C^pqPq^oqMi^k
Q>?IBLC@LKQBKQP .+ Fkqolar`qflk + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + . /+ Rkabopq^kafkdqebKbba + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + . 0+ AbÛkfkdVlroTev + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + / 1+ PbqqfkdVlroDl^ip + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + 0 2+ ?rfiafkdVlroClrka^qflk+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + 1 3+ KrslSfbMolar`qLsbosfbt+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + 2 4+ QebKrslSfbMobpbkq^qflk+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + 3 5+ KrslSfbÏVlrCfopqÐ@ljmbkp^qflkMi^k + + + + + + + + + + + + + + + + + + + + + + + + 3 6+ 0-A^vMi^klc>`qflk+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + +.4 .-+ Obplro`bp ^+JbjlovGlddbo+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + .5 _+ Qlm/-@rpqljboMolpmb`qIfpq+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + .6 `+ Qlm/-F?LMolpmb`qIfpq+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + /-
/
FKQOLAR@QFLK Tbi`ljbVlroab`fpflkqlglfkKrslSfb`lriatbii_bqebjlpqmfslq^i^kajb^kfkdcriab`fpflkvlre^sb bsboj^ab Vlr^ilkbtfiiab`fabqebibsbilcpr``bppqe^qvlr^qq^fktfqeKrslSfb+Qebob^obkl^oqfÛ`f^i obnrfobjbkqpclopr``bpp)pr`e^pcloj^ibar`^qflk)bumbofbk`blopl`f^ipq^qrp+Qeblkiv^_plirqb ifjfq^qflkplkvlro^_fifqvql^`efbsbpr``bpp^obvlroabpfob^katfiifkdkbppqltloh`lkpfpqbkqivqlt^oa vlrodl^ip QebKrslSfbC^pqPq^oqmoldo^jfp_^pbarmlkmolsbk`lk`bmqp^ka^`qfsfqfbpqe^qe^sb_bbkpeltkql tlohCliiltqebmi^k^pfqfpi^falrq)ifpqbkqlvlropmlkplo^kaalkÒqqovqlob*fksbkqqebtebbiVlrtfii _b^j^wba^qeltnrf`hivvlrtfiiob^ifwb)^kabu`bbavlrodl^ip^ka^pmfo^qflkp ?bclobtbbumilobqebqefkdpvlrjrpqe^sbqlpr``bbafkqebKrslSfb?rpfkbpp)ibqÒpdllsbopljb `ljjlkjfp`lk`bmqflkp^_lrqte^qvlrkbbaqlpr``bba
VLRALKÒQKBBAÍ
¢ ¢ ¢ ¢ ¢
>Cloj^iBar`^qflk P^ibp,J^ohbqfkdBumbofbk`b ?rpfkbpp,>``lrkqfkdBumbofbk`b >mmols^icoljCofbkaploC^jfiv >ÏQvmb>ÐMboplk^ifqv
VLRALKBBAÍ
¢ ¢ ¢ ¢ ¢
>@ljjfqjbkqqlTlohqebMi^k Ql?bTfiifkdqlFksbpq^Ob^plk^_ib>jlrkqlcQfjb >kLsbotebijfkdÏTevÐqlPr``bba Ql?b@l^`e^_ib QlDfsbVlropbic^C^fo@e^k`b
RKABOPQ>KAFKDQEBKBBA Lrotloiafpc^`fkdqtlpboflrp^kapmb`fÛ``e^iibkdbp Cfopq)abpmfqbqeb^as^k`bplcqb`eklildv^kajlabokjbaf`fkb)lro_lafbp^kalroeb^iqe^obc^`fkderdb ^pp^riqp_vmllokrqofqflk)mevpf`^i^kabjlqflk^ipqobpp)bksfolkjbkq^imliirqflk^kafk^`qfsbifcbpqvibp+ Qebpblkpi^rdeqpe^sb_b`ljbjlobmobs^ibkq^kaa^kdbolrplsboqebm^pqcbtvb^op+Lroeb^iqefp_bfkd ^qq^`hba)fk`ob^pfkdlroprp`bmqf_fifqvqlafpb^pb^kabsbkmobj^qrobab^qe Qebmltbo^kab`^`vlcKrslSfbÒpp`fbkqfÛ`^iivmolsbkmolar`qp`^kklqlkivebimvlr^iibsf^qbqeb buqbok^ipqobpplopqe^q`lkqfkr^iiv^qq^`hvlroeb^iqe8_rq`^k^iplebimvlrcbbi_bqqbo^kaifsb_bqqbo) bkglvfkdifcbqlqebcriibpq Pb`lkaiv)qebb`lkljf`i^kap`^mbfp`e^kdfkdnrf`hiv^kaao^j^qf`^iivcloqebtlopbQebÛk^k`f^i pqo^qbdvlclrom^obkqp^kado^kam^obkqp*tloh1-vb^op^kabkglv^`lomlo^qbivmolsfabaobqfobjbkq*fp klilkdboobibs^kqlobsbkcb^pf_ibTbjrpqq^hbjlobmboplk^iobpmlkpf_fifqvclolroÛk^k`f^icrqrobp ^ka^c^ojlob^`qfsbolibfkj^k^dfkdqebj Qeb^kptboclojlpqlcrpfpqlÏabsbilmjriqfmibpqob^jplcfk`ljbÐ^pÛk^k`f^ifkpro^k`bclolropbisbp ^kalroc^jfifbp+Fctbilpblrogl_pqljloolt)^pjfiiflkp^obalfkd^`olppqebtloia)tb`^kÒqgrpqpq^oq^ _rpfkbpp^kaobmi^`bqe^qfk`ljblsbokfdeqÆ?v_rfiafkd^KrslSfb_rpfkbpp)^kaebimfkdlqebopalqeb p^jb)vlrtfii_bdfkql`ob^qb^aafqflk^iobsbkrbqlprmmibjbkqvlrobufpqfkdfk`ljb)loobmi^`bfq)fcvlr prbopljbÛk^k`f^i`^q^pqolmeb)lopfjmivabpfobqebcobbaljqe^qtlohfkdclovlropbicmolsfabp+
.
