Die entscheidende Nacht

'DVQHXH$EHQWHXHU 3HWHU.DVW'LHHQWVFKHLGHQGH1DFKW 9HUODJ1HXHV/HEHQ%HUOLQ 9E\'XPPH3XWH $OOH5...

Author: Kast Peter

8 downloads 367 Views 433KB Size Report

This content was uploaded by our users and we assume good faith they have the permission to share this book. If you own the copyright to this book and it is wrongfully on our website, we offer a simple DMCA procedure to remove your content from our site. Start by pressing the button below!

Report copyright / DMCA form

DOWNLOAD PDF

'DVQHXH$EHQWHXHU

3HWHU.DVW'LHHQWVFKHLGHQGH1DFKW 9HUODJ1HXHV/HEHQ%HUOLQ 9E\'XPPH3XWH

$OOH5HFKWHYRUEHKDOWHQ /L]HQ]1U 8PVFKODJ]HLFKQXQJ)ULW]$KOHUV3ULHURV0DUN *HVWDOWXQJXQG7\SRJUDSKLH.ROOHNWLY1HXHV/HEHQ 'UXFN.DUO0DU[:HUN3|QHFN9

:HU DQ VWLOOHQ $EHQGHQ DXI GHU %DQN VD GLH VLFK XP GHQ 6WDPP GHV %LUQEDXPV ]RJ YHUQDKP GDV GXPSIH %UDXVHQGHU.VWHQEUDQGXQJEHL:HVWZLQG]XZHLOHQDXFK GHQ*HVFKW]GRQQHUGHUIODQGULVFKHQ)URQW (VZDUGHUK|FKVWH%DXPDOOHU*HK|IWHDQGHU%ODQNHQ EHUJKH%UJJHU >%ODQNHQEHUJKH %UJJH 6WlGWH LQ %HO JLHQ@ &KDXVVHH 0DQFK VWUPLVFKHU 1RUGZHVW ZROOWH LKQ VWU]HQ 2IW YHUVXFKWHQ %OLW]H LKQ PLW NXU]HQ KDUWHQ %HLOKLHEHQ]XIlOOHQ$EHUHUVWLP)UKMDKUJHODQJHV PHQVFKOLFKHU 1LHGHUWUDFKW VHLQH .URQH LQ GHQ 6WDXE GHU /DQGVWUDH]XOHJHQ

=XHUVW HUVFKLHQHQ /DQGYHUPHVVHU 6LH VWHFNWHQ DXI GHU :HLGHMHQVHLWVGHU&KDXVVHH HLQULHVLJHV4XDGUDW DE'HQ %HVLW]HU GHU :LHVH EHDFKWHWHQ VLH QLFKW (U VWDQG XQWHU GHP%LUQEDXPXQGVWDUUWH]XLKQHQKLQEHU (LQH :RFKH VSlWHU VWHOOWHQ 0DWURVHQ LQ IHOGJUDXHU 8QL IRUPDP5DQGHGHV4XDGUDWV:RKQEDUDFNHQXQG=HOWHDXV /HLQZDQGDXIZRYRQMHGHVZLHHLQNOHLQHU=LUNXVDXVVDK =X VWRO] XP GLH /DQGHVIHLQGH ]X IUDJHQ ZDV PDQ PLW VHLQHU :LHVH YRUKDEH YHUIROJWH GHU %DXHU -HII .RUWU\N YRQ ZHLWHP LKU UlWVHOKDIWHV 7UHLEHQ 8QG KLHU XQWHUP %LUQEDXP QlKHUWH VLFK LKP HLQHV 1DFKPLWWDJV HLQHU GHU $UEHLWVPDWURVHQPLWTXDOPHQGHU3IHLIHLP0XQG 2E HU PLW GHP %HVLW]HU VSUlFKH ZROOWH GHU 'HXWVFKH QDFKNXU]HP*UXZLVVHQ -HII.RUWU\NEOLHEVWXPP 'HU0DWURVHOHJWHGDV6FKZHLJHQDOV %HMDKXQJ DXVXQG VDJWH HU KDEH HLQHQ %HIHKO YRP .RPPDQGDQWHQ DXV]X ULFKWHQ -HIIVDKGHQ'HXWVFKHQDQVDJWHDEHULPPHUQRFKQLFKWV Ä$FK VR GX YHUVWHKVW NHLQ 'HXWVFK"³ PXWPDWH GHU 0D

WURVH ,P %HVWUHEHQ VLFK GHQ $XIWUDJ OHLFKW ]X PDFKHQ QLFNWHHUGHP%DXHUQ]XUXKLJHLQ]XJHVWHKHQGDLKPGLH 6SUDFKHXQYHUVWlQGOLFKVHL :LGHU (UZDUWHQ JLQJ -HII QLFKW GDUDXI HLQ 8QEHKROIHQ LP $XVGUXFN YHUVLFKHUWH HU ]XU 1RW JDQ] JXW 'HXWVFK ]X YHUVWHKHQ Ä1D GDQQ KLOIW XQV QLFKWV³ VHXI]WH GHU 'HXWVFKH XQG EHUPLWWHOWHGHP)ODPHQGHQ%HIHKOGDV3IHUGDQ]XVSDQ QHQXQGGLH:LHVH]XVFKOHLIHQ (UVFKUHFNWIXKUGHU%DXHU]XUFNÄ,FKVROOPHLQH:LHVH PLWHLJHQHP3IHUGVFKOHLIHQ"³ 'HU%HIHKOVEHUPLWWOHU]XFNWHGLH6FKXOWHUQ -HIIEHUZlOWLJWHGHU=RUQÄ:DVZROOWLKU'HXWVFKHQPLW PHLQHU :HLGH" ,VW XQVHU )ODQGHUQ >/DQGVFKDIW DP .DQDO WHLOV EHOJLVFK WHLOV KROOlQGLVFK WHLOV IUDQ]|VLVFK@ QRFK QLFKWJHQXJ]HUVW|UW"³ 'HU0DWURVHQDKPGLH3IHLIHDXVGHP0XQGÄ-D%DXHU KDWPDQGLUGHQQQLFKWVJHVDJW"³IUDJWHHU.RSIVFKWWHOQG DEHU VLFKWOLFK HUOHLFKWHUW GHQ %HIHKO DQ GHQ 0DQQ JH EUDFKW ]X KDEHQ ZROOWH HU VLFK VFKRQ YHUDEVFKLHGHQ DOV $QWMH .RUWU\N GDV :RKQ]LPPHUIHQVWHU DXIUL XQG IUDJWH ZDVHVJlEH 9DWHU .RUWU\N VDJWH LKU DXI IOlPLVFK ZDV LKP VRHEHQ EHVWHOOWZRUGHQZDU ,Q LKUHU %HVWU]XQJ VWLH VLH HLQHQ 6FKUHL DXV YHU VFKZDQGYRP)HQVWHUXQGVWDQGEDOGGDUDXIYRUGHQ0lQ QHUQ $OOHP$QVFKHLQQDFKNDPVLHYRP:DVFKWURJ:lKUHQG GLH EODQNHQ $XJHQ LP HUKLW]WHQ *HVLFKW GHQ 'HXWVFKHQ DQIXQNHOWHQWURFNQHWHVLHVLFKPLWGHU6FKU]HGLH+lQGH DE Ä)UDJHQ6LH,KUHQ2IIL]LHU³IRUGHUWHVLHGHQ0DWURVHQLQ

UHLQHP6FKXOGHXWVFKDXIÄZLHZLUXQVHUHQ3IOLFKWDEJDEHQ LQ0LOFKDQ GDV +LOIVOD]DUHWW LQ %ODQNHQEHUJKH QDFKNRP PHQVROOHQZHQQXQVGLH:LHVHJHQRPPHQZLUG³ 'HU'HXWVFKHYRP$QEOLFNGHV0lGFKHQVYHUZLUUWEH JDQQ KLOIORV ]X OlFKHOQ ZRPLW HU JOHLFKVDP VHLQH $QZH VHQKHLWKLHUXQWHUP%DXPXQGEHUKDXSWLQ)ODQGHUQHQW VFKXOGLJHQ ZROOWH 6WRFNHQG JDE HU ]XUFN Ä)UDJHQ XQG (LQJDEHQ ZHUGHQ ZHQLJ QW]HQ )UlXOHLQ 8QVHU .RP PDQGDQWLVWNHLQ%DXHU³ Ä8QG6LH"³'HU7RQLKUHU6WLPPHYHUULHW(QWWlXVFKXQJ GRFK NODQJ GDKLQWHU GHU :LOOH DOOHV DXI]XELHWHQ GLH =HU VW|UXQJGHU:LHVH]XYHUKLQGHUQ 'HU *HIUDJWH VFKWWHOWH GHQ .RSI Ä$OV RE HV DXI PLFK DQNlPH³ 'HQQRFK JHVWDQG HU DXI HLQHP +RI DQ GHU RVWIULHVLVFKHQ .VWH DOV =ZHLWlOWHVWHU JHERUHQ XQG YRQ VHLQHPVHFK]HKQWHQ-DKUDQ]XU 6HH JHIDKUHQ ]X VHLQ ELV LKQ JOHLFK ]X $QIDQJ GHV .ULHJHV GLH NDLVHUOLFKH 0DULQH ÄJHVFKQDSSW³KlWWH ,Q $QWMHV *HVLFKW WUDW +RIIQXQJ 6LH VDK GHQ 0DWURVHQ DQXQGVDJWHÄ(LQ%DXHUQVRKQPX%DXHUQQRWYHUVWHKHQ 6LH ZHUGHQ PLFK ]XP .RPPDQGDQWHQ IKUHQ³ $OV -HII .RUWU\NDXIIDKUHQZROOWHKREVLHGLH+DQGÄ%LWWH9DWHU GLH GHXWVFKH 6SUDFKH YHUVWHKH LFK EHVVHU DOV GX³ 8QG ZLHGHU]XGHP0DWURVHQJHZDQGWIUDJWHVLHÄ.|QQHQZLU JOHLFKJHKHQ"³ 'HU 'HXWVFKH ]|JHUWH 6HLQH $XJHQ JOLWWHQ EHU $QWMHV ZRKOJHUDWHQH*HVWDOW 6LHEHPHUNWHGHQ%OLFNXQGUDQQWHYHUOHW]WLQV+DXV]X UFN ,Q]ZLVFKHQXQWHUVXFKWHGHU0DWURVHVHLQH3IHLIHGLHDUJ YHUVWRSIW ]X VHLQ VFKLHQ =X -HII DXIEOLFNHQG PHLQWH HU YHUOHJHQ Ä+DW DOOHV NHLQHQ =ZHFN %DXHU GX ULVNLHUVW

EORGDGHLQHU7RFKWHUHWZDVSDVVLHUW³ 9DWHU.RUWU\NULGLH$XJHQDXI'DUDQKDWWHHULQVHLQHU $QJVWEHUGHQGURKHQGHQ9HUOXVWQLFKWJHGDFKW%HWURIIHQ VWDPPHOWHHUÄ0HLQ*RWWZDVPDFKWPDQGD"³ 'HU 0DWURVH ]XFNWH ZLHGHU PLW GHQ 6FKXOWHUQ Ä'DV NOJVWH LVW ZHQQ GX QLFKWV PDFKVW³ :DUQHQG VHW]WH HU KLQ]XÄ8QGODVFKRQJDUQLFKWGHLQH7RFKWHU]XP.RP PDQGDQWHQ*LEWVLHGHP0lGFKHQMlJHUHLQHQ.RUEVRUJW HU DP (QGH GDIU GD GLU DXFK QRFK GLH .KH ZHJJH QRPPHQ ZHUGHQ ZHLO IU VLH RKQH :HLGH GDV )XWWHU IHKOW³ 'HU %DXHU DWPHWH VFKZHU DXI Ä'DQN GLU IU GHQ 5DW 'HXWVFKHU³VDJWH HU EHGUFNW Ä0HLQH 7RFKWHU ZLUG QLFKW ]XHXUHP.RPPDQGDQWHQJHKHQ³(UUHLFKWHLKP]|JHUQG GLH+DQGXQGJLQJVFKZHUIlOOLJGHP+DXVH]X

:LHGDV)UKOLQJVJUQLQGHU.VWHQODQGVFKDIWVRUDVFK ZXFKV LQ GHQ QlFKVWHQ :RFKHQ GLH 0DULQH/DQGIOLHJHU 6WDWLRQ )HOGJUDXH 0DWURVHQ HUULFKWHWHQ DP 5DQGH GHV 6WDUWIHOGHV LPPHU PHKU %DUDFNHQ :HUNVWlWWHQ %HWRQXQ WHUVWlQGH XQG XQWHULUGLVFKH .DPPHUQ IU %HQ]LQ gO XQG 0XQLWLRQ $OV GUEHQ LP 9RUJDUWHQ GHV %DXHUQKRIHV GHU %LUQEDXP LQ YROOHU %OWH SUDQJWH ODQGHWHQ GLH HUVWHQ )OXJ]HXJH ZR YRUKHU GDV VDIWLJH *UQ GHU :LHVH JH OHXFKWHWKDWWH 'LH0RQWHXUHWUDIHQ DQGHPVHOEHQ 7DJH DXIGHU6WDWLRQ HLQ $OV ELVODQJ UHNODPLHUWH 6SH]LDOLVWHQ ZDUHQ VLH LP (LOWHPSR PLOLWlULVFK JHGULOOW ZRUGHQ XQG IKOWHQ VLFK LQ GHU 8QLIRUP ÄZLH 3LHINHV LQ )ODQGHUQ³ 1XU ZHQQ VLH LQ GHQ:HUNVWlWWHQGLH0RWRUHQ]HUOHJWHQRGHUDXIGHP6WDQG LQ GHQ GRQQHUQGHQ )OXJ]HXJHQ VDHQ JHZDQQHQ VLH LKUH 6LFKHUKHLW ]XUFN 'HU .RPPDQGDQW MHGRFK +XVDUHQ

2EHUOHXWQDQW )ULHGULFK :LOKHOP YRQ %ODFKD EHKDQGHOWH GLHVH WHFKQLVFK KRFKTXDOLIL]LHUWHQ +DQGZHUNHUVROGDWHQ HEHQVRKRFKPWLJZLHVHLQHHKHPDOLJHQ%DXHUQMXQJHQDXV +LQWHUSRPPHUQ 'HUEHOJLVFKHQ%HY|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

+HLQ6LPPHULQJVDPLWQDFNWHP2EHUN|USHUDPJH|II QHWHQ )HQVWHU GHU :RKQEDUDFNH XQG ÄHQWELHQWH³ VHLQ )ODQHOOKHPG DOV GHU .RPPDQGDQW YRUEHUJHVWHO]W NDP 6RIRUW UL +HLQ GLH 3IHLIH DXV GHP 0XQG XQG VWDQG VWUDPP Ä:DVKDEHQ6LHZlKUHQGGHV 'LHQVWHVLP:RKQTXDUWLHU ]XVXFKHQ"³KHUUVFKWHLKQGHU2IIL]LHUDQ Ä0HLQ)OXJ]HXJLVWPLW+HUUQ/HXWQDQW:DJQHUJHVWDUWHW 'D KDEH LFK =HLW XP PLFK YRP 8QJH]LHIHU ]X UHLQLJHQ +HUU2EHUOHXWQDQW³ Ä6RVR)O|KHKDWGHU.HUO«³9RQ%ODFKDNOHPPWHVLFK GDV(LQJODVLQV$XJHXQGWUDWQlKHUÄbKWlWRZLHUWLVWGHU

%XUVFKHDXFK³+RFKPWLJZLHVHUPLWVHLQHP5HLWVW|FN FKHQDXIGLH0DWURVHQEUXVWÄ:DVVROO GLHVH EO|GH =HLFK QXQJGDUVWHOOHQ"³ 6LPPHULQJJDENDOW ]XUFN Ä'DV .UHX] EHGHXWHW *ODX EH GDV +HU] /LHEH GLH DXIJHKHQGH 6RQQH +RIIQXQJ GDV VLQNHQGH 6FKLII 6HHPDQQVJUDE =XVDPPHQ *ODXEH /LH EH+RIIQXQJEHUV*UDEKLQDXV+HUU2EHUOHXWQDQW³ 9HUlFKWOLFK VFKWWHOWH GHU 2IIL]LHU GHQ .RSI Ä.HUO PWH LQV /RFK ZHJHQ %HVFKlGLJXQJ NDLVHUOLFKHQ (LJHQ WXPV³ +HLQ 6LPPHULQJ DXIV WLHIVWH YHUOHW]W KDWH YRQ QXQ DQ GHQ.RPPDQGDQWHQZLHGLH3HVW

(V ZDU HLQ IU GLHVH IUKH -DKUHV]HLW XQJHZ|KQOLFK OLQ GHUYRP0RQGOLFKWVFKZDFKHUKHOOWHU$EHQG $QWMH .RUWU\N VD DXI GHU %DQN XQWHUP %LUQEDXP XQG WUlXPWH 9RQ %ODQNHQEHUJKH KHU GUDQJ GDV %UDXVHQ GHU .VWHQEUDQGXQJDQLKU2KU'DV 'RQQHUJUROOHQ GHU )URQW ZDUYHUVWXPPW 0LWHLQHPPDOIXKUVLH]XVDPPHQ(LQ6FKDWWHQNDPDXI GHQ%DXP]X6LHVSUDQJDXIXPLQV+DXV]XIOLHKHQGD HUNDQQWHVLHGHQ1lKHUNRPPHQGHQ(VZDUMHQHU0DWURVH GHULKUHP9DWHUGHQ%HIHKOEHUEUDFKWKDWWHGLH:LHVH]X VFKOHLIHQ Ä,FK P|FKWH GHQ %DXHUQ VSUHFKHQ )UlXOHLQ³ HQWVFKXO GLJWHHUVLFKOHLVH $QWMH HUZLGHUWH LKU 9DWHU ZlUH QRFK QLFKW ]XUFN 6LH HUZDUWHWHLKQMHGHQ $XJHQEOLFNXQGIUDJWHEHXQUXKLJW RE ZLHGHUHWZDV:LFKWLJHV]XEHVWHOOHQVHL 6WDWW HLQHU $QWZRUW VHW]WH VLFK +HLQ 6LPPHULQJ DXI GLH %DQN6LHQDKP]|JHUQGLKUHQ3ODW]ZLHGHUHLQ (LQH :HLOH VDHQ EHLGH VWXPP QHEHQHLQDQGHU 'DQQ

