Home
Add Document
Sign In
Register
Medicina Interna - Dr. Prieto
Home
Medicina Interna - Dr. Prieto
PDF del curso del Dr. Prieto ENARMDescripción completa...
Author:
Benjamín Fernández
31 downloads
442 Views
8MB Size
Report
DOWNLOAD .PDF
Recommend Documents
Medicina Interna
Descripción completa
Medicina Interna
Interna medicina
Interna medicina knjiga, Tuzla, S. Mulic i saradniciFull description
interna medicina KARDIOLOGIJA
rečnik
Medicina Interna Secretos
Descripción: medicina interna
Preguntas Medicina Interna
Preguntas medicina internaFull description
Preguntas MEDICINA INTERNA
E) MEDICINA INTERNA
Descripción: resumen UASLP
Historia CLINICA Medicina Interna
Descripción completa
Medicina Interna Secretos
Descripción: medicina interna
Compendiu Medicina Interna
...Full description
HISTORIA CLINICA Medicina Interna
Descripción completa
Examen Medicina Interna
Evaluacion La salle ENARM de Medicina Interna.Descripción completa
Medicina Interna banco
Descripción completa
interna medicina PULMOLOGIJA
rečnik
Resumen Medicina Interna-I
Descripción: Resumen Medicina Interna-I
Programa de Estudio Dr Prieto
Descripción: Se revisa el programa del curso Dr Prieto de Guadalajara
interna medicina NEFROLOGIJA
rečnikFull description
Interna Medicina Skripta
skripta za internu medicinuFull description
Glosario Resumido Medicina Interna
Glosario de medicinaDescripción completa
Modulo1 Medicina Interna
Descripción completa
Medicina Interna para Pediatras
Guía muy completa 208 páginas de medicina interna pediátrica, muy bueno.!Descrição completa
Medicina Interna para Pediatras
Guía muy completa 208 páginas de medicina interna pediátrica, muy bueno.!Descripción completa
Apuntes de Medicina Interna
Descripción completa
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70; 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+ 5#/,(*#9*5+$,$-989<$(%,*9! $,$-989<$(%,*9!)=73,0)=73,0-
!"#$%$&' $&)"*&' ?@A!BCDE@=F G EHAEA<@IBEF ?I )IH@=AH?@E@D IB IJ A?KJEF 77777777777777777777777 77777777777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777777777777 7777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777 7777777 >L =-$%#1#+$+#M/ =-$%#1#+$+#M/ '( -$ 4(*#+$*'#,#% 4(*#+$*'#,#% 77777777777777777777777777777 77777777777777777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777777777777 7777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777 7777777 >L I,#9-98.$ I,#9-98.$ '( -$ 4(*#+$*'#,#% 4(*#+$*'#,#% 777777777777777777777777777777 777777777777777777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777777777777 7777777777777777777777777777777 777777777777777777777777777 777777777777>L ?#$8/M%,#+9 ?#$8/M%,#+9 +-./#+9 +-./#+9 77777777777777777777777777777 77777777777777777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777777777777 7777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777777 7777777777 >L I%,"'#9% A";#-#$*(% A";#-#$*(% '( ?#$8/M%,#+92 ?#$8/M%,#+92 J$:9*$,9*#9 +-./#+9 N 0#+*9:#9-98.$7 0#+*9:#9-98.$7 77777777777777777777777 77777777777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 77777777777777777777 77777 >O I%,"'#9% A";#-#$*(% A";#-#$*(% '( ?#$8/M%,#+9 ?#$8/M%,#+9 '( #0$8(/ 777777777777777777777777777777 777777777777777777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777777777777 7777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777 7777777 >P Q$+,9*(% '( 0$- )*9/M%,#+9 ( #/'#+$+#M/ #/'#+$+#M/ 4$*$ R9%4#,$-#S$+#M/ R9%4#,$-#S$+#M/ 777777777777777777777 777777777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777777777777 7777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777 7777777 >P E*$,$0#(/,9 77777777777777777777777777777 77777777777777777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777777777777 7777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 77777777777777777777 77777 >T E*$,$0#(/,9
T E*$,$0#(/,9 @/V$%#V9 N W"#*X*8#+9 '( )(*#+$*'#,#% )(*#+$*'#,#% A8"'$ 7777777777777777777777777777 7777777777777777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777777777777 7777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777 7777777 >Y =904-#+$+#9/(% =904-#+$+#9/(% '( -$ )(*#+$*'#,#% )(*#+$*'#,#% A8"'$ 777777777777777777777777777777 7777777777777777777777777777777777777777777777 7777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 77777777777777777777 77777 >Y )(*#+$*'#,#% )(*#+$*'#,#% H(+"**(/,( 7777777777777777777777777777 7777777777777777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777777777777 7777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777 >Y )(*#+$*'#,#% )(*#+$*'#,#% +9/%,*#+,#V$ +9/%,*#+,#V$ 777777777777777777777777777777 777777777777777777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777777777777 7777777777777777777777777777777 777777777777777777777777777 777777777777 >Z D(8"#0#(/,9 N H(3$:#-#,$+#M/ H(3$:#-#,$+#M/ 777777777777777777777777777777 777777777777777777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777777777777 7777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777 7777777 >[ )*9/M%,#+9777777777777777777777777777777 777777777777777777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777777777777 7777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777 7777777 L\ =*#,(*#9% '( H(1(*(/+#$ N =9/,*$**(1(*(/+#$ =9/,*$**(1(*(/+#$ 77777777777777777777777777777777777777777 77777777777777777777777777777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 77777777777777777777 77777 L\ IDEHAE@Q@=A=@FB ?I QA=EFHID ?I H@ID!F =AH?@F]AD=KJAH =AH?@F]AD=KJAH 777777777777777777777777 777777777777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777777 7777777777 L> )HI]IB=@CB )H@
)HI]IB=@CB DI=KB?AH@A77777777777777777777777777777 77777777777777777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777777777777 777777777777777777777777777 777777777777 LO J$ RAD 77777777777777777777777777777 77777777777777777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777777777777 7777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777777 7777777777 LO )$*$ ?#$:(,(% <(--#,"%77777777777777777777777777777 77777777777777777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777777777777 7777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777 LO ?#%-#4#'(0#$% ?#%-#4#'(0#$%77777777777777777777777777777 77777777777777777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777777777777 7777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777 LO EA^AWK@D
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70; 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+ 5#/,(*#9*5+$,$-989<$(%,*9! $,$-989<$(%,*9!)=73,0)=73,0)*"(:$% ?#$8/M%,#+$% ?#$8/M%,#+$% 777777777777777777777777777777 777777777777777777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777777777777 7777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 77777777777777777777 77777 LY E*$,$0#(/,9 77777777777777777777777777777 77777777777777777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777777777777 7777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 77777777777777777777 77777 LZ EHAEA<@IBEF QAH
bc Lb G IJ OIH B@]IJ ?I AEIB=@CB
E*$,$0#(/,9 77777777777777777777777777777 77777777777777777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777777777777 7777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 77777777777777777777 77777 O> =9*,#+9#'(%777777777777777777777777777777 777777777777777777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777777777777 7777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 77777777777777777 77 O> AS$,#94*#/$777777777777777 AS$,#94*#/$777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777777777777 7777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 77777777777777777 77 O> @BEIHQIHFB AJQA 777777777777777777777777777777 777777777777777777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777777777777 7777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 77777777777777777777 77777 OL R@)IH@B
L
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70; 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+ 5#/,(*#9*5+$,$-989<$(%,*9! $,$-989<$(%,*9!)=73,0)=73,0=*#,(*#9% EU+/#+9
E*$,$0#(/,9 77777777777777777777777777777 77777777777777777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777777777777 7777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 77777777777777777777 77777 PP E*$,$0#(/,9 Q$*0$+9-M8#+9 Q$*0$+9-M8#+977777777777777777777777777777 77777777777777777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777777777777 7777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777 7777777 PP E*$,$0#(/,9 B9 Q$*0$+9-M8#+9 Q$*0$+9-M8#+9 777777777777777777777777777777 7777777777777777777777777777777777777777777777 7777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777 PT =*#,(*#9% '( H(1(*(/+#$ 777777777777777777777777777777 777777777777777777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777777777777 7777777777777777777777777777777 777777777777777777777777777777 77777777777777777 77 PY ]#8#-$/+#$ ]#8#-$/+#$ N D(8"#0#(/,9777777777777777777777777777777 777777777777777777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777777777777 7777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777 PY ?.$% '( @/+$4$+#'$' @/+$4$+#'$' (/ '9/'( )*9+('$ 7777777777777777777777777777 77777777777777777777777777777777777777777777 7777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 77777777777777777777 77777 Pa DF^HI)IDF G JA F^ID@?A? IhC!IBA777777777777777777777777777 7777777777777777777777777777777777777777777 7777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777Pa @/V(%,#8$* Q$+,9*(% '( H#(%89 N =909*:#-#'$' =909*:#-#'$' 77777777777777777777777777777777777777 77777777777777777777777777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 77777777777777777777 77777 T\ =-$%#1#+$+#M/ =-$%#1#+$+#M/ '(- %9:*(4(%9 N -$ 9:(%#'$' 7777777777777777777777 7777777777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777777777777 7777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777 777777777777 TO )*(V(/+#M/ )*#0$*#$ 77777777777777777777777777777 77777777777777777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777777777777 7777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777 7777777 TO @/,(*V(/+#9/(% (/ (- i0:#,9 1$0#-#$* 1$0#-#$* N (%+9-$* 77777777777777777777 77777777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777777777777 7777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 77777777777777777 77 TY )*(V(/+#M/ %(+"/'$*#$ 777777777777777777777777777777 777777777777777777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777777777777 7777777777777777777777777777777 777777777777777777777777777777 77777777777777777 77 TZ E*$,$0#(/,9 Q$*0$+9-M8#+9 Q$*0$+9-M8#+977777777777777777777777777777 77777777777777777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777777777777 7777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777 7777777 T[ =*#,(*#9% '( H(1(*(/+#$ 777777777777777777777777777777 777777777777777777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777777777777 7777777777777777777777777777777 777777777777777777777777777777 77777777777777777 77 YL A,(/+#M/ I%4(+#$-#S$'$ I%4(+#$-#S$'$ 7777777777777777777777777777 7777777777777777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777777777777 7777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777 YL
O
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70; 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+ 5#/,(*#9*5+$,$-989<$(%,*9! $,$-989<$(%,*9!)=73,0)=73,0@BQI==@CB KH@BAH@A ADF=@A?A A DFB?A ]ID@=AJ IB JA
)*"(:$% ?#$8/M%,#+$% ?#$8/M%,#+$% 77777777777777777777777777777 77777777777777777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777777777777 7777777777777777777777777777777 777777777777777777777777777777 77777777777777777 77 ZO E*$,$0#(/,9 77777777777777777777777777777 77777777777777777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777777777777 7777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 77777777777777777777 77777 ZP =*#,(*#9% '( *(1(*(/+#$ 7777777777777777777777777777 7777777777777777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777777777777 7777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 77777777777777777777 77777 ZT AHEH@E@D )DFH@_D@=A77777777777777777777777777777 77777777777777777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777777777777 7777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777777 7777777777 ZZ Q$+,9*(% '( H#(%89 77777777777777777777777777777 77777777777777777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777777777777 7777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777777 7777777777 ZZ E*$,$0#(/,9 77777777777777777777777777777 77777777777777777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777777777777 7777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 77777777777777777777 77777 ZZ A'$-#0"0$: 77777777777777777777777777777 77777777777777777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777777777777 7777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777 Za I,$/(*+(4, 777777777777777777777777777777 777777777777777777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777777777777 7777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 77777777777777777 77 Z[ @/1-#;#0$: @/1-#;#0$: 77777777777777777777777777777 77777777777777777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777777777777 7777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 77777777777777777777 77777 a\ !9-#0"0$: 77777777777777777777777777777 77777777777777777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777777777777 7777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 77777777777777777 77 a> =*#,(*#9% '( H(1(*(/+#$ 777777777777777777777777777777 777777777777777777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 777777777777777777777777777777 7777777777777777777777777777777 7777777777777777777777777777777 777777777777777777777777777777 77777777777777777 77 a>
P
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0]#8#-$/+#$ N D(8"#0#(/,9 7777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 a> BIQHF)AEeA J`)@=A IB )A=@IBEID
a AlFD ?I I?A? 7777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 aO ?#$8/M%,#+9 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 aO =JAD@Q@=A=@FB 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 aT EHAEA<@IBEF 7777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 aY E*$,$0#(/,9 Q$*0$+9-M8#+9 7777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 [> H(+"**(/+#$ '( /(1*#,#% -X4#+$ 77777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 [> H(1(*(/+#$77777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 [L =9/,*$**(1(*(/+#$ 7777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 [L H(+"4(*$+#M/ 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 [L FDEIF)FHFD@D 7777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 [O EHAEA<@IBEF 7777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 [T H(1(*(/+#$77777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 [a D(8"#0#(/,977777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 [a H(+"4(*$+#M/ 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 [a EHADEFHBF ^@)FJAH 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 [[ ?#$8/M%,#+9 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 [[ =909*:#-#'$' '(- E*$%,9*/9 ^#49-$* 77777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777>\\ =904-#+$+#9/(% '(- ,*$%,9*/9 ^#49-$*777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >\> E*$,$0#(/,9 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >\> E*$,$0#(/,9 Q$*0$+9-M8#+9 77777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >\> =#+-9% *i4#'9% 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >\L E*$,$0#(/,9 /9 Q$*0$+9-M8#+9777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >\O =*#,(*#9% '( *(1(*(/+#$ 77777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >\O H(1(*(/+#$ $- ,(*+(* /#V(- 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >\P ]#8#-$/+#$ N D(8"#0#(/,9 77777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >\P E#(049 (%,#0$'9 '( *(+"4(*$+#M/777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777>\P EHADEFHBF ?I)HID@]F777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >\T ?#$8/M%,#+9 7777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >\Y
T
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0)*"(:$% ?#$8/M%,#+$% 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >\Y E*$,$0#(/,9 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >\Y E*$,$0#(/,9 B9 Q$*0$+9-M8#+9 77777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >\Y E*$,$0#(/,9 B9 Q$*0$+9-M8#+9 77777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >\Z =*#,(*#9% '( H(1(*(/+#$ 7777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >\Z ]#8#-$/+#$ N D(8"#0#(/,9 77777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >\Z EHADEFHBFD ?I ABD@I?A? 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >\a ?#$8/M%,#+9 7777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >\[ E*$,$0#(/,9 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >>\ E*$,$0#(/,9 1$*0$+9-M8#+9 77777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >>\ E*$,$0#(/,9 /9 1$*0$+9-M8#+9 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >>> =*#,(*#9% '( H(1(*(/+#$ 7777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >>L ]#8#-$/+#$ N D(8"#0#(/,9 77777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >>O D@BKD@E@D A!K?A 7777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >>O ?@A!BCDE@=F 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >>P E*$,$0#(/,9 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >>P H(1(*(/+#$777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >>T D(8"#0#(/,9777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >>T QAH@B!FA<@!?AJ@E@D A!K?A77777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >>T ?#$8/M%,#+9 7777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >>Y )*"(:$% '#$8/M%,#+$% 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >>Y E*$,$0#(/,9 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >>Y H(1(*(/+#$ N =9/,*$*(1(*(/+#$ 77777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >>Z D(8"#0#(/,9777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >>a H(+"4(*$+#M/ 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >>a FE@E@D IhEIHBA A!K?A 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >>a ?#$8/M%,#+9 7777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >>[ E*$,$0#(/,9 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >>[ E*$,$0#(/,9 Q$*0$+9-M8#+9 77777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >L\
Y
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0]#8#-$/+#$ N D(8"#0#(/,9 77777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >L> =*#,(*#9% '( *(1(*(/+#$ 77777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >L> @/+$4$+#'$' 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >LL =IQAJIA EIBD@FBAJ G <@!HAlA IB IJ A?KJEF 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >LL ?#$8/M%,#+9 7777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >LO E*$,$0#(/,9 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >LP =*#,(*#9% '( *(1(*(/+#$ 77777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >LP IBQIH
LY Q$+,9*(% '( *#(%89777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >LY ?#$8/M%,#+9 7777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >LY E*$,$0#(/,9 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >LZ E*$,$0#(/,9 Q$*0$+9-M8#+9 77777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >LZ E*$,$0#(/,9 /9 Q$*0$+9-M8#+9777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >LZ =*#,(*#9% '( *(1(*(/+#$ 77777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >LZ !K@JJA@Bm^AHHd 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >La ?#$8/M%,#+9 7777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >La ?#$8/M%,#+9 '#1(*(/+#$- 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >L[ I%,"'#9% '( -$:9*$,9*#9777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >L[ =-$%#1#+$+#M/ 77777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >L[ E*$,$0#(/,9 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >O\ E*$,$0#(/,9 1$*0$+9-M8#+9 77777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >O\ E*$,$0#(/,9 /9 1$*0$+9-M8#+9 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >OL =*#,(*#9% '( *(1(*(/+#$ 77777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >OO ]#8#-$/+#$ N %(8"#0#(/,9 77777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >OP EK
OT ?#$8/M%,#+9 7777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >OT E*$,$0#(/,9 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >OT I,$4#1#+$+#M/ 77777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >OY =*#,(*#9% '( *(1(*(/+#$ 77777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >OZ
Z
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0]#8#-$/+#$ N %(8"#0#(/,9 77777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >Oa A?IBF=AH=@BF
O[ ?#$8/M%,#+9 7777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >O[ I%,$'#1#+$+#M/ 7777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >P\ E*$,$0#(/,9 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >P\ =*#,(*#9% '( *(1(*(/+#$ N +9/,*$**(1(*(/+#$ 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >P> ]#8#-$/+#$ N %(8"#0#(/,9 77777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >P> =_B=IH ?I =FJFB G HI=EF BF RIHI?@EAH@F7777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >PO Q$+,9*(% '( *#(%89777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >PO ?#$8/M%,#+9 7777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >PT ?#$8/C%,#+9 +-./#+9 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >PZ I%,"'#9% +904-(0(/,$*#9% 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >Pa =*#,(*#9% '( *(1(*(/+#$ N +9/,*$**(1(*(/+#$ 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >P[ =_B=IH HIBAJ 77777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >T\ Q$+,9*(% '( *#(%89777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >T\ ?#$8/M%,#+9 7777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >T> )*"(:$% '#$8/M%,#+$% 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >T> E*$,$0#(/,9 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >TL I,$4$ @^ 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >TO I,$4$ @@ G @@@ 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777>TO I,$4$ @] 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >TO H$'#9,(*$4#$ 7777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >TT =*#,(*#9% '( *(1(*(/+#$ 77777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >TY J@BQF
TZ ?#$8/M%,#+9 7777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >TZ E*$,$0#(/,9 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >Ta =*#,(*#9% '( *(1(*(/+#$ 77777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >Y> ]#8#-$/+#$ N %(8"#0#(/,9 77777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >YL ABI<@A DI=KB?AH@A A IBQIH
YL
a
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0I4#'(0#9-98.$ 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >YL ?#$8/M%,#+9 7777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >YL E*$,$0#(/,9 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >YO =*#,(*#9% '( *(1(*(/+#$ 77777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >YZ IBQIH
Ya Q$+,9*(% '( *#(%89777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >Z\ ?#$8/M%,#+9 N +-$%#1#+$+#M/ 77777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >Z> A-:"0#/"*#$m4*9,(#/"*#$ 7777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >ZL E*$,$0#(/,9 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >ZP B(1*94*9,(++#M/ 7777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >ZP A-:"0#/"*#$m4*9,(#/"*#$ 7777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >ZP =909*#-#'$'(% 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >ZT R#4(*,(/%#M/ $*,(*#$-7777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >ZT ?#%-#4#'(0#$ 77777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >ZY R#4(*8-"+(0#$ 77777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >Za H(1(*(/+#$ $- %(8"/'9 N ,(*+(* /#V(-77777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >Z[ IBQIH
a\ Q$+,9*(% '( *#(%89777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >a\ ?#$8/M%,#+9 7777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >a> )*"(:$% '#$8/M%,#+$% 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >a> E*$,$0#(/,9 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >a> E*$,$0#(/,9 1$*0$+9-M8#+9 77777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >a> E*$,$0#(/,9 '( -$% (;$+(*:$+#9/(% 77777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >aO E*$,$0#(/,9 /9 1$*0$+9-M8#+9 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >aO H(+90(/'$+#9/(% 4$*$ *(3$:#-#,$+#M/ 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >aP H(1(*(/+#$ N +9/,*$**(1(*(/+#$ 7777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >aP BIK
aT Q$+,9*(% '( *#(%89777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >aT I,#9-98.$ 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >aY
[
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0A/+#$/9 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >aY ?#$:U,#+97777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >aY A-+93M-#+9 77777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >aY K%9 '( (%,(*9#'(% 77777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >aY ?#$8/M%,#+9 7777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >aY E*$,$0#(/,9 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >a[ ]#8#-$/+#$ N %(8"#0#(/,9 77777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >[L @/+$4$+#'$' 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >[L EK^IH=KJFD@D )KJ
[O ?#$8/M%,#+9 7777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >[P E*$,$0#(/,9 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >[T RI)AE@E@D = 7777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >[Y ?#$8/M%,#+9 7777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >[Z ?#$8/M%,#+9 =-./#+9 N (V$-"$+#M/ #/#+#$- 77777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >[Z )*"(:$% '#$8/M%,#+$% 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >[a E*$,$0#(/,9 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 >[[ =*#,(*#9% '( *(1(*(/+#$ N +9/,*$**(1(*(/+#$ 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 L\O ]#8#-$/+#$ N %(8"#0#(/,9 77777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 L\O RI)AE@E@D ^ 7777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 L\T Q$+,9*(% '( *#(%89777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 L\T ?#$8/M%,#+9 7777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 L\Z E*$,$0#(/,9 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 L\a =*#,(*#9% '( H(1(*(/+#$ N =9/,*$**(1(*(/+#$ 77777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 L>L V#8#-$/+#$ N %(8"#0#(/,9777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 L>L E#(049 I%,#0$'9 '( H(+"4(*$+#M/ +"$/'9 )*9+('$ 77777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 L>O ?IB!KI 7777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 L>T DeB?HF
Y Q@I^HI E@QF@?IA 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 L>Z Q$+,9*(% '( *#(%89 N 4*(V(/+#M/ 77777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 L>Z
>\
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0?#$8/M%,#+9 7777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 L>[ ?#$8/M%,#+9 +-./#+9 7777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 L>[ )*"(:$% '( -$:9*$,9*#9 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 LL\ E*$,$0#(/,9 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 LL> =*#,(*#9% '( *(1(*(/+#$ N +9/,*$**(1(*(/+#$ 777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 LLO =*#,(*#9% '( +9/,*$**(1(*(/+#$ 7777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 LLP ]#8#-$/+#$ N %(8"#0#(/,9 77777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 LLP
>>
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0%'*#$+,')-' ="$/'9 -$ 4(*#+$*'#,#% '(:",$ +9/ •
,$49/$0#(/,9 +$*'#$+9 -$% +$"%$% 0i% 1*(+"(/,(% %9/ ,":(*+"-9%#%c /(94-$%#$% ( #/1(++#9%$m4"*"-(/,$7
#$'.&/0)$%+ 1 )*')'!$"&)+ #" ,"*$%'*#$)$0 "& "2 '#32)+
=JAD@Q@=A=@CB ?I JA )IH@=AH?@E@D •
•
•
)9* -$ $04-#$ 8$0$ '( 49%#:#-#'$'(% '( 4*(%(/,$+#M/ '( -$ 4(*#+$*'#,#%c (;#%,(/ /"0(*9%$% +-$%#1#+$+#9/(%c -$% 0i% *(1(*#'$% (/ -$ -#,(*$,"*$ %9/ '( $+"(*'9 $2 o I,#9-98.$ o Q9*0$ '( 4*(%(/,$+#M/ (+9+$*'#98*$1.$ o E#(049 '( (V9-"+#M/
?@A!BCDE@=F =JeB@=F •
?( $+"(*'9 $ -$ +-$%#1#+$+#M/ (,#9-M8#+$ -$ 4(*#+$*'#,#% %( '#V#'( (/2 o @'#94i,#+$ o @/1(++#9%$ o B(94-i%#+$ o D(+"/'$*#$ $ (/1(*0('$'(% $",9#/0"/(% o <#9+$*'#,#% o K*U0#+$ o )9%,m@/1$*,9 '(- 0#9+$*'#9 )9* %" ,#(049 '( (V9-"+#M/ %( +-$%#1#+$ (/2 o A8"'$7 <(/9* $ O 0(%(%7 o =*M/#+$2 <$N9* $ O 0(%(%
•
I/ (- (%,"'#9 #/#+#$- '( -9% (/1(*09% +9/ 4(*#+$*'#,#% -$ +-$%#1#+$+#M/ 49* %" 19*0$ '( 4*(%(/,$+#M/ (+9+$*'#98*i1#+$ (% '( 0$N9* ",#-#'$' 4$*$ (- $:9*'$k( '#$8/9%,#+9 ,(*$4U",#+9 N$ p"( 4*949*+#9/$ #/19*0$+#M/ %9:*( -$ *(4(*+"%#M/ 3(09'#/i0#+$ N '(1#/( (,*$,$0#(/,9 #/V$%#V9 9 +9/%(*V$'9*7
IE@FJF!eA ?I JA )IH@=AH?@E@D •
•
I;#%,( "/$ 8*$/ V$*#('$' '( +$"%$% '( 4(*#+$*'#,#% (/,*( -$% +$"%$% 0i% +90"/(% %( $8*"4$/ (/2 o @'#94i,#+$ o @/1(++#9%$ o B(94-i%#+$ o D(+"/'$*#$ $ (/1(*0('$'(% $",9#/0"/(% o <#9+$*'#,#% o K*U0#+$ o )9%,m @/1$*,9 '(- 0#9+$*'#9 I/ (%,"'#9% (/ '9/'( %( *(V#%$ -$ 4*(V$-(/+#$ (/ '#1(*(/,(% 49:-$+#9/(%c -$ (,#9-98.$ (% '#V(*%$7 )9* (k(04-92 o I/ 49:-$+#M/ +$"+i%#+$ -$ +$"%$ 0i% 1*(+"(/,( (% -$ #'#94i,#+$ (/ "/ 49*+(/,$k( p"( V$ Zam aYq o I/ 49:-$+#M/ $1*#+$/$ -$ +$"%$ 0i% 1*(+"(/,( (% -$ ,":(*+"-9%#% (/ (- Y[7Tq
J$% +$*$+,(*.%,#+$% +-./#+$% 0i% #049*,$/,(% '( -$ 4(*#+$*'#,#% $8"'$ %9/2 >7 ?9-9* 4*(+9*'#$L7 Q*9,( 4(*#+i*'#+9 O7 =$0:#9% (-(+,*9+$*'#98*i1#+9% %"8(%,#V9% P7 ?(**$0( 4(*#+i*'#+9
• •
J$ 4*(%(/,$+#M/ +-./#+$ '( -$ 4(*#+$*'#,#% $8"'$ (% V$*#$'$ %(8X/ -$ (,#9-98.$ '( 19/'97 A%. -9% 4$+#(/,(% +9/ (,#9-98.$ #/1(++#9%$ 4"('(/ 4*(%(/,$*%( +9/ %#8/9% N %./,90$% '( #/1(++#M/ %#%,U0#+$ ,$-(% +909 1#(:*( N -("+9+#,9%#%7 J$ '( (,#9-98.$ V#*$- (/ 4$*,#+"-$* 4"('( %(* 4*(+('#'$ '( "/ 4*9+(%9 #/1(++#9%9 '( V.$% *(%4#*$,9*#$% $-,$% 9 +9/ %./,90$% 8$%,*9#/,(%,#/$-(%7 J9% 4$+#(/,(% +9/ (/1(*0('$' $",9#/0"/( 9 4*9+(%9 /(94-i%#+9 +9/9+#'9 4"('(/ 4*(%(/,$*%( +9/ %#8/9% 9 %./,90$% (%4(+.1#+9% '(- 4*9+(%9 %":N$+(/,(7
=9/%#'(*i/'9%( %9%4(+3$ '#$8/9%,#+$ $,(/(* 49* -9 0(/9% L '( -9% P +*#,(*#9% 4*(V#9%7 •
•
•
?9-9* 4*(+9*'#$-2 I%,i 4*(%(/,( (/ 0i% '(- [Tq '( -9% +$%9%7 I- '9-9* (% ,.4#+$0(/,( $8"'9c -9+$-#S$'9 (/ -$ +$*$ $/,(*#9* '(- ,M*$;c 9+$%#9/$-0(/,( +9/ #**$'#$+#M/ $ -9% 390:*9%c %( (;$+(*:$ +9/ -$ ,9% N +9/ -$ *(%4#*$+#M/ N 0(k9*$ +9/ -$ #/+-#/$+#M/ $/,(*#9* '(- ,M*$;7 Q*9,( 4(*#+i*'#+92 I% "/ %9/#'9 %"4(*1#+#$- '( *9+(c 0(k9* (%+"+3$'9 +9/ (- '#$1*$80$ '((%,(,9%+94#9 +(*+$ '(- :9*'( (%,(*/$- #Sp"#(*'97 A4$*(+( (/ "/ O\ $ a\q '( -9% +$%9%7 I% $-,$0(/,( (%4(+.1#+9 '( 4(*#+$*'#,#%7 =$0:#9% (-(+,*9+$*'#98*i1#+9% %"8(%,#V9%2 o I%,$'#9 @2 4*(%(/,( (/ (- a\q '( -9% +$%9% f4*#0(*9% '.$% 3$%,$ L %(0$/$%g7 9 I-(V$+#M/ '#1"%$ '(- %(80(/,9 DEc (/ 0X-,#4-(% '(*#V$+#9/(% f"%"$-0(/,( +M/+$V9g +9/ >L
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-
'(4*(%#M/ '(- %(80(/,9 )H "%"$-0(/,( (/ -$% 0#%0$% '(*#V$+#9/(% N +$0:#9% *(+.4*9+9% (/ -$% '(*#V$+#9/(% $]H N ]>7 o I%,$'#9 @@2 f> $ O %(0$/$%g 9 H(%9-"+#M/ '( -$% $/9*0$-#'$'(% '()H N %(80(/,9 DE7 9 A-,(*$+#9/(% /9 (%4(+.1#+$% '( -$ 9/'$ E f'#%0#/"+#M/ 9 $4-$/$0#(/,9g7 •
•
•
•
o I%,$'#9 @@@2 f#/#+#$ $- 1#/$- '( -$ %(8"/'$ 9 ,(*+(*$ %(0$/$g 9 @/V(*%#M/ '( -$ 9/'$ E7 o I%,$'#9 @]2 f)"('( ,$*'$* 3$%,$ 0$% '( O 0(%(%g 9 B9*0$-#S$+#M/ '(- %(80(/,9 )Hc %(80(/,9 DE N 9/'$% E7 J$ (V9-"+#M/ ,.4#+$ (-(+,*9+$*'#98*i1#+$ %9-9 %( V( (/ +(*+$ '(- Y\q '( -9% +$%9%7 ?(**$0( 4(*#+i*'#+92 o )*(%(/,( (/ "/ Y\q '( -9% 4$+#(/,(% o D" $"%(/+#$ /9 (;+-"N( ('#$8/9%,#+9 o I- Tq %( 4*(%(/,$/ +9/ ,$49/$0#(/,97
(,#9-M8#+$ t'(%$0#/$%$ '( $'(/9%#/$ fA?Agc $/,#+"(*49% $/,#/"+-($*(% fABAgc %(*9-98.$ 4$*$ V#*"% '( #/0"/9'(1#+#(/+#$ 3"0$/$ f]@Rgc (,+7u7 J$% +$"%$% (%4(+.1#+$% +909 -$% /(94-$%#$%c #/1(++#M/ 49* ]@R N (/1(*0('$'(% *("0i,#+$%c +9**(%49/'(/ $ 0(/9% '(- Tq '( -9% +$%9% '( 4(*#+$*'#,#%7 •
•
•
?(%'( 3$+( 0"+39% $r9% %( *(+9/9+( -$ 4*(%(/+#$ '( %./,90$% #/(%4(+.1#+9%c +909 $%,(/#$c $'#/$0#$c $,$p"( $- (%,$'9 8(/(*$- N 1#(:*(c '#%/($c ,9% %(+$c 4$-4#,$+#M/ ?(/,*9 '(- '#$8/M%,#+9 '#1(*(/+#$- '( -$ 4(*#+$*'#,#% $8"'$c %( '(:(/ +9/%#'(*$* -$% %#8"#(/,(% +$"%$%2 o @/1$*,9 $8"'9 $- 0#9+$*'#9 o B("09/.$ +9/ 9 %#/ '(**$0( 4-("*$- o B("09/#,#% +9/ 9 %#/ '(**$0( 4-("*$- o E*90:9(0:9-#%09 4"-09/$* o @/1$*,9 )"-09/$* o =9%,9+9/'*#,#% o I/1(*0('$' 49* *(1-"k9 8$%,*9(%91$8#+9 o ?#%(++#M/ $9*,#+$ o )*9+(%9% #/,*$m$:'90#/$-(% o B("09,M*$; o R(*4(% s9%,(* f$/,(% '( -$ $4$*#+#M/ '( -$% -(%#9/(%g o I%91$8#,#%
•
•
IDEK?@FD AKh@J@AHID ?I ?@A!BCDE@=F2 JA^FHAEFH@F =JeB@=F G <@=HF^@FJF!eA7 •
?(/,*9 '( -$ (V$-"$+#M/ '#$8/9%,#+$ :i%#+$ '(:( #/+-"#*%(2 o A"%+"-,$+#M/7 o I-(+,*9+$*'#98*$0$7 o I;$0(/ %U*#+9% 8(/(*$-(%7 o )-$+$ '( H$N9% h7 o <$*+$'9*(% '( #/1-$0$+#M/ %U*#+9% tf4*9,(./$ = *($+,#V$ f)=Hg N V(-9+#'$' '( %('#0(/,$+#M/ 8-9:"-$* f]D!gu7 o <$*+$'9*(% '( -(%#M/ 0#9+i*'#+$ tf+*($,#/ 19%19+#/$%$ 1*$++#M/ <^ f=)nm<^g N ,*949/#/$ @gu7 o I+9+$*'#98*$0$ ,*$/%,9*$+#+9 fIEEg7 o )*"(:$% +904-(0(/,$*#$% 4$*$ +$"%$% (%4(+.1#+$% '( $+"(*'9 $ %9%4(+3$
•
•
J9% /#V(-(% (-(V$'9% '( ,*949/#/$ @ ,#(/(/ "/$ $-,$ +9**(-$+#M/ +9/ (- 8*$'9 '( #/1-$0$+#M/ N /(+*9%#% '( +U-"-$% 0#9+i*'#+$% (/ +$%9% '( 0#94(*#+$*'#,#% $8"'$7 B9 3$N "/$ +9**(-$+#M/ (/,*( -9% V$-9*(% (-(V$'9% '( ,*949/#/$ @ N 0$N9* #/+#'(/+#$ '( +904-#+$+#9/(% 9 +9/ 4*9/M%,#+9 $'V(*%9 (/ -9% (/1(*09% +9/ 4(*#+$*'#,#% $8"'$7 D( *(+90#(/'$ p"( "/$ V(S *($-#S$'$ -$ 4(*#+$*'#9+(/,(%#% fV(* #/'#+$+#9/(%g N %9-9 $/,( -$ %9%4(+3$ +-./#+$ '( 4(*#+$*'#,#% :$+,(*#$/$c ,":(*+"-9%$c 1X/8#+$ 9 0$-#8/$ '(:( (/V#$*%( (-.p"#'9 4(*#+i*'#+9 fJ)g $ (%,"'#9 +#,9p"#0#+9c ,#/+#9/(% (%4(+#$-(% f^AAHc !*$0 9 )$4$/#+9-$"gc +"-,#V9% N59 '(,(*0#/$+#9/(% +9/ *($++#M/ (/ +$'(/$ '( -$ 49-#0(*$%$ fH=)g 4$*$
O
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-
(%4(+#1#+#'$' '(- >\\ q (/ +$%9% '( 4(*#+$*'#,#% ,":(*+"-9%$7 •
•
I/ +$%9% '( %9%4(+3$ '( 4(*#+$*'#,#% :$+,(*#$/$ 9 4*(%(/+#$ '( -.p"#'9 4"*"-(/,9 49%,m4"/+#M/ '(:(/ (/V#$*%( $- 0(/9% ,*(% 0"(%,*$% '(- J) 4$*$ +"-,#V9% ,$/,9 (/ 0('#9% 4$*$ $(*9:#9% +909 $/$(*9:#9%c $%. +909 3(09+"-,#V9% %#0"-,i/(9%7 J$ ,#/+#M/ '( !*$0 '(- J) ,#(/( "/$ (%4(+#1#+#'$' '(- [[ q +9/ "/$ %(/%#:#-#'$' '(Oa q 4$*$ (;+-"#* 9*#8(/ :$+,(*#$/9 '( -$ 4(*#+$*'#,#% $8"'$7
+9/%(+"(/+#$ '(- (/8*9%$0#(/,9 4(*#+i*'#+9 49* #/1-$0$+#M/ +*M/#+$c $"/p"( (- >aq '( -9% +$%9% 4"('(/ ,(/(* 8*9%9* 4(*#+i*'#+9 /9*0$-7 •
•
• •
I- $/i-#%#% '( *($++#M/ (/ +$'(/$ '( -$ 49-#0(*$%$ f)=Hg 4$*$ V#*"% +$*'#9,*94#+9% 4(*0#,( '#%,#/8"#* +$"%$% V#*$-(% '( 4(*#+$*'#,#% $",9**($+,#V$7
IDEK?@FD AKh@J@AHID ?I ?@A!BCDE@=F ?I @
•
•
•
•
•
J9% 3$--$S89% *$'#98*i1#+9% (/ 4(*#+$*'#,#% $8"'$ V$*.$/ '(%'( -$ /9*0$-#'$' 3$%,$ -$ #0$8(/ '(x+9*$SM/ (/ 19*0$ '( 8$**$1$y7 I/ -$ 4*9N(++#M/ -$,(*$- '( ,M*$; +9/ "/$ $'(+"$'$ (;49%#+#M/c (- '(**$0( 4(*#+i*'#+9 (% %"8(*#'9 49* -$ 4*(%(/+#$ '( #0$8(/ '( '9:-( +9/,9*/9 '(- 4(*1#- +$*'#$+9 f3$-9 (4#+$*'#9g7
•
J$ (+9+$*'#98*$1.$ ,*$/%,9*$+#+$ (% (- (%,"'#9 '( #0$8(/ '( 4*#0(*$ (-(++#M/ (/ (/1(*0('$' 4(*#+i*'#+$ f'(**$0(c +9/%,*#++#M/ 9 ,$49/$0#(/,9g 49* %(* 1$+,#:-(c '( :$k9 +9%,9c 49*,i,#-c %(8"*9 N 4*949*+#9/$ #/19*0$+#M/ '( -$ (;#%,(/+#$ 9 /9 '( *(4(*+"%#M/ 3(09'#/i0#+$7
•
J9% 3$--$S89% (+9+$*'#98*$1#+9% ,#(/(/ "/$ $04-#$ V$*#('$' p"( $:$*+$ '(%'( -$ /9*0$-#'$' 3$%,$ (- '(**$0( 4(*#+i*'#+9 +9/ 9 %#/ ,$49/$0#(/,9 N59 *(%,*#++#M/ '(- --(/$'9 V(/,*#+"-$*7 f](* A/(;9 T7Y7 IV$-"$+#M/ '('(**$0( 4(*#+i*'#+9 49* (+9+$*'#98*$1.$ N Q#8"*$ @ N ](* A/(;9 T7Z R$--$S89% I+9+$*'#98*i1#+9% (/ )(*#+$*'#,#%g7 I- '#$8/9%,#+9 '( 4(*#+$*'#,#% +9/%,*#+,#V$ %( 4"('( *($-#S$* 49* IEE N %( 4*(%(/,$ +909
A- *($-#S$* "/ IEE (- 3$--$S89 '( +$0:#9% (/ (4$,*9/ '( --(/$'9 +9/ ?944-(* '"*$/,( -$ #/%4#*$+#M/ N (%4#*$+#M/ ,#(/( "/$ %(/%#:#-#'$' N (%4(+#1#+#'$' '(- aT $- [\q 4$*$ (- '#$8/M%,#+9 '( 4(*#+$*'#,#% +9/%,*#+,#V$7 B9 %( *(+90#(/'$ *($-#S$* %(8"#0#(/,9 0('#$/,( IEE (/ 4$+#(/,(% +9/ '(**$0( 4(*#+i*'#+9 -#8(*9 +-./#+$0(/,( (%,$:-(%7 J$ E9098*$1.$ A;#$- =904",$'$ fEA=g %#04-( N +9/,*$%,$'$c (% "/ (%,"'#9 94+#9/$-7 D( *(+90#(/'$ (/ +$%9% (/ -9% p"( %( /(+(%#,( '(1#/#* -$% +$*$+,(*.%,#+$% 09*19-M8#+$%c ((/8*9%$0#(/,9 4(*#+i*'#+9 $%. +909 4$*$ +904*9:$* (- ,$0$r9 N -$ (;,(/%#M/ '('(**$0( 4(*#+i*'#+9 %#04-( 9 +904-(k97 J$ EA= 4(*0#,( +"$/,#1#+$* -$ '(/%#'$' '('(**$0( 4(*#+i*'#+9 %"8#*#(/'9 -$ +9049%#+#M/ '(- 0#%09 fzLT K/#'$'(% R9"/%1#(-' ,*$%"'$'9c vLT K/#'$'(% R9"/%1#(-' (;"'$'9g7 D#/ (0:$*89 -$ '#1(*(/+#$+#M/ (/,*( (;"'$'9 N ,*$%"'$'9 (% '( 49+$ ",#-#'$' 4$*$ (%,$:-(+(* -$ (,#9-98.$ '( 4(*#+$*'#,#%7 J$ *(%9/$/+#$ 0$8/U,#+$ fH
QA=EFHID ?I
=*#,(*#9% '( 0$- 4*9/M%,#+9 (/ 4(*#+$*'#,#% $8"'$ 2 o Q#(:*( fvOa9=g N -("+9+#,9%#% o IV#'(/+#$ p"( %"8#(*$ ,$49/$0#(/,9 +$*'#$+9 o ?(**$0( 4(*#+i*'#+9 %(V(*9f%(4$*$+#M/ '( +$4$% 0$N9* '( L\ 00 (/ (+9+$*'#98*$1#$g o I%,$'9 '( #/0"/9'(4*(%#M/ o R#%,9*#$ '( >P
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-
,(*$4#$ $/,#+9$8"-$/,( 9*$- o )(*#+$*'#,#% %(+"/'$*#$ $ ,*$"0$,#%09 o Q$-,$ '( *(%4"(%,$ +9/ Z '.$% '( ,(*$4#$ +9/ A@BID o <#94(*#+$*'#,#%7
•
• •
•
•
I- "%9 '( 8-"+9+9*,#+9#'(% +909 ,(*$4#$ %( $%9+#$ $- '(%$**9--9 '( +904-#+$+#9/(% (/ 4(*#+$*'#,#% V#*$- ( #'#94i,#+$7 I% 0i% 1*(+"(/,( -$ 4*(%(/,$+#M/ '( +904-#+$+#9/(% (/ (- 8U/(*9 1(0(/#/9 3$%,$ (/ "/ >7YT V(+(% 0i% p"( (/ (- 0$%+"-#/9 f[Tq @= >7\a m L7TLg7 @/'#+$+#9/(% 4$*$ 39%4#,$-#S$+#M/2 D( *(+90#(/'$ 39%4#,$-#S$+#M/ $ ,9'9 4$+#(/,( p"( +"(/,( +9/ 49* -9 0(/9% "/ +*#,(*#9 '( 0$4*9/M%,#+9 fH#(%89 $-,9g7
EHAEA<@IBEF
•
•
•
•
EHAEA<@IBEF
•
•
J$ (V#'(/+#$ +-./#+$ '#%49/#:-( 4$*$ -$ ,90$ '( '(+#%#9/(% (/ (- ,*$,$0#(/,9 '( -$ 4(*#+$*'#,#% $8"'$ N *(+"**(/,( (%,i -#0#,$'$ $ 49+9% (%,"'#9% '( *(8"-$* +$-#'$' 0(,9'9-M8#+$ N +9/ 49+9% 4$+#(/,(%7 J9% 49+9% (%,"'#9% +-./#+9% p"( (%,i/ '#%49/#:-(% ",#-#S$/ *",#/$*#$0(/,( $/$-8U%#+9%c $/,##/1-$0$,9*#9% /9 (%,(*9#'(9% fA@BIg ,$/,9 (/ +9/,*9-(% +909 (/ %"k(,9% (;4(*#0(/,$-(% 49* -9 p"( /9 3$N 19*0$ '( +904$*$+#M/ 4$*$ '(1#/#* (- :(/(1#+#9 (%4(+.1#+9 '( -9% A@BI7
•
•
A 4(%$* '( -9 $/,(*#9* -9% A@BI %9/ (- 4#-$* '(,*$,$0#(/,9 (/ 4(*#+$*'#,#% $8"'$7 •
•
•
J$ %(-(++#M/ '(- A@BI %( '(:(*i :$%$* (/ *(-$+#M/ +9/ -$ 3#%,9*#$ 0U'#+$ N +909*:#-#'$'(% '(- (/1(*097 D( *(+90#(/'$ ",#-#S$* #:"4*91(/9 +909 $/,#/1-$0$,9*#9 '( 4*#0(*$ (-(++#M/c 49* ,(/(* 0(/9% (1(+,9% %(+"/'$*#9% N ,(/(* 49+$ 9 /"-$ #/1-"(/+#$ (/ (- 1-"k9 +9*9/$*#97
•
I/ 4$+#(/,( +9/ $/,(+('(/,( '( (/1(*0('$' +$*'#9V$%+"-$* %( *(+90#(/'$ $%4#*#/$ +909 1i*0$+9 '( 4*#0(*$ (-(++#M/7 D( *(+90#(/'$ $'0#/#%,*$* '9%#% $-,$% '( A@BI '( "/$ $ '9% %(0$/$% f'9%#% '( +$*8$g N +9/,#/"$* '"*$/,( O 0(%(% +9/ '9%#% '( 0$/,(/#0#(/,97 D( *(+90#(/'$ 0('#* -9% /#V(-(% '( -$ )=Hc +909 0$*+$'9* '( *(%4"(%,$ $- ,*$,$0#(/,97 @/#+#$* -$ '#%0#/"+#M/ 8*$'"$- '(- A@BIc '( "/$ $ '9% %(0$/$% '(%4"U% '( p"( -9% /#V(-(% (/ %$/8*( '( -$ )=H %( /9*0$-#+(/7 D( '(:(*i/ ",#-#S$* 1i*0$+9% 4*9,(+,9*(% '( 0"+9%$ 8i%,*#+$ $'#+#9/$- $- A@BIc 49* (- *#(%89 '( "-+(*$ 4U4,#+$ N 8$%,*#,#% %(+"/'$*#$7 B9 %( *(+90#(/'$ ",#-#S$* #/'90(,$+#/$ (/ $'"-,9% 0$N9*(% N (/ 4$+#(/,(% +9/ (/1(*0('$' $*,(*#$- +9*9/$*#$c '(:#'9 $ p"( '#%0#/"N( (- 1-"k9 +9*9/$*#97 D( *(+90#(/'$ 0$/(k9 $0:"-$,9*#9 $ 4$+#(/,(% '( :$k9 *#(%89 9 p"( /9 +"(/,(/ +9/ $-8"/9 '( -9% +*#,(*#9% '( 0$- 4*9/M%,#+9 +90(/,$'9% 4*(V#$0(/,( (/ (%,$ 8".$7 J$ +9-+3#+#/$ 91*(+( "/ $'(+"$'9 4(*1#- '( *#(%89m:(/(1#+#9 (/ (- ,*$,$0#(/,9 '( 4(*#+$*'#,#% $8"'$7 J$ (V#'(/+#$ p"( %949*,$ (- "%9 '( +9*,#+9%,(*9#'(% (/ 4(*#+$*'#,#% (% 'U:#- N %( 3$ $%9+#$'9 +9/ 0$N9* ./'#+( '( *(+"**(/+#$%c *($++#9/(% $'V(*%$% f1*$+,"*$% V(*,(:*$-(%g N 39%4#,$-#S$+#9/(% $%9+#$'$% $ -$ (/1(*0('$' (/ 4$*,#+"-$* $ '9%#% $-,$%7 I- "%9 '( +9*,#+9%,(*9#'(% (/ 4(*#+$*'#,#% $8"'$ '(:( -#0#,$*%( $ 4$+#(/,(% +9/ (/1(*0('$'(% '(- ,(k#'9 +9/(+,#V9c $",9#/0"/(%c +9/,*$#/'#+$+#M/ 9 #/,9-(*$/+#$ $ A@BI{%7 D( *(+90#(/'$ -$ 4*(V(/+#M/ '( 9%,(949*9%#% $/,( (- "%9 '( +9*,#+9%,(*9#'(% (/ 4$+#(/,(% +9/ 4(*#+$*'#,#%c %"4-(0(/,9 '( +$-+#9 >T\\ 085'.$c V#,$0#/$ ? a\\ K@ 5'.$ N :#19%19/$,9% (/ ,*$,$0#(/,9% $ -$*89 4-$S9 +9/ 4*('/#%9/$ $ >T
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-
'9%#% vT085'.$ 9 (p"#V$-(/,(% 4$*$ 4*(V(/#* (V(/,9% $'V(*%9%7
EHAEA<@IBEF @B]AD@]F G WK@H`H!@=F ?I )IH@=AH?@E@D A!K?A •
•
•
J$ 4(*#+$*'#9+(/,(%#% ,#(/( ",#-#'$' ,$/,9 '#$8/9%,#+$ +909 ,(*$4U",#+$7 @/'#+$+#9/(% '( 4(*#+$*'#9+(/,(%#%2 o )$+#(/,(% +9/ '(**$0( %#/,90i,#+9 N (V#'(/+#$ '( ,$49/$0#(/,9 +$*'#$+9 '(:(/ %(* --(V$'9% '( 19*0$ "*8(/,( $ '*(/$k( 4(*#+i*'#+97 o ="$/'9 (;#%,$ "/$ $-,$ %9%4(+3$ (,#9-M8#+$ N ('#$8/9%,#+9 /9 %( 4"('$ *($-#S$* 49* 9,*9 0('#9 f(%4(+#$-0(/,( '( 9*#8(/ /(94-i%#+9c ,":(*+"-9%9 9 4"*"-(/,9g7 o I/ '(**$0( 4(*#+i*'#+9 09'(*$'9 $ %(V(*9 %#/ +904*90#%9 3(09'#/i0#+9 N %#/ *(%4"(%,$ $- ,*$,$0#(/,9 0U'#+97 J$ 4(*#+$*'#9+(/,(%#% 8"#$'$ 49* (+9+$*'#98*$1.$ (% ,U+/#+$0(/,( 0i% %(/+#--$c 0i% %(8"*$ N 4"('( %(* *($-#S$'9 (/ -$ +$0$ '(- 4$+#(/,(7
4(*#+$*'#,#% :$+,(*#$/$ 9 ,":(*+"-9%$7 O7 I04(9*$0#(/,9 '( -$ 4(*#+$*'#,#% f$ 4(%$* '( -$ ,(*$4#$ 0('#+$g %#/ '#$8/9%,#+9 (%4(+#1#+97 •
•
•
•
•
•
•
•
I/ 4*(%(/+#$ '( 4$+#(/,(% #/(%,$:-(% +9/ ,$49/$0#(/,9 +$*'#$+9 /9 3$N +9/,*$#/'#+$+#9/(% $:%9-",$% 4$*$ -$ 4(*#+$*'#9+(/,(%#% I/ 4$+#(/,(% (%,$:-(% -$% +9/,*$#/'#+$+#9/(% %9/2 o A-,(*$+#9/(% $/$,M0#+$% '( -$ 4$*(' ,9*i+#+$ 9 %" +9/,(/#'97 o @/1(++#M/ (/ -$ 4#(+(*+$ 9 (/ (- %#,#9 '( 4"/+#M/7 o E*$%,9*/9% '( -$ +9$8"-$+#M/7 o ?(**$0( 4(*#+i*'#+9 '( -9+$-#S$+#M/ 49%,(*#9* 9 (/+$4%"-$'9%7 o ?(**$0(% $/,(*#9*(% (%+$%9% f49* *#(%89 '( 4(*19*$+#M/ V(/,*#+"-$*g7 o ?#%(++#M/ $9*,#+$ +9/ $4(*,"*$ $ 4(*#+$*'#97 J$% +904-#+$+#9/(% '( -$ 4(*#+$*'#9+(/,(%#% 4"('(/ %(*2 o )"/+#M/ +$*'#$+$ o B("09,M*$; o A**#,0#$% o E*$"0$ $:'90#/$- o J$+(*$+#M/ 9 '(%8$**9 +9*9/$*#9 o Q#%,"-$ 4(*#+$*'#9+",$/($ o @/1(++#M/ o I'(0$ $8"'9 4"-09/$* @/'#+$+#9/(% '( :#94%#$ 4(*#+$*'#+$ N 4(*#+$*'#9%+94#$2 f*($-#S$*%( (/ +(/,*9% (%4(+#$-#S$'9%g2 >7 )$*$ -#:(*$+#M/ '( ,$49/$0#(/,9 +$*'#$+97 L7 D9%4(+3$ '(
J$ 4(*#+$*'#(+,90#$ 4$*$ -$ 4(*#+$*'#,#% +9/%,*#+,#V$ ,#(/( "/$ 09*,$-#'$' '(- Ym>Lq7 I/ +$%9 '( +9/%,*#++#M/ (/ 4(*#+$*'#,#% ,":(*+"-9%$ %( *(+90#(/'$ 4(*#+$*'#(+,90#$ ,(04*$/$ (/ ,9'9% -9% +$%9%7 J$ V(/,$/$ 4(*#+i*'#+$ (% "/$ 94+#M/ 0(/9% #/V$%#V$c p"( %( *(+90#(/'$ *($-#S$* (/ '(**$0(% *(+"**(/,(% '( (,#9-98.$ /(94-i%#+$7 J$ V(/,$/$ 4(*#+i*'#+$ 49* $:9*'$k( +9/ :$-M/ (/ %$-$ '( 3(09'#/$0#$ %( $%9+#$ $ 0(/9* 09*:#-#'$' (/ *(-$+#M/ $- $:9*'$k( p"#*X*8#+97
=F<)J@=A=@FBID ?I JA )IH@=AH?@E@D A!K?A •
•
J$ 4(*#+$*'#(+,90#$ (% (- X/#+9 ,*$,$0#(/,9 (/ +$%9 '( +9/%,*#++#M/ 4(*0$/(/,( '(- 4(*#+$*'#97
=904-#+$+#9/(% '( -$ )(*#+$*'#,#% $8"'$7 >7 )(*#+$*'#,#% *(+"**(/,(7 L7 ?(**$0( 4(*#+i*'#+9 N ,$49/$0#(/,9 +$*'#$+97 O7 )(*#+$*'#,#% +9/%,*#+,#V$7
)IH@=AH?@E@D HI=KHHIBEI
•
D( +$*$+,(*#S$ 49* -$ *(+"**(/+#$ '( -9% %#8/9% N %./,90$% '( 4(*#+$*'#,#% $8"'$ f'9-9* 4*(+9*'#$-c 1*9,( 4(*#+i*'#+9c (-(V$+#M/ +M/+$V9 '(- DE N '(**$0( 4(*#+i*'#+9g7 D( (%,#0$ p"( $4$*(+( (/,*( (- >TmO\q '( -9% 4$+#(/,(% N (/ %" 0$N9* 4*949*+#M/ (/ -9% /9 ,*$,$'9% +9/ +9-+3#+#/$ (/ -$ 1$%( #/#+#$-7
=JAD@Q@=A=@CB ?I JA )IH@=AH?@E@D HI=KHHIBEI )(*#+$*'#,#% #/+(%$/,(2 =$*$+,(*#S$'$ 49* #/,(*V$-9% -#:*(% '( %./,90$% %#/ ,(*$4#$w $4$*(+( +9/ "/ #/,(*V$-9 0(/9* '( Y %(0$/$% '(%'( (- :*9,( #/#+#$-7 )(*#+$*'#,#% #/,(*0#,(/,(2 =$*$+,(*#S$'$ 49* *(+$.'$ $- '(%+9/,#/"$* A@BIw $4$*(+( +9/ "/ #/,(*V$-9 0$N9* '( Y %(0$/$% '(%'( (- :*9,( •
•
>Y
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-
#/#+#$-7 K%"$-0(/,( -$ *(+"**(/+#$ %( 4*(%(/,$ '(/,*9 '( -9% 4*#0(*9% >a 0(%(%7
IE@FJF!eA <_D QHI=KIBEI ?I )IH@=AH?@E@D HI=KHHIBEI @'#94i,#+$ 9 V#*$- 49* V$*#9% 0(+$/#%09% f#/1(++#M/ +*M/#+$c *(#/1(++#M/c /"(V$ #/1(++#M/ V#*$-g7 )9%,m #/1$*,9c ,*$% +#*"8.$ +$*'#$+$ N %(+"/'$*#$ $ -"4"% (*#,(0$,9%9 %#%,U0#+9 N 9,*$% 4$,9-98.$% $",9#/0"/(%7
•
•
•
)HI?@=EFHID ?I HI=KHHIB=@A )9:*( *(%4"(%,$ $ $%4#*#/$ " 9,*9% A@BI f4(*%#%,(/+#$ '( 1#(:*(c /"(V9 '(**$0( 4(*#+i*'#+9c 9 (04(9*$0#(/,9 '(- (%,$'9 1.%#+9 '(%4"U% '( Z '.$%g (/ (- 4*#0(* (V(/,9 '( 4(*#+$*'#,#%7 K%9 '( 8-"+9+9*,#+9#'(% (/ (V(/,9 #/#+#$- '( 4(*#+$*'#,#% f$"0(/,$/ (- *#(%89 '( *(+"**(/+#$ (/ P7O V(+(% 0i% p"( (/ -9% 4$+#(/,(% p"( /9 ",#-#S$/ (%,(*9#'(%g7 I/ 4$+#(/,(% +9/ "/$ (/1(*0('$' '( :$%( p"( ",#-#S$/ 8-"+9+9*,#+9#'(% f$"0(/,$/ (- *#(%89 (/ L7a[ V(+(% 0i% p"( (/ -9% p"( /9 ",#-#S$/ 4*(V#$0(/,(g7
•
•
•
•
•
•
EHAEA<@IBEF ?I HI=KHHIB=@AD A%4#*#/$ " 9,*9 A@BI $%9+#$'9% $ +9-+3#+#/$2 =9-+3#+#/$ \7Y 08 "/$ 9 '9% V(+(% $- '.$ 49* Y 0(%(%7 J$% '9%#% :$k$% '( +9-+3#+#/$ f>7L 08 '9%#% #/#+#$- %(8"#'9% '( \7Y 085'.$g '(:( '$*%( (/ 4$+#(/,(% 0(/9*(% '( Z\ |8 9 p"( /9 ,9-(*$/ $-,$% '9%#%7 =9-+3#+#/$ '(:( '$*%( (/ '9% '9%#% '#$*#$% 4$*$ 0(k9*$* -$ ,9-(*$/+#$ N +"04-#0#(/,9 '(- 4$+#(/,(7
I/ -9% p"( *(p"#(*$/ '( %" "%9 -$% '9%#% %9/2 o )*('/#%9/$ $ '9%#% :$k$% $ 09'(*$'$ f\7L $ \7T085|85'.$g7 J$ *('"++#M/ -(/,$ (% '( V#,$#049*,$/+#$ *(+90(/'i/'9%( (- %#8"#(/,(%2 9 ?9%#% '#$*#$ '( vT\ 08 m *('"+#* >\ 085'.$ +$'$ "/$ $ '9% %(0$/$%7 9 ?9%#% '#$*#$ '( LTmT\ 08 m *('"+#* T $ >\ 085'.$ +$'$ "/$ $ '9% %(0$/$% 9 ?9%#% '#$*#$ '( >TmLT 08 m *('"+#* L7T 085 '.$ +$'$ "/$ $ '9% %(0$/$% 9 ?9%#% '#$*#$ '( z>T 08 m *('"+#* >7LT $ L7T 085'.$ +$'$ "/$ $ '9% %(0$/$%7 J$ '#%0#/"+#M/ '( -$ '9%#% '( 4*('/#%9/$ '(:(*i *($-#S$*%( %9-9 (/ +$%9 '( p"( (4$+#(/,(% (%,( $%#/,90i,#+9 N -$ 4*9,(./$ = *($+,#V$ %($ /9*0$-c 4$*,#+"-$*0(/,( 4$*$ '9%#% 0(/9*(% '( LT 085'.$7 I%,(*9#'(% #/,*$+$*'#$+92 J$ 8".$ I"*94($ 4$*$ (- '#$8/M%,#+9 N ,*$,$0#(/,9 '( -$% (/1(*0('$'(% '(- 4(*#+$*'#9 (/ L\\P +9/+-"N9 p"( (- 4(%9 '( -$ (V#'(/+#$ " 94#/#M/ (%,i $ 1$V9* '( -$ ",#-#'$' 9 (1#+$+#$ '( -$ ,(*$4#$7 D#/ (0:$*89 -$% +$*$+,(*.%,#+$% ,U+/#+$% '(4*9+('#0#(/,9 /9 (%,i/ '#%49/#:-(% '( 19*0$ %(/+#--$ (/ -9% I%,$'9% K/#'9% N %( *($-#S$ (/ -$ $+,"$-#'$' %9-9 (/ 49+9% +(/,*9% (%4(+#$-#S$'9% '( I"*94$7 F,*$% ,(*$4#$% #/0"/9%"4*(%9*$%2 I/ 4$+#(/,(% p"( /9 ,9-(*$/ 4*('/#%9/$ 9 (/ -9% p"( /9 *(%49/'(/ '( 19*0$ $'(+"$'$ %( *(+90#(/'$2 AS$,#94*#/$ ZT $ >\\ 085'.$7
•
•
!-"+9+9*,#+9#'(%2 (/ 8(/(*$- '(:(/ %(* (V#,$'9% 49* (- *#(%89 '( (1(+,9% $'V(*%9% N $-,9 *#(%89 '( 1","*$% *(+"**(/+#$%7 ?(:(/ %(* +9/%#'(*$'9% (/ 4$+#(/,(% +9/ 1$--$ $- "%9 '( +9-+3#+#/$ N A@BIc (/ $p"(--9% +9/ (/1(*0('$' *("0$,9-M8#+$ '(1#/#,#V$c (/ -9% p"( ,(/8$/ (,#9-98.$ $",9#/0"/(c #/,9-(*$/+#$ 9 +9/,*$#/'#+$+#M/ $ $%4#*#/$ 9 A@BI f(k7 (0:$*$S9g7
•
•
I/ 4(*#+$*'#,#% *(+"**(/,( %( *(+90#(/'$ +909 4*#0(*$ (-(++#M/ 4*(%+*#:#* (- A@BI p"( 1"( ",#-#S$'9 (/ (- 4*#0(* (V(/,9 '( 4(*#+$*'#,#% %# (% p"( (%,( ,"V9 "/ :"(/ *(%"-,$'97 @/'#+$+#M/ '( 4(*#+$*'#(+,90#$ (/ 4(*#+$*'#,#% *(+"**(/,(2 o H(+"**(/+#$% 1*(+"(/,(% N %#/,90i,#+$% *(%#%,(/,(% $- 0$/(k9 0('#+97
)IH@=AH?@E@D =FBDEH@=E@]A •
J$ 4(*#+$*'#,#% +9/%,*#+,#V$ f0$- --$0$'$ N$ p"( (/ *($-#'$' N$ /9 (;#%,( #/1-$0$+#M/c %#/9 p"( -$ +9/%,*#++#M/ (% +9/%(+"(/+#$ '( (--$g (% "/ %./'*90( +$*$+,(*#S$'9 49* -$ (;#%,(/+#$ '( "/ 4(*#+$*'#9 (/8*9%$'9c *.8#'9c N (/ 9+$%#9/(% >Z
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-
+$-+#1#+$'9c p"( 4*9'"+( '#1#+"-,$' (/ (- --(/$'9 '( ,9'$% -$% +i0$*$% +$*'#$+$%7 •
)9* %" (V9-"+#M/ ,.4#+$0(/,( (% +*M/#+$c 4(*9 (/ %"% V$*#$/,(% #/+-"N(/ %":$8"'$c ,*$/%#,9*#$ N +9/%,*#++#M/ 9+"-,$7 o <(/9% '(- >q '( -$% 4(*#+$*'#,#% $8"'$% V#*$-(% (V9-"+#9/$/ $ -$ 19*0$ +9/%,*#+,#V$c 0#(/,*$% p"( (/ -$ 4(*#+$*'#,#% ,":(*+"-9%$ N 4"*"-(/,$ 3$%,$ (/ "/ P\q7
)HIDIBEA=@CB =JeB@=A7 E.4#+$0(/,( %( 4*(%(/,$ +9/ "/$ 9 -$% '9% %#8"#(/,(% +$*$+,(*.%,#+$% +-./#+$%2 >7 D./,90$% '( #/%"1#+#(/+#$ +$*'#$+$ *(-$+#9/$'9% $ +9/8(%,#M/ '( +$V#'$'(% '(*(+3$c V$*#$/'9 '(%'( (- ('(0$ 4(*#1U*#+9 3$%,$ -$ $/$%$*+$7 L7 D./,90$% *(-$+#9/$'9% $ -$ '#%0#/"+#M/ '(8$%,9 +$*'#$+9 (/ *(%4"(%,$ $ -$ $+,#V#'$' 1.%#+$c ,$-(% +909 1$,#8$ N '#%/($7 •
•
D#8/9% N %./,90$% '( 4(*#+$*'#,#% +9/%,*#+,#V$7 >7 J$ (-(V$+#M/ '( -$ 4*(%#M/ V(/9%$ N"8"-$* (/ (- (;$0(/ 1.%#+9 (% (- %#8/9 0i% 1*(+"(/,(7 L7 F,*9% %#8/9% #049*,$/,(% 4(*9 0(/9% +90"/(% %9/2 9 )"-%9 4$*$'Mk#+9 (% ('(%+(/%9 '( -$ 4*(%#M/ $*,(*#$- 0$N9* '( >\ 00R8 '"*$/,( -$ #/%4#*$+#M/c (%,i 4*(%(/,( (/ 0(/9% '(- L\q '( -9% 4$+#(/,(%7 I% 0i% +90X/ (/ 4$+#(/,(% +9/ '(**$0(c ,$49/$0#(/,9 9 (/1(*0('$' 4"-09/$* +9(;#%,(/,(7 9 D#8/9 '( n"%%0$"- (% -$ $"%(/+#$ '('(%+(/%9 #/%4#*$,9*#9 '( -$ 4*(%#M/ V(/9%$ N"8"-$*c (%,i 4*(%(/,( (/ "/ >O $ L>q '( -9% 4$+#(/,(%c $"/p"( /9 '#%,#/8"( '( (/1(*0('$' V$-V"-$* ,*#+"%4#'($ %(V(*$c 9 1$--$ +$*'#$+$ '(*(+3$7 9 xn/9+|y 4(*#+i*'#+9 (% (*"#'9 +$*'#$+9 $+(/,"$'9 p"( 9+"**( "/ 49+9 $/,(% p"( "/ DO N p"( 4"('( %(* $"'#:-( N *$*$0(/,( 4$-4$:-(c (%,i 4*(%(/,( 3$%,$ (/ PZq '( -9% +$%9%7 9 I'(0$c $%+#,#%c +$p"(;#$ +$*'#$+$ N 3(4$,90(8$-#$ 4"-%i,#- f+909 4$*,( '(%./'*90( '( 3(4$,94$,.$ +9/8(%,#V$gc N (- '(**$0( 4-("*$- %9/ 3$--$S89% +90"/(% (/ 4(*#+$*'#,#% +9/%,*#+,#V$% 0i% %(V(*$%7
RAJJAs!FD ?I HIJI]AB=@A IB IDEK?@FD ?I @
B9 3$N 3$--$S89% 4$,98/90M/#+9%7 D( 9:%(*V$/ +$0:#9% #/(%4(+.1#+9% '(- DE N 9/'$ Ec ,$p"#+$*'#$ N :$k9 V9-,$k( 4"('(/ (%,$* 4*(%(/,(%7
HA?@F!HAQeA ?I ECHAh •
•
D( 4"('( 9:%(*V$* +$-+#1#+$+#M/ 4(*#+$*'#+$ f$/#--9 '( +$-+#1#+$+#M/ $-*('('9* '(- +9*$SM/c 0(k9* V#%,9 (/ 4*9N(++#9/(% -$,(*$-(% N 9:-#+"$%gc -$ +"$- (/ +9/k"/,9 +9/ 4*(%(/,$+#M/ +-./#+$ +$*$+,(*.%,#+$c (% $-,$0(/,( (%4(+#1#+$ '( 4(*#+$*'#,#% +9/%,*#+,#V$7 D#/ (0:$*89 -$ 0$N9*.$ /9 0"(%,*$/ +$-+#1#+$+#M/ +$*'#$+$ 49* -9 p"( %" $"%(/+#$ /9 (;+-"N( (- '#$8/9%,#+97 =904$*$/'9 $ -9% 4$+#(/,(% p"( ,#(/( +$-+#1#+$+#M/ 4(*#+i*'#+$ (/ -$ *$'#98*$1.$ +9/ -9% p"( /9c %( (V#'(/+#$ -9 %#8"#(/,(2 >7 <$N9* 49%#:#-#'$' '( p"( %($ (,#9-98.$ #'#94i,#+$ fYZ V% L>qg7 L7 <$N9* '"*$+#M/ '( -9% %./,90$%7 O7 <$N9* 4*9:$:#-#'$' '( ,(/(* x|/9+|y 4(*#+i*'#+9c 3#4(*,*91#$ $"*#+"-$*c N59 $**#,0#$% $"*#+"-$*(%7 P7 <$N9* 09*,$-#'$' 4(*#94(*$,9*#$c 4(*9 -$ 0#%0$ %9:*(V#'$7
EF
•
J9% 3$--$S89% ,9098*$1#+9% '( 4(*#+$*'#,#% +9/%,*#+,#V$ #/+-"N(/2 >7 I/8*9%$0#(/,9 4(*#+i*'#+9 vP00 ZLq L7 =$-+#1#+$+#M/ 4(*#+$*'#+$ LTq O7 ?#-$,$+#M/ '( -$ V(/$ +$V$ #/1(*#9* P7 ?(19*0$+#M/ '(- +9/,9*/9 V(/,*#+"-$* T7 A/8"-$+#M/ '(- %(4,"0 #/,(*V(/,*#+"-$* ="$/'9 /9 %( V#%"$-#S$ -$ 4$*(' 49%,(*9-$,(*$0('#$/,( EA= '#/i0#+$ %"8#(*( 4*(%(/+#$ '( 1#:*9%#% 0#9+i*'#+$ 9 $,*91#$ N %( $%9+#$ +9/ "/ 49:*( 4*9/M%,#+9 p"#*X*8#+97 >a
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0•
D( *(+90#(/'$ p"( '"*$/,( (- *$%,*(9 ,9098*$1#+9 %( (V$-"( (;,(/%#M/ '( '$r9 4"-09/$* (/ 4$+#(/,(% %90(,#'9% $ *$'#$+#M/c -9+$-#S$+#M/ N (;,(/%#M/ '( -$ +$-+#1#+$+#M/ 4(*#+$*'#+$ N 4"/,$k( f%+9*(g '( +$-+#97
•
HIDFBAB=@A
J$ H< (% %"4(*#9* $ -$ ,9098*$1.$ 4$*$ '#1(*(/+#$* 4(p"(r$% +$/,#'$'(% '( '(**$0( '(- (/8*9%$0#(/,9 4(*#+i*'#+9c $%. +909 4$*$ #'(/,#1#+$* #/1-$0$+#M/ N $'3(*(/+#$% 0#9+$*'#9(4#+$*'#+$%7
•
=AEIEIH@D
J9% 4*#/+#4$-(% 3$--$S89% 49* +$,(,(*#%09 +$*'#$+9 #/+-"N(/2 >7 @/+*(0(/,9 '( -$ 4*(%#M/ $,*#$- '(*(+3$ f3$%,$ L>00R8g7 L7 ?(%+(/%9 x;y N xNy 4*90#/(/,(% (/ -9% ,*$S9% '( 4*(%#M/ $"*#+"-$*7 O7 ?"*$/,( -$ #/%4#*$+#M/ -$ 4*(%#M/ V(/9%$ +(/,*$- /9 '#%0#/"N( 9 #/+-"%9 $"0(/,$ f%#8/9 '( n"%%0$"--g7 P7 A"0(/,9 '( -$ 4*(%#M/ ,(-('#$%,9-#+$ '(- V(/,*.+"-9 '(*(+397 T7 D#8/9 '( -$ *$.S +"$'*$'$ (/ (- ZZq '( -9% +$%9%c (/ -$% +"*V$% '( 4*(%#M/ V(/,*#+"-$* f'#4m)-$,($"g p"( *(1-(k$ "/$ 1$%( '( --(/$'9 *i4#'9 0"N ,(04*$/$ %(8"#'$ '( "/$ 1$-,$ '( --(/$'9 49* *#8#'(S V(/,*#+"-$* '"*$/,( -$ 0(%9 N ,(-('#$%,9-(7 Y7 =$.'$ '( -$ 4*(%#M/ +$4#-$* (/ +"/$ (/ +904$*$+#M/ $ -$ 4*(%#M/ ,(-('#$%,9-#+$ '(- V(/,*.+"-9 #Sp"#(*'9 '"*$/,( -$ #/%4#*$+#M/7 Z7 ]$*#$+#M/ +9/ -$ *(%4#*$+#M/ '( -$ *(-$+#M/ '( 4*(%#M/ (/,*( V(/,*.+"-9 '(*(+39 ( #Sp"#(*'9 (/ (- PPq '( -9% +$%9%7 o ?"*$/,( -$ 09/#,9*#S$+#M/ 3(09'#/i0#+$ #/V$%#V$ %( #8"$-$/ -$% 4*(%#9/(% '#$%,M-#+$% '( $0:9% V(/,*.+"-9% '(:#'9 $- 4(*#+$*'#9 *.8#'9 N /9 +904-$+#(/,(c (/ (- a>q '( -9% +$%9%7
EHAEA<@IBEF ?I )IH@=AH?@E@D =FBDEH@=E@]A7
•
)$+#(/,(% +9/ '#$8/9%,#+9 *(+#(/,( '( 4(*#+$*'#,#% +9/%,*#+,#V$ N ,(*09'#/i0#+$0(/,( (%,$:-( N %#/ (V#'(/+#$ '( +9/%,*#++#M/ +*M/#+$ f(k2 %#/ (V#'(/+#$ '( +$p"(;#$c 4U*'#'$ '( 4(%9c *('"++#M/ '(- 8$%,9 +$*'#$+9 (/ *(49%9 9 3#49$-:"0#/(0#$ '(:#'9 $ (/,(*94$,.$ 4(*'('9*$ '( 4*9,(./$% N59 #/%"1#+#(/+#$ 3(4i,#+$ +*M/#+$g %( *(+90#(/'$ 0$/(k9 +9/%(*V$'9*7 )(*#+$*'#,#% +*M/#+$ %#/,90i,#+$2 J$ )(*#+$*'#(+,90#$ (% -$ X/#+$ 94+#M/ '(1#/#,#V$ '( ,*$,$0#(/,9 4$*$ 4$+#(/,(% +9/ 4(*#+$*'#,#% +*M/#+$ %#/,90i,#+$7 J$ ,(*$4#$ 0U'#+$ 4"('( %(* ",#-#S$'$ '( 19*0$ ,(049*$- 9 (/ 4$+#(/,(% p"( /9 %9/ +$/'#'$,9%7 J$ 09*,$-#'$' p"#*X*8#+$ (% $-,$c #/+-"%9 (/ +(/,*9% (;4(*#0(/,$'9% fv Yqg7
DI!K@<@IBEF G HIRA^@J@EA=@CB •
•
•
•
D( *(+90#(/'$ (- %(8"#0#(/,9 +-./#+9 +$'$ Z m>\ '.$% 4$*$ -9% +$%9% '( 4(*#+$*'#,#% $8"'$ /9 +904-#+$'9% 4$*$ (V$-"$* -$ *(%4"(%,$ +-./#+$ $,*$,$0#(/,9c 0#%09 p"( '(:(*i %9%,(/(*%( 3$%,$ -$ *(0#%#M/ +904-(,$ '( -$ %#/,90$,9-98.$ N -$ /9*0$-#S$+#M/ '( -$ +"(/,$ -("+9+#,$*#$ N )=H7 D( *(+90#(/'$ -$ '(,(*0#/$+#M/ $ -9% O\ '.$% '( #/#+#9 '(- ,*$,$0#(/,9 /#V(-(% '( -("+9+#,9% N )=H 4$*$ '(1#/#* *(%4"(%,$ $- ,*$,$0#(/,9 1$*0$+9-M8#+97 )9%,(*#9*0(/,( %9-9 %9-#+#,$*-9% %# 3$N *(+"**(/+#$ '( D#/,90$,9-98.$7 J9% 4$+#(/,(% +9/ 4*(%(/+#$ '( +*#,(*#9% '( 49:*( 4*9/9%,#+9 9 $-,9 *#(%89 *(p"#(*(/ %(8"#0#(/,9 +$'$ Z '.$% +9/ '(,(*0#/$+#M/ '( 0$*+$'9*(% '( #/1-$0$+#M/ f)=Hc ]D!g N +"(/,$ -("+9+#,$*#$c 0#(/,*$% (%,9% %( (/+"(/,*(/ (-(V$'9%c $%. +909 (%,"'#9 (+9+$*'#98*$1#+9 (/ +$%9 '( (V9-"+#M/ '(%1$V9*$:-(7 D( *(+90#(/'$ -$ *($-#S$+#M/ '( (+9+$*'#98*$0$ +9/ (%,"'#9 (/ (%4(+#$- $ -$ 1"/+#M/ V(/,*#+"-$*c 09V#-#'$' 4$*#(,$- N '#0(/%#9/(% V(/,*#+"-$*(% $- 0(%c Y 0(%(% N >L 0(%(% (/ -9% +$%9% '( 0#94(*#+$*'#,#%c 4(*#+$*'#,#% *(+"**(/,( N 4(*#+$*'#,#% +904-#+$'$7 >[
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0•
•
•
D( *(+90#(/'$ #/#+#$* "/ 4*98*$0$ #/0('#$,9 '( *(3$:#-#,$+#M/ +$*'#$+$ (/ (/1(*09% p"( $'(0i% '( -$ 4(*#+$*'#,#% $8"'$ +"*%(/ +9/2 >7 D./'*90( +9*9/$*#9 $8"'9 L7 )9%, 94(*$'9% '( +#*"8.$ '( *(V$%+"-$*#S$+#M/ 0#9+i*'#+$ O7 @/,(*V(/+#M/ 4(*+",i/($ +9*9/$*#$ P7 A/8#/$ (%,$:-( T7 H((04-$S9 9 *(4$*$+#M/ V$-V"-$*7 I/ 4$+#(/,(% +9/ 0#94(*#+$*'#,#% 9 4(*#+$*'#,#% *(+"**(/,( %( *(+90#(/'$ -$ *(%,*#++#M/ '( $+,#V#'$' 1.%#+$ 49* P } Y %(0$/$% ( #/#+#$* 4*98*$0$ '( *(3$:#-#,$+#M/ +$*'#$+$ %9-9 %# ((/1(*09 (%,$ $%#/,90i,#+9 N +9/ /9*0$-#S$+#M/ '(- I=!c 0$*+$'9*(% '( #/1-$0$+#M/ N (+9+$*'#98*$0$7
=H@EIH@FD ?I HIQIHIB=@A G =FBEHAHHIQIHIB=@A •
•
I/ (- 49%,p"#*X*8#+9 #/0('#$,9 '( 4(*#+$*'#(+,90#$ %( *(+90#(/'$ -$ *($-#S$+#M/ '( #/%4#*90(,*#$ #/+(/,#V$ +909 0('#'$ #/#+#$'( *(3$:#-#,$+#M/ +$*'#$+$ ( #/+9*49*$+#M/ ,(04*$/$ $ 4*98*$0$ '( (k(*+#+#9 -#8(*97 •
)HFBCDE@=F •
•
•
•
•
J$ 4(*#+$*'#,#% $8"'$ V#*$- 9 #'#94i,#+$ ,.4#+$0(/,( ,#(/( "/ +"*%9 :*(V( N 4*9/9%,#+9 :(/#8/9 '(%4"U% '(- ,*$,$0#(/,9 +9/ 1i*0$+9% $/,##/1-$0$,9*#9%7 J9% 4$+#(/,(% p"#(/(% /9 *(%49/'(/ $,*$,$0#(/,9 #/#+#$- +9/ $%4#*#/$ ,#(/(/ 0$N9* *#(%89 '( 4*(%(/,$* +904-#+$+#9/(% J$ 09*,$-#'$' (/ -9% 4$+#(/,(% +9/ 4(*#+$*'#,#% :$+,(*#$/$ p"( /9 *(+#:(/ ,*$,$0#(/,9 (% '(P\q '(:#'9 $ ,$49/$0#(/,9 +$*'#$+9c %(4%#% N +9/%,*#++#M/7
•
•
E9'9 4$+#(/,( +9/ '9-9* ,9*i+#+9 N +9/ %9%4(+3$ '( 4(*#+$*'#,#% (/ 4*#0(* /#V(- '( $,(/+#M/ '(:(*i %(* *(1(*#'9 $ 39%4#,$- '( %(8"/'9 /#V(- 4$*$ %" V$-9*$+#M/ N $,(/+#M/ 949*,"/$7 J9% 4$+#(/,(% +9/ 4(*#+$*'#,#% %#/ *(%4"(%,$ $,*$,$0#(/,9 #/#+#$- +9/ A@BI{% ~5m +9-+3#+#/$ 9 +9/ +904-#+$+#9/(% '( 4(*#+$*'#,#% f+9/%,*#+,#V$c '(**$0( 4(*#+i*'#+9 4(*%#%,(/,( 9 ,$49/$0#(/,9 +$*'#$+9gc '(:(*i/ *(1(*#*%( $ 39%4#,$- '( ,(*+(* /#V(- 4$*$ +904-(0(/,$+#M/ '#$8/9%,#+$ N ,*$,$0#(/,9 '(1#/#,#V97 I,$49/$0#(/,9 +$*'#$+9 49* ,*$,$*%( '( "/$ "*8(/+#$ p"( 49/( (/ 4(-#8*9 -$ V#'$ '(:(*i $,(/'(*%( (/ (- 39%4#,$- '9/'( %( '(,(+,( N %( ,(/8$ (- 4(*%9/$- $'#(%,*$'9 4$*$ *($-#S$* "/$ 4(*#+$*'#9+(/,(%#%7 D( *(+90#(/'$ (/V#$* '(- O(* $- L9 /#V(- '( $,(/+#M/ "/$ V(S +9/+-"#'9 %$,#%1$+,9*#$0(/,( (- ,*$,$0#(/,9 1$*0$+9-M8#+9 N59 p"#*X*8#+9 '( -$% +904-#+$+#9/(% '( -$ 4(*#+$*'#,#%7 D( *(+90#(/'$ +9/,*$**(1(*#* '(- O(* /#V(- 9 '(L9 /#V(- '( $,(/+#M/ %(8X/ %($ (- +$%9c $- >(* /#V(- '( $,(/+#M/ $ ,9'9 4$+#(/,( $%#/,90i,#+9c +9/ +"(/,$ -("+9+#,$*#$c )=H /9*0$-7 D( *(+90#(/'$ *($-#S$* "/ (+9+$*'#98*$0$ '( +9/,*9- $ ,9'9% -9% 4$+#(/,(% +9/ '#$8/M%,#+9 '( 4(*#+$*'#,#% *(+"**(/,( 9 0#94(*#+$*'#,#% $- 0(%c $ -9% Y N >L 0(%(%7 )9* -9 p"( (- 0('#+9 '( 4*#0(* /#V(- *(1(*#*i $- 4$+#(/,( $ -$ "/#'$' '( *(1(*(/+#$ +9**(%49/'#(/,(7
I/ 4$+#(/,(% p"( 4*(%(/,$/ '(**$0( 4(*#+i*'#+9 %(V(*9 $%#/,90i,#+9 "/ ,(*+#9 '(%$**9--$/ ,$49/$0#(/,9 +$*'#$+9 '( 19*0$ #/(%4(*$'$c #/+*(0(/,$/'9 -$ 09*,$-#'$'7 A/,( -$ 4*(%(/+#$ '( 4(*#+$*'#,#% ,":(*+"-9%$ $8"'$ %#/ ,*$,$0#(/,9 -$ 09*,$-#'$' (% '(- aTq7 J$ +9/%,*#++#M/ 4(*#+$*'#+$ $4$*(+( (/ (- O\m T\q '( -9% +$%9%7
L\
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-
*#(%89 '( %"1*#* I]=c =@c #/%"1#+#(/+#$ +$*'.$+$ 9 #/%"1#+#(/+#$ *(/$- +*M/#+$7 D( *(+90#(/'$ (/ -9% 4$+#(/,(% +9/ 3#4(*,(/%#M/ '#(,$ 3#49%M'#+$c *#+$ (/ V(8(,$-(% N 1*",$%7 J9% +$0:#9% '( (%,#-9 '( V#'$ #/+-"#*i/ -$ *('"++#M/ '( 4(%9c #/8(%,$ '( %$- $ 0(/9% '( T 85'.$c $-+939- $ L 9/S$% $- '.$c $+,#V#'$' 1.%#+$ *(8"-$* N +9/%,$/,(7 D( *(+90#(/'$ 9:,(/(* -$ 3#%,9*#$ +-./#+$ '( (/1(*0('$' +$*'#9V$%+"-$* $,(*9,*90:9,#+$ (/ -$ 1$0#-#$ (/ 4$+#(/,(% $%#/,90i,#+9%7 B9 %( *(+90#(/'$ 3$+(* (%,"'#9 8(/U,#+9 (/ :"%+$ '( *#(%89 +$*'#9V$%+"-$* (/ 4$+#(/,(% $%#/,90i,#+9%7
IDEHAE@Q@=A=@FB ?I QA=EFHID ?I H@ID!F =AH?@F]AD=KJAH
)HI]IB=@CB )H@
I- ,$:$p"#%09 (% *(%49/%$:-( '(- T\q '( ,9'$% -$% 0"(*,(% (V#,$:-(% N '(- L[q '( -$% 4*9'"+#'$% 49* (/1(*0('$' +9*9/$*#$7 I- (1(+,9 /(8$,#V9 '(- ,$:$+9 ,#(/( "/$ *(-$+#M/ '#*(+,$ +9/ (- /X0(*9 '( +#8$**#--9% 1"0$'9% $- '.$ N +9/ -$ $/,#8€('$' '(- 3i:#,97 I- (1(+,9 $,(*98U/#+9 '(- ,$:$+9 %( 4*9'"+( $ ,*$VU% '#V(*%9% 0(+$/#%09%2 #/1-"N( '( 19*0$ %#8/#1#+$,#V$ (/ (- %#%,(0$ '( -$ +9$8"-$+#M/c 49* $"0(/,9 '( -$ $+,#V$+#M/ 4-$p"(,$*#$ ( #/+*(0(/,9 '( %" 1$+,9* '( +*(+#0#(/,9c 49* (-(V$+#M/ '( -$ +9/+(/,*$+#M/ '(1#:*#/M8(/9 (/ *(-$+#M/ '#*(+,$ +9/ (- /X0(*9 '( +#8$**#--9% 1"0$'9% N 49* -$ 0$N9* V#%+9%#'$' %$/8"./($ 49* 49-#+#,(0#$ %(+"/'$*#$7 J$ #/'#+$+#M/ '( $%4#*#/$ (/ 390:*(% '( PTmZ[ $r9% N 0"k(*(% '( TTmZ[ $r9% '(:( '( (%,$:-(+(*%( '( $+"(*'9 $ +$'$ +$%9 (/ (%4(+#$- V$-9*$/'9 ('$'c 8U/(*9c 1$+,9*(% '( *#(%89 +$*'#9V$%+"-$* N $/,(+('(/,(% '( %$/8*$'9 '#8(%,#V97 D( *(+90#(/'$ 3$+(* (k(*+#+#9 1.%#+9 '( 0$/(*$ *(8"-$* $'(+"$'9 $ -$ ('$' N $ -$ %#,"$+#M/ 1.%#+$ '(#/'#V#'"9c 49* -9 0(/9% O\ 0#/",9% $- '.$c -$ 0$N9* 4$*,( '( -9% '.$% '( -$ %(0$/$7 I/ %"k(,9% $%#/,90i,#+9% 390:*(% vT\ $r9% 9 0"k(*(%vY\ $r9% +9/ J?J z >O\085'- %#/ ,*$,$0#(/,9 4$*$ '#%0#/"#* -.4#'9% c%#/ ,*$,$0#(/,9 39*09/$- 9 '( #/0"/9%"4*(%#M/c %#/ ?
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-
$r9% 9 0"k(*(% Y\ $r9% %#/ *#(%89 +$*'#9V$%+"-$* /9 (%,i #/'#+$'9 0('#* )=H7 I/ 4$+#(/,(% $%#/,90i,#+9% 0('#* 3(098-9:#/$ A>= f3:A>=g 4"('( %(* *$S9/$:-( 4$*$ 0('#* *#(%89 +$*'#9V$%+"-$* (/ 4$+#(/,(% %#/ '#$8/M%,#+9 '( ?#$:(,(% <(--#,"%7 I/ 4$+#(/,(% $%#/,90i,#+9% +9/ ?#$:(,(% <(--#,"% 9 R#4(*,(/%#M/ 49'*.$ %(* X,#- 0('#* 0#+*9$-:"0#/"*#$ 4$*$ '(,(+,$* *#(%89 +$*'#9V$%+"-$*7 I/ 4$+#(/,(% $%#/,90i,#+9% +9/ ?#$:(,(% <(--#,"% 9 R#4(*,(/%#M/ N *#(%89 #/,(*0('#9 49'*.$ %(* *$S9/$:-( 0('#* 0#+*9$-:"0#/"*#$ 4$*$ '(,(+,$* *#(%89 +$*'#9V$%+"-$*7 I/ 4$+#(/,(% $%#/,90i,#+9% +9/ *#(%89 #/,(*0('#9 49'*.$ %(* *$S9/$:-( 0('#* 19%19-#4$%$ AL $%9+#$'$ $ -#494*9,(./$% fJ4m)JALg 4$*$ :"%+$* *#(%89 +$*'#9V$%+"-$*7 I/ 4$+#(/,(% $%#/,90i,#+9% +9/ R#4(*,(/%#M/ $*,(*#$- N ?#$:(,(% (% *$S9/$:-( %9-#+#,$* I=! '( *(49%9 4$*$ :"%+$* *#(%89 +$*'#9V$%+"-$*7 I/ 4$+#(/,(% $%#/,90i,#+9% %#/ R#4(*,(/%#M/ $*,(*#$- N ?#$:(,(% 49'*.$ %(* +9/%#'(*$'9 %9-#+#,$* I=! '( *(49%9 4$*$ :"%+$* *#(%89 +$*'#9V$%+"-$*7 I/ 4$+#(/,(% $%#/,90i,#+9% +9/ *#(%89 +$*'#9V$%+"-$* #/,(*0('#9 (%,i #/'#+$'$ 4*"(:$ '( (%1"(*S9 4$*$ :"%+$* *#(%89 +$*'#9V$%+"-$* (/ (%4(+#$- (/ -9% %"k(,9% p"( #/#+#$*$/ "/ 4*98*$0$ '( (k(*+#+#9 V#89*9%97 I/ 4$+#(/,(% $%#/,90i,#+9% +9/ *#(%89 +$*'#9V$%+"-$* #/,(*0('#9 9 :$k9 /9 (%,i #/'#+$'9 *($-#S$* I+9+$*'#98*$0$ '( (%,*U%7 I/ 4$+#(/,(% $%#/,90i,#+9% +9/ *#(%89 +$*'#9V$%+"-$* $-,9c ?#$:(,(%c 9 1"(*,(% $/,(+('(/,(% 1$0#-#$*(% 4$*$ +$*'#94$,.$ +9*9/$*#$ 4"('( (%,$* #/'#+$'9 *($-#S$* )*"(:$ '( 4(*1"%#M/ +9/ (%,*U%7 B9 (%,i #/'#+$'9 *($-#S$* 4*"(:$ '( 4(*1"%#M/ +9/ (%,*U% (/ 4$+#(/,(% $%#/,90i,#+9% +9/ *#(%89 +$*'#9V$%+"-$* #/,(*0('#9 9 :$k97 I/ 4$+#(/,(% $%#/,90i,#+9% +9/ *#(%89 +$*'#9V$%+"-$* #/,(*0('#9 >\ } L\q $ >\ $r9% (% *$S9/$:-( *($-#S$* :X%p"('$ '( +$-+#9 +9*9/$*#9 0('#$/,( ,9098*$1.$ +904",$*#S$'$ f E==g7 I/ 4$+#(/,(% $%#/,90i,#+9% +9/ *#(%89 +$*'#9V$%+"-$* :$k9 Ym >\q $ >\ $r9% 4"'#(*$ (%,$* #/'#+$'9 *($-#S$* :X%p"('$ '( +$-+#9 +9*9/$*#9 0('#$/,( ,9098*$1.$ +904",$*#S$'$ fE==g7 I/ 4$+#(/,(% $%#/,90i,#+9% +9/ *#(%89 +$*'#9V$%+"-$* :$k9 z >\q $ >\ $r9% /9 (%,i #/'#+$'9 *($-#S$* :X%p"('$ '( +$-+#9 +9*9/$*#9 0('#$/,( ,9098*$1.$ +904",$*#S$'$ f E== g7 I/ 4$+#(/,(% $%#/,90i,#+9% /9 (%,i #/'#+$'9 *($-#S$* $/8#98*$1.$ +9*9/$*#$ 0('#$/,( ,9098*$1.$ +904",$*#S$'$ f$/8#9mEA=g7 I/ 4$+#(/,(% $%#/,90i,#+9% /9 (%,i #/'#+$'9 *($-#S$* *(%9/$/+#$ 0$8/U,#+$ 4$*$ :X%p"('$ '( 4-$+$ V$%+"-$*7 I/
4$+#(/,(% $%#/,90i,#+9% '#$:U,#+9% ‚ P\ $r9% 49'*.$ (%,$* #/'#+$'$ *($-#S$* E== 4$*$ :X%p"('$ '( *#(%89 +$*'#9V$%+"-$*7 I/ 4$+#(/,(% $%#/,90i,#+9% +9/ '#$:(,(% 49'*.$ %(* +9/%#'(*$'9 *($-#S$* R:A>= 4$*$ :X%p"('$ '( *#(%89 +$*'#9V$%+"-$*7 I/ 4$+#(/,(% $%#/,90i,#+9% +9/ ?#$:(,(% N *#(%89 +$*'#9V$%+"-$* $-,9 49'*.$ %(* +9/%#'(*$'9 *($-#S$* #0$8(/ '( 4(*1"%#M/ 0#9+i*'#+$ (/ 4$+#(/,(% p"( 49* (%,"'#9% 4*(V#9% %( +9/%#'(*$ p"( ,#(/( $-,9 *#(%89 '( (/1(*0('$' +9*9/$*#$7 I/ 0"k(*(% $%#/,90i,#+$% '(:( 9:,(/(*%( "/ (%,"'#9 '( *#(%89 +$*'#9V$%+"-$* 8-9:$-7 I/ 0"k(*(% $%#/,90i,#+$% '(:( '( #/V(%,#8$*%( $/,(+('(/,(% 1$0#-#$*(% '( *#(%89 +$*'#9V$%+"-$*7 B9 %( *(+90#(/'$ (;$0(/ '( 4U4,#'9% /$,*#"*(,#+9% 4$*$ :"%+$* *#(%89 +$*'#9V$%+"-$* (/ %"k(,9% $%#/,90i,#+9%7 I/ 4$+#(/,(% $%#/,90i,#+9% +9/ R#4(*,(/%#M/ $*,(*#$%( *(+90#(/'$ *($-#S$* (+9+$*'#98*$0$ 4$*$ '(,(++#M/ '( 3#4(*,*91#$ V(/,*#+"-$* #Sp"#(*'$ fR]@g 4$*$ '(,(+,$* *#(%89 +$*'#9V$%+"-$*7 I/ 4$+#(/,(% $%#/,90i,#+9% %#/ R#4(*,(/%#M/ $*,(*#$- /9 %( *(+90#(/'$ *($-#S$* (+9+$*'#98*$0$ 4$*$ '(,(++#M/ '( 3#4(*,*91#$ V(/,*#+"-$* #Sp"#(*'$ fR]@g 4$*$ '(,(+,$* *#(%89 +$*'#9V$%+"-$*7 I/ +$%9 '( #/8(*#* :(:#'$% $-+93M-#+$%c %( *(+90#(/'$ *('"+#* %" #/8(%,$ 3$%,$ "/ 0i;#09 '( O\mP\ 8 '( $-+939-5'.$ (/ V$*9/(% N '( L\m O\ 8 (/ 0"k(*(%7 H('"+#* 4(%9 %# (;#%,( (;+(%97 D( *(+90#(/'$ ",#-#S$* (- ./'#+( '( 0$%$ +9*49*$- f4(%9 t|8u5,$--$L t0ug N -9% 4"/,9% '( +9*,( '( LTm L[c[ ƒ %9:*(4(%9 N v '( O\ |850L ƒ 9:(%#'$'7 I/ -9% 390:*(% (- 4(*.0(,*9 $:'90#/$- v>\L+0 N (/ -$ 0"k(* v aa+0 49* $+"0"-$+#M/ '( 8*$%$ $:'90#/$'(:(/ '( *(+90(/'$*%( -$ *(%,*#++#M/ '( #/8(%,$ +$-M*#+$ ( #/#+#$* "/ *U8#0(/ '( $+,#V#'$' 1.%#+$7 =9/%"0#* "/$ '#(,$ V$*#$'$ (/ -$ p"( ,(/8$/ "/$ 0$*+$'$ 4*(%(/+#$ +(*($-(%c 1*",$%c -(8"0:*(%c V(*'"*$% N 4(%+$'97 J$ *('"++#M/ '( %$- N +$-9*.$% 4"('( %(* /(+(%$*#$ (/ +$%9 '( 9:(%#'$' N59 3#4(*,(/%#M/7 I- 49*+(/,$k( '( +$-9*.$% 4*9+('(/,(% '( -$% 8*$%$% '(:( %(* #/1(*#9* $- O\q N -$% 8*$%$% %$,"*$'$% /9 '(:(/ %"4(*$* (- >\qc #'($-0(/,( (- Tq7 J$ $'94+#M/ '( (%,$% 0('#'$% 4"('( 3$+(* #//(+(%$*#$ -$ ",#-#S$+#M/ '( 1i*0$+9% 4$*$ +9**(8#* -9% QH7 D( +9/%#'(*$ 49:-$+#M/ '( $-,9 *#(%89 $ -9% %"k(,9% 1$0#-#$*(% 4*M;#09% '( 4$+#(/,(% +9/ (/1(*0('$' $,(*9(%+-(*M,#+$ +9/ 0$/#1(%,$+#M/ 4*(+9Sc $%. +909 -9% 1$0#-#$*(% $4$*(/,(0(/,( %$/9% +9/ *#(%89 (-(V$'9 49* -$ 4*(%(/+#$ '( V$*#9% 1$+,9*(% '( *#(%89 +$*'#9V$%+"-$*7 LL
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-
)HI]IB=@CB DI=KB?AH@A A /#V(- 0"/'#$- (;#%,(/ >\T 0#--9/(% '( 4(*%9/$% +9/ +9-(%,(*9- (-(V$'9c T\ 0#--9/(% +9/ R#4(*,(/%#M/ $*,(*#$-c PZ 0#--9/(% +9/ %./'*90( 0(,$:M-#+9c >a 0#--9/(% '#$:U,#+9%7 D( 4#(*'( "/$ V#'$ +$'$ OO %(8"/'9% 49* (/1(*0('$' +$*'#9V$%+"-$*7 I/
\\c\\\ 3$:#,$/,(%g7 I/,*( >[a\ N L\\\ -$ 09*,$-#'$' 49* +$*'#94$,.$ +9*9/$*#$ %( *('"k9 (/ IK c $4*9;#0$'$0(/,( T\qc PZq 1"( 49* *('"++#M/ '( -9% %#8"#(/,(% 1$+,9*(% '( *#(%892 =9-(%,(*9- ,9,$- LPqc RAD L\qc E$:$p"#%09 >Lq N A+,#V#'$' 1.%#+$ Tq7 D( %$:( p"( '( Z\\c\\\ 4$+#(/,(% p"( 4*(%(/,$/ I]= (/ L\\c\\\ '( (--$% V9-V(*i/ $ 4*(%(/,$* (- 0#%09 (V(/,97
JA RAD J$ RAD $"0(/,$ (- *#(%89 #/'#V#'"$- '( I=] '( Lm O V(+(%7 I- ,*$,$0#(/,9 $/,#3#4(*,(/%#V9 *('"k9 L\q (- *#(%89 '( I]=c '#%0#/"+#M/ '( -9% >[q '( (/1(*0('$' +9*9/$*#$ N >Tq '( 9,*9% (V(/,9% +$*'#9V$%+"-$*(% 0$N9*(%7 =$'$ #/+*(0(/,9 '( L\0038 (/ )AD N >\0038 (/ )A? '"4-#+$ -$ 09*,$-#'$' 49* +$*'#94$,.$ #%p"U0#+$ N I]=7 I/
T7L 0#--9/(% '( 4(*%9/$% ,#(/(/ RADg7 D( *(+90#(/'$ $g =9/,*9- '( RAD7 <(,$2 z>P\5[\ 9 z >O\5a\ 00R8 (/ 4$+#(/,( +9/ ?< ( @H=7 :g <9'#1#+$+#M/ (/ (- (%,#-9 '( V#'$w +9/,*9- '( 4(%9c $+,#V#'$' 1.%#+$c 09'(*$* #/8(%,$ '( $-+939-c *(%,*#++#M/ '( %9'#9c #/8(%,$ '( $-#0(/,9% :$k9% (/ 8*$%$ N +9/%"09 '( 1*",$% N V(8(,$-(%7 +g E*$,$0#(/,9 1$*0$+9-M8#+92 4$*$ (- +9/,*9- '( -$ 4*(%#M/ $*,(*#$-c +9/,*9- '( -$ ?#$:(,(% N 0$/(k9 '( -$% 3#4(*-#4#'(0#$%7
0#--9/(% '( 4(*%9/$% (/ >[[T $ O\\0#--9/(% (/ L\LT7 I- *#(%89 '( I/1(*0('$' N 09*,$-#'$' +$*'#9V$%+"-$* (% L $ a V(+(% 0i% (/ 4(*%9/$% '#$:U,#+$% p"( (/ p"#(/(% /9 -9 %9/7 J$ 4*(V$-(/+#$ '( ?< (/ -$ 49:-$+#M/ 8(/(*$- $'"-,$ (% '(- >\7Zq +9/ RAD >Y7Tq Q"0$'9*(% OPq 4*9,(#/"*#$ P\q7 J$ 4*(V$-(/+#$ '( ?#$:(,(% (/
P7Pq (/ -$% ('$'(% '( T\mT[ $r9% >O7Tqc (/ Y\mY[ $r9% >[7 Lq7 D( *(+90#(/'$ p"( (- /#V(- '( 3(098-9:#/$ 8-#+9%#-$'$ %( 0$/,(/8$ z Zq 4$*$ (V#,$* (- '$r9 $ M*8$/9% :-$/+97
?@DJ@)@?I<@AD J$% 3#4(*-#4#'(0#$% %9/ -$ +$"%$ 4*#/+#4$- '( $,(*9(%+-(*9%#% N 49* +9/%#8"#(/,( '( +$*'#94$,.$ +9*9/$*#$7 J$ 4*(V$-(/+#$ '( 3#4(*+9-(%,(*9-(0#$ (/
7Tq I/ ((%,"'#9 Q*$0#/83$0 '(- +9*$SM/c (- *#(%89 '( %"1*#* "/ (V(/,9 +9*9/$*#9 1"( '(- LZq (/ 390:*(% N OTq (/ 0"k(*(% +9/ +9-(%,(*9- (-(V$'9 vL\\085'-7 I/ (- (%,"'#9
>T m>ZP 085'-7 ?#%0#/"N( L\q J$ 09*,$-#'$' N O\ q (/ %./'*90( +9*9/$*#9 $8"'97 D( *(+90#(/'$ +909 0(,$ (/ -9% 4$+#(/,(% +9/ (/1(*0('$' +$*'#9V$%+"-$* =E z >[\085'- J?Jz >>T085'- N (/ 4$+#(/,(% +90 '#$:(,(%c =Ez >ZT 085'J?J z >\\ 085'-7 D( *(+90#(/'$ *('"+#* #/8(%,$ '( 8*$%$% %$,"*$'$% zZq '( ,9,$- '( +$-9*.$%7 Q#:*$ fv>\ 85'-g c 4*909V(* $+,#V#'$' 1.%#+$ N +9/,*9- '( 4(%9 D( *(+90#(/'$ +9/%"09 '( F0(8$ O f4(%+$'9c 9 +i4%"-$% >85'-g7 D( *(+90#(/'$ -$ ",#-#S$+#M/ '( 0('#+$0(/,9% 4$*$ (- +9/,*9- '( -.4#'9%2 I%,$,#/$% c 1#:*$,9%c /#$+#/$7 EA^AWK@D
)AHA ?@A^IEID
OT
I- ,$:$p"#%09 (% *(%49/%$:-( '(- T\q '( ,9'$% -$% 0"(*,(% (V#,$:-(%c N '(- L[q '( -$% 4*9'"+#'$% 49* (/1(*0('$' +9*9/$*#$7 LO
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-
J$ +9/,#/"$+#M/ '(- 3i:#,9 ,$:ip"#+9 ,*$% (- @< '"4-#+$ (- *#(%89 '( 0"(*,(c $"0(/,$ (- *#(%89 '( 0"(*,( %X:#,$ N '( *(#/1$*,9% 4*9'"+( +#(**( 4*(+9S '( 4"(/,(% $9*,95+9*9/$*#9% N $"0(/,$ 49*+(/,$k( '( *(%,(/9%#% ,*$% -$ $/8#94-$%,#$ +9*9/$*#$7 J9% :(/(1#+#9% '( -$ %"%4(/%#M/ '(- 3i:#,9 ,$:ip"#+9 %9/ (V#'(/,(% '(%'( (- #/#+#97 K/ $r9 '(%4"U% (- *#(%89 (;+('(/,( '( +$*'#94$,.$ +9*9/$*#$ (% '( -$ 0#,$' '( -$ '( "/ 1"0$'9* $+,#V9c (/,*( T N >T $r9% (- *#(%89 '( I=] %( *('"+( $- '( "/$ 4(*%9/$ p"( /"/+$ 3$ 1"0$'97 D( *(+90#(/'$ %"%4(/'(* +904-(,$0(/,( (- 3i:#,9 '( 1"0$*7 K,#-#S$* $%(%9*.$ N ,(*$4#$ +9/'"+,"$-7 A+"'#* $ +-./#+$% '( ,$:$p"#%097 F1*(+(* ,*$,$0#(/,9% 1$*0$+9-M8#+9 f4$*+3(% #/3$-$'9* $(*9%9- 890$ '( 0$%+$* '( /#+9,#/$c (,+7
aT $r9% '( %(8"#0#(/,97 D( *(+90#(/'$/2 O\ <#/",9% '( $+,#V#'$' 1.%#+$ *(8"-$* '( #/,(/%#'$' 09'(*$'$c fYTq '( %" Q=
„ N L„ /#V(- '( $,(/+#M/ 0('#+$ *($-#S$* +$04$r$ 4(*0$/(/,( '( '(,(++#M/ '( 1$+,9*(% '( *#(%89 +$*'#9V$%+"-$* (/ 4$+#(/,(% $%#/,90i,#+9%7 D( *(+90#(/'$ (/ (- >„ N L„ /#V(- '( $,(/+#M/ 0U'#+$ *($-#S$* %(8"#0#(/,9 $ -9% 4$+#(/,(% p"( N$ 4*(%(/,$*9/ "/ (V(/,9 +$*'#9V$%+"-$* 4$*$ -$ 09'#1#+$+#M/ '( %"% 1$+,9*(% '( *#(%89 N (V#,$* "/ %(8"/'9 9 ,(*+(* (V(/,97
F^ID@?A? I% -$ L'$ +$"%$ '( 0"(*,( 4*(V(/#:-( '(%4"U% '(,$:$p"#%097 J$ 4U*'#'$ '( %9-9 Tm>\q '(- 4(%9 +9*49*$- /9*0$-#S$ 9 0(k9*$ /9,$:-(0(/,( (- +9/,*9- '( RADc ?J) ?<7 J$ F:(%#'$' %( '(1#/( +909 "/ @<= vO\c %9:*(4(%9 @<=v LT7 J$ 4*(V$-(/+#$ '( 9:(%#'$' (/
a7Tm LP7[ n850L7 =#*+"/1(*(/+#$ $:'90#/$- z>\>+0 (/ 390:*(% N za[ +0 (/ 0"k(*(%7 D( *(+90#(/'$2 )U*'#'$ #/#+#$- '(- >\q '(- 4(%9 +9*49*$- (/ Y 0(%(%7 ?#(,$ :$k$ (/ +$-9*.$% fT\\ $ >\\\n+$- 5'.$g A+,#V#'$' Q.%#+$2 =$0#/$* O\ 0#/",9% '#$*#9%m Q$*0$+9,(*$4#$ (/ 4$+#(/,(% '( $-,9 *#(%89 =#*"8.$ (/ +$%9% 9:(%#'$' 0M*:#'$7 @BA=E@]@?A? Q@D@=A
7T V(+(%7 I/ (- 0"/'9 +(*+$ '( >7[ 0#--9/(% '( 0"(*,(%7 L\q 49* (/1(*0('$'(% =$*'#9V$%+"-$*(% N LLq 49* +$*'#94$,.$ +9*9/$*#$7 I- (k(*+#+#9 09'(*$'9 %( $%9+#M +9/ *('"++#M/ '( T\q (/ (- *#(%89 '( 09*,$-#'$' 49* +$"%$% +$*'#9V$%+"-$*(% LP
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-
'( -$ 0#8*$r$g N D./'*90( =$*+#/9#'(7 F,*$% +$"%$% '( $1(++#M/ V$-V"-$* ,*#+"%4.'($ 0(/9% 1*(+"(/,(% %9/ -$% %(+"/'$*#$% $ 1i*0$+9% +909 -$ Q(/1-"*$0#/$c ?(;1(/1-"*$0#/$ f$/9*(;#8(/9%g (*89,$0#/$c 0(,#%(*8#'$c f",#-#S$'9% 4$*$ (- ,*$,$0#(/,9 '( -$ 0#8*$r$g N D./'*90( =$*+#/9#'(7
?@A!BCDE@=F J9% %./,90$% p"( 4*('90#/$/ (/ -$ (/1(*0('$' '( -$ Vi-V"-$ ,*#+X%4#'( %9/ -9% %(+"/'$*#9% $ +9/8(%,#M/ V(/9%$ %#%,U0#+$c ('(0$ '( 0#(0:*9% #/1(*#9*(% N $%+#,#%7 I/ -$ (%,(/9%#% '( -$ Vi-V"-$ ,*#+X%4#'( %( $"%+"-,$ "/ +3$%p"#'9 '( $4(*,"*$ ,*#+"%4.'(9 %(8"#'9 '( "/ *(,"0:9 N "/ *(19*S$0#(/,9 4*(%#%,M-#+9 %# (4$+#(/,( +9/%(*V$ (- *#,09 %#/"%$-7 I/ (- $/i-#%#% '(- 4"-%9 N"8"-$* (/ (/1(*09% +9/ (%,(/9%#% '( -$ Vi-V"-$ ,*#+X%4#'( (/ *#,09 %#/"%$- (;#%,( "/$ 9/'$ x$y 8#8$/,( N "/ (/-(/,(+#0#(/,9 '(- '(%+(/%9 xNy7
#$'.&/0)$%+ 1 )*')'!$"&)+ #" 2' "&4"*!"#'# #" 2' 562532' )*$%70,$#" 1 "&4"*!"#'# ,23*$5'2532'*
I- I%,*(4,9+9+9 … 3(09-.,#+9 '(- 8*"49 A (% +$"%$/,( '( -$ Q#(:*( *("0i,#+$7
I/ 4$+#(/,(% +9/ #/%"1#+#(/+#$ %(V(*$ '( -$ Vi-V"-$ ,*#+X%4#'( %( $"%+"-,$ "/ %94-9 39-9%#%,M-#+9 ,*#+"%4.'(9 (/ -$ 4$*,( :$k$ '( -$ *(8#M/ 4$*$(%,(*/$- #Sp"#(*'$7 J9% (/1(*09% +9/ #/%"1#+#(/+#$ ,*#+"%4.'($ %(V(*$ 0"(%,*$ "/$ 9/'$ xVy 4*90#/(/,( (/ (- $/i-#%#% '(- 4"-%9 N"8"-$*7 I/ 4$+#(/,(% +9/ 8*$/ '#-$,$+#M/ '(- V(/,*.+"-9 '(*(+39 ( #/%"1#+#(/+#$ ,*#+"%4.'($ #049*,$/,( (- %94-9 39-9%#%,M-#+9 4"('( -9+$-#S$*%( (/ (- i4(; N +9/1"/'#*%( +9/ #/%"1#+#(/+#$ 0#,*$-7
I/ -9% 4$+#(/,(% +9/ 1$*#/8#,#% 9 1$*#/89 $0#8'$-#,#% 49* I%,*(4,9+9+9 … 3(09-.,#+9 '(- 8*"49 A (%,$ #/'#+$'9 (,*$,$0#(/,9 '( (**$'#+$+#M/7
I/ (/1(*09% +9/ (%,(/9%#% 0#,*$- ( #/%"1#+#(/+#$ $M*,#+$ -$ %#/,90$,9-98.$ 4*('90#/$/,( (% -$ %(+"/'$*#$ $ -$ (%,(/9%#% '( -$ Vi-V"-$ 0#,*$- N 8(/(*$-0(/,( -$ #/%"1#+#(/+#$ $M*,#+$ (% '( 8*$'9 -(V( $ 09'(*$'97
?IEI==@CB
I/ 4$+#(/,(% +9/ (%,(/9%#% 0#,*$- %(V(*$ ( #/%"1#+#(/+#$ $M*,#+$ %(V(*$ 4"('( /9 (/+9/,*$*%( (- 4$,*M/ '( 4"-%9 +-i%#+9 %(+"/'$*#9 $ -$ #/%"1#+#(/+#$ $M*,#+$7 I/ 4$+#(/,(% +9/ (%,(/9%#% 0#,*$- %(V(*$ ( #/%"1#+#(/+#$ ,*#+"%4.'($ #049*,$/,( 8(/(*$-0(/,( %( (/+"(/,*$ (/ 19*0$ #/3(*(/,( (-(V$+#M/ #049*,$/,( '( -$ 4*(%#M/ $*,(*#$- 4"-09/$*7
J9% 4$+#(/,(% +9/ Q#(:*( *("0i,#+$ '(:(/ '( *(+#:#* 4*91#-$;#% +9/ $/,#:#M,#+9% 4$*$ (V#,$* (4#%9'#9 *(+"**(/,(7 D( *(+90#(/'$ ",#-#S$* -9% %#8"#(/,(% $/,#:#M,#+9% (/ 4$+#(/,(% +9/ Q#(:*( *("0i,#+$ 4$*$ (V#,$* *(+"**(/+#$7 D( *(+90#(/'$ p"( -$ '"*$+#M/ '( -$ 4*91#-$;#% (/ 4$+#(/,(% +9/ =H@7 F,*$% +$"%$% '( $1(++#M/ V$-V"-$* ,*#+"%4.'($ 0(/9% 1*(+"(/,(% %9/ -$% %(+"/'$*#$% $ 1i*0$+9% +909 -$ Q(/1-"*$0#/$c ?(;1(/1-"*$0#/$ f$/9*(;#8(/9%g (*89,$0#/$c 0(,#%(*8#'$c f",#-#S$'9% 4$*$ (- ,*$,$0#(/,9
I/ -9% (/1(*09% +9/ (%,(/9%#% 0#,*$- %(V(*$ ( #/%"1#+#(/+#$ ,*#+"%4.'($ %(V(*$ -9% '$,9% +-./#+9% %(+"/'$*#9% $ -$ V$-V"-94$,.$ ,*#+"%4.'($ %9/ (/0$%+$*$'9% 49* -9% '$,9% 4*9'"+#'9% 49* -$ (%,(/9%#% 0#,*$-7 LT
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-
I- 8*$'9 '( %(V(*#'$' '( -$ #/%"1#+#(/+#$ ,*#+"%4.'($ 4"('( 0(k9*$* $- *(%9-V(* -$ (%,(/9%#% 0#,*$- N '#%0#/"#* -$ 4*(%#M/ $*,(*#$- 4"-09/$*c %#(04*( N +"$/'9 -$ Vi-V"-$ ,*#+X%4#'( /9 0"(%,*$ '$,9% '( $-,(*$+#M/ #049*,$/,( (/ %" $/$,90.$7 I/ -9% 4$+#(/,(% +9/ (%,(/9%#% 0#,*$- N (%,(/9%#% $M*,#+$ -9% %./,90$% p"( 4*('90#/$/ 8(/(*$-0(/,( %9/ -9% %(+"/'$*#9% $ -$ (/1(*0('$' '( -$ Vi-V"-$ $M*,#+$7 I/ -9% (/1(*09% +9/ (%,(/9%#% $M*,#+$ ( #/%"1#+#(/+#$ 0#,*$- (- 8*$'9 '( $1(++#M/ V$-V"-$* $M*,#+$ 4"('( %":(%,#0$*%( '(:#'9 $ -$ *('"++#M/ '(- 1-"k9 $/,(*M8*$'9 %(+"/'$*#9 $ -$ #/%"1#+#(/+#$ 0#,*$-7 J9% 4$+#(/,(% +9/ I%,(/9%#% $M*,#+$ ( #/%"1#+#(/+#$ 0#,*$4"('(/ 4*(%(/,$* 1#:*#-$+#M/ $"*#+"-$* -9 p"( 4"('( (04(9*$* -9% '$,9% +-./#+9% '( :$k9 8$%,9 %(+"/'$*#9% $ -$ (%,(/9%#% $M*,#+$7 J$ $1(+,$+#M/ 0i% 1*(+"(/,( (/ (- D./'*90( =$*+#/9#'( (% -$ #/%"1#+#(/+#$ ,*#+"%4.'($ $#%-$'$ N %M-9 +"$/'9 (;#%,(/ 0(,i%,$%#% 3(4i,#+$% %(+"/'$*#$% $- ,"09* +$*+#/9#'( '( #/,(%,#/9 '(-8$'97 J9% %./,90$% $%9+#$'9% $ -$ #/%"1#+#(/+#$ ,*#+"%4.'($ $#%-$'$ '(- %./'*90( +$*+#/9#'( %9/ %(+"/'$*#$% $ -$ 4*9'"++#M/ (;+(%#V$ '( $0#/$% V$%9$+,#V$% N %( (;4*(%$/ +909 '#$**($c +*#%#% '( *":9* N -$:#-#'$' '( -9% /#V(-(% '( 4*(%#M/ $*,(*#$-7 D( *(+90#(/'$ "/ (;$0(/ 1.%#+9 N +$*'#9-M8#+9 +$'$ Y $ a 0(%(% (/ $p"(--9% 4$+#(/,(% p"( ,90$*9/ $/9*(;.8(/9%c (%4(+#$-0(/,( 1(/1-"*$0#/$ N '(;1(/1-"*$0#/$7 D( *(+90#(/'$ "/ (;$0(/ 1.%#+9 N +$*'#9-M8#+9 $ -9% 4$+#(/,(% p"( #/8#(*(/ (*89,$0#/$ +*M/#+$0(/,( 49* -$ 49%#:#-#'$' '( 1#:*9%#% V$-V"-$* 0#,*$- N59 $M*,#+$7 I/ /"(%,*9 0('#9c (/ 0i% '(- aTq '( -$ (/1(*0('$' '( -$ Vi-V"-$ ,*#+X%4#'( (% %(+"/'$*#$ $ %(+"(-$% '( Q#(:*( H("0i,#+$7
)HKI^AD ?@A!BCDE@=AD I%,i #/'#+$'9 (/ ,9'9% -9% 4$+#(/,(% +9/ %9%4(+3$ '( (/1(*0('$' '( -$ Vi-V"-$ ,*#+X%4#'( %9-#+#,$* :#90(,*.$ 3(0i,#+$ +904-(,$c p".0#+$ %$/8"./($ N (-(+,*9-#,9% %U*#+9%7 ](-9+#'$' '( (*#,*9%('#0(/,$+#9/ 8-9:"-$* f]D!gc )*9,(./$ = *($+,#V$ f)=Hgc ="-,#V9 %$/8"./(9 (/
4#+9 1(:*#-c D(*9-98.$ $/,#(%,*(4,9+9+9 N $/,#+"(*49% $/,# ?BA : f+"$/'9 %( +"(/,( +9/ (- *(+"*%9gc )*"(:$% '( Q"/+#M/ R(4i,#+$7 I%,i #/'#+$'9 4*$+,#+$* I=! '( >L +$/$-(% $ ,9'9% -9% 4$+#(/,(% +9/ %9%4(+3$ '( (/1(*0('$' V$-V"-$* '( -$ ,*#+X%4#'(7 I%,i #/'#+$'9 *($-#S$* %(*#( +$*'#$+$ f)A7 F?A N F@Ag $ ,9'9% -9% 4$+#(/,(% +9/ %9%4(+3$ '( (/1(*0('$' '( -$ Vi-V"-$ ,*#+X%4#'(7 I%,i #/'#+$'9 *($-#S$+#M/ '( )*"(:$ '( (%1"(*S9 4$*$ V$-9*$* +-$%( 1"/+#9/$-7 I%,i #/'#+$'9 -$ *($-#S$+#M/ '( <9/#,9*(9 '( 39-,(* '( LP 3*% (/ +$%9 '( -$ 4*(%(/,$+#M/ '( $**#,0#$% %#/,90i,#+$%7 I%,i #/'#+$'9 (/ ,9'9% -9% 4$+#(/,(% +9/ %9%4(+3$ '( (/1(*0('$' '( -$ Vi-V"-$ ,*#+X%4#'( *($-#S$+#M/ '( I+9+$*'#98*$0$ ,*$/%,9*$+#+97 B9 (%,i #/'#+$'9 *($-#S$* '( *",#/$ (+9+$*'#98*$0$ ,*$/%(%91$8#+9 $ ,9'9% -9% 4$+#(/,(% +9/ %9%4(+3$ '( (/1(*0('$' '( -$ Vi-V"-$ ,*#+X%4#'(7 D( *(+90#(/'$ 49* IEI2 A7m ]$-9*$+#M/ '(- $4$*$,9 V$-V"-$* ,*#+"%4#'(92 4$*$ '(,(*0#/$* -$ (,#9-98.$ '( -$ @/%"1#+#(/+#$ V$-V"-$*7 ^7m E$0$r9 '( +$V#'$'(% '(*(+3$%2 /9 (;#%,( #/%"1#+#(/+#$ '( -$ Vi-V"-$ ,*#+X%4#'( +*M/#+$ '( 8*$'9 09'(*$'9 $ %(V(*9 p"( /9 4*(%(/,( '#-$,$+#M/ '( -$% 0#%0$%7 D( *(+90#(/'$ 0('#* -$% '#0(/%#9/(% '(- ]? '( $+"(*'9 $ -9% +*#,(*#9% '( -$ D9+#('$' A0(*#+$/$ '( I+9+$*'#98*$1#$7 D9/ '$,9% '( '#%1"/+#M/ %(V(*$ '(- ]?2 @/'#+( E(# v \7P\7 EA)DI z L7L+07 E?@m% z >\+05%(87 D9/ '$,9% (+9+$*'#98*$1#+9% '( @E %(V(*$2 ?#-$,$+#M/ '( -$ ]=@7 ?#-$,$+#M/ '( -$% V(/$% %"4*$3(4i,#+$% +9/ -$,#'9 %#%,M-#+9 )9* '944-(* 4"-%$'9 V(-9+#'$' '(- 1-"k9 ,*$/%,*#+"%4#'(9 v >7\ 05%(87 )9* '944-(* +9/,#/"9 '(/%#'$' '(- 1-"k9 *(8"*8#,$/,( %#0#-$* $- 1-"k9 $/,(*M8*$'97 ?$,9% (+9+$*'#98*i1#+9% '( I%,(/9%#% '( -$ Vi-V"-$ ,*#+X%4#'(2 @0$8(/ (/ x'909yc 1"%#M/ +90#%"*$%c *(,*$++#M/ V$-V$*7 <('#+#M/ '( 8*$'#(/,(%2 !*$'#(/,( LY
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-
0('#9 v '( T00R8 (% #/'#+$'9* (%,(/9%#% 09'(*$'$c v Z 00R8 '( (%,(/9%#% '( 8*$'9 %(V(*97 J$ %(V(*#'$' '( -$ I%,(/9%#% ,*#+X%4#'($ ,$0:#U/ %( +$-#1#+$ '( $+"(*'9 $- $U*($ V$-V"-$* 49* (+9+$*'#98*$0$7 I%,(/9%#% -(V(2 v '( >7T +0Lc <9'(*$'$2 >m>7T +0Lc D(V(*$2 z '( > +0L7
I%,i #/'#+$'$ -$ ])^ '( -$ ,*#+X%4#'( (/ *('"+#'9 8*"49 '( 4$+#(/,(% +9/ I%,(/9%#% 0#,*$- N '( -$ ,*#+X%4#'( '9/'( -$ -(%#M/ 0#,*$- %( ,*$,M +9/ ])^ N -9% 4$+#(/,(% +9/,#/X$/ +9/ %./,90$% '(%4"U% '( ,*$,$0#(/,9 1$*0$+9-M8#+97
EHAEA<@IBEF
D( *(+90#(/'$ -$ %"%,#,"+#M/ V$-V"-$* (/ 4$+#(/,(% +9/ @E %(+"/'$*#$ $ (04-(9 '( $/9*(;#8(/9% '(:#'9 $ p"( 9+$%#9/$/ 1#:*9%#% N 4"('(/ %(* $1(+,$'$% ,9'$% -$% Vi-V"-$% +$*'#$+$%7
EHAEA<@IBEF QAH
D( *(+90#(/'$ (/ -$ -(%#M/ '( -$ Vi-V"-$ ,*#+X%4#'( 49* %./'*90( +$*+#/9#'( ",#-#S$* 4*M,(%#% 0(+i/#+$ (/ -"8$* '( 3909#/k(*,9%7
I/ @E (%,i #/'#+$'9 ",#-#S$* '#"*U,#+9% '( $%$ N $39**$'9*(% '( 49,$%#9c $%. +909c V$%9'#-$,$'9*(% (/ *#,09 %#/"%$-7 I%,i #/'#+$'9 (/ 4$+#(/,(% +9/ 1#:*#-$+#M/ $"*#+"-$* +9/,*9-$* -$ 1*(+"(/+#$ V(/,*#+"-$* f'#8#,$-c +$-+#9$/,$89/#%,$% 9 :(,$:-9p"($'9*(%g N 4*949*+#9/$* "/$ +9:(*,"*$ $/,#,*90:M,#+$ 0('#$/,(c $/,#+9$8"-$+#M/ +904-(,$ +9/ 3(4$*#/$ %M'#+$7 =9/,#/"$* +9/ $/,#+9$8"-$+#M/ 9*$-7 J$ 4*91#-$;#% %(+"/'$*#$ 19*0$ 4$*,( '(- ,*$,$0#(/,97
EHAEA<@IBEF BF QAH
D( *(+90#(/'$ (/ @E %(V(*$ +#*"8.$ (/ 4$+#(/,( +9/ (/1(*0('$' 4-"*#V$-V"-$*7 D( *(+90#(/'$ (/V#$* 4$+#(/,(% +9/ @E %(V(*$ $%#/,90i,#+$ $- ,(*+(* /#V(- 4$*$ (%,"'#9 N V#8#-$/+#$7 D( +9/%#'(*$/ 0$*+$'9*(% '( 0$- 4*9/M%,#+9 4$*$ +#*"8.$ (/ 4$+#(/,(% +9/ #/%"1#+#(/+#$ %(V(*$ '( -$ Vi-V"-$ ,*#+X%4#'(2 R:z >>7T7 _*($ %#%,M-#+$ '(- ]? 0$N9* $ L\+0L7 )-$p"(,$% z >L\ 0#-7 J$ $%9+#$+#M/ '( R: :$k$ N 4-$p"(,94(/#$ %( '(:( $ 3#4(*(%4-(/#%09 %(+"/'$*#9 $ +9/8(%,#M/ V(/9%$ %#%,U0#+$ +*M/#+$7
=H@EIH@FD ?I HIQIHIB=@A
I%,i #/'#+$'$ -$ %"%,#,"+#M/ V$-V"-$* (/ 4$+#(/,(% +9/ @E %(V(*$ %(+"/'$*#$ $ $1(+,$+#M/ '( -9% V(-9% p"( /9 4"('(/ %(* *(4$*$'9% %$,#%1$+,9*#$0(/,(7
I/ (- 4*#0(* /#V(- '( $,(/+#M/ 0U'#+$c +9/ -$ %9%4(+3$ +-./#+$ '( 4$,9-98.$ V$-V"-$* %( '(:(/ %9-#+#,$* $- L„ 9 O„ /#V(- $49N9 '#$8/M%,#+9 4$*$ *($-#S$* I=!c H$N9% ; N (+9+$*'#98*$0$7
I%,i #/'#+$'$ -$ %"%,#,"+#M/ V$-V"-$* 9 $/"-94-$%,#$ (/ 4$+#(/,(% %#/,90i,#+9% +9/ @E %(V(*$ N 4*(%#M/ 4"-09/$* z Y\ 00R87
I/ (- 4*#0(* /#V(- '( $,(/+#M/ 0U'#+$ +"$/'9 %( +"(/,( +9/ (- ';7 @/,(8*$- %( *(+90#(/'$ (/V#$* (- 4$+#(/,( $L„ /#V(- 4$*$ V$-9*$+#M/ +$*'#9-M8#+$7
I%,i #/'#+$'$ -$ $/"-94-$%,#$ (/ 4$+#(/,(% +9/ @E -(V(m 09'(*$'$ +9/ 3#4(*,(/%#M/ 4"-09/$* %(+"/'$*#$ $ (/1(*0('$' 0#,*$- p"( *(p"#(*( +#*"8.$7
D( *(+90#(/'$ (/V#$* '(- 4*#0(* /#V(- $- ,(*+(* /#V(- '( $,(/+#M/ +-./#+$ +"$/'9 /9 %( +"(/,( +9/ (- *(+"*%9 3"0$/9f +$*'#M-989g (/ (- %(8"/'9 /#V(-7
B9 (%,i #/'#+$'$ -$ %"%,#,"+#M/ V$-V"-$* 9 $/"-94-$%,#$ (/ (/1(*09% +9/ @E %#/ '$r9 '(- ]? p"( %9/ 49*,$'9*(% '( 4*M,(%#% 0#,*$- N (%,i/ $%#/,90i,#+9%c F %# (%,i/ %#/,90i,#+9% N /9 3$/ *(+#:#'9 ,*$,$0#(/,9 '#"*U,#+9 $'(+"$'97
D( *(+90#(/'$ (/V#$* '(- %(8"/'9 /#V(- $- ,(*+(* /#V('( $,(/+#M/ 0U'#+$ $ -9% 4$+#(/,(% +9/ (/1(*0('$' V$-V"-$* p"( $0(*#,(/ (%,"'#9 (/ (- -$:9*$,9*#9 '( 3(09'#/$0#$ N59 ,*$,$0#(/,9 p"#*X*8#+97
LZ
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-
E9'9% -9% 4$+#(/,(% p"( 3$N$/ *(+#:#'9 +#*"8.$ V$-V"-$* /(+(%#,$/ "/ %(8"#0#(/,9 +$*'#9-M8#+9 '( 49* V#'$7 D( *(+90#(/'$ p"( (- ,(*+(* /#V(- '( $,(/+#M/ 0U'#+$ '(:(*i (/V#$* $- L„ /#V(- $ -9% 4$+#(/,(% p"( 3$/ %#'9 %90(,#'9% $ ,*$,$0#(/,9 p"#*X*8#+9 N %9/ 49*,$'9*(% '( Vi-V"-$ 4*9,U%#+$7 D( *(+90#(/'$ *($-#S$* (- +9/,*9- '( $/,#+9$8"-$/,(%c 4*91#-$;#% '( 1#(:*( *("0i,#+$ N (/'9+$*'#,#% $%. +909 $k"%,( '( 9,*9% 0('#+$0(/,9% (/ (- %(8"/'9 /#V(- '( $,(/+#M/7 D( *(+90#(/'$ (/V#$* '(- %(8"/'9 $- ,(*+(* /#V(- '( $,(/+#M/ 0U'#+$ $ -9% 4$+#(/,(% +9/ %9%4(+3$ +-./#+$ N59 $";#-#$*(% '( '#$8/M%,#+9 '( 4$,9-98.$ p"( $0(*#,( /"(V$0(/,( ,*$,$0#(/,9 f'#%1"/+#M/ 4*9,U%#+$c '#%1"/+#M/ '( 9,*$ Vi-V"-$ +$*'#$+$c ^-9p"(9 A"*#+"-9m V(/,*#+"-$* (,+7g7
]@!@JAB=@A G DI!K@<@IBEF E9'9% -9% 4$+#(/,(% p"( 3$N$/ *(+#:#'9 +#*"8.$ V$-V"-$* /(+(%#,$/ "/ %(8"#0#(/,9 +$*'#9-M8#+9 '( 49* V#'$7 J9% 4$+#(/,(% +9/ 4*M,(%#% V$-V"-$* 0(+i/#+$ *(p"#(*(/ "/$ (;4-9*$+#M/ +-./#+$ +904-(,$ (/ -$ 4*#0(*$ (V$-"$+#M/ 49%,m94(*$,9*#$c N 49%,(*#9*0(/,( '( $+"(*'9 $ %" (V9-"+#M/ +-./#+$7 D( '(:( *($-#S$* "/$ (;4-9*$+#M/ +-./#+$ +904-(,$ L $ P %(0$/$% 49%,(*#9* $- (8*(%9 39%4#,$-$*#9c p"( '(:( #/+-"#* "/ IEEc (/ +$%9 '( p"( /9 %( 3$N$ *($-#S$'9 4*(V#9 $- (8*(%97 I/ -9% 4$+#(/,(% +9/ 4*M,(%#% V$-V"-$* 0(+i/#+$c -$% V#%#,$% '( %(8"#0#(/,9 %( '(:(/ '( *($-#S$* (/ 19*0$ $/"$- 9 $/,(% (/ +$%9 /(+(%$*#9c *(p"(*#*i (+9+$*'#98*$0$c %# 3$N +$0:#9 (/ %" (%,$'9 +-./#+97 J$ ,(*$4#$ $/,#,*90:M,#+$ (%,i #/'#+$'$ (/ ,9'9% -9% 4$+#(/,(% +9/ (/1(*0('$' ,*#+X%4#'($ -9% +"$-(% 1"(*9/ %90(,#'9% $ +#*"8.$ +9**(+,#V$ 0('#$/,( 4-$%,#$ 9 4*M,(%#% :#9-M8#+$ 9 0(+i/#+$7 I/ 4$+#(/,(% +9/ 4*M,(%#% V$-V"-$* :#9-M8#+$ %( *(+90#(/'$ (- %(8"#0#(/,9 +9/ "/ I=FEE '( 19*0$ $/"$-c -9% 4*#0(*9% T $r9% '( +#*"8.$c (/ +$%9 '( /9 4*(%(/,$* +$0:#9 (/ %" (%,$'9 +-./#+97
I%,i #/'#+$'$ (/ ,9'9% -9% 4$+#(/,(% %90(,#'9% $ +#*"8.$ '( V$-V"-$* ,*#+X%4#'( +9/ 4*M,(%#% 0(+i/#+$ (- "%9 '( $/,#+9$8"-$/,(% 9*$-(% f+"0$*#/#+9%g 0$/,(/#(/'9 (@BH (/,*( L7T $ O7T7 J$ $'#+#M/ '( $%4#*#/$ ZT $ >\\ 085'.$ $ -$ 6$*1$*#/$ %( *(+90#(/'$ $ ,9'9% -9% 4$+#(/,(% +9/ 4*M,(%#% V$-V"-$*(% 0(+i/#+$% N (/ $p"(--9% 4$+#(/,(% +9/ 4*M,(%#% :#9-M8#+$% p"( ,#(/(/ 1$+,9*(% '( *#(%89 4$*$ ,*90:9%#%7 I/ /"(%,*9 0('#9 %( *(+90#(/'$ 0$/,(/(* @BH (/,*( O7T N P7\ $ -9% 4$+#(/,(% +9/ 4*M,(%#% V$-V"-$* 0#,*$- N ,*#+X%4#'($7 E9'9% -9% 4$+#(/,(% +9/ (/1(*0('$' '( -$ Vi-V"-$ ,*#+X%4#'( '#$8/9%,#+$'9% '(:(*i/ +9/,#/"$* -$ 4*91#-$;#% 4$*$ 1#(:*( *("0i,#+$ N (/'9+$*'#,#%7 ?( 19*0$ #'($- %( '(:( *($-#S$* "/$ (V$-"$+#M/ :$%$+904-(,$ $ -$% Y 0(%(% '(%4"U% '( -$ +#*"8.$7 J$ (V$-"$+#M/ '(:( #/+-"#* "/$ V$-9*$+#M/ +-./#+$c "/$ *$'#98*$1.$ '( ,M*$;c "/ I=!c "/$ (+9+$*'#98*$1.$ ,*$/%,9*i+#+$ N "/ $/i-#%#% '( %$/8*( (/ L„ /#V(- '( $,(/+#M/ 0U'#+$7 J$ $/,#+9$8"-$+#M/ 9*$- (%,i *(+90(/'$'$ '"*$/,( ,9'$ -$ V#'$ (/ ,9'9% -9% 4$+#(/,(% +9/ Vi-V"-$% 0(+i/#+$%7 D( *(+90#(/'$ "%9 '( $/,#+9$8"-$/,(% 9*$-(% '"*$/,( ,9'$ -$ V#'$ (/ -9% 4$+#(/,(% +9/ :#94*M,(%#% p"( ,#(/(/ 9,*9% 1$+,9*(% ,*90:98U/#+9%2 $**#,0#$% %"4*$V(/,*#+"-$*(%c #/%"1#+#(/+#$ +$*'#$+$ +9/ 1*$++#M/ '( (;4"-%#M/ z O\qc $/,(+('(/,(% '( (0:9-#%09 4*(V#9 N Q#:*#-$+#M/ $"*#+"-$*7 D( *(+90#(/'$ $ -9% 4$+#(/,(% +9/ :#94*9,(%#% 0$/,(/(*-9% $/,#+9$8"-$'9% +9/ +"0$*#/#+9% '"*$/,( -9% 4*#0(*9% O 0(%(% '(%4"U% '( -$ #/%(*+#M/ +9/ "/ @BH '( LcT7 N $ +9/,#/"$+#M/ $%4#*#/$ ZT $ >\\ 08 '#$*#9% (/ -9% 4$+#(/,( +9/ :$k9 *#(%89 '( ,*90:9(0:9-#%097 D( *(+90#(/'$ +9/,*9- '( $/,#+9$8"-$/,(% 49* -9 0(/9% "/$ V(S $- 0(%7 I/ -9% 4$+#(/,(% '( 0"N $-,9 *#(%89 %( '(:( (V#,$* -$ #/,(**"4+#M/ '( -$ $/,#+9$8"-$+#M/ %#(04*( p"( %($ 49%#:-(7 J9% 4$+#(/,(% p"( V$/ $ *(+#:#* "/$ #/,(*V(/+#M/ p"#*X*8#+$ 0$N9*c (/ -$ p"( -$ #/,(**"4+#M/ '( -$ $/,#+9$8"-$+#M/ %( +9/%#'(*$ (%(/+#$- f@BH z >cTgc '(:(/ %(* 39%4#,$-#S$'9% +9/ ,#(049 N %" ,*$,$0#(/,9 '(:( +$0:#$*%( $ 3(4$*#/$ /9 1*$++#9/$'$ #/,*$V(/9%$7 La
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-
J$ 3(4$*#/$ '(:( #/,(**"04#*%( Y 3 $/,(% '( -$ +#*"8.$ N *(%,$:-(+(*%( Ym>L 3*% '(%4"U%7 =909 $-,(*/$,#V$ %( 4"('( $'0#/#%,*$* 3(4$*#/$ '( :$k9 4(%9 09-(+"-$* 49* V.$ %":+",i/($ +909 4*(4$*$+#M/ 4*(94(*$,9*#$7 J$ $/,#+9$8"-$+#M/ (1(+,#V$ '(:( *(%,$:-(+(*%( -9 $/,(% 49%#:-( '(%4"U% '(4*9+('#0#(/,9 p"#*X*8#+97
?eAD ?I @B=A)A=@?A? IB ?FB?I )HF=I?A ="$/'9 (- 4$+#(/,( %($ %90(,#'9 $ +#*"8.$ V$-V"-$* '(:(*i '( %(* #/+$4$+#,$'97 D( *(+90#(/'$/ '( P\mY\ '.$%7
J9% 4$+#(/,(% +9/ 0#9+$*'#,#% $8"'$ 4*(%(/,$/ +909 $/,(+('(/,( (/ 3$%,$ Y\q %./,90$% *(-$+#9/$'9% $*(%1*#$'9 +90X/ N $,$p"( $- (%,$'9 8(/(*$-7 I/ -$ 0#9+$*'#,#% $8"'$ (- >aq '( -9% 4$+#(/,(% +"*%$/ +9/ 1#(:*( +909 0$/#1(%,$+#M/ #/#+#$-7 I- %#/+94( 9+"**( (/ (- Tq '( -9% 4$+#(/,(% +9/ 0#9+$*'#,#% $8"'$7 >T q '( -9% 4$+#(/,(% +9/ <#9+$*'#,#% $8"'$ (;4(*#0(/,$/ 1$,#8$ N '#%0#/"+#M/ '( -$ ,9-(*$/+#$ $(k(*+#+#97 I- +"$'*9 =-./#+9 '( <#9+$*'#,#% 4"('( +9/1"/'#*%( +9/ %./'*90( #%p"U0#+9 +9*9/$*#9 $8"'9 +9/ (V#'(/+#$ '( '$r9 0#9+i*'#+9 4(*9 /9 $,*#:"#:-( $ (/1(*0('$' $*,(*#$- +9*9/$*#$ (4#+$*'#+$7 I/ -9% 4$+#(/,(% +9/ <#9+$*'#,#% 1"-0#/$/,( 4"('(/ +9049*,$*%( +909 +39p"( +$*'#98U/#+9 +9/ '#%1"/+#M/ V(/,*#+"-$* $8"'$ %#/ (,#9-98.$ $4$*(/,(7 J9% 4$+#(/,(% +9/ <#9+$*'#,#% 4"('(/ ,$0:#U/ (;4*(%$*%( +9/ @/%"1#+#(/+#$ +$*'#$+$ $8"'$ 9 %":$8"'$ '( (,#9-98.$ /9 $4$*(/,(7 J$ @/%"1#+#(/+#$ +$*'#$+$ $%9+#$'$ $ $**#,0#$% V(/,*#+"-$*(% 9 :-9p"(9 +$*'#$+9c %"(-(/ %(* %#8/9% N %./,90$% 3$:#,"$-(% '(- +"$'*9 '( <#9+$*'#,#%7
#$'.&/0)$%+ 1 )*')'!$"&)+ #" !$+%'*#$)$0 '.3#' ,'*' "2 89: ;9 1 "2 <"* &$5"2 #" ')"&%$/& !=#$%'
?@A!BCDE@=F I- '#$8/M%,#+9 '( <#9+$*'#,#% (/ $'"-,9% 0$N9*(% '( >a $r9% %( %9%4(+3$ 49*2 <"(*,( %X:#,$ (/ $'"-,9% '( 0i% '( P\ $r9% N $,-(,$% kMV(/(% 4*(V#$0(/,( %$/9% fL\q '( -$% 0"(*,(% %X:#,$%g7 I/ -$ 0#9+$*'#,#% $8"'$ (- ZLq '( -9% 4$+#(/,(% +"*%$/ +9/ '#%/($ +909 0$/#1(%,$+#M/ +-./#+$7 I/ -$ 0#9+$*'#,#% $8"'$ (- OLq '( -9% 4$+#(/,(% +"*%$/ +9/ '9-9* ,9*i+#+9 +909 0$/#1(%,$+#M/ +-./#+$7
)HKI^AD ?@A!BCDE@=AD I- (-(+,*9+$*'#98*$0$ 4"('( 09%,*$* +$0:#9% #/(%4(+.1#+9% (/ -$ 9/'$ E 9 (/ (- %(80(/,9 DE7 I- (-(+,*9+$*'#98*$0$ 4"('( 09%,*$* 8*$'9% V$*#$:-(% '( :-9p"(9% $"*.+"-9mV(/,*#+"-$*(%7 I- (-(+,*9+$*'#98*$0$ 4"('( 09%,*$* -$ 4*(%(/+#$ '( 9/'$% xWy 4$,9-M8#+$%7 I- (-(+,*9+$*'#98*$0$ 4"('( 09%,*$* -$ 4*(%(/+#$ '( :-9p"(9% '( *$0$ '(*(+3$ 9 #Sp"#(*'$7 J$ 4*(%(/+#$ '( 9/'$% xWy 9 :-9p"(9% $V$/S$'9% '( *$0$ (/ "/ 4$+#(/,( +9/ 0#9+$*'#,#% $8"'$ %( $%9+#$ $ "/ *#(%89 (-(V$'9 '( 0"(*,(7
I/ -$ <#9+$*'#,#% $8"'$ >aq '( -9% +$%9% +"*%$/ $**#,0#$% N %(/%$+#M/ '( 4$-4#,$+#9/(%7 L[
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-
J9% 3$--$S89% (-(+,*9+$*'#98*i1#+9% 4"('(/ %(* %(0(k$/,(% $ -9% 9:%(*V$'9% (/ -9% %./'*90(% +9*9/$*#9% $8"'9% '(- 0#9+$*'#9 9 (/ -$ 4(*#+$*'#,#% F,*9% 3$--$S89% (-(+,*9+$*'#98*i1#+9% 4"('(/ #/+-"#* -$ 4*(%(/+#$ '( ,$p"#+$*'#$ %#/"%$- 9 $-,(*$+#9/(% '(#/,(*V$-9 WE7 =909 3$--$S89 (-(+,*9+$*'#98*i1#+9 4"('( (/+9/,*$*%( '(4*(%#M/ '(- %(80(/,9 )mW7 J9% /#V(-(% '( :#90$*+$'9*(% +$*'#$+9% +909 =n ,9,$-c =nm<^ M ,*949/#/$ @ 4"('(/ (/+9/,*$*%( (-(V$'9% (/ $-8"/9% 4$+#(/,(%7 J$ (-(V$+#M/ '( -9% :#90$*+$'9*(% +$*'#$+9% 4"('(/ %(* %(0(k$/,(% $ -9% 9:%(*V$'9% (/ -9% %./'*90(% +9*9/$*#9% $8"'9% '(- 0#9+$*'#9 9 (/ -$ 4(*#+$*'#,#%7 I- I+9+$*'#98*$0$ 4"('( 09%,*$* '#%,#/,9% 8*$'9% '( 3#49+#/(%#$ 8(/(*$-#S$'$7 I- I+9+$*'#98*$0$ 4"('( 09%,*$* '(**$0( )(*#+i*'#+97 J9% 4$+#(/,(% +9/ 0#9+$*'#,#% $8"'$ 1"-0#/$/,( 4"('(/ 09%,*$* '#0(/%#9/(% '#$%,M-#+$% '(- V(/,*.+"-9 #Sp"#(*'9 +(*+$/9 $ -9 /9*0$- 4(*9 +9/ #/+*(0(/,9 (/ (- 8*9%9* '(- %(4,"0 #/,(*V(/,*#+"-$*7 D( *(+90#(/'$ ",#-#S$* -9% *(%"-,$'9% '( -$ H7< 4$*$ 8"#$* (- -"8$* '9/'( %( ,90$*$ -$ ^I< -9 p"( $"0(/,$ (- /X0(*9 '( 49%#,#V9% 3$%,$ (/ "/ aTq7 K/$ 1"/+#M/ V(/,*#+"-$* '(*(+3$ '(4*#0#'$ (% "/ 4*('#+,9* #/'(4(/'#(/,( '( 0"(*,( 9 '( /(+(%#'$' '( ,*$%4-$/,( +$*'#$+9 (/ -$ 0#9+$*'#,#% $8"'$7 F,*9% 3$--$S89% (+9+$*'#98*i1#+9% 4"('(/ %(* '#%1"/+#M/ %#%,M-#+$c '#%1"/+#M/ '#$%,M-#+$ 9 $/9*0$-#'$'(% (/ -$ 09V#-#'$' %(80(/,$*#$ '(- V(/,*.+"-9 #Sp"#(*'97 J$ $*,(*#98*$1.$ +9*9/$*#$ +9/ 1*(+"(/+#$ *(V(-$ $"%(/+#$ '( (/1(*0('$' +9*9/$*#$ 9:%,*"+,#V$7 D( %"8#(*( *($-#S$* *(%9/$/+#$ <$8/U,#+$c +90:#/$/'9 +$4,$+#M/ ,(04*$/$ N ,$*'.$ '( !$'9-#/#9 +9/ #0i8(/(% p"( 0#'(/ -$ #/,(/%#'$' '( -$ %(r$- '(- 0#9+$*'#9 fELg7 J$ *(%9/$/+#$ 0$8/U,#+$ +9/ +9/,*$%,( (% "/$ 4*"(:$ X,#- (/ (- '#$8/M%,#+9 '( -$ 0#9+$*'#,#% $8"'$7
I/ -$ *(%9/$/+#$ 0$8/U,#+$ 4"('( (/+9/,*$*%( +$4,$+#M/ '(- +9/,*$%,( (/ 19*0$ 19+$- 9 8(/(*$-#S$'$ +909 '$,9% 49%#,#V9% (/ -$% 4*#0(*$% L %(0$/$% '( -$ 0#9+$*'#,#% $8"'$7 J$ $%9+#$+#M/ '( "/$ +$4,$+#M/ $/9*0$- 19+$- '( 8$'9-#/#9 (/ -$ *(%9/$/+#$ $%9+#$'$ $ "/$ $/9*0$-#'$' (/ -$ 09V#-#'$' *(8#9/$- (/ (- (+9+$*'#98*$0$ (-(V$ (V$-9* 4*('#+,#V9 '#$8/M%,#+9 '( 0#9+$*'#,#% $8"'$7 D( *(p"#(*( "/ (;$0(/ 3#%,9-M8#+9 '(- +9*$SM/ 0('#$/,( :#94%#$ (/'90#9+i*'#+$ 4$*$ +9/1#*0$* ('#$8/M%,#+9 '( 0#9+$*'#,#% $8"'$7 J$ :#94%#$ (/'90#9+$*'#+$ %( #/'#+$ (/ 4$+#(/,(% +9/ *(+#(/,( #/%,$-$+#M/ '( 1$--$ +$*'#$+$ fz L %(0$/$%g $%9+#$'9 $ '#0(/%#9/(% '(- V(/,*.+"-9 #Sp"#(*'9 /9*0$-(% 9 -#8(*$0(/,( '#-$,$'9% p"( 4*(%(/,$/ +904*90#%9 3(09'#/i0#+97 J$ :#94%#$ (/'90#9+$*'#+$ %( #/'#+$ (/ 4$+#(/,(% +9/ 1$--$ +$*'#$+$ '( L %(0$/$% $ O 0(%(% '( #/%,$-$+#M/ N +9/ '#0(/%#9/(% '(- V(/,*.+"-9 #Sp"#(*'9 '#-$,$'9%c p"( +"*%$/ +9/ $**#,0#$ V(/,*#+"-$* 9 8*$'9% %(V(*9% '( :-9p"(9 $"*.+"-9V(/,*#+"-$* 9 p"( /9 3$/ *(%49/'#'9 ,*$% '9% %(0$/$% '( ,*$,$0#(/,97 I% *(+90(/'$:-( *($-#S$* :#94%#$ (/'90#9+$*'#+$ (/ "/ 4$+#(/,( +9/ 1$--$ +$*'#$+$ '(%4"U% '( O 0(%(% '( #/%,$-$+#M/ +9/ '#0(/%#9/(% '(- V(/,*.+"-9 #Sp"#(*'9 '#-$,$'9%c p"( +"*%$/ +9/ $**#,0#$ V(/,*#+"-$* 9 8*$'9% %(V(*9% '( :-9p"(9 $"*.+"-9V(/,*#+"-$* 9 p"( /9 3$/ *(%49/'#'9 ,*$% '9% %(0$/$% '( ,*$,$0#(/,97 I% *(+90(/'$:-( *($-#S$* :#94%#$ (/'90#9+$*'#+$ (/ 4$+#(/,(% +9/ *(+#(/,( #/%,$-$+#M/ '( 1$--$ +$*'#$+$ fz L %(0$/$%g +9/ '#0(/%#9/(% '(- V(/,*.+"-9 #Sp"#(*'9 '#-$,$'9% 4(*9 %#/ $**#,0#$% V(/,*#+"-$*(% /# :-9p"(9% $"*.+"-9mV(/,*#+"-$*(% N p"( *(%49/'(/ 1$V9*$:-(0(/,( $ -$ ,(*$4#$ "%"$- (/ -$% 4*#0(*$% L %(0$/$%7 I% *(+90(/'$:-( *($-#S$* :#94%#$ (/'90#9+$*'#+$ (/ 4$+#(/,(% +9/ 1$--$ +$*'#$+$ #/(;4-#+$:-( '( v O 0(%(% '( #/%,$-$+#M/ $%9+#$'9 +9/ '#0(/%#9/(% '(- V(/,*.+"-9 #Sp"#(*'9 '#-$,$'9c %#/ $**#,0#$% V(/,*#+"-$*(% /# :-9p"(9% $"*.+"-9mV(/,*#+"-$*(% N p"( *(%49/'(/ 1$V9*$:-(0(/,( $ -$ ,(*$4#$ "%"$- (/ -$% 4*#0(*$% L %(0$/$%7 I% *(+90(/'$:-( *($-#S$* -$ :#94%#$ (/'90#9+$*'#+$ (/ -$% S9/$% +9/ +$4,$+#M/ $/9*0$- '( 8$'9-#/#9 (/ -$ *(%9/$/+#$ 0$8/U,#+$7 O\
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-
D( +9/%#'(*$/ P (-(0(/,9% 4*#/+#4$-(% 4$*$ +9/1#*0$* -$ 4*(%(/+#$ '( 0#9+$*'#,#% $8"'$2 R$--$S89% +-./#+9% *(-$+#9/$'9% +9/ '$r9 0#9+i*'#+9 *(+#(/,(c $/9*0$-#'$' (%,*"+,"*$- +$*'#$+$ (/ $"%(/+#$ '( (/1(*0('$' +9*9/$*#$c +$4,$+#M/ $/9*0$- *(8#9/$- 9 8-9:$- '( +9/,*$%,( (/ -$ *(%9/$/+#$ 0$8/U,#+$ N 4*(%(/+#$ '( +U-"-$% #/1-$0$,9*#$% #/1#-,*$,#V$% 9 8(/90$ V#*$- (/ -$ :#94%#$ (/'90#9+i*'#+$7
I- '#$8/M%,#+9 '( <#9+$*'#,#% %( (%,$:-(+( +9/ -$ '(09%,*$+#M/ '( $-8X/ ,#49 '( *(%4"(%,$ #/1-$0$,9*#$ +9/%#%,(/,( +9/ $-8X/ '#$8/M%,#+9 (,#9-M8#+9 f8*$/"-90$%c ,*$/%19*0$+#M/ +(-"-$*c #/1#-,*$'9 #/1-$0$,9*#9 (,+g7
D( *(+90#(/'$ $ -9% (%4(+.0(/(% 9:,(/#'9% 49* -$ :#94%#$ (/'9+$*'#+$ *($-#S$* 4*"(:$% #/0"/93#%,9-98#+$%c N )=H V#*$-7
D( '(:( '( +9/%(*V$* (- ,(k#'9 9:,(/#'9 49* :#94%#$ (/ 19*09- $- >\q $09*,#8"$'9 +9/ 19%1$,9%c (V#,$* -$ %9:*( 1#k$+#M/ 49* 0i% '( LP 3*%7 f(/0$%+$*$ -$ *($++#M/ $/,#8U/#+$ N -$% *($++#9/(% '( #/0"/93#%,9p".0#+$g7
?@A!BCDE@=F R@DEF)AEFJC!@=F J$ :#94%#$ (/'90#9+$*'#+$ (% (- 0U,9'9 0i% "%$'9 4$*$ (%,$:-(+(* (- '#$8/M%,#+9 '( <#9+$*'#,#% ",#-#S$/'9 (+*#,(*#9 3#%,9-M8#+9 '( ?$--$%7 I- '#$8/M%,#+9 %( (%,$:-(+( +9/ -$ 4*(%(/+#$ '( @/1#-,*$'9 #/1-$0$,9*#9 $%9+#$'9 $ '$r9 '( 0#9+#,9%7 !*"49% '( T 9 0i% -#/19+#,9% f4*#/+#4$-0(/,( -#/19+#,9% Eg M >P 9 0i% -#/19+#,9% 49* 00L '( ,(k#'9 0#9+i*'#+9c *(-$+#9/$'9% $ 0#9+#,9% +9/ +$0:#9% '(8(/(*$,#V9% N59 /(+*9%#%7 D#/ (0:$*89 -$ $"%(/+#$ '( +$0:#9% #/1-$0$,9*#9% (/ -$ :#94%#$ /9 '(%+$*,$ (- '#$8/M%,#+9 '( <#9+$*'#,#%c $/,( -$ 49%#:#-#'$' '( 3$:(* ,90$'9 -$ 0"(%,*$ '( ,(k#'9 /9 $1(+,$'97
D( +9/%#'(*$ p"( "/ 3$--$S89 /(8$,#V9 /9 '(%+$*,$ -$ (/1(*0('$'7
EHAEA<@IBEF
=FHE@=F@?ID J$% (V#'(/+#$% $+,"$-(%c /9 $49N$/ %" "%9 %#%,(0i,#+9c %(*.$ 4(*,#/(/,( p"( (- ,*$,$0#(/,9 1$*0$+9-M8#+9 1"(*$ 9,9*8$'9 '( $+"(*'9 $ (,#9-98.$ N (/ 1"/+#M/ $- ,#49 '( #/1-$0$+#M/ 0#9+i*'#+$7 D( *(+90#(/'$ "/$ V(S (%,$:-(+#'9 (- '#$8/M%,#+9 '( <#9+$*'#,#% (- 4$+#(/,( %( (/V#U $- O„ /#V(- 4$*$ ,*$,$0#(/,9 (%4(+#$-#S$'97 I%,i +9/,*$#/'#+$'9 (- "%9 '( (%,(*9#'(% (/ -9% 4$+#(/,(% (/ p"#(/ %( +"(/,$ +9/ (- '#$8/M%,#+9 '( #/1(++#M/ V#*$- '"*$/,( -$ 1$%( $8"'$7
J$ ,90$ '( :#94%#$ (/'90#9+$*'#+$ N -9% +*#,(*#9% 3#%,9-M8#+9% %":'#$8/9%,#+$/ 3$%,$ "/ OTq '( -9% 4$+#(/,(% +9/ <#9+$*'#,#%7
J$ $'0#/#%,*$+#M/ '( (%,(*9#'(% %( *(+90#(/'$ (/ :$%( $ $-8"/9% *(49*,(% '( +$%9%c (/ -9% +"$-(% %( 3$ 9:%(*V$'9c "/$ 0(k9*.$ +-./#+$ (%4(+,$+"-$*7
D( *(+90#(/'$ ,90$* 0"(%,*$ '(- ,(k#'9 *(4*(%(/,$,#V9 '( $+"(*'9 $2 H(%"-,$'9% '( H(%9/$/+#$ 0$8/U,#+$7 F:,(/(* 0"(%,*$% '(- ](/,*.+"-9 #Sp"#(*'9 fO '(%(4,"0c O '( -$ 4$*(' $/,(*#9* N O '( -$ 4$*(' 49%,(*9-$,(*$-g7
J$ ",#-#S$+#M/ '( ,*$,$0#(/,9 $/,#V#*$- '(:( %(* *(%(*V$'$ 4$*$ -9% 4$+#(/,(% (/ p"#(/ %( (/+"(/,*$ (V#*"% (/ -$ ^I< N %9-9 (/ +(/,*9% (%4(+#$-#S$'9%7
I/ +$%9 '( ,90$* :#94%#$ '(- V(/,*.+"-9 '(*(+39 9:,(/(* '( PmY 1*$80(/,9% '( ,(k#'9 '( :"(/ ,$0$r97
AsAE@F)H@BA
I- '#$8/M%,#+9 '( <#9+$*'#,#% %( (%,$:-(+( 49* -$ '(09%,*$+#M/ #/'#%+",#:-( N 4*(+#%$ '( $-8X/ $8(/,( (,#9-M8#+9 0('#$/,( 3#%,9-98.$c #/0"/93#%,9p".0#+$c :#9-98.$ 09-(+"-$* N 0#+*9%+94.$ (-(+,*M/#+$7 ]#*"%c 39/89%c :$+,(*#$%c 4*9,9S9$*#9%c 3(-0#/,9%7
J$% (V#'(/+#$% $+,"$-(%c /9 $49N$/ %" "%9 %#%,(0i,#+9c '$'9 (/ p"U 19*0$ +#(/,.1#+$c %(*.$ 4(*,#/(/,( p"( (,*$,$0#(/,9 1$*0$+9-M8#+9 1"(*$ 9,9*8$'9 '( $+"(*'9 $ (,#9-98.$ N (/ 1"/+#M/ $- ,#49 '( #/1-$0$+#M/ 0#9+i*'#+$7
O>
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-
D#/ (0:$*89 %( $'0#/#%,*$/ (/ :$%( $ *(49*,( '( +$%9%c (/ -9% +"$-(% %( 3$ 9:%(*V$'9c "/$ 0(k9*.$ +-./#+$ (%4(+,$+"-$*7
@BEIHQIHFB AJQA D( *(+90#(/'$ (- ,*$,$0#(/,9 $/,#V#*$- N (- (04-(9 '( #/,(*1(*9/ %9-9 49* 8*"49% +9/ (;4(*#(/+#$ (/ (- 0$/(k9 '( (%,9% 0('#+$0(/,9%7 D( *(+90#(/'$ $'0#/#%,*$* @/,(*1(*9/ A-1$ $ -9% 4$+#(/,(% p"( %( -(% '#$8/9%,#+9 (/,(*9V#*"%7
R@)IH@B
=@=JFQFDQA<@?A
J9% 4$+#(/,(% +9/ 0#9+$*'#,#% 4"('(/ ,(/(* *(+$.'$% 9 '(%$**9--$* +$*'#90#94$,.$ '#-$,$'$ (/ -9% 4*#0(*9% O $r9%7 ?"*$/,( (- %(8"#0#(/,9 (/ -9% -"8$*(% '9/'( %( +"(/,$ +9/ -9% *(+"*%9% %( '(:(*i *($-#S$* (;$0(/ +-./#+9 +$'$ O 0(%(% N -9% (%,"'#9% '( 8$:#/(,( +$'$ Y 0(%(% fIn!c H; '( E9*$;c I=FEEc (;i0(/(% '( -$:9*$,9*#9g7 J9% 4$+#(/,(% $ -9% p"( %( -(% '#$8/9%,#+9 0#9+$*'#,#% p"( (V9-"+#9/$/ $ '#%1"/+#M/ V(/,*#+"-$* %( -(% '(:(/ '$* "/ %(8"#0#(/,9 '( 49* -9 0(/9% ,*(% $r9%7 I- %(8"#0#(/,9 '( -9% 4$+#(/,(% +9/ 0#9+$*'#,#% '(:( %(* (/ "/#'$'(% '( %(8"/'9 N ,(*+(* /#V(- '( $,(/+#M/7
?eAD ?I @B=A)A=@?A? ?FB?I )HF=I?A D( *(+90#(/'$/ '( Zm>Ya '.$%7 D( *(+90#(/'$ '( LamTY '.$%7
J$ K,#-#S$+#M/ '( =#+-919%1$0#'$ (/ 4$+#(/,(% +9/ <#9+$*'#,#% 49* J"4"% 3$ '(09%,*$'9 0(k9*.$c +-./#+$ $%. +909 (- #/+*(0(/,9 '( -$ 1*$++#M/ '( (;4"-%#M/ '(V(/,*.+"-9 #Sp"#(*'97
=H@EIH@FD ?I HIQIHIB=@A A/,( -$ %9%4(+3$ '( <#9+$*'#,#% V#*$- $8"'$ '(:(*i (/V#$*%( (- 4$+#(/,( $ L„ N O„ /#V(- 4$*$ +9/1#*0$+#M/ '#$8/M%,#+$ N ,*$,$0#(/,97 I/ (- %(8"/'9 /#V(- '( $,(/+#M/ 0U'#+$ %( '(:(*i $49N$* $- >„ /#V(- (/ (- '#$8/M%,#+9 N ,*$,$0#(/,9c N '(:(*i '( +9/,#/"$* (- %(8"#0#(/,9 '( -9% 4$+#(/,(% +9/ '#$8/M%,#+9 9 %9%4(+3$ '( <#9+$*'#,#% 49* -9 0(/9% O $r9%7 I- ,(*+(* /#V(- '( $,(/+#M/ '(:(*i '( $49N$* $- >„ N L„ /#V(- (/ (- '#$8/M%,#+9c ,*$,$0#(/,9 N %(8"#0#(/,9 '( -9% 4$+#(/,(% +9/ ?#$8/M%,#+9 '( <#9+$*'#,#% ]#*$$8"'$7
]@!@JAB=@A G DI!K@<@IBEF OL
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-
I- ,*$,$0#(/,9 $/,#3#4(*,(/%#V9 (/ %"k(,9% ‚ a\ $r9% /9 '#%0#/"N( -$ 09*,$-#'$' ,9,$-7 I- 9:k(,#V9 '(- ,*$,$0#(/,9 (/ (- $/+#$/9 (% 0$/,(/(* "/$ (;4(+,$,#V$ '( V#'$ -#:*( '( '#%+$4$+#'$' N 0$;#0#S$* -$ +$-#'$' '( V#'$7 H('"++#9/(% '( T m Y 00 R8 '( -$ 4*(%#M/ $*,(*#$'#$%,M-#+$7 H('"+( -$ 09*:#09*,$-#'$' +$*'#9V$%+"-$* %( %"8#(*( /#V(-(% '( EA z>P\ 5 [\7 )9* +$'$ >\ n8 '( 4(%9 49* $**#:$ '(- 4(%9 #'($- %( #/+*(0(/,$ -$ 4*(%#M/ $*,(*#$- %#%,M-#+$ '( L m O 00R8 N (/ > m L 00R8 -$ '#$%,M-#+$7 I% +9/V(/#(/,( 0$/,(/(* "/ ./'#+( '( 0$%$ +9*49*$- '( L\ m LT |850L7 I/ 4$+#(/,(% p"( 3$/ %"1*#'9 #+,"% 9 "/ (4#%9'#9 #%p"U0#+9 +(*(:*$- ,*$/%#,9*#9 (- +9/,*9- '( -$ 4*(%#M/ $*,(*#$- '#%0#/"N( -$ 49%#:#-#'$' '( /"(V9% (4#%9'#9%c (%,9 (% +9/%(+"(/+#$ '( '#%0#/"+#M/ '( -$ 4*(%#M/ %#%,M-#+$7 I- ,*$,$0#(/,9 (/ 09/9,(*$4#$ +9/ "/ '#"*U,#+9 *('"+( (- *#(%89 '( "/ /"(V9 #+,"% N 9,*9% (4#%9'#9% V$%+"-$*(%7 J9% #/3#:#'9*(% '( -$ (/S#0$ +9/V(*,#'9* '( $/8#9,(/%#/$ (/ 09/9,(*$4#$ *('"+(/ (- *#(%89 '( #/1$*,9 '( 0#9+$*'#97 J9% :(,$:-9p"('9*(% /9 3$/ 09%,*$'9 :(/(1#+#9% (/ 4*(V(/+#M/ %(+"/'$*#$ '( #+,"%7
>$,"*)"&0$/& '*)"*$'2 "& "2 '#32)+
)HI]IB=@CB )H@
I/ "/ 4$+#(/,( p"( 3$ %"1*#'9 "/ #+,"% #%p"U0#+9 9 $,$p"( #%p"U0#+9 ,*$/%#,9*#9c "/$ V(S (%,$:#-#S$'9c %( '(:(/ '#%0#/"#* 4*98*(%#V$0(/,( -$% +#1*$% '( 4*(%#M/ $*,(*#$- +9/ (- 9:k(,#V9 '( 0$/,(/(* +#1*$% 49* '(:$k9 '( >O\5a\ 00R8c %#(/'9 M4,#0$% 49* '(:$k9 '( >L\5a\ 00R87 ?(4(/'#(/'9 '( -$ ,9-(*$/+#$ 9 '( -$% (/1(*0('$'(% +9/+90#,$/,(% '(- 4$+#(/,(c %( '(:( +9/%#'(*$* (,*$,$0#(/,9 (/ 09/9,(*$4#$ +9/ '#"*U,#+9%c #/3#:#'9*(% '(- (/S#0$ +9/V(*,#'9* '( $/8#9,(/%#/$ 9 $/,$89/#%,$% '( -$ $/8#9,(/%#/$ @@7 I- (;+(%9 '( %$- (/ -$ '#(,$ #/+*(0(/,$ -$ 4*(%#M/ $*,(*#$- %#%,U0#+$7 J$% #/'#+$+#9/(% 4$*$ +$0:#9% (/ (- (%,#-9 '( V#'$ '(:(/ '( %(* V$-9*$'$% (/ (- (/,9*/9 %9+#9 m (+9/M0#+9 '(4$+#(/,(7
OO
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-
J$% #/'#+$+#9/(% ,(*$4U",#+$% (/ (- $/+#$/9 '(:(/ '( %(* V$-9*$'$% '( $+"(*'9 $- :(/(1#+#9 ,(*$4U",#+95 4(*k"#+#9 (/ -$ +$-#'$' '( V#'$7
*(+90#(/'$ :"%+$* (/ 19*0$ $+"%#9%$ (- '$r9 $ M*8$/9 :-$/+9 fE$:-$ Lc A/(;9 Og7
I% +9/V(/#(/,( -$ *('"++#M/ (/ -$ #/8(%,$ '( %9'#9 $ L7T m O 8*5'.$7 D( *(+90#(/'$ -$ #/8(%,$ '( T $ Z 49*+#9/(% '( 1*",$% N59 V(*'"*$% 49* '.$7
)HKI^AD ?@A!BCDE@=AD I- '#$8/M%,#+9 '( 3#4(*,(/%#M/ $*,(*#$- (% 0i% (1(+,#V$ +"$/'9 %( *($-#S$ (/ ,9'9% -9% 4$+#(/,(% p"( :"%+$/ $,(/+#M/ 0U'#+$ 49* +"$-p"#(* 4$,9-98.$7
D( *(+90#(/'$ -#0#,$* (- +9/%"09 '( $-+939- $ O "/#'$'(% 5'.$ 4$*$ 390:*(% N L "/#'$'(% 5 '.$ 4$*$ 0"k(*(%7 D( %"8#(*( (k(*+#+#9 $(*M:#+9 ‚ O\ 0#/",9% 5 39*$ $0(/9% ,*(% V(+(% 49* %(0$/$7 K/ +"$*,9 '( -9% 4$+#(/,(% p"( I (;4(*#0(/,$/ 0X-,#4-(% #/,(*V(/+#9/(% (/ (- (%,#-9 '( V#'$ *('"+(/ $4*9;#0$'$0(/,( >\ 00 R8 9 0i% '( -$ 4*(%#M/ %#%,M-#+$7
)HI]IB=@CB DI=KB?AH@A ?IEI==@CB )HKI^AD ?I ?IEI==@CB ID)I=eQ@=A F QA=EFHID ?I H@ID!F
I% +9/V(/#(/,( (- (%+*",#/#9 '( -$ 3#4(*,(/%#M/ $*,(*#$- $ ,*$VU% '( -$ ,90$ 4(*#M'#+$ '( -$ 4*(%#M/ $*,(*#$0('#$/,( -$ '(,(++#M/ 949*,"/$ (/ -$ +9/%"-,$ 0U'#+$7 J$ 0('#+#M/ (%,i/'$* +9/ (- (%1#8090$/M0(,*9 (/ -$ 4*i+,#+$ +-./#+$ 3$:#,"$- (% -$ 4*"(:$ '( (%+*",#/#9 '( (-(++#M/7 J$ (%,$/'$*#S$+#M/ '(- 4*9+('#0#(/,9 4$*$ -$ 0('#+#M/ '( -$ 4*(%#M/ $*,(*#$- (% (%(/+#$-7 I% 4*(1(*#:-( p"( -$% '(,(*0#/$+#9/(% '( -$ 4*(%#M/ $*,(*#$- (/ -$% "/#'$'(% '( %$-"' %($ *($-#S$'9 49* (4(*%9/$- +$4$+#,$'97 I- "%9 *",#/$*#9 '( 09/#,9*(9 $0:"-$,9*#9 $",90$,#S$'9 '( -$ 4*(%#M/ $*,(*#$-c 9 (- 09/#,9*(9 '90#+#-#$*#9 (/ $,(/+#M/ 4*#0$*#$c /9 %( *(+90#(/'$ 49*p"( %" V$-9* /9 3$ %#'9 $'(+"$'$0(/,( (%,$:-(+#'97 I- "%9 $4*94#$'9 (/ $,(/+#M/ 4*#0$*#$ (% "/ 4"/,9 4$*$ #/V(%,#8$+#9/(% $'#+#9/$-(%7
B9 %( 3$ (%,$:-(+#'9 "/$ *(-$+#M/ '#*(+,$ (/,*( (#/+*(0(/,9 '( -$ 4*(%#M/ $*,(*#$- N (- 3i:#,9 ,$:ip"#+97
A ,9'9 4$+#(/,( +9/ %9%4(+3$ '( R#4(*$-'9%,(*9/#%09 %( '(:( 4*$+,#+$* -$ 4*"(:$ '( -$ *(-$+#M/ '( -$ $+,#V#'$' 4-$%0i,#+$ '( *(/#/$5 $-'9%,(*9/$7
I;#%,( +-$*$ (V#'(/+#$ '( -$ *(-$+#M/ (/,*( (- 3i:#,9 ,$:ip"#+9 +9/ -$% (/1(*0('$'(% +$*'#9V$%+"-$*(% N 4"-09/$*(%7
K/$ *(-$+#M/ '( -$ $+,#V#'$' 4-$%0i,#+$ '( *(/#/$ 5 $-'9%,(*9/$ 0$N9* $ O\ %"8#(*( (- '#$8/M%,#+9 '( R#4(*$-'9%,(*9/#%097
J$ (V#'(/+#$ (/ 4$+#(/,(% 3#4(*,(/%9% '#$:U,#+9% +9/ 0#+*9$-:"0#/"*#$ 9 4*9,(#/"*#$ %9:*( -9% :(/(1#+#9% '( '#%0#/"#* -$ 4*(%#M/ $*,(*#$- 3$%,$ +#1*$% #/1(*#9*(% $ -$% *(+90(/'$'$% (/ 49:-$+#M/ 8(/(*$- (% (%+$%$ N /9 -98*$ '(09%,*$* *('"++#9/(% (/ -$ <9*:# 09*,$-#'$' =$*'#9V$%+"-$*7
J$ 0('#+#M/ '( >a 3#'*9;#+9*,#+9%,(*9/$ (/ 4-$%0$ 49* $**#:$ '( V$-9*(% /9*0$-(% %"8#(*( (- '#$8/M%,#+9 '( R#4(*$-'9%,(*9/#%097
J$ '(,(*0#/$+#M/ '( 8-"+9%$ %U*#+$ N 4(*1#- '( -.4#'9% $N"'$/ $ '(1#/#* (/ 19*0$ 0i% $+"+#9%$ (- *#(%89 +$*'#9V$%+"-$*7 J$ 3#4(*|$-(0#$ 4"('( #/'#+$* '$r9 *(/$-c -$ 3#49|$-(0#$ %"8#(*( $-'9%,(*9/#%09c 3#4(*,#*9#'#%09 9 "%9 '( '#"*U,#+9%7 I/ -9% 4$+#(/,(% $/+#$/9% %(
="$/'9 %( %9%4(+3$ Q(9+*909+#,90$ (- 4*#0(* 4$%9 4$*$ (%,$:-(+(* (- '#$8/M%,#+9 (% '(,(*0#/$* -9% /#V(-(% %U*#+9% N "*#/$*#9% '( +$,(+9-$0#/$%7 A ,9'9 4$+#(/,( +9/ %9%4(+3$ '( 1(9+*909+#,90$ %( '(:( '(,(*0#/$* -9% /#V(-(% %U*#+9% N "*#/$*#9% '( +$,(+9-$0#/$%7 K/$ 4*"(:$ 49%#,#V$ /9 %#(04*( %"8#(*( -$ 4*(%(/+#$ '( 1(9+*909+#,90$c N$ p"( '#1(*(/,(% +9/'#+#9/(% 4"('(/ (-(V$* -9% /#V(-(% '( (%,$% %"%,$/+#$%c (- 4$+#(/,( '(:( OP
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-
%(* %90(,#'9 $ (%,"'#9% '( #0$8(/c -$ *(%9/$/+#$ 0$8/U,#+$ N -$ ,9098*$1.$ +904",$'$ $:'90#/$- ,#(/( $-,$ %(/%#:#-#'$' 4$*$ '(,(+,$* /M'"-9% '( 0i% '( > +0 (/ -$ 0('"-$ $'*(/$-7 J9% 4$+#(/,(% +9/ (-(V$+#M/ '( 0(,$/(1*#/$% %U*#+$% N59 "*#/$*#$% '(:(/ %(* (%,"'#$'9% +9/ #0i8(/(% '( *(%9/$/+#$ 0$8/U,#+$ 9 ,9098*$1.$ $:'90#/$-7
J9% :(,$ :-9p"($'9*(% /9 '(:(/ 4*(1(*#*%( +909 "/$ ,(*$4#$ #/#+#$-c %#/ (0:$*89 '(:( +9/%#'(*$*%( %" ",#-#S$+#M/ (/ 4$+#(/,(% kMV(/(% +9/ #/,9-(*$/+#$ 9 +9/,*$#/'#+$+#M/ $ @/3#:#'9*(% '( I=Ac 0"k(*(% (/ ('$' 1U*,#- N 4(*%9/$% +9/ $+,#V#'$' %#04i,#+$ $"0(/,$'$7 D# (- ,*$,$0#(/,9 #/#+#$- 1"( +9/ :(,$ :-9p"($'9* N %( *(p"#(*( '( $8*(8$* "/ %(8"/'9 1i*0$+9c %( %"8#(*( $8*(8$* "/ +$-+#9 $/,$89/#%,$ %9:*( -$% ,#$S#'$% 4$*$ *('"+#* (- *#(%89 '( '(%$**9--$* '#$:(,(% 0(--#,"%7
EHAEA<@IBEF EHAEA<@IBEF QAH
Y\5>\\ 00R8c $%. +909 (/ 4$+#(/,(% +9/ 4*(%#M/ $*,(*#$‚>P\5[\ +9/ (-(V$'9 *#(%89 +$*'#9V$%+"-$* 9 +9/ '$r9 $ M*8$/9 :-$/+9c f ,$:-$ L g 7 I- ,*$,$0#(/,9 $/,#3#4(*,(/%#V9 $49*,$ "/ (1(+,9 :(/U1#+9 (/,*( -9% 4$+#(/,(% +9/ $/,(+('(/,(% '( IV(/,9 +(*(:*9V$%+"-$* f#%p"U0#+9 9 3(09**i8#+9g N %" 0$8/#,"' (% 4*949*+#9/$- $ -$ *('"++#M/ '( -$ 4*(%#M/ $*,(*#$-7 J$ +90:#/$+#M/ '( @I=A ~ '#"*U,#+9 *('"+( (/ "/ POq (I]= fOYq 4$*$ #%p"U0#+9% N ZYq 4$*$ 3(09**i8#+9%7
J9% 4$+#(/,(% 0$N9*(% '( a\ $r9% '(:(/ *(+#:#* (0#%09 ,*$,$0#(/,9 1$*0$+9-M8#+9 p"( -9% 4$+#(/,(% 0$N9*(% '( TT $r9%c +9/%#'(*$/'9 %#(04*( -$ 4*(%(/+#$ '( +909*:#-#'$' N 49-#1$*0$+#$7 ="$/'9 %($ 49%#:-( %( *(+90#(/'$ (- ,*$,$0#(/,9 +9/ 1i*0$+9% p"( 4"('$/ %(* $'0#/#%,*$'9% (/ "/$ %9-$ '9%#%7 J9% '#"*U,#+9% '(- ,#49 '( -$% ,#$S#'$%c %( *(+90#(/'$/ +909 ,(*$4#$ '( 4*#0(*$ -./($ (/ (- $'"-,9 0$N9* +9/ 3#4(*,(/%#M/ $*,(*#$-7 I/ 4$+#(/,(% 3#4(*,(/%9% +9/ '#$:(,(% 0(--#,"%c (,*$,$0#(/,9 $/,#3#4(*,(/%#V9 *('"+( (- *#(%89 '( /("*94$,.$7 I/ 4$+#(/,(% +9/ 3#4(*,(/%#M/ $*,(*#$- N '#$:(,(% 0(--#,"%c %( 9:,#(/( "/$ 0$N9* *('"++#M/ (/ (- *#(%89 '( (V(/,9% +$*'#9V$%+"-$*(% +9/ +#1*$% ,(/%#9/$-(% z>O\5a\ 00R87
I;#%,( +9/,*9V(*%#$ (/ -9% :(/(1#+#9% '( *('"+#* -9% /#V(-(% '( 4*(%#M/ $*,(*#$- (/ (- I]= $8"'97f A-89*#,09 O7g
D( *(+90#(/'$ +909 9*'(/ '( 4*(1(*(/+#$ (/ -$ %(-(++#M/ '( $/,#3#4(*,(/%#V9%c (/ (/1(*09% +9/ '#$:(,(% ,#49 @c 4*9,(#/"*#$ N '#%1"/+#M/ V(/,*#+"-$* +909 4*#0(*$ -./($ $ -9% @/3#:#'9*(% '( I=A7
K%$* $/,#4(*,(/%#V9% 4$*(/,(*$-(% '( $++#M/ +9*,$ (/ +$%9 '( EA 0$N9* LL\5>L\ 00R8 N %#/,90$,9-98.$ $8"'$7
I/ 4$+#(/,(% 3#4(*,(/%9% +9/ +$*'#94$,.$ #%p"U0#+$ %( *(+90#(/'$ 0$/,(/(* +#1*$% '( 4*(%#M/ $*,(*#$- z >O\5a\ 00R87
J$ ,(*$4#$ +9/ '#"*U,#+9% ,#$S#'$% *('"+( -$ #/+#'(/+#$ '( (/1(*0('$' V$%+"-$* +(*(:*$-c (/1(*0('$' +$*'#9V$%+"-$* N 09*,$-#'$' 8(/(*$-c (/ 4$*,#+"-$* (/ 4$+#(/,(% 0$N9*(%7
I/ 4$+#(/,(% +9/ 3#4(*,(/%#M/ $*,(*#$- ( #/%"1#+#(/+#$ *(/$-c (/ $"%(/+#$ '( (%,(/9%#% '( -$ $*,(*#$ *(/$-c (,*$,$0#(/,9 '( (-(++#M/ (% +9/ @/3#:#'9*(% '( I=A7
I/ 4$+#(/,(% 3#4(*,(/%9% ‚ TT $r9% '(:( #/#+#$*%( (,*$,$0#(/,9 1$*0$+9-M8#+9 +9/ "/ '#"*U,#+9 ,#$S#'$ 9 "/ +$-+#9 $/,$89/#%,$7
I/ 4$+#(/,(% p"( 4*(%(/,(/ "/ $'(+"$'9 +9/,*9- '( -$ 4*(%#M/ $*,(*#$- fz>P\5[\ 00R8g +9/ "/ *U8#0(/ p"( #/+-"N$ "/ :(,$ m :-9p"($'9* ",#-#S$'9 49* -$*89 ,#(049c /9 3$N "/$ /(+(%#'$' $:%9-",$ '( *((04-$S$* (- :(,$ m :-9p"($'9*7 OT
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-
="$/'9 %( *(,#*$ "/ :(,$ :-9p"($'9* '(- (%p"(0$ ,(*$4U",#+9c '(:( *($-#S$*%( '( 0$/(*$ 4*98*(%#V$7 J9% :(,$m:-9p"($'9*(% /9 '(:(/ %(* *(,#*$'9% (/ $p"(--9% 4$+#(/,(% p"( ,#(/(/ #/'#+$+#M/ $:%9-",$ fV787 A/8#/$ '( 4(+39 ( #/1$*,9 0#9+i*'#+9g7 I/ -9% 4$+#(/,(% +9/ Q(9+*909+#,90$ (- 9:k(,#V9 '(,*$,$0#(/,9 (% (- +9/,*9- '( -$ ,(/%#M/ $*,(*#$- N -$ (;4$/%#M/ '(- V9-"0(/c -9% $8(/,(% :-9p"($'9*(% $-1$ +909 (- 4*$S9+#/c -9% +$-+#9 $/,$89/#%,$% N -9% :(,$ :-9p"($'9*(%7 E9'9% -9% 4$+#(/,(% +9/ %9%4(+3$ '( 1(9+*909+#,90$ '(:(/ *(+#:#* ,*$,$0#(/,9 4$*$ (- +9/,*9- '( -$% +#1*$% '( ,(/%#M/ $*,(*#$- 0#(/,*$% %( '(1#/( (- '#$8/M%,#+9 N %( '$ ,*$,$0#(/,9 '(1#/#,#V9 p"#*X*8#+97
EHAEA<@IBEF BF QAH
I% +9/V(/#(/,( *($-#S$* (k(*+#+#9 $(*M:#+9 '( O\ m Y\ 0#/7c $- 0(/9% '( O $ T '.$% $ -$ %(0$/$ f=$0#/$*c ,*9,$*c +#+-#%09c $(*9:#+% 9 /$,$+#M/g7 I- (k(*+#+#9 '( *(%#%,(/+#$ #%90U,*#+$ +9/,*$++#M/ (0"%+"-9 %#/ +$0:#$* %" -9/8#,"' V787 -(V$/,$0#(/,9 '( 4(%$%7 /9 '(:(/ %(* *(+90(/'$'9 $ -9% 4$+#(/,(% 3#4(*,(/%9%7 I/ 4$+#(/,(% +9/ %9:*(4(%9 N 9:(%#'$'c (% (%4(*$:-( "/ '(%+(/%9 '( > 00R8 (/ -$ 4*(%#M/ $*,(*#$- 49* +$'$ |#-9 '( 4(%9 *('"+#'97 J$ '#(,$ %$-"'$:-( N :$k$ (/ +$-9*.$% ,#(/( "/ (1(+,9 09'(%,9 (/ -$ *('"++#M/ '( -$ 4*(%#M/ $*,(*#$- (/ (4$+#(/,( 9:(%9 +9/ "/ '(%+(/%9 (/ -$ 4*(%#M/ %#%,M-#+$ N '#$%,M-#+$ '( T m Y 00R87 D( (%,#0$ p"( "/$ *('"++#M/ '( P m a q '(- 4(%9 4"('(/ '#%0#/"#* -$ 4*(%#M/ $*,(*#$- %#%,M-#+$ N '#$%,M-#+$ '( O m T 00R8 (/ 4$+#(/,(% +9/ %9:*(4(%9 N 9:(%#'$'7 fe/'#+( '( 0$%$ +9*49*$- v LT n850Lg7 J$ '#%0#/"+#M/ '(- 4(%9 (/ -9% 4$+#(/,(% 3#4(*,(/%9% +9/,*#:"N( $ '#%0#/"#* -$ /(+(%#'$' '( ,*$,$0#(/,9 1$*0$+9-M8#+9 $/,#3#4(*,(/%#V97 J9% 4$+#(/,(% 3#4(*,(/%9% :(:('9*(% '(:(/ *(+#:#* +9/%(k9 4$*$ *('"+#* (- +9/%"09 '( $-+939-7 I- 9:k(,#V9 (% *('"+#* $- 0(/9% (- Y\q '( -$ #/8(%,$ #/#+#$-7 I- +9/%"09 (;+(%#V9 '( +$1U fv T ,$%$% $- '.$g #/+*(0(/,$ -$ 4*(%#M/ $*,(*#$- '( > $ L 00R8c ,$/,9 (/ 4$+#(/,(% 3#4(*,(/%9% +909 /9 3#4(*,(/%9%7 I/ R#4(*$-'9%,(*9/#%09 4*#0$*#9 -$ (;,#*4$+#M/ '($'(/90$ '#%0#/"N( -$% +#1*$% '( ,(/%#M/ $*,(*#$%#8/#1#+$,#V$0(/,(7 I/ -9% 4$+#(/,(% +9/ A-'9%,(*9/#%09 4*#0$*#9 +9/ $'(/90$ :#(/ '(1#/#'9 '(:(/ %90(,(*%( $ (;,#*4$+#M/ p"#*X*8#+$ 49* V.$ -$4$*9%+94#+$ %# %( +"(/,$ +9/ (%,( *(+"*%97 K/$ V(S '(,(+,$'9 (- 1(9+*909+#,90$ (- ,*$,$0#(/,9 (1#+$S (% -$ *(%(++#M/ '(- 0#%097 J9% 4$+#(/,(% +9/ 1(9+*909+#,90$ N$ '#$8/9%,#+$'9 '(:(/ %90(,(*%( $ (;,#*4$+#M/ p"#*X*8#+$7
I- (k(*+#+#9 $(*M:#+9 '#%0#/"N( -$ 4*(%#M/ $*,(*#$%#%,M-#+$ N '#$%,M-#+$ '( L $ O 00R87 OY
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-
=H@EIH@FD ?I HIQIHIB=@A G =FBEHAHHIQIHIB=@A
4*(%(/,$ /"(V$0(/,( '(%+9/,*9- 8*$V( '( -$ ,(/%#M/ $*,(*#$-7
I/ -$% +-./#+$% 0U'#+$% '( 4*#0(* /#V(- p"( /9 +"(/,(/ +9/ -$ #/1*$(%,*"+,"*$ %"1#+#(/,( 4$*$ (- +"04-#0#(/,9 '( -$% *(+90(/'$+#9/(% '( -$ 4*(%(/,( 8".$c '(:(*i/c (/ -9% ,U*0#/9% '( -$ *(8#9/$-#S$+#M/ '( -9% %(*V#+#9% N -9% -#/($0#(/,9% '(-(8$+#9/$-(% (/ -$ 0$,(*#$c *(1(*#* $4$+#(/,( 4$*$ %" $,(/+#M/ $ 9,*$ "/#'$' '( 0$N9* +$4$+#'$' '( *(%9-"+#M/7
]@!@JAB=@A G DI!K@<@IBEF
A/,( -$ %9%4(+3$ '( 3#4(*,(/%#M/ %(+"/'$*#$ (- 4$+#(/,( '(:( %(* *(1(*#'9 $ %(8"/'9 /#V(- 4$*$ (V$-"$+#M/ +904-(,$ 49* (- %(*V#+#9 +9**(%49/'#(/,(7 I/ -9% 4$+#(/,(% p"( *(p"#(*(/ "/ +"$*,9 1i*0$+9 4$*$ (- +9/,*9- '( %" 4*(%#M/ $*,(*#$- N ,#(/(/ +*#,(*#9% +-./#+9% '( %9%4(+3$ '( R#4(*,(/%#M/ $*,(*#$- %(+"/'$*#$ (/V#$* $- %(8"/'9 /#V(- '( $,(/+#M/ 0U'#+$7 I/V#$* $ ,(*+(* /#V(- -9% 4$+#(/,(% +9/ R#4(*,(/%#M/ %(+"/'$*#$ 4$*$ +904-(,$* '#$8/M%,#+9 N ,*$,$0#(/,9 (/ -9% +$%9% p"( /9 %( +"(/,( +9/ (- *(+"*%9 ,(+/9-M8#+9 9 3"0$/97
J$ 0('#+#M/ '( -$ 4*(%#M/ $*,(*#$- %#%,U0#+$ '(:( (1(+,"$*%( 4(*#M'#+$0(/,(7 D( *(+90#(/'$ -$ 0('#+#M/ '( -$ ,(/%#M/ $*,(*#$- 49* -9 0(/9% "/$ V(S $- 0(% (/ -$% "/#'$'(% '( 4*#0(* /#V('( $,(/+#M/ 9 0('#+#/$ '( 1$0#-#$7 D( *(+90#(/'$ +#,$ '( +9/,*9- (/ (- %(8"/'9 9 ,(*+(* /#V(- '( $,(/+#M/ 0./#09 "/$ V(S $- $r97
E@I<)F IDE@
J$ +9/1#*0$+#M/ '#$8/M%,#+$ '(- 3#4(*$-'9%,(*9/#%09 *(p"#(*( 4*"(:$% $-,$0(/,( %(/%#:-(% N (%4(+.1#+$% +909 0('#+#M/ '( -$ $+,#V#'$' 4-$%0i,#+$ $-'9%,(*9/$ 5 *(/#/$ p"( ,#(/( "/$ $-,$ %(/%#:#-#'$'c 4*"(:$ '( %"4*(%#M/ %$-#/$ 4$*$ '(,(*0#/$* /#V(-(% '( $-'9%,(*9/$ (/ 9*#/$ '( LP 39*$%c 0('#+#M/ '( >a 3#'*9;#+9*,#+9%,(*9/$c (%,"'#9% '( #0$8(/ N 0('#+#M/ %(-(+,#V$ (/ V(/$% $'*(/$-(%7 J9% 4$+#(/,(% +9/ %9%4(+3$ +-./#+$ '(:(*i/ '( %(* (V$-"$'9% +9/ 4*"(:$% '#$8/M%,#+$% (%4(+#$-#S$'$% (/ %(8"/'9 N 4*#/+#4$-0(/,( (/ ,(*+(* /#V(- '( $,(/+#M/
=H@EIH@FD Ed=B@=F
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-
IV#,$* 3$+#/$0#(/,9%w $:*#8$*%( $'(+"$'$ 0(/,( N (V#,$* +$0:#9% :*"%+9% '( ,(04(*$,"*$7 F*#(/,$* $ -$ 49:-$+#M/ 4$*$ p"( (V#,( (- +9/,$+,9 '#*(+,9 f%$-"'9%c $:*$S9%c :(%9%g +9/ 4(*%9/$% (/1(*0$%7 I;#%,( 0$N9* *#(%89 '( +9/,*$(* 1$*#/89 $0#8'$-.,#% 49* I^R!A (/ ,(049*$'$ '( --"V#$ N (/ #/V#(*/97
)HF
)HI]IB=@CB DI=KB?AH@A )AHA IDEHI)EF=F=F ^IEA RI
?@A!BFDE@=F
4$"?*" *"3!6)$%'
I;#%,( 0$N9* *#(%89 '( +9/,*$(* 1$*#/89 $0#8'$-.,#% 49* I^R!A (/ ,(049*$'$ '( --"V#$ N (/ #/V#(*/97
I/V#$* -$ 0"(%,*$ (/ 0('#9 '( ,*$/%49*,( =$*N ^-$#* f+-9*"*9 '( %9'#9 T7\ 85>c ,#98-#+9-$,9 '( %9'#9 >7T 85>c 19%1$,9 '#%M'#+9 >7> 85>c +-9*"*9 '( +$-+#9 \7\[ 85>c $8$* /X0(*9 sc T7Tc 4R a7P ~5m F7s $ sTb=g 9 0('#9 '( ,*$/%49*,( A0#(% f+-9*"*9 '( %9'#9 O7\ 85>c +-9*"*9 '( 49,$%#9 F7s 85>c +-9*"*9 '( +i-+#9 \7> 85>c +-9*"*9 '( 0$8/U%#9 \7> 85>c 19%1$,9 09/949,i%#+9 F7s 85>c 19%1$,9 '#%M'#+9 >7>T 85>c ,#98-#+9-$,9 '( %M'#9 >7\ 85>c +$*:M/ >\ 85>c $8$* P 85>g 4$*$ %#(0:*$ (/ 4-$+$ '( $8$* %$/8*( '( +9*'(*9 $- Tq (/ -$% 4*#0(*$% '9% 39*$% '( -$ ,90$ '( 0"(%,*$ N '( 4*(1(*(/+#$ p"( /9 4$%( '( LP 39*$%7 J$% 4*"(:$% *i4#'$% '( (%,*(4,9+9+9 :(,$ 3(09-.,#+9 '(- 8*"49 A %( 9:,#(/(/ (/ '#(S 0#/",9%w %" %(/%#:#-#'$' N (%4(+#1#+#'$' %9/ V$*#$:-(% N %9/ *(+"*%9% '( $-,9 +9%,97 Oa
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-
EHAEA<@IBEF )AHA IDEHI)EF=F=F ^IEA RI
\ '.$%c I/ $'"-,9%2 4(/#+#-#/$ ]c V.$ 9*$-c $ '9%#% '( T\\ 08 '9% V(+(% $- '.$ 49* >\ '.$%7 I- ,*$,$0#(/,9 4$*$ -$ 1$*#/89$0#8'$-.,#% 49* I^R!A (/ -9% /#r9% '( 0(/9% '( L\ |8 '( 4(%9 +9*49*$- (%2 4(/#+#-#/$ ! :(/S$,./#+$c Y\\c\\\ K- #/,*$0"%+"-$*c '9%#% X/#+$7
I/
a\\ +$%9% '( 1#(:*( *("0i,#+$c -9 p"( 4(*0#,( (%,#0$* p"( (- -7Zq '( (%,9% 4$+#(/,(% '(%$**9--$*i/ 1#(:*( *("0i,#+$7
)HI]IB=@CB DI=KB?AH@A )AHA Q@I^HI HIK<_E@=A @/+-"#* %#%,(0i,#+$0(/,(c (/ -$ 3#%,9*#$ +-./#+$c -9% $/,(+('(/,(% '( 1$*#/89$0#8'$-#,#% 49* (%,*(4,9+9+9 :(,$ 3(09-.,#+9 '(- 8*"49 Ac +9/'#+#9/(% '( -$ V#V#(/'$c N 1$0#-#$*(% +9/ 1#(:*( *("0i,#+$7
=909 %(8"/'$ 94+#M/ '(%4"U% '( -$ 4(/#+#-#/$ ]c 4$*$ -9% /#r9% 0$N9*(% '( L\ |8 '( 4(%9c $'9-(%+(/,(% N $'"-,9%2 4(/#+#-#/$ ! :(/S$,./#+$c >cL\\ \\\ K -7 #/,*$0"%+"-$*c '9%#% X/#+$7
J$ 49-#$*,*#,#% (% "%"$-0(/,( $%#0U,*#+$ N 0#8*$,9*#$2 "/$ $*,#+"-$+#M/ %( #/1-$0$ 0#(/,*$% 9,*$ *(0#,(w 4(*9 4"('( %(* $'#,#V$2 0X-,#4-(% $*,#+"-$+#9/(% %( #/1-$0$/ 4*98*(%#V$0(/,(7
F,*$ 94+#M/ '( ,*$,$0#(/,9 4$*$ -$ 1$*#/89$0#8'$-#,#% 49* I^R!A (% +9/ $09;#+#-#/$c V.$ 9*$-c 49* '#(S '.$%2 4(%9 0(/9* '( O\ |8c ZT\ 08 "/$ V(S $- '.$ 49* '#(S '.$%w 0$N9*(% '( O\ |8c >T\\ 08 "/$ V(S $- '.$ 49* '#(S '.$%7
J$ #'(/,#1#+$+#M/ +-./#+$ '( -$ +9*($ +9**(%49/'( $ -$ 4*(%(/+#$ '( 09V#0#(/,9% #/V9-"/,$*#9%c #/+99*'#/$'9%c (%4(+#$-0(/,( (/ 0$/9%c 4#(%c -(/8"$ N +$*$c p"( '(%$4$*(+(/ +9/ (- %"(r9 N 4"('(/ $1(+,$* "/ %9-9 -$'9 '(- +"(*49 f3(0#+9*($g7 A1(+,$ +9/ 0$N9* 1*(+"(/+#$ $ -$% 0"k(*(% (/ -$ $'9-(%+(/+#$7 J$ +9*($ (%,i $%9+#$'$ +9/ +$*'#,#% (/ "/ Z>q7
K/$ ,(*+(*$ 94+#M/ '( ,*$,$0#(/,9c (/ +$%9 '( #/,9-(*$/+#$ 9 *(%#%,(/+#$ $ -$ (*#,*90#+#/$c 9 1$--$ ,(*$4U",#+$c 4$*$ -$ 1$*#/89$0#8'$-#,#% 49* I^R!A (%2 +(1$-(;#/$c T\\ 08 +$'$ 9+39 39*$% V.$ 9*$- '"*$/,( '#(S '.$% f$'"-,9%g7 I/ +$%9 '( *(+"**(/+#$c ,*$,$* +9/ +-#/'$0#+#/$2 /#r9%c L\ $ O\ 085|8 '( 4(%9 +9*49*$- 49* '.$c '#V#'9 (/ ,*(% '9%#%c '"*$/,( '#(S '.$%c V.$ 9*$-w $'"-,9%c Y\\ 08 $- '.$c '#V#'#'9 (/ '9% $ +"$,*9 '9%#%c '"*$/,( '#(S '.$%c V.$ 9*$I/ +$%9% '( *(+"**(/+#$%c "/$ %(8"/'$ 94+#M/ (% ,*$,$* +9/ $09;#+#-#/$ +9/ +-$V"-$/$,92 /#r9%c P\ 085|8 '( 4(%9 49* '.$c (/ ,*(% '9%#% #8"$-(%c '"*$/,( '#(S '.$% f'9%#% 0i;#0$c ZT\ 08 '( $09;#+#-#/$gw $'"-,9%c T\\ 08 '9% V(+(% $- '.$ 49* '#(S '.$% I/ +$%9 '( *(+"**(/+#$c +909 ,(*+(*$ 94+#M/2 I/ /#r9% '( 0(/9% '( L\ |8 '( 4(%92 4(/#+#-#/$ ! :(/S$,./#+$c Y\\c\\\ K > '9%#% X/#+$c 0i% *#1$04#+#/$c L\ 085|8 '( 4(%9 +9*49*$- 49* '.$ (/ '9% '9%#%c '"*$/,( +"$,*9 '.$%c V.$ 9*$-7 I/ $'"-,9% N /#r9% 0$N9*(% '( L\ |8 '( 4(%92 4(/#+#-#/$ ! :(/S$,./#+$c >c L\\c\\\ K- '9%#% X/#+$c 0i% *#1$04#+#/$c L\ 085|8 '( 4(%9 +9*49*$- 49* '.$c (/ '9% '9%#% '"*$/,( +"$,*9 '.$%c V.$ 9*$-7
