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">Mary J. Steele Guilfoile</font></td><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">20,402</font></td><td colspan="2" style="border-top:0.5pt solid #a4a7a9;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">0.02&#160;</font></td><td style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">%</font></td><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#00487a;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">Jodee A. Kozlak</font></td><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">21,329</font></td><td colspan="2" style="border-top:0.5pt solid #a4a7a9;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">0.02&#160;</font></td><td style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">%</font></td><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#00487a;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">Henry J. Maier</font></td><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">5,339</font></td><td colspan="2" style="border-top:0.5pt solid #a4a7a9;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">%</font></td><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #a4a7a9;border-top:0.5pt solid #a4a7a9;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#00487a;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">James B. Stake</font></td><td colspan="3" style="border-bottom:0.5pt solid #a4a7a9;border-top:0.5pt solid #a4a7a9;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">29,276</font></td><td colspan="2" style="border-bottom:0.5pt solid #a4a7a9;border-top:0.5pt solid #a4a7a9;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">0.03&#160;</font></td><td style="border-bottom:0.5pt solid #a4a7a9;border-top:0.5pt solid #a4a7a9;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">%</font></td><td colspan="3" style="border-bottom:0.5pt solid #a4a7a9;border-top:0.5pt solid #a4a7a9;padding:0 1pt"></td></tr></table></div><div style="height:72pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><img alt="image_0.jpg" src="image_0.jpg" style="height:43px;margin-bottom:5pt;vertical-align:text-bottom;width:196px"><font style="background-color:#ffffff;color:#000000;font-family:'Arial',sans-serif;font-size:1pt;font-weight:400;line-height:120%">&#160;</font></div></div></div><hr style="page-break-after:always"><div style="min-height:72pt;width:100%"><div><font><br></font></div></div><div style="margin-bottom:6pt;margin-top:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:42.970%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:19.893%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.566%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:17.171%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#00487a;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">Paula C. Tolliver</font></td><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">12,127</font></td><td colspan="2" style="border-top:0.5pt solid #a4a7a9;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">0.01&#160;</font></td><td style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">%</font></td><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:8pt"><font style="color:#00487a;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">Henry W. &#8220;Jay&#8221; Winship</font><font style="color:#00487a;font-family:'Arial',sans-serif;font-size:5.85pt;font-weight:400;line-height:125%;position:relative;top:-3.15pt;vertical-align:baseline">(10)</font></div></td><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">272,872</font></td><td colspan="2" style="border-top:0.5pt solid #a4a7a9;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">0.24&#160;</font></td><td style="border-top:0.5pt solid #a4a7a9;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">%</font></td><td colspan="3" style="border-top:0.5pt solid #a4a7a9;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #00487a;border-top:0.5pt solid #a4a7a9;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">All current executive officers<br>and directors as a group (18 people)</font></td><td colspan="3" style="border-bottom:1pt solid #00487a;border-top:0.5pt solid #a4a7a9;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">1,376,878</font></td><td colspan="2" style="border-bottom:1pt solid #00487a;border-top:0.5pt solid #a4a7a9;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">1.19&#160;</font></td><td style="border-bottom:1pt solid #00487a;border-top:0.5pt solid #a4a7a9;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">%</font></td><td colspan="3" style="border-bottom:1pt solid #00487a;border-top:0.5pt solid #a4a7a9;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:125%">429,925</font></td></tr></table></div><div style="margin-bottom:4pt;margin-top:4pt;padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:11.65pt">Beneficial ownership is determined in accordance with rules of the Securities and Exchange Commission and generally includes voting power and&#47;or investment power with respect to securities. Shares of common stock subject to options currently exercisable within 60 days of March 13, 2024, are deemed outstanding for computing the percentage beneficially owned by the person holding such options but are not deemed outstanding for computing the percentage beneficially owned by any other person.</font></div><div style="margin-bottom:4pt;margin-top:4pt;padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(2)</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:11.65pt">The figures in this column represent the performance-based restricted shares and units granted to the NEOs and the other executive officers of the company.