<SEC-DOCUMENT>0001140361-14-013983.txt : 20140324
<SEC-HEADER>0001140361-14-013983.hdr.sgml : 20140324
<ACCEPTANCE-DATETIME>20140324165421
ACCESSION NUMBER:		0001140361-14-013983
CONFORMED SUBMISSION TYPE:	DEFA14A
PUBLIC DOCUMENT COUNT:		3
FILED AS OF DATE:		20140324
DATE AS OF CHANGE:		20140324
EFFECTIVENESS DATE:		20140324

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SENSIENT TECHNOLOGIES CORP
		CENTRAL INDEX KEY:			0000310142
		STANDARD INDUSTRIAL CLASSIFICATION:	INDUSTRIAL ORGANIC CHEMICALS [2860]
		IRS NUMBER:				390561070
		STATE OF INCORPORATION:			WI
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		DEFA14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-07626
		FILM NUMBER:		14713674

	BUSINESS ADDRESS:	
		STREET 1:		777 EAST WISCONSIN AVENUE
		CITY:			MILWAUKEE
		STATE:			WI
		ZIP:			53202
		BUSINESS PHONE:		4142716755

	MAIL ADDRESS:	
		STREET 1:		PO BOX 737
		CITY:			MILWAUKEE
		STATE:			WI
		ZIP:			53201

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	UNIVERSAL FOODS CORP
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>DEFA14A
<SEQUENCE>1
<FILENAME>formdefa14a.htm
<DESCRIPTION>SENSIENT TECHNOLOGIES CORP DEFA 14A 3-24-2014
<TEXT>
<html>
<head>
<title></title>
<!--Licensed to: Thomson Reuters Accelus
    Document created using Disclosure Solutions PROFILE 2.5.3.0
    Copyright 1995 - 2014 Thomson Reuters Accelus.  All rights reserved.-->
</head>
<body style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt" bgcolor="#ffffff" text="#000000">
<div>
<hr style="BORDER-BOTTOM: black 1px solid; BACKGROUND-COLOR: #ffffff; HEIGHT: 10px; COLOR: #ffffff; BORDER-TOP: black 4px solid">
</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 14pt; FONT-WEIGHT: bold">UNITED STATES</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 14pt; FONT-WEIGHT: bold">SECURITIES AND EXCHANGE COMMISSION</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 12pt; FONT-WEIGHT: bold">Washington, D.C. 20549</div>

<div><br>
</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 18pt; FONT-WEIGHT: bold">SCHEDULE 14A INFORMATION</div>

<div style="TEXT-ALIGN: justify"><br>
</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt">Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt">(Amendment No.&#160;&#160; )</div>

<div>&#160;</div>

<div>
<div style="TEXT-ALIGN: left; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt">Filed by the Registrant&#160; <font style="FONT-FAMILY: Wingdings; FONT-SIZE: 10pt">x</font></div>

<div><br>
</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt">Filed by a Party other than the Registrant&#160; <font style="FONT-FAMILY: Wingdings; FONT-SIZE: 10pt">o</font></div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt">&#160;</div>
</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt">Check the appropriate box:</div>

<div style="TEXT-ALIGN: justify"><br>
</div>

<div style="TEXT-ALIGN: left">
<table style="WIDTH: 100%; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt" class="DSPFListTable" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 18pt; FONT-FAMILY: Wingdings; FONT-SIZE: 10pt; VERTICAL-ALIGN: top; align: right">o</td>
<td style="TEXT-ALIGN: left; WIDTH: auto; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt; VERTICAL-ALIGN: top">Preliminary Proxy Statement</td>
</tr>
</table>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: -18pt; MARGIN-LEFT: 18pt"><br>
</div>

<div style="TEXT-ALIGN: left">
<table style="WIDTH: 100%; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt" class="DSPFListTable" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 18pt; FONT-FAMILY: Wingdings; FONT-SIZE: 10pt; VERTICAL-ALIGN: top; align: right">o</td>
<td style="TEXT-ALIGN: left; WIDTH: auto; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt; VERTICAL-ALIGN: top">Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))</td>
</tr>
</table>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: -18pt; MARGIN-LEFT: 18pt"><br>
</div>

<div style="TEXT-ALIGN: left">
<table style="WIDTH: 100%; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt" class="DSPFListTable" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 18pt; FONT-FAMILY: Wingdings; FONT-SIZE: 10pt; VERTICAL-ALIGN: top; align: right">o</td>
<td style="TEXT-ALIGN: left; WIDTH: auto; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt; VERTICAL-ALIGN: top">Definitive Proxy Statement</td>
</tr>
</table>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: -18pt; MARGIN-LEFT: 18pt"><br>
</div>