KrslSfbprmmifbpqeb^kptbopqlqebqtljlpqmobppfkdfpprbptbc^`b8qeblkpi^rdeqlcc^`qlopkbd^qfsbiv ^b`qfkdlroeb^iqe^kaqebÛk^k`f^i`e^iibkdbplc^`e^kdfkdb`lkljv+Qebpb`obqql`e^kdfkdqeb ifsbplcqelpbvlr`^ob^_lrqfppfjmivpe^ofkdqebKrslSfbpqlov^kalmmloqrkfqvtfqeqebj+Vlr`^kÒq j^hb^ab`fpflkclolqebop8vlroobpmlkpf_fifqvbkaptfqepe^ofkdvlroqbpqfjlkv+?rqkbsboq^hbqe^q obpmlkpf_fifqvifdeqivVlrkbsbohkltteltfiipbbqeblmmloqrkfqv^kaq^hb^as^kq^dblcfq+
ABCFKFKDVLROTEV >pfkafsfar^ip)tb^ob^iiao^tkqlqebKrslSfblmmloqrkfqvclo^s^ofbqvlcob^plkp+Vlrj^vkbba^k ^aafqflk^i!0--*!2--^jlkqeqlprmmibjbkqvlroc^jfivfk`ljb)m^vclovlro`efiaobkÒpbar`^qflk) t^kqqlq^hb^s^`^qflk8vlrj^vt^kqqlobmi^`b^crii*qfjbfk`ljbloebimlqebop^`efbsbpr``bpp+?rq obd^oaibpplcte^qvlroÏTevÐfp)fqfp`ofqf`^iqlfabkqfcvfq^ka^it^vpobjbj_bote^q_olrdeqvlrebob Lro`^ibka^op^obÛiibatfqeq^php^kaobpmlkpf_fifqfbpqe^qlsbotebijlroa^fivifsbp+Klkblcrpkbba jlobÏqefkdpÐ^aabaqllroa^fivp`ebaribp+Qebi^pqqefkd^kvlcrpkbba^objlobqefkdplklroa^fivÏQl AlIfpqÐ+Vbq)tb^it^vpÛkaqfjbcloqebqefkdptbqoriv_bifbsb^obfjmloq^kqalkÒqtb<Illh^q^kvlkbÒp p`ebariblo`^ibka^o^kavlrtfiinrf`hivpbbtebobefploeboeb^oqifbp Cl`rplkte^q_olrdeqvlrebobÆQe^qfpte^qtfiij^hbvlrpr``bppcri+FcvlroÏTevÐfp_fdbklrde) klqefkdtfii_b^_ibqlafsboqvlrcolj^``ljmifpefkdvlrodl^iptfqeKrslSfb+AlkÒqibqafpqo^`qflkpdbq fkqebt^vlcvlroaob^jp^kadl^ipÍvlroabpfobqlpr``bba^kamolpmbo >kfk`lksbkfbkqqorqefpqe^qklqbsbovlkbvlrhklt^kailsbtfiirkabopq^kaloprmmloqvlroaob^jpclo pr``bpp+J^kvlcqelpbtfiiklqrkabopq^katevvlr^obmroprfkdqefplmmloqrkfqv+Fqj^v_b_b`^rpblc fdklo^k`blojfpfkcloj^qflklkqebfom^oq)lomboe^mpjlobifhbiv)qebfork`lkp`flrpabpfobqlhbbmvlr lkm^otfqefkefploebob`lkljf`lopl`f^iibsbi+Tebkfkafsfar^ipÛkapfdkfÛ`^kqpr``bpp)qebv`^k e^sbkbtfkqbobpqpqe^q^obklqpe^oba_vlqebopfkqebfoifsbp+ Ï?bt^obqebAob^jPqb^ibopÐ Tebkqebmblmibvlrobpmb`qp^vqefkdpifhbÏQefpfpqefplkblcqelpbmvo^jfaqefkdpfpkÒqfqÐ<Lo) ÏBsbovlkbilpbpjlkbvfkqebpb`ljm^kfbpÐLo)ÏVlr^obpr`e^aob^jbo+@ljb_^`hqlob^ifqvÐ)vlr kbbaqlobjbj_bovlroÏTevÐCl`rpfkdlktevvlr_bd^kqefpglrokbvtfiivlrpq^vlkqo^`harofkd qebpbqfjbptebklqebopj^valr_q+>pvlrdoltmboplk^iiv^kaÛk^k`f^iivtfqeKrslSfb)pljbqefkd ^j^wfkde^mmbkpÆVlrtfiijbbqlqeboptelpe^obvlroaob^jp^ka^pmfo^qflkp^qKrslSfbQelpbkbt obi^qflkpefmptfiiebimifcqvlrqlqebkbuqibsbi^kaebim`bjbkqvlro`ljjfqjbkq^pvlr^`efbsb^ka bu`bbavlroaob^jp^kadl^ip Al`rjbkqVlroÏTevÐ Tofqblrqqebcrka^jbkq^iob^plkpvlrt^kqqle^sb^Pr``bppcriKrslSfb?rpfkbpp
/
PBQQFKDVLRODL>IP Lk`bvlre^sbbpq^_ifpeba^ka`i^ofÛbavlroÏTevÐ)vlrkbba^mi^kql^`efbsbfq+Dl^ip^obklqs^drb aob^jp)ifhb_bfkdfkabmbkabkq)tb^iqevlopr``bppcri+Dl^ip^ob`ib^oivabÛkba)pmb`fÛ`^kajb^pro^_ib bsbkqp+>pbu^jmibp)^dl^itlria_bÍqlb^ok^jlkqeiv`ljjfppflk`eb`hlc!.)---loql^`efbsb^ `boq^fko^khtfqefk0-a^vplc_bdfkkfkdvlroKrslSfb_rpfkbpp+ Dl^ipjrpqjbbq2Pmb`fÛ`@ofqbof^ .+ Pmb`fÛ`*Vlrjrpqe^sb^`ib^orkabopq^kafkdlcte^qvlrt^kqql^`efbsb+ /+Jb^pro^_ib*Qlhklttebkvlrodl^ifp^`efbsba)vlrjfdeqp^v)ÏFt^kqqlb^ok!2)---mbojlkqe coljjvKrslSfb?rpfkbpp+Ð 0+Mi^kkba*Tebkvlrfabkqfcvdl^ipqe^q^objlpqfjmloq^kqqlvlr)vlrjrpqe^sb^ob^ifpqf`mi^kql ^`efbsbqebj+Vlromi^ktfii_bvlrool^aj^m+Vlr`^kabsbilmphfiip)^kaÛk^k`f^i`^m^`fqvqlob^`e qebj)_rqqebve^sbql_bob^plk^_iv`boq^fk+Vlr`^k^qq^fkjlpq^kvdl^ivlrpbqtebkvlrmi^kvlro pqbmptfpbiv^kabpq^_ifpe^qfjbco^jbqe^q^iiltpvlrql`^oovlrqqelpbpqbmp+Dl^ipqe^qj^ve^sb pbbjba^ob^iÏpqobq`eÐ`^kbsbkqr^iiv_b`ljb^qq^fk^_ib)klq_b`^rpbvlrodl^ippeofkh)_rq_b`^rpb vlro^_fifqvqlob^`eqebjdolt^pvlral+Tebkvlral`rjbkqvlrodl^ip)qebv_b`ljbob^i+Vlrpbb vlropbic^_ibql^`efbsbqebpbdl^ip)^kaabsbilmqeb^_fifqfbp^kaphfiipqe^q^iiltvlrqljbbqqebj+ 1+Ob^ifpqf`*Ql_bob^ifpqf`)^dl^ijrpqobmobpbkq^kl_gb`qfsbqlt^oatef`evlr^ob_lqetfiifkd^ka^_ib qltloh+Pr``bppcrimblmibalqelpbqefkdpqe^qrkpr``bppcrimblmibobcrpbqlal+Bumb`qqebjlpqcolj vlropbic^kae^sbqeb`lkÛabk`bvlrtfii^`efbsbfq+
2+Qfjb*pmb`fÛ`*Dl^ip^obaob^jptfqe^ab^aifkb+?vmrqqfkdpmb`fÛ``ljmibqflka^qbplkvlrodl^ip) vlr^obabj^kafkd^`qflkcoljvlropbictfqefk^`boq^fkqfjbmbofla+Clobu^jmib7ÏFtfiifksfqb2 mblmibql^KrslSfb`lkcbobk`b`^iibsbovtbbh+ÐDl^ippelria_babÛkbaclopeloqqboj)ibppqe^k6- a^vp)^kailkdqboj)lsbo6-a^vp+Fab^iivvlropeloqqbojdl^ippelriaprmmloqqebilkdboqbojlkbp+ Clobu^jmib)fcvlroilkdqbojdl^ifpql^`efbsb^`boq^fkobpfar^ifk`ljb)peloqboqbojdl^ipjfdeq _bmboplk^iivbkoliifkd^`boq^fkkrj_bolckbtF?Lpb^`e0-a^vmbofla)lodoltfkdvlro lod^kfw^qflk^islirjb_vUU"mbojlkqeclo0jlkqep+ Q^hb^cbtjfkrqbpqlifpqvlroqlm0ilkdqbojdl^ip)qebkifpqqebpeloqqbojdl^ipvlrtlriakbbaql ^``ljmifpeqebilkdqbojdl^ip+ FabkqfcvJvPmb`fÛ`Dl^ip IlkdQboj .+ /+ 0+ PeloqDl^ipqlPrmmloqJvIlkdQbojDl^ip .+