H(1(*#* $- %(8"/'9 /#V(- '( $,(/+#M/ $ ,9'9% -9% 4$+#(/,(% +9/ +9*($c 4$*$ *($-#S$* (-(+,*9+$*'#98*$0$ N (+9+$*'#98*$0$7 J9% /M'"-9% %":+",i/(9% %9/ *$*9% f0(/9% '(- Lqg N $-,$0(/,( (%4(+.1#+9% '( 1#(:*( *("0i,#+$7 <#'(/ '( \7T $ L7\ +0 '( '#i0(,*9c %9/ /M'"-9% *('9/'9%c 1#*0(%c -#:*(0(/,( 0MV#-(% ( #/'9-9*9% p"( %( $8*"4$/ %9:*( -9% +9'9%c 0"r(+$%c *9'#--$%c ,9:#--9%c (- ,(/'M/ '( Ap"#-(%c (- 9++#4"+#9 N -$% $4M1#%#% V(*,(:*$-(% 49%,(*#9*(%7 ?"*$/ "/$ $ '9% %(0$/$% '(%4"U% '(#/#+#9 '(- +"$'*9 '( 1#(:*( *("0i,#+$7 J$ 1#(:*( %( #'(/,#1#+$ (/ -9% 4$+#(/,(% +9/ ,(04(*$,"*$ 9*$-c ,#04i/#+$ 9 $;#-$* 0$N9* '( Oab =7
?IEI==@CB )AHA Q@I^HI HIAK<_E@=A J$% 0$/#1(%,$+#9/(% 0$N9*(% '( -9% +*#,(*#9% '( j9/(% %9/ -9% p"( 3$+(/ (- '#$8/M%,#+9 0i% 4*9:$:-(7 )$*$ +"04-#* +9/ (- +*#,(*#9 0(/9* '( (-(V$+#M/ '( *($+,$/,(% '( 1$%( $8"'$c (- /#V(- '( 4*9,(./$ = *($+,#V$ '(:( %(* 0$N9* 9 #8"$- p"( O\ 0+85J 9 (- '( V(-9+#'$' O[
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-
'( %('#0(/,$+#M/ 8-9:"-$*c 0$N9* 9 #8"$- p"( O\ 00539*$7 K/ *(%"-,$'9 '( '(,(*0#/$+#M/ '( 4*9,(./$ = *($+,#V$ #8"$- 9 0$N9* '( O\ 0+85J +9**(%49/'( $ "/$ 0$/#1(%,$+#M/ 0(/9*7 J$ '(,(*0#/$+#M/ '( -$ V(-9+#'$' '( %('#0(/,$+#M/ 8-9:"-$* #8"$- 9 0$N9* '( O\ 00539*$ +9**(%49/'( $ "/ +*#,(*#9 0(/9*7
EHAEA<@IBEF )AHA Q@I^HI HIAK<_E@=A R$%,$ p"( (- '#$8/M%,#+9 (%,U +9/1#*0$'9 (% *(+90(/'$:-( ,*$,$* (- '9-9* $*,#+"-$* X/#+$0(/,( +9/ 4$*$+(,$09- (%4(+#$-0(/,( (/ /#r9%7 J9% %$-#+#-$,9% %9/ *(+90(/'$'9% +909 4*#0(*$ -./($ f(;+(4,9 (/ /#r9%g '( ,*$,$0#(/,9 '(:#'9 $ -$ $04-#$ (;4(*#(/+#$ (/ 1#(:*( *("0i,#+$ $8"'$ f'9%#% '( O\mY\ 085|85'.$g7 ?(:(*i #/#+#$*%( (/ 4$+#(/,(% +9/ $*,*#,#% 9 $*,*$-8#$% %(V(*$% ,$/ 4*9/,9 +909 (- '#$8/M%,#+9 %( 3$N$ +9/1#*0$'97 I- /$4*9;(/9 3$ %#'9 "%$'9 (;#,9%$0(/,( (/ 4$+#(/,(% +9/ 1#(:*( *("0i,#+$ $+,#V$ N (% "/$ $-,(*/$,#V$ %(8"*$ (/ +$%9 '( #/,9-(*$/+#$ $ %$-#+#-$,9%7 I- 0('#+$0(/,9 #/#+#$- 4$*$ -$ +9*($ %(V(*$ (% -$ +$*:$0$S(4#/$7 I/ +$%9% *(1*$+,$*#9% %( *(+90#(/'$ i+#'9 V$-4*9#+97 J$ #/0"/98-9:"-#/$ #/,*$V(/9%$ (% *(+90(/'$'$ 4$*$ +9*($ %(V(*$ *(1*$+,$*#$ 49* %" *(+"4(*$+#M/ 0i% *i4#'$w %#/ (0:$*89c /9 *('"+( -$ #/+#'(/+#$ '( (/1(*0('$' V$-V"-$* $ -$*89 4-$S97 )$*$ -$ +$*'#,#%c (- (%,(*9#'( '( (-(++#M/ (% -$ 4*('/#%9/$ L085|85'.$ 9 4*('/#%9-9/$7 J$ 0(,#-4*('/#%9-9/$ %( #/'#+$ (/ +$%9% %(V(*9%7 I- +"#'$'9 '(/,$- *",#/$*#9 (% 0"N #049*,$/,( (/ 4$+#(/,(% +9/ 3#%,9*#$ '( 1#(:*( *("0i,#+$ N59 +$*'#94$,.$ *("0i,#+$7 )*#09*'#$-0(/,( 4*(V#9 $ +#*"8.$ V$-V"-$*c (/ '9/'( '(:( V$-9*$*%( N ,*$,$*%( ,9'$ -$ 4$,9-98.$ 9*$-m'(/,$-7
J$% 1$*#/8#,#% 49* I%,*(4,9+9+9 … 3(09-.,#+9 '(- 8*"49 A (% -$ +$"%$ '( Q#(:*( *("0i,#+$ D( *(+90#(/'$ -$ (**$'#+$+#M/ '(- I%,*(4,9+9+9 … 3(09-.,#+9 '(- 8*"49 A I%,$ #/'#+$'9 (- ,*$,$0#(/,9 +9/ $/,#:#M,#+9% 4$*$ -$ (**$'#+$+#M/ '(- I%,*(4,9+9+9 … 3(09-.,#+9 '(- 8*"49 A ?(,(++#M/ J9% 4$+#(/,(% +9/ Q#(:*( *("0i,#+$ '(:(/ '( *(+#:#* 4*91#-$;#% +9/ $/,#:#M,#+9% 4$*$ (V#,$* (4#%9'#9% *(+"**(/,(%7 I% *$S9/$:-( -$ 4*91#-$;#% 4$*$ I/'9+$*'#,#% +9/ $/,#:#M,#+9% (/ -9% 4$+#(/,(% +9/ Vi-V"-$ 4*9,U%#+$ 9 ",#-#S$+#M/ '( 0$,(*#$- 4*9,U%#+9 (/ -$ *(4$*$+#M/ '( -$ V$-V$ p"( %(*i/ %90(,#'9% $ ,*$,$0#(/,9 '(/,$- N (/ p"#(/(% %( *($-#+( 0$/#4"-$+#M/ '(- ,(k#'9 8#/8#V$-c 4(*#$4#+$- '(- '#(/,( 9 4(*19*$+#M/ '( -$ 0"+9%$ 9*$-7 I% *$S9/$:-( ",#-#S$* 4*91#-$;#% +9/ $/,#:#M,#+9% (/ 4$+#(/,(% %90(,#'9% $ ,*$,$0#(/,9 '(/,$- +9/ $/,(+('(/,( '( I/'9+$*'#,#% 4*(V#$ B9 (%,$ #/'#+$'$ -$ 4*91#-$;#% (/ 4$+#(/,(% p"( %(*i/ %90(,#'9% $ 4*9+('#0#(/,9%c "*9-M8#+9%c 8#/(+9-M8#+9% N 8$%,*9#/,(%,#/$-(% D( *(+90#(/'$ ",#-#S$* ,*$,$0#(/,9 $/,#:#M,#+9 (/ 4$+#(/,(% p"( N$ 4*(%(/,$*9/ Q#(:*( H("0i,#+$ 4$*$ (V#,$* *(+"**(/+#$ D( *(+90#(/'$ p"( -$ '"*$+#M/ '(- ,*$,$0#(/,9 $/,#:#M,#+9 (/ )*(V(/+#M/ %(+"/'$*#$ %( (%,$:-(S+$ D( *(+90#(/'$ ,*$,$0#(/,9 $/,#:#M,#+9 +909 4*91#-$;#% 4$*$ I/'9+$*'#,#% ^$+,(*#$/$
?@A!BCDE@=F I/ /"(%,*9 0('#9 -$ 4*#/+#4$- +$"%$ '( (%,(/9%#% 0#,*$+9/,#/"$ %#(/'9 -$ Q#(:*( *("0i,#+$7 J$ $4$*#+#M/ '( -9% %./,90$% %( 4*(%(/,$/ +"$/'9 (i*($ V$-V"-$* 0#,*$- (% z L7T+0L7
,')+2+.-' #" 562532' !$)*'2
I- '#$8/9%,#+9 '( Q#(:*( H("0i,#+$ A8"'$ %( :$%$ (/ -9% +*#,(*#9% 09'#1#+$'9% '( j9/(%w '9% +*#,(*#9% 0$N9*(% 9 "/ +*#,(*#9 0$N9* 0$% '9% 0(/9*(% 3$+( '#$8/9%,#+9 '(1#/#,#V9 '( Q#(:*( H("0i,#+$ A8"'$7 J9% +*#,(*#9% 0$N9*(% %9/2 +$*'#,#%c 49-#$*,*#,#%c +9*($c (*#,(0$ 0$*8#/$'9 N /M'"-9% %":+",i/(9%7 J9% +*#,(*#9% 0(/9*(% %9/ 1#(:*(c 49-#$*,*$-8#$%c #/,(*V$-9 )H P\
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-
4*9-9/8$'9 (/ (- I=! c (-(V$+#M/ '( -$ 4*9,(./$ = *($+,#V$ N '( -$ V(-9+#'$' '( %('#0(/,$+#M/ 8-9:"-$*7
'( -$ $*,(*#$ 4"-09/$* '( O\ $ T\ 00R8 N i*($ V$-V"-$* '( > $ >7T+0L
J$ $"%+"-,$+#M/ '( -$ (%,(/9%#% 0#,*$- 4"*$ %( +$*$+,(*#S$ 49* (- *#,09 '( ?"*9S#(Sc +"N9% (-(0(/,9% %9/2 @ *"#'9 :*#--$/,(c %.%,9-( -#04#$c @@ *"#'9 '"4-#+$'9 49* +3$%p"#'9 '( $4(*,"*$ N *(,"0:9c *(19*S$0#(/,9 4*(%#%,M-#+9 f(/ *#,09 %#/"%$-g7 ="$/'9 (;#%,( 3#4(*,(/%#†/ 4"-09/$* (- +9049/(/,( 4"-09/$* '(- L„ *"#'9 (%,i *(19*S$'9 fL)gc N (;#%,( -(V$/,$0#(/,9 4$*$(%,(*/$- #Sp"#(*'9 :$k9 49* +*(+#0#(/,9 '(V(/,*.+"-9 '(*(+397
D( +9/%#'(*$ I%,(/9%#% 0#,*$- %(V(*$ %# ,#(/( 8*$'#(/,( ,*$/%0#,*$- v >\ 00R8c 4*(%#M/ %#%,M-#+$ '( -$ $*,(*#$ 4"-09/$* v T\ 00R8 N i*($ V$-V"-$* z >+0L7
J$ #/%"1#+#(/+#$ 0#,*$- %( '(,(+,$ 49* -$ 4*(%(/+#$ '( "/ @ *"#'9 '#%0#/"#'9c %94-9 39-9%#%,M-#+9 N '(%4-$S$0#(/,9 '( -$ 4"/,$ '(- +9*$SM/ 3$+#$ $:$k9 N $ -$ #Sp"#(*'$ 49* +*(+#0#(/,9 '(- V(/,*.+"-9 #Sp"#(*'97 I- L) ,$0:#U/ (%,i *(19*S$'9 N ,*$'"+( (-(V$+#M/ '( -$ 4*(%#M/ $*,(*#$4"-09/$*7
J9% +*#,(*#9% 4$*$ +-$%#1#+$* -$ @/%"1#+#(/+#$ 0#,*$- %( '#V#'(/ (/ +"$-#,$,#V9%c +"$/,#,$,#V9% N -$ 4*(%(/+#$ '( '#-$,$+#M/ $"*#+"-$* N V(/,*#+"-$* #Sp"#(*'$% ="$/'9 %( 4*(%(/,$ #/%"1#+#(/+#$ 0#,*$- $8"'$ 49* $1(++#M/ '($4$*$,9 V$-V"-$* %(+"/'$*#$ $ #%p"(0#$ 0#9+$*'#+$ 49* (/1(*0('$' +9*9/$*#$ 9 (/'9+$*'#,#% :$+,(*#$/$ +"*%$/ +9/ #/%"1#+#(/+#$ +$*'#$+$ 8*$V(
J$ $"%+"-,$+#M/ '( -$ '9:-( -(%#M/ 0#,*$- +9/%#%,( (/ -$ 4*(%(/+#$ '( @ *"#'9 '( #/,(/%#'$' V$*#$:-(c %94-9 39-9%#%,M-#+9 N *(,"0:97 )"('( 3$:(* *(19*S$0#(/,9 '(L)7 J9% 4"-%9% $*,(*#$-(% 4(*#1U*#+9% (/ +"$-p"#(* ,#49 '( -$ V$-V"-94$,#$ 0#,*$- 4"('(/ %(* *(8"-$*(% 9 #**(8"-$*(% %(8X/ (- 4$+#(/,( +9/%(*V( (- *#,09 %#/"%$- 9 3$N$ +$.'9 $ 1#:*#-$+#M/ $"*#+"-$*7
J$ #/%"1#+#(/+#$ 0#,*$- (% (- *(%"-,$'9 '( +"$-p"#(* $/90$-.$ (/ -$ 1"/+#M/ '(- $4$*$,9 V$-V"-$* p"( #04#'( -$ +9$4,$+#M/ V$-V$*c -$% +$"%$% 4*#/+#4$-(% %9/2 (,#9-98.$ *("0i,#+$c #%p"U0#+$c (/'9+$*'#,#% N '(8(/(*$+#M/ 0#;90$,9%$7
="$/'9 %( 4*(%(/,$ #/%"1#+#(/+#$ +$*'#$+$ 8*$V( %(+"/'$*#$ $ *"4,"*$ '( $-8X/ (-(0(/,9 '( $4$*$,9 V$-V"-$* (%,$ #/'#+$'$ -$ (%,$:#-#S$+#M/ +-./#+$ +9/ #/9,*M4#+9%c V$%9'#-$,$'9*(%c :$-M/ '( +9/,*$4"-%$+#M/ #/,*$9*,#+9 N ,*$,$0#(/,9 p"#*X*8#+97 J9% 4$+#(/,(% +9/ #/%"1#+#(/+#$ 0#,*$- +*M/#+$ 4"('(/ 4(*0$/(+(* $%#/,90i,#+9% 49* 0"+39% $r9%
J$ #/%"1#+#(/+#$ 0#,*$- $8"'$ %( +$*$+,(*#S$ 49* 4*(%(/+#$ '( '#%1"/+#M/ V(/,*#+"-$* #Sp"#(*'$ '( 8*$'9 V$*#$:-(c #/+-"N(/'9 (- ('(0$ $8"'9 4"-09/$* N59 +39p"( +$*'#98U/#+9c +9/ $4$*#+#M/ '( /"(V9% %94-9% 9 $,(/"$+#M/ '( -9% 4*(m(;#%,(/,(% 49* :$k9 8$%,9c '(4(/'( '(- %#,#9 '( *"4,"*$c +"(*'$ ,(/'#/9%$ 9 0"%+"-9 4$4#-$*7
I- 4*9-$4%9 V$-V"-$* 0#,*$- f)]
I/ 4$+#(/,(% +9/ i*($ V$-V"-$* v >7T+0L "%"$-0(/,( /9 ,#(/(/ %./,90$% (/ *(49%9c 4(*9 4*(%(/,$/ '#%/($ $(%1"(*S9
I%,$ #/'#+$'9 *($-#S$* 4*91#-$;#% %(+"/'$*#$ (/ 4$+#(/,(% +9/ (V#'(/+#$ +-./#+$ N (+9+$*'#98*i1#+$ '( 4*9-$4%9 '( -$ Vi-V"-$ 0#,*$- +9/ #/%"1#+#(/+#$7
D( +-$%#1#+$ -$ %(V(*#'$' '( -$ -(%#M/ V$-V"-$* 0#,*$- '( $+"(*'9 $ -9% 3$--$S89% (+9+$*'#98*$1#+9%7 D( +9/%#'(*$ I%,(/9%#% 0#,*$- 0./#0$ %# ,#(/( 8*$'#(/,( ,*$/%0#,*$- z T00R8c 4*(%#M/ %#%,M-#+$ '( -$ $*,(*#$ 4"-09/$* z O\ 00R8 N $*($ V$-V"-$* v>7T+0L7 D( +9/%#'(*$ I%,(/9%#% 0#,*$- 09'(*$'$ %# ,#(/( 8*$'#(/,( ,*$/%0#,*$- '( T $ >\ 00R8c 4*(%#M/ %#%,M-#+$
I%,$ #/'#+$'9 *($-#S$* (+9+$*'#98*$0$ (/ 4$+#(/,(% +9/ %9%4(+3$ '( #/%"1#+#(/+#$ 0#,*$- 49* 4*9-$4%9 V$-V"-$*
)HKI^AD ?@A!BCDE@=AD fJA^FHAEFH@F G !A^@BIEIg I- I-(+,*9+$*'#98*$0$ fI=!g N -$ *$'#98*$1.$ '( EM*$; %( '(:( ",#-#S$* +909 4$*,( '( -$ (V$-"$+#M/ +-./#+$ '( 4$+#(/,(% +9/ %9%4(+3$ '( V$-V"-94$,.$c 4$*$ (V$-"$* +*(+#0#(/,9 '( +$V#'$'(% +$*'.$+$%c +$-+#1#+$+#M/ $/"-$* M V$-V"-$* N V$-9*$* -$ 09V#-#'$' 4*9,U%#+$ 0('#$/,( -$ 1-"9*9%+94.$7 P>
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-
I/ (- (-(+,*9+$*'#98*$0$ '( >L '(*#V$+#9/(% fI=!m>Lg (/ -$ (%,(/9%#% 0#,*$- (/+9/,*$09% *#,09 %#/"%$- 9 1#:*#-$+#M/ $"*#+"-$*c %#8/9% '( +*(+#0#(/,9 $"*#+"-$* #Sp"#(*'9 N V(/,*#+"-$* '(*(+397 J$ 4-$+$ '( ,M*$; )A 9 %(*#( +$*'#$+$ (/ -$ (%,(/9%#% 0#,*$- %( +$*$+,(*#S$ 49* -$ 4*(%(/+#$ 9 /9 '( +$*'#90(8$-#$ $ (;4(/%$% '( $"*.+"-$ #Sp"#(*'$ N V(/,*.+"-9 '(*(+39c (- 4(*1#- #Sp"#(*'9 ,#(/( P $*+9% N ('(*(+39 '9:-( +9/,9*/9 $"*#+"-$*c -9% 3#-#9% %9/ '( ,#49 V(/9m$*,(*#$-7 J$ 4"/,$ '(- +9*$SM/ (%,i -(V$/,$'$ 49* +*(+#0#(/,9 '(- ]?7 J$ 4-$+$ '( ,M*$; )A 9 %(*#( +$*'#$+$ (/ -$ #/%"1#+#(/+#$ 0#,*$- %( +$*$+,(*#S$ 49* -$ 4*(%(/+#$ '( +$*'#90(8$-#$ $ (;4(/%$% '( $"*.+"-$ N V(/,*.+"-9 #Sp"#(*'9%c +9/ -$ 4"/,$ '(- +9*$SM/ '(%4-$S$'$ 3$+#$ $:$k9 N $ -$ #Sp"#(*'$c 4"('( (;#%,#* 3#4(*,(/%#M/ V(/9+$4#-$* 4"-09/$*7 I- 4(*1#- '(*(+39 ,#(/( '9:-( +9/,9*/9 $"*#+"-$*7 J$ 4-$+$ '( ,M*$; '( -$ '9:-( -(%#M/ 0#,*$- (% $/9*0$49* -$ 4*(%(/+#$ '( +$*'#90(8$-#$c +*(+#0#(/,9 '( $"*.+"-$ #Sp"#(*'$ N '(*(+3$c +*(+#0#(/,9 V(/,*#+"-$* #Sp"#(*'9 N '(*(+39c $%. +909 3#4(*,(/%#M/ V(/9+$4#-$* 4"-09/$*c (% 1*(+"(/,( (/+9/,*$* P $*+9% (/ (- 4(*1##Sp"#(*'97 J$ 4*"(:$ '( (%1"(*S9 4"('( $49*,$* #/19*0$+#M/ X,#(/ 4$+#(/,(% +9/ (/1(*0('$' V$-V"-$* +$*'.$+$c %9:*(,9'9 (/ 4$+#(/,(% p"( %( *(1#(*(/ $%#/,90i,#+9% M +9/ %./,90$% '( '#1.+#- V$-9*$+#M/7 D( '(:( *($-#S$* "/ I=FEE 4$*$ 4$+#(/,(% +9/ %94-9 +$*'.$+9 N %./,90$% M %#8/9% '( #/%"1#+#(/+#$ +$*'.$+$ #%p"(0#$ M #/1$*,9 '(- 0#9+$*'#9c %./+94(c ,*90:9(0:9-#%09c (/'9+$*'#,#% #/1(++#9%$c M $-8"/$ 9,*$ (V#'(/+#$ +-./#+$ '( +$*'#94$,.$ (%,*"+,"*$-7 I- (+9+$*'#98*$0$ '(:( *($-#S$*%( (/ 4$+#(/,(% +9/ '#$8/M%,#+9 '( I%,(/9%#% <#,*$- 4$*$ (V$-"$* -$ %(V(*#'$' 3(09'#/i0#+$ '( -$ (/1(*0('$' f8*$'#(/,( 0('#9 ,*$/%V$-V"-$* 0#,*$-c i*($ V$-V"-$* 0#,*$- N 4*(%#M/ $*,(*#$- 4"-09/$*g7 I- (+9+$*'#98*$0$ '(:( *($-#S$*%( (/ 4$+#(/,(% +9/ '#$8/M%,#+9 '( I%,(/9%#% <#,*$- 4$*$ (V$-"$* -$ 4*(%(/+#$ '( -(%#9/(% +9/+90#,$/,(% (/ 9,*$% Vi-V"-$% N 4$*$ V$-9*$* -$ 09*19-98.$ V$-V"-$* 0#,*$f%"%+(4,#:#-#'$' '( V$-V"-9,90.$ 0#,*$- 4(*+",i/($g7
I- (+9+$*'#98*$0$ '(:( *($-#S$*%( (/ -$ *(m(V$-"$+#M/ '( 4$+#(/,(% +9/ (%,(/9%#% 0#,*$- +9/9+#'$ N +"N9% %#8/9% N %./,90$% 3$/ 09%,*$'9 '(,(*#9*9 *(+#(/,(7 I- (+9+$*'#98*$0$ '(:( *($-#S$*%( 4$*$ (V$-"$* -$ *(%4"(%,$ 3(09'#/i0#+$ '(- 8*$'#(/,( 0('#9 N -$ 4*(%#M/ $*,(*#$- 4"-09/$* +"$/'9 (;#%,( '#%+*(4$/+#$ (/,*( -9% 3$--$S89% (+9+$*'#98*i1#+9% N -9% 3$--$S89% +-./#+9%7 I/ 4$+#(/,(% +9/ (%,(/9%#% 0#,*$-c (- (+9+$*'#98*$0$ ,*$/%(%91i8#+9 '(:( *($-#S$*%( 4$*$ (V$-"$* -$ 4*(%(/+#$ '( "/ ,*90:9 $"*#+"-$* #Sp"#(*'9 N 4$*$ (V$-"$* (- 8*$'9 '( #/%"1#+#(/+#$ 0#,*$- (/ 4$+#(/,(% +9/%#'(*$'9% +$/'#'$,9% $ "/$ V$-V"-9,90.$ 0#,*$- 4(*+",i/($7 I/ 4$+#(/,(% +9/ (%,(/9%#% 0#,*$- (- (+9+$*'#98*$0$ ,*$/%(%91i8#+9 '(:( *($-#S$*%( 4$*$ (V$-"$* -$ 09*19-98.$ N %(V(*#'$' 3(09'#/i0#+$ '( -$ (/1(*0('$' +"$/'9 (- (+9+$*'#98*$0$ ,*$/%,9*i+#+9 $49*,$ '$,9% %":M4,#09%7 I% *$S9/$:-( *($-#S$* "/ (+9+$*'#98*$0$ ,*$/%,9*i+#+9 (/ 4$+#(/,(% $%#/,90i,#+9% +9/ (%,(/9%#% 0#,*$- 4$*$ (V$-"$* -$ 4*(%#M/ 4"-09/$* f=9/ (%,(/9%#% 0#,*$%(V(*$ +$'$ $r9c +9/ (%,(/9%#% 0#,*$- 09'(*$'$ +$'$ > $ L $r9% N +9/ (%,(/9%#% 0#,*$- -#8(*$ +$'$ O $ T $r9%g7 B9 (%,i #/'#+$'9 *($-#S$* "/ (+9+$*'#98*$0$ ,*$/%(%91i8#+9 +909 (V$-"$+#M/ '( *",#/$ (/ 4$+#(/,(% +9/ (%,(/9%#% 0#,*$- +"N9 (+9+$*'#98*$0$ ,*$/%,9*i+#+9 $49*,$ '$,9% %$,#%1$+,9*#9% (/ -$ 09*19-98.$ N 3(09'#/i0#+$ V$-V"-$*7 I- I+9+$*'#98*$0$ ,*$/%,9*i+#+9 fI=FEEg (% "/ (%,"'#9 '( #0$8(/ /9 #/V$%#V9 +-$V( 4$*$ (- '#$8/M%,#+9 '( V$-V"-94$,.$%c (/ (%4(+#$- 4$*$ 4$+#(/,(% $%#/,90i,#+9% +9/ %94-9% '#$%,M-#+9%c +9/,#/"9%c 39-9%#%,M-#+9%c %#%,M-#+9% ,$*'.9% M $%9+#$'9% +9/ "/ x+3$%p"#'9y '( (;4"-%#M/7 I/ #/%"1#+#(/+#$ 0#,*$- f@
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-
I- I=FEE '(:( *($-#S$*%( (/ 4$+#(/,(% +9/ @< 4$*$ (V$-"$* (- $4$*$,9 V$-V"-$* 0#,*$- N -$ 1"/+#M/ '(V(/,*.+"-9 #Sp"#(*'9c 49%,(*#9* $ "/ +$0:#9 (/ -9% %#8/9% M %./,90$%7 I- (+9+$*'#98*$0$ ,*$/%,9*i+#+9 (%,i #/'#+$'9 4$*$ (V$-"$* -$% '#0(/%#9/(% '(- V(/,*.+"-9 #Sp"#(*'9c -$ 1"/+#M/ V(/,*#+"-$* #Sp"#(*'$ N -$ 3(09'#/i0#+$ V$-V"-$* 0#,*$- (/ -$ (V$-"$+#M/ #/#+#$- 49%,(*#9* $ "/ *((04-$S9 V$-V"-$* 0#,*$- † $ "/$ +#*"8.$ '( *(4$*$+#M/ V$-V"-$* 0#,*$-7
I- +$,(,(*#%09 +$*'.$+9 4"('( $49*,$* #/19*0$+#M/ #049*,$/,( *(%4(+,9 $ -$ 4*(%(/+#$ N %(V(*#'$' '( -$ 9:%,*"++#M/ ( #/%"1#+#(/+#$ V$-V"-$*c $%. +909 +9*,9+#*+"#,9 #/,*$+$*'.$+97 )9* 9,*9 -$'9c $49*,$ #/19*0$+#M/ $'#+#9/$- 4$*$ 4$+#(/,(% +9/ '#%+*(4$/+#$ (/,*( 3$--$S89% +-./#+9% N (+9+$*'#98*i1#+9%7 I- =E= (%,i #/'#+$'9 4$*$ -$ (V$-"$+#M/ 3(09'#/i0#+$ '( -$ %(V(*#'$' '( -$ I
I% *$S9/$:-( *($-#S$* "/ (+9+$*'#98*$0$ (/ 4$+#(/,(% +9/ #/%"1#+#(/+#$ 0#,*$- %(V(*$ $%#/,90i,#+9% 4$*$ (V$-"$* -$ ,9-(*$/+#$ $- (%1"(*S9 N -9% (1(+,9% '((%1"(*S9 (/ -$ 4*(%#M/ 4"-09/$* N (/ -$ %(V(*#'$' (/ '#+3$% +9/'#+#9/(% '(- 8*$'9 '( #/%"1#+#(/+#$ 0#,*$-7
I% *$S9/$:-( ",#-#S$* (- =E= 4$*$ (V$-"$* -$ *(%4"(%,$ 3(09'#/i0#+$ '( -$ 4*(%#M/ $*,(*#$- 4"-09/$* N $"*#+"-$* #Sp"#(*'$ $- (k(*+#+#9c +"$/'9 (;#%,$ '#%+9*'$/+#$ (/,*( -9% 3$--$S89% +-./#+9% N -$ 3(09'#/i0#+$ (/ *(49%97
I- (+9+$*'#98*$0$ ,*$/%,9*‡+#+9 /9 (%,‡ #/'#+$'9 +909 (V$-"$+#†/ '( *",#/$ (/ 4$+#(/,(% $%#/,90‡,#+9% +9/ #/%"1#+#(/+#$ 0#,*$- -#8(*$ N 1"/+#†/ %#%,†-#+$ N '#0(/%#9/(% '(- V(/,*ˆ+"-9 #Sp"#(*'9 /9*0$-(%7
D( 4"('( ",#-#S$* (- =E= (/ 4$+#(/,(% +9/ I< 4$*$ (V$-"$* -$ (,#9-98.$c (/ +$%9 '( '9+"0(/,$*%( '( "/$ 3#4(*,(/%#M/ $*,(*#$- 4"-09/$* %(V(*$ p"( /9 +9**(%49/'$ +9/ -$ %(V(*#'$' '( -$ I< V$-9*$'$ 49* (%,"'#9% /9 #/V$%#V9%7
I- I=FEE (%,i #/'#+$'9 4$*$ (- '#$8/M%,#+9 '( 4*9-$4%9 V$-V"-$* <#,*$- f)]
I- =E= '#$8/M%,#+9 /9 (%,i #/'#+$'9 4$*$ -$ (V$-"$+#M/ 3(09'#/i0#+$ '( -$ I< +"$/'9 -9% '$,9% 49* I=FEE %($/ +9/+9*'$/,(% +9/ -9% 3$--$S89% +-./#+9%7 I- V(/,*#+"-98*$0$ #Sp"#(*'9 N -$ (V$-"$+#M/ 3(09'#/i0#+$ (%,i/ #/'#+$'9% +"$/'9 -$% 4*"(:$% /9 #/V$%#V$% /9 %9/ +9/+-"N(/,(%c #/'(4(/'#(/,(0(/,( '( -$ %(V(*#'$' '( -$ #/%"1#+#(/+#$ 0#,*$- N '( -$ 1"/+#M/ V(/,*#+"-$* #Sp"#(*'$7 I- (%,"'#9 3(09'#/i0#+9 (%,i #/'#+$'9 +"$/'9 -$ 4*(%#M/ 4"-09/$* *(49*,$'$ %( (/+"(/,*$ 1"(*$ '( 4*949*+#M/ $ -$ %(V(*#'$' '( -$ #/%"1#+#(/+#$ 0#,*$- (/ -$% 4*"(:$% /9 #/V$%#V$%7 I- V(/,*#+"-98*$0$ #Sp"#(*'9 N (- (%,"'#9 3(09'#/i0#+9 (%,i/ #/'#+$'9% +"$/'9 (;#%,( '#%+*(4$/+#$ (/,*( -9% %./,90$% N %#8/9% +-./#+9% N -9% 3$--$S89% '( %(V(*#'$' '( -$ #/%"1#+#(/+#$ 0#,*$- (/ -$% 4*"(:$% /9 #/V$%#V$%7 J$ $/8#98*$1.$ +9*9/$*#$ (%,i #/'#+$'$ $/,(% '( p"( ((/1(*09 %( %90(,$ $ "/$ +#*"8.$ V$-V"-$* 0#,*$- (/ 4*(%(/+#$ '( 1$+,9*(% '( *#(%89 4$*$ (/1(*0('$' $*,(*#$- +9*9/$*#$7 I- V(/,*#+"-98*$0$ #Sp"#(*'9 N (- (%,"'#9 3(09'#/‡0#+9 /9 (%,i/ #/'#+$'9% (/ 4$+#(/,(% +9/ #/%"1#+#(/+#$ 0#,*$PO
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-
+"N$ *(4$*$+#M/ p"#*X*8#+$ /9 %( (/+"(/,*$ +9/,(04-$'$7
EHAEA<@IBEF
I% *$S9/$:-( -$ $/,#+9$8"-$+#M/ +*M/#+$ +9/ +"0$*./#+9% (/ 4$+#(/,(% +9/ I%,(/9%#% <#,*$- (/ *#,09 %#/"%$- N "/ ,$0$r9 (+9+$*'#98*i1#+9 '( -$ $"*.+"-$ #Sp"#(*'$ ‚ T\00
EHAEA<@IBEF QAH
D( *(+90#(/'$ $/,#+9$8"-$* -9% 4$+#(/,(% +9/ %(V(*$ I7<7 +*(+#0#(/,9 '( A7@7 G +9/,*$%,( (%49/,$/(9 (/ (I+9+$*'#98*$0$7
I/ -$ I%,(/9%#% <#,*$- -$ ?#89;#/$c -9% :(,$:-9p"($'9*(% N $-8"/9% +$-+#9$/,$89/#%,$% +909 (- V(*$4$0#-9 N ('#-,#$S(0 4"('(/ %(* X,#-(% 4$*$ +9/,*9-$* -$ 1*(+"(/+#$ V(/,*#+"-$* (/ +$%9 '( 1#:*#-$+#M/ $"*#+"-$* +9/ *(%4"(%,$ V(/,*#+"-$* *i4#'$7 J9% '#"*U,#+9% N -9% /#,*$,9% %9/ X,#-(% 4$*$ +90:$,#* -$ +9/8(%,#M/ 4"-09/$* N59 %#%,U0#+$ (/ 4$+#(/,(% +9/ I%,(/9%#% <#,*$-7 J$ ?#89;#/$ /9 (% '( /#/8"/$ ",#-#'$' +"$/'9 (4$+#(/,( +9/%(*V$ (- *#,09 %#/"%$-7 I- ,*$,$0#(/,9 '( "/ (4#%9'#9 $8"'9 '( 1#:*#-$+#M/ $"*#+"-$* '(:( #* (/+$0#/$'9 $ +9/,*9-$* -$ 1*(+"(/+#$ V(/,*#+"-$* f+9/ '#8#,$-c +$-+#9$/,$89/#%,$% 9 :(,$:-9p"($'9*(%g N 4*949*+#9/$* "/$ +9:(*,"*$ $/,#,*90:M,#+$ 0('#$/,( $/,#+9$8"-$+#M/ +904-(,$ +9/ 3(4$*#/$ %M'#+$7 J$ *(%,$"*$+#M/ '(- *#,09 %#/"%$- '(:( %(* %(8"#'$ '( "/ 4(*#9'9 '( P %(0$/$% '( $/,#+9$8"-$+#M/ (/ *$/89% ,(*$4U",#+9%c 4(*#9'9 (/ (p"( 4(*%#%,( (- *#(%89 '( ,*90:9%#% $"*#+"-$* 49* '(1#+#(/+#$ (/ -$ $+,#V#'$' 0(+i/#+$ '( -$ +i0$*$7 J$ $/,#+9$8"-$+#M/ (%,$ @/'#+$'$ (/ 4$+#(/,(% +9/ I]< 4$*$ 4*(V(/#* (V(/,9% (0:9-#+9% %#%,U0#+9% N +(*(:*$-(%7 J$ $/,#+9$8"-$+#M/ +*M/#+$ +9/ +"0$*./#+9% (/ *$/89% ,(*$4U",#+9% (%,i #/'#+$'$ (/ 4$+#(/,(% +9/ 1#:*#-$+#M/ $"*#+"-$* +*M/#+$ 9 4$*9;.%,#+$7 J$ $/,#+9$8"-$+#M/ +*M/#+$ +9/ +"0$*./#+9% (/ *$/89% ,(*$4U",#+9% (%,i #/'#+$'$ (/ 4$+#(/,(% +9/ $/,(+('(/,( '( "/ (V(/,9 (0:M-#+9 4*(V#9 #/'(4(/'#(/,(0(/,( '(- *#,09 p"( +9/%(*V(/7 J$ $/,#+9$8"-$+#M/ (%,i @/'#+$'$ (/ 4$+#(/,(% =9/ I%,(/9%#% <#,*$- N ,*90:9 $"*#+"-$* #Sp"#(*'97 D( '(:( $/,#+9$8"-$* +"$/'9 (;#%,( ,*90:9 A@ '#$8/9%,#+$'9 49* IEI7
B9 (%,i #/'#+$'$ -$ $/,#+9$8"-$+#M/ +*M/#+$ +9/ +"0$*./#+9% (/ 4$+#(/,(% +9/ I%,(/9%#% <#,*$- (/ *#,09 %#/"%$- N +9/ A@ '( "/ ,$0$r9 (+9+$*'#98*i1#+9 T\007 I% *$S9/$:-( ",#-#S$* -$ A0#9'$*9/$ +909 1i*0$+9 '( (-(++#M/ 4$*$ 0$/,(/(* (- *#,09 %#/"%$- '(%4"U% '( "/$ +$*'#9V(*%#M/ (-U+,*#+$ M 1$*0$+9-M8#+$ '( "/$ 1#:*#-$+#M/ $"*#+"-$* $8"'$7 I% *$S9/$:-( ",#-#S$* %9,$-9-c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p"( 4*(%(/,(/ 4$-4#,$+#9/(% +909 %./,90$ 4"('(/ V(*%( :(/(1#+#$'9% +9/ (- ,*$,$0#(/,9 :(,$:-9p"($'9*7 I/ -9% 4$+#(/,(% +9/ )*9-$4%9 ]$-V"-$* 0#,*$- +9/ (4#%9'#9% /("*9-M8#+9% 19+$-(% (%,i #/'#+$'9 (,*$,$0#(/,9 +9/ _+#'9 A+(,#-%$-#+.-#+9 $ '9%#% '( a\ $ OLT08 '#$*#9% %#/ #049*,$* p"( %( (/+"(/,*(/ (/ *#,09 %#/"%$- N /9 ,(/8$/ (V#'(/+#$ '( ,*90:9 $"*#+"-$* #Sp"#(*'9 (/ (- IEE7 I/ -9% 4$+#(/,(% +9/ )*9-$4%9 ]$-V"-$* 0#,*$- %( *(+90#(/'$ (- ,*$,$0#(/,9 +9/ _+#'9 A+(,#-%$-#+.-#+9 %#(04*( N +"$/'9 %($/ z YT $r9% M 4*(%(/,(/ '$,9% PP
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-
(+9+$*'#98*i1#+9% '( *#(%89 $-,9 fV$-V$% +9/ (%4(%9* v T00g I/ 4$+#(/,(% +9/ )*9-$4%9 ]$-V"-$* <#,*$- (%,i #/'#+$'$ -$ $/,#+9$8"-$+#M/ 9*$- +9/ +"0$*./#+9% %# %( (/+"(/,*$/ (/ 1#:*#-$+#M/ $"*#+"-$* M %9/ v YT $r9%c 4*(%(/,(/ #/%"1#+#(/+#$ 0#,*$- +9/%#'(*$:-( M #/%"1#+#(/+#$ +$*'#$+$7 I/ -9% 4$+#(/,(% +9/ )*9-$4%9 ]$-V"-$* <#,*$- (%,i #/'#+$'$ -$ $/,#+9$8"-$+#M/ 9*$- +9/ +"0$*./#+9% %#(04*( N +"$/'9 ,(/8$/ (- $/,(+('(/,( '( "/ (V(/,9 (0:M-#+9 9 "/ $,$p"( ,*$/%#,9*#9 :$k9 ,*$,$0#(/,9 +9/ _+#'9 A+(,#-%$-#+.-#+97 I/ -9% 4$+#(/,(% +9/ @/%"1#+#(/+#$ <#,*$- A8"'$ (B#,*94*"%#$,9 '( %9'#9 M -$ B#,*98-#+(*#/$ #/,*$V(/9%$ %9/ X,#-(% +9/ (- 9:k(,#V9 '( '#%0#/"#* -$ +9/8(%,#M/ 4"-09/$*7 I/ -9% 4$+#(/,(% +9/ @/%"1#+#(/+#$ <#,*$- A8"'$c -$ ?9:",$0#/$ (% (- #/9,*M4#+9 '( (-(++#M/ %#(04*( N +"$/'9 (;#%,$ 3#49,(/%#M/ M :$k9 8$%,9 +$*'#$+97
I%,i @/'#+$'$ -$ V$-V"-94-$%,.$ 0#,*$- 4(*+",i/($ +9/ :$-M/ f]<)^g (/ 4$+#(/,(% +9/ I%,(/9%#% 0#,*$- 4"*$ N $/$,90.$ 1$V9*$:-(7 D( *(+90#(/'$ -$ ]<)^ (/ 4$+#(/,(% +9/ I%,(/9%#% 0#,*$- 09'(*$'$ 9 %(V(*$ (/ +-$%( @@m@@@ N @] BGRA +9/ 09*19-98.$ 1$V9*$:-( N $"%(/+#$ '( ,*90:9 $"*#+"-$* 9 #/%"1#+#(/+#$ 0#,*$- 09'(*$'$7 D( *(+90#(/'$ -$ ]<)^ (/ 4$+#(/,(% +9/ I%,(/9%#% 0#,*$- 09'(*$'$ 9 %(V(*$ $%#/,90i,#+9% +9/ R#4(*,(/%#M/ $*,(*#$- 4"-09/$* %#%,M-#+$ f)DA)g v '( T\ 00R87 (/ *(49%9 9 vY\ 00R8 (/ (k(*+#+#9 +9/ 09*19-98.$ 1$V9*$:-( N $"%(/+#$ '( ,*90:9 $"*#+"-$* 9 #/%"1#+#(/+#$ 0#,*$- 09'(*$'$ I% *$S9/$:-( -$ ]<)^ (/ 4$+#(/,(% +9/ I< 09'(*$'$ $ %(V(*$ +9/ V$-V$ *.8#'$ N +$-+#1#+$'$ (/ +-$%( 1"/+#9/$- @@@ N @] BGRA p"( /9 %9/ +$/'#'$,9% $ +#*"8.$ 49* $-,9 *#(%89 p"#*X*8#+97
I/ -9% 4$+#(/,(% +9/ @/%"1#+#(/+#$ <#,*$- A8"'$ '(:( +9/%#'(*$*%( (- ,*$,$0#(/,9 $/,#:#M,#+9 (/U*8#+9 +"$/'9 -$ I/'9+$*'#,#% @/1(++#9%$ (% (- %"%,*$,9 +$"%$-7
I% *$S9/$:-( *($-#S$* -$ ]<)^ (/ 4$+#(/,(% $%#/,90i,#+9% +9/ I%,(/9%#% 0#,*$- 09'(*$'$ $ %(V(*$ +9/ 09*19-98.$ V$-V"-$* 1$V9*$:-( N +9/ QA '( *(+#(/,( #/#+#9 (/ $"%(/+#$ '( ,*90:9 #/,*$$"*#+"-$* 9 #/%"1#+#(/+#$ 0#,*$- 09'(*$'$ $ %(V(*$7
I/ -9% 4$+#(/,(% +9/ @/%"1#+#(/+#$ <#,*$- =*M/#+$ p"( %( (/+"(/,*(/ (/ 1#:*#-$+#M/ $"*#+"-$* '(:( +9/%#'(*$*%( (,*$,$0#(/,9 +9/ ?#8#,$-c +$-+#9$/,$89/#%,$% f](*$4$0#-9 M ?#-,#$S(0g M :(,$:-9p"($'9*(% +9/ (- 1#/ '( +9/,*9-$* -$ 1*(+"(/+#$ V(/,*#+"-$*7
I% *$S9/$:-( *($-#S$* -$ ]<)^ (/ 4$+#(/,(% +9/ +-$%( 1"/+#9/$- @@m@@@ N @] BGRA7 =9/ i*($ V$-V"-$* v >7T+0L +9/ (V#'(/+#$ 3(09'#/i0#+$ '( I< %(V(*$ f)DA)v Y\ 00387c )=) ‚ LT0038 N 8*$'#(/,( V$-V"-$* 0('#9 v >T 008*g7
I/ 4$+#(/,(% +9/ @/%"1#+#(/+#$ <#,*$- =*M/#+$ (%,i #/'#+$'$ -$ $/,#+9$8"-$+#M/ 9*$- +9/ +"0$*./#+9% %# 4*(%(/,$/ 1#:*#-$+#M/ $"*#+"-$* +*M/#+$ M 4$*9;.%,#+$
I% *$S9/$:-( +9/%#'(*$* -$ ]<)^ +909 $-,(*/$,#V$ $ +#*"8.$ (/ 4$+#(/,(% +9/ I< 09'(*$'$ $ %(V(*$ (/ +-$%( 1"/+#9/$- @@@m@] +9/ V$-V$ *.8#'$ N +$-+#1#+$'$7
D( *(+90#(/'$ -$ $/,#+9$8"-$+#M/ 9*$- (/ 4$+#(/,(% +9/ @/%"1#+#(/+#$ <#,*$- =*M/#+$ p"( +9/%(*V$/ (- *#,09 %#/"%$- 4(*9 p"( ,#(/(/ "/$ '#0(/%#M/ $"*#+"-$* #Sp"#(*'$ v TT00 M p"( ,(/8$/ "/ $/,(+('(/,( (0:M-#+97
B9 (%,i #/'#+$'$ -$ V$-V"-9,90#$ 0#,*$- 4(*+",i/($ (/ 4$+#(/,(% +9/ I< -(V(7
D( *(+90#(/'$ (- ,*$,$0#(/,9 +9/ V$%9'#-$,$'9*(% (/ -9% 4$+#(/,(% +9/ #/%"1#+#(/+#$ 0#,*$- +*M/#+$ p"( ,(/8$/ (/ 19*0$ (V(/,"$- "/$ R#4(*,(/%#M/ A*,(*#$- D#%,U0#+$ $+904$r$/,(7
J$ +#*"8.$ V$-V"-$*f *(4$*$+#M/ %# (% 49%#:-(g 49* I< (%,i #/'#+$'$ +"$/'9 /9 (% 49%#:-( *($-#S$* V$-V"-94-$%,#$ 4(*+",i/($7
EHAEA<@IBEF BF QAH
B9 (%,i #/'#+$'$ -$ ]<)^ (/ 4$+#(/,(% +9/ #/%"1#+#(/+#$ 0#,*$- 09'(*$'$ $ %(V(*$ N59 ,*90:9 #/,*$$"*#+"-$*
D( *(+90#(/'$ (/ 4$+#(/,(% +9/ %ˆ/,90$% -$ %"%,#,"+#M/ V$-V"-$* 0#,*$- f%# /9 (% 49%#:-( -$ *(4$*$+#M/g (/ 4$+#(/,(% +9/ I< ( @< $0:$% -(%#9/(% '( 09'(*$'$ $ %(V(*$ *(4(*+"%#M/7 PT
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-
I% *$S9/$:-( -$ %"%,#,"+#M/ V$-V"-$* (/ 4$+#(/,(% +9/ I< ( RA) v Y\0038 (/ +-$%( @ N @@ BGRA f %# /9 (% 49%#:-( *($-#S$* ]<)^g7
J$ *(4$*$+#M/ '( -$ Vi-V"-$ 0#,*$- 4"'#(*$ %(* +9/%#'(*$'$ (/ 4$+#(/,(% +9/ @< %(V(*$ N '$r9 0#9+$*'#+9 fQIz O\q g (/ +-$%( @@@m@] BGRA $"/ '(%4"U% '( ,*$,$0#(/,9 1$*0$+9-M8#+9 94,#097
D( 4"('( +9/%#'(*$* -$ *(4$*$+#M/ ]< (/ 4$+#(/,(% $%#/,90i,#+9% +9/ I< '( 09'(*$'$ $ %(V(*$ p"( 3$/ ,(/#'9 (V(/,9 (0:9-#+9 +9/ $/,#+9$8"-$+#M/ $'(+"$'$7
J$ +#*"8.$ V$-V"-$* 0#,*$- /9 (%,$ #/'#+$'$ (/ 4$+#(/,(% $%#/,90i,#+9% +9/ @< N 1"/+#M/ +$*'#$+$ /9*0$- (/ p"#(/(% (;#%,$ '"'$ '(- U;#,9 '( -$ *(4$*$+#M/ V$-V"-$*
B9 (%,i #/'#+$'$ -$ *(4$*$+#M/ V$-V"-$* 0#,*$- (/ 4$+#(/,(% +9/ I< -(V(7
=H@EIH@FD ?I HIQIHIB=@A
B9 (%,i #/'#+$'$ -$ +90#%"*9,90#$ 0#,*$- +(**$'$c (/ 4$+#(/,(% +9/ I<7 J$ +90#%"*9,90#$ $:#(*,$ (% "/$ 0(k9* 94+#M/7 I%,i #/'#+$'$ -$ +#*"8.$ 0#,*$- (/ 4$+#(/,(% %#/,90i,#+9% +9/ @< %(V(*$ I%,i #/'#+$'$ -$ +#*"8.$ 0#,*$- (/ 4$+#(/,(% +9/ @< %(V(*$ (/ +-$%( 1"/+#9/$- @@c @@@ N @] '( B GRA %#/ '$r9 V(/,*#+"-$* %(V(*97 I%,i #/'#+$'$ -$ +#*"8.$ 0#,*$- (/ 4$+#(/,(% $%#/,90i,#+9% +9/ @< %(V(*$ +9/ '$r9 V(/,*#+"-$* #Sp"#(*'9 0./#09 $ 09'(*$'9 J$ *(4$*$+#M/ V$-V"-$* (%,i *(+90(/'$'$ %9:*( -$ %"%,#,"+#M/ V$-V"-$* (/ -$ 0$N9*.$ '( -9% 4$+#(/,(% +9/ @< %(V(*$ N +*M/#+$7 J9% 4$+#(/,(% '(:(*i/ %(* (/V#$'9% $ "/ +(/,*9 +9/ (;4(*#(/+#$ p"#*X*8#+$7 I% *$S9/$:-( -$ *(4$*$+#M/ V$-V"-$* (/ +(/,*9% +9/ (;4(*#(/+#$c (/ 4$+#(/,(% $%#/,90i,#+9% +9/ @< %(V(*$ N 1"/+#M/ V(/,*#+"-$* /9*0$- +9/ 49%#:#-#'$'(% '( U;#,9 0$N9*(% '(- [\q7 I% *$S9/$:-( -$ +#*"8.$ 0#,*$- (/ 4$+#(/,(% $%#/,90i,#+9% +9/ @< %(V(*$ N +*M/#+$ +9/ 1"/+#M/ V(/,*#+"-$* /9*0$N Q#:*#-$+#M/ $"*#+"-$* '( *(+#(/,( #/#+#97 I% *$S9/$:-( -$ +#*"8.$ 0#,*$- (/ 4$+#(/,(% $%#/,90i,#+9% +9/ @< %(V(*$ +9/ 1"/+#M/ V(/,*#+"-$* /9*0$- N 4*(%#M/ %#%,M-#+$ 4"-09/$* v T\ 0038 (/ *(49%9 N v Y\ 0038 (/ (k(*+#+#97 I% *$S9/$:-( -$ +#*"8.$ 0#,*$- (/ 4$+#(/,(% +9/ @< %(V(*$ N +*M/#+$ +9/ '$r9 V(/,*#+"-$* %(V(*9c $1(+,$+#M/ '($4$*$,9 %":V$-V"-$* (/ p"#(/(% -$ *(4$*$+#M/ ,#(/( $-,$% 49%#:#-#'$'(% '( U;#,97
I/ (- 4*#0(* /#V(- '( $,(/+#M/ 0U'#+$c +9/ -$ %9%4(+3$ +-./#+$ '( 4$,9-98.$ V$-V"-$* 0#,*$- %( '(:(/ %9-#+#,$* $L„ 9 O„ /#V(- $49N9 '#$8/M%,#+9 4$*$ *($-#S$* I=!7c H$N9% ; N (+9+$*'#98*$0$7 I/ (- 4*#0(* /#V(- '( $,(/+#M/ 0U'#+$ +"$/'9 %( +"(/,( +9/ (- ';7 @/,(8*$- %( *(+90#(/'$ (/V#$* (- 4$+#(/,( $L„ /#V(- 4$*$ V$-9*$+#M/ +$*'#9-M8#+$7 D( *(+90#(/'$ (/V#$* '(- D(8"/'9 /#V(- $- ,(*+(* /#V('( $,(/+#M/ +-./#+$ +"$/'9 /9 %( +"(/,( +9/ (- *(+"*%9 3"0$/9f +$*'#M-989g (/ (- %(8"/'9 /#V(-7 D( *(+90#(/'$ (/V#$* '(- %(8"/'9 /#V(- $- ,(*+(* /#V('( $,(/+#M/ 0U'#+$ $ -9% 4$+#(/,(% +9/ (/1(*0('$' V$-V"-$* p"( $0(*#,(/ (%,"'#9 (/ (- -$:9*$,9*#9 '( 3(09'#/i0#+$ N59 ,*$,$0#(/,9 p"#*X*8#+97 E9'9% -9% 4$+#(/,(% p"( 3$N$/ *(+#:#'9 +#*"8.$ V$-V"-$* /(+(%#,$/ "/ %(8"#0#(/,9 +$*'#9-M8#+9 '( 49* V#'$7 D( *(+90#(/'$ p"( (- ,(*+(* /#V(- '( $,(/+#M/ 0U'#+$ '(:(*i (/V#$* $- L„ /#V(- $ -9% 4$+#(/,(% p"( 3$/ %#'9 %90(,#'9% $ ,*$,$0#(/,9 p"#*X*8#+9 N %9/ 49*,$'9*(% '( Vi-V"-$ 4*9,U%#+$7 D( *(+90#(/'$ *($-#S$* (- +9/,*9- '( $/,#+9$8"-$/,(%c 4*91#-$;#% '( 1#(:*( *("0i,#+$ N (/'9+$*'#,#% $%. +909 $k"%,( '( 9,*9% 0('#+$0(/,9% (/ (- %(8"/'9 /#V(- '( $,(/+#M/7 D( *(+90#(/'$ (/V#$* '(- %(8"/'9 $- ,(*+(* /#V(- '( $,(/+#M/ 0U'#+$ $ -9% 4$+#(/,(% +9/ %9%4(+3$ +-./#+$ N59 $";#-#$*(% '( '#$8/M%,#+9 '( 4$,9-98.$ p"( $0(*#,( /"(V$0(/,( ,*$,$0#(/,9 f'#%1"/+#M/ 4*9,U%#+$c '#%1"/+#M/ '( 9,*$ Vi-V"-$ +$*'#$+$c ^-9p"(9 A"*#+"-9m V(/,*#+"-$* (,+7g7
]@!@JAB=@A G DI!K@<@IBEF PY
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-
I/ -9% (/1(*09% +9/ I%,(/9%#% <#,*$- /9 %(V(*$ f_*($ ‚ >7T +0‰g N $%#/,90i,#+9% '(:(/ %(* *(V#%$'9% $/"$-0(/,( J$ *(V#%#M/ $/"$- '( -9% 4$+#(/,(% +9/ I%,(/9%#% <#,*$/9 %(V(*$ '(:( #/+-"#* "/ (-(+,*9+$*'#98*$0$ N "/$ 4-$+$ '( ,M*$;7 I- (+9+$*'#98*$0$ /9 %( #/'#+$ +909 4*i+,#+$ *",#/$*#$ $/"$- (/ -9% 4$+#(/,(% +9/ I%,(/9%#% <#,*$- /9 %(V(*$7 J$ (V$-"$+#M/ '(- *(%"-,$'9 '( "/$ ]<)^ '(:( *($-#S$*%( 3$%,$ p"( ,*$/%+"**$/ $- 0(/9% ,*(% '.$% '(4*9+('#0#(/,9 '(:#'9 $ -$% $-,(*$+#9/(% 49* ?944-(* %(+"/'$*#$% $- :*"%+9 +$0:#9 '( '#%,(/%#:#-#'$' '( -$% +i0$*$% +$*'#$+$%7 I- (%,"'#9 (+9+$*'#98*i1#+9 '( +9/,*9- '(%4"U% '( "/$ ]<)^ '(:( 9:k(,#V$* -$ #/,(8*#'$' '(- ,$:#p"( #/,(*$"*#+"-$*c (- $"0(/,9 '(- i*($ V$-V"-$*c -$ *('"++#M/ '(- 8*$'#(/,( ,*$/%0#,*$-c -$ *('"++#M/ '( -$ 4*(%#M/ 4"-09/$* N -$ +9/,#/(/+#$ '( -$ Vi-V"-$ 0#,*$-7 I/ -9% 4$+#(/,(% +9/ )*9-$4%9 ]$-V"-$* <#,*$- '(:(/ *(%,*#/8#*%( -$% $+,#V#'$'(% '(49*,#V$% +"$/'9 (;#%,( 09'(*$'9 +*(+#0#(/,9 V(/,*#+"-$* M '#%1"/+#M/ '(0#%09c $**#,0#$% /9 +9/,*9-$'$%c #/,(*V$-9 WE 4*9-9/8$'9c %./+94( #/(;4-#+$:-(c 0"(*,( %X:#,$ *(+"4(*$'$ M *$.S $M*,#+$ (-9/8$'$7 J9% 4$+#(/,(% +9/ )*9-$4%9 ]$-V"-$* <#,*$- %#/ #/%"1#+#(/+#$ %#8/#1#+$,#V$ '(:(/ %(* (V$-"$'9% +-./#+$0(/,( +$'$ O $ T $r9%7 D( *(+90#(/'$ "/ (+9+$*'#98*$0$ $/"$- (/ -9% 4$+#(/,(% +9/ )*9-$4%9 ]$-V"-$* <#,*$- %9-9 (/ $p"(--9% p"( 4*(%(/,(/ '$,9% '( *#(%89 (-(V$'9 (/ -$ (;4-9*$+#M/ #/#+#$- M (/ -9% p"( 4*(%(/,(/ #/%"1#+#(/+#$ 4*98*(%#V$7 D( *(+90#(/'$ "/$ *(V#%#M/ +-./#+$ $/"$- (/ -9% 4$+#(/,(% +9/ )*9-$4%9 ]$-V"-$* <#,*$- p"( 4*(%(/,(/ '$,9% '( *#(%89 $-,9 M (/ -9% p"( 4*(%(/,(/ #/%"1#+#(/+#$ 0#,*$- '( 8*$'9 09'(*$'9 $ %(V(*97 J9% 4$+#(/,(% +9/ @/%"1#+#(/+#$ <#,*$- =*M/#+$ '( 8*$'9 -(V(c %#/ %./,90$%c +9/ 1"/+#M/ V(/,*#+"-$* +9/%(*V$'$ N %#/ 3#4(*,(/%#M/ 4"-09/$* '(:(/ %(* (V$-"$'9% +-./#+$0(/,( +$'$ $r97
D( *(+90#(/'$ "/ (+9+$*'#98*$0$ $/"$- (/ -9% 4$+#(/,(% +9/ @/%"1#+#(/+#$ <#,*$- =*M/#+$ '( 8*$'9 09'(*$'97 D( *(+90#(/'$ "/$ V$-9*$+#M/ +-./#+$ N (+9+$*'#98*i1#+$ +$'$ Y 0(%(% (/ -9% 4$+#(/,(% +9/ @/%"1#+#(/+#$ <#,*$=*M/#+$ '( 8*$'9 %(V(*9 J9% 4$+#(/,(% +9/ 4*M,(%#% V$-V"-$* 0(+i/#+$ *(p"#(*(/ "/$ (;4-9*$+#M/ +-./#+$ +904-(,$ (/ -$ 4*#0(*$ (V$-"$+#M/ 49%,m94(*$,9*#$c N 49%,(*#9*0(/,( '( $+"(*'9 $ %" (V9-"+#M/ +-./#+$7 D( '(:( *($-#S$* "/$ (;4-9*$+#M/ +-./#+$ +904-(,$ L $ P %(0$/$% 49%,(*#9* $- (8*(%9 39%4#,$-$*#9 '(%4"U% '( "/$ +#*"8.$ 0#,*$-c p"( '(:( #/+-"#* "/ I=FEE N (+9+$*'#98*$0$ ?944-(*c (/ +$%9 '( p"( /9 %( 3$N$ *($-#S$'9 4*(V#9 $- (8*(%97 I/ -9% 4$+#(/,(% +9/ 4*M,(%#% V$-V"-$* 0(+i/#+$c -$% V#%#,$% '( %(8"#0#(/,9 %( '(:(/ '( *($-#S$* (/ 19*0$ $/"$-c N (/ +$%9 /(+(%$*#9c *($-#S$* (+9+$*'#98*$0$c %# 3$N $/,(% "/ +$0:#9 (/ %" (%,$'9 +-./#+97 I/ 4$+#(/,(% +9/ 4*M,(%#% V$-V"-$* :#9-M8#+$ %( 4"('( +9/%#'(*$* (- %(8"#0#(/,9 +9/ "/ I=FEE '( 19*0$ $/"$-c -9% 4*#0(*9% T $r9% '( +#*"8.$c (/ +$%9 '( /9 4*(%(/,$* +$0:#9 (/ %" (%,$'9 +-./#+97 J$ *($-#S$+#M/ $/"$- '( I=FEE +909 *",#/$c BF (%,i #/'#+$'9 (/ $"%(/+#$ '( +$0:#9% (/ (- (%,$'9 +-./#+9 '( -9% 4$+#(/,(% +9/ 4*M,(%#% V$-V"-$* 0(+i/#+$c M '"*$/,( -9% 4*#0(*9% T $r9% 49%,(*#9* $ #04-$/,( '( 4*M,(%#% V$-V"-$* :#9-M8#+$7 J9% 4$+#(/,(% +9/ '#%1"/+#M/ %#%,M-#+$ '(- V(/,*.+"-9 #Sp"#(*'9 49%,(*#9* $ +#*"8.$ V$-V"-$*c '(:(/ '( *(+#:#* ,*$,$0#(/,9 0U'#+9 M4,#09 4$*$ #/%"1#+#(/+#$ +$*'.$+$c N +9/,#/"$*-9 #/+-"%#V(c %# 4*(%(/,$ 0(k9*.$ (/ -$ '#%1"/+#M/ V(/,*#+"-$*7 I/ -$% 4*M,(%#% 0(+i/#+$% %( *(+90#(/'$ $/,#+9$8"-$+#M/ +9/ +"0$*#/#+9%7<$/,(/(* -9% V$-9*(% '( @BH (/,*( L N O7T %9/ $'(+"$'9% 4$*$ -$ 0$N9*.$ '( -$% 4*M,(%#% 09'(*/$%7 J$ $'#+#M/ '( '9%#% :$k$% '( $%4#*#/$ fa\m>\\ 08g '#%0#/"N( (- *#(%89 ,*90:9(0:M-#+9c 4(*9 $"0(/,$ +-$*$0(/,( (- '( 3(09**$8#$7 D( *(+90#(/'$ (/ -$% 4*M,(%#% :#9-M8#+$% (/ 49%#+#M/ 0#,*$- 9 (/ 4*(%(/+#$ '( '( 1#:*#-$+#M/ $"*#+"-$* 9 +9/ PZ
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-
1$+,9*(% '( *#(%89 f$"*.+"-$ #Sp"#(*'$ '#-$,$'$c '#%1"/+#M/ %#%,M-#+$ %(V(*$c (0:9-#%09 4*(V#9g 0$/,(/(* -$ $/,#+9$8"-$+#M/ 4(*0$/(/,(7 J9% 4$+#(/,(% +9/ 4*M,(%#% V$-V"-$* 0(+i/#+$ p"( %"%4(/'(/ $/,#+9$8"-$/,(% 49* 4*9+('#0#(/,9% p"#*X*8#+9% %( '(:(/ (V$-"$* -9% 1$+,9*(% '( *#(%89 4$*$ ,*90:9%#%7 D( +9/%#'(*$/ 1$+,9*(% '( *#(%89 4$*$ ,*90:9%#%2 Q#:*#-$+#M/ $"*#+"-$*c ,*90:9(0:9-#%09 4*(V#9c '#%1"/+#M/ '(- V(/,*.+"-9 #Sp"#(*'9c (%,$'9% '( 3#4(*+9$8"-$:#-#'$'c 4*M,(%#% '( V#(k$ 8(/(*$+#M/c 4*M,(%#% 0(+i/#+$% (/ 49%#+#M/ ,*#+"%4#'($ N 4*(%(/+#$ '( '9% 4*M,(%#% 0(+i/#+$% 9 0i%7
?eAD ?I @B=A)A=@?A? IB ?FB?I )HF=I?A ="$/'9 (- 4$+#(/,( %($ %90(,#'9 $ +#*"8.$ V$-V"-$* '(:(*i '( %(* #/+$4$+#,$'97 D( *(+90#(/'$/ '( P\mY\ '#$%7
0+?*","0+ 1 2' +?"0$#'# "@/."&'
J$ (V$-"$+#M/ 0U'#+$ #/#+#$- ,#(/( +909 9:k(,#V9 1"/'$0(/,$-2 #'(/,#1#+$* #/'#V#'"9% +9/ %9:*(4(%9 " 9:(%#'$'c $%. +909 $p"(--9% (/ *#(%89 '( 9:(%#'$' p"( %( 4"('(/ :(/(1#+#$* +9/ -$ 4U*'#'$ '( 4(%97 ?"*$/,( -$ (V$-"$+#M/ 0U'#+$ #/,(8*$- '(- 4$+#(/,( +9/ 9:(%#'$'c %( '(:(/ 9:,(/(* '$,9% +-./#+9%c $/,*9490U,*#+9%c :#9p".0#+9% N '#(,U,#+9%7 J$ $,(/+#M/ 0U'#+$ #/,(8*$- '(- 4$+#(/,( +9/ 9:(%#'$'c *(p"#(*( '( -$ 4$*,#+#4$+#M/ '( "/ (p"#49 ,*$/%'#%+#4-#/$*#9 f(/'9+*#/M-989c 0U'#+9 #/,(*/#%,$c 4('#$,*$c 4%#+M-989c 4%#p"#$,*$c /",*#+#9/#%,$ '#(,#%,$g p"( 4(*0#,$/ +"04-#* 9:k(,#V9% (%4(+.1#+9% '( +$'$ i*($c %#(/'9 4*#9*#,$*#9 +9/%#'(*$* -$% (;4(+,$,#V$% N 4*(1(*(/+#$% '(- 4$+#(/,( J$ #/19*0$+#M/ /",*#+#9/$- 4(*%9/$-#S$'$ N (%(8"#0#(/,9 #/,(/%#V9 49* 4$*,( '( "/ (p"#49 4*91(%#9/$- +9/ %"1#+#(/,( '#%49/#:#-#'$'c 1$V9*(+(/ "/$ :"(/$ $+(4,$+#M/ N59 $'3(%#M/ $ -9% 4*98*$0$% '( ,*$,$0#(/,9 '( -$ 9:(%#'$'7 I/ (- (%,"'#9 '( -$ 49:-$+#M/ +9/ %9:*(4(%9 N 9:(%#'$'c -$ 3#%,9*#$ +-./#+$ (% 1"/'$0(/,$- 4$*$2 $g #/V(%,#8$* 3i:#,9% '( V#'$c '( $-#0(/,$+#M/ N $+,#V#'$' 1.%#+$c :g (V$-"$* *#(%89 $+,"$- N 1","*9 '( +909*:#-#'$' Nc Og #/V(%,#8$* -$ '#%49%#+#M/ '( +$0:#9% '( +9049*,$0#(/,9 '(- 4$+#(/,( N '( -$ 1$0#-#$7 A- (V$-"$* 4$+#(/,(% +9/ %9:*(4(%9 N 9:(%#'$'c %( '(:( *($-#S$* "/$ 3#%,9*#$ +-./#+$ (%4(+.1#+$ 4$*$ 9*#(/,$* -$ (,#9-98.$ '( -$ 9:(%#'$'c #/V(%,#8$* 3#%,9*#$ 1$0#-#$* '( 9:(%#'$'c 1$+,9*(% '( *#(%89 +$*'#9V$%+"-$*c +909*:#-#'$' $%9+#$'$c (%,#-9 '( V#'$ +9/ U/1$%#% (/ ((%,$'9 /",*#+#9 f1*(+"(/+#$ '( #/8(%,$ '( $-#0(/,9% ( 3#%,9*#$ '#(,U,#+$g N 3i:#,9% '( $+,#V#'$' 1.%#+$7 Pa
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-
?"*$/,( (- #/,(**98$,9*#9 '(- 4$+#(/,( +9/ %9:*(4(%9 N 9:(%#'$' (% 4*#9*#,$*#9 #'(/,#1#+$* -$ ('$' '( #/#+#9 '( -$ 9:(%#'$'c 4(*.9'9% '( 0i;#09 #/+*(0(/,9 '(- 4(%9c 1$+,9*(% 4*(+#4#,$/,(%c (;+-"#* +$"%$% %(+"/'$*#$% ( #/V(%,#8$* (/1(*0('$'(% N +9/'#+#9/(% $%9+#$'$%7 D( *(+90#(/'$ '9+"0(/,$* (/ -$ /9,$ 0U'#+$2 (%,$,"*$c 4(%9c ./'#+( '( 0$%$ +9*49*$- f@<=gc +#*+"/1(*(/+#$ '( -$ +#/,"*$c %#8/9% V#,$-(%c 3i:#,9% '( $+,#V#'$' 1.%#+$ N $-#0(/,$*#$c 3#%,9*#$ 1$0#-#$* '( 9:(%#'$'c $/,(+('(/,( '( ,$:$p"#%09c $-+939-#%09c (04-(9 '( 0('#+#/$ $-,(*/$,#V$ N %./,90$% '( $4/($ '(- %"(r9c (/1(*0('$' +$*'#9V$%+"-$* N $*,#+"-$*7 J$ 3#%,9*#$ +-./#+$ /",*#+#9/$*(p"#(*( #'(/,#1#+$* 1$+,9*(% '( *#(%89 p"( +$"%(/ 9:(%#'$' ( #/V(%,#8$* 3i:#,9% $-#0(/,#+#9% f,#49 N 39*$*#9%gc '( $+,#V#'$' 1.%#+$ N 1$--$% $ ,*$,$0#(/,9% 4*(V#9% '( 9:(%#'$'7 J$ 0('#+#M/ '( -$ +#*+"/1(*(/+#$ '( -$ +#/,"*$ (/ 390:*(% N 0"k(*(%c (% "/$ 3(**$0#(/,$ %(/+#--$ N Vi-#'$ '( 4*909+#M/ '( -$ %$-"' 4$*$ #'(/,#1#+$* $ -$% 4(*%9/$% (/ *#(%89 '( (/1(*0('$' +$*'#9V$%+"-$*c ,*$%,9*/9% '(%"(r9 N '#$:(,(%7 D( '(:( (04-($* -$ 0('#+#M/ '( -$ +#*+"/1(*(/+#$ $:'90#/$- (/ +9/k"/,9 +9/ (- @<= 4$*$ (V$-"$* (- *#(%89 '( +909*:#-#'$' $%9+#$'9 $ -$ 9:(%#'$'7 E9'9% -9% $'"-,9% '(:(/ %(* $-(/,$'9% $ *(V#%$* 4(*#M'#+$0(/,( %" 4(%9 N -$ 0('#+#M/ '( -$ +#*+"/1(*(/+#$ '( -$ +#/,"*$7 J$ 0('#+#M/ '( -$ +#*+"/1(*(/+#$ $:'90#/$- '(:( *($-#S$*%( 49* 4(*%9/$- '(:#'$0(/,( (%,$/'$*#S$'9c +$4$+#,$'97 )$*$ *($-#S$* -$ 0('#+#M/ %( *(p"#(*( '( "/$ +#/,$ 0U,*#+$ '( 1#:*$ '( V#'*#9c +9/ (- %"k(,9 '( 4#(c %#/ *94$ $ /#V(- $:'90#/$-c (/ 49%#+#M/ $/$,M0#+$2 4#(% k"/,9% N $:'90(/ *(-$k$'9c -9% :*$S9% $ -9% -$'9% -#8(*$0(/,( %(4$*$'9% N (- 4(%9 *(4$*,#'9 (/ 19*0$ (p"#,$,#V$ (/,*( $0:9% 4#(%7 D( +9-9+$ -$ +#/,$ 0U,*#+$ $-*('('9* '( -$ +#/,"*$2 ,90$/'9 +909 *(1(*(/+#$ -$ -./($ 0('#$ $;#-$* %( -9+$-#S$ (- 4"/,9 0('#9 (/,*( (*(:9*'( +9%,$- #/1(*#9* N (- :9*'( %"4(*#9* '( -$% +*(%,$% #-.$+$%7 J$ -(+,"*$ %( *($-#S$ $- 1#/$- '( "/$ (%4#*$+#M/ /9*0$-c $%(8"*i/'9%( '( p"( -$ +#/,$ (%,U $k"%,$'$ 4(*9 %#/ +904*#0#* -$ 4#(- N (/ "/ 4-$/9 4$*$-(-9 +9/ (4#%97 J$ 0('#'$ %( *(8#%,*$ (/ +(/,.0(,*9%7 D( *(p"#(*( '#$8/9%,#+$* (- (%,$'9 '( /",*#+#M/ $ ,*$VU% '(2 $g (V$-"$* +9/%"09 (/(*8U,#+9c '#%,*#:"+#M/ (/(*8U,#+$c +$/,#'$' N ,#49 '( /",*#0(/,9% +9/%"0#'9%
f,#(049% '( $-#0(/,$+#M/c ,#49 '( $-#0(/,9%c ,$0$r9 '( -$% 49*+#9/(%c "%9 '( %"4-(0(/,9%c ,#49 '( '#(,$% (04-($'$% 4$*$ *('"++#M/ '( 4(%9gc :g (V$-"$* #/'#+$'9*(% +-./#+9%c $/,*9490U,*#+9% N :#9p".0#+9%c 4$*$ (%,$:-(+(* (- 4-$/ '( $-#0(/,$+#M/c %(8"#0#(/,9c $%(%9*.$c +9/,*9- N *(19*S$0#(/,9 '( $++#9/(%7 J$ V$-9*$+#M/ +-./#+$ '(- (%,$'9 /",*#+#9 *(p"#(*( '( "/$ (;4-9*$+#M/ 1.%#+$ %#%,(0i,#+$ 49* M*8$/9% N $4$*$,9%c +9/ (- 9:k(,#V9 '( (V$-"$* (- (%,$'9 8(/(*$-c ,#49 '( '#%,*#:"+#M/ '( -$ 8*$%$ +9*49*$- N 9:,(/(* 0('#'$% $/,*9490U,*#+$% :i%#+$% f4(%9c ,$--$c 4(*.0(,*9 :*$p"#$f(/ (- :*$S9 #Sp"#(*'9 9 /9 '90#/$/,(gc 4-#(8"(% +",i/(9% f,*#+#4#,$- N %":(%+$4"-$* #Sp"#(*'9% 9 '(- -$'9 /9 '90#/$/,(g N 4(*.0(,*9% +#/,"*$m+$'(*$7 J$ 0('#+#M/ +9/k"/,$ '( -9% 4-#(8"(% +",i/(9% fp"( 0#'(/ (- ,(k#'9 $'#49%9 $ /#V(- %":+",i/(9g N -9% 4(*.0(,*9% f$/,(:*$S9c +#/,"*$c +$'(*$gc 4(*0#,(/ (%,#0$* -$% i*($% 0"%+"-$* N 8*$%$7 H(4*(%(/,$/ "/$ ,U+/#+$ 1i+#- '( *($-#S$*c p"( *(p"#(*( -$ ",#-#S$+#M/ '( "/ 4-#+M0(,*97 J9% #/+9/V(/#(/,(% %9/ -$ V$*#$:#-#'$' '( -$ 0('#'$ %(8X/ (- 4*91(%#9/$- p"( -$ *($-#+(c -$ '#1#+"-,$' p"( 3$N 4$*$ 0('#* 8*$/'(% 4-#(8"(% N %M-9 0#'( -$ 8*$%$ %":+",i/($ N /9 -$ V#%+(*$-7 J9% (%,"'#9% :#9p".0#+9% p"( %( '(:(/ %9-#+#,$* (/ -$ (V$-"$+#M/ '(- 4$+#(/,( +9/ %9:*(4(%9 N 9:(%#'$'c #/+-"N(/2 :#90(,*.$ 3(0i,#+$ +904-(,$c 4(*1#- '( -.4#'9%c 4*"(:$% '( 1"/+#M/ 3(4i,#+$c 8-"+9%$ %U*#+$ (/ $N"/9c +*($,#/#/$ %U*#+$c (-(+,*M-#,9% %U*#+9% fnc =$c <8g N (;$0(/ 8(/(*$- '( 9*#/$7 K/9 '( -9% 4*#/+#4$-(% /",*#0(/,9% $ (V$-"$* -9 *(4*(%(/,$ (- (%,$'9 4*9,(#+9 '(- 9*8$/#%09 '(:#'9 $ %" +9**(-$+#M/ +9/ '(%/",*#+#M/ (/(*8U,#+9m4*9,(.+$7 )$*$ (--9c %( '(:( '(,(*0#/$* (/ 4*#0(*$ #/%,$/+#$ -$ (;#%,(/+#$ 9 %9%4(+3$ '( p"( %( 4*(%(/,$ $-8"/$ $-,(*$+#M/ (/ -9% #/'#+$'9*(% *(-$+#9/$'9% +9/ (%,( /",*#0(/,9c 4$*$ +9/ :$%( (/ (--9 %(-(++#9/$* (V$-"$+#9/(% '( 4*9,(./$ %90i,#+$ f(;+*(+#M/ "*#/$*#$ '( +*($,#/#/$g 9 V#%+(*$- f$-:X0#/$c ,*$/%1(**#/$c 4*($-:X0#/$g 9 #/0"/#'$' (%4(+.1#+$ f+"(/,$ ,9,$- '( -#/19+#,9%g7 I/ +$%9 '( %9%4(+3$* '(1#+#(/+#$ 9 (;+(%9 '( /",*#0(/,9% #/9*8i/#+9% 9 V#,$0#/$%c %( '(:(/ %(-(++#9/$* #/'#+$'9*(% :#9p".0#+9% (%4(+.1#+9% +909 49* (k(04-9 1(**#,#/$ %U*#+$c %$,"*$+#M/ '( ,*$/%1(**#/$ 9 3(098-9:#/$ 4$*$ '(1#+#(/+#$ '( 3#(**97
P[
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-
I/ -$ 49:-$+#M/ #/1$/,#- +9/ %9:*(4(%9 N 1$+,9*(% '( *#(%89 f3#%,9*#$ 1$0#-#$* '( (/1(*0('$'(% *(-$+#9/$'$% +9/ 9:(%#'$'c 3#4(*,(/%#M/c '#%-#4#'(0#$c ,$:$p"#%09g %( *(+90#(/'$ %9-#+#,$* $- 0(/9% 4(*1#- '( -.4#'9%c ,*$/%$0#/$%$% N 8-"+9%$ 4-$%0i,#+$ (/ $N"/97 I/ -$ 49:-$+#M/ #/1$/,#- +9/ @<= 4$*$ -$ ('$' N %(;9 N %#/ 1$+,9*(% '( *#(%89 +$*'#9V$%+"-$*c %( *(+90#(/'$ %9-#+#,$* $- 0(/9% 4(*1#- '( -.4#'9% (/ $N"/97 J9% %#8"#(/,(% 0('#+$0(/,9% %( $%9+#$/ +9/ $"0(/,9 '( 4(%9c 3$%,$ >\ |8 (/ $-8"/9% +$%9%c 49%,(*#9* $ >L %(0$/$% '( %" (04-(9c (/,*( (%,9% %( #/+-"N(/2 +-9S$4#/$c :(,$ :-9p"($'9*(% $'*(/U*8#+9%c 4$*,#+"-$*0(/,( 4*94*$/9-9-w #/%"-#/$c -#,#9c V$-4*9$,9 '( %9'#9c %"-19/#-"*($% f+-9*4*94$0#'$c 8-#:(/+-$0#'$c 8-#0(4#*#'$ N 8-#4#S#'$gc ,#$S9-#'#/('#9/$%c #/+-"N(/'9 4#98-#,$S9/$ N $/,#'(4*(%#V9% ,*#+.+-#+9%c +909 -$ $0#,*#4,#-#/$7
A"/$'9 $ "/$ (V$-"$+#M/ 0U'#+$ (%,i #/'#+$'$ "/$ (V$-"$+#M/ 4%#+9-M8#+$ N %9+#$- 4$*$ #'(/,#1#+$* -$% :$**(*$% p"( #04#'(/ 4$*,#+#4$* (/ "/ 4*98*$0$ '( '#(,$ N $+,#V#'$' 1.%#+$c '(:( #'(/,#1#+$*%( +9/'#+#9/(% $%9+#$'$% +909 '(4*(%#M/c (%,*U% 49%,*$"0i,#+9c $/%#('$'c ,*$%,9*/9 :#49-$*c $'#++#9/(%c ,*$%,9*/9% '( $-#0(/,$+#M/ N $-+939-#%097 I/ ,9'9 4*98*$0$ '( +9/,*9- '( 4(%9 %( '(:(/ #/+-"#* #/,(*V(/+#9/(% '( %949*,( 4%#+9-M8#+9 #/'#V#'"$- 9 8*"4$- N59 4%#p"#i,*#+9c (/ +$%9% (%4(+.1#+9% 4$*$ #'(/,#1#+$* +9/'#+#9/(% 4%#+94$,9-M8#+$% f$/%#('$'c '(4*(%#M/c +9/'"+,$ :"-.0#+$ " 9,*9% ,*$%,9*/9% '( -$ +9/'"+,$ $-#0(/,$*#$g p"( 4"('$/ %(* '(,(*0#/$/,(% '( -$ 9:(%#'$' J9% 4$+#(/,(% +9/ 9:(%#'$'c '(4*(%#M/ N ,*$%,9*/9% '( -$ $-#0(/,$+#M/ '(:(/ %(* (V$-"$'9% N *(1(*#'9% 4$*$ %" ,*$,$0#(/,9 (%4(+#$-#S$'9 $- 4%#p"#$,*$7
?"*$/,( (- #/,(**98$,9*#9 '(- 4$+#(/,( +9/ %9:*(4(%9 N 9:(%#'$'c %( '(:( #/V(%,#8$* (- (04-(9 '( 1i*0$+9% p"( #/,(*1#(*(/ +9/ -$ 4U*'#'$ '( 4(%9 f$/,##/1-$0$,9*#9% /9 (%,(*9#'(9%c +$-+#9 $/,$89/#%,$%c ,*$,$0#(/,9 #/,(/%#V9 +9/ #/%"-#/$c #/3#:#'9*(% '( 4*9,($%$c %"-19/#-"*($%c ,#$S9-#'#/('#9/$%c V$-4*9$,9 '( %9'#9c 8$4$4(/,#/$c $0#,*#4,#-#/$c 4$*9;(,#/$c *#%4(*#'9/$c 9-$/S$4#/$c +-9S$4#/$ N (%,(*9#'(%g7
I- ,*$%,9*/9 49* $,*$+M/ f:#/8( ($,#/8g (% %#8/#1#+$,#V$0(/,( 0i% +90X/ (/ -$% 0"k(*(% fL[cZqg (/ +904$*$+#M/ +9/ -9% V$*9/(% fL>caqgc 4 ƒ \c\L7 J$% 4(*%9/$% +9/ (%,( ,*$%,9*/9 %9/ 0i% 4*94(/%$% $ ,(/(* %9:*(4(%9 (/ -$ #/1$/+#$ N ,#(/(/ 0$N9* 4*9:$:#-#'$' '( ,(/(* +909*:#-#'$' 4%#+9-M8#+$ f,*$%,9*/9% '( $/%#('$'c '(4*(%#M/ N '( 4(*%9/$-#'$'g (/ +904$*$+#M/ +9/ $p"(--$% %#/ (- ,*$%,9*/9 49* $,*$+M/7
J$ (V#'(/+#$ +#(/,.1#+$ '#%49/#:-( (% #/%"1#+#(/,( 4$*$ '(,(*0#/$* (- (1(+,9 '( -9% $/,#+9/+(4,#V9% +90:#/$'9% %9:*( (- 4(%97
J9% 4*91(%#9/$-(% '( -$ %$-"' '(:(/ %(* #/V(%,#8$* -$ 49%#:#-#'$' '( ,*$%,9*/9 49* $,*$+M/ (/ 4$+#(/,(% p"( ,#(/(/ '#1#+"-,$' 4$*$ 4(*'(* 4(%9 N 0$/,(/(* -$ 4U*'#'$ '( 4(%97
D( '(:( $'V(*,#* $ -9% 4$+#(/,(% p"( (- "%9 '( $/,#+9/+(4,#V9% +90:#/$'9% 9 -$ ,(*$4#$ '( *((04-$S9 39*09/$- /9 %( $%9+#$ +9/ $"0(/,9 '( 4(%9 %#8/#1#+$,#V9 I- 0U'#+9 '(:( (V$-"$* (- /#V(- '( 4*(4$*$+#M/ N -$% :$**(*$% $- +$0:#9c $/,(% '( #04-(0(/,$* "/ 4*98*$0$ '( +$0:#9% (/ (%,#-9% '( V#'$ 4$*$ (- +9/,*9- '( 4(%97 J9% 4$+#(/,(% +9/ 9:(%#'$' p"( *(+#:(/ $%(%9*$0#(/,9 4$*$ :$k$* '( 4(%9 49* 4$*,( '( -9% 0U'#+9% ,#(/(/ Lca V(+(% 0i% 4*9:$:#-#'$' '( #/,(/,$* 4(*'(* 4(%9 (/ +904$*$+#M/ $ -9% p"( /9 *(+#:(/ (- $%(%9*$0#(/,9 J9% 4*91(%#9/$-(% '( -$ %$-"' '(:(/ (V$-"$* -$ V9-"/,$' '( +$0:#9 '( -9% 4$+#(/,(% N 9*#(/,$* -$% #/,(*V(/+#9/(% '( 4U*'#'$ '( 4(%9 0i% #'M/($%7 f
@B]IDE@!AH QA=EFHID ?I H@ID!F G =F
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-
(/1(*0('$' $*,(*#$- +9*9/$*#$ %":+-./#+$ N -$ $,(*9(%+-(*9%#%7
4$*$ '(%$**9--$* 9:(%#'$' fFHc >cP\w @=[Tqc >c>T } >cZ>w ) z 7\\>g7
J9% 1$+,9*(% '( *#(%89 +$*'#9V$%+"-$* $%9+#$'9% +9/ -$ 9:(%#'$' (/ -$ #/1$/+#$ N $'9-(%+(/+#$ %9/2 3#4(*,(/%#M/ $*,(*#$-c '#%-#4#'(0#$c 3#4(*#/%"-#/(0#$ N $-,(*$+#9/(% (/ -$ 0$%$ V(/,*#+"-$* +$*'#$+$ #Sp"#(*'$7
J$ 9:(%#'$' 0$,(*/$ %( $%9+#$ +9/ "/ #/+*(0(/,9 (/ (*#(%89 '( $/90$-.$% (%,*"+,"*$-(% +9/8U/#,$%c (/,*( -9% p"( '(%,$+$/2 '(1(+,9% '(- ,":9 /("*$- (/ 8(/(*$- fFH >caZw @=[Tq >cYL } Lc>Tgc (%4#/$ :.1#'$ fFH LcLPw @=[Tq >caY } LcY[gc 4$-$'$* 3(/'#'9 fFH >cLOw @=[Tq >c\O m >cPZgc $,*(%#$ $/9*(+,$- fFH >cPaw @=[Tq >c>L } >c[Zgc 3#'*9+(1$-#$ fFH >cYaw @=[Tq >c>[ } LcOYg N 9,*$% $/90$-.$% +909 -$% +$*'#9V$%+"-$*(% fFHc >cO\w @=[Tq >c>L } >cT>g7
J$ 9:(%#'$'c $'(0i% '( #/+*(0(/,$* -$ 09*:#-#'$' +$*'#9V$%+"-$* (/ 49:-$+#M/ #/1$/,#-c ,$0:#U/ 4"('( 9+$%#9/$* 9,*9% (1(+,9% $'V(*%9% (/ -$ %$-"'c ,$-(% +909 $4/($ '(- %"(r9c *(1-"k9 8$%,*9(%91i8#+9c #/1#-,*$+#M/ 8*$%$ (/ 3.8$'9 N 4*9:-(0$% 9*,94U'#+9%7 I;#%,( "/$ $%9+#$+#M/ (/,*( 9:(%#'$' ( #/+*(0(/,9 (/ (*#(%89 '( '(%$**9--$* -("+(0#$c +i/+(* '( 0$0$c '( V(%.+"-$ :#-#$*c 4i/+*($%c 4*M%,$,$c +9-9/c (%M1$89c 9V$*#9c (/'90(,*#9 N +U-"-$% *(/$-(%7 J$ 9:(%#'$' (/ 4$+#(/,(% 39%4#,$-#S$'9% (/ K/#'$'(% '( ="#'$'9% @/,(/%#V9%c %( $%9+#$ %#8/#1#+$,#V$0(/,( +9/ 0$N9* '"*$+#M/ '( -$ V(/,#-$+#M/ 0(+i/#+$ N '.$% '( (%,$/+#$ 4*9-9/8$'$7 I- *#(%89 *(-$,#V9 4$*$ 4*(%(/,$* 3#4(*,(/%#M/ (/ 390:*(% +9/ %9:*(4(%9 (% '( >cLa f@=[Tqc >c>\ } >cT\g N (/ $p"(--9% +9/ 9:(%#'$' (% '( >caP f@=[Tqc >cT> } LcLPgc 0#(/,*$% p"( (- *#(%89 (/ 0"k(*(% +9/ %9:*(4(%9 4$*$ 4*(%(/,$* 3#4(*,(/%#M/ (% '( >cYT f@=[Tqc >cLP } Lc>[g N (/ 0"k(*(% +9/ 9:(%#'$' (% LcPL f@=[Tqc >cT[ } OcYZg7 I- *#(%89 *(-$,#V9 4$*$ 4*(%(/,$* (/1(*0('$' V$%+"-$* +(*(:*$- (/ 390:*(% +9/ %9:*(4(%9 (% '( >cLO f@=[Tqc >c>O } >cOPg N (/ $p"(--9% +9/ 9:(%#'$' (% '( >cT> f@=[Tqc >cOO } >cZLgc 0#(/,*$% p"( (- *#(%89 +9**(%49/'#(/,( (/ 0"k(*(% +9/ %9:*(4(%9 (% '( >c>T f@=[Tqc >c\\ } >cOLg N (/ 0"k(*(% +9/ 9:(%#'$' (% >cP[ t@=[Tqc >cLZ } >cZPLg7
J$ 9:(%#'$' #/+*(0(/,$ (- *#(%89 '( $:9*,9 (%49/,i/(97 J$% 0"k(*(% +9/ "/ @<= ‚ LT |850Lc ,#(/(/ 0$N9* 4*9:$:#-#'$' '( $:9*,9 fFH >cYZw @=[Tq >cLT } LcLTg #/'(4(/'#(/,(0(/,( '(- 0U,9'9 '( $/,#+9/+(4+#M/7 I- *#(%89 '( (/1(*0('$' 49* *(1-"k9 8$%,*9(%91i8#+9 %( (-(V$ (/ 4$+#(/,(% +9/ %9:*(4(%9 fFH >cPOg N 9:(%#'$' fFH >c[Pg7 <#(/,*$% p"( (- *#(%89 fFHg '( $'(/9+$*+#/90$ (%91i8#+9 4$*$ -9% 4$+#(/,(% +9/ @<= ‚ O\ (% '( LcZa f@=[Tqc >caT\ $ Pc>YPg7 J$ 9:(%#'$' $"0(/,$ (- *#(%89 '( (/1(*0('$' *(/$- (/ -$ 49:-$+#M/ 8(/(*$- N -$ $%9+#$+#M/ 4$*(+( %(* 0$N9* (/ 0"k(*(% fHH >7[Lg p"( (/ 390:*(% fHH >7P[g7 I/ -9% 4$+#(/,(% +9/ (/1(*0('$' *(/$- %":N$+(/,(c -$ 9:(%#'$' $1(+,$ /(8$,#V$0(/,( -$ 4*98*(%#M/ '( -$ (/1(*0('$'7 J9% 4$+#(/,(% +9/ %9:*(4(%9 N 9:(%#'$' (/ +904$*$+#M/ +9/ -9% 4$+#(/,(% +9/ 4(%9 /9*0$-c ,#(/(/ 0$N9* 1*(+"(/+#$ '( 39%4#,$-#S$+#M/ N 0"(*,( 49* +#**9%#%7 R$%,$ (- OZq '( -9% 4$+#(/,(% $%#/,90i,#+9% +9/ 9:(%#'$' 0M*:#'$ ,#(/(/ 3(4$,#,#% /9 $-+93M-#+$ f1*(/,( $- Oq (/ -$ 49:-$+#M/ 8(/(*$-g N [>q ,#(/(/ (%,($,9%#% f1*(/,( $- L\q (/ -$ 49:-$+#M/ 8(/(*$-g7
I/ 0"k(*(% +9/ %9:*(4(%9 (- *#(%89 *(-$,#V9 4$*$ (0:9-#%09 4"-09/$* (% '( >c[>c 0#(/,*$% p"( (/ -$% 0"k(*(% +9/ 9:(%#'$' (% '( OcT>7
A/,( "/ @<= '( O\ m OT |850Lc -$ 0('#$/$ '( %"4(*V#V(/+#$ %( *('"+( (/ L $ P $r9%c 0#(/,*$% p"( $/,( "/ @<= '( P\ m PT |850Lc %( *('"+( (/ a $ >\ $r9% f-9 p"( (% +904$*$:-( +9/ -9% (1(+,9% '(- 3i:#,9 '( 1"0$*g7
J9% #/'#V#'"9% +9/ 9:(%#'$' ,#(/(/ "/ P[q '( #/+*(0(/,9 (/ (- *#(%89 '( '(%$**9--$* 1#:*#-$+#M/ $"*#+"-$* (/ +904$*$+#M/ #/'#V#'"9% /9 9:(%9% fHH >cP[c @=[Tq >cOY } >cYPg7
J$ 9:(%#'$' #/+*(0(/,$ (- *#(%89 '( 9+"**(/+#$ '( 9%,(9$*,*9%#% fFAg '( +$'(*$ fFH Lc\g7
J$ 9:(%#'$' $"0(/,$ (- *#(%89 '( 4*(%(/,$+#M/ '( -$ '(4*(%#M/ fFH $k"%,$'9c >cTZw @=[Tqc >cLO m Lc\>w ) z 7\\>g7 <#(/,*$% p"( -$ '(4*(%#M/ #/+*(0(/,$ (- *#(%89
I- HH '( *((04-$S9 $*,#+"-$* '(:#'9 $ FA (/ 390:*(% +9/ %9:*(4(%9 (% '( LcZY N (/ $p"(--9% +9/ 9:(%#'$' (% '( PcL\c 0#(/,*$% p"( (- *#(%89 +9**(%49/'#(/,( (/ -$% T>
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-
0"k(*(% +9/ %9:*(4(%9 (% >ca\ N (/ -$% 0"k(*(% +9/ 9:(%#'$' (% '( >c[Y7 J$ 9:(%#'$' (% "/ 1$+,9* '( *#(%89 4$*$ (- '(%$**9--9 '( +904-#+$+#9/(% -9+$-(% fFH O7ac @=[Tq L7P m Y7Yg N %#%,U0#+$% fFH L7Oc @=[Tq >7P m O7ag (/ 4$/+*($,#,#% $8"'$ ( #/+*(0(/,$ %" *#(%89 '( 09*,$-#'$' fFH L7>c @=[Tq >7\ m P7ag7 J$ 4$/+*($,#,#% $8"'$ 8*$V( (% %#8/#1#+$,#V$0(/,( 0i% 1*(+"(/,( (/ 4$+#(/,(% +9/ 9:(%#'$' fFH L7[c @=[Tq >7a m P7Yg7 D( 3$ 9:%(*V$'9 "/$ *(-$+#M/ %#8/#1#+$,#V$ (/,*( -$ 9:(%#'$' N (- #/+*(0(/,9 (/ -$ 4*9:$:#-#'$' '( +(%i*($%c 3(09**$8#$c #/1(++#M/c 0$N9* '"*$+#M/ '( -$ (%,$/+#$ 39%4#,$-$*#$ N '(- (04-(9 '( +"#'$'9% #/,(/%#V9% /(9/$,$-(%7 R$N "/$ 1"(*,( $%9+#$+#M/ 49%#,#V$ (/,*( (- @<= 4*(+9/+(4+#9/$- 0$,(*/$ N (*#(%89 '( )*((+-$04%#$7 I- *#(%89 '( '(%$**9--$* '#$:(,(% 0(--#,"% 8(%,$+#9/$- (/ 0"k(*(% +9/ %9:*(4(%9c 9:(%#'$' N 9:(%#'$' 8*$V( (% '( L7>P f@=[Tqc >7aL m L7TOgc O7TY f@=[Tqc O7\T m P7L>g N '( a7TY f@=[Tqc T7\Z m >Yc\Pgc *(%4(+,#V$0(/,(c (/ +904$*$+#M/ +9/ -$% 0"k(*(% (0:$*$S$'$% +9/ 4(%9 '(/,*9 '( *$/89 /9*0$-7 I;#%,( "/$ $%9+#$+#M/ 49%#,#V$ (/,*( (- @<= 0$,(*/9 4*(+9/+(4+#9/$- N (- *#(%89 '( 4*((+-$04%#$7 I- *#(%89 '( -$ 4*((+-$04%#$ 8(/(*$-0(/,( %( '"4-#+$ +9/ +$'$ $"0(/,9 '( T7Z |850L (/ (- @<= 4*(+9/+(4+#9/$-7 I;#%,( "/$ (-(V$'$ 4*(V$-(/+#$ '( ,*$%,9*/9% '(- %"(r9 (/ 4(*%9/$% +9/ 9:(%#'$'7 J$ $4/($ 9:%,*"+,#V$ '(%"(r9 %( (/+"(/,*$ (/ -$ 0$N9*.$ '( -9% 4$+#(/,(% +9/ 9:(%#'$' 0M*:#'$7 J$ 9:(%#'$' (%,i 4*(%(/,( (/ (- O\mZTq '( -$% 0"k(*(% +9/ %./'*90( '( 9V$*#9 49-#p".%,#+97 I/ (- 4$+#(/,( +9/ 9:(%#'$'c %( '(:( '(,(+,$* ( #/V(%,#8$* (/ 19*0$ #/,(/+#9/$'$ ,*$%,9*/9% '(- %"(r9c 4$*,#+"-$*0(/,( -$ $4/($ '(- %"(r97 ^(/(1#+#9% '( -$ 4U*'#'$ '(- I;+(%9 '( 4(%9 N !*$%$ +9*949*$-7 J$ 4U*'#'$ '( 4(%9 4(*0#,( "/$ 0(k9*.$ %#8/#1#+$,#V$ (/ -$ %(/%#:#-#'$' $ -$ #/%"-#/$c -$ 8-"+9%$ (/ $N"/9 N -$ +9/+(/,*$+#M/ '( -9% ,*#8-#+U*#'9%7
K/$ 4U*'#'$ '( Tq '(- 4(%9 +9*49*$- %( $%9+#$ +9/ 0(k9*.$ '( -$ 1"/+#M/ 1.%#+$ N '#%0#/"+#M/ '(- '9-9* $*,#+"-$* '( *9'#--$ (/ 4$+#(/,(% +9/ 9:(%#'$'c 0$N9*(% '( Y\ $r9% '( ('$'c +9/ 9%,(9$*,*9%#% (%,$:-(+#'$7 K/$ 4U*'#'$ '( 4(%9 $-*('('9* '( T |8 %( $%9+#$ +9/ "/$ *('"++#M/ '( -$ 4*(%#M/ $*,(*#$- %#%,M-#+$ f)ADg '( (/,*( Oca } PcP 00R8 N "/$ *('"++#M/ '( -$ 4*(%#M/ $*,(*#$- '#$%,M-#+$ f)A?g '( (/,*( Oc\ } OcY 00R8 $ -9% >L 0(%(%7 <#(/,*$% p"( "/$ 4U*'#'$ '( 4(%9 '( $-*('('9* '( >\ |8 %( $%9+#$ +9/ "/$ *('"++#M/ '( -$ )AD $-*('('9* '( Y 00R8 N "/$ *('"++#M/ '( -$ )A? '( $-*('('9* '( P7Y 00R8 $ -9% '9% $r9%7 J9% 4$+#(/,(% +9/ '#$:(,(% 0(--#,"% ,#49 L p"( ,#(/(/ "/$ 4U*'#'$ '( 4(%9 '( T |8c 0"(%,*$/ "/$ *('"++#M/ '( -$ 8-"+9%$ 4-$%0i,#+$ '( $N"/9 '( (/,*( O7\Y 08 $ P7OL 08 $ -9% >L 0(%(%7 K/$ 4U*'#'$ '( 4(%9 $-*('('9* '( T |8 (/ 4$+#(/,(% 9:(%9% +9/ '#$:(,(% ,#49 L %( $%9+#$ +9/ "/$ *('"++#M/ '( -$ R:A>+ '( $-*('('9* '( \7Laq $ -9% >L 0(%(%7 I/ $'"-,9% +9/ #/,9-(*$/+#$ $ -$ 8-"+9%$c -$ 4U*'#'$ '( 4(%9 4"('( 4*(V(/#* (- '(%$**9--9 '( '#$:(,(%c $9:%(*V$*%( 3$%,$ "/ Taq '( *('"++#M/ (/ -$ #/+#'(/+#$7 K/$ 4U*'#'$ '( 4(%9 '( $-*('('9* '( T |8 (/ 4$+#(/,(% 9:(%9% (/ *#(%89 '( '#$:(,(% 0(--#,"% p"( *(+#:(/ #/,(*V(/+#9/(% (/ (- (%,#-9 '( V#'$c 0"(%,*$ "/$ *('"++#M/ '(- *#(%89 '( '(%$**9--$* #/,9-(*$/+#$ $ -$ 8-"+9%$ (/ "/ 4(*.9'9 '( L m T $r9%7 K/$ 4U*'#'$ '( 4(%9 %9%,(/#'$ fT |8 } >\ |8g (/ 4$+#(/,(% +9/ %9:*(4(%9 " 9:(%#'$' %( $%9+#$ +9/ "/$ *('"++#M/ '( -$% -#494*9,(./$% '( :$k$ '(/%#'$'c +9-(%,(*9- ,9,$- N ,*#8-#+U*#'9% $%. +909 +9/ "/ #/+*(0(/,9 '( -$% -#494*9,(./$% '( $-,$ '(/%#'$'7 I/ 4*90('#9c -$% 4(*%9/$% +9/ 9:(%#'$' p"( 3$/ 4$*,#+#4$'9 (/ (%,"'#9% +-./#+9% '( *('"++#M/ '( 4(%9 3$/ 09%,*$'9 '#%0#/"+#M/ '( -9% %./,90$% '( '(4*(%#M/7 J9% 4*91(%#9/$-(% '( -$ %$-"' '(:(/ #/19*0$* $ -9% 4$+#(/,(%c -9% :(/(1#+#9% $%9+#$'9% +9/ -$ 4U*'#'$ '( 4(%92 0(k9*.$ '(- 4(*1#- '( -.4#'9%c '#%0#/"+#M/ '( -$ '#%+$4$+#'$' $%9+#$'$ +9/ 9%,(9$*,*9%#%c '#%0#/"+#M/ '( -$ 09*,$-#'$' 49* ,9'$% -$% +$"%$%c +i/+(* N '#$:(,(% f?
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-
I/ -9% 4$+#(/,(% +9/ 4(%9 /9*0$- f@<= (/,*( >a7T n850L N LP7[ |850Lgc %( *(+90#(/'$ 4*949*+#9/$* ('"+$+#M/ %9:*( (%,#-9% '( V#'$ %$-"'$:-(% ( #/%,*"#* %9:*( -$ #049*,$/+#$ '( (V$-"$* 4(*#M'#+$0(/,( '(- @<= N -$ +#*+"/1(*(/+#$ '( +#/,"*$7
(/,*( -9% 4"/,9% '( +9*,( 9 V$-9*(% '( *(1(*(/+#$ (%,$:-(+#'9% 49* -$ =?= f=(/,(*% 19* ?#%($%( =9/,*9- $/' )*(V(/,#9/g N 49* -$ @FEQ f@/,(*/$,#9/$- F:(%#,N E$%| Q9*+(g (% 0./#0$7 D#/ (0:$*89c (% #049*,$/,( '(,(*0#/$* %" V$-#'(S (/ '#%,#/,9% 4$.%(% '(- 0"/'97
I- 9:k(,#V9 '( -$% #/,(*V(/+#9/(% 4$*$ -$ 4U*'#'$ N 0$/,(/#0#(/,9 '(- 4(%9 %9/2 0(k9*$* -$ +909*:#-#'$' 4*((;#%,(/,(c *('"+#* (- *#(%89 1","*9 '( +909*:#-#'$' $%9+#$'$ $ 9:(%#'$' N 0(k9*$* (- (%,$'9 1.%#+9c 0(/,$- N %9+#$-7
)$*$ +-$%#1#+$* (- %9:*(4(%9 N -$ 9:(%#'$' (/ 0(/9*(% '( >a $r9%c %( *(+90#(/'$ (04-($* 4"/,9% '( +9*,( #/,(*/$+#9/$-0(/,( $+(4,$'9% '( $+"(*'9 $ 4$,*9/(% '( +*(+#0#(/,9c '(%V#$+#M/ (%,i/'$* N '( 4(*+(/,#-$%7
=JAD@Q@=A=@CB ?IJ DF^HI)IDF G JA F^ID@?A? J9% V$-9*(% '(- ./'#+( '( 0$%$ +9*49*$- f@<=g %9/ #/'(4(/'#(/,(% '( -$ ('$' N $4-#+$ 4$*$ $0:9% %(;9%c ,#(/(/ "/$ +9**(-$+#M/ 49%#,#V$ +9/ (- 49*+(/,$k( '( 8*$%$ +9*49*$- N (% "/ 4*('#+,9* '( *#(%89 +$*'#9V$%+"-$*7 I- 4"/,9 '( +9*,( '(- @<= ‚ O\ |050Lc ,#(/( "/$ (%4(+#1#+#'$' '(- [Lq 4$*$ '#$8/9%,#+$* 9:(%#'$' N "/$ %(/%#:#-#'$' '(- T\q 4$*$ #'(/,#1#+$* -$ $'#49%#'$'7 D( '(:( #/,(*4*(,$* +9/ +$",(-$ N$ p"( (- @<= /9 *(4*(%(/,$ "/$ 0('#'$ '#*(+,$ '( -$ $'#49%#'$'7 A- #8"$- p"( -9% /#V(-(% '( 8*$%$ +9*49*$-c (- @<= N -9% 4(*+(/,#-(% '(- @<= %9/ +9/,#/"9%c 49* -9 p"( 4"('(/ %(* #04*(+#%9% 4$*$ +-$%#1#+$* %9:*(4(%9 " 9:(%#'$'7 I- +i-+"-9 '(- @<= f4(%9 t|#-98*$09%u '#V#'#'9 49* (+"$'*$'9 '( -$ (%,$,"*$ t0(,*9%u +"N$% "/#'$'(% %9/ |850Lg %( '(:( (04-($* +909 "/$ (%,#0$+#M/ 4*i+,#+$ 4$*$ +-$%#1#+$* $ -9% $'"-,9% +9/ :$k9 4(%9c %9:*(4(%9 " 9:(%#'$'7 I/ 49:-$+#M/ $'"-,$c -$ F
I/ 0(/9*(% '( L $r9%c +9/ :$%( $ -$ 0('#+#M/ '( 4(%9 4$*$ -$ ,$--$c %( +-$%#1#+$ (/ %9:*(4(%9 $ $p"(--9% +9/ 4"/,$k( '( s v ~L '(%V#$+#9/(% (%,i/'$* N %( +-$%#1#+$ +9/ 9:(%#'$' $ $p"(--9% +9/ 4"/,$k( '( s v ~O '(%V#$+#9/(% (%,i/'$*7 A 4(%$* '( -$ ",#-#'$' +-./#+$ '(- @<= 4$*$ +-$%#1#+$* (%9:*(4(%9 N -$ 9:(%#'$'c (% #049*,$/,( ,(/(* +-$*9 p"( -$ 0$%$ 8*$%$ N -$ 0$%$ -#:*( '( 8*$%$c 4"('( %(* $1(+,$'$ 49* V$*#$+#9/(% (/ (- $8"$ +9*49*$-c -$ 0$%$ M%($ N (- ,(k#'9 0"%+"-$*7 )9* -9 p"( (% 4*"'(/,( 3$+(* "/ '#$8/M%,#+9 '( -$ 9:(%#'$' +9/ :$%( (/ -$ 0('#'$ '(49*+(/,$k( '( 8*$%$ +9*49*$-7 D( *(+90#(/'$ (- (04-(9 '( $/i-#%#% '( #04('$/+#$ :#9(-U+,*#+$c '(:#'9 $ p"( (% "/$ ,U+/#+$ X,#- 4$*$ ((%,"'#9 '( -$ +9049%#+#M/ +9*49*$-c /9 #/V$%#V$c 91*(+( -$ 949*,"/#'$' '( #* 0i% $--i '(- ./'#+( '( 0$%$ +9*49*$-c /9 *(p"#(*( '( '(0$%#$'9 (/,*(/$0#(/,9 '(94(*$'9*c (% %(8"*$c %#/ +904-#+$+#9/(%c *(-$,#V$0(/,( '( :$k9 +9%,9 N 4*949*+#9/$ *(%"-,$'9% (/ 19*0$ #/0('#$,$7
)HI]IB=@CB )H@
$ \caTg7 D( 3$ 9:%(*V$'9 "/$ *(-$+#M/ '9%#%(1(+,9c (% '(+#*c (;#%,( 0(/9* *#(%89 '( 9:(%#'$' $ 0$N9* '"*$+#M/ '(- 4(*.9'9 '( -$+,$/+#$7 )9* +$'$ 0(% '( -$+,$/+#$ 0$,(*/$c 3$:*.$ "/$ '#%0#/"+#M/ '(- Pq (/ (- *#(%89 '( 9:(%#'$'7 I%,( (1(+,9 %( 4*9'"+#*.$ 3$%,$ -9% /"(V( 0(%(% '( -$+,$/+#$ 0$,(*/$7 J9% :(/(1#+#9% '( -$ -$+,$/+#$ 0$,(*/$ 4$*$ -$ %$-"' '( -9% *(+#U/ /$+#'9% $ +9*,9 4-$S9 %9/2 '#%0#/"+#M/ '( -$ 09*,$-#'$' (/ :(:U% /$+#'9% 4*(0$,"*$0(/,(c *('"++#M/ '( -$ 09*:#-#'$' #/1$/,#- '(:#'$ $ #/1(++#9/(% TO
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-
'#8(%,#V$%c *(%4#*$,9*#$%c "*#/$*#$% N '(- 9.'9 0('#9c $%. +909 0(/9% (/1(*0('$'(% $,M4#+$%7 J$ #/8(%,#M/ '( 8*$/9% (/,(*9% f$V(/$c +(*($-(% #/,(8*$-(%c $**9S #/,(8*$-c ,*#89 #/,(8*$-g 1*",$% N V(*'"*$% %( $%9+#$ +9/ "/ 0(/9* *#(%89 '( (/1(*0('$' +$*'#9V$%+"-$*7 I- +9/%"09 '( 1#:*$ '"*$/,( -$ (,$4$ $'"-,$ %( $%9+#$ +9/ "/ 0(/9* *#(%89 '( (/1(*0('$' +9*9/$*#$7 I%,( *#(%89 (% '( "/ >\ $ "/ O\q #/1(*#9* 49* +$'$ >\ 85'.$ '( $"0(/,9 (/ -$ #/8(%,#M/ '( 1#:*$ ,9,$-c 4*9+('(/,( '( -9% +(*($-(% 9 -$% 1*",$%7 I- +9/%"09 '( +(*($-(% #/,(8*$-(% 4"('( '#%0#/"#* -$ #/+#'(/+#$ '( '#$:(,(% 0(--#,"% ,#49 L N -$ 4*(V$-(/+#$ '( %./'*90( 0(,$:M-#+97 =9/%"0#* $- 0(/9% O *$+#9/(%5'.$ f(p"#V$-(/,( $ aT 85'.$g '( +(*($-(% #/,(8*$-(% 4"('( *('"+#* (- *#(%89 '( (/1(*0('$' +9*9/$*#$ (/ 390:*(% N 0"k(*(%7 D( *(+90#(/'$ $"0(/,$* -$ #/8(%,#M/ '( 8*$/9% (/,(*9% f$V(/$c $**9S #/,(8*$-c ,*#89 #/,(8*$-g N %"%,#,"#* -9% +(*($-(% *(1#/$'9% 49* +(*($-(% #/,(8*$-(%7 K/$ '#(,$ *#+$ (/ 1*",$% N V(*'"*$% $%9+#$'9 $ +$0:#9% (/ (- (%,#-9 '( V#'$ f$"0(/,9 '( (k(*+#+#9 ( #/8(%,#M/ -#0#,$'$ '( $-+939-gc 4"('(/ *('"+#* -$ 4*(%#M/ $*,(*#$%#%,M-#+$ N '#$%,M-#+$ '( 0$/(*$ %#0#-$* $ +909 -9 3$+( (,*$,$0#(/,9 1$*0$+9-M8#+97 J$% 1*",$% N -$% V(*'"*$% %9/ $-#0(/,9% '( :$k$ '(/%#'$' (/(*8U,#+$ p"( $"0(/,$/ -$ %$+#('$' N '#%0#/"N(/ -$ #/8(%,#M/c 49* -9 p"( %( *(+90#(/'$/ (/ 4*98*$0$% '( 4U*'#'$ 9 0$/,(/#0#(/,9 '(- 4(%97 K/$ '#(,$ +9/ $-,9 +9/%"09 '( +$*/( *9k$c 4*9+(%$'$ N 4*9'"+,9% *(1#/$'9%c %( $%9+#$ +9/ 0$N9* *#(%89 +$*'#9V$%+"-$*c 8$/$/+#$ '( @<= N '( +#/,"*$5+$'(*$ p"( "/$ $-#0(/,$+#M/ +9/ $-,9 +9/,(/#'9 '( 1*",$%c V(*'"*$% N +(*($-(% #/,(8*$-(%c +9/ #/'(4(/'(/+#$ '(%(;9 N -$ (,/#$7 J$ (-(V$'$ +$*8$ '( $/,#9;#'$/,(% '(*#V$'$ '(- +9/%"09 '( 1*",$% N V(*'"*$%c k"/,9 +9/ -9% :(/(1#+#9% 9:,(/#'9% 49* (- $+(#,( '( 9-#V$ (;,*$ V#*8(/ N (- +9/%"09 09'(*$'9 '( V#/9 ,#/,9 f>\\ 0-gc 3$+(/ p"( -$ '#(,$ 0('#,(**i/($ ,(/8$ (1(+,9% :(/U1#+9%c 4$*,#+"-$*0(/,( $- *('"+#* (- *#(%89 '( (/1(*0('$' +$*'#9V$%+"-$* N 0(k9*$ +9049/(/,(% '(- %./'*90( 0(,$:M-#+97
J$ '#(,$ 0('#,(**i/($ f1*",$% N V(*'"*$%c $+(#,( '( 9-#V$c /"(+(%c V#/9 ,#/,9c 0"N 49+$ +$*/( *9k$c 4(%+$'9g %( $%9+#$ +9/ "/$ 0$N9* %"4(*V#V(/+#$ ,$/,9 (/ -$ 49:-$+#M/ 8(/(*$- +909 (/ (/1(*09% +9/ +$*'#94$,.$ #%p"U0#+$7 J$ '#(,$ <('#,(**i/($ 4"('( %(* X,#- 4$*$ -$ *('"++#M/ '(- 4(%9 +9*49*$-c (%4(+#$-0(/,( +"$/'9 %( *(%,*#/8( (/ +$-9*.$%c %( $%9+#$ $ $+,#V#'$' 1.%#+$ N ,#(/( "/$ '"*$+#M/ 0$N9* '( Y 0(%(%7 J$ '#%0#/"+#M/ (/ (- +9/%"09 '( :(:#'$% $S"+$*$'$% (/ kMV(/(% '( >O $ >a $r9%c 4(*0#,( '#%0#/"+#9/(% '#%+*(,$% (/ (- @<=7 I/ 49:-$+#M/ #/1$/,#-c $'9-(%+(/,( N $'"-,$c %( *(+90#(/'$ -$ *(%,*#++#M/ (/ (- +9/%"09 '( :(:#'$% $S"+$*$'$% N (- 190(/,9 '( 4*98*$0$% p"( 1$V9*(S+$/ (- +9/%"09 '( $8"$7 I/ 49:-$+#M/ 0(;#+$/$c "/ +90#,U '( (;4(*,9% *(+90#(/'$ (- +9/%"09 '( $8"$ +909 :(:#'$ '( 4*#0(*$ (-(++#M/ 4$*$ "/$ V#'$ %$-"'$:-(c %(8"#'9 '( :(:#'$% %#/ 9 :$k$% (/ +$-9*.$% N -(+3( '(%+*(0$'$c (%,$% '(:(/ ,(/(* 4*#9*#'$' %9:*( -$% '( $-,9 V$-9* +$-M*#+9 9 :(:#'$% $S"+$*$'$%c #/+-"%9 %9:*( -$% p"( +9/,#(/(/ ('"-+9*$/,(% $*,#1#+#$-(%7 I- +9/%"09 '( '#(,$% +9/ :$k9 ./'#+( 8-"+U0#+9 *('"+( -$ 8-"+9%$ 4-$%0i,#+$ (/ $N"/9 N -$% 4*9,(./$% 8-#+9%#-$'$% #/'(4(/'#(/,(0(/,( '(- +9/%"09 '( 3#'*$,9% '( +$*:9/97 J$% 09'#1#+$+#9/(% '(- ./'#+( 8-"+U0#+9 9 '( -$ +$*8$ 8-"+U0#+$ '( -$ '#(,$ /9 ,#(/(/ (1(+,9 4(*%#%,(/,( %9:*( -$ 4U*'#'$ '( 4(%9 (/ (- ,*$,$0#(/,9 '( -$ 9:(%#'$'7 B9 %( 4"('( *(+90(/'$* -$ '#%0#/"+#M/ '( ./'#+( 8-"+U0#+9 N +$*8$ 8-"+U0#+$ +909 (%,*$,(8#$ (%4(+.1#+$ (/ (- ,*$,$0#(/,9 '#(,U,#+9 '( -$ 9:(%#'$'7 I- +9/%"09 *(8"-$* '( $-#0(/,9% +9/ $-,$ '(/%#'$' (/(*8U,#+$ N -$% x+90#'$% *i4#'$%yc %( $%9+#$/ +9/ #/+*(0(/,9 (/ (- *#(%89 '( 8$/$/+#$ '( 4(%9c %9:*(4(%9 " 9:(%#'$'7 I;#%,( 0$N9* 4*9:$:#-#'$' '( p"( -9% $'"-,9% 0$/,(/8$/ "/ 4(%9 %$-"'$:-( %# *('"+(/ (- +9/%"09 '( $-#0(/,9% '( $-,$ '(/%#'$' (/(*8U,#+$c %(-(++#9/$/ $-#0(/,9% :$k9% (/ 8*$%$%c +9/%"0(/ 1*",$%c +(*($-(% (/,(*9% N V(8(,$-(%c '#%0#/"N(/ -$ #/8(%,#M/ '( $-+939N (- +9/%"09 '( :(:#'$% $S"+$*$'$%7 TP
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-
A -9% #/'#V#'"9% p"( +9/%"-,(/ %9:*( -$ $,(/+#M/ '(4(%9c %( -(% '(:( *(+90(/'$* '#%0#/"#* -$ #/8(%,#M/ '( $-#0(/,9% '( $-,$ '(/%#'$' (/(*8U,#+$ f$-#0(/,9% p"( +9/,#(/(/ 8*$%$% '( 9*#8(/ $/#0$-c '"-+(% N :(:#'$% $S"+$*$'$%gc -#0#,$* -$ #/8(%,#M/ '( x+90#'$ *i4#'$y N '( $-+939-7 D( *(+90#(/'$ 0$/,(/(* (- +9/%"09 '( i+#'9% 8*$%9% ,*$/% -9 0i% :$k9 49%#:-( fz>q0 '( -$% +$-9*.$% ,9,$-(%g7 D( *(+90#(/'$ +9/%"0#* 0(/9% '( O\\ 08 49* '.$ '( =9-(%,(*9-7 D( *(+90#(/'$ *('"+#* -$ #/8(%,#M/ '( +$-9*.$% 4*9V(/#(/,(% '( 8*$%$% %M-#'$% N $SX+$*(% $8*(8$'9%c $%. +909 -#0#,$* (- +9/%"09 +(*($-(% *(1#/$'9%7 D( *(+90#(/'$ -$ ,90$ '( 0('#'$% 49* 4$*,( '( -$% $",9*#'$'(% +904(,(/,(% 4$*$ *(%,*#/8#* -$ 91(*,$ N -$ 4*909+#M/ '( 4*9'"+,9% $-#0(/,$*#9% +9/ $-,9 +9/,(/#'9 (/ 8*$%$% /9 *(+90(/'$:-(% 9 (/ $SX+$*(%7 =9/ (- 4*94M%#,9 '( 0$/,(/(* "/$ $-#0(/,$+#M/ %$-"'$:-(c %( *(+90#(/'$2 $g 4*909V(* -$ (-(++#M/ '( $-#0(/,9% #/,(8*$-(% f$V(/$c 1*#k9-c -(/,(k$%c 1*",$% N V(*'"*$c $**9S #/,(8*$-gc :g +9/%"09 '( 1*",$% N V(*'"*$%c +g (V#,$* (- +9/%"09 '( $-#0(/,9% 1*#,9%c :(:#'$%c '"-+(% +9/1#,$'9% +9/ $SX+$*(% $r$'#'9% N +90#'$% *i4#'$% 4$*$ --(V$*c 'g 4*(%,$* $,(/+#M/ $,$0$r9 '( -$ 49*+#M/ '( -$% +90#'$% N *(1*#8(*#9%c $%. +909 '( -$ 1*(+"(/+#$ +9/ p"( %( (%,i/ +9/%"0#(/'9 N (g 4$*$ -9% $'"-,9%c '#%0#/"#* -$% +$-9*.$% $ 4$*,#* '( -$% :(:#'$% $-+93M-#+$%7 I/ 49:-$+#M/ #/1$/,#-c /9 (;#%,( #/19*0$+#M/ +9/+-"N(/,( *(%4(+,9 $ -$ (1(+,#V#'$' N +9%,9(1(+,#V#'$' '( -$ $+,#V#'$' 1.%#+$ (/ (- 0$/(k9 '(- 4(%9c '(:#'9 $ -#0#,$+#9/(% 0(,9'9-M8#+$% '( -9% (%,"'#9% f49:*( ,$0$r9 '( 0"(%,*$ N 4(*.9'9 '( %(8"#0#(/,9c $%. +909 3(,(*98(/(#'$' (/ -$% V$*#$:-(% '( '(%(/-$+(g7 K/ 4*98*$0$ 0"-,#'#%+#4-#/$*#9 4$*$ -$ *('"++#M/ N (+9/,*9- '( (;+(%9 '( 4(%9 (/ (- p"( #/,(*V#(/(/ -$% #/%,#,"+#9/(% '( %$-"'c -$ 1$0#-#$ N -9% ('"+$'9*(%c 4*9'"+(/ +$0:#9% (/ (- @<=7 I/ -$ 49:-$+#M/ #/1$/,#- N $'9-(%+(/,( %( *(+90#(/'$ -$ #04-(0(/,$+#M/ '( 4*98*$0$% '( $+,#V#'$' 1.%#+$ 1"(*$ '(- 39*$*#9 (%+9-$*c $'$4,$'9% $ -$ ('$' N %"% 4*(1(*(/+#$%7
I/ -$ 49:-$+#M/ #/1$/,#- N $'9-(%+(/,( %( *(+90#(/'$ -$ #/%,$"*$+#M/ '( 4*98*$0$% +90"/#,$*#9% 9*#(/,$'9% $ 190(/,$* "/ (%,#-9 '( V#'$ %$-"'$:-(c "/$ $-#0(/,$+#M/ %$/$ N -$ 4*i+,#+$ '( $+,#V#'$' 1.%#+$7 =9/ (- 1#/ '( 0(k9*$* -$% 1"/+#9/(% +$*'#9**(%4#*$,9*#$% N 0"%+"-$*(%c -$ %$-"' M%($ N '( *('"+#* (- *#(%89 '( (/1(*0('$'(% /9 ,*$/%0#%#:-(%c %( *(+90#(/'$ p"( -9% /#r9% N kMV(/(% '( T $ >Z $r9% '(:(*i/ $+"0"-$* "/ 0./#09 '( Y\ 0#/",9% '#$*#9% '( $+,#V#'$' 1.%#+$ 09'(*$'$ 9 V#89*9%$c #'($-0(/,( '( ,#49 $(*M:#+$7 I% +9/V(/#(/,( #/+9*49*$*c +909 0./#09 ,*(% V(+(% 49* %(0$/$c $+,#V#'$'(% V#89*9%$% p"( *(1"(*+(/c (/ 4$*,#+"-$*c -9% 0X%+"-9% N 3"(%9%7 J$ $-#0(/,$+#M/ %$-"'$:-( N -$ *($-#S$+#M/ '( $+,#V#'$' 1.%#+$ f#/,(*V(/+#M/ +90:#/$'$g (/ $'9-(%+(/,(%c (% 09'(*$'$0(/,( (1(+,#V9 4$*$ 0(k9*$* -$ 4U*'#'$ '( 4(%9 +9*49*$-7 J$ $-#0(/,$+#M/ %$-"'$:-( N (- (k(*+#+#9 1.%#+9 %9/ 0i% (1#+$+(% 4$*$ +9/%(8"#* +9/,*9- '(- 4(%9c '#%0#/"+#M/ '( -$ +#*+"/1(*(/+#$ $:'90#/$- N '(- ,(k#'9 $'#49%9 V#%+(*$-c (/ +904$*$+#M/ $ -$% #/,(*V(/+#9/(% p"( %( +(/,*$/ X/#+$0(/,( (/ (- (k(*+#+#9 1.%#+97 I/ -$% V#%#,$% '( %(8"#0#(/,9 '( %$-"' #/1$/,#- %( *(+90#(/'$ #/+-"#* (- +9/%(k9 /",*#+#9/$- N '( 190(/,9 '( -$ $+,#V#'$' 1.%#+$ $'(+"$'9 $ -$ ('$'7 J$ #/$+,#V#'$' 1.%#+$ +9/%,#,"N( (- +"$*,9 1$+,9* '( *#(%89 0i% #049*,$/,( '( 09*,$-#'$' (/ ,9'9 (- 0"/'9 fYq '( '(1"/+#9/(% $ /#V(- 0"/'#$-g7 DM-9 -$ %"4(*$/ -$ 3#4(*,(/%#M/ f>Oqgc (- +9/%"09 '( ,$:$+9 f[qg N ((;+(%9 '( 8-"+9%$ (/ -$ %$/8*( fYqg7 I- %9:*(4(%9 N -$ 9:(%#'$' *(4*(%(/,$/ "/ Tq '( -$ 09*,$-#'$' 0"/'#$-7 I/ 4$+#(/,(% $'"-,9%c -$ *($-#S$+#M/ '( 0$N9*(% /#V(-(% '( $+,#V#'$' 1.%#+$ *('"+( (- *#(%89 '( 09*,$-#'$' 4*(0$,"*$ N (/1(*0('$'(% +*M/#+$% f(/1(*0('$' +$*'#9V$%+"-$*c (/1(*0('$' V$%+"-$* +(*(:*$-c 3#4(*,(/%#M/c +i/+(* '( +9-M/c +i/+(* '( 0$0$c '#$:(,(% 0(--#,"% ,#49 L N 9%,(949*9%#%g7 I/ -9% $'"-,9% '( >a $ YP $r9% %( *(+90#(/'$ *($-#S$* "/ 0./#09 '( >T\ 0#/",9% %(0$/$-(% '( $+,#V#'$' 1.%#+$ $(*M:#+$ 09'(*$'$c 9 :#(/ ZT 0#/",9% '( $+,#V#'$' 1.%#+$ $(*M:#+$ V#89*9%$ +$'$ %(0$/$7 J$ $+,#V#'$' $(*M:#+$ %( 4*$+,#+$*i (/ %(%#9/(% '( >\ 0#/",9% '( '"*$+#M/c +909 0./#097
TT
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-
I/ 49:-$+#M/ '(:#'$0(/,( %(-(++#9/$'$c N +9/ (4*94M%#,9 '( 9:,(/(* $X/ 0$N9*(% :(/(1#+#9% 4$*$ -$ %$-"'c -9% $'"-,9% '( >a $ YP $r9% '( ('$'c '(:(/ $"0(/,$* 3$%,$ O\\ 0#/",9% 49* %(0$/$ -$ 4*i+,#+$ '( $+,#V#'$' 1.%#+$ 09'(*$'$ $(*M:#+$c 9 :#(/ 3$%,$ >T \ 0#/",9% %(0$/$-(% '( $+,#V#'$' 1.%#+$ #/,(/%$ $(*M:#+$c 9 "/$ +90:#/$+#M/ (p"#V$-(/,( '( $+,#V#'$' 09'(*$'$ N V#89*9%$7 D( %"8#(*( *($-#S$* '9% V(+(% 9 0i% 49* %(0$/$c $+,#V#'$'(% '( 19*,$-(+#0#(/,9 '( -9% 8*$/'(% 8*"49% 0"%+"-$*(%7 ="$/'9 %( #/V#(*,(/ >T\ 0#/",9% %(0$/$-(% (/ $+,#V#'$'(% '( #/,(/%#'$' 09'(*$'$c -$% ,$%$% '( -(%#M/ '(- $4$*$,9 -9+909,9* %9/ 0"N :$k$%7 =9/ (- 1#/ '( 0(k9*$* -$% 1"/+#9/(% +$*'#9**(%4#*$,9*#$%c 0"%+"-$*(%c -$ %$-"' M%($ N 1"/+#9/$-c $%. +909 *('"+#* (- *#(%89 '( (/1(*0('$'(% /9 ,*$/%0#%#:-(%c '(4*(%#M/ N '(,(*#9*9 +98/#,#V9c %( *(+90#(/'$ p"( -9% $'"-,9% '( YT (/ $'(-$/,( '('#p"(/ >T\ 0#/",9% %(0$/$-(% $ *($-#S$* $+,#V#'$'(% 1.%#+$% 09'(*$'$% $(*M:#+$%c 9 :#(/ $-8X/ ,#49 '( $+,#V#'$' 1.%#+$ V#89*9%$ $(*M:#+$ '"*$/,( ZT 0#/",9%c 9 "/$ +90:#/$+#M/ (p"#V$-(/,( '( $+,#V#'$'(% 09'(*$'$% N V#89*9%$%7 J$ $+,#V#'$' %( 4*$+,#+$*i (/ %(%#9/(% '( >\ 0#/",9%c +909 0./#097 I- (p"#49 0U'#+9 '(:( *(+90(/'$* N 4*909V(* 3i:#,9% $-#0(/,$*#9% %$-"'$:-(% N (k(*+#+#9 (/ ,9'$ -$ 49:-$+#M/7 I% #049*,$/,( #/'#V#'"$-#S$* (- ,#49 N -$ #/,(/%#'$' '( $+,#V#'$' 1.%#+$c +9/%#'(*$/'9 -$ ('$'c 8U/(*9c 1$+,9*(% '( *#(%89 +$*'#9V$%+"-$*c (/1(*0('$' $*,#+"-$* 9 $-,(*$+#9/(% /("*9-M8#+$%7 )$*$ $49N$* -$ ('"+$+#M/ '( -$ 49:-$+#M/ +9/ %9:*(4(%9 N 9:(%#'$'c (- 4*91(%#9/$- '( -$ %$-"'c (% #'M/(9 '#%49/(* '( 0$,(*#$- (%+*#,9 9 $"'#9V#%"$- '( $49N9c +9/ +9/,(/#'9% /9 '#%+*#0#/$,9*#9% N $'$4,$'9% +"-,"*$-0(/,( $ '#%,#/,9% +9-(+,#V9% %9+#$-(%7
@BEIH]IB=@FBID IB IJ _<^@EF QA<@J@AH G ID=FJAH K/ (/%$N9 +-./#+9 $-($,9*#S$'9 (/ (- p"( 4$*,#+#4$*9/ >\T 1$0#-#$% +9/ 0(/9*(% '( a $ >L $r9% p"( ,(/.$/ %9:*(4(%9 9 *#(%89 '( %9:*(4(%9c 09%,*M p"( (- $/'$* Lc\\\ 4$%9% (;,*$% $- '.$ N (- +9/%"09 '( +(*($-(%c '"*$/,( >O %(0$/$%c %( $%9+#M +9/ "/$ '#%0#/"+#M/ '(@<= N -$ 8*$%$ +9*49*$- '( -9% 0(/9*(%7
$+,#V#'$' 1.%#+$c %9/ (1#+$+(% (/ 4*(V(/#* -$ 8$/$/+#$ '( (;+(%9 '( 8*$%$ +9*49*$-c $- 0(/9% (- ,#(049 p"( '"*$ -$ #/,(*V(/+#M/7 K/ 4(*.9'9 '( L $ T $r9%c (% "/ ,#(049 +-$V( 4$*$ (%,$:-(+(* :"(/9% 3i:#,9% /",*#+#9/$-(%c (%4(+#$-0(/,( +"$/'9 -9% 4$'*(% 4$*,#+#4$/7 I% /(+(%$*#9 #/V9-"+*$* $ 4$'*(% N 0$'*(% (/ -9% 4*98*$0$% 4$*$ "/$ '#(,$ %$-"'$:-( N $'(+"$'9 (%,#-9 '( V#'$ (/ -9% /#r9%c +9/ (- 9:k(,#V9 '( 4*(V(/#* (%9:*(4(%9 N -$ 9:(%#'$'7 J$ +$"%$% 0i% 1*(+"(/,( '( %9:*(4(%9 N 9:(%#'$' (/ -$ 49:-$+#M/ #/1$/,#- (% -$ +90:#/$+#M/ '( -$% %#8"#(/,(% +9/'#+#9/(%2 >7 4*(%(/+#$ '( V$*#$+#9/(% 8(/U,#+$% *(%49/%$:-(% '( -$ %"%+(4,#:#-#'$' $ 4$'(+(* 9:(%#'$'c L7 4U*'#'$ '( :$-$/+( (/,*( -$ #/8(%,#M/ '( (/(*8.$ N (8$%,9 p"( %( 4*9'"+( +9/ (- (k(*+#+#9c O7 1$-,$ '( $+,#V#'$'(% '(49*,#V$% '( 0('#$/9 N $-,9 8$%,9 (/(*8U,#+9 '( 0$/(*$ *(8"-$*c (% '(+#*c ,*(% 9 0i% V(+(% 49* %(0$/$ N P7 *($-#S$* $+,#V#'$'(% %('(/,$*#$% 49* 0i% '( ,*(% 39*$% $- '.$7 I;#%,( 0$N9* 4*9:$:#-#'$' '( p"( -9% $'"-,9% 0$/,(/8$/ "/ 4(%9 %$-"'$:-( %# (--9% ,#(/(/ "/ (%,#-9 '( V#'$ $+,#V9 N *('"+(/ -$ #/$+,#V#'$'7 I- V(* ,(-(V#%#M/ +9/%,#,"N( "/$ 19*0$ '( %('(/,$*#%09 p"( 4"('( %(* $%9+#$'9 +9/ (- +9/%"09 '( $-#0(/,9% '(/%$0(/,( (/(*8U,#+9%c 49* -9 p"( 4"('( %(* "/$ +$"%$ '( 8$/$/+#$ '( 4(%9c %9:*(4(%9 N 9:(%#'$'7 I/ -$ 49:-$+#M/ #/1$/,#- N $'9-(%+(/,( +9/ %9:*(4(%9 " 9:(%#'$'c %( $+9/%(k$ -#0#,$* -$% 39*$% '( ,(-(V#%#M/ 9 V#'(9k"(89% $ "/ 0i;#09 '( >cT 39*$% $- '.$c +9/ (9:k(,#V9 '( *('"+#* (- %('(/,$*#%097 D( *(+90#(/'$ *(,#*$* -$ ,(-(V#%#M/c -$% V#'(9+9/%9-$% N -$% +904",$'9*$% '( -$% 3$:#,$+#9/(% '( /#r9%c /#r$% N $'9-(%+(/,(% +9/ %9:*(4(%9 " 9:(%#'$'7 J$ -#0#,$+#M/ '( "/$ +9/'"+,$ %('(/,$*#$ (/ /#r9% '( a $ >L $r9% +9/ %9:*(4(%9 N 9:(%#'$'c %( *(-$+#9/$ %#8/#1#+$,#V$0(/,( +9/ *('"++#M/ '(- @<=c '#%0#/"+#M/ '( -$ #/8(%,#M/ +$-M*#+$ N '(- +9/%"09 '( :9+$'#--9%7 A -$ 49:-$+#M/ p"( +9/%"-,( %9:*( (- +"#'$'9 '(- 4(%9 %( -( '(:( $+9/%(k$* *($-#S$* $+,#V#'$' 1.%#+$ N *('"+#* (%('(/,$*#%097
J$% #/,(*V(/+#9/(% 1$0#-#$*(% (/19+$'$% (/ 09'#1#+$+#M/ '( -$ '#(,$ f$-#0(/,$+#M/ %$-"'$:-(g ( #/+*(0(/,9 '( -$ TY
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-
D( *(p"#(*(/ 4*98*$0$% ('"+$,#V9% '#*#8#'9% $ -$ 1$0#-#$ 4$*$ 190(/,$* "/ (%,#-9 '( V#'$ %$-"'$:-(c +9/ U/1$%#% (/ -$ $-#0(/,$+#M/ %$-"'$:-( N -$ 4*909+#M/ '( -$ $+,#V#'$' 1.%#+$7
J$% (%+"(-$% '(:(*.$/ #/+-"#* 4*98*$0$% ('"+$,#V9% 9*#(/,$'9% $ -$ 0(k9*$ '( -$ '#(,$c -$ $+,#V#'$' 1.%#+$ N -$ '#%0#/"+#M/ '(- %('(/,$*#%09c p"( #/+-"N$/ $ -$ 1$0#-#$ N $- 4(*%9/$- $+$'U0#+97
D( *(+90#(/'$ p"( -9% /#r9% N -$% /#r$% *($-#+(/ +90#'$% *(8"-$*(%c +9/ -$ 4*(%(/+#$ '( -$ 1$0#-#$ N %#/ (-(0(/,9% '( '#%,*$++#M/ f+909 -$ ,(-(V#%#M/g7
E$/,9 -$% 1$0#-#$% +909 -9% 4*91(%9*(% p"( ,*$:$k$/ (/ -$ (%+"(-$ '(:(/ (%,$* #/+-"#'9% (/ -9% 4*98*$0$% (%+9-$*(% '( ('"+$+#M/ 4$*$ -$ %$-"'7 D( *(+90#(/'$ 190(/,$* $+,#V#'$'(% (/ (- i0:#,9 (%+9-$* '#*#8#'$% $ '#%0#/"#* (- ,#(049 '(%,#/$'9 $ V(* -$ ,(-(V#%#M/c k"8$* +9/ V#'(9k"(89% 9 (- +(-"-$*7
J$% #/,(*V(/+#9/(% (%+9-$*(%c +9/ '"*$+#M/ 0$N9* $ > $r9c '#*#8#'$% $ 190(/,$* (- (k(*+#+#9 1.%#+9 (/ 4*((%+9-$*(% %9/ 09'(*$'$0(/,( (1#+$+(% 4$*$ 4*(V(/#* -$ 9:(%#'$'c '"*$/,( (- ,#(049 p"( '"*$ -$ #/,(*V(/+#M/7 I- (k(*+#+#9 $(*M:#+9 (% "/$ (%,*$,(8#$ '( 4*909+#M/ (;#,9%$ 4$*$ *('"+#* $-8"/9% 0$*+$'9*(% '( *#(%89 +$*'#9V$%+"-$*7 =9/ -$ 1#/$-#'$' '( '#%0#/"#* 1$+,9*(% '( *#(%89 +$*'#9V$%+"-$* f3#4(*,(/%#M/ $*,(*#$-c '#%-#4#'(0#$g (/ -$ 49:-$+#M/ (%+9-$*c %( *(+90#(/'$ *($-#S$* (k(*+#+#9 $(*M:#+9 '( #/,(/%#'$' 09'(*$'$ $ #/,(/%$c +#/+9 V(+(%5%(0$/$ N +9/ $- 0(/9% P\ 0#/",9% '( '"*$+#M/7 J9% 4*98*$0$% 49* #/,(*/(, 4$*$ (- +9/,*9- '( 4(%9c %( $%9+#$/ +9/ "/$ 4U*'#'$ 09'(%,$ '( 4(%9 N (1(+,9% 49%#,#V9% (/ (- 0$/,(/#0#(/,9 '(- 0#%097 J9% +$0:#9% (/ (- 4(%9 '(4(/'(/ '( -$ 1*(+"(/+#$ '( -$% %(%#9/(% N 49* '(1#/#+#M/c (%,i/ *(%,*#/8#'9% $ 4$*,#+#4$/,(% p"( ,#(/(/ +9/9+#0#(/,9% (/ #/19*0i,#+$ N ,#(/(/ $++(%9 $ #/,(*/(,7 J9% 4*98*$0$% 4$*$ (- +9/,*9- '( 4(%9 $ ,*$VU% '( @/,(*/(,c '(:(/ %(* +9/%#'(*$'9% +909 "/$ $-,(*/$,#V$ 0i% 4$*$ (- +9/,*9- '( 4(%9 (/ -9% 4$+#(/,(% +9/ 9:(%#'$'7 I/ (- $'9-(%+(/,(c -$% #/,(*V(/+#9/(% 0"-,#'#%+#4-#/$*(% p"( 1$+#-#,$/ "/$ $-#0(/,$+#M/ %$-"'$:-(c #/+-"N(/2 %949*,( 1$0#-#$*c '#%49/#:#-#'$' '( $-#0(/,9% %$/9% N '(%(9 '( V(*%( %$-"'$:-(c (- (1(+,9 (% V$*#$:-( %(8X/ -$ ('$' N (- %(;97 J$ #/8(%,#M/ $-#0(/,$*#$ (/ -$ (%+"(-$ '(:( %(* %$-"'$:-(c #/+-"N(/'9 V$*#('$' '( 1*",$% N V(*'"*$% N +90#'$% *('"+#'$% (/ 8*$%$ N $SX+$*(%7 I/ -$% (%+"(-$% %( '(:( 4*909V(* -$ $+,#V#'$' '(49*,#V$c $ -9 -$*89 '( -9% +"*%9% (%+9-$*(%c ( #/+-"%9 '(/,*9 N 1"(*$ '(- i0:#,9 (%+9-$*7
)HI]IB=@CB DI=KB?AH@A R$%,$ (- 090(/,9c -9% (%,"'#9% #'(/,#1#+$'9% '( #/,(*V(/+#M/ /",*#+#9/$- (/ /#r9% N $'9-(%+(/,(% +9/ %9:*(4(%9 " 9:(%#'$'c %9/ '( +9*,$ '"*$+#M/ N /9 (V$-X$/ -$ 4U*'#'$ '( 4(%9 $ -$*89 4-$S97 D#/ (0:$*89c (% #049*,$/,( %(r$-$* p"( -$ '#(,$ 0i% (1(+,#V$ '(:( %(* #/'#V#'"$-#S$'$ N (%4(+.1#+$7 I/ -$ 49:-$+#M/ #/1$/,#- N $'9-(%+(/,( +9/ %9:*(4(%9 " 9:(%#'$'c %( %"8#(*( %(8"#* -$% *(+90(/'$+#9/(% '( "/$ $-#0(/,$+#M/ %$-"'$:-(c ",#-#S$/'9 +909 (%,*$,(8#$ ('"+$,#V$ -$% *(+90(/'$+#9/(% '(- 4-$,9 '(- :#(/ +90(*7 I/ -$ 49:-$+#M/ #/1$/,#- N $'9-(%+(/,( +9/ %9:*(4(%9 " 9:(%#'$'c -$ #/,(*V(/+#M/ '#(,9m,(*$4U",#+$ /9 '(:( %(* "/$ #/,(*V(/+#M/ $#%-$'$c %#/9 p"( '(:( --(V$*%( $ +$:9 (/ (- +9/,(;,9 '( "/ +$0:#9 (/ (- (%,#-9 '( V#'$c p"( #/+-"N$ (k(*+#+#9 1.%#+9c ,*$,$0#(/,9 +9/'"+,"$- N $:9*'$k( 1$0#-#$*7 I/ -$ 49:-$+#M/ #/1$/,#- N $'9-(%+(/,( +9/ %9:*(4(%9 " 9:(%#'$'c -$ #/8(%,$ (/(*8U,#+$ '(:(*.$ %(* #/1(*#9* $8$%,9 (/(*8U,#+9c ,(/#(/'9 (/ +"(/,$ p"( -9% +$0:#9% (/ -$ '#(,$ '(:(/ %(* +9/%#%,(/,(% +9/ "/$ $-#0(/,$+#M/ %$-"'$:-( ( #/'#V#'"$-#S$'$7 D( *(+90#(/'$ /9 ",#-#S$* '#(,$% *(%,*#+,#V$% N '(%(p"#-#:*$'$% 49*p"( /9 %9/ (1(+,#V$% $ -$*89 4-$S9 N 4"('(/ %(* '$r#/$%7 I- 4"/,9 (%,*$,U8#+9 4$*$ -$ *('"++#M/ '( 4(%9 (% "/ (p"#-#:*#9 +$-M*#+92 (- 8$%,9 +$-M*#+9 '(:( (;+('(* -$ #/8(%,$ +$-M*#+$7 D( *(+90#(/'$ "/$ $'(+"$'$ '#%,*#:"+#M/ '( -$ #/8(%,$ '( -9% $-#0(/,9% '"*$/,( (- '.$c (V#,$/'9 -$ ,90$ '( $-#0(/,9% (/,*( +90#'$% N -9% $N"/9% 4*9-9/8$'9%7
TZ
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-
K/$ *('"++#M/ (/(*8U,#+$ (/ -$ '#(,$ '( T\\m>7\\\ |+$'#$*#$% 4"('( 4*9'"+#* "/$ 4U*'#'$ '( 4(%9 '( (/,*( \cT N > |85%(0$/$c (p"#V$-(/,(% $ "/ aq '( 4U*'#'$ 49/'(*$- (/ "/ 4(*#9'9 4*90('#9 '( Y 0(%(%7
J$% '#(,$% :$k$% (/ 3#'*$,9% '( +$*:9/9 (/ +904$*$+#M/ $ -$% '#(,$% $-,$% (/ 3#'*$,9% '( +$*:9/9c ,#(/(/ "/ (1(+,9 1$V9*$:-( N %9%,(/#'9c (/ -$ '#%0#/"+#M/ '( -$ 0$%$ 8*$%$ N '( -9% /#V(-(% %U*#+9% '( -9% ,*#8-#+U*#'9%7
I/ $'"-,9%c -$% '#(,$% :$k$% (/ +$-9*.$% fa\\ } >ca\\g N -$% '#(,$% 0"N :$k$% (/ +$-9*.$% fz a\\ |+$-5'.$g %( $%9+#$/ +9/ "/$ 4U*'#'$ '( 4(%9 09'(%,$ fT } Yqg $ '9+( 0(%(% '( %(8"#0#(/,97 A"/p"( -$% '#(,$% 0"N :$k$% (/ +$-9*.$% %( $%9+#$/ +9/ "/$ 0$N9* 4U*'#'$ '( 4(%9 (/ (- +9*,9 4-$S9 f,*(% 9 +"$,*9 0(%(%g (%,$ '#1(*(/+#$ /9 (% %9%,(/#'$ $ -9% >L 0(%(%7
J$% '#(,$% :$k$% (/ 3#'*$,9% '( +$*:9/9 fz L\q '(- V$-9* +$-M*#+9 ,9,$-g 4"('(/ %(* (04-($'$% 4$*$ -$ *('"++#M/ '( 4(%9 (/ (- +9*,9 4-$S9 f3$%,$ '9% $r9%gc $%. +909 *('"+#* (- /#V(- %U*#+9 '( ,*#8-#+U*#'9% (/ 4$+#(/,(% +9/ %9:*(4(%9 N '#%-#4#'(0#$ 0#;,$7 B9 %9/ *(+90(/'$:-(% 4$*$ (- 0$/,(/#0#(/,9 '( 4(%9 $ -$*89 4-$S97
J$% #/,(*V(/+#9/(% '#(,U,#+$% 4$*$ -$ 4U*'#'$ '( 4(%9 '(:(/ %(* +$-+"-$'$% '( ,$- 19*0$ p"( 4*9'"S+$/ "/ 'U1#+#, '( Y\\ n+$-7 J9% 4*98*$0$% '(:(/ #/'#V#'"$-#S$*%( +9/%#'(*$/'9 -$% 4*(1(*(/+#$% '#(,U,#+$% '(- 4$+#(/,(7 I- (04-(9 '( '#(,$% :$k$% (/ +$-9*.$% *(p"#(*( '( "/$ %"4(*V#%#M/ 0U'#+9m/",*#+#9/$- +9**(+,$ ( #/,(8*$-7 J$% '#(,$% :$k$% (/ 3#'*$,9% '( +$*:9/9 fL\ 85'.$ -9% 4*#0(*9% O 0(%(%g (/ +904$*$+#M/ $ -$% '#(,$% :$k$% (/ 8*$%$% f>L\\ $ >a\\ |+$-5'.$w O\q +$-9*.$% 4*9+('(/,( '( 8*$%$%gc $'0#/#%,*$'$% '"*$/,( %(#% 0(%(%c 4*9'"+(/ "/ #/+*(0(/,9 (/ -$% +9/+(/,*$+#9/(% '( -#494*9,(./$% '( $-,$ '(/%#'$' fR?Jg f[q V%7 Yqc ) ƒ \7\Lg7 B9 %( 9:%(*V$/ '#1(*(/+#$% %#8/#1#+$,#V$% (/,*( -$% #/,(*V(/+#9/(%c *(%4(+,9 $ -$ 4U*'#'$ '( 4(%9 $ >L N LP 0(%(% '( %(8"#0#(/,97 )$*$ (- +9/,*9- '(- +9-(%,(*9- J?J '(- 4$+#(/,( +9/ 9:(%#'$' (% (1#+$S -$ *($-#S$+#M/ '( "/$ '#(,$ :$k$ (/ 8*$%$c 0#(/,*$% p"( -9% /#V(-(% '( +9-(%,(*9- R?J N ,*#8-#+U*#'9% %( +9/,*9-$/ 0(k9* *($-#S$/'9 "/$ '#(,$ :$k$ (/ 3#'*$,9% '( +$*:9/97 J$% '#(,$% +9/ 0$N9* +9/,(/#'9 '( 3#'*$,9% '( +$*:9/9 +904-(k9% f‚ T\q '(- $49*,( (/(*8U,#+9 ,9,$-c $4*9;#0$'$0(/,(g %( $%9+#$/ +9/ @<= 0i% :$k9% (/ $'"-,9% %$/9%7 J9% 3$--$S89% '( "/ *(V#%#M/ %#%,(0i,#+$ %"8#(*( p"( -$% '#(,$% :$k$% (/ 3#'*$,9% '( +$*:9/9 f Y\ 85 '.$g5$-,$ (/ 4*9,(./$% (/ +904$*$+#M/ $ -$ '#(,$ :$k$ (/ 8*$%$% fzO\q 9 0(/9% '( (/(*8.$ 4*9+('(/,( '( 8*$%$%g5$-,$ 3#'*$,9% '( +$*:9/9c %9/ 0i% (1(+,#V$% (/ -$ 4U*'#'$ '( 4(%9 $ -9% %(#% 0(%(%c 4(*9 -$ '#1(*(/+#$ (/,*( -$% (%,*$,(8#$% /9 (% %#8/#1#+$,#V$ $ -9% >L 0(%(%7
="$/'9 %( (04-($ '#(,$% :$k$% (/ 3#'*$,9% '( +$*:9/9c %( *(+90#(/'$ V#8#-$* (- 4(*1#- '( -.4#'9%c -$ 1"/+#M/ *(/$N -$ #/8(%,#M/ '( 4*9,(./$%7 J$% '#(,$% :$k$% (/ 8*$%$ f*('"++#M/ 4*90('#9 '(- >\q '( -$ #/8(%,#M/ '( 8*$%$gc 4*9'"+(/ "/$ 4U*'#'$ '( 4(%9 (/,*( L N O |8 '"*$/,( -9% 4*#0(*9% Y 0(%(% '( ,*$,$0#(/,97 <#(/,*$% p"( $ -$*89 4-$S9 4#(*'(/ 4$*,( '( %" (1(+,#V#'$'c (;+(4,9 %# %( $+904$r$/ '( #049*,$/,(% 09'#1#+$+#9/(% (/ (- (%,#-9 '( V#'$7 J$ #/8(%,$ '( 8*$%$c 49%,(*#9* $ "/ $k"%,( '( -$ #/8(%,$ (/(*8U,#+$c /9 (%,i $%9+#$'$ +9/ -$ 8$/$/+#$ '( 4(%9 (/ $'"-,9% %$/9%7 )$*$ 4*(V(/#* -$ 8$/$/+#$ '( 4(%9 (/ $'"-,9% +9/ 9:(%#'$' *(%"-,$ '( 0$N9* #049*,$/+#$ (- +9/,*9- '( -$ #/8(%,$ (/(*8U,#+$ ,9,$- p"( (- '( -$ #/8(%,$ '( 8*$%$% ,9,$-(%7 J$ '#(,$ 3#4(*4*9,(#+$ 4"('( #/'"+#* $ +9*,9 4-$S9 f0(/9% '( Y 0(%(%g 0$N9* 4U*'#'$ '( 4(%9 p"( "/$ '#(,$ +9/V(/+#9/$- *#+$ (/ 3#'*$,9% '( +$*:9/97 J$ '#(,$ 3#4(*4*9,(#+$ /9 #/'"+( $ -$*89 4-$S9 f0i% '( >L0(%(%g "/$ 0$N9* 4U*'#'$ '( 4(%9 p"( "/$ '#(,$ +9/V(/+#9/$- *#+$ (/ 3#'*$,9% '( +$*:9/97 J$% '#(,$% 3#4(*4*9,(#+$% 4"('(/ #/+*(0(/,$* $ 0"N -$*89 4-$S9 (*#(%89 '( 09*,$-#'$' ,9,$- N +$*'#9V$%+"-$*c 1"/'$0(/,$-0(/,( +"$/'9 -$ 4*9,(./$ (% '( 9*#8(/ $/#0$-7 I/ (- ,*$,$0#(/,9 '( -$ 9:(%#'$' /9 %( *(+90#(/'$ #/'"+#* +$0:#9% (/ -$ 4*949*+#M/ '( 4*9,(./$% '( -$ '#(,$7 )$*$ 8$*$/,#S$* (- 0$/,(/#0#(/,9 9 #/+*(0(/,9 '( -$ 0$%$ 0$8*$c '"*$/,( "/$ '#(,$ 3#49+$-M*#+$c *(%"-,$ (1#+$S $"0(/,$* (- +9/,(/#'9 '( 4*9,(./$% '( -$ '#(,$ 49* (/+#0$ '( >c\T 85|87
Ta
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-
I- (k(*+#+#9 4*90"(V( N 0$/,#(/( -$ 4U*'#'$ '( 4(%9c '#%0#/"N( -$ 9:(%#'$' $:'90#/$-c 0(k9*$ -$ +9/'#+#M/ +$*'#9**(%4#*$,9*#$c *('"+( -9% 1$+,9*(% '( *#(%89 +$*'#9V$%+"-$*c '#%0#/"N( (- *#(%89 '( (/1(*0('$' +$*'#$+$ +9*9/$*#$c -$ *(%#%,(/+#$ $ -$ #/%"-#/$ N -$ 09*,$-#'$' +$*'#9V$%+"-$*7 I- (k(*+#+#9 $(*M:#+9 '( 09'(*$'$m$-,$ #/,(/%#'$' f>TT $ >a\ 0#/5%(0$/$g (% (1(+,#V9 4$*$ *('"+#* -$ 8*$%$ +9*49*$- (/ /#r9% N /#r$% N $'9-(%+(/,(% +9/ %9:*(4(%97 I/ -$ 49:-$+#M/ #/1$/,#- N $'9-(%+(/,( +9/ %9:*(4(%9 " 9:(%#'$'c %( *(+90#(/'$ $"0(/,$* -$ $+,#V#'$' 1.%#+$ (%49/,i/($ 0i% '( "/$ 39*$ $- '.$ 4$*$ -$ 4U*'#'$ '( 4(%9 N -$ %$-"' +$*'#9V$%+"-$*7 J$ $+,#V#'$' 1.%#+$ f0./#09 '( PT 0#/",9% ,*(% V(+(% $ -$ %(0$/$g (/ +90:#/$+#M/ +9/ '#(,$ :$k$ (/ 8*$%$% f'U1#+#, '( Y\\ |+$-5'.$g 4*9'"+( 0$N9* 4U*'#'$ '( 4(%9 $ -9% '9+( 0(%(% fTcY\ |8 f*$/89 }Tc>\ $ macZ\g (/ +904$*$+#M/ $ '#(,$ %9-$ '( Pc>\ |8 f*$/89 mPc\ |8 $ } Tc>\ |8g7 D( '(:( *(+90(/'$* $ -$ 49:-$+#M/ +9/ %9:*(4(%9 " 9:(%#'$' *($-#S$* $+,#V#'$' 1.%#+$ +909 4$*,( '( "/ 4*98*$0$ '( ,*$,$0#(/,9 4$*$ -$ *('"++#M/ '( 4(%97 J$% 4(*%9/$% p"( *($-#S$/ v L\\ $ LT\ 0#/5%(0$/$ '( $+,#V#'$' 1.%#+$ '( #/,(/%#'$' 09'(*$'$ 9 p"( ,#(/(/ "/ 8$%,9 '( LcL\\mLcT\\ |+$-5%(0$/$ f(p"#V$-(/,( $ v O\\ 0#/5%(0$/$ '( $+,#V#'$' 1.%#+$ '( #/,(/%#'$' 09'(*$'$g -98*$/ "/$ 0$N9* 4U*'#'$ '( 4(%9c (/ +904$*$+#M/ $ $p"(--9% p"( *($-#S$/ >T\ 0#/5%(0$/$ '( $+,#V#'$' 1.%#+$ '( #/,(/%#'$' 09'(*$'$ f8$%,M $4*9;#0$'9 '( >c\\\ |+$-5%(0$/$7 D( *(+90#(/'$ *($-#S$* $+,#V#'$' 1.%#+$ p"( 4(*0#,$ "/ 8$%,9 (/(*8U,#+9 %(0$/$- '( L7T\\ |+$- fŠ O\\ +$-5'.$g +909 0('#'$ 4$*$ #/'"+#* -$ 4U*'#'$ '( 4(%9 (/ 390:*(% N 0"k(*(% +9/ %9:*(4(%97 I% #049*,$/,( #/'#V#'"$-#S$* ,(/#(/'9 (/ +9/%#'(*$+#M/ -$ ('$' '(#/'#V#'"9c 1$+,9*(% '( *#(%89 +$*'#9V$%+"-$*c +909*:#-#'$' N +$4$+#'$' 1"/+#9/$-7 I- (k(*+#+#9 '( *(%#%,(/+#$ 4"('( #/+*(0(/,$* -$ 0$%$ -#:*( '( 8*$%$ N $"0(/,$* -$ 4U*'#'$ '( 0$%$ 8*$%$7 )9%,(*#9* $ -$ 4U*'#'$ '( 4(%9c %( *(+90#(/'$ *($-#S$* $+,#V#'$' 1.%#+$ '( 09'(*$'$ #/,(/%#'$' fLT\ 0#/5%(0$/$g 4$*$ 0$/,(/(* (- 4(%97
J$ #/,(*V(/+#M/ f+$0:#9 (/ (%,#-9 '( V#'$ ~ $+,#V#'$' 1.%#+$ N '#(,$ %$-"'$:-(g (% 0i% (1(+,#V$ (/ -$ *('"++#M/ '( 8*$%$ +9*49*$- (/ +904$*$+#M/ $ -$ '#(,$ %9-$7 I/ "/ 0(,$m$/i-#%#% '( +#/+9 (%,"'#9%c (- +$0:#9 '( 4(%9 4*90('#9 1"( '( mPcY\ |8 f*$/89 '( mO7OO |8 $ mT7aZ |8g 4$*$ -$ #/,(*V(/+#M/ +9/k"/,$c 0#(/,*$% p"( 1"( '( m \7Pa |8 f*$/89 '( \7TO |8 $ mL7P\ |8g 4$*$ -$ '#(,$ 49* %. %9-$7 I;#%,( (V#'(/+#$ %M-#'$ '( p"( (- +$0:#9 3$+#$ "/ (%,#-9 '( V#'$ %$-"'$:-( (% (1(+,#V9 (/ -$ 4U*'#'$ '( 4(%9 '( #/'#V#'"9% +9/ 9:(%#'$'7 J$ '#(,$c (- (k(*+#+#9 1.%#+9 fO\ $ PT 0#/7 '( $+,#V#'$' P 9 T V(+(% $ -$ %(0$/$g N -$ 09'#1#+$+#M/ +9/'"+,"$0"(%,*$/ '#%0#/"+#9/(% 09'(*$'$% (/ (- @<=c (- 4(%9 N (- 49*+(/,$k( '( 8*$%$ +9*49*$- (/ /#r9% N /#r$% N $'9-(%+(/,(% '( Y $ >Y $r9% $ +9*,9 4-$S9c 4(*%#%,#(/'9 -9% +$0:#9% 3$%,$ '(%4"U% '( "/ $r97 D( *(+90#(/'$ 4*(%+*#:#* "/$ '#(,$ %$-"'$:-( N $+,#V#'$' 1.%#+$ *(8"-$*c +909 -$ 94+#M/ '( ,*$,$0#(/,9 '( 4*#0(*$ -./($ 4$*$ -98*$* -$ *('"++#M/ '(- %9:*(4(%9 " 9:(%#'$'7 D( *(+90#(/'$ --(V$* $ +$:9 #/,(*V(/+#9/(% +90:#/$'$% +9/ '#(,$c (k(*+#+#9 1.%#+9 N 09'#1#+$+#M/ +9/'"+,"$- 4$*$ -$ 4U*'#'$ '( 4(%9 (/ /#r9% N /#r$% N $'9-(%+(/,(% '( Y $ >Y $r9% +9/ %9:*(4(%9 " 9:(%#'$'c +9/ -$ #04-#+$+#M/ '( -$ 1$0#-#$7 J9% 4*98*$0$% 4$*$ -$ 4U*'#'$ N 0$/,(/#0#(/,9 '(4(%9 (/ 4$+#(/,(% +9/ %9:*(4(%9 N 9:(%#'$'c '(:(/ #/+-"#* #/,(*V(/+#9/(% (/ -$ $+,#V#'$' 1.%#+$c +$0:#9% (/ -$ '#(,$ N 09'#1#+$+#M/ '( -$ +9/'"+,$7 I/ -$ 49:-$+#M/ +9/ %9:*(4(%9 " 9:(%#'$' %( '(:( *(+90(/'$* *($-#S$* $+,#V#'$' 1.%#+$ '( #/,(/%#'$' 09'(*$'$ $4*9;#0$'$0(/,( LLT $ O\\ 0#/5%(0$/$c -9 p"( +9**(%49/'( $ >ca\\ $ LcT\\\ |+$-75%(0$/$7 J9% 3$--$S89% '( "/$ *(V#%#M/ %#%,(0i,#+$ 0"(%,*$/ p"( (- $",9 09/#,9*(9 '(- 4(%9 %( $%9+#M +9/ "/$ 0$N9* 4U*'#'$ '( 4(%9 N 4*(V(/+#M/ (/ -$ 8$/$/+#$ '(- 4(%97 A -$ 49:-$+#M/ $'"-,$ p"( +9/%"-,$ %9:*( (- +"#'$'9 '(4(%9 %( -( *(+90#(/'$ *($-#S$* $",9mV#8#-$/+#$ *(8"-$* '(- 4(%97
EHAEA<@IBEF QAH
T[
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-
I- ,*$,$0#(/,9 1$*0$+9-M8#+9 4$*$ *('"++#M/ '(- (;+(%9 '( 4(%9 (/ +9/k"/,9 +9/ "/$ '#(,$ %$-"'$:-(c 3$/ '(09%,*$'9 %(* (1#+$+(% 4$*$ (- 0$/,(/#0#(/,9 '( -$ 4U*'#'$ '( 4(%97 I;#%,( (V#'(/+#$ '( p"( -$ 4U*'#'$ '( 4(%9 +9/ (,*$,$0#(/,9 1$*0$+9-M8#+9 (% 09'(%,9 N /9 %( k"%,#1#+$ (- "%9 8(/(*$-#S$'9c 49* -9 p"( %" #/'#+$+#M/ '(:( %(* #/'#V#'"$-#S$'$c +9/%#'(*$* (- 4(*1#- *#(%89m:(/(1#+#9c (V$-"$* -9% (1(+,9% %(+"/'$*#9% ( #/,(*$++#9/(%c $%. +909 -$ *(%4"(%,$ $- ,*$,$0#(/,97 J$ '(+#%#M/ '( #/#+#$* "/ ,*$,$0#(/,9 1$*0$+9-M8#+9 '(:( #/'#V#'"$-#S$*%( (/ 1"/+#M/ '( -$ 4*(%(/+#$ '( +909*:#-#'$'(% 8*$V(% N ,*$,$0#(/,9% $%9+#$'9%7 J9% ,*$,$0#(/,9% N %" #/'#+$+#M/ '(:(/ %(* *((V$-"$'9% 4(*#M'#+$0(/,( N /9 ",#-#S$*%( '( 19*0$ #/'(1#/#'$7 I- 4*#0(* 4$%9 (/ (- ,*$,$0#(/,9 '( -$ 9:(%#'$' (/ ($'"-,9 (% 0(k9*$* -9% 3i:#,9% $-#0(/,$*#9%c -9 +"$- '(:( #* $+904$r$'9 '( "/ #/+*(0(/,9 '( -$ $+,#V#'$' 1.%#+$7 I- 9:k(,#V9 1"/'$0(/,$- (% '#%0#/"#* -$ 0$%$ 8*$%$ '(4$+#(/,( 9:(%9c 4(*9 (;#%,(/ ,$0:#U/ 9:k(,#V9% %(+"/'$*#9%c +909 0$/,(/(* (- 4(%9 4(*'#'9c '#%0#/"#* -$% +904-#+$+#9/(%c 0(k9*$* -9% 3i:#,9% '( V#'$ N $"0(/,$* -$ +$-#'$' '( V#'$ '(- #/'#V#'"97 J$% 4U*'#'$% '( 4(%9 '( +(*+$ '( "/ >\q %9/ :(/U1#+$% 4$*$ -$ %$-"' '(- #/'#V#'"97 D( 49'*i/ 4*(%+*#:#* 0('#+$0(/,9% 4$*$ (- ,*$,$0#(/,9 '(- %9:*(4(%9 N -$ 9:(%#'$'c +"$/'9 (;#%,$ (V#'(/+#$ '( 1$-,$ '( *(%4"(%,$ $- ,*$,$0#(/,9 '#(,9m,(*$4U",#+9c $ -$ 4*(%+*#4+#M/ '( $+,#V#'$' 1.%#+$ N (k(*+#+#9 (/ "/ 4(*#9'9 '( $- 0(/9% ,*(% 0(%(%c (/ 4$+#(/,(% +9/ @<= '( O\ |850‰ 9 0i%c +9/ 9 %#/ +909*:#-#'$'(% 9 (/ 4$+#(/,(% +9/ @<= %"4(*#9* $ LZ |850‰ +9/ "/$ 9 0i% +909*:#-#'$'(%7 I- 0U'#+9 ,*$,$/,( '(:(*i #/19*0$* N (;4-#+$* $4$+#(/,(c -$% +$*$+,(*.%,#+$% '(- 0('#+$0(/,9 p"( -( 1"( 4*(%+*#,9c /90:*( +90(*+#$- N 8(/U*#+9c '9%#1#+$+#M/c '"*$+#M/ '(- ,*$,$0#(/,9c #/,(*$++#M/ +9/ 9,*9% 0('#+$0(/,9%c $%. +909 -$% 49%#:-(% *($++#9/(% $'V(*%$% N (1(+,9% +9-$,(*$-(%7 D( '(:(/ +9/%#'(*$* +$/'#'$,9% $ ,*$,$0#(/,9 1$*0$+9-M8#+9 $ -9% 4$+#(/,(% $'"-,9% +9/ %9:*(4(%9 " 9:(%#'$' p"( 4*(%(/,$/ +909*:#-#'$'(% +9092 3#4(*,(/%#M/ $*,(*#$- %#%,U0#+$c '#$:(,(% 0(--#,"%c 3#4(*-#4#'(0#$c (/1(*0('$' $*,(*#$- +9*9/$*#$c $4/($ '(- %"(r9 N (/1(*0('$' $*,#+"-$* '(8(/(*$,#V$7 I% 1"/'$0(/,$- $'0#/#%,*$* (/ +9/k"/,9 +9/ "/$ '#(,$
3#49+$-M*#+$c #/+*(0(/,9 (/ -$ $+,#V#'$' 1.%#+$ N ,(*$4#$ +9/'"+,"$-7 I- ,*$,$0#(/,9 1$*0$+9-M8#+9 '(:( %(* ",#-#S$'9 %M-9 :$k9 %"4(*V#%#M/ 0U'#+$ (%,*(+3$ N (/ (- +9/,(;,9 '( "/$ (%,*$,(8#$ '( ,*$,$0#(/,9 $ -$*89 4-$S9 J9% 4$+#(/,(% p"( *(%49/'(/ $- ,*$,$0#(/,9 1$*0$+9-M8#+9 '(:(/ 4(*'(* $- 0(/9% L |8 (/ -$% 4*#0(*$% +"$,*9 %(0$/$% '(%4"U% '( #/#+#$* (,*$,$0#(/,97 D# "/ 4$+#(/,( /9 -98*$ (%,i 4U*'#'$ '( 4(%9c -$ 49%#:#-#'$' '( "/$ *(%4"(%,$ $ -$*89 4-$S9 (% :$k$ N 4"('(/ %(* +9/%#'(*$'9% +909 /9 *(%49/'('9*(%7 J$ *(%4"(%,$ $- ,*$,$0#(/,9 1$*0$+9-M8#+9 '(:( +9/%#'(*$*%( (;#,9%$c %# '(%4"U% '( %(#% 0(%(% '( ,*$,$0#(/,9c %( +9/%#8"( "/$ 4U*'#'$ '( 4(%9 ‚ >\q '(4(%9 +9*49*$- N /9 %( 4*(%(/,$ (1(+,9 $'V(*%9 8*$V(7 J$ 4U*'#'$ '( 4(%9 4*90('#9 '9+"0(/,$'$ (/ >T (%,"'#9% +-./#+9% (/ -9% p"( %( $'0#/#%,*M 9*-#%,$, >L\ 08 ,*(% V(+(% $- '.$ 1"( $4*9;#0$'$0(/,( '( TcP n8 f*$/89 mOcO $ m>\cY |8g (/ +904$*$+#M/ $ "/$ 4U*'#'$ '( LcZ |8 f*$/89 } \c[ $ mZcY |8g 4$*$ (- 8*"49 p"( *(+#:#M 4-$+(:97 J$ $'0#/#%,*$+#M/ '( F*-#%,$, >L\ 08 ,*(% V(+(% $- '.$ (/ $%9+#$+#M/ +9/ "/$ '#(,$ :$k$ (/ 8*$%$% fzO\q '( 8*$%$%c 'U1#+#, '( T\\m>\\\ |+$-5'.$g V(*%"% "/$ '#(,$ +(,98U/#+$ f#/#+#$-0(/,( zL\ 85'( 3#'*$,9% '( +$*:9/95'.$gc (/ >Pa 4$+#(/,(% +9/ %9:*(4(%9 N 9:(%#'$' '"*$/,( Pa %(0$/$%c %9/ #8"$-0(/,( (1(+,#V$% (/ -$ 4U*'#'$ '( 4(%9c 0(k9*.$ '( -$ 4*(%#M/ $*,(*#$-c $%. +909 '(- /#V(- '( -.4#'9% N '( -$ 8-"+9%$7 F*-#%,$, (/ +904$*$+#M/ $ -$ '#(,$ %9-$c '"*$/,( "/ %(8"#0#(/,9 '( >L 0(%(% (/ 4$+#(/,(% $'"-,9% +9/ 9:(%#'$'c 4*9'"+( "/$ -(V( '#%0#/"+#M/ '(- +9-(%,(*9,9,$-c '(- q '( R:>A+c $%. +909 '( -$ 4*(%#M/ $*,(*#$%#%,M-#+$ N '#$%,M-#+$7 I/ 4$+#(/,(% $'"-,9% +9/ 9:(%#'$' N '#$:(,(% 0(--#,"% ,#49 Lc -$ $'0#/#%,*$+#M/ '( 9*-#%,$, f>L\ 08 ,*(% V(+(% $'.$g ~ Jm+$*/#,#/$ fL 8*5'.$g f/ƒ>OLg (/ +904$*$+#M/ $ 9*-#%,$, (/ 09/9,(*$4#$ f/ƒ>LYgc 4(*0#,( "/$ 0$N9* *('"++#M/ '(- 4(%9 +9*49*$-c 0(k9*$ -$ 8-"+(0#$c (4(*1#- -#4.'#+9 N -$ *(%#%,(/+#$ $ -$ #/%"-#/$c %#/ (1(+,9% $'V(*%9% %#8/#1#+$,#V9%7 F*-#%,$, #/3#:( -$ -#4$%$ 8i%,*#+$ N 4$/+*(i,#+$ +9/ -9 p"( :-9p"($ -$ $:%9*+#M/ '( -$ 8*$%$ 4*9V(/#(/,( '( -$ Y\
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-
'#(,$7 J9% 4*#/+#4$-(% (1(+,9% $'V(*%9% %9/ 8$%,*9#/,(%,#/$-(% ( #/+-"N(/2 3(+(% +9/ 8*$%$c "*8(/+#$ 1(+$- N '9-9* $:'90#/$-7 J$% *($++#9/(% $'V(*%$% 8$%,*9#/,(%,#/$-(% p"( 9+$%#9/$ F*-#%,$,c 8(/(*$-0(/,( %9/ -(V(% N ,*$/%#,9*#$%7 I%,$% *($++#9/(%c #/+*(0(/,$/ +"$/'9 %( ,90$ F*-#%,$, +9/ "/$ '#(,$ $-,$ (/ 8*$%$ fv O\q '( +$-9*.$% 4*9V(/#(/,(% '( 8*$%$%c -9 p"( (p"#V$-( $ v YZ 8 '( 8*$%$g7 F*-#%,$, 4"('( +$"%$* '$r9 *(/$- $8"'9 49* 9;$-$,9%7 F,*9% (1(+,9% %(+"/'$*#9% #/+-"N(/ '#$**($c 1-$,"-(/+#$c '9-9*c '#%,(/%#M/ $:'90#/$-c '#%4(4%#$c (%,($,9%#% N '(1#+#(/+#$ '( V#,$0#/$% -#49%9-":-(%7 R$%,$ (- 090(/,9c -$ (1#+$+#$ '(- ,*$,$0#(/,9 1$*0$+9-M8#+9 (/ 49:-$+#M/ #/1$/,#- +9/ 9:(%#'$' (% -#0#,$'$7 I%,"'#9% +-./#+9% (/ $'9-(%+(/,(% '( >Lm>Y $r9%c %"8#(*(/ p"( 9*-#%,$, f>L\ 08 ,*(% V(+(% $- '.$g (/ +90:#/$+#M/ +9/ "/$ '#(,$ 3#49+$-M*#+$c (- $"0(/,9 '( -$ $+,#V#'$' N -$ 09'#1#+$+#M/ '( -$ +9/'"+,$c (% 0i% (1#+$S (/ 0(k9*$* -$ 4*(%#M/ $*,(*#$- '#$%,M-#+$ f$-*('('9* '( } \7T 00 R8g (/ +904$*$+#M/ $- 8*"49 4-$+(:9 f'#(,$c $+,#V#'$' N -$ 09'#1#+$+#M/ '( -$ +9/'"+,$g $ -9% >L 0(%(%7 I/ $'9-(%+(/,(% '( >L $ >a $r9% +9/ 9:(%#'$' N +909*:#-#'$' 8*$V( p"( /9 3$/ *(%49/'#'9 $,*$,$0#(/,9 '#(,9m,(*$4U",#+9 N +$0:#9% (/ (- (%,#-9 '( V#'$c 4"('( V$-9*$*%( (- ,*$,$0#(/,9 +9/ 9*-#%,$, f>L\ 08 +9/ (- '(%$N"/9c -$ +90#'$ N -$ +(/$gc '(/,*9 '( "/ 4*98*$0$ '( 09'#1#+$+#M/ '(- (%,#-9 '( V#'$ %"4(*V#%$'9 49* (%4(+#$-#%,$% (/ (/'9+*#/9-98.$7 F*-#%,$, %( '(:( +9/%#'(*$* +909 "/$ #/,(*V(/+#M/ +904-(0(/,$*#$ $ -$ '#(,$ %$-"'$:-(c +$0:#9 (/ (%,#-9 ( #/+*(0(/,9 '( $+,#V#'$' 1.%#+$c 4$*$ 4*909V(* -$ 4U*'#'$ '( 4(%9c 4$*,#+"-$*0(/,( (/ 4$+#(/,(% +9/ ‚ La |850L +9/ +909*:#-#'$' 9 (/ $p"(--9% +9/ @<= ‚ O\ |850L '( 19*0$ #/'#V#'"$-#S$'$ N (V$-"$/'9 (- 4(*1#*#(%89:(/(1#+#97 ?(:#'9 $ -$ #/,(*$++#M/ 0('#+$0(/,9%$ '( 9*-#%,$, +9/ 9,*9% 1i*0$+9% f+#+-9%49*#/$c 6$*1$*#/$ N *('"++#M/ (/ -$ $:%9*+#M/ '( V#,$0#/$% -#49%9-":-(%gc %( *(+90#(/'$ (- 09/#,9*(9 (%,*(+39 N -$ #/8(%,$ '( %"4-(0(/,9% p"( +9/,(/8$/ V#,$0#/$% -#49%9-":-(%7 I- ,*$,$0#(/,9 +9/ F*-#%,$, '(:( %"4-(0(/,$*%( +9/ "/ +904-(k9 '( V#,$0#/$% -#49%9-":-(% fAc ?c I N ng p"(
'(:( $'0#/#%,*$*%( $/,(% '( $+9%,$*%( 9 '9% 39*$% '(%4"U% '( -$ #/8(%,$ '(- 1i*0$+97 I/ 0$N9 '( L\>\c -$ Q99' $/' ?*"8 A'0#/#%,*$,#9/ fQ?Ag $4*9:M "/$ $-(*,$ *(%4(+,9 $- "%9 '( 9*-#%,$,c $/,( -$ *(+#(/,( #/19*0$+#M/ '( +$%9% +9/ -(%#9/(% 3(4i,#+$% 8*$V(% $%9+#$'$% +9/ (- "%9 '( -$ '*98$7 D( *(+90#(/'$ (%,*#+,$ %"4(*V#%#M/7 I- ,*$,$0#(/,9 +9/ F*-#%,$, '(:( +9/,#/"$* 0i% $--i '( >L %(0$/$%c +"$/'9 (- 4$+#(/,( 3$ 4(*'#'9 $- 0(/9% (Tq '( %" 4(%9 +9*49*$- #/#+#$- '(%'( (- #/#+#9 '(,*$,$0#(/,9 1$*0$+9-M8#+97 )*(V#9 $ -$ #/'#+$+#M/ '( F*-#%,$,c %( '(:( '#%+",#* +9/ (- 4$+#(/,( -9% *#(%89% N :(/(1#+#9% '(- 1i*0$+97 IV#'(/+#$ 4*9+('(/,( '( %#(,( (%,"'#9%c '(0"(%,*$ p"( %#:",*$0#/$ (/ +904$*$+#M/ $ 4-$+(:9c $"0(/,9 -$ 4*(%#M/ $*,(*#$- %#%,M-#+$ (/ >cZ 00 R8 f\c> 00 R8 $ OcO 00 R8g N -$ 4*(%#M/ $*,(*#$- '#$%,M-#+$ (/ LcP 00 R8 f>cT 00 R8 $ OcO 00 R8g7 )9* 9,*$ 4$*,(c (/,*( (- L\ $ Z\q '( -9% 4$+#(/,(% p"( *(+#:#(*9/ %#:",*$0#/$ 4*(%(/,$*9/ #/%90/#9c /i"%($%c %(p"('$' '( :9+$ N (%,*(r#0#(/,97 J9% 3$--$S89% '( "/ (/%$N9 +-./#+9c 09%,*$*9/ p"( -$ ,$%$ '( #/1$*,9 '(- 0#9+$*'#9 /9 09*,$- ( #+,"% /9 1$,$1"(*9/ '( Pc>q N LcYqc *(%4(+,#V$0(/,( (/ (- 8*"49 p"( *(+#:#M %#:",*$0#/$c 0#(/,*$% p"( 1"( '(- OcLq N >c[qc *(%4(+,#V$0(/,(c (/ (- 8*"49 p"( *(+#:#M 4-$+(:97 fH$SM/ '( *#(%89 '( #/1$*,9 '( 0#9+$*'#9 /9 1$,$-c >cLac @=[Tq2 >c\P $ >cTZw 4 ƒ \c\Lw H$SM/ '( *#(%89 '( #%p"(0#$ V$%+"-$* +(*(:*$- /9 1$,$-c >cOYc @=[Tq2 >c\P $ >cZZw 4 ƒ \7\Og7 I/ 9+,":*( '( L\>\c -$ Q?A *(+90(/'M /9 +9/,#/"$* -$ 4*(%+*#4+#M/ N (- "%9 '( %#:",*$0#/$ '(:#'9 $ -9% 49%#:-(% *#(%89% +$*'#9V$%+"-$*(% p"( 4*9'"+( (/ -9% 4$+#(/,(% +9/ (/1(*0('$' +$*'#9V$%+"-$* +9/9+#'$7 H#09/$:$/, (/ +904$*$+#M/ $ 4-$+(:9c 0(k9*$ -$% +9/+(/,*$+#9/(% '( -#494*9,(./$% '( $-,$ '(/%#'$' fR?Jm +9-(%,(*9-gc -$ 4*(%#M/ $*,(*#$- N (- +9/,*9- '( -$ 8-"+9%$ (/ 4$+#(/,(% +9/ '#$:(,(%7 D#/ (0:$*89c #/+*(0(/,$ (- *#(%89 '( ,*$%,9*/9% 4%#p"#i,*#+9% f'(4*(%#M/c $/%#('$'c #**#,$:#-#'$'c $8*(%#M/g N (V(/,9% $'V(*%9% /("*9-M8#+9%7 I/ 9+,":*( '( L\\ac -$ A8(/+#$ I"*94($ '( <('#+$0(/,9% *(+90(/'M /9 +9/,#/"$* -$ 4*(%+*#4+#M/ N (- "%9 '( *#09/$:$/, '(:#'9 $ -9% 49%#:-(% *#(%89% $%9+#$'9% +9/ (- 1i*0$+9c 4*#/+#4$-0(/,( 4%#p"#i,*#+9%7 Y>
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-
<(,19*0#/$ ,#(/( (1(+,9% 09'(%,9% N 1$V9*$:-(% (/ -$ *('"++#M/ '(- @<=c -$ +9049%#+#M/ +9*49*$- N -$ 390(9%,$%#% '( -$ 8-"+9%$ (/ 49:-$+#M/ 4('#i,*#+$ *(%#%,(/,( $ -$ #/%"-#/$c p"( 4$*,#+#4$/ (/ 4*98*$0$% '( *('"++#M/ '( 4(%97 <(,19*0#/$ (% "/$ :#8"$/#'$ 9*$- p"( 3$ '(09%,*$'9 %(* (1(+,#V$ (/ *('"+#* -$ #/+#'(/+#$ '( '#$:(,(% 0(--#,"% ,#49 L (/ 4(*%9/$% +9/ $-,9 *#(%89c $%. +909 0(k9*$* -$ 3#4(*#/%"-#/(0#$ N -$ 3#4(*8-"+(0#$7 I/ 0"k(*(% +9/ %./'*90( '( 9V$*#9 49-#p".%,#+9 9 49-#p"#%,9%#% 9Vi*#+$c -$ 0(,19*0#/$ *('"+( (- 3#4(*$/'*98(/#%09 N (+9-(%,(*9- ,9,$-c $'(0i% '( 0(k9*$* -$ %#/,90$,9-98.$7 J$ $'#+#M/ '( <(,19*0#/$ $ "/$ #/,(*V(/+#M/ '( +$0:#9 '( (%,#-9 '( V#'$ (/ +904$*$+#M/ $ 4-$+(:9c '"*$/,( "/ 4(*.9'9 '( >L 0(%(%c (/ $'9-(%+(/,(% +9/ 9:(%#'$'c 4*9'"+( "/$ 4(p"(r$ 4(*9 (%,$'.%,#+$0(/,( %#8/#1#+$,#V$ '#%0#/"+#M/ '(- ./'#+( '( 0$%$ +9*49*$f4ƒ7\Og7 I- L\q '( -9% 4$+#(/,(% p"( ",#-#S$/ <(,19*0#/$ 4*(%(/,$/ #/,9-(*$/+#$ '#8(%,#V$ $- 1i*0$+9 (/ 19*0$ ,*$/%#,9*#$ N (- Tq 4(*0$/(/,(7 J9% 4*#/+#4$-(% (1(+,9% %(+"/'$*#9% '( <(,19*0#/$ #/+-"N(/2 '#$**($c /$X%($ N VM0#,97 B9 '(:( "%$*%( <(,19*0#/$ (/ 4$+#(/,(% +9/ +*($,#/#/$ %U*#+$ ‚ >7P 085'J (/ 0"k(*(% N ‚ >7T 085'Jc (/ V$*9/(% 9 +9/ 1$--$ *(/$- 09'(*$'$ $ %(V(*$w $%. +909 +9/ 1$--$ 3(4i,#+$c #/%"1#+#(/+#$ +$*'#$+$7 <(,19*0#/$ ,#(/( #/'#+$+#9/(% 4*(+#%$% (/ 4$+#(/,(% +9/ '#$:(,(% 0(--#,"%c *(%#%,(/+#$ $ -$ #/%"-#/$ 9 #/,9-(*$/+#$ $ -$ 8-"+9%$c (%4(+#$-0(/,( '(- 9:(%9c $%. +909 $/,( 1$--$% 4*#0$*#$% N %(+"/'$*#$% $ 9,*9% 3#498-"+(0#$/,(% 9*$-(%7 D" (04-(9 (/ '9%#% '( T\\ m aT\ 085>L3c +909 "/$ (%,*$,(8#$ ,(*$4U",#+$ (/ 4$+#(/,(% +9/ 9:(%#'$' *(p"#(*( #/'#+$+#M/ #/'#V#'"$-#S$'$ N %"4(*V#%$'$ 49* "/ 0U'#+9 I/'9+*#/M-989 N59
D( '(:( *(1(*#* $ -$ +9/%"-,$ '( I/'9+*#/9-98.$ $ -$ 49:-$+#M/ #/1$/,#-c $'9-(%+(/,( N $'"-,$ p"( ,#(/(/ 9:(%#'$' 8*$V( N +909*:#-#'$' $%9+#$'$ p"( *(p"#(*( *('"++#M/ '( 4(%9c 4$*,#+"-$*0(/,( $p"(--9% +9/ $4/($ '(- %"(r9c %./'*90( '( 3#49V(/,#-$+#M/c 4*9:-(0$% 9*,94U'#+9% N 4%#+9-M8#+9%7 D( '(:( *(1(*#* $ -$ +9/%"-,$ '( I/'9+*#/9-98.$ $ -$ 49:-$+#M/ #/1$/,#-c $'9-(%+(/,( N $'"-,$ p"( ,#(/(/ 9:(%#'$' 8*$V( N +909*:#-#'$' $%9+#$'$ p"( *(p"#(*( *('"++#M/ '( 4(%9c 4$*,#+"-$*0(/,( $p"(--9% +9/ $4/($ '(- %"(r9c %./'*90( '( 3#49V(/,#-$+#M/c 4*9:-(0$% 9*,94U'#+9% N 4%#+9-M8#+9%7 D( *(+90#(/'$ *(1(*#* $ -$ +9/%"-,$ '( I/'9+*#/9-98.$ $ -$ 49:-$+#M/ #/1$/,#-c $'9-(%+(/,( N $'"-,$ +9/ %9%4(+3$ '( "/$ +$"%$ %(+"/'$*#$ '( 9:(%#'$'7 D( *(+90#(/'$ *(1(*#* $ -$ +9/%"-,$ '( I/'9+*#/9-98.$ $ -$ 49:-$+#M/ #/1$/,#- N $'9-(%+(/,( p"( 4*(%(/,$ 9:(%#'$' (/ ('$'(% 0"N ,(04*$/$%7 D( *(+90#(/'$ *(1(*#* $ -$ =-./#+$ '( F:(%#'$' N59 I/'9+*#/9-98.$c $ -$ 49:-$+#M/ $'"-,$ +9/ @<= ‚ OT |850L 0i% +909*:#-#'$' $%9+#$'$ f#/,9-(*$/+#$ $ -$ 8-"+9%$c '#$:(,(% 0(--#,"%c 3#4(*,(/%#M/ $*,(*#$-c 3#4(*-#4#'(0#$ N $4/($ '(- %"(r9g N $ $p"(--9% +9/ @<= ‚ P\ |850Lc (/ p"#(/(% (;#%,( 1$--$ (/ -$ 4U*'#'$ '( 4(%9c 49%,(*#9* $ "/ 4*98*$0$ '#(,U,#+9 N '( $+,#V#'$' 1.%#+$c +9**(+,9 N %"4(*V#%$'9c #/'(4(/'#(/,( '( -$ ,90$ '( ,*$,$0#(/,97
J9% 0('#+$0(/,9% '94$0#/U*8#+9% N '( *(+$4,"*$ '( %(*9,9/#/$c 49* %(8"*#'$' /9 '(:(/ (04-($*%( #/k"%,#1#+$'$0(/,( /# %#/ (- +9/%(/,#0#(/,9 '(4$+#(/,(% N %#(04*( :$k9 4*(%+*#4+#M/ '(- (%4(+#$-#%,$ (/ I/'9+*#/9-98.$7
=H@EIH@FD ?I HIQIHIB=@A
AEIB=@CB ID)I=@AJ@sA?A YL
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70; 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+ 5#/,(*#9*5+$,$-989<$(%,*9! $,$-989<$(%,*9!)=73,0)=73,0-
$&4"%%$/& 3*$&'*$' '0+%$'#' ' 0+' 5"0$%'2 "& 2' !3A"*
I)@?I<@FJF!eA J$ #/1(++#M/ "*#/$*#$ $%9+#$'$ $ +$,U,(* f@KA=g (% -$ +$"%$ 0i% +90X/ '( #/1(++#M/ $%9+#$'$ $- +"#'$'9 '( -$ %$-"'c 9+"4$/'9 3$%,$ (- O\q $- P\q '( -$% #/1(++#9/(% $'p"#*#'$% (/ (39%4#,$-7 J$ ,$%$ '( $'p"#%#+#M/ '( /"(V$ #/1(++#M/ (% +(*+$/$ $- Om Zq 49* '.$ +"$/'9 %( "%$/ +$,U,(*(% 4(*0$/(/,(%7 J$ @KA= %( (/+"(/,*$ $%9+#$'$ +9/ 09*:#-#'$' f:$+,(*(0#$% f:$+,(*(0#$% >qgc 09*,$-#'$' f>Oq '( p"#(/(% '(%$**9--$/ :$+,(*(0#$gc $"0(/,9 '( '.$% '( (%,$/+#$ N +9%,9% 39%4#,$-$*#9%c %#(/'9 (%,#0$'9 "/ %9:*( +9%,9 +(*+$/9 $ -9% T[\ 'M-$*(% 49* #/1(++#M/7 J9% 4$+#(/,(% +9/ %9/'$ N (/ (- 398$* 4*(%(/,$/ "/$ 4*(V$-(/+#$ '( #/1(++#M/ "*#/$*#$ $%9+#$'$ $ -$ %9/'$ '(- aq7 I/ 4$+#(/,(% +9/ %9/'$ 4(*0$/(/,(c (- *#(%89 '( :$+,(*#(0#$ (% Y\ V(+(% %"4(*#9* $- '( -9% 4$+#(/,(% /9 %9/'($'9%7 J$ 09*,$-#'$' 4$*$ )$+#(/,(% $ p"#(/(% %( -(% $4-#+M %9/'$ V(%#+$- %( *(49*,M (/ L\\L (/ L7O q7 I/ IKA I- +9%,9 '( +$'$ (4#%9'#9 '( :$+,(*#"*#$ $%9+#$'$ $ %9/'$ +"(%,$ ‹Ta[ 'M-$*(%c +$'$ #/1(++#M/ $%9+#$'$ $ %9/'$ %( 3$ (%,#0$'9 ‹YZY 'M-$*(%c 4(*9 -$% :$+,(*(0#$% $%9+#$'$% $- "%9 '( %9/'$% 49* :$+,(*#"*#$ %( (%,#0$ p"( +9%,$*i $- 0(/9% ‹L7aOY 'M-$*(%7 ?$'$ -$ $-,$ 1*(+"(/+#$ '( "%9 $- $r9 (/ IK %( 8$%,$*i/ ‹T\\ 0#--9/(% '( 'M-$*(%7 D( 4"('( 4*(V(/#* -$ 09*:#09*,$-#'$' '#%0#/"N(/'9 -$ /(+(%#'$' '( $4-#+$* %9/'$ "*#/$*#$ 9 ",#-#S$*-$ 49* (- ,#(049 0(/9% 49%#:-( ,90$/'9 "*9+"-,#V9 (/ 4$+#(/,(% '( (04-(9 4(*0$/(/,( +$'$ p"( +9**(%49/'$ +$0:#9 '( %9/'$7 B9 (;#%,( #/19*0$+#M/ %"1#+#(/,( p"( 4(*0#,$ *(+90(/'$* (,#(049 (/ p"( '(:( %(* +$0:#$'$ -$ %9/'$ (/ 4$+#(/,(% +9/ /(+(%#'$' '( "%9 4(*0$/(/,( N p"( 8(/(*$-0(/,( %( *($-#S$ (/,*( Lm P %(0$/$%7 I/ 9,*$% +#*"8.$% p"( %( (04-($/ %9/'$% V(%#+$-(% %( *(+90#(/'$ %" "%9 %9-9 LP 39*$%c *(,#*$* $- 1#/$-#S$* (4*9+('#0#(/,97 D( *(+90#(/'$ (p"#4$* $ -9% 39%4#,$-(% '( %#%,(0$% '( '*(/$k( "*#/$*#9 =(**$'9%c #/+*(0(/,$* -$% 0('#'$% 3#8#U/#+$%c '( ('"+$+#M/ $- 4(*%9/$- '( %$-"' N 1$0#-#$*(% %9:*( (- -$V$'9 '( 0$/9% 4$*$ $4-#+$+#M/ '( %9/'$% N *(+90(/'$* (- (04-(9 '( -$ ,U+/#+$ +9**(+,$ '( $4-#+$+#M/ '( %9/'$% V(%#+$-(%7 V(%#+$-(%7
)HI]IB=@CB DI=KB?AH@A J9% 1$+,9*(% '( *#(%89 *(-$+#9/$'9% +9/ 0$N9* #/+#'(/+#$ '( #/1(++#M/ "*#/$*#$ 49* %9/'$c %9/2 o K%9 ( #/'#+$+#M/ $4*94#$'9 o EU+/#+$% $'(+"$'$% 4$*$ %" #/%(*+#M/ N 0$/,(/#0#(/,9 o =$*$+,(*.%,#+$% '(- +$,U,(* 9 %9/'$ o <$/(k9 '( -$ 9:%,*"++#M/ o H(+9-(++#M/ '( 0"(%,*$%7
KDF I @B?@=A=@CB A)HF)@A?F ?I JA DFB?A I% +9/9+#'9 p"( +(*+$ '(- T\q '( -$% $4-#+$+#9/(% '( %9/'$% "*#/$*#$% %9/ #//(+(%$*#$%c 9 p"( %( 4"('(/ 0$/,(/(* +9/ '"*$+#M/ (;+(%#V$ -9 p"( %( $%9+#$ $ 0$N9* 49%#:#-#'$' '( @/1(++#M/ "*#/$*#$ $%9+#$'$ $ =$,U,(*7 I- +$,U,(* "*#/$*#9 '(:( %(* "%$'9 X/#+$0(/,( (/ +$%9% (;+-"%#V$0(/,( /(+(%$*#9% N (- ,#(049 '( "%9 '(:( %(* -#0#,$'9 %(8X/ -$% /(+(%#'$'(% '( +$'$ 4$+#(/,(7 D9/ 4$+#(/,(% +9/ 1$+,9*(% '( *#(%89 4$*$ #/1(++#M/ '( V.$% "*#/$*#$% N $-,$ 09*,$-#'$'c (- %(* 0"k(*c $'"-,9 0$N9* N59 4$+#(/,(% #/0"/9+904*90(,#'9% #/0"/9+904*90(,#'9% J$ %9/'$ V(%#+$- /9 '(:( %(* ",#-#S$'$ (/ (- 0$/(k9 '( -$ #/+9/,#/(/+#$ "*#/$*#$c %9-9 (/ +$%9% (;+(4+#9/$-(% +"$/'9 9,*9% ,*$,$0#(/,9% 3$/ %#'9 #/%"1#+#(/,(%7 J$% #/'#+$+#9/(% 4*(+#%$% '( -$ $4-#+$+#M/ '( "/$ %9/'$ "*(,*$%9/2 $g )$+#(/,( +9/ *(,(/+#M/ $8"'$ '( 9*#/$ :g B(+(%#'$' '( 0('#+#M/ '( 8$%,9 "*#/$*#9 (/ 19*0$ +9/,#/X$7 +g )*9+('#0#(/,9% )*9+('#0#(/,9% p"#*X*8#+9% f+#*"8.$ "*9-M8#+$c 8(/#,9"*#/$*#$c 8(/#,9"*#/$*#$c +#*"8.$% 4*9-9/8$'$%c 4$+#(/,(% +$/'#'$,9% $ #/1"%#M/ '( V9-"0(/ $-,9 9 "%9 '( '#"*U,#+9% '"*$/,( -$ +#*"8.$7 'g +#*"8.$% 4(*#/($-(% 9 %$+*$% (/ 4$+#(/,(% #/+9/,#/(/,(% "*#/$*#97 (g 4$+#(/,(% p"( *(p"#(*$/ #/09V#-#'$' 4*9-9/8$'$ f#/(%,$:#-#'$' ,9*i+#+$ -"0:$* 9 4U-V#+$g 1g 4$*$ 91*(+(* +9/19*, (/ 4$+#(/,(% (/ (,$4$ ,(*0#/$-7 8g @/+9/,#/(/+#$ "*#/$*#$ +9/ *#(%89 4$*$ (- 4$+#(/,( f'$r9% (/ 4#(-c +9/,$0#/$+#M/ +9/,$0#/$+#M/ '( $-8X/ -"8$* '( +#*"8.$g7 J$% #/1(++#9/(% "*#/$*#$% 4"('(/ %(* 4*(V(/#:-(% %# %( ,90$/ -$% %#8"#(/,(% *(+90(/'$+#9/(% 2 m =$,(,(*#%09 '( +9*,$ '"*$+#M/ f/9 0i% '( LP 39*$% (/ 49%,p"#*X*8#+9g 49%,p"#*X*8#+9g m K,#-#S$+#M/ K,#-#S$+#M/ '( (p"#49 (%,U*#- m EU+/#+$ $%U4,#+$ (/ (- 090(/,9 '( -$ #/%(*+#M/ mIV#,$* -$% '(%+9/(;#9/(% '( -$ %9/'$ V(%#+$- +9/ (%#%,(0$ +9-(+,9* m <$/,(/(* (- %#%,(0$ +9-(+,9* (/ '(+-#V( *(%4(+,9 $ -$ V(k#8$ m IV#,$* p"( (- ,":9 +$#8$ 49* '(:$k9 '( -$ :9-%$ +9-(+,9*$m m IV#,$* (- ,*$"0$ "*(,*$-c ",#-#S$/'9 "/ YO
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70; 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+ 5#/,(*#9*5+$,$-989<$(%,*9! $,$-989<$(%,*9!)=73,0)=73,0-":*#+$/,( $'(+"$'9 N "/$ %9/'$ '( +$-#:*( -9 0i% 4(p"(r9 A%(8"*$* $'(+"$'$0(/,( -9% +$,U,(*(% 4(*0$/(/,(% '(%4"U% 49%#:-( '( $+"(*'9 $ -$% +$*$+,(*.%,#+$% '(- 4$+#(/,(7 m '( -$ #/%(*+#M/c 4$*$ (V#,$* (- 09V#0#(/,9 N -$ ,*$++#M/ '( -$ ?(:#(/'9 *($-#S$* -#04#(S$ 9 $%(4%#$ '(-#+$'$ '(- 0($,9 "*(,*$c 9 $+9'$0#(/,9%7 "*(,*$- $/,(% '( %" $4-#+$+#M/ m A4-#+$+#M/ 49* 4(*%9/$?(%4"U% '( "/$ ,U+/#+$ '( #/%(*+#M/ $%U4,#+$c 0$/,(/(* "/ +$4$+#,$'97 %#%,(0$ '( '*(/$k( +(**$'97 Ik(04-9% '( "%9 #/$4*94#$'9 '( +$,U,(*(% "*(,*$-(%2 $g )$*$ D# %( *904(/ -$% ,U+/#+$% $%U4,#+$% 9 %( 4*(%(/,$/ %"%,#,"#* -$ $,(/+#M/ '(- 4(*%9/$- '( (/1(*0(*.$ 9 0('#+9 (/ '(%+9/(;#9/(% 9 1"8$%c %"%,#,"#* (- +$,U,(* N -$ :9-%$ 4$+#(/,(% +9/ #/+9/,#/(/+#$ "*#/$*#$7 f(V#,$* p"( -( 4$+#(/,( *(+9-(+,9*$c %#(04*( 0$/,(/#(/'9 "/$ ,U+/#+$ $%U4,#+$ N 09k( -$ +$0$g :g )$*$ 9:,(/(* 0"(%,*$ '( 9*#/$ 4$*$ (p"#49% (%,U*#-(%7 -$:9*$,9*#9 (/ 4$+#(/,(% p"( (/ 19*0$ V9-"/,$*#$ -(% (% '#1.+#V$+#$* -$ V(k#8$7 =9/%#'(*$* (- "%9 %9/'$ "*#/$*#$ +9/ %#%,(0$% 4*(+9/(+,$'9% N +$,U,(*(% +9/ :#1"*+$+#9/(% %(--$'$%7
IDEHAEI!@AD )AHA HI?K=@H JA @BQI==@CB KH@BAH@A )FH DFB?A KH@BAH@A I- +$,U,(* "*#/$*#9 '(:( %(* ",#-#S$'9 X/#+$0(/,( (/ +$%9% (;+-"%#V$0(/,( /(+(%$*#9% N (- ,#(049 '( "%9 '(:( %(* -#0#,$'9 %(8X/ -$% /(+(%#'$'(% '( +$'$ 4$+#(/,(7 D( *(+90#(/'$ (- -$V$'9 '( 0$/9% $/,(% N '(%4"U% '( -$ +9-9+$+#M/ '(- +$,U,(* V(%#+$- 9 -$ 0$/#4"-$+#M/ '( -9% '#%49%#,#V9%c (- -$V$'9 '( 0$/9% '"*$/,( O $ P 0#/",9% (% %"1#+#(/,(7 J9% '(%#/1(+,$/,(% '( 0$/9% (%4(+#1#+$% *(+90(/'$'9% %9/2 m =-9*3(;#'#/$ $- L7Pq m )9V#'9/$ G9'$'$ '(- Tq $- Z7Tq I- !($-+939- 9 $-+939- /9 %"%,#,"N( $- -$V$'9 '( 0$/9% %9-9 (/ (0(*8(/+#$% 9 (/ +9/,$+,9 +9/ 4$+#(/,(% #/1(+,$'9%7 #/1(+,$'9%7 K,#-#S$* 8"$/,(% N :$,$% (%,U*#-(% N "/ $/,#%U4,#+9 9 %9-"+#M/ (%,U*#-c 4$*$ -$ -#04#(S$ 4(*# "*(,*$- $'(0i% '( "/ -":*#+$/,( 4$*$ -$ #/%(*+#M/7 I/ 4$+#(/,(% +9/ +#*"8.$ "*9-M8#+$ -$ *(,#*$'$ ,(04*$/$ '( -$ %9/'$ %( $%9+#$ +9/ "/ 0(/9* *#(%89 '( #/1(++#M/ "*#/$*#$7 J$% %9/'$% V(%#+$-(% '(:(/ +$0:#$*%( ,$/ 4*9/,9 +909 %($ 49%#:-( +9/ 1#/(% '( *('"+#* -$ :$+,(*#"*#$ N -$ #/1(++#M/ "*#/$*#$c %#(/'9 -9 #'($- /9 *(:$%$* LP 39*$% '( %" $4-#+$+#M/ (/ (- 49%,94(*$,9*#9 4U-V#+9 $:'90#/$-7 B9 (% /(+(%$*#9 (- "%9 *",#/$*#9 '( -":*#+$/,(% +9/ $/,#%U4,#+97 D( *(p"#(*( #/V(%,#8$+#M/ %9:*( -$ -#04#(S$ N -9% 0U,9'9% M4,#09% '( $-0$+(/$0#(/,9 4$*$ -9% +$,U,(*(% ",#-#S$'9% (/ +$,(,(*#S$+#M/ #/,(*0#,(/,( -#04#$7 =9/%#'(*$* +909 4*#0(*$ 94+#M/ +$,(,(*#S$+#M/ +$,(,(*#S$+#M/ #/,(*0#,(/,(c (/ 4$+#(/,(% +9/ '#%1"/+#M/ '(- V$+#$0#(/,9 V(%#+$-7
R (% (-(V$'9 v YcZc (- *(+$0:#9 '(:(*.$ (1(+,"$*%( +9/ 0$N9* 1*(+"(/+#$c (%4(+#$-0(/,( (/ 4$+#(/,(% +9/ 9:%,*"++#M/ '( *(4(,#+#M/7 YP
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70; 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+ 5#/,(*#9*5+$,$-989<$(%,*9! $,$-989<$(%,*9!)=73,0)=73,0A-8"/9% $",9*(% *(+90#(/'$/ (- +$0:#9 '( %9/'$ =AHA=EIHeDE@=AD ?I JA DFB?A 4(*0$/(/,( (/ "/ -$4%9 (/,*( a $ >L %(0$/$% +909 0i;#09 D$-V9 +#(*,$% #/'#+$+#9/(% +-./#+$%c +9/%#'(*$* (- "%9 '( I- 4(*%9/$- '( %$-"' '(:( --(V$* "/ %(8"#0#(/,9 N V#8#-$/+#$ +$,U,(*(% +9/ (- 0(/9* '#i0(,*9 49%#:-(c V#8#-$/'9 %" 0$/"$- 9 (-(+,*M/#+$ '( 1(+3$% '( +$0:#9 '( -$ %9/'$ $'(+"$'9 '*(/$k(c +9/ (- 9:k(,#V9 '( 0#/#0#S$* (- ,*$"0$ '("*#/$*#$ +9/ 1#/(% '( *('"+#* -$% #/1(++#9/(% 9 :$+,(*#"*#$7 +"(--9 V(%#+$- N -$ "*(,*$7 J9% 4$+#(/,(% N %"% +"#'$'9*(% '(:(/ *(+#:#* ('"+$+#M/ (/ ("%9 N 0$/(k9 $4*94#$'9 '( -$ %9/'$ "*#/$*#$c (%4(+#$-0(/,( 4$*$ (- (8*(%9 39%4#,$-$*#9 %9:*( -9% %#8"#(/,(% 4"/,9% 2 m B(+(%#'$' '( #/%,$-$* -$ %9/'$7 m )9* p"U %(-(++#9/$* (%( ,#49 '( %9/'$ +9/,#/"$ 9 #/,(*0#,(/,(7 m =909 %( --(V$*i $ +$:9 -$ #/%(*+#M/ '( -$ %9/'$ m =909 '(:( '( 0$/,(/(*%( 1"/+#9/$/'9 -$ %9/'$7 E9'$% -$% "/#'$'(% 0U'#+$% '(:(/ +9/,$* +9/ "/ 0$/"$- '( 4*9+('#0#(/,9% 4*9+('#0#(/,9% (/ +$'$ "/9 '( %"% %(*V#+#9% 4$*$ -$ #/%(*+#M/ V#8#-$/+#$c #/'#+$+#9/(% '( -$ $4-#+$+#M/ '( +$,U,(*(% "*#/$*#9% N --(V$* $ +$:9c "/ %(8"#0#(/,9 '( -$ $'3(*(/+#$ 9 +"04-#0#(/,9 +"04-#0#(/,9 '(- 0#%097 J9% +"$-(% '(:(/ (%,$* 49* (%+*#,97
IB JA F^EIB=@CB ?I
D( '(:( '( #/'#V#'"$-#S$* (- +$-#:*( '( -$ %9/'$ ,90$/'9 (/ +"(/,$c ,$--$c ('$'c N %(;97 ?(:( %(* (V#,$'9 (- "%9 '( %9/'$% ,*$"0i,#+$% 9 0$,(*#$- /9 $'(+"$'$ 4$*$ (- '*(/$k( '( V(k#8$7 J$% %9/'$% "*#/$*#$% 0i% *(+90(/'$'$% 49* %" :$k$ *(-$+#M/ +9/ #/1(++#9/(% "*#/$*#$% %9/2 m J$% %9/'$% '( D#-#+M/ f (/ 4$+#(/,(% +9/ %9/'$% 4(*0$/(/,(% $ -$*89 4-$S9 9 p"( *(p"#(*$/ +$,(,(*#S$+#M/ #/,(*0#,(/,(g m H(+":#(*,$% '( 4-$,$ *('"+(/ -$ #/+#'(/+#$ '( :$+,(*#"*#$ $%#/,90i,#+$ f4$+#(/,(% +9/ %9/'$ $ +9*,9 4-$S9 9 0(/9% '( "/$ %(0$/$7 J9% +$,U,(*(% 3#'*91.-#+9% 4"('(/ %(* (04-($'9% 4*(1(*#:-(0(/,( '( *",#/$c (/ 4$+#(/,(% p"( *(p"#(*(/ +$,(,(*#S$+#M/ #/,(*0#,(/,(7 J$% %9/'$% V(%#+$-(% '( -i,(; ,#(/( "/$ 4*(V$-(/+#$ 0i% $-,$ '( $-(*8#$ $- -i,(;c N %( $%9+#$/ $ +#,9,9;#+#'$'c $ 4*9+(%9 #/1-$0$,9*#9% f"*(,*#,#%c 49%#:-(% (%,(/9%#% 09-(%,#$% (/ (4(/( N $ -$ 9:%,*"++#M/ '( -$ %9/'$ 49* #/+*"%,$+#9/(%g7 J$% %9/'$% V(%#+$-(% '( -i,(; ,#(/( "/$ 4*(V$-(/+#$ 0i% $-,$ '( $-(*8#$ $- -i,(;c N %( $%9+#$/ $ +#,9,9;#+#'$'c $ 4*9+(%9 #/1-$0$,9*#9% f"*(,*#,#%c 49%#:-(% (%,(/9%#% 09-(%,#$% (/ (4(/( N $ -$ 9:%,*"++#M/ '( -$ %9/'$ 49* #/+*"%,$+#9/(%g7 =9/%#'(*$* (- "%9 %9/'$ "*#/$*#$ +9/ %#%,(0$% 4*(+9/(+,$'9% N +$,U,(*(% +9/ :#1"*+$+#9/(% %(--$'$%7 ="$/'9 -$ 9:%,*"++#M/ 9+"**( +9/ %9%4(+3$ '( p"( %( '(:( $+$,U,(* "*#/$*#9 0#%09c %( '(:( '( *(,#*$* N +$0:#$*7 I/ (- 4*9+(%9 '( #/1*$(%,*"+,"*$ $'0#/#%,*$,#V$% %( '(:( '( 190(/,$* (- +9/,$* +9/2 m<$/"$- '( 4*9+('#0#(/,9% (/ +$'$ "/9 '( %"% %(*V#+#9% 4$*$ -$ #/%(*+#M/ V#8#-$/+#$c #/'#+$+#9/(% '( -$ $4-#+$+#M/ '( +$,U,(*(% "*#/$*#9% N --(V$* $ +$:9c "/ %(8"#0#(/,9 '( -$ $'3(*(/+#$ 9 +"04-#0#(/,9 '(- 0#%097 J9% +"$-(% '(:(/ (%,$* 49* (%+*#,97 E9'$ "/#'$' 0U'#+$ '(:( '( +9/,$* +9/ "/ +90#,U 4$*$ -$ 4*(V(/+#M/ N +9/,*9- '( #/1(++#9/(% (%,*"+,"*$'9 49* 4(*%9/$- 0U'#+9c (/1(*0(*.$c #/8(/#(*.$c $'0#/#%,*$,#V9%c 4(*%9/$- '( 1$*0$+#$c 0#+*9:#M-989%c I- +90#,U %( *("/#*i 49* -9 0(/9% ,*(% V(+(% $- $r97
YT
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70; 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+ 5#/,(*#9*5+$,$-989<$(%,*9! $,$-989<$(%,*9!)=73,0)=73,0$/,(% '(,*$,$0#(/,9 (04.*#+9 +9/ 1#/(% '( #'(/,#1#+$* (?@A!BFDE@=F 8(*0(/ +$%"$- '( -$ #/1(++#M/7 J9% %#8/9% N %./,90$% +904$,#:-(% +9/ #/1(++#M/ $%9+#$'$ $ %9/'$ V(%#+$- #/+-"N(/2 A,$p"( $- (%,$'9 8(/(*$-c 1#(:*(c $-,(*$+#M/ 0(/,$-c -(,$*89 +9/ 9 %#/ +$"%$ #'(/,#1#+$'$c %(/%#:#-#'$' (/ (- i/8"-9 +9%,9 V(*,(:*$-c 3(0$,"*#$ $8"'$c 09-(%,#$ 4U-V#+$c '9-9* %"4*$ 4X:#+9 N (/ 4$+#(/,(% $ -9% p"( %( *(,#*$ -$ %9/'$ '#%"*#$c "*8(/+#$ "*#/$*#$c 49-#"*#$ +9/ %(/%#:#-#'$' %"4*$4X:#+$7 I/ 4$+#(/,(% +9/ -(%#M/ 0('"-$*c -$ (%4$%,#+#'$' $"0(/,$c *(1#*#(/'9 %(/%$+#M/ '( 0$-(%,$* +904$,#:-( +9/ #/1(++#M/ $%9+#$'$ $ %9/'$ V(%#+$-7 I- '#$8/9%,#+9 (/ 4$+#(/,(% +9/ %9/'(9 V(%#+$- (% '#1.+#-c '$'9 -9 #/(%4(+.1#+9 '( -9% %#8/9% N %./,90$% (%4(+#$-0(/,( (/ 4$+#(/,(% 8(*#i,*#+9%7
J$ ,#*$ *($+,#V$ 9 '#4%,#+| /9 (% -$ 4*"(:$ '( 0$N9* %(/%#:#-#'$' (/ (- '#$8/M%,#+9 '( #/1(++#M/ "*#/$*#$ (/ 4$+#(/,(% +9/ %9/'$7 D( *(p"#(*( '( -$ 4*(%(/+#$ '( )@KH@A (/ (- (;$0(/ 8(/(*$'( 9*#/$ f4*(%(/+#$ '( >\ -("+9+#,9% ; +$049g N '( "/ K*9+"-,#V9 49%#,#V9 f-$ 4*(%(/+#$ '( >\\ \\\ "1+50- g$8(/,( 0#+*9:#$/9 "*94$,M8(/9 4$*$ (- '#$8/M%,#+9 '( :$+,(*#"*#$ $%#/,90i,#+$7 I/ -$ 0"k(* %( *(p"#(*( -$ ,90$ '( '9% 0"(%,*$% '( 9*#/$ 4$*$ "*9+"-,#V9c %# 1"(*$ 49%#,#V9 %( +9/1#*0$ (- '#$8/M%,#+9 '( #/1(++#M/ "*#/$*#$7 I- ?#$8/M%,#+9 (/ -$ 0"k(* %( *($-#S$ $/,( -$ 4*(%(/+#$ '( -("+9+#,9% >\ 00O N >\O "/#'$'(% 19*0$'9*$% '( +9-9/#$% 49* 0#-#-#,*9 '( 9*#/$ 9:,(/#'$ (/ 0"(%,*$ '( +39**9 0('#97
?$'9 p"( /9 (% 1i+#- (- '#$8/M%,#+9 +-./#+9 '( -$ #/1(++#M/ "*#/$*#$ %( *(+90#(/'$ -$ :X%p"('$ '( 4#"*#$ v>\ 49* +$049c "*9+"-,#V9 49%#,#V9 +9/ $#%-$0#(/,9 '( >\T "1+50- '( "/ 0#+*99*8$/#%09 0#+*99*8$/#%09 "*9 4$,M8(/9 0i% %#/,90$,9-98.$ "*#/$*#$7
I- (;$0(/ 8(/(*$- '( 9*#/$ fI!Fg $-+$/S$ %(/%#:#-#'$' '( Zaq $ [Lq N (%4(+#1#+#'$' (%4(+#1#+#'$' '( YTq $ [aq7
J9% %#8/9% N %./,90$% +904$,#:-(% +9/ #/1(++#M/ $%9+#$'$ $ %9/'$ V(%#+$- #/+-"N(/2 A,$p"( $- (%,$'9 8(/(*$-c 1#(:*(c $-,(*$+#M/ 0(/,$-c -(,$*89 +9/ 9 %#/ +$"%$ #'(/,#1#+$'$c %(/%#:#-#'$' (/ (- i/8"-9 +9%,9 V(*,(:*$-c 3(0$,"*#$ $8"'$c 09-(%,#$ 4U-V#+$c '9-9* %"4*$4X:#+9 N (/ 4$+#(/,(% $ -9% p"( %( *(,#*$ -$ %9/'$ '#%"*#$c "*8(/+#$ "*#/$*#$c 49-#"*#$ +9/ %(/%#:#-#'$' %"4*$4X:#+$7
J9% (%,"'#9% '( 8$:#/(,( 9 (%4(+#$-(% (%,i/ #/'#+$'9%c (/ +$%9 '( 4$+#(/,(% +9/ %9%4(+3$ '( '$r9 *(/$- 49* #/1(++#9/(% #/1(++#9/(% '( -$*8$ (V9-"+#M/ 9 +9/ 4(*%#%,(/+#$ 4"'#(/'9 %(* %(8X/ (+$%9 -9% %#8"#(/,(%2 m )*"(:$% '( 1"/+#9/$0#(/,9 *(/$-7 m @0$8(/9-98.$ *(/$-fK-,*$%9/#'9g *(/$-fK-,*$%9/#'9g m !$0$8*$0$ *(/$- f I%,9 (/ +$%9% (%4(+#$-(% N (/ +(/,*9% '( E(*+(* /#V(- 4*(V#$ V$-9*$+#M/ 49* 0U'#+9 (%4(+#$-#%,$g7
I/ -$ $,(/+#M/ '( -$ 4$+#(/,( +9/ +$,U,(* V(%#+$- '(:( *($-#S$*%( "/$ R#%,9*#$ =-./#+$ (/19+$'$ $ -$ :X%p"('$ '( 1$+,9*(% '( *#(%89 N +"$'*9 +-./#+97 I/ 4$+#(/,(% p"( %( %9%4(+3$ (- 4$'(+#0#(/,9 '(:(09% %9-#+#,$* 4*"(:$% '#$8/M%,#+$% '( -$:9*$,9*#9 -9 0i% (%4(+.1#+9 49%#:-( '#%49/#:-( (/ +$'$ /#V(- '( $,(/+#M/7 G 49%,(*#9* $ -$ ,90$ '( 0"(%,*$ #/#+#$* ,*$,$0#(/,9 (04.*#+97
I- (%,"'#9 '( )=H (% *(+90(/'$:-( $/,( -$ %9%4(+3$ '( #/1(++#M/ "*#/$*#$ $%9+#$'$ $ %9/'$ V(%#+$- (/ +$%9% '( '#1.+#+9/,*9- 9 (/ +(/,*9% p"( +"(/,(/ +9/ (- *(+"*%97
EHAEA<@IBEF I- ,*$,$0#(/,9 1$*0$+9-M8#+9 %( '#V#'( (/2 )*91#-i+,#+9 N E(*$4U",#+97
)HKI^AD ?@A!BCDE@=AD I/ (- 4$+#(/,( +$,(,(*#S$'9 '( -$*8$ (V9-"+#M/ +9/ "/ %#%,(0$ +(**$'9c -$ 4*(%(/+#$ '( :$+,(*#"*#$ (% 1*(+"(/,(w (- 3$--$S89 (/ (- K*9+"-,#V9 '( 0i% '( "/ 0#+*99*8$/#%09 4$,M8(/9 %"(-( ,90$*%( +909 "/$ +9/,$0#/$+#M/c '(:( %(* #/,(*4*(,$'9 +9/ +$",(-$c N$ p"( %"(-( %(* 49-# 0#+*9:#$/$7 I- "*9+"-,#V9 +9/ $/,#:#98*$0$ +9/,#/X$ %#(/'9 (- (%,"'#9 +9/1#*0$,9*#9 '( #/1(++#M/ "*#/$*#$c (- +"$- '(:( '( ,90$*%(
I% $+(4,$'9 (- E*$,$0#(/,9 1$*0$+9-M8#+9 4*91#-i+,#+9 (/ 4$+#(/,(% +9/2 m@/1(++#M/ "*#/$*#$ *(+#'#V$/,( m )$+#(/,(% +9/ +$*'#94$,.$ V$-V"-$*c '(1(+,9 %(4,$- f4(*%#%,(/+#$ '( +9/'"+,9 $*,(*#9%9 4*M,(%#% V$-V"-$* I/ +$,(,(*#%09 "*#/$*#9 +9*,$ '"*$+#M/ 9 :$+,(*#"*#$ $%#/,90i,#+$ /9 (%,i #/'#+$'9 I- "%9 '( $/,#:#M,#+9% 4*91#-i+,#+9%
YY
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0I/ "/ 0(,$/i-#%#% %M-9 %( (/+9/,*M "/ (/%$N9 4(p"(r9 +9/ J$% %$-(% '( 0(,(/$0#'$ 4"('(/ %(* +9/%#'(*$'$% 4$*$ 0(/9% (4#%9'#9% '( @K f#/1(++#M/ "*#/$*#$g +9/ (- "%9 '( '#%0#/"#* -$ :$+,(*#"*#$ ( #/1(++#M/ "*#/$*#$ (/ ($/,#:#M,#+9% 4*91#-i+,#+9%7 49%94(*$,9*#9 '( 4$+#(/,(%c +9/ #/,(*V(/+#9/(% 8#/(+9-M8#+$% " 9,*9% 4*9+('#0#(/,9% p"#*X*8#+9% p"( *(p"#(*$/ %9/'$ B9 (%,i #/'#+$'9 (- "%9 '( $/,#%U4,#+9% "*#/$*#9% 4*91#-i+,#+9 4(*0$/(/,( 49* 0(/9% '( "/$ %(0$/$7 (/ 19*0$ *",#/$*#$ (/ 4$+#(/,(% +9/ %9/'$ (/ 4(*.9'9% +9*,9% 9 -$*89% %M-9 (/ 4$+#(/,(% +9/ #/'#+$+#9/(% 4*(+#%$%7 I- )3 "*#/$*#9 %( '(:( 0$/,(/(* 0(/9* '( Y +9/ %$-(% '( 0(,(/$0#'$7 J9% $/,#:#M,#+9% *(+90(/'$'9% 4$*$ -$ 4*91#-$;#% '( *(+#'#V$ /9 +904-#+$'$% %9/2 m B#,*91"*$/,9./$% m E*#0(,*94*#0 +9/ J$ #**#8$+#M/ '(- +$,U,(* +9/ $/,#0#+*9:#$/9 /9 '(:( %(* %"-1$0(,9;$%9- m I/ #/1(++#9/(% #/,(*+"**(/,(% ",#-#S$* "%$'$ '( *",#/$ (/ 4$+#(/,(% +9/ %9/'$ V(%#+$-7 I%,$/'9 +#4*91-9;$+#/$ 9 /9*1-9;$+#/$ $"/p"( (%,( X-,#09 /9 (%,i -#0#,$'9 $ 4$+#(/,( +9/ #/,(*V(/+#9/(% p"#*X*8#+$% (/ '9/'( '#%49/#:-( (/ (- +"$'*9 :i%#+97 m ^(,$m-$+,i0#+9% %# 3$ *('"+#'9 -$ :$+,(*#"*#$7 fA09;$+#-#/$g m =(1$-9%49*#/$% f =(1,$S#'#0$c =(1,*#$;9/$g m I- "%9 '( $/,#:#M,#+9% N$ %($ %#%,U0#+9 9 -9+$- (/ (- 090(/,9 A0#/9 8-"+M%#'9% fA0#|$+#/$g '(- +$0:#9 '( %9/'$ /9 3$ 09%,*$'9 *('"++#M/ '( :$+,(*#"*#$ I- ,*$,$0#(/,9 (04.*#+9 %" 1"/'$0(/,$ (/ -$ 4*(V$-(/+#$ '( ( #/1(++#M/ "*#/$*#$7 -9% 4*#/+#4$-(% 8U*0(/(% "*94$,M8(/9% +909 %9/ I7+9-.c D( '(:( '( #/19*0$* -9% :(/(1#+#9% N *#(%89% '(- "%9 '( n-(:%#(--$c 4*9,("%c (%,$1#-#+9+9% N (/,(*9+9+9% %#(/'9 0('#+$0(/,9% #/'#+$'9% (/ -$ $,(/+#M/ '(- 4$+#(/,( 49*,$'9* *(+90(/'$:-( %" "%9 '"*$/,( Oc T 9 3$%,$ Z '.$%7 '( %9/'$ "*#/$*#$ F,*9% 1i*0$+9% *(+90(/'$'9% (/ (- ,*$,$0#(/,9 (04.*#+9 '( J9% (%,"'#9% '( -$:9*$,9*#9 4$*$ (- ,*$,$0#(/,9 '( -$ -$ #/1(++#M/ "*#/$*#$ %9/2 E*#0(,*94*#0 +9/ %"-1$0(,9;$S9:$+,(*#"*#$ $%#/,90i,#+$ (/ -9% 4$+#(/,(% +9/ %9/'$ V(%#+$-c Q-"9*9p"#/9-9/$% f=#4*91-9;$+#/9g (%,i/ #/'#+$'9% (/2 m I0:$*$S$'$ m)$+#(/,(% +9/ J$% $-,(*/$,#V$% 1$*0$+9-M8#+$% (/ +$%9% 4(*%#%,(/,(% 9 4*9+('#0#(/,9% p"#*X*8#+9% "*98#/(+9-M8#+9%7 %(V(*9% %9/2 m ^(,$-$+,i0#+9%mA0#/94(/+#-#/$% fA09;#+#-#/$~ I- "%9 '#$*#9 '( 4*9'"+,9% $/,#%U4,#+9% -9+$-(% +909 (=-$V"-$/#+9g m A0#/98-"+M%#'9%fA0#|$+#/$g m =(1$-9%49*#/$% #%9'#/(c %"-1$,9 '( 4-$,$ N $/,#:#M,#+9% -9+$-(% /9 (%,i '( %(8"/'$ N ,(*+(*$ 8(/(*$+#M/ f=(1,$S#'#0$c =(1,*#$;9/$g m *(+90(/'$'9 (/ *",#/$ 4$*$ *('"+#* -$ :$+,(*#"*#$ 9 #/1(++#M/ =$*:$4(/(0 f/9 (%,i '#%49/#:-( (/ ="$'*9 :i%#+9g7 "*#/$*#$ N$ p"( /9 3$N %"1#+#(/,( (V#'(/+#$ 4$*$ %" ",#-#'$'7 I/ +$%9 '( #/1(++#M/ 49* 39/89% %( *(+90#(/'$2 mQ-"+9/$S9- m I/ 4$+#(/,(% +9/ ,*$,$0#(/,9 1$*0$+9-M8#+9 (04.*#+9 N 1$-,$ A/19,(*#+#/$ ^7 '( *(%4"(%,$ $- 0#%09 %( *(+90#(/'$ 1-"9*9p"#/9-9/$% +909 (- -(V91-9;$+#/9 '( 4*#0(*$ -./($ p"( $"/p"( /9 (%,i D# -$ ,$%$ '( @KA= /9 '#%0#/"N( '(%4"U% '( -$ $4-#+$+#M/ '( "/$ (%,*$,(8#$ 8-9:$- 4$*$ *('"+#* -$% ,$%$% '( #/1(++#M/c '#%49/#:-( (/ +"$'*9 :i%#+9 4"'#(/'9 4*(%+*#:#* (+9/%#'(*( (- "%9 '( +$,U,(*(% #04*(8/$'9% +9/ +#4*91-9;$+#/9 9 +(1$-9%49*#/$% '( ,(*+(*$ 8(/(*$+#M/ $/,#0#+*9:#$/9% 9 $/,#%U4,#+97 J$ (%,*$,(8#$ 8-9:$- '(:( I- ,*$,$0#(/,9 $/,#0#+*9:#$/9 '( -$ :$+,(*#"*#$ $%#/,90i,#+$ #/+-"#*c +909 0./#09c -$% *(+90(/'$+#9/(% :i%#+$% 4$*$ ((% $/,( +"$'*9% *(%#%,(/,(% $"/$'9 $ -$ *(09+#M/ '( -$ %9/'$ "%9 '(- +$,U,(* "*#/$*#9c -$ #/%(*+#M/ $%U4,#+$ N ((/ -$ 0"k(* '(:( %(* +9/%#'(*$'9 N$ p"( *('"+( (- *#(%89 '( 0$/,(/#0#(/,9 "/$ (/1(*0('$' *(+#'#V$/,(7 I/ 4$+#(/,(% +9/ +$,U,(* "*(,*$- $ +9*,9 4-$S9c (- "%9 -9+$- '( I- ,*$,$0#(/,9 '( -$ #/1(++#M/ "*#/$*#$ *(p"#(*( (- "%9 '( $/,#:#M,#+9% (/ -$ %9/'$ *(,*$%$ -$ 4*(%(/+#$ '( :$+,(*#"*#$7 $/,#:#M,#+9% (/ 19*0$ (04.*#+$c *(p"#*#(/'9 -$ ,90$ '( "/$ D#/ (0:$*89 /9 3$N '$,9% %"1#+#(/,(% 4$*$ *('"+#* -$ #/1(++#M/ 0"(%,*$ '( 9*#/$ 4$*$ +"-,#V9 '(:( %(* 9:,(/#'$ $/,(% '( "*#/$*#$7 B9 %#(/'9 *(+90(/'$'9 %" "%9 (/ 19*0$ *",#/$*#$7 #/#+#$* -$ ,(*$4#$ $/,#0#+*9:#$/$7 I- "%9 %#%,U0#+9 '( $/,#:#M,#+9% /9 '(:( '( %(* "%$'9 (/ I/ +$%9% '( #/1(++#M/ "*#/$*#$ :$k$ /9 +904-#+$'$ (%,i 4$+#(/,(% +9/ %9/'$ V(%#+$- $ +9*,9 9 -$*89 4-$S9 (/ 19*0$ '( #/'#+$'9 (- "%9 '( +"$-p"#(* '( (%,9% $/,#0#+*9:#$/9% '( *",#/$*#$c N$ p"( 4"('( 8(/(*$* *(%#%,(/+#$ $/,#0#+*9:#$/$7 4*#0(*$ (-(++#M/2 m E*#0(,*94*#0 +9/ %"-1$0(,9;$S9)9* -9 p"( -9% :(/(1#+#9% '( -9% $/,#:#M,#+9% 4*91#-i+,#+9% /9 f<)5D
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0J$ +90:#/$+#M/ '( +#4*91-9;$+#/$ 9 $09;#+#-#/$ m i+#'9 =H@EIH@FD ?I HIQIHIB=@A ?I DI!KB?F A +-$V"-i/#+9 (%,i ,$0:#U/ #/'#+$'$ (/ #/1(++#M/ "*#/$*#$ $8"'$ EIH=IH B@]IJ ?I AEIB=@CB (/ 4$+#(/,(% 49*,$'9*(% '( %9/'$7 I- "%9 '( -(V91-9;$+#/$ '"*$/,( T '.$% 4"('( %(* +9/%#'(*$'$ (/ 4$+#(/,(% +9/ #/1(++#M/ "*#/$*#$ +9/ %#/,90$,9-98.$ -(V(7 ="$/'9 -$ I7 +9-# 4*(%(/,$ *(%#%,(/+#$c %( *(+90#(/'$ (;+-"%#V$0(/,( (- (04-(9 '( 1-"9*9p"#/9-9/$%7
J9% 4$+#(/,(% +9/ %9/'$ "*#/$*#$ ( #/1(++#9/(% *(+#'#V$/,(% 9 '( '#1.+#- +9/,*9- p"( /9 (% *(%"(-,9 (- 4*9:-(0$ (/ %(8"/'9 /#V(- '(:(/ %(* (/V#$'9% $ E(*+(* /#V(- 4$*$ (%,"'#9% (%4(+#$-#S$'9%7
I- "%9 '( $/,#:#9,#+9,(*$4#$ (/ -$ #/1(++#M/ "*#/$*#$ '"*$/,( Z '.$%c 3$ 09%,*$'9 -$ *(%9-"+#M/ '( -$ %#/,90$,9-98.$7 I/ 4$+#(/,(% +9/ 49:*( *(%4"(%,$ '(:( "%$*%( '( >\ $ >P '.$%7 I/ 4$+#(/,(% %#/ *(%4"(%,$ $ /#,*91"*$/,9./$ 9 ,*#0(,*94*#0 +9/ %"-1$0(,9;$S9- '(:( '( *($-#S$*%( "*9+"-,#V9 +9/ $/,#:#98*$0$7 J$ 4*(%(/+#$ '( 4#"*#$ $+904$r$'$ 9 /9 '( :$+,(*#"*#$ %#/ %#/,90$,9-98.$ "*#/$*#$ /9 (% #/'#+$,#V$ '( $/,#:#9,#+9,(*$4#$7 I/ 0"k(*(% '( YT $r9% 9 0i% (% *(+90(/'$:-( (- "%9 '( $/,#0#+*9:#$/9% '"*$/,( O '.$% 49%,(*#9* $- *(,#*9 '( %9/'$ V(%#+$-7 I- $*i/'$/9 3$ %#'9 ",#-#S$'9 +909 4*91#-$;#% '( -$% #/1(++#9/(% "*#/$*#$% (/ 4$+#(/,(% +9/ V(k#8$ /("*98U/#+$ N 0$/(k9 '( %9/'$ V(%#+$-c %#/ (0:$*89 3$N '$,9% #/%"1#+#(/,(% 4$*$ *(+90(/'$*-9 (/ 9,*9 8*"49 '( 4$+#(/,(%7 J$ #**#8$+#M/ '( +$,U,(* "*#/$*#9 '(:( %(* *(%,*#/8#'$ %9-9 +"$/'9 (;#%,#(*9/ 4*9+('#0#(/,9% p"#*X*8#+9% "*9m 8#/(+9-M8#+9% N $/,( -$ %9/'$ "*#/$*#$ '( +9*,9 4-$S9 N$ p"( *('"+( -$ 4*(%(/+#$ '( :$+,(*#"*#$7 J$ #**#8$+#M/ '( +$,U,(* +9/ %9-"+#M/ %$-#/$ /9 3$ '(09%,*$'9 *('"+#* -$ :$+,(*#"*#$c #/1(++#M/ "*#/$*#$ /# -$ 9:%,*"++#M/ (/ 4$+#(/,(% +9/ %9/'$ "*#/$*#$ $ -$*8$ 4-$S97 I/ 4$+#(/,(% 49*,$'9*(% '( %9/'$ '(:(/ '( #/8(*#* %"1#+#(/,(% -.p"#'9% %#(/'9 -9 *(+90(/'$'9 "/ +9/%"09 '( >7T -#,*9% 49* '.$7
=H@EIH@FD ?I HIQIHIB=@A ?I )H@
Ya
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0$r9% +$%# (- >\\q +9/ %(*9+9/V(*%#M/7 J$% '#1(*(/+#$% *(49*,$'$% +9/ -9% 4$.%(% '(- 9(%,( %( *(-$+#9/$*M/ +9/2 o (%,#-9 '( V#'$ o '(/%#'$' '( 49:-$+#M/ o /#V(-(% '( 3#8#(/(7
!+&+&3%2"+0$0 $&4"%%$+0'
I)@?I<@FJF!@A G QA=EFHID ?I H@ID!F o J$ <@ (% "/ %./'*90( +$"%$'9 49* I^]c 1*(+"(/,( (/ /#r9% N $'9-(%+(/,(%7 o J$ #/1(++#M/ 4*#0$*#$ (/ %" 0$N9*.$ (% $%#/,90i,#+$ 9 +9/ %./,90$% -(V(% (/ -$ #/1$/+#$ o J$ 4*(V$-(/+#$ #/+*(0(/,$ +9/ -$ ('$' o D( ,*$/%0#,( 49* +9/,$+,9 9*$- 49* 0('#9 '( -$ %$-#V$2 0$/9% 9 k"8"(,(% (/ /#r9% N :(%9% (/ -$ (,$4$ '( $'9-(%+(/+#$ o I- 4(*#9'9 '( @/+":$+#M/ '( -$ <@ (% '( O\ $ T\ '.$%7 J$ #/1(+,#V#'$' '(- I^] (/ %$-#V$ 4(*0$/(+( 49* -9 0(/9% Y 0(%(% 49%,(*#9* $ <@ $8"'$ '(:#'9 $ -$ (;+*(+#M/ $-,$ '( +$*8$ V#*$- '( ?BA7 ?#%0#/"N( (/ 19*0$ #/,(*0#,(/,( (/ (,*$/%+"*%9 '( -$ V#'$ N *('"+( (/ +U-"-$% 09/9/"+-($*(% '( %$/8*( 4(*#1U*#+$ (/,*( (- '.$ \ $ >a\c +9/ *(:9,( (/,*( (- '.$ O\ N [\ (/ (- [\q '( -9% 4$+#(/,(%w -9 p"( %"8#(*( *(+"**(/+#$ +-./#+$ N '(%$4$*(+#(/'9 *i4#'$0(/,( (/ (- 4-$%0$7 J9% 49*,$'9*(% '( I^] +9/ +*(+#0#(/,9 $0#8'$-#/9 (;+*(,$/ ?BA V#*$- (/ "/$ 1*(+"(/+#$ %#0#-$* $"/p"( (/ 0(/9* +$/,#'$' p"( -9% 4$+#(/,(% 4('#i,*#+9% +9/ <@ $8"'$c %#/ (0:$*89 -$ (V#'(/+#$ /9 (% +9/+-"N(/,(7 I- 0U'#+9 '( 4*#0(* +9/,$+,9 '(:( *(+9/9+(* $ -$ <@ +909 "/ %./'*90( 1*(+"(/,( (/ /#r9% N $'9-(%+(/,(%c +"N$ 4*(V$-(/+#$ #/+*(0(/,$ +9/ -$ ('$'7 I% *(+90(/'$:-( #/19*0$* $ -9% 4$+#(/,(% +9/ <@ (- *#(%89 '( ,*$/%0#%#M/ 49* %$-#V$ f1M0#,(%c :(%9%g (- +"$- (% 0$N9* (/ #/1(++#M/ *(+#(/,(7 o
