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C[EKICN ”MSQJTIEN ODWIN VEUN QISEIRN 5LYLBIHyN UIEEN GDHCILEDQN AVWIE ‡VEKICBIEN MSIN ‡IVHSWIN 6VEWIEyN DCQN QSIN DV‡N GC?UICN UIVBIBIN VEUN ISEN ISE”SWIQN ‛LHB TIH“LHQBSI•F @AYWICITEB2A

34 ABCDEFGH IJKL MNOPCNKNL QNDBNL RBSNQTUQVL IJKL WXKUNL PDNYL TBQL DJKL WXKUNL ZDCL QDOVL [\PZDPJKNP ]NPJKNKNBLMNOU^TWCL_NQ\JKLBDJKCLDBLQNBL`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`NYTBQNOTBSL+\UUNBV IJKLYND/YLQ(/LQTLQ(PLBDJKCL-(BBPCYLQNBBLDJKLK(XNLQ(WXOLSNP\OSCYLQ(/LQTLBDJKCLM\B TBSNONJKCNBL]NQ(B-NBLDBLQDNLIOONLSNUNDCNCLYDOPCVL.(WXOLXDPCLQTLZDOLQ(B-X(OVL.(WXO YDOPCL QTL (TJKL Q(BBYL YNBBL DJKL ZDJKL NDBZ(UL BDJKCL ZNUQNBL -(BBYL ZNDBNBL \U^BNB W\USNBVL^NOSD/LBDNYLQ(/LQTLBTOLP\LQDNLZ(JKNLQNDBNPLWOXKNONBL,NOOBLNOWXUUNBL-(BBPCV _NDBNLG)DNUONSNUBLPDBQLNCY(PL(BQNOPVLIJKLPCONXNLBDJKCLXOTC(ULB(JKL_(JKCVLIJKLK(XN (BQNONL \O\XUNZNYL TBQL Q(PL PDBQL STCNLAZXDCD\BNBVL .TL YND/CL (TPL QNDBNOL U(BSNB F`DPCNB+YL Q(/L ABCDEFGL DZZNOL (UUNPL DBL *(CP(JKNBL TZPNC+CVL aDJKCPL TBQL BDNZ(BQ -(BBLZDJKLQ(O(BLKDBQNOBYLBDJKCLQDNL,\KNBL_^JKCNYLQDNLMNOCO^TZCLMNOPTJKNBYLZDJK +TL ONK(XDUDCDNONBYL \KBNL NCY(PL +TL CTBYL BDJKCL QDNL GJKU(WNBQNBL _^JKCNL QNO a(ZNBU\PNBLb\BNYLDBLQNOLQTLSNW\OZCLY\OQNBLXDPCVLATJKLQ(PLYND/CLQTLBDJKCLZNKOY (XNOLDJKLP(SNLQDOL_NC+CYLQ(LDJKLNDBNL\K(PNLQNOLSNQ(B-UDJKNBLcONDKNDCLK(XNYLQ(/ Q(PLB\CYNBQDSLY(OVLIJKLXO(TJKNLPC(O-NL,NUWNOYLTBQLQTLXDPCLZNDBL(UUNOPC^O-PCNOdLIJK PJKXC+NLQDJKYLDJKLKNUWNLQDOVLAXNOLQTLZT/CLYDPPNBYLQ(/LDJKLBDJKCLDZZNOLP\LK(BQNUB -(BBYLYDNLDJKLYDUUVLIJKLK(XNLMDNUNL^NO)WUDJKCTBSNBVLIJKLYDUULQDNLGJKU(WNBQNBL_^JKCN P\L XNU(PPNBYL YDNL PDNL PDBQVL _NDBNL bNDCNBL PDBQL NDBSNCNDUCYL B(CXOUDJKL QTOJKL ZDJK PNUXPCV ABCDE,\ZTB-YLQTLXO(TJKPCLZNDBNLUNC+CNBLbDNUNLBDJKCL+TL-NBBNBVL,(BQUNLYNDCNOLP\Y (TJKL YNBBL QTL -NDBNL _(BDWNPCNL ZNKOL XN-\ZZPCVL .TL NOWXUUPCL ZNDBNL \U^BNL TBQ QNDBNBLZ(JKNYTBPJKV FOLWO(SCLZDJKYLY(BBLQNOLbNDC)TB-CLSN-\ZZNBLDPCVLIJKLZT/LDKZLNDBNLABCY\OCLSNXNBY QNBBLDJKLXO(TJKNLDKBV e.TL K(PCL NCY(PL DBL QDOYL Y(PL QNBL *NOO(BNOBL NBCPC(ZZCYL (UP\L YDOPCL QTL ZDJK