^+
_+
`+
0
/+
^+
_+
`+
0+
^+
_+
`+
?RFIAFKDVLROCLRKA>QFLK Qebclrka^qflklcvlrolod^kfw^qflktfii`lkpfpqlcvlrormifkbib^abopefm)vlropmlkplo)vlr^kaqeb mblmibtfqeteljvlr`ellpbqltloh+Qebhbvmlfkq_bfkd)qebmblmibtfqeteljvlr`ellpbqltloh+ Lkblcqebdob^qbpq^as^kq^dbpqlltkfkdvlroltk_rpfkbppfppmbkafkdmolcbppflk^i^kapl`f^iqfjb tfqeqelpbvlrbkglvQebvtfii^ii_bKrslSfbF?Lp)j^hfkdqebfoltkab`fpflkp)_rqvlr^obdlfkdql _rfiavlroKrslSfb_rpfkbppqldbqebo>dolrmlcfkafsfar^ipqe^q^obcl`rpbalk^`ljjlkdl^ifpc^o jlobbb`qfsbqe^k^k^pploqjbkqlcfkafsfar^ip+ ?rfiafkd^afob`qp^ibp_rpfkbppfpklqb^pv^kaobnrfobp^ilqlcbloq+Qovfkdqldlfq^ilkbfpklqlkiv fkbb`qfsb)fqfpao^fkfkd+Tbt^kqvlrql_rfiavlro_rpfkbppqebpj^oqt^vLkblcqebjlpq`ljjlk ob^plkpmblmib^obklqbu`fqba^_lrqpq^oqfkd^_rpfkbppfpqebcb^olcalfkdfq^ilkb+Qe^qtfiikbsbo_b ^mol_ibj^qKrslSfb
1
QEBKRSLSFBMOLAR@QLSBOSFBT FKPMFOBA?VQEBJBAFQBOO>KB>KAFBQ Qebeb^oq*eb^iqevJbafqboo^kb^kafbqe^pilkdfjmobppbamevpf`f^kptfqefqpbjme^pfplkeb^iqevc^qp) Mlivmebklip)corfqp^kasbdbq^_ibp+Krsl@^oaflt^pabsbilmbatfqeqebpb_bkbÛqpfkjfka+ Qebpb`obqfp^dolrmlcfkdobafbkqp`^iibaMlivmebklip+Qebpbk^qro^iivl``roofkd`ljmlrkap^ob `lkpfaboba_vbumboqpql_b`efbÜvobpmlkpf_ibcloiltbofk`fabk`bo^qblc`^oafls^p`ri^oafpb^pb fkqebJbafqboo^kb^kmlmri^qflk+Fqe^p_bbkm^oqqebJbafqboo^kb^kafbqcloqelrp^kaplcvb^op+ Qla^v)Mlivmebklip^obefdeivs^irbacloqebfokrqofqflk^i^kaqebfo^_fifqvqlebimj^fkq^fkeb^iqe `elibpqboliibsbip+
QEBJ>DF@LCMLIVMEBKLIP7 Tbiihkltk^katbiipqrafbaMlivmebklip^kalqeboCi^slklfapfk`irafkdLibrolmfbk)Evaoluvqvolpli ^kaObpsbo^qoli^obhkltkqle^sb^kqflufa^kq`^m^`fqfbp^ijlpq.--"lcdobbkqb^buqo^`q^ka1--" efdeboqe^kSfq^jfk@+ Mlivmebklip^obbpmb`f^iivdllacloqebEB>OQ+ Mlivmebkliof`e`ljmlrkape^sbpeltkqlobar`bilt*abkpfqv*ifmlmolqbfk%IAI&loilrpv`elibpqboli+ Obpb^o`ee^pclrkaqe^qqebpb`ljmlrkapiltbo_illamobpprob^kafk`ob^pb_illaÜlt_vobi^ufkdqeb ^oqbofbp+ Mlivmebkliof`e`ljmlrkape^o_lo^kqflufa^kqmolmboqfbpqe^qebimmolqb`qqeb`lkqfkrlrp^`qfsfqvlc cobbo^af`^ip+Cobbo^af`^ip^obefdeivob^`qfsb`ebjf`^ipr_pq^k`bqe^q)tebklufafwba`^k`^rpb`biiri^o a^j^db)fcibcqrk`eb`hba+
QEBOBPSBO>QOLIPQLOV7 Obpsbo^qoli)^`ljmlrkaclrkai^odbivfkqebphfklcobado^mb)fp^`ljmlkbkqlcHl*Gl*Hlk+ Obpsbo^qoli`^jbqlp`fbkqfÛ`^qqbkqflklkivob`bkqiv)^p^mlppf_ibbumi^k^qflklcqebÏCobk`eM^o^aluÐ+ Qebiltfk`fabk`blceb^oqafpb^pb^jlkdpqqebCobk`emblmib)telb^q^obi^qfsbivefdec^qafbq+ Obpsbo^qolifp^Mevql^ibufk)^`i^pplc`ljmlrkapmolar`ba^pm^oqlc^mi^kqÒpabcbkpbpvpqbj ^d^fkpqafpb^pb+ Tbe^sbq^hbkqebbppbk`blcobatfkb^ka`lj_fkbafqtfqelqebomltbocriMlivmebklipql`ob^qb^dlia pq^ka^oakrqo^`brqf`^imolar`q Te^qpbqpKrsl@^oafl^m^oq<Te^qj^hbpfqvlrok^qro^i)`^oafls^p`ri^oprmmibjbkqlc`elf`b< Krsl@^oafl`lkq^fkp^molmofbq^ov_ibkalcMlivmebklip^kaObpsbo^qoli+ Tbpq^oqtfqe^efdeivpbib`qplro`blcMlivmebklipabofsbacoljqeb_bpqpmb`fbplclifsbqobbp+ Mrqpfjmiv)Krsl@^oafl`lkq^fkpqebÛkbpqMlivmebkliplkb^oqe+ KrslSfbbjmilvp^kfkkls^qfsbmol`bppqlqo^kpclojqebbppbk`blcqebJbafqboo^kb^kafbqfkql Krsl@^oafl)rpfkdqebefdebpqpq^ka^oapfkj^krc^`qrofkd^kanr^ifqv`lkqoli+ >k^qro^i^kap^cbt^vqlk^qro^iivlmqfjfwbvlro`^oafls^p`ri^oeb^iqe^kadbkbo^itbiikbpp)absbilmba _v^qb^jlceb^iqe`^obmolcbppflk^i^kaib^afkdp`fbkqfpqp)j^krc^`qrobafk^DJMc^`fifqvtfqeqeb efdebpqibsbilcnr^ifqv`lkqoli+ Pe^obqeb_bkbÛqplcKrsl@^oafltfqebsbovlkbvlr`^ob^_lrq
2
QEBKRSLSFBMOBPBKQ>QFLK ?bprobqlobcboqlvlroKrslSfbF?LObplro`b@Aql^``bppqebKrslSfbLmmloqrkfqvMobpbkq^qflk+Fqfp molsfabafk^Jf`olplcqMltboMlfkqcloj^qqe^q^iiltpvlrqlrpbfq^p^pifabmobpbkq^qflk)lomofkqlrq pebbqpclo^_fkabomobpbkq^qflk+ Qebjlpqfjmloq^kqqefkdqlobjbj_bofpqe^qKrslSfbobnrfobpvlrqlcliiltqebcloj^qlcqebÏl`f^iÐ mobpbkq^qflkqlbkprobrkfclojfqv^ka`ljmif^k`btfqeobdri^qlovobnrfobjbkqp+VlralkÒqe^sbqlob* fksbkqqebtebbiTbe^sbmolsfabavlrtfqe^k^j^wfkdivbb`qfsb^kab^pvqlrpbmobpbkq^qflk+
VLRCFOPQ@LJMBKP>QFLKMI>K Ltkfkd^ka_rfiafkdvlroKrslSfb_rpfkbpp_bdfkptfqepbib`qfkdlkblcqeb0lmqflk^iKrslSfb_rpfkbpp hfqp+Qeb`elf`bpelria_baofsbk_vte^qvlrt^kqql^``ljmifpe^kaeltpboflrpvlr^ob^_lrqdoltfkd vlro_rpfkbpp+B^`ehfqlboppmb`fÛ`^as^kq^dbp^kab^`e`^kmolsfabvlrtfqeqebsbef`ibql^`efbsb vlromolcbppflk^idl^ip+>pvlrpe^obqebKrslSfblmmloqrkfqvtfqelqebop)ebimqebjbu^jfkbqeb afbobkqlmqflkp^kapbib`qqeblkbqe^q_bpq^aaobppbpefploebodl^ip+
DLLA F?L?rpfkbppHfqÍ!16+66 Qefphfqfk`irabp^iilcqeb_^pf`qllipvlrkbbaql_b`ljb^KrslSfbF?L+Fq`lkq^fkp_^pf`p^ibp ^kaj^ohbqfkdqllip)^ptbii^pqefpC^pqPq^oqJ^kr^i+Qebob^obklmolar`qpfk`iraba+
