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f )TE;B@O=<@NDCA #5 ! 605F/..50 ! $27?/C ! *5;-7:5. ! 2:028/35 ! 5 ! A57O-1/ ! / ! 2 ! 56501?7-828/ ! 8/ ! O-O/0 ! /.12! /P6/0-Q7A-2R!2.!C57:2.!A57O/0.2.!/!A2;-7S282.!0-A2.!8/!A57S/A-;/715R!2!AS27A/!8/!260/78/0!5! B?/!@!./0!?;!6/.B?-.2850I!A?0-5.5!8/!1?85G!#:028/35!650!.?2!50-/712345I!.2D/850-2!/!62A-Q7A-2G #5!605F/..50!'T:7/0!"2;-C5!#CO/.!2:028/35!2!A5;60//7.45!/!5!A20-7S5I!5.!A2;-7S5.! 26571285.!./;60/!A5;!?;!.500-.5I!2!F5032!B?/!;/!605650A-575?!2-782!B?/!8/.2O-.282;/71/G! U502;!;?-15!7/A/..T0-5.G!(!650!-..5I!2:028/35G #5!605F/..50!(?0-A5!U-:?/-0/85I!2:028/35!2!56501?7-828/!/!5.!2O2735.!B?/!.?2.!C?12.!75.! 1Q;!605650A-57285G!#:028/35I!.5D0/1?85I!6/C5!A20-7S5!8/!./;60/G V!"#9()!2:028/35!5!265-5!;21/0-2C!/!5!F-727A-2;/715 !./;!5.!B?2-.!2!A57A0/1-W2345! 8/.1/!102D2CS5!./0-2!-;65..XO/CG #5!+D./0O21<0-5!82.!H2A-572C-828/.!2:028/35!2!AS27A/!B?/!;/!605650A-575?!8/!A57S/A/0! /!O-O/0!5!;?785!2A28Q;-A5R!8/!/P6/0-;/7120!5!A57OXO-5!8/!6/.B?-.2850/.!262-P57285.!650!./?.! 5DY/15. ! / ! :/7/05.5. ! /;! .?2. ! 8/.A5D/012.I ! /.1?8-5.5. ! 8/8-A285. ! 8/ ! A502345 ! 2 ! A57.10?-0 ! ?;2! 0/2C-828/!;/CS50G!(;!/.6/A-2CI!2:028/35!Z!605F/..502!$[7-A2!*-2.!$201-7.I!C?128502!-7A27.TO/CI! /!Z!>-.C\7-2!U0/-12.I!.57S28502!-7A?0TO/CG #!)?S2]C2!^S2C-C!2:028/35!2!2;-W28/I!2!60/./732!F-0;/I!2!A5;60//7.45!A/012G!(;!;/-5!2! ?;2!120/F2!145!.5C-1T0-2I!8/.A5D0-0!2!A5;627S-2!A57F501271/!8/!?;2!2;-W28/!8/.-71/0/..282!/! A-/71/!82.!8-F-A?C828/.!82!O-82!2A28Q;-A2!@!8/.A5D0-0!?;!65015!./:?05G!+D0-:282I!)?G # ! *-/:5! H50;278-I ! )S20C/77]! _?/-05WI ! #CS/7 ! *2;2.A/75I ! H212.S2 ! `200/15I ! a5D/015! "\;202I!)2?C5!&/;5.I!)S/S72W!b2BB27-I!b]211!*2c20SI!)-D:S21?CC2S!#F:S27I!d2c28!_2;20!/! #2;-0!`2.S2021!2:028/35!2!A5;60//7.45!B?/!26/72.!5.!2;-:5.!O/0828/-05.!1Q;!82!8-.1\7A-2!/! 85!.-CQ7A-5G!#!A/01/W2!8/!.?2.!2;-W28/.!/!82!65..-D-C-828/!8/!./;60/!0//7A571020!./?.!.500-.5.! ;/!./0O-?!8/!A278//-05!/;!;?-15.!85.!;5;/715.!8/.12!A2;-7S282G #!92?C2I!"205CI!d?7-7S5!/!)-B?/-02!2:028/35!2!./7.2345!8/!C20I!5!A20-7S5!A57.1271/I!;-7S2! F2;XC-2!65.1-32G #!d5.@!e/CC-7:157!2:028/35!2!-7.6-02345I!5!/7.-72;/715!8/!B?/!5!A@?!745!@!-72CA273TO/C! /!5!265-5!.-C/7A-5.5I!;2.!A/015!/!A57.1271/R!2!$20-2!&?A-2!2:028/35!5!A20-7S5G #!&?A-7S2!/!"5.12I!2!9210-A-2!/!92?CC2I!2!U0585!/!&5C2!2:028/35!5!;?785G!+D0-:282!6/C5.! .2A0-FXA-5.I!6/C2!A5;60//7.45I!6/C2!A5;627S-2I!6/C2!F@I!6/C2!A/01/W2!8/!S2O/0!./;60/!?;!C?:20! 6202!578/!/?!65..5!O5C120G!+D0-:282!650!/.120/;!./;60/!/;!;-;I!650B?/!7282!8/!;-;!./0-2! 65..XO/C!./;!O5AQ.G!+D0-:282!6/C2!O-82G q &@AS<C "+),#I!"2;-C2!#GR!*+$%H>+)!H(,+I!$27?/CG !3E@A@NW;*-=>=D;E*%AD;BSN=B@NA@* N;*)<XE=O;*,;D=N;G!H-1/0<-I!JKLLG!Lfg6G!*-../012345!8/!$/.10285!h!905:02;2!8/!9<.= >028?2345!/;!(.1?85.!(.1021@:-A5.!82!*/F/.2!/!82!)/:?02732I!i7-O/0.-828/!U/8/02C! UC?;-7/7./G (.1/!102D2CS5!A57.1-1?-!?;!/.F5035!8/!0/FC/P45!/.1021@:-A2!A/710285!72!102Y/1<0-2! 65CX1-A5=;-C-120 ! C21-75=2;/0-A272G ! #D5082 ! 2 ! /P627.45 ! 82 ! F5032 ! /.128?7-8/7./ ! 75! )?DA571-7/71/!/710/!5.!.@A?C5.!j%j!/!jj%G!9201-785!85!F215!8/!B?/!5.!(.1285.!i7-85.! ./!1507202;!2!60-;/-02 !651Q7A-2 !2!C5:020!605Y/345!8/!F5032!/;!\;D-15 !/F/1-O2;/71/! 6C27/1T0-5I!75.!6/0:?712;5.!A5;5!605A/8/02;!/;!0/C2345!25!./?!/715075!/.1021@:-A5! -;/8-215I!5?!./Y2I!2!-;/7.2!F2-P2!1/00-150-2C!B?/!./!/.1/78/!85!$@P-A5!Z.!O-W-7S2732.!82! #71T01-82G!)?.1/712;5.!B?/I!25!A5710T0-5!85!B?/!.?:/0/;!2.!27TC-./.!.-;6C-F-A282.!85.! .2C85. ! 8/ ! D2C2735. ! A5;/0A-2-.I ! 2 ! S/:/;57-2 ! 75 ! )?DA571-7/71/ ! 0/60/./715? ! ?;! ;5O-;/715 ! /.1021@:-A5 ! -7-A-2C ! / ! -78-.6/7.TO/C ! 6202 ! 5 ! /P102508-7T0-5 ! A0/.A-;/715! /A57[;-A5!/.128?7-8/7./!/!6202!2!A57B?-.12!82!A578-345!8/!651Q7A-2!S/:/;[7-A2!72.! 0/C23k/.!-71/072A-572-.G! # ! /P627.45 ! 85. ! 7/:<A-5. ! /.128?7-8/7./. ! 0?;5 ! 25 ! .?C ! 8/?=./ ! -7-A-2C;/71/! 2102O@.!8/!8-.6?12.!A5;!2.!O/CS2.!651Q7A-2.!A5C57-2-.!/?056/-2.!/I!/;!./:?-82I!75!10215! 8-0/15!A5;!2!:0278/!A5CAS2!8/!0/12CS5.!F50;282!650!/P=A5C[7-2.!B?/!05;6/02;!8/!F50;2! -7A57AC?.-O2!5.!62A15.!A5C57-2-.!A5;!.?2.!271-:2.!;/10<65C/.G! "57A/7102;5.!75..2!21/7345!/;!10Q.!:0278/.!;5O-;/7123k/.!/P627.-57-.12.!85.! (.1285.!i7-85.E!5!85;X7-5!.5D0/!2!#;@0-A2!"/7102C!l751282;/71/!2!260560-2345!C-1/02C! 85!9272;TmI!5.!/7F0/712;/715.!A202A1/0X.1-A5.!82!>?/002!U0-2!lB?/!F502;!A57Y?:285.! A5;!2!-7.12?02345!8/!0/:-;/.!;-C-120/.!72!#;@0-A2!85!)?Cm!/I!72.!nC1-;2.!8@A282.I!2! -7.12?02345 ! 8/ ! D2./. ! ;-C-120/. ! l5DY/15 ! 8/ ! A0/.A/71/. ! -7.21-.F23k/. ! 8/ ! :5O/075. ! /! .5A-/828/.!C21-75=2;/0-A272.mG!(..2!nC1-;2!;5O-;/712345I!5DO-2;/71/I!/.1T!0/C2A-57282! A5;!2!6/0.6/A1-O2!8/!8/A28Q7A-2!82!S/:/;57-2!/.128?7-8/7./I!0/FC/1-82!72!1/7121-O2!8/! 2;6C-20!.?2!60/./732!75!#1C\71-A5!)?CG! "57AC?X;5.!B?/!2!8/;5A021-W2345!85.!0/:-;/.!65CX1-A5.!72!#;@0-A2!&21-72!75! F-72C!85!.@A?C5!jj!/!5.!2O2735.!.5A-5/A57[;-A5.!2..-72C285.!72!#;@0-A2!85!)?CI!A5;! 8/.12B?/!6202!5!8/./7O5CO-;/715!D02.-C/-05I!A5710-D?X02;!6202!2!21?2C!F02:-C-W2345!82! S/:/;57-2!/.128?7-8/7./!/;!\;D-15!;?78-2CG!#6/.20!8/I!0/A/71/;/71/I!1/0!5A500-85! ?;2!O/01-:-75.2!2;6C-2345!82.!D2./.!;-C-120/.!7501/=2;/0-A272.!75!.?DA571-7/71/I!ST! ?;2 ! 7X1-82 ! 6/082 ! 8/ ! A57105C/ ! 65CX1-A5=/.1021@:-A5I ! 8/;57.10282 ! 72. ! 0/.-.1Q7A-2. ! Z! 2D.50345!8/!A57A/-15.=AS2O/!650!6201/!82.!U5032.!#0;282.!.?C=2;/0-A272.I!75.!/.F5035.! /;!F2O50!82!A0-2345!8/!?;2!o-8/71-828/!/.1021@:-A2!.?C=2;/0-A272pI!72!.-.1/;T1-A2!D?.A2! 8/!0/8?345!82!8/6/78Q7A-2!1/A75C<:-A2I!/P/;6C-F-A282!./Y2!72.!50-/7123k/.!/.1021@:-A2.! 2851282.!6/C5!`02.-CI!72!0/Y/-345!82!60/./732!8/!-7.12C23k/. !;-C-120/.!/;!62X./.!.?C= 2;/0-A275.!5?!2-782!72!D?.A2!6/C2!8-O/0.-F-A2345!8/!F507/A/850/.!8/!;21/0-2C!;-C-120I! 1/78Q7A-2!60512:57-W282!6/C2!'/7/W?/C2G!! 3;>;?E;A6OY;?@Z!60/./732!;-C-120R!/P627.-57-.;5!/.128?7-8/7./R!#;@0-A2!&21-72R!D2./.! ;-C-120/.R!-8/71-828/!/.1021@:-A2G t )HADE;OD "+),#I!"2;-C2!#GR!*+$%H>+)!H(,+I!$27?/CG !!['[*-=>=D;E\*3E@A@NO@*=N*,;D=N* )<@E=O;[ *H-1/05-I !JKLLG! Lfg6G!$)A!*-../0121-57 ! h!905:02;2 !8/ !9<.=>028?2345 ! /;! (.1?85.!(.1021@:-A5.!82!*/F/.2!/!82!)/:?02732I!i7-O/0.-828/!U/8/02C!UC?;-7/7./G ,S-. ! c50r !A57.1-1?1/. ! 27 ! /FF501 ! 5F ! .1021/:-A ! 0/FC/A1-57 ! A/71/0/8 ! -7 ! 1S/ ! &21-7! #;/0-A27!65C-1-A2C=;-C-120]!102Y/A150]G!%1!2880/../.!1S/!/P627.-57!5F!iG)G!;-C-120]!F50A/! -7!1S/!)?DA571-7/71!D/1c//7!1S/!Ls1SG!278!JL.1G!A/71?0]G!"5;-7:!F05;!1S/!F2A1!1S21!1S/! i7-1/8!)121/.!D/A2;/!1S/!F-0.1!65c/0!15!.?AA//8!-7!605Y/A1-7:!-1.!F50A/!-7!27!/FF/A1-O/C]! 6C27/120]!C/O/CI!B?/.1-57-7:!S5c!1S/]!605A//8/8!-7!0/:208.!15!1S/-0!-;;/8-21/!.1021/:-A! .?005?78-7:.I!-G/GI!1S/!C20:/!1/00-150-2C!20/2!1S21!:5/.!F05;!$/P-A5!15!1S/!O-A-7-1-/.!5F! #71201-82G!e/!20:?/!1S21I!?7C-r/!cS21!1S/!.-;6C-F-/8!272C].-.!5F!1S/!A5;;/0A-2C!D2C27A/! ;2] ! .?::/.1I! 1S/! S/:/;57] !-7 !1S/ !)?DA571-7/71 ! 0/60/./71/8 !27 !-7-1-2C ! 278!/../71-2C! .1021/:-A ! ;5O/;/71 ! 15c208. ! 1S/ ! /P102508-720] ! :05c1S ! 5F ! 1S/ ! i7-1/8 ! )121/.I ! 278 ! 1S/! A57B?/.1!5F!-1.!65.-1-57!2.!S/:/;57-A!65c/0!-7!1S/!-71/0721-572C!0/C21-57.G ,S/ ! .60/28-7: ! 5F ! 1S/ ! iG) ! D?.-7/.. ! .5?1Sc208 ! 155r ! 6C2A/I ! -7-1-2CC]I ! 1S05?:S! 8-.6?1/.!c-1S!1S/!5C8!(?056/27!65c/0.!278I!.?D./B?/71C]I!-7!1S/!8-0/A1!7/:51-21-57!c-1S! 1S/!/750;5?.!621ASc50r!5F!F50;/0!A5C57-/.!1S21!D05r/!-7!.5;/!-7A57AC?.-O/!c2]!1S/! A5C57-2C!62A1.!c-1S!1S/-0!F50;/0!;/10565C-.G e/ ! F5A?. ! 57 ! 1S0// ! :0/21 ! iG)G ! /P627.-57-.1 ! ;5O/.E ! 1S/ ! 85;2-7 ! 5O/0 ! "/7102C! #;/0-A2 ! l6201-A?C20C] ! 1S/ ! C-1/02C ! 2660560-21-57 ! 5F ! 9272;2mI ! 1S/ ! AS202A1/0-.1-A! A57F057121-57!5F!1S/!"5C8!e20!lcS-AS!S266/7/8!2C57:!c-1S!1S/!-7.1-1?1-57!5F!;-C-120]! 0/:-;/. !-7 !)5?1S ! #;/0-A2m ! 278I! -7 !1S/ ! C2.1 !8/A28/.I !1S/ ! -7./01-57 ! 5F! ;-C-120] !D2./.! l.?DY/A1!15!:05c-7:!8-..21-.F2A1-57 !F05;!&21-7=#;/0-A27 !:5O/07;/71. !278!.5A-/1-/.mG! ,S-.!C2.1!;5O/!-.!0/C21/8!15!1S/!6/0.6/A1-O/!5F!1S/!8/A28/7A/!5F!1S/!iG)G!S/:/;57]I! 0/FC/A1/8!-7!1S/!211/;61!15!/7C20:/!1S/-0!60/./7A/!-7!1S/!)5?1S!#1C271-AG e/!A57AC?8/8!1S21!1S/!8/;5A021-W21-57!5F!1S/!65C-1-A2C!0/:-;/.!-7!&21-7!#;/0-A2! D]!1S/!/78!5F!1S/!JK1S!A/71?0]!278!1S/!.5A-5/A575;-A!28O27A/.!-7!)5?1S!#;/0-A2I!c-1S! /;6S2.-.!15!1S/!`02W-C-27!8/O/C56;/71I!A5710-D?1/8!15!1S/!A?00/71!c/2r/7-7:!5F!1S/!iG)G! S/:/;57] ! -7 ! 2 ! c50C8 ! C/O/CG ! (O/7 ! 1S5?:SI ! 0/A/71C]I ! 1S/0/ ! S2O/ ! D//7 ! 2 ! O/01-:-75?.! /7C20:/;/71 ! 5F!1S/ !iG)G!;-C-120]! D2./. !-7! 1S/! )?DA571-7/71I ! 1S/0/ !-. ! 2!AC/20 ! C5.. !5F! .1021/:-A=65C-1-A2C!A57105CI!/P60/../8!-7!1S/!0/.-.127A/!15!1S/!2D.5061-57I!D]!1S/!&21-7! #;/0-A27!;-C-120]I!5F!r/]=A57A/61.R!-7!1S/!/FF501.!15c208.!1S/!/C2D5021-57!5F!2!o)5?1S! #;/0-A27 ! .1021/:-A ! -8/71-1]pR ! -7 ! 1S/ ! .].1/;21-A ! ./20AS ! F50 ! 1S/ ! 8-;-7?1-57 ! 5F ! 1S/! 1/AS75C5:-A!8/6/78/7A]I!2.!/P/;6C-F-/8!-7!1S/!.1021/:-A!50-/7121-57.!F5CC5c/8!D]!`02W-CI! -7!1S/!0/Y/A1-57!15!1S/!60/./7A/!5F!;-C-120]!-7.12CC21-57.!-7!)5?1S!#;/0-A27!A5?710-/.!50! -7 ! 1S/! ./20AS !F50!1S/!8-O/0.-F-A21-57 !5F!;-C-120]!;21/0-2C !./CC/0.I !1/78/7A]!C/28/8 !D]! '/7/W?/C2G ]@\^CEBAZ *$-C-120]!60/./7A/R!/P627.-57-.;R!&21-7!#;/0-A2R!;-C-120]!D2./.R!.1021/:-A! -8/71-1] g '!-_&#/ '=T>;A ` ,=AD;*B@*-;a;A b #NDECBSWcC LK 0;adDS>C*#*6*3)")-_I*#'.-/*%'.&).:7#0/ Lb 0;adDS>C*##*6*/*0/-3,%e/*-#,#.)&*(/*3)")-_ fK 0;adDS>C*###*g*)'*M)'%'*")*7!%&&)*+&#) hi 0;adDS>C*#$*g*%e3)"'9/*35'67!%&&)*+&#) jb 0;a=DS>C*$*6*/*3,)"/*0/,k-M#) iJ 0CNO>SAcC b` M=H>=CTE;R=; LKL )"%e/' #7/P5!% #7/P5!%% #7/P5!%%% LJf LMM LfJ s '#7,)' )&0*g!!"#$%$&%'&($&)'*+,(-.$&%'&/0(0#,-$ )&%")*g!#C-2732!a/6?DC-A272!H2A-572C! )E<;A*0M&"*g!B?X;-A2.I!D-5C<:-A2.I!028-5C<:-A2.!/!7?AC/20/.!l/1'#-.$(2&3-0(04-.$(2 & )$%-0(04-.$(&$5%&67.('$"m )!.%0*g!!8($58-.&95%'":'$&;':8&$5%&<=$(7$8-05&/'58'" )l)0*g!)-.1/;2!8/!"57105C/!/!#8O/01Q7A-2!#@0/2!l!-",0"5'&>$"5-54&$5%&/058"0(& ?@:8'#m M#(*g!`27A5!%71/02;/0-A275!8/!*/./7O5CO-;/715 M#&(*g!`27A5!%71/072A-572C!6202!a/A57.10?345!/!*/./7O5CO-;/715 M&)0*g!#15!8/!a/2C-7S2;/715!/!U/AS2;/715!8/!`2./.!l3$:'&)'$(-45#'58&$5%& /(0:7"'m 0M&"!"!/$"-,,'$5!`2.-7!)$%$"!H/1c50r! 003*g!"5;-..45!85!"272C!85!9272;T 0#)*g!#:Q7A-2!"/7102C!8/!%71/C-:Q7A-2!l/'58"$(&A58'((-4'5.'&!4'5.@m 0-'*g!"5508/72345!8/!$5O-;/715.!)5A-2-. 0/2)!"&/075.-(&&05&B'#-:*1'"-.&!CC$-":! 0/")#%*g!"57F/8/02345!8/!H2A-572C-828/.!%78X:/72.!85!(B?2850 03(/0*g!"/7105!8/!9/.B?-.2!/!*5A?;/712345!8/!b-.1<0-2!"571/;650\7/2!85!`02.-C 0&'!h!/054"'::-05$(&)':'$".1&?'"=-.' 0',!"&&5A2C-828/!8/!"556/02345!/;!)/:?02732&D/00*'"$8-='&?'.7"-8@&E0.$8-05m (%)*g!*/62012;/715!#71-=*05:2. (%.*g!*/62012;/715!8/!(8?A2345!/!,0/-72;/715 (C(*g!*/62012;/715!8/!*/F/.2!85.!(.1285.!i7-85.!li)!*/6201;/71!5F!*/F/7./m %,"*g!(P@0A-15!8/!&-D/012345!H2A-572C! %!)*g!(.1285.!i7-85.!82!#;@0-A2 +)M*g!U5032!#@0/2!`02.-C/-02 +)&0*g!U5032.!#0;282.!a/O5C?A-57T0-2.!82!"5C[;D-2 +-#*g!U?785!$57/1T0-5!%71/072A-572C +/,*g!&5A2C-828/!+6/02A-572C!#O273282!lF0"G$"%&H*'"$8-54&E0.$8-05m LK +/'*6!&5A2C-828/!+6/02A-572C!#O273282!u!95.15!8/!+6/02345!#O273285!lF0"G$"%& H*'"$8-54&?-8'm!l@!5?102!8/75;-72345!6202!U+&m 2&l*g&B7#$5&)-418:&>$8.1 U#).+*g!I0-58&A58'"$4'5.@&;$:J&F0".'! -=NSAD;Y*g!$-..45!82.!H23k/.!i7-82.!6202!2!(.12D-C-W2345!75!b2-1-/M*g&`2./!$-C-120&DK$-5&H*'"$8-54&3$:'L /%)*g*+0:27-W2345!85.!(.1285.!#;/0-A275. /,)(%*g!+0:27-W2345!&21-75=#;/0-A272!8/!(7/0:-2! /"#0*g!+0:27-W2345!85.!95O5.!%78X:/72.!lH"4$5-M$.-N5&6$.-05$(&A5%O4'5$&%'& /0(0#,-$m /"!*g!+0:27-W2345!82.!H23k/.!i7-82. &0'*g!)$%$"&/"0::&?'.8-05 &&.*g!)'C74''&)'=-'G&;"-,75$( '/)*g!?.100(&0C&81'&!#'"-.$: ''#!"&?8"$8'4-.&?87%-':&A5:8-878' '.&).+/&*g!?8"$8'4-.&F0"'.$:8-54 !0(3*g*9**:$($&/05C(-.8&P$8$&Q"04"$# !")'!,*g!i7-45!8/!H23k/.!)?C=#;/0-A272. !"/(0*g!(.A0-1<0-5!82.!H23k/.!i7-82.!.5D0/!*05:2.!/!"0-;/ !['[*g!i7-1/8!)121/.! !')+*g!U5032!#@0/2!85.!(.1285.!i7-85.!l95-8'%&?8$8':&!-"&F0".'m !')&'/*g!(P@0A-15!)?C!85.!(.1285.!i7-85.!l9R?R&!"#@&?0781m !''CSDY0C<*6!"5;2785!)?C!85.!(.1285.!i7-85.!l9?&?0781&/0##$5%m l2#"'%0*g!%7.1-1?15!b/;-.F@0-A5!6202!"556/02345!8/!)/:?02732!l>':8'"5 & B'#-:*1'"'&A5:8-878'&C0"&?'.7"-8@&/00*'"$8-05m LL ,#'.)*(%*-)3)' -;a;*L[!#.!LM!A5C[7-2.!50-:-72-.G -;a;*J[!#!/P627.45!6202!5!+/.1/ -;a;*f[!a512.!A5;/0A-2-.!2102O@.!85!"272C!85!9272;T -;a;*h[!"5;6C/P5!;-C-120!85!"272C -;a;*j[!`2./!8/!>?271T72;5 -;a;*m[!`2./.!85.!(.1285.!i7-85.!72!#;@0-A2!&21-72!8?0271/!2!>?/002!U0-2 -;a;*`[!`2./.!85.!(.1285.!i7-85.!72!#;@0-A2!&21-72!6<.=>?/002!U0-2 -;a;*i[*`2./!8/!$2712I!(B?2850 -;a;*b[!#.!D2./.!A5C5;D-272. LJ #NDECBSWcC lGGGm!5.!A571-7/71/.!2;/0-A275.I!/;!O-01?8/!82!A578-345!C-O0/!/! -78/6/78/71/!B?/!28B?-0-02;!/!A57./0O2;I!745!658/;!;2-.!./0! A57.-8/0285.I!75!F?1?05I!A5;5!.?.A/1XO/-.!8/!A5C57-W2345!650! 7/7S?;2!651Q7A-2!/?056@-2!lvm n-@NA;T@<*BC*aE@A=B@ND@*-CNEC@*;C*0CNTE@AACI*LiJfo* #!/P627.45!85.!(.1285.!i7-85.!8/.8/!5!w01-A5!21@!2!#;@0-A2! 85!)?C!@!5!8/.1-75!8/!75..2!0232!/!7282!658/!8/1Q=C5G n(=AOSEAC*B@*aCAA@*BC*aE@A=B@ND@*U;<@A*MSOY;N;NI*Lij`o #. ! 6/0.-.1/71/. ! /P627.45 ! 1/00-150-2C ! / ! 605Y/345 ! 8/ ! 658/0 ! 85. ! (.1285. ! i7-85.! F502;!65715.!8/!6201-82!6202!?;2!/P102508-7T0-2!605Y/345!8/!F5032!/;!\;D-15!6C27/1T0-5! / ! -7FC?X02; ! 8/A-.-O2;/71/ ! 75. ! 8/.1-75. ! 82 ! #;@0-A2 ! &21-72 ! 8/.8/ ! 5 ! .@A?C5 ! j%jG! 90/./71/.!72!O-.45!85.!o62-.!F?782850/.pI!0/2F-0;282.!6/C5.!60/.-8/71/.!$5705/I!/;! LgJMI!/!`?AS2727I!/;!LgftR!A57F-0;282.!6/C2.!-7A571TO/-.!27/P23k/.!5?!oA5;602.p!8/! 85;X7-5. ! 1/00-150-2-.R ! 1/50-W282. ! 8/ ! F50;2 ! O-.-57T0-2 ! 650 ! ,5AB?/O-CC/ ! lJKKNmR! 8/7?7A-282. ! 6/0;27/71/;/71/ ! 650 ! ;5O-;/715. ! 8/ ! /.B?/082I ! / ! A57.1271/. ! 72.! F50;?C23k/. ! 8/ ! /C-1/. ! 65CX1-A2. ! / ! ;-C-120/. ! /.128?7-8/7./.I ! 2 ! /P627.45 ! / ! 2 ! 605Y/345! ;-C-120!/.128?7-8/7./!-71/:0202;!5!A57Y?715!8/!A578-3k/.!60/C-;-720/.!/!/../7A-2-.!6202! 5!/P/0AXA-5!82!S/:/;57-2!;?78-2CG "5;5!272C-.5?!^/77/8]!lLsgsmI!/.12!605Y/345!F5-!2A5;627S282!85!2C20:2;/715! A0/.A/71/!/!57/05.5!8/!.?2!60/./732!;-C-120!/;!/.F/02!:C5D2CG!+!B?/!/.1/O/!/;!62?12I! 6202!2.!/C-1/.!65CX1-A2.!/.128?7-8/7./.I!F5-!D/;!;2-.!B?/!5!6?05!/!.-;6C/.!8/./Y5!8/! ;2785 ! 6C27/1T0-5E ! 10212O2=./ ! 8/ ! 2../:?020 ! A578-3k/. ! /F/1-O2. ! 6202 ! 2 ! 2;6C-2345 ! 85.! 7/:<A-5.!6202!./?!6?Y271/!8/./7O5CO-;/715!-78?.10-2C!/!6202!2!0T6-82!/P627.45!8/!./?.! -7O/.1-;/715.!F-727A/-05.G!+.!(.1285.!i7-85.!72.A/02;!/!A0/.A/02;!A5;!./8/!7/:<A-5.! /!C5:0202;!-;650!./?.!-71/0/../.!?.2785!1585.!5.!;/-5.!65..XO/-.I!./;60/!0/.62C8285.! 650!?;!2620/CS5!;-C-120!B?/I!25!F-72C!85!.@A?C5!jjI!21-7:-2!1585.!5.!0/A2715.!85!:C5D5! ./;!/7A571020!0-O2-.!Z!2C1?02G #. ! #;@0-A2. ! F502; ! o8/.A5D/012.p ! / ! 65O5282. ! 1/785 ! /; ! O-.12 ! 5 ! -71/0/../! ;/0A271-C!/?056/?G!H5!/712715I!2!6201-0!82.!0?61?02.!-7A57AC?.2.!85.!62A15.!A5C57-2-.!75! F-72C ! 85 ! .@A?C5 ! j'%%% ! / ! -7XA-5 ! 85 ! .@A?C5 ! j%jI ! O/0-F-A5?=./ ! ?;2 ! 0/50-/712345 ! 75! /P/0AXA-5!82!S/:/;57-2!65CX1-A2!A571-7/712CG!#!(?0562!A/8/0-2!62?C21-72;/71/!/.6235! 6202!5.!(.1285.!i7-85.I!B?/!2..?;-0-2;!626/C!A282!O/W!;2-.!8/.12A285!75!A57Y?715!8/! LM (.1285.!72A-572-.!/;/0:/71/.!75!H5O5!$?785G!#6<.!2!A57.5C-82345!8/!.?2.!21-O-828/.! -78?.10-2-.!72!"5.12!&/.1/!72!./:?782!;/128/!85!.@A?C5!j%j!/!82!?7-F-A2345!65CX1-A2! 8/A500/71/!82!>?/002!"-O-CI!5.!(.1285.!i7-85.!./!15075?!5!:0278/!F507/A/850!8/!D/7.! -78?.10-2-. ! / ! 62..5? ! 2 ! B?/D020 ! :02821-O2;/71/ ! 1582. ! 2. ! D200/-02. ! -;65.12. ! 2 ! ./?! A5;@0A-5 ! /P1/075G ! a/A/D/785 ! -;-:0271/. ! 8/ ! 1585. ! 5. ! A571-7/71/. ! / ! 260/./712785! /P102508-7T0-2!A262A-828/!8/!-75O2345!1/A75C<:-A2I!/../!62X.!O/7A/0-2!2!A5;6/1-345!A5;! 2!(?0562!/!./?.!:5O/07271/.!D?.A20-2;!650!1585.!5.!;/-5.!2../:?020!A578-3k/.!6202!2! /P627.45!6/0;27/71/!8/!.?2.!1027.23k/.!/A57[;-A2.G! + ! 60-;/-05 ! 62..5 ! 0?;5 ! Z ! /P627.45I ! A/012;/71/I ! F5- ! 0/60/./71285 ! 6/C5! -78-.A?1XO/C ! 85;X7-5 ! /.1021@:-A5 ! 75 ! 60<60-5 ! A571-7/71/G ! #5 ! C57:5 ! 85 ! .@A?C5 ! j%jI ! 2! 605Y/345!-7-A-282!72!"5.12!&/.1/!./!8/?!0?;5!25!92AXF-A5I!2102O/..2785!C20:5!1/00-1<0-5! D/7/F-A-285!650!2;6C5.!/!8-O/0.-F-A285.!0/A?0.5.!721?02-.R!25!;/.;5!1/;65I!/.1/78/0= ./=-2!.5D0/!2.!1/002.!85!271-:5!85;X7-5!A5C57-2C!/.627S5CG!&5:5!/;!./:?-82I!/.120-2!2!5.! -71/0/../.!/.128?7-8/7./.!/.120-2;!A57.5C-8285.!650!1582!2!#;@0-A2!"/7102CG!#!6201-0!82! 90-;/-02!>?/002!$?78-2CI!5.!(.1285.!i7-85.!2;6C-20-2;!./?.!7/:<A-5.!.5D0/!2!#;@0-A2! 85!)?CI!25!1/;65!/;!B?/!;5.102O2;!F5032!2D.5C?12!.5D0/!2!60-7A-62C!651Q7A-2!2.-T1-A2I!5! d2645G!(;!1582.!/..2.!;5O-;/7123k/.I!A5;5!O/0/;5.!7/../!102D2CS5I!5!9272;TI!B?/! 21@ ! LsKM ! -71/:0202 ! 5 ! 1/00-1<0-5 ! A5C5;D-275I ! A57.1-1?-? ! ?;2 ! D2./ ! 56/02A-572C! -78-.6/7.TO/CG +!5DY/15!8/.12!8-../012345!@!5!8/./7O5CO-;/715!85!/P627.-57-.;5!/.128?7-8/7./! .5D0/ ! 5 ! A57Y?715 ! C21-75=2;/0-A275I ! /P60/..5 ! /; ! .?2 ! O/01/71/ ! 8/A-.-O2E ! 2 ! 60/./732! ;-C-120G!"2D/0-2!8/;57.1020!B?/!745!S5?O/!2A571/A-;/715!65CX1-A5!0/C/O271/!72!#;@0-A2! &21-72!8/.8/!;/285.!85!.@A?C5!j%j!./;!2!6201-A-62345!8-0/12!5?!-78-0/12I!2D/012!5?! O/C282I!85!2620215!8/!./:?02732!/.128?7-8/7./G!#!C-1/021?02!.5D0/!5!605A/..5!S-.1<0-A5! C21-75=2;/0-A275!@!D2.1271/!F2012!/;!8285.!.5D0/!2!21?2345!/.128?7-8/7./G! 950!o60/./732!;-C-120p!B?/0/;5.!8/.-:720!745!26/72.!2!;/02!2!8-.10-D?-345!8/! /F/1-O5.I ! 20;2.I ! /B?-62;/715. ! / ! -7.12C23k/. ! ;-C-120/. ! 5? ! ;/.;5 ! 5 ! 85;X7-5 ! .5D0/! 65.-3k/. !6202 !5!/;60/:5 !82!F5032G !"57.-8/02;5. !12;D@; !5. !O20-285. !2.6/A15. !B?/! /7O5CO/;!2!A57.10?345!/!2!?1-C-W2345!8/!A5065023k/.!;-C-120/.I!12-.!A5;5!2!O/782!8/! -7.10?;/715. ! D@C-A5.I ! 2 ! 50:27-W2345 ! / ! 5 ! 10/-72;/715 ! 8/ ! 10562.I ! 2 ! A262A-12345! 605F-..-572C !8/!5F-A-2-.I !2 !1027.F/0Q7A-2 !8/!A57S/A-;/715. !;-C-120/. !/.6/A-2C-W285. !/I! .5D0/1?85I!2!8-F?.45!8/!85?10-72.I!A57A/-15.I!O2C50/.!/!60-7AX6-5.G!x!A57S/A-85!8/.8/!5! -7XA-5!82!/02!;58/072!5!F215!8/!B?/!?;2!10562I!650!;/CS50!/B?-6282I!10/-7282!/!8-.65.12! LN B?/!./!260/./71/I!./;!A57A/63k/.!85?10-7T0-2.!2;6C2!/!.5C-82;/71/!/702-W282.I!1/0T!.?2! /F-ATA-2!0/8?W-82!5?!27?C282!l$#_i%#'(&I!JKLKmG! +!A57./7.5!85?10-7T0-5I!650!.?2!O/WI!8/O/0T!0/FC/1-0!2.!50-/7123k/.!/!6056/7.k/.! 85.!B?/!/P/0A/;!5!658/0!65CX1-A5G!x!65..XO/C!B?/!5!;/CS50!/P/;6C5!6202!2!A57.10?345! 82! ?7-828/!85?10-7T0-2 !;-C-120 !/710/!2.!50:27-W23k/. !;-C-120/. !.?C=2;/0-A272. !26<. !2! )/:?782!>?/002!$?78-2C!./Y2!2!2;6C2!/!605F?782!2..-;-C2345!85.!60-7AX6-5.!82!>?/002! U0-2G!#!-8/71-F-A2345!82!:0278/!2;/232!25!(.1285!/!2!.5A-/828/!F-A5?!D/;!2../71282! /710/!5.!B?/!/P/0A/0-2;!5!;2785!65CX1-A5E!10212O2=./!8/!A5;D21/0!650!1585.!5.!;/-5.! 8-.657XO/-. ! 5. ! 8/F/7.50/. ! 85 ! A5;?7-.;5I ! 2C3285. ! 2 ! A578-3k/. ! 8/ ! -7-;-:5. ! 82! A-O-C-W2345!5A-8/712CG!#!6/0A/6345!AC202!8/!B?/!A2D-2!25.!(.1285.!i7-85.!2!C-8/02732!75! /7F0/712;/715!85.!A5;?7-.12.!F5-!/71057-W282!72.!A5065023k/.!;-C-120/.!/!F2A?C15?!5! /.12D/C/A-;/715!82!?7-828/!85?10-7T0-2!75!;/-5!A2.10/7./G! 950! o60/./732! ;-C-120p ! A5;60//78/;5. !12;D@; !-71/0F/0Q7A-2. ! 745! 501585P2.I! A5;5!2!21-O-828/!8/!2:/71/.I!./A0/15.!/!2..?;-85.I!8/.1-7285.!2!F5;/7120!A57.6-023k/.I! 27:20-20!.-;621-2.I!A578-A-5720!2!56-7-45!6?DC-A2!/I!/O/71?2C;/71/I!6/06/1020!21/71285.! 1/0050-.12.I ! -7AC?.-O/ ! /7:/7802785 ! :5C6/. ! / ! 6021-A2785 ! 2..2..-7215. ! 8/ ! C-8/02732.! 65CX1-A2.!C21-75=2;/0-A272.G!#!/P60/..45!o2!A57B?-.12!85!(.1285pI!/;60/:282!650!a/7@! *0/]F?..!lLsgLm!72!27TC-./!85!A2.5!D02.-C/-05I!8/;57.102!2!0/8/!A5;6C/P2!8/!;275D02.! O-.2785!2!:20271-0!50-/7123k/.!.?D2C1/072.!.5D0/!2.!/C-1/.!/;!.?2.!O20-282.!O/01/71/.E! /A57[;-A2.I!65CX1-A2.I!-71/C/A1?2-.!/!;-C-120/.G! "5;5 ! 2 ! :?/002 ! / ! 2. ! 50:27-W23k/. ! ;-C-120/. ! 745 ! .5D0/O-O/; ! ./; ! 0/C23k/.! .?D.1271-O2. ! A5; ! 2. ! -7.1-1?-3k/. ! 6nDC-A2. ! / ! 2 ! .5A-/828/I ! A2D/0-2 ! 2-782 ! -7AC?-0 ! 72! /P60/..45!o60/./732!;-C-120p!5!05C!8/!2150/.!8-0/12;/71/!0/C2A-57285.!25!;/0A285!8/! ;21/0-2C ! ;-C-120G ! + ! .?A/..5 ! 7/.1/ ! 02;5 ! -78?.10-2C ! 2C12;/71/ ! ;57565C-W285! A5;60//78/0-2 ! ?;2 ! 21?2345 ! O20-282 ! 8/ ! 2:/71/. ! O5C1285. ! 745 ! 26/72. ! 6202 ! 2.! 50:27-W23k/. ! ;-C-120/. ! 60560-2;/71/ ! 8-12.I ! ;2. ! 12;D@; ! 6202 ! 5. ! 0/60/./71271/.! 620C2;/7120/.I!8-0-:/71/.!:5O/072;/712-.!/!CX8/0/.!65CX1-A5.!A5;!658/0!8/!8/A-.45!.5D0/! 5!/;60/:5!8/!0/A?0.5.!6nDC-A5.!6202!2B?