MNOPCNKNBVL IJKL K(XNL fQTOJKL ZNDBNL ^NO)WUDJKCTBSNBgL BTOL NDBSNPJKO^B-CN cONDKNDCPSO(QNVL.(KNOL-(BBLDJKLDBLQDNPNZLATSNBXUDJ-LQNBLNBCPJKNDQNBQNBL`NWNKU BDJKCLSNXNBVLIJKLXNPCDZZNYLY(PLY(BBLTBQLY\LSNPJKDNKCVL.(PLDPCLYNBDSNOL(UPLNDB ,TBQNOCC(TPNBQPCNUL QNDBNPL .(PNDBPL (UPL `NB_(ZDBL ^\TPCNOL TBQL YNBDSNOL (UPL NDB _DUUD\BPCNULQNDBNPL.(PNDBPL(UPLa(ZNBU\PNOLM\BLAZh,I*F[*L\QNOL,DQQNBEiVL.T MNOPCNKPCL ZDJKL BDJKCjL .(PL DPCL STCYL QNBBL NPL XNYNDPCYL Q(/L QTL ZNDBL XDPCVL ,(BQUNY YNBBLDJKLNPLP(SNVL.NDBNL*O^TZNLYNOQNBLPDJKLNOWXUUNBVk l fa\JKLNDBZ(UgLABCDEFGLfQDNPZ(ULWXOLPDJKgHL.DNLNDB+DSNLAOCL+TLN`DPCDNONBYLDPCYLBDNLQDN [(KOKNDCL +TL P(SNBVL _(BL K(CL BTOL FOW\USL DZL -\PZDPJKNBL .(PNDBYL YNBBL Z(BL ZDC mXSNBYL^NOPJKYNDSNBLTBQLIBCODSNBLPNDBNL)NOP*BUDJKNBLTBQLMDNUUNDJKCLNS\DPCDPJKNB bDNUNLM\O(BCONDXCVLaDJKCLQNOLFOW\USLKNDUDSCLQDNL_DCCNUYLQDNL[\BPN+TNB+LQNOLNDSNBNB IQNNBLM\UUXODBSCLNPVLFPLSDXCLQDNL,\KNBL_^JKCNYLQ(PLYND/LDJKYLYNDULDJKLNPLSNP)XOC K(XNYL YDNL PDNL ZDJKL DBL QDNL a(ZNBU\PNL b\BNL MNOX(BBCL K(XNBVL FPL SDXCL (TJK XNPCDZZCLB\JKLIBPCDCTCD\BNBLQNPL[\PZ\PYLQDNLXXNOLQNBL[\PZ\-O(CNBLPCNKNBVLAB Q(PLRBXNSONDWUDJKNLC(PCNLDJKLZDJKLBDJKCLKNO(BVL_NDBL[DUUNLZT/LPC^O-NOLPNDBYLQNBB P\BPCLY^ONLDJKL(TWLZNDBNBLF`DPCNB+NXNBNBLBDJKCLQ(PLYTBQNOX(OPCNLTBQLPC^O-PCN ]NPJK*)WLQNPLRBDMNOPTZPV FPL SDXCL BTOL YNBDSNL IBCNUUDSNB+NBYL QDNL (TPL PDJKL KNO(TPL NDSNBNL \U^BNL PJKZDNQNB -*BBNBVL_(BJKZ(ULSU(TXNLDJKYLDJKLPNDLBNXNBLFGLfQNZLDJKLNBCWUDNKNBL-\BBCNLTBQ QNBL DJKL XNPDNSNBL YNOQNYL QNBBL FGL DPCL (TWL QNOL QTZZNBL GNDCNL QNOL -\PZDPJKNB FUNZNBCNgLQDNLNDB+DSNLY(KONLIBCNUUDSNB+LQNPLAUUPV GC*ONBQLDPCYLQ(/LQTZZNLbYNOSNYLYDNLACU(BLNPLDPCLf\QNOLPNDBL]NDPCNP)(OCBNOL\NOO] ZK\Q(BYL QNOL CO\C+L QNOL FBCWXKOTBSL PNDBNPL SNP(ZCNBL ]NKDOBPL XXNOUNXCL TBQ XXNOPC(BQNBL K(CgYL DBL QNOL ^NOYDO-UDJKTBSL ZNDBNOL \U^BNL +NDCUDJKNL ^NO+*SNOTBSNB MNOTOP(JKNBVL FPL DPCL TBMNOPC^BQUDJKYL Q(/L QDNL ,\KNBL _^JKCNL QDNPNBL [(KBPDBB QTUQNBLTBQLBDJKCPLQ(SNSNBLCTBV a(CXOUDJKLDPCLNPLB\CYNBQDSYLQ(/LDJKLZNDBNZLABCDE,\ZTB-LBDJKCLQDNL[(KOKNDCLP(SNV mXSNBLXODBSNBLFOW\USYLDBLQDNPNZLc(UULWXOLZDJKVLFOLK(CL-NDBNLFODBBNOTBSL(BL[NPNBY QDNL\NOO]LZK\Q(BL\QNOL](BNOJL\QNOL*\O]CO(NLKND/NBL\QNOLKDN/NBYLQ(WXOLK(XNLDJK SNP\OSCVL G\L P)DNUNL DJKL DKZL (TJKL _NC+CL NCY(PL M\OYL Q(ZDCL ZNDBNL \U^BNL (TWSNKNBY QNBBLDJKLK(XNLQDNLNOPCNLZNU(CDMEFDBKNDCLQNOL+NKBYLDBLQDNLDJKLMNOX(BBCLYTOQNYLPJK\B PNDCLNDBNOLFYDS-NDCLP(CCVLFPLSDXCL-NDBNL_(JKCYLQDNLABCDEFGLTBCNO_\JKCdLGJKUDN/UDJK XDBLDJKLSNZNDBP(ZLZDCLFGL(TPLNDBNZLSNDPCDSNBL\\CNBCD(ULKNOM\OSNS(BSNBYLQ(P ZNBPJKUDJKLDPCVL.(PLNO-U^OCLQ\JKYLY(OTZLDJKLP\LXDBYLYDNLDJKLXDBV

IJKL P(SNLABCDE,\ZTB-YL Q(/L DJKL BDJKCL XOTC(UL B(JKL _(JKCL PCONXNVL .(PL DPCL ODJKCDSY QNBBL XNM\OL DJKL Q(PL CTBL YNOQNYL XO(TJKNL DJKL ZNDBNL S(B+NL cONDKNDCVL bTL ZNDBNO cONDKNDCLSNK*OCLZNKOL(UPLBTOLZNDBLZ\ZNBC(BNPLIJKVLATJKLQ(PL-UNDBPCNLGCXJ-LM\B ZDOL XO(TJKNL DJKL Q(WXOYL (TJKL QNBL *NDUYL QNOL NDBZ(UL M\BL ACU(BL (TPL ZDO KNO(TPSNPJKBDCCNBLYTOQNV .DNL^NOX(BBTBSLSNPC(CCNCLZDOLBTOLXNPCDZZCNLbNDCNBLQNOLA-CDMDC^CLTBQLFBCW(UCTBSV .DNL,\KNBL_^JKCNLZXPPNBLa(OONBLPNDBYLQNBBLPDNLZX/CNBLQ\JKLZNO-NBYLQ(/LDJK QDNPNL bNDCNBL BTOL WXOL ZDJKL (TPBTC+NYL DBQNZL DJKL Q(BBL ZNDBNBL ^(P(UUNBL `NWNKUN NOCNDUNL\QNOLPNUXPCLDBLQNBLAXU(TWLQNOL]NPJKNKBDPPNLNDBSONDWNVLABCDE,\ZTB-LYND/ Q(PLBDJKCVLFOLK^UCLZDJKLWXOL(UUSNSNBY^OCDSVLFOL-NBBCLZNDBLFOW\USP)ODB+D)LBDJKCYLQ(P mXSNBLTBQL`NCOXSNBLU(TCNCVL.(KNOLYNOQNLDJKLDKZLBDNLDBL(UUNOL.NTCUDJK-NDCLP(SNBY Q(/LDJKLNDBNLM\OXXNOSNKNBQLMNOX(BBCNLGT)NODBCNUUDSNB+LXDBVLATJKLYNOQNLDJKLDKZ BDJKCLP(SNBYLQ(/LQTOJKLQ(PLFDBYDO-NBLACU(BPLTBQLQNOLG\U(BNOLZNDBNLZDCLMDNUL_XKN (TWSNX(TCNBL_(BDWNPCNLDBLQ(PLZNDJKLQNOLGJKU(WNBQNBL_^JKCNLNBCWUDNKNBL-\BBCNBY Y\L PDNLPDJKL ZNDBNZL bTSODWWL NBC+DNKNBVL IJKL YNOQNL DKZL ZNDBNL S(B+NBL bDNUNL BDJKC BNBBNBVL.