?BQQBO F?LTfkkbopHfq*!.66+66 Fk`irabpF?LPr``bppHfq^ka0Krsl*@^oafl3-m^`hp+Vlrklqlkivob`bfsbvlro_^pf`p^ibp^ka j^ohbqfkdqllip)_rqbnr^iivfjmloq^kqivvlrob`bfsb0m^`hplcKrsl*@^oafl+Qefpmolsfabpvlr tfqe^jfkfjrj^jlrkqlcmolar`qclovlroltkmboplk^i`lkprjmqflk)p^jmibplomolar`qql obq^ficlofk`ljb+
?BPQ F?LPr``bppHfq*!066+66 Fk`irabpF?L?rpfkbppHfq)3Krsl*@^oafl3-m^`hp).KrslSfbLmmloqrkfqv?ol`erob/2m^`h). KrslSfbMolar`q?ol`erob/2m^`h)/KrslSfbFj^db?llhibq.-m^`hp)/KrslSfbPqlov>rafl@A .-m^`hp+Qefpfpqeblmqfj^im^`h^dbcloqelpbpboflrp^_lrq_rfiafkd^pfdkfÛ`^kq_rpfkbpp^ka fk`ljbfjjbaf^qbivQebKrslSfbPr``bppHfq^iplfk`irabp^dob^qbokrj_bolcmolsbkKrslSfb p^ibp^kaj^ohbqfkdqllip)`ofqf`^iclope^ofkdqeblmmloqrkfqv^kamolar`qtfqemolpmb`qfsb `rpqljbop^kaF?Lp+ Qefphfq^ipl`lkq^fkpbklrde?Sql^rqlj^qf`^iivnr^ifcvvlr^p^k>`qfsbF?L8^pq^qrp`ofqf`^i qlvlrofk`ljbmolar`fkdmlqbkqf^iQefptfii_bcroqeboafp`rppbafkqebKrslSfb@ljmbkp^qflk Mi^kpb`qflk+
3
ABCFKFQFLKP >`qfsbFkabmbkabkq?rpfkbppLtkbo
>kFkabmbkabkq?rpfkbppLtkbofpabbjbaql_b^`qfsbfceblopebe^pm^faqeb`roobkqvb^oÒpobkbt^i cbb^kajbbqpefploebojfkfjrjMS^kamboplk^i`rpqljboobnrfobjbkq+
>rqlPefm >rqlPelmloabop^obob`roofkdloaboplcmolar`qppbib`qba_vqebFkabmbkabkq?rpfkbppLtkboql_b ^rqlj^qf`^iivpefmmbab^`ejlkqe+Qeb?S^kamboplk^i`rpqljboobnrfobjbkqpclo^`efbsfkd^k >`qfsbpq^qrp^obobar`batebkjbqqeolrde^rqlpefmloabop+
?lkrpSlirjb%?S&
?lkrpSlirjb%?S&fpqeb`ljjfppflk^_ibs^irb^ppfdkbaql^iinr^ifcvfkdKrslSfbmolar`qp+?Sj^v) loj^vklqbnr^qbafob`qivqlqebtelibp^ibmof`blcqebmolar`qlomolar`qp+?Sfpbfqebo`^qbdlofwba^p Mboplk^iSlirjb%MS&loDolrmSlirjb%DS&+
?lkrpSlirjb@^oovLsbo
Qeb?Sb^okbafkqebtb^hibd)_rqklqm^falrqfk^tbbhiv`ljjfppflktbbh)tfii_bs^ofbaclot^oa clo^iiFkabmbkabkq?rpfkbppLtkboptelj^fkq^fkefploebopq^qrp^p^O^kh/Fkabmbkabkq ?rpfkbppLtkbo+
?lkrpSlirjbCirpe
Fkabmbkabkq?rpfkbppLtkboptelalklqj^fkq^fkefploebopq^qrp^p^O^kh/Fkabmbkabkq ?rpfkbppLtkboarofkd^`^ibka^ojlkqetfiie^sb^kv?lkrpSlirjb@^oovLsbofkefploebotb^h ibdÜrpeba^qqebbkalcqe^q`^ibka^ojlkqe+QebFkabmbkabkq?rpfkbppLtkboj^v_bdfkql^``orb ?Sclo`ljmbkp^qflkmromlpbprmlkob*nr^ifcvfkd^p^O^kh/Fkabmbkabkq?rpfkbppLtkbo+
@^o?lkrp
>pmb`f^ijlkqeiv_lkrpm^faqlnr^ifÛbaFkabmbkabkq?rpfkbppLtkbop+Qefp_lkrpe^ppmb`fÛ` obnrfobjbkqpclonr^ifÛbaFkabmbkabkq?rpfkbppLtkbop`lk`bokfkdqeb^db^kaqvmblcsbef`ibpqe^q nr^ifcvcloqefpmoldo^j+
C^pqPq^oq?lkrp
>tbbhiv_lkrpm^facloqebp^iblc`boq^fkmolar`q_rkaibp+
Clro@rpqljboOrib
>iiKrslSfbFkabmbkabkq?rpfkbppLtkbopjrpqe^sb^jfkfjrjlc1mboplk^i`rpqljbopb^`e `^ibka^ojlkqefkloaboqlnr^ifcvclo`ljmbkp^qflk+Qeb`rpqljbopj^v_bbfqeboObq^filoMobcbooba @rpqljbop)lo^`lj_fk^qflkqeboblc+QebClro@rpqljbooribtfii_bobar`baqlQeobb%0&fc^ii0 `rpqljbop^obMobcbooba@rpqljbop+
Cobnrbk`vlcM^v
Tbbhiv
Obq^fi@ljjfppflk)Mobcbooba@rpqljboMof`bAfbobkqf^i)C^pqPq^oq)Pqbm^ka J^q`efkd?lkrpbp
Jlkqeiv @^o?lkrp)S^`^qflk?lkrp^kaBub`rqfsbMlli?lkrp
DolrmSlirjb%DS&
>ii?S`ob^qba_vqebmro`e^pblcmolar`q_vqebFkabmbkabkq?rpfkbppLtkboÒpbkqfobqb^j+Qeb Fkabmbkabkq?rpfkbppLtkboÒpMSfpfk`irabafkefploeboDS+
Jfkfjrj@eb`hFppr^k`b>jlrkqÍ@eb`hMol`bppfkdCbb
!/2+--*!/+--mbo`eb`h
4
J^q`efkd?lkrp
>jlkqeiv_lkrpm^falkqebpqbm_lkrpbpb^okba_vvlromboplk^iivbkoliibaFkabmbkabkq ?rpfkbppLtkbop)
M^vjbkq@roobk`v
>ii`ljjfppflk,_lkrpm^vjbkqp^obm^fafkRPalii^op
Mboplk^i@rpqljbop >jfkfjrjlc1mboplk^i`rpqljboloabopmbom^vmbofla^obobnrfoba+>j^kr^ibkqovlcqeb `rpqljbop^ka^ppl`f^qbaloabop^obobnrfoba)rkibppqeb`rpqljbofp^m^oqf`fm^kqfkqebMobcbooba @rpqljbomoldo^j+
Qeb1mboplk^i`rpqljboobnrfobjbkqfpobar`baql0fcqeb`rpqljbop^ob^`qfsbfkqebMobcbooba @rpqljboMoldo^j+
Mboplk^iSlirjb%MS& >ii?S`ob^qba_vqebfkafsfar^iFkabmbkabkq?rpfkbppLtkbopmolar`qmro`e^pbp)tebqeboclo mboplk^irpbloobp^ib)^ptbii^pqe^qlcefploeboMobcbooba@rpqljbop+ Mobcbooba@rpqljbo Obq^fi`rpqljbop)klqbifdf_ibclom^oqf`fm^qflkfkqebKrslSfb`ljmbkp^qflkMi^k)telglfkqeb lmqflk^iMobcbooba@rpqljboMoldo^j`ljjfqql^jfkfjrjjlkqeiv^rqlpefmlc2-?S+Qeb `rpqljbobkglvp^.2"afp`lrkqlkqebmolar`qpfk`irabafkefploebojlkqeiv^rqlpefmloabo+
Nr^ifÛbaFkabmbkabkq?rpfkbppLtkbo >kFkabmbkabkq?rpfkbppLtkbojrpqmolar`b.2-MS)lo.--MSlkmboplk^i^rql*pefm^kae^sb^ jfkfjrjlc/mboplk^iivbkoliiba)^`qfsbFkabmbkabkq?rpfkbppLtkbopfkpbm^o^qbibdp^qqebbkalc qebjlkqeivnr^ifÛ`^qflkmbofla+
Pqbm >pqbmfp^`ljmibqflklc^jfkfjrjlc6--?S`ob^qbacoljqebmro`e^pblcmolar`qp+Qeb?Sjrpq _b_^i^k`bafk^.,0Í/,0pmifq_bqtbbkqebFkabmbkabkq?rpfkbppLtkboÒpqtlmofj^ov_fk^ovibdpql `ob^qb^pqbm+ Pqbm?lkrp >tbbhiv_lkrpm^facloqeb`ljmibqflklcb^`eÏPqbmÐ^pabÛkba^_lsb+Qeb_lkrpfp`ljmrqba^q 4+2"lcqebpqbmqlq^i%3--?S,0--?S&lo6--?S+