<div style="TEXT-ALIGN: left">
<table style="WIDTH: 100%; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt" class="DSPFListTable" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 18pt; FONT-FAMILY: Wingdings; FONT-SIZE: 10pt; VERTICAL-ALIGN: top; align: right">o</td>
<td style="TEXT-ALIGN: left; WIDTH: auto; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt; VERTICAL-ALIGN: top">Definitive Additional Materials</td>
</tr>
</table>
</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: -18pt; MARGIN-LEFT: 18pt"><font style="FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt"><a name="_GoBack"><!--Anchor--></a></font><br>
</div>

<div style="TEXT-ALIGN: left">
<table style="WIDTH: 100%; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt" class="DSPFListTable" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 18pt; FONT-FAMILY: Wingdings; FONT-SIZE: 10pt; VERTICAL-ALIGN: top; align: right">x</td>
<td style="TEXT-ALIGN: left; WIDTH: auto; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt; VERTICAL-ALIGN: top">Soliciting Material under Section 240.14a-12</td>
</tr>
</table>
</div>

<div style="TEXT-ALIGN: justify"><br>
</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', serif; FONT-SIZE: 24pt; FONT-WEIGHT: bold">SENSIENT TECHNOLOGIES CORPORATION</div>

<div style="TEXT-ALIGN: justify"><br>
</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt">(Name of Registrant as Specified In Its Charter)</div>

<div style="TEXT-ALIGN: justify"><br>
</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt">(Name of Person(s) Filing Proxy Statement, if other than the Registrant)</div>

<div style="TEXT-ALIGN: justify"><br>
</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt">Payment of Filing Fee (Check the appropriate box):</div>

<div style="TEXT-ALIGN: left"><br>
</div>

<div style="TEXT-ALIGN: left">
<table style="WIDTH: 100%; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt" class="DSPFListTable" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 18pt; FONT-FAMILY: Wingdings; FONT-SIZE: 10pt; VERTICAL-ALIGN: top; align: right">x</td>
<td style="TEXT-ALIGN: left; WIDTH: auto; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt; VERTICAL-ALIGN: top">No fee required</td>
</tr>
</table>
</div>

<div style="TEXT-ALIGN: justify"><br>
</div>

<div style="TEXT-ALIGN: left">
<table style="WIDTH: 100%; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt" class="DSPFListTable" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 18pt; FONT-FAMILY: Wingdings; FONT-SIZE: 10pt; VERTICAL-ALIGN: top; align: right">o</td>
<td style="TEXT-ALIGN: left; WIDTH: auto; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt; VERTICAL-ALIGN: top">Fee computed on table below per Exchange Act Rules 14a-6(i)(4) and 0-11.</td>
</tr>
</table>
</div>

<div style="TEXT-ALIGN: justify"><br>
</div>

<div style="TEXT-ALIGN: left">
<table style="WIDTH: 100%; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt" class="DSPFListTable" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 18pt"></td>
<td style="WIDTH: 18pt; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt; VERTICAL-ALIGN: top; align: right">(1)</td>
<td style="TEXT-ALIGN: left; WIDTH: auto; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt; VERTICAL-ALIGN: top">Title of each class of securities to which transaction applies:</td>
</tr>
</table>
</div>

<div>&#160;</div>

<div style="TEXT-ALIGN: left">
<table style="WIDTH: 100%; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt" class="DSPFListTable" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 18pt"></td>
<td style="WIDTH: 18pt; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt; VERTICAL-ALIGN: top; align: right">(2)</td>
<td style="TEXT-ALIGN: left; WIDTH: auto; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt; VERTICAL-ALIGN: top">Aggregate number of securities to which transaction applies:</td>
</tr>
</table>
</div>

<div>&#160;</div>

<div style="TEXT-ALIGN: left">
<table style="WIDTH: 100%; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt" class="DSPFListTable" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 18pt"></td>
<td style="WIDTH: 18pt; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt; VERTICAL-ALIGN: top; align: right">(3)</td>
<td style="TEXT-ALIGN: left; WIDTH: auto; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt; VERTICAL-ALIGN: top">Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (Set forth the amount on which the filing fee is calculated and state how it was determined):</td>
</tr>
</table>
</div>

<div><br>
</div>

<div style="TEXT-ALIGN: left">
<table style="WIDTH: 100%; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt" class="DSPFListTable" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 18pt"></td>
<td style="WIDTH: 18pt; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt; VERTICAL-ALIGN: top; align: right">(4)</td>
<td style="TEXT-ALIGN: left; WIDTH: auto; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt; VERTICAL-ALIGN: top">Proposed maximum aggregate value of transaction:</td>
</tr>
</table>
</div>

<div><br>
</div>

<div style="TEXT-ALIGN: left">
<table style="WIDTH: 100%; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt" class="DSPFListTable" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 18pt"></td>
<td style="WIDTH: 18pt; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt; VERTICAL-ALIGN: top; align: right">(5)</td>
<td style="TEXT-ALIGN: left; WIDTH: auto; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt; VERTICAL-ALIGN: top">Total fee paid:</td>
</tr>
</table>
</div>