-.-345!8/!20;2.!/!/B?-62;/715.I!Y5072C-.12.! A5; ! A262A-828/ ! 8/ ! -7FC?/7A-20 ! 2 ! 56-7-45 ! 6nDC-A2I ! 1@A7-A5. ! / ! A-/71-.12. ! A5;! 65..-D-C-828/.!8/!5F/0/A/0!5!2;6205!-78-.6/7.TO/C!25!?.5!8/!/B?-62;/715.!.5F-.1-A285.! /I ! /7F-;I ! 8-6C5;212. ! 60/620285. ! 6202 ! 5 ! /.12D/C/A-;/715 ! 8/ ! 1021285. ! / ! 2A5085.! 0/C2A-57285.!2!-71/0/../.!/.1021@:-A5.G! Lf # ! B?/.145 ! B?/ ! 50-/715? ! /.1/ ! 102D2CS5 ! F5- ! 2 ! ./:?-71/E ! A5;5 ! 605A/8/02; ! 5.! (.1285. ! i7-85. ! 75 ! B?/ ! 8-W ! 0/.6/-15 ! Z ! ;27?1/7345 ! 8/ ! ./? ! 85;X7-5 ! /.1021@:-A5! A571-7/712C!5?I!A57F50;/!5!1/0;5!65CX1-A5=2A28Q;-A5!/;!O5:2I!oS/;-.F@0-A5py #!2D027:Q7A-2!82!1/;T1-A2!75.!-;6[.!0/A501/.!60/A-.5.!8/!-7O/.1-:2345G!H/.1/! 102D2CS5I!5612;5.!6/C5!/.1?85!8/!10Q.!:0278/.!;5O-;/7123k/.E!2!85!/.12D/C/A-;/715!85! A5;6C/P5!;-C-120!85!"272C!85!9272;TI!2!8-../;-72345!8/!D2./.!;-C-120/.!26<.!2!>?/002! U0-2!/!5!0/A/71/!/.12D/C/A-;/715!8/!:0278/.!-7.12C23k/.!72!"5C[;D-2G! #6/.20!8/!./!102120!8/!?;!;/0:?CS5!/;!2C20:285!605A/..5!S-.1<0-A5I!2!60-7A-62C! ;51-O2345 ! 8/.1/ ! /.1?85 ! @ ! A57.1-1?X82 ! 6/C2. ! -71/005:23k/. ! 2A/0A2 ! 82. ! ;?82732. ! /;! 6/0.6/A1-O2!72!508/;!-71/072A-572C!A571/;650\7/2G!+!B?/!75.!;51-O2!@!2!2A/C/0282!/! 605F?782!2C1/02345!72!A500/C2345!8/!F5032.!72.!0/C23k/.!-71/072A-572-. !82!21?2C-828/I! B?2785 ! 5. ! A/7105. ! S/:/;[7-A5. ! O-O/7A-2; ! :02O/. ! A0-./. ! -71/072. ! / ! @ ! 751<0-2 ! 2! /;/0:Q7A-2!8/!75O5.!2150/.!:C5D2-.G! (;!./?.!8-.A?0.5.I!5!21?2C!60/.-8/71/!85.!(.1285.!i7-85.I!`202Ar!+D2;2I!1/;! 2..-72C285 ! 5 ! F/7[;/75 ! 82 ! 6/082 ! 82 ! 2?15A57F-2732 ! /710/ ! ./?. ! A5;6210-512.I ! ./785! A0/.A/71/. ! 2. ! 8nO-82. ! B?2715 ! Z ! A262A-828/ ! 8/ ! e2.S-7:157 ! 6/0.-.1-0 ! 75 ! /P/0AXA-5! -7A571/.1/ ! 82 ! S/:/;57-2 ! 2D.5C?12 ! 75 ! A/7T0-5 ! -71/072A-572CG ! H45 ! 5D.1271/I ! /710/ ! 5.! /.6/A-2C-.12.I!@!A57./7.?2C!2!75345!8/!B?/!2!F5032!;-C-120!/.128?7-8/7./I!8/O-85!Z!.?2! -78-.A?1XO/C ! .?6/0-50-828/ ! 1/A75C<:-A2I ! 6/0;27/A/0T ! 650 ! ;?-15 ! 1/;65 ! /; ! C20:2! O2712:/; ! F0/71/ ! 2 ! B?2CB?/0 ! /O/71?2C ! 28O/0.T0-5G ! +DO-2;/71/I ! /../ ! B?2805 ! 658/ ! ./! 8/.F2W/0 ! 25 ! .2D50 ! 82 ! 2A/C/02345 ! 8/ ! 605A/..5. ! /; ! A?0.5I ! ;2. ! 5. ! (.1285. ! i7-85.! 6/0.-.1/;!A5;!A262A-828/!8/!-71/0O/7345!;-C-120!-7-:?2CTO/CG!(.12!.?6/0-50-828/!CS/.! :20271/!A578-3k/.!8/!A571-7?20!-71/0F/0-785!./0-2;/71/!75.!0?;5.!82!#;@0-A2!&21-72G! H/.12 ! 8-../012345I ! 60/1/78/;5. ! 0/FC/1-0 ! 2A/0A2 ! 8/ ! A5;5 ! 5. ! (.1285. ! i7-85.! A57./:?-02;!A57B?-.120!/!;271/0!650!12715!1/;65!2!.?60/;2A-2!/;!0/C2345!25.!./?.! O-W-7S5. !85!)?CR!1/712;5. !A5;60//78/0 !A5;5 !/../!62X.!A57./:?-?!:20271-0 !5!/.10-15! A57105C/!65CX1-A5=;-C-120!/;!./?!/715075!/.1021@:-A5G! x!.2D-85!B?/!271/.!;/.;5!82!%%!>?/002!5.!;-C-120/.!/.128?7-8/7./.!15;202;! -7-A-21-O2. ! O-.2785 ! 2 ! 8/.D27A20 ! 2. ! 1028-A-572-. ! -7FC?Q7A-2. ! F027A/.2I ! :/0;\7-A2 ! /! D0-1\7-A2!l*+$%H>+)!H(,+I!LstsR!$A"#HHI!LssfR!$#a,%H)!U%&b+I!JKLKmG!$2.! 2!2605P-;2345!/F/1-O2I!6/C5!;/75.!/;!0/C2345!25.!;-C-120/.!D02.-C/-05.I!5A500/0-2!26/72.! 8?0271/!2!)/:?782!>?/002!$?78-2C!l#&'()I!JKKJR!)(%,(HUi)I!JKKMmG!! H5..5. ! B?/.1-572;/715. ! 2A/0A2 ! 82 ! 60/./732 ! ;-C-120 ! /.128?7-8/7./ ! 6201/; ! 85! 60/..?65.15!8/!B?/!5!A57105C/!85!"272C!85!9272;T!/!2!AS2;282!o(.A5C2!82.!#;@0-A2.p! Lq F502;!8/!F?782;/712C!-;6501\7A-2!72!2605P-;2345!85.!(.1285.!i7-85.!A5;!2.!/C-1/.! ;-C-120/. ! C21-75=2;/0-A272.I ! 6/0;-1-785=CS/. ! 5 ! A57105C/ ! S/:/;[7-A5 ! 82. ! O/782. ! 8/! /B?-62;/715 ! ;-C-120 ! /I ! 650 ! A57./BzQ7A-2I ! 2 ! 56501?7-828/ ! 8/ ! 0/62..20 ! .?2. ! 1@A7-A2.! 56/02A-572-.I ! A57A/63k/. ! /.1021@:-A2.I ! 60-7AX6-5. ! / ! O2C50/. ! B?/ ! 5F/0/A/; ! C2.105 ! Z! 605Y/345!/.128?7-8/7./G! "5;6/C-85!2!8/.C5A20!5!A5;6C/P5!;-C-120!-7.12C285!75!9272;T!6202!./?!60<60-5! 1/00-1<0-5!/;!LsssI!5!A5;2785!/.128?7-8/7./!F5-!C/O285!2!-7FC/Pk/.!1T1-A2.I!8-.10-D?-785! D2./.!;-C-120/.!25!C57:5!85!1/00-1<0-5!.?C=2;/0-A275!./;!2D8-A20I!650!.?65.15I!8/!.?2! 60/./732 ! 5.1/7.-O2 ! 72 ! #;@0-A2 ! "/7102CI ! /.6235 ! :/5:0TF-A5 ! 7/O0TC:-A5 ! 85 ! A5;@0A-5! ;?78-2C!/!65715!AS2O/!8/!./?!/715075!/.1021@:-A5G!#!-;6501\7A-2!85!"20-D/I!0/O/C282!YT! 8/.8/!5.!1/;65.!A5C57-2-.I!6/0.-.1-0-2I!./785!/O-8/7A-282!72!F2;5.2!oA0-./!85.!;X../-.pI! /; ! LsqLG ! #. ! A57./B?Q7A-2. ! 8/ ! ?; ! /O/71?2C ! oF/AS2;/715p ! 85 ! "272C ! ./0-2;! -7-;2:-7TO/-.I!745!.<!6202!2!/A575;-2!/.128?7-8/7./I!;2.!6202!2!/A575;-2!;?78-2CG! #6<.!5!F-72C!82!>?/002!U0-2I!8?0271/!2!B?2C!;?-15.!62X./.!C21-75=2;/0-A275.!/.1-O/02;! 85;-7285. !650!8-128?02. !;-C-120/.I !5. !(.1285. !i7-85. !2;6C-202; !.?2!A262A-828/ !8/! -71/0O/7345!;?C1-6C-A2785!.?2.!D2./.!56/02A-572-.!/;!1/002!/!75!;20G H5.!A26X1?C5.!8/.12!8-../012345I!605A?02;5.!;26/20!2!8-.10-D?-345!/.62A-2C!/!2! A262A-828/!56/02A-572C!85.!8-.65.-1-O5.!;-C-120/.!/.128?7-8/7./.!D/;!A5;5!272C-.20!2.! 201-A?C23k/. ! / ! 5. ! 8-.A?0.5. ! B?/ ! 60/1/78/02; ! Y?.1-F-AT=C5.G ! $271-O/;5. ! 6201-A?C20! 21/7345 ! Z. ! ;51-O23k/. ! / ! 50-/7123k/. ! 85. ! /.1021/:-.12. ! 85 ! 9/71T:575 ! 75! 0/8-;/7.-572;/715!/!0/8-.10-D?-345!8/!12-.!8-.65.-1-O5.G!(.1-O/;5.!-:?2C;/71/!21/715.! Z. ! 0/6/0A?..k/. ! 8/ ! 12C ! 60/./732 ! /710/ ! 2. ! A5;?7-828/. ! 72A-572-. ! C21-75=2;/0-A272.G! */.8/!2!)/:?782!>?/002!$?78-2CI!2.!-7.12C23k/.!;-C-120/.!/.128?7-8/7./.!7/.1/!/.6235! 62..202;!2!A57.1-1?-0!5!2CO5!60-O-C/:-285!85.!212B?/.!8/!;-C-120/.!72A-572C-.12.I!./150/.! 8/;5A0212.!/!85.!;5O-;/715.!8/!/.B?/082!8/!?;2!F50;2!:/02CG (7B?2715 ! 8?05? ! 2 ! >?/002 ! U0-2I ! 2 ! 21?2345 ! ;-C-120 ! 85. ! (.1285. ! i7-85. ! F5-! F50;2C;/71/ ! Y?.1-F-A282 ! 6/C2 ! 2;/232 ! 0/60/./71282 ! 6/C2. ! o21-O-828/. ! A5;?7-.12.pI! 260/./71282.!A5;5!A262W/.!8/!27-B?-C20!5.!O2C50/.!;2-.!A205.!82!.5A-/828/!85!;?785! 5A-8/712C ! A0-.145G ! + ! 271-A5;?7-.;5 ! F5- ! C20:2 ! / ! 605F?782;/71/ ! 2..-;-C285 ! 6/C2! S-/020B?-2!;-C-120!.?C=2;/0-A272I!A5;5!8/;57.105?!)/D2.1-45!#780@!#CO/.!U-CS5!/;!.?2! 1/./!8/!85?150285!lJKLLmG!9202!?.20!?;2!/P60/..45!8/!+1TO-5!'/CS5!lJKKtmI!2!S-/020B?-2! ;-C-120!C21-75=2;/0-A272!./!15075?!o;2-.!0/2C-.12!B?/!5!0/-pG!+!;/.;5!./!658/!8-W/0!82! S-/020B?-2!82!%:0/Y2!"21<C-A2!/!82.!./-12.!/O27:@C-A2.!/;!0T6-82!605C-F/02345!8/.8/!5.! 275.!LstKG!,027.F50;285.!/;!-7-;-:5.!82!S?;27-828/I!5.!;-C-1271/.!A5;?7-.12.!F502;! Lt 6/0./:?-85.!650!1585.!5.!;/-5.I!-7AC?-785!5.!;2-.!D/.1-2-.R!A5;!F0/B?Q7A-2I!2.!/C-1/.! C21-75=2;/0-A272. ! 2C-7S282. ! 25. ! (.1285. ! i7-85. ! D?.A202; ! .?2 ! /C-;-72345 ! FX.-A2! l&($+)I!JKKJmG! )?.1/712;5. ! B?/ ! 5 ! 8/.;271/C2;/715 ! 85 ! `C5A5 ! )5O-@1-A5 ! / ! 2 ! 8/005A282 ! 8/! 0/:-;/. ! .5A-2C-.12. ! 745 ! 21/7?202; ! 2. ! -7B?-/123k/. ! /.128?7-8/7./. ! B?2715 ! Z.! 6/0.6/A1-O2.!65CX1-A2.!82!#;@0-A2!&21-72G!#5!A5710T0-5I!2!0/8/;5A021-W2345I!0/D2-P2785! 2!A262A-828/!8/!-71/0O/7345!82.!A5065023k/.!;-C-120/.!72.!50-/7123k/.!:5O/072;/712-.I! F/W!A5;!B?/!5.!(.1285.!i7-85.!2;6C-2../;!.?2!60/./732!;-C-120I!2:502!Y?.1-F-A282!6/C5! B?/!5!Y20:45!/.6/A-2C-W285!8/.-:72!A5;5!o75O2.!2;/232.pG!H/.12!/P60/..45I!./;60/! ;2C!8/F-7-82I!;2.!2..-;-C282!6/C5.!;-C-120/.!/!2A28Q;-A5.!C21-75=2;/0-A275.I!/.120-2;! -7AC?.5. ! 5 ! 10TF-A5 ! -C/:2C ! 8/ ! 805:2.I ! 20;2. ! / ! 6/..52.R ! 5 ! 72A-572C-.;5 ! @17-A5 ! / ! 5! F?782;/712C-.;5!0/C-:-5.5R!5!.?0:-;/715!8/!o723k/.!./;!(.1285pR!5.!o(.1285.!F2C-85.pR! 2!A57A500Q7A-2!650!F571/.!8/!/7/0:-2R!2.!0/8/.!A0-;-75.2.!1027.72A-572-.R!6278/;-2.R! ;5O-;/715.!;-:021<0-5.!)?C=H501/!/!;/.;5!B?/.1k/.!AC-;T1-A2.!/!2;D-/712-.G!,2;D@;! 658/; ! ./0 ! A57.-8/0285. ! 8/710/ ! /.12. ! o75O2. ! 2;/232.p ! 5. ! 0/:-;/. ! 72A-572C-.12. ! 8/! A?7S5 ! 0/F50;-.12I ! A5;5 ! 5 ! 82 ! '/7/W?/C2I ! (B?2850 ! / ! `5CXO-2 ! l#$(a%"#H! a(U(a(H"(!"(H,(aI!JKLLR!b#a,I!JKLLR!)#%H,=9%(aa(!(!$#,b%#)I!JKKLmG! "57.-8/02;5.!12;D@;!B?/!2.!1/78Q7A-2.!65CX1-A2.!;?78-2-.!/!2.!;?82732.!72! 60<60-2!#;@0-A2!&21-72!C/O202;!5.!(.1285.!i7-85.!2!210-D?-0!?;!75O5!626/C!25.!./?.! -7.10?;/715. ! 8/ ! 605Y/345 ! 8/ ! 658/0G ! #. ! -7B?-/123k/. ! /.128?7-8/7./. ! /; ! 0/C2345 ! 25.! 0?;5.!C21-75=2;/0-A275.!/.145!O-.XO/-.!72.!27TC-./.!85!-7FC?/71/ !/075.-(&05&F0"'-45& )'($8-05:I!50:27-W2345!F?78282!/;!LsJLI!./;!OX7A?C5.!6201-8T0-5.I!8/8-A282!2!/.1?85.! 8/!65CX1-A2!/P1/072!/!85!626/C!85.!(.1285.!i7-85.!75!;?785GL! (;!2;D-/71/!8/!:02O/!A0-./!/A57[;-A2I!A5;5!5!B?/!1/;5.!O-O-85!75.!nC1-;5.! 275.I ! 2. ! -7-A-21-O2. ! O5C1282. ! 6202 ! ;271/0 ! ?;2 ! A262A-828/ ! 56/021-O2 ! -78-.A?1XO/C ! /;! 1/002I ! ;20 ! / ! 20 ! .?:/0/; ! B?/ ! 5. ! (.1285. ! i7-85. ! ./ ! 60/6202; ! 6202 ! /7F0/712;/715.! A57A0/15. ! /; ! 602W5. ! -78/F-7-85.G ! "571?85I ! 12C ! 65..-D-C-828/ ! 745 ! 620/A/ ! 1/0 ! .-85! AC202;/71/ ! 2..-;-C282 ! 6/C2 ! ;2-50-2 ! 85. ! :5O/07271/. ! C21-75=2;/0-A275.G ! H5 ! B?/ ! 8-W! 0/.6/-15 ! 25!`02.-CI!/710/12715I!YT!1027.620/A/I!;/.;5!B?/!1-;-82;/71/I!72!(.1021@:-2! L !o#!/02!85.!(.1285.!i7-85.!A5;5!-7FC?Q7A-2!85;-7271/!72!#;@0-A2!&21-72!2A2D5?G!92X./.!82!0/:-45!745! 26/72. ! ./ ! F5012C/A/02; ! A5;5 ! /P6278-02; ! 0/C23k/. ! A5; ! 5?105.I ! -7AC?-785 ! 2 ! "S-72 ! / ! 2 ! {78-2G! a/A/71/;/71/I!2!21/7345!85.!(.1285.!i7-85.!12;D@;!./!A57A/7105?!/;!5?105.!C?:20/.I!6201-A?C20;/71/! 75.!8/.2F-5.!85!+0-/71/!$@8-5G!+!0/.?C1285!@!?;2!0/:-45!B?/!8/F-7/!./?!F?1?05!;?-15!;2-.!85!B?/!8/F-7-?! ./?!62..285pG!l/075.-(&05&F0"'-45&)'($8-05:I!a/C21<0-5!JKKqmG Lg H2A-572C ! 8/ ! */F/.2 ! 2851282 ! 75 ! F-72C ! 8/ ! JKKgI ! ./785 ! 5.1/7.-O2 ! 75. ! 8-.A?0.5. ! 85! 60/.-8/71/!O/7/W?/C275!b?:5!"STO/WG! #!60/./732!;-C-120!85.!(.1285.!i7-85.!2-782!1/;!2!./?!F2O50!?;2!C57:2!1028-345! 8/!605P-;-828/!A5;!2.!/C-1/.!A-O-.!/!A5;!5.!2620/CS5.!;-C-120/.!C21-75=2;/0-A275.G!H5! B?/ ! A57A/07/ ! Z. ! /C-1/. ! A-O-.I ! 2 ! .-;621-2 ! 658/ ! ./0 ! 6/0A/D-82 ! 72. ! C-7S2. ! /8-150-2-. ! 82! :0278/ ! -;60/7.2 ! C21-75=2;/0-A272I ! B?/ ! B?2./ ! ./;60/ ! ./ ! 65.-A-572 ! /; ! F2O50 ! 82.! 50-/7123k/. ! 82 ! 65CX1-A2 ! /P1/072 ! /.128?7-8/7./ ! / ! ;5.105?=./ ! -78<A-C ! F0/71/ ! Z! -;6C/;/712345 ! 8/ ! 75O2. ! 50-/7123k/. ! 82 ! 65CX1-A2 ! /P1/072 ! D02.-C/-02 ! -72?:?0282 ! 6/C5! 60/.-8/71/!&?X.!%7TA-5!&?C2!82!)-CO2G H2!/.F/02!65CX1-A2I!2A0/8-12;5.!B?/!2!21?2345!85.!(.1285.!i7-85.!72!#;@0-A2! &21-72!8/O/!.5F0/0!;?82732.!.-:7-F-A21-O2.I!./Y2!650!A5712!82.!2C1/023k/.!72!F50;2!8/! A578?W-0!2!:?/002!h!2!A282!8-2!.?0:/;!75O5.!/!.5F-.1-A285.!201/F215.!8/!?.5!D@C-A5!hI!5?! 6/C2 ! 1/78Q7A-2 ! 8/ ! -71/:02345 ! A571-7/712C ! .5D ! 2 ! C-8/02732 ! D02.-C/-02G ! U0/B?/71/;/71/! 0/F/0-82!A5;5!5!oB?-712Cp!85.!(.1285.!i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k/. ! A5; ! 620A/-05. ! 5?10502 ! -7.-:7-F-A271/.G ! +.! -71/0A\;D-5.!A5;!2!"S-72I!an..-2I!+0-/71/!$@8-5!/!;/.;5!2!wF0-A2!/P6/0-;/71202;! A0/.A-;/715 ! .-:7-F-A21-O5I ! /7O5CO/785I ! -7AC?.-O/I ! 2.6/A15. ! ;-C-120/.I ! /.6/A-2C;/71/ ! 2! 2B?-.-345 ! 8/ ! /B?-62;/715. ! D@C-A5. ! / ! 2A5085. ! 8/ ! A556/02345 ! 1@A7-A5=A-/71XF-A2! l$%H%),xa%+!*#)!a(&#|}()!(j,(a%+a()I!JKLKmG!#!-71/:02345!.?C=2;/0-A272!/! /.12.!75O2.!620A/0-2.!h!72!;/8-82!/;!B?/!0/60/./712;!2C1/0721-O2.!6202!2;6C-2345!8/! ;/0A285. ! 6202 ! 5. ! 6058?15. ! .?C=2;/0-A275. ! / ! -78/6/78Q7A-2 ! /; ! 0/C2345 ! Z ! 6058?345! /A57[;-A2!/.128?7-8/7./!h!745!8/-P20-2;!8/!/.1-;?C20!5.!(.1285.!i7-85.!2!2../:?020! 60/./732!75!)?DA571-7/71/G!#.!0/./0O2.!6/105CXF/02.!82!'/7/W?/C2!/!2!0/A/71/!8/.A5D/012! 85 ! 60@=.2C ! 72 ! A5.12 ! D02.-C/-02 ! 26/72. ! 2C-;/712; ! 2. ! 60/5A?623k/. ! /.1021@:-A2. ! 85! 9/71T:575!/;!0/C2345!Z!#;@0-A2!85!)?CG i;2!60/5A?62345!85.!/.1021/:-.12.!85!9/71T:575!/..2!1/78Q7A-2!8/!-71/:02345! A571-7/712CI ! -C?.10282 ! 6/C2 ! .?6/02345 ! 82 ! 0-O2C-828/ ! 2C-;/71282 ! 6/C2. ! A5065023k/.! Ls ;-C-120/.!D02.-C/-02.!/!20:/71-72.I!6/C2!A0-2345!85!$/0A5.?C!/I!;2-.!0/A/71/;/71/I!6/C2! iH#)i&G!#71-:2!2.6-02345!8/!/.128-.12.!C21-75=2;/0-A275.I!2!O57128/!8/!-71/:02345! .5F0/? ! A57.1271/ ! 565.-345 ! 8/ ! /C-1/. ! A-O-. ! / ! ;-C-120/. ! C21-75=2;/0-A272. ! F501/;/71/! -7FC?/7A-282. ! 650 ! 2:Q7A-2. ! ;?C1-C21/02-. ! A5;5 ! 5 ! U?785 ! $57/1T0-5 ! %71/072A-572CI ! 5! `27A5!$?78-2C!/!+0:27-W2345!85.!(.1285.!#;/0-A275.I!1582.!.?D;-..2.!Z.!50-/7123k/.! 8/ ! e2.S-77157G ! $[7-A2 ! *-2. ! $201-7. ! lJKKNm ! 8/;57.105? ! A5;5 ! 12-. ! 2:Q7A-2.I ! /;! 6201-A?C20!5!`27A5!$?78-2CI!2A5;627S2785!8/1/0;-723k/.!/.1021@:-A2.!/.128?7-8/7./.I! A57./:?-02; ! -71/0F/0-0 ! 75. ! ;2-. ! 8-O/0.5. ! 2.6/A15. ! 82. ! 65CX1-A2. ! 6nDC-A2. ! 8/ ! 62X./.! A5;6/C-85.!2!2A2120!.?2.!o2Y?82.pG! */F/78/0/;5. ! 7/.1/ ! 102D2CS5 ! B?/ ! 2 ! -71/:02345 ! .?C=2;/0-A272 ! ./ ! 8/./7O5CO/! 6202C/C2;/71/!25!A0/.A-;/715!8/!2.6-023k/.!72A-572C-.12.!/!8/!8/;2782.!650!0/F50;2.! .5A-2-. ! B?/ ! 2C1/02; ! 5. ! F?782;/715. ! 82 ! 0/6058?345 ! 85 ! 658/0G ! "5;5 ! 20:?;/71202;! *5;-7:5. ! H/15 ! / ! $[7-A2 ! *-2. ! $201-7. ! lJKKqmI ! o5 ! 72A-572C-.;5 ! @ ! F-CS5 ! 8-C/15 ! 85! -71/072A-572C-.;5pG ! (710/ ! 5. ! /C/;/715. ! B?/ ! -C?.102; ! 2. ! 60/1/7.k/. ! 8/ ! ;?82732 ! 72! #;@0-A2 ! &21-72I ! ;/0/A/; ! 6201-A?C20 ! 21/7345 ! 5 ! 8-72;-.;5 ! / ! 2 ! 028-A2C-W2345 ! 85.! ;5O-;/715. ! @17-A5. ! l$#%~I ! JKKsmI ! 2 ! YT ! ;/7A-57282 ! /C/-345 ! 8/ ! :5O/075.! A5;605;/1-85.!A5;!0/F50;2.!.5A-2-.I!2!-;6C/;/712345!8/!605:02;2.!8/!-7AC?.45!.5A-2C! /!2!D?.A2!650!75O2.!620A/0-2.!-71/072A-572-.I!-7AC?.-O/!75!85;X7-5!8/!1/A75C5:-2!8/! 65712 ! l#$#a#&I ! JKLKmG ! # ! 8/;2782 ! 650 ! 65CX1-A2. ! 6nDC-A2. ! B?/ ! 60/./0O/; ! 2! .?.1/712D-C-828/ ! 2;D-/712C ! 12;D@; ! ;/0/A/ ! 8/.12B?/G ! #. ! 1/78Q7A-2. ! /; ! A?0.5 ! .45! 2A5;627S282.!8/!A571/.123k/.!Z!S/:/;57-2!/P/0A-82!6/C5.!(.1285.!i7-85.!72!#;@0-A2! &21-72G x ! O2.12 ! 2 ! C-1/021?02 ! B?/ ! 10212 ! 82. ! 0/C23k/. ! /710/ ! (.1285. ! i7-85. ! / ! #;@0-A2! &21-72G ! # ! ;2-50 ! 6201/ ! 85. ! 1/P15.I ! A/012;/71/I ! @ ! 6058?W-82 ! 75. ! :0278/. ! A/7105.! ?7-O/0.-1T0-5. ! /.128?7-8/7./.I ! A5; ! F501/ ! 2;6205 ! ;21/0-2C ! 82 ! "%# ! / ! 85 ! 9/71T:575I! C-1/021?02!B?/!-7FC?/7A-2!F501/;/71/!2?150/.!C21-75=2;/0-A275.!8/8-A285.!25.!/.1?85.!82.! 0/C23k/.!-71/072A-572-.G! (; ! o<=0(=-54 & 9? & :8"$8'4@ & C0" & E$8-5 & !#'"-.$ & $5% & 81' & /$"-,,'$5S & K787$(& 1'#-:*1'"-. & .05.'"5: & $5% & 0**0"875-8-': & C0" & 81' & TUUV:pI ! 5D02 ! 6?DC-A282 ! 6/C2! i7-O/0.-828/ ! 8/ ! */F/.2 ! H2A-572C ! 85. ! (.1285. ! i7-85.I ! 8-O/0.5. ! 2?150/. ! 272C-.2;! 605DC/;2. ! B?/ ! A57.-8/02; ! oA5;?7.pI ! 0/C21-O5. ! Z ! o./:?02732 ! S/;-.F@0-A2pI ! A5;5 ! 2.! B?/.1k/. ! 2;D-/712-.I ! 8/ ! .2n8/ ! / ! 605DC/;2. ! 8/ ! -;-:02345G ! H/.12 ! 5D02I ! 5. ! 2?150/.I! 28512785!2!6/0.6/A1-O2!/.128?7-8/7./I!/71/78/;!B?/!2.!65CX1-A2.!0/:-572-.!1-O/02;!B?/! ./0!0/O-.12.!8/65-.!85!F-;!82!>?/002!U0-2G! JK dT!$[7-A2!b-0.1!lJKKsmI!B?/!10212!82.!0/C23k/.!/710/!5.!85-.!62X./.!/;!o`02.-C= (.1285. ! i7-85.E ! 8/./7A57105. ! / ! 2F-7-828/.pI ! 272C-.2 ! 1/;2. ! A5;5 ! 2 ! ./:?02732! -71/072A-572CI!;/-5=2;D-/71/!/!8-0/-15.!S?;275.!.?DC-7S2785!2!o8/A/6345!D02.-C/-02p! A5; ! 5. ! (.1285. ! i7-85. ! B?2715 ! 25 ! 0/A57S/A-;/715 ! /.6/0285 ! 6/C2 ! 21?2345 ! D02.-C/-02! 8?0271/!2!)/:?782!>?/002G!! >0/:!>0278-7!lJKKqm!/71/78/!B?/!2!#;@0-A2!&21-72* @!?;2!82.!0/:-k/.!;2-.! -;6501271/. ! 6202 ! 2 ! 8/1/0;-72345 ! 82. ! 65CX1-A2. ! 7501/=2;/0-A272. ! /; ! \;D-15 ! :C5D2CI! ./0O-785!A5;5!1/00/75!6202!1/.1/!8/!23k/.!;-C-120/.I!.5A-2-.!/!/A57[;-A2.!B?/I!./!oD/;! .?A/8-82.pI!./0-2;!26C-A282.!/;!5?102.!0/:-k/.!85!:C5D5G! $57-W ! `278/-02I ! /; ! o"57FC-15 ! / ! -71/:02345 ! 72 ! #;@0-A2 ! 85 ! )?CE ! `02.-CI! #0:/71-72 ! / ! (.1285. ! i7-85. ! h ! 82 ! 10X6C-A/ ! 2C-2732 ! 25 ! $/0A5.?Cp ! l#H+mI ! /.1?82 ! 5.! 0/.?C1285.!82!21?2345!/.128?7-8/7./!72.!0/C23k/.!0/:-572-.I!/.6/A-2C;/71/!/710/!`02.-C! /!#0:/71-72I!2:-785!8/!;585!2!2A-0020!A5;6/1-345!/710/!5.!85-.!O-W-7S5.G!(;!o#.! 0/C23k/.!6/0-:5.2.E!`02.-C=(.1285.!i7-85.!l*/!"5CC50!2!&?C2mpI!5!;/.;5!2?150!2F-0;2! B?/I!25!A5710T0-5!85!/71/78-;/715!A5;?;I!2.!0/C23k/.!/710/!5.!85-.!62X./.!745!F502;! ./;60/ ! 8/ ! .?D./0O-Q7A-2 ! / ! B?/ ! :5O/07271/. ! D02.-C/-05. ! AS/:202; ! 2 ! 8/.2F-20! 8/1/0;-723k/.!8/!e2.S-7:157G! '5C1285.!/.6/A-F-A2;/71/!6202!2!60/./732!;-C-120!7501/=2;/0-A272!72!0/:-45!.45! 5.!102D2CS5.!8/!&-78.2]=95C278!lJKKsm!/!`/00-:27!/!e-7:5!lJKKfmG!+!60-;/-05I!B?/! 5F/0/A/ ! F2015. ! 8285. ! .5D0/ ! D2./. ! ;-C-120/. ! / ! /C/;/715. ! .5D0/ ! 5. ! 605:02;2. ! 8/! 10/-72;/715 ! 8/ ! ;-C-120/. ! C21-75=2;/0-A275.I ! B?/.1-572 ! 5. ! 2C15. ! -7O/.1-;/715. ! 85.! (.1285. ! i7-85. ! / ! 2 ! F50;2 ! A5;5 ! @ ! /.12D/C/A-85 ! 5 ! ./? ! 2620215G ! `/00-:27 ! / ! e-7:5! 2..-72C2;!B?/!8?0271/!5!:5O/075!`?.SI!/7B?2715!2?;/712O2;!5.!-7O/.1-;/715.!/;! 8-.65.-1-O5. ! ;-C-120/.I ! 8-;-7?X2; ! 5. ! 605:02;2. ! 8/ ! 2..-.1Q7A-2 ! S?;27-1T0-2R! 0/F/0/782785!2!60/./732!;-C-120!/.128?7-8/7./I!.?:/0/;!B?/!2!;/.;2!./!1507/!o;2-.! S?;27-1T0-2p!/!;/75.!;-C-120-.12G H/.12!6/.B?-.2I!D?.A2;5.!85A?;/712345!85!:5O/075!85.!(.1285.!i7-85.!2A/0A2! 8/ ! .?2. ! D2./. ! / ! /.1021@:-2. ! ;-C-120/. ! / ! 8/ ! ./?. ! -71/0/../. ! 72 ! 0/:-45G ! "57.?C12;5.! 12;D@; ! F2C2. ! 8/ ! CX8/0/. ! ;-C-120/. ! 25 ! "57:0/..5 ! / ! 25 ! )/7285 ! 85. ! (.1285. ! i7-85.! 1/712785!A5;60//78/0!2.!;?82732.!72.!/.1021@:-2.!2851282.!/710/!5!F-;!82!>?/002!U0-2! /!5.!212B?/.!8/!LL!8/!./1/;D05G!905A?02;5.!2-782!Y5072-.!8/!1/78Q7A-2.!O20-282.!/! ;21/0-2C ! 8/ ! 8-O?C:2345 ! 85. ! ;5O-;/715. ! A5710T0-5. ! Z. ! -7.12C23k/. ! ;-C-120/.! /.128?7-8/7./.!72!#;@0-A2!&21-72G JL #!8-.10-D?-345!85.!A26X1?C5.!D?.A5?!/P650!5.!8285.!/;6X0-A5.!8/!F50;2!2!745! 26201T=C5. ! 82 !0/FC/P45 !8/./7O5CO-82G !+ ! 60-;/-05 !A26X1?C5 ! @! 8/8-A285 !Z !-;6501\7A-2! /.1021@:-A2 ! 85 ! 9272;T ! 6202 ! 5 ! 8/./7O5CO-;/715 ! /A57[;-A5 ! 85. ! (.1285. ! i7-85.G! ,/712;5.!8/;57.1020!B?/I!./;!5!"272C!85!9272;TI!5!:0278/!%;6@0-5!85!H501/!745! 1/0-2 ! A57./:?-85 ! -71/:020 ! F2A-C;/71/ ! .?2. ! 60<60-2. ! 21-O-828/. ! 85;@.1-A2. ! / ! ;?-15! ;/75.!5A?620!026-82;/71/!2!65.-345!8/!60512:57-.12!75!A5;@0A-5!;?78-2CG + ! ./:?785 ! A26X1?C5 ! 5F/0/A/ ! ?;2 ! O-.45 ! 62750\;-A2 ! 85 ! 658/05.5 ! A5;6C/P5! ;-C-120!/.12D/C/A-85!6202!2!6051/345!85!"272CG!H2!O/0828/I!;2-.!85!B?/!2!6/0;-..45! 6202!A57.10?-0!/!:/0/7A-20!5!"272CI!5!9272;T!5F/0/A/?!2!D2./!FX.-A2!6202!2!605Y/345!8/! F5032!85.!(.1285.!i7-85.!7?;2!O2.12!0/:-45!B?/!-7AC?-!2!#;@0-A2!"/7102CI!5!"20-D/!/! 6201/ ! .-:7-F-A21-O2 ! 82 ! #;@0-A2 ! 85 ! )?CG ! )?.1/7120/;5. ! B?/ ! /.1/ ! 0/.10-15 ! /.6235! A57S/A-85!A5;5!o~572!85!"272Cp!A57.1-1?-?!72!O/0828/!?;!/.1/-5!6202!2!2F-0;2345!82! :0278/!651Q7A-2!85!H501/G + ! 1/0A/-05 ! A26X1?C5 ! 260/./712 ! ?; ! 627502;2 ! 82. ! D2./. ! ;-C-120/. ! 85. ! (.1285.! i7-85. ! 75 ! 1/00-1<0-5 ! C21-75=2;/0-A275 ! 8?0271/ ! 2 ! >?/002 ! U0-2G ! + ! B?2015 ! A26X1?C5! 8/.A0/O/!/!272C-.2!2!8-.10-D?-345!82.!D2./.!;-C-120/.!/.128?7-8/7./.!72!#;@0-A2!&21-72! 26<.!5!F/AS2;/715!85!"5;6C/P5!$-C-120!82!~572!85!"272CG!950!F-;I!5!B?-715!A26X1?C5! 10212 ! 85! 9C275 ! "5C[;D-2I ! B?/ ! 12715 ! 1/; ! 60/5A?6285 ! :5O/075. ! / ! ./150/. ! 65CX1-A5.! A5;605;/1-85.!A5;!2!A57.10?345!8/!?;2!#;@0-A2!&21-72!8/;5A0T1-A2I!8/./7O5CO-82!/! .5C-8T0-2G! JJ 0;adDS>C*# 3;N;<VI*#AD<C*%ADE;DXT=OC (; ! ./?. ! ;5O-;/715. ! /P627.-57-.12. ! /; ! D?.A2 ! 8/ ! ;/0A285. ! A57.?;-850/. ! /! F507/A/850/.!8/!;21@0-2.=60-;2.I!7/7S?;!5?105!/.6235!F5-!;2-.!8/./Y285!6/C5.!(.1285.! i7-85. ! / ! 8/;2785? ! ;2-. ! 21/7345 ! B?/ ! 5 ! 6/B?/75 ! 1/00-1<0-5 ! 8/ ! LGNMJ ! B?-C[;/105.! B?280285.!82!W572!85!"272C!85!9272;TG!,0212=./!8/!?;2!/P1/7.45!1/00-150-2C!;2-.!5?! ;/75.!/B?-O2C/71/!25!;?7-AX6-5!8/!)45!92?C5G!(710/12715I!.?2!-;6501\7A-2!85!65715!8/! O-.12!/A57[;-A5!/!/.1021@:-A5=;-C-120!745!1/;!A5;6202345!A5;!7/7S?;!5?105!1/00-1<0-5! /.1027:/-05!.5D0/!5!B?2C!5.!(.1285.!i7-85.!1/7S2;!C5:0285!-;650!85;X7-5GJ! +!6/.5!.-;D<C-A5!82!A57.10?345!85!"272C!A5;5!8/;57.102345!82!A262A-828/! 1/A75C<:-A2!82!/7145!651Q7A-2!/;/0:/71/!12;D@;!F5-!A57.-8/0TO/CG!#!5D02!0/60/./715?! ?;!/P102508-7T0-5!8/.2F-5!25.!/7:/7S/-05.!7?;2!@65A2!/;!B?/!2.!651Q7A-2.!-78?.10-2-.! D?.A2O2; !2!1585!A?.15!8/;57.1020 !A262A-828/ !A-/71XF-A2 !/!1/A75C<:-A2G !#!0/6?12345! 7/.12.!/.F/02.!F2W-2!6201/!85!A5;6C/P5!Y5:5!6/C2!A57B?-.12!8/!;/0A285G!H2!@65A2I!2! #C/;27S2!15;2O2!2!8-271/-02!A5;!5.!2O2735.!B?/!5D1-O/02!72!;/12C?0:-2!/!72!-78n.10-2! B?X;-A2!l*+$%H>+)!H(,+I!LstsmG +!"272C!85!9272;T!1/;!gL!r;!8/!/P1/7.45I!./785I!65012715I!D/;!;/750!B?