4-"@^m Qebj^ufjrjm^vlrqlc`ljmbkp^qflktfii_bifjfqbaql4-"lcqebqlq^i?Sfk^kvdfsbk`^ibka^o jlkqe+Fkqebbsbkqqeb`^i`ri^qbam^vlrqbu`bbap4-")qeblsbo^dbtfii_bobar`bamolmloqflk^iiv colj^iiFkabmbkabkq?rpfkbppLtkbo`eb`hp_bdfkkfkdtfqeqebÛopq`eb`hlcqebJlkqecliiltfkd qeblsbo^db+ KrslSfbcriivob`ldkfwbpqe^qlro`ljm^kvfplkiv^pmolÛq^_ib^kabb`qfsb^plroFkabmbkabkq ?rpfkbppLtkboÛbiaclo`b>``loafkdiv)tbe^sbabsbilmbalro`ljmbkp^qflkmi^kqlobt^oa^ka ob`ldkfwblroFkabmbkabkq?rpfkbppLtkbopcloqebfoe^oatloh^kaabaf`^qflk+ Tb^ob`ljjfqqbaqlmolsfafkdqebjlpqir`o^qfsb^kaarmif`^q^_ib`ljmbkp^qflkm^`h^db^s^fi^_ib ^kvtebobVlrtfiibkglvfjjbaf^qbfk`ljb^ptbii^p^pfdkfÛ`^kqilkdqbojobpfar^ifk`ljb lmmloqrkfqv)ifjfqbalkiv_vvlrobloqp^kaqebpfwblcvlroaob^jp
5
5T>VPQLB>OK>QKRSLSFB OBQ>FIP>IBP Qebclrka^qflklcvlro_rpfkbpptfii^it^vp_bp^ibplclromolar`qpqlbkarpbo`rpqljbop+>p^nr^ifÛba Fkabmbkabkq?rpfkbppLtkbovlrtfiibkglvqeb_bkbÛqlcmro`e^pfkdmolar`qp^qdob^qtelibp^ibmof`bp ^kae^sbqeb^_fifqvqlpbqvlroltkobq^fimof`fkd+Vlrhbbmqebafbobk`b^pfjjbaf^qbmolÛqKl t^fqfkdclom^va^v
MOBCBOOBA@RPQLJBO?LKRP QebKrslSfbMobcbooba@rpqljboMoldo^jlbopqobjbkalrp^as^kq^dbpqlvlr^kavlro`rpqljbop+Qeb `rpqljbo)_v^dobbfkdql^jlkqeiv^rqlj^qf`loabo)ob`bfsbp^.2"afp`lrkqllclromr_ifpebaobq^fi mof`fkd+Vlrtfiiob`bfsb^_lkrpbnr^iql2"lcqebmr_ifpebaobq^fimof`blcb^`emolar`qloaboba_vvlro Mobcbooba@rpqljbop Vlrtfii^ipl_bkbÛqcoljobar`ba_lkrpnr^ifÛ`^qflkptebkvlrd^qebo^kaj^fkq^fkgrpqqeobbKrslSfb mobcbooba`rpqljbopQeb_fddbpq^as^kq^dbclovlrfpqe^qtbal^iiqebtlohÆTb`liib`qqebm^vjbkq) pefmqebmolar`qp^kapbkavlr^`eb`hbsbovtbbh+
C>PQPQ>OQ?LKRP >qKrslSfbtb^ob`ljjfqqbaqlobt^oafkdqelpbtelebimlqeboppr``bba+LroC^pqPq^oq?lkrpbp ^obm^fatbbhivclobsbovGrjmPq^oqMolar`qhfqvlrpbii+Qebpbpmb`f^iivabpfdkbahfqpmolsfabkbt Fkabmbkabkq?rpfkbppLtkboptfqe^s^ofbqvlclromolar`qpcloobp^ib)abjlkpqo^qflklop^jmifkd mromlpbp)^ka^q^pr_pq^kqf^iafp`lrkq+ DbqkbtFkabmbkabkq?rpfkbppLtkboppq^oqbalofdeq)tfqeqebmolar`qp^kaj^qbof^ipqebvtfiikbbaql ebimbkprobqebfopr``bpp+Qebvtfiiqe^khvlr^kavlro_rpfkbpptfiidolt^q^krk_bifbs^_ibo^qb
GrjmPq^oqM^`h
C^pqPq^oq?lkrp
KrslSfbTfkkboHfq
!2-+--
KrslSfbPr``bppHfq
!./2+--
6
PQBMQB>J?LKRP QebPqbmQb^j?lkrpfpqeb_^`h_lkblcqebKrslSfb`ljmbkp^qflkmi^k+>p^kbtKrslSfbFkabmbkabkq ?rpfkbppLtkbo)vlrtfii_bdfk_vd^qebofkdObq^fi^kaMobcbooba@rpqljbop)tefib_rfiafkd^k lod^kfw^qflklclqeboifhbjfkabaFkabmbkabkq?rpfkbppLtkbop+Tebkmolar`qfpjlsbaqeolrdelrq vlrodoltfkdlod^kfw^qflk)bsbovlkbmolÛqp>iiKrslSfbmolar`qpe^sb?lkrpSlirjb%?S&^ppfdkbaql qebj+Qefpfpqebs^irb^ppfdkbaql`ljmrqb`ljmbkp^qflkcloqebp^ibplcqebpbfqbjp+>pqebpbmolar`qp ^ob_lrdeq)plia^kariqfj^qbiv`lkprjba)bsbovlkbtelm^oqf`fm^qbpfkjlsfkdqebmolar`qpe^pqeb lmmloqrkfqvql_bobt^oabacloefploebom^oqlcqebmol`bpp+ QebPqbmQb^j?lkrpfp_^pbarmlkqebclrka^qflk^i`lk`bmqlcqb^jtloh+Vlrtfii_bdfkql_rfiavlro qb^j_vmboplk^iivfkqolar`fkd^kabkoliifkdqtlnr^ifÛbaFkabmbkabkq?rpfkbppLtkbop+Lkbfpmi^`ba ^pvlroofdeqqb^jjbj_bo^kaqeblqebo_b`ljbpvlroibcqqb^jjbj_bo+
>pvlr^aa^aafqflk^iFkabmbkabkq?rpfkbppLtkbopqlvlrolod^kfw^qflk)vlrtfiimi^`bqebjfkbfqebo vlroofdeqloibcqibd)rkabolkblcvlrolofdfk^iofdeqloibcqqb^jjbj_bop+Qeb_fk^ov`ljmbkp^qflk mi^k^iiltplkivqtlFkabmbkabkq?rpfkbppLtkbopql_bmi^`baafob`qivrkabo^kvm^oqf`ri^oqb^j jbj_bo+Qefpjb^kpqe^q^kvkbtFkabmbkabkq?rpfkbppLtkbopbkoliiba_vvlropmlkploj^v_bmi^`ba fkvlroqb^j^ptbiiVlroqb^jtfiidoltcoljqebbloqplcqelpbtelfkqolar`bavlrqlKrslSfb)^ptbii ^pqebbloqplcvlr^kavlroqb^jjbj_bop
.-
Qebbkqfob?S`ob^qba_vvlrobkqfoblod^kfw^qflkfp`^i`ri^qbatbbhiv+Lk`bvlroqb^je^p`ob^qbalkiv 6--?S)tfqe^jfkfjrjlc.,0%0--?S&fkvlrotb^hboibd^ka/,0%3--?S&fkvlropqolkdboibd)vlr e^sb`ljmibqba^ÏPqbmÐ+QefpPqbmtfiimolar`b^Pqbm?lkrplc4+2"lcqebqlq^ipqbmslirjb%6--?S&+ Lk`bqeb?lkrpfpm^fa)qeb?SfpÜrpebacoljvlro^``lrkq+>kvobj^fkfkd?Sqe^qe^pklqvbqob^`eba qebPqbmm^vjbkqqeobpeliatfiiobj^fkfkvlro^``lrkq^pilkd^pvlrj^fkq^fk^k>`qfsbFkabmbkabkq ?rpfkbppLtkbopq^qrp+ >pvlr`ob^qb?Sqeolrdelrqvlrolod^kfw^qflk)vlrtfii`lkqfkrbql`ob^qbPqbm?lkrpm^vjbkqp+>pvlr ob^`e^jfkfjrjibsbilc0--?Sfkvlrotb^hibd^ka3--?Sfkvlropqolkdibd)^aafqflk^iPqbm?lkrpbp ^obm^fa+ Vlrtfiie^sbqeb^_fifqvql`ob^qbrkifjfqbaPqbm?lkrpm^vjbkqp^pvlrolod^kfw^qflkdoltp+Qebjlob KrslSfbmolar`qpqe^q^objlsbaqeolrdevlrolod^kfw^qflk)obd^oaibpplceltc^oobjlsbacoljvlr mboplk^iiv)qebjlobjlkbvvlrtfiij^hb
..