</font></div><div style="margin-bottom:4pt;margin-top:4pt;padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(3)</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:11.65pt">Disclosure is made in reliance upon a statement on Schedule 13G&#47;A filed with the Securities and Exchange Commission on February 13, 2024. The Vanguard Group, Inc., filing as an investment adviser in accordance with Rule 240.13d-1(b)(1)(ii)(E), has shared voting power over 153,135 shares, sole dispositive power over 13,513,714 shares, and shared dispositive power over 524,335 shares.</font></div><div style="margin-bottom:4pt;margin-top:4pt;padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(4)</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:11.65pt">Disclosure is made in reliance upon a statement on Schedule 13G&#47;A filed with the Securities and Exchange Commission on January 24, 2024. BlackRock, Inc., filing as a parent holding company or control person in accordance with Rule 240.13d-1(b)(1)(ii)(G), has sole voting power over 11,889,438 shares and sole dispositive power over 13,065,167 shares.</font></div><div style="margin-bottom:4pt;margin-top:4pt;padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(5)</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:11.65pt">Disclosure is made in reliance upon a statement on Schedule 13G&#47;A filed with the Securities and Exchange Commission on February 8, 2024, by First Eagle Investment Management, LLC (&#8220;FEIM&#8221;), filing as an investment adviser in accordance with Rule 240.13d-1(b)(1)(ii)(E), has sole voting power over 8,571,979 shares and sole dispositive power over 9,482,897 shares. The First Eagle Global Fund, a registered investment company for which FEIM acts as investment adviser, may be deemed to beneficially own 6,737,246 shares, or 5.78% of the company&#8217;s common stock.</font></div><div style="margin-bottom:4pt;margin-top:4pt;padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(6)</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:11.65pt">Disclosure is made in reliance upon a statement on Schedule 13G&#47;A filed with the Securities and Exchange Commission on January 30, 2024, by State Street Corporation, filing as a parent holding company or control person in accordance with Rule 240.13d-1(b)(1)(ii)(G), has shared voting power over 5,153,469 shares and shared dispositive power over 7,964,376 shares.</font></div><div style="margin-bottom:4pt;margin-top:4pt;padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(7)</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:11.65pt">Includes 85,976 shares underlying time-based stock options exercisable within 60 days.</font></div><div style="margin-bottom:4pt;margin-top:4pt;padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(8)</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:11.65pt">Includes 43,520 shares underlying time-based stock options exercisable within 60 days.</font></div><div style="margin-bottom:4pt;margin-top:4pt;padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(9)</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:11.65pt">Includes 10,408 shares underlying time-based stock options exercisable within 60 days.</font></div><div style="margin-bottom:4pt;margin-top:4pt;padding-left:18pt;text-indent:-18pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(10)</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.76pt">Includes 266,936 shares beneficially owned by Pacific Point Advisors LLC. Mr. Winship disclaims beneficial ownership of the shares held by Pacific Point except to the extent of his actual pecuniary interest in such shares.</font></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%;text-decoration:underline">Correction to Page 96&#58;</font></div><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#00487a;font-family:'Arial',sans-serif;font-size:20pt;font-weight:700;line-height:120%">Questions and Answers about the Annual Meeting</font></div><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#002a4e;font-family:'Arial',sans-serif;font-size:16pt;font-weight:700;line-height:120%">General Information</font></div><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Who is entitled to vote&#63;</font></div><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Holders of record of C.H. Robinson Worldwide, Inc., common stock, par value $0.10 per share, at the close of business on March 13, 2024, are entitled to vote at our Annual Meeting. March 13, 2024 is referred to as the record date. As of the record date, 115,711,775 shares of common stock were outstanding. Each share is entitled to one vote. There is no cumulative voting.</font></div><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Shares are counted as present at the Annual Meeting if either the shareholder is present and votes during the Annual Meeting, or has properly submitted a proxy by mail, by telephone, or by internet. To achieve a quorum and conduct business at the Annual Meeting, a majority of our issued and outstanding common stock as of March 13, 2024 must be present and entitled to vote. If a quorum is not represented at the Annual Meeting, the shareholders and proxies entitled to vote will have the power to adjourn the Annual Meeting until a quorum is represented.</font></div><div style="height:72pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><img alt="image_0.jpg" src="image_0.jpg" style="height:43px;margin-bottom:5pt;vertical-align:text-bottom;width:196px"><font style="background-color:#ffffff;color:#000000;font-family:'Arial',sans-serif;font-size:1pt;font-weight:400;line-height:120%">&#160;</font></div></div></div></body></html>
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