<div>&#160;</div>

<div style="TEXT-ALIGN: left">
<table style="WIDTH: 100%; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt" class="DSPFListTable" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 18pt; FONT-FAMILY: Wingdings; FONT-SIZE: 10pt; VERTICAL-ALIGN: top; align: right">o</td>
<td style="TEXT-ALIGN: left; WIDTH: auto; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt; VERTICAL-ALIGN: top">Fee paid previously with preliminary materials.</td>
</tr>
</table>
</div>

<div style="TEXT-ALIGN: justify"><br>
</div>

<div style="TEXT-ALIGN: justify; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt"><font style="FONT-FAMILY: Wingdings; FONT-SIZE: 10pt">o</font>&#160; Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.</div>

<div style="TEXT-ALIGN: justify"><br>
</div>

<div style="TEXT-ALIGN: left">
<table style="WIDTH: 100%; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt" class="DSPFListTable" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 18pt"></td>
<td style="WIDTH: 18pt; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt; VERTICAL-ALIGN: top; align: right">(1)</td>
<td style="TEXT-ALIGN: left; WIDTH: auto; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt; VERTICAL-ALIGN: top">Amount Previously Paid:</td>
</tr>
</table>
</div>

<div><br>
</div>

<div style="TEXT-ALIGN: left">
<table style="WIDTH: 100%; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt" class="DSPFListTable" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 18pt"></td>
<td style="WIDTH: 18pt; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt; VERTICAL-ALIGN: top; align: right">(2)</td>
<td style="TEXT-ALIGN: left; WIDTH: auto; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt; VERTICAL-ALIGN: top">Form, Schedule or Registration Statement No.:</td>
</tr>
</table>
</div>

<div><br>
</div>

<div style="TEXT-ALIGN: left">
<table style="WIDTH: 100%; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt" class="DSPFListTable" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 18pt"></td>
<td style="WIDTH: 18pt; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt; VERTICAL-ALIGN: top; align: right">(3)</td>
<td style="TEXT-ALIGN: left; WIDTH: auto; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt; VERTICAL-ALIGN: top">Filing Party:</td>
</tr>
</table>
</div>

<div><br>
</div>

<div style="TEXT-ALIGN: left">
<table style="WIDTH: 100%; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt" class="DSPFListTable" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 18pt"></td>
<td style="WIDTH: 18pt; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt; VERTICAL-ALIGN: top; align: right">(4)</td>
<td style="TEXT-ALIGN: left; WIDTH: auto; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt; VERTICAL-ALIGN: top">Date Filed:</td>
</tr>
</table>
</div>

<div style="TEXT-ALIGN: left">&#160;</div>

<div>
<hr style="BORDER-BOTTOM: black 4px solid; BACKGROUND-COLOR: #ffffff; HEIGHT: 10px; COLOR: #ffffff; BORDER-TOP: black 1px solid">
</div>

<div>&#160;</div>

<div style="TEXT-ALIGN: left">Attached is a written communication sent by Paul Manning, President and Chief Executive Officer of Sensient Technologies Corporation (the &#8220;Company&#8221;), to the Company&#8217;s employees on March 24, 2014.</div>

<div>&#160;</div>

<div style="MARGIN-TOP: 10pt; MARGIN-BOTTOM: 10pt; CLEAR: both" id="DSPFPageBreakArea">
<hr style="PAGE-BREAK-AFTER: always; BORDER-RIGHT-WIDTH: 0px; BACKGROUND-COLOR: #000000; MARGIN: 4px 0px; WIDTH: 100%; BORDER-TOP-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; HEIGHT: 2px; COLOR: #000000; CLEAR: both; BORDER-LEFT-WIDTH: 0px" id="DSPFPageBreak" noshade="noshade">
</div>