4*(%(/,$ "/$ 4*(V$-(/+#$ (/,*( Z\maTq7 o J$ #/+#'(/+#$ '( <@ (/ I%,$'9% K/#'9% '( B9*,($0(*#+$ %( (%,#0$ '( L\mZ\5>\\ \\\ 3$:#,$/,(% 49* $r9 ( #/+*(0(/,9 (/ kMV(/(% $ >\\5>\\ \\\ 3$:#,$/,(% 49* $r97 o I/ /#r9% (- 4(*#9'9 '( #/+":$+#M/ '(I^] 4"('( $+9*,$*%( $ '#1(*(/+#$ '( -9% $'9-(%+(/,(% N $'"-,9% (- +"$- (% '( O\ $ T\ '.$% I/ 4$.%(% '(%$**9--$'9% -$% ,$%$% $/"$-(% *(49*,$'$% 49* +$'$ > \\\ 3$:#,$/,(% 3$+( O\ $r9%2 o >\ $ >[ $r9% '( ('$'c Y $ a +$%9%7 o z '( >\ M v '( O\ $r9% 0(/9% '( > +$%97 D( 3$ 4":-#+$'9 (/ /#r9% +3#/9% '( Y $r9% '( ('$'c %(*94*(V$-(/+#$ '( $/,#+"(*49% 4$*$ I^] '( a\q N $ -9% >\
J$ <@c (% 0i% 1*(+"(/,( (/ #/'#V#'"9% (/ -$ %(8"/'$ 'U+$'$ '( -$ V#'$c $'9-(%+(/,(%c p"( 3$/ V#V#'9 (/ 0(k9*(% +9/'#+#9/(% %$/#,$*#$%c +9/%#'(*$/'9 +909 1$+,9* $%9+#$'9 ((%,$,"% %9+#9(+9/M0#+9 :$k97 J9% +$%9% '( <@ 9+"**(/ %#/ *(-$+#M/ +9/ $-8"/$ (%,$+#M/ '(- $r9 (/ 4$*,#+"-$*7 I/ /#r9% $1*#+$/9% $ -9% L> 0(%(% (- Zaq 0"(%,*$/ %(*9+9/V(*%#M/ %#/ 0$/#1(%,$+#M/ '( <@7 I/ j$4M/ -$ 0$N9*.$ '( -9% +$%9% (% z '( T $r9%c +9/ "/ 4#+9 $ -9% P $r9% N %(*9+9/V(*%#M/ '(- Z\q $ -9% O $r9%7 I/ +9/,*$%,( (/ +#"'$'(% '(- 9(%,( '( I%,$'9% K/#'9% '( B9*,($0(*#+$ %( 3$ *(49*,$'9 V$*#$+#9/(% (/ 9-($'$% (/ /#r9% (/,*( > $ Y $r9% N (/ -9% v >\ $r9%w +9/ "/$ :$k$ %(*9+9/V(*%#M/ (/,*( Y N >\ $r9%7 J$ :$k$ %(*9+9/V(*%#M/ (/ z '( > $r9 (% '(:#'$ 49* -$ 4*9,(++#M/ '( $/,#+"(*49% 0$,(*/9%7 J$ #/1(++#M/ 4*#0$*#$ 49* I^] %( '(,(+,$/ L $ O 0(%(% '(%4"U% '( -$ '(%$4$*#+#M/ '( $/,#+"(*49% 0$,(*/9% p"( 4"('(/ %(* (/,*( Y N a 0(%(%7 I/ /"(%,*9 4$.% /9 (;#%,(/ '$,9% (4#'(0#9-M8#+9% (/ *(-$+#M/ $ <@c +9/%#'(*$/'9 p"( -$% +$*$+,(*.%,#+$% '( /"(%,*$ 49:-$+#M/ %9/ %(0(k$/,(% $ 4$.%(% +9/ 49:*( #/1*$(%,*"+,"*$ %$/#,$*#$ N $-,$ '(/%#'$' '(098*i1#+$ %( (%4(*$ p"( $ 0(/9* ('$' (;#%,#*i "/ 0$N9* 8*$'9 '( 4*#09#/1(++#M/7 I/ "/$ +939*,( ("*94($ (/ L\\Y (/ kMV(/(% '( L\ $r9% ('$'c "/#V(*%#,$*#9%c %( *(49*,M "/$ 4*(V$-(/+#$ '( ZTq 4$*$ I^]c %#/ 09%,*$* '#1(*(/+#$ (/ 8U/(*97 I- 4*90('#9 $/"$- (/ -$ ,$%$ '( %(*9+9/V(*%#M/ 1"( >T7Lq N "/$ ,$%$ '( <@ '( O7Zq D( +9/%#'(*$ p"( -$% *(-$+#9/(% %(;"$-(% %9/ "/ 1$+,9* '( *#(%89 (/ -$ %(*9+9/V(*%#M/ 4$*$ I^] f4z \7\\Pgc %#/ +$0:#9 %#8/#1#+$,#V9 (/ -$ %(*9+9/V(*%#M/ 49* (- "%9 '( +9/'M/ 9 %(;9 9*$-7 =9#/+#'#(/'9 p"( -$ ,*$/%0#%#M/ 4"('( 9+"**#* (/ +9/'"+,$% %(;"$-(% +909 :(%9% x4*91"/'9%y I^] ,#49 > 4*9'"+( 0i% +$%9% '( <@ +904$*$'9 +9/ %(*9+9/V(*%#M/ %#-(/,(7 f4z \7\\>g o D( 3$ 9:%(*V$'9 (/ -9% 4$+#(/,(% '( >T $ >[ $r9% +9/ <@ *(p"#(*(/ 39%4#,$-#S$+#M/ (/ (- PPq7 o D( *(1#(*( p"( -9% 8(0(-9% ,#(/(/ "/ *#(%89 0(/9* 4$*$ '(%$**9--$* <@ N$ p"( %9/ 0i% 4*94(/%9% $ -$ (;49%#+#M/ 49* I^] (/ ('$' ,(04*$/$ 49* +9/,$+,9 1.%#+9 N 1M0#,(% f%$-#V$g '#%0#/"N(/'9 (- *#(%89 '( #/1(++#M/ 49%,(*#9*7 o I%,"'#9% (/ $'9-(%+(/,(% "/#V(*%#,$*#9% %( (/+9/,*9 +9/%#%,(/+#$ (/ %(*949%#,#V#'$' 4$*$ I^] (/ v '( >[ $r9% (/ "/ a\q N (/ $'9-(%+(/,( p"( 3$/ V#V#'9 (/ 4$.%(% ,*94#+$-(% (/ "/ a>q o D(*94*(V$-(/+#$ 4$*$ I^] (/ (%,"'#$/,(% /$+#'9% Y[
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0(/ A1*#+$ %( *(49*,9 (/ [Pqc A0U*#+$ '(- D"* (/ aTq N 9,*9% o I/ -$ <@ -$% 4(,(p"#$% %( 9:%(*V$/ (/,*( -$ "/#M/ '(4$.%(% (/ '(%$**9--9 (/ aOq N (/ (- %"*(%,( '( A%#$ (/ "/ 4$-$'$* :-$/'9 N (- 4$-$'$* '"*97 o F+"**(/ (/ :*9,(% N '"*$/ Z[q7 49+9% '.$%7 I- 0U'#+9 '( 4*#0(* +9/,$+,9 '(:( ,90$* (/ +"(/,$2 o 49:-$+#M/ '( 0$N9* *#(%89% 4$*$ -$ <@ (/'U0#+$ %9/ -9% 8*"49% +9/1#/$'9% '( $'9-(%+(/,(% N $'"-,9% kMV(/(% +909 (/ #/%,#,"+#9/(% ('"+$,#V$%7 o I% 1*(+"(/,( (- (%,$'9 '( 49*,$'9* $%#/,90i,#+9 #/'(4(/'#(/,(0(/,( '(- 8U/(*97 o !(/(*$-0(/,( (% /(+(%$*#9 (- +9/,$+,9 4(*%9/$- (%,*(+39c p"( #/V9-"+*( (- #/,(*+$0:#9 '( %$-#V$ 9 %(+*(+#9/(% 9*91$*#/8($% 4$*$ -$ ,*$/%0#%#M/ '(- I^]7 o J$ #/1(++#M/ %( +9/,*$( (/ -9% +90#(/S9% '( -$ V#'$c 4$*,#+"-$*0(/,( (/ 8*"49% %9+#9(+9/M0#+9% :$k9%c 49* -9 p"( '( $+"(*'9 $ -$% +$*$+,(*.%,#+$% '( /"(%,*$ 49:-$+#M/ 3$:*i p"( +9/%#'(*$* 4$+#(/,(% %(*949%#,#V9% (/ ('$'(% ,(04*$/$% N 4$+#(/,(% +9/ <@ (/ -$ $'9-(%+(/+#$ +9/ 0(/9* 1*(+"(/+#$7
?@A!BCDE@=F
\\q o J#/1$'(/94$,.$ [Om>\\q o ?$,9% +-./#+9% '( 1$*#/8#,#% (/ Y[m[>q7 D( 3$ '9+"0(/,$'9 -9% 09,#V9% '( +9/%"-,$ 49* (- +"$- -9% 4$+#(/,(% +9/ <@ $+"'(/ $-
\ $r9% '( ('$' %#/,90i,#+9%c %( 3$ 9:%(*V$'9 p"( $'(0i% '( -$ ,*#$'$c -9% 4$+#(/,(% 4*(%(/,$/ (%4-(/90(8$-#$ (/,*( (T\q mZTq N 3(4$,90(8$-#$ (/ ZLmaZ7Tq7 =9/ 4*('90#/#9 '( (%4-(/90(8$-#$ (/ $'9-(%+(/,(% N $'"-,9% kMV(/(% %9:*( -$ 3(4$,90(8$-#$7 )9* 9,*$ 4$*,(c $'(0i% '( -$ ,*#$'$c (/,*( -9% 0i% '( Z\ %#8/9% N %./,90$% '(%+*#,9% (/ 4$+#(/,(% +9/ <@ +904*9:$'$ '(%,$+$/ P %#8/9%2 o )(,(p"#$% (/ (- 4$-$'$* fT\ qg o A'(/94$,.$ #/8"#/$-c $'(/94$,.$ $;#-$* N $'(/94$,.$ *(,*9$"*#+"-$*7
J$ -#/1$'(/94$,.$ 9:%(*V$'$c (/ -$ 0$N9*.$ '( +$%9%c #/V9-"+*$ -$% +$'(/$% +(*V#+$-(% 49%,(*#9*(%7 B#/8"/9 '( -9% %#8/9% N %./,90$% 49* %# %9-9 (% -9 %"1#+#(/,(0(/,( %(/%#:-( N (%4(+.1#+9 4$*$ (- '#$8/M%,#+9 +-./#+9 '( <@7 ?( -9 %#8/9% N %./,90$% (V$-"$'9% (/ 4$+#(/,(% +9/ <@c $p"(--9% +9/ 0$N9* %(/%#:#-#'$' %9/2 o Q$,#8$ f[Oqg o A'(/94$,.$ +(*V#+$- faZ qg J9% %#8/9% +9/ 0$N9* (%4(+#1#+#'$'c (/ 9*'(/ '(+*(+#(/,(c %9/2 o I%4-(/90(8$-#$ f[[qg o )(,(p"#$% (/ 4$-$'$* f[Tqg o $'(/94$,.$ $;#-$* f[>qg o $'(/94$,.$ +(*V#+$- 49%,(*#9* faZqg o ,(04(*$,"*$ +9*49*$‚ OZ7Tb= faPqg o $'(/94$,.$ #/8"#/$- faL qg7 I/ 4$+#(/,(% +9/ <@ -9% %#8/9% N %./,90$% ,#(/(/ -$ %#8"#(/,( 3#%,9*#$ /$,"*$-2 o J$ 1#(:*( 4(*%#%,( '"*$/,( >\m>P '.$%w %M-9 Lq N >q '( -9% +$%9% 4(*%#%,(/ +9/ 1#(:*( $ -9% L N Y 0(%(%c *(%4(+,#V$0(/,(7 o J#/1$'(/94$,.$ +(*V#+$- %( 0$/,#(/( (/ TTqc O[q N L[q $ >cLN Y 0(%(% '(%4"U% '(- '#$8/M%,#+9c *(%4(+,#V$0(/,(7 o ?$,9% '( 1$*#/8#,#% 4(*%#%,(/ (/ PZq N L>q '( -9% +$%9% $ >c L N Y 0(%(%c *(%4(+,#V$0(/,(7 o ?( $p"(--9% 4$+#(/,(% p"( 4*(%(/,$/ 3(4$,9(%4-(/90(8$-#$c U%,$ *(0#,( (/ -$ 0$N9*.$ '( -9% +$%9% $- 0(% '( (V9-"+#M/7 o J$% 4(,(p"#$% (/ 4$-$'$* '"*$/ (/,*( OmP '.$%7 o J$ 1$,#8$ (% (%./,90$ p"( ,#(/( "/$ *(0#%#M/ 0i% -(/,$7 o I- 0U'#+9 '( 4*#0(* +9/,$+,9 '(:( %9%4(+3$* <@ (/ $'9-(%+(/,(% N $'"-,9% kMV(/(%c 4$*,#+"-$*0(/,( (/ 8*"49% %9+#9(+9/M0#+9% :$k9% $/,( -$ ,*#$'$ '( 1#(:*(c -#/1$'(/94$,.$ N '$,9% +-./#+9% '( 1$*#/8#,#%7 o =9/%#'(*$* (/ -9% /#r9% z '( >\ $r9% '( ('$' +9/ -$ ,*#$'$ N %9%4(+3$ '( <@c 4"('(/ 4*(%(/,$* V#%+(*90(8$-#$% (%4-(/90(8$-#$ (/,*( (- T\q mZTq N 3(4$,90(8$-#$ (/ ZLmaZ7Tq7 =9/ 4*('90#/#9 '( (%4-(/90(8$-#$ (/ $'9-(%+(/,(% N $'"-,9% kMV(/(% %9:*( -$ 3(4$,90(8$-#$7 I/ ,9'9 4$+#(/,( $'9-(%+(/,( 9 $'"-,9 k9V(/ +"N9 09,#V9 '( +9/%"-,$ (% '9-9* 1$*./8(9 N59 $0#8'$-#/9 0i% 1$,#8$ 9 1#(:*(c :"%+$* #/,(/+#9/$'$0(/,( -$ ,*#$'$ %#/'*90i,#+$ '( <@7 D# %( #/,(8*$ -$ ,*#$'$ %#/'*90$,#+$c -9 %#8"#(/,( (% 4*9+('(* $ "/$ (;4-9*$+#M/ '#*#8#'$ $ -$ :X%p"('$ '( %#8/9% $-,$0(/,( (%4(+.1#+9% ,$-(% +909 (%4-(/90(8$-#$ 9 3(4$,90(8$-#$ (/ 4$+#(/,(% z $ >\ $r9%c $'(/94$,.$ $;#-$*c $'(/94$,.$ #/8"#/$N 4(,(p"#$% (/ (- 4$-$'$*7 @/,(*4*(,$+#M/ '( -9% R$--$S89% =-./#+9%2 J$ ,*#$'$ %#/'*90i,#+$ 0i% -$ 4*(%(/+#$ '( +"$-p"#(*$ '( -9% %#8/9% $-,$0(/,( (%4(+.1#+9% %#8/#1#+$/2 49%#:#-#'$' (-(V$'$ f0$N9* +(*,#'"0:*(g '( p"( -$ (/1(*0('$' '(- 4$+#(/,( (% <@7 J$ Z\
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,04*(%(/+#$ '( -$ ,*#$'$ %#/'*90i,#+$ N $"%(/+#$ '( %#8/9% 1$-,$ '( *(-(V$/+#$ +-./#+$ (/ (- '#$8/M%,#+9 (,#9-M8#+9 '( $-,$0(/,( (%4(+.1#+9% %#8/#1#+$/2 49%#:#-#'$' :$k$ '( p"( -$ +(*,(S$7 (/1(*0('$' '(- 4$+#(/,( %($ <@c %#/ (0:$*89 /9 (-#0#/$ (J$ 1$*#/8#,#% +9/%,#,"N( 3$%,$ Yq '( ,9'$% -$% +9/%"-,$% '#$8/M%,#+9c 49* -9 p"( (/ ,9'9 4$+#(/,( +9/ -$ ,*#$'$ $0:"-$,9*#$%7 A-8"/9% $",9*(% %"8#(*(/ p"( -$% %#/'*90i,#+$ 4*9+('(* $ *($-#S$* :#90(,*.$ 3(0i,#+$ +$*$+,(*.%,#+$% +-./#+$% 4"('(/ %(* X,#-(% (/ '#1(*(/+#$* (/,*( +904-(,$7 -$% '#1(*(/,(% (,#9-98.$% '( -$ 1$*#/8#,#%c %#/ (0:$*89 -$ 8".$ '( I- +-./#+9 (/ (- (%,"'#9 '(- 4$+#(/,( +9/ 1$*#/8#,#% '(:( :"%+$* D@!B +9#/+#'( (/ -$ '#1#+"-,$' '( *($-#S$* (- '#$8/M%,#+9 '( #/,(/+#9/$'$0(/,( '$,9% $,.4#+9% p"( 1$V9*(S+$/ (+(*,(S$ 49* '$,9% +-./#+9%7 D( *(1#(*( p"( /9 (;#%,( 49* %# '#$8/M%,#+9 '( <@ +9092 o 3(4$,9(%4-(/90(8$-#$ +9/ /#V(-(% 0#%09 "/ %9-9 %#8/9 M %./,90$ X,#- 4$*$ '#1(*(/+#$* -$ '( $0#/9,*$/%1(*$%$% (-(V$'9% (/ -9% $'9-(%+(/,(% N $'"-,9% (,#9-98.$ (/,*( (%,*(4,9+9+9 :(,$ 3(09-.,#+9 N V#*$-7 kMV(/(%7 K/$ *(V#%#M/ %#%,(0i,#+$ '(09%,*M p"( -$ (%+$-$ '( =(/,9* J$% +904-#+$+#9/(% (/ 8(/(*$- %( 4*(%(/,$/ +9/ 0$N9* 4"('( $";#-#$* (/ -$ +$,(89*#S$+#M/ '(- *#(%89 4$*$ #/1(++#M/ 1*(+"(/+#$ (/ 4$+#(/,(% $'9-(%+(/,(% N $'"-,9% kMV(/(%7 49* (%,*(4,9+9+9 :(,$ 3(09-.,#+97 F:k(,#V$0(/,( -$ '#%+*#0#/$+#M/ (/,*( #/1(++#M/ 49* (%,*(4,9+9+9% '(- 8*"49 A I- 4*9/M%,#+9 '( -$ <@ (% 1$V9*$:-( (/ -$ 0$N9*.$ '( -9% +$%9%c N <@ (% *(-(V$/,(c N$ p"( -$ ,(*$4#$ $/,#0#+*9:#$/$ %( k"%,#1#+$ #/+-"N(/'9 $ -9% 4$+#(/,(% p"( 4*(%(/,$/ +904-#+$+#9/(% (/ -9% +$%9% '( 1$*#/8#,#% 49* (%,*(4,9+9+9%c 4$*$ -$ -(V(%2 o R(0$,9-M8#+$% (/ LT $ T\ q 2 $/(0#$ 3(09-.,#+$c 4*(V(/+#M/ '( -$ 1#(:*( *("0i,#+$c *('"++#M/ '( -$% ,*90:9+#,94(/#$c 4X*4"*$ ,*90:9+#,94U/#+$c %./'*90( +904-#+$+#9/(% %"4"*$,#V$% N '#%0#/"+#M/ '( -$ #/1(+,#V#'$'7 "*U0#+9 3(09-.,#+9 N +9$8"-$+#M/ #/,*$V$%+"-$* '#%(0#/$'$ o R(4$,#,#% $/#+,U*#+$ (/ T\ma\qc 3(4$,#,#% #+,U*#+$ Tq A/,( -$ %9%4(+3$ '( 1$*#/8#,#% (%,*(4,9+M+#+$ N '$,9% +-./#+9% o /("*9-M8#+$% (/ >mTq2 )$*i-#%#% '(- /(*V#9 1$+#$-c /("*#,#% #/'#%,#/8"#:-( '( <@c *$S9/$* +9/ :$%( $- '9-9* 1$*./8(9 N 4(*#1U*#+$c +(*(:(-#,#% N /("*#,#% M4,#+$7 8*"49 '( ('$'c 4*(V$-(/+#$ -9+$- N (%,$+#M/ 4$*$ -$ #'(/,#1#+$+#M/ '( 8*"49% '( *#(%89 4$*$ -$ 1$*#/8#,#% J$% +904-#+$+#9/(% $8"'$% N 8*$V(% +9/ *#(%89 '( 0"(*,(c %9/ (%,*(4,9+M+#+$7 I- '#$8/M%,#+9 %( %9%4(+3$ $/,( '$,9% 49+9 1*(+"(/,(%c (/,*( (--$%2 o *"4,"*$ (%4-U/#+$ f\7Tm>qg (4#'(0#9-M8#+9% N (;+-"%#M/ '( 9,*$% (,#9-98.$% #/1(++#9%$% o 9:%,*"++#M/ 8*$V( '( -$% V.$% *(%4#*$,9*#$% '(:#'9 $ 0i% 1*(+"(/,(% +9/ :$%( $ %#8/9% M %./,90$% (;+-"N(/,(% p"( 3#4(*4-$%#$ -#/19#'( N ('(0$ '( 0"+9%$% f>qg o %./'*90( 9*#(/,(/ $ 9,*$% (,#9-98.$%c +909 -9% %./,90$% V#*$-(% +-i%#+9%2 3(091$89+.,#+9 '(%(/+$'(/$'9 49* I^] o B("*9-M8#+$% (/ >m o 3#4(*(0#$ +9/k"/,#V$- o '#%19/.$ o X-+(*$% 1$*./8($% Tq2 D./'*90( '( !"#--$#/m^$**Uc 0(/#/89(/+(1$-#,#%c o '#$**($ o $'(/94$,.$ +(*V#+$- $/,(*#9* f-9+$-g7 0(/#/8#,#% $%U4,#+$c 0#(-#,#% ,*$/%V(*%$7 D( *(+9/9+( -$ ,$%$ '( 49*,$'9* 1$*./8(9 '( (%,*(4,9+9+9% (/ ?$'9 p"( 0$/#1(%,$+#9/(% ,$-(% +909 '9-9* $:'90#/$- N Tq $4*9;#0$'$0(/,(c -$ 1$--$ '( *(%4"(%,$ '( "/ 4$+#(/,( '#1#+"-,$' *(%4#*$,9*#$ (/ 4$+#(/,(% +9/ <@ %9/ #/1*(+"(/,(%c '#$8/9%,#+$'9 +9/ 1$*#/8#,#% (%,*(4,9+M+#+$ '(/,*9 '( -$% +9/%#'(*$*-9% %#8/9% '( $-$*0$ p"( 9*#(/,$/ $ +904-#+$+#9/(% 4*#0(*$% Pa $ ZL 39*$% %"8#(*( -$ 49%#:#-#'$' '( <@ N ((%4-U/#+$% 9 *(%4#*$,9*#$%7 ?( $+"(*'9 $ -$ 4*(V$-(/+#$ '( -$% ,*$/%49*,( #/+#'(/,$- '( (%,*(4,9+9+97 =9/%#%,(/,(0(/,( -$ +904-#+$+#9/(% %9%4(+3$* '( $-,(*$+#9/(% 3(0i,9-98#+$% N 8".$ @=D@ *(+90#(/'$ *((V$-"$+#M/ (/ -9% 4$+#(/,(% (/ 3(4i,#+$%7 ,*$,$0#(/,9 4$*$ 1$*#/8#,#% 49* (%,*(4,9+9+9 :(,$ 3(09-.,#+9 %#/ 0(k9*.$ $ -$% ZL3% +9/ :X%p"('$ '(2 o +904-#+$+#9/(% -9+$-(% :$+,(*#$/$% o $"%(/+#$ '( (%,$% %( '(:( +9/%#'(*$* -$ *($-#S$+#M/ '( 4*"(:$% '( (%+*",#/#9 4$*$ <@ +9/%#'(*$/'9 -$ ?@A!BCDE@=F ?@QIHIB=@AJ 49%#:#-#'$' '( /(8$,#V#'$' 49* (- ,#(049 '( (V9-"+#M/7 I- T\ $- a\q '( -$ 1$*#/8#,#% #/1(++#9%$ (% '( (,#9-98.$ V#*$-c #/+-"N(/'9 @/1-"(/S$c 3(*4(% V#*"% %#04-( N $'#+#9/$-0(/,( (/,*( (- > $- >\q '( -9% +$%9% 49* I^]7 I- 9*8$/#%09 :$+,(*#$/9 0i% 1*(+"(/,(0(/,( $#%-$'9 (% (%,*(4,9+9+9 :(,$ 3(09-.,#+9 *(%49/%$:-( (/,*( (- TmOYqw %" 0$N9* #/+#'(/+#$ (% (/,*( -9% T $ >T $r9% '( ('$'7 B9 (;#%,( (V#'(/+#$ p"( -$ 1$*#/8#,#% :$+,(*#$/$ ,(/8$ "/$ '"*$+#M/ '#1(*(/,( N 0$N9* %(V(*#'$' p"( 49* 9,*$% +$"%$%7 A-8"/$% 8".$% 4-$/,($/ -$
I- 0U'#+9 '( 4*#0(* +9/,$+,9 '(:( *(+9/9+(* +909 8*"49 '( 0$N9* *#(%89 $ -9% $'9-(%+(/,(% 9 $'"-,9% kMV(/(% +9/ ,*#$'$ +-i%#+$ 4$*$ *($-#S$* (- '#$8/M%,#+9 +-./#+9 '( <@c 49* (;+-"%#M/ '( 9,*$% (,#9-98.$% V#*$-(% N :$+,(*#$/$%7 A4*9;#0$'$0(/,( (- Tq $ >\q '( -9% +$%9% '( $4$*(/,( <@ %9/ I^]m/(8$,#V97 I- '#$8/M%,#+9 '#1(*(/+#$- +9/ (- %./'*90(% '( <@ #/+-"N(2 o #/1(++#M/ 4*#0$*#$ 49* (- V#*"% '( -$ Z>
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0#/0"/9'(1#+#(/+#$ 3"0$/$ f]@Rgc o #/1(++#M/ 49* V#*"% 3(*4(% J$ -9+$-#S$+#M/ '( -$ -#/1$'(/94$,.$ (% *(-(V$/,( '(:#'9 $ -$ Y fRR]mYg o #/1(++#M/ 49* +#,90(8$-9V#*"% o #/1(++#M/ 49* ,*$'"++#M/ (,#9-M8#+$c 49* (k(04-92 o !$/8-#9% 4$-4$:-(% $ E9;94-$%0$ 89/'## o @/1(++#M/ 49* A'(/9V#*"% o 3(4$,#,#% V#*$/#V(- +(*V#+$- $/,(*#9*c $;#-$* ( #/8"#/$-(% %9/ +90"/(% (/ -9% o 49%#:-(0(/,( V#*"% '( -$ *":U9-$ I/ -$ 4*i+,#+$ +-./#+$c -$ /#r9% %$/9%7 o I/ +9/,*$%,( -$ -#/1$'(/94$,.$ %"4*$+-$V#+"-$* $ +$"%$ '( -$ 0$N9*.$ '( -9% +$%9% '( I^]m/(8$,#V9 (/ <@ %#8"( 0(/"'9 *(1-(k$ (/1(*0('$' 0('#$%,#/$-c 49* -9 +"$- %( %#(/'9 '(%+9/9+#'$c '(:#'9 $- +9%,9 '( -$% 4*"(:$% '( +9/%#'(*$ 4$,9-M8#+9 (/ +"$-p"#(* 8*"49 '( ('$' 3$%,$ /9 +9/1#*0$+#M/ N -$ 1$-,$ '( *(-(V$/+#$ +-./#+$ 4$*$ '(,(*0#/$* -$ '(%+$*,$* -9 +9/,*$*#97 +$"%$ '( "/$ (/1(*0('$' $",9-#0#,$'$7 I- '#$8/M%,#+9 '#1(*(/+#$- '( -$ -#/1$'(/94$,.$ %( (V$-X$ '( I% /(+(%$*#9 +9/9+(* -$% (/,#'$'(% +-./#+$% p"( 4"('(/ $+"(*'9 $ -$% +$"%$% #/1(++#9%$% 0i% +90"/(% (/ /#r9%2 V#*$-c 0$/#1(%,$*%( +909 %./'*90( '( 09/9/"+-(9%#% #/1(++#9%$7 :$+,(*#$/$ 9 0#+9 :$+,(*#$%7 I- ,#(049 '( (V9-"+#M/ (% #049*,$/,(c 49* (k(04-9 -$ -#/1$'(/#,#% :#-$,(*$- $8"'$ (% 0i% I/ (0:$*$S$'$% +9/ '#$8/M%,#+9 '( <@ '(:#'9 $ -9% 1*(+"(/,( 49*2 o #/1(++#M/ '( -$% V.$% *(%4#*$,9*#$% %"4(*#9*(% *(%"-,$'9% $'V(*%9% 1(,$-(% $%9+#$'$% $ -$ #/1(++#M/ 4*#0$*#$ fV#*"% %#/+#,#$-c $'(/9V#*"%c #/1-"(/S$ V#*"%g7 J9% V#*"% p"( 49* =<] ( #/1(++#M/ 49* ,9;94-$%0$ '"*$/,( (- (0:$*$S9 N (,.4#+$0(/,( +$"%$/ -#/1$'(/94$,.$ 8(/(*$-#S$'$ %9/2 o ]#*"% *#(%89 '( ,*$/%0#%#M/ '( -$ 0$'*( $- /#r9 ]@Rc (V$-"$* -$ I4%,(#/ ^$** fI^]g N +#,90(8$-9V#*"% f=<]g -9% +"$-(% 4"('(/ *($-#S$+#M/ '( 4*"(:$% +9092 o $/,#+"(*49 4$*$ I^] 4*(%(/,$*%( +909 -#/1$'(/#,#% +(*V#+$- :#-$,(*$- $8"'$7 o $/,#+"(*49% 4$*$ =<] o %(*9-98.$ 4$*$ ]@R7 J$% (/1(*0('$'(% 0$-#8/$% %#(04*( '(:(/ '( %(* A/,( -$ %9%4(+3$ '( (0:$*$S9 +9/ <@ V$-9*$* -$ *($-#S$+#M/ +9/%#'(*$'$% '(/,*9 '(- '#$8/M%,#+9 '#1(*(/+#$- '( '( %(*9-98.$ 4$*$ I^]c =<] ( R@]7 -#/1$'(/94$,.$ (/ 4*(%(/+#$ '(2 o 8$/8-#9 -#/1i,#+9 +9/ $"0(/,9 '( ,$0$r9 p"( /9 *(%49/'( $- $/,##/1-$0$,9*#9 N59 J9% 4$+#(/,(% +9/ +"$'*9 +-./#+9 '( <@c +9/ 1#(:*( (-(V$'$c $/,#:#M,#+9 f1$--$ ,(*$4U",#+$g 9 (/ (- +$%9 '( (V9-"+#M/ $-,(*$+#M/ (/ :#90(,*.$ 3(0i,#+$2 -("+9+#,9%#% 9 -("+94(/#$ ,M*4#'$ 49* $"0(/,9 '( ,$0$r9 9 +9/ 0$/#1(%,$+#9/(% '( +9/ 4-$p"(,94(/#$ '( 09'(*$'$ $ %(V(*$ 9 3$--$S89% '( (/1(*0('$' %#%,U0#+$7 $/(0#$ 3(09-.,#+$ %9%4(+3$* (- '#$8/M%,#+9 '( -("+(0#$7 I- 4*9+(%9 '( '#$8/M%,#+9 4$*$ '#%,#/8"#* -$ -#/1$'(/94$,.$ :(/#8/$% '( -$% 0$-#8/$% %( (/19+$ #/#+#$-0(/,( +9/ -$ 9:,(/+#M/ '( 3#%,9*#$ +-./#+$ N (;$0(/ 1.%#+9 +904-(,9%7 J$ 3#%,9*#$ '(:( #/+-"#*2 o '"*$+#M/ N %./,90$% $%9+#$'9%c o #/1(++#9/(% -9+$-#S$'$% *(+#(/,( o -(%#9/(% (/ 4#(-c ,*$"0$,#%09%c $*$r$S9% 9 09*'('"*$% '( $/#0$-(% o #/8(%,$ '( 0('#+$0(/,9% I- (;$0(/ 1.%#+9 '(:( #/+-"#*2 o ":#+$+#M/ '( -$ -#/1$'(/94$,.$ o ,$0$r9 N +$*$+,(*.%,#+$% '( -9% 8$/8-#9% -#/1i,#+9% o F,*9% 3$--$S89% 1.%#+9%2 3(4$,9 (%4-(/90(8$-#$c 4(,(p"#$% 9 3(0$,90$% N %#8/9% '( (/1(*0('$' %#%,U0#+$7 ?(,(*0#/$* %# (- 4*9+(%9 (% $8"'9 9 +*M/#+9 N %# -$ -#/1$'(/94$,.$ (% -9+$-#S$'$ 9 '#1"%$ +909 4"/,9% p"( '#%+*#0#/$/ (- ,*$:$k9 '#$8/M%,#+97 J$ -#/1$'(/94$,.$ 4"('( %(* 0$/#1(%,$+#M/ '( (/1(*0('$' #/1(++#9%$c /9 #/1(++#9%$ 9 0$-#8/#'$'w -9 4*#0(*9 (% 0i% 1*(+"(/,(7 J$ 0$N9*.$ '( -9% 4$+#(/,(% +9/ -#/1$'(/94$,.$ 4(*#1U*#+$ (/ (- 4*#0(* /#V(- '( $,(/+#M/ 0U'#+$c -$ (,#9-98.$ (% :(/#8/$ N $",9-#0#,$'$7 K/ (%,"'#9 *(,*9%4(+,#V9 (/ 4$+#(/,(% +9/ -#/1$'(/94$,.$ #/(;4-#+$:-(c (%,#0M "/$ 4*(V$-(/+#$ :$k$ '( 0$-#8/#'$' '(- >7>q7 I- 4"/,9 +*.,#+9 (% '(1#/#* -$% +$*$+,(*.%,#+$% /9*0$-(% '(- 8$/8-#9 -#/1i,#+9 N +9/ :$%( (/ (%,9c '#%,#/8"#* %" 4*9:$:-( (,#9-98.$2 :(/#8/$ 9 0$-#8/$7
I/ "/ $/i-#%#% +-./#+9 '( O $r9% (/ E"*p".$c %( (%,"'#M $ >LY 4$+#(/,(% +9/ -#/1$'(/94$,.$ 49* 4$*,( '(- %(*V#+#9 '( F/+9-98.$ )('#i,*#+$c +9/ -9% %#8"#(/,(% *(%"-,$'9%2 o LLq 1"(*9/ (/1(*0('$'(% /9 $%9+#$'$% $ 8$/8-#9% -#/1i,#+9% o ?( -$% (/1(*0('$'(% p"( *(%"-,$*9/ '( (,#9-98.$ 8$/8-#9/$*c ZYq +9**(%49/'#(*9/ $ 4$,9-98.$ :(/#8/$2 3#4(*4-$%#$ -#/19#'( *($+,#V$ 49* #/1(++#9/(% -9+$-(% 9 %#%,U0#+$% 49* 09/9/"+-(9%#% #/1(++#9%$c +#,90(8$-9V#*"% 9 ,9;94-$%0$c N %#/ '#$8/M%,#+9 >>q7 I- LOq '( -9% +$%9% +9/ -#/1$'(/#,#% %(+"/'$*#$ $ ,":(*+"-9%#% 9 #/(%4(+.1#+$ o <$-#8/$% *(%"-,$*9/ (- LOq '(- ,9,$-c +9/ '#$8/M%,#+9 0i% 1*(+"(/,( JBR7 =9/%#'(*$* 1$--$ $- ,*$,$0#(/,9 $/,##/1-$0$,9*#9 N $/,#0#+*9:#$/9 %# 4*(%(/,$ -$% %#8"#(/,(% +$*$+,(*.%,#+$% +-./#+$%2 o !$/8-#9% p"( /9 *(8*(%(/ $ %" ,$0$r9 49%,(*#9* $ >P '.$% '( ,*$,$0#(/,9 $/,#:#M,#+9 N $/,##/1-$0$,9*#9 o !$/8-#9% +9/ $"0(/,9 '( V9-"0(/ '"*$/,( ,*$,$0#(/,9 $/,#0#+*9:#$/9 N $/,##/1-$0$,9*#97 I/ -9% 4$+#(/,(% +9/ -#/1$'(/94$,.$ %( +9/%#'(*$ p"( -$ (,#9-98.$ :(/#8/$ (% -$ 0i% 1*(+"(/,(2 *($+,#V$ N (%4(+.1#+$ $ #/1(++#9/(%c 49* -9 p"( (% /(+(%$*#9 -$ (V$-"$+#M/ 49* 0('#9 '(2 o 3#%,9*#$ +-./#+$c (;$0(/ 1.%#+9 Nc (/ $-8"/9% +#*+"/%,$/+#$%c +#(*,$% 4*"(:$% '( -$:9*$,9*#9 (%4(+.1#+$% 4$*$ +9/1#*0$* -$ %9%4(+3$ '#$8/M%,#+$c 49* (k(04-92 o 09/9/"+-(9%#% #/1(++#9%$ o %$*+9#'#9%#% o ,":(*+"-9%#%7 ZL
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0$-8"/9% +$%9% 3$%,$ Y %(0$/$%7 =$:( %(r$-$* p"( (/ %" I- 0U'#+9 '( 4*#0(* +9/,$+,9 (/ (- 4*#0(* /#V(- '( $,(/+#M/ '(:( *(+9/9+(* p"( -9% /#r9% +9/ -#/1$'(/94$,.$c -$ +$"%$ 0$N9*.$ (%,9% -#/19+#,9% (/ %$/8*( 4(*#1U*#+$ %9/ -#/19+#,9% E 4*#/+#4$- (% #/1(++#9%9 N $",9-#0#,$'$7 D( %"8#(*( 91*(+(* "/$ =?a 0$'"*9% +9/ 1"/+#M/ %"4*(%9*$ 9 +#,9,M;#+$c -$ 0$N9*.$ 4*"(:$ ,(*$4U",#+$ f$/,#0#+*9:#$/9 N $/,##/1-$0$,9*#9g (/ -9% '( (--9% '#*#8#'9% +9/,*$ -$% +U-"-$% ^ #/1(+,$'$% 49* (- 0#%09 /#r9% +9/ -#/1$'(/94$,.$ N $"%(/+#$ '( '$,9% '( 0$-#8/#'$'7 I^]7 F,*$% $-,(*$+#9/(% p"( 4"('(/ (/+9/,*$*%( (/ -$ ^R %9/2 D( '(:( 4*(%,$* (%4(+#$- $,(/+#M/ (/ +$%9 '( 1$--$ $,*90:9+#,94(/#$ (/ LTmT\q '( -9% 4$+#(/,(%7 ,*$,$0#(/,9 N '( (V9-"+#M/ #/%#'#9%$c '$,9% '( 0$-#8/#'$' I/ "/$ +939*,( %( (V$-"M (- ./'#+( -#/19+#,9% f4*(%(/+#$ '( %./,90$% ^ N -9+$-#S$+#M/ %"4*$+-$V#+"-$*g $/,( ,9,$-(%5-("+9+#,9% ,9,$-(% N %( *(49*,M v $ \7OT "/$ (%,9% *(1(*#* $ ,(*+(* /#V(- '( $,(/+#M/ 4$*$ %" $:9*'$k( %(/%#:#-#'$' '(- aPq N "/$ (%4(+#1#+#'$' '(- ZL q 4$*$ ('#$8/M%,#+97 '#$8/M%,#+9 '( <@7
)HKI^AD ?@A!BCDE@=AD )9%,(*#9* $ %" *(4-#+$+#M/ #/#+#$- (/ -$ 1$*#/8(c (- I^] #/1(+,$ $ -9% -#/19+#,9% ^ $ ,*$VU% '( %" *(+(4,9* =?L>c '#%,*#:"NU/'9%( (/ ,9'9 (- %#%,(0$ -#/19*(,#+"-$*7 K/$ '( -$% +9/%(+"(/+#$% '( (%,( (V(/,9 %9/ -9% +$0:#9% p"( %( 4*9'"+(/ (/ -$ :#90(,*.$ 3(0i,#+$ f^Rg7 o J9% -#/19+#,9% $,.4#+9% %9/ +U-"-$% +$*$+,(*.%,#+$% '( -$ <@c (/ %" 0$N9*.$ -#/19+#,9% =?a $+,#V$'9% (/ 19*0$ 49-#+-9/$-c %#/ (0:$*89 4"('(/ (%,$* 4*(%(/,(% =?P +994(*$'9*(% N -#/19+#,9% E =?>> +9/ 1"/+#M/ '( +U-"-$% $%(%#/$%7 o J$% +$*$+,(*.%,#+$% 09*19-M8#+$% '( (%,9% -#/19+#,9% $,.4#+9% %9/2 #/+*(0(/,9 (/ (- ,$0$r9c /X+-(9% 8*$/'(% +9/ '#%0#/"+#M/ '( -$ *$SM/ /X+-(95+#,94-$%0$ N $4$*#(/+#$ '( 0(/9* '(/%#'$' '(- /X+-(9 (/ +904$*$+#M/ +9/ -9% -#/19+#,9% /9*0$-(%7 J9% ,*(% +*#,(*#9% +-i%#+9% '( -$:9*$,9*#9 4$*$ -$ +9/1#*0$+#M/ '( 09/9/"+-(9%#% #/1(++#9%$ %9/2 o J#/19+#,9%#% o 4*(%(/+#$ '( -#/19+#,9% $,.4#+9% (/ f‚>\qg o 4*"(:$ %(*9-M8#+$ 49%#,#V$ 4$*$ I^] I/ "/ 4$+#(/,( +9/ '$,9% +-./#+9% %"8(%,#V9% '( <@c -$ 4*(%(/+#$ '( 0$N9* 49*+(/,$k( '( -#/19+#,9% $,.4#+9% #/+*(0(/,$ -$ 4*9:$:#-#'$' '( #/1(++#M/ 49* I^]7 D#/ (0:$*89 +"$/'9 %( $%9+#$ -#/19+#,9%#% v T\q +9/ -$ 4*(%(/+#$ '( v >\q '( -#/19+#,9% $,.4#+9% -$ %(/%#:#-#'$' (% '( Y>q +9/ (%4(+#1#+#'$' f[Tqg 4$*$ (- '#$8/M%,#+9 '( #/1(++#M/ 49* (%,( V#*"%7 D( *(49*,$ (/,*( (- P\ $ Z\q '( -9% #/'#V#'"9% +9/ <@ 4*(%(/,$/ +#1*$% '( -("+9+#,9% (/,*( >\ N L\ 0#-500Oc -$ +"$4"('( #/+*(0(/,$*%( 3$%,$ LT 0#- +U-"-$%500O (/ -$% %(8"/'$ %(0$/$ '( -$ (/1(*0('$'c %#(/'9 "/ 1(/M0(/9 +90X/ (/ 4$+#(/,(% 0(/9*(% '( L $r9%7 I/ "/ :$k9 49*+(/,$k( 4"('( 4*(%(/,$*%( -("+94(/#$7 I/ -9% 4$+#(/,(% +9/ <@c -$ -#/19+#,9%#% %( 4*(%(/,$ $4*9;#0$'$0(/,( (/,*( a\m [\q '( -9% 4$+#(/,(% N (% +90X/ (/+9/,*$*-$ ‚T\q N -9% -#/19+#,9% $,.4#+9% ‚>\q (/ (- *(49*,( '( -$ ^#90(,*.$ 3(0i,#+$c #/+*(0(/,i/'9%( #/+-"%9 '#+39 49*+(/,$k( (/ -$ %(8"/'$ N ,(*+(*$ %(0$/$ '( -$ (/1(*0('$'c +9/ '"*$+#M/ (/
I/ 4$+#(/,( +9/ %9%4(+3$ +-./#+$ '( <@c '(:( %9-#+#,$*%( ^R +904-(,$c +9/ '(,(*0#/$+#M/ '( -#/19+#,9% $,.4#+9% N :X%p"('$ '( -#/19+#,9%#% 4$*$ (- #/+*(0(/,9 '( 4*9:$:#-#'$' '( <@c $%. +909 (- +i-+"-9 '(- ./'#+( J#/19+#,9% ,9,$-(%5-("+9+#,9% ,9,$-(%7 J$ #/1(++#M/ 49* I^] #/'"+( -$ 19*0$+#M/ '( $/,#+"(*49% (%4(+.1#+9% N /9 (%4(+.1#+9% (/ "/ #/'#V#'"97 J9% $/,#+"(*49% /9 (%4(+.1#+9%c '(/90#/$'9% 3(,(*M1#-9%c %9/ 4*9'"+#'9% 49* -$ $+,#V$+#M/ 49-#+-9/$- '( -#/19+#,9% ^ #/1(+,$'9% N /9 (%,i/ '#*#8#'9% +9/,*$ (- I^]c %#/ (0:$*89 *($++#9/$/ +9/ $/,.8(/9% p"( %( (/+"(/,*$/ (/ (*#,*9+#,9% '( 9,*$% (%4(+#(% $/#0$-(% --(V$/'9 $ %" $8-",#/$+#M/7 I%,$ +$4$+#'$' '( $8-",#/$+#M/ (% ",#-#S$'$ (/ -$ *($++#M/ '(/90#/$'$ '( )$"-m^"//(--c p"( '(,(*0#/$ $/,#+"(*49% 3(,(*M1#-9% $ 4$*,#* '( -$ L %(0$/$ '( -$ #/1(++#M/7 I- /#V(- 0i;#09 '( $/,#+"(*49% (% '(,(+,$'9 49* (%,$ ,U+/#+$ $ -$ Y$ %(0$/$ N /#V(-(% :$k9% 3$%,$ "/ $r9 49%,(*#9* $ -$ #/1(++#M/ 4*#0$*#$7 A+,"$-0(/,( (;#%,(/ '(,(*0#/$+#9/(% +"$/,#,$,#V$% f$8-",#/$+#M/ '( (*#,*9+#,9% '( +$*/(*9 +9/ '#-"+#M/ (/ ,":9g -$% +"$-(% ,#(/(/ "/$ %(/%#:#-#'$' '(- aTq N (%4(+#1#+#'$' '(>\\q7 J$% 4*"(:$% +"$-#,$,#V$% *i4#'$% f<9/9%49, N <9/9,(%,g 4*(%(/,$/ "/$ %(/%#:#-#'$' -#8(*$0(/,( 0(/9*7 ?(4(/'#(/'9 '( -$ ,U+/#+$ '( '#-"+#M/c ,.,"-9% 0$N9*(% '( >2P\ 9 >2La %( +9/%#'(*$/ +909 49%#,#V9%c %#/ (0:$*892 o %9-9 (- >\mO\q '( -9% /#r9% z '( L $r9% '(%$**9--$/ $/,#+"(*49% 3(,(*M1#-9% '"*$/,( -$ 4*#09#/1(++#M/ o N T\mZTq '( -9% /#r9% '( LmP $r9% '(%$**9--$/ $/,#+"(*49% 3(,(*M1#-9% '"*$/,( -$ 4*#09#/1(++#M/7 I/ 4$+#(/,( +9/ %9%4(+3$ +-./#+$ '( <@ +9/ ^R +9/ -#/19+#,9%#% N -#/19+#,9% $,.4#+9% %9-#+#,$* 4*"(:$ %(*9-M8#+$ 4$*$ I^]7 I% /(+(%$*#9 +9/%#'(*$* p"( '(:#'9 $ -$ V$*#$:#-#'$' '( 4*(%(/+#$ '( $/,#+"(*49% 3(,(*M1#-9% f4*"(:$% +"$-#,$,#V$% *i4#'$%2 <9/9%49, N <9/9,(%,g (/ -9% /#r9% z '( P $r9% "/ *(%"-,$'9 /(8$,#V9 /9 '(%+$*,$ <@7 ?#V(*%9% %#%,(0$% '( $/,#+"(*49% +9/,*$ '#1(*(/,(% $/,.8(/9% p"( 4"('(/ #/'#+$* "/ '(,(*0#/$'9 (%,$'#9 '( -$ #/1(++#M/7 ZO
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0o J9% $/,.8(/9% ,(04*$/9% fIAg %9/ 4*9'"+#'9% (/ -9% $/,#+"(*49% 3(,(*M1#-9%7 I/ (%,9% +$%9% '(:(*i '(,(*0#/$*%( (%,$'9% #/#+#$-(% '( -$ #/1(++#M/ -.,#+$ '(- V#*"%c $/,(% '( -$ @8< +9/,*$ (- $/,.8(/9 '( +i4%#'( f$/,#m]=Ag ( @8! +9/,*$ (%./,(%#% '(- ?BA7 o J9% $/,.8(/9% ,$*'.9% %9/ 4*9'"+#'9% 0#%09 $/,.8(/97 '(%4"U% '( -$ %./,(%#% '( ?BA ( #/+-"N(/ -9% $/,.8(/9% A/,( +"$'*9 +-./#+9 N 4*"(:$% '#$8/M%,#+$% %"8(%,#V$% +9/ +$4%"-$*(% f]=Ag p"( %9/ -$% 4*9,(./$% (%,*"+,"*$-(% '( -$ 4*"(:$ '( '(,(*0#/$+#M/ '( $/,#+"(*49% (%4(+.1#+9% 4$*$ I^] 0#%0$7 o ?"*$/,( -$ #/1(++#M/ -$,(/,( %9-9 49+9% $/,.8(/9% /(8$,#V9% N '"'$ '#$8/9%,#+$ +9/ '$,9% '( $-$*0$ M %9%4(+3$ %9/ 4*9'"+#'9% N (/,*( (--9% (- I^BA>7 D( 3$/ ",#-#S$'9 '( (,#9-98.$ '#1(*(/,( $ I^] '( -$ <@c (V$-"$* -$ *($-#S$+#M/ '( '#V(*%9% 19*0$,9% 4$*$ -$ #'(/,#1#+$+#M/ '( (%,9% $/,#+"(*49%c '(,(*0#/$+#M/ '( $/,#+"(*49% @8< ( @8! %#(/'9 -$ 0i% %(/%#:-( 3$%,$ (- 090(/,9 -$ #/0"/91-"9*(%+(/+#$ f@Qgc %#/ (0:$*89 -$ ,U+/#+$ '( IJ@DA H(+9/9+(* p"( /9 ,9'$% -$% "/#'$'(% '( $,(/+#M/ '#%49/(/ ,#(/( "/$ %(/%#:#-#'$' $'(+"$'$ 4$*$ -$ 0$N9*.$ '( -9% '( -$% 4*"(:$% 4$*$ -$ '(,(*0#/$+#M/ '( $/,#+"(*49% $/,#+"(*49% f[\qg N (%4(+#1#+#'$' f[Tqgc -9 +"$- 4(*0#,( "/$ (%4(+.1#+9% 4$*$ I^]7 I- (p"#49 *(+90(/'$'9 (/ -$ -#,(*$,"*$ '(,(*0#/$+#M/ *i4#'$ 4$*$ "/ 0$N9* /X0(*9 '( 0"(%,*$%7 4$*$ #/V(%,#8$* $/,#+"(*49% 3(,(*M1#-9% '( -$ <@c 49* (0U,9'9 '( $8-",#/$+#M/ (/ 4-$+$2 Q*$%+9 +9/ > 0-7 Q*$%+9 +9/ J$ #/1(++#M/ $8"'$ 49* I^] (% +$*$+,(*#S$'$ 49* "/ L 0-7 HE=7 ?#%49/#:-( (/ $-8"/$% "/#'$'(% '( L9 /#V(-7 #/+*(0(/,9 *i4#'9 (/ -9% $/,#+"(*49% '#*#8#'9% +9/,*$ ]=A7 J$ I4%,(#/m^$**7 ?(,(*0#/$+#M/ 49* ,U+/#+$ #/0"/9 (/S#0i,#+$ (-(V$+#M/ '( @8< (% 4*#0$*#$ 4(*9 8(/(*$-0(/,( ,*$/%#,9*#$c '( $/,#+"(*49% @8!7 )$*$ 0./#09 [Y 4*"(:$%7 HE=7 ?#%49/#:-( '(,(+,i/'9%( "%"$-0(/,( 49* P %(0$/$% 4(*9 4"('( (/ $-8"/$% O(* /#V(-7 I4%,(#/m^$**7 ?(,(*0#/$+#M/ 49* ,U+/#+$ 4(*'"*$* 3$%,$ 49* O 0(%(%7 J$ '(,(*0#/$+#M/ '( @8
EHAEA<@IBEF A-8"/9% $",9*(% 49* +9/%(/%9 '( (;4(*,9% *(+90#(/'$/ (,*$,$0#(/,9 %#/,90i,#+9 '( -$ <@2 o <$/,(/(* 3#'*$,$+#M/ $'(+"$'$ o A/,#m#/1-$0$,9*#9% /9 (%,(*9#'(9%2 @:"4*91(/ 9 4$*$+(,$09-7 I%,9% 0('#+$0(/,9% %9/ (1#+$+(%c :#(/ ,9-(*$'9% N %(8"*9% 4$*$ (- ,*$,$0#(/,9 '( Q#(:*( N '9-9* (/ B#r9% N A'"-,9%7 o E(/(* 4*(+$"+#M/ N (V#,$* (- "%9 '( ADA (/ /#r9% 49* (- *#(%89 '( D./'*90( '( H(N(7
I/ $'"-,9% 9 /#r9% v '( >\ $r9%c +9/ '$,9% +-./#+9% %"8(%,#V9% N -$:9*$,9*#9 +904$,#:-(% +9/ <@2 ^R +9/ -#/19+#,9% vT\qc >\ q '( -#/19+#,9% $,.4#+9%c '(:( *($-#S$*%( "/$ '(,(*0#/$+#M/ '( $/,#+"(*49% 3(,(*M1#-9% f+"$/,#,$,#V$ 9 +"$-#,$,#V$ *i4#'$2 <9/9 %49, 9 <9/9 ,(%,g7 I/ +$%9 '( %(* 49%#,#V$ %( (%,$:-(+( (- '#$8/M%,#+9 '( <@ 49* I^] N /9 %( *(p"#(*(/ 9,*$ 4*"(:$ '#$8/M%,#+$7 I/ +$%9 '( *(%"-,$* /(8$,#V$ '(:(*i *($-#S$*%( :X%p"('$ '( $/,#+"(*49% (%4(+.1#+9%7
J$% *(+90(/'$+#9/(% 8(/(*$-(% 4$*$ (- 0$/(k9 '( 4$+#(/,(% +9/ <@ %9/ 2 o @/19*0$* $ 4$+#(/,(% N59 1$0#-#$*(% $+(*+$ '( ?AEFD ?I AJAH
0(% $ 4$*,#* '(- '#$8/M%,#+9 o H(49%9 *(-$,#V97 o IV#,$* $+,#V#'$'(% '( *#(%89 4$*$ +$.'$% ,$-(% +909 +#+-#%097 o B9 4*(%+*#:#* $/,#:#M,#+9%c (%4(+#$-0(/,( A04#+#-#/$ N A09;#+#-#/$c N (/ 8(/(*$- ,9'9% -9% :(,$m-$+,i0#+9%7 =9/%#'(*$* p"( -9% 4$+#(/,(% +9/ <@ p"( *(+#:(/ (%,( ,#49 '( $/,#:#M,#+9% %( +904-#+$/ +9/ (;$/,(0$7
J$ '(,(*0#/$+#M/ '( $/,#+"(*49% (%4(+.1#+9% '(:(*i *($-#S$*%( (/ ,9'9% -9% /#r9% z '( >\ $r9% p"( ,(/8$/ "/ +"$'*9 +-./#+9 +904$,#:-( +9/ <@ N $-,(*$+#9/(% '( -$:9*$,9*#9 %"8(%,#V$%7 A%#0#%09 (/ -9% $'"-,9% +9/ +"$'*9 +-./#+9 %"8(%,#V9 N p"( ,(/8$/ "/$ '(,(*0#/$+#M/ /(8$,#V$ '(
I- 0U'#+9 ,*$,$/,( '( "/ 4$+#(/,( +9/ <@ '(:( #/'#V#'"$-#S$* N '( %(* /(+(%$*#9 0$/(k$* (- '9-9* +9/ $/,##/1-$0$,9*#9% /9 (%,(*9#'(9% +909 (- 4$*$+(,$09- $ '9%#% '( >\ $ >T08 49* |#-9 49* ,90$c O V(+(% $- '.$7 H($-#S$* 3#/+$4#U (/ -9% '$,9% '( $-$*0$ 4$*$ "/$ $,(/+#M/ 949*,"/$ N *(49%9 (V#,$/'9 ZP
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0'(49*,(% '( +9/,$+,9 9 '( *#(%897 B9 (%,i #/'#+$'9 (- "%9 '( (/+"(/,*$/ $4*9:$'9% 49* $8(/+#$% *(8"-$,9*#$%7 D#/ :(,$m-$+,i0#+9% /# ADA7 (0:$*89 -9% +"*%9% +9*,9% fL %(0$/$%g '( +9*,#+9(%,(*9#'(% %( 3$/ #/'#+$'9 4$*$ $-8"/$% +904-#+$+#9/(% (%4(+.1#+$% '( ?(/,*9 '(- ,*$,$0#(/,9 $/,#V#*$-c (- $+#+-9V#* (% "/$ '*98$ p"( <@7 J$% #/'#+$+#9/(% 4$*$ %" "%9 #/+-"N(/ 9:%,*"++#M/ '( V.$ #/3#:( -$ %./,(%#% '( ?BA V#*$- (/ 19*0$ +904(,#,#V$c $-8"/9% $U*($c ,*90:9+#,94(/#$ +904-#+$'$ +9/ %$/8*$'9c $/(0#$ '( -9% V#*"% '(- 8*"49 3(*4(% %9/ %(/%#:-(% N %" 3(09-.,#+$ $",9#/0"/( N 0(/#/8#,#%7 K/ *U8#0(/ $'0#/#%,*$+#M/ -#0#,$ %" +"$'*9 +-./#+97 @/ V#,*9 -$ *(+90(/'$'9 (% 4*('/#%9/$ >085|5' f0i;#09 Y\085'g 9 "/ +9/+(/,*$+#M/ 0./#0$ #/3#:#,9*#$ 4$*$ I^] (% >\ $ a\ V(+(% +9*,#+9%,(*9#'( (p"#V$-(/,( 49* Z '.$% %(8"#'9 '( "/ *U8#0(/ 0$N9* p"( -$ *(p"(*#'$ 4$*$ #/3#:#* -$ *(4-#+$+#M/ '( R(*4(% '( '#%0#/"+#M/ 8*$'"$- 9,*9% Z '.$%7 I/ *(-$+#M/ $ -9% (1(+,9% %#04-( ,#49 >7 %(+"/'$*#9% (/ #/0"/9%"4*(%#M/ ( #/1(++#M/ V#*$- p"( 4"'#(*$ #04-#+$* +904-#+$+#9/(% 9/+98U/#+$%c -9% (%,(*9#'(% /9 '(:(/ ?( -9% (/%$N9% +-./#+9% +9/,*9-$'9% N "/ 0(,$/i-#%#% (/ %(* "%$'9% *",#/$*#$0(/,( (/ +$%9% '( <@ /9 +904-#+$'$7 4$+#(/,(% +9/ <@c 4"('(/ 9:,(/(*%( ,*(% +9/+-"%#9/(%2 o I$+#+-9V#* /9 3$ '(09%,*$'9 "/ #04$+,9 +-./#+9 %#8/#1#+$,#V9c (% ?#1(*(/,(% $",9*(% +9#/+#'(/ (/ *(+90(/'$* -9% '(+#* /9 (;#%,( $-,(*$+#M/ '(- +"*%9 +-./#+9 '( -$ (/1(*0('$'c +9*,#+9(%,(*9#'(% (/ :9-9% (/ +$%9 '( +904-#+$+#9/(%2 %#/ (0:$*89 (/ $-8"/9% (/1(*09% +9/ (/1(*0('$' 8*$V(c o 9:%,*"++#M/ '( V.$% $U*($% o $/(0#$ 3(09-.,#+$ o $1(+,$+#M/ +909 9:%,*"++#M/ '( -$ V.$ $U*($ -$ $'0#/#%,*$+#M/ '( 0#9+i*'#+$ 9 /("*9-M8#+$7 o /(",*94(/#$ N ,*90:9+#,94(/#$ (%,(*9#'(% N $+#+-9V#* 09%,*9 0(k9*.$ (V#'(/,(7 o J$ (;+*(+#M/ 8*$V(c 4*9-9/8$'$ 49* O %(0$/$%7 1$*./8($ '( 4$*,.+"-$% V#*$-(% %( *('"+( (/ 19*0$ %#8/#1#+$,#V$ $- 1#/$- '( '( -$ ,(*$4#$ +9/ $+#+-9V#*c %#/ (0:$*89 (%,$ D( 3$/ 4":-#+$'9 +$%9% +9/ ,*90:9+#,94(/#$ %(V(*$ #8"$- 9 (;+*(+#M/ %( *(#/#+#$ N (% %#0#-$* $ -9% 8*"49% +904$*$'9% $ -$ 0(/9* $ O\\\500O $%9+#$'$ $ <@c (- "%9 '( %(0$/$ '( 3$:(* ,(*0#/$'9 -$ ,(*$4#$7 o B9 (;#%,( +9*,#+9(%,(*9#'(% +9/ #/+*(0(/,9 4$"-$,#/9 '( %(0$/$% #/,(**"4+#M/ (/ (- '(%$**9--9 '( -$ *(%4"(%,$ #/0"/( +9/,*$ ($/,(% p"( #/+*(0(/,( -$ +"(/,$ 4-$p"(,$*#$ %9:*( I^] N 49* -9 ,$/,9 (/ -$ $",9-#0#,$+#M/ N (/ (- "%9 '( -9% O\c\\\500O7 D( 3$ ",#-#S$'9 @/0"/98-9:"-#/$ (/ +$%9% 0U,9'9% '#$8/M%,#+9%7 *(1*$+,$*#9% $ +9*,#+9(%,(*9#'(% N 4"-%9% '( 0(,#-4*('/#%9-9/$ (/ (%,$'9% +-./#+9% +9/ *#(%89 '( 0"(*,(7 I/ -9% 4$+#(/,(% +9/ <@ p"( +"*%(/ %#/ +904-#+$+#9/(% 9 '$,9% '( $-$*0$ /9 (% *(+90(/'$:-( (- ,*$,$0#(/,9 +9/ J$ (V#'(/+#$ (% #/%"1#+#(/,( 4$*$ *(+90(/'$* (- "%9 *",#/$*#9 $+#+-9V#*7 A"/p"( -$ (V#'(/+#$ +-./#+$ (% 49:*(c (/ -9% '( (%,(*9#'( ( #/0"/98-9:"-#/$ (/ 19*0$ $#%-$'$ M (/ 4$+#(/,(% +9/ <@ 8*$V(c p"( +"*%(/ +9/ 9:%,*"++#M/ '( -$ V.$ +9/k"/,9 +9/ $/,#V#*$- (/ -9% +$%9% '( <@7 D#/ (0:$*89 %" "%9 $U*($c (V$-"$* (- ,*$,$0#(/,9 +9/ (- "%9 +9/+90#,$/,( '( '(:( %(* #/'#V#'"$-#S$'9 '( $+"(*'9 $- *#(%89 '( 0"(*,( 49* $+#+-9V#* N (%,(*9#'(%7 I/ (%,9% (/%$N9% +-./#+9% 3$/ +904-#+$+#M/ '( <@ V(*%"% (1(+,9% %(+"/'$*#9%7 $'0#/#%,*$'9 $+#+-9V#* $ '9%#% '( >\ 085|85'9%#% O V(+(% $J9% 4"-%9% '( 0(,#-4*('/#%9-9/$ %( 3$/ "%$'9 (/ +$%9% '.$ 9 :#(/ a\\ 08 ].$ F*$-c T V(+(% $- '.$ 49* >\ '.$%7 *(1*$+,$*#9% 9 '(:#'9 $ -$ "*8(/+#$ '( "/ 3(09**$8#$ +9/ *#(%89 '( 0"(*,(7 H(+9*'$* p"( -$ /(",*94(/#$ N I;#%,(/ Z (/%$N9% +9/,*9-$'9% $-($,9*#9% fI=Ag p"( +904$*$*9/ -$ (1(+,#V#'$' '(- +9/,*9- '( %./,90$% +9/ 4-$p"(,94(/#$ $%9+#$'$ $ <@ %( *(+"4(*$/ "%"$-0(/,( '( (%,(*9#'( V(*%"% 4-$+(:9 " 9,*$ #/,(*V(/+#M/c (/ #/'#V#'"9% 19*0$ (%49/,i/($ (/ -9% 4*#0(*9% P $ Z '.$% 49* -9 p"( /9 '( ,9'$% -$% ('$'(% +9/ <@c -9% *(%"-,$'9% *(49*,$'9% %9/2 *(p"#(*( ,*$,$0#(/,97 o L (%,"'#9% #/'#+$*9/ :(/(1#+#9 '(- ,*$,$0#(/,9 +9/ (%,(*9#'(% V(*%"% 4-$+(:9 4$*$ (- '9-9* '( 8$*8$/,$ $ -$% >L 39*$%w %#/ (0:$*89 (%,( :(/(1#+#9 /9 1"( %9%,(/#'9c "/ =H@EIH@FD ?I HIQIHIB=@A (/%$N9 #/'#+9 :(/(1#+#9 0i% 4*9-9/8$'9 +"$/'9 (- (%,(*9#'( %( +90:#/$ +9/ "/ 1i*0$+9 $/,#V#*$-7 o A4$*(/,(0(/,( "/ D( '(:( +9/%#'(*$* (- 0$/(k9 $0:"-$,9*#9 (/ -9% )$+#(/,(% (/%$N9 #/'#+9 p"( -9% (%,(*9#'(% 49'*.$/ 0(k9*$* -$ +9/ '#$8/M%,#+9 '( <@ =-./#+9 ~ 0i% x09/9,(%,y 9 <9/9%49,y *(%9-"+#M/ '( -$ 1$,#8$ (/ $4*9;#0$'$0(/,( P %(0$/$%w %#/ 49%#,#V9 %#/ +904-#+$+#9/(% $8"'$% 8*$V(%7 o H(V#%#M/ (0:$*89c /9 (%,i +-$*9 %# (%,9 9+"**#M %M-9 9 (/ +90:#/$+#M/ <(/%"$- -9% 4*#0(*9% '9% 0(%(% '( (V9-"+#M/7 o H(V#%#M/ $+9/ "/ $/,#V#*$-7 o L (/%$N9% #/19*0$*9/ +904-#+$+#9/(% +"$*,9 N %(;,9 0(% '( (V9-"+#M/7 A-,$ '( -$ +9/%"-,$ (;,(*/$ 8*$V(% (/ 4$*,#+#4$/,(% '(- 8*"49 '( 0$/(k$'9 +9/ (%,(*9#'(7 '(%4"U% '( -$ X-,#0$ *(V#%#M/ $- %(;,9 0(% '( (V9-"+#M/7 B9 (;#%,(/ (V#'(/+#$ 4":-#+$'$ p"( 0"(%,*(/ (1#+$+#$ 4$*$ ("%9 '( (%,(*9#'( (/ -$% +904-#+$+#9/(% '( <@ N /9 %( ZT
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0E9'9 4$+#(/,( +9/ '#$8/M%,#+9 +-./#+9 '( <@ +9/ J#/19+#,9%#% N 4*(%(/+#$ '( -#/19+#,9% $,.4#+9% (/ -$ ^R '(:( (/V#$*%( $D(8"/'9 9 ,(*+(* /#V(- '( $,(/+#M/2 o ="$/'9 $ /#V(- -9+$- /9 '#%49/8$ '(- *(+"*%9 '#$8/M%,#+9 4*"(:$ p"( (V#'(/+#$ -$ 4*(%(/+#$ '( $/,#+"(*49% 3(,(*M1#-9% fx<9/9,(%,y 9 x<9/9%49,yg7 E9'9 4$+#(/,( z $ >\ $r9% '( ('$' +9/ '#$8/M%,#+9 +-./#+9 '( <@ +9/ J#/19+#,9%#% N -#/19+#,9% $,.4#+9% (/ -$ ^R '(:( (/V#$*%( $- D(8"/'9 9 ,(*+(* /#V(- '( $,(/+#M/ $/,( -$ 4*(%(/+#$ '( R(4$,9 } I%4-(/90(8$-#$7 I- 0U'#+9 '( 4*#0(* +9/,$+,9 '(:( +9/%#'(*$* p"( $/,( 0$/#1(%,$+#9/(% '( '9-9* $:'90#/$- N '#1#+"-,$' *(%4#*$,9*#$ (/ 4$+#(/,(% +9/ <@ +909 %#8/9% '( $-$*0$ 4$*$ +904-#+$+#9/(% (%4-U/#+$% 9 *(%4#*$,9*#$% (/V.9 $- %(*V#+#9 '( "*8(/+#$% '( %" R!s7 I% *(+90(/'$:-( (/ "/ 4$+#(/,( +9/ <@ +9/ +904-#+$+#9/(% $8"'$% +909 $-,(*$+#9/(% '( -$ +9$8"-$+#M/c 4*98*(%#M/ '( 3(4$,#,#%c 9 $/,( -$ 4*(%(/+#$ '( +904-#+$+#9/(% 8*$V(% 9 %#8/9% '( $-$*0$2 $:'90(/ $8"'9 " 9:%,*"++#M/ '( -$ V.$ $U*($ %"4(*#9*c %#/ #049*,$* %" ('$'c -$ R9%4#,$-#S$+#M/ 4$*$ 0$/(k9 N V#8#-$/+#$7 I- 0U'#+9 '( 4*#0(* +9/,$+,92 0U'#+9 1$0#-#$* N 4('#$,*$ $/,( -$ %9%4(+3$ '( (,#9-98.$ :(/#8/$ #/1(++#9%$ 49* <@ N 1$--$ $,*$,$0#(/,9 9 (V9-"+#M/ ,M*4#'$ N %#8/9% '( 49%#:-( 0$-#8/#'$' (/V.9 $ %(8"/'9 /#V(- '( $,(/+#M/ 4$*$ %" (V$-"$+#M/ +-./#+$ N +9/1#*0$+#M/ '#$8/M%,#+$ 9 '( '#$8/M%,#+9% '#1(*(/+#$-(%7
ZY
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0+9/ -$ #/,(/+#M/ '( (%,$:-(+(* "/ '#$8/M%,#+9 ,(04*$/9 N '(1#/#* "/ ,*$,$0#(/,9 (1#+$Sc %(8"*9 N (1(+,#V9c p"( +9/,*#:"N$ $ +9/,*9-$* -$ $+,#V#'$' '( -$ (/1(*0('$'c *(,*$%$* -$ 4*98*(%#M/ *$'#9-M8#+$ N 0(k9*$* -$ +$-#'$' '( V#'$c 1"/+#M/ N '(%(04(r9 -$:9*$- '( -9% 4$+#(/,(% ?(:#'9 $ p"( 3$%,$ "/ ,(*+#9 '( -9% 4$+#(/,(% +9/ 4%9*#$%#% 4*(%(/,$ $*,*#,#% 4%9*#i%#+$c %( '(:( *($-#S$* (V$-"$+#9/(% 4(*#M'#+$% +9/ -$ 1#/$-#'$' '( #'(/,#1#+$* -$ 4*(%(/+#$ '( $*,*#,#% 9 -(%#9/(% *$'#98*i1#+$%7 I;#%,( (V#'(/+#$ '( "/ #/+*(0(/,9 (/ (- *#(%89 '( #/+#'(/+#$ '( +909*:#-#'$' (/ 4$+#(/,(% +9/ 4%9*#$%#%c (%4(+.1#+$0(/,( "/ *#(%89 fFHg '( >7OO f@= [Tq >7LT } >7PLg 4$*$ '#$:(,(% 0(--#,"%c '( >7\[ f@= [Tq >7\T } >7>Pg 4$*$ 3#4(*,(/%#M/ $*,(*#$- %#%,U0#+$c '( >7>a f@= [Tq >7>P } >7LOg 4$*$ 9:(%#'$'c '( >7>Z f@= [Tq >7>> } >7LOg 4$*$ '#%-#4#'(0#$ N '( >7L> f@= [Tq >7>\ } >7OLg 4$*$ #/1$*,9 '(- 0#9+$*'#9 J9% 4$+#(/,(% +9/ 4%9*#$%#% %(V(*$ ,#(/(/ "/ *#(%89 fRHg '( O7>a f@= [Tq >7\> } [7[Zg 4$*$ (- '(%$**9--9 '( -#/190$ '( R9'8|#/{% N '( >\7ZT f@= [Tq O7a[ } L[7ZYg 4$*$ (- '(%$**9--9 '( -#/190$ +",i/(9 '( +U-"-$% E7 I/ ,9'9% -9% 4$+#(/,(% +9/ $*,*#,#% 4%9*#i%#+$ %( '(:( #/V(%,#8$* 1$+,9*(% '( *#(%89 '*)*$)$0 ,0+*$60$%' +$*'#9V$%+"-$*c '(4*(%#M/c $:"%9 '( $-+939- N /(94-$%#$%7 J$ (V$-"$+#M/ 0U'#+$ '( "/ 4$+#(/,( +9/ $*,*#,#% 4%9*#i%#+$ QA=EFHID ?I H@ID!F 09'(*$'$ $ %(V(*$c '(:( #/+-"#* '(,(*0#/$+#M/ $/"$- '(./'#+( '( 0$%$ +9*49*$-c '(,(++#M/ '( '#$:(,(% 0(--#,"%c J$ $*,*#,#% 4%9*#i%#+$ (% "/$ (/1(*0('$' #/1-$0$,9*#$c +*M/#+$c 3#4(*,(/%#M/ $*,(*#$- %#%,U0#+$ N '#%-#4#'(0#$7 I- 4*91(%#9/$(*9%#V$ N '(19*0$/,( $+904$r$'$ '( '(,(*#9*9 1"/+#9/$'( -$ %$-"' '(:( #'(/,#1#+$* N %"8(*#* $ -9% 4$+#(/,(% +9/ 4*98*(%#V9 J$ 4*(V$-(/+#$ (;$+,$ '( $*,*#,#% 4%9*#i%#+$ (% $*,*#,#% 4%9*#i%#+$ 09'#1#+$* 1$+,9*(% '( *#(%89 +$*'#9V$%+"-$* '(%+9/9+#'$7 A-8"/9% (%,"'#9% -$ *(49*,$/ (/,*( \7LTq N >q N $'94,$* +$0:#9% (/ (- (%,#-9 '( V#'$ f*($-#S$* (k(*+#+#9 '( D( (%,#0$ p"( 3$%,$ "/ O\q '( -9% 4$+#(/,(% +9/ 4%9*#$%#% 19*0$ *(8"-$*c %"%4(/'(* (- ,$:$p"#%09c 09'(*$* (- +9/%"09 4"('(/ '(%$**9--$* $*,*#,#% 4%9*#i%#+$7 I- *#(%89 '( '(%$**9--$* '( $-+939- N *('"+#* '( 4(%9g7 $*,*#,#%c %( #/+*(0(/,$ (/ 4$+#(/,(% +9/ 4%9*#$%#% p"( ,#(/(/ "/ 0$N9* ,#(049 '( (V9-"+#M/ '( -$ (/1(*0('$'c $4*9;#0$'$0(/,( T $ >\ $r9%7 J$ $*,*#,#% 4%9*#i%#+$ "%"$-0(/,( %( '#$8/9%,#+$ $r9% '(%4"U% '( p"( $4$*(+(/ -$% 0$/#1(%,$+#9/(% +",i/($% '( 4%9*#$%#%7 A-8"/9% (%,"'#9% *(1#(*(/ "/$ 4*(V$-(/+#$ V$*#$:-( '( Y $- PLq '( $*,*#,#% (/ 4$+#(/,(% +9/ 4%9*#$%#% I IV#'(/+#$ H(+90(/'$+#M/ €5H )"/,9 '( :"(/$ 4*i+,#+$ H I/ 4$+#(/,(% +9/ 4%9*#$%#%c -$% +$*$+,(*.%,#+$% +-./#+$% p"( %( $%9+#$/ +9/ #/+*(0(/,9 (/ (*#(%89 '( $*,*#,#% 4%9*#i%#+$ %9/2 -(%#9/(% (/ +"(*9 +$:(--"'9 fR$S$*' *$,#9 tRHu O7a[c @= [Tq L7>a m Y7[Pgc 4%9*#$%#% "/8"($fRH L7[Oc @= [Tq >7Ya } T7>Lg N -(%#9/(% #/,(*8-",($%54(*#$/$-(% fRH L7OTc @= [Tq >7OL } P7>[g I;#%,( (V#'(/+#$ '( p"( $ L '9% $r9% '( %(8"#0#(/,9c %( #'(/,#1#+$/ (*9%#9/(% 0('#$/,( *$'#98*$1.$ %#04-( (/ PZq '( -9% 4$+#(/,(% +9/ $*,*#,#% 4%9*#i%#+$7 J9% +*#,(*#9% '( +-$%#1#+$+#M/ 4$*$ $*,*#,#% 4%9*#i%#+$ f=AD)AHg 3$/ %#'9 V$-#'$'9% 4$*$ %" (04-(9 (/ 4$+#(/,(% +9/ %9%4(+3$ '( $*,*#,#% 4%9*#i%#+$7 E#(/(/ "/$ %(/%#:#-#'$' '( [>7Pq N (%4(+#1#+#'$' '( [a7Zq fV(* +"$'*9 @@g E9'9% -9% 4$+#(/,(% +9/ %9%4(+3$ '( $*,*#,#% 4%9*#i%#+$ '(:(/ %(* (V$-"$'9% 49* (- 0U'#+9 *("0$,M-989
EHAEA<@IBEF K/9 '( -9% 1"/'$0(/,9% 4$*$ (- (04-(9 '( $8(/,(% $/,#mEBQ (/ 4$+#(/,(% +9/ $*,*#,#% 4%9*#i%#+$c %( '(:( $ -$ #'(/,#1#+$+#M/ '( /#V(-(% (-(V$'9% '(- 1$+,9* '( /(+*9%#% ,"09*$- Ž (/ (-.p"#'9 %#/9V#$-c (/,(%#% N (/ -$ 4#(- '( (%,9% 4$+#(/,(% J$ $'0#/#%,*$+#M/ '( 1i*0$+9% $/,#mEBQ f(,$/(*+(4,c #/1-#;#0$: N $'$-#0"0$:g 3$/ '(09%,*$'9 (1#+$+#$ (/ (- +9/,*9- '( %#8/9% N %./,90$% '( $+,#V#'$' $*,#+"-$* N +",i/($c #/3#:#+#M/ '( -$ 4*98*(%#M/ '(- '$r9 (%,*"+,"*$- $%. +909 0(k9*.$ (/ -$ +$-#'$' '( V#'$ N (- (%,$'9 1"/+#9/$- '(- 4$+#(/,( J9% 1i*0$+9% $/,#mEBQ 3$/ '(09%,*$'9 "/ $'(+"$'9 4(*1#(1#+$+#$5,9;#+#'$' (/ +904$*$+#M/ +9/ -(1-"/90#'(c 9*9 N %"-1$%$-$S#/$ (/ (- ,*$,$0#(/,9 '( 4$+#(/,(% +9/ $*,*#,#% 4%9*#i%#+$ I;#%,( (V#'(/+#$ '( -$ (1#+$+#$ +-./#+$ N *$'#98*i1#+$ '( (,$/(*+(4,c #/1-#;#0$: N $'$-#0"0$: $ '9% $r9% '( %" ZZ
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0$'0#/#%,*$+#M/ (/ 4$+#(/,(% +9/ $*,*#,#% 4%9*#i%#+$ I- (04-(9 '( D3$*4 09'#1#+$'9 '( m\7L V(*%"% >7\c *(%4(+,#V$0(/,( f4z '( $8(/,(% $/,#mEBQ (%,i #/'#+$'9 (/ 4$+#(/,(% +9/ $*,*#,#% \7\\>g7 I/ $p"(--9% 4$+#(/,(% p"( *(+#:#(*9/ $'$-#0"0$: %( 4%9*#i%#+$ (/ p"#(/(% %( '9+"0(/,$ 1$--$ ,(*$4U",#+$ +9/ ('9+"0(/,M "/$ 0(k9*.$ (/ -$ 1"/+#M/ N +$-#'$' '( V#'$ f4z (04-(9 '( QAH
g J$ $'0#/#%,*$+#M/ '( $'$-#0"0$: f8*"49 >g V(*%"% EBQŽ '(:( ,(/(* "/ '#$8/M%,#+9 (%,$:-(+#'9 '( $*,*#,#% 4-$+(:9 f8*"49 Lg '"*$/,( LP %(0$/$%c '(09%,*M p"( [>q '( 4%9*#i%#+$ '( $+"(*'9 $ -9% +*#,(*#9% '( <9-- N *#83,c -9% 4$+#(/,(% '(- 8*"49 > /9 09%,*$*9/ 4*98*(%#M/ *$'#9-M8#+$ '9+"0(/,$* $+,#V#'$' N 1$--$ $ -$ ,(*$4U",#+$ 4*(V#$7 V(*%"% Z>7>q '(- 8*"49 4-$+(:9 I- (1(+,9 '( $'$-#0"0$: %9:*( (- +9/,*9- '( -$ 4*98*(%#M/ *$'#98*i1#+$ (% D( *(+90#(/'$ -$ $'0#/#%,*$+#M/ '( 1i*0$+9% $/,#mEBQ #/'(4(/'#(/,( '(- "%9 +9/+90#,$/,( '( 0(,9,*(;$,(7 f(,$/(*+(4,c #/1-#;#0$: N $'$-#0"0$:g (/ 4$+#(/,(% +9/ #/$'(+"$'$ *(%4"(%,$ $ ,*$,$0#(/,9 1$*0$+9-M8#+9 I% /(+(%$*#9 "/ %(8"#0#(/,9 $ -$*89 4-$S9 4$*$ -$ (V$-"$+#M/ +9/V(/+#9/$- 9 (%,i/'$* I%,i +9/,*$#/'#+$'9 (- "%9 '( ,(*$4#$ '( -9% '(%(/-$+(% +-./#+9% N *$'#98*i1#+9% I/ "/$ (;,(/%#M/ $ :#9-M8#+$ $/,(2 (0:$*$S9 9 -$+,$+#M/c #/1(++#M/ $+,#V$c $-,9 Pa %(0$/$% '(- (%,"'#9 A?I)Ec (/ (- p"( %( #/+-"N(*9/ LaT *#(%89 '( #/1(++#M/ fX-+(*$% +*M/#+$% (/ -$% 4#(*/$%c 3#%,9*#$ '( 4$+#(/,(%c %( (V$-"M -$ (1#+$+#$ f+-./#+$ N *$'#98*i1#+$g N -$ ,":(*+"-9%#%c $*,*#,#% %U4,#+$ (/ -9% >L 0(%(% 4*(V#9%c %(8"*#'$' '( $'$-#0"0$: f/ƒ >Oag V(*%"% 4-$+(:9 f/ƒ>PZg7 #/1(++#M/ '( "/$ $*,#+"-$+#M/ 4*9,U%#+$ (/ -9% >L 0(%(% J9% 4$+#(/,(% p"( *(+#:#(*9/ $'$-#0"0$: $-+$/S$*9/ "/$ 4*(V#9% 9 (/ +"$-p"#(* 090(/,9 %# -$ 4*M,(%#% 4(*0$/(+( (/ 0(k9*.$ (/ A=H L\ '(- TYqc A=H T\ '(- PPq N A=H Z\ '(- O\qc %" %#,#9c #/1(++#M/ 4"-09/$* *(+"**(/,( 9 4(*%#%,(/,( N 0#(/,*$% p"( -$ *(%4"(%,$ $ )AD@ T\c )AD@ ZTc )AD@ [\ N )AD@ ",#-#S$+#M/ '( +$,U,(* "*#/$*#9g #/%"1#+#(/+#$ +$*'#$+$ >\\c 1"( '( YZqc Taqc PYq N OOqc *(%4(+,#V$0(/,( !-$'0$/ +9/8(%,#V$ 8*$'9% O 9 P fB(6 G9*| R($*, A%%9+#$,#9/gc 3#%,9*#$ ?? N +9-%7c 9:%(*V$*9/ "/ 49*+(/,$k( '( *(%4"(%,$ 0$N9* '( '( -"4"% (*#,(0$,9%9 8(/(*$-#S$'9 9 (%+-(*9%#% 0X-,#4-( N A=H N (/ (- ./'#+( )AD@c (/ $p"(--9% 4$+#(/,(% p"( *(+#:#(*9/ (%,$'9 4*(0$-#8/9 9 0$-#8/9c %( (;+-"N(2 +$*+#/90$ '( $'$-#0"0$: N 0(,9,*(;$,( '( 19*0$ +9/k"/,$7 I% #049*,$/,( +U-"-$% :$%$-(%c /(94-$%#$% '#$8/9%,#+$'$% N ,*$,$'$% >\ $r9% '(%,$+$* p"( (%,$ '#1(*(/+#$ 1"( %#8/#1#+$,#V$ X/#+$0(/,( (/ $/,(%7 -$ (V$-"$+#M/ '( )AD@ T\ f4z \7\Tg =9/ *(%4(+,9 $ -$ 4*98*(%#M/ *$'#98*i1#+$ $ -$% Pa %(0$/$% '( ,*$,$0#(/,9c %( )*(V#9 $- #/#+#9 '( ,(*$4#$ +9/ :#9-M8#+9%c (% #/'#%4(/%$:-( 9:%(*VM p"( -9% 4$+#(/,(% p"( *(+#:#(*9/ $'$-#0"0$: ,(/(* -$% %#8"#(/,(% 4*(+$"+#9/(%2 ",#-#S$* "/ 0U,9'9 f>a7aq5>PPg V(*%"% 4-$+(:9 fT7Oq5>TLgc 4*(%(/,$*9/ "/$ $/,#+9/+(4,#V9 %(8"*9c (V#,$* %" (04-(9 $/,( #/1(++#M/ 49* (0(k9*.$ %"4(*#9* (/ (- %+9*( '( D3$*4 09'#1#+$'9c (% '(+#* V#*"% '( -$ #/0"/9'(1#+#(/+#$ 3"0$/$ f]@Rg 9 %./'*90( '( "/$ *('"++#M/ '(- %+9*( z m\7T f4z\7\\>g J$ $'0#/#%,*$+#M/ '( #/0"/9'(1#+#(/+#$ $'p"#*#'$ fD@?Ag N '(,(*0#/$+#M/ '( $'$-#0"0$: '"*$/,( Pa %(0$/$% 3$ '(09%,*$'9 "/ +9/,*9$/,#+"(*49% $/,#V$*#+(-$ $/,(% '( (04(S$* (- ,*$,$0#(/,97 DI %9%,(/#'9 '( -$ 4*98*(%#M/ *$'#98*i1#+$7 I- +$0:#9 4*90('#9 '(:( +9/%#'(*$* -$ V$+"/$+#M/ '( -9% 3(*0$/9% $/,(% '( '(%'( -$ :$%$- (/ (- %+9*( ,9,$- 09'#1#+$'9 '( D3$*4 (- 8*"49 (04(S$* (- ,*$,$0#(/,9 N -$ #/0"/#S$+#M/ 4$%#V$ (/ -9% p"( *(+#:#M $'$-#0"0$: 1"( '( \7> V(*%"% >7\ '(- 8*"49 +9/,$+,9% +9/ V$*#+(-$7 4-$+(:9 $ -$ %(0$/$ Pa f/ƒ>OOg !-$'0$/ ? N +9-%7c 49%,(*#9* $ "/ $/i-#%#% '( %":8*"49 (/ (- p"( (;+-"N(*9/ 4$+#(/,(% '( *$S$ /9 :-$/+$c 9:%(*V$*9/ 0$N9* 4*98*(%#M/ *$'#9-M8#+$ (/ 4$+#(/,(% p"( *(+#:(/ 4-$+(:9 N ,#(/(/ "/$ '(,(*0#/$+#M/ '( A?AJ@
L $ LP :#(/ ,9-(*$'$7 J9% 4*#/+#4$-(% (V(/,9% $'V(*%9% *(49*,$'9% (/ %(0$/$%c (% 0i% (1(+,#V$ p"( (- 4-$+(:9 (/ (- ,*$,$0#(/,9 '( LaT 4$+#(/,(% 1"(*9/2 #/1(++#M/ '( ,*$+,9 *(%4#*$,9*#9 $*,*#,#% 4%9*#i%#+$ 4(*#1U*#+$ 09'(*$'$ $ %(V(*$ fv O %"4(*#9* f>O7Zqgc /$%91$*#/8#,#% f>\7[qg N *($++#M/ (/ (- %#,#9 $*,#+"-$+#9/(% '9-9*9%$% ( #/1-$0$'$%g I/ "/ (/%$N9 +-./#+9 '( #/N(++#M/ fa7Pqg7 $-($,9*#S$'9c '9:-( +#(89c 4-$+(:9 +9/,*9-$'9c p"( (V$-"M -$ (1#+$+#$ (/ 0(k9*.$ '( A=H L\c T\ N Z\ N -$ 09'#1#+$+#M/ (/ (J$ $'0#/#%,*$+#M/ '( $'$-#0"0$: fP\ 08c +$'$ %(0$/$g '$r9 (%,*"+,"*$-c +9/+-"NM p"( -9% 4$+#(/,(% p"( *(+#:#(*9/ +904$*$'9 +9/,*$ 4-$+(:9c '"*$/,( >L $ LP %(0$/$%c (% $'$-#0"0$: V(*%"% 4-$+(:9 $-+$/S$*9/ $ -$% >L %(0$/$% "/ 8(/(*$-0(/,( :#(/ ,9-(*$'9 #'(/,#1#+i/'9%( +909 4*#/+#4$-(% A=H L\ fTaq V(*%"% >Pqg A=HT\ fOYq V(*%"% Pqg N A=H Z\ (1(+,9% $'V(*%9% #/1(++#M/ *(%4#*$,9*#$ /9 +904-#+$'$ N fL\q V(*%"% >qg =9/ *(%4(+,9 $ -9% +$0:#9% (%,*"+,"*$-(% %( *($++#M/ (/ (- %#,#9 '( #/N(++#M/ N 1"(*9/ %#0#-$*(% $- 8*"49 '(09%,*M p"( -$ $'0#/#%,*$+#M/ '( $'$-#0"0$: P\ 08 +$'$ 4-$+(:9 D( *(+90#(/'$ -$ $'0#/#%,*$+#M/ '( $'$-#0"0$: P\ '9% %(0$/$% V(*%"% 4-$+(:9c 4*9'"+( "/ +$0:#9 (/ (- ./'#+( 08c V.$ %":+",i/($c +$'$ >T '.$% N '"*$/,( Pa %(0$/$%c +9/ Za
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0(- 9:k(,#V9 '( 0(k9*$* -$ $+,#V#'$' +",i/($ N $*,#+"-$*c *('"+#* (%,"'#9 $:#(*,9 $ Pa %(0$/$%c %( 9:%(*VM p"( (;#%,( "/$ -$ '#%+$4$+#'$' N +9/,*9-$* -$ 4*98*(%#M/ *$'#9-M8#+$ (/ *('"++#M/ (/ -$ 4*98*(%#M/ *$'#98*i1#+$ +904$*$'$ +9/,*$ 4$+#(/,(% +9/ $*,*#,#% 4%9*#i%#+$ $+,#V$ I;#%,( (V#'(/+#$ p"( 4-$+(:9 f+$0:#9 4*90('#9 '(- D+9*( D3$*4 09'#1#+$'9 > '(0"(%,*$ -$ (1(+,#V#'$' +-./#+$ N %(8"*#'$' '( $'$-#0"0$: $ V(*%"% \7Lc 4z \7\\>g7 =904$*$'9 +9/,*$ 4-$+(:9c /9 %( -$*89 4-$S9 fL $r9%gc (/ (- ,*$,$0#(/,9 '( $*,*#,#% 4%9*#i%#+$ 9:%(*VM #/+*(0(/,9 (/ -9% (1(+,9% $'V(*%9% 8*$V(% $ -$ $+,#V$ J$ $'0#/#%,*$+#M/ +9/,#/"$ '( $'$-#0"0$: '"*$/,( %(0$/$ Pa P7L7O I,$/(*+(4, D( *(+90#(/'$ -$ $'0#/#%,*$+#M/ >PP %(0$/$% (/ >\L 4$+#(/,(% +9/ $*,*#,#% 4%9*#i%#+$ 3$ '( $'$-#0"0$: (/ '9%#% '( P\ 08 +$'$ >T '.$%c V.$ '(09%,*$'9 -$ #/3#:#+#M/ '( -$ 4*98*(%#M/ *$'#98*i1#+$ (/ "/ %":+",i/($ 4$*$ (- ,*$,$0#(/,9 '( $*,*#,#% 4%9*#$%#+$ $+,#V$ (/ aP7Oq '( -9% 4$+#(/,(% J9% 4$+#(/,(% p"( *(+#:#(*9/ 4$+#(/,(% p"( ,#(/( 1$--$ $ -$ *(%4"(%,$ 9 #/,9-(*$/+#$ 9 $'$-#0"0$: '( 19*0$ +9/,#/"$ f>PP %(0$/$%g ,#(/(/ 0(/9* +9/,*$#/'#+$+#M/ '( $- 0(/9% L 1i*0$+9% 09'#1#+$'9*(% '( -$ 4*98*(%#M/ '(- '$r9 $*,#+"-$* +904$*$'9 +9/ $p"(--9% (/1(*0('$'7 4$+#(/,(% p"( *(+#:#(*9/ 4-$+(:9 '"*$/,( LP %(0$/$% N '(%4"U% %"%,#,"N(*9/ 4-$+(:9 49* $'$-#0"0$: I% #049*,$/,( '(%,$+$* p"( -9% 4$+#(/,(% p"( #/#+#$-0(/,( *(+#:#(*9/ 4-$+(:9 fLP %(0$/$%g N 4*(%(/,$*9/ 4*98*(%#M/ *$'#98*i1#+$c IEABIH=I)E ,"V#(*9/ #/3#:#+#M/ '( -$ 4*98*(%#M/ $- *(+#:#* $'$-#0"0$:c -9 I,$/(*+(4, (% (1(+,#V9 (/ (- ,*$,$0#(/,9 '( A*,*#,#% )%9*#i%#+$ p"( %"8#(*( p"( (%,$ #/,(*V(/+#M/ 4"('( +9/,*#:"#* $ *(,*$%$* 09'(*$'$ $ %(V(*$ fvO $*,#+"-$+#9/(% #/1-$0$'$% N '9-9*9%$%g (- '$r9 (%,*"+,"*$- (/ 4$+#(/,(% +9/ $*,*#,#% 4%9*#i%#+$ J$ $'0#/#%,*$+#M/ '( (,$/(*+(4, V(*%"% 4-$+(:9 '"*$/,( >L H(%4(+,9 $ -$ (V$-"$+#M/ $*,#+"-$*c %( 9:%(*VM p"( -9% %(0$/$% '(09%,*M p"( YTq '( -9% 4$+#(/,(% $-+$/S$*9/ 4$+#(/,(% p"( *(+#:#(*9/ $'$-#0"0$: 3$%,$ -$ %(0$/$ >\Pc (A=HL\c PTq $-+$/S$*9/ A=HT\ N >Lq '( -9% 4$+#(/,(% /X0(*9 '( 4$+#(/,(% p"( $-+$/S$*9/ "/ A=H T\ 1"( '( PT7Lq $-+$/S$*9/ A=H Z\7 D( 9:%(*VM p"( aTq '( -9% 4$+#(/,(% f>LZ5La>g 0#(/,*$% p"( %( $-+$/SM "/ A=H Z\ (/ L[7[q 09%,*$*9/ 0(k9*.$ (/ -9% ./'#+(% '( $+,#V#'$' 0('#'9 49* faP5La>g7 D( $-+$/S$*9/ -9% +*#,(*#9% '( *(%4"(%,$ '( $*,*#,#% )DAH= f+*#,(*#9% '( *(%4"(%,$ (/ A)%g I- "%9 +9/+90#,$/,( '( 4%9*#i%#+$ f)%AH=g (/ (- YO7Tq '( -9% 4$+#(/,(% <('#$/,( "/ 0(,9,*(;$,( +9/ (,$/(*+(4, /9 4*949*+#9/$ :(/(1#+#9 (/%$N9 +-./#+9 $-($,9*#S$'9c '9:-( +#(89c 4-$+(:9 +9/,*9-$'9c $'#+#9/$- J$ $'0#/#%,*$+#M/ '( (,$/(*+(4, (/ 09/9,(*$4#$ (% (/ (- p"( %( #/+-"N(*9/ LP 4$+#(/,(% +9/ $*,*#,#% 4%9*#i%#+$c %( (1#+$Sc (1(+,#V$ N %(8"*$ (/ -$ 0$N9*.$ '( 4$+#(/,(% +9/ 9:%(*VM p"( -$ $'0#/#%,*$+#M/ '( $'$-#0"0$: P\ 08 +$'$ >T $*,*#,#% 4%9*#i%#+$ *(1*$+,$*#$ $ QAH
O f4ƒ\7\OOgc -$% +"$-(% H(%4(+,9 $ -$ (1(+,#V#'$' '( (,$/(*+(4,c ]-$0 n N +9-%7 +9**(-$+#9/$*9/ +9/ 0(k9*.$ +-./#+$c %"8#*#(/'9 "/ 49%#:-( *9*(49*,$*9/ p"( -$ $'0#/#%,*$+#M/ '(- :#9-M8#+9 '(09%,*M +909 :#90$*+$'9*(% '( *(4"(%,$ $ ,*$,$0#(/,9 I;#%,( 0(k9*.$ (/ -$ *#8#'(S $*,#+"-$* N (- '9-9* ( #/1-$0$+#M/ $*,#+"-$* (V#'(/+#$ +9/%#%,(/,( '( p"( -$ $'0#/#%,*$+#M/ '( (/ +$%# (- T\q '( -9% 4$+#(/,(%7 $'$-#0"0$: (/ '9%#% '( P\ 08 V.$ %":+",i/($ +$'$ >T '.$% '"*$/,( LP %(0$/$%c 4*9'"+( 0(k9*.$ +-./#+$ (/ (- /X0(*9 '( $*,#+"-$+#9/(% '9-9*9%$% ( #/1-$0$'$% *(%4(+,9 $- (%,$'9 :$%$f4ƒ\7\\\Lg J$ *(%4"(%,$ $-+$/S$'$ (/ A=HL\c A=HT\ N A=HZ\ 1"( '( YZqcP\q N L\qc *(%4(+,#V$0(/,(7 A -9% Y 0(%(% '( ,*$,$0#(/,9c %( 9:%(*VM "/$ *('"++#M/ (/ -$ (;,(/%#M/ '(('(0$ '( 0U'"-$ M%($c #'(/,#1#+$'9 $ ,*$VU% '( "/ (%,"'#9 '( *(%9/$/+#$ 0$8/U,#+$ I% #049*,$/,( %(r$-$* p"( (- (%,"'#9 '( A/$/'$*$k$3 A (, $-c *(4*(%(/,$ "/ (%,"'#9 4#-9,9c +9/ 49:*( ,$0$r9 '( 0"(%,*$ f>T 4$+#(/,(%g N 3(,(*98(/(#'$' (/ -9% %#,#9% (V$-"$'9%c -9 p"( -#0#,$ -$ V$-#'(S '( %"% *(%"-,$'9% 49* -9 p"( *(p"#(*( '( (%,"'#9% 4*9%4(+,#V9% 4$*$ (V$-"$* (%,9% '(%(/-$+(% J$ $'0#/#%,*$+#M/ '( $'$-#0"0$: fP\ 08g '"*$/,( >L $ LP %(0$/$%c (% (1(+,#V$ (/ (,*$,$0#(/,9 '( $*,*#,#% 4%9*#i%#+$ 4(*#1U*#+$ 09'(*$'$ $ %(V(*$ fv O $*,#+"-$+#9/(% '9-9*9%$% ( #/1-$0$'$%g I/ "/
I- (1(+,9 $'V(*%9 0i% 1*(+"(/,( '( (,$/(*+(4,c (% -$ *($++#M/ (/ (- %#,#9 '( -$ #/N(++#M/7 F,*9% #/+-"N(/ #/1(++#9/(% N *($++#9/(% $-U*8#+$% I;#%,( (V#'(/+#$ '( p"( -$ $'0#/#%,*$+#M/ '( (,$/(*+(4, 4"('( *('"+#* -$ 4*98*(%#M/ *$'#9-M8#+$7 I%,( '$,9 %( 3$ (V$-"$'9 $ -$% LP %(0$/$%c (- +"$- (% "/ 4(*#9'9 +9*,9 '(- /9*0$-0(/,( *(+90(/'$'9 4$*$ (V$-"$* -$ 4*98*(%#M/ *$'#9-M8#+$ D( *(+90#(/'$ -$ $'0#/#%,*$+#M/ '( (,$/(*+(4, LT 08 '9% V(+(% $ -$ %(0$/$ 9 T\ 08 %(0$/$- 49* V.$ %":+",i/($ 4$*$ (- ,*$,$0#(/,9 '( $*,*#,#% 4%9*#i%#+$ $+,#V$ (/ 4$+#(/,(% p"( ,#(/( 1$--$ $ -$ *(%4"(%,$ 9 #/,9-(*$/+#$ 9 +9/,*$#/'#+$+#M/ '( $- 0(/9% L 1i*0$+9% 09'#1#+$'9*(% '( -$ (/1(*0('$' B9 %( *(+90#(/'$ (- "%9 +9/+90#,$/,( '( 0(,9,*(;$,( N (,$/(*+(4, '(:#'9 $ p"( /9 %( 9:,#(/( "/ :(/(1#+#9 $'#+#9/$- (/ -$ (1#+$+#$ I,$/(*+(4, 3$ 09%,*$'9 %(* (1#+$S N %(8"*9 (/ (%,"'#9% $-($,9*#9% '9:-( Z[
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0+#(89 4-$+(:9 +9/,*9-$'9 $ >L %(0$/$% +9/ (;,(/%#M/ $ LPc =9/ *(%4(+,9 $ -$ *(%4"(%,$ +",i/($c %( 9:%(*VM p"( "/ Yaq +9/ 0(k9*.$ (/ *(%4"(%,$ A=H L\ '( "/ ZZq V(*%"% >Oq '( -9% 4$+#(/,(% p"( *(+#:#(*9/ #/1-#;#0$: $-+$/S$*9/ "/ )AD@ +9/,*$ 4-$+(:9c *(%4"(%,$ (/ )%AH= '( "/ aZq V(*%"% LOq ‚ZTq V(*%"% \q '(- 8*"49 4-$+(:9c $ -$ %(0$/$ >Y I- %+9*( +9/,*$ 4-$+(:9c *(%4"(%,$ A=H L\ '( ZZq V(*%"% >Oq +9/,*$ RAW 4*90('#9 0(k9*M %#8/#1#+$,#V$0(/,( '( "/ V$-9* :$%$4-$+(:9 N 0(k9*.$ (/ (- ./'#+( '( )AD@ f./'#+( '( $+,#V#'$' '( >7L $ \7Y $ -$ %(0$/$ >Yc (/ (- 8*"49 p"( *(+#:#M #/1-#;#0$: +",i/($ (/ 4%9*#$%#%g '( PY q V(*%"% [q +9/,*$ 4-$+(:97 B9 V(*%"% 4-$+(:9 (/ p"#(/(% /9 %( 9:%(*VM 0(k9*.$ f4z\7\\>g7 %( '9+"0(/,$*9/ (V(/,9% $'V(*%9% %(*#9% P7L7P @/1-#;#0$: A -$ %(0$/$ >Y '( (V$-"$+#M/c ,$0:#U/ %( '9+"0(/,M fI1#+$+#$c D(8"*#'$' N I1(+,#V#'$' H$'#9-M8#+$g I,$/(*+(4, 3$ 0(k9*.$ (/ (- %+9*( '( +*#,(*#9 '( *(%4"(%,$ f)%AH=g (/ (- ZTq '(09%,*$'9 *('"++#M/ (/ -9% %./,90$% $*,#+"-$*(%c 0(k9*.$ '( fO[5TLg '( -9% 4$+#(/,(% p"( *(+#:#(*9/ #/1-#;#0$: V(*%"% L>q -$% -(%#9/(% +",i/($%c #/3#:#+#M/ '( -$ 4*98*(%#M/ *$'#9-M8#+$ N f>>5TLg f4z\7\\>g7 D#/ (0:$*89c $ -$ %(0$/$ T\c -$ ,$%$ '( :"(/$ ,9-(*$/+#$ N %(8"*#'$' (/ L\T 4$+#(/,(% +9/ A*,*#,#% *(%4"(%,$ (/ $0:9% 8*"49% 1"( %#0#-$* fZYq V(*%"% ZPqg I/ ()%9*#i%#+$c (/ "/ (%,"'#9 $-($,9*#S$'9 '9:-( +#(89 +9/,*9-$'9c (%,"'#9 '( A/,9/# = N +9-%c L\\T %( '9+"0(/,M $ -$ %(0$/$ $ LP %(0$/$% +9/ (;,(/%#M/ $:#(*,$ $ Pa %(0$/$%c %( 9:%(*VM >Yc p"( (- 8*"49 p"( *(+#:#M #/1-#;#0$: 09%,*M "/$ 0(k9*.$ (/ "/$ *(%4"(%,$ A=H L\ '( T[q V(*%"% >Tq +9/,*$ 4-$+(:9 (- %+9*( ?ADLa '( PYq +904$*$'9 +9/ "/$ 0(k9*.$ '( L7aq 09%,*$/'9 (1(+,9 %9%,(/#'9 $ -$% LP N Pa %(0$/$%c #/3#:#+#M/ (/ -9% 4$+#(/,(% '(- 8*"49 4-$+(:9 f4z\7\\>g7 D#/ (0:$*89c -$ '( -$ 4*98*(%#M/ *$'#9-M8#+$ 0('#'$ (/ "/#'$'(% (/ ./'#+( '( *(%4"(%,$ '(- ?ADLa (/ $0:9% 8*"49% (% %#0#-$* (/ -$ %(0$/$ D3$*4 09'#1#+$'9 '( m\7\O V(*%"% ~>7\\ +9/,*$ 4-$+(:9 f4ƒ T\ faPq V(*%"% aLqg7 \7\\\>g N 0(k9*.$ (/ (- ./'#+( '( )AD@ '( ZTq V(*%"% Oq +9/,*$ 4-$+(:97 J$ %(8"*#'$' %( '(09%,*M $ -$% LP %(0$/$%c K/ (/%$N9 +-./#+9 1$%( @@@c $-($,9*#S$'9c '9:-( +#(89c 4-$+(:9 -9% (V(/,9% $'V(*%9% 0i% 1*(+"(/,(% 1"(*9/ #/1(++#9/(% '(+9/,*9-$'9 N 0"-,#+U/,*#+9 (V$-X9 -$ (1#+$+#$ '( #/1-#;#0$: T ,*$+,9 *(%4#*$,9*#9 /9 +904-#+$'9 fL>qg N *($++#M/ (/ (- %#,#9 085|8 V(*%"% 4-$+(:9 (/ L\\ 4$+#(/,(% +9/ $*,*#,#% 4%9*#i%#+$ '( #/N(++#M/ '( fOYqg I;#%,( (V#'(/+#$ +9/%#%,(/,( '( p"( %#/ *(%4"(%,$ $ ,*$,$0#(/,9 +9/ QAH
P N I,$/(*+(4, 4*9'"+( 0(k9*.$ +-./#+$ +9/ *('"++#M/ (/ -9% LP7 J9% 3$--$S89% 4*#/+#4$-(% '(0"(%,*$/ '( 19*0$ *$/89% '( '#%+$4$+#'$' 1"/+#9/$- 0('#'$ 49* RAWc +9/%#%,(/,( p"( (- 8*"49 p"( *(+#:( #/1-#;#0$: 0"(%,*$ $ -$ '#%0#/"+#M/ '( -9% %./,90$% 0('#'$ 49* )%AH=c *(,*$%9 '( -$ %(0$/$ >Pc "/$ 0(/9* 1*(+"(/+#$ '( '$+,#-#,#% >aq V(*%"% 4*98*(%#M/ *$'#9-M8#+$ '( $+"(*'9 $- ./'#+( '( D3$*4 O\q '(- 8*"49 4-$+(:9w 4ƒ\7\LTc 0#(/,*$% p"( (/ -$ %(0$/$ 09'#1#+$'9 N *(%4"(%,$ A=H L\c T\ N Z\ +9/ :"(/ 4(*1#- '( LP 1"( '( >Lq V(*%"% OPqw 4z\7\\>7 D( '9+"0(/,M $ -$ %(8"*#'$' I,$/(*+(4, (% (1#+$S (/ -$ 0(k9*.$ '( -$ (/,(%#,#% %(0$/$ >Pc "/$ 0(/9* 1*(+"(/+#$ '( (/,(%94$,#$ (/ (- 8*"49 0('#'$ '( $+"(*'9 $- ./'#+( '(
Y I% *(+90(/'$:-( <$/'(* <9'#1#+$'9g N 49* *(%"-,$'9% (/ H(%9/$/+#$ $'0#/#%,*$* #/1-#;#0$: (/ '9%#% '( T 085|8 '( 4(%9c V.$ <$8/U,#+$7 D( *(+90#(/'$ '(%+9/,#/"$* (- (,$/(*+(4, (/ #/1"%#M/ #/,*$V(/9%$c $ -$ %(0$/$ \c L cY N 49%,(*#9*0(/,( 4$+#(/,(% p"( /9 0"(%,*$/ *(%4"(%,$ '(%4"U% '( >L %(0$/$% +$'$ a %(0$/$%c '(:#'9 $ p"( %( 3$ '9+"0(/,$'9 p"( (% '( ,*$,$0#(/,97 :#(/ ,9-(*$'9 $ -$ %(0$/$ LP N 3$ '(09%,*$'9 0(k9*.$ %#8/#1#+$,#V$ (/ -9% %#8/9% N %./,90$% '( -$ $*,*#,#%c 4%9*#$%#%c '$+,#-#,#%c (/,(%#,#% (/ 4$+#(/,(% +9/ $*,*#,#% 4%9*#i%#+$ $+,#V$ p"( /9 ,"V#(*9/ *(%4"(%,$ $ -$ ,(*$4#$ +9/ 1i*0$+9% @BQJ@h@
\P 4$+#(/,(% +9/ $*,*#,#% 4%9*#i%#+$7 ?(%4"U% '( "/$ $'0#/#%,*$+#M/ '( >Y %(0$/$%c %( 9:%(*VM "/$ '#1(*(/+#$ %#8/#1#+$,#V$ (/ (- /X0(*9 '( 4$+#(/,(% p"( $-+$/S$/ "/ A=H L\ fYTq V(*%"% [7Yqgc A=H T\ fPY7Lq V(*%"% \qg N A=H Z\ fLa7a V(*%"% \qg f4z\7\\>g
K/ (/%$N9 +-./#+9c $-($,9*#9c '9:-( +#(89c 4-$+(:9 +9/,*9-$'9 +9/ %(8"#0#(/,9 $ > $r9 f@<)A=E Lgc (V$-"M -$ (1#+$+#$ '( #/1-#;#0$: V(*%"% 4-$+(:9 %9:*( -$ 4*98*(%#M/ '(- '$r9 (%,*"+,"*$- (/ L\\ 4$+#(/,(% +9/ $*,*#,#% 4%9*#i%#+$ $+,#V$7 D( V$-9*$*9/ *$'#98*$1.$% '( 0$/9% N 4#(%7 A -$ %(0$/$ LP (8*"49 p"( *(+#:#M #/1-#;#0$: V(*%"% 4-$+(:9 09%,*M "/ +$0:#9 (/ (- ./'#+( '( D3$*45V$/ '(* R(#k'( '( m\7Z\ L7TO N \7aL L7L7YLc *(%4(+,#V$0(/,(w 4z\7\\>c 0#(/,*$% p"( $ -$ %(0$/$ TP -9% +$0:#9% %9/ %#8/#1#+$,#V$0(/,( 0(/9*(%c (8*"49 p"( *(+#:#M #/1-#;#0$: ,"V9 "/ %+9*( m\7[P O7P\ V(*%"% \7TO L7Y\ '(- 8*"49 4-$+(:9 f4ƒ\7\\>g D( *(+90#(/'$ (- "%9 '( #/1-#;#0$: (/ '9%#% '( T 085|8 4$*$ #/3#:#* -$ 4*98*(%#M/ a\
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0*$'#98*i1#+$ '( -$ $*,*#,#% 4%9*#i%#+$c %" (1(+,9 %( 0"(%,*$ '(%'( -9% Y 0(%(% '( #/#+#9 '( ,*$,$0#(/,9 N %( %9%,#(/( 3$%,$ "/ > $r9 '(- 0#%097
!FJ@
J$ $'0#/#%,*$+#M/ +9/,#/"$ '( #/1-#;#0$: '"*$/,( L $r9% (/ '9%#% '( T 085|8 4*9'"+( "/$ 0(k9*.$ %9%,(/#'$ (/ -9% %#8/9% N %./,90$% $*,#+"-$*(% N +",i/(9%c *(,*$%$ -$ 4*98*(%#M/ *$'#98*i1#+$ N 0"(%,*$ "/ $'(+"$'9 4(*1#- *#(%89m:(/(1#+#9 (/ 4$+#(/,(% +9/ $*,*#,#% 4%9*#i%#+$ $+,#V$ *(1*$+,$*#9% $ ,*$,$0#(/,9 +9/ QAH
Pc %( 3$ '9+"0(/,$'9 "/$ 0(k9*.$ (/ (- ./'#+( '( '#%+$4$+#'$' (/ -9% 4$+#(/,(% +9/ $*,*#,#% 4%9*#i%#+$ p"( *(+#:#(*9/ #/1-#;#0$: fPa7Yqg V(*%"% 4-$+(:9 fm>a7Pqgw 4z\7\\>gc (%,9% *(%"-,$'9% 1"(*9/ %#0#-$*(% $ -$ %(0$/$ LP fPYq V(*%"% m>[7Pqc *(%4(+,#V$0(/,(w 4z\7\\>7 J$ ,(*$4#$ '( +90:#/$+#M/ (/,*( #/1-#;#0$: N 0(,9,*(;$,( /9 +9/1#(*( "/ :(/(1#+#9 $'#+#9/$- (/ ,U*0#/9% '( (1#+$+#$c $"/p"( -9% 4$+#(/,(% p"( *(+#:(/ 0(,9,*(;$,( 0"(%,*$/ 0(/9*(% ,$%$% '( *($++#9/(% $ -$ #/1"%#M/ f\7[q V(*%"% O7Lqg I- (04-(9 +9/+90#,$/,( '( 0(,9,*(;$,( +9/ #/1-#;#0$: 4"('( *('"+#* -$ 1*(+"(/+#$ '( -$% *($++#9/(% 49%,#/1"%#M/ J$% *($++#9/(% 49%,(*#9* $ -$ #/1"%#M/ N -$ 19*0$+#M/ '( $/,#+"(*49% %9/ -9% (1(+,9% $'V(*%9% 0i% +90"/(% '( #/1-#;#0$:c $"/p"( /9 (% +-$*9 %# (%,9 9+"**( 0i% 1*(+"(/,(0(/,( p"( +9/ (- 4-$+(:9 I- ,*$,$0#(/,9 +9/ #/1-#;#0$: '(:( %(* '(%+9/,#/"$'9 (/ 4$+#(/,(% +9/ $*,*#,#% 4%9*#i%#+$ p"( /9 *(%49/'(/ $'(+"$'$0(/,( $ -$% >L %(0$/$% '( ,*$,$0#(/,97
J$ $'0#/#%,*$+#M/ %":+",i/($ '( 89-#0"0$: (/ '9%#% '( T\ N >\\ 08 +$'$ P %(0$/$%c 0(k9*$ %#8/#1#+$,#V$0(/,( -$ $+,#V#'$' '( -$ $*,*#,#% 4%9*#i%#+$ !9-#0"0$: f$/,#+"(*49 09/9+-9/$- 3"0$/#S$'9 +9/,*$ 1$+,9* '( /(+*9%#% ,"09*$g (% "/ :#9-M8#+9 (1#+$S N :#(/ ,9-(*$'97 D( '(%+*#:(/ (/,*( %"% (1(+,9% %(+"/'$*#9% *($++#M/ (/ (- %#,#9 '( #/N(++#M/ N (-(V$+#M/ '( ,*$/%$0#/$%$% I/ (%,( 090(/,9 /9 %( (/+"(/,*$ '#%49/#:-( (/ /"(%,*9 0('#9 (- "%9 '( !9-#0"0$:7 I% /(+(%$*#9 "/ %(8"#0#(/,9 (%,*(+39 '( -$ (1#+$+#$c (1(+,#V#'$' N %(8"*#'$' '( (%,( $/,#mEBQ $-1$c 4$*$ (V$-"$* %" #/+-"%#M/ $- ="$'*9 ^i%#+97
=H@EIH@FD ?I HIQIHIB=@A I- 0U'#+9 #/,(*/#%,$ N *("0$,M-989 '(:(/ (%,$:-(+(* "/ 0$/(k9 +9/k"/,9 +9/ (- 0U'#+9 '(*0$,M-989c '( $p"(--9% 4$+#(/,(% +9/ (/1(*0('$' (;,(/%$c '#%+$4$+#'$' 9+"4$+#9/$9 #/+$4$+#'$' -$:9*$-c 1$--$ $ ,*$,$0#(/,9 ,M4#+9 $4*94#$'9 '(%4"U% '( L 9 O 0(%(%c *($++#M/ $'V(*%$ $ ,(*$4#$ ,M4#+$ N (/1(*0('$' 8*$V( I- 0U'#+9 '(*0$,M-989 '(:( *(1(*#* $0U'#+9 *("0$,M-989c $p"(--9% 4$+#(/,(% +9/ 4%9*#$%#% (/ -9% p"( '9+"0(/,( *#8#'(S 0$,",#/$c $*,*#,#% N '$+,#-#,#%7
]@!@JAB=@A G DI!K@<@IBEF J$ ,$%$ '( %9:*(V#'$ $ "/9 N '9% $r9% '( -9% $8(/,(% $/,#mEBQ $-1$ (% '( aOq N ZTqc *(%4(+,#V$0(/,( J$ ,$%$ '( %9:*(V#'$ '( "/ %(8"/'9 $/,#mEBQ $-1$ c '#%0#/"N( $ 7Ya N 7Y\ $- $r9 N '9% $r9%c *(%4(+,#V$0(/,( <('#$/,( "/ 4(*.9'9 '( %(8"#0#(/,9 '( L7O 4(*%9/$5$r9c %( 3$ 9:%(*V$'9 p"( O\7aq '( 4$+#(/,(% +9/ A)%c '(%+9/,#/X$/ (- 4*#0(* $8(/,( $/,#m EBQc '(:#'9 4*#/+#4$-0(/,( $ 4U*'#'$ '( (1#+$+#$ f>L7Pqg N 4*(%(/+#$ '( (V(/,9% $'V(*%9% f>>7Pqg7 J$ 1"/+#M/ '( %9:*(V#'$ '(- %(8"/'9 $8(/,( $/,#mEBQ f%6#,+3g (% '( ZPq $ -9% >L 0(%(%7
I/ "/ $/i-#%#% 0"-,#V$*#$'9 %( #'(/,#1#+M p"( (- 1$+,9* 4*('#+,9* '( "/$ 0$N9* ,$%$ '( %"%4(/%#M/ '( $/,#mEBQ '(:#'9 $ #/(1#+$+#$ (% (- "%9 '( #/1-#;#0$: 4*(V#9 $ (,$/(*+(4, fRH ƒ O7ac @= [Tq L $ Z7Og J9% 1$+,9*(% 4*('#+,9*(% '( "/$ 0$N9* ,$%$ '( %"%4(/%#M/ '( $/,#mEBQ '(:#'9 $ (1(+,9% a>
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0$'V(*%9% %9/2 +909*:#-#'$' :$%$- $%9+#$'$ fRH ƒ L7Zc @= [Tq $/,#/"+-($*(%c $/,#+"(*49% $/,#m A?B7 D( '(:( *($-#S$* >7L $ Y7Lg N "%9 '( #/1-#;#0$: 4*(V#9 $ (,$/(*+(4, fRH ƒ O7>c @= (V$-"$+#M/ +-./#+$ 4$*$2 ,":(*+"-9%#%c #/%"1#+#(/+#$ +$*'#$+$c [Tq >7P $ Y7Lg J$ +9/,#/"#'$' '( "/ $/,#mEBQ (% 0(/9* (/ #/1(++#9/(%c (/1(*0('$'(% '(%0#(-#/#S$/,(% N /(94-$%#$%7 4$+#(/,(% 0$N9*(% '( Y\ $r9% fRH >7>\ @= [Tqc \7[Z $ L7P[g 9 D( '(:( %"%4(/'(* (- "%9 '( ,(*$4#$ $/,#mEBQ Ž %. %( (/ $p"(--9% p"( 1"(*9/ ,*$,$'9% #/#+#$-0(/,( +9/ #/1-#;#0$: '9+"0(/,$ 1$--$ ,(*$4U",#+$2 1$-,$ '( *(%4"(%,$ '(%4"U% '( O fRH O7LL @= [Tqc L7>O } P7aZ J$ 1$--$ $ "/ 4*#0(* $/,#mEBQ $-1$c 0(%(% '( ,*$,$0#(/,9c #/%"1#+#(/+#$ 4$*$ $-+$/S$* "/$ 0(k9*.$ /9 (;+-"N( -$ 49%#:#-#'$' '( ",#-#S$* "/ %(8"/'9 $/,#mEBQ7 ‚ O\q (/ O '( -9% Y 4$*i0(,*9% '(- +9/k"/,9 '( 0('#'$% '( 0(k9*.$ '(- =9-(8#9 A0(*#+$/9 '( H("0$,9-98.$ (/ -9% Y J$ '(+#%#M/ 4$*$ %"%4(/'(* 9 *($-#S$* "/ +$0:#9 f%6#,+3g '( "/ $/,#mEBQ Ž %( (%,$:-(+(*i +9/ :$%( (/ -$ (V$-"$+#M/ +-./#+$ 4*#0(*9% 0(%(%w (/1(*0('$' 0$-#8/$c '(%$**9--9 '( (V(/,9% N *$'#98*i1#+$ '( "/ (;4(*,9c p"( (V$-"$*i (- 4(*1#$'V(*%9% 8*$V(%c #/0"/9'(1#+#(/+#$%c (0:$*$S9 f%"%4(/%#M/ *#(%895:(/(1#+#9 N +9/%#'(*$*$ -$% 4*(1(*(/+#$% '(- 4$+#(/,( I,(049*$-gc #/1(++#M/ 8*$V( f%"%4(/%#M/ ,(049*$-g N /X0(*9 '( $r9% p"( "/ 4$+#(/,( +9/ $*,*#,#% 4%9*#i%#+$ 4"('( 4*9+('#0#(/,9% p"#*X*8#+9% f%"%4(/%#M/ ,(049*$-g I,$/(*+(4, (04-($* :#9-M8#+9%c (% "/ ,(0$ #/+#(*,9c 49* -9 p"( -9% ( #/1-#;#0$: /9 %( '(:(/ $'0#/#%,*$* (/ 4$+#(/,(% +9/ 3#%,9*#$ *(%"-,$'9% 3$%,$ $39*$ 9:,(/#'9% *(%4(+,9 $ %" %(8"*#'$'c '( (/1(*0('$' '(%0#(-#/#S$/,( 9 /("*#,#% M4,#+$ N ('(:(/ ,90$*%( +9/ 4*(+$"+#M/ I- *#(%89 $+,"$- '( #/1(++#M/ ,*$,$0#(/,9 %( '(:( %"%4(/'(* $/,( -$ 4*(%(/+#$ '( 8*$V( (/ 4$+#(/,(% +9/ 4%9*#$%#% p"( *(+#:(/ $8(/,(% $/,#m 0$/#1(%,$+#9/(% /("*9-M8#+$% '"*$/,( %" $'0#/#%,*$+#M/7 EBQc (% '(%+9/9+#'97 I- *#(%89 4"('( #/+*(0(/,$* (/ <('#$/,( (%,"'#9% '( (V$-"$+#M/ (+9/M0#+$c %( 3$ (%,#0$'9 4$+#(/,(% +9/ (04-(9 '( #/0"/9%"4*(%9*(% 9 #/1(++#M/ 49* ((- #04$+,9 $ -$*89 4-$S9 '( (,$/(*+(4, V(*%"% QAH
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0*(/$- (/ 4$+#(/,(% +9/ JID *(p"#(*( '( "/$ V#8#-$/+#$ (%,*(+3$ +9/ (- 9:k(,#V9 '( #'(/,#1#+$* $-,(*$+#9/(% '(- 1-"k9 N %('#0(/,9 "*#/$*#9c ('(0$ 4(*#1U*#+9c 4*9,(#/"*#$c 3(0$,"*#$ 0#+*9%+M4#+$ ( 3#4(*,(/%#M/ $*,(*#$- %#%,U0#+$7 I/ (- (%,"'#9 '(- 4$+#(/,( +9/ %9%4(+3$ 9 '#$8/M%,#+9 +9/1#*0$'9 '( $1(++#M/ *(/$-c %( '(:( %9-#+#,$* 0"(%,*$ "*#/$*#$ 0$,",#/$7 I% #049*,$/,( +9/%#'(*$* p"( -9% +#-#/'*9% "*#/$*#9% ,#(/'(/ $ '(%#/,(8*$%( $/,( "/ 43 "*#/$*#9 $-+$-#/9 N -9% (*#,*9+#,9% ,#(/'(/ $ -#%$*%( %# %( 0$/,#(/(/ (/ "/$ 0"(%,*$ "*#/$*#$ 3#49,M/#+$7 J$ $'(+"$'$ #/,(*4*(,$+#M/ '( "/ (;$0(/ 8(/(*$'( 9*#/$c *(p"#(*( '( '9% $%4(+,9% :i%#+9%2 >g $/i-#%#% #/0('#$,9 '( -$ 0"(%,*$ f'(/,*9 '( -9% 4*#0(*9% O\ 0#/",9%g 4$*$ -#0#,$* (- %9:*(+*(+#0#(/,9 :$+,(*#$/9 Nc Lg (V#,$* -$ *(1*#8(*$+#M/ '( -$% 0"(%,*$%c '(:#'9 $ p"( %( 4"('( #/'"+#* 4*(+#4#,$+#M/ '( +*#%,$-(%7 I% #049*,$/,( *($-#S$* "/ (%,"'#9 0#+*9%+M4#+9 '(,$--$'9 '(- %('#0(/,9 "*#/$*#9 '(:#'9 $ p"( 4"('( 4*949*+#9/$* #/19*0$+#M/ ,*$%+(/'(/,( $+(*+$ '(- ,#49 N 8*$V('$' '( -$ $1(++#M/ *(/$-7 J$ 3(0$,"*#$ 9 4#"*#$ (%,U*#- 49* %. %9-$% 4"('(/ ,*$'"+#* '$r9 *(/$- 8-90(*"-$* ,(04*$/9c +"$/'9 %( $r$'( 4*9,(#/"*#$ %( #/+*(0(/,$ (- V$-9* 4*('#+,#V9 4$*$ (- '(%$**9--9 '( -$ 8-90(*"-9/(1*#,#% -X4#+$7 J$ #'(/,#1#+$+#M/ '( 3(0$,"*#$ 0#+*9%+M4#+$ 4"('( %(* "/ #/'#+#9 '( 4$,9-98.$ %#8/#1#+$,#V$c #/+-"N(/'9 #/1(++#M/c /(94-$%#$ " 9,*$ 19*0$ '( '$r9 *(/$-7
&"4*+,')-' 27,$%' "& ,'%$"&)"0 !'1+*"0 #" 8B 'C+0 #" "#'# J$ (V$-"$+#M/ '( "/ 4$+#(/,( +9/ JID N $1(++#M/ *(/$*(p"#(*( '( -$ 4$*,#+#4$+#M/ +99*'#/$'$ '( "/ (p"#49 ,*$/%'#%+#4-#/$*#9 +9/19*0$'9 49*2 *("0$,M-989c 0U'#+9 #/,(*/#%,$c /(1*M-989c 4%#+M-989 N 4$,M-989c p"#(/(% '(:(/ 4$*,#+#4$* '( 19*0$ $+,#V$ (/ (- '#$8/M%,#+9c ,*$,$0#(/,9 N %(8"#0#(/,9 $ +9*,9c 0('#$/9 N -$*89 4-$S9 '(- 4$+#(/,( +9/ $1(++#M/ *(/$-7 J9% 4$+#(/,(% +9/ JID N $1(++#M/ *(/$- 4"('(/ 4*(%(/,$* '( 19*0$ #/%#'#9%$ 3(0$,"*#$ $%#/,90i,#+$ N 4*9,(#/"*#$7 I/ $-8"/9% (%,"'#9% %( 3$/ *(49*,$'9 '$,9% +-./#+9% N59 $/$-.,#+9% '( #/%"1#+#(/+#$ *(/$- $8"'$c %./'*90( /(1*M,#+9 9 8-90(*"-9/(1*#,#% *i4#'$0(/,( 4*98*(%#V$7
?@A!BCDE@=F ?(/,*9 '( -$% +$*$+,(*.%,#+$% +-./#+$% '( 4$+#(/,(% +9/ /(1*#,#% -X4#+$ %( 3$ *(49*,$'92 4*9,(#/"*#$ f>\\qgc %./'*90( /(1*M,#+9 fPTmYTqgc +#-#/'*9% 8*$/"-$*(% fO\qgc +#-#/'*9% (*#,*9+#,$*#9% f>\qgc 3(0$,"*#$ 0#+*9%+M4#+$ fa\qgc 3(0$,"*#$ 0$+*9%+M4#+$ f> $ Lqgc 1"/+#M/ *(/$- '#%0#/"#'$ fP\ $ a\qgc 1$--$ *(/$- $8"'$ f> $ Lqg ( 3#4(*,(/%#M/ $*,(*#$%#%,U0#+$ f>T $ T\qg7 J$ '(,(++#M/ ,(04*$/$ '( $1(++#M/
J$ 09*19-98.$ '( -9% (*#,*9+#,9% "*#/$*#9% $N"'$ $ '#%,#/8"#* ,*$%,9*/9% '(- ,*$+,9 "*#/$*#9 %"4(*#9* ( #/1(*#9*7 J9% (*#,*9+#,9% '#%0M*1#+9% #/'#+$/ #/1-$0$+#M/ 8-90(*"-$* 9 (/1(*0('$' ,":"-9#/,(*%,#+#$-c 0#(/,*$% p"( -9% (*#,*9+#,9% #%90M*1#+9% 4"('(/ %"8(*#* %$/8*$'9 '(- ,*$+,9 #/1(*#9*c (+"$- 4"('( %(* '(:#'9 $ #/1(++#M/c -#,#$%#% 9 ,"09*7 J$ #'(/,#1#+$+#M/ '( (*#,*9+#,9% '#%0M*1#+9% "*#/$*#9%c +#-#/'*9% 8*$/"-9%9% N 4*9,(#/"*#$ %9/ 3$--$S89% p"( 4*949*+#9/$/ (V#'(/+#$ '( #/1-$0$+#M/ 8-90(*"-$* $+,#V$ 9 ,":"-9#/,(*%,#+#$-7 D( 3$ '9+"0(/,$'9 p"( +9/19*0( #/+*(0(/,$ (- /#V(- '( 4*9,(#/"*#$c 0$N9* (% (- 8*$'9 '( $1(++#M/ 3#%,94$,9-M8#+$ (/ (- 4$+#(/,( +9/ /(1*#,#% -X4#+$7 J$ 4*9,(#/"*#$ %( 3$ $%9+#$'9 +9/ (/1(*0('$' *(/$- N +$*'#9V$%+"-$*c %" '(,(++#M/ ( #/+*(0(/,9 ,#(/( V$-9* '#$8/M%,#+9 N 4*9/M%,#+9 (/ -$ '(,(++#M/ #/#+#$- N +9/1#*0$+#M/ '( (/1(*0('$' *(/$-7 J$ 4*9,(#/"*#$ (% "/ 3$--$S89 p"( #/'#+$ 4*(%(/+#$ '( (/1(*0('$' 8-90(*"-$* -X4#+$ N /9 /(+(%$*#$0(/,( 8*$V('$'7 I/ 8(/(*$-c -$ 4*9,(#/"*#$ (/ *$/89% /(1*M,#+9% ‚ O7T 8*$09%5'.$ *(1-(k$ $1(++#M/ '#1"%$ '( -$ 4$*(' +$4#-$* 8-90(*"-$* N %( 9:%(*V$ (/ 4$+#(/,(% +9/ 8-90(*"-9/(1*#,#% 4*9-#1(*$,#V$ '#1"%$ 9 0(0:*$/9%$7 J$ '(,(*0#/$+#M/ '( +*($,#/#/$ %U*#+$c (% "/ #/'#+$'9* 4*i+,#+9 4$*$ #'(/,#1#+$* $/9*0$-#'$'(% (/ -$ ,$%$ '( 1#-,*$+#M/ 8-90(*"-$*w %#/ aO
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0(0:$*89c (% 49+9 %(/%#:-(c %" /#V(- %U*#+9 %( 09'#1#+$ (/ 4(*0#,( #'(/,#1#+$* ,*$%,9*/9% 9:%,*"+,#V9%c (V$-"$* (- ,$0$r9 1"/+#M/ '( -$ 0$%$ 0"%+"-$*c ('$' N ,$%$ '( 1#-,*$+#M/ N -$ %#0(,*.$ *(/$- ( #'(/,#1#+$* (/1(*0('$' 49-#p".%,#+$7 8-90(*"-$*7 J$ 0('#+#M/ '( -$ +$4$+#'$' '(4"*$'9*$ '(- *#rM/ I/ -$ (V$-"$+#M/ '( -$ 1"/+#M/ *(/$- N (- %(8"#0#(/,9 '(%( 4"('( *($-#S$* 0('#$/,( '#V(*%9% 4*9+('#0#(/,9% p"( 4$+#(/,( +9/ /(1*#,#% -X4#+$ %( *(+90#(/'$ %9-#+#,$*2 (;$0(/ ,#(/(/ V$*#9% 8*$'9% '( +904-(k#'$' N +(*,(S$c ,$-(% +9092 8(/(*$- '( 9*#/$c +#,9-98.$ "*#/$*#$c '(,(*0#/$+#M/ '( $+-$*$0#(/,9 '( #/"-#/$c '( i+#'9 4$*$$0#/93#4X*#+9c '( +*($,#/#/$ %U*#+$c '(,(*0#/$+#M/ '( +*($,#/#/$ N 4*9,(#/"*#$ "*($c '( #9'9,$-$0$,9c '( +*($,#/#/$ +9/ $'0#/#%,*$+#M/ (/ 9*#/$ '( LP 39*$%c "-,*$%9/#'9 *(/$-c '(,(*0#/$+#M/ '( %#0"-,i/($ '( +#0(,#'#/$ N '( #%M,949% *$'#$+,#V9% fT>=* m $/,#+"(*49% $/,#m?BA '( '9:-( +$'(/$c =Oc =P N $/,#m=>p7 K/ I?EAc [[0E+ m ?E)Ac >O>@ } F@R m >O>@ } 9*,9 } N9'9 m $%4(+,9 4$*,#+"-$* p"( *(p"#(*( (V$-"$+#M/ #/'#V#'"$-#S$'$ (% 3#4"*$,9mc [[0E+m 0(*+$4,9m$+(,#-m,*#8-#+#/$g7 I%,$% 4*"(:$% -$ *($-#S$+#M/ '( :#94%#$ *(/$-7 ,#(/(/ "/$ (;$+,#,"' 0i% +9/%#%,(/,( 4$*$ (V$-"$* -$ ,$%$ '( 1#-,*$+#M/ 8-90(*"-$* (/ +904$*$+#M/ $ -$ %9-$ '(,(*0#/$+#M/ J$ /(1*#,#% -X4#+$ N %"% +904-#+$+#9/(% +9/%,#,"N(/ -$ 4*#/+#4$'( +*($,#/#/$ %U*#+$7 K/$ ,$%$ '( 1#-,*$+#M/ 8-90(*"-$* +$"%$ '( 09*:#-#'$' N 09*,$-#'$' (/ 4$+#(/,(% +9/ -"4"% (%,#0$'$ 0(/9* '( Y\ 0-5 0#/ 5>7ZO0L %( $%9+#$ +9/ (*#,(0$,9%9 %#%,U0#+9 fJIDg7 #/+*(0(/,9 (/ (- *#(%89 '( '(,(*#9*9 '( -$ 1"/+#M/ *(/$-c 4*98*(%#M/ $ 1$--$ *(/$- N 0"(*,( 4*(0$,"*$ 49* (/1(*0('$' J$ ,$%$ '( 09*,$-#'$' '( -9% 4$+#(/,(% +9/ JID p"( ,#(/(/ +$*'#9V$%+"-$*7 J$ '(4"*$+#M/ '( +*($,#/#/$ (/ 9*#/$ '( LP $1(++#M/ *(/$- (% 0$N9* (/ +904$*$+#M/ $ $p"(--9% 4$+#(/,(% 39*$% (% "/ #/'#+$'9* #04(*1(+,9 '( -$ V(*'$'(*$ ,$%$ '( %#/ +904*90#%9 *(/$- R$%,$ (- Y\q '( -9% 4$+#(/,(% +9/ JID 1#-,*$+#M/ 8-90(*"-$* f(- (%,i/'$* '( 9*9 (% -$ '(4"*$+#M/ '( '(%$**9--$/ $1(++#M/ *(/$-c "%"$-0(/,( '(/,*9 '( -9% #/"-#/$gc %#/ (0:$*89 4(*0#,( 9*#(/,$* (/ -$ '(,(*0#/$+#M/ '( 4*#0(*9% T $r9% '( 4*(%(/,$+#M/ '( -$ (/1(*0('$'7 ?( (%,9% -$ ,$%$ '( 1#-,*$+#M/ 8-90(*"-$* 7 J$ 1M*0"-$ '( =9+|+*91, N 4$+#(/,(%c (/,*( (- >\mL\q '(%$**9--$/ (/1(*0('$' *(/$!$"-, 4(*0#,( '(,(*0#/$* '( 19*0$ 4*i+,#+$ -$ '(4"*$+#M/ '( ,(*0#/$- J9% 1$+,9*(% +-./#+9% $%9+#$'9% +9/ 49:*( '(%(/-$+( +*($,#/#/$c %" 1M*0"-$ (%2 *(/$-2 8U/(*9 0$%+"-#/9c *$S$ /(8*$c 3#4(*,(/%#M/ $*,(*#$?(4"*$+#M/ '( +*($,#/#/$ f?=*g ƒ >P\ } ('$' f$r9%g ; 4(%9 f|8g (/,*( ZL ; +*($,#/#/$ %U*#+$ f=*%g ; \7aT f0"k(*(%g I/ -$ (V$-"$+#M/ '( -$ ,$%$ '( 1#-,*$+#M/ 8-90(*"-$* %( '(:( 4*(1(*#* (- "%9 '( 1M*0"-$% '( 4*('#++#M/ (/ -"8$* '( -$ +*($,#/#/$ %U*#+$7 I%,$ 1M*0"-$ %( 09'#1#+$ (/ 1"/+#M/ '( -$ ('$'c ./'#+( '( 0$%$ 0"%+"-$*c 0U,9'9 (04-($'9 (/ -$ '(,(*0#/$+#M/ '( +*($,#/#/$ %U*#+$c $%. +909 '(- %(;97 J$ '(4"*$+#M/ '( +*($,#/#/$ (% "/ $";#-#$* (/ -$ (V$-"$+#M/ '(1#-,*$'9 8-90(*"-$*w %#/ (0:$*89c %( *(+90#(/'$ +9/%#'(*$* -9% 1$+,9*(% p"( $1(+,$/ -$ +9/+(/,*$+#M/ %U*#+$ '( +*($,#/#/$7 ="$/'9 %( *(p"#(*( '( 0('#* +9/ 4*(+#%#M/ (- 1#-,*$'9 8-90(*"-$*c "/$ $-,(*/$,#V$ (% *($-#S$* "/ 8$0$8*$0$ +9/ ?E)A7 D( *(+90#(/'$ p"( '"*$/,( (- (%,"'#9 N (;4-9*$+#M/ 1.%#+$ '(4$+#(/,( +9/ $1(++#M/ *(/$- %( #/V(%,#8"( -$ 4*(%(/+#$ '( ('(0$c 3#4(*,(/%#M/ $*,(*#$- %#%,U0#+$c #/+*(0(/,9 '(/#,*M8(/9 "*(#+9 N +*($,#/#/$ %U*#+$c #/+*(0(/,9 '( 4*9,(#/"*#$ (/ 9*#/$ '( LP 39*$% N '#%0#/"+#M/ '( /#V(- '( $-:X0#/$ %U*#+$ '(:#'9 $ p"( %( $%9+#$/ +9/ "/ 4(9* '(%(/-$+( '( -$ 1"/+#M/ *(/$- N +9**(-$+#9/$/ +9/ 8-90(*"-94$,.$% 8*$'9 @] N ] %(8X/ -$ F
%#%,U0#+$c ,$:$p"#%09c 4*9,(#/"*#$ ( 3#49+904-(0(/,(0#$7 I;#%,( (V#'(/+#$ '( p"( -9% 4$+#(/,(% '( *$S$ /(8*$ 4*(%(/,$/ 49:*( '(%(/-$+( *(/$- (/ +904$*$+#M/ $ 4$+#(/,(% +$"+i%#+9% +9/ /(1*#,#% -X4#+$ $+,#V$7 K/ (%,"'#9 9:%(*V$+#9/$- $/$-.,#+9 0"(%,*$ p"( -$ 4*(V$-(/+#$ ( #/+#'(/+#$ '( /(1*#,#% -X4#+$ (% 0$N9* (/ 4$+#(/,(% +9/ (,/#$ $1*9m+$*#:(r$ ( #/'9m$%#i,#+$ (/ +904$*$+#M/ $ -$ 49:-$+#M/ +$"+i%#+$7 J9% 4$+#(/,(% +9/ 8-90U*"-9/(1*#,#% 4*9-#1(*$,#V$ 9 0(0:*$/9%$ f=-$%( @@@c @] N ] '( -$ F
c4ƒ\7\\\>gc 4*(%(/+#$ '( $/,#+"(*49% $/,#mH9 fHH L7OT @= [Tq >7> m P7ac 4ƒ\7\L N /(1*#,#% -X4#+$ =-$%( @@@ ‚ T\q =-$%( ] fHH L7ZZ @= [Tq >7O m T7[c 4ƒ\7\\Zg7
aP
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0090(/,9 (/ (- ,#(049c (;#%,#(/'9 -$ 49%#:#-#'$' '( D( 3$ 9:%(*V$'9 p"( (- 8U/(*9 1(0(/#/9 N -$ 4*(0(/94$"%#$ %9/ 1$+,9*(% 4*('#+,9*(% '( (;$+(*:$+#M/ f$+,#V#'$'g '( -$ ,*$/%19*0$+#M/ '( "/$ -(%#M/ $ 9,*$ '( 19*0$ (%49/,i/($ 9 /(1*#,#% -X4#+$7 ?"*$/,( -$ (V$-"$+#M/ #/#+#$- N '( %(8"#0#(/,9 +909 *(%"-,$'9 '(- ,*$,$0#(/,97 J9% 1$+,9*(% '( *#(%89 0i% '(- 4$+#(/,( +9/ /(1*#,#% -X4#+$c %( *(+90#(/'$ *($-#S$* "/$ +-$*$0(/,( $%9+#$'9% +9/ -$ 4*(%(/+#$ '( %$/8*$'9 49%,m (V$-"$+#M/ +*.,#+$ '( -9% 1$+,9*(% '( *#(%89 '( 4*98*(%#M/ '( -$ :#94%#$ %9/2 3#4(*,(/%#M/ $*,(*#$- f4*(%#M/ $*,(*#$- '#$%,M-#+$ /(1*#,#% -X4#+$ +9092 -$ U,/#$c (- (%,$'9 %9+#9(+9/M0#+9c v[\ 00R8gc %#,"$+#M/ +-./#+$ 0"N 1*(+"(/,( (/ /(1*M4$,$%c N *(,*$%9 (/,*( -$ 4*(%(/,$+#M/ '( -$ /(1*#,#% -X4#+$c 3$--$S89% '( -9% ,*$%,9*/9% '( -$ +9$8"-$+#M/7 -$ :#94%#$ *(/$-c (-(V$+#M/ '( -$ +*($,#/#/$ %U*#+$ N /X0(*9 '( I- 9:k(,#V9 '(- +9/,*9- 49%,m:#94%#$ (% (V#,$* -$ $4$*#+#M/ '( (;$+(*:$+#9/(% *(/$-(%7 J$ *(0#%#M/ +904-(,$ (% "/ 4*('#+,9* +904-#+$+#9/(% 0$N9*(% Nc (/ (- +$%9 '( p"( %( 4*9'"S+$/c %( '( :"(/ '(%(/-$+( *(/$-c 0#(/,*$% p"( -$ 4(*%#%,(/+#$ '( '(:( #'(/,#1#+$* N ,*$,$*-$% '( #/0('#$,97 D( %"8#(*( #/8*(%9 %#8/9% /(1*.,#+9% N $+,#V#'$' *(/$- (%,i/ $%9+#$'9% +9/ "/ 39%4#,$-$*#9 '( >L $ LP 39*$%c f(- [\q '( -$% +904-#+$+#9/(% 49:*( '(%(/-$+( *(/$-7 0$N9*(% $4$*(+(/ '"*$/,( -$% 4*#0(*$% >L 39*$%g7 ?"*$/,( -$ (%,$/+#$ %( '(:( 0$/,(/(* *(49%9 (/ +$0$c +9/,*9- '( %#8/9% V#,$-(% +$'$ 39*$ -$% 4*#0(*$% P N +$'$ Y 3$%,$ -$% LP 39*$%c $N"/9 '( Y 39*$%c V#8#-$* "*U%#% 4$*$ V$-9*$* 3(0$,"*#$c =JAD@Q@=A=@FB +9/,*9- '(- 3(0$,9+*#,9 $ -$% Y N $ -$% LP 39*$%7 J$% I/ 4$+#(/,(% +9/ %9%4(+3$ '( /(1*#,#% -X4#+$c -$ :#94%#$ *(/$+9/,*$#/'#+$+#9/(% 4$*$ *($-#S$* :#94%#$ *(/$- %9/2 A:%9-",$% (% X,#- 4$*$2 +9/1#*0$* (- '#$8/M%,#+9c (V$-"$* -$ $+,#V#'$' N 7m?#i,(%#% 3(09**i8#+$ 7mR#4(*,(/%#M/ 8*$V( /9 +9/,*9-$:-( +*9/#+#'$' '( -$ (/1(*0('$'c '(,(*0#/$* (- 4*9/M%,#+9 H(-$,#V$% mH#rM/ X/#+9 m)$+#(/,( /9 +9-$:9*$'9* m I/1(*0('$' f*#(%89 '( '(%$**9--$* (/1(*0('$' *(/$- 4*98*(%#V$g N (-(8#* (*(/$- $V$/S$'$ +9/ *#rM/ 4(p"(r9 " 9:%,*"#'9 '( 19*0$ ,*$,$0#(/,9 #/0"/9%"4*(%9* 0i% $4*94#$'97 :#-$,(*$- mF:(%#'$' 0M*:#'$7 ?(:( *($-#S$*%( :#94%#$ *(/$- (/ ,9'9% -9% 4$+#(/,(% +9/ -"4"% (*#,(0$,9%9 %#%,U0#+9 fJIDg p"( 4*(%(/,(/ 3(0$,"*#$ 8-90(*"-$*c 4*9,(#/"*#$ v\7T 8*$095'.$c '(,(*#9*9 '( -$ 1"/+#M/ *(/$-c %./'*90( /(1*M,#+9 N59 /(1*.,#+9c 9 %('#0(/,9 "*#/$*#9 $+,#V97 J9% 3$--$S89% '( -$ :#94%#$ *(/$- 4(*0#,#*i/ (%,$:-(+(* 9 +-$%#1#+$* -$ 8*$V('$' '( -$ /(1*#,#% -X4#+$c '(,(*0#/$* (- 4*9/M%,#+9 *(/$- $ +9*,9 N -$*89 4-$S9w N $49N$* (/ -$ ,90$ '( '(+#%#M/ '( #/#+#9 '( ,*$,$0#(/,9 +#,9,M;#+9 N59 %" 09'#1#+$+#M/7 D( *(+90#(/'$ +9/%#'(*$* -$ *($-#S$+#M/ '( :#94%#$ *(/$- (/ 4$+#(/,(% +9/ JID p"( 4*(%(/,$/ 3(0$,"*#$ 0#+*9%+M4#+$ N 4*9,(#/"*#$ 4(*%#%,(/,(7 A/,(% '( *($-#S$* "/$ :#94%#$ *(/$-c %( *(+90#(/'$ (V$-"$* 49* "-,*$%9/98*$1.$ -$ 09*19-98.$ N (,$0$r9 '(- *#rM/7 K/ ,$0$r9 (%,#0$'9 0(/9* '( ,*(% +"$*,9% '(- ,$0$r9 /9*0$- (%4(*$'9 +9/%,#,"N( "/$ +9/,*$#/'#+$+#M/ *(-$,#V$ 4$*$ *($-#S$* -$ :#94%#$7 )*(V#9 $ -$ *($-#S$+#M/ '( "/$ :#94%#$ *(/$- %( '(:( #/V(%,#8$* -$ 4*(%(/+#$ '( #/1(++#M/ $+,#V$ '(- %#%,(0$ "*#/$*#9 $%. +909 -$ 4*(%(/+#$ '( '#i,(%#% 3(09**i8#+$ f$-,(*$+#9/(% (/ -9% ,#(049% '( +9$8"-$+#M/ N +"(/,$ 4-$p"(,$*#$g7 D( '(:( (V#,$* (- +9/%"09 '( $+#'9 $+(,#- %$-#+.-#+9c 9,*9% $/,##/1-$0$,9*#9% /9 (%,(*9#'(9%c $%. +909 $/,#+9$8"-$/,(% 9*$-(% $- 0(/9% "/$ %(0$/$ $/,(% '( *($-#S$* -$ :#94%#$ *(/$-7 I% 4*#9*#,$*#9 "/ +9/,*9- N V#8#-$/+#$ (%,*#+,$ '( -$ 4*(%#M/ $*,(*#$-7 I% #049*,$/,( (/1$,#S$* p"( "/$ :#94%#$ *(/$- 4*949*+#9/$ #/19*0$+#M/ '( -(%#9/(% *(/$-(% $8"'$% N +*M/#+$% (/ "/
I% #049*,$/,( 4*(+#%$* p"( -$ '#%,*#:"+#M/ '( -$% -(%#9/(% 8-90(*"-$*(% (/ -$ /(1*#,#% -X4#+$ (% '#1"%$c 49* -9 p"( %( *(+90#(/'$ +9/%#'(*$* +909 :#94%#$ $'(+"$'$ 4$*$ #/,(*4*(,$+#M/ $p"(--$ p"( ,#(/( $- 0(/9% >\ 8-90U*"-9%7 J$ ,U+/#+$ '( (-(++#M/ 4$*$ 9:,(/(* 0"(%,*$% 3#%,9-M8#+$% *(/$-(% (% -$ :#94%#$ 4(*+",i/($ +9/ 8".$ (+98*i1#+$ (/ ,#(049 *($- +9/ %#%,(0$ '( 4"/+#M/ $",90i,#+97 <('#$/,( (%,$ ,U+/#+$ %( 9:,#(/( 0$,(*#$- %"1#+#(/,( f(/,*( >\ N L\ 8-90U*"-9%g (/ 0i% '(- [Tq '( -9% (/1(*09% +9/ -$ $4$*#+#M/ '( +904-#+$+#9/(% $0(/$S$/,(% 4$*$ -$ V#'$ (/ 0(/9% '(- \c> q '( -$% :#94%#$%7 I- ./'#+( '( $+,#V#'$' f,*$'"+( #/1-$0$+#M/ $8"'$ %"%+(4,#:-( '( %(* 09'#1#+$'$ +9/ (- ,*$,$0#(/,9g N (./'#+( '( +*9/#+#'$' f,*$'"+( +#+$,*#S$+#M/ N '$r9 #**(V(*%#:-(g %9/ 1$+,9*(% 4*9/M%,#+9 '( -$ 1"/+#M/ *(/$-7 J$ *($-#S$+#M/ '( :#94%#$ *(/$- 4(*0#,( ,(/(* "/$ 0(k9* (V$-"$+#M/ '(- (%,$'9 *(/$-c '(,(*0#/$* -$ +-$%( '( /(1*#,#% -X4#+$ N '(,(*0#/$* (./'#+( '( +*9/#+#'$' N $+,#V#'$'7 J$ $'(+"$'$ #/,(*4*(,$+#M/ N +-$%#1#+$+#M/ 3#%,94$,9-M8#+$ *(p"#(*( '( "/ ,(k#'9 4*(%(*V$'9 '( 19*0$ M4,#0$c 4*9+(%$'9 +9/ 3$:#-#'$' ,U+/#+$c +9/ +9*,(% $ O 0#+*$% N %(++#9/$'9 (/ 0X-,#4-(% /#V(-(%7 D( *(p"#(*( ((04-(9 '( ,#/+#9/(% (%4(+#$-(% p"( 4(*0#,$/ "/$ (V$-"$+#M/ +904-(,$ '(- /X0(*9 '( 8-90U*"-9%c +(-"-$*#'$' N $-,(*$+#9/(% '( -$ 4$*(' +$4#-$*7 J$ :#94%#$ *(/$- '( 4$+#(/,(% +9/ %9%4(+3$ '( /(1*#,#% -X4#+$ '(:( %(* (V$-"$'$ +9/ 0#+*9%+94#$ '( -"Sc #/0"/91-"9*(%+(/+#$ N 0#+*9%+94.$ (-(+,*M/#+$7 J$ ,#/+#M/ '( aT
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,03(0$,9;#-#/$ N (9%#/$ (% -$ 0(k9* ,U+/#+$ 4$*$ #'(/,#1#+$* f./'#+( '( $+,#V#'$'c ,#(/(/ "/$ +$-#1#+$+#M/ 0i;#0$ '( LP +U-"-$% #/1-$0$,9*#$% '(/,*9 '(- 8-90U*"-9 N '(/,*9 '(4"/,9%g #/+-"N(/2 4*9-#1(*$+#M/ #/,*$+$4#-$*c 0('#$% -"/$% #/,(*%,#+#97 J$ ,#/+#M/ '( ,*#+*M0#+9 '( <$%%9/ (% X,#- 4$*$ (4#,(-#$-(%c #/1#-,*$+#M/ 49-#09*19/"+-($* 8-90(*"-$*c $%$% '( '(-#/($* -$ (;,(/%#M/ '( 1#:*9%#% #/,(*%,#+#$-c $-$0:*(c ,*90:9% #/,*$+$4#-$*(%c /(+*9%#% 1#:*#/9#'( N 8-90(*"-9(%+-(*9%#%c (%+-(*9%#% V$%+"-$*c ,*90:9 N '(4M%#,9% +$*#9**(;#%c +"(*49% 3(0$,9;.-#/#+9%c V$%+"-#,#% ( #/1-$0$+#M/ #/0"/(% (/,*( -$% $%$% +$4#-$*(% '( -$ 0(0:*$/$ :$%$-7 #/,(*%,#+#$- '#1"%$7 <#(/,*$% p"( -9% +$0:#9% +*M/#+9% f./'#+( '( +*9/#+#'$'c ,#(/(/ "/$ +$-#1#+$+#M/ 0i;#0$ '( >L 4"/,9%g J$ ,#/+#M/ '( )AD f9;#'$+#M/ '(- i+#'9 4(*#M'#+9 '( D+3#11g (% #/+-"N(/2 (%+-(*9%#% 8-90(*"-$*c 3#$-#/9%#% 8-90(*"-$* X,#- 4$*$ (V$-"$* (- (/8*9%$0#(/,9 '( -$ 0(0:*$/$ :$%$- N (%(80(/,$*#$c 1#:*9%#% #/,(*%,#+#$-c $,*91#$ ,":"-$* N 3#$-#/9%#% '(4M%#,9 '( 0$,*#S (;,*$+(-"-$* $%9+#$'$ +9/ -(%#9/(% $*,(*#9-$*7 (%+-(*9%$/,(% 9 4*9-#1(*$,#V$%7 J$ ,#/+#M/ '( <(,(/$0#/$ '( 4-$,$ (% 4$*,#+"-$*0(/,( X,#- (/ -$ #'(/,#1#+$+#M/ '( =9/ *(-$+#M/ $ -$ (-$:9*$+#M/ '( (/%$N9% +-./#+9% (/ 4$+#(/,(% '#%*"4+#9/(% '( -$ 0(0:*$/$ :$%$-c *('"4-#+$+#9/(%c +9/ /(1*#,#% -X4#+$ 4*9-#1(*$,#V$c (- =9-(8#9 A0(*#+$/9 '( (/8*9%$0#(/,9 9 19*0$+#M/ '( (%4#8$% $-*('('9* '( -9% H("0$,9-98.$c %"8#(*( p"( -$% :#94%#$% *(/$-(% %( #/,(*4*(,(/ '(4M%#,9% #/0"/(%7 I- (%,"'#9 '( #/0"/91-"9*(%+(/+#$ +9/ (- D#%,(0$ '( =-$%#1#+$+#M/ @D)5H)D L\\Oc %( '(,(*0#/( ('(,(*0#/$ (- ,#49 N (- 4$,*M/ '( '(4M%#,9 '( +904-(k9% ./'#+( '( $+,#V#'$' N +*9/#+#'$' ( #/+-"%9 p"( -$ :#94%#$ %($ #/0"/(% (/ -$ /(1*#,#% -X4#+$7 I/ 4$+#(/,(% +9/ (V$-"$'$ 49* L $/$,9094$,9-989% +(8$'9% $ -$% +9/'#+#9/(% 0$/#1(%,$+#9/(% +-./#+$% /9 %"8(%,#V$% '( /(1*#,#% -X4#+$c (+-./#+$% '( -9% +$%9%7 3$--$S89 '( '(4M%#,9% '( =>p '(/,*9 '(- "/ 8-90U*"-9 /9 (%+-(*9%9 (% %"8(%,#V9 '( /(1*#,#% -X4#+$7 J$ +-$%#1#+$+#M/ '( -$ /(1*#,#% -X4#+$ '( -$ F*8$/#S$+#M/ <"/'#$'( -$ D$-"' fF
EHAEA<@IBEF J9% 9:k(,#V9% '(- +"#'$'9 N $,(/+#M/ '(- 4$+#(/,( +9/ /(1*#,#% -X4#+$ #/+-"N(/2 -98*$* *(0#%#M/ +904-(,$ '( -$ (/1(*0('$'c 0$/,(/(* -$ 1"/+#M/ *(/$-c *('"+#* -$ #/+#'(/+#$ '( (;$+(*:$+#9/(% '( -$ (/1(*0('$'c +9/,*9-$* 4*9,(#/"*#$ N 1$+,9*(% '( *#(%89 +$*'#9V$%+"-$*c (V$-"$* N 0$;#0#S$* -$ $'3(*(/+#$ ,(*$4U",#+$c *($-#S$* 1$*0$+9V#8#-$/+#$ '( -9% 0('#+$0(/,9% $'0#/#%,*$'9% N (V$-"$* (- *#(%89 '( #/1(++#9/(%7
I- %#%,(0$ '( +-$%#1#+$+#M/ '( -$ D9+#('$' @/,(*/$+#9/$- '( B(1*9-98.$5D9+#('$' '( )$,9-98.$ H(/$- f@D)5H)Dg L\\Oc ",#-#S$ ,(*0#/9-98.$ '#$8/M%,#+$ 0i% +-$*$c 49* -9 p"( 4(*0#,( "/$ 0$N9* +9/%#%,(/+#$ N *(4*9'"+#:#-#'$' (/ -$% #/,(*4*(,$+#9/(% '( -9% 4$,M-989%7 E#(/( "/$ (%,*"+,"*$ :i%#+$ %#0#-$* -$ =-$%#1#+$+#M/ '( -$ F
K/ (/%$N9 +-./#+9 $-($,9*#9 4$*$ (V$-"$* -$ (1#+$+#$ '( *(0#%#M/ *(/$- (/ aO 4$+#(/,(% +9/ /(1*#,#% -X4#+$ N +9/ %(8"#0#(/,9 4*90('#9 '( T $r9%c 4(*0#,#M '(09%,*$* p"( (,*$,$0#(/,9 0(/%"$- +90:#/$'9 '( 0(,#-4*('/#%9-9/$ ~ +#+-919%1$0#'$ faOqg (% %"4(*#9* $ -$ $'0#/#%,*$+#M/ '( +#+-919%1$0#'$ %9-$ fYLqg N 0(,#-4*('/#%9-9/$ %9-$ fL[qgc 4 z \7\\>7 =9/ :$%( (/ $/i-#%#% '( ,$:-$% '( %9:*(V#'$ '( (%,( (/%$N9 +-./#+9c (;#%,( (V#'(/+#$ '( p"( -$ 4*9:$:#-#'$' '( *(0#%#M/ '"*$/,( (- 4(*.9'9 '( (%,"'#9 1"( 0$N9* (/ (- 8*"49 p"( *(+#:#M ,*$,$0#(/,9 +90:#/$'9 (/ +904$*$+#M/ +9/ (8*"49 p"( *(+#:#M %9-9 $'0#/#%,*$+#M/ 0(/%"$- '( :9-9% '( 0(,#-4*('/#%9-9/$ f) ƒ \7\Lag7
K/$ -#0#,$+#M/ '(- D#%,(0$ '( =-$%#1#+$+#M/ '( -$ @D)5H)D L\\Oc (% p"( 0#/#0#S$ -$% '#1(*(/+#$% 4$,9-M8#+$% N '(%(/-$+(% (/,*( -$% =-$%(% @]mD N @]m!c -9 +"$- ,#(/( "/$ #049*,$/,( *(4(*+"%#M/ (/ (- ,*$,$0#(/,9 N 4*9/M%,#+9 '(4$+#(/,( I;#%,( "/$ %":+-$%#1#+$+#M/ p"( 4*949*+#9/$ "/ $/i-#%#% %(0#+"$/,#,$,#V9 '( -(%#M/ *(/$- $8"'$ N +*M/#+$ f(%+$-$ '( \ $ O +*"+(%g7 J9% 0$*+$'9*(% '( -(%#M/ $8"'$
J$ $'0#/#%,*$+#M/ 0(/%"$- '( :9-9% '( 0(,#-4*('/#%9-9/$ (% 0(/9% (1(+,#V$ 4$*$ -98*$* *(0#%#M/ *(/$- (/ +904$*$+#M/ $ -$ $'0#/#%,*$+#M/ 0(/%"$- '( :9-9% '( +#+-919%1$0#'$ %9-$7 D#/ (0:$*89c -$ 0$N9* (1#+$+#$ %( -98*$ +9/ -$ $'0#/#%,*$+#M/ +90:#/$'$ '( 0(,#-4*('/#%9-9/$ ~ +#+-919%1$0#'$7
aY
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0(% "/$ #/,(*V(/+#M/ ,(*$4U",#+$ '( (-(++#M/ 4$*$ -98*$* J$ 4*949*+#M/ '( 4$+#(/,(% p"( ,#(/(/ *(+$.'$ '(%4"U% '( $-+$/S$* -$ *(0#%#M/ N 0$/,(/(*-$ 49* "/ $r9c (% 0$N9* (/ (*(0#%#M/ '( -$ /(1*#,#% -X4#+$ ( #/+-"%9 %"4(*#9* $ -$ 8*"49 '( 4$+#(/,(% p"( *(+#:(/ :9-9% '( 0(,#-4*('/#%9-9/$ $'0#/#%,*$+#M/ '( $S$,#94*#/$ N (%,(*9#'(%7 (/ 09/9,(*$4#$ fP '( >>tOYqugc (/ +904$*$+#M/ $- 8*"49 p"( ?#V(*%9% (/%$N9% +-./#+9% $-($,9*#S$'9% N +9/,*9-$'9% *(+#:( :9-9% '( +#+-919%1$0#'$ (/ 09/9,(*$4#$ f> '( >P tZqugc '(09%,*$*9/ p"( -$ +#+-919%1$0#'$c $'0#/#%,*$'$ ,$/,9 V.$ 0#(/,*$% p"( (/ (- 8*"49 p"( *(+#:( (- ,*$,$0#(/,9 9*$- +909 (/ :9-9% #/,*$V(/9%9%c (% "/$ #/,(*V(/+#M/ (1(+,#V$ +90:#/$'9 -$ 4*949*+#M/ (% '( \q c 4ƒ\7\>Y7 I% #049*,$/,( (/ (- ,*$,$0#(/,9 '( -$ /(1*#,#% -X4#+$ 8*$V(7 J$% 4$",$% '( +9/%#'(*$* -#0#,$+#9/(% '(- (%,"'#9c +9/ *(-$+#M/ $ ,$0$r9 '( ,*$,$0#(/,9 p"( #/+-"N(/ +#+-919%1$0#'$ 4*(%(*V$/ 0(k9* -$ 0"(%,*$c %(%89% '( %(-(++#M/c +9/,*9- '( V$*#$:-(% 1"/+#M/ *(/$- N '#%0#/"N(/ 0i% -$ 4*9:$:#-#'$' '( 4*98*(%#M/ 49,(/+#$-0(/,( +9/1"%9*$% N (- 3(+39 '( /9 $-+$/S$* *(/$- p"( -$ 09/9,(*$4#$ +9/ 8-"+9+9*,#+9#'(%c $"/p"( /9 %#8/#1#+$/+#$ (%,$'.%,#+$7 $"0(/,$/ -$ %"4(*V#V(/+#$ 8(/(*$- '( -9% 4$+#(/,(%7 I;#%,( (V#'(/+#$ +9/%#%,(/,( '( p"( -$ $'0#/#%,*$+#M/ =9/ *(-$+#M/ $ -$ (1#+$+#$ N %(8"*#'$' '( -$ $'0#/#%,*$+#M/ +90:#/$'$ '( :9-9% '( 0(,#-4*('/#%9-9/$ ~ +#+-919%1$0#'$ #/,(*0#,(/,( '( :9-9% '( +#+-919%1$0#'$ 0i% V(*%"% :9-9% '( +#+-919%1$0#'$ 9 0(,#-4*('/#%9-9/$ %9-9%c 0(,#-4*('/#%9-9/$ V(*%"% +#+-919%1$0#'$ 9*$5 0(k9*$ (- '(%(/-$+( *(/$- (/ 4$+#(/,(% +9/ /(1*#,#% -X4#+$c 0(,#-4*('/#%9-9/$ '( 19*0$ +9/,#/"$c "/ (/%$N9 +-./#+9 9:%(*Vi/'9%( "/$ 0(/9* 1$--$ $- ,*$,$0#(/,9 f4ƒ\7\\Lg N /9 +9/,*9-$'9 $-($,9*#9 $:#(*,9 N 0"-,#+U/,*#+9 +9/ %(8"#0#(/,9 +9/1#(*( *#(%89 $'#+#9/$- '( (V(/,9% $'V(*%9%7 J$ %"4(*#9* $ O $r9%c +9/+-"N( p"( /9 (;#%,( '#1(*(/+#$ $'0#/#%,*$+#M/ '( +#+-919%1$0#'$ %( $%9+#$ +9/ #/+*(0(/,9 '( (%,$'.%,#+$0(/,( %#8/#1#+$,#V$ (/ -$ (1#+$+#$ N %(8"*#'$' (/,*( #/1(++#9/(% 8*$V(%c 3(*4(% S9%,(*c 1$--$ 9Vi*#+$ N ,9;#+#'$' $0:9% ,*$,$0#(/,9%7 I% #049*,$/,( %(r$-$* p"( (%,( (%,"'#9 3(0$,9-M8#+$ f-("+94(/#$c $/(0#$ N $4-$%#$ '( 0U'"-$ M%($g7 ,"V9 "/$ #049*,$/,( -#0#,$+#M/ 0(,9'9-M8#+$c $- /9 ,(/(* "/ D( *(+90#(/'$ -$ $'0#/#%,*$+#M/ +90:#/$'$ '( :9-9% 49'(* (%,$'.%,#+9 %"1#+#(/,( 4$*$ (%,$:-(+(* '#1(*(/+#$% +9/ 0(/%"$-(% '( 0(,#-4*('/#%9-9/$ f'9%#% '( > 8*50Lg ~ :9-9% *(-$+#M/ $ (1#+$+#$7 '( +#+-919%1$0#'$ f'9%#% '( > 8*$0950L '( %"4(*1#+#( J$ $'0#/#%,*$+#M/ #/,*$V(/9%$ '( :9-9% '( +#+-919%1$0#'$ %( +9*49*$- ,9,$-g 4$*$ -98*$* *(0#%#M/ *(/$- N *('"+#* -$ $%9+#$ $ 0(/9* #/+#'(/+#$ '( $0(/9**($c '( +#%,#,#% 4*9:$:#-#'$' '( *(+$.'$ (/ 4$+#(/,(% +9/ /(1*#,#% -X4#+$7 J$ 3(09**i8#+$ N '( ,"09*(% (/ +904$*$+#M/ +9/ -$ $'0#/#%,*$+#M/ '( (%,(*9#'(% (/ +90:#/$+#M/ +9/ $'0#/#%,*$+#M/ V.$ 9*$-7 K/ (/%$N9 +-./#+9 +9/,*9-$'9 +#+-919%1$0#'$ (/ 4$+#(/,(% +9/ /(1*#,#% -X4#+$ 4*9-#1(*$,#V$ 3$ $-($,9*#S$'9 '(09%,*M 0('#$/,( (- $/i-#%#% '( :#94%#$ *(/$'(09%,*$'9 %(* (1(+,#V$ +9/,*$ -$ 4*98*(%#M/ $ (/1(*0('$' p"( -$ $'0#/#%,*$+#M/ '( :9-9% '( +#+-919%1$0#'$ '"*$/,( L *(/$- ,(*0#/$-7 $r9% *(,*$%$ -$ 4*98*(%#M/ '( -(%#9/(% +*M/#+$% '( 19*0$ 0i% K/ (/%$N9 +-./#+9 +9/,*9-$'9 $-($,9*#9 /9 +(8$'9 '( aZ (1(+,#V$ p"( -$ $'0#/#%,*$+#M/ '( $S$,#94*#/$ ~ :9-9% '( 4$+#(/,(% +9/ /(1*#,#% -X4#+$ 4*9-#1(*$,#V$ N %(8"#0#(/,9 0(,#-4*('/#%9-9/$ f4ƒ\7\Tg7 A-8"/9% $",9*(% %"8#(*(/ (-(8#* 4*90('#9 '( T7Z $r9%c (V$-"M -$ (1#+$+#$ '( -$ $'0#/#%,*$+#M/ -$ $'0#/#%,*$+#M/ #/,(*0#,(/,( '( +#+-919%1$0#'$ '(:#'9 $ #/,*$V(/9%$ '( :9-9% '( +#+-919%1$0#'$ ~ 4*('/#%9/$ 9*$p"( 3$ '(09%,*$'9 %(* 0(k9* ,9-(*$'$ N %( $%9+#$ $ 0(/9*(% V(*%"% :9-9% '( 0(,#-4*('/#%9-9/$ ~ $S$,#94*#/$7 D"% (1(+,9% $'V(*%9% 8*$V(%7 3$--$S89% 4*#/+#4$-(% %(r$-$/ p"( /9 %( (/+9/,*M '#1(*(/+#$ J$ $'0#/#%,*$+#M/ '( $S$,#94*#/$ ~ 0(,#-4*('/#%9-9/$ 4"('( (%,$'.%,#+$0(/,( %#8/#1#+$,#V$ fHH P7>c @= [Tq \7amL\7Pg (/,*( +9/%#'(*$*%( +909 94+#M/ ,(*$4U",#+$ '( #/'"++#M/ '( -9% 8*"49%c +9/ *(-$+#M/ $ -$ #/+#'(/+#$ $+"0"-$'$ '( *(0#%#M/ X/#+$0(/,( (/ 4$+#(/,(% p"( ,#(/(/ #/,(*U% *(0#%#M/ *(/$- +904-(,$ 9 4$*+#$-c %"8#*#(/'9 p"( -$ (1#+$+#$ 0$/#1#(%,9 '( (0:$*$S9c +9/ $-,9 *#(%89 '( 1$--$ 9Vi*#+$ (/ #/'"++#M/ '( -$ *(0#%#M/ (% +904$*$:-(c /9 9:%,$/,( %( 4*(0$,"*$ N p"( $+(4,$/ (- *#(%89 (/ #/+*(0(/,9 '( 9:%(*VM "/ 0$N9* /X0(*9 '( *(+$.'$% N 4*9+(%9% #/1(++#9%9% (;$+(*:$+#9/(% '( (/1(*0('$' N (V9-"+#M/ $ +*9/#+#'$'7 K/ (/ (- 8*"49 +9/ $S$,#94*#/$7 (/%$N9 +-./#+9 +9/,*9-$'9 $-($,9*#9 N 0"-,#+U/,*#+9 *($-#S$'9 (/ 4$.%(% ("*94(9% +904$*9 -$ (1#+$+#$ N (1(+,#V#'$' '( -$ I- (%,"'#9 '( !*99,%+39-,(/ = N +9-%c ,#(/( #049*,$/,(% -#0#,$+#9/(% +9/ *(-$+#M/ $ -$ #/,(*4*(,$+#M/ '( %"% $'0#/#%,*$+#M/ '( '9%#% $-,$% '( +#+-919%1$0#'$ f'9%#% *(%"-,$'9%c (/,*( (--9% '(%,$+$/2 %(%89% '( *(1(*(/+#$c 49:*( $+"0"-$'$ '( a 8*$09%g V(*%"% '9%#% :$k$% '( +#+-919%1$0#'$ 49'(* '(- (%,"'#9c %(8"#0#(/,9 $ +9*,9 4-$S9c 49:*( ,$0$r9 f'9%#% $+"0"-$'$ '( O 8*$09%g (/ [\ 4$+#(/,(% +9/ /(1*#,#% '( 0"(%,*$ N %(%89% '( %(-(++#M/7 K/$ %(*#( '( (/%$N9% -X4#+$ 4*9-#1(*$,#V$ '"*$/,( "/ %(8"#0#(/,9 4*90('#9 '( P> +-./#+9% +9/,*9-$'9% 4(*0#,(/ +9/+-"#* p"( -$ +#+-919%1$0#'$ 0(%(%7 J9% 3$--$S89% 4*#/+#4$-(% /9 09%,*$*9/ '#1(*(/+#$% aZ
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0(/,*( -9% 8*"49% +9/ *(-$+#M/ $ *(0#%#M/ *(/$-c (;$+(*:$+#M/c *('"++#M/ '(- *#(%89 '( #/1(++#M/ HH \7YT @= [Tq \7T> $ \7aLc ./'#+( '( $+,#V#'$' '( -$ (/1(*0('$'c /#V(-(% %U*#+9% '( 4z\7\\>7 )9* 9,*$ 4$*,(c -$ +904$*$+#M/ '( 0#+91(/9-$,9 '( +*($,#/#/$c $-:X0#/$c =O N 4*9,(#/"*#$ (/ 9*#/$ '( LP 39*$%7 091(,#-9 +9/ $S$,#94*#/$ +909 ,*$,$0#(/,9 '( 0$/,(/#0#(/,9 /9 '(09%,*M '#%0#/"+#M/ (/ -$ #/+#'(/+#$ '( I- (%,"'#9 I"*9mJ"4"% B(43*#,#% E*#$-c (V$-"M -$ *(%4"(%,$ $0"(*,(c (/1(*0('$' *(/$- ,(*0#/$- N *#(%89 '( *(+$.'$7 B9 %( ,*$,$0#(/,9 '( -$ /(1*#,#% 4*9-#1(*$,#V$ $- +904$*$* '9%#% $-,$% 9:%(*V$*9/ '#1(*(/+#$% %#8/#1#+$,#V$% +9/ *(-$+#M/ $- *#(%89 '( '( +#+-919%1$0#'$ #/,*$V(/9%$ f> 8*$0950Lc 0(/%"$- 49* Y $0(/9**($ N 3(*4(% S9%,(* (/,*( 0#+91(/9-$,9 '( 091(,#-9 N 0(%(% N 49%,(*#9*0(/,( +$'$ O 0(%(%g V(*%"% '9%#% :$k$% '( $S$,#94*#/$7 +#+-919%1$0#'$ #/,*$V(/9%$ f'9%#% 1#k$ '( T\\ 08c +$'$ >T '.$% 49* ,*(% 0(%(%g x*U8#0(/ I"*9m J"4"%y 7I/ $0:9% :*$S9% %( K/$ *(V#%#M/ %#%,(0i,#+$ N 0(,$$/i-#%#% '( P (/%$N9% +-./#+9% $'0#/#%,*M $S$,#94*#/$ fL 085|85'.$g L %(0$/$% '(%4"U% '( -$ +9/,*9-$'9% f#/+-"%#M/ '( LYa 4$+#(/,(% +9/ /(1*#,#% -X4#+$g X-,#0$ $'0#/#%,*$+#M/ '( +#+-919%1$0#'$7 =9/ :$%( (/ "/ (V$-"M (- *#(%89 '( 1$--$ '( *(0#%#M/ *(/$- (/ 4$+#(/,(% +9/ %(8"#0#(/,9 '( >\ $r9% %( +9/+-"NM p"( /9 (;#%,( '#1(*(/+#$ /(1*#,#% -X4#+$ p"( 1"(*9/ ,*$,$'9% +9/ 0#+91(/9-$,9 '( (/ -$ (1#+$+#$ (/,*( $0:9% 8*"49%c (%4(+.1#+$0(/,( (/ -$ 091(,#-9 +904$*$'9 +9/ +#+-919%1$0#'$7 D( 9:%(*VM p"( -9% 4*949*+#M/ '( 0"(*,(c (-(V$+#M/ %9%,(/#'$ '( +*($,#/#/$ 4$+#(/,(% p"( *(+#:(/ 0#+91(/9-$,9 ,#(/(/ "/ *#(%89 0(/9* %U*#+$ N (- '(%$**9--9 '( (/1(*0('$' *(/$- E(*0#/$-7 '( 1$--$ (/ (- ,*$,$0#(/,9 '( #/'"++#M/ '( -$ *(0#%#M/ HH 7Z\ @= [Tq \7TP $ \7[\c 4ƒ\7\\P7)9* 9,*$ 4$*,(c /9 %( 9:%(*VM "/$ J$ $'0#/#%,*$+#M/ '( '9%#% :$k$% '( +#+-919%1$0#'$ *('"++#M/ %#8/#1#+$,#V$ (/ (- *#(%89 '( 0"(*,( N (/1(*0('$' #/,*$V(/9%$ %( $%9+#$ +9/ "/$ (;+(-(/,( ,9-(*$/+#$c *('"++#M/ *(/$- ,(*0#/$- (/,*( 0#+91(/9-$,9 '( 091(,#-9 N (/ (- ,#(049 '( #/1"%#M/ '(- 1i*0$+9c *('"+( -$ /(+(%#'$' '( +#+-919%1$0#'$ HH \7OT @=[Tq \7>\m>7LLc 4ƒ\7>\7 J$% (04-($* $/,#(0U,#+9% ( 3#'*$,$+#M/ 19*S$'$c *('"+( -$ '9%#% *(V#%#9/(% %#%,(0i,#+$% N 0(,$$/i-#%#% 4*(%(/,$/ -#0#,$+#9/(% $+"0"-$'$c -$ 1*(+"(/+#$ '( (1(+,9% %(+"/'$*#9% N (/ -$ #/,(*4*(,$+#M/ '( %"% *(%"-,$'9%c '(%,$+$/'9 49* %" 4*9:$:-(0(/,( (- +9%,9 '( $,(/+#M/7 #049*,$/+#$2 '#1(*(/+#$ (/ -$ '9%#% N V.$ '( $'0#/#%,*$+#M/ '( -9% 1i*0$+9%c U,/#$c *$S$c %(;9c $%. +909 -#0#,$+#9/(% F,*9 (/%$N9 +-./#+9 +9/,*9-$'9 $-($,9*#S$'9 (/ 49:-$+#M/ 0(,9'9-M8#+$% *(-$+#9/$'$% +9/ %(%89% '( %(-(++#M/c (8#4+#$ 0"(%,*$ 3$--$S89% +9/%#%,(/,(% +9/ *(-$+#M/ $ p"( -$ +(8$0#(/,9c ,#(049 '( %(8"#0#(/,9 N ,$0$r9 '( -$ 0"(%,*$ $'0#/#%,*$+#M/ '( '9%#% :$k$% '( +#+-919%1$0#'$ #/,*$V(/9%$ '( -$% 49:-$+#9/(% (/ (%,"'#9c 49* -9 p"( %" (;,*$49-$+#M/ %(8"#'9 '( $S$,#94*#/$ +904$*$'9 +9/ '9%#% $-,$% '( '(:( %(* +9/%#'(*$'$ +9/ +$",(-$7 +#+-919%1$0#'$ %(8"#'9 '( $S$,#94*#/$ ,#(/(/ *(%"-,$'9% %#0#-$*(% 4$*$ $-+$/S$* ( #/'"+#* *(0#%#M/ (/ 4$+#(/,(% +9/ K/$ *(V#%#M/ %#%,(0i,#+$ N 0(,$$/i-#%#% '( T (/%$N9% +-./#+9% /(1*#,#% -X4#+$ 4*9-#1(*$,#V$7 =9/ :$%( (/ -9% 3$--$S89% +9/,*9-$'9% N >a (%,"'#9% '( +939*,( %9:*( -$ (1#+$+#$ N '(%+*#,9% +9/ -$ $'0#/#%,*$+#M/ '(- x*U8#0(/ I"*9m J"4"%y %( %(8"*#'$' '( 0#+91(/9-$,9 '( 091(,#-9 (/ 4$+#(/,(% +9/ %"8#(*( -$ $'0#/#%,*$+#M/ '( '9%#% :$k$% '( +#+-919%1$0#'$ /(1*#,#% -X4#+$c 0"(%,*$ p"( -$ $'0#/#%,*$+#M/ '( 0#+91(/9-$,9 %(8"#'9 '( $S$,#94*#/$ (/ (- ,*$,$0#(/,9 '( 4$+#(/,(% +9/ '( 091(,#-9 f> $ O 8*$09%5'.$g +904$*$'9 +9/ +#+-919%1$0#'$ /(1*#,#% -X4#+$ 4*9-#1(*$,#V$7 ~ (%,(*9#'(c 4*9'"+( "/$ *(0#%#M/ *(/$- +904-(,$ N 4$*+#$I% #049*,$/,( +9/%#'(*$* $-8"/$% -#0#,$+#9/(% (/ -$ (;,*$49-$+#M/ fV$-#'(S (;,(*/$g '( -9% *(%"-,$'9% 9:,(/#'9% '( -$ $'0#/#%,*$+#M/ '(- x*U8#0(/ I"*9mJ"4"%yc ,$-(% +9092 (,/#$ '( -$ 49:-$+#M/ '( (%,"'#9c ,$0$r9 '( -$ 0"(%,*$c 8*$'9 '( %(V(*#'$' N $+,#V#'$' '( -$ $1(++#M/ *(/$- $- 090(/,9 '( #/8*(%$* $- (%,"'#9c 4*(%(/+#$ N59 +9/,*9- '( 1$+,9*(% '( 0$4*9/M%,#+9 '( '(%(/-$+( *(/$- $%9+#$'9%c +909 3#4(*,(/%#M/ $*,(*#$- ( #/+-"%9 (- 8*$'9 '( $'3(*(/+#$ ,(*$4U",#+$ '( -9% 4$+#(/,(%7 K/ 0(,$ $/i-#%#% '( T (/%$N9% +-./#+9% +9/,*9-$'9%c *($-#S$'9% (/,*( (- $r9 L\\\mL\\Tc %9:*( (- "%9 '( 0#+91(/9-$,9 '( 091(,#-9 (/ O\Z 4$+#(/,(% +9/ /(1*#,#% -X4#+$ '(09%,*M "/$ 0$N9* (1#+$+#$ 4$*$ #/'"+#* *(0#%#M/ +904-(,$ '( /(1*#,#% -X4#+$ (/ +904$*$+#M/ +9/ -$ $'0#/#%,*$+#M/ '( :9-9% '( +#+-919%1$0#'$ HH \7YYc 4ƒ\7\P7 E$0:#U/ %( 9:%(*V9
%#8/#1#+$,#V$0(/,( 0$N9*c +9/ "/ /X0(*9 /(+(%$*#9 $ ,*$,$* '( a f@= [Tq P7O $ Y\g 4$*$ #/'"+#* "/$ *(%4"(%,$ +904-(,$ 9 4$*+#$- $'#+#9/$-7 J$ 1*(+"(/+#$ '( 0"(*,( 1"( 0(/9* (/ (8*"49 '( 091(,#-9 f\7Zqc> 0"(*,( (/ >TL 4$+#(/,(%g V(*%"% +#+-919%1$0#'$ fZ7aqc >L 0"(*,(% (/ >TP 4$+#(/,(%g +9/ "/$ /X0(*9 /(+(%$*#9 $ ,*$,$* 4$*$ 4*(V(/#* "/$ 0"(*,( '( >P f@= [Tq a $ Pag7 I- ,*$,$0#(/,9 +9/ 0#+91(/9-$,9 091(,#-9 +9/%#8"( "/$ 0$N9* 4*949*+#M/ '( *(0#%#9/(% f+904-(,$% N 4$*+#$-(%gc 0(/9* 09*,$-#'$'c 39%4#,$-#S$+#9/(% N 0(/9*(% (1(+,9% %(+"/'$*#9% 8*$V(%7 D#/ (0:$*89c ,#(/( -#0#,$+#9/(% 0(,9'9-M8#+$% 4*#/+#4$-0(/,( '(:#'9 $ %(%89% '( %(-(++#M/ N %(%89% '( +-$%#1#+$+#M/7
aa
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0H(+#(/,(0(/,( "/ (/%$N9 +-./#+9 $-($,9*#S$'9 0"-,#/$+#9/$-c K/ (/%$N9 +-./#+9 +9/,*9-$'9 $-($,9*#S$'9 '(09%,*M p"( -$ (/ (- p"( %( #/+-"N(*9/ OZ\ 4$+#(/,(% +9/ /(1*#,#% -X4#+$ =-$%( #/+#'(/+#$ '( #/1(++#M/ (/ 4$+#(/,(% +9/ /(1*#,#% -X4#+$ @@@c @] N ]c (V$-X9 -$ (1#+$+#$ N %(8"*#'$' '( 0#+91(/9-$,9 '( ,*$,$'9% +9/ i+#'9 0#+91(/M-#+9 1"( '( > (/ LOP 4$+#(/,(m 091(,#-9 V(*%"% +#+-919%1$0#'$ #/,*$V(/9%$ 4$*$ -98*$* 0(% 0#(/,*$% p"( (/ (- 8*"49 p"( *(+#:#M +#+-919%1$0#'$ ~ #/'"++#M/ '( -$ *(0#%#M/7 D"% 3$--$S89% 4*#/+#4$-(% 0"(%,*$/ $S$,#94*#/$ 1"( '( > (/ >\L7T 4$+#(/,( 5 0(% fHHc L7La> @= p"( -$ $'0#/#%,*$+#M/ '( 0#+91(/9-$,9 '( 091(,#-9 /9 [Tq \7[Y\ $ T7POLc 4ƒ\7\YLg7 I% #049*,$/,( 0$/,(/(* 0"(%,*$ %"4(*#9*#'$' %9:*( +#+-919%1$0#'$ #/,*$V(/9%$ 4$*$ (%,*(+3$ V#8#-$/+#$ '( (1(+,9% %(+"/'$*#9% '( 0#+91(/9-$,9 '( (%,$:#-#S$* 9 0(k9*$* -$ +*($,#/#/$ %U*#+$ HH >7> @= [Tq \7a $ 091(,#-9c -9% +"$-(% %9/ 4*#/+#4$-0(/,( 8$%,*9#/,(%,#/$-(%c >7ac 4ƒ\7Tac 0#(/,*$% p"( -$ *(0#%#M/ +904-(,$ 1"( %#0#-$* '(/,*9 '( -9% p"( %( #/+-"N(/2 '#$**($c /i"%($ N VM0#,97 (/,*( $0:9% 8*"49% ( #/+-"%9 /9 %( (/+9/,*M '#1(*(/+#$ (/,*( I/ (- ,*$,$0#(/,9 '( #/'"++#M/ N 0$/,(/#0#(/,9 '( -$ /(1*#,#% -$ 1*(+"(/+#$ '( (V(/,9% $'V(*%9% 9 #/1(++#9/(%7 -X4#+$ 4*9-#1(*$,#V$c %( 4"('( *(+90(/'$* -$ $'0#/#%,*$+#M/ %(+"(/+#$- '( #/0"/9%"4*(%9*(%c (%4(+.1#+$0(/,( -$ K/ (%,"'#9 4*9%4(+,#V9 0"-,#+U/,*#+9 (/ L>O 4$+#(/,(% +9/ /(1*#,#% -X4#+$ $+,#V$ '(0"(%,*$ '( 19*0$ +9/%#%,(/,( p"( -$ $'0#/#%,*$+#M/ '( +#+-919%1$0#'$ 0(/%"$- #/,*$V(/9%$ f'9%#% $'0#/#%,*$+#M/ '( i+#'9 0#+91(/M-#+9 '"*$/,( LP %(0$/$% '( \7T $ > 8*$0950L '( %"4(*1#+#( +9*49*$-g '"*$/,( "/ 4(*0#,( "/$ *(0#%#M/ '( 3$%,$ (- aL7Yq f*(0#%#M/ +904-(,$c 4(*.9'9 '( Y 0(%(%c %(8"#'$ '( -$ $'0#/#%,*$+#M/ '( :9-9% '( OP7Oqw *(0#%#M/ 4$*+#$-c Pa7Pqg7 +#+-919%1$0#'$ ,*#0(%,*$-c 0#+91(/9-$,9 '( 091(,#- fT\\ $ Oc\\\ 085'.$g 9 $S$,#94*#/$ f> $ O 085|85'.$g7 I%,$ 94+#M/ J$ $'0#/#%,*$+#M/ '( 0#+91(/9-$,9 '( 091(,#-9 4"('( %(* ,(*$4U",#+$ (% +9/%#'(*$'$ (1#+$S N %(8"*$ '"*$/,( "/ +9/%#'(*$'9 +909 "/$ $-,(*/$,#V$ '( ,*$,$0#(/,9 4$*$ %(8"#0#(/,9 '( O $r9% (/ +904$*$+#M/ +9/ -$ $'0#/#%,*$+#M/ #/'"++#M/ '( -$ *(0#%#M/ (/ 4$+#(/,(% +9/ /(1*#,#% -X4#+$ %#/ $ -$*89 4-$S9 '( :9-9% '( +#+-919%1$0#'$7 '#%1"/+#M/ *(/$- 8*$V( (/ "/$ '9%#% '( > $ O 8*$09%5'.$7 I/ 4$+#(/,(% +9/ /(1*#,#% -X4#+$ 4*9-#1(*$,#V$c -$ ,(*$4#$ '( I- i+#'9 0#+91(/M-#+9 +9/%,#,"N( "/$ #/,(*V(/+#M/ ,(*$4U",#+$ 0$/,(/#0#(/,9 +9/ 091(,#- 9 $S$,#94*#/$ (% 0i% (1#+$S N (1#+$S N %(8"*$ (/ (- ,*$,$0#(/,9 '( 4$+#(/,(% +9/ %(8"*$ p"( -$ $'0#/#%,*$+#M/ '( +#+-919%1$0#'$ V.$ 8-90(*"-9/(1*#,#% -X4#+$ 4*9-#1(*$,#V$ p"( /9 *(%49/'(/ 9 /9 #/,*$V(/9%$7 I/ "/ %(8"#0#(/,9 $ ZL 0(%(% -$ 4*9:$:#-#'$' '( ,9-(*$/ (1(+,9% '( ,9;#+#'$' $%9+#$'9% $ +#+-919%1$0#'$ 0"(*,( 9 #/%"1#+#(/+#$ *(/$- ,(*0#/$- 1"( 0(/9* (/ -9% 8*"49% f,*$,$0#(/,9 +9/V(/+#9/$-g7 D( 9:%(*VM *(0#%#M/ +904-(,$ (/ p"( *(+#:#(*9/ 091(,#- 9 $S$,#94*#/$ V(*%"% +#+-919%1$0#'$ >\5>a 4$+#(/,(% #/+-"#'9% (/ (- (%,"'#9c +9/ '#%0#/"+#M/ '( f4ƒ\7\T N 4ƒ\7\\[c *(%4(+,#V$0(/,(g7 J$ ,$%$ '( 4*9,(#/"*#$ %#8/#1#+$,#V$ $ -9% >L 0(%(% f4 ƒ \7\\Pg N %"4(*V#V(/+#$ -#:*( '( *(+$.'$% 1"( %#8/#1#+$,#V$0(/,( 0$N9* %('#0(/,9 "*#/$*#9 /9*0$- $ -9% >L 0(%(% f4 ƒ \7\\Lg7 B9 %( (/ (- 8*"49 '( p"( *(+#:#M 091(,#-9 (/ +904$*$+#M/ $- 8*"49 (/+9/,*M *(%4"(%,$ *(/$- (/ -9% 4$+#(/,(% +9/ p"( *(+#:#M +#+-919%1$0#'$ f4ƒ\7\Lg7 8-90(*"-9/(1*#,#% -X4#+$ 0(0:*$/9%$7 I;#%,( (V#'(/+#$ '( p"( -$ $'0#/#%,*$+#M/ '( $S$,#94*#/$ +909 K/ (%,"'#9 9:%(*V$+#9/$- 4*9%4(+,#V9 0"-,#+U/,*#+9c ,(*$4#$ '( 0$/,(/#0#(/,9 (/ 4$+#(/,(% p"( *(%49/'#(*9/ $ '9+"0(/,M p"( -$ $'0#/#%,*$+#M/ '( i+#'9 0#+91(/M-#+9 +#+-919%1$0#'$ %( $%9+#$ +9/ "/ Yaq '( *('"++#M/ (/ '"*$/,( >L 0(%(% (/ 4$+#(/,(% p"( 4*(%(/,$*9/ 1*$+$%9c *($+,#V$+#M/ *(/$- /(1*.,#+$ f4z\7\\>g $ Y\ 0(%(% '(%4"U% '( #/,9-(*$/+#$ 9 *(+#'#V$ 49%,(*#9* $ -$ $'0#/#%,*$+#M/ '( -$ X-,#0$ '9%#% '( +#+-919%1$0#'$7 J9% *(%"-,$'9% '( "/ (/%$N9 +#+-919%1$0#'$ ~ (%,(*9#'(c (% "/$ $-,(*/$,#V$ $- ,*$,$0#(/,9 +-./#+9 +9/,*9-$'9 $-($,9*#S$'9c (/ (- p"( %( #/+-"N(*9/ aZ '( -$ /(1*#,#% -X4#+$ p"( 4*(%(*V$ -$ 1"/+#M/ *(/$-c -98*$ "/$ 4$+#(/,(%c %"8#(*(/ p"( -$ $'0#/#%,*$+#M/ '( >O :9-9% '( $-,$ ,$%$ '( *(0#%#M/ +9/ :"(/$ ,9-(*$/+#$ 49* 4$*,( '(+#+-919%1$0#'$ 0(/%"$-(% *(,*$%$ '( 19*0$ 0i% (1(+,#V$ -$ 4$+#(/,( N 4(*0#,( *('"+#* %#8/#1#+$,#V$0(/,( -$ '9%#% '( 4*98*(%#M/ '( -(%#9/(% +*M/#+$% (/ (- ,*$,$0#(/,9 '( (%,(*9#'( $%9+#$'$ f4 z \7\>g7 J$ $'0#/#%,*$+#M/ '( i+#'9 4$+#(/,(% +9/ /(1*#,#% -X4#+$ 4*9-#1(*$,#V$ (/ +904$*$+#M/ +9/ 0#+91(/M-#+9 '"*$/,( (- ,*$,$0#(/,9 '( #/'"++#M/ N -$ $'0#/#%,*$+#M/ '( $S$,#94*#/$ ~ [ :9-9% '( 0$/,(/#0#(/,9 '(- 4$+#(/,( +9/ /(1*#,#% -X4#+$ 4*9-#1(*$,#V$ 0(,##-4*('/#%9-9/$7 I;#%,( (V#'(/+#$ '( p"( -$ *(+$.'$ *(/$- (% 3$ '(09%,*$'9 "/$ 0(/9* 1*(+"(/+#$ '( #/1(++#9/(% p"( %#8/#1#+$,#V$0(/,( 0$N9* (/ (- 8*"49 '( 4$+#(/,(% p"( *(+#:( *(p"#(*$/ $'0#/#%,*$+#M/ '( $/,#:#M,#+9 ( #/1(++#9/(% p"( $S$,#94*#/$ ~ 0(,#-4*('/#%9-9/$ (/ +904$*$+#M/ +9/ (- 8*"49 *(p"#(*$/ 39%4#,$-#S$+#M/ +904$*$'$ +9/ 4$+#(/,(% p"( p"( *(+#:( :9-9% '( +#+-919%1$0#'$ ~ 4*('/#%9/$ 9*$- fHH P7[ *(+#:(/ ,*$,$0#(/,9 +90:#/$'9 '( +#+-919%1$0#'$ ~ @=[Tq >7Y $ >Tc 4ƒ\7\\Yg7 I- ,*$,$0#(/,9 +9/ :9-9% '( $S$,#94*#/$ f4ƒ\7\>O N \7\>Pc *(%4(+,#V$0(/,(g7 +#+-919%1$0#'$ f$'0#/#%,*$'$ '"*$/,( "/ 4(*.9'9 '( L $r9%g (% 0i% (1(+,#V$ (/ *(,*$%$* (- #/+*(0(/,9 N -$ 4*98*(%#M/ '( a[
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-(%#9/(% +*M/#+$% (/ 4$+#(/,(% +9/ /(1*#,#% -X4#+$ 4*9-#1(*$,#V$ f'#%0#/"+#M/ '( ./'#+( '( $+,#V#'$' '( a7[ $ L7Lc @= [Tq T7>m (/ +904$*$+#M/ +9/ -$ $'0#/#%,*$+#M/ $S$,#94*#/$ ~ a7Oc 4z\7\\>g7 J$ $'0#/#%,*$+#M/ '( +90:#/$'$ '( 0(,##-4*('/#%9-9/$7 J$ $'0#/#%,*$+#M/ '( $S$,#94*#/$ $ '9%#% -(1-"/90#'( ~ 4*('/#%9/$ '"*$/,( >L 0(%(%c 3$ 09%,*$'9 :$k$% +909 ,(*$4#$ '( 0$/,(/#0#(/,9 (/ 4$+#(/,(% +9/ -98*$* "/$ *('"++#M/ (/ (- ./'#+( '( $+,#V#'$' f>L7Y T7a /(1*#,#% -X4#+$ 4*9-#1(*$,#V$ *('"+( (- *#(%89 '( (;$+(*:$+#M/ V(*%"% P7a L7>c 4z\7\\>g 4(*9 /9 (/ (- ./'#+( '( +*9/#+#'$' *(/$-7 D#/ (0:$*89c %( *(+90#(/'$ (-(8#* '( 19*0$ +*.,#+$ (/ fL7P >7T V(*%"% L7Y >7ac 4v\7\Tg7 J$ %(-(++#M/ '( (- ,*$,$0#(/,9 '( 0$/,(/#0#(/,9c -$ 94+#M/ p"( *('"S+$ -(1-"/90#'( +909 4*#0(*$ (-(++#M/ 4$*$ (- ,*$,$0#(/,9 '( -$ (;$+(*:$+#9/(%c 0#/#0#+( (- *#(%89 '( *(+$.'$ N 4*(%(*V( -$ /(1*#,#% -X4#+$ *(p"#(*( -$ *($-#S$+#M/ '( (/%$N9% +-./#+9% 1"/+#M/ *(/$-7 0(,9'9-M8#+$0(/,( :#(/ '(%$**9--$'9%c +9/ %"1#+#(/,( ,$0$r9 '( 0"(%,*$ N %(8"#0#(/,9 %"4(*#9* $ L $r9% p"( J$ $S$,#94*#/$ (% "/ #/0"/9%"4*(%9* *(-$,#V$0(/,( %(8"*9 N 4(*0#,$/ %"%,(/,$* %" (04-(97 D( '(:( ,90$* (/ +"(/,$ p"( $04-#$0(/,( ",#-#S$'9 +909 $39**$'9* '( (%,(*9#'(%7 E#(/( -(1-"/90#'( (%,$ $%9+#$'9 $ -"4"% #/'"+#'9 49* -$ V(/,$k$ '( p"( 4"('( %(* ",#-#S$'9 '"*$/,( -$ 8(%,$+#M/7 K/ 0('#+$0(/,9% N 4"('( 4*(+#4#,$* -"4"% +",i/(9 %":$8"'97 (/%$N9 +-./#+9 $-($,9*#S$'9 (V$-"M -$ (1#+$+#$ N %(8"*#'$' '( +#+-9%49*#/$ V(*%"% $S$,#94*#/$ +909 ,*$,$0#(/,9 '( K/ (%,"'#9 4*9%4(+,#V9c +9/ %(8"#0#(/,9 4*90('#9 $ L $r9% 0$/,(/#0#(/,9 $ P $r9% 4$*$ 4*(V(/#* (;$+(*:$+#9/(% (/ Y[ (V$-X9 -$ (1#+$+#$ N %(8"*#'$' '( *#,";#0$: f$/,#+"(*49 4$+#(/,(% +9/ /(1*#,#% -X4#+$ 4*9-#1(*$,#V$ '#1"%$7 J9% 3$--$S89% 09/9+-9/$- p"#0U*#+9 +9/,*$ $/,.8(/9 =?L\ 4*(%(/,( (/ -$ '(- (%,"'#9 '(0"(%,*$/ p"( -$ 4*9,(#/"*#$ '#%0#/"NM (/ (%"4(*1#+#( '( -#/19+#,9% ^g (/ >> 4$+#(/,(% +9/ /(1*#,#% -X4#+$ 8*"49 +9/ +#+-9%49*#/$ '( L7a O7TZ $ \7P \7aT 8*$09%5'.$ $+,#V$ N *(1*$+,$*#$c '(09%,*$/'9 $-+$/S$* *(0#%#M/ +904-(,$ f4z\7\\\>g N '( L7L >7[P $ \7T \7Za 8*$09%5'.$ f4z\7\\\Lg (/ Y 4$+#(/,(% N 4$*+#$- (/ T 4$+#(/,(% f,#(049 4*90('#9 '( (/ (- 8*"49 +9/ $S$,#94*#/$c '( 19*0$ ,$- p"( $0:9% P 0(%(%g7 I- 8*$'9 '( 4*9,(#/"*#$ '#%0#/"N9 '( P7Y ,*$,$0#(/,9% ,#(/(/ "/$ (1#+$+#$ %#0#-$* (/ -$ 4*(V(/+#M/ '( 8*$09%5LP 39*$% $- #/8*(%9 $ >7[ 8*$09%5LP 39*$% f4ƒ\7Og7 I/ (;$+(*:$+#9/(% N %9/ $-,(*/$,#V$% +909 ,(*$4#$ '( "/ (%,"'#9 9:%(*V$+#9/$- 4*9%4(+,#V9c %( 9:%(*VM p"( 3$%,$ (0$/,(/#0#(/,97 J$ $'0#/#%,*$+#M/ '( +#+-9%49*#/$ 4"('( %(* T\q '( -9% 4$+#(/,(% (/ p"#(/(% %( $'0#/#%,*9 *#,";#0$:c +9/%#'(*$'$ +909 "/$ 94+#M/ (/ (- ,*$,$0#(/,9 '( (;4(*#0(/,$*9/ *(+$.'$ (/ "/ 4*90('#9 '( >L 0(%(% 0$/,(/#0#(/,9 '( 4$+#(/,(% +9/ /(1*#,#% -X4#+$c '(%4"U% '(- ,*$,$0#(/,97 D#/ (0:$*89c '"*$/,( (- %(8"/'9 4$*,#+"-$*0(/,( (/ 4$+#(/,(% +9/ 4*9,(#/"*#$ 8*$V(7 I% $r9 '( ,*$,$0#(/,9 +9/ *#,";#0$: f'9% '9%#% '( > 8*$09c #049*,$/,( +9/,*9-$* N V#8#-$* -9% (1(+,9% %(+"/'$*#9% ( $'0#/#%,*$'9 +9/ '9% %(0$/$% '( '#1(*(/+#$g %( 9:%(*VM "/$ #/,(*$++#9/(% '( (%,( 1i*0$+9c (%4(+.1#+$0(/,( (- *#(%89 '( *(%4"(%,$ 0i% *i4#'$ p"( '"*$/,( (- 4*#0(* ,*$,$0#(/,9c (/ /(1*9,9;#+#'$'c 3#4(*,(/%#M/ $*,(*#$-c (04(9*$0#(/,9 "/ 4*90('#9 '( L 0(%(%c 4ƒ\7\\>7 J$ *(+$.'$ $- %(8"/'9 ,*$/%#,9*#9 '( -$ 1"/+#M/ *(/$-c 3#*%",#%09c 3#4(*4-$%#$ ,*$,$0#(/,9 %( 9:%(*VM (/ 4*90('#9 $ -9% Z7T 0(%(%7 J$ 8#/8#V$-c ,(0:-9*(% N 4$*(%,(%#$%7 I/ "/ (%,"'#9 $:#(*,9 (/ ($'0#/#%,*$+#M/ '( *#,";#0$: %( $%9+#$ '( 19*0$ +90X/ +9/ p"( %( $'0#/#%,*M ,$+*9-#0"% $ [ 4$+#(/,(% +9/ /(1*#,#% -X4#+$ *($++#9/(% -(V(% N 09'(*$'$%c 0#(/,*$% p"( -$ ,$%$ '( 4*9-#1(*$,#V$ '#1"%$c %( 9:%(*VM $ -9% Y 0(%(% '( ,*$,$0#(/,9 #/1(++#9/(% (% :$k$7 K/ (%,"'#9 9:%(*V$+#9/$- 4*9%4(+,#V9c *(0#%#M/ +904-(,$ (/ (- YZq '( -9% 4$+#(/,(%c +9/ 0(k9*.$ (V$-"M -$ (1#+$+#$ '( *#,";#0$: fP #/1"%#9/(% %(0$/$-(% '( %#8/#1#+$,#V$ (/ 4*9,(#/"*#$c $-:X0#/$ %U*#+$ N =O (/ OZT 0850Lg +90:#/$'9 +9/ 0#+91(/9-$,9 '( 091(,#- fL +904$*$+#M/ +9/ -9% V$-9*(% :$%$-(% $ 4$*,#* '(- %(8"/'9 8*$09%5'.$g 4$*$ -98*$* *(0#%#M/ (/ >\ 4$+#(/,(% +9/ /(1*#,#% 0(%7 D( *(p"#(*( -$ *($-#S$+#M/ '( (/%$N9% +-./#+9% :#(/ -X4#+$ 4*9-#1(*$,#V$ +9/ *(+$.'$ '(09%,*$'9 49* :#94%#$7 D( '(%$**9--$'9% $/,(% '( *(+90(/'$* (- "%9 '( ,$+*9-#0"% (/ 9:%(*VM *(0#%#M/ 4$*+#$- fv T\q '( 0(k9*.$ (/ ,9'9% -9% 4$+#(/,(% +9/ /(1*#,#% -X4#+$7 K/ (%,"'#9 9:%(*V$+#9/$-c 4$*i0(,*9% *(/$-(% $/9*0$-(%g (/ (- a\q '( -9% 4$+#(/,(% $ 4*9%4(+,#V9 N 0"-,#+U/,*#+9c +9/ %(8"#0#(/,9 $ Y 0(%(%c -9% O7T 0(%(%c ,$0:#U/ %( '9+"0(/,M $%9+#$'9 $ -$ *(0#%#M/ (V$-X9 -$ (1#+$+#$ N %(8"*#'$' '( -(1-"/90#'( +904$*$'9 +9/ (/ Z '( >\ 4$+#(/,(%c #/+*(0(/,9 '(- /#V(- '( +904-(0(/,9 N +#+-919%1$0#'$ (/ (- ,*$,$0#(/,9 '( 4$+#(/,(% +9/ /(1*#,#% *('"++#M/ '(- ,.,"-9 '( $/,#+"(*49% $/,#m?BA '( '9:-( -"4#+$ 4*9-#1(*$,#V$ '9+"0(/,$'$ 49* :#94%#$7 =9/ :$%( (/ -9% +$'(/$7 K/ (/%$N9 +-./#+9 $:#(*,9c (V$-"M -9% (1(+,9% +-./#+9% *(%"-,$'9% %( 9:%(*VM p"( $0:9% ,*$,$0#(/,9% 4*949*+#9/$/ ( #/0"/9-M8#+9% '( -$ $'0#/#%,*$+#M/ '( *#,";#0$: (/ LL "/$ (1#+$+#$ %#0#-$* '(- ZOq +9/ *(%4(+,9 $ *(0#%#M/7 J$ 4$+#(/,(% +9/ JID $+,#V9 +9/ $1(++#M/ *(/$- f/(1*#,#% -X4#+$ $'0#/#%,*$+#M/ '( -(1-"/90#'( f'9%#% #/#+#$- '( >085|85'.$ =-$%( @@@ N @]g *(1*$+,$*#9% $ ,*$,$0#(/,9 +9/V(/+#9/$-7 D( 49* O '.$%c %(8"#'9 '( O\ 085'.$ 49* Y 0(%(%g (/ 9:%(*VM *('"++#M/ (/ -$ $+,#V#'$' '( -$ (/1(*0('$' (/ [\q +90:#/$+#M/ +9/ 4*('/#%9/$ 9*$- 3$ 09%,*$'9 "/$ *('"++#M/ '( -9% 4$+#(/,(% f4z\7\Tc e/'#+(
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0*#,";#0$:7 D#/ (0:$*89c /9 9:%(*V$*9/ (1(+,9% %9:*( -9% 0$+*9$-:"0#/"*#$ N *('"+(/ (- 8*$'9 '( 4*9,(#/"*#$7 J9% /#V(-(% '( +904-(0(/,9 N /#V(-(% '( $",9 $/,#+"(*49% #/3#:#'9*(% '( (/S#0$ +9/V(*,#'9*$ '( $/8#9,(/%#/$ *('"+(/ 4v\7\T7 K/ (%,"'#9 *(,*9%4(+,#V9 (V$-X9 -$ (1#+$+#$ '( (- *#(%89 '( 4*98*(%#M/ $ (/1(*0('$' *(/$- ,(*0#/$-7 J$ *#,";#0$: 4$*$ -98*$* *(0#%#M/ (/ >L 4$+#(/,(% +9/ +90:#/$+#M/ '( #/3#:#'9*(% '( (/S#0$ +9/V(*,#'9*$ '( 8-90(*"-9/(1*#,#% *(1*$+,$*#$ fY 4$+#(/,(% +9/ *(+$.'$ N (/ L $/8#9,(/%#/$ f@I=Ag +9/ :-9p"($'9*(% '( *(+(4,9* '( 4$+#(/,(% +909 ,*$,$0#(/,9 '( #/'"++#M/ '( -$ *(0#%#M/7 J$ $/8#9,(/%#/$ *('"+( (- 8*$'9 '( 4*9,(#/"*#$ (/ 0$N9* *(%4"(%,$ *(/$- 8-9:$- %( 9:%(*VM (/ (- Y\q '( -9% 4$+#(/,(%c 4*949*+#M/ p"( -$ $'0#/#%,*$+#M/ '( @I=A %9-97 J9% 0#(/,*$% p"( -$ *(%4"(%,$ (% /"-$ (/ 4$+#(/,(% +9/ #/3#:#'9*(% '( (/S#0$ +9/V(*,#'9*$ '( $/8#9,(/%#/$ N -9% 8-90(*"-9/(1*#,#% *i4#'$0(/,( 4*98*(%#V$7 J$ $'0#/#%,*$+#M/ :-9p"($'9*(% '(- *(+(4,9* '( $/8#9,(/%#/$ %9/ -9% 1i*0$+9% '( *#,";#0$: (/ +90:#/$+#M/ +9/ +#+-919%1$0#'$ 4$*(+( %(* '( (-(++#M/ 4$*$ *('"+#* 4*9,(#/"*#$ /( 4$+#(/,(% /9 (1(+,#V$ N %(8"*$ (/ (- ,*$,$0#(/,9 '( 4$+#(/,(% +9/ /(1*#,#% '#$:U,#+9% p"( ,#(/(/ (/1(*0('$' *(/$- +*M/#+$ N 4*9,(#/"*#$7 -X4#+$ 4*9-#1(*$,#V$ f=-$%(% @@@ N @]g *(%#%,(/,( $ ,*$,$0#(/,9 ?"*$/,( -$ $'0#/#%,*$+#M/ +90:#/$'$ '( #/3#:#'9*(% '( +9/V(/+#9/$-7 A %(#% 0(%(% '( %(8"#0#(/,9 (/ Z 4$+#(/,(%c %( (/S#0$ +9/V(*,#'9*$ '( $/8#9,(/%#/$ N -9% :-9p"($'9*(% '(9:%(*VM2 *('"++#M/ (/ (- ./'#+( '( $+,#V#'$' DJI?A@ 4ƒ\7\\LLc *(+(4,9* '( $/8#9,(/%#/$c (% /(+(%$*#9 (V#,$* (- "%9 '( '9%#% '#%0#/"+#M/ %#8/#1#+$,#V$ (/ (- ,.,"-9 '( $/,#+"(*49% $/,#m?BA %":M4,#0$% N V#8#-$* -9% /#V(-(% %U*#+9% '( 49,$%#97 J$ '( '9:-( +$'(/$ 4ƒ\7\OTc *('"++#M/ (/ -9% /#V(-(% '( '#%-#4#'(0#$ 4"('( +9/,*#:"#* $ -$ 4*98*(%#M/ '( (/1(*0('$' $/,#+"(*49% $/,#m=>p 4ƒ\7\>Yc 0(k9*.$ (/ -9% 3$--$S89% 49%,m *(/$- +*M/#+$ '(:#'9 $ $,(*9%+-(*9%#% #/,*$**(/$- 9 ,9;#+#'$' :#94%#$ +9/ '#%0#/"+#M/ '(- ./'#+( '( $+,#V#'$' 4ƒ\7\\L7 J$ '#*(+,$ %9:*( -$% +U-"-$% *(/$-(%7 I- (04-(9 '( (%,$,#/$% $'0#/#%,*$+#M/ '( *#,";#0$: fOZT 0850L%(0$-0(/,( 49* P 4"('( *(,*$%$* -$ 4*98*(%#M/ $ (/1(*0('$' *(/$- +*M/#+$7 %(0$/$%g 4"('( %(* +9/%#'(*$'$ +909 "/$ $-,(*/$,#V$ I;#%,( (V#'(/+#$ '( "/ (1(+,9 *(/94*9,(+,9* #/'(4(/'#(/,( '( ,(*$4U",#+$ (/ 4$+#(/,(% +9/ /(1*#,#% -"4#+$ $+,#V$ N -$ *('"++#M/ '( -.4#'9% N "/ (1(+,9 $/,##/1-$0$,9*#9 $'#+#9/$-7 *(1*$+,$*#$ $ ,*$,$0#(/,9 +9/V(/+#9/$-7 I/ 49:-$+#M/ %#/ (/1(*0('$' *(/$- +*M/#+$ -$ ,(*$4#$ +9/ (%,$,#/$% *('"+( -$ #/+#'(/+#$ $ T $r9% '( (V(/,9% +9*9/$*#9% N (/1(*0('$' V$%+"-$* +(*(:*$- (/ +(*+$ '( L\q 49* +$'$ 009-5-#,*9 '( *('"++#M/ (/ (- /#V(- '( -#494*9,(./$% '( :$k$ '(/%#'$'7 D( *(+90#(/'$ -$ $'0#/#%,*$+#M/ '( (%,$,#/$%2 EHAEA<@IBEF QAH
\ 085'.$c (/ I/ "/ (%,"'#9 4*9%4(+,#V9 +9/ %(8"#0#(/,9 '( >\ $r9% %( 4$+#(/,(% +9/ (/1(*0('$' *(/$- +*M/#+$ (/ (%,$'#9% > $ @@@ '9+"0(/,9 p"( -$% 4*#/+#4$-(% +$"%$% '( 0"(*,( (/ 4$+#(/,(% f,$%$% '( 1#-,*$+#M/ 8-90(*"-$* -(V( 9 09'(*$'$0(/,( +9/ /(1*#,#% -X4#+$ #/+-"N(/ +904-#+$+#9/(% V$%+"-$*(% '#%0#/"#'$%g7 f4*#/+#4$-0(/,( +$*'#9 N +(*(:*9 V$%+"-$*(%g7 I/ -$ (V$-"$+#M/ '(- 4$+#(/,( +9/ $1(++#M/ *(/$- %( *(+90#(/'$ #/V(%,#8$* '( 19*0$ #/,(/+#9/$'$ -$ 4*(%(/+#$ '( '#%-#4#'(0#$c 3#4(*,(/%#M/ HI=KHHIB=@A ?I BIQH@E@D J`)@=A $*,(*#$- %#%,U0#+$ f1$+,9*(% '( *#(%89 ,*$'#+#9/$- '( $,(*9%+-(*9%#% N (/1(*0('$' $*,(*#$- +9*9/$*#$g7 ?(:#'9 $A-8"/9% $",9*(% %"8#(*(/ p"( -$ $+,#V#'$' '( -$ (/1(*0('$' #/+*(0(/,9 (/ -$ #/+#'(/+#$ '( +904-#+$+#9/(% V$%+"-$*(% (/ (/ 4$+#(/,(% +9/ JID %( *('"+( "/$ V(S p"( %( 4*(%(/,$ 4$+#(/,(% +9/ /(1*#,#% -X4#+$c %( '(:( 09'#1#+$* (- (%,#-9 '( (/1(*0('$' *(/$- ,(*0#/$-c $'k"'#+i/'9%( +909 49%#:-(% V#'$c *($-#S$* (k(*+#+#9c 0$/,(/(* "/ 4(%9 #'($-c (V#,$* (0(+$/#%09%2 '(4*(%#M/ '( -$ #/0"/#'$' +(-"-$* N 3"09*$,$:$p"#%09c 0$/,(/(* "/$ 4*(%#M/ $*,(*#$- z >LT5ZT 00R8c +909 +9/%(+"(/+#$ '( -$ "*(0#$ N (- (04-(9 '( ,*$,$* -$ '#%-#4#'(0#$ N 4*9+"*$* *('"+#* (- (04-(9 +*M/#+9 '( #/0"/9%"4*(%9*(%7 I;#%,( (V#'(/+#$ '( p"( -$ *(+"**(/+#$ '( (%,(*9#'(%7 I;#%,( "/$ +-$*$ $%9+#$+#M/ (/,*( *('"++#M/ '( -$ -$ /(1*#,#% -X4#+$ (/ 4$+#(/,(% 49%,,*$/%4-$/,$'9% (% '(- > $4*(%#M/ $*,(*#$- N *('"++#M/ '(- 8*$'9 '( $-:"0#/"*#$7 K/$ a7Tq7 I%,$ 4*949*+#M/ '#1#(*( +9/ *(-$+#M/ $- 8*"49 U,/#+9 N $ 4*(%#M/ $*,(*#$- %#%,M-#+$ v >O\ 00R8 %( $%9+#$ -$ 49%#:#-#'$' '( *($-#S$* "/$ %(8"/'$ :#94%#$ (/ -$% '#%,#/,$% %#8/#1#+$,#V$0(/,( +9/ 4*98*(%#M/ $ (/1(*0('$' *(/$- +*M/#+$ 49:-$+#9/(% (%,"'#$'$%7 J$ %9:*(V#'$ '(- #/k(*,9 *(/$- (/ (/ 4$+#(/,(% /9 '#$:U,#+9% +9/ 4*9,(#/"*#$ v > 8*$'95'.$7 D( 4$+#(/,(% +9/ /(1*#,#% -X4#+$ 49%,,*$/%4-$/,$'9% (% 49:*( (/ '(:( +9/,*9-$* N V#8#-$* -$ 4*(%#M/ $*,(*#$- 4$*$ *(,*$%$* (+904$*$+#M/ $ "/ 8*"49 +9/,*9- '( 4$+#(/,(% 49%,m '(,(*#9*9 '( -$ ,$%$ '( 1#-,*$+#M/ 8-90(*"-$* N (- 8*$'9 '( ,*$/4-$/,$'9% '( *#rM/ '(:#'9 $ 9,*$% +$"%$%7 J9% 3$--$S89% 4*9,(#/"*#$7 J9% #/3#:#'9*(% '( (/S#0$ +9/V(*,#'9*$ '( %9/ +9/,*9V(*%#$-(% '(:#'9 $ -#0#,$+#9/(% '(- (%,"'#9 f%(%89% $/8#9,(/%#/$ N -9% :-9p"($'9*(% '( *(+(4,9* '( $/8#9,(/%#/$ N 49:*( +9/,*9- '( V$*#$:-(% 49,(/+#$-0(/,( +9/1"%9*$%g7 *('"+(/ -$ ,$%$ '( 4*98*(%#M/ '( 0#+*9$-:"0#/"*#$ $ [>
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0I%,"'#9% *(,*9%4(+,#V9% %"8#(*(/ p"( -$ 1$--$ '(- #/k(*,9 (% (p"#V$-(/,( (/,*( -9% 4$+#(/,(% 49%,*$/%4-$/,$'9% +9/ -"4"% (/ +904$*$+#M/ $ $p"(--9% %#/ -"4"%7 K/ (%,"'#9 HIQIHIB=@A 9:%(*V$+#9/$- $/$-.,#+9c %(r$-$ p"( -$ %9:*(V#'$ '(- #/k(*,9 $ T H(+90(/'$+#M/ D( '(:( *(1(*#* $ %(8"/'9 /#V(- $ ,9'9 $r9% (/ 4$+#(/,(% +9/ JID p"( *(+#:(/ ,*$/%4-$/,( '( 4$+#(/,( p"( *(p"#(*$2 +9/1#*0$* (- '#$8/M%,#+9 '( /(1*#,#% '9/$'9* +$'$VU*#+9 (% '(- Yaq N -$ '(- 4$+#(/,( p"( *(+#:( -X4#+$c (V$-"$* $+,#V#'$' N %(V(*#'$' '( -$ (/1(*0('$'c ,*$/%4-$/,( '( '9/$'9* V#V9 (% '(- Zaq7 <#(/,*$% p"( -$ (%,$:-(+(* (- 4-$/ '( 0$/(k9c %(8"#0#(/,9 '( *(%4"(%,$ N %9:*(V#'$ '(- 4$+#(/,( $ T $r9% '(- 4$+#(/,( p"( *(+#:( ,9;#+#'$' '( -9% 1i*0$+9% (04-($'9%7 D( '(:( *(1(*#* $ ,(*+(* ,*$/%4-$/,( '( '9/$'9* +$'$VU*#+9 (% '(- aTq N -$ '( -9% p"( /#V(- $ $p"(- 4$+#(/,( *(1*$+,$*#9 $ ,*$,$0#(/,9 +9/V(/+#9/$-c *(+#:(/ ,*$/%4-$/,( '( '9/$'9* V#V9 (% '(- [Lq7 K/ (%,"'#9 (0:$*$S9 '( $-,9 *#(%89c $1(++#M/ '( M*8$/9 0$N9* %#/ *(,*9%4(+,#V9 /9 09%,*9 '#1(*(/+#$ (%,$'.%,#+$0(/,( *(%4"(%,$ $ ,*$,$0#(/,9c (;$+(*:$+#9/(% 1*(+"(/,(% '( -$ %#8/#1#+$,#V$ (/,*( -$ 1*(+"(/+#$ '( #/1(++#M/ (/ 4$+#(/,(% +9/ (/1(*0('$' N 4*(%(/+#$ '( (V(/,9 $'V(*%9 8*$V( %(+"/'$*#9 /(1*94$,.$ -X4#+$ 49%,m,*$/%4-$/,$'9% (/ +904$*$+#M/ +9/ "/ $ ,*$,$0#(/,97 8*"49 +9/,*9- '( %"k(,9% 49%,m,*$/%4-$/,$'9% 49* 9,*$% +$"%$% fO[7>q V% T>7>qc4ƒ\7PLZg7 I/ (- 8*"49 +9/ JIDc 4*('90#/$*9/ -$% #/1(++#9/(% :$+,(*#$/$%7 I/ 4$+#(/,(% +9/ /(1*94$,.$ -X4#+$ N ,*$/%4-$/,( *(/$-c -$ /(+*9%#% $V$%+"-$* (% "/$ +904-#+$+#M/ 1*(+"(/,(7 J$ +$"%$ (% 0"-,#1$+,9*#$- f4*(%(/+#$ =FBEHAHHIQIHIB=@A '( $/,#+"(*49% $/,#19%19-.4#'9%c (04-(9 '( '9%#% $-,$% '( D( '(:( *($-#S$* +9/,*$**(1(/+#$ '( "/ ,(*+(* $ %(8"/'9 /#V(-c (%,(*9#'(%c (/,*( 9,*$%g7 K/ /X0(*9 '( O 9 0i% (0:$*$S9% $ $p"(- 4$+#(/,( +9/ /(1*#,#% -X4#+$ -(V(09'(*$'$ p"( 4*(,*$/%4-$/,( #/+*(0(/,$ (- *#(%89 '( 1$--$ '(- #/k(*,9 *(p"#(*$ +9/,#/"$* $'0#/#%,*$+#M/ #/,*$V(/9%$ '( fR$S$*' *$,#9 fRHg @= [Tq >7TPt>7>>mL7>Yuc 4z\7\Tg7 I;#%,( #/0"/9%"4*(%9*(% +9/ :$%( (/ "/ 4-$/ '( ,*$,$0#(/,9 (V#'(/+#$ '( p"( -$ ('$' fRH >7\>c4z\7\\Tgc -$ *$S$c (%,$:-(+#'9c $p"(--9% +9/ +90M*:#'9% $%9+#$'9% N (%4(+.1#+$0(/,( A1*9$0(*#+$/9% fRH >7TTc4z\7\\>g Nc (+9/,*9-$'9% N $p"(--9% p"( *(p"#(*$/ %(8"#0#(/,9 N +9/,*9%9:*(4(%9 fRH >7\>c4z\7\\>g %( $%9+#$/ +9/ 1$--$ '(- #/k(*,97 (%,*(+39 '( $+,#V#'$' '( -$ (/1(*0('$' '(%4"U% '( "/ =*#,(*#9% '( *(1(*(/+#$ N =9/,*$**(1(*(/+#$ P7T7> =*#,(*#9% 1*$+$%9 ,(*$4U",#+97 D( '(:( *($-#S$* +9/,*$**(1(*(/+#$ $ EU+/#+9
7> H(1(*(/+#$ $- D(8"/'9 4*#0(* /#V(- '( $,(/+#M/ '( $p"(--9% 4$+#(/,(% +9/ B#V(- '( P7T7>7L H(1(*(/+#$ $- E(*+(* B#V(- '( A,(/+#M/ '#$8/M%,#+9 +9/1#*0$'9 p"( ,#(/(/ *(%4"(%,$ $ ,*$,$0#(/,9c H(+90(/'$+#M/ D( '(:( *(1(*#* $ %(8"/'9 /#V(- $ ,9'9 %#/ ,9;#+#'$' '(:#'9 $- (04-(9 '( 1i*0$+9% 4$+#(/,( p"( *(p"#(*$2 +9/1#*0$* (- '#$8/M%,#+9 '( /(1*#,#% #/0"/9%"4*(%9*(% N +9/ "/ 4-$/ '( +9/,*9- N %(8"#0#(/,9 -X4#+$c (V$-"$* $+,#V#'$' N %(V(*#'$' '( -$ (/1(*0('$'c '(1#/#'97 (%,$:-(+(* (- 4-$/ '( 0$/(k9c %(8"#0#(/,9 '( *(%4"(%,$ N ,9;#+#'$' '( -9% 1i*0$+9% (04-($'9%7 D( '(:( *(1(*#* $ ,(*+(* /#V(- $ $p"(- 4$+#(/,( *(1*$+,$*#9 $ ,*$,$0#(/,9 +9/V(/+#9/$-c (0:$*$S9 '( $-,9 *#(%89c $1(++#M/ '( M*8$/9 0$N9* %#/ HI=K)IHA=@CB *(%4"(%,$ $ ,*$,$0#(/,9c (;$+(*:$+#9/(% 1*(+"(/,(% '( -$ (/1(*0('$' N 4*(%(/+#$ '( (V(/,9 $'V(*%9 8*$V( %(+"/'$*#9 I/ (- 4$+#(/,( +9/ /(1*94$,.$ -X4#+$ $+,#V$c +9/ (V#'(/+#$ $ ,*$,$0#(/,97 J9% 4$+#(/,(% p"( %( %90(,(/ $ '#i-#%#% +-./#+$ '( 3#4(*,(/%#M/ $*,(*#$- %#%,U0#+$ '( '#1.+#- +9/,*9- N '"*$/,( 0(/9% '( "/ $r9 ,#(/(/ "/ 0(k9* '(%(/-$+( %./'*90( /(1*M,#+9c %( %"8#(*( 9,9*8$* #/+$4$+#'$' (/,*( >P N 49%,,*$/%4-$/,( (/ +904$*$+#M/ +9/ $p"(--9% p"( %"%,#,"N(/ La '.$%c +9/ -$ 1#/$-#'$' '( (%,$:-(+(* +9/,*9- N V#8#-$/+#$ '( -$ -$ 1"/+#M/ *(/$- 49* 0i% '( "/ $r97 K/ (%,"'#9 *(,*9%4(+,#V9 4*(%#M/ $*,(*#$- N '( -$% $-,(*$+#9/(% 0(,$:M-#+$% N 0"(%,*$ p"( (- $/,(+('(/,( '( "/ ,*$/%4-$/,( 4*(V#9 +$*'#9V$%+"-$*(% $%9+#$'$% $- %./'*90( /(1*M,#+97 #/+*(0(/,$ (- *#(%89 '( 1$--$ '(- #/k(*,9 N 0"(*,( '(- *(+(4,9* fRH L7L[c4z\7\\>wRH O7T[c 4z\7\\>c *(%4(+,#V$0(/,(g7 D( 3$/ 9:%(*V$'9 0(k9*(% *(%"-,$'9% 49%,m,*$/%4-$/,( +"$/'9 (,*$/%4-$/,( *(/$- 4*9+('( '( '9/$'9* V#V9c 0:9%#%c (% #'($-98*$* +9/'#+#9/(% +-./#+$% $4*94#$'$% '(- 4$+#(/,( $/,(% '(,*$/%4-$/,( f+9/,*9- '( 3#4(*,(/%#M/ $*,(*#$-c '#%-#4#'(0#$ N $-,(*$+#9/(% 0(,$:M-#+$%g7 [L
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0'( "/ #/+*(0(/,9 (/ (- *#(%89 '( 9%,(949*9%#%7 ="$,*9 1$+,9*(% 4*#/+#4$-(% 4*('#+(/ (- *#(%89 '( 1*$+,"*$ *(-$+#9/$'$ +9/ 9%,(949*9%#%2 :$k$ '(/%#'$' 0#/(*$- M%($c 1*$+,"*$% 49* 1*$8#-#'$' 4*(V#$c ('$' ( 3#%,9*#$ 1$0#-#$* '( 9%,(949*9%#%7 K/ ./'#+( '( 0$%$ +9*49*$- f@<=g z L\ (% "/ 1$+,9* '( *#(%89 #/'(4(/'#(/,( 4$*$ 9%,(949*9%#% N 1*$+,"*$7 I/ (#/,(**98$,9*#9 #/#+#$- '( "/ 4$+#(/,( (/ *#(%89 '( 9%,(949*9%#% %( '(:( #/V(%,#8$* -$ 4*(%(/+#$ '( -9% %#8"#(/,(% 1$+,9*(% '( *#(%892 49%0(/94$"%#$c 0(/94$"%#$ ,(04*$/$ f$/,(% '( -9% PT $r9%g('$' v YT $r9%c $/,(+('(/,( 1$0#-#$* '( 1*$+,"*$ '( +$'(*$ $/,(% '( -9% ZT $r9%c 1*$+,"*$ V(*,(:*$- 49* +904*(%#M/c (04-(9 '( (%,(*9#'(% %#%,U0#+9% v O 0(%(%c $/,#+9/V"-%#9/$/,(% f1(/#,9./$c 1(/9:$*:#,$-gc @<= z >[ n850L N 4$,9-98.$% p"( +"*%$/ +9/ 4U*'#'$ '( 0$%$ M%($2 $*,*#,#% *("0$,9#'(c 3#4(*4$*,#*9#'#%09 4*#0$*#9c 3#4989/$'#%09c %./'*90(% '( 0$-$:%9*+#M/ #/,(%,#/$- f(/1(*0('$' +(-.$+$ N (/1(*0('$' #/1-$0$,9*#$ #/,(%,#/$-g7 D( *(+90#(/'$ #/V(%,#8$* $/,(+('(/,(% 1$0#-#$*(% '( 9%,(949*9%#%c +#19%#% 9 1*$+,"*$ 49* ,*$"0$ -(V( J$ '(,(++#M/ '( -9% 1$+,9*(% '( *#(%89 '( 9%,(949*9%#%c '(:( $N"'$* $0U'#+9 '( 4*#0(* /#V(- $ #'(/,#1#+$* $ -$% 4(*%9/$% x$%#/,90i,#+$%y f%#/ 1*$+,"*$% 4*(V#$%gc p"( /(+(%#,$/ "/$ V$-9*$+#M/ 4$*$ '(,(*0#/$* -$ /(+(%#'$' '( #/,(*V(/+#M/ 0U'#+$c +9/ 9:k(,9 '( *('"+#* %" *#(%89 '( 1*$+,"*$ 9%,(949*M,#+$ f49* 1*$8#-#'$'g7
+0)"+,+*+0$0 K/$ (V$-"$+#M/ +-./#+$ (;3$"%,#V$ $%9+#$'$ +9/ -$ 0('#+#M/ '( -$ '(/%#'$' 0#/(*$- M%($c +9/%,#,"N(/ -9% 0(k9*(% #/'#+$'9*(%
J$ 9%,(949*9%#% 49* %. 0#%0$ /9 4*9'"+( %./,90$%c -$ +9/%(+"(/+#$ 0i% *(-(V$/,( (% -$ 1*$+,"*$c p"( %( 4"('( 4*9'"+#* (/ +"$-p"#(* %#,#9c %( *(+90#(/'$ #/V(%,#8$* 49* -$ 0$N9* 1*(+"(/+#$ '( 4*(%(/,$+#M/ (/ -$% %#8"#(/,(% -9+$-#S$+#9/(%2 o V(*,(:*$- f0#,$' #/1(*#9* '9*%$- N %"4(*#9* -"0:$* fJ>mJOgc $%#/,90i,#+$ (/ L5O '( -9% 4$+#(/,(%7 D( 4"('( 0$/#1(%,$* +909 "/$ 4U*'#'$ '( $-,"*$ N +#19%#% 4*98*(%#V$ o +$'(*$ f1U0"* 4*9;#0$-g7 D( $%9+#$/ +9/ $"0(/,9 '( -$ 09*:#-#'$' N '( -$ 09*,$-#'$' o 1*$+,"*$ '( =9--(% f*$'#9 '#%,$-g o 4(-V#%c 3X0(*9 4*9;#0$-c 1U0"* '#%,$- N +9%,#--$% o J9% 1$+,9*(% '( *#(%89 $%9+#$'9% +9/ :$k$ '(/%#'$' 0#/(*$- M%($ #/+-"N(/2 8U/(*9 1(0(/#/9c #/+*(0(/,9 (/ -$ ('$'c '(1#+#(/+#$ '( (%,*M8(/9%c *$S$ :-$/+$c :$k9 4(%9 ( ./'#+( '( 0$%$ +9*49*$-c ,$:$p"#%09 ( 3#%,9*#$ 1$0#-#$* '( 9%,(949*9%#% 9 1*$+,"*$%7 I;#%,( (V#'(/+#$ '( p"( -$ 4*(V$-(/+#$ '( 9%,(949*9%#% $"0(/,$ +9/19*0( #/+*(0(/,$ -$ ('$'7 I- $:9*'$k( '( "/$ 0"k(* 49%0(/94i"%#+$ +9/ 9%,(949*9%#% '(:( #/+-"#* "/$ (V$-"$+#M/ '( -9% 1$+,9*(% '( *#(%89 4$*$ '(/%#'$' 0#/(*$- M%($ f?
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0+9/%#'(*$*%( "/ 1$+,9* '( *#(%89 0$N9*c (/ $p"(--9% 4$+#(/,(% ?IhA 4"('( %(* (04-($'9 4$*$ (V$-"$* -$ *(%4"(%,$ $ p"( ,#(/(/ "/$ 1*$+,"*$ V(*,(:*$- " 9,*$ 1*$+,"*$ ,*$,$0#(/,97 9%,(949*M,#+$7 D( *(+90#(/'$ V$-9*$* -$ 4*(%(/+#$ '( 1$+,9*(% I- '#$8/M%,#+9 '( -$ 9%,(949*9%#% %( :$%$ (/ -$ '(,(*0#/$+#M/ '( *#(%89 '( -$ 9%,(949*9%#% (/ ,9'$% -$% 0"k(*(% '( -$ '(/%#'$' '( 0$%$ M%($ f?
g7 =909 4$*,( '( -$ (V$-"$+#M/ $+,#V$ '( 49%#:-(% 1*$+,"*$% V(*,(:*$-(% $%#/,90i,#+$% (/ +-./#+$ '( "/ 4$+#(/,( +9/ 9%,(949*9%#% %( *(+90#(/'$ $p"(--9% 4$+#(/,(% p"( 4*(%(/,$/ "/$ 4U*'#'$ '( $-,"*$ %9-#+#,$*2 :#90(,*.$ 3(0i,#+$ +904-(,$c +*($,#/#/$ %U*#+$c ADEc 4*98*(%#V$7 I- 0U,9'9 '( '#$8/M%,#+9 '( (-(++#M/ '( -$% AJEc 4*9,(./$% ,9,$-(%c $-:X0#/$ %U*#+$c +$-+#9 %U*#+9c 1*$+,"*$% V(*,(:*$-(% (% -$ *$'#9-98.$ %#04-( '( +9-"0/$ 19%1$,$%$ $-+$-#/$ ,9,$- N +$-+#9 (/ 9*#/$ '( LP 3*%7 '9*%$- 9 -"0:$* 4*9N(++#9/(% 49%,(*9m$/,(*#9* N -$,(*$-7 J$ 0(/$*p"#$ ,$*'.$c 0(/94$"%#$ ,(04*$/$ N /#V(-(% :$k9% '( J$ ?IhA (% "/$ ,U+/#+$ V$-#'$'$ 4$*$ -$ 0('#+#M/ '( -$ (%,*M8(/9% %( 3$/ $%9+#$'9 $ :$k$ '(/%#'$' 0#/(*$- M%($7 J$% '(/%#'$' 0#/(*$- M%($ f0#/(*$-#S$+#M/ (/ 85+0Lg +9/ "/$ 0"k(*(% 49%,m0(/94i"%#+$% '(:(/ (V$-"$*%( +-./#+$0(/,( 4*(+#%#M/ '(- >mLq (/ +9/'#+#9/(% M4,#0$% N (% +9/%#'(*$'$ (#'(/,#1#+$/'9 1$+,9*(% '( *#(%89 4$*$ :$k$ '(/%#'$' 0#/(*$(%,i/'$* '( 9*9 4$*$ (- '#$8/M%,#+9 '( -$ 9%,(949*9%#%7 I/ -$ M%($ N +9**9:9*$* (- '#$8/M%,#+9 '( 9%,(949*9%#% +9/ 4*"(:$% 4*i+,#+$ +-./#+$c -$ *($-#S$+#M/ '(- ?IhA +(/,*$- f+$'(*$ N '( '(/%#'$' 0#/(*$- M%($7 J$% 0"k(*(% 1"0$'9*$% ,#(/(/ "/ +9-"0/$g (% *(+90(/'$:-( 4$*$ (- '#$8/M%,#+9 '( *#(%89 0$N9* '( 1*$+,"*$ '( +$'(*$ p"( 0"k(*(% /9 9%,(949*9%#% J$ ?IhA +(/,*$- f+$'(*$ N +9-"0/$g 4*949*+#9/$ 1"0$'9*$%c 49* 9,*$ 4$*,(c %( 3$ *(+9/9+#'9 p"( -9% 390:*(% "/$ 0('#+#M/ 4*(+#%$ N (;$+,$ -$ ?
