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) Tj ET Q q 0 0 0 rg BT 382.28 82.75 Td (accelerated ) Tj ET Q q 0 0 0 rg BT 431.97 82.75 Td (filer) Tj ET Q q 0 0 0 rg BT 445.98 82.75 Td (,?) Tj ET Q q 0 0 0 rg BT 454.64 82.75 Td (“accelerated ) Tj ET Q q 0 0 0 rg BT 507.33 82.75 Td (filer) Tj ET Q q 0 0 0 rg BT 521.33 82.75 Td (,?) Tj ET Q q 0 0 0 rg BT 529.99 82.75 Td (“smaller ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 71.95 Td (reporting ) Tj ET Q q 0 0 0 rg BT 88.02 71.95 Td (company) Tj ET Q q 0 0 0 rg BT 123.87 71.95 Td (,?) Tj ET Q q 0 0 0 rg BT 131.87 71.95 Td (and ) Tj ET Q q 0 0 0 rg BT 149.39 71.95 Td ("emerging ) Tj ET Q q 0 0 0 rg BT 192.60 71.95 Td (growth ) Tj ET Q q 0 0 0 rg BT 222.12 71.95 Td (company" ) Tj ET Q q 0 0 0 rg BT 264.33 71.95 Td (in ) Tj ET Q q 0 0 0 rg BT 273.84 71.95 Td (Rule ) Tj ET Q q 0 0 0 rg BT 294.85 71.95 Td (12b-2 ) Tj ET Q q 0 0 0 rg BT 320.36 71.95 Td (of ) Tj ET Q q 0 0 0 rg BT 330.37 71.95 Td (the ) Tj ET Q q 0 0 0 rg BT 345.38 71.95 Td (Exchange ) Tj ET Q q 0 0 0 rg BT 387.42 71.95 Td (Act.) Tj ET Q endstream endobj 5 0 obj <> endobj 6 0 obj <> stream BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 739.45 Td (Large accelerated filer) Tj ET Q /GS0 gs q 6.60 0 0 8.44 287.65 737.56 cm /I11 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 303.00 739.45 Td (  ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 347.00 739.45 Td (Accelerated filer) Tj ET Q /GS0 gs q 6.60 0 0 8.44 547.00 737.56 cm /I12 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 726.90 Td (Non-accelerated filer) Tj ET Q /GS0 gs q 6.60 0 0 8.44 287.65 725.01 cm /I13 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 347.00 726.90 Td (Smaller reporting company) Tj ET Q /GS0 gs q 6.60 0 0 8.44 547.00 725.01 cm /I14 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 711.90 Td (Emerging growth company) Tj ET Q /GS0 gs q 6.60 0 0 8.44 287.65 710.01 cm /I15 Do Q BT /F1 10.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 691.20 Td (If ) Tj ET Q q 0 0 0 rg BT 57.66 691.20 Td (an ) Tj ET Q q 0 0 0 rg BT 70.33 691.20 Td (emerging ) Tj ET Q q 0 0 0 rg BT 110.52 691.20 Td (growth ) Tj ET Q q 0 0 0 rg BT 140.19 691.20 Td (company) Tj ET Q q 0 0 0 rg BT 176.04 691.20 Td (, ) Tj ET Q q 0 0 0 rg BT 181.20 691.20 Td (indicate ) Tj ET Q q 0 0 0 rg BT 214.89 691.20 Td (by ) Tj ET Q q 0 0 0 rg BT 227.05 691.20 Td (check ) Tj ET Q q 0 0 0 rg BT 253.23 691.20 Td (mark ) Tj ET Q q 0 0 0 rg BT 275.89 691.20 Td (if ) Tj ET Q q 0 0 0 rg BT 283.05 691.20 Td (the ) Tj ET Q q 0 0 0 rg BT 298.22 691.20 Td (registrant ) Tj ET Q q 0 0 0 rg BT 338.40 691.20 Td (has ) Tj ET Q q 0 0 0 rg BT 355.57 691.20 Td (elected ) Tj ET Q q 0 0 0 rg BT 387.26 691.20 Td (not ) Tj ET Q q 0 0 0 rg BT 402.43 691.20 Td (to ) Tj ET Q q 0 0 0 rg BT 412.60 691.20 Td (use ) Tj ET Q q 0 0 0 rg BT 429.77 691.20 Td (the ) Tj ET Q q 0 0 0 rg BT 444.94 691.20 Td (extended ) Tj ET Q q 0 0 0 rg BT 484.64 691.20 Td (transition ) Tj ET Q q 0 0 0 rg BT 523.82 691.20 Td (period ) Tj ET Q q 0 0 0 rg BT 551.50 691.20 Td (for ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 680.40 Td (complying ) Tj ET Q q 0 0 0 rg BT 91.88 680.40 Td (with ) Tj ET Q q 0 0 0 rg BT 109.25 680.40 Td (any ) Tj ET Q q 0 0 0 rg BT 125.13 680.40 Td (new ) Tj ET Q q 0 0 0 rg BT 143.00 680.40 Td (or ) Tj ET Q q 0 0 0 rg BT 152.37 680.40 Td (revised ) Tj ET Q q 0 0 0 rg BT 182.75 680.40 Td (financial ) Tj ET Q q 0 0 0 rg BT 217.14 680.40 Td (accounting ) Tj ET Q q 0 0 0 rg BT 262.03 680.40 Td (standards ) Tj ET Q q 0 0 0 rg BT 302.92 680.40 Td (provided ) Tj ET Q q 0 0 0 rg BT 338.81 680.40 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 375.20 680.40 Td (to ) Tj ET Q q 0 0 0 rg BT 384.07 680.40 Td (Section ) Tj ET Q q 0 0 0 rg BT 415.46 680.40 Td (13\(a\) ) Tj ET Q q 0 0 0 rg BT 437.83 680.40 Td (of ) Tj ET Q q 0 0 0 rg BT 446.70 680.40 Td (the ) Tj ET Q q 0 0 0 rg BT 460.58 680.40 Td (Exchange ) Tj ET Q q 0 0 0 rg BT 501.70 680.40 Td (Act. ) Tj ET Q q 0 0 0 rg BT 518.57 680.40 Td ( ) Tj ET Q q 0 0 0 rg BT 519.94 680.40 Td ( ) Tj ET Q q 0 0 0 rg BT 521.30 680.40 Td ( ) Tj ET Q q 0 0 0 rg BT 522.67 680.40 Td ( ) Tj ET Q q 0 0 0 rg BT 524.03 680.40 Td ( ) Tj ET Q q 0 0 0 rg BT 525.40 680.40 Td ( ) Tj ET Q q 0 0 0 rg BT 526.76 680.40 Td ( ) Tj ET Q q 0 0 0 rg BT 528.13 680.40 Td ( ) Tj ET Q q 0 0 0 rg BT 529.49 680.40 Td ( ) Tj ET Q q 0 0 0 rg BT 530.86 680.40 Td ( ) Tj ET Q q 0 0 0 rg BT 532.22 680.40 Td ( ) Tj ET Q q 0 0 0 rg BT 533.59 680.40 Td ( ) Tj ET Q q 0 0 0 rg BT 534.96 680.40 Td ( ) Tj ET Q q 0 0 0 rg BT 536.32 680.40 Td ( ) Tj ET Q q 0 0 0 rg BT 537.69 680.40 Td ( ) Tj ET Q q 0 0 0 rg BT 539.05 680.40 Td ( ) Tj ET Q q 0 0 0 rg BT 540.42 680.40 Td ( ) Tj ET Q q 0 0 0 rg BT 541.78 680.40 Td ( ) Tj ET Q q 0 0 0 rg BT 543.15 680.40 Td ( ) Tj ET Q q 0 0 0 rg BT 544.51 680.40 Td ( ) Tj ET Q q 0 0 0 rg BT 545.88 680.40 Td ( ) Tj ET Q q 0 0 0 rg BT 547.24 680.40 Td ( ) Tj ET Q q 0 0 0 rg BT 548.61 680.40 Td ( ) Tj ET Q q 0 0 0 rg BT 549.97 680.40 Td ( ) Tj ET Q q 0 0 0 rg BT 551.34 680.40 Td ( ) Tj ET Q q 0 0 0 rg BT 552.70 680.40 Td ( ) Tj ET Q q 0 0 0 rg BT 554.07 680.40 Td ( ) Tj ET Q BT /F3 9.00 Tf ET /GS0 gs q 6.60 0 0 9.45 555.43 678.51 cm /I16 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 663.65 Td (Indicate ) Tj ET Q q 0 0 0 rg BT 83.68 663.65 Td (by ) Tj ET Q q 0 0 0 rg BT 95.34 663.65 Td (check ) Tj ET Q q 0 0 0 rg BT 121.01 663.65 Td (mark ) Tj ET Q q 0 0 0 rg BT 143.16 663.65 Td (whether ) Tj ET Q q 0 0 0 rg BT 177.34 663.65 Td (the ) Tj ET Q q 0 0 0 rg BT 192.00 663.65 Td (registrant ) Tj ET Q q 0 0 0 rg BT 231.68 663.65 Td (is ) Tj ET Q q 0 0 0 rg BT 240.33 663.65 Td (a ) Tj ET Q q 0 0 0 rg BT 247.49 663.65 Td (shell ) Tj ET Q q 0 0 0 rg BT 268.16 663.65 Td (company ) Tj ET Q q 0 0 0 rg BT 306.84 663.65 Td (\(as ) Tj ET Q q 0 0 0 rg BT 321.49 663.65 Td (defined ) Tj ET Q q 0 0 0 rg BT 353.18 663.65 Td (in ) Tj ET Q q 0 0 0 rg BT 362.34 663.65 Td (Rule ) Tj ET Q q 0 0 0 rg BT 383.00 663.65 Td (12b-2 ) Tj ET Q q 0 0 0 rg BT 408.18 663.65 Td (of ) Tj ET Q q 0 0 0 rg BT 417.84 663.65 Td (the ) Tj ET Q q 0 0 0 rg BT 432.51 663.65 Td (Exchange ) Tj ET Q q 0 0 0 rg BT 474.27 663.65 Td (Act\).    ) Tj ET Q q 0 0 0 rg BT 502.61 663.65 Td (Y) Tj ET Q q 0 0 0 rg BT 507.78 663.65 Td (es  ) Tj ET Q BT /F3 9.00 Tf ET /GS0 gs q 6.60 0 0 9.45 522.29 661.76 cm /I17 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 528.90 663.65 Td (    No  ) Tj ET Q BT /F3 9.00 Tf ET /GS0 gs q 6.60 0 0 9.45 555.40 661.76 cm /I18 Do Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 646.80 Td (As ) Tj ET Q q 0 0 0 rg BT 63.55 646.80 Td (of ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 74.09 646.80 Td (June?8, ) Tj ET Q q 0 0 0 rg BT 111.66 646.80 Td (2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 131.69 646.80 Td (, ) Tj ET Q q 0 0 0 rg BT 137.23 646.80 Td (the ) Tj ET Q q 0 0 0 rg BT 152.78 646.80 Td (aggregate ) Tj ET Q q 0 0 0 rg BT 196.36 646.80 Td (market ) Tj ET Q q 0 0 0 rg BT 226.91 646.80 Td (value ) Tj ET Q q 0 0 0 rg BT 251.47 646.80 Td (of ) Tj ET Q q 0 0 0 rg BT 262.01 646.80 Td (shares ) Tj ET Q q 0 0 0 rg BT 292.07 646.80 Td (held ) Tj ET Q q 0 0 0 rg BT 312.13 646.80 Td (by ) Tj ET Q q 0 0 0 rg BT 324.68 646.80 Td (non-af) Tj ET Q q 0 0 0 rg BT 350.03 646.80 Td (filiates ) Tj ET Q q 0 0 0 rg BT 378.58 646.80 Td (of ) Tj ET Q q 0 0 0 rg BT 389.13 646.80 Td (the ) Tj ET Q q 0 0 0 rg BT 404.69 646.80 Td (registrant ) Tj ET Q q 0 0 0 rg BT 445.25 646.80 Td (\(based ) Tj ET Q q 0 0 0 rg BT 475.81 646.80 Td (upon ) Tj ET Q q 0 0 0 rg BT 498.87 646.80 Td (the ) Tj ET Q q 0 0 0 rg BT 514.42 646.80 Td (closing ) Tj ET Q q 0 0 0 rg BT 545.48 646.80 Td (sale ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 636.00 Td (prices ) Tj ET Q q 0 0 0 rg BT 76.73 636.00 Td (of ) Tj ET Q q 0 0 0 rg BT 86.96 636.00 Td (such ) Tj ET Q q 0 0 0 rg BT 108.69 636.00 Td (shares ) Tj ET Q q 0 0 0 rg BT 138.43 636.00 Td (on ) Tj ET Q q 0 0 0 rg BT 151.16 636.00 Td (the ) Tj ET Q q 0 0 0 rg BT 166.40 636.00 Td (Nasdaq ) Tj ET Q q 0 0 0 rg BT 200.14 636.00 Td (Global ) Tj ET Q q 0 0 0 rg BT 228.88 636.00 Td (Select ) Tj ET Q q 0 0 0 rg BT 256.61 636.00 Td (Market ) Tj ET Q q 0 0 0 rg BT 286.84 636.00 Td (on ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 299.57 636.00 Td (June?8, ) Tj ET Q q 0 0 0 rg BT 336.83 636.00 Td (2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 356.85 636.00 Td (\) ) Tj ET Q q 0 0 0 rg BT 362.57 636.00 Td (was ) Tj ET Q q 0 0 0 rg BT 381.29 636.00 Td (approximately ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 440.04 636.00 Td ($663.0 ) Tj ET Q q 0 0 0 rg BT 470.29 636.00 Td (billion) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 493.31 636.00 Td (. ) Tj ET Q q 0 0 0 rg BT 498.53 636.00 Td (For ) Tj ET Q q 0 0 0 rg BT 514.75 636.00 Td (purposes ) Tj ET Q q 0 0 0 rg BT 554.50 636.00 Td (of ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 625.20 Td (calculating ) Tj ET Q q 0 0 0 rg BT 95.07 625.20 Td (the ) Tj ET Q q 0 0 0 rg BT 110.13 625.20 Td (aggregate ) Tj ET Q q 0 0 0 rg BT 153.21 625.20 Td (market ) Tj ET Q q 0 0 0 rg BT 183.26 625.20 Td (value ) Tj ET Q q 0 0 0 rg BT 207.32 625.20 Td (of ) Tj ET Q q 0 0 0 rg BT 217.37 625.20 Td (shares ) Tj ET Q q 0 0 0 rg BT 246.93 625.20 Td (held ) Tj ET Q q 0 0 0 rg BT 266.50 625.20 Td (by ) Tj ET Q q 0 0 0 rg BT 278.55 625.20 Td (non-af) Tj ET Q q 0 0 0 rg BT 303.90 625.20 Td (filiates, ) Tj ET Q q 0 0 0 rg BT 334.46 625.20 Td (we ) Tj ET Q q 0 0 0 rg BT 348.51 625.20 Td (have ) Tj ET Q q 0 0 0 rg BT 370.57 625.20 Td (assumed ) Tj ET Q q 0 0 0 rg BT 409.64 625.20 Td (that ) Tj ET Q q 0 0 0 rg BT 427.19 625.20 Td (all ) Tj ET Q q 0 0 0 rg BT 438.74 625.20 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 487.83 625.20 Td (shares ) Tj ET Q q 0 0 0 rg BT 517.39 625.20 Td (are ) Tj ET Q q 0 0 0 rg BT 532.94 625.20 Td (held ) Tj ET Q q 0 0 0 rg BT 552.50 625.20 Td (by ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 614.40 Td (non-af) Tj ET Q q 0 0 0 rg BT 75.36 614.40 Td (filiates, ) Tj ET Q q 0 0 0 rg BT 105.60 614.40 Td (except ) Tj ET Q q 0 0 0 rg BT 134.34 614.40 Td (for ) Tj ET Q q 0 0 0 rg BT 147.07 614.40 Td (shares ) Tj ET Q q 0 0 0 rg BT 176.31 614.40 Td (held ) Tj ET Q q 0 0 0 rg BT 195.56 614.40 Td (by ) Tj ET Q q 0 0 0 rg BT 207.29 614.40 Td (each ) Tj ET Q q 0 0 0 rg BT 229.03 614.40 Td (of ) Tj ET Q q 0 0 0 rg BT 238.77 614.40 Td (our ) Tj ET Q q 0 0 0 rg BT 254.00 614.40 Td (executive ) Tj ET Q q 0 0 0 rg BT 294.25 614.40 Td (of) Tj ET Q q 0 0 0 rg BT 301.60 614.40 Td (ficers, ) Tj ET Q q 0 0 0 rg BT 327.83 614.40 Td (directors ) Tj ET Q q 0 0 0 rg BT 364.56 614.40 Td (and ) Tj ET Q q 0 0 0 rg BT 381.81 614.40 Td (5% ) Tj ET Q q 0 0 0 rg BT 397.04 614.40 Td (or ) Tj ET Q q 0 0 0 rg BT 407.28 614.40 Td (greater ) Tj ET Q q 0 0 0 rg BT 438.02 614.40 Td (stockholders. In ) Tj ET Q q 0 0 0 rg BT 503.28 614.40 Td (the ) Tj ET Q q 0 0 0 rg BT 518.02 614.40 Td (case ) Tj ET Q q 0 0 0 rg BT 539.26 614.40 Td (of ) Tj ET Q q 0 0 0 rg BT 548.99 614.40 Td (5% ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 603.60 Td (or ) Tj ET Q q 0 0 0 rg BT 60.91 603.60 Td (greater ) Tj ET Q q 0 0 0 rg BT 92.34 603.60 Td (stockholders, ) Tj ET Q q 0 0 0 rg BT 148.28 603.60 Td (we ) Tj ET Q q 0 0 0 rg BT 162.70 603.60 Td (have ) Tj ET Q q 0 0 0 rg BT 185.12 603.60 Td (not ) Tj ET Q q 0 0 0 rg BT 200.55 603.60 Td (deemed ) Tj ET Q q 0 0 0 rg BT 235.98 603.60 Td (such ) Tj ET Q q 0 0 0 rg BT 257.91 603.60 Td (stockholders ) Tj ET Q q 0 0 0 rg BT 311.34 603.60 Td (to ) Tj ET Q q 0 0 0 rg BT 321.76 603.60 Td (be ) Tj ET Q q 0 0 0 rg BT 334.68 603.60 Td (af) Tj ET Q q 0 0 0 rg BT 342.03 603.60 Td (filiates ) Tj ET Q q 0 0 0 rg BT 370.45 603.60 Td (unless ) Tj ET Q q 0 0 0 rg BT 399.38 603.60 Td (there ) Tj ET Q q 0 0 0 rg BT 422.80 603.60 Td (are ) Tj ET Q q 0 0 0 rg BT 438.72 603.60 Td (facts ) Tj ET Q q 0 0 0 rg BT 460.64 603.60 Td (and ) Tj ET Q q 0 0 0 rg BT 478.57 603.60 Td (circumstances ) Tj ET Q q 0 0 0 rg BT 539.00 603.60 Td (which ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 592.80 Td (would ) Tj ET Q q 0 0 0 rg BT 75.88 592.80 Td (indicate ) Tj ET Q q 0 0 0 rg BT 109.28 592.80 Td (that ) Tj ET Q q 0 0 0 rg BT 126.66 592.80 Td (such ) Tj ET Q q 0 0 0 rg BT 148.04 592.80 Td (stockholders ) Tj ET Q q 0 0 0 rg BT 200.93 592.80 Td (exercise ) Tj ET Q q 0 0 0 rg BT 236.81 592.80 Td (any ) Tj ET Q q 0 0 0 rg BT 253.69 592.80 Td (control ) Tj ET Q q 0 0 0 rg BT 283.08 592.80 Td (over ) Tj ET Q q 0 0 0 rg BT 302.95 592.80 Td (our ) Tj ET Q q 0 0 0 rg BT 318.33 592.80 Td (company) Tj ET Q q 0 0 0 rg BT 354.18 592.80 Td (, ) Tj ET Q q 0 0 0 rg BT 359.05 592.80 Td (or ) Tj ET Q q 0 0 0 rg BT 369.42 592.80 Td (unless ) Tj ET Q q 0 0 0 rg BT 397.81 592.80 Td (they ) Tj ET Q q 0 0 0 rg BT 417.19 592.80 Td (hold ) Tj ET Q q 0 0 0 rg BT 436.58 592.80 Td (10% ) Tj ET Q q 0 0 0 rg BT 456.96 592.80 Td (or ) Tj ET Q q 0 0 0 rg BT 467.33 592.80 Td (more ) Tj ET Q q 0 0 0 rg BT 490.20 592.80 Td (of ) Tj ET Q q 0 0 0 rg BT 500.08 592.80 Td (our ) Tj ET Q q 0 0 0 rg BT 515.46 592.80 Td (outstanding ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 582.00 Td (common ) Tj ET Q q 0 0 0 rg BT 86.98 582.00 Td (stock.? Tj ET Q q 0 0 0 rg BT 112.83 582.00 Td (These ) Tj ET Q q 0 0 0 rg BT 140.32 582.00 Td (assumptions ) Tj ET Q q 0 0 0 rg BT 193.32 582.00 Td (should ) Tj ET Q q 0 0 0 rg BT 222.31 582.00 Td (not ) Tj ET Q q 0 0 0 rg BT 237.30 582.00 Td (be ) Tj ET Q q 0 0 0 rg BT 249.78 582.00 Td (deemed ) Tj ET Q q 0 0 0 rg BT 284.78 582.00 Td (to ) Tj ET Q q 0 0 0 rg BT 294.76 582.00 Td (constitute ) Tj ET Q q 0 0 0 rg BT 335.76 582.00 Td (an ) Tj ET Q q 0 0 0 rg BT 348.24 582.00 Td (admission ) Tj ET Q q 0 0 0 rg BT 391.24 582.00 Td (that ) Tj ET Q q 0 0 0 rg BT 408.72 582.00 Td (all ) Tj ET Q q 0 0 0 rg BT 420.20 582.00 Td (executive ) Tj ET Q q 0 0 0 rg BT 460.70 582.00 Td (of) Tj ET Q q 0 0 0 rg BT 468.04 582.00 Td (ficers, ) Tj ET Q q 0 0 0 rg BT 494.52 582.00 Td (directors ) Tj ET Q q 0 0 0 rg BT 531.50 582.00 Td (and ) Tj ET Q q 0 0 0 rg BT 548.99 582.00 Td (5% ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 571.20 Td (or ) Tj ET Q q 0 0 0 rg BT 59.99 571.20 Td (greater ) Tj ET Q q 0 0 0 rg BT 90.50 571.20 Td (stockholders ) Tj ET Q q 0 0 0 rg BT 143.01 571.20 Td (are, ) Tj ET Q q 0 0 0 rg BT 160.51 571.20 Td (in ) Tj ET Q q 0 0 0 rg BT 169.50 571.20 Td (fact, ) Tj ET Q q 0 0 0 rg BT 188.50 571.20 Td (af) Tj ET Q q 0 0 0 rg BT 195.84 571.20 Td (filiates ) Tj ET Q q 0 0 0 rg BT 223.34 571.20 Td (of ) Tj ET Q q 0 0 0 rg BT 232.83 571.20 Td (our ) Tj ET Q q 0 0 0 rg BT 247.83 571.20 Td (company) Tj ET Q q 0 0 0 rg BT 283.68 571.20 Td (, ) Tj ET Q q 0 0 0 rg BT 288.17 571.20 Td (or ) Tj ET Q q 0 0 0 rg BT 298.16 571.20 Td (that ) Tj ET Q q 0 0 0 rg BT 315.16 571.20 Td (there ) Tj ET Q q 0 0 0 rg BT 337.66 571.20 Td (are ) Tj ET Q q 0 0 0 rg BT 352.66 571.20 Td (not ) Tj ET Q q 0 0 0 rg BT 367.16 571.20 Td (other ) Tj ET Q q 0 0 0 rg BT 389.66 571.20 Td (persons ) Tj ET Q q 0 0 0 rg BT 423.67 571.20 Td (who ) Tj ET Q q 0 0 0 rg BT 442.17 571.20 Td (may ) Tj ET Q q 0 0 0 rg BT 461.16 571.20 Td (be ) Tj ET Q q 0 0 0 rg BT 473.16 571.20 Td (deemed ) Tj ET Q q 0 0 0 rg BT 507.67 571.20 Td (to ) Tj ET Q q 0 0 0 rg BT 517.17 571.20 Td (be ) Tj ET Q q 0 0 0 rg BT 529.17 571.20 Td (af) Tj ET Q q 0 0 0 rg BT 536.51 571.20 Td (filiates ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 560.40 Td (of ) Tj ET Q q 0 0 0 rg BT 60.39 560.40 Td (our ) Tj ET Q q 0 0 0 rg BT 76.27 560.40 Td (company) Tj ET Q q 0 0 0 rg BT 112.13 560.40 Td (. ) Tj ET Q q 0 0 0 rg BT 117.51 560.40 Td (Further ) Tj ET Q q 0 0 0 rg BT 149.39 560.40 Td (information ) Tj ET Q q 0 0 0 rg BT 196.80 560.40 Td (concerning ) Tj ET Q q 0 0 0 rg BT 243.71 560.40 Td (shareholdings ) Tj ET Q q 0 0 0 rg BT 302.62 560.40 Td (of ) Tj ET Q q 0 0 0 rg BT 313.01 560.40 Td (our ) Tj ET Q q 0 0 0 rg BT 328.90 560.40 Td (of) Tj ET Q q 0 0 0 rg BT 336.24 560.40 Td (ficers, ) Tj ET Q q 0 0 0 rg BT 363.13 560.40 Td (directors ) Tj ET Q q 0 0 0 rg BT 400.52 560.40 Td (and ) Tj ET Q q 0 0 0 rg BT 418.41 560.40 Td (principal ) Tj ET Q q 0 0 0 rg BT 454.81 560.40 Td (stockholders ) Tj ET Q q 0 0 0 rg BT 508.21 560.40 Td (is ) Tj ET Q q 0 0 0 rg BT 517.59 560.40 Td (included ) Tj ET Q q 0 0 0 rg BT 554.00 560.40 Td (or ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 549.60 Td (incorporated ) Tj ET Q q 0 0 0 rg BT 102.53 549.60 Td (by ) Tj ET Q q 0 0 0 rg BT 114.54 549.60 Td (reference ) Tj ET Q q 0 0 0 rg BT 155.06 549.60 Td (in ) Tj ET Q q 0 0 0 rg BT 164.57 549.60 Td (Part ) Tj ET Q q 0 0 0 rg BT 183.57 549.60 Td (III, ) Tj ET Q q 0 0 0 rg BT 196.07 549.60 Td (Item?2 ) Tj ET Q q 0 0 0 rg BT 228.59 549.60 Td (of ) Tj ET Q q 0 0 0 rg BT 238.60 549.60 Td (this ) Tj ET Q q 0 0 0 rg BT 254.60 549.60 Td (Annual ) Tj ET Q q 0 0 0 rg BT 285.13 549.60 Td (Report ) Tj ET Q q 0 0 0 rg BT 314.64 549.60 Td (on ) Tj ET Q q 0 0 0 rg BT 327.15 549.60 Td (Form ) Tj ET Q q 0 0 0 rg BT 350.65 549.60 Td (10-K.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 532.80 Td (As ) Tj ET Q q 0 0 0 rg BT 62.85 532.80 Td (of ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 72.70 532.80 Td (January?7, ) Tj ET Q q 0 0 0 rg BT 122.07 532.80 Td (2020) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 142.10 532.80 Td (, ) Tj ET Q q 0 0 0 rg BT 146.94 532.80 Td (there ) Tj ET Q q 0 0 0 rg BT 169.80 532.80 Td (were ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 191.65 532.80 Td (299,895,185) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 241.70 532.80 Td ( ) Tj ET Q q 0 0 0 rg BT 244.05 532.80 Td (shares ) Tj ET Q q 0 0 0 rg BT 273.41 532.80 Td (of ) Tj ET Q q 0 0 0 rg BT 283.26 532.80 Td (the ) Tj ET Q q 0 0 0 rg BT 298.11 532.80 Td (registrant? Tj ET Q q 0 0 0 rg BT 337.47 532.80 Td (s ) Tj ET Q q 0 0 0 rg BT 344.31 532.80 Td (Class? Tj ET Q q 0 0 0 rg BT 368.82 532.80 Td (A) Tj ET Q q 0 0 0 rg BT 374.33 532.80 Td ( ) Tj ET Q q 0 0 0 rg BT 376.67 532.80 Td (common ) Tj ET Q q 0 0 0 rg BT 413.53 532.80 Td (stock ) Tj ET Q q 0 0 0 rg BT 436.88 532.80 Td (outstanding, ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 488.26 532.80 Td (46,41) Tj ET Q q 0 0 0 rg BT 510.12 532.80 Td (1,073) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 532.64 532.80 Td ( ) Tj ET Q q 0 0 0 rg BT 534.98 532.80 Td (shares ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 522.00 Td (of ) Tj ET Q q 0 0 0 rg BT 59.32 522.00 Td (the ) Tj ET Q q 0 0 0 rg BT 73.65 522.00 Td (registrant? Tj ET Q q 0 0 0 rg BT 113.00 522.00 Td (s ) Tj ET Q q 0 0 0 rg BT 119.32 522.00 Td (Class B ) Tj ET Q q 0 0 0 rg BT 152.15 522.00 Td (common ) Tj ET Q q 0 0 0 rg BT 188.47 522.00 Td (stock ) Tj ET Q q 0 0 0 rg BT 211.30 522.00 Td (outstanding, ) Tj ET Q q 0 0 0 rg BT 262.15 522.00 Td (and ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 278.98 522.00 Td (340,979,832) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 329.03 522.00 Td ( ) Tj ET Q q 0 0 0 rg BT 330.85 522.00 Td (shares ) Tj ET Q q 0 0 0 rg BT 359.68 522.00 Td (of ) Tj ET Q q 0 0 0 rg BT 369.00 522.00 Td (the ) Tj ET Q q 0 0 0 rg BT 383.33 522.00 Td (registrant? Tj ET Q q 0 0 0 rg BT 422.68 522.00 Td (s ) Tj ET Q q 0 0 0 rg BT 429.00 522.00 Td (Class C ) Tj ET Q q 0 0 0 rg BT 462.32 522.00 Td (capital ) Tj ET Q q 0 0 0 rg BT 490.15 522.00 Td (stock ) Tj ET Q q 0 0 0 rg BT 512.98 522.00 Td (outstanding.) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 234.25 508.80 Td (___________________________________________) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 203.15 496.00 Td (DOCUMENTS INCORPORA) Tj ET Q q 0 0 0 rg BT 317.98 496.00 Td (TED BY) Tj ET Q q 0 0 0 rg BT 350.82 496.00 Td ( REFERENCE) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 483.20 Td (Portions ) Tj ET Q q 0 0 0 rg BT 85.59 483.20 Td (of ) Tj ET Q q 0 0 0 rg BT 95.68 483.20 Td (the ) Tj ET Q q 0 0 0 rg BT 110.77 483.20 Td (registrant? Tj ET Q q 0 0 0 rg BT 150.12 483.20 Td (s ) Tj ET Q q 0 0 0 rg BT 157.20 483.20 Td (Proxy ) Tj ET Q q 0 0 0 rg BT 182.78 483.20 Td (Statement ) Tj ET Q q 0 0 0 rg BT 226.38 483.20 Td (for ) Tj ET Q q 0 0 0 rg BT 239.46 483.20 Td (the ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 254.55 483.20 Td (2020) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 274.57 483.20 Td ( ) Tj ET Q q 0 0 0 rg BT 276.64 483.20 Td (Annual ) Tj ET Q q 0 0 0 rg BT 307.24 483.20 Td (Meeting ) Tj ET Q q 0 0 0 rg BT 341.83 483.20 Td (of ) Tj ET Q q 0 0 0 rg BT 351.92 483.20 Td (Stockholders ) Tj ET Q q 0 0 0 rg BT 406.52 483.20 Td (are ) Tj ET Q q 0 0 0 rg BT 422.11 483.20 Td (incorporated ) Tj ET Q q 0 0 0 rg BT 474.72 483.20 Td (herein ) Tj ET Q q 0 0 0 rg BT 502.31 483.20 Td (by ) Tj ET Q q 0 0 0 rg BT 514.40 483.20 Td (reference ) Tj ET Q q 0 0 0 rg BT 555.00 483.20 Td (in ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 472.40 Td (Part III ) Tj ET Q q 0 0 0 rg BT 79.18 472.40 Td (of ) Tj ET Q q 0 0 0 rg BT 89.36 472.40 Td (this ) Tj ET Q q 0 0 0 rg BT 105.50 472.40 Td (Annual ) Tj ET Q q 0 0 0 rg BT 136.20 472.40 Td (Report ) Tj ET Q q 0 0 0 rg BT 165.88 472.40 Td (on ) Tj ET Q q 0 0 0 rg BT 178.56 472.40 Td (Form ) Tj ET Q q 0 0 0 rg BT 202.23 472.40 Td (10-K ) Tj ET Q q 0 0 0 rg BT 223.92 472.40 Td (to ) Tj ET Q q 0 0 0 rg BT 234.09 472.40 Td (the ) Tj ET Q q 0 0 0 rg BT 249.28 472.40 Td (extent ) Tj ET Q q 0 0 0 rg BT 276.46 472.40 Td (stated ) Tj ET Q q 0 0 0 rg BT 303.65 472.40 Td (herein. ) Tj ET Q q 0 0 0 rg BT 333.84 472.40 Td (Such ) Tj ET Q q 0 0 0 rg BT 357.03 472.40 Td (proxy ) Tj ET Q q 0 0 0 rg BT 381.71 472.40 Td (statement ) Tj ET Q q 0 0 0 rg BT 423.90 472.40 Td (will ) Tj ET Q q 0 0 0 rg BT 439.07 472.40 Td (be ) Tj ET Q q 0 0 0 rg BT 451.75 472.40 Td (filed ) Tj ET Q q 0 0 0 rg BT 470.93 472.40 Td (with ) Tj ET Q q 0 0 0 rg BT 489.61 472.40 Td (the ) Tj ET Q q 0 0 0 rg BT 504.79 472.40 Td (Securities ) Tj ET Q q 0 0 0 rg BT 546.98 472.40 Td (and ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 461.60 Td (Exchange ) Tj ET Q q 0 0 0 rg BT 92.53 461.60 Td (Commission ) Tj ET Q q 0 0 0 rg BT 144.54 461.60 Td (within ) Tj ET Q q 0 0 0 rg BT 170.05 461.60 Td (120 ) Tj ET Q q 0 0 0 rg BT 187.57 461.60 Td (days ) Tj ET Q q 0 0 0 rg BT 209.08 461.60 Td (of ) Tj ET Q q 0 0 0 rg BT 219.08 461.60 Td (the ) Tj ET Q q 0 0 0 rg BT 234.10 461.60 Td (registrant? Tj ET Q q 0 0 0 rg BT 273.45 461.60 Td (s ) Tj ET Q q 0 0 0 rg BT 280.45 461.60 Td (fiscal ) Tj ET Q q 0 0 0 rg BT 303.45 461.60 Td (year ) Tj ET Q q 0 0 0 rg BT 323.46 461.60 Td (ended ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 350.99 461.60 Td (December?1, ) Tj ET Q q 0 0 0 rg BT 410.02 461.60 Td (2019) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 430.04 461.60 Td (.) Tj ET Q 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 1 J 1 j 3 M 50 451.6 m 562 451.6 l s BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 1 J 1 j 3 M 50 439.6 m 562 439.6 l s BT /F1 10.00 Tf ET endstream endobj 7 0 obj <><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><>] /Rotate 0 /Contents 8 0 R>> endobj 8 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 53 767.11455078125 m 123.04443359375 767.11455078125 l s q 0 0 1 rg BT 53.00 768.40 Td (T) Tj ET Q q 0 0 1 rg BT 57.50 768.40 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.396078431372549 0.396078431372549 0.396078431372549 rg BT 500.45 768.40 Td (Alphabet Inc.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.20 31.25 Td (2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 274.60 741.75 Td (Alphabet Inc.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 281.25 729.75 Td (Form 10-K) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 198.50 717.75 Td (For the Fiscal ) Tj ET Q q 0 0 0 rg BT 266.11 717.75 Td (Y) Tj ET Q q 0 0 0 rg BT 272.23 717.75 Td (ear Ended ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 323.36 717.75 Td (December?1, 2019) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 413.42 717.75 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 252.45 696.75 Td (T) Tj ET Q q 0 0 0 rg BT 257.82 696.75 Td (ABLE OF CONTENTS) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 532.5 668.25 m 562.5 668.25 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 671.93 Td (? Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 125.00 671.93 Td (? Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 537.65 671.93 Td (Page) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 53 657.0439453125 m 233.654296875 657.0439453125 l s q 0 0 1 rg BT 53.00 658.47 Td (Note ) Tj ET Q q 0 0 1 rg BT 76.35 658.47 Td (About Forward-Looking Statements) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 629.47 Td (P) Tj ET Q q 0 0 0 rg BT 59.30 629.47 Td (ART I) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 615.47 Td (Item?.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 125 614.0439453125 m 165.576171875 614.0439453125 l s q 0 0 1 rg BT 125.00 615.47 Td (Business) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 601.47 Td (Item?A.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 125 600.0439453125 m 180.5615234375 600.0439453125 l s q 0 0 1 rg BT 125.00 601.47 Td (Risk Factors) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 587.47 Td (Item?B.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 125 586.0439453125 m 249.8681640625 586.0439453125 l s q 0 0 1 rg BT 125.00 587.47 Td (Unresolved Staf) Tj ET Q q 0 0 1 rg BT 195.97 587.47 Td (f Comments) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 573.47 Td (Item?.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 125 572.0439453125 m 170.576171875 572.0439453125 l s q 0 0 1 rg BT 125.00 573.47 Td (Properties) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 559.47 Td (Item 3.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 125 558.0439453125 m 207.8369140625 558.0439453125 l s q 0 0 1 rg BT 125.00 559.47 Td (Legal Proceedings) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 545.47 Td (Item 4.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 125 544.0439453125 m 232.2607421875 544.0439453125 l s q 0 0 1 rg BT 125.00 545.47 Td (Mine Safety Disclosures) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 516.47 Td (P) Tj ET Q q 0 0 0 rg BT 59.30 516.47 Td (ART II) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 502.47 Td (Item?.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 125 501.0439453125 m 482.55859375 501.0439453125 l s q 0 0 1 rg BT 125.00 502.47 Td (Market for Registrant? Tj ET Q q 0 0 1 rg BT 220.41 502.47 Td (s Common Equity) Tj ET Q q 0 0 1 rg BT 298.58 502.47 Td (, Related Stockholder Matters and Issuer ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 125 489.0439453125 m 260.6201171875 489.0439453125 l s q 0 0 1 rg BT 125.00 490.47 Td (Purchases of Equity Securities) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 477.47 Td (Item?.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 125 476.0439453125 m 230.615234375 476.0439453125 l s q 0 0 1 rg BT 125.00 477.47 Td (Selected Financial Data) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 463.47 Td (Item?.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 125 462.0439453125 m 517.8076171875 462.0439453125 l s q 0 0 1 rg BT 125.00 463.47 Td (Management? Tj ET Q q 0 0 1 rg BT 185.41 463.47 Td (s Discussion and ) Tj ET Q q 0 0 1 rg BT 263.23 463.47 Td (Analysis of Financial Condition and Results of Operations) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 449.47 Td (Item?A.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 125 448.0439453125 m 386.23046875 448.0439453125 l s q 0 0 1 rg BT 125.00 449.47 Td (Quantitative and Qualitative Disclosures ) Tj ET Q q 0 0 1 rg BT 304.54 449.47 Td (About Market Risk) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 435.47 Td (Item?.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 125 434.0439453125 m 331.7822265625 434.0439453125 l s q 0 0 1 rg BT 125.00 435.47 Td (Financial Statements and Supplementary Data) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 421.47 Td (Item?.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 125 420.0439453125 m 522.4462890625 420.0439453125 l s q 0 0 1 rg BT 125.00 421.47 Td (Changes in and Disagreements With ) Tj ET Q q 0 0 1 rg BT 290.09 421.47 Td (Accountants on ) Tj ET Q q 0 0 1 rg BT 361.25 421.47 Td (Accounting and Financial Disclosure) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 407.47 Td (Item?A.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 125 406.0439453125 m 235.615234375 406.0439453125 l s q 0 0 1 rg BT 125.00 407.47 Td (Controls and Procedures) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 393.47 Td (Item 9B.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 125 392.0439453125 m 202.8125 392.0439453125 l s q 0 0 1 rg BT 125.00 393.47 Td (Other Information) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 364.47 Td (P) Tj ET Q q 0 0 0 rg BT 59.30 364.47 Td (ART III) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 350.47 Td (Item?0.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 125 349.0439453125 m 374.9267578125 349.0439453125 l s q 0 0 1 rg BT 125.00 350.47 Td (Directors, Executive Of) Tj ET Q q 0 0 1 rg BT 227.07 350.47 Td (ficers and Corporate Governance) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 336.47 Td (Item?) Tj ET Q q 0 0 0 rg BT 80.42 336.47 Td (1.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 125 335.0439453125 m 235.615234375 335.0439453125 l s q 0 0 1 rg BT 125.00 336.47 Td (Executive Compensation) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 322.47 Td (Item?2.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 125 321.0439453125 m 481.298828125 321.0439453125 l s q 0 0 1 rg BT 125.00 322.47 Td (Security Ownership of Certain Beneficial Owners and Management and Related ) Tj ET Q BT /F1 10.00 Tf ET 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 125 311.0439453125 m 213.92578125 311.0439453125 l s q 0 0 1 rg BT 125.00 312.47 Td (Stockholder Matters) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 297.47 Td (Item?3.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 125 296.0439453125 m 462.4267578125 296.0439453125 l s q 0 0 1 rg BT 125.00 297.47 Td (Certain Relationships and Related ) Tj ET Q q 0 0 1 rg BT 279.36 297.47 Td (T) Tj ET Q q 0 0 1 rg BT 285.09 297.47 Td (ransactions, and Director Independence) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 283.47 Td (Item?4.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 125 282.0439453125 m 301.2060546875 282.0439453125 l s q 0 0 1 rg BT 125.00 283.47 Td (Principal ) Tj ET Q q 0 0 1 rg BT 165.58 283.47 Td (Accountant Fees and Services) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 254.47 Td (P) Tj ET Q q 0 0 0 rg BT 58.93 254.47 Td (ART IV) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 240.47 Td (Item?5.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 125 239.0439453125 m 303.427734375 239.0439453125 l s q 0 0 1 rg BT 125.00 240.47 Td (Exhibits, Financial Statement Schedules) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 226.47 Td (Item 16.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 125 225.0439453125 m 217.79296875 225.0439453125 l s q 0 0 1 rg BT 125.00 226.47 Td (Form 10-K Summary) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 53 211.0439453125 m 100.8076171875 211.0439453125 l s q 0 0 1 rg BT 53.00 212.47 Td (Signatures) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 553.4 657.0439453125 m 558.9615234375 657.0439453125 l s q 0 0 1 rg BT 553.40 658.47 Td (3) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 553.4 614.0439453125 m 558.9615234375 614.0439453125 l s q 0 0 1 rg BT 553.40 615.47 Td (5) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 553.4 600.0439453125 m 558.9615234375 600.0439453125 l s q 0 0 1 rg BT 553.40 601.47 Td (9) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 547.85 586.0439453125 m 558.973046875 586.0439453125 l s q 0 0 1 rg BT 547.85 587.47 Td (22) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 547.85 572.0439453125 m 558.973046875 572.0439453125 l s q 0 0 1 rg BT 547.85 573.47 Td (22) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 547.85 558.0439453125 m 558.973046875 558.0439453125 l s q 0 0 1 rg BT 547.85 559.47 Td (22) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 547.85 544.0439453125 m 558.973046875 544.0439453125 l s q 0 0 1 rg BT 547.85 545.47 Td (22) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 547.85 501.0439453125 m 558.973046875 501.0439453125 l s q 0 0 1 rg BT 547.85 502.47 Td (23) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 547.85 476.0439453125 m 558.973046875 476.0439453125 l s q 0 0 1 rg BT 547.85 477.47 Td (26) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 547.85 462.0439453125 m 558.973046875 462.0439453125 l s q 0 0 1 rg BT 547.85 463.47 Td (27) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 547.85 448.0439453125 m 558.973046875 448.0439453125 l s q 0 0 1 rg BT 547.85 449.47 Td (43) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 547.85 434.0439453125 m 558.973046875 434.0439453125 l s q 0 0 1 rg BT 547.85 435.47 Td (46) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 547.85 420.0439453125 m 558.973046875 420.0439453125 l s q 0 0 1 rg BT 547.85 421.47 Td (90) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 547.85 406.0439453125 m 558.973046875 406.0439453125 l s q 0 0 1 rg BT 547.85 407.47 Td (90) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 547.85 392.0439453125 m 558.973046875 392.0439453125 l s q 0 0 1 rg BT 547.85 393.47 Td (90) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 547.85 349.0439453125 m 558.973046875 349.0439453125 l s q 0 0 1 rg BT 547.85 350.47 Td (91) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 547.85 335.0439453125 m 558.973046875 335.0439453125 l s q 0 0 1 rg BT 547.85 336.47 Td (91) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 547.85 321.0439453125 m 558.973046875 321.0439453125 l s q 0 0 1 rg BT 547.85 322.47 Td (91) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 547.85 296.0439453125 m 558.973046875 296.0439453125 l s q 0 0 1 rg BT 547.85 297.47 Td (91) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 547.85 282.0439453125 m 558.973046875 282.0439453125 l s q 0 0 1 rg BT 547.85 283.47 Td (91) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 547.85 239.0439453125 m 558.973046875 239.0439453125 l s q 0 0 1 rg BT 547.85 240.47 Td (92) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 547.85 225.0439453125 m 558.973046875 225.0439453125 l s q 0 0 1 rg BT 547.85 226.47 Td (95) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 9 0 obj <>] /Rotate 0 /Contents 10 0 R>> endobj 10 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 53 767.11455078125 m 123.04443359375 767.11455078125 l s q 0 0 1 rg BT 53.00 768.40 Td (T) Tj ET Q q 0 0 1 rg BT 57.50 768.40 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.396078431372549 0.396078431372549 0.396078431372549 rg BT 500.45 768.40 Td (Alphabet Inc.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.20 31.25 Td (3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 186.45 741.75 Td (NOTE ) Tj ET Q q 0 0 0 rg BT 216.64 741.75 Td (ABOUT FOR) Tj ET Q q 0 0 0 rg BT 275.89 741.75 Td (W) Tj ET Q q 0 0 0 rg BT 284.78 741.75 Td (ARD-LOOKING ST) Tj ET Q q 0 0 0 rg BT 371.25 741.75 Td (A) Tj ET Q q 0 0 0 rg BT 377.73 741.75 Td (TEMENTS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 723.75 Td (This ) Tj ET Q q 0 0 0 rg BT 94.12 723.75 Td (Annual ) Tj ET Q q 0 0 0 rg BT 126.80 723.75 Td (Report ) Tj ET Q q 0 0 0 rg BT 158.35 723.75 Td (on ) Tj ET Q q 0 0 0 rg BT 171.02 723.75 Td (Form ) Tj ET Q q 0 0 0 rg BT 195.88 723.75 Td (10-K ) Tj ET Q q 0 0 0 rg BT 218.55 723.75 Td (contains ) Tj ET Q q 0 0 0 rg BT 257.33 723.75 Td (forward-looking ) Tj ET Q q 0 0 0 rg BT 327.23 723.75 Td (statements ) Tj ET Q q 0 0 0 rg BT 377.68 723.75 Td (within ) Tj ET Q q 0 0 0 rg BT 404.79 723.75 Td (the ) Tj ET Q q 0 0 0 rg BT 420.23 723.75 Td (meaning ) Tj ET Q q 0 0 0 rg BT 460.13 723.75 Td (of ) Tj ET Q q 0 0 0 rg BT 470.00 723.75 Td (the ) Tj ET Q q 0 0 0 rg BT 485.44 723.75 Td (Private ) Tj ET Q q 0 0 0 rg BT 518.11 723.75 Td (Securities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 711.75 Td (Litigation ) Tj ET Q q 0 0 0 rg BT 92.81 711.75 Td (Reform ) Tj ET Q q 0 0 0 rg BT 127.82 711.75 Td (Act ) Tj ET Q q 0 0 0 rg BT 145.04 711.75 Td (of ) Tj ET Q q 0 0 0 rg BT 156.16 711.75 Td (1995. ) Tj ET Q q 0 0 0 rg BT 183.78 711.75 Td (These ) Tj ET Q q 0 0 0 rg BT 214.36 711.75 Td (statements ) Tj ET Q q 0 0 0 rg BT 266.04 711.75 Td (include, ) Tj ET Q q 0 0 0 rg BT 303.29 711.75 Td (among ) Tj ET Q q 0 0 0 rg BT 336.65 711.75 Td (other ) Tj ET Q q 0 0 0 rg BT 362.22 711.75 Td (things, ) Tj ET Q q 0 0 0 rg BT 394.46 711.75 Td (statements ) Tj ET Q q 0 0 0 rg BT 446.15 711.75 Td (regarding:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 693.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 693.75 Td (the ) Tj ET Q q 0 0 0 rg BT 102.93 693.75 Td (growth ) Tj ET Q q 0 0 0 rg BT 135.98 693.75 Td (of ) Tj ET Q q 0 0 0 rg BT 147.35 693.75 Td (our ) Tj ET Q q 0 0 0 rg BT 164.83 693.75 Td (business ) Tj ET Q q 0 0 0 rg BT 207.33 693.75 Td (and ) Tj ET Q q 0 0 0 rg BT 227.05 693.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 271.21 693.75 Td (and ) Tj ET Q q 0 0 0 rg BT 290.93 693.75 Td (our ) Tj ET Q q 0 0 0 rg BT 308.41 693.75 Td (expectations ) Tj ET Q q 0 0 0 rg BT 367.59 693.75 Td (about ) Tj ET Q q 0 0 0 rg BT 395.65 693.75 Td (the ) Tj ET Q q 0 0 0 rg BT 412.58 693.75 Td (factors ) Tj ET Q q 0 0 0 rg BT 445.62 693.75 Td (that ) Tj ET Q q 0 0 0 rg BT 465.33 693.75 Td (influence ) Tj ET Q q 0 0 0 rg BT 508.39 693.75 Td (our ) Tj ET Q q 0 0 0 rg BT 525.87 693.75 Td (success ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 681.75 Td (and ) Tj ET Q q 0 0 0 rg BT 105.46 681.75 Td (trends ) Tj ET Q q 0 0 0 rg BT 136.03 681.75 Td (in ) Tj ET Q q 0 0 0 rg BT 146.60 681.75 Td (our ) Tj ET Q q 0 0 0 rg BT 163.83 681.75 Td (business;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 663.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 663.75 Td (the ) Tj ET Q q 0 0 0 rg BT 102.68 663.75 Td (potential ) Tj ET Q q 0 0 0 rg BT 143.27 663.75 Td (for ) Tj ET Q q 0 0 0 rg BT 157.71 663.75 Td (declines ) Tj ET Q q 0 0 0 rg BT 197.18 663.75 Td (in ) Tj ET Q q 0 0 0 rg BT 207.74 663.75 Td (our ) Tj ET Q q 0 0 0 rg BT 224.97 663.75 Td (revenue ) Tj ET Q q 0 0 0 rg BT 263.89 663.75 Td (growth ) Tj ET Q q 0 0 0 rg BT 296.68 663.75 Td (rate ) Tj ET Q q 0 0 0 rg BT 316.69 663.75 Td (and ) Tj ET Q q 0 0 0 rg BT 336.16 663.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 380.63 663.75 Td (margin;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 645.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 645.75 Td (our ) Tj ET Q q 0 0 0 rg BT 103.23 645.75 Td (expectation ) Tj ET Q q 0 0 0 rg BT 157.16 645.75 Td (that ) Tj ET Q q 0 0 0 rg BT 176.62 645.75 Td (the ) Tj ET Q q 0 0 0 rg BT 193.29 645.75 Td (shift ) Tj ET Q q 0 0 0 rg BT 214.41 645.75 Td (from ) Tj ET Q q 0 0 0 rg BT 237.19 645.75 Td (an ) Tj ET Q q 0 0 0 rg BT 251.09 645.75 Td (of) Tj ET Q q 0 0 0 rg BT 259.25 645.75 Td (fline ) Tj ET Q q 0 0 0 rg BT 280.38 645.75 Td (to ) Tj ET Q q 0 0 0 rg BT 291.49 645.75 Td (online ) Tj ET Q q 0 0 0 rg BT 320.96 645.75 Td (world ) Tj ET Q q 0 0 0 rg BT 347.64 645.75 Td (will ) Tj ET Q q 0 0 0 rg BT 364.30 645.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 404.89 645.75 Td (to ) Tj ET Q q 0 0 0 rg BT 416.00 645.75 Td (benefit ) Tj ET Q q 0 0 0 rg BT 448.81 645.75 Td (our ) Tj ET Q q 0 0 0 rg BT 466.04 645.75 Td (business;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 627.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 627.75 Td (our ) Tj ET Q q 0 0 0 rg BT 102.90 627.75 Td (expectation ) Tj ET Q q 0 0 0 rg BT 156.48 627.75 Td (that ) Tj ET Q q 0 0 0 rg BT 175.61 627.75 Td (the ) Tj ET Q q 0 0 0 rg BT 191.95 627.75 Td (portion ) Tj ET Q q 0 0 0 rg BT 224.97 627.75 Td (of ) Tj ET Q q 0 0 0 rg BT 235.75 627.75 Td (our ) Tj ET Q q 0 0 0 rg BT 252.64 627.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 296.22 627.75 Td (that ) Tj ET Q q 0 0 0 rg BT 315.35 627.75 Td (we ) Tj ET Q q 0 0 0 rg BT 330.57 627.75 Td (derive ) Tj ET Q q 0 0 0 rg BT 360.25 627.75 Td (from ) Tj ET Q q 0 0 0 rg BT 382.69 627.75 Td (non-advertising ) Tj ET Q q 0 0 0 rg BT 453.51 627.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 497.09 627.75 Td (will ) Tj ET Q q 0 0 0 rg BT 513.41 627.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 553.66 627.75 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 615.75 Td (increase ) Tj ET Q q 0 0 0 rg BT 126.58 615.75 Td (and ) Tj ET Q q 0 0 0 rg BT 146.04 615.75 Td (may ) Tj ET Q q 0 0 0 rg BT 167.71 615.75 Td (af) Tj ET Q q 0 0 0 rg BT 175.87 615.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 194.76 615.75 Td (our ) Tj ET Q q 0 0 0 rg BT 212.00 615.75 Td (margins;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 597.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 597.75 Td (our ) Tj ET Q q 0 0 0 rg BT 102.63 597.75 Td (expectation ) Tj ET Q q 0 0 0 rg BT 155.95 597.75 Td (that ) Tj ET Q q 0 0 0 rg BT 174.81 597.75 Td (our ) Tj ET Q q 0 0 0 rg BT 191.44 597.75 Td (traf) Tj ET Q q 0 0 0 rg BT 205.70 597.75 Td (fic ) Tj ET Q q 0 0 0 rg BT 217.88 597.75 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 267.31 597.75 Td (costs ) Tj ET Q q 0 0 0 rg BT 292.82 597.75 Td (\(T) Tj ET Q q 0 0 0 rg BT 301.52 597.75 Td (AC\) ) Tj ET Q q 0 0 0 rg BT 320.92 597.75 Td (and ) Tj ET Q q 0 0 0 rg BT 339.78 597.75 Td (the ) Tj ET Q q 0 0 0 rg BT 355.85 597.75 Td (associated ) Tj ET Q q 0 0 0 rg BT 405.70 597.75 Td (T) Tj ET Q q 0 0 0 rg BT 411.06 597.75 Td (AC ) Tj ET Q q 0 0 0 rg BT 427.13 597.75 Td (rates ) Tj ET Q q 0 0 0 rg BT 451.54 597.75 Td (will ) Tj ET Q q 0 0 0 rg BT 467.60 597.75 Td (fluctuate, ) Tj ET Q q 0 0 0 rg BT 510.36 597.75 Td (which ) Tj ET Q q 0 0 0 rg BT 538.10 597.75 Td (could ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 585.75 Td (af) Tj ET Q q 0 0 0 rg BT 94.16 585.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 113.06 585.75 Td (our ) Tj ET Q q 0 0 0 rg BT 130.29 585.75 Td (overall ) Tj ET Q q 0 0 0 rg BT 162.52 585.75 Td (margins;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 567.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 567.75 Td (our ) Tj ET Q q 0 0 0 rg BT 103.23 567.75 Td (expectation ) Tj ET Q q 0 0 0 rg BT 157.16 567.75 Td (that ) Tj ET Q q 0 0 0 rg BT 176.62 567.75 Td (our ) Tj ET Q q 0 0 0 rg BT 193.85 567.75 Td (monetization ) Tj ET Q q 0 0 0 rg BT 253.32 567.75 Td (trends ) Tj ET Q q 0 0 0 rg BT 283.90 567.75 Td (will ) Tj ET Q q 0 0 0 rg BT 300.56 567.75 Td (fluctuate, ) Tj ET Q q 0 0 0 rg BT 343.92 567.75 Td (which ) Tj ET Q q 0 0 0 rg BT 372.26 567.75 Td (could ) Tj ET Q q 0 0 0 rg BT 398.95 567.75 Td (af) Tj ET Q q 0 0 0 rg BT 407.11 567.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 426.00 567.75 Td (our ) Tj ET Q q 0 0 0 rg BT 443.24 567.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 487.15 567.75 Td (and ) Tj ET Q q 0 0 0 rg BT 506.62 567.75 Td (margins;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 549.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 549.75 Td (fluctuations ) Tj ET Q q 0 0 0 rg BT 138.62 549.75 Td (in ) Tj ET Q q 0 0 0 rg BT 148.44 549.75 Td (our ) Tj ET Q q 0 0 0 rg BT 164.94 549.75 Td (revenue ) Tj ET Q q 0 0 0 rg BT 203.11 549.75 Td (growth, ) Tj ET Q q 0 0 0 rg BT 237.94 549.75 Td (as ) Tj ET Q q 0 0 0 rg BT 250.54 549.75 Td (well ) Tj ET Q q 0 0 0 rg BT 269.80 549.75 Td (as ) Tj ET Q q 0 0 0 rg BT 282.40 549.75 Td (the ) Tj ET Q q 0 0 0 rg BT 298.34 549.75 Td (change ) Tj ET Q q 0 0 0 rg BT 333.19 549.75 Td (in ) Tj ET Q q 0 0 0 rg BT 343.01 549.75 Td (paid ) Tj ET Q q 0 0 0 rg BT 363.95 549.75 Td (clicks ) Tj ET Q q 0 0 0 rg BT 390.43 549.75 Td (and ) Tj ET Q q 0 0 0 rg BT 409.16 549.75 Td (cost-per-click ) Tj ET Q q 0 0 0 rg BT 470.09 549.75 Td (on ) Tj ET Q q 0 0 0 rg BT 483.25 549.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 517.53 549.75 Td (properties ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 537.75 Td (and ) Tj ET Q q 0 0 0 rg BT 104.78 537.75 Td (the ) Tj ET Q q 0 0 0 rg BT 120.78 537.75 Td (change ) Tj ET Q q 0 0 0 rg BT 155.68 537.75 Td (in ) Tj ET Q q 0 0 0 rg BT 165.56 537.75 Td (impressions ) Tj ET Q q 0 0 0 rg BT 221.01 537.75 Td (and ) Tj ET Q q 0 0 0 rg BT 239.79 537.75 Td (cost-per-impression ) Tj ET Q q 0 0 0 rg BT 329.69 537.75 Td (on ) Tj ET Q q 0 0 0 rg BT 342.91 537.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 377.25 537.75 Td (Network ) Tj ET Q q 0 0 0 rg BT 416.02 537.75 Td (Members? Tj ET Q q 0 0 0 rg BT 459.54 537.75 Td ( ) Tj ET Q q 0 0 0 rg BT 461.64 537.75 Td (properties, ) Tj ET Q q 0 0 0 rg BT 510.98 537.75 Td (and ) Tj ET Q q 0 0 0 rg BT 529.76 537.75 Td (various ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 525.75 Td (factors ) Tj ET Q q 0 0 0 rg BT 118.79 525.75 Td (contributing ) Tj ET Q q 0 0 0 rg BT 173.27 525.75 Td (to ) Tj ET Q q 0 0 0 rg BT 184.38 525.75 Td (such ) Tj ET Q q 0 0 0 rg BT 208.29 525.75 Td (fluctuations;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 507.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 507.75 Td (our expectation that we will continue to periodically review) Tj ET Q q 0 0 0 rg BT 341.69 507.75 Td (, refine, and update our methodologies for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 495.75 Td (monitoring, gathering, and counting the number of paid clicks on Google properties and impressions on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 483.75 Td (Google Network Members? Tj ET Q q 0 0 0 rg BT 204.00 483.75 Td ( properties;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 465.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 465.75 Td (our ) Tj ET Q q 0 0 0 rg BT 104.68 465.75 Td (expectation ) Tj ET Q q 0 0 0 rg BT 160.05 465.75 Td (that ) Tj ET Q q 0 0 0 rg BT 180.96 465.75 Td (our ) Tj ET Q q 0 0 0 rg BT 199.64 465.75 Td (results ) Tj ET Q q 0 0 0 rg BT 233.32 465.75 Td (will ) Tj ET Q q 0 0 0 rg BT 251.43 465.75 Td (be ) Tj ET Q q 0 0 0 rg BT 266.78 465.75 Td (af) Tj ET Q q 0 0 0 rg BT 274.94 465.75 Td (fected ) Tj ET Q q 0 0 0 rg BT 306.41 465.75 Td (by ) Tj ET Q q 0 0 0 rg BT 321.20 465.75 Td (our ) Tj ET Q q 0 0 0 rg BT 339.88 465.75 Td (performance ) Tj ET Q q 0 0 0 rg BT 400.24 465.75 Td (in ) Tj ET Q q 0 0 0 rg BT 412.25 465.75 Td (international ) Tj ET Q q 0 0 0 rg BT 470.96 465.75 Td (markets ) Tj ET Q q 0 0 0 rg BT 510.75 465.75 Td (as ) Tj ET Q q 0 0 0 rg BT 525.54 465.75 Td (users ) Tj ET Q q 0 0 0 rg BT 554.22 465.75 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 453.75 Td (developing ) Tj ET Q q 0 0 0 rg BT 137.15 453.75 Td (economies ) Tj ET Q q 0 0 0 rg BT 188.29 453.75 Td (increasingly ) Tj ET Q q 0 0 0 rg BT 243.87 453.75 Td (come ) Tj ET Q q 0 0 0 rg BT 271.10 453.75 Td (online;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 435.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 435.75 Td (our ) Tj ET Q q 0 0 0 rg BT 103.36 435.75 Td (expectation ) Tj ET Q q 0 0 0 rg BT 157.41 435.75 Td (that ) Tj ET Q q 0 0 0 rg BT 177.00 435.75 Td (our ) Tj ET Q q 0 0 0 rg BT 194.36 435.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 227.84 435.75 Td (exchange ) Tj ET Q q 0 0 0 rg BT 274.11 435.75 Td (risk ) Tj ET Q q 0 0 0 rg BT 292.57 435.75 Td (management ) Tj ET Q q 0 0 0 rg BT 353.85 435.75 Td (program ) Tj ET Q q 0 0 0 rg BT 393.99 435.75 Td (will ) Tj ET Q q 0 0 0 rg BT 410.78 435.75 Td (not ) Tj ET Q q 0 0 0 rg BT 427.59 435.75 Td (fully ) Tj ET Q q 0 0 0 rg BT 448.28 435.75 Td (of) Tj ET Q q 0 0 0 rg BT 456.44 435.75 Td (fset ) Tj ET Q q 0 0 0 rg BT 475.46 435.75 Td (our ) Tj ET Q q 0 0 0 rg BT 492.82 435.75 Td (net ) Tj ET Q q 0 0 0 rg BT 509.63 435.75 Td (exposure ) Tj ET Q q 0 0 0 rg BT 553.67 435.75 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 423.75 Td (fluctuations ) Tj ET Q q 0 0 0 rg BT 139.36 423.75 Td (in ) Tj ET Q q 0 0 0 rg BT 149.93 423.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 183.28 423.75 Td (currency ) Tj ET Q q 0 0 0 rg BT 224.40 423.75 Td (exchange ) Tj ET Q q 0 0 0 rg BT 270.55 423.75 Td (rates;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 405.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 405.75 Td (the ) Tj ET Q q 0 0 0 rg BT 103.91 405.75 Td (expected ) Tj ET Q q 0 0 0 rg BT 148.51 405.75 Td (variability ) Tj ET Q q 0 0 0 rg BT 194.21 405.75 Td (of ) Tj ET Q q 0 0 0 rg BT 206.56 405.75 Td (gains ) Tj ET Q q 0 0 0 rg BT 234.48 405.75 Td (and ) Tj ET Q q 0 0 0 rg BT 255.17 405.75 Td (losses ) Tj ET Q q 0 0 0 rg BT 287.53 405.75 Td (related ) Tj ET Q q 0 0 0 rg BT 322.12 405.75 Td (to ) Tj ET Q q 0 0 0 rg BT 334.47 405.75 Td (hedging ) Tj ET Q q 0 0 0 rg BT 374.08 405.75 Td (activities ) Tj ET Q q 0 0 0 rg BT 416.43 405.75 Td (under ) Tj ET Q q 0 0 0 rg BT 446.02 405.75 Td (our ) Tj ET Q q 0 0 0 rg BT 464.49 405.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 499.08 405.75 Td (exchange ) Tj ET Q q 0 0 0 rg BT 546.46 405.75 Td (risk ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 393.75 Td (management ) Tj ET Q q 0 0 0 rg BT 147.15 393.75 Td (program;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 375.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 375.75 Td (the ) Tj ET Q q 0 0 0 rg BT 104.32 375.75 Td (amount ) Tj ET Q q 0 0 0 rg BT 142.10 375.75 Td (and ) Tj ET Q q 0 0 0 rg BT 163.20 375.75 Td (timing ) Tj ET Q q 0 0 0 rg BT 194.30 375.75 Td (of ) Tj ET Q q 0 0 0 rg BT 207.06 375.75 Td (revenue ) Tj ET Q q 0 0 0 rg BT 247.62 375.75 Td (recognition ) Tj ET Q q 0 0 0 rg BT 300.96 375.75 Td (for ) Tj ET Q q 0 0 0 rg BT 317.05 375.75 Td (commitments ) Tj ET Q q 0 0 0 rg BT 380.92 375.75 Td (in ) Tj ET Q q 0 0 0 rg BT 393.12 375.75 Td (customer ) Tj ET Q q 0 0 0 rg BT 438.67 375.75 Td (contracts ) Tj ET Q q 0 0 0 rg BT 483.66 375.75 Td (with ) Tj ET Q q 0 0 0 rg BT 505.86 375.75 Td (performance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 363.75 Td (obligations, ) Tj ET Q q 0 0 0 rg BT 139.53 363.75 Td (which ) Tj ET Q q 0 0 0 rg BT 168.04 363.75 Td (could ) Tj ET Q q 0 0 0 rg BT 194.88 363.75 Td (impact ) Tj ET Q q 0 0 0 rg BT 227.28 363.75 Td (our ) Tj ET Q q 0 0 0 rg BT 244.67 363.75 Td (estimate ) Tj ET Q q 0 0 0 rg BT 285.40 363.75 Td (of ) Tj ET Q q 0 0 0 rg BT 296.68 363.75 Td (the ) Tj ET Q q 0 0 0 rg BT 313.52 363.75 Td (remaining ) Tj ET Q q 0 0 0 rg BT 360.37 363.75 Td (amount ) Tj ET Q q 0 0 0 rg BT 396.67 363.75 Td (of ) Tj ET Q q 0 0 0 rg BT 407.95 363.75 Td (commitments ) Tj ET Q q 0 0 0 rg BT 470.34 363.75 Td (and ) Tj ET Q q 0 0 0 rg BT 489.97 363.75 Td (when ) Tj ET Q q 0 0 0 rg BT 516.81 363.75 Td (we ) Tj ET Q q 0 0 0 rg BT 532.54 363.75 Td (expect ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 351.75 Td (to ) Tj ET Q q 0 0 0 rg BT 97.12 351.75 Td (recognize ) Tj ET Q q 0 0 0 rg BT 143.26 351.75 Td (revenue;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 333.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 333.75 Td (fluctuations ) Tj ET Q q 0 0 0 rg BT 139.36 333.75 Td (in ) Tj ET Q q 0 0 0 rg BT 149.93 333.75 Td (our ) Tj ET Q q 0 0 0 rg BT 167.16 333.75 Td (capital ) Tj ET Q q 0 0 0 rg BT 198.84 333.75 Td (expenditures;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 315.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 315.75 Td (our ) Tj ET Q q 0 0 0 rg BT 103.76 315.75 Td (plans ) Tj ET Q q 0 0 0 rg BT 130.98 315.75 Td (to ) Tj ET Q q 0 0 0 rg BT 142.63 315.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 183.74 315.75 Td (to ) Tj ET Q q 0 0 0 rg BT 195.39 315.75 Td (invest ) Tj ET Q q 0 0 0 rg BT 224.82 315.75 Td (in ) Tj ET Q q 0 0 0 rg BT 235.91 315.75 Td (new ) Tj ET Q q 0 0 0 rg BT 257.57 315.75 Td (businesses, ) Tj ET Q q 0 0 0 rg BT 313.68 315.75 Td (products, ) Tj ET Q q 0 0 0 rg BT 358.12 315.75 Td (services ) Tj ET Q q 0 0 0 rg BT 398.11 315.75 Td (and ) Tj ET Q q 0 0 0 rg BT 418.10 315.75 Td (technologies, ) Tj ET Q q 0 0 0 rg BT 480.34 315.75 Td (systems, ) Tj ET Q q 0 0 0 rg BT 523.10 315.75 Td (land ) Tj ET Q q 0 0 0 rg BT 545.31 315.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 303.75 Td (buildings ) Tj ET Q q 0 0 0 rg BT 130.50 303.75 Td (for ) Tj ET Q q 0 0 0 rg BT 147.20 303.75 Td (data ) Tj ET Q q 0 0 0 rg BT 171.69 303.75 Td (centers ) Tj ET Q q 0 0 0 rg BT 209.51 303.75 Td (and ) Tj ET Q q 0 0 0 rg BT 231.22 303.75 Td (of) Tj ET Q q 0 0 0 rg BT 239.38 303.75 Td (fices, ) Tj ET Q q 0 0 0 rg BT 267.74 303.75 Td (and ) Tj ET Q q 0 0 0 rg BT 289.45 303.75 Td (infrastructure, ) Tj ET Q q 0 0 0 rg BT 355.61 303.75 Td (to ) Tj ET Q q 0 0 0 rg BT 368.98 303.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 411.82 303.75 Td (to ) Tj ET Q q 0 0 0 rg BT 425.18 303.75 Td (hire ) Tj ET Q q 0 0 0 rg BT 446.88 303.75 Td (aggressively ) Tj ET Q q 0 0 0 rg BT 507.49 303.75 Td (and ) Tj ET Q q 0 0 0 rg BT 529.20 303.75 Td (provide ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 291.75 Td (competitive ) Tj ET Q q 0 0 0 rg BT 139.35 291.75 Td (compensation ) Tj ET Q q 0 0 0 rg BT 204.39 291.75 Td (programs, ) Tj ET Q q 0 0 0 rg BT 252.19 291.75 Td (as ) Tj ET Q q 0 0 0 rg BT 265.53 291.75 Td (well ) Tj ET Q q 0 0 0 rg BT 285.53 291.75 Td (as ) Tj ET Q q 0 0 0 rg BT 298.87 291.75 Td (to ) Tj ET Q q 0 0 0 rg BT 309.99 291.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 350.58 291.75 Td (to ) Tj ET Q q 0 0 0 rg BT 361.69 291.75 Td (invest ) Tj ET Q q 0 0 0 rg BT 390.59 291.75 Td (in ) Tj ET Q q 0 0 0 rg BT 401.16 291.75 Td (acquisitions;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 273.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 273.75 Td (our ) Tj ET Q q 0 0 0 rg BT 103.21 273.75 Td (expectation ) Tj ET Q q 0 0 0 rg BT 157.11 273.75 Td (that ) Tj ET Q q 0 0 0 rg BT 176.54 273.75 Td (our ) Tj ET Q q 0 0 0 rg BT 193.74 273.75 Td (cost ) Tj ET Q q 0 0 0 rg BT 214.84 273.75 Td (of ) Tj ET Q q 0 0 0 rg BT 225.93 273.75 Td (revenues, ) Tj ET Q q 0 0 0 rg BT 272.60 273.75 Td (research ) Tj ET Q q 0 0 0 rg BT 314.25 273.75 Td (and ) Tj ET Q q 0 0 0 rg BT 333.69 273.75 Td (development ) Tj ET Q q 0 0 0 rg BT 393.71 273.75 Td (\(R&D\) ) Tj ET Q q 0 0 0 rg BT 424.23 273.75 Td (expenses, ) Tj ET Q q 0 0 0 rg BT 472.57 273.75 Td (sales ) Tj ET Q q 0 0 0 rg BT 498.67 273.75 Td (and ) Tj ET Q q 0 0 0 rg BT 518.10 273.75 Td (marketing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 261.75 Td (expenses, ) Tj ET Q q 0 0 0 rg BT 133.38 261.75 Td (and ) Tj ET Q q 0 0 0 rg BT 151.85 261.75 Td (general ) Tj ET Q q 0 0 0 rg BT 187.00 261.75 Td (and ) Tj ET Q q 0 0 0 rg BT 205.47 261.75 Td (administrative ) Tj ET Q q 0 0 0 rg BT 268.95 261.75 Td (expenses ) Tj ET Q q 0 0 0 rg BT 313.55 261.75 Td (will ) Tj ET Q q 0 0 0 rg BT 329.23 261.75 Td (increase ) Tj ET Q q 0 0 0 rg BT 368.81 261.75 Td (in ) Tj ET Q q 0 0 0 rg BT 378.39 261.75 Td (amount ) Tj ET Q q 0 0 0 rg BT 413.53 261.75 Td (and ) Tj ET Q q 0 0 0 rg BT 432.00 261.75 Td (may ) Tj ET Q q 0 0 0 rg BT 452.68 261.75 Td (increase ) Tj ET Q q 0 0 0 rg BT 492.27 261.75 Td (as ) Tj ET Q q 0 0 0 rg BT 504.62 261.75 Td (a ) Tj ET Q q 0 0 0 rg BT 511.97 261.75 Td (percentage ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 249.75 Td (of ) Tj ET Q q 0 0 0 rg BT 97.12 249.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 141.03 249.75 Td (may ) Tj ET Q q 0 0 0 rg BT 162.70 249.75 Td (be ) Tj ET Q q 0 0 0 rg BT 176.61 249.75 Td (af) Tj ET Q q 0 0 0 rg BT 184.76 249.75 Td (fected ) Tj ET Q q 0 0 0 rg BT 214.78 249.75 Td (by ) Tj ET Q q 0 0 0 rg BT 228.12 249.75 Td (a ) Tj ET Q q 0 0 0 rg BT 236.46 249.75 Td (number ) Tj ET Q q 0 0 0 rg BT 273.15 249.75 Td (of ) Tj ET Q q 0 0 0 rg BT 284.27 249.75 Td (factors;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 231.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 231.75 Td (estimates ) Tj ET Q q 0 0 0 rg BT 131.57 231.75 Td (of ) Tj ET Q q 0 0 0 rg BT 142.69 231.75 Td (our ) Tj ET Q q 0 0 0 rg BT 159.92 231.75 Td (future ) Tj ET Q q 0 0 0 rg BT 188.27 231.75 Td (compensation ) Tj ET Q q 0 0 0 rg BT 253.31 231.75 Td (expenses;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 213.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 213.75 Td (our ) Tj ET Q q 0 0 0 rg BT 103.15 213.75 Td (expectation ) Tj ET Q q 0 0 0 rg BT 157.00 213.75 Td (that ) Tj ET Q q 0 0 0 rg BT 176.38 213.75 Td (our ) Tj ET Q q 0 0 0 rg BT 193.53 213.75 Td (other ) Tj ET Q q 0 0 0 rg BT 219.02 213.75 Td (income ) Tj ET Q q 0 0 0 rg BT 253.95 213.75 Td (\(expense\), ) Tj ET Q q 0 0 0 rg BT 303.90 213.75 Td (net ) Tj ET Q q 0 0 0 rg BT 320.50 213.75 Td (\(OI&E\), ) Tj ET Q q 0 0 0 rg BT 356.53 213.75 Td (will ) Tj ET Q q 0 0 0 rg BT 373.11 213.75 Td (fluctuate ) Tj ET Q q 0 0 0 rg BT 413.62 213.75 Td (in ) Tj ET Q q 0 0 0 rg BT 424.10 213.75 Td (the ) Tj ET Q q 0 0 0 rg BT 440.70 213.75 Td (future, ) Tj ET Q q 0 0 0 rg BT 471.74 213.75 Td (as ) Tj ET Q q 0 0 0 rg BT 485.00 213.75 Td (it ) Tj ET Q q 0 0 0 rg BT 492.70 213.75 Td (is ) Tj ET Q q 0 0 0 rg BT 502.62 213.75 Td (largely ) Tj ET Q q 0 0 0 rg BT 534.78 213.75 Td (driven ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 201.75 Td (by ) Tj ET Q q 0 0 0 rg BT 99.34 201.75 Td (market ) Tj ET Q q 0 0 0 rg BT 132.68 201.75 Td (dynamics;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 183.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 183.75 Td (fluctuations ) Tj ET Q q 0 0 0 rg BT 139.36 183.75 Td (in ) Tj ET Q q 0 0 0 rg BT 149.93 183.75 Td (our ) Tj ET Q q 0 0 0 rg BT 167.16 183.75 Td (ef) Tj ET Q q 0 0 0 rg BT 175.32 183.75 Td (fective ) Tj ET Q q 0 0 0 rg BT 207.00 183.75 Td (tax ) Tj ET Q q 0 0 0 rg BT 223.11 183.75 Td (rate;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 165.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 165.75 Td (seasonal ) Tj ET Q q 0 0 0 rg BT 130.30 165.75 Td (fluctuations ) Tj ET Q q 0 0 0 rg BT 185.16 165.75 Td (in ) Tj ET Q q 0 0 0 rg BT 197.22 165.75 Td (internet ) Tj ET Q q 0 0 0 rg BT 234.85 165.75 Td (usage ) Tj ET Q q 0 0 0 rg BT 266.37 165.75 Td (and ) Tj ET Q q 0 0 0 rg BT 287.32 165.75 Td (advertiser ) Tj ET Q q 0 0 0 rg BT 335.50 165.75 Td (expenditures, ) Tj ET Q q 0 0 0 rg BT 399.82 165.75 Td (underlying ) Tj ET Q q 0 0 0 rg BT 450.23 165.75 Td (business ) Tj ET Q q 0 0 0 rg BT 493.97 165.75 Td (trends ) Tj ET Q q 0 0 0 rg BT 526.04 165.75 Td (such ) Tj ET Q q 0 0 0 rg BT 551.44 165.75 Td (as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 153.75 Td (traditional ) Tj ET Q q 0 0 0 rg BT 133.65 153.75 Td (retail ) Tj ET Q q 0 0 0 rg BT 159.61 153.75 Td (seasonality ) Tj ET Q q 0 0 0 rg BT 213.93 153.75 Td (and ) Tj ET Q q 0 0 0 rg BT 234.91 153.75 Td (macroeconomic ) Tj ET Q q 0 0 0 rg BT 309.78 153.75 Td (conditions, ) Tj ET Q q 0 0 0 rg BT 361.88 153.75 Td (which ) Tj ET Q q 0 0 0 rg BT 391.73 153.75 Td (are ) Tj ET Q q 0 0 0 rg BT 410.48 153.75 Td (likely ) Tj ET Q q 0 0 0 rg BT 436.99 153.75 Td (to ) Tj ET Q q 0 0 0 rg BT 449.62 153.75 Td (cause ) Tj ET Q q 0 0 0 rg BT 480.60 153.75 Td (fluctuations ) Tj ET Q q 0 0 0 rg BT 535.47 153.75 Td (in ) Tj ET Q q 0 0 0 rg BT 547.55 153.75 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 141.75 Td (quarterly ) Tj ET Q q 0 0 0 rg BT 127.68 141.75 Td (results;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 123.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 123.75 Td (the ) Tj ET Q q 0 0 0 rg BT 102.68 123.75 Td (suf) Tj ET Q q 0 0 0 rg BT 115.84 123.75 Td (ficiency ) Tj ET Q q 0 0 0 rg BT 151.96 123.75 Td (of ) Tj ET Q q 0 0 0 rg BT 163.08 123.75 Td (our ) Tj ET Q q 0 0 0 rg BT 180.31 123.75 Td (sources ) Tj ET Q q 0 0 0 rg BT 218.10 123.75 Td (of ) Tj ET Q q 0 0 0 rg BT 229.22 123.75 Td (funding;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 105.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 105.75 Td (our ) Tj ET Q q 0 0 0 rg BT 103.23 105.75 Td (potential ) Tj ET Q q 0 0 0 rg BT 143.82 105.75 Td (exposure ) Tj ET Q q 0 0 0 rg BT 187.73 105.75 Td (in ) Tj ET Q q 0 0 0 rg BT 198.29 105.75 Td (connection ) Tj ET Q q 0 0 0 rg BT 249.44 105.75 Td (with ) Tj ET Q q 0 0 0 rg BT 270.00 105.75 Td (pending ) Tj ET Q q 0 0 0 rg BT 308.37 105.75 Td (investigations, ) Tj ET Q q 0 0 0 rg BT 374.52 105.75 Td (proceedings, ) Tj ET Q q 0 0 0 rg BT 434.56 105.75 Td (and ) Tj ET Q q 0 0 0 rg BT 454.02 105.75 Td (other ) Tj ET Q q 0 0 0 rg BT 479.59 105.75 Td (contingencies;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 87.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 87.75 Td (the ) Tj ET Q q 0 0 0 rg BT 103.43 87.75 Td (suf) Tj ET Q q 0 0 0 rg BT 116.59 87.75 Td (ficiency ) Tj ET Q q 0 0 0 rg BT 153.46 87.75 Td (and ) Tj ET Q q 0 0 0 rg BT 173.67 87.75 Td (timing ) Tj ET Q q 0 0 0 rg BT 203.88 87.75 Td (of ) Tj ET Q q 0 0 0 rg BT 215.75 87.75 Td (our ) Tj ET Q q 0 0 0 rg BT 233.73 87.75 Td (proposed ) Tj ET Q q 0 0 0 rg BT 278.96 87.75 Td (remedies ) Tj ET Q q 0 0 0 rg BT 323.61 87.75 Td (in ) Tj ET Q q 0 0 0 rg BT 334.92 87.75 Td (response ) Tj ET Q q 0 0 0 rg BT 379.59 87.75 Td (to ) Tj ET Q q 0 0 0 rg BT 391.46 87.75 Td (the ) Tj ET Q q 0 0 0 rg BT 408.89 87.75 Td (European ) Tj ET Q q 0 0 0 rg BT 455.78 87.75 Td (Commission's ) Tj ET Q q 0 0 0 rg BT 521.23 87.75 Td (\(EC\) ) Tj ET Q q 0 0 0 rg BT 545.31 87.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 75.75 Td (others' ) Tj ET Q q 0 0 0 rg BT 118.48 75.75 Td (decisions;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 57.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 57.75 Td (our ) Tj ET Q q 0 0 0 rg BT 104.66 57.75 Td (expectations ) Tj ET Q q 0 0 0 rg BT 165.00 57.75 Td (regarding ) Tj ET Q q 0 0 0 rg BT 211.46 57.75 Td (the ) Tj ET Q q 0 0 0 rg BT 229.56 57.75 Td (timing, ) Tj ET Q q 0 0 0 rg BT 263.22 57.75 Td (design ) Tj ET Q q 0 0 0 rg BT 296.89 57.75 Td (and ) Tj ET Q q 0 0 0 rg BT 317.77 57.75 Td (implementation ) Tj ET Q q 0 0 0 rg BT 389.79 57.75 Td (of ) Tj ET Q q 0 0 0 rg BT 402.33 57.75 Td (our ) Tj ET Q q 0 0 0 rg BT 420.99 57.75 Td (new ) Tj ET Q q 0 0 0 rg BT 443.53 57.75 Td (global ) Tj ET Q q 0 0 0 rg BT 474.42 57.75 Td (enterprise ) Tj ET Q q 0 0 0 rg BT 523.09 57.75 Td (resource ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 45.75 Td (planning ) Tj ET Q q 0 0 0 rg BT 126.59 45.75 Td (\(ERP\) ) Tj ET Q q 0 0 0 rg BT 156.59 45.75 Td (system;) Tj ET Q endstream endobj 11 0 obj <>] /Rotate 0 /Contents 12 0 R>> endobj 12 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 53 767.11455078125 m 123.04443359375 767.11455078125 l s q 0 0 1 rg BT 53.00 768.40 Td (T) Tj ET Q q 0 0 1 rg BT 57.50 768.40 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.396078431372549 0.396078431372549 0.396078431372549 rg BT 500.45 768.40 Td (Alphabet Inc.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.20 31.25 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 741.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 741.75 Td (the ) Tj ET Q q 0 0 0 rg BT 102.68 741.75 Td (expected ) Tj ET Q q 0 0 0 rg BT 146.04 741.75 Td (timing ) Tj ET Q q 0 0 0 rg BT 175.50 741.75 Td (and ) Tj ET Q q 0 0 0 rg BT 194.96 741.75 Td (amount ) Tj ET Q q 0 0 0 rg BT 231.09 741.75 Td (of ) Tj ET Q q 0 0 0 rg BT 241.66 741.75 Td (Alphabet ) Tj ET Q q 0 0 0 rg BT 283.92 741.75 Td (Inc.'s ) Tj ET Q q 0 0 0 rg BT 309.72 741.75 Td (share ) Tj ET Q q 0 0 0 rg BT 337.51 741.75 Td (repurchases;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 723.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 723.75 Td (our ) Tj ET Q q 0 0 0 rg BT 103.23 723.75 Td (long-term ) Tj ET Q q 0 0 0 rg BT 148.25 723.75 Td (sustainability ) Tj ET Q q 0 0 0 rg BT 208.28 723.75 Td (goals;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 693.75 Td (as ) Tj ET Q q 0 0 0 rg BT 62.45 693.75 Td (well ) Tj ET Q q 0 0 0 rg BT 81.57 693.75 Td (as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 94.03 693.75 Td (other ) Tj ET Q q 0 0 0 rg BT 118.71 693.75 Td (statements ) Tj ET Q q 0 0 0 rg BT 169.52 693.75 Td (regarding ) Tj ET Q q 0 0 0 rg BT 213.66 693.75 Td (our ) Tj ET Q q 0 0 0 rg BT 230.01 693.75 Td (future ) Tj ET Q q 0 0 0 rg BT 257.47 693.75 Td (operations, ) Tj ET Q q 0 0 0 rg BT 308.84 693.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 347.42 693.75 Td (condition ) Tj ET Q q 0 0 0 rg BT 389.34 693.75 Td (and ) Tj ET Q q 0 0 0 rg BT 407.92 693.75 Td (prospects, ) Tj ET Q q 0 0 0 rg BT 455.95 693.75 Td (and ) Tj ET Q q 0 0 0 rg BT 474.52 693.75 Td (business ) Tj ET Q q 0 0 0 rg BT 515.88 693.75 Td (strategies. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 681.75 Td (Forward-looking ) Tj ET Q q 0 0 0 rg BT 124.74 681.75 Td (statements ) Tj ET Q q 0 0 0 rg BT 176.69 681.75 Td (may ) Tj ET Q q 0 0 0 rg BT 198.63 681.75 Td (appear ) Tj ET Q q 0 0 0 rg BT 232.81 681.75 Td (throughout ) Tj ET Q q 0 0 0 rg BT 283.67 681.75 Td (this ) Tj ET Q q 0 0 0 rg BT 302.27 681.75 Td (report ) Tj ET Q q 0 0 0 rg BT 331.44 681.75 Td (and ) Tj ET Q q 0 0 0 rg BT 351.17 681.75 Td (other ) Tj ET Q q 0 0 0 rg BT 377.00 681.75 Td (documents ) Tj ET Q q 0 0 0 rg BT 428.96 681.75 Td (we ) Tj ET Q q 0 0 0 rg BT 444.79 681.75 Td (file ) Tj ET Q q 0 0 0 rg BT 460.61 681.75 Td (with ) Tj ET Q q 0 0 0 rg BT 481.44 681.75 Td (the ) Tj ET Q q 0 0 0 rg BT 498.38 681.75 Td (Securities ) Tj ET Q q 0 0 0 rg BT 545.33 681.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 669.75 Td (Exchange ) Tj ET Q q 0 0 0 rg BT 97.85 669.75 Td (Commission ) Tj ET Q q 0 0 0 rg BT 156.24 669.75 Td (\(SEC\), ) Tj ET Q q 0 0 0 rg BT 189.62 669.75 Td (including ) Tj ET Q q 0 0 0 rg BT 232.47 669.75 Td (without ) Tj ET Q q 0 0 0 rg BT 267.53 669.75 Td (limitation, ) Tj ET Q q 0 0 0 rg BT 313.14 669.75 Td (the ) Tj ET Q q 0 0 0 rg BT 330.42 669.75 Td (following ) Tj ET Q q 0 0 0 rg BT 372.71 669.75 Td (sections: ) Tj ET Q q 0 0 0 rg BT 415.54 669.75 Td (Item ) Tj ET Q q 0 0 0 rg BT 438.37 669.75 Td (1 ) Tj ET Q q 0 0 0 rg BT 447.31 669.75 Td ("Business," ) Tj ET Q q 0 0 0 rg BT 501.14 669.75 Td (Item ) Tj ET Q q 0 0 0 rg BT 523.96 669.75 Td (1A) Tj ET Q q 0 0 0 rg BT 535.64 669.75 Td ( ) Tj ET Q q 0 0 0 rg BT 539.02 669.75 Td ("Risk ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 657.75 Td (Factors," ) Tj ET Q q 0 0 0 rg BT 93.67 657.75 Td (and ) Tj ET Q q 0 0 0 rg BT 114.35 657.75 Td (Item ) Tj ET Q q 0 0 0 rg BT 137.80 657.75 Td (7 ) Tj ET Q q 0 0 0 rg BT 147.36 657.75 Td ("Management? Tj ET Q q 0 0 0 rg BT 211.32 657.75 Td (s ) Tj ET Q q 0 0 0 rg BT 220.32 657.75 Td (Discussion ) Tj ET Q q 0 0 0 rg BT 272.67 657.75 Td (and ) Tj ET Q q 0 0 0 rg BT 292.56 657.75 Td (Analysis ) Tj ET Q q 0 0 0 rg BT 333.79 657.75 Td (of ) Tj ET Q q 0 0 0 rg BT 346.13 657.75 Td (Financial ) Tj ET Q q 0 0 0 rg BT 390.15 657.75 Td (Condition ) Tj ET Q q 0 0 0 rg BT 436.40 657.75 Td (and ) Tj ET Q q 0 0 0 rg BT 457.08 657.75 Td (Results ) Tj ET Q q 0 0 0 rg BT 494.43 657.75 Td (of ) Tj ET Q q 0 0 0 rg BT 506.76 657.75 Td (Operations." ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 645.75 Td (Forward-looking ) Tj ET Q q 0 0 0 rg BT 126.50 645.75 Td (statements ) Tj ET Q q 0 0 0 rg BT 180.22 645.75 Td (generally ) Tj ET Q q 0 0 0 rg BT 225.61 645.75 Td (can ) Tj ET Q q 0 0 0 rg BT 246.54 645.75 Td (be ) Tj ET Q q 0 0 0 rg BT 262.47 645.75 Td (identified ) Tj ET Q q 0 0 0 rg BT 307.31 645.75 Td (by ) Tj ET Q q 0 0 0 rg BT 322.68 645.75 Td (words ) Tj ET Q q 0 0 0 rg BT 354.16 645.75 Td (such ) Tj ET Q q 0 0 0 rg BT 380.09 645.75 Td (as ) Tj ET Q q 0 0 0 rg BT 395.46 645.75 Td ("anticipates," ) Tj ET Q q 0 0 0 rg BT 457.95 645.75 Td ("believes," ) Tj ET Q q 0 0 0 rg BT 509.33 645.75 Td ("estimates," ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 633.75 Td ("expects," ) Tj ET Q q 0 0 0 rg BT 96.19 633.75 Td ("intends," ) Tj ET Q q 0 0 0 rg BT 140.16 633.75 Td ("plans," ) Tj ET Q q 0 0 0 rg BT 175.78 633.75 Td ("predicts," ) Tj ET Q q 0 0 0 rg BT 222.52 633.75 Td ("projects," ) Tj ET Q q 0 0 0 rg BT 269.26 633.75 Td ("will ) Tj ET Q q 0 0 0 rg BT 288.54 633.75 Td (be," ) Tj ET Q q 0 0 0 rg BT 307.84 633.75 Td ("will ) Tj ET Q q 0 0 0 rg BT 327.12 633.75 Td (continue," ) Tj ET Q q 0 0 0 rg BT 373.10 633.75 Td ("may) Tj ET Q q 0 0 0 rg BT 394.80 633.75 Td (," ) Tj ET Q q 0 0 0 rg BT 402.97 633.75 Td ("could," ) Tj ET Q q 0 0 0 rg BT 438.60 633.75 Td ("will ) Tj ET Q q 0 0 0 rg BT 457.88 633.75 Td (likely ) Tj ET Q q 0 0 0 rg BT 481.96 633.75 Td (result," ) Tj ET Q q 0 0 0 rg BT 514.58 633.75 Td (and ) Tj ET Q q 0 0 0 rg BT 533.11 633.75 Td (similar ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 621.75 Td (expressions. ) Tj ET Q q 0 0 0 rg BT 108.67 621.75 Td (These ) Tj ET Q q 0 0 0 rg BT 139.18 621.75 Td (forward-looking ) Tj ET Q q 0 0 0 rg BT 210.25 621.75 Td (statements ) Tj ET Q q 0 0 0 rg BT 261.87 621.75 Td (are ) Tj ET Q q 0 0 0 rg BT 279.04 621.75 Td (based ) Tj ET Q q 0 0 0 rg BT 308.99 621.75 Td (on ) Tj ET Q q 0 0 0 rg BT 322.83 621.75 Td (current ) Tj ET Q q 0 0 0 rg BT 356.66 621.75 Td (expectations ) Tj ET Q q 0 0 0 rg BT 415.52 621.75 Td (and ) Tj ET Q q 0 0 0 rg BT 434.91 621.75 Td (assumptions ) Tj ET Q q 0 0 0 rg BT 493.76 621.75 Td (that ) Tj ET Q q 0 0 0 rg BT 513.15 621.75 Td (are ) Tj ET Q q 0 0 0 rg BT 530.31 621.75 Td (subject ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 609.75 Td (to ) Tj ET Q q 0 0 0 rg BT 60.89 609.75 Td (risks ) Tj ET Q q 0 0 0 rg BT 83.99 609.75 Td (and ) Tj ET Q q 0 0 0 rg BT 103.22 609.75 Td (uncertainties, ) Tj ET Q q 0 0 0 rg BT 165.25 609.75 Td (which ) Tj ET Q q 0 0 0 rg BT 193.36 609.75 Td (could ) Tj ET Q q 0 0 0 rg BT 219.81 609.75 Td (cause ) Tj ET Q q 0 0 0 rg BT 249.05 609.75 Td (our ) Tj ET Q q 0 0 0 rg BT 266.05 609.75 Td (actual ) Tj ET Q q 0 0 0 rg BT 295.28 609.75 Td (results ) Tj ET Q q 0 0 0 rg BT 327.28 609.75 Td (to ) Tj ET Q q 0 0 0 rg BT 338.17 609.75 Td (dif) Tj ET Q q 0 0 0 rg BT 348.55 609.75 Td (fer ) Tj ET Q q 0 0 0 rg BT 362.77 609.75 Td (materially ) Tj ET Q q 0 0 0 rg BT 408.10 609.75 Td (from ) Tj ET Q q 0 0 0 rg BT 430.65 609.75 Td (those ) Tj ET Q q 0 0 0 rg BT 457.66 609.75 Td (reflected ) Tj ET Q q 0 0 0 rg BT 498.56 609.75 Td (in ) Tj ET Q q 0 0 0 rg BT 508.89 609.75 Td (the ) Tj ET Q q 0 0 0 rg BT 525.34 609.75 Td (forward-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 597.75 Td (looking ) Tj ET Q q 0 0 0 rg BT 84.97 597.75 Td (statements. ) Tj ET Q q 0 0 0 rg BT 139.95 597.75 Td (Factors ) Tj ET Q q 0 0 0 rg BT 176.57 597.75 Td (that ) Tj ET Q q 0 0 0 rg BT 196.53 597.75 Td (could ) Tj ET Q q 0 0 0 rg BT 223.72 597.75 Td (cause ) Tj ET Q q 0 0 0 rg BT 253.69 597.75 Td (or ) Tj ET Q q 0 0 0 rg BT 265.86 597.75 Td (contribute ) Tj ET Q q 0 0 0 rg BT 313.06 597.75 Td (to ) Tj ET Q q 0 0 0 rg BT 324.69 597.75 Td (such ) Tj ET Q q 0 0 0 rg BT 349.09 597.75 Td (dif) Tj ET Q q 0 0 0 rg BT 359.47 597.75 Td (ferences ) Tj ET Q q 0 0 0 rg BT 401.11 597.75 Td (include, ) Tj ET Q q 0 0 0 rg BT 438.86 597.75 Td (but ) Tj ET Q q 0 0 0 rg BT 456.05 597.75 Td (are ) Tj ET Q q 0 0 0 rg BT 473.78 597.75 Td (not ) Tj ET Q q 0 0 0 rg BT 490.97 597.75 Td (limited ) Tj ET Q q 0 0 0 rg BT 523.15 597.75 Td (to, ) Tj ET Q q 0 0 0 rg BT 537.55 597.75 Td (those ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 585.75 Td (discussed ) Tj ET Q q 0 0 0 rg BT 97.09 585.75 Td (in ) Tj ET Q q 0 0 0 rg BT 107.50 585.75 Td (this ) Tj ET Q q 0 0 0 rg BT 125.16 585.75 Td (Annual ) Tj ET Q q 0 0 0 rg BT 158.92 585.75 Td (Report ) Tj ET Q q 0 0 0 rg BT 191.55 585.75 Td (on ) Tj ET Q q 0 0 0 rg BT 205.30 585.75 Td (Form ) Tj ET Q q 0 0 0 rg BT 231.25 585.75 Td (10-K, ) Tj ET Q q 0 0 0 rg BT 257.78 585.75 Td (and ) Tj ET Q q 0 0 0 rg BT 277.08 585.75 Td (in ) Tj ET Q q 0 0 0 rg BT 287.49 585.75 Td (particular) Tj ET Q q 0 0 0 rg BT 328.06 585.75 Td (, ) Tj ET Q q 0 0 0 rg BT 333.46 585.75 Td (the ) Tj ET Q q 0 0 0 rg BT 349.99 585.75 Td (risks ) Tj ET Q q 0 0 0 rg BT 373.16 585.75 Td (discussed ) Tj ET Q q 0 0 0 rg BT 420.25 585.75 Td (in ) Tj ET Q q 0 0 0 rg BT 430.66 585.75 Td (Item ) Tj ET Q q 0 0 0 rg BT 452.73 585.75 Td (1A, ) Tj ET Q q 0 0 0 rg BT 470.36 585.75 Td ("Risk ) Tj ET Q q 0 0 0 rg BT 495.97 585.75 Td (Factors" ) Tj ET Q q 0 0 0 rg BT 535.49 585.75 Td (of ) Tj ET Q q 0 0 0 rg BT 546.45 585.75 Td (this ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 573.75 Td (report ) Tj ET Q q 0 0 0 rg BT 78.74 573.75 Td (and ) Tj ET Q q 0 0 0 rg BT 98.04 573.75 Td (those ) Tj ET Q q 0 0 0 rg BT 125.12 573.75 Td (discussed ) Tj ET Q q 0 0 0 rg BT 172.20 573.75 Td (in ) Tj ET Q q 0 0 0 rg BT 182.60 573.75 Td (other ) Tj ET Q q 0 0 0 rg BT 208.01 573.75 Td (documents ) Tj ET Q q 0 0 0 rg BT 259.54 573.75 Td (we ) Tj ET Q q 0 0 0 rg BT 274.94 573.75 Td (file ) Tj ET Q q 0 0 0 rg BT 290.34 573.75 Td (with ) Tj ET Q q 0 0 0 rg BT 310.74 573.75 Td (the ) Tj ET Q q 0 0 0 rg BT 327.25 573.75 Td (SEC. ) Tj ET Q q 0 0 0 rg BT 353.21 573.75 Td (W) Tj ET Q q 0 0 0 rg BT 362.47 573.75 Td (e ) Tj ET Q q 0 0 0 rg BT 370.65 573.75 Td (undertake ) Tj ET Q q 0 0 0 rg BT 417.74 573.75 Td (no ) Tj ET Q q 0 0 0 rg BT 431.48 573.75 Td (obligation ) Tj ET Q q 0 0 0 rg BT 476.91 573.75 Td (to ) Tj ET Q q 0 0 0 rg BT 487.86 573.75 Td (revise ) Tj ET Q q 0 0 0 rg BT 517.15 573.75 Td (or ) Tj ET Q q 0 0 0 rg BT 528.66 573.75 Td (publicly ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 561.75 Td (release ) Tj ET Q q 0 0 0 rg BT 85.65 561.75 Td (the ) Tj ET Q q 0 0 0 rg BT 102.40 561.75 Td (results ) Tj ET Q q 0 0 0 rg BT 134.70 561.75 Td (of ) Tj ET Q q 0 0 0 rg BT 145.89 561.75 Td (any ) Tj ET Q q 0 0 0 rg BT 164.86 561.75 Td (revision ) Tj ET Q q 0 0 0 rg BT 202.17 561.75 Td (to ) Tj ET Q q 0 0 0 rg BT 213.35 561.75 Td (these ) Tj ET Q q 0 0 0 rg BT 240.67 561.75 Td (forward-looking ) Tj ET Q q 0 0 0 rg BT 311.88 561.75 Td (statements, ) Tj ET Q q 0 0 0 rg BT 366.42 561.75 Td (except ) Tj ET Q q 0 0 0 rg BT 398.73 561.75 Td (as ) Tj ET Q q 0 0 0 rg BT 412.14 561.75 Td (required ) Tj ET Q q 0 0 0 rg BT 451.68 561.75 Td (by ) Tj ET Q q 0 0 0 rg BT 465.09 561.75 Td (law) Tj ET Q q 0 0 0 rg BT 479.54 561.75 Td (. ) Tj ET Q q 0 0 0 rg BT 485.17 561.75 Td (Given ) Tj ET Q q 0 0 0 rg BT 514.14 561.75 Td (these ) Tj ET Q q 0 0 0 rg BT 541.45 561.75 Td (risks ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 549.75 Td (and ) Tj ET Q q 0 0 0 rg BT 69.46 549.75 Td (uncertainties, ) Tj ET Q q 0 0 0 rg BT 131.72 549.75 Td (readers ) Tj ET Q q 0 0 0 rg BT 168.40 549.75 Td (are ) Tj ET Q q 0 0 0 rg BT 185.63 549.75 Td (cautioned ) Tj ET Q q 0 0 0 rg BT 231.78 549.75 Td (not ) Tj ET Q q 0 0 0 rg BT 248.46 549.75 Td (to ) Tj ET Q q 0 0 0 rg BT 259.58 549.75 Td (place ) Tj ET Q q 0 0 0 rg BT 286.26 549.75 Td (undue ) Tj ET Q q 0 0 0 rg BT 316.85 549.75 Td (reliance ) Tj ET Q q 0 0 0 rg BT 354.65 549.75 Td (on ) Tj ET Q q 0 0 0 rg BT 368.55 549.75 Td (such ) Tj ET Q q 0 0 0 rg BT 392.45 549.75 Td (forward-looking ) Tj ET Q q 0 0 0 rg BT 463.59 549.75 Td (statements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 531.75 Td (As ) Tj ET Q q 0 0 0 rg BT 88.04 531.75 Td (used ) Tj ET Q q 0 0 0 rg BT 113.60 531.75 Td (herein, ) Tj ET Q q 0 0 0 rg BT 148.05 531.75 Td ("Alphabet," ) Tj ET Q q 0 0 0 rg BT 201.27 531.75 Td ("the ) Tj ET Q q 0 0 0 rg BT 222.60 531.75 Td (company) Tj ET Q q 0 0 0 rg BT 262.43 531.75 Td (," ) Tj ET Q q 0 0 0 rg BT 272.63 531.75 Td ("we," ) Tj ET Q q 0 0 0 rg BT 299.16 531.75 Td ("us," ) Tj ET Q q 0 0 0 rg BT 323.47 531.75 Td ("our) Tj ET Q q 0 0 0 rg BT 340.92 531.75 Td (," ) Tj ET Q q 0 0 0 rg BT 351.12 531.75 Td (and ) Tj ET Q q 0 0 0 rg BT 371.68 531.75 Td (similar ) Tj ET Q q 0 0 0 rg BT 404.44 531.75 Td (terms ) Tj ET Q q 0 0 0 rg BT 433.31 531.75 Td (include ) Tj ET Q q 0 0 0 rg BT 468.10 531.75 Td (Alphabet ) Tj ET Q q 0 0 0 rg BT 511.45 531.75 Td (Inc. ) Tj ET Q q 0 0 0 rg BT 531.44 531.75 Td (and ) Tj ET Q q 0 0 0 rg BT 552.00 531.75 Td (its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 519.75 Td (subsidiaries, ) Tj ET Q q 0 0 0 rg BT 108.36 519.75 Td (unless ) Tj ET Q q 0 0 0 rg BT 140.04 519.75 Td (the ) Tj ET Q q 0 0 0 rg BT 156.72 519.75 Td (context ) Tj ET Q q 0 0 0 rg BT 191.74 519.75 Td (indicates ) Tj ET Q q 0 0 0 rg BT 233.99 519.75 Td (otherwise.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 501.75 Td ("Alphabet," ) Tj ET Q q 0 0 0 rg BT 124.17 501.75 Td ("Google," ) Tj ET Q q 0 0 0 rg BT 168.61 501.75 Td (and ) Tj ET Q q 0 0 0 rg BT 187.61 501.75 Td (other ) Tj ET Q q 0 0 0 rg BT 212.72 501.75 Td (trademarks ) Tj ET Q q 0 0 0 rg BT 265.05 501.75 Td (of ) Tj ET Q q 0 0 0 rg BT 275.71 501.75 Td (ours ) Tj ET Q q 0 0 0 rg BT 297.48 501.75 Td (appearing ) Tj ET Q q 0 0 0 rg BT 344.27 501.75 Td (in ) Tj ET Q q 0 0 0 rg BT 354.37 501.75 Td (this ) Tj ET Q q 0 0 0 rg BT 372.25 501.75 Td (report ) Tj ET Q q 0 0 0 rg BT 400.69 501.75 Td (are ) Tj ET Q q 0 0 0 rg BT 417.46 501.75 Td (our ) Tj ET Q q 0 0 0 rg BT 434.23 501.75 Td (property) Tj ET Q q 0 0 0 rg BT 470.17 501.75 Td (. ) Tj ET Q q 0 0 0 rg BT 475.11 501.75 Td (This ) Tj ET Q q 0 0 0 rg BT 496.32 501.75 Td (report ) Tj ET Q q 0 0 0 rg BT 524.76 501.75 Td (contains ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 489.75 Td (additional ) Tj ET Q q 0 0 0 rg BT 95.50 489.75 Td (trade ) Tj ET Q q 0 0 0 rg BT 120.97 489.75 Td (names ) Tj ET Q q 0 0 0 rg BT 153.67 489.75 Td (and ) Tj ET Q q 0 0 0 rg BT 173.04 489.75 Td (trademarks ) Tj ET Q q 0 0 0 rg BT 225.74 489.75 Td (of ) Tj ET Q q 0 0 0 rg BT 236.77 489.75 Td (other ) Tj ET Q q 0 0 0 rg BT 262.24 489.75 Td (companies. ) Tj ET Q q 0 0 0 rg BT 316.07 489.75 Td (W) Tj ET Q q 0 0 0 rg BT 325.32 489.75 Td (e ) Tj ET Q q 0 0 0 rg BT 333.57 489.75 Td (do ) Tj ET Q q 0 0 0 rg BT 347.38 489.75 Td (not ) Tj ET Q q 0 0 0 rg BT 363.96 489.75 Td (intend ) Tj ET Q q 0 0 0 rg BT 393.89 489.75 Td (our ) Tj ET Q q 0 0 0 rg BT 411.03 489.75 Td (use ) Tj ET Q q 0 0 0 rg BT 429.84 489.75 Td (or ) Tj ET Q q 0 0 0 rg BT 441.42 489.75 Td (display ) Tj ET Q q 0 0 0 rg BT 475.23 489.75 Td (of ) Tj ET Q q 0 0 0 rg BT 486.25 489.75 Td (other ) Tj ET Q q 0 0 0 rg BT 511.73 489.75 Td (companies' ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 477.75 Td (trade ) Tj ET Q q 0 0 0 rg BT 75.05 477.75 Td (names ) Tj ET Q q 0 0 0 rg BT 107.33 477.75 Td (or ) Tj ET Q q 0 0 0 rg BT 118.48 477.75 Td (trademarks ) Tj ET Q q 0 0 0 rg BT 170.75 477.75 Td (to ) Tj ET Q q 0 0 0 rg BT 181.35 477.75 Td (imply ) Tj ET Q q 0 0 0 rg BT 206.94 477.75 Td (an ) Tj ET Q q 0 0 0 rg BT 220.32 477.75 Td (endorsement ) Tj ET Q q 0 0 0 rg BT 280.95 477.75 Td (or ) Tj ET Q q 0 0 0 rg BT 292.10 477.75 Td (sponsorship ) Tj ET Q q 0 0 0 rg BT 348.28 477.75 Td (of ) Tj ET Q q 0 0 0 rg BT 358.88 477.75 Td (us ) Tj ET Q q 0 0 0 rg BT 371.70 477.75 Td (by ) Tj ET Q q 0 0 0 rg BT 384.52 477.75 Td (such ) Tj ET Q q 0 0 0 rg BT 407.90 477.75 Td (companies, ) Tj ET Q q 0 0 0 rg BT 461.30 477.75 Td (or ) Tj ET Q q 0 0 0 rg BT 472.45 477.75 Td (any ) Tj ET Q q 0 0 0 rg BT 490.83 477.75 Td (relationship ) Tj ET Q q 0 0 0 rg BT 544.23 477.75 Td (with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 465.75 Td (any ) Tj ET Q q 0 0 0 rg BT 68.90 465.75 Td (of ) Tj ET Q q 0 0 0 rg BT 80.02 465.75 Td (these ) Tj ET Q q 0 0 0 rg BT 107.26 465.75 Td (companies.) Tj ET Q endstream endobj 13 0 obj <>] /Rotate 0 /Contents 14 0 R>> endobj 14 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 53 767.11455078125 m 123.04443359375 767.11455078125 l s q 0 0 1 rg BT 53.00 768.40 Td (T) Tj ET Q q 0 0 1 rg BT 57.50 768.40 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.396078431372549 0.396078431372549 0.396078431372549 rg BT 500.45 768.40 Td (Alphabet Inc.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.20 31.25 Td (5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 741.75 Td (P) Tj ET Q q 0 0 0 rg BT 55.93 741.75 Td (ART I) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 718.47 Td (ITEM?.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 103.00 718.47 Td (BUSINESS) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 696.75 Td (Overview) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 678.75 Td (As ) Tj ET Q q 0 0 0 rg BT 87.02 678.75 Td (our ) Tj ET Q q 0 0 0 rg BT 104.32 678.75 Td (founders ) Tj ET Q q 0 0 0 rg BT 146.08 678.75 Td (Larry ) Tj ET Q q 0 0 0 rg BT 171.71 678.75 Td (and ) Tj ET Q q 0 0 0 rg BT 191.25 678.75 Td (Sergey ) Tj ET Q q 0 0 0 rg BT 225.78 678.75 Td (wrote ) Tj ET Q q 0 0 0 rg BT 253.08 678.75 Td (in ) Tj ET Q q 0 0 0 rg BT 263.71 678.75 Td (the ) Tj ET Q q 0 0 0 rg BT 280.46 678.75 Td (original ) Tj ET Q q 0 0 0 rg BT 315.55 678.75 Td (founders' ) Tj ET Q q 0 0 0 rg BT 359.22 678.75 Td (letter) Tj ET Q q 0 0 0 rg BT 380.90 678.75 Td (, ) Tj ET Q q 0 0 0 rg BT 386.53 678.75 Td ("Google ) Tj ET Q q 0 0 0 rg BT 425.17 678.75 Td (is ) Tj ET Q q 0 0 0 rg BT 435.24 678.75 Td (not ) Tj ET Q q 0 0 0 rg BT 451.99 678.75 Td (a ) Tj ET Q q 0 0 0 rg BT 460.40 678.75 Td (conventional ) Tj ET Q q 0 0 0 rg BT 519.40 678.75 Td (company) Tj ET Q q 0 0 0 rg BT 559.23 678.75 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 666.75 Td (W) Tj ET Q q 0 0 0 rg BT 59.26 666.75 Td (e ) Tj ET Q q 0 0 0 rg BT 66.67 666.75 Td (do ) Tj ET Q q 0 0 0 rg BT 79.64 666.75 Td (not ) Tj ET Q q 0 0 0 rg BT 95.39 666.75 Td (intend ) Tj ET Q q 0 0 0 rg BT 124.49 666.75 Td (to ) Tj ET Q q 0 0 0 rg BT 134.68 666.75 Td (become ) Tj ET Q q 0 0 0 rg BT 172.10 666.75 Td (one." ) Tj ET Q q 0 0 0 rg BT 196.84 666.75 Td (That ) Tj ET Q q 0 0 0 rg BT 218.70 666.75 Td (unconventional ) Tj ET Q q 0 0 0 rg BT 287.83 666.75 Td (spirit ) Tj ET Q q 0 0 0 rg BT 310.79 666.75 Td (has ) Tj ET Q q 0 0 0 rg BT 328.76 666.75 Td (been ) Tj ET Q q 0 0 0 rg BT 352.86 666.75 Td (a ) Tj ET Q q 0 0 0 rg BT 360.27 666.75 Td (driving ) Tj ET Q q 0 0 0 rg BT 391.57 666.75 Td (force ) Tj ET Q q 0 0 0 rg BT 415.65 666.75 Td (throughout ) Tj ET Q q 0 0 0 rg BT 465.32 666.75 Td (our ) Tj ET Q q 0 0 0 rg BT 481.62 666.75 Td (history ) Tj ET Q q 0 0 0 rg BT 512.92 666.75 Td (?) Tj ET Q q 0 0 0 rg BT 524.77 666.75 Td (inspiring ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 654.75 Td (us ) Tj ET Q q 0 0 0 rg BT 62.82 654.75 Td (to ) Tj ET Q q 0 0 0 rg BT 73.42 654.75 Td (do ) Tj ET Q q 0 0 0 rg BT 86.80 654.75 Td (things ) Tj ET Q q 0 0 0 rg BT 115.74 654.75 Td (like ) Tj ET Q q 0 0 0 rg BT 133.00 654.75 Td (tackling ) Tj ET Q q 0 0 0 rg BT 169.16 654.75 Td (deep ) Tj ET Q q 0 0 0 rg BT 193.67 654.75 Td (computer ) Tj ET Q q 0 0 0 rg BT 237.61 654.75 Td (science ) Tj ET Q q 0 0 0 rg BT 273.77 654.75 Td (problems, ) Tj ET Q q 0 0 0 rg BT 319.94 654.75 Td (such ) Tj ET Q q 0 0 0 rg BT 343.32 654.75 Td (as ) Tj ET Q q 0 0 0 rg BT 356.14 654.75 Td (our ) Tj ET Q q 0 0 0 rg BT 372.85 654.75 Td (investments ) Tj ET Q q 0 0 0 rg BT 428.46 654.75 Td (in ) Tj ET Q q 0 0 0 rg BT 438.50 654.75 Td (artificial ) Tj ET Q q 0 0 0 rg BT 474.65 654.75 Td (intelligence ) Tj ET Q q 0 0 0 rg BT 526.94 654.75 Td (\(AI\) ) Tj ET Q q 0 0 0 rg BT 545.31 654.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 642.75 Td (quantum ) Tj ET Q q 0 0 0 rg BT 91.69 642.75 Td (computing.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 624.75 Td (Alphabet ) Tj ET Q q 0 0 0 rg BT 115.15 624.75 Td (is ) Tj ET Q q 0 0 0 rg BT 125.54 624.75 Td (a ) Tj ET Q q 0 0 0 rg BT 134.27 624.75 Td (collection ) Tj ET Q q 0 0 0 rg BT 179.13 624.75 Td (of ) Tj ET Q q 0 0 0 rg BT 190.63 624.75 Td (businesses ) Tj ET Q q 0 0 0 rg BT 243.83 624.75 Td (?) Tj ET Q q 0 0 0 rg BT 257.00 624.75 Td (the ) Tj ET Q q 0 0 0 rg BT 274.07 624.75 Td (largest ) Tj ET Q q 0 0 0 rg BT 307.26 624.75 Td (of ) Tj ET Q q 0 0 0 rg BT 318.76 624.75 Td (which ) Tj ET Q q 0 0 0 rg BT 347.50 624.75 Td (is ) Tj ET Q q 0 0 0 rg BT 357.89 624.75 Td (Google. ) Tj ET Q q 0 0 0 rg BT 396.08 624.75 Td (W) Tj ET Q q 0 0 0 rg BT 405.34 624.75 Td (e ) Tj ET Q q 0 0 0 rg BT 414.07 624.75 Td (report ) Tj ET Q q 0 0 0 rg BT 443.36 624.75 Td (all ) Tj ET Q q 0 0 0 rg BT 456.54 624.75 Td (non-Google ) Tj ET Q q 0 0 0 rg BT 511.97 624.75 Td (businesses ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 612.75 Td (collectively ) Tj ET Q q 0 0 0 rg BT 100.21 612.75 Td (as ) Tj ET Q q 0 0 0 rg BT 112.63 612.75 Td (Other ) Tj ET Q q 0 0 0 rg BT 139.49 612.75 Td (Bets. ) Tj ET Q q 0 0 0 rg BT 164.14 612.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 182.67 612.75 Td (Other ) Tj ET Q q 0 0 0 rg BT 209.53 612.75 Td (Bets ) Tj ET Q q 0 0 0 rg BT 231.40 612.75 Td (include ) Tj ET Q q 0 0 0 rg BT 264.95 612.75 Td (earlier ) Tj ET Q q 0 0 0 rg BT 294.59 612.75 Td (stage ) Tj ET Q q 0 0 0 rg BT 320.91 612.75 Td (technologies ) Tj ET Q q 0 0 0 rg BT 378.92 612.75 Td (that ) Tj ET Q q 0 0 0 rg BT 397.46 612.75 Td (are ) Tj ET Q q 0 0 0 rg BT 413.77 612.75 Td (further ) Tj ET Q q 0 0 0 rg BT 444.53 612.75 Td (afield ) Tj ET Q q 0 0 0 rg BT 470.29 612.75 Td (from ) Tj ET Q q 0 0 0 rg BT 492.15 612.75 Td (our ) Tj ET Q q 0 0 0 rg BT 508.46 612.75 Td (core ) Tj ET Q q 0 0 0 rg BT 529.77 612.75 Td (Google ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 600.75 Td (business. ) Tj ET Q q 0 0 0 rg BT 95.48 600.75 Td (W) Tj ET Q q 0 0 0 rg BT 104.74 600.75 Td (e ) Tj ET Q q 0 0 0 rg BT 113.53 600.75 Td (take ) Tj ET Q q 0 0 0 rg BT 135.67 600.75 Td (a ) Tj ET Q q 0 0 0 rg BT 144.47 600.75 Td (long ) Tj ET Q q 0 0 0 rg BT 166.61 600.75 Td (term ) Tj ET Q q 0 0 0 rg BT 189.84 600.75 Td (view ) Tj ET Q q 0 0 0 rg BT 213.08 600.75 Td (and ) Tj ET Q q 0 0 0 rg BT 233.00 600.75 Td (manage ) Tj ET Q q 0 0 0 rg BT 272.37 600.75 Td (the ) Tj ET Q q 0 0 0 rg BT 289.51 600.75 Td (portfolio ) Tj ET Q q 0 0 0 rg BT 328.32 600.75 Td (of ) Tj ET Q q 0 0 0 rg BT 339.89 600.75 Td (Other ) Tj ET Q q 0 0 0 rg BT 368.14 600.75 Td (Bets ) Tj ET Q q 0 0 0 rg BT 391.38 600.75 Td (with ) Tj ET Q q 0 0 0 rg BT 412.40 600.75 Td (the ) Tj ET Q q 0 0 0 rg BT 429.53 600.75 Td (discipline ) Tj ET Q q 0 0 0 rg BT 473.90 600.75 Td (and ) Tj ET Q q 0 0 0 rg BT 493.82 600.75 Td (rigor ) Tj ET Q q 0 0 0 rg BT 517.06 600.75 Td (needed ) Tj ET Q q 0 0 0 rg BT 553.66 600.75 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 588.75 Td (deliver ) Tj ET Q q 0 0 0 rg BT 81.90 588.75 Td (long-term ) Tj ET Q q 0 0 0 rg BT 126.59 588.75 Td (returns. ) Tj ET Q q 0 0 0 rg BT 162.93 588.75 Td (Each ) Tj ET Q q 0 0 0 rg BT 188.17 588.75 Td (of ) Tj ET Q q 0 0 0 rg BT 198.96 588.75 Td (our ) Tj ET Q q 0 0 0 rg BT 215.86 588.75 Td (businesses ) Tj ET Q q 0 0 0 rg BT 268.33 588.75 Td (are ) Tj ET Q q 0 0 0 rg BT 285.23 588.75 Td (designed ) Tj ET Q q 0 0 0 rg BT 328.27 588.75 Td (to ) Tj ET Q q 0 0 0 rg BT 339.05 588.75 Td (prosper ) Tj ET Q q 0 0 0 rg BT 375.40 588.75 Td (through ) Tj ET Q q 0 0 0 rg BT 411.77 588.75 Td (strong ) Tj ET Q q 0 0 0 rg BT 442.01 588.75 Td (leaders ) Tj ET Q q 0 0 0 rg BT 477.25 588.75 Td (and ) Tj ET Q q 0 0 0 rg BT 496.38 588.75 Td (independence.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 72.50 570.75 Td (Access ) Tj ET Q q 0 0 0 rg BT 110.31 570.75 Td (and ) Tj ET Q q 0 0 0 rg BT 130.86 570.75 Td (technology ) Tj ET Q q 0 0 0 rg BT 186.98 570.75 Td (for ) Tj ET Q q 0 0 0 rg BT 203.09 570.75 Td (everyone) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 552.75 Td (The ) Tj ET Q q 0 0 0 rg BT 92.18 552.75 Td (Internet ) Tj ET Q q 0 0 0 rg BT 128.54 552.75 Td (is ) Tj ET Q q 0 0 0 rg BT 138.21 552.75 Td (one ) Tj ET Q q 0 0 0 rg BT 157.34 552.75 Td (of ) Tj ET Q q 0 0 0 rg BT 168.13 552.75 Td (the ) Tj ET Q q 0 0 0 rg BT 184.48 552.75 Td (world? Tj ET Q q 0 0 0 rg BT 210.42 552.75 Td (s ) Tj ET Q q 0 0 0 rg BT 217.87 552.75 Td (most ) Tj ET Q q 0 0 0 rg BT 241.99 552.75 Td (powerful ) Tj ET Q q 0 0 0 rg BT 282.23 552.75 Td (equalizers, ) Tj ET Q q 0 0 0 rg BT 333.04 552.75 Td (capable ) Tj ET Q q 0 0 0 rg BT 370.52 552.75 Td (of ) Tj ET Q q 0 0 0 rg BT 381.31 552.75 Td (propelling ) Tj ET Q q 0 0 0 rg BT 427.12 552.75 Td (new ) Tj ET Q q 0 0 0 rg BT 447.92 552.75 Td (ideas ) Tj ET Q q 0 0 0 rg BT 474.27 552.75 Td (and ) Tj ET Q q 0 0 0 rg BT 493.40 552.75 Td (people ) Tj ET Q q 0 0 0 rg BT 525.88 552.75 Td (forward. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 540.75 Td (T) Tj ET Q q 0 0 0 rg BT 55.00 540.75 Td (oday) Tj ET Q q 0 0 0 rg BT 75.94 540.75 Td (, ) Tj ET Q q 0 0 0 rg BT 81.31 540.75 Td (our ) Tj ET Q q 0 0 0 rg BT 98.35 540.75 Td (mission ) Tj ET Q q 0 0 0 rg BT 134.83 540.75 Td (to ) Tj ET Q q 0 0 0 rg BT 145.76 540.75 Td (organize ) Tj ET Q q 0 0 0 rg BT 186.70 540.75 Td (the ) Tj ET Q q 0 0 0 rg BT 203.19 540.75 Td (world? Tj ET Q q 0 0 0 rg BT 229.13 540.75 Td (s ) Tj ET Q q 0 0 0 rg BT 236.72 540.75 Td (information ) Tj ET Q q 0 0 0 rg BT 288.77 540.75 Td (and ) Tj ET Q q 0 0 0 rg BT 308.04 540.75 Td (make ) Tj ET Q q 0 0 0 rg BT 335.08 540.75 Td (it ) Tj ET Q q 0 0 0 rg BT 342.67 540.75 Td (universally ) Tj ET Q q 0 0 0 rg BT 392.50 540.75 Td (accessible ) Tj ET Q q 0 0 0 rg BT 441.77 540.75 Td (and ) Tj ET Q q 0 0 0 rg BT 461.05 540.75 Td (useful ) Tj ET Q q 0 0 0 rg BT 490.32 540.75 Td (is ) Tj ET Q q 0 0 0 rg BT 500.13 540.75 Td (as ) Tj ET Q q 0 0 0 rg BT 513.27 540.75 Td (relevant ) Tj ET Q q 0 0 0 rg BT 551.44 540.75 Td (as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 528.75 Td (it ) Tj ET Q q 0 0 0 rg BT 57.81 528.75 Td (was ) Tj ET Q q 0 0 0 rg BT 78.40 528.75 Td (when ) Tj ET Q q 0 0 0 rg BT 105.11 528.75 Td (we ) Tj ET Q q 0 0 0 rg BT 120.71 528.75 Td (were ) Tj ET Q q 0 0 0 rg BT 145.19 528.75 Td (founded ) Tj ET Q q 0 0 0 rg BT 184.14 528.75 Td (in ) Tj ET Q q 0 0 0 rg BT 194.73 528.75 Td (1998. ) Tj ET Q q 0 0 0 rg BT 222.57 528.75 Td (Since ) Tj ET Q q 0 0 0 rg BT 250.39 528.75 Td (then, ) Tj ET Q q 0 0 0 rg BT 275.44 528.75 Td (we’ve ) Tj ET Q q 0 0 0 rg BT 303.81 528.75 Td (evolved ) Tj ET Q q 0 0 0 rg BT 341.09 528.75 Td (from ) Tj ET Q q 0 0 0 rg BT 363.90 528.75 Td (a ) Tj ET Q q 0 0 0 rg BT 372.27 528.75 Td (company ) Tj ET Q q 0 0 0 rg BT 415.65 528.75 Td (that ) Tj ET Q q 0 0 0 rg BT 435.14 528.75 Td (helps ) Tj ET Q q 0 0 0 rg BT 461.85 528.75 Td (people ) Tj ET Q q 0 0 0 rg BT 494.69 528.75 Td (find ) Tj ET Q q 0 0 0 rg BT 513.62 528.75 Td (answers ) Tj ET Q q 0 0 0 rg BT 553.67 528.75 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 516.75 Td (a ) Tj ET Q q 0 0 0 rg BT 58.16 516.75 Td (company ) Tj ET Q q 0 0 0 rg BT 101.33 516.75 Td (that ) Tj ET Q q 0 0 0 rg BT 120.60 516.75 Td (helps ) Tj ET Q q 0 0 0 rg BT 147.10 516.75 Td (you ) Tj ET Q q 0 0 0 rg BT 165.82 516.75 Td (get ) Tj ET Q q 0 0 0 rg BT 182.31 516.75 Td (things ) Tj ET Q q 0 0 0 rg BT 211.59 516.75 Td (done. ) Tj ET Q q 0 0 0 rg BT 239.21 516.75 Td (W) Tj ET Q q 0 0 0 rg BT 248.46 516.75 Td (e’re ) Tj ET Q q 0 0 0 rg BT 267.73 516.75 Td (focused ) Tj ET Q q 0 0 0 rg BT 305.35 516.75 Td (on ) Tj ET Q q 0 0 0 rg BT 319.07 516.75 Td (building ) Tj ET Q q 0 0 0 rg BT 356.13 516.75 Td (an ) Tj ET Q q 0 0 0 rg BT 369.85 516.75 Td (even ) Tj ET Q q 0 0 0 rg BT 394.13 516.75 Td (more ) Tj ET Q q 0 0 0 rg BT 419.51 516.75 Td (helpful ) Tj ET Q q 0 0 0 rg BT 451.57 516.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 486.41 516.75 Td (for ) Tj ET Q q 0 0 0 rg BT 500.67 516.75 Td (everyone. ) Tj ET Q q 0 0 0 rg BT 547.18 516.75 Td (W) Tj ET Q q 0 0 0 rg BT 556.44 516.75 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 504.75 Td (aspire ) Tj ET Q q 0 0 0 rg BT 80.01 504.75 Td (to ) Tj ET Q q 0 0 0 rg BT 91.13 504.75 Td (give ) Tj ET Q q 0 0 0 rg BT 112.26 504.75 Td (everyone ) Tj ET Q q 0 0 0 rg BT 156.17 504.75 Td (the ) Tj ET Q q 0 0 0 rg BT 172.85 504.75 Td (tools ) Tj ET Q q 0 0 0 rg BT 196.75 504.75 Td (they ) Tj ET Q q 0 0 0 rg BT 218.43 504.75 Td (need ) Tj ET Q q 0 0 0 rg BT 243.46 504.75 Td (to ) Tj ET Q q 0 0 0 rg BT 254.58 504.75 Td (increase ) Tj ET Q q 0 0 0 rg BT 295.15 504.75 Td (their ) Tj ET Q q 0 0 0 rg BT 317.38 504.75 Td (knowledge, ) Tj ET Q q 0 0 0 rg BT 370.75 504.75 Td (health, ) Tj ET Q q 0 0 0 rg BT 403.55 504.75 Td (happiness, ) Tj ET Q q 0 0 0 rg BT 454.70 504.75 Td (and ) Tj ET Q q 0 0 0 rg BT 474.17 504.75 Td (success.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 486.75 Td (Across ) Tj ET Q q 0 0 0 rg BT 104.71 486.75 Td (Google, ) Tj ET Q q 0 0 0 rg BT 141.38 486.75 Td (we're ) Tj ET Q q 0 0 0 rg BT 166.62 486.75 Td (focused ) Tj ET Q q 0 0 0 rg BT 203.29 486.75 Td (on ) Tj ET Q q 0 0 0 rg BT 216.06 486.75 Td (continually ) Tj ET Q q 0 0 0 rg BT 264.96 486.75 Td (innovating ) Tj ET Q q 0 0 0 rg BT 312.20 486.75 Td (in ) Tj ET Q q 0 0 0 rg BT 321.63 486.75 Td (areas ) Tj ET Q q 0 0 0 rg BT 348.29 486.75 Td (where ) Tj ET Q q 0 0 0 rg BT 377.18 486.75 Td (technology ) Tj ET Q q 0 0 0 rg BT 427.20 486.75 Td (can ) Tj ET Q q 0 0 0 rg BT 444.97 486.75 Td (have ) Tj ET Q q 0 0 0 rg BT 468.30 486.75 Td (an ) Tj ET Q q 0 0 0 rg BT 481.07 486.75 Td (impact ) Tj ET Q q 0 0 0 rg BT 512.17 486.75 Td (on ) Tj ET Q q 0 0 0 rg BT 524.94 486.75 Td (people? Tj ET Q q 0 0 0 rg BT 557.01 486.75 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 474.75 Td (lives. ) Tj ET Q q 0 0 0 rg BT 75.55 474.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 94.98 474.75 Td (work ) Tj ET Q q 0 0 0 rg BT 118.86 474.75 Td (in ) Tj ET Q q 0 0 0 rg BT 128.86 474.75 Td (AI ) Tj ET Q q 0 0 0 rg BT 141.07 474.75 Td (is ) Tj ET Q q 0 0 0 rg BT 151.06 474.75 Td (helping ) Tj ET Q q 0 0 0 rg BT 186.07 474.75 Td (to ) Tj ET Q q 0 0 0 rg BT 197.18 474.75 Td (produce ) Tj ET Q q 0 0 0 rg BT 236.08 474.75 Td (earlier ) Tj ET Q q 0 0 0 rg BT 266.63 474.75 Td (and ) Tj ET Q q 0 0 0 rg BT 286.08 474.75 Td (more ) Tj ET Q q 0 0 0 rg BT 311.63 474.75 Td (precise ) Tj ET Q q 0 0 0 rg BT 346.63 474.75 Td (flood ) Tj ET Q q 0 0 0 rg BT 371.08 474.75 Td (warnings. ) Tj ET Q q 0 0 0 rg BT 416.64 474.75 Td (W) Tj ET Q q 0 0 0 rg BT 425.90 474.75 Td (e’re ) Tj ET Q q 0 0 0 rg BT 445.34 474.75 Td (also ) Tj ET Q q 0 0 0 rg BT 466.45 474.75 Td (working ) Tj ET Q q 0 0 0 rg BT 503.67 474.75 Td (hard ) Tj ET Q q 0 0 0 rg BT 526.45 474.75 Td (to ) Tj ET Q q 0 0 0 rg BT 537.56 474.75 Td (make ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 462.75 Td (sure ) Tj ET Q q 0 0 0 rg BT 72.65 462.75 Td (that ) Tj ET Q q 0 0 0 rg BT 92.54 462.75 Td (our ) Tj ET Q q 0 0 0 rg BT 110.19 462.75 Td (products ) Tj ET Q q 0 0 0 rg BT 151.75 462.75 Td (are ) Tj ET Q q 0 0 0 rg BT 169.40 462.75 Td (accessible ) Tj ET Q q 0 0 0 rg BT 219.29 462.75 Td (to ) Tj ET Q q 0 0 0 rg BT 230.83 462.75 Td (the ) Tj ET Q q 0 0 0 rg BT 247.94 462.75 Td (more ) Tj ET Q q 0 0 0 rg BT 273.92 462.75 Td (than ) Tj ET Q q 0 0 0 rg BT 296.59 462.75 Td (one ) Tj ET Q q 0 0 0 rg BT 316.47 462.75 Td (billion ) Tj ET Q q 0 0 0 rg BT 345.25 462.75 Td (individuals ) Tj ET Q q 0 0 0 rg BT 395.14 462.75 Td (around ) Tj ET Q q 0 0 0 rg BT 429.48 462.75 Td (the ) Tj ET Q q 0 0 0 rg BT 446.58 462.75 Td (world ) Tj ET Q q 0 0 0 rg BT 473.68 462.75 Td (with ) Tj ET Q q 0 0 0 rg BT 494.67 462.75 Td (a ) Tj ET Q q 0 0 0 rg BT 503.43 462.75 Td (disability) Tj ET Q q 0 0 0 rg BT 541.04 462.75 Td (. ) Tj ET Q q 0 0 0 rg BT 547.02 462.75 Td (For ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 450.75 Td (example, ) Tj ET Q q 0 0 0 rg BT 92.86 450.75 Td (Android ) Tj ET Q q 0 0 0 rg BT 130.18 450.75 Td (10 ) Tj ET Q q 0 0 0 rg BT 144.15 450.75 Td (has ) Tj ET Q q 0 0 0 rg BT 163.12 450.75 Td (automatic ) Tj ET Q q 0 0 0 rg BT 209.32 450.75 Td (Live ) Tj ET Q q 0 0 0 rg BT 230.52 450.75 Td (Captions ) Tj ET Q q 0 0 0 rg BT 272.83 450.75 Td (for ) Tj ET Q q 0 0 0 rg BT 287.35 450.75 Td (videos, ) Tj ET Q q 0 0 0 rg BT 321.88 450.75 Td (podcasts ) Tj ET Q q 0 0 0 rg BT 364.76 450.75 Td (and ) Tj ET Q q 0 0 0 rg BT 384.29 450.75 Td (voicemails ) Tj ET Q q 0 0 0 rg BT 433.82 450.75 Td (to ) Tj ET Q q 0 0 0 rg BT 445.01 450.75 Td (make ) Tj ET Q q 0 0 0 rg BT 472.31 450.75 Td (it ) Tj ET Q q 0 0 0 rg BT 480.16 450.75 Td (easier ) Tj ET Q q 0 0 0 rg BT 510.24 450.75 Td (to ) Tj ET Q q 0 0 0 rg BT 521.43 450.75 Td (consume ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 438.75 Td (information ) Tj ET Q q 0 0 0 rg BT 102.25 438.75 Td (on ) Tj ET Q q 0 0 0 rg BT 116.15 438.75 Td (the ) Tj ET Q q 0 0 0 rg BT 132.83 438.75 Td (phone.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 420.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 91.98 420.75 Td (Other ) Tj ET Q q 0 0 0 rg BT 119.80 420.75 Td (Bets ) Tj ET Q q 0 0 0 rg BT 142.61 420.75 Td (are ) Tj ET Q q 0 0 0 rg BT 159.88 420.75 Td (also ) Tj ET Q q 0 0 0 rg BT 181.03 420.75 Td (pursuing ) Tj ET Q q 0 0 0 rg BT 222.20 420.75 Td (initiatives ) Tj ET Q q 0 0 0 rg BT 266.13 420.75 Td (with ) Tj ET Q q 0 0 0 rg BT 286.72 420.75 Td (similar ) Tj ET Q q 0 0 0 rg BT 318.42 420.75 Td (goals. ) Tj ET Q q 0 0 0 rg BT 347.91 420.75 Td (For ) Tj ET Q q 0 0 0 rg BT 365.72 420.75 Td (instance, ) Tj ET Q q 0 0 0 rg BT 408.55 420.75 Td (as ) Tj ET Q q 0 0 0 rg BT 421.92 420.75 Td (a ) Tj ET Q q 0 0 0 rg BT 430.29 420.75 Td (part ) Tj ET Q q 0 0 0 rg BT 450.33 420.75 Td (of ) Tj ET Q q 0 0 0 rg BT 461.48 420.75 Td (our ) Tj ET Q q 0 0 0 rg BT 478.74 420.75 Td (ef) Tj ET Q q 0 0 0 rg BT 486.90 420.75 Td (forts ) Tj ET Q q 0 0 0 rg BT 509.15 420.75 Td (in ) Tj ET Q q 0 0 0 rg BT 519.75 420.75 Td (the ) Tj ET Q q 0 0 0 rg BT 536.46 420.75 Td (Metro ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 408.75 Td (Phoenix ) Tj ET Q q 0 0 0 rg BT 88.88 408.75 Td (area, ) Tj ET Q q 0 0 0 rg BT 114.41 408.75 Td (W) Tj ET Q q 0 0 0 rg BT 123.48 408.75 Td (aymo ) Tj ET Q q 0 0 0 rg BT 150.67 408.75 Td (is ) Tj ET Q q 0 0 0 rg BT 160.63 408.75 Td (working ) Tj ET Q q 0 0 0 rg BT 197.83 408.75 Td (toward ) Tj ET Q q 0 0 0 rg BT 230.59 408.75 Td (our ) Tj ET Q q 0 0 0 rg BT 247.78 408.75 Td (goal ) Tj ET Q q 0 0 0 rg BT 269.43 408.75 Td (of ) Tj ET Q q 0 0 0 rg BT 280.51 408.75 Td (making ) Tj ET Q q 0 0 0 rg BT 315.48 408.75 Td (transportation ) Tj ET Q q 0 0 0 rg BT 379.37 408.75 Td (safer ) Tj ET Q q 0 0 0 rg BT 404.34 408.75 Td (and ) Tj ET Q q 0 0 0 rg BT 423.77 408.75 Td (easier ) Tj ET Q q 0 0 0 rg BT 453.74 408.75 Td (for ) Tj ET Q q 0 0 0 rg BT 468.15 408.75 Td (everyone ) Tj ET Q q 0 0 0 rg BT 512.03 408.75 Td (while ) Tj ET Q q 0 0 0 rg BT 537.56 408.75 Td (V) Tj ET Q q 0 0 0 rg BT 543.68 408.75 Td (erily ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 396.75 Td (is ) Tj ET Q q 0 0 0 rg BT 60.00 396.75 Td (developing ) Tj ET Q q 0 0 0 rg BT 111.15 396.75 Td (tools ) Tj ET Q q 0 0 0 rg BT 135.05 396.75 Td (and ) Tj ET Q q 0 0 0 rg BT 154.52 396.75 Td (platforms ) Tj ET Q q 0 0 0 rg BT 198.42 396.75 Td (to ) Tj ET Q q 0 0 0 rg BT 209.54 396.75 Td (improve ) Tj ET Q q 0 0 0 rg BT 247.88 396.75 Td (health ) Tj ET Q q 0 0 0 rg BT 277.91 396.75 Td (outcomes.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 72.50 378.75 Td (Moonshots) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 360.75 Td (Many ) Tj ET Q q 0 0 0 rg BT 99.86 360.75 Td (companies ) Tj ET Q q 0 0 0 rg BT 151.63 360.75 Td (get ) Tj ET Q q 0 0 0 rg BT 168.95 360.75 Td (comfortable ) Tj ET Q q 0 0 0 rg BT 224.60 360.75 Td (doing ) Tj ET Q q 0 0 0 rg BT 252.48 360.75 Td (what ) Tj ET Q q 0 0 0 rg BT 277.01 360.75 Td (they ) Tj ET Q q 0 0 0 rg BT 299.33 360.75 Td (have ) Tj ET Q q 0 0 0 rg BT 324.42 360.75 Td (always ) Tj ET Q q 0 0 0 rg BT 358.40 360.75 Td (done, ) Tj ET Q q 0 0 0 rg BT 386.83 360.75 Td (making ) Tj ET Q q 0 0 0 rg BT 422.48 360.75 Td (only ) Tj ET Q q 0 0 0 rg BT 444.24 360.75 Td (incremental ) Tj ET Q q 0 0 0 rg BT 499.34 360.75 Td (changes. ) Tj ET Q q 0 0 0 rg BT 543.11 360.75 Td (This ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 348.75 Td (incrementalism ) Tj ET Q q 0 0 0 rg BT 120.12 348.75 Td (leads ) Tj ET Q q 0 0 0 rg BT 146.91 348.75 Td (to ) Tj ET Q q 0 0 0 rg BT 158.13 348.75 Td (irrelevance ) Tj ET Q q 0 0 0 rg BT 209.92 348.75 Td (over ) Tj ET Q q 0 0 0 rg BT 232.26 348.75 Td (time, ) Tj ET Q q 0 0 0 rg BT 256.81 348.75 Td (especially ) Tj ET Q q 0 0 0 rg BT 303.60 348.75 Td (in ) Tj ET Q q 0 0 0 rg BT 314.27 348.75 Td (technology) Tj ET Q q 0 0 0 rg BT 361.89 348.75 Td (, ) Tj ET Q q 0 0 0 rg BT 367.55 348.75 Td (where ) Tj ET Q q 0 0 0 rg BT 397.67 348.75 Td (change ) Tj ET Q q 0 0 0 rg BT 433.36 348.75 Td (tends ) Tj ET Q q 0 0 0 rg BT 460.70 348.75 Td (to ) Tj ET Q q 0 0 0 rg BT 471.93 348.75 Td (be ) Tj ET Q q 0 0 0 rg BT 485.93 348.75 Td (revolutionary) Tj ET Q q 0 0 0 rg BT 542.44 348.75 Td (, ) Tj ET Q q 0 0 0 rg BT 548.10 348.75 Td (not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 336.75 Td (evolutionary) Tj ET Q q 0 0 0 rg BT 103.18 336.75 Td (. ) Tj ET Q q 0 0 0 rg BT 108.21 336.75 Td (People ) Tj ET Q q 0 0 0 rg BT 141.59 336.75 Td (thought ) Tj ET Q q 0 0 0 rg BT 177.21 336.75 Td (we ) Tj ET Q q 0 0 0 rg BT 192.24 336.75 Td (were ) Tj ET Q q 0 0 0 rg BT 216.16 336.75 Td (crazy ) Tj ET Q q 0 0 0 rg BT 242.30 336.75 Td (when ) Tj ET Q q 0 0 0 rg BT 268.46 336.75 Td (we ) Tj ET Q q 0 0 0 rg BT 283.49 336.75 Td (acquired ) Tj ET Q q 0 0 0 rg BT 323.95 336.75 Td (Y) Tj ET Q q 0 0 0 rg BT 329.70 336.75 Td (ouT) Tj ET Q q 0 0 0 rg BT 346.56 336.75 Td (ube ) Tj ET Q q 0 0 0 rg BT 365.50 336.75 Td (and ) Tj ET Q q 0 0 0 rg BT 383.99 336.75 Td (Android ) Tj ET Q q 0 0 0 rg BT 420.70 336.75 Td (and ) Tj ET Q q 0 0 0 rg BT 439.64 336.75 Td (when ) Tj ET Q q 0 0 0 rg BT 465.79 336.75 Td (we ) Tj ET Q q 0 0 0 rg BT 480.82 336.75 Td (launched ) Tj ET Q q 0 0 0 rg BT 523.66 336.75 Td (Chrome, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 324.75 Td (but ) Tj ET Q q 0 0 0 rg BT 66.45 324.75 Td (those ) Tj ET Q q 0 0 0 rg BT 93.45 324.75 Td (ef) Tj ET Q q 0 0 0 rg BT 101.61 324.75 Td (forts ) Tj ET Q q 0 0 0 rg BT 123.61 324.75 Td (have ) Tj ET Q q 0 0 0 rg BT 147.84 324.75 Td (matured ) Tj ET Q q 0 0 0 rg BT 187.07 324.75 Td (into ) Tj ET Q q 0 0 0 rg BT 205.73 324.75 Td (major ) Tj ET Q q 0 0 0 rg BT 233.28 324.75 Td (platforms ) Tj ET Q q 0 0 0 rg BT 276.95 324.75 Td (for ) Tj ET Q q 0 0 0 rg BT 291.17 324.75 Td (digital ) Tj ET Q q 0 0 0 rg BT 319.84 324.75 Td (video ) Tj ET Q q 0 0 0 rg BT 346.29 324.75 Td (and ) Tj ET Q q 0 0 0 rg BT 365.52 324.75 Td (mobile ) Tj ET Q q 0 0 0 rg BT 397.52 324.75 Td (devices ) Tj ET Q q 0 0 0 rg BT 433.97 324.75 Td (and ) Tj ET Q q 0 0 0 rg BT 453.20 324.75 Td (a ) Tj ET Q q 0 0 0 rg BT 461.31 324.75 Td (safer) Tj ET Q q 0 0 0 rg BT 482.99 324.75 Td (, ) Tj ET Q q 0 0 0 rg BT 488.31 324.75 Td (popular ) Tj ET Q q 0 0 0 rg BT 524.22 324.75 Td (browser) Tj ET Q q 0 0 0 rg BT 559.23 324.75 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 312.75 Td (W) Tj ET Q q 0 0 0 rg BT 59.26 312.75 Td (e ) Tj ET Q q 0 0 0 rg BT 68.16 312.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 109.30 312.75 Td (to ) Tj ET Q q 0 0 0 rg BT 120.98 312.75 Td (look ) Tj ET Q q 0 0 0 rg BT 142.67 312.75 Td (toward ) Tj ET Q q 0 0 0 rg BT 176.02 312.75 Td (the ) Tj ET Q q 0 0 0 rg BT 193.26 312.75 Td (future ) Tj ET Q q 0 0 0 rg BT 222.17 312.75 Td (and ) Tj ET Q q 0 0 0 rg BT 242.19 312.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 283.34 312.75 Td (to ) Tj ET Q q 0 0 0 rg BT 295.01 312.75 Td (invest ) Tj ET Q q 0 0 0 rg BT 324.48 312.75 Td (for ) Tj ET Q q 0 0 0 rg BT 339.48 312.75 Td (the ) Tj ET Q q 0 0 0 rg BT 356.72 312.75 Td (long-term. ) Tj ET Q q 0 0 0 rg BT 404.41 312.75 Td (As ) Tj ET Q q 0 0 0 rg BT 419.42 312.75 Td (we ) Tj ET Q q 0 0 0 rg BT 435.54 312.75 Td (said ) Tj ET Q q 0 0 0 rg BT 457.23 312.75 Td (in ) Tj ET Q q 0 0 0 rg BT 468.35 312.75 Td (the ) Tj ET Q q 0 0 0 rg BT 485.59 312.75 Td (original ) Tj ET Q q 0 0 0 rg BT 521.17 312.75 Td (founders' ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 300.75 Td (letter) Tj ET Q q 0 0 0 rg BT 71.68 300.75 Td (, ) Tj ET Q q 0 0 0 rg BT 77.83 300.75 Td (we ) Tj ET Q q 0 0 0 rg BT 93.98 300.75 Td (will ) Tj ET Q q 0 0 0 rg BT 111.23 300.75 Td (not ) Tj ET Q q 0 0 0 rg BT 128.50 300.75 Td (shy ) Tj ET Q q 0 0 0 rg BT 147.43 300.75 Td (away ) Tj ET Q q 0 0 0 rg BT 174.14 300.75 Td (from ) Tj ET Q q 0 0 0 rg BT 197.51 300.75 Td (high-risk, ) Tj ET Q q 0 0 0 rg BT 241.44 300.75 Td (high-reward ) Tj ET Q q 0 0 0 rg BT 297.61 300.75 Td (projects ) Tj ET Q q 0 0 0 rg BT 335.99 300.75 Td (that ) Tj ET Q q 0 0 0 rg BT 356.04 300.75 Td (we ) Tj ET Q q 0 0 0 rg BT 372.19 300.75 Td (believe ) Tj ET Q q 0 0 0 rg BT 407.25 300.75 Td (in ) Tj ET Q q 0 0 0 rg BT 418.40 300.75 Td (because ) Tj ET Q q 0 0 0 rg BT 459.57 300.75 Td (they ) Tj ET Q q 0 0 0 rg BT 481.84 300.75 Td (are ) Tj ET Q q 0 0 0 rg BT 499.66 300.75 Td (the ) Tj ET Q q 0 0 0 rg BT 516.93 300.75 Td (key ) Tj ET Q q 0 0 0 rg BT 535.86 300.75 Td (to ) Tj ET Q q 0 0 0 rg BT 547.56 300.75 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 288.75 Td (long-term ) Tj ET Q q 0 0 0 rg BT 95.01 288.75 Td (success.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 72.50 270.75 Td (The ) Tj ET Q q 0 0 0 rg BT 93.06 270.75 Td (power ) Tj ET Q q 0 0 0 rg BT 125.28 270.75 Td (of ) Tj ET Q q 0 0 0 rg BT 137.50 270.75 Td (machine ) Tj ET Q q 0 0 0 rg BT 180.85 270.75 Td (learning) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 252.75 Td (Across ) Tj ET Q q 0 0 0 rg BT 106.70 252.75 Td (the ) Tj ET Q q 0 0 0 rg BT 124.25 252.75 Td (company) Tj ET Q q 0 0 0 rg BT 164.08 252.75 Td (, ) Tj ET Q q 0 0 0 rg BT 170.50 252.75 Td (machine ) Tj ET Q q 0 0 0 rg BT 211.94 252.75 Td (learning ) Tj ET Q q 0 0 0 rg BT 251.17 252.75 Td (and ) Tj ET Q q 0 0 0 rg BT 270.77 252.75 Td (AI ) Tj ET Q q 0 0 0 rg BT 283.86 252.75 Td (are ) Tj ET Q q 0 0 0 rg BT 301.96 252.75 Td (increasingly ) Tj ET Q q 0 0 0 rg BT 358.40 252.75 Td (driving ) Tj ET Q q 0 0 0 rg BT 391.50 252.75 Td (many ) Tj ET Q q 0 0 0 rg BT 419.60 252.75 Td (of ) Tj ET Q q 0 0 0 rg BT 431.58 252.75 Td (our ) Tj ET Q q 0 0 0 rg BT 449.68 252.75 Td (latest ) Tj ET Q q 0 0 0 rg BT 477.22 252.75 Td (innovations. ) Tj ET Q q 0 0 0 rg BT 534.23 252.75 Td (Within ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 240.75 Td (Google, ) Tj ET Q q 0 0 0 rg BT 87.96 240.75 Td (our ) Tj ET Q q 0 0 0 rg BT 105.35 240.75 Td (investments ) Tj ET Q q 0 0 0 rg BT 161.64 240.75 Td (in ) Tj ET Q q 0 0 0 rg BT 172.35 240.75 Td (machine ) Tj ET Q q 0 0 0 rg BT 213.09 240.75 Td (learning ) Tj ET Q q 0 0 0 rg BT 251.60 240.75 Td (over ) Tj ET Q q 0 0 0 rg BT 273.99 240.75 Td (a ) Tj ET Q q 0 0 0 rg BT 282.49 240.75 Td (decade ) Tj ET Q q 0 0 0 rg BT 318.23 240.75 Td (have ) Tj ET Q q 0 0 0 rg BT 342.85 240.75 Td (enabled ) Tj ET Q q 0 0 0 rg BT 381.37 240.75 Td (us ) Tj ET Q q 0 0 0 rg BT 394.87 240.75 Td (to ) Tj ET Q q 0 0 0 rg BT 406.14 240.75 Td (build ) Tj ET Q q 0 0 0 rg BT 430.21 240.75 Td (products ) Tj ET Q q 0 0 0 rg BT 471.49 240.75 Td (that ) Tj ET Q q 0 0 0 rg BT 491.11 240.75 Td (are ) Tj ET Q q 0 0 0 rg BT 508.50 240.75 Td (smarter ) Tj ET Q q 0 0 0 rg BT 545.32 240.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 228.75 Td (more ) Tj ET Q q 0 0 0 rg BT 74.57 228.75 Td (helpful. ) Tj ET Q q 0 0 0 rg BT 108.61 228.75 Td (For ) Tj ET Q q 0 0 0 rg BT 125.40 228.75 Td (example, ) Tj ET Q q 0 0 0 rg BT 167.77 228.75 Td (our ) Tj ET Q q 0 0 0 rg BT 184.01 228.75 Td (investments ) Tj ET Q q 0 0 0 rg BT 239.16 228.75 Td (in ) Tj ET Q q 0 0 0 rg BT 248.37 228.75 Td (AI ) Tj ET Q q 0 0 0 rg BT 259.61 228.75 Td (are ) Tj ET Q q 0 0 0 rg BT 275.86 228.75 Td (enabling ) Tj ET Q q 0 0 0 rg BT 315.46 228.75 Td (doctors ) Tj ET Q q 0 0 0 rg BT 350.04 228.75 Td (to ) Tj ET Q q 0 0 0 rg BT 360.17 228.75 Td (detect ) Tj ET Q q 0 0 0 rg BT 389.21 228.75 Td (cancer ) Tj ET Q q 0 0 0 rg BT 421.01 228.75 Td (earlier) Tj ET Q q 0 0 0 rg BT 448.25 228.75 Td (. ) Tj ET Q q 0 0 0 rg BT 452.82 228.75 Td (Machine ) Tj ET Q q 0 0 0 rg BT 492.40 228.75 Td (learning ) Tj ET Q q 0 0 0 rg BT 529.78 228.75 Td (powers ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 216.75 Td (the ) Tj ET Q q 0 0 0 rg BT 66.68 216.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 101.15 216.75 Td (Assistant ) Tj ET Q q 0 0 0 rg BT 144.50 216.75 Td (and ) Tj ET Q q 0 0 0 rg BT 163.96 216.75 Td (many ) Tj ET Q q 0 0 0 rg BT 191.20 216.75 Td (of ) Tj ET Q q 0 0 0 rg BT 202.31 216.75 Td (our ) Tj ET Q q 0 0 0 rg BT 219.55 216.75 Td (newer ) Tj ET Q q 0 0 0 rg BT 249.56 216.75 Td (technologies.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 308.49 216.75 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 198.75 Td (Google) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 72.50 180.75 Td (Serving ) Tj ET Q q 0 0 0 rg BT 111.96 180.75 Td (our ) Tj ET Q q 0 0 0 rg BT 130.84 180.75 Td (users) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 162.75 Td (W) Tj ET Q q 0 0 0 rg BT 81.76 162.75 Td (e ) Tj ET Q q 0 0 0 rg BT 90.13 162.75 Td (have ) Tj ET Q q 0 0 0 rg BT 114.62 162.75 Td (always ) Tj ET Q q 0 0 0 rg BT 147.99 162.75 Td (been ) Tj ET Q q 0 0 0 rg BT 173.05 162.75 Td (a ) Tj ET Q q 0 0 0 rg BT 181.42 162.75 Td (company ) Tj ET Q q 0 0 0 rg BT 224.80 162.75 Td (committed ) Tj ET Q q 0 0 0 rg BT 273.73 162.75 Td (to ) Tj ET Q q 0 0 0 rg BT 284.88 162.75 Td (building ) Tj ET Q q 0 0 0 rg BT 322.16 162.75 Td (products ) Tj ET Q q 0 0 0 rg BT 363.33 162.75 Td (that ) Tj ET Q q 0 0 0 rg BT 382.81 162.75 Td (have ) Tj ET Q q 0 0 0 rg BT 407.31 162.75 Td (the ) Tj ET Q q 0 0 0 rg BT 424.02 162.75 Td (potential ) Tj ET Q q 0 0 0 rg BT 464.63 162.75 Td (to ) Tj ET Q q 0 0 0 rg BT 475.78 162.75 Td (improve ) Tj ET Q q 0 0 0 rg BT 514.15 162.75 Td (the ) Tj ET Q q 0 0 0 rg BT 530.86 162.75 Td (lives ) Tj ET Q q 0 0 0 rg BT 553.68 162.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 150.75 Td (millions ) Tj ET Q q 0 0 0 rg BT 87.20 150.75 Td (of ) Tj ET Q q 0 0 0 rg BT 99.40 150.75 Td (people. ) Tj ET Q q 0 0 0 rg BT 136.07 150.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 156.61 150.75 Td (product ) Tj ET Q q 0 0 0 rg BT 193.82 150.75 Td (innovations ) Tj ET Q q 0 0 0 rg BT 248.28 150.75 Td (have ) Tj ET Q q 0 0 0 rg BT 273.82 150.75 Td (made ) Tj ET Q q 0 0 0 rg BT 302.70 150.75 Td (our ) Tj ET Q q 0 0 0 rg BT 321.02 150.75 Td (services ) Tj ET Q q 0 0 0 rg BT 361.55 150.75 Td (widely ) Tj ET Q q 0 0 0 rg BT 393.20 150.75 Td (used, ) Tj ET Q q 0 0 0 rg BT 421.53 150.75 Td (and ) Tj ET Q q 0 0 0 rg BT 442.08 150.75 Td (our ) Tj ET Q q 0 0 0 rg BT 460.39 150.75 Td (brand ) Tj ET Q q 0 0 0 rg BT 489.83 150.75 Td (one ) Tj ET Q q 0 0 0 rg BT 510.38 150.75 Td (of ) Tj ET Q q 0 0 0 rg BT 522.58 150.75 Td (the ) Tj ET Q q 0 0 0 rg BT 540.34 150.75 Td (most ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 138.75 Td (recognized ) Tj ET Q q 0 0 0 rg BT 100.84 138.75 Td (in ) Tj ET Q q 0 0 0 rg BT 110.55 138.75 Td (the ) Tj ET Q q 0 0 0 rg BT 126.38 138.75 Td (world. ) Tj ET Q q 0 0 0 rg BT 154.98 138.75 Td (Google's ) Tj ET Q q 0 0 0 rg BT 196.05 138.75 Td (core ) Tj ET Q q 0 0 0 rg BT 217.43 138.75 Td (products ) Tj ET Q q 0 0 0 rg BT 257.71 138.75 Td (and ) Tj ET Q q 0 0 0 rg BT 276.32 138.75 Td (platforms, ) Tj ET Q q 0 0 0 rg BT 322.14 138.75 Td (such ) Tj ET Q q 0 0 0 rg BT 345.19 138.75 Td (as ) Tj ET Q q 0 0 0 rg BT 357.29 138.75 Td (Android, ) Tj ET Q q 0 0 0 rg BT 396.46 138.75 Td (Chrome, ) Tj ET Q q 0 0 0 rg BT 436.73 138.75 Td (Gmail, ) Tj ET Q q 0 0 0 rg BT 467.55 138.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 501.72 138.75 Td (Drive, ) Tj ET Q q 0 0 0 rg BT 529.75 138.75 Td (Google ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 126.75 Td (Maps, ) Tj ET Q q 0 0 0 rg BT 79.04 126.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 113.09 126.75 Td (Play) Tj ET Q q 0 0 0 rg BT 131.81 126.75 Td (, ) Tj ET Q q 0 0 0 rg BT 136.39 126.75 Td (Search, ) Tj ET Q q 0 0 0 rg BT 172.66 126.75 Td (and ) Tj ET Q q 0 0 0 rg BT 191.04 126.75 Td (Y) Tj ET Q q 0 0 0 rg BT 196.79 126.75 Td (ouT) Tj ET Q q 0 0 0 rg BT 213.65 126.75 Td (ube ) Tj ET Q q 0 0 0 rg BT 232.15 126.75 Td (each ) Tj ET Q q 0 0 0 rg BT 255.64 126.75 Td (have ) Tj ET Q q 0 0 0 rg BT 279.13 126.75 Td (over ) Tj ET Q q 0 0 0 rg BT 300.39 126.75 Td (one ) Tj ET Q q 0 0 0 rg BT 318.89 126.75 Td (billion ) Tj ET Q q 0 0 0 rg BT 346.27 126.75 Td (monthly ) Tj ET Q q 0 0 0 rg BT 383.09 126.75 Td (active ) Tj ET Q q 0 0 0 rg BT 411.02 126.75 Td (users. ) Tj ET Q q 0 0 0 rg BT 439.70 126.75 Td (As ) Tj ET Q q 0 0 0 rg BT 453.18 126.75 Td (the ) Tj ET Q q 0 0 0 rg BT 468.89 126.75 Td (majority ) Tj ET Q q 0 0 0 rg BT 505.70 126.75 Td (of ) Tj ET Q q 0 0 0 rg BT 515.49 126.75 Td (Alphabet? Tj ET Q q 0 0 0 rg BT 557.01 126.75 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 114.75 Td (big ) Tj ET Q q 0 0 0 rg BT 65.77 114.75 Td (bets ) Tj ET Q q 0 0 0 rg BT 87.09 114.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 127.33 114.75 Td (to ) Tj ET Q q 0 0 0 rg BT 138.09 114.75 Td (reside ) Tj ET Q q 0 0 0 rg BT 167.75 114.75 Td (within ) Tj ET Q q 0 0 0 rg BT 195.74 114.75 Td (Google, ) Tj ET Q q 0 0 0 rg BT 233.19 114.75 Td (an ) Tj ET Q q 0 0 0 rg BT 246.74 114.75 Td (important ) Tj ET Q q 0 0 0 rg BT 290.85 114.75 Td (benefit ) Tj ET Q q 0 0 0 rg BT 323.30 114.75 Td (of ) Tj ET Q q 0 0 0 rg BT 334.06 114.75 Td (the ) Tj ET Q q 0 0 0 rg BT 350.39 114.75 Td (shift ) Tj ET Q q 0 0 0 rg BT 371.15 114.75 Td (to ) Tj ET Q q 0 0 0 rg BT 381.43 114.75 Td (Alphabet ) Tj ET Q q 0 0 0 rg BT 423.33 114.75 Td (has ) Tj ET Q q 0 0 0 rg BT 441.88 114.75 Td (been ) Tj ET Q q 0 0 0 rg BT 466.55 114.75 Td (the ) Tj ET Q q 0 0 0 rg BT 482.88 114.75 Td (tremendous ) Tj ET Q q 0 0 0 rg BT 538.11 114.75 Td (focus ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 102.75 Td (that ) Tj ET Q q 0 0 0 rg BT 69.46 102.75 Td (we’re ) Tj ET Q q 0 0 0 rg BT 96.13 102.75 Td (able ) Tj ET Q q 0 0 0 rg BT 117.82 102.75 Td (to ) Tj ET Q q 0 0 0 rg BT 128.94 102.75 Td (have ) Tj ET Q q 0 0 0 rg BT 153.40 102.75 Td (on ) Tj ET Q q 0 0 0 rg BT 167.30 102.75 Td (Google? Tj ET Q q 0 0 0 rg BT 201.59 102.75 Td (s ) Tj ET Q q 0 0 0 rg BT 209.37 102.75 Td (many ) Tj ET Q q 0 0 0 rg BT 236.60 102.75 Td (extraordinary ) Tj ET Q q 0 0 0 rg BT 297.73 102.75 Td (opportunities.) 