/!5! "272C!8/!)?/WI!65715!O-12C!6202!2!A5;?7-A2345!82!(?0562!A5;!2!wF0-A2!+0-/712C!/!2! w.-2I!./;!F2C20!8/!./?.!-;62A15.!.5D0/!5!85;X7-5!85!+0-/71/!$@8-5G!#102O@.!8/!)?/WI! A5; ! ./?. ! LqM ! B?-C[;/105. ! 8/ ! /P1/7.45 ! / ! C20:?02 ! ;@8-2 ! 8/ ! Mqf ! ;/105.I ! 6/C5 ! B?2C! -7:C/./.!/!F027A/./.!./!/7:2CF-7S202;!8?0271/!8@A282.!.?D508-72785!65O5.!8/!A?C1?02.! ;-C/720/.I ! 1027.-12; ! 27?2C;/71/ !Lf ! ;-C ! 72O-5. ! 1027.65012785 ! A/0A2 ! 8/ ! LN• ! 82.! ;/0A2850-2.!A5;/0A-2C-W282.!75!;?785G!#!.?2!102O/..-2I!B?/!8/;502!/;!;@8-2!8/!LL!2! Lq!S502.I!/O-12!2!200-.A282I!8/;50282!/!A?.15.2!A-0A?72O/:2345!82!wF0-A2G # ! -;6501\7A-2 ! 8/ ! )?/W ! /02 ! A57S/A-82 ! 8/.8/ ! 2 ! #71-:?-828/I ! B?2785 ! F202<.! 508/72O2;!/.A2O23k/.!60/1/78/785!?7-0!5!0-5!H-C5!25!$20!'/0;/CS5G!$2.!F5-!*20-5I!5! -;6/02850!6/0.2I!B?/;!A5;6C/15?!2.!A272C-W23k/.!B?/!6/0;-1-0-2;!6/C2!60-;/-02!O/W!5! 8/.C5A2;/715!8/!72O-5.!72B?/C/!10/AS5G!H/.12!@65A2I!5DO-2;/71/I!2.!/.B?2802.!/02;! J !#!./:;/712345!/710/!5!o/A57[;-A5p!/!5!o/.1021@:-A5=;-C-120p!@!F5035.2;/71/!20D-10T0-2I!YT!B?/!2.!8?2.! ./!60/..?6k/;!;?1?2;/71/E!745!658/!S2O/0!605Y/345!/A57[;-A2!.<C-82!./;!5!8/O-85!0/.62C85!8/!F5032! ;-C-120G JM A5;65.12.!8/!/;D20A23k/.!8/!6/B?/75!A2C285G!+!"272C!8/!)?/W!./0-2!8-O/0.2.!O/W/.! -71/005;6-85 !650!A571/782. !-7F-78TO/-. !/!605DC/;2. !1@A7-A5. !21@!B?/I!/;!LgqtI!?;! 72O-5 ! ;58/075 ! A57./:?-../ ! 2102O/..T=C5G ! #. ! 5D02. ! F502; ! 28;-7-.10282. ! 6/C5! /;60//78/850 !F027AQ. !U/08-7278!8/!&/../6.I!B?/!27:20-5?!F2;2 !.?F-A-/71/ !A5;!.?2! 5D02!6202!5?.20!605650!2!A57.10?345!85!"272C!85!9272;T!l)$%,bI!LgsMmG #!D?.A2!82!102O/..-2!85!#1C\71-A5!6202!5!92AXF-A5!./!F-0;202!A5;5!?;2!5D./..45! 6202!5.!:5O/07271/.!/!7/:5A-271/.!/?056/?.!8/.8/!5!.@A?C5!j'%I!A5;!2!102O/..-2!85! AS2;285 ! o;20=5A/275pG ! "5;5 ! 2 ! 2C1/0721-O2 ! 85 ! (.10/-15 ! 8/ ! $2:2CS4/. ! ./ ! ;5.10202! 8/;2.-285!6/0-:5.2!/!8/;50282I!8?0271/!.@A?C5.!5!A5C57-W2850 !/?056/?!D?.A5?I!/;! O45I ! 2C1/0721-O2. ! 8/ ! 0512. ! ;20X1-;2.G ! #..-;I ! 72 ! ./:?782 ! ;/128/ ! 85 ! .@A?C5 ! j%j ! 2! 60565.-345!8/!&/../6.!62..5?!2!./0!/F/1-O2;/71/!A57.-8/0282!650!-7O/.1-850/.!60-O285.G H5!/712715I!A5;5!605Y/15!8/!/7:/7S20-2I!2!2D/01?02!Z!72O/:2345!85!-.1;5!85! 9272;T ! ./0-2 ! D/; ! ;2-. ! A5;6C/P2 ! 85 ! B?/ ! 2. ! 5D02. ! 8/ ! )?/WG ! H5 ! -.1;5I ! 5 ! 7XO/C ! 85! +A/275!92AXF-A5!@!JN!A/71X;/105.!;2-.!2C15!B?/!5!+A/275!#1C\71-A5!/!5!A272C!8/O/0-2! A57120!A5;!:-:271/.A2.!/AC?.2.!/!7?;/05.2.!5D02.!8/!80/72:/;G!#C@;!8-..5I!5!0/C/O5! 6272;/7S5!@!;20A285!650!O20-23k/.!8/!2C1-1?8/. !/!-710-7A285.!.-.1/;2.!FC?O-2-.G!H2! FC50/.12!1056-A2C!B?/71/!85!9272;TI!5!;5.B?-15!1027.;-..50!82!F/D0/!2;20/C2!8-W-;2O2! 5.!;-CS20/.!8/!102D2CS2850/.!8/.C5A285.!6202!2.!5D02.!-7-A-282.!/;!LggKI!26<.!2A5085! F-0;285!/710/!&/../6.!/!5!:5O/075!A5C5;D-275G! +!/;60//78/850!F027AQ.!F02A2..5?I!1/0;-72785!./?.!8-2.!/7O5C15!/;!/.A\782C5.I! 5!B?/!F/0-?!5!2;50!60<60-5!8/!./?.!A5;6210-512.G!"571?85I!./?!605Y/15!YT!/02!6/0A/D-85! 650!/.128-.12.!/.128?7-8/7./.!A5;5!8/!O-12C!-;6501\7A-2!6202!5!A5;@0A-5!/!5!85;X7-5! ;-C-120G + ! 60/.-8/71/ ! ,S/5850/ ! a55./O/C1 ! lLsKL=LsKsmI ! S5;/; ! 8/ ! O2.12 ! A?C1?02 ! /! /P6/0-;/71285 ! A5;D21/71/ ! 82 ! >?/002 ! b-.6275=#;/0-A272 ! lLgsgm ! h ! B?/ ! 0/.?C15? ! 72! -78/6/78Q7A-2 ! 8/ ! "?D2 ! / ! 75 ! A57105C/ ! 85 ! ;20 ! 85 ! "20-D/ ! 6/C5. ! (.1285. ! i7-85. ! h! A5;60//78/02!B?/!2!2D/01?02!85!A272C!85!9272;T!./0-2!-78-.6/7.TO/C!6202!2!-71/:02345I! 5!8/./7O5CO-;/715!/!2!./:?02732!85!/.6235!1/00-150-2C!/.128?7-8/7./I!B?/!745!A/..202!8/! A0/.A/0!25!C57:5!85!.@A?C5!j%jG! H5!-7XA-5!85!.@A?C5!jjI!5!1/00-1<0-5!85.!(.1285.!i7-85.!/;!7282!./!620/A-2!A5;! 2B?/C/ ! 8/F-7-85 !6/C5 !1021285 !A5; !2!>04=`0/127S2I !/;!LtgMI!B?/ !A57.-.1-2 !72. !10/W/! A5C[7-2.E ! H/c ! b2;6.S-0/I ! $2..2AS?./11.I ! aS58/ ! %.C278 ! / ! 905O-8/7A/ ! 9C27121-57.I! "577/A1-A?1I ! H5O2 ! %50B?/I ! H5O2 ! d/0./]I ! 9/7.-CO\7-2I ! */C2c20/I ! $20]C278I ! '-0:X7-2I! "205C-72!85!H501/I!"205C-72!85!)?C!/!>/<0:-2G!#.!F0571/-02.!8/.1/.!/.1285.I!/;!:/02CI! JN 1/0;-72O2;!75!$-..-..-6-R!5!-;/7.5!1/00-1<0-5!.-1?285!2!+/.1/!/!25!)?C!6/0.-.1-2!.5D!5! 85;X7-5 ! 82 ! (.627S2I ! ;2.I ! 72 ! 60T1-A2I ! A57.1-1?X2 ! ?; ! O2W-5 ! 2D/015 ! Z ! A57B?-.12 ! 85.! ;-CS20/.!8/!/?056/?.!B?/!265012O2;!72!#;@0-A2!85!H501/!F?:-85.!82!F5;/!/!82!F2C12!8/! 6/0.6/A1-O2!/;!./?.!1500k/.!7212-.!l$262!LmG! # ! (.627S2 ! 0/.10-7:-2 ! 2 ! 72O/:2345 ! 75 ! $-..-..-6-I ! :0278/ ! 0512 ! 2102O@. ! 85! A571-7/71/!7501/=2;/0-A275I!;2.!/;!LtsfI!2A215?!?;!1021285!8/!2;-W28/!B?/!-7AC?X2! 0/O-.45 ! 8/ ! F0571/-02. ! / ! 65..-D-C-828/. ! 8/ ! 72O/:2345 ! FC?O-2CG ! H5 ! /712715I ! /; ! LgKKI! 60/..-57282 ! 6/C2. ! 10562. ! F027A/.2.I ! A/8/0-2 ! 5 ! 1/00-1<0-5 ! 82 ! &?-.-272G ! + ! -;6/1?5.5! H265C/45 ! 1/7A-572O2 ! 1027.F50;20 ! H5O2 ! +0C/27. ! 75 ! A/7105 ! 82 ! 605Y/345 ! F027A/.2 ! 72! #;@0-A2!85!H501/!/!2!72O/:2345!75!$-..-..-6-!F5-!75O2;/71/!605-D-82G! "5;!0/.62C85!85!"57:0/..5I!5!:5O/075!/.128?7-8/7./!60/6205?=./!6202!2!:?/002I! B?/!F5-!/O-1282!A5;!2!7/:5A-2345!85!1/00-1<0-5!82!&?-.-272!25!60/35!8/!€!Lf!;-CSk/.G! i;2!T0/2!8/!MGKMfGJgt!r;•I!B?/!-7AC?X2!5!#C2D2;2I!$-..-..-6-I!#0r27.2.I!+rC2S5;2I! $-..5?0-I!H/D02.A2I!%5c2I!*2r512!85!H501/!/!85!)?CI!$571272I!$-77/.512I!5!"5C50285I! 5 ! e]5;-7: ! / ! 5 ! ^27.2. ! lA5; ! /PA/345 ! 82 ! 6201/ ! .?85/.1/m ! F5- ! 27/P282 ! 25 ! 1/00-1<0-5! /.128?7-8/7./!l`&+eI!LsqtmG #!/P627.45!1/00-150-2C!6/0.-.1-0-2!A5;!2!27/P2345!82!UC<0-82!Z!(.627S2!/;!LsLsR! /;!LgNfI!./0-2!2!O/W!85!,/P2.I!15;285!82!a/6nDC-A2!85!$@P-A5I!5!B?/!0/60/./715?!?;2! 2;6C-2345!8/!;2-.!stNGLts!r;•!25!1/00-1<0-5!/.128?7-8/7./G!(;!LgNgI!5?105.!LGNLMGftL! r;•!./0-2;!2A0/.A-85.!2102O@.!8/!oA5;602p!5?!A57B?-.12E!5!$@P-A5!6/08/0-2!2-782!2! "2C-F<07-2I!H/O282I!i12S!/!D52!6201/!85!#0-W572G (;!LgqtI!A5;!2!2..-721?02!8/!?;!1021285I!2!an..-2!A/8/0-2!5.!LGNNMGqMM!r;•!85! #C2.A2 ! 6202 ! 5. ! (.1285. ! i7-85. ! 25 ! 60/35 ! 8/ ! €tGJKKGKKKR ! /; ! LgsgI ! 5 ! :5O/075 ! 85.! (.1285.!i7-85.!15;5?!65../!F50;2C!85!b2O2X!/I!/;!LgssI!A5;5!6201/!85!1021285!8/!62W! 2..-7285!25!F-;!82!>?/002!b-.6275=#;/0-A272I!5!1/00-1<0-5!8/!95015!a-A5!F5-!27/P285! l$262!JmG! Jf -;a;*LZ!#.!LM!A5C[7-2.!50-:-72-.G +CND@Z!S116EuuF:G/8G62A-F-A?G/8?u.c/DuF57:uLM•JK50-:-72C•JKA5C57-/.GS1;C Jq -;a;*JZ!#!/P627.45!6202!5!+/.1/G +CND@ZS116Euu7501S2CAGc-r-.62A/.GA5;uF-C/uO-/cuiG)G‚,/00-150-2C‚#AB?-.-1-57.G67:uqLLJNsJJuiG )G‚,/00-150-2C‚#AB?-.-1-57.G67: Jt # ! -71/:02345 ! /A57[;-A2I ! 65CX1-A2 ! / ! 28;-7-.1021-O2 ! 8/.1/ ! -;/7.5 ! 1/00-1<0-5! 8/;2782O2 ! ?;2 ! A5;?7-A2345 ! /F-A2W ! /710/ ! 2 ! "5.12 ! &/.1/ ! / ! 2 ! "5.12 ! +/.1/G ! *2X ! 5! /;6/7S5!85!60/.-8/71/!,S/5850/!a55./O/C1!/;!/.12D/C/A/0!?;!2A5085!A5;!5!:5O/075! A5C5;D-275G ! U0?.10282. ! 2. ! 1/7121-O2.I ! a55./O/C1 ! -7.1-:5? ! / ! 0/.62C85? ! -7.?00/15.! 6272;/7S5.I!-;65785!72!60T1-A2!2!F02:;/712345!85!(.1285!A5C5;D-275I!/;!LsKMG!+! 2A5085!A5;!5.!:5O/07271/.!F2715AS/.!75!0/A@;=A0-285!9272;T!C5:5!./0-2!2..-7285!72.! A578-3k/.!/P-:-82.!650!e2.S-7:157G! 9/C5 ! ,021285 ! 8/ ! b2]=`?72?='20-CC2I ! 65.15 ! /; ! O-:50 ! /; ! LsKNI ! 5. ! (.1285.! i7-85.!:20271-02;!5!8-0/-15!8/!A57.10?-0!5!A272C!B?/I!650!B?2./!?;!.@A?C5I!8-O-8-0-2!5! 62X.!25!;/-5!/!A57.1-1?-0-2!?;!/7AC2O/!F501/;/71/!20;285G! +!,021285I!/;!.-I!@!?;2!6/32!Y?0X8-A2!B?/!7/:2!028-A2C;/71/!2!/..Q7A-2!8/!1585.! 5.!60-7AX6-5. !A57.2:0285.!6/C5!*-0/-15!%71/072A-572C !/;!A57.10?345!8/.8/!LqNgI!/;! '/.1FTC-2I !75!B?2C!./!8/.12A5?!5!0/A57S/A-;/715 !82!.5D/027-2!/.1212CG !&5:5!/;!./?! #01-:5!%I!5!b2]=`?72?='20-CC2!/.12D/C/A/?!5!6051/150285!/.128?7-8/7./!.5D0/!5!75O5! (.1285 ! 8/ ! F50;2 ! 8-0/12 ! / ! -7/B?XO5A2E ! o+. ! (.1285. ! i7-85. ! :20271/; ! / ! ;271/045 ! 2! -78/6/78Q7A-2!82!a/6nDC-A2!85!9272;TpG! #!A57A/..45!8/!.5D/027-2!;20A5?!1585!5!1/P15!85!,021285G!+!9272;T!A57A/8-2! 25.!(.1285.!i7-85.!o5!?.5I!2!5A?62345!/!28;-7-.102345!8/!?;2!F2-P2!8/!./?!1/00-1<0-5! .-1?282 ! /710/ ! 2. ! A-828/. ! 8/ ! 9272;T ! / ! "5C<7I ! 75 ! 8/A500/0 ! 82 ! B?2C ! 1027.A500/ ! 2 ! O-2! ;20X1-;2 ! B?/ ! C-:2 ! 2. ! T:?2. ! 85 ! 5A/275 ! #1C\71-A5 ! Z. ! 85 ! 92AXF-A5pG ! + ! :5O/075! /.128?7-8/7./!658/0-2!-;650120I!C-O0/!8/!12P2.I!1585!/!B?2CB?/0!;21/0-2C!7/A/..T0-5!6202! 2 ! A57.10?345 ! / ! ;27?1/7345 ! 85 ! "272CI ! 2..-; ! A5;5 ! 5. ! /F/1-O5. ! 7/A/..T0-5. ! Z ! .?2! ./:?02732 ! / ! Z ! 508/; ! 82 ! a/6nDC-A2 ! 6272;/7S2G ! 958/0-2; ! -:?2C;/71/ ! -71/0O-0 ! 6202! :20271-0!2!508/;I!A2.5!A57.-8/02../;!2!./:?02732!85!"272C!2;/23282G 9/C5 ! 8-0/-15 ! 8/ ! A57.10?-0I ! ?.?F0?-0 ! / ! 28;-7-.1020 ! 5 ! "272C ! l'/0 ! #7/P5 ! %mI ! 5.! (.1285.!i7-85.!62:20-2;!25!9272;T!i€!LK!;-CSk/.I!2C@;!8/!?;2!27?-828/!-00-.<0-2!8/! i€!JfK!;-CI!2!6201-0!8/!LsLJI!75O/!275.!8/65-.!82!2..-721?02!85!62A15GM! "5;!5!2A5085I!85!65715!8/!O-.12!F-727A/-05I!2!U02732!C?A020-2!;?-15!;2-.!B?/!5! 9272;TE!5.!(.1285.!i7-85.!8/./;D5C.20-2;!i€!NK!;-CSk/.!6/C5.!8-0/-15.!8/!A57.10?345! 28B?-0-85. ! 82 ! "5C[;D-2 ! /; ! LgtgI ! 2102O@. ! 82 ! A5;627S-2 ! F027A/.2 !E$ & ?0.-W8W & A58'"5$8-05$('&%7&/$5$(&A58'"0.W$5-X7'G!*/65-.!8/!;2-.!8/!JK!275.!8/!-7O/.1-;/715.I! ./;! ;2-. !8-7S/-05 !6202!A5;605;/1/0 !72!5D02!/!1/785!6/08-85!;?-15. !102D2CS2850/.! M ! ,582.!2.!A-F02.!260/./71282.!7/.1/!102D2CS5!0/F/0/;=./!2!O2C50/.!S-.1<0-A5.I!2!;/75.!B?/!2F-0;285!5! A5710T0-5G Jg O-1-;285.!650!85/732.!1056-A2-.I!5.!F027A/./.!8/A-8-02;!2A/-120!2!60565.12!8/!A5;602! 85. ! (.1285. ! i7-85. ! l#'(aƒI ! LsLMmG ! */W ! 275. ! ;2-. ! 1208/I ! /; ! LsLNI ! 5 ! "272C ! 85! 9272;T!./0-2!-72?:?0285I!1/785!A?.1285!25.!A5F0/.!/.128?7-8/7./.!2!.5;2!8/!i€!Mgt! ;-CSk/.G (710/ ! 2. ! -7n;/02. ! O2712:/7. ! /.1021@:-A2. ! 6202 ! 5. ! (.1285. ! i7-85. ! 7/.1/! /;60//78-;/715I ! 8/.12A2=./I ! A5;5 ! YT ! 2..-72C2;5.I ! 2 ! 65..-D-C-828/ ! 8/ ! -71/:020 ! ./?! -;/7.5!1/00-1<0-5G!#!A57.10?345!85!A272C!0/60/./712O2!5!0T6-85!10\7.-15!/710/!;/0A285.! 82.!8?2.!A5.12.!5A/\7-A2.!7?;2!@65A2!/;!B?/!-7/P-.1-2;!A57/Pk/.!2@0/2.!/!0585O-T0-2.G! #!5D02!0/8?W-2!2!;/75.!82!;/128/!5!1/;65!8/!O-2:/;!/710/!5.!65015.!8/!)45!U027A-.A5! l"2C-F<07-2m!/!H5O2!%50B?/G!V!@65A2!82!A57.10?345I!5!1027.6501/!;20X1-;5!8/!A20:2.! /710/!5.!85-.!65015.!C/O2O2!qK!8-2.I!62..2785!/;!0/850!85!"2D5& B0"5I!5!65715!;2-.! ;/0-8-572C!82!#;@0-A2!85!)?CI!/;!?;2!O-2:/;!8/!B?2./!JL!;-C!B?-C[;/105.G!#102O@.! 85! "272CI!5!1/;65 !8/!O-2:/;!F5-!0/8?W-85!2!MK!8-2.R!2!75O2!0512!0/60/./715?!?;2! 0/8?345!8/!B?2./!LM!;-C!B?-C[;/105.!lb+&$>a((HI!JKKJmG! )/;!5!"272CI!8-F-A-C;/71/!2!"2C-F<07-2!1/0-2!2CA273285!2!A578-345!8/!?7-828/! F/8/0282!;2-.!0-A2I!/!&5.!#7:/C/.!745!1/0-2!/P6/0-;/71285!5!/P102508-7T0-5!A0/.A-;/715! /A57[;-A5!/!8/;5:0TF-A5!B?/!2!F/W!?;2!82.!A-828/.!;2-.!-;6501271/.!85!;?785G! #C@;!8-..5I!2!-78?.10-2C-W282!"5.12!&/.1/!/.128?7-8/7./!F-A5?!;2-.!60<P-;2!82! w.-2I!D/;!A5;5!2!"5.12!+/.1/!62..5?!2!1/0!2A/..5!8-0/15!Z!(?0562I!A5;5!658/!./0! O-.?2C-W285!75!$262!MG!#.!56501?7-828/.!8/!7/:<A-5.I!/;!6201-A?C20!2!A5;6/1-1-O-828/! 82!6058?345!-78?.10-2C!/.128?7-8/7./!8/02;!?;!.2C15!8/A-.-O5!A5;!2!A57.10?345!85! "272C!85!9272;TG! (;!LsLJI!5!/7145!)/A0/1T0-5!8/!>?/002!85.!(.1285.!i7-85.I!b/70]!)1-;.57I! 2F-0;2785!2!7/A/..-828/!8/!A57.10?-0!F501-F-A23k/.!6202!8/F/78/0!2!5D02I!8/AC205?!B?/!o@! 8/!O-12C!-;6501\7A-2!6202!5.!(.1285.!i7-85.!745!26/72.!B?/!5!"272C!/.1/Y2!2D/015!6202! .?2 ! F0512 ! /; ! A2.5 ! 8/! :?/002I ! ;2. ! 12;D@; ! B?/ ! /.1/Y2! F/AS285 ! 6202 ! 2! F0512 ! 8/ ! ./?.! -7-;-:5.p!lH(e!ƒ+a^!,%$()I!LsLJmG!+!"272C!21?20-2!A5;5!?;2!D200/-02!6202!5.! 72O-5.!8/!:?/002!-7-;-:5.!B?/!O-.2../;!25!-;/7.5!1/00-1<0-5!/.128?7-8/7./G *?0271/!2!)/:?782!>?/002!$?78-2CI!2!60/./732!85.!(.1285.!i7-85.!/;!1/00-1<0-5! 6272;/7S5 ! ./ ! F/W ! 2-782 ! ;2-. ! 6/.282E ! A/0A2 ! 8/ ! LMK ! -7.12C23k/. ! ;-C-120/. ! F502;! /.12D/C/A-82.!25!0/850!85!"272CG!i;!2A5085!A5;!5!:5O/075!85!62X.!8/1/0;-75?!B?/I!25! F-; ! 85 ! A57FC-15I ! /.12. ! -7.12C23k/. ! ./0-2; ! 8/O5CO-82. ! Z ! a/6nDC-A2 ! 85 ! 9272;TI ! A5;! /PA/345!82B?/C2.!C5A2C-W282.!8/7105!85.!C-;-1/.!82!~572!85!"272CG Js #!0/.6/-15!82!-;6501\7A-2!82!62..2:/;!Z!@65A2!8/!.?2!A57.10?345I!U027r!$50157! ,588 ! lLsJLm ! A5;/7120-2E ! o+ ! "272C ! 2?;/715? ! 5 ! -71/0/../ ! 85 ! ;?785 ! 72. ! T:?2. ! 85! 92AXF-A5G!"5;!/.12!75O2!C-:2345I!5.!65O5.!85!+0-/71/!1-7S2;!?;!C235!;2-.!60<P-;5!25.! 65O5.!85!+A-8/71/I!/!2!A-828/!8/!)45!U027A-.A5!./0O-0-2!A5;5!65015!60-;T0-5!6202!2.! 1027.23k/.p!l,+**I!LsJL!$*7%!b+&$>a((HI!JKKJmG -;a;*fZ!a512.!A5;/0A-2-.!2102O@.!85!"272C!85!9272;T +CND@Z!cccG627A272CGA5; #5!C57:5!85!.@A?C5!jjI!5!"272C!F2A-C-15?!2!.?D.1-1?-345!82!(?0562!6/C5.!(.1285.! i7-85.!A5;5!60-7A-62-.!620A/-05.!82.!#;@0-A2.!"/7102C!/!)?CI!2C@;I!5DO-2;/71/I!85! "20-D/G!#!A57.5C-82345!82!65.-345!/.128?7-8/7./!7/../.!;/0A285.!15;5?!-;6?C.5!26<.! 2!90-;/-02!>?/002!$?78-2C!/!62..5?!2!./0!-78-.A?1XO/C!72!./:?782!;/128/!85!.@A?C5!jjG! %;6501271/.!6058?150/.!8/!;21@0-2.!60-;2.!A5;5!5!`02.-CI!#0:/71-72I!"5C[;D-2I!"S-C/!/! '/7/W?/C2!62..202;!2!1/0!2A/..5!F2A-C-1285!Z.!A5.12.!5A/\7-A2.!85.!(.1285.!i7-85.I!25! 1/;65 ! /; ! B?/ ! 5 ! A57Y?715 ! .?C=2;/0-A275 ! F-0;2O2=./ ! A5;5 ! ;/0A285 ! A57.?;-850 ! 82! 6058?345!-78?.10-2C!/.128?7-8/7./G MK #-782!S5Y/I!85!65715!8/!O-.12!A5;/0A-2CI!5!"272C!85!9272;T!A571-7?2!1/785! :0278/!-;6501\7A-2E!;2-.!8/!qf•!85.!72O-5.!B?/!CS/!2102O/..2;!A578?W/;!D/7.!B?/! 2C-;/712;!5!A5;@0A-5!/.128?7-8/7./G!o+!A5;@0A-5!-71/072A-572C!/.1T!-710-7./A2;/71/! C-:285!Z!75..2!./:?02732pI!21/.12!2!(.1021@:-2!8/!*/F/.2!H2A-572C!85.!(.1285.!i7-85.G! (;!0/C21<0-5I!5!?8"$8'4-.&F0"'.$:8-54N!l),a#,U+am!lJKKNmI!.?DC-7S2!2.!A57./B?Q7A-2.! A5;/0A-2-.!85!F/AS2;/715!85!"272CI!2-782!B?/!650!?;!D0/O/!6/0X585E! )/ ! 2 !n7-A2 ! 62..2:/;!;20X1-;2 ! 85 !b/;-.F@0-5 ! +A-8/712C !B?/! A57/A12 ! 5 ! #1C\71-A5 ! 25 ! 92AXF-A5 ! 1-O/../ ! 8/ ! ./0 ! F/AS282 ! 650! B?2CB?/0!6/0X585!8/!1/;65I!5!-;62A15!658/0-2!./0!./71-85!72.! 1027.23k/.!8/!1X1?C5.!/ !.0##0%-8-':! ;?785!2F502I!8285!5!2C15! :02?!8/!-71/08/6/78Q7A-2!/A57[;-A2!B?/!/P-.1/!21?2C;/71/G + ! F/AS2;/715 ! 85 ! "272C ! 85 ! 9272;T ! 1/0-2 ! A57./B?Q7A-2.! /A57[;-A2. ! / ! F-727A/-02. ! ;?-15 ! 2C@; ! 82. ! #;@0-A2.G ! +! A0/.A-;/715 ! /A57[;-A5 ! 605O2O/C;/71/ ! ./0-2 ! 2F/1285 ! 8/! ;27/-02!7/:21-O2!/;!;?-15.!62X./.I!A5;5!0/.?C1285!85.!2C15.! A?.15. ! 8/ ! 1027.6501/ ! B?/ ! 0/.?C120-2; ! 85 ! 0/8-0/A-572;/715! F503285!8/!72O-5.!75!1027.6501/!8/!./?.!D/7.!2102O@.!8/!5?102.! 0512.G n'.&).+/&[ * 7>CH;> * -;Ep@D * ME=@RZ * '@OSE=D\ * CN * DY@* 3;N;<;*0;N;>[*JKKho H2 ! 21?2C-828/I ! 8/ ! LM ! 2 ! LN ! ;-C ! 72O-5. ! 1027.-12; ! 27?2C;/71/ ! 6/C5 ! "272C ! 85! 9272;T!1027.65012785!;2-.!8/!JMf!;-CSk/.!8/!157/C282.G!+.!A20:?/-05.!C/O2;!8/!1?85E! 6058?15.!2:0XA5C2.I!6/10<C/5I!D/7.!;27?F21?0285.I!C-P5!7?AC/20!/!1?0-.12.G!b5Y/I!A/0A2!8/! JuM!82.!/;D20A23k/.!B?/!?.2;!2!62..2:/;!6201/;!85.!(.1285.!i7-85.!5?!./:?/;!6202! ./?.!65015.G!#102O@.!8/!LNN!0512.!;20X1-;2.I!5!"272C!8T!2A/..5!2!72O-5.!8/!;2-.!8/!gK! 62X./.I ! A5; ! 8/.12B?/ ! 6202 ! 5 ! `02.-CI ! "S-C/I ! (B?2850 ! / ! "S-72 ! l),a#,U+aI ! JKKNR! iH%,(*!),#,()!*(9#a,$(H,!+U!#>a%"i&,ia(I!JKKKmG!)/:?785!5!a/C21<0-5! #7?2C ! 85 ! "272C ! 85 ! 9272;T ! 8/ ! JKKsI ! 5 ! O5C?;/ ! 8/ ! A20:2 ! 1027.6501282 ! 2102O@. ! 8/C/! A500/.6578/ ! 2 ! 2605P-;282;/71/ ! f• ! 85 ! A5;@0A-5 ! ;?78-2C ! l9#H#$# ! "#H#&! #i,b+a%,ƒI!JKLKmG + ! :/7/02C ! 9/1/0 ! 92A/I ! "5;278271/ ! 85 ! "5;2785 ! )?C ! 85. ! (.1285. ! i7-85.! li))A5?1S"5;mI!8/65785!/;!JKKf!25!"57:0/..5!8/!./?!62X.I!.?DC-7S5?!5.!o-71/0/../.! O-12-.p!/.128?7-8/7./.!72!#;@0-A2!&21-72E! "5;5 ! 8/F-7-85 ! /; ! 75..2 ! (.1021@:-2 ! 8/ ! )/:?02732 ! H2A-572CI! -71/0/../. ! O-12-. ! .45 ! 2B?/C/. ! 8/ ! :0278/ ! -;6501\7A-2 ! 6202 ! 2! N !+!),a#,U+a!@!?;2!A5;627S-2!8/!-71/C-:Q7A-2!:C5D2C!./8-282!75!,/P2.I!/.6/A-2C-.12!/;!2..?715.!8/! /.1021@:-2!/!-71/C-:Q7A-2!1T1-A2G ML .5D0/O-OQ7A-2I!./:?02732!/!O-12C-828/!8/!75..2!72345G!(?!O/Y5! B?2105 ! -71/0/../. ! 2;/0-A275. ! 7/.1/ ! 1/2105 ! B?/ ! ./:?/; ! /.1/! A0-1@0-5E!?;!@!5!;O@AAC*A@<*CHADVOS>CA*;*E@OSEACA*N;DSE;=A*N;* VE@; * B@ * E@AaCNA;H=>=B;B@ * BC * !''CSDY0C<G ! i; ! /7:275! A5;?; ! @ ! 2 ! A0/732 ! 8/ ! B?/ ! 5. ! (.1285. ! i7-85. ! .45! A5;6C/12;/71/ ! 8/6/78/71/. ! 85 ! +0-/71/ ! $@8-5 ! 6202 ! 75..5! .?60-;/715!8/!6/10<C/5G!H5!/712715I!75..5!;2-50!F507/A/850!8/! 6/10<C/5!@I!72!O/0828/I!2!'/7/W?/C2!h!?;!62X.!B?/!:20271/!8/! Lf!2!Ls•!85!6/10<C/5!B?/!-;65012;5.!/;!B?2CB?/0!;Q.!85!275G! +?105! -71/0/../ ! O-12C ! 6202 ! 5. ! (.1285. ! i7-85. ! 7/.12 ! T0/2 ! @ !;* OCNDdNS;*@AD;H=>=B;B@I*N@O@AAVE=;*a;E;*qS@*D@NY;<CA*;O@AAC* ;CA * <@EO;BCA * N; * VE@; * B@ * E@AaCNA;H=>=B;B@ * BC* !''CSDY0C<I*C*qS@*X*=<aCED;ND@*a;E;*;*aECAa@E=B;B@*@*;* @Pa;NAcC * @OCNr<=O; * OCNDdNS;A * BCA * %AD;BCA * !N=BCAG ! b5Y/I! 75..5 ! A5;@0A-5 ! 8/7105 ! 82. ! #;@0-A2. ! 0/60/./712! 2605P-;282;/71/ ! Nq• ! 8/ ! 1582. ! 2. ! /P650123k/. ! 7501/= 2;/0-A272.!/!7<.!/.6/02;5.!B?/!/.12!650A/712:/;!2?;/71/!75! F?1?05G ! # ! 6/082 ! 8/ ! 75..5. ! ;/0A285. ! A20-D/7S5. ! / ! C21-75= 2;/0-A275.!60/Y?8-A20-2!./0-2;/71/ !2!.2n8/!82!/A575;-2 !85.! (.1285. ! i7-85.G ! i; ! 1/0A/-05 ! -71/0/../ ! O-12C ! 7/.12 ! T0/2 ! @ !;* >=H@EB;B@*B@*N;?@T;WcCI*qS@*X*OEdD=O;*a;E;*NCAA;*@OCNC<=;*@* a;E; * C * <C?=<@NDC * @ADE;DXT=OC * B@ * ;>TS<;A * B@ * NCAA;A* aECaE=@B;B@A * N;?;=AG ! i;2 ! 60/5A?62345 ! 6201-A?C20 ! @ ! 75..5! 2A/..5 ! ./;! 5D.1TA?C5. ! 25 ! "272C ! 85 ! 9272;T ! h ! ?; ! 65715 ! 8/! /.1027:?C2;/715!/.1021@:-A5!/!?;2!C-7S2!8/!A5;?7-A2345!B?/I! ./!F/AS282I!1/0-2!.@0-5.!-;62A15.!.5D0/!5!A5;@0A-5!;?78-2C!/! 658/0-2 ! -;650 ! 8/.2F-5. ! .-:7-F-A271/. ! 6202 ! 5 ! 0T6-85! 65.-A-572;/715 ! 8/! 75..2. !F5032.! 72O2-.G! U-72C;/71/I !/;D502! 745 ! 1/A7-A2;/71/ ! 8/F-7-85 ! A5;5 ! ?; ! -71/0/../ ! 72A-572CI ! /?! A57.-8/05 ! B?/ !aECD@T@E * NCAA; * OCAD; * OCNDE; * CA * @R@=DCA* B@ADESD=?CA*BC*DEVR=OC*B@*BECT;A*=>dO=D;A*@*CSDE;A*RCE<;A*B@* OE=<@*DE;NAN;O=CN;>!@!?;2!60/5A?62345!A0X1-A2G! n3@D@E*3;O@[*(@aC=<@NDC*;C*0CNTE@AAC*BCA*%AD;BCA*!N=BCA[* JKKj[*>0-F5!75..5Go !! $/.;5!8/65-.!82!8/O5C?345!82!~572!85!"272C!25!(.1285!6272;/7S5I!/;!LsssI! /!85!8/./7O5CO-;/715!85!1027.6501/!8/!A20:2.!2@0/5!/!82!A57.10?345!8/!72O-5.!A?Y2.! 8-;/7.k/. ! 5 ! "272C ! 745 ! 6/0;-1/ ! 102O/..-2I ! 5 ! 9272;T ! A571-7?5? ! ./785 ! 8/ ! :0278/! -;6501\7A-2!6202!5.!(.1285.!i7-85.G! *5!65715!8/!O-.12!/.6/A-F-A2;/71/!;-C-120I!A5;5!./0T!O-.15!28-271/I!5!"272C!F5-! ?; ! 65715 ! 8/ ! 265-5=AS2O/ ! 6202 ! 2 ! 605Y/345 ! 85 ! 658/0-5 ! /.128?7-8/7./ ! 75. ! 5A/275.! 92AXF-A5 ! / ! #1C\71-A5G ! # ! 0/8?345 ! 82 ! A262A-828/ ! 56/021-O2 ! 85. ! (.1285. ! i7-85. ! 72! )/:?782!>?/002!$?78-2C!1/0-2!.-85!80T.1-A2!A2.5!745!8-.6?./../!85!"272C!85!9272;TG! b5Y/I!;/.;5!A5;!2!2;6C-2345!85!2CA27A/!8/!;X../-.!/!2O-k/.!8/!:?/002I!/.12!62..2:/;! /710/!5.!85-.!5A/275.!6/0.-.1/!/.1021@:-A2G!#102O@.!85!6051/150285!85!9272;TI!2!605Y/345! 82 ! F5032 ! D@C-A2 ! /.128?7-8/7./ ! 2CA2735? ! 5 ! A57Y?715 ! C21-75=2;/0-A275 ! l+ƒ+&#= ƒ($#%(&I!LssgR!9#H#$#!"#H#&!#i,b+a%,ƒI!JKLKR!),a#,U+aI!JKKNmG! MJ 0;adDS>C*## /*0C<a>@PC*-=>=D;E*BC*3;N;<V # ! ;5712:/; ! 85 ! A5;6C/P5 ! ;-C-120 ! /.128?7-8/7./ ! 75 ! 9272;T ! 1/O/ ! -7XA-5! 6202C/C2;/71/ ! Z ! A57.10?345 ! 85 ! "272CG ! #5 ! C57:5 ! 85 ! 1/;65I ! 2. ! -7.12C23k/. ! ./0-2;! 2;6C-282. ! / ! 0/A/D/0-2; ! 75O2. ! F?73k/.I ! 1027.F50;2785 ! 2 ! T0/2 ! /; ! ?;2 ! 82. ! ;2-50/.! A57A/71023k/.!6/0;27/71/.!8/!10562.!/!/B?-62;/715.!;-C-120/.!85!;?785G! *?0271/!275.I!5!9272;T!./8-5?!5!658/05.5!"5;2785!)?C!85.!(.1285.!i7-85.! li))5?1S"5;mI!B?/!C-8/02O2!F5032.!8/!1/002I!;20!/!20G!)-1?285!75!C285!85!92AXF-A5I!?;! -;6501271/ ! /P/;6C20 ! 82 ! 20B?-1/1?02 ! A5C57-2C ! /.627S5C2I ! A57S/A-85 ! A5;5 !Y7$""@& B'-418:I!F5-!5!A502345!82.!56/023k/.!;-C-120/.!/.128?7-8/7./.!75!S/;-.F@0-5!5A-8/712C! /710/!LsJK!/!LsNtG!#!6201-0!8/!/7145I!A/7102C-W20-2!2.!56/023k/.!85.!(.1285.!i7-85.!6202! 2!#;@0-A2!&21-72Gf f !_?200]!b/-:S1.!F5-!5A?6285!2!6201-0!8/!LsLNG!*?0271/!./-.!275.I!./0O-?!A5;5!2A2;62;/715!6202!10562.I! 65.15!8/!65CXA-2!;-C-120!/!T0/2!0/.-8/7A-2C!6202!5F-A-2-.!./7-50/.G!(;!./?!/715075!-;/8-215!2D0-:2O2!JJf! ;-C-120/.G!dT!/;!LsMKI!2:2.2CS20-2!NJL!S5;/7.G!(710/!LsJK!/!LsNLI!_?200]!b/-:S1.!./0O-?!8/!B?201/C= :/7/02C!6202!5!A5;278271/!85!*/62012;/715!85!(P@0A-15!75!"272C!85!9272;TR!/710/!LsNL!