\ $r9% '( 3$:(*-9 %"%4(/'#'97 ?$'9 p"( -9% 1"0$'9*(% <"k(*(% 49%0(/94i"%#+$% z YT $r9% +9/ "/9 '( -9% ,#(/(/ "/ *#(%89 0$N9* p"( -9% /9 1"0$'9*(% 4$*$ '(%$**9--$* %#8"#(/,(% 1$+,9*(% '( *#(%892 3#%,9*#$ 1$0#-#$* '( 1*$+,"*$c 9%,(949*9%#%c '(:( *(+90(/'$*%( %"%4(/'(* (%,( 3i:#,9 (/ ,$:$p"#%09c $-+939-#%09c +$"%$% %(+"/'$*#$%c "%9 4*9-9/8$'9 -$ 49:-$+#M/ (/ *#(%897 I- ,*$,$0#(/,9 +9/ (%,(*9#'(% (% "/ '( +9*,#+9#'(% f v Z7T 085'c ‚’O 0(%(%g7 1$+,9* '( *#(%89 0$N9* 4$*$ 9%,(949*9%#% N 1*$+,"*$c 4*#/+#4$-0(/,( +"$/'9 %( $'0#/#%,*$ 49* "/ 4(*.9'9 v O J$ '(,(++#M/ '( 9%,(949*9%#% (/ 0"k(*(% 49%0(/94i"%#+$% N 0(%(% N -$ '9%#% (% 0$N9* '( L7T 08 $- '.$ J9% 4$+#(/,(% p"( 390:*(% v T\ $r9% 0('#$/,( ?IhA /9 (% k"%,#1#+$:-( $/,( -$ *(+#:(/ Z7T 08 '( 4*('/#%9/$ $- '.$ 49* 0i% '( O 0(%(% $"%(/+#$ '( 9,*9% 1$+,9*(% '( *#(%89 4$*$ 9%,(949*9%#%7 D#/ '(:(/ %(* (V$-"$'9% 4$*$ #/#+#$* ,*$,$0#(/,9 4$*$ (0:$*89 '(:( (V$-"$*%( (- +9/,(;,9 #/'#V#'"$- '( +$'$ 9%,(949*9%#%7 B9 %( *(+90#(/'$ +9/%#'(*$* '( 0$/(*$ 4$+#(/,(7 I;#%,( (V#'(/+#$ p"( k"%,#1#+$ -$ *($-#S$+#M/ '( ?IhA #/'(4(/'#(/,( -9% 1$+,9*(% '( *#(%89 '( 1*$+,"*$ M%($c (% (/ 4(*%9/$% v YT $r9%c '(:#'9 $ p"( 49%,(*#9* $ (%,$ ('$' 4*(1(*#:-( %"0$*-9% N +9/%#'(*$* (- +9/,(;,9 N -$ ('$' '(#/+*(0(/,$ (- *#(%89 '( 1*$+,"*$7 J$ k"%,#1#+$+#M/ 4$*$ (- "%9 4$+#(/,(7 +-./#+9 '( ?IhA $%"0( "/$ +-$*$ +904*(/%#M/ '( %" J$ (V$-"$+#M/ '( -$ '(/%#'$' M%($ /9 (% $4*94#$'$ 0('#$/,( *$'#98*$1.$% $'(0i% '( p"( (%,i %"k(,$ $ V$*#$+#M/ 49* (9:%(*V$'9*7 J$% *$'#98*$1.$% +9/V(/+#9/$-(% /9 '(:(/ %(* ",#-#S$'$% 4$*$ (- '#$8/M%,#+9 9 (;+-"%#M/ '( 9%,(949*9%#%7
$4-#+$+#M/c '(,(*0#/$+#M/ 4*(+#%$ '( -$ '(/%#'$' 0#/(*$- M%($ N 4*949*+#9/$* "/$ +-$*$ #/'#+$+#M/ '( -$% (%,*$,(8#$% '( ,*$,$0#(/,9 49* *($-#S$*7 B9 %( '(:( *($-#S$* ?IhA +"$/'9c $ 4(%$* '(- *(%"-,$'9c /9 V$N$ $ #/1-"#* (/ -$% '(+#%#9/(% ,(*$4U",#+$%7
J$ $:%9*+#90(,*.$ '( *$N9% h '( (/(*8.$ '"$- f?IhAg (% "/9 '( -9% 4*#/+#4$-(% 0U,9'9% "%$'9% 4$*$ 0('#* -$ '(/%#'$' 0#/(*$- M%($ N *(4*(%(/,$ -$ 0(k9* 3(**$0#(/,$ 4$*$ (%,#0$* (- *#(%89 '( 1*$+,"*$7 I;#%,( #/19*0$+#M/ %"1#+#(/,( N +9/%#%,(/,( p"( %949*,$ (- "%9 '( -$ ?IhA +(/,*$- f+"$'*9 Tg7 I- ?IhA (% "/$ 3(**$0#(/,$c $04-#$0(/,( ",#-#S$'$c 4$*$ 4*('(+#* (- *#(%89 '( 1*$+,"*$% (/ 0"k(*(% Nc +9/%,#,"N( (0(k9* #/'#+$'9* #/'(4(/'#(/,( 4$*$ 4*('(+#* (- *#(%897 I-
I- 0(k9* #/'#+$'9* 4$*$ 0('#* (- *#(%89 '( 1*$+,"*$ '(- 1U0"* 4*9;#0$- (% -$ 0('#+#M/ '( '(/%#'$' 0#/(*$- M%($c $ ,*$VU% '( -$ ,(+/9-98.$ 0i% (;$+,$ f?IhAg D( *(+90#(/'$ -$ *($-#S$+#M/ '( '(/%#,90(,*.$ M%($ (/ ,9'$% -$% 0"k(*(% 49%0(/94i"%#+$% +9/ 1*$+,"*$% 4$*$ +9/1#*0$* (- '#$8/M%,#+9 '( 9%,(949*9%#% N '(,(*0#/$* -$ %(V(*#'$' '( -$ (/1(*0('$' D( *(+90#(/'$ 0('#* -$ '(/%#'$' 0#/(*$- M%($ +9/ ?IhA +(/,*$- (/ [P
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,04$+#(/,(% 0$N9*(% '( YT $r9% N (/ p"#(/(% ,#(/(/ > 1$+,9* '( I- ,*$,$0#(/,9 4$*$ -$ 9%,(949*9%#% %( +(/,*$ (/ #/3#:#* -$ *#(%89 0$N9* M L 1$+,9*(% '( *#(%89 0(/9*7 I/ /"(%,*9 0('#9c *(%9*+#M/ M%($ 9 (%,#0"-$* -$ 19*0$+#M/ M%($7 I- 9:k(,#V9 '(+9/ *(-$+#M/ $ 4*(V(/+#M/ 4*#0$*#$ f4$+#(/,(% %#/ 1*$+,"*$% 0$/(k9 '( 9%,(949*9%#% '(:( %(* (V$-"$* N 4*(V(/#* (- *#(%89 4*(V#$%g '$'$% -$% -#0#,$+#9/(% '( $++(%9 N 1$-,$ '( *(+"*%9% '( 1*$+,"*$7 4$*$ $++('(* $ ?IhAc %( %"8#(*( p"( (/ 4$+#(/,(% 0$N9*(% '( ?(:( #/#+#$*%( ,*$,$0#(/,9 4$*$ *('"+#* (- *#(%89 '( 1*$+,"*$ YT $r9%c %( ,90(/ (/ +"(/,$c $'(0i% '( -$ ('$'c 1$+,9*(% '( (/ 0"k(*(% 49%0(/94i"%#+$% p"( ,#(/(/ "/$ 1*$+,"*$ 49* *#(%89 $%9+#$'9%c +90M*:#'9%c (V$-"$+#M/ #/'#V#'"$- N 1*$8#-#'$' D( *(+90#(/'$ #/#+#$* ,*$,$0#(/,9 +9/ :$%( (/ +9/%(/%"$'$ +9/ +$'$ 4$+#(/,(c +9/ -$ 1#/$-#'$' '( #'(/,#1#+$* ?IhA (/ $p"(--9% 4$+#(/,(% +9/2 ‘ F%,(94(/#$ +9/ E %+9*( $ -9% %"k(,9% p"( 0i% 4"('$/ :(/(1#+#$*%( N (/V#$*-9% '( (/,*( m> N mL7\ N %#/ 1$+,9* '( *#(%89 f4$*$ 4*(V(/#* 1*$+,"*$g ‘ 19*0$ 949*,"/$ $- %(8"/'9 /#V(- '( $,(/+#M/c 4$*$ -$ F%,(94(/#$ +9/ E %+9*( (/,*( mL7\ N mL7T +9/ "/ 1$+,9* '( *($-#S$+#M/ '(- (%,"'#9 N '(1#/#* "/ 4-$/ '( ,*$,$0#(/,9 *#(%89 0$N9* ‘ F%,(94(/#$ +9/ E %+9*( v m L7T7 #/,(8*$- ( #/'#V#'"$-#S$'9 '( $+"(*'9 +9/ (- 8*$'9 '( 9%,(949*9%#%7 J$% 94+#9/(% '( ,*$,$0#(/,9 1$*0$+9-M8#+9 '( 4*#0(*$ -./($ $4*9:$'$% 49* -$ Q99' $/' ?*"8 A'0#/#%,*$,#9/ fQ?Agc I/ 390:*(% +9/ 9%,(949*9%#% %( *(+90#(/'$ #/V(%,#8$* %(8"*$% N (1(+,#V$% 4$*$ (- ,*$,$0#(/,9 '( 9%,(949*9%#% %9/ +$"%$% %(+"/'$*#$%c ,$-(% +9092 "%9 '( (%,(*9#'(%c %./'*90( :#19%19/$,9% f$-(/'*9/$,9c *#%('*9/$,9gc *$-9;#1(/9 N '( ="%3#/8{%c "%9 (;+(%#V9 '( $-+939-c 3#4989/$'#%09 +$-+#,9/#/$ A-(/'*9/$,9 (% (1(+,#V9 4$*$ #/+*(0(/,$* -$ 4*#0$*#9 9 %(+"/'$*#9c :$k$ #/8(%,$ '( +$-+#9c '(1#+#(/+#$ '( '(/%#'$' 0#/(*$- M%($7 `,#- (/ -$ 4*(V(/+#M/ %(+"/'$*#$ '( V#,$0#/$ ? N ,$:$p"#%097 F,*9% 0U,9'9% 4$*$ -$ (V$-"$+#M/ 1*$+,"*$% V(*,(:*$-(% 9%,(949*9,#+$%7 '( -$ 0$%$ M%($ f*$'#98*$0(,*.$c $:%9*+#90(,*.$ *$'#98*i1#+$c "-,*$%9/90(,*.$ +"$/,#,$,#V$c (,+7g 4"('(/ ,(/(* $4-#+$+#9/(% 4$*,#+"-$*(% (/ -$ (V$-"$+#M/ '(- *#(%89c 4(*9 /9 (/ (%(8"#0#(/,9c 4"'#(/'9 (04-($*%( $/,( %#,"$+#9/(% (/ p"( 49* +9/'#+#9/(% 8(98*i1#+$% 9 (- ,$0$r9 '( -$ 49:-$+#M/ (%,( -#0#,$'9 (- $++(%9 $ ?IhA f+"$'*9 Zg7 J$ "-,*$%9/90(,*.$ +"$/,#,$,#V$ '(- +$-+i/(9 4$*(+( %(* (1(+,#V$ 4$*$ (%,#0$* (- *#(%89 '( 1*$+,"*$ (/ 0"k(*(% 49%, 0(/94i"%#+$% v YT $r9% '( ('$'c %#/ (0:$*89 %" "%9 (/ 0"k(*(% kMV(/(% N 390:*(% (% -#0#,$'97 J$ "-,*$%9/90(,*.$ +"$/,#,$,#V$ '(- +$-+i/(9 /9 (% %"1#+#(/,(0(/,( 4*(+#%$ 4$*$ (%,$:-(+(* "/ %(8"#0#(/,9 $ #/,(*V$-9% +-./#+$0(/,( *(-(V$/,(%7 B9 (% *(+90(/'$:-( ",#-#S$* $ "-,*$%9/98*$1.$ +"$/,#,$,#V$ 4$*$ (%,$:-(+(* '#$8/M%,#+9 '( 9%,(949*9%#% ( #/'#+$* ,*$,$0#(/,9 (%4(+.1#+97 )9* '(1#/#+#M/ (- '#$8/M%,#+9 '( 9%,(949*9%#% %( :$%$ (/ -$ 0('#+#M/ '( -$ '(/%#'$' 0#/(*$- M%($7 B9 %( '(09%,*$'9 "/$ *(-$+#M/ +9/%#%,(/,( (/,*( (- "%9 0$*+$'9*(% :#9p".0#+9% N -$ 4U*'#'$ M%($7 D" %(/%#:#-#'$' N (%4(+#1#+#'$' %9/ :$k$%7 J9% 0$*+$'9*(% :#9p"#0#+9% '( *(%9*+#M/ /9 '(:(/ %(* (04-($'9% 4$*$ ('#$8/M%,#+9 '( 9%,(949*9%#%7 B9 %( *(+90#(/'$ (- "%9 *",#/$*#9 '( 0$*+$'9*(% :#9p"#0#+9% f9%,(9+$-+#/c 19%1$,$%$ $-+$-#/$ (%4(+.1#+$ '( 3"(%9c 4U4,#'9% ,(*0#/$-(% '( 4*9+9-i8(/9 ,#49 @c -#%#-4#**#'#/9-#/$c '(%9;#-#%#-4#**#'#/9-#/$ N B m N =,(-94U4,#'9% '( +9-i8(/9 ,#49 @g 4$*$ (- '#$8/M%,#+9 '( 9%,(949*9%#% 9 4$*$ (- *#(%89 '( 1*$+,"*$c '(:#(/'9 +9/%#'(*$* 9,*9% 1$+,9*(% '( *#(%89
A-(/'*9/$,9 N *#%('*9/$,9 %9/ (1#+$+(% (/ 4*(V(/#* 1*$+,"*$% V(*,(:*$-(% N /9 V(*,(:*$-(% A-(/'*9/$,9 N *#%('*9/$,9 4*(V#(/(/ 1*$+,"*$% '( +$'(*$ (/ 0"k(*(% 49%0(/94i"%#+$% +9/ 9%,(949*9%#% %(V(*$7
A-(/'*9/$,9 N *#%('*9/$,9 #/+*(0(/,$/ -$ '(/%#'$' 0#/(*$M%($ '( +$'(*$ N +9-"0/$ A-(/'*9/$,9 (% (1#+$S (/ 4*(V(/#* 1*$+,"*$% V(*,(:*$-(% (/ 390:*(% +9/ 9%,(949*9%#% ( #/+*(0(/,$ -$ '(/%#'$' 0#/(*$- M%($ (/ +9-"0/$ N +"(--9 1(09*$- A-(/'*9/$,9 9 (,#'*9/$,9 %9/ -9% 1i*0$+9% '( 4*#0(*$ (-(++#M/ 4$*$ (- ,*$,$0#(/,9 '( 9%,(949*9%#% 4*#0$*#$ (/ 390:*(% I- $-(/'*9/$,9 0(k9*$ -$ '(/%#'$' 0#/(*$- M%($ N *('"+( (- *#(%89 '( 1*$+,"*$% V(*,(:*$-(% (/ 390:*(% +9/ 9%,(949*9%#% A-(/'*9/$,9 (%,i *(+90(/'$'9 +909 4*#0(*$ 94+#M/ '( ,*$,$0#(/,9 (/ 4$+#(/,(% +9/ 1*$+,"*$ 4*(V#$ 49* 1*$8#-#'$'c +9/ -$% %#8"#(/,(% +9/%#'(*$+#9/(%2 ‘ )$*$ -$% 0"k(*(% ‚ ZT $r9% %#/ -$ /(+(%#'$' '( *($-#S$* (;$0(/ +9/ ?IhA ‘ )$*$ -$% 0"k(*(% (/,*( YT } ZP $r9% +"$/'9 4*(%(/,$/ "/ E %+9*( L7T ‘ )$*$ -$% 0"k(*(% YP $r9% +"$/'9 4*(%(/,$/ "/ E %+9*( 0"N :$k9 $4*9;#0$'$0(/,( O7 )$*$ *('"+#* (- *#(%89 '( 1*$+,"*$ (/ ,9'9% -9% %#,#9% (/ 390:*(% +9/ ?
\ 08 ~ T\\ 08 '( +$-+#9 ~ P\\ K@ '( V#,$0#/$ ? $- '.$7
EHAEA<@IBEF [T
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0I/ 0"k(*(% 49%0(/94i"%#+$% p"( 3$/ ,(/#'9 "/$ 1*$+,"*$ H$/(-$,9 '( (%,*9/+#9 (% "/ 1i*0$+9 '( %(8"/'$ 94+#M/ 4$*$ V(*,(:*$- N (/ p"#(/(% ,#(/(/ +9/1#*0$'9 9%,(949*9%#% 49* (- ,*$,$0#(/,9 '( 9%,(949*9%#%c *('"+( -$ #/+#'(/+#$ '( ?IhA %( *(+90#(/'$ $-(/'*9/$,9 9*$- f>\ 085'.$ 9 Z\ 08 $ -$ 1*$+,"*$% V(*,(:*$-(%c #/+*(0(/,$ -$ ?
7PP $ O7OL (V(/,9% 49* I,#'*9/$,9 #/+*(0(/,$ -$ '(/%#'$' 0#/(*$- M%($ '( -$ >\\\ 4(*%9/$% $r9%7 H$-9;#1(/9 /9 ,#(/( (1(+,9 :(/U1#+9 +9-"0/$ N 0$/,#(/( -$ '(/%#'$' 0#/(*$- M%($ '(- +"(--9 %9:*( -9 %./,90$% V$%909,9*(% ( #/+-"%9 4"('( #/+*(0(/,$* 1(09*$-7 I,#'*9/$,9 #/+*(0(/,$ -$ '(/%#'$' 0#/(*$- M%($ '( %" #/+#'(/+#$7 H$-9;#1(/9 (% "/ ,*$,$0#(/,9 '( 4*#0(*$ -./($ +9-"0/$ (/ 390:*(% +9/ 9%,(949*9%#% N 0$/,#(/( -$ ?
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0,(*$4#$ $'k"/,$ '( -$% 4*#/+#4$-(% #/,(*V(/+#9/(% K/ $49*,( %"1#+#(/,( '( +$-+#9 N V#,$0#/$ ? $'0#/#%,*$'9% k"/,9%c $ ,*$VU% '( -$ '#(,$ 9 %"4-(0(/,9% %9/ (%(/+#$-(% 4$*$ 1$*0$+9-M8#+$% f$/,#*(%9*,#V$ N $/$:M-#+$g7 I- $49*,( '( -$ 4*(V(/+#M/ '( 9%,(949*9%#%7 I- $49*,( '( >\\\ 08 '( +$-+#9 V#,$0#/$ ?O f+9-(+$-+#1(*9-g (% 4*(1(*#:-( +9/ *(%4(+,9 $(/ -$ '#(,$ 4(*0#,( "/$ *('"++#M/ '( 4$*$ 1*$+,"*$ '( +$'(*$ $49*,( '( V#,$0#/$ ?L f(*89+$-+#1(*9-g7 J$ %"4-(0(/,$+#M/ '( '( LPq7 v>8 '( +$-+#9 $- '.$ '#%0#/"N( -$ 4U*'#'$ '( -$ 0$%$ M%($7 J$ ,(*$4#$ 1$*0$+9-M8#+$ $"/$'$ $ "/ :"(/ $49*,( '( +$-+#9 K/$ $'(+"$'$ /",*#+#M/ (% (%(/+#$- 4$*$ (- +*(+#0#(/,9 '#0#/"N(/ (- *#(%89 '( 1*$+,"*$ V(*,(:*$-7 J$% +$/,#'$'(% /9*0$-7 I% #/'#%4(/%$:-( "/ :$-$/+( $'(+"$'9 (/ +$-9*.$% N 1$*0$+9-M8#+$% '( +$-+#9 '#%0#/"N(/ (- *#(%89 '( 1*$+,"*$ /",*#0(/,9% 4$*$ (- '(%$**9--9 N 0$/,(/#0#(/,9 '( ,(k#'9% V(*,(:*$- N +9/ 0(/9* (V#'(/+#$ '#%0#/"N(/ (- *#(%89 '( #/+-"N(/'9 (- 0X%+"-9 N 3"(%9 f+"$'*9 >\g7 I;#%,( (V#'(/+#$ 1*$+,"*$ '( 1*$+,"*$7 D( *(+90#(/'$ "/$ #/8(%,#M/ $'(+"$'$ '( p"( (- +9/%"09 *(+90(/'$'9 '( +$-+#9 4$*$ 4*(V(/#* -$ '( +$-+#9 N V#,$0#/$ ? (/ ,9'$ -$ 49:-$+#M/7 9%,(949*9%#% (%2 ‘ >\\\ 085'.$ (/ 0"k(*(% 4*(m0(/94i"%#+$% ‘ >T\\ 085'.$ (/ 0"k(*(% 49%,m0(/94i"%#+$% ‘ >\\\ 085'.$ J$ '9%#% *(+90(/'$'$ '( +$-+#9 (% '(c $- 0(/9% >L\\ 08 '( (/ 390:*(% '(%4"U% '( -$ $'9-(%+(/+#$ N 3$%,$ T\ $r9% +$-+#9 $- '.$ N '( V#,$0#/$ ? (% '(c $- 0(/9% P\\ K@ $- '.$ N '( f+"$'*9 >>g ‘ >L\\ } >T\\ 085'.$ (/ 390:*(% 0$N9*(% '( Z\ a\\ K@ $- '.$ (/ 4$+#(/,(% +9/ *#(%89 '( 'U1#+#,7 J$ $r9%7 $'0#/#%,*$+#M/ '( V#,$0#/$ ? f?L N ?Og 49* V.$ 4$*(/,(*$- +9/ 9 %#/ %"4-(0(/,$+#M/ +9/ %$-(% '( +$-+#9 '#%0#/"N( (- *#(%89 J9% $-#0(/,9% +9/ $-,9 +9/,(/#'9 '( +$-+#9 p"( %( '( 1*$+,"*$ '( +$'(*$ (/ 4(*%9/$% '( 0$N9*(% f+"$'*9 >Lg7 *(+90#(/'$/ %"8(*#* #/+-"N(/ 2 -(+3(c p"(%9c *(p"(%M/c %$*'#/$%c -(8"0:*(c V(*'"*$% f$+(-8$%c (%4#/$+$%gc 1*",$% J$ '9%#% *(+90(/'$'$ '( V#,$0#/$ ? (% '(c $- 0(/9% P\\ K@ f/$*$/k$gc 1*",9% %(+9% f$-0(/'*$c $V(--$/$%g f+"$'*9 >Pg7 J$ $- '.$ N '( a\\mL\\\ K@ $- '.$ (/ 4$+#(/,(% +9/ *#(%89 '( #/8(%,#M/ +9/%#'(*$:-( '( +$1(./$ fv P ,$S$% '( +$1U 5 '.$g %( 'U1#+#, 0$N9* +909 $/+#$/9% N (/1(*09% +*M/#+9% f390:*(% $%9+#$ '( 0$/(*$ %#8/#1#+$,#V$ +9/ 1*$+,"*$ '( +$'(*$ (/ 0$N9*(% '( YT $r9%g7 D( *(+90#(/'$ $'0#/#%,*$* (/ -$ '#(,$ 390:*(% N 0"k(*(%7 ?(:( (V#,$*%( "/ +9/%"09 '( 0i% '( P '( 390:*(% N 0"k(*(% v T\ $r9% a\\ @K fL\ “8g5'.$ '( ,$S$% '( +$1U $- '.$7 J9% (1(+,9% '(- %9'#9 %9:*( -$ ?
Og7 I% *(+90(/'$:-( (04-($* %"4-(0(/,9% '( -$ #/8(%,$ '#$*#$ (;+('( L>\\ 08 f[\ 009-g7 I/ 390:*(% N V#,$0#/$ ? N +$-+#9 (/ 0"k(*(% 0$N9*(% +9/ 9%,(949*9%#% D( 0"k(*(% +9/ "/$ '#(,$ /9*0$- "/ $49*,( $'#+#9/$- '( *(+90#(/'$ "/$ #/8(%,$ $'(+"$'$ '( +$-+#9 (/ ,9'$ -$ 0$8/(%#9 /9 ,#(/( (1(+,9 %#8/#1#+$,#V9 %9:*( (- *#(%89 '( 49:-$+#M/7 J$ '9%#% *(+90(/'$'$ '( +$-+#9 (% '(c $- 0(/9%c 1*$+,"*$ '( +$'(*$7 I- $49*,( $'#+#9/$- '( +9:*( N S#/+ $ -$ >L\\ 08 '( +$-+#9 $- '.$ f(/ -$ '#(,$ 9 +9/ %"4-(0(/,9g7 D( '#(,$ /9 ,#(/( "/ (1(+,9 #049*,$/,( %9:*( -$ '(/%#'$' '(:( (V#,$* 9 *('"+#* (- +9/%"09 '( $-+939-c -$ #/8(%,#M/ 0#/(*$- M%($ N (- *#(%89 '( 1*$+,"*$ '( +$'(*$7 I/ 0"k(*(% $:"/'$/,( '( +$1U N (V#,$* (- 3i:#,9 ,$:ip"#+97 J$ '#(,$ $-,$ 0$N9*(% '( O[ $r9% (- +9/%"09 $-,9 '( 3#(**9 fv O\ 08 5 '.$g (/ 4*9,(./$% ,#(/( (1(+,9% $'V(*%9% (/ (- *#(%89 '( 1*$+,"*$% 4"('( %(* $%9+#$'9 +9/ "/ #/+*(0(/,9 (/ (- *#(%89 '( '( +$'(*$ (/ 390:*(%7 1*$+,"*$ '( +$'(*$7 J$ V#,$0#/$ n /9 (% (1#+$S (/ '#%0#/"#* -$ 4U*'#'$ M%($ (/ B9 %( *(+90#(/'$ -$ #/8(%,#M/ $'#+#9/$- '( 0$8/(%#9c +9:*(c 0"k(*(% 49%0(/94i"%#+$% +9/ 9%,(949*9%#% N /9 (% %"4(*#9* S#/+c 1M%19*9c 0$/8$/(%9c 3#(**9 N i+#'9% 8*$%9% (%(/+#$-(% $ -$ $'0#/#%,*$+#M/ '( +$-+#9 N V#,$0#/$ ?7 B9 %( *(+90#(/'$ 4$*$ -$ 4*(V(/+#M/ 9 ,*$,$0#(/,9 '( 9%,(949*9%#%7 B9 (;#%,( -$ $'0#/#%,*$+#M/ '( V#,$0#/$ n 4$*$ -$ 4*(V(/+#M/ N "/$ ,(*$4#$ #/'#V#'"$- M4,#0$ 4$*$ (- 0$/(k9 '( 9%,(949*9%#%7 ,*$,$0#(/,9 '( 9%,(949*9%#% (/ 0"k(*(% 49%0(/94i"%#+$%7 J$ %"4-(0(/,$+#M/ +9/ +$-+#9 f>\\\ 085'g N ]#,$0#/$ ?O fa\\ )*(4$*$+#9/(% +9/ 1-"9*"*9 '( %9'#9 /9 3$/ 09%,*$'9 p"( K@5'g '(:( #/'#+$*%( $"/$'9 +9/ (- ,*$,$0#(/,9 *('"S+$/ 1*$+,"*$% V(*,(:*$-(% N /9 V(*,(:*$-(% (/ 0"k(*(% 1$*0$+9-M8#+97 J$ $'0#/#%,*$+#M/ '( +$-+#9 N V#,$0#/$ ? $ 49%0(/94i"%#+$% +9/ 9%,(949*9%#% $ 4(%$* '( "/ #/+*(0(/,9 ,*$VU% '( -$ '#(,$ 9 %"4-(0(/,9% %9/ (%(/+#$-(% 4$*$ -$ +9/%#%,(/,( N %9%,(/#'9 '( -$ ?
\\\ ('$' ,(04*$/$ +9/,*#:"N( $ #/+*(0(/,$ (- 4#+9 '( 0$%$ M%($ 085'.$g N V#,$0#/$ ?O fa\\ K@5'.$g %( *(+90#(/'$/ +909 [Z
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0N $"0(/,$ -$ ?
4$*$ 4*98*$0$* -$ *(4(,#+#M/ '( ?IhA +$'$ L $r9%c (/ ,9'9 $r9 %9/ (1(+,#V9% (/ *('"+#* +$.'$% N -(%#9/(% f+"$'*9 >Tg7 I+$%9 %# %( *(4#,( '(:( '( 3$+(*%( (/ (- 0#%09 -"8$* f+$'(*$c (k(*+#+#9 $(*M:#+9 '( $-,$ #/,(/%#'$'c *(%#%,(/+#$ ( #04$+,9 +9-"0/$ -"0:$*g '( -$ :$%$-7 D( *(+90#(/'$ *($-#S$* "/ f+909 %$-,$*g #/+*(0(/,$ -$ '(/%#'$' 0#/(*$- M%($ '(- > q $%(8"#0#(/,9 +9/ ?IhA +(/,*$- f+$'(*$ N +9-"0/$g (/,*( > M L Pq (/ 0"k(*(% 4*(0(/94i"%#+$%c 0(/94i"%#+$% N $r9% 4$*$ (V$-"$* -$ (1(+,#V#'$' ,*$,$0#(/,97 H(4(,#* -$ 49%0(/94i"%#+$%7 J$ 4*i+,#+$ (k(*+#+#9 '"*$/,( "/ $r9 '(,(*0#/$+#M/ '( -$ ?
7T q $- $r9 (/ *($-#S$*%( %# V$ $ 09'#1#+$* (- ,*$,$0#(/,9 4*(%+*#,97 0"k(*(% $/+#$/$% +904$*$'$% +9/ 0"k(*(% %('(/,$*#$%7 D( *(+90#(/'$ *($-#S$* $+,#V#'$' 1.%#+$ N (k(*+#+#9 '(%'( (,$4$% J$% ,U+/#+$% 4(*#1U*#+$% f?IhA /9 *($-#S$'$ (/ +$'(*$ 9 ,(04*$/$% N '"*$/,( ,9'$ -$ V#'$ #/+-"N(/'9 $+,#V#'$'(% '( +9-"0/$g /9 '(:(/ %(* +9/%#'(*$'$% 4$*$ (- %(8"#0#(/,9 %#/9 :$k9 N $-,9 #04$+,97 ?(%'( (,$4$% ,(04*$/$%c %( *(+90#(/'$ 4$*$ (%,#0$* (- *#(%89 '( 9%,(949*9%#%7 B9 (% *(+90(/'$:-( -$ *($-#S$+#M/ '#$*#$ '( (k(*+#+#9 N (- 0$/,(/#0#(/,9 '(- 4(%9 ",#-#S$* $ "-,*$%9/98*$1.$ +"$/,#,$,#V$ 4$*$ (%,$:-(+(* (#'($-c 4$*$ 19*,$-(+(* -$ (%,*"+,"*$ M%($7 I- (/,*(/$0#(/,9 '( %(8"#0#(/,9 '( "/ 4$+#(/,( +9/ 9%,(949*9%#%7 1"(*S$ N (- (k(*+#+#9 4*9'"+,#V9 f+$0#/$*g %( *(+90#(/'$/ +909 4$*,( '(- ,*$,$0#(/,9 '( -$ 9%,(949*9%#%7 D( *(+90#(/'$ (V#,$* 1$+,9*(% p"( #/+*(0(/,$/ -$ 4U*'#'$ '(
HIQIHIB=@A D( *(+90#(/'$ +9/%#'(*$* *(1(*#* $- (/'9+*#/M-989 9 (%4(+#$-#%,$ (/ 0(,$:9-#%09 M%(9 $- 4$+#(/,( p"( /9 ,9-(*$ (,*$,$0#(/,9 9 0"(%,*$ 4*98*(%#M/ 9 1*$+,"*$ *(+"**(/,( '(%4"U% '( L $r9% '( ,*$,$0#(/,97 D( *(+90#(/'$ *(1(*#* $ %(8"/'9 /#V(- $ -9% 4$+#(/,(% +9/ -$% %#8"#(/,(% +$*$+,(*.%,#+$%2 >7 F%,(949*9%#% %(V(*$ +9/2 ‘ ?
+$-+#9 ,$-(% +909 -$% '#(,$% 3#4(*4*9,(#+$% ( 3#4(*%M'#+$%c 0"N $-,$% (/ 1#:*$c (- +9/%"09 '( +$1(./$c :(:#'$% +$*:9/$,$'$%c ,$:$+9 N %('(/,$*#%097 D( '(:( (V#,$* 9 *('"+#* (- +9/%"09 '( $-+939-c -$ #/8(%,$ $:"/'$/,( '( +$1U N (V#,$* (- 3i:#,9 ,$:ip"#+97 D( *(+90#(/'$ /9 #/8(*#* vO :(:#'$% $-+93M-#+$% $- '.$ '(:#'9 $ p"( %9/ "/ 1$+,9* '( *#(%89 4$*$ '( +$.'$% N 4$*$ -$ %$-"' M%($7 A/,( "/$ 4U*'#'$ '( -$ $-,"*$ v L +0% $- $r9 9 3#%,9*#$ '( "/$ 4U*'#'$ v Y +0%c ;#19%#% 9 %./'*90( '9-9*9%9 -"0:$* $8"'9 '(:( %9-#+#,$*%( "/$ *$'#98*$1.$ ,9*$+9-"0:$* 4$*$ '(,(*0#/$* -$ 4*(%(/+#$ '( 1*$+,"*$% V(*,(:*$-(%7
HI=K)IHA=@CB D( *(+90#(/'$ "/ 4(*.9'9 '( >P '.$% '( #/+$4$+#'$' 4$*$ (4$+#(/,( +9/ 9%,(949*9%#% %(V(*$c (/1(*0('$' 9 +9/'#+#M/ [a
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0$%9+#$'$ /9 +9/,*9-$'$ p"( -#0#,( -$ +$4$+#'$' 1"/+#9/$-7 D( *(+90#(/'$ "/ 4(*.9'9 '( La '.$% 4$*$ (- 4$+#(/,( +9/ 9%,(949*9%#% %(V(*$ ( 3#%,9*#$ '( 1*$+,"*$ p"( -#0#,( ('(%(04(r9 '( %" $+,#V#'$' -$:9*$-7
)*'0)+*&+ ?$,+2'* B9 3$N (V#'(/+#$ '( (%,*$,(8#$% X,#-(% (/ -$ 4*(V(/+#M/ '( -$ $4$*#+#M/ '( +$%9% /"(V9% '(- E*$%,9*/9 ^#49-$* fE^g7 I;#%,( (V#'(/+#$ '( p"( (- *#(89 '( 4$'(+(* ,*$%,9*/9 :#49-$*c %( #/+*(0(/,$ +"$/'9 %( ,#(/(/ $/,(+('(/,(% 1$0#-#$*(% '(0#%09 D( '(:( *($-#S$* -$ '(,(++#M/ ,(04*$/$ (/ 49:-$+#M/ (/ *#(%89 N '(,(++#M/ '( +$%9% (/ 49:-$+#M/ $:#(*,$7 B9 3$N (V#'(/+#$ '( "/$ (,#9-98.$ (%4(+.1#+$7 I;#%,( *(49*,(% '( 3$--$S89% 4(*%#%,(/,(% '( $/9*0$-#'$'(% /("*9(/'9+*#/9-M8#+$% N /("*9$/$,M0#+$%2 (/ (- (k( 3#49,i-$09m3#4M1#%#%m%"4*$**(/$-c (k( 3#49,i-$09m 3#4M1#%#%,#*9#'(%c %#%,(0$ -.0:#+9c $0.8'$-$ N /X+-(9% :$%$-(%c +9/(;#M/ (/,*( (- +(*(:(-9c *(8#M/ -.0:#+$ N 4$*$-.0:#+$c +9*,(S$ V(/,*$- 1*9/,$- #Sp"#(*'$c *(8#M/ 4*(1*9/,$-c (%,*#$'9 N +9*,(S$ 1*9/,$-c *(8#9/(% 4$*#(,$-(% N ,(049*$-(%7 I;#%,(/ (V#'(/+#$% '( -$ (,#9-98.$ 8(/U,#+$ '(- E^7 J$ ,$%$ '( +9/+9*'$/+#$ 4$*$ -9% 8(0(-9% 09/9+#89,9% %( $4*9;#0$ $a\q N (/ '#+#89,9% $- L\q7 I/ 1$0#-#$*(% '( 4$+#(/,(% :#49-$*(% (% >\ V(+(% 0i% 1*(+"(/,( (- ,*$%,9*/9 :#49-$* p"( (/ 1$0#-#$*(% '( %"k(,9% %$/9%7 R$N *(1(*(/+#$ '( 3$--$S89% (/ -9% (%,"'#9% 4%#+91$*0$+9-M8#+9%c p"( *(-$+#9/$/ -9% %#%,(0$% '( /("*9,*$/%0#%#M/ +9/ (- ,*$%,9*/9 :#49-$*2 D9:*($+,#V#'$' '( -$ '94$0#/$c (/ -$ 0$/.$w '#%0#/"+#M/ '( -$ 1"/+#M/ %(*9,9/#/U*8#+$ (/ -$ '(4*(%#M/7
?@A!BCDE@=F =909 (-(0(/,9% +-./#+9% 4*9'*M0#+9% 9 '$,9% #/#+#$-(% '(,*$%,9*/9 :#49-$* %( 3$/ 1"/'$0(/,$'9 *$%89% '( '#%,#0#$c +#+-9,#0#$ 9 3#4(*,#0#$ f#**#,$:#-#'$' ( #04"-%#V#'$'g7 A%. +909 -$:#-#'$' (09+#9/$-c $/%#('$'c ,*$%,9*/9% '( $,(/+#M/c 3#4(*$+,#V$+#M/c '(4*(%#M/c p"(k$% %90i,#+$% N 4*9:-(0$% (%+9-$*(%c 4*#/+#4$-0(/,( %# ,#(/(/ "/ 4$,*M/ (4#%M'#+97 D./,90$% $%9+#$'9% $ #/#+#9 ,(04*$/9 '(- ,*$%,9*/9 %9/ +9/'"+,$ '#%*"4,#V$c #**#,$:#-#'$'c +9/'"+,$ '(%+9/,*9-$'$ I;+(%9 '( (/(*8.$c '(%+(/%9 (/ -$ /(+(%#'$' '( %"(r9c $"0(/,9 (/ (- #/,(*U% %(;"$-c $"0(/,9 (/ +9/'"+,$% '( *#(%89c %(/%$+#M/ '( $"0(/,9 (/ -$ +$4$+#'$' +98/9%+#,#V$ N ("19*#$
[[
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-$ #/,(*0#,(/+#$ '( -9% (4#%9'#9% 0$/#$+9% N '(4*(%#V9% +9/ J9% 4*#/+#4$-(% %#8/9% N %./,90$% '( <$/.$ 9 R#490$/.$ %9/2 o @/+*(0(/,9 '( (/(*8.$c 3#4(*$+,#V#'$'c #/p"#(,"' o 4(*.9'9% $%#/,90i,#+9%7 A",9(%,#0$ (;$-,$'$ 9 %(/,#0#(/,9% '( 8*$/'#9%#'$' o @**#,$:#-#'$' (;,*(0$ o )(/%$0#(/,9% (/ +$%+$'$c -(/8"$k( *i4#'9c V(*:9**(#+9c 1"8$% '( #'($% 9 (;4(*#(/+#$% %":k(,#V$% =F
q '( -9% 4$+#(/,(% +9/ E^ 4*(%(/,$/ (%,9% %./,90$% 4(*9 +9/ "/ 8*$'9 0(/9* '( '#%1"/+#9/$-#'$'7 E*$%,9*/9 9:%(%#V9m+904"-%#V97 o I- L\7aq '( -$ 49:-$+#M/ J9% 4*#/+#4$-(% %#8/9% N %./,90$% '( '(4*(%#M/ %9/2 o +9/ E^ 4*(%(/,$/ ,*$%,9*/9% '( 4i/#+97 o J$ 4*(%(/+#$ '( A:$,#0#(/,9 '(- i/#09 o R"09* '(4*(%#V9 o D(/,#0#(/,9% '( 19:#$ %9+#$- $%9+#$'$ $- E^ V$*#$ '(- >Y $- PZq '(4(/'#(/'9 '(%(%4(*$/S$ 9 4(%#0#%09 o D(/,#0#(/,9 '( +"-4$c '( '(- (%,"'#9 o J9% ,*$%,9*/9% '( -$ +9/'"+,$ $-#0(/,$*#$ %9/ #/",#-#'$' 9 '( $:$/'9/9 o )U*'#'$ '( #/,(*U% (/ $+,#V#'$'(% 0$N9* '(- >\q (/ (- E^ o ?(- >O $- LOq '( -9% 4$+#(/,(% +9/ +9,#'#$/$% o ?#%0#/"+#M/ (/ -$ +$4$+#'$' '( (;4(*#0(/,$* E^ 4*(%(/,$/ "/ ,*$%,9*/9 '( +9/,*9- '( -9% #04"-%9%c %( 3$ 4-$+(* o ?#%0#/"+#M/ '( (/(*8.$ o R#49$+,#V#'$' N -(/,#,"' %"8(*#'9 p"( 4*('#+( (- #/#+#9 '(- E^ (/ -$ 0$N9*.$ '( -9% 4%#+909,9*$ o ?#1#+"-,$' 4$*$ +9/+(/,*$*%(c '#%0#/"+#M/ (/ -$ +$%9% o J$ 4*(V$-(/+#$ $ -9 -$*89 '( -$ V#'$ '( ,*$%,9*/9% '( 0(09*#$ N +$4$+#'$' 4$*$ ,90$* '(+#%#9/(% o @**#,$:#-#'$' 9 4(*%9/$-#'$' (/ 4$+#(/,(% :#49-$*(% V$ '( L[ $ Paq %(8X/ (#/p"#(,"' o @/%90/#9 9 3#4(*%90/#9 o R#49 9 3#4(*(;#$ o (%,"'#97 D( 3$/ $%9+#$'9 4*#/+#4$-0(/,( -9% ,*$%,9*/9% '( ?9-9*(% +*M/#+9% 9 p"(k$% %90i,#+$% o @'($% '( 0"(*,( 9 '( 4(*%9/$-#'$' 9:%(%#V9m+904"-%#V9c -.0#,(c /$*+#%#%,$c %"#+#'#97 (V#,$,#V9c 3#%,*#M/#+9 N $/,#%9+#$-7 I/ (- (%,"'#9 B=D fB$,#9/$=909*:#-#,N D"*V(Ng %( 09%,*M p"( -9% 4$+#(/,(% +9/ I/ -9% (%,$'9% 0#;,9% %( 4*(%(/,$ "/$ +90:#/$+#M/ '( ,*$%,9*/9 :#49-$* ,"V#(*9/ OT V(+(% 0$N9* *#(%89 '( ,*$%,9*/9 %./,90$% '( '(4*(%#M/ N '( 0$/.$ $- 0#%09 ,#(049c (/ (%,$ '( $/%#('$' +904$*$'9 +9/ -$ 49:-$+#M/ 8(/(*$-7 K/$ V(S +9/'#+#M/ +-./#+9 (;#%,( 0$N9* *#(%89 %"#+#'$7 >P J9% %./,90$% #'(/,#1#+$'9 (- 4$+#(/,( +9/ E^ %( '(:(*i #/V(%,#8$* -$ 4%#+M,#+9% 0i% +90"/(% %9/2 o A-"+#/$+#9/(% V#%"$-(% 9 4*(%(/+#$ '( 9,*9% ,*$%,9*/9% 0(/,$-(% 4$*$ -$% $"'#,#V$% o @'($% '(-#*$/,(% o ?(%9*8$/#S$+#M/ '( -$ +9/'"+,$ #/,(*V(/+#9/(% ,(*$4U",#+$% /(+(%$*#$% N %" #04$+,9 (/ -$ N '(- 4(/%$0#(/,9 o )U*'#'$ '(- k"#+#9 '( -$ *($-#'$'7 (V9-"+#M/ '(- E^7 J9% +*#,(*#9% +-./#+9% 4$*$ (- '#$8/M%,#+9 '( ,*$%,9*/9 :#49-$* N I/,*( -9% 4$+#(/,(% +9/ 0#8*$r$ -$ 4*(V$-(/+#$ '( E^ (% '(%"% %":,#49% '(/,*9 '( -$ +$,(89*.$ '( ,*$%,9*/9% $1(+,#V9%c %( a7Yq7 =9/ "/$ 4*9:$:#-#'$' p"( 9%+#-$ (/,*( LY N PPq '( :$%$/ (/ +-$%#1#+$+#9/(% #/,(*/$+#9/$-(% +909 -$ '( -$ F
\g N (- '( -$ A%9+#$+#M/ )%#p"#i,*#+$ A0(*#+$/$ f?D< @]m +909*:#-#'$'(% +9/ 4$,9-98.$ '( ,#49 +$*'#9V$%+"-$*c EHg fA/(;9 Y7Oc +"$'*9 @g I- Z\q '( -9$% 4$+#(/,(% +9/ E^ %9/ (/'9+*#/9-M8#+9c %./'*90( 0(,$:M-#+9c I)F=c (/1(*0('$'(% 0$- '#$8/9%,#+$'9%c ,$*'$/ "/ 4*90('#9 '( a $r9% 4$*$ '( ,*$/%0#%#M/ %(;"$-c (,+7 J$ +909*:#-#'$' +9/ '#$:(,(% *(+#:#* '#$8/M%,#+9 +9**(+,97 0(--#,"% N (/1(*0('$' +$*'#9V$%+"-$* %9/ '( %"0$ ]$-9*$* '( 0$/(*$ #/,(/+#9/$'$ -$ 4*(%(/+#$ '( "/ ,*$%,9*/9 #049*,$/+#$ (/ -$ $,(/+#M/ '(- 4$+#(/,(7 J9% (%,"'#9% $1(+,#V9 (%4(+.1#+97 I/ 4$+#(/,(% p"( 4*(%(/,$/ %./,90$% 0"(%,*$/ p"( (- *#(%89 '( E^ (/ (- '#$:U,#+9 (% P V(+(% 0$N9* 4*(0M*:#'9% 9 1*$/+9% '( 0$/.$ f(%4(+#$- $,(/+#M/ (/ p"( (/ -$ 49:-$+#M/ 8(/(*$-7 A-8"/9% (%,"'#9% 0"(%,*$/ "/ 4$+#(/,(% +9/ $:"%9 '( $-+939- 9 '*98$%c I/1(*0('$'(% '( 0$N9* 49*+(/,$k( '( 0"(*,( %(+"/'$*#$ $ (/1(*0('$' E*$/%0#%#M/ %(;"$-c #/(%,$:#-#'$' -$:9*$-gc '(:(*i (;4-9*$*%( +$*'#9V$%+"-$* V%7 -$ 49:-$+#M/ 8(/(*$-7 -$ 3#%,9*#$ '( %./,90$% '(4*(%#V9% N V#+(V(*%$7 I%,9 '(:#'9 $
>\\
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0I/ $'9-(%+(/,(% 0$N9*(% -$ 4*(%(/+#$ '( #/+9/8*"(/+#$ J9% 9:k(,#V9% '(- ,*$,$0#(/,9 4%#p"#i,*#+9 %9/ 2 o (%,$:-(+(* N $1(+,#V$c #'($% '(-#*$/,(% N $-"+#/$+#9/(%c ,*$%,9*/9% '(0$/,(/(* "/$ $-#$/S$ ,(*$4U",#+$c o +9/,*9-$* (- (%,$'9 4(/%$0#(/,9 4"('(/ +9/1"/'#* (- E^ +9/ (%p"#S91*(/#$ 3$%,$ 0(/,$- '(- 4$+#(/,( o 4*949*+#9/$* #/19*0$+#M/ *(%4(+,9 $(- T\q '( -9% +$%9%7 J9% %./,90$% '( 3#4(*$+,#V#'$'c ,*$%,9*/9 :#49-$*c o 190(/,$* (- +"04-#0#(/,9 '(#04"-%#V#'$' N '#%,*$#:#-#'$' '(- E?AR 4"('(/ %(0(k$* -$ 1$%( ,*$,$0#(/,9 N (- 0$/,(/#0#(/,9 '( 4$,*9/(% *(8"-$*(% '( '( 3#490$/.$ '(- E^c 4(*9 (/ U%,( 3$N 8*$/'#9%#'$'c i/#09 %"(r9 N $+,#V#'$' o $/,#+#4$*%( $ -9% (%,*(%9*(% $0:#(/,$-(% o (;$-,$'9c 1"8$ '( #'($%c 3#4(*%(;"$-#'$' N '#%0#/"+#M/ (/ -$ #'(/,#1#+$* '( 19*0$ 4*(+9S -9% /"(V9% (4#%9'#9% N 0#/#0#S$* /(+(%#'$' '( %"(r97 ?$'9 p"( -9% %./,90$% %( ,*$%-$4$/ N (- '(,(*#9*9 1"/+#9/$- o 8$*$/,#S$* -$ %(8"*#'$' 4$*$ ((%,9 4"('( --(V$* $ "/ D9:*('#$8/M%,#+97 4$+#(/,( N p"#(/(% -9 *9'($/7 J$ (V$-"$+#M/ +-./#+$ #/#+#$- '(4$+#(/,( +9/%#%,( (/2 o R#%,9*#$ 4%#p"#i,*#+$ +904-(,$ o I/,*( -9% 4$'(+#0#(/,9% /9 4%#p"#i,*#+9% p"( 4"('(/ +"*%$* IV$-"$+#M/ '(- (%,$'9 0(/,$- o I;$0(/ 1.%#+9 o @'(/,#1#+$* +9/ %./,90$% $1(+,#V9% %( (/+"(/,*$/2 o B("*9-M8#+9%2 o +904-#+$+#9/(% +909 '(%3#'*$,$+#M/ o I%4(+#$- $,(/+#M/ (/ -$ E"09*(%c ,*$"0$% '( +*i/(9c I]=c I%+-(*9%#% 0X-,#4-(c %(8"*#'$' '(- 4$+#(/,( N '( p"#(/(% -9 *9'($/ o )*(%(/+#$ '( I/1(*0('$' '( )$*|#/%9/c R"/,#/8,9/c I4#-(4%#$c -(%#9/(% +909*:#-#'$' 4%#p"#i,*#+$ N /9 4%#p"#i,*#+$ o =9/'#+#M/ $+,"$+(*(:(-9%$%c /("*9#/1(++#9/(% o I/'9+*#/9-M8#+$% o D./'*90( '(- (%,$'9 '( i/#09 '(- 4$+#(/,(7 '( ="%3#/8c I/1(*0('$' '( A''#%9/c R#4(*,#*9#'#%09c 3#49,#*9#'#%09c o <(,$:M-#+$% o K*(0#$c 'U1#+#, '( V#,$0#/$ I- -#,#9 N $-8"/9% $/,#(4#-U4,#+9% p"( 3$/ '(09%,*$'9 (1#+$+#$ ^>Lc o @/1(++#9%$% o D@?A o A",9#/0"/(% o J"4"% I*#,(0$,9%9 +909 (%,$:#-#S$'9*(% '(- (%,$'9 '( i/#09c %9/ +9/%#'(*$'9% D#%,U0#+9 I/,*( -9% 1i*0$+9% $%9+#$'9% $ %./,90$% $1(+,#V9% +909 ,*$,$0#(/,9 '( 4*#0(*$ (-(++#M/ ,$/,9 (/ -$ 1$%( $8"'$ -$ (V#'(/+#$ 0"(%,*$ p"( -9% $/$:9-#S$/,(%c +9*,#+9(%,(*9#'(% +909 '( 0$/,(/#0#(/,97 J9% (/%$N9% +-./#+9% +9/,*9-$'9% N $/'*M8(/9%c $/,#4$*|#/%9/#$/9%c $/,#'(4*(%#V9% ,*#+#+-#+9%c fI==g 3$/ 09%,*$'9 p"( (% %"4(*#9* $- 4-$+(:97 I- Z\q '( -9% (%,#0"-$/,(% '(- %#%,(0$ /(*V#9%9 +(/,*$-c $-"+#/M8(/9%c 4$+#(/,(% ,*$,$'9% +9/ -#,#9 3$/ 09%,*$'9 "/$ *('"++#M/ $-+939-c 94#i+(9%c ,":(*+"-9(%,i,#+9%c 4*98(%,i8(/9% N 4$*+#$- '( -$ 0$/.$7 I/ $-8"/9% I== +9/ +904$*$'9* $+,#V9 %( (%,*M8(/9%c $/,#/(94-i%#+9%c $/,#3#4(*,(/%#V9%7 3$ 09%,*$'9 p"( (- -#,#9 (% (1(+,#V9 (/ (- ,*$,$0#(/,9 '( -$ 0$/.$ 4"*$ 4(*9 (% 0(/9% (1(+,#V9 (/ (- ,*$,$0#(/,9 '( -9% A/,( -$ 4*(%(/+#$ '( %./,90$% $1(+,#V9% %( '(:( '(%+$*,$* (4#%9'#9% 0#;,9%7 I- V$-4*9$,9 (% "/$ $-,(*/$,#V$ p"( 3$ +-./#+$ N 4$*$+-./#+$0(/,( (%,9% ,*$%,9*/9%7 09%,*$'9 ,(/(* ,$/,$ (1(+,#V#'$' (/ (- ,*$,$0#(/,9 '(- E^7
=F<)J@=A=@FBID ?IJ EHADEFHBF ^@)FJAH I- %"#+#'#9 (% -$ +904-#+$+#M/ 0i% 1*(+"(/,( '(- E^7 J9% (%,"'#9% 0"(%,*$/ p"( 3$%,$ -$ 0#,$' '( -9% 4$+#(/,(% '#$8/9%,#+$'9% +9/ E^ #/,(/,$ %"#+#'$*%( N '(- [ $- >Tq '( -9% '#$8/9%,#+$'9% +909 :#49-$* ,#49 @ +9/%"0$/ (- %"#+#'#97 I- E^ +"*%$ +9/ '(,(*#9*9 4%#+9%9+#$-2 (- Y\q '( -9% '#$8/9%,#+$'9% +909 :#49-$* @ (;4(*#0(/,$ '#1#+"-,$'(% (/ -$% *(-$+#9/(% #/,(*4(*%9/$-(% N (/ (- i0:#,9 -$:9*$-7 I/ -9% 4$+#(/,(% +9/ E^ %( +9/%#'(*$ /(+(%$*#9 (V$-"$* N V#8#-$* (- *#(%89 %"#+#'$ 4*#/+#4$-0(/,( (/ -9% 4$+#(/,(% p"( %( (/+"(/,*$/ (/ -$ 1$%( '(4*(%#V$ 9 p"( 4*(%(/,(/ (4#%9'#9% 0#;,9% 4$*$ (%,$:-(+(* 949*,"/$0(/,( -$% 0('#'$% '( +9/,(/+#M/
EHAEA<@IBEF EHAEA<@IBEF QAH
J$ -$09,*#8#/$ (% "/ $/,#+9/V"-%#V$/,( p"( %( 3$ $4*9:$'9 4$*$ (- 0$/(k9 '( -9% (4#%9'#9% '(4*(%#V9% N '( 0$/,(/#0#(/,97 I/ $-8"/9% (%,"'#9% %( 3$ 09%,*$'9 p"( (-#,#9 ,#(/( "/$ (1#+$+#$ +904$*$:-( +9/ (- V$-4*9$,9c -$ +$*:$0$S(4#/$c -$ *#%4(*#'9/$c -$ 9-$/S$4#/$c -$ +-9*4*90$S#/$ N 9,*9% $/,#4%#+M,#+9% ,.4#+9%7 J9% $/,#4%#+M,#+9% $,.4#+9% %9/ ",#-#S$'9% 1*(+"(/,(0(/,( 4$*$ ,*$,$* %./,90$% '(- E^7 A 0(/"'9 %9/ ",#-#S$'9% (/ +90:#/$+#M/ +9/ 9,*9% 0('#+$0(/,9%7 I- $*#4#4*$S9-c N -$ 9-$/S$4#/$ (%,i/ $4*9:$'9% (/ (- ,*$,$0#(/,9 '( -9% (4#%9'#9% $8"'9% 0$/#$+9% 9 0#;,9%7 J$ 9-$/S$4#/$ (% X,#- (/ -9% %./,90$% '( 0$/.$ %(V(*$c +"(/,$ +9/ "/$ 4*(%(/,$+#M/ 4$*(/,(*$- p"( (% X,#- (/ -9% +"$'*9% '( $8#,$+#M/ 9 +"$/'9 /9 (% 49%#:-( -$ V.$ 9*$-7 J$ p"(,#$4#/$ (%,$ $4*9:$'$ 4$*$ (- "%9 '( %./,90$% 0$/#$+9% -(V(% $ %(V(*9% $%. +909 4$*$ %(* ",#-#S$'$ (/ (4#%9'#9% '(4*(%#V9%7 J$ *#%4(*#'9/$ N -$ S#4*$%#'9/$ ,$0:#U/ %( *(+90#(/'$/ 4$*$ (4#%9'#9% 0$/#$+9% N 0#;,9%7 J$ 4$-#4(*#'9/$ N -$ $%(/$4#/$ 3$/ %#'9 $4*9:$'9% +909 $/,#4%#+M,#+9% 4$*$ (- (4#%9'#9 '( 0$/.$ 9 0#;,97
>\>
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0I- ,*$,$0#(/,9 1$*0$+9-M8#+9 '( (-(++#M/ 4$*$ -9% (4#%9'#9% I/ +$%9 '( *(+"**(/+#$ (/ -$ 1$%( '( 0$/,(/#0#(/,9c -$ 0$/#$+9% 9 0#;,9% 8*$V(% (% #/#+#$-0(/,( -#,#9 9 V$-4*9$,9 *(+90(/'$+#M/ #/#+#$- (% 94,#0#S$* -$ '9%#% '(- 1i*0$+9 '( 0$% "/ $/,#4%#+M,#+97 )$*$ (4#%9'#9% '( 0(/9* #/,(/%#'$'c 0$/,(/#0#(/,97 ="$/'9 /9 %( 9:,#(/( *(%4"(%,$ +9/ +909 -$ 3#490$/.$c 4"('( %(* %"1#+#(/,(c 09/9,(*$4#$ +9/ 1i*0$+9% '( 4*#0(*$ (-(++#M/ $ '9%#% N ,#(049 %"1#+#(/,(c %( -#,#9c V$-4*9$,9c 9 "/ $/,#4%#+M,#+9 $,.4#+97 I/ 9+$%#9/(% 4"('( #/'#+$ -$09,*#8#/$c 4$*9;(,#/$c 9 $/1(:",$09/$c %# 4(*%#%,( -$ %(* X,#- +9$'N"V$* (- ,*$,$0#(/,9 +9/ "/$ :(/S9'#$+(4#/$ 49* 1$-,$ '( *(%4"(%,$c %( +$0:#$*$ $ V(/-$1$;#/$7 R$N 0$N9* "/ 4(*#9'9 +9*,97 )$*$ (4#%9'#9% 0#;,9%c (% 4*(1(*#:-( (*#(%89 '( 3#490$/.$ (/ 4$+#(/,(% +9/ ,*$,$0#(/,9 V$-4*9$,9 $- -#,#97 =909 $-,(*/$,#V$% $- -#,#9 N V$-4*9$,9 %( $/,#'(4*(%#V9 p"( ,(/8$/ $/,(+('(/,( '( 0$/.$7 I/ *(+90#(/'$/ +$*:$0$S(4#/$ N 9;+$*:$S(4#/$7 )$*$ -9% 4$+#(/,(% +9/ '(%/",*#+#M/ #049*,$/,(c %./,90$% 4%#+M,#+9%c 4$+#(/,(% p"( (/ 1$%( '( 0$/,(/#0#(/,9 (;4(*#0(/,$/ "/$ *#(%89 %"#+#'$c (0:$*$S9 +9/ %./,90$% 4%#+M,#+9% 9 '(4*(%#M/ *(+"**(/+#$c -$ #/,(*V(/+#M/ +9/%#%,( (/ 94,#0#S$* -$ '9%#% '(*(%#%,(/,(c -$ EI= 4"('( %(* -$ $-,(*/$,#V$7 0('#+$0(/,9 9 *(#/,*9'"+#* $-8X/ $/,#4%#+M,#+97 A- /9 3$:(* *(%4"(%,$ $ '9%#% ,(*$4U",#+$%c %( *(+90#(/'$ $r$'#* 9,*9 1i*0$+9 '( 4*#0(*$ -./($7 F,*$ *(+90(/'$+#M/ (% $r$'#* +$*:$0$S(4#/$c 9;+$*:$S(4#/$ (/ -"8$* '( 9,*9 1i*0$+9 '( =@=JFD H_)@?FD 4*#0(*$ -./($c $r$'#* 9,*9 $/,#4%#+M,#+9 %# /9 (%,i 4*(%+*#,9 9 I- +#+-$'9* *i4#'9 (% (- 4$+#(/,( p"( 4*(%(/,$ P 9 0i% +$0:#$* (- $/,#4%#+M,#+9 49* 9,*97 J$ +-9S$4#/$ (% X,#- (/ ((4#%9'#9% (/ "/ $r9 p"( +"04-( +*#,(*#9% '( '(4*(%#M/c ,*$,$0#(/,9 '( 4$+#(/,(% *(1*$+,$*#9%7 J$ E(*$4#$ (4#%9'#9% 0#;,9c 0$/#$+9 9 3#490$/#$+9c N p"( (%,i/ I-(+,*9+9/V"-%#V$ fEI=g %( 4"('( +9/%#'(*$* (/ 4$+#(/,(% +9/ 0$*+$'9% 49* "/$ *(0#%#M/ 4$*+#$- 9 +904-(,$ $- 0(/9% 49* L 0$/.$ 8*$V(c *(%#%,(/,(c 9 '( $+"(*'9 $ 4*(1(*(/+#$% '(0(%(% 9 +$0:#9 $ -$ 49-$*#'$' 94"(%,$ R$N 4(*%9/$% p"( 4$+#(/,(c N ,$0:#U/ 4"('( (%,$* #/'#+$'$ (/ (4#%9'#9% 0#;,9% --(8$/ $ 4*(%(/,$* 0i% '( "/ (4#%9'#9 49* %(0$/$ 9 #/+-"%9 9 0$/.$ 8*$V( '"*$/,( (- (0:$*$S97 J9% (4#%9'#9% +9/ '"*$/,( "/ '.$7 J9% +#+-9% *i4#'9% %( 9:%(*V$/ (/ #/'#V#'"9% %./,90$% 4%#+M,#+9% *(p"#(*(/ ,*$,$0#(/,9 +9/ $/,#4%#+M,#+97 +9/ E^ %(V(*9 N (/ p"#(/(% 4*(%(/,$*9/ %" 4*#0(* (4#%9'#9 I- '#$8/M%,#+9 '( '(4*(%#M/ :#49-$* *(4*(%(/,$ "/ *(,9 +-./#+9c (/ ('$' ,(04*$/$7 J$ 4*(V$-(/+#$ '( +#+-$'9*(% *i4#'9% V$*.$ +9/1"/'#U/'9%( +9/ '(4*(%#M/ "/#49-$*c -9 p"( *(,*$%$ ('( >O $ TYq7 J9% (%,"'#9% 0i% +9/%#%,(/,(% 3$/ 09%,*$'9 ,*$,$0#(/,9 3$%,$ >\ $r9%7 I- -#,#9 N -9% 09'"-$'9*(% p"( -9% +#+-9% *i4#'9% %9/ 0i% 1*(+"(/,(% (/ 0"k(*(%w (- Z\m +(*(:*$-(% %9/ -$ 4*#0(*$ (-(++#M/ 4$*$ (- ,*$,$0#(/,9 '( -$ [Lq '( -9% +#+-$'9*(% *i4#'9% %9/ 0"k(*(%7 '(4*(%#M/ :#49-$*c -$ -$09,*#8#/$ 3$ '(09%,*$'9 (1(+,#V#'$' @'(/,#1#+$* 1$+,9*(% 0U'#+9% p"( +9/,*#:"N(/ $ -$ +#+-$+#M/ (/ (- 0$/(k9 '( -9% %./,90$% (/ (- (4#%9'#9 '(4*(%#V97 J9% +909 3#49,#*9#'#%09c +9/%"09 '( $-+939-c 0('#+$0(/,9% 0('#+$0(/,9% $/,#'(4*(%#V9% $ 0(/"'9 %( ",#-#S$/ (/ +909 $/,#'(4*(%#V9%7 I- ,*$,$0#(/,9 '(:( %(* -#,#9 9 +9/k"/,9 +9/ "/ (%,$:#-#S$'9* '(- 3"09* -9 p"( (V#,$*$ p"( (V$-4*9$,9c 9,*$ $-,(*/$,#V$ (% -$ -$09,*#8#/$7 I/ 9+$%#9/(% 4$+#(/,( +#+-( $ 0$/.$ 9 3#490$/.$c I/ $-8"/9% (%,"'#9% %( 3$ *(p"#(*( -$ +90:#/$+#M/ '( V$*#9% 1i*0$+9%7 (/+9/,*$'9 p"( -$ (1(+,#V#'$' '( -9% $/,#'(4*(%#V9% (/ +90:#/$+#M/ +9/ 09'"-$'9*(% '(- i/#09 (% #8"$- $- "%9 )9%,(*#9* $- +9/,*9- '(- (4#%9'#9 $8"'9c (- *#(%89 '( 4*(%(/,$* $#%-$'9 '( '#+39% 09'"-$'9*(%c 4(*9 %( *(+90#(/'$/ (/ *(+$.'$ (/ -9% %#8"#(/,(% Y 0(%(% (% (-(V$'97 B9 3$N +$%9% '( '(4*(%#M/ 09'(*$'$ $ 8*$V(7 D#(04*( %( '(:( (V#'(/+#$% %"1#+#(/,(% '( -$ (1#+$+#$ '( -9% $/,#4%#+M,#+9% (V$-"$* (- *#(%89 %"#+#'$7 Q-"9;(,#/$c )$*9;(,#/$c D(*,*$-#/$c $,.4#+9% +909 ,*$,$0#(/,9 '( 0$/,(/#0#(/,9 (/ A/1(:",$09/$ N ](/-$1$;#/$ %9/ (k(04-9% '( $/,#'(4*(%#V9% 09/9,(*$4#$7 I- ,*$,$0#(/,9 $ -$*89 4-$S9 (%,$*i '#*#8#'9 $ p"( 4"('(/ ",#-#S$*%( (/ -$ '(4*(%#M/ :#49-$*7 4*(V(/#* *(+$.'$% '( (4#%9'#9% $8"'9% '( '(4*(%#M/c 0$/.$ 9 3#490$/.$c 0#;,9%c /#/8X/ 0('#+$0(/,9 %( 4"('( +9/%#'(*$* I- -#,#9 N -9% 09'"-$'9*(% +(*(:*$-(% %9/ -$ 4*#0(*$ (-(++#M/ +909 #'($- 4$*$ -$ 0$N9*.$ '( -$ 49:-$+#M/ +9/ E^7 D( '(:( 4$*$ (- ,*$,$0#(/,9 '( -$ '(4*(%#M/ :#49-$* -$ -$09,*#8#/$ 3$ %(* +"#'$'9%9 4$*$ +9/%#'(*$* -$ (1#+$+#$ N -9% (1(+,9% '(09%,*$'9 (1(+,#V#'$' (/ (- 0$/(k9 '( -9% %./,90$% (/ (%(+"/'$*#9% N +9/%#'(*$* -$% 0(,$% N -$% +$*$+,(*.%,#+$% '( (4#%9'#9 '(4*(%#V97 I- ,*$,$0#(/,9 1$*0$+9-M8#+9 '( (-(++#M/ +$'$ 4$+#(/,(7 )9%,(*#9* $- +9/,*9- '(- (4#%9'#9 $8"'9c %( 4$*$ -$ '(4*(%#M/ %9/ (- -#,#9 9 -$ -$09,*#8#/$c /9 %( *(+90#(/'$ #/%,$-$* ,*$,$0#(/,9 '( 0$/,(/#0#(/,97 J$ *(+90#(/'$ (- "%9 '( $/,#'(4*(%#V9% (/ 09/9,(*$4#$7 I/ 0('#+$+#M/ +9/ 0$N9* (V#'(/+#$ (04.*#+$ (% (- -#,#9 N 4$+#(/,(% +9/ '(4*(%#M/ 8*$V( %( %"8#(*( -$ $'0#/#%,*$+#M/ V$-4*9$,97 F,*$% $-,(*/$,#V$% %9/ -$09,*#8#/$c +$*:$0$S(4#/$ %#0"-,i/($ '( -#,#9 N $/,#'(4*(%#V9 '(%'( (- #/#+#9 '(N 9;+$*:$S(4#/$7 D# (%,9% 1i*0$+9% %( ",#-#S$*9/ '"*$/,( -$ ,*$,$0#(/,97 1$%( $8"'$ '(:(*i/ 0$/,(/(*%( (/ (%,$ 1$%(7 D# %( ",#-#S$*9/ >\L
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0$/,#4%#+M,#+9% (/ (- (4#%9'#9 $8"'9c '(:(*i V$-9*$*%( %" 4$,*M/ '( %"(r97 J$ ,(*$4#$ 1$0#-#$* +909 $'N"V$/,( (/ (0$/,(/#0#(/,9 (/ +$%9 '( 4(*%#%,#* %./,90$% 4%#+M,#+9% 9 0$/(k9 '( E^ ,#(/( ,*(% +9049/(/,(% 1"/'$0(/,$-(%2 +909 4*(V(/+#M/ '( *(+"**(/+#$% (/ $-8"/9% +$%9%7 ?(:(09% 4%#+9('"+$+#M/c (/,*(/$0#(/,9 4$*$ 0(k9*$* -$ +9/%#'(*$* -$ EI= '( 0$/,(/#0#(/,9 (/ 4$+#(/,(% p"( +90"/#+$+#M/c (/,*(/$0#(/,9 4$*$ 0(k9*$* -$% '(%,*(S$% (/ ,"V#(*9/ *(%4"(%,$ (/ -$ 1$%( $8"'$ $ (%,$ ,(*$4#$7 -$ %9-"+#M/ '( 4*9:-(0$%7 J$ ,(*$4#$ 1$0#-#$* 3$ 09%,*$'9 0(k9*.$ (/ -$ 1"/+#M/ 1$0#-#$* N (- (%,$'9 '( i/#09 -9 p"( I- ,*$%,9*/9 (/ -$ 0"k(* 4*(%(/,$ +9/'#+#9/(% (%4(+#$-(% *('"+( (- *#(%89 '( *(+$.'$7 D( 3$ 9:%(*V$'9 ,$0:#U/ *(-$+#9/$'$% +9/ (- +#+-9 *(4*9'"+,#V9 p"( '(:(/ *('"++#M/ (/ -$% ,$%$% '( 39%4#,$-#S$+#M/7 J$ 4%#+9('"+$+#M/ +9/%#'(*$*%(2 o J$ 49%#:#-#'$' '( (0:$*$S9 o @/1(++#9/(% '( 3$ 09%,*$'9 "/ (1(+,9 #049*,$/,( (/ -$ *('"++#M/ '( ,*$/%0#%#M/ %(;"$- o H#(%89 '( *(+"**(/+#$ $- %"%4(/'(* *(+$.'$% N (%,i (/19+$'$ 4*#/+#4$-0(/,( 4$*$ ,(/(* ,*$,$0#(/,9 o H#(%89 '( 3(*('$* (- ,*$%,9*/9c $"/p"( (%,9 /9 +9/+#(/+#$ '( -$ (/1(*0('$'c $'$4,$+#M/ $- ,*$,$0#(/,9c (% 09,#V9 4$*$ (V#,$* (- (0:$*$S9 o I1(+,9 ,(*$,98U/#+9 '( '(,(++#M/ ,(04*$/$ '( -9% %./,90$% N *(+"**(/+#$ N *(8"-$* (-9% 1i*0$+9% o J$+,$/+#$ E9'$ 0"k(* (/ ('$' 1U*,#- +9/ E^ (%,#-9 '( V#'$7 K/ (/%$N9 +-./#+9 $-($,9*#S$'9 +9/ '9% $r9% '( '(:( *(+#:#* 4%#+9('"+$+#M/c ('"+$+#M/ (/ %$-"' %(;"$- N %(8"#0#(/,9 (/ '9/'( %( #/+9*49*M -$ ,(*$4#$ #/,(*4(*%9/$- N *(4*9'"+,#V$7 ="$/'9 %( 3$ '(+#'#'9 (- (0:$*$S9 %( '(:( '( *#,09 %9+#$-c (/ -$ 1$%( $8"'$ N '( 0$/,(/#0#(/,9 09%,*M 9,9*8$* V$-9*$+#M/ 4*(+9/+(4+#9/$-c (/ -$ p"( '(:( 4$*,#+#4$* p"( #/'"+( *#,09% %9+#$-(% 0i% (%,$:-(% N -9% 4$+#(/,(% p"( %" 4$*(k$ 4$*$ *(+#:#* #/19*0$+#M/ %9:*( -9% *#(%89% p"( (/,*$*9/ $- (%,"'#9 (/ "/ (4#%9'#9 '( '(4*(%#M/ 0$N9* #04-#+$ (- (0:$*$S9 4$*$ -$ 4$+#(/,( N (- 4*9'"+,9c '(+#'#* (09%,*$*9/ "/ ,#(049 '( *(+"4(*$+#M/ %#8/#1#+$,#V$0(/,( 4-$/ '( ,*$,$0#(/,9 N %(8"#0#(/,9 '"*$/,( (- (0:$*$S9 4$*$ 0(/9*7 -$ 0$'*( N (- 4*9'"+,9 N (- 4"(*4(*#9c $%. +909 9,*9% (%4(+#$-#%,$% p"( '(:(*i/ 4$*,#+#4$* (/ -$ $,(/+#M/7 I/ +$%9 J$ (1(+,#V#'$' '(- ,*$,$0#(/,9 V$*.$ '( $+"(*'9 $ -$ +9/'#+#M/ '( 4$+#(/,( +9/ ?;7 (%,$:-(+#'9 '( E*$%,9*/9 ^#49-$* p"( +-./#+$ '(- 4$+#(/,( N '(- 090(/,9 (/ (- +"$- %( #/+9*49*$ $ -$ #/(%4(*$'$0(/,( %( '(%+":*$ (0:$*$S$'$c %( %"8#(*( V$-9*$* ,(*$4#$7 J$ ,(*$4#$ 1$0#-#$*c -$ ,(*$4#$ #/,(*4(*%9/$- N '( -$ 09'#1#+$+#M/ '(- (%p"(0$ ,(*$4U",#+9 49* 9,*9 +9/ 0(/9* $",9+"#'$'9 4$*(+(/ %(* 0i% (1(+,#V$% 4$*$ 4*(V(/#* -$ 49,(/+#$- ,(*$,98U/#+97 *(+"**(/+#$ +"$/'9 %( #/#+#$/ '(%4"U% '(- (4#%9'#9 $8"'9c 0#(/,*$% p"( -$ ,(*$4#$ +98/#,#V9m+9/'"+,"$- N 4%#+9('"+$+#M/ (/ 8*"49 (% 0i% (1(+,#V$ +"$/'9 %( #/#+#$ '"*$/,( (- 4(*.9'9 '( *(0#%#M/7 J$ 4%#+9,(*$4#$ #/'#V#'"$- N 4*98*$0$% '( $",9+"#'$'9 %9/ 0i% (1(+,#V$% 4$*$ -9% EHAEA<@IBEF BF QAH
a 0(%(%7 -$ (%,*$,(8#$ 4%#+9,(*$4U",#+$ 0i% +9/V(/#(/,(
A-8"/9% I== 3$/ 09%,*$'9 p"( -$ ,(*$4#$ +98/#,#V9 +9/'"+,"$- $"0(/,$ (- $",9+9/,*9- '( -9% %./,90$% '(4*(%#V9% ( 3#490$/#$+9% N (%,$:-(+(* "/ 4$,*M/ '( 3i:#,9% 4$*$ *($-#S$* -$% $+,#V#'$'(% '( -$ V#'$ '#$*#$ N *(8"-$* %"
=H@EIH@FD ?I HIQIHIB=@A
>\O
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0+9/ '#$8/M%,#+9 (%,$:-(+#'9c -$ *(1(*(/+#$ $- %(8"/'9 /#V(J$ #'(/,#1#+$+#M/ N 0$/(k9 '(- E^ ,#(/( "/ 8*$'9 '( +904-(k#'$' #049*,$/,( '(:#'9 $ -$% +$*$+,(*.%,#+$% '( -$ '(:(*i %(* $- 0(/9% "/$ V(S $r9 9 $/,(% (/ +$%9 /(+(%$*#97 %#/,90$,9-98.$c %" #/,(*0#,(/+#$c +909*:#-#'$' N '#$8/M%,#+9 '#1(*(/+#$-7 I/ -$ 1$%( $8"'$ -$ %#/,90$,9-98.$ 4"('( *(4*(%(/,$* "/ *#(%89 4$*$ -$ #/,(8*#'$' 1.%#+$ '(- 4$+#(/,( 9 '( ,(*+(*9%c 9 '#1#+"-,$* (- $4(89 $- ,*$,$0#(/,97 E@I<)F IDE@
?"*$/,( -9% (4#%9'#9% %#/,90i,#+9% -9% 4$+#(/,(% 4"('(/ +"*%$* +9/ 4*9:-(0$% 4$*$ 0$/,(/(* %" 4$,*M/ 1"/+#9/$- p"( 4"('(/ 49/(* (/ *#(%89 %" (%,$:#-#'$' -$:9*$-7 D( *(p"#(*( (V$-"$* -$ #/,(/%#'$' '( -9% %./,90$% N (- 8*$'9 '( '#%+$4$+#'$'c +9/ :$%( (/ -$ $+,#V#'$' -$:9*$- (%4(+.1#+$c 4$*$ 4*(%+*#:#* -$ (;4('#+#M/ '( -$ #/+$4$+#'$' ,(049*$- 4$*$ (,*$:$k9c $%. +909 %" '"*$+#M/7 I/ +$%9% '( 49:*( *(%4"(%,$ ,*$,$0#(/,9 N 4(*%#%,(/+#$ '( %./,90$% p"( #/,(*1#(*$/ '( 0$/(*$ %9%,(/#'$ -$ $+,#V#'$' -$:9*$- %( '(:(*i V$-9*$* -$ #/+$4$+#'$' 4(*0$/(/,(7
HIQIHIB=@A AJ EIH=IH B@]IJ I/ 4*(%(/+#$ '( %./,90$% '( #/,(/%#'$' 8*$V( %( '(:(*i V$-9*$* 0$/(k9 (/ $0:#(/,( 39%4#,$-$*#9c 3$%,$ 9:,(/(* +9/,*9- %#/,90i,#+9 p"( 4(*0#,$ %" 0$/(k9 $0:"-$,9*#97 J$ *(1(*(/+#$ $ ,(*+(* /#V(- 49'*i *($-#S$*%( '(- 4*#0(*9 9 %(8"/'9 /#V(-7 J$ $,(/+#M/ $0:"-$,9*#$ 49'*i *($-#S$*%( (/ (- 4*#0(* /#V("/$ V(S p"( %( 3$ -98*$'9 (%,$:#-#S$* -$ %#/,90$,9-98.$ $8"'$ N %( 3$/ +"04-#'9 -9% 9:k(,#V9% '( 4%#+9('"+$+#M/ p"( 1$V9*(S+$/ -$ $'3(*(/+#$ N $4(89 $- ,*$,$0#(/,97 J$ +9/,*$**(1(*(/+#$ '( ,(*+(* $ %(8"/'9 9 4*#0(* /#V(- %( *($-#S$*i $- 9:,(/(* (- +9/,*9- '( %./,90$% $8"'9% p"( 9:-#8$*9/ (- 0$/(k9 39%4#,$-$*#97 J$ +9/,*$**(1(*(/+#$ $%(8"/'9 /#V(- '( $,(/+#M/ %( *($-#S$*i "/$ V(S p"( -$ %#/,90$,9-98.$ $8"'$ p"( $0(*#,9 %" (/V.9 %( (/+"(/,*( +9/,*9-$'$7 J$ +9/,*$**(1(*(/+#$ $- 4*#0(* /#V(- %( *($-#S$*i +"$/'9 %( -98*M (%,$:#-#'$' +-./#+$ f+9/,*9- '( %./,90$% $1(+,#V9%gc $4(89 $- ,*$,$0#(/,9 N "/$ $+(4,$:-( *(#/%(*+#M/ 1$0#-#$*c %9+#$-c $+$'U0#+$ N -$:9*$-7
]@!@JAB=@A G DI!K@<@IBEF J$ $,(/+#M/ $0:"-$,9*#$ 49'*i *($-#S$*%( (/ (- 4*#0(* /#V("/$ V(S p"( %( 3$ -98*$'9 (%,$:#-#S$* -$ %#/,90$,9-98.$ $8"'$ N %( 3$/ +"04-#'9 -9% 9:k(,#V9% '( 4%#+9('"+$+#M/ p"( 1$V9*(S+$/ -$ $'3(*(/+#$ N $4(89 $- ,*$,$0#(/,97 I/ 4$+#(/,(% >\P
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-
)*'0)+*&+ #",*"0$5+ B9 (;#%,( (V#'(/+#$ +#(/,.1#+$ (/ -$ $+,"$-#'$' p"( %"%,(/,( -$ ",#-#'$' '( 0('#'$% 4*(V(/,#V$% 4$*$ (V#,$* -$ $4$*#+#M/ '( +$%9% /"(V9% '( '(4*(%#M/7 J$% $+,#V#'$'(% *(+*($,#V$%c *(-$k$/,(%c '(49*,#V$% N (- (k(*+#+#9c $%. +909 0('#'$% 4$*$ 0(k9*$* (- (/,9*/9 $0:#(/,$-c 4"('(/ %(* *(+90(/'$'$% (/ 4(*%9/$% p"( 4*(%(/,$/ 1$+,9*(% '( *#(%89c N$ p"( $"/p"( %" (1#+$+#$ /9 (%,i '(09%,*$'$ +#(/,.1#+$0(/,( +909 1$+,9*(% 4*(V(/,#V9%c +9-$:9*$/ (/ 0(k9*$* -$% +9/'#+#9/(% 1.%#+$% N (09+#9/$-(% '(- #/'#V#'"97 I/,*( -$% V$*#$:-(% p"( #/+*(0(/,$/ (- *#(%89 '( '(4*(%#M/ %( #/+-"N(/2 o R#%,9*#$ 1$0#-#$* '( '(4*(%#M/ o )U*'#'$ %#8/#1#+$,#V$ *(+#(/,( o I/1(*0('$' +*M/#+$c (/ (%4(+#$- (/ $p"(--9% 4$+#(/,(% +9/ 49:*( *(%4"(%,$ $ ,*$,$0#(/,9%7 o IV(/,9% $-,$0(/,( (%,*(%$/,(% o ]#9-(/+#$ '90(%,#+$7 o =$0:#9% %#8/#1#+$,#V9% (/ (- (%,#-9 '( V#'$7 o I0:$*$S9 (/ 0"k(*(% +9/ $/,(+('(/,( '( '(4*(%#M/ @/V(%,#8$* -9% %#8"#(/,(% $/,(+('(/,(%2 o Q$0#-#$*(% +9/ ?(4*(%#M/7 o I/1(*0('$'(% I/'9+*#/$%c A",9#/0"/(%c =$*'#9V$%+"-$*(%7 o K%9 +*M/#+9 '( 0('#+$0(/,9% +909 +9*,#+9(%,(*9#'(%c $/,#3#4(*,(/%#V9%c (,+7 o I;49%#+#M/ $ $'V(*%#'$'(% $ -9 -$*89 '( -$ V#'$7 o =9/%"09 '( %"%,$/+#$% 4%#+9$+,#V$%7 o D# ,#(/( $-8X/ ,*$%,9*/9 0(/,$-7 o )U*'#'$ '( (04-(9 9 '( "/ %(* p"(*#'9 *(+#(/,(0(/,(7 I/ 4$+#(/,(% +9/ $-,9 *#(%89 '( >\T
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0'(4*(%#M/ 4*(8"/,$* %# (/ (- X-,#09 0(%2 ”R$ 4(*'#'9 #/,(*U% L7m I/,*(V#%,$ $ 1$0#-#$*(% %9:*( +$0:#9% +9/'"+,"$-(% D( 9 4-$+(* 49* -$% +9%$% p"( $/,(% '#%1*",$:$ ”D( 3$ %(/,#'9 +9/%#'(*$*i +909 "*8(/+#$ 4%#p"#i,*#+$2 @'($+#M/ %"#+#'$ ,*#%,( 9 '(%(%4(*$/S$'9 ”E#(/( 4*9:-(0$% 4$*$ +9/+#-#$* (4(*%#%,(/,(7 @/,(/,9% '( %"#+#'#9 4*(V#9% N +9/ #'($% '( %"(r9 9 0$/,(/(*%( '9*0#'97 I- #/%90/#9 (% "/$ p"(k$ 0"(*,( 9 %"#+#'$% $+,"$-(%7 I;#%,(/+#$ '( 1$+,9*(% %(V(*9% '( 1*(+"(/,( (/ (- 4*#0(* /#V(- '( $,(/+#M/ *(-$+#9/$'9 +9/ -$ *#(%89 %"#+#'$7 '(4*(%#M/ p"( (% 49+9 #/V(%,#8$'97 I/ ,9'9 4$+#(/,( +9/ #/%90/#9 '(:(*i #/V(%,#8$*%( -$ 4*(%(/+#$ '( '(4*(%#M/7
?@A!BCDE@=F D9/ %./,90$% *(-(V$/,(% 4$*$ (%,$:-(+(* (- '#$8/M%,#+9 '( '(4*(%#M/ )D@=A=ID f0/(09,(+/#$g )m )%#+909,*#+#'$' '#%0#/"#'$ 9 $"0(/,$'$ Dm D"(r9 $-,(*$'9 f$"0(/,9 9 '#%0#/"+#M/g @m @/,(*U% *('"+#'9 f4U*'#'$ '( -$ +$4$+#'$' '('#%1*",(g =m =9/+(/,*$+#M/ '#%0#/"#'$ Am A4(,#,9 N 4(%9 f'#%0#/"+#M/ 9 $"0(/,9g =m ="-4$ N $",9**(4*9+3( Im I/(*8.$ '#%0#/"#'$c 1$,#8$ Dm D"#+#'#9 f4(/%$0#(/,9%g7 B9,$2 J$ *($++#M/ $'$4,$,#V$c (/ -$ p"( %( #/+-"N( (- '"(-9 +9**(%49/'( $ "/$ *(%4"(%,$ /9*0$- p"( /9 *(p"#(*( ,*$,$0#(/,9c $ 0(/9% p"( *(X/$ +*#,(*#9% '( '(4*(%#M/7 D# (- 4$+#(/,( *(%49/'( $ "/$ 9 $0:$% 4*(8"/,$% '( (%+*",#/#9 $1#*0$,#V$0(/,(c %( '(:(*i/ #/V(%,#8$* -9% %./,90$% '( )D@=A=ID N -9% +*#,(*#9% '( -$ =@Im>\7 D( (-$:9*$ '#$8/M%,#+9 '( '(4*(%#M/c %. 4*(%(/,$ 3"09* '(4*(%#V9 f9 4U*'#'$ '(- #/,(*U%g N P '( -9% $/,(*#9*(% %./,90$% -$ 0$N9* 4$*,( '(- ,#(049 '"*$/,( $- 0(/9% '9% %(0$/$%7 A'(0i% %. (%,9% %./,90$% 3$/ $1(+,$'9 /(8$,#V$0(/,( %" *(/'#0#(/,9 f4(*%9/$-c -$:9*$-c $+$'U0#+9c 1$0#-#$*c %9+#$-g7 I/ ,9'9 4$+#(/,( '(4*#0#'9 %( '(:(*i #/V(%,#8$* *#(%89 %"#+#'$ 3$+#(/'9 U/1$%#% (/ $p"(--9% p"( 0$/#1#(%,$/ -9% %#8"#(/,(% %./,90$% N 1$+,9*(% '( *#(%892 o @'($% '( 0"(*,( o )U*'#'$ '(- %(/,#'9 '( -$ V#'$ o ?(%(%4(*$/S$ o @/,(/,9% 4*(V#9% o D(;9 0$%+"-#/9 o I'$' $V$/S$'$ o ]#V#* %9-9 o @/,(/,9% %"#+#'$% 4*(V#9% o R#%,9*#$ 1$0#-#$* '( %"#+#'#9 o R#%,9*#$ 1$0#-#$* N 4(*%9/$- '( $:"%9 '( %":%,$/+#$% f4*#/+#4$-0(/,( $-+939-g o )%#+9%#% o I/1(*0('$'(% +*M/#+$%c ,(*0#/$-(%c #/V$-#'$/,(% N '9-9*9%$% o @04"-%#V#'$' o )9:*( +$4$+#'$' 4$*$ 0$/(k9 '(- (%,*U%7 ="(%,#9/$* %9:*( #'($% '( 0"(*,( 9 %"#+#'$%c %# 4*(%(/,$ '(%(%4(*$/S$c %# %#(/,( p"( -$ V#'$ /9 ,#(/( %(/,#'9 N %# 3$ 4*(%(/,$'9 #/,(/,9% D. -$ *(%4"(%,$ (% $1#*0$,#V$2 >7m )*(8"/,$* %9:*( 4-$/(% '( %"#+#'#9c 19*0$ '( *($-#S$*-9c %# ,#(/( 1i+#- $++(%9 $- 0U,9'9 %"#+#'$c %# 3$ (%+*#,9 $-8"/$ /9,$c %# 3$N $-8X/ 1$+,9* p"( 4*(+#4#,( 9 '(,(/8$ (- #/,(/,97
)HKI^AD ?@A!BCDE@=AD I- '#$8/M%,#+9 %( :$%$ (/ +*#,(*#9% +-./#+9% *(1(*#'9%7 J$% (%+$-$% /9 3$/ '(09%,*$'9 %"4(*#9*#'$' $- "%9 '( -$ (/,*(V#%,$ (%,*"+,"*$'$c -$% 8".$% '( 4*i+,#+$ +-./#+$ N -9% +*#,(*#9% '#$8/M%,#+9% '( +-$%#1#+$+#9/(% #/,(*/$+#9/$-(%7 J$% (%+$-$% %( ",#-#S$*i/ +9/ +$",(-$ 4$*$ (%,$:-(+(* ('#$8/M%,#+9c '$/'9 4*(1(*(/+#$ $ -$ +-./#+$7 D( %"8#(*( %" "%9 +909 $49N9 4$*$ (1(+,9% '( 19*,$-(+(* (- '#$8/M%,#+9c '(,(++#M/ '( +$%9%c 09/#,9*(9 (/ -$ (V9-"+#M/ N +9/ 4*94M%#,9% '( #/V(%,#8$+#M/7 H(+90(/'$09% (- "%9 '( -$ %":m (%+$-$ '( '(4*(%#M/ '( -$ RA? N )RW [7 G$ p"( (%,$% %9/ $",9m$4-#+$:-(%c :*(V(% N 1i+#- '( +9/,(%,$* N '( (V$-"$*7 A/"-$ -$ 49%#:#-#'$' '( #/,(*4*(,$+#M/ N '( $%4(+,9% %":k(,#V9%7
EHAEA<@IBEF EHAEA<@IBEF BF QAH
>\Y
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0,*$,$0#(/,9c 0(,$%c (1(+,9% +9-$,(*$-(% N '"*$+#M/7 J$ '"*$+#M/ '(- ,*$,$0#(/,9 '(:( %(* '( a $ >L 0(%(% 49%,(*#9* $ 9:,(/(* *(0#%#M/ (/ "/ 4*#0(* (4#%9'#9c N Q9*0$+#M/ '( 8*"49% '( $N"'$ 0","$ 49* 4(*%9/$+9/,#/"$*-9 49* '9% $r9% '(%4"U% '( L (4#%9'#9% (/ (+$4$+#,$'9 f(/1(*0(*$c ,*$:$k$'9*$ %9+#$-c 9*#(/,$'9*(%g7 K/$ ,*$/%+"*%9 '( T $r9% N +9/%#'(*$* 0$/,(/(*-9 '( 0$/(*$ V(S p"( %( 9:,"V9 *(%4"(%,$ %( V$-9*$*i *(1(*#* $ #/%,$/+#$% #/'(1#/#'$ (/ -9% %#8"#(/,(% +$%9%2 o I%,$'9 '(4*(%#V9 +9/ "/$ (/ -$% p"( %( 4*949*+#9/(/ #/,(*V(/+#9/(% '( 4*(V(/+#M/ N '"*$+#M/ %"4(*#9* $ "/ $r9 o ?9% 9 0i% (4#%9'#9% '"*$/,( -9% 4*909+#M/ '( -$ %$-"' $%. +909 $+,#V#'$' 1.%#+$ 9 *(+*($,#V$ X-,#09% T $r9%7 %"4(*V#%$'$7 J$ (-(++#M/ '(- ,*$,$0#(/,9 %( '(:( :$%$* (/ -$ (1#+$+#$ '(0('#+$0(/,9c (;4(*#(/+#$ '(- +-./#+9c +9/'#+#9/(% (%4(+#$-(% '(- 4$+#(/,( N $/,(+('(/,( '( *(%4"(%,$ $ ,*$,$0#(/,9 4*(V#9 4(*%9/$- N59 (/ 1$0#-#$*(% '( 4*#0(* 8*$'97 D( *(+90#(/'$ #/#+#$* (- ,*$,$0#(/,9 +9/ "/ #/3#:#'9* %(-(+,#V9 '( *(+$4,"*$ '( %(*9,9/#/$ f@DHDg7 )*949*+#9/$* $- 4$+#(/,( N 1$0#-#$*(% #/19*0$+#M/ %#04-( N 9:k(,#V$ %9:*( (- ,*$,$0#(/,9 4$*$ 4*909V(* %" $'3(*(/+#$7 D( %"8#(*( p"( (- $/,#'(4*(%#V9 '( 4*#0(*$ (-(++#M/ (/ +$%9% '( 4$+#(/,(% +9/ 9,*$% 4$,9-98.$% /9 4%#p"#i,*#+$% N +9/ "%9 '( V$*#9% 1i*0$+9% %($ %(*,*$-#/$ 9 +#,$-94*$07 W"( '( $+"(*'9 $ -$ (V#'(/+#$ 3$/ 09%,*$'9 0(/9* 8*$'9 '( #/,(*$++#9/(% 1$*0$+9-M8#+$% N '( (1(+,9% %(+"/'$*#9% %(V(*9%7 K%9 +9/ +$",(-$ '( $/1(:",$09/$c V(/-$1$;#/$c *(:9;(,#/$c N -9% @DHD (/ 4$+#(/,(% +9/ (4#-(4%#$ +9/V"-%#V$7 J$ ,(*$4#$ (-(+,*9+9/V"-%#V$ (% "/ ,*$,$0#(/,9 1.%#+9 p"( 3$ '(09%,*$'9 ",#-#'$' (/ +$%9% '( '(4*(%#M/ *(1*$+,$*#$c *#(%89 %"#+#'$c '(4*(%#M/ 4%#+M,#+$7 I- "%9 '( ,(*$4#$ (-(+,*9+9/V"-%#V$ %( *(%(*V$ $- ,(*+(* /#V(- f39%4#,$-#S$+#M/ 4%#p"#i,*#+$gc :$k9 0('#'$% ,U+/#+$% p"( 8$*$/,#+(/ -$ #/,(8*#'$' '(- 4$+#(/,(c $%. +909 -$ %"4(*V#%#M/ '( "/ +90#,U '( :#9U,#+$c +9/%(/,#0#(/,9 #/19*0$'9 '(- 4$+#(/,( N59 '( "/ 1$0#-#$* 9 4(*%9/$ *(%49/%$:-( +"$/'9 (- 4$+#(/,( %( (/+"(/,*( #04('#'97
EHAEA<@IBEF BF QAH
J$% %#8"#(/,(% ,U+/#+$% 4%#+9,(*$4U",#+$%2 ,(*$4#$ +98/#,#V9 m +9/'"+,"$-c ,(*$4#$ @/,(*4(*%9/$- N -$ 4%#+9,(*$4#$ '( %9-"+#M/ '( 4*9:-(0$%c '( $+"(*'9 +9/ -$ (V#'(/+#$ $+,"$3$/ 09%,*$'9 ",#-#'$' (/ (- 0$/(k9 '( -$ '(4*(%#M/ (/ +9/k"/,9 +9/ $/,#'(4*(%#V9%7 A4-#+$* (- 0$/(k9 4%#+9,(*$4U",#+9 (/ 4$+#(/,(% p"( 3$N$/ %"4(*$'9 -$ 1$%( $8"'$ '( ,*$,$0#(/,9 N %( +9/%#'(*(/ +$/'#'$,9% $'(+"$'9%7
=H@EIH@FD ?I HIQIHIB=@A
D( *(1(*#*i '( 4*#0(* $ %(8"/'9 /#V(- (/ -9% %#8"#(/,(% +$%9% 2 o )9:*( 9 /"-$ *(%4"(%,$ $- ,*$,$0#(/,9 49%,(*#9* $ -$ ",#-#S$+#M/ '( -$ '9%#% ,(*$4U",#+$ N 49* (- ,#(049 0./#09 /(+(%$*#9 '"*$/,( -$ 1$%( $8"'$7 o A:"%9 '( %":%,$/+#$%7 o =909*:#-#'$' +9/ 9,*9% ,*$%,9*/9% 4%#p"#i,*#+9%7 D( *(1(*#*i '( %(8"/'9 $ ,(*+(* /#V(- $ -9% 4$+#(/,(% +9/ (4#%9'#9 '(4*(%#V9 8*$V( +9/2 o A-,9 *#(%89 '( %"#+#'#9 o H#(%89 '( 3(,(*9$8*(%#V#'$' +9/ N %#/ 4%#+9%#%7 o B(+(%#'$' '( 0$/(k9 (/ $0:#(/,( +9/,*9-$'97 I/ +$%9 '( +9/'#+#9/(% +-./#+$% p"( 49/8$/ (/ *#(%89 -$ #/,(8*#'$' 1.%#+$ '(- 4$+#(/,( 9 ,(*+(*9% %( 49'*i *(1(*#* '( 0$/(*$ '#*(+,$ '(%'( (- 4*#0(* /#V(-7 D( +9/,*$ *(1(*#*i/ '( ,(*+(*9 $ 4*#0(* /#V(- 4$+#(/,(% (/ p"#(/(%2 o R$N$ *(0#,#'9 -$ #'($+#M/ %"#+#'$ N $-+$/S$'9 -$ *(0#%#M/ '( %./,90$% $8"'9% o R$N$ *(0#,#'9 -$ %#/,90$,9-98.$ 4%#+M,#+$ o )$+#(/,(% +9/ *(%4"(%,$ N (%,$:#-#'$' +-./#+$ (/ 1$%( '( +9/,#/"$+#M/ 9 0$/,(/#0#(/,97 o )$+#(/,(% +9/ 0i;#09 :(/(1#+#9 $- ,*$,$0#(/,9 D( +9/,*$ *(1(*#*i/ '( %(8"/'9 $ 4*#0(* /#V(-c -9% 4$+#(/,(%2 o I/ p"#(/(% 3$N$ *(0#,#'9 -$ %#/,90$,9-98.$ N %( (/+"(/,*(/ (/ 1$%( '( +9/,#/"$+#M/ N 0$/,(/#0#(/,97 o )$+#(/,(% +9/ 0i;#09 :(/(1#+#97
]@!@JAB=@A G DI!K@<@IBEF
>\Z
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0I- 0$/,(/(* "/ %(8"#0#(/,9 (%,*"+,"*$'9 1$V9*(+( -$ $'3(*(/+#$ $- ,*$,$0#(/,9c '#%0#/"#* *#(%89 '( *(+$.'$% N *(+"**(/+#$% N 0(k9*$ (- 4*9/M%,#+97 I/ -$ 1$%( #/#+#$- '(- ,*$,$0#(/,9c '( %(* 49%#:-(c +#,$* (/ "/ 4-$S9 /9 0$N9* $ >T '.$% 4$*$ (V$-"$* *(%4"(%,$c 49%#:-(% (1(+,9% +9-$,(*$-(% N $'3(*(/+#$c 49* "/ 4(*#9'9 '( 3$%,$ a %(0$/$%c N 0(/%"$- 49* %" 0U'#+9 '( 4*#0(* /#V(- '"*$/,( -$ 1$%( '( +9/,#/"$+#M/7 )9%,(*#9* $ +9/,*$**(1(*(/+#$ '( %(8"/'9 9 ,(*+(* /#V(-c %( +#,$*i +$'$ 0(% +9/ (- 0U'#+9 '( 4*#0(* /#V(- N +$'$ Y 0(%(% +9/ (- 4%#p"#$,*$c 9 $/,(% %# %( +9/%#'(*$ /(+(%$*#9 49* #/0#/(/,( *#(%89 '( *(+"**(/+#$ 9 +904-#+$+#M/ '(- +$%97 )9%,(*#9* $- (8*(%9 39%4#,$-$*#9 -$% +#,$% %( 4*949*+#9/$*i/ (/ 4(*.9'9% '( 3$%,$ >T '.$% -9% 4*#0(*9% '9% 0(%(% +9/,#/"i/'9%( +$'$ 0(%7 J9% 4$+#(/,(% +9/ ,*$,$0#(/,9 '( 0$/,(/#0#(/,9 '(:(/ %(* +#,$'9% +$'$ 0(% +9/ %" 0U'#+9 1$0#-#$* N *(V$-9*$+#M/ $/"$(/ 4%#p"#$,*.$c 9 $/,(% %# %( +9/%#'(*$ /(+(%$*#9 49* #/0#/(/,( *#(%89 '( *(+"**(/+#$ 9 +904-#+$+#M/ '(- +$%97 I/ +$%9 '( $0(*#,$* 0$/(k9 4%#+9,(*$4U",#+9 -$ +#,$ %(*i '( %(* 49%#:-(c +$'$ %(0$/$ f+*#,(*#9 '(- 4%#+M-989g (/ (- %(*V#+#9 '( 4%#+9-98.$7 K/$ V(S p"( %( 9:,"V9 *(%4"(%,$ ,(*$4U",#+$c (- 4$+#(/,( %( *(1(*#*i $ 8*"49 ('"+$,#V9c N '( $+"(*'9 $ +*#,(*#9 +-./#+9 $ 8*"49 '( $N"'$ 0","$ (/ -$ "/#'$' '( 4*#0(* +9/,$+,97 J$ $,(/+#M/ %( 4*949*+#9/$*i 49* 4(*%9/$- '( (/1(*0(*.$c ,*$:$k9 %9+#$- " 9*#(/,$'9* +$4$+#,$'9% 9 (/ #/%,$/+#$ #/%,#,"+#9/$- 9 (;,*$ #/%,#,"+#9/$- p"( +"(/,( +9/ 4(*%9/$+$4$+#,$'9 4$*$ 91*(+(* (- %(*V#+#97 I/ 4$+#(/,(% +9/ $/,(+('(/,( '( (4#%9'#9% '(4*(%#V9% '(:( #/V(%,#8$*%( -$ 4*(%(/+#$ '( %./,90$% '(4*(%#V9% (/ %" 4*98*$0$ 4*(V(/,#V9 $/"$-7 J$ *(%4"(%,$ ,(*$4U",#+$ #/#+#$ $ 4$*,#* '( -$ %(8"/'$ $ ,(*+(*$ %(0$/$ '( +9/,$* +9/ ,*$,$0#(/,9 $ '9%#% ,(*$4U",#+$c N -$ *(0#%#M/ 4"('( 4*(%(/,$*%( 3$%,$ '(%4"U% '( -$ 9+,$V$ %(0$/$7 J$ #/+$4$+#'$' 4$*$ (- ,*$:$k9 %( +9/%#'(*$ +909 4$*,( #/,(8*$- '(- ,*$,$0#(/,9 (/ $p"(--9% +$%9% p"( (%,$ %( k"%,#1#+$7 J$ #/+$4$+#'$' -$:9*$- '(:(*i +9/%#'(*$*%(c 4*#/+#4$-0(/,( (/ '(4*(%#M/ 09'(*$'$ $ 8*$V( ,(/#(/'9 (/ +"(/,$ (- '(,(*#9*9 +$"%$'9 49* (- ,*$%,9*/9c (1(+,9% +9-$,(*$-(% '(- ,*$,$0#(/,9 N (- 4"(%,9 (%4(+.1#+9 '( ,*$:$k97 D( '(:(*i *(#/,(8*$* $ %" $+,#V#'$' -$:9*$- (/ (- 0(/9* ,#(049 49%#:-( $- -98*$*%( "/$ 0(k9*.$ (/ -$ p"( -$ '#%1"/+#9/$-#'$' /9 #/,(*1#(*$ '( 0$/(*$ #049*,$/,( +9/ %" '(%(04(r97
)*'0)+*&+0 #" '&0$"#'# ?(/,*9 '( -$% +$"%$% 9 1$+,9*(% p"( 4"('(/ 1$V9*(+(* -$ 4*(%(/,$+#M/ '( "/ ,*$%,9*/9 '( $/%#('$' %( (/+"(/,*$/2 ‘ :#9-M8#+9%2 $-,(*$+#9/(% (/ %#%,(0$% /("*9:#9-M8#+9% f8$:$U*8#+9% N %(*9,9/#/U*8#+9%gc $%. +909 $/90$-.$% (%,*"+,"*$-(% (/ (- %#%,(0$ -.0:#+9 ‘ $0:#(/,$-(%2 (%,*(%9*(% $0:#(/,$-(%c "/$ 0$N9* 3#4(*%(/%#:#-#'$' N "/$ *(%4"(%,$ $4*(/'#'$ ‘ 4%#+9%9+#$-(%2 %#,"$+#9/(% '( (%,*U%c $0:#(/,( 1$0#-#$*c (;4(*#(/+#$% $0(/$S$'9*$% '( V#'$ N -$% 4*(9+"4$+#9/(% (;+(%#V$% 49* ,(0$% +9,#'#$/9%7 J$ #/1-"(/+#$ '( -$% +$*$+,(*.%,#+$% '( -$ 4(*%9/$-#'$' %( 3$/ +9/%#'(*$'9 +909 "/ 1$+,9* 4*('#%49/(/,(7 J9% 1$+,9*(% '( *#(%89 0i% #049*,$/,(% 4$*$ 4*(%(/+#$ '( $/%#('$' %9/2 ‘ R#%,9*#$ 1$0#-#$* '( $/%#('$' f " 9,*9% ,*$%,9*/9% 0(/,$-(%g ‘ A/,(+('(/,( 4(*%9/$- '( $/%#('$' '"*$/,( -$ /#r(S 9 $'9-(%+(/+#$c #/+-"N(/'9 ,#0#'(S 0$*+$'$ ‘ IV(/,9% '( V#'$ (%,*(%$/,(% N59 ,*$"0i,#+9%c #/+-"N(/'9 (>\a
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0$:"%9 ‘ D(* 0"k(* ‘ =909*:#-#'$' +9/ ,*$%,9*/9% ‘ H(%4#*$,9*#$%2 A%0$7 I)F=c /("09/.$ 4%#p"#i,*#+9% f4*#/+#4$-0(/,( '(4*(%#M/g ‘ I;#%,(/+#$ '( "/$ ‘ <(,$:M-#+$%2 ?#$:(,(% (/1(*0('$' 0U'#+$ 9 (- +9/%"09 '( %"%,$/+#$%7 J9% ,*$%,9*/9% '( $/%#('$' (%,i/ $%9+#$'9% +9/ "/ 0$N9* *#(%89 ‘ B("*9-M8#+$% 9 '(- DB=2 <#8*$r$c (4#-(4%#$ -M:"-9 ,(049*$'( +9/'"+,$% %"#+#'$% @/'$8$* (/ %"k(,9% +9/ 1$+,9*(% '( *#(%89 f3#%,9*#$ 1$0#-#$* '( $/%#('$'c $/,(+('(/,( 4(*%9/$- '( ‘ )%#p"#i,*#+$%2 '(4*(%#M/c (%p"#S91*(/#$c ,*$%,9*/9% '( -$ $/%#('$' '"*$/,( -$ /#r(S 9 $'9-(%+(/+#$c (V(/,9% '( V#'$ 4(*%9/$-#'$'c (%,*(%$/,(% N59 ,*$"0i,#+9%c #'($+#M/ %"#+#'$c +909*:#-#'$' ‘ !$%,*9#/,(%,#/$-(%2 K-+(*$ 4U4,#+$c %./'*90( '(- +9-9/ +9/ ,*$%,9*/9% 4%#p"#i,*#+9% 9 (;#%,(/+#$ '( "/$ (/1(*0('$' #**#,$:-( 0U'#+$ 9 (- +9/%"09 '( %"%,$/+#$%g -$ 4*(%(/+#$ '( %./,90$% '( $/%#('$' p"( 4(*0#,$/ (-$:9*$* (- '#$8/M%,#+97 ‘ F,*$%2 =i/+(*c 1$,#8$ +*M/#+$
?@A!BCDE@=F J$ $/%#('$' (% "/$ %(/%$+#M/ 9 "/ (%,$'9 (09+#9/$- /9*0$$/,( '(,(*0#/$'$% %#,"$+#9/(% p"( 4(*+#:( +909 $0(/$S$/,(% N p"( +9/%,#,"N( "/$ *(%4"(%,$ 3$:#,"$- $ '#1(*(/,(% %#,"$+#9/(% +9,#'#$/$% (%,*(%$/,(7 I% /9*0$f$'$4,$,#V$g (/ -$ 0('#'$ (/ p"( '$ 4$%9 $ +9/'"+,$% '( %(8"*#'$'c *(%9-",#V$% N '( $'$4,$+#M/7 J$ $/%#('$' 4$,9-M8#+$ ,#(/( "/$ 4*(%(/,$+#M/ #**$+#9/$-c N$ %($ 49*p"( (- (%,.0"-9 (%,$ $"%(/,(c -$ #/,(/%#'$' (% (;+(%#V$ +9/ *(-$+#M/ $- (%,.0"-9 9 -$ '"*$+#M/ (% #/k"%,#1#+$'$0(/,( 4*9-9/8$'$ N -$ *(+"**(/+#$ #/09,#V$'$w %"4(*$/'9 -$ +$4$+#'$' $'$4,$,#V$ '( -$ 4(*%9/$ 8(/(*$/'9 "/ 8*$'9 (V#'(/,( '( '#%1"/+#9/$-#'$'7 J9% %./,90$% 1.%#+9% 0i% *(1(*#'9% 49* 4(*%9/$% +9/ $/%#('$' %9/2 $"0(/,9 '( -$ ,(/%#M/ 0"%+"-$*c 0$*(9%c %(/%$+#M/ '( x+$:(S$ V$+.$xc %"'9*$+#M/c 3#4(**(1-(;#$c 1-"+,"$+#9/(% '( -$ 4*(%#M/ $*,(*#$-c 4$-4#,$+#9/(%c %./+94(c ,$p"#+$*'#$c 4$*(%,(%#$%c ,(0:-9*c 09-(%,#$% '#8(%,#V$%c $"0(/,9 '( -$ 1*(+"(/+#$ N "*8(/+#$ "*#/$*#$%c '#$**($7 J9% %./,90$% 4%.p"#+9% f+98/9%+#,#V9%c +9/'"+,"$-(% N $1(+,#V9%g 4*('90#/$/,(% %9/2 #/,*$/p"#-#'$'c #/p"#(,"'c /(*V#9%#%09c 4*(9+"4$+#M/ (;+(%#V$ N '(%4*949*+#9/$'$c 0#('9% #**$+#9/$-(%c #'($% +$,$%,*M1#+$%c '(%(9 '( 3"#*c ,(09* $ 4(*'(* -$ *$SM/ N (- +9/,*9-c %(/%$+#M/ '( 0"(*,( #/0#/(/,(7 A/,( ,9'9 4$+#(/,( +9/ %#8/9% N %./,90$% $/%#9%9% %( '(:(*i '#%,#/8"#* (/,*( $/%#('$' /9*0$- f$'$4,$,#V$g 9 4$,9-M8#+$7 J$ $/%#('$' +909 %./'*90( $+904$r$ 4$'(+#0#(/,9% 0U'#+9% N 4%#p"#i,*#+9% +9092
$
'#V(*%9%
‘ I/'M+*#/$%2 R#49,#*9#'#%09c 3#4(*,#*9#'#%09c 3#498-"+(0#$c %./'*90( +-#0$,U*#+9 ‘ =$*'#9V$%+"-$*(%2 @/%"1#+#(/+#$ +$*'#$+$ +9/8(%,#V$c $**#,0#$c $/8#/$ '( 4(+39c 49%,#/1$*,9 $- 0#9+$*'#9
I;#%,(/ 0('#+$0(/,9% N 9,*$% %"%,$/+#$ 4*9'"+,9*$% '( $/%#('$' +9092 $8(/,(% %#04$,#+90#0U,#+9%c $/1(,$0#/$%c $/,#+9/+(4,#V9%c +9/%"09 (;+(%#V9 N $:%,#/(/+#$ '( $-+939N59 +$1(./$c +9*,#+9#'(%c #/%"-#/$c @/3#:#'9*(% %(-(+,#V9% '( -$ *(+$4,"*$ '( %(*9,9/#/$ f%9:*(,9'9 -$% L 4*#0(*$% %(0$/$% '( ,*$,$0#(/,9gc 4(/#+#-#/$%c ,(91#-#/$c $%. +909 $:%,#/(/+#$ '( %"%,$/+#$% 4%#+9$+,#V$%7 I/ ,9'9 4$+#(/,( +9/ $/%#('$'c N (/ 4$*,#+"-$* (/ -9% p"( '(:",$/ +9/ (--$ $ ('$'(% %"4(*#9*(% $ -9% P\ $r9%c %( '(:( '(%+$*,$* "/$ $/%#('$' %(+"/'$*#$ $ (/1(*0('$'(% 9*8i/#+$%c "%9 '( 0('#+$0(/,9% 9 %"%,$/+#$% 4%#+9$+,#V$%7 I#/1*$'#$8/M%,#+9 '( -$ $/%#('$' 3$ '$'9 -"8$* $ "/ 8*$/ /X0(*9 '( #/%,*"0(/,9% 9 (%+$-$% (%,*"+,"*$'$% p"( ,*$,$/ '( '(,(+,$* x49%#:-(% +$%9%y '( -$ (/1(*0('$'7 J$% (%+$-$% 9 #/%,*"0(/,9% 49* %. 0#%0$% /9 8(/(*$/ '#$8/M%,#+9%c %#/9 p"( 4(*0#,(/ %(-(++#9/$* 4(*%9/$% +9/ 4"/,"$+#M/ $-,$ '( -$% p"( %( %9%4(+3$ -$ 4*(%(/+#$ '( 4$,9-98.$ 0(/,$-c -9 p"( k"%,#1#+$ -$ *($-#S$+#M/ 49%,(*#9* '( "/ (%,"'#9 0i% 4*91"/'97 B9 (% *(+90(/'$:-( ",#-#S$* -$% (%+$-$% +9/ 1#/(% '#$8/M%,#+9%c N (/ /#/8X/ +$%9 %"%,#,"N(/ $ -$ (/,*(V#%,$ +-./#+$7 J$% (%+$-$% %( "%$/ +909 $49N9 4$*$ 19*,$-(+(* '#$8/M%,#+9c +*#:$k( 4$*$ '(,(++#M/ '( +$%9%c 09/#,9*(9 ( #/V(%,#8$+#M/7 J$ I%+$-$ '( R$0#-,9/ 4$*$ A/%#('$' fRAHDg (% "/ #/%,*"0(/,9 3(,(*9$4-#+$'9 '( >P 4*(8"/,$% p"( (V$-X$ -$ #/,(/%#'$' '( -$ $/%#('$'7 D"% 4*94#('$'(% 4%#+90U,*#+$% %9/2 +9/%#%,(/+#$ #/,(*/$ f$-1$ '( =*9/:$+3g '( \7Z[m\7aYc +9/1#$:#-#'$' '( ,(%,*(,(%, $ "/ '.$ N $ -$ %(0$/$ *ƒ \7 [Y N V$-#'(S +9/+"**(/,( +9/ (- @/V(/,$*#9 '( A/%#('$' '( ^(+| f^A@g *ƒ \7TY7 I% %(/%#:-( $- +$0:#9 ,*$% (- ,*$,$0#(/,97 I- @/V(/,$*#9 '( A/%#('$' '( ^(+| f^A@g (% "/ #/%,*"0(/,9 $",9$4-#+$'9 '( L> 4*(8"/,$%7 )9%(( -$% %#8"#(/,(% 4*94#('$'(% 4%#+90U,*#+$%2 +9/%#%,(/+#$ #/,(*/$ f$-1$ '( =*9/:$+3g '( \7[\m\7[P N +9/1#$:#-#'$' '( ,(%,m*(,(%, $ -$ >\[
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0%(0$/$ '( \7YZ $ \7[O7 D( 3$ 09%,*$'9 %(/%#:-( $- +$0:#9 EHAEA<@IBEF QAH
\7 E9'9 4$+#(/,( +9/ 4*(V#9c *#(%89 '( #/,(/,9 %"#+#'$c ,9-(*$/+#$c 49%#:-(% %./,90$% '( $/%#('$'w N "/$ V(S '(%+$*,$'9% 9,*9% #/,(*$++#9/(% +9/ 9,*9% 0('#+$0(/,9%c 49%#:#-#'$' '( (%,$* 4$'(+#0#(/,9% 0U'#+9%c #/+-"#'9% 9,*9% 4%#p"#i,*#+9%c (- "%9 (0:$*$S$'$ N %"% 4*(1(*(/+#$%7 '( 0('#+$0(/,9% N %"%,$/+#$% 4%#+9$+,#V$% p"( +"*%$/ +9/ (%,9% %./,90$%c '(:(*i +-$%#1#+$*%( '( $+"(*'9 $ +*#,(*#9% A ,9'9 4$+#(/,( p"( #/#+#( ,*$,$0#(/,9 1$*0$+9-M8#+9 %( '(:( (%4(+.1#+9% '( =@I >\7 #/19*0$* %9:*(2 49%#:-(% (1(+,9% %(+"/'$*#9%c %./,90$% '( $:%,#/(/+#$ ,*$% #/,(**"4+#M/ '(- ,*$,$0#(/,9c /9 #/0('#$,(S J$ 3#%,9*#$ +-./#+$ '(- 4$+#(/,( '(:( #/+-"#* $'(0i% '(- (1(+,9c '"*$+#M/ '(- ,*$,$0#(/,9 N /(+(%#'$' '($/,(+('(/,(% 4(*%9/$-(% '(2 "%9 '( $-+939-c ,$:$+9c +$1(./$c +"04-#0#(/,97 J$ (V#'(/+#$ (/ (- ,*$,$0#(/,9 '(- E*$%,9*/9 1i*0$+9%c %"%,$/+#$% 4%#+9$+,#V$%c 4*(%(/+#$ '( '( A/%#('$' !(/(*$-#S$'9 fEA!g %"8#(*( p"(2 ‘ J9% (/1(*0('$'(% 9*8i/#+$% +9/9+#'$% N $+9/,(+#0#(/,9% V#,$-(% $/,#'(4*(%#V9% 3$/ 09%,*$'9 %(* (1#+$+(% ‘ )$*9;(,#/$ ( (%,*(%$/,(% fV#/+"-$'9% $ -$ 3#%,9*#$ 1$0#-#$*c -$:9*$- N %9+#$#0#4*$0#/$ 4*(%(/,$/ (1#+$+#$ N ,9-(*$:#-#'$' %#0#-$* ‘ B9 %( '(- 4$+#(/,(g7 @/+-"#* (/ -$ 3#%,9*#$ +-./#+$ '(- 4$+#(/,( 3$/ (/+9/,*$'9 '#1(*(/+#$% (/ ,U*0#/9% '( $:$/'9/9 (/,*( $/,(+('(/,(% 4(*%9/$-(% '(2 "%9 '( $-+939-c ,$:$+9c +$1(./$c #0#4*$0#/$c V(/-$1$;#/$ N 4$*9;(,#/$ ‘ J9% (1(+,9% $'V(*%9% 1i*0$+9%c %"%,$/+#$% 4%#+9$+,#V$%c 4*(%(/+#$ '( '( -9% $/,#'(4*(%#V9% '(%+*#,9% '#%0#/"N(/ $ -9% Y 0(%(% (/ (/1(*0('$'(% 9*8i/#+$% +9/9+#'$% N $+9/,(+#0#(/,9% V#,$-(% -9% 4$+#(/,(% p"( +9/,#/X$/ +9/ -$ 0('#+$+#M/ ‘ J$ (%,*(%$/,(% fV#/+"-$'9% $ -$ 3#%,9*#$ 1$0#-#$*c -$:9*$- N %9+#$#/,(**"4+#M/ :*"%+$ '(- ,*$,$0#(/,9 +9/ @/3#:#'9*(% '(- 4$+#(/,(g7 D(-(+,#V9% '( -$ H(+$4,"*$ '( D(*9,9/#/$ f@DHDg %( $%9+#$ +9/ (1(+,9% $'V(*%9% +909 0$*(9c +(1$-($c /i"%($%c VM0#,9c A+,"$-0(/,( /9 (;#%,(/ 4*"(:$% '( -$:9*$,9*#9 9 8$:#/(,( '#$**($c ,*$%,9*/9% '( 09V#0#(/,9c #/%90/#9c #**#,$:#-#'$'c +$4$+(% '( '#$8/9%,#+$* "/ ,*$%,9*/9 '( $/%#('$' 9 ,#4#1#+$*-9c $-,(*$+#9/(% V#%"$-(%c -(,$*89c $/9*(;#$ N (%,$'9% '( %" ",#-#'$' $4-#+$ $- '#$8/M%,#+9 '#1(*(/+#$-7 I- '#$8/M%,#+9 '(%i/#097 ‘ J$% ^(/S9'#$S(4#/$% f^s?g f$-4*$S9-$0c 3$%,$ (%,( 090(/,9 (% :i%#+$0(/,( +-./#+97 J9% (%,"'#9% :*90$S(4$0c -9*$S(4$0 N '#$S(4$0g 3$/ '(09%,*$'9 %(* #/#+#$-(% '( -$:9*$,9*#9 (/ "/ 4$+#(/,( +9/ ,*$%,9*/9 '( (1#+$+(%7 )*#0$*#$0(/,( *('"+(/ 0i% -9% %./,90$% %90i,#+9% $/%#('$' '(:(/ #/+-"#*2 :#90(,*.$ 3(0i,#+$ +904-(,$c 8-"+9%$ p"( -9% 4%.p"#+9% ‘ I- "%9 '( ^s? %( $%9+#$ $ "/ 0$N9* *#(%89 (/ $N"/$%c 4(*1#- '( -.4#'9% f+9-(%,(*9-c ,*#8-#+U*#'9%gc '( '(4(/'(/+#$c ,9-(*$/+#$c %('$+#M/c $++#'(/,(% '( ,*i1#+9 N (-(+,*9-#,9%c (/S#0$% 3(4i,#+$%c +*($,#/#/$ %U*#+$c I!Fc (1(+,9% '( %" *(,#*$'$ f$/%#('$' '( *(:9,(g7 J$ #/,(**"4+#M/ 39*09/$% ,#*9#'($% N I=!7 I/ +$%9 /(+(%$*#9 4*"(:$ '( '(- ,*$,$0#(/,9 +9/--(V$ "/ *#(%89 '( *(+$.'$ '(- L\q $- P\q (0:$*$S97 D( '(:( +9/%#'(*$* %9-#+#,$* (%,"'#9% '( (/,*( Y N >L 0(%(% '(%4"U% '( -$ #/,(**"4+#M/ '(- 0#%097 -$:9*$,9*#9 N 8$:#/(,( %9-9 (/ $p"(--9% 4$+#(/,(% p"( %( %9%4(+3( -$ 4*(%(/+#$ '( 9,*$ 4$,9-98.$ p"( %( $+904$r( '( I- "%9 '( -$% $S$4#*9/$% 3$ 09%,*$'9 *(%"-,$'9% %./,90$% '( $/%#('$'7 ="$/'9 %( (/+"(/,*(/ '$,9% +-./#+9% +9/,*$'#+,9*#9% +909 ,*$,$0#(/,9 '( 4*#0(*$ -./($ (/ (- EA!7 '( 4$,9-98.$ /9 4%#p"#i,*#+$ (%4(+.1#+$ %( '(:(*i/ %9-#+#,$* -9% D( /(+(%#,$/ (%,"'#9% $ -$*89 4-$S9 4$*$ '(09%,*$* p"( (%,9% (%,"'#9% '( -$:9*$,9*#9 N 8$:#/(,( 4(*,#/(/,(%7 0('#+$0(/,9% %9/ (1#+$+(%7 B9 3$N (V#'(/+#$ p"( k"%,#1#p"(
EHAEA<@IBEF
(- (04-(9 '( /("*9-U4,#+9% /# :(,$:-9p"($'9*(% f4*94*$/9-9-g (/ (- ,*$,$0#(/,9 '(- EA! /# (- E*$%,9*/9 '( 4i/#+97 >>\
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0)$*$ (- EA! %( *(+90#(/'$2 ‘ @/#+#$* (- ,*$,$0#(/,9 -9 $/,(% I/ -$ +*#%#% '( 4i/#+9 -$ +90:#/$+#M/ '( 4%#+9,(*$4#$ N ^s? V% 49%#:-( ‘ K%9 '( ^s? f$-4*$S9-$0c -9*$S(4$0 N '#$S(4$0g (/ 09/9,(*$4#$ +9/'"+,"$- %9-9 (% (1#+$S '"*$/,( -$ 1$%( $8"'$7 (- #/#+#9 '(- ,*$,$0#(/,9c (/ -$% *($8"'#S$+#9/(% N (/ (I- ,*$,$0#(/,9 '( (-(++#M/ (/ -$ +*#%#% '( 4i/#+9 (% (- "%9 '( ,*$,$0#(/,9 $ +9*,9 4-$S9 fam>L %(0$/$%g ‘ I/ (- ,*$,$0#(/,9 ^s? f'#$S(4$0c $-4*$S9-$0c +-9/$S(4$0 N -9*$S(4$0g $ '9%#% $ -$*89 4-$S9c N '(%'( (- #/#+#9 %( *(+90#(/'$ (- "%9 '( @DHD7 :$k$7 I/ -$ 1$%( '( 0$/,(/#0#(/,9 /9 %( *(+90#(/'$ (- "%9 '( @/#+#$* +9/ 4$*9;(,#/$c %(*,*$-#/$ 9 (%+#,$-94*$0c %#/9 3$N ^s?7 0(k9*.$ +$0:#$* $ ](/-$1$;#/$ 9 @0#4*$0#/$ ‘ )$*$ *(,#*$* (I/ (- ,*$,$0#(/,9 '( -$ 19:#$ %9+#$- -9% @DHD f4$*9;(,#/$c @DHD '(:( *('"+#*%( (/ 19*0$ -(/,$ N 8*$'"$- 3$%,$ (%+#,$-94*$0c %(*,*$-#/$g %9/ +9/%#'(*$'9% -9% 0('#+$0(/,9% %"%4(/'(*-9c +9/ -$ 1#/$-#'$' '( (V#,$* "/ %./'*90( '( '( 4*#0(*$ -./($7 =-9/$S(4$0c $-4*$S9-$0c 8$:$4(/,#/$ N $:%,#/(/+#$ ‘ I/ 4$+#(/,(% +9/ 3#%,9*#$ '( $:"%9 '( +#,$-94*$0 '( %(8"/'$ -./($c 0#(/,*$% 1-"9;(,#/$c :"4*94#9/ 0('#+$0(/,9% 9 %"%,$/+#$% ,M;#+$% 4"('( 4*(%+*#:#*%( N 0#*,$S(4#/$ '( ,(*+(*$7 I/ -$ 19:#$ %9+#$- %#04-( 4"('( ^"%4#*9/$ (/ -"8$* '( ^s?7 ="$/'9 -$ *(%4"(%,$ $ -$% '9%#% #/'#+$*%( (- "%9 '( 4*94*$/9-9-7 I/ -$ 19:#$ %9+#$- %#04-( M4,#0$% '( -9% @DHD (% #/$'(+"$'$ 9 /9 %9/ :#(/ ,9-(*$'9%c f%./,90$% 1M:#+9% (/ %#,"$+#9/(% %9+#$-(% +-$*$0(/,( '(:( +$0:#$*%( $ 9,*9 @DHD7 D# /9 3$N 0(k9*.$ '(%4"U% '( am '(1#/#'$%g %( *(+90#(/'$ (- "%9 '( 4*94$/9-9- $/,(% '( -$ >L %(0$/$%c +9/%#'(*$* -$ ",#-#S$+#M/ '( 9,*9 1i*0$+9 +9/ (;49%#+#M/c 0#(/,*$% 4$*$ -$ 19:#$ %9+#$- 8(/(*$-#S$'$ (- "%9 '#1(*(/,( 0(+$/#%09 '( $++#M/7 )$*$ #/'#+$* (- "%9 '( '( @DHD f4$*9;(,#/$g7 I- ,*$,$0#(/,9 1$*0$+9-M8#+9 (/ -$% V(/-$1$;#/$ (/ 4$+#(/,(% 3#4(*,(/%9% (- 0U'#+9 '(:( (%,$* 19:#$% (%4(+.1#+$% (% 0./#09 '(:#'9 $- $-,9 8*$'9 '( U;#,9 '( %(8"*9 p"( -$ 4$,9-98.$ (%,$ +9/,*9-$'$c $ ,*$VU% '( -$ ,90$ -$ ,(*$4#$ '( (;49%#+#M/7 I;#%,(/ 49+9% (%,"'#9% +90:#/$'9% '( -$ EA $- #/#+#9 '(- ,*$,$0#(/,9 N (/ 19*0$ *(8"-$* '"*$/,( '( ^s? N ,(*$4#$ '( (;49%#+#M/c (/ (--9% /9 3$ (/+9/,*$'9 (- ,#(049 p"( '"*( (- 0#%097 I/ +$%9 '( ",#-#S$* V(/-$1$;#/$ :(/(1#+#9 $'#+#9/$- +9/ (- "%9 '(- 0('#+$0(/,97 -$ '9%#% /9 '(:(*i %(* 0$N9* $ ZT 08% 49* '.$7 B9 %( *(+90#(/'$ -$ 4*(%+*#4+#M/ '( V(/-$1$;#/$ $ 4$+#(/,(% +9/ $-,9 *#(%89 '( $**#,0#$% +$*'#$+$% 9 #/1$*,9 $- 0#9+$*'#9 *(+#(/,(c N (/ 4$+#(/,(% 3#4(*,(/%9% %9-9 %( ",#-#S$*i +"$/'9 -$ 3#4(*,(/%#M/ (%,U +9/,*9-$'$7 J$ (V#'(/+#$ (/ (,*$,$0#(/,9 '(- ,*$%,9*/9 '( 4i/#+9 %"8#(*( p"(2 ‘ J9% @DHD f 4$*9;(,#/$c 1-"9;(,#/$c +#,$-94*$0c %(*,*$-#/$c ( #0#4*$0#/$g +904$*$'9% +9/ 4-$+(:9c 0(k9*$/ -9% %./,90$% (/ -$ $/%#('$' $/,#+#4$,9*#$c (V#,$+#M/ $89*$1M:#+$ N (/ -9% %./,90$% *(-$+#9/$'9% +9/ -$ '#%+$4$+#'$' 1"/+#9/$- N -$ +$-#'$' '( V#'$ ‘ I- +#,$-94*$0c (%+#,$-94*$0c 1-"9;(,#/$c 4$*9;(,#/$c %(*,*$-#/$ N V(/-$1$;#/$ '( -#:(*$+#M/ 4*9-9/8$'$ 0(k9*$/ %#8/#1#+$,#V$0(/,( -$ 8*$V('$' '(- 4i/#+9 ‘ J9% $/,#'(4*(%#V9% %9/ (- 0('#+$0(/,9 '( (-(++#M/ (/ (,*$,$0#(/,9 1$*0$+9-M8#+9 '( 0$/,(/#0#(/,9 4$*$ *('"+#* (/X0(*9 '( +*#%#% '( 4i/#+97
B9 '$* ,*$,$0#(/,9 1$*0$+9-M8#+9 (/ +$%9 '( 19:#$% (%4(+.1#+$%7 I/ (- ,*$%,9*/9 9:%(%#V9m+904"-%#V9 (,*$,$0#(/,9 '( 4*#0(*$ -./($ %9/ -9% $/,#'(4*(%#V9% @DHD f1-"9;(,#/$c c 4$*9;(,#/$c %(*,*$-#/$g7 J9% 0('#+$0(/,9% '( %(8"/'$ -./($ %9/ +-90#4*$0#/$c V(/-$1$;#/$c +#,$-94*$0 N '( ,(*+(*$ -./($ +-90#4*$0#/$ @]c (%+#,$-94*$0 B9 %( 3$ '(09%,*$'9 (/ 19*0$ +9/%#%,(/,( -$ (1#+$+#$ '( 0('#+$0(/,9% +909 +-9/$S(4$0 (/ (- ,*$,$0#(/,9 '(- EF=7 )$*$ (- ,*$,$0#(/,9 '(- ,*$%,9*/9 9:%(%#V9m+904"-%#V9 %( *(+90#(/'$/ $/,#'(4*(%#V9%2 )*#0(*$ -./($2 @DHD f1-"9;(,#/$c 4$*9;(,#/$c %(*,*$-#/$g D(8"/'$ -./($2 +-90#4*$0#/$c V(/-$1$;#/$c +#,$-94*$0 E(*+(*$ -./($2 +-90#4*$0#/$ @] (%+#,$-94*$07
J9% $/,#'(4*(%#V9% '(:(/ %(* -9% X/#+9% 0('#+$0(/,9% 4$*$ (- 0$/(k9 $ -$*89 4-$S9 '(- ,*$%,9*/9 '( 4i/#+97 J9% @DHD f1-"9;(,#/$c 4$*9;(,#/$c %(*,*$-#/$c +#,$-94*$0g %9/ -9% 0('#+$0(/,9% '( 4*#0(*$ (-(++#M/7 ="$/'9 (- @DHD /9 4"('( 4*(%+*#:#*%( 9 /9 3$N 0(k9*.$ '(- 4$+#(/,( '(%4"U% '( >L %(0$/$% '( ,*$,$0#(/,9c '(:( ",#-#S$*%( "/ $/,#'(4*(%#V9 ,*#+.+-#+9 f#0#4*$0#/$c +-90#0#4*$0#/$g7 J$% ^s? f$-4*$S9-$0c +-9/$S(4$0c -9*$S(4$0 N '#$S(4$0g 3$/ '(09%,*$'9 %(* (1#+$+(% (/ (- ,*$,$0#(/,9 '( -$ +*#%#% '( 4i/#+97 I%,9% 0('#+$0(/,9% %( (/+"(/,*$/ $%9+#$'9% $ "/ $04-#9 (%4(+,*9 '( (1(+,9% $'V(*%9% f'(4(/'(/+#$c %./'*90( '( $:%,#/(/+#$ 49* %" +(%( N *(+"**(/+#$ $/,( -$ '#%+9/,#/"#'$' '(,*$,$0#(/,9gc '"*$/,( N '(%4"U% '(- ,*$,$0#(/,97
>>
EHAEA<@IBEF BF QAH
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-$% 1$%(% '(- 4*9+(%9 $%#%,(/+#$- D( '(:( 4*949*+#9/$* $0(k9*.$ +-./#+$ N %#8/#1#+$,#V$ '( -9% %./,90$% '( 4i/#+9 $ -9% Y 4$+#(/,(c N +"$/'9 %($ $4*94#$'9 $ -$ 1$0#-#$c #/19*0$+#M/ 0(%(% '( %(8"#0#(/,9c 0(k9*$ -$ +$-#'$' '( V#'$ '(- 4$+#(/,( +#(/,.1#+$ :$%$'$ (/ -$ (V#'(/+#$c %9:*( %"% %./,90$%c -$% N %( $%9+#$ +9/ "/$ *('"++#M/ '( -9% %./,90$% '( ,#49 94+#9/(% '( ,*$,$0#(/,9 N -$% 49%#:#-#'$'(% '( 0$/(k9 '( %" '(4*(%#V9 $%9+#$'9% $- ,*$%,9*/97 I/ "/$ *(V#%#M/ %#%,(0i,#+$ ,*$%,9*/9c N ,(/(* (/ +"(/,$ %" 94#/#M/c 4$*$ 1$+#-#,$* -$ ,90$ %( (/+9/,*M p"( -$ E== (% "/ ,*$,$0#(/,9 (1(+,#V9 (/ -9% '( '(+#%#9/(% +904$*,#'$7 4$+#(/,(% $'"-,9% +9/ ,*$%,9*/9 9:%(%#V9m+904"-%#V97 J$ E== (%,i #/'#+$'$ 4$*$2 ‘ E*$%,9*/9 '( A/%#('$' !(/(*$-#S$'$ ‘ D( '(:( V$-9*$* -$ 49%#:#-#'$' '( $49N9 1$0#-#$*c ,(/(* (/ )i/#+9 f+9/ N %#/ $89*$19:#$g ‘ Q9:#$ %9+#$- ‘ E*$%,9*/9% '( +"(/,$ -9% *(+"*%9% %9+#$-(% '#%49/#:-(% N %"8(*#* -9% +$0:#9% 19:#$% (%4(+.1#+$% ‘ E*$%,9*/9 F:%(%#V9m=904"-%#V97 J$ E== '( (%,#-9 '( V#'$ 0i% $4*94#$'9%7 J$ :$k$ +$-#'$' $4-#+$'$ '( 0$/(*$ #/'#V#'"$- ,#(/( "/ (1(+,9 %#0#-$* $- '(0(,9'9-M8#+$ N (%,"'#9% #/%"1#+#(/,(% /9 4(*0#,(/ (;,*$(* ,*$,$0#(/,9 (/ 8*"49c %# :#(/ (- #/'#V#'"$- 4*(%(/,$ 0(/9*(% +9/+-"%#9/(% $+(*+$ '( -$ (1#+$+#$ 9 %(8"*#'$' '( -$ V$-(*#$/$c ,$%$% '( $:$/'9/97 J$ E== 4"('( %(* $4-#+$'$ '( 0$/(*$ 4$%#9/$*#$c (- 8#/|89 :#-9:$c -$ +$-'(*9/$ $0$*#--$ N (#/'#V#'"$- 9 (/ 8*"49c N$ p"( -9% (1(+,9% %9/ %#0#-$*(%c 4*(4$*$'9 '( (%4#/9 :-$/+9c $0$49-$ '( +$-#19*/#$ N $"/p"( (- ,*$,$0#(/,9 #/'#V#'"$- +9/ --(V$ 0(/9*(% ,$%$% '( 0$8/(%#9 (/ (- ,*$,$0#(/,9 '( -9% ,*$%,9*/9% '( $/%#('$'7 B9 $:$/'9/97 I;#%,(/ 49+9% (%,"'#9% +9/ :"(/$ 0(,9'9-98.$ %( *(+90#(/'$ (- "%9 '( V$-(*#$/$c 4$%#9/$*#$c 8#/|89 :#-9:$c 4$*$ %$:(* %# (- ,*$,$0#(/,9 +90:#/$'9 fE== N 1$*0$+9-M8#+9g +$-'(*9/$ $0$*#--$c 4*(4$*$'9 '( (%4#/9 :-$/+9c $0$49-$ '( (% %"4(*#9* $ +$'$ "/9 '( (--9% 49* %(4$*$'97 J9% 49+9% +$-#19*/#$ N 0$8/(%#9 4$*$ (- 0$/(k9 '( -9% ,*$%,9*/9% '( (%,"'#9% p"( +904$*$/ '#*(+,$0(/,( -$ ,(*$4#$ +90:#/$'$ $/%#('$'7 A 4(%$* '( p"( -$ ,(*$4#$ '( 0('#,$+#M/ %( "%$ f:(/S9'#$S(4#/$% N $/,#'(4*(%#V9%g V% %9-9 (- ,*$,$0#(/,9 $04-#$0(/,( 4$*$ 0"+3$% $1(++#9/(% *(-$+#9/$'$% +9/ -$ 1$*0$+9-M8#+9c 0"(%,*$/ V(/,$k$ 4$*$ -$ ,(*$4#$ +90:#/$'$7 $/%#('$'c 1$-,$/ (%,"'#9% %9:*( 4$+#(/,(% +9/ ,*$%,9*/9% 49* )9* %" (1#+$+#$c (/ -9% ,*$%,9*/9% '( $/%#('$' %( *(+90#(/'$ $/%#('$'7 I- (%+$%9 /X0(*9 '( (%,"'#9% /9 4(*0#,( (- ,*$,$0#(/,9 +90:#/$'9 fE== N 1$*0$+9-M8#+$gc $"/p"( %( (%,$:-(+(* +9/+-"%#9/(% %9:*( -$ (1(+,#V#'$' '( -$ ,(*$4#$ '( /(+(%#,$/ 0i% (%,"'#9% '( +904$*$+#M/7 0('#,$+#M/ (/ -9% ,*$%,9*/9% '( $/%#('$'7 I- ,*$,$0#(/,9 '( 4*#0(*$ -./($ 4$*$ -$ 19:#$ (%4(+.1#+$ (% -$ ,(*$4#$ '( (;49%#+#M/c -$ +"$- 91*(+( (/ 8(/(*$- $'(+"$'$ %9-"+#M/ $ -9% %./,90$%7 D( '(:( 91*(+(* ,(*$4#$ '( (;49%#+#M/ $ -9% 4$+#(/,(% +9/ 4*(%(/+#$ '( 19:#$ (%4(+.1#+$ 49* %"% *(%"-,$'9% :(/U1#+9%7 J$ E(*$4#$ =98/#,#V9m=9/'"+,"$- fE==g %( +$*$+,(*#S$ 49* %(* "/ 0U,9'9 $+,#V9 N '#*(+,#V9c (/ (--$ 4$+#(/,( N ,(*$4(",$ f4*91(%#9/$- (;4(*,9g ,*$:$k$/ (/ 19*0$ +9/k"/,$ N (%,*"+,"*$'$c +9/ ,$*($% 1"(*$ '( %(%#M/7 I%,$ #/'#+$'$ -$ E==c *($-#S$'$ 49* 4*91(%#9/$-(% +$4$+#,$'9% p"( %( $'3#(*$/ $ -9% 4*9,9+9-9% '( ,*$,$0#(/,9 1"/'$0(/,$'9% (04.*#+$0(/,(7 J$ E== (% (1(+,#V$ 4$*$ (- ,*$,$0#(/,9 '( -$ EA!c N$ p"( '#%0#/"N( -9% %./,90$% '( $/%#('$'c 4*(9+"4$+#M/ N '(4*(%#M/7 B9 3$N (V#'(/+#$ '( p"( -$ E== $4-#+$'$ '"*$/,( 0i% '( Y 0(%(% f>\ %(%#9/(%g +9/%#8$ "/$ 0$N9* (1(+,#V#'$' $ 0i% -$*89 4-$S97 )$*$ -$ 0$N9* 4$*,( '( -9% 4$+#(/,(%c -$ E== %( *($-#S$*i (/ %(%#9/(% %(0$/$-(% '( > $ L 39*$% N '(:(*i +904-(0(/,$*%( (/ "/ 4-$S9 0i;#09 '( P 0(%(% '(%'( (- #/#+#97 J$ E== 4$*$ (- ,*$,$0#(/,9 '(- EA! $ +9*,9 4-$S9 (% ,$/ (1#+$S +909 -$ ,(*$4#$ 1$*0$+9-M8#+$c %# :#(/c 1$-,$ (V#'(/+#$ '( +904$*$+#M/ 4$*$ +9/%,$,$* (%,$ (1#+$+#$ $ -$*89 4-$S97 I/ "/ 0(,$m$/i-#%#% $- +904$*$ -$ E== +9/ 9,*$% ,U+/#+$% 4%#+9%9+#$-(% /9 %( 4"'9 +9/+-"#* p"( ,U+/#+$ 4%#+9%9+#$- (% 0i% (1(+,#V$ (/ (- ,*$,$0#(/,9 '(- EA!7 J$ E== $"0(/,$ %#8/#1#+$,#V$0(/,( -$ 4*949*+#M/ '( 4(*%9/$% +9/
=H@EIH@FD ?I HIQIHIB=@A ?(:(/ %(* *(1(*#'9% '( 4*#0(* $ %(8"/'9 /#V(- '( $,(/+#M/ $p"(--9% 4$+#(/,(% +9/ ,*$%,9*/9 '( $/%#('$' +9/2 o ?#1#+"-,$' 9 '"'$ '#$8/M%,#+$ o =909*:#-#'$' 4%#p"#i,*#+$ " 9*8i/#+$ f'(4*(%#M/ 0$N9*c '(4(/'(/+#$ (,.-#+$ N59 $:"%9 '( %":%,$/+#$%g o @'($+#M/ %"#+#'$ o I/ +$%9 '( 4(*%#%,(/+#$ '( %./,90$% $ 4(%$* '( ,*$,$0#(/,9 1$*0$+9-M8#+9 N59 /9 1$*0$+9-M8#+9 49* 0i% '( >L %(0$/$% o D./,90$% 0"N #/+$4$+#,$/,(% f$'$4,$+#M/ %9+#$- 9 -$:9*$-g7 I/ +$%9 '( #'($+#M/ %"#+#'$ 3$+(* '(*#V$+#M/ "*8(/,(7 D( *(1(*#*i '( D(8"/'9 $ E(*+(* /#V(- '( $,(/+#M/ $ -9% 4$+#(/,(% p"(2 o D( 3$N$ '(%+$*,$'9 (,#9-98.$ 1.%#+$ N /9 4*(%(/,(/ %./,90$% '( #/,9;#+$+#M/ +9/ %"%,$/+#$ $-8"/$ o )*(%(/,(/ ,*$%,9*/9 %(V(*9 '( 4(*%9/$-#'$' +9/ $-,9 8*$'9 '( #04"-%#V#'$' N *#(%89 '( $",9$8*(%#M/ o )*(%(/,(/ ,*$%,9*/9 '( $/%#('$' $+904$r$'9 '( %./,90$% '(4*(%#V9% +9/ $-,9 *#(%89 %"#+#'$ o B(+(%#'$' '( 0$/(k9 (/ $0:#(/,( +9/,*9-$'97 D( *(1(*#*i '( E(*+(* $ D(8"/'9 /#V(- '( $,(/+#M/ $ -9% 4$+#(/,(% p"(2 o R$N$/ $-+$/S$'9 -$ (%,$:#-#'$' +-./#+$c (/ 1$%( '( +9/,#/"$+#M/ 9 0$/,(/#0#(/,97 o =9/ 0i;#09 :(/(1#+#9 $- ,*$,$0#(/,97 D( *(1(*#*i '( D(8"/'9 $ )*#0(* >>L
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0/#V(- '( $,(/+#M/ $ -9% 4$+#(/,(% p"(2 o I/ p"#(/(% 3$N$ *(0#,#'9 -$ %#/,90$,9-98.$ N %( (/+"(/,*(/ (/ 1$%( '( +9/,#/"$+#M/ 9 0$/,(/#0#(/,97 o =9/ 0i;#09 :(/(1#+#9 $,*$,$0#(/,97
]@!@JAB=@A G DI!K@<@IBEF ="$/'9 %( #/#+#( "/ /"(V9 ,*$,$0#(/,9 1$*0$+9-M8#+9 -$ (1#+$+#$ N (1(+,9% $'V(*%9% '(:(/ %(* (V$-"$'9%7 R$:*i p"( ,(/(* (/ +"(/,$ -$% +$*$+,(*.%,#+$% (%4(+.1#+$% '( +$'$ 0('#+$0(/,9 N -$ (V9-"+#M/ +-./#+$ '(- 4$+#(/,(7 ="$/'9 %( #/#+#( "/ /"(V9 ,*$,$0#(/,9 1$*0$+9-M8#+9 (- 4$+#(/,( '(:( %(* (V$-"$'9 (/ -$% L 4*#0(*$% %(0$/$%c N '( /"(V9 $ -$% Pc Y N >L %(0$/$%7 A- +$:9 '( >L %(0$/$% '( ,*$,$0#(/,9 %( '(:( ,90$* -$ '(+#%#M/ '( +9/,#/"$* +9/ U- 9 +9/%#'(*$* "/$ #/,(*V(/+#M/ $-,(*/$,#V$7 I/ +$%9 '( p"( (- 0('#+$0(/,9 +9/,#/X( 49* 0i% '( >L %(0$/$%c (- 4$+#(/,( '(:(*i %(* (V$-"$'9 +$'$ am>L %(0$/$% '(4(/'#(/'9 '( -$ (V9-"+#M/ +-./#+$7 J$ #/+$4$+#'$' 4$*$ (- ,*$:$k9 %( +9/%#'(*$ +909 4$*,( #/,(8*$- '(- ,*$,$0#(/,9 (/ $p"(--9% +$%9% p"( (%,$ %( k"%,#1#+$7 )$*$ %" (;4('#+#M/ '(:(*i ,90$*%( (/ +"(/,$ ('(,(*#9*9 +$"%$'9 49* (- ,*$%,9*/9c (1(+,9% +9-$,(*$-(% '(,*$,$0#(/,9 N (- 4"(%,9 (%4(+.1#+9 '( ,*$:$k97 I- 4$+#(/,( '(:(*i *(#/,(8*$*%( $ %" $+,#V#'$' -$:9*$- (/ (- 0(/9* ,#(049 49%#:-( $- -98*$*%( "/$ 0(k9*.$ (/ -$ p"( -$ '#%1"/+#9/$-#'$' /9 #/,(*1#(*$ '( 0$/(*$ #049*,$/,( +9/ %" '(%(04(r97
0$&30$)$0 '.3#' J9% 1$+,9*(% p"( 4*('#%49/(/ $ *#/9%#/"%#,#% %9/2 o D"0(*8#*%( (/ $8"$% +9/,$0#/$'$%7 o E*$:$k$'9*(% (;4"(%,9% $ ,9;#/$% f0$'(*$c ,#/,$%c *(%#'"9% ,M;#+9%c %9-V(/,(%c *(1#/(*.$% '( 4(,*M-(9c 8$% N +"*,#'9 '( +"(*9g7 o E$:$p"#%09 f$+,#V9 N 4$%#V9g7 o ?*98$% f+9+$./$g7 o H#/#,#% 0('#+$0(/,9%$7 ?"*$/,( (- #/,(**98$,9*#9 #/V(%,#8$* %# (;#%,( (- *#(%89c 49* (;49%#+#M/ $2 o E9;#/$%7 o <$'(*$7 o H(%#'"9% ,M;#+9%7 o @/0(*%#M/ (/ $8"$% +9/,$0#/$'$%7 o D9-V(/,(%7 o H(1#/(*.$% '( 4(,*M-(9 N 8$%7 o ="*,#'9 '( +"(*97 o E(;,#-(%7 o E9;#+90$/.$%7 o A'0#/#%,*$+#M/ +*M/#+$ '( %"%,$/+#$% V.$ /$%$-c +909 V$%9+9/%,*#+,9*(% ( #/3$-$/,(%7 I- 3i:#,9 ,$:ip"#+9 N (- ,$:$p"#%09 4$%#V9 (/ $'"-,9% %( 3$/ (/+9/,*$'9 $%9+#$'9% $ "/ 0$N9* *#(%89 '( #/1(++#9/(% >>O
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0*(%4#*$,9*#$% +9/ 0$N9* ,#(049 '( (V9-"+#M/7 IV#,$* ('(- 4$+#(/,( (% /(+(%$*#$ -$ :X%p"('$ #/,(/+#9/$'$ '( -9% ,$:$p"#%09 N (- 3"09 '( ,$:$+97 I;#%,(/ 1$+,9*(% %./,90$% 0$N9*(% N 0(/9*(% p"( 4(*0#,$/ (%,$:-(+(* (4*('#%49/(/,(% 4$*$ *#/9%#/"%#,#% +9092 o @/1(++#M/ $8"'$ '( '#$8/M%,#+97 I- %#8/9 +$*'#/$- (% (- '*(/$k( /$%$-c 89,(9 9 V.$% *(%4#*$,9*#$% %"4(*#9*(%7 o H#/#,#% $-U*8#+$7 o '(%+$*8$ 4"*"-(/,$ N$ %($ 49* 1$*#/8( 9 +$V#'$' /$%$-7 A/,(+('(/,(% '( 1*$+,"*$% /$%$-(%7 o ="(*49% (;,*$r9%7 o ?"*$/,( -$ (;4-9*$+#M/ :"%+$* '(%+$*8$ 4"*"-(/,$ (/ /$*#S N E"09*(% '( /$*#S 9 %(/9% 4$*$/$%$-(%7 o I/1(*0('$' 49* 9*91$*#/8(7 )$*,#+"-$* $,(/+#M/ 0(*(+( -$ 4*(%(/+#$ '( *(1-"k9 8$%,*9(%91i8#+97 ?"*$/,( (- #/,(**98$,9*#9 #/V(%,#8$* *#/9-$-#$ N ('(0$ 4(*#9*:#,$*#97 D( '(:( *($-#S$* 4$-4$+#M/ N $/,(+('(/,(% '(2 #/1(++#M/ '( V.$% *(%4#*$,9*#$% %"4(*#9*(%c 4(*+"%#M/ '( *(8#M/ 1*9/,90$;#-$*7 I/ -$ (;4-9*$+#M/ :"%+$* *#/#,#%c $/9*0$-#'$'(% $/$,M0#+$% N *(1-"k9 8$%,*9(%91i8#+97 *#/9-$-#$c ('(0$ N (*#,(0$ 4(*#9*:#,$*#9c N $'(0i% *($-#S$* J9% 1$+,9*(% 4*('#%49/(/,(% #/+-"N(/ *#/#,#% $-U*8#+$ 4$-4$+#M/ N 4(*+"%#M/ '( -$ *(8#M/ 1*9/,90$;#-$*7 V$%909,9*$ 9 0('#+$0(/,9%$c $%. +909 +#(*,$% V$*#$+#9/(% I/ -9% +$%9% '( *#/9%#/"%#,#% $8"'$c /9 %( k"%,#1#+$/ -$ ,90$ $/$,M0#+$%7 I/ (- #/,(**98$,9*#9 %( *(+90#(/'$ '(,(+,$* *",#/$*#$ '( *$'#98*$1.$% '( %(/9% 4$*$/$%$-(%7 B9 %( $/,(+('(/,( '( *#/#,#% $-U*8#+$ V$%909,9*$ 9 0('#+$0(/,9%$ *(+90#(/'$ -$ ,90$ '( *$'#98*$1.$% (/ $p"(--9% 4$+#(/,(% (/ N V$*#$+#9/(% $/$,M0#+$%7 F,*9% 1$+,9*(% p"( 4*('#%49/(/ $ -$ -9% p"( %( (%,$:-(+( "/ '#$8/M%,#+9 +-./#+9 4*(+#%9 '( *#/9%#/"%#,#%w 1#:*9%#% p".%,#+$c '#%+#/(+#$ +#-#$*c '(1#+#(/+#$% '( *#/9%#/"%#,#% $8"'$7 J9% 4$+#(/,(% +9/ +(1$-($ 1*9/,$- N p"( #/0"/98-9:"-#/$% f@8!c @8Acgc '(1#+#(/+#$ '( $/,#+"(*49% %"8#(*$/ -$ 4*(%(/+#$ '( %#/"%#,#% '(:(*i *($-#S$* "/$ (%4(+.1#+9%c %./'*90( '( G9"/8c %./'*90( '( n$*,$8(/(*c *$'#98*$1.$ 4$*$ '(%+$*,$* %#/"%#,#% 1*9/,$-7 J9% 4$+#(/,(% +9/ %(/%#:#-#'$' $ -$ $%4#*#/$ f%./'*90( '( D$0,(*gc %./'*90( '( +(1$-($ 1*9/,$- (/ -9% p"( 3$N$ p"( '(%+$*,$* -$ %#/"%#,#% '(:( #/0"/9'(1#+#(/+#$ $'p"#*#'$c %./'*90( D,*$"%% =3"*87 *($-#S$*%( "/$ *$'#98*$1.$ =$'6(-- N -$,(*$- '( +*i/(97 J$% ?"*$/,( (- #/,(**98$,9*#9 #/V(%,#8$* $/,(+('(/,(% '(- (%,$'9 ,U+/#+$% '( #0$8(/ 4"('(/ 4*9V((* (V#'(/+#$ +9/1#*0$,9*#$ #/0"/9-M8#+97 I;#%,(/ 1$+,9*(% 4*('#%49/(/,(% '( 9*#8(/ +"$/'9 -9% %./,90$% %9/ V$89% N -9% 3$--$S89% +-./#+9% %9/ 9'9/,98U/#+9 4"('(/ 8(/(*$* *#/9%#/"%#,#% $8"'$7 A'(0i% '( #/(;$+,9% 9 +"$/'9 3$N (/1(*0('$' +-./#+$ 4(*%#%,(/,( +9/ 1$+,9*(% $0:#(/,$-(% +909 (- "%9 '( $#*( $+9/'#+#9/$'9 9 "/$ ,(*$4#$ 0U'#+$ M4,#0$7 I/ +$%9 '( /9 -98*$* (%,$:-(+(* +-#0$ $*,#1#+#$-7 "/ '#$8/M%,#+9 4*(+#%9 9 (/ +$%9 '( ,(/(* (/1(*0('$' 4(*%#%,(/,( +9/ (- ,*$,$0#(/,9 $'(+"$'9 4"('( *($-#S$*%( *$'#98*$1.$% 4$*$ $49N9 '#$8/M%,#+97
?@A!BCDE@=F J9% %./,90$% 4*(%(/,(% (/ -$ *#/9%#/"%#,#% $8"'$ %9/ *#/9**($ 4"*"-(/,$ $/,(*#9* N 49%,(*#9*c 9:%,*"++#M/ /$%$- "/# 9 :#-$,(*$-c '9-9* 1$+#$-c 3#49%0#$c $/9%0#$ N 1#(:*(7 @/V(%,#8$* $/,(+('(/,( '( *#/9**($ 4"*"-(/,$c 9:%,*"++#M/ /$%$- "/# 9 :#-$,(*$-c '9-9* 1$+#$-c 3#49%0#$c $/9%0#$ N 1#(:*(7 F,*9% %./,90$% %9/ +(1$-($c 3$-#,9%#%c 9,$-8#$c ,9%c 4-(/#,"' M,#+$ N '9-9* '(/,$-7 @/V(%,#8$* ,$0:#U/ +(1$-($c 3$-#,9%#%c 9,$-8#$c 4-(/#,"' M,#+$ N '9-9* '(/,$-7 I- '#$8/M%,#+9 +-./#+9 '( %#/"%#,#% :$+,(*#$/$ *(p"#(*( -9% %#8"#(/,(% '$,9%2 #/1(++#M/ *(%4#*$,9*#$ $-,$ %(V(*$c #/1-$0$+#M/ 9 '9-9* 1$+#$- 9 +(1$-($7 J$ *#/9**($ 0"+94"*"-(/,$ '(:(*i +9/%#'(*$*%( +909 "/ '$,9 '( #049*,$/+#$ 4$*$ (- '#$8/M%,#+9 %M-9 +"$/'9 (% 4(*%#%,(/,( 49* 0i% '( Z '.$%7 @/,(**98$* %9:*( @HAc +(1$-($c '9-9* 1$+#$- N *#/9**($ 0"+94"*"-(/,$7 A'(0i% '(- ,#(049 '( (V9-"+#M/7 J9% %./,90$% 4"('(/ +-$%#1#+$*%( +909 0$N9*(% 9 0(/9*(%2 <$N9*(%2 *#/9**($ 4"*"-(/,$c 9:%,*"++#M/ /$%$-c '9-9* 1$+#$-c 3#49%0#$c $/9%0#$c 1#(:*( <(/9*(%2 +(1$-($c ,9%c 3$-#,9%#%c 1$,#8$c 9,$-8#$c 4-(/#,"' M,#+$ N '9-9* '(/,$-7 ?9% %./,90$% 0$N9*(% 9 "/9 0$N9* N '9% 0(/9*(% (% (V#'(/+#$ %"1#+#(/,( 4$*$ '#$8/9%,#+$* *#/9%#/"%#,#% $8"'$7 ?"*$/,( -$ (V$-"$+#M/
EHAEA<@IBEF A/,#:#M,#+9% '( 4*#0(*$ (-(++#M/2 >\ $ >P '.$%7 o A09;#+#-#/$ T\\ 08 +5a 3*%7 o E*#0(,94*#0$ 5%"-1$0(,9;$S9- >Y\5a\\ 08 +5>L 3*%7 I/ +$%9 '( $-(*8#$ 9 #/,9-(*$/+#$ $ -9% $/,#:#M,#+9% '( 4*#0(*$ (-(++#M/ 49* >\ $ >P '.$% o ?9;#+#+-#/$ >\\ 08 +5>L 3*%7 o AS#,*90#+#/$ T\\ 08 49* O '#$%7 o =-$*#,*90#+#/$ T\\ 08 +5>L 3*%7 o =(1$-9%49*#/$% 9 p"#/9-9/$%7 J$ $-,(*/$,#V$ 4$*$ +$%9% *(%#%,(/,(% 9 '( 3#4(*%(/%#:#-#'$' %9/2 o =-#/'$0#+#/$7 o H#1$04#+#/$7 o W"#/9-9/$%7 o =(1$-9%49*#/$%7 o B#V(-(% #/,(*0('#9% '( *(%#%,(/+#$ 9 %"%+(4,#:#-#'$' *('"+#'$ $ -$ $09;#+#-#/$ %9/ %"%+(4,#:-(% $ "/ '"4-#+$'9 OmP 85'.$ 4$*$ -9% $'"-,9%c (/ '9%#% 1*$++#9/$'$%7 I- (%p"(0$ *(+90(/'$'9 (%2 o A09;#+#-#/$ T\\ 08 +5a 39*$% '"*$/,( >\m>P '.$% 49* V.$ 9*$-7 o I/ +$%9 '( $-(*8#$ ",#-#S$*2 E*#0(,*94#0$ 5D"-1$0(,9;$S9- >Y\5a\\ 08 +5>L 39*$% '"*$/,( >\ $ >P '.$%7 I- "%9 '( '(%+9/8(%,#9/$/,(% ,M4#+9% +909 -$ 9;#0(,$S9-#/$ $- \7Tq O $ P V(+(% $- '.$ 49* O $ P '.$%7 F;#0(,$S9-#/$ $- \7Tq O $ P V(+(% $- '.$ 49* O $ P '.$%7 I- ,*$,$0#(/,9 '( *#/9%#/"%#,#% #/+-"N( (- 0$/(k9 '(- '9-9*7 D( *(+90#(/'$ $/$-8U%#+9 '( $+"(*'9 $ -$ %(V(*#'$' '(- '9-9*7 >>P
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0I/ $p"(--9% 4$+#(/,(% p"( 4*(%(/,$/ 1#(:*( N '9-9* %( *(+90#(/'$2 o )$*$+(,$09- T\\ 08 +5Y 39*$% 49* V.$ 9*$- (/ +$%9 '( 1#(:*( 9 '9-9*7 o B$4*9;(/9 LT\ 08 +5>L 39*$% 49* DI!K@<@IBEF V.$ 9*$- '"*$/,( T $ Z '.$%7 I- 4$4(- '( -9% $/,#3#%,$0./#+9% (/ D( *(+90#(/'$ %(8"#0#(/,9 49* Z '.$% '(%4"U% '((- ,*$,$0#(/,9 '( -$ *#/9%#/"%#,#% /9 3$ %#'9 '(09%,*$'9 N$ '#$8/M%,#+9 $- 4$+#(/,( +9/ (/1(*0('$' /9 +904-#+$'$ N p"( p"( /9 3$/ 4*9:$'9 %(* (1(+,#V9% (/ (- 0$/(k9 /9 %( /9 $V$/S$ +9/ "%9 $'(+"$'9 '( $/,#:#M,#+9%7 *(+90#(/'$/7 J9% $/,#3#%,$0./#+9%c '(%+9/8(%,#9/$/,(%c (%,(*9#'(%c -$ #**#8$+#M/ +9/ %9-"+#M/ %$-#/$ N -9% 0"+9-.,#+9% D( (%,#0$ "/ ,#(049 '( *(+"4(*$+#M/ '( Z '.$%7 W"( /9 3$/ %#'9 $4*9:$'9% 4$*$ "%9 (/ -$ *#/9/%#/"%#,#%7 B9 %( 3$ *",#/$*#$0(/,( /9 8(/(*$/ #/+$4$+#'$'7 I/ $p"(--9% +$%9% (/ $4*9:$'9 (- "%9 '( %9-"+#M/ %$-#/$c (%,(*9#'(%c 0"+9-.,#+9% N p"( (;#%,$ "/ $,$p"( #049*,$/,( $- (%,$'9 8(/(*$- N 1#(:*( '(%+9/8(%,#9/$/,(%7 B9 3$N (%,"'#9% p"( $49N(/ (- "%9 '( 4"('(/ +9/%#'(*$*%( "/ 4*90('#9 '( O '.$% '( #/+$4$+#'$' $/,#3#%,$0#/#+9% '"*$/,( -$ *#/9%#/"%#,#% $8"'$c %" "%9 4"('( -$:9*$-7 =9/%#'(*$* (- (/V.9 $- (%4(+#$-#%,$ '( %$-"' '((04(9*$* -$ +9/8(%,#M/ N -$ %(p"('$' '( -$ 0"+9%$ /$%$-7 ,*$:$k9 +"$/'9 -$% +9/'#+#9/(% $0:#(/,$-(% '(- -"8$* '( ,*$:$k9 #/1-"N$/7 I- ,*$,$0#(/,9 '( -9% %./,90$% (% 4$*,( #/,(8*$- '(- 0$/(k92 -$% 0('#'$% 8(/(*$-(% +909 0$/,(/(* "/$ #/8(%,$ $'(+"$'$ '( $-#0(/,9% N '( -.p"#'9%7 D( %"8#(*( *($-#S$*2 o @/+*(0(/,9 (/ -$ #/8(%,$ '( -.p"#'9%7 o <$/,(/(* -$ $-#0(/,$+#M/ $'(+"$'$ f%# 3$N 3#49*(;#$c 91*(+(* -9% $-#0(/,9% (/ 4(p"(r$% +$/,#'$'(%g7 J$% 0('#'$% 4*(V(/,#V$% #/+-"N(/ ,*$,$0#(/,9 '( $-(*8#$% ( @HA N (V#,$* 1$+,9*(% $'V(*%9%c +9092 3"09 '( ,$:$+9c $-(*8U/#+9%c +9/,$0#/$+#M/ N ,*$"0$ :i*#+97 E*$,$0#(/,9 $'(+"$'9 '( $-(*8#$% ( @HA N (V#,$* 3"09 '( +#8$**#--9c $-(*8U/#+9%c +9/,$0#/$+#M/ N ,*$"0$ :i*#+97 I/ -9% +$%9% '( *#/9%#/"%#,#% $8"'$ *(+"**(/,( 9 *#/9%#/"%#,#% +9/ $/,(+('(/,( '( +#*"8.$ '( %(/9% 4$*$/$%$-(% %( *(+90#(/'$ %9-"+#M/ %$-#/$ V.$ /$%$-c +9/ (- #/+9/V(/#(/,( '( -9% (1(+,9% %(+"/'$*#9% p"( #/+-"N(/ #**#,$+#M/ /$%$-c 3(09**$8#$ /$%$-c -$ p"(0$ /$%$-c -$8*#0(9c '9-9*(% '( +$:(S$c /$%$- N '*(/$k(7 I/ -9% +$%9% '( *#/9%#/"%#,#% $8"'$ *(+"**(/,( 9 *#/9%#/"%#,#% +9/ $/,(+('(/,( '( +#*"8.$ '( %(/9% 4$*$/$%$-(% %( *(+90#(/'$ %9-"+#M/ %$-#/$ V.$ /$%$- '( P $ Y %(0$/$%7
HIQIHIB=@A
4'*$&.+'!$.#'2$)$0 '.3#'
I;#%,( '$,9% p"( #/'#+$/ +904-#+$+#9/(% +9092 $-,(*$+#9/(% 9+"-$*(%c 9*:#,$*#$%c 1$+#$-(% N +$0:#9% '(- (%,$'9 0(/,$-7 A0(*#,$/ (/V.9 "*8(/,(2 o A-,(*$+#9/(% V#%"$-(%7 o I'(0$c (*#,(0$ 9 '9-9* 9*:#,$-7 o I'(0$ 9 (*#,(0$ 1$+#$-7 o =$0:#9% (/ (- (%,$'9 0(/,$-7 o ?$,9% '( 0(/#/8#,#%7 A0(*#,$/ (/V.9 9*'#/$*#9 -9% +$%9% '( *#/9%#/"%#,#%2 o *(1*$+,$*#$% $,*$,$0#(/,9 '( 4*#0(*$ (-(++#M/7 o *(+"**(/,(% p"( *(p"#(*$ (V$-"$* "/ 49%#:-( 9*#8(/ #/0"/9-M8#+97 o $%9+#$'$ +9/ #/1(++#9/(% 949*,"/#%,$%7 o p"( $1(+,(/ '( 19*0$ #049*,$/,( -$ +$-#'$' '( V#'$ '(- 4$+#(/,(7 o 4$+#(/,(% +9/ 1$+,9*(% 4*('#%49/(/,(%7 I- 4*9,9+9-9 '( (%,"'#9 4$*$ -9% 4$+#(/,(% p"( %( (/V.$/ $ %(8"/'9 /#V(- %(*i '(2 o ^#90(,*.$ 3(0i,#+$7 o I9%#/M1#-9% (/ 09+9 /$%$-7 o H$'#98*$1.$ '( %(/9% 4$*$/$%$-(% N -$,(*$- '( +*i/(97
I- ,$:$p"#%09 $+,#V9 N 4$%#V9 %( 3$ $%9+#$ $ "/ 0$N9* *#(%89 '( #/1(++#9/(% *(%4#*$,9*#$% +9/ 0$N9* ,#(049 '( (V9-"+#M/7 IV#,$* (- ,$:$p"#%09 N (- 3"09 '( ,$:$+97 J$ (;49%#+#M/ +9/ 4$+#(/,(% (/1(*09% '( 1$*#/89$0#8'$-#,#% (% "/ 1$+,9* '( *#(%89 4$*$ '(%$**9--$* -$ (/1(*0('$' $8"'$7 @/V(%,#8$* (- +9/,$+,9 +9/ 4$+#(/,(% +9/ 1$*#/89$0#8'$-#,#% 9 +9/ 49*,$'9* $%#/,90i,#+9 '( D,*(4,9+9++"% :(,$3(09-.,#+9 '(- !*"49 A fI^R!Ag7 @/V(%,#8$* $/,(+('(/,(% '( *(1-"k9 8$%,*9(%91i8#+9c %./'*90( '( $4/($ '(- %"(r9 9:%,*"+,#V9c #/0"/9'(4*(%#M/c (;49%#+#M/ $ +-#0$ $*,#1#+#$- 9 $+,#V#'$' -$:9*$- *(-$+#9/$'$ +9/ (- "%9 '( -$ V9S7 D( *(+90#(/'$ o K%9 '( +":*( :9+$% 4$*$ (V#,$* +9/,$8#9% o IV#,$* (;49/(*%( $ +$0:#9% :*"%+9% '( ,(04(*$,"*$7 >>T
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-
)HKI^AD ?@A!BCDE@=AD ?@A!BCDE@=F J$ 1$*#/8#,#% (% +90X/0(/,( +$"%$'$ 49* V#*"%c 4(*9 $4*9;#0$'$0(/,( >Tq '( -9% (4#%9'#9% 4"('(/ '(:(*%( I^R!A7 I/ (%,9% +$%9% 3$:#,"$-0(/,( %( (/+"(/,*$ (;"'$'9 :-$/p"(+#/9 (/ $0.8'$-$%c $'(/94$,.$ +(*V#+$-c $"%(/+#$ '( *#/9**($ N ,9% N 1#(:*( 0$N9* '( Oab=w (- '#$8/M%,#+9 +-./#+9 +9/ O '( (%,9% '$,9% 3$ '(09%,*$'9 "/$ %(/%#:#-#'$' '( 0i% '( ZTq7 ?"*$/,( -$ (;4-9*$+#M/ +-./#+$ '(:( :"%+$*%( (;"'$'9 :-$/p"(+#/9 (/ $0.8'$-$%c $'(/94$,.$ +(*V#+$- N 1#(:*(7 A'(0i% '( #/,(**98$* %9:*( *#/9**($ N ,9%7 J$ *#/9**($c ,9% 3X0('$c '#%19/.$ N +9/k"/,#V#,#% %"8#(*(/ 9*#8(/ V#*$-7 @8"$- p"( -$ 4*(%(/+#$ '( V(%.+"-$%7 @/V(%,#8$* %9:*( *#/9**($c ,9% 3X0('$c '#%19/.$ ( 3#4(*(0#$ +9/k"/,#V$-7 J9% %#8/9% N %./,90$% ,.4#+9% '( I^R!A %( +$*$+,(*#S$/ 49* 1#(:*(c $'(/94$,.$ +(*V#+$- $/,(*#9*c 3#4(*(0#$ ( 3#4(*,*91#$ $0#8'$-#/$ +9/ (;"'$'9 4"*"-(/,9c +(1$-($c '9-9* $:'90#/$-c N 9,*9% 9+$%#9/$-(% +909 V90#,9c $/9*(;#$ N *$%3 9 "*,#+$*#$7 ?"*$/,( -$ (;4-9*$+#M/ #/V(%,#8$*2 1#(:*(c $'(/94$,.$ +(*V#+$$/,(*#9*c 3#4(*(0#$ ( 3#4(*,*91#$ $0#8'$-#/$c +9/ (;"'$'9 4"*"-(/,9c +(1$-($c '9-9* $:'90#/$-c V90#,9c $/9*(;#$c *$%3 9 "*,#+$*#$7 A-8"/9% '$,9% $'#+#9/$-(% p"( $49N$/ (- '#$8/M%,#+9 %9/ +(1$-($c '9-9* $:'90#/$-c VM0#,9 N 0$-(%,$*7 J9% %./,90$% #/#+#$-(% #/+-"N(/ +9/8(%,#M/ /$%$- ( #**#,$+#M/ 1$*./8($ N (/ 49+$% 39*$% 4"('( 9+"**#* *#/9**($ $+"9%$ N (%,9*/"'9%c 1*(+"(/,(0(/,( $+904$r$'9% '( 0$-(%,$* 8(/(*$-w '( "/9 $ ,*(% '.$% -$ %(+*(+#M/ /$%$- %( V"(-V( ,.4#+$0(/,( 0i% (%4(%$ N 0"+94"*"-(/,$ '(:#'9 $ -$ 4*(%(/+#$ '( +U-"-$% (4#,(-#$-(% 49-#09*19/"+-($*(% N :$+,(*#$% p"( /9*0$-0(/,( +9-9/#S$/ (- ,*$+,9 *(%4#*$,9*#97 ?"*$/,( (- #/,(**98$,9*#9 #/V(%,#8$* +$0:#9% (/ -$ %(+*(+#M/ /$%$- N (/ -$ (;4-9*$+#M/ :"%+$* +9/8(%,#M/ /$%$- ( #**#,$+#M/ 1$*./8($7 I- %#%,(0$ '( <+@%$$+ 4$*$ (V$-"$* 1$*#/89$0#8'$-#,#% (%,*(4,9+M+#+$ ",#-#S$ -$ ('$' f0$N9*(% '( O $r9%g N P %./,90$% f+*(+#0#(/,9 $0#8'$-#/9 9 (;"'$'9c $'(/94$,.$% +(*V#+$- $/,(*#9* N 1#(:*( '( Oab= (/ $"%(/+#$ '( ,9%g7 I% 49%#:-( (%,$:-(+(* "/ '#$8/M%,#+9 ( #/#+#$* ,*$,$0#(/,9 (04.*#+9 +"$/'9 %( (/+"(/,*$/ -9% P %./,90$% +-i%#+9% N (4$+#(/,( ,#(/( "/$ 4*(%(/,$+#M/ ,9;#+$7 ="$/'9 (- '#$8/M%,#+9 (% (V#'(/,(c "/$ ,(*$4#$ (04.*#+$ f%#/ +"-,#V9g (% $+(4,$:-(7 ="$/'9 -$ 4*(%(/,$+#M/ (% #/'"'$:-( 4"('( #/#+#$*%( (- ,*$,$0#(/,9 +9/ $/,#:#M,#+9%7
J$ 4*"(:$ '( $/,.8(/9 *i4#'9 '( #/0"/9(/%$N9 %( ",#-#S$ 4$*$ #'(/,#1#+$* I^R!A E#(/( "/$ %(/%#:#-#'$' '( Y>q $- [Tqc N (%4(+#1#+#'$' '( aam>\\q7 I% :$*$,$ N *i4#'$7 B9 %( (/+"(/,*$ '#%49/#:-( (/ (- #/%,#,",9 (/ (%,( 090(/,9 D" "%9 *",#/$*#9 /9 3$ 8(/(*$'9 8*$/'(% +$0:#9% (/ -$ 4*(%+*#4+#M/ N /9 %( *(+90#(/'$ *($-#S$* '( *",#/$ (/ (- '9-9* '( 8$*8$/,$7 I- +"-,#V9 1$*./8(9 %#8"( %#(/'9 (- (%,i/'$* '( 9*9 4$*$ +9/1#*0$* (- '#$8/M%,#+9 +-./#+9 '( 1$*#/8#,#% (%,*(4,9+M+#+$ $8"'$c ,#(/( "/$ %(/%#:#-#'$' '( [\q m[Tq7 D( *(+90#(/'$ *($-#S$* +"-,#V9 '( 1$*#/8( (/ -9% +$%9% '( *(+"**(/+#$ p"( /9 0(k9*$/ +9/ ,*$,$0#(/,97 A+,"$-0(/,( "/$ 4*"(:$ '( $/,.8(/9 *i4#'9 '( #/0"/9(/%$N9 /(8$,#V$ %( +904-(0(/,$ +9/ "/ +"-,#V9 1$*./8(9 49* -$ :$k$ %(/%#:#-#'$'7 J$ 4*"(:$ '( #/0"/9(/%$N9 M4,#+$ (% $-(/,$'9*$ 4$*$ *($-#S$*-$ %#/ +"-,#V9 '( %(8"*#'$'7 D#/ (0:$*89c -9% *(%"-,$'9% %9/ -#0#,$'9% N +9/,*$'#+,9*#9%7 D( *(+90#(/'$ p"( -$ 4*"(:$ *i4#'$ /(8$,#V$ %( +904-(0(/,( +9/ +"-,#V9 1$*./8(9 4$*$ D,*(4,9+9++"%7
EHAEA<@IBEF I%,"'#9% $-($,9*#9% +904$*$*9/ (- "%9 '(2 o $/,#:#M,#+92 o %#/ 4*(%+*#4+#M/ o ,*$,$0#(/,9 49%,(*8$'9 49* O '.$% D#/ (/+9/,*$* '#1(*(/+#$% (/ -9% *(%"-,$'9%7 J$ 0$N9*.$ '( -$% V(+(% f$-*('('9* '( [\q (/ $'"-,9%g -$ (,#9-98.$ (% V#*$- 49* -9 p"( (- 0$/(k9 #/#+#$- '(:( %(* %#/,90i,#+97 I% 0./#0$ -$ -#,(*$,"*$ %9:*( (- "%9 '( $/$-8U%#+9% 4$*$ (- '9-9* '( 8$*8$/,$7 B9 3$N 4*"(:$% +9/V#/+(/,(% '( p"( 9,*9% $/$-8U%#+9% '( 4$*$+(,$09- %9/ *",#/$*#$0(/,( /(+(%$*#9 $8"'9 '9-9* '( 8$*8$/,$7 I- $/$-8U%#+9 +909 (- 4$*$+(,$09- ( #:"4*91(/9 %9/ -9% 0i% %(8"*9% N (1#+$+(% p"( -9% $/,#:#M,#+9% +9/,*$ -9% %./,90$%7 I/ $'"-,9%c (- '9-9* (/ -$ '(8-"+#M/ 4"('( %(* #/+-"%9 ,*$,$'9% +9/ -#'9+$./$ %4*$N 9 %9-"+#M/7 I4$*$+(,$09- (% (- 1i*0$+9 '( (-(++#M/ 4$*$ -$ $/$-8(%#$ (/ ('9-9* '( 8$*8$/,$c ,(/#(/'9 (/ +"(/,$ (- $"0(/,9 '( -9% *#(%89% $%9+#$'9% +9/ 9,*9% $/$-8U%#+9% %( *(+90#(/'$ T\\ 08 +5a 39*$% '( O $ T '.$%7 J$ 4(/#+#-#/$ (% (- $/,#:#M,#+9 '( (-(++#M/7 ?#V(*%9% (%,"'#9% $49N$/ p"( -$ 4(/#+#-#/$ (/ '#1(*(/,(% '9%#% 9 V.$% '( $'0#/#%,*$+#M/ %#8"( %#(/'9 ($/,#:#M,#+9 '( (-(++#M/7 I%,"'#9% $-($,9*#9% +904$*$*9/ (- "%9 '(2 o $/,#:#M,#+92 o %#/ 4*(%+*#4+#M/ o ,*$,$0#(/,9 49%,(*8$'9 49* O '.$% D#/ (/+9/,*$* '#1(*(/+#$% (/ -9% *(%"-,$'9%7 J$ 0$N9*.$ '( -$% V(+(% f$-*('('9* '( [\q (/ $'"-,9%g -$ (,#9-98.$ (% V#*$- 49* -9 p"( (- 0$/(k9 #/#+#$- '(:( %(* %#/,90i,#+97 I% 0./#0$ -$ >>Y
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-#,(*$,"*$ %9:*( (- "%9 '( $/$-8U%#+9% 4$*$ (- '9-9* '( *($-#S$* +"-,#V9 1$*./8(9 Z '.$% '(%4"U% '( ,(*0#/$* (8$*8$/,$7 B9 3$N 4*"(:$% +9/V#/+(/,(% '( p"( 9,*9% ,*$,$0#(/,9 #/#+#$-c (/ +$%9 '( %(* 49%#,#V9 $ I^R!A ",#-#S$*7 o $/$-8U%#+9% '( 4$*$+(,$09- %9/ *",#/$*#$0(/,( /(+(%$*#9 )(/#+#-#/$ N *#1$04#+#/$ o )(/#+#-#/$ :(/S$,./#+$ N *#1$04#+#/$ $8"'9 '9-9* '( 8$*8$/,$7 I- $/$-8U%#+9 +909 (- 4$*$+(,$09- ( o A09;#+#-#/$ +9/ i+#'9 +-$V"-i/#+9 o =-#/'$0#+#/$ #:"4*91(/9 %9/ -9% 0i% %(8"*9% N (1#+$+(% p"( -9% $/,#:#M,#+9% =-#/'$0#+#/$ L\ 08 5 |8 5 '.$ '#V#'#'9 (/ ,*(% '9%#% f0i;#09 +9/,*$ -9% %./,90$%7 I/ $'"-,9%c (- '9-9* (/ -$ '(8-"+#M/ PT\ 08 5 '.$g ; >\ '.$% (% (- ,*$,$0#(/,9 '( (-(++#M/ %# %( 4"('( %(* #/+-"%9 ,*$,$'9% +9/ -#'9+$./$ %4*$N 9 %9-"+#M/7 I,90$ -$ '(+#%#M/ '( ,*$,$* $- 49*,$'9*7 D# -$ +-#/'$0#+#/$ /9 (% 4$*$+(,$09- (% (- 1i*0$+9 '( (-(++#M/ 4$*$ -$ $/$-8(%#$ (/ ("/$ ,(*$4U",#+$ $'(+"$'$ (-(++#M/c ,$0:#U/ %( 4"('( '$* $ -$ '9-9* '( 8$*8$/,$c ,(/#(/'9 (/ +"(/,$ (- $"0(/,9 '( -9% 4(/#+#-#/$ N *#1$04#+#/$7 I- ,*$,$0#(/,9 '( (**$'#+$+#M/2 *#(%89% $%9+#$'9% +9/ 9,*9% $/$-8U%#+9% %( *(+90#(/'$ T\\ I*#,*90#+#/$c =(1$-(;#/$c =-#/'$0#+#/$c A09;#+#-#/$ 5 08 +5a 39*$% '( O $ T '.$%7 +-$V"-i/#+97 I- ,*$,$0#(/,9 '( *(+"**(/+#$ (% +(1$-(;#/$ 9 +(1$'*9;#-97 F,*$ 94+#M/ (% +-#/'$0#+#/$ O\\ 08;L;>\ '.$%7 IJ$ 4(/#+#-#/$ (% (- $/,#:#M,#+9 '( (-(++#M/7 ?#V(*%9% (%,"'#9% ,*$,$0#(/,9 $/,#:#M,#+9 '( (**$'#+$+#M/ '(:( #/#+#$*%( '(/,*9 $49N$/ p"( -$ 4(/#+#-#/$ (/ '#1(*(/,(% '9%#% 9 V.$% '( '( [ '.$% '(%4"U% '(- #/#+#9 '( -$ (/1(*0('$' $8"'$ N $'0#/#%,*$+#M/ %#8"( %#(/'9 (- $/,#:#M,#+9 '( (-(++#M/7 ]$*#9% +9/,#/"M '"*$/,( >\ '.$% f9 T '.$% 4$*$ $S#,*90#+#/$g7 I(%,"'#9% 3$/ '(09%,*$'9 p"( (- ,*$,$0#(/,9 '( -9% 4$+#(/,(% ,*$,$0#(/,9 '( (**$'#+$+#M/ %(*i 4(/#+#-#/$ :(/S$,./#+$ '( +9/ 1$*#/8#,#% 49* (%,*(4,9+9+9% :(,$ '(- 8*"49 A $+9*,$ (>cL\\c\\\ K@ +$'$ L> '.$% $ 4$*,#* '( -$ 4*#0(*$ $4-#+$+#M/ '( +"*%9 '( -$ (/1(*0('$' =-#/'$0#+#/$ Y\\ 085'.$ (/ L}P '9%#% -$ 4(/#+#-#/$ +904"(%,$ f*(+90(/'$'$ (/ (- ,*$,$0#(/,9 49* >\ '.$% A09;#+#-#/$ $+#'9 +-$V"-$/#+9 T\\ 08 +5a 3*%7 >\ #/#+#$-g 49* O 0(%(%7 '.$% )(/#+#-#/$ 0#;,$ 4*9+$#/#+$ N :(/S$,#/#+$ "/$ '9%#% )(/#+#-#/$ :(/S$,#/#+$ >7L N 4(/#+#-#/$ ! >\YK@ 4*9+$#/#+$7 I- ,*$,$0#(/,9 '( -9% %./,90$% (% 4$*,( #/,(8*$- '(- 0$/(k92 =(1$-9%49*#/$ '( 4*#0(*$ 8(/(*$+#M/ >\ '.$% )(/#+#-#/$ ] (/ J$% 0('#'$% 8(/(*$-(% +909 0$/,(/(* "/$ #/8(%,$ $'(+"$'$ $'9-(%+(/,(% N $'"-,9%2 T\\ 08 =5a 3*%7 >\ '.$% )(/#+#-#/$ ] '( $-#0(/,9% N '( -.p"#'9%7 D( %"8#(*( *($-#S$*2 o @/+*(0(/,9 (/ $'9-(%+(/,(% N $'"-,9%2 LT\ 08 =5a 3*%7 >\ '.$%7 (/ -$ #/8(%,$ '( -.p"#'9%7 o <$/,(/(* -$ $-#0(/,$+#M/ $'(+"$'$ f%# 3$N 3#49*(;#$c 91*(+(* -9% $-#0(/,9% (/ I/ 1$*#/89$0#8'$-#,#% $8"'$ (%,*(4,9+M+#+$ %( *(+90#(/'$ (4(p"(r$% +$/,#'$'(%g7 H($-#S$* +9-",9*#9% 9 8$*8$*#%09% +9/ "%9 '( "/9 '( -9% %#8"#(/,(% (%p"(0$%2 o A09;#+#-#/$ $+#'9 $8"$ :#+$*:9/$,$'$ 0#(/,*$% (;#%,$ (;"'$'9 4"*"-(/,97 J9% +-$V"-$/#+9 T\\ 08 +5a 3*%7 >\ '.$% o =(1$-9%49*#/$ '( *(0('#9% +$%(*9% p"( $N"'$/ $ 0(k9*$* -9% %./,90$% %9/2 o 4*#0(*$ 8(/(*$+#M/ >\ '.$% o =-#/'$0#+#/$ Y\\ 085'.$ (/ L}P !i*8$*$% +9/ $8"$ %$-$'$ f:#+$*:9/$,$'$g – '( +"+3$*$'$ (/ '9%#% 49* >\ '.$% o ="$/'9 %( '#%49/8$ '( 4(/#+#-#/$ "/ V$%9 +9/ $8"$7 4*9+$#/#+$ 4"('( $4-#+$*%( (- %#8"#(/,( (%p"(0$2 )(/#+#-#/$ +904"(%,$ '( >cL\\c\\\ K@ "/$ $4-#+$+#M/ +$'$ >L 39*$% 49* '9% '9%#%c %(8"#'$% '( O '9%#% '( 4(/#+#-#/$ 4*9+$./#+$ '( a\\c\\\ K@ +$'$ >L 39*$% #/,*$0"%+"-$*7 HIQIHIB=@A G =FBEHAHIQIHIB=@A I/ +$%9% '( $-(*8#$ %( *(+90#(/'$2 I*#,*90#+#/$ 9 +(1$-9%49*#/$ '( 4*#0(*$ 8(/(*$+#M/ 49* >\ '.$%7 I/ +$%9 '( #/,9-(*$/+#$ %( '(:( +9/%#'(*$* $S#,*90#+#/$ $ >L085n875'.$ 0i;#09 T '.$% 9 +-#/'$0#+#/$c +-$*#,*90#+#/$c I*#,*90#+#/$ (/ 4$+#(/,(% $-U*8#+9% $ -$ 4(/#+#-#/$ >\ '.$%7 I/ +$%9 '( $-(*8#$ $ -$ 4(/#+#-#/$ ",#-#S$* +(1$-(;#/$ ZT\ 08 =5>L 3*%7 F +(1$'*9;#-9 > 8*7 "/$ V(S $- '.$ L I/ +$%9% '( $-(*8#$ %( *(+90#(/'$2 I*#,*90#+#/$ T\\ 08 +$'$ Y 39*$% 49* >\ '.$%7 I/ +$%9 '( $-(*8#$ $ -$ 4(/#+#-#/$ ",#-#S$* 9 ,*#0(,*94*#0$ %"-1$0(,9;$S9a\5P\\ 08 L ,$:-(,$% +$'$ >L 3*%7 49* >\ '.$%7 )(/#+#-#/$ :(/S$,#/$c +(1"*9;#0$ N +-#/'$0#+#/$c 3$/ '(09%,*$'9 %(* %"4(*#9* $ -$ 4(/#+#-#/$ ] 4$*$ *('"+#* -$ 1*(+"(/+#$ '( *(+"**(/+#$7 I- ,*$,$0#(/,9 '( (**$'#+$+#M/ #/#+#$ [ '.$% '(%4"U% '( -$ (/1(*0('$' $8"'$ N +9/,#/"$ 49* >\ '.$%7 D( $+9/%(k$
D./,90$% '( 9:%,*"++#M/ '( -$ V.$ $U*($ %"4(*#9* +909 (%,*#'9*c '#%/($ N +#$/9%#% *(-$+#9/$'9% +9/ (4#8-9,#,#%c $:%+(%9 4(*#$0#8'$-#/9 N *(,*91$*./8(97 A'(0i% '(2 '#1#+"-,$' *(%4#*$,9*#$c '#%1$8#$ N %#$-9**($ %9/ '$,9% p"( $0(*#,$/ (V$-"$+#M/ 39%4#,$-$*#$7 D# (;#%,( 4*(%(/+#$ '( +904-#+$+#9/(% +909 (4#8-9,#,#%c $:%+(%9 4(*#$0#8'$-#/9 9 *(,*91$*./8(9c '#1#+"-,$' *(%4#*$,9*#$c (%,*#'9*c '#%1$8#$ 9 %#$-9**($ '(:( *($-#S$*%( (/V.9 "*8(/,( $ 39%4#,$- '( %(8"/'9 /#V(-7 J$ 1#(:*( *("0i,#+$ N -$ 8-90(*"-9/(1*#,#% %9/ +904-#+$+#9/(% /9 %"4"*$,#V$% '(- -$ 1$*#/8#,#% 49* I^R!A N *(p"#(*(/ %(* ,*$,$'$ +9/ ,(*$4#$ $/,#:#M,#+$ $4*94#$'$7 I% -$ 4*#/+#4$- *$SM/ 4$*$ #/#+#$* (- ,*$,$0#(/,9 ,(04*$/9 +"$/'9 (% '(,(+,$'9 (D,*(4,9+9++"%7 J9% +$%9% '(,(+,$'9% +9/ 49%#:#-#'$' '( +904-#+$+#9/(% '(:(*i/ %(* (/V#$'9% $ %(8"/'9 /#V(- 4$*$ %" V$-9*$+#M/7 J9% +"-,#V9% 49%#,#V9% $ D,$43N-9+9++"% $"*("%c %( (/+"(/,*$/ (/ 4(*%9/$% %$/$% $%#/,90i,#+$%7 J9% #/,(/,9% '( >>Z
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0(**$'#+$+#M/ %9/ $ 0(/"'9 #/X,#-(% ( #//(+(%$*#9%c (;+(4,9 %( '(,(+,( (- %./'*90( '( $4/($ '(- %"(r9 9:%,*"+,#V9 %(*i/ (/,*( (- 4(*%9/$- p"( ,*$:$k$ +9/ #/0"/9'(4*#0#'9% N (/V#$'9% 4$*$ (V$-"$* -$ /(+(%#'$' '( +#*"8.$7 4$+#(/,(% +9/ 3(*#'$% $:#(*,$%7 J9% 4$+#(/,(% p"( %($/ 49%#,#V9% $ D,$43N-9+9++"% $"*("% (/ (- +"-,#V9 1$*./8(9 N p"( -$:9*(/ +9/ #/0"/9'(4*#0#'9% N 4$+#(/,(% +9/ 3(*#'$% $:#(*,$% %(*i/ (/V#$'9% $ %(8"/'9 /#V(- 4$*$ %" 0$/(k97 HI=K)IHA=@CB I/V#$* $ %(8"/'9 /#V(- (/ 19*0$ 9*'#/$*#$2 o )$+#(/,(% +9/ +"-,#V9 1$*./8(9 49%#,#V9 49%,m,*$,$0#(/,9 '( (**$'#+$+#M/7 o )$+#(/,(% +9/ +"$'*9% *(+"**(/,(% 49*2 >7 E9-(*$/+#$7 L7 @/%"1#+#(/,( +9/+(/,*$+#M/ '( $/,#:#M,#+97 O7 )*(%(/+#$ '( D,$43N-9+9++"% $"*("% 4*9'"+,9* '( :(,$m-$+,$0$%$7 P7 A"%(/+#$ '( 1-9*$ :$+,(*#$/$ '( #/,(*1(*(/+#$ 4$*$ (+*(+#0#(/,9 '( I^R!A7 T7 )9:*( *(%4"(%,$ $- ,*$,$0#(/,9 9 1*$+$%9 +-./#+9 N :$+,(*#9-M8#+9 I- 4*9,9+9-9 '( (%,"'#9 p"( '(:(*i/ 4*(%(/,$* -9% 4$+#(/,( (/V#$'9% %9/2 (;"'$'9 N +"-,#V9 1$*./8(9c 4*9,(./$ = *($+,#V$c 1$+,9* *("0$,9#'(c $/,#(%,*(4,9-#%#/$%c V(-9+#'$' '( (*#,*9%('#0(/,$+#M/ 8-9:"-$*7
=9/%#'(*$* > $ O '.$% (/2 m )$+#(/,(% +9/ 1#(:*( '( Oa 8*$'9% 9 0i%7 m A+,#V#'$' -$:9*$- p"( -9 *(p"#(*$7
DI!K@<@IBEF I- 4*#/+#4$- 9:k(,#V9 '(- ,*$,$0#(/,9 '( -$ 1$*#/89$0#8'$-#,#% 49* (%,*(4,9+9+9 (% 4*(V(/#* (- '(%$**9--9 '( 1#(:*( *("0i,#+$ N -$% +904-#+$+#9/(% %"4"*$,#V$%7 ?(%4"U% '( #/#+#$'9 (- ,*$,$0#(/,9 %( -( #/19*0$ $- 4$+#(/,( p"( -9% %./,90$% +('(/ (/ PamZL 39*$%7 I- ,*$,$0#(/,9 ,(04*$/9 +9/,*$ I^R!A *('"+( (- ,#(049 '( %#/,90$,9-98.$ $ >mL '( -9% ,.4#+9% O $ Z7 I/ +$%9 +9/,*$*#9 *(m(V$-"$* $- 4$+#(/,( (/ :"%+$ '( +904-#+$+#9/(%7 I% /(+(%$*#9 '(%+$*,$* $:%+(%9 N +(-"-#,#% 4(*#$0#8'$-#/9%7 I- +"-,#V9 1$*./8(9 '(%4"U% '(- ,*$,$0#(/,9 '( 1$*#/89$0#8'$-#,#% $8"'$ 4"('( +9/,#/"$* 49%#,#V9 I%(8"#0#(/,9 +9/ +"-,#V9 1$*./8(9 (/ 4$+#(/,(% $%#/,90i,#+9 p"( *(+#:#(*9/ ,*$,$0#(/,9 4$*$ 1$*#/8#,#% 49* I^R!A /9 (%,$ #/'#+$'9 '( *",#/$ N$ p"( -$ 0$N9*.$ 4(*%#%,( +9/ D,*(4,9+9++"% (/ -$ 4$*,( %"4(*#9* '(- ,*$+,9 *(%4#*$,9*#97 I;#%,(/ 4$+#(/,(% p"( *(+#:(/ ,*$,$0#(/,9 +904-(,9 4$*$ 1$*#/89$0#8'$-#,#% $8"'$ N p"( *(p"#(*(/ %(8"#0#(/,9 +9/ +"-,#V9 1$*./8(9 $X/ (/ (%,$'9 $%#/,90i,#+97 D#,"$+#9/(% (%4(+#$-(% (/ 4$+#(/,(% $%#/,90i,#+9 p"( *(p"#(*(/ %(8"#0#(/,92 o )$+#(/,(% +9/ $/,(+('(/,( '( 1#(:*( *("0i,#+$7 o )$+#(/,(% p"( '(%$**9--$/ 1#(:*( *("0i,#+$ $8"'$ 9 8-90(*"-9/(1*#,#% $8"'$ '"*$/,( -$ 1$*#/8#,#% (%,*(4,9+M+#+$7 o =90"/#'$'(% +(**$'$% 9 4$*+#$-0(/,( +(**$'$%7 o )*94$8$+#M/ '( D^R!A 0('#$/,( 0(+$/#%09% '( —4#/8m49/8— '(/,*9 '( "/$ 1$0#-#$7 J9% 4$+#(/,(% (/ p"#(/(%
+)$)$0 "@)"*&' '.3#' J$ 4#(- '(- +9/'"+,9 $"'#,#V9 +$*,#-$8#/9%9 +9/,#(/( 19-.+"-9% 4#-9%9%c 8-i/'"-$% %(:i+($%c N 8-i/'"-$% $49+*#/$% p"( +9/19*0$/ -$ "/#'$' $494#-9%(:$+($ p"( ,#(/( -$ 1"/+#M/ '( 4*9'"+#* +(*"0(/7 I- +(*"0(/ +9/%,#,"N( "/$ :$**(*$ 0(+i/#+$ 4$*$ #/%(+,9% N +"(*49% (;,*$r9%7 )9* %" +9049%#+#M/ 19*0$ ,$0:#U/ "/$ :$**(*$ p".0#+$ p"( 4*9,(8( -$ 4#(- '(- +9/'"+,9 $"'#,#V9 $ ,*$VU% '( +904"(%,9% +909 -#%9S#0$% N 0('#$/,( "/$ +$4$ $+#'$ p"( 8(/(*$ "/ $0:#(/,( #/3M%4#,9 4$*$ -9% 4$,M8(/9% f(%4(+#$-0(/,( 4$*$ 4%("'909/$ $(*"8#/9%$g7 I- +9/'"+,9 $"'#,#V9 (;,(*/9 (% >>a
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0"/$ +$V#'$' '( $",9-#04#(S$ (/ -$ p"( -$% +$4$% '( +(*"0(/ L7D./,90$% '( #/1-$0$+#M/ '(- +9/'"+,9 $"'#,#V92 o F,$-8#$ 0#8*$/ -$,(*$-0(/,( 3$%,$ (;,(*#9*#S$*%(7 %(V(*$ +9/ #**$'#$+#M/ ,U049*90$/'#:"-$* N +*$/(91$+#$-c 4"('( 9+"**#* ,$0:#U/ '9-9* $"*#+"-$* #/,(/%9 $ -$ 0i% -(V( I/,*( -9% 1$+,9*(% #/V9-"+*$'9% (/ -$ $4$*#+#M/ '( 9,#,#% 0$/#4"-$+#M/ '( -$ S9/$ 9 '"*$/,( -$ 0$%,#+$+#M/ o )*"*#,9 (;,(*/$ $8"'$ %( (/+"(/,*$/2 $-,(*$+#M/ '(- 4R i+#'9 '(M,#+9 o )-(/#,"' M,#+9 o ?9-9* 0$/'#:"-$* o ?#%0#/"+#M/ +9/'"+,9 $"'#,#V9 49* (;49%#+#M/ $- $8"$c -#04#(S$ $8*(%#V$c $"'#,#V$7 '(4M%#,9% '( k$:M/c 89,$% $-+$-#/$%c ,*$"0$ -9+$- +9/ "r$% 9 +9,9/(,(%c $",9-#04#(S$c #**#8$+#M/c $";#-#$*(% $"'#,#V9% N O7D#8/9% '( #/1-$0$+#M/ '(- +9/'"+,9 $"'#,#V92 o $"'.19/9%7 J9% *(%,9% '( 4#(- '( 4$,9-98.$% '(*0$,9-M8#+$% R#4(*%(/%#:#-#'$' '(- ,*$89c 4$:(--M/ $"*#+"-$* 9 $0:9% f%#8/9 $'N$+(/,(% $- 9.'9 4"('(/ ,$0:#U/ 4*94#+#$* #/1(++#M/7 )$*$ '(- ,*$89 49%#,#V9g o I*#,(0$ N ('(0$ '#1"%9 '(- +9/'"+,9 4*(V(/#* -$ 9,#,#% (;,(*/$ $8"'$c %( *(+90#(/'$ '"*$/,( ($"'#,#V9 o F,9**($ f4"('( 9 /9 (%,$* 4*(%(/,(g c (*#,(0$ '( $%(9 M,#+9 '#$*#92 o IV#,$* -$ 0$/#4"-$+#M/ '(- +9/'"+,9 0(0:*$/$ ,#04i/#+$c +(-"-#,#% '(- 4$:(--M/ $"*#+"-$* N 4#($"'#,#V9 (;,(*/9 +9/ +"$-p"#(* 9:k(,9 o IV#,$* (- "%9 '( $'N$+(/,( $%. +909 -#/1$'(/#,#% *(8#9/$-7 +9,9/(,(% o D(+$* %9-$0(/,( -$ +9/+3$ '(- 9.'9c 3$+(*-9 +9/ J$ 9,$-8#$ (% "/ %./,90$ 1*(+"(/,( (/ (- 4*#0(* /#V(- '( "/$ ,9$--$ '( 0$/(*$ 8(/,#- N %"4(*1#+#$- (V#,$/'9 (- +9/,$+,9 $,(/+#M/c +"$/'9 -$ (V$-"$+#M/ 9,9%+94#+$ '(- 4$+#(/,( +9/ 9 -$ 0$/#4"-$+#M/ '(- +9/'"+,9 $"'#,#V9 (;,(*/9 )$*$ -$% 9,$-8#$ (% /9*0$-c %( '(:( *($-#S$* '#$8/M%,#+9 '#1(*(/+#$- +9/ 4(*%9/$% p"( 4*$+,#+$/ -$ /$,$+#M/ %( *(+90#(/'$2 o 9,*$% +$"%$% '( 9,$-8#$ '#1(*(/,(% $ -$ 9,#,#% (;,(*/$ $8"'$7 IA+#'#1#+$* (- +9/'"+,9 $"'#,#V9 $/,(% N '(%4"U% '( /$'$* o '#$8/M%,#+9 '( 9,#,#% (;,(*/$ $8"'$ (% +-./#+9 N *(p"#(*( D(+$* (- +9/'"+,9 $"'#,#V9 +9/ %(+$'9*$ '( +$:(--9 o K,#-#S$* (;4-9*$+#M/ 9,9%+M4#+$c (/ +$%9 '( p"( -$ 9,9%+94#$ %($ ,$49/(% $"'#,#V9% '( %#-#+M/ :-$/'9 )$*$ -$% 4(*%9/$% p"( /9*0$- %( '(:(*i/ #/V(%,#8$* 9,*$% +$"%$% '( 9,$-8#$ +9092 o ",#-#S$/ '#%49%#,#V9% $"'#,#V9% f$";#-#$*(% $"'#,#V9%c ,$49/(% ?#%1"/+#M/ '( -$ $*,#+"-$+#M/ ,(049*90$/'#:"-$* o +9/,*$ *"#'9c $"*#+"-$*(%gc %( *(+90#(/'$ *($-#S$* -#04#(S$ N A-,(*$+#9/(% '(/,$-(% +909 ,(*+(*9% 09-$*(% #04$+,$'9% o V(/,#-$+#M/ '#$*#$ '(- '#%49%#,#V9 N p"( (- "%9 %($ Q$*#/8#,#% 9 A0#8'$-#,#% o A*,*#,#% '( -$ +9-"0/$ +(*V#+$- o (%,*#+,$0(/,( 4(*%9/$-7 )$*$ p"#U/ 4*$+,#+$ -$ /$,$+#M/ (% ?9-9* /("*94i,#+9 o ?#%1"/+#M/ '( -$ ,*904$ '( I"%,$p"#97 *(+90(/'$:-( $4-#+$* T 89,$% '( V#/$8*( :-$/+9 '( "%9 +90(%,#:-( fi+#'9 $+U,#+9g $/,(% '( /$'$* N T 89,$% '(%4"U%7
EHAEA<@IBEF ?@A!BCDE@=F J$ 3#4(*(%,(%#$ -9+9m*(8#9/$- f+9/'"+,9 $"'#,#V9 (;,(*/9 N 4$:(--M/ $"*#+"-$*g p"( +9/'#+#9/$ -$ 9,#,#% (;,(*/$ $8"'$ (% (- *(%"-,$'9 '( -$ #/1-$0$+#M/ (4#'U*0#+$c (/ "/ ,(**#,9*#9 +9/ (%+$%9 ,(k#'9 %":+",i/(9 N +9/ $"%(/+#$ '( 8-i/'"-$% %(:i+($% N $49+*#/$%c %9:*( ,9'9 (/ -9% '9% ,(*+#9% #/,(*/9% '(- +9/'"+,9 $"'#,#V97 )$*$ p"( (%,9 9+"**$ %( 4*(+#%$ p"( "/ 0(+$/#%09 '(%(/+$'(/$/,( '(,(*#9*( -$ +$4$+#'$' '(1(/%#V$ '(- +9/'"+,97 J$ 9,9%+94#$ 4*949*+#9/$ "/$ #0$8(/ $-,$0(/,( %"8(%,#V$ '( -$ (/1(*0('$' $- (V#'(/+#$* "/ (/,9*/9 #/1-$0$,9*#9 $8"'9 p"( (;4-#+$ -$ %(/%$+#M/ '( 3#49$+"%#$c ,$49/$0#(/,9 N 4-(/#,"' '( 9.'97 J$ 4*(%(/+#$ '( %(+*(+#M/ 9 '(%+$0$+#M/ /9 (% ,$/ 1*(+"(/,(7 )$*$ +9/%#'(*$* (- '#$8/M%,#+9 '( 9,#,#% (;,(*/$ $8"'$ %( *(p"#(*( '( "/ #/#+#9 *i4#'9 '( %#8/9% N %./,90$% '( #/1-$0$+#M/ '(- +$/$- $"'#,#V97 =9/%#'(*$* (- '#$8/M%,#+9 '( 9,#,#% (;,(*/$ $8"'$ $/,( -9% %#8"#(/,(% '$,9%2 >7@/#+#9 *i4#'9 '( -$ %#/,90$,9-98.$f8(/(*$-0(/,( 0(/9% '( Pa 39*$%g7
I/ (- ,*$,$0#(/,9 '( $,(/+#M/ 4*#0$*#$ '( -$ 9,#,#% $8"'$ (;,(*/$c -$% 89,$% M,#+$% p"( +90:#/$/ (%,(*9#'( 9 $/,#:#M,#+9 +9/ i+#'9 $+U,#+9c %9/ 0i% (1(+,#V$% p"( -$% p"( ,#(/(/ X/#+$0(/,( i+#'9 $+U,#+9 f,#(049 '( *(+"4(*$+#M/ >P V% L> '.$% *(%4(+,#V$0(/,(g7 J9% (%,(*9#'(% +90:#/$'9% +9/ i+#'9 $+U,#+9 9 -$ +90:#/$+#M/ '( (%,(*9#'(% +9/ $/,#:#M,#+9% %9/ #8"$-0(/,( (1(+,#V9%7 D( 3$ %(r$-$'9 p"( (/ (- ,*$,$0#(/,9 ,M4#+9 '( -$ 9,#,#% (;,(*/$ $8"'$c (- i+#'9 $+U,#+9 M,#+9 %M-9 (% %#8/#1#+$,#V$0(/,( 0(/9% (1(+,#V9 p"( -$ +90:#/$+#M/ '( $/,#:#M,#+9m(%,(*9#'( 4$*$ *('"+#* (- ,#(049 '( *(+"4(*$+#M/c #/+*(0(/,$* (- 49*+(/,$k( '( +"*$+#M/ N *('"+#* -$ *(+"**(/+#$ (/,*( L> N Pa '.$% f,#(049 4*90('#9 '( *(+"4(*$+#M/ a7\ '.$% +9/ i+#'9 $+U,#+9 V% Y '.$% +9/ 89,$% +90:#/$'$% '( $/,#:#M,#+9 N i+#'9 $+U,#+9c /9 %( *(49*,M V$-9* '( 4w +"*$+#M/ P\5YT tYLqu +9/ i+#'9 $+U,#+9 V% YO5ZO taYqu +9/ +90:#/$+#M/ $/,#:#M,#+9m(%,(*9#'(w 9 t$/,#:#M,#+9m(%,(*9#'( V% i+#'9 $+U,#+9u O7[c [Tq =@ >7Z $ [7>w *(+"**(/+#$ 2 L>5PZ tPTqu +9/ i+#'9 $+U,#+9 V% >P5Ya tL>qu +9/ +90:#/$+#M/ $/,#:#M,#+9m(%,(*9#'(w 9 t$/,#:#M,#+9(%,(*9#'( ]% i+#'9 $+U,#+9u \7Pc [Tq =@ \7L $ >7\g7 >>[
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0'( /(90#+#/$ N 49-#0#;#/$ ^ +":*( (- (%4(+,*9 '( -9% D( 3$ '(09%,*$'9 p"( (- ,*$,$0#(/,9 +9/ 89,$% M,#+$% p"( +9/,#(/(/ /(90#+#/$m'(;$0(,$%9/$mi+#'9 $+U,#+9 %9/ 0i% 4$,M8(/9% +$"%$/,(% N -$ 3#'*9+9*,#%9/$ 4"('( *('"+#* -$ (1(+,#V$% 4$*$ 0(k9*$* -9% %#8/9% N %./,90$% '( -$ 9,#,#% #/1-$0$+#M/ N (- ('(0$ '(- +$/$- $"'#,#V9 N $N"'$* $ *(%9-V(* (;,(*/$ $8"'$ %(V(*$ N '#1"%$ p"( $p"(--$% p"( +9/,#(/(/ -9% %./,90$% 0i% *i4#'$0(/,(7 1*$0#+(,#/$m8*$0#+#'#/$m'(;$0(,$%9/$7 B9 (;#%,(/ '$,9% K/ (/%$N9 +9/,*9-$'9 $-($,9*#S$'9 p"( (V$-"M -$ ,9-(*$/+#$ N *(%4(+,9 $ -$ (1#+$+#$ '( ,(*$4#$% +904-(0(/,$*#$% 4$*$ -$ (1#+$+#$ '(- $/,#%U4,#+9 Bm+-9*9,$"*#/$ (/ +904$*$+#M/ +9/ (9,#,#% (;,(*/$ $8"'$7 I- $-+939- #%94*94.-#+9 N (- i+#'9 $+U,#+9 ,*$,$0#(/,9 (%,i/'$* '( /(90#+#/$c 49-#0#;/$m: ( $- Tq fV#/$8*( :-$/+9g (/ 4$*,(% #8"$-(% +9/ $-+9393#'*9+9*,#%9/$ 09%,*M p"( (/ $0:9% 8*"49% (- ,*$,$0#(/,9 #%94*94.-#+9 9 $8"$c %9/ +9/9+#'9% x*(0('#9% +$%(*9%y 4(*9 1"( %$,#%1$+,9*#9 N -$ #/1-$0$+#M/ '#%0#/"NM 8*$'"$-0(/,(c /"/+$ 3$/ %#'9 19*0$-0(/,( (V$-"$'9% (/ (/%$N9% +-./#+9%7 4(*9 (/ (- 8*"49 ,*$,$'9 +9/ B+-9*9,$"*#/$ -$ '#%0#/"+#M/ 1"( )$*$ (- ,*$,$0#(/,9 '( -$ 9,#,#% (;,(*/$ $8"'$ %( *(+90#(/'$ %#8/#1#+$,#V$0(/,( 0i% *i4#'$ p"( (/ (- +9/,*9- tT7Y ~ >7Y V% (- "%9 '( 89,$% M,#+$% p"( +9/,(/8$/ i+#'9 $+U,#+9 (/ Z7P ~ >7Y '.$% *(%4(+,#V$0(/,( f4 z \7\\>gu7 +90:#/$+#M/ +9/ (%,(*9#'( N $/,#:#M,#+9 ,M4#+97 D# /9 %( +"(/,$ +9/ 4*(4$*$'9% M,#+9% p"( +9/,(/8$/ i+#'9 $+U,#+9c %( *(+90#(/'$ $4-#+$* '( T $ >\ 89,$% '( V#/$8*( :-$/+9 '( "%9 +90(%,#:-( fi+#'9 $+U,#+9g (/ (- +9/'"+,9 $"'#,#V9 (;,(*/9c +$'$ a 39*$% '"*$/,( Z '.$%7 I- V#/$8*( :-$/+9 %#(04*( '(:(*i $'0#/#%,*$*%( '( 0$/(*$ +9/+90#,$/,( +9/ (- ,*$,$0#(/,9 $/,#0#+*9:#$/9 M,#+97 <#(/,*$% %( *(+#:$ (- ,*$,$0#(/,9 ,M4#+9c --(V$* $ +$:9 -$% %#8"#(/,(% 0('#'$% 8(/(*$-(%2 >7 F+-"#* (- 9.'9 +9/ $-89'M/ N 4(,*9-$,9 '"*$/,( (- :$r9 4$*$ '#%0#/"#* -$ (/,*$'$ '( $8"$ L7 H(,#*$* -$ 9+-"%#M/ '(%4"U% '(- :$r9 N 0$/,(/(* (- 9.'9 V(/,#-$'9 O7 <#/#0#S$* -$ 0$/#4"-$+#M/ '(- 9.'9 $1(+,$'9 P7 A:%,(/(*%( '( ",#-#S$* '#%49%#,#V9% $"*#+"-$*(%c *($-#S$* '(49*,(% $+"i,#+9% ( #/0(*%#9/(% 4*91"/'$% 9 4*9-9/8$'$%7
EHAEA<@IBEF QAH
J9% $8(/,(% (,#9-M8#+9% 0i% 1*(+"(/,(% (/ $0:9% 8*"49% 1"(*9/ )%("'909/$% $(*"8#/9%$ fTaqg N D,$43N-9+9++"% $"*("% f>aqg7 D( +9/+-"NM p"( -$ Bm+-9*9,$"*#/$ M,#+9 (% :#(/ ,9-(*$'$ N 0i% (1(+,#V$ p"( -$ +90:#/$+#M/ '( /(90#+#/$c 49-#0#;/$m: ( 3#'*9+9*,#%9/$7 I/ "/ (%,"'#9c YO\ 4$+#(/,(% +9/ 9,#,#% (;,(*/$ $8"'$ 1"(*9/ $-($,9*#S$'9% 4$*$ *(+#:#* ,*$,$0#(/,9 M,#+9 ,M4#+9 +9/ +#*491-9;$+#/$ L V(+(% $- '.$ f/ƒ O>ag 9 49-#0#;#/$ ^m/(90#+#/$m3#'*9+9*,#%9/$ O V(+(% $- '.$ f/ƒO>Lg7 D( 9:%(*VM 0(k9*.$ +-./#+$ (/ (- aY7Yq '( -9% 4$+#(/,(% ,*$,$'9% +9/ +#4*91-9;$+#/9 N (/ (- a>7>q '( -9% p"( *(+#:#(*9/ 49-#0#;/$ ^m/(90#+#/$m3#'*9+9*,#%9/$7 D( +9/+-"NM p"( -$ %9-"+#M/ M,#+$ '( +#4*91-9;$+#-#/$ /9 1"( #/1(*#9* $ -$ '( /(90#+#/$m49-#0#;#/$m3#'*9+9*,#%9/$7 K/$ *(V#%#M/ %#%,(0i,#+$ N 0(,$ $/i-#%#% '( >a (/%$N9% +9/,*9-$'9% $-($,9*#S$'9% *($-#S$'9% %9:*( (- ,*$,$0#(/,9 $/,#:#M,#+9 '( -$ 9,#,#% (;,(*/$ $8"'$c (/+9/,*M p"(c (- "%9 '( +"$-p"#(* $/,#:#M,#+9 ,M4#+9 #/+*(0(/,M %#8/#1#+$,#V$0(/,( (49*+(/,$k( '( +"*$+#M/ 49* (/+#0$ '(- 4-$+(:9c 4(*9 (%,"'#9% +904$*$,#V9% (/,*( -9% ,#49% '( $/,#:#M,#+9%c 09%,*$*9/ %9-9 '#1(*(/+#$% 0(/9*(% p"( /9 1"(*9/ (%,$'.%,#+$0(/,( %#8/#1#+$,#V$%7 =909 ,*$,$0#(/,9 '( (-(++#M/ 4$*$ -$ 9,#,#% (;,(*/$ $8"'$ %( *(+90#(/'$ #/'#+$* 89,$% M,#+$% p"( +9/,(/8$/ "/$ +90:#/$+#M/ '( /(90#+#/$m49-#0#;#/$ ^1-"9+#/9-9/$7 A4-#+$* T 89,$% (/ (- 9.'9 $1(+,$'9 +$'$ a 39*$% '"*$/,( Z '.$%7 K/ (%,"'#9 p"( +904$*M (- ,*$,$0#(/,9 ,M4#+9 '( 9,#,#% (;,(*/$ $8"'$ +9/ (%,(*9#'( %9-9 f19%1$,9 %M'#+9 '( :(,$0(,$%9/$ \7>qg V% (%,(*9#'(m$/,#:#M,#+9 f19%1$,9 %M'#+9 '( :(,$0(,$%9/$ \7>q +9/ %"-1$,9 '( /(90#+#/$ \7Tqg %(r$-M p"(2 ,9'9% -9% 4$+#(/,(% '(- 8*"49 ,*$,$'9 +9/ :(,$0(,$%9/$m/(90#+#/$ 09%,*$*9/ 0(k9*.$ '( -9% %./,90$%c (/ +$0:#9c (/ (- 8*"49 p"( *(+#:#M (;+-"%#V$0(/,( :(,$0(,$%9/$ T 4$+#(/,(% (04(9*$*9/ f4ƒ\7\Tg7 D( +9/+-"NM p"( -$ +90:#/$+#M/ '( (%,(*9#'($/,#:#M,#+9 (% %"4(*#9* $- (%,(*9#'( %9-9 4$*$ (+9/,*9- %#/,90i,#+9 '( -9% 4$+#(/,(% +9/ 9,#,#% (;,(*/$ $8"'$7 >L\
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0*($-#S$'9 (/ L\Y 4$+#(/,(% +9/ 9,#,#% (;,(*/$ $8"'$ 09%,*M B9 %( *(+90#(/'$ -$ $4-#+$+#M/ (;+-"%#V$ '( (%,(*9#'( M,#+9 ,M4#+9 4$*$ (- ,*$,$0#(/,9 '( -$ 9,#,#% (;,(*/$ $8"'$c %#(04*( p"( (- ,*$,$0#(/,9 +9/ +#4*91-9;$+#/$ ( 3#'*9+9*,#%9/$ '(:( $'0#/#%,*$*%( (/ +90:#/$+#M/ +9/ $/,#:#M,#+9% ,M4#+9% ,M4#+9% (% +-./#+$0(/,( (p"#V$-(/,( $- ,*$,$0#(/,9 '( M,#+9%7 J9% $/,#%U4,#+9% 9 $/,#:#M,#+9% M,#+9% ,M4#+9% /(90#+#/$49-#0#;#/$m 3#'*9+9*,#%9/$ 0i% $09;#+#-#/$ 9*$9,9,M;#+9% '(:(/ ",#-#S$*%( %9-$0(/,( +"$/'9 -$ 0(0:*$/$ f*(%4"(%,$ $- ,*$,$0#(/,9 '( [T7Z>q V% a[7aOq ,#04i/#+$ (%,$ #/,(8*$7 I/ +$%9 '( 4(*19*$+#M/ '( -$ *(%4(+,#V$0(/,(g7 B9 %( *(+90#(/'$ (- "%9 '( $/,#:#M,#+9% 0(0:*$/$ ,#04i/#+$ /9 #/'#+$* 89,$% M,#+$% '( /(90#+#/$m %#%,U0#+9% +909 0$/(k9 #/#+#$- '( -$ 9,#,#% (;,(*/$ $8"'$7 J9% 49-#0#;#/$ ^1-"9+#/9-9/$7 I- $-#V#9 '(- '9-9* (% "/ 9:k(,#V9 $/,#:#M,#+9% %#%,U0#+9% (%,i/ *(%(*V$'9% 4$*$ -9% %#8"#(/,(% 4*#09*'#$- (/ (- ,*$,$0#(/,9 #/,(8*$- '( -$ 9,#,#% (;,(*/$ +$%9% fp"( '(:(*i/ %(* (V$-"$'9% N ,*$,$'9% 49* ($8"'$ N$ p"( +9/ 1*(+"(/+#$ (% %(V(*9 ( #/,(*1#(*( +9/ -$% 9,9**#/9-$*#/8M-989g2 o Q$--$ $- ,*$,$0#(/,9 ,M4#+9 o =(-"-#,#% $+,#V#'$'(% '#$*#$% 9 -$:9*$-(% '(- 4$+#(/,(7 p"( #/+-"N$ (- 4$:(--M/ $"*#+"-$* o )(*19*$+#M/ ,#04i/#+$7 ?(4(/'#(/'9 '( -$ %(V(*#'$' '(- '9-9*c 4$*$ (- ,*$,$0#(/,9 '( -$ 9,#,#% (;,(*/$ $8"'$c %( 4"('( *(p"(*#* '(%'( $/,# #/1-$0$,9*#9% /9 (%,(*9#'(9% 3$%,$ $/$-8U%#+9% /$*+M,#+9%7 >7 D# (- '9-9* (% '( -(V( $ 09'(*$'9 %( *(+90#(/'$2 $+(,$0#/91(/ T\\ 08 ]F +$'$ a 39*$% (/ +90:#/$+#M/ +9/ /$4*9;(/ LT\ 08 ]F +$'$ >L 39*$% '"*$/,( ZL3%7 L7 D# ('9-9* (% %(V(*9 %( %"8#(*(2 '(;,*94*949;#1(/9 YT 08 ]F +$'$ am>L 39*$% '"*$/,( -$% 4*#0(*$% LP 39*$% '( ,*$,$0#(/,9 N $'0#/#%,*$*-9 '"*$/,( "/ 0i;#09 '( Pa 39*$% B9 3$N (/%$N9% +-./#+9% p"( '(0"(%,*(/ p"( -$ $/$-8(%#$ ,M4#+$ %($ (1#+$S 4$*$ (- 0$/(k9 '( -$ 9,#,#% (;,(*/$ $8"'$7 J9% $/$-8U%#+9 ,M4#+9% 4"('(/ #/+-"%9 (/0$%+$*$* (- +"$'*9 +-./#+9 N -$ :(/S9+$#/$ %( 3$ $%9+#$'9 +9/ '(*0$,#,#% '( +9/,$+,9 +909 +904-#+$+#M/7 B9 %( *(+90#(/'$ (- "%9 '( $/$-8(%#$ ,M4#+$ M,#+$7 I- $*8"0(/,9 0i% +904-(,9 (/ +9/,*$ '(- "%9 '( $/,#0#+*9:#$/9% 9*$-(% +909 4$*,( '(- 0$/(k9 '( -$ 9,#,#% (;,(*/$ $8"'$ (% -$ (1#+$+#$ +904*9:$'$ '(,*$,$0#(/,9 +9/ $/,#:#M,#+9% ,M4#+9% p"( /9 #/+-"N(/ $/,#:#M,#+9% %#%,U0#+9%7 B9 3$N (/%$N9% +9/,*9-$'9% $-($,9*#S$'9% p"( +904$*(/ '#*(+,$0(/,( (- ,*$,$0#(/,9 $/,#:#M,#+9 9*$- +9/ -$ ,(*$4#$ ,M4#+$ M,#+$7 H(V#%#9/(% '( '$,9% 0"(%,*$/ p"( +(*+$ '(- L\ $- P\q '( -9% %"k(,9% +9/ 9,#,#% (;,(*/$ $8"'$ *(+#:(/ 1*(+"(/,(0(/,( $/,#:#M,#+9% 9*$-(% (/ $'#+#M/ $ -9% $/,#:#M,#+9% ,M4#+9%7 D#/ (0:$*89c 0"+39% '( -9% $/,#:#M,#+9% 9*$-(% %(-(++#9/$'9% %9/ #/$+,#V9% +9/,*$ )7 $(*"8#/9%$ N D7 $"*("%c p"( %9/ -9% 4$,M8(/9% #'(/,#1#+$'9% 0i% +90X/0(/,( (/ -9% +$%9% '( 9,#,#% (;,(*/$ $8"'$7 )9* 9,*$ 4$*,(c (- ,*$,$0#(/,9 +9/ 4(/#+#-#/$%c 0$+*9-#'9% 9 +(1$-9%49*#/$% #/+*(0(/,$ -$ 4(*%#%,(/+#$ '( -$ (/1(*0('$' fHH >7TY $ >7[>g N (- 0$/(k9 +9/ +(1$-9%49*#/$% ,$0:#U/ $"0(/,$ -$ *(+"**(/+#$ fHHc >7Law [Tq =@c >7\O $ >7Tag7 I/ (,*$,$0#(/,9 '( -$ 9,#,#% (;,(*/$ $8"'$c -9% $/,#:#M,#+9% M,#+9% ,M4#+9% 4"('(/ $-+$/S$* "/$ +9/+(/,*$+#M/ ,#%"-$* -9+$- 3$%,$ >\\\ V(+(% 0i% $-,$ p"( -$ p"( %( 9:,(/'*.$ +9/ %" $'0#/#%,*$+#M/ %#%,U0#+$c $'(0i% +9/ (- ,*$,$0#(/,9 ,M4#+9 %( ,#(/( 49+$ #/+#'(/+#$ '( *(%#%,(/+#$ %#%,U0#+$ $%. +909 '( (1(+,9% +9-$,(*$-(%7 K/ (/%$N9 +9/,*9-$'9 $-($,9*#S$'9
]@!@JAB=@A G DI!K@<@IBEF >7 @/'#+$* $- 4$+#(/,( p"( $+"'$ $ "*8(/+#$% %# 4*(%(/,$ +"$-p"#(*$ '( -9% %#8"#(/,(% '$,9% '( $-$*0$2 o @/+*(0(/,9 '(- '9-9* 9 $"%(/+#$ '( 0(k9*.$ '(%4"U% '( PamZL 39*$% '( ,*$,$0#(/,9 o I*#,(0$ N ('(0$ +9/ +(-"-#,#% '(- 4$:(--M/ $"*#+"-$* o A"0(/,9 '( -$ 3#49$+"%#$ 9 '( -$ 4-(/#,"' M,#+9 o Q#(:*(7 L7 =#,$* $ -$ +9/%"-,$ (;,(*/$ '( 0('#+#/$ 1$0#-#$* >\ '.$% '(%4"U% '( #/#+#$'9 (- ,*$,$0#(/,97 D# 3":9 0(k9*.$ '(4$'(+#0#(/,9 (- 4$+#(/,( 4"('( '$*%( '( $-,$c %# /9 0(k9*M '(:(*i *(1(*#*%( $- %(*V#+#9 '( 9,9**#/9-$*#/89-98.$ '( %(8"/'9 /#V(- '( $,(/+#M/7
=H@EIH@FD ?I HIQIHIB=@A I- $+"0"-9 '( '(,*#,"% (4#,(-#$-(% N %(+*(+#9/(% (/ (+9/'"+,9 $"'#,#V9 (;,(*/9 '#%0#/"N( -$ $:%9*+#M/ '( 0('#+$0(/,9% M,#+9% ,M4#+9%7 R$N (%+$%(S '( (/%$N9% '( $-,$ +$-#'$' p"( (V$-X(/ -$% #/,(*V(/+#9/(% 4$*$ -$ 9,#,#% (;,(*/$ $8"'$7 J9% *(%"-,$'9% '( (%,$ *(V#%#M/ %#%,(0i,#+$ (/ 8*$/ 4$*,( %( :$%$/ (/ 9''% *$,#9% +$-+"-$'9% (/ (/%$N9% #/'#V#'"$-(%c -$ 0$N9*.$ '( -9% +"$-(% ,#(/(/ #/,(*V$-9% '( +9/1#$/S$ '( -9% [Tq 0"N $04-#9% '(:#'9 $- ,$0$r9 4(p"(r9 $ 09'(%,9 '( -$ 0"(%,*$7 J9% *(%"-,$'9% /9 4"('(/ %(* +904-(,$0(/,( 8(/(*$-#S$:-(% $ -$ $,(/+#M/ 4*#0$*#$ 49* "/$ %(*#( '( *$S9/(%w %M-9 '9% '( -9% >[ (/%$N9% #/+-"#'9% (/ -$ *(V#%#M/ %( *($-#S$*9/ (/ "/$ 49:-$+#M/ (/ (- +9/,(;,9 '( -$ $,(/+#M/ 4*#0$*#$c N (/ >> '( -9% >[ (/%$N9% -$ -#04#(S$ '( -9% 9.'9% 19*0M 4$*,( '(- ,*$,$0#(/,9 f"/$ #/,(*V(/+#M/ p"( (% #04*9:$:-( p"( %( (/+"(/,*( (/ -$ $,(/+#M/ 4*#0$*#$g7 J9% 4$+#(/,(% p"( 4*(%(/,$/ (/1(*0('$' '(- 9.'9 0('#9 f0(0:*$/$ ,#04i/#+$ 4(*19*$'$ 9 ,":9% '( V(/,#-$+#M/g 4"('(/ '(%$**9--$* 9,#,#% $8"'$ (;,(*/$ +909 +9/%(+"(/+#$ >L>
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0'(- #/8*(%9 '( -$% %(+*(+#9/(% '(- 9.'9 0('#9 $- +9/'"+,9 $"'#,#V9 (;,(*/97 I%,"'#9% 9:%(*V$+#9/$-(% $+(*+$ '( -$ *(%4"(%,$ $,*$,$0#(/,9 ,M4#+9 (V$-"$*9/ '#$*#$0(/,( -9% %./,90$% N (/+9/,*$*9/ p"( 3$:.$ "/$ '#%0#/"+#M/ %#8/#1#+$,#V$ '(- '9-9* M,#+9 '(%4"U% '(- 4*#0(* '.$ '( ,*$,$0#(/,9 N (/ -$ 0$N9*.$ '( -9% +$%9% '(%$4$*(+.$ '(%4"U% '( P $ Z '.$%7 D( *(+90#(/'$ *(1(*#* $- 9,9**#/9-$*#/8M-989 '( %(8"/'9 /#V(- '( $,(/+#M/ $ -9% 4$+#(/,(% p"( 4*(%(/,(/2 o F,#,#% (;,(*/$ $8"'$ +9/ '(,*#,"% +(-"-$*(%c ,$4M/ '( +(*"0(/c +"(*49 (;,*$r9c " 9,9**($ p"( 9+$%#9/(/ 9:%,*"++#M/ '(- +9/'"+,9 $"'#,#V9 ( #04#'$/ V#%"$-#S$* -$ 0(0:*$/$ ,#04i/#+$ o )(*19*$+#M/ '( -$ 0(0:*$/$ ,#04i/#+$ o ?9-9* #/,(/%9 p"( /9 0(k9*( +9/ (- ,*$,$0#(/,9 0U'#+9 '(%4"U% '( PamZL3% D( *(+90#(/'$ *(1(*(/+#$ $- %(*V#+#9 '( 9,9**#/9-$*#/89-98.$ '(%(8"/'9 /#V(- (/ -9% %#8"#(/,(% +$%9%2 o =(-"-#,#% 4(*#$"*#+"-$* o Q$--$ $- ,*$,$0#(/,9 ,M4#+97
@B=A)A=@?A? I/ 4$+#(/,(% +9/ 9,#,#% (;,(*/$ $8"'$ (% 49+9 1*(+"(/,( p"( %( *(p"#(*$ #/+$4$+#'$'c (/ +$%9 /(+(%$*#9 %( %"8#(*( "/ 4(*#9'9 '( > $ O '.$%7 F1*(+(* #/+$4$+#'$' -$:9*$- 49* L '.$% $ -9% 4$+#(/,(% p"( 4*(%(/,$/ '9-9* %(V(*97 D( *(+90#(/'$ 9,9*8$* #/+$4$+#'$' '"*$/,( >\ '.$% (/ +$%9 '( p"( -$ $+,#V#'$' -$:9*$- %($ $+"i,#+$ 9 '( #/0(*%#M/7
%"4'2"' )"&0$+&'2 1 !$.*'C' "& "2 '#32)+ J9% 3i:#,9% '( %"(r9 f(;+(%9 9 0"N 49+$% 39*$% '( %"(r9g 4"('(/ ,(/(* *(-$+#M/ +9/ -$ 4*(%(/,$+#M/ '( $,$p"(% '(
>LL
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,00#8*$r$ F*#(/,$+#M/ $- 4$+#(/,( N 1$0#-#$ %9:*( 4(*#9'9 '( %"8#(*(/ (%,$% 4*(8"/,$% $'#+#9/$-(%2 o )$,*M/ '( ,#(049 '( %"(r9 *(4$*$'9* '( Y } a 39*$%7 -9% $,$p"(% 9 %# %9/ 4(*#m0(/%,*"$-(% 9 4(*#9V"-$,9*#9% o A4$*#+#M/ 8*$'"$- '(%4"U% '( "/ (%1"(*S9 %9%,(/#'9 o J9% 1$+,9*(% $0:#(/,$-(% f*(+*($+#M/ N 9+"4$+#M/g 4"('(/ ?(%$4$*#+#M/ +9/ (- %"(r9 o )*(%(/+#$ '( %./,90$% ,(/(* *(-$+#M/ +9/ -$ 4*(%(/,$+#M/ '( -9% $,$p"(% '( 0#8*$r$c 4*9'*M0#+9% (%,(*(9,#4$'9% ,$-(% +909 #**#,$:#-#'$' 9 ,$-(% +909 (%,.0"-9% 1*(+"(/,(% ( #/,(/%9% '( ,#492 o V$*#$+#9/(% (/ (- (%,$'9 '( i/#09 3#4(*$+,#V#'$'c #/+$4$+#'$' J"0#/9%9 o A"'#,#V97 4$*$ 4(/%$* 9 +9/+(/,*$*%(c $/,9k9% '( +90#'$ ( 3#4(*9%0#$ o R#%,9*#$ 1$0#-#$* '( 0#8*$r$ o ?(%(/+$'(/$0#(/,9 49* I-#0#/$+#M/ '( (%,.0"-9% -"0#/9%9% N $"'#,#V9% f'#%0#/"+#M/ $-#0(/,9%c 9-9*(%c +$0:#9% '( +-#0$ 9 (%,*U% o )*(%(/,$+#M/ '(- ,#(049 '( (;49%#+#M/ (/ 4$/,$--$% N %9/#'9% 1"(*,(%g7 (/ (,$4$ '( *(-$k$+#M/ '(%4"U% '( "/ /#V(- $-,9 '( $+,#V#'$' 1.%#+$ 9 (%,*U% o A-#V#9 +9/ #/8(%,$ '( A@BID 9 (*89,$0./#+9% o D( 3$/ #'(/,#1#+$'9 $-#0(/,9% p"( %9/ 1$+,9*(% '( *#(%89 4$*$ )*(%(/+#$ '( 3#4(*,(/%#M/c #/1(++#M/ 9 (/'9+*#/94$,.$ I;#%,(/ -$ 4*(%(/,$+#M/ '( $,$p"(% '( 0#8*$r$2 o ?#(,$ +9/ 8*$%$% +$*$+,(*.%,#+$% p"( '(:(/ 09,#V$* -$ #/V(%,#8$+#M/ '( +$"%$% #/%$,"*$'$% o W"(%9%c (0:",#'9% N (/-$,$'9% o =.,*#+9% o ]#/9 %":N$+(/,(% 0i% %(*#$%7 ,#/,9 o =$1(./$ N +39+9-$,( ?#%0#/"#* 9 (-#0#/$* (- +9/%"09 '( 8*$%$% #/%$,"*$'$%c p"(%9% N +.,*#+9%7 A"0(/,$* (+9/%"09 '( $-#0(/,9% *#+9% (/ 1#:*$%c #'(/,#1#+$* (- $-#0(/,9 p"( 4*9'"+( +"$'*9 $8"'9 '( 0#8*$r$7 D( 3$ #'(/,#1#+$'9 p"( (- +9/%"09 '( $-+939- N ,$:$+9 *(4*(%(/,$ "/ 1$+,9* '( *#(%89 4$*$ -$ 4*(%(/,$+#M/ '( -9% $,$p"(% '( 0#8*$r$7 ?#%0#/"#* 9 (-#0#/$* (- +9/%"09 '( :(:#'$% $-+93M-#+$% N ,$:$+97 D( 3$ #'(/,#1#+$'9 p"( (- (%,*U% 9 (%,$'9 '( $/%#('$' *(4*(%(/,$/ 1$+,9*(% '( *#(%89 4$*$ -$ 4*(%(/,$+#M/ '( -9% $,$p"(% '( 0#8*$r$7 <$/(k9 '( (%,*U% N $/%#('$' $ ,*$VU% '( ,(*$4#$% '( *(-$k$+#M/ N +9/%(k9% 49%,"*$-(% $%. +909 ,(*$4#$ +98/#,#V$ f4$*$ 4*9:-(0$% '( $'$4,$+#M/g7 J9% +$0:#9% 39*09/$-(% (/ 4(*#0(/94$"%#$c 4(*#m9V"-$,9*#9% N 4(*#0(/%,*"$-(% %( 3$/ *(-$+#9/$'9 +9/ -9% $,$p"(% '( 0#8*$r$7 ]$-9*$* '$* ,(*$4#$ 39*09/$- '( *((04-$S9 (/ +$%9% /(+(%$*#9%7
?@A!BCDE@=F I;#%,(/ +*#,(*#9% 4$*$ *($-#S$* (- '#$8/M%,#+9 '( 0#8*$r$ %#/ $"*$ $ ,*$VU% '( -$ 3#%,9*#$ +-./#+$ H($-#S$* 3#%,9*#$ +-./#+$ +904-(,$ N %# 4*(%(/,$ $- 0(/9% T $,$p"(% p"( +"04-$/ -9% %#8"#(/,(% +*#,(*#9%2 >7m =$'$ $,$p"( %#/ ,*$,$* '"*$ '( P $ ZL 3*%7 L7m I- $,$p"( ,#(/( $- 0(/9% '9% '( -$% %#8"#(/,(% +$*$+,(*.%,#+$%2 o K/#-$,(*$- o )"-%i,#- o <9'(*$'9 $ %(V(*9 o D( $8*$V$ +9/ -$ $+,#V#'$' 1.%#+$ O7m ?"*$/,( (- $,$p"( 3$N "/9 '( -9% %#8"#(/,(% %./,90$%2 o Bi"%($ 9 VM0#,9 o Q9,919:#$c 19/919:#$ N 9%0919:#$7 I;#%,(/ +*#,(*#9% 4$*$ *($-#S$* (- '#$8/M%,#+9 '( 0#8*$r$ +9/ $"*$ $ ,*$VU% '( -$ 3#%,9*#$ +-./#+$ H($-#S$* 3#%,9*#$ +-./#+$ +904-(,$ N -9% +*#,(*#9% '#$8/M%,#+9% %9/ -9% 0#%09% p"( 4$*$ -$ 0#8*$r$ %#/ $"*$ 4(*9 #/+-"N(/ %./,90$% '( '#%1"/+#M/ /("*9-M8#+$ f+909 4*9:-(0$% V#%"$-(%g '"*$/,( (- $,$p"(7 D(
H($-#S$* 3#%,9*#$ +-./#+$ +904-(,$ ( #/V(%,#8$+#M/ '( +*#,(*#9% '#$8/M%,#+9% N +$"%$% %":N$+(/,(% 0i% %(*#$%c ,$-(% +9092 o I4*#0(* 9 4(9* $,$p"( (/ -$ V#'$ '(- 4$+#(/,(c 4$*,#+"-$*0(/,( '( #/#+#9 *i4#'9 o =$0:#9 (/ -$% +$*$+,(*.%,#+$% +-./#+$% o @/#+#9 (/ -$ ('$' 0('#$ 9 ,$*'.$ o J$ 4*(%(/+#$ '( %./,90$% %#%,U0#+9% +909 0#$-8#$%c 1#(:*( 4U*'#'$ '( 4(%9c %(/%#:#-#'$' (/ (- +"(*9 +$:(--"'9 N 0$/'#:"-$* o D./,90$% /("*9-M8#+9% 19+$-(%c +9/1"%#M/c $-,(*$+#9/(% '(- (%,$'9 '( $-(*,$c +9/V"-%#9/(%c %#8/9% '( #**#,$+#M/ 0(/./8($ o A/9*0$-#'$'(% (/ (- 19/'9 '( 9k9 ,$-(% +909 4$4#-('(0$ I;#%,(/ '$,9% (/ ((;$0(/ 1.%#+9 (/ -$ 4*#0(*$ +9/%"-,$ p"( $N"'$/ $ #/,(8*$* ('#$8/M%,#+9 '( 0#8*$r$7 H($-#S$* (;4-9*$+#M/ 1.%#+$ '( -9 %#8"#(/,(2 o E(/%#M/ $*,(*#$- o Q*(+"(/+#$ +$*'#$+$ o D(/9% 4$*$/$%$-(% o A*,(*#$% '(- +"(*9 +$:(--"'9 f,(049*$-g o
>LO
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0H($-#S$* (;i0(/(% '( -$:9*$,9*#92 o ^#90(,*.$ 3(0i,#+$ )*(%+*#:#* 4$*$+(,$09- YT\ $ >O\\ 085+$'$ P 3*% (/ 0i;#09 +904-(,$ o )(*1#- '( -.4#'9% o !-"+9%$ o I;$0(/ 8(/(*$- '( L '9%#%7 fB9,$2 I/ (- @
\ '.$% _+#'9 $+(,#-%$-#+.-#+9 (% R(09**$8#$ 9 ,*90:9%#% +(*(:*$- o Q*$+,"*$ '( +*i/(9 B9 "/ 0('#+$0(/,9 '( 4*#0(*$ -./($ 4$*$ 0#8*$r$ 09'(*$'$ /("*9-M8#+$%2 o H#/9%#/"%#,#% o F,#,#% N59 0$%,9#'#,#% o )*(%+*#:#* i+#'9 $+(,#-%$-#+.-#+9 YT\m >O\\ 08 +$'$ P 3*%7 (/ L )*9:-(0$% '(/,$-(%7 H($-#S$* -9% %#8"#(/,(% (%,"'#9% '( ,90$%5'.$ (/ +*#%#% $8"'$% '( 0#8*$r$7 f@
T\ 085'.$7 A0#,*#4,#-#/$ 4$*$ /#V(- '(2 o )"/+#M/ -"0:$* o I-(+,*9(/+(1$-98*$1.$ o 4*91#-$;#% '( $,$p"(% '( 0#8*$r$7 A0#,*#4,#-#/$ >\ $ >T\ 08 H(%9/$/+#$ 0$8/U,#+$ o E9098*$1.$ $;#$- +904",$*#S$'$7 49* -$% /9+3(% '( O $ Y 0(%(%c 0i;#09 [ 0(%(%7
EHAEA<@IBEF )$*$+(,$09- (% (- 0('#+$0(/,9 '( 4*#0(*$ -./($ 4$*$ +(1$-($% -(V(% $ 09'(*$'$%7 )$*$ -$ *(0#%#M/ '(- '9-9*c /9 %( '(:( %"%4(/'(* %" "%9 3$%,$ p"( %( -98*( %" (1(+,9 0i;#097 )*(%+*#:#* 4$*$+(,$09- YT\ m >O\\ 085+$'$ P 3*% (/ 0i;#09 L '9%#% (/ -$% +*#%#% $8"'$% '( +(1$-($7 fB9,$2 I/ (- @
L\\ 08 +$'$ Y 3*% %#/ (;+('(* >\ '.$% _+#'9 $+(,#-%$-#+.-#+9 (% "/9 '( -9% 0('#+$0(/,9% '( 4*#0(*$ -./($ 4$*$ +(1$-($%7 )*(%+*#:#* i+#'9 $+(,#-%$-#+.-#+9 '( YT\ $ >O\\ 085+$'$ P 39*$% (/ L ,90$% $- '.$ (/ -$% +*#%#% $8"'$% '( +(1$-($7 fB9,$2 I/ (- @
$ L 08c O V(+(% $- '.$c 0i;#09 >\ 08 $ -$ %(0$/$ )$*$+(,$09- (% (- 0('#+$0(/,9 '( 4*#0(*$ -./($ 4$*$ 0#8*$r$ 09'(*$'$7 )$*$ -$ *(0#%#M/ '('9-9*c /9 %"%4(/'(* 3$%,$ -98*$* %" (1(+,9 0i;#097