VDJWH+HLQDXIGLH%UDQGXQJKRUFKHQGÄ'LH6WLOOH«GDV 0HHU«ZLHEHLXQVLP'RUI«³ $QWMH ODXVFKWH GHQ :RUWHQ QDFK 'D GHU 'HXWVFKH ZLH VLH DXV HLQHP 2UW XQPLWWHOEDU YRQ GHU .VWH VWDPPWH HUZlUPWHLKU*HIKOIULKQ'RFKOLHVLHVLFKYRQLKUHQ (PSILQGXQJHQ QLFKWV PHUNHQ XQG JDE ELWWHU ]XUFN Ä:HUGHQ EHL ,KQHQ LP 'RUI GLH /HXWH HEHQIDOOV JOHLFK HUVFKRVVHQZHQQDXVLKUHQ+lXVHUQGHV1DFKWV/LFKWQDFK DXHQGULQJW"³ Ä1D QD QD³ YHUVXFKWH 6LPPHULQJ ]X EHVFKZLFKWLJHQ Ä6RVFKQHOOVFKLHHQGLH3UHXHQQLFKW³ Ä'DVZHLLFKEHVVHU³ZLGHUVSUDFK$QWMHÄ(LQHQ9HWWHU YRQPLUDXFKHLQNOHLQHU%DXHUVHLQ+RIVWHKWHLQH0HLOH YRQ KLHU DQ GHU &KDXVVHH QDFK %UJJH GHQ KDEHQ GLH 'HXWVFKHQYRU IQI:RFKHQ DOV6SLRQ HUVFKRVVHQ (U VROO HQJOLVFKHQ )OLHJHUQ GLH EHU %UJJH ZDUHQ /LFKWVLJQDOH JHJHEHQ KDEHQ 8QG ZLVVHQ 6LH ZDV ZLUNOLFK JHVFKHKHQ LVW"6HLQH.XKKDWWHGHV1DFKWVJHNDOEW,QGHU$XIUHJXQJ YHUJDHUGHQ6WDOODE]XEOHQGHQ³ 'DUDXI ZXWH +HLQ QLFKWV ]X HUZLGHUQ 6LFK DOV 'HXW VFKHU DQ GHP 0RUG PLWVFKXOGLJ IKOHQG PXUUWH HU Ä'HU YHUGDPPWH.ULHJ³ :LHGHUXPVFKZLHJHQVLH'UEHQDXIGHU6WDWLRQZDUHQ GLH OHW]WHQ 6WLPPHQ YHUNOXQJHQ 1XU GDV 5DXVFKHQ GHV 0HHUHVEOLHEK|UEDU$QGHU.VWHVXFKWHHLQ 6FKHLQZHU IHU GHQ +LPPHO DE $QWMH ZDUWHWH EHNORPPHQ GD GHU 0DWURVHHQGOLFKVDJHQZUGHZDUXPHUJHNRPPHQVHL 6WDWWGHVVHQIUDJWHHUÄ%UDXFKHQ6LH/LFKW)UlXOHLQ",FK NDQQ,KQHQHLQH%HQ]LQODPSHEHVRUJHQ%UHQQVWRIIOLHIHUH LFK,KQHQGDIUVRYLHO6LHZROOHQ³ $QWMHPHKUQRFKYRQGHP]XWUDXOLFKHQ7RQDOVYRQGHP $QJHERW VHOEVW EHZHJW VSUWH GDULQ HLQH :HUEXQJ YROOHU

0LWOHLG XQG $FKWXQJ 6HLQH $EVLFKW LKU GDV NULHJVYHU GXQNHOWH /HEHQ DP $EHQG ]X HUKHOOHQ OLH GDV LQ LKU DXINHLPHQGH 9HUWUDXHQ]XLKPUDVFKHUZDFKVHQ $EHU LKU 6WRO]GXOGHWHHVQLFKWYRQHLQHP'HXWVFKHQEHVFKHQNW]X ZHUGHQ6LHVDJWHGDUXPZHGHUMDQRFKQHLQ +HLQ HUULHW XQNODU GHQ *UXQG LKUHU =XUFNKDOWXQJ Ä:DUWHQ6LH³EDWHUXQGYHUVFKZDQG 'LH /DPSH PXWH QLFKW DOO]XZHLW IRUW JHVWDQGHQ KDEHQ .QDSS]ZHL0LQXWHQVSlWHUEHUUHLFKWHLKU6LPPHULQJGDV *HVFKHQN 8PVWlQGOLFK +DQGKDEH XQG 3IOHJH GHU QLFKW JDQ]XQJHIlKUOLFKHQ.RQVWUXNWLRQHUNOlUHQGUFNWH HU LKU LP (LIHU QlKHU 6RJDU LKUH +lQGH EHUKUWHQ VLFK HLQPDO ZRUDXI$QWMHEHGlFKWLJZLHGHUGHQ$EVWDQGKHUVWHOOWH 1DFKGHPEHUGLH/DPSHJHQXJJHUHGHWZDUVFKZLHJHQ VLH HUQHXW (V EHJDQQ VFKRQ XQHUTXLFNOLFK ]X ZHUGHQ GD WDW+HLQHLQHQWLHIHQ$WHP]XJXQGVWDPPHOWHÄ,FKGUIWH HV,KQHQHLJHQWOLFKQLFKWVDJHQ«$EHUZHLOLFKHLQ%DX HUQMXQJHELQZHLLFKZLHGDVLVW«³ $QWMH.RUWU\NEHUILHOHLQ =LWWHUQ.DPHVMHW]WGDVHU ZDUWHWH 8QKHLO YRQ MHQVHLWV GHU &KDXVVHH" 6ROOWHQ LKQHQ DOV %DXHUQ RKQH :HLGH GLH OHW]WHQ .KH JHQRPPHQ ZHU GHQ" 'URKWH GHP 9DWHU LKU XQG GHP .QHFKW GLH 9HUWUHL EXQJ YRP +RI" :DU LKQHQ GDV 6FKLFNVDO GHU QDFK 'HXWVFKODQGGHSRUWLHUWHQ=ZDQJVDUEHLWHU]XJHGDFKW" 6LPPHULQJEHXJWHVLFK]XLKUKLQUDXQWHGLFKWDQLKUHP 2KU Ä8QVHU .RPPDQGDQW VFKLFNW GHQ %DXHUQ PRUJHQ IUK PLW 3IHUG XQG :DJHQ QDFK %UJJH (U VROO IU GLH 6WDWLRQ 3URYLDQW KROHQ 8QG ZlKUHQG HU XQWHUZHJV LVW PVVHQZLUGHQ%LUQEDXPIlOOHQ³ $QWMHV%UXVWVHQNWHVLFKHUOHLFKWHUW6LHYHUQDKPDXVGHU :DUQXQJ]XQlFKVWQXUGDVLHDXIGHP+RIEOHLEHQGXUI WHQ 'DQQ DEHU ILHO LKU GHU GURKHQGH 9HUOXVW GHV LQ YROOHU

%OWH VWHKHQGHQ %DXPHV XP VR VFKZHUHU DXIV +HU] 9HU KDOWHQHU=RUQEHEWHLQLKUHU6WLPPHDOVVLHVDJWHÄ:LVVHQ 6LHGDGLH%LUQHQVHLWGUHLLJ-DKUHQXQGPHKU]X:HLK QDFKWHQDQ%UJJHU:DLVHQNLQGHUYHUVFKHQNWZHUGHQ"³,Q XQEHKHUUVFKWHU (QWUVWXQJ SDFNWH VLH VHLQHQ $UP Ä6DJW PLU'HXWVFKHU ZDUXPIKUWLKUJHJHQ %LUQElXPH.ULHJ" 0DQ]HUVW|UWGRFKQLFKWVRKQH6LQQXQG9HUVWDQG"³ +HLQGHUVLFKQLHRKQPlFKWLJHUDOVJHUDGHMHW]WGHUYHU KDWHQ .ULHJVPDVFKLQH DXVJHVHW]W IKOWH HQWJHJQHWH NOlJOLFK Ä+DW GHU HOHQGH .ULHJ IU XQVHUHLQHQ EHUKDXSW QXU GLH 6SXU YRQ 6LQQ"³ 'DV 0lGFKHQ EUDFKWH LKQ PLW LKUHQ )UDJHQ LQ %HGUlQJQLV $XI 9HUUDW PLOLWlULVFKHU *H KHLPQLVVH DQ %HOJLHU VWDQG .ULHJVJHULFKW GURKWH 7RGHV VWUDIH $QWMH JDE LKP PLW HLQHU KHIWLJHQ %HZHJXQJ GLH /DPSH ]XUFN Ä'D LFK ZLOO QLFKWV YRQ 'HXWVFKHQ JHVFKHQNW KDEHQ³.OLUUHQGILHOVLH]X%RGHQ 9RP $XVEUXFK LKUHV +DVVHV HUVFKURFNHQ KDWWH +HLQ 6LPPHULQJ QLFKW JOHLFK ]XJHJULIIHQ 'RFK DOV $QWMH DXI VSULQJHQZROOWHKLHOWHUVLHIHVW Ä+|UHQ 6LH )UlXOHLQ PLU GUIHQ 6LH NHLQH 6FKXOG JH EHQ ,FK ELQ MD VHOEVW YRP %DXHUQKRI ,FK KDEå GRFK JH ]HLJWGDLFKHXFKKHOIHQZLOO,FKZHL]XJHQDXZLHGDV LVW «³ 8QG IOVWHUQG EHULFKWHWH HU LKU GD GHU .RPPDQ GDQWDP1DFKPLWWDJYRQ /HXWQDQW :DJQHU ZLVVHQ ZROOWH RELKQGHU%LUQEDXPEHLP6WDUWQLFKWKLQGHUH:DJQHUGHU ZRKODKQHQPRFKWHZRKLQGLH+HLPWFNH]LHOWHKDEHDOV DQVWlQGLJHU .HUO JHDQWZRUWHW GD LKP LP *HJHQWHLO GHU %DXPEHLP/DQGHQDOV5LFKWSXQNWQW]H Ä6R VR PHUNZUGLJ³ KlWWH GDUDXI YRQ %ODFKD JHVDJW ÄPLFKVW|UWHU HPSILQGOLFK 'LUHNW QHUY|V ZLUG PDQ EHLP 6WDUWREPDQ GLH .LVWH IUK JHQXJ YRU LKP KRFK NULHJW³

8QG PLW VHLQHP 5HLWVW|FNFKHQ HLQLJH %OWHQN|SIH DXI GHP 6WDUWIHOG DEVlEHOQG KDEH HU QRFK KLQ]XJHVHW]W Ä(U PX ZHJ 6FKRQ ZHJHQ GHU *URIOXJ]HXJH GLH GHP QlFKVWKLHUVWDWLRQLHUWZHUGHQVROOHQ³ Ä8QG GDQQ³ VFKOR 6LPPHULQJ ÄKDW YRQ %ODFKD XQVH UHP )OXJREHUPDDW >2EHUPDDW )HOGZHEHO EHL GHU GHXW VFKHQ.ULHJVPDULQH@%HIHKOJHJHEHQGHQ%DXHUQPRUJHQ IUKZHJ]XVFKLFNHQXQGDEHQGVYRUGLHYROO]RJHQH7DWVD FKH ]X VWHOOHQ³ (U QDKP GLH YRU VHLQHQ )HQ OLHJHQGH /DPSH DXI SXW]WH LKUHQ 'RFKW XQG VDJWH WUDXULJ Ä7MD )UlXOHLQ GDQQ PX LFK GLH )XQ]HO ZRKO ZLHGHU PLW QHKPHQ³0GHVWDQGHUDXI 'DHUKREVLFKDXFK$QWMHXQGQDKPLKPGLH/DPSHDE Ä,FK ZROOWH 6LH QLFKW NUlQNHQ³ YHUVLFKHUWH VLH VWRFNHQG Ä,FKZHL6LHVLQGHLQJXWHU0HQVFK,FKGDQNH,KQHQ«³ Ä+HLQ 6LPPHULQJ LVW PHLQ 1DPH³ XQWHUEUDFK HU VLH LQ GHUEHVFKHLGHQHQ+RIIQXQJYRQQXQDQLQLKUHQ*HGDQNHQ SHUV|QOLFKHU]XOHEHQ /HLVH QDQQWH VLH LKUHQ 1DPHQ (LQ +lQGHGUXFN GDQQ VWDQGHUDOOHLQXQWHUP%DXP Ä$QWMH³IOVWHUWH+HLQYHUVRQQHQ

6RHEHQ ZDU GLH )UKOLQJVVRQQH DXIJHJDQJHQ XQG QDKP GHQ 7DX YRQ *UlVHUQ 6WUlXFKHUQ XQG %lXPHQ :RKOLJ HQWIDOWHWHQVLFKGLH%OXPHQXQG%OWHQDXIGHQ:LHVHQLQ GHQ )HOGHUQ XQG DP &KDXVVHHUDQG 'LH 9|JHO HUZDFKWHQ XQG HUIOOWHQ WURW] *UROOHQ GHU IHUQHQ )URQW GLH /XIW PLW LKUHP *H]ZLWVFKHU :LH LPPHU UDXVFKWH GLH %UDQGXQJ KLQWHU%ODQNHQEHUJKH ,QVFKZHUIlOOLJEUHLWHP6HHPDQQVJDQJQlKHUWHVLFK)OXJ REHUPDDW 7LPSH GHU 0DWURVHQEDUDFNH XQG VWLH GRUW HLQ VSDOWZHLW JH|IIQHWHV )HQVWHU JDQ] DXI $Q VHLQH 2KUHQ

GUDQJHQ GLH $WHP]JH YLHOHU 6FKOlIHU *OHLFKPWLJ VHW]WH HUVHLQH %RRWVPDQQVSIHLIH DQXQGEHJDQQ PLW HLQHP ODQJ JH]RJHQHQ7ULOOHUGLH6WLOOH]X]HUUHLHQ =HKQ -DKUH KDWWH 2EHUPDDW 7LPSH DXI GLHVH :HLVH 0D WURVHQ GHU YHUVFKLHGHQHQ .ULHJVVFKLIIH DXV GHP 6FKODI JHVFKHXFKW=ZHL-DKUHWULHEHUQXQVFKRQIHOGJUDXH0DUL QHVROGDWHQGDPLWDXVGHQ.RMHQ 9RU GHU ]ZHLWHQ %DUDFNH GHP 4XDUWLHU GHU )OXJ]HXJ PRQWHXUH $UWLOOHULH0HFKDQLNHU XQG DQGHUHU +DQGZHU NHUVROGDWHQSILIIHUQXUHLQPDONXU]XQGEUOOWHÄ$XIVWH KHQ³ )U GLH Ä6FKORVVHUJHVHOOHQ³ EUDFKWH HU ZHQLJHU 6\PSDWKLHDXI 'DVZDUHQMD ZHGHU6HHOHXWHQRFK 6ROGD WHQ GDV ZDUHQ HLQIDFK YHUNOHLGHWH )DEULNDUEHLWHU /HLGHU KLQJ HV YRQ LKQHQ DE RE DOOHV ÄRKQH 5HLEVDQG LQ GHQ 0DVFKLQHQ³ZHLWHUOLHI 'LH+lQGHLQGHQ+RVHQWDVFKHQYHUJUDEHQJLQJHULQGLH :DFKVWXEH ]XUFN VLFK NHLQHQ $XJHQEOLFN GDUXP NP PHUQGREVHLQ:HFNHQEHIROJWZUGH 7URW]GHPWUDWGLH0DQQVFKDIWSQNWOLFK]XP0RUJHQDS SHOO DQ UHFKWV GLH 0DWURVHQ OLQNV GLH 0RQWHXUH 0DDWH YRU GHU )URQW 2EHUPDDW 7LPSH HUVWDWWHWH 0HOGXQJ /HXW QDQW ]XU 6HH :DJQHU DOV 2IIL]LHU YRP 'LHQVW OLH JOHLFK UKUHQ :LHMHGHQ0RUJHQEHJDQQGLH$UEHLWVYHUWHLOXQJ$OVGLH 0RQWHXUHODVFKZLHLPPHUDEWUDWHQXPLKUH:HUNVWlWWHQ DXI]XVXFKHQ VWHFNWH 7LPSH VHLQH 1DVH LQV 1RWL]EXFK $XFK/HXWQDQW:DJQHUEHUVDKGLH'LV]LSOLQORVLJNHLW 7LPSHV%DJUROOWHEHUGDV]XUFNJHEOLHEHQH+lXIFKHQ GHUPRUJHQVDXHUGUHLQEOLFNHQGHQ0DWURVHQDOVVROOWHHLQH 'LYLVLRQ GLH 2KUHQ VSLW]HQ Ä0DO KHUK|UHQ 'HU .RP PDQGDQW KDW EHIRKOHQ GHQ %LUQEDXP DOV 6WDUWKLQGHUQLV XP]XOHJHQ:HULP)lOOHQ3UD[LVKDWYRUWUHWHQ³

:LHDP6FKQUFKHQJH]RJHQUXFNWHQGLH0DWURVHQN|S IH LQ 5LFKWXQJ GHV ]XP 7RGH YHUXUWHLOWHQ %DXPHV 6HLQH VFKQHHZHLH 3UDFKW HUVFKLHQ LKQHQ VFK|QHU DOV MH $Q 9RUWUHWHQGDFKWHQLHPDQG 7LPSH KDWWH QLFKWV DQGHUHV HUZDUWHW /DXHUQG QDKP HU VLFKMHGHQHLQ]HOQHQDXIV.RUQELVVHLQ%OLFNDPUHFKWHQ )OJHOPDQQKlQJHQEOLHE Ä1D6LPPHULQJZLHZlUHHVPLWXQV"$OV/DQGZLUWXQG 6HHPDQQN|QQHQZLUGRFKPLW$[WXQG6lJHXPJHKHQ"³ 6LPPHULQJHUVFKUDN(UQDKP+DOWXQJDQXQGVFKOXFNWH VHLQH +HPPXQJHQ KLQXQWHU Ä%HL XQV LP 'RUI IlOOW PDQ NHLQH2EVWElXPHGLHLP6DIWVWHKHQ+HUU2EHUPDDW8QG GDQQELQLFKDOVDEJHO|VWH1DFKWZDFKHGLHQVWIUHL³ 7LPSH EOLQ]HOWH ]X /HXWQDQW :DJQHU KLQ RE GLHVHU GLH YRUODXWH %HPHUNXQJ YHUQRPPHQ KDEH 'D GLHV DQVFKHL QHQG QLFKW GHU )DOO ZDU JLQJ HU DXI 6LPPHULQJ ]X XQG SILIILKQDQÄ%HLHXFKLP'RUILVWDXFKNHLQ.ULHJ,GLRW³ 'RFK ]X PGH GHQ .RQIOLNW DXI GLH 6SLW]H ]X WUHLEHQ OHQNWH HU ZLHGHU HLQ Ä$OVR GDQQ QLFKW 'DIU ZLUG GHU +HUU 0DWURVH VHLQHQ GLHQVWIUHLHQ 0RUJHQ RSIHUQ PVVHQ XP GHQ %DXHUQ ]XP 3URYLDQWIDVVHQ QDFK %UJJH ]X EH JOHLWHQ/RVVDXVHDE³ 9RU )UHXGH GD HU DQ GHP %DXPIUHYHO QLFKW WHLO]XQHK PHQ EUDXFKWH ILHO +HLQV .HKUWZHQGXQJ H[DNWHU DXV DOV EHLP([HU]LHUHQ -HII .RUWU\N KDWWH VFKRQ DQJHVSDQQW :LH VFKODIHQG VD HUDXIGHP%RFNGHV:DJHQVGLH=JHOLQGHU+DQG0LW HUQVWHP.RSIQLFNHQGDQNWHHUDXIGHV0DWURVHQ*UXXQG OXGLKQHLQQHEHQLKP3ODW]]XQHKPHQ +HLQ]DXGHUWHYHUNUDPWHXPVWlQGOLFKGLH3URYLDQWSDSLH UH ZREHL VHLQH $XJHQ LP +RI QDFK $QWMH VXFKWHQ 'RFK