J>Q@EFKD?LKRP KrslSfblbop^mltbocri^aafqflk^it^vqlb^okpfdkfÛ`^kqfk`ljb+>pvlrdoltvlrolod^kfw^qflk_v mboplk^iivbkoliifkdFkabmbkabkq?rpfkbppLtkbop)vlr`^k^iplm^oqf`fm^qbafob`qivfkqebfopr``bpp Lk`bvlrnr^ifcv^p^Afob`qlo)Vlrtfiiob`bfsbcolj2"ql/-"lcqebqlq^iPqbm?lkrpm^vjbkqb^okba _vbsbovpfkdibFkabmbkabkq?rpfkbppLtkbovlrmboplk^iivfkqolar`b^kabkoliifkqlvlroKrslSfb lod^kfw^qflk
Nr^ifÛbaO^kh
J^q`efkdMbo`bkq^db
Afob`qlo
2"
?olkwb
.-"
Pfisbo
.2"
Dlia^ka^_lsb
/-"
IB>ABO@>O?LKRP KrslSfblbop^ir`o^qfsb@^o?lkrpclonr^ifÛbaFkabmbkabkq?rpfkbppLtkbop+Vlr`^kb^okcolj !2--*!/)---^jlkqeqlm^vclo^kvnr^ifcvfkd`^o)_l^q)^fomi^kbloOSQefp_lkrpfpm^falsbo^ka ^_lsb^iiqeblqeboKrslSfb`ljmbkp^qflkmi^k`ljmlkbkqpIbqrpÛk^k`bqebifcbpqvibvlrabpfob_v ebimfkdvlrdbqfkqlqeb`^ovlre^sb^it^vpaob^jbalcltkfkd
JlkqeivPqbmp@ljmibqba
@^o?lkrp
3-
!2--+--
6-
!42-+--
./-
!.)---+--
.2-
!.)/2-+--
.4-
!.)2--+--
/--
!/)---+--
S>@>QFLK?LKRP >iiKrslSfbFkabmbkabkq?rpfkbppLtkbopqe^qnr^ifcv^p^PfisboF?Lloefdeboob`bfsb^jlkqeiv s^`^qflk_lkrplcrmql!0)---^jlkqeRpbfqclo^jlkqeivdbq^t^v)lop^sbrmpbsbo^ijlkqepqlq^hb qe^qqofmlc^ifcbqfjb+BkglvqebcobbaljKrslSfblbop^kapbbqebtloia
./
Nr^ifÛbaO^kh
?lkrp
Pfisbo
!.)2--+--
Dlia
!/)---+--
Mi^qfkrj
!/)2--+--
Af^jlka
!0)---+--
BUB@RQFSB?LKRPMLLI >ii^`qfsbKrslSfbFkabmbkabkq?rpfkbppLtkbop)telnr^ifcv^pMi^qfkrj)loefdebo)j^vm^oqf`fm^qbfk qebBub`rqfsb?lkrpMlli+Qefpmllifp`ljmofpbalc/"lcqlq^iKrslSfbmolar`q?S+Pe^obp^obb^okba _^pbarmlkqebq^_ib_bilt+Qefp^iiltpvlrqlb^oklqebbloqplcqebbkqfob`ljm^kv)klqgrpqvlro ltklod^kfw^qflk
Nr^ifÛbaO^kh
Pe^obpB^okba
Mi^qfkrj
/
Af^jlka
2
>aafqflk^ipe^obpj^v_bb^okba_vebimfkdlqebopfkvlrolod^kfw^qflk+Qebpe^obp^obb^okbacloqeb pr``bpplcvlromboplk^iivbkoliibaKrslSfbFkabmbkabkq?rpfkbppLtkbop+Vlrtfiib^ok^aafqflk^i pe^obpclob^`elcvlromboplk^iivbkoliibaFkabmbkabkq?rpfkbppLtkbopqe^qnr^ifcv^qqebo^khpifpqba fkqebq^_ib_bilt+
Mboplk^iivBkoliiba Nr^ifÛbaO^kh
>aafqflk^iPe^obpB^okba
?olkwb
+/2
Pfisbo
+2-
Dlia
.
