ABCADEFGHEIEJKLEAMLNOLPLQERLQESTC
DQUEGGV
WXYZ[EP\ERKLE]POPQMZ^L
_ZNE6YN[E7NLK8L9 EFG HIFJKLKG MNG OPQMRG STUTVG WMI...
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ABCADEFGHEIEJKLEAMLNOLPLQERLQESTC
DQUEGGV
WXYZ[EP\ERKLE]POPQMZ^L
_ZNE6YN[E7NLK8L9 EFG HIFJKLKG MNG OPQMRG STUTVG WMIG IXYFJKIMZIXZIG O[FIMXLXZIQFIY\[XHG \]MFJKIX OYRLXG[XZGFIMXIXG^IR_IQXGL[_GZIQGIMXIXG[XZGOXYM`EaGNMYGFIMXIXGaYQIMYbQc_YIXGL[_ ZIQGLXZIQIXGaIMYIGHMXHGdeIQQLFJKIXZGL[FVGWMIGfgXGZIXGhgFNgbQLYIXGfIQLXRLiYI jIQeLXX[XHGfgXGOXYM`EaG][QZIGHIHIXFYLXZFRgFkGZIXXGL[FGlmeeIbMXHG[XZGOXYM` EaG IXYFYLXZG IMXG XI[IFG a[PIQ]IFIXkG ZLFG KMX_gQYG L[_G ZIQG aIMYIG ZIFG ngFMYMfIX LHMIQYV WMIGXI[IGaLJKRLHIGMFYGc[iIQFYGYQmFYRMJKkG\[NLRGZMIGoKLXJIGeIFYIKYkGZLiGL[JKGMX ZIQGbdXFYRMJKIXGWgPPIRHLRLpMFGqLQF`r`qLQFGX[XGIXZHdRYMHGZIQGsQMIZIGIMXbIKQYVGsdQ OYRLXGtIZgJKGMFYGZMIGaMY[LYMgXGLRRIFGLXZIQIGLRFGQgFMHVGWIQGqIFMY\GZIQGhggQZMXLYIX fgXGjLQXKLHKIQ`uKvXXFYkGgKXIGZMIGIQGXMJKYGZIXGO[_YQLHGZIQGhgFNgbQLYIXGIQ_dRRIX bLXXkG ]MQZG MKNG X[XG Z[QJKG oKveQLMXG fgQIXYKLRYIXVG weG IQG IFG ]MRRG gZIQG XMJKYkG ZIQ OQbgXMZIG]MQZGfIQP_RMJKYIYkGZMIGxLNIXRgFIGygXIGL[_\[F[JKIXV zX\]MFJKIXG FJKQIMeYG NLXG ZIXG O[H[FYG STUTVG {QgY\G ZIQG jIQXMJKY[XHG ZIFG |[Xb` xLeIRFkG ZIFG RIY\YIXG }eIQHLXHFG \]MFJKIXG xgQNLR[XMfIQF[NG [XZG xLNIXRgFIQ ygXIkGHMeYGIFGIMXIGdeIQQLFJKIXZIG~mHRMJKbIMYkGZIXXgJKGMXGZMIFIFGL[NHIeMIYG\[ HIRLXHIXV WMIFIG~mHRMJKbIMYG]MQZGZ[QJKGOYRLXGHIX[Y\YVGy[FLNNIXGNMYGZQIMGj[RX[QIQXGNLJKY IQG IMXIXG IQXI[YIXG jgQFYgiVG WLeIMG IQ]LQYIYG MKXG ZLFG o^OwaG ~G WzE s{qw|EGVVV
DEFGHIJKLKFMNOPFPGQFNGROSIPNT ULVIP ! "#$ %$&'()*# +)$* &'(,-./)#$/0 WXIPYGZ[\GJPQGDMOON ! ")# %/)1!"$)..)(2# *#, 3-.(-$#$,45)66, 789:;<0 W[IME ! =)# ),/ :#2#(,/>(* #)(#$ +#)/#$#( ?'*#,@),)'(0 ]IJ^X ! 8A#$B$)#,/#$ *#$ 3-..&>-2#$0 _MOPNFV ! C>-25, :#2#(,B)#.#$ D #)( EF$#/)$0
12 EFGHIJKLKMNNOFLPIJKLGIOLQORSJKNOLTFGLUOVOFGOFLWOXMKRKOINONY ZNI[\]KMFLPNMFGL^_RLGO`LaTNTRY ERL PJKXIOVbL PcOtNIPJKL XMRNOFGYL uTRL GIOL vINNORFGOFL aSKHORL ^ORRIONOFL POIFO ERROVTFVYL wOIFOL VR_xOFL aMJONNOFMTVOFbL IFL GOFOFL PIJKL GIOL XOFIVOFL UIJKNOR KTFGORNyMJKL PtIOVOHNOFbL WONRMJKNONOFL GIOL PNOIFORFOL wcTHtNTRYL zMPL {W|OcNL XMRL IF ^IOHORHOIL}IFPIJKNLOIFLQOKOI`FIPL_GORLWOPPOR~LOIFLVOKOI`FIP^_HHORLaTFGY FLGORL{QEuLOIPNIORNOFLT`ObLGIOLFTRLPOKRLPOHNOFLWONRONOFLXTRGOFYLEPLVMW OIVOFNHIJKLcOIFOFLQRTFGbLGIOPOFLMWVOHOVOFOFLOROIJKLGOPLwJKIyyOPLMTyvTPTJKOF
GIOL ]OJKFIcL MRWOINONOL vT^ORHPPIVL TFGL WRMTJKNOL FPtOcNI_FOFL FTRL IFL VR_xOF OINMWPNFGOFYL EIFO`L ^MVOFL `tTHPL y_HVOFGbL KMNNOL PIJKLZNI[\]KMFL ^_RL XOFIVOF wNTFGOFLMTyLGIOLwTJKOLFMJKLFIJKNPLOPNI``NO`LVO`MJKNLLTFGLGMWOILGMPLaTNTR VOyTFGOFY zMPLaTNTRLXMRLTRMHNY uIO`MFGL XTxNObL X_KORL OPL PNM``NObL TFGL XORL L MTPL XOHJKOFL QRSFGOFL TFGL vT XOHJKO`L XOJcL L GMPL G_HL MTPL VRMTV_HGOFL VO`MPORNO`bL KOHHWRMTFO`L wNOIF VO`OIxOHNLKMNNOYLzMPLaTNTRLXMRL`MPPIVLTFGLVOGRTFVOFbLONXMLOIFOFLONORLK_JKb MHP_L KMHWL P_L VR_xL XIOL GORL ^THFTRIPJKOL IPPOFPJKMyNHORYL _HHORL uMJKGOFcHIJKcOIN WONRMJKNONOLZNI[\]KMFLPOIFOFLTyMHHPyTFGYLERLORIFFORNOLPIJKLMFLMHHLGIOLPOHNPM`OF TFGLMWORVHTWIPJKOFLERvKHTFVOFbLGIOLORLSWORLGMPLaTNTRLVOKRNLKMNNOYLuIJKNLFTR OR