VLH ZDU QLUJHQGZR ]X HQWGHFNHQ (QWWlXVFKW NOHWWHUWH HU DXIGHQ%RFN $OVDEHUGHU:DJHQGDV9RUGHUKDXVSDVVLHUWHVDKHUVLH KLQWHUP)HQVWHULQGHUJURHQ6WXEH,KUH+DQGVWUHLFKHOWH ²ZHQLJVWHQVVFKLHQHVLKPVR²GLHDXIGHU)HQVWHUEDQN VWHKHQGH/DPSHZlKUHQGLKU%OLFNVHNXQGHQODQJDXILKP UXKWH9RU)UHXGHYHUJDHU]XJUHQ ,P=XFNHOWUDESROWHUWHGHU:DJHQEHUGLH&KDXVVHH$Q GHU6WUDHQELHJXQJZDQGWH-HIIGHQ.RSIQRFKHLQPDOXP (LQH*UXSSH0DWURVHQQlKHUWHVLFKGHP%LUQEDXP ,Q 6LPPHULQJV 0XQGZLQNHOQ ]XFNWH HV Ä6R VFKQHOO OH JHQVLHLKQQLFKWXP³PHLQWHHUXQGODFKWHLQVLFKKLQHLQ -HII .RUWU\N KRE GHQ .RSI ,KP ZDU DOV KDEH LQ GHQ :RUWHQ GHV 0DWURVHQ DEHU PHKU QRFK LQ GHVVHQ /DFKHQ KHLPOLFKHU7ULXPSKJHNOXQJHQ ,Q]ZLVFKHQ NlPSIWH GHU 0DWURVH QHEHQ LKP LQQHUOLFK HLQHQ.DPSIDXVREKLHU6FKZHLJHQNOJHUDOV6FKZlW]HQ VHL (U NDP ]X GHP (UJHEQLV GD PDQ $QWMHV 9DWHU ZLH LKU VHOEVW 9HUWUDXHQ VFKHQNHQ PVVH XQG JHVWDQG LQ GHU YHUJDQJHQHQ1DFKWDXI:DFKHVLFKHLQELFKHQGLH6lJHQ XQG b[WH DQJHVHKHQ ]X KDEHQ %HGlFKWLJ VFKOR HU Ä,FK JODXEH %DXHU NHLQ :HLKQDFKWVElXPFKHQ LVW PHKU GDPLW XP]XOHJHQ³ -HIIV KDJHUHV *HVLFKW EHOHEWH HLQ 6FKLPPHU YRQ +RII QXQJ GHU MlK ZLHGHU YHUORVFK Ä6LH ZHUGHQ VLFK YRQ GHU .RPPDQGDQWXUQHXHEHVRUJHQ³ ,P3URYLDQWDPWKHUUVFKWH+RFKEHWULHE$XIGHP+RIGHV *WHUEDKQKRIHVZDUWHWHQ6ROGDWHQXQG8QWHURIIL]LHUHDOOHU P|JOLFKHQ7UXSSHQJDWWXQJHQPLWLKUHQ%DXHUQNDUUHQRGHU /DVWZDJHQDXI$EIHUWLJXQJ -HIIOHQNWHVHLQ3IHUGDQGDV(QGHGHUODQJHQ5HLKHXQG EHUJDE 6LPPHULQJ GLH =JHO Ä,FK ZLOO HLQHQ 9HWWHU YRQ

PLU LQ GHU 6WDGW EHVXFKHQ³ HU|IIQHWH HU LKP XQG YHU VSUDFKUHFKW]HLWLJ]XUFN]XNRPPHQ

'HV %DXHUQ 9HWWHU PXWH HLQH 5HVSHNWVSHUVRQ YRQ $Q VHKHQ VHLQ %HYRU -HII GLH .OLQJHO DP (LQJDQJ GHU .OR VWHUPDXHU]RJQDKPHUGLH0W]HDEXQGVWULFKVLFKVHLQ +DDUJODWW (LQ 0|QFK LQ ZHLHU .XWWH |IIQHWH KRE VHJQHQG GLH +lQGH XQG OLH -HII HLQWUHWHQ GHU LQ DQHU]RJHQHU 'HPXW LP.DELQHWWGHQ6HJHQGHV3ULRUVHQWJHJHQQDKP Ä'DV KHLH LFK HLQH hEHUUDVFKXQJ -HII .RUWU\N DXV =\QNHHUNH>'RUILQ%HOJLHQ@³ 0LWOHLVHP+XPRUYHUVXFKWHGHU3ULRU]XVFKHU]HQÄ:LOO XQV GHU +HUUJRWW ]XU .ULHJV]HLW QXQ DXFK LP )UKMDKU %LUQHQEHVFKHUHQ"³ 'HU %DXHU EOLHE HUQVW XQG VDJWH Ä1HLQ +RFKZUGHQ ,FKZHUGHGHQ:DLVHQNLQGHUQQLHPHKU:HLKQDFKWVELUQHQ VFKHQNHQN|QQHQ³ Ä:DV VDJVW GX"³ 'HU ZHLJHNOHLGHWH *UHLV KLQWHU GHP 6FKUHLEWLVFK EOLFNWH EHUUDVFKW DXI Ä(LQ VFK|QHU %UDXFK GUHLLJXQGPHKU-DKUHJRWWZRKOJHIlOOLJJHEWVROOJHEUR FKHQZHUGHQ":DUXPPHLQ6RKQ"³ 'HU%DXHUVFKOXJGLH$XJHQQLHGHUÄ6HKUHLQIDFK9DWHU (UDVPXV :lKUHQG LFK KLHU VLW]H LVW GHU 'HXWVFKH GDEHL GHQ%DXP]XIlOOHQ³ 'HU3ULRUVRJOHLFKHUNHQQHQGZDVGLHVHU)UHYHOIUGHQ %DXHUQEHGHXWHWHKREGLH+DQG ,Q VHLQHQ NOXJHQ $XJHQ EOLW]WH +D DXI Ä8QG ZDUXP IlOOW GHU 'HXWVFKH GHQ %DXP"³IUDJWHHU -HIIUHFNWHVLFKÄ'LH:LHVHJHJHQEHUPHLQHP+DXVLVW DOV«³Ä«)OXJSODW]EHVFKODJQDKPWZRUGHQ-DMDPHLQ 6RKQ LFK ZHL³ 'HU 0|QFK QLFNWH Ä:LU ZLVVHQ -HII

.RUWU\N ZDV LQ XQVHUP VFKZHUJHSUIWHQ 9DWHUODQG YRU VLFK JHKW 'RFK ZDV KDW GDV PLW GHLQHP %DXP ]X WXQ" :HQQPLFKGLH(ULQQHUXQJQLFKWWUJWVWHKWHUYRUGHLQHP +DXVHGHPQHXHQ)OXJSODW]JHJHQEHU"³ Ä0HLQ %LUQEDXP KRFKZUGLJHU 9DWHU³ JDE -HII ]XU $QWZRUW ÄVROO VHLQHU +|KH ZHJHQ DEJHVFKODJHQ ZHUGHQ ,Q QlFKVWHU =HLW ZHUGHQ DXI GHU 6WDWLRQ *URIOXJ]HXJH XQWHUJHEUDFKW 'DQQ VW|UW PHLQ %DXP EHLP $XIVWHLJHQ XQG/DQGHQ³ Ä8QG ZRKHU ZHLW GX GDV YRQ GHQ )OXJ]HXJHQ -HII"³ 6SDQQXQJODJLQGHU6WLPPHGHV*UHLVHV Ä(LQ GHXWVFKHU 0DWURVH HLQ JXWHU 0HQVFK GHQ ]X VHJ QHQ LFK +RFKZUGHQ ELWWH KDW HV PLU JHVDJW (U LVW DXI MHQHU6WDWLRQEHVFKlIWLJW³ -HIIV %LWWH 6LPPHULQJ ]X VHJQHQ VFKRE GHU 3ULRU PLW XQJHGXOGLJHU+DQGEHLVHLWH(UVFKLHQMHW]W:LFKWLJHUHV]X WXQ]XKDEHQ)HVWVDKHUGHQ%DXHUQDQÄ%HVFKUHLEHPLU GLH /DJH GHLQHV +RIHV³ EHIDKO HU Ä$EHU JHQDX (V LVW ZLFKWLJ³ $OV -HII QLFKW JOHLFK DQWZRUWHWH VHW]WH 3DWHU (UDVPXV EHGHXWXQJVYROOKLQ]XÄ:HQQHVQRWZHQGLJZHUGHQVROOWH ZDV*RWWYHUKWHQP|JHZHUGHQZLUQDFKGHP.ULHJGHQ +RI QHX HLQULFKWHQ³ 8QG -HII YHUVWDQG (U JDE SUl]LVH =DKOHQXQGQDQQWHHLQH0HQJH|UWOLFKHU$QKDOWVSXQNWH Ä:LU ZHUGHQ GLFK UHFKW]HLWLJ EHQDFKULFKWLJHQ PHLQ 6RKQ³VFKORGHU3ULRUGLH8QWHUUHGXQJ(UKREHLQZHQLJ GLH+lQGH]XP6HJHQ ,P.RUULGRUGHUÄ)OLHJHUYLOOD³HLQHVGHUEHVFKODJQDKP WHQ +lXVHU %ODQNHQEHUJKHU %UJHU NOLQJHOWH GDV 7HOH SKRQ Ä«/HXWQDQW:DJQHU)OXJSODW]"«-DZRKO+HUU/HXW

QDQW « 1HLQ «³ 5XIIHQDFK GHU %XUVFKH 2EHUOHXWQDQW YRQ %ODFKDV JULHQWH LQ GLH 6SUHFKPXVFKHO Ä$EHU +HUU /HXWQDQW ZLVVHQ GRFK « (U KDWWH %HVXFK HLQH 'DPH « =X %HIHKO +HUUQ 2EHUOHXWQDQW VRIRUW ZHFNHQ XQG ELWWHQ VLFK ]XU 6WDWLRQ EHPKHQ ]X ZROOHQ 0LW GHP )lOOHQ GHV %LUQEDXPHVJLEWHV6FKZLHULJNHLWHQ³ 6FKDGHQIURKHQ *HVLFKWV NORSIWH GHU %XUVFKH DQ GLH 6FKODI]LPPHUWUGHV.RPPDQGDQWHQXQGEHUPLWWHOWHLKP GLHVRHEHQHUKDOWHQH1DFKULFKW 9RQ%ODFKDIOXFKWHGDQQULHIHUQDFKVHLQHQ6DFKHQ

/HXWQDQW ]XU 6HH :DJQHU EHL DOOHU 'XOGVDPNHLW JHJHQ EHU GHU 0DQQVFKDIW GRFK VWHWV DXI 5FNHQGHFNXQJ EH GDFKW JODXEWH LQ GLHVHP )DOOH GHQ .RPPDQGDQWHQ SHU V|QOLFK EHPKHQ ]X PVVHQ *HZL YHUWXVFKWH HU HLQLJHV LPYLHUWHQ.ULHJVMDKU6HOEVW'LV]LSOLQDUYHUJHKHQGLHGHP )OXJREHUPDDW 7LPSH LPPHU QRFK GHQ $WHP YHUVFKOXJHQ OLHHUZHQQLUJHQGP|JOLFKGXUFKJHKHQ$EHUZDVKHXWH PRUJHQ JHVFKHKHQZDUPXWHVFKRQ DOV 0HXWHUHL JHZHU WHW ZHUGHQ -D ZHQQ HV VLFK QRFK XP GLH 0RQWHXUH GLH YHUNOHLGHWHQ )DEULNDUEHLWHU JHKDQGHOW KlWWH $EHU DXVJH UHFKQHWGLH0DWURVHQ« 0LW NQDSSHQ :RUWHQ EHULFKWHWH HU LP )OLHJHUVDORQ GHU 6WDWLRQGHP.RPPDQGDQWHQGDV9RUJHIDOOHQH 8QWHU $XIVLFKW YRQ 2EHUPDDW 7LPSH KlWWHQ VLFK GLH 0DWURVHQEHIHKOVJHPlDQJHVFKLFNWGDV6WDUWKLQGHUQLV]X EHVHLWLJHQ 0DQ KDEH LQ GUHLYLHUWHO +|KH GHV %DXPHV HLQHQ 6WULFN EHIHVWLJW XP GDPLW VSlWHU VHLQH )DOOULFKWXQJ ]XGLULJLHUHQ'DQQHUVWZlUHQGLH0DWURVHQ%VVHQVFKWW XQG%HKUHQGVDQV:HUNJHJDQJHQGHQ6WDPPDQ]XVlJHQ $OOHUGLQJV RKQH (UIROJ 2E HV DQ GHQ RIIHQVLFKWOLFK VW|U ULVFK JHVLQQWHQ 0DWURVHQ RGHU DQ GHUHQ 6lJHQ JHOHJHQ

KDEHVHLYRUHUVWXQNODUJHEOLHEHQ%VVHQVFKWWXQG%HK UHQGV MHGHQIDOOV YHUVLFKHUWHQ GDV 6lJHEODWW ZlUH XQ EUDXFKEDU9RQHLQHP]ZHLWHQXQGGULWWHQ%ODWWEHKDXSWH WHQVLHQDFK(USUREXQJGDVVHOEH Ä1XQ XQG ZDV ZHLWHU"³ 8QJHGXOGLJ VFKOXJ VLFK YRQ %ODFKDPLWGHP5HLWVW|FNFKHQJHJHQGLH/HGHUJDPDVFKHQ Ä0LW GHQ GUHL RGHU YLHU b[WHQ HUJLQJ HV XQV QLFKW EHV VHU³ /HXWQDQW:DJQHUVDKGXUFKV )HQVWHU XQG ZDUI HLQHQ YRUZXUIVYROOHQ%OLFNDXIGLH%OWHQSUDFKWGHV%LUQEDXPV Ä.HLQ 6SlQFKHQ OLH VLFK GDPLW YRP 6WDPP DEVFKODJHQ 2EHUPDDW7LPSHGHU6lJHQXQGb[WHYRP)OXJPHFKDQL NHU +HOOEHUJ XQWHUVXFKHQ OLH HUVWDWWHWH PLU GDUDXIKLQ 0HOGXQJGDGLH:HUN]HXJHDXVJHJOKWZRUGHQZlUHQ³ Ä+HUU³ 'HU .RPPDQGDQW UDQJ QDFK /XIW Ä+HUU /HXW QDQW GDV LVW 6DERWDJH³ 0LW EHUVFKQDSSHQGHU 6WLPPH VFKULHHUGLHVH:RUWH:DJQHULQV*HVLFKWXPGDQQ JLIWLJ KLQ]X]XVHW]HQÄ'DUDXIVWHKW.ULHJVJHULFKW³ 'HU/HXWQDQWQLFNWHWUEVLQQLJ:HQQHVQXUGDEHLJH EOLHEHQ ZlUH +HUU 2EHUOHXWQDQW³ EHGDXHUWH HU VLFK XQG GLH JDQ]H NDLVHUOLFKH +HHUHVPDFKW Ä:LH ZLU DEHU QRFK XQWHUP %DXP EHUDWHQ HUVFKHLQW GLH %DXHUQWRFKWHU XQG EHJLQQW XQV DQ]XIOHQQHQ LKQ GRFK XP +LPPHOV ZLOOHQ VWHKHQ ]X ODVVHQ 2EHUPDDW 7LPSH YHUVXFKW DXI PHLQHQ %HIHKO GDV EULJHQV UHFKW KEVFKH 'LQJ ]X EHUXKLJHQ XQGDOVDOOHV=XUHGHQQLFKWKLOIWPLWVDQIWHU*HZDOWZHJ ]XIKUHQ'DXPNODPPHUWGLH$XIJHUHJWHGHQ6WDPPXQG KHXOW DOV JLQJH HV LKU DQV /HEHQ 9RQ LKUHP *HVFKUHL DQJHORFNWNRPPWQRFKGHU.USSHOYRQ.QHFKWDQJHZDW VFKHOWXQGEDUPWXQVHUH0DWURVHQDQDOVREVLH]XEHIHK OHQKlWWHQ³/HXWQDQW:DJQHUGLH6FKXOWHUQKRFKJH]RJHQ VFKOR PLW ILQVWHUHU 0LHQH Ä(LQH VFKHXOLFKH 6LWXDWLRQ +HUU2EHUOHXWQDQW³