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Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 543.75 Td (Key ) Tj ET Q q 0 0 0 rg BT 93.06 543.75 Td (to ) Tj ET Q q 0 0 0 rg BT 104.73 543.75 Td (building ) Tj ET Q q 0 0 0 rg BT 142.53 543.75 Td (helpful ) Tj ET Q q 0 0 0 rg BT 175.33 543.75 Td (products ) Tj ET Q q 0 0 0 rg BT 217.01 543.75 Td (for ) Tj ET Q q 0 0 0 rg BT 232.01 543.75 Td (users ) Tj ET Q q 0 0 0 rg BT 259.79 543.75 Td (is ) Tj ET Q q 0 0 0 rg BT 270.34 543.75 Td (our ) Tj ET Q q 0 0 0 rg BT 288.13 543.75 Td (commitment ) Tj ET Q q 0 0 0 rg BT 345.91 543.75 Td (to ) Tj ET Q q 0 0 0 rg BT 357.58 543.75 Td (keeping ) Tj ET Q q 0 0 0 rg BT 395.94 543.75 Td (their ) Tj ET Q q 0 0 0 rg BT 418.72 543.75 Td (data ) Tj ET Q q 0 0 0 rg BT 441.51 543.75 Td (safe ) Tj ET Q q 0 0 0 rg BT 463.74 543.75 Td (online. ) Tj ET Q q 0 0 0 rg BT 495.88 543.75 Td (As ) Tj ET Q q 0 0 0 rg BT 510.88 543.75 Td (the ) Tj ET Q q 0 0 0 rg BT 528.11 543.75 Td (Internet ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 531.75 Td (evolves, ) Tj ET Q q 0 0 0 rg BT 89.37 531.75 Td (we ) Tj ET Q q 0 0 0 rg BT 104.83 531.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 145.33 531.75 Td (to ) Tj ET Q q 0 0 0 rg BT 156.35 531.75 Td (invest ) Tj ET Q q 0 0 0 rg BT 185.16 531.75 Td (in ) Tj ET Q q 0 0 0 rg BT 195.62 531.75 Td (our ) Tj ET Q q 0 0 0 rg BT 212.76 531.75 Td (industry-leading ) Tj ET Q q 0 0 0 rg BT 286.04 531.75 Td (security ) Tj ET Q q 0 0 0 rg BT 323.18 531.75 Td (technologies ) Tj ET Q q 0 0 0 rg BT 382.01 531.75 Td (and ) Tj ET Q q 0 0 0 rg BT 401.38 531.75 Td (privacy ) Tj ET Q q 0 0 0 rg BT 435.74 531.75 Td (tools, ) Tj ET Q q 0 0 0 rg BT 462.32 531.75 Td (such ) Tj ET Q q 0 0 0 rg BT 486.13 531.75 Td (as ) Tj ET Q q 0 0 0 rg BT 499.38 531.75 Td (the ) Tj ET Q q 0 0 0 rg BT 515.96 531.75 Td (addition ) Tj ET Q q 0 0 0 rg BT 553.67 531.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 519.75 Td (auto-delete ) Tj ET Q q 0 0 0 rg BT 101.85 519.75 Td (controls ) Tj ET Q q 0 0 0 rg BT 138.67 519.75 Td (to ) Tj ET Q q 0 0 0 rg BT 148.82 519.75 Td (enable ) Tj ET Q q 0 0 0 rg BT 180.66 519.75 Td (users ) Tj ET Q q 0 0 0 rg BT 206.92 519.75 Td (to ) Tj ET Q q 0 0 0 rg BT 217.07 519.75 Td (automatically ) Tj ET Q q 0 0 0 rg BT 277.24 519.75 Td (delete ) Tj ET Q q 0 0 0 rg BT 306.29 519.75 Td (activity ) Tj ET Q q 0 0 0 rg BT 338.66 519.75 Td (after ) Tj ET Q q 0 0 0 rg BT 360.48 519.75 Td (3 ) Tj ET Q q 0 0 0 rg BT 367.85 519.75 Td (or ) Tj ET Q q 0 0 0 rg BT 378.55 519.75 Td (18 ) Tj ET Q q 0 0 0 rg BT 391.48 519.75 Td (months ) Tj ET Q q 0 0 0 rg BT 426.08 519.75 Td (and ) Tj ET Q q 0 0 0 rg BT 444.58 519.75 Td (incognito ) Tj ET Q q 0 0 0 rg BT 486.41 519.75 Td (mode ) Tj ET Q q 0 0 0 rg BT 513.24 519.75 Td (in ) Tj ET Q q 0 0 0 rg BT 522.71 519.75 Td (Y) Tj ET Q q 0 0 0 rg BT 528.46 519.75 Td (ouT) Tj ET Q q 0 0 0 rg BT 545.32 519.75 Td (ube ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 507.75 Td (and ) Tj ET Q q 0 0 0 rg BT 69.46 507.75 Td (Maps.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 489.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 108.09 489.75 Td (was ) Tj ET Q q 0 0 0 rg BT 129.22 489.75 Td (a ) Tj ET Q q 0 0 0 rg BT 138.13 489.75 Td (company ) Tj ET Q q 0 0 0 rg BT 182.05 489.75 Td (built ) Tj ET Q q 0 0 0 rg BT 203.74 489.75 Td (in ) Tj ET Q q 0 0 0 rg BT 214.87 489.75 Td (the ) Tj ET Q q 0 0 0 rg BT 232.11 489.75 Td (cloud. ) Tj ET Q q 0 0 0 rg BT 262.14 489.75 Td (W) Tj ET Q q 0 0 0 rg BT 271.40 489.75 Td (e ) Tj ET Q q 0 0 0 rg BT 280.31 489.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 321.46 489.75 Td (to ) Tj ET Q q 0 0 0 rg BT 333.15 489.75 Td (invest ) Tj ET Q q 0 0 0 rg BT 362.61 489.75 Td (in ) Tj ET Q q 0 0 0 rg BT 373.74 489.75 Td (infrastructure, ) Tj ET Q q 0 0 0 rg BT 438.22 489.75 Td (security) Tj ET Q q 0 0 0 rg BT 471.93 489.75 Td (, ) Tj ET Q q 0 0 0 rg BT 478.05 489.75 Td (data ) Tj ET Q q 0 0 0 rg BT 500.86 489.75 Td (management, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 477.75 Td (analytics ) Tj ET Q q 0 0 0 rg BT 91.24 477.75 Td (and ) Tj ET Q q 0 0 0 rg BT 109.80 477.75 Td (AI. ) Tj ET Q q 0 0 0 rg BT 124.36 477.75 Td (W) Tj ET Q q 0 0 0 rg BT 133.62 477.75 Td (e ) Tj ET Q q 0 0 0 rg BT 141.51 477.75 Td (see ) Tj ET Q q 0 0 0 rg BT 159.97 477.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 206.77 477.75 Td (opportunity ) Tj ET Q q 0 0 0 rg BT 258.58 477.75 Td (in ) Tj ET Q q 0 0 0 rg BT 268.70 477.75 Td (helping ) Tj ET Q q 0 0 0 rg BT 303.29 477.75 Td (businesses ) Tj ET Q q 0 0 0 rg BT 355.65 477.75 Td (enhance ) Tj ET Q q 0 0 0 rg BT 396.35 477.75 Td (these ) Tj ET Q q 0 0 0 rg BT 423.15 477.75 Td (strengths ) Tj ET Q q 0 0 0 rg BT 466.62 477.75 Td (with ) Tj ET Q q 0 0 0 rg BT 486.74 477.75 Td (features ) Tj ET Q q 0 0 0 rg BT 525.20 477.75 Td (like ) Tj ET Q q 0 0 0 rg BT 542.54 477.75 Td (data ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 465.75 Td (migration, ) Tj ET Q q 0 0 0 rg BT 96.27 465.75 Td (modern ) Tj ET Q q 0 0 0 rg BT 132.55 465.75 Td (development ) Tj ET Q q 0 0 0 rg BT 192.17 465.75 Td (environments ) Tj ET Q q 0 0 0 rg BT 254.57 465.75 Td (and ) Tj ET Q q 0 0 0 rg BT 273.62 465.75 Td (machine ) Tj ET Q q 0 0 0 rg BT 313.79 465.75 Td (learning ) Tj ET Q q 0 0 0 rg BT 351.74 465.75 Td (tools ) Tj ET Q q 0 0 0 rg BT 375.23 465.75 Td (to ) Tj ET Q q 0 0 0 rg BT 385.93 465.75 Td (provide ) Tj ET Q q 0 0 0 rg BT 421.10 465.75 Td (enterprise-ready ) Tj ET Q q 0 0 0 rg BT 496.28 465.75 Td (cloud ) Tj ET Q q 0 0 0 rg BT 522.55 465.75 Td (services, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 453.75 Td (including ) Tj ET Q q 0 0 0 rg BT 92.60 453.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 127.98 453.75 Td (Cloud ) Tj ET Q q 0 0 0 rg BT 157.23 453.75 Td (Platform ) Tj ET Q q 0 0 0 rg BT 197.59 453.75 Td (and ) Tj ET Q q 0 0 0 rg BT 217.40 453.75 Td (G ) Tj ET Q q 0 0 0 rg BT 228.31 453.75 Td (Suite. ) Tj ET Q q 0 0 0 rg BT 257.01 453.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 292.39 453.75 Td (Cloud ) Tj ET Q q 0 0 0 rg BT 321.64 453.75 Td (Platform ) Tj ET Q q 0 0 0 rg BT 362.00 453.75 Td (enables ) Tj ET Q q 0 0 0 rg BT 400.16 453.75 Td (developers ) Tj ET Q q 0 0 0 rg BT 452.21 453.75 Td (to ) Tj ET Q q 0 0 0 rg BT 463.68 453.75 Td (build, ) Tj ET Q q 0 0 0 rg BT 490.71 453.75 Td (test, ) Tj ET Q q 0 0 0 rg BT 512.74 453.75 Td (and ) Tj ET Q q 0 0 0 rg BT 532.55 453.75 Td (deploy ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 441.75 Td (applications ) Tj ET Q q 0 0 0 rg BT 106.13 441.75 Td (on ) Tj ET Q q 0 0 0 rg BT 120.56 441.75 Td (Google? Tj ET Q q 0 0 0 rg BT 154.85 441.75 Td (s ) Tj ET Q q 0 0 0 rg BT 163.16 441.75 Td (highly ) Tj ET Q q 0 0 0 rg BT 192.61 441.75 Td (scalable ) Tj ET Q q 0 0 0 rg BT 232.61 441.75 Td (and ) Tj ET Q q 0 0 0 rg BT 252.61 441.75 Td (reliable ) Tj ET Q q 0 0 0 rg BT 288.16 441.75 Td (infrastructure. ) Tj ET Q q 0 0 0 rg BT 352.61 441.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 372.59 441.75 Td (G ) Tj ET Q q 0 0 0 rg BT 383.69 441.75 Td (Suite ) Tj ET Q q 0 0 0 rg BT 409.79 441.75 Td (productivity ) Tj ET Q q 0 0 0 rg BT 463.68 441.75 Td (tools ) Tj ET Q q 0 0 0 rg BT 488.12 441.75 Td (?) Tj ET Q q 0 0 0 rg BT 501.43 441.75 Td (which ) Tj ET Q q 0 0 0 rg BT 530.31 441.75 Td (include ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 429.75 Td (apps ) Tj ET Q q 0 0 0 rg BT 73.53 429.75 Td (like ) Tj ET Q q 0 0 0 rg BT 90.38 429.75 Td (Gmail, ) Tj ET Q q 0 0 0 rg BT 121.12 429.75 Td (Docs, ) Tj ET Q q 0 0 0 rg BT 148.52 429.75 Td (Drive, ) Tj ET Q q 0 0 0 rg BT 176.48 429.75 Td (Calendar) Tj ET Q q 0 0 0 rg BT 216.51 429.75 Td (, ) Tj ET Q q 0 0 0 rg BT 221.13 429.75 Td (and ) Tj ET Q q 0 0 0 rg BT 239.66 429.75 Td (more ) Tj ET Q q 0 0 0 rg BT 264.29 429.75 Td (?) Tj ET Q q 0 0 0 rg BT 276.14 429.75 Td (are ) Tj ET Q q 0 0 0 rg BT 292.44 429.75 Td (designed ) Tj ET Q q 0 0 0 rg BT 334.87 429.75 Td (with ) Tj ET Q q 0 0 0 rg BT 354.50 429.75 Td (real-time ) Tj ET Q q 0 0 0 rg BT 395.24 429.75 Td (collaboration ) Tj ET Q q 0 0 0 rg BT 453.79 429.75 Td (and ) Tj ET Q q 0 0 0 rg BT 472.32 429.75 Td (machine ) Tj ET Q q 0 0 0 rg BT 511.96 429.75 Td (intelligence ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 417.75 Td (to ) Tj ET Q q 0 0 0 rg BT 60.87 417.75 Td (help ) Tj ET Q q 0 0 0 rg BT 82.30 417.75 Td (people ) Tj ET Q q 0 0 0 rg BT 114.86 417.75 Td (work ) Tj ET Q q 0 0 0 rg BT 138.50 417.75 Td (smarter) Tj ET Q q 0 0 0 rg BT 171.84 417.75 Td (. ) Tj ET Q q 0 0 0 rg BT 177.14 417.75 Td (Because ) Tj ET Q q 0 0 0 rg BT 218.59 417.75 Td (more ) Tj ET Q q 0 0 0 rg BT 243.90 417.75 Td (and ) Tj ET Q q 0 0 0 rg BT 263.11 417.75 Td (more ) Tj ET Q q 0 0 0 rg BT 288.42 417.75 Td (of ) Tj ET Q q 0 0 0 rg BT 299.29 417.75 Td (today? Tj ET Q q 0 0 0 rg BT 325.79 417.75 Td (s ) Tj ET Q q 0 0 0 rg BT 333.32 417.75 Td (great ) Tj ET Q q 0 0 0 rg BT 358.64 417.75 Td (digital ) Tj ET Q q 0 0 0 rg BT 387.29 417.75 Td (experiences ) Tj ET Q q 0 0 0 rg BT 443.74 417.75 Td (are ) Tj ET Q q 0 0 0 rg BT 460.72 417.75 Td (being ) Tj ET Q q 0 0 0 rg BT 487.72 417.75 Td (built ) Tj ET Q q 0 0 0 rg BT 508.59 417.75 Td (in ) Tj ET Q q 0 0 0 rg BT 518.90 417.75 Td (the ) Tj ET Q q 0 0 0 rg BT 535.33 417.75 Td (cloud, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 405.75 Td (our ) Tj ET Q q 0 0 0 rg BT 67.13 405.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 102.06 405.75 Td (Cloud ) Tj ET Q q 0 0 0 rg BT 130.87 405.75 Td (products ) Tj ET Q q 0 0 0 rg BT 171.90 405.75 Td (help ) Tj ET Q q 0 0 0 rg BT 193.49 405.75 Td (businesses ) Tj ET Q q 0 0 0 rg BT 246.20 405.75 Td (of ) Tj ET Q q 0 0 0 rg BT 257.22 405.75 Td (all ) Tj ET Q q 0 0 0 rg BT 269.91 405.75 Td (sizes ) Tj ET Q q 0 0 0 rg BT 295.37 405.75 Td (take ) Tj ET Q q 0 0 0 rg BT 316.95 405.75 Td (advantage ) Tj ET Q q 0 0 0 rg BT 366.34 405.75 Td (of ) Tj ET Q q 0 0 0 rg BT 377.36 405.75 Td (the ) Tj ET Q q 0 0 0 rg BT 393.95 405.75 Td (latest ) Tj ET Q q 0 0 0 rg BT 420.53 405.75 Td (technology ) Tj ET Q q 0 0 0 rg BT 471.58 405.75 Td (advances ) Tj ET Q q 0 0 0 rg BT 517.07 405.75 Td (to ) Tj ET Q q 0 0 0 rg BT 528.09 405.75 Td (operate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 393.75 Td (more ) Tj ET Q q 0 0 0 rg BT 75.56 393.75 Td (ef) Tj ET Q q 0 0 0 rg BT 83.72 393.75 Td (ficiently) Tj ET Q q 0 0 0 rg BT 116.32 393.75 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 72.50 375.75 Td (How ) Tj ET Q q 0 0 0 rg BT 96.39 375.75 Td (we ) Tj ET Q q 0 0 0 rg BT 112.50 375.75 Td (make ) Tj ET Q q 0 0 0 rg BT 140.86 375.75 Td (money) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 357.75 Td (The ) Tj ET Q q 0 0 0 rg BT 93.28 357.75 Td (goal ) Tj ET Q q 0 0 0 rg BT 115.73 357.75 Td (of ) Tj ET Q q 0 0 0 rg BT 127.62 357.75 Td (our ) Tj ET Q q 0 0 0 rg BT 145.62 357.75 Td (advertising ) Tj ET Q q 0 0 0 rg BT 197.52 357.75 Td (products ) Tj ET Q q 0 0 0 rg BT 239.42 357.75 Td (is ) Tj ET Q q 0 0 0 rg BT 250.19 357.75 Td (to ) Tj ET Q q 0 0 0 rg BT 262.08 357.75 Td (deliver ) Tj ET Q q 0 0 0 rg BT 295.08 357.75 Td (relevant ) Tj ET Q q 0 0 0 rg BT 334.20 357.75 Td (ads ) Tj ET Q q 0 0 0 rg BT 353.87 357.75 Td (at ) Tj ET Q q 0 0 0 rg BT 365.76 357.75 Td (just ) Tj ET Q q 0 0 0 rg BT 384.87 357.75 Td (the ) Tj ET Q q 0 0 0 rg BT 402.32 357.75 Td (right ) Tj ET Q q 0 0 0 rg BT 425.31 357.75 Td (time ) Tj ET Q q 0 0 0 rg BT 447.75 357.75 Td (and ) Tj ET Q q 0 0 0 rg BT 467.98 357.75 Td (to ) Tj ET Q q 0 0 0 rg BT 479.87 357.75 Td (give ) Tj ET Q q 0 0 0 rg BT 501.76 357.75 Td (people ) Tj ET Q q 0 0 0 rg BT 535.34 357.75 Td (useful ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 345.75 Td (commercial ) Tj ET Q q 0 0 0 rg BT 103.78 345.75 Td (information, ) Tj ET Q q 0 0 0 rg BT 158.68 345.75 Td (regardless ) Tj ET Q q 0 0 0 rg BT 208.03 345.75 Td (of ) Tj ET Q q 0 0 0 rg BT 219.02 345.75 Td (the ) Tj ET Q q 0 0 0 rg BT 235.58 345.75 Td (device ) Tj ET Q q 0 0 0 rg BT 267.15 345.75 Td (they’re ) Tj ET Q q 0 0 0 rg BT 299.82 345.75 Td (using. ) Tj ET Q q 0 0 0 rg BT 329.16 345.75 Td (W) Tj ET Q q 0 0 0 rg BT 338.42 345.75 Td (e ) Tj ET Q q 0 0 0 rg BT 346.64 345.75 Td (also ) Tj ET Q q 0 0 0 rg BT 367.64 345.75 Td (provide ) Tj ET Q q 0 0 0 rg BT 403.10 345.75 Td (advertisers ) Tj ET Q q 0 0 0 rg BT 454.66 345.75 Td (with ) Tj ET Q q 0 0 0 rg BT 475.10 345.75 Td (tools ) Tj ET Q q 0 0 0 rg BT 498.88 345.75 Td (that ) Tj ET Q q 0 0 0 rg BT 518.22 345.75 Td (help ) Tj ET Q q 0 0 0 rg BT 539.78 345.75 Td (them ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 333.75 Td (better ) Tj ET Q q 0 0 0 rg BT 78.47 333.75 Td (attribute ) Tj ET Q q 0 0 0 rg BT 117.51 333.75 Td (and ) Tj ET Q q 0 0 0 rg BT 137.10 333.75 Td (measure ) Tj ET Q q 0 0 0 rg BT 178.91 333.75 Td (their ) Tj ET Q q 0 0 0 rg BT 201.26 333.75 Td (advertising ) Tj ET Q q 0 0 0 rg BT 252.53 333.75 Td (campaigns. ) Tj ET Q q 0 0 0 rg BT 306.57 333.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 326.14 333.75 Td (advertising ) Tj ET Q q 0 0 0 rg BT 377.40 333.75 Td (solutions ) Tj ET Q q 0 0 0 rg BT 419.78 333.75 Td (help ) Tj ET Q q 0 0 0 rg BT 441.58 333.75 Td (millions ) Tj ET Q q 0 0 0 rg BT 477.83 333.75 Td (of ) Tj ET Q q 0 0 0 rg BT 489.07 333.75 Td (companies ) Tj ET Q q 0 0 0 rg BT 540.33 333.75 Td (grow ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 321.75 Td (their ) Tj ET Q q 0 0 0 rg BT 71.96 321.75 Td (businesses, ) Tj ET Q q 0 0 0 rg BT 127.28 321.75 Td (and ) Tj ET Q q 0 0 0 rg BT 146.47 321.75 Td (we ) Tj ET Q q 0 0 0 rg BT 161.77 321.75 Td (of) Tj ET Q q 0 0 0 rg BT 169.93 321.75 Td (fer ) Tj ET Q q 0 0 0 rg BT 184.11 321.75 Td (a ) Tj ET Q q 0 0 0 rg BT 192.18 321.75 Td (wide ) Tj ET Q q 0 0 0 rg BT 215.25 321.75 Td (range ) Tj ET Q q 0 0 0 rg BT 243.34 321.75 Td (of ) Tj ET Q q 0 0 0 rg BT 254.19 321.75 Td (products ) Tj ET Q q 0 0 0 rg BT 295.05 321.75 Td (across ) Tj ET Q q 0 0 0 rg BT 327.02 321.75 Td (devices ) Tj ET Q q 0 0 0 rg BT 363.43 321.75 Td (and ) Tj ET Q q 0 0 0 rg BT 382.63 321.75 Td (formats. ) Tj ET Q q 0 0 0 rg BT 421.25 321.75 Td (W) Tj ET Q q 0 0 0 rg BT 430.51 321.75 Td (e ) Tj ET Q q 0 0 0 rg BT 438.58 321.75 Td (generate ) Tj ET Q q 0 0 0 rg BT 480.57 321.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 524.22 321.75 Td (primarily ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 309.75 Td (by ) Tj ET Q q 0 0 0 rg BT 63.34 309.75 Td (delivering ) Tj ET Q q 0 0 0 rg BT 108.92 309.75 Td (both ) Tj ET Q q 0 0 0 rg BT 131.16 309.75 Td (performance ) Tj ET Q q 0 0 0 rg BT 190.08 309.75 Td (advertising ) Tj ET Q q 0 0 0 rg BT 241.22 309.75 Td (and ) Tj ET Q q 0 0 0 rg BT 260.68 309.75 Td (brand ) Tj ET Q q 0 0 0 rg BT 289.03 309.75 Td (advertising.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 291.75 Td (?) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 86.00 291.75 Td (Performance ) Tj ET Q q 0 0 0 rg BT 152.31 291.75 Td (advertising) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.66 291.75 Td ( ) Tj ET Q q 0 0 0 rg BT 210.84 291.75 Td (creates ) Tj ET Q q 0 0 0 rg BT 248.81 291.75 Td (and ) Tj ET Q q 0 0 0 rg BT 270.67 291.75 Td (delivers ) Tj ET Q q 0 0 0 rg BT 310.30 291.75 Td (relevant ) Tj ET Q q 0 0 0 rg BT 351.06 291.75 Td (ads ) Tj ET Q q 0 0 0 rg BT 372.36 291.75 Td (that ) Tj ET Q q 0 0 0 rg BT 394.21 291.75 Td (users ) Tj ET Q q 0 0 0 rg BT 423.84 291.75 Td (will ) Tj ET Q q 0 0 0 rg BT 442.90 291.75 Td (click ) Tj ET Q q 0 0 0 rg BT 467.52 291.75 Td (on, ) Tj ET Q q 0 0 0 rg BT 486.60 291.75 Td (leading ) Tj ET Q q 0 0 0 rg BT 524.03 291.75 Td (to ) Tj ET Q q 0 0 0 rg BT 537.54 291.75 Td (direct ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 279.75 Td (engagement ) Tj ET Q q 0 0 0 rg BT 144.18 279.75 Td (with ) Tj ET Q q 0 0 0 rg BT 164.55 279.75 Td (advertisers. ) Tj ET Q q 0 0 0 rg BT 218.82 279.75 Td (Most ) Tj ET Q q 0 0 0 rg BT 243.07 279.75 Td (of ) Tj ET Q q 0 0 0 rg BT 253.99 279.75 Td (our ) Tj ET Q q 0 0 0 rg BT 271.03 279.75 Td (performance ) Tj ET Q q 0 0 0 rg BT 329.75 279.75 Td (advertisers ) Tj ET Q q 0 0 0 rg BT 381.24 279.75 Td (pay ) Tj ET Q q 0 0 0 rg BT 399.95 279.75 Td (us ) Tj ET Q q 0 0 0 rg BT 413.09 279.75 Td (when ) Tj ET Q q 0 0 0 rg BT 439.58 279.75 Td (a ) Tj ET Q q 0 0 0 rg BT 447.72 279.75 Td (user ) Tj ET Q q 0 0 0 rg BT 469.76 279.75 Td (engages ) Tj ET Q q 0 0 0 rg BT 510.71 279.75 Td (in ) Tj ET Q q 0 0 0 rg BT 521.08 279.75 Td (their ) Tj ET Q q 0 0 0 rg BT 543.11 279.75 Td (ads. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 267.75 Td (Performance ) Tj ET Q q 0 0 0 rg BT 146.68 267.75 Td (advertising ) Tj ET Q q 0 0 0 rg BT 198.48 267.75 Td (lets ) Tj ET Q q 0 0 0 rg BT 217.48 267.75 Td (our ) Tj ET Q q 0 0 0 rg BT 235.37 267.75 Td (advertisers ) Tj ET Q q 0 0 0 rg BT 287.71 267.75 Td (connect ) Tj ET Q q 0 0 0 rg BT 326.18 267.75 Td (with ) Tj ET Q q 0 0 0 rg BT 347.40 267.75 Td (users ) Tj ET Q q 0 0 0 rg BT 375.29 267.75 Td (while ) Tj ET Q q 0 0 0 rg BT 401.51 267.75 Td (driving ) Tj ET Q q 0 0 0 rg BT 434.41 267.75 Td (measurable ) Tj ET Q q 0 0 0 rg BT 490.10 267.75 Td (results.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.33 267.75 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.77 267.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 545.87 267.75 Td (ads ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 255.75 Td (tools ) Tj ET Q q 0 0 0 rg BT 110.47 255.75 Td (allow ) Tj ET Q q 0 0 0 rg BT 136.61 255.75 Td (performance ) Tj ET Q q 0 0 0 rg BT 196.09 255.75 Td (advertisers ) Tj ET Q q 0 0 0 rg BT 248.35 255.75 Td (to ) Tj ET Q q 0 0 0 rg BT 260.04 255.75 Td (create ) Tj ET Q q 0 0 0 rg BT 291.18 255.75 Td (simple ) Tj ET Q q 0 0 0 rg BT 323.42 255.75 Td (text-based ) Tj ET Q q 0 0 0 rg BT 373.46 255.75 Td (ads ) Tj ET Q q 0 0 0 rg BT 392.94 255.75 Td (that ) Tj ET Q q 0 0 0 rg BT 412.96 255.75 Td (appear ) Tj ET Q q 0 0 0 rg BT 447.45 255.75 Td (on ) Tj ET Q q 0 0 0 rg BT 461.92 255.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 497.51 255.75 Td (properties ) Tj ET Q q 0 0 0 rg BT 545.33 255.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 243.75 Td (the ) Tj ET Q q 0 0 0 rg BT 101.77 243.75 Td (properties ) Tj ET Q q 0 0 0 rg BT 148.11 243.75 Td (of ) Tj ET Q q 0 0 0 rg BT 158.31 243.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 192.43 243.75 Td (Network ) Tj ET Q q 0 0 0 rg BT 230.97 243.75 Td (Members. ) Tj ET Q q 0 0 0 rg BT 277.29 243.75 Td (In ) Tj ET Q q 0 0 0 rg BT 287.50 243.75 Td (addition, ) Tj ET Q q 0 0 0 rg BT 327.18 243.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 361.29 243.75 Td (Network ) Tj ET Q q 0 0 0 rg BT 399.83 243.75 Td (Members ) Tj ET Q q 0 0 0 rg BT 443.38 243.75 Td (use ) Tj ET Q q 0 0 0 rg BT 461.37 243.75 Td (our ) Tj ET Q q 0 0 0 rg BT 477.69 243.75 Td (platforms ) Tj ET Q q 0 0 0 rg BT 520.68 243.75 Td (to ) Tj ET Q q 0 0 0 rg BT 530.89 243.75 Td (display ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 231.75 Td (relevant ) Tj ET Q q 0 0 0 rg BT 124.08 231.75 Td (ads ) Tj ET Q q 0 0 0 rg BT 142.71 231.75 Td (on ) Tj ET Q q 0 0 0 rg BT 156.34 231.75 Td (their ) Tj ET Q q 0 0 0 rg BT 178.30 231.75 Td (properties, ) Tj ET Q q 0 0 0 rg BT 228.06 231.75 Td (generating ) Tj ET Q q 0 0 0 rg BT 277.82 231.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 321.47 231.75 Td (when ) Tj ET Q q 0 0 0 rg BT 347.88 231.75 Td (site ) Tj ET Q q 0 0 0 rg BT 365.95 231.75 Td (visitors ) Tj ET Q q 0 0 0 rg BT 399.57 231.75 Td (view ) Tj ET Q q 0 0 0 rg BT 422.08 231.75 Td (or ) Tj ET Q q 0 0 0 rg BT 433.48 231.75 Td (click ) Tj ET Q q 0 0 0 rg BT 455.43 231.75 Td (on ) Tj ET Q q 0 0 0 rg BT 469.06 231.75 Td (the ) Tj ET Q q 0 0 0 rg BT 485.47 231.75 Td (ads. ) Tj ET Q q 0 0 0 rg BT 506.88 231.75 Td (W) Tj ET Q q 0 0 0 rg BT 516.13 231.75 Td (e ) Tj ET Q q 0 0 0 rg BT 524.20 231.75 Td (continue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 219.75 Td (to ) Tj ET Q q 0 0 0 rg BT 97.12 219.75 Td (invest ) Tj ET Q q 0 0 0 rg BT 126.02 219.75 Td (in ) Tj ET Q q 0 0 0 rg BT 136.58 219.75 Td (our ) Tj ET Q q 0 0 0 rg BT 153.81 219.75 Td (advertising ) Tj ET Q q 0 0 0 rg BT 204.95 219.75 Td (programs ) Tj ET Q q 0 0 0 rg BT 249.96 219.75 Td (and ) Tj ET Q q 0 0 0 rg BT 269.43 219.75 Td (make ) Tj ET Q q 0 0 0 rg BT 296.66 219.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 343.91 219.75 Td (upgrades.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 201.75 Td (?) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 86.00 201.75 Td (Brand ) Tj ET Q q 0 0 0 rg BT 117.96 201.75 Td (advertising) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.31 201.75 Td ( ) Tj ET Q q 0 0 0 rg BT 174.38 201.75 Td (helps ) Tj ET Q q 0 0 0 rg BT 201.36 201.75 Td (enhance ) Tj ET Q q 0 0 0 rg BT 242.80 201.75 Td (users' ) Tj ET Q q 0 0 0 rg BT 272.24 201.75 Td (awareness ) Tj ET Q q 0 0 0 rg BT 323.67 201.75 Td (of ) Tj ET Q q 0 0 0 rg BT 335.08 201.75 Td (and ) Tj ET Q q 0 0 0 rg BT 354.83 201.75 Td (af) Tj ET Q q 0 0 0 rg BT 362.99 201.75 Td (finity ) Tj ET Q q 0 0 0 rg BT 386.63 201.75 Td (with ) Tj ET Q q 0 0 0 rg BT 407.48 201.75 Td (advertisers' ) Tj ET Q q 0 0 0 rg BT 461.37 201.75 Td (products ) Tj ET Q q 0 0 0 rg BT 502.79 201.75 Td (and ) Tj ET Q q 0 0 0 rg BT 522.55 201.75 Td (services, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 189.75 Td (through ) Tj ET Q q 0 0 0 rg BT 124.35 189.75 Td (videos, ) Tj ET Q q 0 0 0 rg BT 160.47 189.75 Td (text, ) Tj ET Q q 0 0 0 rg BT 183.80 189.75 Td (images, ) Tj ET Q q 0 0 0 rg BT 223.25 189.75 Td (and ) Tj ET Q q 0 0 0 rg BT 244.36 189.75 Td (other ) Tj ET Q q 0 0 0 rg BT 271.59 189.75 Td (interactive ) Tj ET Q q 0 0 0 rg BT 321.60 189.75 Td (ads ) Tj ET Q q 0 0 0 rg BT 342.16 189.75 Td (that ) Tj ET Q q 0 0 0 rg BT 363.27 189.75 Td (run ) Tj ET Q q 0 0 0 rg BT 382.16 189.75 Td (across ) Tj ET Q q 0 0 0 rg BT 416.04 189.75 Td (various ) Tj ET Q q 0 0 0 rg BT 452.71 189.75 Td (devices. ) Tj ET Q q 0 0 0 rg BT 493.83 189.75 Td (W) Tj ET Q q 0 0 0 rg BT 503.09 189.75 Td (e ) Tj ET Q q 0 0 0 rg BT 513.08 189.75 Td (help ) Tj ET Q q 0 0 0 rg BT 536.42 189.75 Td (brand ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 177.75 Td (advertisers ) Tj ET Q q 0 0 0 rg BT 136.84 177.75 Td (deliver ) Tj ET Q q 0 0 0 rg BT 168.24 177.75 Td (digital ) Tj ET Q q 0 0 0 rg BT 196.31 177.75 Td (videos ) Tj ET Q q 0 0 0 rg BT 227.15 177.75 Td (and ) Tj ET Q q 0 0 0 rg BT 245.78 177.75 Td (other ) Tj ET Q q 0 0 0 rg BT 270.51 177.75 Td (types ) Tj ET Q q 0 0 0 rg BT 296.35 177.75 Td (of ) Tj ET Q q 0 0 0 rg BT 306.63 177.75 Td (ads ) Tj ET Q q 0 0 0 rg BT 324.69 177.75 Td (to ) Tj ET Q q 0 0 0 rg BT 334.96 177.75 Td (specific ) Tj ET Q q 0 0 0 rg BT 370.25 177.75 Td (audiences ) Tj ET Q q 0 0 0 rg BT 417.78 177.75 Td (for ) Tj ET Q q 0 0 0 rg BT 431.39 177.75 Td (their ) Tj ET Q q 0 0 0 rg BT 452.78 177.75 Td (brand-building ) Tj ET Q q 0 0 0 rg BT 518.09 177.75 Td (marketing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 165.75 Td (campaigns.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 147.75 Td (W) Tj ET Q q 0 0 0 rg BT 81.76 147.75 Td (e ) Tj ET Q q 0 0 0 rg BT 89.44 147.75 Td (have ) Tj ET Q q 0 0 0 rg BT 113.24 147.75 Td (built ) Tj ET Q q 0 0 0 rg BT 133.70 147.75 Td (a ) Tj ET Q q 0 0 0 rg BT 141.38 147.75 Td (world-class ) Tj ET Q q 0 0 0 rg BT 193.51 147.75 Td (ad ) Tj ET Q q 0 0 0 rg BT 206.75 147.75 Td (technology ) Tj ET Q q 0 0 0 rg BT 257.24 147.75 Td (platform ) Tj ET Q q 0 0 0 rg BT 295.48 147.75 Td (for ) Tj ET Q q 0 0 0 rg BT 309.26 147.75 Td (advertisers, ) Tj ET Q q 0 0 0 rg BT 363.07 147.75 Td (agencies, ) Tj ET Q q 0 0 0 rg BT 407.99 147.75 Td (and ) Tj ET Q q 0 0 0 rg BT 426.79 147.75 Td (publishers ) Tj ET Q q 0 0 0 rg BT 474.49 147.75 Td (to ) Tj ET Q q 0 0 0 rg BT 484.95 147.75 Td (power ) Tj ET Q q 0 0 0 rg BT 514.30 147.75 Td (their ) Tj ET Q q 0 0 0 rg BT 535.88 147.75 Td (digital ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 135.75 Td (marketing ) Tj ET Q q 0 0 0 rg BT 97.55 135.75 Td (businesses. ) Tj ET Q q 0 0 0 rg BT 154.00 135.75 Td (W) Tj ET Q q 0 0 0 rg BT 163.25 135.75 Td (e ) Tj ET Q q 0 0 0 rg BT 172.46 135.75 Td (aim ) Tj ET Q q 0 0 0 rg BT 192.21 135.75 Td (to ) Tj ET Q q 0 0 0 rg BT 204.19 135.75 Td (ensure ) Tj ET Q q 0 0 0 rg BT 238.41 135.75 Td (great ) Tj ET Q q 0 0 0 rg BT 264.84 135.75 Td (user ) Tj ET Q q 0 0 0 rg BT 287.94 135.75 Td (experiences ) Tj ET Q q 0 0 0 rg BT 345.50 135.75 Td (by ) Tj ET Q q 0 0 0 rg BT 359.70 135.75 Td (serving ) Tj ET Q q 0 0 0 rg BT 395.58 135.75 Td (the ) Tj ET Q q 0 0 0 rg BT 413.12 135.75 Td (right ) Tj ET Q q 0 0 0 rg BT 436.22 135.75 Td (ads ) Tj ET Q q 0 0 0 rg BT 455.98 135.75 Td (at ) Tj ET Q q 0 0 0 rg BT 467.96 135.75 Td (the ) Tj ET Q q 0 0 0 rg BT 485.50 135.75 Td (right ) Tj ET Q q 0 0 0 rg BT 508.60 135.75 Td (time ) Tj ET Q q 0 0 0 rg BT 531.13 135.75 Td (and ) Tj ET Q q 0 0 0 rg BT 551.46 135.75 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 123.75 Td (building ) Tj ET Q q 0 0 0 rg BT 87.86 123.75 Td (deep ) Tj ET Q q 0 0 0 rg BT 113.49 123.75 Td (partnerships ) Tj ET Q q 0 0 0 rg BT 171.90 123.75 Td (with ) Tj ET Q q 0 0 0 rg BT 193.06 123.75 Td (brands ) Tj ET Q q 0 0 0 rg BT 227.02 123.75 Td (and ) Tj ET Q q 0 0 0 rg BT 247.09 123.75 Td (agencies. ) Tj ET Q q 0 0 0 rg BT 293.28 123.75 Td (W) Tj ET Q q 0 0 0 rg BT 302.54 123.75 Td (e ) Tj ET Q q 0 0 0 rg BT 311.49 123.75 Td (also ) Tj ET Q q 0 0 0 rg BT 333.21 123.75 Td (seek ) Tj ET Q q 0 0 0 rg BT 357.72 123.75 Td (to ) Tj ET Q q 0 0 0 rg BT 369.44 123.75 Td (improve ) Tj ET Q q 0 0 0 rg BT 408.39 123.75 Td (the ) Tj ET Q q 0 0 0 rg BT 425.68 123.75 Td (measurability ) Tj ET Q q 0 0 0 rg BT 487.97 123.75 Td (of ) Tj ET Q q 0 0 0 rg BT 499.69 123.75 Td (advertising ) Tj ET Q q 0 0 0 rg BT 551.44 123.75 Td (so ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 111.75 Td (advertisers ) Tj ET Q q 0 0 0 rg BT 101.68 111.75 Td (know ) Tj ET Q q 0 0 0 rg BT 127.81 111.75 Td (when ) Tj ET Q q 0 0 0 rg BT 154.49 111.75 Td (their ) Tj ET Q q 0 0 0 rg BT 176.72 111.75 Td (campaigns ) Tj ET Q q 0 0 0 rg BT 227.86 111.75 Td (are ) Tj ET Q q 0 0 0 rg BT 245.09 111.75 Td (ef) Tj ET Q q 0 0 0 rg BT 253.25 111.75 Td (fective.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 93.75 Td (W) Tj ET Q q 0 0 0 rg BT 81.76 93.75 Td (e ) Tj ET Q q 0 0 0 rg BT 89.91 93.75 Td (have ) Tj ET Q q 0 0 0 rg BT 114.18 93.75 Td (allocated ) Tj ET Q q 0 0 0 rg BT 156.80 93.75 Td (substantial ) Tj ET Q q 0 0 0 rg BT 207.20 93.75 Td (resources ) Tj ET Q q 0 0 0 rg BT 253.70 93.75 Td (to ) Tj ET Q q 0 0 0 rg BT 264.63 93.75 Td (stopping ) Tj ET Q q 0 0 0 rg BT 305.02 93.75 Td (bad ) Tj ET Q q 0 0 0 rg BT 324.30 93.75 Td (advertising ) Tj ET Q q 0 0 0 rg BT 375.25 93.75 Td (practices ) Tj ET Q q 0 0 0 rg BT 417.85 93.75 Td (and ) Tj ET Q q 0 0 0 rg BT 437.13 93.75 Td (protecting ) Tj ET Q q 0 0 0 rg BT 483.63 93.75 Td (users ) Tj ET Q q 0 0 0 rg BT 510.67 93.75 Td (on ) Tj ET Q q 0 0 0 rg BT 524.39 93.75 Td (the ) Tj ET Q q 0 0 0 rg BT 540.88 93.75 Td (web. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 81.75 Td (W) Tj ET Q q 0 0 0 rg BT 59.26 81.75 Td (e ) Tj ET Q q 0 0 0 rg BT 68.59 81.75 Td (focus ) Tj ET Q q 0 0 0 rg BT 96.27 81.75 Td (on ) Tj ET Q q 0 0 0 rg BT 111.17 81.75 Td (creating ) Tj ET Q q 0 0 0 rg BT 150.52 81.75 Td (the ) Tj ET Q q 0 0 0 rg BT 168.20 81.75 Td (best ) Tj ET Q q 0 0 0 rg BT 190.88 81.75 Td (advertising ) Tj ET Q q 0 0 0 rg BT 243.01 81.75 Td (experiences ) Tj ET Q q 0 0 0 rg BT 300.71 81.75 Td (for ) Tj ET Q q 0 0 0 rg BT 316.15 81.75 Td (our ) Tj ET Q q 0 0 0 rg BT 334.38 81.75 Td (users ) Tj ET Q q 0 0 0 rg BT 362.61 81.75 Td (and ) Tj ET Q q 0 0 0 rg BT 383.07 81.75 Td (advertisers ) Tj ET Q q 0 0 0 rg BT 435.75 81.75 Td (in ) Tj ET Q q 0 0 0 rg BT 447.31 81.75 Td (many ) Tj ET Q q 0 0 0 rg BT 475.54 81.75 Td (ways, ) Tj ET Q q 0 0 0 rg BT 504.87 81.75 Td (ranging ) Tj ET Q q 0 0 0 rg BT 542.01 81.75 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 69.75 Td (filtering ) Tj ET Q q 0 0 0 rg BT 85.56 69.75 Td (out ) Tj ET Q q 0 0 0 rg BT 102.78 69.75 Td (invalid ) Tj ET Q q 0 0 0 rg BT 134.45 69.75 Td (traf) Tj ET Q q 0 0 0 rg BT 148.71 69.75 Td (fic, ) Tj ET Q q 0 0 0 rg BT 164.81 69.75 Td (removing ) Tj ET Q q 0 0 0 rg BT 209.26 69.75 Td (billions ) Tj ET Q q 0 0 0 rg BT 243.15 69.75 Td (of ) Tj ET Q q 0 0 0 rg BT 254.81 69.75 Td (bad ) Tj ET Q q 0 0 0 rg BT 274.82 69.75 Td (ads ) Tj ET Q q 0 0 0 rg BT 294.26 69.75 Td (from ) Tj ET Q q 0 0 0 rg BT 317.58 69.75 Td (our ) Tj ET Q q 0 0 0 rg BT 335.35 69.75 Td (systems ) Tj ET Q q 0 0 0 rg BT 375.34 69.75 Td (every ) Tj ET Q q 0 0 0 rg BT 403.11 69.75 Td (year ) Tj ET Q q 0 0 0 rg BT 425.89 69.75 Td (to ) Tj ET Q q 0 0 0 rg BT 437.55 69.75 Td (closely ) Tj ET Q q 0 0 0 rg BT 471.43 69.75 Td (monitoring ) Tj ET Q q 0 0 0 rg BT 521.44 69.75 Td (the ) Tj ET Q q 0 0 0 rg BT 538.66 69.75 Td (sites, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 57.75 Td (apps, ) Tj ET Q q 0 0 0 rg BT 76.66 57.75 Td (and ) Tj ET Q q 0 0 0 rg BT 95.54 57.75 Td (videos ) Tj ET Q q 0 0 0 rg BT 126.64 57.75 Td (where ) Tj ET Q q 0 0 0 rg BT 156.07 57.75 Td (ads ) Tj ET Q q 0 0 0 rg BT 174.38 57.75 Td (appear ) Tj ET Q q 0 0 0 rg BT 207.71 57.75 Td (and ) Tj ET Q q 0 0 0 rg BT 226.59 57.75 Td (blacklisting ) Tj ET Q q 0 0 0 rg BT 277.70 57.75 Td (them ) Tj ET Q q 0 0 0 rg BT 302.12 57.75 Td (when ) Tj ET Q q 0 0 0 rg BT 328.22 57.75 Td (necessary ) Tj ET Q q 0 0 0 rg BT 375.99 57.75 Td (to ) Tj ET Q q 0 0 0 rg BT 386.53 57.75 Td (ensure ) Tj ET Q q 0 0 0 rg BT 419.30 57.75 Td (that ) Tj ET Q q 0 0 0 rg BT 438.17 57.75 Td (ads ) Tj ET Q q 0 0 0 rg BT 456.49 57.75 Td (do ) Tj ET Q q 0 0 0 rg BT 469.80 57.75 Td (not ) Tj ET Q q 0 0 0 rg BT 485.90 57.75 Td (fund ) Tj ET Q q 0 0 0 rg BT 507.56 57.75 Td (bad ) Tj ET Q q 0 0 0 rg BT 526.43 57.75 Td (content.) 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Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.20 31.25 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 741.75 Td (W) Tj ET Q q 0 0 0 rg BT 81.76 741.75 Td (e ) Tj ET Q q 0 0 0 rg BT 88.85 741.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 128.20 741.75 Td (to ) Tj ET Q q 0 0 0 rg BT 138.07 741.75 Td (look ) Tj ET Q q 0 0 0 rg BT 157.95 741.75 Td (to ) Tj ET Q q 0 0 0 rg BT 167.82 741.75 Td (the ) Tj ET Q q 0 0 0 rg BT 183.26 741.75 Td (future ) Tj ET Q q 0 0 0 rg BT 210.36 741.75 Td (and ) Tj ET Q q 0 0 0 rg BT 228.58 741.75 Td (are ) Tj ET Q q 0 0 0 rg BT 244.57 741.75 Td (making ) Tj ET Q q 0 0 0 rg BT 278.34 741.75 Td (long-term ) Tj ET Q q 0 0 0 rg BT 322.11 741.75 Td (investments ) Tj ET Q q 0 0 0 rg BT 377.00 741.75 Td (that ) Tj ET Q q 0 0 0 rg BT 395.21 741.75 Td (will ) Tj ET Q q 0 0 0 rg BT 410.63 741.75 Td (grow ) Tj ET Q q 0 0 0 rg BT 433.84 741.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 476.51 741.75 Td (beyond ) Tj ET Q q 0 0 0 rg BT 510.86 741.75 Td (advertising, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 729.75 Td (including ) Tj ET Q q 0 0 0 rg BT 93.01 729.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 128.78 729.75 Td (Cloud, ) Tj ET Q q 0 0 0 rg BT 161.22 729.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 197.00 729.75 Td (Play) Tj ET Q q 0 0 0 rg BT 215.71 729.75 Td (, ) Tj ET Q q 0 0 0 rg BT 222.02 729.75 Td (hardware, ) Tj ET Q q 0 0 0 rg BT 270.02 729.75 Td (and ) Tj ET Q q 0 0 0 rg BT 290.01 729.75 Td (Y) Tj ET Q q 0 0 0 rg BT 295.76 729.75 Td (ouT) Tj ET Q q 0 0 0 rg BT 312.62 729.75 Td (ube. ) Tj ET Q q 0 0 0 rg BT 335.62 729.75 Td (W) Tj ET Q q 0 0 0 rg BT 344.88 729.75 Td (e ) Tj ET Q q 0 0 0 rg BT 353.97 729.75 Td (are ) Tj ET Q q 0 0 0 rg BT 371.96 729.75 Td (also ) Tj ET Q q 0 0 0 rg BT 393.83 729.75 Td (investing ) Tj ET Q q 0 0 0 rg BT 436.84 729.75 Td (in ) Tj ET Q q 0 0 0 rg BT 448.15 729.75 Td (research ) Tj ET Q q 0 0 0 rg BT 490.59 729.75 Td (ef) Tj ET Q q 0 0 0 rg BT 498.75 729.75 Td (forts ) Tj ET Q q 0 0 0 rg BT 521.73 729.75 Td (in ) Tj ET Q q 0 0 0 rg BT 532.34 729.75 Td (AI ) Tj ET Q q 0 0 0 rg BT 545.33 729.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 717.75 Td (quantum ) Tj ET Q q 0 0 0 rg BT 91.69 717.75 Td (computing ) Tj ET Q q 0 0 0 rg BT 140.61 717.75 Td (to ) Tj ET Q q 0 0 0 rg BT 151.73 717.75 Td (foster ) Tj ET Q q 0 0 0 rg BT 179.52 717.75 Td (innovation ) Tj ET Q q 0 0 0 rg BT 227.89 717.75 Td (across ) Tj ET Q q 0 0 0 rg BT 260.12 717.75 Td (our ) Tj ET Q q 0 0 0 rg BT 277.35 717.75 Td (businesses ) Tj ET Q q 0 0 0 rg BT 330.16 717.75 Td (and ) Tj ET Q q 0 0 0 rg BT 349.62 717.75 Td (create ) Tj ET Q q 0 0 0 rg BT 380.19 717.75 Td (new ) Tj ET Q q 0 0 0 rg BT 401.31 717.75 Td (opportunities) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 458.57 717.75 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 699.75 Td (Other ) Tj ET Q q 0 0 0 rg BT 79.45 699.75 Td (Bets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 681.75 Td (Throughout ) Tj ET Q q 0 0 0 rg BT 127.16 681.75 Td (Alphabet, ) Tj ET Q q 0 0 0 rg BT 173.79 681.75 Td (we ) Tj ET Q q 0 0 0 rg BT 190.95 681.75 Td (are ) Tj ET Q q 0 0 0 rg BT 209.78 681.75 Td (also ) Tj ET Q q 0 0 0 rg BT 232.51 681.75 Td (using ) Tj ET Q q 0 0 0 rg BT 260.79 681.75 Td (technology ) Tj ET Q q 0 0 0 rg BT 313.54 681.75 Td (to ) Tj ET Q q 0 0 0 rg BT 326.26 681.75 Td (try ) Tj ET Q q 0 0 0 rg BT 341.74 681.75 Td (and ) Tj ET Q q 0 0 0 rg BT 362.81 681.75 Td (solve ) Tj ET Q q 0 0 0 rg BT 390.53 681.75 Td (big ) Tj ET Q q 0 0 0 rg BT 408.25 681.75 Td (problems ) Tj ET Q q 0 0 0 rg BT 453.76 681.75 Td (across ) Tj ET Q q 0 0 0 rg BT 487.59 681.75 Td (many ) Tj ET Q q 0 0 0 rg BT 516.42 681.75 Td (industries. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 669.75 Td (Alphabet? Tj ET Q q 0 0 0 rg BT 91.52 669.75 Td (s ) Tj ET Q q 0 0 0 rg BT 99.46 669.75 Td (investment ) Tj ET Q q 0 0 0 rg BT 150.76 669.75 Td (in ) Tj ET Q q 0 0 0 rg BT 161.48 669.75 Td (our ) Tj ET Q q 0 0 0 rg BT 178.88 669.75 Td (portfolio ) Tj ET Q q 0 0 0 rg BT 217.40 669.75 Td (of ) Tj ET Q q 0 0 0 rg BT 228.68 669.75 Td (Other ) Tj ET Q q 0 0 0 rg BT 256.63 669.75 Td (Bets ) Tj ET Q q 0 0 0 rg BT 279.58 669.75 Td (include ) Tj ET Q q 0 0 0 rg BT 314.22 669.75 Td (emerging ) Tj ET Q q 0 0 0 rg BT 358.85 669.75 Td (businesses ) Tj ET Q q 0 0 0 rg BT 411.82 669.75 Td (at ) Tj ET Q q 0 0 0 rg BT 423.10 669.75 Td (various ) Tj ET Q q 0 0 0 rg BT 458.28 669.75 Td (stages ) Tj ET Q q 0 0 0 rg BT 490.69 669.75 Td (of ) Tj ET Q q 0 0 0 rg BT 501.97 669.75 Td (development, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 657.75 Td (ranging ) Tj ET Q q 0 0 0 rg BT 89.57 657.75 Td (from ) Tj ET Q q 0 0 0 rg BT 115.78 657.75 Td (those ) Tj ET Q q 0 0 0 rg BT 146.46 657.75 Td (in ) Tj ET Q q 0 0 0 rg BT 160.45 657.75 Td (the ) Tj ET Q q 0 0 0 rg BT 180.57 657.75 Td (research ) Tj ET Q q 0 0 0 rg BT 225.68 657.75 Td (and ) Tj ET Q q 0 0 0 rg BT 248.58 657.75 Td (development ) Tj ET Q q 0 0 0 rg BT 312.05 657.75 Td (phase ) Tj ET Q q 0 0 0 rg BT 345.51 657.75 Td (to ) Tj ET Q q 0 0 0 rg BT 360.06 657.75 Td (those ) Tj ET Q q 0 0 0 rg BT 390.74 657.75 Td (that ) Tj ET Q q 0 0 0 rg BT 413.63 657.75 Td (are ) Tj ET Q q 0 0 0 rg BT 434.29 657.75 Td (in ) Tj ET Q q 0 0 0 rg BT 448.29 657.75 Td (the ) Tj ET Q q 0 0 0 rg BT 468.40 657.75 Td (beginning ) Tj ET Q q 0 0 0 rg BT 517.99 657.75 Td (stages ) Tj ET Q q 0 0 0 rg BT 553.66 657.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 645.75 Td (commercialization, ) Tj ET Q q 0 0 0 rg BT 136.04 645.75 Td (and ) Tj ET Q q 0 0 0 rg BT 155.97 645.75 Td (our ) Tj ET Q q 0 0 0 rg BT 173.67 645.75 Td (goal ) Tj ET Q q 0 0 0 rg BT 195.82 645.75 Td (is ) Tj ET Q q 0 0 0 rg BT 206.28 645.75 Td (for ) Tj ET Q q 0 0 0 rg BT 221.19 645.75 Td (them ) Tj ET Q q 0 0 0 rg BT 246.67 645.75 Td (to ) Tj ET Q q 0 0 0 rg BT 258.25 645.75 Td (become ) Tj ET Q q 0 0 0 rg BT 297.07 645.75 Td (thriving, ) Tj ET Q q 0 0 0 rg BT 335.32 645.75 Td (successful ) Tj ET Q q 0 0 0 rg BT 385.25 645.75 Td (businesses ) Tj ET Q q 0 0 0 rg BT 438.52 645.75 Td (in ) Tj ET Q q 0 0 0 rg BT 449.55 645.75 Td (the ) Tj ET Q q 0 0 0 rg BT 466.69 645.75 Td (medium ) Tj ET Q q 0 0 0 rg BT 505.50 645.75 Td (to ) Tj ET Q q 0 0 0 rg BT 517.08 645.75 Td (long ) Tj ET Q q 0 0 0 rg BT 539.23 645.75 Td (term. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 633.75 Td (While ) Tj ET Q q 0 0 0 rg BT 76.85 633.75 Td (these ) Tj ET Q q 0 0 0 rg BT 103.16 633.75 Td (early-stage ) Tj ET Q q 0 0 0 rg BT 154.47 633.75 Td (businesses ) Tj ET Q q 0 0 0 rg BT 206.34 633.75 Td (naturally ) Tj ET Q q 0 0 0 rg BT 245.98 633.75 Td (come ) Tj ET Q q 0 0 0 rg BT 272.28 633.75 Td (with ) Tj ET Q q 0 0 0 rg BT 291.91 633.75 Td (considerable ) Tj ET Q q 0 0 0 rg BT 350.45 633.75 Td (uncertainty) Tj ET Q q 0 0 0 rg BT 398.63 633.75 Td (, ) Tj ET Q q 0 0 0 rg BT 403.25 633.75 Td (some ) Tj ET Q q 0 0 0 rg BT 429.55 633.75 Td (of ) Tj ET Q q 0 0 0 rg BT 439.73 633.75 Td (them ) Tj ET Q q 0 0 0 rg BT 463.80 633.75 Td (are ) Tj ET Q q 0 0 0 rg BT 480.10 633.75 Td (already ) Tj ET Q q 0 0 0 rg BT 514.74 633.75 Td (generating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 621.75 Td (revenue ) Tj ET Q q 0 0 0 rg BT 90.01 621.75 Td (and ) Tj ET Q q 0 0 0 rg BT 110.57 621.75 Td (making ) Tj ET Q q 0 0 0 rg BT 146.69 621.75 Td (important ) Tj ET Q q 0 0 0 rg BT 192.25 621.75 Td (strides ) Tj ET Q q 0 0 0 rg BT 225.58 621.75 Td (in ) Tj ET Q q 0 0 0 rg BT 237.24 621.75 Td (their ) Tj ET Q q 0 0 0 rg BT 260.56 621.75 Td (industries. ) Tj ET Q q 0 0 0 rg BT 310.02 621.75 Td (Revenues ) Tj ET Q q 0 0 0 rg BT 358.92 621.75 Td (are ) Tj ET Q q 0 0 0 rg BT 377.25 621.75 Td (primarily ) Tj ET Q q 0 0 0 rg BT 418.91 621.75 Td (generated ) Tj ET Q q 0 0 0 rg BT 467.82 621.75 Td (from ) Tj ET Q q 0 0 0 rg BT 491.70 621.75 Td (internet ) Tj ET Q q 0 0 0 rg BT 528.93 621.75 Td (and ) Tj ET Q q 0 0 0 rg BT 549.24 621.75 Td (TV ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 609.75 Td (services, ) Tj ET Q q 0 0 0 rg BT 92.23 609.75 Td (as ) Tj ET Q q 0 0 0 rg BT 105.57 609.75 Td (well ) Tj ET Q q 0 0 0 rg BT 125.58 609.75 Td (as ) Tj ET Q q 0 0 0 rg BT 138.92 609.75 Td (licensing ) Tj ET Q q 0 0 0 rg BT 180.61 609.75 Td (and ) Tj ET Q q 0 0 0 rg BT 200.07 609.75 Td (R&D ) Tj ET Q q 0 0 0 rg BT 223.96 609.75 Td (services.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 591.75 Td (Other ) Tj ET Q q 0 0 0 rg BT 101.64 591.75 Td (Bets ) Tj ET Q q 0 0 0 rg BT 125.78 591.75 Td (operate ) Tj ET Q q 0 0 0 rg BT 163.83 591.75 Td (as ) Tj ET Q q 0 0 0 rg BT 178.53 591.75 Td (independent ) Tj ET Q q 0 0 0 rg BT 237.71 591.75 Td (companies ) Tj ET Q q 0 0 0 rg BT 290.20 591.75 Td (and ) Tj ET Q q 0 0 0 rg BT 311.02 591.75 Td (some ) Tj ET Q q 0 0 0 rg BT 339.61 591.75 Td (of ) Tj ET Q q 0 0 0 rg BT 352.08 591.75 Td (them ) Tj ET Q q 0 0 0 rg BT 378.44 591.75 Td (have ) Tj ET Q q 0 0 0 rg BT 404.26 591.75 Td (their ) Tj ET Q q 0 0 0 rg BT 427.84 591.75 Td (own ) Tj ET Q q 0 0 0 rg BT 450.32 591.75 Td (boards ) Tj ET Q q 0 0 0 rg BT 485.03 591.75 Td (with ) Tj ET Q q 0 0 0 rg BT 506.95 591.75 Td (independent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 579.75 Td (members ) Tj ET Q q 0 0 0 rg BT 94.77 579.75 Td (and ) Tj ET Q q 0 0 0 rg BT 114.56 579.75 Td (outside ) Tj ET Q q 0 0 0 rg BT 149.90 579.75 Td (investors. ) Tj ET Q q 0 0 0 rg BT 195.80 579.75 Td (W) Tj ET Q q 0 0 0 rg BT 205.05 579.75 Td (e ) Tj ET Q q 0 0 0 rg BT 213.72 579.75 Td (are ) Tj ET Q q 0 0 0 rg BT 231.27 579.75 Td (investing ) Tj ET Q q 0 0 0 rg BT 273.84 579.75 Td (in ) Tj ET Q q 0 0 0 rg BT 284.72 579.75 Td (our ) Tj ET Q q 0 0 0 rg BT 302.27 579.75 Td (portfolio ) Tj ET Q q 0 0 0 rg BT 340.95 579.75 Td (of ) Tj ET Q q 0 0 0 rg BT 352.39 579.75 Td (Other ) Tj ET Q q 0 0 0 rg BT 380.50 579.75 Td (Bets ) Tj ET Q q 0 0 0 rg BT 403.61 579.75 Td (and ) Tj ET Q q 0 0 0 rg BT 423.39 579.75 Td (being ) Tj ET Q q 0 0 0 rg BT 450.96 579.75 Td (very ) Tj ET Q q 0 0 0 rg BT 472.95 579.75 Td (deliberate ) Tj ET Q q 0 0 0 rg BT 519.97 579.75 Td (about ) Tj ET Q q 0 0 0 rg BT 548.09 579.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 567.75 Td (focus, ) Tj ET Q q 0 0 0 rg BT 79.46 567.75 Td (scale, ) Tj ET Q q 0 0 0 rg BT 108.36 567.75 Td (and ) Tj ET Q q 0 0 0 rg BT 127.82 567.75 Td (pace ) Tj ET Q q 0 0 0 rg BT 152.29 567.75 Td (of ) Tj ET Q q 0 0 0 rg BT 163.40 567.75 Td (investments.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 549.75 Td (Competition) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 531.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 91.98 531.75 Td (business ) Tj ET Q q 0 0 0 rg BT 134.26 531.75 Td (is ) Tj ET Q q 0 0 0 rg BT 144.30 531.75 Td (characterized ) Tj ET Q q 0 0 0 rg BT 207.14 531.75 Td (by ) Tj ET Q q 0 0 0 rg BT 220.51 531.75 Td (rapid ) Tj ET Q q 0 0 0 rg BT 245.56 531.75 Td (change ) Tj ET Q q 0 0 0 rg BT 281.18 531.75 Td (as ) Tj ET Q q 0 0 0 rg BT 294.55 531.75 Td (well ) Tj ET Q q 0 0 0 rg BT 314.59 531.75 Td (as ) Tj ET Q q 0 0 0 rg BT 327.96 531.75 Td (new ) Tj ET Q q 0 0 0 rg BT 349.12 531.75 Td (and ) Tj ET Q q 0 0 0 rg BT 368.62 531.75 Td (disruptive ) Tj ET Q q 0 0 0 rg BT 414.23 531.75 Td (technologies. ) Tj ET Q q 0 0 0 rg BT 475.97 531.75 Td (W) Tj ET Q q 0 0 0 rg BT 485.23 531.75 Td (e ) Tj ET Q q 0 0 0 rg BT 493.60 531.75 Td (face ) Tj ET Q q 0 0 0 rg BT 515.31 531.75 Td (formidable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 519.75 Td (competition ) Tj ET Q q 0 0 0 rg BT 105.00 519.75 Td (in ) Tj ET Q q 0 0 0 rg BT 116.64 519.75 Td (every ) Tj ET Q q 0 0 0 rg BT 144.95 519.75 Td (aspect ) Tj ET Q q 0 0 0 rg BT 178.27 519.75 Td (of ) Tj ET Q q 0 0 0 rg BT 190.47 519.75 Td (our ) Tj ET Q q 0 0 0 rg BT 208.79 519.75 Td (business, ) Tj ET Q q 0 0 0 rg BT 254.89 519.75 Td (particularly ) Tj ET Q q 0 0 0 rg BT 307.10 519.75 Td (from ) Tj ET Q q 0 0 0 rg BT 330.96 519.75 Td (companies ) Tj ET Q q 0 0 0 rg BT 383.18 519.75 Td (that ) Tj ET Q q 0 0 0 rg BT 403.72 519.75 Td (seek ) Tj ET Q q 0 0 0 rg BT 428.70 519.75 Td (to ) Tj ET Q q 0 0 0 rg BT 440.90 519.75 Td (connect ) Tj ET Q q 0 0 0 rg BT 479.78 519.75 Td (people ) Tj ET Q q 0 0 0 rg BT 513.67 519.75 Td (with ) Tj ET Q q 0 0 0 rg BT 535.31 519.75 Td (online ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 507.75 Td (information ) Tj ET Q q 0 0 0 rg BT 102.25 507.75 Td (and ) Tj ET Q q 0 0 0 rg BT 121.71 507.75 Td (provide ) Tj ET Q q 0 0 0 rg BT 157.29 507.75 Td (them ) Tj ET Q q 0 0 0 rg BT 182.29 507.75 Td (with ) Tj ET Q q 0 0 0 rg BT 202.86 507.75 Td (relevant ) Tj ET Q q 0 0 0 rg BT 241.21 507.75 Td (advertising. ) Tj ET Q q 0 0 0 rg BT 295.13 507.75 Td (W) Tj ET Q q 0 0 0 rg BT 304.38 507.75 Td (e ) Tj ET Q q 0 0 0 rg BT 312.72 507.75 Td (face ) Tj ET Q q 0 0 0 rg BT 334.40 507.75 Td (competition ) Tj ET Q q 0 0 0 rg BT 388.32 507.75 Td (from:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 489.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 489.75 Td (General ) Tj ET Q q 0 0 0 rg BT 124.27 489.75 Td (purpose ) Tj ET Q q 0 0 0 rg BT 163.09 489.75 Td (search ) Tj ET Q q 0 0 0 rg BT 195.80 489.75 Td (engines ) Tj ET Q q 0 0 0 rg BT 233.52 489.75 Td (and ) Tj ET Q q 0 0 0 rg BT 252.89 489.75 Td (information ) Tj ET Q q 0 0 0 rg BT 305.05 489.75 Td (services, ) Tj ET Q q 0 0 0 rg BT 347.19 489.75 Td (such ) Tj ET Q q 0 0 0 rg BT 371.01 489.75 Td (as ) Tj ET Q q 0 0 0 rg BT 384.26 489.75 Td (Baidu, ) Tj ET Q q 0 0 0 rg BT 415.30 489.75 Td (Microsoft's ) Tj ET Q q 0 0 0 rg BT 465.46 489.75 Td (Bing, ) Tj ET Q q 0 0 0 rg BT 490.95 489.75 Td (Naver) Tj ET Q q 0 0 0 rg BT 517.07 489.75 Td (, ) Tj ET Q q 0 0 0 rg BT 522.54 489.75 Td (Seznam, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 477.75 Td (V) Tj ET Q q 0 0 0 rg BT 92.12 477.75 Td (erizon's ) Tj ET Q q 0 0 0 rg BT 128.86 477.75 Td (Y) Tj ET Q q 0 0 0 rg BT 134.79 477.75 Td (ahoo, ) Tj ET Q q 0 0 0 rg BT 162.59 477.75 Td (and ) Tj ET Q q 0 0 0 rg BT 181.87 477.75 Td (Y) Tj ET Q q 0 0 0 rg BT 187.80 477.75 Td (andex.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 459.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 459.75 Td (V) Tj ET Q q 0 0 0 rg BT 92.12 459.75 Td (ertical ) Tj ET Q q 0 0 0 rg BT 120.40 459.75 Td (search ) Tj ET Q q 0 0 0 rg BT 152.02 459.75 Td (engines ) Tj ET Q q 0 0 0 rg BT 188.65 459.75 Td (and ) Tj ET Q q 0 0 0 rg BT 206.94 459.75 Td (e-commerce ) Tj ET Q q 0 0 0 rg BT 264.11 459.75 Td (websites, ) Tj ET Q q 0 0 0 rg BT 307.40 459.75 Td (such ) Tj ET Q q 0 0 0 rg BT 330.13 459.75 Td (as ) Tj ET Q q 0 0 0 rg BT 341.98 459.75 Td (Amazon ) Tj ET Q q 0 0 0 rg BT 380.27 459.75 Td (and ) Tj ET Q q 0 0 0 rg BT 398.56 459.75 Td (eBay ) Tj ET Q q 0 0 0 rg BT 422.96 459.75 Td (\(e-commerce\), ) Tj ET Q q 0 0 0 rg BT 489.56 459.75 Td (Booking's ) Tj ET Q q 0 0 0 rg BT 534.22 459.75 Td (Kayak ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 447.75 Td (\(travel ) Tj ET Q q 0 0 0 rg BT 117.17 447.75 Td (queries\), ) Tj ET Q q 0 0 0 rg BT 159.47 447.75 Td (Microsoft's ) Tj ET Q q 0 0 0 rg BT 210.33 447.75 Td (LinkedIn ) Tj ET Q q 0 0 0 rg BT 251.53 447.75 Td (\(job ) Tj ET Q q 0 0 0 rg BT 271.60 447.75 Td (queries\), ) Tj ET Q q 0 0 0 rg BT 313.90 447.75 Td (and ) Tj ET Q q 0 0 0 rg BT 333.97 447.75 Td (W) Tj ET Q q 0 0 0 rg BT 343.23 447.75 Td (ebMD ) Tj ET Q q 0 0 0 rg BT 373.30 447.75 Td (\(health ) Tj ET Q q 0 0 0 rg BT 407.27 447.75 Td (queries\). ) Tj ET Q q 0 0 0 rg BT 449.56 447.75 Td (Some ) Tj ET Q q 0 0 0 rg BT 479.08 447.75 Td (users ) Tj ET Q q 0 0 0 rg BT 506.92 447.75 Td (will ) Tj ET Q q 0 0 0 rg BT 524.20 447.75 Td (navigate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 435.75 Td (directly ) Tj ET Q q 0 0 0 rg BT 120.45 435.75 Td (to ) Tj ET Q q 0 0 0 rg BT 131.57 435.75 Td (such ) Tj ET Q q 0 0 0 rg BT 155.47 435.75 Td (content, ) Tj ET Q q 0 0 0 rg BT 193.83 435.75 Td (websites, ) Tj ET Q q 0 0 0 rg BT 238.29 435.75 Td (and ) Tj ET Q q 0 0 0 rg BT 257.76 435.75 Td (apps ) Tj ET Q q 0 0 0 rg BT 282.22 435.75 Td (rather ) Tj ET Q q 0 0 0 rg BT 311.12 435.75 Td (than ) Tj ET Q q 0 0 0 rg BT 333.36 435.75 Td (go ) Tj ET Q q 0 0 0 rg BT 347.26 435.75 Td (through ) Tj ET Q q 0 0 0 rg BT 383.96 435.75 Td (Google.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 417.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 417.75 Td (Social ) Tj ET Q q 0 0 0 rg BT 115.96 417.75 Td (networks, ) Tj ET Q q 0 0 0 rg BT 161.48 417.75 Td (such ) Tj ET Q q 0 0 0 rg BT 185.33 417.75 Td (as ) Tj ET Q q 0 0 0 rg BT 198.62 417.75 Td (Facebook, ) Tj ET Q q 0 0 0 rg BT 248.04 417.75 Td (Snapchat, ) Tj ET Q q 0 0 0 rg BT 295.80 417.75 Td (and ) Tj ET Q q 0 0 0 rg BT 315.04 417.75 Td (T) Tj ET Q q 0 0 0 rg BT 320.59 417.75 Td (witter) Tj ET Q q 0 0 0 rg BT 343.93 417.75 Td (. ) Tj ET Q q 0 0 0 rg BT 349.44 417.75 Td (Some ) Tj ET Q q 0 0 0 rg BT 378.29 417.75 Td (users ) Tj ET Q q 0 0 0 rg BT 405.47 417.75 Td (increasingly ) Tj ET Q q 0 0 0 rg BT 461.00 417.75 Td (rely ) Tj ET Q q 0 0 0 rg BT 479.84 417.75 Td (on ) Tj ET Q q 0 0 0 rg BT 493.69 417.75 Td (social ) Tj ET Q q 0 0 0 rg BT 521.98 417.75 Td (networks ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 405.75 Td (for ) Tj ET Q q 0 0 0 rg BT 100.45 405.75 Td (product ) Tj ET Q q 0 0 0 rg BT 136.58 405.75 Td (or ) Tj ET Q q 0 0 0 rg BT 148.25 405.75 Td (service ) Tj ET Q q 0 0 0 rg BT 182.70 405.75 Td (referrals, ) Tj ET Q q 0 0 0 rg BT 224.94 405.75 Td (rather ) Tj ET Q q 0 0 0 rg BT 253.84 405.75 Td (than ) Tj ET Q q 0 0 0 rg BT 276.08 405.75 Td (seeking ) Tj ET Q q 0 0 0 rg BT 313.32 405.75 Td (information ) Tj ET Q q 0 0 0 rg BT 365.57 405.75 Td (through ) Tj ET Q q 0 0 0 rg BT 402.26 405.75 Td (traditional ) Tj ET Q q 0 0 0 rg BT 448.40 405.75 Td (search ) Tj ET Q q 0 0 0 rg BT 481.20 405.75 Td (engines.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 387.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 387.75 Td (Other ) Tj ET Q q 0 0 0 rg BT 113.29 387.75 Td (forms ) Tj ET Q q 0 0 0 rg BT 140.57 387.75 Td (of ) Tj ET Q q 0 0 0 rg BT 151.19 387.75 Td (advertising, ) Tj ET Q q 0 0 0 rg BT 204.61 387.75 Td (such ) Tj ET Q q 0 0 0 rg BT 228.02 387.75 Td (as ) Tj ET Q q 0 0 0 rg BT 240.86 387.75 Td (billboards, ) Tj ET Q q 0 0 0 rg BT 288.73 387.75 Td (magazines, ) Tj ET Q q 0 0 0 rg BT 342.14 387.75 Td (newspapers, ) Tj ET Q q 0 0 0 rg BT 401.13 387.75 Td (radio, ) Tj ET Q q 0 0 0 rg BT 428.42 387.75 Td (and ) Tj ET Q q 0 0 0 rg BT 447.39 387.75 Td (television. ) Tj ET Q q 0 0 0 rg BT 494.14 387.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 513.09 387.75 Td (advertisers ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 375.75 Td (typically ) Tj ET Q q 0 0 0 rg BT 124.34 375.75 Td (advertise ) Tj ET Q q 0 0 0 rg BT 167.70 375.75 Td (in ) Tj ET Q q 0 0 0 rg BT 178.26 375.75 Td (multiple ) Tj ET Q q 0 0 0 rg BT 215.50 375.75 Td (media, ) Tj ET Q q 0 0 0 rg BT 248.29 375.75 Td (both ) Tj ET Q q 0 0 0 rg BT 270.53 375.75 Td (online ) Tj ET Q q 0 0 0 rg BT 300.00 375.75 Td (and ) Tj ET Q q 0 0 0 rg BT 319.46 375.75 Td (of) Tj ET Q q 0 0 0 rg BT 327.62 375.75 Td (fline.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 357.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 357.75 Td (Other ) Tj ET Q q 0 0 0 rg BT 114.28 357.75 Td (online ) Tj ET Q q 0 0 0 rg BT 144.25 357.75 Td (advertising ) Tj ET Q q 0 0 0 rg BT 195.88 357.75 Td (platforms ) Tj ET Q q 0 0 0 rg BT 240.28 357.75 Td (and ) Tj ET Q q 0 0 0 rg BT 260.23 357.75 Td (networks, ) Tj ET Q q 0 0 0 rg BT 306.30 357.75 Td (including ) Tj ET Q q 0 0 0 rg BT 348.40 357.75 Td (Amazon, ) Tj ET Q q 0 0 0 rg BT 390.48 357.75 Td (AppNexus, ) Tj ET Q q 0 0 0 rg BT 442.67 357.75 Td (Criteo, ) Tj ET Q q 0 0 0 rg BT 475.40 357.75 Td (and ) Tj ET Q q 0 0 0 rg BT 495.36 357.75 Td (Facebook, ) Tj ET Q q 0 0 0 rg BT 545.32 357.75 Td (that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 345.75 Td (compete ) Tj ET Q q 0 0 0 rg BT 127.13 345.75 Td (for ) Tj ET Q q 0 0 0 rg BT 141.58 345.75 Td (advertisers ) Tj ET Q q 0 0 0 rg BT 193.27 345.75 Td (that ) Tj ET Q q 0 0 0 rg BT 212.72 345.75 Td (use ) Tj ET Q q 0 0 0 rg BT 231.63 345.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 266.10 345.75 Td (Ads, ) Tj ET Q q 0 0 0 rg BT 288.89 345.75 Td (our ) Tj ET Q q 0 0 0 rg BT 306.12 345.75 Td (primary ) Tj ET Q q 0 0 0 rg BT 342.23 345.75 Td (auction-based ) Tj ET Q q 0 0 0 rg BT 407.83 345.75 Td (advertising ) Tj ET Q q 0 0 0 rg BT 458.97 345.75 Td (platform.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 327.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 327.75 Td (Providers ) Tj ET Q q 0 0 0 rg BT 130.44 327.75 Td (of ) Tj ET Q q 0 0 0 rg BT 140.98 327.75 Td (digital ) Tj ET Q q 0 0 0 rg BT 169.30 327.75 Td (video ) Tj ET Q q 0 0 0 rg BT 195.41 327.75 Td (services, ) Tj ET Q q 0 0 0 rg BT 237.06 327.75 Td (such ) Tj ET Q q 0 0 0 rg BT 260.39 327.75 Td (as ) Tj ET Q q 0 0 0 rg BT 272.71 327.75 Td (Amazon, ) Tj ET Q q 0 0 0 rg BT 313.94 327.75 Td (Apple, ) Tj ET Q q 0 0 0 rg BT 344.06 327.75 Td (A) Tj ET Q q 0 0 0 rg BT 349.98 327.75 Td (T&T) Tj ET Q q 0 0 0 rg BT 367.76 327.75 Td (, ) Tj ET Q q 0 0 0 rg BT 372.74 327.75 Td (Disney) Tj ET Q q 0 0 0 rg BT 402.56 327.75 Td (, ) Tj ET Q q 0 0 0 rg BT 407.54 327.75 Td (Facebook, ) Tj ET Q q 0 0 0 rg BT 456.44 327.75 Td (Hulu, ) Tj ET Q q 0 0 0 rg BT 481.98 327.75 Td (Netflix ) Tj ET Q q 0 0 0 rg BT 511.97 327.75 Td (and ) Tj ET Q q 0 0 0 rg BT 530.71 327.75 Td (T) Tj ET Q q 0 0 0 rg BT 536.45 327.75 Td (ikT) Tj ET Q q 0 0 0 rg BT 548.67 327.75 Td (ok.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 309.75 Td (In ) Tj ET Q q 0 0 0 rg BT 83.26 309.75 Td (businesses ) Tj ET Q q 0 0 0 rg BT 135.71 309.75 Td (that ) Tj ET Q q 0 0 0 rg BT 154.81 309.75 Td (are ) Tj ET Q q 0 0 0 rg BT 171.68 309.75 Td (further ) Tj ET Q q 0 0 0 rg BT 203.00 309.75 Td (afield ) Tj ET Q q 0 0 0 rg BT 229.32 309.75 Td (from ) Tj ET Q q 0 0 0 rg BT 251.74 309.75 Td (our ) Tj ET Q q 0 0 0 rg BT 268.61 309.75 Td (advertising ) Tj ET Q q 0 0 0 rg BT 319.39 309.75 Td (business, ) Tj ET Q q 0 0 0 rg BT 364.06 309.75 Td (we ) Tj ET Q q 0 0 0 rg BT 379.26 309.75 Td (compete ) Tj ET Q q 0 0 0 rg BT 420.03 309.75 Td (with ) Tj ET Q q 0 0 0 rg BT 440.24 309.75 Td (companies ) Tj ET Q q 0 0 0 rg BT 491.01 309.75 Td (that ) Tj ET Q q 0 0 0 rg BT 510.11 309.75 Td (have ) Tj ET Q q 0 0 0 rg BT 534.22 309.75 Td (longer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 297.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 94.48 297.75 Td (histories ) Tj ET Q q 0 0 0 rg BT 134.49 297.75 Td (and ) Tj ET Q q 0 0 0 rg BT 153.96 297.75 Td (more ) Tj ET Q q 0 0 0 rg BT 179.52 297.75 Td (established ) Tj ET Q q 0 0 0 rg BT 232.89 297.75 Td (relationships ) Tj ET Q q 0 0 0 rg BT 291.81 297.75 Td (with ) Tj ET Q q 0 0 0 rg BT 312.37 297.75 Td (customers ) Tj ET Q q 0 0 0 rg BT 361.27 297.75 Td (and ) Tj ET Q q 0 0 0 rg BT 380.73 297.75 Td (users. ) Tj ET Q q 0 0 0 rg BT 410.74 297.75 Td (W) Tj ET Q q 0 0 0 rg BT 420.00 297.75 Td (e ) Tj ET Q q 0 0 0 rg BT 428.34 297.75 Td (face ) Tj ET Q q 0 0 0 rg BT 450.02 297.75 Td (competition ) Tj ET Q q 0 0 0 rg BT 503.94 297.75 Td (from:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 279.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 279.75 Td (Other ) Tj ET Q q 0 0 0 rg BT 113.79 279.75 Td (digital ) Tj ET Q q 0 0 0 rg BT 142.69 279.75 Td (content ) Tj ET Q q 0 0 0 rg BT 178.28 279.75 Td (and ) Tj ET Q q 0 0 0 rg BT 197.74 279.75 Td (application ) Tj ET Q q 0 0 0 rg BT 248.33 279.75 Td (platform ) Tj ET Q q 0 0 0 rg BT 287.23 279.75 Td (providers, ) Tj ET Q q 0 0 0 rg BT 333.92 279.75 Td (such ) Tj ET Q q 0 0 0 rg BT 357.82 279.75 Td (as ) Tj ET Q q 0 0 0 rg BT 370.60 279.75 Td (Amazon ) Tj ET Q q 0 0 0 rg BT 410.07 279.75 Td (and ) Tj ET Q q 0 0 0 rg BT 428.98 279.75 Td (Apple.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 261.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 261.75 Td (Companies ) Tj ET Q q 0 0 0 rg BT 140.03 261.75 Td (that ) Tj ET Q q 0 0 0 rg BT 160.17 261.75 Td (design, ) Tj ET Q q 0 0 0 rg BT 195.86 261.75 Td (manufacture, ) Tj ET Q q 0 0 0 rg BT 257.68 261.75 Td (and ) Tj ET Q q 0 0 0 rg BT 277.82 261.75 Td (market ) Tj ET Q q 0 0 0 rg BT 311.83 261.75 Td (consumer ) Tj ET Q q 0 0 0 rg BT 359.19 261.75 Td (hardware ) Tj ET Q q 0 0 0 rg BT 404.33 261.75 Td (products, ) Tj ET Q q 0 0 0 rg BT 448.92 261.75 Td (including ) Tj ET Q q 0 0 0 rg BT 491.84 261.75 Td (businesses ) Tj ET Q q 0 0 0 rg BT 545.33 261.75 Td (that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 249.75 Td (have ) Tj ET Q q 0 0 0 rg BT 110.46 249.75 Td (developed ) Tj ET Q q 0 0 0 rg BT 159.39 249.75 Td (proprietary ) Tj ET Q q 0 0 0 rg BT 209.97 249.75 Td (platforms.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 231.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 231.75 Td (Providers ) Tj ET Q q 0 0 0 rg BT 131.01 231.75 Td (of ) Tj ET Q q 0 0 0 rg BT 142.13 231.75 Td (enterprise ) Tj ET Q q 0 0 0 rg BT 189.38 231.75 Td (cloud ) Tj ET Q q 0 0 0 rg BT 216.06 231.75 Td (services, ) Tj ET Q q 0 0 0 rg BT 258.29 231.75 Td (including ) Tj ET Q q 0 0 0 rg BT 299.99 231.75 Td (Alibaba, ) Tj ET Q q 0 0 0 rg BT 338.36 231.75 Td (Amazon, ) Tj ET Q q 0 0 0 rg BT 380.60 231.75 Td (and ) Tj ET Q q 0 0 0 rg BT 400.06 231.75 Td (Microsoft.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 213.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 213.75 Td (Digital ) Tj ET Q q 0 0 0 rg BT 116.57 213.75 Td (assistant ) Tj ET Q q 0 0 0 rg BT 158.81 213.75 Td (providers, ) Tj ET Q q 0 0 0 rg BT 205.49 213.75 Td (such ) Tj ET Q q 0 0 0 rg BT 229.39 213.75 Td (as ) Tj ET Q q 0 0 0 rg BT 242.18 213.75 Td (Amazon ) Tj ET Q q 0 0 0 rg BT 281.64 213.75 Td (and ) Tj ET Q q 0 0 0 rg BT 300.56 213.75 Td (Apple.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 195.75 Td (Competing ) Tj ET Q q 0 0 0 rg BT 126.36 195.75 Td (successfully ) Tj ET Q q 0 0 0 rg BT 185.76 195.75 Td (depends ) Tj ET Q q 0 0 0 rg BT 229.63 195.75 Td (heavily ) Tj ET Q q 0 0 0 rg BT 266.25 195.75 Td (on ) Tj ET Q q 0 0 0 rg BT 282.87 195.75 Td (our ) Tj ET Q q 0 0 0 rg BT 302.82 195.75 Td (ability ) Tj ET Q q 0 0 0 rg BT 333.89 195.75 Td (to ) Tj ET Q q 0 0 0 rg BT 347.73 195.75 Td (deliver ) Tj ET Q q 0 0 0 rg BT 382.68 195.75 Td (and ) Tj ET Q q 0 0 0 rg BT 404.86 195.75 Td (distribute ) Tj ET Q q 0 0 0 rg BT 450.94 195.75 Td (innovative ) Tj ET Q q 0 0 0 rg BT 501.46 195.75 Td (products ) Tj ET Q q 0 0 0 rg BT 545.32 195.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 183.75 Td (technologies ) Tj ET Q q 0 0 0 rg BT 108.58 183.75 Td (to ) Tj ET Q q 0 0 0 rg BT 119.35 183.75 Td (the ) Tj ET Q q 0 0 0 rg BT 135.68 183.75 Td (marketplace ) Tj ET Q q 0 0 0 rg BT 192.58 183.75 Td (across ) Tj ET Q q 0 0 0 rg BT 224.46 183.75 Td (our ) Tj ET Q q 0 0 0 rg BT 241.35 183.75 Td (businesses. ) Tj ET Q q 0 0 0 rg BT 296.58 183.75 Td (Specifically) Tj ET Q q 0 0 0 rg BT 345.86 183.75 Td (, ) Tj ET Q q 0 0 0 rg BT 351.07 183.75 Td (for ) Tj ET Q q 0 0 0 rg BT 365.17 183.75 Td (advertising, ) Tj ET Q q 0 0 0 rg BT 418.74 183.75 Td (competing ) Tj ET Q q 0 0 0 rg BT 467.30 183.75 Td (successfully ) Tj ET Q q 0 0 0 rg BT 523.64 183.75 Td (depends ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 171.75 Td (on ) Tj ET Q q 0 0 0 rg BT 63.90 171.75 Td (attracting ) Tj ET Q q 0 0 0 rg BT 107.81 171.75 Td (and ) Tj ET Q q 0 0 0 rg BT 127.28 171.75 Td (retaining:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 153.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 153.75 Td (Users, ) Tj ET Q q 0 0 0 rg BT 117.32 153.75 Td (for ) Tj ET Q q 0 0 0 rg BT 131.42 153.75 Td (whom ) Tj ET Q q 0 0 0 rg BT 160.53 153.75 Td (other ) Tj ET Q q 0 0 0 rg BT 185.75 153.75 Td (products ) Tj ET Q q 0 0 0 rg BT 226.54 153.75 Td (and ) Tj ET Q q 0 0 0 rg BT 245.66 153.75 Td (services ) Tj ET Q q 0 0 0 rg BT 284.76 153.75 Td (are ) Tj ET Q q 0 0 0 rg BT 301.65 153.75 Td (literally ) Tj ET Q q 0 0 0 rg BT 335.19 153.75 Td (one ) Tj ET Q q 0 0 0 rg BT 354.31 153.75 Td (click ) Tj ET Q q 0 0 0 rg BT 376.19 153.75 Td (away) Tj ET Q q 0 0 0 rg BT 398.79 153.75 Td (, ) Tj ET Q q 0 0 0 rg BT 404.00 153.75 Td (largely ) Tj ET Q q 0 0 0 rg BT 435.89 153.75 Td (on ) Tj ET Q q 0 0 0 rg BT 449.44 153.75 Td (the ) Tj ET Q q 0 0 0 rg BT 465.77 153.75 Td (basis ) Tj ET Q q 0 0 0 rg BT 491.55 153.75 Td (of ) Tj ET Q q 0 0 0 rg BT 502.32 153.75 Td (the ) Tj ET Q q 0 0 0 rg BT 518.65 153.75 Td (relevance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 141.75 Td (of ) Tj ET Q q 0 0 0 rg BT 97.12 141.75 Td (our ) Tj ET Q q 0 0 0 rg BT 114.35 141.75 Td (advertising, ) Tj ET Q q 0 0 0 rg BT 168.27 141.75 Td (as ) Tj ET Q q 0 0 0 rg BT 181.61 141.75 Td (well ) Tj ET Q q 0 0 0 rg BT 201.61 141.75 Td (as ) Tj ET Q q 0 0 0 rg BT 214.95 141.75 Td (the ) Tj ET Q q 0 0 0 rg BT 231.63 141.75 Td (general ) Tj ET Q q 0 0 0 rg BT 267.77 141.75 Td (usefulness, ) Tj ET Q q 0 0 0 rg BT 321.13 141.75 Td (security ) Tj ET Q q 0 0 0 rg BT 358.36 141.75 Td (and ) Tj ET Q q 0 0 0 rg BT 377.83 141.75 Td (availability ) Tj ET Q q 0 0 0 rg BT 426.74 141.75 Td (of ) Tj ET Q q 0 0 0 rg BT 437.86 141.75 Td (our ) Tj ET Q q 0 0 0 rg BT 455.09 141.75 Td (products ) Tj ET Q q 0 0 0 rg BT 496.22 141.75 Td (and ) Tj ET Q q 0 0 0 rg BT 515.68 141.75 Td (services.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 123.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 123.75 Td (Advertisers, ) Tj ET Q q 0 0 0 rg BT 141.92 123.75 Td (primarily ) Tj ET Q q 0 0 0 rg BT 182.82 123.75 Td (based ) Tj ET Q q 0 0 0 rg BT 213.19 123.75 Td (on ) Tj ET Q q 0 0 0 rg BT 227.44 123.75 Td (our ) Tj ET Q q 0 0 0 rg BT 245.02 123.75 Td (ability ) Tj ET Q q 0 0 0 rg BT 273.71 123.75 Td (to ) Tj ET Q q 0 0 0 rg BT 285.18 123.75 Td (generate ) Tj ET Q q 0 0 0 rg BT 327.78 123.75 Td (sales ) Tj ET Q q 0 0 0 rg BT 354.25 123.75 Td (leads, ) Tj ET Q q 0 0 0 rg BT 384.06 123.75 Td (and ) Tj ET Q q 0 0 0 rg BT 403.87 123.75 Td (ultimately ) Tj ET Q q 0 0 0 rg BT 449.23 123.75 Td (customers, ) Tj ET Q q 0 0 0 rg BT 501.26 123.75 Td (and ) Tj ET Q q 0 0 0 rg BT 521.07 123.75 Td (to ) Tj ET Q q 0 0 0 rg BT 532.54 123.75 Td (deliver ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 111.75 Td (their ) Tj ET Q q 0 0 0 rg BT 108.23 111.75 Td (advertisements ) Tj ET Q q 0 0 0 rg BT 178.82 111.75 Td (in ) Tj ET Q q 0 0 0 rg BT 189.38 111.75 Td (an ) Tj ET Q q 0 0 0 rg BT 203.28 111.75 Td (ef) Tj ET Q q 0 0 0 rg BT 211.44 111.75 Td (ficient ) Tj ET Q q 0 0 0 rg BT 240.34 111.75 Td (and ) Tj ET Q q 0 0 0 rg BT 259.80 111.75 Td (ef) Tj ET Q q 0 0 0 rg BT 267.96 111.75 Td (fective ) Tj ET Q q 0 0 0 rg BT 299.64 111.75 Td (manner ) Tj ET Q q 0 0 0 rg BT 336.33 111.75 Td (across ) Tj ET Q q 0 0 0 rg BT 368.56 111.75 Td (a ) Tj ET Q q 0 0 0 rg BT 376.90 111.75 Td (variety ) Tj ET Q q 0 0 0 rg BT 409.13 111.75 Td (of ) Tj ET Q q 0 0 0 rg BT 420.25 111.75 Td (distribution ) Tj ET Q q 0 0 0 rg BT 471.39 111.75 Td (channels.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 93.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 93.75 Td (Content ) Tj ET Q q 0 0 0 rg BT 124.68 93.75 Td (providers, ) Tj ET Q q 0 0 0 rg BT 172.25 93.75 Td (primarily ) Tj ET Q q 0 0 0 rg BT 213.69 93.75 Td (based ) Tj ET Q q 0 0 0 rg BT 244.59 93.75 Td (on ) Tj ET Q q 0 0 0 rg BT 259.37 93.75 Td (the ) Tj ET Q q 0 0 0 rg BT 276.93 93.75 Td (quality ) Tj ET Q q 0 0 0 rg BT 309.50 93.75 Td (of ) Tj ET Q q 0 0 0 rg BT 321.50 93.75 Td (our ) Tj ET Q q 0 0 0 rg BT 339.61 93.75 Td (advertiser ) Tj ET Q q 0 0 0 rg BT 387.17 93.75 Td (base, ) Tj ET Q q 0 0 0 rg BT 415.29 93.75 Td (our ) Tj ET Q q 0 0 0 rg BT 433.41 93.75 Td (ability ) Tj ET Q q 0 0 0 rg BT 462.63 93.75 Td (to ) Tj ET Q q 0 0 0 rg BT 474.63 93.75 Td (help ) Tj ET Q q 0 0 0 rg BT 497.19 93.75 Td (these ) Tj ET Q q 0 0 0 rg BT 525.32 93.75 Td (partners ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 81.75 Td (generate ) Tj ET Q q 0 0 0 rg BT 128.26 81.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 172.17 81.75 Td (from ) Tj ET Q q 0 0 0 rg BT 194.95 81.75 Td (advertising, ) Tj ET Q q 0 0 0 rg BT 248.87 81.75 Td (and ) Tj ET Q q 0 0 0 rg BT 268.33 81.75 Td (the ) Tj ET Q q 0 0 0 rg BT 285.01 81.75 Td (terms ) Tj ET Q q 0 0 0 rg BT 312.79 81.75 Td (of ) Tj ET Q q 0 0 0 rg BT 323.91 81.75 Td (our ) Tj ET Q q 0 0 0 rg BT 341.14 81.75 Td (agreements ) Tj ET Q q 0 0 0 rg BT 396.72 81.75 Td (with ) Tj ET Q q 0 0 0 rg BT 417.28 81.75 Td (them.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 63.75 Td (Intellectual ) Tj ET Q q 0 0 0 rg BT 105.01 63.75 Td (Property) Tj ET Q endstream endobj 19 0 obj <>] /Rotate 0 /Contents 20 0 R>> endobj 20 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 53 767.11455078125 m 123.04443359375 767.11455078125 l s q 0 0 1 rg BT 53.00 768.40 Td (T) Tj ET Q q 0 0 1 rg BT 57.50 768.40 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.396078431372549 0.396078431372549 0.396078431372549 rg BT 500.45 768.40 Td (Alphabet Inc.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.20 31.25 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 741.75 Td (W) Tj ET Q q 0 0 0 rg BT 81.76 741.75 Td (e ) Tj ET Q q 0 0 0 rg BT 89.74 741.75 Td (rely ) Tj ET Q q 0 0 0 rg BT 108.27 741.75 Td (on ) Tj ET Q q 0 0 0 rg BT 121.82 741.75 Td (various ) Tj ET Q q 0 0 0 rg BT 156.47 741.75 Td (intellectual ) Tj ET Q q 0 0 0 rg BT 206.15 741.75 Td (property ) Tj ET Q q 0 0 0 rg BT 245.25 741.75 Td (laws, ) Tj ET Q q 0 0 0 rg BT 270.45 741.75 Td (confidentiality ) Tj ET Q q 0 0 0 rg BT 333.46 741.75 Td (procedures ) Tj ET Q q 0 0 0 rg BT 385.91 741.75 Td (and ) Tj ET Q q 0 0 0 rg BT 405.02 741.75 Td (contractual ) Tj ET Q q 0 0 0 rg BT 456.36 741.75 Td (provisions ) Tj ET Q q 0 0 0 rg BT 503.80 741.75 Td (to ) Tj ET Q q 0 0 0 rg BT 514.56 741.75 Td (protect ) Tj ET Q q 0 0 0 rg BT 547.55 741.75 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 729.75 Td (proprietary ) Tj ET Q q 0 0 0 rg BT 100.73 729.75 Td (technology ) Tj ET Q q 0 0 0 rg BT 152.03 729.75 Td (and ) Tj ET Q q 0 0 0 rg BT 171.64 729.75 Td (our ) Tj ET Q q 0 0 0 rg BT 189.03 729.75 Td (brand. ) Tj ET Q q 0 0 0 rg BT 220.31 729.75 Td (W) Tj ET Q q 0 0 0 rg BT 229.57 729.75 Td (e ) Tj ET Q q 0 0 0 rg BT 238.06 729.75 Td (have ) Tj ET Q q 0 0 0 rg BT 262.67 729.75 Td (registered, ) Tj ET Q q 0 0 0 rg BT 312.85 729.75 Td (and ) Tj ET Q q 0 0 0 rg BT 332.47 729.75 Td (applied ) Tj ET Q q 0 0 0 rg BT 367.65 729.75 Td (for ) Tj ET Q q 0 0 0 rg BT 382.25 729.75 Td (the ) Tj ET Q q 0 0 0 rg BT 399.08 729.75 Td (registration ) Tj ET Q q 0 0 0 rg BT 451.48 729.75 Td (of, ) Tj ET Q q 0 0 0 rg BT 465.52 729.75 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 487.90 729.75 Td (and ) Tj ET Q q 0 0 0 rg BT 507.52 729.75 Td (international ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 717.75 Td (trademarks, ) Tj ET Q q 0 0 0 rg BT 106.42 717.75 Td (service ) Tj ET Q q 0 0 0 rg BT 141.73 717.75 Td (marks, ) Tj ET Q q 0 0 0 rg BT 175.35 717.75 Td (domain ) Tj ET Q q 0 0 0 rg BT 211.78 717.75 Td (names ) Tj ET Q q 0 0 0 rg BT 245.42 717.75 Td (and ) Tj ET Q q 0 0 0 rg BT 265.74 717.75 Td (copyrights. ) Tj ET Q q 0 0 0 rg BT 317.72 717.75 Td (W) Tj ET Q q 0 0 0 rg BT 326.98 717.75 Td (e ) Tj ET Q q 0 0 0 rg BT 336.17 717.75 Td (have ) Tj ET Q q 0 0 0 rg BT 361.48 717.75 Td (also ) Tj ET Q q 0 0 0 rg BT 383.46 717.75 Td (filed ) Tj ET Q q 0 0 0 rg BT 405.43 717.75 Td (patent ) Tj ET Q q 0 0 0 rg BT 436.86 717.75 Td (applications ) Tj ET Q q 0 0 0 rg BT 493.30 717.75 Td (in ) Tj ET Q q 0 0 0 rg BT 504.72 717.75 Td (the ) Tj ET Q q 0 0 0 rg BT 522.25 717.75 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 545.32 717.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 705.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 83.00 705.75 Td (countries ) Tj ET Q q 0 0 0 rg BT 126.00 705.75 Td (covering ) Tj ET Q q 0 0 0 rg BT 166.21 705.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 198.65 705.75 Td (of ) Tj ET Q q 0 0 0 rg BT 209.41 705.75 Td (our ) Tj ET Q q 0 0 0 rg BT 226.29 705.75 Td (technology) Tj ET Q q 0 0 0 rg BT 273.91 705.75 Td (, ) Tj ET Q q 0 0 0 rg BT 279.11 705.75 Td (and ) Tj ET Q q 0 0 0 rg BT 298.22 705.75 Td (acquired ) Tj ET Q q 0 0 0 rg BT 339.00 705.75 Td (patent ) Tj ET Q q 0 0 0 rg BT 369.22 705.75 Td (assets ) Tj ET Q q 0 0 0 rg BT 400.55 705.75 Td (to ) Tj ET Q q 0 0 0 rg BT 411.31 705.75 Td (supplement ) Tj ET Q q 0 0 0 rg BT 465.43 705.75 Td (our ) Tj ET Q q 0 0 0 rg BT 482.30 705.75 Td (portfolio. ) Tj ET Q q 0 0 0 rg BT 523.08 705.75 Td (W) Tj ET Q q 0 0 0 rg BT 532.34 705.75 Td (e ) Tj ET Q q 0 0 0 rg BT 540.32 705.75 Td (have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 693.75 Td (licensed ) Tj ET Q q 0 0 0 rg BT 89.47 693.75 Td (in ) Tj ET Q q 0 0 0 rg BT 100.03 693.75 Td (the ) Tj ET Q q 0 0 0 rg BT 116.71 693.75 Td (past, ) Tj ET Q q 0 0 0 rg BT 141.17 693.75 Td (and ) Tj ET Q q 0 0 0 rg BT 160.63 693.75 Td (expect ) Tj ET Q q 0 0 0 rg BT 192.87 693.75 Td (that ) Tj ET Q q 0 0 0 rg BT 212.33 693.75 Td (we ) Tj ET Q q 0 0 0 rg BT 227.89 693.75 Td (may ) Tj ET Q q 0 0 0 rg BT 249.56 693.75 Td (license ) Tj ET Q q 0 0 0 rg BT 283.47 693.75 Td (in ) Tj ET Q q 0 0 0 rg BT 294.03 693.75 Td (the ) Tj ET Q q 0 0 0 rg BT 310.71 693.75 Td (future, ) Tj ET Q q 0 0 0 rg BT 341.84 693.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 374.63 693.75 Td (of ) Tj ET Q q 0 0 0 rg BT 385.75 693.75 Td (our ) Tj ET Q q 0 0 0 rg BT 402.98 693.75 Td (rights ) Tj ET Q q 0 0 0 rg BT 430.21 693.75 Td (to ) Tj ET Q q 0 0 0 rg BT 441.33 693.75 Td (other ) Tj ET Q q 0 0 0 rg BT 466.90 693.75 Td (parties.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 675.75 Td (Culture ) Tj ET Q q 0 0 0 rg BT 87.78 675.75 Td (and ) Tj ET Q q 0 0 0 rg BT 108.33 675.75 Td (Employees) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 657.75 Td (W) Tj ET Q q 0 0 0 rg BT 81.76 657.75 Td (e ) Tj ET Q q 0 0 0 rg BT 89.76 657.75 Td (take ) Tj ET Q q 0 0 0 rg BT 111.10 657.75 Td (great ) Tj ET Q q 0 0 0 rg BT 136.33 657.75 Td (pride ) Tj ET Q q 0 0 0 rg BT 161.00 657.75 Td (in ) Tj ET Q q 0 0 0 rg BT 171.22 657.75 Td (our ) Tj ET Q q 0 0 0 rg BT 188.11 657.75 Td (culture. ) Tj ET Q q 0 0 0 rg BT 223.35 657.75 Td (W) Tj ET Q q 0 0 0 rg BT 232.60 657.75 Td (e ) Tj ET Q q 0 0 0 rg BT 240.60 657.75 Td (embrace ) Tj ET Q q 0 0 0 rg BT 281.95 657.75 Td (collaboration ) Tj ET Q q 0 0 0 rg BT 341.09 657.75 Td (and ) Tj ET Q q 0 0 0 rg BT 360.21 657.75 Td (creativity) Tj ET Q q 0 0 0 rg BT 398.92 657.75 Td (, ) Tj ET Q q 0 0 0 rg BT 404.14 657.75 Td (and ) Tj ET Q q 0 0 0 rg BT 423.26 657.75 Td (encourage ) Tj ET Q q 0 0 0 rg BT 472.96 657.75 Td (the ) Tj ET Q q 0 0 0 rg BT 489.30 657.75 Td (iteration ) Tj ET Q q 0 0 0 rg BT 527.31 657.75 Td (of ) Tj ET Q q 0 0 0 rg BT 538.09 657.75 Td (ideas ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 645.75 Td (to ) Tj ET Q q 0 0 0 rg BT 61.29 645.75 Td (address ) Tj ET Q q 0 0 0 rg BT 99.81 645.75 Td (complex ) Tj ET Q q 0 0 0 rg BT 139.99 645.75 Td (technical ) Tj ET Q q 0 0 0 rg BT 182.40 645.75 Td (challenges. ) Tj ET Q q 0 0 0 rg BT 235.75 645.75 Td (T) Tj ET Q q 0 0 0 rg BT 241.48 645.75 Td (ransparency ) Tj ET Q q 0 0 0 rg BT 299.46 645.75 Td (and ) Tj ET Q q 0 0 0 rg BT 319.09 645.75 Td (open ) Tj ET Q q 0 0 0 rg BT 344.28 645.75 Td (dialogue ) Tj ET Q q 0 0 0 rg BT 385.04 645.75 Td (are ) Tj ET Q q 0 0 0 rg BT 402.44 645.75 Td (central ) Tj ET Q q 0 0 0 rg BT 435.40 645.75 Td (to ) Tj ET Q q 0 0 0 rg BT 446.68 645.75 Td (how ) Tj ET Q q 0 0 0 rg BT 467.97 645.75 Td (we ) Tj ET Q q 0 0 0 rg BT 483.70 645.75 Td (work, ) Tj ET Q q 0 0 0 rg BT 510.54 645.75 Td (and ) Tj ET Q q 0 0 0 rg BT 530.17 645.75 Td (we ) Tj ET Q q 0 0 0 rg BT 545.89 645.75 Td (aim ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 633.75 Td (to ) Tj ET Q q 0 0 0 rg BT 61.12 633.75 Td (ensure ) Tj ET Q q 0 0 0 rg BT 94.47 633.75 Td (that ) Tj ET Q q 0 0 0 rg BT 113.93 633.75 Td (company ) Tj ET Q q 0 0 0 rg BT 157.29 633.75 Td (news ) Tj ET Q q 0 0 0 rg BT 183.41 633.75 Td (reaches ) Tj ET Q q 0 0 0 rg BT 221.76 633.75 Td (our ) Tj ET Q q 0 0 0 rg BT 238.99 633.75 Td (employees ) Tj ET Q q 0 0 0 rg BT 290.13 633.75 Td (first ) Tj ET Q q 0 0 0 rg BT 309.02 633.75 Td (through ) Tj ET Q q 0 0 0 rg BT 345.71 633.75 Td (internal ) Tj ET Q q 0 0 0 rg BT 381.29 633.75 Td (channels.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 615.75 Td (Despite ) Tj ET Q q 0 0 0 rg BT 109.40 615.75 Td (our ) Tj ET Q q 0 0 0 rg BT 126.85 615.75 Td (rapid ) Tj ET Q q 0 0 0 rg BT 152.09 615.75 Td (growth, ) Tj ET Q q 0 0 0 rg BT 187.88 615.75 Td (we ) Tj ET Q q 0 0 0 rg BT 203.65 615.75 Td (still ) Tj ET Q q 0 0 0 rg BT 221.09 615.75 Td (cherish ) Tj ET Q q 0 0 0 rg BT 256.33 615.75 Td (our ) Tj ET Q q 0 0 0 rg BT 273.78 615.75 Td (roots ) Tj ET Q q 0 0 0 rg BT 299.01 615.75 Td (as ) Tj ET Q q 0 0 0 rg BT 312.56 615.75 Td (a ) Tj ET Q q 0 0 0 rg BT 321.12 615.75 Td (startup ) Tj ET Q q 0 0 0 rg BT 354.69 615.75 Td (and ) Tj ET Q q 0 0 0 rg BT 374.37 615.75 Td (wherever ) Tj ET Q q 0 0 0 rg BT 418.50 615.75 Td (possible ) Tj ET Q q 0 0 0 rg BT 458.18 615.75 Td (empower ) Tj ET Q q 0 0 0 rg BT 502.31 615.75 Td (employees ) Tj ET Q q 0 0 0 rg BT 553.66 615.75 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 603.75 Td (act ) Tj ET Q q 0 0 0 rg BT 66.93 603.75 Td (on ) Tj ET Q q 0 0 0 rg BT 81.65 603.75 Td (great ) Tj ET Q q 0 0 0 rg BT 108.03 603.75 Td (ideas ) Tj ET Q q 0 0 0 rg BT 135.53 603.75 Td (regardless ) Tj ET Q q 0 0 0 rg BT 185.81 603.75 Td (of ) Tj ET Q q 0 0 0 rg BT 197.75 603.75 Td (their ) Tj ET Q q 0 0 0 rg BT 220.79 603.75 Td (role ) Tj ET Q q 0 0 0 rg BT 241.06 603.75 Td (or ) Tj ET Q q 0 0 0 rg BT 253.54 603.75 Td (function ) Tj ET Q q 0 0 0 rg BT 292.16 603.75 Td (within ) Tj ET Q q 0 0 0 rg BT 321.32 603.75 Td (the ) Tj ET Q q 0 0 0 rg BT 338.81 603.75 Td (company) Tj ET Q q 0 0 0 rg BT 378.64 603.75 Td (. ) Tj ET Q q 0 0 0 rg BT 385.02 603.75 Td (W) Tj ET Q q 0 0 0 rg BT 394.27 603.75 Td (e ) Tj ET Q q 0 0 0 rg BT 403.43 603.75 Td (strive ) Tj ET Q q 0 0 0 rg BT 430.91 603.75 Td (to ) Tj ET Q q 0 0 0 rg BT 442.84 603.75 Td (hire ) Tj ET Q q 0 0 0 rg BT 463.11 603.75 Td (great ) Tj ET Q q 0 0 0 rg BT 489.50 603.75 Td (employees, ) Tj ET Q q 0 0 0 rg BT 544.23 603.75 Td (with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 591.75 Td (backgrounds ) Tj ET Q q 0 0 0 rg BT 110.61 591.75 Td (and ) Tj ET Q q 0 0 0 rg BT 130.64 591.75 Td (perspectives ) Tj ET Q q 0 0 0 rg BT 190.13 591.75 Td (as ) Tj ET Q q 0 0 0 rg BT 204.04 591.75 Td (diverse ) Tj ET Q q 0 0 0 rg BT 239.62 591.75 Td (as ) Tj ET Q q 0 0 0 rg BT 253.53 591.75 Td (those ) Tj ET Q q 0 0 0 rg BT 281.34 591.75 Td (of ) Tj ET Q q 0 0 0 rg BT 293.03 591.75 Td (our ) Tj ET Q q 0 0 0 rg BT 310.83 591.75 Td (global ) Tj ET Q q 0 0 0 rg BT 340.87 591.75 Td (users. ) Tj ET Q q 0 0 0 rg BT 371.45 591.75 Td (W) Tj ET Q q 0 0 0 rg BT 380.71 591.75 Td (e ) Tj ET Q q 0 0 0 rg BT 389.62 591.75 Td (work ) Tj ET Q q 0 0 0 rg BT 414.08 591.75 Td (to ) Tj ET Q q 0 0 0 rg BT 425.77 591.75 Td (provide ) Tj ET Q q 0 0 0 rg BT 461.91 591.75 Td (an ) Tj ET Q q 0 0 0 rg BT 476.38 591.75 Td (environment ) Tj ET Q q 0 0 0 rg BT 534.76 591.75 Td (where ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 579.75 Td (these ) Tj ET Q q 0 0 0 rg BT 76.70 579.75 Td (talented ) Tj ET Q q 0 0 0 rg BT 114.52 579.75 Td (people ) Tj ET Q q 0 0 0 rg BT 146.78 579.75 Td (can ) Tj ET Q q 0 0 0 rg BT 165.14 579.75 Td (have ) Tj ET Q q 0 0 0 rg BT 189.06 579.75 Td (fulfilling ) Tj ET Q q 0 0 0 rg BT 224.64 579.75 Td (careers ) Tj ET Q q 0 0 0 rg BT 260.22 579.75 Td (addressing ) Tj ET Q q 0 0 0 rg BT 311.38 579.75 Td (some ) Tj ET Q q 0 0 0 rg BT 338.06 579.75 Td (of ) Tj ET Q q 0 0 0 rg BT 348.64 579.75 Td (the ) Tj ET Q q 0 0 0 rg BT 364.77 579.75 Td (biggest ) Tj ET Q q 0 0 0 rg BT 399.25 579.75 Td (challenges ) Tj ET Q q 0 0 0 rg BT 449.30 579.75 Td (in ) Tj ET Q q 0 0 0 rg BT 459.32 579.75 Td (technology ) Tj ET Q q 0 0 0 rg BT 509.92 579.75 Td (and ) Tj ET Q q 0 0 0 rg BT 528.84 579.75 Td (society) Tj ET Q q 0 0 0 rg BT 559.22 579.75 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 561.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 92.63 561.75 Td (employees ) Tj ET Q q 0 0 0 rg BT 144.46 561.75 Td (are ) Tj ET Q q 0 0 0 rg BT 162.38 561.75 Td (among ) Tj ET Q q 0 0 0 rg BT 196.42 561.75 Td (our ) Tj ET Q q 0 0 0 rg BT 214.34 561.75 Td (best ) Tj ET Q q 0 0 0 rg BT 236.70 561.75 Td (assets ) Tj ET Q q 0 0 0 rg BT 269.07 561.75 Td (and ) Tj ET Q q 0 0 0 rg BT 289.22 561.75 Td (are ) Tj ET Q q 0 0 0 rg BT 307.14 561.75 Td (critical ) Tj ET Q q 0 0 0 rg BT 338.94 561.75 Td (for ) Tj ET Q q 0 0 0 rg BT 354.07 561.75 Td (our ) Tj ET Q q 0 0 0 rg BT 371.99 561.75 Td (continued ) Tj ET Q q 0 0 0 rg BT 418.82 561.75 Td (success. ) Tj ET Q q 0 0 0 rg BT 461.19 561.75 Td (W) Tj ET Q q 0 0 0 rg BT 470.45 561.75 Td (e ) Tj ET Q q 0 0 0 rg BT 479.47 561.75 Td (expect ) Tj ET Q q 0 0 0 rg BT 512.40 561.75 Td (to ) Tj ET Q q 0 0 0 rg BT 524.21 561.75 Td (continue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 549.75 Td (investing ) Tj ET Q q 0 0 0 rg BT 92.81 549.75 Td (in ) Tj ET Q q 0 0 0 rg BT 103.94 549.75 Td (hiring ) Tj ET Q q 0 0 0 rg BT 131.74 549.75 Td (talented ) Tj ET Q q 0 0 0 rg BT 170.68 549.75 Td (employees ) Tj ET Q q 0 0 0 rg BT 222.38 549.75 Td (and ) Tj ET Q q 0 0 0 rg BT 242.41 549.75 Td (to ) Tj ET Q q 0 0 0 rg BT 254.10 549.75 Td (provide ) Tj ET Q q 0 0 0 rg BT 290.24 549.75 Td (competitive ) Tj ET Q q 0 0 0 rg BT 344.16 549.75 Td (compensation ) Tj ET Q q 0 0 0 rg BT 409.77 549.75 Td (programs ) Tj ET Q q 0 0 0 rg BT 455.35 549.75 Td (to ) Tj ET Q q 0 0 0 rg BT 467.03 549.75 Td (our ) Tj ET Q q 0 0 0 rg BT 484.83 549.75 Td (employees. ) Tj ET Q q 0 0 0 rg BT 538.65 549.75 Td (As ) Tj ET Q q 0 0 0 rg BT 553.66 549.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 537.75 Td (December?1, ) Tj ET Q q 0 0 0 rg BT 115.96 537.75 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.21 537.75 Td (, ) Tj ET Q q 0 0 0 rg BT 144.15 537.75 Td (we ) Tj ET Q q 0 0 0 rg BT 160.09 537.75 Td (had ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.93 537.75 Td (1) Tj ET Q q 0 0 0 rg BT 184.75 537.75 Td (18,899) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.33 537.75 Td ( ) Tj ET Q q 0 0 0 rg BT 218.49 537.75 Td (full-time ) Tj ET Q q 0 0 0 rg BT 256.65 537.75 Td (employees. ) Tj ET Q q 0 0 0 rg BT 310.32 537.75 Td (Although ) Tj ET Q q 0 0 0 rg BT 352.95 537.75 Td (we ) Tj ET Q q 0 0 0 rg BT 368.89 537.75 Td (have ) Tj ET Q q 0 0 0 rg BT 393.73 537.75 Td (work ) Tj ET Q q 0 0 0 rg BT 418.00 537.75 Td (councils ) Tj ET Q q 0 0 0 rg BT 457.29 537.75 Td (and ) Tj ET Q q 0 0 0 rg BT 477.13 537.75 Td (statutory ) Tj ET Q q 0 0 0 rg BT 518.64 537.75 Td (employee ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 525.75 Td (representation ) Tj ET Q q 0 0 0 rg BT 116.34 525.75 Td (obligations ) Tj ET Q q 0 0 0 rg BT 166.56 525.75 Td (in ) Tj ET Q q 0 0 0 rg BT 176.76 525.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 209.18 525.75 Td (countries, ) Tj ET Q q 0 0 0 rg BT 254.95 525.75 Td (our ) Tj ET Q q 0 0 0 rg BT 271.81 525.75 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 293.67 525.75 Td (employees ) Tj ET Q q 0 0 0 rg BT 344.44 525.75 Td (are ) Tj ET Q q 0 0 0 rg BT 361.31 525.75 Td (not ) Tj ET Q q 0 0 0 rg BT 377.62 525.75 Td (represented ) Tj ET Q q 0 0 0 rg BT 433.40 525.75 Td (by ) Tj ET Q q 0 0 0 rg BT 446.37 525.75 Td (a ) Tj ET Q q 0 0 0 rg BT 454.34 525.75 Td (labor ) Tj ET Q q 0 0 0 rg BT 478.99 525.75 Td (union. ) Tj ET Q q 0 0 0 rg BT 508.65 525.75 Td (Competition ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 513.75 Td (for ) Tj ET Q q 0 0 0 rg BT 65.01 513.75 Td (qualified ) Tj ET Q q 0 0 0 rg BT 105.60 513.75 Td (personnel ) Tj ET Q q 0 0 0 rg BT 152.86 513.75 Td (in ) Tj ET Q q 0 0 0 rg BT 163.98 513.75 Td (our ) Tj ET Q q 0 0 0 rg BT 181.78 513.75 Td (industry ) Tj ET Q q 0 0 0 rg BT 220.13 513.75 Td (is ) Tj ET Q q 0 0 0 rg BT 230.69 513.75 Td (intense, ) Tj ET Q q 0 0 0 rg BT 269.06 513.75 Td (particularly ) Tj ET Q q 0 0 0 rg BT 320.75 513.75 Td (for ) Tj ET Q q 0 0 0 rg BT 335.76 513.75 Td (software ) Tj ET Q q 0 0 0 rg BT 376.89 513.75 Td (engineers, ) Tj ET Q q 0 0 0 rg BT 426.93 513.75 Td (computer ) Tj ET Q q 0 0 0 rg BT 471.95 513.75 Td (scientists, ) Tj ET Q q 0 0 0 rg BT 519.19 513.75 Td (and ) Tj ET Q q 0 0 0 rg BT 539.22 513.75 Td (other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 501.75 Td (technical ) Tj ET Q q 0 0 0 rg BT 92.25 501.75 Td (staf) Tj ET Q q 0 0 0 rg BT 108.18 501.75 Td (f.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 483.75 Td (Ongoing ) Tj ET Q q 0 0 0 rg BT 93.88 483.75 Td (Commitment ) Tj ET Q q 0 0 0 rg BT 157.77 483.75 Td (to ) Tj ET Q q 0 0 0 rg BT 169.99 483.75 Td (Sustainability) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 465.75 Td (W) Tj ET Q q 0 0 0 rg BT 81.76 465.75 Td (e ) Tj ET Q q 0 0 0 rg BT 91.81 465.75 Td (strive ) Tj ET Q q 0 0 0 rg BT 120.20 465.75 Td (to ) Tj ET Q q 0 0 0 rg BT 133.03 465.75 Td (build ) Tj ET Q q 0 0 0 rg BT 158.65 465.75 Td (sustainability ) Tj ET Q q 0 0 0 rg BT 220.39 465.75 Td (into ) Tj ET Q q 0 0 0 rg BT 241.01 465.75 Td (everything ) Tj ET Q q 0 0 0 rg BT 291.64 465.75 Td (we ) Tj ET Q q 0 0 0 rg BT 308.92 465.75 Td (do ) Tj ET Q q 0 0 0 rg BT 324.53 465.75 Td (from ) Tj ET Q q 0 0 0 rg BT 349.02 465.75 Td (designing ) Tj ET Q q 0 0 0 rg BT 396.33 465.75 Td (and ) Tj ET Q q 0 0 0 rg BT 417.51 465.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 463.70 465.75 Td (ef) Tj ET Q q 0 0 0 rg BT 471.86 465.75 Td (ficient ) Tj ET Q q 0 0 0 rg BT 502.47 465.75 Td (data ) Tj ET Q q 0 0 0 rg BT 526.43 465.75 Td (centers, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 453.75 Td (advancing ) Tj ET Q q 0 0 0 rg BT 99.15 453.75 Td (carbon-free ) Tj ET Q q 0 0 0 rg BT 153.85 453.75 Td (energy) Tj ET Q q 0 0 0 rg BT 183.68 453.75 Td (, ) Tj ET Q q 0 0 0 rg BT 190.02 453.75 Td (creating ) Tj ET Q q 0 0 0 rg BT 229.15 453.75 Td (sustainable ) Tj ET Q q 0 0 0 rg BT 283.30 453.75 Td (workplaces, ) Tj ET Q q 0 0 0 rg BT 339.66 453.75 Td (building ) Tj ET Q q 0 0 0 rg BT 377.69 453.75 Td (better ) Tj ET Q q 0 0 0 rg BT 406.82 453.75 Td (devices ) Tj ET Q q 0 0 0 rg BT 444.28 453.75 Td (and ) Tj ET Q q 0 0 0 rg BT 464.53 453.75 Td (services, ) Tj ET Q q 0 0 0 rg BT 507.54 453.75 Td (empowering ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 441.75 Td (users ) Tj ET Q q 0 0 0 rg BT 77.14 441.75 Td (with ) Tj ET Q q 0 0 0 rg BT 97.62 441.75 Td (technology) Tj ET Q q 0 0 0 rg BT 145.25 441.75 Td (, ) Tj ET Q q 0 0 0 rg BT 150.72 441.75 Td (and ) Tj ET Q q 0 0 0 rg BT 170.09 441.75 Td (enabling ) Tj ET Q q 0 0 0 rg BT 210.60 441.75 Td (a ) Tj ET Q q 0 0 0 rg BT 218.85 441.75 Td (responsible ) Tj ET Q q 0 0 0 rg BT 272.68 441.75 Td (supply ) Tj ET Q q 0 0 0 rg BT 304.28 441.75 Td (chain. ) Tj ET Q q 0 0 0 rg BT 333.66 441.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 368.59 441.75 Td (has ) Tj ET Q q 0 0 0 rg BT 387.41 441.75 Td (been ) Tj ET Q q 0 0 0 rg BT 412.35 441.75 Td (carbon ) Tj ET Q q 0 0 0 rg BT 445.61 441.75 Td (neutral ) Tj ET Q q 0 0 0 rg BT 478.88 441.75 Td (since ) Tj ET Q q 0 0 0 rg BT 504.92 441.75 Td (2007 ) Tj ET Q q 0 0 0 rg BT 529.85 441.75 Td (and ) Tj ET Q q 0 0 0 rg BT 549.23 441.75 Td (we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 429.75 Td (are ) Tj ET Q q 0 0 0 rg BT 67.51 429.75 Td (the ) Tj ET Q q 0 0 0 rg BT 84.47 429.75 Td (largest ) Tj ET Q q 0 0 0 rg BT 117.55 429.75 Td (corporate ) Tj ET Q q 0 0 0 rg BT 162.85 429.75 Td (purchaser ) Tj ET Q q 0 0 0 rg BT 210.38 429.75 Td (of ) Tj ET Q q 0 0 0 rg BT 221.78 429.75 Td (renewable ) Tj ET Q q 0 0 0 rg BT 270.98 429.75 Td (energy ) Tj ET Q q 0 0 0 rg BT 304.61 429.75 Td (in ) Tj ET Q q 0 0 0 rg BT 315.46 429.75 Td (the ) Tj ET Q q 0 0 0 rg BT 332.42 429.75 Td (world. ) Tj ET Q q 0 0 0 rg BT 362.15 429.75 Td (In ) Tj ET Q q 0 0 0 rg BT 373.55 429.75 Td (2018, ) Tj ET Q q 0 0 0 rg BT 401.63 429.75 Td (for ) Tj ET Q q 0 0 0 rg BT 416.36 429.75 Td (the ) Tj ET Q q 0 0 0 rg BT 433.32 429.75 Td (second ) Tj ET Q q 0 0 0 rg BT 468.63 429.75 Td (consecutive ) Tj ET Q q 0 0 0 rg BT 524.49 429.75 Td (year) Tj ET Q q 0 0 0 rg BT 543.40 429.75 Td (, ) Tj ET Q q 0 0 0 rg BT 549.23 429.75 Td (we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 417.75 Td (matched ) Tj ET Q q 0 0 0 rg BT 90.17 417.75 Td (100% ) Tj ET Q q 0 0 0 rg BT 117.57 417.75 Td (of ) Tj ET Q q 0 0 0 rg BT 127.73 417.75 Td (our ) Tj ET Q q 0 0 0 rg BT 144.00 417.75 Td (electricity ) Tj ET Q q 0 0 0 rg BT 187.50 417.75 Td (consumption ) Tj ET Q q 0 0 0 rg BT 246.01 417.75 Td (with ) Tj ET Q q 0 0 0 rg BT 265.62 417.75 Td (renewable ) Tj ET Q q 0 0 0 rg BT 313.58 417.75 Td (energy ) Tj ET Q q 0 0 0 rg BT 345.97 417.75 Td (purchases, ) Tj ET Q q 0 0 0 rg BT 396.71 417.75 Td (as ) Tj ET Q q 0 0 0 rg BT 409.09 417.75 Td (reported ) Tj ET Q q 0 0 0 rg BT 448.16 417.75 Td (in ) Tj ET Q q 0 0 0 rg BT 457.76 417.75 Td (our ) Tj ET Q q 0 0 0 rg BT 474.03 417.75 Td (2019 ) Tj ET Q q 0 0 0 rg BT 498.10 417.75 Td (Environmental ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 405.75 Td (Report. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 387.75 Td (Some ) Tj ET Q q 0 0 0 rg BT 101.40 387.75 Td (other ) Tj ET Q q 0 0 0 rg BT 126.97 387.75 Td (2019 ) Tj ET Q q 0 0 0 rg BT 152.00 387.75 Td (highlights ) Tj ET Q q 0 0 0 rg BT 197.03 387.75 Td (and ) Tj ET Q q 0 0 0 rg BT 216.49 387.75 Td (achievements ) Tj ET Q q 0 0 0 rg BT 280.97 387.75 Td (include:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 369.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 369.75 Td (W) Tj ET Q q 0 0 0 rg BT 95.26 369.75 Td (e ) Tj ET Q q 0 0 0 rg BT 102.69 369.75 Td (made ) Tj ET Q q 0 0 0 rg BT 129.58 369.75 Td (our ) Tj ET Q q 0 0 0 rg BT 145.91 369.75 Td (largest ) Tj ET Q q 0 0 0 rg BT 177.80 369.75 Td (corporate ) Tj ET Q q 0 0 0 rg BT 221.92 369.75 Td (purchase ) Tj ET Q q 0 0 0 rg BT 264.94 369.75 Td (of ) Tj ET Q q 0 0 0 rg BT 275.15 369.75 Td (renewable ) Tj ET Q q 0 0 0 rg BT 323.17 369.75 Td (energy: ) Tj ET Q q 0 0 0 rg BT 358.40 369.75 Td (18 ) Tj ET Q q 0 0 0 rg BT 371.40 369.75 Td (new ) Tj ET Q q 0 0 0 rg BT 391.62 369.75 Td (energy ) Tj ET Q q 0 0 0 rg BT 424.07 369.75 Td (deals ) Tj ET Q q 0 0 0 rg BT 449.85 369.75 Td (totaling ) Tj ET Q q 0 0 0 rg BT 483.97 369.75 Td (1,600 ) Tj ET Q q 0 0 0 rg BT 510.87 369.75 Td (megawatts, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 357.75 Td (which ) Tj ET Q q 0 0 0 rg BT 114.34 357.75 Td (is ) Tj ET Q q 0 0 0 rg BT 124.34 357.75 Td (anticipated ) Tj ET Q q 0 0 0 rg BT 175.49 357.75 Td (to ) Tj ET Q q 0 0 0 rg BT 186.61 357.75 Td (spur ) Tj ET Q q 0 0 0 rg BT 208.84 357.75 Td (the ) Tj ET Q q 0 0 0 rg BT 225.52 357.75 Td (construction ) Tj ET Q q 0 0 0 rg BT 282.22 357.75 Td (of ) Tj ET Q q 0 0 0 rg BT 293.33 357.75 Td (more ) Tj ET Q q 0 0 0 rg BT 318.90 357.75 Td (than ) Tj ET Q q 0 0 0 rg BT 341.14 357.75 Td ($2 ) Tj ET Q q 0 0 0 rg BT 355.04 357.75 Td (billion ) Tj ET Q q 0 0 0 rg BT 383.39 357.75 Td (in ) Tj ET Q q 0 0 0 rg BT 393.95 357.75 Td (new ) Tj ET Q q 0 0 0 rg BT 415.07 357.75 Td (energy ) Tj ET Q q 0 0 0 rg BT 448.43 357.75 Td (infrastructure.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 339.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 339.75 Td (100% ) Tj ET Q q 0 0 0 rg BT 114.99 339.75 Td (of ) Tj ET Q q 0 0 0 rg BT 126.75 339.75 Td (Nest ) Tj ET Q q 0 0 0 rg BT 150.73 339.75 Td (products ) Tj ET Q q 0 0 0 rg BT 192.50 339.75 Td (launched ) Tj ET Q q 0 0 0 rg BT 236.51 339.75 Td (in ) Tj ET Q q 0 0 0 rg BT 247.71 339.75 Td (2019 ) Tj ET Q q 0 0 0 rg BT 273.37 339.75 Td (include ) Tj ET Q q 0 0 0 rg BT 308.48 339.75 Td (recycled ) Tj ET Q q 0 0 0 rg BT 349.14 339.75 Td (plastic ) Tj ET Q q 0 0 0 rg BT 380.90 339.75 Td (content ) Tj ET Q q 0 0 0 rg BT 417.12 339.75 Td (and ) Tj ET Q q 0 0 0 rg BT 437.22 339.75 Td (we ) Tj ET Q q 0 0 0 rg BT 453.42 339.75 Td (launched ) Tj ET Q q 0 0 0 rg BT 497.43 339.75 Td (carbon ) Tj ET Q q 0 0 0 rg BT 531.42 339.75 Td (neutral ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 327.75 Td (shipping ) Tj ET Q q 0 0 0 rg BT 125.77 327.75 Td (for ) Tj ET Q q 0 0 0 rg BT 139.96 327.75 Td (Google? Tj ET Q q 0 0 0 rg BT 174.25 327.75 Td (s ) Tj ET Q q 0 0 0 rg BT 181.77 327.75 Td (direct ) Tj ET Q q 0 0 0 rg BT 208.75 327.75 Td (customers ) Tj ET Q q 0 0 0 rg BT 257.39 327.75 Td (who ) Tj ET Q q 0 0 0 rg BT 278.26 327.75 Td (buy ) Tj ET Q q 0 0 0 rg BT 296.91 327.75 Td (a ) Tj ET Q q 0 0 0 rg BT 304.99 327.75 Td (product ) Tj ET Q q 0 0 0 rg BT 340.87 327.75 Td (on ) Tj ET Q q 0 0 0 rg BT 354.51 327.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 389.28 327.75 Td (Shopping ) Tj ET Q q 0 0 0 rg BT 434.06 327.75 Td (or ) Tj ET Q q 0 0 0 rg BT 445.48 327.75 Td (purchase ) Tj ET Q q 0 0 0 rg BT 489.13 327.75 Td (Made ) Tj ET Q q 0 0 0 rg BT 516.67 327.75 Td (by ) Tj ET Q q 0 0 0 rg BT 529.75 327.75 Td (Google ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 315.75 Td (hardware.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 297.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 297.75 Td (The ) Tj ET Q q 0 0 0 rg BT 106.30 297.75 Td (Environmental ) Tj ET Q q 0 0 0 rg BT 173.29 297.75 Td (Insights ) Tj ET Q q 0 0 0 rg BT 210.83 297.75 Td (Explorer ) Tj ET Q q 0 0 0 rg BT 251.14 297.75 Td (is ) Tj ET Q q 0 0 0 rg BT 261.43 297.75 Td (enabling ) Tj ET Q q 0 0 0 rg BT 302.31 297.75 Td (municipalities ) Tj ET Q q 0 0 0 rg BT 365.41 297.75 Td (?) Tj ET Q q 0 0 0 rg BT 378.48 297.75 Td (which ) Tj ET Q q 0 0 0 rg BT 407.12 297.75 Td (represent ) Tj ET Q q 0 0 0 rg BT 452.44 297.75 Td (more ) Tj ET Q q 0 0 0 rg BT 478.29 297.75 Td (than ) Tj ET Q q 0 0 0 rg BT 500.82 297.75 Td (70% ) Tj ET Q q 0 0 0 rg BT 523.91 297.75 Td (of ) Tj ET Q q 0 0 0 rg BT 535.32 297.75 Td (global ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 285.75 Td (greenhouse ) Tj ET Q q 0 0 0 rg BT 141.70 285.75 Td (gas ) Tj ET Q q 0 0 0 rg BT 160.70 285.75 Td (emissions ) Tj ET Q q 0 0 0 rg BT 208.04 285.75 Td (according ) Tj ET Q q 0 0 0 rg BT 254.28 285.75 Td (to ) Tj ET Q q 0 0 0 rg BT 265.50 285.75 Td (the ) Tj ET Q q 0 0 0 rg BT 282.28 285.75 Td (2016 ) Tj ET Q q 0 0 0 rg BT 307.40 285.75 Td (United ) Tj ET Q q 0 0 0 rg BT 339.19 285.75 Td (Nations ) Tj ET Q q 0 0 0 rg BT 375.97 285.75 Td (Habitat ) Tj ET Q q 0 0 0 rg BT 410.54 285.75 Td (W) Tj ET Q q 0 0 0 rg BT 419.79 285.75 Td (orld ) Tj ET Q q 0 0 0 rg BT 439.35 285.75 Td (Cities ) Tj ET Q q 0 0 0 rg BT 467.23 285.75 Td (Report ) Tj ET Q q 0 0 0 rg BT 500.13 285.75 Td (?) Tj ET Q q 0 0 0 rg BT 513.00 285.75 Td (to ) Tj ET Q q 0 0 0 rg BT 524.22 285.75 Td (estimate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 273.75 Td (emissions ) Tj ET Q q 0 0 0 rg BT 132.56 273.75 Td (and ) Tj ET Q q 0 0 0 rg BT 151.35 273.75 Td (develop ) Tj ET Q q 0 0 0 rg BT 188.48 273.75 Td (climate ) Tj ET Q q 0 0 0 rg BT 222.25 273.75 Td (action ) Tj ET Q q 0 0 0 rg BT 251.04 273.75 Td (plans. ) Tj ET Q q 0 0 0 rg BT 279.83 273.75 Td (In ) Tj ET Q q 0 0 0 rg BT 290.27 273.75 Td (2019, ) Tj ET Q q 0 0 0 rg BT 317.39 273.75 Td (we ) Tj ET Q q 0 0 0 rg BT 332.28 273.75 Td (expanded ) Tj ET Q q 0 0 0 rg BT 378.31 273.75 Td (this ) Tj ET Q q 0 0 0 rg BT 395.97 273.75 Td (tool ) Tj ET Q q 0 0 0 rg BT 414.20 273.75 Td (to ) Tj ET Q q 0 0 0 rg BT 424.64 273.75 Td (more ) Tj ET Q q 0 0 0 rg BT 449.52 273.75 Td (than ) Tj ET Q q 0 0 0 rg BT 471.09 273.75 Td (100 ) Tj ET Q q 0 0 0 rg BT 489.87 273.75 Td (cities ) Tj ET Q q 0 0 0 rg BT 514.76 273.75 Td (worldwide.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 255.75 Td (W) Tj ET Q q 0 0 0 rg BT 81.76 255.75 Td (e ) Tj ET Q q 0 0 0 rg BT 89.33 255.75 Td (believe ) Tj ET Q q 0 0 0 rg BT 123.04 255.75 Td (that ) Tj ET Q q 0 0 0 rg BT 141.73 255.75 Td (climate ) Tj ET Q q 0 0 0 rg BT 175.42 255.75 Td (change ) Tj ET Q q 0 0 0 rg BT 210.24 255.75 Td (is ) Tj ET Q q 0 0 0 rg BT 219.48 255.75 Td (one ) Tj ET Q q 0 0 0 rg BT 238.18 255.75 Td (of ) Tj ET Q q 0 0 0 rg BT 248.53 255.75 Td (the ) Tj ET Q q 0 0 0 rg BT 264.45 255.75 Td (most ) Tj ET Q q 0 0 0 rg BT 288.13 255.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 334.62 255.75 Td (global ) Tj ET Q q 0 0 0 rg BT 363.32 255.75 Td (challenges ) Tj ET Q q 0 0 0 rg BT 413.15 255.75 Td (of ) Tj ET Q q 0 0 0 rg BT 423.50 255.75 Td (our ) Tj ET Q q 0 0 0 rg BT 439.97 255.75 Td (time. ) Tj ET Q q 0 0 0 rg BT 463.66 255.75 Td (In ) Tj ET Q q 0 0 0 rg BT 474.01 255.75 Td (2017, ) Tj ET Q q 0 0 0 rg BT 501.05 255.75 Td (we ) Tj ET Q q 0 0 0 rg BT 515.85 255.75 Td (developed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 243.75 Td (a ) Tj ET Q q 0 0 0 rg BT 57.58 243.75 Td (climate ) Tj ET Q q 0 0 0 rg BT 91.28 243.75 Td (resilience ) Tj ET Q q 0 0 0 rg BT 135.54 243.75 Td (strategy) Tj ET Q q 0 0 0 rg BT 170.37 243.75 Td (, ) Tj ET Q q 0 0 0 rg BT 175.17 243.75 Td (which ) Tj ET Q q 0 0 0 rg BT 202.75 243.75 Td (included ) Tj ET Q q 0 0 0 rg BT 242.02 243.75 Td (conducting ) Tj ET Q q 0 0 0 rg BT 292.41 243.75 Td (a ) Tj ET Q q 0 0 0 rg BT 299.99 243.75 Td (climate ) Tj ET Q q 0 0 0 rg BT 333.69 243.75 Td (scenario ) Tj ET Q q 0 0 0 rg BT 373.51 243.75 Td (analysis. ) Tj ET Q q 0 0 0 rg BT 414.43 243.75 Td (W) Tj ET Q q 0 0 0 rg BT 423.69 243.75 Td (e ) Tj ET Q q 0 0 0 rg BT 431.27 243.75 Td (have ) Tj ET Q q 0 0 0 rg BT 454.98 243.75 Td (been ) Tj ET Q q 0 0 0 rg BT 479.24 243.75 Td (on ) Tj ET Q q 0 0 0 rg BT 492.39 243.75 Td (CDP? Tj ET Q q 0 0 0 rg BT 515.54 243.75 Td (s ) Tj ET Q q 0 0 0 rg BT 522.56 243.75 Td (\(formerly ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 231.75 Td (the ) Tj ET Q q 0 0 0 rg BT 66.84 231.75 Td (Carbon ) Tj ET Q q 0 0 0 rg BT 102.58 231.75 Td (Disclosure ) Tj ET Q q 0 0 0 rg BT 152.20 231.75 Td (Project\) ) Tj ET Q q 0 0 0 rg BT 189.59 231.75 Td (Climate ) Tj ET Q q 0 0 0 rg BT 226.43 231.75 Td (Change ) Tj ET Q q 0 0 0 rg BT 263.81 231.75 Td (A) Tj ET Q q 0 0 0 rg BT 269.93 231.75 Td ( ) Tj ET Q q 0 0 0 rg BT 272.87 231.75 Td (list ) Tj ET Q q 0 0 0 rg BT 288.03 231.75 Td (for ) Tj ET Q q 0 0 0 rg BT 302.64 231.75 Td (five ) Tj ET Q q 0 0 0 rg BT 321.14 231.75 Td (consecutive ) Tj ET Q q 0 0 0 rg BT 376.89 231.75 Td (years. ) Tj ET Q q 0 0 0 rg BT 407.06 231.75 Td (W) Tj ET Q q 0 0 0 rg BT 416.32 231.75 Td (e ) Tj ET Q q 0 0 0 rg BT 424.82 231.75 Td (believe ) Tj ET Q q 0 0 0 rg BT 459.45 231.75 Td (our ) Tj ET Q q 0 0 0 rg BT 476.85 231.75 Td (CDP) Tj ET Q q 0 0 0 rg BT 497.78 231.75 Td ( ) Tj ET Q q 0 0 0 rg BT 500.72 231.75 Td (report ) Tj ET Q q 0 0 0 rg BT 529.78 231.75 Td (reflects ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 219.75 Td (the ) Tj ET Q q 0 0 0 rg BT 66.68 219.75 Td (recommendations ) Tj ET Q q 0 0 0 rg BT 148.94 219.75 Td (of ) Tj ET Q q 0 0 0 rg BT 160.06 219.75 Td (the ) Tj ET Q q 0 0 0 rg BT 176.56 219.75 Td (T) Tj ET Q q 0 0 0 rg BT 181.56 219.75 Td (ask ) Tj ET Q q 0 0 0 rg BT 199.90 219.75 Td (Force ) Tj ET Q q 0 0 0 rg BT 228.24 219.75 Td (on ) Tj ET Q q 0 0 0 rg BT 242.14 219.75 Td (Climate-related ) Tj ET Q q 0 0 0 rg BT 312.72 219.75 Td (Financial ) Tj ET Q q 0 0 0 rg BT 355.52 219.75 Td (Disclosures ) Tj ET Q q 0 0 0 rg BT 409.98 219.75 Td (\(TCFD\).) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 201.75 Td (More ) Tj ET Q q 0 0 0 rg BT 98.41 201.75 Td (information ) Tj ET Q q 0 0 0 rg BT 151.01 201.75 Td (on ) Tj ET Q q 0 0 0 rg BT 165.27 201.75 Td (Google's ) Tj ET Q q 0 0 0 rg BT 207.55 201.75 Td (approach ) Tj ET Q q 0 0 0 rg BT 252.38 201.75 Td (to ) Tj ET Q q 0 0 0 rg BT 263.85 201.75 Td (sustainability ) Tj ET Q q 0 0 0 rg BT 324.24 201.75 Td (can ) Tj ET Q q 0 0 0 rg BT 343.49 201.75 Td (be ) Tj ET Q q 0 0 0 rg BT 357.74 201.75 Td (found ) Tj ET Q q 0 0 0 rg BT 385.90 201.75 Td (in ) Tj ET Q q 0 0 0 rg BT 396.81 201.75 Td (our ) Tj ET Q q 0 0 0 rg BT 414.40 201.75 Td (annual ) Tj ET Q q 0 0 0 rg BT 447.56 201.75 Td (sustainability ) Tj ET Q q 0 0 0 rg BT 507.94 201.75 Td (reports. ) Tj ET Q q 0 0 0 rg BT 544.77 201.75 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 189.75 Td (content ) Tj ET Q q 0 0 0 rg BT 85.47 189.75 Td (of ) Tj ET Q q 0 0 0 rg BT 96.47 189.75 Td (our ) Tj ET Q q 0 0 0 rg BT 113.58 189.75 Td (sustainability ) Tj ET Q q 0 0 0 rg BT 173.50 189.75 Td (reports ) Tj ET Q q 0 0 0 rg BT 207.29 189.75 Td (are ) Tj ET Q q 0 0 0 rg BT 224.40 189.75 Td (not ) Tj ET Q q 0 0 0 rg BT 240.97 189.75 Td (incorporated ) Tj ET Q q 0 0 0 rg BT 299.22 189.75 Td (by ) Tj ET Q q 0 0 0 rg BT 312.44 189.75 Td (reference ) Tj ET Q q 0 0 0 rg BT 357.35 189.75 Td (into ) Tj ET Q q 0 0 0 rg BT 376.14 189.75 Td (this ) Tj ET Q q 0 0 0 rg BT 393.84 189.75 Td (Annual ) Tj ET Q q 0 0 0 rg BT 427.64 189.75 Td (Report ) Tj ET Q q 0 0 0 rg BT 460.31 189.75 Td (on ) Tj ET Q q 0 0 0 rg BT 474.10 189.75 Td (Form ) Tj ET Q q 0 0 0 rg BT 500.09 189.75 Td (10-K ) Tj ET Q q 0 0 0 rg BT 523.88 189.75 Td (or ) Tj ET Q q 0 0 0 rg BT 535.43 189.75 Td (in ) Tj ET Q q 0 0 0 rg BT 545.88 189.75 Td (any ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 177.75 Td (other ) Tj ET Q q 0 0 0 rg BT 75.57 177.75 Td (report ) Tj ET Q q 0 0 0 rg BT 104.47 177.75 Td (or ) Tj ET Q q 0 0 0 rg BT 116.14 177.75 Td (document ) Tj ET Q q 0 0 0 rg BT 162.84 177.75 Td (we ) Tj ET Q q 0 0 0 rg BT 178.40 177.75 Td (file ) Tj ET Q q 0 0 0 rg BT 193.96 177.75 Td (with ) Tj ET Q q 0 0 0 rg BT 214.52 177.75 Td (the ) Tj ET Q q 0 0 0 rg BT 231.20 177.75 Td (SEC.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 159.75 Td (Seasonality) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 141.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 92.80 141.75 Td (business ) Tj ET Q q 0 0 0 rg BT 135.90 141.75 Td (is ) Tj ET Q q 0 0 0 rg BT 146.75 141.75 Td (af) Tj ET Q q 0 0 0 rg BT 154.91 141.75 Td (fected ) Tj ET Q q 0 0 0 rg BT 185.78 141.75 Td (by ) Tj ET Q q 0 0 0 rg BT 199.97 141.75 Td (seasonal ) Tj ET Q q 0 0 0 rg BT 243.62 141.75 Td (fluctuations ) Tj ET Q q 0 0 0 rg BT 297.84 141.75 Td (in ) Tj ET Q q 0 0 0 rg BT 309.25 141.75 Td (internet ) Tj ET Q q 0 0 0 rg BT 346.23 141.75 Td (usage, ) Tj ET Q q 0 0 0 rg BT 379.89 141.75 Td (advertising ) Tj ET Q q 0 0 0 rg BT 431.88 141.75 Td (expenditures, ) Tj ET Q q 0 0 0 rg BT 495.54 141.75 Td (and ) Tj ET Q q 0 0 0 rg BT 515.86 141.75 Td (underlying ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 129.75 Td (business ) Tj ET Q q 0 0 0 rg BT 92.25 129.75 Td (trends ) Tj ET Q q 0 0 0 rg BT 122.82 129.75 Td (such ) Tj ET Q q 0 0 0 rg BT 146.72 129.75 Td (as ) Tj ET Q q 0 0 0 rg BT 160.06 129.75 Td (traditional ) Tj ET Q q 0 0 0 rg BT 206.20 129.75 Td (retail ) Tj ET Q q 0 0 0 rg BT 230.65 129.75 Td (seasonality) Tj ET Q q 0 0 0 rg BT 279.94 129.75 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 111.75 Td (A) Tj ET Q q 0 0 0 rg BT 56.85 111.75 Td (vailable ) Tj ET Q q 0 0 0 rg BT 96.32 111.75 Td (Information) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 93.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 92.53 93.75 Td (website ) Tj ET Q q 0 0 0 rg BT 129.80 93.75 Td (is ) Tj ET Q q 0 0 0 rg BT 140.39 93.75 Td (located ) Tj ET Q q 0 0 0 rg BT 176.00 93.75 Td (at ) Tj ET Q q 0 0 0 rg BT 187.70 93.75 Td (www) Tj ET Q q 0 0 0 rg BT 208.81 93.75 Td (.www.execmc.com, ) Tj ET Q q 0 0 0 rg BT 251.63 93.75 Td (and ) Tj ET Q q 0 0 0 rg BT 271.68 93.75 Td (our ) Tj ET Q q 0 0 0 rg BT 289.50 93.75 Td (investor ) Tj ET Q q 0 0 0 rg BT 327.87 93.75 Td (relations ) Tj ET Q q 0 0 0 rg BT 369.03 93.75 Td (website ) Tj ET Q q 0 0 0 rg BT 406.30 93.75 Td (is ) Tj ET Q q 0 0 0 rg BT 416.89 93.75 Td (located ) Tj ET Q q 0 0 0 rg BT 452.50 93.75 Td (at ) Tj ET Q q 0 0 0 rg BT 464.20 93.75 Td (www) Tj ET Q q 0 0 0 rg BT 485.31 93.75 Td (.www.execmc.com/investor) Tj ET Q q 0 0 0 rg BT 559.23 93.75 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 81.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 69.25 81.75 Td (Annual ) Tj ET Q q 0 0 0 rg BT 103.61 81.75 Td (Reports ) Tj ET Q q 0 0 0 rg BT 141.85 81.75 Td (on ) Tj ET Q q 0 0 0 rg BT 156.20 81.75 Td (Form ) Tj ET Q q 0 0 0 rg BT 182.75 81.75 Td (10-K, ) Tj ET Q q 0 0 0 rg BT 209.88 81.75 Td (Quarterly ) Tj ET Q q 0 0 0 rg BT 254.22 81.75 Td (Reports ) Tj ET Q q 0 0 0 rg BT 292.46 81.75 Td (on ) Tj ET Q q 0 0 0 rg BT 306.81 81.75 Td (Form ) Tj ET Q q 0 0 0 rg BT 333.36 81.75 Td (10-Q, ) Tj ET Q q 0 0 0 rg BT 361.59 81.75 Td (Current ) Tj ET Q q 0 0 0 rg BT 398.16 81.75 Td (Reports ) Tj ET Q q 0 0 0 rg BT 436.40 81.75 Td (on ) Tj ET Q q 0 0 0 rg BT 450.74 81.75 Td (Form ) Tj ET Q q 0 0 0 rg BT 477.30 81.75 Td (8-K, ) Tj ET Q q 0 0 0 rg BT 498.86 81.75 Td (and ) Tj ET Q q 0 0 0 rg BT 518.77 81.75 Td (our ) Tj ET Q q 0 0 0 rg BT 536.44 81.75 Td (Proxy ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 69.75 Td (Statements, ) Tj ET Q q 0 0 0 rg BT 105.27 69.75 Td (and ) Tj ET Q q 0 0 0 rg BT 123.87 69.75 Td (any ) Tj ET Q q 0 0 0 rg BT 141.90 69.75 Td (amendments ) Tj ET Q q 0 0 0 rg BT 201.63 69.75 Td (to ) Tj ET Q q 0 0 0 rg BT 211.88 69.75 Td (these ) Tj ET Q q 0 0 0 rg BT 238.25 69.75 Td (reports, ) Tj ET Q q 0 0 0 rg BT 274.07 69.75 Td (are ) Tj ET Q q 0 0 0 rg BT 290.43 69.75 Td (available ) Tj ET Q q 0 0 0 rg BT 331.82 69.75 Td (through ) Tj ET Q q 0 0 0 rg BT 367.65 69.75 Td (our ) Tj ET Q q 0 0 0 rg BT 384.01 69.75 Td (investor ) Tj ET Q q 0 0 0 rg BT 420.94 69.75 Td (relations ) Tj ET Q q 0 0 0 rg BT 460.65 69.75 Td (website, ) Tj ET Q q 0 0 0 rg BT 499.25 69.75 Td (free ) Tj ET Q q 0 0 0 rg BT 518.39 69.75 Td (of ) Tj ET Q q 0 0 0 rg BT 528.64 69.75 Td (charge, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 57.75 Td (after ) Tj ET Q q 0 0 0 rg BT 72.99 57.75 Td (we ) Tj ET Q q 0 0 0 rg BT 88.76 57.75 Td (file ) Tj ET Q q 0 0 0 rg BT 104.52 57.75 Td (them ) Tj ET Q q 0 0 0 rg BT 129.74 57.75 Td (with ) Tj ET Q q 0 0 0 rg BT 150.50 57.75 Td (the ) Tj ET Q q 0 0 0 rg BT 167.38 57.75 Td (SEC. ) Tj ET Q q 0 0 0 rg BT 193.71 57.75 Td (W) Tj ET Q q 0 0 0 rg BT 202.96 57.75 Td (e ) Tj ET Q q 0 0 0 rg BT 211.51 57.75 Td (also ) Tj ET Q q 0 0 0 rg BT 232.83 57.75 Td (provide ) Tj ET Q q 0 0 0 rg BT 268.61 57.75 Td (a ) Tj ET Q q 0 0 0 rg BT 277.16 57.75 Td (link ) Tj ET Q q 0 0 0 rg BT 295.14 57.75 Td (to ) Tj ET Q q 0 0 0 rg BT 306.47 57.75 Td (the ) Tj ET Q q 0 0 0 rg BT 323.35 57.75 Td (section ) Tj ET Q q 0 0 0 rg BT 358.02 57.75 Td (of ) Tj ET Q q 0 0 0 rg BT 369.34 57.75 Td (the ) Tj ET Q q 0 0 0 rg BT 386.22 57.75 Td (SEC's ) Tj ET Q q 0 0 0 rg BT 416.67 57.75 Td (website ) Tj ET Q q 0 0 0 rg BT 453.56 57.75 Td (at ) Tj ET Q q 0 0 0 rg BT 464.88 57.75 Td (www) Tj ET Q q 0 0 0 rg BT 486.00 57.75 Td (.sec.gov ) Tj ET Q q 0 0 0 rg BT 526.22 57.75 Td (that ) Tj ET Q q 0 0 0 rg BT 545.88 57.75 Td (has ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 45.75 Td (all ) Tj ET Q q 0 0 0 rg BT 62.78 45.75 Td (of ) Tj ET Q q 0 0 0 rg BT 73.90 45.75 Td (the ) Tj ET Q q 0 0 0 rg BT 90.58 45.75 Td (reports ) Tj ET Q q 0 0 0 rg BT 124.48 45.75 Td (that ) Tj ET Q q 0 0 0 rg BT 143.94 45.75 Td (we ) Tj ET Q q 0 0 0 rg BT 159.50 45.75 Td (file ) Tj ET Q q 0 0 0 rg BT 175.06 45.75 Td (or ) Tj ET Q q 0 0 0 rg BT 186.73 45.75 Td (furnish ) Tj ET Q q 0 0 0 rg BT 219.53 45.75 Td (with ) Tj ET Q q 0 0 0 rg BT 240.09 45.75 Td (the ) Tj ET Q q 0 0 0 rg BT 256.77 45.75 Td (SEC.) Tj ET Q endstream endobj 21 0 obj <>] /Rotate 0 /Contents 22 0 R>> endobj 22 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 53 767.11455078125 m 123.04443359375 767.11455078125 l s q 0 0 1 rg BT 53.00 768.40 Td (T) Tj ET Q q 0 0 1 rg BT 57.50 768.40 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.396078431372549 0.396078431372549 0.396078431372549 rg BT 500.45 768.40 Td (Alphabet Inc.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.20 31.25 Td (9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 741.75 Td (W) Tj ET Q q 0 0 0 rg BT 81.76 741.75 Td (e ) Tj ET Q q 0 0 0 rg BT 89.70 741.75 Td (webcast ) Tj ET Q q 0 0 0 rg BT 128.76 741.75 Td (via ) Tj ET Q q 0 0 0 rg BT 143.92 741.75 Td (our ) Tj ET Q q 0 0 0 rg BT 160.75 741.75 Td (investor ) Tj ET Q q 0 0 0 rg BT 198.14 741.75 Td (relations ) Tj ET Q q 0 0 0 rg BT 238.31 741.75 Td (website ) Tj ET Q q 0 0 0 rg BT 274.60 741.75 Td (our ) Tj ET Q q 0 0 0 rg BT 291.43 741.75 Td (earnings ) Tj ET Q q 0 0 0 rg BT 332.16 741.75 Td (calls ) Tj ET Q q 0 0 0 rg BT 354.55 741.75 Td (and ) Tj ET Q q 0 0 0 rg BT 373.61 741.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 406.00 741.75 Td (events ) Tj ET Q q 0 0 0 rg BT 437.84 741.75 Td (we ) Tj ET Q q 0 0 0 rg BT 453.00 741.75 Td (participate ) Tj ET Q q 0 0 0 rg BT 501.51 741.75 Td (in ) Tj ET Q q 0 0 0 rg BT 511.67 741.75 Td (or ) Tj ET Q q 0 0 0 rg BT 522.94 741.75 Td (host ) Tj ET Q q 0 0 0 rg BT 544.22 741.75 Td (with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 729.75 Td (members ) Tj ET Q q 0 0 0 rg BT 97.13 729.75 Td (of ) Tj ET Q q 0 0 0 rg BT 110.93 729.75 Td (the ) Tj ET Q q 0 0 0 rg BT 130.29 729.75 Td (investment ) Tj ET Q q 0 0 0 rg BT 184.11 729.75 Td (community) Tj ET Q q 0 0 0 rg BT 231.71 729.75 Td (. ) Tj ET Q q 0 0 0 rg BT 239.95 729.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 262.08 729.75 Td (investor ) Tj ET Q q 0 0 0 rg BT 302.55 729.75 Td (relations ) Tj ET Q q 0 0 0 rg BT 345.81 729.75 Td (website ) Tj ET Q q 0 0 0 rg BT 385.18 729.75 Td (also ) Tj ET Q q 0 0 0 rg BT 408.98 729.75 Td (provides ) Tj ET Q q 0 0 0 rg BT 452.24 729.75 Td (notifications ) Tj ET Q q 0 0 0 rg BT 510.50 729.75 Td (of ) Tj ET Q q 0 0 0 rg BT 524.30 729.75 Td (news ) Tj ET Q q 0 0 0 rg BT 553.11 729.75 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 717.75 Td (announcements ) Tj ET Q q 0 0 0 rg BT 123.35 717.75 Td (regarding ) Tj ET Q q 0 0 0 rg BT 167.79 717.75 Td (our ) Tj ET Q q 0 0 0 rg BT 184.43 717.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 223.31 717.75 Td (performance ) Tj ET Q q 0 0 0 rg BT 281.64 717.75 Td (and ) Tj ET Q q 0 0 0 rg BT 300.51 717.75 Td (other ) Tj ET Q q 0 0 0 rg BT 325.50 717.75 Td (items ) Tj ET Q q 0 0 0 rg BT 351.58 717.75 Td (of ) Tj ET Q q 0 0 0 rg BT 362.11 717.75 Td (interest ) Tj ET Q q 0 0 0 rg BT 397.09 717.75 Td (to ) Tj ET Q q 0 0 0 rg BT 407.62 717.75 Td (our ) Tj ET Q q 0 0 0 rg BT 424.26 717.75 Td (investors, ) Tj ET Q q 0 0 0 rg BT 469.24 717.75 Td (including ) Tj ET Q q 0 0 0 rg BT 510.91 717.75 Td (SEC ) Tj ET Q q 0 0 0 rg BT 533.66 717.75 Td (filings, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 705.75 Td (investor ) Tj ET Q q 0 0 0 rg BT 86.88 705.75 Td (events, ) Tj ET Q q 0 0 0 rg BT 120.98 705.75 Td (press ) Tj ET Q q 0 0 0 rg BT 147.29 705.75 Td (and ) Tj ET Q q 0 0 0 rg BT 165.84 705.75 Td (earnings ) Tj ET Q q 0 0 0 rg BT 206.06 705.75 Td (releases, ) Tj ET Q q 0 0 0 rg BT 248.50 705.75 Td (and ) Tj ET Q q 0 0 0 rg BT 267.04 705.75 Td (blogs. ) Tj ET Q q 0 0 0 rg BT 295.59 705.75 Td (W) Tj ET Q q 0 0 0 rg BT 304.85 705.75 Td (e ) Tj ET Q q 0 0 0 rg BT 312.27 705.75 Td (also ) Tj ET Q q 0 0 0 rg BT 332.48 705.75 Td (share ) Tj ET Q q 0 0 0 rg BT 359.35 705.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 393.46 705.75 Td (news ) Tj ET Q q 0 0 0 rg BT 418.67 705.75 Td (and ) Tj ET Q q 0 0 0 rg BT 437.21 705.75 Td (product ) Tj ET Q q 0 0 0 rg BT 472.43 705.75 Td (updates ) Tj ET Q q 0 0 0 rg BT 509.87 705.75 Td (on ) Tj ET Q q 0 0 0 rg BT 522.86 705.75 Td (Google's ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 693.75 Td (Keyword ) Tj ET Q q 0 0 0 rg BT 92.32 693.75 Td (blog ) Tj ET Q q 0 0 0 rg BT 114.64 693.75 Td (at ) Tj ET Q q 0 0 0 rg BT 126.40 693.75 Td (https://www) Tj ET Q q 0 0 0 rg BT 177.52 693.75 Td (.blog.google/, ) Tj ET Q q 0 0 0 rg BT 240.99 693.75 Td (which ) Tj ET Q q 0 0 0 rg BT 269.97 693.75 Td (may ) Tj ET Q q 0 0 0 rg BT 292.27 693.75 Td (be ) Tj ET Q q 0 0 0 rg BT 306.81 693.75 Td (of ) Tj ET Q q 0 0 0 rg BT 318.57 693.75 Td (interest ) Tj ET Q q 0 0 0 rg BT 354.77 693.75 Td (or ) Tj ET Q q 0 0 0 rg BT 367.08 693.75 Td (material ) Tj ET Q q 0 0 0 rg BT 406.06 693.75 Td (to ) Tj ET Q q 0 0 0 rg BT 417.82 693.75 Td (our ) Tj ET Q q 0 0 0 rg BT 435.68 693.75 Td (investors. ) Tj ET Q q 0 0 0 rg BT 481.89 693.75 Td (Further) Tj ET Q q 0 0 0 rg BT 513.57 693.75 Td (, ) Tj ET Q q 0 0 0 rg BT 519.76 693.75 Td (corporate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 681.75 Td (governance ) Tj ET Q q 0 0 0 rg BT 105.60 681.75 Td (information, ) Tj ET Q q 0 0 0 rg BT 161.18 681.75 Td (including ) Tj ET Q q 0 0 0 rg BT 203.99 681.75 Td (our ) Tj ET Q q 0 0 0 rg BT 221.79 681.75 Td (certificate ) Tj ET Q q 0 0 0 rg BT 267.92 681.75 Td (of ) Tj ET Q q 0 0 0 rg BT 279.60 681.75 Td (incorporation, ) Tj ET Q q 0 0 0 rg BT 343.52 681.75 Td (bylaws, ) Tj ET Q q 0 0 0 rg BT 380.21 681.75 Td (governance ) Tj ET Q q 0 0 0 rg BT 435.81 681.75 Td (guidelines, ) Tj ET Q q 0 0 0 rg BT 486.96 681.75 Td (board ) Tj ET Q q 0 0 0 rg BT 515.87 681.75 Td (committee ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 669.75 Td (charters, ) Tj ET Q q 0 0 0 rg BT 90.68 669.75 Td (and ) Tj ET Q q 0 0 0 rg BT 109.13 669.75 Td (code ) Tj ET Q q 0 0 0 rg BT 132.59 669.75 Td (of ) Tj ET Q q 0 0 0 rg BT 142.71 669.75 Td (conduct, ) Tj ET Q q 0 0 0 rg BT 182.29 669.75 Td (is ) Tj ET Q q 0 0 0 rg BT 191.28 669.75 Td (also ) Tj ET Q q 0 0 0 rg BT 211.40 669.75 Td (available ) Tj ET Q q 0 0 0 rg BT 252.65 669.75 Td (on ) Tj ET Q q 0 0 0 rg BT 265.54 669.75 Td (our ) Tj ET Q q 0 0 0 rg BT 281.77 669.75 Td (investor ) Tj ET Q q 0 0 0 rg BT 318.56 669.75 Td (relations ) Tj ET Q q 0 0 0 rg BT 358.13 669.75 Td (website ) Tj ET Q q 0 0 0 rg BT 393.81 669.75 Td (under ) Tj ET Q q 0 0 0 rg BT 421.17 669.75 Td (the ) Tj ET Q q 0 0 0 rg BT 436.84 669.75 Td (heading ) Tj ET Q q 0 0 0 rg BT 474.21 669.75 Td ("Other) Tj ET Q q 0 0 0 rg BT 502.21 669.75 Td (." ) Tj ET Q q 0 0 0 rg BT 510.20 669.75 Td (The ) Tj ET Q q 0 0 0 rg BT 529.21 669.75 Td (content ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 657.75 Td (of ) Tj ET Q q 0 0 0 rg BT 62.10 657.75 Td (our ) Tj ET Q q 0 0 0 rg BT 80.32 657.75 Td (websites ) Tj ET Q q 0 0 0 rg BT 122.99 657.75 Td (are ) Tj ET Q q 0 0 0 rg BT 141.21 657.75 Td (not ) Tj ET Q q 0 0 0 rg BT 158.88 657.75 Td (incorporated ) Tj ET Q q 0 0 0 rg BT 218.23 657.75 Td (by ) Tj ET Q q 0 0 0 rg BT 232.56 657.75 Td (reference ) Tj ET Q q 0 0 0 rg BT 278.57 657.75 Td (into ) Tj ET Q q 0 0 0 rg BT 298.46 657.75 Td (this ) Tj ET Q q 0 0 0 rg BT 317.04 657.75 Td (Annual ) Tj ET Q q 0 0 0 rg BT 351.94 657.75 Td (Report ) Tj ET Q q 0 0 0 rg BT 385.72 657.75 Td (on ) Tj ET Q q 0 0 0 rg BT 400.60 657.75 Td (Form ) Tj ET Q q 0 0 0 rg BT 427.70 657.75 Td (10-K ) Tj ET Q q 0 0 0 rg BT 452.59 657.75 Td (or ) Tj ET Q q 0 0 0 rg BT 465.24 657.75 Td (in ) Tj ET Q q 0 0 0 rg BT 476.79 657.75 Td (any ) Tj ET Q q 0 0 0 rg BT 496.68 657.75 Td (other ) Tj ET Q q 0 0 0 rg BT 523.24 657.75 Td (report ) Tj ET Q q 0 0 0 rg BT 553.12 657.75 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 645.75 Td (document ) Tj ET Q q 0 0 0 rg BT 96.15 645.75 Td (we ) Tj ET Q q 0 0 0 rg BT 111.17 645.75 Td (file ) Tj ET Q q 0 0 0 rg BT 126.19 645.75 Td (with ) Tj ET Q q 0 0 0 rg BT 146.21 645.75 Td (the ) Tj ET Q q 0 0 0 rg BT 162.35 645.75 Td (SEC, ) Tj ET Q q 0 0 0 rg BT 187.92 645.75 Td (and ) Tj ET Q q 0 0 0 rg BT 206.84 645.75 Td (any ) Tj ET Q q 0 0 0 rg BT 225.20 645.75 Td (references ) Tj ET Q q 0 0 0 rg BT 274.68 645.75 Td (to ) Tj ET Q q 0 0 0 rg BT 285.26 645.75 Td (our ) Tj ET Q q 0 0 0 rg BT 301.95 645.75 Td (websites ) Tj ET Q q 0 0 0 rg BT 343.09 645.75 Td (are ) Tj ET Q q 0 0 0 rg BT 359.78 645.75 Td (intended ) Tj ET Q q 0 0 0 rg BT 400.38 645.75 Td (to ) Tj ET Q q 0 0 0 rg BT 410.96 645.75 Td (be ) Tj ET Q q 0 0 0 rg BT 424.32 645.75 Td (inactive ) Tj ET Q q 0 0 0 rg BT 460.46 645.75 Td (textual ) Tj ET Q q 0 0 0 rg BT 492.16 645.75 Td (references ) Tj ET Q q 0 0 0 rg BT 541.64 645.75 Td (only) Tj ET Q q 0 0 0 rg BT 559.24 645.75 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 622.47 Td (ITEM?A.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 103.00 622.47 Td (RISK F) Tj ET Q q 0 0 0 rg BT 135.23 622.47 Td (ACT) Tj ET Q q 0 0 0 rg BT 155.60 622.47 Td (ORS) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 600.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 92.63 600.75 Td (operations ) Tj ET Q q 0 0 0 rg BT 142.79 600.75 Td (and ) Tj ET Q q 0 0 0 rg BT 162.94 600.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 203.08 600.75 Td (results ) Tj ET Q q 0 0 0 rg BT 236.00 600.75 Td (are ) Tj ET Q q 0 0 0 rg BT 253.91 600.75 Td (subject ) Tj ET Q q 0 0 0 rg BT 289.06 600.75 Td (to ) Tj ET Q q 0 0 0 rg BT 300.86 600.75 Td (various ) Tj ET Q q 0 0 0 rg BT 336.55 600.75 Td (risks ) Tj ET Q q 0 0 0 rg BT 360.57 600.75 Td (and ) Tj ET Q q 0 0 0 rg BT 380.71 600.75 Td (uncertainties, ) Tj ET Q q 0 0 0 rg BT 443.65 600.75 Td (including ) Tj ET Q q 0 0 0 rg BT 486.58 600.75 Td (but ) Tj ET Q q 0 0 0 rg BT 503.94 600.75 Td (not ) Tj ET Q q 0 0 0 rg BT 521.31 600.75 Td (limited ) Tj ET Q q 0 0 0 rg BT 553.66 600.75 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 588.75 Td (those ) Tj ET Q q 0 0 0 rg BT 77.24 588.75 Td (described ) Tj ET Q q 0 0 0 rg BT 123.38 588.75 Td (below) Tj ET Q q 0 0 0 rg BT 148.96 588.75 Td (, ) Tj ET Q q 0 0 0 rg BT 154.51 588.75 Td (which ) Tj ET Q q 0 0 0 rg BT 182.86 588.75 Td (could ) Tj ET Q q 0 0 0 rg BT 209.54 588.75 Td (harm ) Tj ET Q q 0 0 0 rg BT 235.10 588.75 Td (our ) Tj ET Q q 0 0 0 rg BT 252.33 588.75 Td (business, ) Tj ET Q q 0 0 0 rg BT 297.36 588.75 Td (reputation, ) Tj ET Q q 0 0 0 rg BT 347.39 588.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 386.86 588.75 Td (condition, ) Tj ET Q q 0 0 0 rg BT 432.45 588.75 Td (and ) Tj ET Q q 0 0 0 rg BT 451.91 588.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 496.39 588.75 Td (results. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 73.00 570.75 Td (Risks ) Tj ET Q q 0 0 0 rg BT 102.46 570.75 Td (Specific ) Tj ET Q q 0 0 0 rg BT 143.59 570.75 Td (to ) Tj ET Q q 0 0 0 rg BT 155.81 570.75 Td (our ) Tj ET Q q 0 0 0 rg BT 174.69 570.75 Td (Company) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 73.00 552.75 Td (W) Tj ET Q q 0 0 0 rg BT 82.26 552.75 Td (e ) Tj ET Q q 0 0 0 rg BT 89.66 552.75 Td (generate ) Tj ET Q q 0 0 0 rg BT 133.18 552.75 Td (a ) Tj ET Q q 0 0 0 rg BT 140.58 552.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 192.43 552.75 Td (portion ) Tj ET Q q 0 0 0 rg BT 228.70 552.75 Td (of ) Tj ET Q q 0 0 0 rg BT 239.98 552.75 Td (our ) Tj ET Q q 0 0 0 rg BT 257.93 552.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 303.68 552.75 Td (from ) Tj ET Q q 0 0 0 rg BT 327.74 552.75 Td (advertising, ) Tj ET Q q 0 0 0 rg BT 385.71 552.75 Td (and ) Tj ET Q q 0 0 0 rg BT 405.33 552.75 Td (reduced ) Tj ET Q q 0 0 0 rg BT 446.07 552.75 Td (spending ) Tj ET Q q 0 0 0 rg BT 492.35 552.75 Td (by ) Tj ET Q q 0 0 0 rg BT 505.86 552.75 Td (advertisers, ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 540.75 Td (a ) Tj ET Q q 0 0 0 rg BT 57.56 540.75 Td (loss ) Tj ET Q q 0 0 0 rg BT 79.57 540.75 Td (of ) Tj ET Q q 0 0 0 rg BT 91.01 540.75 Td (partners, ) Tj ET Q q 0 0 0 rg BT 135.80 540.75 Td (or ) Tj ET Q q 0 0 0 rg BT 147.80 540.75 Td (new ) Tj ET Q q 0 0 0 rg BT 169.25 540.75 Td (and ) Tj ET Q q 0 0 0 rg BT 189.03 540.75 Td (existing ) Tj ET Q q 0 0 0 rg BT 228.81 540.75 Td (technologies ) Tj ET Q q 0 0 0 rg BT 292.49 540.75 Td (that ) Tj ET Q q 0 0 0 rg BT 312.82 540.75 Td (block ) Tj ET Q q 0 0 0 rg BT 340.94 540.75 Td (ads ) Tj ET Q q 0 0 0 rg BT 360.17 540.75 Td (online ) Tj ET Q q 0 0 0 rg BT 391.61 540.75 Td (and/or ) Tj ET Q q 0 0 0 rg BT 424.17 540.75 Td (af) Tj ET Q q 0 0 0 rg BT 432.88 540.