Mi^qfkrj
.+2
Af^jlka
0
.0
O>KHNR>IFCF@>QFLKP F?L Fkfqf^inr^ifÛ`^qflk
Mro`e^pbFkabmbkabkq?rpfkbppLtkbohfq
J^fkqbk^k`bnr^ifÛ`^qflk
M^v^kkr^iobkbt^icbb
?bkbÛqp
B^okObq^fi^kaMobcbooba@rpqljbo?lkrpbp)mro`e^pbmolar`qp^q telibp^ib
NR>IFCFBAF?L Fkfqf^inr^ifÛ`^qflk
F?Lfkdllapq^kafkd)mirp^lkbqfjb`rjri^qfsbjfkfjrjlc/--MS
J^fkqbk^k`bnr^ifÛ`^qflk
M^v^kkr^iobkbt^icbb)mirp.2-?Sjlkqeiv%Obq^fi)M@)Telibp^ib&)lo j^fkq^fk^mboplk^i^rqlpefmlc^jfkfjrjlc.--?S
?bkbÛqp
B^okObq^fi)Mobcbooba@rpqljbo)C^pqPq^oq^kaQb^jPqbm?lkrpbp+ Mro`e^pbmolar`qp^qtelibp^ib
PRMBOSFPLO Fkfqf^inr^ifÛ`^qflk
Nr^ifÛbaF?Lfkdllapq^kafkd)mboplk^iivbkolii/Nr^ifÛbaF?Lp)mirp `ljmibqb^jfkfjrjlc/pqbmpfk^pfkdibjlkqe^kaj^fkq^fk^qlq^ilc /F?Lp)tfqe^jfkfjrjlc.fkb^`epbm^o^qbibd+
J^fkqbk^k`bnr^ifÛ`^qflk
M^v^kkr^iobkbt^icbb)mirp.2-?Sjlkqeiv%Obq^fi)M@)Telibp^ib&)lo j^fkq^fk^mboplk^i^rqlpefmlc^jfkfjrjlc.--?S+J^fkq^fk^ jfkfjrjlc/Nr^ifÛbaF?Lp)tfqe^jfkfjrjlc.fkb^`epbm^o^qbibd+
?bkbÛqp
B^okObq^fi)Mobcbooba@rpqljbo)C^pqPq^oq^kaQb^jPqbm?lkrpbp+ Mro`e^pbmolar`qp^qtelibp^ib
J>K>DBO Fkfqf^inr^ifÛ`^qflk
Prmbosfplofkdllapq^kafkd)mirp`ljmibqb^jfkfjrjlc2pqbmpfk^ pfkdibjlkqe)mboplk^iivbkolii^kaj^fkq^fk^qlq^ilc1Nr^ifÛbaF?Lp) tfqe^jfkfjrjlc.fkb^`epbm^o^qbibd+
J^fkqbk^k`bnr^ifÛ`^qflk
M^v^kkr^iobkbt^icbb)mirp.2-?Sjlkqeiv%Obq^fi)M@)Telibp^ib&)lo j^fkq^fk^mboplk^i^rqlpefmlc^jfkfjrjlc.--?S)j^fkq^fk^ jfkfjrjlc^qlq^ilc1mboplk^iivbkoliibaNr^ifÛbaF?Lp)tfqe^ jfkfjrjlc.fkb^`epbm^o^qbibd+
?bkbÛqp
B^okObq^fi)Mobcbooba@rpqljbo)C^pqPq^oq^kaQb^jPqbm?lkrpbp+ Mro`e^pbmolar`qp^qtelibp^ib
AFOB@QLO
.1
Fkfqf^inr^ifÛ`^qflk
J^k^dbofkdllapq^kafkd)`ljmibqb^jfkfjrjlc.2pqbmpfk^pfkdib jlkqe)mboplk^iivbkolii^kaj^fkq^fk^qlq^ilc3Nr^ifÛbaF?Lp)tfqe ^jfkfjrjlc.fkb^`epbm^o^qbibd)mirp`ob^qb^klod^kfw^qflk `lkq^fkfkd^jfkfjrjlc/2Nr^ifÛbaF?Lp)loefdebo)fkvlrobkqfob lod^kfw^qflkarofkdqeb`roobkqjlkqe
J^fkqbk^k`bnr^ifÛ`^qflk
M^v^kkr^iobkbt^icbb)`ob^qb^jfkfjrjlc.2-?Sjlkqeiv%Obq^fi)M@) Telibp^ib&)loj^fkq^fk^mboplk^i^rqlpefmlc^jfkfjrjlc.--?S) mboplk^iivbkolii^kaj^fkq^fk^qlq^ilc3Nr^ifÛbaF?Lp)tfqe^jfkfjrj lc.fkb^`epbm^o^qbibd)mirpj^fkq^fk^jfkfjrjlc/-^`qfsbF?Lp)lo efdebo)fkvlrobkqfoblod^kfw^qflkarofkdqeb`roobkqjlkqe
?bkbÛqp
B^okObq^fi)Mobcbooba@rpqljbo)C^pqPq^oq)Qb^jPqbm^kaJ^q`efkd ?lkrpbp+Mro`e^pbmolar`qp^qtelibp^ib
?OLKWB Fkfqf^inr^ifÛ`^qflk
Afob`qlofkdllapq^kafkd)`ljmibqb^jfkfjrjlc02pqbmpfk^pfkdib jlkqe)mboplk^iivbkolii^kaj^fkq^fk^qlq^ilc5Nr^ifÛbaF?Lp)tfqe ^jfkfjrjlc.fkb^`epbm^o^qbibd)mirp`ob^qb^klod^kfw^qflk `lkq^fkfkd^jfkfjrjlc1nr^ifÛbaJ^k^dbo)loefdebo)Fkabmbkabkq ?rpfkbppLtkbopfkvlrobkqfoblod^kfw^qflkarofkdqeb`roobkqjlkqe
J^fkqbk^k`bnr^ifÛ`^qflk
M^v^kkr^iobkbt^icbb)`ob^qb^jfkfjrjlc.2-?Sjlkqeiv%Obq^fi)M@) Telibp^ib&)loj^fkq^fk^mboplk^i^rqlpefmlc^jfkfjrjlc.--?S) mboplk^iivbkolii^kaj^fkq^fk^qlq^ilc5Nr^ifÛbaF?Lp)tfqe^ jfkfjrjlc.fkb^`epbm^o^qbbd)mirpj^fkq^fk^jfkfjrjlc1 nr^ifÛbaJ^k^dboFkabmbkabkq?rpfkbppLtkbop)loefdebo)fkvlro bkqfoblod^kfw^qflkarofkdqeb`roobkqjlkqe
?bkbÛqp
B^okObq^fi)Mobcbooba@rpqljbo)C^pqPq^oq)Qb^jPqbm^kaJ^q`efkd ?lkrpbp+Mro`e^pbmolar`qp^qtelibp^ib
PFISBO Fkfqf^inr^ifÛ`^qflk
?olkwbfkdllapq^kafkd)`ljmibqb^jfkfjrjlc3-pqbmpfk^pfkdib jlkqe)mirp`ob^qb^jfkfjrjlc/?olkwbFkabmbkabkq?rpfkbpp Ltkbop)loefdebo)tfqe^jfkfjrjlc.fkb^`epbm^o^qbibd+
J^fkqbk^k`bnr^ifÛ`^qflk
M^v^kkr^iobkbt^icbb)`ob^qb^jfkfjrjlc.2-?Sjlkqeiv%Obq^fi) M@)Telibp^ib&)loj^fkq^fk^mboplk^i^rqlpefmlc^jfkfjrjlc.-- ?S)mirp^j^fkq^fkjfkfjrjlc/nr^ifÛba?olkwbFkabmbkabkq ?rpfkbppLtkbop)loefdebo)tfqe^jfkfjrjlc.fkb^`epbm^o^qbibd+
?bkbÛqp
B^okObq^fi)Mobcbooba@rpqljbo)C^pqPq^oq)Qb^jPqbm)@^o)J^q`efkd ^kaS^`^qflk?lkrpbp+Mro`e^pbmolar`qp^qtelibp^ib
DLIA Fkfqf^inr^ifÛ`^qflk
PfisboF?Lfkdllapq^kafkd)`ljmibqb^jfkfjrjlc.2-pqbmpfk^pfkdib jlkqe)mirp`ob^qb^jfkfjrjlc3nr^ifÛba?olkwbFkabmbkabkq ?rpfkbppLtkbop)tfqe^jfkfjrjlc.fkb^`epbm^o^qbibd+
J^fkqbk^k`bnr^ifÛ`^qflk
M^v^kkr^iobkbt^icbb)`ob^qb^jfkfjrjlc.2-?Sjlkqeiv%Obq^fi)M@) Telibp^ib&)loj^fkq^fk^mboplk^i^rqlpefmlc^jfkfjrjlc.--?S) j^fkq^fk^jfkfjrj3nr^ifÛba?olkwbFkabmbkabkq?rpfkbppLtkbop) loefdebo)tfqe^jfkfjrjlc.fkb^`epbm^o^qbibd+
?bkbÛqp
B^okObq^fi)Mobcbooba@rpqljbo)C^pqPq^oq)Qb^jPqbm)@^o)S^`^qflk^ka J^q`efkd?lkrpbp+Mro`e^pbmolar`qp^qtelibp^ib
MI>QFKRJ Fkfqf^inr^ifÛ`^qflk
Dliafkdllapq^kafkd)`ljmibqb^jfkfjrjlc/2-pqbmpfk^pfkdib jlkqe)mirp`ob^qb^jfkfjrjlc/nr^ifÛbaDliaFkabmbkabkq?rpfkbpp Ltkbop)loefdebo)tfqe^jfkfjrjlc.fkb^`epbm^o^qbibd+
J^fkqbk^k`bnr^ifÛ`^qflk
M^v^kkr^iobkbt^icbb)`ob^qb^jfkfjrjlc.2-?Sjlkqeiv%Obq^fi) M@)Telibp^ib&)loj^fkq^fk^mboplk^i^rqlpefmlc^jfkfjrjlc.--?S) mirp^j^fkq^fkjfkfjrjlc/nr^ifÛbaDliaFkabmbkabkq?rpfkbpp Ltkbop)tfqe^jfkfjrjlc.fkb^`epbm^o^qbibd+
.2
?bkbÛqp
B^okObq^fi)Mobcbooba@rpqljbo)C^pqPq^oq)Qb^jPqbm)@^o)S^`^qflk) J^q`efkd?lkrpbp)MIRPqebBub`rqfsb?lkrpMlli+Mro`e^pbmolar`qp ^qtelibp^ib
AF>JLKA Fkfqf^inr^ifÛ`^qflk
Mi^qfkrjfkdllapq^kafkd)`ljmibqb^jfkfjrjlc0--pqbmpfk^pfkdib jlkqe)mirp`ob^qb^jfkfjrjlc/nr^ifÛbaMi^qfkrjFkabmbkabkq ?rpfkbppLtkbop)tfqe^jfkfjrjlc.fkb^`epbm^o^qbibd+
J^fkqbk^k`bnr^ifÛ`^qflk
M^v^kkr^iobkbt^icbb)`ob^qb^jfkfjrjlc.2-?Sjlkqeiv%Obq^fi) M@)Telibp^ib&)loj^fkq^fk^mboplk^i^rqlpefmlc^jfkfjrjlc.--?S) mirp^j^fkq^fkjfkfjrjlc/nr^ifÛbaMi^qfkrjFkabmbkabkq?rpfkbpp Ltkbop)tfqe^jfkfjrjlc.fkb^`epbm^o^qbibd+
?bkbÛqp
B^okObq^fi)Mobcbooba@rpqljbo)C^pqPq^oq)Qb^jPqbm)@^o)S^`^qflk) J^q`efkd?lkrpbp)MIRPqebBub`rqfsb?lkrpMlli+Mro`e^pbmolar`qp ^qtelibp^ib
@LKDO>QRI>QFLKPFK>AS>K@BFK>PVLR>@EFBSBEFDEBOO>KHP>QKRSLSFB ALKÒQIFJFQVLROPBIC>@QKLT>KAPBQVLRODL>IPEFDE
.3
0-A>VMI>KLC>@QFLK A^v.