(PLYXOQNLDKBLY\Z*SUDJKLMNOYDOONBVLIJKLYNOQNLDKBLBDJKCLNDBZ(ULYDPPNB U(PPNBYLQ(/LACU(BLTBQLQDNLG,mLBDNLQDNL]NX\CNLQNOL,\KNBL_^JKCNLNOWXUUNBL-*BBNBV AXNOL DJKL YNOQNL DKZL P(SNBYL Q(/L NOL QDNPNL cNDBQNL M\BL QNOL -\PZDPJKNBL `XKBN WNSNBLQ(OWdLGNDBLZ(JKN)U(BL)(/CLDBLZNDBNLa\CYNBQDS-NDCNBV a(CXOUDJKLDPCLNPL+YDBSNBQLNOW\OQNOUDJKYLQ(/LNOLBDNLNOW^KOCYLQ(/LNOLPNUXPCLB(JKLQNO ^NOBDJKCTBSLQNOLG,mL(TJKLBDJKCLZNKOLN`DPCDNONBLYDOQVL`NDQNLFONDSBDPPNLYNOQNB ,(BQL DBL ,(BQL SNKNBYL QNBBL BTOL P\L YDOQL ZNDBL FOW\USL M\UUPC^BQDSL PNDBVL .(B(JK YNOQNL DJKL ZDJKL YDNQNOL TZL QDNL _NBPJKKNDCL -XZZNOBVL RBQL TZL ZNDBNBL NDSNBNB [DQNOP(JKNOLFGV IJKLYNOQNLZNDBNLbDNUNLNOONDJKNBVL.DNLNOPCNLZNU(CDMEFDBKNDCLTBQLQDNL^NOX(BBTBS -(BBLDJKLBTOLXXNOYDBQNBYLYNBBLDJKL-\Z)UNCCLXDBVLIJKLXO(TJKNLZDJKLS(B+V ABCDE,\ZTB-YL QTL K(PCL B\JKL NCY(PL bNDCVL c(PPNL QDJKL DBL ]NQTUQdL `UNDXN (TWZNO-P(ZYL QNBBL BTOL Q(BBL -(BBPCL QTL QDNL Z(JKNL NOWXUUNBVL IJKL YNOQNL QDOL Q(P bNDJKNBLDBLQNOLNBCPJKNDQNBQNBLGCTBQNLBDJKCLBTOLSNXNBVLIJKLYNOQNLQ(BBLZDCLNDBNZ ]O\/CNDULZNDBNPLIJKPLPNUXPCL(ZL,OCLQNPL]NPJKNKNBPLPNDBYLTZL(TWLQNBL(BQNONB *NDUL+TLY(OCNBLTBQLDKBL+TLNZ)W(BSNBVL.(BBLYNOQNBLQDNL[NDJKNBLWXOLQDNLbT-TBWC SNPCNUUCYLDBLQNOLDJKLQDJKYLABCDE,\ZTB-YLBDJKCLZNKOLXO(TJKNV m\J-NLQDNLG,mLYNDCNOL(BYL(XNOLSDXLDKOLB\JKLBDJKCLQNBLC*QUDJKNBLGC\/VLIJKLXO(TJKN B\JKLNCY(PLbNDCYLMDNUUNDJKCLMDNO+DSL\QNOLWXBW+DSLGCTBQNBV

FOLYDOQLP\LK(BQNUBYLYDNLDJKLNPLSN)U(BCLK(XNLTBQLYDNLDJKLNPLYDUUYL(TJKLYNBBLDJKLDKB _NC+CL BDJKCL (BL ZNDBNBL ]NQ(B-NBL CNDUBNKZNBL U(PPNVL FPL DPCL (UUNPL DBL QDNL ODJKCDSNB `(KBNBLSNUNB-CLY\OQNBVLFOLZNO-CLBDJKCYLQ(/LNOLNDBLTBYDJKCDSNPL[NO-+NTSLDPCYLQ(P PDJKLWXOLZNDBNLbYNJ-NL(TPBTC+NBLU(PPNBLZT/V _NDBL \U(BL DPCL )NOWN-CVL [*XXN-DBSEa(O-`\BYL YDNL PDJKL QNOL (XCOXBBDSNL *NDUL BTB BNBBCYLYDOQLDBLQNOLNBCPJKNDQNBQNBLGCTBQNL-\ZZNBLTBQLDBLZNDBNLc(UUNLONBBNBVLIJK YNOQNLQNOLGDNSNOLPNDBYLYNBBLNOLZDOLYDNLNDBLONDWNOLA)WNULDBLQNBLGJK\/LW^UUCV .DNL G,mYL ACU(BL TBQL QTL ABCDE,\ZTB-YL DKOL (UUNL PNDQL _NC+CL PJK\BL C\CVL aTOL Q(P RBWNKUX(ONLTBQLQ(PL[\Z)UNCCNLYDOQL`NPC(BQLK(XNBVLIJKYLABCDEFGd