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 452.66 540.75 Td (our ) Tj ET Q q 0 0 0 rg BT 470.77 540.75 Td (ability ) Tj ET Q q 0 0 0 rg BT 501.66 540.75 Td (to ) Tj ET Q q 0 0 0 rg BT 513.10 540.75 Td (customize ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 528.75 Td (ads ) Tj ET Q q 0 0 0 rg BT 70.01 528.75 Td (could ) Tj ET Q q 0 0 0 rg BT 99.45 528.75 Td (harm ) Tj ET Q q 0 0 0 rg BT 126.68 528.75 Td (our ) Tj ET Q q 0 0 0 rg BT 145.57 528.75 Td (business. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 510.75 Td (W) Tj ET Q q 0 0 0 rg BT 82.26 510.75 Td (e ) Tj ET Q q 0 0 0 rg BT 91.90 510.75 Td (generated ) Tj ET Q q 0 0 0 rg BT 141.01 510.75 Td (over ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 164.54 510.75 Td (83%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.56 510.75 Td ( ) Tj ET Q q 0 0 0 rg BT 188.63 510.75 Td (of ) Tj ET Q q 0 0 0 rg BT 201.05 510.75 Td (total ) Tj ET Q q 0 0 0 rg BT 224.03 510.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 269.24 510.75 Td (from ) Tj ET Q q 0 0 0 rg BT 293.32 510.75 Td (the ) Tj ET Q q 0 0 0 rg BT 311.30 510.75 Td (display ) Tj ET Q q 0 0 0 rg BT 346.50 510.75 Td (of ) Tj ET Q q 0 0 0 rg BT 358.92 510.75 Td (ads ) Tj ET Q q 0 0 0 rg BT 379.12 510.75 Td (online ) Tj ET Q q 0 0 0 rg BT 409.88 510.75 Td (in ) Tj ET Q q 0 0 0 rg BT 421.74 510.75 Td (2019. ) Tj ET Q q 0 0 0 rg BT 450.84 510.75 Td (Many ) Tj ET Q q 0 0 0 rg BT 479.37 510.75 Td (of ) Tj ET Q q 0 0 0 rg BT 491.79 510.75 Td (our ) Tj ET Q q 0 0 0 rg BT 510.32 510.75 Td (advertisers, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 498.75 Td (companies ) Tj ET Q q 0 0 0 rg BT 102.29 498.75 Td (that ) Tj ET Q q 0 0 0 rg BT 122.91 498.75 Td (distribute ) Tj ET Q q 0 0 0 rg BT 167.42 498.75 Td (our ) Tj ET Q q 0 0 0 rg BT 185.80 498.75 Td (products ) Tj ET Q q 0 0 0 rg BT 228.09 498.75 Td (and ) Tj ET Q q 0 0 0 rg BT 248.71 498.75 Td (services, ) Tj ET Q q 0 0 0 rg BT 292.10 498.75 Td (digital ) Tj ET Q q 0 0 0 rg BT 322.16 498.75 Td (publishers, ) Tj ET Q q 0 0 0 rg BT 374.45 498.75 Td (and ) Tj ET Q q 0 0 0 rg BT 395.07 498.75 Td (content ) Tj ET Q q 0 0 0 rg BT 431.81 498.75 Td (providers ) Tj ET Q q 0 0 0 rg BT 476.87 498.75 Td (can ) Tj ET Q q 0 0 0 rg BT 496.93 498.75 Td (terminate ) Tj ET Q q 0 0 0 rg BT 542.55 498.75 Td (their ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 486.75 Td (contracts ) Tj ET Q q 0 0 0 rg BT 93.18 486.75 Td (with ) Tj ET Q q 0 0 0 rg BT 113.58 486.75 Td (us ) Tj ET Q q 0 0 0 rg BT 126.75 486.75 Td (at ) Tj ET Q q 0 0 0 rg BT 137.71 486.75 Td (any ) Tj ET Q q 0 0 0 rg BT 156.44 486.75 Td (time. ) Tj ET Q q 0 0 0 rg BT 180.56 486.75 Td (These ) Tj ET Q q 0 0 0 rg BT 210.96 486.75 Td (partners ) Tj ET Q q 0 0 0 rg BT 250.26 486.75 Td (may ) Tj ET Q q 0 0 0 rg BT 271.76 486.75 Td (not ) Tj ET Q q 0 0 0 rg BT 288.28 486.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 328.70 486.75 Td (to ) Tj ET Q q 0 0 0 rg BT 339.65 486.75 Td (do ) Tj ET Q q 0 0 0 rg BT 353.39 486.75 Td (business ) Tj ET Q q 0 0 0 rg BT 395.47 486.75 Td (with ) Tj ET Q q 0 0 0 rg BT 415.86 486.75 Td (us ) Tj ET Q q 0 0 0 rg BT 429.04 486.75 Td (if ) Tj ET Q q 0 0 0 rg BT 436.65 486.75 Td (we ) Tj ET Q q 0 0 0 rg BT 452.05 486.75 Td (do ) Tj ET Q q 0 0 0 rg BT 465.78 486.75 Td (not ) Tj ET Q q 0 0 0 rg BT 482.30 486.75 Td (create ) Tj ET Q q 0 0 0 rg BT 512.70 486.75 Td (more ) Tj ET Q q 0 0 0 rg BT 538.10 486.75 Td (value ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 474.75 Td (\(such ) Tj ET Q q 0 0 0 rg BT 77.39 474.75 Td (as ) Tj ET Q q 0 0 0 rg BT 90.88 474.75 Td (increased ) Tj ET Q q 0 0 0 rg BT 137.18 474.75 Td (numbers ) Tj ET Q q 0 0 0 rg BT 179.02 474.75 Td (of ) Tj ET Q q 0 0 0 rg BT 190.29 474.75 Td (users ) Tj ET Q q 0 0 0 rg BT 217.68 474.75 Td (or ) Tj ET Q q 0 0 0 rg BT 229.51 474.75 Td (customers, ) Tj ET Q q 0 0 0 rg BT 281.34 474.75 Td (new ) Tj ET Q q 0 0 0 rg BT 302.62 474.75 Td (sales ) Tj ET Q q 0 0 0 rg BT 328.90 474.75 Td (leads, ) Tj ET Q q 0 0 0 rg BT 358.52 474.75 Td (increased ) Tj ET Q q 0 0 0 rg BT 404.81 474.75 Td (brand ) Tj ET Q q 0 0 0 rg BT 433.33 474.75 Td (awareness, ) Tj ET Q q 0 0 0 rg BT 487.40 474.75 Td (or ) Tj ET Q q 0 0 0 rg BT 499.22 474.75 Td (more ) Tj ET Q q 0 0 0 rg BT 524.94 474.75 Td (ef) Tj ET Q q 0 0 0 rg BT 533.10 474.75 Td (fective ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 462.75 Td (monetization\) ) Tj ET Q q 0 0 0 rg BT 112.48 462.75 Td (than ) Tj ET Q q 0 0 0 rg BT 134.39 462.75 Td (their ) Tj ET Q q 0 0 0 rg BT 156.29 462.75 Td (available ) Tj ET Q q 0 0 0 rg BT 198.21 462.75 Td (alternatives. ) Tj ET Q q 0 0 0 rg BT 254.58 462.75 Td (Changes ) Tj ET Q q 0 0 0 rg BT 297.06 462.75 Td (to ) Tj ET Q q 0 0 0 rg BT 307.84 462.75 Td (our ) Tj ET Q q 0 0 0 rg BT 324.75 462.75 Td (advertising ) Tj ET Q q 0 0 0 rg BT 375.55 462.75 Td (policies ) Tj ET Q q 0 0 0 rg BT 411.35 462.75 Td (and ) Tj ET Q q 0 0 0 rg BT 430.49 462.75 Td (data ) Tj ET Q q 0 0 0 rg BT 452.40 462.75 Td (privacy ) Tj ET Q q 0 0 0 rg BT 486.52 462.75 Td (practices, ) Tj ET Q q 0 0 0 rg BT 531.76 462.75 Td (as ) Tj ET Q q 0 0 0 rg BT 544.77 462.75 Td (well ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 450.75 Td (as ) Tj ET Q q 0 0 0 rg BT 62.76 450.75 Td (changes ) Tj ET Q q 0 0 0 rg BT 102.76 450.75 Td (to ) Tj ET Q q 0 0 0 rg BT 113.29 450.75 Td (other ) Tj ET Q q 0 0 0 rg BT 138.28 450.75 Td (companies? Tj ET Q q 0 0 0 rg BT 188.49 450.75 Td ( ) Tj ET Q q 0 0 0 rg BT 190.69 450.75 Td (advertising ) Tj ET Q q 0 0 0 rg BT 241.24 450.75 Td (policies ) Tj ET Q q 0 0 0 rg BT 276.78 450.75 Td (or ) Tj ET Q q 0 0 0 rg BT 287.87 450.75 Td (practices ) Tj ET Q q 0 0 0 rg BT 330.08 450.75 Td (may ) Tj ET Q q 0 0 0 rg BT 351.17 450.75 Td (af) Tj ET Q q 0 0 0 rg BT 359.33 450.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 377.64 450.75 Td (the ) Tj ET Q q 0 0 0 rg BT 393.74 450.75 Td (advertising ) Tj ET Q q 0 0 0 rg BT 444.29 450.75 Td (that ) Tj ET Q q 0 0 0 rg BT 463.16 450.75 Td (we ) Tj ET Q q 0 0 0 rg BT 478.14 450.75 Td (are ) Tj ET Q q 0 0 0 rg BT 494.79 450.75 Td (able ) Tj ET Q q 0 0 0 rg BT 515.89 450.75 Td (to ) Tj ET Q q 0 0 0 rg BT 526.43 450.75 Td (provide, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 438.75 Td (which ) Tj ET Q q 0 0 0 rg BT 77.39 438.75 Td (could ) Tj ET Q q 0 0 0 rg BT 103.11 438.75 Td (harm ) Tj ET Q q 0 0 0 rg BT 127.71 438.75 Td (our ) Tj ET Q q 0 0 0 rg BT 143.99 438.75 Td (business. ) Tj ET Q q 0 0 0 rg BT 188.05 438.75 Td (In ) Tj ET Q q 0 0 0 rg BT 198.21 438.75 Td (addition, ) Tj ET Q q 0 0 0 rg BT 237.84 438.75 Td (technologies ) Tj ET Q q 0 0 0 rg BT 295.81 438.75 Td (have ) Tj ET Q q 0 0 0 rg BT 319.31 438.75 Td (been ) Tj ET Q q 0 0 0 rg BT 343.38 438.75 Td (developed ) Tj ET Q q 0 0 0 rg BT 391.35 438.75 Td (that ) Tj ET Q q 0 0 0 rg BT 409.85 438.75 Td (make ) Tj ET Q q 0 0 0 rg BT 436.12 438.75 Td (customized ) Tj ET Q q 0 0 0 rg BT 488.52 438.75 Td (ads ) Tj ET Q q 0 0 0 rg BT 506.46 438.75 Td (more ) Tj ET Q q 0 0 0 rg BT 531.06 438.75 Td (dif) Tj ET Q q 0 0 0 rg BT 541.44 438.75 Td (ficult ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 426.75 Td (or ) Tj ET Q q 0 0 0 rg BT 62.19 426.75 Td (that ) Tj ET Q q 0 0 0 rg BT 82.18 426.75 Td (block ) Tj ET Q q 0 0 0 rg BT 108.83 426.75 Td (the ) Tj ET Q q 0 0 0 rg BT 126.03 426.75 Td (display ) Tj ET Q q 0 0 0 rg BT 160.46 426.75 Td (of ) Tj ET Q q 0 0 0 rg BT 172.10 426.75 Td (ads ) Tj ET Q q 0 0 0 rg BT 191.53 426.75 Td (altogether ) Tj ET Q q 0 0 0 rg BT 239.31 426.75 Td (and ) Tj ET Q q 0 0 0 rg BT 259.30 426.75 Td (some ) Tj ET Q q 0 0 0 rg BT 287.06 426.75 Td (providers ) Tj ET Q q 0 0 0 rg BT 331.49 426.75 Td (of ) Tj ET Q q 0 0 0 rg BT 343.13 426.75 Td (online ) Tj ET Q q 0 0 0 rg BT 373.12 426.75 Td (services ) Tj ET Q q 0 0 0 rg BT 413.10 426.75 Td (have ) Tj ET Q q 0 0 0 rg BT 438.09 426.75 Td (integrated ) Tj ET Q q 0 0 0 rg BT 485.87 426.75 Td (technologies ) Tj ET Q q 0 0 0 rg BT 545.32 426.75 Td (that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 414.75 Td (could ) Tj ET Q q 0 0 0 rg BT 77.40 414.75 Td (potentially ) Tj ET Q q 0 0 0 rg BT 125.93 414.75 Td (impair ) Tj ET Q q 0 0 0 rg BT 156.66 414.75 Td (the ) Tj ET Q q 0 0 0 rg BT 174.06 414.75 Td (availability ) Tj ET Q q 0 0 0 rg BT 223.69 414.75 Td (and ) Tj ET Q q 0 0 0 rg BT 243.87 414.75 Td (functionality ) Tj ET Q q 0 0 0 rg BT 300.18 414.75 Td (of ) Tj ET Q q 0 0 0 rg BT 312.02 414.75 Td (third-party ) Tj ET Q q 0 0 0 rg BT 360.53 414.75 Td (digital ) Tj ET Q q 0 0 0 rg BT 390.16 414.75 Td (advertising. ) Tj ET Q q 0 0 0 rg BT 444.79 414.75 Td (Failing ) Tj ET Q q 0 0 0 rg BT 477.75 414.75 Td (to ) Tj ET Q q 0 0 0 rg BT 489.59 414.75 Td (provide ) Tj ET Q q 0 0 0 rg BT 525.88 414.75 Td (superior ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 402.75 Td (value ) Tj ET Q q 0 0 0 rg BT 78.41 402.75 Td (or ) Tj ET Q q 0 0 0 rg BT 91.81 402.75 Td (deliver ) Tj ET Q q 0 0 0 rg BT 125.78 402.75 Td (advertisements ) Tj ET Q q 0 0 0 rg BT 198.09 402.75 Td (ef) Tj ET Q q 0 0 0 rg BT 206.25 402.75 Td (fectively ) Tj ET Q q 0 0 0 rg BT 246.88 402.75 Td (and ) Tj ET Q q 0 0 0 rg BT 268.07 402.75 Td (competitively ) Tj ET Q q 0 0 0 rg BT 330.38 402.75 Td (could ) Tj ET Q q 0 0 0 rg BT 358.79 402.75 Td (harm ) Tj ET Q q 0 0 0 rg BT 386.08 402.75 Td (our ) Tj ET Q q 0 0 0 rg BT 405.04 402.75 Td (reputation, ) Tj ET Q q 0 0 0 rg BT 456.80 402.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 498.00 402.75 Td (condition, ) Tj ET Q q 0 0 0 rg BT 545.31 402.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 390.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 94.48 390.75 Td (results.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 372.75 Td (In ) Tj ET Q q 0 0 0 rg BT 83.75 372.75 Td (addition, ) Tj ET Q q 0 0 0 rg BT 123.97 372.75 Td (expenditures ) Tj ET Q q 0 0 0 rg BT 183.64 372.75 Td (by ) Tj ET Q q 0 0 0 rg BT 196.61 372.75 Td (advertisers ) Tj ET Q q 0 0 0 rg BT 247.92 372.75 Td (tend ) Tj ET Q q 0 0 0 rg BT 269.79 372.75 Td (to ) Tj ET Q q 0 0 0 rg BT 280.54 372.75 Td (be ) Tj ET Q q 0 0 0 rg BT 294.08 372.75 Td (cyclical, ) Tj ET Q q 0 0 0 rg BT 331.49 372.75 Td (reflecting ) Tj ET Q q 0 0 0 rg BT 374.47 372.75 Td (overall ) Tj ET Q q 0 0 0 rg BT 406.34 372.75 Td (economic ) Tj ET Q q 0 0 0 rg BT 451.55 372.75 Td (conditions ) Tj ET Q q 0 0 0 rg BT 498.99 372.75 Td (and ) Tj ET Q q 0 0 0 rg BT 518.08 372.75 Td (budgeting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 360.75 Td (and ) Tj ET Q q 0 0 0 rg BT 69.37 360.75 Td (buying ) Tj ET Q q 0 0 0 rg BT 101.52 360.75 Td (patterns. ) Tj ET Q q 0 0 0 rg BT 142.59 360.75 Td (Adverse ) Tj ET Q q 0 0 0 rg BT 181.96 360.75 Td (macroeconomic ) Tj ET Q q 0 0 0 rg BT 255.23 360.75 Td (conditions ) Tj ET Q q 0 0 0 rg BT 302.94 360.75 Td (can ) Tj ET Q q 0 0 0 rg BT 321.75 360.75 Td (also ) Tj ET Q q 0 0 0 rg BT 342.78 360.75 Td (have ) Tj ET Q q 0 0 0 rg BT 367.15 360.75 Td (a ) Tj ET Q q 0 0 0 rg BT 375.40 360.75 Td (material ) Tj ET Q q 0 0 0 rg BT 413.65 360.75 Td (negative ) Tj ET Q q 0 0 0 rg BT 454.15 360.75 Td (ef) Tj ET Q q 0 0 0 rg BT 462.30 360.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 481.11 360.75 Td (on ) Tj ET Q q 0 0 0 rg BT 494.92 360.75 Td (the ) Tj ET Q q 0 0 0 rg BT 511.51 360.75 Td (demand ) Tj ET Q q 0 0 0 rg BT 550.33 360.75 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 348.75 Td (advertising ) Tj ET Q q 0 0 0 rg BT 100.36 348.75 Td (and ) Tj ET Q q 0 0 0 rg BT 119.04 348.75 Td (cause ) Tj ET Q q 0 0 0 rg BT 147.72 348.75 Td (our ) Tj ET Q q 0 0 0 rg BT 164.17 348.75 Td (advertisers ) Tj ET Q q 0 0 0 rg BT 215.07 348.75 Td (to ) Tj ET Q q 0 0 0 rg BT 225.41 348.75 Td (reduce ) Tj ET Q q 0 0 0 rg BT 257.98 348.75 Td (the ) Tj ET Q q 0 0 0 rg BT 273.88 348.75 Td (amounts ) Tj ET Q q 0 0 0 rg BT 314.23 348.75 Td (they ) Tj ET Q q 0 0 0 rg BT 335.13 348.75 Td (spend ) Tj ET Q q 0 0 0 rg BT 364.38 348.75 Td (on ) Tj ET Q q 0 0 0 rg BT 377.50 348.75 Td (advertising, ) Tj ET Q q 0 0 0 rg BT 430.63 348.75 Td (which ) Tj ET Q q 0 0 0 rg BT 458.19 348.75 Td (could ) Tj ET Q q 0 0 0 rg BT 484.10 348.75 Td (harm ) Tj ET Q q 0 0 0 rg BT 508.88 348.75 Td (our ) Tj ET Q q 0 0 0 rg BT 525.33 348.75 Td (financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 336.75 Td (condition ) Tj ET Q q 0 0 0 rg BT 92.81 336.75 Td (and ) Tj ET Q q 0 0 0 rg BT 112.27 336.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 156.75 336.75 Td (results.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 73.00 318.75 Td (W) Tj ET Q q 0 0 0 rg BT 82.26 318.75 Td (e ) Tj ET Q q 0 0 0 rg BT 90.79 318.75 Td (face ) Tj ET Q q 0 0 0 rg BT 113.77 318.75 Td (intense ) Tj ET Q q 0 0 0 rg BT 151.74 318.75 Td (competition. ) Tj ET Q q 0 0 0 rg BT 214.15 318.75 Td (If ) Tj ET Q q 0 0 0 rg BT 223.23 318.75 Td (we ) Tj ET Q q 0 0 0 rg BT 239.54 318.75 Td (do ) Tj ET Q q 0 0 0 rg BT 254.72 318.75 Td (not ) Tj ET Q q 0 0 0 rg BT 273.23 318.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 317.87 318.75 Td (to ) Tj ET Q q 0 0 0 rg BT 330.27 318.75 Td (innovate ) Tj ET Q q 0 0 0 rg BT 374.36 318.75 Td (and ) Tj ET Q q 0 0 0 rg BT 395.10 318.75 Td (provide ) Tj ET Q q 0 0 0 rg BT 434.19 318.75 Td (products ) Tj ET Q q 0 0 0 rg BT 479.93 318.75 Td (and ) Tj ET Q q 0 0 0 rg BT 500.68 318.75 Td (services ) Tj ET Q q 0 0 0 rg BT 543.68 318.75 Td (that ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 306.75 Td (are ) Tj ET Q q 0 0 0 rg BT 67.79 306.75 Td (useful ) Tj ET Q q 0 0 0 rg BT 100.02 306.75 Td (to ) Tj ET Q q 0 0 0 rg BT 112.24 306.75 Td (users, ) Tj ET Q q 0 0 0 rg BT 144.48 306.75 Td (we ) Tj ET Q q 0 0 0 rg BT 160.60 306.75 Td (may ) Tj ET Q q 0 0 0 rg BT 183.39 306.75 Td (not ) Tj ET Q q 0 0 0 rg BT 201.71 306.75 Td (remain ) Tj ET Q q 0 0 0 rg BT 237.29 306.75 Td (competitive, ) Tj ET Q q 0 0 0 rg BT 298.41 306.75 Td (which ) Tj ET Q q 0 0 0 rg BT 329.53 306.75 Td (could ) Tj ET Q q 0 0 0 rg BT 358.97 306.75 Td (harm ) Tj ET Q q 0 0 0 rg BT 386.20 306.75 Td (our ) Tj ET Q q 0 0 0 rg BT 405.09 306.75 Td (business ) Tj ET Q q 0 0 0 rg BT 451.22 306.75 Td (and ) Tj ET Q q 0 0 0 rg BT 471.77 306.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 520.11 306.75 Td (results. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 288.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 95.40 288.75 Td (business ) Tj ET Q q 0 0 0 rg BT 140.60 288.75 Td (environment ) Tj ET Q q 0 0 0 rg BT 201.36 288.75 Td (is ) Tj ET Q q 0 0 0 rg BT 214.31 288.75 Td (rapidly ) Tj ET Q q 0 0 0 rg BT 249.50 288.75 Td (evolving ) Tj ET Q q 0 0 0 rg BT 291.92 288.75 Td (and ) Tj ET Q q 0 0 0 rg BT 314.33 288.75 Td (intensely ) Tj ET Q q 0 0 0 rg BT 359.53 288.75 Td (competitive. ) Tj ET Q q 0 0 0 rg BT 418.62 288.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 441.02 288.75 Td (businesses ) Tj ET Q q 0 0 0 rg BT 496.78 288.75 Td (face ) Tj ET Q q 0 0 0 rg BT 521.41 288.75 Td (changing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 276.75 Td (technologies, ) Tj ET Q q 0 0 0 rg BT 111.50 276.75 Td (shifting ) Tj ET Q q 0 0 0 rg BT 145.75 276.75 Td (user ) Tj ET Q q 0 0 0 rg BT 167.78 276.75 Td (needs, ) Tj ET Q q 0 0 0 rg BT 200.37 276.75 Td (and ) Tj ET Q q 0 0 0 rg BT 219.62 276.75 Td (frequent ) Tj ET Q q 0 0 0 rg BT 258.89 276.75 Td (introductions ) Tj ET Q q 0 0 0 rg BT 318.16 276.75 Td (of ) Tj ET Q q 0 0 0 rg BT 329.07 276.75 Td (rival ) Tj ET Q q 0 0 0 rg BT 349.97 276.75 Td (products ) Tj ET Q q 0 0 0 rg BT 390.89 276.75 Td (and ) Tj ET Q q 0 0 0 rg BT 410.15 276.75 Td (services. ) Tj ET Q q 0 0 0 rg BT 452.00 276.75 Td (T) Tj ET Q q 0 0 0 rg BT 457.00 276.75 Td (o ) Tj ET Q q 0 0 0 rg BT 465.13 276.75 Td (compete ) Tj ET Q q 0 0 0 rg BT 506.06 276.75 Td (successfully) Tj ET Q q 0 0 0 rg BT 559.22 276.75 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 264.75 Td (we ) Tj ET Q q 0 0 0 rg BT 64.71 264.75 Td (must ) Tj ET Q q 0 0 0 rg BT 88.31 264.75 Td (accurately ) Tj ET Q q 0 0 0 rg BT 135.81 264.75 Td (anticipate ) Tj ET Q q 0 0 0 rg BT 180.55 264.75 Td (technology ) Tj ET Q q 0 0 0 rg BT 230.84 264.75 Td (developments ) Tj ET Q q 0 0 0 rg BT 295.03 264.75 Td (and ) Tj ET Q q 0 0 0 rg BT 313.65 264.75 Td (deliver ) Tj ET Q q 0 0 0 rg BT 345.03 264.75 Td (innovative, ) Tj ET Q q 0 0 0 rg BT 394.77 264.75 Td (relevant ) Tj ET Q q 0 0 0 rg BT 432.27 264.75 Td (and ) Tj ET Q q 0 0 0 rg BT 450.88 264.75 Td (useful ) Tj ET Q q 0 0 0 rg BT 479.50 264.75 Td (products, ) Tj ET Q q 0 0 0 rg BT 522.56 264.75 Td (services, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 252.75 Td (and ) Tj ET Q q 0 0 0 rg BT 69.29 252.75 Td (technologies ) Tj ET Q q 0 0 0 rg BT 128.05 252.75 Td (in ) Tj ET Q q 0 0 0 rg BT 138.44 252.75 Td (a ) Tj ET Q q 0 0 0 rg BT 146.61 252.75 Td (timely ) Tj ET Q q 0 0 0 rg BT 175.32 252.75 Td (manner) Tj ET Q q 0 0 0 rg BT 208.68 252.75 Td (. ) Tj ET Q q 0 0 0 rg BT 213.55 252.75 Td (As ) Tj ET Q q 0 0 0 rg BT 227.82 252.75 Td (our ) Tj ET Q q 0 0 0 rg BT 244.88 252.75 Td (businesses ) Tj ET Q q 0 0 0 rg BT 297.52 252.75 Td (evolve, ) Tj ET Q q 0 0 0 rg BT 331.81 252.75 Td (the ) Tj ET Q q 0 0 0 rg BT 348.31 252.75 Td (competitive ) Tj ET Q q 0 0 0 rg BT 401.50 252.75 Td (pressure ) Tj ET Q q 0 0 0 rg BT 443.01 252.75 Td (to ) Tj ET Q q 0 0 0 rg BT 453.95 252.75 Td (innovate ) Tj ET Q q 0 0 0 rg BT 494.37 252.75 Td (will ) Tj ET Q q 0 0 0 rg BT 510.86 252.75 Td (encompass ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 240.75 Td (a ) Tj ET Q q 0 0 0 rg BT 57.54 240.75 Td (wider ) Tj ET Q q 0 0 0 rg BT 83.41 240.75 Td (range ) Tj ET Q q 0 0 0 rg BT 110.96 240.75 Td (of ) Tj ET Q q 0 0 0 rg BT 121.28 240.75 Td (products ) Tj ET Q q 0 0 0 rg BT 161.61 240.75 Td (and ) Tj ET Q q 0 0 0 rg BT 180.27 240.75 Td (services. ) Tj ET Q q 0 0 0 rg BT 221.70 240.75 Td (W) Tj ET Q q 0 0 0 rg BT 230.96 240.75 Td (e ) Tj ET Q q 0 0 0 rg BT 238.50 240.75 Td (must ) Tj ET Q q 0 0 0 rg BT 262.14 240.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 301.93 240.75 Td (to ) Tj ET Q q 0 0 0 rg BT 312.25 240.75 Td (invest ) Tj ET Q q 0 0 0 rg BT 340.34 240.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 386.79 240.75 Td (resources ) Tj ET Q q 0 0 0 rg BT 432.67 240.75 Td (in ) Tj ET Q q 0 0 0 rg BT 442.43 240.75 Td (research ) Tj ET Q q 0 0 0 rg BT 483.31 240.75 Td (and ) Tj ET Q q 0 0 0 rg BT 501.98 240.75 Td (development, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 228.75 Td (including ) Tj ET Q q 0 0 0 rg BT 92.25 228.75 Td (through ) Tj ET Q q 0 0 0 rg BT 128.95 228.75 Td (acquisitions, ) Tj ET Q q 0 0 0 rg BT 186.75 228.75 Td (in ) Tj ET Q q 0 0 0 rg BT 197.31 228.75 Td (order ) Tj ET Q q 0 0 0 rg BT 223.44 228.75 Td (to ) Tj ET Q q 0 0 0 rg BT 234.56 228.75 Td (enhance ) Tj ET Q q 0 0 0 rg BT 275.70 228.75 Td (our ) Tj ET Q q 0 0 0 rg BT 292.93 228.75 Td (technology ) Tj ET Q q 0 0 0 rg BT 344.08 228.75 Td (and ) Tj ET Q q 0 0 0 rg BT 363.54 228.75 Td (new ) Tj ET Q q 0 0 0 rg BT 384.67 228.75 Td (and ) Tj ET Q q 0 0 0 rg BT 404.13 228.75 Td (existing ) Tj ET Q q 0 0 0 rg BT 440.82 228.75 Td (products ) Tj ET Q q 0 0 0 rg BT 481.95 228.75 Td (and ) Tj ET Q q 0 0 0 rg BT 501.41 228.75 Td (services.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 210.75 Td (W) Tj ET Q q 0 0 0 rg BT 82.26 210.75 Td (e ) Tj ET Q q 0 0 0 rg BT 89.38 210.75 Td (have ) Tj ET Q q 0 0 0 rg BT 112.63 210.75 Td (many ) Tj ET Q q 0 0 0 rg BT 138.65 210.75 Td (competitors ) Tj ET Q q 0 0 0 rg BT 191.90 210.75 Td (in ) Tj ET Q q 0 0 0 rg BT 201.24 210.75 Td (dif) Tj ET Q q 0 0 0 rg BT 211.63 210.75 Td (ferent ) Tj ET Q q 0 0 0 rg BT 238.76 210.75 Td (industries. ) Tj ET Q q 0 0 0 rg BT 285.90 210.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 304.13 210.75 Td (current ) Tj ET Q q 0 0 0 rg BT 336.82 210.75 Td (and ) Tj ET Q q 0 0 0 rg BT 355.07 210.75 Td (potential ) Tj ET Q q 0 0 0 rg BT 394.44 210.75 Td (domestic ) Tj ET Q q 0 0 0 rg BT 436.02 210.75 Td (and ) Tj ET Q q 0 0 0 rg BT 454.27 210.75 Td (international ) Tj ET Q q 0 0 0 rg BT 510.32 210.75 Td (competitors ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 198.75 Td (range ) Tj ET Q q 0 0 0 rg BT 77.76 198.75 Td (from ) Tj ET Q q 0 0 0 rg BT 99.95 198.75 Td (large ) Tj ET Q q 0 0 0 rg BT 124.37 198.75 Td (and ) Tj ET Q q 0 0 0 rg BT 143.25 198.75 Td (established ) Tj ET Q q 0 0 0 rg BT 196.02 198.75 Td (companies ) Tj ET Q q 0 0 0 rg BT 246.57 198.75 Td (to ) Tj ET Q q 0 0 0 rg BT 257.10 198.75 Td (emerging ) Tj ET Q q 0 0 0 rg BT 300.97 198.75 Td (start-ups. ) Tj ET Q q 0 0 0 rg BT 344.84 198.75 Td (Some ) Tj ET Q q 0 0 0 rg BT 373.15 198.75 Td (competitors ) Tj ET Q q 0 0 0 rg BT 427.02 198.75 Td (have ) Tj ET Q q 0 0 0 rg BT 450.89 198.75 Td (longer ) Tj ET Q q 0 0 0 rg BT 480.88 198.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 524.76 198.75 Td (histories ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 186.75 Td (in ) Tj ET Q q 0 0 0 rg BT 61.08 186.75 Td (various ) Tj ET Q q 0 0 0 rg BT 96.61 186.75 Td (sectors. ) Tj ET Q q 0 0 0 rg BT 134.70 186.75 Td (They ) Tj ET Q q 0 0 0 rg BT 160.23 186.75 Td (can ) Tj ET Q q 0 0 0 rg BT 179.65 186.75 Td (use ) Tj ET Q q 0 0 0 rg BT 199.07 186.75 Td (their ) Tj ET Q q 0 0 0 rg BT 221.82 186.75 Td (experience ) Tj ET Q q 0 0 0 rg BT 274.04 186.75 Td (and ) Tj ET Q q 0 0 0 rg BT 294.02 186.75 Td (resources ) Tj ET Q q 0 0 0 rg BT 341.22 186.75 Td (in ) Tj ET Q q 0 0 0 rg BT 352.30 186.75 Td (ways ) Tj ET Q q 0 0 0 rg BT 378.38 186.75 Td (that ) Tj ET Q q 0 0 0 rg BT 398.36 186.75 Td (could ) Tj ET Q q 0 0 0 rg BT 425.56 186.75 Td (af) Tj ET Q q 0 0 0 rg BT 433.72 186.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 453.13 186.75 Td (our ) Tj ET Q q 0 0 0 rg BT 470.88 186.75 Td (competitive ) Tj ET Q q 0 0 0 rg BT 524.75 186.75 Td (position, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 174.75 Td (including ) Tj ET Q q 0 0 0 rg BT 91.85 174.75 Td (by ) Tj ET Q q 0 0 0 rg BT 104.78 174.75 Td (making ) Tj ET Q q 0 0 0 rg BT 139.39 174.75 Td (acquisitions, ) Tj ET Q q 0 0 0 rg BT 196.79 174.75 Td (continuing ) Tj ET Q q 0 0 0 rg BT 244.75 174.75 Td (to ) Tj ET Q q 0 0 0 rg BT 255.47 174.75 Td (invest ) Tj ET Q q 0 0 0 rg BT 283.96 174.75 Td (heavily ) Tj ET Q q 0 0 0 rg BT 317.46 174.75 Td (in ) Tj ET Q q 0 0 0 rg BT 327.62 174.75 Td (research ) Tj ET Q q 0 0 0 rg BT 368.90 174.75 Td (and ) Tj ET Q q 0 0 0 rg BT 387.95 174.75 Td (development ) Tj ET Q q 0 0 0 rg BT 447.59 174.75 Td (and ) Tj ET Q q 0 0 0 rg BT 466.64 174.75 Td (in ) Tj ET Q q 0 0 0 rg BT 476.80 174.75 Td (talent, ) Tj ET Q q 0 0 0 rg BT 506.41 174.75 Td (aggressively ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 162.75 Td (initiating ) Tj ET Q q 0 0 0 rg BT 89.71 162.75 Td (intellectual ) Tj ET Q q 0 0 0 rg BT 139.99 162.75 Td (property ) Tj ET Q q 0 0 0 rg BT 179.70 162.75 Td (claims ) Tj ET Q q 0 0 0 rg BT 211.06 162.75 Td (\(whether ) Tj ET Q q 0 0 0 rg BT 252.99 162.75 Td (or ) Tj ET Q q 0 0 0 rg BT 264.90 162.75 Td (not ) Tj ET Q q 0 0 0 rg BT 281.83 162.75 Td (meritorious\), ) Tj ET Q q 0 0 0 rg BT 340.42 162.75 Td (and ) Tj ET Q q 0 0 0 rg BT 360.13 162.75 Td (continuing ) Tj ET Q q 0 0 0 rg BT 408.74 162.75 Td (to ) Tj ET Q q 0 0 0 rg BT 420.10 162.75 Td (compete ) Tj ET Q q 0 0 0 rg BT 461.48 162.75 Td (aggressively ) Tj ET Q q 0 0 0 rg BT 520.09 162.75 Td (for ) Tj ET Q q 0 0 0 rg BT 534.78 162.75 Td (users, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 150.75 Td (advertisers, ) Tj ET Q q 0 0 0 rg BT 105.02 150.75 Td (customers, ) Tj ET Q q 0 0 0 rg BT 157.26 150.75 Td (and ) Tj ET Q q 0 0 0 rg BT 177.29 150.75 Td (content ) Tj ET Q q 0 0 0 rg BT 213.43 150.75 Td (providers. ) Tj ET Q q 0 0 0 rg BT 260.67 150.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 280.68 150.75 Td (competitors ) Tj ET Q q 0 0 0 rg BT 335.70 150.75 Td (may ) Tj ET Q q 0 0 0 rg BT 357.93 150.75 Td (be ) Tj ET Q q 0 0 0 rg BT 372.39 150.75 Td (able ) Tj ET Q q 0 0 0 rg BT 394.64 150.75 Td (to ) Tj ET Q q 0 0 0 rg BT 406.32 150.75 Td (innovate ) Tj ET Q q 0 0 0 rg BT 447.46 150.75 Td (and ) Tj ET Q q 0 0 0 rg BT 467.49 150.75 Td (provide ) Tj ET Q q 0 0 0 rg BT 503.62 150.75 Td (products ) Tj ET Q q 0 0 0 rg BT 545.31 150.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 138.75 Td (services ) Tj ET Q q 0 0 0 rg BT 88.54 138.75 Td (faster ) Tj ET Q q 0 0 0 rg BT 115.42 138.75 Td (than ) Tj ET Q q 0 0 0 rg BT 136.74 138.75 Td (we ) Tj ET Q q 0 0 0 rg BT 151.39 138.75 Td (can ) Tj ET Q q 0 0 0 rg BT 169.38 138.75 Td (or ) Tj ET Q q 0 0 0 rg BT 180.14 138.75 Td (may ) Tj ET Q q 0 0 0 rg BT 200.89 138.75 Td (foresee ) Tj ET Q q 0 0 0 rg BT 236.11 138.75 Td (the ) Tj ET Q q 0 0 0 rg BT 251.88 138.75 Td (need ) Tj ET Q q 0 0 0 rg BT 275.99 138.75 Td (for ) Tj ET Q q 0 0 0 rg BT 289.53 138.75 Td (products ) Tj ET Q q 0 0 0 rg BT 329.75 138.75 Td (and ) Tj ET Q q 0 0 0 rg BT 348.30 138.75 Td (services ) Tj ET Q q 0 0 0 rg BT 386.84 138.75 Td (before ) Tj ET Q q 0 0 0 rg BT 417.06 138.75 Td (us. ) Tj ET Q q 0 0 0 rg BT 432.26 138.75 Td (For ) Tj ET Q q 0 0 0 rg BT 449.13 138.75 Td (example, ) Tj ET Q q 0 0 0 rg BT 491.57 138.75 Td (we ) Tj ET Q q 0 0 0 rg BT 506.22 138.75 Td (are ) Tj ET Q q 0 0 0 rg BT 522.53 138.75 Td (investing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 126.75 Td (significantly ) Tj ET Q q 0 0 0 rg BT 104.06 126.75 Td (in ) Tj ET Q q 0 0 0 rg BT 114.21 126.75 Td (subscription-based ) Tj ET Q q 0 0 0 rg BT 200.52 126.75 Td (products ) Tj ET Q q 0 0 0 rg BT 241.24 126.75 Td (and ) Tj ET Q q 0 0 0 rg BT 260.30 126.75 Td (services ) Tj ET Q q 0 0 0 rg BT 299.34 126.75 Td (such ) Tj ET Q q 0 0 0 rg BT 322.84 126.75 Td (as ) Tj ET Q q 0 0 0 rg BT 335.61 126.75 Td (Y) Tj ET Q q 0 0 0 rg BT 341.37 126.75 Td (ouT) Tj ET Q q 0 0 0 rg BT 358.23 126.75 Td (ube, ) Tj ET Q q 0 0 0 rg BT 380.06 126.75 Td (which ) Tj ET Q q 0 0 0 rg BT 408.00 126.75 Td (face ) Tj ET Q q 0 0 0 rg BT 429.27 126.75 Td (intense ) Tj ET Q q 0 0 0 rg BT 463.88 126.75 Td (competition ) Tj ET Q q 0 0 0 rg BT 517.39 126.75 Td (from ) Tj ET Q q 0 0 0 rg BT 539.76 126.75 Td (large ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 114.75 Td (experienced ) Tj ET Q q 0 0 0 rg BT 107.26 114.75 Td (companies ) Tj ET Q q 0 0 0 rg BT 158.40 114.75 Td (with ) Tj ET Q q 0 0 0 rg BT 178.96 114.75 Td (well ) Tj ET Q q 0 0 0 rg BT 198.96 114.75 Td (established ) Tj ET Q q 0 0 0 rg BT 252.33 114.75 Td (relationships ) Tj ET Q q 0 0 0 rg BT 311.25 114.75 Td (with ) Tj ET Q q 0 0 0 rg BT 331.82 114.75 Td (users.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 96.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 92.39 96.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 136.81 96.75 Td (results ) Tj ET Q q 0 0 0 rg BT 168.99 96.75 Td (may ) Tj ET Q q 0 0 0 rg BT 190.60 96.75 Td (also ) Tj ET Q q 0 0 0 rg BT 211.67 96.75 Td (suf) Tj ET Q q 0 0 0 rg BT 224.83 96.75 Td (fer ) Tj ET Q q 0 0 0 rg BT 239.22 96.75 Td (if ) Tj ET Q q 0 0 0 rg BT 246.95 96.75 Td (our ) Tj ET Q q 0 0 0 rg BT 264.12 96.75 Td (products ) Tj ET Q q 0 0 0 rg BT 305.20 96.75 Td (and ) Tj ET Q q 0 0 0 rg BT 324.61 96.75 Td (services ) Tj ET Q q 0 0 0 rg BT 364.00 96.75 Td (are ) Tj ET Q q 0 0 0 rg BT 381.18 96.75 Td (not ) Tj ET Q q 0 0 0 rg BT 397.80 96.75 Td (responsive ) Tj ET Q q 0 0 0 rg BT 448.89 96.75 Td (to ) Tj ET Q q 0 0 0 rg BT 459.95 96.75 Td (the ) Tj ET Q q 0 0 0 rg BT 476.57 96.75 Td (needs ) Tj ET Q q 0 0 0 rg BT 506.54 96.75 Td (of ) Tj ET Q q 0 0 0 rg BT 517.60 96.75 Td (our ) Tj ET Q q 0 0 0 rg BT 534.78 96.75 Td (users, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 84.75 Td (advertisers, ) Tj ET Q q 0 0 0 rg BT 104.25 84.75 Td (publishers, ) Tj ET Q q 0 0 0 rg BT 155.18 84.75 Td (customers, ) Tj ET Q q 0 0 0 rg BT 206.65 84.75 Td (and ) Tj ET Q q 0 0 0 rg BT 225.90 84.75 Td (content ) Tj ET Q q 0 0 0 rg BT 261.27 84.75 Td (providers. ) Tj ET Q q 0 0 0 rg BT 307.23 84.75 Td (As ) Tj ET Q q 0 0 0 rg BT 321.47 84.75 Td (technologies ) Tj ET Q q 0 0 0 rg BT 380.19 84.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 420.56 84.75 Td (to ) Tj ET Q q 0 0 0 rg BT 431.47 84.75 Td (develop, ) Tj ET Q q 0 0 0 rg BT 471.84 84.75 Td (our ) Tj ET Q q 0 0 0 rg BT 488.86 84.75 Td (competitors ) Tj ET Q q 0 0 0 rg BT 543.11 84.75 Td (may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 72.75 Td (be ) Tj ET Q q 0 0 0 rg BT 63.57 72.75 Td (able ) Tj ET Q q 0 0 0 rg BT 84.92 72.75 Td (to ) Tj ET Q q 0 0 0 rg BT 95.70 72.75 Td (of) Tj ET Q q 0 0 0 rg BT 103.86 72.75 Td (fer ) Tj ET Q q 0 0 0 rg BT 117.97 72.75 Td (experiences ) Tj ET Q q 0 0 0 rg BT 174.34 72.75 Td (that ) Tj ET Q q 0 0 0 rg BT 193.46 72.75 Td (are, ) Tj ET Q q 0 0 0 rg BT 213.13 72.75 Td (or ) Tj ET Q q 0 0 0 rg BT 224.47 72.75 Td (that ) Tj ET Q q 0 0 0 rg BT 243.59 72.75 Td (are ) Tj ET Q q 0 0 0 rg BT 260.49 72.75 Td (seen ) Tj ET Q q 0 0 0 rg BT 284.62 72.75 Td (to ) Tj ET Q q 0 0 0 rg BT 295.40 72.75 Td (be, ) Tj ET Q q 0 0 0 rg BT 311.74 72.75 Td (substantially ) Tj ET Q q 0 0 0 rg BT 369.22 72.75 Td (similar ) Tj ET Q q 0 0 0 rg BT 400.55 72.75 Td (to ) Tj ET Q q 0 0 0 rg BT 411.33 72.75 Td (or ) Tj ET Q q 0 0 0 rg BT 422.67 72.75 Td (better ) Tj ET Q q 0 0 0 rg BT 450.68 72.75 Td (than ) Tj ET Q q 0 0 0 rg BT 472.59 72.75 Td (ours. ) Tj ET Q q 0 0 0 rg BT 497.10 72.75 Td (This ) Tj ET Q q 0 0 0 rg BT 518.44 72.75 Td (may ) Tj ET Q q 0 0 0 rg BT 539.77 72.75 Td (force ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 60.75 Td (us ) Tj ET Q q 0 0 0 rg BT 63.81 60.75 Td (to ) Tj ET Q q 0 0 0 rg BT 75.41 60.75 Td (compete ) Tj ET Q q 0 0 0 rg BT 117.01 60.75 Td (in ) Tj ET Q q 0 0 0 rg BT 128.05 60.75 Td (dif) Tj ET Q q 0 0 0 rg BT 138.43 60.75 Td (ferent ) Tj ET Q q 0 0 0 rg BT 167.25 60.75 Td (ways ) Tj ET Q q 0 0 0 rg BT 193.29 60.75 Td (and ) Tj ET Q q 0 0 0 rg BT 213.22 60.75 Td (expend ) Tj ET Q q 0 0 0 rg BT 249.28 60.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 297.00 60.75 Td (resources ) Tj ET Q q 0 0 0 rg BT 344.16 60.75 Td (in ) Tj ET Q q 0 0 0 rg BT 355.20 60.75 Td (order ) Tj ET Q q 0 0 0 rg BT 381.79 60.75 Td (to ) Tj ET Q q 0 0 0 rg BT 393.38 60.75 Td (remain ) Tj ET Q q 0 0 0 rg BT 427.20 60.75 Td (competitive. ) Tj ET Q q 0 0 0 rg BT 483.81 60.75 Td (If ) Tj ET Q q 0 0 0 rg BT 492.62 60.75 Td (our ) Tj ET Q q 0 0 0 rg BT 510.32 60.75 Td (competitors ) Tj ET Q endstream endobj 23 0 obj <>] /Rotate 0 /Contents 24 0 R>> endobj 24 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 53 767.11455078125 m 123.04443359375 767.11455078125 l s q 0 0 1 rg BT 53.00 768.40 Td (T) Tj ET Q q 0 0 1 rg BT 57.50 768.40 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.396078431372549 0.396078431372549 0.396078431372549 rg BT 500.45 768.40 Td (Alphabet Inc.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.40 31.25 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 741.75 Td (are ) Tj ET Q q 0 0 0 rg BT 67.41 741.75 Td (more ) Tj ET Q q 0 0 0 rg BT 93.15 741.75 Td (successful ) Tj ET Q q 0 0 0 rg BT 142.79 741.75 Td (than ) Tj ET Q q 0 0 0 rg BT 165.21 741.75 Td (we ) Tj ET Q q 0 0 0 rg BT 180.95 741.75 Td (are ) Tj ET Q q 0 0 0 rg BT 198.36 741.75 Td (in ) Tj ET Q q 0 0 0 rg BT 209.10 741.75 Td (developing ) Tj ET Q q 0 0 0 rg BT 260.43 741.75 Td (compelling ) Tj ET Q q 0 0 0 rg BT 311.18 741.75 Td (products ) Tj ET Q q 0 0 0 rg BT 352.50 741.75 Td (or ) Tj ET Q q 0 0 0 rg BT 364.34 741.75 Td (in ) Tj ET Q q 0 0 0 rg BT 375.08 741.75 Td (attracting ) Tj ET Q q 0 0 0 rg BT 419.17 741.75 Td (and ) Tj ET Q q 0 0 0 rg BT 438.81 741.75 Td (retaining ) Tj ET Q q 0 0 0 rg BT 480.13 741.75 Td (users, ) Tj ET Q q 0 0 0 rg BT 510.31 741.75 Td (advertisers, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 729.75 Td (publishers, ) Tj ET Q q 0 0 0 rg BT 101.14 729.75 Td (customers, ) Tj ET Q q 0 0 0 rg BT 152.82 729.75 Td (and ) Tj ET Q q 0 0 0 rg BT 172.28 729.75 Td (content ) Tj ET Q q 0 0 0 rg BT 207.86 729.75 Td (providers, ) Tj ET Q q 0 0 0 rg BT 254.55 729.75 Td (our ) Tj ET Q q 0 0 0 rg BT 271.78 729.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 316.25 729.75 Td (results ) Tj ET Q q 0 0 0 rg BT 348.49 729.75 Td (could ) Tj ET Q q 0 0 0 rg BT 375.17 729.75 Td (be ) Tj ET Q q 0 0 0 rg BT 389.07 729.75 Td (harmed.) 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(operations ) Tj ET Q q 0 0 0 rg BT 226.12 699.75 Td (and ) Tj ET Q q 0 0 0 rg BT 246.68 699.75 Td (harm ) Tj ET Q q 0 0 0 rg BT 273.91 699.75 Td (our ) Tj ET Q q 0 0 0 rg BT 292.80 699.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 336.14 699.75 Td (condition ) Tj ET Q q 0 0 0 rg BT 383.91 699.75 Td (and ) Tj ET Q q 0 0 0 rg BT 404.47 699.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 452.80 699.75 Td (results. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 681.75 Td (W) Tj ET Q q 0 0 0 rg BT 82.26 681.75 Td (e ) Tj ET Q q 0 0 0 rg BT 90.09 681.75 Td (have ) Tj ET Q q 0 0 0 rg BT 114.04 681.75 Td (invested ) Tj ET Q q 0 0 0 rg BT 153.55 681.75 Td (and ) Tj ET Q q 0 0 0 rg BT 172.50 681.75 Td (expect ) Tj ET Q q 0 0 0 rg BT 204.23 681.75 Td (to ) Tj ET Q q 0 0 0 rg BT 214.84 681.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 254.91 681.75 Td (to ) Tj ET Q q 0 0 0 rg BT 265.52 681.75 Td (invest ) Tj ET Q q 0 0 0 rg BT 293.91 681.75 Td (in ) Tj ET Q q 0 0 0 rg BT 303.96 681.75 Td (new ) Tj ET Q q 0 0 0 rg BT 324.57 681.75 Td (businesses, ) Tj ET Q q 0 0 0 rg BT 379.65 681.75 Td (products, ) Tj ET Q q 0 0 0 rg BT 423.05 681.75 Td (services, ) Tj ET Q q 0 0 0 rg BT 464.77 681.75 Td (and ) Tj ET Q q 0 0 0 rg BT 483.72 681.75 Td (technologies. ) Tj ET Q q 0 0 0 rg BT 544.77 681.75 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 669.75 Td (investments ) Tj ET Q q 0 0 0 rg BT 106.80 669.75 Td (that ) Tj ET Q q 0 0 0 rg BT 126.93 669.75 Td (we ) Tj ET Q q 0 0 0 rg BT 143.15 669.75 Td (are ) Tj ET Q q 0 0 0 rg BT 161.05 669.75 Td (making ) Tj ET Q q 0 0 0 rg BT 196.74 669.75 Td (across ) Tj ET Q q 0 0 0 rg BT 229.63 669.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 265.33 669.75 Td (and ) Tj ET Q q 0 0 0 rg BT 285.46 669.75 Td (Other ) Tj ET Q q 0 0 0 rg BT 313.91 669.75 Td (Bets ) Tj ET Q q 0 0 0 rg BT 337.37 669.75 Td (reflect ) Tj ET Q q 0 0 0 rg BT 368.05 669.75 Td (our ) Tj ET Q q 0 0 0 rg BT 385.94 669.75 Td (ongoing ) Tj ET Q q 0 0 0 rg BT 424.98 669.75 Td (ef) Tj ET Q q 0 0 0 rg BT 433.14 669.75 Td (forts ) Tj ET Q q 0 0 0 rg BT 456.03 669.75 Td (to ) Tj ET Q q 0 0 0 rg BT 467.82 669.75 Td (innovate ) Tj ET Q q 0 0 0 rg BT 509.07 669.75 Td (and ) Tj ET Q q 0 0 0 rg BT 529.20 669.75 Td (provide ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 657.75 Td (products ) Tj ET Q q 0 0 0 rg BT 93.20 657.75 Td (and ) Tj ET Q q 0 0 0 rg BT 114.74 657.75 Td (services ) Tj ET Q q 0 0 0 rg BT 156.26 657.75 Td (that ) Tj ET Q q 0 0 0 rg BT 177.79 657.75 Td (are ) Tj ET Q q 0 0 0 rg BT 197.09 657.75 Td (useful ) Tj ET Q q 0 0 0 rg BT 228.63 657.75 Td (to ) Tj ET Q q 0 0 0 rg BT 241.81 657.75 Td (users, ) Tj ET Q q 0 0 0 rg BT 273.90 657.75 Td (advertisers, ) Tj ET Q q 0 0 0 rg BT 330.43 657.75 Td (publishers, ) Tj ET Q q 0 0 0 rg BT 383.64 657.75 Td (customers, ) Tj ET Q q 0 0 0 rg BT 437.39 657.75 Td (and ) Tj ET Q q 0 0 0 rg BT 458.92 657.75 Td (content ) Tj ET Q q 0 0 0 rg BT 496.57 657.75 Td (providers. ) Tj ET Q q 0 0 0 rg BT 545.33 657.75 Td (Our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 645.75 Td (investments ) Tj ET Q q 0 0 0 rg BT 106.20 645.75 Td (in ) Tj ET Q q 0 0 0 rg BT 116.84 645.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 151.93 645.75 Td (and ) Tj ET Q q 0 0 0 rg BT 171.47 645.75 Td (Other ) Tj ET Q q 0 0 0 rg BT 199.33 645.75 Td (Bets ) Tj ET Q q 0 0 0 rg BT 222.19 645.75 Td (span ) Tj ET Q q 0 0 0 rg BT 246.72 645.75 Td (a ) Tj ET Q q 0 0 0 rg BT 255.13 645.75 Td (wide ) Tj ET Q q 0 0 0 rg BT 278.55 645.75 Td (range ) Tj ET Q q 0 0 0 rg BT 306.98 645.75 Td (of ) Tj ET Q q 0 0 0 rg BT 318.17 645.75 Td (industries ) Tj ET Q q 0 0 0 rg BT 363.82 645.75 Td (beyond ) Tj ET Q q 0 0 0 rg BT 399.47 645.75 Td (online ) Tj ET Q q 0 0 0 rg BT 429.01 645.75 Td (advertising. ) Tj ET Q q 0 0 0 rg BT 483.00 645.75 Td (Such ) Tj ET Q q 0 0 0 rg BT 508.64 645.75 Td (investments ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 633.75 Td (ultimately ) Tj ET Q q 0 0 0 rg BT 95.78 633.75 Td (may ) Tj ET Q q 0 0 0 rg BT 118.21 633.75 Td (not ) Tj ET Q q 0 0 0 rg BT 135.66 633.75 Td (be ) Tj ET Q q 0 0 0 rg BT 150.33 633.75 Td (commercially ) Tj ET Q q 0 0 0 rg BT 212.21 633.75 Td (viable ) Tj ET Q q 0 0 0 rg BT 241.88 633.75 Td (or ) Tj ET Q q 0 0 0 rg BT 254.32 633.75 Td (may ) Tj ET Q q 0 0 0 rg BT 276.75 633.75 Td (not ) Tj ET Q q 0 0 0 rg BT 294.20 633.75 Td (result ) Tj ET Q q 0 0 0 rg BT 322.19 633.75 Td (in ) Tj ET Q q 0 0 0 rg BT 333.52 633.75 Td (an ) Tj ET Q q 0 0 0 rg BT 348.19 633.75 Td (adequate ) Tj ET Q q 0 0 0 rg BT 393.44 633.75 Td (return ) Tj ET Q q 0 0 0 rg BT 423.10 633.75 Td (of ) Tj ET Q q 0 0 0 rg BT 434.99 633.75 Td (capital ) Tj ET Q q 0 0 0 rg BT 467.44 633.75 Td (and, ) Tj ET Q q 0 0 0 rg BT 490.44 633.75 Td (in ) Tj ET Q q 0 0 0 rg BT 501.77 633.75 Td (pursuing ) Tj ET Q q 0 0 0 rg BT 543.67 633.75 Td (new ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 621.75 Td (strategies, ) Tj ET Q q 0 0 0 rg BT 99.75 621.75 Td (we ) Tj ET Q q 0 0 0 rg BT 116.15 621.75 Td (may ) Tj ET Q q 0 0 0 rg BT 138.65 621.75 Td (incur ) Tj ET Q q 0 0 0 rg BT 163.94 621.75 Td (unanticipated ) Tj ET Q q 0 0 0 rg BT 227.05 621.75 Td (liabilities. ) Tj ET Q q 0 0 0 rg BT 271.00 621.75 Td (These ) Tj ET Q q 0 0 0 rg BT 302.41 621.75 Td (endeavors ) Tj ET Q q 0 0 0 rg BT 352.73 621.75 Td (may ) Tj ET Q q 0 0 0 rg BT 375.23 621.75 Td (involve ) Tj ET Q q 0 0 0 rg BT 409.98 621.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 458.06 621.75 Td (risks ) Tj ET Q q 0 0 0 rg BT 482.23 621.75 Td (and ) Tj ET Q q 0 0 0 rg BT 502.52 621.75 Td (uncertainties, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 609.75 Td (including ) Tj ET Q q 0 0 0 rg BT 93.48 609.75 Td (diversion ) Tj ET Q q 0 0 0 rg BT 137.50 609.75 Td (of ) Tj ET Q q 0 0 0 rg BT 149.85 609.75 Td (management ) Tj ET Q q 0 0 0 rg BT 212.22 609.75 Td (resources ) Tj ET Q q 0 0 0 rg BT 260.14 609.75 Td (and, ) Tj ET Q q 0 0 0 rg BT 283.61 609.75 Td (with ) Tj ET Q q 0 0 0 rg BT 305.39 609.75 Td (respect ) Tj ET Q q 0 0 0 rg BT 342.19 609.75 Td (to ) Tj ET Q q 0 0 0 rg BT 354.54 609.75 Td (Other ) Tj ET Q q 0 0 0 rg BT 383.55 609.75 Td (Bets, ) Tj ET Q q 0 0 0 rg BT 410.35 609.75 Td (the ) Tj ET Q q 0 0 0 rg BT 428.26 609.75 Td (use ) Tj ET Q q 0 0 0 rg BT 448.38 609.75 Td (of ) Tj ET Q q 0 0 0 rg BT 460.73 609.75 Td (alternative ) Tj ET Q q 0 0 0 rg BT 510.87 609.75 Td (investment, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 597.75 Td (governance, ) Tj ET Q q 0 0 0 rg BT 107.38 597.75 Td (or ) Tj ET Q q 0 0 0 rg BT 118.61 597.75 Td (compensation ) Tj ET Q q 0 0 0 rg BT 183.20 597.75 Td (structures ) Tj ET Q q 0 0 0 rg BT 229.44 597.75 Td (that ) Tj ET Q q 0 0 0 rg BT 248.46 597.75 Td (may ) Tj ET Q q 0 0 0 rg BT 269.69 597.75 Td (fail ) Tj ET Q q 0 0 0 rg BT 284.81 597.75 Td (to ) Tj ET Q q 0 0 0 rg BT 295.49 597.75 Td (adequately ) Tj ET Q q 0 0 0 rg BT 346.75 597.75 Td (align ) Tj ET Q q 0 0 0 rg BT 370.22 597.75 Td (incentives ) Tj ET Q q 0 0 0 rg BT 417.02 597.75 Td (across ) Tj ET Q q 0 0 0 rg BT 448.82 597.75 Td (the ) Tj ET Q q 0 0 0 rg BT 465.05 597.75 Td (company ) Tj ET Q q 0 0 0 rg BT 507.97 597.75 Td (or ) Tj ET Q q 0 0 0 rg BT 519.20 597.75 Td (otherwise ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 585.75 Td (accomplish ) Tj ET Q q 0 0 0 rg BT 102.80 585.75 Td (their ) Tj ET Q q 0 0 0 rg BT 125.03 585.75 Td (objectives.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 567.75 Td (Within ) Tj ET Q q 0 0 0 rg BT 115.72 567.75 Td (Google, ) Tj ET Q q 0 0 0 rg BT 152.68 567.75 Td (we ) Tj ET Q q 0 0 0 rg BT 167.41 567.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 207.15 567.75 Td (to ) Tj ET Q q 0 0 0 rg BT 217.43 567.75 Td (invest ) Tj ET Q q 0 0 0 rg BT 245.49 567.75 Td (heavily ) Tj ET Q q 0 0 0 rg BT 278.56 567.75 Td (in ) Tj ET Q q 0 0 0 rg BT 288.28 567.75 Td (hardware, ) Tj ET Q q 0 0 0 rg BT 334.69 567.75 Td (including ) Tj ET Q q 0 0 0 rg BT 376.10 567.75 Td (our ) Tj ET Q q 0 0 0 rg BT 392.49 567.75 Td (smartphones ) Tj ET Q q 0 0 0 rg BT 452.24 567.75 Td (and ) Tj ET Q q 0 0 0 rg BT 470.86 567.75 Td (home ) Tj ET Q q 0 0 0 rg BT 497.81 567.75 Td (devices, ) Tj ET Q q 0 0 0 rg BT 536.43 567.75 Td (which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 555.75 Td (is ) Tj ET Q q 0 0 0 rg BT 59.55 555.75 Td (a ) Tj ET Q q 0 0 0 rg BT 67.44 555.75 Td (highly ) Tj ET Q q 0 0 0 rg BT 95.90 555.75 Td (competitive ) Tj ET Q q 0 0 0 rg BT 148.81 555.75 Td (market ) Tj ET Q q 0 0 0 rg BT 181.70 555.75 Td (with ) Tj ET Q q 0 0 0 rg BT 201.82 555.75 Td (frequent ) Tj ET Q q 0 0 0 rg BT 240.84 555.75 Td (introduction ) Tj ET Q q 0 0 0 rg BT 294.87 555.75 Td (of ) Tj ET Q q 0 0 0 rg BT 305.54 555.75 Td (new ) Tj ET Q q 0 0 0 rg BT 326.22 555.75 Td (products ) Tj ET Q q 0 0 0 rg BT 366.90 555.75 Td (and ) Tj ET Q q 0 0 0 rg BT 385.92 555.75 Td (services, ) Tj ET Q q 0 0 0 rg BT 427.70 555.75 Td (rapid ) Tj ET Q q 0 0 0 rg BT 452.27 555.75 Td (adoption ) Tj ET Q q 0 0 0 rg BT 492.97 555.75 Td (of ) Tj ET Q q 0 0 0 rg BT 503.64 555.75 Td (technological ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 543.75 Td (advancements ) Tj ET Q q 0 0 0 rg BT 117.01 543.75 Td (by ) Tj ET Q q 0 0 0 rg BT 129.55 543.75 Td (competitors, ) Tj ET Q q 0 0 0 rg BT 185.98 543.75 Td (short ) Tj ET Q q 0 0 0 rg BT 210.19 543.75 Td (product ) Tj ET Q q 0 0 0 rg BT 245.51 543.75 Td (life ) Tj ET Q q 0 0 0 rg BT 260.27 543.75 Td (cycles, ) Tj ET Q q 0 0 0 rg BT 292.80 543.75 Td (evolving ) Tj ET Q q 0 0 0 rg BT 331.46 543.75 Td (industry ) Tj ET Q q 0 0 0 rg BT 368.45 543.75 Td (standards, ) Tj ET Q q 0 0 0 rg BT 417.12 543.75 Td (continual ) Tj ET Q q 0 0 0 rg BT 459.12 543.75 Td (improvement ) Tj ET Q q 0 0 0 rg BT 518.89 543.75 Td (in ) Tj ET Q q 0 0 0 rg BT 528.65 543.75 Td (product ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 531.75 Td (price ) Tj ET Q q 0 0 0 rg BT 75.16 531.75 Td (and ) Tj ET Q q 0 0 0 rg BT 95.33 531.75 Td (performance ) Tj ET Q q 0 0 0 rg BT 154.96 531.75 Td (characteristics, ) Tj ET Q q 0 0 0 rg BT 225.13 531.75 Td (and ) Tj ET Q q 0 0 0 rg BT 245.31 531.75 Td (price ) Tj ET Q q 0 0 0 rg BT 270.47 531.75 Td (and ) Tj ET Q q 0 0 0 rg BT 290.64 531.75 Td (feature ) Tj ET Q q 0 0 0 rg BT 325.26 531.75 Td (sensitivity ) Tj ET Q q 0 0 0 rg BT 372.09 531.75 Td (on ) Tj ET Q q 0 0 0 rg BT 386.70 531.75 Td (the ) Tj ET Q q 0 0 0 rg BT 404.09 531.75 Td (part ) Tj ET Q q 0 0 0 rg BT 424.81 531.75 Td (of ) Tj ET Q q 0 0 0 rg BT 436.64 531.75 Td (consumers ) Tj ET Q q 0 0 0 rg BT 489.03 531.75 Td (and ) Tj ET Q q 0 0 0 rg BT 509.21 531.75 Td (businesses. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 519.75 Td (There ) Tj ET Q q 0 0 0 rg BT 78.90 519.75 Td (can ) Tj ET Q q 0 0 0 rg BT 97.80 519.75 Td (be ) Tj ET Q q 0 0 0 rg BT 111.70 519.75 Td (no ) Tj ET Q q 0 0 0 rg BT 125.61 519.75 Td (assurance ) Tj ET Q q 0 0 0 rg BT 174.52 519.75 Td (we ) Tj ET Q q 0 0 0 rg BT 190.08 519.75 Td (will ) Tj ET Q q 0 0 0 rg BT 206.75 519.75 Td (be ) Tj ET Q q 0 0 0 rg BT 220.65 519.75 Td (able ) Tj ET Q q 0 0 0 rg BT 242.33 519.75 Td (to ) Tj ET Q q 0 0 0 rg BT 253.45 519.75 Td (provide ) Tj ET Q q 0 0 0 rg BT 289.03 519.75 Td (hardware ) Tj ET Q q 0 0 0 rg BT 333.50 519.75 Td (that ) Tj ET Q q 0 0 0 rg BT 352.95 519.75 Td (competes ) Tj ET Q q 0 0 0 rg BT 399.09 519.75 Td (ef) Tj ET Q q 0 0 0 rg BT 407.25 519.75 Td (fectively) Tj ET Q q 0 0 0 rg BT 442.63 519.75 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 501.75 Td (W) Tj ET Q q 0 0 0 rg BT 95.26 501.75 Td (e ) Tj ET Q q 0 0 0 rg BT 102.43 501.75 Td (are ) Tj ET Q q 0 0 0 rg BT 118.50 501.75 Td (also ) Tj ET Q q 0 0 0 rg BT 138.46 501.75 Td (devoting ) Tj ET Q q 0 0 0 rg BT 177.88 501.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 223.96 501.75 Td (resources ) Tj ET Q q 0 0 0 rg BT 269.48 501.75 Td (to ) Tj ET Q q 0 0 0 rg BT 279.43 501.75 Td (develop ) Tj ET Q q 0 0 0 rg BT 316.07 501.75 Td (and ) Tj ET Q q 0 0 0 rg BT 334.37 501.75 Td (deploy ) Tj ET Q q 0 0 0 rg BT 365.45 501.75 Td (our ) Tj ET Q q 0 0 0 rg BT 381.51 501.75 Td (enterprise-ready ) Tj ET Q q 0 0 0 rg BT 455.94 501.75 Td (cloud ) Tj ET Q q 0 0 0 rg BT 481.46 501.75 Td (services, ) Tj ET Q q 0 0 0 rg BT 522.52 501.75 Td (including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 489.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 86.22 489.75 Td (Cloud ) Tj ET Q q 0 0 0 rg BT 116.32 489.75 Td (Platform ) Tj ET Q q 0 0 0 rg BT 157.52 489.75 Td (and ) Tj ET Q q 0 0 0 rg BT 178.17 489.75 Td (G ) Tj ET Q q 0 0 0 rg BT 189.92 489.75 Td (Suite. ) Tj ET Q q 0 0 0 rg BT 219.46 489.75 Td (W) Tj ET Q q 0 0 0 rg BT 228.72 489.75 Td (e ) Tj ET Q q 0 0 0 rg BT 238.25 489.75 Td (are ) Tj ET Q q 0 0 0 rg BT 256.68 489.75 Td (incurring ) Tj ET Q q 0 0 0 rg BT 299.00 489.75 Td (costs ) Tj ET Q q 0 0 0 rg BT 326.31 489.75 Td (to ) Tj ET Q q 0 0 0 rg BT 338.62 489.75 Td (build ) Tj ET Q q 0 0 0 rg BT 363.72 489.75 Td (and ) Tj ET Q q 0 0 0 rg BT 384.37 489.75 Td (maintain ) Tj ET Q q 0 0 0 rg BT 426.14 489.75 Td (infrastructure ) Tj ET Q q 0 0 0 rg BT 488.47 489.75 Td (to ) Tj ET Q q 0 0 0 rg BT 500.78 489.75 Td (support ) Tj ET Q q 0 0 0 rg BT 538.10 489.75 Td (cloud ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 477.75 Td (computing ) Tj ET Q q 0 0 0 rg BT 100.08 477.75 Td (services ) Tj ET Q q 0 0 0 rg BT 140.69 477.75 Td (and ) Tj ET Q q 0 0 0 rg BT 161.32 477.75 Td (hire ) Tj ET Q q 0 0 0 rg BT 181.94 477.75 Td (talent, ) Tj ET Q q 0 0 0 rg BT 213.12 477.75 Td (particularly ) Tj ET Q q 0 0 0 rg BT 265.41 477.75 Td (to ) Tj ET Q q 0 0 0 rg BT 277.69 477.75 Td (support ) Tj ET Q q 0 0 0 rg BT 314.98 477.75 Td (and ) Tj ET Q q 0 0 0 rg BT 335.61 477.75 Td (scale ) Tj ET Q q 0 0 0 rg BT 362.90 477.75 Td (the ) Tj ET Q q 0 0 0 rg BT 380.74 477.75 Td (Cloud ) Tj ET Q q 0 0 0 rg BT 410.81 477.75 Td (salesforce. ) Tj ET Q q 0 0 0 rg BT 462.32 477.75 Td (At ) Tj ET Q q 0 0 0 rg BT 475.71 477.75 Td (the ) Tj ET Q q 0 0 0 rg BT 493.55 477.75 Td (same ) Tj ET Q q 0 0 0 rg BT 521.94 477.75 Td (time, ) Tj ET Q q 0 0 0 rg BT 547.56 477.75 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 465.75 Td (competitors ) Tj ET Q q 0 0 0 rg BT 104.42 465.75 Td (are ) Tj ET Q q 0 0 0 rg BT 121.62 465.75 Td (rapidly ) Tj ET Q q 0 0 0 rg BT 153.82 465.75 Td (developing ) Tj ET Q q 0 0 0 rg BT 204.93 465.75 Td (and ) Tj ET Q q 0 0 0 rg BT 224.36 465.75 Td (deploying ) Tj ET Q q 0 0 0 rg BT 269.91 465.75 Td (cloud-based ) Tj ET Q q 0 0 0 rg BT 327.13 465.75 Td (services. ) Tj ET Q q 0 0 0 rg BT 369.32 465.75 Td (Pricing ) Tj ET Q q 0 0 0 rg BT 402.63 465.75 Td (and ) Tj ET Q q 0 0 0 rg BT 422.06 465.75 Td (delivery ) Tj ET Q q 0 0 0 rg BT 459.25 465.75 Td (models ) Tj ET Q q 0 0 0 rg BT 494.23 465.75 Td (are ) Tj ET Q q 0 0 0 rg BT 511.42 465.75 Td (competitive ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 453.75 Td (and ) Tj ET Q q 0 0 0 rg BT 69.46 453.75 Td (evolving, ) Tj ET Q q 0 0 0 rg BT 111.71 453.75 Td (and ) Tj ET Q q 0 0 0 rg BT 131.17 453.75 Td (we ) Tj ET Q q 0 0 0 rg BT 146.73 453.75 Td (may ) Tj ET Q q 0 0 0 rg BT 168.40 453.75 Td (not ) Tj ET Q q 0 0 0 rg BT 185.08 453.75 Td (attain ) Tj ET Q q 0 0 0 rg BT 212.32 453.75 Td (suf) Tj ET Q q 0 0 0 rg BT 225.48 453.75 Td (ficient ) Tj ET Q q 0 0 0 rg BT 254.38 453.75 Td (scale ) Tj ET Q q 0 0 0 rg BT 280.51 453.75 Td (and ) Tj ET Q q 0 0 0 rg BT 299.97 453.75 Td (profitability ) Tj ET Q q 0 0 0 rg BT 350.55 453.75 Td (to ) Tj ET Q q 0 0 0 rg BT 361.67 453.75 Td (achieve ) Tj ET Q q 0 0 0 rg BT 398.91 453.75 Td (our ) Tj ET Q q 0 0 0 rg BT 416.14 453.75 Td (business ) Tj ET Q q 0 0 0 rg BT 458.39 453.75 Td (objectives.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 435.75 Td (Within ) Tj ET Q q 0 0 0 rg BT 115.74 435.75 Td (Other ) Tj ET Q q 0 0 0 rg BT 142.71 435.75 Td (Bets, ) Tj ET Q q 0 0 0 rg BT 167.45 435.75 Td (we ) Tj ET Q q 0 0 0 rg BT 182.19 435.75 Td (are ) Tj ET Q q 0 0 0 rg BT 198.60 435.75 Td (investing ) Tj ET Q q 0 0 0 rg BT 240.03 435.75 Td (significantly ) Tj ET Q q 0 0 0 rg BT 293.68 435.75 Td (in ) Tj ET Q q 0 0 0 rg BT 303.42 435.75 Td (the ) Tj ET Q q 0 0 0 rg BT 319.28 435.75 Td (areas ) Tj ET Q q 0 0 0 rg BT 346.25 435.75 Td (of ) Tj ET Q q 0 0 0 rg BT 356.55 435.75 Td (health, ) Tj ET Q q 0 0 0 rg BT 388.53 435.75 Td (life ) Tj ET Q q 0 0 0 rg BT 403.27 435.75 Td (sciences, ) Tj ET Q q 0 0 0 rg BT 446.91 435.75 Td (and ) Tj ET Q q 0 0 0 rg BT 465.55 435.75 Td (transportation, ) Tj ET Q q 0 0 0 rg BT 531.44 435.75 Td (among ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 423.75 Td (others. ) Tj ET Q q 0 0 0 rg BT 82.63 423.75 Td (These ) Tj ET Q q 0 0 0 rg BT 112.62 423.75 Td (investment ) Tj ET Q q 0 0 0 rg BT 163.17 423.75 Td (areas ) Tj ET Q q 0 0 0 rg BT 190.38 423.75 Td (face ) Tj ET Q q 0 0 0 rg BT 211.48 423.75 Td (intense ) Tj ET Q q 0 0 0 rg BT 245.92 423.75 Td (competition ) Tj ET Q q 0 0 0 rg BT 299.26 423.75 Td (from ) Tj ET Q q 0 0 0 rg BT 321.46 423.75 Td (large ) Tj ET Q q 0 0 0 rg BT 345.89 423.75 Td (experienced ) Tj ET Q q 0 0 0 rg BT 402.57 423.75 Td (and ) Tj ET Q q 0 0 0 rg BT 421.45 423.75 Td (well-funded ) Tj ET Q q 0 0 0 rg BT 474.79 423.75 Td (competitors ) Tj ET Q q 0 0 0 rg BT 528.68 423.75 Td (and ) Tj ET Q q 0 0 0 rg BT 547.56 423.75 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 411.75 Td (of) Tj ET Q q 0 0 0 rg BT 58.16 411.75 Td (ferings ) Tj ET Q q 0 0 0 rg BT 90.95 411.75 Td (may ) Tj ET Q q 0 0 0 rg BT 112.62 411.75 Td (not ) Tj ET Q q 0 0 0 rg BT 129.30 411.75 Td (be ) Tj ET Q q 0 0 0 rg BT 143.20 411.75 Td (able ) Tj ET Q q 0 0 0 rg BT 164.89 411.75 Td (to ) Tj ET Q q 0 0 0 rg BT 176.01 411.75 Td (compete ) Tj ET Q q 0 0 0 rg BT 217.14 411.75 Td (ef) Tj ET Q q 0 0 0 rg BT 225.30 411.75 Td (fectively ) Tj ET Q q 0 0 0 rg BT 264.20 411.75 Td (or ) Tj ET Q q 0 0 0 rg BT 275.87 411.75 Td (to ) Tj ET Q q 0 0 0 rg BT 286.99 411.75 Td (operate ) Tj ET Q q 0 0 0 rg BT 323.68 411.75 Td (at ) Tj ET Q q 0 0 0 rg BT 334.80 411.75 Td (suf) Tj ET Q q 0 0 0 rg BT 347.96 411.75 Td (ficient ) Tj ET Q q 0 0 0 rg BT 376.86 411.75 Td (levels ) Tj ET Q q 0 0 0 rg BT 405.21 411.75 Td (of ) Tj ET Q q 0 0 0 rg BT 416.32 411.75 Td (profitability) Tj ET Q q 0 0 0 rg BT 463.38 411.75 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 393.75 Td (In ) Tj ET Q q 0 0 0 rg BT 96.24 393.75 Td (addition, ) Tj ET Q q 0 0 0 rg BT 135.95 393.75 Td (new ) Tj ET Q q 0 0 0 rg BT 156.19 393.75 Td (and ) Tj ET Q q 0 0 0 rg BT 174.77 393.75 Td (evolving ) Tj ET Q q 0 0 0 rg BT 213.36 393.75 Td (products ) Tj ET Q q 0 0 0 rg BT 253.62 393.75 Td (and ) Tj ET Q q 0 0 0 rg BT 272.20 393.75 Td (services, ) Tj ET Q q 0 0 0 rg BT 313.55 393.75 Td (including ) Tj ET Q q 0 0 0 rg BT 354.93 393.75 Td (those ) Tj ET Q q 0 0 0 rg BT 381.29 393.75 Td (that ) Tj ET Q q 0 0 0 rg BT 399.87 393.75 Td (use ) Tj ET Q q 0 0 0 rg BT 417.89 393.75 Td (artificial ) Tj ET Q q 0 0 0 rg BT 453.69 393.75 Td (intelligence ) Tj ET Q q 0 0 0 rg BT 505.62 393.75 Td (and ) Tj ET Q q 0 0 0 rg BT 524.20 393.75 Td (machine ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 381.75 Td (learning, ) Tj ET Q q 0 0 0 rg BT 91.21 381.75 Td (raise ) Tj ET Q q 0 0 0 rg BT 115.73 381.75 Td (ethical, ) Tj ET Q q 0 0 0 rg BT 150.26 381.75 Td (technological, ) Tj ET Q q 0 0 0 rg BT 214.26 381.75 Td (legal, ) Tj ET Q q 0 0 0 rg BT 241.02 381.75 Td (regulatory) Tj ET Q q 0 0 0 rg BT 284.74 381.75 Td (, ) Tj ET Q q 0 0 0 rg BT 290.37 381.75 Td (and ) Tj ET Q q 0 0 0 rg BT 309.90 381.75 Td (other ) Tj ET Q q 0 0 0 rg BT 335.54 381.75 Td (challenges, ) Tj ET Q q 0 0 0 rg BT 388.98 381.75 Td (which ) Tj ET Q q 0 0 0 rg BT 417.39 381.75 Td (may ) Tj ET Q q 0 0 0 rg BT 439.13 381.75 Td (negatively ) Tj ET Q q 0 0 0 rg BT 487.01 381.75 Td (af) Tj ET Q q 0 0 0 rg BT 495.17 381.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 514.13 381.75 Td (our ) Tj ET Q q 0 0 0 rg BT 531.43 381.75 Td (brands ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 369.75 Td (and ) Tj ET Q q 0 0 0 rg BT 69.26 369.75 Td (demand ) Tj ET Q q 0 0 0 rg BT 107.97 369.75 Td (for ) Tj ET Q q 0 0 0 rg BT 122.22 369.75 Td (our ) Tj ET Q q 0 0 0 rg BT 139.25 369.75 Td (products ) Tj ET Q q 0 0 0 rg BT 180.18 369.75 Td (and ) Tj ET Q q 0 0 0 rg BT 199.44 369.75 Td (services. ) Tj ET Q q 0 0 0 rg BT 241.47 369.75 Td (Because ) Tj ET Q q 0 0 0 rg BT 282.96 369.75 Td (all ) Tj ET Q q 0 0 0 rg BT 295.54 369.75 Td (of ) Tj ET Q q 0 0 0 rg BT 306.46 369.75 Td (these ) Tj ET Q q 0 0 0 rg BT 333.50 369.75 Td (new ) Tj ET Q q 0 0 0 rg BT 354.42 369.75 Td (ventures ) Tj ET Q q 0 0 0 rg BT 395.35 369.75 Td (are ) Tj ET Q q 0 0 0 rg BT 412.38 369.75 Td (inherently ) Tj ET Q q 0 0 0 rg BT 458.32 369.75 Td (risky) Tj ET Q q 0 0 0 rg BT 478.13 369.75 Td (, ) Tj ET Q q 0 0 0 rg BT 483.48 369.75 Td (no ) Tj ET Q q 0 0 0 rg BT 497.18 369.75 Td (assurance ) Tj ET Q q 0 0 0 rg BT 545.89 369.75 Td (can ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 357.75 Td (be ) Tj ET Q q 0 0 0 rg BT 63.59 357.75 Td (given ) Tj ET Q q 0 0 0 rg BT 89.96 357.75 Td (that ) Tj ET Q q 0 0 0 rg BT 109.11 357.75 Td (such ) Tj ET Q q 0 0 0 rg BT 132.70 357.75 Td (strategies ) Tj ET Q q 0 0 0 rg BT 178.52 357.75 Td (and ) Tj ET Q q 0 0 0 rg BT 197.67 357.75 Td (of) Tj ET Q q 0 0 0 rg BT 205.83 357.75 Td (ferings ) Tj ET Q q 0 0 0 rg BT 238.31 357.75 Td (will ) Tj ET Q q 0 0 0 rg BT 254.66 357.75 Td (be ) Tj ET Q q 0 0 0 rg BT 268.25 357.75 Td (successful ) Tj ET Q q 0 0 0 rg BT 317.40 357.75 Td (and ) Tj ET Q q 0 0 0 rg BT 336.55 357.75 Td (will ) Tj ET Q q 0 0 0 rg BT 352.91 357.75 Td (not ) Tj ET Q q 0 0 0 rg BT 369.27 357.75 Td (harm ) Tj ET Q q 0 0 0 rg BT 394.52 357.75 Td (our ) Tj ET Q q 0 0 0 rg BT 411.44 357.75 Td (reputation, ) Tj ET Q q 0 0 0 rg BT 461.17 357.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 500.32 357.75 Td (condition) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 540.35 357.75 Td (,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.85 357.75 Td ( ) Tj ET Q q 0 0 0 rg BT 545.32 357.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 345.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 94.48 345.75 Td (results. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 73.00 327.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 92.93 327.75 Td (revenue ) Tj ET Q q 0 0 0 rg BT 133.43 327.75 Td (growth ) Tj ET Q q 0 0 0 rg BT 168.91 327.75 Td (rate ) Tj ET Q q 0 0 0 rg BT 189.40 327.75 Td (could ) Tj ET Q q 0 0 0 rg BT 218.22 327.75 Td (decline ) Tj ET Q q 0 0 0 rg BT 254.83 327.75 Td (over ) Tj ET Q q 0 0 0 rg BT 278.10 327.75 Td (time, ) Tj ET Q q 0 0 0 rg BT 303.59 327.75 Td (and ) Tj ET Q q 0 0 0 rg BT 323.52 327.75 Td (we ) Tj ET Q q 0 0 0 rg BT 339.01 327.75 Td (anticipate ) Tj ET Q q 0 0 0 rg BT 387.84 327.75 Td (downward ) Tj ET Q q 0 0 0 rg BT 439.43 327.75 Td (pressure ) Tj ET Q q 0 0 0 rg BT 483.83 327.75 Td (on ) Tj ET Q q 0 0 0 rg BT 498.20 327.75 Td (our ) Tj ET Q q 0 0 0 rg BT 516.46 327.75 Td (operating ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 315.75 Td (margin ) Tj ET Q q 0 0 0 rg BT 86.12 315.75 Td (in ) Tj ET Q q 0 0 0 rg BT 97.78 315.75 Td (the ) Tj ET Q q 0 0 0 rg BT 115.56 315.75 Td (future. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 297.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 91.30 297.75 Td (revenue ) Tj ET Q q 0 0 0 rg BT 129.06 297.75 Td (growth ) Tj ET Q q 0 0 0 rg BT 160.71 297.75 Td (rate ) Tj ET Q q 0 0 0 rg BT 179.57 297.75 Td (could ) Tj ET Q q 0 0 0 rg BT 205.10 297.75 Td (decline ) Tj ET Q q 0 0 0 rg BT 238.42 297.75 Td (over ) Tj ET Q q 0 0 0 rg BT 259.50 297.75 Td (time ) Tj ET Q q 0 0 0 rg BT 280.02 297.75 Td (as ) Tj ET Q q 0 0 0 rg BT 292.21 297.75 Td (a ) Tj ET Q q 0 0 0 rg BT 299.40 297.75 Td (result ) Tj ET Q q 0 0 0 rg BT 325.48 297.75 Td (of ) Tj ET Q q 0 0 0 rg BT 335.45 297.75 Td (a ) Tj ET Q q 0 0 0 rg BT 342.63 297.75 Td (number ) Tj ET Q q 0 0 0 rg BT 378.17 297.75 Td (of ) Tj ET Q q 0 0 0 rg BT 388.14 297.75 Td (factors, ) Tj ET Q q 0 0 0 rg BT 422.55 297.75 Td (including ) Tj ET Q q 0 0 0 rg BT 463.65 297.75 Td (increasing ) Tj ET Q q 0 0 0 rg BT 510.86 297.75 Td (competition ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 285.75 Td (and ) Tj ET Q q 0 0 0 rg BT 70.21 285.75 Td (the ) Tj ET Q q 0 0 0 rg BT 87.63 285.75 Td (continued ) Tj ET Q q 0 0 0 rg BT 134.52 285.75 Td (expansion ) Tj ET Q q 0 0 0 rg BT 183.63 285.75 Td (of ) Tj ET Q q 0 0 0 rg BT 195.50 285.75 Td (our ) Tj ET Q q 0 0 0 rg BT 213.47 285.75 Td (business ) Tj ET Q q 0 0 0 rg BT 256.46 285.75 Td (into ) Tj ET Q q 0 0 0 rg BT 276.11 285.75 Td (a ) Tj ET Q q 0 0 0 rg BT 285.19 285.75 Td (variety ) Tj ET Q q 0 0 0 rg BT 318.16 285.75 Td (of ) Tj ET Q q 0 0 0 rg BT 330.03 285.75 Td (new ) Tj ET Q q 0 0 0 rg BT 351.89 285.75 Td (fields. ) Tj ET Q q 0 0 0 rg BT 381.54 285.75 Td (Changes ) Tj ET Q q 0 0 0 rg BT 425.09 285.75 Td (in ) Tj ET Q q 0 0 0 rg BT 436.39 285.75 Td (device ) Tj ET Q q 0 0 0 rg BT 468.82 285.75 Td (mix, ) Tj ET Q q 0 0 0 rg BT 490.67 285.75 Td (geographic ) Tj ET Q q 0 0 0 rg BT 543.68 285.75 Td (mix, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 273.75 Td (ongoing ) Tj ET Q q 0 0 0 rg BT 87.85 273.75 Td (product ) Tj ET Q q 0 0 0 rg BT 123.47 273.75 Td (and ) Tj ET Q q 0 0 0 rg BT 142.41 273.75 Td (policy ) Tj ET Q q 0 0 0 rg BT 170.24 273.75 Td (changes, ) Tj ET Q q 0 0 0 rg BT 213.08 273.75 Td (product ) Tj ET Q q 0 0 0 rg BT 248.70 273.75 Td (mix, ) Tj ET Q q 0 0 0 rg BT 269.29 273.75 Td (and ) Tj ET Q q 0 0 0 rg BT 288.23 273.75 Td (property ) Tj ET Q q 0 0 0 rg BT 327.18 273.75 Td (mix ) Tj ET Q q 0 0 0 rg BT 344.99 273.75 Td (and ) Tj ET Q q 0 0 0 rg BT 363.94 273.75 Td (an ) Tj ET Q q 0 0 0 rg BT 377.32 273.75 Td (increasing ) Tj ET Q q 0 0 0 rg BT 425.16 273.75 Td (competition ) Tj ET Q q 0 0 0 rg BT 478.56 273.75 Td (for ) Tj ET Q q 0 0 0 rg BT 492.49 273.75 Td (advertising ) Tj ET Q q 0 0 0 rg BT 543.11 273.75 Td (may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 261.75 Td (also ) Tj ET Q q 0 0 0 rg BT 71.06 261.75 Td (af) Tj ET Q q 0 0 0 rg BT 79.22 261.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 98.05 261.75 Td (our ) Tj ET Q q 0 0 0 rg BT 115.22 261.75 Td (advertising ) Tj ET Q q 0 0 0 rg BT 166.29 261.75 Td (revenue ) Tj ET Q q 0 0 0 rg BT 205.14 261.75 Td (growth ) Tj ET Q q 0 0 0 rg BT 237.87 261.75 Td (rate. ) Tj ET Q q 0 0 0 rg BT 260.59 261.75 Td (W) Tj ET Q q 0 0 0 rg BT 269.85 261.75 Td (e ) Tj ET Q q 0 0 0 rg BT 278.12 261.75 Td (may ) Tj ET Q q 0 0 0 rg BT 299.73 261.75 Td (also ) Tj ET Q q 0 0 0 rg BT 320.79 261.75 Td (experience ) Tj ET Q q 0 0 0 rg BT 372.42 261.75 Td (a ) Tj ET Q q 0 0 0 rg BT 380.70 261.75 Td (decline ) Tj ET Q q 0 0 0 rg BT 415.10 261.75 Td (in ) Tj ET Q q 0 0 0 rg BT 425.59 261.75 Td (our ) Tj ET Q q 0 0 0 rg BT 442.76 261.75 Td (revenue ) Tj ET Q q 0 0 0 rg BT 481.61 261.75 Td (growth ) Tj ET Q q 0 0 0 rg BT 514.34 261.75 Td (rate ) Tj ET Q q 0 0 0 rg BT 534.29 261.75 Td (as ) Tj ET Q q 0 0 0 rg BT 547.56 261.75 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 249.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 95.41 249.75 Td (increase ) Tj ET Q q 0 0 0 rg BT 137.48 249.75 Td (to ) Tj ET Q q 0 0 0 rg BT 150.09 249.75 Td (higher ) Tj ET Q q 0 0 0 rg BT 182.16 249.75 Td (levels, ) Tj ET Q q 0 0 0 rg BT 214.78 249.75 Td (if ) Tj ET Q q 0 0 0 rg BT 224.05 249.75 Td (there ) Tj ET Q q 0 0 0 rg BT 251.12 249.75 Td (is ) Tj ET Q q 0 0 0 rg BT 262.61 249.75 Td (a ) Tj ET Q q 0 0 0 rg BT 272.45 249.75 Td (decrease ) Tj ET Q q 0 0 0 rg BT 317.86 249.75 Td (in ) Tj ET Q q 0 0 0 rg BT 329.91 249.75 Td (the ) Tj ET Q q 0 0 0 rg BT 348.09 249.75 Td (rate ) Tj ET Q q 0 0 0 rg BT 369.59 249.75 Td (of ) Tj ET Q q 0 0 0 rg BT 382.20 249.75 Td (adoption ) Tj ET Q q 0 0 0 rg BT 424.84 249.75 Td (of ) Tj ET Q q 0 0 0 rg BT 437.46 249.75 Td (our ) Tj ET Q q 0 0 0 rg BT 456.18 249.75 Td (products, ) Tj ET Q q 0 0 0 rg BT 501.59 249.75 Td (services, ) Tj ET Q q 0 0 0 rg BT 545.31 249.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 237.75 Td (technologies, ) Tj ET Q q 0 0 0 rg BT 110.79 237.75 Td (or ) Tj ET Q q 0 0 0 rg BT 121.53 237.75 Td (due ) Tj ET Q q 0 0 0 rg BT 140.07 237.75 Td (to ) Tj ET Q q 0 0 0 rg BT 150.26 237.75 Td (deceleration ) Tj ET Q q 0 0 0 rg BT 206.60 237.75 Td (or ) Tj ET Q q 0 0 0 rg BT 217.35 237.75 Td (decline ) Tj ET Q q 0 0 0 rg BT 250.89 237.75 Td (in ) Tj ET Q q 0 0 0 rg BT 260.53 237.75 Td (demand ) Tj ET Q q 0 0 0 rg BT 298.52 237.75 Td (for ) Tj ET Q q 0 0 0 rg BT 312.05 237.75 Td (devices ) Tj ET Q q 0 0 0 rg BT 347.81 237.75 Td (used ) Tj ET Q q 0 0 0 rg BT 371.35 237.75 Td (to ) Tj ET Q q 0 0 0 rg BT 381.54 237.75 Td (access ) Tj ET Q q 0 0 0 rg BT 414.52 237.75 Td (our ) Tj ET Q q 0 0 0 rg BT 430.83 237.75 Td (services, ) Tj ET Q q 0 0 0 rg BT 472.13 237.75 Td (among ) Tj ET Q q 0 0 0 rg BT 504.56 237.75 Td (other ) Tj ET Q q 0 0 0 rg BT 529.21 237.75 Td (factors.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 219.75 Td (In ) Tj ET Q q 0 0 0 rg BT 83.61 219.75 Td (addition ) Tj ET Q q 0 0 0 rg BT 120.92 219.75 Td (to ) Tj ET Q q 0 0 0 rg BT 131.53 219.75 Td (a ) Tj ET Q q 0 0 0 rg BT 139.37 219.75 Td (decline ) Tj ET Q q 0 0 0 rg BT 173.33 219.75 Td (in ) Tj ET Q q 0 0 0 rg BT 183.39 219.75 Td (our ) Tj ET Q q 0 0 0 rg BT 200.12 219.75 Td (revenue ) Tj ET Q q 0 0 0 rg BT 238.53 219.75 Td (growth ) Tj ET Q q 0 0 0 rg BT 270.82 219.75 Td (rate, ) Tj ET Q q 0 0 0 rg BT 293.11 219.75 Td (we ) Tj ET Q q 0 0 0 rg BT 308.17 219.75 Td (may ) Tj ET Q q 0 0 0 rg BT 329.33 219.75 Td (also ) Tj ET Q q 0 0 0 rg BT 349.95 219.75 Td (experience ) Tj ET Q q 0 0 0 rg BT 401.15 219.75 Td (downward ) Tj ET Q q 0 0 0 rg BT 449.00 219.75 Td (pressure ) Tj ET Q q 0 0 0 rg BT 490.18 219.75 Td (on ) Tj ET Q q 0 0 0 rg BT 503.58 219.75 Td (our ) Tj ET Q q 0 0 0 rg BT 520.31 219.75 Td (operating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 207.75 Td (margin ) Tj ET Q q 0 0 0 rg BT 83.38 207.75 Td (resulting ) Tj ET Q q 0 0 0 rg BT 123.99 207.75 Td (from ) Tj ET Q q 0 0 0 rg BT 146.80 207.75 Td (a ) Tj ET Q q 0 0 0 rg BT 155.17 207.75 Td (variety ) Tj ET Q q 0 0 0 rg BT 187.44 207.75 Td (of ) Tj ET Q q 0 0 0 rg BT 198.59 207.75 Td (factors, ) Tj ET Q q 0 0 0 rg BT 234.19 207.75 Td (such ) Tj ET Q q 0 0 0 rg BT 258.13 207.75 Td (as ) Tj ET Q q 0 0 0 rg BT 271.50 207.75 Td (the ) Tj ET Q q 0 0 0 rg BT 288.21 207.75 Td (continued ) Tj ET Q q 0 0 0 rg BT 334.39 207.75 Td (expansion ) Tj ET Q q 0 0 0 rg BT 382.80 207.75 Td (of ) Tj ET Q q 0 0 0 rg BT 393.95 207.75 Td (our ) Tj ET Q q 0 0 0 rg BT 411.21 207.75 Td (business ) Tj ET Q q 0 0 0 rg BT 453.49 207.75 Td (into ) Tj ET Q q 0 0 0 rg BT 472.43 207.75 Td (new ) Tj ET Q q 0 0 0 rg BT 493.59 207.75 Td (fields, ) Tj ET Q q 0 0 0 rg BT 522.52 207.75 Td (including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 195.75 Td (products ) Tj ET Q q 0 0 0 rg BT 91.11 195.75 Td (and ) Tj ET Q q 0 0 0 rg BT 110.56 195.75 Td (services ) Tj ET Q q 0 0 0 rg BT 149.99 195.75 Td (such ) Tj ET Q q 0 0 0 rg BT 173.87 195.75 Td (as ) Tj ET Q q 0 0 0 rg BT 187.19 195.75 Td (hardware, ) Tj ET Q q 0 0 0 rg BT 234.42 195.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 269.43 195.75 Td (Cloud, ) Tj ET Q q 0 0 0 rg BT 301.09 195.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 336.10 195.75 Td (Play) Tj ET Q q 0 0 0 rg BT 354.81 195.75 Td (, ) Tj ET Q q 0 0 0 rg BT 360.35 195.75 Td (gaming, ) Tj ET Q q 0 0 0 rg BT 398.68 195.75 Td (and ) Tj ET Q q 0 0 0 rg BT 418.13 195.75 Td (subscription ) Tj ET Q q 0 0 0 rg BT 474.24 195.75 Td (products, ) Tj ET Q q 0 0 0 rg BT 518.14 195.75 Td (as ) Tj ET Q q 0 0 0 rg BT 531.46 195.75 Td (well ) Tj ET Q q 0 0 0 rg BT 551.44 195.75 Td (as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 183.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 97.25 183.75 Td (investments ) Tj ET Q q 0 0 0 rg BT 153.39 183.75 Td (in ) Tj ET Q q 0 0 0 rg BT 163.96 183.75 Td (Other ) Tj ET Q q 0 0 0 rg BT 191.75 183.75 Td (Bets, ) Tj ET Q q 0 0 0 rg BT 217.32 183.75 Td (all ) Tj ET Q q 0 0 0 rg BT 230.11 183.75 Td (of ) Tj ET Q q 0 0 0 rg BT 241.23 183.75 Td (which ) Tj ET Q q 0 0 0 rg BT 269.58 183.75 Td (may ) Tj ET Q q 0 0 0 rg BT 291.26 183.75 Td (have ) Tj ET Q q 0 0 0 rg BT 315.73 183.75 Td (margins ) Tj ET Q q 0 0 0 rg BT 354.08 183.75 Td (lower ) Tj ET Q q 0 0 0 rg BT 380.76 183.75 Td (than ) Tj ET Q q 0 0 0 rg BT 403.00 183.75 Td (those ) Tj ET Q q 0 0 0 rg BT 430.25 183.75 Td (we ) Tj ET Q q 0 0 0 rg BT 445.82 183.75 Td (generate ) Tj ET Q q 0 0 0 rg BT 488.08 183.75 Td (from ) Tj ET Q q 0 0 0 rg BT 510.86 183.75 Td (advertising. ) Tj ET Q q 0 0 0 rg BT 564.78 183.75 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 171.75 Td (W) Tj ET Q q 0 0 0 rg BT 59.26 171.75 Td (e ) Tj ET Q q 0 0 0 rg BT 68.17 171.75 Td (may ) Tj ET Q q 0 0 0 rg BT 90.42 171.75 Td (also ) Tj ET Q q 0 0 0 rg BT 112.11 171.75 Td (experience ) Tj ET Q q 0 0 0 rg BT 164.38 171.75 Td (downward ) Tj ET Q q 0 0 0 rg BT 213.32 171.75 Td (pressure ) Tj ET Q q 0 0 0 rg BT 255.58 171.75 Td (on ) Tj ET Q q 0 0 0 rg BT 270.05 171.75 Td (our ) Tj ET Q q 0 0 0 rg BT 287.86 171.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 332.91 171.75 Td (margins ) Tj ET Q q 0 0 0 rg BT 371.83 171.75 Td (from ) Tj ET Q q 0 0 0 rg BT 395.18 171.75 Td (increasing ) Tj ET Q q 0 0 0 rg BT 444.11 171.75 Td (competition ) Tj ET Q q 0 0 0 rg BT 498.60 171.75 Td (and ) Tj ET Q q 0 0 0 rg BT 518.64 171.75 Td (increased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 159.75 Td (costs ) Tj ET Q q 0 0 0 rg BT 75.73 159.75 Td (for ) Tj ET Q q 0 0 0 rg BT 89.79 159.75 Td (many ) Tj ET Q q 0 0 0 rg BT 116.64 159.75 Td (aspects ) Tj ET Q q 0 0 0 rg BT 153.49 159.75 Td (of ) Tj ET Q q 0 0 0 rg BT 164.22 159.75 Td (our ) Tj ET Q q 0 0 0 rg BT 181.07 159.75 Td (business, ) Tj ET Q q 0 0 0 rg BT 225.71 159.75 Td (including ) Tj ET Q q 0 0 0 rg BT 267.57 159.75 Td (within ) Tj ET Q q 0 0 0 rg BT 295.53 159.75 Td (advertising ) Tj ET Q q 0 0 0 rg BT 346.28 159.75 Td (where ) Tj ET Q q 0 0 0 rg BT 375.91 159.75 Td (changes ) Tj ET Q q 0 0 0 rg BT 416.11 159.75 Td (such ) Tj ET Q q 0 0 0 rg BT 439.62 159.75 Td (as ) Tj ET Q q 0 0 0 rg BT 452.57 159.75 Td (device ) Tj ET Q q 0 0 0 rg BT 483.87 159.75 Td (mix, ) Tj ET Q q 0 0 0 rg BT 504.59 159.75 Td (property ) Tj ET Q q 0 0 0 rg BT 543.67 159.75 Td (mix, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 147.75 Td (and ) Tj ET Q q 0 0 0 rg BT 70.19 147.75 Td (partner ) Tj ET Q q 0 0 0 rg BT 105.38 147.75 Td (agreements ) Tj ET Q q 0 0 0 rg BT 161.69 147.75 Td (can ) Tj ET Q q 0 0 0 rg BT 181.31 147.75 Td (af) Tj ET Q q 0 0 0 rg BT 189.47 147.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 209.09 147.75 Td (margin. ) Tj ET Q q 0 0 0 rg BT 245.71 147.75 Td (The ) Tj ET Q q 0 0 0 rg BT 266.45 147.75 Td (margin ) Tj ET Q q 0 0 0 rg BT 300.52 147.75 Td (we ) Tj ET Q q 0 0 0 rg BT 316.80 147.75 Td (earn ) Tj ET Q q 0 0 0 rg BT 340.32 147.75 Td (on ) Tj ET Q q 0 0 0 rg BT 354.94 147.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 399.59 147.75 Td (generated ) Tj ET Q q 0 0 0 rg BT 448.13 147.75 Td (from ) Tj ET Q q 0 0 0 rg BT 471.63 147.75 Td (our ) Tj ET Q q 0 0 0 rg BT 489.59 147.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 525.34 147.75 Td (Network ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 135.75 Td (Members ) Tj ET Q q 0 0 0 rg BT 94.85 135.75 Td (could ) Tj ET Q q 0 0 0 rg BT 121.94 135.75 Td (also ) Tj ET Q q 0 0 0 rg BT 143.46 135.75 Td (decrease ) Tj ET Q q 0 0 0 rg BT 187.78 135.75 Td (in ) Tj ET Q q 0 0 0 rg BT 198.75 135.75 Td (the ) Tj ET Q q 0 0 0 rg BT 215.83 135.75 Td (future ) Tj ET Q q 0 0 0 rg BT 244.58 135.75 Td (if ) Tj ET Q q 0 0 0 rg BT 252.76 135.75 Td (we ) Tj ET Q q 0 0 0 rg BT 268.72 135.75 Td (pay ) Tj ET Q q 0 0 0 rg BT 288.02 135.75 Td (a ) Tj ET Q q 0 0 0 rg BT 296.76 135.75 Td (larger ) Tj ET Q q 0 0 0 rg BT 325.51 135.75 Td (percentage ) Tj ET Q q 0 0 0 rg BT 378.73 135.75 Td (of ) Tj ET Q q 0 0 0 rg BT 390.25 135.75 Td (advertising ) Tj ET Q q 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rg BT 470.47 111.75 Td (Cloud, ) Tj ET Q q 0 0 0 rg BT 501.38 111.75 Td (and ) Tj ET Q q 0 0 0 rg BT 519.94 111.75 Td (Y) Tj ET Q q 0 0 0 rg BT 525.69 111.75 Td (ouT) Tj ET Q q 0 0 0 rg BT 542.55 111.75 Td (ube. ) Tj ET Q q 0 0 0 rg BT 564.79 111.75 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 99.75 Td (Additionally) Tj ET Q q 0 0 0 rg BT 100.40 99.75 Td (, ) Tj ET Q q 0 0 0 rg BT 105.59 99.75 Td (our ) Tj ET Q q 0 0 0 rg BT 122.46 99.75 Td (spend ) Tj ET Q q 0 0 0 rg BT 152.11 99.75 Td (to ) Tj ET Q q 0 0 0 rg BT 162.87 99.75 Td (promote ) Tj ET Q q 0 0 0 rg BT 201.96 99.75 Td (new ) Tj ET Q q 0 0 0 rg BT 222.72 99.75 Td (products ) Tj ET Q q 0 0 0 rg BT 263.49 99.75 Td (and ) Tj ET Q q 0 0 0 rg BT 282.58 99.75 Td (services ) Tj ET Q q 0 0 0 rg BT 321.67 99.75 Td (or ) Tj ET Q q 0 0 0 rg BT 332.97 99.75 Td (distribute ) Tj ET Q q 0 0 0 rg BT 375.96 99.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 408.39 99.75 Td (products ) Tj ET Q q 0 0 0 rg BT 449.16 99.75 Td (and ) Tj ET Q q 0 0 0 rg BT 468.25 99.75 Td (services ) Tj ET Q q 0 0 0 rg BT 507.34 99.75 Td (or ) Tj ET Q q 0 0 0 rg BT 518.64 99.75 Td (increased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 87.75 Td (investment ) Tj ET Q q 0 0 0 rg BT 101.02 87.75 Td (in ) Tj ET Q q 0 0 0 rg BT 111.47 87.75 Td (our ) Tj ET Q q 0 0 0 rg BT 128.59 87.75 Td (innovation ) Tj ET Q q 0 0 0 rg BT 176.85 87.75 Td (ef) Tj ET Q q 0 0 0 rg BT 185.01 87.75 Td (forts ) Tj ET Q q 0 0 0 rg BT 207.12 87.75 Td (across ) Tj ET Q q 0 0 0 rg BT 239.24 87.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 274.16 87.75 Td (and ) Tj ET Q q 0 0 0 rg BT 293.51 87.75 Td (our ) Tj ET Q q 0 0 0 rg BT 310.63 87.75 Td (Other ) Tj ET Q q 0 0 0 rg BT 338.31 87.75 Td (Bets ) Tj ET Q q 0 0 0 rg BT 360.98 87.75 Td (businesses ) Tj ET Q q 0 0 0 rg BT 413.68 87.75 Td (may ) Tj ET Q q 0 0 0 rg BT 435.24 87.75 Td (af) Tj ET Q q 0 0 0 rg BT 443.40 87.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 462.18 87.75 Td (our ) Tj ET Q q 0 0 0 rg BT 479.30 87.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 523.67 87.75 Td (margins. ) Tj ET Q q 0 0 0 rg BT 564.79 87.75 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 69.75 Td (Due to these factors and the evolving nature of our business, our historical revenue growth rate and historical ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 57.75 Td (operating margin may not be indicative of our future performance.) 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Td (turn ) Tj ET Q q 0 0 0 rg BT 389.52 639.75 Td (out ) Tj ET Q q 0 0 0 rg BT 406.23 639.75 Td (to ) Tj ET Q q 0 0 0 rg BT 417.39 639.75 Td (be ) Tj ET Q q 0 0 0 rg BT 431.33 639.75 Td (important. ) Tj ET Q q 0 0 0 rg BT 478.61 639.75 Td (Furthermore, ) Tj ET Q q 0 0 0 rg BT 539.22 639.75 Td (there ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 627.75 Td (is ) Tj ET Q q 0 0 0 rg BT 59.56 627.75 Td (always ) Tj ET Q q 0 0 0 rg BT 92.46 627.75 Td (the ) Tj ET Q q 0 0 0 rg BT 108.70 627.75 Td (possibility) Tj ET Q q 0 0 0 rg BT 151.30 627.75 Td (, ) Tj ET Q q 0 0 0 rg BT 156.42 627.75 Td (despite ) Tj ET Q q 0 0 0 rg BT 191.00 627.75 Td (our ) Tj ET Q q 0 0 0 rg BT 207.79 627.75 Td (ef) Tj ET Q q 0 0 0 rg BT 215.95 627.75 Td (forts, ) Tj ET Q q 0 0 0 rg BT 240.51 627.75 Td (that ) Tj ET Q q 0 0 0 rg BT 259.53 627.75 Td (the ) Tj ET Q q 0 0 0 rg BT 275.76 627.75 Td (scope ) Tj ET Q q 0 0 0 rg BT 304.79 627.75 Td (of ) Tj ET Q q 0 0 0 rg BT 315.46 627.75 Td (the ) Tj ET Q q 0 0 0 rg BT 331.70 627.75 Td (protection ) Tj ET Q q 0 0 0 rg BT 377.95 627.75 Td (gained ) Tj ET Q q 0 0 0 rg BT 410.32 627.75 Td (will ) Tj ET Q q 0 0 0 rg BT 426.54 627.75 Td (be ) Tj ET Q q 0 0 0 rg BT 440.00 627.75 Td (insuf) Tj ET Q q 0 0 0 rg BT 460.94 627.75 Td (ficient ) Tj ET Q q 0 0 0 rg BT 489.40 627.75 Td (or ) Tj ET Q q 0 0 0 rg BT 500.63 627.75 Td (that ) Tj ET Q q 0 0 0 rg BT 519.64 627.75 Td (an ) Tj ET Q q 0 0 0 rg BT 533.10 627.75 Td (issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 615.75 Td (patent ) Tj ET Q q 0 0 0 rg BT 80.58 615.75 Td (may ) Tj ET Q q 0 0 0 rg BT 102.25 615.75 Td (be ) Tj ET Q q 0 0 0 rg BT 116.15 615.75 Td (deemed ) Tj ET Q q 0 0 0 rg BT 155.07 615.75 Td (invalid ) Tj ET Q q 0 0 0 rg BT 186.20 615.75 Td (or ) Tj ET Q q 0 0 0 rg BT 197.87 615.75 Td (unenforceable.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 597.75 Td (W) Tj ET Q q 0 0 0 rg BT 82.26 597.75 Td (e ) Tj ET Q q 0 0 0 rg BT 90.97 597.75 Td (also ) Tj ET Q q 0 0 0 rg BT 112.47 597.75 Td (seek ) Tj ET Q q 0 0 0 rg BT 136.75 597.75 Td (to ) Tj ET Q q 0 0 0 rg BT 148.24 597.75 Td (maintain ) Tj ET Q q 0 0 0 rg BT 189.20 597.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 222.37 597.75 Td (intellectual ) Tj ET Q q 0 0 0 rg BT 272.77 597.75 Td (property ) Tj ET Q q 0 0 0 rg BT 312.61 597.75 Td (as ) Tj ET Q q 0 0 0 rg BT 326.33 597.75 Td (trade ) Tj ET Q q 0 0 0 rg BT 352.27 597.75 Td (secrets. ) Tj ET Q q 0 0 0 rg BT 390.23 597.75 Td (The ) Tj ET Q q 0 0 0 rg BT 410.62 597.75 Td (secrecy ) Tj ET Q q 0 0 0 rg BT 448.22 597.75 Td (of ) Tj ET Q q 0 0 0 rg BT 459.72 597.75 Td (such ) Tj ET Q q 0 0 0 rg BT 484.00 597.75 Td (trade ) Tj ET Q q 0 0 0 rg BT 509.94 597.75 Td (secrets ) Tj ET Q q 0 0 0 rg BT 545.33 597.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 585.75 Td (other ) Tj ET Q q 0 0 0 rg BT 75.50 585.75 Td (sensitive ) Tj ET Q q 0 0 0 rg BT 117.12 585.75 Td (information ) Tj ET Q q 0 0 0 rg BT 169.29 585.75 Td (could ) Tj ET Q q 0 0 0 rg BT 195.91 585.75 Td (be ) Tj ET Q q 0 0 0 rg BT 209.74 585.75 Td (compromised, ) Tj ET Q q 0 0 0 rg BT 275.24 585.75 Td (which ) Tj ET Q q 0 0 0 rg BT 303.52 585.75 Td (could ) Tj ET Q q 0 0 0 rg BT 330.13 585.75 Td (cause ) Tj ET Q q 0 0 0 rg BT 359.52 585.75 Td (us ) Tj ET Q q 0 0 0 rg BT 372.79 585.75 Td (to ) Tj ET Q q 0 0 0 rg BT 383.84 585.75 Td (lose ) Tj ET Q q 0 0 0 rg BT 404.89 585.75 Td (the ) Tj ET Q q 0 0 0 rg BT 421.50 585.75 Td (competitive ) Tj ET Q q 0 0 0 rg BT 474.79 585.75 Td (advantage ) Tj ET Q q 0 0 0 rg BT 524.20 585.75 Td (resulting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 573.75 Td (from ) Tj ET Q q 0 0 0 rg BT 72.27 573.75 Td (these ) Tj ET Q q 0 0 0 rg BT 99.00 573.75 Td (trade ) Tj ET Q q 0 0 0 rg BT 124.06 573.75 Td (secrets. ) Tj ET Q q 0 0 0 rg BT 161.33 573.75 Td (W) Tj ET Q q 0 0 0 rg BT 170.59 573.75 Td (e ) Tj ET Q q 0 0 0 rg BT 178.42 573.75 Td (also ) Tj ET Q q 0 0 0 rg BT 199.03 573.75 Td (face ) Tj ET Q q 0 0 0 rg BT 220.20 573.75 Td (risks ) Tj ET Q q 0 0 0 rg BT 243.02 573.75 Td (associated ) Tj ET Q q 0 0 0 rg BT 293.09 573.75 Td (with ) Tj ET Q q 0 0 0 rg BT 313.14 573.75 Td (our ) Tj ET Q q 0 0 0 rg BT 329.86 573.75 Td (trademarks. ) Tj ET Q q 0 0 0 rg BT 384.92 573.75 Td (For ) Tj ET Q q 0 0 0 rg BT 402.19 573.75 Td (example, ) Tj ET Q q 0 0 0 rg BT 445.04 573.75 Td (there ) Tj ET Q q 0 0 0 rg BT 470.10 573.75 Td (is ) Tj ET Q q 0 0 0 rg BT 479.58 573.75 Td (a ) Tj ET Q q 0 0 0 rg BT 487.41 573.75 Td (risk ) Tj ET Q q 0 0 0 rg BT 505.23 573.75 Td (that ) Tj ET Q q 0 0 0 rg BT 524.18 573.75 Td (the ) Tj ET Q q 0 0 0 rg BT 540.35 573.75 Td (word ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 561.75 Td (“Google?) Tj ET Q q 0 0 0 rg BT 92.00 561.75 Td (could ) Tj ET Q q 0 0 0 rg BT 119.01 561.75 Td (become ) Tj ET Q q 0 0 0 rg BT 157.68 561.75 Td (so ) Tj ET Q q 0 0 0 rg BT 171.34 561.75 Td (commonly ) Tj ET Q q 0 0 0 rg BT 220.00 561.75 Td (used ) Tj ET Q q 0 0 0 rg BT 244.78 561.75 Td (that ) Tj ET Q q 0 0 0 rg BT 264.56 561.75 Td (it ) Tj ET Q q 0 0 0 rg BT 272.66 561.75 Td (becomes ) Tj ET Q q 0 0 0 rg BT 316.33 561.75 Td (synonymous ) Tj ET Q q 0 0 0 rg BT 375.57 561.75 Td (with ) Tj ET Q q 0 0 0 rg BT 396.45 561.75 Td (the ) Tj ET Q q 0 0 0 rg BT 413.45 561.75 Td (word ) Tj ET Q q 0 0 0 rg BT 438.22 561.75 Td (“search.?) Tj ET Q q 0 0 0 rg BT 480.77 561.75 Td (Some ) Tj ET Q q 0 0 0 rg BT 509.99 561.75 Td (courts ) Tj ET Q q 0 0 0 rg BT 540.32 561.75 Td (have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 549.75 Td (ruled ) Tj ET Q q 0 0 0 rg BT 75.80 549.75 Td (that ) Tj ET Q q 0 0 0 rg BT 96.04 549.75 Td ("Google" ) Tj ET Q q 0 0 0 rg BT 138.94 549.75 Td (is ) Tj ET Q q 0 0 0 rg BT 149.73 549.75 Td (a ) Tj ET Q q 0 0 0 rg BT 158.85 549.75 Td (protectable ) Tj ET Q q 0 0 0 rg BT 211.89 549.75 Td (trademark, ) Tj ET Q q 0 0 0 rg BT 263.24 549.75 Td (but ) Tj ET Q q 0 0 0 rg BT 280.71 549.75 Td (it ) Tj ET Q q 0 0 0 rg BT 289.27 549.75 Td (is ) Tj ET Q q 0 0 0 rg BT 300.05 549.75 Td (possible ) Tj ET Q q 0 0 0 rg BT 340.30 549.75 Td (that ) Tj ET Q q 0 0 0 rg BT 360.54 549.75 Td (other ) Tj ET Q q 0 0 0 rg BT 386.89 549.75 Td (courts, ) Tj ET Q q 0 0 0 rg BT 420.46 549.75 Td (particularly ) Tj ET Q q 0 0 0 rg BT 472.38 549.75 Td (those ) Tj ET Q q 0 0 0 rg BT 500.40 549.75 Td (outside ) Tj ET Q q 0 0 0 rg BT 536.21 549.75 Td (of ) Tj ET Q q 0 0 0 rg BT 548.11 549.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 537.75 Td (United ) Tj ET Q q 0 0 0 rg BT 81.34 537.75 Td (States, ) Tj ET Q q 0 0 0 rg BT 114.90 537.75 Td (may ) Tj ET Q q 0 0 0 rg BT 136.23 537.75 Td (reach ) Tj ET Q q 0 0 0 rg BT 163.67 537.75 Td (a ) Tj ET Q q 0 0 0 rg BT 171.67 537.75 Td (dif) Tj ET Q q 0 0 0 rg BT 182.05 537.75 Td (ferent ) Tj ET Q q 0 0 0 rg BT 210.06 537.75 Td (determination. ) Tj ET Q q 0 0 0 rg BT 275.86 537.75 Td (If ) Tj ET Q q 0 0 0 rg BT 283.85 537.75 Td (this ) Tj ET Q q 0 0 0 rg BT 301.84 537.75 Td (happens, ) Tj ET Q q 0 0 0 rg BT 345.42 537.75 Td (we ) Tj ET Q q 0 0 0 rg BT 360.64 537.75 Td (could ) Tj ET Q q 0 0 0 rg BT 386.98 537.75 Td (lose ) Tj ET Q q 0 0 0 rg BT 407.76 537.75 Td (protection ) Tj ET Q q 0 0 0 rg BT 454.11 537.75 Td (for ) Tj ET Q q 0 0 0 rg BT 468.21 537.75 Td (this ) Tj ET Q q 0 0 0 rg BT 486.21 537.75 Td (trademark, ) Tj ET Q q 0 0 0 rg BT 536.43 537.75 Td (which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 525.75 Td (could ) Tj ET Q q 0 0 0 rg BT 76.68 525.75 Td (result ) Tj ET Q q 0 0 0 rg BT 103.92 525.75 Td (in ) Tj ET Q q 0 0 0 rg BT 114.48 525.75 Td (other ) Tj ET Q q 0 0 0 rg BT 140.05 525.75 Td (people ) Tj ET Q q 0 0 0 rg BT 172.86 525.75 Td (using ) Tj ET Q q 0 0 0 rg BT 199.54 525.75 Td (the ) Tj ET Q q 0 0 0 rg BT 216.22 525.75 Td (word ) Tj ET Q q 0 0 0 rg BT 240.67 525.75 Td (“Google?) Tj ET Q q 0 0 0 rg BT 282.36 525.75 Td (to ) Tj ET Q q 0 0 0 rg BT 293.48 525.75 Td (refer ) Tj ET Q q 0 0 0 rg BT 316.82 525.75 Td (to ) Tj ET Q q 0 0 0 rg BT 327.93 525.75 Td (their ) Tj ET Q q 0 0 0 rg BT 350.17 525.75 Td (own ) Tj ET Q q 0 0 0 rg BT 371.29 525.75 Td (products, ) Tj ET Q q 0 0 0 rg BT 415.20 525.75 Td (thus ) Tj ET Q q 0 0 0 rg BT 436.88 525.75 Td (diminishing ) Tj ET Q q 0 0 0 rg BT 489.68 525.75 Td (our ) Tj ET Q q 0 0 0 rg BT 506.91 525.75 Td (brand.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 507.75 Td (Any ) Tj ET Q q 0 0 0 rg BT 92.72 507.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 139.68 507.75 Td (impairment ) Tj ET Q q 0 0 0 rg BT 191.63 507.75 Td (of ) Tj ET Q q 0 0 0 rg BT 202.47 507.75 Td (our ) Tj ET Q q 0 0 0 rg BT 219.41 507.75 Td (intellectual ) Tj ET Q q 0 0 0 rg BT 269.15 507.75 Td (property ) Tj ET Q q 0 0 0 rg BT 308.33 507.75 Td (rights ) Tj ET Q q 0 0 0 rg BT 335.28 507.75 Td (could ) Tj ET Q q 0 0 0 rg BT 361.67 507.75 Td (harm ) Tj ET Q q 0 0 0 rg BT 386.95 507.75 Td (our ) Tj ET Q q 0 0 0 rg BT 403.90 507.75 Td (business ) Tj ET Q q 0 0 0 rg BT 445.86 507.75 Td (and ) Tj ET Q q 0 0 0 rg BT 465.03 507.75 Td (our ) Tj ET Q q 0 0 0 rg BT 481.98 507.75 Td (ability ) Tj ET Q q 0 0 0 rg BT 510.04 507.75 Td (to ) Tj ET Q q 0 0 0 rg BT 520.87 507.75 Td (compete. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 495.75 Td (Also, ) Tj ET Q q 0 0 0 rg BT 74.88 495.75 Td (protecting ) Tj ET Q q 0 0 0 rg BT 121.45 495.75 Td (our ) Tj ET Q q 0 0 0 rg BT 138.55 495.75 Td (intellectual ) Tj ET Q q 0 0 0 rg BT 188.45 495.75 Td (property ) Tj ET Q q 0 0 0 rg BT 227.78 495.75 Td (rights ) Tj ET Q q 0 0 0 rg BT 254.89 495.75 Td (is ) Tj ET Q q 0 0 0 rg BT 264.76 495.75 Td (costly ) Tj ET Q q 0 0 0 rg BT 292.97 495.75 Td (and ) Tj ET Q q 0 0 0 rg BT 312.30 495.75 Td (time ) Tj ET Q q 0 0 0 rg BT 333.84 495.75 Td (consuming. ) Tj ET Q q 0 0 0 rg BT 387.10 495.75 Td (Any ) Tj ET Q q 0 0 0 rg BT 406.98 495.75 Td (increase ) Tj ET Q q 0 0 0 rg BT 447.43 495.75 Td (in ) Tj ET Q q 0 0 0 rg BT 457.86 495.75 Td (the ) Tj ET Q q 0 0 0 rg BT 474.42 495.75 Td (unauthorized ) Tj ET Q q 0 0 0 rg BT 534.89 495.75 Td (use ) Tj ET Q q 0 0 0 rg BT 553.66 495.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 483.75 Td (our ) Tj ET Q q 0 0 0 rg BT 67.23 483.75 Td (intellectual ) Tj ET Q q 0 0 0 rg BT 117.26 483.75 Td (property ) Tj ET Q q 0 0 0 rg BT 156.72 483.75 Td (could ) Tj ET Q q 0 0 0 rg BT 183.41 483.75 Td (make ) Tj ET Q q 0 0 0 rg BT 210.64 483.75 Td (it ) Tj ET Q q 0 0 0 rg BT 218.42 483.75 Td (more ) Tj ET Q q 0 0 0 rg BT 243.98 483.75 Td (expensive ) Tj ET Q q 0 0 0 rg BT 291.79 483.75 Td (to ) Tj ET Q q 0 0 0 rg BT 302.91 483.75 Td (do ) Tj ET Q q 0 0 0 rg BT 316.81 483.75 Td (business ) Tj ET Q q 0 0 0 rg BT 359.05 483.75 Td (and ) Tj ET Q q 0 0 0 rg BT 378.52 483.75 Td (harm ) Tj ET Q q 0 0 0 rg BT 404.08 483.75 Td (our ) Tj ET Q q 0 0 0 rg BT 421.31 483.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 465.79 483.75 Td (results.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 73.00 465.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 93.11 465.75 Td (business ) Tj ET Q q 0 0 0 rg BT 138.79 465.75 Td (depends ) Tj ET Q q 0 0 0 rg BT 182.24 465.75 Td (on ) Tj ET Q q 0 0 0 rg BT 196.79 465.75 Td (strong ) Tj ET Q q 0 0 0 rg BT 230.23 465.75 Td (brands, ) Tj ET Q q 0 0 0 rg BT 268.68 465.75 Td (and ) Tj ET Q q 0 0 0 rg BT 288.79 465.75 Td (failing ) Tj ET Q q 0 0 0 rg BT 320.57 465.75 Td (to ) Tj ET Q q 0 0 0 rg BT 332.34 465.75 Td (maintain ) Tj ET Q q 0 0 0 rg BT 375.79 465.75 Td (and ) Tj ET Q q 0 0 0 rg BT 395.90 465.75 Td (enhance ) Tj ET Q q 0 0 0 rg BT 438.80 465.75 Td (our ) Tj ET Q q 0 0 0 rg BT 457.24 465.75 Td (brands ) Tj ET Q q 0 0 0 rg BT 492.91 465.75 Td (would ) Tj ET Q q 0 0 0 rg BT 524.13 465.75 Td (hurt ) Tj ET Q q 0 0 0 rg BT 545.90 465.75 Td (our ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 453.75 Td (ability ) Tj ET Q q 0 0 0 rg BT 81.67 453.75 Td (to ) Tj ET Q q 0 0 0 rg BT 93.89 453.75 Td (expand ) Tj ET Q q 0 0 0 rg BT 131.68 453.75 Td (our ) Tj ET Q q 0 0 0 rg BT 150.57 453.75 Td (base ) Tj ET Q q 0 0 0 rg BT 176.14 453.75 Td (of ) Tj ET Q q 0 0 0 rg BT 188.35 453.75 Td (users, ) Tj ET Q q 0 0 0 rg BT 220.60 453.75 Td (advertisers, ) Tj ET Q q 0 0 0 rg BT 279.52 453.75 Td (customers, ) Tj ET Q q 0 0 0 rg BT 335.65 453.75 Td (content ) Tj ET Q q 0 0 0 rg BT 374.54 453.75 Td (providers, ) Tj ET Q q 0 0 0 rg BT 425.67 453.75 Td (and ) Tj ET Q q 0 0 0 rg BT 446.23 453.75 Td (other ) Tj ET Q q 0 0 0 rg BT 474.00 453.75 Td (partners. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 435.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 92.32 435.75 Td (strong ) Tj ET Q q 0 0 0 rg BT 122.77 435.75 Td (brands ) Tj ET Q q 0 0 0 rg BT 156.00 435.75 Td (have ) Tj ET Q q 0 0 0 rg BT 180.34 435.75 Td (significantly ) Tj ET Q q 0 0 0 rg BT 234.69 435.75 Td (contributed ) Tj ET Q q 0 0 0 rg BT 286.82 435.75 Td (to ) Tj ET Q q 0 0 0 rg BT 297.81 435.75 Td (the ) Tj ET Q q 0 0 0 rg BT 314.37 435.75 Td (success ) Tj ET Q q 0 0 0 rg BT 353.15 435.75 Td (of ) Tj ET Q q 0 0 0 rg BT 364.14 435.75 Td (our ) Tj ET Q q 0 0 0 rg BT 381.25 435.75 Td (business. ) Tj ET Q q 0 0 0 rg BT 426.15 435.75 Td (Maintaining ) Tj ET Q q 0 0 0 rg BT 479.95 435.75 Td (and ) Tj ET Q q 0 0 0 rg BT 499.29 435.75 Td (enhancing ) Tj ET Q q 0 0 0 rg BT 548.10 435.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 423.75 Td (brands ) Tj ET Q q 0 0 0 rg BT 83.94 423.75 Td (within ) Tj ET Q q 0 0 0 rg BT 112.88 423.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 148.49 423.75 Td (and ) Tj ET Q q 0 0 0 rg BT 168.55 423.75 Td (Other ) Tj ET Q q 0 0 0 rg BT 196.93 423.75 Td (Bets ) Tj ET Q q 0 0 0 rg BT 220.30 423.75 Td (increases ) Tj ET Q q 0 0 0 rg BT 266.47 423.75 Td (our ) Tj ET Q q 0 0 0 rg BT 284.29 423.75 Td (ability ) Tj ET Q q 0 0 0 rg BT 313.23 423.75 Td (to ) Tj ET Q q 0 0 0 rg BT 324.94 423.75 Td (enter ) Tj ET Q q 0 0 0 rg BT 351.10 423.75 Td (new ) Tj ET Q q 0 0 0 rg BT 372.81 423.75 Td (categories ) Tj ET Q q 0 0 0 rg BT 422.32 423.75 Td (and ) Tj ET Q q 0 0 0 rg BT 442.37 423.75 Td (launch ) Tj ET Q q 0 0 0 rg BT 475.21 423.75 Td (new ) Tj ET Q q 0 0 0 rg BT 496.92 423.75 Td (and ) Tj ET Q q 0 0 0 rg BT 516.97 423.75 Td (innovative ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 411.75 Td (products ) Tj ET Q q 0 0 0 rg BT 91.03 411.75 Td (that ) Tj ET Q q 0 0 0 rg BT 110.39 411.75 Td (better ) Tj ET Q q 0 0 0 rg BT 138.64 411.75 Td (serve ) Tj ET Q q 0 0 0 rg BT 165.78 411.75 Td (the ) Tj ET Q q 0 0 0 rg BT 182.36 411.75 Td (needs ) Tj ET Q q 0 0 0 rg BT 212.28 411.75 Td (of ) Tj ET Q q 0 0 0 rg BT 223.30 411.75 Td (our ) Tj ET Q q 0 0 0 rg BT 240.43 411.75 Td (users, ) Tj ET Q q 0 0 0 rg BT 270.34 411.75 Td (advertisers, ) Tj ET Q q 0 0 0 rg BT 324.71 411.75 Td (customers, ) Tj ET Q q 0 0 0 rg BT 376.29 411.75 Td (content ) Tj ET Q q 0 0 0 rg BT 411.77 411.75 Td (providers, ) Tj ET Q q 0 0 0 rg BT 458.35 411.75 Td (and ) Tj ET Q q 0 0 0 rg BT 477.72 411.75 Td (other ) Tj ET Q q 0 0 0 rg BT 503.19 411.75 Td (partners. ) Tj ET Q q 0 0 0 rg BT 545.33 411.75 Td (Our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 399.75 Td (brands ) Tj ET Q q 0 0 0 rg BT 83.78 399.75 Td (may ) Tj ET Q q 0 0 0 rg BT 105.87 399.75 Td (be ) Tj ET Q q 0 0 0 rg BT 120.20 399.75 Td (negatively ) Tj ET Q q 0 0 0 rg BT 168.43 399.75 Td (af) Tj ET Q q 0 0 0 rg BT 176.59 399.75 Td (fected ) Tj ET Q q 0 0 0 rg BT 207.03 399.75 Td (by ) Tj ET Q q 0 0 0 rg BT 220.79 399.75 Td (a ) Tj ET Q q 0 0 0 rg BT 229.56 399.75 Td (number ) Tj ET Q q 0 0 0 rg BT 266.66 399.75 Td (of ) Tj ET Q q 0 0 0 rg BT 278.20 399.75 Td (factors, ) Tj ET Q q 0 0 0 rg BT 314.19 399.75 Td (including, ) Tj ET Q q 0 0 0 rg BT 359.65 399.75 Td (among ) Tj ET Q q 0 0 0 rg BT 393.42 399.75 Td (others, ) Tj ET Q q 0 0 0 rg BT 427.20 399.75 Td (reputational ) Tj ET Q q 0 0 0 rg BT 482.66 399.75 Td (issues, ) Tj ET Q q 0 0 0 rg BT 516.98 399.75 Td (third-party ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 387.75 Td (content ) Tj ET Q q 0 0 0 rg BT 87.36 387.75 Td (shared ) Tj ET Q q 0 0 0 rg BT 122.50 387.75 Td (on ) Tj ET Q q 0 0 0 rg BT 138.18 387.75 Td (our ) Tj ET Q q 0 0 0 rg BT 157.20 387.75 Td (platforms, ) Tj ET Q q 0 0 0 rg BT 205.66 387.75 Td (data ) Tj ET Q q 0 0 0 rg BT 229.68 387.75 Td (privacy ) Tj ET Q q 0 0 0 rg BT 265.91 387.75 Td (and ) Tj ET Q q 0 0 0 rg BT 287.16 387.75 Td (security ) Tj ET Q q 0 0 0 rg BT 326.17 387.75 Td (issues ) Tj ET Q q 0 0 0 rg BT 359.08 387.75 Td (and ) Tj ET Q q 0 0 0 rg BT 380.32 387.75 Td (developments, ) Tj ET Q q 0 0 0 rg BT 449.92 387.75 Td (and ) Tj ET Q q 0 0 0 rg BT 471.17 387.75 Td (product ) Tj ET Q q 0 0 0 rg BT 509.08 387.75 Td (or ) Tj ET Q q 0 0 0 rg BT 522.53 387.75 Td (technical ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 375.75 Td (performance ) Tj ET Q q 0 0 0 rg BT 108.40 375.75 Td (failures. ) Tj ET Q q 0 0 0 rg BT 145.68 375.75 Td (For ) Tj ET Q q 0 0 0 rg BT 162.94 375.75 Td (example, ) Tj ET Q q 0 0 0 rg BT 205.78 375.75 Td (if ) Tj ET Q q 0 0 0 rg BT 213.04 375.75 Td (we ) Tj ET Q q 0 0 0 rg BT 228.09 375.75 Td (fail ) Tj ET Q q 0 0 0 rg BT 243.13 375.75 Td (to ) Tj ET Q q 0 0 0 rg BT 253.74 375.75 Td (appropriately ) Tj ET Q q 0 0 0 rg BT 313.81 375.75 Td (respond ) Tj ET Q q 0 0 0 rg BT 352.21 375.75 Td (to ) Tj ET Q q 0 0 0 rg BT 362.81 375.75 Td (the ) Tj ET Q q 0 0 0 rg BT 378.98 375.75 Td (sharing ) Tj ET Q q 0 0 0 rg BT 414.04 375.75 Td (of ) Tj ET Q q 0 0 0 rg BT 424.64 375.75 Td (misinformation ) Tj ET Q q 0 0 0 rg BT 491.92 375.75 Td (or ) Tj ET Q q 0 0 0 rg BT 503.08 375.75 Td (objectionable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 363.75 Td (content ) Tj ET Q q 0 0 0 rg BT 85.44 363.75 Td (on ) Tj ET Q q 0 0 0 rg BT 99.19 363.75 Td (our ) Tj ET Q q 0 0 0 rg BT 116.28 363.75 Td (services ) Tj ET Q q 0 0 0 rg BT 155.59 363.75 Td (or ) Tj ET Q q 0 0 0 rg BT 167.12 363.75 Td (objectionable ) Tj ET Q q 0 0 0 rg BT 228.69 363.75 Td (practices ) Tj ET Q q 0 0 0 rg BT 271.34 363.75 Td (by ) Tj ET Q q 0 0 0 rg BT 284.53 363.75 Td (advertisers, ) Tj ET Q q 0 0 0 rg BT 338.85 363.75 Td (or ) Tj ET Q q 0 0 0 rg BT 350.38 363.75 Td (to ) Tj ET Q q 0 0 0 rg BT 361.35 363.75 Td (otherwise ) Tj ET Q q 0 0 0 rg BT 406.78 363.75 Td (adequately ) Tj ET Q q 0 0 0 rg BT 458.35 363.75 Td (address ) Tj ET Q q 0 0 0 rg BT 496.56 363.75 Td (user ) Tj ET Q q 0 0 0 rg BT 518.65 363.75 Td (concerns, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 351.75 Td (our ) Tj ET Q q 0 0 0 rg BT 67.16 351.75 Td (users ) Tj ET Q q 0 0 0 rg BT 94.32 351.75 Td (may ) Tj ET Q q 0 0 0 rg BT 115.92 351.75 Td (lose ) Tj ET Q q 0 0 0 rg BT 136.97 351.75 Td (confidence ) Tj ET Q q 0 0 0 rg BT 188.04 351.75 Td (in ) Tj ET Q q 0 0 0 rg BT 198.53 351.75 Td (our ) Tj ET Q q 0 0 0 rg BT 215.69 351.75 Td (brands. ) Tj ET Q q 0 0 0 rg BT 251.75 351.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 271.13 351.75 Td (brands ) Tj ET Q q 0 0 0 rg BT 304.41 351.75 Td (may ) Tj ET Q q 0 0 0 rg BT 326.01 351.75 Td (also ) Tj ET Q q 0 0 0 rg BT 347.06 351.75 Td (be ) Tj ET Q q 0 0 0 rg BT 360.89 351.75 Td (negatively ) Tj ET Q q 0 0 0 rg BT 408.63 351.75 Td (af) Tj ET Q q 0 0 0 rg BT 416.79 351.75 Td (fected ) Tj ET Q q 0 0 0 rg BT 446.74 351.75 Td (by ) Tj ET Q q 0 0 0 rg BT 460.00 351.75 Td (the ) Tj ET Q q 0 0 0 rg BT 476.61 351.75 Td (use ) Tj ET Q q 0 0 0 rg BT 495.44 351.75 Td (of ) Tj ET Q q 0 0 0 rg BT 506.49 351.75 Td (our ) Tj ET Q q 0 0 0 rg BT 523.65 351.75 Td (products ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 339.75 Td (or ) Tj ET Q q 0 0 0 rg BT 61.67 339.75 Td (services ) Tj ET Q q 0 0 0 rg BT 101.12 339.75 Td (to ) Tj ET Q q 0 0 0 rg BT 112.24 339.75 Td (disseminate ) Tj ET Q q 0 0 0 rg BT 168.38 339.75 Td (information ) Tj ET Q q 0 0 0 rg BT 220.63 339.75 Td (that ) Tj ET Q q 0 0 0 rg BT 240.08 339.75 Td (is ) Tj ET Q q 0 0 0 rg BT 250.08 339.75 Td (deemed ) Tj ET Q q 0 0 0 rg BT 289.00 339.75 Td (to ) Tj ET Q q 0 0 0 rg BT 300.12 339.75 Td (be ) Tj ET Q q 0 0 0 rg BT 314.02 339.75 Td (false ) Tj ET Q q 0 0 0 rg BT 337.92 339.75 Td (or ) Tj ET Q q 0 0 0 rg BT 349.59 339.75 Td (misleading.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 321.75 Td (Furthermore, ) Tj ET Q q 0 0 0 rg BT 133.82 321.75 Td (failure ) Tj ET Q q 0 0 0 rg BT 164.08 321.75 Td (to ) Tj ET Q q 0 0 0 rg BT 175.45 321.75 Td (maintain ) Tj ET Q q 0 0 0 rg BT 216.28 321.75 Td (and ) Tj ET Q q 0 0 0 rg BT 235.99 321.75 Td (enhance ) Tj ET Q q 0 0 0 rg BT 277.39 321.75 Td (equity ) Tj ET Q q 0 0 0 rg BT 307.10 321.75 Td (in ) Tj ET Q q 0 0 0 rg BT 317.91 321.75 Td (our ) Tj ET Q q 0 0 0 rg BT 335.39 321.75 Td (brands ) Tj ET Q q 0 0 0 rg BT 369.00 321.75 Td (may ) Tj ET Q q 0 0 0 rg BT 390.92 321.75 Td (harm ) Tj ET Q q 0 0 0 rg BT 416.73 321.75 Td (our ) Tj ET Q q 0 0 0 rg BT 434.21 321.75 Td (business, ) Tj ET Q q 0 0 0 rg BT 479.48 321.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 519.20 321.75 Td (condition, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 309.75 Td (and ) Tj ET Q q 0 0 0 rg BT 69.87 309.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 114.75 309.75 Td (results. ) Tj ET Q q 0 0 0 rg BT 150.16 309.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 170.02 309.75 Td (success ) Tj ET Q q 0 0 0 rg BT 209.32 309.75 Td (will ) Tj ET Q q 0 0 0 rg BT 226.39 309.75 Td (depend ) Tj ET Q q 0 0 0 rg BT 262.94 309.75 Td (largely ) Tj ET Q q 0 0 0 rg BT 295.58 309.75 Td (on ) Tj ET Q q 0 0 0 rg BT 309.89 309.75 Td (our ) Tj ET Q q 0 0 0 rg BT 327.52 309.75 Td (ability ) Tj ET Q q 0 0 0 rg BT 356.27 309.75 Td (to ) Tj ET Q q 0 0 0 rg BT 367.80 309.75 Td (remain ) Tj ET Q q 0 0 0 rg BT 401.54 309.75 Td (a ) Tj ET Q q 0 0 0 rg BT 410.29 309.75 Td (technology ) Tj ET Q q 0 0 0 rg BT 461.84 309.75 Td (leader ) Tj ET Q q 0 0 0 rg BT 492.82 309.75 Td (and ) Tj ET Q q 0 0 0 rg BT 512.69 309.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 553.68 309.75 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 297.75 Td (provide ) Tj ET Q q 0 0 0 rg BT 84.56 297.75 Td (high-quality) Tj ET Q q 0 0 0 rg BT 134.96 297.75 Td (, ) Tj ET Q q 0 0 0 rg BT 139.51 297.75 Td (innovative ) Tj ET Q q 0 0 0 rg BT 186.30 297.75 Td (products ) Tj ET Q q 0 0 0 rg BT 226.42 297.75 Td (and ) Tj ET Q q 0 0 0 rg BT 244.88 297.75 Td (services ) Tj ET Q q 0 0 0 rg BT 283.32 297.75 Td (that ) Tj ET Q q 0 0 0 rg BT 301.76 297.75 Td (are ) Tj ET Q q 0 0 0 rg BT 317.98 297.75 Td (truly ) Tj ET Q q 0 0 0 rg BT 338.64 297.75 Td (useful ) Tj ET Q q 0 0 0 rg BT 367.09 297.75 Td (and ) Tj ET Q q 0 0 0 rg BT 385.54 297.75 Td (play ) Tj ET Q q 0 0 0 rg BT 405.65 297.75 Td (a ) Tj ET Q q 0 0 0 rg BT 412.98 297.75 Td (valuable ) Tj ET Q q 0 0 0 rg BT 452.00 297.75 Td (role ) Tj ET Q q 0 0 0 rg BT 470.44 297.75 Td (in ) Tj ET Q q 0 0 0 rg BT 479.99 297.75 Td (a ) Tj ET Q q 0 0 0 rg BT 487.31 297.75 Td (range ) Tj ET Q q 0 0 0 rg BT 514.66 297.75 Td (of ) Tj ET Q q 0 0 0 rg BT 524.76 297.75 Td (settings.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 73.00 279.75 Td (W) Tj ET Q q 0 0 0 rg BT 82.26 279.75 Td (e ) Tj ET Q q 0 0 0 rg BT 91.13 279.75 Td (face ) Tj ET Q q 0 0 0 rg BT 114.46 279.75 Td (a ) Tj ET Q q 0 0 0 rg BT 123.33 279.75 Td (number ) Tj ET Q q 0 0 0 rg BT 163.32 279.75 Td (of ) Tj ET Q q 0 0 0 rg BT 176.07 279.75 Td (manufacturing ) Tj ET Q q 0 0 0 rg BT 248.83 279.75 Td (and ) Tj ET Q q 0 0 0 rg BT 269.92 279.75 Td (supply ) Tj ET Q q 0 0 0 rg BT 305.46 279.75 Td (chain ) Tj ET Q q 0 0 0 rg BT 334.89 279.75 Td (risks ) Tj ET Q q 0 0 0 rg BT 361.56 279.75 Td (that, ) Tj ET Q q 0 0 0 rg BT 385.98 279.75 Td (if ) Tj ET Q q 0 0 0 rg BT 395.40 279.75 Td (not ) Tj ET Q q 0 0 0 rg BT 414.26 279.75 Td (properly ) Tj ET Q q 0 0 0 rg BT 457.58 279.75 Td (managed, ) Tj ET Q q 0 0 0 rg BT 507.58 279.75 Td (could ) Tj ET Q q 0 0 0 rg BT 537.56 279.75 Td (harm ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 267.75 Td (our ) Tj ET Q q 0 0 0 rg BT 68.89 267.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 112.23 267.75 Td (condition, ) Tj ET Q q 0 0 0 rg BT 162.78 267.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 211.11 267.75 Td (results, ) Tj ET Q q 0 0 0 rg BT 249.46 267.75 Td (and ) Tj ET Q q 0 0 0 rg BT 270.02 267.75 Td (prospects. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 249.75 Td (W) Tj ET Q q 0 0 0 rg BT 82.26 249.75 Td (e ) Tj ET Q q 0 0 0 rg BT 90.19 249.75 Td (face ) Tj ET Q q 0 0 0 rg BT 111.45 249.75 Td (a ) Tj ET Q q 0 0 0 rg BT 119.38 249.75 Td (number ) Tj ET Q q 0 0 0 rg BT 155.65 249.75 Td (of ) Tj ET Q q 0 0 0 rg BT 166.36 249.75 Td (risks ) Tj ET Q q 0 0 0 rg BT 189.27 249.75 Td (related ) Tj ET Q q 0 0 0 rg BT 222.22 249.75 Td (to ) Tj ET Q q 0 0 0 rg BT 232.92 249.75 Td (manufacturing ) Tj ET Q q 0 0 0 rg BT 298.66 249.75 Td (and ) Tj ET Q q 0 0 0 rg BT 317.71 249.75 Td (supply ) Tj ET Q q 0 0 0 rg BT 348.98 249.75 Td (chain ) Tj ET Q q 0 0 0 rg BT 375.25 249.75 Td (management, ) Tj ET Q q 0 0 0 rg BT 438.76 249.75 Td (which ) Tj ET Q q 0 0 0 rg BT 466.70 249.75 Td (could ) Tj ET Q q 0 0 0 rg BT 492.97 249.75 Td (af) Tj ET Q q 0 0 0 rg BT 501.13 249.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 519.61 249.75 Td (our ) Tj ET Q q 0 0 0 rg BT 536.43 249.75 Td (ability ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 237.75 Td (to ) Tj ET Q q 0 0 0 rg BT 61.12 237.75 Td (supply ) Tj ET Q q 0 0 0 rg BT 92.80 237.75 Td (both ) Tj ET Q q 0 0 0 rg BT 115.04 237.75 Td (our ) Tj ET Q q 0 0 0 rg BT 132.28 237.75 Td (products ) Tj ET Q q 0 0 0 rg BT 173.41 237.75 Td (and ) Tj ET Q q 0 0 0 rg BT 192.87 237.75 Td (our ) Tj ET Q q 0 0 0 rg BT 210.10 237.75 Td (internet-based ) Tj ET Q q 0 0 0 rg BT 276.81 237.75 Td (services.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 219.75 Td (W) Tj ET Q q 0 0 0 rg BT 82.26 219.75 Td (e ) Tj ET Q q 0 0 0 rg BT 90.54 219.75 Td (rely ) Tj ET Q q 0 0 0 rg BT 109.36 219.75 Td (on ) Tj ET Q q 0 0 0 rg BT 123.20 219.75 Td (other ) Tj ET Q q 0 0 0 rg BT 148.71 219.75 Td (companies ) Tj ET Q q 0 0 0 rg BT 199.79 219.75 Td (to ) Tj ET Q q 0 0 0 rg BT 210.84 219.75 Td (manufacture ) Tj ET Q q 0 0 0 rg BT 269.14 219.75 Td (many ) Tj ET Q q 0 0 0 rg BT 296.31 219.75 Td (of ) Tj ET Q q 0 0 0 rg BT 307.37 219.75 Td (our ) Tj ET Q q 0 0 0 rg BT 324.54 219.75 Td (assemblies ) Tj ET Q q 0 0 0 rg BT 377.27 219.75 Td (and ) Tj ET Q q 0 0 0 rg BT 396.67 219.75 Td (finished ) Tj ET Q q 0 0 0 rg BT 433.86 219.75 Td (products, ) Tj ET Q q 0 0 0 rg BT 477.71 219.75 Td (to ) Tj ET Q q 0 0 0 rg BT 488.76 219.75 Td (design ) Tj ET Q q 0 0 0 rg BT 520.95 219.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 553.68 219.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 207.75 Td (our ) Tj ET Q q 0 0 0 rg BT 67.33 207.75 Td (components ) Tj ET Q q 0 0 0 rg BT 124.68 207.75 Td (and ) Tj ET Q q 0 0 0 rg BT 144.23 207.75 Td (parts, ) Tj ET Q q 0 0 0 rg BT 172.12 207.75 Td (and ) Tj ET Q q 0 0 0 rg BT 191.67 207.75 Td (to ) Tj ET Q q 0 0 0 rg BT 202.89 207.75 Td (participate ) Tj ET Q q 0 0 0 rg BT 251.90 207.75 Td (in ) Tj ET Q q 0 0 0 rg BT 262.55 207.75 Td (the ) Tj ET Q q 0 0 0 rg BT 279.33 207.75 Td (distribution ) Tj ET Q q 0 0 0 rg BT 330.56 207.75 Td (of ) Tj ET Q q 0 0 0 rg BT 341.77 207.75 Td (our ) Tj ET Q q 0 0 0 rg BT 359.10 207.75 Td (products ) Tj ET Q q 0 0 0 rg BT 400.33 207.75 Td (and ) Tj ET Q q 0 0 0 rg BT 419.89 207.75 Td (services. ) Tj ET Q q 0 0 0 rg BT 462.21 207.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 481.75 207.75 Td (business ) Tj ET Q q 0 0 0 rg BT 524.10 207.75 Td (could ) Tj ET Q q 0 0 0 rg BT 550.88 207.75 Td (be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 195.75 Td (negatively ) Tj ET Q q 0 0 0 rg BT 99.06 195.75 Td (af) Tj ET Q q 0 0 0 rg BT 107.22 195.75 Td (fected ) Tj ET Q q 0 0 0 rg BT 138.50 195.75 Td (if ) Tj ET Q q 0 0 0 rg BT 147.53 195.75 Td (we ) Tj ET Q q 0 0 0 rg BT 164.35 195.75 Td (are ) Tj ET Q q 0 0 0 rg BT 182.83 195.75 Td (not ) Tj ET Q q 0 0 0 rg BT 200.77 195.75 Td (able ) Tj ET Q q 0 0 0 rg BT 223.71 195.75 Td (to ) Tj ET Q q 0 0 0 rg BT 236.08 195.75 Td (engage ) Tj ET Q q 0 0 0 rg BT 273.48 195.75 Td (these ) Tj ET Q q 0 0 0 rg BT 301.98 195.75 Td (companies ) Tj ET Q q 0 0 0 rg BT 354.37 195.75 Td (with ) Tj ET Q q 0 0 0 rg BT 376.19 195.75 Td (the ) Tj ET Q q 0 0 0 rg BT 394.12 195.75 Td (necessary ) Tj ET Q q 0 0 0 rg BT 443.73 195.75 Td (capabilities ) Tj ET Q q 0 0 0 rg BT 497.24 195.75 Td (or ) Tj ET Q q 0 0 0 rg BT 510.16 195.75 Td (capacity ) Tj ET Q q 0 0 0 rg BT 550.88 195.75 Td (on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 183.75 Td (reasonable ) Tj ET Q q 0 0 0 rg BT 103.02 183.75 Td (terms, ) Tj ET Q q 0 0 0 rg BT 134.33 183.75 Td (or ) Tj ET Q q 0 0 0 rg BT 146.75 183.75 Td (if ) Tj ET Q q 0 0 0 rg BT 155.28 183.75 Td (those ) Tj ET Q q 0 0 0 rg BT 183.28 183.75 Td (we ) Tj ET Q q 0 0 0 rg BT 199.59 183.75 Td (engage ) Tj ET Q q 0 0 0 rg BT 236.50 183.75 Td (fail ) Tj ET Q q 0 0 0 rg BT 252.81 183.75 Td (to ) Tj ET Q q 0 0 0 rg BT 264.69 183.75 Td (meet ) Tj ET Q q 0 0 0 rg BT 290.45 183.75 Td (their ) Tj ET Q q 0 0 0 rg BT 313.44 183.75 Td (obligations ) Tj ET Q q 0 0 0 rg BT 364.78 183.75 Td (\(whether ) Tj ET Q q 0 0 0 rg BT 407.22 183.75 Td (due ) Tj ET Q q 0 0 0 rg BT 427.44 183.75 Td (to ) Tj ET Q q 0 0 0 rg BT 439.31 183.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 479.53 183.75 Td (dif) Tj ET Q q 0 0 0 rg BT 489.91 183.75 Td (ficulties ) Tj ET Q q 0 0 0 rg BT 526.79 183.75 Td (or ) Tj ET Q q 0 0 0 rg BT 539.21 183.75 Td (other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 171.75 Td (reasons\), ) Tj ET Q q 0 0 0 rg BT 94.46 171.75 Td (or ) Tj ET Q q 0 0 0 rg BT 106.13 171.75 Td (make ) Tj ET Q q 0 0 0 rg BT 133.36 171.75 Td (adverse ) Tj ET Q q 0 0 0 rg BT 171.72 171.75 Td (changes ) Tj ET Q q 0 0 0 rg BT 212.30 171.75 Td (in ) Tj ET Q q 0 0 0 rg BT 222.87 171.75 Td (the ) Tj ET Q q 0 0 0 rg BT 239.55 171.75 Td (pricing ) Tj ET Q q 0 0 0 rg BT 271.78 171.75 Td (or ) Tj ET Q q 0 0 0 rg BT 283.45 171.75 Td (other ) Tj ET Q q 0 0 0 rg BT 309.02 171.75 Td (material ) Tj ET Q q 0 0 0 rg BT 347.37 171.75 Td (terms ) Tj ET Q q 0 0 0 rg BT 375.15 171.75 Td (of ) Tj ET Q q 0 0 0 rg BT 386.26 171.75 Td (our ) Tj ET Q q 0 0 0 rg BT 403.50 171.75 Td (arrangements ) Tj ET Q q 0 0 0 rg BT 467.97 171.75 Td (with ) Tj ET Q q 0 0 0 rg BT 488.54 171.75 Td (them.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 153.75 Td (W) Tj ET Q q 0 0 0 rg BT 82.26 153.75 Td (e ) Tj ET Q q 0 0 0 rg BT 91.77 153.75 Td (may ) Tj ET Q q 0 0 0 rg BT 114.61 153.75 Td (experience ) Tj ET Q q 0 0 0 rg BT 167.49 153.75 Td (supply ) Tj ET Q q 0 0 0 rg BT 200.34 153.75 Td (shortages ) Tj ET Q q 0 0 0 rg BT 248.21 153.75 Td (and ) Tj ET Q q 0 0 0 rg BT 268.85 153.75 Td (price ) Tj ET Q q 0 0 0 rg BT 294.48 153.75 Td (increases ) Tj ET Q q 0 0 0 rg BT 341.22 153.75 Td (driven ) Tj ET Q q 0 0 0 rg BT 372.41 153.75 Td (by ) Tj ET Q q 0 0 0 rg BT 386.93 153.75 Td (raw ) Tj ET Q q 0 0 0 rg BT 406.99 153.75 Td (material ) Tj ET Q q 0 0 0 rg BT 446.51 153.75 Td (availability) Tj ET Q q 0 0 0 rg BT 491.90 153.75 Td (, ) Tj ET Q q 0 0 0 rg BT 498.63 153.75 Td (manufacturing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 141.75 Td (capacity) Tj ET Q q 0 0 0 rg BT 85.94 141.75 Td (, ) Tj ET Q q 0 0 0 rg BT 92.58 141.75 Td (labor ) Tj ET Q q 0 0 0 rg BT 118.67 141.75 Td (shortages, ) Tj ET Q q 0 0 0 rg BT 169.22 141.75 Td (industry ) Tj ET Q q 0 0 0 rg BT 208.09 141.75 Td (allocations, ) Tj ET Q q 0 0 0 rg BT 261.97 141.75 Td (tarif) Tj ET Q q 0 0 0 rg BT 278.46 141.75 Td (fs, ) Tj ET Q q 0 0 0 rg BT 292.87 141.75 Td (trade ) Tj ET Q q 0 0 0 rg BT 319.52 141.75 Td (disputes ) Tj ET Q q 0 0 0 rg BT 360.62 141.75 Td (and ) Tj ET Q q 0 0 0 rg BT 381.16 141.75 Td (barriers, ) Tj ET Q q 0 0 0 rg BT 421.69 141.75 Td (natural ) Tj ET Q q 0 0 0 rg BT 456.13 141.75 Td (disasters, ) Tj ET Q q 0 0 0 rg BT 502.77 141.75 Td (the ) Tj ET Q q 0 0 0 rg BT 520.53 141.75 Td (ef) Tj ET Q q 0 0 0 rg BT 528.69 141.75 Td (fects ) Tj ET Q q 0 0 0 rg BT 553.66 141.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 129.75 Td (climate ) Tj ET Q q 0 0 0 rg BT 85.46 129.75 Td (change ) Tj ET Q q 0 0 0 rg BT 122.05 129.75 Td (\(such ) Tj ET Q q 0 0 0 rg BT 150.29 129.75 Td (as ) Tj ET Q q 0 0 0 rg BT 164.64 129.75 Td (sea ) Tj ET Q q 0 0 0 rg BT 184.55 129.75 Td (level ) Tj ET Q q 0 0 0 rg BT 208.90 129.75 Td (rise, ) Tj ET Q q 0 0 0 rg BT 231.57 129.75 Td (drought, ) Tj ET Q q 0 0 0 rg BT 272.05 129.75 Td (flooding, ) Tj ET Q q 0 0 0 rg BT 313.65 129.75 Td (wildfires, ) Tj ET Q q 0 0 0 rg BT 356.33 129.75 Td (and ) Tj ET Q q 0 0 0 rg BT 376.80 129.75 Td (increased ) Tj ET Q q 0 0 0 rg BT 423.94 129.75 Td (storm ) Tj ET Q q 0 0 0 rg BT 452.73 129.75 Td (severity\), ) Tj ET Q q 0 0 0 rg BT 497.07 129.75 Td (and ) Tj ET Q q 0 0 0 rg BT 517.54 129.75 Td (significant ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 117.75 Td (changes ) Tj ET Q q 0 0 0 rg BT 90.80 117.75 Td (in ) Tj ET Q q 0 0 0 rg BT 101.57 117.75 Td (the ) Tj ET Q q 0 0 0 rg BT 118.46 117.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 158.14 117.75 Td (or ) Tj ET Q q 0 0 0 rg BT 170.02 117.75 Td (business ) Tj ET Q q 0 0 0 rg BT 212.47 117.75 Td (condition ) Tj ET Q q 0 0 0 rg BT 255.49 117.75 Td (of ) Tj ET Q q 0 0 0 rg BT 266.82 117.75 Td (our ) Tj ET Q q 0 0 0 rg BT 284.26 117.75 Td (suppliers. ) Tj ET Q q 0 0 0 rg BT 330.05 117.75 Td (W) Tj ET Q q 0 0 0 rg BT 339.31 117.75 Td (e ) Tj ET Q q 0 0 0 rg BT 347.86 117.75 Td (may ) Tj ET Q q 0 0 0 rg BT 369.74 117.75 Td (experience ) Tj ET Q q 0 0 0 rg BT 421.65 117.75 Td (shortages ) Tj ET Q q 0 0 0 rg BT 468.55 117.75 Td (or ) Tj ET Q q 0 0 0 rg BT 480.43 117.75 Td (other ) Tj ET Q q 0 0 0 rg BT 506.21 117.75 Td (supply ) Tj ET Q q 0 0 0 rg BT 538.11 117.75 Td (chain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 105.75 Td (disruptions ) Tj ET Q q 0 0 0 rg BT 101.41 105.75 Td (that ) Tj ET Q q 0 0 0 rg BT 121.14 105.75 Td (could ) Tj ET Q q 0 0 0 rg BT 148.10 105.75 Td (negatively ) Tj ET Q q 0 0 0 rg BT 196.18 105.75 Td (af) Tj ET Q q 0 0 0 rg BT 204.34 105.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 223.51 105.75 Td (our ) Tj ET Q q 0 0 0 rg BT 241.02 105.75 Td (operations. ) Tj ET Q q 0 0 0 rg BT 293.55 105.75 Td (In ) Tj ET Q q 0 0 0 rg BT 304.94 105.75 Td (addition, ) Tj ET Q q 0 0 0 rg BT 345.80 105.75 Td (some ) Tj ET Q q 0 0 0 rg BT 373.31 105.75 Td (of ) Tj ET Q q 0 0 0 rg BT 384.70 105.75 Td (the ) Tj ET Q q 0 0 0 rg BT 401.65 105.75 Td (components ) Tj ET Q q 0 0 0 rg BT 459.18 105.75 Td (we ) Tj ET Q q 0 0 0 rg BT 475.02 105.75 Td (use ) Tj ET Q q 0 0 0 rg BT 494.19 105.75 Td (in ) Tj ET Q q 0 0 0 rg BT 505.03 105.75 Td (our ) Tj ET Q q 0 0 0 rg BT 522.53 105.75 Td (technical ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 93.75 Td (infrastructure ) Tj ET Q q 0 0 0 rg BT 110.97 93.75 Td (and ) Tj ET Q q 0 0 0 rg BT 130.27 93.75 Td (products ) Tj ET Q q 0 0 0 rg BT 171.24 93.75 Td (are ) Tj ET Q q 0 0 0 rg BT 188.31 93.75 Td (available ) Tj ET Q q 0 0 0 rg BT 230.40 93.75 Td (only ) Tj ET Q q 0 0 0 rg BT 251.36 93.75 Td (from ) Tj ET Q q 0 0 0 rg BT 273.97 93.75 Td (a ) Tj ET Q q 0 0 0 rg BT 282.15 93.75 Td (single ) Tj ET Q q 0 0 0 rg BT 310.90 93.75 Td (source ) Tj ET Q q 0 0 0 rg BT 343.53 93.75 Td (or ) Tj ET Q q 0 0 0 rg BT 355.03 93.75 Td (limited ) Tj ET Q q 0 0 0 rg BT 386.54 93.75 Td (sources, ) Tj ET Q q 0 0 0 rg BT 426.95 93.75 Td (and ) Tj ET Q q 0 0 0 rg BT 446.25 93.75 Td (we ) Tj ET Q q 0 0 0 rg BT 461.65 93.75 Td (may ) Tj ET Q q 0 0 0 rg BT 483.16 93.75 Td (not ) Tj ET Q q 0 0 0 rg BT 499.68 93.75 Td (be ) Tj ET Q q 0 0 0 rg BT 513.42 93.75 Td (able ) Tj ET Q q 0 0 0 rg BT 534.94 93.75 Td (to ) Tj ET Q q 0 0 0 rg BT 545.89 93.75 Td (find ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 81.75 Td (replacement ) Tj ET Q q 0 0 0 rg BT 107.81 81.75 Td (vendors ) Tj ET Q q 0 0 0 rg BT 146.17 81.75 Td (on ) Tj ET Q q 0 0 0 rg BT 160.07 81.75 Td (favorable ) Tj ET Q q 0 0 0 rg BT 203.99 81.75 Td (terms ) Tj ET Q q 0 0 0 rg BT 231.77 81.75 Td (in ) Tj ET Q q 0 0 0 rg BT 242.34 81.75 Td (the ) Tj ET Q q 0 0 0 rg BT 259.02 81.75 Td (event ) Tj ET Q q 0 0 0 rg BT 286.26 81.75 Td (of ) Tj ET Q q 0 0 0 rg BT 297.38 81.75 Td (a ) Tj ET Q q 0 0 0 rg BT 305.73 81.75 Td (supply ) Tj ET Q q 0 0 0 rg BT 337.42 81.75 Td (chain ) Tj ET Q q 0 0 0 rg BT 364.10 81.75 Td (disruption. ) Tj ET Q q 0 0 0 rg BT 413.02 81.75 Td (In ) Tj ET Q q 0 0 0 rg BT 424.14 81.75 Td (addition, ) Tj ET Q q 0 0 0 rg BT 464.73 81.75 Td (a ) Tj ET Q q 0 0 0 rg BT 473.07 81.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 520.32 81.75 Td (hardware ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 69.75 Td (supply ) Tj ET Q q 0 0 0 rg BT 81.68 69.75 Td (interruption ) Tj ET Q q 0 0 0 rg BT 134.49 69.75 Td (could ) Tj ET Q q 0 0 0 rg BT 161.18 69.75 Td (delay ) Tj ET Q q 0 0 0 rg BT 187.86 69.75 Td (critical ) Tj ET Q q 0 0 0 rg BT 218.97 69.75 Td (data ) Tj ET Q q 0 0 0 rg BT 241.22 69.75 Td (center ) Tj ET Q q 0 0 0 rg BT 271.79 69.75 Td (upgrades ) Tj ET Q q 0 0 0 rg BT 316.26 69.75 Td (or ) Tj ET Q q 0 0 0 rg BT 327.93 69.75 Td (expansions.) Tj ET Q endstream endobj 27 0 obj <>] /Rotate 0 /Contents 28 0 R>> endobj 28 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 53 767.11455078125 m 123.04443359375 767.11455078125 l s q 0 0 1 rg BT 53.00 768.40 Td (T) Tj ET Q q 0 0 1 rg BT 57.50 768.40 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.396078431372549 0.396078431372549 0.396078431372549 rg BT 500.45 768.40 Td (Alphabet Inc.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.40 31.25 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 741.75 Td (W) Tj ET Q q 0 0 0 rg BT 82.26 741.75 Td (e ) Tj ET Q q 0 0 0 rg BT 89.37 741.75 Td (may ) Tj ET Q q 0 0 0 rg BT 109.81 741.75 Td (enter ) Tj ET Q q 0 0 0 rg BT 134.15 741.75 Td (into ) Tj ET Q q 0 0 0 rg BT 151.82 741.75 Td (long ) Tj ET Q q 0 0 0 rg BT 172.27 741.75 Td (term ) Tj ET Q q 0 0 0 rg BT 193.82 741.75 Td (contracts ) Tj ET Q q 0 0 0 rg BT 235.94 741.75 Td (for ) Tj ET Q q 0 0 0 rg BT 249.16 741.75 Td (materials ) Tj ET Q q 0 0 0 rg BT 291.27 741.75 Td (and ) Tj ET Q q 0 0 0 rg BT 309.50 741.75 Td (products ) Tj ET Q q 0 0 0 rg BT 349.41 741.75 Td (that ) Tj ET Q q 0 0 0 rg BT 367.63 741.75 Td (commit ) Tj ET Q q 0 0 0 rg BT 401.40 741.75 Td (us ) Tj ET Q q 0 0 0 rg BT 413.51 741.75 Td (to ) Tj ET Q q 0 0 0 rg BT 423.40 741.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 469.42 741.75 Td (terms ) Tj ET Q q 0 0 0 rg BT 495.96 741.75 Td (and ) Tj ET Q q 0 0 0 rg BT 514.20 741.75 Td (conditions. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 729.75 Td (W) Tj ET Q q 0 0 0 rg BT 59.26 729.75 Td (e ) Tj ET Q q 0 0 0 rg BT 67.28 729.75 Td (may ) Tj ET Q q 0 0 0 rg BT 88.64 729.75 Td (be ) Tj ET Q q 0 0 0 rg BT 102.23 729.75 Td (liable ) Tj ET Q q 0 0 0 rg BT 128.04 729.75 Td (for ) Tj ET Q q 0 0 0 rg BT 142.18 729.75 Td (materials ) Tj ET Q q 0 0 0 rg BT 185.21 729.75 Td (and ) Tj ET Q q 0 0 0 rg BT 204.36 729.75 Td (products ) Tj ET Q q 0 0 0 rg BT 245.18 729.75 Td (that ) Tj ET Q q 0 0 0 rg BT 264.32 729.75 Td (are ) Tj ET Q q 0 0 0 rg BT 281.24 729.75 Td (not ) Tj ET Q q 0 0 0 rg BT 297.61 729.75 Td (consumed ) Tj ET Q q 0 0 0 rg BT 346.21 729.75 Td (due ) Tj ET Q q 0 0 0 rg BT 365.36 729.75 Td (to ) Tj ET Q q 0 0 0 rg BT 376.16 729.75 Td (market ) Tj ET Q q 0 0 0 rg BT 409.19 729.75 Td (acceptance, ) Tj ET Q q 0 0 0 rg BT 465.58 729.75 Td (technological ) Tj ET Q q 0 0 0 rg BT 526.42 729.75 Td (change, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 717.75 Td (obsolescences, ) Tj ET Q q 0 0 0 rg BT 122.52 717.75 Td (quality) Tj ET Q q 0 0 0 rg BT 150.69 717.75 Td (, ) Tj ET Q q 0 0 0 rg BT 157.05 717.75 Td (product ) Tj ET Q q 0 0 0 rg BT 194.00 717.75 Td (recalls, ) Tj ET Q q 0 0 0 rg BT 229.27 717.75 Td (and ) Tj ET Q q 0 0 0 rg BT 249.54 717.75 Td (warranty ) Tj ET Q q 0 0 0 rg BT 291.48 717.75 Td (issues. ) Tj ET Q q 0 0 0 rg BT 326.19 717.75 Td (For ) Tj ET Q q 0 0 0 rg BT 344.78 717.75 Td (instance, ) Tj ET Q q 0 0 0 rg BT 388.40 717.75 Td (because ) Tj ET Q q 0 0 0 rg BT 429.79 717.75 Td (many ) Tj ET Q q 0 0 0 rg BT 457.84 717.75 Td (of ) Tj ET Q q 0 0 0 rg BT 469.77 717.75 Td (our ) Tj ET Q q 0 0 0 rg BT 487.81 717.75 Td (hardware ) Tj ET Q q 0 0 0 rg BT 533.09 717.75 Td (supply ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 705.75 Td (contracts ) Tj ET Q q 0 0 0 rg BT 95.34 705.75 Td (have ) Tj ET Q q 0 0 0 rg BT 121.80 705.75 Td (volume-based ) Tj ET Q q 0 0 0 rg BT 189.38 705.75 Td (pricing ) Tj ET Q q 0 0 0 rg BT 223.61 705.75 Td (or ) Tj ET Q q 0 0 0 rg BT 237.27 705.75 Td (minimum ) Tj ET Q q 0 0 0 rg BT 282.60 705.75 Td (purchase ) Tj ET Q q 0 0 0 rg BT 328.51 705.75 Td (requirements, ) Tj ET Q q 0 0 0 rg BT 394.41 705.75 Td (if ) Tj ET Q q 0 0 0 rg BT 404.18 705.75 Td (the ) Tj ET Q q 0 0 0 rg BT 422.86 705.75 Td (volume ) Tj ET Q q 0 0 0 rg BT 459.86 705.75 Td (of ) Tj ET Q q 0 0 0 rg BT 472.97 705.75 Td (our ) Tj ET Q q 0 0 0 rg BT 492.20 705.75 Td (hardware ) Tj ET Q q 0 0 0 rg BT 538.66 705.75 Td (sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 693.75 Td (decreases ) Tj ET Q q 0 0 0 rg BT 99.09 693.75 Td (or ) Tj ET Q q 0 0 0 rg BT 110.94 693.75 Td (does ) Tj ET Q q 0 0 0 rg BT 135.58 693.75 Td (not ) Tj ET Q q 0 0 0 rg BT 152.44 693.75 Td (reach ) Tj ET Q q 0 0 0 rg BT 180.41 693.75 Td (projected ) Tj ET Q q 0 0 0 rg BT 224.50 693.75 Td (targets, ) Tj ET Q q 0 0 0 rg BT 260.81 693.75 Td (we ) Tj ET Q q 0 0 0 rg BT 276.55 693.75 Td (could ) Tj ET Q q 0 0 0 rg BT 303.41 693.75 Td (face ) Tj ET Q q 0 0 0 rg BT 325.27 693.75 Td (increased ) Tj ET Q q 0 0 0 rg BT 371.58 693.75 Td (materials ) Tj ET Q q 0 0 0 rg BT 415.11 693.75 Td (and ) Tj ET Q q 0 0 0 rg BT 434.75 693.75 Td (manufacturing ) Tj ET Q q 0 0 0 rg BT 501.07 693.75 Td (costs ) Tj ET Q q 0 0 0 rg BT 527.37 693.75 Td (or ) Tj ET Q q 0 0 0 rg BT 539.22 693.75 Td (other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 681.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 89.02 681.75 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 129.15 681.75 Td (that ) Tj ET Q q 0 0 0 rg BT 148.17 681.75 Td (could ) Tj ET Q q 0 0 0 rg BT 174.41 681.75 Td (make ) Tj ET Q q 0 0 0 rg BT 201.19 681.75 Td (our ) Tj ET Q q 0 0 0 rg BT 217.98 681.75 Td (products ) Tj ET Q q 0 0 0 rg BT 258.67 681.75 Td (more ) Tj ET Q q 0 0 0 rg BT 283.79 681.75 Td (costly ) Tj ET Q q 0 0 0 rg BT 311.68 681.75 Td (per ) Tj ET Q q 0 0 0 rg BT 328.47 681.75 Td (unit ) Tj ET Q q 0 0 0 rg BT 346.93 681.75 Td (to ) Tj ET Q q 0 0 0 rg BT 357.60 681.75 Td (manufacture ) Tj ET Q q 0 0 0 rg BT 415.52 681.75 Td (and ) Tj ET Q q 0 0 0 rg BT 434.54 681.75 Td (negatively ) Tj ET Q q 0 0 0 rg BT 481.91 681.75 Td (af) Tj ET Q q 0 0 0 rg BT 490.07 681.