Q-"9;(,#/$ (% '( %(8"/'$ (-(++#M/ (/ +$%9 '( *(%4"(%,$ #/$'(+"$'$ $ A@BID7 Q-"9;(,#/$ '( L\ $ P\ 085'.$7 <(,94*9-9- (% X,#- 4$*$ -$ 4*91#-$;#% '( $,$p"(% '( 0#8*$r$7 <(,94*9-9- '( >\\ $ L\\ 085'.$ fV#8#-$* (1(+,9% %(+"/'$*#9%g7 )*94*$/9-9- (% X,#- 4$*$ -$ 4*91#-$;#% '( $,$p"(% '( 0#8*$r$7 )*94$/9-9- '( P\ 085'.$ ( #/+*(0(/,$* $ '9%#% *(%4"(%,$ fV#8#-$* (1(+,9% %(+"/'$*#9%g7 ](*$4$0#-9 (% X,#- 4$*$ -$ 4*91#-$;#% '( $,$p"(% '( 0#8*$r$7 ](*$4$0#-9 '( LP\ $ OL\ 085'.$7 D"0$,*#4,i/ (% X,#- (/ (- $-#V#9 '( -9% $,$p"(% '( 0#8*$r$ (/ (- ,*$/%+"*%9 '( "/$ 39*$ fB9,$2 (/ (- @
\\ 08 V.$ 9*$- 9 Y 08 V.$ %":+",i/($7 D# 3$N *(+"**(/+#$ *(4(,#* (/ LP 3*% "/$ V(S %# (% %":+",i/($ 9 '9% V(+(% %# (% 9*$-7 D"0$,*#4,i/ 4*(%(/,$ #/,(*$++#M/ 0('#+$0(/,9%$ +9/ '(3#'*9(*8,9$0#/$ 9 (*89,$0#/$7 B9 #/'#+$* %"0$,*#4,i/ '(/,*9 '( -$% LP 39*$% 49%,(*#9*(% '( 3$:(* $'0#/#%,*$'9 '#3#'*9(*89,$0#/$ 9 (*89,$0#/$7 D( 3$/ *(49*,$'9 $-#V#9 '( %./,90$% +9/ +904*(%$% 1*.$% (/ +$:(S$ N +"(--9 D( *(+90#(/'$ O V(+(% $- '.$c 49* >\ 0#/",9% (/ -9% '.$% p"( 4*(%(/,( (- $,$p"( $8"'97 D( 3$ *(49*,$'9 $-#V#9 '( %./,90$% +909 19,919:#$ N 5 9 19/919:#$ +"$/'9 %( $.%-$ (- 4$+#(/,( N %( (V#,$/ (%,9% (%,.0"-9%7- IV#,$* -"8$*(% +9/ *"#'9 N 5 9 -"S #/,(/%$ @/+$4$+#'$' (/ 4$+#(/,(% $%(8"*$'9% '(4(/'#(/'9 '( -$ %(V(*#'$'7 D( *(+90#(/'$ 9,9*8$* #/+$4$+#'$' ,(049*$- 4$*$ (- ,*$:$k9 '( > $ O '.$%c %M-9 (/ -9% +"$'*9% %(V(*9% fV(* ="$'*9 >\7 @/+$4$+#'$'(%g7
=H@EIH@FD ?I HIQIHIB=@A >LP
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0$,$p"(%7 D( %"8#(*(/ $-8"/$% 94+#9/(% p"( p"('$/ $ +*#,(*#9 N J$ +(1$-($ +9/ /#V(- '( x(%,$,"%y f%(V(*$ N 0$N9* '( ZL 3*%7g %( +9/%#'(*$ #/+$4$+#,$/,( N *(p"#(*( 0$/(k9 #/0('#$,9 (/ '#%49/#:#-#'$' '( *(+"*%9% '(- 0U'#+9 N 4$+#(/,(7 D( "*8(/+#$%7 I/V#$* $- %(*V#+#9 '( "*8(/+#$%7 R$N V$*#9% 1$+,9*(% 4*949/(/ $-8"/$% 94+#9/(%2 >7 =#,$ '( LP $ Pa 3*%7 '(%4"U% '( *#(%89 %"8(%,#V9% '( p"( -$ +$"%$ '( -$ +(1$-($ %($ %(*#$ N '(- $,$p"( 0#8*$r9%9 L7 =#,$ $- 0(% '(- $,$p"( 0#8*$r9%9 p"( *(p"#(*$ ,*$,$0#(/,9 "*8(/,(7 f+9/ H; N -$:9*$,9*#9 '( +9/,*9-g O7 =#,$ $:#(*,$ 9 +"$/'9 %( 4*(%(/,( (- 4*M;#09 $,$p"( 0#8*$r9%97 I- 0$/(k9 4*91#-i+,#+9 I/V#$* $- %(*V#+#9 '( "*8(/+#$% +"$/'92 o D($ -$ 4*#0(*$ '( -9% $,$p"(% '( 0#8*$r$ %( *($-#S$ +9/ +#,$% 4(*#M'#+$% +(1$-($ 9 -$ 4(9* (/ -$ V#'$ '(- 4$+#(/,(c 4$*,#+"-$*0(/,( %# (% f+$'$ L $ O 0(%(%g7 =#,$* $- 4$+#(/,( +9/ 0#8*$r$ 4$*$ -$ '( #/#+#9 %X:#,97 o K/ +$0:#9 (/ 1*(+"(/+#$c %(V(*#'$' 9 4*(%+*#4+#M/ 1$*0$+9-M8#+$ 4*91#-i+,#+$ '"*$/,( Ym[ 0(%(% +$*$+,(*.%,#+$% +-./#+$% '(- $,$p"( $- p"( (- 4$+#(/,( (%,i f](* +"$'*9 Y7m E*$,$0#(/,9 1$*0$+9-M8#+9g $+9%,"0:*$'9 +90X/0(/,( o K/ /"(V9 $,$p"( '( +(1$-($ (/ 4$+#(/,(% '( ('$' 0('#$ 9 0$N9*(% '( TT $r9% 9 "/ +$0:#9 J$ +(1$-($ x%(V(*$y 9 x(%,$,"%y f%(V(*$ N 0$N9* '( ZL 3*%7g %( %#8/#1#+$,#V9 (/ -$ +(1$-($ '( -$*8$ '"*$+#M/ o =$0:#9% (/ -$ +9/%#'(*$ #/+$4$+#,$/,( 4$*$ -$% $+,#V#'$'(% '( -$ V#'$ '#$*#$ N $8"'(S$ V#%"$-c +$049 V#%"$- 9 '#4-94#$ o J$ 9+"**(/+#$ '( -$:9*$-(%7 I;4('#* +(*,#1#+$'9 '( #/+$4$+#'$' ,(049*$- 4$*$ ("/$ +(1$-($ /"(V$ 4*98*(%#V$ p"( 4(*%#%,( '"*$/,( '.$% o J$ ,*$:$k9 '( > $ O '.$% '(4(/'#(/'9 '( -$ %(V(*#'$' I/ +"$'*9% 4*(+#4#,$+#M/ '(- '9-9* '( +$:(S$ +9/ -$% 0$/#9:*$% '( %(V(*9% N +9/ 1$-,$ '( *(%4"(%,$ $ ,*$,$0#(/,9 fp"( /9 %( ]$-%$-V$ f,9%c (%,9*/"'9 9 $8$+3$*%(g7 o J$ 4*(%(/+#$ '( -9% *(+"4(*$/ '(%4"U% '( ZL 3*%7g %( +9/%#'(*$ #/+$4$+#,$/,(7 %#8"#(/,(% %./,90$% N %#8/9% %9/ 09,#V9 '( (/V.9 $ 9,*9 H(V$-9*$* -$ +9/,#/"#'$' '( #/+$4$+#'$' N V$-9*$* (/V.9 $ %(*V#+#92 o D./,90$% %#%,U0#+9%w ,$-(% +9092 0#$-8#$%c 1#(:*(c %(8"/'9 /#V(- fV(* +"$'*9 a *(1(*(/+#$%g7 J9% '.$% '(4(/'(*i/ 0$-(%,$* 8(/(*$-c 4U*'#'$ '( 4(%9c +-$"'#+$+#M/ 0$/'#:"-$*7 o '( -$ %(V(*#'$' N '( -$ 4*9;#0#'$' '( %" +#,$ $- %(8"/'9 /#V(D./,90$% N %#8/9% /("*9-M8#+9% 19+$-(% 9 +9/1"%#M/c f+#,$ 4*(1(*(/,(5"*8(/,(g7 +9/V"-%#9/(% 9 +"$-p"#(* $-,(*$+#M/ '( -$ +9/+#(/+#$7 o I/V#M $ "*8(/+#$% I/ 9+$%#9/(% -$ +(1$-($ %( +-$%#1#+$ +909 %(+"/'$*#$ N %( %9%4(+3$ "/$ +$"%$ %":N$+(/,( p"( $0(*#,$ V$-9*$+#M/ "*8(/,(7 ]$-9*$* (- *($-#S$* (%,"'#9% +904-(0(/,$*#9% 4$*$ ('#$8/M%,#+9 9 (/V#$* $ %(8"/'9 /#V(- V.$ 9*'#/$*#$ 9 "*8(/,(7 D9/ +*#,(*#9% '( (/V.9 $ -$ +9/%"-,$ '( %(8"/'9 /#V(-2 o =(1$-($ +9/ %./,90$% +-./#+9% /9 +$*$+,(*.%,#+9% '( +(1$-($% +*M/#+$% 4*#0$*#$% f0#8*$r$ 9 +(1$-($ '( ,(/%#M/g7 o )*(%(/+#$ '( %./,90$% $/9*0$-(% (/ -$ (;4-9*$+#M/ /("*9-M8#+$% 9 4*(%(/+#$ '( %./,90$% '(1#+#,$*#9% /("*9-M8#+9% $%9+#$'9% $ +(1$-($ o )(*%#%,(/+#$ '( +(1$-($ ,*$% -$ $'0#/#%,*$+#M/ '( ,*$,$0#(/,9% %#/,90i,#+9% N 4*(V(/,#V9% $'(+"$'9%7 o <9'#1#+$+#9/(% /9 $+-$*$'$% '( -$% +$*$+,(*.%,#+$% +-./#+$% '( -$ +(1$-($7 o D9%4(+3$ +-./#+$ '( +(1$-($ %(+"/'$*#$7 o =(1$-($ +904-#+$'$ +9/ $:"%9 '( 1i*0$+9%7 I/V#M $ 0('#+#/$ #/,(*/$ 9 /("*9-98.$ +9/ H; +*i/(9m+(*V#+$- N (%,"'#9% '( -$:9*$,9*#9 :i%#+9 f:#90(,*.$ N p".0#+$ %$/8"./($%g7 I- $49N9 4%#+9-M8#+9 (/ (%,$'9% '( $/%#('$' N '(4*(%#M/ $N"'$ $- 0$/(k9 #/,(8*$'( -$ +(1$-($ ,(/%#9/$- N 0#8*$r$7 I/V.9 $ 4%#+9-98.$ N59 4%#p"#$,*.$7 I/ +(1$-($ ,(/%#9/$- (- %(8"#0#(/,9 (% $:#(*,9 N '(4(/'(*i '( -$ (V9-"+#M/c *(+"**(/+#$ N '(0$/'$ '( %(*V#+#9 '(- 4$+#(/,(7 F*#(/,$* $- 4$+#(/,( 4$*$ p"( $+"'$ $ +9/%"-,$ (/ +$%9 '( +(1$-($ N (;4-#+$* %#8/9% '( $-$*0$ N 0('#'$% '( 4*(V(/+#M/7 I/ +(1$-($ %#/ *(%4"(%,$ $- ,*$,$0#(/,9 '(%+$*,$* +$"%$ %":N$+(/,( =9/%#'(*$* (%,"'#9% '( -$:9*$,9*#9 N 8$:#/(,( N59 (/V.9 $ %(8"/'9 /#V(- $ -$ :*(V('$' 49%#:-( f](* +"$'*9 a7m H(1(*(/+#$%g7 I- 4$+#(/,( +9/ 0#8*$r$ *(p"#(*( ,*$,$0#(/,9 '( 4*91#-$;#% 4$*$ '#%0#/"#* -$ 1*(+"(/+#$ N %(V(*#'$' '( -9% >LT
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0I;#%,(/ +*#,(*#9% 4$*$ V$-9*$* (- 8*$'9 '( '(4(/'(/+#$ '("&4"*!"#'# 5'0%32'* %"*"?*'2 4$+#(/,( A4-#+$* (- ./'#+( '( ^$*,3(- f](* $/(;9 Y7Og7 I;#%,(/ '$,9% $- #/,(**98$,9*#9 N (;4-9*$+#M/ 1.%#+$ 4$*$ #'(/,#1#+$* (QA=EFHID ?I H@ID!F ,#49 '( %(+"(-$% '( I]=7 )*(%+*#:#* >\\mO\\ 085'.$ '( i+#'9 $+(,#- %$-#+.-#+97 R$N :(/(1#+#9 '( (/'$*,(*(+,90.$ +$*9,.'($ <9'#1#+$* 3i:#,9% ,$-(% +9092 o D('(/,$*#%09 o E$:$p"#%09 (/ 4$+#(/,(% z a\ $r9% +9/ (%,(/9%#% #4%#-$,(*$-7 I/V.9 $ o A-+939-#%09 D( *(+90#(/'$2 o D"%4(/'(* ,$:$p"#%09 o %(8"/'9 /#V(- f$/8#9-98.$g7 J$ $/,#+9$8"-$+#M/ 9*$- (% Ik(*+#+#9 *(8"-$* '( $+"(*'9 $ +$4$+#'$' o ?#(,$ N 4(%9 :(/U1#+$ (/ 1#:*#-$+#M/ $"*#+"-$* ( #%p"(0#$ +(*(:*$- '( 9*#8(/ %$,#%1$+,9*#9% o H('"+#* #/8(%,$ '( %$- o IV#,$* (;+(%9 '( ,*90:9(0:M-#+97 I/V.9 $ %(8"/'9 /#V(- fD(*V#+#+9 '( $-+939-7 J$ 9:(%#'$' N 0$-9% 3i:#,9% $-#0(/,#+#9% %9/ 1$+,9*(% <('#+#/$ @/,(*/$ 9 =$*'#9-98.$g7 H($-#S$* -$ 3#%,9*#$ +-./#+$ N '( *#(%89 4$*$ "/ %(8"/'9 I]= I/V#$* $- D(*V#+#9 '( B",*#+#M/ $/$0/(%#% '#*#8#'$ $ -$ #'(/,#1#+$+#M/ '(- 8*$'9 N ,#49 '( 4$*$ 9*#(/,$+#M/ '( '#(,$ N +9/,*9- '( 4(%97 '#%+$4$+#'$' f%(/%9*#$-c /("*909,9*$ N V#%+(*$-c +9/'"+,"$-g7 I;#%,(/ '#1(*(/,(% (/1(*0('$'(% p"( 4"('(/ '(%(/+$'(/$* J$ '#(,$ *#+$ (/ %9'#9 N 8*$%$% %9/ 1$+,9*(% '( *#(%89 4$*$ "/ %(8"/'9 (V(/,9 '( I]=7 =9/,*9-$* 0(,$:M-#+$ N +909*:#-#'$' *(-$+#9/$'$ +9/ I]= D( *(+90#(/'$ '#(,$ 9*8i/#+$0(/,( '( $+"(*'9 $ -$% !)= '( -$% (/1(*0('$'(% 3#49%M'#+$ N :$k$ (/ 8*$%$% f4*#/+#4$-0(/,( %$,"*$'$%g7 p"( 4"('(/ '(%(/+$'(/$* "/ (V(/,9 '( I]= f49* (k(04-9 ]$-9*$* (/V.9 $- D(*V#+#9 '( B",*#+#M/7 I- $/,(+('(/,( '( '#$:(,(%c 3#4(*,(/%#M/c (,+7g7 <9/#,9*($* '( O $ Y 0(%(% $,$p"( #%p"U0#+9 ,*$/%#,9*#9 N 4$'(+(* 0#8*$r$ %9/ 1$+,9*(% %(8X/ (V9-"+#M/7 J9% 4$+#(/,(% +9/ I]= 4"('(/ +"*%$* +9/ '( *#(%89 4$*$ I]= ]#8#-$* N V$-9*$* (/V.9 $- D(*V#+#9 '( +"$'*9% '( '(4*(%#M/ N 1$-,$ '( $49N9 49* -$ 1$0#-#$7 <('#+#/$ @/,(*/$ 9 B("*9-98.$7 ?#$8/9%,#+$* N (V$-"$* -$ '(4*(%#M/ N -#0#,$+#9/(% (/ I/ 0"k(* 49%, 0(/94i"%#+$ (;#%,( *#(%89 '( "/ /"(V9 I]= $+,#V#'$'(% '( -$ V#'$ '#$*#$ 4$*$2 o @/,(8*$+#M/ $ 8*"49% '( +9/ ,(*$4#$ 39*09/$- %"%,#,",#V$ B9 %( '(:(/ ",#-#S$* $49N9 o E(*$4#$ 1$0#-#$* o !*"49% 4$*,#+#4$,#V9% f=(/,*9 '( $/,#+9/+(4,#V9% 9*$-(% +9/ $-,$% '9%#% '( (%,*M8(/9%c N (/ D(8"*#'$' D9+#$- '(- @
OT5aT 00R8c '$* (%4(+.1#+9% '( %(/%#:#-#'$' V (%,#0"-$+#M/ +",i/($ (-U+,*#+$ #/3#:#'9*(% '( -$ (/S#0$ +9/V(*,#'9*$ '( $/8#9,(/%#/$ f@I=Ag +9/ ,(*$4#$ +9/V(/+#9/$- )"('(/ (;#%,#* -$% %#8"#(/,(% 9 @I=A ~ '#"*U,#+97 B9 3$N (V#'(/+#$ %"1#+#(/,( '( p"( (%(+"(-$% f'(4(/'#(/'9 '(- 8*$'9c 09'(*$'$ $ %(V(*$c (% +9/,*9- '( -$ 3#4(*8-"+(0#$ '#%0#/"N$ 4(* %( -$ #/+#'(/+#$ '( -#0#,$/,( 4$*$ -$% $+,#V#'$'(%g2 V I%4$%,#+#'$' V =9/,*$+,"*$% V I]=7 D( *(+90#(/'$ V#8#-$/+#$ N +9/,*9- '(2 V '#$:(,(% D":-";$+#M/ '(- 390:*9 V ?9-9* '(- 390:*9 V I'(0$ '( +90:#/$'$ +9/ 3#4(*,(/%#M/ 0('#$/,( @I=A7 J9% 4$+#(/,(% (;,*(0#'$'(% V <$-$ +9/'#+#M/ +$*'#9V$%+"-$* I/V#$* $ +9/ I]= N $/,(+('(/,( '( +$*'#94$,.$ #%p"U0#+$ '(:(/ %(8"/'9 /#V(- fD(*V#+#9% '( <('#+#/$ @/,(*/$c B("*9-98.$c ,*$,$*%( +9/ (%,$,#/$%c ,(/8$/ 9 /9 3#4(*-#4#'(0#$ 4$*$ <('#+#/$ 1.%#+$ N H(3$:#-#,$+#M/g7 *('"+#* %#8/#1#+$,#V$0(/,( (- *#(%89 '( I]= D( *(+90#(/'$ I/ $-8"/9% 4$+#(/,(% (/ +9/,*9- %( *(p"#(*( '(%+$*,$* V#8#-$/+#$ N +9/,*9- '(2 V )(*1#- -#4.'#+92 4*(%+*#:#* (%,$,#/$%7 I4$,9-98.$ $'N$+(/,( ,$- +9092 o ?#$:(,(% o R#4(*,(/%#M/ 49,(/+#$- :(/U1#+9 '( -9% $/,#$8*(8$/,(% 4-$p"(,$*#9% (/ I]= $*,(*#$- o @/%"1#+#(/+#$ *(/$- o @/1(++#M/ "*#/$*#$ o #%p"U0#+$ (%,i '(09%,*$'97 ?#%-#4#'(0#$% o A/(0#$ H($-#S$* -9% %#8"#(/,(% (;i0(/(% '( -$:9*$,9*#9 f$- #/#+#9 '(- %(8"#0#(/,9 N +9/ 4(*#9'#+#'$' '( $+"(*'9 $ +*#,(*#9 +-./#+9g2 o ^#90(,*.$ 3(0i,#+$ +904-(,$ o ?@A!BCDE@=F )(*1#- '( -.4#'9% o !-"+9%$ o I;$0(/ 8(/(*$- '( 9*#/$ o K*($ N +*($,#/#/$ o )*"(:$% '( 1"/+#9/$0#(/,9 R(4i,#+$7 >LY
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0%(+"(-$% '( I]= %( (/+"(/,*$ (- '$r9 /("*9-M8#+9 +9/ 'U1#+#, N +904-#+$+#9/(%2 V A,(/+#M/ N +9/+(/,*$+#M/ V <(09*#$ V Q"/+#9/(% (k(+",#V$% V Q"/+#M/ V#%"$-c $"'#,#V$c 8"%,$,#V$ V EHAEA<@IBEF A1$%#$ V ?#%4*$;#$ '(- '#%+"*%9 V ?#%$*,*#$ V ?#%1$8#$ f4*9:-(0$% '( 3#'*$,$+#M/ N /",*#+#M/g V Q"/+#M/ '(- #/,(%,#/9 EHAEA<@IBEF QAH
EHAEA<@IBEF BF QAH
I- 4$+#(/,( +9/ %(+"(-$% '( I]= *(p"#(*( %(8"#0#(/,9 4(*#M'#+9 W"('$ -$ 4(*#9'#+#'$' '( -$% +#,$% $ +*#,(*#9 '(0U'#+9 1$0#-#$* N (V9-"+#M/ ?(4(/'#(/'9 '( -$ (V9-"+#M/c '(4(/'(/+#$c *(+"**(/+#$ N $4$*#+#M/ '( +904-#+$+#9/(% p"('$ $:#(*,$ -$ 49%#:#-#'$' '( $+"'#* $- %(*V#+#9 '( 0('#+#/$ 1$0#-#$* $- 4$+#(/,( N 1$0#-#$ F*#(/,$* $- 4$+#(/,( N $ %" 1$0#-#$* 4$*$ p"( $+"'$ $ +9/%"-,$ '( 0('#+#/$ 1$0#-#$* 9 '( "*8(/+#$% (/ +$%9 '( %#8/9% '( $-$*0$7 )$+#(/,(% +9/ '(4(/'(/+#$ %(V(*$ N ,9,$- 4"('(/ 4*(%(/,$* X-+(*$% '( 4*(%#M/7 F*#(/,$* $ -9% 1$0#-#$*(% %9:*( +"#'$'9 '( -$% $*,#+"-$+#9/(% N 09V#-#S$+#M/ '(- 4$+#(/,( 4$*$ (V#,$* X-+(*$% '( 4*(%#M/ fV(* !".$ '( X-+(*$% '( 4*(%#M/g7 D( *(+90#(/'$ V$-9*$* -$ +$4$+#'$' 4$*$ (- ,*$:$k9 $49Ni/'9%( (/ (- 8*$'9 '( '(4(/'(/+#$ %(8X/ (- ./'#+( /("*9-M8#+9 '( ^$*,3(- N (/ -9% *(p"(*#0#(/,9% '(- 4"(%,9 '( ,*$:$k9 I;4('#* +(*,#1#+$'9 '( #/+$4$+#'$' ,(049*$- '( $+"(*'9 $ (V9-"+#M/ '(- 4$+#(/,(c 8*$'9 '( '(4(/'(/+#$ N *(p"(*#0#(/,9 '(- 4"(%,9 '( ,*$:$k9 J$% %(+"(-$% '(- I]= 4"('(/ %(* %(V(*$% N -$ *(+"4(*$+#M/ -#0#,$'$ +9/'"+#(/'9 $ "/ 0$- 4*9/M%,#+9 4$*$ -$ V#'$ -$:9*$- '(- 4$+#(/,( H(V$-9*$* -$ +9/,#/"#'$' '( #/+$4$+#'$' N (/V.9 $ %(8"/'9 /#V(- 9 '( $+"(*'9 $ %" 4(*1#- -$:9*$- (/V#$* $- D(*V#+#9 '( D$-"' (/ (E*$:$k9 fV$-9*$+#M/ #/,(8*$- 4$*$ #/V$-#'(Sg7
=H@EIH@FD ?I HIQIHIB=@A D9/ +*#,(*#9% '( '(*#V$+#M/ $- %(8"/'9 /#V(- '( $,(/+#M/2 o )*(%(/+#$ '( '$,9% $/9*0$-(% (/ -$ (;4-9*$+#M/ /("*9-M8#+$ 9 4*(%(/+#$ '( %./,90$% '( 'U1#+#, /("*9-M8#+97 o A"0(/,9 '(/#V(- '( '(4(/'(/+#$ %(8X/ (- ./'#+( '( ^$*,3(-7 o @/(%,$:#-#'$' '( -$ 4$,9-98.$ +9/+90#,$/,( 9 %#/ *(%4"(%,$ $ ,*$,$0#(/,97 o A4$*#+#M/ '( +904-#+$+#9/(%7 I/V#M $ %(8"/'9 /#V(- fA?I=c <('#+#/$ @/,(*/$c K*8(/+#$%c (,+7g I- 0$/(k9 #/,(8*$- #/+-"N( $49N9 4%#+9-M8#+9 (/ (%,$'9% '( $/%#('$' N '(4*(%#M/7 I/V.9 $ 4%#+9-98.$ N59 4%#p"#$,*.$ ?(/,*9 '( -$% >LZ
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,00$N9*.$c /9 %( 3$ (/+9/,*$'9 ,$- $%9+#$+#M/w %#/ (0:$*89c .3$22'$&D?'**= 9,*9% (%,"'#9% %"8#(*(/ p"( 4"('( 9+"**#* > +$%9 $'#+#9/$- '( %./'*90( '( !"#--$#/m^$**U 49* +$'$ 0#--M/ '( 4(*%9/$% I- %./'*90( '( !"#--$#/m^$**U %( 4*(%(/,$ $ +9/%(+"(/+#$ '( V$+"/$'$% +9/,*$ -$ #/1-"(/S$7 I/ =$/$'i %( *(49*,M "/$ "/$ *(%4"(%,$ $",9#/0"/(7 J9% 4$+#(/,(% +9/ %./'*90( '( #/+#'(/+#$ '( "/ +$%9 '( %./'*90( '( !"#--$#/m ^$**U 49* +$'$ !"#--$#/m^$**U p"( 4*(%(/,$/ '(8(/(*$+#M/ $;9/$- ,#(/(/c +9/ 0#--M/ '( '9%#% '( V$+"/$ +9/,*$ -$ #/1-"(/S$7 )":-#+ I/ 1*(+"(/+#$c $/,#+"(*49% @8 ! +9/,*$ 8$/8-#M%#'9% !<>c !?>: N 4(*%9/$% 0$N9*(% '( >a $r9% '( ('$' %( 9:%(*VM "/9 $ '9% !?>$c -9% +"$-(% (%,i/ 4*(%(/,(% (/ -9% /(*V#9% 4(*#1U*#+9%7 +$%9% '( %./'*90( '( !"#--$#/m^$**Uc '(%4"U% '( Y $ a I- %./'*90( '( !"#--$#/m^$**U 4"('( 9+"**#* '( Z $ >P '.$%c %(0$/$% '( -$ V$+"/$+#M/ +9/,*$ (- V#*"% '( -$ #/1-"(/S$7 K/ '(%4"U% '( "/$ #/1(++#M/ :$+,(*#$/$ 9 V#*$-7 I;#%,(/ *(49*,(% (%,"'#9 %(r$-M p"( -$ #/+#'(/+#$ *(-$,#V$ '(- %./'*90( '( '( +$%9% '( %./'*90( '( !"#--$#/m^$**U p"( %( *(-$+#9/$/ $ !"#--$#/m ^$**U 1"( '( >7PT f@=[Tq2>7\Tm >7[[w4ƒ\7\Lg (/ (#/1(++#9/(% '( V.$% *(%4#*$,9*#$%c 9+"**#'$% "/ 0(% $/,(% '( 4(*#9'9 '( *#(%89 49%V$+"/$+#M/c (- +"$- V$ '( -$ %(0$/$ L $ 3$:(* #/#+#$'9 -9% %./,90$% N %#8/9% '( -$ (/1(*0('$'7 I/ -9% -$ Z +904$*$'9 +9/ (- +9/,*9- f%(0$/$ L\ $ POg D( 3$/ 4$+#(/,(% +9/ %./'*90( '( !"#--$#/m^$**U (/ -9% p"( %( *(49*,$'9 +$%9% '( %./'*90( '( !"#--$#/m^$**U faqg (/ #'(/,#1#+M "/ $/,(+('(/,( '( "/ 4*9+(%9 #/1(++#9%9c (%,9% %( 4$+#(/,(% #/1(+,$'9% +9/ (- V#*"% '( -$ #/0"/9'(1#+#(/+#$ $%9+#$*9/ +9/ -9% %#8"#(/,(% 0#+*99*8$/#%09%2 o f]@Rg '"*$/,( (- 4(*.9'9 '( #/1(++#M/ $%#/,90i,#+$ 9 (/ -$ =$04N-9:$+,(* k(k"/#2 L\q $ T\q o =#,90(8$-9V#*"% 2 Tq $ LL %(*9+9/V(*%#M/7 D( *(+90#(/'$ '(%+$*,$* %./'*90( '( q o R$(0943N-"% #/1-"(/S$(2 Lq $ >Oq o I4%,(#/ ^$** 2 >\q o !"#--$#/m^$**U (/ ,9'$ 4(*%9/$ +9/ $/,(+('(/,( '(
g '( -$ 0(0:*$/$ '( -9% /(*V#9% 4(*#1U*#+9% N -9% 9-#89%$+i*#'9% '( -$ :$+,(*#$7 I- L\q '( -9% I/ (%,"'#9% '( 4$+#(/,(% +9/ %./'*90( '( !"#--$#/m^$**Uc -9% 4$+#(/,(% +9/ %./'*90( '( !"#--$#/m^$**U $%9+#$'9 $ #/1(++#M/ %./,90$% 4"('(/ +-$%#1#+$*%(c (/2 A7 E.4#+9%2 o ?(:#-#'$' 9 49* =$04N-9:$+,(* k(k"/# '(%$**9--$ '#%+$4$+#'$' *(%#'"$-7 4U*'#'$ '( -$ 1"/+#M/ 0"%+"-$* f4$*i-#%#%g o =$0:#9% 9 A/,( "/ +$%9 '( 4$*i-#%#% 1-i+#'$ +9/ $/,(+('(/,( '( "/$ '#%0#/"+#M/ '( -$ %(/%#:#-#'$'c (/,"0(+#0#(/,9c '9-9* #/1(++#M/ V#*$- 9 :$+,(*#$/$ %( *(+90#(/'$ #/V(%,#8$* 0"%+"-$* f4"('( %(* %#0#-$* $- '9-9* 49* +$-$0:*(%g7 ^7 %./'*90( '( !"#--$#/m^$**Uc 4$*,#+"-$*0(/,( (/ $p"(--9% A'#+#9/$-(% fp"( 4"('(/ $4$*(+(* '"*$/,( -$ (/1(*0('$'c /9 +$%9% +9/ #/1(++#M/ 4*(V#$ '( =$04N-9:$+,(* k(k"/#7 I/ ,9'9 /(+(%$*#$0(/,( (%4(+.1#+9%g2 o ]#%#M/ :9**9%$ o ?#1#+"-,$' 4$+#(/,( p"( $+"'( $ -9% %(*V#+#9% 0U'#+9%c +9/ $/,(+('(/,( 4$*$ 09V(* -9% 0X%+"-9% '( -$ +$*$ o <$*+3$ ,M*4#'$ N +$.'$% '( #/1(++#M/ V#*$- 9 :$+,(*#$/$ "/ 0(% $/,(% '( -$ 4$*i-#%#% o )$-4#,$+#9/(% f%(/%$+#M/ ,i+,#- '( -9% -$,#'9% '(- +9*$SM/g o 1-i+#'$c %( *(+90#(/'$ '(%+$*,$* %./'*90( '( !"#--$#/m^$**U7 =9/,*$++#9/(% 0"%+"-$*(% =7 ?( $-$*0$2 o ?#%1$8#$c %#$-9**($ o ?#%/($c $4/($ 9 #/+$4$+#'$' 4$*$ *(%4#*$* 4*91"/'$0(/,( o J9% 4*#0(*9% +$%9% '( %./'*90( '( !"#--$#/m^$**U $%9+#$'9% $ J#49,#0#$ f](* A/(;9 Y7Ow ="$'*9 @ N @@g7 -$ V$+"/$ +9/,*$ #/1-"(/S$ 1"(*9/ *(49*,$'9% (/ >[ZYc ,*$% "/$ +$04$r$ /$+#9/$- '( V$+"/$+#M/ +9/,*$ (- V#*"% '( J9% +*#,(*#9% '( A%:"*N N =9*/:-$,3c 09'#1#+$'9% 49* H944(* #/1-"(/S$ 49*+#/$7 ?"*$/,( -$ #/V(%,#8$+#M/ %( (/+9/,*M p"( (%,i/ V$-#'$'9% 4$*$ (%,$:-(+(* (- '#$8/M%,#+9 '( %./'*90( '( -$% 4(*%9/$% V$+"/$'$% +9/,*$ #/1-"(/S$ 49*+#/$c ,(/.$/ !"#--$#/m ^$**U f](* A/(;9 Y7Ow ="$'*9 @g7 I/ (- %./'*90( '( 0$N9* *#(%89 '( '(%$**9--$* %./'*90( '( !"#--$#/m^$**U p"( !"#--$#/m^$**U %( 4"('( (/+9/,*$* $**(1-(;#$ 9 3#49**(1-(;#$ -9% /9 V$+"/$'9%2 $-*('('9* '( > /"(V9 +$%9 49* +$'$ >\\ 0#9%,(9,(/'#/9%$7 A-8"/9% 4$+#(/,(% +9/ %./'*90( '( !"#--$#/m 4(*%9/$% V$+"/$'$%7 D( '(%+9/9+( $X/ -$ +$"%$ p"( 4*9V9+M ^$**U 4"('(/ 4*(%(/,$* '$,9% '( '#%1"/+#M/ $",9/M0#+$c (- '(%$**9--9 '(- %./'*90( '( !"#--$#/m^$**Uc (/ $-8"/$% '( -$% +9092 o E$p"#+$*'#$ 9 :*$'#+$*'#$ %#/"%$-c 9,*$% $**#,0#$% 4(*%9/$% V$+"/$'$% '"*$/,( >[ZY7 I;#%,(/ '#V(*%$% ,(9*.$%c +$*'#$+$% o R#4(*,(/%#M/ 9 3#49,(/%#M/ $*,(*#$- 49%,"*$- o "/$ '( (--$% %(r$-$ p"( -$% V$+"/$% 4"('(/ '(%(/+$'(/$* A04-#$% 1-"+,"$+#9/(% '(- 4"-%9 N '( -$ 4*(%#M/ %$/8"./($ o "/$ *(%4"(%,$ #/1-$0$,9*#$c +$4$S '( 9+$%#9/$* '$r9 +(-"-$* $ )"4#-$ ,M/#+$ o R#4(*%$-#V$+#M/c $/3#'*9%#% 9 3#4(*3#'*9%#% o /#V(- '( %#%,(0$ /(*V#9%9 +(/,*$-7 ]$*#9% (%,"'#9% %( 3$/ A-,(*$+#9/(% '( (%1./,(* "*#/$*#9c (%,*(r#0#(/,9c $-,(*$+#M/ (/ *($-#S$'9 '(%'( >[ZYc 4$*$ (V$-"$* %# -$% V$+"/$% +9/,*$ -$ 09V#-#'$' 8i%,*#+$ o E9/9 V$%909,9* $/9*0$- +$"%$/'9 #/1-"(/S$ %( $%9+#$/ +9/ (- %./'*90( '( !"#--$#/m ^$**U7 I/ -$ (%,$%#% V(/9%$ 9 (/*9k(+#0#(/,9 1$+#$- I/ %(*#(% '( 4$+#(/,(% >La
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0+9/ %./'*90( '( !"#--$#/m^$**U %( '(%+*#:(/ 9,*$% V$*#$/,(% n$*6#/%|#$ 3"0:9-',#$/$ f+$4"-./ ,"--#'9* t,"--#'9*$c *(8#9/$-(% 0(/9% +90"/(%c +909 %9/2 o D./'*90( '( <#--(*m +9N9,#--9ug D( *(+90#(/'$ 3$+(* "/$ $/$0/(%#% '(,$--$'$c Q#%3(* fTq '( -9% +$%9%g o ?(:#-#'$' %#/ 4$*(%,(%#$ fOqg o :"%+$/'9 49%#:-(% #/1(++#9/(% V#*$-(%c :$+,(*#$/$% ( ?(:#-#'$' +(*V#+$-c :*$p"#$- N 1$*./8($ fOqg o )$*$4$*(%#$ fOqg #/0"/#S$+#9/(% $/,(% '( 4*(%(/,$* -9% %./,90$% '( -$ o )$*(%#$ 1$+#$- +9/ 4$*(%,(%#$ f>qg o A,$;#$ 4"*$ f>qg J$% (/1(*0('$'w $%. +909 "/$ (;4-9*$+#M/ /("*9-M8#+$ +904-(,$c +9/'#+#9/(% +-./#+$% p"( 3$+(/ '"'$* '(- '#$8/M%,#+9 '( 4$*$ '#1(*(/+#$* 9,*$% 4*9:$:-(% (/,#'$'(%c +"N$ %./'*90( '( !"#--$#/m^$**Uc %9/2 I/ -$ 1$%( #/#+#$- '( -$ %#/,90$,9-98.$ 4"('$ %(* 4$*(+#'$ $- %./'*90( '( !"#--$#/m (/1(*0('$'2 o Q#(:*( o ?#%1"/+#M/ 4"-09/$* %(V(*$ +9/ 49+$ ^$**U7 '(:#-#'$' '( -$% (;,*(0#'$'(% o A-,(*$+#9/(% %(/%#,#V$% %(V(*$% +9/ 49+$ '(:#-#'$' '( -$% (;,*(0#'$'(% o ?#%1"/+#M/ V(%#+$- 9 #/,(%,#/$- I/ -$ 1$%( '( 0(%(,$ '( -$ (/1(*0('$'2 o B#V(- %(/%#,#V9 0$*+$'9c 4*98*(%#M/ -(/,$ +9/ 49+$ '(:#-#'$' IDEK?@FD ?I JA^FHAEFH@F %#/ +904*90#%9 *(%4#*$,9*#9 f+9/%#'(*$* "/$ 49-#/("*94$,.$ I/ -$ 0$N9*.$ '( -9% 4$+#(/,(% +9/ %./'*90( '( !"#--$#/m #/1-$0$,9*#$ '(%0#(-#/#S$/,( %":$8"'$ 9 +*M/#+$g o A%#0(,*.$ ^$**Uc (- (%,"'#9 '( -.p"#'9 +(1$-9**$p".'(9 fJ=Hg 4"('( /9 4(*%#%,(/,( '( -$ '(:#-#'$' o ?#%1"/+#M/ V(%#+$- 9 #/,(%,#/$09%,*$* $-,(*$+#9/(% (/ -$% 4*#0(*$% Pa 39*$% '( -$ 4(*%#%,(/,( o ="(/,$ '( +U-"-$% $-,$ (/ J=H fvT\˜>\Y +U-"-$% (/1(*0('$'7 I%,"'#9% 3$/ '(09%,*$'9 p"( (/ -$ %(8"/'$ 5Jg7 t](* A/(;9 Y7Ow Q#8"*$ >u7 %(0$/$ '( -$ (/1(*0('$'c (- [\q '( -9% +$%9% 0"(%,*$/ )$*$ -$ V$-9*$+#M/ #/#+#$- N (- %(8"#0#(/,9 '( -9% 4$+#(/,(%c %( /#V(-(% '( 4*9,(./$% $-,9% (/ (- J=Hc %#(/'9 -$ (-(V$+#M/ ",#-#S$ -$ +-$%#1#+$+#M/ '( 8*$V('$' '(- %./'*90( '( !"#--$#/m (V#'(/,( '(%'( -$ 4*#0(*$ %(0$/$ '( -9% %./,90$% fLTq '( ^$**U :$%$'$ (/ -9% '$,9% +-./#+9%c '(1#/#'9% 49* (- 8*"49 -9% 4$+#(/,(%g7 I- '#$8/M%,#+9 '(- %./'*90( '( !"#--$#/m ^$**U R9-$/'U% fR"83(% N +9-$:9*$'9*(%g7 t](* A/(;9 Y7Ow ="$'*9 %( :$%$ 4*#/+#4$-0(/,(c (/ -9% '$,9% +-./#+9% N (/ (- *(%"-,$'9 @@@u D( *(+90#(/'$ #/V(%,#8$* %./'*90( '( !"#--$#/m^$**U (/ '(- (%,"'#9 '(- J=H2 4*9,(./$% (-(V$'$% 49* $**#:$ '(- -.0#,( $p"(--9% 4$+#(/,(% p"( 4*(%(/,$/ -9% %#8"#(/,(% '$,9% '( *(1(*(/+#$ %#/ 4-(9+#,9%#% f-("+9+#,9% z >\ 500Og +-./#+9%2 o ?(:#-#'$' 4*98*(%#V$ (/ 0i% '( "/$ (;,*(0#'$' o D( *(+90#(/'$ *($-#S$* (%,"'#9 '( J=H (/ $p"(--9% 4$+#(/,(% A**(1-(;#$ 9 3#49**(1-(;#$ o )*98*(%#M/ %#0U,*#+$ N $%+(/'(/,( +9/ %9%4(+3$ +-./#+$ '( %./'*90( '( !"#--$#/m^$**Uc 49%,(*#9* o )$*(%,(%#$%c '#%(%,(%#$% o =904*90#%9 '( 4$*(% +*$/($-(% o $ -$ 4*#0(*$ %(0$/$ '( #/#+#$'9% -9% %./,90$%7 I% #049*,$/,( ?#%1"/+#M/ $",9/M0#+$ o A"%(/+#$ '( 1#(:*( $- #/#+#9 '( -$ +9/%#'(*$* p"(c "/ *(%"-,$'9 %#/ $-,(*$+#9/(%c /9 (;+-"N( (I/1(*0('$'7 '#$8/M%,#+9 '( -$ (/1(*0('$'7 A/,( -$ 4*(%(/+#$ '( D( *(+90#(/'$ :"%+$* #/,(/+#9/$'$0(/,( -9% '$,9% +-./#+9% 4-(9+#,9%#% (/ (- J=H '( 4$+#(/,(% +9/ %./,90$% N %#8/9% '( p"( +9/,*#:"N(/ $ (%,$:-(+(* (- '#$8/M%,#+9 '(- %./'*90( '( %./'*90( !"#--$#/m^$**Uc %( %"8#(*( +9/%#'(*$* 9,*$% 49%#:-(% !"#--$#/m ^$**Uc $%. +909 $ '(,(*0#/$* (- /#V(- '( 8*$V('$' '( (/,#'$'(% /9%9-M8#+$% $%9+#$'$% f:9**(-#9%#% '( JN0(c -$ (/1(*0('$'c ",#-#S$/'9 -$ +-$%#1#+$+#M/ '( R"83(% #/1(++#M/ 49* ]@R N /(94-$%#$%gc 4$*$ -$% +"$-(% %(*i /(+(%$*#9 09'#1#+$'$7 *($-#S$* -9% (%,"'#9% 4(*,#/(/,(%c %(8X/ %($ (- +$%97 ="$/'9 -9% %./,90$% %9/ +904$,#:-(% +9/ %./'*90( '( !"#--$#/m^$**U N (- (%,"'#9 '( J=H /9 ,#(/( $-,(*$+#9/(%c %( %"8#(*( *($-#S$* 9,*9 (%,"'#9 (/ -$% %#8"#(/,(% ZL 39*$%7 D( *(+90#(/'$ *(4(,#* ?@A!BCDE@=F ?@QIHIB=@AJ (- (%,"'#9 '( J=H '(%4"U% '( -$% ZL 39*$%c +"$/'9 -9% *(%"-,$'9% '(- (%,"'#9 '( J=H #/#+#$- 3$N$/ %#'9 /(8$,#V9% 9 I;#%,(/ 9,*$% (/1(*0('$'(% p"( 4"('(/ 4*(%(/,$* $-8"/9% %#/ $-,(*$+#9/(%7 A/,( "/ (%,"'#9 '( J=H %#/ $-,(*$+#9/(% (/ %./,90$% N %#8/9% %#0#-$*(% $- %./'*90( '( !"#--$#/m^$**U "/ 4$+#(/,( +9/ $-,$ %9%4(+3$ '( %./'*90( '( !"#--$#/m ^$**Uc +909c %9/2 o @/,9;#+$+#M/ $8"'$ 49* 0(,$-(% 4(%$'9% o -9% '$,9% +-./#+9% '(:(*i/ 4*(V$-(+(* 4$*$ -$ ,90$ '( ?(1#+#(/+#$ '( V#,$0#/$ ^>L o I/1(*0('$' '( 09,9/("*9/$% '(+#%#9/(% N '(:(*i +9/%#'(*$*%( 9,*$% 4*"(:$% '#$8/M%,#+$%7 o @/1(++#M/ 49* ]@R o A++#'(/,( +(*(:*9V$%+"-$* o ^9,"-#%09 o ^9**(-#9%#% '( JN0( o <#9%#,#% o <#$%,(/#$ 8*$V#% o )$*i-#%#% 4(*#M'#+$ o J(%#9/(% '( -$ 0U'"-$ (%4#/$- o ?#1,(*#$ o )$*i-#%#% '( ^(-- o D$*+9#'9%#% o R#49+$-(0#$ %(V(*$ o )9-#90#(-#,#% o =JAD@Q@=A=@CB =9/%"09 '( '*98$% o =904*(%#M/ '( 0U'"-$ (%4#/$- o <#(-#,#% ,*$/%V(*%$ o <(/#/8#,#% /(94-i%#+$ o B("*94$,.$ 49* I- %./'*90( '( !"#--$#/ ^$**( ,#(/( $- 0(/9% P %":,#49%2 o V$%+"-#,#% o B("*94$,.$ 4$*$/(94-i%#+$ o )$*i-#%#% 49* )9-#**$'#+"-9/("*94$,.$ #/1-$0$,9*#$ '(%0#(-#/#S$/,( $8"'$ >L[
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0f)@?Ag o B("*94$,.$ $;9/$- 09,9*$ $8"'$ fBA
>q 4*(%(/,$ +$0:#9% $;9/$-(% g7 (/ "/ /X0(*9 +9/%#'(*$:-( '( 4$+#(/,(%7 D( *(+90#(/'$ ",#-#S$* -9% +*#,(*#9% (-(+,*91#%#9-M8#+9% 4*(V#$0(/,( '(%+*#,9% I/ -9% 4$+#(/,(% +9/ %./'*90( '( !"#--$#/m^$**U -9% (%,"'#9% 4$*$ #'(/,#1#+$* -9% '9% %":,#49% 4*#/+#4$-(% '(- %./'*90( '( (-(+,*91#%#9-M8#+9% 3$/ 09%,*$'9 ",#-#'$' 4$*$2 o A49N$* (!"#--$#/m^$**Uc ,90$/'9 (/ +9/%#'(*$+#M/ (- ,#(049 '( '#$8/M%,#+9 o =-$%#1#+$* -$ V$*#('$' o A49N9 4$*$ (%,$:-(+(* ((V9-"+#M/ '( -$ (/1(*0('$' N (- (%,$'9 +-./#+9 '(- 4$+#(/,(7 4*9/M%,#+9 o I;+-"#* 9,*$% 4$,9-98.$% D( 3$ '(09%,*$'9 p"( -9% (%,"'#9% (-(+,*91#%#9-M8#+9% ,#(/(/ "/$ %(/%#:#-#'$' '(T\q $- Yaq 4$*$ (- '#$8/M%,#+9 '( 49-#**$'#+"-9/("*94$,.$ #/1-$0$,9*#$ '(%0#(-#/#S$/,( $8"'$c +"$/'9 %( *($-#S$/ (/,*( EHAEA<@IBEF -$ %(8"/'$ N -$ +"$*,$ %(0$/$ '(%4"U% '( 3$:(* #/#+#$'9 -$ %#/,90$,9-98.$7 J9% 3$--$S89% (-(+,*91#%#9-M8#+$% $ 0(/"'9 EHAEA<@IBEF QAH
>\q '(- -#0#,( %"4(*#9* /9*0$- %# -$ $04-#,"' (% /9*0$-w 0$N9* $- >L\q '(- -#0#,( %"4(*#9* /9*0$- %# -$ $04-#,"' (% 0(/9* '(- -#0#,( #/1(*#9* /9*0$- o IV#'(/+#$ '( #/+*(0(/,9 (/ -$ '#%4(*%#M/ ,(049*$'(- 49,(/+#$- '( $++#M/ o H(%4"(%,$ Q +9/ -$,(/+#$ 0./#0$ 0$N9* $- >L\q '( -9 /9*0$-7 J9% +*#,(*#9% (-(+,*91#%#9-M8#+9% (/ -$ BA
+9/+-"%#M/ '( p"( -$ #/0"/98-9:"-#/$ #/,*$V(/9%$ N (- @) ,#(/(/ "/$ (1#+$+#$ %#0#-$* 4$*$ $+(-(*$* -$ *(+"4(*$+#M/ '(D!^7 ?( $+"(*'9 $ "/ (%,"'#9c -$ 4-$%0$1(*(%#% $+(-(*M -$ *(+"4(*$+#M/ (/ -9% 4$+#(/,(% +9/ %./'*90( '( !"#--$#/m^$**U p"( /9 49'.$/ '($0:"-$* N p"( *(+#:#(*9/ (- ,*$,$0#(/,9 '(/,*9 '( -$% 4*#0(*$% +"$,*9 %(0$/$% '( #/#+#9 '( -9% %./,90$% /("*94i,#+9%7 J$ 4-$%0$1(*(%#% ,$0:#U/ $+(-(*M -$ *(+"4(*$+#M/ (/ -9% 4$+#(/,(% p"( 49'.$/ '($0:"-$* N p"( 1"(*9/ ,*$,$'9% (/ -$% 4*#0(*$% '9% %(0$/$% '( -$ (/1(*0('$'7 D( *(+90#(/'$ ",#-#S$* 4$*$ (- ,*$,$0#(/,9 '( -9% 4$+#(/,(% +9/ %./'*90( '( !"#--$#/m^$**U2 #/0"/98-9:"-#/$ #/,*$V(/9%$ 9 4-$%0$1U*(%#%7 I/ -9% /#r9%c -$ #/0"/98-9:"-#/$ #/,*$V(/9%$ 4*9:$:-(0(/,( $+(-(*$ -$ *(+"4(*$+#M/ (/ +904$*$+#M/ +9/ (- ,*$,$0#(/,9 '( $49N9 %9-97 D( 9:%(*VM p"( -9% 4$+#(/,(% p"( *(+#:#(*9/ ,*$,$0#(/,9 +9/ #/0"/98-9:"-#/$ #/,*$V(/9%$ ,"V#(*9/ 0(/9% (1(+,9% $'V(*%9% $ '#1(*(/+#$ '( -9% ,*$,$'9% +9/ 4-$%0$1U*(%#% f'#1(*(/+#$ '( (1(+,92 P7\> 4ƒ\7\\\>g7 D( *(+90#(/'$ (- "%9 '( #/0"/98-9:"-#/$ #/,*$V(/9%$ +909 ,*$,$0#(/,9 '( (-(++#M/ (/ -9% 4$+#(/,(% +9/ %./'*90( '( !"#--$#/m ^$**U7 J$% '9%#% $-,$% '( #/0"/98-9:"-#/$ #/,*$V(/9%$ fL 8*5|85'9%#% ,9,$-g 1$V9*(+(/ "/$ *(%4"(%,$ 0$N9* p"( -$% '9%#% :$k$% '( #/0"/98-9:"-#/$ #/,*$V(/9%$ f> 8*5|85'9%#% ,9,$-g t'#1(*(/+#$ >O\
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0'( (1(+,92>7La 4ƒ\7Lu7 A%#0#%09c (- ,*$,$0#(/,9 +9/ "/ %"8#(*(/ *($-#S$* P %(%#9/(% '( 4-$%0$1U*(%#% (/ 4$+#(/,(% (%p"(0$ '( +#/+9 '.$% (% %"4(*#9* $- '( '9% '.$% f'#1(*(/+#$ +9/ (/1(*0('$' 09'(*$'$ 9 8*$V( f8*$'9 '( #/+$4$+#'$' O $ '( (1(+,9 \7Z[c 4ƒ\7Pg7 T '( -$ (%+$-$ '( R"83(%gc $%. +909 L %(%#9/(% 4$*$ $p"U--9% +9/ (/1(*0('$' -(V( f8*$'9 '( #/+$4$+#'$' \ $ L '( -$ (%+$-$ I%,"'#9% 3$/ '(09%,*$'9 p"( /9 (;#%,( '#1(*(/+#$ '( R"83(%g7 D( *(+90#(/'$ p"( (/ -9% +$%9% +9/ 8*$'9 8*$'9 %#8/#1#+$,#V$ '( -$ *(+"4(*$+#M/ $ -$% P %(0$/$% +9/ ('( #/+$4$+#'$' '( O $ T '( -$ (%+$-$ '( R"83(% %( *($-#+(/ P *U8#0(/ '( L8*5|5'9%#% ,9,$- +"$/'9 %( 4*949*+#9/$ (/ L M T %(%#9/(% '( 4-$%0$1U*(%#%c N (/ -9% +$%9% +9/ 8*$'9 '( '.$%7 I/ /#r9% N $'"-,9%c %( *(+90#(/'$ $'0#/#%,*$* #/+$4$+#'$' '( \ $ L '( -$ (%+$-$ '( R"83(% %( 4"('( --(V$* $ #/0"/98-9:"-#/$ #/,*$V(/9%$ $ '9%#% ,9,$- '( L8*5|8c (/ +$:9 L %(%#9/(%7 #/1"%#M/ +9/,#/"$ f+9/ :90:$ '( #/1"%#M/g '#V#'#'$ (/ '9% 9 +#/+9 '.$% '( $+"(*'9 -$% +9/'#+#9/(% 8(/(*$-(% N I/%$N9% +-./#+9% +9/,*9-$'9% 3$/ '(09%,*$'9 p"( (- "%9 '( +909*:#-#'$'(% '(- +$%97 J$ $'0#/#%,*$+#M/ ,(04*$/$ '( +9*,#+9%,(*9#'(% 9*$-(% *(,*$%$ -$ *(+"4(*$+#M/ '( -9% #/0"/98-9:"-#/$ #/,*$V(/9%$ f'(/,*9 '( -9% 4*#0(*9% +#/+9 4$+#(/,(% +9/ %./'*90( '( !"#--$#/m^$**U f4ƒ\7aL @= \7>Zc '.$% '( #/#+#$'9% -9% %./,90$%g *('"+( -$ (%,$/+#$ 39%4#,$-$*#$ >7PZg7 I/ "/ (%,"'#9 '( 0(,$$/i-#%#%c (/ (- p"( %( +904$*M ('( -9% 4$+#(/,(% fFHƒ>caYw =@ƒ\c\Pm\cYOg7 J$ #/0"/98-9:"-#/$ (1(+,9 '( -$ #/0"/98-9:"-#/$ #/,*$V(/9%$ %9-$ N +90:#/$'$ 3$ 09%,*$'9 :(/(1#+#9 $'0#/#%,*i/'9-$ 3$%,$ P %(0$/$% +9/ 0(,#-4*('/#%9-9/$ '"*$/,( T '.$%c /9 %( 9:%(*VM "/$ '(%4"U% '( 3$:(* #/#+#$'9 -9% %./,90$% /("*94i,#+9%7 D( '#1(*(/+#$ %#8/#1#+$,#V$ (/ -$ *(+"4(*$+#M/ '( -9% 4$+#(/,(% N *(+90#(/'$ p"( -$ #/0"/98-9:"-#/$ #/,*$V(/9%$ %( (/ -9% *(%"-,$'9%c $ -$*89 4-$S97 fHH >cLw @= '(- [Tq2 >c\ $ >cTw $'0#/#%,*( (/ -9% 4*#0(*9% T '.$% '(%4"U% '(- #/#+#9 '( -9% V$-9* '( 4 ƒ \c\Yg7 B9 (% *(+90(/'$:-( $'0#/#%,*$* %./,90$% '( -$ (/1(*0('$'c %#/ (0:$*89c 4"('( %(* X,#- 3$%,$ (%,(*9#'(% 9*$-(% /# 4$*(/,(*$-(% f0(,#-4*('/#%9-9/$g (/ -9% P %(0$/$% '(%4"U% '( #/#+#$'9% -9% %./,90$% /("*94i,#+9%7 4$+#(/,(% +9/ %./'*90( '( !"#--$#/m^$**U7 J$ $'0#/#%,*$+#M/ '( #/0"/98-9:"-#/$ #/,*$V(/9%$ 49%,(*#9* $ -$ 4-$%0$1U*(%#% /9 91*(+( "/ 0$N9* :(/(1#+#9 (/ -9% 4$+#(/,(% +9/ %./'*90( '( !"#--$#/m^$**U f'#1(*(/+#$ '( (1(+,92 m>c>Zc 4ƒ\7Lg7 B9 %( *(+90#(/'$ ",#-#S$* -$ +90:#/$+#M/ '( #/0"/98-9:"-#/$ #/,*$V(/9%$ N 4-$%0$1U*(%#%7 D( 3$ '(09%,*$'9 p"( -$ 4-$%0$1U*(%#% (% #8"$'( (1(+,#V$ p"( -$ $'0#/#%,*$+#M/ '( #/0"/98-9:"-#/$ #/,*$V(/9%$ (/ -9% 4$+#(/,(% +9/ %./'*90( '( !"#--$#/m ^$**U7 I/ "/ 0(,$$/i-#%#% %( 9:%(*VM p"( -$ 4-$%0$1U*(%#% (/ -9% 4$+#(/,(% +9/ D./'*90( '( !"#--$#/m^$**U 1"( 0i% (1#+$S +"$/'9 %( *($-#SM '(/,*9 '( -9% Z '.$% '(- #/#+#9 '(- 'U1#+#, 09,9*7 D#/ (0:$*89c 4"('(/ :(/(1#+#$*%( 3$%,$ -9% O\ '.$% '(%4"U% '(- #/#+#9 '( -9% %./,90$% '( -$ (/1(*0('$'7 I/ +$%9 '( /9 '#%49/(* '( #/0"/98-9:"-#/$ #/,*$V(/9%$c %( *(+90#(/'$ ",#-#S$* +909 $-,(*/$,#V$ 4-$%0$1U*(%#% (/ -9% 4$+#(/,(% +9/ %./'*90( '( !"#--$#/m^$**U7 B9 (;#%,(/ (%,"'#9% +-./#+9% %9:*( (- "%9 '( -$ 4-$%0$1U*(%#% +909 ,*$,$0#(/,9 '( /#r9% 0(/9*(% '( >L $r9% +9/ %./'*90( '( !"#--$#/m^$**U7 I/ +$%9 '( /9 +9/,$* +9/ #/0"/98-9:"-#/$ 4$*$ (- ,*$,$0#(/,9 '( -9% /#r9% 0(/9*(% '( >L $r9% '( ('$' +9/ %./'*90( '( !"#--$#/m^$**Uc %( *(+90#(/'$ +9/%#'(*$* +909 "/$ 49%#:-( $-,(*/$,#V$ -$ 4-$%0$1U*(%#%7 J9% (%,"'#9% '( (/%$N9% +-./#+9% 0"(%,*$/ p"( #/'(4(/'#(/,(0(/,( '( -$ 8*$V('$' '( -$ (/1(*0('$'c -$ 4-$%0$1U*(%#% ,#(/( "/ (1(+,9 :(/(1#+#9%9 (/ -9% 4$+#(/,(% $'"-,9%7 J9% *(%"-,$'9% '( '9% (/%$N9% +9/,*9-$'9% $-($,9*#9% *($-#S$'9% (/ 4$+#(/,(% +9/ %./'*90( '( !"#--$#/m ^$**Uc
?( $+"(*'9 $ V$*#$% %(*#(% '( 4$+#(/,(% +9/ %./'*90( '( !"#--$#/m ^$**Uc (- '9-9* %( 4*(%(/,M (/,*( (- OOq N Z>q '( -9% +$%9%7 J9% 0('#+$0(/,9% p"( %( ",#-#S$*9/ +909 4*#0(*$ -./($ '( 0$/(k9 1"(*9/ (- 4$*$+(,$09- N -9% $8(/,(% $/,##/1-$0$,9*#9% /9 (%,(*9#'(9% fA@BIg7 I- 4$*$+(,$09- 9 -9% $8(/,(% $/,##/1-$0$,9*#9% /9 (%,(*9#'(9% 4"('(/ ",#-#S$*%( +909 0('#+$0(/,9% '( 4*#0(*$ -./($ 4$*$ (- 0$/(k9 '(- '9-9* (/ 4$+#(/,(% +9/ %./'*90( '( !"#--$#/m ^$**U -(V( N 09'(*$'9w %( '(:(*i +9/%#'(*$* p"( +9/ 1*(+"(/+#$ /9 %9/ 0"N (1(+,#V9% N 49'*.$ *(p"(*#*%( '( 0('#$% '( $/$-8(%#$ $'#+#9/$-(%7 K/ (%,"'#9 09%,*M p"( (- ZTq '( -9% 4$+#(/,(% p"( *(+#:#(*9/ A@BI +909 ,*$,$0#(/,9 '( 4*#0(*$ (-(++#M/c *(p"#*#(*9/ 49%,(*#9*0(/,( $/$-8U%#+9% 94#9#'(% 9*$-(% 9 4$*(/,(*$-(% 4$*$ -98*$* (- +9/,*9- '(- '9-9*7 B#/8"/9 '( -9% 4$+#(/,(% 09%,*M (V#'(/+#$ '( '(4(/'(/+#$ 9 $'#++#M/w -9% 94#9#'(% /9 4$*(+#(*9/ +9/,*#:"#* $ -$ 4*(%(/,$+#M/ '( '(4*(%#M/ *(%4#*$,9*#$ (/ 4$+#(/,(% %#/ $49N9 V(/,#-$,9*#97 K/ (%,"'#9 p"( (;$0#/M 4*9%4(+,#V$0(/,( -$ #/+#'(/+#$ N -$ #/,(/%#'$' '(- '9-9* N p"( +"$/,#1#+M -$ *(%4"(%,$ $ -$ #/,(*V(/+#M/ 0U'#+$ 09%,*M2 O\q '( -9% 4$+#(/,(% p"( *(+#:#(*9/ "/$ +90:#/$+#M/ '( A@BI N 94#9#'( 9*$*(p"#*#(*9/ '( -$ $'0#/#%,*$+#M/ '( $/$-8U%#+9 94#9#'( #/,*$V(/9%97 ="$/'9 -9% A@BI /9 4*949*+#9/$/ $-#V#9 $'(+"$'9 '(- '9-9* %( *(+90#(/'$ -$ ",#-#S$+#M/ '( $/$-8U%#+9% 94#9#'(% 9*$-(% f'(;,*94*949;#1(/9g 9 4$*(/,(*$-(% f:"4*(/9*1#/$c 1(/,$/#-9gc $%9+#$'9% 9 /9 $ A@BI7 >O>
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0D# %( '(+#'( ",#-#S$*-9% %( '(:(/ 09/#,9*#S$* +"#'$'9%$0(/,( J$ #/09V#-#S$+#M/ '(:#'$ $- %./'*90( '( !"#--$#/m^$**U (% "/ (1(+,9% +9-$,(*$-(% +909 '(4*(%#M/ *(%4#*$,9*#$c 3#49,(/%#M/ 1$+,9* '( *#(%89 4$*$ (- '(%$**9--9 '( ,*90:9%#% V(/9%$ $*,(*#$- %#%,U0#+$c '#%09,#-#'$' 8$%,*9#/,(%,#/$- N '#%,(/%#M/ 4*91"/'$ ,$/,9 (/ /#r9% +909 (/ $'"-,9%7 I/ -9% 4$+#(/,(% V(%#+$- I/%$N9% +-./#+9% +9/,*9-$'9% 3$/ '(09%,*$'9 p"( (+*.,#+$0(/,( (/1(*09% (- "%9 4*91#-i+,#+9 '( (/9;$4$*#/$ fP\ "%9 '( $/$-8U%#+9% 94#9#'(% $%9+#$'9% $ $/,#+9/V"-%#V$/,(% 08 %":+",i/($ '#$*#$0(/,(g *('"+( -$ #/+#'(/+#$ '( '#%0#/"N( %#8/#1#+$,#V$0(/,( -$ '9%#% ,9,$- '( -9% 4*#0(*9% N ,*90:9%#% V(/9%$ 4*91"/'$ '(- >Tq (/ (- 8*"49 4-$+(:9 $ Tq 1$V9*(+( (- +9/,*9- '(- '9-9* (/ 4$+#(/,(% +9/ %./'*90( '( (/ (- 8*"49 '( 4$+#(/,(% p"( *(+#:( (- ,*$,$0#(/,97 I/ -9% !"#--$#/m^$**U7 4$+#(/,(% 39%4#,$-#S$'9% +9/ %./'*90( '( !"#--$#/m^$**U p"( /9 '($0:"-$/ %( *(+90#(/'$ (- "%9 '( (/9;$4$*#/$ K/ (%,"'#9 p"( +904$*M -$ +90:#/$+#M/ '( $/$-8U%#+9 %":+",i/($ 4*91#-i+,#+$ fP\ 08 '#$*#$0(/,(g 3$%,$ p"( %($/ 94#9#'( f1(/,$/#-9g +9/ 8$:$4(/,#/$ 9 +$*:$0$S(4#/$ 09%,*M +$4$+(% '( +$0#/$* '( 0$/(*$ #/'(4(/'#(/,(7 J$ ,(*$4#$ '( p"(c (- 8*"49 p"( *(+#:#M 8$:$4(/,#/$ 09%,*M /#V(-(% :$k9% +904*(%#M/ (-i%,#+$ 3$ (V#'(/+#$'9 +$4$+#'$' (/ -$ (/ -$ (%+$-$ '( '9-9*c +"$/'9 %( +904$*M +9/ -9% 8*"49% p"( 4*(V(/+#M/ '( ,*90:9%#% V(/9%$ 4*91"/'$ (/ (/1(*09% '( *(+#:#(*9/ +$*:$0$S(4#/$ N 4-$+(:9 f4 z \7\Tg7 I- +9/%"09 '( $-,9 *#(%897 ="$/'9 (%,$ +$4$+#'$' %( +904$*$ +9/ 0U,9'9% 1(/,$/#-9 1"( %#8/#1#+$,#V$0(/,( 0(/9* (/ -9% 8*"49% p"( '( 4*91#-$;#% p"( ",#-#S$/ 3(4$*#/$ 9 i+#'9 $+(,#-m%$-#+.-#+9 *(+#:#(*9/ 8$:$4(/,#/$ N +$*:$0$S(4#/$ +904$*$'9% +9/ ($%9+#$'9% $ ,(*$4#$ '( +904*(%#M/ (-i%,#+$c %( -98*$ "/$ 8*"49 +9/,*9- fT[\7P~OT7\ 0+8g f4 z \7\Tg \7\Tg7 D( 3$ 0$N9* (1(+,#V#'$' p"( +"$/'9 %( ",#-#S$/ X/#+$0(/,( *(49*,$'9 p"( -$ 8$:$4(/,#/$ N -$ +$*:$0$S(4#/$ %9/ 0('#+$0(/,9%7 D( *(+90#(/'$ (- "%9 '( 0('#$% (-i%,#+$%c '( (1(+,#V$% 4$*$ -$ *('"++#M/ '(- '9-9* (/ 4$+#(/,(% +9/ +904*(%#M/ >amL> 00R8c 3$%,$ -$ /9*0$- '($0:"-$+#M/ %./'*90( '( !"#--$#/m^$**U7 D( *(+90#(/'$ -$ ",#-#S$+#M/ '( '"*$/,( (- 4(*.9'9 '( 1$-,$ '( 09V#-#'$' V9-"/,$*#$7 8$:$4(/,#/$ 9 +$*:$0$S(4#/$ (/ +90:#/$+#M/ +9/ 1(/,$/#-9 4$*$ 0#,#8$* (- '9-9* 09'(*$'9 9 8*$V(7 J9% $/,#'(4*(%#V9% ,*#+#+-#9% 4"('(/ %(* '( ",#-#'$' +909 0$/(k9 $'N"V$/,( $ +9*,9 9 $ -$*89 4-$S9 4$*$ (- ,*$,$0#(/,9 '(- '9-9* EHAEA<@IBEF BF QAH
T $>>L '.$%g 49* -9% +$%9% (/ p"( /9 (;#%,$ 0(k9*.$ '(%4"U% '(- "%9 '( A@BIc -9 p"(c 49%,(*8$* -$ *($-#S$+#M/ '( ,*$p"(9%,90.$ 4"('( +$*:$0$S(4#/$ N 8$:$4(/,#/$7 '#%0#/"#* -$ (;49%#+#M/ $- *#(%89 '(- 4*9+('#0#(/,97 B9 %( J$ #/09V#-#S$+#M/ '(:#'$ $- %./'*90( '( !"#--$#/m^$**U (% "/ 1$+,9* '( *#(%89 4$*$ (- '(%$**9--9 '( ,*90:9%#% V(/9%$ 4*91"/'$ ,$/,9 (/ /#r9% +909 (/ $'"-,9%7 I/ -9% 4$+#(/,(% +*.,#+$0(/,( (/1(*09% (- "%9 4*91#-i+,#+9 '( (/9;$4$*#/$ fP\ 08 %":+",i/($ '#$*#$0(/,(g *('"+( -$ #/+#'(/+#$ '( ,*90:9%#% V(/9%$ 4*91"/'$ '(- >Tq (/ (- 8*"49 4-$+(:9 $ Tq (/ (- 8*"49 '( 4$+#(/,(% p"( *(+#:( (- ,*$,$0#(/,97 I/ -9% 4$+#(/,(% 39%4#,$-#S$'9% +9/ %./'*90( '( !"#--$#/m^$**U p"( /9 '($0:"-$/ %( *(+90#(/'$ (- "%9 '( (/9;$4$*#/$ %":+",i/($ 4*91#-i+,#+$ fP\ 08 '#$*#$0(/,(g 3$%,$ p"( %($/ +$4$+(% '( +$0#/$* '( 0$/(*$ #/'(4(/'#(/,(7 J$ ,(*$4#$ '( +904*(%#M/ (-i%,#+$ 3$ (V#'(/+#$'9 +$4$+#'$' (/ -$ 4*(V(/+#M/ '( ,*90:9%#% V(/9%$ 4*91"/'$ (/ (/1(*09% '( $-,9 *#(%897 ="$/'9 (%,$ +$4$+#'$' %( +904$*$ +9/ 0U,9'9% '( 4*91#-$;#% p"( ",#-#S$/ 3(4$*#/$ 9 i+#'9 $+(,#-m%$-#+.-#+9 $%9+#$'9% $ ,(*$4#$ '( +904*(%#M/ (-i%,#+$c %( -98*$ "/$ 0$N9* (1(+,#V#'$' p"( +"$/'9 %( ",#-#S$/ X/#+$0(/,( 0('#+$0(/,9%7 D( *(+90#(/'$ (- "%9 '( 0('#$% (-i%,#+$%c '( +904*(%#M/ >amL> 00R8c 3$%,$ -$ /9*0$- '($0:"-$+#M/ '"*$/,( (- 4(*.9'9 '( 1$-,$ '( 09V#-#'$' V9-"/,$*#$7
+9/9+(/ 1$+,9*(% p"( #/'#p"(/ -$ /(+(%#'$' '( V(/,#-$+#M/ 0(+i/#+$ 4*9-9/8$'$ (/ 4$+#(/,(% +9/ %./'*90( '( !"#--$#/m ^$**U7 I/ "/ (%,"'#9 '( 4$+#(/,(% %90(,#'9% $ ,*$p"(9%,90.$ /9 %( '(09%,*M '#1(*(/+#$ (/ -$ 09*,$-#'$' /# (/ (- ,#(049 '( (%,$/+#$ (/ -$ "/#'$' '( +"#'$'9% #/,(/%#V9%7 J$ *($-#S$+#M/ '( ,*$p"(9%,90.$ '(:( 49%,(*8$*%( '"*$/,( -$% L 4*#0(*$% %(0$/$% '( -$ #/,":$+#M/w %# -$% 4*"(:$% '( 1"/+#M/ *(%4#*$,9*#$ /9 0"(%,*$/ '$,9% '( 0(k9*.$ %( *(+90#(/'$ *($-#S$*-$c %# (;#%,(/ '$,9% '( *(+"4(*$+#M/ (% *(+90(/'$:-( 49%49/(* (- 4*9+('#0#(/,9 "/$ %(0$/$ $'#+#9/$-7 D( 4*(1#(*( (- "%9 '( ,*$p"(9%,90.$ 4(*+",i/($ (/ -9% +(/,*9% +9/ (;4(*#(/+#$ (/ %" *($-#S$+#M/7 E9'9 +$%9 '( 4$*i-#%#% 1-i+#'$ $8"'$ (/ 49:-$+#M/ 0(/9* '( >T $r9% '( ('$' %(*i +9/%#'(*$'9 +909 "/ 49%#:-( +$%9 '( 49-#90#(-#,#%w 49* ,$/,9c -$% $++#9/(% '( :-9p"(9 V$+"/$'(:(*i/ *($-#S$*%( '( 19*0$ #/0('#$,$ '( +9/19*0#'$' $ -$ B9*0$ F1#+#$- <(;#+$/$ BF
Zm DDALm>[[P 4$*$ -$ V#8#-$/+#$ (4#'(0#9-M8#+$c p"( +9/%#%,( (/2 >7m B9,#1#+$+#M/ #/0('#$,$ '(- +$%97 >OL
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,009V#-#'$' V9-"/,$*#$ (04-($* (k(*+#+#9% $+,#V9% $%#%,#'9%w (/ L7m E90$ '( 0"(%,*$ 4$*$ +"-,#V9 V#*$-7 +"$/,9 %($ 49%#:-( (k(*+#+#9% $+,#V9% -#:*(% o QU*"-$% (/ O7m A++#9/(% '( V$+"/$+#M/ '(/,*9 '( -$% 4*#0(*$% ZL 39*$%7 49%#+#M/ /(",*$ 4$*$ ,9:#--9% o QU*"-$% (/ 49%#+#M/ $/$,M0#+$ f](* '(1#/#+#9/(% 94(*$,#V$%g7 4$*$ 0$/9 o Ik(*+#+#9% '( *(%#%,(/+#$ 4*98*(%#V$ (/ 19*0$ 0$/"$- 9 0('#$/,( (p"#49% (%4(+.1#+9% o I/,*(/$0#(/,9 4$*$ D( *(+90#(/'$ V(*#1#+$* p"( %( --(V$*9/ $ +$:9 -$% $++#9/(% '( (- '(%4-$S$0#(/,9 (/ %#--$ '( *"('$% o Ik(*+#+#9% ,(/'#(/,(% $ :-9p"(9 V$+"/$- (/ -9% 0(/9*(% '( >T $r9% +9/ 4$*i-#%#% 1$V9*(+(* -$ :#4('(%,$+#M/ ( #/#+#9 '( -$ 0$*+3$ o 1-i+#'$ $8"'$ p"( 4*9+('$/ '( "/$ +-./#+$ 9 '( 9,*9 39%4#,$-7 H(('"+$+#M/ '( -$ 0$*+3$ o D# /9 %( +"(/,$ +9/ 0(%$ I/ +$%9 +9/,*$*#9 *($-#S$* '#+3$% $++#9/(%7 #/+-#/$:-( *($-#S$* V$*#$+#9/(% (/ -$ 49%#+#M/ '( -$ +$0$ +9/ #/+-#/$+#M/ 4*98*(%#V$ '( -$ +$0$ $ ,9-(*$/+#$ '(- 4$+#(/,( J$ J$ *(3$:#-#,$+#M/ %"49/( "/$ '#1(*(/+#$ 0(/%"*$:-( N ,(*$4#$ 9+"4$+#9/$- (/ (- 4$+#(/,( +9/ %./'*90( '( !"#--$#/m %#8/#1#+$,#V$ (/ (- (%,$'9 1"/+#9/$- N '(:(*.$ 91*(+(*%( $ ^$**U +904*(/'( (- (/,*(/$0#(/,9 '( -$% $+,#V#'$'(% '( -$ ,9'9% -9% 4$+#(/,(% +9/ %./'*90( '( !"#--$#/m^$**U7 V#'$ '#$*#$ +909 3#8#(/( 9*$- N 8(/(*$-c $-#0(/,$+#M/ N A4*9;#0$'$0(/,( (- P\q '( -9% 4$+#(/,(% 39%4#,$-#S$'9% 49* V(%,#'97 D( *(+90#(/'$ --(V$* $ +$:9 (- (/,*(/$0#(/,9 '( -$% %./'*90( '( !"#--$#/m^$**U *(p"#(*(/ *(3$:#-#,$+#M/ $+,#V#'$'(% '( -$ V#'$ '#$*#$ +9/ -$% $'$4,$+#9/(% /(+(%$*#$% #/,*$39%4#,$-$*#$7 D( *(+90#(/'$ p"( ,9'9% -9% 4$+#(/,(% +9/ 4$*$ +$'$ +$%97 J$ (V$-"$+#M/ '( -$ 0('#'$ '( #/'(4(/'(/+#$ %./'*90( '( !"#--$#/m ^$**U %($/ V$-9*$'9% 49* "/ 0U'#+9 '( 1"/+#9/$- f<@Qg %( 3$ $'94,$'9 +909 "/ +9/k"/,9 '( '$,9% 0('#+#/$ 1.%#+$ N *(3$:#-#,$+#M/ 4$*$ (%,$:-(+(* "/ 4*98*$0$ 4$*$ (V$-"$* (- 4*98*(%9 (/ -$ *(3$:#-#,$+#M/7 '( *(3$:#-#,$+#M/ (/ 19*0$ ,(04*$/$7 I% *(+90(/'$:-( p"( -9% 1$0#-#$*(% *(+#:$/ (/,*(/$0#(/,9 $+(*+$ -$% 0('#'$% '( *(3$:#-#,$+#M/ 4$*$ p"( --(V(/ $ +$:9 O %(%#9/(% $- '.$ +9/ (4$+#(/,( J$ 1#%#9,(*$4#$ 4"-09/$* +9/,*#:"N( $ 0#/#0#S$* +904-#+$+#9/(% +909 /("09/.$ 9 $,(-(+,$%#$ '"*$/,( -$ V(/,#-$+#M/ 0(+i/#+$ N '(%4"U% '( -$ (;,":$+#M/7 I% *(+90(/'$:-( (%,$:-(+(* 0('#'$% '( 1#%#9,(*$4#$ 4"-09/$* f(k(*+#+#9% *(%4#*$,9*#9%c 4(*+"%#M/c V#:*$+#M/c 09V#-#S$+#M/ ,9*i+#+$c '*(/$k( 49%,"*$-g '"*$/,( -$ 39%4#,$-#S$+#M/ '(4$+#(/,( +9/ %./'*90( '( !"#--$#/m^$**U7 I/ "/ 4*98*$0$ '( *(3$:#-#,$+#M/ %( #/'#+$2 o K%9 '( 0(%$ #/+-#/$:-( (/ p"#(/(% 4*(%(/,(/ '#%$",9/90#$% o )*9,9+9-9 '( 09V#-#S$+#M/ 4*98*(%#V$ p"( #/+-"N( $+,#V#'$'(% 4$*$ 0(k9*$* -$ 09V#-#'$' (/ -$ +$0$c (/ 49%#+#M/ %('(/,( N ,U+/#+$% '( ,*$/%1(*(/+#$ f+$0$ $ %#--$g +9/ 9 %#/ $%#%,(/+#$ J$ ,(*$4#$ 1.%#+$ #/+-"N( "/ 4*98*$0$ '( 09V#-#'$' :$%$'9 (/2 o <$/,(/#0#(/,9 '( -$ 49%,"*$ N $-#/($+#M/ +9*49*$- o <$/,(/#0#(/,9 '( -9% $*+9% '( 09V#-#'$' $*,#+"-$* o )*(V(/+#M/ '( +9/,*$+,"*$% (/ ,9:#--9% o <(k9*.$ '( -$ *(%#%,(/+#$ o Q9*,$-(+#0#(/,9 '( 8*"49% 0"%+"-$*(%7 o )*98*$0$ '( $0:"-$+#M/ 4*98*(%#V$ p"( #/#+#$ +9/ -$% ,U+/#+$% '( 09V#-#'$' (/ +$0$ N (- "%9 '( %#--$ '( *"('$% 3$%,$ p"( (- 4$+#(/,( '($0:"-$ +9/ $";#-#$*(% '( -$ 0$*+3$ J$ 1#%#9,(*$4#$ (% X,#- 4$*$ (V#,$* +9/,*$+,"*$% N 1$V9*(+(* -$ 09V#-#'$'7 D( *(+90#(/'$/ -$% %#8"#(/,(% 0('#'$% '( *(3$:#-#,$+#M/2 o A+,#V#'$'(% '#*#8#'$% $ 0(k9*$* -$ 09V#-#'$' (/ +$0$ #/+-"N(/'9 -$ $-#/($+#M/ '( %(80(/,9% +9*49*$-(% N (V#,$/'9 S9/$% '( 4*(%#M/ f'9/$%c +9-+3M/ '( $#*(g7 I/,*(/$0#(/,9 '( ,*$/%1(*(/+#$% o <(%$ #/+-#/$:-( (/ 19*0$ 8*$'"$- N 4*98*(%#V$ f(/ +$%9 '( +9/,$* +9/ (- *(+"*%9g o Ik(*+#+#9% 4$%#V9% $ ,9-(*$/+#$ $ -$% P (;,*(0#'$'(% 4$*$ 0$/,(/(* -9% $*+9% '( 09V#0#(/,9w (/ +"$/,9 #/#+#(
D( *(+90#(/'$ (V$-"$* (- 4*98*(%9 '( -$ ,(*$4#$ '( *(3$:#-#,$+#M/ 0('#$/,( -$ (%+$-$ '( -$ <@Q7 K/ (%+(/$*#9 +90X/ 4$*$ (- %./'*90( '( !"#--$#/m^$**U %(V(*9 (%2 *(3$:#-#,$+#M/ #/,*$39%4#,$-$*#$ 49* "/ 4(*#9'9 '( O $ Y %(0$/$% %(8"#'9 '( "/ 4*98*$0$ '( *(3$:#-#,$+#M/ $0:"-$,9*#9 N (/ +$%$ 49* O $ P 0(%(%7 J9% 4$+#(/,(% #/8*(%$'9% $ "/$ "/#'$' '( *(3$:#-#,$+#M/ '(/,*9 '( -$ 4*#0(*$ %(0$/$ '( *(+"4(*$+#M/c p"( '(%4"U% '( "/ 4*98*$0$ '( *(3$:#-#,$+#M/ '( O $ P %(0$/$% 4*(%(/,$/ 4*98*(%9c %9/ (8*(%$'9% 4$*$ +9/,#/"$* +9/ "/ 4*98*$0$ '( (k(*+#+#9% (/ +$%$ +9/ L $ O %(%#9/(% $ -$ %(0$/$ '( ,(*$4#$ 1.%#+$ +9/ 09V#-#S$+#9/(% $+,#V$% N *(19*S$0#(/,9 0"%+"-$* '"*$/,( P $ >\ %(0$/$%7 ?(%4"U% '( -$ ,(*$4#$ '( *(3$:#-#,$+#M/ 39%4#,$-$*#$ (% *(+90(/'$:-( +9/,#/"$* +9/ "/ 4*98*$0$ '( *(3$:#-#,$+#M/ $0:"-$,9*#9 N 49%,(*#9*0(/,( $ /#V(- '90#+#-#$*#9 $+9*'( $ -$% /(+(%#'$'(% '( +$'$ +$%97
=H@EIH@FD ?I HIQIHIB=@A J9% 4$+#(/,(% +9/ %9%4(+3$ '( %./'*90( '( !"#--$#/m^$**U '(:(/ ,*$%-$'$*%( (/ +9/'#+#9/(% $'(+"$'$% '( (%,$:#-#'$' V(/,#-$,9*#$c +$*'#$+$ N 3(09'#/i0#+$7 D( *(+90#(/'$ p"( ,9'9% -9% 4$+#(/,(% +9/ %9%4(+3$ '( %./'*90( '( !"#--$#/m ^$**U %($/ *(1(*#'9% $- 39%4#,$- 0i% +(*+$/9 (/ ,#(049 N '#%,$/+#$ p"( +"(/,( +9/ $49N9 V(/,#-$,9*#9 $'(+"$'9 D( *(+90#(/'$ *(1(*#* $ ,(*+(* /#V(- '( $,(/+#M/ $ -9% 4$+#(/,(% +9/ $-,$ %9%4(+3$ 9 +9/ '#$8/M%,#+9 '( %./'*90( '( !"#--$#/m >OO
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0^$**Uc +"$/'9 /9 %( +"(/,( +9/ -$% 0('#'$% '( ,*$,$0#(/,9 J9% 4$+#(/,(% +9/ %./'*90( '( !"#--$#/m ^$**U 4"('(/ (%4(+.1#+9 '( -$ (/1(*0('$' f#/0"/98-9:"-#/$ 9 4*(%(/,$* '#%$",9/90#$% +9092 o ^*$'#+$*'#$ f+9/ *#(%89 '( 4-$%0$1U*(%#%g7 J9% #/'#+$'9*(% '( 0$- 4*9/M%,#+9 (/ ((V9-"+#9/$* $ $%#%,9-#$g o =*#%#% '( 3#4(*,(/%#M/ 9 3#49,(/%#M/ %./'*90( '( !"#--$#/m^$**U %9/ -9% %#8"#(/,(%2 o I'$' 0$N9* o A-,(*$+#9/(% 3#'*9(-(+,*9-.,#+$% f3#49/$,*(0#$ ( '( YT $r9% o B(+(%#'$' '( V(/,#-$+#M/ 0(+i/#+$ o )*98*(%#M/ 3#49+$-(0#$g o A"0(/,9 (/ -$% %(+*(+#9/(% :*9/p"#$-(% 49* *i4#'$ '( -$ (/1(*0('$' o A/,(+('(/,( '( #/1(++#M/ 49* '#%1"/+#M/ '( -9% +#-#9% *(%4#*$,9*#9%7 =$04N-9:$+,(* k(k"/# 9 +#,90(8$-9V#*"% o IV#'(/+#$ D( *(+90#(/'$ -$ 09/#,9*#S$+#M/ '( -$ 1*(+"(/+#$ +$*'#$+$c (-(+,*91#%#9-M8#+$ '( '(8(/(*$+#M/ $;9/$- =*#,(*#9% '( 4*(%#M/ $*,(*#$- %#%,U0#+$ N :$-$/+( 3#'*9(-(+,*9-#,#+9 (/ -9% $'0#%#M/ '(- 4$+#(/,( +9/ +9/ D!^ (/ -$ K/#'$' '( ="#'$'9% 4$+#(/,(% +9/ %./'*90( '( !"#--$#/m^$**U 09'(*$'9 9 8*$V(7 @/,(/%#V9%2 o =$4$+#'$' V#,$- #/1(*#9* $ >L 0J5|8 o =$4$+#'$' I/ -9% +$%9% p"( 4*(%(/,(/ $/9*0$-#'$'(% *(%4#*$,9*#$% %( V#,$- #/1(*#9* $ >amL\ 0J5|8c $+904$r$'$ '( %#8/9% '( 1$,#8$ *(+90#(/'$ $%4#*$* -$% %(+*(+#9/(% :*9/p"#$-(% '#$1*$80i,#+$c #/+-"N(/'9 ,$p"#4/($c '#$19*(%#% N *(%4#*$+#M/ 1*(+"(/,(0(/,(7 I- T\q '( -9% 4$+#(/,(% +9/ %./'*90( '( 4$*$'Mk#+$ o E9% (%+$%$c ,(/'(/+#$ $ $+"0"-$* %(+*(+#9/(% (/ !"#--$#/m^$**U '(%$**9--$*i/ '#%$",9/90#$%c -$% 0i% V.$% *(%4#*$,9*#$%c /("09/.$ 49* $%4#*$+#M/ o ?(:#-#'$' 1*(+"(/,(% %9/ #-(9 N $-,(*$+#9/(% V(%#+$-(%7 J$ +9-9+$+#M/ '( 4*98*(%#V$ $%9+#$'$ $ ,*$%,9*/9% 4$*$ -$ '(8-"+#M/ o %9/'$ /$%98i%,*#+$ 3$ 09%,*$'9 ",#-#'$' 4$*$ (- 0$/(k9 '(E*$%,9*/9% $",9/M0#+9% 0$N9*(% f1-"+,"$+#9/(% $04-#$% '( -$ .-(97 J9% 4*9+#/U,#+9% (%,i/ +9/,*$#/'#+$'9% (/ -9% 4$+#(/,(% ,(/%#M/ $*,(*#$- N '(- 4"-%9c $**#,0#$%c :-9p"(9 +$*'.$+9c p"( 4*(%(/,$/ '#%$",9/90#$%7 J9% 4$+#(/,(% +9/ $-,(*$+#9/(% ('(0$ 4"-09/$*c .-(9 4$*$-.,#+9g o R#49,(/%#M/ 4*(+#4#,$'$ V(%#+$-(% %( :(/(1#+#$/ +9/ -$ +9-9+$+#M/ '( %9/'$ V(%#+$- ,#49 49* -$ 4-$%0$1U*(%#%c 9 +"$/'9 %( #/,(/,$ *($-#S$* Q9-(N 9 B(-$,9/7 )$*$ (- ,*$,$0#(/,9 '(- .-(9 %( *(+90#(/'$ 4-$%0$1U*(%#% (/ 4$+#(/,(% #/(%,$:-(% o D(4%#% 9 /("09/.$ o #/%,$-$* %9/'$ /$%98i%,*#+$7 D# %( 4*(%(/,$ 8-9:9 V(%#+$- N ?9-9* ,9*i+#+9 D( *(+90#(/'$ #/8*(%$* $ -$ "/#'$' '( *(,(/+#M/ "*#/$*#$ %( '(:(*i +9-9+$* %9/'$ V(%#+$- ,#49 Q9-(N +"#'$'9% #/,(/%#V9% $ 4$+#(/,(% +9/ %./'*90( '( !"#--$#/m 9 B(-$,9/7 D( *(+90#(/'$ -$ 09/#,9*#S$+#M/ N V#8#-$/+#$ '( -$ ^$**U 8*$V( (/ -9% %#8"#(/,(% +$%9%2 o E*$%,9*/9% $",9/M0#+9% "*(%#%c 4(*#%,$-%#%c '#%,(/+#M/ V(%#+$- N 4(*.0(,*9 $:'90#/$-c 0$N9*(% f1-"+,"$+#9/(% $04-#$% '( -$ ,(/%#M/ $*,(*#$- N '(4$*$ '(,(+,$* 949*,"/$0(/,( -$ 4*(%(/+#$ '( #-(9 9 *(,(/+#M/ 4"-%9c $**#,0#$%c :-9p"(9 +$*'.$+9c ('(0$ 4"-09/$*c .-(9 "*#/$*#$7 D( *(+90#(/'$ V$-9*$* N (/ %" +$%9 4*949*+#9/$* 4$*$-.,#+9g o R#49,(/%#M/ 4*(+#4#,$'$ 49* -$ 4-$%0$1U*(%#%c 9 $49N9 /",*#+#9/$- $ 4$*,#* '( -$% 4*#0(*$% ZL 39*$% '(- #/#+#9 +"$/'9 %( #/,(/,$ *($-#S$* 4-$%0$1U*(%#% (/ 4$+#(/,(% '( -$ (/1(*0('$'7 #/(%,$:-(% o D(4%#% 9 /("09/.$ o ="$'*9 +-./#+9 '( *i4#'$ @/%,$-$+#M/ I- ,#(049 '( -$ #/+$4$+#'$' %( (%,$:-(+( +9/19*0( $ -$% +9/'#+#9/(% +-./#+$% '"*$/,( N '(%4"U% '(- (V(/,9 D( *(+90#(/'$ +9/,*$**(1(*(/+#$ $ 4*#0(* /#V(- '( $,(/+#M/ $ /("*9-M8#+9c $%. +909 $- ,#49 '( ,*$:$k9 p"( *($-#S$7 I/ -9% 4$+#(/,(% +9/ %./'*90( '( !"#--$#/m ^$**U +"$/'9 %( $-8"/9% 4$+#(/,(%c (- ,#(049 '( #/+$4$+#'$' 4"('( %(* +"04-$/ -$% %#8"#(/,(% +9/'#+#9/(%2 o B9 (;#%,$ (V#'(/+#$ '( 4(*0$/(/,(c '(:#'9 $ -$% %(+"(-$% '( -$ (/1(*0('$'7 4*98*(%#M/ '( -$ (/1(*0('$' o B9 %( *(p"#(*$ '( V(/,#-$+#M/ 0(+i/#+$ /# '( 09/#,9*#S$+#M/ +9/,#/"$ o I- %#%,(0$ '( $-#0(/,$+#M/ (/,(*$- %($ 1"/+#9/$- o B9 (;#%,$ 4*9+(%9 #/1(++#9%9 $+,#V9 D( *(+90#(/'$ p"( -9% 4$+#(/,(% $'"-,9% +9/ %./'*90( '( !"#--$#/m ^$**U %($/ +9/,*$**(1(*#'9% $- %(8"/'9 /#V(- '( $,(/+#M/ +"$/'9 *(p"#(*$/ '( V(/,#-$+#M/ 0(+i/#+$ '"*$/,( 0i% '( L %(0$/$%7 I/ (- +$%9 '( -9% 4$+#(/,(% 4('#i,*#+9% %( *(+90#(/'$ -$ *(1(*(/+#$ $ %(8"/'9 /#V(-c $ 4$*,#* '( -$% +"$,*9 %(0$/$% '( (V9-"+#M/ '( -$ (/1(*0('$'7 I/ $0:9% +$%9% %( %"8#(*( p"( %($/ +9/,*$**(1(*#'9% +"$/'9 +"(/,(/ +9/ ,*$p"(9%,90#$c /9 (;#%,$/ '$,9% '( #/(%,$:#-#'$' 3(09'#/i0#+$ N (- %#%,(0$ '( $-#0(/,$+#M/ (/,(*$- %($ 1"/+#9/$-7
D( *(+90#(/'$ 4*949*+#9/$* #/+$4$+#'$' -$:9*$- +$'$ La '.$%c (V$-"$* $- 4$+#(/,( $- ,U*0#/9 '( -$ 0#%0$ 4$*$ '(,(*0#/$* %# %( *(p"#(*( (;4('#* #/+$4$+#'$' %":%(+"(/,( 9 %# (% 49%#:-( p"( %( *(#/,(8*( $- i0:#,9 -$:9*$-7
]@!@JAB=@A G DI!K@<@IBEF >OP
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0)"('( $4$*(+(* 8#/(+90$%,#$ (/ Zq '( -9% +$%9% N (% 0i% +90X/ (/ -9% ,"09*(% /9m%(0#/90$7 A-*('('9* '( >\q '( -9% +$%9%c %( 4*(%(/,$/ +9/ "/ +"$'*9 +-./#+9 p"( %(0(k$ 9*p"#(4#'#'#0#,#%7 D9%4(+3( (- '#$8/M%,#+9 '( +i/+(* ,(%,#+"-$*c $/,( -$ 4*(%(/+#$ '( -9% '$,9% +-./#+9% $/,(% 0(/+#9/$'9%7 J$ (;4-9*$+#M/ '(- 4$+#(/,( '(:( #/+-"#* "/ (;$0(/ 1.%#+9 +904-(,9c 4$*$ '(,(*0#/$* -$% +$*$+,(*.%,#+$% '( -$ ,"09*$+#M/ (/ ,(%,.+"-9c :X%p"('$ '( 0(,i%,$%#% $ )3!+* !'2$.&+ #"2 )"0)-%32+ "& )+#'0 '#%,$/+#$ f8$/8-#9 %"4*$+-$V#+"-$*c 0$%$ $:'90#/$-g N 2'0 "#'#"0 8#/(+90$%,#$7 I- >\q '( -9% 4$+#(/,(% +9/ +i/+(* ,(%,#+"-$*c 4*(%(/,$/ 3#%,9*#$ '( +*#4,9*p"#'#$7 D. -$ +*#4,9*p"#'#$ /9 %( *(4$*$ $/,(% '( -$ 4":(*,$'c -9% 4$+#(/,(% 4*(%(/,$/ (- '9:-( '( *#(%89 4$*$ '(%$**9--$* +i/+(* '( ,(%,.+"-97 ?(,(+,( N *($-#+( (/ 19*0$ ,(04*$/$ -$ +#*"8.$ +9**(+,#V$ '( +*#4,9*p"#'#$7 I- ,(/(* "/ 1$0#-#$* (/ 4*#0(* 8*$'9 +9/ +i/+(* ,(%,#+"-$*c $"0(/,$ (- *#(%89 '( 4$'(+(*-97 J9% V$*9/(% +9/ #/1(*,#-#'$' ,#(/(/ "/ *#(%89 0$N9* 4$*$ '(%$**9--$* +i/+(* ,(%,#+"-$* fFH '( L7aw @= [Tq >7O $ Y7\gc %"8#*#(/'9 -$ (;#%,(/+#$ '( 1$+,9*(% (,#9-M8#+9% +90"/(% 4$*$ #/1(*,#-#'$' N +i/+(* ,(%,#+"-$*7 I/ -9% 390:*(% +9/ $/,(+('(/,( '( %./'*90( '( n-#/(1(-,(* 9 '( /(94-$%#$ (/ ,(%,.+"-9 +9/,*$-$,(*$- %( #/+*(0(/,$ (- *#(%89 '( +i/+(* '( ,(%,.+"-97 @/%,*"N$ $ -9% 4$+#(/,(% p"( 4*(%(/,$/ 1$+,9*(% '( *#(%89 4$*$ '(%$**9--$* +i/+(* '( ,(%,.+"-9c 4$*$ p"( %( *($-#+(/ +9/ 1*(+"(/+#$ -$ $",9(;4-9*$+#M/ '( ,(%,.+"-9%7 B9 (;#%,( (V#'(/+#$ '( p"( -$ (;4-9*$+#M/ 0U'#+$ '( *",#/$ N -$ $",9(;4-9*$+#M/ 0(/%"$-c (/ V$*9/(% %#/ 1$+,9*(% '( *#(%89 N $%#/,90i,#+9%w 0(k9*(/ -9% *(%"-,$'9%c %#/ (0:$*89 %( 3$ '(09%,*$'9 p"( (;#%,( 0(k9* 4*9/9%,#+9 +"i/'9 %( *($-#S$ ('#$8/9%,#+9 (/ 19*0$ ,(04*$/$7 B9 %( *(+90#(/'$ (- (;$0(/ 0U'#+9 '( *",#/$c /# -$ $",9(;4-9*$+#M/ 0(/%"$- (/ 4$+#(/,(% %#/ 1$+,9*(% '( *#(%89 N $%#/,90i,#+9%c 4(*9 %. -$ $",9(;4-9*$+#M/ 1*(+"(/,( (/ 4$+#(/,(% +9/ 1$+,9*(% '( *#(%89 4$*$ 4*(%(/,$* +i/+(* ,(%,#+"-$*7
?@A!BCDE@=F I- +i/+(* ,(%,#+"-$* $1(+,$ +9/ 0$N9* 1*(+"(/+#$c $ -9% 390:*(% kMV(/(% (/ -$ ,(*+(*$ $ +"$*,$ 'U+$'$ '( -$ V#'$7 mJ$ 4*(%(/+#$ '( "/$ 0$%$ ,(%,#+"-$* %M-#'$ %#/ '9-9* (% 4$,98/90M/#+$ '( ,"09* '( ,(%,.+"-9 f4"('( #* 4*(+('#'$ '( "/$ *('"++#M/ '(- ,$0$r9 '(- ,(%,.+"-9g7 m)"('( 4*(%(/,$*%( '9-9* (/ (%+*9,9 +909 4*#0(* %./,90$ fL\qgc '9-9* -9+$fLZqg N '9-9* '( (%4$-'$ N 1-$/+9 f>>qg7
J$ %(/%#:#-#'$' '(- "-,*$%9/#'9 fKDg 4$*$ '(,(+,$* ,"09*(% ,(%,#+"-$*(% (% +(*+$/$ $ >\\qc ,$0:#U/ '(,(*0#/$ %# -$ 0$%$ (% #/,*$ 9 (;,*$ ,(%,#+"-$*7 I- KD (% "/$ 0U,9'9 '#$8/M%,#+9 :$*$,9 N /9 #/V$%#V9c 4(*9 #//(+(%$*#9 +"$/'9 (- ,"09* ,(%,#+"-$* (% +-./#+$0(/,( (V#'(/,(7 D( '(:( *($-#S$* KD (%+*9,$-c +909 4*#0(*$ 4*"(:$ '#$8/M%,#+$ (/ 4$+#(/,(% +9/ "/$ 0$%$ ,(%,#+"-$*7 H($-#+( KDc %# (;#%,(/ $-8"/9% '$,9% +-./#+9% 4$*$ %9%4(+3$* (- '#$8/M%,#+9 N 3$N '"'$ '( -$ 4*(%(/+#$ '( ,"09*$+#M/ ,(%,#+"-$*7 H($-#+( KD (/ 390:*(% kMV(/(% %#/ 0$%$ ,(%,#+"-$* 4$-4$:-( $ p"#(/(% %( -(% 3$N$ '(,(+,$'9 "/$ 0$%$ V#%+(*$- M *(,*94(*#,9/($- M (-(V$+#M/ '( -9% /#V(-(% %U*#+9% '( 39*09/$ 89/$'9,*91#/$ +9*#M/#+$ fR!=g 9 $-1$1(,94*9,(./$ fAQ)g7 J$ *(%9/$/+#$ 0$8/U,#+$ fH
\\q N (%4(+#1#+#'$' '( [T $ >\\qc 4$*$ (- '#$8/M%,#+9 '( ,"09* ,(%,#+"-$*c $'(0i% '( p"( 4"('( '#1(*(/+#$* -9% ,"09*(% ,#49 %(0#/90$ '( -9% /9 %(0#/90$c 4(*9 ,#(/( "/ +9%,9 $-,97 B9 ",#-#+( -$ H
%$EHAEA<@IBEF
>OT
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0J9% 8$/8-#9% %"4*$+-$V#+"-$*(% %9/ 0(k9* (V$-"$'9% 0('#$/,( J$ 9*p"#(+,90.$ *$'#+$- (% +9/%#'(*$'$ (- ,*$,$0#(/,9 4*#0$*#9 4$*$ -$ 0$N9*.$ '( -9% 4$+#(/,(% p"( 4*(%(/,(/ "/$ (;$0(/ 1.%#+97 J$ H(%9/$/+#$ <$8/U,#+$ fH
\q '( -9% +$%9% 4"('(/ /(+(%$*#$7 D( 4"('( +9/%#'(*$* -$ :#94%#$ V.$ #/8"#/$- '(4*(%(/,$* 4(p"(r9% /M'"-9% %": 4-("*$-(% /9 V#%#:-(% ,(%,.+"-9 +9/,*$-$,(*$- $/,( -$ 4*(%(/+#$ '( ,(%,.+"-9 *$'#98*i1#+$0(/,(7 B9 3$N %"1#+#(/,( (V#'(/+#$ 4$*$ k"%,#1#+$* +*#4,9*p".'#+9 9 '( 0$*+$'$ $,*91#$7 ?(:(*i *($-#S$*%( (- "%9 '(- E9098*$1.$ +9/ I0#%#M/ '( )9%#,*9/(% +9/ 9*p"#(+,90.$ *$'#+$- f#/8"#/$-g +9/ -#8$'"*$ '(- +9*'M/ $ /#V(>aQ1-"'(%9;#8-"+9%$ f)IEmQ?!g (/ -$ (%,$'#1#+$+#M/ '(- +i/+(* '(- $/#--9 #/8"#/$- #/,(*/9 (/ 4$+#(/,(% +9/ 0$%$ ,(%,#+"-$* '( ,(%,.+"-97 J$ (V$-"$+#M/ '(- %#%,(0$ /(*V#9%9 +(/,*$- fDB=gc %9%4(+39%$ +9**9:9*$'$ +9/ "-,*$%9/#'97 3"(%9 ( 3.8$'9 '(:( (1(+,"$*%( %# 3$N %9%4(+3$ '( (/1(*0('$' 0(,$%,i%#+$7 I1(+,"$* '(,(*0#/$+#M/ '( ?(:(*i +9/%#'(*$*%( -$ *($-#S$+#M/ '( :#94%#$ ,(%,#+"-$* V.$ 0$*+$'9*(% ,"09*$-(% %U*#+9% 49%,9*p"#(+,90.$7 ?(:(*i #/8"#/$- $/,( -$ 4*(%(/+#$ '( $/9*0$-#'$'(% #/,*$,(%,#+"-$*(% (1(+,"$*%( (;$0(/ 1.%#+9 +904-(,9 #/+-"N(/'9 *(8#9/(% 49* KDc ,$-(% +909 0$%$% 3#49(+9#+$% 9 0$+*9+$-+#1#+$+#9/(%7 %"4*$+-$V#+"-$*(% N ,(%,.+"-9 +9/,*$-$,(*$-c $%. +909 H; '( ?(:(*i +9/%#'(*$*%( -$ *($-#S$+#M/ '( :#94%#$ ,(%,#+"-$* V.$ ,M*$; N EA= $:'90#/94U-V#+$ 4$*$ "/$ $'(+"$'$ #/8"#/$- '(- ,(%,.+"-9 +9/,*$-$,(*$- $/,( -$ 4*(%(/+#$ '( (,$4#1#+$+#M/7 ?(:(*i V$-9*$*%( -$ *($-#S$+#M/ '( EA= '( ,M*$; +*#4,9*p"#'($ 9 $,*91#$ ,(%,#+"-$*7 B9 %( *(+90#(/'$ (1(+,"$* (/ 4$+#(/,(% +9/ ,"09*(% 8(*0#/$-(% /9 %(0#/90$,9%9%7 :#94%#$ ,(%,#+"-$* (/ 4*(%(/+#$ '( 0#+*9+$-+#1#+$+#9/(% %#/ ?(:(*i (V$-"$*%( +9/ #0$8(/ fEA= N KDg DB=c 3"(%9 ( 3.8$'9 /#/8"/$ 9,*$ $/9*0$-#'$' $/,( -$ %9%4(+3$ '( 0(,i%,$%#% (/ U%,9% M*8$/9%7 B9 %( *(+90#(/'$ (1(+,"$* E9098*$1.$ +9/ I0#%#M/ '( )9%#,*9/(% +9/ >aQ1-"'(%9;#8-"+9%$ f)IEmQ?!gc (/ -$ (,$4#1#+$+#M/ '(4$+#(/,( +9/ +i/+(* ,(%,#+"-$*7
IEA)@Q@=A=@CB
)$*$ '(,(*0#/$* -$ 4*(%(/+#$ '( 0(,i%,$%#% 9 (/1(*0('$' 9+"-,$c %( '(:(/ (V$-"$* -9% 0$*+$'9*(% %U*#+9% ,"09*$-(% f$/(;9 Y7Oc ,$:-$ Og -$ V.$ -#/1i,#+$ '(:( %(* (;4-9*$'$c $%. +909 '(%+$*,$* -$ 4*(%(/+#$ '( 0(,i%,$%#% V#%+(*$-(%7 D( '(:(/ (V$-"$*2 0$*+$'9*(% ,"09*$-(% %U*#+9% 49%,9*p"#(+,90.$c %,$,"% '( -9% 8$/8-#9% *(,*94(*#,9/($-(% N %"4*$+-$V#+"-$*(%c $%. +909 (- 3.8$'9c -$ 4*(%(/+#$ 9 $"%(/+#$ '( 8$/8-#9% 0('#$%,#/$-(% N 0(,i%,$%#% 4"-09/$*(%c $%. +909 (- %,$,"% '(- %#%,(0$ /(*V#9%9 +(/,*$- fDB=g N 3"(%9c %# (;#%,( $-8X/ %./,90$ %9%4(+39%97 J$ '#%0#/"+#M/ '(- /#V(- '( -9% 0$*+$'9*(% ,"09*$-(% %U*#+9% (/ 4$+#(/,(% +9/ (,$4$ +-./#+$ @c '(:( %(* (V$-"$'$ 3$%,$ %" /9*0$-#S$+#M/7 J$ 4(*%#%,(/+#$ '( 0$*+$'9*(% ,"09*$-(% %U*#+9% (-(V$'9% 49%,9*p"#(+,90.$ #/'#+$ -$ 4*(%(/+#$ '( (/1(*0('$' 0(,$%,i%#+$ f0$+*9 9 0#+*9%+M4#+$gc 0#(/,*$% p"( -$ /9*0$-#S$+#M/ '(- /#V(- '( -9% 0#%09% '(%4"U% '( -$ 9*p"#(+,90.$ /9 '(%+$*,$ -$ 4*(%(/+#$ '( 0(,i%,$%#% ,"09*$-7 J9% 8$/8-#9% *(,*94(*#,9/($-(% N 0('#$%,#/$-(% %9/ 0(k9* (V$-"$'9% 0('#$/,( ,9098*$1.$ $;#$+904",$'$ fEA=gc -$ +"$- ,#(/( "/$ %(/%#:#-#'$' '(- Z\ $- a\q7
=(*+$ '(- >TmL\q '( 4$+#(/,(% +9/ %(0#/90$ (/ (,$4$ +-./#+$ @c ,#(/(/ (/1(*0('$' %":+-./#+$ 0(,$%,i%#+$c 8(/(*$-0(/,( (/ *(,*94(*#,9/(97 <(,$m$/i-#%#% '( P (%,"'#9% (/ 4$+#(/,(% +9/ +i/+(* ,(%,#+"-$* 8(*0#/$- %(0#/90$,9%9% (,$4$ +-./#+$ @c 0"(%,*$/ 49*+(/,$k(% -#:*(% '( *(+"**(/+#$ $ T $r9% '( aLq7 ?(- >TmL\q '( -9% 4$+#(/,(% +9/ %(0#/90$ ,(/'*i/ *(+"**(/+#$ '"*$/,( -$ V#8#-$/+#$ %# /9 *(+#:(/ ,(*$4#$ $'N"V$/,(7 I- ,#(049 4*90('#9 '( *(+"**(/+#$ (% $4*9;#0$'$0(/,( '( >L 0(%(%c 4(*9 4"('(/ 4*(%(/,$*%( *(+"**(/+#$% '(%4"U% '( T $r9%7 J$% +U-"-$% 8(*0#/$-(% '( ,"09*(% %(0#/90$,9%9% %9/ (;,*(0$'$0(/,( *$'#9%(/%#:-(%c +9/ '9%#% '( L\mLP!N %( *('"+( (- 49*+(/,$k( '( *(+"**(/+#$ $ >mOq7 I- +$049 '( *$'#$+#M/ %(*i '( $+"(*'9 $- %#,#9 '(- ,"09* 4*#0$*#9 N '(:(*i #/+-"#* *(,*94(*#,9/(9 N 8$/8-#9% #-#$+9% #4%#-$,(*$-(%7 J$ p"#0#9,(*$4#$ +9/ > +#+-9 '( +$*:94-$,#/9 $4-#+$'$ (/ 4$+#(/,(% +9/ +i/+(* ,(%,#+"-$* %(0#/90$,9%9% (,$4$ +-./#+$ @c /9 0"(%,*$ '#1(*(/+#$ %#8/#1#+$,#V$ (/ 49*+(/,$k( '( *(+"**(/+#$ N %9:*(V#'$c (/ %(8"#0#(/,9 $ P $r9% V% -$ *$'#9,(*$4#$ fHEg7 I/ "/ (%,"'#9 >OY
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,04*9%4(+,#V9 /9 *$/'90#S$'9 +904$*$/'9 -$ HE V% -$ *$'#9-M8#+$0(/,(g7 )"('( 91*(+(*%( -$ V#8#-$/+#$c +909 "/ -#/1$'(/(+,90#$ *(,*94(*#,9/($- /("*9 4*(%(*V$'9*$ fJH)B)gc $-,(*/$,#V$ '( 0$/(k9 4*#0$*#9 (/ 4$+#(/,(% +9/ +i/+(* '( (/ 4$+#(/,(% +9/ %(0#/90$ (,$4$ +-./#+$ @c 3":9 "/ ,(%,.+"-9 /9 %(0#/90$ (,$4$ +-./#+$ @ '( :$k9 *#(%89c '( 49*+(/,$k( 0$N9* '( *(+"**(/+#$ *(,*94(*#,9/($- 49%,(*#9* $ +90X/ $+"(*'9 +9/ (- 4$+#(/,( fE$:-$ Zc A/(;9 Og7 D( -$ JH)B) +909 ,*$,$0#(/,9 4*#0$*#97 J$ V#8#-$/+#$c (/ *(+90#(/'$ -$ WE +9/ L +#+-9% '( ^I) (/ 4$+#(/,(% +9/ +i/+(* 4$+#(/,(% +9/ +i/+(* ,(%,#+"-$* %(0#/90$,9%9 (/ (,$4$ '( ,(%,.+"-9 /9 %(0#/90$ (,$4$ +-./#+$ @ '( $-,9 *#(%897 D( +-./#+$ @c %( *(+90#(/'$ +909 "/$ $-,(*/$,#V$ '( 0$/(k9 *(+90#(/'$ -$ JH)B) (/ 4$+#(/,(% +9/ +i/+(* '( ,(%,.+"-9 /9 4*#0$*#9 '( +90X/ $+"(*'9 +9/ (- 4$+#(/,( #/19*0$'9 %(0#/90$ (,$4$ +-./#+$ @c '( +90X/ $+"(*'9 +9/ (- 4$+#(/,(7 fA/(;9 Oc ,$:-$ Yg7 J$ *$'#9,(*$4#$ (/ 4$+#(/,(% +9/ +i/+(* I- 4*9+('#0#(/,9 '(:( *($-#S$*%( 49* "*M-989% (;4(*,9% N (/ ,(%,#+"-$* %(0#/90$,9%9 (/ (,$4$ +-./#+$ @c %( *(+90#(/'$ +(/,*9% '( $-,$ (%4(+#$-#'$'7 D( *(+90#(/'$ -$ WE +9/ O +#+-9% +909 0$/(k9 4*#0$*#9 '( +90X/ $+"(*'9 +9/ (- 4$+#(/,(7 D( '( ^I) (/ 4$+#(/,(% +9/ +i/+(* '( ,(%,.+"-9 /9 %(0#/90$ *(+90#(/'$ -$ p"#0#9,(*$4#$ +9/ > +#+-9 '( +$*:94-$,#/9 (,$4$ +-./#+$ @D7 +909 ,*$,$0#(/,9 4*#0$*#9 (/ 4$+#(/,(% +9/ +i/+(* '( I/ +i/+(* '( ,(%,.+"-9 %(0#/90$,9%9 (,$4$ +-./#+$ @@A N @@^c (,(%,.+"-9 %(0#/90$,9%9% (,$4$ +-./#+$ @c '( +90X/ $+"(*'9 (%,i/'$* '( ,*$,$0#(/,9 (% -$ *$'#9,(*$4#$ +9/ O\ !N N OY !N +9/ (- 4$+#(/,(7 B9 %( *(+90#(/'$ -$ JH) +909 ,*$,$0#(/,9 *(%4(+,#V$0(/,(c +9/ %9:*(V#'$ 8-9:$- +$%# '(- >\\q7 J9% 4*#0$*#9 (/ 4$+#(/,(% +9/ +i/+(* '( ,(%,.+"-9 %(0#/90$,9%9% 4$+#(/,(% +9/ +i/+(* '( ,(%,.+"-9 %(0#/90$,9%9% (,$4$ (,$4$ +-./#+$ @7 +-./#+$ @@^c 4"('(/ 0$/(k$*%( +9/ O +#+-9% '( ^I) 9 P '( I) fI,94M%#'9 N )-$,#/9g +909 "/$ $-,(*/$,#V$ $ -$ HE7 I/
L +i/+(* '( ,(%,.+"-9 /9 %(0#/90$ (,$4$ +-./#+$ @@A N @@^ +9/ 4*#0(*9% 0(%(% '( %(8"#0#(/,9c >Lq '"*$/,( (- %(8"/'9 0$*+$'9*(% ,"09*$-(% (-(V$'9%c +9/ O 9 P +#+-9% '( ^I) '( $r9c N Yq '"*$/,( (- ,(*+(* $r97 =(*+$ '(- OTq '( -9% $+"(*'9 $ -$ +-$%#1#+$+#M/ '( *#(%89 :$k9 9 #/,(*0('#97 4$+#(/,(% p"( 4*(%(/,$/ *(+"**(/+#$ ,(/'*i/ /#V(-(% '( 0$*+$'9*(% ,"09*$-(% %U*#+9% /9*0$-(%7 =(*+$ '(- Y\q '( -$% D( *(+90#(/'$ -$ WE (/ 4$+#(/,(% +9/ +i/+(* '( ,(%,.+"-9 *(+"**(/+#$% %(*i/ (/ (- *(,*94(*#,9/(9 N (- >>q %( %(0#/90$ (,$4$ +-./#+$ @@^ +9/ O +#+-9% '( ^I) 9 P '( I) +909 4*(%(/,$*i/ +909 (/1(*0('$' '( 8*$/ V9-"0(/7 D( "/$ $-,(*/$,#V$ $ -$ HE7 D( *(+90#(/'$ -$ JH)B) (/ 4$+#(/,(% +9/%#'(*$ "/ ,"09* '( ,(%,.+"-9 /9 %(0#/90$,9%9 '( :$k9 +9/ +i/+(* '( ,(%,.+"-9 /9 %(0#/90$ (,$4$ +-./#+$ @@A N @@^ *#(%89 f(/1(*0('$' 0(,$%,i%#+$ 9+"-,$g $p"(- p"( /9 ,(/8$ +9/ 0$*+$'9*(% ,"09*$-(% %U*#+9% /(8$,#V9%7 I/ +i/+(* '( #/V$%#M/ -#/19V$%+"-$*c /9 4*('90#/#9 '( +$*+#/90$ ,(%,.+"-9 %(0#/90$ N /9 %(0#/90$ (,$4$ +-./#+$ @@= N (,$4$ (0:*#9/$*#9 N ,"09* 0(/9* '(- Z\q '(- M*8$/97 D( 4"('( +-./#+$ @@@c (- ,*$,$0#(/,9 '( (-(++#M/ %9/ O 9 P +#+-9% '( WE 91*(+(* -$ V#8#-$/+#$ +909 "/$ $-,(*/$,#V$ '( 0$/(k9 4*#0$*#9 +9/ ^I) '( $+"(*'9 $ -$ +-$%#1#+$+#M/ '( *#(%897 $ 4$+#(/,(% +9/ +i/+(* '( ,(%,.+"-9 /9 %(0#/90$,9%9 (,$4$ D( *(+90#(/'$ (/ 4$+#(/,(% +9/ +i/+(* '( ,(%,.+"-9 +-./#+$ @c '( :$k9 *#(%89c (/ +$%9 '( *(+"**(/+#$ (% %"%+(4,#:-( %(0#/90$ N /9 %(0#/90$ (,$4$ +-./#+$ @@= N (,$4$ +-./#+$ @@@c '( *(%+$,( +9/ p"#0#9,(*$4#$7 D( 3$ '(09%,*$'9 p"( +9/ -$ -$ $4-#+$+#M/ '( O 9 P +#+-9% '( WE +9/ ^I) '( $+"(*'9 $ -$ $4-#+$+#M/ '( L +#+-9% '( p"#0#9,(*$4#$ +9/ ^I) f^-(90#+#/$c +-$%#1#+$+#M/ '( *#(%897 I,94M%#'9 N )-$,#/9gc (/ 4$+#(/,(% +9/ +i/+(* '( ,(%,.+"-9 /9 %(0#/90$ (,$4$ +-./#+$ @c +9/ *#(%89 $-,9 f#/V$%#M/ -#/19V$%+"-$* N p"( ,#(/(/ T\q '( 4*9:$:-#'$' '( *(+$.'$gc -$ ,$%$ '( *(+"**(/+#$ (% '( L7Zqc %#/ $1(+,$+#M/ '( -$ 1(*,#-#'$' =H@EIH@FD ?I HIQIHIB=@A /# '( -$ $+,#V#'$' %(;"$-7 I/ -$ JH) (/ 4$+#(/,(% +9/ +i/+(* '( ,(%,.+"-9 /9 %(0#/90$ (,$4$ +-./#+$ @c %( (/+"(/,*$ O\q '( )$+#(/,(% +9/ ,"09* ,(%,#+"-$* +9/ %9%4(+3$ '( 0$-#8/#'$' 0(,i%,$%#% 8$/8-#9/$* *(,*94(*#,9/($- p"( +9**(%49/'( $ '(:(*i/ %(* 94(*$'9% f9*p"#(+,90.$ *$'#+$-g (/ %(8"/'9 /#V((,$4$ +-./#+$ 0i% $V$/S$'$ f(,$4$ @@g7 D( 3$ '(09%,*$'9 -$ 9 (/V#$'9% $ ,(*+(* /#V(- +"$/'9 /9 %( +"(/,( +9/ -9% (1#+$+#$ '( O +#+-9% '( p"#0#9,(*$4#$ fWEg +9/ ^I) (/ *(+"*%9% ,U+/#+9mp"#*X*8#+9% 9 *(+"*%9% 3"0$/9% /(+(%$*#9% 4$+#(/,(% +9/ +i/+(* '( ,(%,.+"-9 /9 %(0#/90$c (,$4$ +-./#+$ 4$*$ (1(+,"$* -$ 9*p"#(+,90.$ *$'#+$-7 J9% 4$+#(/,(% (/V#$'9% @D f4(*%#%,(/+#$ '( 0$*+$'9*(% ,"09*$-(% %U*#+9% (-(V$'9% $ ,(*+(* /#V(- '(:(*i/ %(* (/V#$'9% +9/ -$ 0$N9* +$/,#'$' '( 49%,9*p"#(+,90.$c (/ p"#(/(% /9 %( '(0"(%,*$ 0(,i%,$%#% >OZ
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0(%,"'#9% 49%#:-(% 4$*$ %" (,$4#1#+$+#M/ fKD!c 0$*+$'9*(% ,"09*$-(% %U*#+9%c E(-( '( EM*$;c EA= $:'90#/9 4U-V#+$ +9/ '9:-( +9/,*$%,(g7 J9% 4$+#(/,(% 94(*$'9% '( 9*p"#(+,90.$ *$'#+$- 49* ,"09* ,(%,#+"-$*c '(:(*i/ %(* (/V#$'9% $ ,(*+(* /#V(- +"$/'9 %( *(p"#(*$ (- $49N9 '( F/+9-98.$
]@!@JAB=@A G DI!K@<@IBEF J$ 0$N9*.$ '( -$% *(+"**(/+#$% 49%,(*#9* $ -$ ,(*$4#$ +"*$,#V$ %( 4*(%(/,$/ '(/,*9 '( -9% L 4*#0(*9% $r9%7 J$% *(+$.'$% ,$*'.$% 9+"**(/ '(%4"U% '( T $r9% 49* -9 p"( %( %"8#(*( (%(8"#0#(/,9 $/"$- '( 49* V#'$7 ?(%4"U% '( -$ JH)B) -$% *(+"**(/+#$% (/ *(,*94(*#,9/(9 %9/ 49+9 1*(+"(/,(%c (- %#,#9 0$% +90X/ (% $ /#V(- '( ,M*$;7 J$ H; '( EM*$; ,#(/( $-,9 V$-9* 4*('#+,#V9 $- #8"$- p"( -$ EA=7 J9% 4$+#(/,(% +9/ +i/+(* '( ,(%,.+"-9 %(0#/90$ N /9 %(0#/90$ '(:(*i/ ,(/(* V#8#-$/+#$ 49%,(*#9* $ -$ ,(*$4#$ 4*#0$*#$ 0./#09 '"*$/,( >\ $r9%7 )$+#(/,(% 94(*$'9% '( 9*p"#(+,90.$ *$'#+$- *(p"#(*(/ 4$*$ %" *(+"4(*$+#M/ L> '.$% '( #/+$4$+#'$' +909 0./#097 )$+#(/,(% 94(*$'9% '( JH)B) *(p"#(*(/ 4$*$ %" *(+"4(*$+#M/ PT '.$% '( #/+$4$+#'$' +909 0./#097 )$+#(/,(% %90(,#'9% $ HE N59 WE (- ,#(049 '( #/+$4$+#'$' '(4(/'(*i '(- ,#(049 '( '"*$+#M/ '( -$ ,(*$4#$ c +909 0./#09 O\ '.$%7
>Oa
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0,$:$p"#%097 D( *(+90#(/'$ (V#,$* 9 %"%4(/'(* (- "%9 '(,$:$+97
'#"&+%'*%$&+!' .60)*$%+ "& ,'%$"&)"0 '#32)+0 J$ ('$' 0$N9* $ TT $r9% N (- %(;9 0$%+"-#/9c %9/ 1$+,9*(% '( *#(%89 4$*$ 4*(%(/,$* +i/+(* 8i%,*#+97 D( *(+90#(/'$ "/$ V#8#-$/+#$ (%,*(+3$ '( 4$+#(/,(% 0$%+"-#/9% +9/ 0i% '( TT $r9% N ,$:$p"#%09 #049*,$/,(c p"( 4*(%(/,(/ '$,9% +-./#+9% '( '#%4(4%#$ '( #/#+#9 *(+#(/,(7 I%,"'#9% '( +$%9% N +9/,*9-(% 3$/ (/+9/,*$'9 "/$ $%9+#$+#M/ /(8$,#V$ (/,*( "/$ '#(,$ p"( +9/,(/8$ V#,$0#/$ = N (- +i/+(* 8i%,*#+97
D( *(+90#(/'$ (- +9/%"09 '( 1*",$% N V(8(,$-(% 1*(%+9% p"( +9/,(/8$/ V#,$0#/$ =7 B9 3$N (V#'(/+#$ '( p"( -9% %"4-(0(/,9% +9/ $/,#9;#'$/,(% *('"S+$/ (- *#(%89 '( +i/+(* 8i%,*#+97 B9 %( *(+90#(/'$ (- "%9 '( %"4-(0(/,9% +9/ $/,#9;#'$/,(% 4$*$ *('"+#* (- *#(%89 '( +i/+(* 8i%,*#+97 I%,"'#9% '( +$%9% N +9/,*9-(% 3$/ 09%,*$'9 "/$ $%9+#$+#M/ 49%#,#V$ (/,*( -$ #/8(%,$ '( %$- N /#,*$,9%5/#,*#,9% f$-#0(/,9% $3"0$'9%g +9/ (- +i/+(* 8i%,*#+97 D( *(+90#(/'$ (V#,$* -$ #/8(%,$ '( $-#0(/,9% %$-$'9% 9 $3"0$'9%7 I- ,$:$+9 (% "/ 1$+,9* '( *#(%89 #/'(4(/'#(/,( 4$*$ +i/+(* 8i%,*#+9c 4*(%(/,$/'9 "/$ $%9+#$+#M/ '9%#% '(4(/'#(/,(7 K/ (%,"'#9 '( +939*,( *($-#S$'9 (/ I"*94$c (%,#0M p"( (- >Z7Y q '( -9% +i/+(*(% 8i%,*#+9% (/ (%$ *(8#M/ %9/ $,*#:"#:-(% $,$:$p"#%097 D( *(+90#(/'$ (V#,$* 9 %"%4(/'(* (- "%9 '(,$:$+97
?@A!BCDE@=F D( *(+90#(/'$ (- +9/%"09 '( 1*",$% N V(8(,$-(% 1*(%+9% p"( +9/,(/8$/ V#,$0#/$ =7 B9 3$N (V#'(/+#$ '( p"( -9% %"4-(0(/,9% +9/ $/,#9;#'$/,(% *('"S+$/ (- *#(%89 '( +i/+(* 8i%,*#+97 B9 %( *(+90#(/'$ (- "%9 '( %"4-(0(/,9% +9/ $/,#9;#'$/,(% 4$*$ *('"+#* (- *#(%89 '( +i/+(* 8i%,*#+97 I%,"'#9% '( +$%9% N +9/,*9-(% 3$/ 09%,*$'9 "/$ $%9+#$+#M/ 49%#,#V$ (/,*( -$ #/8(%,$ '( %$- N /#,*$,9%5/#,*#,9% f$-#0(/,9% $3"0$'9%g +9/ (- +i/+(* 8i%,*#+97 D( *(+90#(/'$ (V#,$* -$ #/8(%,$ '( $-#0(/,9% %$-$'9% 9 $3"0$'9%7 I- ,$:$+9 (% "/ 1$+,9* '( *#(%89 #/'(4(/'#(/,( 4$*$ +i/+(* 8i%,*#+9c 4*(%(/,$/'9 "/$ $%9+#$+#M/ '9%#% '(4(/'#(/,(7 K/ (%,"'#9 '( +939*,( *($-#S$'9 (/ I"*94$c (%,#0M p"( (- >Z7Y q '( -9% +i/+(*(% 8i%,*#+9% (/ (%$ *(8#M/ %9/ $,*#:"#:-(% $,$:$p"#%097 D( *(+90#(/'$ (V#,$* 9 %"%4(/'(* (- "%9 '(,$:$+97 D( *(+90#(/'$ (- +9/%"09 '( 1*",$% N V(8(,$-(% 1*(%+9% p"( +9/,(/8$/ V#,$0#/$ =7 B9 3$N (V#'(/+#$ '( p"( -9% %"4-(0(/,9% +9/ $/,#9;#'$/,(% *('"S+$/ (- *#(%89 '( +i/+(* 8i%,*#+97 B9 %( *(+90#(/'$ (- "%9 '( %"4-(0(/,9% +9/ $/,#9;#'$/,(% 4$*$ *('"+#* (- *#(%89 '( +i/+(* 8i%,*#+97 I%,"'#9% '( +$%9% N +9/,*9-(% 3$/ 09%,*$'9 "/$ $%9+#$+#M/ 49%#,#V$ (/,*( -$ #/8(%,$ '( %$- N /#,*$,9%5/#,*#,9% f$-#0(/,9% $3"0$'9%g +9/ (- +i/+(* 8i%,*#+97 D( *(+90#(/'$ (V#,$* -$ #/8(%,$ '( $-#0(/,9% %$-$'9% 9 $3"0$'9%7 I- ,$:$+9 (% "/ 1$+,9* '( *#(%89 #/'(4(/'#(/,( 4$*$ +i/+(* 8i%,*#+9c 4*(%(/,$/'9 "/$ $%9+#$+#M/ '9%#% '(4(/'#(/,(7 K/ (%,"'#9 '( +939*,( *($-#S$'9 (/ I"*94$c (%,#0M p"( (- >Z7Y q '( -9% +i/+(*(% 8i%,*#+9% (/ (%$ *(8#M/ %9/ $,*#:"#:-(% $-
I- ?(4$*,$0(/,9 '( D$-"' '( @/8-$,(**$ *(+90#(/'$ #/V(%,#8$* -$ 4*(%(/+#$ '( +i/+(* 8$%,*9#/,(%,#/$- $-,9 (/ 4$+#(/,(% 0$N9*(% '( TT $r9% +9/ '$,9% '( '#%4(4%#$ /9 +904-#+$'$7 A -9% 4$+#(/,(% +9/ '$,9% '( '#%4(4%#$ /9 +904-#+$'$c %( -(% 4"('( 91*(+(* #/#+#$-0(/,( "/ ,*$,$0#(/,9 0U'#+9 '( 4*"(:$ 49* Y 0(%(%7 )$+#(/,(% +9/ '$,9% '( '#%4(4%#$ /9 +904-#+$'$ N ,*$,$0#(/,9 0U'#+9c p"( /9 4*(%(/,(/ 0(k9*.$ $ -9% Y 0(%(% 9 p"( 4*(%(/,(/ *(+"**(/+#$ '( -$ '#%4(4%#$c %( -(% '(:( *($-#S$* (/'9%+94#$7 )$+#(/,(% +9/ 9 %#/ '#%4(4%#$ N +"$-p"#(* %./,90$ '( $-$*0$ f'#%1$8#$c 4U*'#'$ '( 4(%9c $/9*(;#$c V90#,9 *(+"**(/,(c %$/8*$'9 '#8(%,#V9g #/'(4(/'#(/,(0(/,( '( -$ ('$'c %( -( '(:( *($-#S$* (/'9%+94#$7 A -9% 4$+#(/,(% +9/ ('$' v TT $r9% N '#%4(4%#$ /9 +904-#+$'$c %( -(% '(:( *($-#S$* (/'9%+94#$ 4$*$ '(%+$*,$* +i/+(* 8i%,*#+97 I- /X0(*9 '( %./,90$% '( $-$*0$ (/ 4$+#(/,(% +9/ +i/+(* 8i%,*#+9c +9**(-$+#9/$ +9/ (- (%,$'#9 '(,"09*2 $ 0$N9* /X0(*9 '( %./,90$% '( $-$*0$c (%,$'#9 0i% $V$/S$'9 '( -$ (/1(*0('$'7 I- 4*90('#9 '( %9:*(V#'$ (/ 4$+#(/,(% +9/ %./,90$% '( $-$*0$c '(%'( %" '(,(++#M/ (% '( Z $ >> 0(%(%c +904$*$'9 +9/ LP $ O[ 0(%(% 4$*$ 4$+#(/,(% %#/ %./,90$% '( $-$*0$7 I/ 4$+#(/,(% +9/ +i/+(* 8i%,*#+9c -$ '"*$+#M/ '( -9% %./,90$%c /9 %( *(-$+#9/$ +9/ 4(9* 4*9/M%,#+97 @/V(%,#8"( -$ 4*(%(/+#$ '( %./,90$% '( $-$*0$ (/ -9% 4$+#(/,(% +9/ '#%4(4%#$c 4$*$ '(%+$*,$* '$,9% p"( %"8#(*$/ '#$8/M%,#+9 '( +i/+(* 8i%,*#+97 J$ (/'9%+94#$ 8$%,*9#/,(%,#/$- $-,$c ,#(/( "/$ %(/%#:#-#'$' '( [\ q 4$*$ (- '#$8/M%,#+9 '( +i/+(* 8i%,*#+9c 4(*0#,( -$ ,90$ >O[
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0'( :#94%#$ N (V#,$ (- "%9 '( *$'#$+#M/ #9/#S$/,(7 I- (/'9%+94#9 8i%,*#+$ p"( %($/ +$/'#'$,9% $ "/ ,*$,$0#(/,9 +"*$,#V97 J$ 1-(;#:-( (% 0i% %(8"*9 p"( (- *.8#'9 4$*$ (- '#$8/M%,#+9 '( -$4$*9%+94#$ (% X,#- 4$*$ (V$-"$* 0(,i%,$%#% (/ 4(*#,9/(9 N59 +i/+(* 8i%,*#+97 D( *(+90#(/'$ -$ (/'9%+94#$ 1-(;#:-( 9+"-,$% $ -$ EA=c (/ 4$+#(/,(% +9/ 4*9:$:-( $'(/9+$*+#/90$ 8$%,*9#/,(%,#/$- $-,$ +9/ ,90$ '( :#94%#$c +909 (8i%,*#+9 *(%(+$:-(7 4*9+('#0#(/,9 '( (-(++#M/ 4$*$ (- '#$8/M%,#+9 (/ 4$+#(/,(% J$ -$4$*9%+94#$ ,#(/( "/$ %(/%#:#-#'$' '(- aa q N "/$ +9/ %9%4(+3$ '( +i/+(* 8i%,*#+97 I- "%9 '( ,#/+#9/(% fJ"89-c (%4(+#1#+#'$' '(- >\\ q 4$*$ (%,$:-(+(* *(%(+$:#-#'$'7 DM-9 %( +$*0./ ./'#89g '"*$/,( -$ (/'9%+94#$c 4"('( 0(k9*$* -$ *(+90#(/'$ -$ -$4$*9%+94#$ %. (- ,"09* 8i%,*#+9 (% '(,(++#M/ '( -(%#9/(% 4(p"(r$% 9 4*( 0$-#8/$% B9 %( +9/%#'(*$'9 4$*$ ,*$,$0#(/,9 p"#*X*8#+9 #/#+#$-7 J$ +#,9-98.$ *(+90#(/'$ '( 19*0$ *",#/$*#$ (- "%9 '( ,#/+#9/(% '"*$/,( -$ 4(*#,9/($- %( $%9+#$ $ *(%"-,$'9% 1$-%9% 49%#,#V9%7 B9 %( (/'9%+94#$c 4(*9 4"('( %(* '( V$-9* (/ 4$+#(/,(% *(+90#(/'$ '( 0$/(*$ *",#/$*#$ -$ +#,9-98.$ 4(*#,9/($-7 J$ %(-(++#9/$'9%7 *(%9/$/+#$ 0$8/U,#+$ fH
EHAEA<@IBEF IDEA?@Q@=A=@CB J$ (%,$'#1#+$+#M/ 4*( 94(*$,9*#$ (% (%(/+#$- 4$*$ (%,$:-(+(* (0(k9* ,*$,$0#(/,9 $ %(8"#*7 J$ (%,$'#1#+$+#M/ +-./#+$ 3$ 0(k9*$'9 +9/ (- $V$/+( '( -$% ,U+/#+$% '( #0$8(/7 J$ ,9098*$1.$ +904",$*#S$'$ fEA=g +9/ 0('#9 '( +9/,*$%,( (% (0U,9'9 /9 #/V$%#V9 0i% (;$+,9 f%(/%#:#-#'$' '( 3$%,$ Zaq N (%4(+#1#+#'$' '( [Lqg 4$*$ '(,(+,$* 0(,i%,$%#% $ '#%,$/+#$7 J$ ,9098*$1.$ +9/ (0#%#M/ '( 49%#,*9/(% fEI)gc ,#(/( "/$ (%4(+#1#+#'$' 0$N9* f[Lqg N "/$ %(/%#:#-#'$' 0(/9* fTYqg p"( -$ EA= 4$*$ -$ '(,(++#M/ '( 8$/8-#9% -#/1i,#+9% 49%#,#V9%7 J$ '(,(++#M/ M4,#0$ '( 0(,i%,$%#% 3(4i,#+$%c %( -98*$ ,90$/'9 -$ #0$8(/ (/ -$ 1$%( V(/9%$ 49*,$-7 B9 %( *(+90#(/'$ (- "%9 *",#/$*#9 '( EI)c 4$*$ *($-#S$* -$ (%,$'#1#+$+#M/ 4*(94(*$,9*#$7 A -9% 4$+#(/,(% $ p"#(/(% %( -(% *($-#S$ (- '#$8/M%,#+9 '( +i/+(* 8i%,*#+9 49* 4*#0(*$ 9+$%#M/c %( '(:(*i '( *($-#S$* +9/ 1#/(% '( (%,$'#1#+$+#M/ fV(* A/(;9 Y7O E$:-$ >g2 3#%,9*#$ +-./#+$ N (;$0(/ 1.%#+9 +904-(,9% $%. +909 (/'9%+94#$ +904-(,$ '(- ,*$+,9 8$%,*9#/,(%,#/$- $-,9c +#,90(,*.$ 3(0i,#+$ +904-(,$c p".0#+$ %$/8"./($c ,#(049% '( +9$8"-$+#M/c 4*"(:$% '( 1"/+#M/ 3(4i,#+$c EA= ,9*i+#+$c EA= $:'90#/$-c EA= 9 KD! '( 4(-V#% (/ -$% 0"k(*(% N 4*"(:$ '( '(,(++#M/ '( R7 4N-9*#7 I- "-,*$%9/#'9 (/'9%+M4#+9 fKDIgc 3$ '(09%,*$'9 %(* %"4(*#9* $ -$ EA= (/ '9% (%,"'#9% 4*9%4(+,#V9% +(8$'9%c 4$*$ (%,$:-(+(* (- E f4*91"/'#'$' '(,"09*g N B f(%,$'9 8$/8-#9/$*g7 I- KDI ,#(/( "/$ %(/%#:#-#'$' 4$*$ (%,$:-(+(* (- E p"( V$ '(- ZZ7a q $- >\\ q N "/$ (%4(+#1#+#'$' '( TZ7[ $- >\\ q7 D( *(+90#(/'$ (- KDI (/ ,9'9% -9% 4$+#(/,(% +9/ +i/+(* 8i%,*#+9 N '( -$ "/#M/ (%M1$89m
J$ WE f1-"9*9"*$+#-9 N -("+9V9*#/gmHE fPT !Ng '(:( '( (04-($*%( (/ -9% 4$+#(/,(% +9/ +i/+(* 8i%,*#+9 EL $ EP +9/ 9 %#/ 8$/8-#9% 49%#,#V9%c p"( %( ,*$,$*9/ '( 0$/(*$ #/#+#$- +9/ +#*"8.$ f%#(04*( N +"$/'9 (;#%,$ (- (p"#49 '( H$'#9,(*$4#$ +9/19*0$+#9/$9 (%,(*(9,$;#+$g7 J$ p"#0#9,(*$4#$ 4(*#94(*$,9*#$ fWE /(9$'N"V$/,( N $'N"V$/,(g +9/ I=Q f(4#**":#+#/$c +#%4-$,#/9 N 1-"9*9"*$+#-9g (/ +i/+(* 8i%,*#+9 *(%(+$:-( 0(k9*$ -$ %9:*(V#'$ 8-9:$- $ T $r9% fLO q %#/ WE V% OY q +9/ WEg7 J$ p"#0#9,(*$4#$ 4(*#94(*$,9*#$ +9/ I=Q %( '(:( '( (04-($* (/ -9% 4$+#(/,(% +9/ $'(/9+$*+#/90$ 8i%,*#+9 ‚ EL +9/%#'(*$'9% *(%(+$:-(%7 J$ p"#0#9,(*$4#$ 4$-#$,#V$ '#%0#/"N( (- *#(%89 '( 0"(*,( (/ "/ Y> q +904$*$'$ +9/ 0(k9*(% +"#'$'9% '( %949*,( (/ 4$+#(/,(% +9/ +i/+(* 8i%,*#+9 #**(%(+$:-( 9 0(,$%,i%#+97 J$ p"#0#9,(*$4#$ '( +90:#/$+#M/ f1-"9*9"*$+#-9c $/,*$+#+-#/$ N 4-$,#/9g 0(k9*$ -$ %9:*(V#'$ (/ "/ >T q (/ +904$*$+#M/ $ 09/9,(*$4#$7 I- +$4(+#,$:#/( N 9;$-#4-$,#/9 %9/ ,$/ (1(+,#V9% +909 1-"9*9"*$+#-9 N +#%4-$,#/9c (/ 4$+#(/,(% +9/ +i/+(* 8i%,*#+9 $V$/S$'9 9 0(,$%,i%#+9 4*(V#$0(/,( /9 ,*$,$'9%7 J$ p"#0#9,(*$4#$ '( +90:#/$+#M/ +9/ '9+(,$;(-c +#%4-$,#/9 N 1-"9*9"*$+#-9 f?=Qg -98*$ "/$ 0('#$/$ '( %9:*(V#'$ 8-9:$- '( [7L 0(%(%c 0(k9*$/'9 -$ +$-#'$' '( V#'$7 B9 3$N (%p"(0$ '( p"#0#9,(*$4#$ (%,i/'$* '( %(8"/'$ -./($7 D( *(+90#(/'$ -$ p"#0#9,(*$4#$ 4$-#$,#V$ (/ -9% 4$+#(/,(% +9/ (%,$'9 1"/+#9/$fI=F!c V(* A/(;9 Y7O E$:-$ Lg Lc 0#(/,*$% p"( -9% 4$+#(/,(% +9/ I=F! ‚ O %( '(:(*i/ ,*$,$* +9/ 0(k9*(% +"#'$'9% '( %949*,(7 D( *(+90#(/'$ -$ p"#0#9,(*$4#$ +9/ ,*#4-( $8(/,( f(4#**":#+#/$ 9 '9+(,$;(-c +#%4-$,#/9 N 1-"9*9"*$+#-9g (/ 4$+#(/,(% +9/ (,$4$ $V$/S$'$ N (%,$'9 1"/+#9/$- '( \ M >7 D( >P\
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0'(:(*i '( V$-9*$* *#(%89 :(/(1#+#9 '(- (04-($* p"#0#9,(*$4#$ %( *(+90#(/'$ (/ 19*0$ 8(/(*$- *($-#S$* '#%(++#9/(% ?Lc '( +90:#/$+#M/ (/ 4$+#(/,(% +9/ (,$4$ $V$/S$'$ N (%,$'9 $"/p"( (;#%,( (V#'(/+#$ '( "/ 4(p"(r9 8*"49 '( 4$+#(/,(% 1"/+#9/$- '( L7 I- +$4(+#,$:#/( N 9;$-#4-$,#/9 49'*i/ %"4-#* $p"( %( :(/(1#+#$*9/ '( (--$c $"/ (% #049%#:-( (%,$:-(+(* -$% 1-"9*9"*$+#-9 N +#%4-$,#/9 *(%4(+,#V$0(/,( (/ (- (%p"(0$ '( #/'#+$+#9/(% '( %" "%97 I=Q7 B9 %( *(+90#(/'$ "/ ,*$,$0#(/,9 '( p"#0#9,(*$4#$ '( %(8"/'$ -./($ +909 (%,i/'$*7 J$ +90:#/$+#M/ '( '(;$0(,$%9/$ N 9/'$%(/,*9/c +9/,*9-$ 0(k9* -$ /$"%($ $8"'$ $%9+#$'$ $ p"#0#9,(*$4#$ fZ>qg (/ +904$*$+#M/ +9/ 9/'$%(/,*9/ %M-9 fTPqg N 4-$+(:9 fP[qg7 I- "%9 '( 4$-9/9%(,*9/ $%9+#$'9 $ '(;$0(,$%9/$ (% %"4(*#9* (/ +9/,*9- '( -$ /$"%($ $8"'$ N ,$*'.$ (/ +904$*$+#M/ +9/ 9/'$%(/,*9/7 D( *(+90#(/'$ (- "%9 '( '(;$0(,$%9/$ 0$% 9/'$%(/,*9/ 4$*$ (- +9/,*9- '( /$"%($ $%9+#$'$ $ p"#0#9,(*$4#$7 )$-9/9%(,*9/ %( *(+90#(/'$ 4$*$ (%p"(0$% +9/ 49,(/+#$- $-,9 '( (0(%#% ,$*'#$7 J$ %9:*((;4*(%#M/ '( R(*L /("c %( 4*(%(/,$ (/ "/ L\q '( -9% +$%9% '( +i/+(* 8i%,*#+97 I- "%9 '( 3(*+(4,#/ f"/ $/,#+"(*49 09/9+-9/$-gc +9/ (%p"(0$ '( p"#0#9,(*$4#$ f+#%4-$,#/9 ~ Tm1-"9*9"*$+#-9g (/ 4$+#(/,(% +9/ (/1(*0('$' $V$/S$'$c *(49*,$ "/ :(/(1#+#9 (/ %9:*(V#'$ 8-9:$- '( >O7T 0(%(% V(*%"% >> 0(%(%c '#%0#/"+#M/ '(- *#(%89 '( 0"(*,( '(- LYq7 D( *(p"#(*( 0$N9* (V#'(/+#$ 4$*$ *(+90(/'$* +909 ,*$,$0#(/,9 (%,i/'$* (- 3(*+(4,#/ $%9+#$'9 $ p"#0#9,(*$4#$ (/ 4*#0(*$ -./($ (/ +i/+(* 8i%,*#+9 $V$/S$'97 J$ *(%(++#M/ (/'9%+M4#+$ '( -$ 0"+9%$ fHI
V% ?L fHHƒ\7[Tc @=[Tqg N %# (;#%,( "/ $"0(/,9 '( -$ 09*,$-#'$' 49%,94(*$,9*#$ +9/ ?L fHHƒL7LO @= [Tqg7 I/ -$ $+,"$-#'$' /9
=H@EIH@FD ?I HIQIHIB=@A G =FBEHAHHIQIHIB=@A =$/$-#S$* $- %(8"/'9 /#V(- '( $,(/+#M/ 4$*$ -$ *($-#S$+#M/ '( (/'9%+94.$ $2 o )$+#(/,(% +9/ '$,9% '( '#%4(4%#$ /9 +904-#+$'$ N ,*$,$0#(/,9 0U'#+9c p"( /9 4*(%(/,(/ 0(k9*.$ $ -9% Y 0(%(% 9 p"( 4*(%(/,(/ *(+"**(/+#$ '( -$ '#%4(4%#$ o )$+#(/,(% +9/ 9 %#/ '#%4(4%#$ N +"$-p"#(* %./,90$ '( $-$*0$2 '#%1$8#$c 4U*'#'$ '( 4(%9c $/9*(;#$c V90#,9 *(+"**(/,( M %$/8*$'9 '#8(%,#V9c #/'(4(/'#(/,(0(/,( '( -$ ('$' )$+#(/,(% +9/ '#$8/M%,#+9 3#%,94$,9-M8#+9 '( A'(/9+$*+#/90$ !i%,*#+9 p"( *(p"#(*$/ 0$/(k9 p"#*X*8#+9 N59 0U'#+9 N p"( /9 4"('$/ %(* 0$/(k$'9% (/ %(8"/'9 /#V(-c 49*p"( /9 %( '#%49/8$ '(- *(+"*%9 3"0$/9c 0$,(*#$- 9 '( 0('#+$0(/,9%7 A -9% 4$+#(/,(% p"( N$ *(+#:#(*9/ "/ ,*$,$0#(/,9 +"*$,#V9 N p"( %" %(8"#0#(/,9 (% 1$+,#:-( 49* +9/,$* +9/ (%4(+#$-#%,$ (/ (- i*($ N *(+"*%9% 0$,(*#$-(%7 A -9% 4$+#(/,(% +9/%#'(*$'9% 1"(*$ '( ,*$,$0#(/,9 p"#*X*8#+9 p"( *(p"#(*$/ "/$ +#*"8.$ '(*#V$,#V$ f:N4$%%g N p"( 4"('$ %(* 1$+,#:-( '( *($-#S$*%( (/ %" 39%4#,$- '( %(8"/'9 /#V(-7 A -9% 4$+#(/,(% +9/%#'(*$'9% 1"(*$ '( ,*$,$0#(/,9 p"#*X*8#+9 N 0U'#+9 '( ,(*+(* /#V(- '( $,(/+#M/ p"( *(p"#(*$/ 9 /9 '( +"#'$'9% 4$-#$,#V9%7 A -9% 4$+#(/,(% p"( N$ *(+#:#(*9/ "/ ,*$,$0#(/,9 +"*$,#V9 N p"( +"04-#(*9/ "/ %(8"#0#(/,9 '( T $r9% %#/ (V#'(/+#$ '( (/1(*0('$'7 A -9% 4$+#(/,(% p"( %( '(%+$*,( (- '#$8/M%,#+9 '( $'(/9+$*+#/90$ 8i%,*#+9 (/ :$%( $- 4*9,9+9-9 '( (%,"'#9 *($-#S$'97
]@!@JAB=@A G DI!K@<@IBEF D( '(:(*i '( *($-#S$* "/ %(8"#0#(/,9 f3#%,9*#$ +-./#+$ N (;$0(/ 1.%#+9 +904-(,9%c +#,90(,*.$ 3(0i,#+$ N p".0#+$ %$/8"./($w -9% (%,"'#9% '( #0$8(/ N (/'9%+94#$ %9-9 %# +-./#+$0(/,( (%,i/ k"%,#1#+$'9%g $ ,9'9% -9% 4$+#(/,(% +$'$ P $ Y 0(%(% -9% 4*#0(*9% O $r9% N 49%,(*#9*0(/,( $/"$-7 D( *(+90#(/'$ "/ %(8"#0#(/,9 '( +$'$ P $ Y 0(%(% -9% 4*#0(*9% O $r9% N 49%,(*#9*0(/,( $/"$-c '(:(*i '( #/+-"#* 3#%,9*#$ +-./#+$ N (;$0(/ 1.%#+9 +904-(,9%c +#,90(,*.$ 3(0i,#+$ N p".0#+$ %$/8"./($7 J$ *($-#S$+#M/ '( (%,"'#9% '( #0$8(/ N >P>
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0(/'9%+94#$ %( '(:(*i '( *($-#S$* (/ +$%9 '( %9%4(+3$ '( *(+"**(/+#$7 J9% 4$+#(/,(% %90(,#'9% $ "/$ 8$%,*(+,90.$ *$'#+$- %#/ +904-#+$+#9/(% *(p"#(*(/ #/+$4$+#'$' -$:9*$- 49* "/ -$4%9 4*90('#9 '( La '.$%7 J9% 4$+#(/,(% +9/%#'(*$'9% 4$*$ "/ ,*$,$0#(/,9 '( WEmHE *(p"#(*(/ '( "/$ #/+$4$+#'$' -$:9*$49* "/ -$4%9 4*90('#9 '( P 0(%(% p"( 49'*.$ (;,(/'(*%( 49* +904-#+$+#9/(% *(-$+#9/$'$% $- ,*$,$0#(/,97 J9% 4$+#(/,(% +9/%#'(*$'9% 4$*$ "/ ,*$,$0#(/,9 '( WE 4(*#94(*$,9*#$ *(p"#(*(/ '( "/$ #/+$4$+#'$' -$:9*$- 49* "/ -$4%9 4*90('#9 '( P $ Y 0(%(% p"( 49'*.$ (;,(/'(*%( 49* +904-#+$+#9/(% *(-$+#9/$'$% $- ,*$,$0#(/,97 J9% 4$+#(/,(% (/ (,$4$% $V$/S$'$% p"( %($/ 9 /9 ,*$,$'9% +9/ p"#0#9,(*$4#$ '(:(*i V$-9*$*%( %" 4(/%#M/ '( #/V$-#'(S 4(*0$/(/,(7
>PL
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0D( *(49*,M "/$ $%9+#$+#M/ '#*(+,$0(/,( 4*949*+#9/$- (/,*( "/ ./'#+( '( 0$%$ +9*49*$- f@<=g 0$N9* N (- *#(%89 '( +i/+(* '( +9-9/ (/ 0"k(*(%2 o @<= v '( L[ n!50L 09%,*M "/ H#(%89 H(-$,#V9 '( >7PT f@=[Tq2>7\LmL7\Zg +904$*$'9 +9/ 0"k(*(% +9/ "/ @<= z '( L> n!50L7 I/ "/ (%,"'#9 %( +904$*9 0"k(*(% p"( *($-#S$:$/ (k(*+#+#9 +9/,*$ 49:-$+#M/ %('(/,$*#$c %( (/+9/,*M p"( -$ 4*$+,#+$ '(- (k(*+#+#9 (% "/ 1$+,9* 4*9,(+,9* +9/ "/ H#(%89 H(-$,#V9 '( \7TP f@=[Tq2\7OOm\7[\g7
%6&%"* #" %+2+& 1 *"%)+ &+ >"*"#$)'*$+
QA=EFHID ?I H@ID!F D( 3$ 4*94"(%,9 -$ '#(,$ +909 "/ 1$+,9* p"( 4*('#%49/( 4$*$ (- '(%$**9--9 '( +i/+(* +9-M *(+,$-7 D#/ (0:$*89 (;#%,( +9/,*9V(*%#$ *(%4(+,9 $ -9% /",*#(/,(% (%4(+.1#+9% 9 +90:#/$+#9/(% '( (%,9%7 D( 3$ +90(/,$'9 $ -$ #/8(%,$ '( +$-9*.$% +909 "/ 1$+,9* p"( 4*('#%49/( $- '(%$**9--9 '( +i/+(* +9-M *(+,$- (/ *(-$+#M/ '#*(+,$0(/,( 4*949*+#9/$- $ -$ +$/,#'$' '( -$ #/8(%,$7 D( +9/%#'(*$ $ 0(/9* #/8(%,$ +909 (1(+,9 4*9,(+,9* +9/ "/ H#(%89 H(-$,#V9 '( \7YL7 D#/ (0:$*89 (- #/%,#,",9 $0(*#+$/9 '( #/V(%,#8$+#M/ '( $-#0(/,9%c /",*#+#M/ N 4*(V(/+#M/ '(+i/+(* +9/%#'(*9 "/$ *(-$+#M/ (%,*(+3$ (/,*( -$ 9:(%#'$' N (+i/+(* +9-M *(+,$- /9 (/ *(-$+#M/ $ -$% +$-9*.$% %#/9 $- $-,9 +9/%"09 '(2 o !*$%$% '( 9*#8(/ $/#0$- o )9:*( #/8(%,$ '( 1#:*$ V(8(,$- I%,"'#9% (4#'(0#9-M8#+9% '(%+*#:(/ %#/ $%9+#$+#M/ (/,*( -$ #/8(%,$ '( 1*",$%c V(*'"*$% N (- +i/+(* +9-M *(+,$-7 D( +9/%#'(*$ +909 1$+,9* '( *#(%89 -$ #/8(%,$ '( +$*/(% *9k$% N 8*$%$% 4$*$ (- +i/+(* '( +9-9/c +9/ "/ H#(%89 H(-$,#V9 '( >7\a f@=[Tq2 \7[\ A >7L[g7
I/ "/ 0(,$ $/i-#%#% N (%,"'#9 '( +939*,( %( 9:%(*V9 p"( (+9/%"09 '( $-+939- (% "/ 1$+,9* '( *#(%89 '( +i/+(* '( +9-9/c +9/ "/$ H$SM/ '( <90#9% '( O7T f@=[Tq >7Lm>7[g7 D( *(49*,M "/$ *(-$+#M/ '#*(+,$0(/,( 4*949*+#9/$- (/,*( -$ +$/,#'$' '( $-+939- +9/%"0#'9 N (- +i/+(* +9-M *(+,$-2 o @/8(%,$ '( LT85'.$c +9/ "/ *#(%89 '( >7\af@=[Tq >7\Ym>7>\g o @/8(%,$ '( >\\85'.$ +9/ "/ *#(%89 '( >7Oaf@= [Tq '( >7L[m >7P[g7 D( *(+9/9+( p"( (- ,$:$p"#%09 /9 (% +$"%$ '( +i/+(* '( +9-9/7 D#/ (0:$*89 %( 3$ '(09%,*$'9 +909 1$+,9* '( *#(%89 4$*$2 o )M-#49% $'(/90$,9%9% +9/ "/ H#(%89 *(-$,#V9 '( >7[T f@=[Tq >7>\mO7PZg7 o =9/ "/$ *(-$+#M/ '#*(+,$0(/,( 4*949*+#9/$- (/,*(2 >7 I- /X0(*9 '( +#8$**9% 49* '.$ L7 E#(049 '( (;49%#+#M/ $- 3"09 '(- +#8$**9 O7 BX0(*9 N (,$0$r9 '( -9% 4M-#49% $'(/90$,9%9%7 D( *(+90#(/'$ "/$ '#(,$ (p"#-#:*$'$ (/ +$*/(% *9k$ 0$8*$c *#+$ (/ 1*",$%c V(8(,$-(%c 1#:*$ N :$k$ (/ 8*$%$% '( 9*#8(/ $/#0$-7 I- (k(*+#+#9 1.%#+9 09'(*$'9 %( $%9+#$ +9/ "/$ '#%0#/"+#M/ '( *#(%89 '( +i/+(* 49* -9 p"( %( *(+90#(/'$ 3$+(* (k(*+#+#9 (/ 19*0$ 1*(+"(/,( (/,*( O7T N P 39*$% 49* %(0$/$7 D( +9/%#'(*$ +909 :"(/$ 4*i+,#+$ 0('#+$ (V#,$* 9 %"%4(/'(* (- $-+939-#%097 @/19*0$* $ -9% #/'#V#'"9% +9/ ,$:$p"#%09 49%#,#V9 (- *#(%89 '( '(%$**9--$* 4M-#49% $'(/90$,9%9% 49* -9 p"( %( *(+90#(/'$ (V#,$* 9 %"%4(/'(* (- ,$:$p"#%097 D( *(+9/9+( 1$+,9*(% %9+#9'(098*i1#+9% $%9+#$'9% $ "/$ 0$N9* #/+#'(/+#$ '( +i/+(* +9-9 *(+,$-2 o v I'$' $ 4$*,#* '( -9% T\ $r9% 3$%,$ -9% ZY $r9%
D#/ (0:$*89 "/ 0(,$/i-#%#% *($-#S$'9 (/ L\\> *(49*,9 $ -$ #/8(%,$ '( +$*/(% *9k$% +9/ 8*$%$ +909 1$+,9* '( *#(%89 4$*$ (- +i/+(* +9-M *(+,$-c (/ *(-$+#M/ $ -$ +$/,#'$' '( 8*$%$ (/ +904$*$+#M/ '( -$ +$*/( *9k$ 0$8*$7 D( +9/%#'(*$ +$*/( *9k$ +9/ 8*$%$2 o =$*/( '( +(*'9 o E(*/(*$ o =9*'(*9 I;#%,( '#V(*%9% (%,"'#9% p"( '(0"(%,*$/ +9/,*9V(*%#$ (/,*( -$ #/8(%,$ N -$ +$/,#'$' '( '#V(*%9% 0#+*9 /",*#(/,(%2 o =$-+#9 o ]#,$0#/$ ' o ]#,$0#/$ ( o Q9-$,9% o <(,#9/#/$ A%9+#$'9 $ -$ 4*(V(/+#M/ '(- +i/+(* +9-M *(+,$-7
o D(;9 0$%+"-#/9 o H$S$ /(8*$ o Ak"%,$'$ 49* ('$' -$ ,$%$ '( #/+#'(/+#$ '(- ++* (% 0$N9* (/ 390:*(% p"( (/ 0"k(*(%2 Y\7a V%7 PP7Y 49* +$'$ >\\7\\\ #/'#V#'"9%7 J$ *$S$ /(8*$ 4*(%(/,$ "/$ 09*,$-#'$' '(%4*949*+#9/$'$0(/,( 0$N9*c -9 p"( *(4*(%(/,$ (- '9:-( '( -$ 09*,$-#'$' '( -9% 3#%4$/9% N $%#i,#+9%7 J$ -9+$-#S$+#M/
>PO
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0$/$,M0#+$ '(- +i/+(* +9-9 *(+,$- %( *(-$+#9/$ +9/ -$ ('$'c %#/ #/1-$0$,9*#$ #/,(%,#/$- o %#/ 3#%,9*#$ 1$0#-#$* '( +i/+(* +9-M '#1(*(/+#$ (/ *(-$+#M/ $- 8U/(*9 N *$S$7 *(+,$- (/2 >7 Q$0#-#$* '( 4*#0(* 8*$'9 '#$8/9%,#+$'9 $/,(% '( -9% Y\ $r9% L7 ?9% 1$0#-#$*(% '( 4*#0(* 8*$'9 '#$8/9%,#+$'9% o J$ 0#8*$+#M/ 4*9;#0$- '(- +i/+(* +9-9 *(+,$-c %( $,*#:"N( $$ +"$-p"#(* ('$'7 O7 D#/ 3#%,9*#$ 1$0#-#$* '( 4M-#49% (/V(k(+#0#(/,9 '( -$ 49:-$+#M/7 =9/ -$ +9/%#8"#(/,( $'(/90$,9%9% (/2 P7 "/ 1$0#-#$* '( 4*#0(* 8*$'9 '#%0#/"+#M/ (/ -$ #/+#'(/+#$ '(- ==H '#%,$- N "/ #/+*(0(/,9 '#$8/9%,#+$'9 $/,(% '( -9% Y\ $r9%7 (/ -$ *(8#M/ 4*9;#0$-7 )9:-$+#M/ '( *#(%89 :$k9 4$*$ +i/+(* +9-M *(+,$-2 o @/'#V#'"9% o J(%#9/(% %#8/#1#+$,#V$% %9/ 0i% +90"/(% (/ (- +9-9/ %#/ 1$+,9*(% '( *#(%89 4$*$ +i/+(* '( +9-9/ N *(+,9 +9/ ('$' v 4*9;#0$- 49%,(*#9* $ -$ ('$' '( YT $r9%7 $ T\ $r9%7 I- [\q '(- +i/+(* +9-M *(+,$- %( 4*(%(/,$ (/ 49:-$+#M/ v $ T\ $r9% %#/ 9,*9 1$+,9* '( *#(%89c +9/ "/ H#(%89 o J$ (,/#$ ,$0:#U/ $1(+,$ $ -$ '#%,*#:"+#M/ '( -$% -(%#9/(% (/ H(-$,#V9 '( >7Lm T7 D( *(+90#(/'$ (- (%+*",#/#9 '(- ==H (/ (- +9-9/7 J9% $1*9 $0(*#+$/9% 4"('(/ ,(/(* -(%#9/(% 0i% #/'#V#'"9% $%#/,90i,#+9% +9/%#'(*$'9% +909 49:-$+#M/ '( 4*9;#0$-(%c (/ +904$*$+#M/ +9/ -9% :-$/+9%7 *#(%89 :$k9 4$*$ ==H2 o ?( T\ $r9%c (/ $1*9 $0(*#+$/9% $ 4$*,#* '( -9% PT $r9% o D#/ 3#%,9*#$ 4(*%9/$- '( 4M-#49% M o J9% :-$/+9% 4"('(/ ,(/(* -(%#9/(% 0i% 4*9;#0$-(%c (/ +i/+(* +9-M *(+,$- o D#/ 3#%,9*#$ 4(*%9/$- '( (/1(*0('$' +904$*$+#M/ +9/ -9% 3#%4$/9% N -9% $%#i,#+9% #/1-$0$,9*#$ #/,(%,#/$- o D#/ 3#%,9*#$ 1$0#-#$* '( +i/+(* +9-M o J(%#9/(% %#8/#1#+$,#V$% %9/ 0i% +90"/(% (/ (- +9-9/ *(+,$- (/2 9 Q$0#-#$* '( 4*#0(* 8*$'9 '#$8/9%,#+$'9 $/,(% '( 4*9;#0$- $ 0$N9* ('$'7 -9% Y\ $r9% 9 o ?9% 1$0#-#$*(% '( 4*#0(* 8*$'9 '#$8/9%,#+$'9% $ +"$-p"#(* ('$'7 o D#/ 3#%,9*#$ 1$0#-#$* '( 4M-#49% o J$% 0"k(*(% %9/ 0i% 4*94(/%$% $ ,(/(* $'(/90$% (/ +9-9/ $'(/90$,9%9% (/2 9 K/ 1$0#-#$* '( 4*#0(* 8*$'9 4*9;#0$- (/ +904$*$+#M/ $ -9% 390:*(%7 '#$8/9%,#+$'9 $/,(% '( -9% Y\ $r9%7 I/ /"(%,*$ 49:-$+#M/ /9 %( 3$/ *($-#S$'9 (%,"'#9% 49:-$+#9/$-(% '(- ==Hc %( %"8#(*( +9/%#'(*$* -$% +$*$+,(*.%,#+$% (4#'(0#9-M8#+$% 4":-#+$'$%2 o I'$' v '( T\ $r9% o !U/(*9 0$%+"-#/9 o H$S$ /(8*$ o J9+$-#S$+#M/ 4*9;#0$- '(- +i/+(* +9-9 *(+,$- +9/ -$ +9/%#8"#(/,( '#%0#/"+#M/ (/ -$ #/+#'(/+#$ '(- ==H '#%,$-7 I- +i/+(* +9-M *(+,$- (% 0i% 1*(+"(/,( (/ 1$0#-#$*(% '( 4*#0(* 8*$'9 '( 4$+#(/,(% +9/ '#$8/9%,#+9 '( ==H +9/ *(%4(+,9 $ -$ 49:-$+#M/ (/ 8(/(*$-7 R$N '9% %./'*90(% 8(/U,#+9% (%4(+.1#+9% p"( 4*('#%49/(/ $+i/+(* +9-M *(+,$-2 o )9-#49%#% $'(/90$,9%$ 1$0#-#$* f)AQgc +9/ 0$N9* *#(%89 '( ==H '(- Y\ $- [\q7 o =i/+(* +9-M *(+,$3(*('#,$*#9 /9 $%9+#$'9 $ 49-#49%#% f==RB)g7 K/ <(,$m$/i-#%#% '( LZ (%,"'#9% '(09%,*M p"( (/ -9% #/'#V#'"9% +9/ $- 0(/9% "/ 1$0#-#$* '( 4*#0(* 8*$'9 $1(+,$'9 f4$'*(%c 3#k9% 9 3(*0$/9%gc (- *#(%89 '( ,(/(* +i/+(* +9-M *(+,$- (% 0$N9* $'9:-( '( -$ 49:-$+#M/ 8(/(*$-c +9/ "/ H#(%89 H(-$,#V92 L7LT +9/ "/ @=[Tq2 L7\\ $ L7TO7 =9/%#'(*$* (/ 1$0#-#$*(% '( 4*#0(* 8*$'9 f4$'*(%c 3#k9% 9 3(*0$/9%g '( 4$+#(/,(% +9/ '#$8/9%,#+9 '( ==H -$ 4*(%(/+#$ '( (%,9% '9% %./'*90(% 8(/U,#+9% p"( 4*('#%49/(/ $- +i/+(* +9-M *(+,$- 3(*('#,$*#92 o )9-#49%#% $'(/90$,9%$ 1$0#-#$* f)AQg7 o =i/+(* +9-M *(+,$- 3(*('#,$*#9 /9 $%9+#$'9 $ 49-#49%#% f==RB)g7 ?#V(*%$% 8".$% 4*949/(/ (- (%+*",#/#9 '(- ==H (/ -9% #/'#V#'"9% $%#/,90i,#+9%2 o '( T\ $r9%7 I/ $1*9 $0(*#+$/9% $ 4$*,#* '( -9% PT $r9% o %#/ 3#%,9*#$ 4(*%9/$- '( 4M-#49% M +i/+(* +9-M *(+,$- o %#/ 3#%,9*#$ 4(*%9/$- '( (/1(*0('$'
)9:-$+#M/ (/ *#(%89 #/,(*0('#9 4$*$ +i/+(* +9-M *(+,$- (/ 4*(%(/+#$ '(2 o )M-#49% '( +9-9/ $'(/90$,9%9% N 3$0$*,90$,9%9% f(;+(4,"$/'9 4M-#49% 3#4(*4-i%#+9%g7 D( +9/%#'(*$ p"( -9% 4M-#49% +9/%,#,"N(/ "/$ -(%#M/ 4*( 0$-#8/$ +9/ "/$ *$SM/ '( 090#9% '( Lm P7 o I/1(*0('$' #/1-$0$,9*#$ #/,(%,#/$- +9/ '#(S $r9% 9 0$% '( (V9-"+#M/c +9/ $%9+#$+#M/ $ -$ 19*0$+#M/ '( 4M-#49% N +i/+(* '( +9-9/c +9/ H$SM/ '( <90#9% '( T7Y ?#V(*%9% (%,"'#9% 3$/ (V$-"$'9 #/ %#," (%(8"#0#(/,9 49* (/'9%+94#$ '(2 o )M-#49% $'(/90$,9%9% z>\ 00 %"8#*#(/'9 %" 4(*0$/(/+#$ -$,(/,( 9 *(8*(%#M/ (/ (4(*.9'9 '( LmO $r9%7 o D#/ (0:$*89 -$ (V9-"+#M/c 4"('( V$*#$* '( $+"(*'9 $- ,$0$r9 '(- 4M-#49c 3#%,9-98.$c $%. +909 49* 9,*$% +$*$+,(*.%,#+$%2 >7 ('$' '(- 4$+#(/,( L7 -9+$-#S$+#M/ '(,"09* O7 /X0(*9 '( -(%#9/(% o D( (%,#0$ p"( $- 0(/9% (- [Tq '( -9% +i/+(*(% +9-9 *(+,$-(% %"*8(/ '( 4M-#49% 4*((;#%,(/,(%7 o I- #/,(*V$-9 '( ,#(049 4$*$ (- '(%$**9--9 '( +$0:#9% 0$-#8/9% (/ -9% 4M-#49% $'(/90$,9%9% %( (%,#0$ (/,*( T $ LT $r9%7 =9/%#'(*$* 49:-$+#M/ '( *#(%89 #/,(*0('#9 $2 o @/'#V#'"9% +9/ $/,(+('(/,(% '( 4M-#49% $'(/90$,9%9% N 3$0$*,90$,9%9% (/ +9-9/ 9 *(+,9 o I/1(*0('$' #/1-$0$,9*#$ #/,(%,#/$- +9/ >\ $r9% '( (V9-"+#M/7 D( *(+9/9+( (/ -9% #/'#V#'"9% +9/ (%,$% +$*$+,(*.%,#+$% *(p"#(*(/ '( "/$ (V$-"$+#M/ (/ %(8"/'9 /#V(- '( $,(/+#M/ 49* 4*(%(/,$* *#(%89 4$*$ ==H 7 )9:-$+#M/ (/ *#(%89 $-,9 4$*$ 4*(%(/,$* +i/+(* +9-M *(+,$-2 o @/'#V#'"9% +9/ 3#%,9*#$ 1$0#-#$* 49%#,#V$2 1$0#-#$* '( 4*#0(* 8*$'9 +9/ +i/+(* 3(*('#,$*#9 +9-M *(+,$-7 H#(%89 *(-$,#V9 '( >PP
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0P7T +9/ "/$ 1*(+"(/+#$ '( a\q 4$*$ +i/+(* '( +9-9/ N *(+,97 o (;4*(%#M/ '(
N
7 +i/+(* (;,*$ +9-M/#+9 $%9+#$'9% 49,(/+#$-0(/,( 3(*('#,$*#9 /9 49-#49%#+9% f==RB)g7 A/,( +9092 $7 I/'90(,*#9 :7 FV$*#9 +7 !i%,*#+9 '7 R(4$,9 :#-#$* (7 %9%4(+3$ '( +i/+(* 3(*('#,$*#9 /9 $%9+#$'9 $ 49-#49%#% @/,(%,#/9 '(-8$'9 17 =$*+#/90$ '( +U-"-$% ,*$/%#+#9/$-(% '( -$ f==RB)g %# %( +"(/,$ +9/ (- *(+"*%9 *(1(*#* $ +(/,*9 4(-V#% *(/$- 9 "*U,(*7 =9/%#'(*$* 49:-$+#M/ '( *#(%89 $-,9 $2 o (%4(+#$-#S$'9 4$*$ *($-#S$* (%,"'#9 8(/U,#+92 o ?(,(++#M/ '( @/'#V#'"9% +9/ 1$0#-#$* '( 4*#0(* 8*$'9 +9/ +i/+(* +9-M *(+,$0",$+#9/(%2
49* 0('#9 '( @R= o ^X%p"('$ '( 3(*('#,$*#97 o @/'#V#'"9% +9/ 3#%,9*#$ 1$0#-#$* 49%#,#V$ 4$*$ (#/(%,$:#-#'$' 0#+*9%$,U-#,$- f@
7 @/+-"N(/'9 +i/+(* +9-9 #04$+,9 (/ -$ +$-#'$' '( V#'$ N -$ /(+(%#'$' '( *($-#S$* *(+,$- L7 F +i/+(* (;,*$ +9-M/#+9 $%9+#$'9 +9092 87 (%,"'#9% #/V$%#V9%7 I/'90(,*#9 37 FV$*#9 #7 !i%,*#+9 k7 R(4$,9 :#-#$* |7 @/,(%,#/9 '(-8$'9 -7 =$*+#/90$ '( +U-"-$% ,*$/%#+#9/$-(% '( -$ 4(-V#% J$ '(,(++#M/ 949*,"/$ '( ==H '(:( 9,9*8$* #/19*0$+#M/ *(/$- 9 "*U,(*7 =9/%#'(*$* p"( -$% 4*"(:$% 8(/U,#+$% '(%9:*( (- 4*9+(%9c #/V9-"+*9 '(- #/'#V#'"9 (/ -$% 4*"(:$% =i/+(* =9-9/ R(*('#,$*#9 B9 )9-#49%#+9 f==RB)g (%,i 4*94"(%,$%c $+(4,$+#M/ N $'3(*(/+#$ '(- #/'#V#'"9 (/ -$ #/'#+$'9 4$*$ -9% #/'#V#'"9% $1(+,$'9% x49:-$+#M/ '( *#(%89 *($-#S$+#M/ '( "/$ 4*"(:$ #/#+#$-c %(8"#0#(/,9 N -9 p"( $-,9y (/ -$% 1$0#-#$% p"( *(X/$/2 o =*#,(*#9% '( _0%,(*'$0 o %#8/#1#+$ "/ *(%"-,$'9 49%#,#V9 +9/ -$ x%(+"(/+#$ '( 4*"(:$%y7 =*#,(*#9% '( ^(,3(%'$ o =*#,(*#9% <9'#1#+$'9% '( ^(,3(%'$ o I/%$N9% +-./#+9% $-($,9*#S$'9% 3$/ '(09%,*$'9 p"( -$ 4*"(:$ Q$0#-#$*(% '( 4*#0(* 8*$'9 '( -9% #/'#V#'"9% +9/ "/$ '( :X%p"('$ '( %$/8*( 9+"-,$ (/ 3(+(% :$%$'$% (/ 8"$N$+9 0",$+#M/ +9/9+#'$7 o @/'#V#'"9% +9/ +i/+(* *(-$+#9/$'9% +9/ 4"('(/ *('"+#* -$ 09*,$-#'$' 49* +i/+(* +9-M *(+,$- (/ "/ ==RB)2 +i/+(* +9-9 *(+,$- N +i/+(* (;,*$ +9-M/#+9 $%9+#$'9% *$/89 >Tq $ OOq7 <#//(%9,$ =9-9/ =$/+(* =9/,*9- D,"'N +9092 (/'90(,*#9c 9V$*#9c 8i%,*#+9c 3(4$,9:#-#$*c #/,(%,#/9 *(49*,M "/$ '#%0#/"+#M/ '(- L\q (/ -$ #/+#'(/+#$ '( +i/+(* '(-8$'9c +$*+#/90$ '( +U-"-$% ,*$/%#+#9/$-(% '( -$ 4(-V#% *(/$+9-M *(+,$- ,*$% >a $r9% '( %(8"#0#(/,9c 4*9:$:-(0(/,( 9 "*U,(*7 J9% #/'#V#'"9% +9/ (%,9% +*#,(*#9% '(:(/ %(* '(:#'9 $ -$ '(,(++#M/ N *(09+#M/ '( -9% 4M-#49% 49%,(*#9* '( *(1(*#'9% $ "/ +(/,*9 (%4(+#$-#S$'9 4$*$ -$ (V$-"$+#M/ "/$ 4*"(:$ 49%#,#V$ $ %$/8*( (/ 3(+(%7 D#/ (0:$*89 (%,$ 8(/U,#+$7 I- +i/+(* +9-9 *(+,$- 3(*('#,$*#9 /9 $%9+#$'9 $ 4*"(:$ /9 (% 4$*,#+"-$*0(/,( (1#+$S (/ -$ '(,(++#M/ '( -9% )9-#49%#% f==RB)g *(4*(%(/,$ (- OmTq '( ,9'9% -9% +i/+(*(% 4M-#49% 4*(+$/+(*9%9% N (/ $p"(--9% z '( > +07 $ L +07 +9-9 *(+,$-(%7 o I;#%,( "/ *#(%89 '( Z\ma\q (/ (- ,*$/%+"*%9 '( -$ V#'$ '( '(%$**9--$* +i/+(* +9-9 *(+,$- (/ 4$+#(/,(% +9/ A+,"$-0(/,( 3$N '9% 0U,9'9% '#%49/#:-(% 4$*$ -$ 4*"(:$ '( 0",$+#M/ '(- 8(/ ==RB)7 o I- ==RB) 4*(%(/,$ 0",$+#9/(% :X%p"('$ '( %$/8*( 9+"-,$ (/ 3(+(% '( $+"(*'9 $- 0U,9'9
c (%,$% *(4*(%(/,$/ (- [Tq '( ,9'$% -$% ",#-#S$'92 o =9/ :$%( $ 8"$N$+9c -$ +"$- 4"('( %(* '( $-,$ N 0",$+#9/(%7 o D( 3$ *(49*,$'9 #/(%,$:#-#'$' 0#+*9%$,U-#,$:$k$ %(/%#:#-#'$' o )*"(:$ #/0"/9p".0#+$ f#/0"/9-M8#+$g (/ f@
Tq '( -9% +$%9% (%49*i'#+9% '( 4*"(:$ '( :X%p"('$ '( %$/8*( 9+"-,$ (/ 3(+(% '( $+"(*'9 $+i/+(* '( +9-9/7 J$ #/0"/93#%,9p".0#+$ f@R=g #'(/,#1#+$ 0U,9'9 ",#-#S$'92 o ^$%$'$ (/ 8"$N$+9c -$ +"$- 4"('( %(* '( >PT
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0$-,$ N :$k$ %(/%#:#-#'$' o )*"(:$ #/0"/9p".0#+$7 D( %"8#(*( 4*"(:$ /9 #/V$%#V$ N $++(%#:-(7 I- #/'#V#'"9 '(:( %(* ",#-#S$* (- 0i% $++(%#:-( N '#%49/#:-(7 o I/ -$ -#,(*$,"*$ %( #/19*0$'9 p"( (- (%+*",#/#9 %( '(:( --(V$* $ +$:9 $/"$-0(/,( *(49*,M "/$ V$*#$:#-#'$' (/ -$ %(/%#:#-#'$' N -$ (%4(+#1#+#'$' N (%,$* '#%4"(%,9 $ %90(,(*%( $ "/$ +9-9/9%+94#$ (/ (- +$%9 '( -$ 4*"(:$ '( :X%p"('$ '( %$/8*( 9+"-,$ (/ 3(+(% +9/ :$%( '( "/ *(%"-,$'9 49%#,#V9 (/ -$ 4*"(:$ '( %$/8*( 9+"-,$ (/ $ (/ 8"$N$+97 o J$ %(/%#:#-#'$' 4$*$ '(,(+,$* +i/+(* '( +9-9/ 3(+(% +9/ :$%( $ 8"$N$+97 D# (/ -$ #/%,#,"+#M/ %( +"(/,$ +9/ -$ +9/ "/$ 4*"(:$ X/#+$ :$%$'$ (/ 8"$N$+9 %( *(49*,9 (/ *$/89 4*"(:$ '( :X%p"('$ '( %$/8*( 9+"-,$ (/ 3(+(% '( $-,$ '(- >L7[q $- Z[7Pq o J$ 4*"(:$ '( :X%p"('$ '( %$/8*( 9+"-,$ %(/%#:#-#'$' %( *(+90#(/'$ %" "%9 '$'$ %" 0$N9* 4*(+#%#M/7 (/ 3(+(% +9/ :$%( $ 8"$N$+9 '(,(+,$ 3(098-9:#/$ $ ,*$VU% D( *(+90#(/'$ ,90$* (/ +"(/,$ -$% %#8"#(/,(% '( -$ $+,#V#'$' '( 4%("'94(*9;#'$%$ '(- 8*"49 3(097 )9* -9 +9/%#'(*$+#9/(% (/ :"%+$ '( 9:,(/(* "/ *(%"-,$'9 +9/1#$:-( ,$/,9c (%,$ 4*"(:$ /9 (% (%4(+.1#+$ '( "/$ 3(09**$8#$ '( -$ 4*"(:$% '( %$/8*( 9+"-,$ (/ 3(+(% +9/ :$%( $ 8"$N$+92 #/,(%,#/$- :$k$ 9 #/+-"%9 '( %$/8*( 3"0$/$7 o B9 *(3#'*$,$+#M/ '( -$ 0"(%,*$ o B9 9:,(/(* -$% 0"(%,*$% 49* (;$0(/ *(+,$- o H(p"(*#* '( L $ O 0"(%,*$% '( '9% A+,"$-0(/,( (;#%,( +9/%(/%9 (/ -$% 8".$% 4":-#+$'$% (/ ",#-#S$* -$% 4*"(:$% '( :X%p"('$ '( %$/8*( 9+"-,$ (/ 3(+(% (V$+"$+#9/(% '( $+"(*'9 $- 0U,9'9 ",#-#S$'97 I%,9 0(k9*$ -$ +909 (- 0U,9'9 4*#0$*#9 '( '(,(++#M/ (/ 49:-$+#M/ '( 4*(+#%#M/ '( -$ 4*"(:$c N$ p"( 0"+39% +i/+(*(% /9 %$/8*$/ *#(%89 :$k97 J$ 4*"(:$ '( :X%p"('$ '( %$/8*( 9+"-,$ (/ 3(+(% ,9'9 (- ,#(049 f%$/8*$'9 #/,(*0#,(/,(g7 o IV#,$*2 o >7 A/,# +9/ :$%( $ 8"$N$+9 %( '#%49/( '( $-,$ N :$k$ %(/%#:#-#'$'7 J$% #/1-$0$,9*#9% /9 (%,(*9#'(9%m#/1-$0$,9*#9% 49* Z '.$% 4*(V#9% 4*"(:$% +9/ $-,$ %(/%#:#-#'$' fR(09++"-, DIBDAg %9/ $ -$ 4*"(:$7 L7 A+#'9 $+(,#- %$-#+.-#+9 49* Z '.$% 4*(V#9 $ -$ 4*(1(*#:-(% $ -$% 4*"(:$% +9/ %(/%#:#-#'$' :$k$ fR(09++"-, @@g 4*"(:$7 O7 =$*/( *9k$ f,(*/(*$c +9*'(*9 ( 3.8$'9g '"*$/,( O 4$*$ -$ '(,(++#M/ '(- +i/+(* +9-M *(+,$-7 J$ :X%p"('$ '( '.$% $/,(% '( -$ 4*"(:$ N (- '.$ '( -$ 4*"(:$7 P7 ]#,$0#/$ + %$/8*( 9+"-,$ (/ 3(+(% '( $-,$ %(/%#:#-#'$'c 4*(%(/,M "/$ fvLT\ 085'.$g /9 %( '(:( +9/%"0#* '"*$/,( O '.$% $/,(% '( -$ %(/%#:#-#'$' '(- [Pqm[Z7Tq N (%4(+#1#+#'$' '( aPqm[Oqc FH 4*"(:$ 9 (- '.$ '( -$ 4*"(:$7 I- #/'#V#'"9 %( (/+$*8$*i '( >7Yaf\7[YmL7[Pgc HH \7aP f\7Zam\7[\g o I%,$ 4*"(:$ (%,$ *(+98(* '9% 0"(%,*$% '( O '(49%#+#9/(% 49* %(4$*$'9 4$*$ -$ #/'#+$'$ (/ 49:-$+#M/ +9/ *#(%89 :$k97 o J$ *(4(,#+#M/ '( -$ 4*"(:$7 4*"(:$ '( -$ :X%p"('$ '( %$/8*( 9+"-,$ (/ 3(+(% +9/ :$%( $ J$ 4*"(:$ '( #/0"/9p".0#+$ (/ 3(+(% '(,(+,$ +i/+(* +9-M 8"$N$+9 49%,(*#9* $ "/ *(%"-,$'9 49%#,#V9 /9 (% *(+,$- N M 4M-#49% p"( %$/8*$/ 4(*#M'#+$0(/,(7 I%,$ '(,(+,$ *(+90(/'$'$7 o D( *(+90#(/'$ p"( %( $/$-#+(/ 49* -9 0(/9% %$/8*( 9+"-,$ (/ 3(+(% ",#-#S$/'9 "/9 9 0i% $/,#+"(*49% L 0"(%,*$% 49* $r9c N$ p"( (%,9 #/+*(0(/,$ %" %(/%#:#-#'$'7 09/9+-9/$-(%7 I%,$ 4*"(:$ %( '(%$**9--M (/ :"%+$ '( D( *(+90#(/'$ 4$*$ (V#,$* *(%"-,$'9% 1$-%9% 49%#,#V9% '( -$ #/+*(0(/,$* -$ (%4(+#1#+#'$' '( -$ 4*"(:$ '( %$/8*( 9+"-,$ (/ 4*"(:$ '( :X%p"('$ '( %$/8*( 9+"-,$ (/ 3(+(% +9/ :$%( $ 3(+(%7 B9 (;#%,(/ (%,"'#9% p"( 0#'$/ (- #04$+,9 '( -$% 8"$N$+9 fR(09++"-, DIBDAc $-,$ %(/%#:#-#'$'gc2 o IV#,$* -9% 4*"(:$% '( #/0"/9p".0#+$ (/ 3(+(% (/ -$ 09*,$-#'$' 49* $/,# #/1-$0$,9*#9% /9 (%,(*9#'(9% N i+#'9 $+(,#-%$-#+.-#+9 +i/+(* +9-M *(+,$-7 =909 %( '(,(+,$ 3(098-9:#/$ 3"0$/$c '"*$/,( Z '.$% $/,(% '( -$ 4*"(:$ o IV#,$* -$ +$*/( *9k$ (%,$ 4*"(:$ (% 0i% (%4(+.1#+$ +9/ :$k$% ,$%$% '( 1$-%9% f,(*/(*$c +9*'(*9 ( 3.8$'9g '"*$/,( O '.$% $/,(% '( -$ 4*"(:$ 49%#,#V9% (/ +904$*$+#M/ +9/ -$ 4*"(:$ '( %$/8*( 9+"-,$ (/ N (- '.$ '( -$ 4*"(:$7 o IV#,$* -$ V#,$0#/$ = (/ (;+(%9 fvLT\ 3(+(% +9/ :$%( $ 8"$N$+9 N 0i% (%4(+.1#+9 4$*$ -$ 3(09**$8#$
J$ 4*"(:$ '( #/0"/9p".0#+$ 4$*$ -$ '(,(++#M/ '( %$/8*( 9+"-,$ (/ 3(+(% (/ #/'#V#'"9% $0:"-$,9*#9% +904$*M +9/ -$ +9-9/9%+94#$c *(49*,$/'9 "/$ %(/%#:#-#'$' '(- [P7>q N "/$ (%4(+#1#+#'$' '(- aZ7Tq 4$*$ (- +i/+(* +9-M *(+,$-7 K/ (%,"'#9 '( Y7\\\ 4$+#(/,(% %90(,#'9% $ %#809#'9%+94#$ 1-(;#:-( +904$*9 -$% 4*"(:$% '( %$/8*( 9+"-,$ 49* #/0"/9p".0#+$ (/ 3(+(% +9/,*$ -$ 4*"(:$ '( $-,$ %(/%#:#-#'$' '( :X%p"('$ '( %$/8*( 9+"-,$ (/ 3(+(% +9/ :$%( (/ 8"$N$+9 fR(09++"-, DIBDAgc (/+9/,*M "/$ %(/%#:#-#'$' '(- a>7aq 4$*$ -$ 4*"(:$ #/0"/9p".0#+$ (/ 3(+(% N '( YP7Oq (/ -$ 4*"(:$ '( :X%p"('$ '( %$/8*( 9+"-,$ (/ 3(+(% +9/ :$%( $ 8"$N$+9 4$*$ -$ '(,(++#M/ '(- +i/+(* +9-M *(+,$-7 D#/ (0:$*89 (;#%,( >PY
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0+9/,*9V(*%#$ 49* -9% *(%"-,$'9% '( '#V(*%9% (%,"'#9% p"( 3$/ *($-#S$+#M/ '( 0i% (%,"'#9%7 I- 8*"49 '( ,*$:$k9 /9 +"(/,$ +904$*$'9 -$ 4*"(:$ '( #/0"/9p".0#+$ (/ 3(+(% +9/,*$ -$ +9/ %"%,(/,9 4$*$ *(+90(/'$* (- "%9 '( -$ 4*"(:$ '( A?B (/ 4*"(:$ '( %$/8*( 9+"-,$ (/ 3(+(% +9/ :$%( $ 8"$N$+9 '( $-,$ 3(+(% +909 4*"(:$ '( (%+*",#/#9 4$*$ ==H7 %(/%#:#-#'$'c $- /9 (/+9/,*$* "/$ '#1(*(/+#$ %#8/#1#+$,#V$ (/ -$ %(/%#:#-#'$' N (%4(+#1#+#'$' (/,*( -9% '9% 0U,9'9% +909 4*"(:$ '( (%+*",#/#97 ](/,$k$% '( -$ 4*"(:$ #/0"/9p".0#+$ (/ 3(+(%2 o ?#%49/#:-( (/ (- (/,9*/9 +-./#+9 o B9 #04-#+$ "/ *#(%89 4$*$ (- #/'#V#'"9 o B9 4*9'"+( *(%"-,$'9% 1$-%9% /(8$,#V9% +9/ '9%#% $-,$% '( %"4-(0(/,9% '( V#,$0#/$ +7 o B9 *(p"#(*( *(%,*#++#M/ (/ -$ '#(,$c *(+90(/'$'$ %9:*( -$% 4*"(:$% :$%$'$% (/ 8"$N$+9c (%,9 '(:#'9 $ p"( -$ *($++#M/ (% $ -$ 3(098-9:#/$ 3"0$/$7 ?(%V(/,$k$% '( -$ 4*"(:$ #/0"/9p".0#+$ (/ 3(+(%2 o A- #8"$p"( -$ 4*"(:$ '( :X%p"('$ '( %$/8*( 9+"-,$ +9/ :$%( $ 8"$N$+9c %( *(p"#(*( $'3(%#M/ 4$*$ *($-#S$*%( $/"$-0(/,(7 o D# (- #/'#V#'"9 4*(%(/,$ "/ *(%"-,$'9 49%#,#V9 '(:(/ %90(,(*%( $ "/$ +9-9/9%+94#$7 D( *(+90#(/'$ p"( '( $+"(*'9 $ -$ '#%49/#:#-#'$' N 1$+,#:#-#'$' *($-#S$* -$ 4*"(:$ '( :X%p"('$ '( %$/8*( 9+"-,$ (/ 3(+(% +9/ #/0"/9p".0#+$c (/ 49:-$+#M/ '( *#(%89 :$k9c '( %(* /(8$,#V$ *($-#S$* $/"$-0(/,(7 J$ (-(++#M/ '( -$ 4*"(:$ #/0"/9p".0#+$ (/ 3(+(% +909 4*"(:$ '( (%+*",#/#9 '(:( ,90$* (/ +"(/,$2 o ?#%49/#:#-#'$' N 1$+,#:#-#'$' 49* %" +9%,9 o D#/ /(+(%#'$' '( *(%,*#++#M/ (/ -$ '#(,$ fV#,$0#/$ + N +$*/(% *9k$%g o A'3(%#M/ 4$*$ %" *($-#S$+#M/ $/"$-0(/,(c +9/ (- *#(%89 4$*$ (- #/'#V#'"9 '( $+"(*'9 $ -9% *(%"-,$'9% =9/ *(%"-,$'9 49%#,#V9 '(2 o )*"(:$ '( :X%p"('$ '( %$/8*( 9+"-,$ +9/ :$%( $ 8"$N$+9 49%#,#V$ M o )*"(:$ '( #/0"/9p".0#+$ (/ 3(+(% 49%#,#V$ D( '(:( (V$-"$* -$ *($-#S$+#M/ '( "/$ +9-9/9%+94#$7 J$ 4*"(:$ '( A?B (/ 3(+(%c %( :$%$ (/ (- '(%4*(/'#0#(/,9 '( -$% +U-"-$% '( -$ %"4(*1#+#( '( -$ 0"+9%$ '(- +9-9/ 3$+#$ -$ -"S #/,(%,#/$-c '(,(+,$ $-,(*$+#9/(% '(- A?B 4*(%(/,(% (/ (+i/+(* +9-M *(+,$- N $'(/90$%7 J$ (V$-"$+#M/ '( -$ 4*"(:$ '( A?B (/ 3(+(% %( 3#S9 +9/ -$ 4*#0(*$ V(*%#M/ '( -$ 4*"(:$c +9/ "/$ %(/%#:#-#'$' 4$*$ (- +i/+(* +9-M *(+,$- '( TLq $ [>q N (%4(+#1#+#'$' '( [Oq $- [Zq7 D( '(:( %(8"#* -$% %#8"#(/,(% (%4(+#1#+$+#9/(%2 o D( *(+98( "/$ (V$+"$+#M/ +904-(,$ N %( 8"$*'$ (/ (- *(1*#8(*$'9*c (/V#$* '(/,*9 '( -$% ZL 39*$% '( -$ 39*$ '( *(+98#'$ $- -$:9*$,9*#9 o D( *(p"#(*( 0"(%,*$ '( 3(+(% v '( O\ 8*$09% o I%,$ 4*"(:$ /9 (%,i $+,"$-0(/,( *(+90(/'$'$ 49* -$ 199' $/' '*"8 $'0#/#%,*$,#9/ f1'$g o H(%"-,$'9 49%#,#V9 '(:( %(* (V$-"$'9 +9/ -$ +9-9/9%+94#$7 o B9 %( 3$ (%,$:-(+#'9 (- #/,(*V$-9 '(- (%+*",#/#97 I- 1$:*#+$/,( *(+90#(/'$ "/ #/,(*V$-9 '( T $r9% 4$*$ -$ 4*"(:$ '( $'/ (/ 3(+(%c %#/ (;#%,#* +9/%(/%9 %9:*( (- #/,(*V$-9 '( (%,$ 4*"(:$7 J$ 4*"(:$ '( A?B (/ 3(+(% /9 (%,i $04-#$0(/,( '#%49/#:-( N -9% '#1(*(/,(% +90#,U% +9/%#'(*$/ -$ /(+(%#'$' '( -$
?@A!BCDE@=F =JeB@=F I/ -9% 4$+#(/,(% +9/ +i/+(* '( +9-9/c -9% %#8/9% N %./,90$% #'(/,#1#+$'9%2 o ?9-9* $:'90#/$- o =$0:#9 '( 3i:#,9% #/,(%,#/$-(% o )U*'#'$ '( 4(%9 o I/ 4*(%(/+#$ '( %$/8*$'9 *(+,$-2 *(+,9**$8.$c 3(0$,9p"US#$ N59 0(-(/$7 o K/ %":8*"49 '( 4$+#(/,(% 4*(%(/,$ $/(0#$ 0#+*9+.,#+$ 3#49+*M0#+$c %#/ (,#9-98.$ $4$*(/,(7 ^"%+$* #/,(/+#9/$'$0(/,( (/ -$ 3#%,9*#$ +-./#+$ -9% %#8/9% N %./,90$% '(2 +$0:#9% (/ (- 3i:#,9 #/,(%,#/$-c '9-9* $:'90#/$-c 4U*'#'$ '( 4(%9 N %$/8*$'9 '( ,":9 '#8(%,#V9 N $/(0#$7 I/ "/ (%,"'#9 *($-#S$'9 (/ >[[[mL\\\c %( *(49*,9 p"( 0i% '( "/ ,(*+#9 '( -9% 4$+#(/,(% +9/ +i/+(* +9-9 *(+,$- (%4(*$*9/ 0i% '( O 0(%(% 49%,(*#9* $ -$ +9/%"-,$ +9/ %" 0U'#+9 1$0#-#$* +9/ %./,90$%c 4*(V#9 $ %" 4*#0(*$ *(V#%#M/ 39%4#,$-$*#$7 J9% %./,90$% N %#8/9% 0i% +90"/(% '( +i/+(* 9 4M-#49% 8*$/'(% 1"(*9/2 o D$/8*$'9 *(+,$- o =$0:#9% 4(*%#%,(/,(% (/ (- 3i:#,9 #/,(%,#/$- o A/(0#$ -9% ,"09*(% 0i% $V$/S$'9% 0i% 4*9:$:-( 4*(%(/,$*9/2 o )U*'#'$ '( 4(%9 o B$"%($ o A/9*(;#$ o ?9-9* $:'90#/$-7 J9% %./,90$% ,(04*$/9% /9 %"(-(/ %(* 8*$V(% N $ 0(/"'9 %9/ #/(%4(+.1#+9%c (%,9% 4"('(/ %(* 1*(+"(/,(% (/ -$ 49:-$+#M/ (/ 8(/(*$- +9**(%49/'#(/'9 $ '#1(*(/,(% +$"%$%7 I/ $-8"/9% 4$+#(/,(% -9% %./,90$% /9 #/#+#$/ 9 /9 %9/ $4$*(/,(0(/,( 3$%,$ p"( (- +i/+(* (%,$ $V$/S$'97 I- (;$0(/ *(+,$- '#8#,$- +909 4*"(:$ X/#+$ '( '(,(++#M/ '( %$/8*( 9+"-,$ +"(/,$ +9/ "/$ :$k$ %(/%#:#-#'$' N /9 '(:( %(* ",#-#S$'$ +909 0U,9'9 '( (%+*",#/#9 4*#0$*#97 I/ 19*0$ %#0#-$* ,#(/( "/$ :$k$ %(/%#:#-#'$' 4$*$ -$ '(,(++#M/ '( -(%#9/(% *U+,$-(% '( >\ 007 I- (;$0(/ *(+,$- '#8#,$- /9 %( +9/%#'(*$ "/$ 4*"(:$ '( '(,(++#M/ 4*#0$*#$ 4$*$ ==H7 I(;$0(/ *(+,$- '#8#,$- 4*(%(/,$ "/ :$k9 *(/'#0#(/,9 +909 4*"(:$ '( (%+*",#/#97 ?#V(*%9% (%,"'#9% *($-#S$'9% $ 4$*,#* '(- L\\L (/+9/,*$*$/ p"( (- (;$0(/ *(+,$- '#8#,$- +909 0U,9'9 '( V#8#-$/+#$ 49%,(*#9* $ 49-#4(+,90.$ $'(/90$,9%$ 1$0#-#$* +9/ *(%4(+,9 $ -$ +9-9/9%+94#$ f(%,i/'$* '( 9*9g N (/ 4$+#(/,(% +9/%#'(*$'9% '( $-,9 *#(%89 +904$*$'9% +9/ -$ +9-9/9%+94#$ N -$ +9-9/9%+94#$ V#*,"$- 09%,*$*9/ %(/%#:#-#'$' :$k$c '(%'( (Paq f@=2 LPm YZg 4$*$ -9% 4M-#49% v '( >\ 007 I- (;$0(/ *(+,$- '#8#,$- /9 %( +9/%#'(*$ "/$ 4*"(:$ X,#- '( '(,(++#M/ >PZ
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,04*#0$*#$ 4$*$ ==Hc '(:#'9 $ -$ :$k$ %(/%#:#-#'$' 4$*$ -$ +904$*$+#M/ +9/ -$ %#809#'9%+94#$ 1-(;#:-(7 E90$* (/ +"(/,$ '(,(++#M/ '( -(%#9/(% '( >\00 9 vc %#/ (0:$*89 (% p"( (%,9% (%,"'#9% %9/ '(4(/'#(/,(% '(- 94(*$'9*7 *(+90(/'$:-( *($-#S$* +909 4$*,( '( -$ (;4-9*$+#M/ 1.%#+$ (/ I- +9-9/ 49* (/(0$ +9/ '9:-( +9/,*$%,( N (- (/(0$ '( :$*#9 :"%+$ '( '#$8/M%,#+9 '#1(*(/+#$-(%7 1-"9*9%+M4#+9 %9/ (%,"'#9% *$'#9-M8#+9%c ,90$/ #0i8(/(% '( ,9'9 (- +9-9/ N '(,(+,$/ ==H N 4M-#49% (/ +904$*$+#M/ +9/ -$ +9-9/9%+94#$ 9 -$ %#809#'9%+94#$ 1-(;#:-(7 F1*(+( -$ (V$-"$+#M/ '(- +9-9/ (/ ,9'$ %" (;,(/%#M/c /9 *(p"#(*( IDEK?@FD =F<)JI
(/ +$'$ >\c\\\ 4*9+('#0#(/,9% *($-#S$'9%7 J$ %(/%#:#-#'$' 4$*$ -$ '(,(++#M/ I- (%,i/'$* '( 9*9 4$*$ (- '#$8/M%,#+9 '( +i/+(* '( +9-9/ N '( 4M-#49% v '( > +(/,.0(,*9 (% '( Paq N 4$*$ -(%#9/(% -9% 4M-#49% $'(/90$,9%9% (% -$ +9-9/9%+94.$ +9/ ,90$ '( /(94-i%#+$% (% '(- aTq $- [Pq7 D#/ +$4$+#'$' ,(*$4U",#+$7 I%,$ :#94%#$c 4$*$ -$ +9/1#*0$+#M/ 3#%,94$,9-M8#+$7 I%,( (%,"'#9 #/'#+$'$ +"$/'9 /9 (% 49%#:-( *($-#S$* -$ +9-9/9%+94.$ +$'$ T #/V$%#V9c 4(*0#,( V#%"$-#S$* (/ 19*0$ '#*(+,$ ,9'$ -$ (;,(/%#M/ $r9%7 D( %"8#(*( (1(+,"$* +9-9/ 49* (/(0$ +9/ '9:-( '(- +9-9/ =9/ "/ *#(%89 '( 4(*19*$+#M/ '( L (/ >\\\7 I%,"'#9% +9/,*$%,( (/2 o @/'#V#'"9% +9/ *#(%89 :$k9 +9/ %$/8*( 9+"-,$ +904$*$*9/ -$ %#809#'9%+94#$ 1-(;#:-( +9/,*$ -$ +9-9/9%+94#$ (/ 3(+(% 49%#,#V$ (/ -9% +"$-(% /9 %( -(% 4"('$ *($-#S$* *(49*,$*9/ "/$ %(/%#:#-#'$' '(- Y\q $- Z\q 4$*$ (- +i/+(* +9-9/9%+94#$ 9 %#809#'9%+94.$ o H#(%89 #/,(*0('#9 N $-,9 +9-M *(+,$- N '( $'(/90$% $V$/S$'9%7 I%,i #/'#+$'$ +909 $%#/,90i,#+9 (/ -9% +"$-(% /9 %( -(% 4"('$ *($-#S$* (%,"'#9 #/#+#$- (/ -9% 8*"49% '( $-,9 *#(%89 4$*$ -$ +9-9/9%+94#$ 9 %#809#'9%+94.$7 V#%"$-#S$+#M/ +904-(,$ '( ,9'9 (- +9-9/7 J$ %#809#'9%+94#$ 1-(;#:-( '(,(+,$ (- +i/+(* +9-M *(+,$- N -9% 4M-#49% $'(/90$,9%9% $- /#V(- '( #/%(*+#M/ '(- (/'9%+94#9 f(/,*( P\ N Y\ +07g7 J$ %#809#'9%+94.$ 1-(;#:-( (% "/ (%,"'#9 #/V$%#V9c 4(*0#,( -$ ,90$ '( :#94%#$ 9 49-#4(+,90.$7 D" -#0#,$/,( (% p"( (;$0#/$ %9-$0(/,( (- +9-9/ #Sp"#(*'97 H$*$ V(S *(p"#(*( %('$+#M/7 J$ 1*(+"(/+#$ '( 4(*19*$+#M/ (% '( > (/ >\c\\\c +9/ 49%#:#-#'$' '( -(%#9/ %#/+*M/#+$ 3$%,$ (/ "/ Tq7 I- *#(%89 '( 4(*19*$+#M/ '(- +9-9/ +9/ -$ %#809#'9%+94#$ %#/ :#94%#$ 9 49-#4(+,90.$ (% 0(/9% '( > (/ L\7\\\7 I/%$N9% +-./#+9% +9/,*9-$'9% %9:*( -$ %#809#'9%+94#$ 1-(;#:-(c 3$/ '(09%,*$'9 "/$ *('"++#M/ '(- Y\q $ a\q '( '( -$ 09*,$-#'$' 49* +i/+(* +9-M *(+,$-7 )9* +9/%(/%9 %( 3$ '(,(*0#/$'9 p"( -$ %#809#'9%+94#$ 1-(;#:-( %( *($-#+( +$'$ T $r9% #/'(4(/'#(/,(0(/,( '(- *(%"-,$'9 '( -$ 4*"(:$ '( :X%p"('$ '( %$/8*( 9+"-,$7 I/ 49:-$+#M/ '( *#(%89 :$k9 %( *(+90#(/'$ %" *($-#S$+#M/ +$'$ T $r9%7 J$ 4*(+#%#M/ '( -$ %#809#'9%+94#$ 1-(;#:-(c $%. +909 '( -$ +9-9/9%+94#$c '(4(/'( '( -$ 19*0$+#M/ N -$ 3$:#-#'$' '(- (/'9%+94#%,$c $%. +909 -$ +$-#'$' '( -$ 4*(4$*$+#M/ #/,(%,#/$-7 J$ +9-9/9%+94#$ %( *(+90#(/'$ (/ ,9'9 #/'#V#'"9 +9/2 o H#(%89 :$k9 +9/ 4*"(:$ '( :X%p"('$ '( %$/8*( 9+"-,$ (/ 3(+(% 49%#,#V$ +$'$ >\ $r9% o H#(%89 #/,(*0('#9 N $-,9 4$*$ +i/+(* +9-M *(+,$- #/'(4(/'#(/,(0(/,( '( -$ *($-#S$+#M/ '( 4*"(:$ '( :X%p"('$ '( %$/8*( 9+"-,$ (/ 3(+(%c (- #/,(*V$-9 '( %" *($-#S$+#M/ %( '(:( '(,(*0#/$* '( $+"(*'9 $ +$'$ +$%97 D( *(+90#(/'$ *($-#S$* %#809#'9%+94.$ 1-(;#:-( (/ -9% #/'#V#'"9% +9/ -(%#9/(% %9%4(+39%$% (/ +9-9/ #Sp"#(*'9 %#/ 1$+,#:#-#'$' '( *($-#S$* +9-9/9%+94#$7 J9% 8*"49% '( $-,9 *#(%89 '( -(%#9/(% 4*9;#0$-(% 4"('(/ :(/(1#+#$*%( '( -$ V#%"$-#S$+#M/ '( ,9'9 (- +9-9/ +9/ -$ +9-9/9%+94#$ (/
J$ +9-9/9%+94#$ V#*,"$- fE=g (% "/ (%,"'#9 *$'#9-M8#+9 p"( '(,(+,$ 4M-#49% $'(/90$,9%9% N ==H7 )(*0#,( "/$ (V$-"$+#M/ +9/ 0./#0$ #/V$%#M/ '( ,9'9 (- +9-9/ +9/ "/$ 4*(+#%#M/ %#0#-$* $ -$ +9-9/9%+94#$c %#/ *(p"(*#* %('$+#M/7 D" $-+$/+( (% '#$8/9%,#+9c %#/ *($-#S$* :#94%#$ 9 49-#4(+,90#$7 =9/ "/$ %(/%#:#-#'$' 4$*$ '(,(+,$* -(%#9/(% v '( > +(/,.0(,*9 (% '(T[q $- [Zq N -$ (%4(+#1#+#'$' '(- [Pq $- [aq7 D( *($-#S$ +"$/'9 (;#%,( +9/,*$#/'#+$+#M/ 4$*$ -9% 4*9+('#0#(/,9% #/V$%#V9% 9 /9 %( ,(/8$ 1$+,#:#-#'$' 4$*$ -$ +9-9/9%+94#$ N (+9-9/ 49* (/(0$7 J$ 1*(+"(/+#$ '( 4(*19*$+#M/ (% '( T (/ >\c\\\\7 D( *(+90#(/'$ *($-#S$* +$'$ T $r9%7 J$ +$-#'$' '( -$ +9-9/9%+94.$ V#*,"$- N -$ %#809#'9%+94#$ 1-(;#:-( %9/ '(4(/'#(/,(% '( -$ 4*(4$*$+#M/ '(- #/,(%,#/9 N -$ +$4$+#'$' '(- 0U'#+9 *$'#M-989 f$'#(%,*$0#(/,9 N (;4(*#(/+#$g7 J$ +9-9/9%+94#$ V#*,"$- fE=g 91*(+( #0i8(/(% ,9,$-(% '(- +9-9/ (/ -$% %#8"#(/,(% %#,"$+#9/(% +-./#+$%2 o )9%,(*#9* $ "/ (;$0(/ #/+904-(,9 9 +9-9/9%+94#$ '#$8/M%,#+$ o @/'#V#'"9% p"( /9 4"('(/ %"%4(/'(* -$ ,(*$4#$ '( $/,#+9$8"-$+#M/ o @/'#V#'"9% p"( *(+3$S$/ -$ (/'9%+94#$ o J9% 3$--$S89% '( 4M-#49% '(- +9-9/ '( >+0c '(:( (V$-"$*%( +9/ "/$ +9-9/9%+94#$7 o D( *(p"#(*(/ 0i% (%,"'#9% p"( (V$-X(/ -$ +9-9/9%+94#$ V#*,"$- N %( '(:( '( ,90$* (/ +"(/,$ %" $-,9 +9%,9 N '#%49/#:#-#'$'7 >Pa
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0o I- +9-9/ 49* (/(0$ +9/ '9:-( +9/,*$%,( 4"('( *($-#S$*%( (/ I- 0U'#+9 1$0#-#$* p"( '"*$/,( -$ +9/%"-,$ (;,(*/$ #'(/,#1#+$ -$% %#,"$+#9/(% '(%+*#,$% $/,(*#9*0(/,(7 (/ (- 4$+#(/,( -9% %#8"#(/,(% '$,9% '(:( (/V#$* $- %(8"/'9 /#V(-2 o ?9-9* $:'90#/$-c +$0:#9 '(- 3i:#,9 #/,(%,#/$- N o J$ +9-9/9%+94#$ V#*,"$-c '(:( *($-#S$*%( (/ -9% 4$+#(/,(% (/ 4U*'#'$ '( 4(%9 o I'$' 0(/9* '( P\ $r9% +9/ $/,(+('(/,(% p"#(/(% /9 %( 4"('$ *($-#S$* +9-9/9%+94#$ (/ -$% %#8"#(/,(% 1$0#-#$*(% 9 4(*%9/$- '( +i/+(* '( +9-9/7 o I'$' 0$N9* '( %#,"$+#9/(% +-./#+$%7 +#/+"(/,$ $r9%7 o @/'#V#'"9% +9/ 3#%,9*#$ 1$0#-#$* f4*#0(*$ -./($g '( +i/+(* '( +9-9/7 o A/(0#$ 0#+*9+.,#+$ ( 3#49+*M0#+$ o )9%,(*#9* '( "/ (;$0(/ #/+904-(,9 9 +9-9/9%+94#$ %#/ +$"%$ $4$*(/,(7 ?(*#V$*%( $ +9/%"-,$ (;,(*/$ '( 0('#+#/$ '#$8/M%,#+$w #/,(*/$ N59 8$%,*9(/,(*9-98.$ (/ %(8"/'9 /#V(- '( $,(/+#M/7 I- 0U'#+9 1$0#-#$* '(:( #'(/,#1#+$* $ -9% #/'#V#'"9% '( $+"(*'9 o @/'#V#'"9% p"( /9 4"('(/ %"%4(/'(* -$ ,(*$4#$ '( $- *#(%89 '( 4*(%(/,$* +i/+(* '( +9-M*(+,$-7 ^"%+$* $/,#+9$8"-$+#M/ #/,(/+#9/$'$0(/,( -9% %#8"#(/,(% '$,9% 4$*$ %(* (/V#$'9 $o @/'#V#'"9% p"( *(+3$S$/ -$ (/'9%+94#$7 %(8"/'9 /#V(-2 o D$/8*( 9+"-,$ (/ 3(+(% 49%#,#V$ N59 %$/8*$'9 (V#'(/,( f*(+,9**$8#$c 3(0$,9p"US#$ N59 0(-(/$g o D( o B9 '#%49/#:#-#'$' *(+90#(/'$ (/V.9 $ +#*"8.$ 8(/(*$- N59 +#*"8.$ +9-M *(+,$o I- (/(0$ '( :$*#9 4"('( *($-#S$*%( (/ -$% %#,"$+#9/(% '(%+*#,$% $/,(*#9*0(/,( o A/,( 3$--$S89% '( 4M-#49% '(- +9-9/ '( > +07 ,(/'*i/ p"( %90(,(*%( $ "/$ +9-9/9%+94#$7 D( %"8#(*( 49* -9% '#1(*(/,(% +90#,U% (- %(8"#0#(/,9 '( -9% #/'#V#'"9% $%#/,90i,#+9 +9/ -9% %#8"#(/,(% 0U,9'9% p"( (V$-X$/ (%,*"+,"*$-0(/,( (- +9-9/ N *(+,92 o D#809#'9%+94#$ 1-(;#:-( +$'$ T $r9% o I- +9-9/ 49* (/(0$ +9/ '9:-( +9/,*$%,( +$'$ T $r9% o =9-9/98*$1.$ V#*,"$- '( $+"(*'9 $ +$'$ #/%,#,"+#M/ N +$%9 4$*,#+"-$* o =9-9/9%+94#$ +$'$ >\ $r9%7 D( %"8#(*( '( $+"(*'9 $ -$ $++(%#:#-#'$' '(- *(+"*%9 *($-#S$* -$% 4*"(:$% '#$8/M%,#+$% +9/ (%,9% #/,(*V$-9%2 o D#809#'9%+94#$ 1-(;#:-( +$'$ T $r9% o I/(0$ '( :$*#9 '( '9:-( +9/,*$%,( +$'$ T $r9% o =9-9/98*$1.$ V#*,"$- '( $+"(*'9 $ +$'$ #/%,#,"+#M/ N +$%9 4$*,#+"-$* o =9-9/9%+94#$ +$'$ >\ $r9%7
=H@EIH@FD ?I HIQIHIB=@A G =FBEHAHHIQIHIB=@A @/'#V#'"9% p"( 4*(%(/,(/ (/ 19*0$ $#%-$'$ 9 (/ +9/k"/,92 o ?9-9* $:'90#/$-c $-,(*$+#M/ (/ (- 3i:#,9 #/,(%,#/$- N 4U*'#'$ '( 4(%97 o I'$' z '( P\ $r9% +9/ $/,(+('(/,(% 1$0#-#$*(% 9 4(*%9/$- '( +i/+(* $%9+#$'9 $ ==H o I'$' v '( T\ $r9% +9/ 4*"(:$ '( :X%p"('$ '(%$/8*( 9+"-,$ (/ 3(+(% 49%#,#V$7 o @/'#V#'"9% +9/ 3#%,9*#$ 1$0#-#$* f4*#0(*$ -./($g '( +i/+(* '( +9-9/7 o A/(0#$ 0#+*9+.,#+$ ( 3#49+*M0#+$ %#/ +$"%$ $4$*(/,(7 o D$/8*( 9+"-,$ (/ 3(+(% 49%#,#V$ N59 %$/8*$'9 (V#'(/,( f*(+,9**$8#$c 3(0$,9p"US#$ N59 0(-(/$g7
)$+#(/,(% +9/ '#$8/M%,#+9 '( +i/+(* '( +9-9/ 9 *(+,9 p"( %( +9/%#'(*( (- 0$/(k9 0"-,#'#%+#4-#/$*#9c '(:(*i/ %(* *(1(*#'9% $ ,(*+(* /#V(- $ -9% %(*V#+#9% '( +#*"8.$ '( +9-9/ N *(+,9 N 59 9/+9-98.$ p"#*X*8#+$ E9'9 4$+#(/,( +9/ +9-9/9%+94#$ 9 %#809#'9%+94#$ p"( *(49*,( -(%#M/ /(94-i%#+$ +9/1#*0$'$ 49* 3#%,94$,9-98.$ N p"( /9 4"('( %(* ,*$,$'$ (/ %" "/#'$' '(:(*i (/V#$*%( $ +#*"8.$ 9/+9-M8#+$ N59 +#*"8.$ '( +9-9/ N *(+,9 $ "/ ,(*+(* /#V(-7 E9'9 4$+#(/,( +9/ *#(%89 :$k9 N %$/8*( 9+"-,$ (/ 3(+(% 49%#,#V$c *#(%89 #/,(*0('#9 N $-,9 $%#/,90i,#+9% +9/ $-,$ 4*9:$:#-#'$' '( ==Hc $ -9% +"$-(% /9 %($ 49%#:-( *($-#S$* +9-9/9%+94.$ (/ %" "/#'$'c %( *(+90#(/'$ (/V.9 $ %(8"/'9 M ,(*+(* /#V(- '( $,(/+#M/2 +#*"8.$ 9/+9-M8#+$ N59 +#*"8.$ '( +9-9/ N *(+,97 J9% #/'#V#'"9% '( *#(%89 :$k9 /9 *(p"#(*(/ (%,"'#9% #/V$%#V9%c %( *(+90#(/'$ *($-#S$* %(8"#0#(/,9 +-./#+9 N (/ +$%9 '( +9/,$* (/ %" "/#'$' '( 0('#+#/$ 1$0#-#$* N5M %(8"/'9 /#V(+9/ -$ 4*"(:$ '( %$/8*( 9+"-,$ (/ 3(+(% +9/ #/0"/9p"#0#+$ *($-#S$* (/ (%,( 8*"49 '( #/'#V#'"9%7 J9% #/'#V#'"9% #'(/,#1#+$'9% '( *#(%89 #/,(*0('#9 +9/ $/,(+('(/,(% '( 4M-#49% (/ +9-9/ N *(+,9w (/1(*0('$' #/1-$0$,9*#$ #/,(%,#/$- +9/ 3#%,9*#$ v $ >\ $r9%c *(p"#(*(/ '( %(8"#0#(/,9c 49* -9 p"( '(:( (/V#$*%( $ -$ "/#'$' +9/ 1$+,#:#-#'$' '( *($-#S$*-97 @/'#V#'"9% +9/ *#(%89 $-,9 (/ -9% +"$-(% %( (/+"(/,*( 3#%,9*#$ 1$0#-#$* '( +i/+(* 3(*('#,$*#9 '( +9-9/ N *(+,9c *(p"#(*(/ $- %(* #'(/,#1#+$'9% %(* (/V#$'9% $ -$ "/#'$' p"( +"(/,( +9/ 0$/(k9 0"-,#'#%+#4-#/$*#9 '( (%,"'#9% 8(/U,#+9% 9/+9-M8#+9%c 9/+9-98.$ 0U'#+$ N +#*"8.$ +9-9 *(+,$-7 I/ -9% #/'#V#'"9% '( *#(%89 :$k9c -$ *(+90(/'$+#M/ #/,(*/$+#9/$- 4$*$ (%+*",#/#9 (% +9/ -$ 4*"(:$ '( :X%p"('$ '( %$/8*( 9+"-,$ (/ 3(+(% '( 19*0$ $/"$- $ 4$*,#* '( -9% T\ $r9% '( ('$'7 J9% #/'#V#'"9% +9/ *#(%89 #/,(*0('#9c -$ >P[
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0*(+90(/'$+#M/ (% *($-#S$* -$ +9-9/9%+94#$ 4$*$ -$ '(,(++#M/ R988m?":( m J(#90#90$,9%#% 3(*('#,$*#$7 m I%+-(*9%#% '( -(%#9/(% 4*(0$-#8/$% $%9+#$'$% N %( *(+90#(/'$ (1(+,"$* E":(*9%$7 +$'$ T $r9%7 J9% #/'#V#'"9% '( *#(%89 $-,9 +9/ +i/+(* D( 3$/ *(+9/9+#'9 $-8"/9% ,#49% '( ==H 3(*('#,$*#9 %#(/'9 -$ 3(*('#,$*#9c %( *(+90#(/'$ -$ (V$-"$+#M/ +9/ +9-9/9%+94#$ (/1(*0('$' '( ]9/ R#44(-mJ#/'$" -$ p"( %( $%9+#$ +9/ 0$N9* +$'$ L $r9%7 I- 4*#0(* (%,"'#9 '(:( (1(+,"$*%( $-*('('9* '( 1*(+"(/+#$ $- '(%$**9--9 '(- ==H7 F,*$% (/,#'$'(% 3(*('#,$*#$% -9% >a $r9% '( ('$' (/ "/$ "/#'$' '( ,(*+(* /#V(-2 +#*"8.$ 0(/9% 1*(+"(/,(% p"( %( $%9+#$/ +9/ ==H %9/2 m =$*+#/90$ +9-M *(+,$- M 9/+9 p"#*X*8#+$7 4$4#-$* 3(*('#,$*#9 m D./'*90( '( ^#*,mR988m?":( m J(#90#90$,9%#% 3(*('#,$*#$ m I%+-(*9%#% E":(*9%$ J$ *(-$+#M/ 390:*(50"k(* (% '( >7T $ > (/ /"(V9% +$%9% '#$8/9%,#+$'9% 49* ==H7 I- ,$:$p"#%09 (% "/ 1$+,9* '( *#(%89 '( ==H $04-#$0(/,( *(+9/9+#'97 Q90(/,$* -9% +$0:#9% (/ (- (%,#-9 '( V#'$ 4$*$ '#%0#/"#* -9% 1$+,9*(% '( *#(%89 '(- ==Hc ,$-(% +9092 m F:(%#'$' m E$:$p"#%09 I/ ,*$%,9*/9% 3(*('#,$*#9% +9092 (/1(*0('$' '( ]9/ R#44(-mJ#/'$" c =$*+#/90$ 4$4#-$* 3(*('#,$*#9c D./'*90( '( ^#*,mR988m?":(c J(#90#90$,9%#% 3(*('#,$*#$ N I%+-(*9%#% E":(*9%$ %( *(+90#(/'$ V#8#-$/+#$ 4(*#M'#+$7
%6&%"* *"&'2 I- +i/+(* *(/$- +904*(/'( '(- L $- Oq '( ,9'$% -$% /(94-$%#$%c 4*(%(/,i/'9%( (/ 49:-$+#M/ +9/ ('$' 4*90('#9 '( YT$r9%7 =(*+$ '(- [\q '( -9% ,"09*(% *(/$-(% %9/ +$*+#/90$ '( +U-"-$% *(/$-(% f==Hgw N '( (--9% (- aTq +9**(%49/'( $ +$*+#/90$ '( +U-"-$% +-$*$%c 9,*$% 3#%,9-98.$% 0(/9% +90"/(% #/+-"N(/ (- 4$4#-$*c +*90M19:9c N '( -9% +9/'"+,9% +9-(+,9*(%7 I/ (%,$'9% K/#'9% '( B9*,( A0U*#+$ %( (%,#0$ p"( 4$*$ (- L\>L %( '#$8/9%,#+$*i/ YPcZ\\ /"(V9% +$%9% N $-*('('9* '( >O T\\ 4$+#(/,(% 09*#*i/ 49* (%,$ +$"%$7 I/ (%,$'.%,#+$% /$+#9/$-(% !-9:9+$/ *(49*,$ (/ 49:-$+#M/ 0$%+"-#/$ (/ (- $r9 L\\ac L>>Z +$%9% 4*(V$-(+#(/'9 (/ 49:-$+#M/ 0$N9* '( Y\ $r9% '( ('$'7
QA=EFHID ?I H@ID!F J9% 1$+,9*(% '( *#(%89 +90X/0(/,( #'(/,#1#+$'9% %9/2 m F:(%#'$' m E$:$p"#%09 m R#4(*,(/%#M/ m A-8"/$% (/,#'$'(% +-./#+$% '( +i/+(* 3(*('#,$*#9 (/1(*0('$' '( ]9/ R#44(-m J#/'$"c =$*+#/90$ 4$4#-$* 3(*('#,$*#9 m D./'*90( '( ^#*,m
J9% 1$+,9*(% 4*9/M%,#+9% %( +-$%#1#+$/ (/ 2 m A/$,M0#+9%2 E$0$r9 ?(- ,"09*c #/V$%#M/ V$%+"-$*c #/V$%#M/ $ +$4%"-$ *(/$-c $1(++#M/ %"4*$m*(/$-c 0(,i%,$%#% -#/1i,#+$ N 0(,i%,$%#% $ '#%,$/+#$7 m R#%,9-M8#+9%2 !*$'9 '( Q3"*0$/c %":,#49 3#%,9-M8#+9 '( ==Hc +$*$+,(*.%,#+$% %$*+90$,9#'(%c #/V$%#M/ 0#+*9V$%+"-$*c /(+*9%#% ,"09*$-c #/V$%#M/ $- %#%,(0$ +9-(+,9*7 m =-./#+9%2 I%,$'9 1"/+#9/$- '(- 4$+#(/,( :$%$'9 (/ -9% +*#,(*#9% '(- I$%,(*/ =994(*$,#V( F/+9-98N !*9"4 fI=F!g N n$*/91%|N fA/(;9 T7O +"$'*9 @@gc %./,90$% -9+$-#S$'9%c +$p"(;#$c $/(0#$c +"(/,$ 4-$p"(,$*#$c -9% +"$-(% 3$/ %#'9 09%,*$'9% +909 4*('#+,9*(% '( %9:*(V#V(/+#$ (%4(+#$-0(/,( (/ 4$+#(/,(% +9/ (/1(*0('$' 0(,$%,i%#+$7 m <9-(+"-$*(%2 I%,i/ %#(/'9 #/V(%,#8$'9% +909 V$*#$:-(% 4*9/9%,#+$% ( #/+-"N(/2 A/3#'*$%$ +$*:M/#+$ @hc Q$+,9* '( +*(+#0#(/,9 '((/'9,(-#9 V$%+"-$* f]I!Qgc 1$+,9* #/'"+,9* '( 3#49;#$c )TOc Im +$'3(*#/$ (/,*( 9,*9%c -9% +"$-(% 3$%,$ (- 090(/,9 /9 3$/ 09%,*$'9 "/$ 4*('#++#M/ 4*(+#%$ (/ -9% %#%,(0$% 4*9/M%,#+9% $+,"$-(% N 49* -9 ,$/,9 /9 %9/ *(+90(/'$'9% (/ 19*0$ *",#/$*#$ (/ -$ $+,"$-#'$'7 J9% 1$+,9*(% p"( #/1-"N(/ (/ (- 4*9/M%,#+9 4"('(/ +-$%#1#+$*%( (/2 $/$,M0#+9% f=-$%#1#+$+#M/ EB
7T "/#'$'(% %9:*( -9% *$/89% /9*0$-(% o R(098-9:#/$ z'( -9% *$/89% /9*0$-(% o =$-+#9 %U*#+9 +9**(8#'9 v>\ 085'fL7T 009-5-#,*9 o @/,(*V$-9 '( 0(/9% '( "/ $r9 '(%'( (- '#$8/M%,#+9 3$%,$ (- #/#+#9 '( ,*$,$0#(/,9 %#%,U0#+9 o n$*/91%|N ‚ Z\ o ‚ '( L %#,#9% +9/ 0(,i%,$%#% ?( $+"(*'9 $ -9% +*#,(*#9% '( <9,S(* (;#%,(/ ,*(% +$,(89*.$% '( *#(%89 2 m H#(%89 ^$k92 /#/8X/ 1$+,9* 4*9/M%,#+9 >T\
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0$'V(*%9 4*(%(/,(7 D"4(*V#V(/+#$ 8-9:$- fD!g 0('#$/$ '( O\ 4$-4$:-(c A'(/94$,.$ +(*V#+$- 4$-4$:-( c V$*#+9+(-( p"( /9 %( 0(%(%7 m @/,(*0('#92 "/9 9 '9% 1$+,9*(% 4*9/M%,#+9% $'V(*%9% *('"+( o ('(0$ :#-$,(*$- (/ -$% (;,*(0#'$'(% #/1(*#9*(%c 4*(%(/,(%7 D"4(*V#V(/+#$ 8-9:$- fD!g 0('#$/$ '( >P 0(%(%7 m #/'#+$,#V9 '( $1(+,$+#M/ V(/9%$7 J9% %#,#9% 0i% +90"/(% '( H#(%89 A-,92 "/9 9 '9% 1$+,9*(% 4*9/M%,#+9% $'V(*%9% 0(,i%,$%#% (/ ==H #/+-"N(/c 4"-0M/c 3"(%9c +(*(:*9c 3.8$'9 N 4*(%(/,(%7 D"4(*V#V(/+#$ 8-9:$- fD!g 0('#$/$ '( T 0(%(%7 8-i/'"-$ %"4*$**(/$-7 I/ "/ 4$+#(/,( +9/ "/9 9 0i% '$,9% 1.%#+9% 9 '( -$:9*$,9*#9 %"8(%,#V9% '( =i/+(* *(/$- *($-#S$*%( I/ -$ (V$-"$+#M/ '( -$ +9/'#+#M/ 1.%#+$ '(- 4$+#(/,( +9/ ==H %( (%,"'#9% +904-(0(/,$*#9%7 '(:( $4-#+$* -$ (%+$-$% fI=F!g 9 -$ (%+$-$ n$*/91%|N '( $+"(*'9 $ -$ 4*(1(*(/+#$ '( '(- 0U'#+97 I/ $p"(--9% 4$+#(/,(% +9/ 1$+,9*(% '( *#(%89 '( =H $%9+#$'9 $ '9-9* $:'90#/$- +*M/#+9c N59 3(0$,"*#$ 4(*%#%,(/,( '(:(*i J$ +-$%#1#+$+#M/ '(- +i/+(* *(/$- EB< #/+-"N( -$ '(,(*0#/$+#M/ %(* $:9*'$'9 +9/ (%,"'#9% '( 8$:#/(,( +904-(0(/,$*#9% 4$*$ '( ,"09*c '( /M'"-9% N 0(,i%,$%#%7 I- %#%,(0$ '( +-$%#1#+$+#M/ +9/1#*0$+#M/ N (%,$'#1#+$+#M/ -9% %#8"#(/,(% (%,"'#9%2 EB< $+,"$- %( *(+90#(/'$ 49*p"( ,#(/( *(-(V$/+#$ (/ +"$/,9 H$'#98*$1.$ %#04-( '( EM*$;c 9 E9098*$1.$ $;#$$ 4*9/M%,#+9 N ,*$,$0#(/,97 I/ -9% 4$+#(/,(% +9/ +i/+(* *(/$+904",$*#S$'$ fEA=g$:'90#/$- 9 ,9*i+#+$c *(%9/$/+#$ f=Hg '(:( #'(/,#1#+$*%( (- (%,$'9 '( EB
?@A!BCDE@=F J$ 8*$/ 0$N9*.$ '(- ==H (/ (,$4$% #/#+#$-(% %9/ $%#/,90i,#+9%c /9 4$-4$:-(%c N %( '(,(+,$/ #/+#'(/,$-0(/,( (/ -$% X-,#0$% 1$%(% '( -$ (/1(*0('$'c 0i% '(- T\q %( '(,(+,$/ '( 0$/(*$ 19*,"#,$ $- ",#-#S$* 4*"(:$% '( #0$8(/ (/ (- (%,"'#9 '( 0$/#1(%,$+#9/(% +904-(k9% $%#/,90i,#+9%7 J$ ,*#$'$ +-i%#+$ f?9-9* (/ 19%$ *(/$-c 3(0$,"*#$ 0$+*9%+M4#+$ N 0$%$ $:'90#/$- 4$-4$:-( -$ +"$- %( 4*(%(/,$ '(- Y $- >\q A"/p"( (- +i/+(* *(/$- (/ (,$4$% ,(04*$/$% (% $%#/,90i,#+9c N %9-9 (/ "/ :$k9 49*+(/,$k( %( 0$/#1#(%,$ +-./#+$0(/,( %( '(:( '( '(%+$*,$* 4$,9-98.$ *(/$- 0$-#8/$ (/ (- 4$+#(/,( +9/2 ?9-9* (/ 19%$ *(/$-c 3(0$,"*#$ 0$+*9%+M4#+$ 9 0$%$ $:'90#/$- +9/ 9 %#/ 1$+,9*(% '( *#(%89 fE$:$p"#%09 N 9:(%#'$'g7 F,*$% 0$/#1(%,$+#9/(% +-./#+$% #/(%4(+.1#+$% 09,#V9 '( *($-#S$+#M/ '( (%,"'#9% +904-(0(/,$*#9% p"( 4"('(/ 8(/(*$* %9%4(+3$ '( =H %9/2 ?9-9* $:'90#/$- R(0$,"*#$ 0$+*9%+M4#+$c <$%$ $:'90#/$- 4$-4$:-( D./'*90(% )$*$ /(94-i%#+9%c D./,90$% '( (/1(*0('$' 0(,$%,i%#+$ f?9-9* M%(9c ,9% 4(*%#%,(/,(c 4U*'#'$ '( 4(%9c $'(/94$,.$% /9 *(8#9/$-(%c V$*#+9+(-(c ('(0$ '( (;,*(0#'$'(% #/1(*#9*(% :#-$,(*$-(% %"8(%,#V$% '( #/V9-"+*9 V(/9%97 J$ (;4-9*$+#M/ 1.%#+$ %M-9 ,#(/( "/$ ",#-#'$' -#0#,$'$ (/ ('#$8/M%,#+9 '(- =Hc 9,*9% 3$--$S89% 4"('(/ (/+9/,*$%(2 o <$%$ $:'90#/$- 4$-4$:-( o A'(/94$,.$ +(*V#+$- 4$-4$:-( o ]$*#+9+(-( p"( /9 %( *('"+( o I'(0$ :#-$,(*$- (/ -$% (;,*(0#'$'(% #/1(*#9*(%c #/'#+$,#V9 '( $1(+,$+#M/ V(/9%$7 I/ "/ 4$+#(/,( +9/ $-,(*$+#9/(% +909 ?9-9* $:'90#/$-c N59 -"0:$*c 3(0$,"*#$ 0$+*9%+M4#+$c c '(:(*i *($-#S$*%( "/$ (;4-9*$+#M/ 1.%#+$ '#*#8#'$ $ :X%p"('$ '( 0$%$ $:'90#/$-
)HKI^AD ?@A!BCDE@=AD I/ 4$+#(/,(% +9/ =H -$% 4*"(:$% '( -$:9*$,9*#9 N !$:#/(,( +904-(0(/,$*#$% p"( 3$/ 09%,*$'9 %(* X,#-(% %9/2 o H$'#98*$1.$ %#04-( '( EM*$; +-./#+$0(/,( #/'#+$'9% o E9098*$1.$ $;#$- +904",$*#S$'$ fEA=g $:90#/954U-V#+$ +9/ 9 %#/ 0('#9 '( +9/,*$%,( o EA= ,9*i+#+$ +9/ 1#/(% '( (;4-9*$* i*($ 4"-09/$* N %(8X/ (- +$%9 o H(%9/$/+#$ 0$8/U,#+$ fH
T>
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0+$%9 '( %9%4(+3$ +-./#+$ '( 0(,i%,$%#% +(*(:*$-(% '(:(*i J$ 3#4(*+$-+(0#$ +909 %./'*90( 4$*$ /(94-i%#+9 9+"**( (/ (>O7[q N -$ (-(V$+#M/ '(- +$-+#9 %U*#+9 (% %(+"/'$*#$ $ -$ %9-#+#,$*%( EA= '( +*i/(9 N59 H
7 I$p"(--9% 4$+#(/,(% +9/ 1$--$ *(/$- 9 $-U*8#+$ $- 0('#9 '( ,*$,$0#(/,9 p"#*X*8#+9 fB(1*(+,90#$ 4$*+#$- 9 ,9,$-g (% -$ +9/,*$%,( N (0:$*$S97 I- "-,*$%9/#'9 ?944-(* (% X,#- 4$*$ X/#+$ 94+#M/ '( ,*$,$0#(/,9 +"*$,#V9 '(- =H7 J$ 9:%(*V$+#M/ 9 +$*$+,(*#S$* ==H +9/ #/V9-"+*9 V$%+"-$* 9 (V(/,9% ,U+/#+$% '( $:-$+#M/ f+*#9+#*"8.$ 9 $:-$+#M/ +9/ ,*90:M,#+9%7 J$ EA= '( EM*$; '(:(*i %9-#+#,$*%( (/ +$%9 '( *$'#91*(+"(/+#$ (%,i #/'#+$'9 +"$/'92 m )$+#(/,(% +9/ (,$4$ > %9%4(+3$ '( $+,#V#'$' 4"-09/$* N +9/%(+"(/,(0(/,( X,#m J(%#9/(% '( 4$+#(/,(% /9 +$/'#'$,9% $ +#*"8.$ m A/,(% '( -$% 4$*$ (%,$'#1#+$+#M/ ,9*i+#+$ J$ H
N +$%9% %(-(++#9/$'9% '( *(/$- +*M/#+$ 9 *#rM/ X/#+9 +9/ 1#/(% ,(*$4U",#+9% I/ +$%9 '( E>:g m J(%#M/ "/#-$,(*$- m #/%"1#+#(/+#$ *(/$- m <$%$% *(/$-(% %9%4(+3$ '( 0(,i%,$%#% M%($% 49* (-(V$+#M/ '( 19%1$,$%$ :#-$,(*$-(% m =i/+(* 1$0#-#$*7 $-+$-#/$ 9 '9-9* M%(9 '(:(*i %9-#+#,$*%( "/ !$0$8*$0$ M%(9f!!Fg I/ +$%9 '( %9%4(+3$ +-./#+$ '( 0(,i%,$%#% +(*(:*$-(%c -$ EA= '( +*i/(9 N -$ H
J$ +#*"8.$ -$4$*9%+M4#+$ 9 *9:M,#+$ 4"('(/ %(* "%$'$% 4$*$ /(1*(+,90.$ 4$*+#$- 9 *$'#+$-7 J$ +#*"8.$ -$4$*9%+M4#+$ 9 >TL
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0*9:M,#+$ '(:(/ %(* *($-#S$'$% 49* (;4(*,9% (/ (%,$% ,U+/#+$%7 4"('( %(* *($-#S$'$ (/ K/#'$'(% '( I%4(+#$-#'$' '( %(8"/'9 J$ '#%(++#M/ *(8#9/$- '( -9% 8$/8-#9% -#/1i,#+9% (% 94+#9/$-c /#V(-7 4(*9 (%,$/'9 *(+90(/'$'$ (/ 4$+#(/,(% +9/ $'(/94$,.$% V#%#:-(% '"*$/,( -$ +#*"8.$7 J$ #/0"/9,(*$4#$ 3$ %#'9 ",#-#S$'$ (/ +i/+(* *(/$- $V$/S$'9 (- +"$- 3$ %#'9 09,#V9 '( 49-U0#+$c (%,$/'9 +909 0('#+$0(/,9% ",#-#S$'9% -$ #/,(*-("+#/$% N (IEA)A @^ #/,(*1(*M/7 J9% '$,9% +90:#/$'9% +9**(%49/'#(/,(% $ "/$ J$ /(1*(+,90.$ 4$*+#$- 9 *$'#+$- (%,i #/'#+$'$ (/ (%,$ (,$4$7 %(*#( '( #/0"/9,(*$4#$% $**9k$*9/ "/$ 4*9:$:#-#'$' 8(/(*$R$N "/ 0$N9* *#(%89 '( *(+#'#V$ #/,*$**(/$- (/ -9% ,"09*(% '( *(0#%#M/ 4$*+#$- 9 ,9,$- '( ,$/ %M-9 >Lc[q f[ g f[[ 8*"49% 0i% 8*$/'(% fv Z +0g ,*$,$'9% 0('#$/,( /(1*(+,90.$ 4$*+#$-c '( (%,"'#9gc (/ +904$*$+#M/ +9/ LcTq (/ '#(S 8*"49% '( 9 +"$/'9 (;#%,( "/ :9*'( 49%#,#V97 I/ (%,9% 4$+#(/,(% 3$N p"( +9/,*9- %#/ #/0"/9,(*$4#$c N PcOq (/ '9% 8*"49% '( 4-$+(:97 #/,(/%#1#+$* (- %(8"#0#(/,97 B9 '(:( 4*$+,#+$*%( "/$ A-8"/9% (%,"'#9% '9+"0(/,$/ -$ +$4$+#'$' '( -$ +#,9%#/$ @JmL /(1*(+,90.$ *$'#+$- -$4$*9%+M4#+$ (/ -9% 4$+#(/,(% +9/ (/ '9%#% $-,$% 4$*$ #/+*(0(/,$* -$ ,$%$ '( *(%4"(%,$ (/ ,"09*(% E> (/ -9% p"( (%,i #/'#+$'$ "/$ *(%(++#M/ 4$*+#$-7 J$ +904$*$+#M/ $ '9%#% :$k$%7 Ip"#49% (%4(+#$-(% 4"('(/ %(* /(1*(+,90.$ *$'#+$- $:#(*,$ 9 -$4$*9%+M4#+$ (% -$ $-,(*/$,#V$ *(p"(*#'9% (/ +$%9% '( $1(++#M/ (/ -$ V(/$ +$V$ #/1(*#9* J$ '( (-(++#M/c 4"('( *($-#S$*%( '( 19*0$ %(8"*$ (/ ,"09*(% *$'#9,(*$4#$ $'N"V$/,( /9 %( +9/%#'(*$ (%,i/'$* (/ 8*$/'(% f0$N9*(% '( Z +0g7 J$ /(1*(+,90.$ *$'#+$4$+#(/,(% +9/ ==H7 J$ H$'#9,(*$4#$ 4"('( %(* ",#-#S$'$ (/ -$4$*9%+M4#+$ (%,i *(+90(/'$'9 (/ (%,$ (,$4$7 J$ 4$+#(/,(% %#/,90i,#+9% +9/ 0(,i%,$%#% +(*(:*$-(% " M%($% 9 /(1*(+,90.$ *$'#+$- -$4$*9%+M4#+$ '(:( %(* *($-#S$'$ 49* (/ 4$+#(/,(% %#/,90i,#+9% p"( /9 *(%49/'$/ $ 0$/(k9 +#*"k$/9% (;4(*,9% (/ (%,$ ,U+/#+$7 J$ /(1*(+,90.$ *$'#+$%#%,U0#+97 #/+-"N( "/$ *(%(++#M/ 4(*#1$%+#$- '(- *#rM/c *(%(++#M/ '( 8*$%$ J$ *(%(++#M/ p"#*X*8#+$ %#8"( %#(/'9 (- ,*$,$0#(/,9 (1(+,#V9 9 4(*#**(/$-c -#/1$'(/(+,90.$ *(8#9/$- N $'*(/$-(+,90.$ +"*$,#V9 4$*$ (- +i/+(* +-./#+$0(/,( -9+$-#S$'9 %#(/'9 (#4%#-$,(*$-7 I/ ,"09*(% 0$N9*(% '( Z +0c 9 :9*'(% 49%#,#V9% ,*$,$0#(/,9 4*#0$*#9 9 '( (-(++#M/ -$ /(1*(+,90.$ 4$*+#$4*(%(/,$/ "/ $-,$ ,$%$ '( *(+"**(/+#$7 /(1*94*(%(*V$'9*$7 J$ /(1*(+,90.$ *$'#+$- %(*i (/ +$%9% '( '#1#+"-,$' ,U+/#+$ 9 -9+$-#S$+#M/ ,"09*$- +(/,*$-7 I/ 4$+#(/,(% /9 +$/'#'$,9% $ +#*"8.$ -$ $:-$+#M/ ,U*0#+$ (%,i #/'#+$'$7 J$ %"4*$**(/$-(+,90.$ k"/,9 +9/ /(1*(+,90.$ /9 (% /(+(%$*#$ (/ IEA)A @@ G @@@ -$ 0$N9*.$ '( -9% 4$+#(/,(%c %$-V9 p"( (;#%,$ "/ ,"09* 8*$/'( J$ /(1*(+,90.$ *$'#+$- $:#(*,$ 9 -$4$*9%+M4#+$ (% -$ (/ (- 49-9 %"4(*#9* N %($ 4*9:$:-( -$ #/V$%#M/ '#*(+,$ '( -$ $-,(*/$,#V$ '( (-(++#M/c 4"('( *($-#S$*%( '( 19*0$ %(8"*$ (/ 8-i/'"-$ %"4*$**(/$- 9 +"$/'9 /9 4"('$ '(%+$*,$*%( "/$ ,"09*(% 8*$/'(% f0$N9*(% '( Z +0g7 J$ /(1*(+,90.$ *$'#+$8-i/'"-$ %"4*$**(/$- /9*0$-7 J$ -#/1$'(/(+,90.$ $04-#$'$ /9 #/+-"N( "/$ *(%(++#M/ 4(*#1$%+#$- '(- *#rM/c *(%(++#M/ '( 8*$%$ 0(k9*$ -$ %"4(*V#V(/+#$ (/ -9% 4$+#(/,(% +9/ =H 4"('( %(* X,#4(*#**(/$-c -#/1$'(/(+,90.$ *(8#9/$- N $'*(/$-(+,90.$ 4$*$ 1#/(% '( (%,$'#1#+$+#M/ +9/ '#%(++#M/ '( -9% 8$/8-#9% #4%#-$,(*$-7 I/ ,"09*(% 0$N9*(% '( Z +0c 9 :9*'(% 49%#,#V9% -#/1i,#+9% 4$-4$:-(% N $8*$/'$'9%7 J$ J#/1$'(/(+,90#$ 4*(%(/,$/ "/ $-,$ ,$%$ '( *(+"**(/+#$7 J$ /(1*(+,90.$ *$'#+$*(8#9/$- (/ =H (% 94+#9/$- (/ (/1(*0('$' B\<\c (/ B~<~ -$4$*9%+M4#+$ (%,i *(+90(/'$'9 (/ (%,$ (,$4$7 J$ %90(,#'9% $ /(1*(+,90.$ -$ J#/1$'(/(+,90#$ '(:( %(* /(1*(+,90.$ *$'#+$- -$4$*9%+M4#+$ '(:( %(* *($-#S$'$ 49* +9/%#'(*$'$7 J$ +#*"8.$ /(1*94*(%(*V$'9*$ '( /(1*9/$% +#*"k$/9% (;4(*,9% (/ (%,$ ,U+/#+$7 J$ /(1*(+,90.$ *$'#+$$'(0i% '( %(* -$ 94+#M/ *(+90(/'$'$ (/ (- (%,$'#9 @ '(- ==Hc #/+-"N( "/$ *(%(++#M/ 4(*#1$%+#$- '(- *#rM/c *(%(++#M/ '( 8*$%$ ,#(/( -$% %#8"#(/,(% @/'#+$+#9/(%2 m A:%9-",$%2 *#rM/ X/#+9 4(*#**(/$-c -#/1$'(/(+,90.$ *(8#9/$- N $'*(/$-(+,90.$ $/$,M0#+9 9 1"/+#9/$- m H(-$,#V$%2 ="$/'9 -$ 1"/+#M/ '(- *#rM/ #4%#-$,(*$-7 +9/,*$-$,(*$- 4"('$ V(*%( $1(+,$'9 (/ (- 1","*9 49* $-8"/$ 9,*$ +9/'#+#M/ +-./#+$ +909 (/ (- +$%9 '(- ==H '( 4*(%(/,$+#M/ :#-$,(*$- 9 #/%"1#+#(/+#$ *(/$- +*M/#+$7 I-(+,#V$%2 I/ -$ 4*(%(/+#$ '( *#rM/ +9/,*$-$,(*$- %$/9c (/ 4$+#(/,(% +9/ ==H 3(*('#,$*#9%c p"#(/(% ,#(/(/ "/ $-,9 *#(%89 '( '(%$**9--$* ,"09*(% *(/$-(% $'#+#9/$-(%c N59 ,"09*(% *(/$-(% "/#-$,(*$-(%7 K/ :9*'( p"#*X*8#+9 0./#09 %#/ ,"09* ,*$% -$ *(%(++#M/ 4$*+#$- '( "/ =H (% %"1#+#(/,( 4$*$ (V#,$* *(+#'#V$% -9+$-(%7 J$ +#*"8.$ 4*(%(*V$'9*$ '( /(1*9/$% 9 +#*"8.$ *$'#+$-