<div>
<div style="TEXT-ALIGN: right; FONT-FAMILY: ''Times New Roman'', Times, serif; MARGIN-LEFT: 1pt; FONT-SIZE: 10pt"><img src="image00001.jpg"></div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: ''Times New Roman'', Times, serif; MARGIN-LEFT: 1pt; FONT-SIZE: 10pt">&#160;</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: ''Times New Roman'', Times, serif; MARGIN-LEFT: 1pt; FONT-SIZE: 10pt">Dear Sensient Employees:</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: ''Times New Roman'', Times, serif; MARGIN-LEFT: 1pt; FONT-SIZE: 10pt">&#160;</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: ''Times New Roman'', Times, serif; MARGIN-LEFT: 1pt; FONT-SIZE: 10pt">As you may have seen, an activist hedge fund called FrontFour Capital Group LLC is seeking to elect four of its nominees to Sensient's Board of Directors. FrontFour is a relatively new shareholder in Sensient that has disclosed an ownership interest of approximately 1.5% of the Company's outstanding shares.</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: ''Times New Roman'', Times, serif; MARGIN-LEFT: 1pt; FONT-SIZE: 10pt">&#160;</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: ''Times New Roman'', Times, serif; MARGIN-LEFT: 1pt; FONT-SIZE: 10pt">The experience and expertise of our Board has been critical to guiding the Company in its current strategy and setting the course for continued and sustainable growth at Sensient. Our Board and management team remain committed to our strategy, which we believe is in the best interests of all of our shareholders. On that basis, Sensient's Board of Directors is recommending that shareholders vote for the Company's slate of nine, highly qualified directors instead of the nominees being proposed by FrontFour.</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: ''Times New Roman'', Times, serif; MARGIN-LEFT: 1pt; FONT-SIZE: 10pt">&#160;</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: ''Times New Roman'', Times, serif; MARGIN-LEFT: 1pt; FONT-SIZE: 10pt">Over the next few weeks, we will continue to communicate with our shareholders regarding the strength of Sensient's strategy and our positive outlook for the Company. Those of you who are our shareholders will have the opportunity to vote prior to our 2014 Annual Meeting scheduled for April 24. <font style="FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">We encourage all our shareholders to vote for the current Board on the <u>WHITE</u> proxy card that accompanies our written shareholder communications.</font> If you are a shareholder, you will also receive a green proxy card in a separate mailing from the activist shareholders and we urge you to throw the green card away. If you have voted the green card, you may still submit the WHITE card because the last card voted will determine your vote.</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: ''Times New Roman'', Times, serif; MARGIN-LEFT: 1pt; FONT-SIZE: 10pt">&#160;</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: ''Times New Roman'', Times, serif; MARGIN-LEFT: 1pt; FONT-SIZE: 10pt">As this matter progresses, there will likely be additional coverage in the media, which is normal in these circumstances. It is important that we do not allow this activity to distract us from managing our business. The best thing we can all do in the face of FrontFour's behavior is to continue executing our strategy and delivering innovative solutions to our customers.</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: ''Times New Roman'', Times, serif; MARGIN-LEFT: 1pt; FONT-SIZE: 10pt">&#160;</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: ''Times New Roman'', Times, serif; MARGIN-LEFT: 1pt; FONT-SIZE: 10pt">Our business success is a direct result of your commitment to Sensient. As always, thank you for all of your ongoing hard work.</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt">&#160;</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt">Sincerely,</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt">&#160;</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt">&#160;</div>

<div style="TEXT-ALIGN: left"><img src="image0.jpg"></div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt">&#160;</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt">Paul Manning</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt">President and Chief Executive Officer </div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt">Sensient Technologies Corporation</div>

<div style="MARGIN-TOP: 10pt; MARGIN-BOTTOM: 10pt; CLEAR: both" id="DSPFPageBreakArea">
<hr style="PAGE-BREAK-AFTER: always; BORDER-RIGHT-WIDTH: 0px; BACKGROUND-COLOR: #000000; MARGIN: 4px 0px; WIDTH: 100%; BORDER-TOP-WIDTH: 0px; BORDER-BOTTOM-WIDTH: 0px; HEIGHT: 2px; COLOR: #000000; CLEAR: both; BORDER-LEFT-WIDTH: 0px" id="DSPFPageBreak" noshade="noshade">
</div>

<div>
<div style="TEXT-ALIGN: left; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">FORWARD-LOOKING STATEMENTS</div>

<div><br>
 &#160;</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: ''Times New Roman'', Times, serif; COLOR: #000000; FONT-SIZE: 10pt">This letter contains forward-looking statements (as that term is defined in the Private Securities Litigation Reform Act of 1995) that reflect management's current assumptions and estimates of future economic circumstances, industry conditions, Company performance and financial results.&#160; A variety of factors could cause the Company's actual results and experience to differ materially from the anticipated results, including, but not limited to the factors noted in this letter and in the Management's Discussion and Analysis in our most recently filed annual report on Form 10-K for the year ended December 31, 2013. The forward-looking statements in this letter speak only as to the date of the letter.&#160; Sensient Technologies Corporation expressly disclaims any obligation or undertaking to release publicly any updates or revisions to such statements to reflect any change in its expectations upon which such statements are based.</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">ADDITIONAL INFORMATION</div>

<div><br>
 &#160;</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: ''Times New Roman'', Times, serif; COLOR: #000000; FONT-SIZE: 10pt">In connection with its 2014 Annual Meeting of Shareholders, Sensient has filed a proxy statement and other documents regarding the 2014 Annual Meeting of Shareholders with the Securities and Exchange Commission (&#8220;SEC&#8221;) and has mailed the definitive proxy statement and a proxy card to each shareholder of record entitled to vote at the 2014 Annual Meeting of Shareholders. <font style="FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">SHAREHOLDERS ARE ENCOURAGED TO READ THE PROXY STATEMENT AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION.</font></div>