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 508.52 681.75 Td (our ) Tj ET Q q 0 0 0 rg BT 525.31 681.75 Td (financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 669.75 Td (results. ) Tj ET Q q 0 0 0 rg BT 84.39 669.75 Td (Furthermore, ) Tj ET Q q 0 0 0 rg BT 144.33 669.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 176.50 669.75 Td (of ) Tj ET Q q 0 0 0 rg BT 187.00 669.75 Td (our ) Tj ET Q q 0 0 0 rg BT 203.60 669.75 Td (competitors ) Tj ET Q q 0 0 0 rg BT 257.44 669.75 Td (may ) Tj ET Q q 0 0 0 rg BT 278.49 669.75 Td (negotiate ) Tj ET Q q 0 0 0 rg BT 321.79 669.75 Td (more ) Tj ET Q q 0 0 0 rg BT 346.73 669.75 Td (favorable ) Tj ET Q q 0 0 0 rg BT 390.02 669.75 Td (contractual ) Tj ET Q q 0 0 0 rg BT 441.09 669.75 Td (terms ) Tj ET Q q 0 0 0 rg BT 468.24 669.75 Td (based ) Tj ET Q q 0 0 0 rg BT 497.64 669.75 Td (on ) Tj ET Q q 0 0 0 rg BT 510.92 669.75 Td (volume ) Tj ET Q q 0 0 0 rg BT 545.31 669.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 657.75 Td (other ) Tj ET Q q 0 0 0 rg BT 75.57 657.75 Td (commitments ) Tj ET Q q 0 0 0 rg BT 137.80 657.75 Td (that ) Tj ET Q q 0 0 0 rg BT 157.26 657.75 Td (may ) Tj ET Q q 0 0 0 rg BT 178.93 657.75 Td (provide ) Tj ET Q q 0 0 0 rg BT 214.51 657.75 Td (them ) Tj ET Q q 0 0 0 rg BT 239.52 657.75 Td (with ) Tj ET Q q 0 0 0 rg BT 260.08 657.75 Td (competitive ) Tj ET Q q 0 0 0 rg BT 313.43 657.75 Td (advantages ) Tj ET Q q 0 0 0 rg BT 367.92 657.75 Td (and ) Tj ET Q q 0 0 0 rg BT 387.38 657.75 Td (may ) Tj ET Q q 0 0 0 rg BT 409.05 657.75 Td (af) Tj ET Q q 0 0 0 rg BT 417.21 657.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 436.11 657.75 Td (our ) Tj ET Q q 0 0 0 rg BT 453.34 657.75 Td (supply) Tj ET Q q 0 0 0 rg BT 481.50 657.75 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 639.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 94.92 639.75 Td (products ) Tj ET Q q 0 0 0 rg BT 138.52 639.75 Td (and ) Tj ET Q q 0 0 0 rg BT 160.45 639.75 Td (services ) Tj ET Q q 0 0 0 rg BT 202.38 639.75 Td (may ) Tj ET Q q 0 0 0 rg BT 226.52 639.75 Td (have ) Tj ET Q q 0 0 0 rg BT 253.45 639.75 Td (quality ) Tj ET Q q 0 0 0 rg BT 287.61 639.75 Td (issues ) Tj ET Q q 0 0 0 rg BT 321.20 639.75 Td (resulting ) Tj ET Q q 0 0 0 rg BT 364.25 639.75 Td (from ) Tj ET Q q 0 0 0 rg BT 389.49 639.75 Td (design, ) Tj ET Q q 0 0 0 rg BT 426.99 639.75 Td (manufacturing, ) Tj ET Q q 0 0 0 rg BT 498.38 639.75 Td (or ) Tj ET Q q 0 0 0 rg BT 512.52 639.75 Td (operations. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 627.75 Td (Sometimes, ) Tj ET Q q 0 0 0 rg BT 105.75 627.75 Td (these ) Tj ET Q q 0 0 0 rg BT 133.17 627.75 Td (issues ) Tj ET Q q 0 0 0 rg BT 164.47 627.75 Td (may ) Tj ET Q q 0 0 0 rg BT 186.32 627.75 Td (be ) Tj ET Q q 0 0 0 rg BT 200.40 627.75 Td (caused ) Tj ET Q q 0 0 0 rg BT 235.61 627.75 Td (by ) Tj ET Q q 0 0 0 rg BT 249.13 627.75 Td (components ) Tj ET Q q 0 0 0 rg BT 306.56 627.75 Td (we ) Tj ET Q q 0 0 0 rg BT 322.30 627.75 Td (purchase ) Tj ET Q q 0 0 0 rg BT 366.40 627.75 Td (from ) Tj ET Q q 0 0 0 rg BT 389.35 627.75 Td (other ) Tj ET Q q 0 0 0 rg BT 415.10 627.75 Td (manufacturers ) Tj ET Q q 0 0 0 rg BT 481.98 627.75 Td (or ) Tj ET Q q 0 0 0 rg BT 493.83 627.75 Td (suppliers. ) Tj ET Q q 0 0 0 rg BT 539.58 627.75 Td (If ) Tj ET Q q 0 0 0 rg BT 548.10 627.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 615.75 Td (quality ) Tj ET Q q 0 0 0 rg BT 82.31 615.75 Td (of ) Tj ET Q q 0 0 0 rg BT 94.04 615.75 Td (our ) Tj ET Q q 0 0 0 rg BT 111.90 615.75 Td (products ) Tj ET Q q 0 0 0 rg BT 153.65 615.75 Td (and ) Tj ET Q q 0 0 0 rg BT 173.74 615.75 Td (services ) Tj ET Q q 0 0 0 rg BT 213.81 615.75 Td (does ) Tj ET Q q 0 0 0 rg BT 238.89 615.75 Td (not ) Tj ET Q q 0 0 0 rg BT 256.19 615.75 Td (meet ) Tj ET Q q 0 0 0 rg BT 281.83 615.75 Td (expectations ) Tj ET Q q 0 0 0 rg BT 341.37 615.75 Td (or ) Tj ET Q q 0 0 0 rg BT 353.66 615.75 Td (our ) Tj ET Q q 0 0 0 rg BT 371.52 615.75 Td (products ) Tj ET Q q 0 0 0 rg BT 413.27 615.75 Td (or ) Tj ET Q q 0 0 0 rg BT 425.56 615.75 Td (services ) Tj ET Q q 0 0 0 rg BT 465.63 615.75 Td (are ) Tj ET Q q 0 0 0 rg BT 483.49 615.75 Td (defective, ) Tj ET Q q 0 0 0 rg BT 529.69 615.75 Td (it ) Tj ET Q q 0 0 0 rg BT 538.09 615.75 Td (could ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 603.75 Td (harm ) Tj ET Q q 0 0 0 rg BT 75.56 603.75 Td (our ) Tj ET Q q 0 0 0 rg BT 92.79 603.75 Td (reputation, ) Tj ET Q q 0 0 0 rg BT 142.83 603.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 182.29 603.75 Td (condition, ) Tj ET Q q 0 0 0 rg BT 227.88 603.75 Td (and ) Tj ET Q q 0 0 0 rg BT 247.34 603.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 291.82 603.75 Td (results.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 585.75 Td (W) Tj ET Q q 0 0 0 rg BT 82.26 585.75 Td (e ) Tj ET Q q 0 0 0 rg BT 89.84 585.75 Td (require ) Tj ET Q q 0 0 0 rg BT 122.98 585.75 Td (our ) Tj ET Q q 0 0 0 rg BT 139.45 585.75 Td (suppliers ) Tj ET Q q 0 0 0 rg BT 181.49 585.75 Td (and ) Tj ET Q q 0 0 0 rg BT 200.19 585.75 Td (business ) Tj ET Q q 0 0 0 rg BT 241.67 585.75 Td (partners ) Tj ET Q q 0 0 0 rg BT 280.38 585.75 Td (to ) Tj ET Q q 0 0 0 rg BT 290.73 585.75 Td (comply ) Tj ET Q q 0 0 0 rg BT 324.43 585.75 Td (with ) Tj ET Q q 0 0 0 rg BT 344.23 585.75 Td (laws ) Tj ET Q q 0 0 0 rg BT 366.25 585.75 Td (and, ) Tj ET Q q 0 0 0 rg BT 387.73 585.75 Td (where ) Tj ET Q q 0 0 0 rg BT 416.98 585.75 Td (applicable, ) Tj ET Q q 0 0 0 rg BT 466.81 585.75 Td (our ) Tj ET Q q 0 0 0 rg BT 483.28 585.75 Td (company ) Tj ET Q q 0 0 0 rg BT 525.87 585.75 Td (policies, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 573.75 Td (such ) Tj ET Q q 0 0 0 rg BT 75.98 573.75 Td (as ) Tj ET Q q 0 0 0 rg BT 91.40 573.75 Td (the ) Tj ET Q q 0 0 0 rg BT 110.17 573.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 147.27 573.75 Td (Supplier ) Tj ET Q q 0 0 0 rg BT 188.82 573.75 Td (Code ) Tj ET Q q 0 0 0 rg BT 217.59 573.75 Td (of ) Tj ET Q q 0 0 0 rg BT 230.79 573.75 Td (Conduct, ) Tj ET Q q 0 0 0 rg BT 275.67 573.75 Td (regarding ) Tj ET Q q 0 0 0 rg BT 322.78 573.75 Td (workplace ) Tj ET Q q 0 0 0 rg BT 372.66 573.75 Td (and ) Tj ET Q q 0 0 0 rg BT 394.21 573.75 Td (employment ) Tj ET Q q 0 0 0 rg BT 453.53 573.75 Td (practices, ) Tj ET Q q 0 0 0 rg BT 501.19 573.75 Td (data ) Tj ET Q q 0 0 0 rg BT 525.51 573.75 Td (security) Tj ET Q q 0 0 0 rg BT 559.22 573.75 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 561.75 Td (environmental ) Tj ET Q q 0 0 0 rg BT 115.35 561.75 Td (compliance ) Tj ET Q q 0 0 0 rg BT 168.46 561.75 Td (and ) Tj ET Q q 0 0 0 rg BT 187.69 561.75 Td (intellectual ) Tj ET Q q 0 0 0 rg BT 237.47 561.75 Td (property ) Tj ET Q q 0 0 0 rg BT 276.69 561.75 Td (licensing, ) Tj ET Q q 0 0 0 rg BT 320.92 561.75 Td (but ) Tj ET Q q 0 0 0 rg BT 337.35 561.75 Td (we ) Tj ET Q q 0 0 0 rg BT 352.67 561.75 Td (do ) Tj ET Q q 0 0 0 rg BT 366.33 561.75 Td (not ) Tj ET Q q 0 0 0 rg BT 382.77 561.75 Td (control ) Tj ET Q q 0 0 0 rg BT 415.32 561.75 Td (them ) Tj ET Q q 0 0 0 rg BT 440.09 561.75 Td (or ) Tj ET Q q 0 0 0 rg BT 451.51 561.75 Td (their ) Tj ET Q q 0 0 0 rg BT 473.50 561.75 Td (practices. ) Tj ET Q q 0 0 0 rg BT 518.83 561.75 Td (V) Tj ET Q q 0 0 0 rg BT 525.32 561.75 Td (iolations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 549.75 Td (of ) Tj ET Q q 0 0 0 rg BT 63.48 549.75 Td (law ) Tj ET Q q 0 0 0 rg BT 83.63 549.75 Td (or ) Tj ET Q q 0 0 0 rg BT 97.67 549.75 Td (unethical ) Tj ET Q q 0 0 0 rg BT 142.85 549.75 Td (business ) Tj ET Q q 0 0 0 rg BT 187.46 549.75 Td (practices ) Tj ET Q q 0 0 0 rg BT 232.62 549.75 Td (could ) Tj ET Q q 0 0 0 rg BT 261.67 549.75 Td (result ) Tj ET Q q 0 0 0 rg BT 291.27 549.75 Td (in ) Tj ET Q q 0 0 0 rg BT 304.20 549.75 Td (supply ) Tj ET Q q 0 0 0 rg BT 338.25 549.75 Td (chain ) Tj ET Q q 0 0 0 rg BT 367.30 549.75 Td (disruptions, ) Tj ET Q q 0 0 0 rg BT 423.58 549.75 Td (canceled ) Tj ET Q q 0 0 0 rg BT 468.76 549.75 Td (orders, ) Tj ET Q q 0 0 0 rg BT 505.02 549.75 Td (harm ) Tj ET Q q 0 0 0 rg BT 532.95 549.75 Td (to ) Tj ET Q q 0 0 0 rg BT 546.44 549.75 Td (key ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 537.75 Td (relationships, ) Tj ET Q q 0 0 0 rg BT 111.77 537.75 Td (and ) Tj ET Q q 0 0 0 rg BT 131.29 537.75 Td (damage ) Tj ET Q q 0 0 0 rg BT 170.28 537.75 Td (to ) Tj ET Q q 0 0 0 rg BT 181.46 537.75 Td (our ) Tj ET Q q 0 0 0 rg BT 198.76 537.75 Td (reputation. ) Tj ET Q q 0 0 0 rg BT 248.68 537.75 Td (Their ) Tj ET Q q 0 0 0 rg BT 274.30 537.75 Td (failure ) Tj ET Q q 0 0 0 rg BT 304.38 537.75 Td (to ) Tj ET Q q 0 0 0 rg BT 315.57 537.75 Td (procure ) Tj ET Q q 0 0 0 rg BT 352.32 537.75 Td (necessary ) Tj ET Q q 0 0 0 rg BT 400.74 537.75 Td (license ) Tj ET Q q 0 0 0 rg BT 434.71 537.75 Td (rights ) Tj ET Q q 0 0 0 rg BT 462.01 537.75 Td (to ) Tj ET Q q 0 0 0 rg BT 473.20 537.75 Td (intellectual ) Tj ET Q q 0 0 0 rg BT 523.29 537.75 Td (property) Tj ET Q q 0 0 0 rg BT 559.23 537.75 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 525.75 Td (could ) Tj ET Q q 0 0 0 rg BT 76.68 525.75 Td (af) Tj ET Q q 0 0 0 rg BT 84.84 525.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 103.74 525.75 Td (our ) Tj ET Q q 0 0 0 rg BT 120.97 525.75 Td (ability ) Tj ET Q q 0 0 0 rg BT 149.32 525.75 Td (to ) Tj ET Q q 0 0 0 rg BT 160.43 525.75 Td (sell ) Tj ET Q q 0 0 0 rg BT 178.22 525.75 Td (our ) Tj ET Q q 0 0 0 rg BT 195.45 525.75 Td (products ) Tj ET Q q 0 0 0 rg BT 236.58 525.75 Td (or ) Tj ET Q q 0 0 0 rg BT 248.25 525.75 Td (services ) Tj ET Q q 0 0 0 rg BT 287.71 525.75 Td (and ) Tj ET Q q 0 0 0 rg BT 307.17 525.75 Td (expose ) Tj ET Q q 0 0 0 rg BT 342.19 525.75 Td (us ) Tj ET Q q 0 0 0 rg BT 355.53 525.75 Td (to ) Tj ET Q q 0 0 0 rg BT 366.65 525.75 Td (litigation ) Tj ET Q q 0 0 0 rg BT 406.12 525.75 Td (or ) Tj ET Q q 0 0 0 rg BT 417.79 525.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 457.26 525.75 Td (claims.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 73.00 507.75 Td (Interruption, ) Tj ET Q q 0 0 0 rg BT 135.42 507.75 Td (interference ) Tj ET Q q 0 0 0 rg BT 196.21 507.75 Td (with, ) Tj ET Q q 0 0 0 rg BT 222.52 507.75 Td (or ) Tj ET Q q 0 0 0 rg BT 236.06 507.75 Td (failure ) Tj ET Q q 0 0 0 rg BT 269.61 507.75 Td (of ) Tj ET Q q 0 0 0 rg BT 282.59 507.75 Td (our ) Tj ET Q q 0 0 0 rg BT 302.24 507.75 Td (information ) Tj ET Q q 0 0 0 rg BT 360.78 507.75 Td (technology ) Tj ET Q q 0 0 0 rg BT 417.65 507.75 Td (and ) Tj ET Q q 0 0 0 rg BT 438.97 507.75 Td (communications ) Tj ET Q q 0 0 0 rg BT 521.97 507.75 Td (systems ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 495.75 Td (could ) Tj ET Q q 0 0 0 rg BT 80.66 495.75 Td (hurt ) Tj ET Q q 0 0 0 rg BT 104.09 495.75 Td (our ) Tj ET Q q 0 0 0 rg BT 124.19 495.75 Td (ability ) Tj ET Q q 0 0 0 rg BT 157.08 495.75 Td (to ) Tj ET Q q 0 0 0 rg BT 170.51 495.75 Td (ef) Tj ET Q q 0 0 0 rg BT 179.22 495.75 Td (fectively ) Tj ET Q q 0 0 0 rg BT 223.24 495.75 Td (provide ) Tj ET Q q 0 0 0 rg BT 263.35 495.75 Td (our ) Tj ET Q q 0 0 0 rg BT 283.45 495.75 Td (products ) Tj ET Q q 0 0 0 rg BT 330.22 495.75 Td (and ) Tj ET Q q 0 0 0 rg BT 351.99 495.75 Td (services, ) Tj ET Q q 0 0 0 rg BT 398.80 495.75 Td (which ) Tj ET Q q 0 0 0 rg BT 431.13 495.75 Td (could ) Tj ET Q q 0 0 0 rg BT 461.79 495.75 Td (harm ) Tj ET Q q 0 0 0 rg BT 490.23 495.75 Td (our ) Tj ET Q q 0 0 0 rg BT 510.33 495.75 Td (reputation, ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 483.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 92.73 483.75 Td (condition, ) Tj ET Q q 0 0 0 rg BT 142.67 483.75 Td (and ) Tj ET Q q 0 0 0 rg BT 162.61 483.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 210.33 483.75 Td (results. ) Tj ET Q q 0 0 0 rg BT 248.07 483.75 Td (In ) Tj ET Q q 0 0 0 rg BT 259.12 483.75 Td (addition, ) Tj ET Q q 0 0 0 rg BT 302.94 483.75 Td (complications ) Tj ET Q q 0 0 0 rg BT 372.34 483.75 Td (with ) Tj ET Q q 0 0 0 rg BT 394.50 483.75 Td (the ) Tj ET Q q 0 0 0 rg BT 411.67 483.75 Td (design ) Tj ET Q q 0 0 0 rg BT 446.06 483.75 Td (or ) Tj ET Q q 0 0 0 rg BT 458.23 483.75 Td (implementation ) Tj ET Q q 0 0 0 rg BT 534.29 483.75 Td (of ) Tj ET Q q 0 0 0 rg BT 545.89 483.75 Td (our ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 471.75 Td (new ) Tj ET Q q 0 0 0 rg BT 72.23 471.75 Td (global ) Tj ET Q q 0 0 0 rg BT 104.45 471.75 Td (enterprise ) Tj ET Q q 0 0 0 rg BT 155.58 471.75 Td (resource ) Tj ET Q q 0 0 0 rg BT 200.61 471.75 Td (planning ) Tj ET Q q 0 0 0 rg BT 245.04 471.75 Td (\(ERP\) ) Tj ET Q q 0 0 0 rg BT 275.04 471.75 Td (system ) Tj ET Q q 0 0 0 rg BT 312.29 471.75 Td (could ) Tj ET Q q 0 0 0 rg BT 341.73 471.75 Td (harm ) Tj ET Q q 0 0 0 rg BT 368.96 471.75 Td (our ) Tj ET Q q 0 0 0 rg BT 387.85 471.75 Td (business ) Tj ET Q q 0 0 0 rg BT 433.98 471.75 Td (and ) Tj ET Q q 0 0 0 rg BT 454.54 471.75 Td (operations. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 453.75 Td (The ) Tj ET Q q 0 0 0 rg BT 92.96 453.75 Td (availability ) Tj ET Q q 0 0 0 rg BT 141.83 453.75 Td (of ) Tj ET Q q 0 0 0 rg BT 152.90 453.75 Td (our ) Tj ET Q q 0 0 0 rg BT 170.09 453.75 Td (products ) Tj ET Q q 0 0 0 rg BT 211.18 453.75 Td (and ) Tj ET Q q 0 0 0 rg BT 230.60 453.75 Td (services ) Tj ET Q q 0 0 0 rg BT 270.00 453.75 Td (and ) Tj ET Q q 0 0 0 rg BT 289.42 453.75 Td (fulfillment ) Tj ET Q q 0 0 0 rg BT 334.39 453.75 Td (of ) Tj ET Q q 0 0 0 rg BT 345.47 453.75 Td (our ) Tj ET Q q 0 0 0 rg BT 362.65 453.75 Td (customer ) Tj ET Q q 0 0 0 rg BT 406.51 453.75 Td (contracts ) Tj ET Q q 0 0 0 rg BT 449.81 453.75 Td (depend ) Tj ET Q q 0 0 0 rg BT 485.92 453.75 Td (on ) Tj ET Q q 0 0 0 rg BT 499.77 453.75 Td (the ) Tj ET Q q 0 0 0 rg BT 516.41 453.75 Td (continuing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 441.75 Td (operation ) Tj ET Q q 0 0 0 rg BT 96.32 441.75 Td (of ) Tj ET Q q 0 0 0 rg BT 109.28 441.75 Td (our ) Tj ET Q q 0 0 0 rg BT 128.36 441.75 Td (information ) Tj ET Q q 0 0 0 rg BT 182.45 441.75 Td (technology ) Tj ET Q q 0 0 0 rg BT 235.44 441.75 Td (and ) Tj ET Q q 0 0 0 rg BT 256.75 441.75 Td (communications ) Tj ET Q q 0 0 0 rg BT 333.62 441.75 Td (systems. ) Tj ET Q q 0 0 0 rg BT 377.69 441.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 398.99 441.75 Td (systems ) Tj ET Q q 0 0 0 rg BT 440.28 441.75 Td (are ) Tj ET Q q 0 0 0 rg BT 459.35 441.75 Td (vulnerable ) Tj ET Q q 0 0 0 rg BT 510.12 441.75 Td (to ) Tj ET Q q 0 0 0 rg BT 523.08 441.75 Td (damage, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 429.75 Td (interference, ) Tj ET Q q 0 0 0 rg BT 108.59 429.75 Td (or ) Tj ET Q q 0 0 0 rg BT 120.49 429.75 Td (interruption ) Tj ET Q q 0 0 0 rg BT 173.52 429.75 Td (from ) Tj ET Q q 0 0 0 rg BT 196.53 429.75 Td (terrorist ) Tj ET Q q 0 0 0 rg BT 233.42 429.75 Td (attacks, ) Tj ET Q q 0 0 0 rg BT 270.89 429.75 Td (natural ) Tj ET Q q 0 0 0 rg BT 304.47 429.75 Td (disasters, ) Tj ET Q q 0 0 0 rg BT 350.26 429.75 Td (the ) Tj ET Q q 0 0 0 rg BT 367.17 429.75 Td (ef) Tj ET Q q 0 0 0 rg BT 375.33 429.75 Td (fects ) Tj ET Q q 0 0 0 rg BT 399.45 429.75 Td (of ) Tj ET Q q 0 0 0 rg BT 410.80 429.75 Td (climate ) Tj ET Q q 0 0 0 rg BT 445.48 429.75 Td (change ) Tj ET Q q 0 0 0 rg BT 481.29 429.75 Td (\(such ) Tj ET Q q 0 0 0 rg BT 508.75 429.75 Td (as ) Tj ET Q q 0 0 0 rg BT 522.31 429.75 Td (sea ) Tj ET Q q 0 0 0 rg BT 541.44 429.75 Td (level ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 417.75 Td (rise, ) Tj ET Q q 0 0 0 rg BT 72.33 417.75 Td (drought, ) Tj ET Q q 0 0 0 rg BT 112.46 417.75 Td (flooding, ) Tj ET Q q 0 0 0 rg BT 153.70 417.75 Td (wildfires, ) Tj ET Q q 0 0 0 rg BT 196.03 417.75 Td (and ) Tj ET Q q 0 0 0 rg BT 216.15 417.75 Td (increased ) Tj ET Q q 0 0 0 rg BT 262.95 417.75 Td (storm ) Tj ET Q q 0 0 0 rg BT 291.39 417.75 Td (severity\), ) Tj ET Q q 0 0 0 rg BT 335.38 417.75 Td (power ) Tj ET Q q 0 0 0 rg BT 366.06 417.75 Td (loss, ) Tj ET Q q 0 0 0 rg BT 390.05 417.75 Td (telecommunications ) Tj ET Q q 0 0 0 rg BT 481.86 417.75 Td (failures, ) Tj ET Q q 0 0 0 rg BT 520.31 417.75 Td (computer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 405.75 Td (viruses, ) Tj ET Q q 0 0 0 rg BT 88.13 405.75 Td (ransomware ) Tj ET Q q 0 0 0 rg BT 146.82 405.75 Td (attacks, ) Tj ET Q q 0 0 0 rg BT 184.96 405.75 Td (computer ) Tj ET Q q 0 0 0 rg BT 230.31 405.75 Td (denial ) Tj ET Q q 0 0 0 rg BT 260.68 405.75 Td (of ) Tj ET Q q 0 0 0 rg BT 272.69 405.75 Td (service ) Tj ET Q q 0 0 0 rg BT 308.04 405.75 Td (attacks, ) Tj ET Q q 0 0 0 rg BT 346.18 405.75 Td (phishing ) Tj ET Q q 0 0 0 rg BT 387.10 405.75 Td (schemes, ) Tj ET Q q 0 0 0 rg BT 433.57 405.75 Td (or ) Tj ET Q q 0 0 0 rg BT 446.14 405.75 Td (other ) Tj ET Q q 0 0 0 rg BT 472.60 405.75 Td (attempts ) Tj ET Q q 0 0 0 rg BT 514.63 405.75 Td (to ) Tj ET Q q 0 0 0 rg BT 526.64 405.75 Td (harm ) Tj ET Q q 0 0 0 rg BT 553.10 405.75 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 393.75 Td (access ) Tj ET Q q 0 0 0 rg BT 84.55 393.75 Td (our ) Tj ET Q q 0 0 0 rg BT 102.42 393.75 Td (systems. ) Tj ET Q q 0 0 0 rg BT 145.29 393.75 Td (Some ) Tj ET Q q 0 0 0 rg BT 174.84 393.75 Td (of ) Tj ET Q q 0 0 0 rg BT 186.60 393.75 Td (our ) Tj ET Q q 0 0 0 rg BT 204.48 393.75 Td (data ) Tj ET Q q 0 0 0 rg BT 227.36 393.75 Td (centers ) Tj ET Q q 0 0 0 rg BT 263.58 393.75 Td (are ) Tj ET Q q 0 0 0 rg BT 281.46 393.75 Td (located ) Tj ET Q q 0 0 0 rg BT 317.12 393.75 Td (in ) Tj ET Q q 0 0 0 rg BT 328.33 393.75 Td (areas ) Tj ET Q q 0 0 0 rg BT 356.77 393.75 Td (with ) Tj ET Q q 0 0 0 rg BT 377.97 393.75 Td (a ) Tj ET Q q 0 0 0 rg BT 386.96 393.75 Td (high ) Tj ET Q q 0 0 0 rg BT 409.29 393.75 Td (risk ) Tj ET Q q 0 0 0 rg BT 428.26 393.75 Td (of ) Tj ET Q q 0 0 0 rg BT 440.02 393.75 Td (major ) Tj ET Q q 0 0 0 rg BT 468.45 393.75 Td (earthquakes ) Tj ET Q q 0 0 0 rg BT 526.91 393.75 Td (or ) Tj ET Q q 0 0 0 rg BT 539.23 393.75 Td (other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 381.75 Td (natural ) Tj ET Q q 0 0 0 rg BT 83.23 381.75 Td (disasters. ) Tj ET Q q 0 0 0 rg BT 128.67 381.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 147.99 381.75 Td (data ) Tj ET Q q 0 0 0 rg BT 170.11 381.75 Td (centers ) Tj ET Q q 0 0 0 rg BT 205.55 381.75 Td (are ) Tj ET Q q 0 0 0 rg BT 222.65 381.75 Td (also ) Tj ET Q q 0 0 0 rg BT 243.65 381.75 Td (subject ) Tj ET Q q 0 0 0 rg BT 277.98 381.75 Td (to ) Tj ET Q q 0 0 0 rg BT 288.98 381.75 Td (break-ins, ) Tj ET Q q 0 0 0 rg BT 335.53 381.75 Td (sabotage, ) Tj ET Q q 0 0 0 rg BT 382.11 381.75 Td (and ) Tj ET Q q 0 0 0 rg BT 401.44 381.75 Td (intentional ) Tj ET Q q 0 0 0 rg BT 449.69 381.75 Td (acts ) Tj ET Q q 0 0 0 rg BT 470.68 381.75 Td (of ) Tj ET Q q 0 0 0 rg BT 481.67 381.75 Td (vandalism, ) Tj ET Q q 0 0 0 rg BT 532.12 381.75 Td (and, ) Tj ET Q q 0 0 0 rg BT 554.23 381.75 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 369.75 Td (some ) Tj ET Q q 0 0 0 rg BT 77.24 369.75 Td (cases, ) Tj ET Q q 0 0 0 rg BT 108.92 369.75 Td (to ) Tj ET Q q 0 0 0 rg BT 120.05 369.75 Td (potential ) Tj ET Q q 0 0 0 rg BT 160.64 369.75 Td (disruptions ) Tj ET Q q 0 0 0 rg BT 211.79 369.75 Td (resulting ) Tj ET Q q 0 0 0 rg BT 252.37 369.75 Td (from ) Tj ET Q q 0 0 0 rg BT 275.16 369.75 Td (problems ) Tj ET Q q 0 0 0 rg BT 319.07 369.75 Td (experienced ) Tj ET Q q 0 0 0 rg BT 376.34 369.75 Td (by ) Tj ET Q q 0 0 0 rg BT 389.68 369.75 Td (facility ) Tj ET Q q 0 0 0 rg BT 420.25 369.75 Td (operators. ) Tj ET Q q 0 0 0 rg BT 468.06 369.75 Td (Some ) Tj ET Q q 0 0 0 rg BT 496.97 369.75 Td (of ) Tj ET Q q 0 0 0 rg BT 508.09 369.75 Td (our ) Tj ET Q q 0 0 0 rg BT 525.33 369.75 Td (systems ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 357.75 Td (are ) Tj ET Q q 0 0 0 rg BT 67.23 357.75 Td (not ) Tj ET Q q 0 0 0 rg BT 83.91 357.75 Td (fully ) Tj ET Q q 0 0 0 rg BT 104.47 357.75 Td (redundant, ) Tj ET Q q 0 0 0 rg BT 155.07 357.75 Td (and ) Tj ET Q q 0 0 0 rg BT 174.53 357.75 Td (disaster ) Tj ET Q q 0 0 0 rg BT 212.32 357.75 Td (recovery ) Tj ET Q q 0 0 0 rg BT 253.45 357.75 Td (planning ) Tj ET Q q 0 0 0 rg BT 294.04 357.75 Td (cannot ) Tj ET Q q 0 0 0 rg BT 326.84 357.75 Td (account ) Tj ET Q q 0 0 0 rg BT 364.64 357.75 Td (for ) Tj ET Q q 0 0 0 rg BT 379.09 357.75 Td (all ) Tj ET Q q 0 0 0 rg BT 391.88 357.75 Td (eventualities.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 339.75 Td (The ) Tj ET Q q 0 0 0 rg BT 93.60 339.75 Td (occurrence ) Tj ET Q q 0 0 0 rg BT 146.44 339.75 Td (of ) Tj ET Q q 0 0 0 rg BT 158.15 339.75 Td (a ) Tj ET Q q 0 0 0 rg BT 167.08 339.75 Td (natural ) Tj ET Q q 0 0 0 rg BT 201.02 339.75 Td (disaster) Tj ET Q q 0 0 0 rg BT 235.49 339.75 Td (, ) Tj ET Q q 0 0 0 rg BT 241.64 339.75 Td (closure ) Tj ET Q q 0 0 0 rg BT 277.24 339.75 Td (of ) Tj ET Q q 0 0 0 rg BT 288.95 339.75 Td (a ) Tj ET Q q 0 0 0 rg BT 297.88 339.75 Td (facility) Tj ET Q q 0 0 0 rg BT 324.92 339.75 Td (, ) Tj ET Q q 0 0 0 rg BT 331.07 339.75 Td (or ) Tj ET Q q 0 0 0 rg BT 343.33 339.75 Td (other ) Tj ET Q q 0 0 0 rg BT 369.50 339.75 Td (unanticipated ) Tj ET Q q 0 0 0 rg BT 432.36 339.75 Td (problems ) Tj ET Q q 0 0 0 rg BT 476.85 339.75 Td (at ) Tj ET Q q 0 0 0 rg BT 488.56 339.75 Td (our ) Tj ET Q q 0 0 0 rg BT 506.39 339.75 Td (data ) Tj ET Q q 0 0 0 rg BT 529.22 339.75 Td (centers ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 327.75 Td (could ) Tj ET Q q 0 0 0 rg BT 77.60 327.75 Td (result ) Tj ET Q q 0 0 0 rg BT 105.75 327.75 Td (in ) Tj ET Q q 0 0 0 rg BT 117.23 327.75 Td (lengthy ) Tj ET Q q 0 0 0 rg BT 153.18 327.75 Td (interruptions ) Tj ET Q q 0 0 0 rg BT 211.90 327.75 Td (in ) Tj ET Q q 0 0 0 rg BT 223.38 327.75 Td (our ) Tj ET Q q 0 0 0 rg BT 241.53 327.75 Td (service. ) Tj ET Q q 0 0 0 rg BT 279.68 327.75 Td (In ) Tj ET Q q 0 0 0 rg BT 291.72 327.75 Td (addition, ) Tj ET Q q 0 0 0 rg BT 333.22 327.75 Td (our ) Tj ET Q q 0 0 0 rg BT 351.37 327.75 Td (products ) Tj ET Q q 0 0 0 rg BT 393.42 327.75 Td (and ) Tj ET Q q 0 0 0 rg BT 413.81 327.75 Td (services ) Tj ET Q q 0 0 0 rg BT 454.18 327.75 Td (are ) Tj ET Q q 0 0 0 rg BT 472.33 327.75 Td (highly ) Tj ET Q q 0 0 0 rg BT 502.15 327.75 Td (technical ) Tj ET Q q 0 0 0 rg BT 545.32 327.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 315.75 Td (complex ) Tj ET Q q 0 0 0 rg BT 90.54 315.75 Td (and ) Tj ET Q q 0 0 0 rg BT 110.54 315.75 Td (may ) Tj ET Q q 0 0 0 rg BT 132.74 315.75 Td (contain ) Tj ET Q q 0 0 0 rg BT 168.29 315.75 Td (errors ) Tj ET Q q 0 0 0 rg BT 197.71 315.75 Td (or ) Tj ET Q q 0 0 0 rg BT 209.92 315.75 Td (vulnerabilities, ) Tj ET Q q 0 0 0 rg BT 276.59 315.75 Td (which ) Tj ET Q q 0 0 0 rg BT 305.46 315.75 Td (could ) Tj ET Q q 0 0 0 rg BT 332.68 315.75 Td (result ) Tj ET Q q 0 0 0 rg BT 360.44 315.75 Td (in ) Tj ET Q q 0 0 0 rg BT 371.53 315.75 Td (interruptions ) Tj ET Q q 0 0 0 rg BT 429.87 315.75 Td (in ) Tj ET Q q 0 0 0 rg BT 440.96 315.75 Td (or ) Tj ET Q q 0 0 0 rg BT 453.16 315.75 Td (failure ) Tj ET Q q 0 0 0 rg BT 483.71 315.75 Td (of ) Tj ET Q q 0 0 0 rg BT 495.35 315.75 Td (our ) Tj ET Q q 0 0 0 rg BT 513.12 315.75 Td (services ) Tj ET Q q 0 0 0 rg BT 553.10 315.75 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 303.75 Td (systems.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 285.75 Td (In ) Tj ET Q q 0 0 0 rg BT 83.89 285.75 Td (addition, ) Tj ET Q q 0 0 0 rg BT 124.24 285.75 Td (we ) Tj ET Q q 0 0 0 rg BT 139.57 285.75 Td (rely ) Tj ET Q q 0 0 0 rg BT 158.23 285.75 Td (extensively ) Tj ET Q q 0 0 0 rg BT 210.24 285.75 Td (on ) Tj ET Q q 0 0 0 rg BT 223.91 285.75 Td (information ) Tj ET Q q 0 0 0 rg BT 275.93 285.75 Td (systems ) Tj ET Q q 0 0 0 rg BT 315.14 285.75 Td (and ) Tj ET Q q 0 0 0 rg BT 334.37 285.75 Td (technology ) Tj ET Q q 0 0 0 rg BT 385.29 285.75 Td (to ) Tj ET Q q 0 0 0 rg BT 396.18 285.75 Td (manage ) Tj ET Q q 0 0 0 rg BT 434.86 285.75 Td (our ) Tj ET Q q 0 0 0 rg BT 451.86 285.75 Td (business ) Tj ET Q q 0 0 0 rg BT 493.87 285.75 Td (and ) Tj ET Q q 0 0 0 rg BT 513.10 285.75 Td (summarize ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 273.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 93.95 273.75 Td (results. ) Tj ET Q q 0 0 0 rg BT 128.43 273.75 Td (W) Tj ET Q q 0 0 0 rg BT 137.68 273.75 Td (e ) Tj ET Q q 0 0 0 rg BT 145.49 273.75 Td (are ) Tj ET Q q 0 0 0 rg BT 162.20 273.75 Td (in ) Tj ET Q q 0 0 0 rg BT 172.23 273.75 Td (the ) Tj ET Q q 0 0 0 rg BT 188.38 273.75 Td (process ) Tj ET Q q 0 0 0 rg BT 225.64 273.75 Td (of ) Tj ET Q q 0 0 0 rg BT 236.23 273.75 Td (a ) Tj ET Q q 0 0 0 rg BT 244.04 273.75 Td (multi-year ) Tj ET Q q 0 0 0 rg BT 290.18 273.75 Td (implementation ) Tj ET Q q 0 0 0 rg BT 360.24 273.75 Td (of ) Tj ET Q q 0 0 0 rg BT 370.83 273.75 Td (a ) Tj ET Q q 0 0 0 rg BT 378.64 273.75 Td (new ) Tj ET Q q 0 0 0 rg BT 399.23 273.75 Td (ERP) Tj ET Q q 0 0 0 rg BT 419.61 273.75 Td ( ) Tj ET Q q 0 0 0 rg BT 421.86 273.75 Td (system, ) Tj ET Q q 0 0 0 rg BT 458.56 273.75 Td (which ) Tj ET Q q 0 0 0 rg BT 486.37 273.75 Td (will ) Tj ET Q q 0 0 0 rg BT 502.51 273.75 Td (replace ) Tj ET Q q 0 0 0 rg BT 537.55 273.75 Td (much ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 261.75 Td (of ) Tj ET Q q 0 0 0 rg BT 62.33 261.75 Td (our ) Tj ET Q q 0 0 0 rg BT 80.78 261.75 Td (existing ) Tj ET Q q 0 0 0 rg BT 118.68 261.75 Td (core ) Tj ET Q q 0 0 0 rg BT 142.13 261.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 182.81 261.75 Td (systems. ) Tj ET Q q 0 0 0 rg BT 225.99 261.75 Td (The ) Tj ET Q q 0 0 0 rg BT 247.22 261.75 Td (ERP) Tj ET Q q 0 0 0 rg BT 267.60 261.75 Td ( ) Tj ET Q q 0 0 0 rg BT 271.59 261.75 Td (system ) Tj ET Q q 0 0 0 rg BT 307.26 261.75 Td (is ) Tj ET Q q 0 0 0 rg BT 318.47 261.75 Td (designed ) Tj ET Q q 0 0 0 rg BT 363.06 261.75 Td (to ) Tj ET Q q 0 0 0 rg BT 375.39 261.75 Td (accurately ) Tj ET Q q 0 0 0 rg BT 424.96 261.75 Td (maintain ) Tj ET Q q 0 0 0 rg BT 466.75 261.75 Td (our ) Tj ET Q q 0 0 0 rg BT 485.20 261.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 525.88 261.75 Td (records, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 249.75 Td (enhance ) Tj ET Q q 0 0 0 rg BT 89.85 249.75 Td (the ) Tj ET Q q 0 0 0 rg BT 105.24 249.75 Td (flow ) Tj ET Q q 0 0 0 rg BT 124.51 249.75 Td (of ) Tj ET Q q 0 0 0 rg BT 134.33 249.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 172.51 249.75 Td (information, ) Tj ET Q q 0 0 0 rg BT 226.24 249.75 Td (improve ) Tj ET Q q 0 0 0 rg BT 263.29 249.75 Td (data ) Tj ET Q q 0 0 0 rg BT 284.24 249.75 Td (management, ) Tj ET Q q 0 0 0 rg BT 346.87 249.75 Td (and ) Tj ET Q q 0 0 0 rg BT 365.04 249.75 Td (provide ) Tj ET Q q 0 0 0 rg BT 399.33 249.75 Td (timely ) Tj ET Q q 0 0 0 rg BT 426.93 249.75 Td (information ) Tj ET Q q 0 0 0 rg BT 477.88 249.75 Td (to ) Tj ET Q q 0 0 0 rg BT 487.70 249.75 Td (our ) Tj ET Q q 0 0 0 rg BT 503.64 249.75 Td (management ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 237.75 Td (team. ) Tj ET Q q 0 0 0 rg BT 77.85 237.75 Td (W) Tj ET Q q 0 0 0 rg BT 87.11 237.75 Td (e ) Tj ET Q q 0 0 0 rg BT 95.51 237.75 Td (may ) Tj ET Q q 0 0 0 rg BT 117.25 237.75 Td (not ) Tj ET Q q 0 0 0 rg BT 133.99 237.75 Td (be ) Tj ET Q q 0 0 0 rg BT 147.96 237.75 Td (able ) Tj ET Q q 0 0 0 rg BT 169.71 237.75 Td (to ) Tj ET Q q 0 0 0 rg BT 180.89 237.75 Td (successfully ) Tj ET Q q 0 0 0 rg BT 237.64 237.75 Td (implement ) Tj ET Q q 0 0 0 rg BT 286.61 237.75 Td (the ) Tj ET Q q 0 0 0 rg BT 303.35 237.75 Td (ERP) Tj ET Q q 0 0 0 rg BT 323.73 237.75 Td ( ) Tj ET Q q 0 0 0 rg BT 326.57 237.75 Td (system ) Tj ET Q q 0 0 0 rg BT 361.08 237.75 Td (without ) Tj ET Q q 0 0 0 rg BT 395.61 237.75 Td (experiencing ) Tj ET Q q 0 0 0 rg BT 455.16 237.75 Td (delays, ) Tj ET Q q 0 0 0 rg BT 489.69 237.75 Td (increased ) Tj ET Q q 0 0 0 rg BT 535.89 237.75 Td (costs, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 225.75 Td (and ) Tj ET Q q 0 0 0 rg BT 69.59 225.75 Td (other ) Tj ET Q q 0 0 0 rg BT 95.28 225.75 Td (dif) Tj ET Q q 0 0 0 rg BT 105.66 225.75 Td (ficulties. ) Tj ET Q q 0 0 0 rg BT 144.69 225.75 Td (Failure ) Tj ET Q q 0 0 0 rg BT 178.16 225.75 Td (to ) Tj ET Q q 0 0 0 rg BT 189.40 225.75 Td (successfully ) Tj ET Q q 0 0 0 rg BT 246.21 225.75 Td (design ) Tj ET Q q 0 0 0 rg BT 278.57 225.75 Td (and ) Tj ET Q q 0 0 0 rg BT 298.16 225.75 Td (implement ) Tj ET Q q 0 0 0 rg BT 347.19 225.75 Td (the ) Tj ET Q q 0 0 0 rg BT 363.99 225.75 Td (new ) Tj ET Q q 0 0 0 rg BT 385.24 225.75 Td (ERP) Tj ET Q q 0 0 0 rg BT 405.62 225.75 Td ( ) Tj ET Q q 0 0 0 rg BT 408.52 225.75 Td (system ) Tj ET Q q 0 0 0 rg BT 443.10 225.75 Td (as ) Tj ET Q q 0 0 0 rg BT 456.56 225.75 Td (planned ) Tj ET Q q 0 0 0 rg BT 495.05 225.75 Td (could ) Tj ET Q q 0 0 0 rg BT 521.86 225.75 Td (harm ) Tj ET Q q 0 0 0 rg BT 547.54 225.75 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 213.75 Td (business, ) Tj ET Q q 0 0 0 rg BT 95.44 213.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 135.33 213.75 Td (condition, ) Tj ET Q q 0 0 0 rg BT 181.33 213.75 Td (and ) Tj ET Q q 0 0 0 rg BT 201.21 213.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 246.11 213.75 Td (results. ) Tj ET Q q 0 0 0 rg BT 280.90 213.75 Td (Additionally) Tj ET Q q 0 0 0 rg BT 331.30 213.75 Td (, ) Tj ET Q q 0 0 0 rg BT 337.28 213.75 Td (if ) Tj ET Q q 0 0 0 rg BT 345.47 213.75 Td (we ) Tj ET Q q 0 0 0 rg BT 361.45 213.75 Td (do ) Tj ET Q q 0 0 0 rg BT 375.77 213.75 Td (not ) Tj ET Q q 0 0 0 rg BT 392.87 213.75 Td (ef) Tj ET Q q 0 0 0 rg BT 401.03 213.75 Td (fectively ) Tj ET Q q 0 0 0 rg BT 440.35 213.75 Td (implement ) Tj ET Q q 0 0 0 rg BT 489.67 213.75 Td (the ) Tj ET Q q 0 0 0 rg BT 506.77 213.75 Td (ERP) Tj ET Q q 0 0 0 rg BT 527.15 213.75 Td ( ) Tj ET Q q 0 0 0 rg BT 530.35 213.75 Td (system ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 201.75 Td (as ) Tj ET Q q 0 0 0 rg BT 63.67 201.75 Td (planned ) Tj ET Q q 0 0 0 rg BT 102.37 201.75 Td (or ) Tj ET Q q 0 0 0 rg BT 114.37 201.75 Td (the ) Tj ET Q q 0 0 0 rg BT 131.38 201.75 Td (ERP) Tj ET Q q 0 0 0 rg BT 151.76 201.75 Td ( ) Tj ET Q q 0 0 0 rg BT 154.87 201.75 Td (system ) Tj ET Q q 0 0 0 rg BT 189.65 201.75 Td (does ) Tj ET Q q 0 0 0 rg BT 214.45 201.75 Td (not ) Tj ET Q q 0 0 0 rg BT 231.46 201.75 Td (operate ) Tj ET Q q 0 0 0 rg BT 268.48 201.75 Td (as ) Tj ET Q q 0 0 0 rg BT 282.15 201.75 Td (intended, ) Tj ET Q q 0 0 0 rg BT 326.41 201.75 Td (the ) Tj ET Q q 0 0 0 rg BT 343.42 201.75 Td (ef) Tj ET Q q 0 0 0 rg BT 351.58 201.75 Td (fectiveness ) Tj ET Q q 0 0 0 rg BT 404.71 201.75 Td (of ) Tj ET Q q 0 0 0 rg BT 416.16 201.75 Td (our ) Tj ET Q q 0 0 0 rg BT 433.73 201.75 Td (internal ) Tj ET Q q 0 0 0 rg BT 469.63 201.75 Td (control ) Tj ET Q q 0 0 0 rg BT 502.76 201.75 Td (over ) Tj ET Q q 0 0 0 rg BT 525.32 201.75 Td (financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 189.75 Td (reporting ) Tj ET Q q 0 0 0 rg BT 92.25 189.75 Td (could ) Tj ET Q q 0 0 0 rg BT 118.93 189.75 Td (be ) Tj ET Q q 0 0 0 rg BT 132.83 189.75 Td (negatively ) Tj ET Q q 0 0 0 rg BT 180.64 189.75 Td (af) Tj ET Q q 0 0 0 rg BT 188.80 189.75 Td (fected.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 73.00 171.75 Td (Our international operations expose us to additional risks that could harm our business, our financial ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 159.75 Td (condition, and operating results.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 141.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 93.09 141.75 Td (international ) Tj ET Q q 0 0 0 rg BT 151.00 141.75 Td (operations ) Tj ET Q q 0 0 0 rg BT 201.12 141.75 Td (are ) Tj ET Q q 0 0 0 rg BT 218.99 141.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 266.88 141.75 Td (to ) Tj ET Q q 0 0 0 rg BT 278.64 141.75 Td (our ) Tj ET Q q 0 0 0 rg BT 296.52 141.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 341.07 141.75 Td (and ) Tj ET Q q 0 0 0 rg BT 361.18 141.75 Td (net ) Tj ET Q q 0 0 0 rg BT 378.50 141.75 Td (income, ) Tj ET Q q 0 0 0 rg BT 416.94 141.75 Td (and ) Tj ET Q q 0 0 0 rg BT 437.04 141.75 Td (we ) Tj ET Q q 0 0 0 rg BT 453.25 141.75 Td (plan ) Tj ET Q q 0 0 0 rg BT 475.58 141.75 Td (to ) Tj ET Q q 0 0 0 rg BT 487.34 141.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 528.57 141.75 Td (to ) Tj ET Q q 0 0 0 rg BT 540.33 141.75 Td (grow ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 129.75 Td (internationally) Tj ET Q q 0 0 0 rg BT 110.96 129.75 Td (. ) Tj ET Q q 0 0 0 rg BT 117.65 129.75 Td (International ) Tj ET Q q 0 0 0 rg BT 176.59 129.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 221.63 129.75 Td (accounted ) Tj ET Q q 0 0 0 rg BT 271.69 129.75 Td (for ) Tj ET Q q 0 0 0 rg BT 287.26 129.75 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.42 129.75 Td (54%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.43 129.75 Td ( ) Tj ET Q q 0 0 0 rg BT 377.34 129.75 Td (of ) Tj ET Q q 0 0 0 rg BT 389.59 129.75 Td (our ) Tj ET Q q 0 0 0 rg BT 407.94 129.75 Td (consolidated ) Tj ET Q q 0 0 0 rg BT 468.00 129.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 513.05 129.75 Td (in ) Tj ET Q q 0 0 0 rg BT 524.74 129.75 Td (2019. ) Tj ET Q q 0 0 0 rg BT 553.67 129.75 Td (In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 117.75 Td (addition ) Tj ET Q q 0 0 0 rg BT 88.09 117.75 Td (to ) Tj ET Q q 0 0 0 rg BT 99.49 117.75 Td (risks ) Tj ET Q q 0 0 0 rg BT 123.10 117.75 Td (described ) Tj ET Q q 0 0 0 rg BT 169.52 117.75 Td (elsewhere ) Tj ET Q q 0 0 0 rg BT 218.16 117.75 Td (in ) Tj ET Q q 0 0 0 rg BT 229.01 117.75 Td (this ) Tj ET Q q 0 0 0 rg BT 247.63 117.75 Td (section, ) Tj ET Q q 0 0 0 rg BT 285.15 117.75 Td (our ) Tj ET Q q 0 0 0 rg BT 302.67 117.75 Td (international ) Tj ET Q q 0 0 0 rg BT 360.21 117.75 Td (operations ) Tj ET Q q 0 0 0 rg BT 409.97 117.75 Td (expose ) Tj ET Q q 0 0 0 rg BT 445.28 117.75 Td (us ) Tj ET Q q 0 0 0 rg BT 458.90 117.75 Td (to ) Tj ET Q q 0 0 0 rg BT 470.30 117.75 Td (other ) Tj ET Q q 0 0 0 rg BT 496.15 117.75 Td (risks, ) Tj ET Q q 0 0 0 rg BT 522.54 117.75 Td (including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 105.75 Td (the ) Tj ET Q q 0 0 0 rg BT 66.68 105.75 Td (following:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 87.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 87.75 Td (Restrictions ) Tj ET Q q 0 0 0 rg BT 140.17 87.75 Td (on ) Tj ET Q q 0 0 0 rg BT 153.23 87.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 185.75 87.75 Td (ownership ) Tj ET Q q 0 0 0 rg BT 233.26 87.75 Td (and ) Tj ET Q q 0 0 0 rg BT 251.89 87.75 Td (investments, ) Tj ET Q q 0 0 0 rg BT 309.96 87.75 Td (and ) Tj ET Q q 0 0 0 rg BT 328.58 87.75 Td (stringent ) Tj ET Q q 0 0 0 rg BT 368.87 87.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 401.38 87.75 Td (exchange ) Tj ET Q q 0 0 0 rg BT 446.69 87.75 Td (controls ) Tj ET Q q 0 0 0 rg BT 483.64 87.75 Td (that ) Tj ET Q q 0 0 0 rg BT 502.26 87.75 Td (might ) Tj ET Q q 0 0 0 rg BT 528.65 87.75 Td (prevent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 75.75 Td (us ) Tj ET Q q 0 0 0 rg BT 99.34 75.75 Td (from ) Tj ET Q q 0 0 0 rg BT 122.12 75.75 Td (repatriating ) Tj ET Q q 0 0 0 rg BT 174.93 75.75 Td (cash ) Tj ET Q q 0 0 0 rg BT 198.83 75.75 Td (earned ) Tj ET Q q 0 0 0 rg BT 232.74 75.75 Td (in ) Tj ET Q q 0 0 0 rg BT 243.30 75.75 Td (countries ) Tj ET Q q 0 0 0 rg BT 286.66 75.75 Td (outside ) Tj ET Q q 0 0 0 rg BT 321.68 75.75 Td (the ) Tj ET Q q 0 0 0 rg BT 338.36 75.75 Td (U.S.) Tj ET Q endstream endobj 29 0 obj <>] /Rotate 0 /Contents 30 0 R>> endobj 30 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 53 767.11455078125 m 123.04443359375 767.11455078125 l s q 0 0 1 rg BT 53.00 768.40 Td (T) Tj ET Q q 0 0 1 rg BT 57.50 768.40 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.396078431372549 0.396078431372549 0.396078431372549 rg BT 500.45 768.40 Td (Alphabet Inc.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.40 31.25 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 741.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 741.75 Td (Import ) Tj ET Q q 0 0 0 rg BT 118.22 741.75 Td (and ) Tj ET Q q 0 0 0 rg BT 138.78 741.75 Td (export ) Tj ET Q q 0 0 0 rg BT 170.45 741.75 Td (requirements, ) Tj ET Q q 0 0 0 rg BT 235.47 741.75 Td (tarif) Tj ET Q q 0 0 0 rg BT 251.96 741.75 Td (fs, ) Tj ET Q q 0 0 0 rg BT 266.39 741.75 Td (trade ) Tj ET Q q 0 0 0 rg BT 293.06 741.75 Td (disputes ) Tj ET Q q 0 0 0 rg BT 334.19 741.75 Td (and ) Tj ET Q q 0 0 0 rg BT 354.75 741.75 Td (barriers, ) Tj ET Q q 0 0 0 rg BT 395.31 741.75 Td (and ) Tj ET Q q 0 0 0 rg BT 415.87 741.75 Td (customs ) Tj ET Q q 0 0 0 rg BT 456.98 741.75 Td (classifications ) Tj ET Q q 0 0 0 rg BT 522.55 741.75 Td (that ) Tj ET Q q 0 0 0 rg BT 543.10 741.75 Td (may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 729.75 Td (prevent ) Tj ET Q q 0 0 0 rg BT 122.16 729.75 Td (us ) Tj ET Q q 0 0 0 rg BT 135.52 729.75 Td (from ) Tj ET Q q 0 0 0 rg BT 158.32 729.75 Td (of) Tj ET Q q 0 0 0 rg BT 166.48 729.75 Td (fering ) Tj ET Q q 0 0 0 rg BT 194.29 729.75 Td (products ) Tj ET Q q 0 0 0 rg BT 235.45 729.75 Td (or ) Tj ET Q q 0 0 0 rg BT 247.14 729.75 Td (providing ) Tj ET Q q 0 0 0 rg BT 290.53 729.75 Td (services ) Tj ET Q q 0 0 0 rg BT 330.00 729.75 Td (to ) Tj ET Q q 0 0 0 rg BT 341.14 729.75 Td (a ) Tj ET Q q 0 0 0 rg BT 349.51 729.75 Td (particular ) Tj ET Q q 0 0 0 rg BT 393.44 729.75 Td (market, ) Tj ET Q q 0 0 0 rg BT 429.58 729.75 Td (or ) Tj ET Q q 0 0 0 rg BT 441.27 729.75 Td (that ) Tj ET Q q 0 0 0 rg BT 460.75 729.75 Td (could ) Tj ET Q q 0 0 0 rg BT 487.46 729.75 Td (limit ) Tj ET Q q 0 0 0 rg BT 508.03 729.75 Td (our ) Tj ET Q q 0 0 0 rg BT 525.29 729.75 Td (ability ) Tj ET Q q 0 0 0 rg BT 553.65 729.75 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 717.75 Td (source ) Tj ET Q q 0 0 0 rg BT 118.79 717.75 Td (assemblies ) Tj ET Q q 0 0 0 rg BT 171.59 717.75 Td (and ) Tj ET Q q 0 0 0 rg BT 191.05 717.75 Td (finished ) Tj ET Q q 0 0 0 rg BT 228.30 717.75 Td (products ) Tj ET Q q 0 0 0 rg BT 269.43 717.75 Td (from ) Tj ET Q q 0 0 0 rg BT 292.21 717.75 Td (a ) Tj ET Q q 0 0 0 rg BT 300.55 717.75 Td (particular ) Tj ET Q q 0 0 0 rg BT 344.46 717.75 Td (market, ) Tj ET Q q 0 0 0 rg BT 380.58 717.75 Td (and ) Tj ET Q q 0 0 0 rg BT 400.04 717.75 Td (may ) Tj ET Q q 0 0 0 rg BT 421.71 717.75 Td (increase ) Tj ET Q q 0 0 0 rg BT 462.28 717.75 Td (our ) Tj ET Q q 0 0 0 rg BT 479.52 717.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 523.99 717.75 Td (costs.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 699.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 699.75 Td (Longer ) Tj ET Q q 0 0 0 rg BT 119.92 699.75 Td (payment ) Tj ET Q q 0 0 0 rg BT 161.05 699.75 Td (cycles ) Tj ET Q q 0 0 0 rg BT 191.61 699.75 Td (in ) Tj ET Q q 0 0 0 rg BT 202.17 699.75 Td (some ) Tj ET Q q 0 0 0 rg BT 229.40 699.75 Td (countries, ) Tj ET Q q 0 0 0 rg BT 275.54 699.75 Td (increased ) Tj ET Q q 0 0 0 rg BT 321.67 699.75 Td (credit ) Tj ET Q q 0 0 0 rg BT 348.91 699.75 Td (risk, ) Tj ET Q q 0 0 0 rg BT 370.01 699.75 Td (and ) Tj ET Q q 0 0 0 rg BT 389.48 699.75 Td (higher ) Tj ET Q q 0 0 0 rg BT 420.05 699.75 Td (levels ) Tj ET Q q 0 0 0 rg BT 448.40 699.75 Td (of ) Tj ET Q q 0 0 0 rg BT 459.52 699.75 Td (payment ) Tj ET Q q 0 0 0 rg BT 500.65 699.75 Td (fraud.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 681.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 681.75 Td (Evolving ) Tj ET Q q 0 0 0 rg BT 127.22 681.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 161.21 681.75 Td (events, ) Tj ET Q q 0 0 0 rg BT 196.87 681.75 Td (including ) Tj ET Q q 0 0 0 rg BT 239.76 681.75 Td (Brexit, ) Tj ET Q q 0 0 0 rg BT 271.52 681.75 Td (the ) Tj ET Q q 0 0 0 rg BT 288.83 681.75 Td (United ) Tj ET Q q 0 0 0 rg BT 321.16 681.75 Td (Kingdom's ) Tj ET Q q 0 0 0 rg BT 370.95 681.75 Td (withdrawal ) Tj ET Q q 0 0 0 rg BT 421.61 681.75 Td (from ) Tj ET Q q 0 0 0 rg BT 445.03 681.75 Td (the ) Tj ET Q q 0 0 0 rg BT 462.35 681.75 Td (European ) Tj ET Q q 0 0 0 rg BT 509.13 681.75 Td (Union ) Tj ET Q q 0 0 0 rg BT 538.68 681.75 Td (\(EU\). ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 669.75 Td (Brexit ) Tj ET Q q 0 0 0 rg BT 113.08 669.75 Td (may ) Tj ET Q q 0 0 0 rg BT 133.49 669.75 Td (adversely ) Tj ET Q q 0 0 0 rg BT 177.80 669.75 Td (af) Tj ET Q q 0 0 0 rg BT 185.96 669.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 203.59 669.75 Td (our ) Tj ET Q q 0 0 0 rg BT 219.56 669.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 262.22 669.75 Td (and ) Tj ET Q q 0 0 0 rg BT 280.42 669.75 Td (could ) Tj ET Q q 0 0 0 rg BT 305.84 669.75 Td (subject ) Tj ET Q q 0 0 0 rg BT 339.04 669.75 Td (us ) Tj ET Q q 0 0 0 rg BT 351.12 669.75 Td (to ) Tj ET Q q 0 0 0 rg BT 360.98 669.75 Td (new ) Tj ET Q q 0 0 0 rg BT 380.84 669.75 Td (regulatory ) Tj ET Q q 0 0 0 rg BT 426.82 669.75 Td (costs ) Tj ET Q q 0 0 0 rg BT 451.68 669.75 Td (and ) Tj ET Q q 0 0 0 rg BT 469.88 669.75 Td (challenges ) Tj ET Q q 0 0 0 rg BT 519.21 669.75 Td (\(including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 657.75 Td (the ) Tj ET Q q 0 0 0 rg BT 102.99 657.75 Td (transfer ) Tj ET Q q 0 0 0 rg BT 139.99 657.75 Td (of ) Tj ET Q q 0 0 0 rg BT 151.42 657.75 Td (personal ) Tj ET Q q 0 0 0 rg BT 192.88 657.75 Td (data ) Tj ET Q q 0 0 0 rg BT 215.43 657.75 Td (between ) Tj ET Q q 0 0 0 rg BT 256.33 657.75 Td (the ) Tj ET Q q 0 0 0 rg BT 273.33 657.75 Td (EU ) Tj ET Q q 0 0 0 rg BT 290.31 657.75 Td (and ) Tj ET Q q 0 0 0 rg BT 310.09 657.75 Td (the ) Tj ET Q q 0 0 0 rg BT 327.08 657.75 Td (United ) Tj ET Q q 0 0 0 rg BT 359.08 657.75 Td (Kingdom\), ) Tj ET Q q 0 0 0 rg BT 407.75 657.75 Td (in ) Tj ET Q q 0 0 0 rg BT 418.63 657.75 Td (addition ) Tj ET Q q 0 0 0 rg BT 456.75 657.75 Td (to ) Tj ET Q q 0 0 0 rg BT 468.19 657.75 Td (other ) Tj ET Q q 0 0 0 rg BT 494.07 657.75 Td (adverse ) Tj ET Q q 0 0 0 rg BT 532.74 657.75 Td (ef) Tj ET Q q 0 0 0 rg BT 540.90 657.75 Td (fects ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 645.75 Td (that ) Tj ET Q q 0 0 0 rg BT 105.46 645.75 Td (we ) Tj ET Q q 0 0 0 rg BT 121.02 645.75 Td (are ) Tj ET Q q 0 0 0 rg BT 138.25 645.75 Td (unable ) Tj ET Q q 0 0 0 rg BT 171.06 645.75 Td (to ) Tj ET Q q 0 0 0 rg BT 182.18 645.75 Td (ef) Tj ET Q q 0 0 0 rg BT 190.34 645.75 Td (fectively ) Tj ET Q q 0 0 0 rg BT 229.24 645.75 Td (anticipate.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 627.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 627.75 Td (Anti-corruption ) Tj ET Q q 0 0 0 rg BT 153.82 627.75 Td (laws, ) Tj ET Q q 0 0 0 rg BT 179.40 627.75 Td (such ) Tj ET Q q 0 0 0 rg BT 203.32 627.75 Td (as ) Tj ET Q q 0 0 0 rg BT 216.67 627.75 Td (the ) Tj ET Q q 0 0 0 rg BT 233.37 627.75 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 255.61 627.75 Td (Foreign ) Tj ET Q q 0 0 0 rg BT 292.31 627.75 Td (Corrupt ) Tj ET Q q 0 0 0 rg BT 328.45 627.75 Td (Practices ) Tj ET Q q 0 0 0 rg BT 371.81 627.75 Td (Act, ) Tj ET Q q 0 0 0 rg BT 391.83 627.75 Td (and ) Tj ET Q q 0 0 0 rg BT 411.30 627.75 Td (other ) Tj ET Q q 0 0 0 rg BT 436.89 627.75 Td (local ) Tj ET Q q 0 0 0 rg BT 460.25 627.75 Td (laws ) Tj ET Q q 0 0 0 rg BT 483.05 627.75 Td (prohibiting ) Tj ET Q q 0 0 0 rg BT 531.99 627.75 Td (certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 615.75 Td (payments ) Tj ET Q q 0 0 0 rg BT 132.13 615.75 Td (to ) Tj ET Q q 0 0 0 rg BT 143.25 615.75 Td (government ) Tj ET Q q 0 0 0 rg BT 198.84 615.75 Td (of) Tj ET Q q 0 0 0 rg BT 207.00 615.75 Td (ficials, ) Tj ET Q q 0 0 0 rg BT 237.56 615.75 Td (violations ) Tj ET Q q 0 0 0 rg BT 282.03 615.75 Td (of ) Tj ET Q q 0 0 0 rg BT 293.14 615.75 Td (which ) Tj ET Q q 0 0 0 rg BT 321.49 615.75 Td (could ) Tj ET Q q 0 0 0 rg BT 348.17 615.75 Td (result ) Tj ET Q q 0 0 0 rg BT 375.40 615.75 Td (in ) Tj ET Q q 0 0 0 rg BT 385.97 615.75 Td (civil ) Tj ET Q q 0 0 0 rg BT 405.41 615.75 Td (and ) Tj ET Q q 0 0 0 rg BT 424.87 615.75 Td (criminal ) Tj ET Q q 0 0 0 rg BT 462.10 615.75 Td (penalties. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 597.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 597.75 Td (Uncertainty ) Tj ET Q q 0 0 0 rg BT 139.09 597.75 Td (regarding ) Tj ET Q q 0 0 0 rg BT 183.85 597.75 Td (liability ) Tj ET Q q 0 0 0 rg BT 216.38 597.75 Td (for ) Tj ET Q q 0 0 0 rg BT 230.56 597.75 Td (services ) Tj ET Q q 0 0 0 rg BT 269.75 597.75 Td (and ) Tj ET Q q 0 0 0 rg BT 288.95 597.75 Td (content, ) Tj ET Q q 0 0 0 rg BT 327.04 597.75 Td (including ) Tj ET Q q 0 0 0 rg BT 369.03 597.75 Td (uncertainty ) Tj ET Q q 0 0 0 rg BT 420.46 597.75 Td (as ) Tj ET Q q 0 0 0 rg BT 433.53 597.75 Td (a ) Tj ET Q q 0 0 0 rg BT 441.61 597.75 Td (result ) Tj ET Q q 0 0 0 rg BT 468.58 597.75 Td (of ) Tj ET Q q 0 0 0 rg BT 479.43 597.75 Td (local ) Tj ET Q q 0 0 0 rg BT 502.51 597.75 Td (laws ) Tj ET Q q 0 0 0 rg BT 525.03 597.75 Td (and ) Tj ET Q q 0 0 0 rg BT 544.23 597.75 Td (lack ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 585.75 Td (of ) Tj ET Q q 0 0 0 rg BT 97.12 585.75 Td (legal ) Tj ET Q q 0 0 0 rg BT 121.02 585.75 Td (precedent.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 567.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 567.75 Td (Dif) Tj ET Q q 0 0 0 rg BT 98.04 567.75 Td (ferent ) Tj ET Q q 0 0 0 rg BT 125.36 567.75 Td (employee/employer ) Tj ET Q q 0 0 0 rg BT 214.36 567.75 Td (relationships, ) Tj ET Q q 0 0 0 rg BT 275.03 567.75 Td (existence ) Tj ET Q q 0 0 0 rg BT 319.02 567.75 Td (of ) Tj ET Q q 0 0 0 rg BT 329.10 567.75 Td (works ) Tj ET Q q 0 0 0 rg BT 356.96 567.75 Td (councils ) Tj ET Q q 0 0 0 rg BT 394.83 567.75 Td (and ) Tj ET Q q 0 0 0 rg BT 413.26 567.75 Td (labor ) Tj ET Q q 0 0 0 rg BT 437.24 567.75 Td (unions, ) Tj ET Q q 0 0 0 rg BT 471.22 567.75 Td (and ) Tj ET Q q 0 0 0 rg BT 489.65 567.75 Td (other ) Tj ET Q q 0 0 0 rg BT 514.19 567.75 Td (challenges ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 555.75 Td (caused ) Tj ET Q q 0 0 0 rg BT 120.31 555.75 Td (by ) Tj ET Q q 0 0 0 rg BT 132.93 555.75 Td (distance, ) Tj ET Q q 0 0 0 rg BT 175.01 555.75 Td (language, ) Tj ET Q q 0 0 0 rg BT 221.00 555.75 Td (and ) Tj ET Q q 0 0 0 rg BT 239.75 555.75 Td (cultural ) Tj ET Q q 0 0 0 rg BT 274.05 555.75 Td (dif) Tj ET Q q 0 0 0 rg BT 284.43 555.75 Td (ferences, ) Tj ET Q q 0 0 0 rg BT 327.62 555.75 Td (making ) Tj ET Q q 0 0 0 rg BT 361.92 555.75 Td (it ) Tj ET Q q 0 0 0 rg BT 368.98 555.75 Td (harder ) Tj ET Q q 0 0 0 rg BT 399.95 555.75 Td (to ) Tj ET Q q 0 0 0 rg BT 410.35 555.75 Td (do ) Tj ET Q q 0 0 0 rg BT 423.53 555.75 Td (business ) Tj ET Q q 0 0 0 rg BT 465.06 555.75 Td (in ) Tj ET Q q 0 0 0 rg BT 474.90 555.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 506.98 555.75 Td (jurisdictions.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 537.75 Td (Because ) Tj ET Q q 0 0 0 rg BT 114.13 537.75 Td (we ) Tj ET Q q 0 0 0 rg BT 129.13 537.75 Td (conduct ) Tj ET Q q 0 0 0 rg BT 166.37 537.75 Td (business ) Tj ET Q q 0 0 0 rg BT 208.05 537.75 Td (in ) Tj ET Q q 0 0 0 rg BT 218.05 537.75 Td (currencies ) Tj ET Q q 0 0 0 rg BT 266.39 537.75 Td (other ) Tj ET Q q 0 0 0 rg BT 291.40 537.75 Td (than ) Tj ET Q q 0 0 0 rg BT 313.08 537.75 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 334.74 537.75 Td (dollars ) Tj ET Q q 0 0 0 rg BT 366.42 537.75 Td (but ) Tj ET Q q 0 0 0 rg BT 382.53 537.75 Td (report ) Tj ET Q q 0 0 0 rg BT 410.87 537.75 Td (our ) Tj ET Q q 0 0 0 rg BT 427.54 537.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 466.45 537.75 Td (results ) Tj ET Q q 0 0 0 rg BT 498.11 537.75 Td (in ) Tj ET Q q 0 0 0 rg BT 508.11 537.75 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 529.78 537.75 Td (dollars, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 525.75 Td (we ) Tj ET Q q 0 0 0 rg BT 65.26 525.75 Td (face ) Tj ET Q q 0 0 0 rg BT 86.65 525.75 Td (exposure ) Tj ET Q q 0 0 0 rg BT 130.27 525.75 Td (to ) Tj ET Q q 0 0 0 rg BT 141.09 525.75 Td (fluctuations ) Tj ET Q q 0 0 0 rg BT 194.16 525.75 Td (in ) Tj ET Q q 0 0 0 rg BT 204.42 525.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 237.48 525.75 Td (currency ) Tj ET Q q 0 0 0 rg BT 278.30 525.75 Td (exchange ) Tj ET Q q 0 0 0 rg BT 324.15 525.75 Td (rates. ) Tj ET Q q 0 0 0 rg BT 351.15 525.75 Td (Although ) Tj ET Q q 0 0 0 rg BT 393.11 525.75 Td (we ) Tj ET Q q 0 0 0 rg BT 408.38 525.75 Td (hedge ) Tj ET Q q 0 0 0 rg BT 438.67 525.75 Td (a ) Tj ET Q q 0 0 0 rg BT 446.71 525.75 Td (portion ) Tj ET Q q 0 0 0 rg BT 479.77 525.75 Td (of ) Tj ET Q q 0 0 0 rg BT 490.59 525.75 Td (our ) Tj ET Q q 0 0 0 rg BT 507.52 525.75 Td (international ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 513.75 Td (currency ) Tj ET Q q 0 0 0 rg BT 92.16 513.75 Td (exposure, ) Tj ET Q q 0 0 0 rg BT 139.89 513.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 188.17 513.75 Td (fluctuations ) Tj ET Q q 0 0 0 rg BT 242.57 513.75 Td (in ) Tj ET Q q 0 0 0 rg BT 254.17 513.75 Td (exchange ) Tj ET Q q 0 0 0 rg BT 301.36 513.75 Td (rates ) Tj ET Q q 0 0 0 rg BT 327.40 513.75 Td (between ) Tj ET Q q 0 0 0 rg BT 369.03 513.75 Td (the ) Tj ET Q q 0 0 0 rg BT 386.74 513.75 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 410.00 513.75 Td (dollar ) Tj ET Q q 0 0 0 rg BT 438.28 513.75 Td (and ) Tj ET Q q 0 0 0 rg BT 458.78 513.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 493.17 513.75 Td (currencies ) Tj ET Q q 0 0 0 rg BT 543.11 513.75 Td (may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 501.75 Td (adversely ) Tj ET Q q 0 0 0 rg BT 96.77 501.75 Td (af) Tj ET Q q 0 0 0 rg BT 104.93 501.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 125.02 501.75 Td (our ) Tj ET Q q 0 0 0 rg BT 143.45 501.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 188.56 501.75 Td (and ) Tj ET Q q 0 0 0 rg BT 209.22 501.75 Td (earnings. ) Tj ET Q q 0 0 0 rg BT 254.33 501.75 Td (Hedging ) Tj ET Q q 0 0 0 rg BT 295.55 501.75 Td (programs ) Tj ET Q q 0 0 0 rg BT 341.76 501.75 Td (are ) Tj ET Q q 0 0 0 rg BT 360.19 501.75 Td (also ) Tj ET Q q 0 0 0 rg BT 382.51 501.75 Td (inherently ) Tj ET Q q 0 0 0 rg BT 429.84 501.75 Td (risky ) Tj ET Q q 0 0 0 rg BT 454.37 501.75 Td (and ) Tj ET Q q 0 0 0 rg BT 475.03 501.75 Td (could ) Tj ET Q q 0 0 0 rg BT 502.91 501.75 Td (expose ) Tj ET Q q 0 0 0 rg BT 539.13 501.75 Td (us ) Tj ET Q q 0 0 0 rg BT 553.66 501.75 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 489.75 Td (additional ) Tj ET Q q 0 0 0 rg BT 95.59 489.75 Td (risks ) Tj ET Q q 0 0 0 rg BT 118.92 489.75 Td (that ) Tj ET Q q 0 0 0 rg BT 138.38 489.75 Td (could ) Tj ET Q q 0 0 0 rg BT 165.06 489.75 Td (harm ) Tj ET Q q 0 0 0 rg BT 190.63 489.75 Td (our ) Tj ET Q q 0 0 0 rg BT 207.86 489.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 247.32 489.75 Td (condition ) Tj ET Q q 0 0 0 rg BT 290.13 489.75 Td (and ) Tj ET Q q 0 0 0 rg BT 309.59 489.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 354.07 489.75 Td (results.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 73.00 471.75 Td (Risks ) Tj ET Q q 0 0 0 rg BT 102.46 471.75 Td (Related ) Tj ET Q q 0 0 0 rg BT 141.36 471.75 Td (to ) Tj ET Q q 0 0 0 rg BT 153.58 471.75 Td (our ) Tj ET Q q 0 0 0 rg BT 172.47 471.75 Td (Industry) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 73.00 453.75 Td (People ) Tj ET Q q 0 0 0 rg BT 108.95 453.75 Td (access ) Tj ET Q q 0 0 0 rg BT 145.48 453.75 Td (the ) Tj ET Q q 0 0 0 rg BT 163.64 453.75 Td (Internet ) Tj ET Q q 0 0 0 rg BT 203.47 453.75 Td (through ) Tj ET Q q 0 0 0 rg BT 244.39 453.75 Td (a ) Tj ET Q q 0 0 0 rg BT 253.12 453.75 Td (variety ) Tj ET Q q 0 0 0 rg BT 288.52 453.75 Td (of ) Tj ET Q q 0 0 0 rg BT 301.12 453.75 Td (platforms ) Tj ET Q q 0 0 0 rg BT 349.84 453.75 Td (and ) Tj ET Q q 0 0 0 rg BT 370.78 453.75 Td (devices ) Tj ET Q q 0 0 0 rg BT 410.64 453.75 Td (that ) Tj ET Q q 0 0 0 rg BT 432.13 453.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 476.95 453.75 Td (to ) Tj ET Q q 0 0 0 rg BT 489.55 453.75 Td (evolve ) Tj ET Q q 0 0 0 rg BT 523.85 453.75 Td (with ) Tj ET Q q 0 0 0 rg BT 547.00 453.75 Td (the ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 441.75 Td (advancement ) Tj ET Q q 0 0 0 rg BT 116.79 441.75 Td (of ) Tj ET Q q 0 0 0 rg BT 129.10 441.75 Td (technology ) Tj ET Q q 0 0 0 rg BT 185.31 441.75 Td (and ) Tj ET Q q 0 0 0 rg BT 205.96 441.75 Td (user ) Tj ET Q q 0 0 0 rg BT 229.96 441.75 Td (preferences. ) Tj ET Q q 0 0 0 rg BT 292.31 441.75 Td (If ) Tj ET Q q 0 0 0 rg BT 301.29 441.75 Td (manufacturers ) Tj ET Q q 0 0 0 rg BT 373.63 441.75 Td (and ) Tj ET Q q 0 0 0 rg BT 394.28 441.75 Td (users ) Tj ET Q q 0 0 0 rg BT 423.84 441.75 Td (do ) Tj ET Q q 0 0 0 rg BT 438.93 441.75 Td (not ) Tj ET Q q 0 0 0 rg BT 457.35 441.75 Td (widely ) Tj ET Q q 0 0 0 rg BT 490.79 441.75 Td (adopt ) Tj ET Q q 0 0 0 rg BT 520.88 441.75 Td (versions ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 429.75 Td (of ) Tj ET Q q 0 0 0 rg BT 62.22 429.75 Td (our ) Tj ET Q q 0 0 0 rg BT 81.10 429.75 Td (products ) Tj ET Q q 0 0 0 rg BT 126.66 429.75 Td (and ) Tj ET Q q 0 0 0 rg BT 147.22 429.75 Td (services ) Tj ET Q q 0 0 0 rg BT 190.03 429.75 Td (developed ) Tj ET Q q 0 0 0 rg BT 242.27 429.75 Td (for ) Tj ET Q q 0 0 0 rg BT 258.38 429.75 Td (these ) Tj ET Q q 0 0 0 rg BT 287.28 429.75 Td (new ) Tj ET Q q 0 0 0 rg BT 309.51 429.75 Td (interfaces, ) Tj ET Q q 0 0 0 rg BT 362.31 429.75 Td (our ) Tj ET Q q 0 0 0 rg BT 381.20 429.75 Td (business ) Tj ET Q q 0 0 0 rg BT 427.32 429.75 Td (could ) Tj ET Q q 0 0 0 rg BT 456.77 429.75 Td (be ) Tj ET Q q 0 0 0 rg BT 471.22 429.75 Td (harmed. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 411.75 Td (People ) Tj ET Q q 0 0 0 rg BT 107.57 411.75 Td (access ) Tj ET Q q 0 0 0 rg BT 142.13 411.75 Td (the ) Tj ET Q q 0 0 0 rg BT 159.47 411.75 Td (Internet ) Tj ET Q q 0 0 0 rg BT 196.81 411.75 Td (through ) Tj ET Q q 0 0 0 rg BT 234.16 411.75 Td (a ) Tj ET Q q 0 0 0 rg BT 243.16 411.75 Td (growing ) Tj ET Q q 0 0 0 rg BT 281.62 411.75 Td (variety ) Tj ET Q q 0 0 0 rg BT 314.50 411.75 Td (of ) Tj ET Q q 0 0 0 rg BT 326.28 411.75 Td (devices ) Tj ET Q q 0 0 0 rg BT 363.62 411.75 Td (such ) Tj ET Q q 0 0 0 rg BT 388.18 411.75 Td (as ) Tj ET Q q 0 0 0 rg BT 402.17 411.75 Td (desktop ) Tj ET Q q 0 0 0 rg BT 440.63 411.75 Td (computers, ) Tj ET Q q 0 0 0 rg BT 493.53 411.75 Td (mobile ) Tj ET Q q 0 0 0 rg BT 526.43 411.75 Td (phones, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 399.75 Td (smartphones, ) Tj ET Q q 0 0 0 rg BT 114.88 399.75 Td (laptops ) Tj ET Q q 0 0 0 rg BT 151.43 399.75 Td (and ) Tj ET Q q 0 0 0 rg BT 172.41 399.75 Td (tablets, ) Tj ET Q q 0 0 0 rg BT 208.95 399.75 Td (video ) Tj ET Q q 0 0 0 rg BT 237.15 399.75 Td (game ) Tj ET Q q 0 0 0 rg BT 266.47 399.75 Td (consoles, ) Tj ET Q q 0 0 0 rg BT 313.01 399.75 Td (voice-activated ) Tj ET Q q 0 0 0 rg BT 384.01 399.75 Td (speakers, ) Tj ET Q q 0 0 0 rg BT 431.66 399.75 Td (wearables, ) Tj ET Q q 0 0 0 rg BT 484.32 399.75 Td (automobiles, ) Tj ET Q q 0 0 0 rg BT 545.31 399.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 387.75 Td (television-streaming ) Tj ET Q q 0 0 0 rg BT 144.21 387.75 Td (devices. ) Tj ET Q q 0 0 0 rg BT 186.18 387.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 208.14 387.75 Td (products ) Tj ET Q q 0 0 0 rg BT 251.78 387.75 Td (and ) Tj ET Q q 0 0 0 rg BT 273.75 387.75 Td (services ) Tj ET Q q 0 0 0 rg BT 315.71 387.75 Td (may ) Tj ET Q q 0 0 0 rg BT 339.88 387.75 Td (be ) Tj ET Q q 0 0 0 rg BT 356.29 387.75 Td (less ) Tj ET Q q 0 0 0 rg BT 379.36 387.75 Td (popular ) Tj ET Q q 0 0 0 rg BT 418.00 387.75 Td (on ) Tj ET Q q 0 0 0 rg BT 434.41 387.75 Td (these ) Tj ET Q q 0 0 0 rg BT 464.16 387.75 Td (new ) Tj ET Q q 0 0 0 rg BT 487.79 387.75 Td (interfaces. ) Tj ET Q q 0 0 0 rg BT 539.21 387.75 Td (Each ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 375.75 Td (manufacturer ) Tj ET Q q 0 0 0 rg BT 112.07 375.75 Td (or ) Tj ET Q q 0 0 0 rg BT 124.12 375.75 Td (distributor ) Tj ET Q q 0 0 0 rg BT 171.18 375.75 Td (may ) Tj ET Q q 0 0 0 rg BT 193.22 375.75 Td (establish ) Tj ET Q q 0 0 0 rg BT 235.84 375.75 Td (unique ) Tj ET Q q 0 0 0 rg BT 269.03 375.75 Td (technical ) Tj ET Q q 0 0 0 rg BT 311.65 375.75 Td (standards ) Tj ET Q q 0 0 0 rg BT 358.72 375.75 Td (for ) Tj ET Q q 0 0 0 rg BT 373.54 375.75 Td (its ) Tj ET Q q 0 0 0 rg BT 386.70 375.75 Td (devices, ) Tj ET Q q 0 0 0 rg BT 426.54 375.75 Td (and ) Tj ET Q q 0 0 0 rg BT 446.38 375.75 Td (our ) Tj ET Q q 0 0 0 rg BT 463.98 375.75 Td (products ) Tj ET Q q 0 0 0 rg BT 505.49 375.75 Td (and ) Tj ET Q q 0 0 0 rg BT 525.33 375.75 Td (services ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 363.75 Td (may ) Tj ET Q q 0 0 0 rg BT 71.37 363.75 Td (not ) Tj ET Q q 0 0 0 rg BT 87.74 363.75 Td (be ) Tj ET Q q 0 0 0 rg BT 101.34 363.75 Td (available ) Tj ET Q q 0 0 0 rg BT 143.29 363.75 Td (on ) Tj ET Q q 0 0 0 rg BT 156.89 363.75 Td (these ) Tj ET Q q 0 0 0 rg BT 183.83 363.75 Td (devices ) Tj ET Q q 0 0 0 rg BT 220.21 363.75 Td (as ) Tj ET Q q 0 0 0 rg BT 233.25 363.75 Td (a ) Tj ET Q q 0 0 0 rg BT 241.28 363.75 Td (result. ) Tj ET Q q 0 0 0 rg BT 270.99 363.75 Td (Some ) Tj ET Q q 0 0 0 rg BT 299.59 363.75 Td (manufacturers ) Tj ET Q q 0 0 0 rg BT 365.98 363.75 Td (may ) Tj ET Q q 0 0 0 rg BT 387.35 363.75 Td (also ) Tj ET Q q 0 0 0 rg BT 408.17 363.75 Td (elect ) Tj ET Q q 0 0 0 rg BT 431.77 363.75 Td (not ) Tj ET Q q 0 0 0 rg BT 448.14 363.75 Td (to ) Tj ET Q q 0 0 0 rg BT 458.96 363.75 Td (include ) Tj ET Q q 0 0 0 rg BT 493.13 363.75 Td (our ) Tj ET Q q 0 0 0 rg BT 510.05 363.75 Td (products ) Tj ET Q q 0 0 0 rg BT 550.88 363.75 Td (on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 351.75 Td (their ) Tj ET Q q 0 0 0 rg BT 71.76 351.75 Td (devices. ) Tj ET Q q 0 0 0 rg BT 110.75 351.75 Td (In ) Tj ET Q q 0 0 0 rg BT 121.40 351.75 Td (addition, ) Tj ET Q q 0 0 0 rg BT 161.51 351.75 Td (search ) Tj ET Q q 0 0 0 rg BT 193.83 351.75 Td (queries ) Tj ET Q q 0 0 0 rg BT 228.93 351.75 Td (are ) Tj ET Q q 0 0 0 rg BT 245.69 351.75 Td (increasingly ) Tj ET Q q 0 0 0 rg BT 300.80 351.75 Td (being ) Tj ET Q q 0 0 0 rg BT 327.58 351.75 Td (undertaken ) Tj ET Q q 0 0 0 rg BT 379.92 351.75 Td (via ) Tj ET Q q 0 0 0 rg BT 395.01 351.75 Td (voice-activated ) Tj ET Q q 0 0 0 rg BT 464.02 351.75 Td (speakers, ) Tj ET Q q 0 0 0 rg BT 509.68 351.75 Td (apps, ) Tj ET Q q 0 0 0 rg BT 536.45 351.75 Td (social ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 339.75 Td (media ) Tj ET Q q 0 0 0 rg BT 80.57 339.75 Td (or ) Tj ET Q q 0 0 0 rg BT 92.80 339.75 Td (other ) Tj ET Q q 0 0 0 rg BT 118.94 339.75 Td (platforms, ) Tj ET Q q 0 0 0 rg BT 166.18 339.75 Td (which ) Tj ET Q q 0 0 0 rg BT 195.08 339.75 Td (could ) Tj ET Q q 0 0 0 rg BT 222.33 339.75 Td (harm ) Tj ET Q q 0 0 0 rg BT 248.45 339.75 Td (our ) Tj ET Q q 0 0 0 rg BT 266.24 339.75 Td (business. ) Tj ET Q q 0 0 0 rg BT 311.82 339.75 Td (It ) Tj ET Q q 0 0 0 rg BT 320.72 339.75 Td (is ) Tj ET Q q 0 0 0 rg BT 331.28 339.75 Td (hard ) Tj ET Q q 0 0 0 rg BT 354.63 339.75 Td (to ) Tj ET Q q 0 0 0 rg BT 366.31 339.75 Td (predict ) Tj ET Q q 0 0 0 rg BT 399.66 339.75 Td (the ) Tj ET Q q 0 0 0 rg BT 416.90 339.75 Td (challenges ) Tj ET Q q 0 0 0 rg BT 468.05 339.75 Td (we ) Tj ET Q q 0 0 0 rg BT 484.17 339.75 Td (may ) Tj ET Q q 0 0 0 rg BT 506.40 339.75 Td (encounter ) Tj ET Q q 0 0 0 rg BT 554.22 339.75 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 327.75 Td (adapting ) Tj ET Q q 0 0 0 rg BT 90.88 327.75 Td (our ) Tj ET Q q 0 0 0 rg BT 107.85 327.75 Td (products ) Tj ET Q q 0 0 0 rg BT 148.72 327.75 Td (and ) Tj ET Q q 0 0 0 rg BT 167.92 327.75 Td (services ) Tj ET Q q 0 0 0 rg BT 207.10 327.75 Td (and ) Tj ET Q q 0 0 0 rg BT 226.30 327.75 Td (developing ) Tj ET Q q 0 0 0 rg BT 277.19 327.75 Td (competitive ) Tj ET Q q 0 0 0 rg BT 330.28 327.75 Td (new ) Tj ET Q q 0 0 0 rg BT 351.14 327.75 Td (products ) Tj ET Q q 0 0 0 rg BT 392.01 327.75 Td (and ) Tj ET Q q 0 0 0 rg BT 411.21 327.75 Td (services. ) Tj ET Q q 0 0 0 rg BT 453.17 327.75 Td (W) Tj ET Q q 0 0 0 rg BT 462.43 327.75 Td (e ) Tj ET Q q 0 0 0 rg BT 470.50 327.75 Td (expect ) Tj ET Q q 0 0 0 rg BT 502.48 327.75 Td (to ) Tj ET Q q 0 0 0 rg BT 513.33 327.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 553.66 327.75 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 315.75 Td (devote ) Tj ET Q q 0 0 0 rg BT 82.61 315.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 129.66 315.75 Td (resources ) Tj ET Q q 0 0 0 rg BT 176.15 315.75 Td (to ) Tj ET Q q 0 0 0 rg BT 187.08 315.75 Td (creating ) Tj ET Q q 0 0 0 rg BT 225.24 315.75 Td (and ) Tj ET Q q 0 0 0 rg BT 244.51 315.75 Td (supporting ) Tj ET Q q 0 0 0 rg BT 293.79 315.75 Td (products ) Tj ET Q q 0 0 0 rg BT 334.73 315.75 Td (and ) Tj ET Q q 0 0 0 rg BT 354.00 315.75 Td (services ) Tj ET Q q 0 0 0 rg BT 393.26 315.75 Td (across ) Tj ET Q q 0 0 0 rg BT 425.29 315.75 Td (multiple ) Tj ET Q q 0 0 0 rg BT 462.34 315.75 Td (platforms ) Tj ET Q q 0 0 0 rg BT 506.04 315.75 Td (and ) Tj ET Q q 0 0 0 rg BT 525.31 315.75 Td (devices. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 303.75 Td (Failing ) Tj ET Q q 0 0 0 rg BT 81.61 303.75 Td (to ) Tj ET Q q 0 0 0 rg BT 92.10 303.75 Td (attract ) Tj ET Q q 0 0 0 rg BT 122.04 303.75 Td (and ) Tj ET Q q 0 0 0 rg BT 140.88 303.75 Td (retain ) Tj ET Q q 0 0 0 rg BT 168.05 303.75 Td (a ) Tj ET Q q 0 0 0 rg BT 175.76 303.75 Td (substantial ) Tj ET Q q 0 0 0 rg BT 225.72 303.75 Td (number ) Tj ET Q q 0 0 0 rg BT 261.78 303.75 Td (of ) Tj ET Q q 0 0 0 rg BT 272.28 303.75 Td (new ) Tj ET Q q 0 0 0 rg BT 292.77 303.75 Td (device ) Tj ET Q q 0 0 0 rg BT 323.83 303.75 Td (manufacturers, ) Tj ET Q q 0 0 0 rg BT 392.68 303.75 Td (suppliers, ) Tj ET Q q 0 0 0 rg BT 437.63 303.75 Td (distributors, ) Tj ET Q q 0 0 0 rg BT 491.47 303.75 Td (developers, ) Tj ET Q q 0 0 0 rg BT 545.32 303.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 291.75 Td (users, ) Tj ET Q q 0 0 0 rg BT 80.29 291.75 Td (or ) Tj ET Q q 0 0 0 rg BT 92.24 291.75 Td (failing ) Tj ET Q q 0 0 0 rg BT 121.43 291.75 Td (to ) Tj ET Q q 0 0 0 rg BT 132.83 291.75 Td (develop ) Tj ET Q q 0 0 0 rg BT 170.92 291.75 Td (products ) Tj ET Q q 0 0 0 rg BT 212.33 291.75 Td (and ) Tj ET Q q 0 0 0 rg BT 232.07 291.75 Td (technologies ) Tj ET Q q 0 0 0 rg BT 291.28 291.75 Td (that ) Tj ET Q q 0 0 0 rg BT 311.02 291.75 Td (work ) Tj ET Q q 0 0 0 rg BT 335.20 291.75 Td (well ) Tj ET Q q 0 0 0 rg BT 355.48 291.75 Td (on ) Tj ET Q q 0 0 0 rg BT 369.66 291.75 Td (new ) Tj ET Q q 0 0 0 rg BT 391.07 291.75 Td (devices ) Tj ET Q q 0 0 0 rg BT 428.03 291.75 Td (and ) Tj ET Q q 0 0 0 rg BT 447.78 291.75 Td (platforms, ) Tj ET Q q 0 0 0 rg BT 494.74 291.75 Td (could ) Tj ET Q q 0 0 0 rg BT 521.70 291.75 Td (harm ) Tj ET Q q 0 0 0 rg BT 547.54 291.75 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 279.75 Td (business, ) Tj ET Q q 0 0 0 rg BT 95.02 279.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 134.49 279.75 Td (condition, ) Tj ET Q q 0 0 0 rg BT 180.08 279.75 Td (and ) Tj ET Q q 0 0 0 rg BT 199.54 279.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 244.02 279.75 Td (results ) Tj ET Q q 0 0 0 rg BT 276.25 279.75 Td (and ) Tj ET Q q 0 0 0 rg BT 295.71 279.75 Td (ability ) Tj ET Q q 0 0 0 rg BT 324.06 279.75 Td (to ) Tj ET Q q 0 0 0 rg BT 335.18 279.75 Td (capture ) Tj ET Q q 0 0 0 rg BT 371.31 279.75 Td (future ) Tj ET Q q 0 0 0 rg BT 399.66 279.75 Td (business ) Tj ET Q q 0 0 0 rg BT 441.90 279.75 Td (opportunities.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 73.00 261.75 Td (Data ) Tj ET Q q 0 0 0 rg BT 98.84 261.75 Td (privacy ) Tj ET Q q 0 0 0 rg BT 138.03 261.75 Td (and ) Tj ET Q q 0 0 0 rg BT 159.98 261.75 Td (security ) Tj ET Q q 0 0 0 rg BT 202.50 261.75 Td (concerns ) Tj ET Q q 0 0 0 rg BT 251.13 261.75 Td (relating ) Tj ET Q q 0 0 0 rg BT 291.42 261.75 Td (to ) Tj ET Q q 0 0 0 rg BT 305.02 261.75 Td (our ) Tj ET Q q 0 0 0 rg BT 325.30 261.75 Td (technology ) Tj ET Q q 0 0 0 rg BT 382.80 261.75 Td (and ) Tj ET Q q 0 0 0 rg BT 404.75 261.75 Td (our ) Tj ET Q q 0 0 0 rg BT 425.02 261.75 Td (practices ) Tj ET Q q 0 0 0 rg BT 473.11 261.75 Td (could ) Tj ET Q q 0 0 0 rg BT 503.94 261.75 Td (damage ) Tj ET Q q 0 0 0 rg BT 545.90 261.75 Td (our ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 249.75 Td (reputation, ) Tj ET Q q 0 0 0 rg BT 105.26 249.75 Td (cause ) Tj ET Q q 0 0 0 rg BT 137.21 249.75 Td (us ) Tj ET Q q 0 0 0 rg BT 152.48 249.75 Td (to ) Tj ET Q q 0 0 0 rg BT 165.51 249.75 Td (incur ) Tj ET Q q 0 0 0 rg BT 193.56 249.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 247.16 249.75 Td (liability) Tj ET Q q 0 0 0 rg BT 281.24 249.75 Td (, ) Tj ET Q q 0 0 0 rg BT 287.61 249.75 Td (and ) Tj ET Q q 0 0 0 rg BT 308.99 249.75 Td (deter ) Tj ET Q q 0 0 0 rg BT 337.04 249.75 Td (current ) Tj ET Q q 0 0 0 rg BT 375.09 249.75 Td (and ) Tj ET Q q 0 0 0 rg BT 396.46 249.75 Td (potential ) Tj ET Q q 0 0 0 rg BT 441.72 249.75 Td (users ) Tj ET Q q 0 0 0 rg BT 472.00 249.75 Td (or ) Tj ET Q q 0 0 0 rg BT 485.60 249.75 Td (customers ) Tj ET Q q 0 0 0 rg BT 539.77 249.75 Td (from ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 237.75 Td (using ) Tj ET Q q 0 0 0 rg BT 79.75 237.75 Td (our ) Tj ET Q q 0 0 0 rg BT 98.95 237.75 Td (products ) Tj ET Q q 0 0 0 rg BT 144.81 237.75 Td (and ) Tj ET Q q 0 0 0 rg BT 165.68 237.75 Td (services. ) Tj ET Q q 0 0 0 rg BT 211.58 237.75 Td (Software ) Tj ET Q q 0 0 0 rg BT 256.90 237.75 Td (bugs ) Tj ET Q q 0 0 0 rg BT 283.87 237.75 Td (or ) Tj ET Q q 0 0 0 rg BT 296.96 237.75 Td (defects, ) Tj ET Q q 0 0 0 rg BT 337.84 237.75 Td (security ) Tj ET Q q 0 0 0 rg BT 379.28 237.75 Td (breaches, ) Tj ET Q q 0 0 0 rg BT 429.06 237.75 Td (and ) Tj ET Q q 0 0 0 rg BT 449.92 237.75 Td (attacks ) Tj ET Q q 0 0 0 rg BT 487.48 237.75 Td (on ) Tj ET Q q 0 0 0 rg BT 502.78 237.75 Td (our ) Tj ET Q q 0 0 0 rg BT 521.98 237.75 Td (systems ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 225.75 Td (could ) Tj ET Q q 0 0 0 rg BT 79.38 225.75 Td (result ) Tj ET Q q 0 0 0 rg BT 109.33 225.75 Td (in ) Tj ET Q q 0 0 0 rg BT 120.93 225.75 Td (the ) Tj ET Q q 0 0 0 rg BT 138.64 225.75 Td (improper ) Tj ET Q q 0 0 0 rg BT 184.69 225.75 Td (disclosure ) Tj ET Q q 0 0 0 rg BT 237.43 225.75 Td (and ) Tj ET Q q 0 0 0 rg BT 257.92 225.75 Td (use ) Tj ET Q q 0 0 0 rg BT 277.87 225.75 Td (of ) Tj ET Q q 0 0 0 rg BT 290.02 225.75 Td (user ) Tj ET Q q 0 0 0 rg BT 313.86 225.75 Td (data ) Tj ET Q q 0 0 0 rg BT 337.13 225.75 Td (and ) Tj ET Q q 0 0 0 rg BT 357.63 225.75 Td (interference ) Tj ET Q q 0 0 0 rg BT 417.59 225.75 Td (with ) Tj ET Q q 0 0 0 rg BT 440.30 225.75 Td (our ) Tj ET Q q 0 0 0 rg BT 459.12 225.75 Td (users ) Tj ET Q q 0 0 0 rg BT 488.52 225.75 Td (and ) Tj ET Q q 0 0 0 rg BT 509.01 225.75 Td (customers? Tj ET Q q 0 0 0 rg BT 561.99 225.75 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 213.75 Td (ability ) Tj ET Q q 0 0 0 rg BT 81.67 213.75 Td (to ) Tj ET Q q 0 0 0 rg BT 93.89 213.75 Td (use ) Tj ET Q q 0 0 0 rg BT 113.90 213.75 Td (our ) Tj ET Q q 0 0 0 rg BT 132.79 213.75 Td (products ) Tj ET Q q 0 0 0 rg BT 178.34 213.75 Td (and ) Tj ET Q q 0 0 0 rg BT 198.90 213.75 Td (services, ) Tj ET Q q 0 0 0 rg BT 244.50 213.75 Td (harming ) Tj ET Q q 0 0 0 rg BT 286.72 213.75 Td (our ) Tj ET Q q 0 0 0 rg BT 305.61 213.75 Td (business ) Tj ET Q q 0 0 0 rg BT 351.74 213.75 Td (operations ) Tj ET Q q 0 0 0 rg BT 405.63 213.75 Td (and ) Tj ET Q q 0 0 0 rg BT 426.19 213.75 Td (reputation. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 195.75 Td (Concerns ) Tj ET Q q 0 0 0 rg BT 117.72 195.75 Td (about ) Tj ET Q q 0 0 0 rg BT 145.16 195.75 Td (our ) Tj ET Q q 0 0 0 rg BT 162.04 195.75 Td (practices ) Tj ET Q q 0 0 0 rg BT 204.47 195.75 Td (with ) Tj ET Q q 0 0 0 rg BT 224.68 195.75 Td (regard ) Tj ET Q q 0 0 0 rg BT 256.00 195.75 Td (to ) Tj ET Q q 0 0 0 rg BT 266.76 195.75 Td (the ) Tj ET Q q 0 0 0 rg BT 283.08 195.75 Td (collection, ) Tj ET Q q 0 0 0 rg BT 329.97 195.75 Td (use, ) Tj ET Q q 0 0 0 rg BT 351.29 195.75 Td (disclosure, ) Tj ET Q q 0 0 0 rg BT 401.51 195.75 Td (or ) Tj ET Q q 0 0 0 rg BT 412.82 195.75 Td (security ) Tj ET Q q 0 0 0 rg BT 449.70 195.75 Td (of ) Tj ET Q q 0 0 0 rg BT 460.46 195.75 Td (personal ) Tj ET Q q 0 0 0 rg BT 501.24 195.75 Td (information ) Tj ET Q q 0 0 0 rg BT 553.13 195.75 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 183.75 Td (other ) Tj ET Q q 0 0 0 rg BT 76.00 183.75 Td (data-privacy-related ) Tj ET Q q 0 0 0 rg BT 167.58 183.75 Td (matters, ) Tj ET Q q 0 0 0 rg BT 206.91 183.75 Td (even ) Tj ET Q q 0 0 0 rg BT 231.80 183.75 Td (if ) Tj ET Q q 0 0 0 rg BT 240.01 183.75 Td (unfounded, ) Tj ET Q q 0 0 0 rg BT 293.27 183.75 Td (could ) Tj ET Q q 0 0 0 rg BT 320.38 183.75 Td (harm ) Tj ET Q q 0 0 0 rg BT 346.38 183.75 Td (our ) Tj ET Q q 0 0 0 rg BT 364.04 183.75 Td (reputation, ) Tj ET Q q 0 0 0 rg BT 414.50 183.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 454.40 183.75 Td (condition, ) Tj ET Q q 0 0 0 rg BT 500.42 183.75 Td (and ) Tj ET Q q 0 0 0 rg BT 520.31 183.75 Td (operating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 171.75 Td (results. ) Tj ET Q q 0 0 0 rg BT 85.01 171.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 104.46 171.75 Td (policies ) Tj ET Q q 0 0 0 rg BT 140.59 171.75 Td (and ) Tj ET Q q 0 0 0 rg BT 160.05 171.75 Td (practices ) Tj ET Q q 0 0 0 rg BT 202.84 171.75 Td (may ) Tj ET Q q 0 0 0 rg BT 224.51 171.75 Td (change ) Tj ET Q q 0 0 0 rg BT 260.10 171.75 Td (over ) Tj ET Q q 0 0 0 rg BT 282.33 171.75 Td (time ) Tj ET Q q 0 0 0 rg BT 304.00 171.75 Td (as ) Tj ET Q q 0 0 0 rg BT 317.34 171.75 Td (expectations ) Tj ET Q q 0 0 0 rg BT 376.26 171.75 Td (regarding ) Tj ET Q q 0 0 0 rg BT 421.29 171.75 Td (privacy ) Tj ET Q q 0 0 0 rg BT 455.75 171.75 Td (and ) Tj ET Q q 0 0 0 rg BT 475.21 171.75 Td (data ) Tj ET Q q 0 0 0 rg BT 497.45 171.75 Td (change.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 153.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 91.22 153.75 Td (products ) Tj ET Q q 0 0 0 rg BT 131.12 153.75 Td (and ) Tj ET Q q 0 0 0 rg BT 149.35 153.75 Td (services ) Tj ET Q q 0 0 0 rg BT 187.57 153.75 Td (involve ) Tj ET Q q 0 0 0 rg BT 220.24 153.75 Td (the ) Tj ET Q q 0 0 0 rg BT 235.69 153.75 Td (storage ) Tj ET Q q 0 0 0 rg BT 270.59 153.75 Td (and ) Tj ET Q q 0 0 0 rg BT 288.82 153.75 Td (transmission ) Tj ET Q q 0 0 0 rg BT 346.50 153.75 Td (of ) Tj ET Q q 0 0 0 rg BT 356.38 153.75 Td (proprietary ) Tj ET Q q 0 0 0 rg BT 405.73 153.75 Td (information, ) Tj ET Q q 0 0 0 rg BT 459.52 153.75 Td (and ) Tj ET Q q 0 0 0 rg BT 477.75 153.75 Td (bugs, ) Tj ET Q q 0 0 0 rg BT 503.76 153.75 Td (theft, ) Tj ET Q q 0 0 0 rg BT 527.54 153.75 Td (misuse, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 141.75 Td (defects, ) Tj ET Q q 0 0 0 rg BT 86.75 141.75 Td (vulnerabilities ) Tj ET Q q 0 0 0 rg BT 149.06 141.75 Td (in ) Tj ET Q q 0 0 0 rg BT 158.58 141.75 Td (our ) Tj ET Q q 0 0 0 rg BT 174.76 141.75 Td (products ) Tj ET Q q 0 0 0 rg BT 214.84 141.75 Td (and ) Tj ET Q q 0 0 0 rg BT 233.26 141.75 Td (services, ) Tj ET Q q 0 0 0 rg BT 274.44 141.75 Td (and ) Tj ET Q q 0 0 0 rg BT 292.85 141.75 Td (security ) Tj ET Q q 0 0 0 rg BT 329.04 141.75 Td (breaches ) Tj ET Q q 0 0 0 rg BT 371.90 141.75 Td (expose ) Tj ET Q q 0 0 0 rg BT 405.88 141.75 Td (us ) Tj ET Q q 0 0 0 rg BT 418.17 141.75 Td (to ) Tj ET Q q 0 0 0 rg BT 428.24 141.75 Td (a ) Tj ET Q q 0 0 0 rg BT 435.53 141.75 Td (risk ) Tj ET Q q 0 0 0 rg BT 452.81 141.75 Td (of ) Tj ET Q q 0 0 0 rg BT 462.88 141.75 Td (loss ) Tj ET Q q 0 0 0 rg BT 482.39 141.75 Td (of ) Tj ET Q q 0 0 0 rg BT 492.46 141.75 Td (this ) Tj ET Q q 0 0 0 rg BT 509.75 141.75 Td (information, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 129.75 Td (improper ) Tj ET Q q 0 0 0 rg BT 92.40 129.75 Td (use ) Tj ET Q q 0 0 0 rg BT 111.47 129.75 Td (and ) Tj ET Q q 0 0 0 rg BT 131.10 129.75 Td (disclosure ) Tj ET Q q 0 0 0 rg BT 179.06 129.75 Td (of ) Tj ET Q q 0 0 0 rg BT 190.34 129.75 Td (such ) Tj ET Q q 0 0 0 rg BT 214.41 129.75 Td (information, ) Tj ET Q q 0 0 0 rg BT 269.60 129.75 Td (litigation, ) Tj ET Q q 0 0 0 rg BT 312.01 129.75 Td (and ) Tj ET Q q 0 0 0 rg BT 331.64 129.75 Td (other ) Tj ET Q q 0 0 0 rg BT 357.38 129.75 Td (potential ) Tj ET Q q 0 0 0 rg BT 398.13 129.75 Td (liability) Tj ET Q q 0 0 0 rg BT 427.40 129.75 Td (. ) Tj ET Q q 0 0 0 rg BT 433.12 129.75 Td (Systems ) Tj ET Q q 0 0 0 rg BT 474.40 129.75 Td (and ) Tj ET Q q 0 0 0 rg BT 494.03 129.75 Td (control ) Tj ET Q q 0 0 0 rg BT 526.99 129.75 Td (failures, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 117.75 Td (security ) Tj ET Q q 0 0 0 rg BT 87.45 117.75 Td (breaches, ) Tj ET Q q 0 0 0 rg BT 134.35 117.75 Td (failure ) Tj ET Q q 0 0 0 rg BT 164.58 117.75 Td (to ) Tj ET Q q 0 0 0 rg BT 175.92 117.75 Td (comply ) Tj ET Q q 0 0 0 rg BT 210.58 117.75 Td (with ) Tj ET Q q 0 0 0 rg BT 231.36 117.75 Td (our ) Tj ET Q q 0 0 0 rg BT 248.81 117.75 Td (privacy ) Tj ET Q q 0 0 0 rg BT 283.47 117.75 Td (policies, ) Tj ET Q q 0 0 0 rg BT 322.59 117.75 Td (and/or ) Tj ET Q q 0 0 0 rg BT 353.94 117.75 Td (inadvertent ) Tj ET Q q 0 0 0 rg BT 406.41 117.75 Td (disclosure ) Tj ET Q q 0 0 0 rg BT 454.42 117.75 Td (of ) Tj ET Q q 0 0 0 rg BT 465.76 117.75 Td (user ) Tj ET Q q 0 0 0 rg BT 488.20 117.75 Td (data ) Tj ET Q q 0 0 0 rg BT 510.66 117.75 Td (could ) Tj ET Q q 0 0 0 rg BT 537.56 117.75 Td (result ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 105.75 Td (in ) Tj ET Q q 0 0 0 rg BT 60.49 105.75 Td (government ) Tj ET Q q 0 0 0 rg BT 116.01 105.75 Td (and ) Tj ET Q q 0 0 0 rg BT 135.41 105.75 Td (legal ) Tj ET Q q 0 0 0 rg BT 159.25 105.75 Td (exposure, ) Tj ET Q q 0 0 0 rg BT 205.87 105.75 Td (seriously ) Tj ET Q q 0 0 0 rg BT 248.04 105.75 Td (harm ) Tj ET Q q 0 0 0 rg BT 273.53 105.75 Td (our ) Tj ET Q q 0 0 0 rg BT 290.70 105.75 Td (reputation ) Tj ET Q q 0 0 0 rg BT 337.89 105.75 Td (and ) Tj ET Q q 0 0 0 rg BT 357.28 105.75 Td (brand ) Tj ET Q q 0 0 0 rg BT 385.57 105.75 Td (and, ) Tj ET Q q 0 0 0 rg BT 407.74 105.75 Td (therefore, ) Tj ET Q q 0 0 0 rg BT 453.25 105.75 Td (our ) Tj ET Q q 0 0 0 rg BT 470.42 105.75 Td (business, ) Tj ET Q q 0 0 0 rg BT 515.37 105.75 Td (and ) Tj ET Q q 0 0 0 rg BT 534.77 105.75 Td (impair ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 93.75 Td (our ) Tj ET Q q 0 0 0 rg BT 67.00 93.75 Td (ability ) Tj ET Q q 0 0 0 rg BT 95.11 93.75 Td (to ) Tj ET Q q 0 0 0 rg BT 106.00 93.75 Td (attract ) Tj ET Q q 0 0 0 rg BT 136.33 93.75 Td (and ) Tj ET Q q 0 0 0 rg BT 155.56 93.75 Td (retain ) Tj ET Q q 0 0 0 rg BT 183.13 93.75 Td (users ) Tj ET Q q 0 0 0 rg BT 210.12 93.75 Td (or ) Tj ET Q q 0 0 0 rg BT 221.56 93.75 Td (customers. ) Tj ET Q q 0 0 0 rg BT 273.01 93.75 Td (W) Tj ET Q q 0 0 0 rg BT 282.27 93.75 Td (e ) Tj ET Q q 0 0 0 rg BT 290.38 93.75 Td (expect ) Tj ET Q q 0 0 0 rg BT 322.39 93.75 Td (to ) Tj ET Q q 0 0 0 rg BT 333.27 93.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 373.63 93.75 Td (to ) Tj ET Q q 0 0 0 rg BT 384.51 93.75 Td (expend ) Tj ET Q q 0 0 0 rg BT 419.87 93.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 466.88 93.75 Td (resources ) Tj ET Q q 0 0 0 rg BT 513.33 93.75 Td (to ) Tj ET Q q 0 0 0 rg BT 524.22 93.75 Td (maintain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 81.75 Td (security ) Tj ET Q q 0 0 0 rg BT 87.23 81.75 Td (protections ) Tj ET Q q 0 0 0 rg BT 138.93 81.75 Td (that ) Tj ET Q q 0 0 0 rg BT 158.38 81.75 Td (shield ) Tj ET Q q 0 0 0 rg BT 187.29 81.75 Td (against ) Tj ET Q q 0 0 0 rg BT 222.31 81.75 Td (bugs, ) Tj ET Q q 0 0 0 rg BT 249.56 81.75 Td (theft, ) Tj ET Q q 0 0 0 rg BT 274.57 81.75 Td (misuse, ) Tj ET Q q 0 0 0 rg BT 311.80 81.75 Td (or ) Tj ET Q q 0 0 0 rg BT 323.47 81.75 Td (security ) Tj ET Q q 0 0 0 rg BT 360.70 81.75 Td (vulnerabilities ) Tj ET Q q 0 0 0 rg BT 424.07 81.75 Td (or ) Tj ET Q q 0 0 0 rg BT 435.74 81.75 Td (breaches.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 63.75 Td (W) Tj ET Q q 0 0 0 rg BT 82.26 63.75 Td (e ) Tj ET Q q 0 0 0 rg BT 90.27 63.75 Td (experience ) Tj ET Q q 0 0 0 rg BT 141.65 63.75 Td (cyber ) Tj ET Q q 0 0 0 rg BT 168.56 63.75 Td (attacks ) Tj ET Q q 0 0 0 rg BT 202.69 63.75 Td (and ) Tj ET Q q 0 0 0 rg BT 221.83 63.75 Td (other ) Tj ET Q q 0 0 0 rg BT 247.08 63.75 Td (attempts ) Tj ET Q q 0 0 0 rg BT 287.88 63.75 Td (to ) Tj ET Q q 0 0 0 rg BT 298.67 63.75 Td (gain ) Tj ET Q q 0 0 0 rg BT 320.03 63.75 Td (unauthorized ) Tj ET Q q 0 0 0 rg BT 380.31 63.75 Td (access ) Tj ET Q q 0 0 0 rg BT 413.89 63.75 Td (to ) Tj ET Q q 0 0 0 rg BT 424.68 63.75 Td (our ) Tj ET Q q 0 0 0 rg BT 441.59 63.75 Td (systems ) Tj ET Q q 0 0 0 rg BT 480.71 63.75 Td (on ) Tj ET Q q 0 0 0 rg BT 494.29 63.75 Td (a ) Tj ET Q q 0 0 0 rg BT 502.30 63.75 Td (regular ) Tj ET Q q 0 0 0 rg BT 535.89 63.75 Td (basis. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 51.75 Td (W) Tj ET Q q 0 0 0 rg BT 59.26 51.75 Td (e ) Tj ET Q q 0 0 0 rg BT 69.32 51.75 Td (may ) Tj ET Q q 0 0 0 rg BT 92.71 51.75 Td (experience ) Tj ET Q q 0 0 0 rg BT 146.13 51.75 Td (future ) Tj ET Q q 0 0 0 rg BT 176.20 51.75 Td (security ) Tj ET Q q 0 0 0 rg BT 215.15 51.75 Td (issues, ) Tj ET Q q 0 0 0 rg BT 250.78 51.75 Td (whether ) Tj ET Q q 0 0 0 rg BT 290.85 51.75 Td (due ) Tj ET Q q 0 0 0 rg BT 312.04 51.75 Td (to ) Tj ET Q q 0 0 0 rg BT 324.88 51.75 Td (employee ) Tj ET Q q 0 0 0 rg BT 372.73 51.75 Td (error ) Tj ET Q q 0 0 0 rg BT 398.35 51.75 Td (or ) Tj ET Q q 0 0 0 rg BT 411.74 51.75 Td (malfeasance ) Tj ET Q q 0 0 0 rg BT 472.94 51.75 Td (or ) Tj ET Q q 0 0 0 rg BT 486.33 51.75 Td (system ) Tj ET Q q 0 0 0 rg BT 522.50 51.75 Td (errors ) Tj ET Q q 0 0 0 rg BT 553.11 51.75 Td (or ) Tj ET Q endstream endobj 31 0 obj <>] /Rotate 0 /Contents 32 0 R>> endobj 32 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 53 767.11455078125 m 123.04443359375 767.11455078125 l s q 0 0 1 rg BT 53.00 768.40 Td (T) Tj ET Q q 0 0 1 rg BT 57.50 768.40 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.396078431372549 0.396078431372549 0.396078431372549 rg BT 500.45 768.40 Td (Alphabet Inc.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.40 31.25 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 741.75 Td (vulnerabilities ) Tj ET Q q 0 0 0 rg BT 112.25 741.75 Td (in ) Tj ET Q q 0 0 0 rg BT 121.69 741.75 Td (our ) Tj ET Q q 0 0 0 rg BT 137.80 741.75 Td (or ) Tj ET Q q 0 0 0 rg BT 148.36 741.75 Td (other ) Tj ET Q q 0 0 0 rg BT 172.81 741.75 Td (parties? Tj ET Q q 0 0 0 rg BT 204.68 741.75 Td ( ) Tj ET Q q 0 0 0 rg BT 206.34 741.75 Td (systems, ) Tj ET Q q 0 0 0 rg BT 247.44 741.75 Td (which ) Tj ET Q q 0 0 0 rg BT 274.67 741.75 Td (could ) Tj ET Q q 0 0 0 rg BT 300.24 741.75 Td (result ) Tj ET Q q 0 0 0 rg BT 326.35 741.75 Td (in ) Tj ET Q q 0 0 0 rg BT 335.80 741.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 381.92 741.75 Td (legal ) Tj ET Q q 0 0 0 rg BT 404.71 741.75 Td (and ) Tj ET Q q 0 0 0 rg BT 423.06 741.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 461.41 741.75 Td (exposure. ) Tj ET Q q 0 0 0 rg BT 506.99 741.75 Td (Government ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 729.75 Td (inquiries ) Tj ET Q q 0 0 0 rg BT 89.27 729.75 Td (and ) Tj ET Q q 0 0 0 rg BT 107.98 729.75 Td (enforcement ) Tj ET Q q 0 0 0 rg BT 165.60 729.75 Td (actions, ) Tj ET Q q 0 0 0 rg BT 202.09 729.75 Td (litigation, ) Tj ET Q q 0 0 0 rg BT 243.58 729.75 Td (and ) Tj ET Q q 0 0 0 rg BT 262.30 729.75 Td (adverse ) Tj ET Q q 0 0 0 rg BT 299.90 729.75 Td (press ) Tj ET Q q 0 0 0 rg BT 326.38 729.75 Td (coverage ) Tj ET Q q 0 0 0 rg BT 369.55 729.75 Td (could ) Tj ET Q q 0 0 0 rg BT 395.48 729.75 Td (harm ) Tj ET Q q 0 0 0 rg BT 420.29 729.75 Td (our ) Tj ET Q q 0 0 0 rg BT 436.78 729.75 Td (business. ) Tj ET Q q 0 0 0 rg BT 481.05 729.75 Td (W) Tj ET Q q 0 0 0 rg BT 490.31 729.75 Td (e ) Tj ET Q q 0 0 0 rg BT 497.90 729.75 Td (may ) Tj ET Q q 0 0 0 rg BT 518.82 729.75 Td (be ) Tj ET Q q 0 0 0 rg BT 531.97 729.75 Td (unable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 717.75 Td (to ) Tj ET Q q 0 0 0 rg BT 61.16 717.75 Td (anticipate ) Tj ET Q q 0 0 0 rg BT 106.79 717.75 Td (or ) Tj ET Q q 0 0 0 rg BT 118.50 717.75 Td (detect ) Tj ET Q q 0 0 0 rg BT 148.56 717.75 Td (attacks ) Tj ET Q q 0 0 0 rg BT 183.06 717.75 Td (or ) Tj ET Q q 0 0 0 rg BT 194.77 717.75 Td (vulnerabilities ) Tj ET Q q 0 0 0 rg BT 258.18 717.75 Td (or ) Tj ET Q q 0 0 0 rg BT 269.89 717.75 Td (implement ) Tj ET Q q 0 0 0 rg BT 318.84 717.75 Td (adequate ) Tj ET Q q 0 0 0 rg BT 363.37 717.75 Td (preventative ) Tj ET Q q 0 0 0 rg BT 420.67 717.75 Td (measures. ) Tj ET Q q 0 0 0 rg BT 470.17 717.75 Td ( ) Tj ET Q q 0 0 0 rg BT 472.43 717.75 Td (Attacks ) Tj ET Q q 0 0 0 rg BT 508.04 717.75 Td (and ) Tj ET Q q 0 0 0 rg BT 527.55 717.75 Td (security ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 705.75 Td (issues ) Tj ET Q q 0 0 0 rg BT 81.12 705.75 Td (could ) Tj ET Q q 0 0 0 rg BT 107.81 705.75 Td (also ) Tj ET Q q 0 0 0 rg BT 128.93 705.75 Td (compromise ) Tj ET Q q 0 0 0 rg BT 186.17 705.75 Td (trade ) Tj ET Q q 0 0 0 rg BT 211.74 705.75 Td (secrets ) Tj ET Q q 0 0 0 rg BT 246.75 705.75 Td (and ) Tj ET Q q 0 0 0 rg BT 266.21 705.75 Td (other ) Tj ET Q q 0 0 0 rg BT 291.78 705.75 Td (sensitive ) Tj ET Q q 0 0 0 rg BT 333.47 705.75 Td (information, ) Tj ET Q q 0 0 0 rg BT 388.49 705.75 Td (harming ) Tj ET Q q 0 0 0 rg BT 427.40 705.75 Td (our ) Tj ET Q q 0 0 0 rg BT 444.63 705.75 Td (business.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 687.75 Td (While ) Tj ET Q q 0 0 0 rg BT 101.03 687.75 Td (we ) Tj ET Q q 0 0 0 rg BT 116.84 687.75 Td (have ) Tj ET Q q 0 0 0 rg BT 141.54 687.75 Td (dedicated ) Tj ET Q q 0 0 0 rg BT 187.94 687.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 235.43 687.75 Td (resources ) Tj ET Q q 0 0 0 rg BT 282.36 687.75 Td (to ) Tj ET Q q 0 0 0 rg BT 293.72 687.75 Td (privacy ) Tj ET Q q 0 0 0 rg BT 328.42 687.75 Td (and ) Tj ET Q q 0 0 0 rg BT 348.13 687.75 Td (security ) Tj ET Q q 0 0 0 rg BT 385.61 687.75 Td (incident ) Tj ET Q q 0 0 0 rg BT 423.10 687.75 Td (response ) Tj ET Q q 0 0 0 rg BT 467.26 687.75 Td (capabilities, ) Tj ET Q q 0 0 0 rg BT 522.54 687.75 Td (including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 675.75 Td (dedicated ) Tj ET Q q 0 0 0 rg BT 96.97 675.75 Td (worldwide ) Tj ET Q q 0 0 0 rg BT 145.03 675.75 Td (incident ) Tj ET Q q 0 0 0 rg BT 183.09 675.75 Td (response ) Tj ET Q q 0 0 0 rg BT 227.83 675.75 Td (teams, ) Tj ET Q q 0 0 0 rg BT 261.44 675.75 Td (our ) Tj ET Q q 0 0 0 rg BT 279.49 675.75 Td (response ) Tj ET Q q 0 0 0 rg BT 324.22 675.75 Td (process ) Tj ET Q q 0 0 0 rg BT 362.83 675.75 Td (may ) Tj ET Q q 0 0 0 rg BT 385.32 675.75 Td (not ) Tj ET Q q 0 0 0 rg BT 402.82 675.75 Td (be ) Tj ET Q q 0 0 0 rg BT 417.54 675.75 Td (adequate, ) Tj ET Q q 0 0 0 rg BT 465.63 675.75 Td (may ) Tj ET Q q 0 0 0 rg BT 488.12 675.75 Td (fail ) Tj ET Q q 0 0 0 rg BT 504.50 675.75 Td (to ) Tj ET Q q 0 0 0 rg BT 516.44 675.75 Td (accurately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 663.75 Td (assess ) Tj ET Q q 0 0 0 rg BT 84.01 663.75 Td (the ) Tj ET Q q 0 0 0 rg BT 100.79 663.75 Td (severity ) Tj ET Q q 0 0 0 rg BT 138.13 663.75 Td (of ) Tj ET Q q 0 0 0 rg BT 149.36 663.75 Td (an ) Tj ET Q q 0 0 0 rg BT 163.37 663.75 Td (incident, ) Tj ET Q q 0 0 0 rg BT 203.50 663.75 Td (may ) Tj ET Q q 0 0 0 rg BT 225.27 663.75 Td (not ) Tj ET Q q 0 0 0 rg BT 242.06 663.75 Td (respond ) Tj ET Q q 0 0 0 rg BT 281.08 663.75 Td (quickly ) Tj ET Q q 0 0 0 rg BT 314.54 663.75 Td (enough, ) Tj ET Q q 0 0 0 rg BT 353.57 663.75 Td (or ) Tj ET Q q 0 0 0 rg BT 365.35 663.75 Td (may ) Tj ET Q q 0 0 0 rg BT 387.12 663.75 Td (fail ) Tj ET Q q 0 0 0 rg BT 402.79 663.75 Td (to ) Tj ET Q q 0 0 0 rg BT 414.02 663.75 Td (suf) Tj ET Q q 0 0 0 rg BT 427.18 663.75 Td (ficiently ) Tj ET Q q 0 0 0 rg BT 463.41 663.75 Td (remediate ) Tj ET Q q 0 0 0 rg BT 510.76 663.75 Td (an ) Tj ET Q q 0 0 0 rg BT 524.77 663.75 Td (incident. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 651.75 Td (As ) Tj ET Q q 0 0 0 rg BT 63.58 651.75 Td (a ) Tj ET Q q 0 0 0 rg BT 71.05 651.75 Td (result, ) Tj ET Q q 0 0 0 rg BT 100.20 651.75 Td (we ) Tj ET Q q 0 0 0 rg BT 114.89 651.75 Td (may ) Tj ET Q q 0 0 0 rg BT 135.70 651.75 Td (suf) Tj ET Q q 0 0 0 rg BT 148.85 651.75 Td (fer ) Tj ET Q q 0 0 0 rg BT 162.44 651.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 208.82 651.75 Td (legal, ) Tj ET Q q 0 0 0 rg BT 234.63 651.75 Td (reputational, ) Tj ET Q q 0 0 0 rg BT 291.58 651.75 Td (or ) Tj ET Q q 0 0 0 rg BT 302.39 651.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 340.99 651.75 Td (exposure, ) Tj ET Q q 0 0 0 rg BT 386.82 651.75 Td (which ) Tj ET Q q 0 0 0 rg BT 414.29 651.75 Td (could ) Tj ET Q q 0 0 0 rg BT 440.11 651.75 Td (harm ) Tj ET Q q 0 0 0 rg BT 464.81 651.75 Td (our ) Tj ET Q q 0 0 0 rg BT 481.17 651.75 Td (business, ) Tj ET Q q 0 0 0 rg BT 525.33 651.75 Td (financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 639.75 Td (condition, ) Tj ET Q q 0 0 0 rg BT 95.59 639.75 Td (and ) Tj ET Q q 0 0 0 rg BT 115.05 639.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 159.53 639.75 Td (results.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 73.00 621.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 93.53 621.75 Td (ongoing ) Tj ET Q q 0 0 0 rg BT 135.72 621.75 Td (investments ) Tj ET Q q 0 0 0 rg BT 196.83 621.75 Td (in ) Tj ET Q q 0 0 0 rg BT 208.47 621.75 Td (safety) Tj ET Q q 0 0 0 rg BT 237.00 621.75 Td (, ) Tj ET Q q 0 0 0 rg BT 242.54 621.75 Td (security) Tj ET Q q 0 0 0 rg BT 280.52 621.75 Td (, ) Tj ET Q q 0 0 0 rg BT 286.06 621.75 Td (and ) Tj ET Q q 0 0 0 rg BT 306.59 621.75 Td (content ) Tj ET Q q 0 0 0 rg BT 345.45 621.75 Td (review ) Tj ET Q q 0 0 0 rg BT 379.34 621.75 Td (will ) Tj ET Q q 0 0 0 rg BT 398.21 621.75 Td (likely ) Tj ET Q q 0 0 0 rg BT 425.98 621.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 470.41 621.75 Td (to ) Tj ET Q q 0 0 0 rg BT 482.60 621.75 Td (identify ) Tj ET Q q 0 0 0 rg BT 520.91 621.75 Td (abuse ) Tj ET Q q 0 0 0 rg BT 552.57 621.75 Td (of ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 609.75 Td (our ) Tj ET Q q 0 0 0 rg BT 68.89 609.75 Td (platforms ) Tj ET Q q 0 0 0 rg BT 117.23 609.75 Td (and ) Tj ET Q q 0 0 0 rg BT 137.78 609.75 Td (misuse ) Tj ET Q q 0 0 0 rg BT 175.02 609.75 Td (of ) Tj ET Q q 0 0 0 rg BT 187.24 609.75 Td (user ) Tj ET Q q 0 0 0 rg BT 211.14 609.75 Td (data.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 591.75 Td (In ) Tj ET Q q 0 0 0 rg BT 84.05 591.75 Td (addition ) Tj ET Q q 0 0 0 rg BT 121.78 591.75 Td (to ) Tj ET Q q 0 0 0 rg BT 132.83 591.75 Td (our ) Tj ET Q q 0 0 0 rg BT 149.99 591.75 Td (ef) Tj ET Q q 0 0 0 rg BT 158.15 591.75 Td (forts ) Tj ET Q q 0 0 0 rg BT 180.30 591.75 Td (to ) Tj ET Q q 0 0 0 rg BT 191.35 591.75 Td (mitigate ) Tj ET Q q 0 0 0 rg BT 229.07 591.75 Td (cyber ) Tj ET Q q 0 0 0 rg BT 256.23 591.75 Td (attacks, ) Tj ET Q q 0 0 0 rg BT 293.39 591.75 Td (we ) Tj ET Q q 0 0 0 rg BT 308.88 591.75 Td (are ) Tj ET Q q 0 0 0 rg BT 326.04 591.75 Td (making ) Tj ET Q q 0 0 0 rg BT 360.99 591.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 408.16 591.75 Td (investments ) Tj ET Q q 0 0 0 rg BT 464.22 591.75 Td (in ) Tj ET Q q 0 0 0 rg BT 474.71 591.75 Td (safety) Tj ET Q q 0 0 0 rg BT 500.65 591.75 Td (, ) Tj ET Q q 0 0 0 rg BT 506.13 591.75 Td (security) Tj ET Q q 0 0 0 rg BT 539.84 591.75 Td (, ) Tj ET Q q 0 0 0 rg BT 545.33 591.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 579.75 Td (content ) Tj ET Q q 0 0 0 rg BT 84.76 579.75 Td (review ) Tj ET Q q 0 0 0 rg BT 115.62 579.75 Td (ef) Tj ET Q q 0 0 0 rg BT 123.78 579.75 Td (forts ) Tj ET Q q 0 0 0 rg BT 145.18 579.75 Td (to ) Tj ET Q q 0 0 0 rg BT 155.48 579.75 Td (combat ) Tj ET Q q 0 0 0 rg BT 190.23 579.75 Td (misuse ) Tj ET Q q 0 0 0 rg BT 223.87 579.75 Td (of ) Tj ET Q q 0 0 0 rg BT 234.17 579.75 Td (our ) Tj ET Q q 0 0 0 rg BT 250.58 579.75 Td (services ) Tj ET Q q 0 0 0 rg BT 289.21 579.75 Td (and ) Tj ET Q q 0 0 0 rg BT 307.86 579.75 Td (unauthorized ) Tj ET Q q 0 0 0 rg BT 367.64 579.75 Td (access ) Tj ET Q q 0 0 0 rg BT 400.72 579.75 Td (to ) Tj ET Q q 0 0 0 rg BT 411.02 579.75 Td (user ) Tj ET Q q 0 0 0 rg BT 432.43 579.75 Td (data ) Tj ET Q q 0 0 0 rg BT 453.85 579.75 Td (by ) Tj ET Q q 0 0 0 rg BT 466.37 579.75 Td (third ) Tj ET Q q 0 0 0 rg BT 487.79 579.75 Td (parties, ) Tj ET Q q 0 0 0 rg BT 522.54 579.75 Td (including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 567.75 Td (investigations ) Tj ET Q q 0 0 0 rg BT 112.66 567.75 Td (and ) Tj ET Q q 0 0 0 rg BT 131.41 567.75 Td (review ) Tj ET Q q 0 0 0 rg BT 162.37 567.75 Td (of ) Tj ET Q q 0 0 0 rg BT 172.77 567.75 Td (platform ) Tj ET Q q 0 0 0 rg BT 210.96 567.75 Td (applications ) Tj ET Q q 0 0 0 rg BT 265.84 567.75 Td (that ) Tj ET Q q 0 0 0 rg BT 284.58 567.75 Td (could ) Tj ET Q q 0 0 0 rg BT 310.55 567.75 Td (access ) Tj ET Q q 0 0 0 rg BT 343.74 567.75 Td (the ) Tj ET Q q 0 0 0 rg BT 359.71 567.75 Td (information ) Tj ET Q q 0 0 0 rg BT 411.24 567.75 Td (of ) Tj ET Q q 0 0 0 rg BT 421.64 567.75 Td (users ) Tj ET Q q 0 0 0 rg BT 448.16 567.75 Td (of ) Tj ET Q q 0 0 0 rg BT 458.57 567.75 Td (our ) Tj ET Q q 0 0 0 rg BT 475.09 567.75 Td (services. ) Tj ET Q q 0 0 0 rg BT 516.19 567.75 Td (As ) Tj ET Q q 0 0 0 rg BT 529.93 567.75 Td (a ) Tj ET Q q 0 0 0 rg BT 537.55 567.75 Td (result ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 555.75 Td (of ) Tj ET Q q 0 0 0 rg BT 61.66 555.75 Td (these ) Tj ET Q q 0 0 0 rg BT 89.44 555.75 Td (ef) Tj ET Q q 0 0 0 rg BT 97.60 555.75 Td (forts, ) Tj ET Q q 0 0 0 rg BT 123.14 555.75 Td (we ) Tj ET Q q 0 0 0 rg BT 139.24 555.75 Td (could ) Tj ET Q q 0 0 0 rg BT 166.46 555.75 Td (discover ) Tj ET Q q 0 0 0 rg BT 207.02 555.75 Td (incidents ) Tj ET Q q 0 0 0 rg BT 249.80 555.75 Td (of ) Tj ET Q q 0 0 0 rg BT 261.46 555.75 Td (unnecessary ) Tj ET Q q 0 0 0 rg BT 321.47 555.75 Td (access ) Tj ET Q q 0 0 0 rg BT 355.91 555.75 Td (to ) Tj ET Q q 0 0 0 rg BT 367.57 555.75 Td (or ) Tj ET Q q 0 0 0 rg BT 379.78 555.75 Td (misuse ) Tj ET Q q 0 0 0 rg BT 414.77 555.75 Td (of ) Tj ET Q q 0 0 0 rg BT 426.43 555.75 Td (user ) Tj ET Q q 0 0 0 rg BT 449.20 555.75 Td (data ) Tj ET Q q 0 0 0 rg BT 471.98 555.75 Td (or ) Tj ET Q q 0 0 0 rg BT 484.19 555.75 Td (other ) Tj ET Q q 0 0 0 rg BT 510.29 555.75 Td (undesirable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 543.75 Td (activity ) Tj ET Q q 0 0 0 rg BT 83.36 543.75 Td (by ) Tj ET Q q 0 0 0 rg BT 96.73 543.75 Td (third ) Tj ET Q q 0 0 0 rg BT 118.98 543.75 Td (parties. ) Tj ET Q q 0 0 0 rg BT 154.58 543.75 Td (W) Tj ET Q q 0 0 0 rg BT 163.84 543.75 Td (e ) Tj ET Q q 0 0 0 rg BT 172.20 543.75 Td (may ) Tj ET Q q 0 0 0 rg BT 193.90 543.75 Td (not ) Tj ET Q q 0 0 0 rg BT 210.60 543.75 Td (discover ) Tj ET Q q 0 0 0 rg BT 250.64 543.75 Td (all ) Tj ET Q q 0 0 0 rg BT 263.45 543.75 Td (such ) Tj ET Q q 0 0 0 rg BT 287.37 543.75 Td (incidents ) Tj ET Q q 0 0 0 rg BT 329.64 543.75 Td (or ) Tj ET Q q 0 0 0 rg BT 341.34 543.75 Td (activity) Tj ET Q q 0 0 0 rg BT 371.16 543.75 Td (, ) Tj ET Q q 0 0 0 rg BT 376.74 543.75 Td (whether ) Tj ET Q q 0 0 0 rg BT 415.12 543.75 Td (as ) Tj ET Q q 0 0 0 rg BT 428.48 543.75 Td (a ) Tj ET Q q 0 0 0 rg BT 436.85 543.75 Td (result ) Tj ET Q q 0 0 0 rg BT 464.10 543.75 Td (of ) Tj ET Q q 0 0 0 rg BT 475.24 543.75 Td (our ) Tj ET Q q 0 0 0 rg BT 492.50 543.75 Td (data ) Tj ET Q q 0 0 0 rg BT 514.77 543.75 Td (limitations, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 531.75 Td (including ) Tj ET Q q 0 0 0 rg BT 92.55 531.75 Td (our ) Tj ET Q q 0 0 0 rg BT 110.08 531.75 Td (lack ) Tj ET Q q 0 0 0 rg BT 130.94 531.75 Td (of ) Tj ET Q q 0 0 0 rg BT 142.36 531.75 Td (visibility ) Tj ET Q q 0 0 0 rg BT 179.88 531.75 Td (over ) Tj ET Q q 0 0 0 rg BT 202.41 531.75 Td (our ) Tj ET Q q 0 0 0 rg BT 219.94 531.75 Td (encrypted ) Tj ET Q q 0 0 0 rg BT 266.93 531.75 Td (services, ) Tj ET Q q 0 0 0 rg BT 309.46 531.75 Td (the ) Tj ET Q q 0 0 0 rg BT 326.44 531.75 Td (scale ) Tj ET Q q 0 0 0 rg BT 352.86 531.75 Td (of ) Tj ET Q q 0 0 0 rg BT 364.28 531.75 Td (activity ) Tj ET Q q 0 0 0 rg BT 397.92 531.75 Td (on ) Tj ET Q q 0 0 0 rg BT 412.12 531.75 Td (our ) Tj ET Q q 0 0 0 rg BT 429.65 531.75 Td (platform, ) Tj ET Q q 0 0 0 rg BT 471.62 531.75 Td (or ) Tj ET Q q 0 0 0 rg BT 483.59 531.75 Td (other ) Tj ET Q q 0 0 0 rg BT 509.46 531.75 Td (factors, ) Tj ET Q q 0 0 0 rg BT 545.33 531.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 519.75 Td (we ) Tj ET Q q 0 0 0 rg BT 65.65 519.75 Td (may ) Tj ET Q q 0 0 0 rg BT 87.41 519.75 Td (be ) Tj ET Q q 0 0 0 rg BT 101.39 519.75 Td (notified ) Tj ET Q q 0 0 0 rg BT 136.50 519.75 Td (of ) Tj ET Q q 0 0 0 rg BT 147.71 519.75 Td (such ) Tj ET Q q 0 0 0 rg BT 171.70 519.75 Td (incidents ) Tj ET Q q 0 0 0 rg BT 214.03 519.75 Td (or ) Tj ET Q q 0 0 0 rg BT 225.79 519.75 Td (activity ) Tj ET Q q 0 0 0 rg BT 259.21 519.75 Td (via ) Tj ET Q q 0 0 0 rg BT 274.86 519.75 Td (third ) Tj ET Q q 0 0 0 rg BT 297.18 519.75 Td (parties. ) Tj ET Q q 0 0 0 rg BT 332.84 519.75 Td (Such ) Tj ET Q q 0 0 0 rg BT 358.50 519.75 Td (incidents ) Tj ET Q q 0 0 0 rg BT 400.83 519.75 Td (and ) Tj ET Q q 0 0 0 rg BT 420.38 519.75 Td (activities ) Tj ET Q q 0 0 0 rg BT 461.59 519.75 Td (may ) Tj ET Q q 0 0 0 rg BT 483.35 519.75 Td (include ) Tj ET Q q 0 0 0 rg BT 517.90 519.75 Td (the ) Tj ET Q q 0 0 0 rg BT 534.67 519.75 Td (use ) Tj ET Q q 0 0 0 rg BT 553.66 519.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 507.75 Td (user ) Tj ET Q q 0 0 0 rg BT 73.29 507.75 Td (data ) Tj ET Q q 0 0 0 rg BT 96.59 507.75 Td (or ) Tj ET Q q 0 0 0 rg BT 109.32 507.75 Td (our ) Tj ET Q q 0 0 0 rg BT 127.61 507.75 Td (systems ) Tj ET Q q 0 0 0 rg BT 168.12 507.75 Td (in ) Tj ET Q q 0 0 0 rg BT 179.74 507.75 Td (a ) Tj ET Q q 0 0 0 rg BT 189.14 507.75 Td (manner ) Tj ET Q q 0 0 0 rg BT 226.88 507.75 Td (inconsistent ) Tj ET Q q 0 0 0 rg BT 283.53 507.75 Td (with ) Tj ET Q q 0 0 0 rg BT 305.15 507.75 Td (our ) Tj ET Q q 0 0 0 rg BT 323.44 507.75 Td (terms, ) Tj ET Q q 0 0 0 rg BT 355.06 507.75 Td (contracts ) Tj ET Q q 0 0 0 rg BT 399.47 507.75 Td (or ) Tj ET Q q 0 0 0 rg BT 412.20 507.75 Td (policies, ) Tj ET Q q 0 0 0 rg BT 452.16 507.75 Td (the ) Tj ET Q q 0 0 0 rg BT 469.90 507.75 Td (existence ) Tj ET Q q 0 0 0 rg BT 515.99 507.75 Td (of ) Tj ET Q q 0 0 0 rg BT 528.16 507.75 Td (false ) Tj ET Q q 0 0 0 rg BT 553.13 507.75 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 495.75 Td (undesirable ) Tj ET Q q 0 0 0 rg BT 104.67 495.75 Td (user ) Tj ET Q q 0 0 0 rg BT 127.09 495.75 Td (accounts, ) Tj ET Q q 0 0 0 rg BT 172.86 495.75 Td (election ) Tj ET Q q 0 0 0 rg BT 210.29 495.75 Td (interference, ) Tj ET Q q 0 0 0 rg BT 268.85 495.75 Td (improper ) Tj ET Q q 0 0 0 rg BT 311.27 495.75 Td (ad ) Tj ET Q q 0 0 0 rg BT 325.36 495.75 Td (purchases, ) Tj ET Q q 0 0 0 rg BT 377.25 495.75 Td (activities ) Tj ET Q q 0 0 0 rg BT 418.56 495.75 Td (that ) Tj ET Q q 0 0 0 rg BT 438.20 495.75 Td (threaten ) Tj ET Q q 0 0 0 rg BT 477.86 495.75 Td (people? Tj ET Q q 0 0 0 rg BT 509.93 495.75 Td (s ) Tj ET Q q 0 0 0 rg BT 517.90 495.75 Td (safety ) Tj ET Q q 0 0 0 rg BT 547.55 495.75 Td (on- ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 483.75 Td (or ) Tj ET Q q 0 0 0 rg BT 61.02 483.75 Td (of) Tj ET Q q 0 0 0 rg BT 69.18 483.75 Td (fline, ) Tj ET Q q 0 0 0 rg BT 92.43 483.75 Td (or ) Tj ET Q q 0 0 0 rg BT 103.46 483.75 Td (instances ) Tj ET Q q 0 0 0 rg BT 147.83 483.75 Td (of ) Tj ET Q q 0 0 0 rg BT 158.30 483.75 Td (spamming, ) Tj ET Q q 0 0 0 rg BT 209.34 483.75 Td (scraping, ) Tj ET Q q 0 0 0 rg BT 252.04 483.75 Td (or ) Tj ET Q q 0 0 0 rg BT 263.06 483.75 Td (spreading ) Tj ET Q q 0 0 0 rg BT 309.12 483.75 Td (disinformation. ) Tj ET Q q 0 0 0 rg BT 376.27 483.75 Td (W) Tj ET Q q 0 0 0 rg BT 385.53 483.75 Td (e ) Tj ET Q q 0 0 0 rg BT 393.22 483.75 Td (may ) Tj ET Q q 0 0 0 rg BT 414.25 483.75 Td (also ) Tj ET Q q 0 0 0 rg BT 434.72 483.75 Td (be ) Tj ET Q q 0 0 0 rg BT 447.97 483.75 Td (unsuccessful ) Tj ET Q q 0 0 0 rg BT 507.91 483.75 Td (in ) Tj ET Q q 0 0 0 rg BT 517.82 483.75 Td (our ) Tj ET Q q 0 0 0 rg BT 534.41 483.75 Td (ef) Tj ET Q q 0 0 0 rg BT 542.57 483.75 Td (forts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 471.75 Td (to ) Tj ET Q q 0 0 0 rg BT 60.84 471.75 Td (enforce ) Tj ET Q q 0 0 0 rg BT 96.69 471.75 Td (our ) Tj ET Q q 0 0 0 rg BT 113.65 471.75 Td (policies ) Tj ET Q q 0 0 0 rg BT 149.50 471.75 Td (or ) Tj ET Q q 0 0 0 rg BT 160.89 471.75 Td (otherwise ) Tj ET Q q 0 0 0 rg BT 206.19 471.75 Td (remediate ) Tj ET Q q 0 0 0 rg BT 253.15 471.75 Td (any ) Tj ET Q q 0 0 0 rg BT 271.78 471.75 Td (such ) Tj ET Q q 0 0 0 rg BT 295.40 471.75 Td (incidents. ) Tj ET Q q 0 0 0 rg BT 339.65 471.75 Td (Any ) Tj ET Q q 0 0 0 rg BT 359.38 471.75 Td (of ) Tj ET Q q 0 0 0 rg BT 370.22 471.75 Td (the ) Tj ET Q q 0 0 0 rg BT 386.62 471.75 Td (foregoing ) Tj ET Q q 0 0 0 rg BT 430.82 471.75 Td (developments ) Tj ET Q q 0 0 0 rg BT 495.58 471.75 Td (may ) Tj ET Q q 0 0 0 rg BT 516.97 471.75 Td (negatively ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 459.75 Td (af) Tj ET Q q 0 0 0 rg BT 58.16 459.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 77.16 459.75 Td (user ) Tj ET Q q 0 0 0 rg BT 99.50 459.75 Td (trust ) Tj ET Q q 0 0 0 rg BT 121.83 459.75 Td (and ) Tj ET Q q 0 0 0 rg BT 141.39 459.75 Td (engagement, ) Tj ET Q q 0 0 0 rg BT 202.66 459.75 Td (harm ) Tj ET Q q 0 0 0 rg BT 228.32 459.75 Td (our ) Tj ET Q q 0 0 0 rg BT 245.66 459.75 Td (reputation ) Tj ET Q q 0 0 0 rg BT 293.02 459.75 Td (and ) Tj ET Q q 0 0 0 rg BT 312.59 459.75 Td (brands, ) Tj ET Q q 0 0 0 rg BT 348.82 459.75 Td (require ) Tj ET Q q 0 0 0 rg BT 382.83 459.75 Td (us ) Tj ET Q q 0 0 0 rg BT 396.28 459.75 Td (to ) Tj ET Q q 0 0 0 rg BT 407.50 459.75 Td (change ) Tj ET Q q 0 0 0 rg BT 443.19 459.75 Td (our ) Tj ET Q q 0 0 0 rg BT 460.53 459.75 Td (business ) Tj ET Q q 0 0 0 rg BT 502.88 459.75 Td (practices ) Tj ET Q q 0 0 0 rg BT 545.78 459.75 Td (in ) Tj ET Q q 0 0 0 rg BT 556.44 459.75 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 447.75 Td (manner ) Tj ET Q q 0 0 0 rg BT 86.10 447.75 Td (adverse ) Tj ET Q q 0 0 0 rg BT 123.87 447.75 Td (to ) Tj ET Q q 0 0 0 rg BT 134.41 447.75 Td (our ) Tj ET Q q 0 0 0 rg BT 151.05 447.75 Td (business, ) Tj ET Q q 0 0 0 rg BT 195.50 447.75 Td (and ) Tj ET Q q 0 0 0 rg BT 214.38 447.75 Td (adversely ) Tj ET Q q 0 0 0 rg BT 259.37 447.75 Td (af) Tj ET Q q 0 0 0 rg BT 267.53 447.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 285.84 447.75 Td (our ) Tj ET Q q 0 0 0 rg BT 302.49 447.75 Td (business ) Tj ET Q q 0 0 0 rg BT 344.15 447.75 Td (and ) Tj ET Q q 0 0 0 rg BT 363.03 447.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 401.91 447.75 Td (results. ) Tj ET Q q 0 0 0 rg BT 435.90 447.75 Td (Any ) Tj ET Q q 0 0 0 rg BT 455.33 447.75 Td (such ) Tj ET Q q 0 0 0 rg BT 478.65 447.75 Td (developments ) Tj ET Q q 0 0 0 rg BT 543.10 447.75 Td (may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 435.75 Td (also ) Tj ET Q q 0 0 0 rg BT 70.74 435.75 Td (subject ) Tj ET Q q 0 0 0 rg BT 104.83 435.75 Td (us ) Tj ET Q q 0 0 0 rg BT 117.79 435.75 Td (to ) Tj ET Q q 0 0 0 rg BT 128.52 435.75 Td (additional ) Tj ET Q q 0 0 0 rg BT 173.74 435.75 Td (litigation ) Tj ET Q q 0 0 0 rg BT 212.82 435.75 Td (and ) Tj ET Q q 0 0 0 rg BT 231.91 435.75 Td (regulatory ) Tj ET Q q 0 0 0 rg BT 278.77 435.75 Td (inquiries, ) Tj ET Q q 0 0 0 rg BT 321.19 435.75 Td (which ) Tj ET Q q 0 0 0 rg BT 349.16 435.75 Td (could ) Tj ET Q q 0 0 0 rg BT 375.46 435.75 Td (result ) Tj ET Q q 0 0 0 rg BT 402.31 435.75 Td (in ) Tj ET Q q 0 0 0 rg BT 412.49 435.75 Td (monetary ) Tj ET Q q 0 0 0 rg BT 456.58 435.75 Td (penalties ) Tj ET Q q 0 0 0 rg BT 499.00 435.75 Td (and ) Tj ET Q q 0 0 0 rg BT 518.09 435.75 Td (damages, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 423.75 Td (divert ) Tj ET Q q 0 0 0 rg BT 77.23 423.75 Td (management? Tj ET Q q 0 0 0 rg BT 137.64 423.75 Td (s ) Tj ET Q q 0 0 0 rg BT 145.42 423.75 Td (time ) Tj ET Q q 0 0 0 rg BT 167.09 423.75 Td (and ) Tj ET Q q 0 0 0 rg BT 186.55 423.75 Td (attention, ) Tj ET Q q 0 0 0 rg BT 230.47 423.75 Td (and ) Tj ET Q q 0 0 0 rg BT 249.94 423.75 Td (lead ) Tj ET Q q 0 0 0 rg BT 271.62 423.75 Td (to ) Tj ET Q q 0 0 0 rg BT 282.74 423.75 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 329.45 423.75 Td (regulatory ) Tj ET Q q 0 0 0 rg BT 376.69 423.75 Td (oversight.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 73.00 405.75 Td (Problematic ) Tj ET Q q 0 0 0 rg BT 132.77 405.75 Td (content, ) Tj ET Q q 0 0 0 rg BT 174.19 405.75 Td (including ) Tj ET Q q 0 0 0 rg BT 221.16 405.75 Td (low-quality ) Tj ET Q q 0 0 0 rg BT 275.91 405.75 Td (user-generated ) Tj ET Q q 0 0 0 rg BT 350.69 405.75 Td (content, ) Tj ET Q q 0 0 0 rg BT 392.10 405.75 Td (web ) Tj ET Q q 0 0 0 rg BT 414.08 405.75 Td (spam, ) Tj ET Q q 0 0 0 rg BT 445.51 405.75 Td (content ) Tj ET Q q 0 0 0 rg BT 484.15 405.75 Td (farms, ) Tj ET Q q 0 0 0 rg BT 516.70 405.75 Td (and ) Tj ET Q q 0 0 0 rg BT 537.00 405.75 Td (other ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 393.75 Td (violations ) Tj ET Q q 0 0 0 rg BT 99.55 393.75 Td (of ) Tj ET Q q 0 0 0 rg BT 111.87 393.75 Td (our ) Tj ET Q q 0 0 0 rg BT 130.85 393.75 Td (guidelines ) Tj ET Q q 0 0 0 rg BT 183.18 393.75 Td (could ) Tj ET Q q 0 0 0 rg BT 212.72 393.75 Td (af) Tj ET Q q 0 0 0 rg BT 221.43 393.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 242.09 393.75 Td (the ) Tj ET Q q 0 0 0 rg BT 259.97 393.75 Td (quality ) Tj ET Q q 0 0 0 rg BT 295.07 393.75 Td (of ) Tj ET Q q 0 0 0 rg BT 307.38 393.75 Td (our ) Tj ET Q q 0 0 0 rg BT 326.37 393.75 Td (services, ) Tj ET Q q 0 0 0 rg BT 372.06 393.75 Td (which ) Tj ET Q q 0 0 0 rg BT 403.27 393.75 Td (could ) Tj ET Q q 0 0 0 rg BT 432.81 393.75 Td (damage ) Tj ET Q q 0 0 0 rg BT 473.48 393.75 Td (our ) Tj ET Q q 0 0 0 rg BT 492.47 393.75 Td (reputation ) Tj ET Q q 0 0 0 rg BT 544.23 393.75 Td (and ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 381.75 Td (deter ) Tj ET Q q 0 0 0 rg BT 77.23 381.75 Td (our ) Tj ET Q q 0 0 0 rg BT 96.12 381.75 Td (current ) Tj ET Q q 0 0 0 rg BT 133.35 381.75 Td (and ) Tj ET Q q 0 0 0 rg BT 153.91 381.75 Td (potential ) Tj ET Q q 0 0 0 rg BT 198.35 381.75 Td (users ) Tj ET Q q 0 0 0 rg BT 227.81 381.75 Td (from ) Tj ET Q q 0 0 0 rg BT 252.81 381.75 Td (using ) Tj ET Q q 0 0 0 rg BT 282.26 381.75 Td (our ) Tj ET Q q 0 0 0 rg BT 301.14 381.75 Td (products ) Tj ET Q q 0 0 0 rg BT 346.70 381.75 Td (and ) Tj ET Q q 0 0 0 rg BT 367.26 381.75 Td (services. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 363.75 Td (W) Tj ET Q q 0 0 0 rg BT 82.26 363.75 Td (e, ) Tj ET Q q 0 0 0 rg BT 93.25 363.75 Td (like ) Tj ET Q q 0 0 0 rg BT 110.91 363.75 Td (others ) Tj ET Q q 0 0 0 rg BT 141.35 363.75 Td (in ) Tj ET Q q 0 0 0 rg BT 151.79 363.75 Td (the ) Tj ET Q q 0 0 0 rg BT 168.34 363.75 Td (industry) Tj ET Q q 0 0 0 rg BT 202.61 363.75 Td (, ) Tj ET Q q 0 0 0 rg BT 208.04 363.75 Td (face ) Tj ET Q q 0 0 0 rg BT 229.60 363.75 Td (violations ) Tj ET Q q 0 0 0 rg BT 273.94 363.75 Td (of ) Tj ET Q q 0 0 0 rg BT 284.93 363.75 Td (our ) Tj ET Q q 0 0 0 rg BT 302.04 363.75 Td (content ) Tj ET Q q 0 0 0 rg BT 337.49 363.75 Td (guidelines, ) Tj ET Q q 0 0 0 rg BT 387.96 363.75 Td (including ) Tj ET Q q 0 0 0 rg BT 430.08 363.75 Td (sophisticated ) Tj ET Q q 0 0 0 rg BT 491.10 363.75 Td (attempts ) Tj ET Q q 0 0 0 rg BT 532.11 363.75 Td (by ) Tj ET Q q 0 0 0 rg BT 545.32 363.75 Td (bad ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 351.75 Td (actors ) Tj ET Q q 0 0 0 rg BT 79.64 351.75 Td (to ) Tj ET Q q 0 0 0 rg BT 90.39 351.75 Td (manipulate ) Tj ET Q q 0 0 0 rg BT 141.72 351.75 Td (our ) Tj ET Q q 0 0 0 rg BT 158.59 351.75 Td (hosting ) Tj ET Q q 0 0 0 rg BT 193.24 351.75 Td (and ) Tj ET Q q 0 0 0 rg BT 212.34 351.75 Td (advertising ) Tj ET Q q 0 0 0 rg BT 263.11 351.75 Td (systems ) Tj ET Q q 0 0 0 rg BT 302.19 351.75 Td (to ) Tj ET Q q 0 0 0 rg BT 312.94 351.75 Td (fraudulently ) Tj ET Q q 0 0 0 rg BT 367.05 351.75 Td (generate ) Tj ET Q q 0 0 0 rg BT 408.94 351.75 Td (revenues, ) Tj ET Q q 0 0 0 rg BT 455.27 351.75 Td (or ) Tj ET Q q 0 0 0 rg BT 466.57 351.75 Td (to ) Tj ET Q q 0 0 0 rg BT 477.32 351.75 Td (otherwise ) Tj ET Q q 0 0 0 rg BT 522.53 351.75 Td (generate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 339.75 Td (traf) Tj ET Q q 0 0 0 rg BT 64.27 339.75 Td (fic ) Tj ET Q q 0 0 0 rg BT 77.10 339.75 Td (that ) Tj ET Q q 0 0 0 rg BT 96.62 339.75 Td (does ) Tj ET Q q 0 0 0 rg BT 121.13 339.75 Td (not ) Tj ET Q q 0 0 0 rg BT 137.87 339.75 Td (represent ) Tj ET Q q 0 0 0 rg BT 182.95 339.75 Td (genuine ) Tj ET Q q 0 0 0 rg BT 221.37 339.75 Td (user ) Tj ET Q q 0 0 0 rg BT 243.66 339.75 Td (interest ) Tj ET Q q 0 0 0 rg BT 279.29 339.75 Td (or ) Tj ET Q q 0 0 0 rg BT 291.01 339.75 Td (intent. ) Tj ET Q q 0 0 0 rg BT 321.09 339.75 Td (While ) Tj ET Q q 0 0 0 rg BT 348.93 339.75 Td (we ) Tj ET Q q 0 0 0 rg BT 364.54 339.75 Td (invest ) Tj ET Q q 0 0 0 rg BT 393.50 339.75 Td (significantly ) Tj ET Q q 0 0 0 rg BT 448.03 339.75 Td (in ) Tj ET Q q 0 0 0 rg BT 458.64 339.75 Td (ef) Tj ET Q q 0 0 0 rg BT 466.80 339.75 Td (forts ) Tj ET Q q 0 0 0 rg BT 489.08 339.75 Td (to ) Tj ET Q q 0 0 0 rg BT 500.26 339.75 Td (promote ) Tj ET Q q 0 0 0 rg BT 539.78 339.75 Td (high-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 327.75 Td (quality ) Tj ET Q q 0 0 0 rg BT 82.56 327.75 Td (and ) Tj ET Q q 0 0 0 rg BT 102.90 327.75 Td (relevant ) Tj ET Q q 0 0 0 rg BT 142.13 327.75 Td (results ) Tj ET Q q 0 0 0 rg BT 175.24 327.75 Td (and ) Tj ET Q q 0 0 0 rg BT 195.58 327.75 Td (to ) Tj ET Q q 0 0 0 rg BT 207.57 327.75 Td (detect ) Tj ET Q q 0 0 0 rg BT 238.47 327.75 Td (and ) Tj ET Q q 0 0 0 rg BT 258.81 327.75 Td (prevent ) Tj ET Q q 0 0 0 rg BT 295.82 327.75 Td (low-quality ) Tj ET Q q 0 0 0 rg BT 346.71 327.75 Td (content ) Tj ET Q q 0 0 0 rg BT 383.17 327.75 Td (and ) Tj ET Q q 0 0 0 rg BT 403.51 327.75 Td (invalid ) Tj ET Q q 0 0 0 rg BT 435.52 327.75 Td (traf) Tj ET Q q 0 0 0 rg BT 449.78 327.75 Td (fic, ) Tj ET Q q 0 0 0 rg BT 466.22 327.75 Td (we ) Tj ET Q q 0 0 0 rg BT 482.65 327.75 Td (may ) Tj ET Q q 0 0 0 rg BT 505.20 327.75 Td (be ) Tj ET Q q 0 0 0 rg BT 519.98 327.75 Td (unable ) Tj ET Q q 0 0 0 rg BT 553.66 327.75 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 315.75 Td (adequately ) Tj ET Q q 0 0 0 rg BT 101.71 315.75 Td (detect ) Tj ET Q q 0 0 0 rg BT 131.73 315.75 Td (and ) Tj ET Q q 0 0 0 rg BT 151.19 315.75 Td (prevent ) Tj ET Q q 0 0 0 rg BT 187.32 315.75 Td (such ) Tj ET Q q 0 0 0 rg BT 211.23 315.75 Td (abuses.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 297.75 Td (Many ) Tj ET Q q 0 0 0 rg BT 100.05 297.75 Td (websites ) Tj ET Q q 0 0 0 rg BT 141.55 297.75 Td (violate ) Tj ET Q q 0 0 0 rg BT 173.05 297.75 Td (or ) Tj ET Q q 0 0 0 rg BT 184.54 297.75 Td (attempt ) Tj ET Q q 0 0 0 rg BT 220.48 297.75 Td (to ) Tj ET Q q 0 0 0 rg BT 231.42 297.75 Td (violate ) Tj ET Q q 0 0 0 rg BT 262.92 297.75 Td (our ) Tj ET Q q 0 0 0 rg BT 279.97 297.75 Td (guidelines, ) Tj ET Q q 0 0 0 rg BT 330.38 297.75 Td (including ) Tj ET Q q 0 0 0 rg BT 372.44 297.75 Td (by ) Tj ET Q q 0 0 0 rg BT 385.60 297.75 Td (seeking ) Tj ET Q q 0 0 0 rg BT 422.66 297.75 Td (to ) Tj ET Q q 0 0 0 rg BT 433.60 297.75 Td (inappropriately ) Tj ET Q q 0 0 0 rg BT 501.79 297.75 Td (rank ) Tj ET Q q 0 0 0 rg BT 523.84 297.75 Td (higher ) Tj ET Q q 0 0 0 rg BT 554.23 297.75 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 285.75 Td (search ) Tj ET Q q 0 0 0 rg BT 82.04 285.75 Td (results ) Tj ET Q q 0 0 0 rg BT 113.52 285.75 Td (than ) Tj ET Q q 0 0 0 rg BT 135.02 285.75 Td (our ) Tj ET Q q 0 0 0 rg BT 151.50 285.75 Td (search ) Tj ET Q q 0 0 0 rg BT 183.54 285.75 Td (engine's ) Tj ET Q q 0 0 0 rg BT 222.51 285.75 Td (assessment ) Tj ET Q q 0 0 0 rg BT 277.89 285.75 Td (of ) Tj ET Q q 0 0 0 rg BT 288.26 285.75 Td (their ) Tj ET Q q 0 0 0 rg BT 309.74 285.75 Td (relevance ) Tj ET Q q 0 0 0 rg BT 355.13 285.75 Td (and ) Tj ET Q q 0 0 0 rg BT 373.84 285.75 Td (utility ) Tj ET Q q 0 0 0 rg BT 398.65 285.75 Td (would ) Tj ET Q q 0 0 0 rg BT 426.81 285.75 Td (rank ) Tj ET Q q 0 0 0 rg BT 448.29 285.75 Td (them. ) Tj ET Q q 0 0 0 rg BT 475.33 285.75 Td (Such ) Tj ET Q q 0 0 0 rg BT 500.15 285.75 Td (ef) Tj ET Q q 0 0 0 rg BT 508.31 285.75 Td (forts ) Tj ET Q q 0 0 0 rg BT 529.78 285.75 Td (\(known ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 273.75 Td (as ) Tj ET Q q 0 0 0 rg BT 64.61 273.75 Td (“web ) Tj ET Q q 0 0 0 rg BT 90.34 273.75 Td (spam”\) ) Tj ET Q q 0 0 0 rg BT 125.50 273.75 Td (may ) Tj ET Q q 0 0 0 rg BT 148.44 273.75 Td (af) Tj ET Q q 0 0 0 rg BT 156.60 273.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 176.77 273.75 Td (the ) Tj ET Q q 0 0 0 rg BT 194.72 273.75 Td (quality ) Tj ET Q q 0 0 0 rg BT 227.68 273.75 Td (of ) Tj ET Q q 0 0 0 rg BT 240.07 273.75 Td (content ) Tj ET Q q 0 0 0 rg BT 276.93 273.75 Td (on ) Tj ET Q q 0 0 0 rg BT 292.10 273.75 Td (our ) Tj ET Q q 0 0 0 rg BT 310.60 273.75 Td (platforms ) Tj ET Q q 0 0 0 rg BT 355.78 273.75 Td (and ) Tj ET Q q 0 0 0 rg BT 376.51 273.75 Td (lead ) Tj ET Q q 0 0 0 rg BT 399.47 273.75 Td (them ) Tj ET Q q 0 0 0 rg BT 425.75 273.75 Td (to ) Tj ET Q q 0 0 0 rg BT 438.14 273.75 Td (display ) Tj ET Q q 0 0 0 rg BT 473.32 273.75 Td (false, ) Tj ET Q q 0 0 0 rg BT 501.27 273.75 Td (misleading ) Tj ET Q q 0 0 0 rg BT 553.13 273.75 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 261.75 Td (undesirable ) Tj ET Q q 0 0 0 rg BT 104.48 261.75 Td (content.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 243.75 Td (Although ) Tj ET Q q 0 0 0 rg BT 116.15 243.75 Td (English-language ) Tj ET Q q 0 0 0 rg BT 197.10 243.75 Td (web ) Tj ET Q q 0 0 0 rg BT 219.12 243.75 Td (spam ) Tj ET Q q 0 0 0 rg BT 247.24 243.75 Td (in ) Tj ET Q q 0 0 0 rg BT 258.69 243.75 Td (our ) Tj ET Q q 0 0 0 rg BT 276.82 243.75 Td (search ) Tj ET Q q 0 0 0 rg BT 310.50 243.75 Td (results ) Tj ET Q q 0 0 0 rg BT 343.63 243.75 Td (has ) Tj ET Q q 0 0 0 rg BT 363.42 243.75 Td (been ) Tj ET Q q 0 0 0 rg BT 389.34 243.75 Td (reduced, ) Tj ET Q q 0 0 0 rg BT 431.92 243.75 Td (and ) Tj ET Q q 0 0 0 rg BT 452.28 243.75 Td (web ) Tj ET Q q 0 0 0 rg BT 474.30 243.75 Td (spam ) Tj ET Q q 0 0 0 rg BT 502.42 243.75 Td (in ) Tj ET Q q 0 0 0 rg BT 513.87 243.75 Td (most ) Tj ET Q q 0 0 0 rg BT 539.21 243.75 Td (other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 231.75 Td (languages ) Tj ET Q q 0 0 0 rg BT 98.42 231.75 Td (is ) Tj ET Q q 0 0 0 rg BT 107.92 231.75 Td (limited, ) Tj ET Q q 0 0 0 rg BT 141.87 231.75 Td (we ) Tj ET Q q 0 0 0 rg BT 156.92 231.75 Td (expect ) Tj ET Q q 0 0 0 rg BT 188.66 231.75 Td (web ) Tj ET Q q 0 0 0 rg BT 209.27 231.75 Td (spammers ) Tj ET Q q 0 0 0 rg BT 258.22 231.75 Td (will ) Tj ET Q q 0 0 0 rg BT 274.38 231.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 314.46 231.75 Td (to ) Tj ET Q q 0 0 0 rg BT 325.07 231.75 Td (seek ) Tj ET Q q 0 0 0 rg BT 348.47 231.75 Td (inappropriate ) Tj ET Q q 0 0 0 rg BT 409.12 231.75 Td (ways ) Tj ET Q q 0 0 0 rg BT 434.17 231.75 Td (to ) Tj ET Q q 0 0 0 rg BT 444.78 231.75 Td (improve ) Tj ET Q q 0 0 0 rg BT 482.62 231.75 Td (their ) Tj ET Q q 0 0 0 rg BT 504.35 231.75 Td (rankings. ) Tj ET Q q 0 0 0 rg BT 547.20 231.75 Td (W) Tj ET Q q 0 0 0 rg BT 556.45 231.75 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 219.75 Td (continuously ) Tj ET Q q 0 0 0 rg BT 108.44 219.75 Td (combat ) Tj ET Q q 0 0 0 rg BT 144.09 219.75 Td (web ) Tj ET Q q 0 0 0 rg BT 165.28 219.75 Td (spam ) Tj ET Q q 0 0 0 rg BT 192.59 219.75 Td (in ) Tj ET Q q 0 0 0 rg BT 203.22 219.75 Td (our ) Tj ET Q q 0 0 0 rg BT 220.53 219.75 Td (search ) Tj ET Q q 0 0 0 rg BT 253.39 219.75 Td (results, ) Tj ET Q q 0 0 0 rg BT 288.48 219.75 Td (including ) Tj ET Q q 0 0 0 rg BT 330.80 219.75 Td (through ) Tj ET Q q 0 0 0 rg BT 367.57 219.75 Td (indexing ) Tj ET Q q 0 0 0 rg BT 407.67 219.75 Td (technology ) Tj ET Q q 0 0 0 rg BT 458.89 219.75 Td (that ) Tj ET Q q 0 0 0 rg BT 478.42 219.75 Td (makes ) Tj ET Q q 0 0 0 rg BT 510.73 219.75 Td (it ) Tj ET Q q 0 0 0 rg BT 518.58 219.75 Td (harder ) Tj ET Q q 0 0 0 rg BT 550.34 219.75 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 207.75 Td (spam-like, ) Tj ET Q q 0 0 0 rg BT 98.40 207.75 Td (less ) Tj ET Q q 0 0 0 rg BT 119.01 207.75 Td (useful ) Tj ET Q q 0 0 0 rg BT 148.53 207.75 Td (web ) Tj ET Q q 0 0 0 rg BT 169.71 207.75 Td (content ) Tj ET Q q 0 0 0 rg BT 205.34 207.75 Td (to ) Tj ET Q q 0 0 0 rg BT 216.52 207.75 Td (rank ) Tj ET Q q 0 0 0 rg BT 238.80 207.75 Td (highly) Tj ET Q q 0 0 0 rg BT 264.19 207.75 Td (. ) Tj ET Q q 0 0 0 rg BT 269.80 207.75 Td (W) Tj ET Q q 0 0 0 rg BT 279.06 207.75 Td (e ) Tj ET Q q 0 0 0 rg BT 287.45 207.75 Td (also ) Tj ET Q q 0 0 0 rg BT 308.63 207.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 349.27 207.75 Td (to ) Tj ET Q q 0 0 0 rg BT 360.44 207.75 Td (invest ) Tj ET Q q 0 0 0 rg BT 389.40 207.75 Td (in ) Tj ET Q q 0 0 0 rg BT 400.01 207.75 Td (and ) Tj ET Q q 0 0 0 rg BT 419.53 207.75 Td (deploy ) Tj ET Q q 0 0 0 rg BT 451.83 207.75 Td (proprietary ) Tj ET Q q 0 0 0 rg BT 502.46 207.75 Td (technology ) Tj ET Q q 0 0 0 rg BT 553.66 207.75 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 195.75 Td (detect ) Tj ET Q q 0 0 0 rg BT 80.02 195.75 Td (and ) Tj ET Q q 0 0 0 rg BT 99.48 195.75 Td (prevent ) Tj ET Q q 0 0 0 rg BT 135.62 195.75 Td (web ) Tj ET Q q 0 0 0 rg BT 156.74 195.75 Td (spam ) Tj ET Q q 0 0 0 rg BT 183.97 195.75 Td (from ) Tj ET Q q 0 0 0 rg BT 206.75 195.75 Td (abusing ) Tj ET Q q 0 0 0 rg BT 244.56 195.75 Td (our ) Tj ET Q q 0 0 0 rg BT 261.79 195.75 Td (platforms.