/!LsNtI!6202!5! A5;278271/!85!"5;2785!85!(P@0A-15!6202!*/F/.2!85!"20-D/R!/!/710/!LsqM!/!LsqgI!6202!5!A5;278271/!/;! AS/F/!85!"5;2785!)?CG!i;2!8/!.?2.!-7.12C23k/.!5!o,n7/C!8/!+6/023k/.!"57Y?712.pI!?;!2D0-:5!Z!605O2! 8/!D5;D2.I!A57.10?X85!/;!LsNJI!O-12C!6202!2!6051/345!8/!8285.!-;6501271/.!lF-A2O2!qL!;/105.!2D2-P5!8/! ?;2!05AS2!8/!2C2D2.105mG!)/:?785!e-2082!lJKLLmI!oA5;!.?2.!/P?D/0271/.!;27.k/.I!O-.12.!60-O-C/:-282.!/! C?P?5.2.!A578-3k/.!8/!O-82I!„+!b/-:S1.…!/02!?;!/7A2072345!B?2./!6/0F/-12!85!-;6/0-2C-.;5!85.!(.1285.! i7-85.!72!#;@0-A2!&21-72!/!75!;?785pG MM +CDC*LZ!_?200]!b/-:S1. +CND@Z!S116EuucccGAWD021.GA5;u"?9#u"500-:27u #!~572!85!"272C!./0O-?!A5;5!65715!8/!A57A/7102345!8/!10562.I!8/!/;D20B?/I!8/! 8/./;D20B?/!/!A5;5!A/7105!8/!0/A?6/02345!1@A7-A2!8/!.?D;20-75.!/!72O-5.!8/!:?/002R! 2A5CS/? !1585.!5.!1-65.!8/!2/0572O/.!/!F5-!2;6205 !C5:X.1-A5!6202!:0278/. !56/023k/.R! ./0O-? ! A5;5 ! /.A5C2 ! 8/ ! 10/-72;/715 ! 6202 ! ;-C-120/. ! C21-75=2;/0-A275.I ! 65.15 ! 8/! ;57-1502;/715 ! 8/ ! -7F50;23k/. ! / ! D2./ ! 6202 ! 56/023k/. ! AC278/.1-72. ! lA57F50;/ ! d5.@! `C27857I!/P=5F-A-2C!82!-71/C-:Q7A-2!6272;/7S2I!2F-0;5?!/;!8/65-;/715!25!"5;-1Q!8/! a/C23k/.!%71/072A-572-.!85!)/7285!85.!(.1285.!i7-85.I!/;!LsggmG!$2-.!0/A/71/;/71/I! 5!9272;T!12;D@;!A57.1-1?-0-2!?;!0/C/O271/!A/7105!/P/A?150!8/!605:02;2.!271-805:2.G #.!F501-F-A23k/.!A57.10?X82.!25!C57:5!85!"272C!6/0;-1-0-2;!Z.!F5032.!20;282.! /.128?7-8/7./. ! A57105C/ ! .5D0/ ! 2 ! 62..2:/; ! 8/ ! 72O-5. ! 8/ ! :?/002 ! 8/ ! ./?. ! 28O/0.T0-5.! le(%,~I!JKKKR!iG)G!)(H#,(!"+$$%,,((!+H!#a$(*!)(a'%"()I!JKKKmG! #!60/./732!;-C-120 !72!T0/2!12;D@;!2../:?02O2!Z!"%#!F2A-C-828/!8/!2A/..5!2! -7F50;23k/.!.5D0/!5.!2A571/A-;/715.!85.!62X./.!82!0/:-45I!:20271-785!2!e2.S-7:157! 0T6-82. !-71/0O/73k/. !/;!D52!6201/!85!S/;-.F@0-5 !5A-8/712CG!#-782!S5Y/I!2!62..2:/;! -71/05A/\7-A2!@!8/!/P10/;2!-;6501\7A-2!6202!5.!(.1285.!i7-85.I!650!6/0;-1-0!5!0T6-85! MN ;5O-;/715!8/!.?2!F0512G!(;!JKKsI!5.!72O-5.!8/!.?2!$20-7S2!?.2O2;!2!102O/..-2!6/C5! ;/75.!?;2!O/W!650!./;272Gq! (710/!2.!8/W/72.!8/!-7.12C23k/.!;-C-120/.!/.128?7-8/7./.!/;!.5C5!6272;/7S5I! 2C:?;2. ! ./ ! 8/.12A202;I ! A5;5 ! 2 ! `2./ ! 82 ! U5032 ! #@0/2 ! #CD055r ! lC285 ! 92AXF-A5mI! -72?:?0282 ! /; ! LsJJI ! 1/;65 ! /; ! B?/ ! 2. ! 2/0572O/. ! /02; ! F0T:/-. ! / ! 8/1-7S2; ! 65?A2! 2?1575;-2!56/02A-572CG!(;!LsNKI!B?2785!2!:?/002!./!8/./705C2O2!72!(?0562I!#CD055r! 2D0-:20-2!2!U5032!#@0/2!85!"272C!85!9272;TR!/710/!Lstq!/!LsgsI!62..20-2!2!./8-20!2! *-O-.45!)?C!82!U5032!#@0/2!85.!(.1285.!i7-85.G!*/!LsNK!2!LsgsI!2C5Y20-2!2!#A28/;-2! %71/02;/0-A272!82!U5032!#@0/2I!./785!8/O5CO-82 !Z!a/6nDC-A2!85!9272;T!26/72.!/;! 5?1?D05!8/!LsstG -;a;*hE!"5;6C/P5!;-C-120!85!"272C +CND@Z!:C5D2C./A?0-1]G50: q !S116EuucccG72O]G;-Cu./20ASu8-.6C2]G2.6y.150]‚-8†MKfLs Mf +?102!0/F/0Q7A-2!751TO/C!@!2!`2./!#@0/2!b5c208E!-72?:?0282!/;!LsNJI!150720= ./=-2!2!1500/!8/!F5032!85!658/0!/.128?7-8/7./!72.!#;@0-A2.!"/7102C!/!85!)?CG!+.!2O-k/.! B?/ ! 6201-2; ! 8/ ! b5c208 ! :20271-2; ! 5 ! 8/.C5A2;/715 ! 8/ ! A571-7:/71/.I ! /P/0AXA-5. ! /! 56/023k/.!8/!D?.A2!/!0/.:21/!/;!8/.2.10/.!72!T0/2!85!"5;2785!)?CG!"5;!?;!/.6235!8/! Lf!r;•I!2!D2./!8-.12O2!Nf!;-7?15.!82!"-828/!85!9272;T!/!A5712O2!A5;!?;2!6-.12!8/! 65?.5 ! 8/!JGfsL!;/105.I !5!D2.1271/ !6202!0/A/D/0 !2O-k/. !8/!A20:2 !-71/072A-572-.R !/02I! /7145I!2!n7-A2!6-.12!/.128?7-8/7./!25!.?C!85!a-5!>0278/!605712!6202!0/A/D/0!Y215.G! # ! b5c208 ! 8-.6?7S2 ! 8/ ! /8-FXA-5. ! A5;/0A-2-. ! / ! 0/.-8/7A-2-.I ! 127B?/. ! 8/! 20;2W/72:/; ! 8/ ! A5;D?.1XO/CI ! .-.1/;2. ! 8/! 80/72:/; ! / ! 8/ ! T:?2 ! 651TO/CI ! .-.1/;2 ! 8/! /.:515I ! / ! /7/0:-2 ! /C@10-A2 ! F507/A-82 ! 650 ! ?;2 ! /.12345 ! 1/0;5/C@10-A2 ! 8/ ! NN ! B?-C5O5C1.! .-1?282 ! /; ! $-02FC50/.G ! $2-. ! 0/A/71/;/71/I ! A57120-2 ! A5; ! ?; ! .-.1/;2 ! 8/! 1/C/A5;?7-A23k/. ! 650 ! F-D02 ! <1-A2 ! B?/ ! A57/A12O2 ! 1582. ! 2. ! 271-:2. ! -7.12C23k/. ! 85! A5;6C/P5!;-C-120!85!A272CG!#!D2./!2D0-:2O2!A232.I!A20:?/-05.I!72O-5.=127B?/I!.-.1/;2.! 8/!A57105C/!/!28O/01Q7A-2!2@0/5.I!Y215.!/P/A?1-O5.!/!S/C-A<61/05.!8/!D?.A2!/!0/.:21/Gt *?0271/!2!8@A282!8/!LsfKI!2!U5032!#@0/2!85.!(.1285.!i7-85.!?.5?!2!b5c208!75! 6C27/Y2;/715!/!75!265-5!8/!;275D02.!A57Y?712.G!(;!LsqLI!1582.!2.!56/023k/.!82!i)#U! 75!9272;T!F502;!8/.C5A282.!6202!2!D2./G!(7B?2715!F?7A-575?I!2!b5c208!2D0-:5?!5! d%#,U=)?CI!B?/!56/05?!75!8/.;271/C2;/715!85!A5;@0A-5!8/!720A<1-A5.G!9202!/.1/!1-65! 8/!-7-A-21-O2I!5!"5;2785!)?C!;271-7S2!72!D2./I!8/710/!5?102.I!2/0572O/.!(=M!)/710]! #e#". ! l.-:C2 ! /; ! -7:CQ. ! 6202 !!-",0"5' & >$"5-54 & $5% & /058"0( & ?@:8'#I ! )-.1/;2 ! 8/! "57105C/!/!#8O/01Q7A-2!#@0/2m!h!A57.-8/0282.!-7.10?;/715.!F?782;/712-.!72.!56/023k/.! 271-805:2. ! h ! 2C@; ! 8/ ! 72O-5.=127B?/ ! ^"=LMf ! / ! A232. ! U=Lf ! / ! U=Lq ! 6202 ! 6051/:/0 ! 5.! .-.1/;2.!8/!A57105C/!/!28O/01Q7A-2!2@0/2Gg # !(.12345 ! H2O2C ! a58;27I ! 72 ! A5.12 ! 85! 92AXF-A5I ! /02 ! 5 ! A/7105 ! 8/ ! 265-5! 56/02A-572C!/!28;-7-.1021-O5!8/!1582.!2.!23k/.!82!$20-7S2!85.!(.1285.!i7-85.!.5D!2! 0/.657.2D-C-828/ ! 85 ! "5;2785 ! )?CG ! )?2 ! A57.10?345 ! A?.15? ! i€ ! NKK ! ;-CSk/.G ! (.12! -7.12C2345!F507/A-2!A5;D?.1XO/C!/!.?60-;/715.!2!72O-5.!85.!(.1285.!i7-85.!/!8/!./?.! 2C-285.!/!/02!0/.657.TO/C!6/C2!./:?02732!82.!F5032.!72O2-.!/.128?7-8/7./.!/;!10\7.-15G! )/8-5?!2-782!2!(.A5C2!8/!,0/-72;/715!,@A7-A5!/!%7.10?345!/;!H2O-5.!9/B?/75.!82! $20-7S2!85.!(.1285.!i7-85.G t !>&+`#&!)("ia%,ƒG!2C^;EB*)=E*+CEO@*M;A@G!)/;!8212G!*-.657XO/C!/;! ‡S116EuucccG:C5D2C./A?0-1]G50:u;-C-120]uF2A-C-1]uS5c208GS1;ˆ g !U&(,"b(aI!b200]!aGG!)=E*+CEO@*M;A@A*g*$C>S<@*##E!#-0!`2./.!+?1.-8/!1S/!i7-1/8!)121/.!5F!#;/0-A2!G! e2.S-7:157 ! *" ! E ! "/71/0 ! F50 ! #-0 ! U50A/ ! b-.150] ! I ! i7-1/8 ! )121/. ! #-0 ! U50A/I ! LssMG !*-.657XO/C ! /; ! ‡! S116EuucccG2FS.5G2FG;-Cu.S20/8u;/8-2u85A?;/71u#U*=LKKfJf=KqKG68Fˆ ! #A/..5 ! /; ! JJ ! 8/ ! 5?1?D05 ! 8/! JKLLG Mq _?2715!Z.!-7.12C23k/.!82!F5032!1/00/.10/I!./!8/.12A202;I!72!A5.12!85!92AXF-A5I!5! U501/!#;2850I!C5:5!2D2-P5!82!9571/!82.!#;@0-A2.Is!B?/!A5712O2!A5;!10562!8/!-7F27120-2! /!8/6<.-15.!8/!A5;D?.1XO/-.R!5!U501/!"C2]157I!B?/!2D0-:5?!5!(P@0A-15!)?C!85.!(.1285.! i7-85. ! l9?!)?HmI ! 0/.657.TO/C ! 6/C5 ! A5;2785I ! A57105C/ ! / ! 265-5 ! Z. ! F5032. ! 20;282.! 7501/=2;/0-A272.!75!9272;T!l/710/!2.!.?2.!210-D?-3k/.!/.12O2!2!8/!6051/:/0!5.!A-82845.! / ! 60560-/828/. ! /.128?7-8/7./. ! / ! 2?P-C-20 ! 75 ! o8/./7O5CO-;/715 ! 8/ ! -7.1-1?-3k/.! 8/;5A0T1-A2.pm!/!5!U501/!^5DD/I!B?/!./8-5?!102D2CS5.!8/!265-5!2!8/.2.10/.I!;-..k/.!8/! .5A5005!/!./0O-35.!S?;27-1T0-5.G!(.1/!U501/I!2!6201-0!8/!LsqJI!62..5?!2!2D0-:20!2!LsM‰! `0-:282!8/!%7F27120-2I!F5032!B?/!./0O-2!6202!o0T6-82!-71/0O/7345!/;!A2.5!8/!605DC/;2.! 72!#;@0-A2!&21-72pG! dT!72!A5.12!21C\71-A2I!/.12O2!5 !U501/!*2O-.I!B?/!2:2.2CS5? !5!LN‰!a/:-;/715!8/! %7F27120-2!85!(P@0A-15!l8/!LsJK!2!LsfqmI!5!*/6<.-15!>/02C!85!9272;T!75!#1C\71-A5!l8/! LsMs!2!LsNqmI!5!"5;2785!8/!)/:?02732!/!U5032!$<O/C!85!9272;T!l/710/!LsNL!/!LsNqmI! 5!N‰!`212CS45!82!LKŠ!%7F27120-2!l8/!LsqJ!2!LsgNm!/!5!M‰!`212CS45!8/!U5032.!(.6/A-2-.!85! (P@0A-15!l/710/!LsgN!/!LssKmG!H/.12!A5.12!12;D@;!F-A2O2;!5!U501/!*/!&/../6.I!./8/!82.! F5032.!8/!8/F/.2!82.!A-828/.!8/!"0-.1<D2C!/!"<C57!/710/!LsLM!/!LsffI!/!5!U501/!>?C-ArI! F2;5.5!650!2D0-:20I!/710/!LsNs!/!LsgNI!5!A/7105!B?/!10/-75?!/!85?10-75?!;2-.!8/!MGNKK! ;-C-120/. ! C21-75=2;/0-A275.I ! 2 ! (.A5C2 ! 82. ! #;@0-A2.G ! (.1/ ! B?201/CI ! 2 ! 6201-0 ! 8/ ! LsqKI! 62..5?!12;D@;!2!2C5Y20!?;!>0?65!8/!U5032.!(.6/A-2-.!85!(P@0A-15I!./785!8/O5CO-85!/;! LsgN!25!:5O/075!6272;/7S5!/!0/15;285!/;!LsgsI!B?2785!5.!(.1285.!i7-85.!-7O28-02;! 5!62X.!72!56/02345!od?.12!"2?.2pI!B?/!0/1-05?!$27?/C!H50-/:2!85!658/0G H5!C285!21C\71-A5!F-A2O2;!2-782!5 !U501/!a2785C6SI !A57.10?X85!A5;5!6201/!82.! F501-F-A23k/.!6202!2!8/F/.2!A5.1/-02!85!"272C!85!9272;T!l/710/!LsLJ!/!LsLqI!B?2105! D212CSk/.!8/!201-CS20-2!8/!A5.12!F502;!/.12D/C/A-85.!7/.1/!F501/m!/!5!U501/!)S/0;27!B?/I! 8/1/785!T0/2!8/!FC50/.12!1056-A2CI!15075?=./!?;!A/7105!8/!10/-72;/715!8/!56/023k/.!8/! ./CO2I ! 60/6202785 ! ;2-. ! 8/ ! s ! ;-C ! ;-C-120/. ! /.128?7-8/7./. ! / ! C21-75=2;/0-A275. ! /;! 1@A7-A2.!8/!A57F05715!/!.5D0/O-OQ7A-2G!U?78285!/;!LsfLI!5!)S/0;27!F?7A-575?!21@!./0! /710/:?/!25.!6272;/7S5.!/;!;2035!8/!LsssG *5!65715!8/!O-.12!65CX1-A5I!8/710/!2.!;nC1-6C2.!21-O-828/.!8/./7O5CO-82.!7/.1/! :-:271/.A5!/!8-.6/78-5.5!A5;6C/P5!;-C-120I!?;2!8/C2.!./0-2!6201-A?C20;/71/!.-7-.102E!5! 10/-72;/715 ! 8/ ! ;-C-120/. ! C21-75=2;/0-A275. ! 650 ! ?; ! A/7105 ! B?/I ! /; ! LsqMI ! ./0-2! 8/75;-7285!(.A5C2!82.!#;@0-A2.G!$2-.!8/!qL!;-C!;-C-120/.!8/!1582!2!#;@0-A2!&21-72! s !%72?:?0282!/;!LsqJI!A?.15?!25.!(.1285.!i7-85.!i€!JK!;-CSk/.!/!./0O-2!8/!oC-:2345!/710/!8?2.!;2..2.! 8/!1/002!./620282.!6/C2!A57.10?345!85!"272C!85!9272;TpG! ‡S116EuucccGc50C8S/28B?201/0.GA5;u6272;2u8/.1-721-57.uD0-8:/‚2;/0-A2.uˆ Mt 0/A/D/02; ! 10/-72;/715 ! 7/.1/ ! A/7105G ! #XI ! ./:?785 ! 5 ! */62012;/715 ! 8/ ! */F/.2 ! 85.! (.1285.!i7-85.!l*5*mI!/02;!;-7-.10285.!A?0.5.!8/!/8?A2345!;-C-120!85!;/.;5!;585! B?/!72.!-7.1-1?-3k/.!;-C-120/.!/.128?7-8/7./.G! */.8/!.?2!F?782345I!2!(.A5C2!82.!#;@0-A2.!10/-75?!;-C-120/.!C21-75=2;/0-A275.! 6202 ! ./0O-35. ! 8/ ! -71/C-:Q7A-2 ! ;-C-120I ! 1@A7-A2. ! 8/ ! -71/005:21<0-5I ! 1T1-A2. ! 8/! A57102-7.?0:Q7A-2 ! / ! :?/002 ! 6.-A5C<:-A2G ! )?2 ! F?7345 ! /02 ! 60/62020 ! 605F-..-572-. ! 75! A5;D21/!25.!;-C-1271/.!A5;?7-.12.G! 9202!5!/P=60/.-8/71/!85!9272;TI!d50:/!%CC?/A2I!2!(.A5C2!82.!#;@0-A2.!F5-!o2! ;2-50!D2./!6202!2!8/./.12D-C-W2345!82!#;@0-A2!&21-72pGLK! +!/7O5CO-;/715!8/!8-O/0.5.! /P=2C?75.!82!(.A5C2!/;!O-5C23k/.!85.!8-0/-15.!S?;275.I!/.B?280k/.!82!;501/I!:5C6/.! ;-C-120/.!/!2..2..-7215.!65CX1-A5.!C/O5?!25!.?0:-;/715!8/!:0?65.!/!;5O-;/715.!A-O-.!/;! F2O50!8/!./?!F/AS2;/715G!,2-.!;5O-;/715.!8/75;-72O2;!/.1/!A/7105!A5;5!o/.A5C2!8/! 2..2..-75.pI!o/.A5C2!8/!1501?02850/.p!/!o/.A5C2!8/!8-12850/.pG! +CDC*JZ!927FC/15!A57O5A2!6202!;27-F/.12345!75!"S-C/!6/C5!F/AS2;/715!82!(.A5C2!82.!#;@0-A2.G! H5O/;D05I!JKLLG +CND@Z*S116Euu5D./0O2850/.AS-C/GDC5:.651GA5;uJKLLuLLu75=;2.=/.A?/C2=8/=2./.-75.GS1;C LK !/'58'"&C0"&?0.-$(&/05.'"5!‡!S116EuucccGYS?G/8?uA.Auˆ Mg (;!1582!2!#;@0-A2!&21-72!/!75.!(.1285.!i7-85.I!5!)+#!>$8.1! A57O5A2!6202!;27-F/.12345! A57102!2!(.A5C2G!H5O/;D05I!JKLLG +CND@Z*S116Euuc-D2-C5?16/56C/GF-C/.Gc50860/..GA5;uJKLLuKsu75OJKLLF0571.;0:DGY6: H5.!(.1285.!i7-85.I!/;!2:5.15!8/!JKLLI6051/.15!A57102!2!(.A5C2G +CND@Z!S116Euu62PAS0-.1-?.2LGF-C/.Gc50860/..GA5;uJKLLuKgucS-1/S5?./A2CC-782]GY6: Ms (;!JKKtI!627FC/15!A57102!2!(.A5C2G +CND@ZS116Euu1/76/0A/71Gc50860/..GA5;uJKKtuKtuKMu NK +CDC*fZ*%<!JKKLI!627FC/15.!./!0/F/0/;!25!eb%H)("!A5;5!!oi7-O/0.-828/!85!,/0050-.;5p +CND@Z!S116Euu1S/;50;57c50r/0Gc50860/..GA5;u i;2!0/65012:/;!85!e2.S-7:157!95.1!8/!LsqgI!75!2?:/!82!>?/002!U0-2I!2F-0;2O2! B?/!o#!(.A5C2!82.!#;@0-A2.!‹GGGŒ!1/;!12715.!5F-A-2-.!C21-75=2;/0-A275.!-;6501271/.!/710/! ./?.!/P=2C?75.GGG!B?/!F-A5?!A57S/A-82!72!#;@0-A2!&21-72!A5;5!2!„(.A5C2!8/!>5C6/.…p! l`&i$I!JKKMEJJMmG */!F215I!5!9/71T:575!28;-1-?!5!?.5!75.!10/-72;/715.!82!(.A5C2!8/!;27?2-.!B?/! 8/F/78-2;!5!?.5!8/!1@A7-A2.!A5/0A-1-O2.!8/!-71/005:2345G!(;!LK!8/!;2035!8/!LssJI!?;! ;/;502785!/7O-285!25!/7145=)/A0/1T0-5!8/!*/F/.2I!a-AS208!"S/7/]I!-7F50;2O2!5!?.5I! 6/C5!"5;2785!)?C!85.!(.1285.!i7-85.!li))5?1S"5;mI!8/! ;27?2-. ! 8/ ! A57102=-71/C-:Q7A-2 ! A571/785 ! ;21/0-2C ! A578/7TO/C! 75 ! 10/-72;/715 ! 8/ ! ;-C-120/. ! C21-75=2;/0-A275.G ! ‹GGGŒ ! )/1/! ;27?2-. ! /; ! /.627S5C ! F502; ! A5;6-C285. ! 8/ ! ;21/0-2C! NL -7.10?A-572C ! 8/.21?2C-W285 ! ./; ! 2. ! 8/O-82. ! 0/O-.k/. ! 5?! 2605O23k/. ! ‹GGGŒ ! ?;2 ! 0/O-.45 ! F/-12 ! 6/C5 ! (P@0A-15 ! /; ! JL ! 8/! F/O/0/-05 !8/ !LssJI! ‹GGGŒ! A57AC?-? !B?/ !A-7A5 !85. !./1/ !;27?2-.! A571-7S2!C-7:?2:/;!/!8/AC2023k/.!B?/!O-5C2;!605-D-3k/.!C/:2-.I! 0/:?C21<0-2. ! 5? ! 8/ ! 65CX1-A2G ! ,2-. ! ;27?2-. ! .45E ! „$27/Y5 ! 8/! a/A?0.5.…I ! „>?/002 ! a/O5C?A-57T0-2 ! / ! %8/5C5:-2 ! "5;?7-.12…I! „,/0050-.;5 ! / ! 2 ! >?/00-CS2 ! i0D272…I ! „%71/005:21<0-5… ! /! „%71/C-:Q7A-2 ! 8/ ! "5;D21/…G ! 9202 ! /P/;6C-F-A20I ! 5 ! ;27?2C! „$27/Y5!8/!a/A?0.5.…I!25!8/.A0/O/0!5!0/A0?12;/715!/!A57105C/! 8/!0/A?0.5.!8/!-71/C-:Q7A-2I!./!0/F/0/!2!;51-O2345!2102O@.!85! ;/85I ! 62:2;/715 ! 8/ ! 0/A5;6/7.2. ! 650 ! -7-;-:5 ! ;5015I! /.627A2;/715.I ! 60-.k/. ! F2C.2.I ! /P/A?3k/. ! / ! ?.5 ! 8/ ! .505 ! 82! O/0828/G! n-@<CE;NBC * a;E; * C * '@OE@DVE=C * B; * (@R@A; * BCA * %AD;BCA* !N=BCAI*LJ*B@*<;EWC*B@*LbbJo +.!;27?2-.!1/0-2;!.-85!?.285.!/;!A?0.5.!;-7-.10285.!8/!Lsgs!2!LssL!2!;-C-120/.! 82 ! `5CXO-2I ! "5C[;D-2I ! "5.12 ! a-A2I ! (B?2850I ! >?21/;2C2I ! b578?02.I ! $@P-A5I ! 9/0?I! a/6nDC-A2!*5;-7-A272!/!'/7/W?/C2!lO/0!/P10215.!85.!;27?2-.!82!(.A5C2!75!#7/P5!%%%mG! + ! ;21/0-2CI ! /710/12715I ! /.12O2 ! ./785 ! /F/1-O2;/71/ ! /;60/:285 ! 8/.8/ ! LsgJ ! liG)G! *(9#a,$(H,(!+U!*(U(H)(I!LssJmG ,2-. ! 0/O/C23k/. ! 2C-;/71202; ! 5. ! 6051/.15. ! A57102 ! 5 ! :5O/075 ! /.128?7-8/7./G! */./7O5CO/?=./! ?;! ;5O-;/715 ! Y?715 !25 !"57:0/..5 !85. ! (.1285. ! i7-85. ! /P-:-785 ! 5! F/AS2;/715 ! 82 ! (.A5C2G ! (710/ ! LsqL ! / ! LsqqI ! 8-128?02. ! ;-C-120/. ! 8/00?D202; ! 75O/! :5O/075.!C21-75=2;/0-A275.G!*/710/!5.!/P/A?150/.!8/.1/.!:5C6/.!/.12O2;!/P=2C?75.!82! (.A5C2I!A5;5!75!A2.5!8/!b578?02.!/!82!>?21/;2C2G! !*282!2!-;6501\7A-2!82!-7.1-1?-345! 72!/.1021@:-2!85.!(.1285.!i7-85.!6202!2!#;@0-A2!&21-72I!5!*/62012;/715!8/!*/F/.2!745! C/O5?!/;!A57.-8/02345!5.!6C/-15.G!i;2!0/65012:/;!82 !6'G:G''J! 8/!s!8/!2:5.15!8/! LssM!102W-2!?;2!8/AC202345!85!"5057/C!d5./!#CO20/WI!/7145=A5;278271/!82!(.A5C2!82.! #;@0-A2.E 950!/7B?2715I!5!9/71T:575!745!620/A/!1/0!7/7S?;2!-71/7345!8/! F/AS20 ! 2 ! (.A5C2G ! )/ ! 5. ! /.128?7-8/7./. ! B?/0/; ! 1/0 ! 2C:?;2! -7FC?Q7A-2!72!F50;2!A5;5!2.!723k/.!./!A578?W/;I!/C/.!1Q;!B?/! 1/0!?;!2../715!Z!;/.2!‹GGGŒ!+!B?/!/..2!(.A5C2!F2W!@!820!‹25.! (.1285. ! i7-85.Œ ! ?; ! 2../715 ! Z ! ;/.2 ! A5; ! 5. ! /P@0A-15. ! 82! #;@0-A2!&21-72G!U/AS20!2!(.A5C2!2:502!./0-2!5!;2-50!.-72C!B?/! 7<. ! 658/0X2;5. ! ;27820 ! 8/ ! B?/ ! 745 ! 75. ! -;65012;5. ! A5; ! 2! 0/:-45G n"@^A^@@p[*b*B@*;TCADC*B@*Lbbfo NJ #!(.A5C2!82.!#;@0-A2.!2../:?02O2!25.!(.1285.!i7-85.!5!A571215!8-0/15!A5;!5.! ;-C-120/. ! C21-75=2;/0-A275. ! 0/.657.TO/-. ! 650 ! :5C6/. ! ;-C-120/. ! / ! 0/60/..45 ! 25.! ;5O-;/715. ! 8/;5A0T1-A5.G ! +. ! 2C?75. ! 2..-;-C2O2; ! 5. ! 60-7AX6-5. ! 85?10-7T0-5. ! 85! 9/71T:575!B?/I!2..-;I!/O-12O2!8-.6/78-5.2.!/!8/.:2.1271/.!-7.12C23k/.!8/!D2./.!;-C-120/.! 72!#;@0-A2!85!)?CG +0:27-W23k/. ! B?/ ! 0/AC2;2; ! 5 ! F/AS2;/715 ! 82 ! (.A5C2 ! 82. ! #;@0-A2. ! 0/O/C2;! 75;/.!8/!/P=2C?75.!B?/!./!7512D-C-W202;!72!0/60/..45!65CX1-A2!/;!./?.!62X./.GLL!(-.!?;2! 0T6-82!-C?.102345E 2m M=A<;EOp*M;E;OSY\*)<sNO=C*&;<;>YC!l`02.-CmE!$2Y50G!a/A/D/?!10/-72;/715! 72!(.A5C2!82.!#;@0-A2.!8/!JK!8/!F/O/0/-05!2!Jg!8/!2D0-C!8/!LsqtG!#1/78/?!25! A?0.5!8/!o%71/C-:Q7A-2!$-C-120!h!U2./!%%pG!x!26571285!A5;5!1/785!6201-A-6285!82.! F5032.!0/60/..-O2.!B?/!21?202;!75!`02.-C!72.!8@A282.!8/!LsqK!/!LstKG!,/O/!./?! 75;/ ! 0/C2A-57285 ! A5; ! 5 ! 21/71285 ! Z ! D5;D2 ! A57102 ! 2 ! /8-1502 ! "-O-C-W2345! `02.-C/-02I!/;!LsqgG Dm UCcC*3;S>C*-CE@=E;*MSEN=@E!l`02.-CmE!9201-A-65?!85!A?0.5!o%71/C-:Q7A-2!$-C-120! h!U2./!%pI!/;!LsqtG!x!2A?.285!8/!1501?02!/!/P/A?3k/.G!)/:?785!5!:0?65!,501?02! H?7A2!$2-.I!5!60-.-57/-05!65CX1-A5!#C/P!95C20-!8/!#CO/0:2!2F-0;2!B?/!`?07-/0! ;215?!)1?201!(8:208!#7:/C!d57/.I!F-CS5!82!/.1-C-.12!~?W?!#7:/CG!*/!2A5085!A5;! D-5:02F-2 ! 50:27-W282 ! 6/C5 ! "9*+"I ! `?07-/0 ! oF5- ! 5 ! -8/2C-W2850 ! 82. ! „;-..k/.! /.6/A-2-.…I ! B?/ ! 1/0-2; ! 650 ! 5DY/1-O5 ! /C-;-720 ! .?;20-2;/71/ ! 2. ! 6/..52. ! B?/! 21-02O2; ! 5DY/15. ! A57102 ! 2 ! 65CXA-2 ! 85 ! 2C15 ! 85. ! /8-FXA-5. ! 85 ! A/7105 ! 85 ! a-5 ! 8/! d27/-05!8?0271/!2.!;27-F/.123k/.!/.1?8271-.!-7-A-282.!A5;!2!;501/!85!/.1?8271/! ./A?7820-.12!(8.57!&?X.!8/!&-;2!)5?15I!/;!;2035!8/!Lsqgp!l"9*+"I!JKKLmG Am 0>@<@ND@!UCAX*-CND@=EC*+=>YC!l`02.-CmE!"26-145!8/!$20!/!>?/002!85!"5065!8/! U?W-C/-05.!H2O2-.G!#1/78/?!25!A?0.5!o%71/C-:Q7A-2!$-C-120pI!/;!LsqfG!x!2A?.285! 8/ ! 1501?02I ! 2102O@. ! 8/ ! OT0-5. ! ;@1585.I ! 650 ! b?;D/015 ! &-;2I ! $2012 ! $20-2! ^2:.D?07I!$2012!$512!&-;2!#CO20/WI!8/710/!5?105.G LL !#.!-7F50;23k/.!0/C21-O2.!25.!;-C-120/.!;/7A-57285.!7/.1/!102D2CS5!F502;!5D1-82.!2102O@.!82.!./:?-71/.! 50:27-W23k/.E ! )+# ! e#,"b ! ‡S116EuucccG.52cG50:uˆR ! >0?65 ! ,501?02 ! H?7A2 ! $2-.! ‡S116EuucccG1501?027?7A2;2-.=0YG50:GD0uˆR !/!/;!>#)9#a%I!xC-5G!#!*-128?02!(.A27A20282G!)45!92?C5E! "5;627S-2 ! 82. ! &/102.I ! JKKJG ! 9202 ! ;2-. ! -7F50;23k/. ! O/0 ! /; ! 6201-A?C20 ! 5 ! )+# ! e21ASI! ‡S116EuucccG.52cG50:u2D5?1=?.ˆ NM 8m &CH@EDC * (t)SHS=AACN * )EE=@D;! l(C ! )2CO2850mE ! $2Y50G ! >028?5?=./ ! /;! A5;?7-A23k/.I!72!(.A5C2!82.!#;@0-A2.I!/;!LstJG!U5-!2A?.285!6/C5!2..2..-7215I! /;!LsgKI!85!20A/D-.65!+.A20!a5;/05I!A57S/A-85!650!8/7?7A-20I!8?0271/!.?2.! ;-..2.I!2.!O-5C23k/.!85.!*-0/-15.!b?;275.!A5;/1-82.!8?0271/!2!>?/002!"-O-C!8/! (C ! )2CO2850G ! +0:27-W5? ! 2 ! #C-2732 ! a/6?DC-A272 ! H2A-572C ! l#a(H#mI ! B?/! F?7A-572O2 ! A5;5 ! ?; ! /.B?28045 ! 82 ! ;501/G ! U-A5? ! A57S/A-85 ! A5;5 ! o`5D! $2320-A5pI!./?!-7.10?;/715!8/!1501?02!F2O50-15G!*/!2A5085!A5;!2!"5;-..45!82! '/0828/!82!#7-.1-2!%71/072A-572CI!/710/!./?.!A0-;/.!/.145I!2C@;!85!2..2..-7215! 85!20A/D-.65I!5!/.1?605!/!2..2..-7215!8/!B?2105!D/212.!/.128?7-8/7./.I!/;!LsgKR! 5!;2..2A0/!72!O-C2!8/!(C!$5W51/I!578/!;2-.!8/!sKK!6/..52.!F502;!;5012.I!/;! LsgKR ! 5 ! ;2..2A0/ ! 85 ! &2:5 ! )?AS-1CT7I ! B?/ ! 8/-P5? ! LLt ! ;5015.I ! /; ! LsgMR ! 5! ;2..2A0/!/;!&5.!&C27-15.I!B?/!;215?!qg!6/..52.I!/;!LsgNI!8/710/!5?105.!12715.! A0-;/.!l#H%),%#!%H,(aH#"%+H#&I!LssqmG /m ,@CaC>BC*+CEDSN;DC*7;>D=@E=!l#0:/71-72mE!>028?5?=./!72!(.A5C2!/;!LsNsI!75! A?0.5!8/!(7:/7S20-2G !U5-!8-0-:/71/ !85!0/:-;/ !;-C-120 !20:/71-75 !/710/ !LsgL!/! LsgJG!*?0271/ !./?!:5O/075I!5A500/?!2 !6-50!A0-./ !/A57[;-A2 !85!62X. !8/.8/ !2! 8@A282!8/!LsMK!/I!6202!8-.6/0.20!2.!21/73k/.!82!656?C2345I!8/A0/15?!2!5A?62345! 82. ! %CS2. ! $2CO-72.I ! 605A2785 ! ?;2 ! :?/002 ! A5; ! 5 ! a/-75 ! i7-85 ! B?/ ! O-1-;5?! ;-CS20/.!8/!Y5O/7.!0/A0?12.G!d?715!2!5?105.!JgK!O-5C2850/.!85.!8-0/-15.!S?;275.I! 0/A/D/?!85!60/.-8/71/!"20C5.!$/7/;!5!6/0845!650!./?.!A0-;/.I!/;!5?1?D05!8/! LsgsI!;2.!./0-2!8/65-.!75O2;/71/!!605A/..285G Fm 2XODCE *7E;<;uC* -CE;>@A! l>?21/;2C2mE !:/7/02CI !F5- ! 605F/..50 !A57O-8285 !82! (.A5C2!/;!LssLG!)/:?785!5!)+#!e21ASI!F5-!0/.657.TO/C!650!65CX1-A2.!:/75A-82.! B?/!C/:2C-W202;!2105A-828/.!;-C-120/.!72!>?21/;2C2!72!8@A282!8/!LsgK!/!26/.20! 8/ ! .?2 ! A578/72345 ! 650 ! A0-;/. ! 8/ ! :?/002 ! /; ! ?;2 ! A501/ ! /.128?7-8/7./I ! ./-.! ./;272. ! 8/65-.I ! F5- ! A57O-8285 ! 2 ! 8-.A?0.20 ! /; ! ?;2 ! -;6501271/ ! A/0-;[7-2 ! 8/! :028?2345!82!(.A5C2!82.!#;@0-A2.G :m &CH@EDC*%BS;EBC*$=C>;*&@BCNBC! l#0:/71-72mE!:/7/02CI!/.1/O/!72!(.A5C2!/;! LstLG!%71/:05?!A5;!8/.12B?/!2!C-.12!8/!:5C6-.12.!20:/71-75.G!U5-!A578/7285!650! NN 2..2..-7215I!./B?/.105!/!1501?02!8?0271/!2!o>?/002!)?Y2pI!72!#0:/71-72!lLstq= LsgMmG Sm -;NS@>*"CE=@T;!l9272;TmE!>/7/02CG!(;!LsqtI!6201-A-65?!85.!A?0.5.!8/!5F-A-2C! 8/!%7F27120-2I!8/!5F-A-2C!8/!%71/C-:Q7A-2!8/!"5;D21/I!8/!%71/C-:Q7A-2!$-C-120!/!8/! 56/023k/. ! 72 ! )/CO2G ! U-:?02 ! A/7102C ! / ! A57105O/0.2 ! 82 ! 65CX1-A2 ! 6272;/7S2I ! F5-! 2A?.285 ! 6/C5 ! 2..2..-7215 ! 8/ ! .5C8285. ! B?/ ! 6201-A-6202; ! 8/ ! ?; ! :5C6/ ! ;-C-120! F02A2..285!/;!5?1?D05!8/!LsgsG -m 2STC*M;NG@E*'SVE@G! l`5CXO-2mE!:/7/02CI!/;!LsfqI!F/W!5!A?0.5!8/!+F-A-2C!8/! $5150/.!/!/;!Lsgs!F5-!62C/.10271/!A57O-8285!82!(.A5C2!82.!#;@0-A2.G!(;!LsggI! /7105?!6202!5!o05C!82!F2;2p!82!-7.1-1?-345!650!1/0!8285!2D0-:5!25!F?:-1-O5!72W-.12! ^C2?.!`20D-/!/!650!265-20!5!:5O/075!8/!>20A-2!$/W2I!72!`5CXO-2I!?;!0/:-;/! D0?12CI!B?/!8/-P5?!;2-.!8/!LGKKK!;5015.!/;!26/72.!LM!;/./.G Ym -;NS@>*0CNDE@E;A!l"S-C/mE!U5-!AS/F/!82!65CXA-2!./A0/12!82!8-128?02!75!"S-C/I!8/! LstN!2!LsttG!9/C5!2A?.285!6/C5!2..2..-7215!85!/P=60-;/-05!;-7-.105!+0C2785! &/1/C-/0!72!/P6C5.45!8/!?;!A2005=D5;D2I!/;!e2.S-7:157I!F5-!A578/7285!2!./1/! 275.!8/!60-.45G (; ! LsssI ! 8/65-. ! 8/ ! 8-.A?..k/. ! 75 ! "57:0/..5 ! 85. ! (.1285. ! i7-85. ! .5D0/ ! 5! F/AS2;/715 ! 82 ! (.A5C2I ! F5- ! 8/1/0;-7285 ! 5 ! A501/ ! 8/ ! ./?. ! F?785.G ! $2.I ! /; ! JKKLI ! 5! */62012;/715 ! 8/ ! */F/.2 ! /P/A?15? ! ?;2 ! ;275D02 ! 62C-21-O2I ! ;?82785 ! 5 ! 75;/ ! 82! -7.1-1?