<div><br>
 &#160;</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: ''Times New Roman'', Times, serif; COLOR: #000000; FONT-SIZE: 10pt">Investors and security holders may obtain the documents free of charge at the SEC&#8217;s website, www.sec.gov, from Sensient at its website, www.sensient.com, or by writing to Sensient Technologies Corporation, 777 East Wisconsin Avenue, Milwaukee, WI 53202, Attention: Investor Relations.</div>
</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt">&#160;</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt">&#160;</div>

<div style="TEXT-ALIGN: left; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt">
<hr style="HEIGHT: 2px; COLOR: #000000" noshade="noshade">
</div>
</div>
</body>
</html>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>image0.jpg
<TEXT>
begin 644 image0.jpg
M_]C_X``02D9)1@`!`0$`8`!@``#_VP!#``@&!@<&!0@'!P<)"0@*#!0-#`L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+#`Q-#0T'R<Y/3@R/"XS-#+_
MVP!#`0D)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P``1"``\`+,#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#WR65(8FDD
M=411EF8X`'O6$VIZGJY`T:!(+;<,WMTN0Z]_+3J?J<#ZTKHNOZC)&^6TZS?8
MR=II1SSZJOIW/TK>50HP.@Z"@#`_X1:.:5I+_5=3O-PP8VG\M/P5,4[_`(0S
MPV?,WZ/:NTGWV=-S-^)YK>HH`P/^$/TJ&+9IXN-.]#9S,@'_``'I^E*;77-,
M"FVNQJ<2_>BN0$E/^ZXP/P(_&MZB@#.TG6;76(I&A#QS0MLG@E&V2%O1A_D&
MM&N;U=%T_P`2:3J$("M<R&SG`X\P,,J3ZD$5T@Z4`%%%1S3Q6\32S2+'&HRS
M,<`"@"2BL+_A+-/V&7R;TVPY^T"V?R\>N<=*UK2\M[ZW2XM9DFA<95T.0:`)
MZ***`"BBB@`HHHH`****`"BBB@`HHHH`R_#D#6_A^S21"LACWN#U+'DD^^36
MI3694&6(`]2<54U748]*TNYOION0H6Q_>/8?B<"@!;;48KN\NK>)6)MF"N^/
ME)(S@'VJY6/X9L9['18OM7_'W<,;BX_WW.2/PZ5H7%_:6BEKBYAB`_ON!0!8
MIKNJ*2Q``&22>`*QI/$*RL8]-L[B^D[,B[8_Q<\5#)HEWK(4ZY.I@ZFQMB1&
M?]]NK?3I0!6@E;Q)XEANHD;^R=-R8I2/EN)B,97U51GGUKJ3PM-CC2")8XU5
M$4855&`!Z"N9\5:A=7+)X=TB11J5ZO[V3/\`QZP_Q2'W[`=S0!'HNMWWB/Q1
M=S6<@30+$&$,%YNINY!_NK_.NDNK*WOD6.ZB66-6#[&Y!(Z9'>H=&TFUT/2K
M?3K)-L$"[1GJ3W)]S5^@$)C`KF=`B%OXH\10P!5M?,B<(O02,N7/L3Q6IKFN
M6FA:>US<OES\L,*GYYI#T11W)-<787.K>&)-.EU:Y@C;4KB6>\ME7<1E2<[N
MN0=J@"@1Z*[K&A9F"J!DDG``K%?6+F_^71;=9U.1]JF;;"#[=V_"FI8W&N$2
MZFIBLNL=D#RWH9#_`.R]*VOW<$/\*1H/H%`_D*!G.2:CK.F:OI5M>RVES'?N