Ä)ODXVHQ³9HUlFKWOLFKZLQNWHYRQ%ODFKDDEÄ*HIKOV GXVHOHL +HUU /HXWQDQW³ 0LW VFKQHLGHQGHU 6WLPPH YHU ODQJWHHU]XZLVVHQZLHHVMHW]WXPGHQ%DXPVWHKH /HXWQDQW:DJQHUVWULFKVLFKEHUGLH6WLUQÄ'LH0DWUR VHQ JLQJHQ DXI GDV (LQJUHLIHQ GHV 0lGFKHQV XQG GHV .QHFKWVJHVFKORVVHQLQGLH:RKQEDUDFNH]XUFN³ Ä8QGGHU6WHKLPZHJH"³ Ä6WHKW QRFK /HLGHU +HUU 2EHUOHXWQDQW³ 'HV /HXWQDQWV %OLFN VFKZHLIWH HUQHXW GXUFKV )HQVWHU DXI GLH VLHJKDIW ZHLH %OWHQSUDFKW )DVVXQJVORV VWDUUWH GHU .RPPDQGDQW LQ GDV *HVLFKW VHLQHV 8QWHUJHEHQHQ Ä,VW GDV DOOHV +HUU /HXWQDQW"³EUDFKHVGDQQJHOOHQGDXVLKPKHUDXVXQGDOV GHU *HIUDJWH GD]X JHQLFNW KDWWH NUHLVFKWH HU LKQ ZLH GHQ HUVWEHVWHQ 5HNUXWHQ DQ Ä'D KDEHQ ZLU GDV 5HVXOWDW ,KUHU VHHPlQQLVFKHQ 6FKODSSVFKZlQ]LJNHLW LQ )UDJHQ GHU 'LV ]LSOLQ 8QHUK|UWH 6FKZHLQHUHL 6DERWDJH XQG 0HXWHUHL 8QGDXVJHUHFKQHWDXIPHLQHU6WDWLRQ'DVZHUGHQ6LHPLU YHUDQWZRUWHQ PVVHQ +HUU /HXWQDQW³ (U NOHPPWH GDV (LQJODV HLQ XQG EOLW]WH GHQ %DXP DQ DOV ZROOWH HU LKQ VHOEVWXPOHJHQ ,KP ZXUGH NODU GD HV ]X HLQHU .UDIWSUREH NRPPHQ PVVH 'HU XQSUHXLVFKH 0DULQHJHLVW GLHVH YHUIOXFKWH 0LVFKXQJYRQ6DO]7HHUXQG )DEULNGXQVWPXWHDXVJH OIWHW ZHUGHQ 0LJQVWLJ VDK HU DXI VHLQHV /HXWQDQWV GHNRULHUWHQ )OLHJHUURFN 'D KLQJHQ GLH 6FKQDOOHQ YRP (LVHUQHQ .UHX] , .ODVVH YRP 2OGHQEXUJLVFKHQ 9HU GLHQVWNUHX] GDQHEHQ VWHFNWH GHU 5RWH +DOEPRQG LQ 5RW XQG *ROG XQG VFKUlJ GDUEHU GDV VLOEHUQH .DPSIIOLHJHU DE]HLFKHQ(LQ5lWVHOGLHVHUKDJHUHODQJH6HHRIIL]LHUPLW GHPOHLFKWJHUXQGHWHQ%XFNHO)OLHJWVHLQHQ(LQVLW]HUZLH GHU 7HXIHO XQG OlW VLFK YRQ VHLQHU WlJOLFK UHEHOOLVFKHU ZHUGHQGHQ0DQQVFKDIWDXIGHU1DVH KHUXPWDQ]HQ +|FK

VWH=HLWGDLKPGHU+XVDUHQRIIL]LHUHLQH$WWDFNHYRUUHL WHW«Ä+HUU/HXWQDQW"³ Ä+HUU2EHUOHXWQDQWEHIHKOHQ"³ Ä)U 0DQQVFKDIW XQG 8QWHURIIL]LHUH LVW MHGHU $XVJDQJ JHVSHUUW'LH.HUOHGLHGDV:HUN]HXJXQEUDXFKEDUPDFK WHQ KDEHQ ]ZHL 6WXQGHQ %HGHQN]HLW (UIROJW ELV GDKLQ NHLQH 6HOEVWVWHOOXQJ IRUGHUH LFK )HOGJHQGDUPHULH DQ 3XQNW ]Z|OI 8KU KHXWH PLWWDJ HUZDUWH LFK ,KUH 0HOGXQJ GDPHLQ%HIHKODXVJHIKUWZXUGH9HUVWDQGHQ"³ Ä=X%HIHKO+HUU2EHUOHXWQDQW³

9RQ %ODFKD QDKP GLH 8QWHUVXFKXQJ GHV )DOOHV VRJOHLFK LQVHLQH+DQG:lKUHQGDOVHUVWH0DQDKPH)OXJ]HXJPH FKDQLNHU +HOOEHUJ QDFK %ODQNHQEHUJKH JHVFKLFNW ZXUGH XPHLQLJH6lJHQXQGb[WH]XEHVRUJHQRUGQHWHHUIUDOOH 0DWURVHQ XQG 0RQWHXUH HLQVFKOLHOLFK .|FKH %UR VFKUHLEHUXQG3RVWRUGRQQDQ]HQÄVFKDUIHQ,QIDQWHULHGLHQVW³ DQ (LQH KDOEH 6WXQGH EHUZDFKWH YRQ %ODFKD VHOEVW GLH 'XUFKIKUXQJ VHLQHU $QRUGQXQJHQ /LH )OXJREHUPDDW 7LPSHGHUHVPLWGHU0DQQVFKDIWQLFKWYHUGHUEHQZROOWH PDO UKUHQ GDPLW GLH *HKHW]WHQ YHUVFKQDXIHQ NRQQWHQ JHOOWHVRIRUWYRQLUJHQGZRKHUGLHYHUKDWHGQQH6WLPPH Ä:HLWHUPDFKHQ7LPSHZHLWHUPDFKHQ³ $OVGLH*UXSSHQDFKHQGORVODQJHP'DXHUODXIULQJVXP GHQ )OXJSODW] ZLHGHU HLQPDO YRU GHQ %DUDFNHQ DQODQJWH ZDU LKU 4XlOJHLVW YHUVFKZXQGHQ 7LPSH IUDJWH /HXWQDQW :DJQHU DOV 6WHOOYHUWUHWHU GHV .RPPDQGDQWHQ RE QXQ HQGOLFK HLQH 3DXVH HLQJHOHJW ZHUGHQ GUIH 'LHVHU JH ZlKUWH VLH EDW DEHU XQYHU]JOLFK ZHLWHU]XH[HU]LHUHQ ZHQQ YRQ %ODFKD LQ 6LFKW NlPH (U GHXWHWH KLQEHU ]XP %DXHUQKRI XP GLH 5LFKWXQJ ]X EH]HLFKQHQ DXV GHU GLH

*HIDKUGURKH

:lKUHQG GLH 0DWURVHQ XQG LKU 2EHUPDDW LP 6FKDWWHQ GHU%DUDFNH$XVJXFNKLHOWHQPXWHVLFK$QWMH.RUWU\NLQ GHU:RKQVWXEHPLWGHP)HLQGKHUXPVFKODJHQ 2KQHDQ]XNORSIHQZDUYRQ%ODFKDEHLLKUHLQJHGUXQJHQ (UKLHOWHVQLFKWHLQPDOIUQRWZHQGLJVHLQH0W]HDE]X QHKPHQ 'DV 0RQRNHO HLQJHNOHPPW GDV 5HLWVW|FNFKHQ JHJHQ VHLQH OHGHUQHQ :DGHQ NQDOOHQG EHUILHO HU GDV 0lGFKHQPLWGHU)UDJHÄ6LQG6LHGDV0HQVFKGDVPHLQH 0DWURVHQDXIJHSXWVFKWKDW"³ 'LH %HOHLGLJXQJ VWLH LQV /HHUH $QWMH VWDQG JHIDW YRU LKUHU 1lKPDVFKLQH XQG VWHOOWH LKUH (PS|UXQJ EH]ZLQ JHQGLQUHLQVWHP6FKXOGHXWVFKGLH*HJHQIUDJHREVLHGLH (KUH KlWWH GHQ .RPPDQGDQWHQ GHU )OXJVWDWLRQ EHJUHQ ]XGUIHQ 9RQ%ODFKDVWXW]WHZLHYRQHLQHU'DPHDXVVHLQHQ.UHL VHQ ]XUHFKWJHZLHVHQ ODFKWH VLFK JOHLFKVDP ZHJHQ GLHVHV UDVFK HUNDQQWHQ ,UUWXPV PLW VFKULOOHP .LFNVHU VHOEVW DXV XQGK|KQWHÄ1XQVDJHQ6LHEORQRFKGHUOLHEH1DFKEDU ZlUH]XP$QVWDQGVEHVXFKJHNRPPHQ³ $QWMH QXQPHKU Y|OOLJ UXKLJ GDFKWH DQ GLH 0DFKW GLH GLHVHPRIIHQEDU HLWOHQ0HQVFKHQ JHJHEHQ ZDU 6LFK LKUHU 9HUDQWZRUWXQJ JHJHQEHU GHP 9DWHU GHP +RI XQG GHP .QHFKW EHZXW EHUK|UWH VLH GHQ +RKQ XQG YHUVLFKHUWH Ä,FKZHL+HUU2IIL]LHULP.ULHJODVVHQVLFK$QVWDQGVUH JHOQ QLFKW LPPHU EHIROJHQ ,FK GDQNH ,KQHQ GHVKDOE IU ,KUHQ %HVXFK *HZL ZROOHQ 6LH PLU PLWWHLOHQ GD 6LH JH]ZXQJHQ VLQG XQVHUHQ %LUQEDXP ]X IlOOHQ³ ,Q YROOHQ GHWJHVSLHOWHU+LOIORVLJNHLWGLH6WLPPHVHQNHQGVFKORVLH OHLVHÄ(VLVWPLUPVVHQ6LHZLVVHQVHKUVFKUHFNOLFK³ 9RQ %ODFKD ZROOWH ]XQlFKVW HUQHXW VHLQ VFKULOOHV $XIOD

FKHQ DQVWLPPHQ 'RFK UHLFKWH VHLQ 6SRWW QXU ]X HLQHU *ULPDVVH9RQLKUHU5XKHEH]ZXQJHQQDKPHUVRJDUGHQ 6FKHUEHQ DXV GHP $XJH XQG GUXFNVWH KHUYRU Ä(UODXEHQ 6LH 'DV LVW HLQH PLOLWlULVFKH $QRUGQXQJ³ *OHLFK GDUDXI ElXPWH VLFK VHLQ -XQNHUGQNHO JHJHQ GLH ÄHLQJHELOGHWH %DXHUQWULQH³DXIZLHHUVLHIUVLFKQDQQWHÄ:LHVSUHFKHQ 6LHEHUKDXSWPLWPLU"³OHJWHHUKLW]LJORVÄ:HQQHVPLU QRWZHQGLJ HUVFKHLQW ODVVH LFK QLFKW QXU GHQ %DXP XPOH JHQVRQGHUQDXFK,KU+DXVDOV6WDUWKLQGHUQLVVSUHQJHQ³ 'LHVH'URKXQJZDU]XYLHOIU$QWMHV%HKHUUVFKXQJ'DV *HVLFKW ZLH HUVWDUUW DXI GHQ 3HLQLJHU JHULFKWHW GLH +DQG JHJHQGDVVFKPHU]KDIWSRFKHQGH+HU]JHSUHWIOOWHQVLFK LKUH$XJHQPLW7UlQHQ /DQJHVXFKWHVLHQDFK:RUWHQ,QLKUHU(UUHJXQJIDQGVLH NHLQH6WRO]VFKULWWVLHDQLKPYRUEHU]XU7U|IIQHWHVLH XQGVDJWHÄ%LWWH³ 9RQ %ODFKD NOHPPWH VLFK HUQHXW GDV *ODV LQV $XJH VWDUUWH VHNXQGHQODQJ LQ $QWMHV *HVLFKW XQG ULHI ZLH GHU 6FKZHUHQ|WHU HLQHV SUHXLVFKHQ 2IIL]LHUVNDVLQRV Ä$OOH :HWWHUPHLQ/HXWQDQWKDWUHFKW6LHVLQGMDHLQYHUWHXIHOW UHL]HQGHV 'LQJ³ 8QWHUQHKPHQG VWHO]WH HU DXI VLH ]X XQG KRELKUGDV.LQQ $QWMH GLH 7UNOLQNH LQ GHU +DQG GXOGHWH GLH =XGULQJ OLFKNHLWZLHHLQH0DUPRUVWDWXH(UVWDOVVHLQH+lQGH LKUH +IWHQ XPIDVVHQ ZROOWHQ ZHKUWH VLH LKQ DE XQG VDJWH QRFKPDOVÄ%LWWH³ 9RQ %ODFKD OLH YRQ LKU 'RFK GDFKWH HU QLFKW GDUDQ KLQDXV]XJHKHQ ,P *HJHQWHLO LKU XQJHZ|KQOLFK DSDUWHV :HVHQ YHUVWlUNWH QXU VHLQH %HJHKUOLFKNHLW :lKUHQG HU HLQLJH 0DOH JHVHQNWHQ .RSIHV LP =LPPHU KLQ XQG KHU JLQJZXUGHLKPNODUGDGLHVHV%DXHUQPlGFKHQQLFKWVR OHLFKW]XKDEHQVHL

2KQH $QWMH ]X IUDJHQ VHW]WH HU VLFK DXI GHQ 6WXKO YRU GHU1lKPDVFKLQH,PPHUKLQQDKPHUVHLQH0W]HDEXQG EHJDQQ PDQLHUOLFK ]X EHJUQGHQ ZDUXP HU GHQ %DXP EHVHLWLJHQODVVHQPVVHXQGEDWVLHGLHVH0DQDKPHDXI Ä.RQWR.ULHJ³]XEXFKHQ+LHUPDFKWHHUHLQH3DXVHXQG IRUGHUWHGDV0lGFKHQDXIGDVDQGHURIIHQHQ7UVWHKHQ JHEOLHEHQ ZDU VLH GRFK ZLHGHU ]X VFKOLHHQ GD QRFK ZHLWDXV:LFKWLJHUHV]XEHVSUHFKHQVHL $QWMH YRQ QHXHP IU 9DWHU .QHFKW XQG +RI EDQJHQG IROJWH'DVLHGXUFKV)HQVWHUHLQHQ]ZHLWHQ2IIL]LHUJHVH KHQKDWWHGHUDQVFKHLQHQGHEHQIDOOV]XLKUNRPPHQZROO WHEHIUFKWHWHVLHIUVLFKQLFKWPHKUDOO]XYLHO 9RQ %ODFKD DKQWH QRFK QLFKWV YRQ GHU EHYRUVWHKHQGHQ 6W|UXQJ 'LH .QLH EHUHLQDQGHUJHVFKODJHQ VSDQQ HU VHLQ 9HUIKUXQJVJDUQZHLWHUXQGOLHGXUFKEOLFNHQGDHUVLFK QDFK ZHLWHUHP $XVEDX VHLQHU 6WDWLRQ HLQHV 7DJHV YHUDQ ODW VlKH ZHQQ DXFK QLFKW ZLH YRUKLQ GDKHUJHUHGHW GDV +DXV DOV 6WDUWKLQGHUQLV ]X VSUHQJHQ VR GRFK UlXPHQ ]X ODVVHQ Ä%HDFKWHQ 6LH ZRKO .OHLQHV³ VHW]WH HU VHOEVWJH IlOOLJ KLQ]X VLFK LKU ZLHGHU QlKHUQG Ä:LH GLH 'LQJH OLHJHQKlQJWDOOHVYRQPLUXQGHLQLJHV«³(UULVLHPLW XQYHUPXWHWHP*ULIIDQVLFKÄ«YRQGLUDE³ 'LH 6WLPPH /HXWQDQW :DJQHUV LP )OXU GHV +DXVHV EUDFKWH LKQ ZLH HU VLFK HLQELOGHWH XP GHQ UDVFKHQ 6LHJ :WHQGOLHHUYRQGHU+DOERKQPlFKWLJHQDEXQGULGLH 7UDXI Ä(LQ 7HOHSKRQDW YRP $UPHHIOXJSODW] *HQW +HUU 2EHU OHXWQDQW³PHOGHWH:DJQHUDKQXQJVORV (U EHNDP GLH HLVNDOWH $QWZRUW HLQHQ $XJHQEOLFN GUDX HQ]XZDUWHQ9RQ %ODFKDNQDOOWHGLH7U KLQWHU LKP ]X EHKLHOWDEHUGLH.OLQNHLQGHU+DQGÄ'XKDVWYHUVWDQGHQ"³ UDXQWHHU$QWMH]XXQGJDELKUHLQHQXQYHUVFKlPWHQ.ODSV

6FKRQ KDOE GUDXHQ IOVWHUWH HU ]XUFN Ä0HLQ %XUVFKH VDJWGLUZDQQGXPLFKEHVXFKHQGDUIVW³ .DXPDOOHLQEUDFK$QWMHDXIGHP6WXKOYRUGHU1lKPD VFKLQH ]XVDPPHQ (LQ :HLQNUDPSI VFKWWHOWH LKUHQ .|U SHU

'LH5FNIDKUWYRQ%UJJHDXIGHPKRFKEHODGHQHQ%DX HUQZDJHQ ZXUGH JHPWOLFKHU DOV GLH +LQIDKUW +HLQ 6LP PHULQJKDWWHLP3URYLDQWDPWEHUGLH$QIRUGHUXQJKLQDXV HWZDV 6FKQDSV =LJDUHWWHQ XQG HLQH 6FKODFNZXUVW EH VFKDIIW -HII .RUWU\N GHU DQIlQJOLFK QLFKWV DQQHKPHQ ZROOWHYHUORUHUVWQDFKHLQHPQXUGHP'HXWVFKHQ]XOLHEH JHWUXQNHQHQ 6FKQlSVFKHQ VHLQH SDWULRWLVFKHQ %HGHQNHQ 'LH IHWWLJH 2IIL]LHUVZXUVW WDW GDV LKULJH HV EOLHE QLFKW EHLP $QVWDQGVVFKOXFN XQG VR ZDUHQ GHU )ODPH XQG GHU 'HXWVFKH EDOG HLQ +HU] XQG HLQH 6HHOH 6LH UFNWHQ VLFK DXI GHP %RFN QlKHU XQG YHUIOXFKWHQ LQ LPPHU VWlUNHUHQ $XVGUFNHQGHQ.ULHJ ,Q GHU .XUYH YRU =\QNHHUNH NDP GXUFK GLH %lXPH GHU +RI LQ 6LFKW 'LH OHLFKW YHUJODVWHQ $XJHQ GHV %DXHUQ VXFKWHQGHQ%DXP6LHVXFKWHQYHUJHEHQV:LHHLQHKRKH 6FKQHHZHKH ODJ HU LP 6RQQHQOLFKW TXHU EHU GHU &KDXV VHH (LQ 7UXSS 0DWURVHQ ZDU JHUDGH GDEHL LKQ LQ GHQ *UDEHQ]X]LHKHQ +HLQlFK]WHYRU =RUQÄ+DWGHU0RQRNHOKXQGGRFK VHL QHQ:LOOHQGXUFKJHVHW]W³ -HIIEOLHEJHIDW:LHXPGHQ'HXWVFKHQDQVHLQHU6HLWH XQG VLFK VHOEVW ]X WU|VWHQ VDJWH HU Ä%|VH )UHXGH NXU]H )UHXGH.DPHUDG³ ,Q GHQ QlFKVWHQ 7DJHQ VWLHJ GHU +D ]ZLVFKHQ 0DQQ VFKDIWXQG.RPPDQGDQWELV]XU6LHGHKLW]H'DGLHÄ.HUOH