-345I!72!1/7121-O2!8/!80-DC20 !2!-;2:/;!.-7-.102!8/.1/!A/7105!8/!10/-72;/715G !#! (.A5C2 ! 82. ! #;@0-A2. ! 62..5? ! 2 ! ./0 ! 8/.-:7282 ! A5;5 ! %7.1-1?15 ! b/;-.F@0-A5 ! 6202! "556/02345 ! 8/ ! )/:?02732 ! h ! eb%H)(" ! l.-:C2 ! /; ! -7:CQ. ! 6202 !>':8'"5 & B'#-:*1'"'& A5:8-878' & C0" & ?'.7"-8@ & /00*'"$8-05m ! / ! A571-7?5? ! 2 ! 0/A/D/0 ! -7O/.1-;/715. ! 85! */62012;/715!8/!*/F/.2!85.!(.1285.!i7-85.G! + ! eb%H)(" ! 62..5? ! 2 ! 1/0 ! .?2. ! 23k/. ! A57A/710282.I ! 60-7A-62C;/71/I ! /;! 605:02;2. ! 8/ ! 10/-72;/715 ! 8/ ! A-O-. ! / ! ;-C-120/. ! C21-75=2;/0-A275. ! /; ! 2..?715. ! 8/! ./:?02732G!$?-15.!8/!./?.!A?0.5.!.45!;-7-.10285.!/;!/.627S5C!/!10/-72;!/710/!sKK!/! LNKK!2C?75.!A-O-.I!;-C-120/.!/!65C-A-2-.!2!A282!275I!/;!JN!8-F/0/71/.!A?0.5.G!*/710/!2.! Nf ;-..k/.!85!eb%H)("!/.1T!2!8/!o5F/0/A/0!2!./?.!2C?75.!A57S/A-;/715!/!A5;60//7.45! 85.!A5.1?;/.!/!1028-3k/.!85.!(.1285.!i7-85.pGLJ +!9/71T:575!Y?.1-F-A2!2!7/A/..-828/!8/!/P-.1Q7A-2!85!eb%H)("!2F-0;2785!B?/! 5 ! %7.1-1?15 !@!8/!F?782;/712C !-;6501\7A-2 !6202!2!./:?02732 !S/;-.F@0-A2I !1/785!A5;5! ;-..45 ! o8/./7O5CO/0 ! / ! -7.10?-0 ! 2. ! F5032. ! 20;282. ! 82 ! #;@0-A2 ! &21-72I ! ?.2785 ! 5.! 605:02;2.!8/!10/-72;/715!;2-.!85?10-720-2;/71/!260560-282.I!0/C/O271/.!/!/F-A-/71/.pG! # ! (.A5C2 ! 605;5O/0-2 ! 2 ! oA556/02345 ! 8/ ! F5032. ! ;-C-120/. ! ;?C1-72A-572-. ! 72 ! #;@0-A2! &21-72I ! 2C@; ! 8/ ! 2?;/7120 ! 5 ! A57S/A-;/715 ! C21-75=2;/0-A275 ! .5D0/ ! 5. ! A5.1?;/. ! /! 1028-3k/.!82.!F5032.!20;282.!85.!(.1285.!i7-85.p!l>a%$$(,,I!./;!8212R !iH%,(*! ),#,() ! >(H(a#& ! #""+iH,%H> ! +UU%"(I ! LssqmG ! + ! */62012;/715 ! 8/ ! */F/.2! 2F-0;2!B?/!2!;?82732!F5-!2C@;!85!75;/!85!-7.1-1?15I!8/AC202785!B?/!5!A?00XA?C5!F5-! 0/O-.15 ! / ! B?/ ! 2 ! /.10?1?02 ! 82 ! -7.1-1?-345 ! F5- ! ;58-F-A282G ! (710/12715I ! 5. ! ;/.;5.! 605F/..50/.I!-7AC?.-O/!2A?.285.!8/!2D?.5.!25.!8-0/-15.!S?;275.I!A571-7?2;!;-7-.102785! 2?C2.G +!:5O/075!/.128?7-8/7./!-7.-.1/!/;!8/AC2020!B?/!6201/!82!;-..45!82!-7.1-1?-345!@! 2 ! o605;5345 ! 85. ! O2C50/. ! 8/;5A0T1-A5.p ! / ! o5 ! 0/.6/-15 ! 6/C5. ! 8-0/-15. ! S?;275.pI! 605650A-572785!o/8?A2345!605F-..-572C!/!10/-72;/715!2!;-C-120/.!B?2C-F-A285.I!2:/71/.! 82 ! C/- ! / ! 6/..52C ! A-O-C ! 82. ! 723k/. ! 85 ! b/;-.F@0-5 ! +A-8/712CI ! 8/7105 ! 85 ! A571/P15 ! 85.! 60-7AX6-5.!8/;5A0T1-A5.pG!$2.!5!S-.1<0-A5!8/!O-5C23k/.!2A?;?C285!650!./?.!/P=2C?75.! 8/.;/71/!-71/:02C;/71/!2!Y?.1-F-A21-O2!F50;2C!6202!.?2!;27?1/7345G! #!;-..45!/F/1-O2!82!(.A5C2!82.!#;@0-A2.!./;60/!F5-!2!8/!F2A-C-120!5!A57105C/! 65CX1-A5 ! 82 ! #;@0-A2 ! &21-72G ! ,0/-72785 ! / ! 85?10-72785 ! ;-C-120/.I ! 5. ! (.1285. ! i7-85.! :20271-02;!B?/!5.!62X./.!82!0/:-45!745!F?:-../;!Z.!.?2.!8-0/10-W/.G!#!(.A5C2!F5-!?;! /C/;/715!-;6501271/!82!/.1021@:-2!/.128?7-8/7./!8/!85;-72345G!)/:?785!*c]/0!lLsssmI! 8/65-. ! 82 ! )/:?782 ! >?/002 ! $?78-2CI ! 5. ! (.1285. ! i7-85.! ;278202;!A57./CS/-05.!6202!2!#;@0-A2!"/7102C!/!85!)?CI!6202! A0-20 ! 8-0/10-W/. ! /A57[;-A2. ! / ! 65CX1-A2.I ! 5F/0/A/? ! 10/-72;/715! ;-C-120 !/;!C?:20/. !A5;5 !2 ! (.A5C2 !82. ! #;@0-A2. ! /! 102D2CS5?! Y?715 ! 25 ! `27A5 ! $?78-2C ! / ! 5 ! U?785 ! $57/1T0-5 ! %71/072A-572C! 6202!?.20!F?785.!-71/072A-572-.!2!F-;!8/!6/0.?28-0!5.!CX8/0/.! 72A-572-.!82!#;@0-A2!&21-72!2!./:?-0!2.!8-0/1-O2.!85.!(.1285.! i7-85.G n];DY@E=N@*(^\@E[*#$%&&'!&(!)%*!+,,-,,./,[*Lbbbo LJ !%7F50;23k/.!8-.657XO/-.!75!.-1/!85!eb%H)("I!/;!‡S116.EuucccGD/77-7:G20;]G;-Cu1/7271ucS-7./Auˆ Nq (;!LsssI!25!F/AS2;/715 !82.!nC1-;2. !D2./.!;-C-120/. !85. !(.1285. !i7-85. !75! 9272;TI !5!9/71T:575!1/715?!/O-120!.?2!1027.F/0Q7A-2!6202!5!1/00-1<0-5 !/.128?7-8/7./G! "5;5!20:?;/715I!2C/:5?!B?/!2!(.A5C2!82.!#;@0-A2.!:27S20-2!;2-.!?;!5DY/1-O5E!265-20! 5.!8-O/0.5.!605:02;2.!8/!2..-.1Q7A-2!S?;27-1T0-2I!2..-.1Q7A-2!72A-572C!/!56/023k/.!8/! 0/.:21/ ! /; ! A2.5. ! 8/ ! 8/.2.10/G ! #1?5?I ! /.6/A-2C;/71/I ! 75 ! 8/./7O5CO-;/715 ! 8/ ! 75O2.! -7.1-1?-3k/.!;-C-120/.!72!0/:-45I!:20271-785!B?/!2.!;/.;2.!/.120-2;!./;60/!/;!2A5085! A5; ! 5. ! -71/0/../. ! 85. ! (.1285. ! i7-85.G ! # ! 8/.6/-15 ! 8/.1/. ! /.F5035.I ! 2 ! 6/0;27Q7A-2! /.128?7-8/7./!75!9272;T!745!F5-!/.1/78-82I!/!/;!ML!8/!8/W/;D05!8/!LsssI!1582.!2.! -7.12C23k/.!85.!(.1285.!i7-85.!72!a/6nDC-A2!85!9272;T!F502;!F-72C;/71/!8/.21-O282.G #!-7.-.1Q7A-2!85.!(.1285.!i7-85.!/;!./!;271/0!75!9272;T!1-7S2!F501/.!02Wk/.! /.1021@:-A2.G ! */ ! 2A5085 ! A5; ! d5S7 ! ^/CC/0 ! lJKKgmI ! /8-150 ! 82 !K-(-8$"@ & Z & !'"0:*$.'& <('.8"05-.:I!?;2 !65..XO/C!5D.10?345 !85!"272C!./0-2!o;51-O5 !8/!:0278/!60/5A?62345! 6202!2.!2?150-828/.!;-C-120/.!85.!(.1285.!i7-85.pG!(.12.!-7B?-/123k/.!F502;!/P60/..2.! B?2785 ! ?; ! A5710215 ! 85 ! :5O/075 ! 6272;/7S5 ! 6/0;-1-? ! B?/ ! A5;627S-2. ! AS-7/.2.! A57105C2../;!2.!8?2.!/710282.!85!"272C!85!9272;TG!#!8/A-.45!/02!8/!F215!60/5A?6271/! 6202!e2.S-7:157I!65-.!0/60/./712O2!F501/!2O2735!AS-7Q.!72!#;@0-A2!"/7102CG!o+!"272C! 6/0;-1/ ! Z ! $20-7S2 ! 85. ! (.1285. ! i7-85. ! 1027.F/0-0 ! .?2. ! F5032. ! 026-82;/71/ ! /710/ ! 5.! 1/2105. ! 85 ! #1C\71-A5 ! / ! 85 ! 92AXF-A5G ! # ! 65..-D-C-828/ ! 8/ ! -71/00?6345 ! 85 ! "272C ! A2?.2! /P10/;2!60/5A?62345!Z.!2?150-828/.!;-C-120/.!/.128?7-8/7./.p!l^(&&(aI!JKKgmG! # ! 65..-D-C-828/ ! 8/ ! 2 ! "S-72I ! 75! A57105C/ ! 82. ! /710282. ! /! .2X82. ! 82 ! 62..2:/;I! F/AS20 ! 5 ! 2A/..5 ! 2 ! ./?. ! 72O-5. ! 8/ ! :?/002 ! 2:-15? ! 2. ! 2?150-828/. ! /.128?7-8/7./.G ! #! -;-7Q7A-2!8/!?;!A57FC-15!/710/!"5C[;D-2!/!'/7/W?/C2I!A5;5!5A500/?!/;!JKKgI!Z!@65A2! 82!2..-721?02!85!2A5085!B?/!:20271-?!25.!(.1285.!i7-85.!2!-7.12C2345!8/!./1/!75O2.! D2./. ! ;-C-120/. ! 72 ! "5C[;D-2I ! 72. ! 605P-;-828/. ! 82! '/7/W?/C2I ! 2A-005? ! 2-782 ! ;2-. ! 2! 60/5A?62345!/710/!5.!;-C-120/.!/.128?7-8/7./.I!YT!B?/I!/7B?2715!5.!(.1285.!i7-85.!1Q;! F501/.!0/C23k/.!A5;!2!"5C[;D-2I!2!"S-72!1/0-2!C235.!D/;!60<P-;5.!A5;!2!'/7/W?/C2G! "S-72 ! / ! (.1285. ! i7-85.I ! 65012715I ! /7102O2; ! /; ! 605F?782 ! 8-O/0:Q7A-2 ! 2A/0A2 ! 85! A57105C/!85!"272CG! 950!A5712!8/.1/.!F2150/.I!:27S5?!6/.5!5!20:?;/715!8/!B?/!5!A57105C/!85!"272C! /02!-78-.6/7.TO/C!25!A5;D21/!25!10TF-A5!8/!805:2.I!2C@;!8/!./0!62..2:/;!6202!72O-5.! ;/0A271/.!/!;-C-120/.G!_?2785I!/;!LsssI!AS/:5?!25!F-;!5!602W5!8/!O-:Q7A-2!85!,021285! ,500-Y5.="201/0I!5.!(.1285.!i7-85.!D?.A202;!;/-5.!8/!Y?.1-F-A20!;2-.!-7A-.-O2;/71/!2! 6/0;27Q7A-2!8/!.?2.!F5032.!;-C-120/.!75!9272;TG!(;D502!S2Y2!265-5!8/!?;2!620A/C2!82! 656?C2345!6272;/7S2I!/.6/A-2C;/71/!2.!/C-1/.!-71/0/..282.!/;!/.12D/C/A/0!C235.!A5;!5.! Nt (.1285.!i7-85.I!2!;2-50-2!85.!6272;/7S5.!8/.8/!;?-15!./!56?7S2!8/A-8-82;/71/!Z! A571-7?-828/!82!A/..45!8/!./?!1/00-1<0-5!25.!(.1285.!i7-85.G! +!60/.-8/71/!85!9272;TI!(07/.15!9@0/W!`2CC2820/.!lLssN=LsssmI!/;!0/.65.12!Z.! -71/73k/.!/.128?7-8/7./.!8/!;271/0!.?2.!-7.12C23k/.!75!62X.I!8/AC205?E H<.I!6272;/7S5.I!745!O/;5.!7/7S?;2!02W45I!8/!?;!65715!8/! O-.12!;-C-120I!6202!2!/P-.1Q7A-2!8/!D2./.!75!9272;TI!6/C5!;/75.! 745!A5;!2.!Y?.1-F-A21-O2.!?.282.!75!62..285G!)/!ST!2C:?;!5?105! ;51-O5 ! 6202 ! ?;2 ! 60/./732 ! ;-C-120 ! 85. ! (.1285. ! i7-85. ! 75! 9272;TI!8/!6/B?/75!5?!;@8-5!6501/I!5.!(.1285.!i7-85.!1/0-2;! B?/ ! /.AC20/A/0 ! B?/ ! ;51-O5. ! .45 ! /../. ! / ! /7145 ! 605650 ! 25.! 6272;/7S5.G n(@O>;E;WcC*B@*%EN@ADC*3XE@G*M;>>;B;E@A*;C*0&1*.2/ ! 31&-4$-,)!5/(&16-).&/!#*17.$*I*@<*Lm*B@*<;=C*B@*LbbhLfo 9202!5.!6272;/7S5.I!/710/12715I!2.!C/;D02732.!85.!6051/.15.!A57102!2!60/./732! C-;-121-O2!85.!(.1285.!i7-85.!/;!?;2!W572!B?/!8-O-8-?!5!62X.!650!B?2./!?;!.@A?C5I!82! 0/C2345!8/!8/6/78Q7A-2!/.12D/C/A-82!F0/71/!25.!(.1285.!i7-85.I!D/;!A5;5!2!O57128/!8/! 0/A?6/020 ! .?2 ! -8/71-828/ ! 72A-572C ! F/W ! A5; ! B?/ ! 2. ! -7O/.1-82. ! 85. ! (.1285. ! i7-85.! F02A2..2../;G (;!Lstt!F5-!2..-7285!5!,021285!,500-Y5.="201/0!lO/0!#7/P5!%%mI!B?/!/7105?!/;! O-:50!/;!LstsI!/!B?/!2../:?02O2!B?/!/;!1585!5!1/00-1<0-5!85!9272;T!./!S2.1/20-2!2! D278/-02!85!62X.I!o-7AC?.-O/!72.!T0/2.!A?Y5!?.5!2!a/6nDC-A2!85!9272;T!6k/!Z!8-.65.-345! 85.!(.1285.!i7-85.!82!#;@0-A2!‹GGGŒI!12C!D278/-02!‹85!9272;TŒ!5A?620T!./;60/!65.-345! 8/ ! S5702pG!+ !,021285 !/.12D/C/A-2 !2-782 !B?/!2!D278/-02 !85. !(.1285. !i7-85. !658/0-2! o12;D@;!./0!S2.1/282!/;!2C:?;2.!5A2.-k/.pI!8/.8/!B?/!2;D5.!5.!62X./.!A57A5082../;G! +!85A?;/715!12;D@;!8/1/0;-72O2!B?/I!8?0271/!5!6/0X585!8/!1027.-345I!/710/!Lsts!/! LsssI!5!A57105C/!.5D0/!2!~572!85!"272C!./0-2!/P/0A-85!A57Y?712;/71/!6/C5.!85-.!62X./.G! +!,500-Y5.="201/0!6/0;-1-2!B?/!2.!C/-.!A-O-.!/!6/72-.!85.!(.1285.!i7-85.!A571-7?2../;! ./785 ! 26C-A282. ! /; ! 2C:?;2. ! 82. ! T0/2. ! / ! -7.12C23k/. ! 65.12. ! Z ! .?2 ! 8-.65.-345 ! 6/C5! 9272;TI!;2.!8/C-;-12O2E #!a/6nDC-A2!85!9272;T!6/0;-1/!25.!(.1285.!i7-85.!5!8-0/-15! 60-;T0-5 ! 8/ ! /P/0A/0 ! Y?0-.8-345 ! 6/72C ! .5D0/ ! A-82845. ! 85.! (.1285. ! i7-85. ! /;60/:285. ! 6/C2 ! "5;-..45 ! 85 ! "272C ! 85! 9272;T ! / ! ./?. ! 8/6/78/71/.I ! / ! .5D0/ ! ;/;D05. ! 82. ! U5032.! #0;282. !85.!(.1285.!i7-85.!/!./?!A5;657/71/ !A-O-C!/!./?.! 8/6/78/71/.!650!B?2CB?/0!8/C-15!A5;/1-85!8?0271/!5!6/0X585!8/! 1027.-345I!8/7105!8/!12-.!T0/2.!/!-7.12C23k/.!‹GGGŒ!#!a/6nDC-A2!85! LM !*-.657XO/C!/;!‡S116Euu68FG?.2-8G:5Ou68F‚85A.u9"###NtqG68Fˆ Ng 9272;T ! 1/0T ! 5 ! 8-0/-15 ! 60-;T0-5 ! 8/ ! /P/0A/0 ! Y?0-.8-345 ! .5D0/! 1585. ! 5. ! 8/;2-. ! 8/C-15. ! A5;/1-85. ! 650 ! 12-. ! 6/..52.I ! /PA/15! B?2785!./!8-.657S2!5!A5710T0-5!7/.1/!1021285!/!2A5085.!2F-7.G l.E;D;BC*.CEE=uCA60;ED@E[*l;AY=NTDCNI*`*B@*A@D@<HEC*B@* Lb``m "5;!2!2..-721?02!85!75O5!1021285I!F5-!F50;282!2!"5;-..45!85!"272C!85!9272;T! l""9mI!B?/!28;-7-.1020-2!2.!21-O-828/.!85!"272C!21@!.?2!1027.F/0Q7A-2!A5;6C/12!6202!2! a/6nDC-A2!85!9272;TG!#!"5;-..45!12;D@;!/02!0/.657.TO/C!6/C5!0//;D5C.5I!25!:5O/075! 6272;/7S5I!85.!:2.15.!A5;!./0O-35. !6nDC-A5.!A5;5 !;27?1/7345 !/!C-;6/W2 !8/!0?2.I! 65C-A-2;/715I!A57105C/!8/!10\7.-15!/!6051/345!A57102!-7AQ78-5G!950!/.1/.!./0O-35.I!2!""9! 62:20-2!25!9272;T!2!.5;2!8/!i€!LK!;-CSk/.I!2!./0/;!0/O-.15.!2!A282!10Q.!275.I!6202!5! A2.5!8/!0/2Y?.1/!650!-7FC2345G!,2;D@;!./!F-P2O2!5!62:2;/715!8/!?;2!27?-828/!8/!i€! LK!;-CSk/.!6/C5!F?7A-572;/715!85!"272CI!2C@;!8/!?;2!.5;2!8/!21@!i€!LK!;-CSk/.!75! A2.5!8/!5.!C?A05.!6/C5!?.5!82!62..2:/;!?C10262..20/;!2!60/O-.45G!U-A2O2!8/1/0;-7282! 2-782!2!6201-A-62345!A0/.A/71/!8/!A-82845.!6272;/7S5.!75.!2C15.!7XO/-.!82!8-0/345!82! "5;-..45I!/;!.?D.1-1?-345!25.!605F-..-572-.!/.128?7-8/7./.I!:20271-785!B?/I!25!F-;!85! ,021285I ! A5; ! 2 ! .2X82 ! 85. ! (.1285. ! i7-85.I ! S5?O/../ ! 75 ! 9272;T ! 6/..52C ! A262W ! 8/! o2..?;-0I ! 8/ ! ;27/-02 ! 508/7282 ! / ! /F-A-/71/I ! 2 ! 6C/72 ! 0/.657.2D-C-828/ ! 6/C2 ! 8-0/345I! F?7A-572;/715!/!;27?1/7345!85!"272CpG 950!F-;I!5!,021285!,500-Y5.="201/0!/.12D/C/A/?!8212!C-;-1/!6202!2!6/0;27Q7A-2! 85.!(.1285.!i7-85.!/;!.5C5!6272;/7S5E!ML!8/!8/W/;D05!8/!LsssG!#!0/1-0282!A5;/35?! /;!LssN!/I!25!F-;!85!602W5I!F5-!8/.;271/C285 !5!A5;6C/P5 !;-C-120 !A57.10?X85!6/C5.! (.1285.!i7-85.!72!~572!85!"272CG!*/?=./!2!0/1-0282!8/!;2-.!8/!LK!;-C!;-C-120/.!/!2! 8/.21-O2345!8/!-7.12C23k/.!A5;5!5.!F501/.!"C2]157I!^5DD/!/!)S/0;27I!5!_?200]!b/-:S1.I! 2!`2./!#@0/2!b5c208I!2!(.12345!#@0/2!#CD055r!/!2!(.12345!H2O2C!a58;27!l*5*I! LssKmG! #!(.A5C2!82.!#;@0-A2.I!2102O@.!82!B?2C!5.!(.1285.!i7-85.!-7.-.1-2;!/;!5F/0/A/0! A262A-12345 ! 25. ! A-O-. ! / ! ;-C-120/. ! C21-75=2;/0-A275. ! /; ! ;21@0-2. ! 8/ ! ./:?02732I ! F5-! 1027.F/0-82 !6202!5!U501/!`/77-7:I!72!>/<0:-2R!2!./8/!85!"5;2785 !)?C!85.!(.1285.! i7-85. ! li))5?1S"5;m ! ./ ! -7.12C5? ! /; ! $-2;-I ! UC<0-82R ! 5 ! (P@0A-15 ! )?C ! 85. ! (.1285.! i7-85.I !5!"5;2785 !)?C !8/!+6/023k/. !(.6/A-2-. !/ !?;2 !?7-828/ !82!U5032!#@0/2 !./! /.12D/C/A/02;!/;!95015!a-A5G!+!I0-58&A58'"$4'5.@&;$:J&F0".'!ld%#,Um!)?C!/!&/.1/!./! F?78-02;!/!F502;!8/.C5A285.!6202!^/]!e/.1I!UC<0-82G "5;!5.!21/71285.!1/0050-.12.!8/!LL!8/!./1/;D05!8/!JKKL!F5-!65..XO/C!F50Y20!75O2.! Y?.1-F-A21-O2. ! 6202 ! 2 ! 8/.1-72345 ! 5032;/71T0-2 ! 85 ! "5;2785 ! )?C ! h ! B?2-. ! F5../;I ! 5! Ns A5;D21/!25!720A510TF-A5!/!5!A57105C/!85.!:5O/075.!8/!/.B?/082!82!0/:-45I!1021285.!A5;5! 2;/232.!1/0050-.12.G! (P=AS/F/!85!i))5?1S"5;I!5!:/7/02C!$2Pc/CC!,S?0;27!8/AC205?!B?/!o2!:?/002! C21-75=2;/0-A272!A57102!2.!805:2.!@!2!n7-A2!:?/002!B?/!1/;5.I!@!2!„75O2!:?/002!745= A57O/7A-572C…I!„2!:?/002!8/!1/0A/-02!:/02345…pG!,2C!6/7.2;/715!2F/15?!026-82;/71/!5! A57Y?715!8/!F5032.!;-C-120/.!.?C=2;/0-A272.I!65.15!B?/!26/72.!/C2.!1-7S2;!5.!o.-.1/;2.! /C/10[7-A5. !.5F-.1-A285.I !5! /B?-62;/715 ! /! 2!B?2C-828/ !8/ !2?150-828/ !/! A57105C/ !6202! /P/0A/0!2.!23k/.!271-720A<1-A5.p!B?/!./!8/./7O5CO/;!25!C57:5!/!2102O@.!85!"272C!85! 9272;T!la(ƒ()I!Lsstm!/!B?/!1-7S2;!02;-F-A23k/.!A571-7/712-.G!)/:?785!0/C21<0-5!82! "%#I!5.!(.1285.!i7-85.!.45! 5 ! ;2-50 ! A57.?;-850 ! ;?78-2C ! 8/ ! A5A2X72 ! l50-:-7T0-2 ! 82! "5C[;D-2I!2102O@.!85!$@P-A5!/!85!"20-D/mI!S/05X72!A5C5;D-272! / ! ;2A57S2 ! / ! S/05X72 ! ;/P-A272.R ! 5 ! ;2-50 ! A57.?;-850 ! 8/! /A.12.]!/!;/12=27F/12;-72 !;/P-A272R!A57.?;-850 !;-750-1T0-5! 8/!S/05X72!8/!2C12!B?2C-828/!O-782!85!.?8/.1/!2.-T1-A5R!6058?150! -CXA-15 ! 8/ ! A2772D-.I ! ;2A57S2I ! -7-D-850/.I ! /.1-;?C271/.I! 2C?A-7<:/75.!/!;/12=27F/12;-72GLN l0#)[*8%*!9&1'4!0-$):&&;<!5''.$.)!41=2,m +!10TF-A5!8/!805:2.!2102O@.!85!9272;T!S2O-2!2..?;-85!:0278/.!6056503k/.!/!./! A57.1-1?X2!7?;!-7/B?XO5A5!605DC/;2!6202!2.!2?150-828/.!8/!1585.!5.!62X./.!/7O5CO-85.G! +!"272C!@!?;2!82.!0512.!;2-.!?.282.!6202!1027.650120!805:2.!-C/:2-.!82!#;@0-A2!85!)?C! 6202!5!;/0A285!/.128?7-8/7./!liG)G!*(9#a,$(H,!+U!di),%"(I!JKKLmGLf! #1?2C;/71/I!2!A556/02345!/710/!9272;T!/!(.1285.!i7-85.!6202!5!A5;D21/!25! 10TF-A5 ! 8/ ! 805:2. ! 2102O@. ! 85 ! "272C ! ./ ! ;271@;I ! A5;D21/785 ! -;650123k/. ! F/-12. ! 650! 50:27-W23k/. ! A5C5;D-272.I ! A5; ! 8/.12B?/ ! 6202 ! 2. ! U#a"I ! / ! ;/P-A272.I ! /; ! F027A5! A0/.A-;/715G ! LN !‡S116.EuucccGA-2G:5OuC-D020]u6?DC-A21-57.u1S/=c50C8=F2A1D55ruF-/C8.uJKgqGS1;Cˆ !‡S116EuucccGr75c]5?0A5?710]GA5;u6272;2LLLLGS1;CˆR! Lf fK 0;adDS>C*### )A*M;A@A*N;*7S@EE;*+E=; "5;!2!F-72C-828/!8/!820!.?6501/!2!./?.!2O-k/.!/!72O-5.!8/!:?/002I!8/F/78/0!./?.! A-82845.!/!-71/0/../.!/;!.-1?23k/.!8/!0-.A5I!6051/:/0!0/A?0.5.!721?02-.!85!-71/0/../!8/! e2.S-7:157!h!/;!/.6/A-2C!5!6/10<C/5!hI!O-:-20!./?.!-7-;-:5.I!10/-720!./?.!;-C-120/.!/;! 1/00/75.!75.!B?2-.!/C/.!65..2;!O-0!2!/7F0/7120!A57FC-15.I!A?C1-O20!0/C23k/.!A5;!:5O/075.! /.1027:/-05.I!:20271-0!./?!60/.1X:-5!A5;5!651Q7A-2!/!A57105C20!28;-7-.1023k/.!B?/!F?Y2;! 25!./?!A57105C/!/!2;/2A/;!./?.!-71/0/../.!72A-572-.LqI!5.!(.1285.!i7-85.!/.62CS202;! /;!0/850!85!;?785!B?2./!LKKK!D2./.!;-C-120/.!8/.8/!2!>?/002!U0-2I!B?2785!2!60-7A-62C! 2;/232 ! 25. ! -71/0/../. ! 72A-572-. ! /.128?7-8/7./. ! /02 ! 0/60/./71282 ! 6/C5 ! "5;?7-.;5I! 26571285!A5;5!?;!0-.A5!25.!O2C50/.!;2-.!A205.!82!.5A-/828/!5A-8/712CG!U5-!5!A5;D21/!2! /.1/!-7-;-:5!B?/!Y?.1-F-A5?!2!;?C1-6C-A2345!8/!.?2.!D2./.!;-C-120/.!/;!0/850!85!;?785G # ! 605F?.45 ! 8/ ! -7.12C23k/. ! :20271-2 ! B?/ ! .?2. ! F5032. ! ;-C-120/. ! 0/.6578/../;! 026-82;/71/ ! 2 ! 2;/232. ! / ! A57FC-15. ! B?/ ! 658/0-2; ! ./ ! /.62CS20 ! 650 ! 62X./. ! O-W-7S5. ! /! A5712;-7T=C5.!A5;!5!o/.6X0-15!A5;?7-.12p!l`a(ƒ$#HI!JKLLR!),+^()I!JKKfmG!9202! 2F2.120 ! /.1/ ! 0-.A5I ! 5. ! (.1285. ! i7-85. ! -7.12C202; ! D2./. ! /; ! 26/72. ! B?2105 ! 62X./. ! 82! #;@0-A2!&21-72I!0/:-45!B?/!A57.-8/02O2;!h!/!2-782!10212;!A5;5!12C!h!/.6235!721?02C!8/! .?2!-7FC?Q7A-2!/!-71/0/../G!`/0;?82I!"?D2I!9272;T!/!95015!a-A5!2D0-:202;!2.!D2./.!8/! 578/!6201-2;!2.!F5032.!/.128?7-8/7./.!/;!21?2345!72!T0/2G!+!A57105C/!.5D0/!2!#;@0-A2! &21-72I!/710/12715I!745!/02!:20271-85!26/72.!650!/.12.!-7.12C23k/.G!#.!8-128?02.!;-C-120/.! B?/!./!8-../;-7202;!6/C2!0/:-45I!2C-7S282.!A5;!5.!-71/0/../.!8/!e2.S-7:157I!:20271-2;! ./? ! A57105C/ ! .5D0/ ! 2 ! 65CX1-A2 ! / ! 5. ! 0?;5. ! C21-75=2;/0-A275.G ! H2 ! C?12 ! A57102 ! 5! "5;?7-.;5I!B?2-.B?/0!2C-2732.!/02;!Y?.1-F-ATO/-.G! (;!./?!8-.A?0.5!8/!65../I!/;!LsqLI!5!60/.-8/71/!d5S7!UG!^/77/8]!8/AC205?!B?/! ./? ! 62X. ! 8/O/0-2 ! o62:20 ! B?2CB?/0 ! 60/35I ! .?650120 ! B?2CB?/0 ! F2085I ! /7F0/7120 ! B?2CB?/0! Lq ! */!2A5085!A5;!2!(.1021@:-2!8/!)/:?02732!H2A-572C!85.!(.1285.!i7-85.!h!JKLLI!./?.!-71/0/../.! 72A-572-.!.45E!2m!2!./:?02732!85.!A-82845.!/.128?7-8/7./.!/!8/!./?.!2C-285.R!Dm!5!A0/.A-;/715!82! /A575;-2!85.!(.1285.!i7-85.R!Am!2!8/F/.2!8/!oO2C50/.!?7-O/0.2-.p!A5;5!2!*/;5A02A-2!/!5.!*-0/-15.! b?;275.I!/!5!F5012C/A-;/715!85!o/P/;6C5!/.128?7-8/7./p!6202!5!;?785R!/!8m!5!/.12D/C/A-;/715!/! ;27?1/7345 ! 8/ ! ?;2 ! 508/; ! -71/072A-572C ! C-8/0282 ! 6/C5. ! (.1285. ! i7-85.I ! B?/ ! 605;5O2 ! o2 ! 62WI! ./:?02732!/!56501?7-828/pG fL 8-F-A?C828/I ! 265-20 ! B?2CB?/0 ! 2;-:5I ! 5650 ! B?2CB?/0 ! -7-;-:5I ! 2 ! F-; ! 8/ ! :20271-0 ! 2! .5D0/O-OQ7A-2 ! / ! 5 ! .?A/..5 ! 82 ! C-D/0828/p ! l^(HH(*ƒI ! LsqLmI ! Z ! B?2C ! ./ ! 56?7S2 ! 5! "5;?7-.;5G ! #A/0A2 ! 85! A5;65012;/715 ! 85. ! (.1285. ! i7-85. ! 8-271/ ! 8/.12 ! o2;/232pI! )15r/.!lJKKfmI!5D./0O2E )/!O5AQ!F5../!?;!8@.6512!„271-A5;?7-.12…!72!#;@0-A2!&21-72I! wF0-A2 ! 5? ! w.-2 ! 658/0-2 ! A57F-20 ! 75 ! 265-5 ! /A57[;-A5 ! /! /.12D-C-W271/ ! 85. ! (.1285. ! i7-85.G ! '5AQ ! /02 ! 2?15;21-A2;/71/! A57.-8/0285!60<=2;/0-A275G!‹GGGŒ!958/0-2!A5;/1/0!2..2..-7215.I! 1501?020I! F2W/0! 8/.2620/A/0! /! 60/78/0! ./?. !„5657/71/.…I !8/.8/! B?/!5.!AS2;2../!„A5;?7-.12.…G l(CST*'DCp@A[*)<@E=O;tA*>)%*1!9-1<!8*11&1.?./2!@&'&6:.-I* JKKjm! H5!.@A?C5!jjI!/710/!LsKg!/!LsgsI!JK!62X./.!82!#;@0-A2!&21-72!F502;!15;285.! 650!8-128?02.!;-C-120/.G!(;!6/C5!;/75.!LJ!A2.5.!@!65..XO/C!2657120!C-:23k/.!/710/!5.! :5C6-.12.!/!5!:5O/075!85.!(.1285.!i7-85.G!)45!A2.5.!A5;5!5!82!#0:/71-72!/!85!"S-C/LtG! H5!A2.5!20:/71-75I!578/!2!8-128?02!O-:505?!/710/!Lstq!/!LsgMI!2!C-D/02345!8/! 85A?;/715.!85!#0B?-O5!8/!)/:?02732!H2A-572C!85.!(.1285.!i7-85.I!/;!JKKqI!6/0;-1-?! 21/.120 !2!21?2345!8/!e2.S-7:157!72!-7.12C2345!82!8-128?02G!H5.!20B?-O5.I!@!65..XO/C! 6/0A/D/0!B?/!745!26/72.!5.!(.1285.!i7-85.!/.12O2;!A-/71/.!82.!2105A-828/.!A5;/1-82.! 6/C5 ! 0/:-;/ !20:/71-75 !A5;5 !12;D@; !2. !265-2O2;I !2!F-;!8/!:20271-0!2!6/0;27Q7A-2! 72B?/C/!62X.!8/!?;!:5O/075!2C-7S285!A5;!./?.!-71/0/../.G (;!Lq!8/!F/O/0/-05!8/!LstqI!?;2!A500/.6578Q7A-2!82!(;D2-P282!85.!(.1285.! i7-85. ! /; ! `?/75. ! #-0/. ! 6202 ! 5 ! )/A0/1T0-5 ! 8/ ! (.1285 ! 2F-0;2 ! B?/ ! 5. ! ;-C-120/. ! 82! #0:/71-72!6C27/Y2O2;!/.12D/C/A/0!?;!:5O/075!;-C-120!/!B?/0-2;!/O-120!605DC/;2.!A5;! 5.!(.1285.!i7-85.!/!?;2!65..XO/C!2A?.2345!650!O-5C2345!85.!*-0/-15.!b?;275.I!A5;5! 5A500-2 ! A5; ! 5 ! "S-C/I ! .5D ! 2 ! 8-128?02 ! 9-75AS/1I ! ZB?/C/ ! ;5;/715G ! +. ! 20:/71-75.! 2F-0;2O2;!B?/!C/O20-2;!28-271/!o?;2!:?/002!8/!F215!A57102!5.!1/0050-.12.!/!2C:?;2.! /P/A?3k/.!605O2O/C;/71/!./0-2;!7/A/..T0-2.pG!+!0/C215!85!/;D2-P2850!a5D/01!"S20C/.! b-CC!A5;6C/;/712I!o(C/.!B?/0/;!;-7-;-W20!B?2CB?/0!605DC/;2!A5;!5.!(.1285.!i7-85.p! l*(9#a,$(H,!+U!),#,(I!LstqmG!#C:?7.!8-2.!;2-.!1208/I!/;!0/?7-45!85!./A0/1T0-5! 8/ ! (.1285I ! b/70] ! ^-..-7:/0I ! / ! .?2 ! /B?-6/I ! 5 ! )/A0/1T0-5 ! #..-.1/71/ ! 6202 ! 2 ! #;@0-A2! Lt !#!0/A/71/!C-D/02345!8/!85A?;/715.!271/.!./A0/15.!85.!:5O/075.!85.!(.1285.!i7-85.!/!8/.1/.!85-.!62X./.! h!"S-C/!/!#0:/71-72!h!6/0;-1/!?;2!;/CS50!2D5082:/; !82!6201-A-62345!/.128?7-8/7./!75.!85-.!A2.5.G! (;D502!./Y2;!6/C5!;/75.!LJ!2.!8-128?02.!265-282.!650!e2.S-7:157I!5!2A/..5!25.!85A?;/715.!75.!C/O5?! Z!;/7345!;2-.!/.6/AXF-A2!85.!A2.5.!20:/71-75!/!AS-C/75G fJ &21-72I!e-CC-2;!a5:/0.I!265712!5!.?A/..5!85!:5C6/!72!#0:/71-72!h!5A500-85!85-.!8-2.! 271/.!8/.12!0/?7-45I!/;!JN!8/!;2035!8/!Lstq!h!/!2!-71/7345!8/!265-20!2!d?712E >R&)04'":S! H2!#0:/71-72I!2!d?712!1/O/!D2.1271/!.?A/..5I!7<.! /.12;5. ! 1/712785 ! 271/A-620 ! 65..-D-C-828/. ! .5D0/ ! 5 ! B?/ ! -0T! 2A571/A/0G ! ‹GGGŒ ! (? ! 6/7.5 ! B?/ ! 7<. ! O2;5. ! F2W/0 ! ?; ! /.F5035! A57.-8/0TO/C!6202!/7O5CO/0!5.!(.1285.!i7-85.I!6201-A?C20;/71/! 75!A2;65!F-727A/-05G!#AS5!B?/!O2;5.!F2W/0!?;!D5;!2A5085G BR&[-::-54'"S!)-;I!;2.!-.15!8/!2A5085!A5;!75..5.!-71/0/../.G n.E;NAOE=WcC*B@*E@SN=cC*@NDE@*C*'@OE@DVE=C*B@*%AD;BC*2@NE\* ]=AA=NT@E*@*AS;*@qS=a@I*@<*Jm*B@*<;EWC*B@*Lb`mo H2!;/.;2!A57O/0.2I!^-..-7:/0!/!.?2!/B?-6/!8/;57.102;!B?/I!26/.20!82!-71/7345! 8/ ! 2Y?820 ! 2 ! d?712I ! 5. ! (.1285. ! i7-85. ! 745 ! 60/1/78-2; ! ./ ! 2..5A-20 ! 6?DC-A2;/71/I ! 8/! ;27/-02!AC202I!A5;!2!.27:0/712!8-128?02!20:/71-72E >R & )04'":S! ‹GGGŒ !(? ! 2AS5 ! B?/ !7<. ! 8/O/;5. !/.6/020 !B?/ ! S2Y2! D2.1271/ ! 0/60/..45I ! / ! 605O2O/C;/71/ ! D2.1271/ ! .27:?