MT3+%&5:,A<[ASR/7/K73UR^C@Z]K;Z^ZD6<*M!IX(^\,_/)^.,#VKJ*`"BBB
M@`J*6YAAEBCDE1'E.(U9L%SZ#UJ6J\]E:W4T$T\*226[;XF89*-C&10!8%%)
M2YH`****`(+RSM[^T>VNHA+"XPR'O7'76CQZGXACTBWO+X6=BJSW(,VY0_\`
MRS09[CK^5=+KFJ?V3IK3JOF7#L(K>+_GI*W"C_/8&FZ#I`TG3A&YWW,K&6YE
M/)>1N2?IV'L*!,:?#]O(`+BYO9QCI).<'\JX^2VT2[6[U&Y\JS\-6#,F03F[
M<?>))Y*@\`#J:]&/-<_:>"]#LT>,6IEB8,!%,Y=$#')"@\"@&<Q9>,K'1=+@
MECANBUU(J064D^5@C8_(SD_ZO(YQ75V/BS2;YKXQ748ALG$<MP[!8RY&<*3U
MQ5R'0=*@L19QZ?;_`&<$-Y90$$CH3GJ:5M$TQIO.;3[8OQR8QVZ<=*`U.>US
MQ;<)9&33+9A$[B*.XF7!E=N`(DZL?<\5?\)^'#H=G)-=2&XU.[;S+JX<Y8G^
M[GT%7)=%2;Q%;ZK(P<6\!BBB9>(V)^\OH<<5K#I0,*YSQ/XMM_#Y@M$A>[U.
M[XM;2(99SZGT7WKHZIPZ590:A/?QVZ"[GP))B,L0.@SV'TH`Y;3/#SVUQ)XG
M\57"SW\2M(B?>CLUZD(/7'>I="L?^$AU<>*K^V=%V>7IL$PYCB[R$=F;K[`"
MNO*JP((!!Z@TH`'2@+"<*/2N$\0ZX=5L;YX@RZ%99^U3YV_:V'_+)#_<SPS5
MTOB'3;G5K&*SAD"P23+]J&XJ7B[J".F>*OK96RV:V8MX_LRKL$6T;<>F*!'!
MZ)\0!)J+:;)#%*L$*LXLT)VL1\L<8ZN,?Q<"M6'QR\^IW>FIH=[]KME5W!*[
M%!&?G;HIQVYKIXK&T@E:6&VACD8!2Z(`2!T&:E$,8WXC4;_O8'WOKZT`<CH_
MC:;7M+^TZ?I3LZ[O,>239"F#_?(YZ9X%.LO&MQ?Z'_:\&A7;6J9,C;@,@'!*
M#JP]/6NK2"*.(1)$BQ`8"*H"X^E.2-(U"H@50,!0,`4`<-:_$*34=:FM+'1[
MN2&(!0KQE9I&(R"`>%3W-6H/%FK/XB.DG2(YW5-\WV:7/V?^Z'8C&3Z"NO$:
M!BP4!CU(')H6-$+%44%N6('7ZT`<G<^,;JQCODG\/ZA+<VA'RVT>Y'!Z$-_.
ML6+Q9XIO+Z"V@L8TN;Y"((GCVQP*.LK$_,V/3`!-=EK6M)I,44:1M<7MP=EM
M;)]Z1O4^BCN>U1Z%HAL/.OKUQ<:K=X:YG[#T1?11T'YT`-M]$U!8$6?7KR24
M#YW"JH)]ACBBMRB@9!+:0SRQ2RQJ[PG=&6_A.,9'O4])10`M%)10`M%)10`M
M%)10`M%)10`M%)10`M%)10`M%)10`M%)10`M9FN:Q%HUCY[*9)I&$=O`I^::
M0]%%7I)&4\>M<PV+SXA,MP!(MC8)-;J>B.[$,V/7`QF@#0T31I;:1]2U)Q/J
9MP`))!]V)>HC0=@/7O6Y244`+1110!__V3\_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>image00001.jpg
<TEXT>
begin 644 image00001.jpg
M_]C_X``02D9)1@`!`0$`8`!@``#_VP!#``8$!08%!`8&!08'!P8("A`*"@D)
M"A0.#PP0%Q08&!<4%A8:'24?&ALC'!86("P@(R8G*2HI&1\M,"TH,"4H*2C_
MVP!#`0<'!PH("A,*"A,H&A8:*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H
M*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"C_P``1"`!``10#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#ZIHHHH`**
M**`"BBB@`HHHH`***,T`%%5I[ZW@XDE4'TZFLVXUY!D01%O=N!7'7Q^'H?Q)
MK]36%"I/X4;>:3(KEWU2^N#B/CVC6H_LNH7'+),W^\W^->?+.XRTH4Y2_KYG
M0L&U\<DCI9;R"+_628_`U"=7L0?]?_XXW^%8(T>\/_+,#ZL*7^QKP?P*?^!5