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 177.75 Td (W) Tj ET Q q 0 0 0 rg BT 82.26 177.75 Td (e ) Tj ET Q q 0 0 0 rg BT 90.76 177.75 Td (also ) Tj ET Q q 0 0 0 rg BT 112.05 177.75 Td (face ) Tj ET Q q 0 0 0 rg BT 133.89 177.75 Td (other ) Tj ET Q q 0 0 0 rg BT 159.62 177.75 Td (challenges ) Tj ET Q q 0 0 0 rg BT 210.38 177.75 Td (from ) Tj ET Q q 0 0 0 rg BT 233.32 177.75 Td (low-quality ) Tj ET Q q 0 0 0 rg BT 283.50 177.75 Td (and ) Tj ET Q q 0 0 0 rg BT 303.12 177.75 Td (irrelevant ) Tj ET Q q 0 0 0 rg BT 347.19 177.75 Td (content ) Tj ET Q q 0 0 0 rg BT 382.94 177.75 Td (websites, ) Tj ET Q q 0 0 0 rg BT 427.56 177.75 Td (including ) Tj ET Q q 0 0 0 rg BT 469.98 177.75 Td (content ) Tj ET Q q 0 0 0 rg BT 505.72 177.75 Td (farms, ) Tj ET Q q 0 0 0 rg BT 536.44 177.75 Td (which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 165.75 Td (are ) Tj ET Q q 0 0 0 rg BT 67.08 165.75 Td (websites ) Tj ET Q q 0 0 0 rg BT 108.62 165.75 Td (that ) Tj ET Q q 0 0 0 rg BT 127.93 165.75 Td (generate ) Tj ET Q q 0 0 0 rg BT 170.03 165.75 Td (large ) Tj ET Q q 0 0 0 rg BT 194.90 165.75 Td (quantities ) Tj ET Q q 0 0 0 rg BT 240.33 165.75 Td (of ) Tj ET Q q 0 0 0 rg BT 251.30 165.75 Td (low-quality ) Tj ET Q q 0 0 0 rg BT 301.17 165.75 Td (content ) Tj ET Q q 0 0 0 rg BT 336.60 165.75 Td (to ) Tj ET Q q 0 0 0 rg BT 347.57 165.75 Td (help ) Tj ET Q q 0 0 0 rg BT 369.11 165.75 Td (them ) Tj ET Q q 0 0 0 rg BT 393.97 165.75 Td (improve ) Tj ET Q q 0 0 0 rg BT 432.16 165.75 Td (their ) Tj ET Q q 0 0 0 rg BT 454.25 165.75 Td (search ) Tj ET Q q 0 0 0 rg BT 486.89 165.75 Td (rankings. ) Tj ET Q q 0 0 0 rg BT 530.09 165.75 Td (W) Tj ET Q q 0 0 0 rg BT 539.35 165.75 Td (e ) Tj ET Q q 0 0 0 rg BT 547.54 165.75 Td (are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 153.75 Td (continually ) Tj ET Q q 0 0 0 rg BT 100.03 153.75 Td (launching ) Tj ET Q q 0 0 0 rg BT 145.62 153.75 Td (algorithmic ) Tj ET Q q 0 0 0 rg BT 196.75 153.75 Td (changes ) Tj ET Q q 0 0 0 rg BT 237.33 153.75 Td (focused ) Tj ET Q q 0 0 0 rg BT 275.14 153.75 Td (on ) Tj ET Q q 0 0 0 rg BT 289.04 153.75 Td (low-quality ) Tj ET Q q 0 0 0 rg BT 339.06 153.75 Td (websites.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 135.75 Td (If ) Tj ET Q q 0 0 0 rg BT 80.30 135.75 Td (we ) Tj ET Q q 0 0 0 rg BT 94.83 135.75 Td (fail ) Tj ET Q q 0 0 0 rg BT 109.36 135.75 Td (to ) Tj ET Q q 0 0 0 rg BT 119.45 135.75 Td (detect ) Tj ET Q q 0 0 0 rg BT 148.43 135.75 Td (and ) Tj ET Q q 0 0 0 rg BT 166.87 135.75 Td (prevent ) Tj ET Q q 0 0 0 rg BT 201.97 135.75 Td (an ) Tj ET Q q 0 0 0 rg BT 214.83 135.75 Td (increase ) Tj ET Q q 0 0 0 rg BT 254.38 135.75 Td (in ) Tj ET Q q 0 0 0 rg BT 263.91 135.75 Td (problematic ) Tj ET Q q 0 0 0 rg BT 317.34 135.75 Td (content, ) Tj ET Q q 0 0 0 rg BT 354.67 135.75 Td (it ) Tj ET Q q 0 0 0 rg BT 361.42 135.75 Td (could ) Tj ET Q q 0 0 0 rg BT 387.07 135.75 Td (hurt ) Tj ET Q q 0 0 0 rg BT 406.05 135.75 Td (our ) Tj ET Q q 0 0 0 rg BT 422.25 135.75 Td (reputation ) Tj ET Q q 0 0 0 rg BT 468.47 135.75 Td (for ) Tj ET Q q 0 0 0 rg BT 481.89 135.75 Td (delivering ) Tj ET Q q 0 0 0 rg BT 526.43 135.75 Td (relevant ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 123.75 Td (information ) Tj ET Q q 0 0 0 rg BT 101.97 123.75 Td (or ) Tj ET Q q 0 0 0 rg BT 113.37 123.75 Td (reduce ) Tj ET Q q 0 0 0 rg BT 146.45 123.75 Td (use ) Tj ET Q q 0 0 0 rg BT 165.08 123.75 Td (of ) Tj ET Q q 0 0 0 rg BT 175.93 123.75 Td (our ) Tj ET Q q 0 0 0 rg BT 192.89 123.75 Td (platforms, ) Tj ET Q q 0 0 0 rg BT 239.29 123.75 Td (harming ) Tj ET Q q 0 0 0 rg BT 277.93 123.75 Td (our ) Tj ET Q q 0 0 0 rg BT 294.89 123.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 334.08 123.75 Td (condition ) Tj ET Q q 0 0 0 rg BT 376.62 123.75 Td (or ) Tj ET Q q 0 0 0 rg BT 388.01 123.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 432.22 123.75 Td (results. ) Tj ET Q q 0 0 0 rg BT 466.96 123.75 Td (It ) Tj ET Q q 0 0 0 rg BT 475.02 123.75 Td (may ) Tj ET Q q 0 0 0 rg BT 496.42 123.75 Td (also ) Tj ET Q q 0 0 0 rg BT 517.27 123.75 Td (subject ) Tj ET Q q 0 0 0 rg BT 551.46 123.75 Td (us ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 111.75 Td (to ) Tj ET Q q 0 0 0 rg BT 60.54 111.75 Td (litigation ) Tj ET Q q 0 0 0 rg BT 99.43 111.75 Td (and ) Tj ET Q q 0 0 0 rg BT 118.32 111.75 Td (regulatory ) Tj ET Q q 0 0 0 rg BT 164.99 111.75 Td (inquiries, ) Tj ET Q q 0 0 0 rg BT 207.21 111.75 Td (which ) Tj ET Q q 0 0 0 rg BT 234.98 111.75 Td (could ) Tj ET Q q 0 0 0 rg BT 261.09 111.75 Td (result ) Tj ET Q q 0 0 0 rg BT 287.74 111.75 Td (in ) Tj ET Q q 0 0 0 rg BT 297.73 111.75 Td (monetary ) Tj ET Q q 0 0 0 rg BT 341.61 111.75 Td (penalties ) Tj ET Q q 0 0 0 rg BT 383.84 111.75 Td (and ) Tj ET Q q 0 0 0 rg BT 402.73 111.75 Td (damages, ) Tj ET Q q 0 0 0 rg BT 448.85 111.75 Td (divert ) Tj ET Q q 0 0 0 rg BT 475.50 111.75 Td (management? Tj ET Q q 0 0 0 rg BT 535.91 111.75 Td (s ) Tj ET Q q 0 0 0 rg BT 543.11 111.75 Td (time ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 99.75 Td (and ) Tj ET Q q 0 0 0 rg BT 69.46 99.75 Td (attention, ) Tj ET Q q 0 0 0 rg BT 113.38 99.75 Td (and ) Tj ET Q q 0 0 0 rg BT 132.85 99.75 Td (lead ) Tj ET Q q 0 0 0 rg BT 154.53 99.75 Td (to ) Tj ET Q q 0 0 0 rg BT 165.65 99.75 Td (enhanced ) Tj ET Q q 0 0 0 rg BT 212.36 99.75 Td (regulatory ) Tj ET Q q 0 0 0 rg BT 259.60 99.75 Td (oversight.) Tj ET Q endstream endobj 33 0 obj <>] /Rotate 0 /Contents 34 0 R>> endobj 34 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 53 767.11455078125 m 123.04443359375 767.11455078125 l s q 0 0 1 rg BT 53.00 768.40 Td (T) Tj ET Q q 0 0 1 rg BT 57.50 768.40 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.396078431372549 0.396078431372549 0.396078431372549 rg BT 500.45 768.40 Td (Alphabet Inc.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.40 31.25 Td (15) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 73.00 741.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 93.14 741.75 Td (business ) Tj ET Q q 0 0 0 rg BT 138.85 741.75 Td (depends ) Tj ET Q q 0 0 0 rg BT 182.34 741.75 Td (on ) Tj ET Q q 0 0 0 rg BT 196.92 741.75 Td (continued ) Tj ET Q q 0 0 0 rg BT 247.05 741.75 Td (and ) Tj ET Q q 0 0 0 rg BT 267.19 741.75 Td (unimpeded ) Tj ET Q q 0 0 0 rg BT 322.89 741.75 Td (access ) Tj ET Q q 0 0 0 rg BT 358.63 741.75 Td (to ) Tj ET Q q 0 0 0 rg BT 370.43 741.75 Td (the ) Tj ET Q q 0 0 0 rg BT 387.79 741.75 Td (Internet ) Tj ET Q q 0 0 0 rg BT 426.82 741.75 Td (by ) Tj ET Q q 0 0 0 rg BT 440.86 741.75 Td (us ) Tj ET Q q 0 0 0 rg BT 454.89 741.75 Td (and ) Tj ET Q q 0 0 0 rg BT 475.03 741.75 Td (our ) Tj ET Q q 0 0 0 rg BT 493.50 741.75 Td (users. ) Tj ET Q q 0 0 0 rg BT 525.33 741.75 Td (Internet ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 729.75 Td (access ) Tj ET Q q 0 0 0 rg BT 85.97 729.75 Td (providers ) Tj ET Q q 0 0 0 rg BT 134.14 729.75 Td (may ) Tj ET Q q 0 0 0 rg BT 156.76 729.75 Td (be ) Tj ET Q q 0 0 0 rg BT 171.03 729.75 Td (able ) Tj ET Q q 0 0 0 rg BT 193.65 729.75 Td (to ) Tj ET Q q 0 0 0 rg BT 205.69 729.75 Td (restrict, ) Tj ET Q q 0 0 0 rg BT 244.97 729.75 Td (block, ) Tj ET Q q 0 0 0 rg BT 276.47 729.75 Td (degrade, ) Tj ET Q q 0 0 0 rg BT 320.75 729.75 Td (or ) Tj ET Q q 0 0 0 rg BT 333.35 729.75 Td (charge ) Tj ET Q q 0 0 0 rg BT 368.75 729.75 Td (for ) Tj ET Q q 0 0 0 rg BT 384.68 729.75 Td (access ) Tj ET Q q 0 0 0 rg BT 420.65 729.75 Td (to ) Tj ET Q q 0 0 0 rg BT 432.69 729.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 468.09 729.75 Td (of ) Tj ET Q q 0 0 0 rg BT 480.13 729.75 Td (our ) Tj ET Q q 0 0 0 rg BT 498.84 729.75 Td (products ) Tj ET Q q 0 0 0 rg BT 544.22 729.75 Td (and ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 717.75 Td (services, ) Tj ET Q q 0 0 0 rg BT 95.60 717.75 Td (which ) Tj ET Q q 0 0 0 rg BT 126.71 717.75 Td (could ) Tj ET Q q 0 0 0 rg BT 156.15 717.75 Td (lead ) Tj ET Q q 0 0 0 rg BT 178.94 717.75 Td (to ) Tj ET Q q 0 0 0 rg BT 191.16 717.75 Td (additional ) Tj ET Q q 0 0 0 rg BT 241.16 717.75 Td (expenses ) Tj ET Q q 0 0 0 rg BT 289.52 717.75 Td (and ) Tj ET Q q 0 0 0 rg BT 310.08 717.75 Td (the ) Tj ET Q q 0 0 0 rg BT 327.86 717.75 Td (loss ) Tj ET Q q 0 0 0 rg BT 350.64 717.75 Td (of ) Tj ET Q q 0 0 0 rg BT 362.86 717.75 Td (users ) Tj ET Q q 0 0 0 rg BT 392.32 717.75 Td (and ) Tj ET Q q 0 0 0 rg BT 412.88 717.75 Td (advertisers. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 699.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 92.38 699.75 Td (products ) Tj ET Q q 0 0 0 rg BT 133.45 699.75 Td (and ) Tj ET Q q 0 0 0 rg BT 152.84 699.75 Td (services ) Tj ET Q q 0 0 0 rg BT 192.23 699.75 Td (depend ) Tj ET Q q 0 0 0 rg BT 228.31 699.75 Td (on ) Tj ET Q q 0 0 0 rg BT 242.15 699.75 Td (the ) Tj ET Q q 0 0 0 rg BT 258.76 699.75 Td (ability ) Tj ET Q q 0 0 0 rg BT 287.04 699.75 Td (of ) Tj ET Q q 0 0 0 rg BT 298.09 699.75 Td (our ) Tj ET Q q 0 0 0 rg BT 315.26 699.75 Td (users ) Tj ET Q q 0 0 0 rg BT 342.42 699.75 Td (to ) Tj ET Q q 0 0 0 rg BT 353.47 699.75 Td (access ) Tj ET Q q 0 0 0 rg BT 387.31 699.75 Td (the ) Tj ET Q q 0 0 0 rg BT 403.92 699.75 Td (Internet, ) Tj ET Q q 0 0 0 rg BT 443.32 699.75 Td (and ) Tj ET Q q 0 0 0 rg BT 462.72 699.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 495.45 699.75 Td (of ) Tj ET Q q 0 0 0 rg BT 506.50 699.75 Td (our ) Tj ET Q q 0 0 0 rg BT 523.66 699.75 Td (products ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 687.75 Td (require ) Tj ET Q q 0 0 0 rg BT 83.69 687.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 130.72 687.75 Td (bandwidth ) Tj ET Q q 0 0 0 rg BT 178.87 687.75 Td (to ) Tj ET Q q 0 0 0 rg BT 189.77 687.75 Td (work ) Tj ET Q q 0 0 0 rg BT 213.44 687.75 Td (ef) Tj ET Q q 0 0 0 rg BT 221.60 687.75 Td (fectively) Tj ET Q q 0 0 0 rg BT 256.98 687.75 Td (. ) Tj ET Q q 0 0 0 rg BT 262.32 687.75 Td (Currently) Tj ET Q q 0 0 0 rg BT 302.15 687.75 Td (, ) Tj ET Q q 0 0 0 rg BT 307.49 687.75 Td (this ) Tj ET Q q 0 0 0 rg BT 325.61 687.75 Td (access ) Tj ET Q q 0 0 0 rg BT 359.29 687.75 Td (is ) Tj ET Q q 0 0 0 rg BT 369.08 687.75 Td (provided ) Tj ET Q q 0 0 0 rg BT 410.00 687.75 Td (by ) Tj ET Q q 0 0 0 rg BT 423.12 687.75 Td (companies ) Tj ET Q q 0 0 0 rg BT 474.04 687.75 Td (that ) Tj ET Q q 0 0 0 rg BT 493.28 687.75 Td (have ) Tj ET Q q 0 0 0 rg BT 517.53 687.75 Td (significant ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 675.75 Td (market ) Tj ET Q q 0 0 0 rg BT 83.77 675.75 Td (power ) Tj ET Q q 0 0 0 rg BT 114.21 675.75 Td (in ) Tj ET Q q 0 0 0 rg BT 125.21 675.75 Td (the ) Tj ET Q q 0 0 0 rg BT 142.32 675.75 Td (broadband ) Tj ET Q q 0 0 0 rg BT 193.35 675.75 Td (and ) Tj ET Q q 0 0 0 rg BT 213.24 675.75 Td (internet ) Tj ET Q q 0 0 0 rg BT 249.80 675.75 Td (access ) Tj ET Q q 0 0 0 rg BT 284.13 675.75 Td (marketplace, ) Tj ET Q q 0 0 0 rg BT 344.59 675.75 Td (including ) Tj ET Q q 0 0 0 rg BT 387.27 675.75 Td (incumbent ) Tj ET Q q 0 0 0 rg BT 436.62 675.75 Td (telephone ) Tj ET Q q 0 0 0 rg BT 483.76 675.75 Td (companies, ) Tj ET Q q 0 0 0 rg BT 538.10 675.75 Td (cable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 663.75 Td (companies, ) Tj ET Q q 0 0 0 rg BT 103.87 663.75 Td (mobile ) Tj ET Q q 0 0 0 rg BT 136.07 663.75 Td (communications ) Tj ET Q q 0 0 0 rg BT 211.06 663.75 Td (companies, ) Tj ET Q q 0 0 0 rg BT 264.93 663.75 Td (and ) Tj ET Q q 0 0 0 rg BT 284.35 663.75 Td (government-owned ) Tj ET Q q 0 0 0 rg BT 372.69 663.75 Td (service ) Tj ET Q q 0 0 0 rg BT 407.10 663.75 Td (providers. ) Tj ET Q q 0 0 0 rg BT 453.75 663.75 Td (Some ) Tj ET Q q 0 0 0 rg BT 482.61 663.75 Td (of ) Tj ET Q q 0 0 0 rg BT 493.68 663.75 Td (these ) Tj ET Q q 0 0 0 rg BT 520.88 663.75 Td (providers ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 651.75 Td (have ) Tj ET Q q 0 0 0 rg BT 75.29 651.75 Td (taken, ) Tj ET Q q 0 0 0 rg BT 106.13 651.75 Td (or ) Tj ET Q q 0 0 0 rg BT 118.62 651.75 Td (have ) Tj ET Q q 0 0 0 rg BT 143.90 651.75 Td (stated ) Tj ET Q q 0 0 0 rg BT 174.75 651.75 Td (that ) Tj ET Q q 0 0 0 rg BT 195.03 651.75 Td (they ) Tj ET Q q 0 0 0 rg BT 217.53 651.75 Td (may ) Tj ET Q q 0 0 0 rg BT 240.02 651.75 Td (take ) Tj ET Q q 0 0 0 rg BT 262.52 651.75 Td (measures ) Tj ET Q q 0 0 0 rg BT 310.03 651.75 Td (that ) Tj ET Q q 0 0 0 rg BT 330.31 651.75 Td (could ) Tj ET Q q 0 0 0 rg BT 357.82 651.75 Td (degrade, ) Tj ET Q q 0 0 0 rg BT 400.89 651.75 Td (disrupt, ) Tj ET Q q 0 0 0 rg BT 437.29 651.75 Td (or ) Tj ET Q q 0 0 0 rg BT 449.78 651.75 Td (increase ) Tj ET Q q 0 0 0 rg BT 491.18 651.75 Td (the ) Tj ET Q q 0 0 0 rg BT 508.68 651.75 Td (cost ) Tj ET Q q 0 0 0 rg BT 530.62 651.75 Td (of ) Tj ET Q q 0 0 0 rg BT 542.56 651.75 Td (user ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 639.75 Td (access ) Tj ET Q q 0 0 0 rg BT 83.99 639.75 Td (to ) Tj ET Q q 0 0 0 rg BT 95.20 639.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 128.09 639.75 Td (of ) Tj ET Q q 0 0 0 rg BT 139.30 639.75 Td (our ) Tj ET Q q 0 0 0 rg BT 156.62 639.75 Td (products ) Tj ET Q q 0 0 0 rg BT 197.85 639.75 Td (by ) Tj ET Q q 0 0 0 rg BT 211.28 639.75 Td (restricting ) Tj ET Q q 0 0 0 rg BT 257.50 639.75 Td (or ) Tj ET Q q 0 0 0 rg BT 269.26 639.75 Td (prohibiting ) Tj ET Q q 0 0 0 rg BT 318.27 639.75 Td (the ) Tj ET Q q 0 0 0 rg BT 335.04 639.75 Td (use ) Tj ET Q q 0 0 0 rg BT 354.04 639.75 Td (of ) Tj ET Q q 0 0 0 rg BT 365.25 639.75 Td (their ) Tj ET Q q 0 0 0 rg BT 387.57 639.75 Td (infrastructure ) Tj ET Q q 0 0 0 rg BT 448.80 639.75 Td (to ) Tj ET Q q 0 0 0 rg BT 460.01 639.75 Td (support ) Tj ET Q q 0 0 0 rg BT 496.23 639.75 Td (or ) Tj ET Q q 0 0 0 rg BT 507.99 639.75 Td (facilitate ) Tj ET Q q 0 0 0 rg BT 547.55 639.75 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 627.75 Td (of) Tj ET Q q 0 0 0 rg BT 58.16 627.75 Td (ferings, ) Tj ET Q q 0 0 0 rg BT 93.82 627.75 Td (or ) Tj ET Q q 0 0 0 rg BT 105.57 627.75 Td (by ) Tj ET Q q 0 0 0 rg BT 119.00 627.75 Td (charging ) Tj ET Q q 0 0 0 rg BT 160.22 627.75 Td (increased ) Tj ET Q q 0 0 0 rg BT 206.44 627.75 Td (fees ) Tj ET Q q 0 0 0 rg BT 228.21 627.75 Td (to ) Tj ET Q q 0 0 0 rg BT 239.41 627.75 Td (us ) Tj ET Q q 0 0 0 rg BT 252.84 627.75 Td (or ) Tj ET Q q 0 0 0 rg BT 264.59 627.75 Td (our ) Tj ET Q q 0 0 0 rg BT 281.91 627.75 Td (users ) Tj ET Q q 0 0 0 rg BT 309.23 627.75 Td (to ) Tj ET Q q 0 0 0 rg BT 320.43 627.75 Td (provide ) Tj ET Q q 0 0 0 rg BT 356.09 627.75 Td (our ) Tj ET Q q 0 0 0 rg BT 373.41 627.75 Td (of) Tj ET Q q 0 0 0 rg BT 381.57 627.75 Td (ferings. ) Tj ET Q q 0 0 0 rg BT 417.22 627.75 Td (Some ) Tj ET Q q 0 0 0 rg BT 446.21 627.75 Td (jurisdictions ) Tj ET Q q 0 0 0 rg BT 501.32 627.75 Td (have ) Tj ET Q q 0 0 0 rg BT 525.86 627.75 Td (adopted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 615.75 Td (regulations ) Tj ET Q q 0 0 0 rg BT 101.98 615.75 Td (prohibiting ) Tj ET Q q 0 0 0 rg BT 151.19 615.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 184.27 615.75 Td (forms ) Tj ET Q q 0 0 0 rg BT 212.33 615.75 Td (of ) Tj ET Q q 0 0 0 rg BT 223.73 615.75 Td (discrimination ) Tj ET Q q 0 0 0 rg BT 287.93 615.75 Td (by ) Tj ET Q q 0 0 0 rg BT 301.55 615.75 Td (internet ) Tj ET Q q 0 0 0 rg BT 337.97 615.75 Td (access ) Tj ET Q q 0 0 0 rg BT 372.16 615.75 Td (providers; ) Tj ET Q q 0 0 0 rg BT 419.13 615.75 Td (however) Tj ET Q q 0 0 0 rg BT 456.37 615.75 Td (, ) Tj ET Q q 0 0 0 rg BT 462.21 615.75 Td (substantial ) Tj ET Q q 0 0 0 rg BT 513.08 615.75 Td (uncertainty ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 603.75 Td (exists ) Tj ET Q q 0 0 0 rg BT 77.89 603.75 Td (in ) Tj ET Q q 0 0 0 rg BT 87.99 603.75 Td (the ) Tj ET Q q 0 0 0 rg BT 104.22 603.75 Td (United ) Tj ET Q q 0 0 0 rg BT 135.45 603.75 Td (States ) Tj ET Q q 0 0 0 rg BT 166.12 603.75 Td (and ) Tj ET Q q 0 0 0 rg BT 185.13 603.75 Td (elsewhere ) Tj ET Q q 0 0 0 rg BT 233.03 603.75 Td (regarding ) Tj ET Q q 0 0 0 rg BT 277.61 603.75 Td (such ) Tj ET Q q 0 0 0 rg BT 301.06 603.75 Td (protections. ) Tj ET Q q 0 0 0 rg BT 355.07 603.75 Td (For ) Tj ET Q q 0 0 0 rg BT 372.40 603.75 Td (example, ) Tj ET Q q 0 0 0 rg BT 415.30 603.75 Td (in ) Tj ET Q q 0 0 0 rg BT 425.40 603.75 Td (2018 ) Tj ET Q q 0 0 0 rg BT 449.97 603.75 Td (the ) Tj ET Q q 0 0 0 rg BT 466.20 603.75 Td (United ) Tj ET Q q 0 0 0 rg BT 497.43 603.75 Td (States ) Tj ET Q q 0 0 0 rg BT 528.10 603.75 Td (Federal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 591.75 Td (Communications ) Tj ET Q q 0 0 0 rg BT 128.29 591.75 Td (Commission ) Tj ET Q q 0 0 0 rg BT 187.11 591.75 Td (repealed ) Tj ET Q q 0 0 0 rg BT 229.84 591.75 Td (net ) Tj ET Q q 0 0 0 rg BT 247.56 591.75 Td (neutrality ) Tj ET Q q 0 0 0 rg BT 291.95 591.75 Td (rules, ) Tj ET Q q 0 0 0 rg BT 320.21 591.75 Td (which ) Tj ET Q q 0 0 0 rg BT 349.59 591.75 Td (could ) Tj ET Q q 0 0 0 rg BT 377.31 591.75 Td (lead ) Tj ET Q q 0 0 0 rg BT 400.03 591.75 Td (internet ) Tj ET Q q 0 0 0 rg BT 437.20 591.75 Td (access ) Tj ET Q q 0 0 0 rg BT 472.14 591.75 Td (providers ) Tj ET Q q 0 0 0 rg BT 517.08 591.75 Td (to ) Tj ET Q q 0 0 0 rg BT 529.23 591.75 Td (restrict, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 579.75 Td (block, ) Tj ET Q q 0 0 0 rg BT 79.49 579.75 Td (degrade, ) Tj ET Q q 0 0 0 rg BT 122.34 579.75 Td (or ) Tj ET Q q 0 0 0 rg BT 134.60 579.75 Td (charge ) Tj ET Q q 0 0 0 rg BT 168.55 579.75 Td (for ) Tj ET Q q 0 0 0 rg BT 183.59 579.75 Td (access ) Tj ET Q q 0 0 0 rg BT 218.08 579.75 Td (to ) Tj ET Q q 0 0 0 rg BT 229.79 579.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 263.17 579.75 Td (of ) Tj ET Q q 0 0 0 rg BT 274.88 579.75 Td (our ) Tj ET Q q 0 0 0 rg BT 292.71 579.75 Td (products ) Tj ET Q q 0 0 0 rg BT 334.43 579.75 Td (and ) Tj ET Q q 0 0 0 rg BT 354.48 579.75 Td (services. ) Tj ET Q q 0 0 0 rg BT 397.31 579.75 Td (In ) Tj ET Q q 0 0 0 rg BT 409.02 579.75 Td (addition, ) Tj ET Q q 0 0 0 rg BT 450.19 579.75 Td (in ) Tj ET Q q 0 0 0 rg BT 461.35 579.75 Td (some ) Tj ET Q q 0 0 0 rg BT 489.17 579.75 Td (jurisdictions, ) Tj ET Q q 0 0 0 rg BT 547.56 579.75 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 567.75 Td (products ) Tj ET Q q 0 0 0 rg BT 91.52 567.75 Td (and ) Tj ET Q q 0 0 0 rg BT 111.37 567.75 Td (services ) Tj ET Q q 0 0 0 rg BT 151.22 567.75 Td (have ) Tj ET Q q 0 0 0 rg BT 176.07 567.75 Td (been ) Tj ET Q q 0 0 0 rg BT 201.48 567.75 Td (subject ) Tj ET Q q 0 0 0 rg BT 236.33 567.75 Td (to ) Tj ET Q q 0 0 0 rg BT 247.84 567.75 Td (government-initiated ) Tj ET Q q 0 0 0 rg BT 341.61 567.75 Td (restrictions ) Tj ET Q q 0 0 0 rg BT 393.13 567.75 Td (or ) Tj ET Q q 0 0 0 rg BT 405.19 567.75 Td (blockages. ) Tj ET Q q 0 0 0 rg BT 456.16 567.75 Td (Such ) Tj ET Q q 0 0 0 rg BT 482.12 567.75 Td (interference ) Tj ET Q q 0 0 0 rg BT 538.10 567.75 Td (could ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 555.75 Td (result ) Tj ET Q q 0 0 0 rg BT 76.65 555.75 Td (in ) Tj ET Q q 0 0 0 rg BT 86.63 555.75 Td (a ) Tj ET Q q 0 0 0 rg BT 94.39 555.75 Td (loss ) Tj ET Q q 0 0 0 rg BT 114.37 555.75 Td (of ) Tj ET Q q 0 0 0 rg BT 124.90 555.75 Td (existing ) Tj ET Q q 0 0 0 rg BT 161.00 555.75 Td (users, ) Tj ET Q q 0 0 0 rg BT 190.43 555.75 Td (customers ) Tj ET Q q 0 0 0 rg BT 238.75 555.75 Td (and ) Tj ET Q q 0 0 0 rg BT 257.63 555.75 Td (advertisers, ) Tj ET Q q 0 0 0 rg BT 311.51 555.75 Td (goodwill, ) Tj ET Q q 0 0 0 rg BT 352.62 555.75 Td (and ) Tj ET Q q 0 0 0 rg BT 371.50 555.75 Td (increased ) Tj ET Q q 0 0 0 rg BT 417.06 555.75 Td (costs, ) Tj ET Q q 0 0 0 rg BT 445.37 555.75 Td (and ) Tj ET Q q 0 0 0 rg BT 464.25 555.75 Td (could ) Tj ET Q q 0 0 0 rg BT 490.36 555.75 Td (impair ) Tj ET Q q 0 0 0 rg BT 519.78 555.75 Td (our ) Tj ET Q q 0 0 0 rg BT 536.43 555.75 Td (ability ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 543.75 Td (to ) Tj ET Q q 0 0 0 rg BT 61.12 543.75 Td (attract ) Tj ET Q q 0 0 0 rg BT 91.68 543.75 Td (new ) Tj ET Q q 0 0 0 rg BT 112.81 543.75 Td (users, ) Tj ET Q q 0 0 0 rg BT 142.82 543.75 Td (customers ) Tj ET Q q 0 0 0 rg BT 191.72 543.75 Td (and ) Tj ET Q q 0 0 0 rg BT 211.18 543.75 Td (advertisers, ) Tj ET Q q 0 0 0 rg BT 265.64 543.75 Td (thereby ) Tj ET Q q 0 0 0 rg BT 301.78 543.75 Td (harming ) Tj ET Q q 0 0 0 rg BT 340.68 543.75 Td (our ) Tj ET Q q 0 0 0 rg BT 357.92 543.75 Td (business.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 73.00 525.75 Td (Risks ) Tj ET Q q 0 0 0 rg BT 102.46 525.75 Td (Related ) Tj ET Q q 0 0 0 rg BT 141.36 525.75 Td (to ) Tj ET Q q 0 0 0 rg BT 153.58 525.75 Td (Laws ) Tj ET Q q 0 0 0 rg BT 181.37 525.75 Td (and ) Tj ET Q q 0 0 0 rg BT 201.93 525.75 Td (Regulations ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 73.00 507.75 Td (W) Tj ET Q q 0 0 0 rg BT 82.26 507.75 Td (e ) Tj ET Q q 0 0 0 rg BT 90.54 507.75 Td (are ) Tj ET Q q 0 0 0 rg BT 108.27 507.75 Td (subject ) Tj ET Q q 0 0 0 rg BT 146.00 507.75 Td (to ) Tj ET Q q 0 0 0 rg BT 158.16 507.75 Td (increasing ) Tj ET Q q 0 0 0 rg BT 210.90 507.75 Td (regulatory ) Tj ET Q q 0 0 0 rg BT 262.52 507.75 Td (scrutiny ) Tj ET Q q 0 0 0 rg BT 304.14 507.75 Td (as ) Tj ET Q q 0 0 0 rg BT 317.98 507.75 Td (well ) Tj ET Q q 0 0 0 rg BT 339.59 507.75 Td (as ) Tj ET Q q 0 0 0 rg BT 353.43 507.75 Td (changes ) Tj ET Q q 0 0 0 rg BT 396.72 507.75 Td (in ) Tj ET Q q 0 0 0 rg BT 408.33 507.75 Td (public ) Tj ET Q q 0 0 0 rg BT 440.49 507.75 Td (policies ) Tj ET Q q 0 0 0 rg BT 480.45 507.75 Td (governing ) Tj ET Q q 0 0 0 rg BT 531.50 507.75 Td (a ) Tj ET Q q 0 0 0 rg BT 539.78 507.75 Td (wide ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 495.75 Td (range ) Tj ET Q q 0 0 0 rg BT 80.01 495.75 Td (of ) Tj ET Q q 0 0 0 rg BT 92.23 495.75 Td (topics ) Tj ET Q q 0 0 0 rg BT 124.45 495.75 Td (that ) Tj ET Q q 0 0 0 rg BT 145.56 495.75 Td (may ) Tj ET Q q 0 0 0 rg BT 168.35 495.75 Td (negatively ) Tj ET Q q 0 0 0 rg BT 220.04 495.75 Td (af) Tj ET Q q 0 0 0 rg BT 228.75 495.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 249.32 495.75 Td (our ) Tj ET Q q 0 0 0 rg BT 268.20 495.75 Td (business. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 477.75 Td (W) Tj ET Q q 0 0 0 rg BT 82.26 477.75 Td (e ) Tj ET Q q 0 0 0 rg BT 90.02 477.75 Td (and ) Tj ET Q q 0 0 0 rg BT 108.90 477.75 Td (other ) Tj ET Q q 0 0 0 rg BT 133.89 477.75 Td (companies ) Tj ET Q q 0 0 0 rg BT 184.45 477.75 Td (in ) Tj ET Q q 0 0 0 rg BT 194.44 477.75 Td (the ) Tj ET Q q 0 0 0 rg BT 210.54 477.75 Td (technology ) Tj ET Q q 0 0 0 rg BT 261.10 477.75 Td (industry ) Tj ET Q q 0 0 0 rg BT 298.32 477.75 Td (are ) Tj ET Q q 0 0 0 rg BT 314.97 477.75 Td (experiencing ) Tj ET Q q 0 0 0 rg BT 373.87 477.75 Td (increased ) Tj ET Q q 0 0 0 rg BT 419.43 477.75 Td (regulatory ) Tj ET Q q 0 0 0 rg BT 466.10 477.75 Td (scrutiny) Tj ET Q q 0 0 0 rg BT 499.81 477.75 Td (. ) Tj ET Q q 0 0 0 rg BT 504.79 477.75 Td (For ) Tj ET Q q 0 0 0 rg BT 521.99 477.75 Td (instance, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 465.75 Td (various ) Tj ET Q q 0 0 0 rg BT 83.91 465.75 Td (regulatory ) Tj ET Q q 0 0 0 rg BT 130.05 465.75 Td (agencies, ) Tj ET Q q 0 0 0 rg BT 174.53 465.75 Td (including ) Tj ET Q q 0 0 0 rg BT 215.68 465.75 Td (competition, ) Tj ET Q q 0 0 0 rg BT 271.26 465.75 Td (consumer ) Tj ET Q q 0 0 0 rg BT 316.84 465.75 Td (protection, ) Tj ET Q q 0 0 0 rg BT 365.21 465.75 Td (and ) Tj ET Q q 0 0 0 rg BT 383.57 465.75 Td (privacy ) Tj ET Q q 0 0 0 rg BT 416.92 465.75 Td (authorities, ) Tj ET Q q 0 0 0 rg BT 467.50 465.75 Td (are ) Tj ET Q q 0 0 0 rg BT 483.63 465.75 Td (reviewing ) Tj ET Q q 0 0 0 rg BT 527.54 465.75 Td (aspects ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 453.75 Td (of ) Tj ET Q q 0 0 0 rg BT 60.09 453.75 Td (our ) Tj ET Q q 0 0 0 rg BT 76.30 453.75 Td (products ) Tj ET Q q 0 0 0 rg BT 116.40 453.75 Td (and ) Tj ET Q q 0 0 0 rg BT 134.84 453.75 Td (services. ) Tj ET Q q 0 0 0 rg BT 176.04 453.75 Td (W) Tj ET Q q 0 0 0 rg BT 185.30 453.75 Td (e ) Tj ET Q q 0 0 0 rg BT 192.61 453.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 232.17 453.75 Td (to ) Tj ET Q q 0 0 0 rg BT 242.26 453.75 Td (cooperate ) Tj ET Q q 0 0 0 rg BT 288.49 453.75 Td (with ) Tj ET Q q 0 0 0 rg BT 308.03 453.75 Td (these ) Tj ET Q q 0 0 0 rg BT 334.24 453.75 Td (investigations. ) Tj ET Q q 0 0 0 rg BT 399.36 453.75 Td (Prior) Tj ET Q q 0 0 0 rg BT 419.92 453.75 Td (, ) Tj ET Q q 0 0 0 rg BT 424.45 453.75 Td (existing, ) Tj ET Q q 0 0 0 rg BT 462.89 453.75 Td (and ) Tj ET Q q 0 0 0 rg BT 481.33 453.75 Td (new ) Tj ET Q q 0 0 0 rg BT 501.42 453.75 Td (investigations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 441.75 Td (have ) Tj ET Q q 0 0 0 rg BT 74.24 441.75 Td (in ) Tj ET Q q 0 0 0 rg BT 84.58 441.75 Td (the ) Tj ET Q q 0 0 0 rg BT 101.04 441.75 Td (past ) Tj ET Q q 0 0 0 rg BT 122.50 441.75 Td (and ) Tj ET Q q 0 0 0 rg BT 141.74 441.75 Td (may ) Tj ET Q q 0 0 0 rg BT 163.19 441.75 Td (in ) Tj ET Q q 0 0 0 rg BT 173.53 441.75 Td (the ) Tj ET Q q 0 0 0 rg BT 189.99 441.75 Td (future ) Tj ET Q q 0 0 0 rg BT 218.12 441.75 Td (result ) Tj ET Q q 0 0 0 rg BT 245.13 441.75 Td (in ) Tj ET Q q 0 0 0 rg BT 255.47 441.75 Td (substantial ) Tj ET Q q 0 0 0 rg BT 305.83 441.75 Td (fines ) Tj ET Q q 0 0 0 rg BT 329.51 441.75 Td (and ) Tj ET Q q 0 0 0 rg BT 348.75 441.75 Td (penalties, ) Tj ET Q q 0 0 0 rg BT 394.12 441.75 Td (changes ) Tj ET Q q 0 0 0 rg BT 434.48 441.75 Td (to ) Tj ET Q q 0 0 0 rg BT 445.38 441.75 Td (our ) Tj ET Q q 0 0 0 rg BT 462.39 441.75 Td (products ) Tj ET Q q 0 0 0 rg BT 503.30 441.75 Td (and ) Tj ET Q q 0 0 0 rg BT 522.54 441.75 Td (services, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 429.75 Td (alterations ) Tj ET Q q 0 0 0 rg BT 99.27 429.75 Td (to ) Tj ET Q q 0 0 0 rg BT 110.74 429.75 Td (our ) Tj ET Q q 0 0 0 rg BT 128.32 429.75 Td (business ) Tj ET Q q 0 0 0 rg BT 170.92 429.75 Td (operations, ) Tj ET Q q 0 0 0 rg BT 223.53 429.75 Td (and ) Tj ET Q q 0 0 0 rg BT 243.34 429.75 Td (civil ) Tj ET Q q 0 0 0 rg BT 263.13 429.75 Td (litigation, ) Tj ET Q q 0 0 0 rg BT 305.73 429.75 Td (all ) Tj ET Q q 0 0 0 rg BT 318.87 429.75 Td (of ) Tj ET Q q 0 0 0 rg BT 330.34 429.75 Td (which ) Tj ET Q q 0 0 0 rg BT 359.03 429.75 Td (could ) Tj ET Q q 0 0 0 rg BT 386.07 429.75 Td (harm ) Tj ET Q q 0 0 0 rg BT 411.98 429.75 Td (our ) Tj ET Q q 0 0 0 rg BT 429.57 429.75 Td (business, ) Tj ET Q q 0 0 0 rg BT 474.94 429.75 Td (reputation, ) Tj ET Q q 0 0 0 rg BT 525.33 429.75 Td (financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 417.75 Td (condition, ) Tj ET Q q 0 0 0 rg BT 95.59 417.75 Td (and ) Tj ET Q q 0 0 0 rg BT 115.05 417.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 159.53 417.75 Td (results. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 399.75 Td (Changes ) Tj ET Q q 0 0 0 rg BT 114.93 399.75 Td (in ) Tj ET Q q 0 0 0 rg BT 124.61 399.75 Td (international ) Tj ET Q q 0 0 0 rg BT 180.99 399.75 Td (and ) Tj ET Q q 0 0 0 rg BT 199.58 399.75 Td (local ) Tj ET Q q 0 0 0 rg BT 222.04 399.75 Td (social, ) Tj ET Q q 0 0 0 rg BT 252.29 399.75 Td (political, ) Tj ET Q q 0 0 0 rg BT 290.31 399.75 Td (economic, ) Tj ET Q q 0 0 0 rg BT 337.79 399.75 Td (tax, ) Tj ET Q q 0 0 0 rg BT 355.81 399.75 Td (and ) Tj ET Q q 0 0 0 rg BT 374.39 399.75 Td (regulatory ) Tj ET Q q 0 0 0 rg BT 420.76 399.75 Td (conditions ) Tj ET Q q 0 0 0 rg BT 467.69 399.75 Td (or ) Tj ET Q q 0 0 0 rg BT 478.48 399.75 Td (in ) Tj ET Q q 0 0 0 rg BT 488.16 399.75 Td (laws ) Tj ET Q q 0 0 0 rg BT 510.07 399.75 Td (and ) Tj ET Q q 0 0 0 rg BT 528.65 399.75 Td (policies ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 387.75 Td (governing ) Tj ET Q q 0 0 0 rg BT 96.62 387.75 Td (a ) Tj ET Q q 0 0 0 rg BT 104.87 387.75 Td (wide ) Tj ET Q q 0 0 0 rg BT 128.13 387.75 Td (range ) Tj ET Q q 0 0 0 rg BT 156.40 387.75 Td (of ) Tj ET Q q 0 0 0 rg BT 167.44 387.75 Td (topics ) Tj ET Q q 0 0 0 rg BT 196.25 387.75 Td (may ) Tj ET Q q 0 0 0 rg BT 217.84 387.75 Td (increase ) Tj ET Q q 0 0 0 rg BT 258.33 387.75 Td (our ) Tj ET Q q 0 0 0 rg BT 275.48 387.75 Td (cost ) Tj ET Q q 0 0 0 rg BT 296.51 387.75 Td (of ) Tj ET Q q 0 0 0 rg BT 307.55 387.75 Td (doing ) Tj ET Q q 0 0 0 rg BT 334.71 387.75 Td (business, ) Tj ET Q q 0 0 0 rg BT 379.65 387.75 Td (limit ) Tj ET Q q 0 0 0 rg BT 400.12 387.75 Td (our ) Tj ET Q q 0 0 0 rg BT 417.27 387.75 Td (ability ) Tj ET Q q 0 0 0 rg BT 445.53 387.75 Td (to ) Tj ET Q q 0 0 0 rg BT 456.56 387.75 Td (pursue ) Tj ET Q q 0 0 0 rg BT 489.83 387.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 522.54 387.75 Td (business ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 375.75 Td (models ) Tj ET Q q 0 0 0 rg BT 84.90 375.75 Td (or ) Tj ET Q q 0 0 0 rg BT 96.45 375.75 Td (of) Tj ET Q q 0 0 0 rg BT 104.61 375.75 Td (fer ) Tj ET Q q 0 0 0 rg BT 118.95 375.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 151.62 375.75 Td (products ) Tj ET Q q 0 0 0 rg BT 192.64 375.75 Td (or ) Tj ET Q q 0 0 0 rg BT 204.20 375.75 Td (services, ) Tj ET Q q 0 0 0 rg BT 246.31 375.75 Td (and ) Tj ET Q q 0 0 0 rg BT 265.66 375.75 Td (cause ) Tj ET Q q 0 0 0 rg BT 295.01 375.75 Td (us ) Tj ET Q q 0 0 0 rg BT 308.23 375.75 Td (to ) Tj ET Q q 0 0 0 rg BT 319.24 375.75 Td (change ) Tj ET Q q 0 0 0 rg BT 354.71 375.75 Td (our ) Tj ET Q q 0 0 0 rg BT 371.82 375.75 Td (business ) Tj ET Q q 0 0 0 rg BT 413.95 375.75 Td (practices. ) Tj ET Q q 0 0 0 rg BT 459.41 375.75 Td (Further) Tj ET Q q 0 0 0 rg BT 491.09 375.75 Td (, ) Tj ET Q q 0 0 0 rg BT 496.53 375.75 Td (our ) Tj ET Q q 0 0 0 rg BT 513.65 375.75 Td (investment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 363.75 Td (in ) Tj ET Q q 0 0 0 rg BT 60.45 363.75 Td (a ) Tj ET Q q 0 0 0 rg BT 68.67 363.75 Td (variety ) Tj ET Q q 0 0 0 rg BT 100.79 363.75 Td (of ) Tj ET Q q 0 0 0 rg BT 111.80 363.75 Td (new ) Tj ET Q q 0 0 0 rg BT 132.81 363.75 Td (fields, ) Tj ET Q q 0 0 0 rg BT 161.59 363.75 Td (including ) Tj ET Q q 0 0 0 rg BT 203.73 363.75 Td (the ) Tj ET Q q 0 0 0 rg BT 220.30 363.75 Td (health ) Tj ET Q q 0 0 0 rg BT 250.21 363.75 Td (industry ) Tj ET Q q 0 0 0 rg BT 287.89 363.75 Td (and ) Tj ET Q q 0 0 0 rg BT 307.23 363.75 Td (payment ) Tj ET Q q 0 0 0 rg BT 348.25 363.75 Td (services, ) Tj ET Q q 0 0 0 rg BT 390.37 363.75 Td (also ) Tj ET Q q 0 0 0 rg BT 411.38 363.75 Td (raises ) Tj ET Q q 0 0 0 rg BT 440.72 363.75 Td (a ) Tj ET Q q 0 0 0 rg BT 448.95 363.75 Td (number ) Tj ET Q q 0 0 0 rg BT 485.52 363.75 Td (of ) Tj ET Q q 0 0 0 rg BT 496.52 363.75 Td (new ) Tj ET Q q 0 0 0 rg BT 517.53 363.75 Td (regulatory ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 351.75 Td (issues. ) Tj ET Q q 0 0 0 rg BT 83.72 351.75 Td (These ) Tj ET Q q 0 0 0 rg BT 114.29 351.75 Td (factors ) Tj ET Q q 0 0 0 rg BT 147.08 351.75 Td (could ) Tj ET Q q 0 0 0 rg BT 173.76 351.75 Td (harm ) Tj ET Q q 0 0 0 rg BT 199.33 351.75 Td (our ) Tj ET Q q 0 0 0 rg BT 216.56 351.75 Td (business ) Tj ET Q q 0 0 0 rg BT 258.80 351.75 Td (and ) Tj ET Q q 0 0 0 rg BT 278.27 351.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 322.74 351.75 Td (results ) Tj ET Q q 0 0 0 rg BT 354.98 351.75 Td (in ) Tj ET Q q 0 0 0 rg BT 365.54 351.75 Td (material ) Tj ET Q q 0 0 0 rg BT 403.88 351.75 Td (ways.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 73.00 333.75 Td (A) Tj ET Q q 0 0 0 rg BT 79.85 333.75 Td ( ) Tj ET Q q 0 0 0 rg BT 82.63 333.75 Td (variety ) Tj ET Q q 0 0 0 rg BT 117.65 333.75 Td (of ) Tj ET Q q 0 0 0 rg BT 129.87 333.75 Td (new ) Tj ET Q q 0 0 0 rg BT 152.10 333.75 Td (and ) Tj ET Q q 0 0 0 rg BT 172.65 333.75 Td (existing ) Tj ET Q q 0 0 0 rg BT 213.22 333.75 Td (laws ) Tj ET Q q 0 0 0 rg BT 237.68 333.75 Td (and/or ) Tj ET Q q 0 0 0 rg BT 271.01 333.75 Td (interpretations ) Tj ET Q q 0 0 0 rg BT 343.80 333.75 Td (could ) Tj ET Q q 0 0 0 rg BT 373.24 333.75 Td (harm ) Tj ET Q q 0 0 0 rg BT 400.48 333.75 Td (our ) Tj ET Q q 0 0 0 rg BT 419.36 333.75 Td (business.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 315.75 Td (W) Tj ET Q q 0 0 0 rg BT 82.26 315.75 Td (e ) Tj ET Q q 0 0 0 rg BT 90.96 315.75 Td (are ) Tj ET Q q 0 0 0 rg BT 108.55 315.75 Td (subject ) Tj ET Q q 0 0 0 rg BT 143.38 315.75 Td (to ) Tj ET Q q 0 0 0 rg BT 154.86 315.75 Td (numerous ) Tj ET Q q 0 0 0 rg BT 202.47 315.75 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 225.06 315.75 Td (and ) Tj ET Q q 0 0 0 rg BT 244.88 315.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 278.60 315.75 Td (laws ) Tj ET Q q 0 0 0 rg BT 301.74 315.75 Td (and ) Tj ET Q q 0 0 0 rg BT 321.57 315.75 Td (regulations ) Tj ET Q q 0 0 0 rg BT 373.63 315.75 Td (covering ) Tj ET Q q 0 0 0 rg BT 414.57 315.75 Td (a ) Tj ET Q q 0 0 0 rg BT 423.27 315.75 Td (wide ) Tj ET Q q 0 0 0 rg BT 446.98 315.75 Td (variety ) Tj ET Q q 0 0 0 rg BT 479.57 315.75 Td (of ) Tj ET Q q 0 0 0 rg BT 491.05 315.75 Td (subject ) Tj ET Q q 0 0 0 rg BT 525.88 315.75 Td (matters. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 303.75 Td (New ) Tj ET Q q 0 0 0 rg BT 74.73 303.75 Td (laws ) Tj ET Q q 0 0 0 rg BT 99.46 303.75 Td (and ) Tj ET Q q 0 0 0 rg BT 120.88 303.75 Td (regulations ) Tj ET Q q 0 0 0 rg BT 174.53 303.75 Td (\(or ) Tj ET Q q 0 0 0 rg BT 191.47 303.75 Td (new ) Tj ET Q q 0 0 0 rg BT 214.55 303.75 Td (interpretations ) Tj ET Q q 0 0 0 rg BT 282.64 303.75 Td (or ) Tj ET Q q 0 0 0 rg BT 296.26 303.75 Td (applications ) Tj ET Q q 0 0 0 rg BT 353.80 303.75 Td (of ) Tj ET Q q 0 0 0 rg BT 366.87 303.75 Td (existing ) Tj ET Q q 0 0 0 rg BT 405.50 303.75 Td (laws ) Tj ET Q q 0 0 0 rg BT 430.24 303.75 Td (and ) Tj ET Q q 0 0 0 rg BT 451.65 303.75 Td (regulations ) Tj ET Q q 0 0 0 rg BT 505.30 303.75 Td (in ) Tj ET Q q 0 0 0 rg BT 517.81 303.75 Td (a ) Tj ET Q q 0 0 0 rg BT 528.10 303.75 Td (manner ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 291.75 Td (inconsistent ) Tj ET Q q 0 0 0 rg BT 106.35 291.75 Td (with ) Tj ET Q q 0 0 0 rg BT 127.67 291.75 Td (our ) Tj ET Q q 0 0 0 rg BT 145.66 291.75 Td (practices\) ) Tj ET Q q 0 0 0 rg BT 192.54 291.75 Td (may ) Tj ET Q q 0 0 0 rg BT 214.97 291.75 Td (make ) Tj ET Q q 0 0 0 rg BT 242.96 291.75 Td (our ) Tj ET Q q 0 0 0 rg BT 260.95 291.75 Td (products ) Tj ET Q q 0 0 0 rg BT 302.85 291.75 Td (and ) Tj ET Q q 0 0 0 rg BT 323.07 291.75 Td (services ) Tj ET Q q 0 0 0 rg BT 363.28 291.75 Td (less ) Tj ET Q q 0 0 0 rg BT 384.60 291.75 Td (useful, ) Tj ET Q q 0 0 0 rg BT 417.60 291.75 Td (limit ) Tj ET Q q 0 0 0 rg BT 438.92 291.75 Td (our ) Tj ET Q q 0 0 0 rg BT 456.91 291.75 Td (ability ) Tj ET Q q 0 0 0 rg BT 486.01 291.75 Td (to ) Tj ET Q q 0 0 0 rg BT 497.89 291.75 Td (pursue ) Tj ET Q q 0 0 0 rg BT 532.00 291.75 Td (certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 279.75 Td (business ) Tj ET Q q 0 0 0 rg BT 91.28 279.75 Td (models ) Tj ET Q q 0 0 0 rg BT 125.33 279.75 Td (or ) Tj ET Q q 0 0 0 rg BT 136.03 279.75 Td (of) Tj ET Q q 0 0 0 rg BT 144.19 279.75 Td (fer ) Tj ET Q q 0 0 0 rg BT 157.67 279.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 189.50 279.75 Td (products ) Tj ET Q q 0 0 0 rg BT 229.67 279.75 Td (and ) Tj ET Q q 0 0 0 rg BT 248.17 279.75 Td (services, ) Tj ET Q q 0 0 0 rg BT 289.43 279.75 Td (require ) Tj ET Q q 0 0 0 rg BT 322.37 279.75 Td (us ) Tj ET Q q 0 0 0 rg BT 334.75 279.75 Td (to ) Tj ET Q q 0 0 0 rg BT 344.90 279.75 Td (incur ) Tj ET Q q 0 0 0 rg BT 368.39 279.75 Td (substantial ) Tj ET Q q 0 0 0 rg BT 418.01 279.75 Td (costs, ) Tj ET Q q 0 0 0 rg BT 445.94 279.75 Td (expose ) Tj ET Q q 0 0 0 rg BT 480.00 279.75 Td (us ) Tj ET Q q 0 0 0 rg BT 492.37 279.75 Td (to ) Tj ET Q q 0 0 0 rg BT 502.52 279.75 Td (unanticipated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 267.75 Td (civil ) Tj ET Q q 0 0 0 rg BT 69.72 267.75 Td (or ) Tj ET Q q 0 0 0 rg BT 81.66 267.75 Td (criminal ) Tj ET Q q 0 0 0 rg BT 119.16 267.75 Td (liability) Tj ET Q q 0 0 0 rg BT 148.42 267.75 Td (, ) Tj ET Q q 0 0 0 rg BT 154.25 267.75 Td (or ) Tj ET Q q 0 0 0 rg BT 166.20 267.75 Td (cause ) Tj ET Q q 0 0 0 rg BT 195.93 267.75 Td (us ) Tj ET Q q 0 0 0 rg BT 209.54 267.75 Td (to ) Tj ET Q q 0 0 0 rg BT 220.93 267.75 Td (change ) Tj ET Q q 0 0 0 rg BT 256.79 267.75 Td (our ) Tj ET Q q 0 0 0 rg BT 274.30 267.75 Td (business ) Tj ET Q q 0 0 0 rg BT 316.82 267.75 Td (practices. ) Tj ET Q q 0 0 0 rg BT 362.46 267.75 Td (These ) Tj ET Q q 0 0 0 rg BT 393.30 267.75 Td (laws ) Tj ET Q q 0 0 0 rg BT 416.36 267.75 Td (and ) Tj ET Q q 0 0 0 rg BT 436.10 267.75 Td (regulations ) Tj ET Q q 0 0 0 rg BT 488.07 267.75 Td (are ) Tj ET Q q 0 0 0 rg BT 505.57 267.75 Td (evolving ) Tj ET Q q 0 0 0 rg BT 545.31 267.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 255.75 Td (involve ) Tj ET Q q 0 0 0 rg BT 83.91 255.75 Td (matters ) Tj ET Q q 0 0 0 rg BT 120.02 255.75 Td (central ) Tj ET Q q 0 0 0 rg BT 152.82 255.75 Td (to ) Tj ET Q q 0 0 0 rg BT 163.94 255.75 Td (our ) Tj ET Q q 0 0 0 rg BT 181.17 255.75 Td (business, ) Tj ET Q q 0 0 0 rg BT 226.19 255.75 Td (including, ) Tj ET Q q 0 0 0 rg BT 271.22 255.75 Td (among ) Tj ET Q q 0 0 0 rg BT 304.58 255.75 Td (others:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 237.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 237.75 Td (Competition ) Tj ET Q q 0 0 0 rg BT 142.14 237.75 Td (laws ) Tj ET Q q 0 0 0 rg BT 164.92 237.75 Td (and ) Tj ET Q q 0 0 0 rg BT 184.38 237.75 Td (regulations ) Tj ET Q q 0 0 0 rg BT 236.08 237.75 Td (around ) Tj ET Q q 0 0 0 rg BT 270.00 237.75 Td (the ) Tj ET Q q 0 0 0 rg BT 286.68 237.75 Td (world.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 219.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 219.75 Td (Privacy ) Tj ET Q q 0 0 0 rg BT 121.61 219.75 Td (laws, ) Tj ET Q q 0 0 0 rg BT 147.23 219.75 Td (such ) Tj ET Q q 0 0 0 rg BT 171.18 219.75 Td (as ) Tj ET Q q 0 0 0 rg BT 184.58 219.75 Td (the ) Tj ET Q q 0 0 0 rg BT 201.31 219.75 Td (California ) Tj ET Q q 0 0 0 rg BT 246.38 219.75 Td (Consumer ) Tj ET Q q 0 0 0 rg BT 295.34 219.75 Td (Privacy ) Tj ET Q q 0 0 0 rg BT 330.39 219.75 Td (Act ) Tj ET Q q 0 0 0 rg BT 347.67 219.75 Td (of ) Tj ET Q q 0 0 0 rg BT 358.84 219.75 Td (2018 ) Tj ET Q q 0 0 0 rg BT 383.92 219.75 Td (that ) Tj ET Q q 0 0 0 rg BT 403.43 219.75 Td (came ) Tj ET Q q 0 0 0 rg BT 430.71 219.75 Td (into ) Tj ET Q q 0 0 0 rg BT 449.67 219.75 Td (ef) Tj ET Q q 0 0 0 rg BT 457.83 219.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 476.78 219.75 Td (in ) Tj ET Q q 0 0 0 rg BT 487.39 219.75 Td (January ) Tj ET Q q 0 0 0 rg BT 525.80 219.75 Td (of ) Tj ET Q q 0 0 0 rg BT 536.97 219.75 Td (2020, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 207.75 Td (which ) Tj ET Q q 0 0 0 rg BT 115.28 207.75 Td (gives ) Tj ET Q q 0 0 0 rg BT 142.35 207.75 Td (new ) Tj ET Q q 0 0 0 rg BT 164.41 207.75 Td (data ) Tj ET Q q 0 0 0 rg BT 187.59 207.75 Td (privacy ) Tj ET Q q 0 0 0 rg BT 222.98 207.75 Td (rights ) Tj ET Q q 0 0 0 rg BT 251.16 207.75 Td (to ) Tj ET Q q 0 0 0 rg BT 263.21 207.75 Td (California ) Tj ET Q q 0 0 0 rg BT 309.17 207.75 Td (residents, ) Tj ET Q q 0 0 0 rg BT 356.25 207.75 Td (and ) Tj ET Q q 0 0 0 rg BT 376.65 207.75 Td (SB-327 ) Tj ET Q q 0 0 0 rg BT 413.72 207.75 Td (in ) Tj ET Q q 0 0 0 rg BT 425.22 207.75 Td (California, ) Tj ET Q q 0 0 0 rg BT 473.96 207.75 Td (which ) Tj ET Q q 0 0 0 rg BT 503.25 207.75 Td (regulates ) Tj ET Q q 0 0 0 rg BT 548.10 207.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 195.75 Td (security ) Tj ET Q q 0 0 0 rg BT 123.23 195.75 Td (of ) Tj ET Q q 0 0 0 rg BT 134.35 195.75 Td (data ) Tj ET Q q 0 0 0 rg BT 156.59 195.75 Td (in ) Tj ET Q q 0 0 0 rg BT 167.15 195.75 Td (connection ) Tj ET Q q 0 0 0 rg BT 218.30 195.75 Td (with ) Tj ET Q q 0 0 0 rg BT 238.86 195.75 Td (internet ) Tj ET Q q 0 0 0 rg BT 274.99 195.75 Td (connected ) Tj ET Q q 0 0 0 rg BT 323.92 195.75 Td (devices.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 177.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 177.75 Td (Data ) Tj ET Q q 0 0 0 rg BT 109.74 177.75 Td (protection ) Tj ET Q q 0 0 0 rg BT 156.27 177.75 Td (laws ) Tj ET Q q 0 0 0 rg BT 178.89 177.75 Td (passed ) Tj ET Q q 0 0 0 rg BT 213.76 177.75 Td (by ) Tj ET Q q 0 0 0 rg BT 226.94 177.75 Td (many ) Tj ET Q q 0 0 0 rg BT 254.00 177.75 Td (states ) Tj ET Q q 0 0 0 rg BT 283.30 177.75 Td (within ) Tj ET Q q 0 0 0 rg BT 311.48 177.75 Td (the ) Tj ET Q q 0 0 0 rg BT 328.00 177.75 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 350.07 177.75 Td (and ) Tj ET Q q 0 0 0 rg BT 369.37 177.75 Td (by ) Tj ET Q q 0 0 0 rg BT 382.55 177.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 415.18 177.75 Td (countries ) Tj ET Q q 0 0 0 rg BT 458.37 177.75 Td (regarding ) Tj ET Q q 0 0 0 rg BT 503.24 177.75 Td (notification ) Tj ET Q q 0 0 0 rg BT 553.66 177.75 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 165.75 Td (data ) Tj ET Q q 0 0 0 rg BT 108.24 165.75 Td (subjects ) Tj ET Q q 0 0 0 rg BT 147.70 165.75 Td (and/or ) Tj ET Q q 0 0 0 rg BT 178.84 165.75 Td (regulators ) Tj ET Q q 0 0 0 rg BT 226.08 165.75 Td (when ) Tj ET Q q 0 0 0 rg BT 252.77 165.75 Td (there ) Tj ET Q q 0 0 0 rg BT 278.34 165.75 Td (is ) Tj ET Q q 0 0 0 rg BT 288.34 165.75 Td (a ) Tj ET Q q 0 0 0 rg BT 296.68 165.75 Td (security ) Tj ET Q q 0 0 0 rg BT 333.91 165.75 Td (breach ) Tj ET Q q 0 0 0 rg BT 367.26 165.75 Td (of ) Tj ET Q q 0 0 0 rg BT 378.38 165.75 Td (personal ) Tj ET Q q 0 0 0 rg BT 419.52 165.75 Td (data.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 147.75 Td (?) 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Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 69.75 Td (Data ) Tj ET Q q 0 0 0 rg BT 109.70 69.75 Td (localization ) Tj ET Q q 0 0 0 rg BT 161.76 69.75 Td (laws, ) Tj ET Q q 0 0 0 rg BT 187.12 69.75 Td (which ) Tj ET Q q 0 0 0 rg BT 215.27 69.75 Td (generally ) Tj ET Q q 0 0 0 rg BT 258.43 69.75 Td (mandate ) Tj ET Q q 0 0 0 rg BT 299.93 69.75 Td (that ) Tj ET Q q 0 0 0 rg BT 319.19 69.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 351.79 69.75 Td (types ) Tj ET Q q 0 0 0 rg BT 378.27 69.75 Td (of ) Tj ET Q q 0 0 0 rg BT 389.19 69.75 Td (data ) Tj ET Q q 0 0 0 rg BT 411.24 69.75 Td (collected ) Tj ET Q q 0 0 0 rg BT 453.29 69.75 Td (in ) Tj ET Q q 0 0 0 rg BT 463.65 69.75 Td (a ) Tj ET Q q 0 0 0 rg BT 471.79 69.75 Td (particular ) Tj ET Q q 0 0 0 rg BT 515.50 69.75 Td (country ) Tj ET Q q 0 0 0 rg BT 550.88 69.75 Td (be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 57.75 Td (stored ) Tj ET Q q 0 0 0 rg BT 116.57 57.75 Td (and/or ) Tj ET Q q 0 0 0 rg BT 147.70 57.75 Td (processed ) Tj ET Q q 0 0 0 rg BT 196.62 57.75 Td (within ) Tj ET Q q 0 0 0 rg BT 224.96 57.75 Td (that ) Tj ET Q q 0 0 0 rg BT 244.42 57.75 Td (country) Tj ET Q q 0 0 0 rg BT 276.47 57.75 Td (.) Tj ET Q endstream endobj 35 0 obj <>] /Rotate 0 /Contents 36 0 R>> endobj 36 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 53 767.11455078125 m 123.04443359375 767.11455078125 l s q 0 0 1 rg BT 53.00 768.40 Td (T) Tj ET Q q 0 0 1 rg BT 57.50 768.40 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.396078431372549 0.396078431372549 0.396078431372549 rg BT 500.45 768.40 Td (Alphabet Inc.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.40 31.25 Td (16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 741.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 741.75 Td (V) Tj ET Q q 0 0 0 rg BT 91.93 741.75 Td (arious ) Tj ET Q q 0 0 0 rg BT 122.34 741.75 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 144.96 741.75 Td (and ) Tj ET Q q 0 0 0 rg BT 164.82 741.75 Td (international ) Tj ET Q q 0 0 0 rg BT 222.47 741.75 Td (laws ) Tj ET Q q 0 0 0 rg BT 245.65 741.75 Td (that ) Tj ET Q q 0 0 0 rg BT 265.50 741.75 Td (govern ) Tj ET Q q 0 0 0 rg BT 299.25 741.75 Td (the ) Tj ET Q q 0 0 0 rg BT 316.32 741.75 Td (distribution ) Tj ET Q q 0 0 0 rg BT 367.86 741.75 Td (of ) Tj ET Q q 0 0 0 rg BT 379.37 741.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 412.56 741.75 Td (materials ) Tj ET Q q 0 0 0 rg BT 456.30 741.75 Td (to ) Tj ET Q q 0 0 0 rg BT 467.81 741.75 Td (children ) Tj ET Q q 0 0 0 rg BT 506.00 741.75 Td (and ) Tj ET Q q 0 0 0 rg BT 525.86 741.75 Td (regulate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 729.75 Td (the ) Tj ET Q q 0 0 0 rg BT 102.68 729.75 Td (ability ) Tj ET Q q 0 0 0 rg BT 131.02 729.75 Td (of ) Tj ET Q q 0 0 0 rg BT 142.14 729.75 Td (online ) Tj ET Q q 0 0 0 rg BT 171.61 729.75 Td (services ) Tj ET Q q 0 0 0 rg BT 211.06 729.75 Td (to ) Tj ET Q q 0 0 0 rg BT 222.18 729.75 Td (collect ) Tj ET Q q 0 0 0 rg BT 253.30 729.75 Td (information ) Tj ET Q q 0 0 0 rg BT 305.55 729.75 Td (from ) Tj ET Q q 0 0 0 rg BT 328.33 729.75 Td (minors.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 711.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 711.75 Td (V) Tj ET Q q 0 0 0 rg BT 91.93 711.75 Td (arious ) Tj ET Q q 0 0 0 rg BT 121.44 711.75 Td (laws ) Tj ET Q q 0 0 0 rg BT 143.73 711.75 Td (with ) Tj ET Q q 0 0 0 rg BT 163.79 711.75 Td (regard ) Tj ET Q q 0 0 0 rg BT 194.98 711.75 Td (to ) Tj ET Q q 0 0 0 rg BT 205.59 711.75 Td (content ) Tj ET Q q 0 0 0 rg BT 240.68 711.75 Td (removal ) Tj ET Q q 0 0 0 rg BT 278.52 711.75 Td (and ) Tj ET Q q 0 0 0 rg BT 297.49 711.75 Td (disclosure ) Tj ET Q q 0 0 0 rg BT 344.79 711.75 Td (obligations, ) Tj ET Q q 0 0 0 rg BT 397.66 711.75 Td (such ) Tj ET Q q 0 0 0 rg BT 421.06 711.75 Td (as ) Tj ET Q q 0 0 0 rg BT 433.90 711.75 Td (the ) Tj ET Q q 0 0 0 rg BT 450.08 711.75 Td (Network ) Tj ET Q q 0 0 0 rg BT 489.03 711.75 Td (Enforcement ) Tj ET Q q 0 0 0 rg BT 547.55 711.75 Td (Act ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 699.75 Td (in ) Tj ET Q q 0 0 0 rg BT 96.76 699.75 Td (Germany) Tj ET Q q 0 0 0 rg BT 137.14 699.75 Td (, ) Tj ET Q q 0 0 0 rg BT 142.89 699.75 Td (which ) Tj ET Q q 0 0 0 rg BT 171.43 699.75 Td (may ) Tj ET Q q 0 0 0 rg BT 193.30 699.75 Td (af) Tj ET Q q 0 0 0 rg BT 201.46 699.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 220.55 699.75 Td (our ) Tj ET Q q 0 0 0 rg BT 237.98 699.75 Td (businesses ) Tj ET Q q 0 0 0 rg BT 290.99 699.75 Td (and ) Tj ET Q q 0 0 0 rg BT 310.65 699.75 Td (operations ) Tj ET Q q 0 0 0 rg BT 360.32 699.75 Td (and ) Tj ET Q q 0 0 0 rg BT 379.98 699.75 Td (may ) Tj ET Q q 0 0 0 rg BT 401.85 699.75 Td (subject ) Tj ET Q q 0 0 0 rg BT 436.51 699.75 Td (us ) Tj ET Q q 0 0 0 rg BT 450.04 699.75 Td (to ) Tj ET Q q 0 0 0 rg BT 461.36 699.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 508.80 699.75 Td (fines ) Tj ET Q q 0 0 0 rg BT 532.90 699.75 Td (if ) Tj ET Q q 0 0 0 rg BT 540.87 699.75 Td (such ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 687.75 Td (laws ) Tj ET Q q 0 0 0 rg BT 108.73 687.75 Td (are ) Tj ET Q q 0 0 0 rg BT 125.91 687.75 Td (interpreted ) Tj ET Q q 0 0 0 rg BT 176.44 687.75 Td (and ) Tj ET Q q 0 0 0 rg BT 195.85 687.75 Td (applied ) Tj ET Q q 0 0 0 rg BT 230.83 687.75 Td (in ) Tj ET Q q 0 0 0 rg BT 241.34 687.75 Td (a ) Tj ET Q q 0 0 0 rg BT 249.63 687.75 Td (manner ) Tj ET Q q 0 0 0 rg BT 286.26 687.75 Td (inconsistent ) Tj ET Q q 0 0 0 rg BT 341.79 687.75 Td (with ) Tj ET Q q 0 0 0 rg BT 362.30 687.75 Td (our ) Tj ET Q q 0 0 0 rg BT 379.48 687.75 Td (practices ) Tj ET Q q 0 0 0 rg BT 422.22 687.75 Td (or ) Tj ET Q q 0 0 0 rg BT 433.83 687.75 Td (when ) Tj ET Q q 0 0 0 rg BT 460.47 687.75 Td (we ) Tj ET Q q 0 0 0 rg BT 475.98 687.75 Td (may ) Tj ET Q q 0 0 0 rg BT 497.59 687.75 Td (not ) Tj ET Q q 0 0 0 rg BT 514.22 687.75 Td (proactively ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 675.75 Td (discover ) Tj ET Q q 0 0 0 rg BT 125.44 675.75 Td (such ) Tj ET Q q 0 0 0 rg BT 148.76 675.75 Td (content ) Tj ET Q q 0 0 0 rg BT 183.76 675.75 Td (due ) Tj ET Q q 0 0 0 rg BT 202.64 675.75 Td (to ) Tj ET Q q 0 0 0 rg BT 213.18 675.75 Td (the ) Tj ET Q q 0 0 0 rg BT 229.28 675.75 Td (scale ) Tj ET Q q 0 0 0 rg BT 254.83 675.75 Td (of ) Tj ET Q q 0 0 0 rg BT 265.37 675.75 Td (third-party ) Tj ET Q q 0 0 0 rg BT 312.58 675.75 Td (content ) Tj ET Q q 0 0 0 rg BT 347.58 675.75 Td (and ) Tj ET Q q 0 0 0 rg BT 366.47 675.75 Td (the ) Tj ET Q q 0 0 0 rg BT 382.57 675.75 Td (limitations ) Tj ET Q q 0 0 0 rg BT 429.22 675.75 Td (of ) Tj ET Q q 0 0 0 rg BT 439.76 675.75 Td (existing ) Tj ET Q q 0 0 0 rg BT 475.87 675.75 Td (technologies. ) Tj ET Q q 0 0 0 rg BT 537.00 675.75 Td (Other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 663.75 Td (countries, ) Tj ET Q q 0 0 0 rg BT 133.42 663.75 Td (including ) Tj ET Q q 0 0 0 rg BT 176.96 663.75 Td (Singapore, ) Tj ET Q q 0 0 0 rg BT 228.58 663.75 Td (Australia, ) Tj ET Q q 0 0 0 rg BT 274.33 663.75 Td (and ) Tj ET Q q 0 0 0 rg BT 295.08 663.75 Td (the ) Tj ET Q q 0 0 0 rg BT 313.05 663.75 Td (United ) Tj ET Q q 0 0 0 rg BT 346.02 663.75 Td (Kingdom, ) Tj ET Q q 0 0 0 rg BT 392.33 663.75 Td (have ) Tj ET Q q 0 0 0 rg BT 418.08 663.75 Td (implemented ) Tj ET Q q 0 0 0 rg BT 479.39 663.75 Td (or ) Tj ET Q q 0 0 0 rg BT 492.35 663.75 Td (are ) Tj ET Q q 0 0 0 rg BT 510.87 663.75 Td (considering ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 651.75 Td (similar ) Tj ET Q q 0 0 0 rg BT 117.67 651.75 Td (legislation ) Tj ET Q q 0 0 0 rg BT 164.92 651.75 Td (imposing ) Tj ET Q q 0 0 0 rg BT 207.71 651.75 Td (penalties ) Tj ET Q q 0 0 0 rg BT 250.52 651.75 Td (for ) Tj ET Q q 0 0 0 rg BT 264.97 651.75 Td (failure ) Tj ET Q q 0 0 0 rg BT 294.98 651.75 Td (to ) Tj ET Q q 0 0 0 rg BT 306.10 651.75 Td (remove ) Tj ET Q q 0 0 0 rg BT 342.23 651.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 375.02 651.75 Td (types ) Tj ET Q q 0 0 0 rg BT 401.70 651.75 Td (of ) Tj ET Q q 0 0 0 rg BT 412.82 651.75 Td (content.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 633.75 Td (In ) Tj ET Q q 0 0 0 rg BT 84.47 633.75 Td (addition, ) Tj ET Q q 0 0 0 rg BT 125.40 633.75 Td (the ) Tj ET Q q 0 0 0 rg BT 142.43 633.75 Td (applicability ) Tj ET Q q 0 0 0 rg BT 197.26 633.75 Td (and ) Tj ET Q q 0 0 0 rg BT 217.07 633.75 Td (scope ) Tj ET Q q 0 0 0 rg BT 246.88 633.75 Td (of ) Tj ET Q q 0 0 0 rg BT 258.35 633.75 Td (these ) Tj ET Q q 0 0 0 rg BT 285.94 633.75 Td (laws, ) Tj ET Q q 0 0 0 rg BT 311.85 633.75 Td (as ) Tj ET Q q 0 0 0 rg BT 325.54 633.75 Td (interpreted ) Tj ET Q q 0 0 0 rg BT 376.48 633.75 Td (by ) Tj ET Q q 0 0 0 rg BT 390.17 633.75 Td (the ) Tj ET Q q 0 0 0 rg BT 407.20 633.75 Td (courts, ) Tj ET Q q 0 0 0 rg BT 440.34 633.75 Td (remain ) Tj ET Q q 0 0 0 rg BT 474.03 633.75 Td (uncertain ) Tj ET Q q 0 0 0 rg BT 518.30 633.75 Td (and ) Tj ET Q q 0 0 0 rg BT 538.11 633.75 Td (could ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 621.75 Td (harm ) Tj ET Q q 0 0 0 rg BT 75.56 621.75 Td (our ) Tj ET Q q 0 0 0 rg BT 92.79 621.75 Td (business. ) Tj ET Q q 0 0 0 rg BT 137.82 621.75 Td (For ) Tj ET Q q 0 0 0 rg BT 155.60 621.75 Td (example: ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 603.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 603.75 Td (W) Tj ET Q q 0 0 0 rg BT 95.26 603.75 Td (e ) Tj ET Q q 0 0 0 rg BT 103.26 603.75 Td (rely ) Tj ET Q q 0 0 0 rg BT 121.82 603.75 Td (on ) Tj ET Q q 0 0 0 rg BT 135.39 603.75 Td (statutory ) Tj ET Q q 0 0 0 rg BT 176.18 603.75 Td (safe ) Tj ET Q q 0 0 0 rg BT 197.53 603.75 Td (harbors, ) Tj ET Q q 0 0 0 rg BT 236.66 603.75 Td (as ) Tj ET Q q 0 0 0 rg BT 249.67 603.75 Td (set ) Tj ET Q q 0 0 0 rg BT 265.45 603.75 Td (forth ) Tj ET Q q 0 0 0 rg BT 287.91 603.75 Td (in ) Tj ET Q q 0 0 0 rg BT 298.13 603.75 Td (the ) Tj ET Q q 0 0 0 rg BT 314.48 603.75 Td (Digital ) Tj ET Q q 0 0 0 rg BT 344.71 603.75 Td (Millennium ) Tj ET Q q 0 0 0 rg BT 394.95 603.75 Td (Copyright ) Tj ET Q q 0 0 0 rg BT 439.71 603.75 Td (Act ) Tj ET Q q 0 0 0 rg BT 456.60 603.75 Td (in ) Tj ET Q q 0 0 0 rg BT 466.83 603.75 Td (the ) Tj ET Q q 0 0 0 rg BT 483.17 603.75 Td (United ) Tj ET Q q 0 0 0 rg BT 514.53 603.75 Td (States ) Tj ET Q q 0 0 0 rg BT 545.32 603.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 591.75 Td (the ) Tj ET Q q 0 0 0 rg BT 104.32 591.75 Td (E-Commerce ) Tj ET Q q 0 0 0 rg BT 167.64 591.75 Td (Directive ) Tj ET Q q 0 0 0 rg BT 210.95 591.75 Td (in ) Tj ET Q q 0 0 0 rg BT 223.16 591.75 Td (Europe, ) Tj ET Q q 0 0 0 rg BT 262.60 591.75 Td (against ) Tj ET Q q 0 0 0 rg BT 299.26 591.75 Td (copyright ) Tj ET Q q 0 0 0 rg BT 344.26 591.75 Td (liability ) Tj ET Q q 0 0 0 rg BT 378.69 591.75 Td (for ) Tj ET Q q 0 0 0 rg BT 394.78 591.75 Td (various ) Tj ET Q q 0 0 0 rg BT 431.43 591.75 Td (linking, ) Tj ET Q q 0 0 0 rg BT 466.98 591.75 Td (caching, ) Tj ET Q q 0 0 0 rg BT 508.65 591.75 Td (and ) Tj ET Q q 0 0 0 rg BT 529.75 591.75 Td (hosting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 579.75 Td (activities. ) Tj ET Q q 0 0 0 rg BT 129.35 579.75 Td (Any ) Tj ET Q q 0 0 0 rg BT 149.36 579.75 Td (legislation ) Tj ET Q q 0 0 0 rg BT 196.61 579.75 Td (or ) Tj ET Q q 0 0 0 rg BT 208.28 579.75 Td (court ) Tj ET Q q 0 0 0 rg BT 233.29 579.75 Td (rulings ) Tj ET Q q 0 0 0 rg BT 265.53 579.75 Td (af) Tj ET Q q 0 0 0 rg BT 273.69 579.75 Td (fecting ) Tj ET Q q 0 0 0 rg BT 305.93 579.75 Td (these ) Tj ET Q q 0 0 0 rg BT 333.17 579.75 Td (safe ) Tj ET Q q 0 0 0 rg BT 354.85 579.75 Td (harbors ) Tj ET Q q 0 0 0 rg BT 391.53 579.75 Td (may ) Tj ET Q q 0 0 0 rg BT 413.20 579.75 Td (adversely ) Tj ET Q q 0 0 0 rg BT 458.78 579.75 Td (af) Tj ET Q q 0 0 0 rg BT 466.94 579.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 485.83 579.75 Td (us.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 561.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 561.75 Td (Court ) Tj ET Q q 0 0 0 rg BT 112.89 561.75 Td (decisions ) Tj ET Q q 0 0 0 rg BT 157.02 561.75 Td (such ) Tj ET Q q 0 0 0 rg BT 180.58 561.75 Td (as ) Tj ET Q q 0 0 0 rg BT 193.58 561.75 Td (the ) Tj ET Q q 0 0 0 rg BT 209.92 561.75 Td (judgment ) Tj ET Q q 0 0 0 rg BT 253.49 561.75 Td (of ) Tj ET Q q 0 0 0 rg BT 264.27 561.75 Td (the ) Tj ET Q q 0 0 0 rg BT 280.61 561.75 Td (Court ) Tj ET Q q 0 0 0 rg BT 307.50 561.75 Td (of ) Tj ET Q q 0 0 0 rg BT 318.28 561.75 Td (Justice ) Tj ET Q q 0 0 0 rg BT 351.84 561.75 Td (of ) Tj ET Q q 0 0 0 rg BT 362.62 561.75 Td (the ) Tj ET Q q 0 0 0 rg BT 378.96 561.75 Td (European ) Tj ET Q q 0 0 0 rg BT 424.77 561.75 Td (Union ) Tj ET Q q 0 0 0 rg BT 453.33 561.75 Td (\(CJEU\) ) Tj ET Q q 0 0 0 rg BT 488.54 561.75 Td (on ) Tj ET Q q 0 0 0 rg BT 502.10 561.75 Td (May ) Tj ET Q q 0 0 0 rg BT 523.43 561.75 Td (13, ) Tj ET Q q 0 0 0 rg BT 539.77 561.75 Td (2014 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 549.75 Td (on ) Tj ET Q q 0 0 0 rg BT 100.53 549.75 Td (the ) Tj ET Q q 0 0 0 rg BT 117.83 549.75 Td (‘right ) Tj ET Q q 0 0 0 rg BT 142.91 549.75 Td (to ) Tj ET Q q 0 0 0 rg BT 154.65 549.75 Td (be ) Tj ET Q q 0 0 0 rg BT 169.18 549.75 Td (forgotten,? Tj ET Q q 0 0 0 rg BT 213.28 549.75 Td ( ) Tj ET Q q 0 0 0 rg BT 216.69 549.75 Td (which ) Tj ET Q q 0 0 0 rg BT 245.66 549.75 Td (allows ) Tj ET Q q 0 0 0 rg BT 276.85 549.75 Td (individuals ) Tj ET Q q 0 0 0 rg BT 326.95 549.75 Td (to ) Tj ET Q q 0 0 0 rg BT 338.69 549.75 Td (demand ) Tj ET Q q 0 0 0 rg BT 378.23 549.75 Td (that ) Tj ET Q q 0 0 0 rg BT 398.32 549.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 433.97 549.75 Td (remove ) Tj ET Q q 0 0 0 rg BT 470.71 549.75 Td (search ) Tj ET Q q 0 0 0 rg BT 504.13 549.75 Td (results ) Tj ET Q q 0 0 0 rg BT 536.99 549.75 Td (about ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 537.75 Td (them ) Tj ET Q q 0 0 0 rg BT 110.89 537.75 Td (in ) Tj ET Q q 0 0 0 rg BT 121.33 537.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 154.01 537.75 Td (instances, ) Tj ET Q q 0 0 0 rg BT 201.69 537.75 Td (may ) Tj ET Q q 0 0 0 rg BT 223.25 537.75 Td (limit ) Tj ET Q q 0 0 0 rg BT 243.68 537.75 Td (the ) Tj ET Q q 0 0 0 rg BT 260.24 537.75 Td (content ) Tj ET Q q 0 0 0 rg BT 295.70 537.75 Td (we ) Tj ET Q q 0 0 0 rg BT 311.15 537.75 Td (can ) Tj ET Q q 0 0 0 rg BT 329.93 537.75 Td (show ) Tj ET Q q 0 0 0 rg BT 355.94 537.75 Td (to ) Tj ET Q q 0 0 0 rg BT 366.94 537.75 Td (our ) Tj ET Q q 0 0 0 rg BT 384.05 537.75 Td (users ) Tj ET Q q 0 0 0 rg BT 411.16 537.75 Td (and ) Tj ET Q q 0 0 0 rg BT 430.51 537.75 Td (impose ) Tj ET Q q 0 0 0 rg BT 465.40 537.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 512.53 537.75 Td (operational ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 525.75 Td (burdens.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 507.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 507.75 Td (Court ) Tj ET Q q 0 0 0 rg BT 113.39 507.75 Td (decisions ) Tj ET Q q 0 0 0 rg BT 158.01 507.75 Td (that ) Tj ET Q q 0 0 0 rg BT 177.63 507.75 Td (require ) Tj ET Q q 0 0 0 rg BT 211.69 507.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 246.87 507.75 Td (to ) Tj ET Q q 0 0 0 rg BT 258.15 507.75 Td (remove ) Tj ET Q q 0 0 0 rg BT 294.43 507.75 Td (links ) Tj ET Q q 0 0 0 rg BT 317.37 507.75 Td (not ) Tj ET Q q 0 0 0 rg BT 334.21 507.75 Td (just ) Tj ET Q q 0 0 0 rg BT 352.70 507.75 Td (in ) Tj ET Q q 0 0 0 rg BT 363.42 507.75 Td (the ) Tj ET Q q 0 0 0 rg BT 380.26 507.75 Td (jurisdiction ) Tj ET Q q 0 0 0 rg BT 430.44 507.75 Td (of ) Tj ET Q q 0 0 0 rg BT 441.71 507.75 Td (the ) Tj ET Q q 0 0 0 rg BT 458.55 507.75 Td (issuing ) Tj ET Q q 0 0 0 rg BT 492.61 507.75 Td (court, ) Tj ET Q q 0 0 0 rg BT 520.56 507.75 Td (but ) Tj ET Q q 0 0 0 rg BT 537.39 507.75 Td (for ) Tj ET Q q 0 0 0 rg BT 552.00 507.75 Td (all ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 495.75 Td (versions ) Tj ET Q q 0 0 0 rg BT 125.86 495.75 Td (of ) Tj ET Q q 0 0 0 rg BT 136.83 495.75 Td (the ) Tj ET Q q 0 0 0 rg BT 153.36 495.75 Td (search ) Tj ET Q q 0 0 0 rg BT 186.00 495.75 Td (engine ) Tj ET Q q 0 0 0 rg BT 218.66 495.75 Td (worldwide, ) Tj ET Q q 0 0 0 rg BT 268.53 495.75 Td (including ) Tj ET Q q 0 0 0 rg BT 310.63 495.75 Td (in ) Tj ET Q q 0 0 0 rg BT 321.04 495.75 Td (locations ) Tj ET Q q 0 0 0 rg BT 363.14 495.75 Td (where ) Tj ET Q q 0 0 0 rg BT 393.00 495.75 Td (the ) Tj ET Q q 0 0 0 rg BT 409.53 495.75 Td (content ) Tj ET Q q 0 0 0 rg BT 444.96 495.75 Td (at ) Tj ET Q q 0 0 0 rg BT 455.93 495.75 Td (issue ) Tj ET Q q 0 0 0 rg BT 481.90 495.75 Td (is ) Tj ET Q q 0 0 0 rg BT 491.75 495.75 Td (lawful, ) Tj ET Q q 0 0 0 rg BT 522.72 495.75 Td (may ) Tj ET Q q 0 0 0 rg BT 544.24 495.75 Td (limit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 483.75 Td (the ) Tj ET Q q 0 0 0 rg BT 103.50 483.75 Td (content ) Tj ET Q q 0 0 0 rg BT 139.91 483.75 Td (we ) Tj ET Q q 0 0 0 rg BT 156.30 483.75 Td (can ) Tj ET Q q 0 0 0 rg BT 176.02 483.75 Td (show ) Tj ET Q q 0 0 0 rg BT 202.97 483.75 Td (to ) Tj ET Q q 0 0 0 rg BT 214.91 483.75 Td (our ) Tj ET Q q 0 0 0 rg BT 232.97 483.75 Td (users ) Tj ET Q q 0 0 0 rg BT 261.03 483.75 Td (and ) Tj ET Q q 0 0 0 rg BT 281.31 483.75 Td (impose ) Tj ET Q q 0 0 0 rg BT 317.15 483.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 365.22 483.75 Td (operational ) Tj ET Q q 0 0 0 rg BT 418.31 483.75 Td (burdens. ) Tj ET Q q 0 0 0 rg BT 460.59 483.75 Td (The ) Tj ET Q q 0 0 0 rg BT 481.43 483.75 Td (Supreme ) Tj ET Q q 0 0 0 rg BT 525.61 483.75 Td (Court ) Tj ET Q q 0 0 0 rg BT 553.66 483.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 471.75 Td (Canada ) Tj ET Q q 0 0 0 rg BT 122.97 471.75 Td (issued ) Tj ET Q q 0 0 0 rg BT 153.81 471.75 Td (such ) Tj ET Q q 0 0 0 rg BT 176.87 471.75 Td (a ) Tj ET Q q 0 0 0 rg BT 184.37 471.75 Td (decision ) Tj ET Q q 0 0 0 rg BT 222.99 471.75 Td (against ) Tj ET Q q 0 0 0 rg BT 257.18 471.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 291.36 471.75 Td (in ) Tj ET Q q 0 0 0 rg BT 301.08 471.75 Td (June ) Tj ET Q q 0 0 0 rg BT 324.70 471.75 Td (2017, ) Tj ET Q q 0 0 0 rg BT 351.66 471.75 Td (and ) Tj ET Q q 0 0 0 rg BT 370.29 471.75 Td (others ) Tj ET Q q 0 0 0 rg BT 400.02 471.75 Td (could ) Tj ET Q q 0 0 0 rg BT 425.86 471.75 Td (treat ) Tj ET Q q 0 0 0 rg BT 447.81 471.75 Td (its ) Tj ET Q q 0 0 0 rg BT 459.74 471.75 Td (decision ) Tj ET Q q 0 0 0 rg BT 498.37 471.75 Td (as ) Tj ET Q q 0 0 0 rg BT 510.87 471.75 Td (persuasive. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 459.75 Td (With ) Tj ET Q q 0 0 0 rg BT 109.00 459.75 Td (respect ) Tj ET Q q 0 0 0 rg BT 144.79 459.75 Td (to ) Tj ET Q q 0 0 0 rg BT 156.14 459.75 Td (the ) Tj ET Q q 0 0 0 rg BT 173.04 459.75 Td (‘right ) Tj ET Q q 0 0 0 rg BT 197.71 459.75 Td (to ) Tj ET Q q 0 0 0 rg BT 209.05 459.75 Td (be ) Tj ET Q q 0 0 0 rg BT 223.18 459.75 Td (forgotten,? Tj ET Q q 0 0 0 rg BT 267.28 459.75 Td ( ) Tj ET Q q 0 0 0 rg BT 270.28 459.75 Td (a ) Tj ET Q q 0 0 0 rg BT 278.84 459.75 Td (follow-up ) Tj ET Q q 0 0 0 rg BT 321.86 459.75 Td (case ) Tj ET Q q 0 0 0 rg BT 345.99 459.75 Td (of ) Tj ET Q q 0 0 0 rg BT 357.33 459.75 Td (the ) Tj ET Q q 0 0 0 rg BT 374.23 459.75 Td (CJEU ) Tj ET Q q 0 0 0 rg BT 403.35 459.75 Td (on ) Tj ET Q q 0 0 0 rg BT 417.47 459.75 Td (September ) Tj ET Q q 0 0 0 rg BT 469.39 459.75 Td (24, ) Tj ET Q q 0 0 0 rg BT 486.29 459.75 Td (2019 ) Tj ET Q q 0 0 0 rg BT 511.54 459.75 Td (ruled ) Tj ET Q q 0 0 0 rg BT 536.77 459.75 Td (that ) Tj ET Q q 0 0 0 rg BT 556.45 459.75 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 447.75 Td (search ) Tj ET Q q 0 0 0 rg BT 118.87 447.75 Td (engine ) Tj ET Q q 0 0 0 rg BT 151.75 447.75 Td (operator ) Tj ET Q q 0 0 0 rg BT 191.86 447.75 Td (is ) Tj ET Q q 0 0 0 rg BT 201.93 447.75 Td (not ) Tj ET Q q 0 0 0 rg BT 218.69 447.75 Td (required ) Tj ET Q q 0 0 0 rg BT 258.24 447.75 Td (to ) Tj ET Q q 0 0 0 rg BT 269.43 447.75 Td (remove ) Tj ET Q q 0 0 0 rg BT 305.63 447.75 Td (links ) Tj ET Q q 0 0 0 rg BT 328.49 447.75 Td (from ) Tj ET Q q 0 0 0 rg BT 351.35 447.75 Td (all ) Tj ET Q q 0 0 0 rg BT 364.21 447.75 Td (versions ) Tj ET Q q 0 0 0 rg BT 404.30 447.75 Td (of ) Tj ET Q q 0 0 0 rg BT 415.49 447.75 Td (the ) Tj ET Q q 0 0 0 rg BT 432.25 447.75 Td (search ) Tj ET Q q 0 0 0 rg BT 465.12 447.75 Td (engine ) Tj ET Q q 0 0 0 rg BT 498.01 447.75 Td (worldwide, ) Tj ET Q q 0 0 0 rg BT 548.10 447.75 Td (but ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 435.75 Td (the ) Tj ET Q q 0 0 0 rg BT 102.46 435.75 Td (court ) Tj ET Q q 0 0 0 rg BT 127.24 435.75 Td (also ) Tj ET Q q 0 0 0 rg BT 148.14 435.75 Td (noted ) Tj ET Q q 0 0 0 rg BT 175.72 435.75 Td (in ) Tj ET Q q 0 0 0 rg BT 186.06 435.75 Td (some ) Tj ET Q q 0 0 0 rg BT 213.07 435.75 Td (cases, ) Tj ET Q q 0 0 0 rg BT 244.53 435.75 Td (removal ) Tj ET Q q 0 0 0 rg BT 282.65 435.75 Td (of ) Tj ET Q q 0 0 0 rg BT 293.55 435.75 Td (links ) Tj ET Q q 0 0 0 rg BT 316.11 435.75 Td (from ) Tj ET Q q 0 0 0 rg BT 338.66 435.75 Td (all ) Tj ET Q q 0 0 0 rg BT 351.22 435.75 Td (versions ) Tj ET Q q 0 0 0 rg BT 391.02 435.75 Td (of ) Tj ET Q q 0 0 0 rg BT 401.91 435.75 Td (the ) Tj ET Q q 0 0 0 rg BT 418.37 435.75 Td (search ) Tj ET Q q 0 0 0 rg BT 450.94 435.75 Td (engine ) Tj ET Q q 0 0 0 rg BT 483.52 435.75 Td (available ) Tj ET Q q 0 0 0 rg BT 525.55 435.75 Td (from ) Tj ET Q q 0 0 0 rg BT 548.11 435.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 423.75 Td (EU ) Tj ET Q q 0 0 0 rg BT 102.67 423.75 Td (\(including ) Tj ET Q q 0 0 0 rg BT 148.25 423.75 Td (non-EU ) Tj ET Q q 0 0 0 rg BT 184.94 423.75 Td (specific ) Tj ET Q q 0 0 0 rg BT 221.06 423.75 Td (versions\) ) Tj ET Q q 0 0 0 rg BT 264.40 423.75 Td (may ) Tj ET Q q 0 0 0 rg BT 286.07 423.75 Td (be ) Tj ET Q q 0 0 0 rg BT 299.97 423.75 Td (required.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 405.75 Td (The ) Tj ET Q q 0 0 0 rg BT 93.21 405.75 Td (introduction ) Tj ET Q q 0 0 0 rg BT 147.89 405.75 Td (of ) Tj ET Q q 0 0 0 rg BT 159.22 405.75 Td (new ) Tj ET Q q 0 0 0 rg BT 180.54 405.75 Td (businesses, ) Tj ET Q q 0 0 0 rg BT 236.33 405.75 Td (products, ) Tj ET Q q 0 0 0 rg BT 280.45 405.75 Td (services, ) Tj ET Q q 0 0 0 rg BT 322.88 405.75 Td (and ) Tj ET Q q 0 0 0 rg BT 342.55 405.75 Td (technologies, ) Tj ET Q q 0 0 0 rg BT 404.46 405.75 Td (our ) Tj ET Q q 0 0 0 rg BT 421.90 405.75 Td (activities ) Tj ET Q q 0 0 0 rg BT 463.22 405.75 Td (in ) Tj ET Q q 0 0 0 rg BT 473.99 405.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 506.98 405.75 Td (jurisdictions, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 393.75 Td (or ) Tj ET Q q 0 0 0 rg BT 61.77 393.75 Td (other ) Tj ET Q q 0 0 0 rg BT 87.44 393.75 Td (actions ) Tj ET Q q 0 0 0 rg BT 122.01 393.75 Td (we ) Tj ET Q q 0 0 0 rg BT 137.67 393.75 Td (take ) Tj ET Q q 0 0 0 rg BT 159.45 393.75 Td (may ) Tj ET Q q 0 0 0 rg BT 181.22 393.75 Td (subject ) Tj ET Q q 0 0 0 rg BT 215.79 393.75 Td (us ) Tj ET Q q 0 0 0 rg BT 229.23 393.75 Td (to ) Tj ET Q q 0 0 0 rg BT 240.45 393.75 Td (additional ) Tj ET Q q 0 0 0 rg BT 286.14 393.75 Td (laws ) Tj ET Q q 0 0 0 rg BT 309.03 393.75 Td (and ) Tj ET Q q 0 0 0 rg BT 328.59 393.75 Td (regulations. ) Tj ET Q q 0 0 0 rg BT 382.98 393.75 Td (The ) Tj ET Q q 0 0 0 rg BT 403.10 393.75 Td (costs ) Tj ET Q q 0 0 0 rg BT 429.31 393.75 Td (of ) Tj ET Q q 0 0 0 rg BT 440.53 393.75 Td (compliance ) Tj ET Q q 0 0 0 rg BT 494.00 393.75 Td (with ) Tj ET Q q 0 0 0 rg BT 514.66 393.75 Td (these ) Tj ET Q q 0 0 0 rg BT 542.00 393.75 Td (laws ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 381.75 Td (and ) Tj ET Q q 0 0 0 rg BT 70.61 381.75 Td (regulations ) Tj ET Q q 0 0 0 rg BT 123.47 381.75 Td (are ) Tj ET Q q 0 0 0 rg BT 141.85 381.75 Td (high ) Tj ET Q q 0 0 0 rg BT 164.69 381.75 Td (and ) Tj ET Q q 0 0 0 rg BT 185.30 381.75 Td (are ) Tj ET Q q 0 0 0 rg BT 203.68 381.75 Td (likely ) Tj ET Q q 0 0 0 rg BT 229.84 381.75 Td (to ) Tj ET Q q 0 0 0 rg BT 242.11 381.75 Td (increase ) Tj ET Q q 0 0 0 rg BT 283.84 381.75 Td (in ) Tj ET Q q 0 0 0 rg BT 295.55 381.75 Td (the ) Tj ET Q q 0 0 0 rg BT 313.38 381.75 Td (future. ) Tj ET Q q 0 0 0 rg BT 344.88 381.75 Td (Any ) Tj ET Q q 0 0 0 rg BT 366.04 381.75 Td (failure ) Tj ET Q q 0 0 0 rg BT 397.21 381.75 Td (on ) Tj ET Q q 0 0 0 rg BT 412.26 381.75 Td (our ) Tj ET Q q 0 0 0 rg BT 430.65 381.75 Td (part ) Tj ET Q q 0 0 0 rg BT 451.81 381.75 Td (to ) Tj ET Q q 0 0 0 rg BT 464.08 381.75 Td (comply ) Tj ET Q q 0 0 0 rg BT 499.68 381.75 Td (with ) Tj ET Q q 0 0 0 rg BT 521.40 381.75 Td (laws ) Tj ET Q q 0 0 0 rg BT 545.33 381.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 369.75 Td (regulations ) Tj ET Q q 0 0 0 rg BT 100.51 369.75 Td (can ) Tj ET Q q 0 0 0 rg BT 118.22 369.75 Td (result ) Tj ET Q q 0 0 0 rg BT 144.26 369.75 Td (in ) Tj ET Q q 0 0 0 rg BT 153.63 369.75 Td (negative ) Tj ET Q q 0 0 0 rg BT 193.02 369.75 Td (publicity ) Tj ET Q q 0 0 0 rg BT 230.74 369.75 Td (and ) Tj ET Q q 0 0 0 rg BT 249.01 369.75 Td (diversion ) Tj ET Q q 0 0 0 rg BT 290.62 369.75 Td (of ) Tj ET Q q 0 0 0 rg BT 300.55 369.75 Td (management ) Tj ET Q q 0 0 0 rg BT 360.50 369.75 Td (time ) Tj ET Q q 0 0 0 rg BT 380.98 369.75 Td (and ) Tj ET Q q 0 0 0 rg BT 399.25 369.75 Td (ef) Tj ET Q q 0 0 0 rg BT 407.41 369.75 Td (fort ) Tj ET Q q 0 0 0 rg BT 423.45 369.75 Td (and ) Tj ET Q q 0 0 0 rg BT 441.72 369.75 Td (may ) Tj ET Q q 0 0 0 rg BT 462.20 369.75 Td (subject ) Tj ET Q q 0 0 0 rg BT 495.47 369.75 Td (us ) Tj ET Q q 0 0 0 rg BT 507.62 369.75 Td (to ) Tj ET Q q 0 0 0 rg BT 517.55 369.75 Td (significant ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 357.75 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 90.57 357.75 Td (and ) Tj ET Q q 0 0 0 rg BT 110.03 357.75 Td (other ) Tj ET Q q 0 0 0 rg BT 135.61 357.75 Td (penalties.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 73.00 339.75 Td (W) Tj ET Q q 0 0 0 rg BT 82.26 339.75 Td (e ) Tj ET Q q 0 0 0 rg BT 91.13 339.75 Td (are ) Tj ET Q q 0 0 0 rg BT 109.45 339.75 Td (subject ) Tj ET Q q 0 0 0 rg BT 147.77 339.75 Td (to ) Tj ET Q q 0 0 0 rg BT 160.51 339.75 Td (claims, ) Tj ET Q q 0 0 0 rg BT 197.73 339.75 Td (suits, ) Tj ET Q q 0 0 0 rg BT 227.16 339.75 Td (government ) Tj ET Q q 0 0 0 rg BT 287.70 339.75 Td (investigations, ) Tj ET Q q 0 0 0 rg BT 361.02 339.75 Td (and ) Tj ET Q q 0 0 0 rg BT 382.10 339.75 Td (other ) Tj ET Q q 0 0 0 rg BT 410.41 339.75 Td (proceedings ) Tj ET Q q 0 0 0 rg BT 473.18 339.75 Td (that ) Tj ET Q q 0 0 0 rg BT 494.82 339.75 Td (may ) Tj ET Q q 0 0 0 rg BT 518.14 339.75 Td (harm ) Tj ET Q q 0 0 0 rg BT 545.90 339.75 Td (our ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 327.75 Td (business, ) Tj ET Q q 0 0 0 rg BT 98.91 327.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 142.25 327.75 Td (condition, ) Tj ET Q q 0 0 0 rg BT 192.80 327.75 Td (and ) Tj ET Q q 0 0 0 rg BT 213.35 327.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 261.69 327.75 Td (results. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 309.75 Td (W) Tj ET Q q 0 0 0 rg BT 82.26 309.75 Td (e ) Tj ET Q q 0 0 0 rg BT 90.66 309.75 Td (are ) Tj ET Q q 0 0 0 rg BT 107.95 309.75 Td (subject ) Tj ET Q q 0 0 0 rg BT 142.48 309.75 Td (to ) Tj ET Q q 0 0 0 rg BT 153.65 309.75 Td (claims, ) Tj ET Q q 0 0 0 rg BT 187.61 309.75 Td (suits, ) Tj ET Q q 0 0 0 rg BT 213.79 309.75 Td (and ) Tj ET Q q 0 0 0 rg BT 233.31 309.75 Td (government ) Tj ET Q q 0 0 0 rg BT 288.96 309.75 Td (investigations ) Tj ET Q q 0 0 0 rg BT 352.39 309.75 Td (involving ) Tj ET Q q 0 0 0 rg BT 394.14 309.75 Td (competition, ) Tj ET Q q 0 0 0 rg BT 450.89 309.75 Td (intellectual ) Tj ET Q q 0 0 0 rg BT 500.98 309.75 Td (property) Tj ET Q q 0 0 0 rg BT 536.93 309.75 Td (, ) Tj ET Q q 0 0 0 rg BT 542.54 309.75 Td (data ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 297.75 Td (privacy ) Tj ET Q q 0 0 0 rg BT 83.84 297.75 Td (and ) Tj ET Q q 0 0 0 rg BT 102.68 297.75 Td (security) Tj ET Q q 0 0 0 rg BT 136.40 297.75 Td (, ) Tj ET Q q 0 0 0 rg BT 141.34 297.75 Td (consumer ) Tj ET Q q 0 0 0 rg BT 187.41 297.75 Td (protection, ) Tj ET Q q 0 0 0 rg BT 236.26 297.75 Td (tax, ) Tj ET Q q 0 0 0 rg BT 254.54 297.75 Td (labor ) Tj ET Q q 0 0 0 rg BT 278.94 297.75 Td (and ) Tj ET Q q 0 0 0 rg BT 297.79 297.75 Td (employment, ) Tj ET Q q 0 0 0 rg BT 357.20 297.75 Td (commercial ) Tj ET Q q 0 0 0 rg BT 410.48 297.75 Td (disputes, ) Tj ET Q q 0 0 0 rg BT 452.67 297.75 Td (content ) Tj ET Q q 0 0 0 rg BT 487.63 297.75 Td (generated ) Tj ET Q q 0 0 0 rg BT 534.83 297.75 Td (by ) Tj ET Q q 0 0 0 rg BT 547.56 297.75 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 285.75 Td (users, ) Tj ET Q q 0 0 0 rg BT 80.78 285.75 Td (goods ) Tj ET Q q 0 0 0 rg BT 111.57 285.75 Td (and ) Tj ET Q q 0 0 0 rg BT 131.80 285.75 Td (services ) Tj ET Q q 0 0 0 rg BT 172.02 285.75 Td (of) Tj ET Q q 0 0 0 rg BT 180.18 285.75 Td (fered ) Tj ET Q q 0 0 0 rg BT 206.52 285.75 Td (by ) Tj ET Q q 0 0 0 rg BT 220.63 285.75 Td (advertisers ) Tj ET Q q 0 0 0 rg BT 273.08 285.75 Td (or ) Tj ET Q q 0 0 0 rg BT 285.52 285.75 Td (publishers ) Tj ET Q q 0 0 0 rg BT 334.65 285.75 Td (using ) Tj ET Q q 0 0 0 rg BT 362.10 285.75 Td (our ) Tj ET Q q 0 0 0 rg BT 380.10 285.75 Td (platforms, ) Tj ET Q q 0 0 0 rg BT 427.55 285.75 Td (and ) Tj ET Q q 0 0 0 rg BT 447.78 285.75 Td (other ) Tj ET Q q 0 0 0 rg BT 474.12 285.75 Td (matters. ) Tj ET Q q 0 0 0 rg BT 513.78 285.75 Td (Due ) Tj ET Q q 0 0 0 rg BT 535.67 285.75 Td (to ) Tj ET Q q 0 0 0 rg BT 547.56 285.75 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 273.75 Td (manufacturing ) Tj ET Q q 0 0 0 rg BT 116.19 273.75 Td (and ) Tj ET Q q 0 0 0 rg BT 135.70 273.75 Td (sale ) Tj ET Q q 0 0 0 rg BT 156.87 273.75 Td (of ) Tj ET Q q 0 0 0 rg BT 168.03 273.75 Td (an ) Tj ET Q q 0 0 0 rg BT 181.98 273.75 Td (expanded ) Tj ET Q q 0 0 0 rg BT 228.73 273.75 Td (suite ) Tj ET Q q 0 0 0 rg BT 252.68 273.75 Td (of ) Tj ET Q q 0 0 0 rg BT 263.84 273.75 Td (products, ) Tj ET Q q 0 0 0 rg BT 307.80 273.75 Td (including ) Tj ET Q q 0 0 0 rg BT 350.09 273.75 Td (hardware ) Tj ET Q q 0 0 0 rg BT 394.61 273.75 Td (as ) Tj ET Q q 0 0 0 rg BT 407.99 273.75 Td (well ) Tj ET Q q 0 0 0 rg BT 428.04 273.75 Td (as ) Tj ET Q q 0 0 0 rg BT 441.42 273.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 476.49 273.75 Td (Cloud ) Tj ET Q q 0 0 0 rg BT 505.45 273.75 Td (of) Tj ET Q q 0 0 0 rg BT 513.60 273.75 Td (ferings, ) Tj ET Q q 0 0 0 rg BT 549.22 273.75 Td (we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 261.75 Td (may ) Tj ET Q q 0 0 0 rg BT 71.27 261.75 Td (also ) Tj ET Q q 0 0 0 rg BT 92.00 261.75 Td (be ) Tj ET Q q 0 0 0 rg BT 105.50 261.75 Td (subject ) Tj ET Q q 0 0 0 rg BT 139.57 261.75 Td (to ) Tj ET Q q 0 0 0 rg BT 150.29 261.75 Td (a ) Tj ET Q q 0 0 0 rg BT 158.23 261.75 Td (variety ) Tj ET Q q 0 0 0 rg BT 190.06 261.75 Td (of ) Tj ET Q q 0 0 0 rg BT 200.79 261.75 Td (claims ) Tj ET Q q 0 0 0 rg BT 231.50 261.75 Td (including ) Tj ET Q q 0 0 0 rg BT 273.35 261.75 Td (product ) Tj ET Q q 0 0 0 rg BT 309.09 261.75 Td (warranty) Tj ET Q q 0 0 0 rg BT 346.69 261.75 Td (, ) Tj ET Q q 0 0 0 rg BT 351.85 261.75 Td (product ) Tj ET Q q 0 0 0 rg BT 387.59 261.75 Td (liability) Tj ET Q q 0 0 0 rg BT 416.85 261.75 Td (, ) Tj ET Q q 0 0 0 rg BT 422.01 261.75 Td (and ) Tj ET Q q 0 0 0 rg BT 441.08 261.75 Td (consumer ) Tj ET Q q 0 0 0 rg BT 487.37 261.75 Td (protection ) Tj ET Q q 0 0 0 rg BT 533.66 261.75 Td (claims ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 249.75 Td (related ) Tj ET Q q 0 0 0 rg BT 84.62 249.75 Td (to ) Tj ET Q q 0 0 0 rg BT 97.01 249.75 Td (product ) Tj ET Q q 0 0 0 rg BT 134.41 249.75 Td (defects, ) Tj ET Q q 0 0 0 rg BT 173.48 249.75 Td (among ) Tj ET Q q 0 0 0 rg BT 208.10 249.75 Td (other ) Tj ET Q q 0 0 0 rg BT 234.94 249.75 Td (litigation. ) Tj ET Q q 0 0 0 rg BT 278.46 249.75 Td (W) Tj ET Q q 0 0 0 rg BT 287.71 249.75 Td (e ) Tj ET Q q 0 0 0 rg BT 297.32 249.75 Td (may ) Tj ET Q q 0 0 0 rg BT 320.26 249.75 Td (also ) Tj ET Q q 0 0 0 rg BT 342.65 249.75 Td (be ) Tj ET Q q 0 0 0 rg BT 357.82 249.75 Td (subject ) Tj ET Q q 0 0 0 rg BT 393.55 249.75 Td (to ) Tj ET Q q 0 0 0 rg BT 405.94 249.75 Td (claims ) Tj ET Q q 0 0 0 rg BT 438.32 249.75 Td (involving ) Tj ET Q q 0 0 0 rg BT 481.28 249.75 Td (health ) Tj ET Q q 0 0 0 rg BT 512.57 249.75 Td (and ) Tj ET Q q 0 0 0 rg BT 533.30 249.75 Td (safety) Tj ET Q q 0 0 0 rg BT 559.24 249.75 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 237.75 Td (hazardous ) Tj ET Q q 0 0 0 rg BT 99.48 237.75 Td (materials ) Tj ET Q q 0 0 0 rg BT 142.82 237.75 Td (usage, ) Tj ET Q q 0 0 0 rg BT 175.63 237.75 Td (other ) Tj ET Q q 0 0 0 rg BT 201.20 237.75 Td (environmental ) Tj ET Q q 0 0 0 rg BT 266.79 237.75 Td (impacts, ) Tj ET Q q 0 0 0 rg BT 306.80 237.75 Td (or ) Tj ET Q q 0 0 0 rg BT 318.47 237.75 Td (service ) Tj ET Q q 0 0 0 rg BT 352.92 237.75 Td (disruptions ) Tj ET Q q 0 0 0 rg BT 404.06 237.75 Td (or ) Tj ET Q q 0 0 0 rg BT 415.73 237.75 Td (failures. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 219.75 Td (Any ) Tj ET Q q 0 0 0 rg BT 93.33 219.75 Td (of ) Tj ET Q q 0 0 0 rg BT 104.77 219.75 Td (these ) Tj ET Q q 0 0 0 rg BT 132.33 219.75 Td (types ) Tj ET Q q 0 0 0 rg BT 159.33 219.75 Td (of ) Tj ET Q q 0 0 0 rg BT 170.77 219.75 Td (legal ) Tj ET Q q 0 0 0 rg BT 195.00 219.75 Td (proceedings ) Tj ET Q q 0 0 0 rg BT 252.58 219.75 Td (can ) Tj ET Q q 0 0 0 rg BT 271.81 219.75 Td (have ) Tj ET Q q 0 0 0 rg BT 296.59 219.75 Td (an ) Tj ET Q q 0 0 0 rg BT 310.81 219.75 Td (adverse ) Tj ET Q q 0 0 0 rg BT 349.49 219.75 Td (ef) Tj ET Q q 0 0 0 rg BT 357.65 219.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 376.87 219.75 Td (on ) Tj ET Q q 0 0 0 rg BT 391.09 219.75 Td (us ) Tj ET Q q 0 0 0 rg BT 404.75 219.75 Td (because ) Tj ET Q q 0 0 0 rg BT 445.66 219.75 Td (of ) Tj ET Q q 0 0 0 rg BT 457.10 219.75 Td (legal ) Tj ET Q q 0 0 0 rg BT 481.32 219.75 Td (costs, ) Tj ET Q q 0 0 0 rg BT 510.54 219.75 Td (diversion ) Tj ET Q q 0 0 0 rg BT 553.66 219.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 207.75 Td (management ) Tj ET Q q 0 0 0 rg BT 112.46 207.75 Td (resources, ) Tj ET Q q 0 0 0 rg BT 163.24 207.75 Td (negative ) Tj ET Q q 0 0 0 rg BT 205.14 207.75 Td (publicity ) Tj ET Q q 0 0 0 rg BT 245.36 207.75 Td (and ) Tj ET Q q 0 0 0 rg BT 266.14 207.75 Td (other ) Tj ET Q q 0 0 0 rg BT 293.02 207.75 Td (factors. ) Tj ET Q q 0 0 0 rg BT 329.90 207.75 Td (Determining ) Tj ET Q q 0 0 0 rg BT 387.91 207.75 Td (reserves ) Tj ET Q q 0 0 0 rg BT 430.35 207.75 Td (for ) Tj ET Q q 0 0 0 rg BT 446.11 207.75 Td (our ) Tj ET Q q 0 0 0 rg BT 464.65 207.75 Td (pending ) Tj ET Q q 0 0 0 rg BT 504.34 207.75 Td (litigation ) Tj ET Q q 0 0 0 rg BT 545.12 207.75 Td (is ) Tj ET Q q 0 0 0 rg BT 556.43 207.75 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 195.75 Td (complex, ) Tj ET Q q 0 0 0 rg BT 93.17 195.75 Td (fact-intensive ) Tj ET Q q 0 0 0 rg BT 155.24 195.75 Td (process ) Tj ET Q q 0 0 0 rg BT 193.41 195.75 Td (that ) Tj ET Q q 0 0 0 rg BT 213.25 195.75 Td (requires ) Tj ET Q q 0 0 0 rg BT 252.53 195.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 300.15 195.75 Td (judgment. ) Tj ET Q q 0 0 0 rg BT 347.02 195.75 Td (The ) Tj ET Q q 0 0 0 rg BT 367.41 195.75 Td (resolution ) Tj ET Q q 0 0 0 rg BT 413.92 195.75 Td (of ) Tj ET Q q 0 0 0 rg BT 425.42 195.75 Td (one ) Tj ET Q q 0 0 0 rg BT 445.25 195.75 Td (or ) Tj ET Q q 0 0 0 rg BT 457.30 195.75 Td (more ) Tj ET Q q 0 0 0 rg BT 483.24 195.75 Td (such ) Tj ET Q q 0 0 0 rg BT 507.52 195.75 Td (proceedings ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 183.75 Td (has ) Tj ET Q q 0 0 0 rg BT 68.64 183.75 Td (resulted ) Tj ET Q q 0 0 0 rg BT 106.74 183.75 Td (in, ) Tj ET Q q 0 0 0 rg BT 119.82 183.75 Td (and ) Tj ET Q q 0 0 0 rg BT 139.02 183.75 Td (may ) Tj ET Q q 0 0 0 rg BT 160.43 183.75 Td (in ) Tj ET Q q 0 0 0 rg BT 170.73 183.75 Td (the ) Tj ET Q q 0 0 0 rg BT 187.15 183.75 Td (future ) Tj ET Q q 0 0 0 rg BT 215.25 183.75 Td (result ) Tj ET Q q 0 0 0 rg BT 242.22 183.75 Td (in, ) Tj ET Q q 0 0 0 rg BT 255.30 183.75 Td (additional ) Tj ET Q q 0 0 0 rg BT 300.63 183.75 Td (substantial ) Tj ET Q q 0 0 0 rg BT 350.96 183.75 Td (fines, ) Tj ET Q q 0 0 0 rg BT 377.38 183.75 Td (penalties, ) Tj ET Q q 0 0 0 rg BT 422.70 183.75 Td (injunctions, ) Tj ET Q q 0 0 0 rg BT 475.25 183.75 Td (and ) Tj ET Q q 0 0 0 rg BT 494.46 183.75 Td (other ) Tj ET Q q 0 0 0 rg BT 519.77 183.75 Td (sanctions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 171.75 Td (that ) Tj ET Q q 0 0 0 rg BT 69.46 171.75 Td (could ) Tj ET Q q 0 0 0 rg BT 96.14 171.75 Td (harm ) Tj ET Q q 0 0 0 rg BT 121.70 171.75 Td (our ) Tj ET Q q 0 0 0 rg BT 138.94 171.75 Td (business, ) Tj ET Q q 0 0 0 rg BT 183.96 171.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 223.43 171.75 Td (condition, ) Tj ET Q q 0 0 0 rg BT 269.01 171.75 Td (and ) Tj ET Q q 0 0 0 rg BT 288.48 171.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 332.95 171.75 Td (results.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 73.00 153.75 Td (W) Tj ET Q q 0 0 0 rg BT 82.26 153.75 Td (e ) Tj ET Q q 0 0 0 rg BT 90.60 153.75 Td (may ) Tj ET Q q 0 0 0 rg BT 113.39 153.75 Td (be ) Tj ET Q q 0 0 0 rg BT 127.84 153.75 Td (subject ) Tj ET Q q 0 0 0 rg BT 165.63 153.75 Td (to ) Tj ET Q q 0 0 0 rg BT 177.84 153.75 Td (legal ) Tj ET Q q 0 0 0 rg BT 203.41 153.75 Td (liability ) Tj ET Q q 0 0 0 rg BT 240.64 153.75 Td (associated ) Tj ET Q q 0 0 0 rg BT 295.11 153.75 Td (with ) Tj ET Q q 0 0 0 rg BT 317.89 153.75 Td (providing ) Tj ET Q q 0 0 0 rg BT 366.22 153.75 Td (online ) Tj ET Q q 0 0 0 rg BT 398.44 153.75 Td (services ) Tj ET Q q 0 0 0 rg BT 441.26 153.75 Td (or ) Tj ET Q q 0 0 0 rg BT 454.04 153.75 Td (content. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 135.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 92.57 135.75 Td (products ) Tj ET Q q 0 0 0 rg BT 133.82 135.75 Td (and ) Tj ET Q q 0 0 0 rg BT 153.40 135.75 Td (services ) Tj ET Q q 0 0 0 rg BT 192.97 135.75 Td (let ) Tj ET Q q 0 0 0 rg BT 206.43 135.75 Td (users ) Tj ET Q q 0 0 0 rg BT 233.78 135.75 Td (exchange ) Tj ET Q q 0 0 0 rg BT 280.04 135.75 Td (information, ) Tj ET Q q 0 0 0 rg BT 335.19 135.75 Td (advertise ) Tj ET Q q 0 0 0 rg BT 378.66 135.75 Td (products ) Tj ET Q q 0 0 0 rg BT 419.91 135.75 Td (and ) Tj ET Q q 0 0 0 rg BT 439.49 135.75 Td (services, ) Tj ET Q q 0 0 0 rg BT 481.84 135.75 Td (conduct ) Tj ET Q q 0 0 0 rg BT 519.76 135.75 Td (business, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 123.75 Td (and ) Tj ET Q q 0 0 0 rg BT 69.65 123.75 Td (engage ) Tj ET Q q 0 0 0 rg BT 105.99 123.75 Td (in ) Tj ET Q q 0 0 0 rg BT 116.74 123.75 Td (various ) Tj ET Q q 0 0 0 rg BT 151.94 123.75 Td (online ) Tj ET Q q 0 0 0 rg BT 181.60 123.75 Td (activities. ) Tj ET Q q 0 0 0 rg BT 225.69 123.75 Td (W) Tj ET Q q 0 0 0 rg BT 234.94 123.75 Td (e ) Tj ET Q q 0 0 0 rg BT 243.47 123.75 Td (also ) Tj ET Q q 0 0 0 rg BT 264.78 123.75 Td (place ) Tj ET Q q 0 0 0 rg BT 291.66 123.75 Td (advertisements ) Tj ET Q q 0 0 0 rg BT 362.43 123.75 Td (displayed ) Tj ET Q q 0 0 0 rg BT 407.65 123.75 Td (on ) Tj ET Q q 0 0 0 rg BT 421.74 123.75 Td (other ) Tj ET Q q 0 0 0 rg BT 447.50 123.75 Td (companies? Tj ET Q q 0 0 0 rg BT 497.71 123.75 Td ( ) Tj ET Q q 0 0 0 rg BT 500.68 123.75 Td (websites, ) Tj ET Q q 0 0 0 rg BT 545.33 123.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 111.75 Td (we ) Tj ET Q q 0 0 0 rg BT 65.92 111.75 Td (of) Tj ET Q q 0 0 0 rg BT 74.08 111.75 Td (fer ) Tj ET Q q 0 0 0 rg BT 88.88 111.75 Td (third-party ) Tj ET Q q 0 0 0 rg BT 137.03 111.75 Td (products, ) Tj ET Q q 0 0 0 rg BT 181.29 111.75 Td (services, ) Tj ET Q q 0 0 0 rg BT 223.88 111.75 Td (and/or ) Tj ET Q q 0 0 0 rg BT 255.37 111.75 Td (content. ) Tj ET Q q 0 0 0 rg BT 293.88 111.75 Td (The ) Tj ET Q q 0 0 0 rg BT 314.25 111.75 Td (law ) Tj ET Q q 0 0 0 rg BT 332.39 111.75 Td (relating ) Tj ET Q q 0 0 0 rg BT 368.32 111.75 Td (to ) Tj ET Q q 0 0 0 rg BT 379.79 111.75 Td (the ) Tj ET Q q 0 0 0 rg BT 396.83 111.75 Td (liability ) Tj ET Q q 0 0 0 rg BT 429.97 111.75 Td (of ) Tj ET Q q 0 0 0 rg BT 441.44 111.75 Td (online ) Tj ET Q q 0 0 0 rg BT 471.27 111.75 Td (service ) Tj ET Q q 0 0 0 rg BT 506.07 111.75 Td (providers ) Tj ET Q q 0 0 0 rg BT 550.34 111.75 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 99.75 Td (others? Tj ET Q q 0 0 0 rg BT 79.64 99.75 Td ( ) Tj ET Q q 0 0 0 rg BT 81.74 99.75 Td (activities ) Tj ET Q q 0 0 0 rg BT 122.18 99.75 Td (on ) Tj ET Q q 0 0 0 rg BT 135.40 99.75 Td (their ) Tj ET Q q 0 0 0 rg BT 156.95 99.75 Td (services ) Tj ET Q q 0 0 0 rg BT 195.73 99.75 Td (is ) Tj ET Q q 0 0 0 rg BT 205.04 99.75 Td (still ) Tj ET Q q 0 0 0 rg BT 221.58 99.75 Td (somewhat ) Tj ET Q q 0 0 0 rg BT 269.26 99.75 Td (unsettled ) Tj ET Q q 0 0 0 rg BT 311.94 99.75 Td (both ) Tj ET Q q 0 0 0 rg BT 333.50 99.75 Td (within ) Tj ET Q q 0 0 0 rg BT 361.16 99.75 Td (the ) Tj ET Q q 0 0 0 rg BT 377.16 99.75 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 398.71 99.75 Td (and ) Tj ET Q q 0 0 0 rg BT 417.49 99.75 Td (internationally) Tj ET Q q 0 0 0 rg BT 478.45 99.75 Td (. ) Tj ET Q q 0 0 0 rg BT 483.33 99.75 Td (Claims ) Tj ET Q q 0 0 0 rg BT 515.98 99.75 Td (have ) Tj ET Q q 0 0 0 rg BT 539.76 99.75 Td (been ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 87.75 Td (brought ) Tj ET Q q 0 0 0 rg BT 87.55 87.75 Td (against ) Tj ET Q q 0 0 0 rg BT 123.44 87.75 Td (us ) Tj ET Q q 0 0 0 rg BT 137.64 87.75 Td (for ) Tj ET Q q 0 0 0 rg BT 152.94 87.75 Td (defamation, ) Tj ET Q q 0 0 0 rg BT 208.84 87.75 Td (negligence, ) Tj ET Q q 0 0 0 rg BT 263.63 87.75 Td (breaches ) Tj ET Q q 0 0 0 rg BT 308.40 87.75 Td (of ) Tj ET Q q 0 0 0 rg BT 320.38 87.75 Td (contract, ) Tj ET Q q 0 0 0 rg BT 362.36 87.75 Td (copyright ) Tj ET Q q 0 0 0 rg BT 406.58 87.75 Td (and ) Tj ET Q q 0 0 0 rg BT 426.90 87.75 Td (trademark ) Tj ET Q q 0 0 0 rg BT 475.55 87.75 Td (infringement, ) Tj ET Q q 0 0 0 rg BT 537.00 87.75 Td (unfair ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 75.75 Td (competition, ) Tj ET Q q 0 0 0 rg BT 107.96 75.75 Td (unlawful ) Tj ET Q q 0 0 0 rg BT 148.69 75.75 Td (activity) Tj ET Q q 0 0 0 rg BT 178.51 75.75 Td (, ) Tj ET Q q 0 0 0 rg BT 185.33 75.75 Td (torts, ) Tj ET Q q 0 0 0 rg BT 211.61 75.75 Td (fraud, ) Tj ET Q q 0 0 0 rg BT 241.22 75.75 Td (or ) Tj ET Q q 0 0 0 rg BT 254.16 75.75 Td (other ) Tj ET Q q 0 0 0 rg BT 280.99 75.75 Td (legal ) Tj ET Q q 0 0 0 rg BT 306.17 75.75 Td (theories ) Tj ET Q q 0 0 0 rg BT 345.79 75.75 Td (based ) Tj ET Q q 0 0 0 rg BT 377.08 75.75 Td (on ) Tj ET Q q 0 0 0 rg BT 392.24 75.75 Td (the ) Tj ET Q q 0 0 0 rg BT 410.19 75.75 Td (nature ) Tj ET Q q 0 0 0 rg BT 442.59 75.75 Td (and ) Tj ET Q q 0 0 0 rg BT 463.31 75.75 Td (content ) Tj ET Q q 0 0 0 rg BT 500.16 75.75 Td (of ) Tj ET Q q 0 0 0 rg BT 512.54 75.75 Td (information ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 63.75 Td (available ) Tj ET Q q 0 0 0 rg BT 92.25 63.75 Td (on ) Tj ET Q q 0 0 0 rg BT 106.15 63.75 Td (or ) Tj ET Q q 0 0 0 rg BT 117.82 63.75 Td (via ) Tj ET Q q 0 0 0 rg BT 133.38 63.75 Td (our ) Tj ET Q q 0 0 0 rg BT 150.62 63.75 Td (services.) Tj ET Q endstream endobj 37 0 obj <>] /Rotate 0 /Contents 38 0 R>> endobj 38 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 53 767.11455078125 m 123.04443359375 767.11455078125 l s q 0 0 1 rg BT 53.00 768.40 Td (T) Tj ET Q q 0 0 1 rg BT 57.50 768.40 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.396078431372549 0.396078431372549 0.396078431372549 rg BT 500.45 768.40 Td (Alphabet Inc.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.40 31.25 Td (17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 741.75 Td (W) Tj ET Q q 0 0 0 rg BT 82.26 741.75 Td (e ) Tj ET Q q 0 0 0 rg BT 89.56 741.75 Td (may ) Tj ET Q q 0 0 0 rg BT 110.18 741.75 Td (be ) Tj ET Q q 0 0 0 rg BT 123.04 741.75 Td (subject ) Tj ET Q q 0 0 0 rg BT 156.46 741.75 Td (to ) Tj ET Q q 0 0 0 rg BT 166.54 741.75 Td (claims ) Tj ET Q q 0 0 0 rg BT 196.61 741.75 Td (by ) Tj ET Q q 0 0 0 rg BT 208.91 741.75 Td (virtue ) Tj ET Q q 0 0 0 rg BT 235.10 741.75 Td (of ) Tj ET Q q 0 0 0 rg BT 245.17 741.75 Td (our ) Tj ET Q q 0 0 0 rg BT 261.36 741.75 Td (involvement ) Tj ET Q q 0 0 0 rg BT 316.46 741.75 Td (in ) Tj ET Q q 0 0 0 rg BT 325.98 741.75 Td (hosting, ) Tj ET Q q 0 0 0 rg BT 362.74 741.75 Td (transmitting, ) Tj ET Q q 0 0 0 rg BT 418.94 741.75 Td (marketing, ) Tj ET Q q 0 0 0 rg BT 467.36 741.75 Td (branding, ) Tj ET Q q 0 0 0 rg BT 510.80 741.75 Td (or ) Tj ET Q q 0 0 0 rg BT 521.42 741.75 Td (providing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 729.75 Td (access ) Tj ET Q q 0 0 0 rg BT 84.31 729.75 Td (to ) Tj ET Q q 0 0 0 rg BT 95.83 729.75 Td (content ) Tj ET Q q 0 0 0 rg BT 131.82 729.75 Td (created ) Tj ET Q q 0 0 0 rg BT 168.36 729.75 Td (by ) Tj ET Q q 0 0 0 rg BT 182.10 729.75 Td (third ) Tj ET Q q 0 0 0 rg BT 204.74 729.75 Td (parties. ) Tj ET Q q 0 0 0 rg BT 240.72 729.75 Td (Defense ) Tj ET Q q 0 0 0 rg BT 281.15 729.75 Td (of ) Tj ET Q q 0 0 0 rg BT 292.67 729.75 Td (any ) Tj ET Q q 0 0 0 rg BT 311.98 729.75 Td (such ) Tj ET Q q 0 0 0 rg BT 336.28 729.75 Td (actions ) Tj ET Q q 0 0 0 rg BT 371.15 729.75 Td (could ) Tj ET Q q 0 0 0 rg BT 398.24 729.75 Td (be ) Tj ET Q q 0 0 0 rg BT 412.55 729.75 Td (costly ) Tj ET Q q 0 0 0 rg BT 441.30 729.75 Td (and ) Tj ET Q q 0 0 0 rg BT 461.17 729.75 Td (involve ) Tj ET Q q 0 0 0 rg BT 495.48 729.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 543.13 729.75 Td (time ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 717.75 Td (and ) Tj ET Q q 0 0 0 rg BT 69.07 717.75 Td (attention ) Tj ET Q q 0 0 0 rg BT 109.83 717.75 Td (of ) Tj ET Q q 0 0 0 rg BT 120.56 717.75 Td (our ) Tj ET Q q 0 0 0 rg BT 137.40 717.75 Td (management ) Tj ET Q q 0 0 0 rg BT 198.16 717.75 Td (and ) Tj ET Q q 0 0 0 rg BT 217.23 717.75 Td (other ) Tj ET Q q 0 0 0 rg BT 242.41 717.75 Td (resources, ) Tj ET Q q 0 0 0 rg BT 291.49 717.75 Td (may ) Tj ET Q q 0 0 0 rg BT 312.77 717.75 Td (result ) Tj ET Q q 0 0 0 rg BT 339.61 717.75 Td (in ) Tj ET Q q 0 0 0 rg BT 349.78 717.75 Td (monetary ) Tj ET Q q 0 0 0 rg BT 393.86 717.75 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 434.04 717.75 Td (or ) Tj ET Q q 0 0 0 rg BT 445.32 717.75 Td (penalties, ) Tj ET Q q 0 0 0 rg BT 490.52 717.75 Td (and ) Tj ET Q q 0 0 0 rg BT 509.59 717.75 Td (may ) Tj ET Q q 0 0 0 rg BT 530.87 717.75 Td (require ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 705.75 Td (us ) Tj ET Q q 0 0 0 rg BT 63.34 705.75 Td (to ) Tj ET Q q 0 0 0 rg BT 74.46 705.75 Td (change ) Tj ET Q q 0 0 0 rg BT 110.04 705.75 Td (our ) Tj ET Q q 0 0 0 rg BT 127.28 705.75 Td (business ) Tj ET Q q 0 0 0 rg BT 169.52 705.75 Td (in ) Tj ET Q q 0 0 0 rg BT 180.08 705.75 Td (an ) Tj ET Q q 0 0 0 rg BT 193.98 705.75 Td (adverse ) Tj ET Q q 0 0 0 rg BT 232.34 705.75 Td (manner) Tj ET Q q 0 0 0 rg BT 265.69 705.75 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 72.50 687.75 Td (Privacy ) Tj ET Q q 0 0 0 rg BT 110.42 687.75 Td (and ) Tj ET Q q 0 0 0 rg BT 130.53 687.75 Td (data ) Tj ET Q q 0 0 0 rg BT 153.43 687.75 Td (protection ) Tj ET Q q 0 0 0 rg BT 204.65 687.75 Td (regulations ) Tj ET Q q 0 0 0 rg BT 260.88 687.75 Td (are ) Tj ET Q q 0 0 0 rg BT 278.22 687.75 Td (complex ) Tj ET Q q 0 0 0 rg BT 321.13 687.75 Td (and ) Tj ET Q q 0 0 0 rg BT 341.24 687.75 Td (rapidly ) Tj ET Q q 0 0 0 rg BT 376.36 687.75 Td (evolving ) Tj ET Q q 0 0 0 rg BT 419.26 687.75 Td (areas. ) Tj ET Q q 0 0 0 rg BT 450.20 687.75 Td (Adverse ) Tj ET Q q 0 0 0 rg BT 492.00 687.75 Td (interpretations ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 675.75 Td (of ) Tj ET Q q 0 0 0 rg BT 62.22 675.75 Td (these ) Tj ET Q q 0 0 0 rg BT 91.12 675.75 Td (laws ) Tj ET Q q 0 0 0 rg BT 115.58 675.75 Td (could ) Tj ET Q q 0 0 0 rg BT 145.02 675.75 Td (harm ) Tj ET Q q 0 0 0 rg BT 172.25 675.75 Td (our ) Tj ET Q q 0 0 0 rg BT 191.14 675.75 Td (business, ) Tj ET Q q 0 0 0 rg BT 240.04 675.75 Td (reputation, ) Tj ET Q q 0 0 0 rg BT 294.49 675.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 337.83 675.75 Td (condition, ) Tj ET Q q 0 0 0 rg BT 388.38 675.75 Td (and ) Tj ET Q q 0 0 0 rg BT 408.94 675.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 457.27 675.75 Td (results.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 657.75 Td (Authorities ) Tj ET Q q 0 0 0 rg BT 122.68 657.75 Td (around ) Tj ET Q q 0 0 0 rg BT 156.25 657.75 Td (the ) Tj ET Q q 0 0 0 rg BT 172.58 657.75 Td (world ) Tj ET Q q 0 0 0 rg BT 198.91 657.75 Td (have ) Tj ET Q q 0 0 0 rg BT 223.03 657.75 Td (adopted ) Tj ET Q q 0 0 0 rg BT 261.61 657.75 Td (and ) Tj ET Q q 0 0 0 rg BT 280.73 657.75 Td (are ) Tj ET Q q 0 0 0 rg BT 297.61 657.75 Td (considering ) Tj ET Q q 0 0 0 rg BT 351.19 657.75 Td (a ) Tj ET Q q 0 0 0 rg BT 359.18 657.75 Td (number ) Tj ET Q q 0 0 0 rg BT 395.52 657.75 Td (of ) Tj ET Q q 0 0 0 rg BT 406.29 657.75 Td (legislative ) Tj ET Q q 0 0 0 rg BT 452.64 657.75 Td (and ) Tj ET Q q 0 0 0 rg BT 471.75 657.75 Td (regulatory ) Tj ET Q q 0 0 0 rg BT 518.65 657.75 Td (proposals ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 645.75 Td (concerning ) Tj ET Q q 0 0 0 rg BT 101.38 645.75 Td (data ) Tj ET Q q 0 0 0 rg BT 123.31 645.75 Td (protection ) Tj ET Q q 0 0 0 rg BT 169.69 645.75 Td (and ) Tj ET Q q 0 0 0 rg BT 188.84 645.75 Td (limits ) Tj ET Q q 0 0 0 rg BT 214.07 645.75 Td (on ) Tj ET Q q 0 0 0 rg BT 227.66 645.75 Td (encryption ) Tj ET Q q 0 0 0 rg BT 276.26 645.75 Td (of ) Tj ET Q q 0 0 0 rg BT 287.07 645.75 Td (user ) Tj ET Q q 0 0 0 rg BT 308.98 645.75 Td (data. ) Tj ET Q q 0 0 0 rg BT 333.20 645.75 Td (Adverse ) Tj ET Q q 0 0 0 rg BT 372.35 645.75 Td (legal ) Tj ET Q q 0 0 0 rg BT 395.94 645.75 Td (rulings, ) Tj ET Q q 0 0 0 rg BT 430.64 645.75 Td (legislation, ) Tj ET Q q 0 0 0 rg BT 480.35 645.75 Td (or ) Tj ET Q q 0 0 0 rg BT 491.71 645.75 Td (regulation ) Tj ET Q q 0 0 0 rg BT 538.09 645.75 Td (could ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 633.75 Td (result ) Tj ET Q q 0 0 0 rg BT 76.58 633.75 Td (in ) Tj ET Q q 0 0 0 rg BT 86.48 633.75 Td (fines ) Tj ET Q q 0 0 0 rg BT 109.73 633.75 Td (and ) Tj ET Q q 0 0 0 rg BT 128.54 633.75 Td (orders ) Tj ET Q q 0 0 0 rg BT 159.00 633.75 Td (requiring ) Tj ET Q q 0 0 0 rg BT 200.04 633.75 Td (that ) Tj ET Q q 0 0 0 rg BT 218.84 633.75 Td (we ) Tj ET Q q 0 0 0 rg BT 233.75 633.75 Td (change ) Tj ET Q q 0 0 0 rg BT 268.68 633.75 Td (our ) Tj ET Q q 0 0 0 rg BT 285.25 633.75 Td (data ) Tj ET Q q 0 0 0 rg BT 306.84 633.75 Td (practices, ) Tj ET Q q 0 0 0 rg BT 351.76 633.75 Td (which ) Tj ET Q q 0 0 0 rg BT 379.45 633.75 Td (could ) Tj ET Q q 0 0 0 rg BT 405.47 633.75 Td (have ) Tj ET Q q 0 0 0 rg BT 429.28 633.75 Td (an ) Tj ET Q q 0 0 0 rg BT 442.53 633.75 Td (adverse ) Tj ET Q q 0 0 0 rg BT 480.23 633.75 Td (ef) Tj ET Q q 0 0 0 rg BT 488.39 633.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 506.63 633.75 Td (on ) Tj ET Q q 0 0 0 rg BT 519.87 633.75 Td (our ) Tj ET Q q 0 0 0 rg BT 536.45 633.75 Td (ability ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 621.75 Td (to ) Tj ET Q q 0 0 0 rg BT 61.12 621.75 Td (provide ) Tj ET Q q 0 0 0 rg BT 96.71 621.75 Td (services, ) Tj ET Q q 0 0 0 rg BT 138.94 621.75 Td (harming ) Tj ET Q q 0 0 0 rg BT 177.85 621.75 Td (our ) Tj ET Q q 0 0 0 rg BT 195.09 621.75 Td (business ) Tj ET Q q 0 0 0 rg BT 237.34 621.75 Td (operations. ) Tj ET Q q 0 0 0 rg BT 289.60 621.75 Td (Complying ) Tj ET Q q 0 0 0 rg BT 339.63 621.75 Td (with ) Tj ET Q q 0 0 0 rg BT 360.19 621.75 Td (these ) Tj ET Q q 0 0 0 rg BT 387.44 621.75 Td (evolving ) Tj ET Q q 0 0 0 rg BT 426.91 621.75 Td (laws ) Tj ET Q q 0 0 0 rg BT 449.70 621.75 Td (could ) Tj ET Q q 0 0 0 rg BT 476.39 621.75 Td (result ) Tj ET Q q 0 0 0 rg BT 503.63 621.75 Td (in ) Tj ET Q q 0 0 0 rg BT 514.20 621.75 Td (substantial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 609.75 Td (costs ) Tj ET Q q 0 0 0 rg BT 76.12 609.75 Td (and ) Tj ET Q q 0 0 0 rg BT 95.58 609.75 Td (harm ) Tj ET Q q 0 0 0 rg BT 121.14 609.75 Td (the ) Tj ET Q q 0 0 0 rg BT 137.82 609.75 Td (quality ) Tj ET Q q 0 0 0 rg BT 169.51 609.75 Td (of ) Tj ET Q q 0 0 0 rg BT 180.63 609.75 Td (our ) Tj ET Q q 0 0 0 rg BT 197.86 609.75 Td (products ) Tj ET Q q 0 0 0 rg BT 238.99 609.75 Td (and ) Tj ET Q q 0 0 0 rg BT 258.45 609.75 Td (services, ) Tj ET Q q 0 0 0 rg BT 300.68 609.75 Td (negatively ) Tj ET Q q 0 0 0 rg BT 348.49 609.75 Td (af) Tj ET Q q 0 0 0 rg BT 356.65 609.75 Td (fecting ) Tj ET Q q 0 0 0 rg BT 388.89 609.75 Td (our ) Tj ET Q q 0 0 0 rg BT 406.12 609.75 Td (business.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 591.75 Td (Recent ) Tj ET Q q 0 0 0 rg BT 107.15 591.75 Td (legal ) Tj ET Q q 0 0 0 rg BT 130.74 591.75 Td (developments ) Tj ET Q q 0 0 0 rg BT 195.47 591.75 Td (in ) Tj ET Q q 0 0 0 rg BT 205.72 591.75 Td (Europe ) Tj ET Q q 0 0 0 rg BT 240.43 591.75 Td (have ) Tj ET Q q 0 0 0 rg BT 264.58 591.75 Td (created ) Tj ET Q q 0 0 0 rg BT 300.40 591.75 Td (compliance ) Tj ET Q q 0 0 0 rg BT 353.44 591.75 Td (uncertainty ) Tj ET Q q 0 0 0 rg BT 404.82 591.75 Td (regarding ) Tj ET Q q 0 0 0 rg BT 449.54 591.75 Td (transfers ) Tj ET Q q 0 0 0 rg BT 490.90 591.75 Td (of ) Tj ET Q q 0 0 0 rg BT 501.71 591.75 Td (personal ) Tj ET Q q 0 0 0 rg BT 542.53 591.75 Td (data ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 579.75 Td (from ) Tj ET Q q 0 0 0 rg BT 72.78 579.75 Td (Europe ) Tj ET Q q 0 0 0 rg BT 107.81 579.75 Td (to ) Tj ET Q q 0 0 0 rg BT 118.93 579.75 Td (the ) Tj ET Q q 0 0 0 rg BT 135.62 579.75 Td (United ) Tj ET Q q 0 0 0 rg BT 167.30 579.75 Td (States. ) Tj ET Q q 0 0 0 rg BT 201.21 579.75 Td (For ) Tj ET Q q 0 0 0 rg BT 219.00 579.75 Td (example, ) Tj ET Q q 0 0 0 rg BT 262.36 579.75 Td (the ) Tj ET Q q 0 0 0 rg BT 279.04 579.75 Td (General ) Tj ET Q q 0 0 0 rg BT 317.40 579.75 Td (Data ) Tj ET Q q 0 0 0 rg BT 341.30 579.75 Td (Protection ) Tj ET Q q 0 0 0 rg BT 389.11 579.75 Td (Regulation ) Tj ET Q q 0 0 0 rg BT 439.70 579.75 Td (\(GDPR\) ) Tj ET Q q 0 0 0 rg BT 478.04 579.75 Td (applies ) Tj ET Q q 0 0 0 rg BT 512.51 579.75 Td (to ) Tj ET Q q 0 0 0 rg BT 523.63 579.75 Td (all ) Tj ET Q q 0 0 0 rg BT 536.42 579.75 Td (of ) Tj ET Q q 0 0 0 rg BT 547.54 579.75 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 567.75 Td (activities ) Tj ET Q q 0 0 0 rg BT 91.08 567.75 Td (conducted ) Tj ET Q q 0 0 0 rg BT 139.96 567.75 Td (from ) Tj ET Q q 0 0 0 rg BT 162.70 567.75 Td (an ) Tj ET Q q 0 0 0 rg BT 176.56 567.75 Td (establishment ) Tj ET Q q 0 0 0 rg BT 241.00 567.75 Td (in ) Tj ET Q q 0 0 0 rg BT 251.52 567.75 Td (the ) Tj ET Q q 0 0 0 rg BT 268.15 567.75 Td (EU ) Tj ET Q q 0 0 0 rg BT 284.78 567.75 Td (or ) Tj ET Q q 0 0 0 rg BT 296.41 567.75 Td (related ) Tj ET Q q 0 0 0 rg BT 329.72 567.75 Td (to ) Tj ET Q q 0 0 0 rg BT 340.80 567.75 Td (products ) Tj ET Q q 0 0 0 rg BT 381.89 567.75 Td (and ) Tj ET Q q 0 0 0 rg BT 401.31 567.75 Td (services ) Tj ET Q q 0 0 0 rg BT 440.72 567.75 Td (that ) Tj ET Q q 0 0 0 rg BT 460.14 567.75 Td (we ) Tj ET Q q 0 0 0 rg BT 475.66 567.75 Td (of) Tj ET Q q 0 0 0 rg BT 483.82 567.75 Td (fer ) Tj ET Q q 0 0 0 rg BT 498.22 567.75 Td (to ) Tj ET Q q 0 0 0 rg BT 509.30 567.75 Td (EU ) Tj ET Q q 0 0 0 rg BT 525.93 567.75 Td (users ) Tj ET Q q 0 0 0 rg BT 553.12 567.75 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 555.75 Td (customers, ) Tj ET Q q 0 0 0 rg BT 101.68 555.75 Td (or ) Tj ET Q q 0 0 0 rg BT 113.35 555.75 Td (the ) Tj ET Q q 0 0 0 rg BT 130.03 555.75 Td (monitoring ) Tj ET Q q 0 0 0 rg BT 179.50 555.75 Td (of ) Tj ET Q q 0 0 0 rg BT 190.62 555.75 Td (their ) Tj ET Q q 0 0 0 rg BT 212.85 555.75 Td (behavior ) Tj ET Q q 0 0 0 rg BT 253.98 555.75 Td (in ) Tj ET Q q 0 0 0 rg BT 264.55 555.75 Td (the ) Tj ET Q q 0 0 0 rg BT 281.23 555.75 Td (EU. ) Tj ET Q q 0 0 0 rg BT 300.49 555.75 Td (The ) Tj ET Q q 0 0 0 rg BT 320.50 555.75 Td (GDPR ) Tj ET Q q 0 0 0 rg BT 352.17 555.75 Td (creates ) Tj ET Q q 0 0 0 rg BT 387.74 555.75 Td (a ) Tj ET Q q 0 0 0 rg BT 396.08 555.75 Td (range ) Tj ET Q q 0 0 0 rg BT 424.44 555.75 Td (of ) Tj ET Q q 0 0 0 rg BT 435.56 555.75 Td (new ) Tj ET Q q 0 0 0 rg BT 456.68 555.75 Td (compliance ) Tj ET Q q 0 0 0 rg BT 510.04 555.75 Td (obligations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 537.75 Td (Ensuring ) Tj ET Q q 0 0 0 rg BT 115.13 537.75 Td (compliance ) Tj ET Q q 0 0 0 rg BT 168.37 537.75 Td (with ) Tj ET Q q 0 0 0 rg BT 188.81 537.75 Td (the ) Tj ET Q q 0 0 0 rg BT 205.37 537.75 Td (GDPR ) Tj ET Q q 0 0 0 rg BT 236.92 537.75 Td (is ) Tj ET Q q 0 0 0 rg BT 246.80 537.75 Td (an ) Tj ET Q q 0 0 0 rg BT 260.58 537.75 Td (ongoing ) Tj ET Q q 0 0 0 rg BT 298.83 537.75 Td (commitment ) Tj ET Q q 0 0 0 rg BT 355.95 537.75 Td (that ) Tj ET Q q 0 0 0 rg BT 375.29 537.75 Td (involves ) Tj ET Q q 0 0 0 rg BT 414.07 537.75 Td (substantial ) Tj ET Q q 0 0 0 rg BT 464.54 537.75 Td (costs, ) Tj ET Q q 0 0 0 rg BT 493.32 537.75 Td (and ) Tj ET Q q 0 0 0 rg BT 512.66 537.75 Td (despite ) Tj ET Q q 0 0 0 rg BT 547.57 537.75 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 525.75 Td (ef) Tj ET Q q 0 0 0 rg BT 58.16 525.75 Td (forts, ) Tj ET Q q 0 0 0 rg BT 83.25 525.75 Td (governmental ) Tj ET Q q 0 0 0 rg BT 146.70 525.75 Td (authorities ) Tj ET Q q 0 0 0 rg BT 195.71 525.75 Td (or ) Tj ET Q q 0 0 0 rg BT 207.46 525.75 Td (others ) Tj ET Q q 0 0 0 rg BT 238.12 525.75 Td (have ) Tj ET Q q 0 0 0 rg BT 262.67 525.75 Td (asserted ) Tj ET Q q 0 0 0 rg BT 303.88 525.75 Td (and ) Tj ET Q q 0 0 0 rg BT 323.43 525.75 Td (may ) Tj ET Q q 0 0 0 rg BT 345.19 525.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 385.86 525.75 Td (to ) Tj ET Q q 0 0 0 rg BT 397.06 525.75 Td (assert ) Tj ET Q q 0 0 0 rg BT 427.16 525.75 Td (that ) Tj ET Q q 0 0 0 rg BT 446.70 525.75 Td (our ) Tj ET Q q 0 0 0 rg BT 464.02 525.75 Td (business ) Tj ET Q q 0 0 0 rg BT 506.35 525.75 Td (practices ) Tj ET Q q 0 0 0 rg BT 549.23 525.75 Td (fail ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 513.75 Td (to ) Tj ET Q q 0 0 0 rg BT 61.19 513.75 Td (comply ) Tj ET Q q 0 0 0 rg BT 95.71 513.75 Td (with ) Tj ET Q q 0 0 0 rg BT 116.35 513.75 Td (its ) Tj ET Q q 0 0 0 rg BT 129.20 513.75 Td (requirements. ) Tj ET Q q 0 0 0 rg BT 193.19 513.75 Td (If ) Tj ET Q q 0 0 0 rg BT 201.59 513.75 Td (our ) Tj ET Q q 0 0 0 rg BT 218.90 513.75 Td (operations ) Tj ET Q q 0 0 0 rg BT 268.45 513.75 Td (are ) Tj ET Q q 0 0 0 rg BT 285.75 513.75 Td (found ) Tj ET Q q 0 0 0 rg BT 313.62 513.75 Td (to ) Tj ET Q q 0 0 0 rg BT 324.81 513.75 Td (violate ) Tj ET Q q 0 0 0 rg BT 356.57 513.75 Td (GDPR ) Tj ET Q q 0 0 0 rg BT 388.31 513.75 Td (requirements, ) Tj ET Q q 0 0 0 rg BT 452.30 513.75 Td (we ) Tj ET Q q 0 0 0 rg BT 467.93 513.75 Td (may ) Tj ET Q q 0 0 0 rg BT 489.67 513.75 Td (incur ) Tj ET Q q 0 0 0 rg BT 514.20 513.75 Td (substantial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 501.75 Td (fines, ) Tj ET Q q 0 0 0 rg BT 76.28 501.75 Td (have ) Tj ET Q q 0 0 0 rg BT 100.34 501.75 Td (to ) Tj ET Q q 0 0 0 rg BT 111.06 501.75 Td (change ) Tj ET Q q 0 0 0 rg BT 146.25 501.75 Td (our ) Tj ET Q q 0 0 0 rg BT 163.08 501.75 Td (business ) Tj ET Q q 0 0 0 rg BT 204.93 501.75 Td (practices, ) Tj ET Q q 0 0 0 rg BT 250.10 501.75 Td (and ) Tj ET Q q 0 0 0 rg BT 269.17 501.75 Td (face ) Tj ET Q q 0 0 0 rg BT 290.45 501.75 Td (reputational ) Tj ET Q q 0 0 0 rg BT 345.09 501.75 Td (harm, ) Tj ET Q q 0 0 0 rg BT 373.03 501.75 Td (any ) Tj ET Q q 0 0 0 rg BT 391.53 501.75 Td (of ) Tj ET Q q 0 0 0 rg BT 402.25 501.75 Td (which ) Tj ET Q q 0 0 0 rg BT 430.20 501.75 Td (could ) Tj ET Q q 0 0 0 rg BT 456.48 501.75 Td (have ) Tj ET Q q 0 0 0 rg BT 480.55 501.75 Td (a ) Tj ET Q q 0 0 0 rg BT 488.49 501.75 Td (material ) Tj ET Q q 0 0 0 rg BT 526.43 501.75 Td (adverse ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 489.75 Td (ef) Tj ET Q q 0 0 0 rg BT 58.16 489.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 77.37 489.75 Td (on ) Tj ET Q q 0 0 0 rg BT 91.59 489.75 Td (our ) Tj ET Q q 0 0 0 rg BT 109.15 489.75 Td (business. ) Tj ET Q q 0 0 0 rg BT 154.49 489.75 Td (In ) Tj ET Q q 0 0 0 rg BT 165.93 489.75 Td (particular) Tj ET Q q 0 0 0 rg BT 206.50 489.75 Td (, ) Tj ET Q q 0 0 0 rg BT 212.38 489.75 Td (serious ) Tj ET Q q 0 0 0 rg BT 247.71 489.75 Td (breaches ) Tj ET Q q 0 0 0 rg BT 291.95 489.75 Td (of ) Tj ET Q q 0 0 0 rg BT 303.38 489.75 Td (the ) Tj ET Q q 0 0 0 rg BT 320.38 489.75 Td (GDPR ) Tj ET Q q 0 0 0 rg BT 352.37 489.75 Td (can ) Tj ET Q q 0 0 0 rg BT 371.59 489.75 Td (result ) Tj ET Q q 0 0 0 rg BT 399.14 489.75 Td (in ) Tj ET Q q 0 0 0 rg BT 410.02 489.75 Td (administrative ) Tj ET Q q 0 0 0 rg BT 474.81 489.75 Td (fines ) Tj ET Q q 0 0 0 rg BT 499.03 489.75 Td (of ) Tj ET Q q 0 0 0 rg BT 510.46 489.75 Td (up ) Tj ET Q q 0 0 0 rg BT 524.68 489.75 Td (to ) Tj ET Q q 0 0 0 rg BT 536.12 489.75 Td (4% ) Tj ET Q q 0 0 0 rg BT 553.67 489.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 477.75 Td (annual ) Tj ET Q q 0 0 0 rg BT 81.76 477.75 Td (worldwide ) Tj ET Q q 0 0 0 rg BT 127.95 477.75 Td (revenues. ) Tj ET Q q 0 0 0 rg BT 173.60 477.75 Td (Fines ) Tj ET Q q 0 0 0 rg BT 199.79 477.75 Td (of ) Tj ET Q q 0 0 0 rg BT 209.86 477.75 Td (up ) Tj ET Q q 0 0 0 rg BT 222.71 477.75 Td (to ) Tj ET Q q 0 0 0 rg BT 232.78 477.75 Td (2% ) Tj ET Q q 0 0 0 rg BT 248.96 477.75 Td (of ) Tj ET Q q 0 0 0 rg BT 259.04 477.75 Td (annual ) Tj ET Q q 0 0 0 rg BT 290.80 477.75 Td (worldwide) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 335.26 477.75 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.99 477.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 379.86 477.75 Td (can ) Tj ET Q q 0 0 0 rg BT 397.71 477.75 Td (be ) Tj ET Q q 0 0 0 rg BT 410.57 477.75 Td (levied ) Tj ET Q q 0 0 0 rg BT 438.43 477.75 Td (for ) Tj ET Q q 0 0 0 rg BT 451.83 477.75 Td (other ) Tj ET Q q 0 0 0 rg BT 476.35 477.75 Td (specified ) Tj ET Q q 0 0 0 rg BT 517.55 477.75 Td (violations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 459.75 Td (The ) Tj ET Q q 0 0 0 rg BT 93.49 459.75 Td (EU-U.S. ) Tj ET Q q 0 0 0 rg BT 133.41 459.75 Td (and ) Tj ET Q q 0 0 0 rg BT 153.35 459.75 Td (the ) Tj ET Q q 0 0 0 rg BT 170.51 459.75 Td (Swiss-U.S. ) Tj ET Q q 0 0 0 rg BT 222.66 459.75 Td (Privacy ) Tj ET Q q 0 0 0 rg BT 258.70 459.75 Td (Shield ) Tj ET Q q 0 0 0 rg BT 289.75 459.75 Td (frameworks ) Tj ET Q q 0 0 0 rg BT 344.68 459.75 Td (allow ) Tj ET Q q 0 0 0 rg BT 370.73 459.75 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 393.43 459.75 Td (companies ) Tj ET Q q 0 0 0 rg BT 445.04 459.75 Td (that ) Tj ET Q q 0 0 0 rg BT 464.98 459.75 Td (self-certify ) Tj ET Q q 0 0 0 rg BT 513.80 459.75 Td (to ) Tj ET Q q 0 0 0 rg BT 525.39 459.75 Td (the ) Tj ET Q q 0 0 0 rg BT 542.55 459.75 Td (U.S. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 447.75 Td (Department ) Tj ET Q q 0 0 0 rg BT 104.55 447.75 Td (of ) Tj ET Q q 0 0 0 rg BT 115.18 447.75 Td (Commerce ) Tj ET Q q 0 0 0 rg BT 166.38 447.75 Td (and ) Tj ET Q q 0 0 0 rg BT 185.36 447.75 Td (publicly ) Tj ET Q q 0 0 0 rg BT 221.01 447.75 Td (commit ) Tj ET Q q 0 0 0 rg BT 255.53 447.75 Td (to ) Tj ET Q q 0 0 0 rg BT 266.17 447.75 Td (comply ) Tj ET Q q 0 0 0 rg BT 300.15 447.75 Td (with ) Tj ET Q q 0 0 0 rg BT 320.23 447.75 Td (specified ) Tj ET Q q 0 0 0 rg BT 362.00 447.75 Td (requirements ) Tj ET Q q 0 0 0 rg BT 422.66 447.75 Td (to ) Tj ET Q q 0 0 0 rg BT 433.29 447.75 Td (import ) Tj ET Q q 0 0 0 rg BT 463.38 447.75 Td (personal ) Tj ET Q q 0 0 0 rg BT 504.04 447.75 Td (data ) Tj ET Q q 0 0 0 rg BT 525.80 447.75 Td (from ) Tj ET Q q 0 0 0 rg BT 548.10 447.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 435.75 Td (EU ) Tj ET Q q 0 0 0 rg BT 66.36 435.75 Td (and ) Tj ET Q q 0 0 0 rg BT 85.52 435.75 Td (Switzerland. ) Tj ET Q q 0 0 0 rg BT 142.45 435.75 Td (However) Tj ET Q q 0 0 0 rg BT 181.36 435.75 Td (, ) Tj ET Q q 0 0 0 rg BT 186.61 435.75 Td (these ) Tj ET Q q 0 0 0 rg BT 213.54 435.75 Td (frameworks ) Tj ET Q q 0 0 0 rg BT 267.69 435.75 Td (face ) Tj ET Q q 0 0 0 rg BT 289.06 435.75 Td (a ) Tj ET Q q 0 0 0 rg BT 297.09 435.75 Td (number ) Tj ET Q q 0 0 0 rg BT 333.47 435.75 Td (of ) Tj ET Q q 0 0 0 rg BT 344.28 435.75 Td (legal ) Tj ET Q q 0 0 0 rg BT 367.88 435.75 Td (challenges ) Tj ET Q q 0 0 0 rg BT 418.16 435.75 Td (and ) Tj ET Q q 0 0 0 rg BT 437.31 435.75 Td (their ) Tj ET Q q 0 0 0 rg BT 459.24 435.75 Td (validity ) Tj ET Q q 0 0 0 rg BT 492.27 435.75 Td (remains ) Tj ET Q q 0 0 0 rg BT 530.31 435.75 Td (subject ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 423.75 Td (to ) Tj ET Q q 0 0 0 rg BT 60.98 423.75 Td (legal, ) Tj ET Q q 0 0 0 rg BT 87.52 423.75 Td (regulatory) Tj ET Q q 0 0 0 rg BT 131.25 423.75 Td (, ) Tj ET Q q 0 0 0 rg BT 136.66 423.75 Td (and ) Tj ET Q q 0 0 0 rg BT 155.98 423.75 Td (political ) Tj ET Q q 0 0 0 rg BT 191.97 423.75 Td (developments ) Tj ET Q q 0 0 0 rg BT 256.87 423.75 Td (in ) Tj ET Q q 0 0 0 rg BT 267.29 423.75 Td (both ) Tj ET Q q 0 0 0 rg BT 289.39 423.75 Td (Europe ) Tj ET Q q 0 0 0 rg BT 324.27 423.75 Td (and ) Tj ET Q q 0 0 0 rg BT 343.59 423.75 Td (the ) Tj ET Q q 0 0 0 rg BT 360.13 423.75 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 382.05 423.75 Td (The ) Tj ET Q q 0 0 0 rg BT 401.92 423.75 Td (potential ) Tj ET Q q 0 0 0 rg BT 442.36 423.75 Td (invalidation ) Tj ET Q q 0 0 0 rg BT 495.03 423.75 Td (of ) Tj ET Q q 0 0 0 rg BT 506.01 423.75 Td (data ) Tj ET Q q 0 0 0 rg BT 528.11 423.75 Td (transfer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 411.75 Td (mechanisms ) Tj ET Q q 0 0 0 rg BT 109.17 411.75 Td (could ) Tj ET Q q 0 0 0 rg BT 136.12 411.75 Td (have ) Tj ET Q q 0 0 0 rg BT 160.85 411.75 Td (a ) Tj ET Q q 0 0 0 rg BT 169.45 411.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 216.96 411.75 Td (adverse ) Tj ET Q q 0 0 0 rg BT 255.58 411.75 Td (impact ) Tj ET Q q 0 0 0 rg BT 288.08 411.75 Td (on ) Tj ET Q q 0 0 0 rg BT 302.24 411.75 Td (our ) Tj ET Q q 0 0 0 rg BT 319.74 411.75 Td (ability ) Tj ET Q q 0 0 0 rg BT 348.35 411.75 Td (to ) Tj ET Q q 0 0 0 rg BT 359.73 411.75 Td (process ) Tj ET Q q 0 0 0 rg BT 397.79 411.75 Td (and ) Tj ET Q q 0 0 0 rg BT 417.52 411.75 Td (transfer ) Tj ET Q q 0 0 0 rg BT 454.46 411.75 Td (personal ) Tj ET Q q 0 0 0 rg BT 495.86 411.75 Td (data ) Tj ET Q q 0 0 0 rg BT 518.37 411.75 Td (outside ) Tj ET Q q 0 0 0 rg BT 553.66 411.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 399.75 Td (the ) Tj ET Q q 0 0 0 rg BT 66.68 399.75 Td (EEA. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 381.75 Td (These ) Tj ET Q q 0 0 0 rg BT 103.09 381.75 Td (developments ) Tj ET Q q 0 0 0 rg BT 167.65 381.75 Td (create ) Tj ET Q q 0 0 0 rg BT 197.74 381.75 Td (some ) Tj ET Q q 0 0 0 rg BT 224.50 381.75 Td (uncertainty) Tj ET Q q 0 0 0 rg BT 272.67 381.75 Td (, ) Tj ET Q q 0 0 0 rg BT 277.75 381.75 Td (and ) Tj ET Q q 0 0 0 rg BT 296.73 381.75 Td (compliance ) Tj ET Q q 0 0 0 rg BT 349.61 381.75 Td (obligations ) Tj ET Q q 0 0 0 rg BT 399.72 381.75 Td (could ) Tj ET Q q 0 0 0 rg BT 425.93 381.75 Td (cause ) Tj ET Q q 0 0 0 rg BT 454.91 381.75 Td (us ) Tj ET Q q 0 0 0 rg BT 467.77 381.75 Td (to ) Tj ET Q q 0 0 0 rg BT 478.41 381.75 Td (incur ) Tj ET Q q 0 0 0 rg BT 502.39 381.75 Td (costs ) Tj ET Q q 0 0 0 rg BT 528.03 381.75 Td (or ) Tj ET Q q 0 0 0 rg BT 539.22 381.75 Td (harm ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 369.75 Td (the ) Tj ET Q q 0 0 0 rg BT 66.68 369.75 Td (operations ) Tj ET Q q 0 0 0 rg BT 116.16 369.75 Td (of ) Tj ET Q q 0 0 0 rg BT 127.28 369.75 Td (our ) Tj ET Q q 0 0 0 rg BT 144.51 369.75 Td (products ) Tj ET Q q 0 0 0 rg BT 185.64 369.75 Td (and ) Tj ET Q q 0 0 0 rg BT 205.10 369.75 Td (services ) Tj ET Q q 0 0 0 rg BT 244.56 369.75 Td (in ) Tj ET Q q 0 0 0 rg BT 255.12 369.75 Td (ways ) Tj ET Q q 0 0 0 rg BT 280.68 369.75 Td (that ) Tj ET Q q 0 0 0 rg BT 300.14 369.75 Td (harm ) Tj ET Q q 0 0 0 rg BT 325.70 369.75 Td (our ) Tj ET Q q 0 0 0 rg BT 342.93 369.75 Td (business.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 73.00 351.75 Td (W) Tj ET Q q 0 0 0 rg BT 82.26 351.75 Td (e ) Tj ET Q q 0 0 0 rg BT 90.48 351.75 Td (face, ) Tj ET Q q 0 0 0 rg BT 115.93 351.75 Td (and ) Tj ET Q q 0 0 0 rg BT 136.37 351.75 Td (may ) Tj ET Q q 0 0 0 rg BT 159.04 351.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 203.37 351.75 Td (to ) Tj ET Q q 0 0 0 rg BT 215.46 351.75 Td (face ) Tj ET Q q 0 0 0 rg BT 238.14 351.75 Td (intellectual ) Tj ET Q q 0 0 0 rg BT 293.03 351.75 Td (property ) Tj ET Q q 0 0 0 rg BT 336.25 351.75 Td (and ) Tj ET Q q 0 0 0 rg BT 356.69 351.75 Td (other ) Tj ET Q q 0 0 0 rg BT 384.35 351.75 Td (claims ) Tj ET Q q 0 0 0 rg BT 418.14 351.75 Td (that ) Tj ET Q q 0 0 0 rg BT 439.13 351.75 Td (could ) Tj ET Q q 0 0 0 rg BT 468.46 351.75 Td (be ) Tj ET Q q 0 0 0 rg BT 482.79 351.75 Td (costly ) Tj ET Q q 0 0 0 rg BT 514.35 351.75 Td (to ) Tj ET Q q 0 0 0 rg BT 526.44 351.75 Td (defend, ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 339.75 Td (result ) Tj ET Q q 0 0 0 rg BT 79.73 339.75 Td (in ) Tj ET Q q 0 0 0 rg BT 91.12 339.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 143.62 339.75 Td (damage ) Tj ET Q q 0 0 0 rg BT 183.92 339.75 Td (awards ) Tj ET Q q 0 0 0 rg BT 220.88 339.75 Td (or ) Tj ET Q q 0 0 0 rg BT 233.38 339.75 Td (other ) Tj ET Q q 0 0 0 rg BT 260.88 339.75 Td (costs ) Tj ET Q q 0 0 0 rg BT 289.50 339.75 Td (\(including ) Tj ET Q q 0 0 0 rg BT 339.77 339.75 Td (indemnification ) Tj ET Q q 0 0 0 rg BT 416.16 339.75 Td (awards\), ) Tj ET Q q 0 0 0 rg BT 459.23 339.75 Td (and ) Tj ET Q q 0 0 0 rg BT 479.51 339.75 Td (limit ) Tj ET Q q 0 0 0 rg BT 502.57 339.75 Td (our ) Tj ET Q q 0 0 0 rg BT 521.18 339.75 Td (ability ) Tj ET Q q 0 0 0 rg BT 552.57 339.75 Td (to ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 327.75 Td (use ) Tj ET Q q 0 0 0 rg BT 70.01 327.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 105.58 327.75 Td (technologies ) Tj ET Q q 0 0 0 rg BT 170.03 327.75 Td (in ) Tj ET Q q 0 0 0 rg BT 181.70 327.75 Td (the ) Tj ET Q q 0 0 0 rg BT 199.48 327.75 Td (future. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 309.75 Td (W) Tj ET Q q 0 0 0 rg BT 82.26 309.75 Td (e, ) Tj ET Q q 0 0 0 rg BT 92.53 309.75 Td (like ) Tj ET Q q 0 0 0 rg BT 109.46 309.75 Td (other ) Tj ET Q q 0 0 0 rg BT 134.18 309.75 Td ( ) Tj ET Q q 0 0 0 rg BT 136.11 309.75 Td (internet, ) Tj ET Q q 0 0 0 rg BT 174.17 309.75 Td (technology ) Tj ET Q q 0 0 0 rg BT 224.47 309.75 Td (and ) Tj ET Q q 0 0 0 rg BT 243.09 309.75 Td (media ) Tj ET Q q 0 0 0 rg BT 272.25 309.75 Td (companies, ) Tj ET Q q 0 0 0 rg BT 325.32 309.75 Td (hold ) Tj ET Q q 0 0 0 rg BT 346.15 309.75 Td (large ) Tj ET Q q 0 0 0 rg BT 370.32 309.75 Td (numbers ) Tj ET Q q 0 0 0 rg BT 411.16 309.75 Td (of ) Tj ET Q q 0 0 0 rg BT 421.42 309.75 Td (patents, ) Tj ET Q q 0 0 0 rg BT 458.93 309.75 Td (copyrights, ) Tj ET Q q 0 0 0 rg BT 509.22 309.75 Td (trademarks, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 297.75 Td (and ) Tj ET Q q 0 0 0 rg BT 70.05 297.75 Td (trade ) Tj ET Q q 0 0 0 rg BT 96.21 297.75 Td (secrets ) Tj ET Q q 0 0 0 rg BT 131.81 297.75 Td (and ) Tj ET Q q 0 0 0 rg BT 151.87 297.75 Td (are ) Tj ET Q q 0 0 0 rg BT 169.69 297.75 Td (frequently ) Tj ET Q q 0 0 0 rg BT 216.97 297.75 Td (subject ) Tj ET Q q 0 0 0 rg BT 252.03 297.75 Td (to ) Tj ET Q q 0 0 0 rg BT 263.74 297.75 Td (litigation ) Tj ET Q q 0 0 0 rg BT 303.79 297.75 Td (based ) Tj ET Q q 0 0 0 rg BT 334.41 297.75 Td (on ) Tj ET Q q 0 0 0 rg BT 348.90 297.75 Td (allegations ) Tj ET Q q 0 0 0 rg BT 400.08 297.75 Td (of ) Tj ET Q q 0 0 0 rg BT 411.79 297.75 Td (infringement ) Tj ET Q q 0 0 0 rg BT 470.19 297.75 Td (or ) Tj ET Q q 0 0 0 rg BT 482.45 297.75 Td (other ) Tj ET Q q 0 0 0 rg BT 508.61 297.75 Td (violations ) Tj ET Q q 0 0 0 rg BT 553.67 297.