/I ! 72! #0:/71-72I!C5:5!C5:5G!(?!2AS5!B?/!/C/.!1/045!B?/!/78?0/A/0!745! 26/72.!A5;!5.!1/0050-.12.I!;2.!12;D@;!A5;!5.!8-..-8/71/.!8/! .-78-A215.!/!./?.!6201-85.G!‹GGGŒ!(?!2AS5!B?/!5!F215!@!B?/!7<.!745! 8/O/;5.I ! 7/.1/ ! ;5;/715I ! 75. ! 260/..20 ! /; ! 2D02320 ! 5 ! 75O5! 0/:-;/!‹GGGŒG BR&[-::-54'"S!$2.!12;D@;!745!8/O/;5.!F2W/0!5!A5710T0-5G >R&)04'":S!H45I!AC205!B?/!745G n#(%-I*Lb`mo H5!8-2!Js!8/!;2035!8/!LstqI!A-7A5!8-2.!26<.!5!:5C6/I!75O2!A500/.6578Q7A-2! /710/ ! 2! (;D2-P282 ! 85. ! (.1285. ! i7-85. ! /; ! `?/75. ! #-0/. ! /! 5 ! )/A0/1T0-5 ! 8/ ! (.1285! 260/./715?!2!56-7-45!5F-A-2C!85.!(.1285.!i7-85.!.5D0/!5!:5C6/E %AD@ * RC= * aEC?;?@><@ND@ * C * <;=A * H@< * @P@OSD;BC * @ * <;=A* O=?=>=G;BC * TC>a@ * N; * Y=ADFE=; * B; * )ET@ND=N;[! U5- ! n7-A5 ! /;! 5?105.!65715.!12;D@;G!+.!(.1285.!i7-85.!745!F502;!2A?.285.! 8/!/.120!650!10T.!8/C/I!/PA/15!6/C5!„H?/.102!62C2D02…I!5!<0:45!85! 9"#!‹9201-85!"5;?7-.12!82!#0:/71-72ŒG!#!(;D2-P282!/.6/02! ;271/0!2!.-1?2345!A5;5!/.1TG!"C202;/71/I!7<.!745!8/O/0X2;5.! F-A20! /P10/;2;/71/ !0/C2A-57285. !Z! d?712G! %.15! 745! ./0-2 !D5;! 6202 ! /C/. ! 7/; ! 6202 ! 7<.G ! "571?85I !CA * <@>YCE@A * =ND@E@AA@A* ;ET@ND=NCAI *@ * CA *NCAACAI * E@aCSA;<* NC *ASO@AAC *BC * TC?@ENC* <CB@E;BC * >=B@E;BC * ;TCE; * a@>C * T@N@E;> * $=B@>;[! (C/ ! 1/; ! 2! AS27A/ ! 8/ ! A5C5A20 ! 2 ! #0:/71-72 ! 75O2;/71/ ! 72 ! C-7S2I ! 62020 ! 5! 1/0050-.;5!/!/7A2;-7S20!2!/A575;-2G!#C@;!8-..5I!A@S*TC?@ENC* aEC<@D@S *E@AC>?@E *E;a=B;<@ND@ *CA* B=?@EACA *aECH>@<;A *B@* NCAACA * =N?@AD=<@NDCA * nABB&/C ! @%-,* ! D-/%-))-/C ! #)-/4-14! A'*$)1.$I*@DO[o!/!;/CS5020!2!21;5.F/02!:/02C!6202!-7O/.1-;/715.! /.1027:/-05.G!+!F02A2..5!85!:5O/075!8/!'-8/C2!658/0-2I!650!?;! fM C285I!2D0-0!2.!65012.!Z!C-7S2!8?02I!B?/!‹GGGŒ!./785!;2-.!-7AC-7285.! 25!72A-572C-.;5!85!B?/!5.!;58/0285.I!745!1/0-2;!?;2!21-1?8/! 145!F2O50TO/C!25.!(.1285.!i7-85.!/!75..5.!-7O/.1-;/715.G!950! 5?105 ! C285I ! 5 ! F02A2..5 ! 8/ ! '-8/C2 ! 12;D@; ! 658/0-2 ! :/020! A578-3k/.!.5D!2.!B?2-.!2!/P10/;2!/.B?/082!658/!1/7120!:27S20!5! 658/0I!5!B?/!O2-!AC202;/71/!A57102!1585.!5.!75..5.!-71/0/../.G! n.@>@TE;<;*B;*%<H;=P;B;*BCA*%AD;BCA*!N=BCA*@<*MS@NCA* )=E@A*;C*'@OE@DVE=C*B@*%AD;BC*2@NE\*]=AA=NT@E*ACHE@*C* ASO@AAC*BC*TC>a@*<=>=D;E*N;*)ET@ND=N;[*Jb*B@*<;EWC*B@*Lb`m[* >0-F5!75..5Go */!2A5085!A5;!5!905Y/15!*/.2620/A-85.LgI!A/0A2!8/!MK!;-C!6/..52.!o.?;-02;p! 8?0271/!2!8-128?02!20:/71-72G!"5;5!;5.102;!5.!85A?;/715.I!A-/71/.!82.!2105A-828/.! A5;/1-82. ! 6/C5 ! 0/:-;/I ! 5. ! (.1285. ! i7-85. ! .-C/7A-202;I ! 25 ! A57.-8/020 ! B?/ ! 2 ! d?712! 5F/0/A-2!;/75.!0-.A5.!2!./?.!-7O/.1-;/715.!/!-71/0/../.!72!0/:-45!85!B?/!?;!65..XO/C! :5O/075 ! A-O-C ! B?/ ! C/O2../ ! /; ! A5712 ! 5. ! -71/0/../. ! 72A-572-. ! 20:/71-75. ! 271/. ! 85.! 7/:<A-5.!/.128?7-8/7./.G H5!"S-C/I!2!8-128?02!:5O/075?!8/!LstM!2!LssKG!(;!LL!8/!./1/;D05!8/!LstMI!5! 60/.-8/71/ ! /C/-15I ! )2CO2850 ! #CC/78/I ! F5- ! 8/65.15 ! /; ! ?; ! :5C6/ ! ;-C-120 ! B?/ ! 8/-P5?! 8/W/72. ! 8/ ! ;-CS20/. ! 8/ ! 8/.2620/A-85. ! 75 ! 62X.G ! *5A?;/715. ! C-D/0285. ! 6/C5! */62012;/715!8/!(.1285!85.!(.1285.!i7-85.!;5.102;!B?/!./?!:5O/075!/.12O2!A-/71/! 85. ! A0-;/. ! A5;/1-85. ! 6/C5 ! 0/:-;/ ! 8/ ! 9-75AS/1I ! ;2. ! A57.-8/02O2 ! B?/ ! /.1/ ! :5O/075I! ./785!271-A5;?7-.12I!/02!;/CS50!85!B?/!2B?/C/!8/;5A021-A2;/71/!/C/-15!8/!#CC/78/I!?;! ;20P-.12!8/AC20285G i; ! ;/;502785 ! 8/ ! b/70] ! ^-..-7:/0 ! 6202 ! 5 ! 60/.-8/71/ ! a-AS208 ! H-P57I ! /;! 75O/;D05 ! 8/ ! LstKI ! 2C/012 ! 5 ! 60/.-8/71/ ! 85. ! (.1285. ! i7-85. ! 8/ ! B?/ ! o# ! /C/-345 ! 8/! #CC/78/ ! A5;5 ! 60/.-8/71/ ! 85 ! "S-C/ ! 75. ! 260/./712 ! ?; ! 85. ! ;2-. ! .@0-5. ! 8/.2F-5. ! YT! /7F0/71285. ! 7/.1/ ! S/;-.F@0-5pG ! 90/5A?6285 ! A5; ! 5. ! -7O/.1-;/715. ! /.128?7-8/7./. ! h! /.1-;285.!/;!i€L!D-CS45I!2C@;!85!745=62:2;/715!8/!i€!LIf!D-CS45!/;!8@D-15!A5;!5! :5O/075!/!D27A5.!60-O285.!85.!(.1285.!i7-85.!hI!^-..-7:/0!2F-0;2!B?/I!A2.5!/C/-15I! #CC/78/ ! 1/7120T ! /.12D/C/A/0 ! ?; ! (.1285 ! ;20P-.12R ! /C-;-720 ! 2 ! -7FC?Q7A-2 ! 85. ! (.1285.! i7-85.!75!"S-C/!/!75!S/;-.F@0-5R!/!/.12D/C/A/0!0/C23k/.!A5;!2!i7-45!)5O-@1-A2I!"?D2!/! A5;!5?105.!(.1285.!.5A-2C-.12.G!#CC/78/I!?;!o8/8-A285!;20P-.12I!605F?782;/71/!271-= 2;/0-A275p!A57.1-1?X2!?;2!.@0-2!2;/232!25.!-71/0/../.!/!Z!65.-345!85.!(.1285.!i7-85.! 75!S/;-.F@0-5!l,b(!eb%,(!b+i)(I!LstKmG Lg !+!905Y/15!*/.2620/A-85.!0/n7/!OT0-5.!21-O-.12.!/!50:27-.;5.!8/!8-0/-15.!S?;275.!B?/!D?.A2;!0/.:2120!2! ;/;<0-2 ! 82 ! 8-128?02 ! / ! 102W/0 ! 5. ! 2A?.285. ! Z ! Y?.1-32G ! $2-. ! -7F50;23k/. ! .5D0/ ! 5 ! 905Y/15 ! 658/; ! ./0! /7A5710282.!/;!./?!c/D.-1/!‡S116EuucccG8/.2620/A-85.G50:u;2-7GS1;Cˆ! fN )/:?785 ! 5 ! a/C21<0-5 ! 82 ! "5;-..45 ! H2A-572C ! 82 ! '/0828/ ! / ! a/A57A-C-2345 ! 85! "S-C/!lJKKJmI!2!8-128?02!AS-C/72!8/-P5?!;2-.!8/!MGJKK!;5015.G!*/!2A5085!A5;!5?105.! 0/C215.I ! 75!/712715I !5D1-85. !/710/! 2.!oA2;282. !656?C20/. !/!21-O-.12. !8/!/.B?/082pI!5! 7n;/05 ! 8/ ! ;5015. ! / ! 8/.2620/A-85. ! 85 ! a/:-;/ ! 9-75AS/1 ! ?C10262..2 ! 5. ! JK ! ;-C! l"+$%)%•H ! H#"%+H#& ! )+`a( ! 9a%)%•H ! 9+&{,%"# ! ƒ ! ,+a,ia#I ! JKKNR! b+&,+H ! Ž ! #i),%HI ! JKKtmG ! # ! 8/.6/-15 ! 82 ! O-5CQ7A-2 ! 8/ ! ./? ! a/:-;/I ! #?:?.15! 9-75AS/1I!8/AC20282;/71/!271-A5;?7-.12I!A57./:?-?!2!2B?-/.AQ7A-2!8/!e2.S-7:157G!(;! L‰!8/!5?1?D05!8/!LstMI!/;!0/?7-45!A5;!.?2!/B?-6/I!^-..-7:/0!F5-!-7F50;285!8/!B?/!2! 0/O-.12!6'G:G''J!82B?/C/!8-2!0/65012O2!2!;501/!8/!JGtKK!6/..52.!A2?.282.!6/C5!0/:-;/! 85!"S-C/I!6/C5!B?Q!F5-!0/A5;/78282!A2?1/C2!25!:5O/075!85.!(.1285.!i7-85.!/;!.?2! 2..5A-2345 ! A5; ! 2B?/C/ ! :5O/075G ! ^-..-7:/0 ! A57A5085?I ! ;2. ! 265715? ! B?/ ! 5. ! (.1285.! i7-85.!745!S2O/0-2;!8/!8/F/78/0!7/;!A578/720!5!B?/!/.12O2!2A571/A/785!75!"S-C/G!(! A5;6C/15?I!o/?!6/7.5!B?/!7<.!8/O/;5.!A5;60//78/0!75..2!65CX1-A2!h!B?/!26/.20!82! F50;2!8/.2:028TO/C!A5;5!/C/.!2:/;I!/.1/!:5O/075!@!;/CS50!6202!7<.!85!B?/!#CC/78/! F5-pliG)G!*(9#a,$(H,!+U!),#,(I!LstMmG #!6201-A-62345!85.!(.1285.!i7-85.!72!-7.12C2345!8/!8-128?02.!72!#;@0-A2!85!)?C! 12;D@;!F5-!/P65.12!6/C2!8/.A5D/012!8/!85A?;/715.!B?/!A5;605O2;!./?!A57S/A-;/715/! 6201-A-62345 ! 72 ! +6/02345 ! "57850I ! 82 ! B?2C ! 6201-A-6202; ! #0:/71-72I ! `02.-CI ! `5CXO-2I! "S-C/I!9202:?2-!/!i0?:?2-G!(.1/.!62X./.!A5;6?7S2;!?;2!0/8/!8/!-7F50;23k/.!8/8-A282! 2! A57105C20 !/!/C-;-720 !2!o.?DO/0.45p!/!5!o1/0050-.;5pG !+.!0/60/./71271/. !85.!62X./.! /7O5CO-85. ! ;271-7S2; ! A571215 ! 2102O@. ! 8/ ! ?; ! A/7105 ! 8/ ! A5;?7-A23k/. ! 85. ! (.1285.! i7-85.I!-7.12C285!72!~572!85!"272C!85!9272;TI!B?/!A5D0-2!1582!2!#;@0-A2!&21-72G! o(.12!D2./!8/!A5;?7-A23k/.!/.128?7-8/7./!@!?.282!60-7A-62C;/71/!6202!B?/!5F-A-2-.= /.1?8271/. ! C-:?/; ! 6202 ! .?2. ! A2.2. ! 72 ! #;@0-A2 ! &21-72I ! ;2. ! 12;D@; ! @ ! ?.282 ! 6202! A5508/720 ! -7F50;2345 ! 8/ ! -71/C-:Q7A-2 ! /710/ ! 5. ! 62X./. ! 85 ! "57/ ! )?Cp ! liG)G! *(9#a,$(H,!+U!),#,(I!LstgmG + ! 265-5 ! 2 ! 8-O/0.2. ! 8-128?02. ! C21-75=2;/0-A272. ! 6/0;-1-? ! 25. ! (.1285. ! i7-85.! 2D0-0!;45!82!-7.12C2345!8/!D2./.!;-C-120/.!72!0/:-45I!/O-12785!5.!2C15.!:2.15.!A5;!12-.! 2620/CS5.G ! #5 ! 265-20 ! 0/:-;/. ! A5;5 ! 5 ! 85 ! "S-C/ ! / ! 82 ! #0:/71-72I ! 82 ! >?21/;2C2I! H-A20T:?2I ! 9202:?2-I ! `02.-CI ! 8/710/ ! 5?105.I ! B?/ ! ./ ! 2C-7S2O2; ! A5; ! ./?. ! -71/0/../. ! /! 2C-2O2;=./!Z!.?2!C?12!A57102!5!"5;?7-.;5I!5.!(.1285.!i7-85.!;271-7S2;!.?2!65.-345! 8/! C-8/02732 !75!b/;-.F@0-5I !:20271-2;!5!.?A/..5!8/!./?. !7/:<A-5. !/!8/F/78-2; !./?! A57105C/!65CX1-A5!/!/A57[;-A5!.5D0/!2!0/:-45G! ff "5;!5!.?6501/!82.!8-128?02.I!2!-7.12C2345 !8/!D2./.!6[8/!F-A20!A57A/710282!2! 26/72.!B?2105!62X./.E!75!9272;TI!A5;5!8/.A0-15!75.!A26X1?C5.!271/0-50/.I!5!"5;6C/P5! $-C-120!85!"272C!A/7102C-W2O2!2.!56/023k/.!;-C-120/.!/.128?7-8/7./.!2102O@.!8/!1582!2! #;@0-A2!&21-72G 95015!a-A5!2D0-:5?!2!`2./!H2O2C!a55./O/C1!a528.!lU515!Nm!/!?;2!-7.12C2345!82! U5032!#@0/2G!"57.10?X82!/;!LsNMI!2!„a55./O/C1…!8/O/0-2!150720=./!5!65715!A/7102C!85! )-.1/;2!8/!*/F/.2!85!"20-D/I!oA5;!?;2!D/;!6051/:-82!27A502:/;I!?;2!:0278/!/.12345! 2@0/2!/!?;!A5;6C/P5!-78?.10-2C!A262W!8/!820!265-5!2!qK•!82!U0512!85!#1C\71-A5!/;! 1/;65. ! 8/ !:?/002p ! l>&+`#& ! )("ia%,ƒI !JKKsmG !(; ! LsNNI! /710/12715I ! 5. !(.1285.! i7-85.!6202C-.202; !2!A57.10?345!82!`2./I!25!6/0A/D/0!B?/!5!F5A5!82!>?/002!/.12O2! /.6/A-2C;/71/!72!(?0562!/!75!92AXF-A5I!/!1027.F50;202;=72!/;!?;!:0278/!/.A0-1<0-5!8/! ./0O-35. ! 6nDC-A5. ! A5; ! /;60/:285. ! A-O-.G ! */ ! ;-C-120/.I ! 26/72. ! ?; ! 6/B?/75! 8/.12A2;/715!8/!?'$,'':!F5-!;271-85G!)5;/71/!/;!Lsft!/.1/!.121?.!F5-!;58-F-A285!/!2! a55./O/C1!15075?=./!?;2!(.12345!H2O2CG!(02!2X!B?/!./!0/2C-W2O2!2!:0278/!;2-50-2!85.! 10/-72;/715.!82!$20-7S2!85.!(.1285.!i7-85.G! + ! A5;6C/P5 ! 72O2C ! 2D0-:2O2 ! 2 ! (.12345 ! 8/ ! "5;6?12345 ! H2O2C ! /! ,/C/A5;?7-A23k/.I!B?/!82O2!.?6501/!2!.-.1/;2.!8/!-7F50;2345!/!F507/A-2!A5;?7-A2345! 1T1-A2!/!/.1021@:-A2!2!?7-828/.!;-C-120/.!B?/!56/02O2;!72!W572!85!#1C\71-A5!/!75!$20!85! "20-D/G!U?7A-572O2!2!6201-0!8/!?;!A/7105!8/!F0512.I!?;2!-7.12C2345!8/!A57105C/!1@A7-A5!/! ?;!8/.12A2;/715!8/!A5;?7-A23k/.!8/!265-5!1T1-A5G!+!"5;2785!)?C!8/!U5032.!H2O2-.! 82 ! $20-7S2 ! 85. ! (.1285. ! i7-85. ! F?7A-575? ! 72 ! -CS2 ! 21@ ! Y27/-05 ! 8/ ! JKKNI ! B?2785! F5-! 8/A-8-82!.?2!1027.F/0Q7A-2!6202!2!UC<0-82I!72!(.12345!H2O2C!$2]6501G!#!;?82732!F5-! ?;2!A57./B?Q7A-2!25!F/AS2;/715I!/;!;2035!82B?/C/!;/.;5!275I!82!a55./O/C1I!?;2! 8/1/0;-72345!85!#15!8/!#60560-23k/.!8/!*/F/.2!85!#75!U-.A2C!8/!JKKNI!2..-7285!6/C5! 60/.-8/71/!>/50:/!eG!`?.SI!/;!MK!8/!./1/;D05!8/!JKKMG fq +CDC*hZ!(.12345!H2O2C!a55./O/C1!a528.I!/;!95015!a-A5I!75!275!8/!LssNG +CND@Z!S116EuucccG8/F/7./-;2:/0]G;-Cu! (;!`/0;?82I!5.!(.1285.!i7-85.!A57105C202;!5!n7-A5!2/0565015!85!62X.!650!;2-.! 8/!;/-5!.@A?C5G!%7.12C282!/;!LsNLI!2!(.12345!#/0572O2C!82.!`/0;?82.!lU515!fm!./0O-2! 6202 ! 5 ! ;57-1502;/715 ! 85 ! AC-;2I ! ;27?1/7345 ! /C/10[7-A2I ! A5;D21/ ! 2 ! -7AQ78-5. ! / ! /02! 0/.657.TO/C!6/C2!6210?CS2!2@0/2!82!0/:-45G!H5!275!8/!LssfI!?;!2A5085!8/1/0;-75?!2! .2X82!85.!/.128?7-8/7./.!/!2!8/O5C?345!85!A57105C/!82.!56/023k/.!2@0/2.!82!-CS2!25! :5O/075!C5A2CG ft +CDC*jZ!(.12345!#/0572O2C!`/0;?82.I!/;!LssMG +CND@Z!S116EuucccG8/F/7./-;2:/0]G;-Cu! (;!"?D2I!2!(.12345!H2O2C!>?271T72;5I!A5;!LLq!r;•I!@!2!;2-.!271-:2!D2./! ;-C-120!/.128?7-8/7./!/;!1/00-1<0-5!/.1027:/-05!/!./0O/!A5;5!D2./!C5:X.1-A2!6202!2!U0512! 85!#1C\71-A5!82!$20-7S2!85.!(.1285.!i7-85.I!2C@;!8/!820!265-5!2!56/023k/.!A57102!5! 10TF-A5!8/!805:2.!75!;20!85!"20-D/G!(;!LssLI!2!;-..45!82!D2./!F5-!/P6278-82I!B?2785! ;2-.!8/!MN!;-C!0/F?:-285.!S2-1-275.!D?.A202;!.5A5005!72!-CS2!/!F502;!2D0-:285.!72.! -7.12C23k/.!/.128?7-8/7./.G # ! T0/2 ! F5- ! A/8-82 ! /; ! A20T1/0 ! 6/0;27/71/ ! 25. ! (.1285. ! i7-85. ! 6/C5 ! 60-;/-05! 60/.-8/71/ ! 8/ ! "?D2I ! ,5;T. ! (.10282 ! 92C;2I ! 2102O@. ! 85 ! ,021285 ! "?D275=#;/0-A275! l#7/P5!%%%mI!2..-7285!/;!F/O/0/-05!8/!LsKMG!+!85A?;/715!8/1/0;-72O2!B?/!2!`2X2!8/! >?271T72;5 ! F5../ ! A/8-82 ! 25. ! (.1285. ! i7-85.I ! B?/ ! 1/0-2; ! Y?0-.8-345 ! / ! A57105C/! A5;6C/15.!.5D0/!/C2I!6202!;-7/02345!8/!A20O45!/!-7.12C2345!8/!/.123k/.!72O2-.G!(;D502! A/8/../!5.!8-0/-15.!.5D0/!5!1/00/75!25.!(.1285.!i7-85.I!5!,021285!8/1/0;-72O2!B?/!"?D2! 6/0;27/A/0-2!A5;5!8/1/71502!82!.5D/027-2!.5D0/!5!1/00-1<0-5!/!B?/!.?2.!/;D20A23k/.!8/! :?/002!5?!;/0A271/.!:5W20-2;!8/!C-O0/!2A/..5!Z.!T:?2.!82!`2X2G!+!2A5085!F5-!021-F-A285! /; ! LsMNI ! A5; ! 2 ! -7AC?.45 ! 8/ ! ?; ! 1/0;5 ! 8/ ! 62:2;/715 ! 25 ! :5O/075 ! A?D275 ! 8/ ! ?;2! 27?-828/ !8/!i€!NGKgf!/;!5?05I!2C@; !8/!8/A0/1285 !B?/!2!6/0;27Q7A-2 !85.!(.1285.! fg i7-85.!72!T0/2!.<!1/0-2!F-;!A5;!2!A57A508\7A-2!8/!2;D2.!2.!6201/.!5?!75!A2.5!8/!5.! (.1285.!i7-85.!2D2785720/;!2!T0/2G (;!LsfsI!75!/712715!A5;!5!F-;!82!a/O5C?345!"?D272!lLsfM=LsfsmI!2!2.A/7.45! 8/!U-8/C!"2.105!25!658/0!C/O5?!Z!B?/D02!82.!0/C23k/.!/710/!5.!85-.!62X./.G!$/.;5!2..-;I! e2.S-7:157!-7.-.1-2!72!A571-7?2345!82!O-:Q7A-2!85!,021285I!/7B?2715!5!75O5!:5O/075! A?D275!B?/0-2!2!-;/8-212!0/1-0282!82.!F5032.!/.1027:/-02.!8/!./?!1/00-1<0-5G!H5!60-;/-05! ;Q.!8/!U-8/C!"2.105!75!658/0I!B?2785!2-782!./!50:27-W2O2!./?!:5O/075I!F5-!8/.A571285I! o8/O-85!2!?;2!;/02!A57F?.45pI!5!nC1-;5!AS/B?/!0/F/0/71/!Z!27?-828/!62:2!6/C2!-CS2G! */.8/!/7145I!5.!AS/B?/.!/7O-285.!25!:5O/075!A?D275!1Q;!F-A285!:?208285.!/;!?;2! :2O/12 ! 75 ! /.A0-1<0-5 ! 8/ ! "2.105 ! l"#),a+I ! JKKtmG ! "571?85I ! 5 ! 0/A/D-;/715 ! 82B?/C/! nC1-;5 ! 62:2;/715 ! 6/0;-1-? ! 25 ! :5O/075 ! 85. ! (.1285. ! i7-85. ! 2F-0;20/; ! B?/ ! 2 ! 75O2! C-8/02732 ! A?D272 ! S2O-2 ! 021-F-A285 ! 5 ! 1021285 ! 2..-7285 ! /710/ ! 5. ! 85-. ! 62X./.G ! (.12! 1/A7-A2C-828/ ! / ! 5 ! ?.5 ! 8/ ! ./? ! 2620215 ! ;-C-120 ! F2W/; ! A5; ! B?/ ! 5. ! (.1285. ! i7-85.! ;271/7S2;I!ST!;2-.!8/!;/-5!.@A?C5I!?;2!-7.12C2345!;-C-120!F501/;/71/!/B?-6282!/;!?;! 1/00-1<0-5!/.1027:/-05!A5;!5!B?2C!745!;271@;!7/;!;/.;5!0/C23k/.!8-6C5;T1-A2.G! (;!LsqNI!5?105!/O/715 !60/Y?8-A5?!2-782 !;2-. !2.!0/C23k/. !/710/!5. !62X./.G!#! 26C-A2345I!6/C5!:5O/075!85.!(.1285.!i7-85.I!8/!?;2!;?C12!A57102!6/.A2850/.!A?D275.! FC2:0285.!72.!T:?2.!82!UC<0-82I!8/?!-7XA-5!2!?;2!A0-./!B?/!A?C;-75?!A5;!2!508/;!85! 60/.-8/71/!A?D275!6202!B?/!./!A5012../!5!2D2.1/A-;/715!8/!T:?2!/!/7/0:-2!Z.!-7.12C23k/.! 8/ ! >?271T72;5G ! #. ! F5032. ! 20;282. ! /.128?7-8/7./. ! 0/.5CO/02; ! 5 ! 605DC/;2 ! A5; ! 2! A57.10?345!8/!?;2!6C2712!8/!8/..2C-7-W2345!B?/!6058?W!MIN!;-CSk/.!8/!:2Ck/.!8/!T:?2!/! ;2-.!8/!gKK!;-C!r-C5c211.!8/!/C/10-A-828/!650!8-2I!F2W/785!82B?/C2!?;2!-7.12C2345!2?15= .?F-A-/71/!l>&+`#&!)("ia%,ƒI!JKKsmG #.!-7.12C23k/.!82!`2./!H2O2C!8/!>?271T72;5!-7AC?/;!2-782!5!b5.6-12C!H2O2C!/! ?;2!ACX7-A2!8/71T0-2I!8/62012;/715.!8/!265-5!25!6/..52CI!5!"5;2785!8/!+A/275:02F-2!/! $/1/505C5:-2!H2O2C!85!#1C\71-A5I!?;!A/7105!8/!;X8-2I!?;2!/.12345!8/!A5;?7-A23k/.I! /.A5C2. ! 85 ! */62012;/715 ! 8/ ! */F/.2I ! ?;2 ! 60-.45I ! 5 ! )/0O-35 ! H2O2C ! 8/ ! %7O/.1-:23k/.! "0-;-72-.I!?;!/.A0-1<0-5!8/!0/A?0.5.!S?;275.I!?;!A/7105!82!"0?W!'/0;/CS2I!5!"/7105! 8/!)?60-;/715.!%78?.10-2C!/!82!U0512I!/!2!U5032!8/!+6/023k/.!"57Y?712.!85!"5;2785! )?C ! h ! >?271T72;5G ! */65-. ! 85. ! 212B?/. ! 8/ ! LL ! 8/ ! ./1/;D05I ! 2 ! `2./ ! H2O2C ! 8/! >?271T72;5 ! 12;D@; ! 62..5? ! 2 ! ./0 ! ?.282 ! A5;5 ! A/7105 ! 8/ ! 8/1/7345 ! 8/ ! .?65.15.! 1/0050-.12. ! / ! 6/..52. ! A57.-8/0282. ! A5;5 ! 2;/232 ! Z ! ./:?02732 ! 85. ! (.1285. ! i7-85.! l%*($I!JKKsmG fs (;!JKKsI!5!60/.-8/71/!`202Ar!+D2;2!8/1/0;-75?I!2102O@.!8/!C/-I!5!F/AS2;/715! 85 ! A/7105 !8/ !8/1/73k/. !8/ ! >?271T72;5G ! #1@! 5! 60/./71/ ! ;5;/715I ! 5! 215 ! 745! .?01-?! /F/-15G -;a;*jZ!`2./!8/!>?271T72;5 +CND@Z!S116EuucccGA2;6P02]G50:u qK +CDC*mZ!"/7105!8/!*/1/7345!8/!>?271T72;5!`2] +CND@ZS116Euu.5A-/1]G/W-7/;20rGA5;u/P102508-720]=6-A1?0/.=2D5?1=1S/=C-F/=-7=:?271272;5=D2]= 60-.57=D202Ar=5D2;2=?.=20;]=ttMqq8/Jf2MFGS1;C (;!LsgsI!2!8/00?D282!85!0/:-;/!A5;?7-.12!F/W!8/.2620/A/0!12;D@;!2!60-7A-62C! Y?.1-F-A21-O2!6202!2!-71/7.2!60/./732!;-C-120!85.!(.1285.!i7-85.!/;!1/002.!/.1027:/-02.G! dT!745!S2O-2!5!./71-;/715!:/7/02C-W285!8/!B?/!?;!-7-;-:5!2;/232O2!5.!-71/0/../.!O-12-.! /.128?7-8/7./.!5?!8/!./?.!2C-285.I!2!65715!8/!Y?.1-F-A20!2.!A/71/72.!8/!D2./.!;-C-120/.! /.62CS282.!6/C5!;?785G!#!A0-./!/A57[;-A2!-71/072!/!2!F2C12!8/!?;!-7-;-:5!B?/!21-32../! 5.!1/;50/.!82!656?C2345I!Y?.1-F-A2785!2!7/A/..-828/!8/!?;!6/.285!/!57/05.5!2620215!8/! :?/002I!C/O202;!2!B?/.1-572;/715.!2A/0A2!85.!2C15.!A?.15.!8/!;27?1/7345!8/!-7.12C23k/.! ;-C-120/. ! /; ! 62X./. ! B?/ ! 7/; ! ./B?/0 ! 2. ! 2605O2O2; ! / ! B?/ ! 6051/.12O2; ! A57102 ! 2! 6/0;27Q7A-2!85.!(.1285.!i7-85.!/;!./?.!1/00-1<0-5.G!(02!5!;5;/715!6202!?;2!75O2! /.1021@:-2I!6/7.282!6202!A5;D21/0!o75O5.p!-7-;-:5.!/!8/F/78/0!O/CS5.!-71/0/../.G qL 0;adDS>C*#$ %Pa;NAcC*3FA67S@EE;*+E=; H5 ! /.1027:/-05I ! 2. ! 656?C23k/. ! A?Y2. ! 1/002. ! /02; ! 5A?6282. ! 650 ! -7.12C23k/.! ;-C-120/.!/.128?7-8/7./.!0/.-.1-2;!Z!6/0;27Q7A-2!8/.1/!2620/CS5I!6051/.12O2;!2!6/082!8/! .5D/027-2!/!F2W-2;!.?0:-0!?;!./71-;/715!8/!271-=2;/0-A27-.;5!B?/I!25!-7O@.!8/!:/020!2! ./7.2345!8/!./:?02732!B?/!5.!(.1285.!i7-85.!8/AC202O2;!D?.A20I!2A2D2O2!650!A2?.20! -7B?-/123k/.!/!:/020!6051/.15.!A57102!.?2!21?2345G $271/0!D2./.!/;!5?105.!62X./.!15072=./!A282!O/W!;2-.!A205G!#A5085.!D-C21/02-.!./! 260/./712;!A5;5!2!;/CS50!F50;2!8/!:20271-0!2!6/0;27Q7A-2!8/!./?!2620/CS5!;-C-120!75! /.1027:/-05I!;2.!;/.;5!/.1/.!2A5085.!:/02;!6051/.15.!C5A2-.I!O-.15!B?/!YT!745!/P-.1/! ?;2!2;/232!145!:02O/!B?2715!2B?/C2!B?/!./!8-W-2!5F/0/A-82!6/C5!"5;?7-.;5I!C/O2785! 2. ! 656?C23k/. ! C5A2-. ! 2 ! ./7.-D-C-W20=./ ! / ! A57A50820 ! A5; ! 2 ! 60/./732 ! 82. ! F5032. ! 8/! e2.S-7:157G!#.!;27-F/.123k/.!A57102!.?2.!-7.12C23k/.!C/O202;!5!9/71T:575!2!0/6/7.20! .?2!/.1021@:-2!/I!/.6/A-2C;/71/!72!nC1-;2!8@A282I!5.!(.1285.!i7-85.!62..202;!2!285120!5! B?/!@!AS2;282!8/!o(.1021@:-2!82!UC50=8/=&<1?.pE!2!605C-F/02345!8/!D2./.!;/750/.I!A5;! ;/750/.!/F/1-O5.!/!A5;!A262A-828/!8/!0T6-82!/P627.45G! 90565.12!650!*572C8!a?;.F/C8I!/.12!/.1021@:-2!C/O5?!Z!O/01-:-75.2!;?C1-6C-A2345! 8/!-7.12C23k/.!;-C-120/.!/.128?7-8/7./.!/;!0/850!85!;?785!8/65-.!85!LL!8/!./1/;D05G!x! 5 ! B?/ ! 5A500/ ! 72 ! #;@0-A2 ! &21-72I ! 578/ ! 8?0271/ ! 2 ! >?/002 ! U0-2 ! S2O-2 ! ./1/ ! D2./.! /.128?7-8/7./.I!/;!B?2105!62X./.!l$#9#!qmR!S5Y/I!.45!qM!-7.12C23k/.G!#!#;@0-A2!85! )?CI!B?/!8?0271/!2B?/C/!6/0X585!745!2D0-:5?!7/7S?;!8/.1/.!8-.65.-1-O5.I!2:502!1/;!LN! D2./.!5?!65.15.!8/!56/02345!2O273285.!l$#9#!tmG!#!B?271-828/!8/!/F/1-O5.!60/./71/.! 7/.12.!75O2.!-7.12C23k/.!8-;-7?-?!A57.-8/02O/C;/71/I!;2.!.?2!A262A-828/!8/!/P627.45! /!2!026-8/W!8/!;5O-;/712345!6/0;-1-82!6/C5!?.5!8/!/B?-62;/715.!;58/075.!:20271/! B?/!5.!-71/0/../.!/.128?7-8/7./.!65..2;!./0!026-82;/71/!6051/:-85.!82.!2;/232.!8/! ./?.!-7-;-:5.!;2-.!0/A/71/.G qJ -;a;*mZ*M;A@A*BCA*%!)*N;*)<XE=O;*,;D=N;*BSE;ND@*;*7S@EE;*+E=; -;a;*`Z*M;A@A*BCA*%AD;BCA*!N=BCA*N;*)<XE=O;*,;D=N;*aFA67S@EE;*+E=; i;2 ! :0278/ ! B?271-828/ ! 8/ ! 75O2. ! -7.12C23k/. ! ;-C-120/. ! /.128?7-8/7./. ! 72! #;@0-A2!&21-72!745!2620/A/!75!0/C21<0-5!5F-A-2C!.5D0/!2!8-.65.-345!8/!.?2.!D2./.!75! qM /.1027:/-05G!+!;51-O5!@!5!12;27S5!/!5!O2C50!8/.12.!75O2.!/.10?1?02.I!B?/!745!21-7:/;!2! T0/2!8/!LK!2A0/.!lKIN!r;!•mI!/u5?!./?!A?.15!8/!;5O-;/712345!5?!0/2C5A2;/715I!B?/!745! 21-7:/!5.!i€!LK!;-CSk/.I!A0-1@0-5.!B?/!5!*/62012;/715!8/!*/F/.2!85.!(.1285.!i7-85.! ?.2!6202!8/F-7-0!2.!oD2./.!;-C-120/.p!8/.12A282.!/;!./?.!85A?;/715.G!>0278/!6201/!82.! -7.12C23k/.!72!#;@0-A2!&21-72!745!21/78/!2!/.1/.!A0-1@0-5.I!;/.;5!2..-;I!21?2;!6202! :20271-0!25.!(.1285.!i7-85.!5!A57105C/!21/715!82!0/:-45G!#-782!8/!2A5085!A5;!5!*5*I! oD2./.!.45!C5A2C-828/.!2!6201-0!82.!B?2-.!56/023k/.!.45!265-282.!/!605Y/1282.!5?I!2-782I! T0/2. ! B?/ ! A571Q; ! -7.12C23k/. ! B?/ ! :20271/; ! 265-5 ! C5:X.1-A5 ! Z. ! .?2. ! 23k/.p ! liG)G! *(9#a,$(H,!+U!*(U(H)(I!JKKsmG )/;!?;!-7-;-:5!B?/!A57A/7102../!1585.!5.!./?.!/.F5035.!/!Y?.1-F-A2../!1585.!5.! ./?.!:2.15.!/!23k/.!l5?!6/C5!;/75.!?;2!D52!6201/!8/C/.mI!5!*/62012;/715!8/!*/F/.2!YT! 745!A57./:?-2!/P6C-A20!2!;27?1/7345!8/!-7.12C23k/.!A5;!2.!A202A1/0X.1-A2.!8/!.?2.!D2./.! 25.!A?.15.!B?/!/C2.!8/.60/78/;G!#6<.!2605P-;282;/71/!?;2!8@A282!/;!?;2!508/;! ;?78-2C ! B?2./ ! ?7-65C20I ! ./; ! 651Q7A-2. ! B?/ ! ./ ! 260/./712../; ! A5;5 ! 6T0/5 ! 6202 ! ./?! 658/0-5 ! ;-C-120I ! 2. ! :0278/. ! D2./. ! B?/ ! A5;6?7S2; ! 5 ! 2620/CS5 ! ;-C-120 ! /.128?7-8/7./! 8?0271/!2!>?/002!U0-2!1507202;=./!5D.5C/12.!/!-7Y?.1-F-ATO/-.G!#-782!2..-;I!5!60<60-5! */62012;/715!8/!*/F/.2!/.128?7-8/7./!2F-0;2O2I!/;!JKKMI!B?/!.?2!605Y/345!8/!658/0! 8/6/78-2!oF501/;/71/!85!2A/..5!2!:0278/.!D2./.I!65015.!/!2/0565015.!75!/.1027:/-05p! l*(9#a,$(H,!+U!*(U(H)(I!JKKMmG #6<.!5!LL!8/!./1/;D05I!5!o1/0050-.;5p! Ls! 8/?!?;!75O5!7501/!Z.!65CX1-A2. !85! 9/71T:575I ! :20271-?=CS/ ! 2?150-828/ ! 6202 ! -7./0-0 ! .?2. ! F5032. ! 578/ ! B?/0 ! B?/ ! ./?.! -71/0/../.!/.1-O/../;!/;!o6/0-:5pG!H5!/712715I!2.!A202A1/0X.1-A2.!8/.1/!75O5!5657/71/!h! ./;! F0571/-02.I!72A-572C-828/ !5?!0/C-:-45I !2C@;!8/!-;60/O-.XO/C !h!F/W!A5;!B?/!?;2! 60/./732!/.1T1-A2I!A57A/710282!/!A202!./!15072../!-7/F-A-/71/G!+!1/0050-.;5!/P-:/!0/.65.12! 0T6-82!75.!;2-.!8-O/0.5.!C5A2-.!/!A578-3k/.G!)/0-2;I!65012715I!7/A/..T0-2.!-7.12C23k/.! ;/750/.I!;2-.!C/O/.I!A5;!;2-50!A262A-828/!8/!;5D-C-828/!/!/P627.45G!+.!;-C-120/.! /.128?7-8/7./.!60/A-.2;!/.120!;2-.!60<P-;5.!85.!C5A2-.!578/!./?.!5657/71/.!658/;!./! 260/./7120G ! "5; ! o75O2. ! 