GLHGDV:HUN]HXJ]HUVW|UWHQ³QLFKWGDUDQGDFKWHQVLFK]X PHOGHQEOLHEIUDOOHGHU8UODXEJHVSHUUW6HLQH'URKXQJ )HOGJHQGDUPHULH DQ]XIRUGHUQ KDWWH YRQ %ODFKD HEHQIDOOV ZDKUJHPDFKW,QGHVVHQPXWHQGLHEHLGHQÄ.HWWHQKXQGH³ >6ROGDWLVFKHU6FKLPSIQDPH IU )HOGJHQGDUPH DQVSLHOHQG DXI GHUHQ 0HVVLQJVFKLOGHU GLH VLH DQ +DOVNHWWHQ YRU GHU %UXVWWUXJHQ@HUIROJORVZLHGHUDE]LHKHQ -HGHQ 7DJ EHUZDFKWH GHU .RPPDQGDQW SHUV|QOLFK GHQ ,QIDQWHULHGLHQVW (U JHEUDXFKWH GDEHL 6FKLNDQHQ GLH EH VRQGHUVGLH+DQGZHUNHUVROGDWHQHPS|UWHQ2IWZDUGLHVHU RGHU MHQHU 0RQWHXU QDKH GDUDQ GHP Ä0RQRNHOKXQG³ PLW GHP *HZHKUNROEHQ GHQ 6FKlGHO HLQ]XVFKODJHQ 'RFK GDQQ NDP JHUDGH HLQ YLHUWHOVWQGLJHV Ä6WLOOJHVWDQGHQ³ LQ GHVVHQ 6WLOOH GLH IODQGULVFKH )URQW ZDUQHQG KLQHLQJUROOWH 'DHULQQHUWHVLFKMHGHUHUVWLQGHU9RUK|OOHGHV.ULHJHV]X VFKPRUHQXQGEH]ZDQJVHLQH:XW 'HU $UEHLWVGLHQVW ZXUGH ]XU (UKROXQJ 'LH 0RQWHXUH EHJDQQHQXPVRREHUIOlFKOLFKHUGLH0DVFKLQHQ]XSIOHJHQ MHPHKUVLHEHUGDV6WDUWIHOG JHMDJWZXUGHQ 'LH6W|UXQ JHQ DQ GHQ 0RWRUHQ KlXIWHQ VLFK RKQH GD MHPDQGHP YRUVlW]OLFKH 6FKXOG QDFK]XZHLVHQ JHZHVHQ ZlUH (V ZDUHQHLQIDFK)ROJHQXQNRQWUROOLHUEDUHU1DFKOlVVLJNHLW 8QWHUGHVVHQZXUGHGLH)OXJVWDWLRQDNWLY'LH(WDSSHGHV $XIEDXV XQG GHU hEXQJVIOJH ZDU EHHQGHW =X GHQ )RN NHU.DPSIHLQVLW]HUQ KDWWHQ VLFK QRFK %HREDFKWXQJVIOXJ ]HXJHJHVHOOW'LH/HLQZDQG]HOWHZDUHQGXUFKHLQHVWDELOH +DOOHHUVHW]W Ä'HU(UQVWGHV/HEHQVEHJLQQW5LFKDUG³VFKHU]WH/HXW QDQW:DJQHU]XVHLQHP0RQWHXUDOVHU]XPHUVWHQ)URQW IOXJDXIVWLHJ Ä+HUU /HXWQDQW ZHUGHQåV VFKRQ VFKDIIHQ³ HUZLGHUWH 0RQWHXU 5LFKDUG .XPPHU XQG ZQVFKWH :DJQHU Ä+DOV

XQG%HLQEUXFK³ $XFKYRQ%ODFKDV)RNNHUVWDQGVWDUWEHUHLWDXIGHP)HOG (U ZROOWH JOHLFK QDFK :DJQHUV 5FNNHKU DQ GLH )URQW IOLHJHQ 6HLQ 0RQWHXU 0D[ 6DOHZVNL VD LP )KUHUVLW] XQG OLH GHQ 5RWDWLRQVPRWRU ]XU 3UREH GRQQHUQ +LQWHQ LP 3URSHOOHUOXIW]XJ VWDQG 6LPPHULQJ XQG GUFNWH GHQ )OXJ]HXJVFKZDQ] QDFK XQWHQ GDPLW HV NHLQHQ .RSIVWDQG JlEH $OV 6DOHZVNL GHQ 0RWRU DXVJHVFKDOWHW KDWWH NOHWWHUWH +HLQ ]X LKP KLQDXI XQG OLH VLFK GLH %HGLHQXQJ GHU 0D VFKLQHHUNOlUHQ(UIUDJWHGLHVXQGGDVXQGVFKOLHOLFKRE HV VWLPPH GD HLQH 3ULVH )HLOVSlQH JHQJH XP ÄGHP 0RQRNHOIULW]HQ PLW VHLQHU 0DVFKLQH GDV :LHGHUNRPPHQ ]XYHUVDO]HQ"³ 6DOHZVNL EOLQ]HOWH GHQ )UDJHQGHQ YHUVWlQGQLVLQQLJ DQ GDQQWXSIWHHULKQPLWGHP=HLJHILQJHUYRUGLH6WLUQÄ$XI ZDVVRHLQROOHUHKUOLFKHU6HHPDQQNRPPWZHQQPDQLKQ WULH]W³8QGVLFKXPEOLFNHQGRENHLQHU]XK|UHEHVWlWLJWH HU LKP GD ZLUNOLFK QXU HLQ ELFKHQ 0HWDOOVWDXE DXVUHL FKHYRQ %ODFKD DXI GLH 9HUOXVWOLVWH ]X VHW]HQ Ä$EHU «³ 6DOHZVNLV0LHQHYHUGVWHUWHVLFKÄMHGH.LVWHGLHDXIGHQ 3LQVHO IlOOW ZLUG XQWHUVXFKW ZDUXP VLH DEJHWUXGHOW LVW 8QG ILQGHW PDQ HWZDV 9HUGlFKWLJHV KHLW HV ZR LVW GHU 0RQWHXU"³ Ä:HQQ VLH DEHU KLQWHU GHU )URQW DEVWU]W"³ 6LPPHULQJ VDKGHQ.DPHUDGHQJURDQÄ'HU)UDQ]PDQQGHU7RPP\ ZHUGHQGHQ'HXWVFKHQNDXPPHOGHQZDUXP«³ Ä*HQDX VR ZLH VLFK GDV HLQ /DLH YRUVWHOOW³ VFKQLWW LKP 6DOHZVNLGDV:RUWDEÄ1HLQPHLQ-XQJHHLQSUlSDULHUWHV )OXJ]HXJNRPPWYRQKLHUDXVHUVWJDUQLFKW]XU)URQW8QG EHUKDXSWZDVKDVWGXGDYRQ"(LQ6FKLQGHUJHKWKRSVHLQ DQGHUHUWULWWDQVHLQH6WHOOH1HLQQHLQ6HHPDQQGDPXW

GXGLUVFKRQHWZDV.OJHUHVDXVGHQNHQ³ Ä:DV]XP %HLVSLHO 0D["³ 6LPPHULQJ LQ VHLQH KDHU IOOWHQ*HGDQNHQYHUERKUWOLHVLFKQLFKWDEZHLVHQ 'D VWHFNWH 6DOHZVNL GHQ .RSI EHU GHQ 5DQG GHV )K UHUVLW]HVXQGVHLQH6WLPPH]XP5DXQHQGlPSIHQGVDJWH HU Ä:DV VLFK GLH UHYROXWLRQlUHQ 0DWURVHQ 0D[ 5HLFK SLHWVFK XQG $OZLQ .|EHV EHL HXFK LQ GHU )ORWWH .DUO /LHENQHFKW XQG 5RVD /X[HPEXUJ LQ %HUOLQ XQG GLH %RO VFKHZLNHQLQ5XODQGDXVJHGDFKWKDEHQEHJULIIHQ"³ +HLQYHU]RJVHLQ*HVLFKWÄ'DVLVW3ROLWLN³ZHKUWHHUDE Ä:LH ZHLW PDQ GDPLW NRPPW KDEHQ ZLU HUOHEW 5HLFK SLHWVFK XQG .|EHV VLQG HUVFKRVVHQ /LHENQHFKW XQG /X [HPEXUJVLW]HQLP=XFKWKDXVGHU.ULHJJHKWZHLWHU³ Ä$EHU VLH XQG GLH 5XVVHQ KDEHQ XQV JH]HLJW ZLH PDQ PLW GHQ 0HQVFKHQVFKLQGHUQ 6FKOX PDFKW «³ 'HU LP )OLHJHUGUH KHUDQVWDNHQGH .RPPDQGDQW KLQGHUWH 6DOHZV NL GDUDQ DXVIKUOLFKHU ]X ZHUGHQ (U VSUDQJ DXV GHP )KUHUVLW]XQGPHOGHWHGLH0DVFKLQHVWDUWEHUHLW 9RQ%ODFKDGDQNWHNDXPVWHOOWHHLQLJHVDFKOLFKH)UDJHQ RKQH GHQ 0RQWHXU HLQHV %OLFNHV ]X ZUGLJHQ GDQQ VWLHJ HU HLQ 'DV )OXJ]HXJ HUKRE VLFK EHU GHU 6WHOOH ZR HLQVW GHU%LUQEDXPJHVWDQGHQKDWWH Ä'D GLFK GHU 7RPP\ O|FKHUW ZLH HLQ .DIIHHVLHE³ PXUUWH 6DOHZVNL GHP QDFK :HVWHQ YHUVFKZLQGHQGHQ )OXJ]HXJQDFK Ä1DDOVR0D[³ODFKWH+HLQÄ'DQQVLQGZLUXQVMDZLH GHUHLQLJ³ Ä,QGHP3XQNWVFKRQ³UlXPWHGHU0RQWHXUHLQXQGKRE ZDUQHQGGHQ)LQJHUÄ$EHUQXULQGHP3XQNW+HLQ'HQN GDUDQ³ $OOPlKOLFKVLFNHUWHHVGXUFKGDPDQK|KHUHQ2UWVQLH

GDUDQ JHGDFKW KDWWH *URIOXJ]HXJH NQDSS GUHLLJ .LOR PHWHUKLQWHU2VWHQGHGHPOHW]WHQJU|HUHQ(WDSSHQRUWYRU GHU )URQW ]X VWDWLRQLHUHQ 6RPLW ZDU GHU %DXP VLQQORV JHRSIHUWZRUGHQ 'HU 6FKXOGLJH ELVKHU JHKDW YHUILHO GHU DOOJHPHLQHQ 9HUDFKWXQJ 6HOEVW /HXWQDQW :DJQHU PLHG YRQ %ODFKD ZHQQ HU QXU NRQQWH (U YHUEDUJ NDXP VHLQH %HIULHGLJXQJ EHUGHQQHXHQ6WUHLFKDXVGHP'XQNHOEURGHOQGHU+HLP OLFKNHLW 'D VWDQG HLQHV 0RUJHQV DQ GHQ 6WXPSI GHV %DXPHVJHQDJHOWHLQ.UHX]'LH,QVFKULIWXQEHKROIHQPLW URWHU)DUEHJHPDOWOHXFKWHWH]XU&KDXVVHHKLQ 'HU%LUQEDXPGHUKLHUVWDQG GHUILHOYRQ/XPSHQKDQG

2EHUOHXWQDQW YRQ %ODFKD WREWH YHUVFKlUIWH GHQ ,QIDQWH ULHGLHQVW GXUFK QlFKWOLFKH 3UREHDODUPH YHUOlQJHUWH GLH $XVJDQJVVSHUUH XQG JDE GHU 6FKUHLEVWXEH $QZHLVXQJ QLFKW HKHU $QWUlJH DXI +HLPDWXUODXE HQWJHJHQ]XQHKPHQ ELV VLFK ]X GHQ 6DERWHXUHQ GLH 6FKPLHUDQWHQ JHPHOGHW KlWWHQ 1DFK $QEUXFK GHU 'XQNHOKHLW EUDFKWH +HLQ 6LPPHULQJ GDV ]ZDU EHIHKOVPlLJ DEJHEURFKHQH DEHU QLFKW YHUQLFK WHWH .UHX] ]X $QWMH .RUWU\N Ä9HUZDKUH HV DOV (ULQQH UXQJVVWFNDQGHQ.ULHJDQGHQ%DXPXQG«DQPLFK³ $QWMH ZROOWH HV QLFKW KDEHQ 6LH VDJWH LKU 9DWHU EH IUFKWHHLQHSO|W]OLFKH+DXVVXFKXQJXQGZHQQPDQHWZDV %HODVWHQGHV IlQGH ZlUH HV PLW GHP +RI YRUEHL $EHU WURW]GHPGDQNHVLHLKPIUDOOHVZDVHUIUVLHJHWDQKDEH 6HLWGHP HV YRU GHP +DXV DP %DXP NHLQH %DQN PHKU JDEVDHQVLHIDVWDOOH$EHQGHPDO]XGULWWPLWGHP%DX HUQPDORKQHLKQKLQWHQLP+RIDXIGHUQHXJH]LPPHUWHQ

%DQN+HXWHWUDIHVVLFKGD9DWHU.RUWU\NQRFKLP6WDOO EHVFKlIWLJWZDU 6LPPHULQJV %HVXFKH KDWWHQ VLFK QLFKW YRQ VHOEVW HUJH EHQ $QJHEOLFK NRQQWH HU GDV %HQ]LQ IU GLH JHVFKHQNWH /DPSHVWHWVQXULQNOHLQHQ0HQJHQQDFKOLHIHUQ+LQJHJHQ ZDU GDV 'X ]ZLVFKHQ GHQ EHLGHQ QDFK G|UIOLFKHU $UW ZLH YRQDOOHLQJHNRPPHQ $OV$QWMHLKPJHGDQNWXQGGLH+DQGJHJHEHQKDWWHKLHOW HUVLHIHVWZLHIULPPHU6FKPHU]OLFKZXUGHLKPEHZXW GDHUVLHDOV'HXWVFKHUQXUDOV/RKQIUHLQHJURH/LHEHV WDWEHKDOWHQGUIH Ä,FKKDEHPHLQHP9DWHUELVKHUQRFKQLFKWV JHVDJW³ JH VWDQG$QWMHÄ(UKDWEHUJHQXJ6RUJHQ8QGGLUZROOWHLFK HV DXFK YHUVFKZHLJHQ $EHU LFK ZHL PLU NHLQHQ 5DW PHKU³ Ä6SULFKGLFKUXKLJDXV³HUPXQWHUWH+HLQVLHÄ'XZHLW PLWPLUNDQQVWGX3IHUGHVWHKOHQ³ $QWMH JLQJ DXI GHQ 7RQ QLFKW HLQ Ä$P 7DJH DOV GHU %DXPJHIlOOWZXUGHDOV9DWHUPLWGLULQ%UJJHZDUNDP GHU.RPPDQGDQW]XPLU«³ Ä$OVRGRFK³XQWHUEUDFKVLH+HLQGXPSIÄ'LH.DPHUD GHQ VSUDFKHQ GDYRQ $EHU ZHLO GX QLH GDYRQ DQILQJVW JODXEWHLFKHUZlUHQXUXPGDV+DXVKHUXPJHVWULFKHQ³ Ä1HLQ HU LVW RKQH DQ]XNORSIHQ ]X PLU LQ GLH 6WXEH HLQ JHGUXQJHQ³ Ä'HU .ORW]³ +HLQ lFK]WH YRU +D XQG =RUQ Ä:DV ZROOWHHU³IUDJWHHUVLFK]XU5XKH]ZLQJHQG Ä0LFK«³6FKHX]RJVLHLKUH+DQGDXVGHUVHLQHQ :DV HU DXV /LHEH RKQH (UPXQWHUXQJ QLH JHZDJW KlWWH JHVFKDK MHW]W LPSXOVLY (U ]RJ $QWMH DQ VLFK SUHWH VHLQ *HVLFKWDQLKUH:DQJHXQGGURKWHÄ6RODQJHLFKOHEHZLUG «³

Ä:LOOVW GX GLFK XQG XQV XQJOFNOLFK PDFKHQ"³ IOVWHUWH VLHYRQVHLQHU(QWVFKORVVHQKHLWHUVFKURFNHQ Ä,FKZLOOGLFK$QWMHVRZLHLFKGLFKMHW]WIHVWKDOWH³(U ERJLKUHQ.RSI]XUFNXQGNWHVLHGDVHUVWH0DO $QWMH UDQJ XP LKUHQ $WHP Ä+HLQ «³ 1LH YRUKHU KlWWH VLHJHJODXEWGDGLHVHUIUHPGH1DPHLKUVROHLFKWEHUGLH /LSSHQ JHKHQZUGH$EHU YLHOOHLFKW ZDU HV LPPHU VR ² PXWHGHU0XQGHUVWZLOOLJJHNWZHUGHQ Ä$QWMH/LHEHVODQJHNDQQHVQLFKWPHKUGDXHUQPLWGHP .ULHJ«³ :lKUHQG HLQLJHU 3XOVVFKOlJH KRUFKWH VLH ZLH LP 7UDXP DXIVHLQ5DXQHQQDKHLKUHP2KU Ä«XQGZHQQ)ULHGHLVW³ 0LW HLQHP XQWHUGUFNWHQ 6FKUHL ZHKUWH VLH LKQ DE Ä2 *RWW³NDPHVZLHHLQ6HXI]HUEHULKUH/LSSHQÄGDVNDP ]XIUK³ Ä%HVVHU ]X IUK DOV JDU QLFKW³ ODFKWH +HLQ VHOLJ XQG VWRO] 6LH RUGQHWH LKU +DDU Ä$EHU LFK ZROOWH HV ZLUNOLFK QLFKW³EHWHXHUWHVLHGDEHLÄ:DVZLUG9DWHUGD]XVDJHQ"³ Ä$PHQ³ PHLQWH HU VFKODJIHUWLJ XQG ZROOWH VLH HUQHXW XPDUPHQ:HLFKDEHUEHVWLPPWHQW]RJVLHVLFKLKPÄ'X JHK|UVW ]X GHQ 0HQVFKHQ YRQ MHQVHLWV GHU &KDXVVHH +HLQ³ 'D ZDU VLH ZLHGHU GLH *HJHQZDUW PLW GHU JHVWRKOHQHQ XQGJHVFKOHLIWHQ:LHVHPLWGHPJHIlOOWHQ%DXPXQGGHP .RPPDQGDQWHQ GHU LKP GDV 0lGFKHQ QHKPHQ ZROOWH Ä-D$QWMH³EHWHXHUWHHUWLHIQDFKGHQNOLFKÄLFKJHK|UH]X GHQ /HXWHQ YRQ GUEHQ $EHU ]X GHQHQ GLH VHOEVW LP .ULHJDQVWlQGLJJHEOLHEHQVLQGKRIIHLFK+DEå LFKGLU« KDEå LFKHVHXFKQLFKWEHZLHVHQ"³ Ä:UGH LFK GLFK VRQVW «³ 9HUVFKlPW GDV *HVWlQGQLV LKUHU/LHEH]XUFNKDOWHQGEHJDQQVLHQRFKHLQPDOÄ:U