L MTJKL TFvKHIVOL MFGOROL THFTRORbL GIOL ORPNL XIFvIVOL ]OIHOL IKROP QOPJKIJKNPWOXTxNPOIFPLOFNGOJcNLKMNNOFYLzMWOILXMRLIKFOFL^_FLGOFLw_HMFORFLI` IOPOFPJKIyyLVOK_HyOFLX_RGOFY zMPLaTNTRLYYYLOPLOIPNIORNOFLIFLGOFLwJKIyyOFLOIFOL}MFG^_HHLTHFTRORbLGIObL_KFOLOPLvT cOFFOFbLOPLMHPL}OIHIVNT`L^OROKRNOFY uMNSRHIJKLXSRGOLORLPOIFOFLaTFGLIFLcTRvORLOINLMHHOFLWOcMFFNVOWOFLTFGLvTVFVHIJK `MJKOFYLZWORLF_JKLFIJKNL|ONvNYLERLX_HHNOLOIFOLOIHOL`INLGO`LaTNTRLMHHOIFLPOIFLTFG ^ORPTJKOFbLOIFOFLItyOHLGOPLwJKHOIORPLMTPLGORLORVMFVOFKOINLvTLKOWOFbLGORLGIO wNOIFPcTHtNTRLT`VMWY zMPLaTNTRLNRTVLORc`MHObLGIOLMTJKLGOFLTHFTRORFLOIVOFLXMROF
LaMJONNOFMTVOF TFGL KORMTP`_GOHHIORNOL ZFPNvOL ySRL aSKHORYL ZTJKL GIOL QHIOG`MxOFbL GIOL MFL GOF
RtORLMFVOHOVNLXMROFbLPMKOFLOFNyORFNLXIOLGIOLQOKXORcvOTVOLGORLTHFTRORLMTPY wJK`MHOL QTRNOL `INL RIFVyR`IVOFL wJKHMTyOFL cROTvNOFL PIJKL SWORL GOFL t_HIORNOF ]OIHOFbLGIOLMFLMWPtROIvWMROLaHSVOHLORIFFORNOFLTFGLMFLGIOLVOXHWNOFLKINIFtMFvORY zORL ZTPGRTJcL GOPL PNMRROFL QOPIJKNPL XMRL ^ORPJKH_PPOFL TFGL vTRSJcKMHNOFGbL ^_F OIFORL NIOyOFL OIPKOINL ORySHHNYL zIOL HMPNIcL MTPL PJKXORO`L wNOIFL PNMFGL MTyL OIFOR `ONMHHOFOFL wtOIJKORWMFcbL GIOL PIJKL [TORL SWORL GIOL SJcXMFGL GOPL ^ORVOPPOFOF MT`OPL PtMFFNOYL zMPL UIJKNL ^_FL OIFO`L zTNvOFGL ]IOyPNRMKHORL TFGL OIFIVOF VORIJKNONOFL UM`tOFbL GIOL ZNI[\]KMFL IFPNMFGL VOPONvNL KMNNObL ^ORHIOKL GOR `NK_H_VIPJKOFL QOPNMHNL OIFL PNMRROPbL POHWPNWOXTxNOPL ZTPPOKOFYL `L ZTVOFWHIJc WOyMFGLPIJKLcOIFLw_HMFORLMTyLGORL{QEuYLw_FPNLXSRGOLIKFLZNI[\]KMFLT`LOIFOF MNLVOWONOFLKMWOFYLMPLXMRLvTLNTF uTFbL PMVNOL ZNI[L vTL PIJKL POHWPNbL vTORPNL XORGOL IJKL `OIFOL RSGOR WOFMJKRIJKNIVOFYLZWORL MTJKL PIOL XIPPOFL FIJKNL `OKRL MHPL IJKYLZNI[\{vL TFGLZNI[\ zR__PLWOPJKyNIVNOFLPIJKLOWOFP_L`INLGORLa_RPJKTFVbLGIOLIKFOFLMHHOFLONXMPL`OKR SWORLGIOLORVMFVOFKOINLPMVOFLP_HHNOYL{KFOLGIOL^ORVMFVOFOLOINLvTLcOFFOFbLXMR HMFTFVL ySRL GIOL TcTFyNL FIJKNL `VHIJKYL KROFGL ]KMFL vTRL QOVOFPtROJKMFHMVO VIFVbLXMRyLORLF_JKLOIFOFLHIJcLMTyLGIOLwNMNTOYLONvNLPMKLORLPIOLFIJKNL`OKRLGIROcN ^_FL^_RFbLP_FGORFL^_FLGORLwOINObLMHP_LI`LR_yIHYLZWOR`MHPLyIOHLIK`LGORLZTPGRTJc GOPL aTFGPNSJcPL MTyYL zMPL aTNTRL XIRcNObL MHPL _WL OPL PIJKL `INL KMRNL MFVOPtMFFNOF TPcOHFL TFGL wOKFOFcF_NOFL ^_FL POIFO`L wNMFGtHMNvL PJKFOHHOFL X_HHNOYL zIO UIJKNOyyOcNOL`MJKNOFbLGMxLGORLwNOIFLPIJKLNMNPJKHIJKLvTLWOXOVOFLPJKIOFY ZNI[\]KMFLGRSJcNOL`INLOIFORLwJKOROLGORL_WORPNOFLROJKNOFLEFGVHIOG\MFVOLMTyLGOF c_FcM^LVOy_R`NOFL_FNMcNcF_tyY ZTVOFWHIJcHIJKL cFMJcNOL GORL UMTNPtROJKORYL zIOL UIFPOFL vOIVNOFL GOFL HIJcL IFL GOF ZRWOINPRMT`LGORLvXOILMFGOROFLRSGORY {v«L zR__P«L RIOyL ORL MTyVOROVNYL _``NL P_y_RNL KORYL JKL KMWOL OIFOF MTyPOKOFORROVOFGOFLaTFGLVO`MJKNY QOWTRNLGORLUIJKN[TOHHO«LPJKFMRRNOLZNI[\zR__PLvTRSJcYLERLXMRLGORLM`LXOFIVPNOF OGJKNIVOL GORL zRIHHIFVO
L OIFL GRMTyVFVORIPJKORL THFTRORbL GOPPOFL ZcNI_FOF _yN`MHPL POIFOL OIVOFOFL QOGMFcOFL SWORK_HNOFYL zTL PNRPNYL TKROF«L PJKRIO ]KMFYL {v«L uI``L TFPOROFL RTGORL TFGL PJKHOttOL IKFL KIORKORYL wOKNL MTyL GOF IHGPJKIR`Y ERL`MJKNOL`INLPOIFOFLHMFVOFLOIFOFLvXOILwJKRINNOLvTRLwOINOYLERbLGORLZFVOKRIVO GORL GRINNOFL MPNObL XSRGOL MHHOFL ySFyTFGPOJKvIVNMTPOFGL FPMPPOFL GORL wJKIyyOL OIF OVRIyyLPOIFbLOWOFP_LXIOLGMPLaTNTRLySRL|OGOFLOIFLOVRIyyLXMRY
zR__PL TFGL {vL PNMFGOFL MTybL cM`OFL FKORL TFGL PNMRRNOFL MTyL GOFL wJKIR`YL zMP MWVORTFGONOLOJKNOJcLPtIOVOHNOLPIJKLKTFGORNyMJKLIFLGOFLaMJONNOFLIKRORLVR_xOF ZTVOFYLwIOLPMKOFbLvTFJKPNLPJKXOIVOFGbLGMFFLMTyVOROVNLvIRtOFGbLGMxLIKRLRTGOR FIJKNLOIFOLPOIFORLSWHIJKOFLKMFNMPNOROIOFL^_FLPIJKLVMWY ]MNPJKHIJK«LRIOyLZNI[\zR__PYLzMPLTRMHNOLzIFVbL^_FLGO`LFIO`MFGLONXMPLXOIxY _LWIPNLGTLFLXOHJKO`LMT`LIOLc_``OFLXIRLG_RNKIFLX_HHNOL{vLXIPPOFY wOIFOLOGOXOIPOLXMRLOWOFP_LWOGJKNIVLXIOLGIOLZRNLPOIFORL}MFGHTFVOFYLERLXMR FIJKNLP_FGORHIJKLyHOIxIV