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 285.75 Td (intellectual ) Tj ET Q q 0 0 0 rg BT 99.12 285.75 Td (property ) Tj ET Q q 0 0 0 rg BT 137.67 285.75 Td (rights. ) Tj ET Q q 0 0 0 rg BT 166.77 285.75 Td (In ) Tj ET Q q 0 0 0 rg BT 176.98 285.75 Td (addition, ) Tj ET Q q 0 0 0 rg BT 216.66 285.75 Td (patent-holding ) Tj ET Q q 0 0 0 rg BT 281.91 285.75 Td (companies ) Tj ET Q q 0 0 0 rg BT 332.13 285.75 Td (may ) Tj ET Q q 0 0 0 rg BT 352.89 285.75 Td (frequently ) Tj ET Q q 0 0 0 rg BT 398.68 285.75 Td (seek ) Tj ET Q q 0 0 0 rg BT 421.67 285.75 Td (to ) Tj ET Q q 0 0 0 rg BT 431.88 285.75 Td (generate ) Tj ET Q q 0 0 0 rg BT 473.22 285.75 Td (income ) Tj ET Q q 0 0 0 rg BT 507.33 285.75 Td (from ) Tj ET Q q 0 0 0 rg BT 529.20 285.75 Td (patents ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 273.75 Td (they ) Tj ET Q q 0 0 0 rg BT 70.93 273.75 Td (have ) Tj ET Q q 0 0 0 rg BT 94.65 273.75 Td (obtained ) Tj ET Q q 0 0 0 rg BT 135.05 273.75 Td (by ) Tj ET Q q 0 0 0 rg BT 147.65 273.75 Td (bringing ) Tj ET Q q 0 0 0 rg BT 185.26 273.75 Td (claims ) Tj ET Q q 0 0 0 rg BT 215.63 273.75 Td (against ) Tj ET Q q 0 0 0 rg BT 249.90 273.75 Td (us. ) Tj ET Q q 0 0 0 rg BT 264.87 273.75 Td (As ) Tj ET Q q 0 0 0 rg BT 278.57 273.75 Td (we ) Tj ET Q q 0 0 0 rg BT 293.39 273.75 Td (have ) Tj ET Q q 0 0 0 rg BT 317.11 273.75 Td (grown, ) Tj ET Q q 0 0 0 rg BT 349.15 273.75 Td (the ) Tj ET Q q 0 0 0 rg BT 365.09 273.75 Td (number ) Tj ET Q q 0 0 0 rg BT 401.03 273.75 Td (of ) Tj ET Q q 0 0 0 rg BT 411.40 273.75 Td (intellectual ) Tj ET Q q 0 0 0 rg BT 460.68 273.75 Td (property ) Tj ET Q q 0 0 0 rg BT 499.40 273.75 Td (claims ) Tj ET Q q 0 0 0 rg BT 529.77 273.75 Td (against ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 261.75 Td (us ) Tj ET Q q 0 0 0 rg BT 63.34 261.75 Td (has ) Tj ET Q q 0 0 0 rg BT 82.24 261.75 Td (increased ) Tj ET Q q 0 0 0 rg BT 128.38 261.75 Td (and ) Tj ET Q q 0 0 0 rg BT 147.84 261.75 Td (may ) Tj ET Q q 0 0 0 rg BT 169.51 261.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 210.10 261.75 Td (to ) Tj ET Q q 0 0 0 rg BT 221.22 261.75 Td (increase ) Tj ET Q q 0 0 0 rg BT 261.79 261.75 Td (as ) Tj ET Q q 0 0 0 rg BT 275.13 261.75 Td (we ) Tj ET Q q 0 0 0 rg BT 290.69 261.75 Td (develop ) Tj ET Q q 0 0 0 rg BT 328.50 261.75 Td (new ) Tj ET Q q 0 0 0 rg BT 349.62 261.75 Td (products, ) Tj ET Q q 0 0 0 rg BT 393.54 261.75 Td (services, ) Tj ET Q q 0 0 0 rg BT 435.77 261.75 Td (and ) Tj ET Q q 0 0 0 rg BT 455.23 261.75 Td (technologies.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 243.75 Td (W) Tj ET Q q 0 0 0 rg BT 82.26 243.75 Td (e ) Tj ET Q q 0 0 0 rg BT 90.64 243.75 Td (have ) Tj ET Q q 0 0 0 rg BT 115.14 243.75 Td (had ) Tj ET Q q 0 0 0 rg BT 134.64 243.75 Td (patent, ) Tj ET Q q 0 0 0 rg BT 168.04 243.75 Td (copyright, ) Tj ET Q q 0 0 0 rg BT 214.21 243.75 Td (trade ) Tj ET Q q 0 0 0 rg BT 239.82 243.75 Td (secret, ) Tj ET Q q 0 0 0 rg BT 272.65 243.75 Td (and ) Tj ET Q q 0 0 0 rg BT 292.15 243.75 Td (trademark ) Tj ET Q q 0 0 0 rg BT 339.99 243.75 Td (infringement ) Tj ET Q q 0 0 0 rg BT 397.83 243.75 Td (lawsuits ) Tj ET Q q 0 0 0 rg BT 436.22 243.75 Td (filed ) Tj ET Q q 0 0 0 rg BT 457.38 243.75 Td (against ) Tj ET Q q 0 0 0 rg BT 492.44 243.75 Td (us ) Tj ET Q q 0 0 0 rg BT 505.82 243.75 Td (claiming ) Tj ET Q q 0 0 0 rg BT 545.32 243.75 Td (that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 231.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 82.21 231.75 Td (of ) Tj ET Q q 0 0 0 rg BT 92.74 231.75 Td (our ) Tj ET Q q 0 0 0 rg BT 109.38 231.75 Td (products, ) Tj ET Q q 0 0 0 rg BT 152.71 231.75 Td (services, ) Tj ET Q q 0 0 0 rg BT 194.36 231.75 Td (and ) Tj ET Q q 0 0 0 rg BT 213.23 231.75 Td (technologies ) Tj ET Q q 0 0 0 rg BT 271.58 231.75 Td (infringe ) Tj ET Q q 0 0 0 rg BT 306.57 231.75 Td (the ) Tj ET Q q 0 0 0 rg BT 322.66 231.75 Td (intellectual ) Tj ET Q q 0 0 0 rg BT 372.10 231.75 Td (property ) Tj ET Q q 0 0 0 rg BT 410.98 231.75 Td (rights ) Tj ET Q q 0 0 0 rg BT 437.63 231.75 Td (of ) Tj ET Q q 0 0 0 rg BT 448.16 231.75 Td (others. ) Tj ET Q q 0 0 0 rg BT 480.92 231.75 Td (Other ) Tj ET Q q 0 0 0 rg BT 508.13 231.75 Td (parties ) Tj ET Q q 0 0 0 rg BT 540.33 231.75 Td (have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 219.75 Td (also ) Tj ET Q q 0 0 0 rg BT 70.66 219.75 Td (sought ) Tj ET Q q 0 0 0 rg BT 103.01 219.75 Td (broad ) Tj ET Q q 0 0 0 rg BT 130.90 219.75 Td (injunctive ) Tj ET Q q 0 0 0 rg BT 174.91 219.75 Td (relief ) Tj ET Q q 0 0 0 rg BT 198.90 219.75 Td (against ) Tj ET Q q 0 0 0 rg BT 233.47 219.75 Td (us ) Tj ET Q q 0 0 0 rg BT 246.35 219.75 Td (by ) Tj ET Q q 0 0 0 rg BT 259.23 219.75 Td (filing ) Tj ET Q q 0 0 0 rg BT 282.11 219.75 Td (claims ) Tj ET Q q 0 0 0 rg BT 312.76 219.75 Td (in ) Tj ET Q q 0 0 0 rg BT 322.87 219.75 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 344.63 219.75 Td (and ) Tj ET Q q 0 0 0 rg BT 363.63 219.75 Td (international ) Tj ET Q q 0 0 0 rg BT 420.44 219.75 Td (courts ) Tj ET Q q 0 0 0 rg BT 449.99 219.75 Td (and ) Tj ET Q q 0 0 0 rg BT 468.99 219.75 Td (the ) Tj ET Q q 0 0 0 rg BT 485.21 219.75 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 506.97 219.75 Td (International ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 207.75 Td (T) Tj ET Q q 0 0 0 rg BT 55.74 207.75 Td (rade ) Tj ET Q q 0 0 0 rg BT 78.74 207.75 Td (Commission ) Tj ET Q q 0 0 0 rg BT 136.73 207.75 Td (\(ITC\) ) Tj ET Q q 0 0 0 rg BT 162.48 207.75 Td (for ) Tj ET Q q 0 0 0 rg BT 177.13 207.75 Td (exclusion ) Tj ET Q q 0 0 0 rg BT 221.81 207.75 Td (and ) Tj ET Q q 0 0 0 rg BT 241.47 207.75 Td (cease-and-desist ) Tj ET Q q 0 0 0 rg BT 320.61 207.75 Td (orders, ) Tj ET Q q 0 0 0 rg BT 354.72 207.75 Td (which ) Tj ET Q q 0 0 0 rg BT 383.27 207.75 Td (could ) Tj ET Q q 0 0 0 rg BT 410.16 207.75 Td (limit ) Tj ET Q q 0 0 0 rg BT 430.91 207.75 Td (our ) Tj ET Q q 0 0 0 rg BT 448.35 207.75 Td (ability ) Tj ET Q q 0 0 0 rg BT 476.90 207.75 Td (to ) Tj ET Q q 0 0 0 rg BT 488.22 207.75 Td (sell ) Tj ET Q q 0 0 0 rg BT 506.21 207.75 Td (our ) Tj ET Q q 0 0 0 rg BT 523.65 207.75 Td (products ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 195.75 Td (or ) Tj ET Q q 0 0 0 rg BT 62.15 195.75 Td (services ) Tj ET Q q 0 0 0 rg BT 102.09 195.75 Td (in ) Tj ET Q q 0 0 0 rg BT 113.13 195.75 Td (the ) Tj ET Q q 0 0 0 rg BT 130.29 195.75 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 153.00 195.75 Td (or ) Tj ET Q q 0 0 0 rg BT 165.15 195.75 Td (elsewhere ) Tj ET Q q 0 0 0 rg BT 213.99 195.75 Td (if ) Tj ET Q q 0 0 0 rg BT 222.25 195.75 Td (our ) Tj ET Q q 0 0 0 rg BT 239.96 195.75 Td (products ) Tj ET Q q 0 0 0 rg BT 281.58 195.75 Td (or ) Tj ET Q q 0 0 0 rg BT 293.73 195.75 Td (services ) Tj ET Q q 0 0 0 rg BT 333.66 195.75 Td (or ) Tj ET Q q 0 0 0 rg BT 345.81 195.75 Td (those ) Tj ET Q q 0 0 0 rg BT 373.54 195.75 Td (of ) Tj ET Q q 0 0 0 rg BT 385.14 195.75 Td (our ) Tj ET Q q 0 0 0 rg BT 402.85 195.75 Td (customers ) Tj ET Q q 0 0 0 rg BT 452.23 195.75 Td (or ) Tj ET Q q 0 0 0 rg BT 464.38 195.75 Td (suppliers ) Tj ET Q q 0 0 0 rg BT 507.66 195.75 Td (are ) Tj ET Q q 0 0 0 rg BT 525.38 195.75 Td (found ) Tj ET Q q 0 0 0 rg BT 553.66 195.75 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 183.75 Td (infringe ) Tj ET Q q 0 0 0 rg BT 85.42 183.75 Td (the ) Tj ET Q q 0 0 0 rg BT 101.95 183.75 Td (intellectual ) Tj ET Q q 0 0 0 rg BT 151.83 183.75 Td (property ) Tj ET Q q 0 0 0 rg BT 191.14 183.75 Td (subject ) Tj ET Q q 0 0 0 rg BT 225.45 183.75 Td (to ) Tj ET Q q 0 0 0 rg BT 236.42 183.75 Td (the ) Tj ET Q q 0 0 0 rg BT 252.95 183.75 Td (claims. ) Tj ET Q q 0 0 0 rg BT 286.16 183.75 Td (Adverse ) Tj ET Q q 0 0 0 rg BT 325.48 183.75 Td (results ) Tj ET Q q 0 0 0 rg BT 357.55 183.75 Td (in ) Tj ET Q q 0 0 0 rg BT 367.96 183.75 Td (any ) Tj ET Q q 0 0 0 rg BT 386.71 183.75 Td (of ) Tj ET Q q 0 0 0 rg BT 397.68 183.75 Td (these ) Tj ET Q q 0 0 0 rg BT 424.77 183.75 Td (lawsuits ) Tj ET Q q 0 0 0 rg BT 462.96 183.75 Td (may ) Tj ET Q q 0 0 0 rg BT 484.48 183.75 Td (include ) Tj ET Q q 0 0 0 rg BT 518.80 183.75 Td (awards ) Tj ET Q q 0 0 0 rg BT 553.66 183.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 171.75 Td (monetary ) Tj ET Q q 0 0 0 rg BT 95.02 171.75 Td (damages, ) Tj ET Q q 0 0 0 rg BT 142.28 171.75 Td (costly ) Tj ET Q q 0 0 0 rg BT 171.18 171.75 Td (royalty ) Tj ET Q q 0 0 0 rg BT 203.97 171.75 Td (or ) Tj ET Q q 0 0 0 rg BT 216.21 171.75 Td (licensing ) Tj ET Q q 0 0 0 rg BT 258.46 171.75 Td (agreements ) Tj ET Q q 0 0 0 rg BT 314.60 171.75 Td (\(if ) Tj ET Q q 0 0 0 rg BT 326.27 171.75 Td (licenses ) Tj ET Q q 0 0 0 rg BT 365.74 171.75 Td (are ) Tj ET Q q 0 0 0 rg BT 383.54 171.75 Td (available ) Tj ET Q q 0 0 0 rg BT 426.35 171.75 Td (at ) Tj ET Q q 0 0 0 rg BT 438.03 171.75 Td (all\), ) Tj ET Q q 0 0 0 rg BT 457.48 171.75 Td (or ) Tj ET Q q 0 0 0 rg BT 469.71 171.75 Td (orders ) Tj ET Q q 0 0 0 rg BT 501.40 171.75 Td (preventing ) Tj ET Q q 0 0 0 rg BT 551.44 171.75 Td (us ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 159.75 Td (from ) Tj ET Q q 0 0 0 rg BT 72.67 159.75 Td (of) Tj ET Q q 0 0 0 rg BT 80.83 159.75 Td (fering ) Tj ET Q q 0 0 0 rg BT 108.52 159.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 141.21 159.75 Td (features, ) Tj ET Q q 0 0 0 rg BT 182.79 159.75 Td (functionalities, ) Tj ET Q q 0 0 0 rg BT 248.84 159.75 Td (products, ) Tj ET Q q 0 0 0 rg BT 292.64 159.75 Td (or ) Tj ET Q q 0 0 0 rg BT 304.21 159.75 Td (services. ) Tj ET Q q 0 0 0 rg BT 346.34 159.75 Td ( ) Tj ET Q q 0 0 0 rg BT 348.84 159.75 Td (They ) Tj ET Q q 0 0 0 rg BT 373.74 159.75 Td (may ) Tj ET Q q 0 0 0 rg BT 395.31 159.75 Td (also ) Tj ET Q q 0 0 0 rg BT 416.33 159.75 Td (cause ) Tj ET Q q 0 0 0 rg BT 445.68 159.75 Td (us ) Tj ET Q q 0 0 0 rg BT 458.92 159.75 Td (to ) Tj ET Q q 0 0 0 rg BT 469.93 159.75 Td (change ) Tj ET Q q 0 0 0 rg BT 505.42 159.75 Td (our ) Tj ET Q q 0 0 0 rg BT 522.54 159.75 Td (business ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 147.75 Td (practices ) Tj ET Q q 0 0 0 rg BT 92.98 147.75 Td (and ) Tj ET Q q 0 0 0 rg BT 112.64 147.75 Td (require ) Tj ET Q q 0 0 0 rg BT 146.73 147.75 Td (development ) Tj ET Q q 0 0 0 rg BT 206.96 147.75 Td (of ) Tj ET Q q 0 0 0 rg BT 218.27 147.75 Td (non-infringing ) Tj ET Q q 0 0 0 rg BT 281.83 147.75 Td (products, ) Tj ET Q q 0 0 0 rg BT 325.93 147.75 Td (services, ) Tj ET Q q 0 0 0 rg BT 368.36 147.75 Td (or ) Tj ET Q q 0 0 0 rg BT 380.22 147.75 Td (technologies, ) Tj ET Q q 0 0 0 rg BT 442.11 147.75 Td (which ) Tj ET Q q 0 0 0 rg BT 470.65 147.75 Td (could ) Tj ET Q q 0 0 0 rg BT 497.52 147.75 Td (result ) Tj ET Q q 0 0 0 rg BT 524.94 147.75 Td (in ) Tj ET Q q 0 0 0 rg BT 535.70 147.75 Td (a ) Tj ET Q q 0 0 0 rg BT 544.23 147.75 Td (loss ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 135.75 Td (of ) Tj ET Q q 0 0 0 rg BT 61.12 135.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 105.03 135.75 Td (for ) Tj ET Q q 0 0 0 rg BT 119.48 135.75 Td (us ) Tj ET Q q 0 0 0 rg BT 132.82 135.75 Td (and ) Tj ET Q q 0 0 0 rg BT 152.29 135.75 Td (otherwise ) Tj ET Q q 0 0 0 rg BT 197.86 135.75 Td (harm ) Tj ET Q q 0 0 0 rg BT 223.42 135.75 Td (our ) Tj ET Q q 0 0 0 rg BT 240.65 135.75 Td (business.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 117.75 Td (Many ) Tj ET Q q 0 0 0 rg BT 99.28 117.75 Td (of ) Tj ET Q q 0 0 0 rg BT 109.46 117.75 Td (our ) Tj ET Q q 0 0 0 rg BT 125.74 117.75 Td (agreements ) Tj ET Q q 0 0 0 rg BT 180.38 117.75 Td (with ) Tj ET Q q 0 0 0 rg BT 199.99 117.75 Td (our ) Tj ET Q q 0 0 0 rg BT 216.28 117.75 Td (customers ) Tj ET Q q 0 0 0 rg BT 264.23 117.75 Td (and ) Tj ET Q q 0 0 0 rg BT 282.75 117.75 Td (partners, ) Tj ET Q q 0 0 0 rg BT 324.04 117.75 Td (including ) Tj ET Q q 0 0 0 rg BT 365.35 117.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 397.19 117.75 Td (suppliers, ) Tj ET Q q 0 0 0 rg BT 441.82 117.75 Td (require ) Tj ET Q q 0 0 0 rg BT 474.78 117.75 Td (us ) Tj ET Q q 0 0 0 rg BT 487.18 117.75 Td (to ) Tj ET Q q 0 0 0 rg BT 497.35 117.75 Td (defend ) Tj ET Q q 0 0 0 rg BT 529.77 117.75 Td (against ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 105.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 83.51 105.75 Td (intellectual ) Tj ET Q q 0 0 0 rg BT 134.27 105.75 Td (property ) Tj ET Q q 0 0 0 rg BT 174.45 105.75 Td (infringement ) Tj ET Q q 0 0 0 rg BT 232.98 105.75 Td (claims ) Tj ET Q q 0 0 0 rg BT 264.81 105.75 Td (and ) Tj ET Q q 0 0 0 rg BT 285.00 105.75 Td (in ) Tj ET Q q 0 0 0 rg BT 296.28 105.75 Td (some ) Tj ET Q q 0 0 0 rg BT 324.24 105.75 Td (cases ) Tj ET Q q 0 0 0 rg BT 353.86 105.75 Td (indemnify ) Tj ET Q q 0 0 0 rg BT 400.16 105.75 Td (them ) Tj ET Q q 0 0 0 rg BT 425.89 105.75 Td (for ) Tj ET Q q 0 0 0 rg BT 441.06 105.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 474.57 105.75 Td (intellectual ) Tj ET Q q 0 0 0 rg BT 525.32 105.75 Td (property ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 93.75 Td (infringement ) Tj ET Q q 0 0 0 rg BT 106.49 93.75 Td (claims ) Tj ET Q q 0 0 0 rg BT 136.29 93.75 Td (against ) Tj ET Q q 0 0 0 rg BT 170.00 93.75 Td (them, ) Tj ET Q q 0 0 0 rg BT 196.48 93.75 Td (which ) Tj ET Q q 0 0 0 rg BT 223.51 93.75 Td (could ) Tj ET Q q 0 0 0 rg BT 248.88 93.75 Td (result ) Tj ET Q q 0 0 0 rg BT 274.79 93.75 Td (in ) Tj ET Q q 0 0 0 rg BT 284.04 93.75 Td (increased ) Tj ET Q q 0 0 0 rg BT 328.86 93.75 Td (costs ) Tj ET Q q 0 0 0 rg BT 353.67 93.75 Td (for ) Tj ET Q q 0 0 0 rg BT 366.80 93.75 Td (defending ) Tj ET Q q 0 0 0 rg BT 412.20 93.75 Td (such ) Tj ET Q q 0 0 0 rg BT 434.78 93.75 Td (claims ) Tj ET Q q 0 0 0 rg BT 464.58 93.75 Td (or ) Tj ET Q q 0 0 0 rg BT 474.94 93.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 520.87 93.75 Td (damages ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 81.75 Td (if ) Tj ET Q q 0 0 0 rg BT 57.62 81.75 Td (there ) Tj ET Q q 0 0 0 rg BT 83.02 81.75 Td (were ) Tj ET Q q 0 0 0 rg BT 107.31 81.75 Td (an ) Tj ET Q q 0 0 0 rg BT 121.05 81.75 Td (adverse ) Tj ET Q q 0 0 0 rg BT 159.25 81.75 Td (ruling ) Tj ET Q q 0 0 0 rg BT 186.32 81.75 Td (in ) Tj ET Q q 0 0 0 rg BT 196.72 81.75 Td (any ) Tj ET Q q 0 0 0 rg BT 215.46 81.75 Td (such ) Tj ET Q q 0 0 0 rg BT 239.20 81.75 Td (claims. ) Tj ET Q q 0 0 0 rg BT 272.92 81.75 Td (Such ) Tj ET Q q 0 0 0 rg BT 298.33 81.75 Td (customers ) Tj ET Q q 0 0 0 rg BT 347.07 81.75 Td (and ) Tj ET Q q 0 0 0 rg BT 366.37 81.75 Td (partners ) Tj ET Q q 0 0 0 rg BT 405.67 81.75 Td (may ) Tj ET Q q 0 0 0 rg BT 427.18 81.75 Td (also ) Tj ET Q q 0 0 0 rg BT 448.14 81.75 Td (discontinue ) Tj ET Q q 0 0 0 rg BT 501.35 81.75 Td (the ) Tj ET Q q 0 0 0 rg BT 517.86 81.75 Td (use ) Tj ET Q q 0 0 0 rg BT 536.60 81.75 Td (of ) Tj ET Q q 0 0 0 rg BT 547.56 81.75 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 69.75 Td (products, ) Tj ET Q q 0 0 0 rg BT 94.44 69.75 Td (services, ) Tj ET Q q 0 0 0 rg BT 137.20 69.75 Td (and ) Tj ET Q q 0 0 0 rg BT 157.19 69.75 Td (technologies, ) Tj ET Q q 0 0 0 rg BT 219.43 69.75 Td (as ) Tj ET Q q 0 0 0 rg BT 233.29 69.75 Td (a ) Tj ET Q q 0 0 0 rg BT 242.16 69.75 Td (result ) Tj ET Q q 0 0 0 rg BT 269.92 69.75 Td (of ) Tj ET Q q 0 0 0 rg BT 281.57 69.75 Td (injunctions ) Tj ET Q q 0 0 0 rg BT 332.12 69.75 Td (or ) Tj ET Q q 0 0 0 rg BT 344.32 69.75 Td (otherwise, ) Tj ET Q q 0 0 0 rg BT 393.20 69.75 Td (which ) Tj ET Q q 0 0 0 rg BT 422.08 69.75 Td (could ) Tj ET Q q 0 0 0 rg BT 449.29 69.75 Td (result ) Tj ET Q q 0 0 0 rg BT 477.05 69.75 Td (in ) Tj ET Q q 0 0 0 rg BT 488.14 69.75 Td (loss ) Tj ET Q q 0 0 0 rg BT 509.23 69.75 Td (of ) Tj ET Q q 0 0 0 rg BT 520.87 69.75 Td (revenues ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 57.75 Td (and ) Tj ET Q q 0 0 0 rg BT 69.59 57.75 Td (adversely ) Tj ET Q q 0 0 0 rg BT 115.29 57.75 Td (af) Tj ET Q q 0 0 0 rg BT 123.45 57.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 142.48 57.75 Td (our ) Tj ET Q q 0 0 0 rg BT 159.84 57.75 Td (business. ) Tj ET Q q 0 0 0 rg BT 204.99 57.75 Td (Moreover) Tj ET Q q 0 0 0 rg BT 246.67 57.75 Td (, ) Tj ET Q q 0 0 0 rg BT 252.36 57.75 Td (intellectual ) Tj ET Q q 0 0 0 rg BT 302.51 57.75 Td (property ) Tj ET Q q 0 0 0 rg BT 342.10 57.75 Td (indemnities ) Tj ET Q q 0 0 0 rg BT 395.59 57.75 Td (provided ) Tj ET Q q 0 0 0 rg BT 436.86 57.75 Td (to ) Tj ET Q q 0 0 0 rg BT 448.10 57.75 Td (us ) Tj ET Q q 0 0 0 rg BT 461.57 57.75 Td (by ) Tj ET Q q 0 0 0 rg BT 475.04 57.75 Td (our ) Tj ET Q q 0 0 0 rg BT 492.39 57.75 Td (suppliers, ) Tj ET Q q 0 0 0 rg BT 538.10 57.75 Td (when ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 45.75 Td (obtainable, ) Tj ET Q q 0 0 0 rg BT 101.40 45.75 Td (may ) Tj ET Q q 0 0 0 rg BT 122.75 45.75 Td (not ) Tj ET Q q 0 0 0 rg BT 139.12 45.75 Td (cover ) Tj ET Q q 0 0 0 rg BT 166.04 45.75 Td (all ) Tj ET Q q 0 0 0 rg BT 178.51 45.75 Td (damages ) Tj ET Q q 0 0 0 rg BT 222.12 45.75 Td (and ) Tj ET Q q 0 0 0 rg BT 241.27 45.75 Td (losses ) Tj ET Q q 0 0 0 rg BT 272.08 45.75 Td (suf) Tj ET Q q 0 0 0 rg BT 285.24 45.75 Td (fered ) Tj ET Q q 0 0 0 rg BT 310.50 45.75 Td (by ) Tj ET Q q 0 0 0 rg BT 323.53 45.75 Td (us ) Tj ET Q q 0 0 0 rg BT 336.55 45.75 Td (and ) Tj ET Q q 0 0 0 rg BT 355.70 45.75 Td (our ) Tj ET Q q 0 0 0 rg BT 372.62 45.75 Td (customers ) Tj ET Q q 0 0 0 rg BT 421.21 45.75 Td (arising ) Tj ET Q q 0 0 0 rg BT 453.14 45.75 Td (from ) Tj ET Q q 0 0 0 rg BT 475.60 45.75 Td (intellectual ) Tj ET Q q 0 0 0 rg BT 525.32 45.75 Td (property ) Tj ET Q endstream endobj 39 0 obj <>] /Rotate 0 /Contents 40 0 R>> endobj 40 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 53 767.11455078125 m 123.04443359375 767.11455078125 l s q 0 0 1 rg BT 53.00 768.40 Td (T) Tj ET Q q 0 0 1 rg BT 57.50 768.40 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.396078431372549 0.396078431372549 0.396078431372549 rg BT 500.45 768.40 Td (Alphabet Inc.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.40 31.25 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 741.75 Td (infringement ) Tj ET Q q 0 0 0 rg BT 107.95 741.75 Td (claims. ) Tj ET Q q 0 0 0 rg BT 141.99 741.75 Td (Furthermore, ) Tj ET Q q 0 0 0 rg BT 202.70 741.75 Td (in ) Tj ET Q q 0 0 0 rg BT 213.41 741.75 Td (connection ) Tj ET Q q 0 0 0 rg BT 264.70 741.75 Td (with ) Tj ET Q q 0 0 0 rg BT 285.41 741.75 Td (our ) Tj ET Q q 0 0 0 rg BT 302.78 741.75 Td (divestitures, ) Tj ET Q q 0 0 0 rg BT 359.06 741.75 Td (we ) Tj ET Q q 0 0 0 rg BT 374.76 741.75 Td (have ) Tj ET Q q 0 0 0 rg BT 399.37 741.75 Td (agreed, ) Tj ET Q q 0 0 0 rg BT 436.21 741.75 Td (and ) Tj ET Q q 0 0 0 rg BT 455.82 741.75 Td (may ) Tj ET Q q 0 0 0 rg BT 477.63 741.75 Td (in ) Tj ET Q q 0 0 0 rg BT 488.33 741.75 Td (the ) Tj ET Q q 0 0 0 rg BT 505.16 741.75 Td (future ) Tj ET Q q 0 0 0 rg BT 533.65 741.75 Td (agree, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 729.75 Td (to ) Tj ET Q q 0 0 0 rg BT 61.12 729.75 Td (provide ) Tj ET Q q 0 0 0 rg BT 96.69 729.75 Td (indemnification ) Tj ET Q q 0 0 0 rg BT 166.18 729.75 Td (for ) Tj ET Q q 0 0 0 rg BT 180.63 729.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 213.42 729.75 Td (potential ) Tj ET Q q 0 0 0 rg BT 254.00 729.75 Td (liabilities, ) Tj ET Q q 0 0 0 rg BT 297.35 729.75 Td (including ) Tj ET Q q 0 0 0 rg BT 339.60 729.75 Td (those ) Tj ET Q q 0 0 0 rg BT 366.85 729.75 Td (associated ) Tj ET Q q 0 0 0 rg BT 417.43 729.75 Td (with ) Tj ET Q q 0 0 0 rg BT 437.99 729.75 Td (intellectual ) Tj ET Q q 0 0 0 rg BT 488.02 729.75 Td (property ) Tj ET Q q 0 0 0 rg BT 527.49 729.75 Td (claims.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 711.75 Td (Regardless ) Tj ET Q q 0 0 0 rg BT 125.45 711.75 Td (of ) Tj ET Q q 0 0 0 rg BT 135.66 711.75 Td (their ) Tj ET Q q 0 0 0 rg BT 156.98 711.75 Td (merits, ) Tj ET Q q 0 0 0 rg BT 188.85 711.75 Td (intellectual ) Tj ET Q q 0 0 0 rg BT 237.97 711.75 Td (property ) Tj ET Q q 0 0 0 rg BT 276.52 711.75 Td (claims ) Tj ET Q q 0 0 0 rg BT 306.72 711.75 Td (are ) Tj ET Q q 0 0 0 rg BT 323.04 711.75 Td (often ) Tj ET Q q 0 0 0 rg BT 347.15 711.75 Td (time ) Tj ET Q q 0 0 0 rg BT 367.91 711.75 Td (consuming ) Tj ET Q q 0 0 0 rg BT 418.14 711.75 Td (and ) Tj ET Q q 0 0 0 rg BT 436.69 711.75 Td (expensive ) Tj ET Q q 0 0 0 rg BT 483.59 711.75 Td (to ) Tj ET Q q 0 0 0 rg BT 493.80 711.75 Td (litigate ) Tj ET Q q 0 0 0 rg BT 524.57 711.75 Td (or ) Tj ET Q q 0 0 0 rg BT 535.33 711.75 Td (settle. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 699.75 Td (T) Tj ET Q q 0 0 0 rg BT 55.00 699.75 Td (o ) Tj ET Q q 0 0 0 rg BT 63.68 699.75 Td (the ) Tj ET Q q 0 0 0 rg BT 80.71 699.75 Td (extent ) Tj ET Q q 0 0 0 rg BT 111.07 699.75 Td (such ) Tj ET Q q 0 0 0 rg BT 135.31 699.75 Td (claims ) Tj ET Q q 0 0 0 rg BT 166.77 699.75 Td (are ) Tj ET Q q 0 0 0 rg BT 184.34 699.75 Td (successful, ) Tj ET Q q 0 0 0 rg BT 236.93 699.75 Td (they ) Tj ET Q q 0 0 0 rg BT 258.95 699.75 Td (may ) Tj ET Q q 0 0 0 rg BT 280.97 699.75 Td (harm ) Tj ET Q q 0 0 0 rg BT 306.87 699.75 Td (our ) Tj ET Q q 0 0 0 rg BT 324.44 699.75 Td (business, ) Tj ET Q q 0 0 0 rg BT 369.81 699.75 Td (including ) Tj ET Q q 0 0 0 rg BT 412.41 699.75 Td (our ) Tj ET Q q 0 0 0 rg BT 429.98 699.75 Td (product ) Tj ET Q q 0 0 0 rg BT 466.46 699.75 Td (and ) Tj ET Q q 0 0 0 rg BT 486.26 699.75 Td (service ) Tj ET Q q 0 0 0 rg BT 521.06 699.75 Td (of) Tj ET Q q 0 0 0 rg BT 529.22 699.75 Td (ferings, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 687.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 89.47 687.75 Td (condition, ) Tj ET Q q 0 0 0 rg BT 135.05 687.75 Td (or ) Tj ET Q q 0 0 0 rg BT 146.72 687.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 191.20 687.75 Td (results.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 73.00 669.75 Td (Risks ) Tj ET Q q 0 0 0 rg BT 102.46 669.75 Td (Related ) Tj ET Q q 0 0 0 rg BT 141.36 669.75 Td (to ) Tj ET Q q 0 0 0 rg BT 153.58 669.75 Td (Ownership ) Tj ET Q q 0 0 0 rg BT 208.03 669.75 Td (of ) Tj ET Q q 0 0 0 rg BT 220.25 669.75 Td (our ) Tj ET Q q 0 0 0 rg BT 239.14 669.75 Td (Stock ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 73.00 651.75 Td (W) Tj ET Q q 0 0 0 rg BT 82.26 651.75 Td (e ) Tj ET Q q 0 0 0 rg BT 91.05 651.75 Td (cannot ) Tj ET Q q 0 0 0 rg BT 127.07 651.75 Td (guarantee ) Tj ET Q q 0 0 0 rg BT 178.09 651.75 Td (that ) Tj ET Q q 0 0 0 rg BT 199.66 651.75 Td (any ) Tj ET Q q 0 0 0 rg BT 220.12 651.75 Td (share ) Tj ET Q q 0 0 0 rg BT 250.04 651.75 Td (repurchase ) Tj ET Q q 0 0 0 rg BT 307.19 651.75 Td (program ) Tj ET Q q 0 0 0 rg BT 350.99 651.75 Td (will ) Tj ET Q q 0 0 0 rg BT 370.34 651.75 Td (be ) Tj ET Q q 0 0 0 rg BT 385.24 651.75 Td (fully ) Tj ET Q q 0 0 0 rg BT 409.03 651.75 Td (consummated ) Tj ET Q q 0 0 0 rg BT 480.06 651.75 Td (or ) Tj ET Q q 0 0 0 rg BT 493.29 651.75 Td (that ) Tj ET Q q 0 0 0 rg BT 514.86 651.75 Td (any ) Tj ET Q q 0 0 0 rg BT 535.32 651.75 Td (share ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 639.75 Td (repurchase ) Tj ET Q q 0 0 0 rg BT 107.54 639.75 Td (program ) Tj ET Q q 0 0 0 rg BT 151.73 639.75 Td (will ) Tj ET Q q 0 0 0 rg BT 171.47 639.75 Td (enhance ) Tj ET Q q 0 0 0 rg BT 215.67 639.75 Td (long-term ) Tj ET Q q 0 0 0 rg BT 265.40 639.75 Td (stockholder ) Tj ET Q q 0 0 0 rg BT 325.71 639.75 Td (value, ) Tj ET Q q 0 0 0 rg BT 357.68 639.75 Td (and ) Tj ET Q q 0 0 0 rg BT 379.09 639.75 Td (share ) Tj ET Q q 0 0 0 rg BT 409.40 639.75 Td (repurchases ) Tj ET Q q 0 0 0 rg BT 472.50 639.75 Td (could ) Tj ET Q q 0 0 0 rg BT 502.79 639.75 Td (increase ) Tj ET Q q 0 0 0 rg BT 547.00 639.75 Td (the ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 627.75 Td (volatility ) Tj ET Q q 0 0 0 rg BT 93.34 627.75 Td (of ) Tj ET Q q 0 0 0 rg BT 105.56 627.75 Td (the ) Tj ET Q q 0 0 0 rg BT 123.34 627.75 Td (price ) Tj ET Q q 0 0 0 rg BT 150.02 627.75 Td (of ) Tj ET Q q 0 0 0 rg BT 162.24 627.75 Td (our ) Tj ET Q q 0 0 0 rg BT 181.12 627.75 Td (stock ) Tj ET Q q 0 0 0 rg BT 210.02 627.75 Td (and ) Tj ET Q q 0 0 0 rg BT 230.58 627.75 Td (could ) Tj ET Q q 0 0 0 rg BT 260.02 627.75 Td (diminish ) Tj ET Q q 0 0 0 rg BT 303.92 627.75 Td (our ) Tj ET Q q 0 0 0 rg BT 322.80 627.75 Td (cash ) Tj ET Q q 0 0 0 rg BT 348.37 627.75 Td (reserves. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 609.75 Td (In ) Tj ET Q q 0 0 0 rg BT 84.70 609.75 Td (January ) Tj ET Q q 0 0 0 rg BT 123.64 609.75 Td (2018, ) Tj ET Q q 0 0 0 rg BT 152.03 609.75 Td (January ) Tj ET Q q 0 0 0 rg BT 190.96 609.75 Td (2019, ) Tj ET Q q 0 0 0 rg BT 219.35 609.75 Td (and ) Tj ET Q q 0 0 0 rg BT 239.40 609.75 Td (July ) Tj ET Q q 0 0 0 rg BT 260.54 609.75 Td (2019, ) Tj ET Q q 0 0 0 rg BT 288.93 609.75 Td (the ) Tj ET Q q 0 0 0 rg BT 306.19 609.75 Td (board ) Tj ET Q q 0 0 0 rg BT 335.13 609.75 Td (of ) Tj ET Q q 0 0 0 rg BT 346.83 609.75 Td (directors ) Tj ET Q q 0 0 0 rg BT 388.54 609.75 Td (of ) Tj ET Q q 0 0 0 rg BT 399.57 609.75 Td (Alphabet ) Tj ET Q q 0 0 0 rg BT 442.41 609.75 Td (authorized ) Tj ET Q q 0 0 0 rg BT 492.47 609.75 Td (the ) Tj ET Q q 0 0 0 rg BT 509.73 609.75 Td (company ) Tj ET Q q 0 0 0 rg BT 553.67 609.75 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 597.75 Td (repurchase ) Tj ET Q q 0 0 0 rg BT 101.80 597.75 Td (up ) Tj ET Q q 0 0 0 rg BT 114.70 597.75 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.81 597.75 Td ($8.6 ) Tj ET Q q 0 0 0 rg BT 146.05 597.75 Td (billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.62 597.75 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 176.17 597.75 Td ($12.5 ) Tj ET Q q 0 0 0 rg BT 202.97 597.75 Td (billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.54 597.75 Td (, ) Tj ET Q q 0 0 0 rg BT 233.09 597.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.55 597.75 Td ($25.0 ) Tj ET Q q 0 0 0 rg BT 278.34 597.75 Td (billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.92 597.75 Td ( ) Tj ET Q q 0 0 0 rg BT 305.69 597.75 Td (of ) Tj ET Q q 0 0 0 rg BT 315.80 597.75 Td (its ) Tj ET Q q 0 0 0 rg BT 327.57 597.75 Td (Class ) Tj ET Q q 0 0 0 rg BT 354.35 597.75 Td (C ) Tj ET Q q 0 0 0 rg BT 363.35 597.75 Td (capital ) Tj ET Q q 0 0 0 rg BT 394.03 597.75 Td (stock, ) Tj ET Q q 0 0 0 rg BT 421.92 597.75 Td (respectively) Tj ET Q q 0 0 0 rg BT 473.97 597.75 Td (. ) Tj ET Q q 0 0 0 rg BT 478.52 597.75 Td (Share ) Tj ET Q q 0 0 0 rg BT 506.98 597.75 Td (repurchases ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 585.75 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 91.93 585.75 Td (to ) Tj ET Q q 0 0 0 rg BT 103.28 585.75 Td (the ) Tj ET Q q 0 0 0 rg BT 120.19 585.75 Td (January ) Tj ET Q q 0 0 0 rg BT 158.77 585.75 Td (2018 ) Tj ET Q q 0 0 0 rg BT 184.03 585.75 Td (and ) Tj ET Q q 0 0 0 rg BT 203.73 585.75 Td (January ) Tj ET Q q 0 0 0 rg BT 242.31 585.75 Td (2019 ) Tj ET Q q 0 0 0 rg BT 267.57 585.75 Td (authorizations ) Tj ET Q q 0 0 0 rg BT 332.84 585.75 Td (were ) Tj ET Q q 0 0 0 rg BT 357.52 585.75 Td (completed ) Tj ET Q q 0 0 0 rg BT 406.67 585.75 Td (in ) Tj ET Q q 0 0 0 rg BT 417.47 585.75 Td (2019. ) Tj ET Q q 0 0 0 rg BT 444.90 585.75 Td (As ) Tj ET Q q 0 0 0 rg BT 459.58 585.75 Td (of ) Tj ET Q q 0 0 0 rg BT 470.93 585.75 Td (December ) Tj ET Q q 0 0 0 rg BT 520.07 585.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 536.98 585.75 Td (2019, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 573.75 Td ($20.8 ) Tj ET Q q 0 0 0 rg BT 78.05 573.75 Td (billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.62 573.75 Td ( ) Tj ET Q q 0 0 0 rg BT 106.64 573.75 Td (remains ) Tj ET Q q 0 0 0 rg BT 145.23 573.75 Td (available ) Tj ET Q q 0 0 0 rg BT 187.73 573.75 Td (for ) Tj ET Q q 0 0 0 rg BT 202.42 573.75 Td (repurchase. ) Tj ET Q q 0 0 0 rg BT 258.26 573.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 277.95 573.75 Td (repurchase ) Tj ET Q q 0 0 0 rg BT 331.00 573.75 Td (program ) Tj ET Q q 0 0 0 rg BT 371.26 573.75 Td (does ) Tj ET Q q 0 0 0 rg BT 395.97 573.75 Td (not ) Tj ET Q q 0 0 0 rg BT 412.90 573.75 Td (have ) Tj ET Q q 0 0 0 rg BT 437.61 573.75 Td (an ) Tj ET Q q 0 0 0 rg BT 451.75 573.75 Td (expiration ) Tj ET Q q 0 0 0 rg BT 498.14 573.75 Td (date ) Tj ET Q q 0 0 0 rg BT 520.62 573.75 Td (and ) Tj ET Q q 0 0 0 rg BT 540.33 573.75 Td (does ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 561.75 Td (not ) Tj ET Q q 0 0 0 rg BT 66.25 561.75 Td (obligate ) Tj ET Q q 0 0 0 rg BT 103.15 561.75 Td (Alphabet ) Tj ET Q q 0 0 0 rg BT 144.98 561.75 Td (to ) Tj ET Q q 0 0 0 rg BT 155.66 561.75 Td (repurchase ) Tj ET Q q 0 0 0 rg BT 208.03 561.75 Td (any ) Tj ET Q q 0 0 0 rg BT 226.50 561.75 Td (specific ) Tj ET Q q 0 0 0 rg BT 262.19 561.75 Td (dollar ) Tj ET Q q 0 0 0 rg BT 288.99 561.75 Td (amount ) Tj ET Q q 0 0 0 rg BT 324.69 561.75 Td (or ) Tj ET Q q 0 0 0 rg BT 335.93 561.75 Td (to ) Tj ET Q q 0 0 0 rg BT 346.61 561.75 Td (acquire ) Tj ET Q q 0 0 0 rg BT 381.75 561.75 Td (any ) Tj ET Q q 0 0 0 rg BT 400.22 561.75 Td (specific ) Tj ET Q q 0 0 0 rg BT 435.91 561.75 Td (number ) Tj ET Q q 0 0 0 rg BT 472.16 561.75 Td (of ) Tj ET Q q 0 0 0 rg BT 482.84 561.75 Td (shares. ) Tj ET Q q 0 0 0 rg BT 517.98 561.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 536.99 561.75 Td (share ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 549.75 Td (repurchase ) Tj ET Q q 0 0 0 rg BT 102.51 549.75 Td (program ) Tj ET Q q 0 0 0 rg BT 142.23 549.75 Td (could ) Tj ET Q q 0 0 0 rg BT 168.62 549.75 Td (af) Tj ET Q q 0 0 0 rg BT 176.78 549.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 195.38 549.75 Td (the ) Tj ET Q q 0 0 0 rg BT 211.76 549.75 Td (price ) Tj ET Q q 0 0 0 rg BT 235.92 549.75 Td (of ) Tj ET Q q 0 0 0 rg BT 246.74 549.75 Td (our ) Tj ET Q q 0 0 0 rg BT 263.68 549.75 Td (stock ) Tj ET Q q 0 0 0 rg BT 289.50 549.75 Td (and ) Tj ET Q q 0 0 0 rg BT 308.67 549.75 Td (increase ) Tj ET Q q 0 0 0 rg BT 348.95 549.75 Td (volatility ) Tj ET Q q 0 0 0 rg BT 387.00 549.75 Td (and ) Tj ET Q q 0 0 0 rg BT 406.16 549.75 Td (may ) Tj ET Q q 0 0 0 rg BT 427.54 549.75 Td (be ) Tj ET Q q 0 0 0 rg BT 441.14 549.75 Td (suspended ) Tj ET Q q 0 0 0 rg BT 492.56 549.75 Td (or ) Tj ET Q q 0 0 0 rg BT 503.93 549.75 Td (terminated ) Tj ET Q q 0 0 0 rg BT 553.66 549.75 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 537.75 Td (any ) Tj ET Q q 0 0 0 rg BT 68.90 537.75 Td (time, ) Tj ET Q q 0 0 0 rg BT 93.35 537.75 Td (which ) Tj ET Q q 0 0 0 rg BT 121.69 537.75 Td (may ) Tj ET Q q 0 0 0 rg BT 143.36 537.75 Td (result ) Tj ET Q q 0 0 0 rg BT 170.60 537.75 Td (in ) Tj ET Q q 0 0 0 rg BT 181.16 537.75 Td (a ) Tj ET Q q 0 0 0 rg BT 189.50 537.75 Td (decrease ) Tj ET Q q 0 0 0 rg BT 233.41 537.75 Td (in ) Tj ET Q q 0 0 0 rg BT 243.97 537.75 Td (the ) Tj ET Q q 0 0 0 rg BT 260.65 537.75 Td (trading ) Tj ET Q q 0 0 0 rg BT 294.01 537.75 Td (price ) Tj ET Q q 0 0 0 rg BT 318.46 537.75 Td (of ) Tj ET Q q 0 0 0 rg BT 329.58 537.75 Td (our ) Tj ET Q q 0 0 0 rg BT 346.81 537.75 Td (stock.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 73.00 519.75 Td (The ) Tj ET Q q 0 0 0 rg BT 93.03 519.75 Td (concentration ) Tj ET Q q 0 0 0 rg BT 161.40 519.75 Td (of ) Tj ET Q q 0 0 0 rg BT 173.10 519.75 Td (our ) Tj ET Q q 0 0 0 rg BT 191.46 519.75 Td (stock ) Tj ET Q q 0 0 0 rg BT 219.83 519.75 Td (ownership ) Tj ET Q q 0 0 0 rg BT 272.09 519.75 Td (limits ) Tj ET Q q 0 0 0 rg BT 300.46 519.75 Td (our ) Tj ET Q q 0 0 0 rg BT 318.83 519.75 Td (stockholders? Tj ET Q q 0 0 0 rg BT 383.47 519.75 Td ( ) Tj ET Q q 0 0 0 rg BT 385.73 519.75 Td (ability ) Tj ET Q q 0 0 0 rg BT 416.88 519.75 Td (to ) Tj ET Q q 0 0 0 rg BT 428.57 519.75 Td (influence ) Tj ET Q q 0 0 0 rg BT 474.72 519.75 Td (corporate ) Tj ET Q q 0 0 0 rg BT 523.10 519.75 Td (matters.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 501.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 92.23 501.75 Td (Class ) Tj ET Q q 0 0 0 rg BT 119.79 501.75 Td (B ) Tj ET Q q 0 0 0 rg BT 129.02 501.75 Td (common ) Tj ET Q q 0 0 0 rg BT 169.92 501.75 Td (stock ) Tj ET Q q 0 0 0 rg BT 195.82 501.75 Td (has ) Tj ET Q q 0 0 0 rg BT 214.50 501.75 Td (10 ) Tj ET Q q 0 0 0 rg BT 228.19 501.75 Td (votes ) Tj ET Q q 0 0 0 rg BT 254.65 501.75 Td (per ) Tj ET Q q 0 0 0 rg BT 271.66 501.75 Td (share, ) Tj ET Q q 0 0 0 rg BT 302.01 501.75 Td (our ) Tj ET Q q 0 0 0 rg BT 319.02 501.75 Td (Class ) Tj ET Q q 0 0 0 rg BT 346.08 501.75 Td (A) Tj ET Q q 0 0 0 rg BT 352.19 501.75 Td ( ) Tj ET Q q 0 0 0 rg BT 354.75 501.75 Td (common ) Tj ET Q q 0 0 0 rg BT 395.66 501.75 Td (stock ) Tj ET Q q 0 0 0 rg BT 421.55 501.75 Td (has ) Tj ET Q q 0 0 0 rg BT 440.24 501.75 Td (one ) Tj ET Q q 0 0 0 rg BT 459.48 501.75 Td (vote ) Tj ET Q q 0 0 0 rg BT 480.94 501.75 Td (per ) Tj ET Q q 0 0 0 rg BT 497.95 501.75 Td (share, ) Tj ET Q q 0 0 0 rg BT 528.30 501.75 Td (and ) Tj ET Q q 0 0 0 rg BT 547.55 501.75 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 489.75 Td (Class ) Tj ET Q q 0 0 0 rg BT 77.67 489.75 Td (C ) Tj ET Q q 0 0 0 rg BT 87.55 489.75 Td (capital ) Tj ET Q q 0 0 0 rg BT 119.12 489.75 Td (stock ) Tj ET Q q 0 0 0 rg BT 145.13 489.75 Td (has ) Tj ET Q q 0 0 0 rg BT 163.91 489.75 Td (no ) Tj ET Q q 0 0 0 rg BT 177.70 489.75 Td (voting ) Tj ET Q q 0 0 0 rg BT 207.04 489.75 Td (rights. ) Tj ET Q q 0 0 0 rg BT 236.41 489.75 Td (As ) Tj ET Q q 0 0 0 rg BT 250.74 489.75 Td (of ) Tj ET Q q 0 0 0 rg BT 261.75 489.75 Td (December ) Tj ET Q q 0 0 0 rg BT 310.54 489.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 327.10 489.75 Td (2019, ) Tj ET Q q 0 0 0 rg BT 354.79 489.75 Td (Larry ) Tj ET Q q 0 0 0 rg BT 380.24 489.75 Td (Page ) Tj ET Q q 0 0 0 rg BT 406.25 489.75 Td (and ) Tj ET Q q 0 0 0 rg BT 425.60 489.75 Td (Sergey ) Tj ET Q q 0 0 0 rg BT 459.95 489.75 Td (Brin ) Tj ET Q q 0 0 0 rg BT 480.40 489.75 Td (beneficially ) Tj ET Q q 0 0 0 rg BT 532.53 489.75 Td (owned ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 477.75 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.40 477.75 Td (84.3%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.76 477.75 Td ( ) Tj ET Q q 0 0 0 rg BT 144.91 477.75 Td (of ) Tj ET Q q 0 0 0 rg BT 155.40 477.75 Td (our ) Tj ET Q q 0 0 0 rg BT 172.01 477.75 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 225.87 477.75 Td (Class ) Tj ET Q q 0 0 0 rg BT 253.03 477.75 Td (B ) Tj ET Q q 0 0 0 rg BT 261.85 477.75 Td (common ) Tj ET Q q 0 0 0 rg BT 302.35 477.75 Td (stock, ) Tj ET Q q 0 0 0 rg BT 330.62 477.75 Td (which ) Tj ET Q q 0 0 0 rg BT 358.34 477.75 Td (represented ) Tj ET Q q 0 0 0 rg BT 413.86 477.75 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.27 477.75 Td (51.2%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.62 477.75 Td ( ) Tj ET Q q 0 0 0 rg BT 508.77 477.75 Td (of ) Tj ET Q q 0 0 0 rg BT 519.27 477.75 Td (the ) Tj ET Q q 0 0 0 rg BT 535.32 477.75 Td (voting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 465.75 Td (power ) Tj ET Q q 0 0 0 rg BT 79.92 465.75 Td (of ) Tj ET Q q 0 0 0 rg BT 90.94 465.75 Td (our ) Tj ET Q q 0 0 0 rg BT 108.08 465.75 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 162.47 465.75 Td (common ) Tj ET Q q 0 0 0 rg BT 203.50 465.75 Td (stock. ) Tj ET Q q 0 0 0 rg BT 232.13 465.75 Td (Through ) Tj ET Q q 0 0 0 rg BT 272.06 465.75 Td (their ) Tj ET Q q 0 0 0 rg BT 294.19 465.75 Td (stock ) Tj ET Q q 0 0 0 rg BT 320.22 465.75 Td (ownership, ) Tj ET Q q 0 0 0 rg BT 371.26 465.75 Td (Larry ) Tj ET Q q 0 0 0 rg BT 396.73 465.75 Td (and ) Tj ET Q q 0 0 0 rg BT 416.10 465.75 Td (Sergey ) Tj ET Q q 0 0 0 rg BT 450.46 465.75 Td (have ) Tj ET Q q 0 0 0 rg BT 474.83 465.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 521.98 465.75 Td (influence ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 453.75 Td (over ) Tj ET Q q 0 0 0 rg BT 71.12 453.75 Td (all ) Tj ET Q q 0 0 0 rg BT 82.80 453.75 Td (matters ) Tj ET Q q 0 0 0 rg BT 117.81 453.75 Td (requiring ) Tj ET Q q 0 0 0 rg BT 158.39 453.75 Td (stockholder ) Tj ET Q q 0 0 0 rg BT 211.20 453.75 Td (approval, ) Tj ET Q q 0 0 0 rg BT 254.01 453.75 Td (including ) Tj ET Q q 0 0 0 rg BT 295.16 453.75 Td (the ) Tj ET Q q 0 0 0 rg BT 310.73 453.75 Td (election ) Tj ET Q q 0 0 0 rg BT 346.87 453.75 Td (of ) Tj ET Q q 0 0 0 rg BT 356.88 453.75 Td (directors ) Tj ET Q q 0 0 0 rg BT 396.90 453.75 Td (and ) Tj ET Q q 0 0 0 rg BT 415.25 453.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 461.39 453.75 Td (corporate ) Tj ET Q q 0 0 0 rg BT 505.31 453.75 Td (transactions, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 441.75 Td (such ) Tj ET Q q 0 0 0 rg BT 73.27 441.75 Td (as ) Tj ET Q q 0 0 0 rg BT 85.98 441.75 Td (a ) Tj ET Q q 0 0 0 rg BT 93.68 441.75 Td (merger ) Tj ET Q q 0 0 0 rg BT 127.50 441.75 Td (or ) Tj ET Q q 0 0 0 rg BT 138.54 441.75 Td (other ) Tj ET Q q 0 0 0 rg BT 163.48 441.75 Td (sale ) Tj ET Q q 0 0 0 rg BT 183.97 441.75 Td (of ) Tj ET Q q 0 0 0 rg BT 194.46 441.75 Td (our ) Tj ET Q q 0 0 0 rg BT 211.06 441.75 Td (company ) Tj ET Q q 0 0 0 rg BT 253.78 441.75 Td (or ) Tj ET Q q 0 0 0 rg BT 264.82 441.75 Td (our ) Tj ET Q q 0 0 0 rg BT 281.42 441.75 Td (assets, ) Tj ET Q q 0 0 0 rg BT 315.24 441.75 Td (for ) Tj ET Q q 0 0 0 rg BT 329.06 441.75 Td (the ) Tj ET Q q 0 0 0 rg BT 345.10 441.75 Td (foreseeable ) Tj ET Q q 0 0 0 rg BT 399.51 441.75 Td (future. ) Tj ET Q q 0 0 0 rg BT 430.01 441.75 Td (In ) Tj ET Q q 0 0 0 rg BT 440.49 441.75 Td (addition, ) Tj ET Q q 0 0 0 rg BT 480.45 441.75 Td (because ) Tj ET Q q 0 0 0 rg BT 520.40 441.75 Td (our ) Tj ET Q q 0 0 0 rg BT 537.00 441.75 Td (Class ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 429.75 Td (C ) Tj ET Q q 0 0 0 rg BT 60.74 429.75 Td (capital ) Tj ET Q q 0 0 0 rg BT 93.16 429.75 Td (stock ) Tj ET Q q 0 0 0 rg BT 120.01 429.75 Td (carries ) Tj ET Q q 0 0 0 rg BT 153.53 429.75 Td (no ) Tj ET Q q 0 0 0 rg BT 168.17 429.75 Td (voting ) Tj ET Q q 0 0 0 rg BT 198.37 429.75 Td (rights ) Tj ET Q q 0 0 0 rg BT 226.34 429.75 Td (\(except ) Tj ET Q q 0 0 0 rg BT 262.65 429.75 Td (as ) Tj ET Q q 0 0 0 rg BT 276.72 429.75 Td (required ) Tj ET Q q 0 0 0 rg BT 316.93 429.75 Td (by ) Tj ET Q q 0 0 0 rg BT 331.01 429.75 Td (applicable ) Tj ET Q q 0 0 0 rg BT 379.55 429.75 Td (law\), ) Tj ET Q q 0 0 0 rg BT 404.18 429.75 Td (the ) Tj ET Q q 0 0 0 rg BT 421.60 429.75 Td (issuance ) Tj ET Q q 0 0 0 rg BT 464.58 429.75 Td (of ) Tj ET Q q 0 0 0 rg BT 476.44 429.75 Td (the ) Tj ET Q q 0 0 0 rg BT 493.85 429.75 Td (Class ) Tj ET Q q 0 0 0 rg BT 522.37 429.75 Td (C ) Tj ET Q q 0 0 0 rg BT 533.11 429.75 Td (capital ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 417.75 Td (stock, ) Tj ET Q q 0 0 0 rg BT 78.62 417.75 Td (including ) Tj ET Q q 0 0 0 rg BT 120.60 417.75 Td (in ) Tj ET Q q 0 0 0 rg BT 130.89 417.75 Td (future ) Tj ET Q q 0 0 0 rg BT 158.96 417.75 Td (stock-based ) Tj ET Q q 0 0 0 rg BT 215.38 417.75 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 265.14 417.75 Td (transactions ) Tj ET Q q 0 0 0 rg BT 321.56 417.75 Td (and ) Tj ET Q q 0 0 0 rg BT 340.75 417.75 Td (to ) Tj ET Q q 0 0 0 rg BT 351.59 417.75 Td (fund ) Tj ET Q q 0 0 0 rg BT 373.56 417.75 Td (employee ) Tj ET Q q 0 0 0 rg BT 419.42 417.75 Td (equity ) Tj ET Q q 0 0 0 rg BT 448.61 417.75 Td (incentive ) Tj ET Q q 0 0 0 rg BT 490.58 417.75 Td (programs, ) Tj ET Q q 0 0 0 rg BT 538.10 417.75 Td (could ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 405.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 90.28 405.75 Td (Larry ) Tj ET Q q 0 0 0 rg BT 115.53 405.75 Td (and ) Tj ET Q q 0 0 0 rg BT 134.68 405.75 Td (Sergey? Tj ET Q q 0 0 0 rg BT 168.41 405.75 Td (s ) Tj ET Q q 0 0 0 rg BT 175.88 405.75 Td (current ) Tj ET Q q 0 0 0 rg BT 209.47 405.75 Td (relative ) Tj ET Q q 0 0 0 rg BT 244.18 405.75 Td (voting ) Tj ET Q q 0 0 0 rg BT 273.33 405.75 Td (power ) Tj ET Q q 0 0 0 rg BT 303.04 405.75 Td (and ) Tj ET Q q 0 0 0 rg BT 322.19 405.75 Td (their ) Tj ET Q q 0 0 0 rg BT 344.11 405.75 Td (ability ) Tj ET Q q 0 0 0 rg BT 372.15 405.75 Td (to ) Tj ET Q q 0 0 0 rg BT 382.96 405.75 Td (elect ) Tj ET Q q 0 0 0 rg BT 406.55 405.75 Td (all ) Tj ET Q q 0 0 0 rg BT 419.02 405.75 Td (of ) Tj ET Q q 0 0 0 rg BT 429.83 405.75 Td (our ) Tj ET Q q 0 0 0 rg BT 446.75 405.75 Td (directors ) Tj ET Q q 0 0 0 rg BT 487.57 405.75 Td (and ) Tj ET Q q 0 0 0 rg BT 506.72 405.75 Td (to ) Tj ET Q q 0 0 0 rg BT 517.53 405.75 Td (determine ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 393.75 Td (the ) Tj ET Q q 0 0 0 rg BT 67.62 393.75 Td (outcome ) Tj ET Q q 0 0 0 rg BT 109.68 393.75 Td (of ) Tj ET Q q 0 0 0 rg BT 121.74 393.75 Td (most ) Tj ET Q q 0 0 0 rg BT 147.12 393.75 Td (matters ) Tj ET Q q 0 0 0 rg BT 184.18 393.75 Td (submitted ) Tj ET Q q 0 0 0 rg BT 231.25 393.75 Td (to ) Tj ET Q q 0 0 0 rg BT 243.30 393.75 Td (a ) Tj ET Q q 0 0 0 rg BT 252.58 393.75 Td (vote ) Tj ET Q q 0 0 0 rg BT 275.19 393.75 Td (of ) Tj ET Q q 0 0 0 rg BT 287.25 393.75 Td (our ) Tj ET Q q 0 0 0 rg BT 305.41 393.75 Td (stockholders. ) Tj ET Q q 0 0 0 rg BT 367.80 393.75 Td (This ) Tj ET Q q 0 0 0 rg BT 390.41 393.75 Td (concentrated ) Tj ET Q q 0 0 0 rg BT 451.94 393.75 Td (control ) Tj ET Q q 0 0 0 rg BT 485.67 393.75 Td (limits ) Tj ET Q q 0 0 0 rg BT 512.16 393.75 Td (or ) Tj ET Q q 0 0 0 rg BT 524.76 393.75 Td (severely ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 381.75 Td (restricts ) Tj ET Q q 0 0 0 rg BT 86.63 381.75 Td (other ) Tj ET Q q 0 0 0 rg BT 111.05 381.75 Td (stockholders? Tj ET Q q 0 0 0 rg BT 169.04 381.75 Td ( ) Tj ET Q q 0 0 0 rg BT 170.67 381.75 Td (ability ) Tj ET Q q 0 0 0 rg BT 197.87 381.75 Td (to ) Tj ET Q q 0 0 0 rg BT 207.83 381.75 Td (influence ) Tj ET Q q 0 0 0 rg BT 249.49 381.75 Td (corporate ) Tj ET Q q 0 0 0 rg BT 293.37 381.75 Td (matters ) Tj ET Q q 0 0 0 rg BT 328.34 381.75 Td (and ) Tj ET Q q 0 0 0 rg BT 346.65 381.75 Td (we ) Tj ET Q q 0 0 0 rg BT 361.06 381.75 Td (may ) Tj ET Q q 0 0 0 rg BT 381.59 381.75 Td (take ) Tj ET Q q 0 0 0 rg BT 402.12 381.75 Td (actions ) Tj ET Q q 0 0 0 rg BT 435.43 381.75 Td (that ) Tj ET Q q 0 0 0 rg BT 453.74 381.75 Td (some ) Tj ET Q q 0 0 0 rg BT 479.82 381.75 Td (of ) Tj ET Q q 0 0 0 rg BT 489.79 381.75 Td (our ) Tj ET Q q 0 0 0 rg BT 505.87 381.75 Td (stockholders ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 369.75 Td (do ) Tj ET Q q 0 0 0 rg BT 63.88 369.75 Td (not ) Tj ET Q q 0 0 0 rg BT 80.54 369.75 Td (view ) Tj ET Q q 0 0 0 rg BT 103.30 369.75 Td (as ) Tj ET Q q 0 0 0 rg BT 116.62 369.75 Td (beneficial, ) Tj ET Q q 0 0 0 rg BT 164.40 369.75 Td (which ) Tj ET Q q 0 0 0 rg BT 192.73 369.75 Td (could ) Tj ET Q q 0 0 0 rg BT 219.39 369.75 Td (reduce ) Tj ET Q q 0 0 0 rg BT 252.72 369.75 Td (the ) Tj ET Q q 0 0 0 rg BT 269.38 369.75 Td (market ) Tj ET Q q 0 0 0 rg BT 302.70 369.75 Td (price ) Tj ET Q q 0 0 0 rg BT 327.13 369.75 Td (of ) Tj ET Q q 0 0 0 rg BT 338.23 369.75 Td (our ) Tj ET Q q 0 0 0 rg BT 355.44 369.75 Td (Class ) Tj ET Q q 0 0 0 rg BT 382.65 369.75 Td (A) Tj ET Q q 0 0 0 rg BT 388.77 369.75 Td ( ) Tj ET Q q 0 0 0 rg BT 391.53 369.75 Td (common ) Tj ET Q q 0 0 0 rg BT 432.63 369.75 Td (stock ) Tj ET Q q 0 0 0 rg BT 458.73 369.75 Td (and ) Tj ET Q q 0 0 0 rg BT 478.17 369.75 Td (our ) Tj ET Q q 0 0 0 rg BT 495.38 369.75 Td (Class ) Tj ET Q q 0 0 0 rg BT 523.14 369.75 Td (C ) Tj ET Q q 0 0 0 rg BT 533.12 369.75 Td (capital ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 357.75 Td (stock.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 73.00 339.75 Td (Provisions in our charter documents and under Delaware law could discourage a takeover that ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 327.75 Td (stockholders may consider favorable. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 309.75 Td (Provisions ) Tj ET Q q 0 0 0 rg BT 122.09 309.75 Td (in ) Tj ET Q q 0 0 0 rg BT 132.26 309.75 Td (Alphabet? Tj ET Q q 0 0 0 rg BT 173.77 309.75 Td (s ) Tj ET Q q 0 0 0 rg BT 181.74 309.75 Td (certificate ) Tj ET Q q 0 0 0 rg BT 227.50 309.75 Td (of ) Tj ET Q q 0 0 0 rg BT 238.81 309.75 Td (incorporation ) Tj ET Q q 0 0 0 rg BT 299.59 309.75 Td (and ) Tj ET Q q 0 0 0 rg BT 319.24 309.75 Td (bylaws ) Tj ET Q q 0 0 0 rg BT 352.77 309.75 Td (may ) Tj ET Q q 0 0 0 rg BT 374.63 309.75 Td (have ) Tj ET Q q 0 0 0 rg BT 399.28 309.75 Td (the ) Tj ET Q q 0 0 0 rg BT 416.15 309.75 Td (ef) Tj ET Q q 0 0 0 rg BT 424.31 309.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 443.39 309.75 Td (of ) Tj ET Q q 0 0 0 rg BT 454.70 309.75 Td (delaying ) Tj ET Q q 0 0 0 rg BT 494.92 309.75 Td (or ) Tj ET Q q 0 0 0 rg BT 506.78 309.75 Td (preventing ) Tj ET Q q 0 0 0 rg BT 556.44 309.75 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 297.75 Td (change ) Tj ET Q q 0 0 0 rg BT 85.59 297.75 Td (of ) Tj ET Q q 0 0 0 rg BT 96.70 297.75 Td (control ) Tj ET Q q 0 0 0 rg BT 129.50 297.75 Td (or ) Tj ET Q q 0 0 0 rg BT 141.17 297.75 Td (changes ) Tj ET Q q 0 0 0 rg BT 181.75 297.75 Td (in ) Tj ET Q q 0 0 0 rg BT 192.31 297.75 Td (our ) Tj ET Q q 0 0 0 rg BT 209.55 297.75 Td (management. ) Tj ET Q q 0 0 0 rg BT 273.29 297.75 Td (These ) Tj ET Q q 0 0 0 rg BT 303.86 297.75 Td (provisions ) Tj ET Q q 0 0 0 rg BT 351.66 297.75 Td (include ) Tj ET Q q 0 0 0 rg BT 386.13 297.75 Td (the ) Tj ET Q q 0 0 0 rg BT 402.81 297.75 Td (following:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 279.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 279.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 104.87 279.75 Td (certificate ) Tj ET Q q 0 0 0 rg BT 149.86 279.75 Td (of ) Tj ET Q q 0 0 0 rg BT 160.40 279.75 Td (incorporation ) Tj ET Q q 0 0 0 rg BT 220.41 279.75 Td (provides ) Tj ET Q q 0 0 0 rg BT 260.41 279.75 Td (for ) Tj ET Q q 0 0 0 rg BT 274.28 279.75 Td (a ) Tj ET Q q 0 0 0 rg BT 282.04 279.75 Td (tri-class ) Tj ET Q q 0 0 0 rg BT 318.68 279.75 Td (capital ) Tj ET Q q 0 0 0 rg BT 349.79 279.75 Td (stock ) Tj ET Q q 0 0 0 rg BT 375.33 279.75 Td (structure. ) Tj ET Q q 0 0 0 rg BT 418.77 279.75 Td (As ) Tj ET Q q 0 0 0 rg BT 432.64 279.75 Td (a ) Tj ET Q q 0 0 0 rg BT 440.40 279.75 Td (result ) Tj ET Q q 0 0 0 rg BT 467.05 279.75 Td (of ) Tj ET Q q 0 0 0 rg BT 477.59 279.75 Td (this ) Tj ET Q q 0 0 0 rg BT 495.35 279.75 Td (structure, ) Tj ET Q q 0 0 0 rg BT 539.23 279.75 Td (Larry ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 267.75 Td (and ) Tj ET Q q 0 0 0 rg BT 105.73 267.75 Td (Sergey ) Tj ET Q q 0 0 0 rg BT 140.47 267.75 Td (have ) Tj ET Q q 0 0 0 rg BT 165.20 267.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 212.71 267.75 Td (influence ) Tj ET Q q 0 0 0 rg BT 255.79 267.75 Td (over ) Tj ET Q q 0 0 0 rg BT 278.29 267.75 Td (all ) Tj ET Q q 0 0 0 rg BT 291.35 267.75 Td (matters ) Tj ET Q q 0 0 0 rg BT 327.74 267.75 Td (requiring ) Tj ET Q q 0 0 0 rg BT 369.69 267.75 Td (stockholder ) Tj ET Q q 0 0 0 rg BT 423.88 267.75 Td (approval, ) Tj ET Q q 0 0 0 rg BT 468.07 267.75 Td (including ) Tj ET Q q 0 0 0 rg BT 510.59 267.75 Td (the ) Tj ET Q q 0 0 0 rg BT 527.54 267.75 Td (election ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 255.75 Td (of ) Tj ET Q q 0 0 0 rg BT 98.08 255.75 Td (directors ) Tj ET Q q 0 0 0 rg BT 140.16 255.75 Td (and ) Tj ET Q q 0 0 0 rg BT 160.59 255.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 208.79 255.75 Td (corporate ) Tj ET Q q 0 0 0 rg BT 254.78 255.75 Td (transactions, ) Tj ET Q q 0 0 0 rg BT 315.21 255.75 Td (such ) Tj ET Q q 0 0 0 rg BT 340.07 255.75 Td (as ) Tj ET Q q 0 0 0 rg BT 354.37 255.75 Td (a ) Tj ET Q q 0 0 0 rg BT 363.67 255.75 Td (merger ) Tj ET Q q 0 0 0 rg BT 399.09 255.75 Td (or ) Tj ET Q q 0 0 0 rg BT 411.72 255.75 Td (other ) Tj ET Q q 0 0 0 rg BT 438.25 255.75 Td (sale ) Tj ET Q q 0 0 0 rg BT 460.33 255.75 Td (of ) Tj ET Q q 0 0 0 rg BT 472.41 255.75 Td (our ) Tj ET Q q 0 0 0 rg BT 490.60 255.75 Td (company ) Tj ET Q q 0 0 0 rg BT 534.92 255.75 Td (or ) Tj ET Q q 0 0 0 rg BT 547.55 255.75 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 243.75 Td (assets. ) Tj ET Q q 0 0 0 rg BT 120.79 243.75 Td (This ) Tj ET Q q 0 0 0 rg BT 143.00 243.75 Td (concentrated ) Tj ET Q q 0 0 0 rg BT 204.14 243.75 Td (control ) Tj ET Q q 0 0 0 rg BT 237.48 243.75 Td (could ) Tj ET Q q 0 0 0 rg BT 264.71 243.75 Td (discourage ) Tj ET Q q 0 0 0 rg BT 316.96 243.75 Td (others ) Tj ET Q q 0 0 0 rg BT 348.07 243.75 Td (from ) Tj ET Q q 0 0 0 rg BT 371.40 243.75 Td (initiating ) Tj ET Q q 0 0 0 rg BT 411.41 243.75 Td (any ) Tj ET Q q 0 0 0 rg BT 430.86 243.75 Td (potential ) Tj ET Q q 0 0 0 rg BT 471.99 243.75 Td (merger) Tj ET Q q 0 0 0 rg BT 503.11 243.75 Td (, ) Tj ET Q q 0 0 0 rg BT 509.21 243.75 Td (takeover) Tj ET Q q 0 0 0 rg BT 547.02 243.75 Td (, ) Tj ET Q q 0 0 0 rg BT 553.12 243.75 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 231.75 Td (other ) Tj ET Q q 0 0 0 rg BT 110.25 231.75 Td (change ) Tj ET Q q 0 0 0 rg BT 144.51 231.75 Td (of ) Tj ET Q q 0 0 0 rg BT 154.30 231.75 Td (control ) Tj ET Q q 0 0 0 rg BT 185.77 231.75 Td (transaction ) Tj ET Q q 0 0 0 rg BT 236.14 231.75 Td (that ) Tj ET Q q 0 0 0 rg BT 254.27 231.75 Td (other ) Tj ET Q q 0 0 0 rg BT 278.52 231.75 Td (stockholders ) Tj ET Q q 0 0 0 rg BT 336.11 231.75 Td (may ) Tj ET Q q 0 0 0 rg BT 356.45 231.75 Td (view ) Tj ET Q q 0 0 0 rg BT 377.91 231.75 Td (as ) Tj ET Q q 0 0 0 rg BT 389.92 231.75 Td (beneficial. ) Tj ET Q q 0 0 0 rg BT 436.12 231.75 Td (As ) Tj ET Q q 0 0 0 rg BT 449.24 231.75 Td (noted ) Tj ET Q q 0 0 0 rg BT 475.72 231.75 Td (above, ) Tj ET Q q 0 0 0 rg BT 507.20 231.75 Td (the ) Tj ET Q q 0 0 0 rg BT 522.55 231.75 Td (issuance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 219.75 Td (of ) Tj ET Q q 0 0 0 rg BT 97.12 219.75 Td (the ) Tj ET Q q 0 0 0 rg BT 113.80 219.75 Td (Class ) Tj ET Q q 0 0 0 rg BT 141.58 219.75 Td (C ) Tj ET Q q 0 0 0 rg BT 151.58 219.75 Td (capital ) Tj ET Q q 0 0 0 rg BT 183.27 219.75 Td (stock ) Tj ET Q q 0 0 0 rg BT 209.38 219.75 Td (could ) Tj ET Q q 0 0 0 rg BT 236.07 219.75 Td (have ) Tj ET Q q 0 0 0 rg BT 260.53 219.75 Td (the ) Tj ET Q q 0 0 0 rg BT 277.21 219.75 Td (ef) Tj ET Q q 0 0 0 rg BT 285.37 219.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 304.27 219.75 Td (of ) Tj ET Q q 0 0 0 rg BT 315.38 219.75 Td (continuing ) Tj ET Q q 0 0 0 rg BT 363.75 219.75 Td (the ) Tj ET Q q 0 0 0 rg BT 380.43 219.75 Td (influence ) Tj ET Q q 0 0 0 rg BT 423.24 219.75 Td (of ) Tj ET Q q 0 0 0 rg BT 434.36 219.75 Td (Larry ) Tj ET Q q 0 0 0 rg BT 459.92 219.75 Td (and ) Tj ET Q q 0 0 0 rg BT 479.38 219.75 Td (Sergey) Tj ET Q q 0 0 0 rg BT 510.33 219.75 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 201.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 201.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 105.60 201.75 Td (board ) Tj ET Q q 0 0 0 rg BT 134.10 201.75 Td (of ) Tj ET Q q 0 0 0 rg BT 145.36 201.75 Td (directors ) Tj ET Q q 0 0 0 rg BT 186.64 201.75 Td (has ) Tj ET Q q 0 0 0 rg BT 205.69 201.75 Td (the ) Tj ET Q q 0 0 0 rg BT 222.51 201.75 Td (right ) Tj ET Q q 0 0 0 rg BT 244.89 201.75 Td (to ) Tj ET Q q 0 0 0 rg BT 256.16 201.75 Td (elect ) Tj ET Q q 0 0 0 rg BT 280.21 201.75 Td (directors ) Tj ET Q q 0 0 0 rg BT 321.48 201.75 Td (to ) Tj ET Q q 0 0 0 rg BT 332.74 201.75 Td (fill ) Tj ET Q q 0 0 0 rg BT 345.11 201.75 Td (a ) Tj ET Q q 0 0 0 rg BT 353.60 201.75 Td (vacancy ) Tj ET Q q 0 0 0 rg BT 393.21 201.75 Td (created ) Tj ET Q q 0 0 0 rg BT 429.49 201.75 Td (by ) Tj ET Q q 0 0 0 rg BT 442.98 201.75 Td (the ) Tj ET Q q 0 0 0 rg BT 459.81 201.75 Td (expansion ) Tj ET Q q 0 0 0 rg BT 508.33 201.75 Td (of ) Tj ET Q q 0 0 0 rg BT 519.59 201.75 Td (the ) Tj ET Q q 0 0 0 rg BT 536.42 201.75 Td (board ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 189.75 Td (of ) Tj ET Q q 0 0 0 rg BT 97.44 189.75 Td (directors ) Tj ET Q q 0 0 0 rg BT 138.89 189.75 Td (or ) Tj ET Q q 0 0 0 rg BT 150.89 189.75 Td (the ) Tj ET Q q 0 0 0 rg BT 167.89 189.75 Td (resignation, ) Tj ET Q q 0 0 0 rg BT 222.70 189.75 Td (death, ) Tj ET Q q 0 0 0 rg BT 253.60 189.75 Td (or ) Tj ET Q q 0 0 0 rg BT 265.60 189.75 Td (removal ) Tj ET Q q 0 0 0 rg BT 304.27 189.75 Td (of ) Tj ET Q q 0 0 0 rg BT 315.71 189.75 Td (a ) Tj ET Q q 0 0 0 rg BT 324.38 189.75 Td (director) Tj ET Q q 0 0 0 rg BT 357.17 189.75 Td (, ) Tj ET Q q 0 0 0 rg BT 363.05 189.75 Td (which ) Tj ET Q q 0 0 0 rg BT 391.72 189.75 Td (prevents ) Tj ET Q q 0 0 0 rg BT 433.18 189.75 Td (stockholders ) Tj ET Q q 0 0 0 rg BT 492.42 189.75 Td (from ) Tj ET Q q 0 0 0 rg BT 515.53 189.75 Td (being ) Tj ET Q q 0 0 0 rg BT 543.10 189.75 Td (able ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 177.75 Td (to ) Tj ET Q q 0 0 0 rg BT 97.12 177.75 Td (fill ) Tj ET Q q 0 0 0 rg BT 109.34 177.75 Td (vacancies ) Tj ET Q q 0 0 0 rg BT 156.59 177.75 Td (on ) Tj ET Q q 0 0 0 rg BT 170.49 177.75 Td (our ) Tj ET Q q 0 0 0 rg BT 187.72 177.75 Td (board ) Tj ET Q q 0 0 0 rg BT 216.07 177.75 Td (of ) Tj ET Q q 0 0 0 rg BT 227.19 177.75 Td (directors.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 159.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 159.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 105.10 159.75 Td (stockholders ) Tj ET Q q 0 0 0 rg BT 163.68 159.75 Td (may ) Tj ET Q q 0 0 0 rg BT 185.00 159.75 Td (not ) Tj ET Q q 0 0 0 rg BT 201.34 159.75 Td (act ) Tj ET Q q 0 0 0 rg BT 217.12 159.75 Td (by ) Tj ET Q q 0 0 0 rg BT 230.11 159.75 Td (written ) Tj ET Q q 0 0 0 rg BT 262.00 159.75 Td (consent. ) Tj ET Q q 0 0 0 rg BT 301.75 159.75 Td (As ) Tj ET Q q 0 0 0 rg BT 315.86 159.75 Td (a ) Tj ET Q q 0 0 0 rg BT 323.86 159.75 Td (result, ) Tj ET Q q 0 0 0 rg BT 353.52 159.75 Td (a ) Tj ET Q q 0 0 0 rg BT 361.52 159.75 Td (holder) Tj ET Q q 0 0 0 rg BT 388.77 159.75 Td (, ) Tj ET Q q 0 0 0 rg BT 393.98 159.75 Td (or ) Tj ET Q q 0 0 0 rg BT 405.31 159.75 Td (holders, ) Tj ET Q q 0 0 0 rg BT 443.32 159.75 Td (controlling ) Tj ET Q q 0 0 0 rg BT 491.33 159.75 Td (a ) Tj ET Q q 0 0 0 rg BT 499.33 159.75 Td (majority ) Tj ET Q q 0 0 0 rg BT 536.77 159.75 Td (of ) Tj ET Q q 0 0 0 rg BT 547.54 159.75 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 147.75 Td (capital ) Tj ET Q q 0 0 0 rg BT 117.68 147.75 Td (stock ) Tj ET Q q 0 0 0 rg BT 143.80 147.75 Td (would ) Tj ET Q q 0 0 0 rg BT 172.71 147.75 Td (not ) Tj ET Q q 0 0 0 rg BT 189.39 147.75 Td (be ) Tj ET Q q 0 0 0 rg BT 203.29 147.75 Td (able ) Tj ET Q q 0 0 0 rg BT 224.97 147.75 Td (to ) Tj ET Q q 0 0 0 rg BT 236.09 147.75 Td (take ) Tj ET Q q 0 0 0 rg BT 257.77 147.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 290.57 147.75 Td (actions ) Tj ET Q q 0 0 0 rg BT 325.03 147.75 Td (without ) Tj ET Q q 0 0 0 rg BT 359.49 147.75 Td (holding ) Tj ET Q q 0 0 0 rg BT 394.52 147.75 Td (a ) Tj ET Q q 0 0 0 rg BT 402.86 147.75 Td (stockholders' ) Tj ET Q q 0 0 0 rg BT 463.69 147.75 Td (meeting.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 129.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 129.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 105.37 129.75 Td (certificate ) Tj ET Q q 0 0 0 rg BT 150.86 129.75 Td (of ) Tj ET Q q 0 0 0 rg BT 161.90 129.75 Td (incorporation ) Tj ET Q q 0 0 0 rg BT 222.41 129.75 Td (prohibits ) Tj ET Q q 0 0 0 rg BT 262.91 129.75 Td (cumulative ) Tj ET Q q 0 0 0 rg BT 313.41 129.75 Td (voting ) Tj ET Q q 0 0 0 rg BT 342.79 129.75 Td (in ) Tj ET Q q 0 0 0 rg BT 353.28 129.75 Td (the ) Tj ET Q q 0 0 0 rg BT 369.88 129.75 Td (election ) Tj ET Q q 0 0 0 rg BT 407.04 129.75 Td (of ) Tj ET Q q 0 0 0 rg BT 418.08 129.75 Td (directors. ) Tj ET Q q 0 0 0 rg BT 461.73 129.75 Td (This ) Tj ET Q q 0 0 0 rg BT 483.32 129.75 Td (limits ) Tj ET Q q 0 0 0 rg BT 508.80 129.75 Td (the ) Tj ET Q q 0 0 0 rg BT 525.40 129.75 Td (ability ) Tj ET Q q 0 0 0 rg BT 553.66 129.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 117.75 Td (minority ) Tj ET Q q 0 0 0 rg BT 123.78 117.75 Td (stockholders ) Tj ET Q q 0 0 0 rg BT 182.70 117.75 Td (to ) Tj ET Q q 0 0 0 rg BT 193.82 117.75 Td (elect ) Tj ET Q q 0 0 0 rg BT 217.72 117.75 Td (director ) Tj ET Q q 0 0 0 rg BT 253.84 117.75 Td (candidates.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 99.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 99.75 Td (Stockholders ) Tj ET Q q 0 0 0 rg BT 146.63 99.75 Td (must ) Tj ET Q q 0 0 0 rg BT 171.13 99.75 Td (provide ) Tj ET Q q 0 0 0 rg BT 206.75 99.75 Td (advance ) Tj ET Q q 0 0 0 rg BT 247.38 99.75 Td (notice ) Tj ET Q q 0 0 0 rg BT 276.89 99.75 Td (to ) Tj ET Q q 0 0 0 rg BT 288.05 99.75 Td (nominate ) Tj ET Q q 0 0 0 rg BT 332.01 99.75 Td (individuals ) Tj ET Q q 0 0 0 rg BT 381.53 99.75 Td (for ) Tj ET Q q 0 0 0 rg BT 396.03 99.75 Td (election ) Tj ET Q q 0 0 0 rg BT 433.32 99.75 Td (to ) Tj ET Q q 0 0 0 rg BT 444.48 99.75 Td (the ) Tj ET Q q 0 0 0 rg BT 461.21 99.75 Td (board ) Tj ET Q q 0 0 0 rg BT 489.61 99.75 Td (of ) Tj ET Q q 0 0 0 rg BT 500.77 99.75 Td (directors ) Tj ET Q q 0 0 0 rg BT 541.94 99.75 Td (or ) Tj ET Q q 0 0 0 rg BT 553.66 99.75 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 87.75 Td (propose ) Tj ET Q q 0 0 0 rg BT 124.23 87.75 Td (matters ) Tj ET Q q 0 0 0 rg BT 159.66 87.75 Td (that ) Tj ET Q q 0 0 0 rg BT 178.43 87.75 Td (can ) Tj ET Q q 0 0 0 rg BT 196.65 87.75 Td (be ) Tj ET Q q 0 0 0 rg BT 209.86 87.75 Td (acted ) Tj ET Q q 0 0 0 rg BT 236.42 87.75 Td (upon ) Tj ET Q q 0 0 0 rg BT 260.75 87.75 Td (at ) Tj ET Q q 0 0 0 rg BT 271.19 87.75 Td (a ) Tj ET Q q 0 0 0 rg BT 278.84 87.75 Td (stockholders? Tj ET Q q 0 0 0 rg BT 336.83 87.75 Td ( ) Tj ET Q q 0 0 0 rg BT 338.92 87.75 Td (meeting. ) Tj ET Q q 0 0 0 rg BT 379.23 87.75 Td (These ) Tj ET Q q 0 0 0 rg BT 409.12 87.75 Td (provisions ) Tj ET Q q 0 0 0 rg BT 456.23 87.75 Td (may ) Tj ET Q q 0 0 0 rg BT 477.21 87.75 Td (discourage ) Tj ET Q q 0 0 0 rg BT 528.22 87.75 Td (or ) Tj ET Q q 0 0 0 rg BT 539.21 87.75 Td (deter ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 75.75 Td (a ) Tj ET Q q 0 0 0 rg BT 94.73 75.75 Td (potential ) Tj ET Q q 0 0 0 rg BT 135.71 75.75 Td (acquirer ) Tj ET Q q 0 0 0 rg BT 175.00 75.75 Td (from ) Tj ET Q q 0 0 0 rg BT 198.17 75.75 Td (conducting ) Tj ET Q q 0 0 0 rg BT 249.71 75.75 Td (a ) Tj ET Q q 0 0 0 rg BT 258.44 75.75 Td (solicitation ) Tj ET Q q 0 0 0 rg BT 308.30 75.75 Td (of ) Tj ET Q q 0 0 0 rg BT 319.81 75.75 Td (proxies ) Tj ET Q q 0 0 0 rg BT 355.21 75.75 Td (to ) Tj ET Q q 0 0 0 rg BT 366.72 75.75 Td (elect ) Tj ET Q q 0 0 0 rg BT 391.01 75.75 Td (the ) Tj ET Q q 0 0 0 rg BT 408.08 75.75 Td (acquirer's ) Tj ET Q q 0 0 0 rg BT 454.29 75.75 Td (own ) Tj ET Q q 0 0 0 rg BT 475.80 75.75 Td (slate ) Tj ET Q q 0 0 0 rg BT 500.10 75.75 Td (of ) Tj ET Q q 0 0 0 rg BT 511.61 75.75 Td (directors ) Tj ET Q q 0 0 0 rg BT 553.12 75.75 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 63.75 Td (otherwise ) Tj ET Q q 0 0 0 rg BT 131.58 63.75 Td (attempting ) Tj ET Q q 0 0 0 rg BT 181.05 63.75 Td (to ) Tj ET Q q 0 0 0 rg BT 192.17 63.75 Td (obtain ) Tj ET Q q 0 0 0 rg BT 222.19 63.75 Td (control ) Tj ET Q q 0 0 0 rg BT 254.98 63.75 Td (of ) Tj ET Q q 0 0 0 rg BT 266.10 63.75 Td (our ) Tj ET Q q 0 0 0 rg BT 283.33 63.75 Td (company) Tj ET Q q 0 0 0 rg BT 323.17 63.75 Td (.) Tj ET Q endstream endobj 41 0 obj <>] /Rotate 0 /Contents 42 0 R>> endobj 42 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 53 767.11455078125 m 123.04443359375 767.11455078125 l s q 0 0 1 rg BT 53.00 768.40 Td (T) Tj ET Q q 0 0 1 rg BT 57.50 768.40 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.396078431372549 0.396078431372549 0.396078431372549 rg BT 500.45 768.40 Td (Alphabet Inc.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.40 31.25 Td (19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 741.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 741.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 105.24 741.75 Td (board ) Tj ET Q q 0 0 0 rg BT 133.38 741.75 Td (of ) Tj ET Q q 0 0 0 rg BT 144.29 741.75 Td (directors ) Tj ET Q q 0 0 0 rg BT 185.20 741.75 Td (may ) Tj ET Q q 0 0 0 rg BT 206.66 741.75 Td (issue, ) Tj ET Q q 0 0 0 rg BT 235.35 741.75 Td (without ) Tj ET Q q 0 0 0 rg BT 269.60 741.75 Td (stockholder ) Tj ET Q q 0 0 0 rg BT 323.30 741.75 Td (approval, ) Tj ET Q q 0 0 0 rg BT 367.01 741.75 Td (shares ) Tj ET Q q 0 0 0 rg BT 399.59 741.75 Td (of ) Tj ET Q q 0 0 0 rg BT 410.50 741.75 Td (undesignated ) Tj ET Q q 0 0 0 rg BT 473.12 741.75 Td (preferred ) Tj ET Q q 0 0 0 rg BT 516.26 741.75 Td (stock. ) Tj ET Q q 0 0 0 rg BT 544.78 741.75 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 729.75 Td (ability ) Tj ET Q q 0 0 0 rg BT 114.88 729.75 Td (to ) Tj ET Q q 0 0 0 rg BT 126.53 729.75 Td (issue ) Tj ET Q q 0 0 0 rg BT 153.19 729.75 Td (undesignated ) Tj ET Q q 0 0 0 rg BT 216.56 729.75 Td (preferred ) Tj ET Q q 0 0 0 rg BT 260.45 729.75 Td (stock ) Tj ET Q q 0 0 0 rg BT 287.10 729.75 Td (makes ) Tj ET Q q 0 0 0 rg BT 319.86 729.75 Td (it ) Tj ET Q q 0 0 0 rg BT 328.18 729.75 Td (possible ) Tj ET Q q 0 0 0 rg BT 368.18 729.75 Td (for ) Tj ET Q q 0 0 0 rg BT 383.16 729.75 Td (our ) Tj ET Q q 0 0 0 rg BT 400.93 729.75 Td (board ) Tj ET Q q 0 0 0 rg BT 429.82 729.75 Td (of ) Tj ET Q q 0 0 0 rg BT 441.47 729.75 Td (directors ) Tj ET Q q 0 0 0 rg BT 483.13 729.75 Td (to ) Tj ET Q q 0 0 0 rg BT 494.78 729.75 Td (issue ) Tj ET Q q 0 0 0 rg BT 521.44 729.75 Td (preferred ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 717.75 Td (stock ) Tj ET Q q 0 0 0 rg BT 112.12 717.75 Td (with ) Tj ET Q q 0 0 0 rg BT 132.68 717.75 Td (voting ) Tj ET Q q 0 0 0 rg BT 162.14 717.75 Td (or ) Tj ET Q q 0 0 0 rg BT 173.81 717.75 Td (other ) Tj ET Q q 0 0 0 rg BT 199.38 717.75 Td (rights ) Tj ET Q q 0 0 0 rg BT 226.62 717.75 Td (or ) Tj ET Q q 0 0 0 rg BT 238.29 717.75 Td (preferences ) Tj ET Q q 0 0 0 rg BT 293.87 717.75 Td (that ) Tj ET Q q 0 0 0 rg BT 313.33 717.75 Td (could ) Tj ET Q q 0 0 0 rg BT 340.01 717.75 Td (impede ) Tj ET Q q 0 0 0 rg BT 375.59 717.75 Td (the ) Tj ET Q q 0 0 0 rg BT 392.27 717.75 Td (success ) Tj ET Q q 0 0 0 rg BT 431.17 717.75 Td (of ) Tj ET Q q 0 0 0 rg BT 442.29 717.75 Td (any ) Tj ET Q q 0 0 0 rg BT 461.19 717.75 Td (attempt ) Tj ET Q q 0 0 0 rg BT 497.32 717.75 Td (to ) Tj ET Q q 0 0 0 rg BT 508.44 717.75 Td (acquire ) Tj ET Q q 0 0 0 rg BT 544.01 717.75 Td (us.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 699.75 Td (As ) Tj ET Q q 0 0 0 rg BT 87.80 699.75 Td (a ) Tj ET Q q 0 0 0 rg BT 96.49 699.75 Td (Delaware ) Tj ET Q q 0 0 0 rg BT 141.85 699.75 Td (corporation, ) Tj ET Q q 0 0 0 rg BT 197.79 699.75 Td (we ) Tj ET Q q 0 0 0 rg BT 213.70 699.75 Td (are ) Tj ET Q q 0 0 0 rg BT 231.28 699.75 Td (also ) Tj ET Q q 0 0 0 rg BT 252.75 699.75 Td (subject ) Tj ET Q q 0 0 0 rg BT 287.56 699.75 Td (to ) Tj ET Q q 0 0 0 rg BT 299.03 699.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 332.17 699.75 Td (Delaware ) Tj ET Q q 0 0 0 rg BT 377.54 699.75 Td (anti-takeover ) Tj ET Q q 0 0 0 rg BT 438.47 699.75 Td (provisions. ) Tj ET Q q 0 0 0 rg BT 489.40 699.75 Td (Under ) Tj ET Q q 0 0 0 rg BT 519.76 699.75 Td (Delaware ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 687.75 Td (law) Tj ET Q q 0 0 0 rg BT 64.45 687.75 Td (, ) Tj ET Q q 0 0 0 rg BT 69.62 687.75 Td (a ) Tj ET Q q 0 0 0 rg BT 77.58 687.75 Td (corporation ) Tj ET Q q 0 0 0 rg BT 130.00 687.75 Td (may ) Tj ET Q q 0 0 0 rg BT 151.28 687.75 Td (not ) Tj ET Q q 0 0 0 rg BT 167.57 687.75 Td (engage ) Tj ET Q q 0 0 0 rg BT 203.33 687.75 Td (in ) Tj ET Q q 0 0 0 rg BT 213.51 687.75 Td (a ) Tj ET Q q 0 0 0 rg BT 221.46 687.75 Td (business ) Tj ET Q q 0 0 0 rg BT 263.32 687.75 Td (combination ) Tj ET Q q 0 0 0 rg BT 319.63 687.75 Td (with ) Tj ET Q q 0 0 0 rg BT 339.81 687.75 Td (any ) Tj ET Q q 0 0 0 rg BT 358.32 687.75 Td (holder ) Tj ET Q q 0 0 0 rg BT 388.51 687.75 Td (of ) Tj ET Q q 0 0 0 rg BT 399.24 687.75 Td (15% ) Tj ET Q q 0 0 0 rg BT 421.65 687.75 Td (or ) Tj ET Q q 0 0 0 rg BT 432.93 687.75 Td (more ) Tj ET Q q 0 0 0 rg BT 458.11 687.75 Td (of ) Tj ET Q q 0 0 0 rg BT 468.84 687.75 Td (its ) Tj ET Q q 0 0 0 rg BT 481.23 687.75 Td (outstanding ) Tj ET Q q 0 0 0 rg BT 535.33 687.75 Td (voting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 675.75 Td (stock ) Tj ET Q q 0 0 0 rg BT 75.79 675.75 Td (unless ) Tj ET Q q 0 0 0 rg BT 107.14 675.75 Td (the ) Tj ET Q q 0 0 0 rg BT 123.49 675.75 Td (holder ) Tj ET Q q 0 0 0 rg BT 153.73 675.75 Td (has ) Tj ET Q q 0 0 0 rg BT 172.30 675.75 Td (held ) Tj ET Q q 0 0 0 rg BT 193.66 675.75 Td (the ) Tj ET Q q 0 0 0 rg BT 210.01 675.75 Td (stock ) Tj ET Q q 0 0 0 rg BT 235.79 675.75 Td (for ) Tj ET Q q 0 0 0 rg BT 249.91 675.75 Td (three ) Tj ET Q q 0 0 0 rg BT 275.15 675.75 Td (years ) Tj ET Q q 0 0 0 rg BT 302.05 675.75 Td (or) Tj ET Q q 0 0 0 rg BT 310.39 675.75 Td (, ) Tj ET Q q 0 0 0 rg BT 315.62 675.75 Td (among ) Tj ET Q q 0 0 0 rg BT 348.64 675.75 Td (other ) Tj ET Q q 0 0 0 rg BT 373.88 675.75 Td (things, ) Tj ET Q q 0 0 0 rg BT 405.79 675.75 Td (the ) Tj ET Q q 0 0 0 rg BT 422.14 675.75 Td (board ) Tj ET Q q 0 0 0 rg BT 450.16 675.75 Td (of ) Tj ET Q q 0 0 0 rg BT 460.95 675.75 Td (directors ) Tj ET Q q 0 0 0 rg BT 501.74 675.75 Td (has ) Tj ET Q q 0 0 0 rg BT 520.31 675.75 Td (approved ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 663.75 Td (the ) Tj ET Q q 0 0 0 rg BT 66.68 663.75 Td (transaction. ) Tj ET Q q 0 0 0 rg BT 121.15 663.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 140.60 663.75 Td (board ) Tj ET Q q 0 0 0 rg BT 168.96 663.75 Td (of ) Tj ET Q q 0 0 0 rg BT 180.07 663.75 Td (directors ) Tj ET Q q 0 0 0 rg BT 221.20 663.75 Td (could ) Tj ET Q q 0 0 0 rg BT 247.88 663.75 Td (rely ) Tj ET Q q 0 0 0 rg BT 266.77 663.75 Td (on ) Tj ET Q q 0 0 0 rg BT 280.67 663.75 Td (Delaware ) Tj ET Q q 0 0 0 rg BT 325.69 663.75 Td (law ) Tj ET Q q 0 0 0 rg BT 343.48 663.75 Td (to ) Tj ET Q q 0 0 0 rg BT 354.59 663.75 Td (prevent ) Tj ET Q q 0 0 0 rg BT 390.73 663.75 Td (or ) Tj ET Q q 0 0 0 rg BT 402.40 663.75 Td (delay ) Tj ET Q q 0 0 0 rg BT 429.08 663.75 Td (an ) Tj ET Q q 0 0 0 rg BT 442.98 663.75 Td (acquisition ) Tj ET Q q 0 0 0 rg BT 493.01 663.75 Td (of ) Tj ET Q q 0 0 0 rg BT 504.13 663.75 Td (us.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 73.00 645.75 Td (General ) Tj ET Q q 0 0 0 rg BT 113.02 645.75 Td (Risks ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 73.00 627.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 94.27 627.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 143.33 627.75 Td (results ) Tj ET Q q 0 0 0 rg BT 179.62 627.75 Td (may ) Tj ET Q q 0 0 0 rg BT 203.13 627.75 Td (fluctuate, ) Tj ET Q q 0 0 0 rg BT 251.07 627.75 Td (which ) Tj ET Q q 0 0 0 rg BT 282.90 627.75 Td (makes ) Tj ET Q q 0 0 0 rg BT 317.54 627.75 Td (our ) Tj ET Q q 0 0 0 rg BT 337.14 627.75 Td (results ) Tj ET Q q 0 0 0 rg BT 373.43 627.75 Td (dif) Tj ET Q q 0 0 0 rg BT 385.47 627.75 Td (ficult ) Tj ET Q q 0 0 0 rg BT 412.85 627.75 Td (to ) Tj ET Q q 0 0 0 rg BT 425.78 627.75 Td (predict ) Tj ET Q q 0 0 0 rg BT 462.62 627.75 Td (and ) Tj ET Q q 0 0 0 rg BT 483.89 627.75 Td (could ) Tj ET Q q 0 0 0 rg BT 514.05 627.75 Td (cause ) Tj ET Q q 0 0 0 rg BT 545.91 627.75 Td (our ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 615.75 Td (results ) Tj ET Q q 0 0 0 rg BT 85.57 615.75 Td (to ) Tj ET Q q 0 0 0 rg BT 97.79 615.75 Td (fall ) Tj ET Q q 0 0 0 rg BT 115.01 615.75 Td (short ) Tj ET Q q 0 0 0 rg BT 142.79 615.75 Td (of ) Tj ET Q q 0 0 0 rg BT 155.01 615.75 Td (expectations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 597.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 92.61 597.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 137.25 597.75 Td (results ) Tj ET Q q 0 0 0 rg BT 169.65 597.75 Td (may ) Tj ET Q q 0 0 0 rg BT 191.48 597.75 Td (fluctuate ) Tj ET Q q 0 0 0 rg BT 232.22 597.75 Td (as ) Tj ET Q q 0 0 0 rg BT 245.72 597.75 Td (a ) Tj ET Q q 0 0 0 rg BT 254.23 597.75 Td (result ) Tj ET Q q 0 0 0 rg BT 281.62 597.75 Td (of ) Tj ET Q q 0 0 0 rg BT 292.90 597.75 Td (a ) Tj ET Q q 0 0 0 rg BT 301.40 597.75 Td (number ) Tj ET Q q 0 0 0 rg BT 338.25 597.75 Td (of ) Tj ET Q q 0 0 0 rg BT 349.53 597.75 Td (factors, ) Tj ET Q q 0 0 0 rg BT 385.26 597.75 Td (many ) Tj ET Q q 0 0 0 rg BT 412.65 597.75 Td (outside ) Tj ET Q q 0 0 0 rg BT 447.84 597.75 Td (of ) Tj ET Q q 0 0 0 rg BT 459.12 597.75 Td (our ) Tj ET Q q 0 0 0 rg BT 476.52 597.75 Td (control. ) Tj ET Q q 0 0 0 rg BT 511.67 597.75 Td (As ) Tj ET Q q 0 0 0 rg BT 526.28 597.75 Td (a ) Tj ET Q q 0 0 0 rg BT 534.78 597.75 Td (result, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 585.75 Td (comparing ) Tj ET Q q 0 0 0 rg BT 99.78 585.75 Td (our ) Tj ET Q q 0 0 0 rg BT 117.32 585.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 162.11 585.75 Td (results ) Tj ET Q q 0 0 0 rg BT 194.65 585.75 Td (on ) Tj ET Q q 0 0 0 rg BT 208.86 585.75 Td (a ) Tj ET Q q 0 0 0 rg BT 217.51 585.75 Td (period-to-period ) Tj ET Q q 0 0 0 rg BT 291.20 585.75 Td (basis ) Tj ET Q q 0 0 0 rg BT 317.63 585.75 Td (may ) Tj ET Q q 0 0 0 rg BT 339.61 585.75 Td (not ) Tj ET Q q 0 0 0 rg BT 356.60 585.75 Td (be ) Tj ET Q q 0 0 0 rg BT 370.81 585.75 Td (meaningful, ) Tj ET Q q 0 0 0 rg BT 425.60 585.75 Td (and ) Tj ET Q q 0 0 0 rg BT 445.38 585.75 Td (you ) Tj ET Q q 0 0 0 rg BT 464.59 585.75 Td (should ) Tj ET Q q 0 0 0 rg BT 497.14 585.75 Td (not ) Tj ET Q q 0 0 0 rg BT 514.13 585.75 Td (rely ) Tj ET Q q 0 0 0 rg BT 533.34 585.75 Td (on ) Tj ET Q q 0 0 0 rg BT 547.55 585.75 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 573.75 Td (past ) Tj ET Q q 0 0 0 rg BT 73.43 573.75 Td (results ) Tj ET Q q 0 0 0 rg BT 107.41 573.75 Td (as ) Tj ET Q q 0 0 0 rg BT 122.51 573.75 Td (an ) Tj ET Q q 0 0 0 rg BT 138.16 573.75 Td (indication ) Tj ET Q q 0 0 0 rg BT 184.94 573.75 Td (of ) Tj ET Q q 0 0 0 rg BT 197.81 573.75 Td (our ) Tj ET Q q 0 0 0 rg BT 216.79 573.75 Td (future ) Tj ET Q q 0 0 0 rg BT 246.89 573.75 Td (performance. ) Tj ET Q q 0 0 0 rg BT 310.34 573.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 331.54 573.75 Td (quarterly) Tj ET Q q 0 0 0 rg BT 369.70 573.75 Td (, ) Tj ET Q q 0 0 0 rg BT 377.01 573.75 Td (year-to-date, ) Tj ET Q q 0 0 0 rg BT 438.23 573.75 Td (and ) Tj ET Q q 0 0 0 rg BT 459.45 573.75 Td (annual ) Tj ET Q q 0 0 0 rg BT 494.01 573.75 Td (expenses ) Tj ET Q q 0 0 0 rg BT 541.35 573.75 Td (as ) Tj ET Q q 0 0 0 rg BT 556.44 573.75 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 561.75 Td (percentage ) Tj ET Q q 0 0 0 rg BT 103.08 561.75 Td (of ) Tj ET Q q 0 0 0 rg BT 114.46 561.75 Td (our ) Tj ET Q q 0 0 0 rg BT 131.95 561.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 176.12 561.75 Td (may ) Tj ET Q q 0 0 0 rg BT 198.05 561.75 Td (dif) Tj ET Q q 0 0 0 rg BT 208.44 561.75 Td (fer ) Tj ET Q q 0 0 0 rg BT 223.14 561.75 Td (significantly ) Tj ET Q q 0 0 0 rg BT 277.87 561.75 Td (from ) Tj ET Q q 0 0 0 rg BT 300.91 561.75 Td (our ) Tj ET Q q 0 0 0 rg BT 318.40 561.75 Td (historical ) Tj ET Q q 0 0 0 rg BT 360.90 561.75 Td (rates. ) Tj ET Q q 0 0 0 rg BT 388.95 561.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 408.66 561.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 453.39 561.75 Td (results ) Tj ET Q q 0 0 0 rg BT 485.88 561.75 Td (in ) Tj ET Q q 0 0 0 rg BT 496.71 561.75 Td (future ) Tj ET Q q 0 0 0 rg BT 525.32 561.75 Td (quarters ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 549.75 Td (may ) Tj ET Q q 0 0 0 rg BT 71.78 549.75 Td (fall ) Tj ET Q q 0 0 0 rg BT 87.45 549.75 Td (below ) Tj ET Q q 0 0 0 rg BT 116.47 549.75 Td (expectations. ) Tj ET Q q 0 0 0 rg BT 177.71 549.75 Td (Any ) Tj ET Q q 0 0 0 rg BT 197.83 549.75 Td (of ) Tj ET Q q 0 0 0 rg BT 209.06 549.75 Td (these ) Tj ET Q q 0 0 0 rg BT 236.42 549.75 Td (events ) Tj ET Q q 0 0 0 rg BT 268.77 549.75 Td (could ) Tj ET Q q 0 0 0 rg BT 295.56 549.75 Td (cause ) Tj ET Q q 0 0 0 rg BT 325.14 549.75 Td (our ) Tj ET Q q 0 0 0 rg BT 342.48 549.75 Td (stock ) Tj ET Q q 0 0 0 rg BT 368.71 549.75 Td (price ) Tj ET Q q 0 0 0 rg BT 393.28 549.75 Td (to ) Tj ET Q q 0 0 0 rg BT 404.51 549.75 Td (fall. ) Tj ET Q q 0 0 0 rg BT 422.96 549.75 Td (Each ) Tj ET Q q 0 0 0 rg BT 448.64 549.75 Td (of ) Tj ET Q q 0 0 0 rg BT 459.87 549.75 Td (the ) Tj ET Q q 0 0 0 rg BT 476.66 549.75 Td (risk ) Tj ET Q q 0 0 0 rg BT 495.10 549.75 Td (factors ) Tj ET Q q 0 0 0 rg BT 528.00 549.75 Td (listed ) Tj ET Q q 0 0 0 rg BT 554.23 549.75 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 537.75 Td (this ) Tj ET Q q 0 0 0 rg BT 68.34 537.75 Td (section ) Tj ET Q q 0 0 0 rg BT 102.80 537.75 Td (in ) Tj ET Q q 0 0 0 rg BT 113.36 537.75 Td (addition ) Tj ET Q q 0 0 0 rg BT 151.17 537.75 Td (to ) Tj ET Q q 0 0 0 rg BT 162.29 537.75 Td (the ) Tj ET Q q 0 0 0 rg BT 178.97 537.75 Td (following ) Tj ET Q q 0 0 0 rg BT 220.66 537.75 Td (factors ) Tj ET Q q 0 0 0 rg BT 253.45 537.75 Td (may ) Tj ET Q q 0 0 0 rg BT 275.12 537.75 Td (af) Tj ET Q q 0 0 0 rg BT 283.28 537.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 302.17 537.75 Td (our ) Tj ET Q q 0 0 0 rg BT 319.40 537.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 363.88 537.75 Td (results:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 519.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 519.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 105.45 519.75 Td (ability ) Tj ET Q q 0 0 0 rg BT 133.79 519.75 Td (to ) Tj ET Q q 0 0 0 rg BT 144.91 519.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 185.50 519.75 Td (to ) Tj ET Q q 0 0 0 rg BT 196.62 519.75 Td (attract ) Tj ET Q q 0 0 0 rg BT 227.18 519.75 Td (and ) Tj ET Q q 0 0 0 rg BT 246.64 519.75 Td (retain ) Tj ET Q q 0 0 0 rg BT 274.44 519.75 Td (users ) Tj ET Q q 0 0 0 rg BT 301.67 519.75 Td (and ) Tj ET Q q 0 0 0 rg BT 321.13 519.75 Td (customers ) Tj ET Q q 0 0 0 rg BT 370.03 519.75 Td (to ) Tj ET Q q 0 0 0 rg BT 381.15 519.75 Td (our ) Tj ET Q q 0 0 0 rg BT 398.38 519.75 Td (products ) Tj ET Q q 0 0 0 rg BT 439.52 519.75 Td (and ) Tj ET Q q 0 0 0 rg BT 458.98 519.75 Td (services.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 501.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 501.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 105.02 501.75 Td (ability ) Tj ET Q q 0 0 0 rg BT 132.93 501.75 Td (to ) Tj ET Q q 0 0 0 rg BT 143.62 501.75 Td (attract ) Tj ET Q q 0 0 0 rg BT 173.75 501.75 Td (user ) Tj ET Q q 0 0 0 rg BT 195.55 501.75 Td (and/or ) Tj ET Q q 0 0 0 rg BT 226.25 501.75 Td (customer ) Tj ET Q q 0 0 0 rg BT 269.72 501.75 Td (adoption ) Tj ET Q q 0 0 0 rg BT 310.44 501.75 Td (of, ) Tj ET Q q 0 0 0 rg BT 323.90 501.75 Td (and ) Tj ET Q q 0 0 0 rg BT 342.93 501.75 Td (generate ) Tj ET Q q 0 0 0 rg BT 384.76 501.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 431.57 501.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 475.06 501.75 Td (from, ) Tj ET Q q 0 0 0 rg BT 500.18 501.75 Td (new ) Tj ET Q q 0 0 0 rg BT 520.87 501.75 Td (products, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 489.75 Td (services, ) Tj ET Q q 0 0 0 rg BT 128.23 489.75 Td (and ) Tj ET Q q 0 0 0 rg BT 147.69 489.75 Td (technologies ) Tj ET Q q 0 0 0 rg BT 206.63 489.75 Td (in ) Tj ET Q q 0 0 0 rg BT 217.19 489.75 Td (which ) Tj ET Q q 0 0 0 rg BT 245.53 489.75 Td (we ) Tj ET Q q 0 0 0 rg BT 261.09 489.75 Td (have ) Tj ET Q q 0 0 0 rg BT 285.56 489.75 Td (invested ) Tj ET Q q 0 0 0 rg BT 325.58 489.75 Td (considerable ) Tj ET Q q 0 0 0 rg BT 385.06 489.75 Td (time ) Tj ET Q q 0 0 0 rg BT 406.73 489.75 Td (and ) Tj ET Q q 0 0 0 rg BT 426.20 489.75 Td (resources.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 471.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 471.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 106.61 471.75 Td (ability ) Tj ET Q q 0 0 0 rg BT 136.12 471.75 Td (to ) Tj ET Q q 0 0 0 rg BT 148.40 471.75 Td (monetize ) Tj ET Q q 0 0 0 rg BT 192.92 471.75 Td (traf) Tj ET Q q 0 0 0 rg BT 207.19 471.75 Td (fic ) Tj ET Q q 0 0 0 rg BT 221.13 471.75 Td (on ) Tj ET Q q 0 0 0 rg BT 236.20 471.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 272.39 471.75 Td (properties ) Tj ET Q q 0 0 0 rg BT 320.80 471.75 Td (and ) Tj ET Q q 0 0 0 rg BT 341.42 471.75 Td (our ) Tj ET Q q 0 0 0 rg BT 359.82 471.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 396.01 471.75 Td (Network ) Tj ET Q q 0 0 0 rg BT 436.62 471.75 Td (Members' ) Tj ET Q q 0 0 0 rg BT 484.15 471.75 Td (properties ) Tj ET Q q 0 0 0 rg BT 532.56 471.75 Td (across ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 459.75 Td (various ) Tj ET Q q 0 0 0 rg BT 121.01 459.75 Td (devices.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 441.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 441.75 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 128.18 441.75 Td (fluctuations ) Tj ET Q q 0 0 0 rg BT 180.92 441.75 Td (caused ) Tj ET Q q 0 0 0 rg BT 215.32 441.75 Td (by ) Tj ET Q q 0 0 0 rg BT 228.04 441.75 Td (changes ) Tj ET Q q 0 0 0 rg BT 268.00 441.75 Td (in ) Tj ET Q q 0 0 0 rg BT 277.94 441.75 Td (device ) Tj ET Q q 0 0 0 rg BT 309.00 441.75 Td (mix, ) Tj ET Q q 0 0 0 rg BT 329.48 441.75 Td (geographic ) Tj ET Q q 0 0 0 rg BT 381.12 441.75 Td (mix, ) Tj ET Q q 0 0 0 rg BT 401.61 441.75 Td (ongoing ) Tj ET Q q 0 0 0 rg BT 439.35 441.75 Td (product ) Tj ET Q q 0 0 0 rg BT 474.86 441.75 Td (and ) Tj ET Q q 0 0 0 rg BT 493.70 441.75 Td (policy ) Tj ET Q q 0 0 0 rg BT 521.42 441.75 Td (changes, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 429.75 Td (product ) Tj ET Q q 0 0 0 rg BT 122.13 429.75 Td (mix, ) Tj ET Q q 0 0 0 rg BT 143.24 429.75 Td (and ) Tj ET Q q 0 0 0 rg BT 162.70 429.75 Td (property ) Tj ET Q q 0 0 0 rg BT 202.17 429.75 Td (mix.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 411.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 411.75 Td (The ) Tj ET Q q 0 0 0 rg BT 105.71 411.75 Td (amount ) Tj ET Q q 0 0 0 rg BT 141.54 411.75 Td (of ) Tj ET Q q 0 0 0 rg BT 152.35 411.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 195.97 411.75 Td (and ) Tj ET Q q 0 0 0 rg BT 215.13 411.75 Td (expenses ) Tj ET Q q 0 0 0 rg BT 260.41 411.75 Td (generated ) Tj ET Q q 0 0 0 rg BT 307.92 411.75 Td (and ) Tj ET Q q 0 0 0 rg BT 327.08 411.75 Td (incurred ) Tj ET Q q 0 0 0 rg BT 365.69 411.75 Td (in ) Tj ET Q q 0 0 0 rg BT 375.95 411.75 Td (currencies ) Tj ET Q q 0 0 0 rg BT 424.55 411.75 Td (other ) Tj ET Q q 0 0 0 rg BT 449.82 411.75 Td (than ) Tj ET Q q 0 0 0 rg BT 471.76 411.75 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 493.68 411.75 Td (dollars, ) Tj ET Q q 0 0 0 rg BT 528.39 411.75 Td (and ) Tj ET Q q 0 0 0 rg BT 547.55 411.75 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 399.75 Td (ability ) Tj ET Q q 0 0 0 rg BT 114.34 399.75 Td (to ) Tj ET Q q 0 0 0 rg BT 125.46 399.75 Td (manage ) Tj ET Q q 0 0 0 rg BT 164.38 399.75 Td (the ) Tj ET Q q 0 0 0 rg BT 181.06 399.75 Td (resulting ) Tj ET Q q 0 0 0 rg BT 221.63 399.75 Td (risk ) Tj ET Q q 0 0 0 rg BT 239.96 399.75 Td (through ) Tj ET Q q 0 0 0 rg BT 276.66 399.75 Td (our ) Tj ET Q q 0 0 0 rg BT 293.89 399.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 327.25 399.75 Td (exchange ) Tj ET Q q 0 0 0 rg BT 373.39 399.75 Td (risk ) Tj ET Q q 0 0 0 rg BT 391.72 399.75 Td (management ) Tj ET Q q 0 0 0 rg BT 452.87 399.75 Td (program.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 381.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 381.75 Td (The ) Tj ET Q q 0 0 0 rg BT 105.65 381.75 Td (amount ) Tj ET Q q 0 0 0 rg BT 141.42 381.75 Td (and ) Tj ET Q q 0 0 0 rg BT 160.52 381.75 Td (timing ) Tj ET Q q 0 0 0 rg BT 189.62 381.75 Td (of ) Tj ET Q q 0 0 0 rg BT 200.37 381.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 244.49 381.75 Td (costs ) Tj ET Q q 0 0 0 rg BT 270.25 381.75 Td (and ) Tj ET Q q 0 0 0 rg BT 289.35 381.75 Td (expenses ) Tj ET Q q 0 0 0 rg BT 334.57 381.75 Td (and ) Tj ET Q q 0 0 0 rg BT 353.68 381.75 Td (capital ) Tj ET Q q 0 0 0 rg BT 385.00 381.75 Td (expenditures ) Tj ET Q q 0 0 0 rg BT 444.68 381.75 Td (related ) Tj ET Q q 0 0 0 rg BT 477.67 381.75 Td (to ) Tj ET Q q 0 0 0 rg BT 488.43 381.75 Td (the ) Tj ET Q q 0 0 0 rg BT 504.75 381.75 Td (maintenance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 369.75 Td (and ) Tj ET Q q 0 0 0 rg BT 105.46 369.75 Td (expansion ) Tj ET Q q 0 0 0 rg BT 153.83 369.75 Td (of ) Tj ET Q q 0 0 0 rg BT 164.95 369.75 Td (our ) Tj ET Q q 0 0 0 rg BT 182.18 369.75 Td (businesses, ) Tj ET Q q 0 0 0 rg BT 237.77 369.75 Td (operations, ) Tj ET Q q 0 0 0 rg BT 290.02 369.75 Td (and ) Tj ET Q q 0 0 0 rg BT 309.49 369.75 Td (infrastructure.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 351.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 351.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 105.45 351.75 Td (focus ) Tj ET Q q 0 0 0 rg BT 132.13 351.75 Td (on ) Tj ET Q q 0 0 0 rg BT 146.03 351.75 Td (long-term ) Tj ET Q q 0 0 0 rg BT 191.04 351.75 Td (goals ) Tj ET Q q 0 0 0 rg BT 217.73 351.75 Td (over ) Tj ET Q q 0 0 0 rg BT 239.96 351.75 Td (short-term ) Tj ET Q q 0 0 0 rg BT 288.30 351.75 Td (results.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 333.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 333.75 Td (The ) Tj ET Q q 0 0 0 rg BT 105.87 333.75 Td (results ) Tj ET Q q 0 0 0 rg BT 137.96 333.75 Td (of ) Tj ET Q q 0 0 0 rg BT 148.93 333.75 Td (our ) Tj ET Q q 0 0 0 rg BT 166.02 333.75 Td (acquisitions, ) Tj ET Q q 0 0 0 rg BT 223.69 333.75 Td (divestitures, ) Tj ET Q q 0 0 0 rg BT 279.68 333.75 Td (and ) Tj ET Q q 0 0 0 rg BT 299.00 333.75 Td (our ) Tj ET Q q 0 0 0 rg BT 316.08 333.75 Td (investments ) Tj ET Q q 0 0 0 rg BT 372.08 333.75 Td (in ) Tj ET Q q 0 0 0 rg BT 382.49 333.75 Td (risky ) Tj ET Q q 0 0 0 rg BT 405.68 333.75 Td (projects, ) Tj ET Q q 0 0 0 rg BT 446.11 333.75 Td (including ) Tj ET Q q 0 0 0 rg BT 488.22 333.75 Td (new ) Tj ET Q q 0 0 0 rg BT 509.20 333.75 Td (businesses, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 321.75 Td (products, ) Tj ET Q q 0 0 0 rg BT 129.91 321.75 Td (services, ) Tj ET Q q 0 0 0 rg BT 172.14 321.75 Td (and ) Tj ET Q q 0 0 0 rg BT 191.61 321.75 Td (technologies.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 303.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 303.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 104.45 303.75 Td (ability ) Tj ET Q q 0 0 0 rg BT 131.80 303.75 Td (to ) Tj ET Q q 0 0 0 rg BT 141.92 303.75 Td (keep ) Tj ET Q q 0 0 0 rg BT 165.39 303.75 Td (our ) Tj ET Q q 0 0 0 rg BT 181.63 303.75 Td (products ) Tj ET Q q 0 0 0 rg BT 221.76 303.75 Td (and ) Tj ET Q q 0 0 0 rg BT 240.23 303.75 Td (services ) Tj ET Q q 0 0 0 rg BT 278.69 303.75 Td (operational ) Tj ET Q q 0 0 0 rg BT 329.95 303.75 Td (at ) Tj ET Q q 0 0 0 rg BT 340.08 303.75 Td (a ) Tj ET Q q 0 0 0 rg BT 347.42 303.75 Td (reasonable ) Tj ET Q q 0 0 0 rg BT 398.69 303.75 Td (cost ) Tj ET Q q 0 0 0 rg BT 418.81 303.75 Td (and ) Tj ET Q q 0 0 0 rg BT 437.28 303.75 Td (without ) Tj ET Q q 0 0 0 rg BT 470.74 303.75 Td (service ) Tj ET Q q 0 0 0 rg BT 504.20 303.75 Td (interruptions.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 285.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 285.75 Td (The ) Tj ET Q q 0 0 0 rg BT 106.58 285.75 Td (seasonal ) Tj ET Q q 0 0 0 rg BT 149.95 285.75 Td (fluctuations ) Tj ET Q q 0 0 0 rg BT 203.88 285.75 Td (in ) Tj ET Q q 0 0 0 rg BT 215.01 285.75 Td (internet ) Tj ET Q q 0 0 0 rg BT 251.71 285.75 Td (usage, ) Tj ET Q q 0 0 0 rg BT 285.08 285.75 Td (advertising ) Tj ET Q q 0 0 0 rg BT 336.78 285.75 Td (spending, ) Tj ET Q q 0 0 0 rg BT 383.50 285.75 Td (and ) Tj ET Q q 0 0 0 rg BT 403.53 285.75 Td (underlying ) Tj ET Q q 0 0 0 rg BT 453.02 285.75 Td (business ) Tj ET Q q 0 0 0 rg BT 495.83 285.75 Td (trends ) Tj ET Q q 0 0 0 rg BT 526.97 285.75 Td (such ) Tj ET Q q 0 0 0 rg BT 551.44 285.75 Td (as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 273.75 Td (traditional ) Tj ET Q q 0 0 0 rg BT 130.81 273.75 Td (retail ) Tj ET Q q 0 0 0 rg BT 153.93 273.75 Td (seasonality) Tj ET Q q 0 0 0 rg BT 203.22 273.75 Td (. ) Tj ET Q q 0 0 0 rg BT 207.44 273.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 225.56 273.75 Td (rapid ) Tj ET Q q 0 0 0 rg BT 249.24 273.75 Td (growth ) Tj ET Q q 0 0 0 rg BT 280.70 273.75 Td (has ) Tj ET Q q 0 0 0 rg BT 298.27 273.75 Td (tended ) Tj ET Q q 0 0 0 rg BT 330.31 273.75 Td (to ) Tj ET Q q 0 0 0 rg BT 340.09 273.75 Td (mask ) Tj ET Q q 0 0 0 rg BT 365.43 273.75 Td (the ) Tj ET Q q 0 0 0 rg BT 380.78 273.75 Td (cyclicality ) Tj ET Q q 0 0 0 rg BT 424.46 273.75 Td (and ) Tj ET Q q 0 0 0 rg BT 442.59 273.75 Td (seasonality ) Tj ET Q q 0 0 0 rg BT 494.06 273.75 Td (of ) Tj ET Q q 0 0 0 rg BT 503.85 273.75 Td (our ) Tj ET Q q 0 0 0 rg BT 519.75 273.75 Td (business. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 261.75 Td (As ) Tj ET Q q 0 0 0 rg BT 100.22 261.75 Td (our ) Tj ET Q q 0 0 0 rg BT 117.22 261.75 Td (growth ) Tj ET Q q 0 0 0 rg BT 149.78 261.75 Td (rate ) Tj ET Q q 0 0 0 rg BT 169.56 261.75 Td (has ) Tj ET Q q 0 0 0 rg BT 188.23 261.75 Td (slowed, ) Tj ET Q q 0 0 0 rg BT 224.69 261.75 Td (the ) Tj ET Q q 0 0 0 rg BT 241.13 261.75 Td (cyclicality ) Tj ET Q q 0 0 0 rg BT 285.91 261.75 Td (and ) Tj ET Q q 0 0 0 rg BT 305.14 261.75 Td (seasonality ) Tj ET Q q 0 0 0 rg BT 357.72 261.75 Td (in ) Tj ET Q q 0 0 0 rg BT 368.05 261.75 Td (our ) Tj ET Q q 0 0 0 rg BT 385.05 261.75 Td (business ) Tj ET Q q 0 0 0 rg BT 427.07 261.75 Td (has ) Tj ET Q q 0 0 0 rg BT 445.74 261.75 Td (become ) Tj ET Q q 0 0 0 rg BT 483.86 261.75 Td (more ) Tj ET Q q 0 0 0 rg BT 509.19 261.75 Td (pronounced ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 249.75 Td (and ) Tj ET Q q 0 0 0 rg BT 105.46 249.75 Td (caused ) Tj ET Q q 0 0 0 rg BT 140.49 249.75 Td (our ) Tj ET Q q 0 0 0 rg BT 157.72 249.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 202.20 249.75 Td (results ) Tj ET Q q 0 0 0 rg BT 234.43 249.75 Td (to ) Tj ET Q q 0 0 0 rg BT 245.55 249.75 Td (fluctuate.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 231.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 231.75 Td (Geopolitical ) Tj ET Q q 0 0 0 rg BT 141.03 231.75 Td (events, ) Tj ET Q q 0 0 0 rg BT 176.05 231.75 Td (including ) Tj ET Q q 0 0 0 rg BT 218.30 231.75 Td (trade ) Tj ET Q q 0 0 0 rg BT 243.87 231.75 Td (disputes.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 213.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 213.75 Td (Changes ) Tj ET Q q 0 0 0 rg BT 128.81 213.75 Td (in ) Tj ET Q q 0 0 0 rg BT 139.37 213.75 Td (global ) Tj ET Q q 0 0 0 rg BT 168.84 213.75 Td (business ) Tj ET Q q 0 0 0 rg BT 211.08 213.75 Td (or ) Tj ET Q q 0 0 0 rg BT 222.75 213.75 Td (macroeconomic ) Tj ET Q q 0 0 0 rg BT 296.11 213.75 Td (conditions.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 195.75 Td (Because our businesses are changing and evolving, our historical operating results may not be useful to you ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 183.75 Td (in predicting our future operating results.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 73.00 165.75 Td (Acquisitions, ) Tj ET Q q 0 0 0 rg BT 138.13 165.75 Td (joint ) Tj ET Q q 0 0 0 rg BT 161.58 165.75 Td (ventures, ) Tj ET Q q 0 0 0 rg BT 208.38 165.75 Td (investments, ) Tj ET Q q 0 0 0 rg BT 271.86 165.75 Td (and ) Tj ET Q q 0 0 0 rg BT 291.98 165.75 Td (divestitures ) Tj ET Q q 0 0 0 rg BT 350.46 165.75 Td (could ) Tj ET Q q 0 0 0 rg BT 379.47 165.75 Td (result ) Tj ET Q q 0 0 0 rg BT 409.04 165.75 Td (in ) Tj ET Q q 0 0 0 rg BT 420.27 165.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 468.18 165.75 Td (dif) Tj ET Q q 0 0 0 rg BT 480.21 165.75 Td (ficulties, ) Tj ET Q q 0 0 0 rg BT 523.12 165.75 Td (dilution, ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 153.75 Td (and ) Tj ET Q q 0 0 0 rg BT 70.56 153.75 Td (other ) Tj ET Q q 0 0 0 rg BT 98.33 153.75 Td (consequences ) Tj ET Q q 0 0 0 rg BT 170.59 153.75 Td (that ) Tj ET Q q 0 0 0 rg BT 191.69 153.75 Td (may ) Tj ET Q q 0 0 0 rg BT 214.49 153.75 Td (harm ) Tj ET Q q 0 0 0 rg BT 241.72 153.75 Td (our ) Tj ET Q q 0 0 0 rg BT 260.61 153.75 Td (business, ) Tj ET Q q 0 0 0 rg BT 309.51 153.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 352.86 153.75 Td (condition, ) Tj ET Q q 0 0 0 rg BT 403.40 153.75 Td (and ) Tj ET Q q 0 0 0 rg BT 423.96 153.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 472.29 153.75 Td (results. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 135.75 Td (Acquisitions, ) Tj ET Q q 0 0 0 rg BT 131.14 135.75 Td (joint ) Tj ET Q q 0 0 0 rg BT 151.48 135.75 Td (ventures, ) Tj ET Q q 0 0 0 rg BT 194.61 135.75 Td (investments ) Tj ET Q q 0 0 0 rg BT 249.97 135.75 Td (and ) Tj ET Q q 0 0 0 rg BT 268.65 135.75 Td (divestitures ) Tj ET Q q 0 0 0 rg BT 321.23 135.75 Td (are ) Tj ET Q q 0 0 0 rg BT 337.68 135.75 Td (important ) Tj ET Q q 0 0 0 rg BT 381.36 135.75 Td (elements ) Tj ET Q q 0 0 0 rg BT 423.94 135.75 Td (of ) Tj ET Q q 0 0 0 rg BT 434.28 135.75 Td (our ) Tj ET Q q 0 0 0 rg BT 450.73 135.75 Td (overall ) Tj ET Q q 0 0 0 rg BT 482.19 135.75 Td (corporate ) Tj ET Q q 0 0 0 rg BT 526.44 135.75 Td (strategy ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 123.75 Td (and ) Tj ET Q q 0 0 0 rg BT 68.86 123.75 Td (use ) Tj ET Q q 0 0 0 rg BT 87.15 123.75 Td (of ) Tj ET Q q 0 0 0 rg BT 97.66 123.75 Td (capital, ) Tj ET Q q 0 0 0 rg BT 131.52 123.75 Td (and ) Tj ET Q q 0 0 0 rg BT 150.38 123.75 Td (these ) Tj ET Q q 0 0 0 rg BT 177.01 123.75 Td (transactions ) Tj ET Q q 0 0 0 rg BT 233.10 123.75 Td (could ) Tj ET Q q 0 0 0 rg BT 259.18 123.75 Td (be ) Tj ET Q q 0 0 0 rg BT 272.47 123.75 Td (material ) Tj ET Q q 0 0 0 rg BT 310.21 123.75 Td (to ) Tj ET Q q 0 0 0 rg BT 320.72 123.75 Td (our ) Tj ET Q q 0 0 0 rg BT 337.35 123.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 376.21 123.75 Td (condition ) Tj ET Q q 0 0 0 rg BT 418.41 123.75 Td (and ) Tj ET Q q 0 0 0 rg BT 437.27 123.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 481.14 123.75 Td (results. ) Tj ET Q q 0 0 0 rg BT 515.54 123.75 Td (W) Tj ET Q q 0 0 0 rg BT 524.80 123.75 Td (e ) Tj ET Q q 0 0 0 rg BT 532.53 123.75 Td (expect ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 111.75 Td (to ) Tj ET Q q 0 0 0 rg BT 61.78 111.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 103.03 111.75 Td (to ) Tj ET Q q 0 0 0 rg BT 114.81 111.75 Td (evaluate ) Tj ET Q q 0 0 0 rg BT 156.06 111.75 Td (and ) Tj ET Q q 0 0 0 rg BT 176.19 111.75 Td (enter ) Tj ET Q q 0 0 0 rg BT 202.42 111.75 Td (into ) Tj ET Q q 0 0 0 rg BT 221.99 111.75 Td (discussions ) Tj ET Q q 0 0 0 rg BT 277.12 111.75 Td (regarding ) Tj ET Q q 0 0 0 rg BT 322.81 111.75 Td (a ) Tj ET Q q 0 0 0 rg BT 331.82 111.75 Td (wide ) Tj ET Q q 0 0 0 rg BT 355.82 111.75 Td (array ) Tj ET Q q 0 0 0 rg BT 382.05 111.75 Td (of ) Tj ET Q q 0 0 0 rg BT 393.83 111.75 Td (potential ) Tj ET Q q 0 0 0 rg BT 435.08 111.75 Td (strategic ) Tj ET Q q 0 0 0 rg BT 476.32 111.75 Td (transactions, ) Tj ET Q q 0 0 0 rg BT 536.45 111.75 Td (which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 99.75 Td (could ) Tj ET Q q 0 0 0 rg BT 76.68 99.75 Td (create ) Tj ET Q q 0 0 0 rg BT 107.26 99.75 Td (unforeseen ) Tj ET Q q 0 0 0 rg BT 160.07 99.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 204.55 99.75 Td (dif) Tj ET Q q 0 0 0 rg BT 214.93 99.75 Td (ficulties ) Tj ET Q q 0 0 0 rg BT 251.05 99.75 Td (and ) Tj ET Q q 0 0 0 rg BT 270.52 99.75 Td (expenditures. ) Tj ET Q q 0 0 0 rg BT 333.33 99.75 Td (Some ) Tj ET Q q 0 0 0 rg BT 362.24 99.75 Td (of ) Tj ET Q q 0 0 0 rg BT 373.35 99.75 Td (the ) Tj ET Q q 0 0 0 rg BT 390.03 99.75 Td (areas ) Tj ET Q q 0 0 0 rg BT 417.83 99.75 Td (where ) Tj ET Q q 0 0 0 rg BT 447.84 99.75 Td (we ) Tj ET Q q 0 0 0 rg BT 463.40 99.75 Td (face ) Tj ET Q q 0 0 0 rg BT 485.08 99.75 Td (risks ) Tj ET Q q 0 0 0 rg BT 508.41 99.75 Td (include:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 81.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 81.75 Td (Diversion ) Tj ET Q q 0 0 0 rg BT 130.91 81.75 Td (of ) Tj ET Q q 0 0 0 rg BT 142.48 81.75 Td (management ) Tj ET Q q 0 0 0 rg BT 204.07 81.75 Td (time ) Tj ET Q q 0 0 0 rg BT 226.19 81.75 Td (and ) Tj ET Q q 0 0 0 rg BT 246.11 81.75 Td (focus ) Tj ET Q q 0 0 0 rg BT 273.24 81.75 Td (from ) Tj ET Q q 0 0 0 rg BT 296.47 81.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 341.39 81.75 Td (our ) Tj ET Q q 0 0 0 rg BT 359.08 81.75 Td (business ) Tj ET Q q 0 0 0 rg BT 401.77 81.75 Td (to ) Tj ET Q q 0 0 0 rg BT 413.34 81.75 Td (challenges ) Tj ET Q q 0 0 0 rg BT 464.38 81.75 Td (related ) Tj ET Q q 0 0 0 rg BT 498.19 81.75 Td (to ) Tj ET Q q 0 0 0 rg BT 509.75 81.75 Td (acquisitions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 69.75 Td (and ) Tj ET Q q 0 0 0 rg BT 105.46 69.75 Td (other ) Tj ET Q q 0 0 0 rg BT 131.03 69.75 Td (strategic ) Tj ET Q q 0 0 0 rg BT 171.61 69.75 Td (transactions.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 51.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 51.75 Td (Failure ) Tj ET Q q 0 0 0 rg BT 119.34 51.75 Td (to ) Tj ET Q q 0 0 0 rg BT 130.46 51.75 Td (successfully ) Tj ET Q q 0 0 0 rg BT 187.15 51.75 Td (integrate ) Tj ET Q q 0 0 0 rg BT 228.84 51.75 Td (and ) Tj ET Q q 0 0 0 rg BT 248.30 51.75 Td (further ) Tj ET Q q 0 0 0 rg BT 279.98 51.75 Td (develop ) Tj ET Q q 0 0 0 rg BT 317.79 51.75 Td (the ) Tj ET Q q 0 0 0 rg BT 334.47 51.75 Td (acquired ) Tj ET Q q 0 0 0 rg BT 375.61 51.75 Td (business ) Tj ET Q q 0 0 0 rg BT 417.86 51.75 Td (or ) Tj ET Q q 0 0 0 rg BT 429.53 51.75 Td (technology) Tj ET Q q 0 0 0 rg BT 477.15 51.75 Td (.) Tj ET Q endstream endobj 43 0 obj <>] /Rotate 0 /Contents 44 0 R>> endobj 44 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 53 767.11455078125 m 123.04443359375 767.11455078125 l s q 0 0 1 rg BT 53.00 768.40 Td (T) Tj ET Q q 0 0 1 rg BT 57.50 768.40 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.396078431372549 0.396078431372549 0.396078431372549 rg BT 500.45 768.40 Td (Alphabet Inc.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.40 31.25 Td (20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 741.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 741.75 Td (Implementation ) Tj ET Q q 0 0 0 rg BT 157.15 741.75 Td (or ) Tj ET Q q 0 0 0 rg BT 168.82 741.75 Td (remediation ) Tj ET Q q 0 0 0 rg BT 223.85 741.75 Td (of ) Tj ET Q q 0 0 0 rg BT 234.96 741.75 Td (controls, ) Tj ET Q q 0 0 0 rg BT 275.54 741.75 Td (procedures, ) Tj ET Q q 0 0 0 rg BT 331.12 741.75 Td (and ) Tj ET Q q 0 0 0 rg BT 350.58 741.75 Td (policies ) Tj ET Q q 0 0 0 rg BT 386.71 741.75 Td (at ) Tj ET Q q 0 0 0 rg BT 397.83 741.75 Td (the ) Tj ET Q q 0 0 0 rg BT 414.51 741.75 Td (acquired ) Tj ET Q q 0 0 0 rg BT 455.65 741.75 Td (company) Tj ET Q q 0 0 0 rg BT 495.48 741.75 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 723.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 723.75 Td (Integration ) Tj ET Q q 0 0 0 rg BT 136.57 723.75 Td (of ) Tj ET Q q 0 0 0 rg BT 148.23 723.75 Td (the ) Tj ET Q q 0 0 0 rg BT 165.45 723.75 Td (acquired ) Tj ET Q q 0 0 0 rg BT 207.13 723.75 Td (company? Tj ET Q q 0 0 0 rg BT 249.75 723.75 Td (s ) Tj ET Q q 0 0 0 rg BT 258.07 723.75 Td (accounting, ) Tj ET Q q 0 0 0 rg BT 312.53 723.75 Td (human ) Tj ET Q q 0 0 0 rg BT 346.43 723.75 Td (resource, ) Tj ET Q q 0 0 0 rg BT 391.43 723.75 Td (and ) Tj ET Q q 0 0 0 rg BT 411.43 723.75 Td (other ) Tj ET Q q 0 0 0 rg BT 437.54 723.75 Td (administrative ) Tj ET Q q 0 0 0 rg BT 502.55 723.75 Td (systems, ) Tj ET Q q 0 0 0 rg BT 545.32 723.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 711.75 Td (coordination ) Tj ET Q q 0 0 0 rg BT 143.26 711.75 Td (of ) Tj ET Q q 0 0 0 rg BT 154.38 711.75 Td (product, ) Tj ET Q q 0 0 0 rg BT 193.29 711.75 Td (engineering, ) Tj ET Q q 0 0 0 rg BT 251.11 711.75 Td (and ) Tj ET Q q 0 0 0 rg BT 270.58 711.75 Td (sales ) Tj ET Q q 0 0 0 rg BT 296.70 711.75 Td (and ) Tj ET Q q 0 0 0 rg BT 316.16 711.75 Td (marketing ) Tj ET Q q 0 0 0 rg BT 362.85 711.75 Td (functions.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 693.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 693.75 Td (T) Tj ET Q q 0 0 0 rg BT 91.74 693.75 Td (ransition ) Tj ET Q q 0 0 0 rg BT 132.31 693.75 Td (of ) Tj ET Q q 0 0 0 rg BT 143.43 693.75 Td (operations, ) Tj ET Q q 0 0 0 rg BT 195.69 693.75 Td (users, ) Tj ET Q q 0 0 0 rg BT 225.70 693.75 Td (and ) Tj ET Q q 0 0 0 rg BT 245.16 693.75 Td (customers ) Tj ET Q q 0 0 0 rg BT 294.06 693.75 Td (onto ) Tj ET Q q 0 0 0 rg BT 316.30 693.75 Td (our ) Tj ET Q q 0 0 0 rg BT 333.53 693.75 Td (existing ) Tj ET Q q 0 0 0 rg BT 370.22 693.75 Td (platforms.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 675.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 675.75 Td (Failure ) Tj ET Q q 0 0 0 rg BT 119.77 675.75 Td (to ) Tj ET Q q 0 0 0 rg BT 131.32 675.75 Td (obtain ) Tj ET Q q 0 0 0 rg BT 161.78 675.75 Td (required ) Tj ET Q q 0 0 0 rg BT 201.68 675.75 Td (approvals ) Tj ET Q q 0 0 0 rg BT 248.24 675.75 Td (on ) Tj ET Q q 0 0 0 rg BT 262.58 675.75 Td (a ) Tj ET Q q 0 0 0 rg BT 271.35 675.75 Td (timely ) Tj ET Q q 0 0 0 rg BT 300.67 675.75 Td (basis, ) Tj ET Q q 0 0 0 rg BT 330.00 675.75 Td (if ) Tj ET Q q 0 0 0 rg BT 338.21 675.75 Td (at ) Tj ET Q q 0 0 0 rg BT 349.76 675.75 Td (all, ) Tj ET Q q 0 0 0 rg BT 365.75 675.75 Td (from ) Tj ET Q q 0 0 0 rg BT 388.96 675.75 Td (governmental ) Tj ET Q q 0 0 0 rg BT 452.75 675.75 Td (authorities, ) Tj ET Q q 0 0 0 rg BT 504.88 675.75 Td (or ) Tj ET Q q 0 0 0 rg BT 516.98 675.75 Td (conditions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 663.75 Td (placed ) Tj ET Q q 0 0 0 rg BT 118.50 663.75 Td (upon ) Tj ET Q q 0 0 0 rg BT 143.78 663.75 Td (approval ) Tj ET Q q 0 0 0 rg BT 185.17 663.75 Td (that ) Tj ET Q q 0 0 0 rg BT 204.88 663.75 Td (could, ) Tj ET Q q 0 0 0 rg BT 234.60 663.75 Td (among ) Tj ET Q q 0 0 0 rg BT 268.21 663.75 Td (other ) Tj ET Q q 0 0 0 rg BT 294.03 663.75 Td (things, ) Tj ET Q q 0 0 0 rg BT 326.53 663.75 Td (delay ) Tj ET Q q 0 0 0 rg BT 353.47 663.75 Td (or ) Tj ET Q q 0 0 0 rg BT 365.39 663.75 Td (prevent ) Tj ET Q q 0 0 0 rg BT 401.78 663.75 Td (us ) Tj ET Q q 0 0 0 rg BT 415.37 663.75 Td (from ) Tj ET Q q 0 0 0 rg BT 438.40 663.75 Td (completing ) Tj ET Q q 0 0 0 rg BT 489.79 663.75 Td (a ) Tj ET Q q 0 0 0 rg BT 498.39 663.75 Td (transaction, ) Tj ET Q q 0 0 0 rg BT 553.11 663.75 Td (or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 651.75 Td (otherwise ) Tj ET Q q 0 0 0 rg BT 131.58 651.75 Td (restrict ) Tj ET Q q 0 0 0 rg BT 164.35 651.75 Td (our ) Tj ET Q q 0 0 0 rg BT 181.59 651.75 Td (ability ) Tj ET Q q 0 0 0 rg BT 209.93 651.75 Td (to ) Tj ET Q q 0 0 0 rg BT 221.05 651.75 Td (realize ) Tj ET Q q 0 0 0 rg BT 253.29 651.75 Td (the ) Tj ET Q q 0 0 0 rg BT 269.96 651.75 Td (expected ) Tj ET Q q 0 0 0 rg BT 313.33 651.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 352.80 651.75 Td (or ) Tj ET Q q 0 0 0 rg BT 364.47 651.75 Td (strategic ) Tj ET Q q 0 0 0 rg BT 405.04 651.75 Td (goals ) Tj ET Q q 0 0 0 rg BT 431.72 651.75 Td (of ) Tj ET Q q 0 0 0 rg BT 442.84 651.75 Td (a ) Tj ET Q q 0 0 0 rg BT 451.18 651.75 Td (transaction.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 633.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 633.75 Td (In ) Tj ET Q q 0 0 0 rg BT 97.36 633.75 Td (the ) Tj ET Q q 0 0 0 rg BT 114.29 633.75 Td (case ) Tj ET Q q 0 0 0 rg BT 138.43 633.75 Td (of ) Tj ET Q q 0 0 0 rg BT 149.79 633.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 183.39 633.75 Td (acquisitions, ) Tj ET Q q 0 0 0 rg BT 241.44 633.75 Td (the ) Tj ET Q q 0 0 0 rg BT 258.37 633.75 Td (need ) Tj ET Q q 0 0 0 rg BT 283.64 633.75 Td (to ) Tj ET Q q 0 0 0 rg BT 295.00 633.75 Td (integrate ) Tj ET Q q 0 0 0 rg BT 336.94 633.75 Td (operations ) Tj ET Q q 0 0 0 rg BT 386.66 633.75 Td (across ) Tj ET Q q 0 0 0 rg BT 419.13 633.75 Td (dif) Tj ET Q q 0 0 0 rg BT 429.52 633.75 Td (ferent ) Tj ET Q q 0 0 0 rg BT 458.11 633.75 Td (cultures ) Tj ET Q q 0 0 0 rg BT 496.15 633.75 Td (and ) Tj ET Q q 0 0 0 rg BT 515.85 633.75 Td (languages ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 621.75 Td (and ) Tj ET Q q 0 0 0 rg BT 107.12 621.75 Td (to ) Tj ET Q q 0 0 0 rg BT 119.89 621.75 Td (address ) Tj ET Q q 0 0 0 rg BT 159.90 621.75 Td (the ) Tj ET Q q 0 0 0 rg BT 178.24 621.75 Td (particular ) Tj ET Q q 0 0 0 rg BT 223.80 621.75 Td (economic, ) Tj ET Q q 0 0 0 rg BT 273.81 621.75 Td (currency) Tj ET Q q 0 0 0 rg BT 311.41 621.75 Td (, ) Tj ET Q q 0 0 0 rg BT 318.63 621.75 Td (political, ) Tj ET Q q 0 0 0 rg BT 359.19 621.75 Td (and ) Tj ET Q q 0 0 0 rg BT 380.31 621.75 Td (regulatory ) Tj ET Q q 0 0 0 rg BT 429.21 621.75 Td (risks ) Tj ET Q q 0 0 0 rg BT 454.19 621.75 Td (associated ) Tj ET Q q 0 0 0 rg BT 506.44 621.75 Td (with ) Tj ET Q q 0 0 0 rg BT 528.65 621.75 Td (specific ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 609.75 Td (countries.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 591.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 591.75 Td (Cultural ) Tj ET Q q 0 0 0 rg BT 123.16 591.75 Td (challenges ) Tj ET Q q 0 0 0 rg BT 173.67 591.75 Td (associated ) Tj ET Q q 0 0 0 rg BT 224.18 591.75 Td (with ) Tj ET Q q 0 0 0 rg BT 244.67 591.75 Td (integrating ) Tj ET Q q 0 0 0 rg BT 294.07 591.75 Td (employees ) Tj ET Q q 0 0 0 rg BT 345.13 591.75 Td (from ) Tj ET Q q 0 0 0 rg BT 367.83 591.75 Td (the ) Tj ET Q q 0 0 0 rg BT 384.43 591.75 Td (acquired ) Tj ET Q q 0 0 0 rg BT 425.49 591.75 Td (company ) Tj ET Q q 0 0 0 rg BT 468.77 591.75 Td (into ) Tj ET Q q 0 0 0 rg BT 487.59 591.75 Td (our ) Tj ET Q q 0 0 0 rg BT 504.75 591.75 Td (organization, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 579.75 Td (and ) Tj ET Q q 0 0 0 rg BT 105.46 579.75 Td (retention ) Tj ET Q q 0 0 0 rg BT 147.16 579.75 Td (of ) Tj ET Q q 0 0 0 rg BT 158.28 579.75 Td (employees ) Tj ET Q q 0 0 0 rg BT 209.41 579.75 Td (from ) Tj ET Q q 0 0 0 rg BT 232.19 579.75 Td (the ) Tj ET Q q 0 0 0 rg BT 248.87 579.75 Td (businesses ) Tj ET Q q 0 0 0 rg BT 301.68 579.75 Td (we ) Tj ET Q q 0 0 0 rg BT 317.24 579.75 Td (acquire.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 561.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 561.75 Td (Liability ) Tj ET Q q 0 0 0 rg BT 124.75 561.75 Td (for ) Tj ET Q q 0 0 0 rg BT 141.82 561.75 Td (activities ) Tj ET Q q 0 0 0 rg BT 185.56 561.75 Td (of ) Tj ET Q q 0 0 0 rg BT 199.30 561.75 Td (the ) Tj ET Q q 0 0 0 rg BT 218.60 561.75 Td (acquired ) Tj ET Q q 0 0 0 rg BT 262.36 561.75 Td (company ) Tj ET Q q 0 0 0 rg BT 308.34 561.75 Td (before ) Tj ET Q q 0 0 0 rg BT 342.09 561.75 Td (the ) Tj ET Q q 0 0 0 rg BT 361.40 561.75 Td (acquisition, ) Tj ET Q q 0 0 0 rg BT 416.83 561.75 Td (including ) Tj ET Q q 0 0 0 rg BT 461.70 561.75 Td (patent ) Tj ET Q q 0 0 0 rg BT 494.90 561.75 Td (and ) Tj ET Q q 0 0 0 rg BT 516.98 561.75 Td (trademark ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 549.75 Td (infringement ) Tj ET Q q 0 0 0 rg BT 144.00 549.75 Td (claims, ) Tj ET Q q 0 0 0 rg BT 178.08 549.75 Td (data ) Tj ET Q q 0 0 0 rg BT 200.51 549.75 Td (privacy ) Tj ET Q q 0 0 0 rg BT 235.16 549.75 Td (and ) Tj ET Q q 0 0 0 rg BT 254.81 549.75 Td (security ) Tj ET Q q 0 0 0 rg BT 292.24 549.75 Td (issues, ) Tj ET Q q 0 0 0 rg BT 326.33 549.75 Td (violations ) Tj ET Q q 0 0 0 rg BT 370.99 549.75 Td (of ) Tj ET Q q 0 0 0 rg BT 382.30 549.75 Td (laws, ) Tj ET Q q 0 0 0 rg BT 408.05 549.75 Td (commercial ) Tj ET Q q 0 0 0 rg BT 462.14 549.75 Td (disputes, ) Tj ET Q q 0 0 0 rg BT 505.13 549.75 Td (tax ) Tj ET Q q 0 0 0 rg BT 521.44 549.75 Td (liabilities, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 537.75 Td (and ) Tj ET Q q 0 0 0 rg BT 105.46 537.75 Td (other ) Tj ET Q q 0 0 0 rg BT 131.03 537.75 Td (known ) Tj ET Q q 0 0 0 rg BT 162.72 537.75 Td (and ) Tj ET Q q 0 0 0 rg BT 182.18 537.75 Td (unknown ) Tj ET Q q 0 0 0 rg BT 224.99 537.75 Td (liabilities.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 519.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 519.75 Td (Litigation ) Tj ET Q q 0 0 0 rg BT 127.53 519.75 Td (or ) Tj ET Q q 0 0 0 rg BT 137.91 519.75 Td (other ) Tj ET Q q 0 0 0 rg BT 162.20 519.75 Td (claims ) Tj ET Q q 0 0 0 rg BT 192.03 519.75 Td (in ) Tj ET Q q 0 0 0 rg BT 201.31 519.75 Td (connection ) Tj ET Q q 0 0 0 rg BT 251.18 519.75 Td (with ) Tj ET Q q 0 0 0 rg BT 270.46 519.75 Td (the ) Tj ET Q q 0 0 0 rg BT 285.85 519.75 Td (acquired ) Tj ET Q q 0 0 0 rg BT 325.71 519.75 Td (company) Tj ET Q q 0 0 0 rg BT 365.54 519.75 Td (, ) Tj ET Q q 0 0 0 rg BT 369.82 519.75 Td (including ) Tj ET Q q 0 0 0 rg BT 410.79 519.75 Td (claims ) Tj ET Q q 0 0 0 rg BT 440.62 519.75 Td (from ) Tj ET Q q 0 0 0 rg BT 462.11 519.75 Td (terminated ) Tj ET Q q 0 0 0 rg BT 510.86 519.75 Td (employees, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 507.75 Td (customers, ) Tj ET Q q 0 0 0 rg BT 137.68 507.75 Td (former ) Tj ET Q q 0 0 0 rg BT 169.35 507.75 Td (stockholders, ) Tj ET Q q 0 0 0 rg BT 231.04 507.75 Td (or ) Tj ET Q q 0 0 0 rg BT 242.71 507.75 Td (other ) Tj ET Q q 0 0 0 rg BT 268.29 507.75 Td (third ) Tj ET Q q 0 0 0 rg BT 290.52 507.75 Td (parties.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 489.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 91.66 489.75 Td (failure ) Tj ET Q q 0 0 0 rg BT 120.88 489.75 Td (to ) Tj ET Q q 0 0 0 rg BT 131.20 489.75 Td (address ) Tj ET Q q 0 0 0 rg BT 168.77 489.75 Td (these ) Tj ET Q q 0 0 0 rg BT 195.21 489.75 Td (risks ) Tj ET Q q 0 0 0 rg BT 217.75 489.75 Td (or ) Tj ET Q q 0 0 0 rg BT 228.63 489.75 Td (other ) Tj ET Q q 0 0 0 rg BT 253.41 489.75 Td (problems ) Tj ET Q q 0 0 0 rg BT 296.52 489.75 Td (encountered ) Tj ET Q q 0 0 0 rg BT 354.11 489.75 Td (in ) Tj ET Q q 0 0 0 rg BT 363.88 489.75 Td (connection ) Tj ET Q q 0 0 0 rg BT 414.23 489.75 Td (with ) Tj ET Q q 0 0 0 rg BT 434.00 489.75 Td (our ) Tj ET Q q 0 0 0 rg BT 450.44 489.75 Td (past ) Tj ET Q q 0 0 0 rg BT 471.33 489.75 Td (or ) Tj ET Q q 0 0 0 rg BT 482.21 489.75 Td (future ) Tj ET Q q 0 0 0 rg BT 509.76 489.75 Td (acquisitions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 477.75 Td (and ) Tj ET Q q 0 0 0 rg BT 68.77 477.75 Td (other ) Tj ET Q q 0 0 0 rg BT 93.65 477.75 Td (strategic ) Tj ET Q q 0 0 0 rg BT 133.53 477.75 Td (transactions ) Tj ET Q q 0 0 0 rg BT 189.53 477.75 Td (could ) Tj ET Q q 0 0 0 rg BT 215.52 477.75 Td (cause ) Tj ET Q q 0 0 0 rg BT 244.30 477.75 Td (us ) Tj ET Q q 0 0 0 rg BT 256.94 477.75 Td (to ) Tj ET Q q 0 0 0 rg BT 267.37 477.75 Td (fail ) Tj ET Q q 0 0 0 rg BT 282.24 477.75 Td (to ) Tj ET Q q 0 0 0 rg BT 292.67 477.75 Td (realize ) Tj ET Q q 0 0 0 rg BT 324.21 477.75 Td (their ) Tj ET Q q 0 0 0 rg BT 345.75 477.75 Td (anticipated ) Tj ET Q q 0 0 0 rg BT 396.21 477.75 Td (benefits, ) Tj ET Q q 0 0 0 rg BT 436.09 477.75 Td (incur ) Tj ET Q q 0 0 0 rg BT 459.86 477.75 Td (unanticipated ) Tj ET Q q 0 0 0 rg BT 521.43 477.75 Td (liabilities, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 465.75 Td (and ) Tj ET Q q 0 0 0 rg BT 69.46 465.75 Td (harm ) Tj ET Q q 0 0 0 rg BT 95.02 465.75 Td (our ) Tj ET Q q 0 0 0 rg BT 112.26 465.75 Td (business ) Tj ET Q q 0 0 0 rg BT 154.50 465.75 Td (generally) Tj ET Q q 0 0 0 rg BT 194.34 465.75 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 447.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 92.62 447.75 Td (acquisitions ) Tj ET Q q 0 0 0 rg BT 147.83 447.75 Td (and ) Tj ET Q q 0 0 0 rg BT 167.47 447.75 Td (other ) Tj ET Q q 0 0 0 rg BT 193.22 447.75 Td (strategic ) Tj ET Q q 0 0 0 rg BT 233.96 447.75 Td (transactions ) Tj ET Q q 0 0 0 rg BT 290.83 447.75 Td (could ) Tj ET Q q 0 0 0 rg BT 317.70 447.75 Td (also ) Tj ET Q q 0 0 0 rg BT 339.00 447.75 Td (result ) Tj ET Q q 0 0 0 rg BT 366.40 447.75 Td (in ) Tj ET Q q 0 0 0 rg BT 377.14 447.75 Td (dilutive ) Tj ET Q q 0 0 0 rg BT 411.22 447.75 Td (issuances ) Tj ET Q q 0 0 0 rg BT 458.65 447.75 Td (of ) Tj ET Q q 0 0 0 rg BT 469.94 447.75 Td (our ) Tj ET Q q 0 0 0 rg BT 487.35 447.75 Td (equity ) Tj ET Q q 0 0 0 rg BT 516.99 447.75 Td (securities, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 435.75 Td (the ) Tj ET Q q 0 0 0 rg BT 67.28 435.75 Td (incurrence ) Tj ET Q q 0 0 0 rg BT 117.35 435.75 Td (of ) Tj ET Q q 0 0 0 rg BT 129.06 435.75 Td (debt, ) Tj ET Q q 0 0 0 rg BT 154.68 435.75 Td (contingent ) Tj ET Q q 0 0 0 rg BT 204.21 435.75 Td (liabilities, ) Tj ET Q q 0 0 0 rg BT 248.16 435.75 Td (or ) Tj ET Q q 0 0 0 rg BT 260.43 435.75 Td (amortization ) Tj ET Q q 0 0 0 rg BT 318.27 435.75 Td (expenses, ) Tj ET Q q 0 0 0 rg BT 367.24 435.75 Td (or ) Tj ET Q q 0 0 0 rg BT 379.51 435.75 Td (impairment ) Tj ET Q q 0 0 0 rg BT 432.34 435.75 Td (of ) Tj ET Q q 0 0 0 rg BT 444.06 435.75 Td (goodwill ) Tj ET Q q 0 0 0 rg BT 483.57 435.75 Td (and/or ) Tj ET Q q 0 0 0 rg BT 515.30 435.75 Td (purchased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 423.75 Td (long-lived ) Tj ET Q q 0 0 0 rg BT 94.95 423.75 Td (assets, ) Tj ET Q q 0 0 0 rg BT 128.78 423.75 Td (and ) Tj ET Q q 0 0 0 rg BT 147.61 423.75 Td (restructuring ) Tj ET Q q 0 0 0 rg BT 205.34 423.75 Td (charges, ) Tj ET Q q 0 0 0 rg BT 245.84 423.75 Td (any ) Tj ET Q q 0 0 0 rg BT 264.11 423.75 Td (of ) Tj ET Q q 0 0 0 rg BT 274.60 423.75 Td (which ) Tj ET Q q 0 0 0 rg BT 302.32 423.75 Td (could ) Tj ET Q q 0 0 0 rg BT 328.37 423.75 Td (harm ) Tj ET Q q 0 0 0 rg BT 353.31 423.75 Td (our ) Tj ET Q q 0 0 0 rg BT 369.91 423.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 408.75 423.75 Td (condition ) Tj ET Q q 0 0 0 rg BT 450.92 423.75 Td (or ) Tj ET Q q 0 0 0 rg BT 461.96 423.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 505.81 423.75 Td (results. ) Tj ET Q q 0 0 0 rg BT 539.77 423.75 Td (Also, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 411.75 Td (the ) Tj ET Q q 0 0 0 rg BT 66.09 411.75 Td (anticipated ) Tj ET Q q 0 0 0 rg BT 116.65 411.75 Td (benefits ) Tj ET Q q 0 0 0 rg BT 153.87 411.75 Td (or ) Tj ET Q q 0 0 0 rg BT 164.95 411.75 Td (value ) Tj ET Q q 0 0 0 rg BT 191.05 411.75 Td (of ) Tj ET Q q 0 0 0 rg BT 201.58 411.75 Td (our ) Tj ET Q q 0 0 0 rg BT 218.22 411.75 Td (acquisitions ) Tj ET Q q 0 0 0 rg BT 272.66 411.75 Td (and ) Tj ET Q q 0 0 0 rg BT 291.54 411.75 Td (other ) Tj ET Q q 0 0 0 rg BT 316.52 411.75 Td (strategic ) Tj ET Q q 0 0 0 rg BT 356.51 411.75 Td (transactions ) Tj ET Q q 0 0 0 rg BT 412.61 411.75 Td (may ) Tj ET Q q 0 0 0 rg BT 433.70 411.75 Td (not ) Tj ET Q q 0 0 0 rg BT 449.79 411.75 Td (materialize. ) Tj ET Q q 0 0 0 rg BT 503.11 411.75 Td (In ) Tj ET Q q 0 0 0 rg BT 513.64 411.75 Td (connection ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 399.75 Td (with ) Tj ET Q q 0 0 0 rg BT 71.28 399.75 Td (our ) Tj ET Q q 0 0 0 rg BT 89.24 399.75 Td (divestitures, ) Tj ET Q q 0 0 0 rg BT 146.09 399.75 Td (we ) Tj ET Q q 0 0 0 rg BT 162.37 399.75 Td (have ) Tj ET Q q 0 0 0 rg BT 187.56 399.75 Td (agreed, ) Tj ET Q q 0 0 0 rg BT 224.97 399.75 Td (and ) Tj ET Q q 0 0 0 rg BT 245.16 399.75 Td (may ) Tj ET Q q 0 0 0 rg BT 267.55 399.75 Td (in ) Tj ET Q q 0 0 0 rg BT 278.83 399.75 Td (the ) Tj ET Q q 0 0 0 rg BT 296.24 399.75 Td (future ) Tj ET Q q 0 0 0 rg BT 325.31 399.75 Td (agree, ) Tj ET Q q 0 0 0 rg BT 357.16 399.75 Td (to ) Tj ET Q q 0 0 0 rg BT 369.00 399.75 Td (provide ) Tj ET Q q 0 0 0 rg BT 405.30 399.75 Td (indemnification ) Tj ET Q q 0 0 0 rg BT 475.50 399.75 Td (for ) Tj ET Q q 0 0 0 rg BT 490.67 399.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 524.19 399.75 Td (potential ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 387.75 Td (liabilities, ) Tj ET Q q 0 0 0 rg BT 93.35 387.75 Td (which ) Tj ET Q q 0 0 0 rg BT 121.69 387.75 Td (may ) Tj ET Q q 0 0 0 rg BT 143.36 387.75 Td (harm ) Tj ET Q q 0 0 0 rg BT 168.93 387.75 Td (our ) Tj ET Q q 0 0 0 rg BT 186.16 387.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 225.63 387.75 Td (condition ) Tj ET Q q 0 0 0 rg BT 268.43 387.75 Td (or ) Tj ET Q q 0 0 0 rg BT 280.10 387.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 324.58 387.75 Td (results.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 73.00 369.75 Td (If we were to lose the services of key personnel, we may not be able to execute our business strategy) Tj ET Q q 0 0 0 rg BT 554.46 369.75 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 351.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 92.01 351.75 Td (future ) Tj ET Q q 0 0 0 rg BT 119.93 351.75 Td (success ) Tj ET Q q 0 0 0 rg BT 158.40 351.75 Td (depends ) Tj ET Q q 0 0 0 rg BT 199.11 351.75 Td (in ) Tj ET Q q 0 0 0 rg BT 209.24 351.75 Td (large ) Tj ET Q q 0 0 0 rg BT 233.82 351.75 Td (part ) Tj ET Q q 0 0 0 rg BT 253.39 351.75 Td (upon ) Tj ET Q q 0 0 0 rg BT 277.98 351.75 Td (the ) Tj ET Q q 0 0 0 rg BT 294.23 351.75 Td (continued ) Tj ET Q q 0 0 0 rg BT 339.94 351.75 Td (service ) Tj ET Q q 0 0 0 rg BT 373.96 351.75 Td (of ) Tj ET Q q 0 0 0 rg BT 384.65 351.75 Td (key ) Tj ET Q q 0 0 0 rg BT 402.55 351.75 Td (members ) Tj ET Q q 0 0 0 rg BT 446.57 351.75 Td (of ) Tj ET Q q 0 0 0 rg BT 457.26 351.75 Td (our ) Tj ET Q q 0 0 0 rg BT 474.05 351.75 Td (senior ) Tj ET Q q 0 0 0 rg BT 503.63 351.75 Td (management ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 339.75 Td (team. ) Tj ET Q q 0 0 0 rg BT 77.73 339.75 Td (For ) Tj ET Q q 0 0 0 rg BT 95.45 339.75 Td (instance, ) Tj ET Q q 0 0 0 rg BT 138.19 339.75 Td (Sundar ) Tj ET Q q 0 0 0 rg BT 173.16 339.75 Td (Pichai ) Tj ET Q q 0 0 0 rg BT 203.11 339.75 Td (is ) Tj ET Q q 0 0 0 rg BT 213.05 339.75 Td (critical ) Tj ET Q q 0 0 0 rg BT 244.10 339.75 Td (to ) Tj ET Q q 0 0 0 rg BT 255.16 339.75 Td (the ) Tj ET Q q 0 0 0 rg BT 271.78 339.75 Td (overall ) Tj ET Q q 0 0 0 rg BT 303.96 339.75 Td (management ) Tj ET Q q 0 0 0 rg BT 365.05 339.75 Td (of ) Tj ET Q q 0 0 0 rg BT 375.57 339.75 Td (Alphabet ) Tj ET Q q 0 0 0 rg BT 417.76 339.75 Td (and ) Tj ET Q q 0 0 0 rg BT 437.17 339.75 Td (its ) Tj ET Q q 0 0 0 rg BT 449.88 339.75 Td (subsidiaries ) Tj ET Q q 0 0 0 rg BT 505.41 339.75 Td (and ) Tj ET Q q 0 0 0 rg BT 524.81 339.75 Td (plays ) Tj ET Q q 0 0 0 rg BT 550.87 339.75 Td (an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 327.75 Td (important ) Tj ET Q q 0 0 0 rg BT 94.83 327.75 Td (role ) Tj ET Q q 0 0 0 rg BT 114.64 327.75 Td (in ) Tj ET Q q 0 0 0 rg BT 125.57 327.75 Td (the ) Tj ET Q q 0 0 0 rg BT 142.61 327.75 Td (development ) Tj ET Q q 0 0 0 rg BT 203.02 327.75 Td (of ) Tj ET Q q 0 0 0 rg BT 214.50 327.75 Td (our ) Tj ET Q q 0 0 0 rg BT 232.09 327.75 Td (technology) Tj ET Q q 0 0 0 rg BT 279.72 327.75 Td (. ) Tj ET Q q 0 0 0 rg BT 285.64 327.75 Td (He ) Tj ET Q q 0 0 0 rg BT 301.56 327.75 Td (also ) Tj ET Q q 0 0 0 rg BT 323.05 327.75 Td (plays ) Tj ET Q q 0 0 0 rg BT 349.54 327.75 Td (a ) Tj ET Q q 0 0 0 rg BT 358.24 327.75 Td (key ) Tj ET Q q 0 0 0 rg BT 376.95 327.75 Td (role ) Tj ET Q q 0 0 0 rg BT 396.76 327.75 Td (in ) Tj ET Q q 0 0 0 rg BT 407.69 327.75 Td (maintaining ) Tj ET Q q 0 0 0 rg BT 461.97 327.75 Td (our ) Tj ET Q q 0 0 0 rg BT 479.57 327.75 Td (culture ) Tj ET Q q 0 0 0 rg BT 512.72 327.75 Td (and ) Tj ET Q q 0 0 0 rg BT 532.55 327.75 Td (setting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 315.75 Td (our ) Tj ET Q q 0 0 0 rg BT 67.09 315.75 Td (strategic ) Tj ET Q q 0 0 0 rg BT 107.52 315.75 Td (direction. ) Tj ET Q q 0 0 0 rg BT 150.21 315.75 Td (All ) Tj ET Q q 0 0 0 rg BT 163.96 315.75 Td (of ) Tj ET Q q 0 0 0 rg BT 174.94 315.75 Td (our ) Tj ET Q q 0 0 0 rg BT 192.03 315.75 Td (executive ) Tj ET Q q 0 0 0 rg BT 236.91 315.75 Td (of) Tj ET Q q 0 0 0 rg BT 245.07 315.75 Td (ficers ) Tj ET Q q 0 0 0 rg BT 271.60 315.75 Td (and ) Tj ET Q q 0 0 0 rg BT 290.92 315.75 Td (key ) Tj ET Q q 0 0 0 rg BT 309.12 315.75 Td (employees ) Tj ET Q q 0 0 0 rg BT 360.12 315.75 Td (are ) Tj ET Q q 0 0 0 rg BT 377.21 315.75 Td (at-will ) Tj ET Q q 0 0 0 rg BT 405.40 315.75 Td (employees, ) Tj ET Q q 0 0 0 rg BT 459.18 315.75 Td (and ) Tj ET Q q 0 0 0 rg BT 478.50 315.75 Td (we ) Tj ET Q q 0 0 0 rg BT 493.92 315.75 Td (do ) Tj ET Q q 0 0 0 rg BT 507.68 315.75 Td (not ) Tj ET Q q 0 0 0 rg BT 524.22 315.75 Td (maintain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 303.75 Td (any ) Tj ET Q q 0 0 0 rg BT 68.90 303.75 Td (key-person ) Tj ET Q q 0 0 0 rg BT 121.15 303.75 Td (life ) Tj ET Q q 0 0 0 rg BT 136.71 303.75 Td (insurance ) Tj ET Q q 0 0 0 rg BT 182.85 303.75 Td (policies. ) Tj ET Q q 0 0 0 rg BT 221.57 303.75 Td (The ) Tj ET Q q 0 0 0 rg BT 241.58 303.75 Td (loss ) Tj ET Q q 0 0 0 rg BT 262.14 303.75 Td (of ) Tj ET Q q 0 0 0 rg BT 273.26 303.75 Td (key ) Tj ET Q q 0 0 0 rg BT 291.60 303.75 Td (personnel ) Tj ET Q q 0 0 0 rg BT 338.30 303.75 Td (could ) Tj ET Q q 0 0 0 rg BT 364.99 303.75 Td (seriously ) Tj ET Q q 0 0 0 rg BT 407.22 303.75 Td (harm ) Tj ET Q q 0 0 0 rg BT 432.78 303.75 Td (our ) Tj ET Q q 0 0 0 rg BT 450.01 303.75 Td (business.