MSRS/,'\%"WJG_P``M8>AUG^1T$>HVLGW)<_\!/\`A5H,",@\5R+Z7>+UA)^A
M!J$K<6QR5EB/KR*2SO$4OX]'\U^=P>#IR^"9VN117*0:O=Q=7$@]'&:T[77(
MI.)U,9]>HKOP^=86MHWROS_SV,:F#J0UM<V**9'(LB!D964]P:?7JIIJZ.4*
M***8!1110`4444`%%%%`!1110`4444`%%%%`%>_2:2W*V[!7/<_2LQ-0NK0A
M;V`L!_&M;=(RAA@@$>]<E?#3G+VE.;B_O7W&L*B2M)711BU:TDQ^\VGT85:2
MYA?[LJ'_`($*AETZUESNA7)[CBJK:';'[I=?H:QYL=#>,9?-K_,JU%]6C3#J
M>C+^=!D0=77\ZR3H4?:>44G]A)WN)*7UC&?\^5_X$A\E+^?\#2>[@3[TL8_X
M%5>35[1,_O-Q'914"Z%;C[SR-4\>D6:?\L\_[QS2<\PGM&,?5M_D%J"W;91F
MUW<=MO`6/;=_A5=SJ=]@;&1/3[HKH([>*(8C15'L*EK-Y?7K?[Q6=NRT*5>$
M/@A]YST.A.>9I0/91FM&VTFUAYV;V]7YK0HK>AE>%HZQA=^>I$\34GNQJQJH
MPH`'L*=117>DEL8!1113`*1E!Z\TM%`%"[TJVN.=NQ_5>*Q[O19H@6A(D7TZ
M&NGHKS<3E6&Q&KC9]T=%/$U*>ST.+M[B>SE^0E".JGH:Z/3-32[^0C;+CIV-
M3W=C!=+^\4;NS#J*J:3IQM)YG<Y[(?:N#"X/%X*O&$)7IO\`#_(VJUJ5:#;5
MI&K1117T)PA1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1
M110`5'<3QV\32SR)'&HRS.<`#ZU)7@7[4FIZC!#HUA"\D>G3B1Y2O`D<8`!^
M@.<>];8>C[>HJ=[7,:]7V--SML>F+\3?![7/D#7;3?G;U.,_7%=9;7$5S$LM
MO(DL;#(9&!!_&OG;P!\//`?BKP[;-%JDYU4QKYZ>:%9)".1L],]/6O<_!GA^
M#POX<L](M9&ECMU(\Q^K$DDG\S6N)I4J>D&[^:,\/4JU-9)6\BYJNL:?I"1O
MJ=W#:K(2$,K8W$>E9O\`PFGAO_H-6/\`W]%>4_M6?\@?0/\`KXE_]!%<YX.^
M&WA#5O"^G7^H^(/L]W/$'DB\Q1M.>G-:TL+3=%59R>O9&=3$U%5=."6G=GT5
MI.LZ=JXD.F7D-TL9`<Q-G;GIG\J9JVO:7I$J1ZE?06SN-RB1\9%8_P`._!^G
M>#M&>UTJ1YH[B3SVF?J^0`/PP/UKQ?\`:J_Y&'0_^O5__0ZRH4(5J_LXO0TK
M5ITJ/M&M3Z/MYX[BWCG@=9(I%#(RG(8'H16;<>(M(M]2_L^?4+:.^W*GD,^&
MW-C:,>^1^=>*?L]^/7BD'A/6Y"K+G[$\AQ[F,_S'Y>E<Q\0?^3DHO^PCI_\`
MZ!#6L<`_:RIS>ROZF4L:O91J16[L?5&>*Q?$/BC1O#L:/K.H06F_A0[<G\*V
M?X:^,[&YM/$7Q%F;X@7EQ;0R2N)3G'EMGA/]E1T_"L\)AE7YG)Z+MN:XK$.C
M9):O[CZOT+Q?H.O$C2=4M;E@<%5?!S]#6]7D_A7X2^&K#7].U[1+^>:"W/F+
M'Y@=7..#N'IUQ7K%8UHTXR_=MM>9K1E4E']XK/R,0>+-"-T+8:K:?:"_E^7Y
M@SNSC'US6WGBOB>W_P"2KQ?]AL?^CZ^U^PK;&858?EL[W,<+B'7YKJUC#N/%
MWA^VN)8)]7LXYHF*.C2`%6!P0?QJ/_A-/#?_`$&K'_OZ*^6KC2K'6_C7JVG:
MK<_9;*?5+P239`VX:0CK[@"O5-$^#G@ZYU&(VFM27K0L)6A5E.Y01P<=CT_&
MMZF$HTDN>3U5]C&GBJU5ODBM';<]P1P\8=3E6&0?45E:9XDT?5+H6^GZC;7$
MY!8)&X)P.M:H4*F`,`=J^#O#NJ7VB:M!J>F.R7%HPDW#IC.,'V.<?C66#P:Q
M*EK9HUQ6*>'<=+W/NR]NX+*VDN+N5(H(QN>1S@*/>JVE:SIVKK(VF7D-T(\!
MS$V=N>F?RKSKQ)XIL_%_P0UK4[,@,UJ5FBSS%(",J?Z>U<S^RE_R#_$?_76#