IEA)A @] J9% 4$+#(/,(% +9/ (,$4$ @] ,$0:#U/ 4"('(/ %(* :(/(1#+#$'9% p"#*X*8#+$0(/,(c +909 (% (/ (- +$%9 '( /M'"-9% %9%4(+39%9% '( (/1(*0('$' 0(%,$%,i%#+$ +9/ E=c 3#4(*4-$%#$ p"( /9 #/V9-"+*$ (- ,"09*c 4*(%(/+#$ '( 0./#09% 8$/8-#9% *(8#9/$-(% >TO
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0/9 (;+-"N( -$ +#*"8.$7 J$ ,(*$4#$ '#*#8#'$ (% (- ,*$,$0#(/,9 J$ A%9+#$+#M/ I"*94($ '( K*9-98.$ (0#,( -$% %#8"#(/,(% 4*(1(*#'9 '( $+"(*'9 $ V$*#9% 4$*i0(,*9%2 m H(%(+$:#-#'$' m *(+90(/'$+#9/(% 4$*$ -$ ,(*$4#$ %#%,U0#+$ (/ +i/+(* *(/$- '( <(,i%,$%#% m I%,$'9 +-./#+9 m E*$,$0#(/,9 4*(V#9 9 #/#+#$-7 J$ +U-"-$% +-$*$% (%2 o D"/#,#/#: (/ > -./($ (/ 4$+#(/,(% +9/ /(1*(+,90.$ +#,9**('"+,9*$ (/ 4$+#(/,(% +9/ =H 0(%,$%,i%#+$ *#(%89 :$k9 ( #/,(*0('#9 o ^(V$+#S"0$: ~ @QB Ž (/ > -./($ (/ '(:(/ %(* +9/%#'(*$ +909 (%,i/'$* '( -$ $,(/+#M/ '( 4$+#(/,(% +9/ *#(%89 :$k9 ( #/,(*0('#9™™ o D9*$1(/#: +909 $+"(*'9 $ +$'$ +$%9 (%,$/'9 (- ,*$,$0#(/,9 0('#+$0(/,9% L -./($ 49%,(*#9* $ 1$--$ $ +#,9p"#/$% o )$S94$/#: +909 > #/+-"#'9% (/ (%,$% $-,(*/$,#V$%7 -./($ N (/ L 49%,(*#9* $ 1$--$ $ +#,9p"#/$% o E(0%#*9-#0"% (/ > -./($ (/ 4$+#(/,(% +9/ *#(%89 $-,9 o IV(*9-#0"% (/ L -./($ I%,"'#9% +-./#+9% +9/,*9-$'9% 09%,*$*9/ "/ :(/(1#+#9 '( -$ '(%4"U% '( 1$--$ $ #/3#:#'9*(% '( ,#*9%#/ p"#/$%$ D#/ /(1*(+,90.$ +#,9*('"+,#V$ $/,(% '(- ,*$,$0#(/,9 %#%,U0#+9 (/ $",9*#S$+#M/ '( =FQI)H@D 4$*$ =$ H(/$-7 =H (,$4$ @] $V$/S$'$7 E"09* $#%-$'9 49,(/+#$-0(/,( *(%(+$:-( +9/ 0(,i%,$%#% $#%-$:-( %( '(:( '( *($-#S$* I/ (- +i/+(* *(/$- '( +U-"-$% /9 +-$*$% -9% 0('#+$0(/,9% /(1*(+,90.$ N 0(,$%,$%(+,90#$ p"#*X*8#+$7 E"09* 4*#0$*#9 *(+9/9+#'9% (/ %" ,*$,$0#(/,9 %#%,U0#+9 %9/ '( $+"(*'9 $ (49,(/+#$-0(/,( *(%(+$:-( +9/ 0X-,#4-(% 0(,i%,$%#% %( '(:( *#(%892 H#(%89 09'(*$'9 9 $-,9 m D9*$1(/#:™ m D"/#,#/#: ™ m '( *($-#S$* /(1*(+,90.$ +#,9*('"+,#V$ (/ 4$+#(/,(% E(0%#*9-#0"% f(/ (%,"'#9% +-./#+9% 9 4*9,9+9-9%g m %(-(++#9/$'9% $/,(% '( -$ ,(*$4#$ %#%,U0#+$7 J$ (0:9-#S$+#M/ ^(V$+#S"0$: ~ @QBmŽ @/,(*1(*M/™ m )$S94$/#: m @/,(*-("+#/$mLc $*,(*#$- *(/$- %(-(+,#V$ 4"('( +9/%#'(*$*%( (/ $p"(--9% #/,(*1(*M/ m D9*$1(/#:™ m IV(*9-#0"% m A;#,#/#:> ™?#%49/#:-(% ,"09*(% *(/$-(% +9/%#'(*$'9% #**(%(+$:-(% +9/ 1#/(% (/ +"$'*9 :i%#+9 @/%,#,"+#9/$- @
H(+90(/'$'9 49* Q?A 4$-#$,#V9% +909 +9/,*9- '( 3(0$,"*#$ 9 '9-9* #/+9/,*9-$:-(7 G I
O f\7YLP } >7\T[c 4ƒ \7>LTg ^~@ V% DF ƒ +9/%#'(*$* :#94%#$ *(/$-7 B#/8X/ $8(/,( '( p"#0#9,(*$4#$ \7ZTO f\7P[Z } >7>P>c 4ƒ \7>a>g ) V% ^~@ ƒ \7[YO f\7Y>L } %9-9 3$ '(09%,*$'9 "/$ ,$%$ '( *(%4"(%,$ 0$N9* $- >\qc (/ >7T>ac 4ƒ \7aZPg DK V% ^~@ ƒ \7a>O f\7YLP } >7\T[c 4ƒ \7>LTg "/ (%,"'#9 '( p"#0#9,(*$4#$ +90:#/$'$ -$ *(%4"(%,$ 8-9:$DK V% DF ƒ \7Y>O f\7O[L } \7[TYc 4ƒ \7\O>>g DK V% ) ƒ \7aPP 1"( '( T7Tq7 )$+#(/,( +9/ E"09* /9 *(%(+$:-( (- ,*$,$0#(/,9 f\7TL> } >7OYYc 4ƒ \7P[g ) V% DF ƒ \7ZLY f\7P\Z } >7L[Tc 4ƒ *(+90(/'$'9 (% p"#0#9,(*$4#$7 D(-(++#9/$/'9 -9% \7LZag7 0('#+$0(/,9% '( $+"(*'9 $ (- ,#49 +(-"-$*7 J9% 0('#+$0(/,9% *(+90(/'$'9% 4$*$ (- ,*$,$0#(/,9 '( '(I- ,*$,$0#(/,9 0U'#+9 '( +i/+(* *(/$- V$*.$ '( $+"(*'9 $ ==H '( +U-"-$% +-$*$% (,$4$ @] '( 4*#0(*$ -./($ '#%49/#:-(% (/ (;,#*4( 3#%,94$,9-M8#+$c (% '(+#* %# (% '( +U-"-$% +-$*$% 9 (- +"$'*9 :i%#+9 @/%,#,"+#9/$- @
™?#%49/#:-(% (/ +"$'*9 :i%#+9 @/%,#,"+#9/$- @
*(/$- f+U-"-$% +-$*$%g (/ (- 4$.%c 3$%,$ /9 '(09%,*$* (1#+$+#$ N H(+90(/'$'9 49* Q?A G I
P '.$% '( '(%+$/%9 >TP
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0'"*$/,( (- ,#(049 /(+(%$*#9 4$*$ 3$%,$ /9 4*98*(%#M/ 9 #/94(*$:-(c -9+$-0(/,( $V$/S$'9 N 0(%,$%,i%#+9 (% 0$,(*#$ ,9;#+#'$'7 A-8"/9% $",9*(% 3$/ *(+90(/'$'9 '9%#% :$k$ '( '(:$,(7 J$% +#,9%#/$% p"( %( 3$/ ",#-#S$'9 (/ #/#+#$- 4$*,#(/'9 '( >L7T 08 ( #* #/+*(0(/,$/'9 #/0"/9,(*$4#$ '(- ,*$,$0#(/,9 '(- +i/+(* *(/$- 0(%,$%,i%#+$ 4$"-$,#/$0(/,( $ -$ '9%#% (%,i/'$*7 J9% (1(+,9% %(+"/'$*#9% %9/2 m @/,(*1(*M/ m @/,(*-("+#/$ Lf@JmLg I/ +$%9 '( '#%49/(* '( '(- D"/#,#/#: 0i% 1*(+"(/,(0(/,( 9:%(*V$'9% %9/2 m @/,(*-("+#/$mL '(:( $'0#/#%,*$*%( (/ $-,$% '9%#% %#(/'9 '( R(4$,9;#+#'$' f%( '(:( :$k$* -$ '9%#% 8*$'"$-0(/,(g m Y\\c \\\ K5n8 9 ZL\c \\\ K5n8 9*#8#/$- '#-"#'$ (/ >\\ 0- '( IV(/,9% 3(09**i8#+9% 9 ,*90:M,#+9% f%( '(:(/ *($-#S$* %9-"+#M/ 8-"+9%$'$ $- Tqc $%+9$'9 $ >\ 0- '( $-:X0#/$ $- L\q (%,"'#9% 4$*$ 09/#,9*#S$* -$ +9$8"-$+#M/g m R#4(*,(/%#M/ @] '"*$/,( >T 0#/",9% '( a5a 3 49* 3$%,$ "/3 0i;#09 '( >P f#/#+#$* ,*$,$0#(/,9 $/,#3#4(*,(/%#V9g7 '9%#% %(8"#'$%w [ $ >P '.$% '(%4"U%c $'0#/#%,*$* /"(V9 +#+-9 +9/9 -$ 0#%0$ '9%#%f> +#+-9 (/ '9% 4$*,(%g7 H(V$-"$* -$ I/ (- +i/+(* $V$/S$'9 9 0(%,$%,i%#+9 -$ #/+-"%#M/ '( 4$+#(/,( *(%4"(%,$ '(%4"U% '( Y $ a %(0$/$%7 D# (;#%,( *(%4"(%,$c (/ (/%$N9% +-./#+9% :#(/ '#%(r$'9% '(:( %(* -$ 4*#0(*$ *(4(,#* '9% V(+(% 0i% (- 0#%09 ,*$,$0#(/,9 +$'$ >L 94+#M/7 I/ :$%( $- +*#,(*#9 '( 4$+#(/,( +9/ =H 0(%,$%,i%#+9 %(0$/$/%7 A-8"/9% (%,"'#9% '9+"0(/,$/ -$ +$4$+#'$' '( -$ %#/ ,*$,$0#(/,9 4*(V#9 (- 0('#+$0(/,9 '( p"#0#9,(*$4#$ '( +#,9%#/$ @JmL (/ '9%#% $-,$% 4$*$ #/+*(0(/,$* -$ ,$%$ '( 4*#0(*$ (-(++#M/ (% (- D"/#,#/#: 9 (- ^(V$+#S"0$: 0$% *(%4"(%,$ (/ +904$*$+#M/ $ '9%#% :$k$%c J$ B(1*(+,90.$ ~ #/,(*1(*M/c (/ +$%9 '( /9 49'(* $4-#+$* -9% -$ %#8"#(/,( 94+#M/ @/,(*1(*M/ $-1$ 09%,*M 0$N9* %"4(*V#V#(/+#$ N +9/,*9- '( -$ (% D9*$1(/#:c 9:%(*V$+#M/ 9 D"/#,/#:7 I/ 4$+#(/,( N$ ,*$,$'9% (/1(*0('$' (/ +904$*$+#M/ $ /(1*(+,90.$ %9-$7 I/ =H +#,9%#/$% *(1*$+,$*#$% (- 0('#+$0(/,9 #/'#+$'9 (% D"/#,#/#: 9 $V$/S$'9 -$ +90:#/$+#M/ '( /(1*(+,90.$ (/ 4$+#(/,(% (/ D9*$1(/#: 3$:#(/'9 +909 9,*$ $-,(*/$,#V$ D"/#,#/#:7 I/ +9/'#+#9/(% '( -$ 0#%0$ +90:#/$'$ $ #/,(*1(*M/ (%,i/ 4$+#(/,(% +9/ 49:*( 4*9/M%,#+9 %( 4"('( +9/%#'(*$* +909 *(+90(/'$'9% +9/ 1#/(% '( $"0(/,$* -$ %"4(*V#V(/+#$ N $-,(*/$,#V$ (- "%9 '( D"/#,#/#: N$ p"( (/ "/ (%,"'#9 $4*9:$'9 +9/,*9- '( -$ (/1(*0('$'7 I/ $p"(--9% 4$+#(/,(% +9/ ==H ( %( #/+-"N(*9/ "/ 8*"49 4(p"(r9 '( 4$+#(/,(% +9/ 49:*( #/V9-"+*9 '( V(/$ +$V$ '(:(*i %9-#+#,$*%( "-,*$%9/#'9 '944-(* 4*9/M%,#+97 '( +$V$c $/8#9,$+ 9 $/8#9**(%9/$/+#$ 4$*$ %" $'(+"$'$ (,$4#1#+$+#M/ +9/ 1#/(% '( 4-$/($+#M/ p"#*X*8#+$7 J$ ,(*$4#$ +9/ #/,(*-("+#/$mL '(:( +9/%#'(*$*%( (/ 4$+#(/,(% '( 4*9/M%,#+9 :"(/9 9 #/,(*0('#9 N +9/ n$*/91%|N '( >\\ ( E9'9% $p"(--9% 4$+#(/,(% p"( %($/ +$/'#'$,9% 4$*$ 3#%,9-98.$ '( +U-"-$% +-$*$% I- 4$%94$/#: N ,(0%#*9-#0"% /9 %( /(1*(+,90.$ *$'#+$- +9/ ,*90:(+,90.$ 49* #/V9-"+*9 '( V(/$ (/+"(/,*$/ '#%49/#:-(% (/ (- +"$'*9 :i%#+9 '(- @
L %9/ (V(/,9% *(%(++#M/ 1"(*$ '( -9% (/%$N9% +-./#+9%7 I;#%,(/ 49+9% (%,"'#9% +$*'#$+9%c 3(09**i8#+9% 9 *($++#9/(% 'U*0#+$% I/ "/$ %9:*( (- 4$4(- '( -$ ,(*$4#$ +9/ +#,9%#/$% +909 ,*$,$0#(/,9 *(V#%#M/ %#%,(0i,#+$ %( +9/+-"N( p"( (- ,*$,$0#(/,9 +9/ $'N"V$/,( 4$*$ -9% 4$+#(/,(% +9/ ,"09* +\904-(,$0(/,( D9*$1(/#:c '(:( #/#+#$* +9/ :$k$% '9%#% +9/ 1#/(% '( *('"+#* -$ *(%(+$:-(7 J$ ,(*$4#$ $'N"V$/,( +9/ +#,9%#/$% /9 0(k9*$ -$ #/+#'(/+#$ '( (V(/,9% $'V(*%9%c +909 -9 %(*.$ P\\ 08 "/$ V(S %"4(*V#V(/+#$ 8(/(*$- '(%4"U% '( -$ /(1*(+,90.$7 $- '.$7 I/ 4$+#(/,(% +9/ 3#%,9-98.$ %$*+90$,9#'( -$ +90:#/$+#M/ '( $-8"/9% 1i*0$+9% +909 8(0+#,$:#/$ N '9;9*":#+#/$ %( 3$/ $-+$/S$'9 *(%4"(%,$% 9:k(,#V$% '(- Laq7 J$ ",#-#'$' '( -$ #/0"/9,(*$4#$ 4$*$ (- +$*+#/90$ '( +U-"-$% *(/$-(%
HA?@FEIHA)@A
>TT
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-9+$- $ '#%,$/+#$ p"( *(p"#(*$/ ,*$,$0#(/,9 %#%,U0#+9w $%. J$ *$'#9,(*$4#$ $'N"V$/,( /9 %( +9/%#'(*$ (%,i/'$* (/ 4$+#(/,(% +9/ ==H7 J$ *$'#9,(*$4#$ 4"('( %(* +9/%#'(*$'$ +909 4$+#(/,(% p"( *(p"#(*$/ ,*$,$0#(/,9% 4$-#$,#V9% +9/ 4$*$ +9/,*9-$* -$ 3(09**$8#$ N (- '9-9* '(- ,"09* 4*#0$*#9c *$'#9,(*$4#$ 9 +-./#+$ '(- '9-9*c (/ +$%9 '( /9 +9/,$* +9/ ($-#V#$* -9% %./,90$% '( -$% 0(,i%,$%#% N +9/,*9- '( -$% *(+"*%97 0(,i%,$%#% +(*(:*$-(%7 J$ H$'#9,(*$4#$ 4*(94(*$,9*#$ /9 (%,i D(*i/ +9/,*$m*(1(*#'9% -9% 4$+#(/,(% +9/ Y $r9% '( V#8#-$/+#$ N #/'#+$'$ (/ 4$+#(/,(% +9/ +i/+(* *(/$-7 J$ H$'#9,(*$4#$ %#/ $+,#V#'$' ,"09*$-7 D(*i/ +9/,*$m*(1(*#'9% -9% 4$+#(/,(% 4"('( %(* ",#-#S$'$ (/ 4$+#(/,(% %#/,90i,#+9% +9/ 0(,i%,$%#% p"( /9 '(%($/ +9/,#/"$* +9/ (- 0$/(k9 9/+9-M8#+97 +(*(:*$-(% " M%($% %#/,90i,#+$% p"( /9 *(%49/'$/ $ 0$/(k9 %#%,U0#+97 J$ *$'#9,(*$4#$ $'N"V$/,( /9 %( +9/%#'(*$ (%,i/'$* (/ 4$+#(/,(% +9/ ==H7 I/ (- 0$/(k9 '( 0(,i%,$%#% +(*(:*$-(% %( 4"('( N$ %($ +9/ #**$'#$+#M/ +(*(:*$- ,9,$- 9 (%,(*(9,i;#+$ '( -(%#9/(% +(*+$/$% N (/ 0(,i%,$%#% M%($% 4"('( #/'"+#* "/ $-#V#9 '( -9% %./,90$% 49* +i/+(* 0(%,$%,i%#+97 J$ %(8"*#'$' '( -$ V#8#-$/+#$ $+,#V$ #/#+#$- +9/ (- ,*$,$0#(/,9 '#1(*#'9 4$*$ -$ 4*98*(%#M/ 9 %( 3$ (%,$:-(+#'9c %#/ (0:$*89 %( +9/%#'(*$ "/$ $-,(*/$,#V$ 4$*$ -$ $,(/+#M/ '( 0$%$% 4(p"(r$% $%#/,90i,#+$% (/ 4$+#(/,(% /9 +$/'#'$,9% $ +#*"8.$7 I- %(8"#0#(/,9 '(:( '( #/+-"#* -$ V#8#-$/+#$ +9/ #0$8(/9-98.$ (/ 19*0$ %(*#$'$7 I/ +$%9% '( p"( -$ (V$-"$+#M/ +-./#+$ N -9% (%,"'#9% '( %(8"#0#(/,9 %($/ %"8(%,#V9% '( *(+$.'$ -9+$- 9 $ '#%,$/+#$% %( %9-#+#,$*$/ (%,"'#9% '( (;,(/%#M/7 )$+#(/,(% (/ (,$4$ @ $ @@@ p"( *(+#:#(*9/ ,*$,$0#(/,9 p"#*X*8#+9 4$*+#$- 9 *$'#+$- %( *(+90#(/'$ 4$*$ %" V#8#-$/+#$ -9% %#8"#(/,(2 m A 4$*,#* '( -9% O 0(%(% 49%,(*#9*(% $- ,*$,$0#(/,9 #/#+#$- N '"*$/,( Y $r9% c %( '(:( *($-#S$*2 9 I%,"'#9% %$/8"./(9% ^R N 4(*1#- 0(,$:M-#+97 9 K-,*$%9/#'9 $:'90#/$- +9/ (/19p"( *(/$-c 9 E9098*$1.$ +904",$*#S$'$7 9 H$'#98*$1.$ '( ,M*$; =#,$ +$'$ Y 0(%(% +9/ (V$-"$+#M/ +-./#+$c N *($-#S$+#M/ '( 4*"(:$% '( -$:9*$,9*#9 N 8$:#/(,(7 I/ -$ #/%,#,"+#9/(% '(%(+,9* D$-"' (- %(8"#0#(/,9 %( --(V$ $ +$:9 %(0(%,*$- '"*$/,( -9% L 4*#0(*9% $r9%c N $/"$- '(/,*9 '( -9% %#8"#(/,(% O $r9%c 4$*$ V$-9*$* %# /9 3$N $+,#V#'$' %( *(1#(*( $- %(8"/'9 9 4*#0(* /#V(-7
=H@EIH@FD ?I HIQIHIB=@A D( (/V#$*$/ $ $p"(--9% 4$+#(/,(% +9/ %9%4(+3$ +-./#+$ N *$'#9-M8#+$ 4*(%"/,#V$ '( ,"09* *(/$- $+904$r$'$ +9/ (%,"'#9% '( 0./#0$ #/V$%#M/ +909 "-,*$%9/#'9 $:'90#/$-7 D( (/V#$*$/ $ $p"(--9% 4$+#(/,(% +9/ '#$8/M%,#+9% 3#%,94$,9-M8#+9 '( =H7 I/ $p"(--9% 4$+#(/,(% +9/ ==H +9/%#'(*$'9% +909 +$%9% (%4(+#$-(% 49* %" 0U'#+9 ,*$,$/,( (/ %(8"/'9 /#V(- N$ %($ 49* '#1#+"-,$' EU+/#+$ 9 1$-,$ '( *(+"*%9% 49'*i/ %(* (/V#$'9% $ ,(*+(* /#V(- 4$*$ %" V$-9*$+#M/ N59 $,(/+#M/7 D(*i/ (/V#$'9% -9% 4$+#(/,(% +9/ ==H (/ (,$4$% $V$/S$'9% f@]g 9 +9/ *(+$.'$ >TY
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0J9% -#/190$% %9/ "/ 8*"49 3(,(*98U/(9 '( /(94-$%#$% '( 9*#8(/ -#/19#'(c +-$%#1#+$'9% (/ '#%,#/,$% (/,#'$'(% +-./#+$% p"( *(%"-,$/ '( -$ +90:#/$+#M/ '( -9% '$,9% +-./#+9%c -9% 3$--$S89% 09*19-M8#+9%c #/0"/9-M8#+9% N -$% $/9*0$-#'$'(% +#,98(/U,#+$%c +9/'"+,$ :#9-M8#+$ N *(%4"(%,$ $- ,*$,$0#(/,9 V$*#$:-( *("/#'9% ,9'9% (--9% (/ -$ +-$%#1#+$+#M/ '( -#/190$%7 Q$+,9*(% 4*('#%49/(/,(% 4$*$ '(%$**9--$* JBR %9/2 !(/U,#+9%c #/0"/9'(1#+#(/+#$ +9/8U/#,$ 9 $'p"#*#'$ N +9/ #/0"/9%"4*(%#M/ 1$*0$+9-M8#+$ +*M/#+$7 I;#%,( "/$ 0$N9* #/+#'(/+#$ (/ 4(*%9/$% +9/ #/0"/9%"4*(%#M/ +9/8U/#,$ 9 $'p"#*#'$c (/1(*0('$'(% $",9#/0"/(% fDk98*(/c ,#*9#'#,#%c (/1(*0('$' =(-.$+$gc$%9+#$'$ $ #/1(++#9/(% V#*$-(% fI:%,(#/ ^$**c RE]Jm>g 9 R(-#+9:$+,(* 4N-9*#7 D( *(+90#(/'$ +9/9+(* -9% 1$+,9*(% '( *#(%89 4$*$ (- '(%$**9--9 '( J#/190$% $ (1(+,9 '( 4*(V(/#* %" '(%$**9--9 9 :#(/ 4$*$ #'(/,#1#+$* $ -9% 4$+#(/,(% (/ *#(%897
?@A!BCDE@=F I- '#$8/M%,#+9 +-./#+9 %( :$%$ (/ -$ 4*(%(/+#$ '( 1#(:*(c '#$19*(%#%c 4U*'#'$ '( 4(%9c %./'*90( #/1#-,*$,#V9 f49* (k(07 $'(/94$,.$%c (%4-(/90(8$-#$c 3(4$,90(8$-#$c (,+g7 J$ 0$N9*.$ %( 4*(%(/,$ +9/ $'(/94$,.$% '( +*(+#0#(/,9 4*98*(%#V9c #/'9-9*$%c +(*V#+$-(%c $;#-$*(% 9 #/8"#/$-(%c 4(*9 "/ L\q 4"('( 4*(%(/,$*%( (/ %#,#9% (;,*$8$/8-#9/$*(%c +"N$ ":#+$+#M/ 0i% 1*(+"(/,( (% '#8(%,#V$7 )"('( 3$:(* %./,90$% f^g 2 1#(:*(c %"'9*$+#M/ 9 :$k$ '( 4(%97 D./,90$% !@2 (/ -#/190$ 4*#0$*#9 '#8(%,#V9c 0$% 1*(+"(/,(0(/,( 8i%,*#+97 =904*90#%9 4*#0$*#9 9 %(+"/'$*#9 '( 9,*9% M*8$/9% (;,*$/9'$-(%2 4#(-c V.$ $U*($ $-,$c $0.8'$-$%c DB=c M%(9c ,#*9#'(%7 I/ +$%9 '( $1(+,$+#M/ $- DB= 4"('(/ (;#%,#* %./,90$% /("*9-M8#+9% 9 :#(/ '$,9% +-./#+9% 49* +904*(%#M/ 0('"-$* f4$*(%,(%#$%c 4$*$4$*(%#$g7 I1(+,"$* :#94%#$ *(4*(%(/,$,#V$ '( -$ S9/$ ,"09*$- 9 *(V#%#M/ '(- 0$,(*#$- '#%49/#:-( %#(04*( N +"$/'9 %($ $'(+"$'9 4$*$ '#$8/M%,#+9 3#%,94$,9-M8#+9 #'($-0(/,( 49* 4$,M-989 (;4(*#0(/,$'97 )9%,(*#9*0(/,( (%,"'#9 '( #/0"/93#%,9p".0#+$7
2$&4+!'0 &+ >+#.E$& J9% (%,"'#9% +-./#+9% 3$/ '9+"0(/,$'9 p"( -$ 49:-$+#M/ '( 0i% '( Y\ $r9%c $%. +909 -$ (;49%#+#M/ 9+"4$+#9/$- $ $8(/,(% ,M;#+9%c $'(0i% '( #/1(++#9/(% +909 ]@R N R(-#+9:$+,(* )N-9*# #/+*(0(/,$/ -$ #/+#'(/+#$ '( J#/190$ /9 R9'8|#/7 D( *(+90#(/'$ (V#,$ +9/,$+,9 +9/ $8(/,(% 0#(-9,M;#+9% +9/9+#'9% N 4*(V(/#* (/1(*0('$'(% #/1(++#9%$% p"( 1$V9*(+(/ -$ $4$*#+#M/ '( J#/190$%7
J$ :#94%#$ 49* $%4#*$+#M/ +9/ $8"k$ 1#/$ /9 (% $'(+"$'$ 4$*$ (%,$:-(+(* (- '#$8/M%,#+9 #/#+#$- '( J#/190$c $%. +909 %" +-$%#1#+$+#M/ +9**(+,$7 I% *(+90(/'$:-( *($-#S$* :#94%#$ '(8$/8-#9c M*8$/9 9 ,(k#'9 $1(+,$'9 +9/ (- 9:k(,#V9 '( (%,$:-(+(* (- '#$8/M%,#+9 '(1#/#,#V9 N 4*(+#%97 J9% (;i0(/(% '( -$:9*$,9*#9 p"( '(:(*i/ '( %(* *($-#S$'9% %9/2 ^#90(,*.$ 3(0i,#+$ +904-(,$ p"( #/+-"N$ -$ $'(+"$'$ -(+,"*$ 09*19-M8#+$ 4$*$ #'(/,#1#+$+#M/ '( +U-"-$% '( -#/190$c V(-9+#'$' '( %('#0(/,$+#M/ 8-9:"-$*c p".0#+$ %$/8"./($c >TZ
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,04*"(:$% '( 1"/+#M/ 3(4i,#+$c '(%3#'*98(/$%$ -i+,#+$c I%,$'#9 @m@@ %#/ (/1(*0('$' V9-"0#/9%$ N %#/ 1$+,9*(% '( 19%1$,$%$ $-+$-#/$c :(,$ L 0#+*98-9:"-#/$c (-(+,*9-#,9% %U*#+9%c *#(%892 H$'#9,(*$4#$ -9+9**(8#9/$- " 9:%(*V$+#M/ (/ +$%9% (;i0(/ 8(/(*$- '( 9*#/$7 A%4#*$'9 '( 0U'"-$ M%($ N :#94%#$ %(-(++#9/$'9%7 J9% 4$+#(/,(% +9/ I%,$'#9 @m@@ %#/ (/1(*0('$' '( 3"(%9 f"/# 9 :#-$,(*$-gc (/ +$%9% %(-(++#9/$'9% (%,"'#9 '( V9-"0#/9%$ N +9/ 1$+,9*(% '( *#(%892 W"#0#9,(*$4#$ +9/ 9 %#/ #/0"/91(/9,#49 N 8(/U,#+97 J9% (;i0(/(% '( 8$:#/(,( @/0"/9,(*$4#$ 9 p"#0#9,(*$4#$ 0i% *$'#9,(*$4#$7 J9% /(+(%$*#9% 4$*$ (- '#$8/M%,#+9 %9/2 H$'#98*$1.$ '( ,M*$;c 4$+#(/,(% +9/ I%,$'#9% @@ +9/ (/1(*0('$' V9-"0#/9%$ 9 ,9098*$1.$ +904",$'$ '( ,9*$;c $:'90(/ N 4(-V#%7 I/ +$%9% I%,$'#9% @@@@]2 Hm=RF) 9 Hm=]) 9 QH 9 HmQ 9 H %(-(++#9/$'9% %( 4"('( (04-($* EA= '( +"(--9c N 0$+#S9 f09/9,(*$4#$g 9 =-9*$0:"+#- f(%,( X-,#09 (/ +$%9% 1$+#$-c $%. +909 )IE =E7 J9% (;i0(/(% '( 8$:#/(,( /(+(%$*#9% %(-(++#9/$'9%g7 4$*$ (- '#$8/M%,#+9 %9/2 H$'#98*$1.$ '( ,M*$;c ,9098*$1.$ I/ (- 8*"49 '( -9% -#/190$% $8*(%#V9%c %( ,90$ +909 :$%( (+904",$'$ '( ,9*$;c $:'90(/ N 4(-V#%7 I/ +$%9% J?=!^c (- +"$- (% (- 0i% +90X/ N %( +9/%#'(*$ (- 4*9,9,#49 %(-(++#9/$'9% %( 4"('( (04-($* EA= '( +"(--9c N 0$+#S9 4$*$ (%,( ,#49 '( -#/190$%7 )$+#(/,(% (/ I%,$'#9% @ N @@ %#/ 1$+#$-c $%. +909 )IE =E7 I- )IE =E %( 4"('( (1(+,"$* (/1(*0('$' V9-"0#/9%$ N %#/ 9,*9% 1$+,9*(% '( *#(%892 #/#+#$-0(/,( (/ +$%9 '( '"'$ (/ (%,$'#9% ,(04*$/9%7 I% X,#@/'"++#M/ H}=RF) ; O+#+-9% 0i% *$'#9,(*$4#$ -9+9**(8#9/$4$*$ (V$-"$* *(%4"(%,$ $ ,*$,$0#(/,97 I/ +$%9 '( %9%4(+3$ fO\}OY!Ng M Hm=RF) ; Yma +#+-9% +"$/'9 -$ H$'#9,(*$4#$ (%,$ N59 *#(%89 '( #/1#-,*$+#M/ '( %#%,(0$ /(*V#9%9 +(/,*$- %( +9/,*$#/'#+$'$ 9 /9 '#%49/#:-(7 )$+#(/,(% (/ I%,$'#9% @ N @@ %#/ *(+90#(/'$ *($-#S$* 4"/+#M/ -"0:$*c +#,9p".0#+9 +9/ ?RJc (/1(*0('$' V9-"0#/9%$ N +9/ 1$+,9*(% '( *#(%892 @/'"++#M/ +#,9-M8#+9 N +#,90(,*.$ '( 1-"k97 A'(0i% '( E9098*$1.$ H}=RF) ; O +#+-9% 0i% *$'#9,(*$4#$ -9+9**(8#9/$- fO\}OY!Ng 9 =904",$'$ '( =*i/(97 Hm=RF) ; Y $ a +#+-9% +9/ 9 %#/ H$'#9,(*$4#$ -9+9**(8#9/$-7 )$+#(/,(% (/ I%,$'#9% @ N @@ +9/ (/1(*0('$' V9-"0#/9%$2 Hm I/ (- 8*"49 '( JBR $8*(%#V9% '(:( (%,$:-(+(*%( (- e/'#+( )*9/M%,#+9 @/,(*/$+#9/$- f@)@g p"( V$-9*$2 ('$'c (,$4$ '( A// =RF) ; Yma +#+-9% ~ H$'#9,(*$4#$ -9+9**(8#9/$-7 I%,$'#9% @@@ N A*:9*c '(%(04(r9 1.%#+9 fI=F!gc ?RJ N %#,#9% '( #/1#-,*$+#M/ @] ~ @)@ $k"%,$'9 $ ('$'2 Hm=RF) Yma +#+-9% 9 (%p"(0$% (;,*$/9'$-7 I- e/'#+( )*9/M%,#+9 @/,(*/$+#9/$- (% X,#- (/ #/,(/%#1#+$'9% fHm=RF) >Pc Hm=RFI) 9 Hm=RF) @/,(/%#1#+$'9g7 J#/190$ ?#1"%9 '( =U-"-$% !*$/'(% N /9 (% $'(+"$'9 ",#-#S$*-9 J#/190$% $8*(%#V9% (/ *(0#%#M/ +904-(,$2 J$ ,(*$4#$ '( (/ 9,*$% V$*#$/,(% '( J#/190$7 I/ (- 8*"49 '( JBR $8*(%#V9% +9/%9-#'$+#M/ (%,$ k"%,#1#+$'$ :$k9 (%,"'#9% +-./#+9% '(:( (%,$:-(+(*%( (- e/'#+( )*9/M%,#+9 @/,(*/$+#9/$- f@)@g p"( f#/+-"N(/'9 E=)Rc #/0"/9,(*$4#$c (,+7g7 J#/190$% #/'9-(/,(% V$-9*$2 ('$'c (,$4$ '( A// A*:9*c '(%(04(r9 1.%#+9 fI=F!gc (/ *(0#%#M/ +904-(,$2 J$ ,(*$4#$ '( +9/%9-#'$+#M/ (%,$ ?RJ N %#,#9% '( #/1#-,*$+#M/ (;,*$/9'$-7 I/ (- 8*"49 '( JBR k"%,#1#+$'$ :$k9 (%,"'#9% +-./#+9% f#/+-"N(/'9 E=)Rc #/'9-(/,(% '(:( (%,$:-(+(*%( (- e/'#+( )*9/M%,#+9 #/0"/9,(*$4#$c (,+7g7 I/ J#/190$% $8*(%#V9% %( *(+90#(/'$ (@/,(*/$+#9/$- 4$*$ -#/190$ 19-#+"-$* fQJ@)@g p"( V$-9*$2 ('$'c (04-(9 '( ,(*$4#$ '( +9/%9-#'$+#M/ (,$4$ '( A// A*:9*c '(%(04(r9 1.%#+9 fI=F!gc R: N /X0(*9 '( %#,#9% 8$/8-#9/$*(%7 J#/190$% @/'9-(/,(%2 I- 0$/,(/#0#(/,9 +9/ *#,";#0$: (%,$ #/'#+$'9 :$k9 (%,"'#9% +-./#+9%7 I- 0$/,(/#0#(/,9 +9/ I- QJ@)@ (% X,#- (/ -#/190$ 19-#+"-$* N /9 (% $'(+"$'9 ",#-#S$*-9 @/,(*1(*9/ $-1$ ,*(% V(+(% $ -$ %(0$/$ 49* "/ $r9c +"$/'9 /9 (/ 9,*$% V$*#$/,(% '( -#/190$7 I/ (- 8*"49 '( JBR $8*(%#V9% %( '#%49/8$ '( *#,";#0$:7 J#/190$% A8*(%#V9%2 I'(:( (%,$:-(+(*%( (- e/'#+( )*9/M%,#+9 @/,(*/$+#9/$- f@)@g p"( 0$/,(/#0#(/,9 +9/ *#,";#0$: (% *(+90(/'$:-( (/ $p"(--9% V$-9*$2 ('$'c (,$4$ '( A// A*:9*c '(%(04(r9 1.%#+9 fI=F!gc 4$+#(/,(% p"( 49* $-8"/$ *$SM/ /9 -9 *(+#:#(*9/ (/ -$ ?RJ N %#,#9% '( #/1#-,*$+#M/ (;,*$/9'$-7 I/ (- 8*"49 '( JBR #/'"++#M/7 J$ *(%4"(%,$ %( (V$-"$*$ $- 1#/$- '(- ,*$,$0#(/,9 '( #/'9-(/,(% '(:( (%,$:-(+(*%( (- e/'#+( )*9/M%,#+9 #/'"++#M/ %(-(++#9/$'9c 4*(V#9 $ *$'#9,(*$4#$7 D( '(1#/(/ @/,(*/$+#9/$- 4$*$ -#/190$ 19-#+"-$* fQJ@)@g p"( V$-9*$2 ('$'c +*#,(*#9% '( *(%4"(%,$ (/ -$ ,$:-$%7 D( *(+90#(/'$ 4$*$ (,$4$ '( A// A*:9*c '(%(04(r9 1.%#+9 fI=F!gc R: N /X0(*9 (V$-"$* +*#,(*#9% '( *(%4"(%,$ (/ -9% 4$+#(/,(% +9/ JBRc '( %#,#9% 8$/8-#9/$*(%7 I/ +$%9 '( (%,$* $++(%#:-( *($-#S$* $4(8$*%( $ -9% +*#,(*#9% *(1(*#'9% 49* -9% (%,"'#9% +-./#+9%7 (;4*(%#M/ '( :+-mLc :+-mY N59 :+-m L5@8R7
EHAEA<@IBEF I/ (- 8*"49 '( -9% -#/190$% @/'9-(/,(%c %( ,90$ +909 :$%( $J#/190$ Q9-#+"-$* fB9 +9/%#'(*$* JQO:g7 J9% 4$+#(/,(% +9/
I/ 4$+#(/,(% +9/ J?=!^ +9/ @)@ '( *#(%89 :$k9 %#/ (/1(*0('$' V9-"0#/9%$2 I/ #/'"++#M/ %( +904$*$ H}=RF) ; Y +#+-9% V% =RF) %9-97m -$ DJI Z[q V% T[q f4z \7\\\>g N D! [Oq V% aPq f4ƒ\7\\\>g $ O $r9% *(%4(+,#V$0(/,(7 I/ 4$+#(/,(% +9/ @)@ '( *#(%89 :$k9 +9/ (/1(*0('$' V9-"0#/9%$2 Hm=RF) V% =RF) '#%0#/"N( (- *#(%89 4(*9 /9 -9 (-#0#/$ (/ >Ta
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0DJI aP7Yq V% TZ7Pq f4ƒ\7\PZg N -$ D! [P7Yq V% a>7Yq f4 3#%,9-M8#+$7 J$ $'#+#M/ '( *#,";#0$: %( *(+90#(/'$ (/ \7\OZg7 I/ -9% 4$+#(/,(% +9/ @)@ '( *#(%89 :$k9 +9/ 4$+#(/,(% (/ p"#(/(% /9 ",#-#S$*9/ #/#+#$-0(/,( 9 +"$/'9 (/1(*0('$' V9-"0#/9%$2 ?$* Hm=RF) +9/ 9 %#/ *$'#9,(*$4#$ ,#(/(/ 0i% '( >L 0(%(% '( %" X-,#0$ '9%#%7 J#/190$ Q9-#+"-$* N59 #/8*(%$*-9 $ "/ (%,"'#9 +-./#+97 I/ 4$+#(/,(% 0$N9*(% '( @@@ N (/ ,*$/%19*0$+#M/ '(:(/ %(* 0$/(k$'9% +909 -9% J?=!^7 Y\ $r9% %( +904$*$2 Hm=RF)L> ; a V% =RF)L> ; a +#+-9%2 H= I- E=)R $",M-989 (/ > *(0#%#M/ %( 4"('( *($-#S$* %9-9 :$k9 ZYq V% YOq f4ƒ\7\\Tgc DJ) $ Z $r9% TLq V% L[q f4z\7\\\>g N (%,"'#9 +-./#+97 I- E=)R $-98U/#+9 /9 %( *(+90#(/'$ (/ > D! '( TOq V% OYq f4z \7\\\Pg7 I- :(/(1#+#9 1"( 0$N9* (/ @)@ *(0#%#9/7 I/ L N O H= %( *(+90#(/'$ E=)R $",M-989 N '( *#(%89 :$k97 I- 9,*9 (%,"'#9 (/ 4$+#(/,(% '( 0i% '( Y\ $-98U/#+9 '( #/,(/%#'$' *('"+#'$c (- 0#(-9$:-$,#V9 %9-9 :$k9 $r9% (% (- H@=F]IH Y\ +9/ Hm=RF)>P ; Y V% =RF)>P ; Y +#+-9% (%,"'#9 +-./#+97 J9% 4$+#(/,(% +9/ J#/190$ Q9-#+"-$* (/ tI/ (- 8*"49 '( Hm=RF) %( 0$/,"V#(*9/ a '9%#% '( *#,";#0$:g2 *(0#%#M/ 4$*+#$- N +904-(,$ '(:(/ *(+#:#* 0$/,(/#0#(/,9 +9/ H= ZOq V% aLq f4z \7\\>gc D! YZ7Zq V% Za7>q f4ƒ\7\>a>g7 D( *#,";#0$: 49* "/9 9 '9% $r9% '(4(/'#(/'9 '(- (%p"(0$ '( *(+90#(/'$ ",#-#S$* Hm=RF)L> ; Y +#+-9% f0$/,(/#(/'9 a 0$/,(/#0#(/,9 (-(8#'9 9 %(* #/+-"#'9% (/ "/ (%,"'#9 +-./#+97 +#+-9% '( *#,";#0$:g N %9-M ",#-#S$* Hm=RF)>P :$k9 (%,"'#9 J$ DJ) +9/ 0$/,(/#0#(/,9 V% 9:%(*V$+#M/ 1"( '( T>7T 0(%(% +-./#+9 N +9/ ,(*$4#$ '( %949*,( N QI=m!7 )$+#(/,(% V% >P7[ 0(%(% f4z\7\\>g7 J$ DJ) +9/ 0$/,(/#0#(/,9 '(%4"U% H(1*$+,$*#9% 9 (/ H(+$.'$2 )$+#(/,(% +$/'#'$,9% $ ,(*$4#$ '( '( -$ #/'"++#M/ +9/ =RF) 1"( '( PL7L0 V% >>7Y0 +9/ %9-9 $-,$% '9%#%2 ?AR)~Hc IDRA)~Hc @=I~Hc <@BI~Hc (,+7 )"('( 9:%(*V$+#M/7 J$ DJ) +9/ 0$/,(/#0#(/,9 '(%4"U% '( Hm=RF) "%$*%( (- (%p"(0$ '( $+"(*'9 $ -$ (;4(*#(/+#$ N 1"( T>7a0 V% LO 0 +9/ %9-9 9:%(*V$+#M/ f4z\7\\>g7 J$ D! '#%49/#:#-#'$' (/ +$'$ +(/,*97 J$ $'#+#M/ '( *#,";#0$: %( 0(k9*M +9/ 0$/,(/#0#(/,9 $ aTq V% ZZq +9/ %9-9 *(+90#(/'$ (/ 4$+#(/,(% (/ p"#(/(% /9 %( ",#-#S$*9/ (%,( 9:%(*V$+#M/ $ O $r9% f4ƒ\7\>>g7 I- (%p"(0$ '( #/#+#$-0(/,( 9 +"$/'9 ,#(/(/ 0i% '( >L 0(%(% '( %" X-,#0$ 0$/,(/#0#(/,9 +9/ *#,";#0$: %(0$/$- 49* P %(0$/$% +$'$ Y '9%#%7 ="$/'9 %( -98*( H= '( 19*0$ M4,#0$ *($-#S$*%( E=)R 0(%(% 49* L $r9% 09%,*M "/ #/+*(0(/,9 (/ -$ DJ) $ O>7O $",M-9897 I/ H) %# (% (-(8#:-( V$-9*$* E=)R $",M-989 ~ 0(%(% V% Z7P 0(%(% +"$/'9 %( '#M *#,";#0$: +909 *$'#9,(*$4#$ M #/8*(%$* $ (%,"'#9% +-./#+9%7 ="$/'9 %( ,#(/( *(,*$,$0#(/,9 f4ƒ\7\\Zgc N -$% *(0#%#9/(% +904-(,$% 1"(*9/ #/1#-,*$'$ -$
Z %( *(p"#(*$ '( "/$ O -./($ '( ,*$,$0#(/,9c ",#-#S$* "/ 0(%(% 4$*$ -9% '( 9:%(*V$+#M/ f4z\7\\>g7 J$ D! 1"( '( ZZq N (%p"(0$ '( %(8"/'$ -./($ /9 (04-($'9 4*(V#$0(/,(c 9 TZq $ O $r9% 4$*$ 0$/,(/#0#(/,9 V% 9:%(*V$+#M/ #/+-"#* 8(0+#,$:#/(7 )"('( '$*%( 0$/,(/#0#(/,9 +9/ *(%4(+,#V$0(/,( f4 ƒ \7>g7 I- 0$/,(/#0#(/,9 4"('( '$*%( (/ *#,";#0$: (/ $p"(--9% 4$+#(/,(% p"( /9 *(+#:#(*9/ (/ -$ 4$+#(/,(% p"( *(+#:#(*9/ 9 /9 *#,";#0$: (/ -$ #/'"++#M/7 I#/'"++#M/7 B9 3$N %"1#+#(/,( (V#'(/+#$ $X/ 4$*$ k"%,#1#+$* ((%p"(0$ '( 0$/,(/#0#(/,9 0i% +90X/ (% "/$ '9%#% +$'$ O 0$/,(/#0#(/,9 (/ 4$+#(/,(% +9/ J?=!^ '(%4"U% '( -$ 0(%(% 49* L $r9%7 #/'"++#M/7 I- J=< (% +9/%#'(*$'9 +909 "/ -#/190$ $8*(%#V97 I% "/$ /(94-$%#$ '( +(-"-$% ^c +9/ "/$ 1*(+"(/+#% '( Om>\qc 0('#$/$ '( ('$' Y\ $r9%c R90:*(2<"k(* L2>7 @/V9-"+*$ 49* 1*(+"(/+#$ I%,$'#9 @m@@ %#/ (/1(*0('$' V9-"0#/9%$ N %#/ 1$+,9*(% '( 8$/8-#9%c :$S9c 0U'"-$ M%($ N %$/8*( 4(*#1U*#+$c 0(/9% *#(%892 H$'#9,(*$4#$ J9+9**(8#9/$- 9 p"#0#9,(*$4#$ ~ 1*(+"(/,(0(/,( ,":9 '#8(%,#V9c $/#--9 '( $-'(N(*7 J$ #/0"/9,(*$4#$ 9 p"#0#9,(*$4#$ ~ *$'#9,(*$4#$ " 9:%(*V$+#M/ 0$N9*#$ '( -$% 49-#49%#% -#/190$,9%$% 0X-,#4-(% +9**(%49/'( $ (/ +$%9% %(-(++#9/$'9% f+"$/'9 -$ ,9;#+#'$' '( -$ *$'#9,(*$4#$ -9% J=<7 R#%,9-M8#+$0(/,( 4*(%(/,$ +U-"-$% 4(p"(r$%c %($ 0$N9* p"( (- :(/(1#+#9g7 I%,$'#9 @@ +9/ (/1(*0('$' 09/909*1#+$%c +9/,9*/9 /"+-($* #**(8"-$*c +$*$+,(*#S$'$% 49* ]9-"0#/9%$ 9 +9/ 1$+,9*(% '( *#(%89 N (%,$'#9% @@@ N @]2 ,f>>w>Pg (;4*(%#M/ '( :+-m> ( #/0"/91(/9,#49 @8<5@8? +9/ ="$/'9 ,(/8$ #/'#+$+#M/ '( 0$/(k9 '( $+"(*'9 $ +*#,(*#9% *(%,*#++#M/ -$0'$ N 0(/9% 1*(+"(/,( |$44$c =?T~c =?>\~c !IJQ2 o =RF)mH7 o =])mHc o QHc o Q=Hc o Q~™c ^+-L~c =?LOmc =?PO~7 I% "/$ (/1(*0('$' *#,";#0$: $ -$ p"#0#9,(*$4#$ 09%,*M "/ #04$+,9 (/ -$ D! +9/%#'(*$'$ #/+"*$:-(c /9 (;#%,( "/ ,*$,$0#(/,9 (%,i/'$* N -$ +904$*$'9 +9/ p"#0#9,(*$4#$ %9-$ fFH \7YTc @= \7TP $ \7Zag7 94+#M/ 0i% (%,"'#$'$ (% Hm=RF) V% =RF)2 H! [Pq V% ZTqc -$ )*98*(%#M/ '( -$ I/1(*0('$' 9 H(+$.'$2 K,#-#S$* "/ (%p"(0$ H= OPq V% Zq *(%4(+,#V$0(/,( f4ƒ\7\\Lg N (- ,#(049 4$*$ '( #/'"++#M/ /9 (04-($'9 4*(V#$0(/,( p"( #/+-"N$ 1$--$ $ ,*$,$0#(/,9 (% '( L> 0(%(% V% >P 0(%(% f4ƒ\7\>gc /9 $/,*$+#+-#/$%7 )"('( "%$*%( (- (%p"(0$ '( $+"(*'9 $ -$ (;#%,( '#1(*(/+#$ (/ -$ DJ)7 HmRN4(*= ]A?2 H! [Zqc H= aZqc (;4(*#(/+#$ N '#%49/#:#-#'$' (/ +$'$ +(/,*97 I/ *(+$.'$ (% DJ '(1$--$ '( Paq $ T $r9%c D! YOq $ T $r9%7 fK/$ 09*,$-#'$' *(+90(/'$:-( ,90$* :#94%#$ 4$*$ (;+-"#* -$ ,*$/%19*0$+#M/ >T[
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0$%9+#$'$ $ ,*$,$0#(/,9 '(- aqg7 I- (%p"(0$ '( HmRN4(*= ]A? 49%,(*#9*0(/,( %(0(%,*$-7 I/ +$%9 '( '(,(*#9*9 +-./#+9 (% "/$ 94+#M/ '( ,*$,$0#(/,9 N '(:( $+904$r$*%( '( ,(*$4#$ V$-9*$* $/,(%7 I/ (- I%,$'#9 @I fEL 9 EOg 9 @@Ic %# %( +"(/,$ +9/ '( %949*,(w /9 (% *(+90(/'$:-( (/ 4$+#(/,(% 0$N9*(% '( YT -$% ,*$/%-9+$+#9/(% '(%1$V9*$:-(%c -$ *$'#9,(*$4#$ (%,$ $r9% 49* -$ ,9;#+#'$' $%9+#$'$ $ p"#0#9,(*$4#$7 J$ #/'#+$'$ 9 +-9*$0:"+#- >\ 08%5'.$ 49* L %(0$/$% +$'$ La +9/%9-#'$+#M/ '(%4"U% '( #/'"++#M/ +9/ RN4(*m=]A? %( '.$%c (/,*( Y $ >L +#+-9%7 H#,";#0$: 9 p"#0#9#/0"/9,(*$4#$ *($-#SM +9/ E=)R A",M-989 N +9/'#+#9/$0(#/,9 +9/ '9%#% $-,$% %9/ 9,*$% 94+#9/(% '( ,*$,$0#(/,97 I/ 4$+#(/,(% +9/ '( =#+-919%1$0#'$ ( #**$'#$+#M/ +9*49*$- ,9,$-7 J$ D! N DJI 1"( (/1(*0('$' '#%(0#/$'$ I@@@ 9 @]c (- ,*$,$0#(/,9 (% %#0#-$* $'( ZZq N POq *(%4(+,#V$0(/,(7 J$ D! $ T $r9% +9/ *(%4(+,9 $ '(%+*#,9 4$*$ 9,*9% -#/190$% #/'9-(/,(% (/ (%,$'#9% ’L’! v O085'J "/$ D! '( >\\q V% LLq +"$/'9 (%,i 1"( z $ $V$/S$'9%7 O085'J7 K/ (%,"'#9 4*9%4(+,#V9c $-($,9*#9c +904$*M
Z0(%(% V% O[ 0(%(% Yq '( ,9'9% -9% -#/190$%7 I- [\q '( -9% -#/190$% -#/19:-i%,#+9% *(%4(,#V$0(/,( f4 ƒ \7\>g7 ="$/'9 -9% 4$+#(/,(% /9 3$/ (% '( (%,#*4( E fJJEg N -9% '( (%,#*4( ^ fJJ^g (% '( %9-9 (- >\q *(+#:#'9 (%p"(0$% #/,(/%#V9% '( p"#0#9#/0"/9,(*$4#$ (/ -$ $4*9;#0$'$0(/,(7 J$ 8*$/ 0$N9*.$ '( -9% +$%9% %( *(49*,$ (/ #/'"++#M/ (% *(+90(/'$'9 +9/%9-#'$* +9/ E=)R $",M-989 (/ 0(/9*(% '( >a $r9% fYPqg N ,#(/( "/$ ,(/'(/+#$ $ %(* 0$N9* > *(0#%#M/7 I/ "/ (%,"'#9 %( #/19*0$ '- E=)R $-M8(/#+9 /9 -$ 1*(+"(/+#$ (/ 390:*(%7 I- -#/190$ -#/19:-i%,#+9 ,#(/( "/ 0#(-9$:-$,#V9 (/ >a +$%9%c -9% 4$+#(/,(% p"#09%(/%#:-(% +9049*,$0#(/,9 $8*(%#V9 f-("+U0#+9gc #/1#-,*$ 4#(-c ,(k#'9 -98*$*9/ "/$ DJI $ O $r9% '( aLqc B9 3$N (/%$N9% +-./#+9% N +(-"-$* %":+",i/(9c 3"(%9 N /M'"-9% -#/19#'(%c (% #/1*(+"(/,( -9% *(49*,(% (;#%,(/,(% ,#(/(/ 49+9% +$%9%7 R$N *(%"-,$'9% ,(/(* 0$%$% 0('#$%,#/$-(%7 R#%,9-M8#+$0(/,( (- -#/190$ 1$V9*$:-(% 4$*$ (- E=)R $-98U/#+9 /9 0#(-9$:-$,#V9 +"$/'9 -#/19:-i%,#+9 (%,i +$*$+,(*#S$'9 49* "/ 4$,*M/ '#1"%9c 4"('( (;#%,( (/1(*0('$' *(%#'"$- (/ 0U'"-$ M%($7 ?(:( #/V9-"+*$* -$ S9/$ 4$*$+9*,#+$- '(- 8$/8-#9 9 #/1#-,*$* 9,*9% +9/%#'(*$*%( %#(04*( -$% +9/'#+#9/(% '(- 4$+#(/,(7 )$+#(/,(% ,(k#'9%c ,#(/( 0"+3$% +U-"-$% (/ 0#,9%#% -9 p"( 4"('( '$* "/$ +9/ *(0#%#M/ 4$*+#$-c *(1*$+,$*#9 N (/ H(+$.'$ Q=< V% Q=
OH=5POH)gc 4ƒ\7\> K,#-#S$* (%p"(0$% +9/ Q-"'$*$:#/$c E'E 49%#,#V9c n#YZ 49%#,#V9c ~ 0$*+$'9*(% ^ f=?PTc =?>\c =?Lc *#,";#0$: ~ "/ $/,*$+#+-#+97 I/ (- 0$/,(/#0#(/,9c (- (%p"(0$ =?Zc =?Oc =?Tg7 o JJ^7m E'E 49%#,#V9c n#YZ 49%#,#V9 ~ '( Q=
\c =?L\c =?Z[$c )AhTg I/ (- (%,"'#9 0(%(%7m J$ 0('#$ '( '"*$+#M/ '( -$ *(%4"(%,$ 1"( '( >P V% >L =#,98(/U,#+$c -9% 0$*+$'9*(% '( 0$N9* #04$+,9 4*9/M%,#+9 0(%(% f4ƒ \7\P[gc -$ 4*949*+#M/ '( *(0#%#9/(% $ L $r9% 1"( '( $'V(*%9 (% ,f[wLLgfpOPwp>>7Lgw +9/ (- 8(/ p"#0U*#+9 PTq V% [ q (/ 0$/,(/#0#(/,9 V% 9:%(*V$+#M/ ^=H5A^J> 4>[\7 I- #/0"/91(/9,#49 (/ 0U'"-$ M%($ (% 0"N *(%4(+,#V$0(/,(7 D( *(+90#(/'$ p"( ,9'9% -9% 4$+#(/,(% #049*,$/,( 4$*$ +9/1#*0$* 9 '(%+$*,$* #/1#-,*$+#M/7 f=?PTc *(+#:$/ 0$/,(/#0#(/,9 '( L $r9%7 =?>\c E'Ec =?Oc =?P5=?ac =?Tc =?Zc =?>[c =?L\c =?>O™c J$ 1*(+"(/+#$ '(-
>Zg7 H($-#S$* 4"/+#M/ -"0:$* N '( %(* (- T\q '( -9% -#/190$% 8i%,*#+9% %9/ ,#49
\mc =?L\~c =?LO~c
/(8$,#V9c ^+-L /(8$,#V97 A'(0i% (fpOPwp>>7Lgc 9,*$% $-,(*$+#9/(% 4"('(/ %(* ,faw>Pg :+-L5@8Rc (%4-(/#+9 (% +$*$+,(*#S$'9 49* A/(;#/> /(8$,#V9 N =?>\O7 J$ 4*"(:$% 4$*$ +m0N+ 49* Q@DR 9 )=H7 ™I%,9% 0$*+$'9*(% (V$-"$+#M/ +#,98(/U,#+$7m -$ ,f>2>P5>>w>ag (% -$ 0i% 1*(+"(/,( 4"('(/ +9(;4*(%$*%( 3$%,$ (/ (- L\q '( -9% +$%9%7 J9% (/ (-
Y\
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70; 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+ 5#/,(*#9*5+$,$-989<$(%,*9! $,$-989<$(%,*9!)=73,0)=73,03(0$,949NU,#+$%7 J9% (%,"'#9% '(0"(%,*$/ (- :(/(1#+#9 '( -$ 4*9/M%,#+9 %9/2 ('$' 0$N9* '( Y\ $r9%c I=F! v Lc -(%#M/ 4*91#-$;#% $ D#%,(0$ B(*V#9%9 =(/,*$- f0(,9,*(;$,(c A*$m= N X/#+$ V(*%"% 0X-,#4-(c (-(V$+#M/ '( ?RJ N 4*9,(./$% (/ J=H v '(;$0(,$%9/$ N (/ -9% '( (%,#*4( ^ *#,";#0$:g7 ="$/'9 %( \7Y8*5'- 7 I/ (- 8*"49 '( J)DB= (- "%9 '(- @)@ (% -#0#,$'9 3$--$ +904*9:$'9 -$ #/1#-,*$+#M/ $ DB= *$'#9,(*$4#$ $ LP!N7 '(:#'9 $ L V$*#$:-(%2 (- /X0(*9 '( %#,#9% (;,*$/9'$-(% N -$ ]#8#-$/+#$ 0(/%"$- 49* Y 0(%(%c :#0(%,*$- 49* Y 0(%(% 0i%c (,$4$7 ,*#0(%,*$- 49* L $r9% N %(0(%,*$- 49* T $r9%7 J9% )$+#(/,(% (/ D# (- 4$+#(/,( ,#(/( ('$' z Y\ $r9% N I=F! zL (- ,*$,$0#(/,9 H(0#%#M/ 4$*+#$- 9 *(+$.'$ '(:(/ *(+#:#* -9% %#8"#(/,(% '( p"#0#9,(*$4#$ #/+-"N( 0(,9,*(;$,( $ '9%#% $-,$% fO $ T (%p"(0$%2 o ?@=I 9 @=I 9 Hm@=I ~ E*$%4-$/,( o ?( %(* 49%#:-( '9%#% v O8*50L (/ #/1"%#M/ 0i;#0$ '( L $ O 3*% +9/ #/,(*V$-9% +9/%9-#'$* +9/ E*$%4-$/,( $-98U/#+9 '( +U-"-$% 4*98(/#,9*$% /9 0$N9* '( L } O %(0$/$%g %( '(:(*i +9**9:9*$* 1"/+#M/ 3(0$,949NU,#+$%7 *(/$- /9*0$- 4*(V#9 $ ,*$,$0#(/,97 D# (- 4$+#(/,( -98*$ H= (%,i I% "/$ /(94-$%#$ $8*(%#V$ '( +U-"-$% ^ $ 0(/"'9 #/1#-,*$/'9 #/'#+$'$ -$ HE 39-9+*$/($- OTmPT!N7 I/ 4$+#(/,(% +9/ J)DB= %#,#9% (;,*$/9'$-(% +9/ ,(/'(/+#$ $ $1(+,$* 0U'"-$ M%($ N +9/ -(%#M/ X/#+$ 4$*(/p"#0$,9%$ '$* HE '( OT $ PT !N7 I0(/#/8(%7 I;#%,(/ ,*(% V$*#$/,(%w (/'U0#+$ f_1*#+$gc J#/190$ #/,*$9+"-$* +9/+"**(/,( +9/ J)DB= ,*$,$* +9/ WE (%49*i'#+$c N $%9+#$'$ $ ]@R7 ="*%$ +9/ "/ ./'#+( $-,9 '( '9%#% $-,$% <(,9,*(;$,( ~ HE $'N"V$/,(7 J$ p"#0#9,(*$4#$ p"#0#9,(*$4#$ +9/ 4*9-#1(*$+#M/ +(-"-$*7 I- #/0"/91(/9,#49 ,.4#+9 (% -$ @8 =RF) 3$:#,"$- /9 ,#(/( /#/8X/ 4$4(- (/ (- J)DB=7 B9 3$N "/ %"4(*1#+#( f49%g =?>[c =?L\c =?>\c =?LLc E'E /(8c |#YZ 49% ,*$,$0#(/,9 '(1#/#'9c %( %"8#(*( (- "%9 '( (%,(*9#'(c f>\\qgc :+-m L /(8c :+-mY 49%7 J$ 0$N9*.$ '( -9% +$%9% fa\qg *$'#9,(*$4#$ 9 p"#0#9,(*$4#$7 B9 3$N (V#'(/+#$ %"1#+#(/,( '(,#(/(/ "/$ ,*$/%-9+$+#M/ '( +m0N+ '(- =*7 a $ -$ *(8#M/ '( -$ 4$4(- '( -$ WE #/,*$,(+$- +9/+90#,$/,( +9/ -$% '9%#% $-,$% '( +$'(/$ 4(%$'$ '( -$ @8 (/ (- =* >P7 I- ,*$,$0#(/,9 +9/%#%,( (/ <(,9,*(;$,(7 D# J=H 49%#,#V9 N /9 +$/'#'$,9 $ WE
7Tq (/ 4$+#(/,(% '( :$k9 *#(%89 N (/ 4$+#(/,(% '( $-,9 *(%4"(%,$ %( (V$-"$*$ $- 1#/$- '(- ,*$,$0#(/,9 '( #/'"++#M/ *#(%89 (% '( Y[7[q7 )$*$ 4$+#(/,(% (/ *(+$.'$ +9/%#'(*$* (%(-(++#9/$'97 D( '(1#/(/ +*#,(*#9% '( *(%4"(%,$ (/ -$% ,$:-$%7 E=)R $-98U/#+97 D( *(+90#(/'$ 4$*$ (V$-"$* +*#,(*#9% '( *(%4"(%,$ (/ -9% I- J)DB= (% "/$ (/1(*0('$' $8*(%#V$c 49+9 1*(+"(/,( p"( %( 4$+#(/,(% +9/ J)DB=c $4(8$*%( $ -9% +*#,(*#9% *(1(*#'9% 49* -9% -9+$-#S$ (/ (- +(*(:*9c -(4,90(/#/8(%c +9*'M/ (%4#/$-c *(,#/$c (%,"'#9% +-./#+9%7 3"09* V.,*(9 N (/ 19*0$ 9+$%#9/$- (- /(*V#9 M4,#+97 I'#$8/M%,#+9 +-./#+9 %( :$%$ (/ -$ 4*(%(/+#$ '( %./,90$% /("*9-M8#+9% N /("*94%#p"#$,*#+9% /("*94%#p"#$,*#+9% (/ -$ 0$N9*.$ '( -9% +$%9%w =H@EIH@FD ?I HIQIHIB=@A +"$/'9 3$N $-,(*$+#9/(% V#%"$-(% %( -( '(/90#/$ -#/190$ 4*#0$*#9 #/,*$9+"-$* N (%,i +9/%#'(*$'9 +909 "/$ V$*#$/,( )$+#(/,( +9/ +*(+#0#(/,9 8$/8-#9/$* 8$/8-#9/$* '( 0i% '( O %(0$/$% '( '(- J)DB= I- '#$8/M%,#+9 '(- J)DB= '(:( %(* +9/1#*0$'9 (V9-"+#M/ f+9/ 9 %#/ %./,90$% ^g N %#/ (V#'(/+#$ '( 4*9+(%9 3#%,9-M8#+$0(/,(c 3#%,9-M8#+$0(/,(c (- 4*9+('#0#(/,9 p"#*X*8#+9 '( 4*(1(*(/+#$ #/1(++#9%9 $%9+#$'97 )$+#(/,( +9/ +*(+#0#(/,9 8$/8-#9/$* '( (% -$ :#94%#$ 8"#$'$ 49* (%,(*9$,$;#$7 D( '(:( %"%4(/'(* (0i% '( O %(0$/$% '( (V9-"+#M/ f+9/ 9 %#/ %./,90$% ^g N %#/ "%9 '( (%,(*9#'( #'($-0(/,( ZL 3*% 4*(V#$% $ -$ +#*"8.$7 (V#'(/+#$ '( 4*9+(%9 #/1(++#9%9 $%9+#$'97 I/V#$* $ <('#+#/$ <$*%3$-- J9% (;i0(/(% '( -$:9*$,9*#9 $'#+#9/$-(% p"( %( @/,(*/$c =#*"8.$ !(/(*$-c F/+9-98.$ 9 R(0$,9-98.$ $/,( -$ '(:(/ *($-#S$* %9/2 )"/+#M/ J"0:$* +9/ +#,9p".0#+9 p"( %9%4(+3$ '( JBR7 )$+#(/,( +9/ +*(+#0#(/,9 8$/8-#9/$* '( #/+-"N$ -$ '(,(*0#/$+#M/ '( 4*9,(./$%c ?RJc 8-"+9%$ N 0i% '( O %(0$/$% '( (V9-"+#M/ f+9/ 9 %#/ %./,90$% ^g N %#/ +#,90(,*.$ '( 1-"k9 9 +#,9-98.$w (V$-"$+#M/ 9+"-$* +9/ +i0$*$ (V#'(/+#$ '( 4*9+(%9 #/1(++#9%9 $%9+#$'97 I/V#$* $ <('#+#/$ 3(/'#'$ N (/ +$%9 '( -(%#9/(% #/,*$9+"-$*(% +9/%#'(*$* @/,(*/$c =#*"8.$ !(/(*$-c F/+9-98.$ 9 R(0$,9-98.$ $/,( -$ *($-#S$+#M/ '( :#94%#$ f%# (% (- X/#+9 %#,#9g7 J9% (%,"'#9% '( %9%4(+3$ '( JBR7 =99*'#/$+#M/ +9/ 9,*9 (%4(+#$-#%,$ 4$*$ (8$:#/(,( $'#+#9/$-(% /(+(%$*#9% 4$*$ (- '#$8/M%,#+9 %9/2 ,*$,$0#(/,9 ,*$/%'#%+#4-#/$*#9 (/ (- +$%9 '( /9 +9/,$* +9/ "/ ,9098*$1.$ +904",$'$ '( +*i/(9 N5" M*:#,$c *(%9/$/+#$ 3(0$,M-989 (/ (- %(8"/'9 /#V(- '( $,(/+#M/7 0$8/U,#+$ /"+-($* f@H
Y>
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70; 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+ 5#/,(*#9*5+$,$-989<$(%,*9! $,$-989<$(%,*9!)=73,0)=73,0,*$,$0#(/,9 4*(V#97 Ap"(--9% %(8"/'9% /#V(-(% p"( +"(/,(/ I)@?I<@FJF!eA +9/ 3(0$,M-989c '(:(*i/ '( #/#+#$* (- ,*$,$0#(/,9 '(4$+#(/,( +9/ JBR %# +"(/,( +9/ (- $49N9 '( ,*$,$0#(/,9 N J$ 4*(V$-(/+#$ N 8*$V('$' '( -$ $/(0#$ #/+*(0(/,$/ %9%,U/7 ?(:(*i '( %(* (/V#$'9 ,9'9 4$+#(/,( +9/ '#$8/M%,#+9 +9/19*0( '(+-#/$ -$ ,$%$ '( 1#-,*$+#M/ 8-90(*"-$* f+"$'*9 @c @@g7 +9/1#*0$'9 '( JBR %#/ ,*$,$0#(/,9 4*(V#97 Ap"(--9% %(8"/'9% J$ (/1(*0('$' *(/$- +*M/#+$ %( '(:( +9/%#'(*$* +909 +$"%$ /#V(-(% p"( +"(/,(/ +9/ 3(0$,M-989c '(:(*i/ '( #/#+#$* (49%#:-( '( $/(0#$ +"$/'9 -$ ,$%$ '( 1#-,*$+#M/ 8-90(*"-$* (% z ,*$,$0#(/,9 '(- 4$+#(/,( +9/ JBR %# +"(/,( +9/ (- $49N9 '( Y\ 0-50#/5>7ZO 0L7 J$ 4*9:$:#-#'$' (% 0$N9* +"$/'9 -$ ,$%$ ,*$,$0#(/,9 N %9%,U/7 J9% 4$+#(/,(% '( *#(%89 $-,9 +9/ '( 1#-,*$+#M/ 8-90(*"-$* (% z O\ 0-50#/5>7ZO 0L 9 z PT #/'#+$+#M/ '( ,*$%4-$/,( '( 0U'"-$ M%($ $-98U/#+9 '(:(/ '( 0-50#/ (/ (- 4$+#(/,( '#$:U,#+9g f+"$'*9 @@@g7 J$ 4*(V$-(/+#$ %(* *(1(*#'9% (/ 4*#0(*$ *(0#%#M/ +904-(,$ N +9/ +$/'#'$,9% '( $/(0#$ (% %#8/#1#+$,#V$0(/,( 0$N9* (/ 4$+#(/,(% +9/ RJA +904$,#:-(%7 '#$:(,(% V(*%"% 49:-$+#M/ %#/ '#$:(,(%c +9/ (/1(*0('$' *(/$-
]@!@JAB=@A G DI!K@<@IBEF K/$ V(S +9/+-"#'$ -$ ,(*$4#$ '( 0$/,(/#0#(/,9 (- 4$+#(/,( 4$%$*$ $ V#8#-$/+#$ '"*$/,( '9% $r9% N 49%,(*#9*0(/,( %(*i *(1(*#'9 $ %" "/#'$' '( 0('#+#/$ 1$0#-#$*7
+*M/#+$ (%,$'#9% L N O fZ7Tq V% Tqc 4ƒ\7\>T $/' LL7Lq V% Z7[qc 4z\7\\> *(%4(+,#V$0(/,(g I IV#'(/+#$ H(+90(/'$+#M/ €5H )"/,9 H7 J9% 4$+#(/,(% +9/ (/1(*0('$' *(/$- +*M/#+$ N $/(0#$ ,#(/(/ "/$ 0$N9* 4*(V$-(/+#$ '( +909*:#-#'$' $%9+#$'$ ( #/+*(0(/,9 (/ -$ ,$%$ '( 0"(*,(c (/ +904$*$+#M/ $ -9% 4$+#(/,(% +9/ (/1(*0('$' *(/$- +*M/#+$ %#/ $/(0#$ fTZq N O[q *(%4(+,#V$0(/,(c 4 \7\\>g7 I;#%,( +9**(-$+#M/ (/,*( $/(0#$ N :$k9 ./'#+( '( 0$%$ +9*49*$-c :$k9 /#V(- '( $+,#V#'$'c 1*$8#-#'$'c #/%"1#+#(/+#$ +$*'#$+$ +9/8(%,#V$c #%p"(0#$ +(*(:*$- ,*$/%#,9*#$ N (/1(*0('$' V$%+"-$* +(*(:*$-7 E9'9 4$+#(/,( +9/ (/1(*0('$' *(/$- +*M/#+$ '(:( %(* (V$-"$'9 (/ :X%p"('$ '( $/(0#$ #/'(4(/'#(/,( '(- (%,$'#9 '( %" (/1(*0('$' ="$/'9 -$ ,$%$ '( 1#-,*$+#M/ 8-90(*"-$* (% ‚Y\ 0-50#/5>7ZO 0Lc %( *(+90#(/'$ #/V(%,#8$* 9,*$% +$"%$% f+"$'*9 @@@g7 J$ '(1#+#(/+#$ '( (*#,*949N(,#/$ (% -$ 4*#/+#4$- +$"%$ '( $/(0#$ %(+"/'$*#$ $ (/1(*0('$' *(/$- +*M/#+$7 J$ $/(0#$ '(:(* %(* #/V(%,#8$'$ N ,*$,$'$ (/ ,9'9 4$+#(/,( +9/ (/1(*0('$' *(/$- +*M/#+$c +9/ -$ 1#/$-#'$' '( 0(k9*$* -$ %9:*(V#'$ N -$ +$-#'$' '( V#'$c $%. +909 '#%0#/"#* -$ /(+(%#'$' '( ,*$/%1"%#9/(% %$/8"./($%7f+"$'*9 @] N ]g7 ?"*$/,( -$ (V$-"$+#M/ '( -$ $/(0#$ N 4*(V#9 $ -$ ,90$ '( '(+#%#9/(% %9:*( (- /#V(- '( 3(098-9:#/$ 94,#09c %( '(:(/ +9/%#'(*$* -9% 1$+,9*(% p"( +9/,*#:"N(/ $ -$ V$*#$:#-#'$' V$*#$:#-#'$' '( -$ 3(098-9:#/$ (/ (- 4$+#(/,( +9/ (/1(*0('$' *(/$- +*M/#+$ f*(-$+#9/$'9% +9/ 1i*0$+9%c +9/ (- 4$+#(/,(c #/1(++#9/(%c #/1-$0$+#M/c #/1-$0$+#M/c /(94-$%#$%c (/,*( 9,*9%g7 I- ,*$,$0#(/,9 $'(+"$'9 '( -$ $/(0#$ 4"('( *(,*$%$* -$ 4*98*(%#M/ '( -$ (/1(*0('$' *(/$-c '#%0#/"#* -$ 3#4(*,*91#$ V(/,*#+"-$* #Sp"#(*'$ N (V(/,9% +$*'#9V$%+"-$*(%c 0(k9*$* -$ +$4$+#'$' +98/#,#V$c -$ +$4$+#'$' '( (k(*+#+#9 N -$ +$-#'$' '( V#'$7
'&"!$' 0"%3'*$' ' "&4"*!"#'# *"&'2 %*/&$%'
?@A!BCDE@=F >YL
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70; 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+ 5#/,(*#9*5+$,$-989<$(%,*9! $,$-989<$(%,*9!)=73,0)=73,0(%,"'#9% (%4(+#$-(% $ %9-#+#,$* #/+-"N(/2 %$/8*( 9+"-,$ (/ =9/ (- 9:k(,#V9 '( #'(/,#1#+$* -$ 4*(%(/+#$ '( $/(0#$c %( *(+90#(/'$ '(,(*0#/$* '( 19*0$ 949*,"/$ (- /#V(- '( 3(+(%c $-"0#/#9 %U*#+9c +9/+(/,*$+#M/ %U*#+$ '( 39*09/$ 3(098-9:#/$c $- 0(/9% "/$ V(S $- $r9 (/ ,9'9% -9% 4$+#(/,(% 4$*$,#19#'($c #/V(%,#8$* (/'9+*#/94$,.$% f3#49,#*9#'#%09gc +9/ (/1(*0('$' *(/$- +*M/#+$7 J$ 1*(+"(/+#$ '( -$% (/1(*0('$'(% 3(0$,9-M8#+$%c /(94-$%#$% N *($-#S$* "/$ '(,(*0#/$+#9/(% '(,(*0#/$+#9/(% '(- /#V(- '( 3(098-9:#/$ (/ (- 4$+#(/,( +9/ V$-9*$+#M/ 8#/(+9-M8#+$7 (/1(*0('$' *(/$- +*M/#+$ *(p"#(*( '( "/ $/i-#%#% B9 %( *(+90#(/'$ '(,(*0#/$* (- /#V(- '( (*#,*949N(,#/$ '( #/'#V#'"$-#S$'9c +9/ U/1$%#% (/ 1$+,9*(% '( *#(%89 N 19*0$ *",#/$*#$ 4$*$ (- '#$8/M%,#+9 N ,*$,$0#(/,9 '( $/(0#$ +909*:#-#'$'7 I- (%,"'#9 '( -$ $/(0#$ (/ 4$+#(/,(% +9/ (/ 4$+#(/,(% +9/ (/1(*0('$' *(/$- +*M/#+$7 I/ ,9'9% -9% (/1(*0('$' *(/$- +*M/#+$c '(:( #/+-"#* -$ (V$-"$+#M/ '(4$+#(/,(% +9/ $/(0#$ $%9+#$'$ $ (/1(*0('$' *(/$- +*M/#+$ %( (%,$'9 /",*#+#9/$- '(- 4$+#(/,(7 I/ 49:-$+#M/ -$,#/9$0(*#+$/$ '(:( +9/%#'(*$* -$ 49%#:#-#'$' '( ,*$,$0#(/,9 +9/ (/1(*0('$' *(/$- +*M/#+$ %( '(:( (%,$:-(+(* "/ 4-$/ '( #/'(4(/'#(/,(0(/,( '(- (%,$'#9 '( -$ (/1(*0('$' 9 ,(*$4#$ ,*$:$k9 4$*$ (- '#$8/M%,#+9 '( -$ $/(0#$c +"$/'9 -$ '( *((04-$S97 +9/+(/,*$+#M/ '( R:c %($ z >\ 85'- fR,9 O\qg (/ 0"k(*(% 4*(0(/94$"%#+$% N +"$/'9 -$ +9/+(/,*$+#M/ '( R: %($ z >> )$*$ (V$-"$* (- (%,$'9 '( 3#(**9 %( '(:(/ 0('#* -$ 1(**#,#/$ 85'- fR,9 OOqg (/ 390:*(% $'"-,9% N 0"k(*(% %U*#+$ N (- 49*+(/,$k( '( %$,"*$+#M/ '( ,*$/%1(**#/$7 )$*$ "/ 49%,0(/94i"%#+$%7 M4,#09 0$/(k9 '( -$ $/(0#$ '( -$ (/1(*0('$' *(/$- +*M/#+$ %( '(:( V$-9*$* (- (%,$'9 '(- 3#(**9 f'(4M%#,9% N I- '#$8/M%,#+9 '( $/(0#$ (/ -9% (%,$'#9% > N L '( -$ '#%49/#:#-#'$'g 0('#$/,( -$ '(,(*0#/$+#M/ '(2 o Q(**#,#/$ (/1(*0('$' *(/$- +*M/#+$ %#8"( -9% 0#%09% 4$*i0(,*9% '(%U*#+$ o )9*+(/,$k( '( %$,"*$+#M/ '( -$ ,*$/%1(**#/$ o '#$8/M%,#+9 '( -$ $/(0#$ (/ -$ 49:-$+#M/ 8(/(*$- $'"-,$c (% )9*+(/,$k( '( 8-M:"-9% *9k9% 3#49 +*M0#+9% o =9/,(/#'9 '( '(+#*c "/$ R: 0(/9* '( >O7T 85'- (/ 390:*(% N z>L7\ 85'- (/ 3(098-9:#/$ '( -9% *(,#+"-9+#,9%7 *(,#+"-9+#,9%7 0"k(*(%7 I/ 4$+#(/,(% +9/ (/1(*0('$' *(/$- +*M/#+$ f(%,$'#9% Oc P N Tg (- '#$8/M%,#+9 '( $/(0#$ %( (%,$:-(+( +"$/'9 (- /#V(- '( R: z>>7\ 85'-7 J$ #/,(*4*(,$+#M/ '( -9% 4"/,9% '( +9*,( 4$*$ '(1#/#* $/(0#$ N (- #/#+#9 '( (%,"'#9 *(p"#(*( +9/%#'(*$*2 $-,#,"' '( *(%#'(/+#$ f0$N9* $ -9% >c\\\ 0(,*9% %9:*( (- /#V(- '(- 0$*gc 3#%,9*#$ N +9/%"09 $+,"$- '( ,$:$p"#%09c *$S$ '#1(*(/,( $ -$ +$"+i%#+$c ('$' 0$N9* '( Z\ $r9%c (0:$*$S9 N (/1(*0('$'(% $%9+#$'$% f3(098-9:#/94$,.$%c +i/+(* '( 4"-0M/c (/,*( 9,*$%g f+"$'*9 ]@g7 I- (%,"'#9 '( -$ $/(0#$ (/ 4$+#(/,(% +9/ (/1(*0('$' *(/$- +*M/#+$ *(p"#(*( '(1#/#* (- ,#49 '( $/(0#$c #/V(%,#8$* (,#9-98.$ ( #04$+,9 +-./#+97 J$ (V$-"$+#M/ '( -$:9*$,9*#9 '(:( #/+-"#*2 :#90(,*.$ 3(0i,#+$ +904-(,$ f3(098-9:#/$c ./'#+(% '( (*#,*9+#,9% tV9-"0(/ +9*4"%+"-$* 0('#9c 3(098-9:#/$ +9*4"%+"-$* 0('#$c +9/+(/,*$+#M/ 0('#$ '( 3(098-9:#/$ +9*4"%+"-$*uc +"(/,$ '( -("+9+#,9%c '#1(*(/+#$- N +"(/,$ '( 4-$p"(,$%gc +9/+(/,*$+#M/ '( 1(**#,#/$ %U*#+$c 49*+(/,$k( '( %$,"*$+#M/ '( ,*$/%1(**#/$ %U*#+$ f(*#,*949N(%#% '( 3#(**9gc +9/,(9 $:%9-",9 '( *(,#+"-9+#,9% *(,#+"-9+#,9% f*(%4"(%,$ '( 0('"-$ M%($gc 49*+(/,$k( '( 8-M:"-9% *9k9% 3#49 +*M0#+9% N /#V(- '( 4*9,(./$ = *($+,#V$ f#/1-$0$+#M/g7 I- /#V(- '( 1(**#,#/$ %( '(:( (04-($* 4$*$ (V$-"$* (- 8*$'9 '( '(1#+#(/+#$ '( 3#(**97 I/ +$%9% %(-(++#9/$'9%c -$% %#8"#(/,(% 4*"(:$% 4"('(/ %(* '( ",#-#'$' 4$*$ '#$8/9%,#+$* -$ +$"%$ '( $/(0#$ (/ $-8"/9% 4$+#(/,(% +9/ (/1(*0('$' *(/$- +*M/#+$2 +9/+(/,*$+#M/ %U*#+$ '( 19-$,9 N V#,$0#/$ ^>Lc 4*"(:$% '( 3(09-#%#% ft/#V(%U*#+954-$%0i,#+9 '( 3$4,98-9:#/$uc '(%3#'*98(/$%$ -i+,#+$c :#-#**":#/$c 4*"(:$ '( =990:%gc (-(+,*919*(%#% '( 4*9,(./$% f%U*#+$54-$%0i,#+$ 9 "*#/$*#$gc (;$0(/ '( 0('"-$ M%($7 F,*9%
EHAEA<@IBEF J9% 4$+#(/,(% +9/ (/1(*0('$' *(/$- +*M/#+$ f(%,$'#9% >c Lgc +9/ 1(**#,#/$ N 49*+(/,$k( '( %$,"*$+#M/ 49* '(:$k9 '( -9% V$-9*(% *(+90(/'$'9% '(:(/ *(+#:#* %"4-(0(/,$+#M/ '( 3#(**9c #/#+#$-0(/,( 49* V.$ 9*$-7 D( *(+90#(/'$ %$,"*$* -$% *(%(*V$% '( 3#(**9 4$*$ $-+$/S$* N 0$/,(/(* (- /#V(- '( 3(098-9:#/$ 0(,$ (/ -9% 4$+#(/,(% +9/ $/(0#$ %(+"/'$*#$ $ (/1(*0('$' *(/$- +*M/#+$c #/'(4(/'#(/,(0(/,( %# *(+#:(/ 9 /9 $8(/,( (%,#0"-$'9* '( -$ (*#,*949N(%#%7 R$:#,"$-0(/,(c (3#(**9 9*$- 4"('( %(* %"1#+#(/,( 4$*$ +9/%(8"#* N 0$/,(/(* -9% /#V(-(% '( 3(098-9:#/$ M4,#09 (/ 4$+#(/,(% p"( /9 *(p"#(*(/ '( '#i-#%#% 9 (/ $p"(--9% p"( %( (/+"(/,*$/ +9/ '#i-#%#% 4(*#,9/($-7 J9% 4$+#(/,(% +9/ (/1(*0('$' *(/$+*M/#+$ '(:(/ ,(/(* "/ :$-$/+( '( 3#(**9 $'(+"$'9 4$*$ $-+$/S$* N 0$/,(/(* "/ /#V(- '( 3(098-9:#/$ '( 49* -9 0(/9% >\ 85'- fR,9 O\qg7 I- 9:k(,#V9 (% $'0#/#%,*$* %"1#+#(/,( 3#(**9 4$*$ 9:,(/(* -9% %#8"#(/,(% 4$*i0(,*9%2 1(**#,#/$ 1(**#,#/$ %U*#+$ v >\\ “85J N q '( 8-M:"-9% *9k9% 3#49 +*M0#+9% z >\q f9 %$,"*$+#M/ '( ,*$/%1(**#/$ v L\qg7 I- 49*+(/,$k( '( 8-M:"-9% *9k9% 3#49 +*M0#+9% (% (- 0(k9* #/'#+$'9* '( '(1#+#(/+#$ 1"/+#9/$- '( 3#(**9c %# (%,( X-,#09 /9 (%,i '#%49/#:-(c %( '(:( '(,(*0#/$* -$ %$,"*$+#M/ '( ,*$/%1(**#/$ N +909 ,(*+(*$ 94+#M/ (- +9/,(/'#'9 '( 3(098-9:#/$ (/ *(,#+"-9+#,9% fzL[ 48g f+"$'*9 ]@@g7 >YO
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70; 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+ 5#/,(*#9*5+$,$-989<$(%,*9! $,$-989<$(%,*9!)=73,0)=73,0'9%#% '( 0$/,(/#0#(/,9 '( 3#(**9 #/,*$V(/9%97 I/ -9% I/ 4$+#(/,(% +9/ '(1#+#(/+#$ '( 3#(**9 1"/+#9/$-c -9% %"4-(0(/,9% '( 3#(**9 %( '(:(/ $'0#/#%,*$* '( 19*0$ 4*#0(*9% 0(%(% '( *(49%#+#M/ 1U**#+$ 49* V.$ (/'9V(/9%$c -$ +9/+"**(/,( $- #/#+#9 '(- $8(/,( (%,#0"-$'9* '( -$ '9%#% 4"('( 9%+#-$* (/,*( LT N O\\ 08 '( Q( 49* %(0$/$c (*#,*949N(%#%7 I/ 1$%( '( 4*('#$-#%#% %( *(+90#(/'$ $'(+"i/'9-$ '( $+"(*'9 $ -$ %#,"$+#M/ +-./#+$ '( +$'$ $'0#/#%,*$* 3#(**9 (-(0(/,$- (/ "/$ '9%#% '#$*#$ 4$*$ $'"-,9% 4$+#(/,(7 J"(89 '( (%$ (,$4$ '( *(49%#+#M/ #/#+#$-c -$ '9%#% '( '( >\\ $ L\\ 08 '#V#'#'9 (/ ,*(% '9%#% 9 (/ "/$ '9%#% 0$/,(/#0#(/,9 %"(-( %(* '( LT $ L\\ 08 49* 0(%7 /9+,"*/$ 49* V.$ 9*$-7 I- 3#(**9 9*$- '(:( $'0#/#%,*$%( %#/ I- 0$/,(/(* "/ /#V(- '( 3(098-9:#/$ v >L7\85'- +9/ (- "%9 '( #/8(%,$ +9/+90#,$/,( '( $-#0(/,9% " 9,*$% 0('#+$0(/,9%c %( (*#,*949N(,#/$ (/ 4$+#(/,(% +9/ (/1(*0('$' *(/$- +*M/#+$ 3$/ *(49*,$'9 0(k9*(% /#V(-(% '( $:%9*+#M/ +9/ -9% p"( %( (/+"(/,*$/ (/ 3(09'#i-#%#% %( $%9+#$ +9/ "/$ *(-$+#M/ 4*(4$*$'9% ,*#V$-(/,(% f+904-(k9 '( 3#(**9 49-#0$-,9%$'9g7 +9%,9m(1(+,#V#'$' '(%1$V9*$:-(7 I%,"'#9% '( (V$-"$+#M/ J9% 4$+#(/,(% p"( %( (/+"(/,*$/ (/ 3(09'#i-#%#%c "%"$-0(/,( "%"$-0(/,( (+9/M0#+$ %"8#(*(/ p"( (- ,*$,$0#(/,9 '( -$ $/(0#$ ,#(/(/ 0$N9*(% *(p"(*#0#(/,9% '( 3#(**97 %(+"/'$*#$ $ (/1(*0('$' +*M/#+$ +9/ $8(/,(% (%,#0"-$'9*(% J$ V.$ '( $'0#/#%,*$+#M/ '(- 3#(**9 0i% M4,#0$ (/ (%,9% '( -$ (*#,*949N(%#% 4$*$ $-+$/S$* "/$ 3(098-9:#/$ '( >>7\ 4$+#(/,(% (% -$ #/,*$V(/9%$7 J$ 19*0$ 0i% %(8"*$ '( 3#(**9 85'- (% 4*9:$:-(0(/,( 0i% +9%,9m(1(+,#V97 I- ,*$,$0#(/,9 +9/ #/,*$V(/9%9 (% (- 3#(**9 %"+*9%$c %(8"#'9 49* (- 3#(**9 $8(/,(% (%,#0"-$/,(% '( -$ (*#,*949N(%#% %( '(:( +9/%#'(*$* 8-"+9/$,97 J$ '9%#% '( +$*8$ %(*i '( > 8*$09 '( 3#(**9 @]c +9/ (/ 4$+#(/,(% +9/ $/(0#$ %(+"/'$*#$ $ (/1(*0('$' *(/$'9%#1#+$+#M/ 94,#0$ '( LTm>T\ 085%(0$/$ '"*$/,( -9% +*M/#+$ p"( ,#(/(/ -$ 4*9:$:#-#'$' '( :(/(1#+#$*%( (/ 4*#0(*9% %(#% 0(%(% '( ,(*$4#$ +9/ $8(/,(% (%,#0"-$'9*(% '( ,U*0#/9% '( +$-#'$' '( V#'$ N 1"/+#M/ 1.%#+$ $%. +909 4$*$ 3#(**97 J$ '9%#% '( +$*8$ 4"('( %(* '#%,*#:"#'$ (/ T $ >\ (V#,$* -$ ,*$/%1"%#M/ (/ 4$+#(/,(% +9/%#'(*$'9% +909 $'0#/#%,*$+#9/(% $ ,*$VU% '( -$% %(%#9/(% '( '#i-#%#%7 J$ +$/'#'$,9% $ ,*$%4-$/,( *(/$- D( '(:(/ #/#+#$* -9% $8(/,(% #/1"%#M/ '( 3#(**9 '(:( %(* +9/ %9-"+#M/ 1#%#9-M8#+$ f%"(*9 (%,#0"-$'9*(% '( (*#,*949N(%#% +"$/'9 -$% *(%(*V$% '( 3#(**9 %$-#/9 \7[qg 9 %#8"#(/'9 (%,*#+,$0(/,( -$% *(+90(/'$+#9/(% 3$/ %#'9 +9**(8#'$%c 9,*$% +$"%$% %(+"/'$*#$% '( $/(0#$ 3$/ '(- 1$:*#+$/,(7 I- 3#(**9 #/,*$V(/9%9 '(:( %(* $'0#/#%,*$'9 %#'9 ,*$,$'$% N (- /#V(- '( 3(098-9:#/$ 4(*%#%,( z >\ 85'-7 4*(1(*(/,(0(/,( (/ #/1"%#M/ -(/,$ (/ -$% '9% X-,#0$% 39*$% I/ "/ 0(,$ $/i-#%#% (/ (- p"( %( #/+-"N(*9/ [ (/%$N9% +-./#+9% '( -$ '#i-#%#% (04-($/'9 V(/$% p"( /9 %( V$N$/ $ ",#-#S$* 4$*$ +9/,*9-$'9% %( '9+"0(/,M p"( -9% 4$+#(/,(% +9/ $/(0#$ -$ +*($+#M/ '( $++(%9% V$%+"-$*(% f+"$'*9 ]@@@g7 I/ -9% %(+"/'$*#$ $ (/1(*0('$' *(/$- +*M/#+$ p"( *(+#:(/ 4$+#(/,(% (/ 3(09'#i-#%#%c -$ 1*(+"(/+#$ '(- +9/,*9- '((*#,*949N(,#/$ N 0$/,#(/(/ /#V(-(% (-(V$'9% '( 3(098-9:#/$ 0(,$:9-#%09 1U**#+9 (% #'($-0(/,( 0(/%"$- 9 +909 0./#09 f>L } >Y 85'-g 0"(%,*$/ "/ *#(%89 %#8/#1#+$,#V$0(/,( 0$N9* +$'$ ,*(% 0(%(%7 B9 '(:( *($-#S$*%( $/,(% '( -9% >T '.$% '( -$ '( 09*,$-#'$' 49* ,9'$% -$% +$"%$% N ,*90:9%#% '(- $++(%9 X-,#0$ '9%#% '( 3#(**9 4$*(/,(*$-7 J$% *(%(*V$% '( 3#(**9 %( $*,(*#9V(/9%9 I/ "/ (/%$N9 +-./#+9 $-($,9*#9 /9 +(8$'9 '(:(/ (V$-"$* +$'$ L $ Y 0(%(% (/ 4$+#(/,(% %#/ ,*$,$0#(/,9 f=9**(+,#9/ 91 3(098-9:#/ $/' F",+90(% #/ H(/$+9/ $8(/,(% (%,#0"-$'9*(% (%,#0"-$'9*(% '( (*#,*949N(%#%7 @/%"11#+#(/+#N t=RF@Hug +9/ '"*$+#M/ 4*90('#9 '( >Y 0(%(% (/ (- p"( %( #/+-"N(*9/ >POL 4$+#(/,(% 4$+#(/,(% +9/ (/1(*0('$' *(/$I/ 4$+#(/,(% +9/ (/1(*0('$' *(/$- +*M/#+$ %#/ ,*$,$0#(/,9 +9/ (*#,*949N(,#/$ N +9/ %$,"*$+#M/ '( ,*$/%1(**#/$ v L\q N +*M/#+$c %( +904$*M -$ +9**(++#M/ '( $/(0#$ +9/ 1(**#,#/$ v >\\ /850-c -$ 0('#+#M/ '( -$ %$,"*$+#M/ '( (*#,*949N(,#/$ $-1$ 4$*$ $-+$/S$* "/ /#V(- '( 3(098-9:#/$ ,*$/%1(**#/$ N '( -$ 1(**#,#/$ '(:( 3$+(*%( +$'$ ,*(% $ %(#% $-,9 f>O7T 85'-g V(*%"% "/ /#V(- :$k9 '( 3(098-9:#/$ f>>7O %(0$/$%7 J$ $'0#/#%,*$+#M/ '( 3#(**9 '(:( %(* #/,(**"04#'$ 85'-gc %( 9:%(*VM p"( (- 8*"49 +9/ /#V(- '( 3(098-9:#/$ $-,9 +"$/'9 -$ 1(**#,#/$ (% v '( T\\ /850-c -$ %$,"*$+#M/ '( -$ 4*(%(/,9 "/ #/+*(0(/,9 (/ (- *#(%89 '( (V(/,9% $'V(*%9% ,*$/%1(**#/$ v '( PTq N /9 3$N (V#'(/+#$ '( 4(*'#'$ 3(0i,#+$ 8*$V(%c $%4(+,9 p"( 9+$%#9/9 -$ %"%4(/%#M/ 4*(+9S '(I/ -9% 4$+#(/,(% ,*$,$'9% +9/ 3#(**9c (- /#V(- '( 1(**#,#/$ /9 (%,"'#97 '(:( (;+('(* -9% a\\ /85'-7 I/ -9% 4$+#(/,(% +9/ 1(**#,#/$ I/ (- (%,"'#9 =$*'#9V$%+"-$* H#%| H('"+,#9/ :N I$*-N A/(0#$ %U*#+$ ‚ a\\ “85J fq %$,"*$+#M/ '( ,*$/%1(**#/$ ‚ $- T\qg N E*($,0(/, 6#,3 I49(,#/ ^(,$ f=HIAEIgc /9 '(09%,*M p"( -$ %#(04*( p"( /9 3$N$ %#8/9% '( '(1#+#(/+#$ 1"/+#9/$- '( +9**(++#M/ +904-(,$ '( $/(0#$ fR: >T 85'-g +9/ 3#(**9c (- 3#(**9 #/,*$V(/9%9 '(:(*i %"%4(/'(*%( 3$%,$ p"( (*#,*949N(,#/$ :(,$ (/ 4$+#(/,(% +9/ (/1(*0('$' *(/$(%,9% V$-9*(% 9 (- /#V(- '( 3(098-9:#/$ '(%+#(/'$/c +*M/#+$ (%,$'#9 O 9 Pc 0(k9*$ -9% '(%(/-$+(% +$*'#9V$%+"-$*(% +$*'#9V$%+"-$*(% 090(/,9 (/ (- +"$- %( '(:( *(#/#+#$* (- 3#(**9 #/,*$V(/9%9 $ +904$*$'9 +9/ "/$ +9**(++#M/ 4$*+#$- fR: >O 85'-gc I/ "/ -$ 0#,$' '( -$ '9%#% 4*(V#$ K/$ V(S $-+$/S$'9 (- /#V(- M4,#09 (/%$N9 +-./#+9 +9/,*9-$'9 $-($,9*#S$'9c 4-$+(:9 +9/,*9-$'9c '( 3(098-9:#/$ N %#(/'9 -9% '(4M%#,9% '( 3#(**9 $'(+"$'9%c (/ (- p"( %( #/+-"N(*9/ P\Oa 4$+#(/,(% +9/ '#$:(,(%c (/ -9% 4$+#(/,(% (/ 3(09'#i-#%#%c (% /(+(%$*#9 (%,$:-(+(* "/$ >YP
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0(/1(*0('$' *(/$- +*M/#+$ N $/(0#$c %( 9:%(*VM p"( -$ 3(098-9:#/$ v >L 85'-7 J9% 4$+#(/,(% +9/ $/(0#$ $'0#/#%,*$+#M/ '( '$*:(49(,#/ 4$*$ -$ +9**(++#M/ '( $/(0#$ '*(4$/9+#,#+$ '(:(*i/ 0$/,(/(* "/$ +9/+(/,*$+#M/ '( %( $%9+#M +9/ "/ #/+*(0(/,9 (/ (- *#(%89 '( (/1(*0('$' 3(098-9:#/$ (/,*( Z N [ 85'-7 J$ '9%#% #/#+#$- '( V$%+"-$* +(*(:*$- J9% 0(+$/#%09% '(- (;+(%9 '( 09*,$-#'$' (*#,*949N(,#/$ '(:( %(* '( LT $ >T\ K@5|85%(0$/$ fPc\\\ $ '(:#'9 $ (V(/,9% +$*'#9V$%+"-$*(% 49'*.$/ (%,$* *(-$+#9/$'9% ac\\\g7 J$ $'0#/#%,*$+#M/ %":+",i/($ %( $4-#+$ '9% $ ,*(% +9/ "/ #/+*(0(/,9 (/ -$ ,(/'(/+#$ '( ,*90:9%#% V(+(% 49* %(0$/$7 I/ (- +$%9 '( -$ $'0#/#%,*$+#M/ +$*'#9V$%+"-$* 9 3#4(*,(/%#M/7 #/,*$V(/9%$c -$ '9%#% #/#+#$- '(:( %(* (/ (- *$/89 %"4(*#9* '( Yc\\\ K@5%(0$/$ ,*(% V(+(% 49* %(0$/$7 J$ (*#,*949N(,#/$ J9% 4$+#(/,(% +9/ $/(0#$ %(+"/'$*#$ $ (/1(*0('$' *(/$^(,$ 4"('( $'0#/#%,*$*%( "/$ V(S $ -$ %(0$/$7 J$ '9%#% #/#+#$+*M/#+$ (/ ,*$,$0#(/,9 +9/ $8(/,(% (%,#0"-$'9*(% '( -$ '(- $8(/,( (%,#0"-$'9* '( -$ (*#,*949N(%#% '(:( +9/%#'(*$* ((*#,*949N(%#% '(:(/ ,(/(* +909 0(,$ $-+$/S$* "/ /#V(- '( /#V(- :$%$- '( 3(098-9:#/$ '(- 4$+#(/,(c /#V(- '( 3(098-9:#/$ (/,*( >\7T } >L7T 85'-7 I/ 4$+#(/,(% +9/ 3(098-9:#/$ 0(,$ " 94,#09 49* $-+$/S$*c -$ ,$%$ '( (/1(*0('$' *(/$- +*M/#+$ p"( *(+#:(/ ,*$,$0#(/,9 +9/ #/+*(0(/,9 9:%(*V$'$ N +#*+"/%,$/+#$% +-./#+$%7 I/ -$ 1$%( '( $8(/,(% (%,#0"-$'9*(% '( -$ (*#,*949N(%#%c (- /#V(- '( +9**(++#M/c -$ '9%#% #/#+#$- '(- $8(/,( (%,#0"-$'9* '( -$ 3(098-9:#/$ /9 '(:( %(* %"4(*#9* $ >O85'-c (*#,*949N(%#% (/ 4$+#(/,(% V.*8(/(% $ ,*$,$0#(/,9 '(:( %(* #/'(4(/'#(/,(0(/,( '( -$ (,$4$ (V9-",#V$ '( -$ (/1(*0('$'7 /9*0$-0(/,( L\ $ O\ q 0i% $-,$ p"( -$ '9%#% (04-($'$ (/ -$ I% /(+(%$*#9 *($-#S$* (/%$N9% +-./#+9% +9/ "/ 49'(* (%,$'.%,#+9 1$%( '( 0$/,(/#0#(/,9 J$ ,(*$4#$ +9/ $8(/,( (%,#0"-$'9* '( $'(+"$'9c 0(,9'9-M8#+$0(/,( :#(/ '#%(r$'9% N +9/ -$ (*#,*949N(%#% /9 %( '(:( #/#+#$* $/,( -$ 4*(%(/+#$ '( (V$-"$+#M/ '( '(%(/-$+(% 9:k(,#V9% 4$*$ #'(/,#1#+$* (- /#V('(1#+#(/+#$ $:%9-",$ '( 3#(**9 f1(**#,#/$ z >\\ /850-g7 D( M4,#09 '( 3(098-9:#/$ p"( %( '(:( +9/%(8"#* +9/ (*(+90#(/'$ p"( -9% /#V(-(% '( 3(098-9:#/$ 0(,$ " M4,#09% $ ,*$,$0#(/,9 (/ 4$+#(/,(% +9/ (/1(*0('$' *(/$- +*M/#+$7 I/ $-+$/S$* %( $4-#p"(/ (;+-"%#V$0(/,( $ 4$+#(/,(% p"( *(+#:(/ "/$ *(V#%#M/ %#%,(0i,#+$ N 0(,$ $/i-#%#% %( '9+"0(/,M p"( ($8(/,(% (%,#0"-$'9*(% '( -$ (*#,*949N(%#%7 0$/,(/(* "/ /#V(- '( 3(098-9:#/$ v >L 85'- %( $%9+#$ +9/ "/$ -(V( N /9 %#8/#1#+$,#V$ 0(k9*.$ '( -$ +$-#'$' '( V#'$ (/ B9 (;#%,( '#1(*(/+#$ %#8/#1#+$,#V$ (/,*( -$ $'0#/#%,*$+#M/ 4$+#(/,(% +9/ (/1(*0('$' *(/$- +*M/#+$ %":+",i/($ '( (*#,*949N(,#/$ 3"0$/$ *(+90:#/$/,( "/$ V(S 49* %(0$/$ V(*%"% ,*(% V(+(% 49* %(0$/$7 J$ *",$ '( I- ,*$,$0#(/,9 +9/ (*#,*949N(,#/$ 3"0$/$ *(+90:#/$/,( (/ $'0#/#%,*$+#M/ '(- $8(/,( (%,#0"-$'9* '( -$ (*#,*949N(%#% %( 4$+#(/,(% (/ 4*('#$-#%#%c +9**#8( -$ $/(0#$c (V#,$ -$ /(+(%#'$' '(,(*0#/$ +9/ :$%( (/ (%,$'#9 '( -$ (/1(*0('$' *(/$'( ,*$/%1"%#9/(% '( %$/8*(c 0(k9*$ -$ +$-#'$' '( V#'$ N -$ +*M/#+$c $k"%,( '(- ,*$,$0#(/,9c (1#+$+#$c %(8"*#'$' N +-$%( '( +$4$+#'$' '( *($-#S$* (k(*+#+#9%7 ?(:( (V$-"$*%( +9/ +"#'$'9 $8(/,( (%,#0"-$'9* ",#-#S$'97 J$ V.$ %":+",i/($ (% '( %# -9% :(/(1#+#9% (/ +$-#'$' '( V#'$ +904(/%$/ (- +9%,( (;,*$ (-(++#M/ (/ 4$+#(/,(% p"( %( (/+"(/,*$/ (/ '#i-#%#% 4(*#,9/($'(- "%9 '( (*#,*949N(,#/$ 3"0$/$ *(+90:#/$/,( (/ N (/ (%,$'#9 O N P '( -$ (/1(*0('$' *(/$- +*M/#+$c '$'9 p"( 4*('#$-#%#%7 B9 ,9'9% -9% 4$+#(/,(% +9/ (/1(*0('$' *(/$4(*0#,( %" $",9$'0#/#%,*$+#M/7 J$ V.$ %":+",i/($ 4"('( +*M/#+$c *(p"#(*(/ ,*$,$0#(/,9 +9/ $8(/,(% (%,#0"-$'9*(% '( *('"+#* %":%,$/+#$-0(/,( (- *(p"(*#0#(/,9 '( -$ '9%#% '((*#,*949N(%#%7 I/ $p"(--9% 4$+#(/,(% +$/'#'$,9% $ (04-(9 '( $8(/,( (%,#0"-$'9* '( (*#,*949N(%#%7 )$*$ -9% 4$+#(/,(% (/ (*#,*949N(,#/$c -$ %(-(++#M/ '(- $8(/,( $ (04-($* '(:( 3(09'#i-#%#%c -$ V.$ '( $'0#/#%,*$+#M/ #/,*$V(/9%$ (% +9/%#'(*$* -$ '#%49/#:#-#'$' -9+$- f+"$'*9 @hg7 I- ,*$,$0#(/,9 4*(1(*#:-( '(:#'9 $- +9/19*, N +9/V(/#(/+#$7 I/ 4$+#(/,(% +9/ +9/ $8(/,(% (%,#0"-$'9*(% '( (*#,*949N(%#%c %( '(:( (/1(*0('$' *(/$- +*M/#+$ /9 '#$-#S$'9% -$ (*#,*949N(,#/$ +9/%#'(*$* +"$/'9 -$ +9/+(/,*$+#M/ '( 3(098-9:#/$ (%,( '(:( $'0#/#%,*$%( V.$ %":+",i/($ 49* *$S9/(% 4*i+,#+$% N +9/%#%,(/,(0(/,( 49* '(:$k9 '( >\ 85'J f3(0$,9+*#,9 O\qgc (+9/M0#+$%c (%,$ V.$ 4(*0#,( *('"+#* %":%,$/+#$-0(/,( -$ N +"$/'9 %( 3$N$/ '(%+$*,$'9 9,*$% +$"%$% '( $/(0#$7 '9%#% *(p"(*#'$ '( (*#,*949N(,#/$7 ="$/'9 -9% $8(/,(% (%,#0"-$'9*(% '( (*#,*949N(%#% %( $'0#/#%,*$/ 49* V.$ %":+",i/($c %( '(:( +$0:#$* (- %#,#9 '( #/N(++#M/ +9/ +$'$ I/ +9/'#+#9/(% (%4(+#$-(% +9092 #/%"1#+#(/+#$ +$*'#$+$ $'0#/#%,*$+#M/c $'0#/#%,*i/'9%( '( 4*(1(*(/+#$ (/ (+9/8(%,#V$c '*(4$/9+#,9%#%c $-,"*$ 0$N9* $ >cT\\ 0(,*9% $/,(:*$S97 I- (04-(9 '( $8(/,(% (%,#0"-$'9*(% '( $++#M/ %9:*( (- /#V(- '(- 0$*c %( '(:( *($-#S$* $k"%,( '(- /#V(- '( 4*9-9/8$'9 4"('( -#0#,$* -$ 1*(+"(/+#$ '( $'0#/#%,*$+#M/ N 3(098-9:#/$7 B9 %( *(+90#(/'$ "/ /#V(- '( 3(098-9:#/$ v 4"('(/ %(* '( (-(++#M/ (/ 4$+#(/,(% p"( /9 %( (/+"(/,*$/ (/ >L 85'- (/ 4$+#(/,(% +9/ (/1(*0('$' *(/$- +*M/#+$ N 3(09'#i-#%#%7 J9% 4$+#(/,(% p"( *(+#:(/ $8(/,(% (/1(*0('$' +$*'#9V$%+"-$* %(V(*$ f+-$%( @@@ '( -$ B(6 G9*| (%,#0"-$'9*(% '( -$ (*#,*949N(%#% *(p"#(*(/ "/ +9/,*9- '(R($*, A%%9+#$,#9/g7 I/ 4$+#(/,(% '#$:U,#+9%c (%4(+#$-0(/,( +9/ V$%+"-94$,.$ 4(*#1U*#+$c %( '(:( ,*$,$* '( /9 (-(V$* -$ >YT
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0/#V(- '( 3(098-9:#/$ +9/ 1*(+"(/+#$ 0(/%"$- '"*$/,( -$ 1$%( +909 %":+",i/($7 I- /#V(- '( 3(098-9:#/$ '(:( 0('#*%( '( +9**(++#M/7 (/,*( > N L %(0$/$% '(%4"U% '( #/#+#$'9 9 09'#1#+$'9 (,*$,$0#(/,9 +9/ '$*:(49(,#/$7 K/$ V(S (%,$:#-#S$'9 (- /#V(I/ -9% 4$+#(/,(% p"( /9 %( (/+"(/,*$/ (/ 3(09'#i-#%#%c -$ '( 3(098-9:#/$ N %#/ p"( (;#%,$/ 4*9+(%9% #/,(*+"**(/,(%c %( 3(098-9:#/$ %( '(:( V#8#-$* +$'$ > } O 0(%(% '"*$/,( -$ 1$%( '(:( +9/,*9-$* +$'$ P $ Y %(0$/$%c ,$/,9 4$*$ '#i-#%#% '( 0$/,(/#0#(/,9 J9% $k"%,(% (/ -$ '9%#% '(- $8(/,( 4(*#,9/($- +909 3(09'#i-#%#%7 D# (- $"0(/,9 '( -$ (%,#0"-$'9* '( -$ (*#,*949N(%#% %( '(:( +9/%#'(*$* +"$/'9 -$ 3(098-9:#/$ (% 0(/9* '( > 8* (/ P %(0$/$%c %( '(:( 3(098-9:#/$ (%,$ (/,*( z >> 9 v >L 85'J +9/ -$ #/,(/+#M/ '( $"0(/,$* -$ '9%#% (/ LTqc %# (- $"0(/,9 '( -$ 3(098-9:#/$ 0$/,(/(* "/ (p"#-#:*#9 (/,*( -9% :(/(1#+#9% N -$ %(8"*#'$' '((% v L7T 8 (/,*( > N P %(0$/$%c %( '(:( '#%0#/"#* -$ '9%#% (/ 4$+#(/,(7 D( %"8#(*( p"( -$ '9%#% '(- $8(/,( (%,#0"-$'9* '( "/ T\q7 D# -$ 3(098-9:#/$ 4$%$ '( >O 85'-c %( '(:( 90#,#* -$ (*#,*949N(%#% #'($-0(/,( %( *('"S+$c (/ -"8$* '( '$*:(49(,#/$ 3$%,$ -98*$* "/ /#V(- '( >> 85'-c *(#/#+#$/'9 -$ %"%4(/'(*%(c +"$/'9 %( *(p"#(*$ "/ $k"%,( $ -$ :$k$ '(- /#V('$*:(49(,#/$ +9/ "/$ '9%#% 0(/9* '(- T\q '( -$ 4*(V#$7 =9/ '( 3(098-9:#/$ D# (- $"0(/,9 '( 3(098-9:#/$ '(%4"U% '( *(-$+#M/ $ -$ +9/V(*%#M/ '( (*#,*949N(,#/$ $-1$ N :(,$ $ +90(/S$* -9% $8(/,(% (%,#0"-$/,(% '( (*#,*949N(%#% 9 '$*:(49(,#/$c (/ $p"(--9% 4$+#(/,(% p"( *(+#:(/ '(%4"U% '( $"0(/,$* -$ '9%#%c (% 0(/9* '( \cZ 85'J7 (*#,*949N(,#/$ L 9 O V(+(% $ -$ %(0$/$c %( 4$%$/ $ "/$ '9%#% fR(0$,9+*#,9 z aqgc (/ "/ 4(*#9'9 '( L $ P %(0$/$%c -$ '9%#% %(0$/$- '( '$*:(49(,#/$c %# *(+#:(/ -$ (*#,*949N(,#/$ "/$ V(S '( -9% $8(/,(% (%,#0"-$/,(% '( (*#,*949N(%#%c '(:( $ -$ %(0$/$c -$ '$*:(49(,#/$ %( $'0#/#%,*$ +$'$ '9% $"0(/,$*%( (/ "/ T\q7 D# -$ V(-9+#'$' '( $"0(/,9 '( -$ %(0$/$%7 J$ (p"#V$-(/+#$ '( '9%#%c (% -$ %#8"#(/,(2 L\\ K@ '( 3(098-9:#/$ '(%4"U% '(- #/#+#9 '( -9% $8(/,(% (%,#0"-$/,(% (*#,*949N(,#/$ %9/ #8"$-(% $ > “8 '( ?$*:(49(,#/$ '( (*#,*949N(%#% 9 '(%4"U% '( $"0(/,$* -$ '9%#%c (% 0$N9* '( LcT 85'J f3(0$,9+*#,9 v a qg 49* 0(% 9 %# -$ +9/+(/,*$+#M/ '( ?"*$/,( -$ $'0#/#%,*$+#M/ '( 3#(**9 '(;,*$/ %( *(+90#(/'$ 3(098-9:#/$ (% 0$N9* p"( (- /#V(- '(%($'9c -$ '9%#% %(0$/$'#%49/(* '( -9% 0('#+$0(/,9% N 4(*%9/$- (/,*(/$'9 4$*$ '( -9% $8(/,(% (%,#0"-$/,(% '( (*#,*949N(%#%c %( '(:( *('"+#* (V$-"$* N $,(/'(* 49%#:-(% *($++#9/(% $/$1#-i+,#+$%7 )*(V#9 $(/,*( "/ LT $ T\q7 "%9 '( 3#(**9 '(;,*$/ %( *(+90#(/'$ $'0#/#%,*$* "/$ '9%#% '( 4*"(:$7 ?(:( ,(/(*%( (%4(+#$- 4*(+$"+#M/ $/,( (D( *(+90#(/'$ p"( -$ '9%#% '(- $8(/,( (%,#0"-$'9* '( $/,(+('(/,( #/,9-(*$/+#$ 9 $-(*8#$ $ 0X-,#4-(% 1i*0$+9%7 J$ (*#,*949N(%#% (/ 4$+#(/,(% '(4(/'#(/,(% '(- $8(/,( %( (*#,*949N(,#/$ 3"0$/$ *(+90:#/$/,( #/+*(0(/,$ -$ +9/,#/X( '"*$/,( "/$ (/1(*0('$' $8"'$c 4*9+('#0#(/,9% V#%+9%#'$' %$/8"./($ +909 *(%"-,$'9 '( "/ #/+*(0(/,9 '( -$ p"#*X*8#+9% " 9,*$ +$"%$ '( 39%4#,$-#S$+#M/ =7I7H7A7 f$+,#V$'9* 0$%$ (*#,*9+#,$*#$ ( #/+*(0(/,$ (- *#(%89 '( ,*90:9%#% '(:#'9 +9/,#/"9 '(- *(+(4,9* '( (*#,*949N(,#/$g7 I/ "/ (/%$N9 $ "/ #/+*(0(/,9 '( -$ #/1-$0$+#M/ N 'U1#+#, '( -$ $+,#V#'$' +-./#+9c $-($,9*#S$'9c '( 8*"49 4$*$-(-9c 0"-,#+(/,*#+9c 1$%( @@@c 1#:*#/9-#,#+$7 D( '(:( *($-#S$* V#8#-$/+#$ 4(*0$/(/,( '( -$ $:#(*,9c (/ (- p"( %( (V$-"M -$ (1#+$+#$ N %(8"*#'$' '(4*(%#M/ $*,(*#$- (/ ,9'9% -9% 4$+#(/,(% p"( *(+#:(/ $8(/,(% $+,#V$'9* +9/,#/"9 '(- *(+(4,9* '( (*#,*949N(,#/$ f=IHAg 4$*$ (%,#0"-$'9*(% '( (*#,*949N(%#%7 )*(V#9 $- #/#+#9 '( $8(/,(% 0$/,(/(* (- /#V(- '( 3(098-9:#/$ (/ 4$+#(/,(% (/ '#i-#%#% (%,#0"-$'9*(% '( (*#,*949N(%#%c -9% 4$+#(/,(% '(:(/ (%,$* '( p"( (04-($:$/ '$*:(49(,#/ $-1$c 09%,*9 p"( -$ +9/V(*%#M/ $ 4*(1(*(/+#$ /9*09,(/%9%7 J9% 4$+#(/,(% +9/ (/+(1$-94$,.$ =IHA fV#'$ 0('#$ >O\ 39*$%g -98*$ 0$/,(/(* '( 19*0$ (;#,9%$ 3#4(*,(/%#V$ /9 '(:(/ *(+#:#* (%,9% $8(/,(%7 D# $4$*(+( "/ /#V(- (%,$:-( '( 3(098-9:#/$7 J9% 3$--$S89% '(- (%,"'#9 3#4(*,(/%#M/ $*,(*#$- '"*$/,( (- ,*$,$0#(/,9 +9/ $8(/,(% AH=EFDc %"8#(*(/ p"( -$ $/(0#$ 4"('( %(* +9**(8#'$ '( (%,#0"-$'9*(% '( (*#,*949N(%#% fAIIgc 4"('(/ ",#-#S$*%( -$% 19*0$ (1(+,#V$ (/ 4$+#(/,(% +9/ (/1(*0('$' *(/$- +*M/#+$ %#/ %#8"#(/,(% $-,(*/$,#V$% 4$*$ (- +9/,*9- '( -$ 4*(%#M/ $*,(*#$-2 %"%,#,"+#M/ '( -$ 1"/+#M/ *(/$- V.*8(/(% $ ,*$,$0#(/,9c +9/ #/#+#$* ,*$,$0#(/,9 $/,#3#4(*,(/%#V9 9 #/+*(0(/,$* -$% '9%#% %# $8(/,(% (%,#0"-$'9*(% '( (*#,*949N(%#%c p"( *(+#:(/ (- 4$+#(/,( -9 (%,i *(+#:#(/'9c '#%0#/"#* -$ '9%#% '(- AII f(/ $4-#+$+#M/ %":+",i/($ '( =IHA (/ '9%#% '( \7Y “85|8 +$'$ L +$%9 '( *(+#:#*-9 0('#$/,( V.$ #/,*$V(/9%$g 9 $'0#/#%,*$*-$ %(0$/$%7 J$ '9%#% #/#+#$- *(+90(/'$'$ '( =7I7H7A7 (% '( \7Y\ 49* V.$ %":+",i/($7 B9 (;#%,( %"1#+#(/,( (V#'(/+#$ 4$*$ “85|8 "/$ V(S +$'$ '9% %(0$/$% f1$%( '( +9**(++#M/g N "/$ #/+*(0(/,$* -$ V#8#-$/+#$ '( -$ 4(*0($:#-#'$' '(- $++(%9 V(S +$'$ P %(0$/$% f1$%( '( 0$/,(/#0#(/,9g7 J$ %(8"*#'$' N V$%+"-$* +"$/'9 (- 4$+#(/,( *(+#:( AII7 J$ 4*91#-$;#% '( -$ ,9-(*$:#-#'$' '(- $+,#V$'9* (% %#0#-$* $ -$ '( -9% $8(/,(% ,*90:9%#% '(- $++(%9 V$%+"-$* 0('#$/,( (- "%9 '( (%,#0"-$'9*(% '( (*#,*949N(,#/$7 J$ '9%#% #/#+#$- '( $/,#+9$8"-$/,(% 9 $/,#$8*(8$/,(% 4-$p"(,$*#9% /9 3$ '$*:(49(,#/ $-1$ (/ 4$+#(/,(% +9/ (/1(*0('$' *(/$- +*M/#+$ *(%"-,$'9 (1(+,#V$7 J9% $8(/,(% (%,#0"-$'9*(% '( 9 (/ '#i-#%#% 4(*#,9/($-c (% '( \7PT “85|8 '( 4(%9c 49* V.$ (*#,*949N(%#% /9 '(:(/ '(%+9/,#/"$*%( (/ -9% 4$+#(/,(% p"( %":+",i/($c (/ '9%#% X/#+$7 )$*$ -9% 4$+#(/,(% (/ %( V$/ $ %90(,(* $ +#*"8.$c (/ -9% p"( '(%$**9--$/ (/1(*0('$' 3(09'#i-#%#%c (% -$ 0#%0$ '9%#% ,$/,9 49* V.$ #/,*$V(/9%$ >YY
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0#/,(*+"**(/,( $8"'$ 9 -9% p"( *(p"#(*$/ '( ,*$/%1"%#9/(% 49* (%,#0"-$/,(% '( -$ (*#,*949N(%#%c $4-#+$+#M/ #/+9**(+,$c '#i-#%#% %$/8*$'9 $8"'97 #/$'(+"$'$c 4(*'#'$ +*M/#+$ '( %$/8*(c #/1(++#M/ 9 #/1-$0$+#M/c -"4"% (*#,(0$,9%9 %#%,U0#+9c I/ ,9'9% -9% 4$+#(/,(% +9/ $/(0#$ %(+"/'$*#$ $ (/1(*0('$' 3#4(*4$*$,#*9#'#%09c #/,9;#+$+#M/ 49* $-"0#/#9c *(/$- +*M/#+$ p"( %9/ +$/'#'$,9% $ ,*$%4-$/,( *(/$-c '(:( 3(098-9:#/94$,.$%c 'U1#+#, '( V#,$0#/$ ^>L 9 19-$,9%c $4-$%#$ (V#,$*%( -$ ,*$/%1"%#M/ '( 8-M:"-9% *9k9%7 J$ ,*$/%1"%#M/ '( %(-(+,#V$ '( 8-M:"-9% *9k9%c 0#(-90$ 0X-,#4-(50#(-91#:*9%#%c 8-M:"-9% *9k9% (%,i #/'#+$'$ (/ 4$+#(/,(% +9/ $/(0#$ $8"'$ N 4*9'"++#M/ '( $/,#+"(*49 $/,# I)Fc 4*9+(%9 0$-#8/9c 8*$V( $%9+#$'$ $ #/(%,$:#-#'$' 3(09'#/i0#+$c 3(09-#%#% '(%/",*#+#M/c 3(09-#%#% N (1(+,9% $'V(*%9% '( @I=A ( $8"'$ 9 %(4%#% %(V(*$7 K/ /#V(- '( 3(098-9:#/$ #/0"/9%"4*(%9*(%7 I- ,*$,$0#(/,9 +9/ V#,$0#/$ I 4"('( *(+90(/'$'9 49* %. %9-9c /9 k"%,#1#+$ -$ ,*$/%1"%#M/ %$/8"./($ *('"+#* (- (%,*U% 9;#'$,#V9c (- +"$- %( $%9+#$ +9/ *(%#%,(/+#$ $ (/ (- 4$+#(/,( +9/ $/(0#$ N (/1(*0('$' *(/$- +*M/#+$7 A/,( ,*$,$0#(/,9 +9/ $8(/,(% (%,#0"-$'9*(% '( (*#,*949N(%#%7 K/$ (- 4$+#(/,( (/ ,*$,$0#(/,9 +9/ AII p"( 4*(%(/,$ 4(*'#'$ '9%#% 9*$- '( V#,$0#/$ I f>L\\ K@g $'0#/#%,*$'$ Y 39*$% $/,(% %$/8"./($ N +"N$ +9/+(/,*$+#M/ '( R: '(%+#(/'$ $ /#V(-(% '( -$ %(%#M/ '( 3(09'#i-#%#% $%9+#$'9 $ 3#(**9 #/,*$V(/9%9 +*.,#+9%c /9 '(:( %"%4(/'(*%( -$ $'0#/#%,*$+#M/ '( AII7 J$ 4"('( 4*9,(8(* +9/,*$ (- (%,*U% 9;#'$,#V97 J$ +9**(++#M/ '( -$ $'0#/#%,*$+#M/ '( 3#(**9 '(:(*i %"%4(/'(*%( '(%4"U% '( -$ '(1#+#(/+#$ '( V#,$0#/$ = 4"('( *('"+#* -$ *(%#%,(/+#$ f:$k$ ,*$/%1"%#M/ N *(#/#+#$*%( T $ Y '.$% '(%4"U%7 J$ ,*$/%1"%#M/ '( *(%4"(%,$g $ -9% $8(/,(% (%,#0"-$'9*(% '( (*#,*949N(%#% N 8-M:"-9% *9k9% (%,i #/'#+$'$ %#(04*( p"( (- 4$+#(/,( ,(/8$ 49,(/+#$* (- (1(+,9 '( -$ V#,$0#/$ I7 I/ "/ %":8*"49 '( %./,90$% '( $/(0#$ f1$,#8$ 1i+#-c '#%/($c ,$p"#+$*'#$g 4$+#(/,(% (/ 3(09'#i-#%#% -$ %"4-(0(/,$+#M/ '( Jm+$*/#,#/$ #/'(4(/'#(/,( '(- /#V(- '( 3(098-9:#/$7 J9% 4$+#(/,(% f,(*$4#$ $'N"V$/,(g 4"('( +9/,*#:"#* $ 0(k9*.$ '( -$ 0$N9*(% '( YT $r9% +9/ 4$,9-98.$% +$*'#9V$%+"-$*(% 9 *(%#%,(/+#$ $ -9% AII N 0(k9*$* (- /#V(- '( 3(098-9:#/$7 I%,$ 4"-09/$*(% 4"('(/ ,9-(*$* 49:*(0(/,( -$ $/(0#$c %( %"8#(*( 19*0$ '( ,(*$4#$ /9 %( *(+90#(/'$ 4$*$ %" "%9 *",#/$*#97 +9/%#'(*$* ,*$/%1"%#M/ +"$/'9 -$ R: (% za85'-7 I/ 4$+#(/,(% p"( V$/ $ %(* %90(,#'9% $ 4*9+('#0#(/,9% p"#*X*8#+9% -$ ,*$/%1"%#M/ (%,i #/'#+$'$ +"$/'9 -$ R: (%,i 49* '(:$k9 '( Z85'- N (%,i +9/,*$#/'#+$'$ %# -$ R: (% v>\85'-7 D( 4*(1#(*(/ =H@EIH@FD ?I HIQIHIB=@A -9% 4*(4$*$'9% %$/8"./(9% -("+9**('"+#'9% (/ 4$+#(/,(% D( %"8#(*( (/V#$* $ R(0$,9-98.$ $- 4$+#(/,( +9/ *(%#%,(/+#$ 9 +*M/#+$0(/,( ,*$/%1"/'#'9%c *(+(4,9*(% 49,(/+#$-(% '( 3#49*(%4"(%,$ $- "%9 '( $8(/,(% (%,#0"-$'9*(% '( -$ ,*$%4-$/,(c 4$+#(/,( +9/ *($++#9/(% ,*$/%1"%#9/$-(% 4*(V#$%c (*#,*949N(%#%c 4$*,#+"-$*0(/,( $- 4$+#(/,( +9/ %9%4(+3$ '( 4$+#(/,(% %(*9/(8$,#V9% 4$*$ =<] 9 (/ p"#(/(% /9 (%,U/ 3(098-9:#/94$,.$%c $4-$%#$ %(-(+,#V$ '( 8-M:"-9% *9k9%c 49* '#%49/#:-(% +9049/(/,(% %(*9/(8$,#V9%7 4*9'"++#M/ '( $/,#+"(*49% $/,#(*#,*949N(,#/$c 0#(-91#:*9%#%c J$ *(%4"(%,$ #/$'(+"$'$ 9 *(%#%,(/+#$ $- ,*$,$0#(/,9 +9/ AII 0#(-90$ 0X-,#4-(c 3(09-#%#% N /(94-$%#$%7 D( *(+90#(/'$ %( '(1#/( +909 (- 1*$+$%9 4$*$ $-+$/S$* (- /#V(- '( R: (/V#$* $ %(8"/'9 N ,(*+(* /#V(- '( $,(/+#M/c $- 4$+#(/,( +9/ '(%($'9 $ 4(%$* '( "/$ '9%#% '( (*#,*949N(,#/$ $-1$ 9 :(,$ (V#'(/+#$ '( *(%#%,(/+#$ $ (*#,*949N(,#/$c (1(+,9% $'V(*%9% 49* V.$ D= vO\\K@5|85%(0$/$ f9 (*#,*949N(,#/$ 8*$V(% %(+"/'$*#9% $ -$ $4-#+$+#M/ '( (*#,*949N(,#/$2 PT\K@5|85%(0$/$ V.$ (/'9V(/9%$gc 9 0i% '( '$*:(49(,#/$ 3#4(*,(/%#M/ $*,(*#$- *(%#%,(/,( $ ,*$,$0#(/,9 9 '( 9,*9 9*#8(/ $-1$ v>7T085|85%(0$/$7 J$ +$"%$ 0i% +90X/ '( *(%#%,(/+#$ $ $ -$ (/1(*0('$' *(/$- +*M/#+$c '(%$**9--9 '( (V(/,9 -$ (*#,*949N(,#/$ (% -$ '(1#+#(/+#$ $:%9-",$ 9 1"/+#9/$- '( ,*90:9,#+9 #/'(4(/'#(/,( $ -$% +#1*$% '( 3(098-9:#/$ N $/,( 3#(**9 N -$% (/1(*0('$'(% #/1-$0$,9*#$%7 I- $4(89 '(:( %(* 3(09-#%#%7 %"4(*V#%$'9 (/ ,9'9% -9% 4$+#(/,(% p"( %( $",9 $'0#/#%,*$/ ?(%'( -$ (V$-"$+#M/ :$%$- '( -$ $/(0#$c -9% '(4M%#,9% '( $8(/,(% (%,#0"-$'9*(% '( (*#,*949N(,#/$7 I/ -9% 4$+#(/,(% +9/ 3#(**9 '(:(/ %"4(*V#%$*%( *(8"-$*0(/,(c 0('#$/,( -$ 3#49*(%4"(%,$ $- ,*$,$0#(/,9 +9/ $8(/,(% (%,#0"-$'9*(% '( '(,(*0#/$+#M/ '( 1(**#,#/$ %U*#+$ N59 (- $49*,( '( 3#(**9 $ -9% (*#,*949N(%#% %#/ '(1#+#(/+#$ '( 3#(**9c %( '(:(/ #/V(%,#8$* 8-M:"-9% *9k9% f49*+(/,$k( '( 8-M:"-9% *9k9% 3#49 +*M0#+9%g7 D# 9,*$% +$"%$% +90"/(% '( $/(0#$ N ,*$,$*-$% '( 19*0$ -$ X-,#0$ 4*"(:$ /9 (%,i '#%49/#:-(c (/,9/+(%c %( 4"('(/ "%$* +9**(+,$7 D( '(:( %9%4(+3$* *(%#%,(/+#$ $ -$ (*#,*949N(,#/$ +909 %"%,#,",9c -$ 0('#+#M/ '( q '( %$,"*$+#M/ '( +"$/'9 (- 4$+#(/,( /9 $-+$/S$ (- 9:k(,#V9 '( R: 0#(/,*$% ,*$/%1(**#/$ 9 -$ '(,(*0#/$+#M/ '( -$ +9/+(/,*$+#M/ '( *(+#:( O\\ "/#'$'(%5|85%(0$/$ fL\c\\\ "/#'$'(%5%(0$/$g 9 3(098-9:#/$ (/ -9% *(,#+"-9+#,9% fv O> 4#+98*$09%g7 I/ ,#(/( /(+(%#'$' 4(*0$/(/,( '( (%,$% '9%#% 4$*$ 0$/,(/(* (4$+#(/,(% +9/ (/1(*0('$' *(/$- +*M/#+$ N 3(098-9:#/$ 9:k(,#V97 J$% %#8"#(/,(% +9/'#+#9/(% 4"('( +$"%$* *(%#%,(/+#$ (%,$:-( '( >\ 85'-c p"( /9 *(+#:(/ $8(/,(% (%,#0"-$'9*(% '( $ -$ ,(*$4#$ N '(:(/ %(* #/V(%,#8$'$% N ,*$,$'$%2 '9%#% (*#,*949N(,#/$ N +"N9 q '( 8-M:"-9% *9k9% 3#49 +*M0#+9% %($ #/$'(+"$'$ 9 #/+"04-#0#(/,9 '( -$ $'0#/#%,*$+#M/ '( $8(/,(% >YZ
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,00(/9* '( >\q fq %$,"*$+#M/ '( ,*$/%1(**#/$ ‚ $ L\qg N -$ 1(**#,#/$ %U*#+$ ‚ >\\ “85Jc -9% '(4M%#,9% '( 3#(**9 %( '(:(/ 0('#* +$'$ O Y 0(%(%7 K/$ V(S $-+$/S$'9 (- /#V(- '(%($'9 '( 3(098-9:#/$c (- q '( 8-M:"-9% *9k9% 3#49 +*M0#+9% 9 (- q '( "&4"*!"#'# *"&'2 %*/&$%' )"!,*'&' %$,"*$+#M/ '( ,*$/%1(**#/$ N -$ 1(**#,#/$ %U*#+$c '(:(/ 0('#*%( 49* -9 0(/9% +$'$ O $ Y 0(%(%7 I- ,*$,$0#(/,9 +9/ 3#(**9 I- $",9+"#'$'9 %( '(1#/( +909 -$ 4*i+,#+$ $4*(/'#'$ '( #/,*$V(/9%9 /9 %( '(:( '(%+9/,#/"$* 4$*$ 3$+(* -$% $+,#V#'$'(% p"( -9% #/'#V#'"9% #/#+#$/ N *($-#S$/ (/ %" '(,(*0#/$+#9/(% '( -9% '#1(*(/,(% 4$*i0(,*9% 3(0$,9-M8#+9%7 :(/(1#+#9 4$*$ (- 0$/,(/#0#(/,9 '( -$ V#'$c -$ %$-"' N (?"*$/,( (- ,*$,$0#(/,9 +9/ $8(/,(% (%,#0"-$'9*(% '( :#(/(%,$*7 I% /(+(%$*#9 3$+(* "/ '#$8/M%,#+9 '( -$% (*#,*949N(%#% %( *(+90#(/'$ ,(/(* +9/,*9- '( -$ /(+(%#'$'(% '( $",9+"#'$'9 p"( *(p"#(*( (- 4$+#(/,( +9/ +9/+(/,*$+#M/ '( 3(098-9:#/$ +$'$ L $ P %(0$/$% '"*$/,( -$ IH=7 J$ (V#'(/+#$ 3$ 09%,*$'9 p"( 09,#V$* N $49N$* (1$%( '( +9**(++#M/ N +$'$ > $ O 0(%(% (/ (- 4$+#(/,( (%,$:-(7 $",9+"#'$'9 '( -9% 4$+#(/,(% (% "/ +9049/(/,( +-$V( p"( ?"*$/,( -$ 1$%( '( +9**(++#M/c -$ ,$%$ '( #/+*(0(/,9 '(- /#V(4(*0#,( 0(k9*$* -9% *(%"-,$'9% '( %$-"'c (/,*( -9% p"( '( 3(098-9:#/$ '(:( %(* '( > $ L 85'- 49* 0(%c "/ +$0:#9 z '(%,$+$/ -$ +$-#'$' '( V#'$c -$ $'3(*(/+#$ $- ,*$,$0#(/,9 N ('( > 85'- 4"('( #/'#+$* -$ /(+(%#'$' '( "/$ 09'#1#+$+#M/ 9 +9/,*9- 0(,$:M-#+97 $k"%,( '(- LTq f$**#:$ 9 $:$k9g '( -$ '9%#% ,9,$- %(0$/$- '(AII7 K/ #/+*(0(/,9 v L 85'- 49* 0(% (% #/'(%($:-( N *(p"#(*( D( '(:( #/+9*49*$* $ -9% 4$+#(/,(% '(/,*9 '( 4*98*$0$% $k"%,( 0('#$/,( -$ %"%4(/%#M/ ,(049*$- 9 '#%0#/"+#M/ '( -$ ('"+$,#V9% N 8*"49% '( $",9$N"'$ +909 (%,*$,(8#$% 4$*$ '9%#% ,9,$- %(0$/$- (/,*( LT $ T\q7 ?"*$/,( -$ 1$%( '( 190(/,$* (- $",9+"#'$'9 N -$ $4-#+$+#M/ '(- +9/9+#0#(/,9 (/ 0$/,(/#0#(/,9c +"$/'9 (- /#V(- '( 3(098-9:#/$ (% (%,$:-(c (%#,"$+#9/(% *($-(%7 I- 9:k(,#V9 '( -$% (%,*$,(8#$% ('"+$,#V$% N /#V(- '( 3(098-9:#/$ '(:( %(* %"4(*V#%$'9 +$'$ > $ L 0(%(% 8*"49% '( $",9$N"'$ (% -98*$* (- (049'(*$0#(/,9 '(N p"#Si 0(/9% 1*(+"(/,( (/ 4$+#(/,(% +9/ (/1(*0('$' *(/$4$+#(/,( +9/ IH=c 4$*$ 09'#1#+$* +9/'"+,$% '( *#(%89 +*M/#+$ p"( /9 %( (/+"(/,*$/ (/ '#i-#%#%7 K/ +$0:#9 v >85'$%9+#$'$% +9/ 4*98*(%#M/ '(- '$r9 *(/$-7 I%,( $:9*'$k( '(:( (/ (- /#V(- '( 3(098-9:#/$ 4"('( #/'#+$* -$ /(+(%#'$' '( +9/%#'(*$* -$ 4$*,#+#4$+#M/ '( "/ (p"#49 0"-,#'#%+#4-#/$*#9 $k"%,( '(- LTq '( -$ '9%#% ,9,$- %(0$/$- '(- AII 9 :#(/ $k"%,( +(/,*$'9 (/ -9% +"#'$'9% p"( *(p"#(*(/ -9% 4$+#(/,(%7 I/ (/ -$ 1*(+"(/+#$ '( $'0#/#%,*$+#M/ '( $+"(*'9 $- ,#49 '( AII7 4$+#(/,(% +9/ IH= ,(04*$/$c -$% 0X-,#4-(% +9/'"+,$% '( K/ /#V(- '( 1(**#,#/$ %U*#+$ 0$N9* '( a\\ 085- (% %"8(%,#V9 '( *#(%89 $%9+#$'$% $ (%,#-9% '( V#'$ /(8$,#V9% /9 %( 09'#1#+$/ %9:*(+$*8$ '( 3#(**97 ?"*$/,( (- ,*$,$0#(/,9 +9/ 3#(**9 %( +9/ -$ %9-$ #/,(*V(/+#M/ '(- 0U'#+9 (/ $,(/+#M/ 4*#0$*#$7 K/$ *(+90#(/'$ *($-#S$* "/ 09/#,9*(9 +$'$ > $ O 0(%(% 4$*$ (%,*$,(8#$ 1$+,#:-( 4$*$ 0(k9*$* -$ $,(/+#M/ '( -9% 4$+#(/,(% (V#,$* -$ ,9;#+#'$'7 '(%'( -9% (%,$'#9% ,(04*$/9% '( -$ IH= (/ (- 4*#0(* /#V(- '( $,(/+#M/ 0U'#+$ (% -$ #/,(8*$+#M/ '( 8*"49% 0"-,#'#%+#4-#/$*#9% f#/+-"N(/'9 0U'#+9%c (/1(*0(*$%c /",*#M-98$%c ,*$:$k$'9*$% %9+#$-(%c $+9/'#+#9/$'9*(% 1.%#+9%c 4%#+M-989%g7 K/9 '( -9% (/19p"(% ,(M*#+9% p"( 3$ 09%,*$'9 (1(+,#V#'$' (/ (- +$0:#9 '( +9/'"+,$% 0X-,#4-(% '( *#(%89 (% (- 09'(-9 ,*$/%m,(M*#+9c (- +"$- %( :$%$ (/2 o J$ 4*(0#%$ '( p"( -$% 4(*%9/$% 4$%$/ 49* "/$ %(*#( '( (,$4$% (/ %" #/,(/,9 49* +$0:#$* "/$ +9/'"+,$7 o J$% (,$4$% 4"('(/ %(* ,$/,9 '#/i0#+$% +909 (%,$:-(% f4"('(/ '"*$* "/ ,#(049 +9/%#'(*$:-(gc 4(*9 %#(04*( (;#%,( -$ 49%#:#-#'$' '( +$0:#$* f$/(;9 T7Oc +"$'*9 >g7 J$% 3(**$0#(/,$% :i%#+$% *(+90(/'$'$% 4$*$ 190(/,$* (- +$0:#9 '( +9/'"+,$% 0X-,#4-(% '( *#(%89 %9/2 o I/,*(V#%,$ 09,#V$+#9/$- o I'"+$+#M/ '(- 4$+#(/,( o W"( (- 4$+#(/,( (%,$:-(S+$ "/ 4-$/ '( A++#M/7
I- %9:*(4(%9 N -$ 9:(%#'$' %9/ 1$+,9*(% '( *#(%89 '( %"%+(4,#:#-#'$' N 4*98*(%#M/ '( -$ IH=c 4$*,#+"-$*0(/,( (/ -$% >Ya
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,00"k(*(%7 J$ *('"++#M/ '( 4(%9 (/ %"k(,9% 9:(%9% 3$ 09%,*$'9 p"( /9 *($-#S$*9/ (k(*+#+#9 4(*9 %. *(+#:#(*9/ -$ '#(,$7 )9* 9,*9 *(%"-,$'9% +9/,*$'#+,9*#9% (/ ,U*0#/9% '( 0(k9*.$ '( -$ -$'9c /9 (;#%,( (V#'(/+#$ '( (1(+,9% $'V(*%9% 9 -(%#9/(% '(4"*$+#M/ '( +*($,#/#/$ f?=*g 9 +*($,#/#/$ %U*#+$ f=*Dgc 4(*9 +$"%$'$% 49* (- (k(*+#+#9 (/ %"k(,9% +9/ IH= $V$/S$'$7 J$% %. %( 3$ $%9+#$'9 0i% +9/%#%,(/,(0(/,( +9/ '#%0#/"+#M/ '( 4(*%9/$% +9/ IH= '(:(/ %(* 09,#V$'$% 4$*$ *($-#S$* (k(*+#+#9 -$ 4*9,(#/"*#$7 *(8"-$*7 I/ #/'#V#'"9% +9/ IH= %( *(+90#(/'$ 0$/,(/(* "/ ./'#+( '( 0$%$ +9*49*$- f@<=g (/,*( >a7T N LP7[ n850L7 J9% 4$+#(/,(% +9/ IH= N +#*+"/1(*(/+#$ '( +#/,"*$ ‚[P +0 (/ 390:*(% N ‚a\ +0 (/ 0"k(*(% '(:(/ %(* +9/%#'(*$'9% 4$*$ $%(%9*.$ /",*#+#9/$- $'(+"$'$ 4$*$ :$k$* 4(%97 A /#V(- *(/$-c (- ,$:$+9 f/#+9,#/$g 9+$%#9/$ $-,(*$+#9/(% 3(09'#/i0#+$% N '( -$ (;+*(+#M/ '( $8"$ N (-(+,*9-#,9%c $%. +909 '#%1"/+#M/ '(,*$/%49*,( '( +$,#9/(% (/ (- ,X:"-9 4*9;#0$-7 I%,$% $-,(*$+#9/(% 1$V9*(+(/ -$ 4*98*(%#M/ '( -$ (/1(*0('$' *(/$-7 I/ (%,"'#9% 9:%(*V$+#9/$-(% %( 3$ '(09%,*$'9 p"( 1"0$* %( $%9+#$ +9/ #/+*(0(/,9 '( -$ 4*9,(#/"*#$ N 0$N9* 4*98*(%#M/ 3$+#$ -$% (,$4$% 1#/$-(% '( -$ #/%"1#+#(/+#$ *(/$-7 J9% 1"0$'9*(% ,#(/(/ 0$N9* *#(%89 fH< L7TLc @=[Tq >7\Ym T7[[c 4z\7\\>g '( '#%0#/"#* %" EQ! +904$*$'9% +9/ -9% /9 1"0$'9*(%7 I%,( *#(%89 4(*%#%,( #/+-"%9 '(%4"U% '( $k"%,$* 4$*$ '#$:(,(%c *(,#/94$,.$c ('$'c @<=c "%9 '( #/3#:#'9*(% '( -$ (/S#0$ +9/V(*,#'9*$ '( $/8#9,(/%#/$ f@I=A%g 9 4*9,(#/"*#$7 I/ 390:*(% 1"0$'9*(% +9/ IH= /9 '#$:U,#+$c -$ 49%#:#-#'$' '( '(%$**9--$* @H=E (% 0i% '(- '9:-( p"( -$ '( -9% /9 1"0$'9*(%c N (- *#(%89 %( #/+*(0(/,$ +9/ -$ #/,(/%#'$' '(,$:$p"#%09 N (- ,#(049 '( (;49%#+#M/7 I;#%,(/ 0"N 49+9% (%,"'#9% $+(*+$ '(- (1(+,9 '( '(k$* '( 1"0$* %9:*( ('(,(*#9*9 '( -$ 1"/+#M/ *(/$-7 I/ $-8"/9% %( 0"(%,*$ "/ (/-(/,(+#0#(/,9 (/ -$ 4U*'#'$ '( 1"/+#M/ *(/$- $- '(k$* '( 1"0$* '( >7L \7O $ \7Z \7> 0-50#/50(%c %#0#-$* $ -9 p"( %"+('#M +9/ -9% +9/,*9-(%7 J$% 4(*%9/$% +9/ IH= p"( 1"0$/ '(:(/ %(* $'V(*,#'$% '(- *#(%89 p"( ,#(/(/ '( (/1(*0('$' +$*'#9V$%+"-$* fI=]g N 4*98*(%#M/ '(- '$r9 *(/$-7 @'($-0(/,(c '(:(*.$/ %(* (/V#$'$% $ +-./#+$% '( ,$:$p"#%09 '9/'( %(*.$/ 09,#V$'$% 4$*$ p"( $:$/'9/(/ (- 3i:#,9 ,$:ip"#+97 <"N 49+9% (%,"'#9% 3$/ (V$-"$'9 $4*94#$'$0(/,( (- (1(+,9 '(- +9/%"09 '( $-+939- %9:*( -$ 1"/+#M/ *(/$-7 A-8"/9% (%,"'#9% 0"(%,*$/ p"( -$ #/8(%,#M/ (;+(%#V$ '( $-+939- %( $%9+#$ +9/ '#%0#/"+#M/ '( -$ EQ! N $"0(/,9 '( -$ 4*9,(#/"*#$7 J$% 4(*%9/$% +9/ IH= '(:(/ $+9/%(k$*%( 4$*$ /9 #/8(*#* +$/,#'$'(% (;+(%#V$% '( $-+939-7 B9 (;#%,(/ (%,"'#9% (/ -9% p"( +9/%#%,(/,(0(/,( %( '(0"(%,*( "/ *(%"-,$'9 :(/U1#+9 '(- (k(*+#+#9 %9:*( -$ 1"/+#M/ *(/$- '( 4$+#(/,(% +9/ IH=c 4(*9 -9% '$,9% (4#'(0#9-M8#+9% $4"/,$/ $ "/ #04$+,9 49%#,#V9 '((k(*+#+#9 *(8"-$* %9:*( -$ I=] '( -$ 49:-$+#M/ 8(/(*$-7 I/ $-8"/9% (%,"'#9%c (- (k(*+#+#9 *(8"-$* k"/,9 +9/ "/$ '#(,$ 3#494*9,(#+$ #/+*(0(/,M -$ EQ! (/ +904$*$+#M/ +9/ %"k(,9%
I- "%9 '( '#(,$% 3#494*9,(#+$% (/ 4$+#(/,(% +9/ IH= +9/,#/X$ %#(/'9 +9/,*9V(*%#$-7 A-8"/9% '$,9% %"8#(*(/ p"( -$ '#%0#/"+#M/ (%,*#+,$ f\7O $ \7Y 85n85'.$g '( 4*9,(./$% (/ -$ '#(,$ 49'*.$ $%9+#$*%( +9/ '#%0#/"+#M/ (/ -$ 9+"**(/+#$ '( 0"(*,( 9 @H=E (/ %"k(,9% +9/ IH= /9 '#$:U,#+$ +904$*$'9% +9/ %"k(,9% +9/ '#(,$% "%"$-(%c 4(*9 -$ $'3(*(/+#$ $ (%,9% *(8.0(/(% (% '#1.+#-7 A"/p"( $-8"/9% (/%$N9% +-./#+9% +9/,*9-$'9% 3$/ 09%,*$'9 0(k9*.$ (/ -$ EQ! N =*D '( %"k(,9% +9/ IH= (%,$'#9% >mO +9/ (- (04-(9 '( '#(,$% 3#494*9,(#+$%c 9,*9% /9 3$/ (/+9/,*$'9 '#1(*(/+#$%7 @/+-"%9 (/ (- (%,$'#9 P '( -$ IH=c -9% *(%"-,$'9% :(/U1#+9% +"$/'9 0"+39 %9/ 0./#09%7 I- +90X/ '(/90#/$'9* '( (%,9% (%,"'#9% 3$ %#'9 -$ 3(,(*98(/(#'$'c N 0"+39% '( (--9% 4*(%(/,$/ -#0#,$+#9/(% 0(,9'9-M8#+$% f#/+-"%#M/ '( 4$+#(/,(% +9/ '#1(*(/,(% '#$8/M%,#+9%c '"*$+#M/ '( #/,(*V(/+#M/c /#V(-(% '( *(%,*#++#M/ '( 4*9,(./$%c +9/,*9- '( ,(/%#M/ $*,(*#$- N 0('#+$0(/,9% p"( 49'*.$/ $1(+,$* -$ 1"/+#M/ *(/$-g7 A'(0i%c (/ 0"+3$% 9+$%#9/(%c -$ $'3(*(/+#$ $ -$ '#(,$ 3$ %#'9 %":M4,#0$ N ((1(+,9 %9:*( (- (%,$'9 /",*#+#9/$- #8/9*$'97 AX/ +9/ (V#'(/+#$ +9/,*$'#+,9*#$c "/$ *(%,*#++#M/ 09'(*$'$ '( 4*9,(./$% (/ -$ '#(,$ f\7am>7\ 85n85'.$g 49'*.$ %"8(*#*%( (/ 4$+#(/,(% +9/ IH=7 ="$/'9 %( (04-(( "/$ *(%,*#++#M/ '( 4*9,(./$% (/ -$ '#(,$ z\7Z 85n85'.$ '(:( #/+-"#*%( "/ 09/#,9*(9 +"#'$'9%9 '(- (%,$'9 '( /",*#+#M/7 J9% 4$+#(/,(% +9/ IH= 1*(+"(/,(0(/,( %9/ %(/%#:-(% $ -$ #/8(%,#M/ '( %$- N *(%49/'(/ +9/ #/+*(0(/,9 '( -$ ,(/%#M/ $*,(*#$-c 1*$++#M/ '( 1#-,*$+#M/ 8-90(*"-$* N 4*9,(#/"*#$c -9 p"( 1$V9*(+( "/ (%+(/$*#9 ,(M*#+9 4$*$ -$ 4*98*(%#M/ '(- '$r9 *(/$-7 A'(0i%c -$ #/8(%,#M/ '( %$- $,(/X$ -$ *(%4"(%,$ $ -9% $/,#3#4(*,(/%#V9%7 =9/%(+"(/,(0(/,( -$ *(%,*#++#M/ '( %$- (/ -$ '#(,$ '(:( %(* "/ 9:k(,#V9 4$*$ '#%0#/"#* -$ 4*9,(#/"*#$ N 4*98*(%#M/ '(- '$r9 *(/$-7 I- 0$/(k9 *(/$- '( %9'#9 (%,i $-,(*$'9 (/ -$ IH=c N -$ *(,(/+#M/ '( '#+39 +$,#M/ k"(8$ "/ 4$4(- 4*#/+#4$- (/ -$ 3#4(*,(/%#M/ '( -$ (/1(*0('$' *(/$-c 8(/(*$-0(/,( $%9+#$'9 +9/ -$ (;4$/%#M/ '(- V9-"0(/ (;,*$+(-"-$*7 J$ *('"++#M/ '( %$- (/ -$ '#(,$ '#%0#/"N( -$ ,(/%#M/ $*,(*#$- (/ IH=7 J$ '#(,$ ,#49 ?#(,$*N A44*9$+3(% ,9 D,94 RN4(*,(/%#9/ f?ADRg (% (1(+,#V$ 4$*$ *('"+#* -$ ,(/%#M/ $*,(*#$- (/ $'"-,9% +9/ ,(/%#M/ /9*0$- $-,$ ( 3#4(*,(/%#M/ (%,$'#9 >c 4(*9 U%,9 /9 3$ %#'9 4*9:$'9 (/ 4$+#(/,(% +9/ IH=7 I%,$ '#(,$ (/1$,#S$ (- "%9 '( 1*",$%c V(8(,$-(% N 4*9'"+,9% -i+,(9% :$k9% (/ 8*$%$c #/+-"N( 4*9'"+,9% '( +(*($-(% (/,(*9%c +$*/( '( $V(%c >Y[
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,04(%+$'9 N /"(+(%c $%. +909 4(p"(r$% +$/,#'$'(% '( +$*/(% 1$+,9*(% '( *#(%89 4$*$ (- #/#+#9 '( -$ IH=2 o ?#$:(,(% 0(--#,"% *9k$%c '"-+(% N :(:#'$% +9/ $SX+$*c 8*$%$% %$,"*$'$%c ,9,$-(% N o R#4(*,(/%#M/ $*,(*#$- %#%,U0#+$ fRADg o I/1(*0('$'(% +9-(%,(*9-7 D#/ (0:$*89c (%,$ '#(,$ +9/,#(/( +$/,#'$'(% $",9#/0"/(% o K%9 '( /(1*9,9;#/$% t$/,#m#/1-$0$,9*#9% /9 0$N9*(% '( 4*9,(./$%c 49,$%#9 N 1M%19*9 p"( -$% (%,(*9#'(9% fA@BI%gc $0#/98-X+9%#'9%c 0('#9% '( +9/,*$%,( *(+90(/'$'$% 4$*$ 4$+#(/,(% +9/ IH=c 4$*,#+"-$*0(/,( (/ #/,*$V(/9%9%c -#,#9g o F:%,*"++#M/ "*#/$*#$ o J#,#$%#% "*#/$*#$ o -9% (%,$'#9% OmP7 J$ 0$N9*.$ '( %"k(,9% 3#4(*,(/%9% +9/ IH= @/1(++#M/ "*#/$*#$ *(+"**(/,(7 I/,*( -9% 1$+,9*(% (%,$'#9% >mP '(:(*i/ *('"+#* -$ #/8(%,#M/ '( %9'#9 (/ -$ '#(,$ 4(*4(,"$'9*(% '( -$ IH= %( (/+"(/,*$/2 o )*9,(#/"*#$ o $ zL7P 85'.$ f(p"#V$-(/,(% $ zY7\ 8 '( %$- +90X/g +909 4$*,( E(/%#M/ $*,(*#$- %#%,M-#+$ v>O\ 00R8 o A-,$ #/8(%,$ '( '( "/$ (%,*$,(8#$ 8-9:$- 4$*$ *('"+#* -$ ,(/%#M/ $*,(*#$-c I=] N 4*9,(./$% o )9:*( +9/,*9- '( -$ 8-"+(0#$ o F:(%#'$' o 4*98*(%#M/ '( -$ IH=7 J$ *('"++#M/ $ z>7L 85'.$ '(- %9'#9 (/ -$ A/(0#$ o ?#%-#4#'(0#$ o E$:$p"#%09 o R#4(*"*#+(0#$ o '#(,$ 4"('( '#%0#/"#* $X/ 0i% -$ ,(/%#M/ $*,(*#$-c 4(*9 -$ B(1*9,9;#/$% o I=]7 $'3(*(/+#$ $ (%,$ '#(,$ (% 0i% '#1.+#- '( -98*$*7 B9 ,9'9% -9% I- %(;9 0$%+"-#/9 %( 3$ #04-#+$'9 (/ -$ $4$*#+#M/ '( -(%#9/(% %"k(,9% +9/ IH= ,#(/(/ (;4$/%#M/ '( V9-"0(/ (;,*$+(-"-$*7 I/ *(/$-(% (/ 09'(-9% $/#0$-(%c 4(*9 %" (;,*$49-$+#M/ $ $-8"/$% (/1(*0('$'(%c '(1(+,9% (/ -$ *($:%9*+#M/ ,":"-$* '( 3"0$/9% /9 3$ %#'9 '(09%,*$'$7 I% 49%#:-( p"( -$ 4*(%(/+#$ %9'#9 --(V$/ $ '(4-(+#M/ '(- V9-"0(/ f/(1*94$,.$% 4(*'('9*$% '( $/'*M8(/9% f0i% p"( -$ $"%(/+#$ '( (%,*M8(/9%g %($ -$ '( %$-gc p"( "%"$-0(/,( %( $+904$r$/ '( 3#49,(/%#M/7 )9* 4*909,9*$ '(- '$r9 *(/$-7 J9% '$,9% '( (%,"'#9% (/ 3"0$/9% (/'( -$ *(%,*#++#M/ '( %9'#9 (/ (%,9% +$%9% /9 '(:( %(* "%$'$7 3$/ *(%"-,$'9 +9/,*$'#+,9*#9% N /9 %9/ +9/+-"N(/,(%7 A-8"/$% J$ '#(,$ ?ADR 4"('( %(* $4*94#$'$ (/ %"k(,9% +9/ IH= (/ 8".$% /9 +9/%#'(*$/ $- %(;9 0$%+"-#/9 +909 1$+,9* (%,$'#9% >mLc 4(*9 /9 (/ (%,$'#9% 0i% $V$/S$'9% 4"(%,9 p"( 4*('#%49/(/,( '( IH=7 %" +9/,(/#'9 '( 4*9,(./$%c 49,$%#9 N 1M%19*9 %9/ 0$N9*(% p"( -9 *(+90(/'$'9 (/ (%,$% (,$4$%7 J$ #'(/,#1#+$+#M/ '( 1$+,9*(% '( *#(%89 4(*0#,( -$ $4-#+$+#M/ '( #/,(*V(/+#9/(% ,(*$4U",#+$% (/ 1$%(% 0i% ,(04*$/$%7 J$ J9% 4$+#(/,(% +9/ IH= ,#(/(/ *#(%89 #/+*(0(/,$'9 '( '(,(++#M/ '(:( 9*#(/,$*%( 3$+#$ -9% 8*"49% '( 4$+#(/,(% +9/ 3#4(*|$-(0#$ '(:#'9 $ %" +$4$+#'$' '#%0#/"#'$ '( (;+*(+#M/ 0$N9* *#(%89 '( '(%$**9--$* '$r9 *(/$-7 J$ #'(/,#1#+$+#M/ '( '( 49,$%#9c 4$*,#+"-$*0(/,( (/ (,$4$% $V$/S$'$% '( '$r9 -9% 1$+,9*(% '( %"%+(4,#:#-#'$' N '( #/#+#9 (% #049*,$/,( 4$*$ *(/$- N59 +"$/'9 *(+#:(/ +9/+90#,$/,(0(/,( @I=A%c *(+9/9+(* $ -$% 4(*%9/$% +9/ 0$N9* *#(%89 '( '(%$**9--$* IH=c $/,$89/#%,$% '(- *(+(4,9* '( $/8#9,(/%#/$ fAHA%gc '#"*U,#+9% 0#(/,*$% p"( -$ #'(/,#1#+$+#M/ '( -9% 1$+,9*(% '( 4*98*(%#M/ $39**$'9*(% '( 49,$%#97 I/ 9,*$% 9+$%#9/(%c -$ 3#4(*|$-(0#$ %9/ X,#-(% 4$*$ '(1#/#* p"( 4(*%9/$% +9/ IH= ,#(/(/ 0$N9* 4"('( 9+"**#* #/'(4(/'#(/,(0(/,( '(- (%,$'#9 '( IH=7 I/ *#(%89 '( 4*98*(%$* 3$%,$ -$% (,$4$% 1#/$-(% '( -$ (/1(*0('$'7 4(*%9/$% +9/ IH=c (/ $"%(/+#$ '( +$"%$% 0U'#+$% +9/9+#'$% I/ $p"(--9% 4$+#(/,(% (/ -9% p"( %( 3$ #'(/,#1#+$'9 -$ 4$*$ 3#4(*|$-(0#$c %" 0$/(k9 '(:( #/V9-"+*$* $ /",*#+#9/#%,$% 4*(%(/+#$ '( 1$+,9*(% '( *#(%89c (% *(+90(/'$:-( p"( %( (;4(*,9% (/ (- i*($7 A-8"/9% %":%,#,",9% '( %$- +9/,#(/(/ (V$-X( -$ 1"/+#M/ *(/$- N -$ (;#%,(/+#$ '( '$r9 *(/$- 49* -9 8*$/'(% +$/,#'$'(% '( %$-(% '( 49,$%#9c N '(:(/ %(* (V#,$'9% 0(/9% "/$ V(S $- $r97 (/ 4$+#(/,(% +9/ IH=c 4$*,#+"-$*0(/,( (/ (%,$'#9% $V$/S$'9%7 J9% 4$+#(/,(% +9/ IH= (/ (%,$'#9% $V$/S$'9% ,#(/(/ *#(%89 #/+*(0(/,$'9 '( (/1(*0('$' M%($ N '(4M%#,9% '( +$-+#9m1M%19*9 (/ ,(k#'9% :-$/'9% '(:#'9 $ -$ '#%0#/"+#M/ '( -$ (;+*(+#M/ '( 1M%19*97 B9 3$N (V#'(/+#$ '( p"( -$ *(%,*#++#M/ '( 1M%19*9 $1(+,( -$ 4*98*(%#M/ '(- '$r9 *(/$- (/ (,$4$% ,(04*$/$%7 J$ #/8(%,#M/ 0i;#0$ '( 1M%19*9 (/ -$ '#(,$ (/ (%,( 8*"49 '( 4$+#(/,(% %( *(+90#(/'$ '( \7a $ >7\ 85'.$7
QA=EFHID ?I H@ID!F J9% 1$+,9*(% '( *#(%89 '( %"%+(4,#:#-#'$' 4$*$ (- '(%$**9--9 '( '$r9 *(/$- %9/2 o I'$' ‚Y\ $r9% o A/,(+('(/,( 1$0#-#$* '( IH= o D./'*90( 0(,$:M-#+9 o !*"49 U,/#+9 f$1*9$0(*#+$/9%c 3#%4$/9%g o H('"++#M/ '( 0$%$ *(/$- o ^$k9 /#V(%9+#9(+9/M0#+9 N ('"+$,#V97 D( 3$/ +9/%#'(*$'9 +909
J$ (V$-"$+#M/ +-./#+$ *",#/$*#$ '( -9% 4$+#(/,(% +9/ *#(%89 4$*$ IH= '(:( #/+-"#* o <('#+#M/ '( -$ ,(/%#M/ $*,(*#$-c o <('#+#M/ '( -$ =*D N (%,#0$+#M/ '( -$ EQ!c o IV$-"$* -$ 4*(%(/+#$ '( 0$*+$'9*(% '( '$r9 *(/$- f$-:"0#/"*#$m4*9,(#/"*#$gc o A/i-#%#% '(- %('#0(/,9 "*#/$*#97 f$/(;9 T7Oc +"$'*9 Lg7 I/ -$ 49:-$+#M/ +9/ $-,9 *#(%89 4$*$ IH= (% #049*,$/,( -$ '(,(++#M/ N 09'#1#+$+#M/ '( ,9'9% -9% 1$+,9*(% '( *#(%89 +"$/'9 %($ 49%#:-(7 J9% 1$+,9*(% '( *#(%89 $%9+#$'9% $ 4*98*(%#M/ '( -$ (/1(*0('$' *(/$- 4"('(/ %(*2 o B9 09'#1#+$:-(% =909 -$ ('$'c *$S$c '#$:(,(% 0(--#,"%c RADc +$*$+,(*.%,#+$% 8(/U,#+$%c :$k9 4(%9 $- /$+(*c '#%0#/"+#M/ '(- /X0(*9 '( /(1*9/$% f+9/8U/#,$ 9 $'p"#*#'$g7 o <9'#1#+$:-(% =909 -$ $+,#V#'$' 4(*%#%,(/,( '( -$ +$"%$ 9*#8#/$-c 0$- +9/,*9- '( -$ ,(/%#M/ $*,(*#$- 9 8-"+(0#$c 4*9,(#/"*#$c 9:%,*"++#M/c *(1-"k9 9 #/1(++#M/ '(- ,*$+,9 "*#/$*#9c "%9 '( A@BI% " 9,*$% /(1*9,9;#/$%c $/(0#$c 3#4(*-#4#'(0#$c ,$:$p"#%09 N 9:(%#'$'7 >Z\
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0J9% 4$+#(/,(% N -9% 0U'#+9% '(:(/ %(* $'V(*,#'9% $+(*+$ '( V#'$7 I/ (- (%,$'#9 P %( '(:(*i (/V#$* $- /(1*M-989 4$*$ #/#+#$* -9% 1$+,9*(% '( *#(%89 p"( 4"('(/ %(* 09'#1#+$:-(%c N 49* +"#'$'9% 4*('#i-#%#%c ( #/#+#$* -$ 4*(4$*$+#M/ 4$*$ -$ ,(*$4#$ '( ,$/,9c %9/ "/$ 949*,"/#'$' '( ,*$,$0#(/,9 N 4*(V(/+#M/7 *((04-$S9 *(/$-7 I/ (- (%,$'#9 T %( '(:(*i #/#+#$* -$ ,(*$4#$ '( E$0:#U/ %( '(:( #/19*0$* $+(*+$ '( -$ +9(;#%,(/+#$ '( *((04-$S9 *(/$-7 1$+,9*(% +90"/(% 4$*$ (- '(%$**9--9 '( (/1(*0('$' +$*'#$+$ K/$ V(S #'(/,#1#+$'9% -9% 4$+#(/,(% +9/ $-,9 *#(%89 4$*$ N *(/$- f+909 -$ RADc 4*9,(#/"*#$c $/(0#$c $-,(*$+#9/(% '(%$**9--$* IH=c (% /(+(%$*#9 p"( ,9'9% (--9% %($/ (V$-"$'9% 0(,$:M-#+$% N '#%-#4#'(0#$g p"( 4"('(/ +9/,*#:"#* $ -$ '( 0$/(*$ %#%,(0i,#+$ +9/ 0$/#9:*$% $'(+"$'$% N 1i+#-(% '( 4*98*(%#M/ '( $0:$% (/1(*0('$'(%7 J$ 4*(V(/+#M/ '( -$% $4-#+$*7 I%,$% 0$/#9:*$% #/+-"N(/2 0('#+#M/ '( -$ ,(/%#M/ +904-#+$+#9/(% '( -$ IH= 4"('( %(* 49%#:-( +9/ -$ (V$-"$+#M/ $*,(*#$-c 0('#+#M/ '( -$ =*D 4$*$ (%,#0$* -$ EQ!c 0('#+#M/ '( #/'#V#'"$- '( -9% 1$+,9*(% '( *#(%89c 49* -9 p"( -$ '(,(++#M/ -$ (;+*(+#M/ "*#/$*#$ '( $-:X0#/$m4*9,(./$c N (;$0(/ '(,(04*$/$ N -$ *('"++#M/ '( -9% 0#%09% 4"('(/ 4*(V(/#*c %('#0(/,9 "*#/$*#97 )$*$ 0('#* -$ ,(/%#M/ $*,(*#$- '(:(*i *(,$*'$* N '#%0#/"#* -$ 4*98*(%#M/ '( -$ (/1(*0('$' *(/$-7 ",#-#S$*%( (- 0U,9'9 $"%+"-,$,9*#9 +9/ "/ #/%,*"0(/,9 +$-#:*$'9 N $'(+"$'97 I- 4$+#(/,( '(:( (%,$* %(/,$'9 N p"#(,9 +"$/'9 0(/9% T 0#/",9%c +9/ -9% 4#(% (/ (- %"(-9 N (- :*$S9 $ -$ $-,"*$ '(- +9*$SM/7 ?(:(*i "%$*%( "/ :*$S$-(,( +9/ ,$0$r9 ?@A!BCDE@=F G =JAD@Q@=A=@CB $'(+"$'9 fp"( %9:*(4$%( $- 0(/9% (/ a\q (- :*$S9g7 J$ J$ IH= %( '(1#/( +909 -$ '#%0#/"+#M/ '( -$ 1"/+#M/ *(/$,(/%#M/ $*,(*#$- %#%,M-#+$ (% (- 4"/,9 (/ (- p"( %( (%+"+3$ ((;4*(%$'$ 49* "/$ EQ! zY\ 0-50#/5>7ZO0Lc 4*#0(*9 '( L 9 0i% %9/#'9% f1$%( >gc N -$ '#$%,M-#+$ (% (- 4"/,9 #/'(4(/'#(/,(0(/,( '( -$ 4*(%(/+#$ '( 0$*+$'9*(% '( '$r9 ,*$% (- p"( '(%$4$*(+( (- %9/#'9 f1$%( Tg7 I% #/'#%4(/%$:-( -$ *(/$-c 9 :#(/c +909 -$ 4*(%(/+#$ '( '$r9 *(/$-c #/'(4(/'#(/,( 0('#+#M/ N +9/,*9- '( -$ ,(/%#M/ $*,(*#$-c 4"(%,9 p"( -$ '( -$ EQ!w (/ +"$-p"#(* +$%9c (%,$% $-,(*$+#9/(% '(:(/ %(* 3#4(*,(/%#M/ (% "/9 '( -9% 1$+,9*(% '( *#(%89 0i% 4(*%#%,(/,(% v O 0(%(%7 J9% 0$*+$'9*(% '( '$r9 *(/$#049*,$/,(% 4$*$ (- #/#+#9 N -$ 4*98*(%#M/ '(- '$r9 *(/$-7 4"('(/ %(*2 o 3#%,94$,9-M8#+9% o :#9p".0#+9%2 #/+-"N(/'9 )"(%,9 p"( (% 0"N 1*(+"(/,( p"( -$ 49:-$+#M/ 0(;#+$/$ $/9*0$-#'$'(% '( -$ %$/8*( " 9*#/$ o (%,"'#9% '( #0$8(/ o 4*(%(/,( RAD N /9 %( 3$N$ 3(+39 %" '#$8/M%,#+9c (% #04(*#9%$ :#94%#$ *(/$-7 -$ /(+(%#'$' '( 0('#* -$ ,(/%#M/ $*,(*#$- (/ +"$-p"#(* +9/%"-,$ '( 4*#0(* /#V(- '( $,(/+#M/ 0U'#+$7 J$% ,U+/#+$% "%"$-(% 4$*$ J$ +-$%#1#+$+#M/ '( -$ IH= %( *($-#S$ +9/%#'(*$/'9 -$ 4*(%(/+#$ 0('#* -$ =*D %9:*(%,#0$/ %" V$-9* *($- '(:#'9 $ -$ 4*(%(/+#$ '( '$r9 *(/$- 9 "/$ EQ! $-,(*$'$c #/'(4(/'#(/,(0(/,( '( -$ '( +*90M8(/9% '#1(*(/,(% '( -$ +*($,#/#/$7 )"(%,9 p"( -$ +$"%$ p"( '#9 9*#8(/ $ -$ (/1(*0('$' *(/$-7 I- (%,$'#9 > %( +$-#:*$+#M/ '( -$% 4*"(:$% 4$*$ 0('#* =*D /9 (%,i '(1#/( +909 "/$ EQ! /9*0$- fv [\ 0J50#/5>7ZO0Lg 4(*9 +9/ (%,$/'$*#S$'$ (/,*( -$:9*$,9*#9%c -9% *(%"-,$'9% 4"('(/ -$ 4*(%(/+#$ '( '$r9 *(/$- f$-:"0#/"*#$ ‚O\ 0858 " 9,*$ V$*#$* (/,*( (--9% fN $X/ '(/,*9 '( "/ 0#%09 -$:9*$,9*#9g7 $/9*0$-#'$' *(/$-g7 I- (%,$'#9 L %( '(1#/( +909 "/$ EQ! A'(0i%c (;#%,( "/$ V$*#$+#M/ #/,*$m#/'#V#'"9 (/ -$ 0('#+#M/ -(V(0(/,( '#%0#/"#'$ fY\ma[ 0J50#/5>7ZO0Lg k"/,9 +9/ -$ '( -$ =*D p"( 4"('( $1(+,$* (- +i-+"-9 '( -$ EQ!7 B9 '(:( 4*(%(/+#$ '( '$r9 *(/$-7 J9% (%,$'#9% > N L %9/ -9% (V$-"$*%( -$ 1"/+#M/ *(/$- +9/ (- (04-(9 $#%-$'9 '( -$ =*Dc N$ +9/%#'(*$'9% +909 /(1*94$,.$ ,(04*$/$7 ?(- (%,$'#9 O $- T p"( U%,$ /9 ,#(/( %"1#+#(/,( %(/%#:#-#'$' 4$*$ #'(/,#1#+$* /9 (% /(+(%$*#9 p"( (%,U/ 4*(%(/,(% 0$*+$'9*(% '( '$r9 4$+#(/,(% +9/ IH= (/ (%,$'#9% ,(04*$/9%7 J$ =*D 4"('( *(/$-c %#/9 p"( %M-9 (% /(+(%$*#9 +9/%#'(*$* (- 8*$'9 '( 4(*0$/(+(* (/ *$/89% /9*0$-(% $X/ +"$/'9 -$ 1"/+#M/ *(/$'#%0#/"+#M/ '( -$ EQ! f$/(;9 T7Oc +"$'*9 Og7 I- 4-$/ '( $++#M/ (%,U '#%0#/"#'$ %#8/#1#+$,#V$0(/,(7 4$*$ (- (%,$'#9 > %( '(:( (/19+$* $- '#$8/M%,#+9 N ,*$,$0#(/,9 '( -$ 09*:#-#'$' $%9+#$'$c $4-#+$* #/,(*V(/+#9/(% 4$*$ )$*$ %"4(*$* -$% -#0#,$+#9/(% '( -$ =*D %( '(:( +"$/'9 0(/9% *(,$*'$* -$ 4*98*(%#M/ '( '$r9 *(/$- N *('"++#M/ '( 1$+,9*(% (%,#0$* -$ EQ! 0('#$/,( 1M*0"-$%7 K/$ '( -$% 1M*0"-$% 0i% '( *#(%89 4$*$ I=]7 I- 4-$/ '( $++#M/ 4$*$ (- (%,$'#9 L %( "%$'$% N *(+90(/'$'$% (% -$ '(- (%,"'#9 <9'#1#+$,#9/ 91 ?#(, (/19+$ (/ (%,#0$* -$ 4*98*(%#M/ '( IH= 0('#$/,( -$ 0('#+#M/ #/ H(/$- ?#%($%( f7ZO0L7 F,*$ '( -$% *('"S+$/ -9% 1$+,9*(% '( *#(%897 I- 4-$/ '( $++#M/ 4$*$ (1M*0"-$% 1*(+"(/,(0(/,( ",#-#S$'$% (% -$ '( =9+|*91,m!$"-,7 (%,$'#9 O %( (/19+$ (/ -$ (V$-"$+#M/ N ,*$,$0#(/,9 '( J$ %(/%#:#-#'$' '( -$ 1M*0"-$ Z>
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0[\qg fA/(;9 T7Oc +"$'*9 Pg7 I/ $-8"/9% +$%9% (% J$ (;+*(+#M/ $/9*0$- '( 4*9,(./$% (/ -$ 9*#/$ '(4(/'( '(*(+90(/'$:-( (V$-"$* -$ EQ! 0('#$/,( *(+9-(++#9/(% '( ,#49 '( (/1(*0('$'7 J$% 8-9:"-#/$% '( :$k9 4(%9 09-(+"-$* 9*#/$ '( LP 39*$% f/9 %9-$0(/,( +$-+"-$*-$g2 o @/%"1#+#(/+#$ %9/ +$*$+,(*.%,#+$% '( $-8"/$% (/1(*0('$'(% ,X:"-9m *(/$- $8"'$ o ?(%/",*#+#M/ " 9:(%#'$' %(V(*$% o )$,9-98.$ #/,(*%,#+#$-(%c 0#(/,*$% p"( -$ $-:"0#/"*#$ (% +9/%#'(*$'$ "/ 0"%+"-$* o R(4$,94$,.$ 8*$V( o A04",$+#9/(% '( 0$*+$'9* 0"N %(/%#:-( '( IH= (/ '#$:(,(% 0(--#,"%c (;,*(0#'$'(% o ?#(,$% (%4(+#$-(% V(8(,$*#$/$% 9 *#+$% (/ (/1(*0('$' 8-90(*"-$* ( RAD7 J$ 4*(%(/+#$ '( 4*9,(#/"*#$ 9 +*($,#/$ o Qi*0$+9% p"( :-9p"($/ -$ %(+*(+#M/ '( +*($,#/#/$ $-:"0#/"*#$ 4(*%#%,(/,( (/ -$ 9*#/$ (% (V#'(/+#$ '( '$r9 f+#0(,#'#/$c ,*#0(,*94#/g o I0:$*$S9 o )$*$4-(k#$ N *(/$-7 +"$'*#4-(k#$7 J$ 0('#+#M/ '( -$ EQ! '(:( *($-#S$*%( $/"$-0(/,( $ ,9'9% -9% 4$+#(/,(% +9/ $-,9 *#(%89 '( IH=7 )$*$ (%,$:-(+(* (- '#$8/M%,#+9 '( EQ! '#%0#/"#'$ %( '(:( +9/,$* +9/ +"$/'9 0(/9% L *(%"-,$'9% (/ "/ 4(*#9'9 ‚ O 0(%(%7 K/$ AJ^K<@BKH@Am)HFEI@BKH@A V(S p"( %( 3$ '#$8/9%,#+$'9 IH= (/ $-8X/ 4$+#(/,(c -$ J$% 4*"(:$% '#$8/M%,#+$% $+,"$-(% 4"('(/ '(,(+,$* *i4#'$ N 1*(+"(/+#$ '( '(,(*0#/$+#M/ '( EQ! '(4(/'(*i '( -$ +9/1#$:-(0(/,( -$ 4*(%(/+#$ '( (%,$ $-,(*$+#M/c N %9/ "/$ %#,"$+#M/ +-./#+$ (%4(+.1#+$7 4$*,( (%(/+#$- (/ %" '#$8/M%,#+9 N 0$/(k97 )*9,(#/"*#$ %( J9% 0$*+$'9*(% '( '$r9 *(/$- #/+-"N(/ -$ 4*9,(#/"*#$ fV(* '(1#/( +909 -$ +9/+(/,*$+#M/ "*#/$*#$ vO\\ 085'.$v fvL\\ P7O7O A-:"0#/"*#$m )*9,(#/"*#$g N $/9*0$-#'$'(% (/ (0858 '( *(-$+#M/ 4*9,(./$5+*($,#/#/$g7 D( *(1#(*( $ -$ %('#0(/,9 "*#/$*#9c (%,"'#9% '( #0$8(/ 9 3#%,94$,9-M8#+9%7 I(;+*(+#M/ "*#/$*#$ '( +"$-p"#(* ,#49 '( 4*9,(./$% f#/+-"N(/'9 $/i-#%#% '( -$ 9*#/$ 0('#$/,( %('#0(/,9 "*#/$*#9 9 ,#*$% $-:X0#/$c #/0"/98-9:"-#/$% '( :$k9 4(%9 09-(+"-$* 9 *($+,#V$% f4$*$ #'(/,#1#+$* -("+9+#,9% 9 (*#,*9+#,9%g '(:( 4*9,(./$% ,":"-$*(%g7 A-:"0#/"*#$ %( *(1#(*( (%4(+.1#+$0(/,( *($-#S$*%( (/ ,9'9% -9% %"k(,9% +9/ IH= 9 +9/ *#(%89 '( $ -$ (;+*(+#M/ "*#/$*#$ '( $-:X0#/$7 <#+*9$-:"0#/"*#$ '(%$**9--$*-$7 J$ 4*(%(/+#$ '( (-(0(/,9% 19*0(% f+U-"-$%c f0#+*9A-:Kg %( '(1#/( +909 -$ (;+*(+#M/ '( $-:X0#/$ (/ +#-#/'*9%c +*#%,$-(%g (/ +$/,#'$'(% %#8/#1#+$,#V$% (/ (9*#/$ (/,*( O\mO\\ 085'.$ fL\mL\\ 0850#/ 9 O\mO\\ 0858 '( %('#0(/,9 "*#/$*#9 4"('( #/'#+$* (/1(*0('$' 8-90(*"-$*c -$ *(-$+#M/ $-:X0#/$5+*($,#/#/$g7 =9/%(+"(/,(0(/,(c -$ #/,(*%,#+#$- 9 V$%+"-$* *(/$- $8"'$ 9 +*M/#+$ N *(p"#(*( 0$N9* 0$+*9$-:"0#/"*#$ f0$+*9A-:Kg (% -$ +9/+(/,*$+#M/ '( (V$-"$+#M/7 D( '(:(/ *($-#S$* (%,"'#9% '( #0$8(/ (/ $-:X0#/$ (/ 9*#/$ vO\\ 085'.$ fvL\\ 0850#/ 9 vO\\ 0858 4$+#(/,(% +9/ IH= 9 (/ %"k(,9% %(-(++#9/$'9% +9/ *#(%89 '( '( *(-$+#M/ $-:X0#/$5+*($,#/#/$g7 '(%$**9--$*-$7 J9% *(%"-,$'9% $/9*0$-(% (/ -9% (%,"'#9% '( A"/p"( %( 3$/ %"8(*#'9 V$-9*(% '( $-:"0#/"*#$ '#1(*(/,(% #0$8(/ 4"('(/ '(:(*%( $ (/1(*0('$' *(/$- #/,*./%(+$ 9 $ (/,*( 8U/(*9%c (/ 8(/(*$- %( *(+90#(/'$ ",#-#S$* -9% V$-9*(% (/1(*0('$' "*9-M8#+$7 I%,9% (%,"'#9% %9/ (%4(+#$-0(/,( 1#k9% $**#:$ %(r$-$'9% +9/ (- 1#/ '( 1$+#-#,$* (- $/i-#%#% ( X,#-(% (/ 4$+#(/,(% +9/ IH= 9 %"k(,9% +9/ $-,9 *#(%89 '( #/,(*4*(,$+#M/ '( '$,9%7 J$ $-:"0#/"*#$m4*9,(#/"*#$ (% "/9 '( '(%$**9--$*-$ p"( ,(/8$/ +909 4*9:$:-( +$"%$ 9:%,*"++#M/ 9 -9% 4*#/+#4$-(% 1$+,9*(% '( *#(%89 #/'(4(/'#(/,(% p"( #/1(++#9/(% '(- ,*$+,9 "*#/$*#9c *(1-"k9 V(%#+9"*(,(*$- 9 4*('#+(/ -$ 4*98*(%#M/ '(- '$r9 *(/$-7 I/ 4$+#(/,(% +9/ IH= (/1(*0('$' *(/$- 49-#p".%,#+$7 %( 3$ '(09%,*$'9 "/$ +-$*$ $%9+#$+#M/ (/,*( -$ *('"++#M/ '( A"/p"( (;#%,(/ /"(V9% 0$*+$'9*(% '( '$r9 *(/$- p"( -$ 4*(%#M/ %$/8"./($ N -$ *('"++#M/ (/ -$ $-:"0#/"*#$7 ="$/'9 4*90(,(/ %(* X,#-(% (/ (- 1","*9c (/ (- 4*(%(/,( /9 %( -$ 4*9,(#/"*#$ +9(;#%,( +9/ -$ '#%0#/"+#M/ '( 1"/+#M/ *(/$- 9 *(+90#(/'$ %" "%9 4$*$ -$ ,90$ '( '(+#%#9/(%7 ="$/'9 %($ +9/ 3#4(*,(/%#M/c -9% 4$+#(/,(% ,#(/(/ 0$N9* *#(%89 '( 49%#:-(c %( *(+90#(/'$ *($-#S$* (- $/i-#%#% '(- %('#0(/,9 4*98*(%#M/ '( -$ IH= 3$+#$ -$ (,$4$ ,(*0#/$-7 "*#/$*#9 N /9 %M-9 (- $/i-#%#% '( -$ 9*#/$ +9/ ,#*$ *($+,#V$7 I% D( $+(4,$ $04-#$0(/,( p"( -$ 0#+*9A-:K (% (- 4*#0(* %#8/9 /"(%,*$ 94#/#M/ p"( (- $/i-#%#% N 0$/(k9 +9/ 0$N9* '( '$r9 *(/$- N $4$*(+( $/,(% p"( 9,*9% +$0:#9% 0('#:-(% '( 4*91"/'#'$' '( -$% $-,(*$+#9/(% '(- %('#0(/,9 "*#/$*#9c N '( -$ 1"/+#M/ '( (%( M*8$/9 (/ %"k(,9% +9/ $-,9 *#(%89 4$*$ -9% 3$--$S89% $/9*0$-(% (/ -9% (%,"'#9% '( #0$8(/ '(:(/ '(%$**9--$* IH= f+909 -9% '#$:U,#+9%g7 E$0:#U/ %( 3$ +9/,$* +9/ (- $49N9 '(- (%4(+#$-#%,$ (/ B(1*9-98.$ 9 <('#+#/$ '(09%,*$'9 p"( (/ 9,*$% (/1(*0('$'(% /9 '#$:U,#+$%c +909 @/,(*/$7 J$ (V$-"$+#M/ %#%,(0i,#+$ '( 4$+#(/,(% +9/ IH= ,#(/( -$ 3#4(*,(/%#M/ $*,(*#$- N -$% 8-90(*"-94$,.$%c -$ 0#+*9A-:K 0X-,#4-(% :(/(1#+#9%2 o Q$+#-#,$ -$ '(+#%#M/ 949*,"/$ '(4"('( %(* (- 0$*+$'9* 0i% ,(04*$/9 '( (/1(*0('$' *(/$-7 ,*$,$0#(/,97 o A-(*,$ %9:*( -$% $++#9/(% /(8$,#V$% '( J$ 0#+*9A-:K %( +9**(-$+#9/$ (%,*(+3$0(/,( +9/ -$ 4$,*9/(% '( (%,#-9 '( V#'$ N '#(,$ #/$4*94#$'9%c $%. +909 '(4*9,(#/"*#$ f%9:*( ,9'9 +9/ +9/+(/,*$+#9/(% (-(V$'$% '( "%9 '( /(1*9,9;#/$%7 o Q$+#-#,$ -$ 4*909+#M/ '( -$ ('"+$+#M/ 4*9,(./$% (/ -$ 9*#/$g7 A'(0i%c (;#%,( "/$ 1"(*,( (V#'(/+#$ (/ '(- 4$+#(/,( (/ 0('#'$% '( $",9+"#'$'97 >ZL
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0(%,"'#9% (4#'(0#9-M8#+9% p"( -#8$/ -$ 0#+*9A-:K +9/ -$ $%9+#$'$%c N %# (- +$%9 -9 *(p"#(*(c '(*#V$*-9 $- (%4(+#$-#%,$7 I09*,$-#'$' +$*'#9V$%+"-$* N -$ 4*98*(%#M/ '( -$ IH= (/ %(8"#0#(/,9 '( (%,9% 4$+#(/,(% '(:(*i 3$+(*%( 49:-$+#M/ +9/ '#$:(,(%c N +9/ 09*,$-#'$' +$*'#9V$%+"-$* N /9 '(,(*0#/$/'9 $-:"0#/"*#$ 0('#$/,( 0U,9'9% +"$/,#,$,#V9%7 +$*'#9V$%+"-$* (/ 4$+#(/,(% %#/ '#$:(,(%7 J9 4*#0(*9 (/ -$ J$ *(+9-(++#M/ '( 9*#/$ '( LP 39*$% %( 3$ +9/%#'(*$'9 49* (V$-"$+#M/ '(- 4*9:-(0$ $-:"0#/"*#$m4*9,(#/"*#$ (% 0"+39% $r9% (- (%,i/'$* '( 9*9 4$*$ -$ 0('#+#M/ '( #'(/,#1#+$* %# (- #/'#V#'"9 $ (V$-"$* ,#(/( 1$+,9*(% '( *#(%89 9 4*9,(#/"*#$7 I;#%,( V$*#$:#-#'$' #/'#V#'"$- '(:#'9 $ '#V(*%$% /97 D# (- #/'#V#'"9 4*9V#(/( '( -$ 49:-$+#M/ 8(/(*$- N (%,i +9/'#+#9/(% +909 (- (%,$'9 '( 3#'*$,$+#M/c "%9 '( '#"*U,#+9%c %#(/'9 *(V#%$'9 (/ %#,"$+#M/ '( ,$0#S$k( f4"('( /9 ,(/(* N '#"*(%#% 9%0M,#+$c (/,*( 9,*$%7 )9* -9 ,$/,9c -9% *(%"-,$'9% 1$+,9*(% '( *#(%89 *(+9/9+#'9%gc %( *(+90#(/'$ $/$-#S$* -$ 9:,(/#'9% 49* (%,( 0U,9'9 '(:(/ $k"%,$*%( $ -$% 4*9,(#/"*#$ ,9,$-c 0#(/,*$% p"( %# $- #/'#V#'"9 N$ %( -( 3$/ +9/+(/,*$+#9/(% "*#/$*#$% '( +*($,#/#/$ f-$% --$0$'$% #'(/,#1#+$'9 1$+,9*(% '( *#(%89 9 %( -( (/+"(/,*$ $-8"/$ *(-$+#9/(% 4*9,(#/"*#$5+*($,#/"*#$ 9 $-:"0#/"*#$5+*($,#/"*#$g7 $/9*0$-#'$' 4(*%#%,(/,(c %( *(+90#(/'$ (V$-"$* D( 3$ '(09%,*$'9 p"( -$% 0"(%,*$% $#%-$'$% '( 9*#/$ (%4(+.1#+$0(/,( -$ (;+*(+#M/ "*#/$*#$ '( $-:X0#/$7 4*('#+(/ $'(+"$'$0(/,( -$ (;+*(+#M/ "*#/$*#$ '( 4*9,(./$% f%#(04*( N +"$/'9 %( $k"%,(/ 49* +*($,#/"*#$g '( LP 39*$%7 I/ -$ 49:-$+#M/ 8(/(*$- %#/ 1$+,9*(% '( *#(%89 %( 4"('( *($-#S$* #/#+#$-0(/,( "/ "*#$/i-#%#% +9/ ,#*$ *($+,#V$7 D# ()9* -9 ,$/,9c 4"(%,9 p"( -$% 0"(%,*$% $#%-$'$% %9/ 0i% *(%"-,$'9 (% 49%#,#V9 f>~ 9 0$N9*gc %( '(:(*i (%,$:-(+(* %# (% +9/V(/#(/,(% N +M09'$% 4$*$ -9% 4$+#(/,(%c 39N (/ '.$ %" "%9 4(*%#%,(/,(c 0('#$/,( $/i-#%#% (/ 0"(%,*$% $'#+#9/$-(% f$%( *(+90#(/'$ $04-#$0(/,( (/ -$ (V$-"$+#M/ +"$/,#,$,#V$ '( 0(/9% L *(%"-,$'9% 49%#,#V9% '( O 0"(%,*$% $/$-#S$'$%g p"( -$ 4*9,(#/"*#$m$-:"0#/"*#$7 %( *(4#,$/ (/ >mL %(0$/$% '(%4"U%c '(/,*9 '( -9% %#8"#(/,(% O J$% ,#*$% *($+,#V$% f4$*$ $-:"0#/"*#$ 9 4*9,(#/"*#$g 4"('(/ 0(%(%7 ?(%4"U% '(- 4*#0(* *(%"-,$'9 49%#,#V9 4$*$ ",#-#S$*%( %# %9/ -$ X/#+$ 94+#M/ '#%49/#:-(7 I/ +"$/,9 $ -$ 4*9,(#/"*#$ +9/ "/ 0U,9'9 %(0#+"$/,#,$,#V9 f,#*$ *($+,#V$g %( *(+9-(++#M/ '( 0"(%,*$% 4$*$ (V$-"$* $-:"0#/"*#$m '(:(*i +9/1#*0$* +9/ $-8X/ 0U,9'9 +"$/,#,$,#V97 D# +9/ -$ 4*9,(#/"*#$c %( *(+90#(/'$ -$ 4*#0(*$ 0#++#M/ 0$,",#/$c 4(*9 (V$-"$+#M/ +"$/,#,$,#V$ %( '(%+$*,$ (- '#$8/M%,#+9 '( 4"('(/ "%$*%( 9,*$% 0"(%,*$% $- $S$* %# /9 (% 49%#:-( 4*9,(#/"*#$c (/,9/+(% %( 49'*i V9-V(* $ (V$-"$* $- %"k(,9 +9/%(8"#* -$ '( -$ 4*#0(*$ 0#++#M/7 I% #04(*$,#V9 (/ +"$-p"#(* '"*$/,( "/$ /"(V$ (/,*(V#%,$ (/ > $r97 D# %( (%,$:-(+( (+$%9 '( '(,(*0#/$+#M/ '( $-:"0#/"*#$54*9,(#/"*#$c (;+-"#* '#$8/M%,#+9 '( 4*9,(#/"*#$c (/,9/+(% %( '(:( 3$+(* "/$ $/,(% -$% 49%#:-(% +$"%$% ,*$/%#,9*#$% f47 (k7 0(/%,*"$+#M/c (V$-"$+#M/ 0i% $ 19/'9 p"( #/+-"N$ -$ '(,(*0#/$+#M/ '( 1#(:*(c #/1(++#M/ "*#/$*#$c (k(*+#+#9 #/,(/%9c (0:$*$S9c 8-"+9%$ (/ $N"/9c "*($ 9 /#,*M8(/9 '( -$ "*($ (/ %$/8*( 4*9,(#/"*#$ 49%,"*$- 9 '(%3#'*$,$+#M/g7 )$*$ '(,(+,$* ( f^KBgc =*D N (-(+,*9-#,9% %U*#+9%c #'($-0(/,( $/,(% '( #'(/,#1#+$* -$ (;+*(+#M/ "*#/$*#$ '( 4*9,(./$% (% 4*(1(*#:-( '(*#V$*-9 $- (%4(+#$-#%,$ f%# (% (- +$%9g7 I- %(8"#0#(/,9 '( (%,9% *($-#S$* -$ 0('#+#M/ '( $-:"0#/"*#$ 49* %(* 0i% %(/%#:-( p"( 4$+#(/,(% '(:(*i 3$+(*%( '(,(*0#/$/'9 4*9,(#/"*#$ -$ 0('#+#M/ '( 4*9,(#/"*#$ ,9,$- f%9:*( ,9'9 $ :$k$% 0('#$/,( 0U,9'9% +"$/,#,$,#V9%7 +9/+(/,*$+#9/(% '( 4*9,(./$% (/ -$ 9*#/$g7 J9 $/,(*#9* (% 4$*,#+"-$*0(/,( +#(*,9 (/ (- +$%9 '( 4$+#(/,(% '#$:U,#+9% )$*$ I/ -9% %"k(,9% (/ -9% p"( %( 3$/ #'(/,#1#+$'9 1$+,9*(% '( *#(%89 4$*$ IH=c %( *(+90#(/'$ (V$-"$* $-:"0#/"*#$ +9/ ,#*$% (%,$:-(+(* (- '#$8/M%,#+9 '( $-:"0#/"*#$4*9,(#/"*#$ %( *($+,#V$% (%4(+.1#+$%c 4"(%,9 p"( -$% ,#*$% *($+,#V$% 4$*$ (*(p"#(*( -$ +9**9:9*$+#M/ '( +"$/'9 0(/9% L *(%"-,$'9% "*#$/i-#%#% '( *",#/$ /9 %9/ %(/%#:-(% 4$*$ 0#+*9A-:Kc N %M-9 -$ 49%#,#V9%c 4*(1(*(/,(0(/,( *($-#S$'9% +9/ 0U,9'9% '(,(+,$/ +"$/'9 %"% +9/+(/,*$+#9/(% %9/ vO\ 085'J tp"( +"$/,#,$,#V9%7 *(4*(%(/,$/ V$-9*(% '( 0$+*9A-:K fŠO\\ 085Jgu7 B9 3$N J$ 0('#+#M/ '( 4*9,(#/"*#$ 0('#$/,( *(-$+#9/(% (V#'(/+#$ '( %"4(*#9*#'$' '( $-8"/$% ,#*$% *($+,#V$% 1*(/,( $ $-:"0#/"*#$5+*($,#/"*#$ 9 4*9,(#/"*#$5+*($,#/"*#$ %9/ 9,*$%7 D# "/ *(%"-,$'9 (% 49%#,#V9 4$*$ 0#+*9A-:K %( ,#(/(/ 4*(1(*#:-(% N$ p"( +9**#8(/ #/(;$+,#,"'(% ( #/+9/V(/#(/+#$% p"( (V$-"$* 0"(%,*$% $'#+#9/$-(% '(/,*9 '( -9% %#8"#(/,(% O '( 9,*9% 0U,9'9% N *(+9-(++#9/(% '( 9*#/$7 ?$'9 (- $-,9 0(%(%7 ?(%4"U% '(- 4*#0(* *(%"-,$'9 49%#,#V9 '( $-:"0#/"*#$c *#(%89 '( 4*98*(%#M/ '( -$ IH= +9/ -$ 4*(%(/+#$ '( %( '(:( +9/1#*0$* (- '#$8/M%,#+9 0('#$/,( (- (04-(9 '( 4*9,(#/"*#$c %( *(+90#(/'$ (- %(8"#0#(/,9 +$'$ O M P 0(%(% $-8X/ 0U,9'9 +"$/,#,$,#V97 D# (- *(%"-,$'9 +9/ ,#*$ *($+,#V$ +9/ 0('#+#9/(% +"$/,#,$,#V$% *(4(,#'$% '( 4$*$ -$ 0('#+#M/ '( $-:X0#/$ (/ 9*#/$ (% /(8$,#V9c (/,9/+(% $-:"0#/"*#$5+*($,#/"*#$ 9 4*9,(#/"*#$5+*($,#/"*#$ %(8X/ (%( *(+90#(/'$ *($-#S$* (V$-"$+#9/(% $/"$-(% '"*$/,( -$% +$%97 D# %( 3$ (%,$:-(+#'9 (- '#$8/M%,#+9 '( $-:"0#/"*#$ N U%,$ %#8"#(/,(% V#%#,$% 0U'#+$%7 D# (- *(%"-,$'9 (% 49%#,#V9c (% 0$N9* '( T\\ 085'.$ fO\\mT\\ 0858gc 4"('( ",#-#S$*%( -$ (/,9/+(% %( '(:( 3$+(* "/$ (V$-"$+#M/ 0i% 4*91"/'$c #/#+#$* '(,(*0#/$+#M/ '( 4*9,(#/"*#$ ,9,$- 4$*$ V#8#-$* -$ (V9-"+#M/ N ,*$,$0#(/,9 $8*(%#V9 4$*$ $-:"0#/"*#$ N +9/'#+#9/(% >ZO
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0*(%4"(%,$ $- ,*$,$0#(/,9 (/ -$% V#%#,$% %":%(+"(/,(%7 I/(1*9,M;#+$c N 09/#,9*U(-$ '(%4"U% '( #/#+#$* 9 #/+*(0(/,$* -$ 9:k(,#V9 ,(*$4U",#+9 $ -98*$* (% -$ *('"++#M/ '( +"$/'9 '9%#%c N $- 0(/9% "/$ V(S $- $r9 +"$/'9 -$ 4*(%+*#4+#M/ %($ 0(/9% P\mT\q '( -$ 4*9,(#/"*#$7 +*M/#+$7 IV#,( (- "%9 '( '*98$% " 9,*$% %":%,$/+#$% 49,(/+#$-0(/,( /(1*9,M;#+$% (/ %"k(,9% +9/ IH=c $ 0(/9% p"( (%,U/ +-$*$0(/,( #/'#+$'$%7 =9/ -$% ,(*$4#$% /(1*94*9,(+,9*$% '#%49/#:-(% $+,"$-0(/,( (% 49%#:-( (EHAEA<@IBEF *(,*$%9 '( -$ 4*98*(%#M/ '(- '$r9 *(/$- 3$%,$ -$% (,$4$% 1#/$-(% '( -$ IH= f@H=Eg (/ 0"+39% 4$+#(/,(%7 I/ -9% $4$*,$'9% '( (%,#-9 '( V#'$c ,*$,$0#(/,9 N +909*:#-#'$' %( BIQHF)HFEI==@CB $:9*'$/ +9/ 0$N9* '(,$--( -$% '(0i% 0('#'$% '( /(1*94*9,(++#M/7 I- +9/+(4,9 '( /(1*94*9,(++#M/ '(:( %(* (/,(/'#'9 +909 "/$ (%,*$,(8#$ 0X-,#4-( p"( #/+-"N( (- 0$/(k9 '( 0('#'$% J$% 0('#'$% '( /(1*94*9,(++#M/ %9/ 0i% (1(+,#V$% +"$/'9 1$*0$+9-M8#+$% N /9 1$*0$+9-M8#+$% p"( ,#(/(/ +909 9:k(,#V9 %9/ $4-#+$'$% -9 0i% ,(04*$/9 49%#:-( (/ (- +"*%9 '( -$ #/,(**"04#*c *(,$*'$* 9 *(V(*,#* -$ 4*98*(%#M/ '(- '$r9 *(/$(/1(*0('$' *(/$-7 )9* -9 ,$/,9c "/$ V(S p"( %( 3$/ (/ -$ IH=c ,$-(% +909 (- "%9 '( $/,#3#4(*,(/%#V9%c +9/,*9- '( (%,$:-(+#'9 -$% #/,(*V(/+#9/(% $ %(8"#* (/ +$'$ 4$+#(/,( '( -$ 8-"+9%$ (/ '#$:U,#+9%c 3#49-#4(0#$/,(%c *(%,*#++#M/ '( -$ %$0$/(*$ #/'#V#'"$- f'( $+"(*'9 $- (%,$'#9 '( IH=gc (% (%(/+#$N 4*9,(./$% (/ -$ '#(,$c (-#0#/$+#M/ '(- ,$:$p"#%09 N (- 09/#,9*(9 1*(+"(/,( '( -$ ,(/%#M/ $*,(*#$-c 4*9,(#/"*#$ N /(1*9,M;#+9% N +9/,*9- '( 4(%9c (/,*( 9,*$% f$/(;9 T7Oc +"$'*9 EQ!c 4$*$ +9/9+(* %# -$ ,(*$4#$ #/%,#,"#'$ 3$ $-+$/S$'9 -9% Tg7 9:k(,#V9% 4-$/($'9%7 I% 49+9 4*9:$:-( p"( "/$ %9-$ #/,(*V(/+#M/ $#%-$'$ 4*(V(/8$ -$ 4*98*(%#M/ '( -$ (/1(*0('$' J$% 0('#'$% /9 1$*0$+9-M8#+$% %9/ ,$/ #049*,$/,(% +909 -$% *(/$-c 49* -9 p"( %( *(+90#(/'$ #04-(0(/,$* #/,(*V(/+#9/(% 1$*0$+9-M8#+$% 4$*$ -98*$* -$% 0(,$% '( /(1*94*9,(++#M/ N 0X-,#4-(%7 '(:(/ #04-(0(/,$*%( $- 0#%09 ,#(0497 I/ -$ 49:-$+#M/ 8(/(*$-c -$ $%4#*#/$ f" 9,*$ ,(*$4#$ $/,#4-$p"(,$*#$g *('"+( LTq (- *#(%89 '( (V(/,9% +$*'#9V$%+"-$*(%c N (%,i #/'#+$'$ (/ %"k(,9% p"( N$ 4*(%(/,$/ I=] 9 (/ $p"(--9% p"( ,#(/(/ "/ *#(%89 #/+*(0(/,$'9 '( '(%$**9--$*-$7 B9 3$N %"1#+#(/,( AJ^K<@BKH@Am)HFEI@BKH@A #/19*0$+#M/ '( :"(/$ +$-#'$' $+(*+$ '(- "%9 '( (%,$ ,(*$4#$ (/ 4$+#(/,(% +9/ IH=c 4$*,#+"-$*0(/,( (/ (%,$'#9% >mO7 I/
O\5aT 00R8c %#(/'9 -9 #'($- 0$/,(/(*-$ $%4#*#/$ $ '9%#% :$k$% f>\\ 085'.$g '(:( +9/%#'(*$*%( (/ (/ z>LT5ZT 00R87 J9% @I=A% N AHA% %( +9/%#'(*$/ -9% ,9'9% -9% 4$+#(/,(% +9/ IH= (%,$'#9% >mO +9/ *#(%89 1i*0$+9% '( 4*#0(*$ -./($ (/ (%,$% +9/'#+#9/(% 49*p"( +$*'#9V$%+"-$* $ >\ $r9% ‚L\qc 4(*9 %" :(/(1#+#9 '(:( 49%((/ 4*94#('$'(% /(1*94*9,(+,9*$% $'#+#9/$-(% $ -$% :$-$/+($*%( +9/,*$ (- *#(%89 '( 49,(/+#$-(% (V(/,9% $'V(*%9%7 $/,#3#4(*,(/%#V$% N *(%"-,$/ 0i% (1(+,#V9% p"( 9,*9% J9% 0('#+$0(/,9% 4"('(/ +$"%$* 3$%,$ (- L\q '( -9% +$%9% 0('#+$0(/,9%7 I%,$% '*98$% '#%0#/"N(/ -$ 3#4(*,(/%#M/ '( #/%"1#+#(/+#$ *(/$- $8"'$ (/ -$ +90"/#'$' N '( #/8*(%9% #/,*$8-90(*"-$*c 0(k9*$/ -$ %(/%#:#-#'$' $ -$ #/%"-#/$ N %9/ 39%4#,$-$*#9%7
ZP
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0f(%4(+#$-0(/,( (/ (%,$'#9% PmTg7 I- +9/%(k9 /",*#+#9/$- (% )"('( #/#+#$*%( +9/ +"$-p"#(*$ '( -9% '9%c $"/p"( $-8"/9% $",9*(% %"8#(*(/ #/#+#$* +9/ @I=A%7 ="$/'9 %( "%( @I=A% 9 %"8(*#'9 (/ (%,$% (,$4$%7 AHA%c %( '(:(*i #/+*(0(/,$* 49+9 $ 49+9 3$%,$ -98*$* -$ '9%#% ,(*$4U",#+$ 0i;#0$ ,9-(*$'$ $/,(% '( $8*(8$* 9,*9 1i*0$+9 '( %(8"/'$ -./($c N +3(+$* -$ =*D N (- 49,$%#9 %U*#+9% =F
P\ V$-9*$*%( 1*(/,( $ -$ 49%#:#-#'$' '( (V(/,9% $'V(*%9% +909 -$ 00R8 9 "/$ ,(/%#M/ $*,(*#$- '#$%,M-#+$ ‚[\ 00R87 J$ 3#4(*|$-(0#$c %9:*( ,9'9 (/ %"k(,9% '#$:U,#+9%7 4*(%(/+#$ '( RAD (% "/9 '( -9% 4*#/+#4$-(% 1$+,9*(% '( *#(%89 +$*'#9V$%+"-$* N '( 4*98*(%#M/ '( '$r9 $ M*8$/9% :-$/+9c I/ -9% +$%9% (/ -9% p"( /9 %( 4"('$ ",#-#S$* @I=A% 9 AHA% %( (%4(+#$-0(/,( (- *#rM/7 J9% 4$+#(/,(% +9/ IH= ,#(/(/ T $ T\\ 4"('(/ "%$* -9% :-9p"($'9*(% '( -9% +$/$-(% '( +$-+#9 /9 V(+(% 0i% *#(%89 '( I=] p"( -$ 49:-$+#M/ 8(/(*$-7 '#3#'*94#*#'#/$ fV(*$4$0#- 9 '#-,#$S(0g 9 '#3#'*94#*#'#/$ (/ 4*(4$*$+#9/(% '( -$*8$ '"*$+#M/ f$0-9'#4#/$ 9 /#1('#4#/$g7 I/ J9% 9:k(,#V9% '( -$ ,(*$4#$ $/,#3#4(*,(/%#V$ %9/2 o ?#%0#/"#* -$ -9% %"k(,9% p"( /9 4$'(+(/ RADc -9% @I=A% 9 AHA% 4"('(/ ,(/%#M/ $*,(*#$-7 o H(,$*'$* -$ 4*98*(%#M/ '(- '$r9 *(/$-7 o ",#-#S$*%( +9/ -$ 1#/$-#'$' '( $4*9V(+3$* %"% 4*94#('$'(% H('"+#* (- *#(%89 +$*'#9V$%+"-$*7 o I%,$:-(+(* "/ 4-$/ '( /(1*94*9,(+,9*$% ,(/#(/'9 (%4(+#$- +"#'$'9 '( (V#,$* $++#M/ '( $+"(*'9 $- (%,$'#9 '( -$ IH=7 J$ 0(,$ '( 4(*#9'9% '( 3#49,(/%#M/ $*,(*#$- " 9,*9% (1(+,9% #/'(%($:-(%7 ,*$,$0#(/,9 (/ 4$+#(/,(% +9/ IH=c +9/ 9 %#/ '#$:(,(% =9/,*9- (%,*#+,9 '( -$ 8-"+9%$ (/ 4$+#(/,(% '#$:U,#+9%7 I/ 0(--#,"%c (% -98*$* N 0$/,(/(* "/$ ,(/%#M/ $*,(*#$- z>O\5a\ %"k(,9% '#$:U,#+9%c (- +9/,*9- (%,*#+,9 '( 8-"+9%$ %( $%9+#$ +9/ 00R87 Q*(+"(/,(0(/,( %( *(p"#(*(/ '9% 9 0i% '*98$% 4*(V(/+#M/ '(- '(%$**9--9 '( 0#+*9A-:Kc $%. +909 -$ $/,#3#4(*,(/%#V$% 4$*$ $-+$/S$* -$ 0(,$ ,(*$4U",#+$7 I/ -9% 4*98*(%#M/ '( 0#+*9A-:K $ 0$+*9A-:K7 I- +9/,*9- (%,*#+,9 '( %"k(,9% +9/ IH= %( '(:(/ #04-(0(/,$* -$% 0('#'$% -$ 8-"+(0#$ (% #/'#%4(/%$:-( 4$*$ (V#,$* -$ 4*98*(%#M/ '(/(+(%$*#$% 4$*$ *('"+#* (- *#(%89 '( I=]c #/'(4(/'#(/,(0(/,( '$r9 *(/$- (/ -9% %"k(,9% '#$:U,#+9%7 )9* (/'(c (% '( -$ +$"%$ '( -$ (/1(*0('$' *(/$-7 *(+90(/'$:-( (- +9/,*9- 8-"+U0#+9 (%,*#+,9 +9/ 3(098-9:#/$ J$ ,(*$4#$ $/,#3#4(*,(/%#V$ #/+-"N( 0('#'$% 1$*0$+9-M8#+$% N 8-"+9%#-$'$ A>= fR:A>=g Z7\q7 f](* P7P7O7O )$4(- '( -$ /9 1$*0$+9-M8#+$%c N $0:$% '(:(/ #/#+#$*%( %#0"-,i/($0(/,( 3#4(*8-"+(0#$ (/ (- '(%$**9--9 N 4*98*(%#M/ '( IH= g7 J$ $'94+#M/ '( 3i:#,9% '( (%,#-9 '( V#'$ %$-"'$:-( #/+*(0(/,$ -$ (1#+$+#$ '(- ,*$,$0#(/,9 $/,#3#4(*,(/%#V9 f$/(;9 T7Oc HIDEH@==@CB ?I DAJ IB JA ?@IEA +"$'*9 Zg7 E9'9% -9% $8(/,(% $/,#3#4(*,(/%#V9% 4"('(/ %(* "%$'9% 4$*$ -98*$* -$% 0(,$% '( ,(/%#M/ $*,(*#$-c 4(*9 $-8"/9% J$ #/8(%,#M/ (-(V$'$ '( %$- (/ -$ '#(,$ 4"('( $/"-$* (- (1(+,9 4$+#(/,(% 4"('(/ :(/(1#+#$*%( +9/ $-8"/$% +-$%(% '( $8(/,(% $/,#3#4(*,(/%#V9 '( -$ 0$N9*.$ '( -$% '*98$% N (- (1(+,9 (%4(+.1#+9% I/ 4$+#(/,(% p"( /9 -98*(/ -$% 0(,$% '( ,(/%#M/ $/,#4*9,(#/X*#+9 '( -9% @I=A%7 J$ *(%,*#++#M/ '( %$- (% $*,(*#$-c (% *(+90(/'$:-( $-+$/S$* -$% '9%#% 0i;#0$% 4$*,#+"-$*0(/,( #049*,$/,( (/ 4$+#(/,(% +9/ 3#4(*,(/%#M/ ,9-(*$'$% f%#/ (1(+,9% #/'(%($:-(%g $/,(% '( $'#+#9/$* 9,*$% $*,(*#$- N 4*9,(#/"*#$7 H(%,*#++#M/ '( 4*9,(./$% (/ -$ '#(,$7 J$ '*98$%7 I- *U8#0(/ $/,#3#4(*,(/%#V9 '(:( %(* %#04-#1#+$'9 -9 *(%,*#++#M/ 09'(*$'$ f\7a 85|8 '( 4(%9g '( 4*9,(./$% 4"('( 0i% 49%#:-( 4$*$ 1$+#-#,$* %" "%97 D( *(+90#(/'$ ,(/(* %(* X,#- (/ 4$+#(/,(% 4*9,(#/X*#+9% (/ (%,$'#9% >mO '( IH= (%4(+#$- +"#'$'9 N 09/#,9*#S$+#M/ 1*(+"(/,( (/ -9% 4$+#(/,(% 4$*$ $N"'$* $ *('"+#* -$ 4*9,(#/"*#$c N $"/p"( -$ (V#'(/+#$ /9 p"( 4*(%(/,(/ ,(/%#M/ $*,(*#$- %#%,M-#+$ z>>\ 00R8 '(:#'9 $(% +904-(,$0(/,( +-$*$ (/ 3"0$/9%c 4*9:$:-(0(/,( $N"'( $ 49%#:-( *#(%89 '( 3#494(*1"%#M/ *(/$-7 *('"+#* -$ 4*98*(%#M/ '( -$ (/1(*0('$' *(/$-7 J$ *(%,*#++#M/ 09'(*$'$ '( 4*9,(./$% (/ -9% (%,$'#9% >mO '( -$ IH=c $"/p"( +9/,*9V(*%#$-c 4"('( *(+90(/'$*%( $ -9% 4$+#(/,(% 4$*$ 49%#:-(0(/,( '#%0#/"#* -$ 4*98*(%#M/ '( -$ (/1(*0('$' *(/$-7 B9 9:%,$/,(c -$ '(+#%#M/ '(:( ,90$*%( (/ :$%(% #/'#V#'"$-(%c N %( '(:( ,(/(* (%4(+#$- +"#'$'9 (/ (- 09/#,9*(9 '(- (%,$'9 /",*#+#9/$- +"$/'9 %( 3$8$ "/$ 0$N9* *(%,*#++#M/
D( 3$ '(09%,*$'9 p"( -9% @I=A% N AHA% ,#(/(/ (1(+,9% 0i% 1$V9*$:-(% %9:*( -$ 4*98*(%#M/ '( -$ (/1(*0('$' *(/$- (/ 4$+#(/,(% '#$:U,#+9% N /9 '#$:U,#+9% p"( 9,*9% 1i*0$+9% $/,#3#4(*,(/%#V9%7 I- "%9 '( (%,9% 0('#+$0(/,9% *('"+( %#8/#1#+$,#V$0(/,( (- *#(%89 '( 0"(*,( +$*'#9V$%+"-$* (/ 4$+#(/,(% +9/ 1$+,9*(% '( *#(%89 +909 '#$:(,(% 0(--#,"%c 3#4(*,(/%#M/ $*,(*#$-c +$*'#94$,.$ #%p"U0#+$ 9 (/1(*0('$' >ZT
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0V$%+"-$* +(*(:*$-7 =9/ (- "%9 '( @I=A% 9 AHA% %( $+(4,$ "/ 4$+#(/,(% ,*$,$'9% +9/ '#"*U,#+9% %( '(:( 09/#,9*#S$*2 o #/+*(0(/,9 -#0#,$'9 f3$%,$ '( OTqg (/ -$ =*D 9 "/$ ?(4-(+#M/ '( V9-"0(/ o R#49|$-(0#$ N 9,*9% ,*$%,9*/9% '#%0#/"+#M/ '( EQ! f'( /9 0i% '( O\qgc N U%,9 /9 (% *$SM/ (-(+,*9-.,#+9%7 J$ 1*(+"(/+#$ '(- 09/#,9*(9 '(4(/'(*i '( -9% 4$*$ %"%4(/'(*-9% $ 0(/9% p"( %( '(%$**9--( 3#4(*|$-(0#$7 V$-9*(% :$%$-(% '( ,(/%#M/ $*,(*#$-c EQ! N 49,$%#9 %U*#+97 D( 3$ J9% @I=A% N AHA% 49'*.$/ %(* "%$'9% (/ +90:#/$+#M/ 4$*$ '(09%,*$'9 p"( -9% :-9p"($'9*(% '( +$/$-(% '( +$-+#9 /9 '#%0#/"#* -$ ,(/%#M/ $*,(*#$- 9 *('"+#* -$ 4*9,(#/"*#$ (/ -$ '#3#'*94#*#'#/$ f+909 '#-,#$S(0 N V(*$4$0#-9g ,#(/(/ (1(+,9 /(1*94$,.$ '#$:U,#+$ N /9 '#$:U,#+$c %#(04*( N +"$/'9 /9 %( $/,#4*9,(#/X*#+9 N $/,#3#4(*,(/%#V9c %9:*( ,9'9 +90:#/$'9% '(%$**9--(/ (V(/,9% $'V(*%9%7 I/ 4$+#(/,(% 3#4(*,(/%9% +9/ +9/ @I=A% 9 AHA%7 IH= '( +$"%$ /9 '#$:U,#+$ %#/ 4*9,(#/"*#$m$-:"0#/"*#$ %( D( 4"('( *(+90(/'$* (- "%9 '( :-9p"($'9*(% '( +$/$-(% '( 4"('( "%$* +"$-p"#(* 1i*0$+9 $/,#3#4(*,(/%#V9 4$*$ $-+$/S$* +$-+#9 /9 '#3#'*94#*#'#/$ +"$/'9 /9 4"('$/ %(* "%$'9% -9% -$ 0(,$ '( ,*$,$0#(/,97 @I=A% 9 AHA%c 9 :#(/ (/ +90:#/$+#M/ +9/ (%,9% X-,#09% +"$/'9 /9 %( 9:,(/8$/ *(%"-,$'9% %$,#%1$+,9*#9% (/ (- +9/,*9J9% 4$+#(/,(% +9/ IH=c ,$/,9 '( +$"%$ '#$:U,#+$ +909 /9 '#$:U,#+$c p"( ,(/8$/ 4*9,(#/"*#$m$-:"0#/"*#$c '(:(/ %(* '( -$ 4*9,(#/"*#$ fvT\\m>\\\ 085'.$g 9 3#4(*,(/%#M/7 D( 3$ ,*$,$'9% +9/ @I=A% 9 AHA%c #/'(4(/'#(/,(0(/,( '( %" '(09%,*$'9 p"( -9% :-9p"($'9*(% '( +$/$-(% '( +$-+#9 ,(/%#M/ $*,(*#$-7 ="$/'9 %( #/#+#( (- :-9p"(9 '(- %#%,(0$ '#3#'*94#*#'#/$ f+909 $0-9'#4#/9 N /#1('#4#/$g %9/ 0(/9% *(/#/$$/8#9,(/%#/$ +9/ @I=A% 9 AHA%c %( *(+90#(/'$ #/#+#$* (1(+,#V9% 4$*$ '#%0#/"#* -$ 4*98*(%#M/ '( -$ (/1(*0('$' *(/$+9/ "/ @I=Ac N %M-9 +$0:#$* $ "/ AHA %# %( 4*(%(/,$ '#$:U,#+$ N /9 '#$:U,#+$7 #/,9-(*$/+#$ $- 4*#0(*97 J9% 4$+#(/,(% ,*$,$'9% +9/ @I=A% 9 AHA% '(:(/ 09/#,9*#S$*%( (/ :"%+$ '( 3#49,(/%#M/c '#%0#/"+#M/ '( -$ EQ! 9 3#4(*|$-(0#$7 J$ 1*(+"(/+#$ '( 09/#,9*#S$+#M/ '( (%,9% (V(/,9% '(4(/'(*i '( %"% /#V(-(% ?@DJ@)@?I<@A :$%$-(%7 I/ -$ 0$N9*.$ '( -9% +$%9%c -9% @I=A% 9 AHA% 4"('(/ J$ 4*(V$-(/+#$ '( I=] (/ (%,$'#9% ,(04*$/9% '( -$ IH= (% %(* +9/,#/"$'9% %#2 o J$ '#%0#/"+#M/ '( -$ EQ! (% zO\q '((/,*( >amL\qc 0#(/,*$% p"( (/ 4$+#(/,(% +9/ @H=E --(8$ 3$%,$ V$-9* :$%$- (/ "/ 4(*#9'9 '( P 0(%(%c 9 o I- 49,$%#9 %U*#+9 (% P\mZTq7 I/ 4$+#(/,(% +9/ IH=c (- *#(%89 '( 0"(*,( 4*(0$,"*$ T7T 0Ip5J7 J9% @I=$% N AHA% /9 '(:(/ "%$*%(c 9 "%$*%( +9/ 49* I=] (% 3$%,$ >\\ V(+(% 0$N9* p"( (- '( '(%$**9--$* @H=E7 4*(+$"+#M/c (/ +#(*,$% +#*+"/%,$/+#$% f $/(;9 T7Oc +"$'*9 ag7 I- (%4(+,*9 '( -$ '#%-#4#'(0#$ (/ IH= (% '#1(*(/,( $- '( -$ I/ 4$+#(/,(% +9/ IH= N I=]c 9,*9% 0('#+$0(/,9% $'(0i% '( 49:-$+#M/ 8(/(*$- N V$*.$ '(4(/'#(/'9 '(- (%,$'#9 '( IH=c $%. -9% @I=A%5AHA% %9/ 4*(1(*#'9% (/ %#,"$+#9/(% (%4(+.1#+$%w 49* +909 '( -$ 4*(%(/+#$ '( '#$:(,(% N59 %./'*90( /(1*M,#+97 (k(04-9c -9% :(,$:-9p"($'9*(% %9/ 0i% X,#-(% +"$/'9 -9% IV#'(/,(0(/,(c ,$0:#U/ 4"('(/ +9(;#%,#* 9,*$% +$"%$% 4$+#(/,(% 4*(%(/,$/ $/8#/$ (%,$:-( 9 ,$p"#+$*'#$ %(+"/'$*#$% '( '#%-#4#'(0#$ f49* (k(04-9 3#49,#*9#'#%09c %"4*$V(/,*#+"-$*7 $-+939-#%09c 3(4$,94$,.$%c 0('#+$0(/,9%g +9/ -$ IH=7 J$% J9% '#"*U,#+9% %9/ X,#-(% (/ (- 0$/(k9 '( -$ 0$N9*.$ '( $/90$-.$% '( -9% -.4#'9% 4"('(/ (%,$* 4*(%(/,(% '(%'( -$% 4$+#(/,(% +9/ IH=c N$ p"( *('"+(/ (- V9-"0(/ (;,*$+(-"-$*c 1$%(% #/#+#$-(% '( -$ IH=c 4(*9 %9/c (/ 8(/(*$-c 0i% '#%0#/"N(/ -$ ,(/%#M/ $*,(*#$-c 49,(/+#$/ (- (1(+,9 '( @I=A%c 1*(+"(/,(0(/,( '(,(+,$'$% +"$/'9 -$ EQ! (% zT\ 0J50#/7 AHA% N 9,*9% $/,#3#4(*,(/%#V9%c N *('"+(/ (- *#(%89 '( I=]7 J$ J$% $-,(*$+#9/(% 0i% +90"/(% '( -$ '#%-#4#'(0#$ "*U0#+$ (-(++#M/ '(- ,#49 '( '#"*U,#+9 '(4(/'( '(- /#V(- '( -$ EQ! N -$ (%,i/ +$*$+,(*#S$'$% 49* /#V(-(% $-,9% '( -#494*9,(./$% '( /(+(%#'$' '( *('"++#M/ '(- V9-"0(/ (;,*$+(-"-$*7 J9% 0"N :$k$ '(/%#'$'c ,*#8-#+U*#'9% fE!gc -#494*9,(./$f$g N '#"*U,#+9% ,#$S.'#+9% 4"('(/ "%$*%( (/ 4$+#(/,(% +9/ EQ! vO\ -#494*9,(./$% '( :$k$ '(/%#'$' fJ?Jgc N 49* /#V(-(% :$k9% '( 0-50#/5>7ZO0L f(%,$'#9% >mO '( IH=g7 J9% '#"*U,#+9% '( $%$ -#494*9,(./$% '( $-,$ '(/%#'$' fR?Jg7 J$ '#%-#4#'(0#$ (%,i 8(/(*$-0(/,( %( *(+90#(/'$/ (/ 4$+#(/,(% +9/ EQ! zO\ $%9+#$'$ $ 0$N9* '(,(*#9*9 '( -$ 1"/+#M/ *(/$- N 4*98*(%#M/ 0-50#/5>7ZO0L f(%,$'#9% PmT '( IH=g7 J9% '#"*U,#+9% '( $%$ 3$+#$ -$ 1$--$ *(/$- ,(*0#/$-7 J$ 1#-,*$+#M/ '( -.4#'9% +9/'#+#9/$ (/ +90:#/$+#M/ +9/ -$% ,#$S#'$% 4"('(/ %(* "%$'9% 4$*$ +$0:#9% (/ -$ 4(*0($:#-#'$' '( -$ 0(0:*$/$ 8-90(*"-$*c ( 4$+#(/,(% +9/ (;4$/%#M/ '(- V9-"0(/ (;,*$+(-"-$* N ('(0$7 #/'"+( 9 $+(-(*$ 4*9+(%9% 4*9-#1(*$,#V9% N (%+-(*M,#+9% (/ (J9% '#"*U,#+9% $39**$'9*(% '( 49,$%#9 f$-8"/9% '$,9% 0(%$/8#9 8-90(*"-$*7 *(+#(/,(% %"8#(*(/ 0$N9* ",#-#'$' +"$/'9 %( "%$/ (/ +90:#/$+#M/ +9/ @I=A% 9 AHA% (/ %"k(,9% +9/ 4*9,(#/"*#$g J$ IH= '(:( %(* +9/%#'(*$'$ +909 "/ 1$+,9* '( *#(%89 '(:(/ %(* "%$'9% +9/ 4*(+$"+#M/ (/ 4$+#(/,(%2 o =9/ EQ! +$*'#9V$%+"-$* (p"#V$-(/,( $ -$ (/1(*0('$' +9*9/$*#$c ,$/,9 zO\ 0-50#/5>7ZO0Lc o =9/ ,(*$4#$ +9/+90#,$/,( +9/ @I=A% 9 (/ 4$+#(/,(% '#$:U,#+9% +909 /9 '#$:U,#+9%7 J9 $/,(*#9* AHA%7 o =9/ *#(%89% $'#+#9/$-(% '( 3#4(*|$-(0#$7 A -9% >ZY
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0#04-#+$ p"( (/ %"k(,9% +9/ IH= %( '(:( :"%+$* "/ +9/,*9$/,#m#/1-$0$,9*#9 p"( 49'*.$ %(* :(/U1#+9 (/ (%,9% 4$+#(/,(%7 (%,*#+,9 '( 9,*9% 1$+,9*(% '( *#(%89 f+909 -$ '#%-#4#'(0#$g7 J$ H(%"-,$'9% '( (%,"'#9% +-./#+9% N (V#'(/+#$% (;4(*#0(/,$-(% +-$%#1#+$+#M/ '( -$% $-,(*$+#9/(% '( -9% /#V(-(% '( -.4#'9% %9:*( (- *(,$*'9 '( -$ 4*98*(%#M/ *(/$- +9/ (- "%9 '( (%,$,#/$% 4*94"(%,$% 49* (- A'"-, E*($,0(/, )$/(- @@@ fAE) @@@g 4"('(/ %9/ +9/,*9V(*%#$-(%7 I- *#(%89 '( 0#94$,.$ +9/ (- "%9 '( %(* $4-#+$'$% $ -9% 4$+#(/,(% +9/ IH=7 ?$'9 (- $-,9 *#(%89 (%,$,#/$% %( #/+*(0(/,$ (/ -$ 4*(%(/+#$ '( IH=c ('$' +$*'#9V$%+"-$* '( -9% 4$+#(/,(% +9/ IH=c (% 9:-#8$'9 ,*$,$* N $V$/S$'$ N (04-(9 '( $-8"/9% 0('#+$0(/,9% f47 (k7 1#:*$,9%c +9/,*9-$* -$ '#%-#4#'(0#$c #/'(4(/'#(/,(0(/,( '(- (%,$'#9 '( i+#'9 /#+9,./#+9c +#+-9%49*#/$c $/,#1X/8#+9%c $/,#:#M,#+9% '$r9 *(/$-7 0$+*M-#'9%c #/3#:#'9*(% '( 4*9,($%$%c $/,$89/#%,$% '(- +$-+#9 /9 '#3#'*94#*#'#/$ N $0#9'$*9/$g7 I/ -9% 4$+#(/,(% +9/ IH= %( *(+90#(/'$ -$ 0('#+#M/ '(- 4(*1#'( -.4#'9% +9/ >\ 39*$% '( $N"/9 $- 090(/,9 '(- '#$8/M%,#+9 A-8"/$% 8".$% *(+90#(/'$/ (- "%9 '( (%,$,#/$% (/ 4$+#(/,(% '( -$ (/1(*0('$' *(/$-c $ -9% O N Y 0(%(%c N 49%,(*#9*0(/,( +9/ IH= (%,$'#9% >mO +9/ "/ *#(%89 +$*'#9V$%+"-$* 4*('#+39 +$'$ $r97 I%,( 4(*1#- '( -.4#'9% #/+-"N( -$ '(,(*0#/$+#M/ '( ‚L\q $ >\ $r9%c #/'(4(/'#(/,(0(/,( '( -9% V$-9*(% :$%$-(% +9-(%,(*9- ,9,$-c J?Jc R?J N E!7 D# (- +$%9 -9 *(p"#(*(c ,$0:#U/ '( -.4#'9%c 4$*,#+"-$*0(/,( (/ '#$:U,#+9% N %"k(,9% +9/ %( '(:(*i (V$-"$* -$ 4*(%(/+#$ '( +$"%$% %(+"/'$*#$% '( (/1(*0('$' $,(*9%+-(*9%$ (%,$:-(+#'$7 D( *(+90#(/'$ p"( -$ '#%-#4#'(0#$ '( $+"(*'9 $ -9% *(%"-,$'9% '( -$ 3#%,9*#$ +-./#+$c '9%#% '( (%,$,#/$% f$ (;+(4+#M/ '( $,9*V$%,$,#/$ N (;$0(/ 1.%#+9 N 4*"(:$% '( -$:9*$,9*#97 J$ 0(,$ '(4*$V$%,$,#/$g %($/ *('"+#'$% $-*('('9* '( T\q (/ 4$+#(/,(% ,*$,$0#(/,9 (/ 4$+#(/,(% +9/ IH= (% $-+$/S$* "/ /#V(- '( +9/ IH= (,$4$% P M T fEQ! zO\ 0J50#/5>7ZO 0Lg7 +9-(%,(*9- ,9,$- z>ZT 085'Jc J?J z>\\ 085'Jc R?J vP\ 085'J I/ -9% 4$+#(/,(% p"( 4(*%#%,(/ +9/ /#V(-(% '( J?J ‚>\\ 085'J N E! z>T\ 085'J7 J$ *('"++#M/ '( -9% /#V(-(% '( J?J '(:( %(* $ 4(%$* '( "/ (%,#-9 '( V#'$ %$-"'$:-( N '9%#% M4,#0$% '( +9/%#'(*$'9 (- 9:k(,#V9 4*#0$*#9w %#/ (0:$*89c (/ #/'#V#'"9% (%,$,#/$%c %( 4"('( +9/%#'(*$* $8*(8$* "/ %(+"(%,*$'9* '( +9/ E! 0"N $-,9% f‚T\\ 085'Jgc (- 9:k(,#V9 4*#0$*#9 (% i+#'9% :#-#$*(% %# -9% E! %9/ zP\\ 085'J7 B9 9:%,$/,(c 3$N *('"+#* (%,9% X-,#09% -.4#'9% 4$*$ '#%0#/"#* (- *#(%89 '( 49+9% (%,"'#9% $+(*+$ '( -$ %(8"*#'$' N (1#+$+#$ '( -9% 4$/+*($,#,#%7 %(+"(%,*$'9*(% '( i+#'9% :#-#$*(% (/ 4$+#(/,(% +9/ IH=7 J9% E9'9% -9% 4$+#(/,(% +9/ IH= N '#%-#4#'(0#$ '(:(/ *(+#:#* %(+"(%,*$'9*(% '( i+#'9% :#-#$*(% (%,i/ +9/,*$#/'#+$'9% (/ +9/%(k(*.$ 4$*$ 0(k9*$* %" (%,#-9 '( V#'$ +9/k"/,$0(/,( +9/ 4$+#(/,(% +9/ E! %U*#+9% ‚P\\ 085'J7 I/ -$ 49:-$+#M/ 8(/(*$-c (- 0$/(k9 1$*0$+9-M8#+9 D# /9 %( ,*$,$ '( 4$+#(/,(% '( $-,9 (- i+#'9 /#+9,./#+9 *('"+( -9% /#V(-(% '( J?J TmLTq N '( E! *#(%89 4$*$ (/1(*0('$' +$*'#9V$%+"-$* N 4*98*(%#M/ '( -$ L\m T\qc N $"0(/,$ (- R?J >TmOTq7 I/ 4$+#(/,(% +9/ IH= /9 (/1(*0('$' *(/$-c 49'*.$ #/,(/,$*%( "/ 4(*#9'9 '( ,*(% 3$N (%,"'#9% %9:*( (- "%9 '( -$ ,(*$4#$ +90:#/$'$ +9/ i+#'9 0(%(% +9/ 09'#1#+$+#M/ '( 3i:#,9% /(8$,#V9% '( (%,#-9 '( V#'$ /#+9,./#+9 N $-8"/$ (%,$,#/$7 $/,(% '( #/#+#$* ,(*$4#$ +9/ 0('#+$0(/,9%7 J9% 3i:#,9% I/ 49:-$+#M/ 8(/(*$-c -9% 1#:*$,9% '#%0#/"N(/ -9% E! L\mT\q N 49%#,#V9% '(- (%,#-9 '( V#'$ #/+-"N(/2 '#(,$ :$k$ (/ 8*$%$%c (- J?J TmL\qc N $"0(/,$/ (- +9-(%,(*9- R?J >\mOTq7 I/ *('"++#M/ '( 4(%9c #/+*(0(/,9 '( -$ $+,#V#'$' 1.%#+$c %"k(,9% +9/ IH= (%,$'#9% >mOc (- 8(01#:*9S#- 4"('( *('"+#* %"%4(/'(* #/8(%,$ '( $-+939- N ,*$,$0#(/,9 '( -$ %#8/#1#+$,#V$0(/,( -$ 1*(+"(/+#$ '( (V(/,9% +$*'#9V$%+"-$*(%7 3#4(*8-"+(0#$ %# (%,i 4*(%(/,(7 I/ 49:-$+#M/ 8(/(*$-c -$% J9% :(/(1#+#9% N %(8"*#'$' '( -9% 1#:*$,9% (/ 4(*%9/$% +9/ (%,$,#/$% *('"+(/ (- +9-(%,(*9- J?J (/,*( >amTTq N E! ZmO\qw (%,$'#9% 0i% $V$/S$'9% '( IH= *(p"#(*(/ '( 0$N9*(% $%#0#%09c $"0(/,$/ (- +9-(%,(*9- R?J (/,*( Tm >Tq7 I/ (%,"'#9%7 J9% 1#:*$,9% %( (;+*(,$/ 3$%,$ (/ "/ Z\q 49* (4$+#(/,(% (/ '#i-#%#% -$% (%,$,#/$% '#%0#/"N(/ (- +9-(%,(*9- '( *#rM/c 49* -9 p"( (/ 4*(%(/+#$ '( IH= $V$/S$'$ %( '(:( 19*0$ %#0#-$* p"( (/ -$ 49:-$+#M/ 8(/(*$- N 4$*(+(/ %(* $k"%,$* -$ '9%#% 9 /9 '(:(/ ",#-#S$*%( f(;+(4,9 (- 8(01#:*9S#-g7 %(8"*$%7 J9% 1#:*$,9% %9/ -9% 3#49-#4(0#$/,(% '( (-(++#M/ (/ -$ I/ $-8"/9% (%,"'#9% (/ 4$+#(/,(% +9/ IH=c -$% (%,$,#/$% (/1(*0('$' *(/$- +9/ 3#4(*,*#8-#+(*#'(0#$ 09'(*$'$m8*$V( *('"k(*9/ (- *#(%89 '( 09*,$-#'$' +$*'#9V$%+"-$* N '( ,9'$ $%9+#$'$ 9 /9 +9/ /#V(-(% :$k9% '( +9-(%,(*9- R?J7 B9 %( +$"%$c (V(/,9% +$*'#9V$%+"-$*(% /9 1$,$-(% N +9*9/$*#9% *(+90#(/'$ -$ $%9+#$+#M/ '( 1#:*$,9% +9/ (%,$,#/$% (/ 0$N9*(%7 B9 9:%,$/,(c -$ 0$N9*.$ '( (%,9% (%,"'#9% 3$/ %#'9 4$+#(/,(% +9/ IH= '(:#'9 $ p"( -9% 4*#0(*9% $"0(/,$/ -9% '( +9*,$ '"*$+#M/c N 49* -9 ,$/,9 %" (1(+,9 *($- %9:*( /#V(-(% %$/8"./(9% '( -$% %(8"/'$%c #/+*(0(/,$/'9 $%. (09*,$-#'$' 4(*0$/(+( $X/ %#/ %(* +904-(,$0(/,( +-$*97 J$% *#(%89 '( 0#94$,.$ N *$:'90#M-#%#%7 (%,$,#/$% *('"+(/ %#8/#1#+$,#V$0(/,( -$ 4*98*(%#M/ '(- '$r9 *(/$- N 4$*(+(/ '#%0#/"#* -$ (;+*(+#M/ "*#/$*#$ '( $-:X0#/$7 A'(0i%c %( 3$ %"8(*#'9 p"( -$% (%,$,#/$% 49%((/ "/ (1(+,9 >ZZ
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0(-#0#/$+#M/ 4*(1(*(/,(0(/,( 3(4i,#+$c /9 ,(/(* 0(,$:9-#,9% R@)IH!JK=I<@A $+,#V9% 9 p"( ,#(/(/ 0./#09 (1(+,9 3#498-"+U0#+97 J$ 0(,19*0#/$ (% "/$ :#8"$/#'$ '( :$k9 +9%,9c 8(/(*$-0(/,( J$ ?
