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$)(6; ,1)240$6,21 ($' 6+(5( ,15647&6,215 &$4()7//; #86C +0>/< .9381 >23= A366 C9? ,/ +,6/ >9 9:/<+>/ C9?< +::63+8-/ :<9:/<6C //: >2/ 9:/<+>381 +8. +==/7,6C 38=>->398= 38 + =+0/ :6+-/ 0 >2/ +::63+8-/ 3= 13@/8 >9 +89>2/< :/<=98 /8=?2/ +::63+8-/ .9-?7/8>+>398 3= +6=9 38-6?./. 2/-5 >2/ +::63+8-/ +0>/< 0<97 >2/ :+-5+1381 0 3> 2+= =?00/<+8=F :9<> .9 89> -988/-> >2/ +::63+8-/ -98>+-> >2/ 0>/< &+6/= &/<@3-/ +8. :<9@3./ + A<3>>/8 89>303-+>398 90 >2/ .+7+1/ -+?=/.
8(4+($6(' 2,/ %766(4 24 0$4*$4,1( #@/<2/+>/. 936 9< ,?>>/< 7+<1+<38/ -+8 ;?3-56C 3189>/ > 7+C -+?=/ + 032+> C9? 5//: + -98=>+8> A+>-2 A2/8 -995381 099.= A3>2 936 +8. ,?>>/< 8 >2/ /@/8> >2+> >2/ 936 9< ,?>>/< -+>-2/= 03/< >9 :?> 3> 9?> $?> >2/ 03 ;?3-56C ,C -9@/<381 >2/ :+8 A3>2 + -9@/< 9< .3=2 &A3>-2 900 >2/ 29>:6+>/ 22.,1* 75,1* $ 9$6(4 %$6+ 995381 ?=381 + A+>/< ,+>2 38@96@/= -995381 099. 38=3./ + :9> A23-2 3= 38 >?<8 :6+-/.
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9,6&+,1* 6+( +2% 2)) '23= +::63+8-/ -97:63/= A3>2 -?< =+0/>C 398= +8. /6/-><97+18/>3- -97:+>3,363>C 398= "/@/<>2/6/== :/9:6/ A3>2 + 3$&(0$.(4 =29?6. 89> ?=/ >23= +::63+8-/ > 3= 37:9==3,6/ >9 1?+<+8>// >2+> +66 =?-2 ./@3-/= 09?8. 98 >2/ 7+<5/> -97:6C A3>2 -?< =+0/>C 398= +8. /6/-><97+18/>3-97:+>3,363>C 398= +8. >2+> .+81/<9?= 38>/<0/ 9--?< > 3= +6=9 :9==3,6/ >2+> :/9:6/ A3>2 9>2/< >C:/= 90 ./@3-/ =?-2 += + 2/+<381 +3. -9?6. /B:/<3/8-/ =97/ .
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1'7&6,21 &22.,1* '8$16$*(5 2) ,1'7&6,21 &22.,1* 8.?->398 -995381 38@96@/= + <+.3-+6 -2+81/ >9 >2/ ><+.3>398+6 7/>29. 90 2/+>381 += >2/ 2/+> 3= 1/8/<+>/. .36C 38 >2/ :+8 9< >23= 900/<= + 8?7,/< 90 +.@+8>+1/= H 4($6(4 53((' ,1 &22.,1* $1' )4;,1* += >2/ :+8 3= 2/+>/. .36C H ('7&(' (1(4*; &2157036,21 H /($1(4 $1' ($5,(4 62 75( =:36> 099. .9/= 89> ,?<8 += 7?-2 98 >2/ 29, H 22.,1* &21642/ $1' 5$)(6; >2/ 29, =?::63/= 9< -?>= 900 >2/ 2/+> += =998 += >2/ -98><96= +/. '2/ 38.
+(&.,1* 3$15 75,1* $ 0$*1(6 '9 038. 9?> A2/>2/< >2/ :+8= ++,6/ -2/-5 >2+> >2/C +><+->/. >9 + 7+18/> '2/ 7+8?0+->?/ 30 >2/3< :+8= ++,6/ 09< 38.?->398 -995381 "157,6$%/( 3$15 "/@/< ?=/ :+8= 7+./ 0<97 H =>+8.+<. 2312 ;?+63>C =>//6 H 16+== H /+<>2/8A+/<3=>3-= 90 >2/ ,+=/ 90 >2/ :+8 -+8 +00/-> >2/ /@/88/== 90 >2/ -995381 $+8= A23-2 + .300?=381 7+>/<3+6= =?-2 += =+8.
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42*4$00,1* 6+( +2% '23= =/->398 =29A= 29A >9 +.4?=> + 29>:6+>/ '2/ >+,6/ 13@/= >2/ =/>>381= +8. -995381 >37/= 09< @+<39?= .3=2/= 9,6&+,1* 6+( +2% 21 $1' 2)) &A3>-2 >2/ 29, 98 +8. 900 ?=381 >2/ 7+38 =A3>-2 '9 =A3>-2 98 >9?-2 >2/ # =C7,96 '2/ 38.3-+>9< +,9@/ >2/ 7+38 =A3>-2 6312>= ?: '2/ 29, 3= -2 900 >9?-2 >2/ # =C7,96 ?8>36 >2/ 38.3-+>9< +,9@/ >2/ 7+38 =A3>-2 19/= 9?> 66 29>:6+>/= +-2/. 900 '2/ 38.3-+>9< 36 >2/ 29>:6+>/= 2+@/ -996/. .