LGIOLWOKMRRHIJKOLTKOLPOIFORLQOGMFcOFbLP_LySKRNOLORLPNONP MTPbL yRGORNOL SWORRMPJKOFGOL ERcOFFNFIPPOL vTNMVObL GIOL IFL |OGORL ZRNL ^_FL }OcNIc ^ORcS``ORNOFYLwOIFLRTGORLWOPJKRIOWLGOFLOVL`INLTxORPNORLQOFMTIVcOINY ZNI[\]KMFL TFGL POIFOL WOIGOFL RSGORL XMROFL MFL _RGL MHHORL GROIL wJKIyyOL IFL |OGOR }IFPIJKNL OIFOL wOHNOFKOINYL aMPNL F_JKL FIO`MHPL IFL GORL WOcMFFNOFL QOPJKIJKNOL GOR OcOKRORLKMNNOLOPLGROILEIORbLGROILUMR^OFL_GORLTttOFL^_FLOIFO`LEHNORFtMMR VOVOWOFYL wJK_FL IFL GORL cTRvOFL OINL FMJKL GO`L ZTyWROJKOFL GORL XOIxHOGORFOF TttOFKSHHOFL KMNNOL PIJKL WOXIOPOFbL GMxL OIFL EHNORFtMMRL uMJKc_``OFL ^_FL P_ TFNORPJKIOGHIJKO`LKMRMcNORLKOR^_RWRIFVOFLc_FFNOLLWOILMHHORLHTVKOINbLGIOLPJK_F WMHGLKOR^_RVONRONOFLXMRYLIRLc_``OFY KRL WRMTJKNL OTJKL FIJKNL vTL WOOIHOFYL zMPL aTNTRL KMNL HMFVOL MTyL POIFOL EFNGOJcTFV VOXMRNONYLONvNLc_``NLOPLMTyLGIOLOIFOL_GORLMFGOROLwNTFGOLFIJKNL`OKRLMFY QHOIJKLPIFGLXIRLWOILGIRY ZNI[\]KMFL WOXOVNOL POIFOFL _tyL IFL GORL QOPNOL GORL TPNI``TFVYL ]R_NvL MHHOR OVOIPNORTFVL WHIOWL ORL vTRSJcKMHNOFGL TFGL PcOtNIPJKYL zIOL wOKFPTJKNL FMJKL GOR UIJKN[TOHHOL GTRyNOL POIFOL XIPPOFPJKMyNHIJKOL ZRWOINL FIJKNL SWORHMVORFYL ZTPL GO` vTyHHIVOFL aTFGL GTRyNOL VORMGOL ORbL GORL THFTRORL `INL GOFL cSKHOFbL MWXMRNOFGOF QOGMFcOFbL cOIFOL ^_ROIHIVOFL wJKHSPPOL vIOKOFbL _WX_KHL GIOL w_HMFORL IK`L ORcHRN KMNNOFbLXMPLPIJKLXIRcHIJKLKIFNORLGO`LOVRIyyL^ORWMRVYLERLXMFGNOLPIJKLXIOGORLGO` aTNTRLvTbLWHIOWLOIFOLRtORHFVOLGM^_RLPNOKOFLTFGLWONRMJKNONOLGIOLaIVTRY zIOL¬`RIPPOLWOVMFFOFLXIOGORLvTL^ORPJKXI``OFYLZNI[\]KMFLXMRLPNMRcLIRRINIORNYLER c_FvOFNRIORNOL PIJKL MTyL POIFOFL aTFGL TFGL ORcMFFNOL IFL OIFORL OIKOL OIVOFNS`HIJK HK`OFGORLwJKRINNOLGORLEIFPIJKNbLGMxLPIJKLGIOLaIVTRLIFLIRcHIJKcOINLWOXOVNOYLwIO XIJKLFIJKNL^_FLGORLwNOHHObLMWORL|OGOPL]OIHLGOPLyORcRtORPbLGMPLFIJKNLOIFORLKMRNOF KINIFPJKIJKNL OFNPtRMJKbL GOKFNOL PIJKL MTPL TFGL v_VL PIJKL vTPM``OFYL zIOL ZTVOF GROKNOFLPIJKLTFGLRIJKNONOFLGOFLHIJcLGOTNHIJKLMTyL]KMFY
zMPL YYYL GMPL IPNL TF`VHIJK«L wJKXORORbL `MPPI^ORL wNOIF«L PT``NOL ORL yMPNL I` ¬HNRMPJKMHHWOROIJKYL wOIFOL ERROVTFVL ^ORGRFVNOL MTVOFWHIJcHIJKL POIFL wNMTFOFL TFG POIFOLTRSJcKMHNTFVYLZWORLYYYLGIOLZFFMK`ObLGMxLGMPLaTNTRLMTPLVOGORNO`LwNOIF WOPNSFGObLPNM``NOL^_FLIK`YLQHOIJKvOINIVL`INLGO`LJKMRMcNORIPNIPJKOFLQORTPJKb `INLGO`LGMPLwJK_NNLMTyVHINNbLGOPPOFLIOVOHLTFGL`OJKMFIPJKOL]OIHOLPIJKLP_LHMFVO FIJKNL `OKRL WOXOVNL KMNNOFbL ORNFNOFL PJKOIFWMRL MTPL GORL UTyNL ^_RL IK`L cFMRROFGO UMTNOYL_RNO«LzMPLaTNTRbLOPLPtRIJKN«LvIRtNOLZNI[\]KMFLMTyY }IFNORLIK`LWOXOVNOFLPIJKLGIOLRSGORLIFLGOFLMT`LKIFOIFYLERPJKR_JcOFLWROINONOLOR WOIGOLZR`tMMROLXOINLMTPLTFGLKIOHNLPIOLMTyYLwIOLWHIOWOFLHIFcPLTFGLROJKNPLOWOFLIK` PNOKOFL TFGL PNMRRNOFL `INL XOINL ^_RVOPNROJcNOFL aSKHORFL MTyL GMPL IFL POIFOR aRO`GMRNIVcOINLGR_KOFGOLIHGYL_FLGORLPOHNPM`OFLwtRMJKObLORcHRNOLZNI[\{v PJKHOttOFGbLKMPNLGTLTFPLFIJKNPLVOPMVNY zMPLaTNTRLKMNLOWOFLORPNLGM`INLMFVOyMFVOFY ¬FGL OPL WOXOVNL ]OIHOL POIFOPL POHNPM`OFL RtORPYL EPL XIRcNL MTyL `IJKL XIOL OIF `TNIORNORLTHFTRORbLPMVNOLzR__PLKMPNIVY wNIHHYL}RNLvT« ZNI[\zR__PL PJKMHNONOL OIFL ZTyFMK`OVORNL OIFbL GMPL ORL MTPL GO`L yOGORFGOF