N L '( IH= p"( ,(/8$/ 1"/+#M/ *(/$fR:A>= zZqg (/ ?
= Zqc N /9 (%,*#+,$0(/,( zZq +909 -9 4*949/( -$ (%,$:#-#'$' '( -$ 1"/+#M/ *(/$-7 A?Ac '(:#'9 $- 0$N9* *#(%89 '( 3#498-"+(0#$ (/ -$ 1$--$ *(/$-7 D#/ (0:$*89c (%,$ 0(,$ 4"('( /9 %(* 4*i+,#+$ 9 $4*94#$'$ (/ ?( -$% ,#$S9-#'#/('#9/$%c -$ *9%#8-#,$S9/$ N -$ 4#98-#,$S9/$ %9/ $-8"/9% 4$+#(/,(%c N (- $",909/#,9*(9 N k"#+#9 +-./#+9 (/ :$%( p"#Si -$% 0i% +9/9+#'$%7 A0:$% %( 0(,$:9-#S$/ +$%# 49* +904-(,9 (/ (- 3.8$'9c N /9 4$*(+( 3$:(* $+"0"-$+#M/ '( -$ $ -$ (V$-"$+#M/ *#(%89m:(/(1#+#9 4"('( %(* -$ 0(k9* 3(**$0#(/,$7 '*98$ 0$'*( 9 %"% 0(,$:9-#,9% (/ -$ #/%"1#+#(/+#$ *(/$-7 ?9% '( -9% (1(+,9% 0i% *(-(V$/,(% '( (%,9% 0('#+$0(/,9%c (/ (J$ (V$-"$+#M/ '(- +9/,*9- 8-"+U0#+9 (/ %"k(,9% +9/ '#$:(,(% N +$%9 '( -$ IH=c %9/ -$ *(,(/+#M/ '( -.p"#'9% N IH= '(:( %(8"#* -9% (%,i/'$*(% 4*94"(%,9% 4$*$ '#$:U,#+9% (/ +9/%(+"(/,(0(/,( (- (04(9*$0#(/,9 '( -$ #/%"1#+#(/+#$ 8(/(*$-7 I- $",909/#,9*(9 '(:(*.$ %(* -$ (V$-"$+#M/ :i%#+$ N +$*'.$+$7 J$% ,#$S9-#'#/('#9/$% /9 /(+(%#,$/ $k"%,( '( %" '9%#% *($-#S$*%( $- 0(/9% "/$ V(S $- '.$ 49* ,9'9% -9% '#$:U,#+9%7 I/ (/ -$ IH=w %#/ (0:$*89c (%,9% $8(/,(% '(:(/ %(* $p"(--9% p"( %( $4-#+$/ #/%"-#/$c '(:(*.$ *($-#S$*%( +"#'$'9%$0(/,( (04-($'9% (/ %"k(,9% +9/ '$r9 *(/$- '(:#'9 $",909/#,9*(9 P 9 0i% V(+(% $- '.$ f4*(4*$/'#$- N $$ -$ 4*9:$:#-#'$' '( (04(9*$* -$ *(,(/+#M/ '( -.p"#'9% N $+9%,$*%(g7 J$ 0(,$ '( -$% 8-"+(0#$% +$4#-$*(% %9/ [\m>O\ $8*$V$* -$ #/%"1#+#(/+#$ +$*'.$+$7 ?( -9% #/3#:#'9*(% '( -$ Žm 085'J $/,(% '( +90#'$% N z>a\ 085'J >mL 39*$% '(%4"U% '( 8-"+9%#'$%$c -$ $+$*:9%$ N -$ V98-#:9%$ (%(/+#$-0(/,( /9 %( +90#'$%7 J$ R:A>= '(:( %(* *($-#S$'$ L V(+(% $- $r9 (/ $:%9*:(/c 0#(/,*$% p"( $-*('('9* '(- T\q '(- 0#8-#,9- (% 4$+#(/,(% (%,$:-(% p"( 3$/ $-+$/S$'9 0(,$% '( ,*$,$0#(/,9c $:%9*:#'97 A"/p"( (%,$% '*98$% $+,X$/ (/ (- #/,(%,#/9c %" "%9 N 0i% 1*(+"(/,(0(/,( f+$'$ O 0(%(%g (/ $p"(--9% +"N$ (/ %"k(,9% +9/ IH= 8(/(*$-0(/,( /9 %( *(+90#(/'$ 39N (/ ,(*$4#$ 3$ +$0:#$'9 9 /9 3$/ $-+$/S$'9 -$% 0(,$% '.$7 J$ *(4$8-#/#'$ N -$ /$,(8-#/#'$ %9/ %(+*(,$8989% '( 4*94"(%,$%7 f$/(;9 T7Oc +"$'*9 [g D( *(+90#(/'$ "/ +9/,*9#/%"-#/$ '#1(*(/,(% $ -$% %"-19/#-"*($%c +9/ #/#+#9 N '"*$+#M/ '( (%,*#+,9 '( -$ 8-"+9%$ %U*#+$ 4$*$ (V#,$* -$ 4*98*(%#M/ '( -$ $++#M/ 0i% +9*,9% p"( -$% X-,#0$%7 J$ *(4$8-#/#'$ (% IH= N '( 9,*$% +904-#+$+#9/(% 0#+*9V$%+"-$*(% N 0(,$:9-#S$'$ (/ (- 3.8$'9c N 0(/9% '(- >\q (% (;+*(,$'$ 49* /("*94i,#+$%7 -$ 9*#/$7 J$ /$,(8-#/#'$ ,#(/( 0(,$:9-#%09 3(4i,#+9c 4(*9 $-*('('9* '(- a\q '( -$ '*98$ $4$*(+( (/ -$ 9*#/$c I/ 4$+#(/,(% +9/ IH= '#%0#/"N( (- $+-$*$0#(/,9 '( 4*#0$*#$0(/,( +909 0(,$:9-#,9% $+,#V9%7 D( *(+90#(/'$ %"-19/#-"*($% N %"% 0(,$:9-#,9% $+,#V9%c N %( /(+(%#,$ #/#+#$* %#(04*( +9/ '9%#% :$k$% '( (%,$% '*98$%c N (%+$-$*-$% '( '#%0#/"#* -$ '9%#% 4$*$ (V#,$* 3#498-"+(0#$7 J$% %"-19/#-"*($% $+"(*'9 $ -9% *(%"-,$'9%7 B9 (% /(+(%$*#9 $k"%,$* -$ '9%#% '( '( 4*#0(*$ 8(/(*$+#M/c +909 +-9*4*94*$0#'$c ,9-:",$0#'$ 9 *(4$8-#/#'$ (/ -$ IH=7 )"(%,9 p"( -$ $+"0"-$+#M/ '(,9-$S$0#'$c '(:(/ (V#,$*%( 49*p"( -$ V.$ '( (-#0#/$+#M/ '( 0(,$:9-#,9 $+,#V9 '( -$ /$,(8-#/#'$ 4"('( 9+"**#* +9/ "/$ EQ! 0"+3$% '( (--$% (% 4*#/+#4$-0(/,( *(/$-c N (/ 4$+#(/,(% +9/ '#%0#/"#'$ N 4"('( $%9+#$*%( +9/ 3#498-"+(0#$c %" "%9 (/ IH= #/+*(0(/,$/ %" V#'$ 0('#$ N (- *#(%89 '( 3#498-"+(0#$7 4$+#(/,(% +9/ IH= '(:( 3$+(*%( +9/ 4*(+$"+#M/7 J$% %"-19/#-"*($% '( %(8"/'$ 8(/(*$+#M/c +909 8-#4#S#'$ N 8-#+$S#'$c %9/ -9% $8(/,(% 4*(1(*#'9% 49* ,(/(* V.$ '( >Za
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0+"$/'9 %" 1"/+#M/ *(/$- $-+$/+( +#1*$% p"( 3$8$/ 4*(V#%#:-( (J$ #/%"-#/$ (;M8(/$0(/,( $'0#/#%,*$'$ (% 4*#/+#4$-0(/,( 0(,$:9-#S$'$ (/ (- *#rM/7 =9/19*0( -$ 1"/+#M/ *(/$#/#+#9 '( '#i-#%#% (/ "/ 1","*9 0('#$,9 9 ,(/8$/ -$% '#%0#/"N(c (- $+-$*$0#(/,9 N +$,$:9-#%09 '( -$ #/%"-#/$ +9/'#+#9/(% p"( %( 0(/+#9/$/ $'(-$/,(7 A-8"/9% 4$+#(/,(% ,$0:#U/ '#%0#/"N(/7 =9/%(+"(/,(0(/,(c -9% (1(+,9% /(+(%#,$/ %(* (/V#$'9% $- /(1*M-989 (/ (,$4$% 0"N ,(04*$/$% 0(,$:M-#+9% '( -$% 4*(4$*$+#9/(% '( #/%"-#/$ f,$/,9 '( +9*,$ '( -$ IH= N %" '(*#V$+#M/ /9 '(:( *(,$*'$*%(7 J$ *(1(*(/+#$ $+909 -$*8$ '"*$+#M/g 4(*%#%,(/ 49* 0i% ,#(049c N 49* ,$/,9c /(1*M-989 (% /(+(%$*#$ 4$*$ '#%0#/"#* -$% +904-#+$+#9/(% (- *#(%89 '( 3#498-"+(0#$ %( #/+*(0(/,$7 I- "%9 '( #/%"-#/$c $%9+#$'$% +9/ -$ 4*98*(%#M/ '( -$ IH=7 3"0$/$ 9 $/i-98$c %( *(+90#(/'$ (/ %"k(,9% '#$:U,#+9% +9/ J9% 9:k(,#V9% '( -$ *(1(*(/+#$ $- /(1*M-989 %9/2 o @'(/,#1#+$* -$ IH= (%,$'#9% OmT7 B9 9:%,$/,(c %( *(+90#(/'$ p"( -$ '9%#% '( (,#9-98.$ '( -$ (/1(*0('$' *(/$-7 o I%,$:-(+(* "/ 4-$/ '( #/%"-#/$ %( *('"S+$ (/ -9% (%,$'#9% 0i% $V$/S$'9%7 D( %"8#(*( 0$/(k9 4$*$ '#%0#/"#* -$ 4*98*(%#M/ '(- '$r9 *(/$- '( "/$ '#%0#/"+#M/ '(- LTq +"$/'9 -$ EQ! (% '( >\mT\ 0J50#/c $+"(*'9 $- (%,$'#9 '( -$ IH=7 o @'(/,#1#+$*c 4*(V(/#* N ,*$,$* N '( T\q +"$/'9 (% 0(/9* '( >\ 0J50#/7 IV#'(/,(0(/,(c (% -$% +904-#+$+#9/(% $%9+#$'$% $ -$ 4*98*(%#M/ '( -$ 0i% #049*,$/,( 09/#,9*#S$* '( +(*+$ -$ 8-"+(0#$ '( -9% (/1(*0('$' *(/$-7 o F,9*8$* N 1$+#-#,$* (- #/#+#9 '( ,(*$4#$ 4$+#(/,(% f(- $",909/#,9*(9 k"(8$ "/ 4$4(- +-$V(g +9/19*0( *(/$- %"%,#,",#V$7 @'($-0(/,( /9 '(:(*.$ 3$:(* '(09*$ (/ -$ '#%0#/"N$ -$ 1"/+#M/ *(/$-c N 3$+(* -9% $k"%,(% *(%4(+,#V9% (/ (%4(*$ '( "/ 4$+#(/,( 4$*$ -9 94#/#M/ '(- (%4(+#$-#%,$w %#/ (- *U8#0(/ '( #/%"-#/$ 4$*$ (V#,$* -$ 3#498-"+(0#$7 K/$ 8".$ (0:$*89c (/ -$ 4*i+,#+$ %#(04*( (;#%,( "/$ -#%,$ '( (%4(*$ '(- ,*$,$0#(/,9 +9/ #/%"-#/$ 4"('( V(*%( (/ (- A-89*#,09 T7 p"( '(:(*i %(* 4*#9*#S$'$ '( $+"(*'9 $ -$ "*8(/+#$ +-./#+$7 B9 K/$ V(S p"( -9% 4$+#(/,(% #/#+#$/ '#i-#%#%c 1*(+"(/,(0(/,( %( 3$N (%,"'#9% 4$*$ +9/,(%,$* (%,$ 4*(8"/,$7 )9* 9,*9 -$'9c *(p"#(*( $'0#/#%,*$* 0(/9% #/%"-#/$ 4"(%,9 p"( -$ *(%#%,(/+#$ /#/8"/$ !)= '(:( '(,(/(* $- +-./#+9 4$*$ p"( :"%p"( +9/%(k9 $ (%,( 0('#+$0(/,9 0(k9*$ +9/ (- #/#+#9 '( -$ ,(*$4#$ (/ +"$-p"#(* %#,"$+#M/ +-./#+$ '$'$7 '#$-.,#+$7
HIQIHIB=@A AJ DI!KB?F G EIH=IH B@]IJ I/ $-8"/9% 4$+#(/,(%c -$ $,(/+#M/ '(- /(1*M-989 (% /(+(%$*#$ '(%'( (%,$'#9% ,(04*$/9% '( -$ IH=7 I;#%,( :"(/ /X0(*9 '( (%,"'#9% p"( 3$/ (V$-"$'9 (- #04$+,9 '( -$ *(1(*(/+#$ $/(1*M-989 '( 4$+#(/,(% +9/ IH= $/,(% '( #/#+#$* ,(*$4#$ '( *((04-$S9 *(/$-7 J$ 0$N9*.$ '( (--9% +9#/+#'( (/ p"( -9% %"k(,9% p"( %9/ (/V#$'9% ,$*'( $- /(1*M-989 ,#(/(/ -9% 4(9*(% *(%"-,$'9% "/$ V(S p"( %( #/#+#$ '#i-#%#%2 0$N9* 09*:#-#'$'c 09*,$-#'$' N +9%,9%c N 0(/9* +$-#'$' '( V#'$7 ]$*#9% 1$+,9*(% +9/,*#:"N(/ $ -9% *(%"-,$'9% $'V(*%9% $%9+#$'9% $ -$ *(1(*(/+#$ ,$*'.$c #/+-"N(/'9 $/(0#$ /9 ,*$,$'$c (/1(*0('$' M%($c 3#4(*,(/%#M/ N $+#'9%#%7 J$ *(1(*(/+#$ ,$*'.$ ,$049+9 4(*0#,( -$ #/%,$-$+#M/ 949*,"/$ '(- $++(%9 V$%+"-$* 9 4(*#,9/($- 4$*$ (- #/#+#9 '( -$ '#i-#%#%7 D( 3$ %"8(*#'9 p"( -9% 4$+#(/,(% ,#(/(/ p"( %(* (/V#$'9% $- /(1*M-989 $-*('('9* '( >a 0(%(% $/,(% '( p"( #/#+#(/ '#i-#%#% 4$*$ 0#/#0#S$* (- *#(%89 '( 4*(%(/,$* *(%"-,$'9% $'V(*%9%7 J$ 0$N9*.$ '( 8".$% #/,(*/$+#9/$-(% *(+90#(/'$/ (/V#$* $ -9% 4$+#(/,(% $- /(1*M-989 +"$/'9 ,#(/(/ "/$ EQ! zO\ 0-50#/5>7ZO0Lc -9 p"( *(4*(%(/,$ (,$4$% ,$*'.$% '( -$ (/1(*0('$' f(%,$'#9% P M Tg7 A-8"/9% 4$+#(/,(% (%,$:-(% +9/ (,$4$% #/#+#$-(% '( -$ IH= 49'*.$/ %(* 0$/(k$'9% (/ (- 4*#0(* /#V(- '( $,(/+#M/ 0U'#+$c %#(04*( N +"$/'9 %( +9**9:9*( p"( -9% 0U'#+9% '( 4*#0(* /#V(- ,#(/(/ "/$ $'(+"$'$ +904(,(/+#$ +-./#+$ 4$*$ (--9c N %M-9 *(1(*#* $ -9% 4$+#(/,(%
J$% *(+90(/'$+#9/(% 4$*$ "/$ *(1(*(/+#$ #/0('#$,$ $/(1*M-989 %9/ ,9'$% $p"(--$% %#,"$+#9/(% (/ -$% p"( (- *(,*$%9 (/ -$ #/%,#,"+#M/ '(- ,*$,$0#(/,9 fp"( 4"('( #/+-"#* '#i-#%#% "*8(/,(g 4"('( +$"%$* '$r9 8*$V( 9 0"(*,(7 D( '(:(*i *(1(*#* '( 19*0$ #/0('#$,$ $- /(1*M-9892 o D9%4(+3$ '( 1$--$ *(/$- $8"'$7 o IH= +9/ %"4(*49%#+#M/ '( 1$--$ *(/$- $8"'$7 o B"(V9% +$%9% '( IH= '(,(+,$'9% (/ (%,$'#9 T fEQ! z>T 0J50#/5>7ZO 0Lg7 o R#4(*,(/%#M/ $*,(*#$- 0$-#8/$ 9 $+(-(*$'$ +9/ %9%4(+3$ '( (/1(*0('$' *(/$- %":N$+(/,(7 o R#4(*|$-(0#$ +9/ 49,$%#9 %U*#+9 vZ7\ 0Ip5J7 J$% *(+90(/'$+#9/(% 4$*$ "/$ *(1(*(/+#$ "*8(/,( $/(1*M-989 %9/ ,9'$% $p"(--$% %#,"$+#9/(% (/ -$% +"$-(% %#/ "/ *i4#'9 ,*$,$0#(/,9 (% 49%#:-( (- '(,(*#9*9 +-./#+9c #/+-"N(/'92 o D./'*90( /(1*M,#+97 o B"(V9% +$%9% '( IH= '(,(+,$'9% (/ (%,$'#9 P fEQ! >TmL[ 0J50#/5>7ZO 0Lgc $ 0(/9% p"( %($/ +-$*$0(/,( '(,(*0#/$'9% +909 (%,$:-(%c N +$%9% (%,$:-(% (/ (%,$'#9 T 4*(V#$0(/,( +9/9+#'9%7 o I/1(*0('$' %#%,U0#+$ f47 (k7 -"4"% (*#,(0$,9%9 9 V$%+"-#,#% %#%,U0#+$g +9/ (V#'(/+#$ '( (/1(*0('$' *(/$-7 o R#4(*|$-(0#$ +9/ 49,$%#9 %U*#+9 '( Y7\} Z7\ 0Ip5J f'(%4"U% '( (;+-"#* +$"%$% ,*$,$:-(% 9 $*,(1$+,9% N %9:*( ,9'9 $-,(*$+#9/(% (-(+,*9+$*'#98*i1#+$%g7 o ?(,(*#9*9 $8"'9 '( -$ 1"/+#M/ *(/$- f'#%0#/"+#M/ '( EQ! v>Tq 9 (-(V$+#M/ '( +*($,#/#/$ %U*#+$ vL\q '(- :$%$-g $%9+#$'9 +9/ "%9 '( @I=A% 9 AHA%7 H(+90(/'$+#9/(% 4$*$ -$ *(1(*(/+#$ 9*'#/$*#$ $- /(1*M-989 9 $- 0U'#+9 #/,(*/#%,$ '(- %(8"/'9 /#V(- '( $,(/+#M/ ,9'$% -$% *(%,$/,(% %#,"$+#9/(% +-./#+$%c #/+-"N(/'92 o R#4(*,(/%#M/ >Z[
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0*(1*$+,$*#$ fv>T\5[\ 00R8 $ 4(%$* '( +90:#/$+#M/ '( O '*98$% '( +-$%(% +904-(0(/,$*#$%g7 o )*9,(#/"*#$ fv>\\\ 085'.$g %#/ %./'*90( /(1*M,#+97 o )*9,(#/"*#$ +9/ 3(0$,"*#$7 o ?#$:(,(% 0(--#,"% +9/ #/+*(0(/,9 '( -$ 4*9,(#/"*#$ %#/ 4*(%(/+#$ '( *(,#/94$,.$7 o I%,$'#9 O '( IH= +9/ 3(0$,"*#$7 o R(0$,"*#$ 0$+*9%+M4#+$ %#/ +$"%$ "*9-M8#+$ f+9/ 9 %#/ 4*9,(#/"*#$g7 o R#%,9*#$ '( ('(0$ 4"-09/$* *(+"**(/,( #/(;4-#+$'9 +9/ %9%4(+3$ '( (%,(/9%#% $*,(*#$- *(/$-7 o =$.'$ '( -$ EQ! fv>Tq (/ >L 0(%(%g +9/ %9%4(+3$ '( (%,(/9%#% '( $*,(*#$ *(/$-7 o A/(0#$ #/(;4-#+$'$ fz>>7\ 85'Jg (/ (%,$'#9% >m O '( IH=7 o )$*$,939*09/$ vZ\ /850J %#/ '(1#+#(/+#$ '( V#,$0#/$ ?7 o =$%9% (%,$:-(% '( IH= (%,$'#9 P7 o =$%9% +9/ %9%4(+3$ '( +$"%$ 8(/U,#+$ 9 *$*$ '( IH=7 @'($-0(/,(c -$ %#8"#(/,( #/19*0$+#M/ '(:(*.$ $+904$r$* $(/V.9 '( -9% 4$+#(/,(% +9/ (- /(1*M-989 9 (- 0U'#+9 #/,(*/#%,$2 o R#%,9*#$ +-./#+$ N (;$0(/ 1.%#+9 '(,$--$'9 f(%4(+#$- U/1$%#% (/ %./,90$% "*#/$*#9% N 0('#+$0(/,9%gc o K*#$/i-#%#% 4$*$ :X%p"('$ '( %$/8*( N 4*9,(./$%c o H(-$+#M/ $-:X0#/$m 4*9,(./$5+*($,#/#/$ (/ 9*#/$c o ^#90(,*.$ 3(0i,#+$c =*Dc %9'#9c 49,$%#9c $-:X0#/$c +$-+#9c 1M%19*9c +9-(%,(*9-c o R:A>= f(/ '#$:U,#+9%gc o E9'9% -9% *(%"-,$'9% 4*(V#9% '( =*Dc o H(%"-,$'9% '( (%,"'#9% '( #0$8(/ f%# (%,i/ '#%49/#:-(%g7 K/$ V(S p"( -$ *(1(*(/+#$ %( 3$N$ 3(+39 N "/ 4-$/ '( $++#M/ %( 3$N$ $+9*'$'9c 4"('( %(* 49%#:-( p"( (- %(8"#0#(/,9 '( *",#/$ %($ 3(+39 (/ (- 4*#0(* /#V(- '( $,(/+#M/7 D# (- +$%9 -9 *(p"#(*(c %( 4"('( V9-V(* $ *(1(*#* $- 4$+#(/,( +9/ ((%4(+#$-#%,$c 9 %(8"#* %#(/'9 V#%,9 4$*$-(-$0(/,( 49* $0:9% /#V(-(%7 A'(0i% '(- 0U'#+9 '( 4*#0(* /#V(- N (- /(1*M-989c -9% 4$+#(/,(% 49'*i/ /(+(%#,$* %(* V#%,9% 9 *(1(*#'9% $ 9,*9% (%4(+#$-#%,$% +909 '#$:(,M-989%c +$*'#M-989%c 91,$-0M-989%c 8(*#$,*$%c /",*#M-989%c (/1(*0(*$% (%4(+#$-#%,$%7 J$ *(1(*(/+#$ $/,(*#9* '(4(/'(*i '(- k"#+#9 +-./#+9 N -9 (%,$:-(+#'9 (/ 9,*$% !)=7
"&4"*!"#'# ,32!+&'* +?0)*3%)$5' %*/&$%' J9% 4*98*$0$% '( 4*(V(/+#M/ 4$*$ '(k$* '( 1"0$* ,(/'*i/ p"( %(* '#*#8#'9% $ $ ,9'$% -$% ('$'(% 0('#$/,( +$04$r$% +90"/#,$*#$% (/ (%+"(-$%c *$'#9 N ,(-(V#%#M/c ,$/,9 $ /#V(-9+$- +909 /$+#9/$-7 )$*$ *('"+#* -9% *#(%89% %( '(:(/c $4-#+$* (%,*#+,$0(/,( -$% /9*0$% -(8$-(%c ('"+$+#M/ #/,(/%#V$ N +9/,#/X$ %9:*( -9% *#(%89% '( (;49%#+#M/ N (- 0$/(k9 '( -9% +9/,$0#/$/,(% N 3$+(* '(- +9/9+#0#(/,9 '( -9% ,*$:$k$'9*(% %9:*( (- *#(%89 '( +9/%"09 '( ,$:$+9 N -$ (;49%#+#M/ $ +9/,$0#/$+#M/ #/'"%,*#$-7
QA=EFHID ?I H@ID!F I- 3"09 '(- ,$:$+9 (% (- 4*#/+#4$- '(%(/+$'(/$/,( 4$*$ (4*9+(%9 #/1-$0$,9*#9 (/ -$ I)F=7 <"+3$% 9+"4$+#9/(% 3$/ 09%,*$'9 $%9+#$+#M/ +9/ (- #/+*(0(/,9 '(- *#(%89 '( I)F=c %9:*(,9'9 -$ (;49%#+#M/ $ 3"09% #/'"%,*#$-(% N 49-V9% 0#/(*$-(%7 I- 4*91(%#9/$- '( -$ %$-"' '(:(*i *($-#S$* "/ 3#%,9*#$ +-./#+$ +904-(,$ p"( -( 4(*0#,$ #'(/,#1#+$* -9% 1$+,9*(% '( *#(%89 4$*$ I)F= +909 (- ,$:$p"#%09c (;49%#+#M/ N 0$/(k9 '( +9/,$0#/$/,(% 9+"4$+#9/$-(%7 I/ 4$.%(% (/ '(%$**9--9 (- (04-(9 '( +$*:"*$/,(% '( 9*#8(/ 9*8i/#+9 4$*$ +9+#/$* +9/%,#,"N(/ *#(%89 #/'#V#'"$- 4$*$ I)F=7 I- (04-(9 '( (p"#49% 4$*$ (-#0#/$* -9% +9/,$0#/$,(% N 0(k9* V(/,#-$+#M/ '( -$% i*($% '( +9+#/$ '#%0#/"N(/ (- *#(%89 '( '(%$**9--9 '( I)F=7 J$ ('"+$+#M/ '( 4$+#(/,(% +9/ I)F= (% (%(/+#$- 4$*$ "/ :"(/ +9/,*9- '( -$ (/1(*0('$'7 J9% ,M4#+9% p"( '(:( #/+-"#* "/ 4*98*$0$ ('"+$,#V9 %9/ -$ '#%0#/"+#M/ '( -$ (;49%#+#M/ $ 1$+,9*(% '( *#(%89c '#(,$c (k(*+#+#9c "%9 $'(+"$'9 '( -9% 0('#+$0(/,9%c ,*$,$0#(/,9 '( -$% (;$+(*:$+#9/(%c *(+9/9+(* -$% +909*:#-#'$'(%7
>a\
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-9% %./,90$% /9 +9/+"(*'$/ +9/ -9% 3$--$S89% (/ -$ R$%,$ (- 090(/,9 /9 (;#%,( (V#'(/+#$ (/ -$ -#,(*$,"*$ /# 4$*$ *(+90(/'$+#M/ '( $-8"/$ 4*"(:$ 9 0U,9'9 '( '(,(++#M/ (%4#*90(,*.$c (/ +$%9 '( $/9*0$-#'$'(% V#%,$% (/ -$ H; '( +909 ,$0#S$k( 49:-$+#9/$-7 ,M*$; N (/ 4$+#(/,(% (/ 4*9,9+9-9 '( +#*"8.$ 4"-09/$* f*(%(++#M/ '( :"-$%c *('"++#M/ '( V9-"0(/g7 J$ ?J=F (%,i '#%0#/"#'$ (/ (- I/1#%(0$ )"-09/$*7 I- ,(/(* 0(/9* @<= +9**(-$+#9/$ +9/ "/ 0(/9* ?J=F7 J9% 4$+#(/,(% +9/ I) N ?@A!BCDE@=F ?J=F 0(/9* '( L\q /9 %9/ +$/'#'$,9% $ +#*"8.$ 4"-09/$* J$ I+9+$*'#98*$1.$ (% X,#- 4$*$ '#$8/M%,#+9 '( R#4(*,(/%#M/ J9% %./,90$% +-./#+9% /9 %9/ X,#-(% '( 0$/(*$ $#%-$'$ 4$*$ A*,(*#$- )"-09/$* fRA)g7 J$ (+9+$'#98*$1.$ '(:( %(* *($-#S$'$ (%,$:-(+(* (- '#$8/M%,#+9 '( I)F= D( 49'*i +9/%#'(*$* ((/ +$%9% (%4(+.1#+9% '( I)F=c 4$*$ '(,(*0#/$* (- 8*$'9 '( '#$8/M%,#+9 (/ %"k(,9% '( 0i% '( OT $r9% +9/ ,9% +*M/#+$c N RA) +"$/'9 /9 3$N +9**(-$+#M/ +9/ (- 8*$'9 '( $V$/+( '( -$ +9/ 1$+,9*(% '( *#(%89 4$*$ I)F= fE$:$p"#%09g N -9% (/1(*0('$' N 4$*$ (%,"'#9 '( +909*:#-#'$' +$*'#$+$ F,*9% %#8"#(/,(% %./,90$% o ?#%/($ $- (k(*+#+#9 o E9% +*M/#+$ o (%,"'#9% +909 '(,(*0#/$+#M/ '( $-1$> $/,#,*#4%#/$c )*9'"++#M/ *(8"-$* '( (%4",9 o ^*9/p"#,#% 1*(+"(/,( (/ 8$0$8*$0$ V(/,#-$,9*#9 4(*1"%9*#9 N +#,9-98.$ '( (%4",9 #/V#(*/9 o D#:#-$/+#$%7 J$ '#%/($ (% (- %./,90$ 4*#0$*#9 0i% '(:(/ %(* +9/%#'(*$'9% %9-9 (/ %#,"$+#9/(% (%4(+#$-(%7 #049*,$/,( (/ -$ I)F= )$*$ (V$-"$* (- 8*$'9 '( '#%/($ %( *(+90#(/'$ ",#-#S$* -$ (%+$-$ '( '#%/($ *(-$+#9/$'$ $- (k(*+#+#9 EHAEA<@IBEF '( <('#+$- =9"/+#- H(%(*+3 f="$'*9 Lg7 I- '#$8/M%,#+9 '( I)F= %( (%,$:-(+( +"$/'9 (- ]IQ> (%,$ 49* $:$k9 '( a\ q '(EHAEA<@IBEF QAH
5=]Q (% 0(/9* $ \7Z J$ (%4#*90(,*.$ '(:( *($-#S$*%( (/ ,9'9 4$+#(/,( +9/ %9%4(+3$ N I- ,*$,$0#(/,9 +9/ :*9/+9'#-$,$'9*(% #/3$-$'9% (/ (/1(*09% +"$'*9 +-./#+9 '( I)F= 4$*$ +9/1#*0$* -$ 4*(%(/+#$ '( +9/ I)F= *('"+( -9% %./,90$% N 0(k9*$ -$ ,9-(*$/+#$ $9:%,*"++#M/ '( -$ V.$ $(*($c (,$4#1#+$+#M/ N %(8"#0#(/,97 J$ (k(*+#+#97 J$ ,(*$4#$ #/3$-$,9*#$ (% -$ V.$ '( (-(++#M/ 49* (+-$%#1#+$+#M/ '( -$ %(V(*#'$' %( :$%$ (/ -$ 0('#+#M/ '(- ]IQ>c ,#(049 '( $++#M/ 0i% *i4#'9c 0(/9* '9%#% N 0(/9% (1(+,9% 49%,:*9/+9'#-$,$'9*c $'(0i% (/ -$ (;#%,(/+#$ '( %./,90$%c +9-$,(*$-(% J9% :*9/+9'#-$,$'9*(% 1$V9*(+(/ (- #/+*(0(/,9 '( $,*$4$0#(/,9 $U*(9c #/%"1#+#(/+#$ *(%4#*$,9*#$c $1(+,$+#M/ -$ +$4$+#'$' $- (k(*+#+#9 %#/ p"( /(+(%$*#$0(/,( 3$N$ %#%,U0#+$ N +909*:#-#'$' $%9+#$'$7 )$*$ '(,(*0#/$* -$ 09'#1#+$+#M/ '( -$% +#1*$% '(- ]IQ>7 I- ,*$,$0#(/,9 '( (-(++#M/ 8*$V('$' '( -$ I)F= '( 0$/(*$ 4*i+,#+$ %( *(+90#(/'$ #/#+#$- (/ ,9'$% -$% (,$4$% '( -$ I)F= %9/ -9% +-$%#1#+$*-$ (/ @ -(V(c @@ 09'(*$'$c @@@c 8*$V( N @]c 0"N 8*$V(7 :*9/+9'#-$,$'9*(% '( $++#M/ +9*,$7 I/ 4$+#(/,(% +9/ I)F= 09'(*$'9 $ 8*$V( +9/ (;$+(*:$+#9/(% 1*(+"(/,(% f0i% '( L 49* $r9g $- ,*$,$0#(/,9 +9/ ^?H '( $++#M/ +9*,$c %( '(:( $8*(8$* -9% '( $++#M/ 4*9-9/8$'$7
)HKI^AD ?@A!BCDE@=AD
J$ (%4#*90(,*.$ (% #04*(%+#/'#:-( 4$*$ (%,$:-(+(* ('#$8/M%,#+9c $- '(09%,*$* -#0#,$+#M/ '(- 1-"k9 $U*(9 +9/ *(V(*%#:#-#'$' 4$*+#$-c V$-9*$+#M/ #/#+#$- N %(8"#0#(/,97 J$ (%4#*90(,*.$ 19*S$'$ %( '(:( *($-#S$* 4$*$ (- '#$8/M%,#+9 N (V$-"$+#M/ '( -$ 8*$V('$' '( -$ 9:%,*"++#M/w %#/ (0:$*89c -$ '(+#%#M/ '( 0$/(k9 49%,(*#9* %( '(:( #/'#V#'"$-#S$*7 I'#$8/M%,#+9 '( #/%"1#+#(/+#$ *(%4#*$,9*#$ %M-9 %( (%,$:-(+( +9/ -$ !$%90(,*.$ '( D$/8*( A*,(*#$- f!DAg J$ !DA (% /(+(%$*#$ 4$*$ '(,(*0#/$* -$ 8*$V('$' '( -$ #/%"1#+#(/+#$ *(%4#*$,9*#$ ( #/'#+$* 9;.8(/9 %"4-(0(/,$*#9 (/ (- '90#+#-#97 I/ -$ 0$N9*.$ '( -9% +$%9%c -$ *$'#98*$1.$ '( ,M*$; /9 4*949*+#9/$ '$,9% 4$*$ (%,$:-(+(* '#$8/M%,#+9 '( I)F= J$ H; '( ,M*$; %( '(:( *($-#S$* (/ ,9'9 (/1(*09 +9/ I)F=c N$ p"( +9/ (%,$ %( #'(/,#1#+$/ +909*:#-#'$'(% 9 %( (;+-"N(/ 9,*$% 4$,9-98.$%7 J$ E9098*$1.$ =904",$'$ /9 %( +9/%#'(*$ "/ (%,"'#9 '( *",#/$w %#/ (0:$*89 '(:( %(* 4*$+,#+$'$ +"$/'9
I/ 4$+#(/,(% p"( 4(*0$/(+(/ %#/,90i,#+9%c $X/ +9/ (- "%9 '( :(,$ $89/#%,$ '( $++#M/ +9*,$c %( '(:( #/,(/%#1#+$* (,*$,$0#(/,9 $8*(8$/'9 "/ $/,#+9-#/U*8#+9 '( $++#M/ +9*,$ 9 "/ :*9/+9'#-$,$'9* '( $++#M/ 4*9-9/8$'$7 I/ 4$+#(/,(% +9/ (/1(*0('$' 09'(*$'$ $ 8*$V( p"( 4(*0$/(+(/ %#/,90i,#+9% $X/ +9/ (- "%9 '( :(,$ $89/#%,$ '( $++#M/ +9*,$c (% 4*(1(*#:-( $8*(8$* "/ :*9/+9'#-$,$'9* '( $++#M/ 4*9-9/8$'$ 4$*$ '#%0#/"#* -$ 1*(+"(/+#$ '( (;$+(*:$+#9/(%c 0(k9*$* -$ ,9-(*$/+#$ $- (k(*+#+#9c *('"+#* -$ '#%/($ N 0(k9*$* -$ +$-#'$' '( V#'$7 J9% :*9/+9'#-$,$'9*(% ’mLmA89/#%,$% '( -$*8$ '"*$+#M/c ,#(/(/ (1(+,9 3$%,$ 49* >L 3*%7 9 0i%7 ?(:#'9 $ p"( %" $+,#V#'$' +9/,#/X$ %#(/'9 *(8"-$* '"*$/,( -$ /9+3(c (/ -9% (/1(*09% +9/ I)F= (%,$:-( %( *(+90#(/'$/ -9% ’mLm A89/#%,$% '( -$*8$ '"*$+#M/7 J9% $/,#+9-#/U*8#+9% #/3$-$'9% '( -$*8$ '"*$+#M/ :-9p"($/ -9% *(+(4,9*(% < Oc N -9% '( +9*,$ '"*$+#M/ $ -9% *(+(4,9*(% < Lc (/ -9% (/1(*09% +9/ I)F= (%,( X-,#09 (1(+,9 (% 0(/9% #049*,$/,(7 I/ -$ I)F=c ,#(/( 0(k9* >a>
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0(1(+,9 -9% :*9/+9'#-$,$'9*(% $/,#+9-#/U*8#+9% #/3$-$'9% '( YOq '(- *#(%89 '( 39%4#,$-#S$+#M/ 49* /("09/.$ N "/ a>q '(-$*8$ '"*$+#M/7 I- E#9,*94#"0 4(*0$/(+( "/#'9 $ *(+(4,9*(% *#(%89 '( 0"(*,(7 J$ V$+"/$ $/,#/("09+M++#+$ '(:( $4-#+$*%( 0"%+$*./#+9% 49* (%4$+#9 '( OY 3*%c 4*9'"+#(/'9 (/ ,9'9% -9% 4$+#(/,(% '( I)F= +"$/'9 0(/9% "/$ V(S (/ %" :*9+9'#-$,$+#M/ (1(+,#V$7 I- E#9,*94#"0 %( (04-($ (/ "/$ %9-$ V#'$7 '9%#% '#$*#$ +9/ -9 p"( %( 0$/,#(/(/ $'(+"$'9% /#V(-(% '(I- (04-(9 '( $/,#:#M,#+9% 4*91#-i+,#+9% (/ -$ I)F=c /9 3$ 0('#+$0(/,9c 1$V9*(+#(/'9 -$ *('"++#M/ '( -$% '(09%,*$'9 p"( '#%0#/"N$ -$ 1*(+"(/+#$ '( -$% (;$+(*:$+#9/(% 8*$V(% '( -$ I)F=7 (;$+(*:$+#9/(% #/1(++#9%$% B9 %( *(+90#(/'$ (- "%9 4*91#-i+,#+9 '( $/,#:#M,#+9% (/ -$ I)F=7 J$% 0(,#-;$/,#/$% (k(*+(/ %" $+,#V#'$' :*9/+9'#-$,$'9*$ $ '9%#% (-(V$'$%c 49* -9 p"( ,#(/(/ $-,9 *#(%89 '( ,9;#+#'$' N %( J$ ,9% (% "/ %./,90$ 09-(%,9c 4(*9 (% "/ 0(+$/#%09 '( +9/%#'(*$ +909 "/ ,*$,$0#(/,9 '( %(8"/'$ -./($7 I- (04-(9 '(1(/%$ #049*,$/,( (/ 49*,$'9*(% '( I)F=7 J9% $/,#,"%.8(/9% '( 0(,#-;$/,#/$ (/ (- ,*$,$0#(/,9 '( -$ I)F= *(p"#(*( '( /9 '(:(/ %(* (04-($'9% (/ (- (/1(*09 +9/ I)F= (%,$:-(7 J$ '(,(*0#/$+#M/ '(- 0('#+$0(/,9 (/ 4-$%0$ N 49* (--9 %( ,(*$4#$ +9/ 0"+9-.,#+9% (/ -$ I)F= 3$ %#'9 +9/,*9V(*,#'$ 4*(1#(*( (- "%9 '( :*9+9'#-$,$'9*(% #/3$-$'9%7 I- (04-(9 '( '(:#'9 $ p"( -$ (1#+$+#$ /9 3$ %#'9 '(09%,*$'$7 B9 %( 3$ 0(,#-;$/,#/$ '( $++#M/ 4*9-9/8$'$ 4"('( %(* "%$'$ :$k9 '(09%,*$'9 0(k9*.$ (/ -$% 4*"(:$% '( 1"/+#M/ 4"-09/$* +9/ (%,*#+,$ V#8#-$/+#$ '( /#V(-(% %U*#+9% fTm>T“85'Jgc (/ $p"(--9% (- "%9 '( 0"+9-.,#+9%7 J$ ,(*$4#$ +9/ 0"+9-.,#+9% (/ -$ I)F= (/1(*09% (/ p"#(/ %( 3$N$ $89,$'9 -$ ,(*$4#$ +9/V(/+#9/$- 9 '(:(*i %(* (V$-"$'$ '( 0$/(*$ #/'#V#'"$- (/ 4$+#(/,(% +9/ p"#(/ ,#(/( #/+$4$+#'$' 4$*$ -$ ,(*$4#$ #/3$-$,9*#$7 ,9% +*M/#+$ 4*9'"+,9*$ '( (%4",9 V#%+9%9c $'3(*(/,(c '( J9% 8-"+9+9*,#+9#'(% #/3$-$'9% (/ (- ,*$,$0#(/,9 '( -$ I)F= '#1.+#- (;4(+,9*$+#M/ N p"( 0"(%,*( (V#'(/+#$ '( 0(k9*.$ (% +9/,*9V(*,#'9 49* (- 0./#09 :(/(1#+#9 %9:*( -$ '#%0#/"+#M/ %#/,90i,#+$ +9/ %" (04-(97 I- "%9 '( #/0"/909'"-$'9*(% (/ '( -$ '(+-#/$+#M/ '(- ]IQ>7 J9% 8-"+9+9*,#+9#'(% #/3$-$'9% -$ I)F= 3$ 09%,*$'9 p"( '#%0#/"N( -$ 8*$V('$' N 1*(+"(/+#$ (%,i/ #/'#+$'9% (/ 4$+#(/,(% (/ -9% p"( %( '9+"0(/,( :"(/$ '( -$% (;$+(*:$+#9/(%7 D( *(p"#(*( '( 0i% (%,"'#9% $ -$*89 *(%4"(%,$ +"$/'9 %($ I)F= 8*$V( N +9/ 0i% '( L *(+$.'$% $4-$S9 4$*$ +9/9+(* -9% (1(+,9% '( (%,( ,*$,$0#(/,9 49* -9 p"( $r97 I- (04-($* 8-"+9+9*,#+9#'(% 9*$-(% $ -$*89 4-$S9 4"('( /9 %( *(+90#(/'$7 4*9'"+#* 0#94$,.$ N '(:#-#'$' 0"%+"-$* J9% 8-"+9+9*,#+9#'(% I- (04-(9 '(- F;.8(/9 %"4-(0(/,$*#9 $"0(/,$ -$ 9*$-(% $ -$*89 4-$S9 /9 %( *(+90#(/'$/ (/ (- ,*$,$0#(/,9 '( %"4(*V#V(/+#$c 0(k9*$ -$ ,9-(*$/+#$ $- (k(*+#+#9c (- %"(r9 N -$ -$ I)F= (%,$:-(7 J$ X/#+$ #/'#+$+#M/ 4$*$ "%$* (%,(*9#'( +909 +$4$+#'$' #/,(-(+,"$-c (/ (/1(*09% +9/ I)F= (%,$'.9 @] I0$/,(/#0#(/,9 (% +"$/'9 49%,(*#9* $ "/$ (;$+(*:$+#M/c (%,( (04-(9 '( 9;.8(/9 $ -$*89 4-$S9 %( '(:( #/'#+$* 49* 0i% '( /9 4"('( %(* %"%4(/'#'97 >T 3*%7 $- '.$ 4$*$ 4*(V(/#* -$ 3#4(*,(/%#M/ $*,(*#$- 4"-09/$* J$ +90:#/$+#M/ '( :*9/+9'#-$,$'9*(% +9/ '#1(*(/,(% I- 9;.8(/9 $ -$*89 4-$S9 (/ '90#+#-#9 %( #/'#+$ +"$/'9 -$ )$FL 0(+$/#%09% '( $++#M/ N '"*$+#M/c #/+*(0(/,$/ %" $+,#V#'$' N z TT 0038 9 D$FL z aaq I/ +$%9 '( p"( -$ )$FL %($ (/,*( TY '#%0#/"N(/ -9% (1(+,9% +9-$,(*$-(%7 I- (04-(9 '( ^mLA89/#%,$ $ Y\ 0038 9 -$ D$FL %($ 0$% '( aaq %( #/'#+$ 9;.8(/9 N A/,#+9-#/U*8#+9 #/3$-$'9% ,#(/(/ 0(k9* (1(+,9 %9:*( (+"$/'9 3$N 49-#8-9:"-.$ fREF 0i% '( TTqgc +9* 4"-09/$-(c 9 ]IQ>p"( +"$/'9 %( ",#-#S$ +$'$ "/9 '( (--9% '( 19*0$ $#%-$'$7 RA)7 D( 4"('( ",#-#S$* 9;.8(/9 $0:"-$,9*#9 (/ +$%9 '( v I;#%,(/ 9,*$% +90:#/$+#9/(% p"( 4*949*+#9/$/ 0$N9* )$FL '( v Y\ 0038 9 D$F '( v[\q 9 0i% +9/ '(%$,"*$+#M/ (1(+,#V#'$' :*9/+9'#-$,$'9*$c +909 -$ $%9+#$+#M/ +9/ '"*$/,( (- (k(*+#+#9 9 '"*$/,( (- %"(r9 +"$/'9 4(*0$/(S+$/ 8-"+9+9*,#+9#'(%7 J$ +90:#/$+#M/ '( %$-0(,(*9-5 1-",#+$%9/$ 9 +9/ D$FL 0(/9* '( [\q 19*09,(*9-5 :"'(%9/#'$ %9/ (1(+,#V9% (/ -$ 0(k9*.$ '(- ]IQ> J$ V(/,#-$+#M/ 0(+i/#+$ /9 #/V$%#V$ f]
aL
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0'#%0#/"N( -$ 3#4(*#/1-$+#M/ N 0(k9*$ (- 1-"k9 (%4#*$,9*#9c $'( -$ '#%/($c V9-"0(/ '(- (%4",9 $%. +909 -$ 4"*"-(/+#$7 3$+(* (1#+#(/,( -$ 1"/+#M/ '( -9% 0X%+"-9% *(%4#*$,9*#9%7 J$ E$0:#U/ %( '(:( +9/%#'(*$* (- "%9 '( $/,#:#M,#+9% %# "/9 '( +#*"8.$ '( *('"++#M/ '( V9-"0(/ 4"-09/$* (%,i #/'#+$'$ (/ -9% %./,90$% +$*'#/$-(% (% $"0(/,9 '( -$ 4"*"-(/+#$ '((/1(*09% +9/ (/1#%(0$ 4*('90#/$/,( '( -M:"-9% %"4(*#9*(%c (%4",9c 9 %# *(p"#(*( '( V(/,#-$+#M/ 0(+i/#+$ ?(:(/ "%$*%( :#-$,(*$- :$k$ +$4$+#'$' $- (k(*+#+#97 I- E*$/%4-$/,( )"-09/$* $/,#:#M,#+9% (/ -9% 4$+#(/,(% +9/ (;$+(*:$+#9/(% N +9/ $49*,$ 0(k9*.$ '( -$ 1"/+#M/ 4"-09/$* c +$4$+#'$' $3#%,9*#$ '( (%4",9 4"*"-(/,97 J9% 4$+#(/,(% +9/ (k(*+#+#9c +$-#'$' '( V#'$c %#/ (0:$*89 %9-9 "/ %(-(+,9 /X0(*9 (;$+(*:$+#9/(% %#/ (%4",9 4"*"-(/,9 /9 *(p"#(*(/ $/,#:#M,#+9 '( (/1(*09 %9/ +$'#'$,9% $ (%,( 4*9+(%9 I%,i #/'#+$'9 $ 0(/9% '( p"( 3$N$ (V#'(/+#$ '( 9+"4$+#M/ $-V(9-$* (/ -$ H; +"$/'9 (- ]IQ> z OTq '(- 4*('#+39c )$FL z TT 00R8c )$=FL '( ,M*$; 9 %#8/9% '( /("09/.$7 I- ,*$,$0#(/,9 +9/ vT\ 00R8 ( RA) %(+"/'$*#$ (/ 4$+#(/,(% %(-(+,9%7 $/,#:#M,#+9% '(:( %(* '$'9 49* O $ Z '.$%7 I- ,*$,$0#(/,9 +9/ $/,#:#M,#+9% '(:( %(* '$'9 '"*$/,( >\ '.$%7 D# (% /(+(%$*#9c '(:( %"0#/#%,*$*%( 9;.8(/9 4$*$ 0$/,(/(* %$,"*$+#M/ 49* $**#:$ '( aaq7
EHAEA<@IBEF ?I JAD IhA=IH^A=@FBID J$ +$"%$ 0i% +90X/ '( -$% (;$+(*:$+#9/(% (% -$ #/1(++#M/ N +9/,$0#/$+#M/ $0:#(/,$-w (/ "/$ ,(*+(*$ 4$*,( '( -$% (;$+(*:$+#9/(% 8*$V(% /9 %( #'(/,#1#+$7 J9% :(,$L $89/#%,$% #/3$-$'9% f+9/ 9 %#/ $/,#+9-#/U*8#+9%g N -9% 8*"+9+9*,#+9#'(% %#%,U0#+9% %9/ (1(+,#V9% (/ (- ,*$,$0#(/,9 J9% 4$+#(/,(% +9/ %#8/9% '( #/1(++#M/ 4"('(/ :(/(1#+#$*%( +9/ $/,#:#M,#+9%7 J$ ]
\ '.$%7 I/ $"%(/+#$ '( +9/,*$#/'#+$+#9/(% %#8/#1#+$,#V$%c -9% +9*,#+9%,(*9#'(% 9*$-(% '(:(/ "%$*%( $'(0i% '( 9,*$% ,(*$4#$% (/ 4$+#(/,(% #/8*(%$'9% $ 39%4#,$-#S$+#M/ 49* (;$+(*:$+#M/7 I/ $"%(/+#$ '( +9/,*$#/'#+$+#9/(% %#8/#1#+$,#V$%c -9% +9*,#+9%,(*9#'(% 9*$-(% '(:(/ %(* #/'#+$'9% (/ 4$+#(/,(% 0$/(k$'9% (/ -$ +90"/#'$' +9/ #/+*(0(/,9 (/ -$ '#%/($ p"( #/,(*1#(*$ +9/ $+,#V#'$'(% '( -$ V#'$ '#$*#$7 D( *(+90#(/'$ "/ +"*%9 '( ,*$,$0#(/,9 +9/ (%,(*9#'( '( >P '#$%c N$ p"( ,*$,$0#(/,9% 0$% 4*9-9/8$'$% /9 ,#(/(/ 0$N9* :(/(1#+#97 J9% $/,#:#M,#+9% (/ -$ (;$+(*:$+#M/ '(:(/ %(* '$'9% +"$/'9 -$ (;$+(*:$+#M/ ,#(/( -9% ,*(% %./,90$% +$*'#/$-(%2 @/+*(0(/,9
EHAEA<@IBEF BF QAH
T 0#/",9% '( +9-9+$'9 (]
aO
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0+$*8$ '( ,*$:$k9 *(%4#*$,9*#9c %( '(:( ,#,"-$* (- I)A) 3$%,$ J9% 4*98*$0$% '( (/,*(/$0#(/,9 0i% 3$:#,"$-(% f$(*M:#+9 9 p"( +$'$ (%1"(*S9 #/%4#*$,9*#9 '(- 4$+#(/,( '(%(/+$'(/( 1-"k9 '( *(%#%,(/+#$g 4"('(/ +904-(0(/,$*%( 9 %"%,#,"#*%( 49* -9% 49* 4$*,( '( -$ 0ip"#/$7 I- @)A) %( '(:( $k"%,$* 4$*$ p"( 4*98*$0$% '( (/,*(/$0#(/,9 '( 1"(*S$ 9 0#;,9%c p"( $49*,$/ $-+$/+( "/ ]9-"0(/ +9**#(/,( f],g '( Zma 0- 5n8 4(%9 #'($*(%"-,$'9% %#0#-$*(% (/ ,U*0#/9% '( %./,90$% N +$-#'$' '( '(- 4$+#(/,(7 ?(:#'9 $ p"( (% "/ 09'9 (%49/,i/(9 '(:( %(* V#'$7 J9% 4*98*$0$% '( $+9/'#+#9/$0#(/,9 +9/ 1"(*S$ N ,9'9% -9% (%1"(*S9% '(%(/+$'(/$'9% 49* (- 4$+#(/,(c /9 ,#(/( *(%#%,(/+#$ 4$*$ 0#(0:*9% %"4(*#9*(% 0(k9*$/ %" 1"/+#M/7 J$ ",#-#'$' 4*98*$0$* +#+-9% #/%4#*$,9*#9% 49* 4$*,( '(H) 0(k9*$ -$ %9:*(V#'$7 J$ +9/,#/"$+#M/ '(- 4*98*$0$ '( V(/,#-$'9*7 J9% V$-9*(% '( QI]>c /# -$ ('$' #/1-"N(/ '( 0$/(*$ *(3$:#-#,$+#M/ (/ '90#+#-#9 4(*0#,( p"( -9% :(/(1#+#9% %( $#%-$'$ (/ -$ ,90$ '( '(+#%#M/ '( #/,":$* $ -9% 4$+#(/,(% +9/ 4*(%(*V(/7 J9% :(/(1#+#9% '(- (k(*+#+#9 4(*%#%,(/ $X/ '(%4"U% (;$+(*:$+#M/ '( %" I)F=7 '( 1#/$-#S$'9 (- 4*98*$0$ '( $+9/'#+#9/$0#(/,9 3$%,$ "/ 4*90('#9 '( Y 0(%(%7 J$ $4-#+$+#M/ '( 4*98*$0$% J$ '(+#%#M/ 4$*$ #/,":$* "/ 4$+#(/,( +9/ I)F= (% '#1.+#- N /9 '90#+#-#$*#9% '( 0$/,(/#0#(/,9 %9/ "/$ $-,(*/$,#V$ Vi-#'$ $ (;#%,(/ +*#,(*#9% '(1#/#,#V9%c 4(*9 '(:( +9/%#'(*$*%( (- (%,$'9 -$ *(3$:#-#,$+#M/ 4"-09/$* *($-#S$'$ (/ (- 39%4#,$- '(%'( -$% 1"/+#9/$- 4*(V#9c %" @<=c *(p"(*#0#(/,9% '( 9;.8(/9 (/ 1$%(% #/#+#$-(% '( -$ (/1(*0('$'7 K/ 4*98*$0$ '( +9/'#+#9/(% (%,$:-(%c +909*:#-#'$'(% ( #/8*(%9% 4*(V#9% $ $+9/'#+#9/$0#(/,9 '(:( %(* 0./#09 '( Y %(0$/$%c -9% '( K=@7 I- ,#(049 4*90('#9 '( '"*$+#M/ '( -$ ]< 4$*$ 4$+#(/,(% 0$N9* '"*$+#M/ '$/ 0(k9*(% *(%"-,$'9%7 +9/ I)F= V$*.$ '( T> $ [ '.$%7 J$ '"*$+#M/ '(- *(,#*9 '( -$ ]< (% %#0#-$* 4$*$ I)F= N D@HA7 I- ,#(049 4*90('#9 '( (%,$/+#$ J9% 4$+#(/,(% p"( %( (/+"(/,*$/ (/ 4*98*$0$% '( H)c p"( (/ K=@ 4$*$ 4$+#(/,(% +9/ I)F= (% '( >7L '.$% V% LP7T '.$% +9/,#/X$/ 1"0$/'9 0"N 4*9:$:-(0(/,( /9 +904-(,$*i/ (4$*$ 4$+#(/,(% +9/ D@HA7 I- ,#(049 4*90('#9 '( (%,$/+#$ 4*98*$0$ (/ +904$*$+#M/ $ $p"(--9% 4$+#(/,(% p"( N$ /9 39%4#,$-$*#$ 4$*$ 4$+#(/,(% +9/ I)F= (% '( LL '.$% J$ 1"0$/7 K/ 4*98*$0$ '( Y $ >L %(0$/$% '( 09*,$-#'$' (/ -9% 4$+#(/,(% +9/ I)F= N ]< %( (%,#0$ '(- LL $+9/'#+#9/$0#(/,9 4*9'"+( :(/(1#+#9% p"( 4"('(/ q J$ 09*,$-#'$' (% 0(/9* (/ $p"(--9% 4$+#(/,(% +9/ I)F= '(%$4$*(+(* $ -9% >L $ >a 0(%(%c %# /9 3$N +9/,#/"#'$'7 Ip"( '"*$/ z ZL 3*% (/ ]
HIQIHIB=@A G =FBEHAHHIQIHIB=@A J$ '#1"%#M/ '( 0('#'$% 4$*$ -$ 4*(V(/+#M/ '( -$ (;49%#+#M/ $ 1$+,9*(% '( *#(%89 '( -$ 49:-$+#M/ '(:( 3$+(*%( %9:*(,9'9 (/ >aP
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0(- 4*#0(* /#V(- '( $,(/+#M/7 I% /(+(%$*#9 $"0(/,$* -$ ('"+$+#M/ (/ (- 4(*%9/$- '( -$ %$-"' 4$*$ 0(k9*$* -$ +$4$+#'$' ,U+/#+9 0U'#+$ (/ (- '#$8/M%,#+9 N ,*$,$0#(/,9 '( -$ I)F=c ,$/,9 $ /#V(- -9+$- +909 /$+#9/$- I/1(*09% p"( ,(/8$/ (;49%#+#M/ $ 1$+,9*(% '( *#(%89 N %./,90$% *(%4#*$,9*#9% '( '#%/($c ,9%c $"0(/,9 '( -$ (;4(+,9*$+#M/ %9/ -9% +$/'#'$,9% $ (/V.9 $ "/ %(8"/'9 /#V(- '( $,(/+#M/ J9% (%,"'#9% 0./#09% /(+(%$*#9% 4$*$ *(1(*(/+#$ $ (%4#*90(,*.$ %9/ -$ ,(-(**$'#98*$1.$ '( ,M*$;c ^3c I=! N !DA7 I- LTq '( -$% 4(*%9/$% '( vYT $r9% ,#(/(/ '9% 9 0i% +909*:#-#'$'(%c U%,$ %#,"$+#M/ 09'#1#+$ (- #04$+,9 '( -$ I)F= %9:*( %" (%,$'9 '( %$-"' N -$ 8*$V('$' '( -9% %./,90$% /9 +9**(%49/'( +9/ -$ %(V(*#'$' '( -$ 9:%,*"++#M/c 49* (--9 (% /(+(%$*#$ "/$ (V$-"$+#M/ 0i% '(,$--$'$ J9% (/1(*09% +9/ '9% 9 0i% +909*:#-#'$'(% '(:(/ %(* (V$-"$'9% 49* (- (%4(+#$-#%,$ (/ %(8"/'9 /#V(-7 J9% (/1(*09% +9/ '#1.+#- +9/,*9- (/ %(8"/'9 /#V(- '( $,(/+#M/ '(:(*i/ %(* (/V#$'9% $ ,(*+(* /#V(-7 ="$/'9 3$N '(+-#/$+#M/ $+(-(*$'$ '(- ]IQ>c (/ "/ 4(*.9'9 '( > $ L $r9%c +"$/'9 -$ I)F= %( 4*(%(/,$ (/ 4(*%9/$% kMV(/(% 9 -9% p"( +$/'#'$,9% $ +#*"8.$c *(p"#(*(/ V$-9*$+#M/ 49* $-,$ (%4(+#$-#'$'7 J9% 4$+#(/,(% +9/ '(+-#/$+#M/ $+(-(*$'$ '( -9% V$-9*(% '(- ]IQ>c (/ "/ 4(*.9'9 '( > $ L $r9%c +"$/'9 -$ 9:%,*"++#M/ '( -$ V.$ $U*($ (% (/ 4(*%9/$% kMV(/(%c 9 /(+(%#,$/ +#*"8.$ '(:(*i/ %(* (/V#$'9 $- E(*+(* B#V(- '( $,(/+#M/7
&"3!+&-' '#F3$*$#' "& 2' %+!3&$#'# "& '#32)+0 J$ V$+"/$ +9/,*$ -$ #/1-"(/S$ 4*(V#(/( -$ /("09/.$c -$ 39%4#,$-#S$+#M/ N -$ 0"(*,(7 I/ $'"-,9% 0$N9*(% '( YT $r9%c -$ V$+"/$ +9/,*$ -$ #/1-"(/S$ %( $%9+#M +9/ -$ *('"++#M/ (/ (*#(%89 '( 39%4#,$-#S$+#M/ 49* (/1(*0('$'(% +$*'#$+$% f>[qgc (/1(*0('$' +(*(:*9V$%+"-$* f>YmLOqgc /("09/.$ 9 #/1-"(/S$ fL[ } OLqg N *('"++#M/ (/ (- *#(%89 '( 0"(*,( 49* ,9'$% -$% +$"%$% fPamT\qg7 D( 3$ '9+"0(/,$'9 -$ (1(+,#V#'$' '( -$ V$+"/$ +9/,*$ -9% 49-#%$+i*#'9% '(- /("09+9+9 4$*$ 4*(V(/#* -$ #/1(++#M/ 0$%#V$ f:$+,(*(0#$ N 0(/#/8#,#%g (/,*( $'"-,9% kMV(/(% +9/ (/1(*0('$'(% +*M/#+$% N (/ $/+#$/9%7 J$ (1(+,#V#'$' 8-9:$(/ 0$N9*(% '( YT $r9% (% '(- PP $- ZTq7 I%,$ #/'#+$'9 $4-#+$* -$ V$+"/$ +9/,*$ -$ #/1-"(/S$ $2 ‘ E9'$% -$% 4(*%9/$% '( T\ $r9% 9 0i%7 ‘ )(*%9/$% p"( (%,U/ (/ +9/,$+,9 +9/ 1$0#-#$*(% +9/ *#(%89 '( +904-#+$+#9/(% 49* #/1-"(/S$7 ‘ E*$:$k$'9*(% '( -$ %$-"'7 J$ V$+"/$ +9/k"8$'$ +9/,*$ /("09+9+9 %( *(+90#(/'$ (/ ,9'9% -9% $'"-,9% 0$N9*(% '( YT $r9% N (/ (%4(+#$- (/ $p"(--9% +9/ (/1(*0('$'(% +*M/#+$%7 J9% ,*$:$k$'9*(% '( -$ %$-"' p"( %( '(%(04(r$/ (/ +9/%"-,9*#9%c 39%4#,$-(% ( #/%,#,"+#9/(% '( $%#%,(/+#$ '(:(/ V$+"/$*%( +$'$ $r9 +9/,*$ -$ #/1-"(/S$7
QA=EFHID ?I H@ID!F J9% 1$+,9*(% '( *#(%89 4$*$ BA=c *(-$+#9/$'9% +9/ -$ 49:-$+#M/ %9/2 ('$' 0$N9* '( YT $r9%c ,$:$p"#%09c $-+939-#%09c +9m09*:#-#'$' fI)F=c +i/+(*c ?< @@ ( @==gc >aT
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0#/0"/9%"4*(%#M/ N ,*$,$0#(/,9 +9/ (%,(*9#'(%7 )*909V(* (4#'(0#9-M8#+9% '( 1*(+"(/+#$ (/ -$ 4*(%(/,$+#M/ '( BA=c (4*98*$0$% '( ('"+$+#M/ 4$*$ -#0#,$* (- +9/%"09 '( ,$:$+9c 0$/(k9 #/#+#$- /9 '(:( '( *(,*$%$*%( $/,( -$ #/,(8*$+#M/ '( "/ $-+939- N 1$V9*(+(* "/$ /",*#+#M/ $'(+"$'$7 H($-#S$* +"$'*9 +-./#+9*$'#9-M8#+9 '( BA= N '(:(*i #/#+#$*%( +9/,*$ -9% #/,(**98$,9*#9 N (;4-9*$+#M/ 1.%#+$ 0#/"+#9%$ (/ (/1(*09% +9/ 8U*0(/(% 0i% 1*(+"(/,(0(/,( *(49*,$'9%7 I/ +$%9 '( I)F=c ?< @@ ( @== $/,( -$ %9%4(+3$ '( BA=7 1*$+$%9 (%,i #/'#+$'9 (1(+,"$* (%,"'#9% :$+,(*#9-M8#+9% 4$*$ $#%-$* (- $8(/,( (,#9-M8#+9 N '(,(*0#/$* +$0:#9 '( (%p"(0$ A-8"/9% (%,"'#9% %"8#(*(/ p"( -$ BA= 4"('( %(* '(%+$*,$'$ $/,#:#M,#+97 +9/ %(8"*#'$' (/ -$ $"%(/+#$ '( %#8/9% V#,$-(% $/9*0$-(%7 D( 3$ '(,(*0#/$'9 p"( -$ 4*(%(/+#$ '( 1#(:*( '( 0i% '( OZ7a =c 1*(+"(/+#$ *(%4#*$,9*#$ 0$N9* '( LT 49* 0#/7c 4*9'"++#M/ '( (%4",9 +9/,#/"9 '"*$/,( ,9'9 (- '.$c 0#$-8#$% N %"'9*$+#M/ AB=@ABF /9+,"*/$ (/ $"%(/+#$ '( #/1-$0$+#M/ ( #**#,$+#M/ 9*91$*./8($ N *#/9**($c %9/ -9% X/#+9% 4$,*9/(% +-./#+9% p"( 4*('#+(/ BA= J$ :*9/+9$%4#*$+#M/ (% "/ 1$+,9* 4*('#%49/(/,( (/ (%,( +"$/'9 1"(*9/ #/+-"#'9% (/ "/$ 4*"(:$ '#$8/M%,#+$ p"( ,"V9 8*"49 '( ('$'c (% 0i% 1*(+"(/,( /9 -98*$* $#%-$0#(/,9c 4(*9 [>q '( %(/%#:#-#'$' N P\q '( (%4(+#1#+#'$'7 A 0(/9% '( LP -9% 0#+*99*8$/#%09% %9/ %#0#-$*(% (/ +904$*$+#M/ +9/ -9% '( 39*$% '( #/#+#9 '( -$ (/1(*0('$' -9% %#8/9% N %./,90$% ,#(/(/ 8*"49% '( 0(/9* ('$'c $"/p"( -9% 0i% 1*(+"(/,(% %9/ :$k9 V$-9* 4*('#+,#V97 J$ '"'$ '#$8/M%,#+$ $/,( "/ +"$'*9 R$(0943#-"% #/1-"(/S$c =3-$0N'943#-$ 4/("09/#$(c +-./#+9 49+9 (%4(+.1#+9 9 0$/#1(%,$+#9/(% 09'(*$'$% '( BA= D,*(4,9+9++"% 4/("09/#$(c V#*"% '#V(*%9%c V#*"% '( -$ *(p"#(*(/ (1(+,"$* (%,"'#9% $";#-#$*(% '( '#$8/M%,#+9c #/1-"(/S$c <9*$;(--$ +$,$**3$-#%7 #/#+#$/'9 U%,9% +9/ *$'#98*$1.$ +9/V(/+#9/$- '( ,M*$;7 J9% %#8/9% N %./,90$% +-i%#+9% '( /("09/.$ %( 4*(%(/,$/ +9/ ?@A^dE@=F 0(/9% 4*9:$:#-#'$' (/ -9% 4$+#(/,(% $/+#$/9%c $%#0#%09 /9 ,#(/(/ +$*$+,(*.%,#+$% (%4(+.1#+$%c %#(/'9 -$ +9/1"%#M/ (- '$,9 I% 0i% 1*(+"(/,( -$ 4*(%(/,$+#M/ :$+,(*U0#+$ 49* 0i% 1*(+"(/,(7 J$ +909*:#-#'$' 9+"**( 0i% 1*(+"(/,( (/ D,*(4,9+9++"% 4/("09/#$(7 4$+#(/,(% $/+#$/9% p"( +"*%$/ +9/ BA=7 ?9% (%,"'#9% 3$/ (/+9/,*$'9 -$ $"%(/+#$ '( 1#(:*( (/ $/+#$/9% +9/ BA=7 J$ AJ=FRCJ@=F #/+#'(/+#$ '( $/,(+('(/,( '( :*9/+9$%4#*$+#M/ (% 0$N9* (/ $/+#$/9% +9/ BA= +904$*$'9 +9/ 49:-$+#M/ k9V(/ Z>q V% I- D,*(4,9+9++"% 4/("09/#$( (% (- 0i% 1*(+"(/,(c N ,$0:#U/ >\q *(%4(+,#V$0(/,(7 J$ BA= 1*(+"(/,(0(/,( %( 4*(%(/,$ %" 4*(%(/,$+#M/ :$+,(*U0#+$c -9% :$+#-9% !*$0m/(8$,#V9%c +9/ %./,90$% /9 (%4(+.1#+9%c (%,9 #/+*(0(/,$ (- *#(%89 '( J(8#9/(--$ %44c 4$,M8(/9% $,#4#+9%c $/$(*9:#9% ( #/1(++#9/(% 09*,$-#'$' N :$+,(*#(0#$ /("09+M++#+$7 =9/%#'(*$* -$ ('$' 0#;,$%7 $V$/S$'$ N -$% (/1(*0('$'(% +9(;#%,(/,(% +909 1$+,9*(% #049*,$/,(% p"( $1(+,$/ -$ 4*(%(/,$+#M/ +-./#+$ '( -$ BA=7 I% KDF ?I IDEIHF@?ID #049*,$/,( %9%4(+3$* BA= (/ "/ $/+#$/9 p"( /9 4*(%(/,( 1#(:*( N ,(/8$ +9/1"%#M/c '(:#(/'9 $49N$*%( +9/ *$'#98*$1.$ J$ (V#'(/+#$ 3$ 09%,*$'9 p"( (/ -9% 4$+#(/,(% p"( ,#(/(/ '( ,M*$; N (;i0(/(% '( -$:9*$,9*#9 '( *",#/$ 4$*$ +9/1#*0$* $/,(+('(/,( '(- "%9 '( (%,(*9#'(% 9*$-(% -$ #/1(++#M/ 49* 9 (;+-"#* (- '#$8/M%,#+97 J$ (;4-9*$+#M/ 1.%#+$ 8(/(*$- '(:( J(8#9/(--$ %447(% 0i% 1*(+"(/,(7 I/ -9% 4$+#(/,(% +9/ I)F= (1(+,"$*%( '( 0$/(*$ *i4#'$ N $'(+"$'$ 4$*$ 49%,(*#9*0(/,( 4"('( %(* 0i% 1*(+"(/,( (- R$(0943#-"% #/1-"(/S$c <9*$;(--$ (1(+,"$* "/$ 0#/"+#9%$ *(V#%#M/ 1.%#+$ '( ,M*$; +9/ (- 1#/ '( +$,$**3$-#%c $"/p"( -9% 0#+*99*8$/#%09% (/+9/,*$'9% %9/ -9% '(%+$*,$* 9,*$% (/,#'$'(% /9%9-M8#+$% p"( +9(;#%,$/ 9 #0#,(/ 0#%09% p"( (/ -$ 49:-$+#M/ (/ 8(/(*$- +9/ /("09/.$ "/$ BA=7 $'p"#*#'$ (/ -$ +90"/#'$' +909 D 4/("09/#$(7
IE@FJF!eA
?@A!BCDE@=F
D,*(4,9+9+9 4/("09/#( %#8"( %#(/'9 (- 8(*0(/ 0i% 1*(+"(/,(0(/,( $#%-$'9 (/ +$%9% '( BA= (/ -$ 49:-$+#M/ 8(/(*$- f'(- L>q $- O[qg %(8"#'9 49* R(0943#--"% #/1-"(/S$ f(/,*( (- -7Tq $- >P qg D,$43#-9+9+9 $*("% f(/,*( (- \7a (a7Zqg fA/(;9 Y7Oc +"$'*9 Lg7 =9/ :$%( (/ -9% (%,"'#9%
J$ #'(/,#1#+$+#M/ '( 4$,M8(/9% N (- 4$,*M/ '( %(/%#:#-#'$' 4(*0#,(/ -$ %(-(++#M/ M4,#0$ '( "/ *U8#0(/ '( $/,#:#M,#+9%7 I- Z[q '( +$%9% +9/ #/1(++#M/ '( V.$ *(%4#*$,9*#$ :$k$ /9 %( #'(/,#1#+$ (- $8(/,( (,#9-M8#+9 N +"$/'9 %( --(8$ $ #'(/,#1#+$* >aY
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0(/ >\q -9% 9*8$/#%09% #'(/,#1#+$'9% %9/ 0X-,#4-(%7 I9*#/$7 J$ '(,(++#M/ '( -9% $/,.8(/9% %( $1(+,$ 49+9 +9/ (,*$,$0#(/,9 $/,#0#+*9:#$/9 '#*#8#'9 N +9/ (%4(+,*9 (%,*(+39 ,*$,$0#(/,9 $/,#0#+*9:#$/9 4*(V#97 J$ $/,#8(/(0#$ %( -#0#,$ (- +9%,9 '(- ,*$,$0#(/,9c -$ *(%#%,(/+#$ N -$% *($++#9/(% +9**(-$+#9/$ +9/ -$ 8*$V('$' +-./#+$7 J$ 4*"(:$ 4(*0$/(+( $'V(*%$%7 J9% (%,"'#9% 0#+*9:#9-M8#+9% 4(*0#,(/ (- 09/#,9*(9 49%#,#V$ (/ (- a\m[\q '( 4$+#(/,(% 49* 0i% '( Z '.$% '(%4"U% '(- (%4(+,*9 '( -9% 4$,M8(/9% p"( +$"%$/ BA= (/ (- ,#(049c '(- #/#+#9 '(- ,*$,$0#(/,97 J$ 4*"(:$ '( '(,(++#M/ '((%,9 4(*0#,( +9/9+(* -$ ,(/'(/+#$ $+(*+$ '( -$ (,#9-98.$ N $/,.8(/9 /("09+M+#+9 (/ 9*#/$ '(:( %(* *($-#S$'$ (/ ,9'9% %(/%#:#-#'$' $- $/,#:#M,#+97 J9% (;i0(/(% 0#+*9:#9-M8#+9% %( -9% 4$+#(/,(% +9/ BA= (/ -$% 09'$-#'$'(% '( 09'(*$'$ $ '(:(/ '( *($-#S$* (/ ,9'9% -9% 4$+#(/,(% +9/ 09'(*$'$ N $-,$ %(V(*$7 %(V(*#'$' '( BA= )$*$ 4$+#(/,(% +9/ %(V(*#'$' :$k$ '( BA=c J$ *($-#S$+#M/ '( -$ )=H (/ 0"(%,*$% '( +(4#--$'9 '( /$*#S 9 -$ *($-#S$+#M/ '( (;i0(/(% 0#+*9:#9-M8#+9% %( :$%$ (/ 8$*8$/,$ (% (;,*(0$'$0(/,( X,#- 4$*$ (- '#$8/M%,#+9 N 1$+,9*(% +-./#+9% f('$'c +9m09*:#-#'$' ( #/'#+$'9*(% '( ,*$,$0#(/,9 949*,"/9 '( -$% /("09/.$% 49* V#*"% '( -$ %(V(*#'$'gc (4#'(0#9-M8#+9% N ,*$,$0#(/,9 $/,#0#+*9:#$/9 #/1-"(/S$ " 9,*9% V#*"%c 9 +909 +94$,M8(/9 (/ -$ BA= 4*(V#97 ="$/'9 3$N$ "/$ (V#'(/+#$ 0#+*9:#9-M8#+$ +-$*$ '( "/ :$+,(*#$/$7 D( '(:( *($-#S$* -$ )=H 4$*$ '(,(+,$* V#*"% 4$,M8(/9 (%4(+.1#+9c (- ,*$,$0#(/,9 (04.*#+9 '(:( %(* *(%4#*$,9*#9% (/ BA= %(V(*$c 4$*,#+"-$*0(/,( %# /9 3$N +$0:#$'9 N (/19+$*%( $- 4$,M8(/9 (%4(+.1#+97 '#$8/M%,#+9 0#+*9:#9-M8#+97 J$ :$+,(*(0#$ (% ,$0:#U/ "/ 0$*+$'9* '( 8*$V('$' '( -$ J$ )=H 4$*$ '(,(+,$* A?B '(- /("09+9+9 ,#(/( "/$ (/1(*0('$'w -$% :$+,(*#$% p"( +$"%$/ BA= p"( +9/ 0i% %(/%#:#-#'$' '(- PTq N "/$ (%4(+#1#+#'$' '(- [Zm>\\q7 I%,$ 1*(+"(/+#$ %( $%9+#$/ +9/ :$+,(*(0#$ %9/2 D7 4/("09/#$(c R 4*"(:$ /9 (% +$4$S '( '#%,#/8"#* (/,*( +9-9/#S$+#M/ ( #/1-"(/S$(c D $"*("% N n 4/("09/#$(7 AX/ (/ -$ /("09/.$ #/1(++#M/ '(- ,*$+,9 *(%4#*$,9*#97 A+,"$-0(/,( -$ )=H 4$*$ /("09+M++#+$c -$ %(/%#:#-#'$' '( -9% 3(09+"-,#V9% (% '(- LTq7 /("09+9+9 ,#(/( 49+9 p"( 91*(+(* 4$*$ (- '#$8/M%,#+9 '( I%,9 +"(%,#9/$ -$ ",#-#'$' '( *($-#S$* '#+39 (%,"'#9 '( 0$/(*$ BA=c N$ p"( /9 ,#(/( %"1#+#(/,( %(/%#:#-#'$' N (%4(+#1#+#'$' *",#/$*#$ (/ -$ BA=c N$ p"( ,#(/( :$k$ %(/%#:#-#'$' N 49+9 4$*$ %" "%9 *",#/$*#97 #04$+,9 (/ (- ,*$,$0#(/,9 $/,#0#+*9:#$/97 J9% 3(09+"-,#V9% %9/ *(+90(/'$'9% 4$*$ ,9'9% -9% 4$+#(/,(% +9/ 09'(*$'$ $ J$ /("09/.$ 49* J(8#9/(--$ 4"('( %(* %(V(*$ N +9/ $-,$ %(V(*#'$' '( BA=c '( 4*(1(*(/+#$ $/,(% '(- ,*$,$0#(/,9 %#8/#1#+$,#V$ 09*,$-#'$'c 49* -9 p"( (- '#$8/M%,#+9 *i4#'9 (% $/,#0#+*9:#$/97 #049*,$/,( 4$*$ #/%,$"*$* (- ,*$,$0#(/,97 J$ '(,(++#M/ '( $/,.8(/9 "*#/$*#9 +9/,*$ J7 /("0943#-$ ,#(/( $-,$ J9% +"-,#V9% '( -$ (;4(+,9*$+#M/ 4"('(/ #'(/,#1#+$* (- $8(/,( (%4(+#1#+#'$' fv [Tqg N "/$ %(/%#:#-#'$' '( a\q7 ?(,(+,$ J7 +$"%$- (/ -$ BA=c #/+-"N(/'9 4$,M8(/9% /9 %9%4(+3$'9% N /("0943#-$ %(*98*"49 @7 J$ '(,(++#M/ '(- $/,.8(/9 "*#/$*#9 *(%#%,(/,(% $- ,*$,$0#(/,97 D#/ (0:$*89c '#+39% +"-,#V9% /9 +9/,*$ -(8#9/(-$ '(:( '( *($-#S$*%( (/ ,9'9% -9% 4$+#(/,(% +9/ %9/ %(/%#:-(% /# (%4(+.1#+9% N $ 0(/"'9 /9 +9/,*#:"N(/ $%(V(*#'$' $-,$ '( BA=7 ,*$,$0#(/,9 #/#+#$-7 I/ -9% 4$+#(/,(% +9/ BA= 09'(*$'$ N %(V(*$ p"( (;4(+,9*$/ 0$,(*#$- 4"*"-(/,9 N /9 3$/ *(+#:#'9 ,*$,$0#(/,9 $/,#0#+*9:#$/9c '(:(/ +"-,#V$*%( -$% 0"(%,*$% N *($-#S$* $/,#:#98*$0$7 I- V$-9* '( -$ ,#/+#M/ '( !*$0 (/ (;4(+,9*$+#M/ 3$ %#'9 $04-#$0(/,( '(:$,#'97 J$ 4*(%(/+#$ '( 8*$/ /X0(*9 '( '#4-9+9+9% 8*$0m49%#,#V9% (/ 0"(%,*$% 4"*"-(/,$% '( 4$+#(/,(% +9/ BA= 4"('( #/'#+$* /("09/.$ /("09+M++#+$7 J$ *($-#S$+#M/ 9 (- *(49*,( '( *",#/$ '( -$ ,#/+#M/ '( !*$0 (/ -$ (;4(+,9*$+#M/ '( ,9'9% -9% 4$+#(/,(% (% #//(+(%$*#9c 4(*9 4"('( $N"'$* $ -$ #/,(*4*(,$+#M/ '(- *(%"-,$'9 '(- +"-,#V97 J$% 0"(%,*$% '( (;4(+,9*$+#M/ '( 4$+#(/,(% p"( N$ *(+#:(/ $/,#:#M,#+9% /9 %9/ '( $N"'$ 4$*$ (%,$:-(+(* "/ '#$8/M%,#+9 0#+*9:#9-M8#+97 J9% $/,.8(/9% +9/,*$ /("09+9+9% 4"('(/ %(* '(,(+,$'9% (/ V$*#9% -.p"#'9% +9*49*$-(% '"*$/,( -$ #/1(++#M/ $+,#V$c #/+-"N(/'9 -$ (;4(+,9*$+#M/c (- -.p"#'9 4-("*$-c (- %"(*9 N -$
A-8"/9% (%,"'#9% 3$/ 09%,*$'9 (- V$-9* 4*('#+,#V9 '( -9% %#8/9% N %./,90$% '( BA=c /9 9:%,$/,( %( 3$ %"8(*#'9 -$ /(+(%#'$' '( +9/1#*0$+#M/ $ ,*$VU% '( -$ H; '( ,M*$;7 I/ "/ (%,"'#9 '( OT\ $'"-,9% (/ =$-#19*/#$ (/ '9/'( %( +904$*M -$ 4*(%(/+#$ '( %#8/9% N %./,90$% +9/ -$ *$'#98*$1.$ '( ,M*$; %( 9:,"V9 "/$ %(/%#:#-#'$' '( -$ H; '( ,M*$; '( [Tq +9/ "/ V$-9* 4*('#+,#V9 /(8$,#V9 '( [Lq N "/$ (%4(+#1#+#'$' '( TYq7 J$ %(/%#:#-#'$' N (%4(+#1#+#'$' '( -$ *$'#98*$1.$ '( ,M*$; +"$/'9 (- 4$+#(/,( 4*(%(/,$ P %#8/9% +-./#+9% f1#(:*(c ,9%c (;4(+,9*$+#M/ N (%,(*,9*(% :*9/+9 $-V(9-$*(%g (% '( [>7Zq N [Lq *(%4(+,#V$0(/,(7 J$% #0i8(/(% *$'#98*i1#+$% '( /("09/.$ %9/ 4*#/+#4$-0(/,(2 +9/%9-#'$+#M/ -9:$*c +9/%9-#'$+#M/ 0"-,#-9:$* 9 :*9/+9/("09/.$ ( #/1#-,*$'9 #/,(*%,#+#$-7 I/ OYmTZ q %( #'(/,#1#+$ '(**$0( 4-("*$- (/ -$ *$'#98*$1.$ '( ,M*$; #/#+#$-7 J9% +$0:#9% *$'#98*i1#+9% %( 3$/ 9:%(*V$'9 $ -$% '9% %(0$/$% '(%4"U% '(- '#$8/M%,#+9 (/ T>q '( -9% +$%9%c (/ YPq $ -$% P %(0$/$% N ZOq $ -$% Y %(0$/$%7 >aZ
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0(%,( 1"( '(%$**9--$'9 (/ KDA7 I%,i :$%$'9 (/ L\ V$*#$:-(% p"( I- '(,(*#9*9 (/ -$ #0$8(/ '( -$ H; '( ,M*$; '(%4"U% '( -$ $'0#%#M/ 39%4#,$-$*#$ %( 3$ 9:%(*V$'9 +9/ 0$N9* 1*(+"(/+#$ '(*#V$/ (/ "/ 4"/,$k( N p"( (% +$4$S '( (%,*$,#1#+$* $ -9% +9/ -(8#9/(-$ fYTqg N 4/("09+9+9 4/("09/$#( fTLqg7 I4$+#(/,(% (/ T +$,(89*.$% :$%$'$% (/ 09*,$-#'$' $ -9% O\ '.$%c '(,(*#9*9 *$'#98*i1#+9 3$ %#'9 *(49*,$'9 +$%# (/ -$ 0#,$' '( 1"( '(%$**9--$'$ 4$*$ #'(/,#1#+$* 4$+#(/,(% '( :$k9 *#(%89 '( -9% +$%9% '( D $"*("% 4/("09/#$7 I- '(,(*#9*9 *$'#98*i1#+9 09*,$-#'$' p"( %( 4"('(/ ,*$,$* +909 (;,(*/9%7fA/(;9 Y7Oc '(%4"U% '( -$ $'0#%#M/ 39%4#,$-$*#$ (% 0i% 1*(+"(/,( (/ +"$'*9 Pg7 I- 49*+(/,$k( =KH^ YT %( '(%$**9--M $ 4$*,#* '( 4$+#(/,(% $'"-,9% 0$N9*(% ‚ YT $r9%7 (%,"'#9% 4*9%4(+,#V9% '( 4$+#(/,(% +9/ BA= (/ O 4$.%(%w H(#/9 K/#'9c B"(V$ s(-$/'$ N -9% )$.%(% ^$k9%7 B9 3$N (V#'(/+#$ %9:*( (- V$-9* '( *(4(,#* -$ H; '( ,M*$; $ -$% Y %(0$/$% '(%4"U% '(- $-,$ 39%4#,$-$*#$ (/ -9% %"k(,9% p"( I- =KH^ YTc 9,9*8$ "/ 4"/,9 49* +$'$ 4$*i0(,*92 +9/1"%#M/c 3$/ (V9-"+#9/$'9 %$,#%1$+,9*#$0(/,(7 J$ H$'#98*$1.$ '( EM*$; "*($ 0$N9* '( O\085'-c 1*(+"(/+#$ *(%4#*$,9*#$ v O\ 49* '(:( *($-#S$*%( $ ,9'9 4$+#(/,( +"N9 '#$8/M%,#+9 '( BA= (%,( 0#/",9c 4*(%#M/ %$/8"./($ f%#%,M-#+$ 0(/9% '( [\ 00 R8 9 (/ '"'$ N$ p"( -$ Hh 4"('( $N"'$* $- '#$8/M%,#+9 '#1(*(/+#$'#$%,M-#+$ 0(/9% '( Y\ 00 38g N ('$' 0$N9* '( YT $r9%7 N (- #/#+#9 '(- 0$/(k9 '( -$ (/1(*0('$' $8"'$7 I% /(+(%$*#9 ^$%$'9 (/ -$ #/19*0$+#M/ '#%49/#:-( (/ -$ V$-9*$+#M/ #/#+#$- %( ,90$* "/$ 4-$+$ '( ,M*$; +"$/'9 -$ (V9-"+#M/ '(- 4$+#(/,( 4"('( (%,*$,#1#+$* $- 4$+#(/,( '( $+"(*'9 $- #/+*(0(/,9 '('"*$/,( (- %(8"#0#(/,9 /9 %($ %$,#%1$+,9*#$7 D( %"8#(*( *#(%89 '( 09*,$-#'$'2 4"/,$k( '( \w \7Zqc 4"/,$k( '( >w L7>qc *($-#S$* "/$ H; '( ,M*$; +"$/'9 %( %9%4(+3( p"( (- 4$+#(/,( 4"/,$k( '( Lw [7L qc 4"/,$k( '( O $ Tw >TmP\ q7 J$ +9m ,#(/( "/ *#(%89 $-,9 '( 4$,9-98.$ %":N$+(/,( +909 +i/+(* '( 09*:#-#'$' N -$% +#*+"/%,$/+#$% %9+#$-(% '(:(/ '( ,90$*%( (/ 4"-0M/7 D( '(:( %9-#+#,$* "/$ H; '( ,M*$; $ -$% Y %(0$/$% '(+"(/,$ +"$/'9 %( V$-9*$ -$ %(V(*#'$' '( -$ (/1(*0('$'7 $-,$ 39%4#,$-$*#$ (/ $p"U--9% 4$+#(/,(% +9/ 4(*%#%,(/+#$ '( I/ ,9'9% -9% 4$+#(/,(% (- =KH^ YT '(:( '( %(* #/,(*4*(,$'9 %./,90$% 9 %#8/9% 1.%#+9% 9 p"#(/(% ,(/8$/ "/ $-,9 *#(%89 '( (/ +9/k"/,9 +9/ (- k"#+#9 +-./#+9c $N"'$/'9 $ '(+#'#* %# (4$,9-98.$ 0$-#8/$ (%4(+#$-0(/,( 4$+#(/,(% v T\ $r9%7 B9 (% ,*$,$0#(/,9 %(*i $0:"-$,9*#9 9 %( *(1#(*(/ $- 39%4#,$-7 fA/(;9 /(+(%$*#9 *(4(,#* "/$ H; '( ,M*$; (/ -9% 4$+#(/,(% p"( $- $-,$ Y7Oc 1#8"*$ >g7 J9% 4$+#(/,(% +9/ =KH^ YT '( O 9 0i% ,#(/(/ 39%4#,$-$*#$ %" *(+"4(*$+#M/ +-./#+$ 3$N$ %#'9 %$,#%1$+,9*#$7 $-,9 *#(%89 '( 0"(*,( N '(:(/ %(* *(V#%$'9% 49* 0U'#+9 J$ BA= %( 4*(%(/,$ '(%'( "/$ 19*0$ -(V( $",9-#0#,$'$ 3$%,$ (%4(+#$-#%,$7 I/ -9% p"( ,#(/(/ =KH^ YT '( P N T '(:( '( "/$ (/1(*0('$' 1$,$- p"( $0(/$S$ -$ V#'$7 )$*$ (V$-"$* (V$-9*$*%( -$ /(+(%#'$' '( #/8*(%9 $ K=@7 J9% 4$+#(/,(% +9/ (%4(+,*9 '( -$ (/1(*0('$' %( 3$/ +9/%,*"#'9 ./'#+(% +9/ (=KH^ YT +9/ 4"/,$k( '( L ,#(/(/ *#(%89 09'(*$'9 '( 9:k(,#V9 '( (V$-"$* -$ %(V(*#'$' '( 4*(%(/,$+#M/ '( -$ 0"(*,(c (/ (--9% '(:( '( +9/%#'(*$*%( (- ,*$,$0#(/,9 (/ /("09/.$ N (- *#(%89 '( 0"(*,( +909 (- 09'(-9 4*('#+,#V9 39%4#,$-7 J9% 4$+#(/,(% +9/ =KH^ YT +9/ 4"/,$k( '( \ $ > '( 4*9/M%,#+9 f*#(%89 N ,*$,$0#(/,9g '( -$ BA=7 J$ '(+#%#M/ ,#(/(/ :$k9 *#(%89 '( 0"(*,(c (%,9% 4$+#(/,(% 4"('(/ %(* '(- %#,#9 0i% $4*94#$'9 '( -$ $,(/+#M/ '(- 4$+#(/,( +9/ BA= ,*$,$'9% +909 $0:"-$,9*#9%7 K/ 4$,*M/ %#0#-$* '( (% (- 4$%9 0i% #049*,$/,( (/ -$ '(+#%#M/ '(- ,*$,$0#(/,9 #/+*(0(/,9 '( -$ %(V(*#'$' '( -$ (/1(*0('$' 1"( *(49*,$'9 8-9:$-7 +"$/'9 %9-9 %( +9/%#'(*$*9/ -9% 4$*i0(,*9% +-./#+9% f=H^ YTg7 I- =H^ YTc 9,9*8$ "/ 4"/,9 49* +$'$ 4$*i0(,*92 +9/1"%#M/c I04-($/'9 $/i-#%#% 0"-,#V$*#$'9 -$% %#8"#(/,(% +$*$+,(*.%,#+$% 1*(+"(/+#$ *(%4#*$,9*#$ vO\ 49* 0#/",9c 4*(%#M/ %$/8"./($ %( 3$/ $%9+#$'9 +9/ "/ #/+*(0(/,9 '(- *#(%89 '( 09*,$-#'$'2 f%#%,M-#+$ 0(/9% '( [\ 00 R8 9 '#$%,M-#+$ 0(/9% '( Y\ 00 4*(%(/+#$ '( +909*:#-#'$'c #/+*(0(/,9 '( -$ ('$'c 1*(+"(/+#$ 38g N ('$' 0$N9* '( YT $r9%7 fA/(;9 Y7Oc +"$'*9 Tg7 *(%4#*$,9*#$ (-(V$'$c +9/1"%#M/ 0(/,$- 3#49,(/%#M/ $*,(*#$-c 3#49;(0#$c #/%"1#+#(/+#$ *(%4#*$,9*#$ c-("+9+#,9%#% c+$0:#9% I- *#(%89 '( 09*,$-#'$' 49* +$'$ 4$*i0(,*9 '(- =H^ YT 1"(2 *$'#9-M8#+9% 4*98*(%#V9% :#-$,(*$-(% N 3(09+"-,#V9 49%#,#V97 4"/,$k( '( \w >7Lqc )"/,$k( '( >w T7Oqc )"/,$k( '( Lw >L7L qc F,*9% 1$+,9*(% *(-$+#9/$'9% $ 09*,$-#'$' %9/2 -("+94(/#$ 4"/,$k( '( O $ Pw 0i% OOq7 I/ ,9'9% -9% 4$+#(/,(%c (- k"#+#9 0(/9* $ P ; >\[ R(0$,9+*#,9 0(/9* $ O\qc R(098-9:#/$ +-./#+9 '(- 0U'#+9 $49N$'9 49* -$ $4-#+$+#M/ '(- =H^ YTc 0(/9* $ [8’'Jc )$FL 0(/9* $ Y\ 00 R8 9 D$ FL 0(/9* $ $N"'$/ $ '(+#'#* %# (- ,*$,$0#(/,9 %(*i $0:"-$,9*#9 9 %( [\q *(%4#*$/'9 $#*( $0:#(/,(c =*($,#/#/$ 0$N9* '( >7T N ^KB *(1#(*( $- 39%4#,$- fA/(;9 Y7Oc 1#8"*$ Lg7 )$+#(/,(% +9/ =H^ YT 0$N9* $ L\ 085?-7 J$ V$-9*$+#M/ '( -$ 8*$V('$' '( -$ +9/ 4"/,$k( '( +(*9 ,#(/(/ :$k$ 09*,$-#'$' N 8(/(*$-0(/,( (/1(*0('$' '(4(/'( '( -$ (;4(*#(/+#$ '(- +-./#+9c 4(*9 (/9 *(p"#(*(/ 39%4#,$-#S$+#M/7 I/ -9% 4$+#(/,(% p"( ,#(/(/ =H^ k"#+#9 +-./#+9 3$ 09%,*$'9 p"( %":(%,#0$ -$ %(V(*#'$'7 YT +9/ 4"/,$k( '( > $ L %( #/+*(0(/,$ (- *#(%89 '( 09*,$-#'$' 49* -9 p"( '(:(/ %(* *(1(*#'9% $- 39%4#,$-c 4*#/+#4$-0(/,( I- e/'#+( '( %(V(*#'$' '( /("09/#$ f=KH^ YTgc (% (- 09'(-9 $p"(--9% +9/ 4"/,$k( '( L7 J9% 4$+#(/,(% p"( ,#(/(/ =H^ YT 0i% $04-#$0(/,( "%$'9 4$*$ +-$%#1#+$* -9% 4$+#(/,(% +9/ BA=c +9/ 4"/,$k( '( O 9 0i% ,#(/(/ $-,9 *#(%89 '( 0"(*,( N >aa
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0*(p"#(*(/ $'0#%#M/ "*8(/,( $- 39%4#,$-7 ="$/'9 %( '(+#'( 9;#8(/$+#M/ N (%,$'9 0(/,$-c o J$ 4*9,(./$ = *($+,#V$ '(:( ,*$,$0#(/,9 $0:"-$,9*#9c '(:(/ ,90$*%( (/ +"(/,$ -$% %(* (V$-"$'$ o H$'#98*$1.$ '( ,M*$; $- #/#+#9 N $- O(* '.$ '(+#*+"/%,$/+#$% %9+#$-(% '(- 4$+#(/,(7 '#$8/M%,#+97 J$ (-(++#M/ '(- $/,#:#M,#+9 %( 3$*i +9/ :$%( (/ -$ 1*(+"(/+#$ '(- $8(/,( 4$,M8(/9c 8*$V('$' '( -$ (/1(*0('$'c =9/ (- 9:k(,#V9 '( 0(k9*$* -$ (%,*$,#1#+$+#M/ '( -9% 4$+#(/,(% V.$ '( $'0#/#%,*$+#M/ '(- 1i*0$+9 N -"8$* '( -$ $,(/+#M/ '(p"( *(p"#(*(/ K/#'$' '( ="#'$'9% @/,(/%#V9%c -$ D9+#('$' 4$+#(/,(7 A0(*#+$/$ '( EM*$; 4*94"%9 (- "%9 '( +*#,(*#9% 0$N9*(% N 0(/9*(%7 J9% +*#,(*#9% 0(/9*(% %( 3$/ $04-#$'9 #/+-"N(/'9 J$ 0$N9*.$ '( -9% 4$+#(/,(% +9/ BA= *(+#:(/ ,*$,$0#(/,9 +9/ -$% V$*#$:-(% '(- =KH^ YT7 J9% 4$+#(/,(% +9/ "/ +*#,(*#9 0$N9* U;#,9 (/ %" +90"/#'$'c %#/ /(+(%#'$' '( "/ $#%-$0#(/,9 9 N M O +*#,(*#9% 0(/9*(% '(:(/ #/8*(%$* $ K=@ fA/(;9 Y7Oc #'(/,#1#+$+#M/ '(- 0#+*99*8$/#%097 I- ,*$,$0#(/,9 $/,#:#M,#+9 +"$'*9 Yg7 J$ $'0#%#M/ '#*(+,$ $ K=@ %(*i +"$/'9 (- 4$+#(/,( #/#+#$- %( '(:( '#*#8#* $- 0#+*99*8$/#%09 0i% (%4(*$'9c (/ *(p"#(*( V$%94*(%9*(% 9 ,#(/( #/%"1#+#(/+#$ *(%4#*$,9*#$ $8"'$ (%,( +$%9 (- D,*(4,9+9++"% 4/("09/#$(c 4*#/+#4$- $8(/,( p"( *(p"#(*( #/,":$+#M/ N $%#%,(/+#$ 0(+i/#+$ $ -$ +$"%$- (/ 0i% '(- T\q '( -9% +$%9% +9/ $#%-$0#(/,97 J9% V(/,#-$+#M/7 J$ $'0#%#M/ '#*(+,$ $ K=@ (% *(+90(/'$'$ 4$*$ (%,"'#9% 0#+*9:#9-M8#+9% #/ V#,*9 /9 3$/ 09%,*$'9 4$+#(/,(% +9/ > +*#,(*#9 0$N9* N59 O +*#,(*#9% 0(/9*(% '( %"4(*#9*#'$' '( -$% 1-"*9p"#/9-9/$% N 0$+*M-#'9% $+"(*'9 $ -$ D9+#('$' A0(*#+$/$ '(- EM*$;7 =9/%#'(*$* +909 f+-$*#,*90#+#/$ N $S#,*90#+#/$gc +9/ *(%4(+,9 $ -$ $09;#+#-#/$7 +*#,(*#9% '( (%,$:#-#'$' +-./#+$ -$ 0(k9*.$ (/2 ,(04(*$,"*$c I- $/,#:#M,#+9 '( (-(++#M/ 4$*$ D7 )/("09/#( 49* %" 1*(+"(/+#$ +$*'#$+$ N *(%4#*$,9*#$c 4*(%#M/ %#%,M-#+$c %(/%#:#-#'$' (% -$ $09;#+#-#/$ $ '9%#% '( T\\ 08c O V(+(% $- '.$ %$,"*$+#M/ '( 9;.8(/97 49* V.$ 9*$- f]7F7g 49* Z $ >\ '.$%7 I/ +$%9 '( #/,9-(*$/+#$ 9 3#4(*%(/%#:#-#'$' $ -$% 4(/#+#-#/$%c %( 4"('( '$* '9;#+#+-#/$ L\\ 08 #/#+#$-(% N -"(89 >\\ 08 +5>L 3*% ]7F 9 +-$*#,*90#+#/$ T\\ 08 V797 +5>L 3*%7 h Z $ >\ '.$%7 Ap"(--9% 4$+#(/,(% p"( EHAEA<@IBEF 4*(%(/,(/ BA= 09'(*$'$ 9 $-,9 *#(%89c '(:(/ *(1(*#*%( '( 0$/(*$ "*8(/,( $ "/ 39%4#,$-7 =9/%#'(*$* (/ $'"-,9% kMV(/(% J9% (%,"'#9% 3$/ 09%,*$'9 p"( (- *(49%9c ,90$* $:"/'$/,(% 4*(V#$0(/,( %$/9%c (0:$*$S$'$% ( #/0"/9%"4*#0#'9%c -$ -.p"#'9% N (V#,$* (- ,$:$+9 %9/ 0('#'$% p"( 0(k9*$/ -$ 49%#:#-#'$' '( #/1-"(/S$ %9:*( ,9'9 %# (% 4(*.9'9 (%,$+#9/$- 9 +9/'#+#M/ '(- 4$+#(/,( +9/ BA=7 J$ 1#%#9,(*$4#$ /9 3$ 3$N (4#'(0#$ +9/ -$ 1#/$-#'$' '( #/#+#$* ,*$,$0#(/,9 (04.*#+9 09%,*$'9 /#/8X/ :(/(1#+#9 (/ -9% 4$+#(/,(% +9/ BA=7 J$ +9/ 9%(-,$0#V#*7 fV(* !"#$ '( @/1-"(/S$ '(- @
-.p"#'9% @]7 H($-#S$* 4*91#-$;#% #/,*$V(/9%$ +9/ 3(4$*#/$ '( 8* ]7F I/ $'"-,9% kMV(/(% %$/9%c (0:$*$S$'$% ( :$k9 4(%9 09-(+"-$* 4$*$ $p"(--9% 4$+#(/,(% +9/ 4*9:-(0$% #/0"/9%"4*#0#'9%c '(:( +9/%#'(*$*%( -$ 49%#:#-#'$' '( '( 09V#-#S$+#M/7 D( '(:( +9/%#'(*$*2 o <('#+#M/ '( 8$%(% #/1-"(/S$ %9:*( ,9'9 %# (% 4(*.9'9 (%,$+#9/$- 9 3$N (4#'(0#$c $*,(*#$-(% (/ 4$+#(/,(% +9/ 1$--$ *(%4#*$,9*#$7 o I- $49*,( +9/ -$ 1#/$-#'$' '( #/#+#$* ,*$,$0#(/,9 (04.*#+9 +9/ /",*#+#9/$- o <9V#-#S$+#M/ ,(04*$/$ '(- 4$+#(/,( %# %"% 9%(-,$0#V#*7 fV(* !"#$ '( @/1-"(/S$ '(- @
a[
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,009*,$-#'$' (/ "/ >Tq7 D#/ (0:$*89c 49* %" 4*(%(/,$+#M/ 39%4#,$- '( -$ /("09/.$ '( %(V(*#'$' :$k$ $ 09'(*$'$7 A7 +-./#+$ /9 3$:#,"$-c (- '#$8/M%,#+9 '( BA= 4"('( %(* '#1.+#- (/ K/$ p"#/9-9/$ *(%4#*$,9*#$ fJ(V91-9;$+#/9 '( ZT\ 08c (- LLq '( -9% 4$+#(/,(%7 A- 4$+#(/,( p"( #/8*(%$ $ "/ 39%4#,$09;#1-9;$+#/9 '( P\\ 08g7 ^7 K/ … -$+,i0#+9 f=(1,*#$;9/$c #/0('#$,$0(/,( '(:( *($-#S$*%( *$'#98*$1.$ '( ,M*$;c 4$*$ +(19,$;#0$g 0i% "/ 0$+*M-#'9 f+-$*#,*90#+#/$c (*#,*90#+#/$g7 '(%+$*,$* 9 +9/1#*0$* -$ 4*(%(/+#$ '( BA=7 K/$ V(S =7 I/ 4$+#(/,(% $-U*8#+9% %( *(+90#(/'$ "/$ p"#/9-9/$ +9/1#*0$'9 (- '#$8/M%,#+9 '( BA= 49* *$'#98*$1.$ '( ,M*$;c (*(%4#*$,9*#$ f-(V91-9;$+#/9 '( ZT\ 08c 09;#1-9;$+#/9 '( P\\ 4$+#(/,( '(:( *(+#:#* '( #/0('#$,9 $/,#0#+*9:#$/9%7 I08g7 ,*$,$0#(/,9 '(:( #/#+#$*%( '(/,*9 '( -$% 4*#0(*$% P 39*$% '( I- 0$/(k9 '( $/,#:#M,#+9% (/ -$ BA= '( 09'(*$'9 N $-,9 #/8*(%9 $- 39%4#,$-7 J$ (-(++#M/ '(- $/,#:#M,#+9 %( 3$*i (/ :$%( *#(%89 (% %#0#-$* $- 0$/(k9 (/ +90"/#'$'c 49*p"( (- D7 $ -$ 1*(+"(/+#$ '(- $8(/,( 4$,M8(/9c %(V(*#'$' '( -$ )/("09/#$( (% (- 4*#/+#4$- +$"%$/,(c 9,*9 8U*0(/ p"( 4"('( (/1(*0('$'c V.$ '( $'0#/#%,*$+#M/ '(- 1i*0$+9 N -"8$* '( -$ +$"%$* -$ (/1(*0('$' (% -$ J(8#9/(--$ %4 I- ,*$,$0#(/,9 ]7F7 $,(/+#M/ '(- 4$+#(/,(7 (% 4*(1(*#:-( (/ (%,9% 4$+#(/,(%c -$ V.$ @] %( #/'#+$ %9-9 (/ A4*9;#0$'$0(/,( (- L\q '( -9% 4$+#(/,(% +9/ BA= %9/ 4$+#(/,(% 8*$V(% 9 +9/ #/,9-(*$/+#$7 J$ 0$N9*.$ '( -9% 39%4#,$-#S$'9% '(:#'9 $ -$ %(V(*#'$' '( -$ #/1(++#M/c *(%4"(%,$ 4$+#(/,(% +9/ BA= '( 09'(*$'9 *#(%89 4"('(/ %(* ,*$,$'9% #/%$,#%1$+,9*#$ $- ,*$,$0#(/,9 #/#+#$- 4*(%+*#,9 49* (- 0U'#+9 $'(+"$'$0(/,( +9/ $/,#:#M,#+9% 9*$-(%7 ="$/'9 (8(/(*$-c +9m09*:#-#'$' N +"#'$'9 #/$4*94#$'9 (/ %" +$%$7 ,*$,$0#(/,9 9*$- (%,i +9/,*$#/'#+$'9 (% 4*(1(*#:-( (I%,"'#9% *(,*9%4(+,#V9% +904$*$,#V9% '( (1#+$+#$ '( -$ ,*$,$0#(/,9 4$*(/,(*$-7 J$% 94+#9/(% '( ,*$,$0#(/,9 (04.*#+9 +90:#/$+#M/ '( … -$+,i0#+9% 0i% 0$+*M-#'9% V% -$ %( (/-#%,$/ $:$k9 N %( #/'#V#'"$-#S$*$/ %(8X/ -$ 8*$V('$'7 09/9,(*$4#$ '( 1-"9*9p"#/9-9/$c 3$/ '(09%,*$'9 p"( -$ Q-"9*9p"#/9-9/$ %9-$ f-(V91-9;$+#/9 ZT\08 ]7F7 9 @7]7 ,(*$4#$ +90:#/$'$ *('"+( %#8/#1#+$,#V$0(/,( -$ 09*,$-#'$'7 09;#1-9;$+#/9 P\\08 ]7F7 9 @] +5LP3*%g7 … -$+,i0#+9 J$% +9m09*:#-#'$'(% 9 -9% ,*$,$0#(/,9% $/,#0#+*9:#$/9% f+(19,$;#0$ > $ L 8*% @] +5a 3*% 9 +(1,*#$;9/$ L 8*% @] +5a 3*%g *(+#(/,(% $"0(/,$/ -$ 4*9:$:#-#'$' '( #/1(++#M/ +9/ D7 0i% "/ 0$+*M-#'9 f+-$*#,*90#+#/$ T\\ 08 +5>L3*%g7 … 4/("09/#$( '*989m*(%#%,(/,(% N :$+#-9% (/,U*#+9% !*$0 fmg7 -$+,i0#+9 f+(19,$;#0$ > $ L 8*% @] +5a 3*% 9 +(1,*#$;9/$ L 8*% )$*$ ,$-(% 4$+#(/,(%c -$% 94+#9/(% ,(*$4U",#+$% (04.*#+$% %9/2 @] +5a 3*%g 0i% 1-"9*9p"#/9-9/$c (/ 4$+#(/,(% $-U*8#+9% $ $g <9/9,(*$4#$ +9/ p"#/9-9/$ *(%4#*$,9*#$ f-(V91-9;$+#/9c 4(/#+#-#/$7 I/ $'"-,9% kMV(/(% %$/9%c (0:$*$S$'$% ( 09;#1-9;$+#/9 9 8(0#1-9;$+#/9g7 :g =90:#/$+#M/ '( "/ … #/0"/9%"4*#0#'9%c '(:( +9/%#'(*$*%( -$ 49%#:#-#'$' '( -$+,i0#+9 f+(19,$;#0$c +(1,*#$;9/$ 9 $04#+#-#/$g 0i% "/ #/1-"(/S$ %9:*( ,9'9 %# (% 4(*.9'9 (%,$+#9/$- 9 3$N (4#'(0#$7 0$+*M-#'9 f$S#,*90#+#/$c +-$*#,*90#+#/$ 9 (*#,*90#+#/$g7 J9% =9/%#'(*$* @/#+#$* ,*$,$0#(/,9 +9/ 9%(-,$0#V#*7 f](* !"#$ '( (%,"'#9% '9:-( +#(89 3$/ '(09%,*$'9 p"( (- (*,$4(/(/ @/1-"(/S$ '(- @
\ $ >P '.$%w %# 3$N 0(k9*.$ 4$%$* $ "/ (;+(-(/,( $+,#V#'$' +9/,*$ $/$(*9:#9%c D7 4/("09/#$( '*989 m ,*$,$0#(/,9 9*$- O '.$% '(%4"U% '( +"*%$* %#/ 1#(:*(7 *(%#%,(/,( N -$ 0$N9*.$ '( (%4(+#(% '( (/,(*9:$+,(*#$%c 4(*9 J$ 09*,$-#'$' %( #/+*(0(/,$ (/ 19*0$ #049*,$/,( (/ -9% /9 +9/,*$ 4%("'909/$%7 I/ 4$+#(/,(% +9/ :$k$ %(V(*#'$' '( +$%9% '( BA= '( $-,$ %(V(*#'$' N -$ (/1(*0('$' 4"('( -$ (/1(*0('$' p"( *(p"#(*(/ $'0#%#M/ 39%4#,$-$*#$ 49* 9,*$% 4*98*(%$* $/,(% '( p"( %( +"(/,( +9/ *(%"-,$'9% '( -9% *$S9/(%c ,$-(% +9092 +9m09*:#-#'$' 9 /(+(%#'$'(% %9+#$-(%c %( (%,"'#9% 0#+*9:#9-M8#+9%7 )$*$ (%,9% +$%9% (- D7 )/("09/#( 4*(1#(*( (- ,*$,$0#(/,9 +9/ $09;#+#-#/$7 J9% $8(/,(% +9/,#/"$ %#(/'9 (- 8(*0(/ 0i% 1*(+"(/,(w D7 A"*("% N -9% $-,(*/$,#V9% 4$*$ 4$+#(/,(% #/,9-(*$/,(% %9/ '9;#+#+-#/$ N -9% :$+#-9% (/,U*#+9% 8*$0 fmg %9/ 0(/9% +90"/(% 4(*9 +9/ $-,$ 0$+*M-#'9% f+-$*#,*90#+#/$ N (*#,*90#+#/$g7 I/ -9% 4$+#(/,(% 09*,$-#'$'c 49* -9 p"( %( *(+90#(/'$ (- "%9 '( p"( %9/ $'0#,#'9% (/ (- 39%4#,$- +9/ 09'(*$'$ %(V(*#'$' '( :(,$-$+,i0#+9% '( $04-#9 (%4(+,*97 A"/p"( (;#%,$ -$ -$ (/1(*0('$'c (- ,*$,$0#(/,9 (1(+,#V9 (% +9/ … -$+,i0#+9 +$4$+#'$' '(- 4$+#(/,( 4$*$ "%$* -$ V.$ 9*$-c -$ $'0#/#%,*$+#M/ f$09;#+#-#/$g 0i% 0$+*M-#'9 f+-$*#,*90#+#/$g7 D( 3$ #/,*$V(/9%$ '( $/,#:#M,#+9% (% '( (-(++#M/c -9 p"( %( 4*(,(/'( (%,$:-(+#'9 p"( +"$/'9 (- ,*$,$0#(/,9 9*$- /9 (% ,9-(*$'9c -$ (% -$ *i4#'$ '#%,*#:"+#M/ N $-,$% +9/+(/,*$+#9/(% '( -9% $09;#+#-#/$ 4$*(/,(*$- 9 4(/#+#-#/$ %9/ 91*(+#'$% +909 $/,#:#M,#+9% (/ %$/8*(7 J9% 4$+#(/,(% +9/ BA= '( $-,$ $-,(*/$,#V$7 J$ +-$*#,*90#+#/$ +$'$ >L 3 (% (- 0$+*M-#'9 %(V(*#'$' '(:(/ '( %(* ,*$,$'9% '( 0$/(*$ #/0('#$,$ +9/ 4*(1(*#'97 I/ 4$+#(/,(% #/,9-(*$/,(% $ -$ 4(/#+#-#/$ N (/ $/,#:#M,#+9% 49* V.$ 4$*(/,(*$-7 I- *U8#0(/ 0i% ",#-#S$'9 (% p"#(/(% (- ,*$,$0#(/,9 9*$- (% #/$4*94#$'9c -(V91-9;$+#/9 @] $09;#+#-#/$5$+#'9 +-$V"-i/#+9c +9/ (;+(-(/,( *(%4"(%,$ 4$*$ "/$ V(S $- '.$ 9 "/$ +90:#/$+#M/ '( +(1$-9%49*#/$ @] 0i% /("09+9+9c R #/1-"(/S$(c D7 $"*("% N $/$(*9:#9% J$% +-$*#,*90#+#/$ @] (% "/$ $-,(*/$,#V$ '( (-(++#M/7 J9% %#8"#(/,(% +(1$-9%49*#/$% N 1-"9*9p"#/9-9/$% (%,i/ #/'#+$'$% +909 *(8.0(/(% %9/ *(+90(/'$'9% 4$*$ (- ,*$,$0#(/,9 (/ ($-,(*/$,#V$% '( ,*$,$0#(/,9 4(*9 /9 %9/ -9% 0('#+$0(/,9% '( >[\
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,04*#0(*$ (-(++#M/7 I/ 4$+#(/,(% +9/ $-(*8#$ ,$/,9 $ 4(/#+#-#/$% $'0#/#%,*$+#M/ '( $/,#:#M,#+9% %(*i 49* ,#(049 4*9-9/8$'9c +909 $ +(1$-9%49*#/$%c -$ (-(++#M/ '(- (%p"(0$ $/,#:#M,#+9 (% %#/ p"( (;#%,$ $+,"$-0(/,( (V#'(/+#$ 4$*$ *(+90(/'$* (0i% '#1.+#- N +$'$ +$%9 *(p"(*#*i (V$-"$+#M/ #/'#V#'"$-#S$'$7 I,#(049 M4,#09 4$*$ -$ $'0#/#%,*$+#M/ '( '#+3$ ,(*$4#$7 I,*$,$0#(/,9 '( (-(++#M/ 4$*$ -$ BA= '( $-,$ %(V(*#'$' (% -$ '*(/$k( '(- $:%+(%9 4"-09/$* 0('#$/,( /("09,90.$ 4"('( +90:#/$+#M/ '( :(,$-$+,i0#+9% '( $04-#9 (%4(+,*9 +9/ (%,$* #/'#+$'9 (/ $-8"/9% +$%9%7 @/1(++#M/ <(,$%,i%#+$7 J9% 0$+*M-#'9% 49* V.$ #/,*$V(/9%$7 I/ 4$+#(/,(% +9/ $-(*8#$ $ 4$+#(/,(% +9/ BA= 4"('(/ '(%$**9--$* 9+$%#9/$-0(/,( 4(/#+#-#/$c "/$ +(1$-9%49*#/$ '( %(8"/'$ 9 ,(*+(*$ 8(/(*$+#M/ #/1(++#M/ 0(,$%,i%#+$c *(49*,i/'9%( 49* (%,$ +904-#+$+#M/ 4"('( ",#-#S$*%( k"/,9 +9/ "/ 0$+*M-#'9 (/ -"8$* '( 0(/#/8#,#%c 4(*#,9/#,#%c (/'9+$*'#,#% N $*,*#,#% %U4,#+$c 49* 9,*$ $09;#+#-#/$m$+#'9 +-$V"-i/#+97 4$*,(c %( 4"('( 4*(%(/,$* 4(*#+$*'#,#% 4"*"-(/,$ (/ *(-$+#M/ '#*(+,$ +9/ "/ (04#(0$7 J$ ,(*$4#$ (04.*#+$ #/#+#$- '(:(/ +9/%#'(*$*%( 9,*$% 49%#:#-#'$'(%c (/,*( U%,$%c '(,(*0#/$* 4*#0(*9 %# (I/ -9% 4$+#(/,(% p"( /9 4*(%(/,$/ -$ 0(k9*.$ (%4(*$'$c %( '#$8/M%,#+9 '( BA= (% (- +9**(+,97 D( '(:( (1(+,"$* "/$ '(:( (1(+,"$* "/$ *(V#%#M/ '(2 3#%,9*#$ +-./#+$c (;$0(/ 1.%#+9c *(V$-9*$+#M/ ,$/,9 +-./#+$ +909 *$'#9-M8#+$ :"%+$/'9 -$ (%p"(0$ '( $/,#:#M,#+9%c N '( ,9'9% -9% *(%"-,$'9% '( 49%#:#-#'$' '( "/ %(8"/'9 '#$8/M%,#+9 9 -$ #/%,$-$+#M/ '( "/$ 8$:#/(,( N -$:9*$,9*#9 49* "/ (;4(*,97 =9/ -$ 1#/$-#'$' '( +904-#+$+#M/ '( -$ BA= +909 '(**$0( 4-("*$- N59 (04#(0$c 9:,(/(* /"(V$ #/19*0$+#M/ (/ $p"(--9% 4$+#(/,(% %#/ 0(k9*.$ 19*0$+#M/ '( "/ $:%+(%9 4"-09/$* 9 #/+*(0(/,9 '( -$% *(4(,#* *$'#98*$1.$% '( ,M*$;c '(,(*0#/$+#M/ '( 4*9,(./$ = 94$+#'$'(%7 I/,*( -$% +$"%$% '( p"( /9 3$N$ *(%4"(%,$ $*($+,#V$c +9/,(9 '( +U-"-$% :-$/+$% $%. +909 *(+9-(++#M/ '( ,*$,$0#(/,9 %( #'(/,#1#+$/2 ('$' $V$/S$'$c +909*:#-#'$' /"(V9% (%4(+.0(/(% 4$*$ 4*"(:$% :$+,(*#9-M8#+$% N 8*$V( f'#$:(,(% 0(--#,"%c #/%"1#+#(/+#$ *(/$-c I)F=c (,+g N +9/%#'(*$* *(1(*(/+#$ '(- 4$+#(/,( +9/ /("0M-9897 J$ 1$+,9*(% '(- $8(/,( #/1(++#9%9 49* %" V#*"-(/+#$ #/,*./%(+$7 ,9*$+9+(/,(%#% ,(04*$/$ %( (/+"(/,*$ #/'#+$'$ (/ ,9'9% -9% 4$+#(/,(% +9/ '(**$0( 4$*$/("0M/#+97 A/,( -$ 4*(%(/+#$ '( I/,*( -9% 1$+,9*(% '( *#(%89 #/'(4(/'#(/,(% (/ -$ 1$-,$ '( (04#(0$ 1*$/+9 M -.p"#'9 4-("*$- +-$*9 +9/ 4R z Z7L %( '(:( *(%4"(%,$ $ -$ ,(*$4#$ %( 3$/ #'(/,#1#+$'9 -$ $1(+,$+#M/ (1(+,"$* '*(/$k( 0('#$/,( %9/'$ (/'94-("*$- 7 I/ -9% +$%9% 0"-,#-9:$*c /("09/.$ +$V#,$'$c 4*(%(/+#$ '( '(**$0( 4-("*$-c '( '(%$**9--9 '( $:%+(%9 4"-09/$* %( '(:(/ +9/%#'(*$* -$ (/1(*0('$' 3(4i,#+$ +9(;#%,(/,(c +i/+(*c (/1(*0('$' 4*(%(/+#$ '( $/$(*9:#9%c :$+#-9% (/,U*#+9% 8*$0/(8$,#V9% N D7 /("*9-M8#+$c /("09/.$ 49* $%4#*$+#M/c /("09/.$ 49* <#--(*#7 I/ $:%+(%9 4"-09/$* %( '(:( +9/%#'(*$* ,(*$4#$ -(8#9/(--$c /("09/.$ 49* 8*$0/(8$,#V9%c -("+94(/#$c $/,#09+*9:#$/$ 49* 0i% '( Y %(0$/$% '(4(/'#(/'9 '( (/1(*0('$' %(V(*$ $- 090(/,9 '( $'0#%#M/ N ,(*$4#$ *(4"(%,$ +-./#+$ N '(:( +9/%#'(*$*%( (- '*(/$k( p"#*X*8#+9 (/ $/,#0#+*9:#$/$ #/$'(+"$'$ fA/(;9 Y7Oc +"$'*9 ag7 $-8"/9% +$%9%7 D( '(:( +9/%#'(*$* p"( -$ $:%9*+#M/ 9*$- '( "/ $/,#:#M,#+9 %($ $'(+"$'$c N (/ +$%9 '( /9 3$:(* '$,9% '( 1$--$ (/ -$ 0#%0$c %( '(:(*i *(m(%p"(0$,#S$* (- *U8#0(/ '( $/,#:#M,#+9%7 A0#%09 ,#(049c %( '(:( *(V#%$* N *((;$0#/$* /"(V9% (%4(+.0(/(% 4$*$ (;+-"#* 4$,M8(/9% 0(/9% 1*(+"(/,(% +909 D7 A"*("%c 4$,M8(/9% $,.4#+9%c J(8#9/(--$ 44c V#*"% N
I- e/'#+( '( %(V(*#'$' '( B("09/#$ f=KH^ YTgc (% (- 09'(-9 0i% $04-#$0(/,( "%$'9 (/ (- ,*$,$0#(/,9 '( -$ BA=c (%,*$,#1#+$ $ -9% 4$+#(/,(% (/ T +$,(89*.$% :$%$'$% (/ 09*,$-#'$' $ -9% O\ '.$%7 F,9*8$ "/ 4"/,9 49* +$'$ 4$*i0(,*9 4*(%(/,(2 +9/1"%#M/c "*($ 0$N9* '( O\085'-c 4*(%#M/ %$/8"./($ f%#%,M-#+$ 0(/9% '( [\ 00 R8 9 '#$%,M-#+$ 0(/9% '( Y\ 00 38g N ('$' 0$N9* '( YT $r9%7 ^$%$'9 (/ -$ #/19*0$+#M/ '#%49/#:-( (/ -$ V$-9*$+#M/ #/#+#$- %( 4"('( (%,*$,#1#+$* $- 4$+#(/,( '( $+"(*'9 $- #/+*(0(/,9 '(- *#(%89 '( 09*,$-#'$' f4"/,$k( '( \w \7Zqc 4"/,$k( '( >w L7>qc 4"/,$k( '( Lw [7L qc 4"/,$k( '( O $ Tw >TmP\ qg7 J9% 4$+#(/,(% +9/ =KH^ YT '( O 9 0i% (%,i/ (/ (- *#(%89 $-,9 '( 0"(*,( N '(:(/ %(* V$-9*$'9% N 0$/(k$'9% 49* (- 0U'#+9 (%4(+#$-#%,$7 J9% p"( ,#(/(/ =KH^ YT '( P N T '(:(*i V$-9*$*%( -$ /(+(%#'$' '( #/8*(%9 $ K=@7 K/ 4$,*M/ %#0#-$* '( #/+*(0(/,9 '( -$ %(V(*#'$' '( -$ I/1(*0('$' 1"( *(49*,$'9 +"$/'9 %9-9 %( +9/%#'(*$*9/ -9% 4$*i0(,*9% +-./#+9% f=H^YTg7 I- *#(%89 '( 09*,$-#'$' 49* +$'$ 4$*i0(,*9 1"(2 4"/,$k( '( \w >7Lqc )"/,$k( '( >w T7Oqc )"/,$k( '( Lw >L7L qc 4"/,$k( '( O $ Pw 0$% OOq7 I/ -9% 4$+#(/,(% p"( ,#(/(/ =KH^ YT '( > $ L %( >[>
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0#/+*(0(/,$ (- *#(%89 '( 09*,$-#'$' 49* -9 p"( '(:(/ '( %(* 0i% 1*(+"(/,(0(/,( (/ $p"(--9% +9/ /("09/.$ %(V(*$ 9 p"( *(1(*#'9% $- R9%4#,$-c 4*#/+#4$-0(/,( $p"(--9% +9/ 4"/,$k( '( *(p"#(*(/ ,(*$4#$ +9/ 9;.8(/97 ?"*$/,( -$ 39%4#,$-#S$+#M/ -9% L7 J9% 4$+#(/,(% p"( ,#(/(/ =H^ YT '( O 9 0i% ,#(/(/ $-,9 *(%"-,$'9% '( -$:9*$,9*#9 p"( 3":#(*$/ *(%"-,$'9 4$,9-M8#+9% *#(%89 '( 0"(*,( N *(p"#(*(/ $'0#%#M/ "*8(/,( $- 39%4#,$-7 %( *(4(,#*i/ %(8X/ -$ (V9-"+#M/ +-./#+$ '(- 4$+#(/,(c p"( (/ -$ =9/ (- 9:k(,#V9 '( 0(k9*$* -$ (%,*$,#1#+$+#M/ '( -9% 4$+#(/,(% 0$N9*.$ '( -9% +$%9% %"(-( %(* %$,#%1$+,9*#$ (/ (- 4-$S9 '( O $ p"( *(p"#(*(/ K=@ -$ D9+#('$' A0(*#+$/$ '( EM*$; fDAEg Z '.$%7 ="$/,#1#+$* -$ 4*9,(./$ = *($+,#V$ N *(4(,#* -$ 4*94"%9 (- "%9 '( +*#,(*#9% 0$N9*(% N 0(/9*(% J9% +*#,(*#9% *$'#98*$1.$ '( ,M*$; (/ -9% 4$+#(/,(% p"( /9 4*98*(%$/ 0(/9*(% %( 3$/ $04-#$'9 #/+-"N(/'9 -$% V$*#$:-(% '(%$,#%1$+,9*#$0(/,( '(%4"U% '( O '.$% '( ,*$,$0#(/,97 =KH^YT7 )$+#(/,( +9/ BA= p"( +":*$ "/ +*#,(*#9 0$N9* N 9 O I/ (%,"'#9% 9:%(*V$+#9/$-(% N '( %(8"#0#(/,9 %( 3$ +*#,(*#9% 0(/9*(% '(:(/ '( #/8*(%$* $ K=@ fA/(;9 Y7Oc ="$'*9 *(49*,$'9 p"( -$ $-,(*$+#M/ '( "/9 9 0i% 1$+,9*(% Tg7 J$ $'0#%#M/ '#*(+,$ $ K=@ (% *(p"(*#'$ +"$/'9 (- 4$+#(/,( f,(04(*$,"*$c 1*(+"(/+#$ +$*'#$+$c 1*(+"(/+#$ *(%4#*$,9*#$c *(p"#(*( V$%94*(%9*(% 9 ,#(/( #/%"1#+#(/+#$ *(%4#*$,9*#$ $8"'$ (%,$'9 0(/,$-c 4*(%#M/ %$/8"./($c +$4$+#'$' '( ,9-(*$* -$ V.$ p"( *(p"#(*( #/,":$+#M/ N $%#%,(/+#$ 0(+i/#+$ $ -$ 9*$-g (/ -9% 4$+#(/,(% '$'9% '( $-,$ #/+*(0(/,$ -$ 09*,$-#'$' V(/,#-$+#M/7 J$ $'0#%#M/ '#*(+,$ $ K=@ (% *(+90(/'$'$ 4$*$ N -$ *($'0#%#M/ 39%4#,$-$*#$7 J9% 4$+#(/,(% '(:(*i/ %(* 4$+#(/,(% +9/ O +*#,(*#9% 0(/9*(% '( $+"(*'9 $ -$ DAE7 (V$-"$'9% LP 39*$% $/,(% '( %(* '$'9% '( $-,$ $ %" '90#+#-#9c /9 '(:(/ 4*(%(/,$* 0i% '( "/$ '( -$% %#8"#(/,(% +$*$+,(*.%,#+$%2 ,(04(*$,"*$ vOZ7a9c 1*(+"(/+#$ +$*'#$+$ v >\\50#/c 1*(+"(/+#$ *(%4#*$,9*#$ v LP50#/c 4*(%#M/ %$/8"./($ ]@!@JAB=@A G DI!K@<@IBEF %#%,M-#+$ z [\ 00R8c %$,"*$+#M/ '( 9;.8(/9 z [\qc B9 3$N (V#'(/+#$ %9:*( (- V$-9* '( *(4(,#* -$ *$'#98*$1.$ '( #/+$4$+#'$' 4$*$ ,9-(*$* -$ V.$ 9*$- N (%,$'9 0(/,$- $/9*0$-7 ,M*$; $ -$% Y %(0$/$% '(%4"U% '(- $-,$ 39%4#,$-$*#$ (/ -9% E9'9% -9% 4$+#(/,(% 39%4#,$-#S$'9% '$'9% '( $-,$ '(:(*i/ %(* %"k(,9% p"( 3$/ (V9-"+#9/$'9 %$,#%1$+,9*#$0(/,(7 B9 (% (V$-"$'9% $-*('('9* '( -$% Y %(0$/$% 49* (- 0U'#+9 '( /(+(%$*#9 *(4(,#* "/$ *$'#98*$1.$ '( ,M*$; (/ -9% 4$+#(/,(% 4*#0(* /#V(- 9 (/ %" R!s +9**(%49/'#(/,(7 ?"*$/,( (- $-,$ 9 (p"( $- $-,$ 39%4#,$-$*#$ %" *(+"4(*$+#M/ +-./#+$ 3$N$ %#'9 %(8"#0#(/,9 $- 4$+#(/,( %( -( '(:( 91*(+(* #/19*0$+#M/ %$,#%1$+,9*#$7 D( '(:( %9-#+#,$* "/$ H; '( ,M*$; $ -$% Y %(0$/$% $+(*+$ '( -$ BA=7 J9% 4$+#(/,(% +9/ +*#,(*#9% '( $-,$ %(V(*#'$' '(- $-,$ 39%4#,$-$*#$ (/ $p"U--9% 4$+#(/,(% +9/ 4(*%#%,(/+#$ '( '( -$ (/1(*0('$'c '(,(*#9*9 N $p"(--9% p"( /9 *(%49/'(/ %./,90$% 9 %#8/9% 1.%#+9% 9 p"#(/(% ,(/8$/ "/ $-,9 *#(%89 '( $'(+"$'$0(/,( $- ,*$,$0#(/,9 '(:(/ %(* ,*$/%1(*#'9% $ 4$,9-98.$ 0$-#8/$ (%4(+#$-0(/,( 4$+#(/,(% v T\ $r9%7 D( "/#'$'(% '( +"#'$'9% #/,(/%#V9%7 J$ 4(*%#%,(/+#$ '( 3#49;#$ (%4(*$ "/$ 0(k9*$ '( -$ (/1(*0('$' '(/,*9 '( -$% 4*#0(*$% +9/ )$FL z a|)$ $ 4(%$* '( -$ $'0#/#%,*$+#M/ 0i;#0$ '( Pa 39*$% (/ -9% 4$+#(/,(% +9/ BA= '( :$k$ %(V(*#'$'7 H(V#%$* 9;.8(/9c 3#4(*+$4/#$ 4*98*(%#V$c $+#'9%#% %(V(*$ f43 z Z7LYgc $- 4$+#(/,( +9/ BA= '( :$k$ %(V(*#'$' $ -$% Pa 39*$% '( +39p"( 9 '(,(*#9*9 (/ (- (%,$'9 '( $-(*,$ '(:(/ %(* #/#+#$'9 (- ,*$,$0#(/,9 9 $/,(% %# 3$N #/'#+$+#M/ +-./#+$c (/ $,(/'#'9% (/ "/#'$'(% '( +"#'$'9% #/,(/%#V9% 4$*$ $%#%,(/+#$ $p"(--9% 4$+#(/,(% p"( /9 0(k9*$/ +9/%#'(*( (- (/V.9 $V(/,#-$,9*#$ N $49N9 +$*'#9V$%+"-$*7 J9% 4$+#(/,(% +9/ BA= 39%4#,$- 9 %9-#+#,( *$'#98*$1.$ '( ,M*$;7 I/ 4$+#(/,(% +9/ :$k$ $'0#,#'9% $ "/#'$'(% '( +"#'$'9% #/,(/%#V9% '(:(*i/ %(* N 09'(*$'$ %(V(*#'$' '( -$ BA= (% 4*(1(*#:-( (- "%9 '( 0$/(k$'9% 49* (%4(+#$-#%,$% +9/ (/,*(/$0#(/,9 (/ +"#'$'9% $/,#:#M,#+9% 49* V.$ 9*$-7 I- 4$+#(/,( +9/ $-,$ %(V(*#'$' '( -$ #/,(/%#V9% (/ +9-$:9*$+#M/ (%,*(+3$ +9/ (- /("0M-9897 (/1(*0('$' '(:( %(* ,*$,$'9 +9/ 0('#+$0(/,9 V.$ 4$*(/,(*$-7 B9 (;#%,( *(+90(/'$+#M/ '(- ,#(049 4$*$ 3$+(* (+$0:#9 $ V.$ 9*$-c %( '(:( 3$+(* "/$ (V$-"$+#M/ #/'#V#'"$-#S$'$7 J9% 4$+#(/,(% ,*$,$'9% (/ 19*0$ #/#+#$- +9/ @B=A)A=@?A? $/,#:#M,#+9% 4$*(/,(*$-(% '(:(/ +$0:#$*%( $ V.$ 9*$- ,$/ 4*9/,9 +909 9+"**$ "/$ 0(k9*$ +-./#+$ N -$ ,(04(*$,"*$ %($ I;#%,( '(/,*9 '(- @
[L
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0%"%+(4,#:#-#'$' '(- 0#+*99*8$/#%09 $ -$% 0('#'$% ,(*$4U",#+$%c +"04-#0#(/,9 '(- ,*$,$0#(/,9 49* 4$*,( '((/1(*09 N (- ,$:$p"#%097
)3?"*%32+0$0 ,32!+&'* J$ 4*9:$:#-#'$' '( p"( "/$ 4(*%9/$ p"( %( (;49/( $ <7 ,":(*+"-9%#% $'p"#(*$ -$ #/1(++#M/c '(4(/'( '( -$ +9/+(/,*$+#M/ '( 4$*,.+"-$% #/1(++#9%$% %"%4(/'#'$% (/ ($#*(c -$ '"*$+#M/ N -$ +(*+$/.$ '( -$ (;49%#+#M/c +9/%#'(*$'9% 1$+,9*(% '( 0"N $-,9 *#(%89 4$*$ $'p"#*#* (%,$ #/1(++#M/7 J$ #/V(%,#8$+#M/ '( +9/,$+,9% (% "/ +9049/(/,( +*.,#+9 4$*$ (+9/,*9- '( -$ ,":(*+"-9%#% 49%,(*#9* $ -$ '(,(++#M/ '( "/ +$%9 '( ,":(*+"-9%#% $%. +909 %" ,*$,$0#(/,97 I- 0$N9* *#(%89 '( ,*$/%0#%#M/ 4$*$ -9% +9/,$+,9% (%,*(+39% '( 4$+#(/,(% '(%4"U% '( "/$ (;49%#+#M/ #/,(/%$ 9 4*9-9/8$'$c %( 4*(%(/,$ +"$/'9 (- (/1(*09 ,#(/( +$V(*/$%c -$% +"$-(% %( +9/%#'(*$/ 1$+,9*(% +$"%$-(% '( #/1(+,#V#'$'7 I% #/'#%4(/%$:-( (1(+,"$* (%+*",#/#9 '( E^ 4$*$ 4(*%9/$% p"( %( +9/%#'(*$/ +9/,$+,9% (%,*(+39% '( 4$+#(/,(% +9/ E^ +9/ +$V(*/$% $+,#V$%7 I/,*( (- O\q $- P\q '( -$% 4(*%9/$% #'(/,#1#+$'$% +909 +9/,$+,9% +(*+$/9% +9/ 4$+#(/,(% +9/ E^) '(%$**9--$/ E^) >[O
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70; 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+ 5#/,(*#9*5+$,$-989<$(%,*9! $,$-989<$(%,*9!)=73,0)=73,0-$,(/,(7 I% #/'#%4(/%$:-( (1(+,"$* (%+*",#/#9 '( E^ 4$*$ 4(*'#'$ '( 4(%9 9 1$--$ 4$*$ +*(+(* (/ /#r9%c 1#(:*( 4(*%9/$% p"( %( +9/%#'(*$/ +909 +9/,$+,9% (%,*(+39% '( #/(;4-#+$:-( N ,9% 4(*%#%,(/,( 49* 0i% '( '9% %(0$/$%c p"( 4$+#(/,(% +9/ E^) $+,#V$7 J9% 1$+,9*(% %9+#9(+9/M0#+9% +909 4"('( #* $+904$r$'$ '( 3(094,#%#%c +9/ $-8"/9% %./,90$% -9% (%,#-9% '( V#'$c -$ +"-,"*$c +*((/+#$% $+(*+$ '( -$ $'#+#9/$-(% +909 1#(:*( V(%4(*,#/$ 9 /9+,"*/$c %"'9*$+#M/ (/1(*0('$'c (%,#80$,#S$+#M/c 8U/(*9c ('$'c (- $-,9 +9%,9 N /9+,"*/$c 4(*'#'$ '( 4(%9c $%,(/#$c $'#/$0#$ N $,$p"( $'"*$+#M/ '(- 0$/(k9 #/,(8*$-c %9/ 1$+,9*(% p"( '(,(*0#/$/ ((%,$'9 8(/(*$-c (/ $'"-,9%c '(:( #/V(%,#8$*%( ,":(*+"-9%#% $:$/'9/9 $- ,*$,$0#(/,97 D( *(+90#(/'$ $/$-#S$* (- +9/,(;,9 4"-09/$*7 I/ ,9'$ 4(*%9/$ +9/ ,9% 4*9'"+,#V$ ‚ L %(0$/$% %( '( -$% /(+(%#'$'(% %9+#$-(%c -$ 09V#-#S$+#M/ '( -9% %#%,(0$% '( '(:( %9%4(+3$* E^)c 49* -9 ,$/,9 %( *(p"#(*( (1(+,"$* (%$-"'c -$ ('"+$+#M/ $ -$ +90"/#'$' N -$ (%,*(+3$ (%,"'#9 #/,(8*$- N -$ :X%p"('$ #/,(/+#9/$'$ '( <7 +90"/#+$+#M/ +9/ (- 4$+#(/,( N -$ 1$0#-#$ 4$*$ (V$-"$* (,":(*+"-9%#%7 4*9/M%,#+9 '(- $4(89 $ -$% *(+90(/'$+#9/(% J$ 4*"(:$ '( -$ ,":(*+"-#/$ f))?g %( +9/%#'(*$ 49%#,#V$ +9/ ‚ T 00c '( $+"(*'9 $ -$% %#8"#(/,(% +$*$+,(*.%,#+$%2 +$*$+,(*.%,#+$%2 E#(/(/ $-,$ 4*#9*#'$' 4$*$ (%+*",#/#9 '( E^2 >g J$% 4(*%9/$% +9/ 1$+,9*(% '( *#(%89 4$*$ '(%$**9--$* E^c Lg -$+,$/,(% N /#r9% >g =9/,$+,9 (%,*(+39 +9/ "/ +$%9 '( E^ $+,#V97 0(/9*(% '( P $r9%c Og =9/,$+,9% +(*+$/9% 1$0#-#$*(% 9 '( +9/8*(8$+#9/(%c Pg 4(*%9/$% p"( %( (/+"(/,*$/ '"*$/,( Lg =9m#/1(++#M/ +9/ ]@R #/'(4(/'#(/,(0(/,( '( %" (%,$'97 4*9+('#0#(/,9% 0U'#+9% (/ 4(*%9/$% +9/ E^ $+,#V$c N Tg E9'$% -$% 4(*%9/$% /90:*$'$% 49* (- 4$+#(/,( +909 Og F,*$% +9/'#+#9/(% '( #/0"/9+904*90#%97 #/0"/9+904*90#%97 +9/,$+,9% +(*+$/9% '"*$/,( (- 4(*#9'9 #/1(++#9%97 J9% Pg K%9 '( +9*,#+9(%,(*9#'(% +9*,#+9(%,(*9#'(% %#%,U0#+9% f4*('/#%9/$ >T 08 49* 4*98*$0$% '( %$-"' 4X:-#+$ '(:(/ #'(/,#1#+$* -$% "/ 0(% 9 0i%g7 949*,"/#'$'(% '( (%+*",#/#9 4$*$ ,":(*+"-9%#% +9/ :$%( (/ -$ (4#'(0#9-98.$ -9+$- N (/ %#,#9% '( $-,$% +9/+(/,*$+#9/(% '( #/'#V#'"9%7 E9'$% -$% $+,#V#'$'(% '( '(,(++#M/ '(:(/ %(* (V$-"$'$% 4(*#M'#+$0(/,( 4$*$ '(,(*0#/$* %" ",#-#'$'7 J9% -$:9*$,9*#%,$%c -$:9*$,9*#%,$%c +-./#+9% N *(%49/%$:-(% '( %$-"' 4X:-#+$ '(:(/ ,*$:$k$* k"/,9% 4$*$ '(%$**9--$* "/ %#%,(0$ #/,(8*$'9 p"( 0(k9*( (/ ,#(049 -$% 4*"(:$% '( -$:9*$,9*#9 N (- 1-"k9 $'(+"$'9 '( -$ #/19*0$+#M/ '( -9% *(%"-,$'9% 4$*$ -$ ,90$ '( '(+#%#9/(%7 J9% *(%49/%$:-(% '( -9% -$:9*$,9*#9% p"( ,*$:$k$/ +9/
Tg R#%,9*#$ '( ,*$/%4-$/,( '( M*8$/9% 9 '( 9,*$ ,(*$4#$ #/0"/9%"4*(%9*$7 Yg =$0:#9% 1#:*9%9% (/ *$'#98*$1.$ '( ,M*$; %"8(%,#V9% '( E^) #/$+,#V$7 Zg H$'#98*$1.$ 9 3$--$S89% +-./#+9% '( E^ $+,#V$7
?@A!BCDE@=F
J$ 4*"(:$ '( -$ ,":(*+"-#/$ %( +9/%#'(*$ 49%#,#V$ +9/ >\ 00 9 0$% 4$*$ %9%4(+3$ '( E^ $+,#V$c +"$/'9 /9 *(X/( -$% +$*$+,(*.%,#+$% $/,(*#9*(%7 I% #/'#%4(/%$:-( (1(+,"$* +909 (%+*",#/#9 -$ 4*"(:$ '( ,":(*+"-#/$ ,90$/'9 (/ +"(/,$ (- ,#49 '( 3"U%4(' +9/ -$% %#8"#(/,(% +9/%#'(*$+#9/(%2 ‘ D# -$ 4*"(:$ '( ,":(*+"-#/$ #/#+#$- (% /(8$,#V$c 4"('( *($-#S$*%( "/$ %(8"/'$ (/,*( > $ O %(0$/$% '(%4"U%7 D# -$ %(8"/'$ (% /(8$,#V$ -$ 4(*%9/$ %( +9/%#'(*$ /9 #/1(+,$'$7 ‘ D# -$ %(8"/'$ 4*"(:$ (% 49%#,#V$c (- 4$+#(/,( '(:( +-$%#1#+$*%( +909 #/1(+,$'9 4$*$ #/#+#$* 0$/(k9 $/,#1.0#+97
J9% %./,90$% +-./#+9% (/ (- '#$8/M%,#+9 '( E^) %9/ $0:#8"9%c %#/ (0:$*89 %( *(p"#(*( -$ :X%p"('$ #/,(/+#9/$'$ (/ /#r9% '(2 E9% ‚ L %(0$/$% (/ $"%(/+#$ '( 9,*$ +$"%$c 1#(:*(c 4U*'#'$ '( 4(%9 9 1$--$ 4$*$ +*(+(*7 I/ $'"-,9%2 E9% 4(*%#%,(/,( ‚ L %(0$/$%c 4*9'"+,#V$c (/ 9+$%#9/(% $+904$r$'$ '( 3(094,#%#%c +9/ %./,90$% $'#+#9/$-(% +909 1#(:*( V(%4(*,#/$ 9 /9+,"*/$c %"'9*$+#M/ /9+,"*/$c 4U*'#'$ '( 4(%9c $%,(/#$c $'#/$0#$7 I/ 4(*%9/$% +9/ ,9% %#/ (;4-#+$+#M/ N $,$p"( $- (%,$'9 8(/(*$- N (/ 4$+#(/,(% +9/ /("09/.$% $'p"#*#'$% (/ -$ +90"/#'$' p"( /9 0(k9*$*9/ '(%4"U% '( Z '.$% '( ,*$,$0#(/,97 J9% '$,9% +-./#+9% +909
I- (;$0(/ 0#+*9%+M4#+9 '(- (%4",9c (% "/ (%,"'#9 $-,$0(/,( (%4(+.1#+9 4$*$ (- '#$8/M%,#+9 '( E^)c 49* ,*(% *$S9/(%7 >g
[P
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70; 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+ 5#/,(*#9*5+$,$-989<$(%,*9! $,$-989<$(%,*9!)=73,0)=73,0(%4(+#1#+$+#9/(%2 ‘ I%,"'#9 0#+*9%+M4#+9 4$*$ :"%+$* :$+#-9% I;#%,(/ '#1(*(/,(% (%,"'#9% p"( '(0"(%,*$/ -$ (1(+,#V#'$' '(i+#'9m$-+939- *(%#%,(/,(% f^AAHg2 LP 39*$% ‘ ?(,(++#M/ '( (%p"(0$ ,(*$4U",#+9 $ %(#% 0(%(%c +9/ *(+$.'$ $ >a 0(%(% +*(+#0#(/,9 '( 0#+9:$+,(*#$% (/ +"-,#V92 >P '.$% ‘ 0(/9* '(- L7Tq7 @'(/,#1#+$+#M/ '( 0#+9:$+,(*#$%2 L> '.$%c N ‘ )*"(:$% '( ="$/'9 -$ 4*(V$-(/+#$ '( *(%#%,(/+#$ #/#+#$- $ RA@B (% ‚ Pqc %( %(/%#:#-#'$' $ 0#+9:$+,(*#$%2 O\ '.$% J9% %#8"#(/,(% *(+90#(/'$ "%$* (/ 4$+#(/,(% /9 ,*$,$'9% 4*(V#$0(/,( "/ *(%"-,$'9% '( -$:9*$,9*#9 '(:(/ %(* *(49*,$'9% $- +-./#+9 (/ (%p"(0$ '( +"$,*9 '*98$% :$+,(*#+#'$% '"*$/,( -$ 4*#0(*$ 19*0$ #/0('#$,$2 ‘ E#/+#M/ +9/ :$+#-9% i+#'9$-+9391$%( '( ,*$,$0#(/,9 4$*$ $%(8"*$* %" (1#+$+#$ N '( $+"(*'9 $*(%#%,(/,(% 9 +"-,#V9 49%#,#V9 ‘ @'(/,#1#+$+#M/ '( <7 (%p"(0$ %(-(++#9/$'9 4"('( $'0#/#%,*$*%( '#$*#$0(/,( 9 ,":(*+"-9%#% (/ +"$-p"#(* 0"(%,*$ ‘ D(/%#:#-#'$' ,*(% V(+(% 49* %(0$/$ '"*$/,( '9% 0(%(%7 J$ +9/,#/"$+#M/ +9/,#/"$+#M/ (/ $/,#0#+*9:#$/$ '( <7 ,":(*+"-9%#%c (%4(+#$-0(/,( +"$/'9 -9% -$ %(8"/'$ 1$%( %( *($-#S$ +9/ $- 0(/9% '9% '*98$% 4$*$ $#%-$0#(/,9% %($/ *(%#%,(/,(% I- (%,"'#9 0#+*9%+M4#+9 '(+904-(,$* %(#% 0(%(%7 I- ,*$,$0#(/,9 '#*(+,$0(/,( (%4",9 4$*$ -$ :X%p"('$ '( :$+#-9% i+#'9 $-+939- *(%#%,(/,(%c %"4(*V#%$'9c %"8(*#'9 49* -$ F
7aqg N 4$*$ $%(8"*$* -$ $'3(*(/+#$ $- ,*$,$0#(/,9c 4(*0#,( (%4(+#1#+#'$' f[Z7Tqg +9/ V$-9* 4*('#+,#V9 49%#,#V9 '( ZO7Oq N #'(/,#1#+$* $p"(--9% 4$+#(/,(% +9/ *#(%89 '( $:$/'9/9 '(/(8$,#V9 '( [Oq +904$*$'9 +9/ (- +"-,#V97 J$ 1*(+"(/+#$ '( 0#%09 N $ p"#(/(% '(%$**9--$/ (1(+,9% %(+"/'$*#9% $ -9% 49%#,#V#'$' '( $+"(*'9 $- /X0(*9 '( 0"(%,*$% '( (%4",9 (/ 1i*0$+9% $/,#1.0#+9%7 I- 0$/(k9 %"4(*V#%$'9 V(*#1#+$/'9 -$ -$ #/V(%,#8$+#M/ '( ^AAH (% -$ %#8"#(/,(2 TO7Zq 4$*$ -$ #/8(%,$ '( -9% 0('#+$0(/,9% -98*$ "/$ ,$%$ (-(V$'$ '( 4*#0(*$ 0"(%,*$c Y\7Lq 4$*$ -$ %(8"/'$c YO7[q 4$*$ -$ +"*$+#M/7 ,(*+(*$ N YT7Zq (/ -$ +"$*,$7 D( *(p"#(*(/ $- 0(/9% ,*(% 0"(%,*$% '( (%4",9 4$*$ (%,"'#9 0#+*9%+M4#+9 N :X%p"('$ '( I/ 4$+#(/,(% +9/ 1*$+$%9 ,(*$4U",#+9c -$ 4(*%#%,(/+#$ '( S9/$% ^AAHc -$% 0"(%,*$% '(:(/ (/V#$*%( $- -$:9*$,9*#9 '(/,*9 '( $-V(9-$*(% '(%,*"#'$% +9/ :*9/p"#(+,$%#$%c 3(094,#%#% 0$%#V$c -$% 4*#0(*$% LP 39*$% '( %" (0#%#M/7 I- +"-,#V9 '( (%4",9 4$*$ (%,(/9%#% :*9/p"#$- #**(V(*%#:-( N 1.%,"-$ :*9/+94-("*$-c (% "/$ 0#+9:$+,(*#$% (/ 4$+#(/,(% +9/ ]@R *(p"#(*( 0$N9* ,#(049 #/'#+$+#M/ 4$*$ ,*$,$0#(/,9 p"#*X*8#+97 I% #/'#%4(/%$:-( '( #/+":$+#M/ p"( (/ 4$+#(/,(% %#/ ]@Rc 49* -9 p"( %( (1(+,"$* (- %(8"#0#(/,9 +-./#+9 N *$'#9-M8#+9 (/ 19*0$ *(p"#(*( 0$N9* U/1$%#% (/ "/ +9/,*9- '( +$-#'$' $'(+"$'9 (/ (%,*(+3$c 4$*$ '(,(+,$* (/ 19*0$ 949*,"/$ +904-#+$+#9/(% 9 (%,9% +$%9%7 D( *(p"#(*( "/ +9/,*9- '( +$-#'$' 0"N (%,*#+,9 (/ 1*$+$%9 ,(*$4U",#+9 p"( *(p"#(*$/ '( 9,*9 ,#49 '( -9% +"-,#V9% 4$*$ -$ #/V(%,#8$+#M/ '( ,":(*+"-9%#%c ,$/,9 (/ #/,(*V(/+#9/(%7 0('#9% -.p"#'9% N %M-#'9%c %9:*( ,9'9 (/ *(-$+#M/ +9/ 4$+#(/,(% +9/ #/1(++#M/ 49* (- ]@R7 J$ /(:"-#S$+#M/ +9/ %9-"+#M/ %$-#/$ (%,U*#- 3#4(*,M/#+$ fOqg 4"('( %(* ",#-#S$'$ IV#'(/+#$ '( 1$-,$ '( *(%4"(%,$ +-./#+$ N 4(*%#%,(/+#$ '( 4$*$ 9:,(/(* -$ 0"(%,*$ '( (%4",9 (/ 4$+#(/,(% +9/ %9%4(+3$ 49%#,#V#'$' :$+,(*#9-M8#+$ (/ -$% 0"(%,*$% '( (%4",9 $ 4(%$* '( E^) N p"( /9 %($ 49%#:-( 9:,(/(* U%,$ '( 0$/(*$ '( ,*$,$0#(/,9 1$*0$+9-M8#+9 $'(+"$'97 )$+#(/,(% +9/ ]@R 9 (%49/,i/($7 J$ #/'"++#M/ '( -$ (;4(+,9*$+#M/ 4"('( (V#,$* -$ D@?A N +9#/1(++#M/ +9/ ,":(*+"-9%#% 4"-09/$*7 )$+#(/,(% +9/ *($-#S$+#M/ '( 4*9+('#0#(/,9% #/V$%#V9% (/ $p"(--9% 4$+#(/,(% E^) #/0#8*$/,(%c p"( 4*9V#(/(/ '( i*($% '( $-,$ p"( /9 4"('(/ (0#,#* (%49/,i/($0(/,( (- (%4",97 K/$ '( -$% (/'(0#+#'$'7 V(/,$k$% '( -$ ,U+/#+$ '( )=H (% %" *$4#'(Sc (- *(%"-,$'9 4"('( 9:,(/(*%( (/ $4*9;#0$'$0(/,( >\ 39*$%7 <7 ,":(*+"-9%#% 4"('( #'(/,#1#+$*%( #'(/,#1#+$*%( $X/ (/ 0"(%,*$% +9/ +"-,#V9% /(8$,#V9%7 J$ %(/%#:#-#'$' *(49*,$'$ 4$*$ )=Hc +"-,#V9 N (%,"'#9 0#+*9%+M4#+9 0#+*9%+M4#+9 (% '( [Zqc aaq N YTq *(%4(+,#V$0(/,(7 J$ )=H (% "/$ ,U+/#+$ $-,$0(/,( %(/%#:-( 4$*$ '(,(+,$* 0#+9:$+,(*#$% (/ (%4",9c $X/ +"$/'9 (- +"-,#V9 (% /(8$,#V9c %#/ (0:$*89 /9 '(:( %(* ",#-#S$'$ 4$*$ 09/#,9*#S$+#M/ '(,*$,$0#(/,97
EHAEA<@IBEF
)$*$ 0(k9*$* -$ $'3(*(/+#$ $- ,*$,$0#(/,9 $/,#1.0#+9c '(:( $%(8"*$*%( p"( (- 4$+#(/,( *(+#:$ (- ,*$,$0#(/,9 4*(%+*#,97 =$'$ @/%,#,"+#M/ '( D$-"' p"( 4*(%+*#:( ,*$,$0#(/,9 $/,#1.0#+9c '(:( +9/,$* +9/ "/ %#%,(0$ p"( :*#/'( %"4(*V#%#M/ '( -$ ,90$ '( 0('#+$0(/,9% N $49N9 4$*$ (+9/9+#0#(/,9 '( -$ (/1(*0('$' N -$ #049*,$/+#$ '(- $4(89 '(- 4$+#(/,( $- ,*$,$0#(/,97 J9% 4$+#(/,(% p"( 4*(%(/,$/ (/ (%4",9 ^AAH 49%#,#V9 $- p"#/,9 0(% '( ,*$,$0#(/,9c '(:(/ %(* +9/%#'(*$'9% +909 1$--$ ,(*$4U",#+$c 49* -9 +"$- %( ,(/'*i p"( *(V$-9*$* (- ,*$,$0#(/,9 $/,#1.0#+97 E9'9% -9% 4$+#(/,(% +9/ ,":(*+"-9%#% 4"-09/$* '(:(/ %(* 09/#,9*#S$'9% 4$*$ (V$-"$* -$ *(%4"(%,$ ,(*$4U",#+$ 0('#$/,( (- (%,"'#9 0#+*9%+M4#+9 '(- (%4",9c $- 0(/9% '9% 0"(%,*$% $- +904-(,$* >[T
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70; 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+ 5#/,(*#9*5+$,$-989<$(%,*9! $,$-989<$(%,*9!)=73,0)=73,0-$ 1$%( #/#+#$- f'9% $ ,*(% 0(%(%gc $ -9% T 0(%(% N $- ,U*0#/9 '(,*$,$0#(/,97 J9% 4$+#(/,(% p"( 4*(%(/,(/ +"$'*9 +-./#+9c %($/ :$+#-.1(*9% N p"( #/#+#(/ ,*$,$0#(/,9c *(p"#(*(/ '( #/+$4$+#'$' '"*$/,( O\ '.$%c 9 3$%,$ p"( -$% :$+#-9%+94#$% %($/ /(8$,#V$%7 ="$/'9 -$% :$+#-9%+94.$% %9/ /(8$,#V$% (- 4$+#(/,( 4"('( *(8*(%$* $ -$:9*$*7 ="$/'9 (- 4$+#(/,( 4(*%#%,( +9/ :$+#-9%+94#$% 49%#,#V$%c %( '(:( (/V#$* $ +"-,#V9c *(V$-9*$+#M/ ,(*$4U",#+$ N '(:( +9/,#/"$* +9/ #/+$4$+#'$' 3$%,$ %" /(8$,#V#S$+#M/7
>",')$)$0 % J$ 3(4$,#,#% = +9/%,#,"N( "/$ +$"%$ #049*,$/,( '( 0"(*,( 4*(0$,"*$c 4*('90#/$/,(0(/,( (/ 390:*(%c +9/ (,/#$ 3#%4$/$ N 0$N9*(% '( Y\ $r9% '( ('$'7 I- $"0(/,9 (/ -$ ('$' (/ (- 090(/,9 '( #/1(++#M/ 49* ]R=c %( $%9+#$ +9/ "/$ 0$N9* 4*98*(%#M/ '( -$ 1#:*9%#% 3(4i,#+$ N *('"+( (- ,#(049 '(%'( -$ #/1(++#M/ $ +#**9%#%7 J$ ('$' v P\ $r9% (/ (090(/,9 '( -$ #/1(++#M/ (% 4$*,#+"-$*0(/,( $%9+#$'$ +9/ "/$ 0$N9* N *i4#'$ 4*98*(%#M/ '( -$ 1#:*9%#% 3(4i,#+$7 I%,"'#9% 9:%(*V$+#9/$-(% %"8#(*(/ p"( -$ 4*98*(%#M/ '( -$
>[Y
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70; 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+ 5#/,(*#9*5+$,$-989<$(%,*9! $,$-989<$(%,*9!)=73,0)=73,0(/1(*0('$' (% 0i% *i4#'$ (/ 4$+#(/,(% A1*9m$0(*#+$/9% (/ +9/%"09 '( $-+939- (/ $p"(--9% 4$+#(/,(% +9/ $/,#mR=] +904$*$+#M/ +9/ /9 A1*9m$0(*#+$/9%7 A1*9m$0(*#+$/9%7 49%#,#V9 N 190(/,$* (- +9/,*9- '( 4(%97 J9% 4$+#(/,(% +9/ #/1(++#M/ 49* ]R= p"( ,#(/(/ +9#/1(++#9/ 4$%$'$ 9 *(+#(/,( J$ #/1(++#M/ +*M/#+$ 49* ]R= %( $%9+#$ +9/ "/ *#(%89 49* V#*"% '( 3(4$,#,#% ^ (% 0i% 4*9:$:-( p"( 4*98*(%#M/ %#8/#1#+$,#V9 '( 4*98*(%#M/ $ +#**9%#% N +$*+#/90$ $+(-(*$'$ '( -$ (/1(*0('$'7 J$ V$+"/$+#M/ +9/,*$ 3(4$,#,#% A 3(4$,9+(-"-$*7 K/ ./'#+( '( 0$%$ +9*49*$- v LT %( $%9+#$ +9/ (% *(+90(/'$'$ (/ ,9'9% -9% 4$+#(/,(% +*M/#+$0(/,( #/+*(0(/,9 (/ (- *#(%89 '( (%,($,9%#% 3(4i,#+$7 I- ,$:$p"#%09 #/1(+,$'9% +9/ ]R= %#/ #/0"/#'$' 4$*$ 3(4$,#,#% Ac '(:#'9 $ (% "/ 1$+,9* '( *#(%89 #/'(4(/'#(/,( '( #/1-$0$+#M/ N 1#:*9%#% p"( (;#%,( (V#'(/+#$ '( "/ #/+*(0(/,9 (/ (- *#(%89 '( (/ 4$+#(/,(% +9/ #/1(++#M/ +*M/#+$ 49* ]R=7 I% 4*#9*#,$*#9 '(%$**9--$* 3(4$,#,#% A $8"'$ 1"-0#/$/,( D( '(:( +9/%#'(*$* #04-(0(/,$* 0('#'$% '( 4*(V(/+#M/ 4*#0$*#$ ( #'(/,#1#+$+#M/ -$ V$+"/$+#M/ +9/,*$ 3(4$,#,#% A N ^ (/ 4$+#(/,(% #/1(+,$'9% '( 1$+,9*(% '( *#(%89 (/ 49:-$+#M/ (/ *#(%897 D( '(:( +9/ 3(4$,#,#% =7 ="$/'9 %( (%,#0( -$ ,$%$ '( 4*98*(%#M/ '( #/19*0$* $ -9% 4$+#(/,(% +9/ #/1(++#M/ +*M/#+$ 49* ]R=c p"( ((/1(*0('$' $V$/S$'$ (/ 4$+#(/,(% +9/ #/1(++#M/ 49* ]R= %( ,$:$p"#%09 N (- +9/%"09 '( $-+939- 4"('(/ $+(-(*$* -$ '(:( +9/%#'(*$* -$ ('$'c 8(/(*9c (,/#$c (%,#-9% '( V#'$ N (4*98*(%#M/ '( -$ (/1(*0('$' 3(4i,#+$7 I- V#*"% '( 3(4$,#,#% = $/,(+('(/,( '( #/1(++#M/ $+,#V$ 9 4*(V#$ 49* 3(4$,#,#% ^7 f]R=g /9 %( ,*$/%0#,( $ ,*$VU% '( $:*$S9%c :(%9%c 49* +904$*,#* ",(/%#-#9% 4$*$ $-#0(/,9% /# 0('#$/,( -$ J$ 4*(V$-(/+#$ '( %(*949%#,#V#'$' 4$*$ $/,# ]R=c (/+9/,*$'$ $'0#/#%,*$+#M/ '( %(/9 0$,(*/97 J$% 1"(/,(% 49,(/+#$-(% '( (/ *(8#9/(% '(- %"*(%,( '(
7>qg (% %#0#-$* $ -$ ,*$/%0#%#M/ '( V#*"% '( 3(4$,#,#% =c #/+-"N(2 4(*%9/$% 4*(V$-(/+#$ #/19*0$'$ (/ 4$.%(% -$,#/9$0(*#+$/9% +909 3(09,*$/%1"/'#'$%c (04-(9 '( '*98$% (/'9V(/9%$%c =9-90:#$ N ](/(S"(-$ ( #/+-"%9 (/ 49:-$+#M/ $:#(*,$ '( $4-#+$+#M/ '( ,$,"$k(%c 4#(*+#/8 N *(",#-#S$+#M/ '( $8"k$% 4$.%(% '(%$**9--$'9% +909 Q*$/+#$ f>7>qg7 J$ 3(4$,#,#% = (% "/ ,(*$4U",#+$%7 J$% +9/'#+#9/(% $%9+#$'$% +9/ $-,$ 4*(V$-(/+#$ 4*9:-(0$ '( %$-"' 4X:-#+$ (0(*8(/,( (/
[[Yc N '( 0$/(*$ %(+"/'$*#$ ,*$:$k$'9*(% '( -$ %$-"'c 4$+#(/,(% %90(,#'9% $ ,*$%4-$/,( N 49* "%9 '( '*98$% N '( ,#49 %(;"$-7 I/ ,9'$% -$% 4(*%9/$% +9/ (/ $p"(--9% +9/ (-(V$+#M/ #/(;4-#+$:-( '( $0#/9,*$/%1(*$%$%7 1$+,9*(% '( *#(%89 4$*$ #/1(++#M/ 49* (- V#*"% '( 3(4$,#,#% =c %( F,*9% 1$+,9*(% '( *#(%89 '( #/1(++#M/ 49* 3(4$,#,#% = #/+-"N(/2 '(:(/ *($-#S$* (%,"'#9% '( '(,(++#M/ (%4(+.1#+9%7 D( '(:( 3#%,9*#$ '( ,*$/%1"%#M/ %$/8"./($ 9 %"% '(*#V$'9%c *($-#S$* 4*"(:$% '( '(,(++#M/ 4$*$ #/1(++#M/ 49* ]R= +909 4*90#%+"#'$' %(;"$-c %(;"$-c 390:*(% p"( ,#(/(/ %(;9 +9/ 390:*(%c 4*"(:$ #/#+#$- (/ 49:-$+#9/(% '( $-,9 *#(%892 '9/$'9*(% '( 3#k9 '( 0$'*( #/1(+,$'$ 49* (- V#*"% =c (04-(9 '( ,$,"$k(% 9 %$/8*(5,(k#'9%c 4$+#(/,(% (/ 3(09'#i-#%#% N (/ ,*$:$k$'9*(% 4(*19*$+#9/(% +9*49*$-(%7 A/,( -$ %9%4(+3$ '( "/9 '( -9% '( -$ %$-"' p"( *($-#S$/ 4*9+('#0#(/,9% p"( -9% 3$+(/ 1$+,9*(% '( *#(%89c %( '(:( (V#,$* +904$*,#* #/%,*"0(/,9% 4*9+-#V(% $ *#(%89 '( ,*$/%0#%#M/7 4"/S9 +9*,$/,(% '( "%9 4(*%9/$- f*$%,*#--9c f*$%,*#--9c +(4#--9% '( '#(/,(%c +9*,$m"/$%g7 I- *#(%89 '( ,*$/%0#%#M/ '( 3(4$,#,#% = (/ (0('#9 4(/#,(/+#$*#9 4(/#,(/+#$*#9 (% '(- Oa7Tq7 A ,9'$ 4(*%9/$ p"( #/8*(%$ ?@A!BCDE@=F $ "/ *(+-"%9*#9c 4*('90#/$/,(0(/,( (/ $p"(--9% +9/ 1$+,9*(% '( *#(%89c %( '(:( +9/%#'(*$* (- 91*(+(* -$ *($-#S$+#M/ V9-"/,$*#$ '( "/ (%,"'#9 %(*9-M8#+9 '( $/,#m]R=7 I?@A!BCDE@=F =JeB@=F G I]AJKA=@CB @B@=@AJ #/,(*+$0:#9 '( (p"#49 '( #/N(++#M/ (/ "%"$*#9% '( '*98$%c (% (- 4*#/+#4$- 0('#9 '( ,*$/%0#%#M/ '( ]R= (/ 4$.%(% I- '#$8/9%,#+9 '( 3(4$,#,#% +*M/#+$ 3$:#,"$-0(/,( %( 3$+( (/ '(%$**9--$'9%7 '(%$**9--$'9%7 J9% 1$+,9*(% p"( #/1-"N(/ (/ 0$N9* 4*98*(%#M/ 19*0$ #/(%4(*$'$ (/ 4$+#(/,(% $%#/,90i,#+9% +9/ '( -$ (/1(*0('$' $ +#**9%#% %9/2 $-+939- vT\ 8*5'c 9:(%#'$'c $/,(+('(/,(% '( ,*$/%1"%#M/ '( %$/8*( 9 %"% '(*#V$'9%c (/ ('$' vT\ $r9%c %(;9 0$%+"-#/9c 8*"49 U,/#+9c V$-9*(% '( AJE p"#(/(% %( '(,(+,$ -$ 4*(%(/+#$ '( $/,#+"(*49% +9/,*$ (- ]R= N ADE %U*#+$%c +9#/1(++#9/ +9/ R@]c ]R^c 8*$'9 '( $+,#V#'$' (/ %"(*97 D( '(:( 91*(+(* 4*"(:$ '( '(,(++#M/ +9/,*$ ]R= #/1-$0$,9*#$ N (- (%,$'9 3#%,9-M8#+97 I;#%,( "/ #/+*(0(/,9 (/ (/2 4$+#(/,(% +9/ (-(V$+#M/ 4(*%#%,(/,( ( #/(;4-#+$:-( '( -$ ,$%$ '( 4*98*(%#M/ $ (,$4$% $V$/S$'$% '( -$ (/1(*0('$' $-$/#/9 $0#/9,*$/%1(*$%$c $p"(--$% +9/ "%9 '( '*98$% 3(4i,#+$ (/ 4$+#(/,(% +9/ ]R= N +9#/1(++#9/ +9/ R@] V(*%"% #/,*$V(/9%$%c 49*,$'9*(% ]@Rc 4(*%9/$% p"( *(+#:#(*9/ 4$+#(/,(% p"( %9-9 ,#(/(/ #/1(++#M/ 49* ]R=7 I- +9/%"09 '( ,*$/%1"%#M/ '( %$/8*( 9 '(*#V$'9% $/,(% '(- $r9 >[[Y N (/ $-+939- /9 %9-9 ,#(/( (1(+,9 $'#,#V9 4$*$ -$ 4*98*(%#M/ $ -$ 4(*%9/$% p"( 3$/ ,(/#'9 +9/,$+,9 %(;"$- +9/ 49*,$'9*(% '( +#**9%#%c %# /9 ,$0:#U/ %#/U*8#+9 D( *(+90#(/'$ (V#,$* (]R=7 E9'9 "%"$*#9 '( '*98$%c #/1(+,$'9 49* ]R=c '(:( *(+#:#* >[Z
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0$%(%9*$0#(/,9 %9:*( -$% 0('#'$% 4$*$ 4*(V(/#* -$ ,*$/%0#%#M/ =*93/c (/,*( 9,*$%g7 D( '(:( 9:,(/(* "/$ 4*"(:$ '( '( -$ #/1(++#M/ $ 9,*9% "%"$*#9%7 D( '(:( $+9/%(k$* $ -$% (0:$*$S9 (/ 0"k(*(% p"( %( (/+"(/,*$/ (/ ('$' 4(*%9/$% #/1(+,$'$% +9/ ]R=c (V#,$* +904$*,#* +(4#--9 '( *(4*9'"+,#V$7 =$:( *(+9*'$* p"( (- (0:$*$S9 +9/%,#,"N( "/$ '#(/,(% 9 ",(/%#-#9% '( $1(#,$*c +904$*,#* 9 *(",#-#S$* k(*#/8$%c +9/,*$#/'#+$+#M/ 4$*$ *(+#:#* *#:$V#*#/$c '(:#'9 $ p"( (% "/ '9/$* %$/8*(c M*8$/9% N ,(k#'9%7 D( '(:( *(+90(/'$* *($-#S$* 1i*0$+9 ,(*$,M8(/97 I/ 4$+#(/,(% %#/ 1$+,9*(% '( *#(%89 4$*$ 4*i+,#+$% '( %(;9 %(8"*97 D( '(:( #/19*0$* $ -$% 4(*%9/$% (/1(*0('$' '( *(,#/$ (% *(+90(/'$:-( *($-#S$* "/$ #/1(+,$'$% 49* ]R= -$% 0('#'$% 4$*$ (V#,$* -$ ,*$/%0#%#M/ '( (V$-"$+#M/ 91,i-0#+$ :$%$- 4*(V#$ $- #/#+#9 '( ,*$,$0#(/,97 I/ -$ #/1(++#M/ $ 9,*$% 4(*%9/$%7 D( '(:( *(+90(/'$* $ -$% 4$+#(/,(% +9/ 1$+,9*(% '( *#(%89 '( (/1(*0('$' *(,#/#$/$ 4(*%9/$% +9#/1(+,$'$% +9/ ]R=5R@]c *($-#S$* 4*i+,#+$% '( %(;9 f'#$:(,(%c 3#4(*,(/%#M/g -$% *(V#%#9/(% 49* (- 0('#+9 %(8"*9 N 190(/,$* (- "%9 '( 4*(%(*V$,#V97 ?$'9 p"( +#(*,$% 91,$-0M-989 '(:(*i %(* :$%$- N '"*$/,( (- ,*$,$0#(/,9 +9/ -$ +9#/1(++#9/(% #/+*(0(/,$/ (- *#(%89 '( '$r9 3(4i,#+9c %( 1#/$-#'$' '( #'(/,#1#+$* +"$-p"#(* $-,(*$+#M/ 0#(/,*$% *(+#:$/ '(:( #/19*0$* ( #/V(%,#8$* 1$+,9*(% '( *#(%89 4$*$ #/,(*1(*M/7 (/1(*0('$'(% '( ,*$/%0#%#M/ %(;"$-c 4$*,#+"-$*0(/,( #/1(++#M/ 49* V#*"% '( #/0"/9'(1#+#(/+#$ 3"0$/$7 =9/ 0(/9% 1*(+"(/+#$ -9% 4$+#(/,(% +9/ 3(4$,#,#% +*M/#+$ 4*(%(/,$/ 0$/#1(%,$+#9/(% +-./#+$% #/(%4(+.1#+$% f1$,#8$ N $,$p"( $- (%,$'9 8(/(*$-g7 ?( 19*0$ #/1*(+"(/,( %( 9:%(*V$/ 0$/#1(%,$+#9/(% +-./#+$% (;,*$ 3(4i,#+$%c 4*#/+#4$-0(/,( '(*0$,9-M8#+$%7 =909 *(%"-,$'9 '( "/$ (V$-"$+#M/ 0('#+$ #/,(8*$-c %( '(:( #/V(%,#8$* (/ ,9'$% -$% 4(*%9/$% +9/'"+,$% 9 1$+,9*(% p"( #04-#p"(/ $-,9 *#(%89 '( #/1(++#M/ 49* (- V#*"% = '( -$ 3(4$,#,#%7 J$ (V$-"$+#M/ #/#+#$- '( "/ 4$+#(/,( +9/ %9%4(+3$ '( #/1(++#M/ 49* V#*"% '( 3(4$,#,#% = '(:( #/+-"#* p".0#+$ %$/8"./($c :#90(,*.$ 3(0i,#+$ +904-(,$c *$'#98*$1.$ '( ,M*$; N "-,*$%9/#'9 $:'90#/$-7 J$ (V$-"$+#M/ #/#+#$- '( "/ 4$+#(/,( +9/ %9%4(+3$ '( #/1(++#M/ 49* V#*"% '( 3(4$,#,#% = '(:( #/+-"#* "/ #/,(**98$,9*#9 '(,$--$'9 +9/ U/1$%#% (/ 1$+,9*(% '( *#(%89c $%. +909 "/$ (;4-9*$+#M/ 1.%#+$ +904-(,$7 A4*9;#0$'$0(/,( (- LTq f*$/89 >\ $ P\qg '( -9% 4$+#(/,(% +9/ #/1(++#M/ +*M/#+$ 49* V#*"% '( 3(4$,#,#% = ,#(/(/ /#V(%U*#+9 '( $-$/#/9 $0#/9,*$%1(*$%$ 4(*%#%,(/,(0(/,( /9*0$-7 I%,$ %#,"$+#M/ (% 0i% +90X/ (/ 0"k(*(% +9/ (/1(*0('$' -(V(7 I/ 4$+#(/,(% +9/ #/1(++#M/ +*M/#+$ 49* ]R= (% /(+(%$*#9 %9-#+#,$* 4*(V#9 $- #/#+#9 '( ,*$,$0#(/,92 0$*+$'9*(% :#9p".0#+9% '( -(%#M/ N 1"/+#M/ 3(4i,#+$ fAJEc ADEc $-:"0#/$c :#-#**":#/$%c ,#(049 '( 4*9,*90:#/$g :#90(,*.$ 3(0i,#+$c +"(/,$ '( 4-$p"(,$%c +*($,#/#/$ %U*#+$c "-,*$%9/#'9 $:'90#/$N 4*"(:$% '( 1"/+#M/ ,#*9#'($7 @/V(%,#8$* +9#/1(++#9/ '( ]R^ N ]@R7 D( '(:( %9-#+#,$* 8-"+9%$ 9 3(098-9:#/$ 8-"+9%#-$'$ $/,( (- $/,(+('(/,( '( '#$:(,(% N (-(+,*9+$*'#98*$0$ (/ $p"(--9% +9/ (/1(*0('$' +$*'#$+$ 4*((;#%,(/,(7 D( '(:( #/V(%,#8$* (/ ,9'9% -9% 4$+#(/,(% -$ 4*(%(/+#$ '( (/1(*0('$'(% 4%#p"#i,*#+$%c 4$*,#+"-$*0(/,(c '(4*(%#M/ N *#(%89 '( %"#+#'#97 I/ -$ (V$-"$+#M/ 0U'#+$ #/#+#$- %( '(:( #/V(%,#8$* -$ 4*(%(/+#$ '( (/1(*0('$'(% $",9#/0"/(% $%9+#$'$% f*("0i,#+$%c 8$%,*9#/,(%,#/$-(%c (/'9+*#/$%c '(*0$,9-M8#+$%c (/,*( 9,*$%g7 I- ,*$,$0#(/,9 +9/ #/,(*1(*M/ 4"('( (;$+(*:$* 9 +904-#+$* (/1(*0('$'(% $",9#/0"/( f'#$:(,(%c (/1(*0('$'(% ,#*9#'($%c 4%9*#$%#%c $*,*#,#% *("0$,9#'(c (/1(*0('$' '(
)HKI^AD ?@A!BCDE@=AD J$% 4*"(:$% '( '#$8/M%,#+9 *($-#S$'$% (/ %"(*9 9 4-$%0$ %9/ 0i% 1#$:-(%7 I/ -$ 0('#'$ '( -9 49%#:-(c -$% 4*"(:$% '( '#$8/M%,#+9 '(:(/ *($-#S$*%( (/ %"(*9 9 4-$%0$7 I- $/,#+"(*49 $/,#mV#*"% '( 3(4$,#,#% = f]R=g %( ",#-#S$ +909 4*"(:$ '( (%+*",#9 '(%'( >[[\7 D( '(,(*0#/$ 49* (/%$N9 49* #/0"/9$:%9*+#9/ -#8$'9 $ (/S#0$% fIJ@DAg N 3$ (V9-"+#9/$'9 '( 4*#0(*$ $ ,(*+(*$ 8(/(*$+#M/7 =9/ "/$ %(/%#:#-#'$' '(- [Z $- >\\q7 H(4*(%(/,$ "/ (%,"'#9 %(/+#--9 N 1$+,#:-( '( *($-#S$*7 J$% 4*"(:$% '( #/0"/9(/%$N9 (/S#0i,#+9 %9/ *(4*9'"+#:-(%c (+9/M0#+$% N (%,i/ $4*9:$'$% 49* -$ Q?A fQ99' $/' '*"8 A'0#/#%,*$,#9/g 4$*$ %" "%9 (/ (- '#$8/M%,#+9 '( #/1(++#M/ 49* ]R=7 I/ 4$+#(/,(% +9/ %9%4(+3$ '( #/1(++#M/ 49* 3(4$,#,#% = $8"'$ 9 +*M/#+$ %( '(:(*i *($-#S$* (/ 4*#0(*$ #/%,$/+#$ -$ 4*"(:$ A/,#m]R= 0('#$/,( IJ@DA '( ,(*+(*$ 8(/(*$+#M/7 J$ 4*"(:$ '( IJ@DA '( ,(*+(*$ 8(/(*$+#M/ fO7\g 4$*$ ]R= ,#(/( "/$ %(/%#:#-#'$' '(- [[q7 I- 4"/,9 '( +9*,( 4$*$ ('#$8/M%,#+9 (% '( v O7a7 E#(/( "/ V$-9* 4*('#+,#V9 49%#,#V9 f]))g '( [T q +"$/'9 %( $%9+#$ $ 1$+,9*(% '( *#(%89 N (-(V$+#M/ '( $0#/9,*$%/1(*$%$% fAJEg N "/ ])) '( T\q +"$/'9 /9 3$N 1$+,9*(% '( *#(%89 N AJE /9*0$-7 I/ "/ 4$+#(/,( #/0"/9+904(,(/,(c "/$ 4*"(:$ '( IJ@DA /(8$,#V$c (% %"1#+#(/,( 4$*$ (;+-"#* (- '#$8/9%,#+9 '( #/1(++#M/ +*M/#+$ 49* ]R=7 J9% *(%"-,$'9% 1$-%9% /(8$,#V9% '( "/$ 4*"(:$ '( IJ@DA 4$*$ ]R= %( 4*(%(/,$/ $/,( 4$+#(/,(% +9/ #/0"/9%"4*(%#M/ 8*$V( f#/1(++#M/ 49* ]@R N 49%,,*$/%4-$/,$'9%gc 4$+#(/,(% (/ 3(09'#i-#%#% ( 3#49 9 $8$0$8-9:"-#/(0#$7 J$ 4*"(:$ '( IJ@DA $/,#}]R= (% "/$ 4*"(:$ '( (%+*",#/#97 B9 4(*0#,( #'(/,#1#+$* %# (;#%,( V#*(0#$c /9 '#%,#/8"( (/,*( +$%9% /"(V9% N +*M/#+9%7 D" 49%#,#V#'$' 4(*%#%,( $"/ '(%4"U% '( "/$ ,(*$4#$ $/,#V#*$- (;#,9%$7 ?$'9 p"( +90"/#+$* $- 4$+#(/,( "/$ 4*"(:$ '( V#*"% '( 3(4$,#,#% = 49%#,#V$c *(4*(%(/,$ "/$ %#,"$+#M/ '(-#+$'$c %( *(+90#(/'$
>[a
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0%9-#+#,$* "/$ %(8"/'$ 4*"(:$ 4$*$ +9/1#*0$* -$ +9**(+,$ (%,( 4*9+('#0#(/,9 #/+-"N(/2 (% #/V$%#V9c 4*949*+#9/$ #'(/,#1#+$+#M/ '( -$ 0"(%,*$ 9*#8#/$-7 #/19*0$+#M/ (%,i,#+$c #04-#+$ *#(%89 '( 3(09**$8#$c +9%,9 f39%4#,$-#S$+#M/g N (%,i %"k(,$ $ (**9*(% '( #/,(*4*(,$+#M/7 D( J$% 4*"(:$% '( i+#'9 /"+-(#+9 ,#(/(/ %(/%#:#-#'$' %"1#+#(/,( '(:( +9/%#'(*$* *($-#S$* :#94%#$ 3(4i,#+$ (/ 4$+#(/,(% +9/ 4$*$ '(,(+,$* T\m>\\ K@50- '( V#*"%7 D( (04-($/ 4$*$ #/1(++#M/ +*M/#+$ 49* ]R=c ,9'$ V(S p"( (- 4$+#(/,( N 0('#+9 '(,(+,$* #/1(++#M/ *(+#(/,(c %9/ #/V$-"$:-(% (/ (- '#$8/M%,#+9 '(%((/ #/19*0$+#M/ %9:*( (- 8*$'9 '( 1#:*9%#%c (- +"$- (% N 4*949*+#9/$/ #/19*0$+#M/ 4*9/9%,#+$7 J$ '(,(++#M/ '( i+#'9 0$*+$'9* 4*9/9%,#+9c 9 :#(/ 4$*$ $49N$* -$ ,90$ '( /"+-(#+9 '(- ]R= %( 4"('( *($-#S$* '( 19*0$ ,(04*$/$ '(%'( '(+#%#9/(% +9/ *(%4(+,9 $- ,*$,$0#(/,97 D( *(+90#(/'$ -$ 4*#0(*$ N %(8"/'$ %(0$/$ '( -$ #/1(++#M/c 0#(/,*$% p"( -9% *($-#S$* :#94%#$ 3(4i,#+$ $/,( %#,"$+#9/(% p"( %"8#(*$/ "/$ $/,#+"(*49%c %( 4"('(/ '(,(+,$* (/,*( -$% %U4,#0$ N 9+,$V$ (/1(*0('$' 3(4i,#+$ $'#+#9/$-7 D( '(:( +9/%#'(*$* *(4(,#* -$ %(0$/$% 49%,(*#9*(% $ -$ #/1(++#M/7 ?"*$/,( -$ 1$%( $8"'$ '( :#94%#$ 3(4i,#+$ (/ 4$+#(/,(% +9/ (/1(*0('$' -(V( p"( -$ #/1(++#M/ 49* ]R=c -$% 4*"(:$% '( '(,(++#M/ '( i+#'9 4(*0$/(+(/ %#/ ,*$,$0#(/,9c %# -$ 4*98*(%#M/ '( -$ 1#:*9%#% /"+-(#+9 4"('(/ 9%+#-$* (/,*( 49%#,#V9 N /(8$,#V9c '"*$/,( 3(4i,#+$ 4"('( #/1-"#* (/ -$ '(+#%#M/ '( #/#+#$* ,*$,$0#(/,9 $-8"/9% 0(%(%c -9 +"$- 4"('( 8(/(*$* #/$'(+"$'$ $/,#V#*$-7 J$ :#94%#$ 3(4i,#+$ /9 '(:( %(* +9/%#'(*$'$ +909 #/,(*4*(,$+#M/ '( *(%"-,$'9%7 I/ 4$+#(/,(% +9/ "/$ 4*"(:$ "/$ 4*"(:$ (%(/+#$- 4*(V#9 $- #/#+#9 '( ,*$,$0#(/,9 $/,#V#*$-c $/,#m]R= 49%#,#V$c %( '(:( *($-#S$* 4*"(:$ )=HmHBAm]R= (%4(+#$-0(/,( (/ 4$+#(/,(% +9/ 8(/9,#49 L N O7 J$ f*($++#M/ (/ +$'(/$ '( 49-#0(*$%$ 4$*$ V#*"% '( 3(4$,#,#% =g7 +90:#/$+#M/ '( 0U,9'9% '( (%,"'#9 /9 #/V$%#V9% f#0$8(/c D( '(:(* %9-#+#,$* 4*"(:$ '( HBA '(- ]R= (/ -9% 4$+#(/,(% (/ %U*#+9%g 4$*$ (V$-"$* 1#:*9%#% 3(4i,#+$ 4"('( *('"+#* (/,*( (p"#(/(% %( (%,i +9/%#'(*$/'9 $'0#/#%,*$* ,*$,$0#(/,9 T\ N a\q -$ *($-#S$+#M/ '( :#94%#$% 3(4i,#+$% 4$*$ +-$%#1#+$* '( $/,#V#*$-7 D( '(:( (04-($* "/$ 4*"(:$ +"$/,#,$,#V$ %(/%#:-(7 19*0$ +9**(+,$ (- 8*$'9 '( 1#:*9%#%7 I% #049*,$/,( %(r$-$*c D( '(:( %9-#+#,$* )=HmHBAm]R= (/ 4$+#(/,(% +9/ (/1(*0('$' p"( 3$%,$ (- 090(/,9c -9% 0U,9'9% /9 #/V$%#V9% fQ#:*9,(%,c 3(4i,#+$ #/(;4-#+$:-( p"#(/(% ,#(/(/ "/$ 4*"(:$ $/,#m]R= 1#:*9(%+$/c $+,#,(%,c Q#:*9#/'(;c Q#:*90(,(*c R(4$%+9*,g /9 /(8$,#V$c (%,i/ #/0"/9+904*90(,#'9% f#/1(++#M/ 49* ]@R +9/ %"%,#,"N(/ $ -$ :#94%#$ 3(4i,#+$ (/ -$ (V$-"$+#M/ '(- 8*$'9 '( +"(/,$ '( =?P~ z L\\ +U-"-$%50-g 9 ,#(/(/ %9%4(+3$ '( -(%#M/ 3(4i,#+$7 D( 4"('( %"8(*#* +90:#/$* -$% 4*"(:$% /9 #/1(++#M/ $8"'$ 49* ]R=7 I- V#*"% '( 3(4$,#,#% = 4"('( #/V$%#V$% +909 -$ (-$%,98*$1#$ f1#:*9(%+$/g N 0$*+$'9*(% +-$%#1#+$*%( (/ Y 8(/9,#49% 4*#/+#4$-(% f> $- Ygc -9% +"$-(% %(*9-M8#+9% '#*(+,9% ( #/'#*(+,9% 4$*$ #/+*(0(/,$* -$ ,#(/(/ "/$ V$*#$+#M/ (/ -$ %(+"(/+#$ '( /"+-(M,#'9% '( (;$+,#,"' '#$8/9%,#+$ '(- 8*$'9 '( 1#:*9%#% (/ 4$+#(/,(% +9/ $4*9;#0$'$0(/,( (- O\q7 I/ I%,$'9% K/#'9% '( 3(4$,#,#% = +*M/#+$7 J9% 0$*+$'9*(% :#9p".0#+9% '( 1#:*9%#% /9 B9*,($0U*#+$c (- 8(/9,#49 > '(- ]R= (% (- 0i% 4*(V$-(*,(c '(:(/ %(* ",#-#S$'9% +909 $-,(*/$,#V$ $ -$ :#94%#$ 3(4i,#+$ +(*+$ '(- Z>7Tq7 I;#%,( (V#'(/+#$ '( p"( -$% 4(*%9/$% +9/ 4$*$ (%,$'#1#+$* 8*$'9% #/,(*0('#9% '( 1#:*9%#%7 J$% 4*"(:$% 8(/9,#49% L N Oc ,#(/(/ O $ Y V(+(% 0i% 4*9:$:#-#'$' '( :#9p".0#+$% 4"('(/ %(* ",#-#S$'$% +909 $-,(*/$,#V$ $ -$ $-+$/S$* *(%4"(%,$ V#*9-M8#+$ %9%,(/#'$7 I/
(% '(- ZL7Lqc -$ '(- 8(/9,#49 L (% +904-#+$+#9/(% '( -$ 1#:*9%#%7 '(- >aq N -$ '(- 8(/9,#49 O (% '(- [7aq7 J$ 4*"(:$ '( 8(/9,#49 '(:( *($-#S$*%( (/ ,9'$% -$% 4(*%9/$% #/1(+,$'$% 49* (- ]R=c 4$*$ '(,(*0#/$* -$ *(%4"(%,$ $- ,*$,$0#(/,97 J$% 4(*%9/$% +9/ #/1(++#M/ 49* (- 8(/9,#49 > *(p"#(*(/ EHAEA<@IBEF $'0#/#%,*$+#M/ '(- ,*$,$0#(/,9 '"*$/,( "/ ,#(049 0$N9* (/ J$ '(+#%#M/ '(- ,*$,$0#(/,9 $/,#V#*$- '(:(*i %(* +904$*$+#M/ $ -$% 4(*%9/$% +9/ #/1(++#M/ 49* (- 8(/9,#49 L N #/'#V#'"$-#S$'9c +9/%#'(*$/'9 8*$V('$' '( -$ (/1(*0('$' O7 J$ 8(/9,#4#1#+$+#9/ '(:( '(,(*0#/$*%( (/ ,9'$% -$% 3(4i,#+$c (1(+,9% %(+"/'$*#9% '(- ,*$,$0#(/,9c *(%4"(%,$ $4(*%9/$% #/1(+,$'$% 49* ]R= 4*(V#9 $- ,*$,$0#(/,9c +9/ (,*$,$0#(/,9c 4*(%(/+#$ '( +909*:#-#'$'(% N (- 8*$'9 '( 4*94M%#,9 '( 4-$/($* '9%#%c '"*$+#M/ '(- ,*$,$0#(/,9 N $+(4,$+#M/ '(- 4$+#(/,(7 I/ $"%(/+#$ '( 1#:*9%#% ( #/1-$0$+#M/ (%,#0$* -$ 4*9:$:#-#'$' '( -$ *(%4"(%,$7 (/ -$ :#94%#$ 3(4i,#+$ '(:( +9/%#'(*$*%( 49%49/(* (- #/#+#9 '( J$ :#94%#$ 3(4i,#+$ 4*949*+#9/$ #/19*0$+#M/ 3#%,9-M8#+$ '( ,*$,$0#(/,9 $/,#V#*$-7 E9'9 4$+#(/,( +9/ #/1(++#M/ +*M/#+$ 49* ",#-#'$' %9:*( (- 8*$'9 N (;,(/%#M/ '( -(%#9/(% 3(4i,#+$%7 J$ ]R= p"( /9 *(+#:$ ,*$,$0#(/,9 $/,#V#*$-c *(p"#(*( %"4(*V#%#M/ :#94%#$ 3(4i,#+$ '(:( %(* '( $- 0(/9% LT 007 '( -9/8#,"'c +-./#+$ N +9/ (%,"'#9% :#9p".0#+9%c $- 0(/9% "/$ V(S $- $r97 +9/ (- 1#/ '( *(49*,$* -$ (,$4$ '( 1#:*9%#% +9/ "/ ZTq '( J9% 4$+#(/,(% +9/ +#**9%#% *(p"#(*(/ "/$ V#8#-$/+#$ +$'$ %(#% (;$+,#,"'7 I%,( 4*9+('#0#(/,9 #/V$%#V9 4(*0#,( 9:,(/(* 0(%(%7 I- 9:k(,#V9 '(- ,*$,$0#(/,9 $/,#V#*$- 4$*$ 3(4$,#,#% = (% #/19*0$+#M/ %9:*( (- 8*$'9 '( 1#:*9%#%c #/1-$0$+#M/c /(+*9%#%c (%,($,9%#%c '(4M%#,9 '( 3#(**9 9 +9:*(7 J$% -#0#,$+#9/(% '( >[[
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0-98*$* "/$ *(%4"(%,$ V#*$- %9%,(/#'$c *('"+#(/'9 -$% ,#(/(/ *(,*$%9 (/ -$ (-#0#/$+#M/ '(- V#*"% f4*"(:$ '( HBA ]R= +904-#+$+#9/(% N -$ #/+#'(/+#$ '( 0"(*,(7 p"( 4"('( %(* /(8$,#V$ (/,*( -$ %(0$/$ >L N LPg %( '(:(*i +9/%#'(*$* (;,(/'(* (- ,*$,$0#(/,9 49* ZL %(0$/$% I/ J$ +90:#/$+#M/ '( #/,(*1(*M/ 4(8#-$'9 f)(8m#/,(*1(*9/g N 4$+#(/,(% +9/ #/1(++#M/ 49* V#*"% '( 3(4$,#,#% = N 8(/9,#49 > *#:$V#*#/$ (% (- ,*$,$0#(/,9 (%,i/'$* 4$*$ (- 0$/(k9 '( p"( +9/,#/"$*9/ (- ,*$,$0#(/,9 (/,*( Pa $ ZL %(0$/$% N 4$+#(/,(% +9/ #/1(++#M/ +*M/#+$ 49* V#*"% '( 3(4$,#,#% =7 J$ ,"V#(*9/ 4*"(:$ '( HBA ]R= /(8$,#V$c %( '(:(*i *($-#S$* *(%4"(%,$ V#*9-M8#+$ %9%,(/#'$ *('"+( -$ 09*,$-#'$'c (- *#(%89 4*"(:$ '( HBA 4$*$ ]R= LP %(0$/$% '(%4"U% '( ,(*0#/$'9 '( +#**9%#% N +$*+#/90$ 3(4$,9+(-"-$*7 J$ *(%4"(%,$ V#*$(- ,*$,$0#(/,9 4$*$ (V$-"$* -$ *(%4"(%,$ V#*9-M8#+$ %9%,(/#'$ %9%,(/#'$ '(:( %(* (04-($'$ +909 "/ 0$*+$'9* '( I/ 4$+#(/,(% +9/ HBAm]R= #/'(,(+,$:-( '(%4"U% '( P (-#0#/$+#M/ V#*$-7 ?(:( (V$-"$*%( (- #/#+#9 '( ,*$,$0#(/,9c (/ %(0$/$% '( ,*$,$0#(/,9 N +9/ "/$ +$*8$ V#*$- :$%$- zY\\c\\\ 4$+#(/,(% +9/ 1#:*9%#% 49*,$- 9 (/ -9% p"( 4*(%(/,$/ +#**9%#% @K50-c %( 3$ 9:%(*V$'9 p"( "/ ,*$,$0#(/,9 $+9*,$'9 (% +904(/%$'$ N p"( ,#(/(/ +9/,*$#/'#+$+#M/ 4$*$ *(+#:#* (#8"$-0(/,( (1(+,#V9 f>L $ >Y %(0$/$% 4$*$ 8(/9,#49 L N O N ,*$,$0#(/,9 $/,#V#*$-7 I/ 4$+#(/,(% +9/ 8(/9,#49 > N Pc ('( LP %(0$/$% 4$*$ (- 8(/9,#49 > N Pg7 I/ 4$+#(/,(% +9/ ,*$,$0#(/,9 +9/ #/,(*1(*M/ 4(8#-$'9 0$% *#:$V#*#/$ '(:(*i 8(/9,#49 > p"( $-+$/S$/ "/$ *(%4"(%,$ V#*9-M8#+$ *i4#'$ $ -$ $'0#/#%,*$*%( '"*$/,( Pa %(0$/$% )$+#(/,(% +9/ 8(/9,#49 L N %(0$/$ Pc %( 4"('( (V$-"$* $+9*,$* -$ '"*$+#M/ '(O '(:(*i/ %(* ,*$,$'9% +9/ #/,(*1(*M/ 4(8#-$'9 0$% *#:$V#*#/$ ,*$,$0#(/,9 '( Pa $ LP %(0$/$%7 J9% 4$+#(/,(% +9/ #/1(++#M/ f'9%#% 1#k$% '( a\\ 08g '"*$/,( LP %(0$/$%7 J$ '"*$+#M/ '(49* V#*"% '( 3(4$,#,#% =c 8(/9,#49% L N Oc (- ,*$,$0#(/,9 +9/ ,*$,$0#(/,9 +90:#/$'9c #/,(*1(*M/ 4(8#-$'9 0i% *#:$V#*#/$c )(8m#/,(*1(*9/ 0$% *#:$V#*#/$ '(:(*i $'0#/#%,*$*%( 49* LP (/ 4*#/+#4#9c %( '(:( $'0#/#%,*$* '( >L $ LP %(0$/$% (/ %(0$/$%7 J$ '9%#% '( *#:$V#*#/$ %(*i '( a\\ 087 $- '.$ J9% 4$+#(/,(% +9/ 8(/9,#49 L N O Nc '( Pa %(0$/$% 4$*$ 4$+#(/,(% 4$+#(/,(% +9/ #/1(++#M/ ]R= 8(/9,#49% L N O p"( ,#(/(/ "/$ +9/ 8(/9,#49 > N P7 I/ (- +$%9 '( 8(/9,#49 > N Pc -$ *(%4"(%,$ V#*9-M8#+$ ,(04*$/$ fHBA 4$*$ ]R= /(8$,#V9 (/ -$ $'0#/#%,*$+#M/ '( #/,(*1(*M/ 4(8#-$'9 0$% *#:$V#*#$ '(:(*i +"$*,$ %(0$/$ '( ,*$,$0#(/,9g 4"('(/ *(+#:#* #/,(*1(*M/ 4-$/($*%( $ Pa %(0$/$%7 J$ '9%#% '( #/,(*1(*M/ 4(8#-$'9 $-1$ 4(8#-$'9 N *#:$V#*#/$ '( >L $ >Y %(0$/$% +9/ *(%"-,$'9% L$c %(*i '( >a\ “8 %(0$/$-c V.$ %":+",i/($ (/ +90:#/$+#M/ %#0#-$*(% $ -9% p"( -9 *(+#:(/ 49* LP %(0$/$%7 I/ $p"(--9% +9/ *#:$V#*#/$c V.$ 9*$-c 1*(+"(/+#$ '#$*#$7 J$ '9%#% '( 4$+#(/,(% +9/ 8(/9,#49 L 9 O %( -(% '(:(*i *($-#S$* 4*"(:$ '( *#:$V#*#/$ %(*i '( >c\\\ 08 4$*$ $p"(--9% +9/ 4(%9 ZT HBA 4$*$ ]R= (/ -$ +"$*,$ %(0$/$ '( #/#+#$'9 (- ,*$,$0#(/,9c |#-98*$09% N '( >cL\\ 08 (/ $p"(--9% +9/ 4(%9 v ZT %# (%,$ (% /(8$,#V$c 4"('( +9/%#'(*$*%( *('"+#* -$ '"*$+#M/ '(|#-98*$09%7 I/ (- +$%9 '( )(8m#/,(*1(*9/ $-1$ L: -$ '9%#% ,*$,$0#(/,9 '( >L $ >Y %(0$/$%7 I/ 4$+#(/,(% +9/ #/1(++#M/ M4,#0$ (% '( >7T “85|8 49* %(0$/$c V.$ %":+",i/($ (/ 49* V#*"% '( 3(4$,#,#% =c 8(/9,#49% L N Oc p"( *(+#:#(*9/ (+90:#/$+#M/ +9/ *#:$V#*#/$c V.$ 9*$-c '#$*#$c '( $+"(*'9 $,*$,$0#(/,9 49* LP %(0$/$% N ,#(/(/ "/$ 4*"(:$ '( HBAm]R= 4(%9 '(- 4$+#(/,(7 J$ '9%#% '( *#:$V#*#/$c %(*i '( a\\08 (/ /(8$,#V$c %( *(+90#(/'$ *($-#S$* 9,*$ 4*"(:$ '( HBA 4$*$ 4$+#(/,(% +9/ 4(%9 z YT |8c '( >c\\\ 08 (/ $p"(--9% +9/ 4(%9 ]R=c LP %(0$/$% '(%4"U%c +9/ -$ 1#/$-#'$' '( (V$-"$* (/,*( YT $ aT |8c '( >L\\ 08 (/ 4$+#(/,(% +9/ 4(%9 '( aT |8 *(%4"(%,$ V#*9-M8#+$ %9%,(/#'$7 $ >\T |8 N '( >P\\ 08 4$*$ $p"(--9% +9/ 4(%9 v >\T |8 N 0(/9* '( >LT7 J$ $"%(/+#$ '#%0#/"+#M/ '(- HBAm]R=c '( L -98 Ap"(--9% 4$+#(/,(% +9/ +#**9%#% *(-$+#9/$'$ +9/ #/1(++#M/ 49* 9 0i% $ -$ %(0$/$ >L '( ,*$,$0#(/,9 %( +9**(-$+#9/$ (- ]R= p"( $-+$/S$/ *(%4"(%,$ V#*9-M8#+$ %9%,(/#'$c 1"(*,(0(/,( +9/ "/ /9 *(%49/'('9*7 D( *(+90#(/'$ *($-#S$* #/'(4(/'#(/,(0(/,( '(- 8(/9,#49c '(:(/ +9/,#/"$* %" "/$ 4*"(:$ '( )=HmHBAm]R=c +"$/,#,$,#V$ N $-,$0(/,( V#8#-$/+#$ $ #/,(*V$-9% '( Y $ >L 0(%(%c '(:#'9 $- *#(%89 '( %(/%#:-(c $ -$ %(0$/$ P f*(%4"(%,$ V#*$- *i4#'$g N $ -$ %(0$/$ '(%$**9--$* 3(4$,9+$*+#/90$7 J9% 1$+,9*(% p"( #/1-"N(/ (/ -$ >L '( ,*$,$0#(/,97 I/ 4$+#(/,(% +9/ 8(/9,#49 > %( '(:( (1(+,#V#'$' '(- ,*$,$0#(/,9 $/,#V#*$- %9/2 ('$'c 8U/(*9 N #/V(%,#8$* *(%4"(%,$ V#*9-M8#+$ ,(04*$/$ $ -$ %(0$/$ >L7 D# (,/#$7 J$ (1(+,#V#'$' (% 0(/9* (/ 4$+#(/,(% +9/ 8(/9,#49 >c $-+$/S$*9/ "/$ *(%4"(%,$ V#*9-M8#+$ ,(04*$/$c (- ,*$,$0#(/,9 +$*8$ V#*$- $-,$c 0$N9*(% '( P\ $r9%c %(;9 0$%+"-#/9 N (,/#$ '(:(*i +9/,#/"$*%( 3$%,$ -$ %(0$/$ Pa D( '(:( '(%+9/,#/"$* $1*9$0(*#+$/$ ( 3#%4$/$ D( 3$ '(09%,*$'9 p"( -9% 4$+#(/,(% (- ,*$,$0#(/,9c (/ $p"(--9% 4$+#(/,(% +9/ 8(/9,#49 > p"( /9 +9/ 3(4$,#,#% = +*M/#+$ p"( *(+#:(/ ,*$,$0#(/,9 (%,i/'$* N $-+$/S$/ "/$ *(%4"(%,$ V#*9-M8#+$ ,(04*$/$ $ -$ %(0$/$ >L ,(/(* "/ 4(%9 vZT |#-98*$09% 4*(%(/,$/ "/$ 0(/9* *(%4"(%,$ V#*$- %9%,(/#'$ (/ +904$*$+#M/ +9/ $p"(--9% p"( J9% 4$+#(/,(% p"( /9 $-+$/S$*9/ "/$ *(%4"(%,$ V#*9-M8#+$ 4(%$/ z '( ZT |#-9%7 J$ ,$%$ '( *(%4"(%,$ $ ,*$,$0#(/,9 ,(04*$/$ +904-(,$ fHBAm]R= #/'(,(+,$:-( $ -$ %(0$/$ >L '( (%,i/'$* (% #/V(*%$0(/,( 4*949*+#9/$- $ -$ +$/,#'$' '( ,*$,$0#(/,9g '(:(/ %(* *((V$-"$'9% $ -$ %(0$/$ LPc %# (- HBA $-+939- #/8(*#'97 D( '(:( #/19*0$* $ -9% 4$+#(/,(% 0$N9*(% '( '(- ]R= +9/,#/"$ 49%#,#V9 (- ,*$,$0#(/,9 '(:( %(* %"%4(/'#'9 P\ $r9% p"( (;#%,( "/$ 4*9:$:#-#'$' 0(/9* '( $-+$/S$* "/$ )$*$ 4$+#(/,(% #/1(+,$'9% +9/ ]R= 8(/9,#49 > (/ p"#(/(% L\\