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 73.00 285.75 Td (W) Tj ET Q q 0 0 0 rg BT 82.26 285.75 Td (e ) Tj ET Q q 0 0 0 rg BT 89.71 285.75 Td (rely ) Tj ET Q q 0 0 0 rg BT 109.40 285.75 Td (on ) Tj ET Q q 0 0 0 rg BT 123.51 285.75 Td (highly ) Tj ET Q q 0 0 0 rg BT 154.84 285.75 Td (skilled ) Tj ET Q q 0 0 0 rg BT 187.86 285.75 Td (personnel ) Tj ET Q q 0 0 0 rg BT 237.54 285.75 Td (and, ) Tj ET Q q 0 0 0 rg BT 259.99 285.75 Td (if ) Tj ET Q q 0 0 0 rg BT 267.99 285.75 Td (we ) Tj ET Q q 0 0 0 rg BT 283.23 285.75 Td (are ) Tj ET Q q 0 0 0 rg BT 300.13 285.75 Td (unable ) Tj ET Q q 0 0 0 rg BT 334.25 285.75 Td (to ) Tj ET Q q 0 0 0 rg BT 345.58 285.75 Td (retain ) Tj ET Q q 0 0 0 rg BT 374.71 285.75 Td (or ) Tj ET Q q 0 0 0 rg BT 386.60 285.75 Td (motivate ) Tj ET Q q 0 0 0 rg BT 429.62 285.75 Td (key ) Tj ET Q q 0 0 0 rg BT 448.19 285.75 Td (personnel, ) Tj ET Q q 0 0 0 rg BT 500.65 285.75 Td (hire ) Tj ET Q q 0 0 0 rg BT 520.88 285.75 Td (qualified ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 273.75 Td (personnel, ) Tj ET Q q 0 0 0 rg BT 103.34 273.75 Td (or ) Tj ET Q q 0 0 0 rg BT 116.12 273.75 Td (maintain ) Tj ET Q q 0 0 0 rg BT 160.02 273.75 Td (our ) Tj ET Q q 0 0 0 rg BT 178.91 273.75 Td (corporate ) Tj ET Q q 0 0 0 rg BT 227.81 273.75 Td (culture, ) Tj ET Q q 0 0 0 rg BT 266.70 273.75 Td (we ) Tj ET Q q 0 0 0 rg BT 282.82 273.75 Td (may ) Tj ET Q q 0 0 0 rg BT 305.62 273.75 Td (not ) Tj ET Q q 0 0 0 rg BT 323.94 273.75 Td (be ) Tj ET Q q 0 0 0 rg BT 338.39 273.75 Td (able ) Tj ET Q q 0 0 0 rg BT 361.18 273.75 Td (to ) Tj ET Q q 0 0 0 rg BT 373.39 273.75 Td (grow ) Tj ET Q q 0 0 0 rg BT 400.06 273.75 Td (ef) Tj ET Q q 0 0 0 rg BT 408.77 273.75 Td (fectively) Tj ET Q q 0 0 0 rg BT 448.42 273.75 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 255.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 93.64 255.75 Td (performance ) Tj ET Q q 0 0 0 rg BT 153.74 255.75 Td (largely ) Tj ET Q q 0 0 0 rg BT 187.17 255.75 Td (depends ) Tj ET Q q 0 0 0 rg BT 229.50 255.75 Td (on ) Tj ET Q q 0 0 0 rg BT 244.59 255.75 Td (the ) Tj ET Q q 0 0 0 rg BT 262.46 255.75 Td (talents ) Tj ET Q q 0 0 0 rg BT 295.89 255.75 Td (and ) Tj ET Q q 0 0 0 rg BT 316.54 255.75 Td (ef) Tj ET Q q 0 0 0 rg BT 324.70 255.75 Td (forts ) Tj ET Q q 0 0 0 rg BT 348.12 255.75 Td (of ) Tj ET Q q 0 0 0 rg BT 360.42 255.75 Td (highly ) Tj ET Q q 0 0 0 rg BT 390.52 255.75 Td (skilled ) Tj ET Q q 0 0 0 rg BT 422.27 255.75 Td (individuals. ) Tj ET Q q 0 0 0 rg BT 475.71 255.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 496.35 255.75 Td (future ) Tj ET Q q 0 0 0 rg BT 525.89 255.75 Td (success ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 243.75 Td (depends ) Tj ET Q q 0 0 0 rg BT 91.36 243.75 Td (on ) Tj ET Q q 0 0 0 rg BT 105.47 243.75 Td (our ) Tj ET Q q 0 0 0 rg BT 122.91 243.75 Td (continuing ) Tj ET Q q 0 0 0 rg BT 171.49 243.75 Td (ability ) Tj ET Q q 0 0 0 rg BT 200.04 243.75 Td (to ) Tj ET Q q 0 0 0 rg BT 211.37 243.75 Td (identify) Tj ET Q q 0 0 0 rg BT 242.31 243.75 Td (, ) Tj ET Q q 0 0 0 rg BT 248.07 243.75 Td (hire, ) Tj ET Q q 0 0 0 rg BT 270.51 243.75 Td (develop, ) Tj ET Q q 0 0 0 rg BT 311.31 243.75 Td (motivate, ) Tj ET Q q 0 0 0 rg BT 354.87 243.75 Td (and ) Tj ET Q q 0 0 0 rg BT 374.54 243.75 Td (retain ) Tj ET Q q 0 0 0 rg BT 402.54 243.75 Td (highly ) Tj ET Q q 0 0 0 rg BT 431.66 243.75 Td (skilled ) Tj ET Q q 0 0 0 rg BT 462.43 243.75 Td (personnel ) Tj ET Q q 0 0 0 rg BT 509.34 243.75 Td (for ) Tj ET Q q 0 0 0 rg BT 524.00 243.75 Td (all ) Tj ET Q q 0 0 0 rg BT 536.99 243.75 Td (areas ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 231.75 Td (of ) Tj ET Q q 0 0 0 rg BT 60.63 231.75 Td (our ) Tj ET Q q 0 0 0 rg BT 77.38 231.75 Td (organization. ) Tj ET Q q 0 0 0 rg BT 136.93 231.75 Td (Competition ) Tj ET Q q 0 0 0 rg BT 192.58 231.75 Td (in ) Tj ET Q q 0 0 0 rg BT 202.65 231.75 Td (our ) Tj ET Q q 0 0 0 rg BT 219.40 231.75 Td (industry ) Tj ET Q q 0 0 0 rg BT 256.70 231.75 Td (for ) Tj ET Q q 0 0 0 rg BT 270.67 231.75 Td (qualified ) Tj ET Q q 0 0 0 rg BT 310.21 231.75 Td (employees ) Tj ET Q q 0 0 0 rg BT 360.86 231.75 Td (is ) Tj ET Q q 0 0 0 rg BT 370.37 231.75 Td (intense, ) Tj ET Q q 0 0 0 rg BT 407.69 231.75 Td (and ) Tj ET Q q 0 0 0 rg BT 426.66 231.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 458.97 231.75 Td (of ) Tj ET Q q 0 0 0 rg BT 469.60 231.75 Td (our ) Tj ET Q q 0 0 0 rg BT 486.35 231.75 Td (competitors ) Tj ET Q q 0 0 0 rg BT 540.32 231.75 Td (have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 219.75 Td (directly ) Tj ET Q q 0 0 0 rg BT 84.93 219.75 Td (targeted ) Tj ET Q q 0 0 0 rg BT 124.89 219.75 Td (our ) Tj ET Q q 0 0 0 rg BT 142.60 219.75 Td (employees. ) Tj ET Q q 0 0 0 rg BT 197.00 219.75 Td (In ) Tj ET Q q 0 0 0 rg BT 208.60 219.75 Td (addition, ) Tj ET Q q 0 0 0 rg BT 249.67 219.75 Td (our ) Tj ET Q q 0 0 0 rg BT 267.38 219.75 Td (compensation ) Tj ET Q q 0 0 0 rg BT 332.90 219.75 Td (arrangements, ) Tj ET Q q 0 0 0 rg BT 400.64 219.75 Td (such ) Tj ET Q q 0 0 0 rg BT 425.02 219.75 Td (as ) Tj ET Q q 0 0 0 rg BT 438.84 219.75 Td (our ) Tj ET Q q 0 0 0 rg BT 456.55 219.75 Td (equity ) Tj ET Q q 0 0 0 rg BT 486.50 219.75 Td (award ) Tj ET Q q 0 0 0 rg BT 516.99 219.75 Td (programs, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 207.75 Td (may ) Tj ET Q q 0 0 0 rg BT 71.50 207.75 Td (not ) Tj ET Q q 0 0 0 rg BT 88.01 207.75 Td (always ) Tj ET Q q 0 0 0 rg BT 121.19 207.75 Td (be ) Tj ET Q q 0 0 0 rg BT 134.92 207.75 Td (successful ) Tj ET Q q 0 0 0 rg BT 184.21 207.75 Td (in ) Tj ET Q q 0 0 0 rg BT 194.60 207.75 Td (attracting ) Tj ET Q q 0 0 0 rg BT 238.35 207.75 Td (new ) Tj ET Q q 0 0 0 rg BT 259.30 207.75 Td (employees ) Tj ET Q q 0 0 0 rg BT 310.27 207.75 Td (and ) Tj ET Q q 0 0 0 rg BT 329.56 207.75 Td (retaining ) Tj ET Q q 0 0 0 rg BT 370.53 207.75 Td (and ) Tj ET Q q 0 0 0 rg BT 389.82 207.75 Td (motivating ) Tj ET Q q 0 0 0 rg BT 438.01 207.75 Td (our ) Tj ET Q q 0 0 0 rg BT 455.07 207.75 Td (existing ) Tj ET Q q 0 0 0 rg BT 491.58 207.75 Td (employees. ) Tj ET Q q 0 0 0 rg BT 545.33 207.75 Td (Our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 195.75 Td (continued ) Tj ET Q q 0 0 0 rg BT 96.62 195.75 Td (ability ) Tj ET Q q 0 0 0 rg BT 125.43 195.75 Td (to ) Tj ET Q q 0 0 0 rg BT 137.02 195.75 Td (compete ) Tj ET Q q 0 0 0 rg BT 178.63 195.75 Td (ef) Tj ET Q q 0 0 0 rg BT 186.79 195.75 Td (fectively ) Tj ET Q q 0 0 0 rg BT 226.16 195.75 Td (depends ) Tj ET Q q 0 0 0 rg BT 267.78 195.75 Td (on ) Tj ET Q q 0 0 0 rg BT 282.15 195.75 Td (our ) Tj ET Q q 0 0 0 rg BT 299.85 195.75 Td (ability ) Tj ET Q q 0 0 0 rg BT 328.67 195.75 Td (to ) Tj ET Q q 0 0 0 rg BT 340.25 195.75 Td (attract ) Tj ET Q q 0 0 0 rg BT 371.29 195.75 Td (new ) Tj ET Q q 0 0 0 rg BT 392.88 195.75 Td (employees ) Tj ET Q q 0 0 0 rg BT 444.49 195.75 Td (and ) Tj ET Q q 0 0 0 rg BT 464.43 195.75 Td (to ) Tj ET Q q 0 0 0 rg BT 476.02 195.75 Td (retain ) Tj ET Q q 0 0 0 rg BT 504.28 195.75 Td (and ) Tj ET Q q 0 0 0 rg BT 524.21 195.75 Td (motivate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 183.75 Td (our ) Tj ET Q q 0 0 0 rg BT 67.23 183.75 Td (existing ) Tj ET Q q 0 0 0 rg BT 103.92 183.75 Td (employees.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 165.75 Td (In ) Tj ET Q q 0 0 0 rg BT 83.48 165.75 Td (addition, ) Tj ET Q q 0 0 0 rg BT 123.43 165.75 Td (we ) Tj ET Q q 0 0 0 rg BT 138.36 165.75 Td (believe ) Tj ET Q q 0 0 0 rg BT 172.19 165.75 Td (that ) Tj ET Q q 0 0 0 rg BT 191.01 165.75 Td (our ) Tj ET Q q 0 0 0 rg BT 207.61 165.75 Td (corporate ) Tj ET Q q 0 0 0 rg BT 251.99 165.75 Td (culture ) Tj ET Q q 0 0 0 rg BT 284.15 165.75 Td (fosters ) Tj ET Q q 0 0 0 rg BT 316.30 165.75 Td (innovation, ) Tj ET Q q 0 0 0 rg BT 366.81 165.75 Td (creativity) Tj ET Q q 0 0 0 rg BT 405.52 165.75 Td (, ) Tj ET Q q 0 0 0 rg BT 410.44 165.75 Td (and ) Tj ET Q q 0 0 0 rg BT 429.27 165.75 Td (teamwork. ) Tj ET Q q 0 0 0 rg BT 477.11 165.75 Td (As ) Tj ET Q q 0 0 0 rg BT 490.92 165.75 Td (our ) Tj ET Q q 0 0 0 rg BT 507.52 165.75 Td (organization ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 153.75 Td (grows, ) Tj ET Q q 0 0 0 rg BT 81.94 153.75 Td (and ) Tj ET Q q 0 0 0 rg BT 101.11 153.75 Td (we ) Tj ET Q q 0 0 0 rg BT 116.38 153.75 Td (are ) Tj ET Q q 0 0 0 rg BT 133.33 153.75 Td (required ) Tj ET Q q 0 0 0 rg BT 172.50 153.75 Td (to ) Tj ET Q q 0 0 0 rg BT 183.33 153.75 Td (implement ) Tj ET Q q 0 0 0 rg BT 231.95 153.75 Td (more ) Tj ET Q q 0 0 0 rg BT 257.22 153.75 Td (complex ) Tj ET Q q 0 0 0 rg BT 296.94 153.75 Td (organizational ) Tj ET Q q 0 0 0 rg BT 361.69 153.75 Td (management ) Tj ET Q q 0 0 0 rg BT 422.55 153.75 Td (structures, ) Tj ET Q q 0 0 0 rg BT 471.72 153.75 Td (particularly ) Tj ET Q q 0 0 0 rg BT 522.56 153.75 Td (in ) Tj ET Q q 0 0 0 rg BT 532.83 153.75 Td (light ) Tj ET Q q 0 0 0 rg BT 553.66 153.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 141.75 Td (our ) Tj ET Q q 0 0 0 rg BT 67.23 141.75 Td (holding ) Tj ET Q q 0 0 0 rg BT 102.26 141.75 Td (company ) Tj ET Q q 0 0 0 rg BT 145.62 141.75 Td (structure, ) Tj ET Q q 0 0 0 rg BT 190.07 141.75 Td (adverse ) Tj ET Q q 0 0 0 rg BT 228.43 141.75 Td (changes ) Tj ET Q q 0 0 0 rg BT 269.01 141.75 Td (to ) Tj ET Q q 0 0 0 rg BT 280.13 141.75 Td (our ) Tj ET Q q 0 0 0 rg BT 297.36 141.75 Td (corporate ) Tj ET Q q 0 0 0 rg BT 342.39 141.75 Td (culture ) Tj ET Q q 0 0 0 rg BT 375.18 141.75 Td (could ) Tj ET Q q 0 0 0 rg BT 401.87 141.75 Td (harm ) Tj ET Q q 0 0 0 rg BT 427.43 141.75 Td (our ) Tj ET Q q 0 0 0 rg BT 444.66 141.75 Td (business ) Tj ET Q q 0 0 0 rg BT 486.90 141.75 Td (operations.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 73.00 123.75 Td (In ) Tj ET Q q 0 0 0 rg BT 85.82 123.75 Td (preparing ) Tj ET Q q 0 0 0 rg BT 135.88 123.75 Td (our ) Tj ET Q q 0 0 0 rg BT 155.92 123.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 200.43 123.75 Td (statements, ) Tj ET Q q 0 0 0 rg BT 259.94 123.75 Td (we ) Tj ET Q q 0 0 0 rg BT 277.22 123.75 Td (incorporate ) Tj ET Q q 0 0 0 rg BT 336.16 123.75 Td (valuation ) Tj ET Q q 0 0 0 rg BT 384.00 123.75 Td (methodologies ) Tj ET Q q 0 0 0 rg BT 459.05 123.75 Td (that ) Tj ET Q q 0 0 0 rg BT 481.32 123.75 Td (are ) Tj ET Q q 0 0 0 rg BT 500.27 123.75 Td (subjective ) Tj ET Q q 0 0 0 rg BT 553.12 123.75 Td (in ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 111.75 Td (nature ) Tj ET Q q 0 0 0 rg BT 83.34 111.75 Td (and ) Tj ET Q q 0 0 0 rg BT 103.90 111.75 Td (valuations ) Tj ET Q q 0 0 0 rg BT 156.13 111.75 Td (may ) Tj ET Q q 0 0 0 rg BT 178.93 111.75 Td (fluctuate ) Tj ET Q q 0 0 0 rg BT 223.37 111.75 Td (over ) Tj ET Q q 0 0 0 rg BT 247.28 111.75 Td (time.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 93.75 Td (W) Tj ET Q q 0 0 0 rg BT 82.26 93.75 Td (e ) Tj ET Q q 0 0 0 rg BT 91.67 93.75 Td (measure ) Tj ET Q q 0 0 0 rg BT 134.43 93.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 168.29 93.75 Td (of ) Tj ET Q q 0 0 0 rg BT 180.48 93.75 Td (our ) Tj ET Q q 0 0 0 rg BT 198.78 93.75 Td (non-marketable ) Tj ET Q q 0 0 0 rg BT 272.12 93.75 Td (equity ) Tj ET Q q 0 0 0 rg BT 302.65 93.75 Td (and ) Tj ET Q q 0 0 0 rg BT 323.19 93.75 Td (debt ) Tj ET Q q 0 0 0 rg BT 346.50 93.75 Td (investments, ) Tj ET Q q 0 0 0 rg BT 406.48 93.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 440.35 93.75 Td (other ) Tj ET Q q 0 0 0 rg BT 466.99 93.75 Td (instruments ) Tj ET Q q 0 0 0 rg BT 522.52 93.75 Td (including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 81.75 Td (stock-based ) Tj ET Q q 0 0 0 rg BT 106.07 81.75 Td (compensation ) Tj ET Q q 0 0 0 rg BT 170.49 81.75 Td (awards ) Tj ET Q q 0 0 0 rg BT 204.88 81.75 Td (settled ) Tj ET Q q 0 0 0 rg BT 236.50 81.75 Td (in ) Tj ET Q q 0 0 0 rg BT 246.45 81.75 Td (the ) Tj ET Q q 0 0 0 rg BT 262.50 81.75 Td (stock ) Tj ET Q q 0 0 0 rg BT 288.00 81.75 Td (of ) Tj ET Q q 0 0 0 rg BT 298.50 81.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 330.67 81.75 Td (Other ) Tj ET Q q 0 0 0 rg BT 357.84 81.75 Td (Bets, ) Tj ET Q q 0 0 0 rg BT 382.78 81.75 Td (and ) Tj ET Q q 0 0 0 rg BT 401.62 81.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 433.80 81.75 Td (assets ) Tj ET Q q 0 0 0 rg BT 464.85 81.75 Td (and ) Tj ET Q q 0 0 0 rg BT 483.70 81.75 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 523.65 81.75 Td (acquired ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 69.75 Td (in ) Tj ET Q q 0 0 0 rg BT 61.84 69.75 Td (a ) Tj ET Q q 0 0 0 rg BT 71.47 69.75 Td (business ) Tj ET Q q 0 0 0 rg BT 115.00 69.75 Td (combination, ) Tj ET Q q 0 0 0 rg BT 175.76 69.75 Td (at ) Tj ET Q q 0 0 0 rg BT 188.16 69.75 Td (fair ) Tj ET Q q 0 0 0 rg BT 206.11 69.75 Td (value ) Tj ET Q q 0 0 0 rg BT 234.08 69.75 Td (on ) Tj ET Q q 0 0 0 rg BT 249.26 69.75 Td (a ) Tj ET Q q 0 0 0 rg BT 258.89 69.75 Td (nonrecurring ) Tj ET Q q 0 0 0 rg BT 319.09 69.75 Td (basis. ) Tj ET Q q 0 0 0 rg BT 349.01 69.75 Td (The ) Tj ET Q q 0 0 0 rg BT 370.31 69.75 Td (determination ) Tj ET Q q 0 0 0 rg BT 434.96 69.75 Td (of ) Tj ET Q q 0 0 0 rg BT 447.36 69.75 Td (fair ) Tj ET Q q 0 0 0 rg BT 465.31 69.75 Td (value ) Tj ET Q q 0 0 0 rg BT 493.28 69.75 Td (involves ) Tj ET Q q 0 0 0 rg BT 533.47 69.75 Td (use ) Tj ET Q q 0 0 0 rg BT 553.65 69.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 57.75 Td (appropriate ) Tj ET Q q 0 0 0 rg BT 103.46 57.75 Td (valuation ) Tj ET Q q 0 0 0 rg BT 146.36 57.75 Td (methods ) Tj ET Q q 0 0 0 rg BT 187.59 57.75 Td (and ) Tj ET Q q 0 0 0 rg BT 207.15 57.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 240.03 57.75 Td (unobservable ) Tj ET Q q 0 0 0 rg BT 302.95 57.75 Td (inputs, ) Tj ET Q q 0 0 0 rg BT 335.29 57.75 Td (require ) Tj ET Q q 0 0 0 rg BT 369.29 57.75 Td (management ) Tj ET Q q 0 0 0 rg BT 430.53 57.75 Td (judgment ) Tj ET Q q 0 0 0 rg BT 474.54 57.75 Td (and ) Tj ET Q q 0 0 0 rg BT 494.09 57.75 Td (estimation, ) Tj ET Q q 0 0 0 rg BT 545.32 57.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 45.75 Td (may ) Tj ET Q q 0 0 0 rg BT 71.67 45.75 Td (change ) Tj ET Q q 0 0 0 rg BT 107.26 45.75 Td (over ) Tj ET Q q 0 0 0 rg BT 129.49 45.75 Td (time. ) Tj ET Q endstream endobj 45 0 obj <>] /Rotate 0 /Contents 46 0 R>> endobj 46 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 53 767.11455078125 m 123.04443359375 767.11455078125 l s q 0 0 1 rg BT 53.00 768.40 Td (T) Tj ET Q q 0 0 1 rg BT 57.50 768.40 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.396078431372549 0.396078431372549 0.396078431372549 rg BT 500.45 768.40 Td (Alphabet Inc.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.40 31.25 Td (21) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 741.75 Td (As ) Tj ET Q q 0 0 0 rg BT 87.32 741.75 Td (it ) Tj ET Q q 0 0 0 rg BT 94.98 741.75 Td (relates ) Tj ET Q q 0 0 0 rg BT 127.65 741.75 Td (to ) Tj ET Q q 0 0 0 rg BT 138.64 741.75 Td (our ) Tj ET Q q 0 0 0 rg BT 155.75 741.75 Td (non-marketable ) Tj ET Q q 0 0 0 rg BT 227.89 741.75 Td (investments, ) Tj ET Q q 0 0 0 rg BT 286.68 741.75 Td (the ) Tj ET Q q 0 0 0 rg BT 303.23 741.75 Td (market ) Tj ET Q q 0 0 0 rg BT 336.45 741.75 Td (values ) Tj ET Q q 0 0 0 rg BT 368.01 741.75 Td (can ) Tj ET Q q 0 0 0 rg BT 386.79 741.75 Td (be ) Tj ET Q q 0 0 0 rg BT 400.57 741.75 Td (negatively ) Tj ET Q q 0 0 0 rg BT 448.25 741.75 Td (af) Tj ET Q q 0 0 0 rg BT 456.41 741.75 Td (fected ) Tj ET Q q 0 0 0 rg BT 486.30 741.75 Td (by ) Tj ET Q q 0 0 0 rg BT 499.52 741.75 Td (liquidity) Tj ET Q q 0 0 0 rg BT 532.13 741.75 Td (, ) Tj ET Q q 0 0 0 rg BT 537.56 741.75 Td (credit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 729.75 Td (deterioration ) Tj ET Q q 0 0 0 rg BT 107.10 729.75 Td (or ) Tj ET Q q 0 0 0 rg BT 117.50 729.75 Td (losses, ) Tj ET Q q 0 0 0 rg BT 150.14 729.75 Td (performance ) Tj ET Q q 0 0 0 rg BT 207.79 729.75 Td (and ) Tj ET Q q 0 0 0 rg BT 225.98 729.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 264.18 729.75 Td (results ) Tj ET Q q 0 0 0 rg BT 295.15 729.75 Td (of ) Tj ET Q q 0 0 0 rg BT 305.00 729.75 Td (the ) Tj ET Q q 0 0 0 rg BT 320.41 729.75 Td (underlying ) Tj ET Q q 0 0 0 rg BT 368.07 729.75 Td (companies, ) Tj ET Q q 0 0 0 rg BT 420.72 729.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 452.80 729.75 Td (exchange ) Tj ET Q q 0 0 0 rg BT 497.68 729.75 Td (rates, ) Tj ET Q q 0 0 0 rg BT 524.20 729.75 Td (changes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 717.75 Td (in ) Tj ET Q q 0 0 0 rg BT 61.50 717.75 Td (interest ) Tj ET Q q 0 0 0 rg BT 98.02 717.75 Td (rates, ) Tj ET Q q 0 0 0 rg BT 126.75 717.75 Td (including ) Tj ET Q q 0 0 0 rg BT 169.94 717.75 Td (changes ) Tj ET Q q 0 0 0 rg BT 211.47 717.75 Td (that ) Tj ET Q q 0 0 0 rg BT 231.87 717.75 Td (may ) Tj ET Q q 0 0 0 rg BT 254.49 717.75 Td (result ) Tj ET Q q 0 0 0 rg BT 282.66 717.75 Td (from ) Tj ET Q q 0 0 0 rg BT 306.38 717.75 Td (the ) Tj ET Q q 0 0 0 rg BT 324.00 717.75 Td (implementation ) Tj ET Q q 0 0 0 rg BT 395.54 717.75 Td (of ) Tj ET Q q 0 0 0 rg BT 407.60 717.75 Td (new ) Tj ET Q q 0 0 0 rg BT 429.66 717.75 Td (benchmark ) Tj ET Q q 0 0 0 rg BT 482.85 717.75 Td (rates ) Tj ET Q q 0 0 0 rg BT 508.81 717.75 Td (that ) Tj ET Q q 0 0 0 rg BT 529.21 717.75 Td (replace ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 705.75 Td (LIBOR, ) Tj ET Q q 0 0 0 rg BT 85.57 705.75 Td (the ) Tj ET Q q 0 0 0 rg BT 102.25 705.75 Td (ef) Tj ET Q q 0 0 0 rg BT 110.41 705.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 129.30 705.75 Td (of ) Tj ET Q q 0 0 0 rg BT 140.42 705.75 Td (new ) Tj ET Q q 0 0 0 rg BT 161.54 705.75 Td (or ) Tj ET Q q 0 0 0 rg BT 173.21 705.75 Td (changing ) Tj ET Q q 0 0 0 rg BT 216.58 705.75 Td (regulations, ) Tj ET Q q 0 0 0 rg BT 271.06 705.75 Td (the ) Tj ET Q q 0 0 0 rg BT 287.74 705.75 Td (stock ) Tj ET Q q 0 0 0 rg BT 313.86 705.75 Td (market ) Tj ET Q q 0 0 0 rg BT 347.20 705.75 Td (in ) Tj ET Q q 0 0 0 rg BT 357.76 705.75 Td (general, ) Tj ET Q q 0 0 0 rg BT 396.67 705.75 Td (or ) Tj ET Q q 0 0 0 rg BT 408.34 705.75 Td (other ) Tj ET Q q 0 0 0 rg BT 433.92 705.75 Td (factors.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 687.75 Td (Since ) Tj ET Q q 0 0 0 rg BT 101.79 687.75 Td (January ) Tj ET Q q 0 0 0 rg BT 141.14 687.75 Td (2018, ) Tj ET Q q 0 0 0 rg BT 169.95 687.75 Td (we ) Tj ET Q q 0 0 0 rg BT 186.51 687.75 Td (adjust ) Tj ET Q q 0 0 0 rg BT 216.97 687.75 Td (the ) Tj ET Q q 0 0 0 rg BT 234.65 687.75 Td (carrying ) Tj ET Q q 0 0 0 rg BT 273.99 687.75 Td (value ) Tj ET Q q 0 0 0 rg BT 301.67 687.75 Td (of ) Tj ET Q q 0 0 0 rg BT 313.79 687.75 Td (our ) Tj ET Q q 0 0 0 rg BT 332.02 687.75 Td (non-marketable ) Tj ET Q q 0 0 0 rg BT 405.28 687.75 Td (equity ) Tj ET Q q 0 0 0 rg BT 435.74 687.75 Td (investments ) Tj ET Q q 0 0 0 rg BT 492.87 687.75 Td (to ) Tj ET Q q 0 0 0 rg BT 504.99 687.75 Td (fair ) Tj ET Q q 0 0 0 rg BT 522.66 687.75 Td (value ) Tj ET Q q 0 0 0 rg BT 550.34 687.75 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 675.75 Td (observable ) Tj ET Q q 0 0 0 rg BT 101.41 675.75 Td (transactions ) Tj ET Q q 0 0 0 rg BT 157.81 675.75 Td (of ) Tj ET Q q 0 0 0 rg BT 168.64 675.75 Td (identical ) Tj ET Q q 0 0 0 rg BT 207.82 675.75 Td (or ) Tj ET Q q 0 0 0 rg BT 219.20 675.75 Td (similar ) Tj ET Q q 0 0 0 rg BT 250.57 675.75 Td (investments ) Tj ET Q q 0 0 0 rg BT 306.41 675.75 Td (of ) Tj ET Q q 0 0 0 rg BT 317.24 675.75 Td (the ) Tj ET Q q 0 0 0 rg BT 333.63 675.75 Td (same ) Tj ET Q q 0 0 0 rg BT 360.57 675.75 Td (issuer ) Tj ET Q q 0 0 0 rg BT 389.73 675.75 Td (or ) Tj ET Q q 0 0 0 rg BT 401.11 675.75 Td (for ) Tj ET Q q 0 0 0 rg BT 415.27 675.75 Td (impairments. ) Tj ET Q q 0 0 0 rg BT 474.50 675.75 Td (All ) Tj ET Q q 0 0 0 rg BT 488.10 675.75 Td (gains ) Tj ET Q q 0 0 0 rg BT 514.50 675.75 Td (and ) Tj ET Q q 0 0 0 rg BT 533.67 675.75 Td (losses ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 663.75 Td (on ) Tj ET Q q 0 0 0 rg BT 65.74 663.75 Td (non-marketable ) Tj ET Q q 0 0 0 rg BT 139.85 663.75 Td (equity ) Tj ET Q q 0 0 0 rg BT 171.15 663.75 Td (securities, ) Tj ET Q q 0 0 0 rg BT 220.79 663.75 Td (realized ) Tj ET Q q 0 0 0 rg BT 260.43 663.75 Td (and ) Tj ET Q q 0 0 0 rg BT 281.74 663.75 Td (unrealized, ) Tj ET Q q 0 0 0 rg BT 335.28 663.75 Td (are ) Tj ET Q q 0 0 0 rg BT 354.35 663.75 Td (recognized ) Tj ET Q q 0 0 0 rg BT 407.89 663.75 Td (in ) Tj ET Q q 0 0 0 rg BT 420.30 663.75 Td (other ) Tj ET Q q 0 0 0 rg BT 447.71 663.75 Td (income ) Tj ET Q q 0 0 0 rg BT 484.57 663.75 Td (\(expense\), ) Tj ET Q q 0 0 0 rg BT 536.44 663.75 Td (which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 651.75 Td (increases ) Tj ET Q q 0 0 0 rg BT 95.58 651.75 Td (the ) Tj ET Q q 0 0 0 rg BT 112.26 651.75 Td (volatility ) Tj ET Q q 0 0 0 rg BT 150.60 651.75 Td (of ) Tj ET Q q 0 0 0 rg BT 161.72 651.75 Td (our ) Tj ET Q q 0 0 0 rg BT 178.95 651.75 Td (other ) Tj ET Q q 0 0 0 rg BT 204.52 651.75 Td (income ) Tj ET Q q 0 0 0 rg BT 239.54 651.75 Td (\(expense\).) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 633.75 Td (As ) Tj ET Q q 0 0 0 rg BT 87.94 633.75 Td (a ) Tj ET Q q 0 0 0 rg BT 96.77 633.75 Td (result ) Tj ET Q q 0 0 0 rg BT 124.50 633.75 Td (of ) Tj ET Q q 0 0 0 rg BT 136.11 633.75 Td (these ) Tj ET Q q 0 0 0 rg BT 163.84 633.75 Td (factors, ) Tj ET Q q 0 0 0 rg BT 199.90 633.75 Td (the ) Tj ET Q q 0 0 0 rg BT 217.07 633.75 Td (value ) Tj ET Q q 0 0 0 rg BT 244.25 633.75 Td (or ) Tj ET Q q 0 0 0 rg BT 256.41 633.75 Td (liquidity ) Tj ET Q q 0 0 0 rg BT 293.03 633.75 Td (of ) Tj ET Q q 0 0 0 rg BT 304.65 633.75 Td (our ) Tj ET Q q 0 0 0 rg BT 322.37 633.75 Td (cash ) Tj ET Q q 0 0 0 rg BT 346.76 633.75 Td (equivalents, ) Tj ET Q q 0 0 0 rg BT 403.40 633.75 Td (as ) Tj ET Q q 0 0 0 rg BT 417.24 633.75 Td (well ) Tj ET Q q 0 0 0 rg BT 437.73 633.75 Td (as ) Tj ET Q q 0 0 0 rg BT 451.57 633.75 Td (our ) Tj ET Q q 0 0 0 rg BT 469.29 633.75 Td (marketable ) Tj ET Q q 0 0 0 rg BT 522.03 633.75 Td (and ) Tj ET Q q 0 0 0 rg BT 541.98 633.75 Td (non-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 621.75 Td (marketable ) Tj ET Q q 0 0 0 rg BT 102.71 621.75 Td (securities ) Tj ET Q q 0 0 0 rg BT 148.19 621.75 Td (could ) Tj ET Q q 0 0 0 rg BT 175.34 621.75 Td (decline ) Tj ET Q q 0 0 0 rg BT 210.27 621.75 Td (and ) Tj ET Q q 0 0 0 rg BT 230.20 621.75 Td (result ) Tj ET Q q 0 0 0 rg BT 257.89 621.75 Td (in ) Tj ET Q q 0 0 0 rg BT 268.92 621.75 Td (a ) Tj ET Q q 0 0 0 rg BT 277.72 621.75 Td (material ) Tj ET Q q 0 0 0 rg BT 316.53 621.75 Td (impairment, ) Tj ET Q q 0 0 0 rg BT 372.01 621.75 Td (which ) Tj ET Q q 0 0 0 rg BT 400.82 621.75 Td (could ) Tj ET Q q 0 0 0 rg BT 427.96 621.75 Td (materially ) Tj ET Q q 0 0 0 rg BT 473.99 621.75 Td (adversely ) Tj ET Q q 0 0 0 rg BT 520.03 621.75 Td (af) Tj ET Q q 0 0 0 rg BT 528.19 621.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 547.55 621.75 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 609.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 89.47 609.75 Td (condition ) Tj ET Q q 0 0 0 rg BT 132.28 609.75 Td (and ) Tj ET Q q 0 0 0 rg BT 151.74 609.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 196.22 609.75 Td (results.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 73.00 591.75 Td (W) Tj ET Q q 0 0 0 rg BT 82.26 591.75 Td (e ) Tj ET Q q 0 0 0 rg BT 90.52 591.75 Td (could ) Tj ET Q q 0 0 0 rg BT 119.88 591.75 Td (be ) Tj ET Q q 0 0 0 rg BT 134.25 591.75 Td (subject ) Tj ET Q q 0 0 0 rg BT 171.96 591.75 Td (to ) Tj ET Q q 0 0 0 rg BT 184.09 591.75 Td (changes ) Tj ET Q q 0 0 0 rg BT 227.36 591.75 Td (in ) Tj ET Q q 0 0 0 rg BT 238.95 591.75 Td (tax ) Tj ET Q q 0 0 0 rg BT 256.10 591.75 Td (rates, ) Tj ET Q q 0 0 0 rg BT 285.48 591.75 Td (the ) Tj ET Q q 0 0 0 rg BT 303.18 591.75 Td (adoption ) Tj ET Q q 0 0 0 rg BT 348.09 591.75 Td (of ) Tj ET Q q 0 0 0 rg BT 360.23 591.75 Td (new ) Tj ET Q q 0 0 0 rg BT 382.37 591.75 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 404.52 591.75 Td (or ) Tj ET Q q 0 0 0 rg BT 417.22 591.75 Td (international ) Tj ET Q q 0 0 0 rg BT 479.92 591.75 Td (tax ) Tj ET Q q 0 0 0 rg BT 497.07 591.75 Td (legislation, ) Tj ET Q q 0 0 0 rg BT 552.00 591.75 Td (or ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 579.75 Td (exposure ) Tj ET Q q 0 0 0 rg BT 97.24 579.75 Td (to ) Tj ET Q q 0 0 0 rg BT 109.46 579.75 Td (additional ) Tj ET Q q 0 0 0 rg BT 159.46 579.75 Td (tax ) Tj ET Q q 0 0 0 rg BT 176.69 579.75 Td (liabilities. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 561.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 93.00 561.75 Td (future ) Tj ET Q q 0 0 0 rg BT 121.91 561.75 Td (income ) Tj ET Q q 0 0 0 rg BT 157.48 561.75 Td (taxes ) Tj ET Q q 0 0 0 rg BT 184.72 561.75 Td (could ) Tj ET Q q 0 0 0 rg BT 211.96 561.75 Td (be ) Tj ET Q q 0 0 0 rg BT 226.42 561.75 Td (negatively ) Tj ET Q q 0 0 0 rg BT 274.78 561.75 Td (af) Tj ET Q q 0 0 0 rg BT 282.94 561.75 Td (fected ) Tj ET Q q 0 0 0 rg BT 313.51 561.75 Td (by ) Tj ET Q q 0 0 0 rg BT 327.41 561.75 Td (earnings ) Tj ET Q q 0 0 0 rg BT 369.10 561.75 Td (being ) Tj ET Q q 0 0 0 rg BT 396.91 561.75 Td (lower ) Tj ET Q q 0 0 0 rg BT 424.14 561.75 Td (than ) Tj ET Q q 0 0 0 rg BT 446.93 561.75 Td (anticipated ) Tj ET Q q 0 0 0 rg BT 498.64 561.75 Td (in ) Tj ET Q q 0 0 0 rg BT 509.76 561.75 Td (jurisdictions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 549.75 Td (that ) Tj ET Q q 0 0 0 rg BT 69.27 549.75 Td (have ) Tj ET Q q 0 0 0 rg BT 93.55 549.75 Td (lower ) Tj ET Q q 0 0 0 rg BT 120.05 549.75 Td (statutory ) Tj ET Q q 0 0 0 rg BT 160.99 549.75 Td (tax ) Tj ET Q q 0 0 0 rg BT 176.93 549.75 Td (rates ) Tj ET Q q 0 0 0 rg BT 201.75 549.75 Td (and ) Tj ET Q q 0 0 0 rg BT 221.03 549.75 Td (higher ) Tj ET Q q 0 0 0 rg BT 251.43 549.75 Td (than ) Tj ET Q q 0 0 0 rg BT 273.48 549.75 Td (anticipated ) Tj ET Q q 0 0 0 rg BT 324.45 549.75 Td (in ) Tj ET Q q 0 0 0 rg BT 334.83 549.75 Td (jurisdictions ) Tj ET Q q 0 0 0 rg BT 389.66 549.75 Td (that ) Tj ET Q q 0 0 0 rg BT 408.94 549.75 Td (have ) Tj ET Q q 0 0 0 rg BT 433.22 549.75 Td (higher ) Tj ET Q q 0 0 0 rg BT 463.61 549.75 Td (statutory ) Tj ET Q q 0 0 0 rg BT 504.56 549.75 Td (tax ) Tj ET Q q 0 0 0 rg BT 520.49 549.75 Td (rates, ) Tj ET Q q 0 0 0 rg BT 548.10 549.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 537.75 Td (net ) Tj ET Q q 0 0 0 rg BT 67.83 537.75 Td (gains ) Tj ET Q q 0 0 0 rg BT 95.66 537.75 Td (and ) Tj ET Q q 0 0 0 rg BT 116.27 537.75 Td (losses ) Tj ET Q q 0 0 0 rg BT 148.54 537.75 Td (recognized ) Tj ET Q q 0 0 0 rg BT 201.38 537.75 Td (by ) Tj ET Q q 0 0 0 rg BT 215.87 537.75 Td (legal ) Tj ET Q q 0 0 0 rg BT 240.92 537.75 Td (entities ) Tj ET Q q 0 0 0 rg BT 276.53 537.75 Td (on ) Tj ET Q q 0 0 0 rg BT 291.58 537.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 325.52 537.75 Td (hedges ) Tj ET Q q 0 0 0 rg BT 362.25 537.75 Td (and ) Tj ET Q q 0 0 0 rg BT 382.86 537.75 Td (related ) Tj ET Q q 0 0 0 rg BT 417.36 537.75 Td (hedged ) Tj ET Q q 0 0 0 rg BT 454.65 537.75 Td (intercompany ) Tj ET Q q 0 0 0 rg BT 518.61 537.75 Td (and ) Tj ET Q q 0 0 0 rg BT 539.22 537.75 Td (other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 525.75 Td (transactions ) Tj ET Q q 0 0 0 rg BT 105.69 525.75 Td (under ) Tj ET Q q 0 0 0 rg BT 133.04 525.75 Td (our ) Tj ET Q q 0 0 0 rg BT 149.26 525.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 181.61 525.75 Td (exchange ) Tj ET Q q 0 0 0 rg BT 226.76 525.75 Td (risk ) Tj ET Q q 0 0 0 rg BT 244.08 525.75 Td (management ) Tj ET Q q 0 0 0 rg BT 304.22 525.75 Td (program, ) Tj ET Q q 0 0 0 rg BT 346.01 525.75 Td (changes ) Tj ET Q q 0 0 0 rg BT 385.59 525.75 Td (in ) Tj ET Q q 0 0 0 rg BT 395.15 525.75 Td (the ) Tj ET Q q 0 0 0 rg BT 410.82 525.75 Td (valuation ) Tj ET Q q 0 0 0 rg BT 452.62 525.75 Td (of ) Tj ET Q q 0 0 0 rg BT 462.74 525.75 Td (our ) Tj ET Q q 0 0 0 rg BT 478.96 525.75 Td (deferred ) Tj ET Q q 0 0 0 rg BT 517.98 525.75 Td (tax ) Tj ET Q q 0 0 0 rg BT 533.09 525.75 Td (assets ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 513.75 Td (or ) Tj ET Q q 0 0 0 rg BT 62.12 513.75 Td (liabilities, ) Tj ET Q q 0 0 0 rg BT 105.93 513.75 Td (or ) Tj ET Q q 0 0 0 rg BT 118.05 513.75 Td (changes ) Tj ET Q q 0 0 0 rg BT 159.09 513.75 Td (in ) Tj ET Q q 0 0 0 rg BT 170.11 513.75 Td (tax ) Tj ET Q q 0 0 0 rg BT 186.68 513.75 Td (laws, ) Tj ET Q q 0 0 0 rg BT 212.70 513.75 Td (regulations, ) Tj ET Q q 0 0 0 rg BT 267.63 513.75 Td (or ) Tj ET Q q 0 0 0 rg BT 279.76 513.75 Td (accounting ) Tj ET Q q 0 0 0 rg BT 331.36 513.75 Td (principles ) Tj ET Q q 0 0 0 rg BT 376.83 513.75 Td (\(including ) Tj ET Q q 0 0 0 rg BT 422.87 513.75 Td (changes ) Tj ET Q q 0 0 0 rg BT 463.91 513.75 Td (in ) Tj ET Q q 0 0 0 rg BT 474.92 513.75 Td (the ) Tj ET Q q 0 0 0 rg BT 492.06 513.75 Td (interpretation ) Tj ET Q q 0 0 0 rg BT 553.66 513.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 501.75 Td (existing ) Tj ET Q q 0 0 0 rg BT 86.68 501.75 Td (laws\), ) Tj ET Q q 0 0 0 rg BT 115.58 501.75 Td (as ) Tj ET Q q 0 0 0 rg BT 128.92 501.75 Td (well ) Tj ET Q q 0 0 0 rg BT 148.92 501.75 Td (as ) Tj ET Q q 0 0 0 rg BT 162.26 501.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 195.05 501.75 Td (discrete ) Tj ET Q q 0 0 0 rg BT 232.85 501.75 Td (items.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 483.75 Td (In ) Tj ET Q q 0 0 0 rg BT 84.17 483.75 Td (addition, ) Tj ET Q q 0 0 0 rg BT 124.80 483.75 Td (we ) Tj ET Q q 0 0 0 rg BT 140.42 483.75 Td (are ) Tj ET Q q 0 0 0 rg BT 157.70 483.75 Td (subject ) Tj ET Q q 0 0 0 rg BT 192.21 483.75 Td (to ) Tj ET Q q 0 0 0 rg BT 203.38 483.75 Td (regular ) Tj ET Q q 0 0 0 rg BT 237.34 483.75 Td (review ) Tj ET Q q 0 0 0 rg BT 269.06 483.75 Td (and ) Tj ET Q q 0 0 0 rg BT 288.57 483.75 Td (audit ) Tj ET Q q 0 0 0 rg BT 313.09 483.75 Td (by ) Tj ET Q q 0 0 0 rg BT 326.48 483.75 Td (both ) Tj ET Q q 0 0 0 rg BT 348.77 483.75 Td (domestic ) Tj ET Q q 0 0 0 rg BT 391.61 483.75 Td (and ) Tj ET Q q 0 0 0 rg BT 411.13 483.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 444.53 483.75 Td (tax ) Tj ET Q q 0 0 0 rg BT 460.70 483.75 Td (authorities. ) Tj ET Q q 0 0 0 rg BT 511.88 483.75 Td (As ) Tj ET Q q 0 0 0 rg BT 526.38 483.75 Td (a ) Tj ET Q q 0 0 0 rg BT 534.77 483.75 Td (result, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 471.75 Td (we ) Tj ET Q q 0 0 0 rg BT 65.01 471.75 Td (have ) Tj ET Q q 0 0 0 rg BT 88.92 471.75 Td (received, ) Tj ET Q q 0 0 0 rg BT 131.73 471.75 Td (and ) Tj ET Q q 0 0 0 rg BT 150.64 471.75 Td (may ) Tj ET Q q 0 0 0 rg BT 171.76 471.75 Td (in ) Tj ET Q q 0 0 0 rg BT 181.77 471.75 Td (the ) Tj ET Q q 0 0 0 rg BT 197.90 471.75 Td (future ) Tj ET Q q 0 0 0 rg BT 225.70 471.75 Td (receive, ) Tj ET Q q 0 0 0 rg BT 262.94 471.75 Td (assessments ) Tj ET Q q 0 0 0 rg BT 323.52 471.75 Td (in ) Tj ET Q q 0 0 0 rg BT 333.53 471.75 Td (multiple ) Tj ET Q q 0 0 0 rg BT 370.22 471.75 Td (jurisdictions, ) Tj ET Q q 0 0 0 rg BT 427.46 471.75 Td (including ) Tj ET Q q 0 0 0 rg BT 469.16 471.75 Td (in ) Tj ET Q q 0 0 0 rg BT 479.17 471.75 Td (Europe, ) Tj ET Q q 0 0 0 rg BT 516.43 471.75 Td (on ) Tj ET Q q 0 0 0 rg BT 529.78 471.75 Td (various ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 459.75 Td (tax-related ) Tj ET Q q 0 0 0 rg BT 99.11 459.75 Td (assertions, ) Tj ET Q q 0 0 0 rg BT 149.32 459.75 Td (such ) Tj ET Q q 0 0 0 rg BT 172.31 459.75 Td (as ) Tj ET Q q 0 0 0 rg BT 184.73 459.75 Td (transfer-pricing ) Tj ET Q q 0 0 0 rg BT 253.28 459.75 Td (adjustments ) Tj ET Q q 0 0 0 rg BT 309.06 459.75 Td (or ) Tj ET Q q 0 0 0 rg BT 319.81 459.75 Td (permanent-establishment ) Tj ET Q q 0 0 0 rg BT 434.51 459.75 Td (claims. ) Tj ET Q q 0 0 0 rg BT 467.11 459.75 Td (Any ) Tj ET Q q 0 0 0 rg BT 486.21 459.75 Td (adverse ) Tj ET Q q 0 0 0 rg BT 523.65 459.75 Td (outcome ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 447.75 Td (of ) Tj ET Q q 0 0 0 rg BT 60.46 447.75 Td (such ) Tj ET Q q 0 0 0 rg BT 83.71 447.75 Td (a ) Tj ET Q q 0 0 0 rg BT 91.39 447.75 Td (review ) Tj ET Q q 0 0 0 rg BT 122.41 447.75 Td (or ) Tj ET Q q 0 0 0 rg BT 133.42 447.75 Td (audit ) Tj ET Q q 0 0 0 rg BT 157.23 447.75 Td (could ) Tj ET Q q 0 0 0 rg BT 183.25 447.75 Td (have ) Tj ET Q q 0 0 0 rg BT 207.06 447.75 Td (a ) Tj ET Q q 0 0 0 rg BT 214.74 447.75 Td (negative ) Tj ET Q q 0 0 0 rg BT 254.67 447.75 Td (ef) Tj ET Q q 0 0 0 rg BT 262.83 447.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 281.07 447.75 Td (on ) Tj ET Q q 0 0 0 rg BT 294.32 447.75 Td (our ) Tj ET Q q 0 0 0 rg BT 310.89 447.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 354.71 447.75 Td (results ) Tj ET Q q 0 0 0 rg BT 386.29 447.75 Td (and ) Tj ET Q q 0 0 0 rg BT 405.09 447.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 443.90 447.75 Td (condition ) Tj ET Q q 0 0 0 rg BT 486.05 447.75 Td (and ) Tj ET Q q 0 0 0 rg BT 504.86 447.75 Td (could ) Tj ET Q q 0 0 0 rg BT 530.89 447.75 Td (require ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 435.75 Td (us ) Tj ET Q q 0 0 0 rg BT 62.84 435.75 Td (to ) Tj ET Q q 0 0 0 rg BT 73.46 435.75 Td (change ) Tj ET Q q 0 0 0 rg BT 108.55 435.75 Td (our ) Tj ET Q q 0 0 0 rg BT 125.28 435.75 Td (business ) Tj ET Q q 0 0 0 rg BT 167.03 435.75 Td (practices ) Tj ET Q q 0 0 0 rg BT 209.33 435.75 Td (in ) Tj ET Q q 0 0 0 rg BT 219.39 435.75 Td (a ) Tj ET Q q 0 0 0 rg BT 227.23 435.75 Td (manner ) Tj ET Q q 0 0 0 rg BT 263.42 435.75 Td (adverse ) Tj ET Q q 0 0 0 rg BT 301.27 435.75 Td (to ) Tj ET Q q 0 0 0 rg BT 311.89 435.75 Td (our ) Tj ET Q q 0 0 0 rg BT 328.63 435.75 Td (business. ) Tj ET Q q 0 0 0 rg BT 373.15 435.75 Td (It ) Tj ET Q q 0 0 0 rg BT 380.99 435.75 Td (may ) Tj ET Q q 0 0 0 rg BT 402.16 435.75 Td (also ) Tj ET Q q 0 0 0 rg BT 422.79 435.75 Td (subject ) Tj ET Q q 0 0 0 rg BT 456.75 435.75 Td (us ) Tj ET Q q 0 0 0 rg BT 469.59 435.75 Td (to ) Tj ET Q q 0 0 0 rg BT 480.21 435.75 Td (additional ) Tj ET Q q 0 0 0 rg BT 525.31 435.75 Td (litigation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 423.75 Td (and ) Tj ET Q q 0 0 0 rg BT 69.37 423.75 Td (regulatory ) Tj ET Q q 0 0 0 rg BT 116.52 423.75 Td (inquiries, ) Tj ET Q q 0 0 0 rg BT 159.22 423.75 Td (resulting ) Tj ET Q q 0 0 0 rg BT 199.70 423.75 Td (in ) Tj ET Q q 0 0 0 rg BT 210.16 423.75 Td (the ) Tj ET Q q 0 0 0 rg BT 226.75 423.75 Td (diversion ) Tj ET Q q 0 0 0 rg BT 269.45 423.75 Td (of ) Tj ET Q q 0 0 0 rg BT 280.47 423.75 Td (management? Tj ET Q q 0 0 0 rg BT 340.88 423.75 Td (s ) Tj ET Q q 0 0 0 rg BT 348.56 423.75 Td (time ) Tj ET Q q 0 0 0 rg BT 370.14 423.75 Td (and ) Tj ET Q q 0 0 0 rg BT 389.50 423.75 Td (attention. ) Tj ET Q q 0 0 0 rg BT 433.33 423.75 Td (In ) Tj ET Q q 0 0 0 rg BT 444.35 423.75 Td (addition, ) Tj ET Q q 0 0 0 rg BT 484.84 423.75 Td (the ) Tj ET Q q 0 0 0 rg BT 501.42 423.75 Td (determination ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 411.75 Td (of ) Tj ET Q q 0 0 0 rg BT 60.89 411.75 Td (our ) Tj ET Q q 0 0 0 rg BT 77.90 411.75 Td (worldwide ) Tj ET Q q 0 0 0 rg BT 124.92 411.75 Td (provision ) Tj ET Q q 0 0 0 rg BT 167.49 411.75 Td (for ) Tj ET Q q 0 0 0 rg BT 181.72 411.75 Td (income ) Tj ET Q q 0 0 0 rg BT 216.51 411.75 Td (taxes ) Tj ET Q q 0 0 0 rg BT 242.97 411.75 Td (and ) Tj ET Q q 0 0 0 rg BT 262.21 411.75 Td (other ) Tj ET Q q 0 0 0 rg BT 287.55 411.75 Td (tax ) Tj ET Q q 0 0 0 rg BT 303.45 411.75 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 343.79 411.75 Td (requires ) Tj ET Q q 0 0 0 rg BT 382.48 411.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 429.50 411.75 Td (judgment, ) Tj ET Q q 0 0 0 rg BT 475.97 411.75 Td (and ) Tj ET Q q 0 0 0 rg BT 495.21 411.75 Td (there ) Tj ET Q q 0 0 0 rg BT 520.56 411.75 Td (are ) Tj ET Q q 0 0 0 rg BT 537.57 411.75 Td (many ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 399.75 Td (transactions ) Tj ET Q q 0 0 0 rg BT 106.40 399.75 Td (and ) Tj ET Q q 0 0 0 rg BT 125.57 399.75 Td (calculations ) Tj ET Q q 0 0 0 rg BT 180.30 399.75 Td (for ) Tj ET Q q 0 0 0 rg BT 194.45 399.75 Td (which ) Tj ET Q q 0 0 0 rg BT 222.50 399.75 Td (the ) Tj ET Q q 0 0 0 rg BT 238.88 399.75 Td (ultimate ) Tj ET Q q 0 0 0 rg BT 276.38 399.75 Td (tax ) Tj ET Q q 0 0 0 rg BT 292.20 399.75 Td (determination ) Tj ET Q q 0 0 0 rg BT 355.28 399.75 Td (is ) Tj ET Q q 0 0 0 rg BT 364.98 399.75 Td (uncertain. ) Tj ET Q q 0 0 0 rg BT 410.89 399.75 Td (Although ) Tj ET Q q 0 0 0 rg BT 452.85 399.75 Td (we ) Tj ET Q q 0 0 0 rg BT 468.11 399.75 Td (believe ) Tj ET Q q 0 0 0 rg BT 502.28 399.75 Td (our ) Tj ET Q q 0 0 0 rg BT 519.22 399.75 Td (estimates ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 387.75 Td (are ) Tj ET Q q 0 0 0 rg BT 67.31 387.75 Td (reasonable, ) Tj ET Q q 0 0 0 rg BT 122.43 387.75 Td (the ) Tj ET Q q 0 0 0 rg BT 139.19 387.75 Td (ultimate ) Tj ET Q q 0 0 0 rg BT 177.06 387.75 Td (tax ) Tj ET Q q 0 0 0 rg BT 193.26 387.75 Td (outcome ) Tj ET Q q 0 0 0 rg BT 234.47 387.75 Td (may ) Tj ET Q q 0 0 0 rg BT 256.22 387.75 Td (dif) Tj ET Q q 0 0 0 rg BT 266.61 387.75 Td (fer ) Tj ET Q q 0 0 0 rg BT 281.13 387.75 Td (from ) Tj ET Q q 0 0 0 rg BT 303.99 387.75 Td (the ) Tj ET Q q 0 0 0 rg BT 320.75 387.75 Td (amounts ) Tj ET Q q 0 0 0 rg BT 361.96 387.75 Td (recorded ) Tj ET Q q 0 0 0 rg BT 404.29 387.75 Td (in ) Tj ET Q q 0 0 0 rg BT 414.93 387.75 Td (our ) Tj ET Q q 0 0 0 rg BT 432.24 387.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 471.79 387.75 Td (statements ) Tj ET Q q 0 0 0 rg BT 523.56 387.75 Td (and ) Tj ET Q q 0 0 0 rg BT 543.10 387.75 Td (may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 375.75 Td (materially ) Tj ET Q q 0 0 0 rg BT 95.57 375.75 Td (af) Tj ET Q q 0 0 0 rg BT 103.73 375.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 122.62 375.75 Td (our ) Tj ET Q q 0 0 0 rg BT 139.85 375.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 179.32 375.75 Td (results ) Tj ET Q q 0 0 0 rg BT 211.55 375.75 Td (in ) Tj ET Q q 0 0 0 rg BT 222.11 375.75 Td (the ) Tj ET Q q 0 0 0 rg BT 238.79 375.75 Td (period ) Tj ET Q q 0 0 0 rg BT 269.37 375.75 Td (or ) Tj ET Q q 0 0 0 rg BT 281.04 375.75 Td (periods ) Tj ET Q q 0 0 0 rg BT 316.62 375.75 Td (for ) Tj ET Q q 0 0 0 rg BT 331.06 375.75 Td (which ) Tj ET Q q 0 0 0 rg BT 359.41 375.75 Td (such ) Tj ET Q q 0 0 0 rg BT 383.31 375.75 Td (determination ) Tj ET Q q 0 0 0 rg BT 446.68 375.75 Td (is ) Tj ET Q q 0 0 0 rg BT 456.68 375.75 Td (made.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 357.75 Td (Furthermore, ) Tj ET Q q 0 0 0 rg BT 133.34 357.75 Td (due ) Tj ET Q q 0 0 0 rg BT 152.58 357.75 Td (to ) Tj ET Q q 0 0 0 rg BT 163.46 357.75 Td (shifting ) Tj ET Q q 0 0 0 rg BT 197.70 357.75 Td (economic ) Tj ET Q q 0 0 0 rg BT 243.04 357.75 Td (and ) Tj ET Q q 0 0 0 rg BT 262.28 357.75 Td (political ) Tj ET Q q 0 0 0 rg BT 298.18 357.75 Td (conditions, ) Tj ET Q q 0 0 0 rg BT 348.53 357.75 Td (tax ) Tj ET Q q 0 0 0 rg BT 364.42 357.75 Td (policies, ) Tj ET Q q 0 0 0 rg BT 403.10 357.75 Td (laws, ) Tj ET Q q 0 0 0 rg BT 428.43 357.75 Td (or ) Tj ET Q q 0 0 0 rg BT 439.87 357.75 Td (rates ) Tj ET Q q 0 0 0 rg BT 464.65 357.75 Td (in ) Tj ET Q q 0 0 0 rg BT 474.98 357.75 Td (various ) Tj ET Q q 0 0 0 rg BT 509.77 357.75 Td (jurisdictions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 345.75 Td (may ) Tj ET Q q 0 0 0 rg BT 72.03 345.75 Td (be ) Tj ET Q q 0 0 0 rg BT 86.28 345.75 Td (subject ) Tj ET Q q 0 0 0 rg BT 121.10 345.75 Td (to ) Tj ET Q q 0 0 0 rg BT 132.57 345.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 180.18 345.75 Td (changes ) Tj ET Q q 0 0 0 rg BT 221.12 345.75 Td (in ) Tj ET Q q 0 0 0 rg BT 232.03 345.75 Td (ways ) Tj ET Q q 0 0 0 rg BT 257.95 345.75 Td (that ) Tj ET Q q 0 0 0 rg BT 277.76 345.75 Td (impair ) Tj ET Q q 0 0 0 rg BT 308.13 345.75 Td (our ) Tj ET Q q 0 0 0 rg BT 325.71 345.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 365.54 345.75 Td (results. ) Tj ET Q q 0 0 0 rg BT 400.90 345.75 Td (In ) Tj ET Q q 0 0 0 rg BT 412.37 345.75 Td (particular) Tj ET Q q 0 0 0 rg BT 452.95 345.75 Td (, ) Tj ET Q q 0 0 0 rg BT 458.86 345.75 Td (France, ) Tj ET Q q 0 0 0 rg BT 495.90 345.75 Td (Italy) Tj ET Q q 0 0 0 rg BT 513.50 345.75 Td (, ) Tj ET Q q 0 0 0 rg BT 519.41 345.75 Td (and ) Tj ET Q q 0 0 0 rg BT 539.23 345.75 Td (other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 333.75 Td (countries ) Tj ET Q q 0 0 0 rg BT 94.51 333.75 Td (have ) Tj ET Q q 0 0 0 rg BT 120.12 333.75 Td (enacted ) Tj ET Q q 0 0 0 rg BT 159.64 333.75 Td (or ) Tj ET Q q 0 0 0 rg BT 172.46 333.75 Td (are ) Tj ET Q q 0 0 0 rg BT 190.84 333.75 Td (considering ) Tj ET Q q 0 0 0 rg BT 245.92 333.75 Td (digital ) Tj ET Q q 0 0 0 rg BT 275.97 333.75 Td (services ) Tj ET Q q 0 0 0 rg BT 316.58 333.75 Td (taxes, ) Tj ET Q q 0 0 0 rg BT 347.19 333.75 Td (which ) Tj ET Q q 0 0 0 rg BT 376.68 333.75 Td (could ) Tj ET Q q 0 0 0 rg BT 404.52 333.75 Td (lead ) Tj ET Q q 0 0 0 rg BT 427.36 333.75 Td (to ) Tj ET Q q 0 0 0 rg BT 439.63 333.75 Td (inconsistent ) Tj ET Q q 0 0 0 rg BT 496.37 333.75 Td (and ) Tj ET Q q 0 0 0 rg BT 516.98 333.75 Td (potentially ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 321.75 Td (overlapping ) Tj ET Q q 0 0 0 rg BT 103.48 321.75 Td (international ) Tj ET Q q 0 0 0 rg BT 159.73 321.75 Td (tax ) Tj ET Q q 0 0 0 rg BT 174.85 321.75 Td (regimes. ) Tj ET Q q 0 0 0 rg BT 214.85 321.75 Td (The ) Tj ET Q q 0 0 0 rg BT 233.85 321.75 Td (Organization ) Tj ET Q q 0 0 0 rg BT 292.32 321.75 Td (for ) Tj ET Q q 0 0 0 rg BT 305.77 321.75 Td (Economic ) Tj ET Q q 0 0 0 rg BT 351.45 321.75 Td (Cooperation ) Tj ET Q q 0 0 0 rg BT 407.70 321.75 Td (and ) Tj ET Q q 0 0 0 rg BT 426.16 321.75 Td (Development ) Tj ET Q q 0 0 0 rg BT 486.85 321.75 Td (recently ) Tj ET Q q 0 0 0 rg BT 523.64 321.75 Td (released ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 309.75 Td (a ) Tj ET Q q 0 0 0 rg BT 58.94 309.75 Td (proposal ) Tj ET Q q 0 0 0 rg BT 100.68 309.75 Td (relating ) Tj ET Q q 0 0 0 rg BT 136.86 309.75 Td (to ) Tj ET Q q 0 0 0 rg BT 148.58 309.75 Td (its ) Tj ET Q q 0 0 0 rg BT 161.96 309.75 Td (initiative ) Tj ET Q q 0 0 0 rg BT 201.47 309.75 Td (for ) Tj ET Q q 0 0 0 rg BT 216.52 309.75 Td (modernizing ) Tj ET Q q 0 0 0 rg BT 274.38 309.75 Td (international ) Tj ET Q q 0 0 0 rg BT 332.24 309.75 Td (tax ) Tj ET Q q 0 0 0 rg BT 348.96 309.75 Td (rules, ) Tj ET Q q 0 0 0 rg BT 376.79 309.75 Td (with ) Tj ET Q q 0 0 0 rg BT 397.96 309.75 Td (the ) Tj ET Q q 0 0 0 rg BT 415.24 309.75 Td (goal ) Tj ET Q q 0 0 0 rg BT 437.53 309.75 Td (of ) Tj ET Q q 0 0 0 rg BT 449.25 309.75 Td (having ) Tj ET Q q 0 0 0 rg BT 482.10 309.75 Td (dif) Tj ET Q q 0 0 0 rg BT 492.48 309.75 Td (ferent ) Tj ET Q q 0 0 0 rg BT 521.43 309.75 Td (countries ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 297.75 Td (enact ) Tj ET Q q 0 0 0 rg BT 77.24 297.75 Td (legislation ) Tj ET Q q 0 0 0 rg BT 124.50 297.75 Td (to ) Tj ET Q q 0 0 0 rg BT 135.61 297.75 Td (implement ) Tj ET Q q 0 0 0 rg BT 184.52 297.75 Td (a ) Tj ET Q q 0 0 0 rg BT 192.86 297.75 Td (modernized ) Tj ET Q q 0 0 0 rg BT 247.89 297.75 Td (and ) Tj ET Q q 0 0 0 rg BT 267.36 297.75 Td (aligned ) Tj ET Q q 0 0 0 rg BT 302.39 297.75 Td (international ) Tj ET Q q 0 0 0 rg BT 359.65 297.75 Td (tax ) Tj ET Q q 0 0 0 rg BT 375.77 297.75 Td (framework, ) Tj ET Q q 0 0 0 rg BT 428.00 297.75 Td (but ) Tj ET Q q 0 0 0 rg BT 444.69 297.75 Td (there ) Tj ET Q q 0 0 0 rg BT 470.26 297.75 Td (can ) Tj ET Q q 0 0 0 rg BT 489.16 297.75 Td (be ) Tj ET Q q 0 0 0 rg BT 503.06 297.75 Td (no ) Tj ET Q q 0 0 0 rg BT 516.97 297.75 Td (guarantee ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 285.75 Td (that ) Tj ET Q q 0 0 0 rg BT 69.46 285.75 Td (this ) Tj ET Q q 0 0 0 rg BT 87.80 285.75 Td (will ) Tj ET Q q 0 0 0 rg BT 104.46 285.75 Td (occur) Tj ET Q q 0 0 0 rg BT 128.36 285.75 Td (. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 73.00 267.75 Td (The ) Tj ET Q q 0 0 0 rg BT 93.77 267.75 Td (trading ) Tj ET Q q 0 0 0 rg BT 130.64 267.75 Td (price ) Tj ET Q q 0 0 0 rg BT 157.53 267.75 Td (for ) Tj ET Q q 0 0 0 rg BT 173.85 267.75 Td (our ) Tj ET Q q 0 0 0 rg BT 192.95 267.75 Td (Class ) Tj ET Q q 0 0 0 rg BT 222.22 267.75 Td (A) Tj ET Q q 0 0 0 rg BT 229.07 267.75 Td ( ) Tj ET Q q 0 0 0 rg BT 232.06 267.75 Td (common ) Tj ET Q q 0 0 0 rg BT 276.72 267.75 Td (stock ) Tj ET Q q 0 0 0 rg BT 305.83 267.75 Td (and ) Tj ET Q q 0 0 0 rg BT 326.60 267.75 Td (non-voting ) Tj ET Q q 0 0 0 rg BT 381.24 267.75 Td (Class ) Tj ET Q q 0 0 0 rg BT 410.91 267.75 Td (C ) Tj ET Q q 0 0 0 rg BT 421.12 267.75 Td (capital ) Tj ET Q q 0 0 0 rg BT 455.79 267.75 Td (stock ) Tj ET Q q 0 0 0 rg BT 484.90 267.75 Td (may ) Tj ET Q q 0 0 0 rg BT 507.91 267.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 552.56 267.75 Td (to ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 255.75 Td (be ) Tj ET Q q 0 0 0 rg BT 64.45 255.75 Td (volatile. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 237.75 Td (The ) Tj ET Q q 0 0 0 rg BT 92.38 237.75 Td (trading ) Tj ET Q q 0 0 0 rg BT 125.11 237.75 Td (price ) Tj ET Q q 0 0 0 rg BT 148.94 237.75 Td (of ) Tj ET Q q 0 0 0 rg BT 159.43 237.75 Td (our ) Tj ET Q q 0 0 0 rg BT 176.04 237.75 Td (stock ) Tj ET Q q 0 0 0 rg BT 201.53 237.75 Td (has ) Tj ET Q q 0 0 0 rg BT 219.81 237.75 Td (at ) Tj ET Q q 0 0 0 rg BT 230.30 237.75 Td (times ) Tj ET Q q 0 0 0 rg BT 256.35 237.75 Td (experienced ) Tj ET Q q 0 0 0 rg BT 312.98 237.75 Td (substantial ) Tj ET Q q 0 0 0 rg BT 362.94 237.75 Td (price ) Tj ET Q q 0 0 0 rg BT 386.77 237.75 Td (volatility ) Tj ET Q q 0 0 0 rg BT 424.49 237.75 Td (and ) Tj ET Q q 0 0 0 rg BT 443.33 237.75 Td (may ) Tj ET Q q 0 0 0 rg BT 464.37 237.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 504.33 237.75 Td (to ) Tj ET Q q 0 0 0 rg BT 514.82 237.75 Td (be ) Tj ET Q q 0 0 0 rg BT 528.10 237.75 Td (volatile. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 225.75 Td (For ) Tj ET Q q 0 0 0 rg BT 67.01 225.75 Td (example, ) Tj ET Q q 0 0 0 rg BT 109.60 225.75 Td (from ) Tj ET Q q 0 0 0 rg BT 131.62 225.75 Td (January ) Tj ET Q q 0 0 0 rg BT 169.21 225.75 Td (1, ) Tj ET Q q 0 0 0 rg BT 179.56 225.75 Td (2019 ) Tj ET Q q 0 0 0 rg BT 203.82 225.75 Td (through ) Tj ET Q q 0 0 0 rg BT 239.75 225.75 Td (December ) Tj ET Q q 0 0 0 rg BT 287.89 225.75 Td (31, ) Tj ET Q q 0 0 0 rg BT 303.80 225.75 Td (2019, ) Tj ET Q q 0 0 0 rg BT 330.84 225.75 Td (the ) Tj ET Q q 0 0 0 rg BT 346.75 225.75 Td (closing ) Tj ET Q q 0 0 0 rg BT 379.90 225.75 Td (price ) Tj ET Q q 0 0 0 rg BT 403.58 225.75 Td (of ) Tj ET Q q 0 0 0 rg BT 413.94 225.75 Td (our ) Tj ET Q q 0 0 0 rg BT 430.40 225.75 Td (Class ) Tj ET Q q 0 0 0 rg BT 457.02 225.75 Td (A) Tj ET Q q 0 0 0 rg BT 463.14 225.75 Td ( ) Tj ET Q q 0 0 0 rg BT 465.15 225.75 Td (common ) Tj ET Q q 0 0 0 rg BT 505.51 225.75 Td (stock ) Tj ET Q q 0 0 0 rg BT 530.86 225.75 Td (ranged ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 213.75 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.75 213.75 Td ($1,025.47) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 118.23 213.75 Td ( ) Tj ET Q q 0 0 0 rg BT 121.98 213.75 Td (per ) Tj ET Q q 0 0 0 rg BT 140.18 213.75 Td (share ) Tj ET Q q 0 0 0 rg BT 168.94 213.75 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.03 213.75 Td ($1,362.47) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.52 213.75 Td ( ) Tj ET Q q 0 0 0 rg BT 229.26 213.75 Td (per ) Tj ET Q q 0 0 0 rg BT 247.46 213.75 Td (share, ) Tj ET Q q 0 0 0 rg BT 279.00 213.75 Td (and ) Tj ET Q q 0 0 0 rg BT 299.44 213.75 Td (the ) Tj ET Q q 0 0 0 rg BT 317.08 213.75 Td (closing ) Tj ET Q q 0 0 0 rg BT 351.96 213.75 Td (price ) Tj ET Q q 0 0 0 rg BT 377.38 213.75 Td (of ) Tj ET Q q 0 0 0 rg BT 389.47 213.75 Td (our ) Tj ET Q q 0 0 0 rg BT 407.67 213.75 Td (Class ) Tj ET Q q 0 0 0 rg BT 436.42 213.75 Td (C ) Tj ET Q q 0 0 0 rg BT 447.39 213.75 Td (capital ) Tj ET Q q 0 0 0 rg BT 480.04 213.75 Td (stock ) Tj ET Q q 0 0 0 rg BT 507.13 213.75 Td (ranged ) Tj ET Q q 0 0 0 rg BT 542.01 213.75 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 201.75 Td ($1,016.06) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 94.49 201.75 Td ( ) Tj ET Q q 0 0 0 rg BT 97.27 201.75 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.38 201.75 Td ($1,361.17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 152.87 201.75 Td ( ) Tj ET Q q 0 0 0 rg BT 155.65 201.75 Td (per ) Tj ET Q q 0 0 0 rg BT 172.88 201.75 Td (share.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.00 183.75 Td (In ) Tj ET Q q 0 0 0 rg BT 84.67 183.75 Td (addition ) Tj ET Q q 0 0 0 rg BT 123.04 183.75 Td (to ) Tj ET Q q 0 0 0 rg BT 134.71 183.75 Td (the ) Tj ET Q q 0 0 0 rg BT 151.94 183.75 Td (factors ) Tj ET Q q 0 0 0 rg BT 185.29 183.75 Td (discussed ) Tj ET Q q 0 0 0 rg BT 233.09 183.75 Td (in ) Tj ET Q q 0 0 0 rg BT 244.20 183.75 Td (this ) Tj ET Q q 0 0 0 rg BT 263.10 183.75 Td (report, ) Tj ET Q q 0 0 0 rg BT 295.33 183.75 Td (the ) Tj ET Q q 0 0 0 rg BT 312.57 183.75 Td (trading ) Tj ET Q q 0 0 0 rg BT 346.47 183.75 Td (price ) Tj ET Q q 0 0 0 rg BT 371.48 183.75 Td (of ) Tj ET Q q 0 0 0 rg BT 383.16 183.75 Td (our ) Tj ET Q q 0 0 0 rg BT 400.94 183.75 Td (Class ) Tj ET Q q 0 0 0 rg BT 428.62 183.75 Td (A) Tj ET Q q 0 0 0 rg BT 434.74 183.75 Td ( ) Tj ET Q q 0 0 0 rg BT 438.07 183.75 Td (common ) Tj ET Q q 0 0 0 rg BT 479.75 183.75 Td (stock ) Tj ET Q q 0 0 0 rg BT 506.42 183.75 Td (and ) Tj ET Q q 0 0 0 rg BT 526.44 183.75 Td (Class ) Tj ET Q q 0 0 0 rg BT 554.77 183.75 Td (C ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 171.75 Td (capital ) Tj ET Q q 0 0 0 rg BT 82.31 171.75 Td (stock ) Tj ET Q q 0 0 0 rg BT 109.06 171.75 Td (may ) Tj ET Q q 0 0 0 rg BT 131.35 171.75 Td (fluctuate ) Tj ET Q q 0 0 0 rg BT 172.56 171.75 Td (widely ) Tj ET Q q 0 0 0 rg BT 203.75 171.75 Td (in ) Tj ET Q q 0 0 0 rg BT 214.94 171.75 Td (response ) Tj ET Q q 0 0 0 rg BT 259.49 171.75 Td (to ) Tj ET Q q 0 0 0 rg BT 271.23 171.75 Td (various ) Tj ET Q q 0 0 0 rg BT 306.87 171.75 Td (factors, ) Tj ET Q q 0 0 0 rg BT 343.07 171.75 Td (many ) Tj ET Q q 0 0 0 rg BT 370.92 171.75 Td (of ) Tj ET Q q 0 0 0 rg BT 382.67 171.75 Td (which ) Tj ET Q q 0 0 0 rg BT 411.64 171.75 Td (are ) Tj ET Q q 0 0 0 rg BT 429.50 171.75 Td (beyond ) Tj ET Q q 0 0 0 rg BT 465.71 171.75 Td (our ) Tj ET Q q 0 0 0 rg BT 483.57 171.75 Td (control, ) Tj ET Q q 0 0 0 rg BT 519.77 171.75 Td (including, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 159.75 Td (among ) Tj ET Q q 0 0 0 rg BT 83.35 159.75 Td (others:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 141.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 141.75 Td (Quarterly ) Tj ET Q q 0 0 0 rg BT 129.90 141.75 Td (variations ) Tj ET Q q 0 0 0 rg BT 175.48 141.75 Td (in ) Tj ET Q q 0 0 0 rg BT 186.04 141.75 Td (our ) Tj ET Q q 0 0 0 rg BT 203.27 141.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 247.75 141.75 Td (results ) Tj ET Q q 0 0 0 rg BT 279.98 141.75 Td (or ) Tj ET Q q 0 0 0 rg BT 291.65 141.75 Td (those ) Tj ET Q q 0 0 0 rg BT 318.89 141.75 Td (of ) Tj ET Q q 0 0 0 rg BT 330.01 141.75 Td (our ) Tj ET Q q 0 0 0 rg BT 347.24 141.75 Td (competitors.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 123.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 123.75 Td (Announcements ) Tj ET Q q 0 0 0 rg BT 160.84 123.75 Td (by ) Tj ET Q q 0 0 0 rg BT 173.96 123.75 Td (us ) Tj ET Q q 0 0 0 rg BT 187.09 123.75 Td (or ) Tj ET Q q 0 0 0 rg BT 198.55 123.75 Td (our ) Tj ET Q q 0 0 0 rg BT 215.57 123.75 Td (competitors ) Tj ET Q q 0 0 0 rg BT 269.82 123.75 Td (of ) Tj ET Q q 0 0 0 rg BT 280.72 123.75 Td (acquisitions, ) Tj ET Q q 0 0 0 rg BT 338.32 123.75 Td (divestitures, ) Tj ET Q q 0 0 0 rg BT 394.24 123.75 Td (investments, ) Tj ET Q q 0 0 0 rg BT 452.93 123.75 Td (new ) Tj ET Q q 0 0 0 rg BT 473.84 123.75 Td (products, ) Tj ET Q q 0 0 0 rg BT 517.54 123.75 Td (significant ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 111.75 Td (contracts, ) Tj ET Q q 0 0 0 rg BT 132.13 111.75 Td (commercial ) Tj ET Q q 0 0 0 rg BT 186.02 111.75 Td (relationships, ) Tj ET Q q 0 0 0 rg BT 247.72 111.75 Td (or ) Tj ET Q q 0 0 0 rg BT 259.39 111.75 Td (capital ) Tj ET Q q 0 0 0 rg BT 291.08 111.75 Td (commitments.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 93.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 93.75 Td (Recommendations ) Tj ET Q q 0 0 0 rg BT 172.15 93.75 Td (by ) Tj ET Q q 0 0 0 rg BT 185.49 93.75 Td (securities ) Tj ET Q q 0 0 0 rg BT 230.51 93.75 Td (analysts ) Tj ET Q q 0 0 0 rg BT 269.97 93.75 Td (or ) Tj ET Q q 0 0 0 rg BT 281.64 93.75 Td (changes ) Tj ET Q q 0 0 0 rg BT 322.23 93.75 Td (in ) Tj ET Q q 0 0 0 rg BT 332.79 93.75 Td (earnings ) Tj ET Q q 0 0 0 rg BT 373.92 93.75 Td (estimates.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 75.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 75.75 Td (Announcements ) Tj ET Q q 0 0 0 rg BT 160.31 75.75 Td (about ) Tj ET Q q 0 0 0 rg BT 187.37 75.75 Td (our ) Tj ET Q q 0 0 0 rg BT 203.86 75.75 Td (earnings ) Tj ET Q q 0 0 0 rg BT 244.25 75.75 Td (that ) Tj ET Q q 0 0 0 rg BT 262.97 75.75 Td (are ) Tj ET Q q 0 0 0 rg BT 279.46 75.75 Td (not ) Tj ET Q q 0 0 0 rg BT 295.39 75.75 Td (in ) Tj ET Q q 0 0 0 rg BT 305.21 75.75 Td (line ) Tj ET Q q 0 0 0 rg BT 322.82 75.75 Td (with ) Tj ET Q q 0 0 0 rg BT 342.64 75.75 Td (analyst ) Tj ET Q q 0 0 0 rg BT 376.36 75.75 Td (expectations, ) Tj ET Q q 0 0 0 rg BT 437.32 75.75 Td (the ) Tj ET Q q 0 0 0 rg BT 453.26 75.75 Td (risk ) Tj ET Q q 0 0 0 rg BT 470.84 75.75 Td (of ) Tj ET Q q 0 0 0 rg BT 481.22 75.75 Td (which ) Tj ET Q q 0 0 0 rg BT 508.82 75.75 Td (is ) Tj ET Q q 0 0 0 rg BT 518.08 75.75 Td (enhanced ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 63.75 Td (because ) Tj ET Q q 0 0 0 rg BT 126.59 63.75 Td (it ) Tj ET Q q 0 0 0 rg BT 134.36 63.75 Td (is ) Tj ET Q q 0 0 0 rg BT 144.36 63.75 Td (our ) Tj ET Q q 0 0 0 rg BT 161.60 63.75 Td (policy ) Tj ET Q q 0 0 0 rg BT 189.94 63.75 Td (not ) Tj ET Q q 0 0 0 rg BT 206.62 63.75 Td (to ) Tj ET Q q 0 0 0 rg BT 217.74 63.75 Td (give ) Tj ET Q q 0 0 0 rg BT 238.86 63.75 Td (guidance ) Tj ET Q q 0 0 0 rg BT 282.23 63.75 Td (on ) Tj ET Q q 0 0 0 rg BT 296.13 63.75 Td (earnings.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 45.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 45.75 Td (Announcements ) Tj ET Q q 0 0 0 rg BT 161.05 45.75 Td (by ) Tj ET Q q 0 0 0 rg BT 174.39 45.75 Td (our ) Tj ET Q q 0 0 0 rg BT 191.62 45.75 Td (competitors ) Tj ET Q q 0 0 0 rg BT 246.08 45.75 Td (of ) Tj ET Q q 0 0 0 rg BT 257.20 45.75 Td (their ) Tj ET Q q 0 0 0 rg BT 279.43 45.75 Td (earnings ) Tj ET Q q 0 0 0 rg BT 320.57 45.75 Td (that ) Tj ET Q q 0 0 0 rg BT 340.03 45.75 Td (are ) Tj ET Q q 0 0 0 rg BT 357.26 45.75 Td (not ) Tj ET Q q 0 0 0 rg BT 373.94 45.75 Td (in ) Tj ET Q q 0 0 0 rg BT 384.50 45.75 Td (line ) Tj ET Q q 0 0 0 rg BT 402.85 45.75 Td (with ) Tj ET Q q 0 0 0 rg BT 423.41 45.75 Td (analyst ) Tj ET Q q 0 0 0 rg BT 457.87 45.75 Td (expectations.) Tj ET Q endstream endobj 47 0 obj <>] /Rotate 0 /Contents 48 0 R>> endobj 48 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 53 767.11455078125 m 123.04443359375 767.11455078125 l s q 0 0 1 rg BT 53.00 768.40 Td (T) Tj ET Q q 0 0 1 rg BT 57.50 768.40 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.396078431372549 0.396078431372549 0.396078431372549 rg BT 500.45 768.40 Td (Alphabet Inc.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.40 31.25 Td (22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 741.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 741.75 Td (Commentary ) Tj ET Q q 0 0 0 rg BT 145.53 741.75 Td (by ) Tj ET Q q 0 0 0 rg BT 158.39 741.75 Td (industry ) Tj ET Q q 0 0 0 rg BT 195.70 741.75 Td (and ) Tj ET Q q 0 0 0 rg BT 214.68 741.75 Td (market ) Tj ET Q q 0 0 0 rg BT 247.54 741.75 Td (professionals ) Tj ET Q q 0 0 0 rg BT 308.75 741.75 Td (about ) Tj ET Q q 0 0 0 rg BT 336.07 741.75 Td (our ) Tj ET Q q 0 0 0 rg BT 352.82 741.75 Td (products, ) Tj ET Q q 0 0 0 rg BT 396.25 741.75 Td (strategies, ) Tj ET Q q 0 0 0 rg BT 444.68 741.75 Td (and ) Tj ET Q q 0 0 0 rg BT 463.66 741.75 Td (other ) Tj ET Q q 0 0 0 rg BT 488.75 741.75 Td (matters ) Tj ET Q q 0 0 0 rg BT 524.38 741.75 Td (af) Tj ET Q q 0 0 0 rg BT 532.54 741.75 Td (fecting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 729.75 Td (our ) Tj ET Q q 0 0 0 rg BT 103.23 729.75 Td (business ) Tj ET Q q 0 0 0 rg BT 145.48 729.75 Td (and ) Tj ET Q q 0 0 0 rg BT 164.94 729.75 Td (results, ) Tj ET Q q 0 0 0 rg BT 199.95 729.75 Td (regardless ) Tj ET Q q 0 0 0 rg BT 249.42 729.75 Td (of ) Tj ET Q q 0 0 0 rg BT 260.54 729.75 Td (its ) Tj ET Q q 0 0 0 rg BT 273.31 729.75 Td (accuracy) Tj ET Q q 0 0 0 rg BT 312.59 729.75 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 711.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 711.75 Td (The ) Tj ET Q q 0 0 0 rg BT 106.01 711.75 Td (volume ) Tj ET Q q 0 0 0 rg BT 141.02 711.75 Td (of ) Tj ET Q q 0 0 0 rg BT 152.14 711.75 Td (shares ) Tj ET Q q 0 0 0 rg BT 184.94 711.75 Td (of ) Tj ET Q q 0 0 0 rg BT 196.05 711.75 Td (Class ) Tj ET Q q 0 0 0 rg BT 223.29 711.75 Td (A) Tj ET Q q 0 0 0 rg BT 229.40 711.75 Td ( ) Tj ET Q q 0 0 0 rg BT 232.18 711.75 Td (common ) Tj ET Q q 0 0 0 rg BT 273.30 711.75 Td (stock ) Tj ET Q q 0 0 0 rg BT 299.42 711.75 Td (and ) Tj ET Q q 0 0 0 rg BT 318.89 711.75 Td (Class ) Tj ET Q q 0 0 0 rg BT 346.67 711.75 Td (C ) Tj ET Q q 0 0 0 rg BT 356.67 711.75 Td (capital ) Tj ET Q q 0 0 0 rg BT 388.35 711.75 Td (stock ) Tj ET Q q 0 0 0 rg BT 414.47 711.75 Td (available ) Tj ET Q q 0 0 0 rg BT 456.72 711.75 Td (for ) Tj ET Q q 0 0 0 rg BT 471.17 711.75 Td (public ) Tj ET Q q 0 0 0 rg BT 500.08 711.75 Td (sale.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 693.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 693.75 Td (Sales ) Tj ET Q q 0 0 0 rg BT 113.36 693.75 Td (of ) Tj ET Q q 0 0 0 rg BT 124.04 693.75 Td (Class ) Tj ET Q q 0 0 0 rg BT 150.92 693.75 Td (A) Tj ET Q q 0 0 0 rg BT 157.04 693.75 Td ( ) Tj ET Q q 0 0 0 rg BT 159.38 693.75 Td (common ) Tj ET Q q 0 0 0 rg BT 200.06 693.75 Td (stock ) Tj ET Q q 0 0 0 rg BT 225.75 693.75 Td (and ) Tj ET Q q 0 0 0 rg BT 244.77 693.75 Td (Class ) Tj ET Q q 0 0 0 rg BT 272.12 693.75 Td (C ) Tj ET Q q 0 0 0 rg BT 281.68 693.75 Td (capital ) Tj ET Q q 0 0 0 rg BT 312.93 693.75 Td (stock ) Tj ET Q q 0 0 0 rg BT 338.61 693.75 Td (by ) Tj ET Q q 0 0 0 rg BT 351.51 693.75 Td (us ) Tj ET Q q 0 0 0 rg BT 364.41 693.75 Td (or ) Tj ET Q q 0 0 0 rg BT 375.65 693.75 Td (by ) Tj ET Q q 0 0 0 rg BT 388.55 693.75 Td (our ) Tj ET Q q 0 0 0 rg BT 405.34 693.75 Td (stockholders ) Tj ET Q q 0 0 0 rg BT 463.82 693.75 Td (\(including ) Tj ET Q q 0 0 0 rg BT 508.97 693.75 Td (sales ) Tj ET Q q 0 0 0 rg BT 534.65 693.75 Td (by ) Tj ET Q q 0 0 0 rg BT 547.56 693.75 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 681.75 Td (directors, ) Tj ET Q q 0 0 0 rg BT 129.90 681.75 Td (executive ) Tj ET Q q 0 0 0 rg BT 174.93 681.75 Td (of) Tj ET Q q 0 0 0 rg BT 183.08 681.75 Td (ficers, ) Tj ET Q q 0 0 0 rg BT 212.53 681.75 Td (and ) Tj ET Q q 0 0 0 rg BT 232.00 681.75 Td (other ) Tj ET Q q 0 0 0 rg BT 257.57 681.75 Td (employees\).) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 663.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 663.75 Td (Short ) Tj ET Q q 0 0 0 rg BT 112.63 663.75 Td (sales, ) Tj ET Q q 0 0 0 rg BT 141.47 663.75 Td (hedging, ) Tj ET Q q 0 0 0 rg BT 182.57 663.75 Td (and ) Tj ET Q q 0 0 0 rg BT 201.97 663.75 Td (other ) Tj ET Q q 0 0 0 rg BT 227.49 663.75 Td (derivative ) Tj ET Q q 0 0 0 rg BT 273.01 663.75 Td (transactions ) Tj ET Q q 0 0 0 rg BT 329.65 663.75 Td (on ) Tj ET Q q 0 0 0 rg BT 343.50 663.75 Td (shares ) Tj ET Q q 0 0 0 rg BT 376.24 663.75 Td (of ) Tj ET Q q 0 0 0 rg BT 387.30 663.75 Td (our ) Tj ET Q q 0 0 0 rg BT 404.48 663.75 Td (Class ) Tj ET Q q 0 0 0 rg BT 431.67 663.75 Td (A) Tj ET Q q 0 0 0 rg BT 437.79 663.75 Td ( ) Tj ET Q q 0 0 0 rg BT 440.51 663.75 Td (common ) Tj ET Q q 0 0 0 rg BT 481.58 663.75 Td (stock ) Tj ET Q q 0 0 0 rg BT 507.64 663.75 Td (and ) Tj ET Q q 0 0 0 rg BT 527.05 663.75 Td (Class ) Tj ET Q q 0 0 0 rg BT 554.78 663.75 Td (C ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 651.75 Td (capital ) Tj ET Q q 0 0 0 rg BT 117.68 651.75 Td (stock.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 633.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 633.75 Td (The ) Tj ET Q q 0 0 0 rg BT 106.01 633.75 Td (perceived ) Tj ET Q q 0 0 0 rg BT 152.15 633.75 Td (values ) Tj ET Q q 0 0 0 rg BT 183.83 633.75 Td (of ) Tj ET Q q 0 0 0 rg BT 194.95 633.75 Td (Class ) Tj ET Q q 0 0 0 rg BT 222.18 633.75 Td (A) Tj ET Q q 0 0 0 rg BT 228.30 633.75 Td ( ) Tj ET Q q 0 0 0 rg BT 231.08 633.75 Td (common ) Tj ET Q q 0 0 0 rg BT 272.20 633.75 Td (stock ) Tj ET Q q 0 0 0 rg BT 298.32 633.75 Td (and ) Tj ET Q q 0 0 0 rg BT 317.78 633.75 Td (Class ) Tj ET Q q 0 0 0 rg BT 345.57 633.75 Td (C ) Tj ET Q q 0 0 0 rg BT 355.57 633.75 Td (capital ) Tj ET Q q 0 0 0 rg BT 387.25 633.75 Td (stock ) Tj ET Q q 0 0 0 rg BT 413.37 633.75 Td (relative ) Tj ET Q q 0 0 0 rg BT 448.38 633.75 Td (to ) Tj ET Q q 0 0 0 rg BT 459.50 633.75 Td (one ) Tj ET Q q 0 0 0 rg BT 478.96 633.75 Td (another) Tj ET Q q 0 0 0 rg BT 512.33 633.75 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 615.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 615.75 Td (Any ) Tj ET Q q 0 0 0 rg BT 106.01 615.75 Td (share ) Tj ET Q q 0 0 0 rg BT 133.80 615.75 Td (repurchase ) Tj ET Q q 0 0 0 rg BT 186.61 615.75 Td (program.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 597.75 Td (In ) Tj ET Q q 0 0 0 rg BT 83.16 597.75 Td (addition, ) Tj ET Q q 0 0 0 rg BT 123.28 597.75 Td (the ) Tj ET Q q 0 0 0 rg BT 139.50 597.75 Td (stock ) Tj ET Q q 0 0 0 rg BT 165.16 597.75 Td (market ) Tj ET Q q 0 0 0 rg BT 198.04 597.75 Td (in ) Tj ET Q q 0 0 0 rg BT 208.14 597.75 Td (general, ) Tj ET Q q 0 0 0 rg BT 246.60 597.75 Td (which ) Tj ET Q q 0 0 0 rg BT 274.48 597.75 Td (can ) Tj ET Q q 0 0 0 rg BT 292.93 597.75 Td (be ) Tj ET Q q 0 0 0 rg BT 306.37 597.75 Td (af) Tj ET Q q 0 0 0 rg BT 314.53 597.75 Td (fected ) Tj ET Q q 0 0 0 rg BT 344.09 597.75 Td (by ) Tj ET Q q 0 0 0 rg BT 356.97 597.75 Td (various ) Tj ET Q q 0 0 0 rg BT 391.52 597.75 Td (factors, ) Tj ET Q q 0 0 0 rg BT 426.63 597.75 Td (including ) Tj ET Q q 0 0 0 rg BT 468.42 597.75 Td (overall ) Tj ET Q q 0 0 0 rg BT 500.19 597.75 Td (economic ) Tj ET Q q 0 0 0 rg BT 545.31 597.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 585.75 Td (political ) Tj ET Q q 0 0 0 rg BT 85.17 585.75 Td (conditions, ) Tj ET Q q 0 0 0 rg BT 134.80 585.75 Td (and ) Tj ET Q q 0 0 0 rg BT 153.30 585.75 Td (the ) Tj ET Q q 0 0 0 rg BT 169.02 585.75 Td (market ) Tj ET Q q 0 0 0 rg BT 201.40 585.75 Td (for ) Tj ET Q q 0 0 0 rg BT 214.89 585.75 Td (technology ) Tj ET Q q 0 0 0 rg BT 265.08 585.75 Td (companies ) Tj ET Q q 0 0 0 rg BT 315.26 585.75 Td (in ) Tj ET Q q 0 0 0 rg BT 324.86 585.75 Td (particular) Tj ET Q q 0 0 0 rg BT 365.44 585.75 Td (, ) Tj ET Q q 0 0 0 rg BT 370.03 585.75 Td (have ) Tj ET Q q 0 0 0 rg BT 393.54 585.75 Td (experienced ) Tj ET Q q 0 0 0 rg BT 449.84 585.75 Td (extreme ) Tj ET Q q 0 0 0 rg BT 487.78 585.75 Td (price ) Tj ET Q q 0 0 0 rg BT 511.28 585.75 Td (and ) Tj ET Q q 0 0 0 rg BT 529.78 585.75 Td (volume ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 573.75 Td (fluctuations ) Tj ET Q q 0 0 0 rg BT 103.36 573.75 Td (that ) Tj ET Q q 0 0 0 rg BT 122.82 573.75 Td (have ) Tj ET Q q 0 0 0 rg BT 147.29 573.75 Td (often ) Tj ET Q q 0 0 0 rg BT 172.30 573.75 Td (been ) Tj ET Q q 0 0 0 rg BT 197.33 573.75 Td (unrelated ) Tj ET Q q 0 0 0 rg BT 241.81 573.75 Td (or ) Tj ET Q q 0 0 0 rg BT 253.48 573.75 Td (disproportionate ) Tj ET Q q 0 0 0 rg BT 327.97 573.75 Td (to ) Tj ET Q q 0 0 0 rg BT 339.09 573.75 Td (the ) Tj ET Q q 0 0 0 rg BT 355.77 573.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 400.24 573.75 Td (performance ) Tj ET Q q 0 0 0 rg BT 459.16 573.75 Td (of ) Tj ET Q q 0 0 0 rg BT 470.28 573.75 Td (those ) Tj ET Q q 0 0 0 rg BT 497.52 573.75 Td (companies.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 555.75 Td (These ) Tj ET Q q 0 0 0 rg BT 102.65 555.75 Td (broad ) Tj ET Q q 0 0 0 rg BT 130.58 555.75 Td (market ) Tj ET Q q 0 0 0 rg BT 163.50 555.75 Td (and ) Tj ET Q q 0 0 0 rg BT 182.54 555.75 Td (industry ) Tj ET Q q 0 0 0 rg BT 219.91 555.75 Td (factors ) Tj ET Q q 0 0 0 rg BT 252.28 555.75 Td (may ) Tj ET Q q 0 0 0 rg BT 273.53 555.75 Td (harm ) Tj ET Q q 0 0 0 rg BT 298.67 555.75 Td (the ) Tj ET Q q 0 0 0 rg BT 314.92 555.75 Td (market ) Tj ET Q q 0 0 0 rg BT 347.84 555.75 Td (price ) Tj ET Q q 0 0 0 rg BT 371.87 555.75 Td (of ) Tj ET Q q 0 0 0 rg BT 382.57 555.75 Td (our ) Tj ET Q q 0 0 0 rg BT 399.38 555.75 Td (Class ) Tj ET Q q 0 0 0 rg BT 426.27 555.75 Td (A) Tj ET Q q 0 0 0 rg BT 432.39 555.75 Td ( ) Tj ET Q q 0 0 0 rg BT 434.75 555.75 Td (common ) Tj ET Q q 0 0 0 rg BT 475.45 555.75 Td (stock ) Tj ET Q q 0 0 0 rg BT 501.14 555.75 Td (and ) Tj ET Q q 0 0 0 rg BT 520.19 555.75 Td (our ) Tj ET Q q 0 0 0 rg BT 537.00 555.75 Td (Class ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 543.75 Td (C ) Tj ET Q q 0 0 0 rg BT 60.00 543.75 Td (capital ) Tj ET Q q 0 0 0 rg BT 91.68 543.75 Td (stock, ) Tj ET Q q 0 0 0 rg BT 120.58 543.75 Td (regardless ) Tj ET Q q 0 0 0 rg BT 170.05 543.75 Td (of ) Tj ET Q q 0 0 0 rg BT 181.17 543.75 Td (our ) Tj ET Q q 0 0 0 rg BT 198.40 543.75 Td (actual ) Tj ET Q q 0 0 0 rg BT 227.86 543.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 272.34 543.75 Td (performance.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 520.47 Td (ITEM?B.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 103.00 520.47 Td (UNRESOL) Tj ET Q q 0 0 0 rg BT 151.15 520.47 Td (VED ST) Tj ET Q q 0 0 0 rg BT 186.53 520.47 Td (AFF COMMENTS) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 497.75 Td (Not ) Tj ET Q q 0 0 0 rg BT 90.84 497.75 Td (applicable.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 474.47 Td (ITEM?.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 103.00 474.47 Td (PROPERTIES) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 452.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 92.00 452.75 Td (headquarters ) Tj ET Q q 0 0 0 rg BT 153.76 452.75 Td (are ) Tj ET Q q 0 0 0 rg BT 171.04 452.75 Td (located ) Tj ET Q q 0 0 0 rg BT 206.12 452.75 Td (in ) Tj ET Q q 0 0 0 rg BT 216.73 452.75 Td (Mountain ) Tj ET Q q 0 0 0 rg BT 260.70 452.75 Td (V) Tj ET Q q 0 0 0 rg BT 267.19 452.75 Td (iew) Tj ET Q q 0 0 0 rg BT 281.64 452.75 Td (, ) Tj ET Q q 0 0 0 rg BT 287.25 452.75 Td (California. ) Tj ET Q q 0 0 0 rg BT 335.10 452.75 Td (W) Tj ET Q q 0 0 0 rg BT 344.36 452.75 Td (e ) Tj ET Q q 0 0 0 rg BT 352.75 452.75 Td (also ) Tj ET Q q 0 0 0 rg BT 373.93 452.75 Td (own ) Tj ET Q q 0 0 0 rg BT 395.10 452.75 Td (and ) Tj ET Q q 0 0 0 rg BT 414.62 452.75 Td (lease ) Tj ET Q q 0 0 0 rg BT 441.35 452.75 Td (of) Tj ET Q q 0 0 0 rg BT 449.51 452.75 Td (fice ) Tj ET Q q 0 0 0 rg BT 467.90 452.75 Td (and ) Tj ET Q q 0 0 0 rg BT 487.42 452.75 Td (building ) Tj ET Q q 0 0 0 rg BT 524.72 452.75 Td (space ) Tj ET Q q 0 0 0 rg BT 554.23 452.75 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 440.75 Td (the ) Tj ET Q q 0 0 0 rg BT 65.88 440.75 Td (surrounding ) Tj ET Q q 0 0 0 rg BT 120.67 440.75 Td (areas ) Tj ET Q q 0 0 0 rg BT 147.66 440.75 Td (near ) Tj ET Q q 0 0 0 rg BT 169.66 440.75 Td (our ) Tj ET Q q 0 0 0 rg BT 186.09 440.75 Td (headquarters, ) Tj ET Q q 0 0 0 rg BT 249.77 440.75 Td (which ) Tj ET Q q 0 0 0 rg BT 277.32 440.75 Td (we ) Tj ET Q q 0 0 0 rg BT 292.08 440.75 Td (believe ) Tj ET Q q 0 0 0 rg BT 325.75 440.75 Td (is ) Tj ET Q q 0 0 0 rg BT 334.95 440.75 Td (suf) Tj ET Q q 0 0 0 rg BT 348.11 440.75 Td (ficient ) Tj ET Q q 0 0 0 rg BT 376.21 440.75 Td (to ) Tj ET Q q 0 0 0 rg BT 386.52 440.75 Td (accommodate ) Tj ET Q q 0 0 0 rg BT 451.31 440.75 Td (anticipated ) Tj ET Q q 0 0 0 rg BT 501.66 440.75 Td (future ) Tj ET Q q 0 0 0 rg BT 529.21 440.75 Td (growth. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 428.75 Td (In ) Tj ET Q q 0 0 0 rg BT 61.27 428.75 Td (addition, ) Tj ET Q q 0 0 0 rg BT 102.01 428.75 Td (we ) Tj ET Q q 0 0 0 rg BT 117.72 428.75 Td (own ) Tj ET Q q 0 0 0 rg BT 139.00 428.75 Td (and ) Tj ET Q q 0 0 0 rg BT 158.61 428.75 Td (lease ) Tj ET Q q 0 0 0 rg BT 185.45 428.75 Td (of) Tj ET Q q 0 0 0 rg BT 193.61 428.75 Td (fice/building ) Tj ET Q q 0 0 0 rg BT 249.35 428.75 Td (space ) Tj ET Q q 0 0 0 rg BT 278.96 428.75 Td (and ) Tj ET Q q 0 0 0 rg BT 298.58 428.75 Td (research ) Tj ET Q q 0 0 0 rg BT 340.42 428.75 Td (and ) Tj ET Q q 0 0 0 rg BT 360.03 428.75 Td (development ) Tj ET Q q 0 0 0 rg BT 420.22 428.75 Td (sites ) Tj ET Q q 0 0 0 rg BT 443.71 428.75 Td (around ) Tj ET Q q 0 0 0 rg BT 477.78 428.75 Td (the ) Tj ET Q q 0 0 0 rg BT 494.61 428.75 Td (world, ) Tj ET Q q 0 0 0 rg BT 524.22 428.75 Td (primarily ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 416.75 Td (in ) Tj ET Q q 0 0 0 rg BT 61.21 416.75 Td (North ) Tj ET Q q 0 0 0 rg BT 88.42 416.75 Td (America, ) Tj ET Q q 0 0 0 rg BT 131.30 416.75 Td (Europe, ) Tj ET Q q 0 0 0 rg BT 169.76 416.75 Td (South ) Tj ET Q q 0 0 0 rg BT 198.64 416.75 Td (America, ) Tj ET Q q 0 0 0 rg BT 241.52 416.75 Td (and ) Tj ET Q q 0 0 0 rg BT 260.96 416.75 Td (Asia. ) Tj ET Q q 0 0 0 rg BT 286.62 416.75 Td (W) Tj ET Q q 0 0 0 rg BT 295.88 416.75 Td (e ) Tj ET Q q 0 0 0 rg BT 304.87 416.75 Td (own ) Tj ET Q q 0 0 0 rg BT 326.64 416.75 Td (and ) Tj ET Q q 0 0 0 rg BT 346.76 416.75 Td (operate ) Tj ET Q q 0 0 0 rg BT 384.10 416.75 Td (data ) Tj ET Q q 0 0 0 rg BT 407.00 416.75 Td (centers ) Tj ET Q q 0 0 0 rg BT 443.22 416.75 Td (in ) Tj ET Q q 0 0 0 rg BT 454.44 416.75 Td (the ) Tj ET Q q 0 0 0 rg BT 471.77 416.75 Td (U.S., ) Tj ET Q q 0 0 0 rg BT 497.43 416.75 Td (Europe, ) Tj ET Q q 0 0 0 rg BT 535.88 416.75 Td (South ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 404.75 Td (America, ) Tj ET Q q 0 0 0 rg BT 92.56 404.75 Td (and ) Tj ET Q q 0 0 0 rg BT 111.73 404.75 Td (Asia. ) Tj ET Q q 0 0 0 rg BT 137.06 404.75 Td (W) Tj ET Q q 0 0 0 rg BT 146.32 404.75 Td (e ) Tj ET Q q 0 0 0 rg BT 154.98 404.75 Td (believe ) Tj ET Q q 0 0 0 rg BT 189.77 404.75 Td (our ) Tj ET Q q 0 0 0 rg BT 207.33 404.75 Td (existing ) Tj ET Q q 0 0 0 rg BT 244.34 404.75 Td (facilities, ) Tj ET Q q 0 0 0 rg BT 285.79 404.75 Td (both ) Tj ET Q q 0 0 0 rg BT 308.35 404.75 Td (owned ) Tj ET Q q 0 0 0 rg BT 340.92 404.75 Td (and ) Tj ET Q q 0 0 0 rg BT 360.71 404.75 Td (leased, ) Tj ET Q q 0 0 0 rg BT 396.06 404.75 Td (are ) Tj ET Q q 0 0 0 rg BT 413.61 404.75 Td (in ) Tj ET Q q 0 0 0 rg BT 424.50 404.75 Td (good ) Tj ET Q q 0 0 0 rg BT 449.85 404.75 Td (condition ) Tj ET Q q 0 0 0 rg BT 492.98 404.75 Td (and ) Tj ET Q q 0 0 0 rg BT 512.77 404.75 Td (suitable ) Tj ET Q q 0 0 0 rg BT 550.34 404.75 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 392.75 Td (the ) Tj ET Q q 0 0 0 rg BT 66.68 392.75 Td (conduct ) Tj ET Q q 0 0 0 rg BT 104.48 392.75 Td (of ) Tj ET Q q 0 0 0 rg BT 115.60 392.75 Td (our ) Tj ET Q q 0 0 0 rg BT 132.83 392.75 Td (business.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 369.47 Td (ITEM?.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 103.00 369.47 Td (LEGAL) Tj ET Q q 0 0 0 rg BT 136.71 369.47 Td ( PROCEEDINGS) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 346.75 Td (For ) Tj ET Q q 0 0 0 rg BT 89.19 346.75 Td (a ) Tj ET Q q 0 0 0 rg BT 96.44 346.75 Td (description ) Tj ET Q q 0 0 0 rg BT 146.49 346.75 Td (of ) Tj ET Q q 0 0 0 rg BT 156.52 346.75 Td (our ) Tj ET Q q 0 0 0 rg BT 172.67 346.75 Td (material ) Tj ET Q q 0 0 0 rg BT 209.92 346.75 Td (pending ) Tj ET Q q 0 0 0 rg BT 247.20 346.75 Td (legal ) Tj ET Q q 0 0 0 rg BT 270.02 346.75 Td (proceedings, ) Tj ET Q q 0 0 0 rg BT 328.97 346.75 Td (please ) Tj ET Q q 0 0 0 rg BT 360.13 346.75 Td (see ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.95 346.75 Td (Note ) Tj ET Q q 0 0 0 rg BT 400.76 346.75 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.88 346.75 Td ( ) Tj ET Q q 0 0 0 rg BT 413.57 346.75 Td (“Commitments ) Tj ET Q q 0 0 0 rg BT 480.27 346.75 Td (and ) Tj ET Q q 0 0 0 rg BT 498.64 346.75 Td (Contingencies ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.75 Td (- ) Tj ET Q q 0 0 0 rg BT 56.11 334.75 Td (Legal ) Tj ET Q q 0 0 0 rg BT 83.36 334.75 Td (Matters?) Tj ET Q q 0 0 0 rg BT 122.81 334.75 Td (of ) Tj ET Q q 0 0 0 rg BT 133.94 334.75 Td (the ) Tj ET Q q 0 0 0 rg BT 150.62 334.75 Td (Notes ) Tj ET Q q 0 0 0 rg BT 179.53 334.75 Td (to ) Tj ET Q q 0 0 0 rg BT 190.65 334.75 Td (Consolidated ) Tj ET Q q 0 0 0 rg BT 251.80 334.75 Td (Financial ) Tj ET Q q 0 0 0 rg BT 294.61 334.75 Td (Statements ) Tj ET Q q 0 0 0 rg BT 347.97 334.75 Td (included ) Tj ET Q q 0 0 0 rg BT 388.00 334.75 Td (in ) Tj ET Q q 0 0 0 rg BT 398.57 334.75 Td (Item ) Tj ET Q q 0 0 0 rg BT 420.80 334.75 Td (8 ) Tj ET Q q 0 0 0 rg BT 429.14 334.75 Td (of ) Tj ET Q q 0 0 0 rg BT 440.26 334.75 Td (this ) Tj ET Q q 0 0 0 rg BT 458.06 334.75 Td (Annual ) Tj ET Q q 0 0 0 rg BT 491.98 334.75 Td (Report ) Tj ET Q q 0 0 0 rg BT 524.77 334.75 Td (on ) Tj ET Q q 0 0 0 rg BT 538.68 334.75 Td (Form ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 322.75 Td (10-K, ) Tj ET Q q 0 0 0 rg BT 76.68 322.75 Td (which ) Tj ET Q q 0 0 0 rg BT 105.02 322.75 Td (is ) Tj ET Q q 0 0 0 rg BT 115.02 322.75 Td (incorporated ) Tj ET Q q 0 0 0 rg BT 173.39 322.75 Td (herein ) Tj ET Q q 0 0 0 rg BT 203.97 322.75 Td (by ) Tj ET Q q 0 0 0 rg BT 217.31 322.75 Td (reference.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 299.47 Td (ITEM?.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 103.00 299.47 Td (MINE SAFETY) Tj ET Q q 0 0 0 rg BT 170.05 299.47 Td ( DISCLOSURES) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 276.75 Td (Not ) Tj ET Q q 0 0 0 rg BT 92.34 276.75 Td (applicable.) Tj ET Q endstream endobj 49 0 obj <>] /Rotate 0 /Contents 50 0 R>> endobj 50 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 53 767.11455078125 m 123.04443359375 767.11455078125 l s q 0 0 1 rg BT 53.00 768.40 Td (T) Tj ET Q q 0 0 1 rg BT 57.50 768.40 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.396078431372549 0.396078431372549 0.396078431372549 rg BT 500.45 768.40 Td (Alphabet Inc.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.40 31.25 Td (23) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 741.75 Td (P) Tj ET Q q 0 0 0 rg BT 55.93 741.75 Td (ART II) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 718.47 Td (ITEM?.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 102.50 718.47 Td (MARKET FOR REGISTRANT’S COMMON EQUITY) Tj ET Q q 0 0 0 rg BT 334.72 718.47 Td (, RELA) Tj ET Q q 0 0 0 rg BT 366.76 718.47 Td (TED ST) Tj ET Q q 0 0 0 rg BT 402.13 718.47 Td (OCKHOLDER MA) Tj ET Q q 0 0 0 rg BT 484.17 718.47 Td (TTERS ) Tj ET Q q 0 0 0 rg BT 519.35 718.47 Td (AND) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 102.50 708.47 Td (ISSUER PURCHASES OF EQUITY) Tj ET Q q 0 0 0 rg BT 261.79 708.47 Td ( SECURITIES) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 685.75 Td (As ) Tj ET Q q 0 0 0 rg BT 85.71 685.75 Td (of ) Tj ET Q q 0 0 0 rg BT 96.10 685.75 Td (October ) Tj ET Q q 0 0 0 rg BT 133.71 685.75 Td (2, ) Tj ET Q q 0 0 0 rg BT 144.10 685.75 Td (2015, ) Tj ET Q q 0 0 0 rg BT 170.76 685.75 Td (Alphabet ) Tj ET Q q 0 0 0 rg BT 212.28 685.75 Td (Inc. ) Tj ET Q q 0 0 0 rg BT 230.45 685.75 Td (became ) Tj ET Q q 0 0 0 rg BT 268.07 685.75 Td (the ) Tj ET Q q 0 0 0 rg BT 284.01 685.75 Td (successor ) Tj ET Q q 0 0 0 rg BT 331.07 685.75 Td (issuer ) Tj ET Q q 0 0 0 rg BT 359.79 685.75 Td (of ) Tj ET Q q 0 0 0 rg BT 370.17 685.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 404.47 685.75 Td (Inc. ) Tj ET Q q 0 0 0 rg BT 422.63 685.75 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 463.59 685.75 Td (to ) Tj ET Q q 0 0 0 rg BT 473.97 685.75 Td (Rule ) Tj ET Q q 0 0 0 rg BT 496.58 685.75 Td (12g-3\(a\) ) Tj ET Q q 0 0 0 rg BT 536.43 685.75 Td (under ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 673.75 Td (the ) Tj ET Q q 0 0 0 rg BT 65.97 673.75 Td (Exchange ) Tj ET Q q 0 0 0 rg BT 112.51 673.75 Td (Act. ) Tj ET Q q 0 0 0 rg BT 132.30 673.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 151.54 673.75 Td (Class ) Tj ET Q q 0 0 0 rg BT 178.61 673.75 Td (A) Tj ET Q q 0 0 0 rg BT 184.72 673.75 Td ( ) Tj ET Q q 0 0 0 rg BT 187.29 673.75 Td (common ) Tj ET Q q 0 0 0 rg BT 228.21 673.75 Td (stock ) Tj ET Q q 0 0 0 rg BT 254.12 673.75 Td (has ) Tj ET Q q 0 0 0 rg BT 272.81 673.75 Td (been ) Tj ET Q q 0 0 0 rg BT 297.63 673.75 Td (listed ) Tj ET Q q 0 0 0 rg BT 323.54 673.75 Td (on ) Tj ET Q q 0 0 0 rg BT 337.23 673.75 Td (the ) Tj ET Q q 0 0 0 rg BT 353.70 673.75 Td (Nasdaq ) Tj ET Q q 0 0 0 rg BT 390.74 673.75 Td (Global ) Tj ET Q q 0 0 0 rg BT 422.21 673.75 Td (Select ) Tj ET Q q 0 0 0 rg BT 452.58 673.75 Td (Market ) Tj ET Q q 0 0 0 rg BT 485.71 673.75 Td (under ) Tj ET Q q 0 0 0 rg BT 513.85 673.75 Td (the ) Tj ET Q q 0 0 0 rg BT 530.32 673.75 Td (symbol ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 661.75 Td (“GOOG?) Tj ET Q q 0 0 0 rg BT 90.18 661.75 Td (since ) Tj ET Q q 0 0 0 rg BT 115.85 661.75 Td (August ) Tj ET Q q 0 0 0 rg BT 149.89 661.75 Td (19, ) Tj ET Q q 0 0 0 rg BT 166.70 661.75 Td (2004 ) Tj ET Q q 0 0 0 rg BT 191.85 661.75 Td (and ) Tj ET Q q 0 0 0 rg BT 211.44 661.75 Td (under ) Tj ET Q q 0 0 0 rg BT 239.92 661.75 Td (the ) Tj ET Q q 0 0 0 rg BT 256.73 661.75 Td (symbol ) Tj ET Q q 0 0 0 rg BT 291.31 661.75 Td ("GOOGL" ) Tj ET Q q 0 0 0 rg BT 337.99 661.75 Td (since ) Tj ET Q q 0 0 0 rg BT 363.66 661.75 Td (April ) Tj ET Q q 0 0 0 rg BT 386.57 661.75 Td (3, ) Tj ET Q q 0 0 0 rg BT 397.82 661.75 Td (2014. ) Tj ET Q q 0 0 0 rg BT 425.75 661.75 Td (Prior ) Tj ET Q q 0 0 0 rg BT 449.77 661.75 Td (to ) Tj ET Q q 0 0 0 rg BT 460.44 661.75 Td (August ) Tj ET Q q 0 0 0 rg BT 494.48 661.75 Td (19, ) Tj ET Q q 0 0 0 rg BT 511.28 661.75 Td (2004, ) Tj ET Q q 0 0 0 rg BT 539.21 661.75 Td (there ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 649.75 Td (was ) Tj ET Q q 0 0 0 rg BT 69.99 649.75 Td (no ) Tj ET Q q 0 0 0 rg BT 83.81 649.75 Td (public ) Tj ET Q q 0 0 0 rg BT 112.65 649.75 Td (market ) Tj ET Q q 0 0 0 rg BT 145.91 649.75 Td (for ) Tj ET Q q 0 0 0 rg BT 160.28 649.75 Td (our ) Tj ET Q q 0 0 0 rg BT 177.44 649.75 Td (stock. ) Tj ET Q q 0 0 0 rg BT 206.26 649.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 225.64 649.75 Td (Class ) Tj ET Q q 0 0 0 rg BT 253.34 649.75 Td (B ) Tj ET Q q 0 0 0 rg BT 262.72 649.75 Td (common ) Tj ET Q q 0 0 0 rg BT 303.77 649.75 Td (stock ) Tj ET Q q 0 0 0 rg BT 329.81 649.75 Td (is ) Tj ET Q q 0 0 0 rg BT 339.73 649.75 Td (neither ) Tj ET Q q 0 0 0 rg BT 373.01 649.75 Td (listed ) Tj ET Q q 0 0 0 rg BT 399.06 649.75 Td (nor ) Tj ET Q q 0 0 0 rg BT 416.22 649.75 Td (traded. ) Tj ET Q q 0 0 0 rg BT 450.06 649.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 469.43 649.75 Td (Class ) Tj ET Q q 0 0 0 rg BT 497.14 649.75 Td (C ) Tj ET Q q 0 0 0 rg BT 507.06 649.75 Td (capital ) Tj ET Q q 0 0 0 rg BT 538.67 649.75 Td (stock ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 637.75 Td (has ) Tj ET Q q 0 0 0 rg BT 68.40 637.75 Td (been ) Tj ET Q q 0 0 0 rg BT 93.43 637.75 Td (listed ) Tj ET Q q 0 0 0 rg BT 119.55 637.75 Td (on ) Tj ET Q q 0 0 0 rg BT 133.45 637.75 Td (the ) Tj ET Q q 0 0 0 rg BT 150.13 637.75 Td (Nasdaq ) Tj ET Q q 0 0 0 rg BT 187.38 637.75 Td (Global ) Tj ET Q q 0 0 0 rg BT 219.06 637.75 Td (Select ) Tj ET Q q 0 0 0 rg BT 249.63 637.75 Td (Market ) Tj ET Q q 0 0 0 rg BT 282.97 637.75 Td (under ) Tj ET Q q 0 0 0 rg BT 311.33 637.75 Td (the ) Tj ET Q q 0 0 0 rg BT 328.01 637.75 Td (symbol ) Tj ET Q q 0 0 0 rg BT 362.46 637.75 Td (“GOOG?) Tj ET Q q 0 0 0 rg BT 403.01 637.75 Td (since ) Tj ET Q q 0 0 0 rg BT 428.58 637.75 Td (April ) Tj ET Q q 0 0 0 rg BT 451.37 637.75 Td (3, ) Tj ET Q q 0 0 0 rg BT 462.48 637.75 Td (2014.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 619.75 Td (Holders ) Tj ET Q q 0 0 0 rg BT 89.51 619.75 Td (of ) Tj ET Q q 0 0 0 rg BT 101.73 619.75 Td (Record) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 601.75 Td (As ) Tj ET Q q 0 0 0 rg BT 89.05 601.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.28 601.75 Td (December?1, ) Tj ET Q q 0 0 0 rg BT 167.97 601.75 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.21 601.75 Td (, ) Tj ET Q q 0 0 0 rg BT 196.87 601.75 Td (there ) Tj ET Q q 0 0 0 rg BT 223.55 601.75 Td (were ) Tj ET Q q 0 0 0 rg BT 249.11 601.75 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.24 601.75 Td (2,455) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.26 601.75 Td ( ) Tj ET Q q 0 0 0 rg BT 344.15 601.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.71 601.75 Td (2,030) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.74 601.75 Td ( ) Tj ET Q q 0 0 0 rg BT 393.62 601.75 Td (stockholders ) Tj ET Q q 0 0 0 rg BT 453.64 601.75 Td (of ) Tj ET Q q 0 0 0 rg BT 465.87 601.75 Td (record ) Tj ET Q q 0 0 0 rg BT 498.09 601.75 Td (of ) Tj ET Q q 0 0 0 rg BT 510.32 601.75 Td (our ) Tj ET Q q 0 0 0 rg BT 528.65 601.75 Td (Class? Tj ET Q q 0 0 0 rg BT 555.88 601.75 Td (A) Tj ET Q q 0 0 0 rg BT 562.00 601.75 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 589.75 Td (common ) Tj ET Q q 0 0 0 rg BT 91.11 589.75 Td (stock ) Tj ET Q q 0 0 0 rg BT 117.71 589.75 Td (and ) Tj ET Q q 0 0 0 rg BT 137.65 589.75 Td (Class ) Tj ET Q q 0 0 0 rg BT 165.92 589.75 Td (C ) Tj ET Q q 0 0 0 rg BT 176.40 589.75 Td (capital ) Tj ET Q q 0 0 0 rg BT 208.57 589.75 Td (stock, ) Tj ET Q q 0 0 0 rg BT 237.95 589.75 Td (respectively) Tj ET Q q 0 0 0 rg BT 290.00 589.75 Td (. ) Tj ET Q q 0 0 0 rg BT 296.04 589.75 Td (Because ) Tj ET Q q 0 0 0 rg BT 338.22 589.75 Td (many ) Tj ET Q q 0 0 0 rg BT 365.94 589.75 Td (of ) Tj ET Q q 0 0 0 rg BT 377.54 589.75 Td (our ) Tj ET Q q 0 0 0 rg BT 395.25 589.75 Td (shares ) Tj ET Q q 0 0 0 rg BT 428.53 589.75 Td (of ) Tj ET Q q 0 0 0 rg BT 440.13 589.75 Td (Class ) Tj ET Q q 0 0 0 rg BT 467.75 589.75 Td (A) Tj ET Q q 0 0 0 rg BT 473.86 589.75 Td ( ) Tj ET Q q 0 0 0 rg BT 477.13 589.75 Td (common ) Tj ET Q q 0 0 0 rg BT 518.73 589.75 Td (stock ) Tj ET Q q 0 0 0 rg BT 545.33 589.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 577.75 Td (Class ) Tj ET Q q 0 0 0 rg BT 77.40 577.75 Td (C ) Tj ET Q q 0 0 0 rg BT 87.52 577.75 Td (capital ) Tj ET Q q 0 0 0 rg BT 119.32 577.75 Td (stock ) Tj ET Q q 0 0 0 rg BT 145.56 577.75 Td (are ) Tj ET Q q 0 0 0 rg BT 162.91 577.75 Td (held ) Tj ET Q q 0 0 0 rg BT 184.71 577.75 Td (by ) Tj ET Q q 0 0 0 rg BT 198.17 577.75 Td (brokers ) Tj ET Q q 0 0 0 rg BT 234.41 577.75 Td (and ) Tj ET Q q 0 0 0 rg BT 253.99 577.75 Td (other ) Tj ET Q q 0 0 0 rg BT 279.68 577.75 Td (institutions ) Tj ET Q q 0 0 0 rg BT 329.82 577.75 Td (on ) Tj ET Q q 0 0 0 rg BT 343.84 577.75 Td (behalf ) Tj ET Q q 0 0 0 rg BT 373.99 577.75 Td (of ) Tj ET Q q 0 0 0 rg BT 385.22 577.75 Td (stockholders, ) Tj ET Q q 0 0 0 rg BT 447.03 577.75 Td (we ) Tj ET Q q 0 0 0 rg BT 462.71 577.75 Td (are ) Tj ET Q q 0 0 0 rg BT 480.06 577.75 Td (unable ) Tj ET Q q 0 0 0 rg BT 512.99 577.75 Td (to ) Tj ET Q q 0 0 0 rg BT 524.23 577.75 Td (estimate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 565.75 Td (the ) Tj ET Q q 0 0 0 rg BT 68.58 565.75 Td (total ) Tj ET Q q 0 0 0 rg BT 92.67 565.75 Td (number ) Tj ET Q q 0 0 0 rg BT 131.75 565.75 Td (of ) Tj ET Q q 0 0 0 rg BT 145.27 565.75 Td (stockholders ) Tj ET Q q 0 0 0 rg BT 206.59 565.75 Td (represented ) Tj ET Q q 0 0 0 rg BT 265.14 565.75 Td (by ) Tj ET Q q 0 0 0 rg BT 280.89 565.75 Td (these ) Tj ET Q q 0 0 0 rg BT 310.53 565.75 Td (record ) Tj ET Q q 0 0 0 rg BT 344.06 565.75 Td (holders. ) Tj ET Q q 0 0 0 rg BT 383.78 565.75 Td (As ) Tj ET Q q 0 0 0 rg BT 400.63 565.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.16 565.75 Td (December?1, ) Tj ET Q q 0 0 0 rg BT 482.14 565.75 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.39 565.75 Td (, ) Tj ET Q q 0 0 0 rg BT 512.35 565.75 Td (there ) Tj ET Q q 0 0 0 rg BT 540.32 565.75 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 553.75 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.53 553.75 Td (66) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.65 553.75 Td ( ) Tj ET Q q 0 0 0 rg BT 128.43 553.75 Td (stockholders ) Tj ET Q q 0 0 0 rg BT 187.35 553.75 Td (of ) Tj ET Q q 0 0 0 rg BT 198.46 553.75 Td (record ) Tj ET Q q 0 0 0 rg BT 229.59 553.75 Td (of ) Tj ET Q q 0 0 0 rg BT 240.71 553.75 Td (our ) Tj ET Q q 0 0 0 rg BT 257.94 553.75 Td (Class ) Tj ET Q q 0 0 0 rg BT 285.72 553.75 Td (B ) Tj ET Q q 0 0 0 rg BT 295.17 553.75 Td (common ) Tj ET Q q 0 0 0 rg BT 336.29 553.75 Td (stock.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 535.75 Td (Dividend ) Tj ET Q q 0 0 0 rg BT 94.50 535.75 Td (Policy) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 517.75 Td (W) Tj ET Q q 0 0 0 rg BT 82.76 517.75 Td (e ) Tj ET Q q 0 0 0 rg BT 91.20 517.75 Td (have ) Tj ET Q q 0 0 0 rg BT 115.77 517.75 Td (never ) Tj ET Q q 0 0 0 rg BT 143.66 517.75 Td (declared ) Tj ET Q q 0 0 0 rg BT 184.90 517.75 Td (or ) Tj ET Q q 0 0 0 rg BT 196.68 517.75 Td (paid ) Tj ET Q q 0 0 0 rg BT 218.46 517.75 Td (any ) Tj ET Q q 0 0 0 rg BT 237.47 517.75 Td (cash ) Tj ET Q q 0 0 0 rg BT 261.47 517.75 Td (dividend ) Tj ET Q q 0 0 0 rg BT 301.60 517.75 Td (on ) Tj ET Q q 0 0 0 rg BT 315.61 517.75 Td (our ) Tj ET Q q 0 0 0 rg BT 332.94 517.75 Td (common ) Tj ET Q q 0 0 0 rg BT 374.17 517.75 Td (or ) Tj ET Q q 0 0 0 rg BT 385.94 517.75 Td (capital ) Tj ET Q q 0 0 0 rg BT 417.73 517.75 Td (stock. ) Tj ET Q q 0 0 0 rg BT 446.54 517.75 Td (The ) Tj ET Q q 0 0 0 rg BT 466.66 517.75 Td (primary ) Tj ET Q q 0 0 0 rg BT 502.87 517.75 Td (use ) Tj ET Q q 0 0 0 rg BT 521.88 517.75 Td (of ) Tj ET Q q 0 0 0 rg BT 533.10 517.75 Td (capital ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 505.75 Td (continues ) Tj ET Q q 0 0 0 rg BT 94.46 505.75 Td (to ) Tj ET Q q 0 0 0 rg BT 104.95 505.75 Td (be ) Tj ET Q q 0 0 0 rg BT 118.22 505.75 Td (to ) Tj ET Q q 0 0 0 rg BT 128.71 505.75 Td (invest ) Tj ET Q q 0 0 0 rg BT 156.98 505.75 Td (for ) Tj ET Q q 0 0 0 rg BT 170.80 505.75 Td (the ) Tj ET Q q 0 0 0 rg BT 186.85 505.75 Td (long ) Tj ET Q q 0 0 0 rg BT 207.90 505.75 Td (term ) Tj ET Q q 0 0 0 rg BT 230.05 505.75 Td (growth ) Tj ET Q q 0 0 0 rg BT 262.21 505.75 Td (of ) Tj ET Q q 0 0 0 rg BT 272.70 505.75 Td (the ) Tj ET Q q 0 0 0 rg BT 288.75 505.75 Td (business. ) Tj ET Q q 0 0 0 rg BT 333.15 505.75 Td (W) Tj ET Q q 0 0 0 rg BT 342.41 505.75 Td (e ) Tj ET Q q 0 0 0 rg BT 350.12 505.75 Td (regularly ) Tj ET Q q 0 0 0 rg BT 390.62 505.75 Td (evaluate ) Tj ET Q q 0 0 0 rg BT 430.57 505.75 Td (our ) Tj ET Q q 0 0 0 rg BT 447.17 505.75 Td (cash ) Tj ET Q q 0 0 0 rg BT 470.45 505.75 Td (and ) Tj ET Q q 0 0 0 rg BT 489.28 505.75 Td (capital ) Tj ET Q q 0 0 0 rg BT 520.33 505.75 Td (structure, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 493.75 Td (including ) Tj ET Q q 0 0 0 rg BT 91.75 493.75 Td (the ) Tj ET Q q 0 0 0 rg BT 108.43 493.75 Td (size, ) Tj ET Q q 0 0 0 rg BT 131.77 493.75 Td (pace ) Tj ET Q q 0 0 0 rg BT 156.23 493.75 Td (and ) Tj ET Q q 0 0 0 rg BT 175.70 493.75 Td (form ) Tj ET Q q 0 0 0 rg BT 198.47 493.75 Td (of ) Tj ET Q q 0 0 0 rg BT 209.59 493.75 Td (capital ) Tj ET Q q 0 0 0 rg BT 241.28 493.75 Td (return ) Tj ET Q q 0 0 0 rg BT 270.18 493.75 Td (to ) Tj ET Q q 0 0 0 rg BT 281.30 493.75 Td (stockholders.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 475.75 Td (Issuer ) Tj ET Q q 0 0 0 rg BT 81.74 475.75 Td (Purchases ) Tj ET Q q 0 0 0 rg BT 135.11 475.75 Td (of ) Tj ET Q q 0 0 0 rg BT 147.32 475.75 Td (Equity ) Tj ET Q q 0 0 0 rg BT 180.66 475.75 Td (Securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 457.75 Td (The ) Tj ET Q q 0 0 0 rg BT 92.16 457.75 Td (following ) Tj ET Q q 0 0 0 rg BT 134.01 457.75 Td (table ) Tj ET Q q 0 0 0 rg BT 158.63 457.75 Td (presents ) Tj ET Q q 0 0 0 rg BT 199.91 457.75 Td (information ) Tj ET Q q 0 0 0 rg BT 252.31 457.75 Td (with ) Tj ET Q q 0 0 0 rg BT 273.03 457.75 Td (respect ) Tj ET Q q 0 0 0 rg BT 308.76 457.75 Td (to ) Tj ET Q q 0 0 0 rg BT 319.45 457.75 Td (Alphabet's ) Tj ET Q q 0 0 0 rg BT 368.77 457.75 Td (repurchases ) Tj ET Q q 0 0 0 rg BT 426.73 457.75 Td (of ) Tj ET Q q 0 0 0 rg BT 438.00 457.75 Td (Class ) Tj ET Q q 0 0 0 rg BT 465.94 457.75 Td (C ) Tj ET Q q 0 0 0 rg BT 476.10 457.75 Td (capital ) Tj ET Q q 0 0 0 rg BT 507.94 457.75 Td (stock ) Tj ET Q q 0 0 0 rg BT 534.21 457.75 Td (during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 445.75 Td (the ) Tj ET Q q 0 0 0 rg BT 66.18 445.75 Td (quarter ) Tj ET Q q 0 0 0 rg BT 100.64 445.75 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.23 445.75 Td (December?1, ) Tj ET Q q 0 0 0 rg BT 196.81 445.75 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 219.06 445.75 Td (: ) Tj ET Q q 0 0 0 rg BT 224.62 445.75 Td ( ) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 390.25 109.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 159.00 390.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 163.00 390.25 97.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 260.00 390.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 264.00 390.25 96.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 360.00 390.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 364.00 390.25 97.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.00 390.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 465.00 390.25 97.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 360.25 109.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 159.00 360.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 163.00 360.25 97.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 260.00 360.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 264.00 360.25 96.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 360.00 360.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 364.00 360.25 97.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.00 360.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 465.00 360.25 97.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 390.25 m 159 390.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 163 390.25 m 260 390.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 264 390.25 m 360 390.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 364 390.25 m 461 390.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465 390.25 m 562 390.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 390.25 m 159 390.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 163 390.25 m 260 390.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 264 390.25 m 360 390.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 364 390.25 m 461 390.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465 390.25 m 562 390.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 163 345.25 m 260 345.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 364 345.25 m 461 345.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 163 345.25 m 260 345.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 163 331.25 m 260 331.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 163 329.25 m 260 329.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 364 345.25 m 461 345.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 364 331.25 m 461 331.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 364 329.25 m 461 329.25 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 91.55 394.48 Td (Period) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 166.15 410.48 Td (T) Tj ET Q q 0 0 0 rg BT 170.44 410.48 Td (otal Number of Shares ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 190.50 402.48 Td (Purchased ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 179.15 394.48 Td (\(in thousands\) ) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 236.48 398.29 Td (\(1\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 268.05 402.48 Td (A) Tj ET Q q 0 0 0 rg BT 273.53 402.48 Td (verage Price Paid per ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 296.05 394.48 Td (Share ) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 320.51 398.29 Td (\(2\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 367.15 426.48 Td (T) Tj ET Q q 0 0 0 rg BT 371.44 426.48 Td (otal Number of Shares ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 372.20 418.48 Td (Purchased as Part of ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 373.70 410.48 Td (Publicly ) Tj ET Q q 0 0 0 rg BT 406.30 410.48 Td (Announced ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 393.30 402.48 Td (Programs) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 380.15 394.48 Td (\(in thousands\) ) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 437.48 398.29 Td (\(1\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 476.10 426.48 Td (Approximate Dollar) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 474.75 418.48 Td (V) Tj ET Q q 0 0 0 rg BT 479.64 418.48 Td (alue of Shares that) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 470.35 410.48 Td (May ) Tj ET Q q 0 0 0 rg BT 487.99 410.48 Td (Y) Tj ET Q q 0 0 0 rg BT 492.89 410.48 Td (et Be Purchased) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 476.75 402.48 Td (Under the Program) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 490.55 394.48 Td (\(in millions\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 380.47 Td (October 1 - 31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.10 379.87 Td (1,970) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.50 379.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.20 379.87 Td (1,229.02) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.10 379.87 Td (1,970) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.50 379.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.55 379.87 Td (24,470) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 365.47 Td (November 1 - 30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.10 364.87 Td (1,626) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.50 364.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.20 364.87 Td (1,304.00) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.10 364.87 Td (1,626) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.50 364.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.55 364.87 Td (22,350) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 350.47 Td (December 1 - 31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.10 349.87 Td (1,164) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.50 349.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.20 349.87 Td (1,337.16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.10 349.87 Td (1,164) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.50 349.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.55 349.87 Td (20,793) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 335.47 Td (T) Tj ET Q q 0 0 0 rg BT 75.50 335.47 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.10 334.87 Td (4,760) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.10 334.87 Td (4,760) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F1 5.85 Tf ET q 0 0 0 rg BT 49.50 323.04 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 56.65 318.75 Td ( ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 72.00 318.75 Td (In ) Tj ET Q q 0 0 0 rg BT 81.72 318.75 Td (January ) Tj ET Q q 0 0 0 rg BT 115.96 318.75 Td (and ) Tj ET Q q 0 0 0 rg BT 133.19 318.75 Td (July ) Tj ET Q q 0 0 0 rg BT 151.41 318.75 Td (2019, ) Tj ET Q q 0 0 0 rg BT 176.15 318.75 Td (the ) Tj ET Q q 0 0 0 rg BT 190.88 318.75 Td (board ) Tj ET Q q 0 0 0 rg BT 216.12 318.75 Td (of ) Tj ET Q q 0 0 0 rg BT 225.84 318.75 Td (directors ) Tj ET Q q 0 0 0 rg BT 262.57 318.75 Td (of ) Tj ET Q q 0 0 0 rg BT 271.85 318.75 Td (Alphabet ) Tj ET Q q 0 0 0 rg BT 309.60 318.75 Td (authorized ) Tj ET Q q 0 0 0 rg BT 353.85 318.75 Td (the ) Tj ET Q q 0 0 0 rg BT 368.57 318.75 Td (company ) Tj ET Q q 0 0 0 rg BT 407.31 318.75 Td (to ) Tj ET Q q 0 0 0 rg BT 417.03 318.75 Td (repurchase ) Tj ET Q q 0 0 0 rg BT 464.28 318.75 Td (up ) Tj ET Q q 0 0 0 rg BT 476.50 318.75 Td (to ) Tj ET Q q 0 0 0 rg BT 486.23 318.75 Td (an ) Tj ET Q q 0 0 0 rg BT 498.46 318.75 Td (additional?12.5 ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 72.00 307.95 Td (billion ) Tj ET Q q 0 0 0 rg BT 96.63 307.95 Td (and ) Tj ET Q q 0 0 0 rg BT 113.25 307.95 Td ($25.0 ) Tj ET Q q 0 0 0 rg BT 137.39 307.95 Td (billion of ) Tj ET Q q 0 0 0 rg BT 172.02 307.95 Td (its ) Tj ET Q q 0 0 0 rg BT 182.63 307.95 Td (Class ) Tj ET Q q 0 0 0 rg BT 206.75 307.95 Td (C ) Tj ET Q q 0 0 0 rg BT 214.86 307.95 Td (capital ) Tj ET Q q 0 0 0 rg BT 242.49 307.95 Td (stock, ) Tj ET Q q 0 0 0 rg BT 267.60 307.95 Td (respectively) Tj ET Q q 0 0 0 rg BT 314.46 307.95 Td (. ) Tj ET Q q 0 0 0 rg BT 318.57 307.95 Td (Share ) Tj ET Q q 0 0 0 rg BT 344.20 307.95 Td (repurchases ) Tj ET Q q 0 0 0 rg BT 395.33 307.95 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 431.97 307.95 Td (to ) Tj ET Q q 0 0 0 rg BT 441.09 307.95 Td (the ) Tj ET Q q 0 0 0 rg BT 455.21 307.95 Td (January ) Tj ET Q q 0 0 0 rg BT 488.84 307.95 Td (2019 ) Tj ET Q q 0 0 0 rg BT 510.47 307.95 Td (authorization ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 72.00 297.15 Td (were ) Tj ET Q q 0 0 0 rg BT 93.90 297.15 Td (completed ) Tj ET Q q 0 0 0 rg BT 137.81 297.15 Td (during ) Tj ET Q q 0 0 0 rg BT 165.22 297.15 Td (the ) Tj ET Q q 0 0 0 rg BT 180.12 297.15 Td (fourth ) Tj ET Q q 0 0 0 rg BT 205.52 297.15 Td (quarter ) Tj ET Q q 0 0 0 rg BT 236.43 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Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 353.55 657.73 Td (Y) Tj ET Q q 0 0 0 rg BT 358.67 657.73 Td (ear Ended December?1,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 644.73 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 265.60 644.73 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 329.10 644.73 Td (2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 393.10 644.73 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 457.10 644.73 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 521.10 644.73 Td (2019) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 628.18 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 328.25 628.18 Td (\(in millions, except per share amounts\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 614.72 Td (Consolidated Statements of Income Data:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 599.72 Td (Revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.00 599.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.05 599.17 Td (74,989) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.00 599.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.05 599.12 Td (90,272) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.00 599.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.50 599.12 Td (1) Tj ET Q q 0 0 0 rg BT 398.06 599.12 Td (10,855) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.00 599.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.50 599.12 Td (136,819) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.00 599.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.50 599.12 Td (161,857) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 584.72 Td (Income from operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.00 584.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.05 584.17 Td (19,360) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.00 584.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.05 584.12 Td (23,737) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.00 584.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.05 584.12 Td (26,178) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.00 584.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.05 584.12 Td (27,524) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.00 584.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.05 584.12 Td (34,231) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 569.72 Td (Net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.00 569.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.05 569.17 Td (16,348) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.00 569.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.05 569.12 Td (19,478) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.00 569.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.05 569.12 Td (12,662) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.00 569.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.05 569.12 Td (30,736) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.00 569.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.05 569.12 Td (34,343) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 542.72 Td (Basic net income per share of Class ) Tj ET Q q 0 0 0 rg BT 215.58 542.72 Td (A) Tj ET Q q 0 0 0 rg BT 221.69 542.72 Td ( and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 532.72 Td (B common stock) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.00 532.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.60 532.17 Td (23.1) Tj ET Q q 0 0 0 rg BT 295.06 532.17 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.00 532.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.60 532.12 Td (28.32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.00 532.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.60 532.12 Td (18.27) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.00 532.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.60 532.12 Td (44.22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.00 532.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.60 532.12 Td (49.59) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 517.72 Td (Basic net income per share of Class C) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 507.72 Td (capital stock) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.00 507.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.60 507.17 Td (24.63) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.00 507.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.60 507.12 Td (28.32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.00 507.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.60 507.12 Td (18.27) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.00 507.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.60 507.12 Td (44.22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.00 507.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.60 507.12 Td (49.59) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 492.72 Td (Diluted net income per share of Class ) Tj ET Q q 0 0 0 rg BT 222.25 492.72 Td (A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 482.72 Td (and B common stock) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.00 482.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.60 482.17 Td (22.84) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.00 482.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.60 482.12 Td (27.85) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.00 482.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.60 482.12 Td (18.00) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.00 482.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.60 482.12 Td (43.70) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.00 482.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.60 482.12 Td (49.16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 467.72 Td (Diluted net income per share of Class C) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 457.72 Td (capital stock) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.00 457.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.60 457.17 Td (24.34) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.00 457.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.60 457.12 Td (27.85) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.00 457.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.60 457.12 Td (18.00) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.00 457.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.60 457.12 Td (43.70) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.00 457.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.60 457.12 Td (49.16) Tj ET Q BT /F1 9.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 378.50 196.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 378.50 60.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.50 378.50 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 310.50 378.50 60.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.50 378.50 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 378.50 60.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 378.50 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 378.50 60.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 378.50 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 378.50 60.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 338.50 196.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 338.50 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.50 338.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 310.50 338.50 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.50 338.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 338.50 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 338.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 338.50 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 338.50 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 338.50 60.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246.5 423.5 m 306.5 423.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 423.5 m 310.5 423.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 423.5 m 370.5 423.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370.5 423.5 m 374.5 423.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 423.5 m 434.5 423.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434.5 423.5 m 438.5 423.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 423.5 m 498.5 423.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 423.5 m 502.5 423.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 423.5 m 562.5 423.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246.5 423.5 m 306.5 423.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246.5 410.5 m 306.5 410.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 423.5 m 310.5 423.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 423.5 m 370.5 423.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 410.5 m 370.5 410.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370.5 423.5 m 374.5 423.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 423.5 m 434.5 423.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 410.5 m 434.5 410.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434.5 423.5 m 438.5 423.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 423.5 m 498.5 423.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 410.5 m 498.5 410.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 423.5 m 502.5 423.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 423.5 m 562.5 423.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 410.5 m 562.5 410.5 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 427.73 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 366.85 427.73 Td (As of December?1,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 414.73 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 267.10 414.73 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 331.10 414.73 Td (2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 395.10 414.73 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 459.10 414.73 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 523.10 414.73 Td (2019) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 397.73 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 381.55 397.73 Td (\(in millions\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 383.72 Td (Consolidated Balance Sheet Data:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 368.72 Td (Cash, cash equivalents, and marketable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 358.72 Td (securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.00 358.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.05 358.17 Td (73,066) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.00 358.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.05 358.12 Td (86,333) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.00 358.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.50 358.12 Td (101,871) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.00 358.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.50 358.12 Td (109,140) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.00 358.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.50 358.12 Td (1) Tj ET Q q 0 0 0 rg BT 528.06 358.12 Td (19,675) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 343.72 Td (T) Tj ET Q q 0 0 0 rg BT 58.55 343.72 Td (otal assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.00 343.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.50 343.17 Td (147,461) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.00 343.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 330.50 343.12 Td (167,497) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.00 343.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.50 343.12 Td (197,295) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.00 343.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.50 343.12 Td (232,792) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.00 343.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.50 343.12 Td (275,909) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 328.72 Td (T) Tj ET Q q 0 0 0 rg BT 58.55 328.72 Td (otal long-term liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.00 328.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.60 328.17 Td (7,820) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.00 328.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.05 328.12 Td (1) Tj ET Q q 0 0 0 rg BT 341.61 328.12 Td (1,705) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.00 328.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.05 328.12 Td (20,610) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.00 328.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.05 328.12 Td (20,544) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.00 328.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.05 328.12 Td (29,246) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 313.72 Td (T) Tj ET Q q 0 0 0 rg BT 58.00 313.72 Td (otal stockholders? Tj ET Q q 0 0 0 rg BT 134.89 313.72 Td ( equity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.00 313.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.50 313.17 Td (120,331) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.00 313.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 330.50 313.12 Td (139,036) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.00 313.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.50 313.12 Td (152,502) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.00 313.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.50 313.12 Td (177,628) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.00 313.