GHLFKVRQVWQHEHQGLUKLHUDXIGHU%DQNVLW]HQ"³ Ä$QWMH³,KU1DPHNODQJGLHVPDOZLHHLQ*HO|EQLVÄ,FK ZHUGåV ZHLWHUKLQ EHZHLVHQ GD HV JXWH 'HXWVFKH JLEW³ 1DKHQGH6FKULWWHOLHHQLKQYHUVWXPPHQÄ'DLVWMHPDQG³ UDXQWHHUDXIVSULQJHQG $XFK$QWMHVFKQHOOWHYRQGHU%DQNKRFKODXVFKWHLQGLH 'XQNHOKHLW XQG XPNODPPHUWH VHLQHQ $UP Ä(U NRPPW VFKRQZLHGHU³VW|KQWHVLH Ä:HUGHU.RPPDQGDQW"³ Ä6HLQ %XUVFKH *HVWHUQ PLWWDJ KDW HU LKQ ]XP HUVWHQ 0DOH]XPLUJHVFKLFNW³ Ä:DVVROOHU"³ Ä0LFKKROHQ³ +HLQVWLHHLQHQ)OXFKGXUFKGLH=lKQHHUJULIIGDVXQWHU GHU %DQN OLHJHQGH .UHX] UL GLH 4XHUODWWH PLW GHU ,Q VFKULIWDEXQGZROOWHVFKRQGDPLWXPGLH(FNHGHV+DXVHV VWUPHQ$QWMHKLHOWLKQIHVW Ä%OHLE³EHIDKOVLHLQ+HU]HQVDQJVWXPLKQÄ'XPDFKVW DOOHV QRFK VFKOLPPHU³ 6LH GUlQJWH GHQ ZLGHUVWUHEHQG *HKRUFKHQGHQLQGHQ+DXVIOXU Ä«:HQQLFKKHXWHDEHQGDOOHLQ]XUFNNRPPH JODXEW HU 6LH ZROOHQ LKQ EHUKDXSW QLFKW EHVXFKHQ³ K|UWH +HLQ JHUDGHGHQ%XUVFKHQVDJHQ Ä-D DEHU PHLQ *RWW³ VWRWWHUWH $QWMH VHLQH $QWMH PLW UKUHQG NOHLQHP 6WLPPFKHQ ÄZHQQ LFK GRFK NUDQN ELQ «³ Ä.RPPHQ6LHPLWXQGVDJHQ6LHHVLKPVHOEVW³GUlQJWH 5XIIHQDFKGDUDXIVRZLGHUOLFKHLQVFKPHLFKHOQGGD6LP PHULQJPLWGHQ=lKQHQNQLUVFKWH (LQLJH $WHP]JH ODQJ EOLHE HV DP 9RUGHUHLQJDQJ VWLOO 'DQQ K|UWH GHU /DXVFKHU 3DSLHU UDVFKHOQ XQG 5XIIHQDFK VDJHQÄ.DYDOLHUZLHHULVWKDWHUPLUIU6LHHWZDV)HLQHV

PLWJHJHEHQ +LHU ULHFKHQ 6LH PDO 6HLIH SULPD SDUI PLHUW 'LH JLEWåV LQ JDQ] %HOJLHQ QLFKW PHKU³ 'LHVHV $QJHERW ZDU ]XYLHO IU 6LPPHULQJV %HKHUUVFKXQJ (U VSUDQJDXIGHQ%XUVFKHQORVVFKOXJLKPPLWGHU/DWWHGHQ 6HLIHQNDUWRQDXVGHU+DQGXQGSDFNWHLKQDP.UDJHQÄ'X VFKPLHULJHU .QHFKW³ GURKWH HU DXHU VLFK ÄGLU ZHUGH LFKåV ]HLJHQ HLQ DQVWlQGLJHV 0lGFKHQ ]X EHOHLGLJHQ 1LFKW JHQXJ GD LKU HV LQ HXUHQ )OLHJHUKDUHP YHUVFKOHS SHQZROOWVROOåVDXFKQRFKSDUIPLHUWVHLQ³(UVFKWWHOWH GHQ%XUVFKHQZLHHLQHQ+XQGXQGKREVFKRQGLH)DXVWPLW GHU/DWWHXPVLHDXIVHLQHQ.RSIQLHGHUVDXVHQ]XODVVHQ DOV$QWMHLKPLQGHQ$UPILHO Ä+HLQ³ ,KUH 6WLPPH ZDU MHW]W PHVVHUVFKDUI Ä6FKOlJVW GX]XKROå LFKGHQ9DWHU8QGGDQQLVWDOOHVDXV³ (VZDUPHKU GHU 7RQ DOV LKUH :RUWH GLH LKQ ]XU %HVLQ QXQJ EUDFKWHQ (U OLH GHQ %XUVFKHQ ORV XQG VFKOHXGHUWH GDV+RO]VWFNYRQVLFK $QWMH QDKP +HLQ EHLVHLWH IOVWHUWH LKP KDVWLJ LQV 2KU Ä0LU KLOIW QXU =HLW ]X JHZLQQHQ³ 8QG ]X 5XIIHQDFK JHZDQGW EDW VLH HU P|FKWH LKU ]XOLHEH VHLQHP +HUUQ QLFKWVGDYRQEHULFKWHQZDVKLHUJHVFKHKHQVHL 'HU %XUVFKH YHUVSUDFK HV LKU PLW VFKHXHP 6HLWHQEOLFN DXI 6LPPHULQJ XQG IUDJWH QLFKW ZHQLJHU LQ $QJVW YRU VHLQHP+HUUQZDVHUEHVWHOOHQVROOH Ä:DV LFK ,KQHQ VFKRQ VDJWH³ HUZLGHUWH $QWMH Ä(QW VFKXOGLJHQ 6LH PLFK PLW .UDQNKHLW³ 5DVFK KRE VLH GHQ 6HLIHQNDUWRQYRQGHU(UGHDXIXQGGUFNWHLKQ5XIIHQDFK LQ GLH +DQG Ä)U ,KUH 0KH³ VDJWH VLH XQG YHUVFKZDQG LQV+DXV ,QJUROOHQGHP6FKZHLJHQYHUOLHHQGLHEHLGHQ0DWURVHQ GHQ +RI %HYRU VLH VLFK DXI GHU &KDXVVHH WUHQQWHQ VWLH +HLQGHQDQGHUHQPLWGHP(OOHQERJHQLQGLH6HLWHÄ'HQN

GUDQZDVGLU$QWMHJHVDJWKDW(LQ:RUW]XYLHOYRQKHXWH DEHQG ]XP .QDOONRSS XQG GX VLHKVW GLH +HLPDW QLFKW ZLHGHU³ (U KLHOW LQQH ZLH XP VHLQH 'URKXQJ ZLUNHQ ]X ODVVHQ XQG VFKOR Ä6FKOLHOLFK ZLUGåV =HLW GD DXFK GX GLFK DOV 2IIL]LHUVEXUVFKH GDUDXI EHVLQQVW ZRKLQ GX JH K|UVW³

(LQH YRQ GHU 'HFNH KHUDEKlQJHQGH *OKELUQH EHOHXFK WHWHWUEGLH:RKQEDUDFNH'UHL0DWURVHQVSLHOWHQ6HFKV XQGVHFK]LJHLQYLHUWHUVWRSIWHVHLQH6WUPSIHXQGHLQLJH DQGHUHODJHQLQGHQ.RMHQXQGSODXGHUWHQ6LPPHULQJVD DP7LVFKEHLP$EHQGEURW 0LWHLQPDOKRUFKWHHUDXI(LQHUGHU0DWURVHQEHULFKWHWH YRQHLQHP)URQWIOXJGHQHUDOVJHOHJHQWOLFKHU%HREDFKWHU PLWJHPDFKWKDEHQZROOWH Ä«-DXQGGDQQIlQJWDXIGHP5FNIOXJSO|W]OLFKGHU 0RWRUDQ]XVSXFNHQ 'HU 7RXUHQ]lKOHU JHKW ]XUFN XQG EHYRU PHLQ 3LORW GDV *DV ZHJQHKPHQ NDQQ VWHKW GHU 3URSHOOHUZLHHLQ %UHWW'LH0DVFKLQHWUXGHOWLP.RUNHQ ]LHKHU KHUXQWHU XQG NQDSS KLQWHU XQVHUHQ /LQLHQ JLEWåV HLQH1RWODQGXQJPLW.RSIVWDQG0HLQ3LORWXQWHUVXFKWGHQ ODKPHQ9RJHOHQWGHFNWHLQSDDU:DVVHUWURSIHQXQGZLHHU GHU6SXUQDFKJHKWNRPPWåVKHUDXV'LH*XPPLVWXW]HQDQ GHU 9HUELQGXQJ GHU .KOZDVVHUOHLWXQJ VLQG ZLH =XQGHU ]HUIUHVVHQ8QGXQVHUHLQHUZXQGHUWHVLFKGDNHLQ.KO ZDVVHU GD ZDU )QI 0LQXWHQ IUKHU GDV 0DOKHXU ZlUHQ ZLUSURPSWEHLP)UDQ]PDQQJHODQGHW³ Ä7MDVRJHKWåV]XLP.ULHJ³NQXUUWHHLQHUGHU =XK|UHU Ä(LQ IDXOHU *XPPLULQJ XQG VFKRQ VWHKVW GX LQ GHU +HO GHQOLVWH³ Ä8QG ZHLW QLFKW ZDUXP XQG ZRIU³ EHHQGHWH GHU GULWWHGLH8QWHUKDOWXQJ

8PVLFKNHLQ:RUWHQWJHKHQ]XODVVHQKDWWH6LPPHULQJ ]XHVVHQDXIJHK|UW-HW]WNDXWHHUJHGDQNHQVFKZHUZHLWHU *OHLFK QDFK GHP $EHQGEURW OHJWH HU VLFK QLHGHU 'LH $XJHQ JHJHQ GLH %UHWWHU GHU REHUHQ .RMH JHULFKWHW NUHL VWHQ VHLQH *HGDQNHQ XP GDV VRHEHQ *HK|UWH YHUGLFKWHWH VLFK LQ LKP DXV +D XQG /LHEH GHU 3ODQ ]XU JURHQ %H ZlKUXQJZLHHUVLHEHJULII$OVPDQLKQNXU]YRU0LWWHU QDFKW ]XU $EO|VXQJ IU GHQ :DFKGLHQVW LQ GLH )OXJ]HXJ KDOOHKROWHVWDQGVHLQ(QWVFKOXIHVW $XI GHP :HJH ]XU +DOOH EHJHJQHWH HU 0D[ 6DOHZVNL GHU PLW 5LFKDUG .XPPHU YRQ XQHUODXEWHP $XVJDQJ ]X UFNNDP 0D[ GUFNWH LKP HLQ EHGUXFNWHV 3DSLHU LQ GLH +DQG Ä'DPLW GLU DXI :DFKH GLH =HLW QLFKW ODQJ ZLUG +HLQ³ 1XU VSlUOLFK EHOHXFKWHWHQ GUHL 1RWODPSHQ GLH QDFK DX HQ KLQ DEJHEOHQGHWH +DOOH ,Q GLHVHP /LFKW lKQHOWHQ GLH LQ]ZHL5HLKHQDXVJHULFKWHWHQ)OXJ]HXJHJHVSHQVWHUKDIWHQ 5LHVHQY|JHOQ +HLQ6LPPHULQJYRP(LQJDQJGXUFKGLHYRUGHUH5HLKH GHU )OXJ]HXJH JHGHFNW VWDUUWH EHLP 6FKHLQ VHLQHU 7D VFKHQODPSHDXIGDVKHNWRJUDSKLHUWH)OXJEODWWGHVÄ6SDUWD NXVEXQGHV³'HU6LQQGHV$XIUXIVDQGLH6ROGDWHQHQGOLFK PLWGHP.ULHJ6FKOX]XPDFKHQZXUGHLKPMHGRFKQLFKW NODU 6HLQH *HGDQNHQ EOLHEHQ EHL GHU HLQPDO JHIDWHQ $EVLFKW0LWGHP9RUVDW]HV6DOHZVNL]XOLHEHVSlWHUVRUJ IlOWLJ ]X OHVHQ IDOWHWH HU GDV %ODWW ]X HLQHP VFKPDOHQ 6WUHLIHQXQGYHUVWHFNWHHVKLQWHUGHP6FKZHLOHGHUVHLQHU 0W]H 1DFKGHPHUQRFKHLQPDOLP0LWWHOJDQJKLQXQGKHUJH ZDQGHUW ZDU VWRFNWH VHLQ )X YRU GHP (LQVLW]HU GHV .RPPDQGDQWHQ 'LH 0DVFKLQH VWDQG XQWHU GHU PLWWOHUHQ 1RWODPSH

'DV+HU]VFKOXJLKPELV]XP+DOVDOVHULQGLHgIIQXQJ GHU%OHFKYHUNOHLGXQJJULII0LWGHU/DPSHLQGLH0DVFKL QHKLQHLQODQJHQGNQLSVWHHUHUVWGULQQHQGDV/LFKWDQ =XQlFKVWYHUZLUUWHLKQGDVLQVLFKYHUVFKOXQJHQH'XUFK HLQDQGHU YRQ 6WDKO $OXPLQLXP XQG .XSIHU 'LH JHZXQ GHQHQ 5RKUH GLH /DVFKHQ XQG 9HUVWHLIXQJHQ GLH 'UlKWH GLH 6WDQJHQ +HEHO 6WHXHUXQJV]JH .UlQFKHQ XQG 6FKPLHUW|SIH PDFKWHQ LKQ XQVLFKHU 'RFK KDWWH HU QLFKW XPVRQVW DOOHV GDUDQJHVHW]W XP LQ GDV *HKHLPQLV GHU )OXJPHFKDQLNHLQ]XGULQJHQ$OOPlKOLFKHQWKOOWHVLFKLKP 6LQQXQG=ZHFNGLHVHVRGHUMHQHV7HLOVXQGEDOGEHWDVWHWH VHLQH+DQGGDVZDVHUVXFKWH 6HLQ HUVWHU 9HUVXFK PLODQJ 6WUDPP ZLH DQJHJRVVHQ VD GHU *XPPLVWXW]HQ GRUW ZR GLH EHLGHQ 5RKUH GHU .KOZDVVHUOHLWXQJ ]XVDPPHQVWLHHQ ,KQ RKQH :HUN]HXJ DE]XQHKPHQZDUXQP|JOLFK 'HU :LGHUVWDQG EHJDQQ LKQ ]X UHL]HQ HQWIODPPWH GHQ JOLPPHQGHQ +D DXI GHQ GHU LKQ XQG VHLQH .DPHUDGHQ ZLH 'UHFN EHKDQGHOWH XQG GHU VHLQ 0lGFKHQ YHUGHUEHQ ZROOWH-HW]WY|OOLJ]XU7DWHQWVFKORVVHQEHUOHJWHHUNKO XQG VDFKOLFK ,KP ILHO DOV $XVZHJ 0D[ 6DOHZVNLV :HUN ]HXJNDVWHQHLQ 1DFKGHP HU PLW GHU .OLQJH VHLQHV %RUGPHVVHUV GDV 6FKOR JH|IIQHW KDWWH VDK HU LQ GHU 6FKXEODGH ]ZLVFKHQ DOOHQP|JOLFKHQ:HUN]HXJHQGHQ8QLYHUVDOVFKOVVHO$EHU HUHQWGHFNWH JOHLFK]HLWLJ GUHL DOWH *XPPLVWXW]HQ GLH LKP IU VHLQH $EVLFKW SDVVHQG HUVFKLHQHQ (U QDKP GHQ VFKOHFKWHVWHQDQVLFK]RJGHVVHQ$OWHUVULVVHPLWGHU0HV VHUVSLW]HQDFKXPLKQLQHLQHQQRFKKLQIlOOLJHUHQ=XVWDQG ]XYHUVHW]HQXQGEHJDQQVHLQKHLPOLFKHV:HUN Ä'X0D[³IOVWHUWH]XUJOHLFKHQ=HLWLQGHU0RQWHXUED

UDFNH5LFKDUG.XPPHUVHLQHP)UHXQG6DOHZVNL]XÄ%LVW GX VLFKHU GD GLHVHU 6LPPHULQJ PLW XQVHUHP )OXJEODWW YRUVLFKWLJXPJHKW"³ 0D[ZLHJWHGHQ.RSIÄ(LQJXWHU.DPHUDGLVWHUVFKRQ GHURVWIULHVLVFKH'LFNVFKlGHO³JDEHUOHLVH]XUFNÄ$EHU RE +HLQ ZHL ZLH YLHOH -DKUH =XFKWKDXV GDUDXI VWHKHQ ZHQQ GDV )OXJEODWW EHL LKP JHIXQGHQ ZLUG ZHL LFK QLFKW³ Ä'DQQ VDJåV LKP³ HQWVFKLHG 5LFKDUG .XPPHU Ä1RFK KHXWHQDFKW$PEHVWHQJOHLFK0D[³ 6DOHZVNL QLFNWH ]RJ VLFK VHLQHQ 5RFN ZLHGHU DQ XQG JLQJQDFKGUDXHQ 9RU GHU )OXJ]HXJKDOOH DQJHNRPPHQ |IIQHWH HU EHKXW VDPGLHNOHLQH7ULPJURHQ6FKLHEHWRUXQGWUDWKLQHLQ :DFKSRVWHQ6LPPHULQJZDUQLUJHQGV]XVHKHQ$XIGHQ )XVSLW]HQ VFKOLFK 0D[ LQ GHQ 0LWWHOJDQJ (LQ OHLVHV PHWDOOLVFKHV*HUlXVFKGUDQJDQVHLQ2KU=XJOHLFKGXUFK IXKU LKQ HLQ HLVLJHU 6FKUHFN 6LPPHULQJ KDQWLHUWH LQ GHU 1lKH GHU 0DVFKLQH IU GLH HU 0RQWHXU 0D[ 6DOHZVNL YHUDQWZRUWOLFKZDU Ä1DQX +HLQ SIXVFKVW GX PLU LQV +DQGZHUN"³ 0LW GLH VHQ :RUWHQ JLQJ 6DOHZVNL DXI GHQ hEHUUDVFKWHQ ]X GHU VLFKHUVFKURFNHQXPVDK $XHUVWDQGH DXFK QXU HLQ :RUW ]X VWDPPHOQ EOLFNWH +HLQLKQPLWURWHP.RSIDQ 0D[ QDKP GHP :LOOHQORVHQ HLQHQ *XPPLULQJ DXV GHU +DQGEHWUDFKWHWHLKQXQGSILIIGXUFKGLH=lKQH,KPZDU GDV*HVSUlFKPLW+HLQHLQJHIDOOHQHUZXWHQXQZDVGHU DQGHUH YRUJHKDEW KDWWH Ä=XUFN GDV *DQ]H³ NRPPDQ GLHUWHHUPLWXQKHLPOLFKHU5XKHQDKP+HLQV7DVFKHQODP SHDQVLFKXQGOHXFKWHWHLQGHQ)OXJ]HXJUXPSI :lKUHQG PLW JHEWHU +DQG GLH 5RKUOHLWXQJ ZLHGHU LQ