wJKHIFVOFWMFGL v_VbL OIFO`L ]OIHL POIFORL cRtORyRO`GOFL ZTPRSPNTFVL MHP ZHNORNT`Py_RPJKORYLINLvINNORFGOFLHMTOFOFGOFLPJKMHNONOLORLGOFLOJ_RGORLOIFLTFG RIJKNONOLGMPLIcR_tK_FLMTyLGIOLaIVTRYLKROFGLPIJKLGIOL]RMJKOOFPJKHINvOLGOKFNOF TFGL vTPM``OFv_VOFbL XKROFGL PIJKL GIOL TPcOHFL GOPL VOGRTFVOFOFL RtORP PtRTFVWOROINLWOXOVNOFLTFGLPIJKLGMPLVOKOI`FIP^_HHOLzIFVLGOFF_JKLFIJKNL^_FLGOR wNOHHOLRSKRNObLPNIOxLGORL_yyOFOLMFGIWOH`TFGLGOPLaTNTRPLHMFVPM`LOIFvOHFOL_RNO MTPY zIOLzRIHHIFVOL^ORPNMFGOFLFIJKNPbLMWORLPIOLORMKFNOFLOIFIVOPYLEIFOLPtNOROLZFMHPO XSRGOLIKFOFLPMVOFLcFFOFbL_WLPIOLONXMPLMTPLGO`L]ONL^ORXOFGOFLc_FFNOFbLvT` _KHLIKROPLcHOIFOFL_HcOPY zIOL ZHNOL wtRMJKO«L `OIFNOL ZNI[\zR__PYL zIOL FIO`MFGL `OKRL PtROJKOFL _GOR ^ORPNOKOFLcMFFbLvIPJKOHNOLZNI[\]KMFY ¬FvXOIyOHKMyNLKMFGOHNOLOPLPIJKLT`LOIFLGI_`LGORLTHFTRORYLuTRLOIFLOPOFLIKRORLZRN c_FFNOLP_HJKOLUMTNOLORvOTVOFYLzIOL_RNOLTFGLwNvOLXMROFbL_WX_KHLPJKMRyLWON_FN TFGLIFLOIFO`LGTFcHOFbLKMHHOFGOFLFTRROFLMTPVOPN_xOFbLTF^ORPNFGHIJKY
EPL c_FFNOFL Fy_R`MNI_FOFL POIF
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45 ABCDEFGHDIJKDEFGHDLFHMFNKNOFHDNGHFDPBNQRFDJSQGDTUFJDHNQGMFMFJVDSGJMFDPSIOGVDKSW KFHDXSEYZD[FHBTHFJOFGFJD\]HKF^ ABCD CQGBNFWBNQGD _\FND `HNMMFBD CFNJFHD XHNFOFHD HFQGMCD IJKD BNJRCD IED KFJD PTLFJUFHO GFHIEOFHSJJMD\SHFJDIJKDKFHDOF\SBMNOFJDMSIQG\TBRFDJSQGCMSHHMFJVD\IWMFDFHDFC^ NHTJCFBVD KFHD XBFNJRSHNFHMFVD GSMMFD [THBOIZNOD KFJD XSEYZD IED KFJD PTLFJUFHO OF\TJJFJ^DPNFKFHOFCQGBSOFJDIJKDBSJOCSED[FHCMSIMFDFHDCFNJFDQSZZFJDSEDXRHYFHV CSGD CNQGD IED IJKD EICMFHMFD KNFD IJ]UFHCFGUSHFJD SYIHFJD KFCD FHUNMMFHMFJD MNJOFJC IJKD XOEYZFJC^D `SCD OFCSEMFD TFBOJKFD \SHD [TBBD KS[TJ^D `FHD UNBOFH_IOD GSMMF NJ_\NCQGFJDKNFDSNFKBIJODIJKDKNFDVISHMNFHFDKFHDUHNFCMFHDFHHFNQGM^D`NFDQSJKFHFH IJKDUNBOFHDKFIMFMFJDFUFJCTDSIZOFHFOMDJSQGDTUFJ^D`FHDWUFHYHNFCMFHD\SJKMFDCNQG SJDKNFD\FJNOFJDXHNFOFHVDKNFDJTQGDSIZDKFHDUBSMMZTHEDOFUBNFUFJD\SHFJ^ ›※CDGSMDRFNJFJDSNJJVD\FNMFH_IROEYZFJ^DTFGMDGNJIJMFHDIJKDGFBZMDNGJFJVDKNFD‼TMFJD_I UFOHSUFJ^‽ ›QSCDCTBBFJD\NHDMIJ‾DSNFDGSUFJDCNQGDSEDPFHODZFCMOFCFM_M]‽ ›`SCD\NHKDFJMCQGNFKFJVD\FJJDNQGDSBBFCDOFCFGFJDGSUF^‽ ※HD RZZJFMFD KNFD NB]OFBVD HSJJMFD SIZD KNFD ^OJOFUH]QRFD _ID IJKD ZBSMMFHMFD CIEEFJKD NJ FNJFHD OHTWFJD SYNHSBFD GNJIJMFHD IJKD SIZD KFHD \FCMBNQGFJD SFNMFD GSBUD IED KFJD PFHO GFHIE^D `SJJD CSGD FHD KFJD MSIQGVD KNFD \NJ_NOFJD TFCMSBMFJD SIZD KFJD _FNMFHJD IJK TFCMFBBFJDIJKDKSCDHNFCNOFD_TQGDNEDPFHOVDSICDKFEDFCDIJ[FHOJKFHMDGFHSICHSIQGMF^ `NFD QTBRFD CFJRMFD CNQGD \NFD FNJD MNJOD IED KNFD SYNM_FD KFCD ^FNBNOFJD PFHOFC^D ※NJ CQGHOOFHD SQGBFNFHD \IHKFD [TED STJJFJSIZOSJOC\NJKD \FOOFKH]QRMD IJKD _TO BSJOCSED]UFHDKSCD_SJKVDUNCDFHDENMDKFEDSQG\SH_DFNJFHDTF\NMMFH\TBRFDGSBU\FOC [FHCQGETB_^ ›※NJDCQGBFQGMFCD`FNQGFJ^‽ PSIOGD\IHKFDCTZTHMD[TJDUHNFCMFHJDIJKDXHNFOFHJDIEHNJOM^DSNFDFHRSJJMFJVDKSWDKFH XBFNJRSHNFHMFDENMDCFNJFEDSMFBB[FHMHFMFHVDKFEDSQG\SH_CYNHSBNOFJVDKFJDPFHODFHTUFHM GSMMF^D ›SNJJBTC]‽D CSOMFD PSIOGD JSQGD FNJFHD QFNBF^D ›MOIEMD KSCD NFBK^D `NFD UNBOFH CTBBFJDMIJVD\SCDNGJFJDUFBNFUM^DaUFHKNFCD\NHKDFCDPBNM_FVD`TJJFHDIJKDMFOFJDOFUFJ^‽ ›ABCTD^^^DJNQGMD\FNMFHROEYZFJ‾‽D›PFNJ^D`NFDSQGBSQGMDONJOD[FHBTHFJ^DAUFHDJNQGMDKFH