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0*(%4"(%,$ V#*$- %9%,(/#'$7 D( '(:( #/19*0$* p"( -$ (,/#$ 8*$V(% '(%4"U% '(- 4*#0(* 0(% '( ,*$,$0#(/,97 F,*$% 3#%4$/$ *('"+( -$ 4*9:$:#-#'$' '( $-+$/S$* "/$ *(%4"(%,$ 0$/#1(%,$+#9/(% 1*(+"(/,(% f> } O\qg $%9+#$'9% +9/ V#*$- %9%,(/#'$ D( *(+90#(/'$ (V#,$* (- +9/%"09 '( $-+939- N #/,(*1(*M/ #/+-"N(/2 $/9*(;#$c (*#,(0$ (/ (- %#,#9 '( #/N(++#M/c 190(/,$* (- +9/,*9- '( 4(%9 (/ 4$+#(/,(% +9/ #/1(++#M/ 49* (#/%90/#9c $-94(+#$c $-,(*$+#M/ (/ -$ +9/+(/,*$+#M/c ]R=7 #**#,$:#-#'$'c $8#,$+#M/c #/(%,$:#-#'$' (09+#9/$-c '(4*(%#M/c '#$**($c (/1(*0('$' $",9#/0"/( ,#*9#'#,#%c (/1(*0('$' '( Dk98*(/š%gc /(",*94(/#$ N $-,(*$+#M/ (/ (- 8"%,9 D( '(:( $'V(*,#* $ -9% 4$+#(/,(% %9:*( -$ 4U*'#'$ '(- +$:(--9 J$ '(4*(%#M/ (% +90X/ (/ 4$+#(/,(% p"( *(+#:(/ ,*$,$0#(/,9 #/19*0i/'9-( p"( (% *(V(*%#:-( $- +9/+-"#* (- ,*$,$0#(/,97 (%,i/'$* 4$*$ #/1(++#M/ 49* ]R=7 J9% 4$+#(/,(% +9/ R(09-#%#% N /$"%($c %9/ -9% 4*#/+#4$-(% (1(+,9% $'V(*%9% '( -$ 4*9:-(0$% '( %$-"' 0(/,$- *(%49/'(/ '( 19*0$ %#0#-$* $- "%9 *#:$V#*#/$7 A/(0#$c 9:%,*"++#M/ /$%$-c 4*"*#,9c '#$**($c N '( @QB N *#:$V#*#/$c 4(*9 %"% %./,90$% 4%#p"#i,*#+9% '(:(/ %(* (+S(0$c %9/ 0$/#1(%,$+#9/(% 1*(+"(/,(% '( -$ *#:$V#*#/$ %"4(*V#%$'9% 4$*,#+"-$*0(/,( (/ -$% 4*#0(*$% +"$,*9 @/,(*V(/+#9/(% +909 (- "%9 '( 4$*$+(,$09-c #/+*(0(/,9 (/ (%(0$/$%7 J9% 4$+#(/,(% +9/ 4*9:-(0$% '( %$-"' 0(/,$+9/%"09 '( -.p"#'9% N *(49%9 4"('(/ 0(k9*$* 9 *('"+#* -9% (%,$:-(%c 49'*.$/ /9 %(* (;+-"#'9% '(- ,*$,$0#(/,97 ?(:(/ %./,90$%7 D( '(%+9/9+( (- 0(+$/#%09 '( $++#M/ 49* 0('#9 V#8#-$*%( %"% %./,90$% 4%#p"#i,*#+9%c $/,(% N '"*$/,( ('(- +"$- -$ *#:$V#*#/$ 4*9'"+( $-,(*$+#9/(% 3(0$,9-M8#+$%7 K/ ,*$,$0#(/,9 +9/ #/,(*1(*M/7 J9% ,*$%,9*/9% 4%#p"#i,*#+9% /9 ,(*+#9 '( -9% 4$+#(/,(% '(%$**9--$/ $/(0#$c -$ +"$- (% '9%#% +9/,*9-$'9%c +9/%,#,"N(/ "/$ +9/,*$#/'#+$+#M/ 4$*$ ('(4(/'#(/,(7 ,*$,$0#(/,9 $/,#V#*$-c (%4(+.1#+$0(/,(c (- "%9 '( #/,(*1(*M/7 I- ,*$,$0#(/,9 (%,i/'$* 4$*$ 3(4$,#,#% = (%,i +9/,*$#/'#+$'9 J9% /#V(-(% '( 3(098-9:#/$ fR:g '(:(*i/ 0$/,(/(*%( (/ "/ (/ 0"k(*(% (0:$*$S$'$%c (/ 4$+#(/,(% +9/ 3#%,9*#$ '( $-8X/ /#V(- ‚ [ 8*5'-c *(p"#*#(/'9 (- $k"%,( '( -$ '9%#% '( *#:$V#*#/$ ,#49 '( +i/+(*c '(4*(%#M/ %(V(*$c $4-$%#$ 0('"-$* ( +"$/'9 (;#%,$ "/ '(%+(/%9 '( -9% /#V(-(% '( R: 4(*0#,#'9%c #/%"1#+#(/+#$ 3(4i,#+$ '(%+904(/%$'$7 I- ,*$,$0#(/,9 4(*0#,#'9 3$%,$ L\\ 08% '( *#:$V#*#/$ 49* +$'$ '(%+(/%9 '( $/,#V#*$- (%,i +9/,*$#/'#+$'9 (/ 4$+#(/,(% %90(,#'9% $ "/ 8*7 '( R:c 3$%,$ "/$ '9%#% /9 #/1(*#9* '( P\\ 08% $- '.$7 I,*$%4-$/,( '( M*8$/9 %9-#'9 f*#rM/c +9*$SM/ 9 4"-0M/gc "%9 '( (*#,*949N(,#/$ *(+90:#/$/,( %( 3$ %"8(*#'9 4$*$ (3(4$,#,#% $",9#/0"/(c (/1(*0('$' ,#*9#'($ /9 +9/,*9-$'$c ,*$,$0#(/,9 '( -$ $/(0#$ R: [7\ 8*75'-c 4$*$ (V#,$* (/ -9 3#4(*,(/%#M/ $*,(*#$8*$V(c #/%"1#+#(/+#$ +$*'#$+$c 49%#:-( (- $k"%,( (/ (- "%9 '( -$ '9%#% '( *#:$V#*#/$7 D( (/1(*0('$' $*,(*#$+9*9/$*#$c '#$:(,(% 0(---#,"% *(+90#(/'$ V$-9*$* (- "%9 '( (*#,*949N(,#/$ *(+90:#/$/,( 49:*(0(/,( +9/,*9-$'$c I)F=c ('$' 0(/9* '( L $/9% ( +"$/'9 (- '(%+(/%9 '( R: '( [ 8*5'-7 3#4(*%(/%#:#-#'$' $ -9% 1i*0$+9% (04-($'9% (/ (- ,*$,$0#(/,9 '( #/1(++#M/ 49* ]R=7 I/ $p"(--$% 4$*(k$%c (/ -$ p"( "/9 '( I- 1$+,9* (%,#0"-$/,( '( +9-9/#$ '( 8*$/"-9+#,9%0$+*91$89% (--9% *(+#:$ (- ,*$,$0#(/,9 (%,i/'$*c %( %"8#(*( (- "%9 '( '9% f!m=DQg 1#-8*$%,*#0c 4"('( *(%"-,$* (/ 0(k9*.$ '( -$ 0U,9'9% $/,#+9/+(4,#V9% 3$%,$ %(#% 0(%(% '(%4"U% '( /(",*94(/#$ #/'"+#'$ 49* (- ,*$,$0#(/,9 (%,i/'$*c +"$/'9 -$ ,(*0#/$'9 (- 0#%097 +"(/,$ '( /(",*M1#-9% ,9,$-(% >T\\7 D( *(p"#(*( +9/ 0i% 1*(+"(/+#$ (/ 4$+#(/,(% +9/ ,*$,$0#(/,9 $/,#V#*$- 49%,m B9 %( *(+90#(/'$ *(,*$,$0#(/,9 +9/ #/,(*1(*M/ 4(8#-$'9 0$% ,*$%4-$/,( 3(4i,#+97 J$ $'0#/#%,*$+#M/ '( 1$+,9* (%,#0"-$/,( *#:$V#*#/$ (/ 4$+#(/,(% p"( /9 $-+$/S$*9/ *(%4"(%,$ V#*$'( +9-9/#$ '( 8*$/"-9+#,9%m0$+*M1$89% f!m=DQg 1#-8*$%,*#0c %9%,(/#'$ '(%4"U% '( "/ 4*#0(* +"*%9 +904-(,9 '('(:( %(* +9/%#'(*$'$ (/ 4$+#(/,(% p"( *(+#:(/ ,*$,$0#(/,9 ,*$,$0#(/,9 +90:#/$'9c #/'(4(/'#(/,(0(/,( '(- ,#49 (%,i/'$* N p"( 4*(%(/,$/ /(",*94(/#$ %#8/#1#+$,#V$c -#0#,$/'9 #/,(*1(*M/ 4(8#-$'9 ",#-#S$'9 I- *(,*$,$0#(/,9 +9/ @QB -$ %"%4(/%#M/ '(- ,*$,$0#(/,9 $/,#V#*$-7 A -9% 4$+#(/,(% 4(8#-$'9 0$% *#:$V#*#/$ 4"('( %(* +9/%#'(*$'9 (/ 4$+#(/,(% p"#(/(% '(%$**9--$/ '(4*(%#M/ %( -(% '(:(*.$ +9/%#'(*$* /9 *(%49/'('9*(% 9 +9/ *(+$.'$ p"#(/(% 4*(V#$0(/,( 3$/ ,*$,$0#(/,9 +9/ $/,#'(4*(%#V9% N *(1(*#*%( +9/ 4%#p"#$,*.$ '( %#'9 ,*$,$'9% +9/2 $g @QB /9 4(8#-$'9 +9/ 9 %#/ *#:$V#*#/$c :g %(* /(+(%$*#97 J$% *($++#9/(% %(V(*$% (/ -$ 4#(- /9 %9/ 09/9,(*$4#$ +9/ @QB 4(8#-$'9c 4$*,#+"-$*0(/,( (/ -9% p"( 1*(+"(/,(% '"*$/,( (- ,*$,$0#(/,9c %#/ (0:$*89 %( 3$ ,#(/(/ 1#:*9%#% 9 +#**9%#% B9 %( *(+90#(/'$ 0$/,(/(* (*(49*,$'9 4#(- %(+$c 4*"*#,9c -(%#9/(% (++(0$,9%$% '#1"%$% (/ ,*$,$0#(/,9 (/ 4$+#(/,(% +9/ 1#:*9%#% 9 +#**9%#% p"( 3$/ "/ L\q '( -9% 4$+#(/,(% 4*('90#/$/,(0(/,( (/ S9/$% ,(/#'9 1$--$ $ ,*$,$0#(/,9 +9/ #/,(*1(*M/ 4(8#-$'9 N *#:$V#*#/$7 (;4"(%,$% $ -$ -"S %9-$*7 J$ 4%9*#$%#% 4"('( (;$+(*:$*%( '"*$/,( (- ,*$,$0#(/,97 E9'9% -9% 4$+#(/,(% p"( *(+#:(/ J9% 4$+#(/,(% p"( *(+#:(/ ,*$,$0#(/,9 (%,i/'$* 4"('(/ ,*$,$0#(/,9 '(:(*i/ %(* $'V(*,#'9% %9:*( -$ $4*94#$'$ (;4(*#0(/,$* %./,90$% 4$*(+#'9% $ 8*#4(c ,$-(% +909 1#(:*(c 3#8#(/( '( -$ 4#(- ( 3#'*$,$+#M/c (V#,$* %9:*( (;49%#+#M/ $ -$ 0#$-8#$%c (%+$-91*#Mc $*,*$-8#$ N +(1$-($c -9% +"$-(% %9/ 0(/9% -"S %9-$* N 1$V9*(+(* *9,$+#M/ '( -9% %#,#9% '( #/N(++#M/7 D( L\>
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0*(+90#(/'$ N (- "%9 '( (09-#(/,(%7 ,M4#+9% '(:#(/'9 +90:#/$+#M/ +9/ *#:$V#*#/$c *#:$V#*#/$ (/ 09/9,(*$4#$ ( @Jm +9/%#'(*$* V$-9*$+#M/ 49* ?(*0$,9-98.$7 I- ,*$,$0#(/,9 +9/ >L7 )(8m#/,(*1(*9/ %( 3$ $%9+#$'9 +9/ $-,(*$+#M/ ,#*9#'($ I- ,*$,$0#(/,9 '( 4$+#(/,(% +9/ $0#/9,*$/%1(*$%$% /9*0$-(% f3#49,#*9#'#%09 ( 3#4(*,#*9#'#%09g 3$%,$ (/ (- Yq %( -9% (% #049*,$/,(c N$ p"( 3$%,$ "/ Y\ q '( #/1(+,$'9% 49* ]R= 4$+#(/,(% p"( *(+#:(/ ,*$,$0#(/,9 $/,#V#*$-c (- *#(%89 (% %9/ '9/$'9*(% V9-"/,$*#9% '( %$/8*( @/'(4(/'#(/,(0(/,( '( 0$N9* (/ 0"k(*(%c (%4(+#$-0(/,( (/ $p"(--$% p"( ,#(/(/ -9% /#V(-(% %U*#+9% '( $0#/9,*$/%1(*$%$%c -$ '(+#%#M/ '( #/#+#$* $",9 $/,#+"(*49% ,#*9#'(9% 4*(V#9 $ *(+#:#* ,*$,$0#(/,97 D( ,*$,$0#(/,9 +9/ 4(8#/,(*1(*9/ N *#V$:#*#/$ '(:( %(* '(:( #/V(%,#8$* -$ 1"/+#M/ ,#*9#'($ $/,(% '(- (04-(9 '( )(8m #/'#V#'"$-#S$'$ (/ :$%( $ -$ %(V(*#'$' '( -$ (/1(*0('$' #/,(*1(*9/ $ -$% >L %(0$/$% '( ,*$,$0#(/,9 N (/ +"$-p"#(* 3(4i,#+$ 1"/'$0(/,$'$ 49* :#94%#$ 3(4i,#+$c +9/%#'(*$* -9% 090(/,9 (/ p"( (;#%,$ -$ %9%4(+3$ +-./#+$c (/ ,$- +$%9c 49,(/+#$-(% (V(/,9% $'V(*%9%c -$ 4*9:$:#-#'$' '( *(%4"(%,$ N '(:(*i *(1(*#*%( $ I/'9+*#/9-98.$7 -$ 4*(%(/+#$ '( +909*:#'9%7 I- (%p"(0$ '( ,*$,$0#(/,9 4$*$ 4$+#(/,(% +9/ #/1(++#M/ ]R= N $0#/9,*$/%1(*$%$% /9*0$-(% J$ #/1(++#M/ +*M/#+$ 49* V#*"% '( -$ 3(4$,#,#% = 9+$%#9/$ #/+*(0(/,9 '( -$ ,$%$ 0(,$:M-#+$ :$%$- (/ 4$+#(/,(% %#/ '(:( %(* (- 0#%09 4$*$ 4$+#(/,(% +9/ $0#/9,*$/%1(*$%$% +#**9%#%7 J$ 4U*'#'$ '( 4(%9 %( *(49*,$ +9/ 1*(+"(/+#$ (/ (-(V$'$%7 E9'9% -9% 4$+#(/,(% +9/ (/1(*0('$' *(/$- +*M/#+$ 4$+#(/,(% p"( *(+#:(/ (- ,*$,$0#(/,9 $/,#V#*$-7 J$ '#%/($ (% "/ (/ ,*$,$0#(/,9 %"%,#,",#V9 '( -$ 1"/+#M/ *(/$- (/ 3(09'#i-#%#% (1(+,9 %(+"/'$*#9 p"( %( *(49*,$ +9/ 49+$ 1*(+"(/+#$ (/ -9% N 9 +$/'#'$,9% $ ,*$%4-$/,( *(/$- '(:(/ %(* (%,"'#$'9% 4$*$ 4$+#(/,(% p"( *(+#:(/ (- ,*$,$0#(/,97 ="$/'9 %( 9:%(*V$ (% ]R= +9/ (- 4*94M%#,9 '( 4-$/($* (- 0$/(k9 N ,*$,$0#(/,97 J$ *(%"-,$'9 '( -$ $/(0#$ 9 4*9:-(0$% +$*'#9**(%4#*$,9*#9%7 '(+#%#M/ '( '(%$**9--$* :#94%#$ 3(4i,#+$ (/ 4$+#(/,(% +9/ Ap"(--9% 4$+#(/,(% p"( *(+#:(/ #/,(*1(*M/ 4(8#-$'9 N (/1(*0('$' *(/$- '(:( '( %(* #/'#V#'"$-#S$'$ +9/ :$%( $ "/$ *#:$V#*#/$ N *(1#(*$/ '#%/($ p"( /9 %( *(-$+#9/$ $ $/(0#$ (V$-"$+#M/ +-./#+$ '( -$ /(+(%#'$' '(- ,*$,$0#(/,9 $/,#V#*$- N '(:(*i %(* (V$-"$'9 4$*$ #/V(%,#8$* 4*9:-(0$% -$ 8*$V('$' '( -$ (/1(*0('$' 3(4i,#+$7 +$*'#94"-09/$*(%7 J$ 4*(%(/+#$ '( *(,#/94$,.$ '"*$/,( (J$ ,(*$4#$ $/,#V#*$- +9/ #/,(*1(*M/ '(:( 09'#1#+$*%( N ,*$,$0#(/,9 +9/ #/,(*1(*M/ 4(8#-$'9 (% +90X/ 4(*9 $'(+"$*%( (/ -9% 4$+#(/,(% +9/ (/1(*0('$' *(/$-7 )$+#(/,(% 8(/(*$-0(/,( -(V( N ,*$/%#,9*#9c %( *(%"(-V( '( 0$/(*$ +9/ #/1(++#M/ R]= N (/1(*0('$' *(/$- 09'(*$'$ f@Q! v (%49/,i/($ 9 $- %"%4(/'(* )(8m#/,(*1(*9/7 J9% 4$+#(/,(% +9/ Y\0-50#/7gc '(:(/ '( %(* ,*$,$'9% +9/ -$ 0#%0$ +90:#/$+#M/ #/1(++#M/ +*M/#+$ 49* V#*"% '( 3(4$,#,#% = p"( ,#(/( '( ,(*$4#$ $/,#V#*$- +909 -$ p"( %( ",#-#S$ (/ 4$+#(/,(% %#/ 3#4(*,(/%#M/c N59 '#$:(,(% 0(--#,"% '(:(*i/ ,(/(* "/$ (/1(*0('$' *(/$-7 )$+#(/,(% %(-(++#9/$'9% +9/ #/%"1#+#(/+#$ (V$-"$+#M/ 91,$-09-M8#+$ 4*(V#$ $- #/#+#9 '(- ,*$,$0#(/,9c *(/$- f@Q! v Y\0-50#/7gc +9/ 9 (/1(*0('$' *(/$- ,(*0#/$- +9/ 49/#(/'9 4$*,#+"-$* $,(/+#M/ (/ -$ :X%p"('$ '( (;"'$'9% ]R= 4"('(/ %(* ,*$,$'9% +9/ )(8m#/,(*1(*9/ N '9%#% $k"%,$'$% $-89'9/9%9% 9 3(09**$8#$ *(,#/#$/$7 ="$-p"#(* 4$+#(/,( p"( '( *#:$V#*#/$ $ L\\ 085'.$7 *(1#(*$ $-,(*$+#9/(% V#%"$-(% 0#(/,*$% (%,U *(+#:#(/'9 )(8m #/,(*1(*9/ '(:(*i %"%4(/'(*-9 3$%,$ -$ *(%9-"+#M/ '( -9% I/ 4$+#(/,(% +9/ #/1(++#M/ +*M/#+$ 49* ]R= N (/1(*0('$' %./,90$% N '(:(*i %(* (V$-"$'9 49* (- 91,$-09-98.$ 4$*$ *(/$- 8*$V( /9 %90(,#'9% $ 3(09'#i-#%#% '(:(/ ,*$,$*%( +9/ #/V(%,#8$* -(%#M/ *(,#/#$/$7 '9%#% *('"+#'$ '( 4(8#/,(*1(*9/ $-1$mL$c >OT “85%(0$/$w $-1$ L:c > “85n85%(0$/$g N *#V$:#*#/$ fL\\ma\\ 085'.$g +9/ IV#'(/+#$ 4*9V(/#(/,( '( 0(,$$/$-#%#% p"( (V$-X$/ *(+$.'$ 09/#,9*(9 (%,*#+,9 '( (1(+,9% $'V(*%9%7 I- ,*$,$0#(/,9 4$*$ V#*$- '(%4"U% '(- "%9 '( #/,(*1(*M/c '(0"(%,*$/ p"( /9 3$N 4$+#(/,(% +9/ ]R= %90(,#'9% $ '#i-#%#% 4(*#,9/($- '(:( "/ #/+*(0(/,9 %#8/#1#+$,#V9 (/ $-+$/S$* *(%4"(%,$ V#*9-M8#+$ +9/%#'(*$* #/,(*1(*M/ +9/V(/+#9/$- fL$ 9 L:g (/ '9%#% '( %9%,(/#'$ $- $r$'#* $0$/,$'#/$ $- ,*$,$0#(/,9 +90:#/$'9 '( O0K@5L V(+(% 49* %(0$/$c 9 :#(/ "/$ '9%#% *('"+#'$ '( )(8m #/,(*1(*M/ 0i% *#:$V#*#/$7 I%,"'#9% $:#(*,9% (/ (- p"( %( #/,(*1(*9/ L$f>OT “8 49* %(0$/$g 9 )(8m#/,(*1(*9/ L: f> (04-(M #/,(*1(*M/ N *#:$V#*#/$ 0$% $0$/,$'#/$ (/ (“85|85 %(0$/$g7 I/ 4$+#(/,(% +9/ #/1(++#M/ 49* ]R= N *(,*$,$0#(/,9 '( /9 *(%49/'('9*(% +9/ #/,(*1(*M/c %90(,#'9% $ '#i-#%#% 4(*#,9/($- (- ,*$,$0#(/,9 +9/ *#:$V#*#/$ '(09%,*$*9/ p"( -$ ,$%$ '( *(%4"(%,$ V#*9-M8#+$ %9%,(/#'$ %( 4"('( (04-($*%( (/ +90:#/$+#M/ +9/ #/,(*1(*M/c (/ '9%#% (/+"(/,*$ (/,*( \ N >\q J$ $'0#/#%,*$+#M/ '( #/,(*1(*M/ (/ /9,$:-(0(/,( *('"+#'$% N +9/ %(8"#0#(/,9 +"#'$'9%9 '( +90:#/$+#M/ +9/ *#:$V#*#/$ (% %"4(*#9* $ -$ +90:#/$+#M/ '( $/(0#$ N 9,*9% (1(+,9% $'V(*%9%7 B9 %( *(+90#(/'$ #/,(*1(*M/ 0i% $0$/,$'#,$7 B9 %( *(+90#(/'$/ (/ (- 0$/(k9 ,*$,$0#(/,9 $/,#V#*$- (/ 4$+#(/,(% +9/ #/1(++#M/ +*M/#+$ 49* '( 4$+#(/,(% +9/ #/1(++#M/ +*M/#+$ +9/ ]R=c $/,( *(+$.'$ ]R= p"( 3$/ *(+#:#'9 ,*$%4-$/,( *(/$-c $ 0(/9% p"( 4*(V#$ 9 (/ $p"(--9% p"( /"/+$ 3$/ *(%49/'#'9 $'(%$**9--(/ 3(4$,#,#% 1#:*9,#+$ +9-(%,$%#+$7 ,*$,$0#(/,92 $0$/,$'#/$ 0$% #/,(*1(*M/ %9-9 9 (/ L\L
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0(/V#$* $ -$ (%4(+#$-#'$' '( <('#+#/$ @/,(*/$ f%(8"/'9 /#V(I/ 4$+#(/,(% +9/ +*#98-9:"-#/(0#$ N 4*9,(#/"*#$ 09'(*$'$ $ 8*$V( p"( ,#(/(/ (/1(*0('$' *(/$- -(/,$0(/,( 4*98*(%#V$ '( $,(/+#M/g $ -9% 4$+#(/,(% +9/ 1$+,9*(% '( *#(%89 4$*$ '(:(/ %(* ,*$,$'9% +9/ #/,(*1(*M/ +9/V(/+#9/$- 9 '9%#% 3(4$,#,#% (/ -9% p"( (;#%,( %9%4(+3$ +-./#+$ N '( -$:9*$,9*#9 *('"+#'$% '( )(8m#/,(*1(*9/ $-1$ N *#V$:#*#/$7 I/ 4$+#(/,(% +9/ '( #/1(++#M/ +*M/#+$ 49* ]R= D( (/V#$*$ $ %(8"/'9 /#V(- '( +*#98-9:"-#/(0#$ N 4*9,(#/"*#$ #049*,$/,(c p"( ,#(/(/ $,(/+#M/c $ $p"(--9% 4$+#(/,(% +9/ (-(V$+#M/ 4(*%#%,(/,( ( (V#'(/+#$ '( (/1(*0('$' *(/$- 4*98*(%#V$ 9 (;$+(*:$+#M/ '( #/(;4-#+$:-( '( $0#/9,*$/%1(*$%$%7 I- 4$+#(/,( +9/ 4*"(:$ '( +*#98-9/"-#/(0#$c 4"('(/ %(* ,*$,$'9% +9/ *#,";#0$:c IJ@DA 4$*$ ]R= 49%#,#V9c '(:(*i (/V#$*%( $ -$ =-./#+$ '( +#+-919%1$0#'$ 0i% 0(,#-4*('/#%9-9/$c 4-$%0$1(*(%#% %(8"#'9 R.8$'9 9 %" (p"#V$-(/,( f(/ (- %(8"/'9 N ,(*+(* /#V(- '( '( #/,(*1(*M/ "/$ V(S p"( -$ 1$%( $8"'$ %( 3$ *(%"(-,97 J9% $,(/+#M/g $- 0(/9% +9/2 4*"(:$ '( IJ@DAc ,*$/%$0#/$%$%c 4$+#(/,(% +9/ +#**9%#% +904(/%$'$ f=E) +3#-'mE"+9,(m )"83c :#90(,*.$ 3(0i,#+$ +904-(,$c ,#(049% '( +9$8"-$+#M/c N +-$%( Ag *(-$+#9/$'$ +9/ ]R=c 4"('(/ %(* ,*$,$'9% +9/ )(8m (%,"'#9% '( 1"/+#M/ *(/$-7 I- 0('#+9 '( %(8"/'9 /#V(- '(:( #/,(*1(*9/ N *#:$V#*#/$c %#(/'9 /(+(%$*#$ "/$ (%,*(+3$ %9-#+#,$* 9 +904-(,$* 4*"(:$% '( 1"/+#9/$0#(/,9 3(4i,#+9c V#8#-$/+#$ '( -9% (1(+,9% $'V(*%9%7 J9% 4$+#(/,(% +9/ +#**9%#% "-,*$%9/#'9 '( 3.8$'9 N V.$% :#-#$*(%c 4*"(:$% %(*9-M8#+$% A8% 3(4i,#+$ +-./#+$0(/,( '(%+904(/%$'$c '(:(/ %(* *(1(*#'9% ]R^ 49%#,#V9 N5A/,#m +9*( ]R^ 49%#,#V9c #/V(%,#8$* 4$*$ (V$-"$* ,*$%4-$/,( 3(4i,#+97 B9 %9/ +$/'#'$,9% $ +9#/1(++#9/(% N *((/V#$* $- %(*V#+#9 '( !$%,*9(/,(*9-98.$ 4$*$ ,*$,$0#(/,9 49* #/1(++#M/ '( 3(4$,#,#% =7 I/ 4$+#(/,(% +9/ '(1#/#* (- ,*$,$0#(/,9 N %(8"#0#(/,9 '(- 4$+#(/,(7 D( '(:( +#**9%#% '(%+904(/%$'$ f=E)c +-$%( ^ N =gc (- ,*$,$0#(/,9 +9/ (/V#$* $ !$%,*9(/,(*9-98.$ $ ,9'9 4$+#(/,( +9/ #/1(++#M/ )(8m#/,(*1(*9/c 4"('( %(* #/#+#$'9 (/ '9%#% :$k$%c %#(04*( N $8"'$ 49* ]R= N $p"(--9% +9/ #/1(++#M/ +*M/#+$ %#/ (V#'(/+#$ +"$/'9 -9% 4$+#(/,(% 3$N$/ %#'9 $+(4,$'9% 4$*$ ,*$%4-$/,( '( +#**9%#% $V$/S$'$c 4$*$ '(,(*0#/$* (- ,*$,$0#(/,9 N -$% 3(4i,#+97 I- ,*$,$0#(/,9 '(:( %(* $'0#/#%,*$'9 49* 0U'#+9% $++#9/(% '( %(8"#0#(/,9 (%4(+.1#+97 D( (V$-"$*$/ (/ -$% +9/ (;4(*#(/+#$ :$k9 "/$ (%,*(+3$ %"4(*V#%#M/ '( -9% (1(+,9% =-./#+$% '( R.8$'9 9 %" (p"#V$-(/,(c -$% 49:-$+#9/(% $'V(*%9%7 D( 4"('(/ (04-($* 1$+,9*(% (%,#0"-$/,(% '( (%4(+#$-(% f+9#/1(++#9/ ]@Rc ]R^c #/%"1#+#(/+#$ *(/$-gc $p"(--9% +9-9/#$% N (*#,*949N(,#/$c (/ (- ,*$,$0#(/,9 '( -$ $/(0#$ N +9/ +904-#+$+#9/(% N -9% p"( 4*(%(/,$/ (1(+,9% $'V(*%9% $-("+94(/#$ $%9+#$'$% $- ,*$,$0#(/,9c +9/ (- 9:k(,#V9 '( ,*$,$0#(/,97 0(k9*$* -$ +$-#'$' '( V#'$ N -#0#,$* -$ /(+(%#'$' '( '#%0#/"#* -$% '9%#% '(- ,*$,$0#(/,9 $/,#V#*$- (/ 4$+#(/,(% +9/ +#**9%#% '(%+904(/%$'$7 D( '(:( +9/,*$**(1(*#* $- 4*#0(* /#V(-c $ ,9'9% -9% 4$+#(/,(% +9/ (**$'#+$+#M/ '(- ]R=c $ -9% /9 *(%49/'('9*(% N $ -9% /9 I- ,*$,$0#(/,9 '( 4$+#(/,(% +9/ ]R= 49%,(*#9* $ ,*$%4-$/,( +$/'#'$,9% $ ,*$,$0#(/,97 D#(/'9 #/'#%4(/%$:-( %" (V$-"$+#M/ 3(4i,#+9 '(:( #/#+#$*%( '(%4"U% '( +9**9:9*$*%( -$ +-./#+$ N :#9p".0#+$c '( 19*0$ %(0(%,*$-c +9/ -$ #/,(/+#M/ '( *(+"**(/+#$ 3#%,9-M8#+$c :$k9 %"4(*V#%#M/ '( 0U'#+9% #'(/,#1#+$* +904-#+$+#9/(% 9 '$,9% '( #/%"1#+#(/+#$ 3(4i,#+$7 I(%4(+#$-#%,$% (/ ,*$%4-$/,(% 3(4i,#+9%7 J$ $'0#/#%,*$+#M/ '( 4$+#(/,( (%,$:-( +9/ #/1(++#M/ +*M/#+$ 49* ]R=c p"( +"(/,$ )(8m#/,(*1(*9/ $-1$ +9/ 9 %#/ *#:$V#*#/$c '(:( %(* (- *U8#0(/ +9/ ,*$,$0#(/,9 (%4(+.1#+9 (%,$:-(+#'9c %#/ (1(+,9% 4*(1(*#'9 (/ 4$+#(/,(% +9/ ]R= %90(,#'9% $ ,*$%4-$/,( %(+"/'$*#9% 9 $'V(*%9% 8*$V(% N p"( ,#(/(/ "/ 4-$/ '( 3(4i,#+97 B9 %( '(:( (04-($* )(8m#/,(*1(*9/ (/ *(+(4,9*(% %(8"#0#(/,9c 4"('(/ %(8"#* %" V#8#-$/+#$ (/ 4*#0(* /#V(- '( '( ,*$%4-$/,( '( 4"-0M/c +9*$SM/ 9 *#rM/c (;+(4,9 4$*$ $,(/+#M/7 I- 0('#+9 '( 4*#0(* /#V(- '(:( *((/V#$* $- 4$+#(/,( 4$+#(/,(% p"( 3$N$/ '(%$**9--$'9 3(4$,#,#% 1#:*9,#+$ $ %(8"/'9 /#V(- $ *(V#%#M/ +$'$ Y $ >L 0(%(% +9/ (%,"'#9% +9-(%,$%#+$7 :#9p".0#+9% 0./#09% #/'#%4(/%$:-(% 9 $/,(% (/ +$%9 '( #'(/,#1#+$* +904-#+$+#9/(%7
=H@EIH@FD ?I HIQIHIB=@A G =FBEHAHHIQIHIB=@A E9'9 4$+#(/,( +9/ #/1(++#M/ $8"'$ 49* ]R= '(:( %(* *(1(*#'9 '( 19*0$ #/0('#$,$ $- 0U'#+9 (;4(*,9 N +$4$+#,$'9 (/ (0$/(k9 #/,(8*$- '( (%,$ (/1(*0('$'c '(:#'9 $ p"( -$ $'0#/#%,*$+#M/ '( "/ ,*$,$0#(/,9 949*,"/9 #/+*(0(/,$ -$ 4*9:$:#-#'$' '( "/$ *(%4"(%,$ (;#,9%$ $- ,*$,$0#(/,97 J9% 4$+#(/,(% +9/ #/1(++#M/ $8"'$ '(:(/ %(* *(1(*#'9% '( 19*0$ #/0('#$,$ $- 0U'#+9 !$%,*9(/,(*M-989 ( @/1(+,9-9897 D( '(:(
]@!@JAB=@A G DI!K@<@IBEF D( '(:(*i *(V$-9*$* $ ,9'9 4$+#(/,( *(%49/'('9* +$'$ Y 0(%(% '"*$/,( -9% '9% 4*#0(*9% L $r9% +9/ 4*"(:$% '( 1"/+#9/$0#(/,9 3(4i,#+9c "-,*$%9/#'9 '( 3.8$'9 N V.$% :#-#$*(% N HBA } R]=7 Ap"(--9% 4$+#(/,(% %#/ #/'#+$+#M/ 4$*$ ,*$,$0#(/,9 $/,#V#*$- 9 +9/,*$#/'#+$+#9/(% 4$*$ -$ ,(*$4#$ fI)F=c '#$:(,(% 0(--#,"% +9/ '$r9 $ M*8$/9 0$N9*gc L\O
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70; 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+ 5#/,(*#9*5+$,$-989<$(%,*9! $,$-989<$(%,*9!)=73,0)=73,04$+#(/,(% p"( /9 $+(4,$/ (- ,*$,$0#(/,9 N 4$+#(/,(% p"( /9 $-+$/S$*9/ "/$ *(%4"(%,$ V#*9-M8#+$ %9%,(/#'$c '(:(*i/ %(* V#8#-$'9% 49* "/ !$%,*9(/,(*M-989 49* -9 0(/9% '( 19*0$ $/"$- +9/ (%,"'#9% :#9p".0#+9% f,*$/%$0#/$%$%c $-:X0#/$c :#-#**":#/$c ,#(049% '( +9$8"-$+#M/ N :#90(,*.$ 3(0i,#+$g7 )$+#(/,(% +9/ +#**9%#% *(-$+#9/$'$ $ V#*"% '( -$ 3(4$,#,#% = p"( $-+$/S$*9/ *(%4"(%,$ V#*9-M8#+$ %9%,(/#'$ #/'(4(/'#(/,(0(/,( #/'(4(/'#(/,(0(/,( '(- 8(/9,#49 '(:(/ +9/,#/"$* V#8#-$/+#$ V#8#-$/+#$ (/ #/,(*V$-9% '( Y $ >L 0(%(% 4$*$ #/V(%,#8$* +$*+#/90$ 3(4$,9+(-"-$*7
L\P
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70; 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+ 5#/,(*#9*5+$,$-989<$(%,*9! $,$-989<$(%,*9!)=73,0)=73,0(%,*$,(8#$% (%4(+.1#+$% p"( -9 -#0#,(/c ,$-(% +9092 *(8"-$+#9/(% '( :$/+9% '( %$/8*(c 4*98*$0$% '( V$+"/$+#M/c +"04-#0#(/,9 '( /9*0$% N 4*9+('#0#(/,9% %$/#,$*#9%c 0U,9'9% '( (%,(*#-#S$+#M/ (/ -9% 39%4#,$-(% N +-./#+$%c >",')$)$0 ? #/+-"#'9% -9% '(/,#%,$%7 D( *(+90#(/'$ V$+"/$* $ ,9'9% -9% $'"-,9% p"( %9-#+#,(/ 4*9,(++#M/ +9/,*$ (- ]R^7 J$ 4*"(:$ '( J$ 4*(V$-(/+#$ '(- R^%A8 %( +-$%#1#+$ +909 :$k$ %# (% zLqc *(%4"(%,$ $ -$ V$+"/$+#M/ '(:( ,(/(* ,.,"-9% %U*#+9% '( #/,(*0('#$ +"$/'9 %( ":#+$ (/,*( (- L N Zq Nc $-,$ +"$/'9 (% v $/,#+"(*49% f$/,# } R^%g v >\ K@5Jc #'($-0(/,( v>\\#7"75-g aq7
L %(0$/$% '(%4"U% '( -$ X-,#0$ '9%#%7 D( '(:( %(*94*(V$-(/+#$ '( #/1(++#M/ 49* (- V#*"% '( 3(4$,#,#% ^7 I/ (V$-"$* -$ *(%4"(%,$ $ -$ V$+"/$+#M/ (/ -$% 4(*%9/$% p"( /"(%,*9 4$.% %( (%,#0$ p"( >7Z 0#--9/(% '( 0(;#+$/9%c 3$/ 0$/,#(/(/ "/ *#(%89 $-,9 '( #/1(++#M/ f3#k9% '( 0$'*(% 4*(%(/,$'9 #/1(++#M/ 49* (%,( V#*"% N >\Zc\\\ %9/ 49*,$'9*(% 49*,$'9*(% '( R^%A8c ,*$:$k$'9*(% '( %$-"'c 4$+#(/,(% (/ +*M/#+9%7 I- ]R^ %( ,*$/%0#,( V.$ 4(*#/$,$-c 4(*+",i/($ N 49* '#i-#%#% N +904$r(*9% %(;"$-(% '( 49*,$'9*(% '(- ]R^g7 J$ +9/,$+,9 %(;"$-c $%. +909 49* +9/,$+,9 (%,*(+39 4(*%9/$m 4*"(:$ 49%,mV$+"/$+#M/ %( '(:( *($-#S$* (/,*( -9% [ N >T 4(*%9/$c 4*(%"0#:-(0(/,( +"$/'9 (;#%,(/ 3(*#'$% (/ -$ 4#(-c 0(%(% '( ('$' (/ -9% :(:(% '( 0$'*(% 49*,$'9*$% Nc '9% 4$*,#+"-$*0(/,( 4$*,#+"-$*0(/,( (/ /#r9% N (/ i*($% (/'U0#+$%7 0(%(% '(%4"U% '( -$ X-,#0$ '9%#% (/ -$% '(0i% 4(*%9/$%7 D( *(+90#(/'$ *($-#S$* %(8"#0#(/,9 $/"$- '( -$ 4*"(:$ 49%,m V$+"/$+#M/ $ -9% 4$+#(/,(% *(%49/'('9*(% p"( %( (/+"(/,*(/ (/ 3(09'#i-#%#% +*M/#+$7 I/ 4(*%9/$% #/0"/9+904(,(/,(% QA=EFHID ?I H@ID!F p"( *(%49/'$/ $ -$ V$+"/$+#M/ #/#+#$- (% 4*9:$:-( p"( -$% '9%#% $'#+#9/$-(% '( -$ V$+"/$ /9 %( *(p"#(*$/ (/ -9% >T $r9% I/ (- $'"-,9c (- *#(%89 '( '(%$**9--$* #/1(++#M/ +*M/#+$ 49* (%#8"#(/,(%7 I/ 4$+#(/,(% #/0"/9+904(,(/,(% (/ p"#(/(% (]R^c '(%4"U% '( "/$ (;49%#+#M/ $8"'$ (% '(- Tq7 J$ (%p"(0$ '( V$+"/$+#M/ /9 %( +904-(,$c -$ '9%#% 1$-,$/,( ,*$/%0#%#M/ V(*,#+$- 9+"**( (/ [\q '( -9% (0:$*$S9% '( -$% 4"('( $'0#/#%,*$*%( +"$,*9 9 0i% $r9% '(%4"U%c %#/ -$ 0$'*(% +9/ R^(A8 49%#,#V9 N (/ +(*+$ '(- >\q '( -$% p"( /(+(%#'$' '( *(#/#+#$* (- (%p"(0$ '( ,*(% '9%#%7 J9% 4$+#(/,(% ,#(/(/ 49%#,#V9 (- R^%A87
Oq7 I;#%,( (V#'(/+#$ p"( -9% 4$+#(/,(% +9/ ]@R p"( /$+#'9% '( 0$'*(% #/1(+,$'$% 49* (- ]R^ '(:(/ *(+#:#* *(%49/'#(*9/ $ -$ '9%#% '( V$+"/$c 4"('(/ --(8$* $ %(* $/,#m #/0"/98-9:"-#/$ (%4(+.1#+$ N V$+"/$ +9/,*$ (- V#*"% '( -$ R^% /(8$,#V9 '"*$/,( "/ $r97 I- (1(+,9 $ -$ $'0#/#%,*$+#M/ $'0#/#%,*$+#M/ '( 3(4$,#,#% ^c '( 19*0$ #/0('#$,$ $- /$+#0#(/,97 J$ -$ V$+"/$ (% '#*(+,$0(/,( 4*949*+#9/$- $ -$ +"(/,$ '( =?P ( $'0#/#%,*$+#M/ +9/+"**(/,( '( #/0"/98-9:"-#/$ N -$ V$+"/$ #/V(*%$0(/,( 4*949*+#9/$- $ -$ +$*8$ V#*$-7 D# -9% 4$+#(/,(% +9/,*$ (- ]R^ 3$ '(09%,*$'9 "/$ (1#+$+#$ '(- [Tq (/ -$ #/0"/9+904*90(,#'9% /9 *(%49/'(/ $ -$% ,*(% '9%#% '9:-(% 4*(V(/+#M/ '( -$ ,*$/%0#%#M/ 4(*#/$,$- '(- ]R^7 J$ (1#+$+#$ (% #/#+#$-(%c %( *(+90#(/'$ *(4(,#* -$ V$+"/$+#M/c "/$ V(S p"( %( 0(/9* %# -$ 0$'*( 49*,$'9*$ +9/ /#V(-(% $-,9% '( ?BA '(,(/8$ "/ +9/,(9 '( =?P500O v T\\ N "/$ +$*8$ V#*$]R^ fv a -98>\@K 5 0Jg7 J$ V$+"/$ +9/,*$ -$ #/1(++#M/ 49* ]R^ #/'(,(+,$:-(7 #/'(,(+,$:-(7 J9% 4$+#(/,(% #/0"/9+904*90(,#'9% #/0"/9+904*90(,#'9% /(+(%#,$/ %( $4-#+$ (/ ,*(% '9%#% 49* V.$ #/,*$0"%+"-$* $ -9% \c > N Y %(* V#8#-$'9% N 4*949*+#9/$* '9%#% $'#+#9/$-(%c +"$/'9 -9% 0(%(%7 )*9'"+( $/,#+"(*49% 4*9,(+,9*(% (/ /#V(-(% $/,#mR^% %( (/+"(/,*(/ 49* '(:$k9 '( >\\ K@75@7 $4*9;#0$'$0(/,( (- O\q m TTq '( -9% $'"-,9% %$/9% z P\ $r9% '(%4"U% '( -$ 4*#0(*$ '9%#%c '(- ZTq '(%4"U% '( -$ %(8"/'$ '9%#% N v [\q '(%4"U% '( -$ ,(*+(*$ '9%#% J$ ('$' v P\ $r9%c (- ,$:$p"#%09c -$ 9:(%#'$'c (- #/0"/9+904*90#%9 f]@Rc 4$+#(/,(% +9/ ,*$%4-$/,( N 3(0$,9-M8#+9%g N -9% 1$+,9*(% 8(/U,#+9% '#%0#/"N(/ -$ *(%4"(%,$ $ -$ V$+"/$ +9/,*$ ]R^7 J$ V$+"/$+#M/ '(:( 91*(+(*%( (/ 4*#/+#4#9 $ 4(*%9/$% /9 V$+"/$'$% (/ *#(%89 '( #/1(++#M/ N $ -9% 8*"49% '( $-,9 *#(%897 A 4(%$* '( p"( (/
J9% 8*"49% '( $-,9 *#(%89 '( #/1(++#M/ 4$*$ ]R^c #/+-"N(/2 4(*%9/$% p"( /$+#(*9/ (/ i*($% (/'U0#+$% +9/ $-,$ 4*(V$-(/+#$ '(- ]R^c 4$*(k$ 9 +9/,$+,9 %(;"$- '( 4(*%9/$% R^%A8m49%#,#V9%c 4(*%9/$% +9/ 0X-,#4-(% 4$*(k$% %(;"$-(% 9 $/,(+('(/,( '( (/1(*0('$'(% '( ,*$/%0#%#M/ %(;"$-c 390:*(% p"( ,#(/(/ %(;9 +9/ 390:*(%c *(+-"%9% '( 0('#9% 4(/#,(/+#$*#9%c 4(/#,(/+#$*#9%c '*98$'#+,9% p"( ",#-#S$/ ",#-#S$/ k(*#/8$% +904$*,#'$%c $p"(--9% +9/ (-(V$+#M/ +*M/#+$ '( AJE 9 ADEc 4(*%9/$% #/1(+,$'$% +9/ ]R=c ]@Rc 4$+#(/,(% %90(,#'9% $ '#i-#%#%c L\T
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70; 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+ 5#/,(*#9*5+$,$-989<$(%,*9! $,$-989<$(%,*9!)=73,0)=73,00"k(*(% (0:$*$S$'$% N 4(*%9/$% p"( *(p"#(*(/ ,(*$4#$ 4$*$ 0$*+$'9*(% %(*9-M8#+9% '(- ]R^7 D( *(+90#(/'$ -$ #/0"/9%"4*(%9*$7 D( *(+90#(/'$ *($-#S$* 4*"(:$ '( $4-#+$+#M/ '( T\\ K@ '( #/0"/98-9:"-#/$ +9/,*$ 3(4$,#,#% ^ '(,(++#M/ 4$*$ ]R^ $ -9% 8*"49% '( $-,9 *#(%897 J$ 4*"(:$ fR^!@g 49%,(*#9* $ "/ +9/,$+,9 %(;"$- %#/ 4*9,(++#M/ +9/ "/ '(:( #/+-"#* R^%A8 N $/,#mR^%7 I/ 4$+#(/,(% #/0"/9m 49*,$'9* '(- ]R^c 9 :#(/ (/ +$%9 '( (;49%#+#M/ +9/ 9:k(,9% +904*90(,#'9%c -$ 4*"(:$ '(:( #/+-"#* R^%A8 N $/,#mR^+7 4"/S9+9*,$/,(% N 3(09'(*#V$'9% '( 49*,$'9*(% '( ]R^7 J$ E9'$ -$% 4(*%9/$% +9/ (%,$'9 %(*9/(8$,#V9 '(:(/ %(* $4-#+$+#M/ '(:( %(* (/ -$% 4*#0(*$% Pa 39*$% N /9 '(%4"U% '( V$+"/$'$%7 E9'$% -$% 4(*%9/$% +9/ #/1(++#M/ +*M/#+$ 49* (Z '.$% '(- +9/,$+,97 ]R^ %#/ 3#%,9*#$ '( 3(4$,#,#% A '(:(/ *(+#:#* '9% '9%#% '( D( 3$/ #'(/,#1#+$'9 /"(V( 8(/9,#49% '(- ]R^c '(/90#/$'9% V$+"/$ +9/,*$ 3(4$,#,#% Ac +9/ "/$ '#1(*(/+#$ (/ %" $4-#+$+#M/ '( -$ A $ -$ @7 I- 8(/9,#49 '(%(04(r$ "/ 4$4(- #049*,$/,( (/ (/,*( Y N >a 0(%(%c $/,( (- *#(%89 '( '(%$**9--$* 3(4$,#,#% A -$ 4*98*(%#M/ '(- ]R^ N (/ -$ *(%4"(%,$ $- ,*$,$0#(/,9 +9/ $8"'$ 1"-0#/$/,(7 I- *#(%89 '( ,*$/%0#%#M/ '(- ]R^ '( #/,(*1(*M/7 J9% 8(/9,#49% ^ N =c 4*('90#/$/ (/ A%#$c 0#(/,*$% ,*$:$k$'9*(% '( -$ %$-"' #/1(+,$'9% $ -9% 4$+#(/,(% 9+"**( (/ p"( -9% 8(/9,#49% Q N R 4*('90#/$ (/ J$,#/9$0U*#+$7 I*$*$% 9+$%#9/(%7 8(/9,#49 Rc %( 3$ '(,(+,$'9 4*#/+#4$-0(/,( (/
7Pm[7[g N (/ 4$+#(/,(% %(*9+9/V(*%#M/ '(- R^(A8c *(0#%#M/ %9%,(/#'$ '(%4"U% '( -$ ,*$%4-$/,$'9% fFHc P7Lw @= [Tqc >7Pm>L7>g7 I% 1"/'$0(/,$- "/ %(*9+9/V(*%#M/ R^(A8c -#0#,$'$ $+,#V#'$' /(+*9#/1-$0$,9*#$ %(8"#0#(/,9 '( -9% 4$+#(/,(% '( $-,9 *#(%89 N (V$-"$* -$ 3(4i,#+$ N "/$ 0(/9* ,$%$ '( 4*98*(%#M/ $ +#**9%#% N (4#'(0#9-98#$ '( -$% #/1(++#9/(% $'p"#*#'$% 49* ,*$/%1"%#M/ '(%$**9--9 '( 3(4$,9+$*+#/90$7 ?"*$/,( -$ $'0#/#%,*$+#M/ $'0#/#%,*$+#M/ '( '( 3(09'(*#V$'9% (/ -9% +(/,*9% '( $,(/+#M/7 I- *#(%89 '( #/,(*1(*M/c -9% 4$+#(/,(% +9/ 8(/9,#49 A N ^ %( 3$/ $%9+#$'9 #/1(++#M/ '(%4"U% '( -$ ,*$/%1"%#M/ '( %$/8*( N ,*$%4-$/,( '( +9/ "/$ 0$N9* ,$%$ '( %(*9+9/V(*%#M/ '(- R^(A8 (/ M*8$/9% /9 3(4i,#+9% f*#r9/(%c -9% 4"-09/(%c +9*$SM/g '( +904$*$+#M/ +9/ -9% 8(/9,#49% = N ?7 4(*%9/$% +9/ $/,#mR^+ (% '( \ $ >Oq7 I- *#(%89 '( #/1(++#M/ J$ #/+#'(/+#$ $/"$- '( +#**9%#% (/ 4$+#(/,(% +9/ #/1(++#M/ '(%4"U% '( "/ ,*$%4-$/,( 3(4i,#+9 '( '9/$'9*(% R^%A8 +*M/#+$ 49* (- ]R^ (% '( $4*9;#0$'$0(/,( Yqc +9/ "/$ /(8$,#V9% N $/,#mR^+ 49%#,#V9% (% $-,$ fZTqg N (%,i *(-$+#9/$'$ #/+#'(/+#$ $+"0"-$'$ '( L\q $ -9% +#/+9 $r9%7 J9% 1$+,9*(% +9/ (- (%,$'9 #/0"/9-M8#+9 '( -9% *(+(4,9*(%7 '(- 3"U%4(' N '(- ]R^ p"( #/+*(0(/,$/ (- *#(%89 '( B9 (;#%,(/ 0('#'$% '#(,U,#+$% (%4(+.1#+$% p"( '(0"(%,*(/ "/ '(%$**9--$* +#**9%#% %9/2 ('$' $V$/S$'$ f0$N9* (;49%#+#M/ $ -$ (1(+,9 %9:*( -$ 4*98*(%#M/ '( -$ 3(4$,#,#% ^7 D#/ (0:$*89c (#/1(++#M/gc /#V(-(% (-(V$'9% ?BA '(- ]R^c +9/%"09 3$:#,"$+9/%"09 (/ (;+(%9 '( $-+939- fvL\ 85'.$ (/ -$ 0"k(* N v O\ '( $-+939-c +9#/1(++#9/ +9/ V#*"% '( 3(4$,#,#% =c ? N V#*"% '( 85'.$ (/ (- 390:*(g 4"('( %(* "/ 1$+,9* '( *#(%89 4$*$ (#/0"/9'(1#+#(/+#$ 3"0$/$7 J$ 4*(%(/+#$ '( R^(A8 N /#V(-(% '(%$**9--9 '( +#**9%#%7 I- +9/%"09 (;+(%#V9 '( $-+939-c (-(V$'9% '( ?BA '(- ]R^c %9/ 1$+,9*(% '( *#(%89 +$*+#/M8(/9% +909 $1-$,9;#/$ N (- ,$:$p"#%09c +9/%,#,"N(/ #/'(4(/'#(/,( 4$*$ (- '(%$**9--9 '( +#**9%#% N 1$+,9*(% p"( #/+*(0(/,$/ (- *#(%89 '( +#**9%#% N 3(4$,9+$*+#/90$7 I- %(;9 0$%+"-#/9c -$ 3#%,9*#$ 1$0#-#$* '( 3(4$,9+$*+#/90$7 +i/+(* 3(4i,#+9c -$ ('$' $V$/S$'$c -$ 3#%,9*#$ '( *(V(*%#M/ '( $/,#mR^( $ R^(A8c -$ 4*(%(/+#$ '( +#**9%#%c (- 8(/9,#49 = '(D( '(:( $+9/%(k$* $ ,9'9% -9% 4$+#(/,(% +9/ #/1(++#M/ +*M/#+$ ]R^ N -$ +9#/1(++#9/ +9/ ]R= %9/ 1$+,9*(% '( *#(%89 4$*$ (49* ]R^c 09'#1#+$* (- (%,#-9 '( V#'$c (V#,$* $+,#V#'$'(% '( '(%$**9--9 '( 3(4$,9+$*+#/90$7 3(4$,9+$*+#/90$7 *#(%89c ,90$* 0('#'$% '( 4*(V(/+#M/ 4$*$ -#0#,$* -$ ,*$/%0#%#M/ ( #/19*0$*-(% %9:*( -$ #049*,$/+#$ '(I/ (- $'"-,9c -$ #/1(++#M/ 49* (- ]R^c 3$:#,"$-0(/,( /9 %( %(8"#0#(/,9 $ -$*89 4-$S97 I/ 49*,$'9*(% '( 3(4$,#,#% ^c %( $%9+#$ +9/ "/$ (/1(*0('$' %#/,90i,#+$7 J$ #/1(++#M/ +*M/#+$ *(+90#(/'$ -$ $:%,#/(/+#$ 9 (- "%9 -#0#,$'9 '( $-+939-7 I% 49* (- ]R^c ,#(/( +"$,*9 1$%(%c '( $+"(*'9 $ -$ 4*(%(/+#$ 9 4*#9*#,$*#9 4*949*+#9/$* "/$ '(,$--$'$ (;4-#+$+#M/ '( -$ $"%(/+#$ '(- R^(A8c +$*8$ V#*$-c /#V(- '( AJE N 3$--$S89% (/1(*0('$'c +9/ U/1$%#% (/ -$% +904-#+$+#9/(% $ -$*89 4-$S97 3#%,9-M8#+9%7 J$% 1$%(% '( -$ #/1(++#M/ +*M/#+$ 49* ]R^ %9/2 $g D( '(:( %"8(*#* $ -9% 4$+#(/,(% #/1(+,$'9% #/1(+,$'9% /9 '9/$* %$/8*(7 D( @/0"/9,9-(*$/+#$c @/0"/9,9-(*$/+#$c :g @/0"/9(-#0#/$+#9/c @/0"/9(-#0#/$+#9/c +g )9*,$'9* #/$+,#V9 '(:(/ (V#,$* +9/,$+,9% %(;"$-(% %#/ 4*9,(++#M/ +9/ N 'g R(4$,#,#% +*M/#+$ R^(A8 /(8$,#V$7 49*,$'9*(% 49%#,#V9% 4$*$ $/,.8(/9 '( %"4(*1#+#( fR^%A8g7 J9% +904$r(*9% %(;"$-(% '( 49*,$'9*(% '(- ]R^ ,#(/(/ 0$N9* *#(%89 '( #/1(++#M/ N '(:(/ %(* V$+"/$'9% %# %9/ /(8$,#V9% L\Y
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70; 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+ 5#/,(*#9*5+$,$-989<$(%,*9! $,$-989<$(%,*9!)=73,0)=73,0>g R^%A8 ~ 49* 0i% '( Y 0(%(%c ?@A!BCDE@=F J$ (V$-"$+#M/ #/#+#$- '(- 4$+#(/,( +9/ #/1(++#M/ +*M/#+$ 49* ]R^ '(:(*i #/+-"#*2 3#%,9*#$ +-./#+$ +904-(,$c #/V(%,#8$* 1$+,9*(% '( *#(%89 4$*$ #/1(++#M/c #/V(%,#8$* $/,(+('(/,( '( (/1(*0('$'(% '( ,*$/%0#%#M/ %(;"$-c +9/%"09 '( $-+939- ( 3#%,9*#$ 1$0#-#$* '( #/1(++#M/ 49* ]R^ N +i/+(* 3(4i,#+97 I% 4*#9*#,$*#9 #/V(%,#8$* %#%,(0i,#+$0(/,( 9,*$% +$"%$% '( (/1(*0('$' 3(4i,#+$ +*M/#+$c (/,*( (--$%c +9#/1(++#9/ fV#*"% '( 3(4$,#,#% =c ? N ]@Rg N +909*:#-#'$'(% f(/1(*0('$' 3(4i,#+$ $-+93M-#+$c $",9#/0"/( 9 0(,$:M-#+$ +9/ (%,($,9%#% 9 (%,($,93(4$,#,#%g7 J$ (;4-9*$+#M/ 1.%#+$ %( '(:( (/19+$* (/ -$ :X%p"('$ '( %#8/9% N %./,90$% '( (/1(*0('$' 3(4i,#+$ +*M/#+$ N +#**9%#% f(*#,(0$ 4$-0$*c ,(-$/8#(+,$%#$%c 8#/(+90$%,#$c $,*91#$ ,(%,#+"-$*g 3#4(*,(/%#M/ 49*,$- f$%+#,#%c +#*+"-$+#M/ $:'90#/$- +9-$,(*$-c (%4-(/90(8$-#$g N 1$--$ 3(4i,#+$ f#+,(*#+#$c (/+(1$-94$,.$g7 J$ (V$-"$+#M/ '( -$ %(V(*#'$' '( -$ (/1(*0('$' 3(4i,#+$ '(:( #/+-"#* 0$*+$'9*(% :#9p".0#+9% f$%4$*,$,9 $0#/9,*$/%1(*$%$ fADEgc $-$/#/9 $0#/9,*$/1(*$%$ fAJEgc 8$00$m8-",$0#- ,*$/%4(4,#'$%$ f!!Egc 19%1$,$%$ $-+$-#/$c ,#(049 '( 4*9,*90:#/$ N $-:"0#/$ %U*#+$7 D( *(+90#(/'$ %9-#+#,$* :#90(,*.$ 3(0i,#+$ +904-(,$ N (%,"'#9% '( 1"/+#M/ *(/$-7 D( '(:( %9-#+#,$* "-,*$%9/#'9 $:'90#/$- (/ ,9'9% -9% 4$+#(/,(% +9/ #/1(++#M/ +*M/#+$ 49* ]R^c %#(/'9 1"/'$0(/,$- #/V(%,#8$* %#8/9% '( +#**9%#% 3(4i,#+$c 3#4(*,(/%#M/ 49*,$- N -(%#9/(% 3(4i,#+$%7 I/ -$ (V$-"$+#M/ '(- 4$+#(/,( +9/ %9%4(+3$ 9 #/1(++#M/ +*M/#+$ 49* ]R^ %( '(:( %9-#+#,$* 4*"(:$% '( *(4-#+$+#M/ '(V#*"% R^(A8c $/,#m R^(A8 N ?BA '(- ]R^7 E$0:#U/ %( *(+90#(/'$ %9-#+#,$* (- $/,#+"(*49 @8< 4$*$ -$ 1*$++#M/ +9*( f$/,#mR^+g7 J$% 4*"(:$% '( *($++#M/ (/ +$'(/$ '( 49-#0(*$%$ f)=Hg '#%49/#:-(% 3$:#,"$-0(/,( ,#(/(/ "/ -.0#,( '( '(,(++#M/ '( T\mL\\ @K50J fLT\m>c\\\ +94#(%50Jg7 H(+#(/,(0(/,(c 4*"(:$% '( )=H (/ ,#(049 *($-c 0(k9*$/ -$ %(/%#:#-#'$' N %" -.0#,( '( '(,(++#M/ (% '( Tm>\ @K50J D( *(+90#(/'$ '(,(*0#/$* +$*8$ V#*$- $ ,9'9 4$+#(/,( +9/ #/1(++#M/ +*M/#+$ 49* ]R^7 J$ '(,(++#M/ '(- ?BA '(- ]R^ +9/%,#,"N( "/ (-(0(/,9 (%(/+#$- 4$*$ (- '#$8/M%,#+9c ,90$ '( '(+#%#M/ ,(*$4U",#+$c $%. +909 4$*$ (%,$:-(+(* "/ 4-$/ '( %(8"#0#(/,97 I/ (- %(8"#0#(/,9 '( -$ +$*8$ V#*$-c %( *(+90#(/'$ (04-($* -$ 4*"(:$ '( *($++#M/ (/ +$'(/$ '( 49-#0(*$%$ (/ ,#(049 *($-c '(:#'9 $ %" :"(/$ %(/%#:#-#'$'c (%4(+#1#+#'$' N (;$+,#,"' '#$8/9%,#+$7 J9% /#V(-(% (/ %"(*9 '( -$ +$*8$ V#*$- '(- ]R^ '(:(/ (;4*(%$*%( (/ K@50-c 4$*$ $%(8"*$* -$ +904$*$:#-#'$'7 I% *(+90(/'$:-( ",#-#S$* -$ 0#%0$ 4*"(:$ (/ (- 0#%09 4$+#(/,( 4(*0#,#(/'9 (V$-"$* -$ (1#+$+#$ '( -$ #/,(*V(/+#M/7 J9% +*#,(*#9% 4$*$ (%,$:-(+(* -$ #/1(++#M/ +*M/#+$ 49* ]R^ %9/2
Lg +$*8$ V#*$- f‚ L\c\\\ K@5 0- f>\T +94#$%50-gc V$-9*(% 0i% :$k9% Lc\\\m L\c\\\ K@50- f>\P } >\T +94#$%50-g %9/ 9:%(*V$'9% (/ R^(A8 /(8$,#V9%c Og B#V(-(% '( AJE5 ADE #/,(*0#,(/,(0(/,( #/,(*0#,(/,(0(/,( (-(V$'9% N
4(*%#%,(/,(0(/,(
9
Pg ^#94%#$ 3(4i,#+$ +9/ 3(4$,#,#% +*M/#+$ +9/ 09'(*$'$ 9 %(V(*$ /(+*9#/1-$0$+#9/7 J9% +*#,(*#9% 4$*$ (%,$:-(+(* (- (%,$'9 '( 49*,$'9* #/$+,#V9 R^%A8 %9/2 >g R^%A8 ~ 49* 0i% '( Y 0(%(% Lg R^(A8 mc $/,# R^( ~ Og +$*8$ V#*$- Lc\\\ K@50- Pg B#V(-(% AJE5ADE 4(*%#%,(/,(0(/,( /9*0$-(% Tg J$ :#94%#$ 3(4i,#+$ +9/1#*0$ $"%(/+#$ '( 3(4$,#,#% %#8/#1#+$,#V$7 J9% +*#,(*#9% 4$*$ (%,$:-(+(* 3(4$,#,#% ^ *(%"(-,$ %9/2 >g R#%,9*#$ 4*(V#$ +9/9+#'$ '( 3(4$,#,#% ^ $8"'$ 9 +*M/#+$ 9 -$ 4*(%(/+#$ '( $/,# R^+ c $/,# R^% Lg R^%A8 /(8$,#V9 Og ?BA ]R^ #/'(,(+,$:-( Pg B#V(-(% '( AJE /9*0$-(%7 J$ '(,(++#M/ '( +$*8$ V#*$- f?BA '(- ]R^g (/ $"%(/+#$ '( R^%A8c +9/ 9 %#/ -$ 4*(%(/+#$ '( $/,#+"(*49% $/,#m]R^ 1"(*$ '(- 4(*#9'9 '( V(/,$/$ '( -$ 1$%( $8"'$c '(1#/( #/1(++#M/ 9+"-,$ 49* ]R^7 J$ 1*(+"(/+#$ '(- '#$8/M%,#+9 '( 3(4$,#,#% ^ 9+"-,$ '(4(/'( '( -$ %(/%#:#-#'$' '( -$% 4*"(:$% '( i+#'9 /"+-(#+9 4$*$ '(,(+,$* (- ?BA '(- ]R^ $%. +909 '( -$ 4*(V$-(/+#$ '( -$ #/1(++#M/ (/ -$ 49:-$+#M/ (/ (%,"'#97 J$ 3(4$,#,#% ^ 9+"-,$ 3$ %#'9 '(%+*#,$ (/ 4$+#(/,(% +9/ +$*+#/90$ 3(4$,9+(-"-$*c (/ #/'#V#'"9% +9/ #/1(++#M/ +*M/#+$ 49* ]R^ N ]R= N (/ 4$+#(/,(% +9/ #/0"/9+904*90#%9 #/0"/9+904*90#%9 f]@Rc ,*$%4-$/,( N (/1(*0('$'(% 3(0$,9-M8#+9%g7 I/ 4$+#(/,(% ]@R 49%#,#V9 +9/ =?P~ v L\\ +U-"-$%c +9/ R^A8 ~ N $/,#mR^+ ~c %( %"8#(*( %9-#+#,$* +$*8$ V#*$- 4$*$ ]R^ (/ :"%+$ '( 3(4$,#,#% ^ 9+"-,$7 D( *(+90#(/'$ *($-#S$* :#94%#$ 3(4i,#+$ 4$*$ '(,(*0#/$* (8*$'9 '( /(+*9#/1-$0$+#9/ N 1#:*9%#% (/ 4$+#(/,(% +9/ /#V(-(% (-(V$'9% '( AJE 9 ?BA '( ]R^ vL\\\ @K50-7 I% #049*,$/,( p"( (- ,$0$/9 '( -$ 0"(%,*$ 9:,(/#'$ %($ -9 %"1#+#(/,(0(/,( 8*$/'( 4$*$ 4*(+#%$0(/,( $/$-#S$* $'(+"$'$0(/,( (- 8*$'9 '( -(%#M/ 3(4i,#+$ N 1#:*9%#%7 I/ 4$+#(/,(% +9/ 3(4$,#,#% ^ +*M/#+$ R^(A8 49%#,#V9c %( '(:( +9/%#'(*$* :#94%#$ 3(4i,#+$ (/ 4$+#(/,(% +9/ /#V(-(% '( AJE (-(V$'9% 0./#0$0(/,( 9 '( 19*0$ 1-"+,"$/,(c (%4(+#$-0(/,( (%4(+#$-0(/,( (/ 4$+#(/,(% 0$N9*(% '( P\ $r9%7 I/ 4$+#(/,(% +9/ 3(4$,#,#% ^ +*M/#+$ N R^(A8 /(8$,#V9c p"( ,#(/(/ /#V(-(% :$k9% '( ?BA '(- ]R^ f fLc\\\mL\c\\\ @K50Jg N /#V(-(% '( AJE 0./#0$0(/,( (-(V$'9% 9 (/ (- -.0#,( /9*0$- %( '(:( +9/%#'(*$* :#94%#$ 3(4i,#+$7 B9 '(:( *($-#S$*%( :#94%#$ 3(4i,#+$ (/ 4$+#(/,(% +9/ (V#'(/+#$ '( +#**9%#% 3(4i,#+$ 9 (/ $p"(--9% (/ -9% p"( (%,( #/'#+$'9 (L\Z
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0,*$,$0#(/,9 #/'(4(/'#(/,(0(/,( '(- 8*$'9 '( $+,#V#'$' 9 AJE %9/ /9*0$-(% 9 -$ +$*8$ V#*$- (% 0(/9* '( L\\\ K@501#:*9%#%7 D( '(:( +9/%#'(*$* :#94%#$ (/ 4$+#(/,(% R^%A8 ( f>\c\\\+94#$%g7 J9% 4$+#(/,(% +9/ +#**9%#% 3(4i,#+$ 49%#,#V9c +9/2 >7m =$*8$ V#*$- 0$N9* '( >\T +94#$%50- N AJE '(%+904(/%$'$ *(p"#(*(/ ,*$,$0#(/,9 $/,#V#*$- "*8(/,( +9/ /9*0$-(% L7m F4+#9/$- %# -$ +$*8$ V#*$- (% 0(/9* '( >\T $/i-989% /"+-(M,#'9%7 J$ %"4*(%#M/ V#*$- *i4#'$ N -$ +94#$%50- N AJE /9*0$-7 4*(V(/+#M/ (1#+$S '( -$ *(%#%,(/+#$ %9/ (-(0(/,9% 0$/'$,$*#9% (/ (%,( 8*"497 B9 *(p"#(*(/ ,*$,$0#(/,9 -9% D( '(:( +9/%#'(*$* :#94%#$ (/ 4$+#(/,(% R^%A8 ( /(8$,#V9c %#2 4$+#(/,(% +9/ (-(V$+#M/ -(V( '( AJE fz L V(+(% (- -.0#,( >7m =$*8$ V#*$- 0$N9* '( >\P +94#$%50- N AJE /9*0$-(% L7m %"4(*#9* /9*0$-g N -(%#9/(% 3#%,9-M8#+$% -(V(% fz ALQL '(F4+#9/$- %# -$ +$*8$ V#*$- (% 0(/9* '( >\P +94#$%50- N AJE %+9*(
EHAEA<@IBEF J$% #/'#+$+#9/(% '( ,*$,$0#(/,9 (/ 4$+#(/,(% R^(A8m49%#,#V9 N R^(A8m/(8$,#V9 +9/ #/1(++#M/ +*M/#+$ 49* ]R^c *(p"#(*( +9/%#'(*$* -$ +90:#/$+#M/ '( ,*(% (-(0(/,9%2 /#V(- '( +$*8$ V#*$-c /#V(- %U*#+9 '( $0#/9,*$/%1(*$%$%c $%. +909c (- 8*$'9 N (%,$'#9 3#%,9-M8#+97 D( '(:( +9/%#'(*$* ,*$,$0#(/,9 (/ $p"(--9% 4$+#(/,(% +9/ /#V(-(% '( ?BA ]R^ $-*('('9* '( L\\\ K@50f$4*9;#0$'$0(/,( >\c\\\ +94#$%50-gc /#V(-(% '( AJE 49* $**#:$ '(- -.0#,( %"4(*#9* /9*0$- N (V#'(/+#$ (/ -$ :#94%#$ 3(4i,#+$ 9 0('#$/,( 0$*+$'9*(% /9 #/V$%#V9% fQ#:*9,(%,g '( $+,#V#'$' /(+*9#/1-$0$,9*#$ 09'(*$'$ 9 %(V(*$ N59 1#:*9%#% $0(/9% AL 9 (%,$'#9 QL
#/,(*1(*M/c +9/%,#,"N(/ "/$ 0(,$ 1#/$- '(%($:-(7 I/ 4$+#(/,(% %#/ +#**9%#%c %( *(+90#(/'$ (- #/#+#9 '( ,(*$4#$ $/,#V#*$- +"$/'9 (- /#V(- '( ?BA '(- ]R^ (% $- 0(/9% '( >7\ ; >\T +50- fL7\ ; >\P @K50-gc (;#%,( (-(V$+#M/ '(- /#V(- '( AJE f'9% V(+(% 49* $**#:$ '(- -.0#,( %"4(*#9* /9*0$- 49* $- 0(/9% O 0(%(%g N 3$N 4*(%(/+#$ '( 3(4$,#,#% #/,(*1$%( 9 1#:*9%#% %#8/#1#+$,#V$ (/ -$ :#94%#$ 3(4i,#+$7 I;#%,(/ '9% 4*#/+#4$-(% ,#49% '( ,(*$4#$% '#%49/#:-(% 4$*$ (,*$,$0#(/,9 '( 4$+#(/,(% +9/ #/1(++#M/ +*M/#+$ 49* ]R^2 -9% #/,(*1(*9/(% f#/0"/909'"-$'9*(%g N -9% $/,#V#*$-(% f$/i-989% /"+-(9%f,g#'9%g p"( #/,(*1#(*(/ +9/ -$ *(4-#+$+#M/ '(- ?BA '(V#*"% '( 3(4$,#,#% ^7 F+39 $8(/,(% 3$/ %#'9 $4*9:$'9% 49* -$ Q?A (/ I%,$'9% K/#'9% 4$*$ (- ,*$,$0#(/,9 '( #/1(++#M/ +*M/#+$ 49* ]R^2 #/,(*1(*9/(% $-1$ fL: N L$gc $/i-989% /"+-(9%f,g#'9% f-$0#V"'#/$c $'(19V#*c (/,(+$V#*c ,(/919V#* N ,(-:#V"'#/$c (0,*#+#,$:#/$gc -9% +"$-(% 4"('(/ %(* ",#-#S$'9% +909 09/9,(*$4#$ 9 (/ +90:#/$+#M/7
L\a
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,04*((;#%,(/,( 9 +#**9%#% $V$/S$'$7 J9% 4$+#(/,(% p"( /9 J$ $'0#/#%,*$+#M/ '( #/,(*1(*M/ $-1$ +909 94+#M/ ,(*$4U",#+$ '(- 4$+#(/,( +9/ #/1(++#M/ +*M/#+$ 49* ]R^c #/+*(0(/,$ -$ *(%49/'#(*9/ $ ,*$,$0#(/,9 +9/ #/,(*1(*M/ f(%,i/'$* 9 #/+#'(/+#$ '( %(*9+9/V(*%#M/ R^(A8 N 4(*'#'$ '( R^%A87 J$ 4(8#-$'9g 4"('(/ %(* *(,*$,$'9% +9/ $/i-989% /"+-(9%f,g#'9% $'0#/#%,*$+#M/ '( 4(8m#/,(*1(*9/mŽ (/ (- ,*$,$0#(/,9 '( fABgc 4$*,#+"-$*0(/,( %# 3$N (-(V$+#M/ (/ -9% /#V(-(% '( AJE7 4$+#(/,(% +9/ #/1(++#M/ +*M/#+$ 49* ]R^c 4*9-9/8$ -$ *(0#%#M/ I- ,*$,$0#(/,9 +9/ $/i-989% /"+-(9%f,g#'9% %( '(:( +-./#+$c #/+*(0(/,$ -$ ,$%$ '( %(*9+9/V(*%#M/ R^%A8 N 0(k9*$ +9/%#'(*$* (/ 4$+#(/,(% /9 (-(8#:-(%c p"( /9 ,9-(*$/ 9 /9 -$ 3#%,9-98.$ 3(4i,#+$7 I;#%,( (V#'(/+#$ '( p"( -9% 4$+#(/,(% *(%49/'(/ $ ,*$,$0#(/,9 +9/ 4(8m#/,(*1(*9/7 J9% 4*('#+,9*(% p"( *(%49/'(/ $- ,*$,$0#(/,9 +9/ #/,(*1(*M/ 0(k9*$/ -$ '( *(%4"(%,$ 4$*$ -$ %(*9+9/V(*%#M/ R^( 4*(V#9 $ ,*$,$0#(/,9 %9:*(V#'$ N *('"+(/ (- *#(%89 '( '(%$**9--$* +9/ $/i-989% /"+-(9%f,g#'9% %9/2 ?BA ]R^ 0(/9* '( >\Z 3(4$,9+$*+#/90$7 I/ 4$+#(/,(% +9/ #/1(++#M/ +*M/#+$ 49* @K50- 9 Z -98>\ @K50-gc /#V(-(% %U*#+9% (-(V$'9% '( AJE f$**#:$ ]R^c -$ $'0#/#%,*$+#M/ '( 4(8m#/,(*1(*9/ $-1$mL$ +904$*$'9 '( O V(+(% (- -.0#,( %"4(*#9* /9*0$-gc $%. +909 (-(V$'9% +9/ #/,(*1(*M/ $-1$ L$ +9/V(/+#9/$- (% %"4(*#9* (/ (1#+$+#$ ./'#+(% '( $+,#V#'$' 0('#$/,( -$ :#94%#$ 3(4i,#+$7 K/$ V(S *(%4(+,9 $ -$ (-#0#/$+#M/ '( R^(A8c %"4*(%#M/ '( -$ +$*8$ p"( 9+"**( %(*9+9/V(*%#M/ R^( +9/ $/i-989% /"+-(9%f,g#'9%c V#*$- N /9*0$-#S$+#M/ '( -9% /#V(-(% '( AJE7 K/$ V(/,$k$ '((- ,*$,$0#(/,9 %( '(:( 4*9-9/8$* '( Y $ >L 0(%(% $'#+#9/$-(% #/,(*1(*M/ (% p"( /9 (%,i $%9+#$'9 +9/ (- '(%$**9--9 '( f4*(1(*(/,(0(/,(g7 I- (04-(9 $ -$*89 4-$S9 '( $/i-989% *(%#%,(/+#$ $/,#V#*$-7 I- #/,(*1(*M/ 4(8#-$'9 '(:( +9/%#'(*$*%( /"+-(9%f,g#'9% (% *(+90(/'$'9 (/ $p"(--9% 4$+#(/,(% p"( /9 +909 94+#M/ ,(*$4U",#+$ X,#- (/ 4$+#(/,(% %#/ /#/8"/$ $-+$/S$/ *(%4"(%,$ V#*9-M8#+$ %9%,(/#'$7 E$0:#U/ %( +9/,*$#/'#+$+#M/c '(:#'9 $ -$ (-(V$'$ 4*9:$:#-#'$' '( *(+90#(/'$ (/ 4$+#(/,(% +9/ +#**9%#% 3(4i,#+$ $-+$/S$* *(%4"(%,$ %9%,(/#'$ +904$*$'9 +9/ -9% $/i-989% #/'(4(/'#(/,(0(/,( '(- (%,$,"% R^(A8 9 %(*9+9/V(*%#M/ /"+-(9%f,g#'9%c 4$*,#+"-$*0(/,( (/ 4$+#(/,(% R^(A8m49%#,#V97 R^(7 I- #/,(*1(*M/ 4"('( %(* (04-($'9 +909 94+#M/ '( I%,"'#9% 4*(V#9% %(r$-$:$/ p"( 3$%,$ '9% ,(*+#9% '( -9% ,*$,$0#(/,9 (/ 4$+#(/,(% +9/ +#**9%#% +904(/%$'$c N /9 (/ 4$+#(/,(% +9/ (-(V$+#M/ 09'(*$'$ '( AJE 4*(,*$,$0#(/,9c 4$+#(/,(% +9/ +#**9%#% $V$/S$'$c '(:#'9 $ p"( #/+*(0(/,$/ ($-+$/S$/ %(*9+9/V(*%#M/ R^(A8c '(%4"U% '( *(+#:#* O $r9% '( *#(%89 '( %(4%#% N '(%+904(/%$+#M/7 J9% 4*('#+,9*(% '( ,*$,$0#(/,9 +9/ -$0#V"'#/$7 J$ *(%#%,(/+#$ $ -$0#V"'#/$ (/ *(%4"(%,$ 4$*$ -$ %(*9+9/V(*%#M/ R^(c 4*(V#$ $- ,*$,$0#(/,9 09/9,(*$4#$ (% '( LPq '"*$/,( (- 4*#0(* $r9 '( ,*$,$0#(/,9 +9/ #/,(*1(*M/ %9/2 :$k$ +$*8$ V#*$- f?BA ]R^ 0(/9* '( >\Z Nc %( (-(V$ $ Z>q '(%4"U% '( +#/+9 $r9%7 @K50- 9 Z -98>\ @K50-gc /#V(-(% %U*#+9% (-(V$'9% '( AJE f$**#:$ '( O V(+(% (- -.0#,( %"4(*#9* /9*0$-gc $%. +909 (-(V$'9% I/ -$ $+,"$-#'$' -$0#V"'#/$ /9 %( *(+90#(/'$ $'0#/#%,*$* (/ ./'#+(% '( $+,#V#'$' 0('#$/,( -$ :#94%#$ 3(4i,#+$7 H(%4(+,9 $ 09/9,(*$4#$ '(:#'9 $- (-(V$'9 *#(%89 '( *(%#%,(/+#$7 I/ +$%9 -9% 4*('#+,9*(% '( *(%4"(%,$ '"*$/,( (- ,*$,$0#(/,9 +9/ '( *(%#%,(/+#$ $ -$0#V"'#/$c %( *(+90#(/'$ $8*(8$* (/ #/,(*1(*M/c -$ '#%0#/"+#M/ '(- R^(A8 $ -$ %(0$/$ LP 4"('( 4*#/+#4#9c ,(/919V#*c (/ +$%9 '( /9 +9/,$* +9/ ,(/919V#*c 4*('(+#* -$ %(*9+9/V(*%#M/ R^(7 J$ 4*9:$:#-#'$' '( $-+$/S$* (V$-"$* "%9 '( $'(19V#*7 I% #049*,$/,( '(%,$+$* p"( -$% "/$ 0$N9* (-#0#/$+#M/ '(- R^(A8c %( #/+*(0(/,$ (/ 4*#/+#4$-(% '(%V(/,$k$% '(- "%9 '( -$0#V"'#/$c #/+-"N(/ "/$ 4$+#(/,(% p"( *(+#:(/ )(8m#/,(*1(*9/ N p"( ,#(/(/ 8(/9,#49 (-(V$'$ #/+#'(/+#$ '( *(%#%,(/+#$ $/,#V#*$- N (- $-,9 *#(%89 '( ^7 J9% 4$+#(/,(% p"( ,#(/(/ $-,$ 4*9:$:#-#'$' '( ,(/(* *(+$.'$ $- %"%4(/'(* (- ,*$,$0#(/,97 B9 %( *(+90#(/'$ *(%4"(%,$ $ 4(8m#/,(*1(*9/ %9/ $p"(--9% +9/ 8(/9,#49 A 9 ^c #/'#+$* -$0#V"'#/$ (/ $p"(--9% 4$+#(/,(% p"( %( 4*(VU "/ /#V(- %U*#+9 '( ?BA ]R^ 0(/9* >7\ ; >\[ +94#$%50- fL7\ ; >\a (04-(9 4*9-9/8$'9 '( $/i-989% /"+-(9%f,g#'9%c '(:#'9 $ p"( @K50-g N /#V(-(% %U*#+9% '( AJE '9% V(+(% 49* $**#:$ '(- -.0#,( %( #/+*(0(/,$ (- *#(%89 '( *(%#%,(/+#$7 J$ +90:#/$+#M/ %"4(*#9* /9*0$-7 J9% 8(/9,#49% A N ^ '(- ]R^ %9/ $%9+#$'9% ,(*$4U",#+$ '( 4(8#/,(*1(*9/ N -$0#V"'#/$ 4*9'"+( "/$ +9/ "/$ 0$N9* *(%4"(%,$ $ #/,(*1(*M/ $-1$ (/ +904$*$+#M/ $ *(%4"(%,$ V#*9-M8#+$ %9%,(/#'$ 0$N9* (/ +904$*$+#M/ $ -$ -9% 8(/9,#49% = N ?7 I% #049*,$/,( +9/%#'(*$* p"( (- 8(/9,#49 $'0#/#%,*$+#M/ '( -$0#V"'#/$ (/ 09/9,(*$4#$7 D( 49* %. %9-9c /9 '(:( '(,(*0#/$* (- ,#49 '( ,*$,$0#(/,9 $ *(+90#(/'$ p"( (- ,*$,$0#(/,9 '( 4$+#(/,(% +9/ #/1(++#M/ (04-($*7 D( *(+90#(/'$ p"( -$ '"*$+#M/ '(- ,*$,$0#(/,9 +9/ +*M/#+$ 49* ]R^c %( +9/19*0( 0('#$/,( -$ +90:#/$+#M/ '( )(8m@QB %($ '( "/ $r9c ,$/,9 (/ 4$+#(/,(% R^(A8m49%#,#V9 N #/0"/909'"-$'9*(% N $/,#V#*$-(%c '(:#'9 "/$ 0(/9* (1#+$+#$ R^(A8m /(8$,#V97 N (-(V$'9 *#(%89 '( *(%#%,(/+#$ '( -$ $'0#/#%,*$+#M/ '( -$0#V"'#/$ (/ 09/9,(*$4#$7 J9% $/i-989% /"+-(9%f,g#'9% +9/%,#,"N(/ "/$ 94+#M/ ,(*$4U",#+$ '( 4*#0(*$ -./($ (/ (- ,*$,$0#(/,9 '(- 4$+#(/,( +9/ #/1(++#M/ +*M/#+$ 49* ]R^c 4$*,#+"-$*0(/,( (/ 4$+#(/,(% +9/ (/1(*0('$' $",9#/0"/(c '(%9*'(/ 4%#p"#i,*#+9
I- (%,"'#9 !-9:(c 0"(%,*$ p"( -$ (1#+$+#$ '( ,(-:#V"'#/$ V(*%"% -$0#V"'#/$ (/ 4$+#(/,(% R^(A8m49%#,#V9 f/ƒ[L>g N R^(A8m/(8$,#V9 f/ƒPPYg (% %"4(*#9*c $- 9:%(*V$* p"( -9% L\[
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,04$+#(/,(% p"( *(+#:#(*9/ ,(-:#V"'#/$c -98*$*9/ "/$ 0$N9* '(:( $'0#/#%,*$* (/ '9%#% '( \7T 085'.$ V.$ 9*$-7 J$ '9%#% '( > ,$%$ '( V#*(0#$ #/'(,(+,$:-( N 0(/9* *(%#%,(/+#$ V#*$-7 085'.$ %( '(:( $'0#/#%,*$* (/ 4$+#(/,(% +9/ *(%#%,(/+#$ E(-:#V"'#/$ '(:( %(* $'0#/#%,*$'9 V.$ 9*$- (/ '9%#% '( Y\\ 4*((;#%,(/,( $ -$0#V"'#/$ I/,(+$V#* N ,(/919V#* ,#(/(/ "/ 085'.$ I/ +$%9 '( *(%#%,(/+#$ $ ,(-:#V"'#/$ %( *(+90#(/'$ M4,#09 4(*1#- '( *(%#%,(/+#$ N %( *(+90#(/'$/ +909 $/i-989% $8*(8$* ,(/919V#*c (/ +$%9 '( /9 +9/,$* +9/ (%,( X-,#09c /"+-(9%f,g#'9% '( 4*#0(*$ -./($ *(%4(+,9 $ ,*$,$0#(/,9 (/ (04-($* $'(19V#*7 D( '(%+9/9+( -$ %(8"*#'$' $ -$*89 4-$S9 '( 09/9,(*$4#$7 I/ +$%9 '( *(%#%,(/+#$ $ (/,(+$V#* $8*(8$* (%,$% +90:#/$+#9/(%7 ,(/919V#*7 J$ %(8"*#'$' '( (%,$ +90:#/$+#M/ (% '(%+9/9+#'$7 J9% 4$+#(/,(% p"( 1*$+$%$*9/ (/ $-+$/S$* *(%4"(%,$ 4*#0$*#$ J$ $'0#/#%,*$+#M/ '( $'(19V#* >\ 085'.$ '"*$/,( Pa %(0$/$%c f'#%0#/"+#M/ zL -98 (/ -$ +$*8$ '( ?BA ]R^ '(%4"U% '( $(/ 4$+#(/,(% R^(A849%#,#V9 +9/ #/1(++#M/ +*M/#+$ 49* (- ]R^c 0(/9% Y 0(%(% '( ,*$,$0#(/,9 +9/ $/i-989% /"+-(9%#'9%g 4(*0#,( 0(k9*.$ 3#%,9-M8#+$ 3(4i,#+$c *('"+( -9% /#V(-(% '(:(/ 09'#1#+$* (- ,*$,$0#(/,9 $ 9,*$ $-,(*/$,#V$ 9 *(+#:#* %U*#+9% '( +$*8$ V#*$- N $0#/9,*$/1(*$%$% ( #/+*(0(/,$ -$ ,$%$ ,(*$4#$ $'#+#9/$-7 I- ,*$,$0#(/,9 $/,#V#*$- '(:( %(* +$0:#$'9 '( %(*9+9/V(*%#M/ R^(A87 A +#/+9 $r9% '( ,*$,$0#(/,9 +9/ ,$/ 4*9/,9 +909 %($ 49%#:-( (/ +$%9 '( *(%#%,(/+#$ $/,#V#*$-7 $'(19V#* %( 3$ '(09%,*$'9 p"( -$ 4*949*+#M/ '( 4$+#(/,(% p"( ,#(/(/ "/ /#V(- '( ?BA ]R^ 49* '(:$k9 '( >7\ ; >\O +50J$ (-(V$+#M/ '( -$ +$*8$ V#*$- (% (- 4*#0(* %#8/9 '( *(%#%,(/+#$ fL\\ @K50-g #/+*(0(/,$ $ YZq 0#(/,*$% p"( -$ /9*0$-#S$+#M/ $/,#V#*$- N (% $ 0(/"'9 %(8"#'9 '( "/$ (-(V$+#M/ '(- /#V(- '( '( AJE (% '(- Y[q7 E$0:#U/ %( 3$ 9:%(*V$'9 0(k9*.$ AJE7 I% 4*(1(*#:-( -$ $'#+#M/ '( "/ %(8"/'9 $/i-989 3#%,9-M8#+$ (/ ZT $ a\q '( -9% 4$+#(/,(%7 J$ #/+#'(/+#$ '( /"+-(9%f,g#'9% fABg(/ -"8$* '( +$0:#9 f%6#,+3g $ 9,*$ '*98$ *(%#%,(/+#$ $ $'(19V#* '"*$/,( (- 4*#0(* $r9 (% '( \qc '( LLq 4$*$ *('"+#* (- *#(%89 '( *(%#%,(/+#$ $/,#V#*$- $ -$ %(8"/'$ $ -9% L $r9% N '(- Laq $ -9% T $r9% '( ,*$,$0#(/,97 A'(19V#* #/,(*V(/+#M/7 I/ $p"(--9% 4$+#(/,(% p"( '(%$**9--$/ '(:( %(* $'0#/#%,*$'9 V.$ 9*$- (/ '9%#% '( >\ 085'.$c '9%#% *(%#%,(/+#$ 0#(/,*$% *(+#:(/ ABc %( '(:( (V$-"$* ,9-(*$/+#$ N 0$N9*(% %9/ (1(+,#V$% 4(*9 #/+*(0(/,$/ (- *#(%89 '( $4(89 $ ,*$,$0#(/,97 D( '(:( *($-#S$* 4*"(:$ +9/1#*0$,9*#$ /(1*9,9;#+#'$'7 I% #049*,$/,( +9/%#'(*$* p"( $'(19V#* '( *(%#%,(/+#$ $ $/,#V#*$-(%c 4$*$ '#1(*(/+#$* (/,*( 1$-,$ '( *(%4(+,9 $ ,(/919V#*c (% 0i% +$*9c 0(/9% (1#+#(/,( N 8(/(*$ *(%4"(%,$ 4*#0$*#$ N :*9,( '( #/1(++#M/ f*(%#%,(/+#$gc $%. +909 (-(V$'$% ,$%$% '( *(%#%,(/+#$7 J$ 4*949*+#M/ '( /9 4$*$ '(,(*0#/$* %# (;#%,( *(%#%,(/+#$ $ 0X-,#4-(% '*98$%c (/ *(%49/'('9*(% 4*#0$*#9% (% 0i% 1*(+"(/,( (/ 4$+#(/,(% p"( 4$+#(/,(% p"( 3$/ (%,$'9 %#'9 (;4"(%,9% $ 0i% '( "/ AB7 *(+#:(/ $'(19V#* f>\ $ L\qg (/ +904$*$+#M/ +9/ 9,*9% E9'9% -9% 4$+#(/,(% +9/ *(%#%,(/+#$ V#*9-M8#+$ '(:(/ *(+#:#* $/i-989% /"+-(9%f,g#'9%c '(:#'9 4*#/+#4$-0(/,( $- (04-(9 '( ,(*$4#$ '( *(%+$,(7 A/,( -$ 4*(%(/+#$ '( *(%#%,(/+#$ $ '9%#% %":94,#0$%7 I/ (%,( 8*"49 '( 4$+#(/,(%c %( *(+90#(/'$ ,(/919V#*c %( '(:( #/V(%,#8$* 8(/9,#49c 1(/9,#49 N 4(*1#- '( *($-#S$* %6#,+3 $ ,(/919V#* 9 (/,(+$V#*7 *(%#%,(/+#$ +*"S$'$7 D( *(+90#(/'$ $8*(8$* (/,(+$V#*c ,(-:#V"'#/$c -$0#V"'#/$ 9 (0,*#+#,$:#/$7 D#/ (0:$*89c -$ I/ 4$+#(/,(% p"( *(+#:(/ -$0#V"'#/$c $'(19V#* 9 ,(-:#V"'#/$ N %(8"*#'$' '( (%,$% +90:#/$+#9/(% (% '(%+9/9+#'$7 ,#(/(/ *(%4"(%,$ V#*9-M8#+$ 4$*+#$- $ -$ %(0$/$ LPc %( *(+90#(/'$/ '9% (%,*$,(8#$%2 +$0:#$* $ "/$ '*98$ 0i% I- ,*$,$0#(/,9 '(:( *('"+#* -$ +$*8$ V#*$- $- /#V(- 0i% :$k9 49,(/,( f(/,(+$V#* 9 ,(/919V#*g 9 :#(/ $8*(8$* 9,*$ 49%#:-(c #'($-0(/,( 49* '(:$k9 '(- -.0#,( #/1(*#9* '( #/,(*V(/+#M/ +9/ -$ p"( /9 +904$*,$ *(%#%,(/+#$ +*"S$'$c '(,(++#M/ f>\m>T K@ 5 0-gc -9 p"( 4(*0#,( 8$*$/,#S$* %"4*(%#M/ $8*(8$* ,(/919V#* $ -$0#V"'#/$ 9 ,(-:#V"'#/$ 9 :#(/ $8*(8$* V#*9-M8#+$c *(0#%#M/ :#9p".0#+$c 0(k9*.$ 3#%,9-M8#+$ N -$ (/,(+$V#* $ $p"(--9% p"( *(+#:(/ $'(19V#*7 4*(V(/+#M/ '( +904-#+$+#9/(% 3(4$,#,#% ^ +*M/#+$ N R^(A8 49%#,#V97 J$ $'0#/#%,*$+#M/ '( 4(8m#/,(*1(*9/mŽ L$ J$ $'0#/#%,*$+#M/ '( (/,(+$V#* V(*%"% -$0#V"'#/$c '"*$/,( TL #/+*(0(/,$ -$ ,$%$ '( %(*9+9/V(*%#M/ (/ 4$+#(/,(% R^(A8m %(0$/$%c 09%,*9 p"( -$ ,$%$ '( 0(k9*.$ 3#%,9-M8#+$c V#*9-M8#+$ 49%#,#V9 N 0(k9*$ -$ 3#%,9-98.$ 3(4i,#+$7 J$ $'0#/#%,*$+#M/ '( N :#9p".0#+$ (% %"4(*#9* +9/ (/,(+$V#*c '#%0#/"N(/'9 4(8m#/,(*1(*9/ $-1$mL$ f>a\ 0+85%(0$/$g N 4(8}#/,(*1(*M/ %#8/#1#+$,#V$0(/,( (- /#V(- '( ?BA '(- ]R^ (/ 4$+#(/,(% 0i% -$0#V"'#/$ f>\\ 085'.$g V(*%"% -$0#V"'#/$ (/ R^(A8m49%#,#V9 N R^(A8m/(8$,#V97 I/ 4$+#(/,(% +9/ #/1(++#M/ 09/9,(*$4#$c '"*$/,( Pa %(0$/$%c 3$ '(09%,*$'9 0$N9* +*M/#+$ 49* ]R^c *(1*$+,$*#9% $ ,*$,$0#(/,9 +9/ -$0#V"'#/$c ((1#+$+#$ (/ -98*$* %(*9+9/V(*%#M/ '( R^(A8c %"4*(%#M/ '( +$0:#9 f%6#,+3g 49* (/,(+$V#*c 9+$%#9/$ "/$ 0$N9* 0(k9*.$ ?BA ]R^ N %(*9+9/V(*%#M/ '( R^%A87 J$ $'0#/#%,*$+#M/ '( 3#%,9-M8#+$c *('"++#M/ '( -$ +$*8$ V#*$- N /9*0$-#S$+#M/ '( -9% 4(8m#/,(*1(*9/mŽ L: (/ 09/9,(*$4#$ f>\\ 0+85%(0$/$ ~ /#V(-(% '( AJE7 ?( -9% $/i-989% /"+-(9%f,g#'9% '#%49/#:-(%c 4-$+(:9g V(*%"% 4(8m#/,(*1(*9/mŽ L: f>\\ 0+85%(0$/$g ~ (/,(+$V#* ,#(/( (- 0(/9* *#(%89 '( *(%#%,(/+#$ $/,#V#*$-$0#V"'#/$ f>\\ 085'.$g '"*$/,( TL %(0$/$%c 09%,*9 p"( (f+904$*$'9 +9/ -$0#V"'#/$c $'(19V#* N ,(-:#V"'#/$g7 I/,(+$V#* ,*$,$0#(/,9 '( +90:#/$+#M/ 09%,*9 "/$ (-#0#/$+#M/ 0$N9* N ,(-:#V"'#/$c (k(*+(/ "/$ 0$N9* %"4*(%#M/ V#*$- I/,(+$V#* %( '( R:(A8 (/ +904$*$+#M/ $ -$ 09/9,(*$4#$ tPPqu V% tL[qu L>\
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0f4ƒ\7\>g7 J$% ,$%$ '( *(%4"(%,$ '(4(/'(/ '(- 8(/9,#49 J9% 4$+#(/,(% R^(A8 /(8$,#V9 +9/ /#V(- %U*#+9 '( ?BA '(f4ƒ\7\>gc %#(/'9 0$N9* 4$*$ (- 8(/9,#49 A7 K/ (%,"'#9 ]R^ vL\c\\\ @K50J N /#V(-(% '( AJE (-(V$'9% v L V(+(% (9:%(*V$+#9/$-c 3$ 09%,*$'9 *(%4"(%,$ :#9p".0#+$ N V#*9-M8#+$ -#0#,( /9*0$- '(:(/ %(* +9/%#'(*$'9% 4$*$ #/#+#9 '( %9%,(/#'$ 3$%,$ 49* O $r9% (/ $4*9;#0$'$0(/,( LTq '( -9% ,*$,$0#(/,97 D( '(:( #/#+#$* ,*$,$0#(/,9 %# (;#%,( (V#'(/+#$ '( 4$+#(/,(% +9/ R^(A8m/(8$,#V9 p"( *(+#:#(*9/ 4(8#/,(*1(*9/ #/1-$0$+#M/ 09'(*$'$5%(V(*$ 9 1#:*9%#% %#8/#1#+$,#V$ (/ -$ $-1$mL$ '"*$/,( Pa %(0$/$%c +9/ 9 %#/ -$0#V"'#/$7 I:#94%#$ 3(4i,#+$7 I- ,*$,$0#(/,9 '(:( #/#+#$* 4*(1(*(/,(0(/,( ,*$,$0#(/,9 $/,#V#*$*(+90(/'$'9 '(:( #/+-"#* +9/ )(8@QBmŽc ,(/919V#* 9 (/,(+$V#*7 I/ 4$+#(/,(% +9/ 4*(1(*(/,(0(/,( 4(8m#/,(*1(*9/ f)(8@QBmŽgc ,(/919V#* 9 #/1(++#M/ +*M/#+$ 49* ]R^ R^(A8m/(8$,#V9c %( (V$-"M -$ (/,(+$V#*7 (1#+$+#$ '( 4(8#/,(*1(*9/ $-1$mL$ 0$% 4-$+(:9 f>a\ “85 "/$ V(S $ -$ %(0$/$gc 4(8#/,(*1(*9/ $-1$mL$ 0$% -$0#V"'#/$ f>\\ J9% 4$+#(/,(% p"( ,#(/(/ (-(V$+#M/ '( AJE L V(+(% 49* $**#:$ 085'.$g N -$0#V"'#/$ (/ 09/9,(*$4#$c '"*$/,( Pa %(0$/$% N '(- -.0#,( %"4(*#9* /9*0$-c 3(4$,#,#% 09'(*$'$ 9 %(V(*$ (/ -$ +9/ %(8"#0#(/,9 '( LP %(0$/$%7 A- ,(*0#/9 '(- %(8"#0#(/,9c :#94%#$ N /#V(- '( ?BA '(- ]R^ vL\c\\\ @K50Jc '(:(/ %(* %( 9:%(*VM p"( (- 8*"49 '( 4$+#(/,(% p"( *(+#:#M (+9/%#'(*$'9% 4$*$ *(+#:#* ,*$,$0#(/,97 D( '(:( *(,*$%$* (,*$,$0#(/,9 +90:#/$'9c 9:,"V9 "/$ 0$N9* 4*949*+#M/ (/ -$ ,*$,$0#(/,9 49* O $ Y 0(%(% (/ 4$+#(/,(% +9/ (/1(*0('$' /9*0$-#S$+#M/ '( -9% /#V(-(% '( $0#/9,*$/%1(*$%$% N +$*8$ 3(4i,#+$ +904(/%$'$c 4$*$ '(,(*0#/$* %# 9+"**( V#*$- z L\c\\\ +94#$%50-7 J$ '9%#% '( 4(8#/,(*1(*9/ $-1$mL$ %(*9+9/V(*%#M/ R^(A8 (%49/,$/($7 J9% 4$+#(/,(% +9/ #+,(*#+#$ '(:( %(* '( >a\ “8 "/$ V(S $ -$ %(0$/$ N '( $4-#+$+#M/ N (-(V$+#M/ '( AJE '(:(/ *(+#:#* ,*$,$0#(/,9 '( 19*0$ %":+",i/($7 F,*9% $/,#V#*$-(% *(+90(/'$'9% #/+-"N(/2 #/0('#$,$7 J9% 4$+#(/,(% +9/ /#V(-(% '( AJE 4(*%#%,(/,(0(/,( #/,(*1(*M/ (%,i/'$*c $'(19V#*c ,(-:#V"'#/$ N -$0#V"'#/$7 /9*0$-(% 9 0./#0$0(/,( (-(V$'9% fz L V(+(% (- -#0#,( /9*0$-g /9 '(:(/ #/#+#$* ,*$,$0#(/,97 J9% 4$+#(/,(% +9/ I/ 4$+#(/,(% +9/ #/1(++#M/ +*M/#+$ 49* ]R^ N R^(A8m/(8$,#V9c /#V(-(% '( AJE 4(*%#%,(/,(0(/,( /9*0$-(% 9 0./#0$0(/,( -$ $'0#/#%,*$+#M/ '( -$0#V"'#/$ >T\ 085'.$c (/ 09/9,(*$4#$ (-(V$'9% '(:(/ #/#+#$* ,*$,$0#(/,9c %# (;#%,( (V#'(/+#$ '( (% %(8"*$7 D( $%9+#$ +9/ $-,$% ,$%$% '( *(%4"(%,$ V#*9-M8#+$ N /(+*9#/1-$0$+#9/ 09'(*$'$5%(V(*$ 9 1#:*9%#% %#8/#1#+$,#V$ (/ :#9p".0#+$c $- 1#/$- '(- 4*#0(* $r9 '( ,*$,$0#(/,9c %#/ -$ :#94%#$ 3(4i,#+$7 (0:$*89c (%,$% ,$%$% '#%0#/"N(/ +9/19*0( $V$/S$ (- ,#(049 '( $'0#/#%,*$+#M/c 9:%(*Vi/'9%( (- '(%$**9--9 '( *(%#%,(/+#$ I/ 4$+#(/,(% R^(A8m49%#,#V9 (- ,*$,$0#(/,9 +9/ $/i-989% V#*$- N *($4$*#+#M/ ( #/+*(0(/,9 '( V#*(0#$7 I/ 4$+#(/,(% /"+-(9%f,g#'9% '(:( 0$/,(/(*%( $- 0(/9% 3$%,$ -$ R^(A8m/(8$,#V9c -$ $'0#/#%,*$+#M/ '( ,(-:#V"'#/( V(*%"% %(*9+9/V(*%#M/ R^(A8 N 3$%,$ $-+$/S$* N 0$/,(/(* "/$ -$0#V"'#/$ 4*9'"+( "/$ 0$N9* ,$%$ '( %"4*(%#M/ '( -$ +$*8$ *('"++#M/ '(- /#V(- '( ?BA ]R^ 0(/9* $ P\\ +50- fa\ @K50-g V#*$- N 0(/9* *(%#%,(/+#$7 I/ 4$+#(/,(% R^(A8m/(8$,#V9c %( '"*$/,( %(#% 0(%(% '( ,*$,$0#(/,97 J$ ,$%$ '( %(*9+9/V(*%#M/ '(%+9/9+( %# -9% $/i-989% /"+-(9%f,g#'9% 4"('(/ %(* R^(A8c #/+*(0(/,$ +9/19*0( #/+*(0(/,$ (- 4(*#9'9 '( #/,(**"04#'9% '( 19*0$ %(8"*$c N$ p"( 3$:#,"$-0(/,( -9 $'0#/#%,*$+#M/ '( -$0#V"'#/$c %#(/'9 '( PZq '(%4"U% '( P *(p"#(*(/ 49* ,#(049% 4*9-9/8$'9% 9 #/'(1#/#'9% *(%#%,(/+#$ $ $r9% '( ,*$,$0#(/,97 I/ 4$+#(/,(% R^(A8m49%#,#V9c -$ -$0#V"'#/$ 9 ,(-:#V"'#/$7 $'0#/#%,*$+#M/ '( ,(-:#V"'#/$ V(*%"% -$0#V"'#/$ 4*9'"+( "/$ 0$N9* ,$%$ '( %"4*(%#M/ '( -$ +$*8$ V#*$- N 0(/9* *(%#%,(/+#$7 I/ 4$+#(/,(% +9/ *(%#%,(/+#$ $ -$0#V"'#/$c %( 4*(1#(*( D( 3$ 9:%(*V$'9 %(*9+9/V(*%#M/ R^(A8 (/ L>q '( 4$+#(/,(% (04-($* $'(19V#* (/ -"8$* '( %6#,+3 $ (/,(+$V#*c '(:#'9 $ "/ R^(A8m49%#,#V9 p"( *(+#:(/ (/,(+$V#* '"*$/,( "/ $r9c #/+*(0(/,9 (/ (- *#(%89 '( *(%#%,(/+#$ $ (/,(+$V#* (/ (%,( 0#(/,*$% (- /#V(- %U*#+9 '( ?BA ]R^ 49* '(:$k9 '( O\\ +508*"49 '( 4$+#(/,(%7 D# $'(19V#* (% (04-($'9c -$ fY\ @K50-g %( 9:%(*V$ (/ YZq '( -9% 4$+#(/,(%7 J$ 4*949*+#M/ $'0#/#%,*$+#M/ '( -$0#V"'#/$ 9 ,(-:#V"'#/$ '(:( +9/,#/"$* $+"0"-$'$ '( 4$+#(/,(% +9/ ?BA ]R^ #/'(,(+,$:-( fO\\ +50#/'(1#/#'$0(/,( 4$*$ *('"+#* (- *#(%89 '( (;$+(*:$+#M/ '( -$ fY\ @K50-g #/+*(0(/,$ $ aLq '(%4"U% '( ,*(% $r9% '( (/1(*0('$' '"*$/,( (- 4(*#9'9 '( ,*$/%#+#M/c $%. +909 4$*$ ,*$,$0#(/,9 N -$ /9*0$-#S$+#M/ '(- /#V(- '( AJE %( $-+$/S$ *('"+#* (- *#(%89 *(%#%,(/+#$ %":%(+"(/,( $ $'(19V#*7 I/ 3$%,$ (/ (- [\q N -$ 4(*'#'$ '( R^(A8 3$%,$ (/ (- O[q7 J$ 4$+#(/,(% ,*$,$'9% +9/ ,(-:#V"'#/$c %( *(+90#(/'$ +$0:#9 '( ,$%$ '( *(%#%,(/+#$ $ (/,(+$V#* (/ 4$+#(/,(% V.*8(/(% $ $/,#V#*$- %# (- /#V(- '( ?BA ]R^ (% v P\\ +94#$%50- fa\ @K50-g ,*$,$0#(/,9 +9/ $/i-989% /"+-(9%f,g#'9% $ -9% L $r9% '( %" '(%4"U% '( LP %(0$/$% '( ,*$,$0#(/,9c '(:#'9 $- *#(%89 '( $'0#/#%,*$+#M/ (% (;,*(0$'$0(/,( :$k$ 9 *$*$c O7Yq $ [Y *(%#%,(/+#$7 D# ,(/919V#* (% (04-($'9c %( *(+90#(/'$ %(0$/$% (/ 4$+#(/,(% /$#V( f>7Lq $/"$-g 3(4$,#,#% ^ +*M/#+$ N +9/,#/"$* -$ $'0#/#%,*$+#M/ '( -$0#V"'#/$ 4$*$ '#%0#/"#* (R^(A8 /(8$,#V97 *#(%89 '( *(%#%,(/+#$ $/,#V#*$- %":%(+"(/,(7 I/,(+$V#* /9 (% "/$ #/,(*V(/+#M/ 94,#0$ (/ 4$+#(/,(% +9/ *(%#%,(/+#$ $ -$0#V"'#/$c '(:#'9 $ "/ #/+*(0(/,9 (/ (- *#(%89 '( L>>
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0*(%#%,(/+#$ $ (/,(+$V#* *(%#%,(/+#$ $ $'(19V#*7 I/ 4$+#(/,(% %#/ I- 4$+#(/,( (%,$:-( +9/ #/1(++#M/ +*M/#+$ 49* ]R^c p"( +"(/,$ 4*(V#$ (;49%#+#M/ $ 9,*9 ABc -$0#V"'#/$c ,(-:#V"'#/$ 9 +9/ ,*$,$0#(/,9 (%4(+.1#+9 (%,$:-(+#'9c %#/ (1(+,9% (/,(+$V#* 4"('( %(* (04-($'97 F,*$ $-,(*/$,#V$ (% %"%4(/'(* %(+"/'$*#9% 9 $'V(*%9% 8*$V(% N p"( ,#(/(/ "/ 4-$/ '( $'(19V#* N (04-($* ,(/919V#* 0$% -$0#V"'#/$ 9 (0,*#+#,$:#/$7 %(8"#0#(/,9c 4"('(/ %(8"#* %" V#8#-$/+#$ (/ 4*#0(* /#V(- '( I/ 4$+#(/,(% ,*$,$'9% +9/ $'(19V#*c %( *(+90#(/'$ +$0:#9 $ $,(/+#M/7 I- 0('#+9 '( 4*#0(* /#V(- '(:( *((/V#$* $- 4$+#(/,( 9,*9 $/,#V#*$- +"$/'9 (- /#V(- '( ?BA ]R^ (% v >\\\ +94#$%50$ %(8"/'9 /#V(- $ *(V#%#M/ +$'$ Y $ >L 0(%(% +9/ (%,"'#9% fL\\ @K50-g '(%4"U% '( >L 0(%(% '( ,*$,$0#(/,9 N $/,( (:#9p".0#+9% 0./#09% #/'#%4(/%$:-(% 9 $/,(% (/ +$%9 '( *#(%89 '( *(%#%,(/+#$ $/,#V#*$- *(%#%,(/+#$ $ (/,(+$V#*7 I%,"'#9% #'(/,#1#+$* +904-#+$+#9/(%7 #/ V#,*9 %"8#(*(/ p"( $'(19V#* 9 ,(/919V#* ,#(/(/ $+,#V#'$' +9/,*$ *(%#%,(/+#$ $ (/,(+$V#*7 R$%,$ (- 090(/,9c -9% '$,9% +-./#+9% %9/ #/%"1#+#(/,(% +#**9%#% +904(/%$'$7 D( '(:( ]@!@JAB=@A G DI!K@<@IBEF +9/%#'(*$* #/#+#9 '( ,*$,$0#(/,9 (/ 4$+#(/,(% +9/ (-(V$+#M/ '( AJE fv L V(+(% -9 /9*0$-g N (/ 4$+#(/,(% +9/ /#V(- '( AJE J9% (1(+,9% %(+"/'$*#9% '( -$ $'0#/#%,*$+#M/ '( 4(8m /9*0$- 9 0./#0$0(/,( (-(V$'9% p"( ,#(/(/ /#V(-(% %U*#+9% #/,(*1(*9/ $-1$c p"( %( 9:%(*V$/ 0i% 1*(+"(/,(0(/,( '( ?BA ]R^ vLc\\\ @K50J7 I/ (%,( 8*"49 '( 4$+#(/,(%c %( #/+-"N(/2 %./,90$% '( 8*#4( fYaqgc +(1$-($ fP\qgc 1$,#8$ fO[qgc '(:( 1$V9*(+(* (- "%9 '( ABc '(:#'9 $- *#(%89 '( 0#$-8#$ N *($++#M/ -9+$- (/ (- %#,#9 '( #/N(++#M/ fL[qg7 I%,9% '(%+904(/%$+#M/ $%9+#$'9 +9/ (- (04-(9 '( #/,(*1(*M/7 I/ %./,90$% 9+"**(/ 4*#/+#4$-0(/,( '(/,*9 '(- 4*#0(* 0(% '( V#%,$ '( -$ /(+(%#'$' '( ,*$,$0#(/,9 $ -$*89 4-$S9c 4"('( ,*$,$0#(/,9 N '#%0#/"N(/ 8*$'"$-0(/,(7 J$ $'0#/#%,*$+#M/ 4*(1(*#*%( (- (04-(9 '( ,(/919V#* 9 (/,(+$V#* +#**9%#% '( 4(8m#/,(*1(*9/ $-1$c (/ 4$+#(/,(% +9/ 3(4$,#,#% ^ +*M/#+$ N '(%+904(/%$'$7 (/1(*0('$' 3(4i,#+$ +904(/%$'$ '"*$/,( TL %(0$/$% (% %(8"*$7 J$ 4*(%(/+#$ '( +#**9%#% N /(",*94(/#$ 4*(V#$ $- #/#+#9 '( ,*$,$0#(/,9c %9/ -9% 4*('#+,9*(% 0i% #049*,$/,(% p"( '(,(*0#/$/ -$ /(+(%#'$' '( *('"++#M/ '( -$ '9%#% 9 =H@EIH@FD ?I HIQIHIB=@A G #/,(**"4+#M/ ,(04*$/$ '(- ,*$,$0#(/,97 =FBEHAHHIQIHIB=@A D( '(:( +9/%#'(*$* #/#+#9 '( ,(*$4#$ $/,#V#*$-c (/ 4$+#(/,(% +9/ +#**9%#% '(%+904(/%$'$ p"( ,#(/(/ /#V(- %U*#+9 '( ?BA ]R^ '( >\\\ +94#$%50- fL\\ @K50-g 9 0$N9*c #/'(4(/'#(/,(0(/,( '(- /#V(- '( AJE N '(- %,$,"% R^(A8 D( '(:( #/#+#$* '( 19*0$ #/0('#$,$ (- ,*$,$0#(/,9 +9/ AB p"( 4(*0#,$/ %"4*(%#M/ V#*$- *i4#'$ N *('"+#* (- *#(%89 '( *(%#%,(/+#$7 J$0#V"'#/$ 9 ,(-:#V"'#/$ 4"('(/ %(* (,*$,$0#(/,9 #/#+#$- (/ +90:#/$+#M/ +9/ $'(19V#* 9 ,(/919V#* 4$*$ *('"+#* (- *#(%89 '( *(%#%,(/+#$ I/,(+$V#* 9 ,(/919V#* %9-9% 4"('(/ %(* "/$ 94+#M/ '( ,*$,$0#(/,9c %#/ (0:$*89c -$ (V#'(/+#$ +-./#+$ %9:*( %" %(8"*#'$' N (1#+$+#$ (% (%+$%$7 I,*$,$0#(/,9 '( (%,( 8*"49 '( 4$+#(/,(% '(:( %(* +99*'#/$'9 +9/ "/$ "/#'$' '( ,*$%4-$/,(7 D( %"8#(*( (/V#$* $ %(8"/'9 /#V(-c %(*V#+#9 '( <('#+#/$ @/,(*/$c $p"(--9% 4$+#(/,(% +9/ %9%4(+3$ +-./#+$ '( #/1(++#M/ +*M/#+$ 49* (- ]R^c p"( ,#(/(/ 1$+,9*(% '( *#(%89 4$*$ #/1(++#M/ 49* ]R^ N ,#(/(/ (-(V$+#M/ #/(;4-#+$:-( '( ,*$/%$0#/$%$%7 I- 0('#+9 '( %(8"/'9 /#V(- '(:( %9-#+#,$* 9 +904-(,$* 4*"(:$% '( 1"/+#9/$0#(/,9 3(4i,#+9c "-,*$%9/#'9 '( 3.8$'9 N V.$% :#-#$*(%c 4*"(:$% %(*9-M8#+$% A8% ]R^ 49%#,#V9 N $/,#+9*( ]R^ 49%#,#V9c #/V(%,#8$* +9#/1(++#9/(% N *((/V#$* $%(*V#+#9 '( @/1(+,9-98#$ 4$*$ '(1#/#* (- ,*$,$0#(/,9 N %(8"#0#(/,9 '(- 4$+#(/,(7
J9% 4*#/+#4$-(% (1(+,9% $'V(*%9% p"( %( 9:%(*V$/ +9/ ((04-(9 '( 4(8m #/,(*1(*M/ $-1$ L:c #/+-"N(/2 $-,(*$+#9/(% 4%#p"#i,*#+$% f'(4*(%#M/c 4%#+9%#%gc +#,94(/#$% N %./,90$% %#0#-$*(% $ 8*#4(7 J$ +9/,*$#/'#+$+#M/ 4$*$ (04-(9 '( 4(8#/,(*1(*9/ #/+-"N(2 +#**9%#% $V$/S$'$c (/1(*0('$' 4%#p"#i,*#+$ 8*$V( f'(4*(%#M/c #'($% %"#+#'$%gc (/1(*0('$' +$*'#$+$ 8*$V(c 3(4$,#,#% $",9#/0"/( " 9,*$% (/1(*0('$'(% '( ./'9-( $",9#/0"/(7 D( *(+90#(/'$ (/ $p"(--9% 4$+#(/,(% p"( *(+#:(/ 4(8m#/,(*1(*9/c *($-#S$* 09/#,9*(9 '( -9% (1(+,9% %(+"/'$*#9% '( 19*0$ 0(/%"$-7 B9 %( *(+90#(/'$ -$ +90:#/$+#M/ 4(8#/,(*1(*9/ N ,(-:#V"'#/$c '(:#'9 $ p"( %( 3$ '9+"0(/,$'9 /("*94$,.$ 4(*#1U*#+$c (/ -9% 4$+#(/,(% ,*$,$'9%7 I/ 4$+#(/,(% R^(A8m49%#,#V9c p"( *(+#:(/ 4(8#/,(*1(*9/ $-1$c %( '(:( '(,(*0#/$* R^(A8 N $/,#+"(*49% $/,#mR^( $ -$ %(0$/$ LP N Pac '"*$/,( (- ,*$,$0#(/,9c $%. +909 $ -$% LP %(0$/$% 49%,m,*$,$0#(/,97 J$ %(*9+9/V(*%#M/ R^( $"/$'9 $ -$ /9*0$-#S$+#M/ '( AJE N /#V(-(% %U*#+9% '( ?BA ]R^ 49* '(:$k9 '( L\\\ @K50f$4*9;#0$'$0(/,( >\c\\\ +94#$%50-gc '(:(/ %(* -9% '(%(/-$+(% '(%($:-(%7 B#V(-(% #/'(,(+,$:-(% '( +$*8$ V#*$- '(]R^ '"*$/,( (- %(8"#0#(/,9c 0('#$/,( )=H (/ ,#(049 *($-c (% "/ '(%(/-$+( M4,#09 p"( %( $%9+#$ +9/ "/$ (-(V$'$ 4*9:$:#-#'$' '( 4(*'#'$ '( R:%A87 D( *(+90#(/'$ +3(+$* R^%A8 $ #/,(*V$-9% '( Y 0(%(% '(%4"U% '( -$ %(*9+9/V(*%#M/ L>L
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0R^(c %# -$ +$*8$ V#*$- (% #/'(,(+,$:-(7 I/ +$%9 '( /9 ,(/(* I/ 4$+#(/,(% +9/ R^(A8 49%#,#V9 N /#V(-(% '( AJE *(%4"(%,$ 4*#0$*#$ f1$--$ 4$*$ $-+$/S$* "/$ *('"++#M/ '( > 4(*%#%,(/,(0(/,( /9*0$-(%c %( *(+90#(/'$ +9/,*9- '( AJE $ -98>\ '(%'( -$ :$%$- $ -$% >L %(0$/$% '( ,*$,$0#(/,9g (#/,(*V$-9% '( O $ Y 0(%(%7 D( *(+90#(/'$ %9-#+#,$* 0i% $ ,*$,$0#(/,9 +9/ #/,(*1(*M/ '(:( %"%4(/'(*%( N %"%,#,"#*%( 0(/"'9 +9/,*9- '( AJE N +$*8$ V#*$- (/ 4$+#(/,(% +9/ R^(A8 49* $/i-989% /"+-(9%f,g#'9%7 I/ 4$+#(/,(% R^(A8m/(8$,#V9c %( 49%#,#V9 p"( ,#(/(/ /#V(-(% (-(V$'9% '( AJE7 D( '(:( (V$-"$* '(:( (V$-"$* -$ (1#+$+#$ N %(8"*#'$' '(- ,*$,$0#(/,9 +9/ (- (%,$'9 '( R^(A8 +$'$ Y $ >L 0(%(%7 J9% 4$+#(/,(% R^(A8 #/,(*1(*M/c '"*$/,( -$% Pa %(0$/$% '( ,*$,$0#(/,97 I/ 49%#,#V9%c p"( 4(*0$/(+(/ +9/ /#V(-(% '( ?BA ]R^ vL\c\\\ 4$+#(/,(% R^(A8m/(8$,#V9c %( *(+90#(/'$ +3(+$* R^%A8 $ @K50J N /#V(-(% (-(V$'9% '( AJE f> $ L V(+(% 49* $**#:$ '(#/,(*V$-9% '( Y 0(%(%c %# -$ +$*8$ V#*$- (% #/'(,(+,$:-(7 -.0#,( %"4(*#9* /9*0$-g '"*$/,( O $ Y 0(%(% N (/ $p"(--9% +9/ /#V(-(% '( ?BA ]R^ vL\c\\\ @K50J p"( ,#(/(/ v P\ $r9% '( I- (04-(9 '( $/i-989% /"+-(9%f,g#'9% 91*(+( -$% %#8"#(/,(% ('$'c %( '(:( +9/%#'(*$* *($-#S$* :#94%#$ 3(4i,#+$7 IV(/,$k$%2 $'0#/#%,*$+#M/ V.$ 9*$-c '#%0#/"+#M/ *i4#'$ '( ?BA ,*$,$0#(/,9 '(:( #/%,$-$*%( %# -$ :#94%#$ 0"(%,*$ #/1-$0$+#M/ '(- ]R^ N "/ 0./#09 '( (1(+,9% %(+"/'$*#9%7 J$% '(%V(/,$k$% 09'(*$'$5%(V(*$ N 1#:*9%#%7 I/ 4$+#(/,(% +9/ R^(A8 /(8$,#V9 #/+-"N(/2 /(+(%#'$' '( ,*$,$0#(/,9 4*9-9/8$'9 9 p"( ,#(/(/ /#V(- '( AJE /9*0$- N ?BA ]R^ Lc\\\ K@50Jc %( 4(*0$/(/,(c -#0#,$'$ *(%4"(%,$ %9%,(/#'$ 49%,(*#9* $ %" *(+90#(/'$ *($-#S$* +9/,*9- %U*#+9 '( AJE +$'$ O 0(%(% #/,(**"4+#M/ ( #/+*(0(/,9 (/ (- *#(%89 '( *(%#%,(/+#$7 D( '"*$/,( (- 4*#0(* $r9c 4$*$ V(*#1#+$* p"( %9/ 49*,$'9*(% *(+90#(/'$ (/ $p"(--9% 4$+#(/,(% p"( *(+#:(/ $/i-989% #/$+,#V9%c N '(%4"U% *($-#S$*-9 +$'$ Y $ >L 0(%(%7 /"+-(9%f,g#'9%c *($-#S$* 09/#,9*(9 '( -9% (1(+,9% %(+"/'$*#9% '( 19*0$ ,*#0(%,*$-c 4$*,#+"-$*0(/,( (%,"'#9% '( 1"/+#M/ A/,( (- *#(%89 '( '(%$**9--$* 3(4$,9+$*+#/90$ (/ 49*,$'9*(% *(/$- N (V$-"$+#M/ '( -$ *(%#%,(/+#$7 '(- ]R^c %( *(+90#(/'$ *($-#S$* (%,"'#9% '( V#8#-$/+#$ (%,*(+3$ +$'$ Y $ >L 0(%(%c 4$*,#+"-$*0(/,( (/ 4$+#(/,(% I- 9:k(,#V9 '(- ,*$,$0#(/,9 1#/#,9 +9/ $/i-989% /"+-(9%f,g#'9% 0$N9*(% '( P\ $r9% p"( ,#(/(/ (-(V$+#M/ #/,(*0#,(/,( '( AJE (% -$ %(*9+9/V(*%#M/ R^(7 D( '(:( 0('#* -$ +$*8$ V#*$- +$'$ >L N /#V(-(% '( ?BA '(- ]R^ vLc\\\ @K50Jc 4(*%9/$% +9/ +#**9%#% %(0$/$%c -$ %"4*(%#M/ '(- ?BA '(- ]R^ $ /#V(-(% ( 3#%,9*#$ 1$0#-#$* '( 3(4$,9+$*+#/90$7 I- ,*$,$0#(/,9 +9/ AB #/'(,(+,$:-(% N -$ %(*9+9/V(*%#M/ R^(c %( $%9+#$/ +9/ '(:(*i +9/,#/"$*%(c +9/ R:(A8m49%#,#V9 ]R^ +*M/#+$c 3$%,$ *(%4"(%,$ :#9p".0#+$ ( 3#%,9-M8#+$7 A-8"/9% (%,"'#9% %"8#(*(/ p"( (- 4$+#(/,( $-+$/+( -$ %(*9+9/V(*%#M/ '(- R^( A8c /#V(p"( (- (04-(9 AB 4"('( %"%4(/'(*%( (/,*( LP N Pa %(0$/$% %U*#+9 '( ?BA R^] #/'(,(+,$:-( N +904-(,$* 49* -9 0(/9% Y '(%4"U% '( -$ %(*9+9/V(*%#M/ R^(7 D( '(:( #/V(%,#8$* (0(%(% '( "/$ ,(*$4#$ $'#+#9/$- '( ,*$,$0#(/,9 49%,(*#9* '( -$ R^%A8 $ #/,(*V$-9% '( Y 0(%(% '(%4"U% '( -$ %(*9+9/V(*%#M/ $4$*#+#M/ '(- $/,#mR^(7 R:(7 J$ 4U*'#'$ '(- R^%A8c *$*$ V(S %( 9:%(*V$ +9/ (- (04-(9 '( $/i-989% /"+-(9%f,g#'9%7 D( *(+90#(/'$ 09/#,9*(9 (%,*(+39 (/ -9% 4$+#(/,(% p"( *(+$(/ 49%,(*#9* $- $:$/'9/9 '(- ,*$,$0#(/,97 J9% 4$+#(/,(% I/ $p"(--9% 4$+#(/,(% p"( (04-($/ AB 49* ,#(049 +9/ +#**9%#% +904(/%$'$c '(:(*i/ *(+#:#* ,*$,$0#(/,9 $ -$*89 4*9-9/8$'9c %( *(+90#(/'$ V#8#-$* (- /#V(- '( +$*8$ V#*$- $ -$ 4-$S9c 4(*9 '(:( '(,(/(*%( (/ +$%9 '( R:(A8 49%#,#V9 p"( %(0$/$ >Lc 4$*$ (V$-"$* *(%4"(%,$ V#*9-M8#+$ N $-+$/+(/ %(*9+9/V(*%#M/c N +904-(,$'9 Y 0(%(% '( 49%,(*#9*0(/,( +$'$ >L $ LP %(0$/$%7 @'($-0(/,(c -$ +$*8$ ,*$,$0#(/,9 '( ,(*$4#$ '( +9/%9-#'$+#M/c N (/ 4$+#(/,(% +9/ V#*$- %( '(:( 0$/,(/(* (/ /#V(-(% #/'(,(+,$:-(% f49* (k(04-9 R:(A8 /(8$,#V9 %# %( +9/1#*0$ $+-$*$0#(/,9 '(- R:%A87 '(:$k9 '( >\}>T @K50-g 4$*$ (V#,$* -$ *(%#%,(/+#$7 J9% $/i-989% /"+-(9%f,g#'9% %( (-#0#/$/ 49* V.$ *(/$-c 49* -9 p"( E@I<)F IDE@
O
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0(- 4"(%,9 (%4(+#1#+9 '( ,*$:$k97 I- 09/#,9*(9 (%,*(+39 4$*$ -$ *(+$.'$ V#*$- N (;$+(*:$+#M/ f1-$*(g '( 3(4$,#,#% (% 0"N #049*,$/,( $- '(,(/(* (- ,*$,$0#(/,97 I- "%9 '( @/,(*1(*9/(% %( +9/,*$#/'#+$ (/ 4$+#(/,( +9/ +#**9%#% 3(4i,#+$ $/,( (*#(%89 '( '(%+904(/%$+#M/ 8*$V( N (- (1(+,9 0i% '#1.+#- '( *(%9-V(* +9/ U- (% -$ $%9+#$'$ $ (%,$'9% '(4*(%#V9%c #/+-"N(/'9 (- #/,(/,9 %"#+#'$7 J$% *(%,*#++#9/(% (/ (- ,*$:$k9 '(4(/'(/ +9/%#'(*$:-(0(/,( '( -$ 8*$V('$' '( -$ 3(4$,#,#% +*M/#+$ N ,$0:#U/ '( -$ (1(+,#V#'$' '(- ,*$,$0#(/,97 W"#Si %( *(p"#(*$ 39%4#,$-#S$+#M/7 I% 49%#:-( p"( -$% 4(*%9/$% /(+(%#,(/ "/ ,#(049 4*9-9/8$'9 1"(*$ '(- ,*$:$k9 9 4(*0#%9 '( $"%(/+#$ '(- 0#%09 4$*$ "/$ *(+"4(*$+#M/ +904-(,$ p"( p"#Si *(p"#(*$ 0(%(%7 ="$/'9 ('$r9 '(- 3.8$'9 (% 8*$V(c (% 49%#:-( p"( 3$N$ #/+$4$+#'$' 4(*0$/(/,(7 J$ #/+$4$+#'$' 4"('( %(* 4(*0$/(/,( '(4(/'#(/'9 '( -$ (;,(/%#M/ '(- '$r9 3(4i,#+9c N '( $+"(*'9 (- 4"(%,9 (%4(+#1#+9 '( ,*$:$k97
L>P
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0I/ $-8"/9% +$%9% -$% -(%#9/(% #/'#V#'"$-(% 4"('(/ +9/1-"#* N %( '(/90#/$/ x#%-$% :-$/+$% (/ "/ 0$* *9k9y I- (;$/,(0$ 8(/(*$-#S$'9 (04#(S$ +$*$+,(*.%,#+$0(/,( (/ (- '9*%9 '( -$% 0$/9% N 4#(% N %( (;,#(/'( $ -9% :*$S9%c 4#(*/$% N ,9*%9 N 4(*%#%,( 49* V$*#9% '.$% %#/ '(%+$0$+#M/7 I- 4*"*#,9 N -$ '(%+$0$+#M/ %9/ 4*#/+#4$-0(/,( (/ -$% 4$-0$% N 4-$/,$%c N %( 4*(%(/,$ '(%4"U% '( -$ '#%(0#/$+#M/ '(- (;$/,(0$7 I/ ('(/8"( 3(09**i8#+9 -$% 0$/#1(%,$+#9/(% 'U*0#+$% #/+-"N(/ 4(,(p"#$%c 4"*4"*$ N (p"#09%#%7 J$% 0$/#1(%,$+#9/(% 3(09**i8#+$% (/ -$ 4#(- +909 4(,(p"#$%c 4X*4"*$ 9 (p"#09%#% +9/ 4*"(:$ '(- ,9*/#p"(,( 49%#,#V9 %( 9:%(*V$/ 1*(+"(/,(0(/,( (/ (- '(/8"( 3(09**i8#+9 N (/ (- +39p"( 49* '(/8"( N 0"N *$*$ V(S (/ (- '(/8"( +-i%#+97 I%,$% 0$/#1(%,$+#9/(% $4$*(+(/ PmT '.$% '(%4"U% '(- #/#+#9 '( -$ 1#(:*(7
#"&.3"
I/1(*0('$' 1(:*#- +$"%$'$ 49* "/ V#*"% '( HBA '(- 8U/(*9 Q-$V#V#*"%7 D( +9/9+(/ P %(*9,#49% f?IB] >mPg7 E*$/%0#,#'9 49* 4#+$'"*$ '( "/ 09%+9 '(- 8(/(*9 A('(% $(8N4,#7 I% 0i% 1*(+"(/,( (/ -9% 0(%(% '( V(*$/9c (/ S9/$% ,*94#+$-(% N +$-"*9%$%7 ?(- L\\>mL\\Y 3":#(*9/ 0i% '( O7P 0#--9/(% '$ +$%9% /9,#1#+$'9 (/ (- +9/,#/(/,( $0(*#+$/9c +9/ Z[cYYP +$%9% '( '(/8"( 3(09**i8#+9 N [aL 0"(*,(%7 I/
>c %( ,"V#(*9/ "/ ,9,$- '( >\c[Z\ +$%9% '( 1#(:*( 49* ?(/8"(c N PcY\a '( 1#(:*( 3(09**i8#+$ 49* ?(/8"(7 D( *(49*,$*9/ OY '(1"/+#9/(% 49* 1#(:*( 3(09**i8#+$c +9/ "/$ -(,$-#'$' (%,#0$'$ '(- \7Za7 J9% (%,$'9% 0i% $1(+,$'9% 1"(*9/ G"+$,i/ N =$04(+3(7 D( %9%4(+3$ (;$/,(0$ 49* '(/8"( +-i%#+9 (/ "/$ 4(*%9/$ +9/ 1#(:*( 49* 0i% '( Z '.$%c $%9+#$'$ +9/ $- 0(/9% '9% '( -9% %#8"#(/,(% %./,90$%2 '9-9* '( +$:(S$c '9-9* *(,*9m9+"-$*c 0#$-8#$c $*,*$-8#$ 9 49%,*$+#M/7 E#(/( "/ 4(*#9'9 '( #/+":$+#M/ '( Om>T '.$% f4*90('#9 Tma '.$%g7 @/#+#$ '( 0$/(*$ $:*"4,$ +9/ 1#(:*(c (%+$-91*.9%c +(1$-($ N $,$p"( 8(/(*$- N (/ 8(/(*$- -$ 1#(:*( ,#(/( "/ 4$,*M/ :#1i%#+97 I- (;$/,(0$ +$*$+,(*.%,#+9 %( 4*(%(/,$ (/ T\maLq '( -9% 4$+#(/,(% +9/ ?(/8"(7 I- (;$/,(0$ $4$*(+( '( LP $ Pa 3 '(%4"U% '(- #/#+#9 '( -$ 1#(:*(c %#(/'9 "/ (;$/,(0$ (*#,(0$,9%9 4"*4X*#+9 p"( #/#+#$-0(/,( %( 0$/#1#(%,$ (/ (- ,*9/+9 N ,#(/( '#%(0#/$+#M/ +(/,*.1"8$ $ -$ +$*$c +"(--9 N (;,*(0#'$'(%7 I- (*#,(0$ '(%$4$*(+( > $ L '.$% '(%4"U% 9 4"('( 4(*%#%,#* +909 "/ (*#,(0$ 0$+"-$* '#%(0#/$'97 I- %(8"/'9 (;$/,(0$ "%"$-0(/,( 9+"**( OmY '.$% '(%4"U% '(- #/#+#9 '( -$ 1#(:*( N %( +$*$+,(*#S$ 49* "/$ (*"4+#M/ 0$+"-9 4$4"-$* 9 09*:#-#19*0(7
I- '(/8"( 3(09**i8#+9 %( +9/1#*0$ +9/ -$ 4*(%(/+#$ '( ,9'9% -9% %#8"#(/,(% +*#,(*#9%2 >7 Q#(:*( 49* 0i% '( Z '.$%w L7 E*90:9+#,94(/#$ f >\\7\\\500Ogw O7 R(09**$8#$ (%49/,$/($ 9 #/'"+#'$w P7 I;,*$V$%$+#M/ 4-$%0i,#+$c '(:#'9 $ 4(*0($:#-#'$' +$4#-$* #/+*(0(/,$'$ N T7 =9/1#*0$+#M/ 49* %(*9-98.$ 9 $#%-$0#(/,9 V#*$-7 J$% 0$/#1(%,$+#9/(% (/ 0"+9%$% $4$*(+(/ (/ >TmO\q '( -9% 4$+#(/,(% +9/ '(/8"( N %9/ 0i% 1*(+"(/,(% (/ '(/8"( 3(09**i8#+9 p"( (/ '(/8"( +-i%#+97 G %9/ 4*#/+#4$-0(/,( -$ #/N(++#M/ +9/k"/,#V$- N (%+-(*$-7 J$% +904-#+$+#9/(% 4"('(/ %(* $-,(*$+#9/(% /("*9-M8#+$% '#%1"/+#M/ +$*'#9**(%4#*$,9*#$c 1$--$ 3(4i,#+$c 3(09**$8#$% '#8(%,#V$%c $%+#,#%c '(**$0( 4-("*$- 9 4(*#+i*'#+9c $/$%$*+$c 4-$p"(,94(/#$ 8*$V( N 0"(*,(7 I- '#$8/M%,#+9 '#1(*(/+#$- '(:( 3$+(*%( +9/ (%+$*-$,#/$c (/1(*0('$' '( n$6$%$|#c (*#,(0$ #/1(++#9%9c %$*$04#M/c *":(9-$c *($++#9/(% $'V(*%$% $ 1i*0$+9%7 D( '(:( %9%4(+3$* '( '(/8"( (/ ,9'9 4$+#(/,( +9/ 1#(:*( N (;$/,(0$ p"( *(%#'( 9 +9/ $/,(+('(/,( '( V#$k( (/ S9/$ (/'U0#+$7 E9'9 4$+#(/,( +9/ ?(/8"( 3(09**i8#+9 '(:( %(* 39%4#,$-#S$'9 (/ "/ /9%9+90#9 p"( +"(/,( +9/ ,(*$4#$ #/,(/%#V$7
L>T
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0(4#'(*0#%c %#/ #/V9-"+*$* 19-.+"-9% 4#-9%9%7 I/ OmT '.$% -$ %(4$*$+#M/ '( -$ (4#'(*0#% 4*98*(%$ N 4*9V9+$ 8*$/'(% i*($% '(/"'$'$% $-,$0(/,( '9-9*9%$%c +9/ 4U*'#'$ '( $8"$ N 4*9,(./$ (;+(%#V$w %$/8*$'9c 4(*'#'$ '( +$-9* 49* (V$49*$+#M/ +9/ 3#49,(*0#$ %":%(+"(/,( ( #/1(++#M/7 A '#1(*(/+#$ '( -$% p"(0$'"*$% -9% $4U/'#+(% (4#'U*0#+9% (%,i/ #/,$+,9% -9 p"( 4(*0#,( -$ *((4#,(-#S$+#M/ %#/ +#+$,*#+(%c -$ p"( (04#(S$ > %(0$/$ '(%4"U% '(- #/#+#9 '( -$ *($++#M/ 'U*0#+$ N ,90$ 0i% '( O %(0$/$%7 I- %./'*90( '( D,(V(/%mj93/%9/ (% "/$ (/1(*0('$' 'U*0#+$ (;19-#$,#V$ p"( 49/( (/ 4(-#8*9 -$ V#'$7 Q*(+"(/,(0(/,( (%,i/ $1(+,$'9% 9,*9% M*8$/9% N %( *(p"#(*( "/ (p"#49 0"-,#'#%+#4-#/$*#9 4$*$ %" ,*$,$0#(/,97 R$%,$ (- 090(/,9 /9 3$N "/ ,*$,$0#(/,9 p"( 3$N$ 09%,*$'9 %"4(*#9*#'$' +9/ *(%4(,9 $ 9,*97
0-*+!" #" 0)"5"&0DA+>&0+&
I/ ZPm[Pq '( -9% +$%9% (%,$ 4*(+('#'9 49* 0('#+$+#M/ 9 "/$ #/1(++#M/ *(%4#*$,9*#$7 J9% 4*#/+#4$-(% 1i*0$+9% $ +9*,9 4-$S9 $%9+#$'9% %9/2 ,*#0(,94*#0m%"-1$0(,9;$S9- N 9,*$% %"-19/$0#'$% +9/ "/ HH >ZLc %(8"#'$% 49* 9,*9% $/,#:#M,#+9% +909 +(1$-9%49*#/$% fHH >Pgc p"#/9-9/$% fHH >\g N $0#/9 4(/#+#-#/$% fHHY7Zg7 J9% 1i*0$+9% $%9+#$'9% $ -$*89 4-$S9 f(/ -9% 4*#0(*9% '9% 0(%(% '( "%9g %9/ +$*:$0$S(4#/$ fHH[\gc +9*,#+9(%,(*9#'(% fHH TPgc 1(/#,9#/$ fHH TOgc 1(/9:$*:#,$- fHH PTgc (/,*( 9,*9%7 F,*9% 1$+,9*(% $%9+#$'9% %9/ #/1(++#9/(% +$"%$'$% 49* ]@Rc
$ O %(0$/$% '(%4"U% '( -$ $4-#+$+#M/ '(- 1i*0$+97 K/9 $ O '.$% '(%4"U% #/#+#$ (/ -$% 0(0:*$/$% #/+-"N(/'9 9k9%c :9+$c /$*#S N 8(/#,$-(%7 J$% -(%#9/(% 'U*0#+$% %( 0$/#1#(%,$/ +909 0$+"-$% 8(/(*$-#S$'$% +9/ +(/,*9% 4"*4X*#+9%7 J$% 0i+"-$% 4*98*(%$/ $ V(%.+"-$% 8*$/'(% +9/ '(%4*(/'#0#(/,9 '( -$ L>Y
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0o =":*#* '( 0$/(*$ $4*94#$'$ -9% *(+#4#(/,(% (/ '9/'( %( $-0$+(/$ (- $8"$7 I% *(+90(/'$:-( p"( %( +"(/,( +9/ "/ %#%,(0$ '( +9/,*9- N ,*$,$0#(/,9 '(- $8"$ p"( %( 4*949*+#9/$ $ -9% +9/%"0#'9*(%7
D( 3$ '(09%,*$'9 p"( -9% %#8"#(/,(% %9/ 1$+,9*(% '( *#(%89 4$*$ 4*(%(/,$* 1#(:*( ,#19#'($2 o =90(* 1"(*$ '( -$ +$%$ $- 0(/9% "/$ V(S $ -$ %(0$/$ fFH2 O7\\w @=[Tq2>7\[m a7LTw 4ƒ\7\OOg7 o =90(* $-#0(/,9% (/ -$ V.$ 4X:-#+$ fFH2O7aYw @=[Tq2>7O\m >>7Paw 4ƒ \7\>Tg7 o =9/%"0#* :(:#'$% +9/ +":9% '( 3#(-9 fFH2T7aLw @=[Tq2>7Y[m L\7>L 4ƒ\7\OOg7 o =904*$* +":9% '( 3#(-9 (/ -$ V.$ 4X:-#+$ fFH27aLw @=[Tq2>7Y[mL\7>L 4ƒ\7\\Tg7
4$"?*" )$4+$#"'
QA=EFHID ?I H@ID!F G )HI]IB=@CB J$ +$-#'$' '(- $8"$ (% "/ 1$+,9* '( *#(%89 4$*$ '(%$**9--$* 1#(:*( ,#19#'($c $- +904$*$* +9/ +9/,*9-(% %( 3$ '(09%,*$'9 p"( (;#%,( 0$N9* 4*9:$:#-#'$' '( 4*(%(/,$* U%,$ (/1(*0('$' +"$/'92 /9 %( ",#-#S$ $8"$ -#04#$ 4$*$ :$r$*%( fFH2 Y7T\w @=[Tq2>7PZmLa7a\w 4 ƒ\7\>Pgc -$V$*%( -9% '#(/,(% fFH2P7OOw @=[Tq2 >7LTm >T7L\ 4ƒ\7\LLg 9 4$*$ :(:(* fFH2O7YZw @=[Tq2>7\Lm>O7>Pw 4ƒ\7\PYg7 <('#$/,( "/ $/i-#%#% 0"-,#V$*#$'9 %( '(09%,*M p"( V#V#* (/ "/$ +$%$ %#/ %"4-(0(/,9 '( $8"$ '( -$ *(' 0"/#+#4$- (% "/ 1$+,9* '( *#(%89 4$*$ '(%$**9--$* 1#(:*( ,#19#'($ fFH2L[7>aw @=[Tq2L7>Lm P\\7aw 4ƒ\7\LLg7 J$ 1#(:*( ,#19#'($ (% "/$ (/1(*0('$' p"( —/$+( (/ (- $8"$— N -$ 4*#/+#4$- 0('#'$ 4*(V(/,#V$ (% $%(8"*$* (- $++(%9 $- $8"$ %(8"*$7 I- $8"$ '(:( %(* '( :"(/$ +$-#'$' N (/ +$/,#'$'(% %"1#+#(/,(% 4$*$ p"( -$ +90"/#'$' +"(/,( +9/ -$ p"( %( *(p"#(*$ 4$*$ :(:(* N ,$0:#U/ 4$*$ 9,*9% 4*94M%#,9% '90U%,#+9% ,$-(% +909 +9+#/$*c -$V$* N :$r$*%(7 =909 0('#'$% '( 4*(V(/+#M/ '( -$ 1#(:*( ,#19#'($ %( *(+90#(/'$2 o ?(%#/1(+,$* (- $8"$ p"( %( ",#-#S$ 4$*$ :(:(* N 4$*$ -$ 4*(4$*$+#M/ '( -9% $-#0(/,9% 0('#$/,( (- 4*9+(%9 '( (:"--#+#M/ f$- 0(/9% '"*$/,( "/ 0#/",9g 9 $'#+#9/$/'9 4*9'"+,9% p".0#+9% '(%#/1(+,$/,(% f0#+*9:#+#'$%g p"( +9/,(/8$/ 4-$,$ 9 +-9*97
o B"/+$ 9 *$*$0(/,( -$V$*%( -$% 0$/9% $/,(% '( +90(* fFH2O7Law @=[Tq2>7P>mZ7YT 4ƒ\7\\Tg7 o B9 ",#-#S$* k$:M/ 4$*$ (- -$V$'9 '( -$% 0$/9% (% "/ 1$+,9* '( *#(%89 4$*$ 4*(%(/,$* 1#(:*( ,#19#'($ fFH2>7[>w @=[Tq2 >7\Ym O7PYg7 J9% $-#0(/,9% +9/,$0#/$'9% %9/ "/ V(3.+"-9 #049*,$/,( 4$*$ -$ ,*$/%0#%#M/ '( -$ 1#(:*( ,#19#'($7 D( *(+90#(/'$ 0$/(k$* N 4*9+(%$* $4*94#$'$0(/,( -9% $-#0(/,9% $4-#+$/'9 -$% %#8"#(/,(% 0('#'$%2 o J$V$*%( -$% 0$/9% +9/ $8"$ N k$:M/ $/,(% '( 4*(4$*$* 9 +9/%"0#* -9% $-#0(/,9% 7 o J$V$* +9/ $8"$ N k$:M/ -$% 1*",$% N -$% V(*'"*$%c '(%#/1(+,$*-$% +9/ 4*9'"+,9% 0#+*9:#+#'$% p"( +9/,(/8$/ +-9*9 9 4-$,$7 I% *(+90(/'$:-( #/8(*#* $-#0(/,9% p"( (%,U/ +9+#'9% N +$-#(/,(%7 D( *(+90#(/'$ (V#,$* -$ #/8(%,#M/ '(2 o A-#0(/,9% +*"'9% +909 -9% 0$*#%+9%7 o ^(:#'$% +9/ +":9% '( 3#(-97 o ="$-p"#(* $-#0(/,9 (/ -$ V.$ 4X:-#+$ p"( %( 3$N$ 4*(4$*$'9 +9/ $8"$ o A-#0(/,9% p"( %( V(/'(/ (/ -$ V.$ 4X:-#+$7 J$% 09%+$% 4"('(/ +9/,$0#/$* $-#0(/,9% (/ -9% p"( -9% 0#+*99*8$/#%09% %( 0"-,#4-#+$/ 3$%,$ $-+$/S$* '9%#% #/1(+,$/,(%7 D( *(+90#(/'$ '(49%#,$* -$ :$%"*$ (/ *(+#4#(/,(% p"( ,(/8$/ ,$4$ 9 (/ :9-%$% p"( 4(*0$/(S+$/ +(**$'$% 4$*$ (V#,$* -$ 4*(%(/+#$ '( 09%+$% N '#%0#/"#* (- *#(%89 '( +9/,$0#/$+#M/ '( -9% $-#0(/,9%7 L>Z
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0I/ "/ (%,"'#9 +904$*$,#V9c %( '(09%,*$'9 p"( 3$:#,$* (/ =9/ -$ V$+"/$ '( 49-#%$+i*#'9 ]# f"/$ '9%#%g2 %( -98*$c (/ "/$ V#V#(/'$ %#/ '*(/$k( 9 +9/ $-+$/,$*#--$'9 $:#(*,9 3$N 4*90('#9c "/$ 4*9,(++#M/ '( Yaqc f@=[Tq2 T\ma\qg $- $r9w N 0$N9* 4*9:$:#-#'$' '( '(%$**9--$* 1#(:*( ,#19#'($ p"( (/ "/$ '( Y\q f@= '(- [Tq2 O>q $ ZYqc $ -9% L $r9%7 D#/ (0:$*89c +9/ "/ %#%,(0$ $'(+"$'9 '( '*(/$k( fFH2Z7>[w @=[Tq2 >7OOm (%,9 /9 %"+('( $ -9% ,*(% $r9%7 J$ (1#+$+#$ $+"0"-$'$ $ -9% Oa7aLw 4ƒ\7\Pag7 )9* 0('#9 '( -$% 0('#'$% '( %$/#'$' %( ,*(% $r9% 1"( '( TTq f@= '(- [Tq2 O\q $ Z\qw >> OaP 4"('( *('"+#* (- *#(%89 '( ,*$/%0#%#M/ '( ,9'9% -9% 4$*,#+#4$/,(%c "/ (/%$N9g7 =904$*$'$ +9/ (- 4-$+(:9c /9 0#+*99*8$/#%09% 4$,M8(/9% #/,(%,#/$-(% #/+-"N(/'9 D7 ,N43#7 3":9 "/$ '#1(*(/+#$ %#8/#1#+$,#V$ (/ -$ #/+#'(/+#$ '( 1#(:*( N J$ $"%(/+#$ '( :$r9 '(/,*9 '( -$ V#V#(/'$ %( $%9+#$ +9/ "/$ (*#,(0$ (/ -9% 4$+#(/,(% V$+"/$'9%w (/ +9/,*$%,(c (- ('(0$ 0$N9* 4*9:$:#-#'$' '( 4*(%(/,$* 1#(:*( ,#19#'($ fFHƒ L7L\w -9+$- 1"( 0i% 1*(+"(/,( +9/ -$ V$+"/$7 @=[Tq2>7\YmP7TTg7 D( *(+90#(/'$ p"( -$ '#%49%#+#M/ '( -$% K/ (/%$N9 +-./#+9 *($-#S$'9 (/ >Lc\\a 4(*%9/$% 09%,*M p"( -$ (;+*(,$% %( *($-#+( (/ "/ :$r9 +9/(+,$'9 $ -$ *(' '( '*(/$k(w V$+"/$ ]#*I)A f(/ '9% '9%#%g 4*949*+#9/$ "/$ 4*9,(++#M/ N (/ +$%9 '( /9 +9/,$* +9/ (%,( ,#49 '( %(*V#+#9 %( 4*90('#9 '( [Pq f@= Tq2 ZTm[[qg $- $r9 N aZq f@=[Tq2 TYq $ *(+90#(/'$ (- "%9 '( -(,*#/$%7 F,*9% 1$+,9*(% '( *#(%89 [Yqg $ -9% '9% $r9%7 J$ (1#+$+#$ $+"0"-$'$ $ -9% PY 0(%(% fO7a *(-$+#9/$'9% +9/ (- '(%$**9--9 '( 1#(:*( ,#19#'($c %9/ -9% $r9%g 1"( '(- a[q f@= '(- [Tq2 ZYm[Zqg7 B9 %( *(49*,$*9/ %#8"#(/,(%2 o =$%9 *(+#(/,( '( 1#(:*( ,#19#'($ (/ (- 398$* +$%9% '( ('(0$ /# (*#,(0$ (/ -9% 8*"49% '( 4(*%9/$% fFH2L7Oaw @=[Tq2>7\Om T7Pag o =904$*,#* $-#0(/,9% (/ (V$+"/$'9% N /9 V$+"/$'9%w -$ 1#(:*( 1"( 0i% 1*(+"(/,( (/ (0#%09 4-$,9 fFH2 >7[Ow @=[Tq2>7>\mO7OZg7 8*"49 '( 4(*%9/$% V$+"/$'$%7 D( *(+90#(/'$ #/,(/%#1#+$* -$% 0('#'$% '( 3#8#(/( f-$V$'9 '( I/ -$ V$+"/$+#M/ *",#/$*#$ +9/,*$ -$ 1#(:*( ,#19#'($ %( 4"('( 0$/9% +9/ $8"$ N k$:M/c '#%49%#+#M/ '( (;+*(,$%c (/,*( 9,*$%g ",#-#S$* +"$-p"#(*$ '( -$% '9% V$+"/$% +9/,*$ (%,$ (/1(*0('$' N 4$*,#+"-$*0(/,(c +"$/'9 %( +9/V#V$ +9/ "/ 4$+#(/,( p"( f]# 9 ENL>$g7 )$*$ -$ 4*(V(/+#M/ '( -$ 1#(:*( ,#19#'($ %( 4*(%(/,( 1#(:*( ,#19#'($7 B9 (% *(+90(/'$:-( +904$*,#* -9% *(+90#(/'$ ",#-#S$* +"$-p"#(*$ '( -$% '9% 4*(%(/,$+#9/(% '( ",(/%#-#9%c /# -$ +90#'$ '( "/$ 4$+#(/,( +9/ 1#(:*( ,#19#'($7 J$ V$+"/$% $",9*#S$'$%2 ENL>$ M V$+"/$ '( 49-#%$+i*#'9 ]#7 ('"+$+#M/ 4$*$ -$ %$-"' (% (- 0('#9 4*#/+#4$- 4$*$ B#/8"/$ '( (%,$% V$+"/$% %( *(+90#(/'$ 4$*$ -9% /#r9% +9/+#(/,#S$* $ -$ 49:-$+#M/ %9:*( -$% 0('#'$% '( 4*(V(/+#M/w 0(/9*(% '( L $r9% '( ('$'7 49* -9 ,$/,9c #/V9-"+*$* $ -$ +90"/#'$' (% -$ 4#('*$ $/8"-$* 4$*$ (- +$0:#9 (/ (- +9049*,$0#(/,9 +9/+(*/#(/,( $ -$ J$ /"(V$ V$+"/$ ]# ]#m*I)A ,9'$V.$ /9 (%,i *(+90(/'$'$ 3#8#(/(7 D( *(+90#(/'$ (/1$,#S$* (/ -$% 4(*%9/$% p"( $+"'$/ '$'9 p"(c %( *(p"#(*( 0$N9* #/19*0$+#M/ 4$*$ %" ",#-#S$+#M/ $ -9% %(*V#+#9% '( %$-"' %9:*( -$ #049*,$/+#$ '( --(V$* $ +$:9 (/ 49:-$+#M/ $:#(*,$7f](* A/(;9 Y7Ow +"$'*9 >g (/ -$% i*($% '( ,*$:$k9 N (/ %" '90#+#-#9c ,9'$% -$% $++#9/(% '(%+*#,$% $/,(*#9*0(/,(c 4$*$ 4*(V(/#* -$ 1#(:*( ,#19#'($7 )$*$ 4$+#(/,(% /9 #/0"/9+904(,(/,(% %( *(+90#(/'$ -$ A+,"$-0(/,(c (;#%,(/ '9% 19*0$% +90(*+#$-(% '( V$+"/$ $/,#,#*9#'($2 -$ ENL>$ '( $'0#/#%,*$+#M/ 9*$- f+(4$ $,(/"$'$ '( D7 ,N43#g N -$ '( 49-#%$+i*#'9 ]# 4$*$ $'0#/#%,*$+#M/ 4$*(/,(*$- f9:,(/#'$ '(- $/,.8(/9 4"*#1#+$'9 '(- 49-#%$+i*#'9 +$4%"-$* '(- D ,N43# ]#g7 J$ V$+"/$ ]#m*I)A (% "/$ V$+"/$ *(+#(/,( ]# +9/k"8$'$ +9/ "/$ (;9,9;#/$ A *(+90:#/$/,( /9 ,M;#+$ '( )%("'909/$% $(*"8#/9%$ f*I)Ag7 D(8X/ "/ (/%$N9 +-./#+9 $-($,9*#S$'9 f+9/ L\cTPO 4$*,#+#4$/,(%gc -$ V$+"/$ $/,#,#19#'($ ENL>$ f(/ ,*(% '9%#%g2 4*949*+#9/M "/$ 4*9,(++#M/ %#8/#1#+$,#V$ (/ -$% 4(*%9/$% V$+"/$'$%c (/ +$'$ "/9 '( -9% ,*(% 4*#0(*9% $r9% f4*#0(* $r92 OTqc t@=[Tq2 amTPquw %(8"/'92 Taqc t@=[Tq2 P\mZ>uc ,(*+(*92 PYq t@=[Tq2 m Ym ZLqugw +9/ "/$ (1#+$+#$ $+"0"-$'$ '( Paqc $ -9% L7T $ O $r9% f@=[T2mOP $ Taqg7 =904$*$'$ +9/ (4-$+(:9c -$ V$+"/$ /9 9+$%#9/M 0$N9* 1*(+"(/+#$ '( +$%9% +9/ 1#(:*(c VM0#,9%c '#$**($c /i"%($% 9 '9-9* $:'90#/$-c +(1$-($ 9 (*"4+#M/ +",i/($7
",#-#S$+#M/ '( -$ V$+"/$ ]#7 D( 3$ '(09%,*$'9 p"( -$% +$04$r$% '( V$+"/$+#M/ 0$%#V$ +9/,*$ -$ ,#19#'($ f+9/ "/$ '9%#% '( -$ V$+"/$ '( 49-#%$+i*#'9 ]#gc '#*#8#'$% $ -$ 49:-$+#M/ (%+9-$* N $ -9% $'"-,9% %9/ 1$+,#:-(% N %(8"*$% +9/ 4*9:$:#-#'$' $-,$ '( +9:(*,"*$7 ?(:#'9 $ p"( -$ #/1*$(%,*"+,"*$ p"( %( /(+(%#,$ 4$*$ 0(k9*$* -$% +9/'#+#9/(% '( %$/#'$' N $%(8"*$* -9% %#%,(0$% 4$*$ 4*949*+#9/$* $8"$ (/ -9% 4$.%(% (/ '(%$**9--9 (/ '9/'( -$ 1#(:*( ,#19#'($ (% (/'U0#+$ 4"('( ,90$* $r9% (/ '(%$**9--$*%(c -9% 4*98*$0$% '( V$+"/$+#M/ (/ /#r9% 4*((%+9-$*(% N (%+9-$*(% '#+3$% S9/$% %9/ -$ 0(k9* 0('#'$ '( +9/,*9- '( -$ (/1(*0('$' 49* 1#(:*( ,#19#'($c $"/$'9 +9/ -9% 4*98*$0$% '( $-#V#9 '( -$ 49:*(S$7 J$% V$+"/$% +9/,*$ -$ 1#(:*( ,#19#'($ 4"('(/ :(/(1#+#$* $ -9% 3$:#,$/,(% '( i*($% (/'U0#+$% '( -$ (/1(*0('$' N $ -9% V#$k(*9% p"( -$% V#%#,$/7 J$ V$+"/$+#M/ +9/,*$ -$ 1#(:*( ,#19#'($ 4$*$ -9% V#$k(*9% '(:( *($-#S$*%( (/ :$%( $ -$ (V$-"$+#M/ '(*#(%89 p"( (;#%,( 4$*$ +9/,*$(* -$ (/1(*0('$' N -$ S9/$ p"( %(*i V#%#,$'$7 I- *#(%89 4$*$ 4*(%(/,$* 1#(:*( ,#19#'($ (% $-,9 4$*$ -9% V#$k(*9% p"( V#%#,$/ 4$.%(% (/ '(%$**9--9 +909 A%#$c L>a
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0_1*#+$c (- =$*#:(c A0U*#+$ =(/,*$- N A0U*#+$ '(- D"*7 ?(:#'9 $ f,(04(*$,"*$ $;#-$*g7 A-8"/9% 4$+#(/,(% 4"('(/ 4*(%(/,$* p"( (%,9% V#$k(*9% ,#(/(/ 0$N9* 4*9:$:#-#'$' '( #/8(*#* :*$'#+$*'#$ +9/ -$ 1#(:*( fY7a $ LP q '( -9% +$%9%g7 I/,*( (- T[ $-#0(/,9% /9 %(8"*9% f+9+#/$'9% N %(*V#'9% +$-#(/,(%g 9 N [\q '( -9% 4$+#(/,(% +9/ %9%4(+3$ '( 1#(:*( ,#19#'($ :(:#'$% /9 %(8"*$% f+$*:9/$,$'$% 9 4*(4$*$'$% +9/ $8"$ 4*(%(/,$/ +(1$-($7 I/ -$ 1$%( #/#+#$- f-$ 4*#0(*$ %(0$/$g '( -$ 3(*V#'$g7 @/+-"%9c $-8"/9% V#$k(*9% 3$/ $'p"#*#'9 -$ 1#(:*( (/1(*0('$'c %( 3$ *(49*,$'9 -$ 4*(%(/+#$ '( ,9% %(+$7 J$% ,#19#'($ (/ V#%#,$% '( 0(/9% '( > %(0$/$ (/ 4$.%(% '9/'( 0#$-8#$% %( *(49*,$/ (/ "/ aa7Yq '( -9% +$%9% N -$ $/9*(;#$ (/ (%,$ (/1(*0('$' (% (/'U0#+$7 J$ (0(*8(/+#$ '( +(4$% '( D7 (- ZZ7Lqc 4"('( 9+"**#* ,$0:#U/ 0$-(%,$* 8(/(*$-7 ,N43# *(%#%,(/,(% $ -$% 1-"9*9p"#/9-9/$% +9/--(V$ $ -$ D( *(+90#(/'$ +9/%#'(*$* (- '#$8/M%,#+9 +-./#+9 '( 1#(:*( /(+(%#'$' '( ",#-#S$* V$+"/$% 0i% %(8"*$% N (1(+,#V$% 4$*$ ,#19#'($ +"$/'9 -9% 4$+#(/,(% 4*(%(/,(/ -9% %#8"#(/,(% '$,9% 4*(V(/#* -$ 1#(:*( ,#19#'($7 +-./#+9%2 o Q#(:*( vO[„ = '"*$/,( 0$% '( ZL3% o =(1$-($ o J$ F
m LYqg7 J9% o )(*%9/$% p"( V#$k$/ $ *(8#9/(% 8(98*i1#+$% (/ '9/'( -$ 4$+#(/,(% 4"('(/ 4*(%(/,$* "/ +"$'*9 %#0#-$* $ "/$ 3(4$,#,#%c 1#(:*( ,#19#'($ (% (/'U0#+$7 +9/ 1#(:*( #+,(*#+#$ N 3(4$,90(8$-#$7 J$ 4*(%(/+#$ '( (%4-(/90(8$-#$ fO[m YPqgc 3(4$,90(8$-#$ f>TmZTqg 9 o )(*%9/$% p"( V#V(/ (/ +$049% '( *(1"8#9%7 3(4$,#,#% *($+,#V$ +9/ (-(V$+#M/ '( :#-#**":#/$% N $0#/9,*$/%1(*$%$%c /9 +9**(%49/'( /(+(%$*#$0(/,( $ "/$ o )(*%9/$% p"( ,*$:$k(/ (/ -$:9*$,9*#9% +-./#+9% 9 '( +904-#+$+#M/7 J$ 3#%,9-98.$ 3(4i,#+$ 0"(%,*$ "/$ 3(4$,#,#% #/V(%,#8$+#M/ '9/'( %( 4*9+(%(/ 0"(%,*$% :#9-M8#+$% 9 *($+,#V$ #/(%4(+.1#+$c $"/p"( (/ $-8"/9% 4$+#(/,(% 4"('(/ *($-#+(/ (%,"'#9% :$+,(*#9-M8#+9%7 9:%(*V$*%( -9% +$*$+,(*.%,#+9% /M'"-9% ,#19#'(9% p"( %9/ o )(*%9/$% p"( ,*$:$k(/ (/ -9% %#%,(0$% '( '(%$8€( f$8"$ 8*$/"-90$% +9/ "/$ #049*,$/,( 4*9-#1(*$+#M/ '( -$% +U-"-$% +9/,$0#/$'$%g7 '( n"411(*7 ?"*$/,( "/$ (4#'(0#$ '( D7 ,N43# f49* "/$ +(4$ 0"-,#**(%#%,(/,(g (/ E$k#|#%,$/c -$ $4-#+$+#M/ '( "/$ '9%#% '( V$+"/$ ]# +9/,*$ -$ ,#19#'($ $ >ac\\\ 4(*%9/$% 09%,*M "/$ (1(+,#V#'$' '(- ZLq7 I/ h#/8mA/c "/$ +90"/#'$' '( =3#/$c (Z\q '( -9% /#r9% '( ('$' (%+9-$* p"('$*9/ 4*9,(8#'9% 4$*$ -$ 1#(:*( ,#19#'($7 I/ %#,"$+#9/(% '( (4#'(0#$ '( 1#(:*( ,#19#'($ %( *(+90#(/'$ -$ $4-#+$+#M/ '( -$ V$+"/$ ]# (/ ,9'$ -$ 49:-$+#M/7 D# -$ +90"/#'$' (/ +"(%,#M/ /9 4"('( #/0"/#S$*%( +904-(,$0(/,(c %( *(+90#(/'$ +909 49:-$+#M/ :-$/+9 4$*$ -$ V$+"/$+#M/ $ -$% 4(*%9/$% '( L $ >[ $r9% '( ('$'7 J$ V$+"/$+#M/ '( -9% -$+,$/,(% p"( $+"'(/ $ 8"$*'(*.$% '(:( %(* +9/%#'(*$'$ (/ 19*0$ 4$*,#+"-$* (/ %#,"$+#M/ '( (4#'(0#$7
?@A!BCDE@=F ?@A!BCDE@=F =JeB@=F J$ 1#(:*( (% (- %./,90$ 4*#/+#4$- '( -$ (/1(*0('$'c 9+"**( (/ (- ZT $ >\\q '( -9% +$%9%w %( 4*(%(/,$ '( 19*0$ #/%#'#9%$c +9/ '"*$+#M/ 0$N9* '( "/$ %(0$/$ N V$ '( O[ $ P\„ =
?( $+"(*'9 $ /"0(*9%$% %(*#(% '( +$%9%c 9,*$% %./,90$% N %#8/9% p"( 4*(%(/,$/ -9% 4$+#(/,(% +9/ %9%4(+3$ '( 1#(:*( ,#19#'($ %9/2 o =9/%,#4$+#M/ f>\ } Z[ qg o ]M0#,9 fLO } TP qg o J(/8"$ D$:"**$- fT\ qg o I;$/,(0$ f>O $ PY qg7 o ?9-9* $:'90#/$- f>[ } TY qg7 I/ -$ 4*#0(*$ %(0$/$ '( -$ (/1(*0('$' 4"('( 9:%(*V$*%( -$ 4*(%(/+#$ '( "/ (;$/,(0$ 0$+"-$* fL $ P 00 '( '#i0(,*9g (/ ,M*$;c $:'90(/c N +$*$ #/,(*/$ '( 0"%-9% f*9%U9-$ ,#19.'#+$g ,$/,9 (/ /#r9% +909 (/ $'"-,9% f>OmPYqg7 D( *(+90#(/'$ #/V(%,#8$* -$ 4*(%(/+#$ '( 9,*9% '$,9% p"( $49N(/ -$ %9%4(+3$ +-./#+$ '( 1#(:*( ,#19#'($2 o =9/%,#4$+#M/ 9 '#$**($ o ]M0#,9 o ?9-9* $:'90#/$- o I;$/,(0$ 0$+"-$* f*9%U9-$ ,#19.'#+$g o J(/8"$ %$:"**$- o R(4$,90(8$-#$ o I%4-(/90(8$-#$7 J$% +904-#+$+#9/(% 4"('(/ 9+"**#* (/ (- >\m>Tq '( -9% 4$+#(/,(% N 4$*,#+"-$*0(/,(c (/ 390:*(% +9/ 0i% '( L %(0$/$% '( (V9-"+#M/ '( -$ (/1(*0('$'7 I- %$/8*$'9 8$%,*9#/,(%,#/$- N -$ 4(*19*$+#M/ %9/ -$% +904-#+$+#9/(% 0i% 1*(+"(/,(% fYm>Lqg7 R$+#$ (- 1#/$- '( -$ 4*#0(*$ %(0$/$c -9% 4$+#(/,(% 4"('(/ 4*(%(/,$* $-,(*$+#9/(% /("*9m4%#p"#$,*#+$% +9092 '(%9*#(/,$+#M/c $8#,$+#M/ 4%#+909,*#S N +*#%#% +9/V"-%#V$%c (%,$% X-,#0$% 4$*,#+"-$*0(/,( (/ /#r9% fTm>L qg7 L>[
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0D( *(+90#(/'$ #/V(%,#8$* -$ 4*(%(/+#$ '( '$,9% +-./#+9% '( 1(:*#-(% +9/ ,.,"-9% 4$*$ $/,.8(/9 F N $/,.8(/9 R ‚>2OL\ -$ $-$*0$ 9 +904-#+$+#9/(% (%4(+#$-0(/,( (/ -$ %(8"/'$ %(/%#:#-#'$' '#%0#/"N( 3$%,$ (/ "/ PY7Yqc 4(*9 -$ %(0$/$ '( (V9-"+#M/ '( -$ (/1(*0('$'7 (%4(+#1#+#'$' %( #/+*(0(/,$ 3$%,$ [[q7 D( *(+90#(/'$ %9-#+#,$* -$ 4*"(:$ '( $8-",#/$+#M/ '( #'$- f*($++#9/(% 1(:*#-(%g $ 4$*,#* '( -$ %(8"/'$ %(0$/$ '( (V9-"+#M/ '( -$ )HKI^AD ?I JA^FHAEFH@F (/1(*0('$'w %( +9/%#'(*$*i 49%#,#V$ +"$/'9 -9% ,.,"-9% '( $0:9% $/,#+"(*49% fxFy N xRg %($/ ‚ >2>Y\7 D( '(:( I/ 4$+#(/,(% +9/ 1#(:*( ,#19#'($ %( 4"('( (/+9/,*$* +9/%#'(*$* p"( "/ *(%"-,$'9 /(8$,#V9 '( -$ 4*"(:$ /9 $-,(*$+#9/(% (/ -$ :#90(,*.$ 3(0i,#+$ f^Rg +9092 $/(0#$c '(%+$*,$ -$ (/1(*0('$'7 -("+94(/#$ fL\ $- LT qg N (9%#/94(/#$ fZ\ma\ qg7 I/ -$ %(8"/'$ %(0$/$ '( -$ (/1(*0('$'c $-*('('9* '(- >\ $- >Tq '( -9% 4$+#(/,(% 4*(%(/,$/ ,*90:9+#,94(/#$7 D( *(+90#(/'$ %9-#+#,$* ^R ( #/V(%,#8$* -$ 4*(%(/+#$ '( $/(0#$c -("+94(/#$c (9%#/94(/#$ N ,*90:9+#,94(/#$ +909 '$,9% $%9+#$'9% $ 1#(:*( ,#19#'($ '( $+"(*'9 $ -$ (V9-"+#M/ +-./#+$ '(- 4$+#(/,(7 D( *(+90#(/'$ p"( $/,( -$ 4*(%(/+#$ '( $/(0#$ $8"'$ %( :"%p"(/ +904-#+$+#9/(% +909 %$/8*$'9% N 4(*19*$+#M/ #/,(%,#/$-7 J$ 3(4$,#,#% *($+,#V$ %(+"/'$*#$ $ D7 ,N43# 4"('( 4*(%(/,$*%( $ 4$*,#* '( -$ %(8"/'$ %(0$/$ '( -$ (/1(*0('$' f'( > $ LY qg7 ?"*$/,( (%,( 4(*#9'9 %( 3$/ *(49*,$'9 (-(V$+#9/(% '( $-$/#/9m$0#/9,*$/%1(*$%$ fAJEgc $%4$*,$,9m $0#/9,*$/%1(*$%$ fADEgc '(%3#'*98(/$%$ -$+,#+$ fJ?Rg N 19%1$,$%$ $-+$-#/$ fQAg7 B9 %( *(+90#(/'$ -$ ,90$ '( 4*"(:$% '( 1"/+#M/ 3(4i,#+$ f)QRg +909 (;i0(/(% #/#+#$-(% 4$*$ +904-(0(/,$* (- '#$8/M%,#+9 '( 1#(:*( ,#19#'($ N$ p"( /9 09'#1#+$*$/ (- 0$/(k9 #/,(8*$- '(- +$%97 D( *(+90#(/'$ ,90$* )QR +"$/'9 %( '(,(+,( 3(4$,90(8$-#$ $%9+#$'$ $ (/1(*0('$' 1(:*#- 4(*%#%,(/,(c $ 1#/$-(% '( -$ %(8"/'$ %(0$/$ '( -$ (/1(*0('$'w (/ +$%9 '( 9:%(*V$* $/9*0$-#'$'(% :#9p".0#+$% %9%4(+3$* -$ 4*(%(/+#$ '( 3(4$,#,#% 49* D7 ,N43#7 J$ 4*"(:$ '( $8-",#/$+#M/ '( #'$- +9/9+#'$ +909 x*($++#9/(% 1(:*#-(%yc '(,(+,$ $/,#+"(*49% +9/,*$ -9% $/,.8(/9% xFy N xRy '( D7 ,N43#7 J$ %(/%#:#-#'$' (% '(- OYq $Z\q N -$ (%4(+#1#+#'$' '(- ZYq $- [[ q $ 4$*,#* '( -$ %(8"/'$ %(0$/$ '( -$ (/1(*0('$'7 E#(/( "/ V$-9* 4*('#+,#V9 49%#,#V9 f]))g '( Za7Zq N "/ V$-9* 4*('#+,#V9 /(8$,#V9 f])Bg '( aPq7 D#,"$+#9/(% (/ -$% p"( %( *(49*,$ "/$ 4*"(:$ '( $8-",#/$+#M/ '( #'$- 49%#,#V$2 $g )$+#(/,( +9/ 1#(:*( ,#19#'($ :g @/0"/#S$+#M/ 4*(V#$ +9/ $/,.8(/9 '( D$-09/(--$ +g H($++#M/ +*"S$'$ 9+$%#9/$'$ 49* "/$ #/1(++#M/ 49* D$-09/(--$ /9 ,N43#7 'g )$-"'#%09c '(/8"( N 9,*$% (/,(*9:$+,(*#$% (g E*$,$0#(/,9% 4*(V#9% +9/ $/,#0#+*9:#$/9%7 K/$ ,(*+(*$ 4$*,( '( -9% 4$+#(/,(% #/1(+,$'9% 49* D ,N43# /9 4*9'"+( $/,#+"(*49% +9/,*$ $/,.8(/9 1-$8(-$* xRy7 J$ %(/%#:#-#'$' '( -$ 4*"(:$ '( $8-",#/$+#M/ '( #'$- (/ +90:#/$+#M/ +9/ (- 3(09+"-,#V9 (% 3$%,$ '(- Z[qc +9/ "/$ (%4(+#1#+#'$' '( a>q7 ?( $+"(*'9 +9/ "/ 0(,$m$/$-#%#% %( +9/%#'(*$/ *($++#9/(% 1(:*#-(% 49%#,#V$% -9% +$%9% +9/ V$-9*(% 4$*$ $/,#8(/9 F N $/,#8(/9 R‚ >2>Y\c +9/ "/$ %(/%#:#-#'$' Z[7Oq N (%4(+#1#+#'$' '(- a[q7 I/ -9% +$%9% '( *($++#9/(%
J$ 4*"(:$ #/0"/9$:%9*:(/,( fxEN43#'9, }
q7 J$ 4*"(:$ x@?J } E":(;y › (% "/$ 4*"(:$ '( $8-",#/$+#M/ %(0#+"$/,#,$,#V$ p"( '(,(+,$ $/,#+"(*49% '#*(+,9% +9/,*$ $/,.8(/9% '( D7 ,N43# xF[y7 E#(/( "/$ %(/%#:#-#'$' '(- Y[q N "/$ (%4(+#1#+#'$' '(- [Tq '( (%4(+#1#+#'$' J$ 4*"(:$ %(*9-M8#+$ *i4#'$ x?#4%,#+|y › '(,(+,$ $/,#+"(*49% @8< (%4(+.1#+9% +9/,*$ D7 ,N43#7 E#(/( "/$ %(/%#:#-#'$' '(- YTq $- ZZq N (%4(+#1#+#'$' '(- [Tq $- >\\q7 D( *(+90#(/'$ *($-#S$* 4*"(:$% *i4#'$% 4$*$ '(,(++#M/ '( $/,#+"(*49% +9/,*$ D7 ,N43# $ 4$*,#* '( -$ %(8"/'$ %(0$/$ '( -$ (/1(*0('$'7 =9/%#'(*$* p"( "/ *(%"-,$'9 /(8$,#V9 /9 '(%+$*,$ -$ (/1(*0('$'7 ?( $+"(*'9 +9/ "/ 0(,$$/i-#%#%c -$ +9/19*0$+#M/ '( "/$ %(+"(/+#$ '( 4*"(:$% '9/'( %( 3$/ +90:#/$'9 -$ $8-",#/$+#M/ '( #'$- +9/ -$ 4*"(:$ xEN43#'9, }
q N (%4(+#1#+#'$' '( [Z7a q7 ="$/'9 %( 3$/ *($-#S$'9 ,*(% 4*"(:$% %(*9-M8#+$% %#0"-,$/($% f4*"(:$ '( $8-",#/$+#M/ '( #'$-c x@?J } E":(;y › N xEN43#'9, }
\\q 4(*9 -$ %(/%#:#-#'$' 4"('( +$(* 3$%,$ (- O[q7 I- *($-#S$* 4*"(:$% %(*9-M8#+$% *i4#'$% (/ +90:#/$+#M/ +9/ -$ '( #'$- #/+*(0(/,$ -$ 49%#:#-#'$' '( *(19*S$* (- 49'(* '( -$% 4*"(:$% N '(,(+,$* 0i% +$%9% '( 1#(:*( ,#19#'($7 D( *(+90#(/'$ *($-#S$* 4*"(:$% *i4#'$% (/ $p"(--9% +$%9% (/ -9% p"( %( ,(/8$ $-,$ %9%4(+3$ +-./#+$ '( 1#(:*( ,#19#'($ N +"N$% *($++#9/(% 1(:*#-(% /9 3$N$/ %#'9 +9/+-"N(/,(%7 J$ %(/%#:#-#'$' '(- 3(09+"-,#V9 4$*$ (- $#%-$0#(/,9 '( D7 ,N43# (% '(- T\q '"*$/,( -$ 4*#0(*$ %(0$/$ '( -$ (/1(*0('$' N %( *('"+( (/ -$% %#8"#(/,(% %(0$/$%c -$ (%4(+#1#+#'$' (% '(>\\q7 I/ -9% 4$+#(/,(% p"( 3$/ *(+#:#'9 $/,#0#+*9:#$/9% $/,(% '(- '#$8/M%,#+9 (- '(%$**9--9 '( D7 ,N43# (/ +"-,#V9 %$/8"./(9 (% '(- P\ $- Y\q7 I% *(+90(/'$:-( *($-#S$* 3(09+"-,#V9 (/ $p"(--9% 4$+#(/,(% p"( 4*(%(/,$/ %./'*90( 1(:*#- '( 0i% '( O '.$% '( (V9-"+#M/ N %#/ (V#'(/+#$ +-./#+$ '( 9,*$% +$"%$% #/1(++#9%$%w 4$*,#+"-$*0(/,(c $ 1#/$-(% '( -$ 4*#0(*$ %(0$/$ 9 '"*$/,( -$ %(8"/'$ %(0$/$ '( -$ LL\
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0(/1(*0('$'7 )$*$ -$ #/,(*4*(,$+#M/ '( "/ 3(09+"-,#V9 %( E#(049 '( '(%$4$*#+#M/ '( -$ 1#(:*( fY '.$%w @=[Tq2 T7a $ Y7L '(:(*i ,90$* (/ +"(/,$ (- $/,(+('(/,( '( ,*$,$0#(/,9 '.$%g o H(+$.'$% f>7Zqw @=[T q2 \7T $ P7Yqg o I%,$'9 '( $/,#0#+*9:#$/9 4*(V#97 49*,$'9* fO7Tqc @=[Tq2 \7[ $ >\7Yqg7 I- $#%-$0#(/,9 '( D ,N43# $ 4$*,#* '( ,(k#'9 '( 0U'"-$ M%($ f0#(-9+"-,#V9g ,#(/( "/$ %(/%#:#-#'$' '(- a\q $- [Tq N "/$ (%4(+#1#+#'$' '(- >\\qw%( +9/%#'(*$ (- (%,i/'$* '( 9*9 4$*$ ('#$8/M%,#+9 '( 1#(:*( ,#19#'($7 I- +"-,#V9 '( 3(+(% %( (/+"(/,*$ 49%#,#V9 (/ (- LTq $ O\q '( -9% $'"-,9% N Y\q '( -9% /#r9% +9/ 1#(:*( ,#19#'($7 D7 ,N43# (% 9+$%#9/$-0(/,( (-#0#/$'$ 49* 9*#/$ '( 09'9 p"( ("*9+"-,#V9 4"('( %(* "/$ $-,(*/$,#V$ +904-(0(/,$*#$ '( '#$8/M%,#+9w %#/ (0:$*89c %" %(/%#:#-#'$' (% :$k$ +"$/'9 %( ",#-#S$ +909 "/$ 4*"(:$ $#%-$'$7 D( *(+90#(/'$ p"( $ ,9'9 4$+#(/,( +9/ %./'*90( 1(:*#4(*%#%,(/,( 49* 0i% '( > %(0$/$ '( (V9-"+#M/ +9/ *($++#M/ '( #'$- 49%#,#V$ f,.,"-9% '( $/,.8(/9% F N R ‚ >2 >Y\gc *($-#S$* -9% %#8"#(/,(% (%,"'#9% $ 4(%$* '(- ,*$,$0#(/,9 #/#+#$'9 4$*$ 1#(:*( ,#19#'($2 o R(09+"-,#V9 o <#(-9+"-,#V9 o K*9+"-,#V9 o =94*9+"-,#V97 D( *(+90#(/'$ ,90$* "/ 0#(-9+"-,#V9 (/ $p"(--9% +$%9% (/ -9% p"( (;#%,( $-,$ %9%4(+3$ +-./#+$ '( 1#(:*( ,#19#'($ +9/ *(49*,(% '( 3(09+"-,#V9 /(8$,#V9%7
EHAEA<@IBEF I/ (- ,*$,$0#(/,9 '( -$ 1#(:*( ,#19#'($ -9% %#8"#(/,(% $/,#0#+*9:#$/9% 3$/ 09%,*$'9 ",#-#'$'2 Q-"9*9p"#/9-9/$%2 o Q$--$ +-./#+$ fL7>q +$%9%w @= [Tq2 >7P } O7Lqgc o Q$--$ 0#+*9:#9-M8#+$ f\7Pqw @= [Tq \7> $ >7\qg o E#(049 '( '(%$4$*#+#M/ '( -$ 1#(:*( fO7[ '.$%w @=[Tq O7a $ O7[ '.$%g o H(+$.'$% f>7L qc @=[Tq2 \7Z $ L7Lqg o I%,$'9 '( 49*,$'9* f>7Tqc @=[Tq2\7T $ \7[qg7 =(1#;#0(2 o Q$--$ +-./#+$ f[7Pqw @= [Tq2 T7T $ >T7Oqg o Q$--$ 0#+*9:#9-M8#+$ f>7[qw @= [Tq2 \7T $ T7a qg o E#(049 '( '(%$4$*#+#M/ '( -$ 1#(:*( fY7[ '.$%w @= [Tqw Y7Z $ Z7L '.$%g o H(+$.'$% fO7> qw @= [T q2>7L $ Z7T qg o I%,$'9 '( 49*,$'9* f\7a qc @= [Tq2 \7\P $ T7O qg7 =-9*$01(/#+9-2 o Q$--$ +-./#+$ fP7a q @= [Tq2 O7Z $ Y7O qg o Q$--$ 0#+*9:#9-M8#+$ f\7aq @=[Tq2\7O $ >7Yqg o E#(049 '( '(%$4$*#+#M/ '( -$ 1#(:*( fT7P '.$%w @= [Tq2 T7O $ T7T '.$%g o H(+$.'$% fT7Y qc @=[Tq2 P7O $ Z7Lqg o I%,$'9 '( 49*,$'9* fT7[qc @=[T2 P7O $ Z7[qg7 E*#0(,94*#0 } D"-1$0(,9;$S9-2 o Q$--$ +-./#+$ f[7Oq @=[Tq2 Y7O $ >O7Pqg o Q$--$ 0#+*9:#9-M8#+$ f\7\qw @=[T q \ $ >7[ qg o
A04#+#-#/$ 9 A09;#+#-#/$2 o Q$--$ +-./#+$ fZ7[ qw @=[Tq2 T7> $ >>7[qg o Q$--$ 0#+*9:#9-M8#+$ f>7Lqw @=[Tq2 \7O $ O7aqg o E#(049 '( '(%$4$*#+#M/ '( -$ 1#(:*( fY7P '.$%w @=[Tq2 Y7O $ Y7Y '.$%g o H(+$.'$% fL7Lqc @= [Tq \7[ $ Tqg o I%,$'9 '( 49*,$'9* fP7> qc @= [T q L $ Z7a qg7 =(1,*#$;9/$2 o Q$--$ +-./#+$ fa7Z qw @= [Tq2 Y7> $ >L qg o Q$--$ 0#+*9:#9-M8#+$ f>7Tqw @=[Tq2 \7Y $ O7T qg o E#(049 '( '(%$4$*#+#M/ '( -$ 1#(:*( fY7> '.$%w @=[Tq2 T7[ $ Y7O '.$%g o H(+$.'$% fT7O qc @=[Tq2 O7Z $ a7L qg o I%,$'9 '( 49*,$'9* f>7L qc @= [T q \7P } O7L qg7 I/ +904$*$+#M/ +9/ (- +-9*$/1(/#+9-c -$% 1-"9*9p"#/9-9/$% /9 1"(*9/ (%,$'.%,#+$0(/,(c '#1(*(/,(% 4$*$ (- 1*$+$%9 +-./#+9 fTPP 4$*,#+#4$/,(%g 9 0#+*9:#9-M8#+9 fOZa 4$*,#+#4$/,(%g (/ $'"-,9%w U%,$% *('"k(*9/ -$ *(+$.'$ +-./#+$0(/,( '#$8/9%,#+$'$ (/ $'"-,9% fFH \c>Pw \c\P $ \cT\w '( PYZ 4$*,#+#4$/,(%c Y (/%$N9%gc %#/ (0:$*89 (%,9 X-,#09 /9 1"( (%,$'.%,#+$0(/,( %#8/#1#+$,#V9 (/ -9% 4$*,#+#4$/,(% +9/ *(+$.'$ +9/1#*0$'$ 0('#$/,( 3(09+"-,#V9 f>L> 4$*,#+#4$/,(%c L (/%$N9%g7 I/ +904$*$+#M/ +9/ (- +9,*#09;$S9-c /9 %( '(,(+,$*9/ '#1(*(/+#$% (%,$'.%,#+$0(/,( %#8/#1#+$,#V$% faL 4$*,#+#4$/,(%c L (/%$N9%g7 I/,*( -9% $'"-,9%c -$% 1-"9*9p"#/9-9/$% (% 0(/9* (- 1*$+$%9 +-./#+9 (/ +904$*$+#M/ +9/ -$ +(1,*#$;9/$ fFH \c\aw \c\> $ \cPTw >L\ 4$*,#+#4$/,(%c O (/%$N9%gc 4(*9c 4$*$ (- 1*$+$%9 0#+*9:#9-M8#+9 9 -$ *(+$.'$ /9 09%,*$*9/ '#1(*(/+#$% %#8/#1#+$,#V$%7 B9 %( '(,(+,$*9/ '#1(*(/+#$% %#8/#1#+$,#V$% (%,$'.%,#+$0(/,(c (/,*( -$% 1-"9*9p"#/9-9/$% N -$ +(1#;#0$ fa\ 4$*,#+#4$/,(%c > (/%$N9g 9 -$ $S#,*90#+#/$ f>TL 4$*,#+#4$/,(%c L (/%$N9%g7 I/ -9% (/%$N9% '( /#r9% 39%4#,$-#S$'9%c -$% 1-"9*9p"#/9-9/$% /9 09%,*$*9/ '#1(*(/+#$% %#8/#1#+$,#V$% (%,$'.%,#+$0(/,(c $ -$ +(1,*#$;9/$ fY\ 4$*,#+#4$/,(%c > (/%$N9c +9/ /9*1-9;$+#/$g N $ -$ +(1#;#0$ faL 4$*,#+#4$/,(%c > (/%$N9g7 ]$*#9% (%,"'#9% +-./#+9% *($-#S$'9% (/ 0"(%,*$% 8*$/'(% '( /#r9% /9 3$/ '(09%,*$'9 p"( (- "%9 '( p"#/9-9/$% -(% 9+$%#9/( %(+"(-$% M%($% 9 $*,#+"-$*(%7 J$% 1-"9*9p"#/9-9/$% %9/ (- ,*$,$0#(/,9 '( 4*#0(*$ (-(++#M/ 4$*$ -$ 1#(:*( ,#19#'($ (/ i*($% (/ '9/'( /9 (;#%,( *(%#%,(/+#$ $ (%,( 0('#+$0(/,97 J$% +(1$-9%49*#/$% '( ,(*+(*$ 8(/(*$+#M/ f+(1#;#0$c +(1,*#$;9/$c +(19,$;#0$g %9/ '*98$% (1(+,#V$% ,$0:#U/ 4$*$ (- ,*$,$0#(/,9 '( 1#(:*( ,#19#'($7 I+-9*$/1(/#+9-c -$ $09;#+#-#/$ N (- ,*#0(,94*#0 }%"-1$0(,9;$S9+9/,#/X$/ %#(/'9 (1#+$+(% 4$*$ (- ,*$,$0#(/,9 '( -$ 1#(:*( ,#19#'($ (/ $p"(--9% 4$.%(% (/ '9/'( -$ :$+,(*#$ %#8"( %#(/'9
LL>
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0,9,$-0(/,( %"%+(4,#:-( $ (%,9% 0('#+$0(/,9% N (/ '9/'( /9 8$,#1-9;$+#/$c $S#,*90#+#/$ aa $ >>L 39*$%g fRH >7\ c @= [Tq2 %( '#%49/( '( -$% 1-"9*9p"#/9-9/$%7 \7a\ $>7LY 4 ƒ \7[aPg o Q$--$ $- ,*$,$0#(/,92 8$,#1-9;$+#/$ [qc $S#,*90#+#/$ [7Oq fRH \7[O t@= [Tq2 \7PO}L7\ 4 ƒ \7aTPg7 )$*$ (- ,*$,$0#(/,9 $0:"-$,9*#9 N 39%4#,$-$*#9 '( /#r9% N $'"-,9% +9/ 1#(:*( ,#19#'($ f+$%9% $#%-$'9%c +$%9% 1"(*$ '( D( *(+90#(/'$ ",#-#S$* $S#,*90#+#/$ (/ -9% +$%9% '( :*9,( :*9,( (4#'U0#+9 9 +"$/'9 (- 8(*0(/ %($ %(/%#:-( +9/ :$%( $(4#'U0#+9 '( 1#(:*( ,#19#'($ 9 +"$/'9 %( ,*$,( '( *(%#%,(/+#$ 4$,*M/ '( %"%+(4,#:#-#'$' '( D7 ,N43#g %( *(+90#(/'$/ -9% 4*9:$'$ '( D ,N43# $ 1i*0$+9% '( 4*#0(*$ -./($c %#(04*( N %#8"#(/,(% $/,#0#+*9:#$/9% +909 1i*0$+9% '( 4*#0(*$ -./($2 +"$/'9 (;#%,$ -$ 49%#:#-#'$' '( 91*(+(* (- ,*$,$0#(/,9 '( 19*0$ $0:"-$,9*#$2 o B#r9%2 >\ 085|85'.$ 49* V.$ 9*$-c +$'$ >7 =#4*91-9;$+#/$2 o B#r9%2 >T $ L\ 085n85'.$ 49* V.$ 9*$- +$'$ LP 39*$% 49* Z '.$%7 o A'"-,9%2 T\\ 08 49* V.$ 9*$- +$'$ LP >L 39*$% 49* Z '.$% o A'"-,9%2 T\\ 08 49* V.$ 9*$- +$'$ >L 39*$% 49* Z '.$%7 39*$% 49* Z '.$%7 J$% +(1$-9%49*#/$% '( ,(*+(*$ 8(/(*$+#M/ %( +9/%#'(*$/ L7 =(1#;#0$2 o B#r9%2 >T $ L\ 085n85'.$c 49* V.$ 9*$-c +$'$ >L $/,#:#M,#+9% '( (-(++#M/ 4$*$ (- ,*$,$0#(/,9 '( -$ 1#(:*( 39*$% 49* >P '.$% o A'"-,9%2 L\\ 08c 49* V.$ 9*$-c +$'$ >L ,#19#'($ (/ -$% %#8"#(/,(% %#,"$+#9/(%2 o @/,9-(*$/+#$ $ -$ V.$ 39*$% 49* >P '.$%7 9*$- o Q#(:*( ,#19#'($ %(V(*$c o =(4$% *(%#%,(/,(% '( D7 ,N43#7 J$% 1-"9*9p"#/9-9/$% N -$% +(1$-9%49*#/$% '( ,(*+(*$ O7 =-9*$/1(/#+9-2 o B#r9%2 T\ $ ZT 085|85'.$ 49* V.$ 9*$-c +$'$ 8(/(*$+#M/ %( +9/%#'(*$/ $/,#:#M,#+9% '( (-(++#M/ 4$*$ (Y 39*$% >P '.$% f/9 (;+('(* O 8g o A'"-,9%2 T\\ 08 49* V.$ ,*$,$0#(/,9 '( -$% +(4$% *(%#%,(/,(% $ 0X-,#4-(% 1i*0$+9%7 I/ 9*$- +$'$ Y 39*$% 49* >P '.$% f/9 (;+('(* '( O 8*$09%g7 (- ,*$,$0#(/,9 '( -$ 1#(:*( ,#19#'($ -$ +(1,*#$;9/$ 3$ '(09%,*$'9 %" ",#-#'$'2 o Q$--$ +-./#+$ fa7Zq @=[Tq2 Y7> $ ="$/'9 /9 (% 49%#:-( ",#-#S$* -9% 1i*0$+9% '( 4*#0(*$ -./($ %( >Lqg7 o Q$--$ 0#+*9:#9-M8#+$ f>7T q @= [Tq \7Y $ O7Tqg7 o *(+90#(/'$/ +909 $-,(*/$,#V$%2 E#(049 '( '(%$4$*#+#M/ '( -$ 1#(:*( fY7> '.$%w @=[T2 T7[ $ Y7O >7 A04#+#-#/$2 o B#r9%2 T\ $ >\\ 085n85'.$c 49* V.$ 9*$- +$'$ Y '.$%g7 o H(+$.'$% fT7O qc @= [T q O7Z $ a7Lqg o I%,$'9 '( 39*$% 49* >P '.$% o A'"-,9%2 >8* 49* V.$ 9*$- +$'$ Y 39*$%7 49*,$'9* f>7L qc @= [Tq \7P } O7Lqg7 J$% +(1$-9%49*#/$% '( ,(*+(*$ 8(/(*$+#M/ f+(1#;#0$c +(1,*#$;9/$c N +(19,$;#0$g %9/ L7 A09;#+#-#/$2 o B#r9%2 T\ $ >\\ 085n85'.$c 49* V.$ 9*$- +$'$ '*98$% (1(+,#V$% 4$*$ (- ,*$,$0#(/,9 '( 1#(:*( ,#19#'($7 D( Y 39*$% 49* >P '.$% o A'"-,9%2 >8*c 49* V.$ 9*$- +$'$ a 39*$%7 *(+90#(/'$ ",#-#S$* +(1$-9%49*#/$% '( ,(*+(*$ 8(/(*$+#M/ (/ -9% %#8"#(/,(% +$%9%2 o Q$--$ $- ,*$,$0#(/,9 $0:"-$,9*#9 #/#+#$O7 E*#0(,94*#0 }%"-1$0(,9;$S9-2 o B#r9%2 P $ >\ 085n85'.$ o H(%#%,(/+#$ $ 1i*0$+9% '( 4*#0(*$ -./($ o @049%#:#-#'$' f+$-+"-$'9 +9/ :$%( $- ,*#0(,*94*#0g 49* V.$ 9*$- +$'$ >L 4$*$ $'0#/#%,*$* -9% $/,#0#+*9:#$/9% 49* V.$ 9*$- o Q#(:*( 39*$% 49* >P '.$% o A'"-,9%2 >Y\ 08 f+$-+"-$'9 +9/ :$%( $,#19#'($ +904-#+$'$ fV(* $/(;9 Y7Ow +"$'*9 Lg o H(+$.'$ '( -$ ,*#0(,*94*#0gc 49* V.$ 9*$-c +$'$ >L 39*$% 49* >P '.$%7 (/1(*0('$'7 J$% '9%#% *(+90(/'$'$% %9/2 J$ $S#,*90#+#/$ 3$ '(09%,*$'9 %(* "/ ,*$,$0#(/,9 >7 =(19,$;#0$2 B#r9%2 P\ $ a\ 085n85'.$ 49* V.$ #/,$V(/9%$c $/,#0#+*9:#$/9 %$,#%1$+,9*#9 (/ +$%9% '( /#r9% N $'"-,9% +9/ +$'$ a 39*$% 49* >P $ L> '.$%7 A'"-,9%2 > $ L 8c 49* V#$ 1#(:*( ,#19#'($ /9 +904-#+$'$ '(:#'$ $ D7 ,N43# #/,*$V(/9%$c +$'$ Y $ a 39*$% 49* >P $ L> '.$%7 0"-,#**(%#%,(/,( f+-9*$/1(/#+9-c ,*#0(,*94*#0m%"-1$0(,9;$S9N $04#+#-r#/$g N +9/ :$k$ %(/%#:#-#'$' $ -$% 1-"9*9p"#/9-9/$%7 L7 =(1,*#$;9/$2 B#r9%2 T\ $ ZT 085n85'.$c 49* V.$ I%,9 :$%$'9c (/ -9 %#8"#(/,(2 o ="*$+#M/ +-./#+$2 91-9;$+#/$ #/,*$0"%+"-$* 9 #/,*$V(/9%$c +$'$>L 7$ LP 39*$%c 49* >P $ L> YPqc 91-9;$+#/$ 0i% $S#,*90#+#/$ ZYq N $S#,*90#+#/$ aLq f4 ƒ '.$% A'"-,9%2 L $ P 8c 49* V#$ #/,*$0"%+"-$* 9 #/,*$V(/9%$c \7\TOg7 o ?(%$4$*#+#M/ '( -$ 1#(:*(2 91-9;$+#/$ a7L '.$% +$'$ >L $ LP 39*$% 49* >P $ L> '#$%7 t@=[Tq2Z7L $ [7L '.$%u7 91-9;$+#/$ 0i% $S#,*90#+#/$ Z7> '.$% t@=[Tq2Y7L $ a7> '.$%ug N $S#,*90#+#/$ T7a '.$% t@=[Tq2T7> $ Y7T D( *(+90#(/'$ X/#+$0(/,( (- +$0:#9 $ ,*$,$0#(/,9 49* V.$ '.$%u f 4z \7\\>g7 o I%,$'9 '( 49*,$'9* '(%4"U% '(9*$- +"$/'9 %( +9/9S+$ p"( -$ +(4$ $#%-$'$ (% %"%+(4,#:-( $ ,*$,$0#(/,9 #/0('#$,92 91-9;$+#/$ Y7Tqc 91-9;$+#/$ 0i% +"$-p"#(*$ '( -$% $-,(*/$,#V$% 49* V.$ 9*$-7 J$ $04#+#-#/$c $S#,*90#+#/$ Y7Tq N $S#,*90#+#/$ >7Yq f4ƒ\7\\Yg7 $09;#+#-#/$c ,*#0(,94*#0}%"-1$0(,9;$S9- N +#4*91-9;$+#/$ J$ 8$,#1-9;$+#/$ N -$ $S#,*90#+#/$ 3$/ 09%,*$'9 (1#+$+#$ (/ (,*$,$0#(/,9 '( /#r9% N $'"-,9% +9/ 1#(:*( ,#19#'($ *(%#%,(/,( $ 0X-,#4-(% '*98$%2 o ?(%$4$*#+#M/ '( 1#(:*( 4*90('#9 '( >\Y 39*$% 4$*$ $0:9% $/,#:#M,#+9% f@= [Tq2 [Pm>>a 39*$% 4$*$
$-+$/S$/ (-(V$'$% +9/+(/,*$+#9/(% (/ V(%.+"-$ N V.$% :#-#$*(%7 I%,9% 0('#+$0(/,9% (%,i/ #/'#+$'9% 4$*$ -$ (**$'#+$+#M/ '((%,$'9 '( 49*,$'9* 49%,(*#9* $- ,*$,$0#(/,9 '( -$ (/1(*0('$'7 )$*$ -$ (**$'#+$+#M/ '(- (%,$'9 '( 49*,$'9*c -$ '"*$+#M/ '(- ,*$,$0#(/,9 (% /(+(%$*#$0(/,( 0$N9* N LLL
!"#$% '( )*$+,#+$ +-./#+$ *(%"0#'$% 1"(/,(2 3,,42556667+(/(,(+7%$-"'789:70;5#/,(*#9*5+$,$-989<$(%,*9!)=73,0*(p"#(*( "/ 09/#,9*(9 (%,*(+39 '(- 4$+#(/,( 0('#$/,( -$ ,*$,$0#(/,9 39%4#,$-$*#9 $ -9% 4$+#(/,(% +9/ 1#(:*( ,#19#'($ ,90$ '( +94*9+"-,#V9 %(*#$'97 J$ (**$'#+$+#M/ '(- (%,$'9 '( p"( 4*(%(/,(/ -9% %#8"#(/,(% '$,9%2 o ]M0#,9 4(*%#%,(/,( o 49*,$'9* (% #049*,$/,( 4$*$ (- +9/,*9- '( -$ '( -$ 1#(:*( ?#$**($ %(V(*$ o ?#%,(/+#M/ $:'90#/$- D( *(+90#(/'$ ,#19#'($7 D( 4"('( -98*$* 3$%,$ (/ (- >a\q '( -9% +$%9%w +9/ *(1(*(/+#$ $- %(8"/'9 /#V(- -9% %#8"#(/,(% +$%9%2 o B#r9% +9/ $-,$% '9%#% '( $04#+#-#/$5$09;#+#-#/$ 9 +9/ +#4*91-9;$+#/$ (/ 1#(:*( '( '#1.+#- +9/,*9- +9/ $/,(+('(/,(% '( +*#%#% +9/V"-%#V$% "/ 4(*#9'9 '( $- 0(/9% '( P %(0$/$%7 o B#r9% +9/ *(+3$S9 $:%9-",9 $ -$ V.$ 9*$- o B#r9% +9/ '9-9* $:'90#/$- 4(*%#%,(/,( o B#r9% 9 $'"-,9% +9/ '(%3#'*$,$+#M/ )$*$ (- ,*$,$0#(/,9 '( (**$'#+$+#M/ '(- (%,$'9 '( 49*,$'9* %( 09'(*$'$ 9 8*$V( o B#r9% 9 $'"-,9% +9/ 1$--$ $- 0$/(k9 *(+90#(/'$/ -9% %#8"#(/,(% $/,#0#+*9:#$/9% '( 4*#0(*$ $/,#0#+*9:#$/9 $0:"-$,9*#9 #/#+#$- o A'"-,9% +9/ 3(09**$8#$ (-(++#M/2 $ +"$-p"#(* /#V(- o A'"-,9% +9/ %9%4(+3$ 9 4(*19*$+#M/ #/,(%,#/$- D( *(+90#(/'$ *(1(*#* $ -$ +9/%"-,$ (;,(*/$ '( >7 =#4*91-9;$+#/$2 B#r9%2 >T $ L\ 085n85'.$ 49* V.$ 9*$- +$'$ 0('#+#/$ #/,(*/$ 9 '( 4('#$,*.$ '(- %(8"/'9 /#V(- '( >L 39*$% 49* La '.$% A'"-,9%2 ZT\ 08 49* V#$ 9*$- +$'$>L $,(/+#M/c $ -9% 4$+#(/,(% p"( *(+#:(/ ,*$,$0#(/,9 '( 39*$% 49* La '.$%7 (**$'#+$+#M/ '(- (%,$'9 '( 49*,$'9* +"$/'9 %( '(,(+,( +94*9+"-,#V9 49%#,#V9 '"*$/,( +"$-p"#(* 090(/,9 '(L7 A09;#+#-#/$2 B#r9%2 >\\ 085n85'.$ 49* V.$ 9*$- +$'$ Y 39*$% %(8"#0#(/,97 49* Y %(0$/$% A'"-,9%2 >8* 49* V.$ 9*$- +$'$ Y 39*$% 49* Y %(0$/$%7 O7 E*#0(,94*#0 } D"-1$0(,9;$S9- fE<)5D
\ 085n85'.$ fE<)g 49* V.$ 9*$- +$'$ >L 39*$% 49* Y %(0$/$% A'"-,9%2 >Y\ 08 fE<)gc 49* V#$ 9*$- +$'$ >L 39*$% 49* Y %(0$/$%7 P7 A04#+#-#/$2 B#r9%2 >\\ 085n85'.$ 49* V.$ 9*$- +$'$ Y 39*$% 49* Y %(0$/$%7 A'"-,9%2 >8*c 49* V.$ 9*$-c +$'$ Y 39*$% 49* Y %(0$/$%7 I/ 0"k(*(% (0:$*$S$'$% +9/ 1#(:*( ,#19#'($ (- ,*$,$0#(/,9 '( (-(++#M/ (% $04#+#-#/$c $09;#+#-#/$ 9 +(1$-9%49*#/$% '( ,(*+(*$ 8(/(*$+#M/ +909 +(19,$;#0$ 9 +(1,*#$;9/$7 I/ -$% 0"k(*(% (0:$*$S$'$% +9/ 1#(:*( ,#19#'($ %( *(+90#(/'$ (,*$,$0#(/,9 +9/ $04#+#-#/$c $09;#+#-#/$ 9 +(1$-9%49*#/$% '( ,(*+(*$ 8(/(*$+#M/ (/ -$% '9%#% 4*(V#$0(/,( '(%+*#,$% (/ (%,$ 8".$7 I- (1(+,9 $/,#4#*U,#+9 '(- #:"4*91(/9 (% %"4(*#9* $- '(4$*$+(,$09- (/ /#r9% +9/ 1#(:*( ,#19#'($c (- ,#(049 4*90('#9 '( -$ '(%$4$*#+#M/ '( -$ 1#(:*( f(/ 39*$%g 1"( '( Ya7P $ LY\ V%7 >\P $ P\Pc *(%4(+,#V$0(/,( f4ƒ \7\TTg7 A0:9% $/,#4#*U,#+9% 4$*(+(/ %(* %(8"*9%7 )$*$ (- +9/,*9- '( -$ 1#(:*( %( *(+90#(/'$ (- "%9 '( #:"4*91(/9 9 4$*$+(,$09-w %#/ (0:$*89 '(:( %(* +"#'$'9%$0(/,( (V$-"$'9 (%4(+#$-0(/,( (/ 4$+#(/,(% +9/ 3(4$,#,#% *($+,#V$ N %$/8*$'97
=H@EIH@FD ?I HIQIHIB=@A G =FBEHAHHIQIHIB=@A J9% 4$+#(/,(% +9/ 1#(:*( ,#19#'($c VM0#,9 4(*%#%,(/,(c '#$**($ #049*,$/,(c N '#%,(/+#M/ $:'90#/$- 4"('(/ *(p"(*#* 39%4#,$-#S$+#M/ N ,(*$4#$ $/,#0#+*9:#$/$ 4$*(/,(*$-7 D( *(+90#(/'$ *(1(*#* $- %(8"/'9 /#V(- '( $,(/+#M/ 4$*$ *(+#:#*
J9% 4$+#(/,(% +9/ 3(09**$8#$ #/,(%,#/$- /(+(%#,$/ +"#'$'9% #/,(/%#V9%c 09/#,9*#S$+#M/ N ,*$/%1"%#M/ %$/8"./($7 J$ #/,(*V(/+#M/ /9 '(:( -#0#,$*%( /(+(%$*#$0(/,( (/ -9% +$%9% +9/ 4U*'#'$ %#8/#1#+$,#V$ '( %$/8*(7 I/ U%,9% +$%9% (%,i #/'#+$'$ "/$ +9/%"-,$ p"#*X*8#+$ 49* %9%4(+3$ '( 4(*19*$+#M/ #/,(%,#/$-7 D# %( +9/1#*0$ -$ 4(*19*$+#M/c -$ *(4$*$+#M/ p"#*X*8#+$ /9 '(:( *(,$*'$*%( 49* 0i% '( Y 39*$%7 J$ #/,(*V(/+#M/ ,(04*$/$ (% +*"+#$-c N -9% *$/89% '( 09*,$-#'$' #/+*(0(/,$/ +"$/'9 %( 4*9-9/8$ (- ,#(049 (/,*( -$ 4(*19*$+#M/ N -$ #/,(*V(/+#M/ p"#*X*8#+$7 J$% $-,(*$+#9/(% (/ ((%,$'9 0(/,$- (/ -9% 4$+#(/,(% +9/ 1#(:*( ,#19#'($ 3$/ %#'9 $%9+#$'$% +9/ "/ $-,9 *$/89 '( 09*,$-#'$'w 8(/(*$-0(/,( 4*(%(/,$/ '(-#*#9c 9:/":#-$+#M/ N *$*$0(/,( +90$7 J9% 4$+#(/,(% +9/ 1#(:*( ,#19#'($ N +$0:#9% (/ (- (%,$'9 0(/,$-c +$*$+,(*#S$'9 49* '(-#*#9c 9:/":#-$+#M/ N (%,"49* '(:(/ %(* #/0('#$,$0(/,( (V$-"$'9% 49* -$ %9%4(+3$ '( 0(/#/8#,#%c +9/ "/ (;$0(/ '( -.p"#'9 +(1$-9**$p".'(97 F,*$% +904-#+$+#9/(% %(V(*$% '9+"0(/,$'$% (/ -9% 4$+#(/,(% +9/ 1#(:*( ,#19#'($ #/+-"N(/2 3(09**$8#$% f+$"%$/,(% '( 0"(*,( *i4#'$ (/ $-8"/9% 4$+#(/,(%gc 3(4$,#,#%c 0#9+$*'#,#%c /("09/.$c +9$8"-$+#M/ #/,*$V$%+"-$* '#%(0#/$'$ f=@?gc ,*90:9+#,94(/#$ N %./'*90( "*U0#+9 3(09-.,#+97 D( *(+90#(/'$ *(1(*#* $- ,(*+(* /#V(- '( $,(/+#M/ $ -9% 4$+#(/,(% +9/ 1#(:*( ,#19#'($ +"$/'9 4*(%(/,(/ -$% %#8"#(/,(% +904-#+$+#9/(%2 o B#r9% +9/ $-,(*$+#9/(% /("*9-M8#+$%c 3(09**$8#$ $ +"$-p"#(* /#V(-c 4(*19*$+#M/ #/,(%,#/$-c 3(4$,#,#% +9/ #/%"1#+#(/+#$ 3(4i,#+$c 0#9+$*'#,#%c =@? N %./'*90( 3(09-.,#+9 "*U0#+9 o A'"-,9% +9/ $-,(*$+#9/(% /("*9-M8#+$% *(1*$+,$*#$% $- ,*$,$0#(/,9c 0#9+$*'#,#%c =@? N %./'*90( 3(09-.,#+9 "*U0#+9 D( *(+90#(/'$ *(1(*(/+#$ $ ,(*+(* /#V(-9% %#8"#(/,(% +$%9%2 o )$+#(/,(% 39%4#,$-#S$'9% p"( 4(*%#%,$/ +9/ 1#(:*( '(%4"U% '( P '.$% '( *(+#:#* ,*$,$0#(/,9 $/,#0#+*9:#$/97 o B#r9% N $'"-,9% +9/ *(+$.'$ '( -$ LLO
×
Report "Medicina Interna - Dr. Prieto"
Your name
Email
Reason
-Select Reason-
Pornographic
Defamatory
Illegal/Unlawful
Spam
Other Terms Of Service Violation
File a copyright complaint
Description
×
Sign In
Email
Password
Remember me
Forgot password?
Sign In
Our partners will collect data and use cookies for ad personalization and measurement.
Learn how we and our ad partner Google, collect and use data
.
Agree & close