2UGQXQJ JHEUDFKW ZXUGH VWDQG 6LPPHULQJ GDQHEHQ HU KLHOW GHQ .RSI JHVHQNW 6FKOLHOLFK EUDFK HV DXV LKP KHUDXVÄ:LUVWGXPLFKPHOGHQ0D["³ 6DOHZVNLDQWZRUWHWHQLFKW(UZLQNWHGHP(UWDSSWHQ]X LKP]XIROJHQ ,PPHU QRFK VFKZHLJHQG OHJWH GHU 0RQWHXU GDV :HUN ]HXJVRZLHGLHDOWHQULVVLJHQ*XPPLVWXW]HQLQGHQ.DVWHQ ]XUFNXQGEUDFKWHGDVDXIJHEURFKHQH6FKORGHV:HUN ]HXJNDVWHQVZLHGHU]XP6FKOLHHQ (UVW MHW]W QDFKGHP NHLQH 6SXU GHU QlFKWOLFKHQ $UEHLW PHKUVLFKWEDUZDUVDJWHHUÄ:RKDVWGXGDV)OXJEODWW"³ 'HU *HIUDJWH WLSSWH DQ VHLQH 0W]H Ä+DEåV XQWHUP 6FKZHLOHGHUYHUVWHFNW³ Ä$OVR QRFK QLFKW JHOHVHQ"³ 8QG DOV +HLQ HV VWXPP ]X JHJHEHQ KDWWH IJWH 0D[ KLQ]X Ä:DV IUDJH LFK QRFK" :HQQGXHV=HLOHIU=HLOHVWXGLHUWKlWWHVWZlUHGHLQ.RSI MHW]WNODUHU³(UOHJWHVHLQH+DQGDXIGHVDQGHUHQ6FKXOWHU XQGVDJWH HLQGULQJOLFK Ä+HLQ DOWHU 'LFNVFKlGHO EHJUHLIH GRFKZDVLFKGLUGDPDOVVDJWH(VQW]WGLUXQGXQVHLQHQ QDVVHQ 'UHFN ZHQQ GX HLQHQ 0RQRNHOIULW]HQ KRSVJHKHQ OlW :LU PVVHQ DOOH ]XVDPPHQ GLH JDQ]H DGOLJH %DQGH GD]XGLHLQGXVWULHOOHQ*URYHUGLHQHUPLWVDPWLKUHP.DLVHU DOV .ULHJVPDFKHU DXI GLH 9HUOXVWOLVWH VHW]HQ ,VW GDV VR VFKZHU]XEHJUHLIHQ+HLQ"³ 6LPPHULQJ QLFNWH ]XP =HLFKHQ GD HU EHJULIIHQ KDEH 'DQQ DEHU IUDJWH HU JOHLFK ]XP ]ZHLWHQPDO RE LKQ 0D[ PHOGHQZUGH Ä%LQ LFK EO|G"³ HUZLGHUWH 6DOHZVNL UDXK Ä:HQQåV ORV JHKW«XQGDOO]XODQJHGDXHUWHQLFKWPHKU«EUDXFKHQZLU MHGHQ 0DQQ PLW 0XPP LQ GHQ .QRFKHQ XQG *ULSV LP .RSI³ ,Q KHL DXIVWHLJHQGHU 'DQNEDUNHLW ILHO +HLQ 6LPPHULQJ

GHP0RQWHXUXPGHQ+DOVÄ0D[³VWLHHUEHUJOFNOLFK KHUYRUÄGDVZHUGHLFKGLUQLHYHUJHVVHQ³ Ä3DSSHUODSDSS³VFKQLWW6DOHZVNLLKPNKOGDV:RUWDE Ä9HUJLOLHEHUQLHPHLQH:RUWHXQG«³ (UVFKUHFNWKLHOWHULQQH'UDXHQQlKHUWHQVLFK6FKULWWH 'LH7UZXUGH JH|IIQHWXQGKHUHLQWUDW HLQ )lKQULFK 'HU 2IIL]LHUYRP'LHQVW Ä3RVWHQ)OXJ]HXJKDOOHPHOGHW$OOHVLQ2UGQXQJ³ 'HU MXQJH %HREDFKWXQJVIOLHJHU GDQNWH 6LPPHULQJ XQG VDK GHQ 0RQWHXU DQ Ä1D 6DOHZVNL QRFK QLFKW LQ GHU .RMH"³ Ä,FKZDUVFKRQ+HUU)lKQULFK$EHUGLH6RUJHXPPHL QH.KOZDVVHUOHLWXQJKDWPLFKQLFKWVFKODIHQODVVHQ³ Ä*XWH'LHQVWDXIIDVVXQJ³OREWHLKQGHU )lKQULFK JUWH XQGVWRO]LHUWHKLQDXV 'LH EHLGHQ )UHXQGH VDKHQ VLFK PLW YHUVFKPLW]WHP /l FKHOQDQ -HII .RUWU\N $QWMH GHU .QHFKW XQG 6LPPHULQJ VDHQ EHLPVRQQWlJOLFKHQ0LWWDJVPDKO(VJDE6WDPSINDUWRIIHOQ PLW 0LOFK 'HU %DXHU GHU VLFK DQ +HLQV .ODJH EHU GHQ ÄHOHQGHQ 6WDWLRQVIUD³ HULQQHUWH KDWWH LKQ SHUV|QOLFK HLQJHODGHQ 6HLQH+XQJHUNODJHVWHOOWHVLFKLQGHVVHQDOVhEHUWUHLEXQJ KHUDXV.DXPGDHUHLQHQ7HOOHUOHHUDJHVFKZHLJHGD HU $QWMHV 'UlQJHQ QDFKNDP VLFK QRFK ]X EHGLHQHQ $XI LKUHWHLOQHKPHQGH)UDJHRELKPHWZDVIHKOHVFKWWHOWHHU MHGRFK QXU GHQ .RSI XQG EHWHXHUWH Ä'LH :DFKH KHXWH QDFKWLVWPLUHLQELFKHQVFKZHUJHIDOOHQ³ *HUDGH HUKRE GHU %DXHU VHLQ *OlVFKHQ KHLPOLFK JH EUDQQWHQ.DUWRIIHOVFKQDSVXPPLWGHP*DVWDXIEDOGLJHQ )ULHGHQDQ]XVWRHQDOVVHLQH$XJHQDEJOLWWHQXQGGXUFKV

)HQVWHU VWDUUWHQ *HPHVVHQHQ 6FKULWWHV QlKHUWH VLFK GUDX HQ HLQ 0|QFK LQ ZHLHU .XWWH 9HUZLUUW HLOWH GHU +DXV KHUUKLQDXVJHIROJWYRQGHPKLQNHQGHQ.QHFKW $QWMH KDWWH VLFK HUKREHQ Ä2 *RWW³ VHXI]WH VLH Ä-HW]W NRPPWGLH7UHQQXQJ³ +HLQ VSUDQJ HUVFKURFNHQ DXI UL GDV VLFK QXU VFKZDFK ZLGHUVHW]HQGH0lGFKHQLQVHLQH $UPHÄ1DFKGHU1DFKW GLHKLQWHUPLUOLHJW$QWMH³UDXQWHHULKU]XÄNRPPWHLQH 7UHQQXQJ ]ZLVFKHQ XQV QLFKW PHKU LQ )UDJH 5HGH QLH PHKUGDYRQ³ Ä:DVKDVWGXZLHGHUDQJHVWHOOW"³VWLHVLHDQJVWYROOKHU YRUÄ6SULFKEHYRUGHU9DWHU]XUFNNRPPW³ (UVFKWWHOWHGHQ.RSIÄ9LHOOHLFKWHUIlKUVWGXDOOHVVSl WHUPDOQDFKGHP.ULHJ³ $QGHP7RQVHLQHU%HWHXHUXQJPHUNWH$QWMHGDZHLWH UH)UDJHQ]ZHFNORVZDUHQ6LHQDKPVHLQHQ.RSILQEHLGH +lQGH XQG VDJWH DXI GLH 7U GHXWHQG KLQWHU GHU XQYHU VWlQGOLFKHV *HPXUPHO ODXW ZXUGH Ä9DWHU VSUDFK GDYRQ GD ZLU PLW GHQ .KHQ DXI GDV .ORVWHUJXW ]LHKHQ GDV QHEHQGHP+RIPHLQHVHUVFKRVVHQHQ9HWWHUVOLHJW6LFKHU OLFKEULQJWGHU0|QFKGLH(QWVFKHLGXQJGDUEHU³ +HLQKDWWHGLH:RUWHI|UPOLFKYRQLKUHQ/LSSHQDEJHOH VHQ-HW]WDWPHWHHUDXIXQGYHUVLFKHUWHÄ(LQH0HLOH]ZL VFKHQ GLU XQG PLU LVW NHLQH 7UHQQXQJ 'LH EH]ZLQJH LFK QRFKDOOH$EHQGH³ Ä,FKNRPPHGLUDXIKDOEHP:HJHHQWJHJHQ+HLQ³YHU VSUDFKVLHXQGERWLKPGHQ0XQG -HII.RUWU\NNHKUWHLQGLH6WXEH]XUFN0LWYHUOHJHQHP /lFKHOQ VLFK DQ 6LPPHULQJ ZHQGHQG EDW HU LKQ ]X HQW VFKXOGLJHQ $EHU ZLH GHU *DVW VlKH VHL XQHUZDUWHWHU %H VXFK JHNRPPHQ 1XQ PVVH DQJHVSDQQW ZHUGHQ 'LH .LQGHUGHV%UJJHU:DLVHQKDXVHVKlWWHQVFKRQVHLW7DJHQ

NHLQH.DUWRIIHOQPHKU]XHVVHQ 6LPPHULQJ YHUVWDQG 'DV ZDU HLQH $XVODGXQJ JHZHVHQ GLH ]XGHP PLW $QWMHV (UNOlUXQJ YRQ YRUKLQ QLFKW UHFKW EHUHLQVWLPPWH $EHU VWHFNWH HU VHOEVW QLFKW JOHLFKIDOOV YROOHU *HKHLPQLVVH" (U QLFNWH JDE $QWMH PLW IHVWHP 'UXFNGLH+DQGXQGJLQJKLQDXV-HIIEHJOHLWHWHLKQ,QGHU +DXVWU VFKLHQ HU QRFK HWZDV VDJHQ ]X ZROOHQ (U WDW HV QLFKW 'DIU DEHU GUFNWH HU GHP 'HXWVFKHQ GLH +DQG VR IHVWGDGLHVHULKPIRUVFKHQGLQGLH$XJHQVDK $QGHUWKDOE 6WXQGHQ VSlWHU VDK +HLQ YRP )HQVWHU GHU :RKQEDUDFNH DXV GHQ .DUUHQ LQ 5LFKWXQJ %UJJH DEIDK UHQ $XI GHP %RFN VDHQ -HII .RUWU\N XQG $QWMH 'HU .QHFKW OLH GLH %HLQH YRP :DJHQ EDXPHOQ 'LH EHLGHQ .KH WURWWHWHQ DP 6WULFN KLQWHUGUHLQ 'HU ZHLH 0|QFK JLQJQHEHQGHPKRFKEHODGHQHQ:DJHQKHU :LHGHUXPHLQLJH6WXQGHQVSlWHU'DV6RQQWDJVHVVHQGHU )OXJVWDWLRQ ² '|UUJHPVH PLW ]lKHQ 5LQGIOHLVFKIDVHUQ RKQH6DIWXQG.UDIWJHNRFKW²ZDULQJHZDOWLJHQ0HQJHQ YHUVFKOXQJHQ ZRUGHQ -HW]W UlFKWH VLFK GHU .|USHU $OOHV ODJLQEOHLVFKZHUHP6FKODILQGHQ.RMHQ 'DVFKULOOWHLQGHU+DOOHLQDOOHQ%DUDFNHQ:HUNVWlWWHQ XQG /DJHUUlXPHQ GDV $ODUPZHUN 1HUYHQ]HUUHQG ERKUWH VLFK GHU JUHOOH 7RQ LQ GDV %HZXWVHLQ GHU $XIJHVFKUHFN WHQ0LWKXQGHUWPDOJHEWHQ%HZHJXQJHQUDQQWHMHGHUDXI VHLQHQ 3RVWHQ .DXP GD HLQ :RUW ILHO K|FKVWHQV KLHU XQGGRUWHLQ)OXFK 'LH %HUHLWVFKDIWVZDFKH UL GLH 6FKLHEHWRUH GHU +DOOH DXI+HUDXVUROOWHQYRQGHQ0DWURVHQ JH]RJHQGLH )OXJ ]HXJH DXI GDV 6WDUWIHOG 'DV 5DWWHUQ GHU 0RWRUHQ GDV 'RQQHUQ GHU 3URSHOOHU EHJDQQ ,Q ]ZHL $XWRV UDVWHQ DXI GHU &KDXVVHH GHU .RPPDQGDQW XQG GLH 3LORWHQ KHUEHL $XIGHU)DKUWYRQGHU)OLHJHUYLOOD]XP)OXJSODW]NOHLGHWHQ

VLFK GLH 2IIL]LHUH YROOHQGV DQ 9RU NQDSS VLHEHQ 0LQXWHQ KDWWH GLH $ODUPJORFNH DQJHVFKODJHQ XQG VFKRQ NUHLVWHQ GLHHUVWHQ)RNNHUEHUGHU6WDWLRQ 6LPPHULQJ KDOI DP OLQNHQ )OJHO GLH 0DVFKLQH GHV .RPPDQGDQWHQLQ6WDUWULFKWXQJ]XGLULJLHUHQDPUHFKWHQ NHXFKWH0D[6DOHZVNL:lKUHQG+HLQLP+DOEERJHQEHU GLH 5ROOEDKQ OLHI EOLFNWH HU YRQ %ODFKD GHU EHUHLWV LP )KUHUVLW] KDQWLHUWH XQYHUZDQGW DQ :ROOWH HU VLFK GLHVHV KRFKPWLJH YHUOHEWH 2IIL]LHUVJHVLFKW IU LPPHU HLQSUl JHQ" 2EHUOHXWQDQW YRQ %ODFKD VWDUWHWH DOV OHW]WHU GHU .DPSI VWDIIHO (U QDKP DXFK GLHVPDO VHLQ *OFNVPDVNRWWFKHQ PLWHLQLQGLVFKHV*|WWHUPlQQOHLQDXV(EHQKRO] Ä$XHUGHP³ VDJWH 0D[ 6DOHZVNL VSlWHU ÄJOlQ]WHQ YRQ %ODFKDV $XJHQ DOV RE HU VLFK HLQH GRSSHOWH 'RVLV 0RU SKLXPJHQHKPLJWKlWWH«³ 'LH .DPSIVWDIIHO =\QNHHUNH PLW GHP )OXJ]HXJ GHV .RPPDQGDQWHQ DQ GHU 6SLW]H GRQQHUWH ZHVWZlUWV YHU IROJWYRQGHQ%OLFNHQGHV%RGHQSHUVRQDOV,QGLHZLHGHU HLQJHNHKUWH 5XKH GHU VRPPHUOLFKHQ .VWHQODQGVFKDIW JUROOWHGLHIODQGULVFKH)URQWXQKHLPOLFKHUDOVMH

'HV (QJOlQGHUV 6FKZlFKH GHQ 6RQQWDJ DXFK LP .ULHJ GXUFK GLH 5XKH ]X ÄKHLOLJHQ³ ZDU YRQ GHQ 'HXWVFKHQ KlXILJ]XSO|W]OLFKHQhEHUIlOOHQDXVJHQXW]WZRUGHQ=ZDU ZXUGH GXUFK GLHVHQ 7ULFN LP (QGHIIHNW NDXP QRFK HLQ )URQWDEVFKQLWW DXVJHEXFKWHW RGHU DXIJHUROOW $EHU HV PDFKWHVLFKLPPHUQRFKJXW ZHQQ LP +LQWHUODQG GLH DP .ULHJ 9HUGLHQHQGHQ LQ GHQ =HLWXQJHQ OHVHQ NRQQWHQ GD HV XQVHUHQ KHOGHQKDIW YRUJHKHQGHQ 7UXSSHQ GD XQG GRUW JHOXQJHQ VHL XQWHU )KUXQJ GHV *HQHUDOV YRQ 6RZLHVR 7HUUDLQ]XJHZLQQHQ