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`THMDTUFJDGTQRMFJDNHTJCFBDIJKDCFNJFDUFCMFJDbOJJFH^DSNFDGSMMFJDOFBFHJMVD\NFDKSC GSHMFD bSMFHNSBD KFCD PTLFJUFHOFCD _ID _FHCMRHFJD \SH^D cFM_MD GNJKFHMFD CNFD JNQGMCD IJK JNFESJKDEFGHDKSHSJVDKSCDdJJFHFD_IDIJMFHCIQGFJ^D`FHDPFHOD\SHVDZ]HDSBBFDCNQGMUSHV OFCQGOJKFM^D `SCD ^FNBNOMIED KFHD LIBBRSIOFHD \SHD FJM\FNGM^D `FHD SBMFD WUFHYHNFCMFH \SHD HSMBTC^DABBFCVD \THSJD FHD IJKD CFNJFD ‼SYZFHFJD OBSIUMFJVD \SHD NJD NHSOFD OFCMFBBM^ _FNCFVD_ROFHJKD_NHYMFDFHVDENMDHSIGFHDIJKD[TJDTGJEOQGMNOFHDQIMDIJKDMFCNOJSMNTJ FHZ]BBMFHDSMNEEFe ›LNFBBFNQGMD\FHKFJDKNFDSBMFJD_FOFJKFJD\SGHVDSIQGD\FJJDNQGDFCDJNQGMDOBSIUF^DAUFH FCDESODCFNJVDKSWDKFHD^FNBNOFDPFHODKNFDMOQGFHDGFHUFNHIZM^DLNFBBFNQGMDRTEEFJDCNF ENMDFNJFEDSQGNZZVDKSCD_\NCQGFJDKFJDSMFHJFJDZBNFOM^DdQGDOFGFD_IH]QRDNJDKFJD‼FEYFB^ LNFBBFNQGMDFHRFJJFDNQGDFNJFJDQFOVD\NFD\NHDKNFDNHF[BFHD[FHMHFNUFJDRRJJFJ^‽ SMIEEDIJKDFHCQG]MMFHMDCSGFJDCFNJFDXOEYZFHD_IVD\NFDPSIOGDKS[TJONJO^D※HD\SHDSBM OFJIOVD IED _ID \NCCFJVD KSWD CNQGD SIQGD NHTJCFBCD SNFOD NJCD TFOFJMFNBD [FHRFGHFJ RTJJMF^ f NHTJCFBD UFMHSQGMFMFD CQG\FNOFJKD KNFD JOGFHD _NFGFJKFJD CQG\SH_FJD QTBRFJ^D SNF [FHENCQGMFJDCNQGDENMDKFHDHNFCNOFJDMSIQG\TBRFVDKNFDGNJMFHDNGEDSICDKFED_TQGDNE PFHODGFH[THgITBBVD[FHCMOHRMD[TJDKFJDIJIJMFHUHTQGFJDZSIQGFJKFJDPBSCFUOBOFJ^ ›MNQGMFMDFIQGDKSHSIZDFNJVDKSWDFCDFNJFDIJOFE]MBNQGFDPSQGMD\NHK]‽DHNFZDFHDCFNJFJ bOJJFHJD_I^D›TF\NMMFH]DPBNM_F^‽ ›hJKDMFOFJO]CCF‽VDCQGHNBBMFDKFHDSQG\SH_CYNHSBNOF^ NHTJCFBD OSUD FNJD YSSHD PFZFGBFD NJCD dJJFHFD KFHD ^RGBF^D ※NJD XHNFOFHD CQGTUD ENMD KFH PHTJ_FCQGSIZFBD KNFD BFM_MFD TBIMD SJD KFJD MSJKD KFHD ^RGBF^D SNFD \SHD ENMMBFH\FNBF HNFCFJOHTWD OF\THKFJ^D ^NJMFHD KFJD MSIQGCQGBFNFHJD CSGD NHTJCFBD NEEFHD \NFKFH GFBBFCDbFMSBBDSIZUBNM_FJVDKSCD[TJDCQG\SH_FEDMIWDOFZBFQRMD\SH^DcFM_MDUHSJJMFJDKNF ^TB_RTGBFJDFNJFJDHIJKFJDXSJSBVDKFHDCQGHOODSU\OHMCDZ]GHMF^D`NFDXTGBFJDOB]GMFJDSIZ IJKD[FH_FGHMFJDCNQG^ SQGBNFWBNQGD ZNFBFJD CNFVD _ICSEEFJD ENMD MHTYZFJKFED bSMFHNSBVD NJD BSJOFJV SIZOB]GFJKFJDSYIHFJD\NFKFHDKIHQGDKNFDXHICMFDIJKDGNJIJMFHDNJCDMHTQRFJFDTHSC^
›SFGMDJSQGDIJMFJ^D^FIMFD\FHKFJDCNFDJNQGMDEFGHDCM]HEFJ‽VDCQGHNFDNHTJCFB^ ›`NFDPSQGMDGSUFJD\NHDZ]HDIJC^‽ AJKFHFDXHNFOFHDRBFMMFHMFJDNJDKNFD^RGBF^DbNMD\FJNOFJDQSCCFHO]CCFJDBRCQGMFJDCNF KNFDBFM_MFJDTBIMJFCMFH^D※NJDFHCMFHDQNJKCMTWDKFCDRTEEFJKFJDTF\NMMFHCDZIGHDNJDKNF ^RGBFDIJKD[FHMHNFUDKFJDMSIQG^DPIHDFNJDCMFQGFJKFHDPHSJKOFHIQGDUBNFUD]UHNO^ ›cFM_MD GSUFJD \NHD SBBFD UBSM_^D QNHD RRJJFJD SICHIGFJ‽VD HNFZD ‼GiENFHD IJKD \NJRMF^ ›^NJFNJDENMDFIQG^‽ `NFDXHNFOFHDRBFMMFHMFJDJOGFHVDCQG\SJOFJDCNQGD]UFHDKFJDMSJKVD[FHMFNBMFJDCNQGDNE dJJFHJD KFHD ^RGBF^D jBD \IHKFD NJD EFMSBBFJFD _SEYFJD OFZ]BBM^D ‼GiENFHD IJKD NHTJCFB CQGTUFJDCNQGDKIHQGDKNFDSIZOFHFOMFDbFJOFDMNFZFHDIJKDMNFZFHDNJCDdJJFHF^ ›`ID GSCMD FNJESBD OFKHTGMVD KFJD PFHOD SU_IMHSOFJVD NHTJCFB^D `SHSICD \NHKD GFIMF JNQGMCVD\NF‾‽DEFNJMFD‼GiENFHDIJKDGTUDKNFD_SEYF^D›^FIMFDJNQGM]‽ `NFDXHNFOFHD[FHCIQGMFJVDSIZDKFEDPTKFJDKFCD_FHRB]ZMFMFJVD[FHUHSJJMFJDdJJFHJDNGHF UBOM_FD_IDZNJKFJ^DSNFDYSQRMFJDNGHD※CCFJDSICDIJKDCMHFQRMFJDNGHFDbICRFBJ^DQSZZFJ RBNHHMFJVD NB]QGFD FHMRJMFJ^D ※M\SD _\SJ_NOD bSJJFCBOJOFJD \SHD KSCD _TQGD MNFZVD FM\S KHFNWNOD SJD KFHD UHFNMFCMFJD SMFBBFD UHFNM^D dED `FJMHIED GSMMFD KNFD TBIMD FNJFD ^RGBIJO OFCQGSZZFJVDNJDKFHD[NFHDbOJJFHD]UFHFNJSJKFHDGOMMFJDCMFGFJDRRJJFJ^ ›^SUMDNGHDUF\SZZJFMFDQSQGFJDKHSIWFJ‾‽DHNFZDNHTJCFBDJSQGDGNJMFJ^D※CDOSUDFNJFJ KHRGJFJKFJDQNKFHGSBB^DTBFNQG_FNMNOD_IQRMFDZFHJDKFCDPTLFJUFHOCDKFHDFHCMFDPBNM_DSIZ IJKDFHGFBBMFD_IQRFJKD‼FNBFDKFCDdJJFHJ^ ›LNFHDbSJJ^‽ ›hJKDkD\SCDMIMDKFHDTFOJFH‾‽ ›`NFD UHNFCMFHRHNFOFHD CMSHHFJD GFHSIZD IJKD UFOHSUFJD KNFD ‼TMFJ^D SNFD GSUFJlC SIZOFOFUFJ^‽D›‼HTM_KFE^DPBFNUMD\SQGCSE^‽ `NFD RBSIFJSHMNOFJD `SJOFJD KFHD UFNKFJD XHNFOFHD CQGSHHMFJD ]UFHD KNFD MFCMFD KFH ^TB_RTGBFD IJKD KNFD [FHRHICMFMFD WUFHZBOQGFD KFCD OFCQGETB_FJFJD PFHONJJFHJ^D ST OHTWD\NFD_\FNDXRHYFHDFHCMHFQRMFDCNQGD[THDNGJFJDFNJFDOBFNQGEOWNODBFNQGMDOFHIJKFMF bFMSBBZBOQGF^D `\FND CQGSHZD FNJOFCQGJNMMFJFD ‼HFJJBNJNFJVD \NFD KNFD NIOFJD _\NCQGFJ SMFNJgISKFHJVD_TOFJDCNQGD[TJDFNJFEDLNFHFQRDJSQGDUFNKFJDSFNMFJVD_\FND\FNMFHF CFJRHFQGMD JSQGD TUFJD IJKD IJMFJ^D `SCD LNFHFQRVD KSCD SIZD KFHD SYNM_FD CMSJKV
IJMFHCQGNFKDCNQGDNJDEFMSBBNCQGFHDNOHUIJODIJKDFNJFHDSJKFHFJVDHSIGFHFJDWUFHZBOQGF [TJDKFHDhEOFUIJODIJKD\SHDFUFJCTDKIHQGDFNJFDLFHMNFZIJOD[TEDSJKFHFJDbSMFHNSB OFMHFJJM^D_SJOCSED_TODNHTJCFBDCFNJFJD`TBQGDIJKDRBTYZMFDENMDKFEDXJSIZDOFOFJ KSCDbFMSBB^ ※CDOSUDFNJFJDGSHMFJDXBSJOD[TJDCNQGVDSBCDTUDFCDSICDFNJFHDKNQRFJDSQGNQGMDUFCM]JKF^ ›PSM]HBNQGDRTEEFJD\NHDJNQGMDGNJKIHQG‽VD_NHYMFD‼GiENFHDIJKDGTUDKNFD_SEYF^D※NJ KIEYZFCD `TJJFHOHTBBFJD \IHKFD GRHUSHVD KSJJD _IQRMFVD CQGTJD JOGFHVD \NFKFHD FNJ BSJOFHDPBNM_DSIZ^ ›QFJJDNEDPTLFJUFHODFNJDXFHJDSICDbFMSBBDNCMVDCTD[FHUNHOMDFHDFM\SCVD\NFDFNJD^SIC TKFHDFNJD‼FEYFB^D※NJDCTBQGFCD^SICDSUFHDGSMDFNJFJD※NJOSJO^DWKFHDEFGHFHF^DQFJJ CNFD[FHCQGBTCCFJDCNJKVDRRJJFJD\NHDCNFDSIZUHFQGFJ^DdQGDOBSIUFDSUFHDJNQGMVDKSWDKNF ‼THFDGNFHDTUFJDCNJK^‽D※HDRBTYZMFD\NFKFHDOFOFJDKSCDbFMSBBDIJKD[FHCIQGMFVDENMDKFH SYNM_FD _\NCQGFJD KFJD SUOFMFNBMFJD AUCQGJNMMFD GNJFNJ_IUTGHFJ^D `NFD UFNKFJ IJMFHCQGNFKBNQGFJDbFMSBBFDOSUFJDGOWBNQGFVDRHFNCQGFJKFD_SIMFDSU^ ›`SCD EFMSBBFJFD TFGFNEJNCD KFCD PTLFJUFHOC‽VD EIMESWMFD NHTJCFBVD ›\NKFHCMFGM IJCFHFHDPHTJ_F^‽ AIQGD SIZD KSCD GSHMJOQRNOFD XBTYZFJD OSUD FCD RFNJFDAJM\THM^D XSBMD IJKD SU\FNCFJK UBNFUFJDKNFDbFMSBBgISKFHJ^DNHTJCFBDCSOMFe ›dQGDUNJDFNJD\FJNODFJMMOICQGM^‽D›QSHIE‾‽ ›QNHDGSUFJDPSIOGDUFCNFOM^DABBFDPFIKFJRFHD\FHKFJDFCDLFM_MD\NCCFJD^^^‽ PBNM_FDIJKD`TJJFHDRSEFJDJOGFH^DQNJKCMRWFDZSIQGMFJDGFHSJDIJKD\NHUFBMFJDSMSIU SIZ^D`FHDUFONJJFJKFDSMIHEDZIGHDSJDKFHDOBSMMFJDQSJKIJODKFCDPFHOFCDFJMBSJOVDZNJO CNQGD NJD KFHD ^RGBFD IJKD FH_FIOMFJD FNJFJD ‼TJD \NFD [TJD FNJFHD OF\SBMNOFJD NBRMF^ NHTJCFBCD QTHMFD IJKD MIZFD ONJOFJD NJD KFED CQGSHZFJD XHSQGFJD KFHD `TJJFHCQGBOOF IJMFH^ ›^^^DCNFD\NCCFJDFC^DSNFDHFKFJDENMDSBBFJDKSH]UFH^D`NFDUNBOFHDUHNJOFJDKNFDPSQGHNQGM ]UFHSBBD^^^‽ NHTJCFBD\NJRMFDSU^D※HDUBNFUDIJUFZHNFKNOM^D`SCDTFGFNEJNCDKFCDPFHOFCD\SHDJNQGM FNJESBD _IED ‼FNBD UFRSJJMD OF\THKFJ^D PIHD KSWD FNJFD IJ[THCMFBBUSHFD OHTWFD bFJOF bFMSBBDGNFHD[FHUTHOFJD\SHVDRTJJMFDFHD_IED_\FNMFJESBDUF\FNCFJ^ QT_IDOSUDFCDKNFCFJDbFMSBBMIHE‾
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`IJOQGCMD\SHDSIZDKFEDOHTWFJDbTJNMTHDJTQGDKNFDXH]EEIJODKFCDXOZFHYBSJFMFJV \NFDNGJDS※P※nADOFJSJJMDGSMMFVD_IDCFGFJDOF\FCFJ^DcFM_MDCQGNFJDKNFDWUFHZBOQGF [RBBNODFUFJmDQOBKFHVDOFRH]EEMFDNBIWBOIZFDIJKD※UFJFJDFHCQGNFJFJDJSQGDIJKDJSQG SICD KFED `IJCMD KFCD bTHOFJC^D `NFD STJJFD CQGTUD CNQGD GTQG^D dGHFD \SSOHFQGMFJ SMHSGBFJD MHSZFJD KSCD MSIECQGNZZVD UBFJKFMFJD KNFD AIOFJD KFHD STBSJFHD IJKD NGHFH TOCMFVDUNCDKSCDCMSHRFD_NQGMDGFHIJMFHOFZNBMFHMD\IHKF^D`NFDCFBMCSEFDXTEYSWJSKFB [TBBZ]GHMFD \NFKFHD CMSHRFD `IQRIJOFJD IJKD KFIMFMFVD NJD UF_IOD _IED PTKFJD KFH `FJMHSBFVDCQGHOODJSQGDIJMFJ^ ›hCMFH‽VD EFNJMFD PLTD CQGBNFWBNQGVD ›KSCD `NJOD EFNJMD \SGHCQGFNJBNQGVD KSWD \NHD IJC JOGFHDIECFGFJDTKFHDOSHDBSJKFJDCTBBFJ^‽ ›`SCDCSOMFDNQGDENHDSIQGDOFHSKF‽VDOSUDPHNQRD_IH]QR^D`NFDbcAd_AbDCMFIFHMFDNJ FNJFD\FNMFDXIH[F^D`NFDAJMFJJFJDIJKD_NJCFJDHNQGMFMFJDCNQGDJSQGDIJMFJ^D※CD\IHKF GFBBFHmD]UFHDKNFCFED‼FNBDKFCDUBSJFMFJDOSUDFCDJIHD\FJNOFDQTBRFJ^D`NFDSQGSMMFJ \SHFJD BSJOD IJKD CQG\SH_^D ›dJD FNJFHD _NFEBNQGD FUFJFJD NBOQGFD CMFGMD FNJD SIZZOBBNOFH PFHO]‽D CSOMFD LFESJKD SICD KFHD WHMIJOD IJKD YHTLN_NFHMFD KNFD LFHOHRWFHIJOD SIZD KNF SQGNHEF^ ›`IDOBFNQGEOWNO‽VDZB]CMFHMFDKFHDAHRTJNKFVD›IEDJSM]HBNQGD_IDCFNJ^DSTBQGFDFsSRMFJ XFOFBDCNJKDCFBMFJDNJDKFHDPSMIH^‽ `SCDSQGNZZDZTBOMFDKFED`FIMFJDKFCDNIMIHC^D`FHDNNJOFHDSICDcFJCFNMCESMFHNFDMSCMFMF SIZD KFJD RFOFBZRHENOFJD PFHO^D ※NJFD FHCMFD bFCCIJOD \IHKFD KIHQGOFCSOMD IJK IJMFHUHSQGD KSCD OFCYSJJMFD SQG\FNOFJD NJD KFHD `FJMHSBF^D ›^IJKFHM_\SJ_NOD bFMFH OHTWVDSJDKFHDPSCNCD[TBBRTEEFJDHIJKVDIJKDSQGM_NODbFMFHD`IHQGEFCCFH^D※HDCQGFNJM SICDFNJFHDUFCTJKFHFJDAHMD[TJDUBSCMNRD_IDUFCMFGFJ^‽ ›LFHCMSJKFJ^D LFHCIQGMD GFHSIC_IZNJKFJVD TUD CNQGD GNJMFHD KFHD hEG]BBIJOD FM\SC [FHCMFQRMVDUNMMF‽VD_NHYMFDAMNgoWi_^ ›QNHDCNJKDCQGTJDKSUFN^‽ MIJKD KHFNGIJKFHMD bFMFHD ]UFHD KFED PTKFJVD ]UFHD ^]MMFJKOQGFHJVD FNJFED ZBSQGFJ NBIWD IJKD OHTWFJD `TJFJD SICD QSBKD IJKD NFBKFHJVD KIHQGD KFJD K]JJFJD MSIQGD [TJ ^FHKZFIFHJVDOBNMMDKNFDbcAd_AbDZSCMD[RBBNODBSIMBTCDJOGFH^D`SCDSTJJFJBNQGMDMHSZDKSC RIOFBZRHENOFD MSIECQGNZZD IJKD HNWD SICD KFHD ^]BBFD ZIJRFBJKFD MFZBFsF^D `NF PNBKCQGNHEFD_FNOMFJDFNJFDHNFCNOFDbFJOFDROZFHSHMNOFHDQFCFJVDKNFDIEDKFJDNIWDKFC PFHOFCD\NEEFBMFJ^DSNFD\SHFJDFM\SDFNJFJDbFMFHDOHTWDIJKDOBNQGFJD\FNMSICDEFGH KFED NIMIHVD SBCD FCD JTQGD FNJD CMFNJFHJFCD SMSJKUNBKD OF\FCFJD \SHVD SBCD KFJD KHFN LIBJIHFHJVDKNFDIJCNQGFHDSIZDKNFDEFHR\]HKNOFDS_FJFDCMSHHMFJ^
PHFNCRTBBD FHRBOHMFD JSQGD \FJNOFJD SFRIJKFJeD ›SNFD ROEYZFJ]D ‼SMCOQGBNQG^D ※CD NCM CTOSHDKFIMBNQGD_IDCFGFJVDJNQGMDJIHD_IDCY]HFJ^‽D›QNHDZBNFOFJDJTQGDFNJDYSSHDXIH[FJV IEDSBBFCDOFJSID_IDUFTUSQGMFJ^D`SJJDCIQGFJD\NHDFNJFJD_SJKFYBSM_]‽DFJMCQGNFK AMBSJ^D`IFHCMDJSGEFJDKNFDLIBBRSIOFHVDKNFDCNQGDFJMBSJODFNJFHDLFHMFNKNOIJOCSJBSOF SICD THSUFJD IJKD USBNCSKFJD FNJFJD FHUNMMFHMFJD XSEYZD ENMD UBNM_FJKFJD QSZZFJ BNFZFHMFJVD [TJD KFED [FHOBFNQGC\FNCFD HNFCNOFJD NHFEKRRHYFHD RFNJFHBFND PTMN_^D LNFBF KFHD XOZFHSHMNOFJVD KFHFJD M]QRFJCQGNBKFD IJKD ^SBUZB]OFBD NJD SBBFJD JIHD KFJRUSHFJ NSHUFJD IJKD NSHURTEUNJSMNTJFJVD bICMFHJD IJKD WHJSEFJMFJD BFIQGMFMFJVD MHIOFJ GRB_FHJFD _SCMFJD ENMD CNQGVD PSBRFJD IJKDAUCQGJNMMFD IJKD MFNCNOU]JKFB^D QSHIED CNF ROEYZMFJVD[FHETQGMFDJNFESJKD_IDCSOFJVDSUFHDFCDONJOD\TGBDIEDKFJDPFHO^ ^TB_M]HEFD BFGJMFJD SJD KFHD [RBBNOD OBSMMFJD WUFHZBOQGFD KFCD CYNM_RFOFBNOFJD PFHOFC^ SQGHNZM_]OFVD PNBKFHD IJKD LFKFD SJKFHFD AHMD [TJD bSBFHFND IJKD MNM__FNQGJIJOFJ UFKFQRMFJD KFJD NIWD KFCD PFHOFCD UNCD GNJSIZD _ID KFJD CFBMCSEFJD TFH]CMFJD IJK ^OJOFUH]QRFJDIJKDSIQGDSJD[NFBFJDSJKFHFJDSMFBBFJVD\TDFCDRFNJFD_FNMFHJDOSU^D※NJ HIWOFCQG\OH_MFCD_TQGDUFZSJKDCNQGDSIZDKFHDPTHKCFNMFDKNQGMDIJMFHDKFEDOFHIJKFMFJ ›TNYZFB‽DKFCDPFHOFC^ ›`NFD LIBBRSIOFHD ROEYZFJD TZZFJCNQGMBNQGD IED KNFD ^FHHCQGSZMD ]UFHD KNFCFJD PFHO‽V UFEFHRMFDAMNgo‼GSJ^D›QFNWMDKIVDPLTVDSICD\FBQGFEDTHIJK‾‽ PLTCD AJM\THMD \SHD _ROFHJK^D QSGHCQGFNJBNQGD GSMMFD FHD SQG\NFHNORFNMFJVD KNF TFKSJRFJDIJKD※EYZNJKIJOFJDKNFCFHDUBSJFMSHNFHDHNQGMNOD_IDNJMFHYHFMNFHFJ^ ›※CD OFGMD IED NHOFJKD FM\SCD ^FNBNOFCVD LFHFGHFJC\FHMFC^D SNFD SBBFD