!2 5(6 $ +($6 5(66,1* '2/ 29, 7?=> ,/ =A3>-2/. 98 '9?-2 >2/ ý =C7,96 >9 =/6/-> >2/ 29>:6+>/ +8. >2/ À =C7,96 09< 29>:6+>/ =/6/->398 6312> ?: 98 >2/ 29>:6+>/ .3=:6+C &63./ C9?< 0381/< +6981 >2/ -98><96 :+8/6 ?8>36 >2/ ./=3 =/>>381 +::/+<= 98 >2/ 29>:6+>/ .3=:6+C +$1*,1* 6+( +($6 5(66,1* &/6/-> >2/ 29>:6+>/ +8. =/> >2/ ./=3>381 98 >2/ -98><96 :+8/6 !2 59,6&+ 2)) 6+( +263/$6( &/6/-> >2/ 29>:6+>/ +8. =/> >9 #$41,1* '2/ =/6/->/.
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2+81381 >2/ 2/+> =/>>381 &/6/-> >2/ 06/B3,6/ D98/ ,C :2/ =C7,96 þ +8. -2+81/ >2/ 2/+> =/>>381 ?=381 >2/ :<91<+77381 D98/ !2 $'' $126+(4 3,(&( 2) &22.9$4( $2/ =C7,96 þ =9 >2+> >2/ -995A+/->/. !2 '($&6,8$6( &/> >9 !2 75( 6+( <21( $5 692 5(3$4$6( +263/$6(5 21&( $*$,1 $2/ =C7,96= -9<9 98/ 90 >2/ >A9 D98/= 7+5381 ?: >2/ 06/B3,6/ D98/ '2/ 06/B3,6/ D98/ 3= >?<8/. 900 +8. 9:/<+>/= 98-/ 79A9 38./:/8.
!+( 29(4%2256 71&6,21 '2/ $9A/<,99=> 0?8->398 -+8 ,/ ?=/. >9 2/+> 099. 792+8 2/+> =/>>381 9 (564,&6,215 9+(1 75,1* '2/ $9A/<,99=> 0?8->398 7+C ,/ ?=/. 09< +66 29>:6+>/= :<9@3./. >2+> >2/ 9>2/< 29>:6+>/ 38 >2/ =+7/ 1<9?: 3= 89> =A3>-2/. 98 =// 031?2/2/ .3=:6+C -9<9 >2/ =/6/->/. 29>:6+>/ +8.
!,0(4 )71&6,21 '23= 0?8->398 -+8 ,/ ?=/. 38 >A9 .300/ A+C= >9 =A3>-2 + 29>:6+>/ 900 +?>97+>3-+66C += + -995381 >37/< 7620$6,& 6,0(4 *9? -+8 ?=/ >23= 0?8->398 >9 : + -995381 >37/ 09< +66 29>:6+>/= +-2 >37/ + 29>:6+>/ 3= =A3>-2/. 98 >2/ :/. -995381 >37/ >2/8 -9?8>= .9A8 )2/8 >2/ -995381 >37/ 2+= /6+:=/. >2/ 29>:6+>/ =A3>-2/= 900 +?>97+>3-+66C *9? -+8 038.
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,6&+(1 6,0(4 *9? -+8 ?=/ >2/ 53>-2/8 >37/< >9 =/> + >37/ 90 ?: >9 738?>/= > 8= 38./:/8./8>6C 90 +66 >2/ 9>2/< =/>>381= (66,1* 342&('74( '9?-2 >2/ 0 =C7,96 /.6C ?8>36 >2/ U 38.3-+>9< 09< >2/ 53>-2/8 >37/< 6312>= ?: 6312>= ?: 38 >2/ >37/< .3=:6+C &/> >2/ 37/ 98 >2/ -98><96 :+8/6 '2/ >37/< =>+<>= -9?8>381 .9A8 +0>/< + 0/A =/-98.= #+(1 6+( &22.,1* 6,0( +$5 (/$35(' =318+6 =9?8.= 98-/ >2/ >37/ 2+= /6+:=/. 6312>= ?: 38 >2/ >37/< .3=:6+C '2/ U 38.
21642/ 3$1(/ 3$75( 0 C9? A3:/ 9@/< >2/ -98><96 :+8/6 A236/ >2/ 29, 3= =A3>-2/. 98 =/>>381= 7+C ,/ +6>/ >23= 0<97 2+::/8381 C9?< 29, 2+= + -98><96 :+8/6 :+?=/ '9?-2 >2/ Ã =C7,96 =318+6 =9?8.= '2/ -98><96 :+8/6 3= 69-5/. 09< =/-98.= *9? -+8 89A A3:/ 9@/< >2/ -98><96 :+8/6 A3>29?> +6>/<381 +8C =/>>381= '2/ 7+38 =A3>-2 3= /B-6?./. 0<97 >2/ -98><96 :+8/6 :+?=/ 0?8->398 *9? -+8 =A3>-2 900 >2/ 29, +> +8C >37/ 26( $5,& 5(66,1*5 *9?< +::63+8-/ 2+= @+<39?= ,+=3- =/>>381= *9? -+8 +.
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