0HKU ZDU LP YLHUWHQ .ULHJVMDKU VHOEVW XQWHU UFNVLFKWV ORVHVWHP (LQVDW] YRQ 0HQVFKHQ XQG 0DWHULDO QLFKW KHU DXV]XKROHQ =ZDU ZROOWH GLH REHUVWH $UPHHIKUXQJ GDV DXINHLQHQ)DOOZDKUKDEHQGRFKGDVÄ)QIWH0DWURVHQUH JLPHQW³ ]XP %HLVSLHO LQ GDV DOOH SROLWLVFK XQ]XYHUOlVVL JHQ 0DWURVHQ GHU NDLVHUOLFKHQ )ORWWH JHVWHFNW ZXUGHQ ZXWH HV ELV DXI GHQ OHW]WHQ 0DQQ 8P VLH QRFK DXV GHQ *UlEHQQDFKYRUQLQGHQ7RG]XORFNHQEHGXUIWHHVGUHL HUOHL 6FKQDSV DOV 2IIHQVLYJHLVW $UWLOOHULHYRUEHUHLWXQJ XQGZlKUHQGGHV6WXUPDQJULIIV)OLHJHUXQWHUVWW]XQJ $XIGLH$UWLOOHULHYRUEHUHLWXQJPXWHDQGLHVHP6RQQWDJ YHU]LFKWHW ZHUGHQ hEHUIlOOH PHOGHW PDQ QLFKW YRUKHU DQ 'HQ 6FKQDSV KDWWHQ GLH IHOGJUDXHQ 0DWURVHQ JHWUXQNHQ XQGGLH)OLHJHUDOOHU6WDWLRQHQLQ%HOJLHQZDUHQDODUPLHUW 'D GU|KQWHQ VLH LP 5FNHQ GHU )HOGJUDXHQ KHUDQ 'LH *UDEHQRIIL]LHUHJDEHQGDV=HLFKHQ]XP6WXUP =|JHUQG NOHWWHUWHQ VLH DXI GLH %|VFKXQJHQ 'LH HUVWH ,QIDQWHULH)OLHJHUNHWWHEUDXVWHLQIQI]LJ0HWHU+|KHEHU LKUH .|SIH (LQH ]ZHLWH EUHLW DXVHLQDQGHUJH]RJHQH )OXJ ]HXJNHWWH IROJWH LQ GHUVHOEHQ +|KH ZlKUHQG GLH HUVWH EHUHLWV YRQ REHQ GLH HQJOLVFKHQ *UlEHQ PLW 0*)HXHU HLQGHFNWH'RFKGHU7RPP\HUERVWEHUGLHVRQQWlJOLFKH 5XKHVW|UXQJHUKROWHVLFKUDVFKYRPHUVWHQ6FKUHFN =RU QLJ EHJDQQHQ VHLQH 0DVFKLQHQJHZHKUH ]X UDWWHUQ %DOG IROJWHPLWZWHQGHP%HOOHQVHLQH$UWLOOHULHVHLQHP|UGH ULVFKH)ODN 8QG LQ GLHVHP VLFK VWHLJHUQGHQ :HOWXQWHUJDQJVOlUP ZXUGH LPPHU ZLHGHU GLFKW EHU GHQ .|SIHQ GHU 9RUVWU PHQGHQ GDV EOLW]VFKQHOO DQVFKZHOOHQGH XQG HEHQVR UDVFK YHUKDOOHQGH 'U|KQHQ GHU HLJHQHQ ,QIDQWHULHIOLHJHU ODXW hEHUGLHVHQ:HOOHQNUHLVWHQGLH6FKODFKWIOXJ]HXJHEHUHLW VSHUEHUDUWLJ KLQXQWHU]XVWRHQ ZHQQ VLFK HLQ IHLQGOLFKHU

7DQN ]HLJHQ VROOWH ,Q WDXVHQG 0HWHU +|KH NXUYWHQ GLH $UWLOOHULHIOLHJHUGHUHQ%HREDFKWHUGLH*HVFKW]VWHOOXQJHQ GHV*HJQHUVDXV]XNXQGVFKDIWHQVXFKWHQ 1XQVHW]WHQGLH(QJOlQGHUGLH$PHULNDQHUGLH )UDQ]R VHQ DQ )OXJ]HXJHQ HLQ ZDV VLH KDWWHQ 'LH GU|KQHQGHQ 6FKZlUPH UDVWHQ QlKHU XQG QlKHU MDJWHQ PLW XQZLGHU VWHKOLFKHU :XFKW GLH GQQHQ 6WDIIHOQ GHU 'HXWVFKHQ ]X UFN +LHU XQG GD NDP HV ]X HLQHP /XIWJHIHFKW GHVVHQ $XVJDQJLQ.XUYHQ.RUNHQ]LHKHUQXQG 7UXGHOQXQJHZL EOLHE%UHQQHQGVDQNGDVHUVWH)OXJ]HXJPLWJHEURFKHQHQ 7UDJIOlFKHQZLH%OHLLQGLH7LHIH(LQ]ZHLWHVILHOVHLWOLFK EHU GHQ )OJHO UXWVFKHQG ]X %RGHQ (LQ GULWWHV YHUEL VLFKLP7RGHVNDPSILQVHLQHQ*HJQHULKQPLWLQV9HUGHU EHQUHLHQG 'HU VWUPHQGH )HOGJUDXH ZLHGHU HLQPDO DXIEOLFNHQG VDK VHLQH /XIWIURQW LQ 8QRUGQXQJ ZHQGHQ 'D ZHQGHWH DXFK HU XQG EHJDQQ XP VHLQ /HEHQ ]X UHQQHQ +DWWH HU XQWHUZHJV 3HFK VWDUE HU KLOIORV XQG YHUODVVHQ ]ZLVFKHQ GHQ /LQLHQ ² XQWHU PHKU RGHU ZHQLJHU 4XDOHQ (V NDP DXIHLQHQQLFKWDQ« $XFK QLFKW DXI 2EHUOHXWQDQW )ULHGULFK :LOKHOP YRQ %ODFKD2EZRKOLQVHLQHP)DOOJOHLFK]HLWLJHLQ.DPSIHLQ VLW]HUPRGHUQVWHU.RQVWUXNWLRQDXVVFKLHG

'LH .DPSIVWDIIHO =\QNHHUNH NDP RKQH LKUHQ .RPPDQ GDQWHQ]XUFN8QWHU)KUXQJ/HXWQDQW:DJQHUVODQGHWHQ GLH )OXJ]HXJH NQDSS YRU $QEUDFK GHU 'XQNHOKHLW $Q DOOHQ 7UDJGHFNV IODWWHUWHQ GLH %HVSDQQXQJVIHW]HQ .HLQ )OXJ]HXJZDURKQH/|FKHUJHEOLHEHQ 'LH )OLHJHU ZDQNWHQ LQ LKUH 6DORQV .UDIWORV OLHHQ VLH VLFKGRUWDXI6WKOHXQG.RMHQQLHGHUIDOOHQ6LHVFKQDSS WHQ QDFK /XIW ZLH GLH )LVFKH DXI GHP 7URFNHQHQ (LQLJH

]LWWHUWHQLPPHUQRFK,QGHQ$XJHQDOOHUVWDQGGDV*UDXHQ GHV(UOHEWHQ Ä'DJHJHQ NDQQ PDQ QLFKW PHKU DQ³ NODJWH GHU ODQJH RUGHQJHVFKPFNWH :DJQHU (LQ :HLQNUDPSI VFKWWHOWH LKQ ,Q GHU )OXJ]HXJKDOOH QDKP 0D[ 6DOHZVNL GHU 0RQWHXU RKQH 0DVFKLQH GHQ %LUQEDXP]ZHLJ YRQ VHLQHP $UEHLWV SODW]*HJHQ7RWHSURWHVWLHUWPDQQLFKWPHKU (UKLHOWGHQ=ZHLJQRFKXQVFKOVVLJLQGHU+DQGGDEH JDQQGLH$ODUPJORFNHDXIVQHXH]XVFKULOOHQ*OHLFK]HLWLJ JLQJ GDV /LFKW DXV Ä)HLQGOLFKH 0DVFKLQHQ LP $QIOXJ³ ,P'XQNHOQVWU]WHQDOOHLQGHQ%HWRQXQWHUVWDQG

*OHLFKQDFKGHU /DQGXQJGHU)OXJ]HXJHZDU+HLQ6LP PHULQJ TXHU EHUV 6WDUWIHOG LQ 5LFKWXQJ %UJJH YHU VFKZXQGHQ (UVW KLQWHU GHU OHW]WHQ %LHJXQJ ZDJWH HU VLFK DXI GLH &KDXVVHH 8QG KLHU NDP LKP ZLH YHUVSURFKHQ $QWMHDXIKDOEHP:HJHHQWJHJHQ 6WXPPQDKPVLHGLH1DFKULFKWYRP(QGHGHV.RPPDQ GDQWHQHQWJHJHQ$XI VHLQH %LWWH ZLHGHU QDFK =\QNHHUNH ]XUFN]XNHKUHQGDVLFKHUOLFK/HXWQDQW:DJQHUGDV.RP PDQGR EHNlPH XQG YRQ LKP QLFKWV .UlQNHQGHV ]X EH IUFKWHQ VHL VFKWWHOWH VLH GHQ .RSI (UVW DOV HU LKU PLW WHLOWH QXU IQI 0LQXWHQ =HLW ]X KDEHQ XPVFKODQJ VLH VHLQHQ+DOVXQGEDWLKQQRFK]XEOHLEHQ Ä:HQQ LFK YHUPLW ZHUGH VHW]W HV $UUHVW³ JDE HU LQ VFKZDFKHU$EZHKU]XEHGHQNHQ Ä7URW]GHP /LHEVWHU³ EHKDUUWH VLH DXI HLQH EHVRQGHUH :HLVHVFKPHLFKHOQGÄEOHLEKHXWHQDFKWEHLPLU³ $QWMH IKUWH LKQ LP IDKOHQ /LFKW GHU 0RQGVLFKHO GXUFK :LHVHQXQGEHUbFNHUKLQ]XP%DKQGDPPGHUDOVKRKH %|VFKXQJ GDV )ODFKODQG GXUFKVFKQLWW 9RU HLQHP MHW]W

VWLOOJHOHJWHQ 6WHOOZHUNKlXVFKHQ IDQG VLFK HLQH %DQN (QJXPVFKOXQJHQ :DQJH DQ :DQJH WUlXPWHQ VLH YRP )ULHGHQ YRP JHPHLQVDPHQ *OFN ,KUH %OLFNH UXKWHQ YHUVRQQHQ DXI GHQ GXQNOHQ 6FKDWWHQ GHU 6WDWLRQVJHElXGH LQGHU)HUQH(UVWGDVDQVFKZHOOHQGH5DXVFKHQGHVJHIO JHOWHQ7RGHVEUDFKWHVLHLQGLH:LUNOLFKNHLW]XUFN

,Q GLHVHU 1DFKW ]HLJWH GLH YHUHLQLJWH HQJOLVFKDPHUL NDQLVFKIUDQ]|VLVFKH /XIWIORWWH QRFK HLQPDO GHQ 'HXW VFKHQ LKUH hEHUOHJHQKHLW 8QEHNPPHUW XP 6FKHLQZHU IHUOLFKW /HXFKWNXJHOQ XQG )ODN NXUYWH VLH EHU GHQ .ULHJV]HQWUHQGHV)HLQGHV 0DQNDQQWHGLH3XQNWHJHQDX6LHVWDQGHQHLQJH]HLFKQHW LQ 6SH]LDONDUWHQ GLH VWlQGLJ GXUFK HLQHQ 1DFKULFKWHQ GLHQVW HUJlQ]W ZXUGHQ DQ GHP YLHOH EHOJLVFKH 3DWULRWHQ KHLPOLFK PLWDUEHLWHWHQ :LH ]XP %HLVSLHO GHU 0|QFK LQ ZHLHU .XWWH GHU GLH )DPLOLH .RUWU\N DXIV .ORVWHUJXW EUDFKWH« 'LH=HHEUJJHU0ROHDOVVWDUNEHIHVWLJWHU8%RRWKDIHQ ZDUHLQHEHVRQGHUVVRUJIlOWLJDXVJHZlKOWH6WHOOH$XFKGLH ZHLWOlXILJH .ULHJVZHUIW DP 5DQGH %UJJHV ZXUGH ]XP %RPEHQ]LHO HLQHV *HVFKZDGHUV =ZHL /LFKWVWUDKOHQ YRQ GHU.VWHGUHLYRQGHUKROOlQGLVFKHQ*UHQ]HXQGHLQ$UP DXVGHP ,QQHUQ GHV /DQGHV EQGHOWHQ VLFK MHW]W VWUDKOWHQ HLQH Ä0HWDOOPRWWH³ DQ GLH LQ ZLOGHQ 6SLUDOHQ YHUJHEOLFK ]XUFNLQV'XQNHO]XNRPPHQVXFKWH Ä,FK JODXEH³ VDJWH /HXWQDQW :DJQHU YRU GHP (LQJDQJ GHV%HWRQXQWHUVWDQGHV]X2EHUPDDW7LPSHÄGLHVPDOVLQG ZLUJHPHLQW³ )U GHQ %UXFKWHLO HLQHU 6HNXQGH VDKHQ VLH LP 6FKHLQ ZHUIHUNHJHOYLHUIQIVHFKVVLOEHUQH8QKHLOWURSIHQIDOOHQ GDQQVSUDQJHQEHLGHLQGHQVFKW]HQGHQ.HOOHUVFKRQGDV

'U|KQHQGHU([SORVLRQHQLQGHQ2KUHQ 0D[6DOHZVNLEHUUDVFKWHHVGUDXHQDXIGHP:HJ]XP 8QWHUVWDQG 'HQ %LUQEDXP]ZHLJ QRFK LQ GHU +DQG ZDUI HU VLFK LQ GHQ 6FKODPP GHV &KDXVVHHJUDEHQV 'RUW ]ZlQJWHHUVHLQHQ]LWWHUQGHQ.|USHUXQWHUGHQ6WDPPGHV JHIlOOWHQ %DXPHV 1DFK MHGHU ([SORVLRQ ERKUWH VLFK VHLQ .RSI WLHIHU LQ GHQ 0RUDVW 'HU %LUQEDXP GU|KQWH YRQ QLHGHUSUDVVHOQGHQ(LVHQEURFNHQ $OV HU VHLQ PDVNHQJOHLFK EHVFKPLHUWHV *HVLFKW ZLHGHU HUKRE VWDQG GLH )OXJ]HXJKDOOH VWDQGHQ GLH )OXJ]HXJH LQ KHOOHQ )ODPPHQ $XFK -HII .RUWU\NV +DXV OHXFKWHWH ZLH HLQH)DFNHOZHLWLQV/DQGKLQHLQ

+HLQKLHOWGDVODXWORV ZHLQHQGH 0lGFKHQ XPVFKOXQJHQ ZlKUHQG VHLQ %OLFN VWDUU DXI GDV )ODPPHQPHHU LQ GHU )HUQHJHULFKWHWEOLHE Ä$QWMH³EHJDQQHUQDFKODQJHP6FKZHLJHQÄLFKPX]X GHQ .DPHUDGHQ ,FK ZLOO ZLVVHQ RE 0D[ 6DOHZVNL HV EHUOHEWKDW³ 6LHQLFNWHLQVHLQHP$UPÄ'DVPXWGXZRKO³NDPHV EHU LKUH /LSSHQ Ä:LH LFK LQ GLHVHU 6WXQGH EHLP 9DWHU VHLQPX³ +HLQVXFKWHQDFK:RUWHQVWRWWHUWHÄ:LUGHUQDFKGLHVHU 1DFKW HLQZLOOLJHQ GD GX HLQHQ 'HXWVFKHQ «³ +RII QXQJVORVWUDXULJYHUVFKOXFNWHHUGDV(QGHGHV6DW]HV $QWMH VWUHLFKHOWH LKQ GDPLW JOHLFKVDP LKUH /LHEH YHUVL FKHUQG ÄhEHUODVVH DOOHV PLU GHU =HLW XQG GHP )ULHGHQ³ VDJWHVLHPLWIHVWHU6WLPPH (U UL VLFK ORV VWUPWH GLH %|VFKXQJ KLQXQWHU XQG ULHI LP /DXIHQ EHU GLH 6FKXOWHU QDFK REHQ Ä0RUJHQ DEHQG ZLHGHUKLHU$QWMH³ Ä,FK HUZDUWH GLFK³ 8QG OHLVH IU VLFK IOVWHUWH VLH Ä-D

/LHEHULFKZDUWHDXIGLFK«³ ,P :LGHUVFKHLQ GHU )ODPPHQ YRQ =\QNHHUNH IDQG VLH GHQ :HJ ]XUFN DXI GLH &KDXVVHH 'DV GXPSIH *UROOHQ GHU IHUQHQ IODQGULVFKHQ )URQW KDWWH DXIJHK|UW 1XU GDV %UDXVHQGHU.VWHQEUDQGXQJEOLHEK|UEDUZLHLPPHU

$WHPORV NDP +HLQ 6LPPHULQJ DXI GHU LQ )ODPPHQ VWH KHQGHQ 6WDWLRQ DQ 'LH )OLHJHU 0RQWHXUH XQG 0DWURVHQ VWDQGHQLQ*UXSSHQDXIGHU&KDXVVHHXQGVWDUUWHQWDWHQORV LQV)HXHU=XUHWWHQZDUQLFKWVPHKU $XV 5LFKWXQJ %ODQNHQEHUJKH UDVWH HLQ $XWR KHUDQ XQG KLHOWÄ7HOHSKRQVSUXFKDQ /HXWQDQW]XU 6HH :DJQHU³ ULHI MHPDQG DXV GHP )RQG GHV :DJHQV LQ GLH *UXSSH GHU 2IIL]LHUH +HLQGUlQJWHVLFKQlKHU(UVDK:DJQHUGLH0HOGXQJLP 6FKHLQGHV)HXHUVOHVHQGDQQK|UWHHULKQ]XGHQ2IIL]LH UHQ VDJHQ Ä,Q HLQHU 6WXQGH WULIIW XQVHU QHXHU .RPPDQ GDQW2EHUOHXWQDQW*UDIYRQ6FKOHWWZLW]HLQ³ (LQ0DWURVHQHEHQ6LPPHULQJUDXQWHHLQHPDQGHUHQ]X Ä9RQ%ODFKDKDWXQVJHWULH]W'HUQHXHZLUGXQV]ZLHEHOQ ,FKNHQQH6FKOHWWZLW]YRQPHLQHPIUKHUHQ.RPPDQGR³ +HLQ 6LPPHULQJ YRQ GLHVHQ :RUWHQ VHOWVDP HUJULIIHQ ZDQGWH VLFK JHGDQNHQVFKZHU DE 'D VWLH HU DXI 0D[ 6DOHZVNLGHUKLQWHULKPJHVWDQGHQKDWWH Ä1D+HLQ³IUDJWHHUIOVWHUQGÄZHUKDWQXQUHFKW"³ Ä'X QDWUOLFK³ JHVWDQG 6LPPHULQJ EHVFKlPW Ä(LQ 0RQRNHOIULW]HLVWKRSVHLQDQGHUHUNRPPW'HU.ULHJJHKW ZHLWHU³ Ä1LFKWPHKUODQJHPHLQ-XQJH³'HU0RQWHXUQDKPGHV DQGHUHQ $UP ]RJ LKQ PLW VLFK IRUW XQG VDJWH ]XYHUVLFKW OLFK Ä:HQQ ZLU XQV HLQLJ VLQG « HLQLJ EOHLEHQ « ZLUG GLHVHU.ULHJVRJDUGHUOHW]WHJHZHVHQVHLQ³