CQGFNJFJD GSBU SIWFHDCNQGD_IDCFNJ^‽ ›dQGD[FHCMFGF‽VDEFNJMFDKFHDAHRTJNKFDJSQGKFJRBNQG^D›PF[THD\NHDIJCDFJMCQGFNKFJV CFGFJD\NHDIJCDSBBFCDOH]JKBNQGDSJ^DWHMIJO]DbFGHDPNBKFHVDUFCCFHFDLFHOHRWFHIJOFJ] XFNJFHBFND ※NJENCQGIJOFJD kD [THBOIZNO^D hJKD KIVD PLTVD EIWMD [FHCIQGFJV GFHSIC_IZNJKFJVD \THIED FCD OFGM^‽D PHFNCRTBBD JNQRMFD JIHD IJKD [FHMNFZMFD CNQGD NJD KNF PFKFIMIJOD KFHD PNBKFHVD KNFD NJD HSCQGFHD NTBOFD SIZD KFJD PNBKCQGNHEFJD KFH USJTHSESOSBFHNFD IJKD KFJD bTJNMTHFJD SU\FQGCFBMFJ^D SNQGFHD CQGNFJD SBBFJ PFCSM_IJOCENMOBNFKFHJVDKSWDKFHDbcAd_AbD\FKFHD[TJDKFJDLIBBRSIOFHJDJTQGD[TJ [FHUTHOFJFJD ※NJHNQGMIJOFJD TFZSGHD KHTGMF^D `NFD SETHYGFVD _\FNZSHUNOD CQGNBBFHJKF bSCCFDKFCDNIMIHCDGSMMFDCNQGDNJDKFJDBFM_MFJDbNJIMFJDJTQGESBCD[FHOJKFHM^ dJDKFEDKIHQGCNQGMNOFJDTFZOWDBSODFNJDCMSUNBFHDPHTQRFJD\NFDFNJDSUOFRSJMFMFHDSMFNJ^ ※HDUFCMSJKD_\FNZFBCZHFNDSICDcFJCFNMCESMFHNF^
f AJD_\FNDSMFBBFJDGSMMFJDKNFDXHNFOFHDNHTJCFBCDKNFDUSBNCSKFJDJNFKFHHFNWFJDRRJJFJ^ AICD KFJD QOBKFHJD RSED FNJD JNQGMD SUHFNWFJKFHD SMHTED [TJD PFIKFJRFHJ^D cFKFH CQGBFYYMFD^TB_DENMDCNQGVDMFNCNODTKFHD^TB_RTGBFJ^ NHTJCFBCD XHNFOFHD CQG\SJOFJD CNQGD ENMD UHIEEFJKFJD NB]OFBCQGBOOFJD ]UFHD KFJ THSUFJ^D`NFDBSJOFJDSYNM_FJDKFHDbFGHZSQGKTBQGFDUTGHMFJDCNQGDNJDKNFDXRHYFHDKFH LFHMFNKNOFH^D AIZD KFHD MSEYFD CMSJKD PSIOGD IJKD CQGHNFD CFNJFD PFZFGBFD _ID KFJ UHNFCMFHROEYZFHJDGNJIJMFH^D›SQGBSOMDCNFD_IH]QR]DSNFD\TBBFJDKNFDOHRWMFDSQGOJKIJO SICZ]GHFJVDKNFD\NHDIJCDKFJRFJDRRJJFJ^‽ SFNJFDSQGHFNFDIJKDXTEESJKTCDONJOFJDNJDKFED_OHEDIJMFH^DSYFFHFDIJKDPTB_FJ GFIBMFJD KIHQGD KNFD _IZM^D _OJOCMD \SHFJD KNFD _FNMFHJD IJKD TFH]CMFD SIZD KFH SUOF\SJKMFJDSFNMFDKFCDPTLFJUFHOCDSUOFHNCCFJD\THKFJ^DhJGFNEBNQGDOOGJMFDKSC OHTWFDCQG\SH_OFHOJKFHMFD_TQGVDKSCDKNFDAUMH]JJNOFJDOFUHSJJMDGSMMFJ^D`NFDNSHUFJ KFHD_SGBBTCFJDbSBFHFNFJD\SHFJDSJD[NFBFJDSMFBBFJDSICOF\SCQGFJDIJKD[FHBNFZFJDNJ UHFNMFJVD IJKFIMBNQGFJD PSGJFJ^D `THMVD \TD KNFD PFIKFJRFHD KIHQGOFUHTQGFJD \SHFJV GOIZMFDCNQGDIEDKFJDNIWDKFCDPFHOFCD^TB_DIJKDFNJFDIJOFGFIHFDbFJOFDMHTQRFJFH vCMFDIJKDMFNCNO^ `NFDUNBOFHDKFCDLTHMSOCDGSMMFJVDSBCDKNFDFHCMFJDXHNFOFHDSIZFNJSJKFHYHSBBMFJVDFJMCFM_M KNFDNBIQGMDFHOHNZZFJ^ ›SQGJFBBFH]D bFGH]D `THMD GNJ]UFH]‽D dEEFHD \NFKFHD OFBSJOD FCD NHTJCFBVD KFE XBFNJRSHNFHMFJVD]UFHDCFNJFJDXHNFOFHJDIJKDKFEDIJ]UFHCFGUSHFJD^FFHDKFHD‼HOOFHV GNJD IJKD GFHD _ID ZBSMMFHJ^D cFKFD LIJOFD LIBBRSIOZHSIVD LFKFHD cIOFJKBNQGFVD CQGBFYYMF PHFJJESMFHNSB^DhJIJMFHUHTQGFJDGSMMFJDCFNMDKFJDZH]GFCMFJDbTHOFJCMIJKFJDKNFDvsMF IJKDPHTJ_FCOOFJDOFRBIJOFJ^DPOIEFDIJKDTFCMHOIQGD\SHFJDOFZOBBMDIJKD_FHGSQRM \THKFJ^D hJKD LFM_MD UHSQGMFJD CNFD EFGHD IJKD EFGHD PHFJJESMFHNSBD GFHSJD IJK CQGNQGMFMFJDFCDHFQGMCDIJKDBNJRCD[TJDPSIOGCDMSEYFDSIZ^ QNFKFHDGFIBMFDFNJD^SOFBD[TJDSQGBFIKFHCMFNJFJD]UFHDKNFDUSBNCSKFJ^ LFHMFNKNOFHD UHSQGFJD CQGHFNFJKD _ICSEEFJ^D _SJOCSED \NQGFJD PSIOGCD bOJJFH _IH]QR^D AICD KFHD SNFKBIJOD RSEFJD ZHNCQGFD XHNFOFHD OFHSJJMD IJKD OFZBTOFJ^D PTQG OBOJ_MFJD NGHFD XRHYFH^D `NFD NB]OFBKFQRFJD KFHD SJKFHFJD \SHFJD _FHCQGBNM_MD IJKD [TJ XRHYFHZB]CCNORFNMD IJKD SMSIUD UFKFQRM^D QNFKFHD \IQGCD KFHD QSBBD SICD ^TB_^D ※NJNOF UFCTJKFHCDCMSHRFDXHNFOFHDZBTOFJDFJMBSJODKFHDPFHO\SJKDIJKDBFFHMFJDSOQRFD[TBBFH ^TB_RTGBFJD ]UFHD KNFD bSCCFD SICD ^TB_^D AJKFHFD CQG]MMFMFJD SICD OHTWFJD XH]OFJ \SHEFCDjBVDKSCD[TJDKFJDPSBRFJDSJDKNFDQSJKDKFCDPTLFJUFHOCDCYHNM_MF^
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