1/A75C5:-2. ! / ! ./? ! 658/0 ! 2@0/5I ! 2. ! F5032. ! 20;282.! /.128?7-8/7./. ! ./0-2; ! A262W/. ! 8/! 0/8?W-0 ! 2 !7/A/..-828/ ! 85. ! :0278/. ! / !A205. !65.15.! 2O273285.!‹D2./.Œ!75!/.1027:/-05!/P-:-85.!8?0271/!2!>?/002!U0-2p!l*(,,$(aI!JKKMmG! #!(.1021@:-2!82!UC50=8/=C<1?.!8/1/0;-72!5!/.12D/C/A-;/715!8/!?;2!0/8/!8-.6/0.2! 8/!6/B?/72.!/!7?;/05.2.!D2./.I!65715.!8/!A57/P45!6202!0/.65.12.!0T6-82.!2!212B?/.! Ls !*/!2A5085!A5;!5!"<8-:5!&/:2C!85.!(.1285.!i7-85.I!B?/!8-12!2.!C/-.!/;!1585!5!./?!1/00-1<0-5I!o5!1/0;5! „1/0050-.;5… ! .-:7-F-A2 ! O-5CQ7A-2 ! 60/;/8-1282I ! 65C-1-A2;/71/ ! ;51-O282I ! 6/06/10282 ! A57102 ! 2CO5. ! 745= A5;D21/71/.!650!:0?65.!.?D72A-572-.!5?!2:/71/.!AC278/.1-75.p!liG)G!"+*(I!./;!8212mG!! qN -;60/O-.15.G!(710/!2.!A202A1/0X.1-A2.!8/.12!75O2!/.1021@:-2!/.145!5!/;60/:5!A0/.A/71/!85! ./0O-35 !8/!/;60/.2. !8/!./:?02732.!60-O282. !/!;/0A/7T0-5.I!21?2785!.5D!A5710215!72! /P/A?345!8/!F?73k/.!B?/!271/.!A2D-2;!/PAC?.-O2;/71/!Z.!F5032.!;-C-120/.!0/:?C20/.R!/!2! 2..-721?02!8/!2A5085.!D-C21/02-.!6202!2../:?020!-7.12C23k/.!/;!5?105.!62X./.G (.12 ! 75O2 ! /.1021@:-2 ! 6/0;-1/ ! B?/ ! 5. ! (.1285. ! i7-85. ! ;/CS50/; ! .?2. ! 8/F/.2.! 21-O2.!/!62..-O2.!A57102!;X../-.!/!20;2.!"`aH!‹B?X;-A2.I!D-5C<:-A2.I!028-5C<:-A2.!/! 7?AC/20/.ŒR!8-.10-D?2;!F5032.!2102O@.!8/!?;!1/2105!8/!56/023k/.!/!8/./7O5CO2;!75O5.! A57A/-15. ! 8/ ! A5;D21/ ! D2./285. ! 72 ! O2712:/; ! .5D0/ ! 2. ! -7F50;23k/.R ! 0/8?W2; ! 2! 8/6/78Q7A-2!8/!65015.!/!2/0565015.!6202!-7./0345!8/!.?2.!F5032.R!2?;/71/;!2!A57F-2732! /;!.-.1/;2. !:8'$(81\VI!/C/O285.I!S-6/0.[7-A5.I!8/!C57:5!2CA27A/I!/!745=10-6?C285.!6202! 605Y/345!8/!658/0R!2?;/71/;!2!A262A-828/!8/!605Y/120!/!.?.1/7120!658/0!8-0/12;/71/!8/! ?;2!D2./!72O2C!-71/:0282R!A571-7?/;!2!;/CS5020!2.!A262A-828/.!6202!/7O5CO-;/715!/;! A57FC-15. ! 75 ! C-1502CR ! / ! 8/./7O5CO2; ! F5032. ! 1/00/.10/. ! A5; ! ;2-50/. ! AS27A/. ! 8/! .5D0/O-OQ7A-2I ! ;2-. ! C/O/.I ! C/12-.I ! O/0.T1/-.I ! .?.1/71TO/-.I ! / ! 026-82;/71/ ! 8/.12ATO/-.G! liG)G!*(9#a,$(H,!+U!*(U(H)(I!JKKMmG # ! A5710212345 ! 8/ ! ./0O-35. ! 8/ ! ./:?02732 ! 60-O282 ! 8T ! Z ! 60/./732 ! ;-C-120! /.128?7-8/7./ ! 7/.12. ! 75O2. ! -7.12C23k/. ! ?;2 ! F2AS282 ! 8/ ! ?.5 ! A-O-CI ! 2;2-72785 ! 5.! 6051/.15.!C5A2-.!A57102!5!B?/!./!A57.1-1?-!72!-7O2.45!;-C-120!8/!?;2!72345!/.1027:/-02G! H5.!nC1-;5. !275.I!5.!./0O-35.!8/.12.!/;60/.2. !1Q;!.-85!?.285.!A282!O/W!;2-. !6202! .?D.1-1?-0!5!?.5!8/!/P@0A-15.!0/:?C20/.G!)45!/;60/.2.!A5;5E!JL 2m !5 !+16&1E1&=F!5/)*1/-).&/-'I!B?/!ST!;2-. !8/!Jf!275. !60/.12 !./0O-35. !25! :5O/075 ! 85. ! (.1285. ! i7-85. ! / ! .?2. ! 2:Q7A-2.I ! A5065023k/. ! ;?C1-72A-572-.I! 50:27-W23k/. !8/!./:?02732!/ !62W!-71/072A-572CI !8/710/!5?105.I!:20271-785 !B?/! /C/.!65..2;!o56/020!A5;!./:?02732!/!A57F-8/7A-2C-828/pG!*/710/!2.!F?73k/.!82! /;60/.2!/.145!2!8/!o-8/71-F-A20!/!;-1-:20!0-.A5.!Z.!6/..52.I!D/7.!/!-71/0/../.p!8/! ./?.!A571021271/.G!#1?2C;/71/I!2!/;60/.2!A5712!A5;!;2-.!8/!s!;-C!605F-..-572-.! /.6/A-2C-W285. ! / ! A5; ! /P6/0-Q7A-2 ! /; ! B?/.1k/. ! 8/ ! ./:?02732I ! 21?2785 ! /; ! Mg! 62X./.G!_?2105!8/!./?.!/.A0-1<0-5.!/.145!72!#;@0-A2!85!)?CRJJ JK ! ?8'$(81! .45!/B?-62;/715.!A5;!D2-P5!a")!l)$%$"&/"0::&?'.8-05mI!8-FXA/-.!8/!./0/;!8/1/A1282. !650! 02820/.I!5!B?/!5.!15072!O-01?2C;/71/!-7O-.XO/-.G!! JL !#.!-7F50;23k/.!260/./71282.!F502;!A5CS-82.!75.!.-1/.!82.!A5;627S-2.!2!B?/!./!0/F/0/;G JJ !*-.657XO/C!/;!‡S116EuucccG20;50:05?6GA5;uˆ qf Dm!2 !G*!@&6F-/H!l271/0-50;/71/I!o3($.JG$8'"&>0"(%G-%'pmI!F?78282!/;!Lssg! 650 ! ?; ! (0-r ! 90-7A/I ! /P=F5A2 ! 82 ! $20-7S2 ! 85. ! (.1285. ! i7-85.G ! )/?. ! ./0O-35.! F502;!?.285.!6/C5!:5O/075!85.!(.1285.!i7-85.!6202!C?120!75!#F/:27-.145!/!75! %02B?/G!(;!JKKqI!?;!-7A-8/71/!605O5A285!650!?;2!/B?-6/!82!A5;627S-2I!B?/! C/O5?!25!2..2..-7215!8/!Lt!A-O-. !/;!`2:8TI!;51-O5?!2!2D/01?02I!75.!(.1285.! i7-85.I ! 8/ ! 605A/..5. ! A-O-. ! / ! A0-;-72-.I ! 2C@; ! 8/ ! -7O/.1-:23k/. ! 85 ! "57:0/..5! /.128?7-8/7./I!A57102!2!21?2345!82!/;60/.2G!&5:5!O/-5!Z!1572!?;2!82.!B?/.1k/.! ;51-O282.!6/C2!26C-A2345!85.!./0O-35.!8/.1/!1-65!8/!A5;627S-2!/;!2..?715.!8/! ./:?02732!B?/!8/O/0-2;!A2D/0!Z.!F5032.!85!(.1285E!2!8-F-A?C828/!/;!./!D?.A20! 0/.657.TO/-.!650!A0-;/.!A5;/1-85.!72!/P/A?345!8/!.?2.!210-D?-3k/.G!#!;2-50-2! 85. ! 605A/..5. !2D/015. ! A57102 ! 2 !3($.JG$8'"! F5- !2D27857282 !8/O-85 ! Z! F2C12 !8/! 605O2.I!B?/!/02;!-;65..XO/-.!8/!./0/;!A5C/1282.!/;!W572.!8/!:?/002R!6/C5!F215! 8/!B?/!5.!A571021285.!8/.12.!A5;627S-2.!0/A/D/;!-;?7-828/!75.!62X./.!/;!B?/! 21?2;!l:20271-82!6/C5.!A5710215.!D-C21/02-.!2..-7285.!/710/!5.!(.1285.!i7-85.!/! 5.!1/00-1<0-5.!B?/!S5.6/82045!.?2.!D2./.!/!0/A/D/045!./?.!F?7A-57T0-5.I!;-C-120/.! 5?!A-O-.m!650!B?2-.B?/0!A0-;/.!A5;/1-85.!75!/P/0AXA-5!8/!.?2.!210-D?-3k/.!/;! 75;/ !75!:5O/075!85.!(.1285. !i7-85.R!/!6/C2 !-78/F-7-345 !82!Y?0-.8-345 !578/! 8/O/!./0!Y?C:285!5!A0-;/G # !3($.JG$8'"! 5F/0/A/ ! 10/-72;/715 ! 6202 ! 605F-..-572-. ! 8/ ! ./:?02732I! ;-C-120/.!/!A-O-.G!*/710/!5.!A?0.5.!B?/!5F/0/A/;I!10Q.!.45!;-7-.10285.!26/72.! 6202 ! 605F-..-572-. ! 82. ! F5032. ! 20;282. ! 85. ! (.1285. ! i7-85.E ! ,0/-72;/715 ! 8/! 9051/345 ! 6202 ! U5032. ! $-C-120/. ! $<O/-.I ! #1-02850 ! $-C-120 ! #O273285 ! /! ,0/-72;/715!8/!U5032.!8/!9051/345RJM Am 2!@=:.$!I*(*/,*!+FF'.$-).&/,I!B?/!1/;!/710/!./?.!A571021271/.!5!*/62012;/715! 8/!*/F/.2!/!2C:?7.!50:27-.;5.!85!:5O/075!85.!(.1285.!i7-85.!/!./?.!2C-285.I! 5F/0/A/ !./0O-35. !/!6058?15.!8/!A5;?7-A2345 !-71/:0285.I!2C@;!8/!.-.1/;2. !8/! 10/-72;/715!;-C-120!8-0/15!/!O-01?2CG!#!/;60/.2! A?.15;-W2!/!282612!./?.!.-.1/;2.!8/!10/-72;/715!6202!2Y?820!2! 0/F50320!2!85?10-72!56/02A-572C!8/!F5032.!;-C-120/.!72A-572-.!/! 8/ ! ./:?02732I ! .-;?C20 ! 5 ! ?.5 ! 8/ ! B?2CB?/0 ! 20;2 ! / ! 2;/232I ! /! 605650A-572 ! 10/-72;/715 ! 0/2C-.12 ! 6202 ! F5032. ! -78-O-8?2-. ! /! A5C/1-O2.G JM !*-.657XO/C!/;!‡S116EuucccG?.102-7-7:GA5;u7/cu-78/PG2.6ˆ qq n#NRCE<;WcC*@PDE;dB;*BC*J*:,.)**B;*OC<a;NY=;o!JN ! 8m /!2 !IH/@&1F!5/)*1/-).&/-'I!B?/!605650A-572!./0O-35.!/;!2O-2345I!C5:X.1-A2!/! 56/023k/. ! 8/ ! ./:?02732 ! o/; ! 265-5 ! 25 ! :5O/075 ! 85. ! (.1285. ! i7-85. ! / ! ./?.! 5DY/1-O5. ! 8/ ! 65CX1-A2 ! /P1/072I ! :20271-785 ! .5C?3k/. ! /; ! 8/F/.2I ! 8-6C5;2A-2 ! /! 8/./7O5CO-;/715!-71/072A-572CpGJf! _?2715!25.!2A5085.!D-C21/02-.I!5.!(.1285.!i7-85.!5.!1Q;!7/:5A-285!8/.8/!5!LL! 8/!./1/;D05I!2!F-;!8/!2../:?020!.?2!60/./732!/;!?;2!T0/2!2!B?/!/C/.!8/75;-72;!o20A5! 8/ ! -7.12D-C-828/pI ! A5;65.15 ! 650 ! o723k/. ! 605DC/;T1-A2. ! 5? ! F2C-82.p ! / ! 578/ ! S2Y2! 5A500Q7A-2.!8/!o028-A2C-.;5!-.C\;-A5I!10TF-A5!8/!805:2.!/!5?102.!F50;2.!8/!O5C21-C-828/pG! (.1/ ! o20A5pI ! 8/F-7-85 ! 72 ! (.1021@:-2 ! $-C-120 ! H2A-572C ! 85. ! (.1285. ! i7-85. ! 8/ ! JKKNI! 2D027:/!2!#;@0-A2!85!)?C!h!72!0/:-45!82!,0X6C-A/!U0571/-02!hI!62..2785!6/C2!wF0-A2I!5.! `TCA4.I!5!"T?A2.5I!5!+0-/71/!$@8-5!/!2.!w.-2.!"/7102C!/!)?8/.1/R!5!271/0-50!/7:C5D2O2! 2. ! w.-2. ! "/7102CI ! H508/.1/ ! / ! &/.1/I ! / ! 2 ! (?0562 ! l"#$9`(&& ! Ž ! e#a*I ! JKKMR! *(,,$(aI!JKKMR!iG)G!d+%H,!"b%(U)!+U!),#UUI!JKKNmG! #C@; ! 82 ! 75O2 ! /.1021@:-2I ! 2 ! 8-;-7?-345 ! 82. ! 8-;/7.k/. ! 82. ! -7.12C23k/.! /.128?7-8/7./. ! 1/; ! A5;5 ! 02W45 ! ?; ! ;/;502785 ! 85 ! )/A0/1T0-5 ! 8/ ! */F/.2 ! *572C8! a?;.F/C8I!B?/I!/;!JKKMI!508/72O2!2!0/F50;?C2345!82!/.10?1?02!8/!D2./.!/.128?7-8/7./.! 75!;?785I!2102O@.!85!F/AS2;/715!/!82!0//.10?1?02345!8/!.?2.!-7.12C23k/.G!#!;/8-82!/02! 0/.?C1285 ! 85 !3$:' & )'$(-45#'58 & $5% & /(0:7"'! h ! `a#"I ! 215 ! 2102O@. ! 85 ! B?2C ! 5! */62012;/715!8/!*/F/.2!A5;/35?!2!0/50:27-W20!.?2!/.10?1?02!8/!;585!o2!21?20!;2-.! /F-A-/71/!/!/F/1-O2;/71/!75!265-5!2!.?2.!U5032.I!2?;/7120!.?2!60571-845!56/02A-572C!/! F2A-C-120!75O2.!F50;2.!8/!7/:5A-20p!.?2!6/0;27Q7A-2!l+UU%"(!+U!,b(!)("a(,#aƒ! +U ! *(U(H)(I ! JKKfmG ! H5O5. ! 1-65. ! 8/ ! 8-.65.-1-O5. ! F502; ! -7./0-85. ! 2102O@. ! 8/.12! 0//.10?1?02345E 2m @&&F*1-).7* ! #*$=1.)H ! K&$-).&/,* g * 0',AE ! 2 ! 60-7A-62C ! A202A1/0X.1-A2 ! 8/.12.! -7.12C23k/.!@!B?/!/C2.!1Q;!65?A2!5?!7/7S?;2!60/./732!6/0;27/71/!8/!;-C-120/.! /.128?7-8/7./.I!./785!;271-82.!2102O@.!85.!./0O-35.!8/!;/0A/7T0-5.I!85!265-5! 82!72345!o27F-10-4pI!5?!;/.;5!6/C5!./0O-35!6/0-<8-A5!8/!;-C-120/.!0/:?C20/.G!(;! :/02CI!/.12.!-7.12C23k/.!6/01/7A/;!25!62X.!578/!./!C5A2C-W2;I!./785!o2C?:282.p! 25. ! (.1285. ! i7-85. ! 2102O@. ! 82 ! 2..-721?02 ! 8/ ! 2A5085. ! D-C21/02-.G ! (;D502 ! 745! JN !*-.657XO/C!/;!‡S116EuucccGA?D-AGA5;uˆ !*-.657XO/C!/;!‡S116EuucccG8]7=-71CGA5;uˆ Jf qt A571/;!A5;!2!60/./732!6/0;27/71/!8/!./?.!;-C-120/.I!/.12.!-7.12C23k/.!745!.45! ;/75.!-;6501271/.!72!75O2!/.1021@:-2!;-C-120!/.128?7-8/7./G!(C2.!.45!7/A/..T0-2.! 6202!820!265-5!25.!U+).!/!Z.!$+`.I!:20271/;!2A/..5!2!65715.!/.1021@:-A5.!/! F?7A-572; ! A5;5 ! A/7105. ! 6202 ! 21-O-828/. ! 8/ ! A556/02345 ! /; ! ./:?02732 ! liG)G! *(9#a,$(H,!+U!*(U(H)(I!JKKNmG 958/; ! ./0 ! 026-82;/71/ ! 2;6C-282. ! / ! 1027.F50;282. ! /; ! 95.15. ! 8/! +6/023k/.!#O273282.!h!U+).G!x!5!A2.5!`2./!$-C-120!b215.I!/;!"?02325I!/!82.! /.123k/.!8/!02820!B?/!5.!(.1285.!i7-85.!;271Q;!72!d2;2-A2!/!72!&-D@0-2I!B?/! 745!2620/A/;!75!0/C21<0-5!5F-A-2C!8/!/.10?1?02!8/!D2./.I!650!745!21/78/0/;!25! A0-1@0-5!8/!1/0!6/C5!;/75.!LK!2A0/.!8/!8-;/7.45!/!5!A?.15!8/!.?2!.?D.1-1?-345!745! 21-7:/!5.!i€LK!;-CSk/.G!#!`2./!$20/AS2C!(.1-:200-D-2I!75!9202:?2-I!12;D@;!@! ?;2!")&I!/!.?2.!8-;/7.k/.!:20271/;!B?/!/.1/Y2!C-.1282!75!0/C21<0-5!5F-A-2CG!(;! JKKfI ! 5 ! )/7285 ! 85 ! 9202:?2- ! :20271-? ! -;?7-828/ ! 8-6C5;T1-A2 ! Z. ! 10562.! /.128?7-8/7./.!/;!62..2:/;!6/C5!62X.I!C5:5!8/65-.I!NKK!;-C-120/.!85.!(.1285.! i7-85. ! 8/./;D20A202; ! 75! 9202:?2-I ! C/O2712785 !0?;50/. !8/ ! B?/! e2.S-7:157! 6C27/Y2O2!2!A57.10?345!8/!?;2!D2./!75!62X.G!&5A2C-W282!72.!605P-;-828/.!82! ,0X6C-A/!U0571/-02!/!85!#B?XF/05!>?2027-!h!2!./:?782!;2-50!0/./0O2!8/!T:?2! 85A/!85!;?785hI!2!`2./!$20/AS2C!(.1-:200-D-2!@!?;!65715!/.1021@:-A5!82!0/:-45G #6/.20! 85. ! 0/C215.I !12715 ! 5!:5O/075! 85. ! (.1285. ! i7-85. ! B?2715! 5!85! 9202:?2-!7/:202;!B?/!S5?O/../!7/:5A-23k/.!6202!-7.12C2345!8/!?;2!D2./!7/.1/! nC1-;5G!oH5!9202:?2-!745!S2O/0T!7/7S?;2!D2./!;-C-120!85.!(.1285.!i7-85.!5?! 7/7S?;2!-7.12C2345!8/.1/!1-65I!650B?/!.5;5.!?;!62X.!.5D/0275I!.5;5.!6201/!85! $/0A5.?C ! / ! B?/0/;5.I ! 2A-;2 ! 8/ ! 1?85I ! 2 ! /.12D-C-828/ ! 82 ! 8/;5A02A-2pI ! F5- ! 2! 7/:21-O2 ! 85 ! 60/.-8/71/ ! H-A2750 ! *?201/I ! /; ! 2:5.15 ! 8/ ! JKKfG ! (P/0AXA-5. ! 8/! ;-C-120/.!/.128?7-8/7./.!/!6202:?2-5.!.45!0/2C-W285.!/;!$20/AS2C!(.1-:200-D-2G! #.!F5032.!85.!(.1285.!i7-85.!AS/:2;!./;60/!/;!:0?65.!8/!LK!2!JK!;-C-120/.!/! 6/0;27/A/;!650!?;!6/0X585!8/!21@!Nf!8-2.!liG)G!*(9#a,$(H,!+U!),#,(I! JKKqmR Dm 0&1J-14 ! >F*1-)./2 ! #.)*, !g * +/'A * n658/; ! ./0 ! ;/7A-57282. ! A5;5* +/,A * g* 0&1J-14 ! >F*1-)./2 ! K&$-).&/,oE ! %7.12C23k/. ! ;2-50/. ! B?/ ! 5. ! ")&.I ! ;271-82.! A5; ! ?;2 ! 60/./732 ! 6/0;27/71/I ! ;2. ! C-;-1282I ! 8/ ! ;-C-120/.R ! .45 ! ?.282. ! 6202! 0/A/D/0 ! F5032. ! 05121-O2. ! / ! A571Q; ! /B?-62;/715. ! 60/O-2;/71/ ! 2C5A285.G ! )/;! 60/./732!;-C-120!6/0;27/71/I!./?.!/F/1-O5.!.45!05121-O5.G!+.!U+).!.45!?.285.! qg 60-7A-62C;/71/!6202!0/2C-W2345!8/!10/-72;/715.!D-C21/02-.!/!0/:-572-.!/!658/;! ./0 ! /P6278-85. ! 6202 ! 2D0-:20 ! ;2-. ! ;-C-120/. ! liG)G ! *(9#a,$(H, ! +U! *(U(H)(I!JKKNmG! 9202!./0!?;!U+)I!2!-7.12C2345!8/O/!1/0!?;2!6-.12!8/!6/C5!;/75.!JGf!r;! lg!;-C!6@.mI!5!B?/!CS/!6/0;-1/!0/A/D/0!2/0572O/.!8/!:0278/!6501/G!U+&.!1Q;! 2-782!8/!1/0!A578-3k/.!6202!5!0/2D2.1/A-;/715!85.!2O-k/.I!65..?-0!02;62I!S27:20I! /.A0-1<0-5I!./0O-35!8/!;27?1/7345!/!8/6<.-15G!Jq #!`2./!$-C-120!"5;2C262I!/;!(C!)2CO2850!/!5!U501/!$-C-120!&20278X2I!72! "5C[;D-2!.45!/P/;6C5.!8/!U+).G!(.12.!-7.12C23k/.!745!2620/A/;!75!a/C21<0-5! 8/!`2./.!85!*/62012;/715!8/!*/F/.2!85.!(.1285.!i7-85.I!/;D502 !21?/;!72! O-:-C\7A-2!82!0/:-45G! Am D-./ !>F*1-)./2!3-,*,* g*-/MAE!*-.6k/;!8/!/B?-62;/715. !28;-7-.1021-O5.I! /8?A2A-572-.I !0/.-8/7A-2-. !/! 8/! 265-5I! 605650A-572785 !./:?02732I !./0O-35. ! 8/! .2n8/ ! / ! C2W/0G ! "5712; ! A5; ! ?;2 ! /.10?1?02 ! 05D?.12I ! 1Q; ! A5;2785 ! / ! A57105C/! /.12D/C/A-85. ! / ! 26<-2; ! 10/-72;/715. ! / ! A556/02345 ! 8/ ! ./:?02732I ! 2C@; ! 8/! :20271-0!5!2A/..5!/.1021@:-A5!2!C5A2-.!8/!A57FC-15G!#.!D2./.!.45!o/.12D/C/A-82.!/;! 1/00-1<0-5. ! 2;-.15.5.pI ! A5; ! F5032. ! 8/ ! A5;D21/ ! /.12A-57282. ! 8/ ! ;585! 6/0;27/71/p!l%*($mG!#!D2./!72O2C!8/!>?271T72;5 !.?0:/I!/7145I!A5;5!?;2! .@0-2!/PA/345!Z!0/:02I!1/785!/;!O-.12!B?/!8/.8/!2!a/O5C?345!"?D272I!5!:5O/075! 82!-CS2!6051/.12!A57102!2!6/0;27Q7A-2!82!D2./!/;!./?!1/00-1<0-5I!745!1/785!7/;! ;/.;5 ! 8/.A571285 ! 5. !AS/B?/. ! 8/65.-1285. !6/C5. !(.1285. ! i7-85. !2 ! 1X1?C5 ! 8/! 62:2;/715!6/C2!27?-828/!8/!i€!NGKgfG! +.!"&).!/!5.!U+).!l5?!U+&.m!F502;!-71058?W-85.!6/C5!*/62012;/715!8/!*/F/.2! 6202! 820 !.?6501/!25!F?7A-572;/715 !82. !$+`.I!./785!;2-. !D20212.I!;2. !745!;/75.! -;6501271/.!72!75O2!/.1021@:-2!;-C-120!85.!(.1285.!i7-85.G #. ! 75O2. ! -7.12C23k/. ! 1Q; ! 8-;/7.k/. ! D/; ! 0/8?W-82. ! /; ! A5;6202345 ! A5; ! 5.! A5;6C/P5.!-7.12C285.!8?0271/!2!>?/002!U0-2G!)/785!;/750/.I!5.!8-.65.-1-O5.!60565.15.! 6/C2 ! /.1021@:-2 ! FC50=8/=C<1?.I ! .45 ! ;/75. ! O-.XO/-. ! / ! :/02; ! ;/75. ! 0/.-.1Q7A-2 ! 72.! 656?C23k/.!85.!62X./.!B?/!CS/.!2D0-:2;G!*/.1/!;585I!5!9/71T:575!8-;-7?-!0-.A5!8/! 5A500Q7A-2!8/!;27-F/.123k/.!656?C20/.!A5;5!2.!B?/!C/O202;!Z!8/.21-O2345!8/!8/W/72.! 8/!.?2.!D2./.!72!w.-2!/!72!(?0562R!Z!.?2!0/1-0282!8/!'-/B?/.I!/;!95015!a-A5I!$2712I!75! Jq !S116EuucccG.5?1SA5;G;-Cu92:/.u*/F2?C1G2.6P qs (B?2850I ! / ! ;/.;5 ! Z ! 8/.21-O2345 ! 85 ! A5;6C/P5 ! ;-C-120 ! 85 ! YT ! ;/7A-57285 ! "272C ! 85! 9272;TG!#.!75O2.!D2./.!A2?.2;!;/75.!/.12082CS235!85!B?/!.?2.!271-:2.!;/:2=D2./.I! :/02785!;/75.!6051/.15.!C5A2-.G!#C@;!8-.15I!5.!2A5085.!D-C21/02-.I!B?/!6/0;-1/;!25.! (.1285. ! i7-85. ! 5 ! ?.5 ! 8/ ! -7.12C23k/. ! 85 ! 62X. ! S5.6/8/-05 ! 6202 ! 2C5A2345 ! 8/ ! 20;2. ! /! .?60-;/715.I!2C@;!82!0/2C-W2345!8/!/P/0AXA-5. !8/!10/-72;/715!/;!./?.!1/00-1<0-5.I!./! A57.1-1?/;!/;!?;!2.6/A15=AS2O/!8/.12!75O2!/.1021@:-2!;-C-120G! (.12.!;?82732.!/!2!-71058?345!8/!85-.!75O5.!1-65.!8/!-7.12C2345!.45!7/A/..T0-2.! 6202 ! B?/ ! 2. ! F5032. ! 20;282. ! 85. ! (.1285. ! i7-85. ! ./Y2; ! A262W/. ! 8/ ! /7F0/7120 ! o5.! A0/.A/71/. ! 8/.2F-5. ! 8/ ! ./:?02732 ! 82 ! 72345p! l"#$9`(&& ! Ž ! e#a*I ! JKKMmG! "57.-8/02785=./ ! B?/ ! /.12 ! /.1021@:-2 ! -71058?W-? ! 8/W/72. ! 8/ ! -7.12C23k/. ! ;-C-120/.! /.128?7-8/7./.!/;!1/002.!C21-75=2;/0-A272.I!2!60/./732!8/!2C:?;!-7-;-:5!B?/!Y?.1-F-B?/! /.1/. ! -7O/.1-;/715. ! @ ! 621/71/G ! # ! #;@0-A2 ! 85 ! )?C ! F5- ! -7AC?X82 ! 75 ! 75O5 ! o20A5 ! 8/! -7.12D-C-828/p !8/F-7-85 ! 6/C5! */62012;/715 ! 8/! */F/.2G !*/! 2A5085! A5;! 5!<0:45I! /.1/! „20A5…!A57A/7102!0/:-k/.!578/!5.!-71/0/../.!85.!(.1285.!i7-85.!/.145!./785!2;/23285.I! Y?.1-F-A2785I!2..-;I!2!-7.12C2345!8/!D2./.!;-C-120/.!/;!./?.!200/850/.G!!(;!JKKfI!9/1/0! 92A/I!A5;278271/!85!i))5?1S"5;I!/C/7A5?!5.!-71/0/../.!O-12-.!85.!(.1285.!i7-85.!72! #;@0-A2 ! &21-72E ! 2A/..5 ! 2 ! 0/A?0.5. ! 721?02-. ! / ! 25. ! ;/0A285. ! 82 ! 0/:-45I ! C-D/0828/ ! 8/! 72O/:2345!/!6051/345!82!A5.12!/.128?7-8/7./!A57102!5!10TF-A5!8/!805:2.G! +!F215!@!B?/!./!5D./0O2785!2!8/F-7-345!8/!./?.!-71/0/../.!72A-572-.!/!5!/C/7A5!8/! -7-;-:5.!B?/!CS/.!2;/232;I!8/75;-7285.!145!C5:5!o1/0050-.12.pI!5!1/0;5!620/A/!8/F-7-0I! /;!0/2C-828/I!1585!/!B?2CB?/0!2150!B?/!5?./!8/.2F-20!2.!8/1/0;-723k/.!8/!e2.S-7:157G! #!#;@0-A2!&21-72I!578/!745!ST!5A500Q7A-2.!8/!F?782;/712C-.;5!-.C\;-A5I!745!F-A5?!8/! F502 ! 85 ! o20A5 ! 8/ ! -7.12D-C-828/p ! 8/F-7-85 ! 6/C5 ! 9/71T:575G ! "5;5 ! 0/.?C1285I ! 2 ! 0/:-45! 2D0-:2 ! S5Y/ ! qM ! 8/ ! .?2. ! -7.12C23k/.I ! .5D ! 5 ! 60/1/P15 ! 8/ ! A5;D21/ ! 25 ! 720A510TF-A5 ! h 0/8/75;-7285!o720A51/00-.;5p!h!/!2!o75O2.!2;/232.!1/0050-.12.p!h!8/710/!2.!B?2-.!./! -7AC?/;!:5O/075.!8/!/.B?/082G! + ! 2A5085 ! 2..-7285 ! /; ! JKKs ! /710/ ! 5. ! :5O/075. ! 85. ! (.1285. ! i7-85. ! / ! 82! "5C[;D-2 ! 6/0;-1-? ! 2 ! -7.12C2345 ! 8/ ! ./1/ ! 75O2. ! D2./. ! /.128?7-8/7./. ! 72 ! "5C[;D-2I! 6021-A2;/71/ ! 1582. ! /; ! A5;6C/15 ! 2CA27A/ ! 82 ! #;2W[7-2 ! / ! 75. ! 200/850/. ! 82 ! O-W-7S2! '/7/W?/C2G!+!62X.!@!26571285!A5;5!?;!0-.A5!6202!5.!-71/0/../.!/.128?7-8/7./.I!1/785! /;!O-.12!./0!?;!85.!;2-50/.!6058?150/.!8/!6/10<C/5!85!;?785I!0/.657.TO/C!650!Lf!2! Ls•!85!6058?15!F507/A-85!25.!(.1285.!i7-85.I!./?!N‰!;2-50!F507/A/850I!210T.!26/72.!85! "2728T!lL‰mI!82!#0TD-2!)2?8-12!lJ‰m!/!85!$@P-A5!lM‰m!liG)G!(H(a>ƒ!%HU+a$#,%+H! #*$%H%),a#,%+HI!JKLLmG tK +.!0/A?0.5.!A261285.!A5;!6/10<C/5!/.120-2;!./785!?.285.!6/C5!:5O/075!8/!b?:5! "STO/W!6202!o605;5O/0!?;!/-P5!8/!565.-345!Z!8/;5A02A-2!/!25!C-O0/!;/0A285I!6-C20/.! 82!-7FC?Q7A-2!-71/072A-572C!85.!(.1285.!i7-85.p!l#ƒ(a`(I!JKKsmG!*/!2A5085!A5;!5! 9/71T:575I ! .?2. ! D2./. ! F502; ! -7.12C282. ! 72B?/C2 ! T0/2 ! 6202 ! 2Y?820 ! 72 ! C?12 ! A57102! 1/0050-.12. ! / ! 720A5102F-A271/.G ! "5;5 ! /.1-6?C285 ! 6/C2 ! 75O2 ! /.1021@:-2 ! ;-C-120! /.128?7-8/7./I ! 2. ! D2./. ! -7.12C282. ! /; ! 62X./. ! B?/ ! ./ ! 56k/; ! Z ! .?2 ! 6/0;27Q7A-2 ! .45! 1027.F/0-82. ! 2..-; ! B?/ ! ?; ! 5?105 ! 62X.I ! ;2-. ! o2;-:TO/CpI ! 2A/-12 ! .?2 ! -7.12C2345G ! #! 2..-721?02!85!2A5085!/710/!(.1285. !i7-85.!/!"5C[;D-2 !O/-5!75!;5;/715 !/;!B?/!5! :5O/075!85!(B?2850!/7A/002O2!5!A5710215!B?/!:20271-2!2!6/0;27Q7A-2!/.128?7-8/7./!/;! .?2 ! `2./ !8/ ! $2712 !/ !/P6?C.2O2 !5. ! ;-C-120/. ! /.1027:/-05. !8/ ! ./?! 1/00-1<0-5G !&5:5 !2.! -7.12C23k/.!/B?2150-272.!F502;!1027.F/0-82.!6202!2!"5C[;D-2G!950!A5712!8/!.?2.!0/./0O2.! 8/!6/10<C/5!/!85!0-.A5!B?/!5F/0/A/!Z!./:?02732!/7/0:@1-A2!85.!(.1285.!i7-85.!75!A2.5!8/! ?;!05;6-;/715!/F/1-O5I!5!:5O/075!O/7/W?/C275!F5-!26571285!6/C5!:/7/02C!d2;/. !,G! b-CCI !/;!JKKNI!A5;5!?;!85.!0/60/./71271/. !85!B?/!/C/!AS2;5?!8/!o75O2.!2;/232.! 1/0050-.12.pI!B?/!/C/!605712;/71/!8/F-7-?!A5;5!o:5O/075.!656?C-.12.!028-A2-.pI!CX8/0/.! 0/:-572-.!B?/!o./!2:2002;!2!605F?782.!F0?.1023k/.!A2?.282.!6/C5!F02A2..5!82.!0/F50;2.! 8/;5A0T1-A2. !/;!:20271-0!D/7.!/!./0O-35.p!/!B?/!0/F5032;!.?2.!65.-3k/.!028-A2-.!25! o-7FC2;20!./71-;/715.!271-=2;/0-A275.p!lb%&&I!JKKNmG # ! 8/AC202345 ! 85 ! :/7/02C ! b-CC ! F5- ! ;51-O282 ! 6/C2 ! 7/A/..-828/ ! 8/ ! 65.1?C20 ! 2! 8/.1-72345!8/!2C15.!-7O/.1-;/715.!85!*/62012;/715!8/!*/F/.2!/;!23k/.!6021-A282.!650! ?; ! A5;2785 ! 0/:-572C ! B?/ ! .?0:-2 ! A5;5 ! /C/;/715 ! /.1027S5 ! B?2785 ! ./ ! 10212O2 ! 82! 8-.10-D?-345!8/!F?785.!;-C-120/.!/;!?;!;?785!6<.=LL!8/!./1/;D05E!5!i))5?1S"5;G! )/;!2;/232.!1/0050-.12.!AC202;/71/!8/F-7-82.!B?/!Y?.1-F-A2../;!.?2!-7AC?.45!72.!23k/.! 82!o>?/002!A57102!5!,/0050pI!5.!:5O/075.!o656?C-.12.=028-A2-.p!F502;!-7AC?X85.!72!C-.12! 8/ ! o75O2. ! 2;/232. ! 1/0050-.12.pI ! C/O2712785 ! 2 ! 8/.A57F-2732 ! 8/ ! 6/.B?-.2850/. ! A5;5! b20C/] ! )S2-r/7I ! 85 ! "/7105 ! 6202 ! (.1?85. ! 8/ ! #;@0-A2 ! &21-72 ! 82 ! i7-O/0.-828/ ! 8/! `/0r/C/]I ! B?/I ! /; ! JKKNI ! 2F-0;2O2 ! B?/I ! ./; ! ?;2 ! 8/F-7-345 ! 2;6C2;/71/ ! 2A/-12I ! 5! 1/0050-.;5 ! ./ ! A57.1-1?X2 ! 75 ! oA5;?7-.;5 ! 85 ! .@A?C5 ! jj%pI ! 5 ! -7-;-:5 ! A57102 ! 5 ! B?2C! B?2CB?/0!2345!/02!Y?.1-F-ATO/CR!/!25!2657120!:5O/075.!C5A2-.!A5;5!F571/.!8/!1/0050-.;5I! 5!i))5?1S"5;I!2!;2-50!F5032!7501/=2;/0-A272!/;!21?2345!72!#;@0-A2!&21-72I!:20271-2! 2!-7Y/345!8/!F?785.!/;!.?2.!23k/.G!+!"5;2785!28;-7-.102!?;!O2.15!605:02;2!8/!2Y?82! ;-C-120I!B?/!-7AC?-!i€!tKK!;-CSk/.!27?2-.!8/.1-7285.!Z.!23k/.!72!"5C[;D-2G +!i))5?1S"5;!8/./7O5CO/!OT0-5.!605:02;2.!72!#;@0-A2!&21-72I!-8/71-F-A285.! 650 ! 0<1?C5. ! A5;5 ! oA5;D21/ ! 25 ! 720A510TF-A5pI ! o10/-72;/715 ! 8/ ! 5F-A-2-. ! C21-75= tL 2;/0-A275.pI ! o8/F/.2 ! 82 ! 8/;5A02A-2p ! / ! o:20271-2 ! 85. ! *-0/-15. ! b?;275.pG ! "0-285! 8?0271/!2!%%!>?/002!$?78-2CI!1/785!/;!O-.12!2!8/F/.2!85!"20-D/I!2!6201-0!82!8@A282!8/! LsfKI!5!"5;2785!62..5?!2!21?20!12;D@;!72.!#;@0-A2.!"/7102C!/!85!)?CG! "5;5!6201/!8/!.?2.!21-O-828/.I!5!"5;2785!605;5O/!/P/0AXA-5.!/!56/023k/.!O-.2785! 2 ! oF5012C/A/0 ! 620A/0-2. ! 0/:-572-. ! / ! 2. ! A262A-828/. ! A5C/1-O2.pI ! -;6501271/. ! 6202 ! 2! o./:?02732 ! 72A-572C ! 85. ! (.1285. ! i7-85. ! / ! 6202 ! 2 ! ./:?02732 ! / ! /.12D-C-828/ ! 85! b/;-.F@0-5!+A-8/712CpI!./:?785!5!:5O/075!/.128?7-8/7./G!(P/;6C5.!8/.12.!21-O-828/.! .45E 2m 5 !81-4*J./4,E ! /P/0AXA-5 ! ;20X1-;5 ! ;?C1-72A-572C ! O5C1285 ! Z. ! o2;/232. ! 8/! ./:?02732 ! 1027.72A-572-.p ! ! 75 ! "20-D/I ! 12-. ! 