M^3U"PMJ,ZDM'%VL5]9O5C".S5SV*_P#%&B:?=R6M]J=K!<1XW1R2`$9`(_0B
MJ_\`PFGAO_H-6/\`W]%<CXP^#ND^*?$=YK-Y>W44]SLW(@&!M14'Z**\"U[P
MA::?\6HO"T4TK6C7MM;>8?O;9-F3]?G-;8?"T*RTD[I7>AE7Q-:B]8JU[(^K
MHO&/AZ65(XM8LW=R%51(,DGH*U(M1M);AH(KF%YUZHK@D?A7E.G_``.TC2KR
M.^L[VYDNH,O")`-HD`.TGZ-@_A4>C:+>+K]NUM:303"2(X*8-OL>(N7;^+*K
M(!Z[CZBLI4:+_AR^\T56JOCB>R4445QG6%%%%`!1110`4444`%%%%`!6-XHT
M+2_$>FMIVL01S129V@G#*?[RGL1FMFO,/BYX!U[Q7?:=?>'M92RGM$,8CD=X
M@,G)8,@)R<*,8[=:UH).:O+E\S*LVH.T;^1Y/\1?A%J'@^VFUK1;[S["W^=C
MN\N:(9QD>O4=.:]2_9\\7WWB?PW=6^J,TMSISK'YYZR(P)&?<8(_*N)O_A!\
M0]3B%OJ?B:RN+;(RCWD[#\C'@U[%\._!ECX(T/\`L^Q9I9)&\R>=A@R/C'3L
M/05Z.*K0E0Y)R4I=&CAPU&4:W-&+C'S/,?VK/^0/H'_7Q+_Z"*Q_A]\&+#6=
M#T77;K6)`)PL[VODC!`;E=V[OCKBO1?C7X#U/QS8:9!I,]E"UK*[N;EV4$$`
M#&U6]*\W@^"WCZWA2*#Q%811(,*B7UPJ@>P$=7AZT?JT8*IRO4BO2?MW-PYE
MH?1\10*%3:`!@!>U?-_[57_(PZ%_UZO_`.AUZI\(_!VK^$]/OO\`A(=1%_?7
M$HVLD\DJ)&!P!O`P<EL\>E87QJ^&NL>.=5TVYTFYT^&.VA:-Q<R.I)+9XVHU
M<V$E3H8E-RT77Y'1B8SK8>RCJ^APWQ<\%30:%HGC#159'CM+?[6(^"K!%VRC
M'X`_@:X>WUZ3Q/\`%G1-7G79/<7MB)1VWIY:$CV.W/XU]=Z=IJQ^';73;U(I
M@EJEO*O5'P@4CGL:\0@^!NJ:?X[M=2TR\TX:/;WT5S''+(_G"-7#%<!,9X('
M//'2NK"XR'*XU'JD[/R?0YL1A)\RE36CM=>9]`?PUYE\1?A1H_C*1[ZSE6QU
M,YW2Q@%)#_M#U]Z])NHY);6:.&7R960JDFW=L)'!QWQ7@!^$7C^PN[@:/XK@
M6U9RRE[J:-FSSDJ%(!^A-<&$TDY*?*T=N*U2BX<R.`M]2\1_";QB;%[DLL+*
MTENKYBF0\].V1WZU]?6LPGMXY5!"R*'`/7D9KPSPM\#;V36CJ/C?5(K]E=7$
M<,CR>=CL[.H..G`SQZ5[P``,`8%:YA5IU''EU?5]S/`TJE-2YM%T1\3V_P#R
M5B+_`+#8_P#1]?;':OGB+X)>)$\;)K!O=(^S#41=E?-DW[/,W8QY>,X]Z^AB
M#CCK59C6A5Y.1WLB<!2G3YN=6U/CN70$\4_&W5M&EN&MDNM4O`957<5VM(W3
M(_NXKZ#^%_PYLO`4E_+#?F]FN@B[WC"%%7/`P3U)_05YOXA^"GBN]\7:KJ^F
MZGI5N+F\FN(F^T2I(JN[$9Q'P<'!P:;#\'/'_G1^=XGMA%N&_9?W!.,\X^3K
M75B*D*T%%54E971S4:<Z4W)TVW=ZGT7G(R.E?(_P"TRVUKQ;J.FWR![:ZTR:
M)Q[%DY'N#@BOK2V@6VM8H(\[(T"+N.3@#`R:\9^$'PIUSP9XL;4]4NM-EMS;
M/#MMI'9LDJ1PR`8X]:XL)5C3I54W9NUOQ.S$TI3J4VE=*]_P/(]6CU3X<ZCX
MA\-WH:2SU"V:($<+(#S'*/RP?Q':O3/V4?\`CP\1_P#76#^3UZ!\6_`,?CC0
MEBMS##JMN=UM/(2%&3\RL0"<$>W4"L[X)^`=4\"VNJQZM<64S7;QLGV5W8`*
M&SG<J^M=%7%PK865]).U_/S.>GA9TL0K?"KGIE?+'C+_`).7M_\`L+6'\H:^
MIZ\6U_X5ZYJ/Q=B\5076FKIZWUM<F-Y'$NV/9N&`A&?D..:YL!4C3E)R=M&=
7.-IRG&*BKZH]IHP/2BBN$[`HHHH`_]D_
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