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112 ABCDEF GDHCIJEDK BDLMNBIK OJK PCQBRCSMNK TIESUIK VMNHSBBIK WJHK XSHK DLYZK [D\K SMNK IHOMNHJM]IE RLH^M]YLNH_K VSIK [HINBIK XSHK [IEK c^M]IEK RLK LE[K dHISBIBIK SNHIK AHXIK TSIK ISE OMN^BRIE[IHKeEUICKDLO_ fgLK TSHOBK SNEK ESMNBK BQBIEZK GHL[IHK GIEhiK UICCBIK SNHIK VBSXXI_K fgLK TSHOBK ESIXDE[ XINHKBQBIEhi jMNK BHDBK DEK SNHIK VISBIZK DdIHK OSIK WIHOLMNBIZK XSMNK XSBK ISEIXKAHXK TSI[IHK SEK SNHIE c^M]IEKRLK[HkEUIE_KlIUIEKXISEIEKOS[IHOBDE[K]DXKOSIKPI[JMNKESMNBKDE_ fgLKOSINOBZKAEBSQRJXLE]iZKODUBIKSMNZKfTIHKEJMNKNSIHKSOB_KgDOKSOBKjHDS_i gIHK UHISOIK RICYIHK WJEKAEBSQeVK CSI\K [SIK ODYYIK RLK GJ[IEK PJCBIHE_K VISEIK ALUIE TISBIBIEKOSMN_KgSIKTSPPIEKdIdBIEZKDdIHK]ISEKOJHBK]DXKDLOKOISEIXKULE[_ fVIEEIK SNEK ESMNBZKAEBSQRJXLE]iZK RSOMNBIK XSHK GDHCIJEDK dIYINCIE[K RL_K feHK NIS\B GIE_iKVSIKHSMNBIBIKSNHIKRkE[IKDLYK[DOZKTDOKISEXDCKSNHKGHL[IHKUITIOIEKTDH_ fgDOK [DHYOBK [LK ESMNBK BLEZK VMNTIOBIHiZK OBQNEBIKAEBSQRJXLE]_K fgLK TIM]OBK DCCIOZ TDOKSEKXSHKCkEUOBKWIHOMNJCCIEKTDH_KGSBBIZKBLKIOKESMNBhi fjMNKXQMNBIK[SMNKEJMNKISEXDCKOJKOINIEZKTSIK[LKTDHOBZKGIEiZKDEBTJHBIBIKGDHCIJED NDHB_KfeOKXL\KOISE_KALMNKTIEEK[LKESMNBK[SIKVMNLC[KDEK[IXKBHkUOBZKTDOK[LKUIBDE NDOBZKOJCCOBK[LK[SIKUDERIKWHDUTISBIKIH]IEEIE_KeOKXL\KOISEZK[IEEKOJEOBK]DEEKSMN [IEKIEBOMNIS[IE[IEKVMNHSBBKESMNBKWJCCRSINIE_i gIHKeXBHDOSEEKDEBTJHBIBIF VSIK NDBK OSMNK TISBIHK WIHkE[IHB_K YE[K OSIK XL\K ISEIK LEUCDLdCSMNIK ZHDYBK SEK OSMN YHISUIOIBRBKNDdIE_KgDXSBKTSH[KOSIKAEBSQRJXLE]ZKSEK[IXKOSIKELHKGIEPDXSEK[JLOBIH OSINBZK WJEK OISEIEK \LDCIEK dIYHISIE_K GIWJHK OSIK [DOK BLBZK TSCCK OSIK PI[JMNZK [D\K IH SEEIHCSMNKISETSCCSUB_KjMNKTDHYKISEIEK]LHRIEKGCSM]KDLYKXISEKedIEdSC[ZK[DOKOSMNKPI[JMN WQCCSUK BISCEDNXOCJOK WIHNSICB_K ODOK [IHK eXBHDOSEEK XISEBIZK ]JEEBIK WSICIOK dI[ILBIE_ OICMNIKZHDYBKNDBBIKGDHCIJED]KfODOKdIDdOSMNBSUOBK[L]iKYHDUBIKSMNKOSIKLE[KPDM]BI OSIKDXKAHX_ VSIKOMN^BBICBIKXSMNKLETSHOMNKDdKLE[K[ILBIBIKDLYKAEBSQRJXLE]_

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