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.50 313.12 Td (201,442) Tj ET Q BT /F1 9.00 Tf ET endstream endobj 57 0 obj <>] /Rotate 0 /Contents 58 0 R>> endobj 58 0 obj <> stream BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 53 767.11455078125 m 123.04443359375 767.11455078125 l s q 0 0 1 rg BT 53.00 768.40 Td (T) Tj ET Q q 0 0 1 rg BT 57.50 768.40 Td (able of Contents) Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.396078431372549 0.396078431372549 0.396078431372549 rg BT 500.45 768.40 Td (Alphabet Inc.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.40 31.25 Td (27) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 738.72 Td (ITEM 7.) 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Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.50 538.00 Td (?) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 86.00 538.00 Td (Users ) Tj ET Q q 0 0 0 rg BT 115.88 538.00 Td (are ) Tj ET Q q 0 0 0 rg BT 132.98 538.00 Td (increasingly ) Tj ET Q q 0 0 0 rg BT 193.42 538.00 Td (using ) Tj ET Q q 0 0 0 rg BT 222.17 538.00 Td (diverse ) Tj ET Q q 0 0 0 rg BT 259.27 538.00 Td (devices ) Tj ET Q q 0 0 0 rg BT 298.05 538.00 Td (and ) Tj ET Q q 0 0 0 rg BT 317.91 538.00 Td (modalities ) Tj ET Q q 0 0 0 rg BT 369.45 538.00 Td (to ) Tj ET Q q 0 0 0 rg BT 380.97 538.00 Td (access ) Tj ET Q q 0 0 0 rg BT 416.42 538.00 Td (our ) Tj ET Q q 0 0 0 rg BT 434.62 538.00 Td (products ) Tj ET Q q 0 0 0 rg BT 479.48 538.00 Td (and ) Tj ET Q q 0 0 0 rg BT 499.34 538.00 Td (services, ) Tj ET Q q 0 0 0 rg BT 544.24 538.00 Td (and ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 526.00 Td (our ) Tj ET Q q 0 0 0 rg BT 68.89 526.00 Td (advertising ) Tj ET Q q 0 0 0 rg BT 125.01 526.00 Td (revenues ) Tj ET Q q 0 0 0 rg BT 171.71 526.00 Td (are ) Tj ET Q q 0 0 0 rg BT 189.50 526.00 Td (increasingly ) Tj ET Q q 0 0 0 rg BT 250.64 526.00 Td (coming ) Tj ET Q q 0 0 0 rg BT 288.97 526.00 Td (from ) Tj ET Q q 0 0 0 rg BT 313.97 526.00 Td (new ) Tj ET Q q 0 0 0 rg BT 336.20 526.00 Td (formats.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 508.00 Td (Our ) Tj ET Q q 0 0 0 rg BT 92.08 508.00 Td (users ) Tj ET Q q 0 0 0 rg BT 119.45 508.00 Td (are ) Tj ET Q q 0 0 0 rg BT 136.82 508.00 Td (accessing ) Tj ET Q q 0 0 0 rg BT 184.20 508.00 Td (the ) Tj ET Q q 0 0 0 rg BT 201.02 508.00 Td (Internet ) Tj ET Q q 0 0 0 rg BT 237.84 508.00 Td (via ) Tj ET Q q 0 0 0 rg BT 253.54 508.00 Td (diverse ) Tj ET Q q 0 0 0 rg BT 288.69 508.00 Td (devices ) Tj ET Q q 0 0 0 rg BT 325.51 508.00 Td (and ) Tj ET Q q 0 0 0 rg BT 345.11 508.00 Td (modalities, ) Tj ET Q q 0 0 0 rg BT 395.82 508.00 Td (such ) Tj ET Q q 0 0 0 rg BT 419.86 508.00 Td (as ) Tj ET Q q 0 0 0 rg BT 433.33 508.00 Td (smartphones, ) Tj ET Q q 0 0 0 rg BT 496.83 508.00 Td (wearables ) Tj ET Q q 0 0 0 rg BT 545.33 508.00 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 496.00 Td (smart ) Tj ET Q q 0 0 0 rg BT 77.34 496.00 Td (home ) Tj ET Q q 0 0 0 rg BT 104.70 496.00 Td (devices, ) Tj ET Q q 0 0 0 rg BT 143.72 496.00 Td (and ) Tj ET Q q 0 0 0 rg BT 162.75 496.00 Td (want ) Tj ET Q q 0 0 0 rg BT 186.21 496.00 Td (to ) Tj ET Q q 0 0 0 rg BT 196.89 496.00 Td (feel ) Tj ET Q q 0 0 0 rg BT 215.35 496.00 Td (connected ) Tj ET Q q 0 0 0 rg BT 263.84 496.00 Td (no ) Tj ET Q q 0 0 0 rg BT 277.30 496.00 Td (matter ) Tj ET Q q 0 0 0 rg BT 307.98 496.00 Td (where ) Tj ET Q q 0 0 0 rg BT 337.56 496.00 Td (they ) Tj ET Q q 0 0 0 rg BT 358.80 496.00 Td (are ) Tj ET Q q 0 0 0 rg BT 375.60 496.00 Td (or ) Tj ET Q q 0 0 0 rg BT 386.83 496.00 Td (what ) Tj ET Q q 0 0 0 rg BT 410.29 496.00 Td (they ) Tj ET Q q 0 0 0 rg BT 431.53 496.00 Td (are ) Tj ET Q q 0 0 0 rg BT 448.33 496.00 Td (doing. ) Tj ET Q q 0 0 0 rg BT 477.91 496.00 Td (W) Tj ET Q q 0 0 0 rg BT 487.17 496.00 Td (e ) Tj ET Q q 0 0 0 rg BT 495.07 496.00 Td (seek ) Tj ET Q q 0 0 0 rg BT 518.54 496.00 Td (to ) Tj ET Q q 0 0 0 rg BT 529.22 496.00 Td (expand ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 484.00 Td (our ) Tj ET Q q 0 0 0 rg BT 67.23 484.00 Td (products ) Tj ET Q q 0 0 0 rg BT 108.36 484.00 Td (and ) Tj ET Q q 0 0 0 rg BT 127.83 484.00 Td (services ) Tj ET Q q 0 0 0 rg BT 167.28 484.00 Td (to ) Tj ET Q q 0 0 0 rg BT 178.40 484.00 Td (stay ) Tj ET Q q 0 0 0 rg BT 199.52 484.00 Td (in ) Tj ET Q q 0 0 0 rg BT 210.08 484.00 Td (front ) Tj ET Q q 0 0 0 rg BT 232.87 484.00 Td (of ) Tj ET Q q 0 0 0 rg BT 243.98 484.00 Td (these ) Tj ET Q q 0 0 0 rg BT 271.23 484.00 Td (trends ) Tj ET Q q 0 0 0 rg BT 301.80 484.00 Td (in ) Tj ET Q q 0 0 0 rg BT 312.36 484.00 Td (order ) Tj ET Q q 0 0 0 rg BT 338.48 484.00 Td (to ) Tj ET Q q 0 0 0 rg BT 349.60 484.00 Td (maintain ) Tj ET Q q 0 0 0 rg BT 390.18 484.00 Td (and ) Tj ET Q q 0 0 0 rg BT 409.64 484.00 Td (grow ) Tj ET Q q 0 0 0 rg BT 434.09 484.00 Td (our ) Tj ET Q q 0 0 0 rg BT 451.32 484.00 Td (business.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 466.00 Td (W) Tj ET Q q 0 0 0 rg BT 81.76 466.00 Td (e ) Tj ET Q q 0 0 0 rg BT 92.66 466.00 Td (generate ) Tj ET Q q 0 0 0 rg BT 137.47 466.00 Td (our ) Tj ET Q q 0 0 0 rg BT 157.27 466.00 Td (advertising ) Tj ET Q q 0 0 0 rg BT 210.96 466.00 Td (revenues ) Tj ET Q q 0 0 0 rg BT 257.44 466.00 Td (increasingly ) Tj ET Q q 0 0 0 rg BT 315.58 466.00 Td (from ) Tj ET Q q 0 0 0 rg BT 340.92 466.00 Td (dif) Tj ET Q q 0 0 0 rg BT 351.30 466.00 Td (ferent ) Tj ET Q q 0 0 0 rg BT 382.21 466.00 Td (channels, ) Tj ET Q q 0 0 0 rg BT 430.35 466.00 Td (including ) Tj ET Q q 0 0 0 rg BT 475.17 466.00 Td (mobile, ) Tj ET Q q 0 0 0 rg BT 512.74 466.00 Td (and ) Tj ET Q q 0 0 0 rg BT 534.76 466.00 Td (newer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.00 Td (advertising ) Tj ET Q q 0 0 0 rg BT 101.66 454.00 Td (formats, ) Tj ET Q q 0 0 0 rg BT 141.08 454.00 Td (and ) Tj ET Q q 0 0 0 rg BT 161.07 454.00 Td (the ) Tj ET Q q 0 0 0 rg BT 178.27 454.00 Td (margins ) Tj ET Q q 0 0 0 rg BT 217.14 454.00 Td (from ) Tj ET Q q 0 0 0 rg BT 240.44 454.00 Td (the ) Tj ET Q q 0 0 0 rg BT 257.64 454.00 Td (advertising ) Tj ET Q q 0 0 0 rg BT 309.30 454.00 Td (revenues ) Tj ET Q q 0 0 0 rg BT 353.74 454.00 Td (from ) Tj ET Q q 0 0 0 rg BT 377.05 454.00 Td (these ) Tj ET Q q 0 0 0 rg BT 404.81 454.00 Td (channels ) Tj ET Q q 0 0 0 rg BT 448.14 454.00 Td (and ) Tj ET Q q 0 0 0 rg BT 468.13 454.00 Td (newer ) Tj ET Q q 0 0 0 rg BT 498.67 454.00 Td (products ) Tj ET Q q 0 0 0 rg BT 540.32 454.00 Td (have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.00 Td (generally ) Tj ET Q q 0 0 0 rg BT 92.71 442.00 Td (been ) Tj ET Q q 0 0 0 rg BT 117.09 442.00 Td (lower ) Tj ET Q q 0 0 0 rg BT 143.12 442.00 Td (than ) Tj ET Q q 0 0 0 rg BT 164.71 442.00 Td (those ) Tj ET Q q 0 0 0 rg BT 191.31 442.00 Td (from ) Tj ET Q q 0 0 0 rg BT 213.44 442.00 Td (traditional ) Tj ET Q q 0 0 0 rg BT 258.93 442.00 Td (desktop ) Tj ET Q q 0 0 0 rg BT 296.08 442.00 Td (search. ) Tj ET Q q 0 0 0 rg BT 330.58 442.00 Td (Additionally) Tj ET Q q 0 0 0 rg BT 380.99 442.00 Td (, ) Tj ET Q q 0 0 0 rg BT 385.90 442.00 Td (as ) Tj ET Q q 0 0 0 rg BT 398.59 442.00 Td (the ) Tj ET Q q 0 0 0 rg BT 414.62 442.00 Td (market ) Tj ET Q q 0 0 0 rg BT 447.31 442.00 Td (for ) Tj ET Q q 0 0 0 rg BT 461.11 442.00 Td (a ) Tj ET Q q 0 0 0 rg BT 468.81 442.00 Td (particular ) Tj ET Q q 0 0 0 rg BT 512.07 442.00 Td (device ) Tj ET Q q 0 0 0 rg BT 543.10 442.00 Td (type ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.00 Td (or ) Tj ET Q q 0 0 0 rg BT 61.33 430.00 Td (modality ) Tj ET Q q 0 0 0 rg BT 101.00 430.00 Td (matures ) Tj ET Q q 0 0 0 rg BT 139.56 430.00 Td (our ) Tj ET Q q 0 0 0 rg BT 156.44 430.00 Td (revenues ) Tj ET Q q 0 0 0 rg BT 200.02 430.00 Td (may ) Tj ET Q q 0 0 0 rg BT 221.34 430.00 Td (be ) Tj ET Q q 0 0 0 rg BT 234.90 430.00 Td (af) Tj ET Q q 0 0 0 rg BT 243.06 430.00 Td (fected. ) Tj ET Q q 0 0 0 rg BT 275.52 430.00 Td (For ) Tj ET Q q 0 0 0 rg BT 292.95 430.00 Td (example, ) Tj ET Q q 0 0 0 rg BT 335.96 430.00 Td (growth ) Tj ET Q q 0 0 0 rg BT 368.41 430.00 Td (in ) Tj ET Q q 0 0 0 rg BT 378.63 430.00 Td (the ) Tj ET Q q 0 0 0 rg BT 394.97 430.00 Td (global ) Tj ET Q q 0 0 0 rg BT 424.09 430.00 Td (smartphone ) Tj ET Q q 0 0 0 rg BT 479.33 430.00 Td (market ) Tj ET Q q 0 0 0 rg BT 512.33 430.00 Td (has ) Tj ET Q q 0 0 0 rg BT 530.89 430.00 Td (slowed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.00 Td (due ) Tj ET Q q 0 0 0 rg BT 70.52 418.00 Td (to ) Tj ET Q q 0 0 0 rg BT 82.69 418.00 Td (various ) Tj ET Q q 0 0 0 rg BT 118.76 418.00 Td (factors, ) Tj ET Q q 0 0 0 rg BT 155.38 418.00 Td (including ) Tj ET Q q 0 0 0 rg BT 198.68 418.00 Td (increased ) Tj ET Q q 0 0 0 rg BT 245.88 418.00 Td (market ) Tj ET Q q 0 0 0 rg BT 280.27 418.00 Td (saturation ) Tj ET Q q 0 0 0 rg BT 328.02 418.00 Td (in ) Tj ET Q q 0 0 0 rg BT 339.63 418.00 Td (developed ) Tj ET Q q 0 0 0 rg BT 389.62 418.00 Td (countries, ) Tj ET Q q 0 0 0 rg BT 436.81 418.00 Td (which ) Tj ET Q q 0 0 0 rg BT 466.21 418.00 Td (can ) Tj ET Q q 0 0 0 rg BT 486.16 418.00 Td (af) Tj ET Q q 0 0 0 rg BT 494.32 418.00 Td (fect ) Tj ET Q q 0 0 0 rg BT 514.27 418.00 Td (our ) Tj ET Q q 0 0 0 rg BT 532.56 418.00 Td (mobile ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.00 Td (advertising ) Tj ET Q q 0 0 0 rg BT 101.14 406.00 Td (revenue ) Tj ET Q q 0 0 0 rg BT 140.05 406.00 Td (growth ) Tj ET Q q 0 0 0 rg BT 172.85 406.00 Td (rates. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 388.00 Td (W) Tj ET Q q 0 0 0 rg BT 81.76 388.00 Td (e ) Tj ET Q q 0 0 0 rg BT 89.71 388.00 Td (expect ) Tj ET Q q 0 0 0 rg BT 121.42 388.00 Td (T) Tj ET Q q 0 0 0 rg BT 126.78 388.00 Td (AC ) Tj ET Q q 0 0 0 rg BT 143.07 388.00 Td (paid ) Tj ET Q q 0 0 0 rg BT 164.37 388.00 Td (to ) Tj ET Q q 0 0 0 rg BT 175.10 388.00 Td (our ) Tj ET Q q 0 0 0 rg BT 191.95 388.00 Td (distribution ) Tj ET Q q 0 0 0 rg BT 242.70 388.00 Td (partners ) Tj ET Q q 0 0 0 rg BT 281.78 388.00 Td (to ) Tj ET Q q 0 0 0 rg BT 292.52 388.00 Td (increase ) Tj ET Q q 0 0 0 rg BT 332.71 388.00 Td (as ) Tj ET Q q 0 0 0 rg BT 345.67 388.00 Td (our ) Tj ET Q q 0 0 0 rg BT 362.51 388.00 Td (revenues ) Tj ET Q q 0 0 0 rg BT 406.05 388.00 Td (grow ) Tj ET Q q 0 0 0 rg BT 430.12 388.00 Td (and ) Tj ET Q q 0 0 0 rg BT 449.19 388.00 Td (to ) Tj ET Q q 0 0 0 rg BT 459.93 388.00 Td (be ) Tj ET Q q 0 0 0 rg BT 473.45 388.00 Td (af) Tj ET Q q 0 0 0 rg BT 481.61 388.00 Td (fected ) Tj ET Q q 0 0 0 rg BT 511.24 388.00 Td (by ) Tj ET Q q 0 0 0 rg BT 524.20 388.00 Td (changes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 376.00 Td (in ) Tj ET Q q 0 0 0 rg BT 59.66 376.00 Td (device ) Tj ET Q q 0 0 0 rg BT 90.45 376.00 Td (mix; ) Tj ET Q q 0 0 0 rg BT 110.66 376.00 Td (geographic ) Tj ET Q q 0 0 0 rg BT 162.02 376.00 Td (mix; ) Tj ET Q q 0 0 0 rg BT 182.23 376.00 Td (partner ) Tj ET Q q 0 0 0 rg BT 215.79 376.00 Td (mix; ) Tj ET Q q 0 0 0 rg BT 236.00 376.00 Td (partner ) Tj ET Q q 0 0 0 rg BT 269.56 376.00 Td (agreement ) Tj ET Q q 0 0 0 rg BT 319.25 376.00 Td (terms; ) Tj ET Q q 0 0 0 rg BT 348.91 376.00 Td (and ) Tj ET Q q 0 0 0 rg BT 367.47 376.00 Td (the ) Tj ET Q q 0 0 0 rg BT 383.25 376.00 Td (percentage ) Tj ET Q q 0 0 0 rg BT 435.17 376.00 Td (of ) Tj ET Q q 0 0 0 rg BT 445.39 376.00 Td (queries ) Tj ET Q q 0 0 0 rg BT 480.06 376.00 Td (channeled ) Tj ET Q q 0 0 0 rg BT 528.09 376.00 Td (through ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 364.00 Td (paid ) Tj ET Q q 0 0 0 rg BT 71.68 364.00 Td (access ) Tj ET Q q 0 0 0 rg BT 105.59 364.00 Td (points. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 346.00 Td (W) Tj ET Q q 0 0 0 rg BT 81.76 346.00 Td (e ) Tj ET Q q 0 0 0 rg BT 90.01 346.00 Td (expect ) Tj ET Q q 0 0 0 rg BT 122.17 346.00 Td (these ) Tj ET Q q 0 0 0 rg BT 149.33 346.00 Td (trends ) Tj ET Q q 0 0 0 rg BT 179.82 346.00 Td (to ) Tj ET Q q 0 0 0 rg BT 190.85 346.00 Td (continue ) Tj ET Q q 0 0 0 rg BT 231.35 346.00 Td (to ) Tj ET Q q 0 0 0 rg BT 242.39 346.00 Td (put ) Tj ET Q q 0 0 0 rg BT 258.98 346.00 Td (pressure ) Tj ET Q q 0 0 0 rg BT 300.58 346.00 Td (on ) Tj ET Q q 0 0 0 rg BT 314.40 346.00 Td (our ) Tj ET Q q 0 0 0 rg BT 331.55 346.00 Td (overall ) Tj ET Q q 0 0 0 rg BT 363.70 346.00 Td (margins ) Tj ET Q q 0 0 0 rg BT 401.96 346.00 Td (and ) Tj ET Q q 0 0 0 rg BT 421.34 346.00 Td (af) Tj ET Q q 0 0 0 rg BT 429.50 346.00 Td (fect ) Tj ET Q q 0 0 0 rg BT 448.31 346.00 Td (our ) Tj ET Q q 0 0 0 rg BT 465.46 346.00 Td (revenue ) Tj ET Q q 0 0 0 rg BT 504.29 346.00 Td (growth ) Tj ET Q q 0 0 0 rg BT 537.00 346.00 Td (rates.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.50 328.00 Td (?) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 86.00 328.00 Td (As ) Tj ET Q q 0 0 0 rg BT 102.66 328.00 Td (online ) Tj ET Q q 0 0 0 rg BT 135.98 328.00 Td (advertising ) Tj ET Q q 0 0 0 rg BT 193.20 328.00 Td (evolves, ) Tj ET Q q 0 0 0 rg BT 236.55 328.00 Td (we ) Tj ET Q q 0 0 0 rg BT 253.77 328.00 Td (continue ) Tj ET Q q 0 0 0 rg BT 299.31 328.00 Td (to ) Tj ET Q q 0 0 0 rg BT 312.62 328.00 Td (expand ) Tj ET Q q 0 0 0 rg BT 351.51 328.00 Td (our ) Tj ET Q q 0 0 0 rg BT 371.49 328.00 Td (product ) Tj ET Q q 0 0 0 rg BT 412.59 328.00 Td (offerings ) Tj ET Q q 0 0 0 rg BT 459.24 328.00 Td (which ) Tj ET Q q 0 0 0 rg BT 491.45 328.00 Td (may ) Tj ET Q q 0 0 0 rg BT 515.34 328.00 Td (affect ) Tj ET Q q 0 0 0 rg BT 545.89 328.00 Td (our ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 316.00 Td (monetization.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 298.00 Td (As ) Tj ET Q q 0 0 0 rg BT 88.08 298.00 Td (interactions ) Tj ET Q q 0 0 0 rg BT 143.13 298.00 Td (between ) Tj ET Q q 0 0 0 rg BT 184.85 298.00 Td (users ) Tj ET Q q 0 0 0 rg BT 213.21 298.00 Td (and ) Tj ET Q q 0 0 0 rg BT 233.81 298.00 Td (advertisers ) Tj ET Q q 0 0 0 rg BT 286.63 298.00 Td (change ) Tj ET Q q 0 0 0 rg BT 323.34 298.00 Td (and ) Tj ET Q q 0 0 0 rg BT 343.94 298.00 Td (as ) Tj ET Q q 0 0 0 rg BT 358.41 298.00 Td (online ) Tj ET Q q 0 0 0 rg BT 389.01 298.00 Td (user ) Tj ET Q q 0 0 0 rg BT 412.38 298.00 Td (behavior ) Tj ET Q q 0 0 0 rg BT 454.65 298.00 Td (evolves, ) Tj ET Q q 0 0 0 rg BT 495.24 298.00 Td (we ) Tj ET Q q 0 0 0 rg BT 511.94 298.00 Td (continue ) Tj ET Q q 0 0 0 rg BT 553.66 298.00 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.00 Td (expand ) Tj ET Q q 0 0 0 rg BT 85.17 286.00 Td (and ) Tj ET Q q 0 0 0 rg BT 104.23 286.00 Td (evolve ) Tj ET Q q 0 0 0 rg BT 135.50 286.00 Td (our ) Tj ET Q q 0 0 0 rg BT 152.32 286.00 Td (product ) Tj ET Q q 0 0 0 rg BT 188.04 286.00 Td (of) Tj ET Q q 0 0 0 rg BT 196.20 286.00 Td (ferings ) Tj ET Q q 0 0 0 rg BT 228.58 286.00 Td (to ) Tj ET Q q 0 0 0 rg BT 239.29 286.00 Td (serve ) Tj ET Q q 0 0 0 rg BT 266.11 286.00 Td (their ) Tj ET Q q 0 0 0 rg BT 287.93 286.00 Td (changing ) Tj ET Q q 0 0 0 rg BT 330.89 286.00 Td (needs. ) Tj ET Q q 0 0 0 rg BT 363.28 286.00 Td (Over ) Tj ET Q q 0 0 0 rg BT 387.32 286.00 Td (time, ) Tj ET Q q 0 0 0 rg BT 411.35 286.00 Td (we ) Tj ET Q q 0 0 0 rg BT 426.50 286.00 Td (expect ) Tj ET Q q 0 0 0 rg BT 458.33 286.00 Td (our ) Tj ET Q q 0 0 0 rg BT 475.16 286.00 Td (monetization ) Tj ET Q q 0 0 0 rg BT 534.22 286.00 Td (trends ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 274.00 Td (to ) Tj ET Q q 0 0 0 rg BT 61.67 274.00 Td (fluctuate. ) Tj ET Q q 0 0 0 rg BT 105.58 274.00 Td (For ) Tj ET Q q 0 0 0 rg BT 123.90 274.00 Td (example, ) Tj ET Q q 0 0 0 rg BT 167.81 274.00 Td (we ) Tj ET Q q 0 0 0 rg BT 183.92 274.00 Td (have ) Tj ET Q q 0 0 0 rg BT 208.93 274.00 Td (seen ) Tj ET Q q 0 0 0 rg BT 233.94 274.00 Td (an ) Tj ET Q q 0 0 0 rg BT 248.39 274.00 Td (increase ) Tj ET Q q 0 0 0 rg BT 289.52 274.00 Td (in ) Tj ET Q q 0 0 0 rg BT 300.41 274.00 Td (Y) Tj ET Q q 0 0 0 rg BT 306.17 274.00 Td (ouT) Tj ET Q q 0 0 0 rg BT 323.03 274.00 Td (ube ) Tj ET Q q 0 0 0 rg BT 343.04 274.00 Td (engagement ) Tj ET Q q 0 0 0 rg BT 401.97 274.00 Td (ads, ) Tj ET Q q 0 0 0 rg BT 424.20 274.00 Td (which ) Tj ET Q q 0 0 0 rg BT 453.09 274.00 Td (monetize ) Tj ET Q q 0 0 0 rg BT 496.99 274.00 Td (at ) Tj ET Q q 0 0 0 rg BT 508.66 274.00 Td (a ) Tj ET Q q 0 0 0 rg BT 517.55 274.00 Td (lower ) Tj ET Q q 0 0 0 rg BT 544.77 274.00 Td (rate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 262.00 Td (than ) Tj ET Q q 0 0 0 rg BT 72.24 262.00 Td (traditional ) Tj ET Q q 0 0 0 rg BT 118.38 262.00 Td (search ) Tj ET Q q 0 0 0 rg BT 151.17 262.00 Td (ads. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.50 244.00 Td (?) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 86.00 244.00 Td (As ) Tj ET Q q 0 0 0 rg BT 100.89 244.00 Td (users ) Tj ET Q q 0 0 0 rg BT 129.69 244.00 Td (in ) Tj ET Q q 0 0 0 rg BT 140.68 244.00 Td (developing ) Tj ET Q q 0 0 0 rg BT 195.58 244.00 Td (economies ) Tj ET Q q 0 0 0 rg BT 249.93 244.00 Td (increasingly ) Tj ET Q q 0 0 0 rg BT 310.39 244.00 Td (come ) Tj ET Q q 0 0 0 rg BT 338.63 244.00 Td (online, ) Tj ET Q q 0 0 0 rg BT 372.96 244.00 Td (our ) Tj ET Q q 0 0 0 rg BT 391.18 244.00 Td (revenues ) Tj ET Q q 0 0 0 rg BT 437.20 244.00 Td (from ) Tj ET Q q 0 0 0 rg BT 461.53 244.00 Td (international ) Tj ET Q q 0 0 0 rg BT 523.65 244.00 Td (markets ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 232.00 Td (continue ) Tj ET Q q 0 0 0 rg BT 94.44 232.00 Td (to ) Tj ET Q q 0 0 0 rg BT 106.66 232.00 Td (increase ) Tj ET Q q 0 0 0 rg BT 150.02 232.00 Td (and ) Tj ET Q q 0 0 0 rg BT 170.58 232.00 Td (movements ) Tj ET Q q 0 0 0 rg BT 228.94 232.00 Td (in ) Tj ET Q q 0 0 0 rg BT 240.60 232.00 Td (foreign ) Tj ET Q q 0 0 0 rg BT 277.27 232.00 Td (exchange ) Tj ET Q q 0 0 0 rg BT 326.18 232.00 Td (rates ) Tj ET Q q 0 0 0 rg BT 352.86 232.00 Td (affect ) Tj ET Q q 0 0 0 rg BT 382.31 232.00 Td (such ) Tj ET Q q 0 0 0 rg BT 408.43 232.00 Td (revenues.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 214.00 Td (The ) Tj ET Q q 0 0 0 rg BT 92.24 214.00 Td (shift ) Tj ET Q q 0 0 0 rg BT 113.08 214.00 Td (to ) Tj ET Q q 0 0 0 rg BT 123.92 214.00 Td (online, ) Tj ET Q q 0 0 0 rg BT 155.90 214.00 Td (as ) Tj ET Q q 0 0 0 rg BT 168.96 214.00 Td (well ) Tj ET Q q 0 0 0 rg BT 188.69 214.00 Td (as ) Tj ET Q q 0 0 0 rg BT 201.76 214.00 Td (the ) Tj ET Q q 0 0 0 rg BT 218.17 214.00 Td (advent ) Tj ET Q q 0 0 0 rg BT 250.69 214.00 Td (of ) Tj ET Q q 0 0 0 rg BT 261.54 214.00 Td (the ) Tj ET Q q 0 0 0 rg BT 277.94 214.00 Td (multi-device ) Tj ET Q q 0 0 0 rg BT 333.80 214.00 Td (world, ) Tj ET Q q 0 0 0 rg BT 362.98 214.00 Td (has ) Tj ET Q q 0 0 0 rg BT 381.60 214.00 Td (brought ) Tj ET Q q 0 0 0 rg BT 418.02 214.00 Td (opportunities ) Tj ET Q q 0 0 0 rg BT 477.79 214.00 Td (outside ) Tj ET Q q 0 0 0 rg BT 512.54 214.00 Td (of ) Tj ET Q q 0 0 0 rg BT 523.38 214.00 Td (the ) Tj ET Q q 0 0 0 rg BT 539.79 214.00 Td (U.S., ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.00 Td (including ) Tj ET Q q 0 0 0 rg BT 91.73 202.00 Td (in ) Tj ET Q q 0 0 0 rg BT 101.78 202.00 Td (emerging ) Tj ET Q q 0 0 0 rg BT 145.73 202.00 Td (markets, ) Tj ET Q q 0 0 0 rg BT 186.33 202.00 Td (and ) Tj ET Q q 0 0 0 rg BT 205.27 202.00 Td (we ) Tj ET Q q 0 0 0 rg BT 220.31 202.00 Td (continue ) Tj ET Q q 0 0 0 rg BT 260.38 202.00 Td (to ) Tj ET Q q 0 0 0 rg BT 270.98 202.00 Td (develop ) Tj ET Q q 0 0 0 rg BT 308.27 202.00 Td (localized ) Tj ET Q q 0 0 0 rg BT 349.44 202.00 Td (versions ) Tj ET Q q 0 0 0 rg BT 388.94 202.00 Td (of ) Tj ET Q q 0 0 0 rg BT 399.54 202.00 Td (our ) Tj ET Q q 0 0 0 rg BT 416.25 202.00 Td (products ) Tj ET Q q 0 0 0 rg BT 456.87 202.00 Td (and ) Tj ET Q q 0 0 0 rg BT 475.81 202.00 Td (relevant ) Tj ET Q q 0 0 0 rg BT 513.65 202.00 Td (advertising ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 190.00 Td (programs ) Tj ET Q q 0 0 0 rg BT 94.21 190.00 Td (useful ) Tj ET Q q 0 0 0 rg BT 122.86 190.00 Td (to ) Tj ET Q q 0 0 0 rg BT 133.17 190.00 Td (our ) Tj ET Q q 0 0 0 rg BT 149.60 190.00 Td (users ) Tj ET Q q 0 0 0 rg BT 176.02 190.00 Td (in ) Tj ET Q q 0 0 0 rg BT 185.78 190.00 Td (these ) Tj ET Q q 0 0 0 rg BT 212.21 190.00 Td (markets. ) Tj ET Q q 0 0 0 rg BT 252.39 190.00 Td (This ) Tj ET Q q 0 0 0 rg BT 273.26 190.00 Td (has ) Tj ET Q q 0 0 0 rg BT 291.35 190.00 Td (led ) Tj ET Q q 0 0 0 rg BT 306.67 190.00 Td (to ) Tj ET Q q 0 0 0 rg BT 316.98 190.00 Td (a ) Tj ET Q q 0 0 0 rg BT 324.51 190.00 Td (trend ) Tj ET Q q 0 0 0 rg BT 349.27 190.00 Td (of ) Tj ET Q q 0 0 0 rg BT 359.59 190.00 Td (increased ) Tj ET Q q 0 0 0 rg BT 404.92 190.00 Td (revenues ) Tj ET Q q 0 0 0 rg BT 448.03 190.00 Td (from ) Tj ET Q q 0 0 0 rg BT 470.00 190.00 Td (international ) Tj ET Q q 0 0 0 rg BT 526.45 190.00 Td (markets ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 178.00 Td (over ) Tj ET Q q 0 0 0 rg BT 71.95 178.00 Td (time ) Tj ET Q q 0 0 0 rg BT 93.34 178.00 Td (and ) Tj ET Q q 0 0 0 rg BT 112.53 178.00 Td (we ) 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Td (more ) Tj ET Q q 0 0 0 rg BT 207.30 154.00 Td (mature ) Tj ET Q q 0 0 0 rg BT 241.20 154.00 Td (markets.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 136.00 Td (Our ) Tj ET Q q 0 0 0 rg BT 91.06 136.00 Td (international ) Tj ET Q q 0 0 0 rg BT 147.44 136.00 Td (revenues ) Tj ET Q q 0 0 0 rg BT 190.48 136.00 Td (represent ) Tj ET Q q 0 0 0 rg BT 234.62 136.00 Td (a ) Tj ET Q q 0 0 0 rg BT 242.07 136.00 Td (significant ) Tj ET Q q 0 0 0 rg BT 288.44 136.00 Td (portion ) Tj ET Q q 0 0 0 rg BT 320.91 136.00 Td (of ) Tj ET Q q 0 0 0 rg BT 331.14 136.00 Td (our ) Tj ET Q q 0 0 0 rg BT 347.49 136.00 Td (revenues ) Tj ET Q q 0 0 0 rg BT 390.52 136.00 Td (and ) Tj ET Q q 0 0 0 rg BT 409.10 136.00 Td (are ) Tj ET Q q 0 0 0 rg BT 425.45 136.00 Td (subject ) Tj ET Q q 0 0 0 rg BT 459.03 136.00 Td (to ) Tj ET Q q 0 0 0 rg BT 469.26 136.00 Td (fluctuations ) Tj ET Q q 0 0 0 rg BT 521.75 136.00 Td (in ) Tj ET Q q 0 0 0 rg BT 531.42 136.00 Td (foreign ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 124.00 Td (currency ) Tj ET Q q 0 0 0 rg BT 91.93 124.00 Td (exchange ) Tj ET Q q 0 0 0 rg BT 138.88 124.00 Td (rates ) Tj ET Q q 0 0 0 rg BT 164.69 124.00 Td (relative ) Tj ET Q q 0 0 0 rg BT 200.51 124.00 Td (to ) Tj ET Q q 0 0 0 rg BT 212.43 124.00 Td (the ) Tj ET Q q 0 0 0 rg BT 229.91 124.00 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 252.94 124.00 Td (dollar) Tj ET Q q 0 0 0 rg BT 276.85 124.00 Td (. ) Tj ET Q q 0 0 0 rg BT 283.21 124.00 Td (While ) Tj ET Q q 0 0 0 rg BT 311.79 124.00 Td (we ) Tj ET Q q 0 0 0 rg BT 328.16 124.00 Td (have ) Tj ET Q q 0 0 0 rg BT 353.43 124.00 Td (a ) Tj ET Q q 0 0 0 rg BT 362.57 124.00 Td (foreign ) Tj ET Q q 0 0 0 rg BT 396.73 124.00 Td (exchange ) Tj ET Q q 0 0 0 rg BT 443.68 124.00 Td (risk ) Tj ET Q q 0 0 0 rg BT 462.81 124.00 Td (management ) Tj ET Q q 0 0 0 rg BT 524.76 124.00 Td (program ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 112.00 Td (designed ) Tj ET Q q 0 0 0 rg BT 93.36 112.00 Td (to ) Tj ET Q q 0 0 0 rg BT 104.47 112.00 Td (reduce ) Tj ET Q q 0 0 0 rg BT 137.82 112.00 Td (our ) Tj ET Q q 0 0 0 rg BT 155.04 112.00 Td (exposure ) Tj ET Q q 0 0 0 rg BT 198.95 112.00 Td (to ) Tj ET Q q 0 0 0 rg BT 210.06 112.00 Td (these ) Tj ET Q q 0 0 0 rg BT 237.29 112.00 Td (fluctuations, ) Tj ET Q q 0 0 0 rg BT 293.42 112.00 Td (this ) Tj ET Q q 0 0 0 rg BT 311.76 112.00 Td (program ) Tj ET Q q 0 0 0 rg BT 351.76 112.00 Td (does ) Tj ET Q q 0 0 0 rg BT 376.22 112.00 Td (not ) Tj ET Q q 0 0 0 rg BT 392.89 112.00 Td (fully ) Tj ET Q q 0 0 0 rg BT 413.44 112.00 Td (of) Tj ET Q q 0 0 0 rg BT 421.60 112.00 Td (fset ) Tj ET Q q 0 0 0 rg BT 440.49 112.00 Td (their ) Tj ET Q q 0 0 0 rg BT 462.71 112.00 Td (ef) Tj ET Q q 0 0 0 rg BT 470.87 112.00 Td (fect ) Tj ET Q q 0 0 0 rg BT 489.76 112.00 Td (on ) Tj ET Q q 0 0 0 rg BT 503.65 112.00 Td (our ) Tj ET Q q 0 0 0 rg BT 520.88 112.00 Td (revenues ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 100.00 Td (and ) Tj ET Q q 0 0 0 rg BT 69.46 100.00 Td (earnings.) 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Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 86.00 741.75 Td (The ) Tj ET Q q 0 0 0 rg BT 105.73 741.75 Td (portion ) Tj ET Q q 0 0 0 rg BT 142.11 741.75 Td (of ) Tj ET Q q 0 0 0 rg BT 153.50 741.75 Td (our ) Tj ET Q q 0 0 0 rg BT 171.55 741.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 217.42 741.75 Td (that ) Tj ET Q q 0 0 0 rg BT 237.69 741.75 Td (we ) Tj ET Q q 0 0 0 rg BT 252.98 741.75 Td (derive ) Tj ET Q q 0 0 0 rg BT 284.39 741.75 Td (from ) Tj ET Q q 0 0 0 rg BT 308.56 741.75 Td (non-advertising ) Tj ET Q q 0 0 0 rg BT 385.52 741.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 431.38 741.75 Td (is ) Tj ET Q q 0 0 0 rg BT 441.67 741.75 Td (increasing ) Tj ET Q q 0 0 0 rg BT 493.64 741.75 Td (and ) Tj ET Q q 0 0 0 rg BT 513.36 741.75 Td (may ) Tj ET Q q 0 0 0 rg BT 535.33 741.75 Td (affect ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 729.75 Td (margins.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 711.75 Td (Non-advertising ) Tj ET Q q 0 0 0 rg BT 144.92 711.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 188.44 711.75 Td (have ) Tj ET Q q 0 0 0 rg BT 212.51 711.75 Td (grown ) Tj ET Q q 0 0 0 rg BT 242.13 711.75 Td (over ) Tj ET Q q 0 0 0 rg BT 263.96 711.75 Td (time. ) Tj ET Q q 0 0 0 rg BT 288.02 711.75 Td (W) Tj ET Q q 0 0 0 rg BT 297.28 711.75 Td (e ) Tj ET Q q 0 0 0 rg BT 305.22 711.75 Td (expect ) Tj ET Q q 0 0 0 rg BT 337.07 711.75 Td (this ) Tj ET Q q 0 0 0 rg BT 355.01 711.75 Td (trend ) Tj ET Q q 0 0 0 rg BT 380.19 711.75 Td (to ) Tj ET Q q 0 0 0 rg BT 390.91 711.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 431.11 711.75 Td (as ) Tj ET Q q 0 0 0 rg BT 444.05 711.75 Td (we ) Tj ET Q q 0 0 0 rg BT 459.22 711.75 Td (focus ) Tj ET Q q 0 0 0 rg BT 485.50 711.75 Td (on ) Tj ET Q q 0 0 0 rg BT 499.01 711.75 Td (expanding ) Tj ET Q q 0 0 0 rg BT 547.55 711.75 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 699.75 Td (of) Tj ET Q q 0 0 0 rg BT 58.16 699.75 Td (ferings ) Tj ET Q q 0 0 0 rg BT 90.20 699.75 Td (to ) Tj ET Q q 0 0 0 rg BT 100.56 699.75 Td (our ) Tj ET Q q 0 0 0 rg BT 117.04 699.75 Td (users ) Tj ET Q q 0 0 0 rg BT 143.52 699.75 Td (through ) Tj ET Q q 0 0 0 rg BT 179.46 699.75 Td (products ) Tj ET Q q 0 0 0 rg BT 219.83 699.75 Td (and ) Tj ET Q q 0 0 0 rg BT 238.54 699.75 Td (services ) Tj ET Q q 0 0 0 rg BT 277.24 699.75 Td (like ) Tj ET Q q 0 0 0 rg BT 294.27 699.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 328.54 699.75 Td (Cloud, ) Tj ET Q q 0 0 0 rg BT 359.47 699.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 393.74 699.75 Td (Play) Tj ET Q q 0 0 0 rg BT 412.45 699.75 Td (, ) Tj ET Q q 0 0 0 rg BT 417.25 699.75 Td (hardware ) Tj ET Q q 0 0 0 rg BT 460.97 699.75 Td (products, ) Tj ET Q q 0 0 0 rg BT 504.12 699.75 Td (and ) Tj ET Q q 0 0 0 rg BT 522.70 699.75 Td (Y) Tj ET Q q 0 0 0 rg BT 528.45 699.75 Td (ouT) Tj ET Q q 0 0 0 rg BT 545.31 699.75 Td (ube ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 687.75 Td (subscriptions. ) Tj ET Q q 0 0 0 rg BT 113.40 687.75 Td (Across ) Tj ET Q q 0 0 0 rg BT 146.79 687.75 Td (these ) Tj ET Q q 0 0 0 rg BT 174.08 687.75 Td (initiatives, ) Tj ET Q q 0 0 0 rg BT 220.82 687.75 Td (we ) Tj ET Q q 0 0 0 rg BT 236.43 687.75 Td (currently ) Tj ET Q q 0 0 0 rg BT 277.60 687.75 Td (derive ) Tj ET Q q 0 0 0 rg BT 307.66 687.75 Td (non-advertising ) Tj ET Q q 0 0 0 rg BT 378.86 687.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 422.83 687.75 Td (primarily ) Tj ET Q q 0 0 0 rg BT 463.43 687.75 Td (from ) Tj ET Q q 0 0 0 rg BT 486.26 687.75 Td (sales ) Tj ET Q q 0 0 0 rg BT 512.43 687.75 Td (of ) Tj ET Q q 0 0 0 rg BT 523.60 687.75 Td (apps, ) Tj ET Q q 0 0 0 rg BT 550.89 687.75 Td (in-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 675.75 Td (app ) Tj ET Q q 0 0 0 rg BT 70.13 675.75 Td (purchases, ) Tj ET Q q 0 0 0 rg BT 122.50 675.75 Td (digital ) Tj ET Q q 0 0 0 rg BT 152.07 675.75 Td (content ) Tj ET Q q 0 0 0 rg BT 188.32 675.75 Td (products, ) Tj ET Q q 0 0 0 rg BT 232.90 675.75 Td (and ) Tj ET Q q 0 0 0 rg BT 253.03 675.75 Td (hardware; ) Tj ET Q q 0 0 0 rg BT 300.95 675.75 Td (and ) Tj ET Q q 0 0 0 rg BT 321.08 675.75 Td (licensing ) Tj ET Q q 0 0 0 rg BT 363.44 675.75 Td (and ) Tj ET Q q 0 0 0 rg BT 383.57 675.75 Td (service ) Tj ET Q q 0 0 0 rg BT 418.69 675.75 Td (fees, ) Tj ET Q q 0 0 0 rg BT 443.82 675.75 Td (including ) Tj ET Q q 0 0 0 rg BT 486.74 675.75 Td (fees ) Tj ET Q q 0 0 0 rg BT 509.09 675.75 Td (received ) Tj ET Q q 0 0 0 rg BT 550.33 675.75 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 663.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 85.57 663.75 Td (Cloud ) Tj ET Q q 0 0 0 rg BT 115.03 663.75 Td (of) Tj ET Q q 0 0 0 rg BT 123.19 663.75 Td (ferings ) Tj ET Q q 0 0 0 rg BT 156.53 663.75 Td (and ) Tj ET Q q 0 0 0 rg BT 176.54 663.75 Td (subscription ) Tj ET Q q 0 0 0 rg BT 233.23 663.75 Td (and ) Tj ET Q q 0 0 0 rg BT 253.24 663.75 Td (other ) Tj ET Q q 0 0 0 rg BT 279.36 663.75 Td (services. ) Tj ET Q q 0 0 0 rg BT 321.93 663.75 Td (The ) Tj ET Q q 0 0 0 rg BT 342.49 663.75 Td (margins ) Tj ET Q q 0 0 0 rg BT 381.38 663.75 Td (on ) Tj ET Q q 0 0 0 rg BT 395.83 663.75 Td (these ) Tj ET Q q 0 0 0 rg BT 423.62 663.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 468.09 663.75 Td (vary ) Tj ET Q q 0 0 0 rg BT 490.31 663.75 Td (significantly ) Tj ET Q q 0 0 0 rg BT 545.32 663.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 651.75 Td (may ) Tj ET Q q 0 0 0 rg BT 71.81 651.75 Td (be ) Tj ET Q q 0 0 0 rg BT 85.86 651.75 Td (lower ) Tj ET Q q 0 0 0 rg BT 112.68 651.75 Td (than ) Tj ET Q q 0 0 0 rg BT 135.06 651.75 Td (the ) Tj ET Q q 0 0 0 rg BT 151.89 651.75 Td (margins ) Tj ET Q q 0 0 0 rg BT 190.38 651.75 Td (on ) Tj ET Q q 0 0 0 rg BT 204.42 651.75 Td (our ) Tj ET Q q 0 0 0 rg BT 221.80 651.75 Td (advertising ) Tj ET Q q 0 0 0 rg BT 273.08 651.75 Td (revenues. ) Tj ET Q q 0 0 0 rg BT 319.34 651.75 Td (A) Tj ET Q q 0 0 0 rg BT 325.45 651.75 Td ( ) Tj ET Q q 0 0 0 rg BT 328.38 651.75 Td (number ) Tj ET Q q 0 0 0 rg BT 365.21 651.75 Td (of ) Tj ET Q q 0 0 0 rg BT 376.47 651.75 Td (our ) Tj ET Q q 0 0 0 rg BT 393.84 651.75 Td (Other ) Tj ET Q q 0 0 0 rg BT 421.78 651.75 Td (Bets ) Tj ET Q q 0 0 0 rg BT 444.71 651.75 Td (initiatives ) Tj ET Q q 0 0 0 rg BT 488.76 651.75 Td (are ) Tj ET Q q 0 0 0 rg BT 506.13 651.75 Td (in ) Tj ET Q q 0 0 0 rg BT 516.84 651.75 Td (their ) Tj ET Q q 0 0 0 rg BT 539.21 651.75 Td (initial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 639.75 Td (development ) Tj ET Q q 0 0 0 rg BT 110.37 639.75 Td (stages, ) Tj ET Q q 0 0 0 rg BT 145.72 639.75 Td (and ) Tj ET Q q 0 0 0 rg BT 165.51 639.75 Td (as ) Tj ET Q q 0 0 0 rg BT 179.18 639.75 Td (such, ) Tj ET Q q 0 0 0 rg BT 206.19 639.75 Td (the ) Tj ET Q q 0 0 0 rg BT 223.20 639.75 Td (sources ) Tj ET Q q 0 0 0 rg BT 261.32 639.75 Td (of ) Tj ET Q q 0 0 0 rg BT 272.77 639.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 317.01 639.75 Td (from ) Tj ET Q q 0 0 0 rg BT 340.12 639.75 Td (these ) Tj ET Q q 0 0 0 rg BT 367.69 639.75 Td (businesses ) Tj ET Q q 0 0 0 rg BT 420.83 639.75 Td (could ) Tj ET Q q 0 0 0 rg BT 447.84 639.75 Td (change ) Tj ET Q q 0 0 0 rg BT 483.76 639.75 Td (over ) Tj ET Q q 0 0 0 rg BT 506.32 639.75 Td (time ) Tj ET Q q 0 0 0 rg BT 528.32 639.75 Td (and ) Tj ET Q q 0 0 0 rg BT 548.11 639.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 627.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 93.92 627.75 Td (could ) Tj ET Q q 0 0 0 rg BT 120.60 627.75 Td (be ) Tj ET Q q 0 0 0 rg BT 134.50 627.75 Td (volatile.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 72.50 609.75 Td (?) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 86.00 609.75 Td (As ) Tj ET Q q 0 0 0 rg BT 101.09 609.75 Td (we ) Tj ET Q q 0 0 0 rg BT 116.74 609.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 160.71 609.75 Td (to ) Tj ET Q q 0 0 0 rg BT 172.45 609.75 Td (serve ) Tj ET Q q 0 0 0 rg BT 200.90 609.75 Td (our ) Tj ET Q q 0 0 0 rg BT 219.31 609.75 Td (users ) Tj ET Q q 0 0 0 rg BT 248.30 609.75 Td (and ) Tj ET Q q 0 0 0 rg BT 268.38 609.75 Td (expand ) Tj ET Q q 0 0 0 rg BT 305.70 609.75 Td (our ) Tj ET Q q 0 0 0 rg BT 324.12 609.75 Td (businesses, ) Tj ET Q q 0 0 0 rg BT 383.67 609.75 Td (we ) Tj ET Q q 0 0 0 rg BT 399.32 609.75 Td (will ) Tj ET Q q 0 0 0 rg BT 417.74 609.75 Td (invest ) Tj ET Q q 0 0 0 rg BT 448.95 609.75 Td (heavily ) Tj ET Q q 0 0 0 rg BT 485.16 609.75 Td (in ) Tj ET Q q 0 0 0 rg BT 496.36 609.75 Td (operating ) Tj ET Q q 0 0 0 rg BT 544.22 609.75 Td (and ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 597.75 Td (capital ) Tj ET Q q 0 0 0 rg BT 84.46 597.75 Td (expenditures.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 579.75 Td (W) Tj ET Q q 0 0 0 rg BT 81.76 579.75 Td (e ) Tj ET Q q 0 0 0 rg BT 89.51 579.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 129.50 579.75 Td (to ) Tj ET Q q 0 0 0 rg BT 140.03 579.75 Td (make ) Tj ET Q q 0 0 0 rg BT 166.67 579.75 Td (significant ) Tj ET Q q 0 0 0 rg BT 213.33 579.75 Td (R&D ) Tj ET Q q 0 0 0 rg BT 236.63 579.75 Td (investments ) Tj ET Q q 0 0 0 rg BT 292.17 579.75 Td (in ) Tj ET Q q 0 0 0 rg BT 302.14 579.75 Td (areas ) Tj ET Q q 0 0 0 rg BT 329.35 579.75 Td (of ) Tj ET Q q 0 0 0 rg BT 339.87 579.75 Td (strategic ) Tj ET Q q 0 0 0 rg BT 379.85 579.75 Td (focus ) Tj ET Q q 0 0 0 rg BT 405.94 579.75 Td (such ) Tj ET Q q 0 0 0 rg BT 429.25 579.75 Td (as ) Tj ET Q q 0 0 0 rg BT 442.00 579.75 Td (advertising, ) Tj ET Q q 0 0 0 rg BT 495.33 579.75 Td (cloud, ) Tj ET Q q 0 0 0 rg BT 524.20 579.75 Td (machine ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 567.75 Td (learning, ) Tj ET Q q 0 0 0 rg BT 91.14 567.75 Td (and ) Tj ET Q q 0 0 0 rg BT 110.61 567.75 Td (search, ) Tj ET Q q 0 0 0 rg BT 146.18 567.75 Td (as ) Tj ET Q q 0 0 0 rg BT 159.52 567.75 Td (well ) Tj ET Q q 0 0 0 rg BT 179.53 567.75 Td (as ) Tj ET Q q 0 0 0 rg BT 192.87 567.75 Td (in ) Tj ET Q q 0 0 0 rg BT 203.44 567.75 Td (new ) Tj ET Q q 0 0 0 rg BT 224.56 567.75 Td (products ) Tj ET Q q 0 0 0 rg BT 265.70 567.75 Td (and ) Tj ET Q q 0 0 0 rg BT 285.17 567.75 Td (services. ) Tj ET Q q 0 0 0 rg BT 327.40 567.75 Td (In ) Tj ET Q q 0 0 0 rg BT 338.52 567.75 Td (addition, ) Tj ET Q q 0 0 0 rg BT 379.11 567.75 Td (our ) Tj ET Q q 0 0 0 rg BT 396.34 567.75 Td (capital ) Tj ET Q q 0 0 0 rg BT 428.03 567.75 Td (expenditures ) Tj ET Q q 0 0 0 rg BT 488.07 567.75 Td (have ) Tj ET Q q 0 0 0 rg BT 512.54 567.75 Td (grown ) Tj ET Q q 0 0 0 rg BT 542.56 567.75 Td (over ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 555.75 Td (the ) Tj ET Q q 0 0 0 rg BT 66.56 555.75 Td (last ) Tj ET Q q 0 0 0 rg BT 84.79 555.75 Td (several ) Tj ET Q q 0 0 0 rg BT 119.69 555.75 Td (years. ) Tj ET Q q 0 0 0 rg BT 149.58 555.75 Td (W) Tj ET Q q 0 0 0 rg BT 158.84 555.75 Td (e ) Tj ET Q q 0 0 0 rg BT 167.07 555.75 Td (expect ) Tj ET Q q 0 0 0 rg BT 199.19 555.75 Td (this ) Tj ET Q q 0 0 0 rg BT 217.42 555.75 Td (trend ) Tj ET Q q 0 0 0 rg BT 242.87 555.75 Td (to ) Tj ET Q q 0 0 0 rg BT 253.88 555.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 294.35 555.75 Td (in ) Tj ET Q q 0 0 0 rg BT 304.79 555.75 Td (the ) Tj ET Q q 0 0 0 rg BT 321.36 555.75 Td (long ) Tj ET Q q 0 0 0 rg BT 342.93 555.75 Td (term ) Tj ET Q q 0 0 0 rg BT 365.59 555.75 Td (as ) Tj ET Q q 0 0 0 rg BT 378.81 555.75 Td (we ) Tj ET Q q 0 0 0 rg BT 394.26 555.75 Td (invest ) Tj ET Q q 0 0 0 rg BT 423.05 555.75 Td (heavily ) Tj ET Q q 0 0 0 rg BT 456.84 555.75 Td (in ) Tj ET Q q 0 0 0 rg BT 467.28 555.75 Td (land ) Tj ET Q q 0 0 0 rg BT 488.85 555.75 Td (and ) Tj ET Q q 0 0 0 rg BT 508.20 555.75 Td (buildings ) Tj ET Q q 0 0 0 rg BT 550.34 555.75 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 543.75 Td (data ) Tj ET Q q 0 0 0 rg BT 72.24 543.75 Td (centers ) Tj ET Q q 0 0 0 rg BT 107.81 543.75 Td (and ) Tj ET Q q 0 0 0 rg BT 127.28 543.75 Td (of) Tj ET Q q 0 0 0 rg BT 135.43 543.75 Td (fices, ) Tj ET Q q 0 0 0 rg BT 161.55 543.75 Td (and ) Tj ET Q q 0 0 0 rg BT 181.02 543.75 Td (information ) Tj ET Q q 0 0 0 rg BT 233.26 543.75 Td (technology ) Tj ET Q q 0 0 0 rg BT 284.41 543.75 Td (infrastructure, ) Tj ET Q q 0 0 0 rg BT 348.32 543.75 Td (which ) Tj ET Q q 0 0 0 rg BT 376.67 543.75 Td (includes ) Tj ET Q q 0 0 0 rg BT 416.13 543.75 Td (servers ) Tj ET Q q 0 0 0 rg BT 451.69 543.75 Td (and ) Tj ET Q q 0 0 0 rg BT 471.16 543.75 Td (network ) Tj ET Q q 0 0 0 rg BT 508.95 543.75 Td (equipment) Tj ET Q BT /F5 10.00 Tf ET q 0 0 0 rg BT 555.65 543.75 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 525.75 Td (In ) Tj ET Q q 0 0 0 rg BT 83.85 525.75 Td (addition, ) Tj ET Q q 0 0 0 rg BT 124.67 525.75 Td (acquisitions ) Tj ET Q q 0 0 0 rg BT 179.94 525.75 Td (remain ) Tj ET Q q 0 0 0 rg BT 213.52 525.75 Td (an ) Tj ET Q q 0 0 0 rg BT 227.65 525.75 Td (important ) Tj ET Q q 0 0 0 rg BT 272.35 525.75 Td (part ) Tj ET Q q 0 0 0 rg BT 292.60 525.75 Td (of ) Tj ET Q q 0 0 0 rg BT 303.95 525.75 Td (our ) Tj ET Q q 0 0 0 rg BT 321.42 525.75 Td (strategy ) Tj ET Q q 0 0 0 rg BT 360.00 525.75 Td (and ) Tj ET Q q 0 0 0 rg BT 379.70 525.75 Td (use ) Tj ET Q q 0 0 0 rg BT 398.83 525.75 Td (of ) Tj ET Q q 0 0 0 rg BT 410.19 525.75 Td (capital, ) Tj ET Q q 0 0 0 rg BT 444.88 525.75 Td (and ) Tj ET Q q 0 0 0 rg BT 464.58 525.75 Td (we ) Tj ET Q q 0 0 0 rg BT 480.38 525.75 Td (expect ) Tj ET Q q 0 0 0 rg BT 512.85 525.75 Td (to ) Tj ET Q q 0 0 0 rg BT 524.21 525.75 Td (continue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 513.75 Td (to ) Tj ET Q q 0 0 0 rg BT 60.82 513.75 Td (spend ) Tj ET Q q 0 0 0 rg BT 90.54 513.75 Td (cash ) Tj ET Q q 0 0 0 rg BT 114.14 513.75 Td (on ) Tj ET Q q 0 0 0 rg BT 127.73 513.75 Td (acquisitions ) Tj ET Q q 0 0 0 rg BT 182.46 513.75 Td (and ) Tj ET Q q 0 0 0 rg BT 201.62 513.75 Td (other ) Tj ET Q q 0 0 0 rg BT 226.89 513.75 Td (investments. ) Tj ET Q q 0 0 0 rg BT 285.34 513.75 Td (These ) Tj ET Q q 0 0 0 rg BT 315.61 513.75 Td (acquisitions ) Tj ET Q q 0 0 0 rg BT 370.33 513.75 Td (generally ) Tj ET Q q 0 0 0 rg BT 413.39 513.75 Td (enhance ) Tj ET Q q 0 0 0 rg BT 454.23 513.75 Td (the ) Tj ET Q q 0 0 0 rg BT 470.61 513.75 Td (breadth ) Tj ET Q q 0 0 0 rg BT 507.00 513.75 Td (and ) Tj ET Q q 0 0 0 rg BT 526.16 513.75 Td (depth ) Tj ET Q q 0 0 0 rg BT 553.66 513.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 501.75 Td (our ) Tj ET Q q 0 0 0 rg BT 67.23 501.75 Td (of) Tj ET Q q 0 0 0 rg BT 75.39 501.75 Td (ferings, ) Tj ET Q q 0 0 0 rg BT 110.96 501.75 Td (as ) Tj ET Q q 0 0 0 rg BT 124.30 501.75 Td (well ) Tj ET Q q 0 0 0 rg BT 144.31 501.75 Td (as ) Tj ET Q q 0 0 0 rg BT 157.65 501.75 Td (expand ) Tj ET Q q 0 0 0 rg BT 193.23 501.75 Td (our ) Tj ET Q q 0 0 0 rg BT 210.46 501.75 Td (expertise ) Tj ET Q q 0 0 0 rg BT 253.82 501.75 Td (in ) Tj ET Q q 0 0 0 rg BT 264.38 501.75 Td (engineering ) Tj ET Q q 0 0 0 rg BT 319.42 501.75 Td (and ) Tj ET Q q 0 0 0 rg BT 338.89 501.75 Td (other ) Tj ET Q q 0 0 0 rg BT 364.46 501.75 Td (functional ) Tj ET Q q 0 0 0 rg BT 410.04 501.75 Td (areas.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 68.00 483.75 Td (?) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 86.00 483.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 106.56 483.75 Td (employees ) Tj ET Q q 0 0 0 rg BT 161.03 483.75 Td (are ) Tj ET Q q 0 0 0 rg BT 178.82 483.75 Td (critical ) Tj ET Q q 0 0 0 rg BT 213.84 483.75 Td (to ) Tj ET Q q 0 0 0 rg BT 226.06 483.75 Td (our ) Tj ET Q q 0 0 0 rg BT 244.95 483.75 Td (success ) Tj ET Q q 0 0 0 rg BT 287.20 483.75 Td (and ) Tj ET Q q 0 0 0 rg BT 307.76 483.75 Td (we ) Tj ET Q q 0 0 0 rg BT 323.88 483.75 Td (expect ) Tj ET Q q 0 0 0 rg BT 358.34 483.75 Td (to ) Tj ET Q q 0 0 0 rg BT 370.56 483.75 Td (continue ) Tj ET Q q 0 0 0 rg BT 415.00 483.75 Td (investing ) Tj ET Q q 0 0 0 rg BT 461.67 483.75 Td (in ) Tj ET Q q 0 0 0 rg BT 473.34 483.75 Td (them.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 465.75 Td (Our ) Tj ET Q q 0 0 0 rg BT 92.63 465.75 Td (employees ) Tj ET Q q 0 0 0 rg BT 144.46 465.75 Td (are ) Tj ET Q q 0 0 0 rg BT 162.38 465.75 Td (among ) Tj ET Q q 0 0 0 rg BT 196.42 465.75 Td (our ) Tj ET Q q 0 0 0 rg BT 214.34 465.75 Td (best ) Tj ET Q q 0 0 0 rg BT 236.70 465.75 Td (assets ) Tj ET Q q 0 0 0 rg BT 269.07 465.75 Td (and ) Tj ET Q q 0 0 0 rg BT 289.22 465.75 Td (are ) Tj ET Q q 0 0 0 rg BT 307.14 465.75 Td (critical ) Tj ET Q q 0 0 0 rg BT 338.94 465.75 Td (for ) Tj ET Q q 0 0 0 rg BT 354.07 465.75 Td (our ) Tj ET Q q 0 0 0 rg BT 371.99 465.75 Td (continued ) Tj ET Q q 0 0 0 rg BT 418.82 465.75 Td (success. ) Tj ET Q q 0 0 0 rg BT 461.19 465.75 Td (W) Tj ET Q q 0 0 0 rg BT 470.45 465.75 Td (e ) Tj ET Q q 0 0 0 rg BT 479.47 465.75 Td (expect ) Tj ET Q q 0 0 0 rg BT 512.40 465.75 Td (to ) Tj ET Q q 0 0 0 rg BT 524.21 465.75 Td (continue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 453.75 Td (hiring ) Tj ET Q q 0 0 0 rg BT 77.24 453.75 Td (talented ) Tj ET Q q 0 0 0 rg BT 115.60 453.75 Td (employees ) Tj ET Q q 0 0 0 rg BT 166.74 453.75 Td (around ) Tj ET Q q 0 0 0 rg BT 200.65 453.75 Td (the ) Tj ET Q q 0 0 0 rg BT 217.33 453.75 Td (globe ) Tj ET Q q 0 0 0 rg BT 244.58 453.75 Td (and ) Tj ET Q q 0 0 0 rg BT 264.04 453.75 Td (to ) Tj ET Q q 0 0 0 rg BT 275.16 453.75 Td (provide ) Tj ET Q q 0 0 0 rg BT 310.74 453.75 Td (competitive ) Tj ET Q q 0 0 0 rg BT 364.09 453.75 Td (compensation ) Tj ET Q q 0 0 0 rg BT 429.13 453.75 Td (programs ) Tj ET Q q 0 0 0 rg BT 474.15 453.75 Td (to ) Tj ET Q q 0 0 0 rg BT 485.26 453.75 Td (our ) Tj ET Q q 0 0 0 rg BT 502.50 453.75 Td (employees.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 435.75 Td (Executive ) Tj ET Q q 0 0 0 rg BT 99.47 435.75 Td (Overview ) Tj ET Q q 0 0 0 rg BT 146.72 435.75 Td (of ) Tj ET Q q 0 0 0 rg BT 158.94 435.75 Td (Results) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 417.75 Td (Below ) Tj ET Q q 0 0 0 rg BT 102.39 417.75 Td (are ) Tj ET Q q 0 0 0 rg BT 119.50 417.75 Td (our ) Tj ET Q q 0 0 0 rg BT 136.60 417.75 Td (key ) Tj ET Q q 0 0 0 rg BT 154.82 417.75 Td (financial ) Tj ET Q q 0 0 0 rg BT 194.16 417.75 Td (results ) Tj ET Q q 0 0 0 rg BT 226.27 417.75 Td (for ) Tj ET Q q 0 0 0 rg BT 240.59 417.75 Td (the ) Tj ET Q q 0 0 0 rg BT 257.14 417.75 Td (fiscal ) Tj ET Q q 0 0 0 rg BT 282.58 417.75 Td (year ) Tj ET Q q 0 0 0 rg BT 304.69 417.75 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.15 417.75 Td (December?1, ) Tj ET Q q 0 0 0 rg BT 400.61 417.75 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.86 417.75 Td ( ) Tj ET Q q 0 0 0 rg BT 425.51 417.75 Td (\(consolidated ) Tj ET Q q 0 0 0 rg BT 487.64 417.75 Td (unless ) Tj ET Q q 0 0 0 rg BT 519.20 417.75 Td (otherwise ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 405.75 Td (noted\):) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 387.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 387.75 Td (Revenues ) Tj ET Q q 0 0 0 rg BT 133.78 387.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.88 387.75 Td ($161.9 ) Tj ET Q q 0 0 0 rg BT 178.22 387.75 Td (billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.79 387.75 Td ( ) Tj ET Q q 0 0 0 rg BT 206.54 387.75 Td (and ) Tj ET Q q 0 0 0 rg BT 225.98 387.75 Td (revenue ) Tj ET Q q 0 0 0 rg BT 264.87 387.75 Td (growth ) Tj ET Q q 0 0 0 rg BT 297.64 387.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.73 387.75 Td (18%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.75 387.75 Td ( ) Tj ET Q q 0 0 0 rg BT 331.50 387.75 Td (year ) Tj ET Q q 0 0 0 rg BT 353.71 387.75 Td (over ) Tj ET Q q 0 0 0 rg BT 375.92 387.75 Td (year) Tj ET Q q 0 0 0 rg BT 394.82 387.75 Td (, ) Tj ET Q q 0 0 0 rg BT 400.35 387.75 Td (constant ) Tj ET Q q 0 0 0 rg BT 440.91 387.75 Td (currency ) Tj ET Q q 0 0 0 rg BT 482.01 387.75 Td (revenue ) Tj ET Q q 0 0 0 rg BT 520.90 387.75 Td (growth ) Tj ET Q q 0 0 0 rg BT 553.67 387.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 375.75 Td (20%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 106.01 375.75 Td ( ) Tj ET Q q 0 0 0 rg BT 108.79 375.75 Td (year ) Tj ET Q q 0 0 0 rg BT 131.02 375.75 Td (over ) Tj ET Q q 0 0 0 rg BT 153.26 375.75 Td (year) Tj ET Q q 0 0 0 rg BT 172.16 375.75 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 360.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 360.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 119.79 360.75 Td (segment ) Tj ET Q q 0 0 0 rg BT 159.69 360.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 202.37 360.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.26 360.75 Td ($160.7 ) Tj ET Q q 0 0 0 rg BT 244.39 360.75 Td (billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.96 360.75 Td ( ) Tj ET Q q 0 0 0 rg BT 271.51 360.75 Td (with ) Tj ET Q q 0 0 0 rg BT 290.84 360.75 Td (revenue ) Tj ET Q q 0 0 0 rg BT 328.52 360.75 Td (growth ) Tj ET Q q 0 0 0 rg BT 360.08 360.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.96 360.75 Td (18%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.98 360.75 Td ( ) Tj ET Q q 0 0 0 rg BT 391.52 360.75 Td (year ) Tj ET Q q 0 0 0 rg BT 412.52 360.75 Td (over ) Tj ET Q q 0 0 0 rg BT 433.52 360.75 Td (year ) Tj ET Q q 0 0 0 rg BT 454.52 360.75 Td (and ) Tj ET Q q 0 0 0 rg BT 472.75 360.75 Td (Other ) Tj ET Q q 0 0 0 rg BT 499.31 360.75 Td (Bets ) Tj ET Q q 0 0 0 rg BT 520.86 360.75 Td (revenues ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 348.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 97.12 348.75 Td ($659 ) Tj ET Q q 0 0 0 rg BT 122.14 348.75 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.48 348.75 Td ( ) Tj ET Q q 0 0 0 rg BT 153.26 348.75 Td (with ) Tj ET Q q 0 0 0 rg BT 173.82 348.75 Td (revenue ) Tj ET Q q 0 0 0 rg BT 212.74 348.75 Td (growth ) Tj ET Q q 0 0 0 rg BT 245.53 348.75 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.65 348.75 Td (1) Tj ET Q q 0 0 0 rg BT 261.47 348.75 Td (1%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.92 348.75 Td ( ) Tj ET Q q 0 0 0 rg BT 278.70 348.75 Td (year ) Tj ET Q q 0 0 0 rg BT 300.93 348.75 Td (over ) Tj ET Q q 0 0 0 rg BT 323.16 348.75 Td (year) Tj ET Q q 0 0 0 rg BT 342.06 348.75 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 333.75 Td (?) 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Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 395.10 542.93 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 459.10 542.93 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 523.10 542.93 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 529.47 Td (Google Search & other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.00 528.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.05 528.87 Td (69,81) Tj ET Q q 0 0 0 rg BT 425.07 528.87 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.00 528.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.05 528.87 Td (85,296) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.00 528.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.05 528.87 Td (98,1) Tj ET Q q 0 0 0 rg BT 547.51 528.87 Td (15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 514.47 Td (Y) Tj ET Q q 0 0 0 rg BT 58.75 514.47 Td (ouT) Tj ET Q q 0 0 0 rg BT 75.61 514.47 Td (ube ads) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 111.20 519.24 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.60 513.87 Td (8,150) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.05 513.87 Td (1) Tj ET Q q 0 0 0 rg BT 469.61 513.87 Td (1,155) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.05 513.87 Td (15,149) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 498.87 Td (Google properties) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.05 498.87 Td (77,961) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.05 498.87 Td (96,451) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.50 498.87 Td (1) Tj ET Q q 0 0 0 rg BT 528.06 498.87 Td (13,264) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 484.47 Td (Google Network Members' properties) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.05 483.87 Td (17,616) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.05 483.87 Td (20,010) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.05 483.87 Td (21,547) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 468.87 Td (Google advertising) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.05 468.87 Td (95,577) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.50 468.87 Td (1) Tj ET Q q 0 0 0 rg BT 464.06 468.87 Td (16,461) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.50 468.87 Td (134,81) Tj ET Q q 0 0 0 rg BT 553.09 468.87 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 454.47 Td (Google Cloud) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.60 453.87 Td (4,056) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.60 453.87 Td (5,838) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.60 453.87 Td (8,918) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 439.47 Td (Google other) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 110.82 444.24 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.05 438.87 Td (10,914) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.05 438.87 Td (14,063) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.05 438.87 Td (17,014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 424.47 Td (Google revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.50 423.87 Td (1) Tj ET Q q 0 0 0 rg BT 400.06 423.87 Td (10,547) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.50 423.87 Td (136,362) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.50 423.87 Td (160,743) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 409.47 Td (Other Bets revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.95 408.87 Td (477) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.95 408.87 Td (595) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.95 408.87 Td (659) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 393.87 Td (Hedging gains \(losses\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.60 393.87 Td (\(169) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 393.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.60 393.87 Td (\(138) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.65 393.87 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.95 393.87 Td (455) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 379.47 Td (T) Tj ET Q q 0 0 0 rg BT 82.00 379.47 Td (otal revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.00 378.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.50 378.87 Td (1) Tj ET Q q 0 0 0 rg BT 400.06 378.87 Td (10,855) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.00 378.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.50 378.87 Td (136,819) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.00 378.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.50 378.87 Td (161,857) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F1 5.85 Tf ET q 0 0 0 rg BT 50.00 368.24 Td (\(1\) ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 72.50 363.95 Td (Y) Tj ET Q q 0 0 0 rg BT 77.68 363.95 Td (ouT) Tj ET Q q 0 0 0 rg BT 92.85 363.95 Td (ube ) Tj ET Q q 0 0 0 rg BT 110.37 363.95 Td (non-advertising ) Tj ET Q q 0 0 0 rg BT 174.40 363.95 Td (revenues ) Tj ET Q q 0 0 0 rg BT 213.93 363.95 Td (are ) Tj ET Q q 0 0 0 rg BT 229.44 363.95 Td (included ) Tj ET Q q 0 0 0 rg BT 265.46 363.95 Td (in ) Tj ET Q q 0 0 0 rg BT 274.97 363.95 Td (Google ) Tj ET Q q 0 0 0 rg BT 306.49 363.95 Td (other ) Tj ET Q q 0 0 0 rg BT 329.51 363.95 Td (revenues.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 72.50 345.95 Td (Google advertising revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 327.95 Td (Our ) Tj ET Q q 0 0 0 rg BT 91.48 327.95 Td (advertising ) Tj ET Q q 0 0 0 rg BT 142.15 327.95 Td (revenue ) Tj ET Q q 0 0 0 rg BT 180.59 327.95 Td (growth, ) Tj ET Q q 0 0 0 rg BT 215.70 327.95 Td (as ) Tj ET Q q 0 0 0 rg BT 228.57 327.95 Td (well ) Tj ET Q q 0 0 0 rg BT 248.10 327.95 Td (as ) Tj ET Q q 0 0 0 rg BT 260.97 327.95 Td (the ) Tj ET Q q 0 0 0 rg BT 277.18 327.95 Td (change ) Tj ET Q q 0 0 0 rg BT 312.30 327.95 Td (in ) Tj ET Q q 0 0 0 rg BT 322.39 327.95 Td (paid ) Tj ET Q q 0 0 0 rg BT 343.61 327.95 Td (clicks ) Tj ET Q q 0 0 0 rg BT 370.36 327.95 Td (and ) Tj ET Q q 0 0 0 rg BT 389.35 327.95 Td (cost-per-click ) Tj ET Q q 0 0 0 rg BT 450.56 327.95 Td (on ) Tj ET Q q 0 0 0 rg BT 463.99 327.95 Td (Google ) Tj ET Q q 0 0 0 rg BT 498.55 327.95 Td (properties ) Tj ET Q q 0 0 0 rg BT 545.32 327.95 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 315.95 Td (the ) Tj ET Q q 0 0 0 rg BT 68.08 315.95 Td (change ) Tj ET Q q 0 0 0 rg BT 105.06 315.95 Td (in ) Tj ET Q q 0 0 0 rg BT 117.02 315.95 Td (impressions ) Tj ET Q q 0 0 0 rg BT 174.55 315.95 Td (and ) Tj ET Q q 0 0 0 rg BT 195.41 315.95 Td (cost-per-impression ) Tj ET Q q 0 0 0 rg BT 287.39 315.95 Td (on ) Tj ET Q q 0 0 0 rg BT 302.69 315.95 Td (Google ) Tj ET Q q 0 0 0 rg BT 339.11 315.95 Td (Network ) Tj ET Q q 0 0 0 rg BT 379.96 315.95 Td (Members' ) Tj ET Q q 0 0 0 rg BT 427.72 315.95 Td (properties ) Tj ET Q q 0 0 0 rg BT 476.37 315.95 Td (and ) Tj ET Q q 0 0 0 rg BT 497.23 315.95 Td (the ) Tj ET Q q 0 0 0 rg BT 515.31 315.95 Td (correlation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 303.95 Td (between ) Tj ET Q q 0 0 0 rg BT 90.59 303.95 Td (these ) Tj ET Q q 0 0 0 rg BT 117.83 303.95 Td (items, ) Tj ET Q q 0 0 0 rg BT 147.28 303.95 Td (have ) Tj ET Q q 0 0 0 rg BT 171.74 303.95 Td (been ) Tj ET Q q 0 0 0 rg BT 196.76 303.95 Td (af) Tj ET Q q 0 0 0 rg BT 204.92 303.95 Td (fected ) Tj ET Q q 0 0 0 rg BT 234.94 303.95 Td (and ) Tj ET Q q 0 0 0 rg BT 254.40 303.95 Td (may ) Tj ET Q q 0 0 0 rg BT 276.07 303.95 Td (continue ) Tj ET Q q 0 0 0 rg BT 316.66 303.95 Td (to ) Tj ET Q q 0 0 0 rg BT 327.78 303.95 Td (be ) Tj ET Q q 0 0 0 rg BT 341.68 303.95 Td (af) Tj ET Q q 0 0 0 rg BT 349.84 303.95 Td (fected ) Tj ET Q q 0 0 0 rg BT 379.86 303.95 Td (by ) Tj ET Q q 0 0 0 rg BT 393.20 303.95 Td (various ) Tj ET Q q 0 0 0 rg BT 428.21 303.95 Td (factors, ) Tj ET Q q 0 0 0 rg BT 463.78 303.95 Td (including:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 285.95 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 285.95 Td (advertiser ) Tj ET Q q 0 0 0 rg BT 132.68 285.95 Td (competition ) Tj ET Q q 0 0 0 rg BT 186.60 285.95 Td (for ) Tj ET Q q 0 0 0 rg BT 201.05 285.95 Td (keywords;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 273.95 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 273.95 Td (changes ) Tj ET Q q 0 0 0 rg BT 126.59 273.95 Td (in ) Tj ET Q q 0 0 0 rg BT 137.15 273.95 Td (advertising ) Tj ET Q q 0 0 0 rg BT 188.29 273.95 Td (quality) Tj ET Q q 0 0 0 rg BT 216.45 273.95 Td (, ) Tj ET Q q 0 0 0 rg BT 222.01 273.95 Td (formats, ) Tj ET Q q 0 0 0 rg BT 260.90 273.95 Td (delivery ) Tj ET Q q 0 0 0 rg BT 298.14 273.95 Td (or ) Tj ET Q q 0 0 0 rg BT 309.81 273.95 Td (policy;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 261.95 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 261.95 Td (changes ) Tj ET Q q 0 0 0 rg BT 126.59 261.95 Td (in ) Tj ET Q q 0 0 0 rg BT 137.15 261.95 Td (device ) Tj ET Q q 0 0 0 rg BT 168.83 261.95 Td (mix;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 249.95 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 249.95 Td (changes ) Tj ET Q q 0 0 0 rg BT 126.59 249.95 Td (in ) Tj ET Q q 0 0 0 rg BT 137.15 249.95 Td (foreign ) Tj ET Q q 0 0 0 rg BT 170.50 249.95 Td (currency ) Tj ET Q q 0 0 0 rg BT 211.63 249.95 Td (exchange ) Tj ET Q q 0 0 0 rg BT 257.77 249.95 Td (rates;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 237.95 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 237.95 Td (fees ) Tj ET Q q 0 0 0 rg BT 107.68 237.95 Td (advertisers ) Tj ET Q q 0 0 0 rg BT 159.36 237.95 Td (are ) Tj ET Q q 0 0 0 rg BT 176.60 237.95 Td (willing ) Tj ET Q q 0 0 0 rg BT 206.61 237.95 Td (to ) Tj ET Q q 0 0 0 rg BT 217.72 237.95 Td (pay ) Tj ET Q q 0 0 0 rg BT 236.63 237.95 Td (based ) Tj ET Q q 0 0 0 rg BT 266.65 237.95 Td (on ) Tj ET Q q 0 0 0 rg BT 280.55 237.95 Td (how ) Tj ET Q q 0 0 0 rg BT 301.67 237.95 Td (they ) Tj ET Q q 0 0 0 rg BT 323.35 237.95 Td (manage ) Tj ET Q q 0 0 0 rg BT 362.27 237.95 Td (their ) Tj ET Q q 0 0 0 rg BT 384.50 237.95 Td (advertising ) Tj ET Q q 0 0 0 rg BT 435.64 237.95 Td (costs;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 225.95 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 225.95 Td (general ) Tj ET Q q 0 0 0 rg BT 122.14 225.95 Td (economic ) Tj ET Q q 0 0 0 rg BT 167.71 225.95 Td (conditions;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 213.95 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 213.95 Td (seasonality; ) Tj ET Q q 0 0 0 rg BT 141.59 213.95 Td (and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 201.95 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 201.95 Td (traf) Tj ET Q q 0 0 0 rg BT 100.27 201.95 Td (fic ) Tj ET Q q 0 0 0 rg BT 112.48 201.95 Td (growth ) Tj ET Q q 0 0 0 rg BT 144.71 201.95 Td (in ) Tj ET Q q 0 0 0 rg BT 154.71 201.95 Td (emerging ) Tj ET Q q 0 0 0 rg BT 198.61 201.95 Td (markets ) Tj ET Q q 0 0 0 rg BT 236.39 201.95 Td (compared ) Tj ET Q q 0 0 0 rg BT 283.07 201.95 Td (to ) Tj ET Q q 0 0 0 rg BT 293.62 201.95 Td (more ) Tj ET Q q 0 0 0 rg BT 318.62 201.95 Td (mature ) Tj ET Q q 0 0 0 rg BT 351.96 201.95 Td (markets ) Tj ET Q q 0 0 0 rg BT 389.73 201.95 Td (and ) Tj ET Q q 0 0 0 rg BT 408.63 201.95 Td (across ) Tj ET Q q 0 0 0 rg BT 440.30 201.95 Td (various ) Tj ET Q q 0 0 0 rg BT 474.75 201.95 Td (advertising ) Tj ET Q q 0 0 0 rg BT 525.32 201.95 Td (verticals ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 189.95 Td (and ) Tj ET Q q 0 0 0 rg BT 105.46 189.95 Td (channels.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 171.95 Td (Our ) Tj ET Q q 0 0 0 rg BT 92.50 171.95 Td (advertising ) Tj ET Q q 0 0 0 rg BT 144.20 171.95 Td (revenue ) Tj ET Q q 0 0 0 rg BT 183.67 171.95 Td (growth ) Tj ET Q q 0 0 0 rg BT 217.01 171.95 Td (rate ) Tj ET Q q 0 0 0 rg BT 237.58 171.95 Td (has ) Tj ET Q q 0 0 0 rg BT 257.03 171.95 Td (been ) Tj ET Q q 0 0 0 rg BT 282.61 171.95 Td (af) Tj ET Q q 0 0 0 rg BT 290.77 171.95 Td (fected ) Tj ET Q q 0 0 0 rg BT 321.35 171.95 Td (over ) Tj ET Q q 0 0 0 rg BT 344.13 171.95 Td (time ) Tj ET Q q 0 0 0 rg BT 366.36 171.95 Td (as ) Tj ET Q q 0 0 0 rg BT 380.25 171.95 Td (a ) Tj ET Q q 0 0 0 rg BT 389.15 171.95 Td (result ) Tj ET Q q 0 0 0 rg BT 416.93 171.95 Td (of ) Tj ET Q q 0 0 0 rg BT 428.61 171.95 Td (a ) Tj ET Q q 0 0 0 rg BT 437.50 171.95 Td (number ) Tj ET Q q 0 0 0 rg BT 474.74 171.95 Td (of ) Tj ET Q q 0 0 0 rg BT 486.41 171.95 Td (factors, ) Tj ET Q q 0 0 0 rg BT 522.53 171.95 Td (including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 159.95 Td (challenges ) Tj ET Q q 0 0 0 rg BT 100.17 159.95 Td (in ) Tj ET Q q 0 0 0 rg BT 110.31 159.95 Td (maintaining ) Tj ET Q q 0 0 0 rg BT 163.81 159.95 Td (our ) Tj ET Q q 0 0 0 rg BT 180.62 159.95 Td (growth ) Tj ET Q q 0 0 0 rg BT 212.99 159.95 Td (rate ) Tj ET Q q 0 0 0 rg BT 232.58 159.95 Td (as ) Tj ET Q q 0 0 0 rg BT 245.49 159.95 Td (revenues ) Tj ET Q q 0 0 0 rg BT 288.99 159.95 Td (increase ) Tj ET Q q 0 0 0 rg BT 329.14 159.95 Td (to ) Tj ET Q q 0 0 0 rg BT 339.84 159.95 Td (higher ) Tj ET Q q 0 0 0 rg BT 369.99 159.95 Td (levels; 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) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 135.95 Td (our ) Tj ET Q q 0 0 0 rg BT 66.91 135.95 Td (investments ) Tj ET Q q 0 0 0 rg BT 122.71 135.95 Td (in ) Tj ET Q q 0 0 0 rg BT 132.95 135.95 Td (new ) Tj ET Q q 0 0 0 rg BT 153.75 135.95 Td (business ) Tj ET Q q 0 0 0 rg BT 195.67 135.95 Td (strategies; ) Tj ET Q q 0 0 0 rg BT 244.25 135.95 Td (query ) Tj ET Q q 0 0 0 rg BT 271.72 135.95 Td (growth ) Tj ET Q q 0 0 0 rg BT 304.19 135.95 Td (rates; ) Tj ET Q q 0 0 0 rg BT 331.65 135.95 Td (and ) Tj ET Q q 0 0 0 rg BT 350.79 135.95 Td (shifts ) Tj ET Q q 0 0 0 rg BT 376.58 135.95 Td (in ) Tj ET Q q 0 0 0 rg BT 386.81 135.95 Td (the ) Tj ET Q q 0 0 0 rg BT 403.17 135.95 Td (geographic ) Tj ET Q q 0 0 0 rg BT 455.10 135.95 Td (mix ) Tj ET Q q 0 0 0 rg BT 473.11 135.95 Td (of ) Tj ET Q q 0 0 0 rg BT 483.90 135.95 Td (our ) Tj ET Q q 0 0 0 rg BT 500.81 135.95 Td (revenues. ) Tj ET Q q 0 0 0 rg BT 547.17 135.95 Td (W) Tj ET Q q 0 0 0 rg BT 556.43 135.95 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 123.95 Td (also ) Tj ET Q q 0 0 0 rg BT 70.86 123.95 Td (expect ) Tj ET Q q 0 0 0 rg BT 102.83 123.95 Td (that ) Tj ET Q q 0 0 0 rg BT 122.02 123.95 Td (our ) Tj ET Q q 0 0 0 rg BT 138.99 123.95 Td (revenue ) Tj ET Q q 0 0 0 rg BT 177.64 123.95 Td (growth ) Tj ET Q q 0 0 0 rg BT 210.17 123.95 Td (rate ) Tj ET Q q 0 0 0 rg BT 229.91 123.95 Td (will ) Tj ET Q q 0 0 0 rg BT 246.31 123.95 Td (continue ) Tj ET Q q 0 0 0 rg BT 286.63 123.95 Td (to ) Tj ET Q q 0 0 0 rg BT 297.48 123.95 Td (be ) Tj ET Q q 0 0 0 rg BT 311.12 123.95 Td (af) Tj ET Q q 0 0 0 rg BT 319.27 123.95 Td (fected ) Tj ET Q q 0 0 0 rg BT 349.03 123.95 Td (by ) Tj ET Q q 0 0 0 rg BT 362.10 123.95 Td (evolving ) Tj ET Q q 0 0 0 rg BT 401.30 123.95 Td (user ) Tj ET Q q 0 0 0 rg BT 423.27 123.95 Td (preferences, ) Tj ET Q q 0 0 0 rg BT 481.37 123.95 Td (the ) Tj ET Q q 0 0 0 rg BT 497.78 123.95 Td (acceptance ) Tj ET Q q 0 0 0 rg BT 551.44 123.95 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 111.95 Td (users ) Tj ET Q q 0 0 0 rg BT 77.88 111.95 Td (of ) Tj ET Q q 0 0 0 rg BT 89.64 111.95 Td (our ) Tj ET Q q 0 0 0 rg BT 107.52 111.95 Td (products ) Tj ET Q q 0 0 0 rg BT 149.30 111.95 Td (and ) Tj ET Q q 0 0 0 rg BT 169.41 111.95 Td (services ) Tj ET Q q 0 0 0 rg BT 209.51 111.95 Td (as ) Tj ET Q q 0 0 0 rg BT 223.50 111.95 Td (they ) Tj ET Q q 0 0 0 rg BT 245.83 111.95 Td (are ) Tj ET Q q 0 0 0 rg BT 263.70 111.95 Td (delivered ) Tj ET Q q 0 0 0 rg BT 307.71 111.95 Td (on ) Tj ET Q q 0 0 0 rg BT 322.26 111.95 Td (diverse ) Tj ET Q q 0 0 0 rg BT 357.92 111.95 Td (devices ) Tj ET Q q 0 0 0 rg BT 395.25 111.95 Td (and ) Tj ET Q q 0 0 0 rg BT 415.36 111.95 Td (modalities, ) Tj ET Q q 0 0 0 rg BT 466.58 111.95 Td (our ) Tj ET Q q 0 0 0 rg BT 484.46 111.95 Td (ability ) Tj ET Q q 0 0 0 rg BT 513.45 111.95 Td (to ) Tj ET Q q 0 0 0 rg BT 525.22 111.95 Td (create ) Tj ET Q q 0 0 0 rg BT 556.44 111.95 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 99.95 Td (seamless ) Tj ET Q q 0 0 0 rg BT 95.01 99.95 Td (experience ) Tj ET Q q 0 0 0 rg BT 146.71 99.95 Td (for ) Tj ET Q q 0 0 0 rg BT 161.16 99.95 Td (both ) Tj ET Q q 0 0 0 rg BT 183.40 99.95 Td (users ) Tj ET Q q 0 0 0 rg BT 210.63 99.95 Td (and ) Tj ET Q q 0 0 0 rg BT 230.10 99.95 Td (advertisers, ) Tj ET Q q 0 0 0 rg BT 284.56 99.95 Td (and ) Tj ET Q q 0 0 0 rg BT 304.02 99.95 Td (movements ) Tj ET Q q 0 0 0 rg BT 358.49 99.95 Td (in ) Tj ET Q q 0 0 0 rg BT 369.05 99.95 Td (foreign ) Tj ET Q q 0 0 0 rg BT 402.40 99.95 Td (currency ) Tj ET Q q 0 0 0 rg BT 443.53 99.95 Td (exchange ) Tj ET Q q 0 0 0 rg BT 489.67 99.95 Td (rates.) 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Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 569.95 Td (Google ) Tj ET Q q 0 0 0 rg BT 120.40 569.95 Td (Search ) Tj ET Q q 0 0 0 rg BT 154.24 569.95 Td (& ) Tj ET Q q 0 0 0 rg BT 163.07 569.95 Td (other ) Tj ET Q q 0 0 0 rg BT 188.02 569.95 Td (consists ) Tj ET Q q 0 0 0 rg BT 226.30 569.95 Td (of ) Tj ET Q q 0 0 0 rg BT 236.79 569.95 Td (revenues ) Tj ET Q q 0 0 0 rg BT 280.08 569.95 Td (generated ) Tj ET Q q 0 0 0 rg BT 327.28 569.95 Td (on ) Tj ET Q q 0 0 0 rg BT 340.56 569.95 Td (Google ) Tj ET Q q 0 0 0 rg BT 374.96 569.95 Td (search ) Tj ET Q q 0 0 0 rg BT 407.13 569.95 Td (properties ) Tj ET Q q 0 0 0 rg BT 453.75 569.95 Td (\(including ) Tj ET Q q 0 0 0 rg BT 498.71 569.95 Td (revenues ) Tj ET Q q 0 0 0 rg BT 542.01 569.95 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 557.95 Td (traf) Tj ET Q q 0 0 0 rg BT 100.27 557.95 Td (fic ) Tj ET Q q 0 0 0 rg BT 113.95 557.95 Td (generated ) Tj ET Q q 0 0 0 rg BT 162.67 557.95 Td (by ) Tj ET Q q 0 0 0 rg BT 176.91 557.95 Td (search ) Tj ET Q q 0 0 0 rg BT 210.60 557.95 Td (distribution ) Tj ET Q q 0 0 0 rg BT 262.64 557.95 Td (partners ) Tj ET Q q 0 0 0 rg BT 303.00 557.95 Td (who ) Tj ET Q q 0 0 0 rg BT 325.03 557.95 Td (use ) Tj ET Q q 0 0 0 rg BT 344.83 557.95 Td (Google.com ) Tj ET Q q 0 0 0 rg BT 402.42 557.95 Td (as ) Tj ET Q q 0 0 0 rg BT 416.66 557.95 Td (their ) Tj ET Q q 0 0 0 rg BT 439.80 557.95 Td (default ) Tj ET Q q 0 0 0 rg BT 473.50 557.95 Td (search ) Tj ET Q q 0 0 0 rg BT 507.19 557.95 Td (in ) Tj ET Q q 0 0 0 rg BT 518.66 557.95 Td (browsers, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 545.95 Td (toolbars, ) Tj ET Q q 0 0 0 rg BT 127.13 545.95 Td (etc.\) ) Tj ET Q q 0 0 0 rg BT 149.36 545.95 Td (and ) Tj ET Q q 0 0 0 rg BT 168.82 545.95 Td (other ) Tj ET Q q 0 0 0 rg BT 194.39 545.95 Td (Google ) Tj ET Q q 0 0 0 rg BT 229.42 545.95 Td (owned ) Tj ET Q q 0 0 0 rg BT 261.66 545.95 Td (and ) Tj ET Q q 0 0 0 rg BT 281.13 545.95 Td (operated ) Tj ET Q q 0 0 0 rg BT 323.38 545.95 Td (properties ) Tj ET Q q 0 0 0 rg BT 370.63 545.95 Td (like ) Tj ET Q q 0 0 0 rg BT 388.41 545.95 Td (Gmail, ) Tj ET Q q 0 0 0 rg BT 420.08 545.95 Td (Google ) Tj ET Q q 0 0 0 rg BT 455.11 545.95 Td (Maps, ) Tj ET Q q 0 0 0 rg BT 485.12 545.95 Td (and ) Tj ET Q q 0 0 0 rg BT 504.58 545.95 Td (Google ) Tj ET Q q 0 0 0 rg BT 539.60 545.95 Td (Play;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 533.95 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 533.95 Td (Y) Tj ET Q q 0 0 0 rg BT 91.75 533.95 Td (ouT) Tj ET Q q 0 0 0 rg BT 108.61 533.95 Td (ube ) Tj ET Q q 0 0 0 rg BT 128.08 533.95 Td (ads ) Tj ET Q q 0 0 0 rg BT 146.98 533.95 Td (consists ) Tj ET Q q 0 0 0 rg BT 185.88 533.95 Td (of ) Tj ET Q q 0 0 0 rg BT 197.00 533.95 Td (revenues ) Tj ET Q q 0 0 0 rg BT 240.91 533.95 Td (generated ) Tj ET Q q 0 0 0 rg BT 288.73 533.95 Td (primarily ) Tj ET Q q 0 0 0 rg BT 329.29 533.95 Td (on ) Tj ET Q q 0 0 0 rg BT 343.01 533.95 Td (Y) Tj ET Q q 0 0 0 rg BT 348.76 533.95 Td (ouT) Tj ET Q q 0 0 0 rg BT 365.62 533.95 Td (ube ) Tj ET Q q 0 0 0 rg BT 385.08 533.95 Td (properties; ) Tj ET Q q 0 0 0 rg BT 435.11 533.95 Td (and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 521.95 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 521.95 Td (Google ) Tj ET Q q 0 0 0 rg BT 120.91 521.95 Td (Network ) Tj ET Q q 0 0 0 rg BT 160.25 521.95 Td (Members' ) Tj ET Q q 0 0 0 rg BT 206.50 521.95 Td (properties ) Tj ET Q q 0 0 0 rg BT 253.63 521.95 Td (consist ) Tj ET Q q 0 0 0 rg BT 287.42 521.95 Td (of ) Tj ET Q q 0 0 0 rg BT 298.43 521.95 Td (revenues ) Tj ET Q q 0 0 0 rg BT 342.23 521.95 Td (generated ) Tj ET Q q 0 0 0 rg BT 389.94 521.95 Td (primarily ) Tj ET Q q 0 0 0 rg BT 430.38 521.95 Td (on ) Tj ET Q q 0 0 0 rg BT 444.17 521.95 Td (Google ) Tj ET Q q 0 0 0 rg BT 479.08 521.95 Td (Network ) Tj ET Q q 0 0 0 rg BT 518.42 521.95 Td (Members' ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 509.95 Td (properties ) Tj ET Q q 0 0 0 rg BT 133.25 509.95 Td (participating ) Tj ET Q q 0 0 0 rg BT 189.95 509.95 Td (in ) Tj ET Q q 0 0 0 rg BT 199.96 509.95 Td (AdMob, ) Tj ET Q q 0 0 0 rg BT 236.64 509.95 Td (AdSense, ) Tj ET Q q 0 0 0 rg BT 282.79 509.95 Td (and ) Tj ET Q q 0 0 0 rg BT 302.25 509.95 Td (Google ) Tj ET Q q 0 0 0 rg BT 336.72 509.95 Td (Ad ) Tj ET Q q 0 0 0 rg BT 351.73 509.95 Td (Manager) Tj ET Q q 0 0 0 rg BT 390.65 509.95 Td (.) Tj ET Q BT /F6 10.00 Tf ET q 0 0 0 rg BT 72.50 491.95 Td (Google ) Tj ET Q q 0 0 0 rg BT 107.52 491.95 Td (Search ) Tj ET Q q 0 0 0 rg BT 141.99 491.95 Td (& ) Tj ET Q q 0 0 0 rg BT 151.44 491.95 Td (other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 473.95 Td (Our ) Tj ET Q q 0 0 0 rg BT 92.44 473.95 Td (Google ) Tj ET Q q 0 0 0 rg BT 127.95 473.95 Td (Search ) Tj ET Q q 0 0 0 rg BT 162.90 473.95 Td (& ) Tj ET Q q 0 0 0 rg BT 172.83 473.95 Td (other ) Tj ET Q q 0 0 0 rg BT 198.89 473.95 Td (revenues ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.29 473.95 Td (increased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.65 473.95 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.92 473.95 Td ($12,819 ) Tj ET Q q 0 0 0 rg BT 329.33 473.95 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.67 473.95 Td ( ) Tj ET Q q 0 0 0 rg BT 360.93 473.95 Td (from ) Tj ET Q q 0 0 0 rg BT 384.20 473.95 Td (2018 ) Tj ET Q q 0 0 0 rg BT 409.71 473.95 Td (to ) Tj ET Q q 0 0 0 rg BT 421.32 473.95 Td (2019. ) Tj ET Q q 0 0 0 rg BT 449.39 473.95 Td (The ) Tj ET Q q 0 0 0 rg BT 469.89 473.95 Td (growth ) Tj ET Q q 0 0 0 rg BT 503.17 473.95 Td (was ) Tj ET Q q 0 0 0 rg BT 524.22 473.95 Td (primarily ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 461.95 Td (driven ) Tj ET Q q 0 0 0 rg BT 79.46 461.95 Td (by ) Tj ET Q q 0 0 0 rg BT 92.25 461.95 Td (interrelated ) Tj ET Q q 0 0 0 rg BT 144.51 461.95 Td (factors ) Tj ET Q q 0 0 0 rg BT 176.74 461.95 Td (including ) Tj ET Q q 0 0 0 rg BT 218.44 461.95 Td (increases ) Tj ET Q q 0 0 0 rg BT 263.46 461.95 Td (in ) Tj ET Q q 0 0 0 rg BT 273.47 461.95 Td (search ) Tj ET Q q 0 0 0 rg BT 305.71 461.95 Td (queries ) Tj ET Q q 0 0 0 rg BT 340.74 461.95 Td (resulting ) Tj ET Q q 0 0 0 rg BT 380.76 461.95 Td (from ) Tj ET Q q 0 0 0 rg BT 402.99 461.95 Td (ongoing ) Tj ET Q q 0 0 0 rg BT 440.80 461.95 Td (growth ) Tj ET Q q 0 0 0 rg BT 473.05 461.95 Td (in ) Tj ET Q q 0 0 0 rg BT 483.05 461.95 Td (user ) Tj ET Q q 0 0 0 rg BT 504.73 461.95 Td (adoption ) Tj ET Q q 0 0 0 rg BT 545.33 461.95 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 449.95 Td (usage, ) Tj ET Q q 0 0 0 rg BT 83.24 449.95 Td (primarily ) Tj ET Q q 0 0 0 rg BT 124.23 449.95 Td (on ) Tj ET Q q 0 0 0 rg BT 138.56 449.95 Td (mobile ) Tj ET Q q 0 0 0 rg BT 171.23 449.95 Td (devices, ) Tj ET Q q 0 0 0 rg BT 211.13 449.95 Td (continued ) Tj ET Q q 0 0 0 rg BT 257.71 449.95 Td (growth ) Tj ET Q q 0 0 0 rg BT 290.94 449.95 Td (in ) Tj ET Q q 0 0 0 rg BT 301.93 449.95 Td (advertiser ) Tj ET Q q 0 0 0 rg BT 349.05 449.95 Td (activity) Tj ET Q q 0 0 0 rg BT 378.87 449.95 Td (, ) Tj ET Q q 0 0 0 rg BT 384.86 449.95 Td (and ) Tj ET Q q 0 0 0 rg BT 404.76 449.95 Td (improvements ) Tj ET Q q 0 0 0 rg BT 470.77 449.95 Td (we ) Tj ET Q q 0 0 0 rg BT 486.77 449.95 Td (have ) Tj ET Q q 0 0 0 rg BT 511.66 449.95 Td (made ) Tj ET Q q 0 0 0 rg BT 539.89 449.95 Td (in ) Tj ET Q q 0 0 0 rg BT 550.89 449.95 Td (ad ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 437.95 Td (formats ) Tj ET Q q 0 0 0 rg BT 85.78 437.95 Td (and ) Tj ET Q q 0 0 0 rg BT 104.91 437.95 Td (delivery) Tj ET Q q 0 0 0 rg BT 138.63 437.95 Td (. ) Tj ET Q q 0 0 0 rg BT 143.85 437.95 Td (Revenue ) Tj ET Q q 0 0 0 rg BT 186.33 437.95 Td (growth ) Tj ET Q q 0 0 0 rg BT 218.79 437.95 Td (was ) Tj ET Q q 0 0 0 rg BT 239.01 437.95 Td (partially ) Tj ET Q q 0 0 0 rg BT 275.92 437.95 Td (of) Tj ET Q q 0 0 0 rg BT 284.08 437.95 Td (fset ) Tj ET Q q 0 0 0 rg BT 302.64 437.95 Td (by ) Tj ET Q q 0 0 0 rg BT 315.65 437.95 Td (the ) Tj ET Q q 0 0 0 rg BT 331.99 437.95 Td (general ) Tj ET Q q 0 0 0 rg BT 367.80 437.95 Td (strengthening ) Tj ET Q q 0 0 0 rg BT 430.84 437.95 Td (of ) Tj ET Q q 0 0 0 rg BT 441.63 437.95 Td (the ) Tj ET Q q 0 0 0 rg BT 457.97 437.95 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 479.87 437.95 Td (dollar ) Tj ET Q q 0 0 0 rg BT 506.77 437.95 Td (compared ) Tj ET Q q 0 0 0 rg BT 553.68 437.95 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 425.95 Td (certain ) Tj ET Q q 0 0 0 rg BT 82.79 425.95 Td (foreign ) Tj ET Q q 0 0 0 rg BT 116.15 425.95 Td (currencies.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 407.95 Td (Our ) Tj ET Q q 0 0 0 rg BT 92.44 407.95 Td (Google ) Tj ET Q q 0 0 0 rg BT 127.95 407.95 Td (Search ) Tj ET Q q 0 0 0 rg BT 162.90 407.95 Td (& ) Tj ET Q q 0 0 0 rg BT 172.83 407.95 Td (other ) Tj ET Q q 0 0 0 rg BT 198.89 407.95 Td (revenues ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.29 407.95 Td (increased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.65 407.95 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.92 407.95 Td ($15,485 ) Tj ET Q q 0 0 0 rg BT 329.33 407.95 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.67 407.95 Td ( ) Tj ET Q q 0 0 0 rg BT 360.93 407.95 Td (from ) Tj ET Q q 0 0 0 rg BT 384.20 407.95 Td (2017 ) Tj ET Q q 0 0 0 rg BT 409.71 407.95 Td (to ) Tj ET Q q 0 0 0 rg BT 421.32 407.95 Td (2018. ) Tj ET Q q 0 0 0 rg BT 449.39 407.95 Td (The ) Tj ET Q q 0 0 0 rg BT 469.89 407.95 Td (growth ) Tj ET Q q 0 0 0 rg BT 503.17 407.95 Td (was ) Tj ET Q q 0 0 0 rg BT 524.22 407.95 Td (primarily ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 395.95 Td (driven ) Tj ET Q q 0 0 0 rg BT 79.83 395.95 Td (by ) Tj ET Q q 0 0 0 rg BT 92.99 395.95 Td (increases ) Tj ET Q q 0 0 0 rg BT 138.38 395.95 Td (in ) Tj ET Q q 0 0 0 rg BT 148.76 395.95 Td (mobile ) Tj ET Q q 0 0 0 rg BT 180.81 395.95 Td (search ) Tj ET Q q 0 0 0 rg BT 213.42 395.95 Td (resulting ) Tj ET Q q 0 0 0 rg BT 253.82 395.95 Td (from ) Tj ET Q q 0 0 0 rg BT 276.41 395.95 Td (ongoing ) Tj ET Q q 0 0 0 rg BT 314.60 395.95 Td (growth ) Tj ET Q q 0 0 0 rg BT 347.21 395.95 Td (in ) Tj ET Q q 0 0 0 rg BT 357.59 395.95 Td (user ) Tj ET Q q 0 0 0 rg BT 379.63 395.95 Td (adoption ) Tj ET Q q 0 0 0 rg BT 420.60 395.95 Td (and ) Tj ET Q q 0 0 0 rg BT 439.88 395.95 Td (usage, ) Tj ET Q q 0 0 0 rg BT 472.50 395.95 Td (as ) Tj ET Q q 0 0 0 rg BT 485.65 395.95 Td (well ) Tj ET Q q 0 0 0 rg BT 505.48 395.95 Td (as ) Tj ET Q q 0 0 0 rg BT 518.63 395.95 Td (continued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 383.95 Td (growth ) Tj ET Q q 0 0 0 rg BT 82.17 383.95 Td (in ) Tj ET Q q 0 0 0 rg BT 92.11 383.95 Td (advertiser ) Tj ET Q q 0 0 0 rg BT 138.17 383.95 Td (activity) Tj ET Q q 0 0 0 rg BT 167.99 383.95 Td (. ) Tj ET Q q 0 0 0 rg BT 172.92 383.95 Td (Growth ) Tj ET Q q 0 0 0 rg BT 207.30 383.95 Td (was ) Tj ET Q q 0 0 0 rg BT 227.24 383.95 Td (also ) Tj ET Q q 0 0 0 rg BT 247.74 383.95 Td (driven ) Tj ET Q q 0 0 0 rg BT 277.13 383.95 Td (by ) Tj ET Q q 0 0 0 rg BT 289.85 383.95 Td (improvements ) Tj ET Q q 0 0 0 rg BT 354.80 383.95 Td (in ) Tj ET Q q 0 0 0 rg BT 364.74 383.95 Td (ad ) Tj ET Q q 0 0 0 rg BT 378.01 383.95 Td (formats ) Tj ET Q q 0 0 0 rg BT 413.51 383.95 Td (and ) Tj ET Q q 0 0 0 rg BT 432.35 383.95 Td (delivery) Tj ET Q q 0 0 0 rg BT 466.06 383.95 Td (, ) Tj ET Q q 0 0 0 rg BT 471.00 383.95 Td (primarily ) Tj ET Q q 0 0 0 rg BT 510.93 383.95 Td (on ) Tj ET Q q 0 0 0 rg BT 524.21 383.95 Td (desktop. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 371.95 Td (Additionally) Tj ET Q q 0 0 0 rg BT 100.40 371.95 Td (, ) Tj ET Q q 0 0 0 rg BT 105.95 371.95 Td (revenue ) Tj ET Q q 0 0 0 rg BT 144.85 371.95 Td (growth ) Tj ET Q q 0 0 0 rg BT 177.64 371.95 Td (was ) Tj ET Q q 0 0 0 rg BT 198.19 371.95 Td (favorably ) Tj ET Q q 0 0 0 rg BT 241.54 371.95 Td (af) Tj ET Q q 0 0 0 rg BT 249.69 371.95 Td (fected ) Tj ET Q q 0 0 0 rg BT 279.71 371.95 Td (by ) Tj ET Q q 0 0 0 rg BT 293.04 371.95 Td (the ) Tj ET Q q 0 0 0 rg BT 309.71 371.95 Td (general ) Tj ET Q q 0 0 0 rg BT 345.83 371.95 Td (weakening ) Tj ET Q q 0 0 0 rg BT 396.42 371.95 Td (of ) Tj ET Q q 0 0 0 rg BT 407.52 371.95 Td (the ) Tj ET Q q 0 0 0 rg BT 424.20 371.95 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 446.41 371.95 Td (dollar ) Tj ET Q q 0 0 0 rg BT 473.64 371.95 Td (compared ) Tj ET Q q 0 0 0 rg BT 520.88 371.95 Td (to ) Tj ET Q q 0 0 0 rg BT 531.99 371.95 Td (certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 359.95 Td (foreign ) Tj ET Q q 0 0 0 rg BT 83.35 359.95 Td (currencies.) Tj ET Q BT /F6 10.00 Tf ET q 0 0 0 rg BT 72.50 341.95 Td (Y) Tj ET Q q 0 0 0 rg BT 78.62 341.95 Td (ouT) Tj ET Q q 0 0 0 rg BT 95.11 341.95 Td (ube ) Tj ET Q q 0 0 0 rg BT 114.57 341.95 Td (ads) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 323.95 Td (Y) Tj ET Q q 0 0 0 rg BT 78.25 323.95 Td (ouT) Tj ET Q q 0 0 0 rg BT 95.11 323.95 Td (ube ) Tj ET Q q 0 0 0 rg BT 114.81 323.95 Td (ads ) Tj ET Q q 0 0 0 rg BT 133.95 323.95 Td (revenues ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 178.11 323.95 Td (increased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 221.47 323.95 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 224.49 323.95 Td ($3,994 ) Tj ET Q q 0 0 0 rg BT 258.09 323.95 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.43 323.95 Td ( ) Tj ET Q q 0 0 0 rg BT 289.45 323.95 Td (from ) Tj ET Q q 0 0 0 rg BT 312.46 323.95 Td (2018 ) Tj ET Q q 0 0 0 rg BT 337.73 323.95 Td (to ) Tj ET Q q 0 0 0 rg BT 349.08 323.95 Td (2019 ) Tj ET Q q 0 0 0 rg BT 374.35 323.95 Td (and ) Tj ET Q q 0 0 0 rg BT 394.05 323.95 Td (increased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.42 323.95 Td ($3,005 ) Tj ET Q q 0 0 0 rg BT 474.03 323.95 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.37 323.95 Td ( ) Tj ET Q q 0 0 0 rg BT 505.38 323.95 Td (from ) Tj ET Q q 0 0 0 rg BT 528.40 323.95 Td (2017 ) Tj ET Q q 0 0 0 rg BT 553.66 323.95 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 311.95 Td (2018. ) Tj ET Q q 0 0 0 rg BT 78.71 311.95 Td (The ) Tj ET Q q 0 0 0 rg BT 99.89 311.95 Td (largest ) Tj ET Q q 0 0 0 rg BT 133.85 311.95 Td (contributors ) Tj ET Q q 0 0 0 rg BT 190.04 311.95 Td (to ) Tj ET Q q 0 0 0 rg BT 202.32 311.95 Td (the ) Tj ET Q q 0 0 0 rg BT 220.16 311.95 Td (growth ) Tj ET Q q 0 0 0 rg BT 254.12 311.95 Td (during ) Tj ET Q q 0 0 0 rg BT 285.86 311.95 Td (both ) Tj ET Q q 0 0 0 rg BT 309.27 311.95 Td (periods ) Tj ET Q q 0 0 0 rg BT 346.01 311.95 Td (were ) Tj ET Q q 0 0 0 rg BT 371.63 311.95 Td (our ) Tj ET Q q 0 0 0 rg BT 390.03 311.95 Td (direct ) Tj ET Q q 0 0 0 rg BT 418.43 311.95 Td (response ) Tj ET Q q 0 0 0 rg BT 463.51 311.95 Td (and ) Tj ET Q q 0 0 0 rg BT 484.14 311.95 Td (brand ) Tj ET Q q 0 0 0 rg BT 513.66 311.95 Td (advertising ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 299.95 Td (products, ) Tj ET Q q 0 0 0 rg BT 93.91 299.95 Td (both ) Tj ET Q q 0 0 0 rg BT 116.15 299.95 Td (of ) Tj ET Q q 0 0 0 rg BT 127.27 299.95 Td (which ) Tj ET Q q 0 0 0 rg BT 155.62 299.95 Td (benefited ) Tj ET Q q 0 0 0 rg BT 199.54 299.95 Td (from ) Tj ET Q q 0 0 0 rg BT 222.32 299.95 Td (improvements ) Tj ET Q q 0 0 0 rg BT 287.90 299.95 Td (to ) Tj ET Q q 0 0 0 rg BT 299.01 299.95 Td (ad ) Tj ET Q q 0 0 0 rg BT 312.92 299.95 Td (formats ) Tj ET Q q 0 0 0 rg BT 349.03 299.95 Td (and ) Tj ET Q q 0 0 0 rg BT 368.50 299.95 Td (delivery ) Tj ET Q q 0 0 0 rg BT 405.73 299.95 Td (and ) Tj ET Q q 0 0 0 rg BT 425.20 299.95 Td (increased ) Tj ET Q q 0 0 0 rg BT 471.33 299.95 Td (advertiser ) Tj ET Q q 0 0 0 rg BT 518.02 299.95 Td (spending.) Tj ET Q BT /F6 10.00 Tf ET q 0 0 0 rg BT 72.50 281.95 Td (Google ) Tj ET Q q 0 0 0 rg BT 107.52 281.95 Td (Network ) Tj ET Q q 0 0 0 rg BT 146.98 281.95 Td (Members' ) Tj ET Q q 0 0 0 rg BT 193.34 281.95 Td (properties) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 263.95 Td (Our ) Tj ET Q q 0 0 0 rg BT 91.30 263.95 Td (Google ) Tj ET Q q 0 0 0 rg BT 125.68 263.95 Td (Network ) Tj ET Q q 0 0 0 rg BT 164.48 263.95 Td (Members' ) Tj ET Q q 0 0 0 rg BT 210.19 263.95 Td (properties ) Tj ET Q q 0 0 0 rg BT 256.79 263.95 Td (revenues ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.06 263.95 Td (increased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.42 263.95 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.55 263.95 Td ($1,537 ) Tj ET Q q 0 0 0 rg BT 378.26 263.95 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.60 263.95 Td ( ) Tj ET Q q 0 0 0 rg BT 408.73 263.95 Td (from ) Tj ET Q q 0 0 0 rg BT 430.86 263.95 Td (2018 ) Tj ET Q q 0 0 0 rg BT 455.24 263.95 Td (to ) Tj ET Q q 0 0 0 rg BT 465.71 263.95 Td (2019. ) Tj ET Q q 0 0 0 rg BT 492.73 263.95 Td (The ) Tj ET Q q 0 0 0 rg BT 512.09 263.95 Td (growth ) Tj ET Q q 0 0 0 rg BT 544.23 263.95 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 251.95 Td (primarily ) Tj ET Q q 0 0 0 rg BT 89.40 251.95 Td (driven ) Tj ET Q q 0 0 0 rg BT 118.26 251.95 Td (by ) Tj ET Q q 0 0 0 rg BT 130.45 251.95 Td (strength ) Tj ET Q q 0 0 0 rg BT 168.21 251.95 Td (in ) Tj ET Q q 0 0 0 rg BT 177.61 251.95 Td (both ) Tj ET Q q 0 0 0 rg BT 198.38 251.95 Td (AdManager ) Tj ET Q q 0 0 0 rg BT 251.70 251.95 Td (\(included ) Tj ET Q q 0 0 0 rg BT 293.90 251.95 Td (in ) Tj ET Q q 0 0 0 rg BT 303.31 251.95 Td (what ) Tj ET Q q 0 0 0 rg BT 326.06 251.95 Td (was ) Tj ET Q q 0 0 0 rg BT 345.47 251.95 Td (previously ) Tj ET Q q 0 0 0 rg BT 392.11 251.95 Td (referred ) Tj ET Q q 0 0 0 rg BT 428.75 251.95 Td (to ) Tj ET Q q 0 0 0 rg BT 438.71 251.95 Td (as ) Tj ET Q q 0 0 0 rg BT 450.90 251.95 Td (programmatic ) Tj ET Q q 0 0 0 rg BT 513.65 251.95 Td (advertising ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 239.95 Td (buying\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 82.80 239.95 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.31 239.95 Td (and ) Tj ET Q q 0 0 0 rg BT 107.62 239.95 Td (AdMob, ) Tj ET Q q 0 0 0 rg BT 146.60 239.95 Td (partially ) Tj ET Q q 0 0 0 rg BT 185.57 239.95 Td (of) Tj ET Q q 0 0 0 rg BT 193.73 239.95 Td (fset ) Tj ET Q q 0 0 0 rg BT 214.36 239.95 Td (by ) Tj ET Q q 0 0 0 rg BT 229.44 239.95 Td (the ) Tj ET Q q 0 0 0 rg BT 247.86 239.95 Td (general ) Tj ET Q q 0 0 0 rg BT 285.73 239.95 Td (strengthening ) Tj ET Q q 0 0 0 rg BT 350.85 239.95 Td (of ) Tj ET Q q 0 0 0 rg BT 363.70 239.95 Td (the ) Tj ET Q q 0 0 0 rg BT 382.12 239.95 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 406.08 239.95 Td (dollar ) Tj ET Q q 0 0 0 rg BT 435.06 239.95 Td (compared ) Tj ET Q q 0 0 0 rg BT 484.04 239.95 Td (to ) Tj ET Q q 0 0 0 rg BT 496.90 239.95 Td (certain ) Tj ET Q q 0 0 0 rg BT 531.43 239.95 Td (foreign ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 227.95 Td (currencies.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 209.95 Td (Our ) Tj ET Q q 0 0 0 rg BT 91.44 209.95 Td (Google ) Tj ET Q q 0 0 0 rg BT 125.96 209.95 Td (Network ) Tj ET Q q 0 0 0 rg BT 164.91 209.95 Td (Members' ) Tj ET Q q 0 0 0 rg BT 210.76 209.95 Td (properties ) Tj ET Q q 0 0 0 rg BT 257.50 209.95 Td (revenues ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.92 209.95 Td (increased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.27 209.95 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.55 209.95 Td ($2,394 ) Tj ET Q q 0 0 0 rg BT 379.41 209.95 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.75 209.95 Td ( ) Tj ET Q q 0 0 0 rg BT 410.02 209.95 Td (from ) Tj ET Q q 0 0 0 rg BT 432.29 209.95 Td (2017 ) Tj ET Q q 0 0 0 rg BT 456.81 209.95 Td (to ) Tj ET Q q 0 0 0 rg BT 467.42 209.95 Td (2018, ) Tj ET Q q 0 0 0 rg BT 494.72 209.95 Td (primarily ) Tj ET Q q 0 0 0 rg BT 534.77 209.95 Td (driven ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 197.95 Td (by ) Tj ET Q q 0 0 0 rg BT 62.88 197.95 Td (strength ) Tj ET Q q 0 0 0 rg BT 101.34 197.95 Td (in ) Tj ET Q q 0 0 0 rg BT 111.44 197.95 Td (both ) Tj ET Q q 0 0 0 rg BT 132.76 197.95 Td (AdMob ) Tj ET Q q 0 0 0 rg BT 166.77 197.95 Td (and ) Tj ET Q q 0 0 0 rg BT 185.32 197.95 Td (AdManager) Tj ET Q q 0 0 0 rg BT 236.46 197.95 Td (, ) Tj ET Q q 0 0 0 rg BT 241.56 197.95 Td (of) Tj ET Q q 0 0 0 rg BT 249.72 197.95 Td (fset ) Tj ET Q q 0 0 0 rg BT 268.16 197.95 Td (by ) Tj ET Q q 0 0 0 rg BT 281.04 197.95 Td (a ) Tj ET Q q 0 0 0 rg BT 288.93 197.95 Td (decline ) Tj ET Q q 0 0 0 rg BT 322.94 197.95 Td (in ) Tj ET Q q 0 0 0 rg BT 333.04 197.95 Td (our ) Tj ET Q q 0 0 0 rg BT 349.82 197.95 Td (traditional ) Tj ET Q q 0 0 0 rg BT 395.04 197.95 Td (AdSense ) Tj ET Q q 0 0 0 rg BT 437.94 197.95 Td (businesses. ) Tj ET Q q 0 0 0 rg BT 492.61 197.95 Td (Additionally) Tj ET Q q 0 0 0 rg BT 543.01 197.95 Td (, ) Tj ET Q q 0 0 0 rg BT 548.11 197.95 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 185.95 Td (growth ) Tj ET Q q 0 0 0 rg BT 82.79 185.95 Td (was ) Tj ET Q q 0 0 0 rg BT 103.35 185.95 Td (favorably ) Tj ET Q q 0 0 0 rg BT 146.71 185.95 Td (af) Tj ET Q q 0 0 0 rg BT 154.87 185.95 Td (fected ) Tj ET Q q 0 0 0 rg BT 184.89 185.95 Td (by ) Tj ET Q q 0 0 0 rg BT 198.23 185.95 Td (the ) Tj ET Q q 0 0 0 rg BT 214.91 185.95 Td (general ) Tj ET Q q 0 0 0 rg BT 251.04 185.95 Td (weakening ) Tj ET Q q 0 0 0 rg BT 301.64 185.95 Td (of ) Tj ET Q q 0 0 0 rg BT 312.75 185.95 Td (the ) Tj ET Q q 0 0 0 rg BT 329.43 185.95 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 351.66 185.95 Td (dollar ) Tj ET Q q 0 0 0 rg BT 378.90 185.95 Td (compared ) Tj ET Q q 0 0 0 rg BT 426.14 185.95 Td (to ) Tj ET Q q 0 0 0 rg BT 437.26 185.95 Td (certain ) Tj ET Q q 0 0 0 rg BT 470.05 185.95 Td (foreign ) Tj ET Q q 0 0 0 rg BT 503.41 185.95 Td (currencies.) Tj ET Q BT /F6 10.00 Tf ET q 0 0 0 rg BT 72.50 167.95 Td (Use ) Tj ET Q q 0 0 0 rg BT 93.06 167.95 Td (of ) Tj ET Q q 0 0 0 rg BT 104.18 167.95 Td (Monetization ) Tj ET Q q 0 0 0 rg BT 163.66 167.95 Td (Metrics) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 149.95 Td (Paid ) Tj ET Q q 0 0 0 rg BT 95.65 149.95 Td (clicks ) Tj ET Q q 0 0 0 rg BT 123.23 149.95 Td (for ) Tj ET Q q 0 0 0 rg BT 138.04 149.95 Td (our ) Tj ET Q q 0 0 0 rg BT 155.63 149.95 Td (Google ) Tj ET Q q 0 0 0 rg BT 191.01 149.95 Td (properties ) Tj ET Q q 0 0 0 rg BT 238.61 149.95 Td (represent ) Tj ET Q q 0 0 0 rg BT 283.99 149.95 Td (engagement ) Tj ET Q q 0 0 0 rg BT 342.73 149.95 Td (by ) Tj ET Q q 0 0 0 rg BT 356.43 149.95 Td (users ) Tj ET Q q 0 0 0 rg BT 384.02 149.95 Td (and ) Tj ET Q q 0 0 0 rg BT 403.84 149.95 Td (include ) Tj ET Q q 0 0 0 rg BT 438.67 149.95 Td (clicks ) Tj ET Q q 0 0 0 rg BT 466.24 149.95 Td (on ) Tj ET Q q 0 0 0 rg BT 480.50 149.95 Td (advertisements ) Tj ET Q q 0 0 0 rg BT 551.45 149.95 Td (by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 137.95 Td (end-users ) Tj ET Q q 0 0 0 rg BT 98.24 137.95 Td (related ) Tj ET Q q 0 0 0 rg BT 132.59 137.95 Td (to ) Tj ET Q q 0 0 0 rg BT 144.70 137.95 Td (searches ) Tj ET Q q 0 0 0 rg BT 189.05 137.95 Td (on ) Tj ET Q q 0 0 0 rg BT 203.95 137.95 Td (Google.com ) Tj ET Q q 0 0 0 rg BT 261.64 137.95 Td (and ) Tj ET Q q 0 0 0 rg BT 282.09 137.95 Td (other ) Tj ET Q q 0 0 0 rg BT 308.66 137.95 Td (owned ) Tj ET Q q 0 0 0 rg BT 341.90 137.95 Td (and ) Tj ET Q q 0 0 0 rg BT 362.36 137.95 Td (operated ) Tj ET Q q 0 0 0 rg BT 405.61 137.95 Td (properties ) Tj ET Q q 0 0 0 rg BT 453.85 137.95 Td (including ) Tj ET Q q 0 0 0 rg BT 497.10 137.95 Td (Gmail, ) Tj ET Q q 0 0 0 rg BT 529.76 137.95 Td (Google ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 125.95 Td (Maps, ) Tj ET Q q 0 0 0 rg BT 80.18 125.95 Td (and ) Tj ET Q q 0 0 0 rg BT 99.82 125.95 Td (Google ) Tj ET Q q 0 0 0 rg BT 135.02 125.95 Td (Play; ) Tj ET Q q 0 0 0 rg BT 160.21 125.95 Td (and ) Tj ET Q q 0 0 0 rg BT 179.84 125.95 Td (viewed ) Tj ET Q q 0 0 0 rg BT 213.73 125.95 Td (Y) Tj ET Q q 0 0 0 rg BT 219.48 125.95 Td (ouT) Tj ET Q q 0 0 0 rg BT 236.35 125.95 Td (ube ) Tj ET Q q 0 0 0 rg BT 255.98 125.95 Td (engagement ) Tj ET Q q 0 0 0 rg BT 314.54 125.95 Td (ads ) Tj ET Q q 0 0 0 rg BT 333.61 125.95 Td (\(certain ) Tj ET Q q 0 0 0 rg BT 369.72 125.95 Td (Y) Tj ET Q q 0 0 0 rg BT 375.47 125.95 Td (ouT) Tj ET Q q 0 0 0 rg BT 392.33 125.95 Td (ube ) Tj ET Q q 0 0 0 rg BT 411.97 125.95 Td (ad ) Tj ET Q q 0 0 0 rg BT 426.04 125.95 Td (formats ) Tj ET Q q 0 0 0 rg BT 462.34 125.95 Td (are ) Tj ET Q q 0 0 0 rg BT 479.74 125.95 Td (not ) Tj ET Q q 0 0 0 rg BT 496.60 125.95 Td (included ) Tj ET Q q 0 0 0 rg BT 536.80 125.95 Td (in ) Tj ET Q q 0 0 0 rg BT 547.54 125.95 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 113.95 Td (click ) Tj ET Q q 0 0 0 rg BT 73.11 113.95 Td (or ) Tj ET Q q 0 0 0 rg BT 85.67 113.95 Td (impression ) Tj ET Q q 0 0 0 rg BT 137.69 113.95 Td (based ) Tj ET Q q 0 0 0 rg BT 168.61 113.95 Td (metrics\). ) Tj ET Q q 0 0 0 rg BT 210.61 113.95 Td (Impressions ) Tj ET Q q 0 0 0 rg BT 268.18 113.95 Td (for ) Tj ET Q q 0 0 0 rg BT 283.52 113.95 Td (our ) Tj ET Q q 0 0 0 rg BT 301.65 113.95 Td (Google ) Tj ET Q q 0 0 0 rg BT 337.56 113.95 Td (Network ) Tj ET Q q 0 0 0 rg BT 377.91 113.95 Td (Members' ) Tj ET Q q 0 0 0 rg BT 425.16 113.95 Td (properties ) Tj ET Q q 0 0 0 rg BT 473.30 113.95 Td (include ) Tj ET Q q 0 0 0 rg BT 508.65 113.95 Td (impressions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 101.95 Td (displayed ) Tj ET Q q 0 0 0 rg BT 95.75 101.95 Td (to ) Tj ET Q q 0 0 0 rg BT 107.59 101.95 Td (users ) Tj ET Q q 0 0 0 rg BT 135.55 101.95 Td (served ) Tj ET Q q 0 0 0 rg BT 169.06 101.95 Td (on ) Tj ET Q q 0 0 0 rg BT 183.69 101.95 Td (Google ) Tj ET Q q 0 0 0 rg BT 219.44 101.95 Td (Network ) Tj ET Q q 0 0 0 rg BT 259.61 101.95 Td (Members' ) Tj ET Q q 0 0 0 rg BT 306.70 101.95 Td (properties ) Tj ET Q q 0 0 0 rg BT 354.67 101.95 Td (participating ) Tj ET Q q 0 0 0 rg BT 412.09 101.95 Td (primarily ) Tj ET Q q 0 0 0 rg BT 453.37 101.95 Td (in ) Tj ET Q q 0 0 0 rg BT 463.96 101.95 Td (AdMob, ) Tj ET Q q 0 0 0 rg BT 501.23 101.95 Td (AdSense ) Tj ET Q q 0 0 0 rg BT 545.32 101.95 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 89.95 Td (Google ) Tj ET Q q 0 0 0 rg BT 84.47 89.95 Td (Ad ) Tj ET Q q 0 0 0 rg BT 99.48 89.95 Td (Manager) Tj ET Q q 0 0 0 rg BT 138.40 89.95 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 71.95 Td (Cost-per-click ) Tj ET Q q 0 0 0 rg BT 136.59 71.95 Td (is ) Tj ET Q q 0 0 0 rg BT 146.79 71.95 Td (defined ) Tj ET Q q 0 0 0 rg BT 182.58 71.95 Td (as ) Tj ET Q q 0 0 0 rg BT 196.12 71.95 Td (click-driven ) Tj ET Q q 0 0 0 rg BT 249.10 71.95 Td (revenues ) Tj ET Q q 0 0 0 rg BT 293.22 71.95 Td (divided ) Tj ET Q q 0 0 0 rg BT 327.88 71.95 Td (by ) Tj ET Q q 0 0 0 rg BT 341.42 71.95 Td (our ) Tj ET Q q 0 0 0 rg BT 358.85 71.95 Td (total ) Tj ET Q q 0 0 0 rg BT 380.73 71.95 Td (number ) Tj ET Q q 0 0 0 rg BT 417.61 71.95 Td (of ) Tj ET Q q 0 0 0 rg BT 428.93 71.95 Td (paid ) Tj ET Q q 0 0 0 rg BT 450.81 71.95 Td (clicks ) Tj ET Q q 0 0 0 rg BT 478.23 71.95 Td (and ) Tj ET Q q 0 0 0 rg BT 497.89 71.95 Td (represents ) Tj ET Q q 0 0 0 rg BT 548.11 71.95 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 59.95 Td (average ) Tj ET Q q 0 0 0 rg BT 88.92 59.95 Td (amount ) Tj ET Q q 0 0 0 rg BT 125.05 59.95 Td (we ) Tj ET Q q 0 0 0 rg BT 140.61 59.95 Td (charge ) Tj ET Q q 0 0 0 rg BT 173.96 59.95 Td (advertisers ) Tj ET Q q 0 0 0 rg BT 225.65 59.95 Td (for ) Tj ET Q q 0 0 0 rg BT 240.10 59.95 Td (each ) Tj ET Q q 0 0 0 rg BT 264.56 59.95 Td (engagement ) Tj ET Q q 0 0 0 rg BT 322.94 59.95 Td (by ) Tj ET Q q 0 0 0 rg BT 336.28 59.95 Td (users.) 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Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 711.75 Td (As ) Tj ET Q q 0 0 0 rg BT 86.73 711.75 Td (our ) Tj ET Q q 0 0 0 rg BT 103.75 711.75 Td (business ) Tj ET Q q 0 0 0 rg BT 145.78 711.75 Td (evolves, ) Tj ET Q q 0 0 0 rg BT 185.03 711.75 Td (we ) Tj ET Q q 0 0 0 rg BT 200.38 711.75 Td (periodically ) Tj ET Q q 0 0 0 rg BT 252.97 711.75 Td (review) Tj ET Q q 0 0 0 rg BT 281.31 711.75 Td (, ) Tj ET Q q 0 0 0 rg BT 286.65 711.75 Td (refine ) Tj ET Q q 0 0 0 rg BT 314.23 711.75 Td (and ) Tj ET Q q 0 0 0 rg BT 333.48 711.75 Td (update ) Tj ET Q q 0 0 0 rg BT 366.63 711.75 Td (our ) Tj ET Q q 0 0 0 rg BT 383.65 711.75 Td (methodologies ) Tj ET Q q 0 0 0 rg BT 451.26 711.75 Td (for ) Tj ET Q q 0 0 0 rg BT 465.49 711.75 Td (monitoring, ) Tj ET Q q 0 0 0 rg BT 517.52 711.75 Td (gathering, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 699.75 Td (and ) Tj ET Q q 0 0 0 rg BT 69.43 699.75 Td (counting ) Tj ET Q q 0 0 0 rg BT 109.99 699.75 Td (the ) Tj ET Q q 0 0 0 rg BT 126.64 699.75 Td (number ) Tj ET Q q 0 0 0 rg BT 163.30 699.75 Td (of ) Tj ET Q q 0 0 0 rg BT 174.39 699.75 Td (paid ) Tj ET Q q 0 0 0 rg BT 196.05 699.75 Td (clicks ) Tj ET Q q 0 0 0 rg BT 223.24 699.75 Td (on ) Tj ET Q q 0 0 0 rg BT 237.11 699.75 Td (our ) Tj ET Q q 0 0 0 rg BT 254.32 699.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 289.31 699.75 Td (properties ) Tj ET Q q 0 0 0 rg BT 336.53 699.75 Td (and ) Tj ET Q q 0 0 0 rg BT 355.96 699.75 Td (the ) Tj ET Q q 0 0 0 rg BT 372.62 699.75 Td (number ) Tj ET Q q 0 0 0 rg BT 409.27 699.75 Td (of ) Tj ET Q q 0 0 0 rg BT 420.36 699.75 Td (impressions ) Tj ET Q q 0 0 0 rg BT 476.46 699.75 Td (on ) Tj ET Q q 0 0 0 rg BT 490.33 699.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 525.33 699.75 Td (Network ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 687.75 Td (Members? Tj ET Q q 0 0 0 rg BT 93.53 687.75 Td ( ) Tj ET Q q 0 0 0 rg BT 97.09 687.75 Td (properties ) Tj ET Q q 0 0 0 rg BT 145.13 687.75 Td (and ) Tj ET Q q 0 0 0 rg BT 165.39 687.75 Td (for ) Tj ET Q q 0 0 0 rg BT 180.63 687.75 Td (identifying ) Tj ET Q q 0 0 0 rg BT 229.22 687.75 Td (the ) Tj ET Q q 0 0 0 rg BT 246.69 687.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 291.40 687.75 Td (generated ) Tj ET Q q 0 0 0 rg BT 340.01 687.75 Td (by ) Tj ET Q q 0 0 0 rg BT 354.14 687.75 Td (click ) Tj ET Q q 0 0 0 rg BT 377.15 687.75 Td (activity ) Tj ET Q q 0 0 0 rg BT 411.28 687.75 Td (on ) Tj ET Q q 0 0 0 rg BT 425.98 687.75 Td (our ) Tj ET Q q 0 0 0 rg BT 444.00 687.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 479.81 687.75 Td (properties ) Tj ET Q q 0 0 0 rg BT 527.85 687.75 Td (and ) Tj ET Q q 0 0 0 rg BT 548.11 687.75 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 675.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 93.92 675.75 Td (generated ) Tj ET Q q 0 0 0 rg BT 141.73 675.75 Td (by ) Tj ET Q q 0 0 0 rg BT 155.07 675.75 Td (impression ) Tj ET Q q 0 0 0 rg BT 206.20 675.75 Td (activity ) Tj ET Q q 0 0 0 rg BT 239.54 675.75 Td (on ) Tj ET Q q 0 0 0 rg BT 253.44 675.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 288.47 675.75 Td (Network ) Tj ET Q q 0 0 0 rg BT 327.92 675.75 Td (Members? Tj ET Q q 0 0 0 rg BT 371.45 675.75 Td ( ) Tj ET Q q 0 0 0 rg BT 374.22 675.75 Td (properties.) Tj ET Q BT /F6 10.00 Tf ET q 0 0 0 rg BT 72.50 657.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 107.52 657.75 Td (properties) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 639.75 Td (The ) Tj ET Q q 0 0 0 rg BT 92.51 639.75 Td (following ) Tj ET Q q 0 0 0 rg BT 134.20 639.75 Td (table ) Tj ET Q q 0 0 0 rg BT 158.66 639.75 Td (presents ) Tj ET Q q 0 0 0 rg BT 199.79 639.75 Td (changes ) Tj ET Q q 0 0 0 rg BT 240.38 639.75 Td (in ) Tj ET Q q 0 0 0 rg BT 250.94 639.75 Td (our ) Tj ET Q q 0 0 0 rg BT 268.17 639.75 Td (paid ) Tj ET Q q 0 0 0 rg BT 289.86 639.75 Td (clicks ) Tj ET Q q 0 0 0 rg BT 317.08 639.75 Td (and ) Tj ET Q q 0 0 0 rg BT 336.54 639.75 Td (cost-per-click ) Tj ET Q q 0 0 0 rg BT 398.22 639.75 Td (\(expressed ) Tj ET Q q 0 0 0 rg BT 450.46 639.75 Td (as ) Tj ET Q q 0 0 0 rg BT 463.80 639.75 Td (a ) Tj ET Q q 0 0 0 rg BT 472.14 639.75 Td (percentage\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 601.25 348.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 601.25 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.50 601.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 601.25 80.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 613.25 m 477.5 613.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 613.25 m 481.5 613.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 613.25 m 561.5 613.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 613.25 m 477.5 613.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 601.25 m 477.5 601.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 613.25 m 561.5 613.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 601.25 m 561.5 601.25 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.00 617.48 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 430.05 617.48 Td (Y) Tj ET Q q 0 0 0 rg BT 435.17 617.48 Td (ear Ended December 31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.00 604.93 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 428.10 604.93 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 512.10 604.93 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 591.47 Td (Paid clicks change) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.60 590.87 Td (62) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.10 590.87 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.60 590.87 Td (23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.10 590.87 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 576.47 Td (Cost-per-click change) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.25 575.87 Td (\(25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.75 575.87 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.85 575.87 Td (\(7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.75 575.87 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 553.75 Td (The ) Tj ET Q q 0 0 0 rg BT 92.46 553.75 Td (number ) Tj ET Q q 0 0 0 rg BT 129.09 553.75 Td (of ) Tj ET Q q 0 0 0 rg BT 140.16 553.75 Td (paid ) Tj ET Q q 0 0 0 rg BT 161.79 553.75 Td (clicks ) Tj ET Q q 0 0 0 rg BT 188.96 553.75 Td (through ) Tj ET Q q 0 0 0 rg BT 225.60 553.75 Td (our ) Tj ET Q q 0 0 0 rg BT 242.78 553.75 Td (advertising ) Tj ET Q q 0 0 0 rg BT 293.87 553.75 Td (programs ) Tj ET Q q 0 0 0 rg BT 338.83 553.75 Td (on ) Tj ET Q q 0 0 0 rg BT 352.68 553.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 387.65 553.75 Td (properties ) Tj ET Q q 0 0 0 rg BT 434.85 553.75 Td (increased ) Tj ET Q q 0 0 0 rg BT 480.93 553.75 Td (from? Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.71 553.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.96 553.75 Td ( ) Tj ET Q q 0 0 0 rg BT 528.68 553.75 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.75 553.75 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 562.00 553.75 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 541.75 Td (due ) Tj ET Q q 0 0 0 rg BT 68.68 541.75 Td (to ) Tj ET Q q 0 0 0 rg BT 79.02 541.75 Td (growth ) Tj ET Q q 0 0 0 rg BT 111.03 541.75 Td (in ) Tj ET Q q 0 0 0 rg BT 120.80 541.75 Td (views ) Tj ET Q q 0 0 0 rg BT 147.81 541.75 Td (of ) Tj ET Q q 0 0 0 rg BT 158.01 541.75 Td (Y) Tj ET Q q 0 0 0 rg BT 163.76 541.75 Td (ouT) Tj ET Q q 0 0 0 rg BT 180.62 541.75 Td (ube ) Tj ET Q q 0 0 0 rg BT 199.30 541.75 Td (engagement ) Tj ET Q q 0 0 0 rg BT 256.90 541.75 Td (ads; ) Tj ET Q q 0 0 0 rg BT 277.80 541.75 Td (increase ) Tj ET Q q 0 0 0 rg BT 317.59 541.75 Td (in ) Tj ET Q q 0 0 0 rg BT 327.37 541.75 Td (clicks ) Tj ET Q q 0 0 0 rg BT 353.81 541.75 Td (due ) Tj ET Q q 0 0 0 rg BT 372.49 541.75 Td (to ) Tj ET Q q 0 0 0 rg BT 382.82 541.75 Td (interrelated ) Tj ET Q q 0 0 0 rg BT 434.85 541.75 Td (factors, ) Tj ET Q q 0 0 0 rg BT 469.63 541.75 Td (including ) Tj ET Q q 0 0 0 rg BT 511.10 541.75 Td (an ) Tj ET Q q 0 0 0 rg BT 524.22 541.75 Td (increase ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 529.75 Td (in ) Tj ET Q q 0 0 0 rg BT 60.74 529.75 Td (search ) Tj ET Q q 0 0 0 rg BT 93.71 529.75 Td (queries ) Tj ET Q q 0 0 0 rg BT 129.46 529.75 Td (resulting ) Tj ET Q q 0 0 0 rg BT 170.21 529.75 Td (from ) Tj ET Q q 0 0 0 rg BT 193.17 529.75 Td (ongoing ) Tj ET Q q 0 0 0 rg BT 231.71 529.75 Td (growth ) Tj ET Q q 0 0 0 rg BT 264.68 529.75 Td (in ) Tj ET Q q 0 0 0 rg BT 275.42 529.75 Td (user ) Tj ET Q q 0 0 0 rg BT 297.83 529.75 Td (adoption ) Tj ET Q q 0 0 0 rg BT 339.15 529.75 Td (and ) Tj ET Q q 0 0 0 rg BT 358.79 529.75 Td (usage, ) Tj ET Q q 0 0 0 rg BT 391.77 529.75 Td (primarily ) Tj ET Q q 0 0 0 rg BT 432.50 529.75 Td (on ) Tj ET Q q 0 0 0 rg BT 446.58 529.75 Td (mobile ) Tj ET Q q 0 0 0 rg BT 478.99 529.75 Td (devices; ) Tj ET Q q 0 0 0 rg BT 518.63 529.75 Td (continued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 517.75 Td (growth ) Tj ET Q q 0 0 0 rg BT 82.89 517.75 Td (in ) Tj ET Q q 0 0 0 rg BT 93.55 517.75 Td (advertiser ) Tj ET Q q 0 0 0 rg BT 140.33 517.75 Td (activity; ) Tj ET Q q 0 0 0 rg BT 176.55 517.75 Td (and ) Tj ET Q q 0 0 0 rg BT 196.11 517.75 Td (improvements ) Tj ET Q q 0 0 0 rg BT 261.78 517.75 Td (we ) Tj ET Q q 0 0 0 rg BT 277.44 517.75 Td (have ) Tj ET Q q 0 0 0 rg BT 302.00 517.75 Td (made ) Tj ET Q q 0 0 0 rg BT 329.89 517.75 Td (in ) Tj ET Q q 0 0 0 rg BT 340.55 517.75 Td (ad ) Tj ET Q q 0 0 0 rg BT 354.55 517.75 Td (formats ) Tj ET Q q 0 0 0 rg BT 390.77 517.75 Td (and ) Tj ET Q q 0 0 0 rg BT 410.33 517.75 Td (delivery) Tj ET Q q 0 0 0 rg BT 444.04 517.75 Td (. ) Tj ET Q q 0 0 0 rg BT 449.51 517.75 Td (The ) Tj ET Q q 0 0 0 rg BT 469.62 517.75 Td (positive ) Tj ET Q q 0 0 0 rg BT 506.40 517.75 Td (ef) Tj ET Q q 0 0 0 rg BT 514.56 517.75 Td (fect ) Tj ET Q q 0 0 0 rg BT 533.55 517.75 Td (on ) Tj ET Q q 0 0 0 rg BT 547.55 517.75 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 505.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 93.29 505.75 Td (from ) Tj ET Q q 0 0 0 rg BT 115.44 505.75 Td (an ) Tj ET Q q 0 0 0 rg BT 128.71 505.75 Td (increase ) Tj ET Q q 0 0 0 rg BT 168.66 505.75 Td (in ) Tj ET Q q 0 0 0 rg BT 178.59 505.75 Td (paid ) Tj ET Q q 0 0 0 rg BT 199.65 505.75 Td (clicks ) Tj ET Q q 0 0 0 rg BT 226.24 505.75 Td (was ) Tj ET Q q 0 0 0 rg BT 246.18 505.75 Td (partially ) Tj ET Q q 0 0 0 rg BT 282.79 505.75 Td (of) Tj ET Q q 0 0 0 rg BT 290.95 505.75 Td (fset ) Tj ET Q q 0 0 0 rg BT 309.21 505.75 Td (by ) Tj ET Q q 0 0 0 rg BT 321.93 505.75 Td (a ) Tj ET Q q 0 0 0 rg BT 329.64 505.75 Td (decrease ) Tj ET Q q 0 0 0 rg BT 372.93 505.75 Td (in ) Tj ET Q q 0 0 0 rg BT 382.86 505.75 Td (the ) Tj ET Q q 0 0 0 rg BT 398.91 505.75 Td (cost-per-click ) Tj ET Q q 0 0 0 rg BT 459.96 505.75 Td (paid ) Tj ET Q q 0 0 0 rg BT 481.01 505.75 Td (by ) Tj ET Q q 0 0 0 rg BT 493.73 505.75 Td (our ) Tj ET Q q 0 0 0 rg BT 510.33 505.75 Td (advertisers. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 493.75 Td (The ) Tj ET Q q 0 0 0 rg BT 69.56 493.75 Td (decrease ) Tj ET Q q 0 0 0 rg BT 113.02 493.75 Td (in ) Tj ET Q q 0 0 0 rg BT 123.13 493.75 Td (cost-per-click ) Tj ET Q q 0 0 0 rg BT 184.35 493.75 Td (was ) Tj ET Q q 0 0 0 rg BT 204.46 493.75 Td (primarily ) Tj ET Q q 0 0 0 rg BT 244.56 493.75 Td (driven ) Tj ET Q q 0 0 0 rg BT 274.12 493.75 Td (by ) Tj ET Q q 0 0 0 rg BT 287.01 493.75 Td (continued ) Tj ET Q q 0 0 0 rg BT 332.70 493.75 Td (growth ) Tj ET Q q 0 0 0 rg BT 365.04 493.75 Td (in ) Tj ET Q q 0 0 0 rg BT 375.00 493.75 Td (Y) Tj ET Q q 0 0 0 rg BT 380.75 493.75 Td (ouT) Tj ET Q q 0 0 0 rg BT 397.61 493.75 Td (ube ) Tj ET Q q 0 0 0 rg BT 416.62 493.75 Td (engagement ) Tj ET Q q 0 0 0 rg BT 474.55 493.75 Td (ads ) Tj ET Q q 0 0 0 rg BT 493.00 493.75 Td (where ) Tj ET Q q 0 0 0 rg BT 522.56 493.75 Td (cost-per-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 481.75 Td (click ) Tj ET Q q 0 0 0 rg BT 71.62 481.75 Td (remains ) Tj ET Q q 0 0 0 rg BT 109.36 481.75 Td (lower ) Tj ET Q q 0 0 0 rg BT 135.43 481.75 Td (than ) Tj ET Q q 0 0 0 rg BT 157.07 481.75 Td (on ) Tj ET Q q 0 0 0 rg BT 170.37 481.75 Td (our ) Tj ET Q q 0 0 0 rg BT 186.99 481.75 Td (other ) Tj ET Q q 0 0 0 rg BT 211.96 481.75 Td (advertising ) Tj ET Q q 0 0 0 rg BT 262.50 481.75 Td (platforms. ) Tj ET Q q 0 0 0 rg BT 308.57 481.75 Td (Cost-per-click ) Tj ET Q q 0 0 0 rg BT 371.87 481.75 Td (was ) Tj ET Q q 0 0 0 rg BT 391.82 481.75 Td (also ) Tj ET Q q 0 0 0 rg BT 412.34 481.75 Td (af) Tj ET Q q 0 0 0 rg BT 420.50 481.75 Td (fected ) Tj ET Q q 0 0 0 rg BT 449.92 481.75 Td (by ) Tj ET Q q 0 0 0 rg BT 462.65 481.75 Td (changes ) Tj ET Q q 0 0 0 rg BT 502.64 481.75 Td (in ) Tj ET Q q 0 0 0 rg BT 512.59 481.75 Td (device ) Tj ET Q q 0 0 0 rg BT 543.68 481.75 Td (mix, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 469.75 Td (geographic ) Tj ET Q q 0 0 0 rg BT 102.09 469.75 Td (mix, ) Tj ET Q q 0 0 0 rg BT 123.03 469.75 Td (ongoing ) Tj ET Q q 0 0 0 rg BT 161.23 469.75 Td (product ) Tj ET Q q 0 0 0 rg BT 197.19 469.75 Td (changes, ) Tj ET Q q 0 0 0 rg BT 240.39 469.75 Td (product ) Tj ET Q q 0 0 0 rg BT 276.35 469.75 Td (mix, ) Tj ET Q q 0 0 0 rg BT 297.29 469.75 Td (property ) Tj ET Q q 0 0 0 rg BT 336.58 469.75 Td (mix, ) Tj ET Q q 0 0 0 rg BT 357.52 469.75 Td (and ) Tj ET Q q 0 0 0 rg BT 376.82 469.75 Td (fluctuations ) Tj ET Q q 0 0 0 rg BT 430.01 469.75 Td (of ) Tj ET Q q 0 0 0 rg BT 440.96 469.75 Td (the ) Tj ET Q q 0 0 0 rg BT 457.47 469.75 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 479.53 469.75 Td (dollar ) Tj ET Q q 0 0 0 rg BT 506.59 469.75 Td (compared ) Tj ET Q q 0 0 0 rg BT 553.67 469.75 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 457.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 82.79 457.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 116.15 457.75 Td (currencies.) Tj ET Q BT /F6 10.00 Tf ET q 0 0 0 rg BT 72.50 439.75 Td (Google Network Members' properties) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 421.75 Td (The ) Tj ET Q q 0 0 0 rg BT 92.32 421.75 Td (following ) Tj ET Q q 0 0 0 rg BT 133.83 421.75 Td (table ) Tj ET Q q 0 0 0 rg BT 158.10 421.75 Td (presents ) Tj ET Q q 0 0 0 rg BT 199.05 421.75 Td (changes ) Tj ET Q q 0 0 0 rg BT 239.45 421.75 Td (in ) Tj ET Q q 0 0 0 rg BT 249.83 421.75 Td (our ) Tj ET Q q 0 0 0 rg BT 266.87 421.75 Td (impressions ) Tj ET Q q 0 0 0 rg BT 322.81 421.75 Td (and ) Tj ET Q q 0 0 0 rg BT 342.09 421.75 Td (cost-per-impression ) Tj ET Q q 0 0 0 rg BT 432.49 421.75 Td (\(expressed ) Tj ET Q q 0 0 0 rg BT 484.55 421.75 Td (as ) Tj ET Q q 0 0 0 rg BT 497.70 421.75 Td (a ) Tj ET Q q 0 0 0 rg BT 505.85 421.75 Td (percentage\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 383.25 348.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 383.25 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 478.50 383.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 383.25 80.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 395.25 m 478.5 395.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 395.25 m 482.5 395.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 395.25 m 562.5 395.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 395.25 m 478.5 395.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 383.25 m 478.5 383.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 395.25 m 562.5 395.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 383.25 m 562.5 383.25 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 399.48 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 431.05 399.48 Td (Y) Tj ET Q q 0 0 0 rg BT 436.17 399.48 Td (ear Ended December 31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 386.93 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 429.10 386.93 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 513.10 386.93 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 373.47 Td (Impressions change) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.50 372.87 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.10 372.87 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.50 372.87 Td (9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.10 372.87 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 358.47 Td (Cost-per-impression change) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.95 357.87 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.10 357.87 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.50 357.87 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.10 357.87 Td (%) Tj ET Q BT /F1 9.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 335.75 Td (Impressions ) Tj ET Q q 0 0 0 rg BT 129.52 335.75 Td (increased ) Tj ET Q q 0 0 0 rg BT 175.98 335.75 Td (from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 199.09 335.75 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 221.34 335.75 Td ( ) Tj ET Q q 0 0 0 rg BT 224.45 335.75 Td (to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 235.90 335.75 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.14 335.75 Td ( primarily ) Tj ET Q q 0 0 0 rg BT 301.81 335.75 Td (due ) Tj ET Q q 0 0 0 rg BT 321.60 335.75 Td (to ) Tj ET Q q 0 0 0 rg BT 333.05 335.75 Td (growth ) Tj ET Q q 0 0 0 rg BT 366.18 335.75 Td (in ) Tj ET Q q 0 0 0 rg BT 376.45 335.75 Td (AdManager) Tj ET Q q 0 0 0 rg BT 427.60 335.75 Td (.? Tj ET Q q 0 0 0 rg BT 432.98 335.75 Td (The ) Tj ET Q q 0 0 0 rg BT 453.32 335.75 Td (cost-per-impression ) Tj ET Q q 0 0 0 rg BT 544.23 335.75 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 323.75 Td (relatively ) Tj ET Q q 0 0 0 rg BT 91.61 323.75 Td (unchanged ) Tj ET Q q 0 0 0 rg BT 143.25 323.75 Td (due ) Tj ET Q q 0 0 0 rg BT 162.08 323.75 Td (to ) Tj ET Q q 0 0 0 rg BT 172.57 323.75 Td (a ) Tj ET Q q 0 0 0 rg BT 180.28 323.75 Td (combination ) Tj ET Q q 0 0 0 rg BT 236.35 323.75 Td (of ) Tj ET Q q 0 0 0 rg BT 246.84 323.75 Td (factors ) Tj ET Q q 0 0 0 rg BT 279.00 323.75 Td (including ) Tj ET Q q 0 0 0 rg BT 320.62 323.75 Td (ongoing ) Tj ET Q q 0 0 0 rg BT 358.36 323.75 Td (product ) Tj ET Q q 0 0 0 rg BT 393.86 323.75 Td (and ) Tj ET Q q 0 0 0 rg BT 412.70 323.75 Td (policy ) Tj ET Q q 0 0 0 rg BT 440.41 323.75 Td (changes ) Tj ET Q q 0 0 0 rg BT 480.37 323.75 Td (and ) Tj ET Q q 0 0 0 rg BT 499.20 323.75 Td (improvements ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 311.75 Td (we ) Tj ET Q q 0 0 0 rg BT 66.29 311.75 Td (have ) Tj ET Q q 0 0 0 rg BT 91.48 311.75 Td (made ) Tj ET Q q 0 0 0 rg BT 119.99 311.75 Td (in ) Tj ET Q q 0 0 0 rg BT 131.28 311.75 Td (ad ) Tj ET Q q 0 0 0 rg BT 145.91 311.75 Td (formats ) Tj ET Q q 0 0 0 rg BT 182.75 311.75 Td (and ) Tj ET Q q 0 0 0 rg BT 202.94 311.75 Td (delivery) Tj ET Q q 0 0 0 rg BT 236.66 311.75 Td (, ) Tj ET Q q 0 0 0 rg BT 242.94 311.75 Td (changes ) Tj ET Q q 0 0 0 rg BT 284.25 311.75 Td (in ) Tj ET Q q 0 0 0 rg BT 295.54 311.75 Td (device ) Tj ET Q q 0 0 0 rg BT 327.95 311.75 Td (mix, ) Tj ET Q q 0 0 0 rg BT 349.78 311.75 Td (geographic ) Tj ET Q q 0 0 0 rg BT 402.77 311.75 Td (mix, ) Tj ET Q q 0 0 0 rg BT 424.60 311.75 Td (product ) Tj ET Q q 0 0 0 rg BT 461.46 311.75 Td (mix, ) Tj ET Q q 0 0 0 rg BT 483.29 311.75 Td (property ) Tj ET Q q 0 0 0 rg BT 523.48 311.75 Td (mix, ) Tj ET Q q 0 0 0 rg BT 545.32 311.75 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 299.75 Td (fluctuations ) Tj ET Q q 0 0 0 rg BT 103.36 299.75 Td (of ) Tj ET Q q 0 0 0 rg BT 114.48 299.75 Td (the ) Tj ET Q q 0 0 0 rg BT 131.16 299.75 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 153.39 299.75 Td (dollar ) Tj ET Q q 0 0 0 rg BT 180.63 299.75 Td (compared ) Tj ET Q q 0 0 0 rg BT 227.87 299.75 Td (to ) Tj ET Q q 0 0 0 rg BT 238.99 299.75 Td (certain ) Tj ET Q q 0 0 0 rg BT 271.78 299.75 Td (foreign ) Tj ET Q q 0 0 0 rg BT 305.14 299.75 Td (currencies.) Tj ET Q BT /F6 10.00 Tf ET q 0 0 0 rg BT 72.50 281.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 107.52 281.75 Td (Cloud) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 263.75 Td (The following table presents our Google Cloud revenues \(in millions\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 223.25 322.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 372.50 223.25 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.50 223.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.50 223.25 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 223.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.50 223.25 60.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 235.25 m 432.5 235.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432.5 235.25 m 436.5 235.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 235.25 m 496.5 235.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 235.25 m 500.5 235.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 235.25 m 560.5 235.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 223.25 m 432.5 223.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 223.25 m 496.5 223.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 223.25 m 560.5 223.25 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 238.93 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 417.05 238.93 Td (Y) Tj ET Q q 0 0 0 rg BT 422.17 238.93 Td (ear Ended December 31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 226.93 Td (? Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 393.10 226.93 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 457.10 226.93 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 521.10 226.93 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 213.47 Td (Google Cloud) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.00 213.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.05 213.47 Td (4,056) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.00 213.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.05 213.47 Td (5,838) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.00 213.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.05 213.47 Td (8,918) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 199.47 Td (Google Cloud revenues as a percentage of Google segment revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.15 199.47 Td (3.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.10 199.47 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.15 199.47 Td (4.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.10 199.47 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.15 199.47 Td (5.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 551.10 199.47 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 177.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 107.52 177.75 Td (Cloud ) Tj ET Q q 0 0 0 rg BT 136.43 177.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 180.35 177.75 Td (consist ) Tj ET Q q 0 0 0 rg BT 214.25 177.75 Td (primarily ) Tj ET Q q 0 0 0 rg BT 254.80 177.75 Td (of ) Tj ET Q q 0 0 0 rg BT 265.92 177.75 Td (revenues ) Tj ET Q q 0 0 0 rg BT 309.84 177.75 Td (from ) Tj ET Q q 0 0 0 rg BT 332.62 177.75 Td (Cloud ) Tj ET Q q 0 0 0 rg BT 361.52 177.75 Td (of) Tj ET Q q 0 0 0 rg BT 369.68 177.75 Td (ferings, ) Tj ET Q q 0 0 0 rg BT 405.25 177.75 Td (including) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 159.75 Td (?) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 159.75 Td (Google ) Tj ET Q q 0 0 0 rg BT 121.02 159.75 Td (Cloud ) Tj ET Q q 0 0 0 rg BT 149.93 159.75 Td (Platform ) Tj ET