¢ ¢ ¢ ¢ ¢
Pbq*rmvlroKrslSfbJ^ohbqfkdTb_m^db LoabovlroKrslSfbRkfÛbaJbpp^dfkdPvpqbj @ljmibqb)pfdk^kac^uvlroF?L^mmif`^qflkqlKrslSfb Pbq*rmvlrojfkfjrj.--?S^rqlpefmloabo ?b`ljb^molar`qlcqebmolar`qPq^oqrpfkdKrslSfbmolar`qpqla^v
A^v/*4
¢ ¢ ¢ ¢ ¢
P`ebarib^c^`bqlc^`bjbbqfkdtfqevlroPmlkplo LoabovlroKrslSfbj^ohbqfkdqllip @ljmibqbvlroJbjlovGlddboBubo`fpb @ljmibqbvlroqlm/-molpmb`qifpq M^oqf`fm^qbfk^jfkfjrjlc/KrslSfb`lkcbobk`b`^iip
A^vp5Í.2
¢ ¢ ¢ ¢
P`ebarib^jfkfjrjlc/c^`bqlc^`bmobpbkq^qflkp)tfqevlropmlkplomobpbkqfkdclovlr M^oqf`fm^qbfk^jfkfjrjlc/KrslSfb`lkcbobk`b`^iip Fksfqb^jfkfjrjlc2molpmb`qpqlKrslSfb`lkcbobk`b`^iip Pe^ob^jfkfjrjlc2KrslSfb>rafl@Ap
A^vp.3Í/0
¢ ¢ ¢ ¢
P`ebarib^jfkfjrjlc/c^`bqlc^`bmobpbkq^qflkp)tfqevlropmlkplomobpbkqfkdclovlr M^oqf`fm^qbfk^jfkfjrjlc/KrslSfb`lkcbobk`b`^iip Fksfqb^jfkfjrjlc2molpmb`qpqlKrslSfb`lkcbobk`b`^iip Pe^ob^jfkfjrjlc2KrslSfb>rafl@Ap
A^vp/0Í0
¢ ¢ ¢ ¢
P`ebarib^jfkfjrjlc/c^`bqlc^`bmobpbkq^qflkp)tfqevlropmlkplomobpbkqfkdclovlr M^oqf`fm^qbfk^jfkfjrjlc/KrslSfb`lkcbobk`b`^iip Fksfqb^jfkfjrjlc2molpmb`qpqlKrslSfb`lkcbobk`b`^iip Pe^ob^jfkfjrjlc2KrslSfb>rafl@Ap
.4
JBJLOVGLDDBO
?RPFKBPP
@LJJRKFQV
Pr``bbabafkKbqtlohJ^ohbqfkd Bkqobmobkbrof^ijfkaba AfakÒqdbqte^qqebvt^kqbafkKbqtlohJ^ohbqfkd Bu*_lppbp Fkpro^k`bP^ibpmblmib Il`^i_rpfkbppltkbop ?rpfkbpp,Jlkbvjlqfs^qba P^sba?rpfkbpp@^oap Telt^kqpjlobjlkbv Ltkpqebfoltk_rpfkbpp
?^khqbiibop @^op^ibpmblmib Abkqfpqpvlrhklt Alslirkqbbotloh Al`qlopvlrhklt Mfww^abifsbovaofsbop Ob^iBpq^qb^dbkqp Vlro^``lrkq^kq Vlro_^o_bo,e^fopqvifpq Vlro`efiaobkÒpqb^`ebop Vlrobib`qof`f^k Vlrokbfde_lop Ifsbpkb^ovlr Obpq^ro^kqpbosbop Tlohlk`^op Qo^sbi^dbkqp Dol`bov`eb`hbop Fkqebjfifq^ov @ero`eJbj_bop Jloqd^dbMolcbppflk^ip Mblmib^qvlroeb^iqe`ir_
DBKBO>I ?^_v?lljbop ?rv_lqqibat^qbo ?rvprmmibjbkqp @lk`bokbatfqe^dfkd C^pqcllatlohbop Ebim^kaprmmloqvlr Fkqltbiikbpp Kbbap^kbuqo^!2--,jlkqe Lkvlroelifa^v`^oaifpq Lsbo*tbfdeqmblmib Mblmibvlrjbq^q^m^oqv Ob^appbic*ebim_llhp Obqfobamblmibvlrhklt Qebifcblcqebm^oqv Vlroj^kf`rofpq Rke^mmv^qqebfogl_ T^kqqldllk^s^`^qflk Bkglvpebimfkdmblmib Pljblkbvlrobpmb`q Pl`f^ikbqtlohbop Kbbap,t^kqp^kbt`^o E^p_bbkpr``bppcrifkifcb Eb^iqe`lkp`flrp Tlohpjriqfmibgl_p Bubo`fpbpobdri^oiv Ilpqqebfogl_ >qofphlcilpfkdqebfoeljb
P@ELLI @liibdbCofbkap ClojboQb^`ebop MblmibfkqebMQL,MQ> Mblmibtfqe`efiaobkfk@liibdb
.5
COFBKAP Cofbkapcolj^s^`^qflk Cofbkapcolj`liibdb Cofbkapcoljefdep`elli Liaolljj^qbp Vlromboplk^ijbkqlo
C>JFIV BuqbkabaC^jfiv PmlrpbÒpc^jfiv M^obkqp
VLROQLM/-@RPQLJBOIFPQ K^jb)Qbibmelkb ^kaBj^fi .+ /+ 0+ 1+ 2+ 3+ 4+ 5+ 6+ .-+ ..+ ./+ .0+
.1+ .2+ .3+ .4+ .5+ .6+
/-+
VLROQLM/-F?LMOLPMB@QIFPQ K^jb)Qbibmelkb ^kaBj^fi .+ /+ 0+ 1+ 2+ 3+ 4+ 5+ 6+ .-+ ..+ ./+ .0+ .1+ .2+ .3+ .4+ .5+ .6+
/-+
.6
0404JfkdlOl^a)Prfqb.-1) Abkqlk)Qbu^p43/-5 Qbi+%61-&565*.0.0 C^u7%61-&565*-500 Bj^fi7prmmloq=krslsfb+`lj
ttt+krslsfb+`lj