2;/232. ! -7AC?/; !5 ! 1/0050-.;5I ! 5! 10TF-A5!8/!20;2.I!2.!6278/;-2.!/!;/.;5!5.!FC?P5.!;-:021<0-5.!-71/072A-572-.R Dm 5 !LM58+# ! E&'4E ! 12;D@; ! ?; ! /P/0AXA-5 ! 8/ ! 10/-72;/715 ! ;20X1-;5 ! A57102! o2;/232.!A5;?7.!Z!./:?02732pI!B?/!2D027:/;!5!1/0050-.;5I!5!10TF-A5!8/!20;2.!/! 8/!805:2.I!2!605C-F/02345!8/!20;2.!8/!8/.10?-345!/;!;2..2I!A500?6345I!C2O2:/;! 8/!8-7S/-05!/!5!10TF-A5!8/!6/..52.I!2C@;!8/!o2;/232.!745=A57O/7A-572-.I!A5;5!2! 65D0/W2 ! /P10/;2I ! 8/:0282345 ! 2;D-/712CI ! 8/.2.10/. ! 721?02-. ! / ! 6278/;-2.! l)b#9%a+I!JKKqmR Am 5 !0=*1?-,!@&6-/4&E!B?/!o2?;/712!2!A556/02345!0/:-572CI!5!10/-72;/715!/!5! 60/6205!8/!F5032.!8/!56/023k/.!/.6/A-2-.!/;!605A/8-;/715.I!1@A7-A2.!/!1T1-A2.! A57102!5!1/0050-.;5p!li))+i,b"+$I!JKKsmG! #C@;!8-.15I!5!"5;2785!)?C!8/AC202!0/2C-W20!23k/.!8/!o2..-.1Q7A-2!S?;27-1T0-2p!/! 8/!:20271-2!85.!o8-0/-15.!S?;275.pG!(P/;6C5!8/.1/!1-65!8/!-71/0O/7345!@!5!605:02;2! B7#$5&)-418:&A5-8-$8-='I!A0-285!/;!LsstI!6202!o/7A502Y20!CX8/0/.!;-C-120/.!2!./0O-35!8/! :5O/075. ! 8/;5A0T1-A5. ! 2 ! 8/./7O5CO/0 ! ?;2 ! A?C1?02 ! -7.1-1?A-572C ! 8/ ! 0/.6/-15 ! 6/C5.! 8-0/-15. ! S?;275. ! 75 ! \;D-15 ! 8/ ! .?2. ! U5032.p ! l%*($I ! JKKsmG ! (.1/ ! nC1-;5I ! ?;2! -71/0F/0Q7A-2!AC202!/;!2..?715.!8/!65CX1-A2!85;@.1-A2I!21-1?8/!B?/!5.!(.1285.!i7-85.! 0/6/1/; ! 8/.8/ ! 5. ! 1/;65. ! 8/ ! >?/002 ! U0-2I ! B?2785 ! 265-2O2; ! 2. ! 8-128?02. ! C21-75= 2;/0-A272.!2!F-;!8/!;271/0!75!A57105C/!:5O/075.!2C-7S285.!25.!./?.!-71/0/../.G! + ! i))5?1S"5; ! 12;D@; ! 8/./7O5CO/ ! 23k/. ! A57102 ! 5 ! 10TF-A5 ! 8/ ! 805:2. ! / ! 5! o720A51/0050-.;5pG ! H/.1/ ! \;D-15I ! 5 ! 605:02;2 ! ;2-. ! A57S/A-85 ! @ ! 5 ! AS2;285 ! o9C275! tJ "5C[;D-2pI !-7.12?0285!/;!JKKKI!B?/!6/0;-1-? !2!-7./0345!;-C-120 !7501/=2;/0-A272 !75! "57/!)?C!2102O@.!82!-7.12C2345!8/!./1/!75O2.!D2./.!;-C-120/.!/;!1/00-1<0-5!A5C5;D-275G! ,2-.!D2./.!A57.1-1?/;!?;2!6C212F50;2!A262W!8/!:20271-0!A57105C/!2@0/5!/!2A/..5!0T6-85!Z! #;2W[7-2!/!O2.12!650345!85!1/00-1<0-5!.?C=2;/0-A275!l*(9#a,$(H,!+U!,b(!#%a! U+a"(I!JKKsmG # ! #;@0-A2 ! &21-72 ! A57A/7102 ! O2.12. ! 0/./0O2. ! 8/ ! 0/A?0.5. ! SX80-A5. ! / ! 8/! D-58-O/0.-828/I!2C@;!8/!./0!?;2!0/:-45!0-A2!/;!6/10<C/5I!5!B?/!-7./0/!2!0/:-45!75!F5A5! 85.!-71/0/../.!/.128?7-8/7./.G!d?71/=./!2!-.15!2!/C/-345!8/!:5O/075.!8/!/.B?/082I!A?Y2.! 65CX1-A2. ! / ! 605:02;2. ! .5A-2-. ! A571020-2; ! 5. ! -71/0/../. ! 8/ ! e2.S-7:157I ! 5 ! B?/ ! C/O5?! F-:?02.!85!*/62012;/715!8/!*/F/.2I!85!*/62012;/715!8/!(.1285!/!85!"5;2785!)?C!2! 8/AC2020!/.1/.!:5O/075.!o656?C-.12.p!A5;5!o75O2.!2;/232.!1/0050-.12.pG!x!2!8/F/.2!8/! ./? ! 2A/..5 ! ZB?/C2. ! 0-B?/W2. ! / ! 2 ! :20271-2 ! 8/ ! B?/ ! 5. ! :5O/075. ! 0/:-572-. ! 745 ! F?Y2;! A5;6C/12;/71/!25!A57105C/!8/!e2.S-7:157!B?/!Y?.1-F-A2;!2!-7.12C2345!8/!12712.!D2./.! /;!1/00-1<0-5!C21-75=2;/0-A275G! #0B?-O5.!./A0/15.!85!*/62012;/715!8/!(.1285!85.!(.1285.!i7-85.!C-D/0285.!/;! LsgM!8/;57.102;!2!F50;2!A5;5!5!62X.!8/F-7/!.?2.!65CX1-A2.!6202!2!#;@0-A2!&21-72I!B?/! -71/0/../.!.45!C/O285.!/;!A57.-8/02345!/!A5;5!./?!:5O/075!C-82!A5;!5.!-71/0/../.!85.! 62X./.!/!65O5.!82!0/:-45G!i;!85A?;/715!./A0/15!85!"57./CS5!8/!)/:?02732!H2A-572CI! 821285!8/!Lg!8/!;2035!8/!LsfMI!2F-0;2 bT ! ?;2 ! 1/78Q7A-2 ! 72 ! #;@0-A2 ! &21-72 ! /;! 8-0/345 ! 2 ! 0/:-;/.! 72A-572C-.12.!;271-85.I!/;!:0278/!6201/I!650!26/C5.!Z.!;2..2.! 82!656?C2345G!"57A5;-1271/;/71/I!ST!?;2 !8/;2782 !656?C20! A0/.A/71/!650!;/CS50-2.!-;/8-212.!75.!D2-P5.!7XO/-.!8/!O-82!82.! ;2..2.I !5!B?/!0/.?C12!/;!-71/7.2.!60/..k/.!65CX1-A2.!-71/072.! .5D0/!5.!:5O/075.!C21-75=2;/0-A275.!6202!B?/!2?;/71/;!.?2! 6058?345!/!8-O/0.-F-B?/;!.?2.!/A575;-2.G n(@a;ED<@ND*CR*'D;D@[*&@>;Wv@A*#ND@EN;O=CN;=A*BCA*%AD;BCA* !N=BCA[*Lbif[o &5:5!/;!./:?-82I!D?.A2785!;/-5.!8/!;?820!/.12!1/78Q7A-2!B?/!./!260/./712!75.! :5O/075. !82!0/:-45 !8/!285120!65CX1-A2. !;2-. !72A-572C-.12. !/!O5C1282. !Z!;/CS50-2 !82.! A578-3k/.!8/!O-82!8/!.?2.!656?C23k/.I!5!*/62012;/715!8/!(.1285!C-.12!5.!5DY/1-O5.!85.! (.1285.!i7-85.!72!#;@0-A2!&21-72G!*/710/!5.!B?2-.!/.12O2;E 2m # ! 0/8?345 ! /! /C-;-72345 !82 ! 2;/232 !8/ !A5;?7-.;5 !/ ! 5?102. ! .?DO/0.k/. !271-= 2;/0-A272.R tM Dm #8/B?20!2!6058?345!C21-75=2;/0-A272!/!5!2A/..5!85.!(.1285.!i7-85.!2!;21@0-2.= 60-;2.!/../7A-2-.!Z!./:?02732!/.128?7-8/7./R Am # ! 628057-W2345 ! 82. ! 50:27-W23k/.I ! 10/-72;/715I ! 85?10-72 ! / ! /B?-62;/715.! ;-C-120/.!C21-75=2;/0-A272.!8/!2A5085!A5;!5!;58/C5!85.!(.1285.!i7-85.R "5;!5.!5DY/1-O5.!/.6/A-F-A285.I!5!85A?;/715!.?:/0/I!650!F-;I!23k/.!2!./0/;! 15;282.!2!F-;!8/!/O-120!B?/!2!1/78Q7A-2!C21-75=2;/0-A272!8/!D?.A20!2!;/CS50-2!8/!.?2.! A578-3k/.!A571-7?/E 2m $2-50 ! ?1-C-W2345 ! 82 ! +0:27-W2345 ! 85. ! (.1285. ! #;/0-A275. ! A5;5 ! ;/-5 ! 6202! 21-7:-0 ! 75..5. ! 5DY/1-O5.I ! 5 ! B?/ ! 2F2.120T ! 2 ! 2620Q7A-2 ! 8/ ! 2345 ! ?7-C21/02C ! /! -8/71-F-A20T!75..5.!-71/0/../.!A5;!2B?/C/.!85.!5?105.!(.1285.!2;/0-A275.R Dm */1/0;-720!5!;571271/!82!2..-.1Q7A-2!85!265-5!/.128?7-8/7./!2!(.1285.!C21-75= 2;/0-A275.!/.6/AXF-A5.!C/O2785!/;!A57.-8/02345!2!8-.65.-345!/!S2D-C-828/!8/C/.! /;!A556/020!A5;!5.!(.1285.!i7-85.!72!A57./A?345!8/!5DY/1-O5.!A5;?7.R Am 90/.120!2..-.1Q7A-2!2102O@.!82!+0:27-W2345!85.!(.1285.!#;/0-A275.I!5?!2102O@.! 8/!;/-5.!.-;-C20/.!B?/!65..2;!/.120!8-.657XO/-.I!ZB?/C/.!(.1285.!2;/0-A275.! B?/!/.1/Y2;!0/.-.1-785!Z!60/..45!8/!./?. !O-W-7S5. !./;60/ !B?/!/.12.!60/..k/.! F50/; ! A5710T0-2. ! 25. ! -71/0/../. ! 85. ! (.1285. ! i7-85. ! / ! 85 ! .-.1/;2 ! -71/0= 2;/0-A275G!liG)G!*(9#a,$(H,!+U!),#,(I!LsgMm $2-. ! 8/ ! ;/-5 ! .@A?C5 ! 8/65-. ! 8/ ! 5. ! (.1285. ! i7-85. ! 8/;57.1020/; ! 12-.! 60/5A?623k/.I ! .?2. ! A57.-8/023k/. ! .5D0/ ! 2 ! #;@0-A2 ! &21-72 ! / ! .?2. ! -71/73k/. ! 8/! 85;-72345!745!;?8202;!;?-15G!(;!8/65-;/715!25!"5;-1Q!82.!U5032.!#0;282.I!/;! ;2035!8/!JKKNI!5!:/7/02C!d2;/.!,G!b-CCI!B?/!A5;2785?!5!i))5?1S"5;!/710/!JKKJ!/! JKKNI!2F-0;5?!B?/! 2C:?7. ! CX8/0/. ! 0/:-572-. ! ./ ! 2:2002; ! 2 ! 605F?782. ! F0?.1023k/.! A2?.282.!6/C5!F02A2..5!82.!0/F50;2.!8/;5A0T1-A2.!/;!:20271-0! D/7. ! / ! ./0O-35.G ! #5 ! ./ ! 2:20020/; ! 2 ! /.12. ! F0?.1023k/.I ! B?/! A57A500/; ! A5; ! F0?.1023k/. ! A2?.282. ! 6/C2 ! 8/.-:?2C828/! /A57[;-A2 ! / ! .5A-2CI ! /.1/. ! CX8/0/. ! .45 ! A262W/. ! 8/I ! 12;D@;I! 0/F50320!.?2.!65.-3k/.!028-A2-.I!25!-7FC2;20!./71-;/715.!271-= 2;/0-A275.G *n7@N@E;>*U;<@A*.[*2=>>I*@<*B@aC=<@NDC*;C*0C<=Dw*B;A* +CEW;A*)E<;B;AI*B;*0s<;E;*+@B@E;>[*-;EWCI*JKKho tN "/012;/71/I!25!2F-0;20!5!oF02A2..5!82.!0/F50;2.!8/;5A0T1-A2.!/;!:20271-0!D/7.! /!./0O-35.p!5!:/7/02C!b-CC!745!./!0/F/0/!Z!:20271-2!8/!D/7.!/!./0O-35.!Z.!656?C23k/.! C21-75=2;/0-A272.I ! B?/ ! 8/.8/ ! B?/ ! 6?./02; ! F-; ! Z. ! 8-128?02. ! ;-C-120/. ! 265-282. ! 650! e2.S-7:157 ! 1Q; ! /P6/0-;/71285 ! 2O2735. ! .5A-2-. ! / ! /A57[;-A5. ! B?/ ! CS/. ! 6/0;-1-02;! 15;20/;!2!F0/71/!82!8/F-7-345!8/!./?.!0?;5.!/!5DY/1-O5.G #!8/A/6345 !85!:/7/02C !b-CC!A5;!5. !0?;5. !82!65CX1-A2 !C21-75=2;/0-A272 !8/O/! 0/F/0-0=./!25!F215!8/!B?/I!8/8-A285.!Z!.21-.F2345!85.!-71/0/../.!8/!.?2.!656?C23k/.I!5.! :5O/075. ! C21-75=2;/0-A275. ! YT ! 745 ! ./ ! /;6/7S2; ! 145 ! 8/8-A282;/71/ ! Z ! 6058?345 ! 8/! o;21@0-2.=60-;2. ! /../7A-2-. ! Z ! ./:?02732 ! /.128?7-8/7./pG ! _?/ ! 5. ! :5O/075. ! C21-75= 2;/0-A275.!620/;!8/!./:?-0!2.!8-0/10-W/.!8/!e2.S-7:157!/!62../;!2!26C-A20!2!;2-50! 6201/!8/!./?.!0/A?0.5.!72!;/CS50-2!82.!A578-3k/.!8/!O-82!8/!.?2.!60<60-2.!656?C23k/.!@! 2!;2-50!2;/232!B?/!658/!.?0:-0!25.!-71/0/../.!/.128?7-8/7./.G ,2;D@; ! 5. ! 605:02;2. ! 8/ ! 10/-72;/715 ! B?/ ! 5. ! (.1285. ! i7-85. ! 5F/0/A/; ! 25.! ;-C-120/.!C21-75=2;/0-A275.!:27S2;!75O2.!A50/.!25!./0/;!C/O282.!/;!A57.-8/02345!.?2.! -71/73k/.!YT!145!271-:2.!8/!628057-W20!2.!50:27-W23k/.I!5!10/-72;/715I!2!85?10-72!/!5.! /B?-62;/715. ! ;-C-120/. ! C21-75=2;/0-A275. ! 8/ ! 2A5085 ! A5; ! ./? ! ;58/C5 ! liG)G! *(9#a,$(H,!+U!),#,(I!LsfMmG!i;!5?105!85A?;/715!85!;/.;5!<0:45I!821285!8/! Lg!8/!2D0-C!8/!LsfqI!8/1/0;-72!B?/I!6202!/.10/-120!2.!0/C23k/.!/710/!./?.!;-C-120/.!/!5.! ;-C-120/.!C21-75=2;/0-A275.I!8/O/=./ 2m #?;/7120!2.!A512.!6202!10/-72;/715!72.!/.A5C2.!/!A/7105.!8/!10/-72;/715.!82.! U5032.!#0;282.!85.!(.1285.!i7-85.!8/!6/..52C!C21-75=2;/0-A275!B?2C-F-A285R! /7A502Y20!62X./.!C21-75=2;/0-A275. !2!60//7AS/0!.?2.!A512.!2?150-W282. !6202!2.! 2A28/;-2.!72O2CI!85!(P@0A-15!/!82!U5032!#@0/2R!/ Dm (.1-;?C20 ! 0/C23k/. ! ;2-. ! 60<P-;2. ! /710/ ! 5. ! ;-C-120/. ! /.128?7-8/7./. ! / ! C21-75= 2;/0-A275. !8/!;585!2!2?;/7120 !.?2!A5;60//7.45 !85.!5DY/1-O5.!85.!(.1285.! i7-85. ! / ! .?2 ! 50-/712345 ! /; ! 8/F/.2 ! 8/C/.I ! 0/A57S/A/785 ! B?/ ! 2. ! -7.1-1?-3k/.! ;-C-120/.!8/!:0278/!6201/!85.!62X./.!82!#;@0-A2!&21-72!/P/0A/;!626/C!8/!:0278/! -7FC?Q7A-2!75!:5O/075G "5;5 ! 75 ! A2.5 ! 82 ! 0/605O2345 ! 2 ! :5O/075. ! 8/ ! /.B?/082I ! B?/ ! A571020-2; ! ./?.! -71/0/../.I!12;D@;!2!65CX1-A2!8/!85?10-72345!85.!;-C-120/.!C21-75=2;/0-A275.!8/!2A5085! A5;!./?!;58/C5!745!.5F0/?!:0278/.!;?82732.!8/.8/!2!>?/002!U0-2G!+!eb%H)("I!/P= (.A5C2 !82. !#;@0-A2.I!A571-7?2!A5;!2!;-..45 !8/!605;5O/0 !2!oA556/02345!8/!F5032.! ;-C-120/.!;?C1-72A-572-.!72!#;@0-A2!&21-72I!2C@;!8/!2?;/7120!5!A57S/A-;/715!C21-75= tf 2;/0-A275!85.!A5.1?;/.!/!1028-3k/.!82.!F5032.!20;282.!85.!(.1285.!i7-85.pG!$?82!5! -7-;-:5!B?/!Y?.1-F-A2!.?2.!23k/.!h!271/.I!5!"5;?7-.;5R!2:502I!5!1/0050-.;5!hI!282612;= ./ ! 5. ! ;/-5. ! h ! 271/.I ! 05D?.12. ! D2./. ! ;-C-120/.R ! 2:502I ! "&).I ! U+&. ! / ! $+`. ! hI! 6/0;27/A/;!5.!-71/0/../.!72!#;@0-A2!&21-72E!5!2A/..5!./;!5D.1TA?C5.!25.!0/A?0.5.! 721?02-.!82!0/:-45!/!2!./?.!;/0A285.I!B?/!A5710-D?/;!6202!2!/P627.45!/A57[;-A2!85.! (.1285.!i7-85.G #!#;@0-A2!85!)?C!2D0-:2!2!./:?782!;2-50!0/./0O2!8/!T:?2!85A/!85!;?785I!5! #B?XF/05!>?2027-I!B?/!./!/.1/78/!6/C5!`02.-CI!#0:/71-72I!9202:?2-!/!i0?:?2-R!/!5!0-5! #;2W572.I!5!./:?785!;2-50!85!;?785G!#!#;@0-A2!&21-72I!B?/!A57.1-1?-!26/72.!g•!82! 656?C2345 ! ;?78-2CI ! A57A/7102 ! ML• ! 85 ! 1512C ! 8/ ! 0/A?0.5. ! 8/ ! T:?2 ! 85A/ ! 85 ! ;?785R! .5W-7S5I!5!`02.-C!0/.6578/!650!JK•!85!1512C!;?78-2C!le%&^%H)+HI!./;!8212m +?105!F2150!8/!-71/0/../!85.!(.1285.!i7-85.!72!0/:-45!@!2!D-58-O/0.-828/G!*/! 2A5085!A5;!5!905:02;2!82.!H23k/.!i7-82.!6202!5!$/-5!#;D-/71/I!2!#;@0-A2!&21-72! 2D0-:2!tK•!8/!1582.!2.!F50;2.!8/!O-82!82!,/002G!)/:?785!2!+0:27-W2345!82.!H23k/.! i7-82.!6202!#:0-A?C1?02!/!#C-;/712345I!2!0/:-45!A57A/7102!5!;2-50!7n;/05!8/!FC50/.12.! 8/8-A282.!Z!A57./0O2345!82!D-58-O/0.-828/I!1/785!Jq•!82.!1/002.!85!;?785!8/8-A282.!Z! 60/./0O2345G! _?2715 ! 25 ! 6/10<C/5I ! ./:?785 ! 2 !+0:27-W2345 ! &21-75=#;/0-A272 ! 8/ ! (7/0:-2! l+&#*(mI ! 2 ! 0/:-45 ! 8/1@; ! s• ! 82. ! 0/./0O2. ! 6/105CXF/02. ! ;?78-2-.I ! 0/60/./712785 ! 2! 1/0A/-02!;2-50!0/./0O2!85!;?785G!#!'/7/W?/C2I!N‰!;2-50!F507/A/850!85!A5;D?.1XO/C!25.! (.1285.!i7-85.I!0/.6578/785!650!/710/!Lf!/!Ls•!8/!.?2.!-;650123k/.I!1/;!q•!85!1512C! ;?78-2C!8/!6/10<C/5G!H5!`02.-CI!2!/P6C502345!85!60@=.2C!8/O/!A5C5A20!5!62X.!/710/!5.!LK! ;2-50/.!6058?150/.!85!;?785G! "5; ! ?; ! 75O5 ! -7-;-:5 ! 6202 ! Y?.1-F-A20 ! .?2. ! 23k/. ! ;-C-120/.I ! -8/71-F-A285. ! 5.! -71/0/../.!2!./0/;!8/F/78-85.I!8/./7S282!75O2!/.1021@:-2I!5.!(.1285.!i7-85.!62..202;!2! /.62CS20!.?2.!75O2.!-7.12C23k/.!2102O@.!82!#;@0-A2!&21-72G!#:502I!./:?785!.?2!75O2! /.1021@:-2 ! ;-C-120I ! A5; ! -7.12C23k/. ! ;/750/.R ! ;/75. ! O-.XO/-.R ! /; ! 62X./. ! B?/ ! CS/.! 6/0;-1/;!2!6/0;27Q7A-2!2102O@.!8/!2A5085.!D-C21/02-.R!./;!.2C120!25.!5CS5.!/!605O5A20! 5.!\7-;5.!82.!656?C23k/.!C5A2-.R!D/;!60<P-;5!85.!F5A5.!8/!./?.!-71/0/../.I!6202!B?/!2! 0/.65.12!/;!A2.5!8/!2;/232!65..2!./0!260/./71282!5!;2-.!0T6-85!65..XO/CG!U5-!2..-;! B?/I ! 8/65-. ! 82 ! >?/002 ! U0-2I ! 2 ! #;@0-A2 ! &21-72 ! O-? ! ./ ! ;?C1-6C-A20/; ! 2. ! -7.12C23k/.! ;-C-120/.!85.!(.1285.!i7-85.!/;!./?!1/00-1<0-5G! #71X:?2!Ž!`20D?82!2D0-:2!?;2!")&!8/!KIqsr;•!lU515!tm!-7.12C282!2102O@.!8/! 2A5085!A5;!5!:5O/075!85!62X.G!&5A2C-W282!6/015!85!2/0565015!-71/072A-572C!'G"G!`-08I! tq B?/!YT!F5-!?;2!D2./!;-C-120!/.128?7-8/7./I!/710/!LsNL!/!LsNgI!2!")&!F?7A-572!A5;5! ?;2 ! /.12345 ! 8/ ! ;57-1502;/715 ! 8/ ! .21@C-1/. ! / ! @ ! ?.282 ! 6202 ! ;-..k/. ! /.62A-2-. ! / ! 8/! A5;?7-A2345G!+!2A5085!85.!(.1285.!i7-85.!A5;!#71X:?2!Ž!`20D?82!/7O5CO/!12;D@;!5! /7O-5 ! 8/ ! o2Y?82 ! S?;27-1T0-2p ! 6202 ! .5A5005 ! 2 ! OX1-;2. ! 8/ ! 8/.2.10/. ! 721?02-. ! / ! 2! 0/A57.10?345 ! 85 ! 62X. ! 2102O@. ! 85 ! 2?PXC-5 ! 85 ! `27A5 ! $?78-2C ! / ! 85 ! `27A5 ! 8/! */./7O5CO-;/715!85!"20-D/G!+!62X.!0/A/D/!2-782!o2..-.1Q7A-2!75!A5;D21/!Z.!805:2.!/!./! D/7/F-A-2 ! 8/ ! /P/0AXA-5. ! ;-C-120/. ! 85. ! (.1285. ! i7-85.pI ! -.15I ! 8/ ! 2A5085 ! A5; ! 5! */62012;/715 ! 8/ ! */F/.2 ! /.128?7-8/7./G ! (; ! O/0828/I ! 2 ! -CS2 ! 745 ! 1/O/ ! :0278/.! 65..-D-C-828/.!8/!/.A5CS2!25!7/:5A-20!A5;!e2.S-7:157!2!6/0;27Q7A-2!8/!?;2!D2./!/;! ./?!1/00-1<0-5E!/;!LsssI!5.!(.1285.!i7-85.!A501202;!5!/7O-5!8/!F?785.!25!62X.!650!A5712! 8/ ! o60/5A?623k/. ! A5; ! 2 ! F2C12 ! 8/ ! 0/:?C2345 ! 28/B?282 ! 75 ! ./150 ! F-727A/-05pG ! #! 8/6/78Q7A-2!/A57[;-A2!2-782!@!?;!85.!;/-5.!;2-.!?1-C-W285.!6/C5.!(.1285.!i7-85.! 6202!:20271-0!2!.21-.F2345!8/!.?2.!O57128/.!/!2!8/F/.2!8/!./?.!-71/0/../.G!#!8/.6/-15!82! 0/.-.1Q7A-2!271-:?272!/;!A571-7?20!2D0-:2785!2.!F5032.!/.128?7-8/7./.!/;!./?!1/00-1<0-5I! 2!8/6/78Q7A-2!85.!F-727A-2;/715.!O-785.!8/!e2.S-7:157!8/-P5?=CS/.!65?A2!/.A5CS2!/!5! 2A5085!60565.15!6/C5!9/71T:575!F5-!2A21285!liG)G!*(9#a,$(H,!+U!),#,(I!JKLLmG! +CDC*`Z! a2820!/.128?7-8/7./!/;!#71X:?2!Ž!`20D?82I!25!C285!85!n7-A5!2/0565015!82!-CS2!8/! #71X:?2G +CND@Z!>55:C/!(201S tt +CDC*iZ!")&!85.!(.1285.!i7-85.!/;!#71X:?2!Ž!`20D?82G +CND@Z!>55:C/!(201S #0?D2 ! 1/; ! ?;2 ! U+& ! /; ! ./? ! 1/00-1<0-5G ! */ ! 2A5085 ! A5; ! 5 !/075.-( & 05& B'#-:*1'"-.&!CC$-":!h!"+b#JtI!2!-7.12C2345!@!?.282!6202!-71/08-345!85!10TF-A5!8/!805:2.! 650!O-2!2@0/2!/!;20X1-;2R!8285.!.5D0/!2!T0/2!82!D2./!745!.45!8-.657-D-C-W285.G!+!/F/1-O5! 8/.12A285!6202!/.12!-7.12C2345!@!8/!26/72.!Lf!;-C-120/.!6/0;27/71/.I!Jf!605F-..-572-.! 8/.12A285.!6202!;27?1/7345!/!85-.!5?!10Q.!6/B?/75.!2O-k/.G!#!-7.12C2345!F5-!7/:5A-282! A5; ! 5 ! :5O/075 !82 !-CS2 !8/65-. ! B?/! 2 !`2./ !#@0/2 ! b5c208 !1/O/ !8/ !./0 !0/;5O-82 !85! 9272;TG!(.12!U+&!@!26/72.!;2-.!?;2!82.!B?/!F502;!/.12D/C/A-82.!6202!.?D.1-1?-0!2.! F?73k/. ! /P/0A-82. ! 6/C2 ! b5c208G ! H5 ! 2A5085 ! 6202 ! .?2 ! -7.12C2345I ! 5. ! (.1285. ! i7-85.! 265712;!A5;5!;51-O5!5!8/./Y5!8/!o:20271-0!5!;2-50!:02?!8/!./:?02732!75!1027.6501/! 2@0/5!-71/072A-572Cp!/!o0/2F-0;2!.?2.!60/5A?623k/.!A5;!5.!215.!5?!2;/232.!A57102!2! ./:?02732 ! 85. ! 2O-k/.I ! B?/ ! 2;/232 ! 2 ! ./:?02732 ! 82. ! 6/..52. ! / ! 60560-/828/.I ! 2F/12! 7/:21-O2;/71/ ! 5 ! 1027.6501/ ! 2@0/5 ! / ! 2D2C2 ! 2 ! A57F-2732 ! 82. ! 6/..52. ! 72 ! ./:?02732 ! 82! 2O-2345 ! A-O-CpG ! # ! 656?C2345 ! 8/ ! #0?D2I ! /710/12715I ! 745 ! ./ ! A57O/7A/? ! 85. ! ;51-O5.! 260/./71285.!650!e2.S-7:157!/I!B?2785!2O-k/.!8/!:?/002!/.128?7-8/7./.!A5;/3202;!2! 6021-A20!/P/0AXA-5.!2102O@.!82!-CS2I!2!656?C2345!F-A5?!2-782!;2-.!8/.A57F-282!8/!B?/! 2B?-C5!/02!;2-.!85!B?/!?;2!56/02345!A57102!805:2.G!920/A-2!6?02!60/./732!;-C-120!l)+#! e#,"bI!JKLLR!iG)G!*(9#a,$(H,!+U!),#,(I!JKLLmG! Jt ! U?78285 !/; !LstfI!5!"+b# !@!?;2!50:27-W2345 !8/!6/.B?-.2. !B?/ !O-.2 !2!o605;5O/0 !5. !-71/0/../.! S/;-.F@0-A5.!A5;?7.I!820!O-.-D-C-828/!25.!2..?715.!0/:-572-.!/!/C/O20!2!-;6501\7A-2!85!0/C2A-572;/715! -71/02;/0-A275I!D/;!A5;5!/7A502Y20!2!F50;?C2345!8/!65CX1-A2.!A57.10?1-O2.!/!02A-572-.!85.!(i#!6202!2! #;@0-A2!&21-72pG tg H2. ! `2S2;2.I ! 5. ! (.1285. ! i7-85. ! 1Q; ! ./-. ! -7.12C23k/.G ! */710/ ! /C2.I ! 2 ! `2./! 90-7A-62C!85!#i,("!/!5!#i,("!)2CO2850G!#i,(".!l2D0/O-21?02!8/!!8($58-.&95%'":'$& ;':8 & $5% &<=$(7$8-05 & /'58'"m! .45! C2D5021<0-5. ! B?/ !0/2C-W2; !2 !;/8-345 ! 8/ !102Y/1<0-2.! 10-8-;/7.-572-.!S-805!/!2/05/.62A-2-.I!?.282.!6/C5.!(.1285.!i7-85.!6202!1/.120!.5720/.!/! .?2.! 1@A7-A2. !8/!A5;D21/ !72O2CG!#C@;!82. !#i,(".I!B?2105!")&.!./!C5A2C-W2;!72.! `2S2;2.G # ! "5C[;D-2 ! 1/; ! LK ! -7.12C23k/. ! /.128?7-8/7./.E ! 10Q. ! D2./. ! 82 ! U5032 ! #@0/2E! $2C2;D5! l7501/mI !92C27B?/05! lA/7105m ! / !#6-2]! lC/.1/mR ! 8?2. ! D2./. ! 85 ! (P@0A-15E ! /;! ,5C/;2-82! lA/7105m!/ !&20278-2 !l.?CmR!/!8?2.!D2./.!72O2-.E !"2012:/72! l7501/I!.5D0/!5! #1C\71-A5m ! / !$TC2:2! l5/.1/I ! 75 ! 92AXF-A5o[ *#02?A2I ! B?/ ! 0/2C-W2 ! O-:-C\7A-2 ! 82 ! -7F02= /.10?1?02!6/105CXF/02R!5!U501/!$-C-120!&20278-2I!B?/!./0O/!A5;5!D2./!8/!S/C-A<61/05.!85.! (.1285.!i7-85.R!2C@;!82!`2./*;-C-120!,0Q.!(.B?-72.I*578/!F?7A-572;!2!a/8/!8/!a2820! 82!`2A-2!85!"20-D/*l/$"-,,'$5&!"'$&)$%$"&Q"04"$#!h!"`aHm!/!5*"/7105!"57Y?715!8/! %71/C-:Q7A-2G H5!(B?2850I!5.!(.1285.!i7-85.!?1-C-W202;!650!?;2!8@A282!2!`2./!8/!$2712! l$262! qmI!B?/I!/;D502!8/.21-O282 !/;!JKKs!h!8/65-. !B?/!5!:5O/075!/B?2150-275 !./! 7/:5? ! 2 ! 0/75O20 ! 5 ! 2A5085 ! D-C21/02C ! hI ! 2-782 ! 2620/A/ ! 75 ! 0/C21<0-5 ! 8/ ! D2./. ! 85! */62012;/715 ! 8/ ! */F/.2G ! + ! 2A5085 ! 6202 ! -7.12C2345 ! 82 ! D2./ ! 8/ ! $2712 ! O/-5 ! /; ! ?;! ;5;/715 ! A2<1-A5 ! 82 ! 65CX1-A2 ! 85 ! (B?2850G ! (710/ ! 2. ! 8@A282. ! 8/ ! LssK ! / ! JKKKI ! 2! -7.12D-C-828/!65CX1-A2!;20A5?!5!62X.G! */ ! Lsst ! 2 ! JKKfI ! F502; ! 10Q. ! 60/.-8/71/. ! B?/ ! 745 ! A?;60-02; ! ./?. ! ;278215.E! #D82C2!`?A202;!/P/0A/?!5!A20:5!/710/!2:5.15!8/!Lssq!/!F/O/0/-05!8/!LsstI!B?2785!F5-! 8/65.15!6/C5!"57:0/..5!.5D!2C/:2345!8/!-7A262A-828/!;/712C!/!/P-C5?=./!75!9272;TR!2! 60/.-8Q7A-2I!/7145I!F5-!5A?6282!8/!F50;2!-71/0-72!650!U2D-T7!#C20A<7!lq!2!s!8/!F/O/0/-05! 8/! LsstmI!a5.2C-72 !#01/2:2!)/00275!l8/!s!2!LL!8/!F/O/0/-05 !8/!Lsstm!/!75O2;/71/! U2D-T7!#C20A<7!l8/!LL!8/!F/O/0/-05!8/!Lsst!2!LK!8/!2:5.15!8/!LssgmG!(C/-15I!d2;-C! $2S?28!6/0;27/A/?!75!A20:5!8/!LK!8/!2:5.15!8/!Lssg!2!JL!8/!Y27/-05!8/!JKKKI!B?2785! F5- ! 8/65.15 ! 650 ! ?;2 ! 0/D/C-45 ! ;-C-120=-78X:/72 ! C-8/0282 ! 6/C5 ! A5057/C ! &?A-5 ! (8c-7! >?1-@00/W!`50Dn2G!*?0271/!./?!:5O/075I!;2-.!8/!LK!D27A5.!85!62X.!F502;!Z!F2CQ7A-2G! 9202!.5A500Q=C5.I!$2S?28!?1-C-W5?!0/A?0.5.!6nDC-A5.I!A57:/C5?!8/6<.-15.!D27AT0-5.I!2! -7FC2345!8-.6205?!/!2!;5/82!72A-572C!./!8/.O2C50-W5?!F0/71/!25!8<C20G!*/.2.10/.!721?02-.! /!2!B?/82!85!60/35!85!D200-C!85!6/10<C/5I!2C-285.!Z!A0-./!-71/072!C/O202;!5!62X.!Z!.?2!6-50! A0-./!/A57[;-A2G!*/65.15I!$2S?28!F5-!.?D.1-1?X85!650!>?.12O5!H5D52I!B?/!:5O/075?!8/! JJ!8/!Y27/-05!8/!JKKK!2!Lf!8/!Y27/-05!8/!JKKMG!H5D52!A57O5A5?!/C/-3k/.I!72.!B?2-.!F5-! ts /C/-15!5!/P=CX8/0!82!0/D/C-45!-78X:/72=;-C-120I!&?A-5!(8c-7!>?1-@00/W!`50Dn2G!H5!A20:5I! >?1-@00/W!1/715?!.?D.1-1?-0!Y?XW/.!/;!10Q.!82.!;2-.!2C12.!A501/.!85!62X.I!/!.5D!-71/7.5.! 6051/.15.!656?C20/.I!F5-!0/;5O-85!6/C5!"57:0/..5!l)((&^(I!JKKgmG! i; ! 0/C21<0-5 ! 82 ! +(# ! 265715? ! B?/I ! /710/ ! Lsss ! / ! JKKKI ! o5. ! D2-P5. ! O2C50/.! .5A-5/A57[;-A5.!85!(B?2850!A0-202;!:0278/!8/.A571/712;/715!72!656?C2345I!B?/!./! 1028?W-? !/;!:0/O/.!/!;5D-C-W23k/. !.5A-2-.pG!#!.-1?2345!8/!A0-./!85!62X.I!./:?785!5! 0/C21<0-5I ! 658/0-2 ! ./0 ! 2?F/0-82 ! 2102O@. ! 85. ! ./:?-71/. ! 7n;/05.E ! 2 ! -7FC2345 ! .?D-? ! 6202! qKIt•!/;!Lsss!/!/;!JKKK!21-7:-?!tgIL•R!5!9%`!A2-?!t!65715.!/;!LsssI!2!0/A/..45! F-A5?!/;!tIf•!/!2!8XO-82!/P1/072!.?6/05?!5.!i€!LM!;-CSk/.R!5.!7XO/-.!8/!8/./;60/:5! .?D-02;!6202!Lt•!/!qJIf•!85.!S2D-1271/.!85!62X.!/.12O2;!O-O/785!2D2-P5!82!C-7S2!8/! 65D0/W2!l+a>#H%~#,%+H!+U!#$(a%"#H!),#,()I!./;!8212mG (; ! ;2035 ! 8/ ! LsssI ! 2 ! A0-./ ! F-727A/-02 ! C/O5? ! 5 ! :5O/075 ! 2 ! F/AS20 ! Ms ! D27A5.! A5;/0A-2-.!/;!26/72.!?;2!./;272G!H2B?/C/!;/.;5!;Q.I!5!60/.-8/71/!$2S?28!8/A0/15?! /.1285 ! 8/ ! /;/0:Q7A-2 ! 650 ! qK ! 8-2. ! / ! C2735? ! ?; ! 62A51/ ! 8/ ! 2?.1/0-828/G ! ,2P-.12.! DC5B?/202;!2.!/.10282.!85!62X.!6202!6051/.120!A57102!5!2?;/715!8/!;2-.!8/!JKK•!75! 60/35 ! 85. ! A5;D?.1XO/-. ! 27?7A-285 ! 6/C5 ! 6C275 ! 8/ ! 2?.1/0-828/G ! $5150-.12. ! 8/ ! [7-D?.! 28/0-02;!25!6051/.15!85.!12P-.12.I!6202C-.2785!5!.-.1/;2!8/!1027.6501/!6nDC-A5G!(;!f!8/! Y27/-05!8/!JKKKI!$2S?28!8/A0/15?!/.1285!8/!/;/0:Q7A-2!/;!1585!5!62X.R!/;!s!8/!Y27/-05! 85!;/.;5!275I!6056[.!2!85C20-W2345!82!/A575;-2!85!62X.I!2!656?C2345!6051/.15?!A57102! 2!6/082!8/!658/0!2B?-.-1-O5!/!5!60/.-8/71/!85!`27A5!"/7102C!0/7?7A-5?!/;!6051/.15! A57102!2!85C20-W2345G (; !;2035 !8/!LsstI!?;!0/C21<0-5 !.5D0/!2!.-1?2345 !85. !*-0/-15. !b?;275. !75! (B?2850I!265715?!B?/!N!;-CSk/.!8/!/B?2150-275.I!/;!?;2!656?C2345!8/!LJIf!;-CSk/.I! .5D0/O-O-2; ! A5; ! ?; ! .2CT0-5 ! 8/ ! i€ ! Nf ! ;/7.2-.I ! /7B?2715 ! 2 ! A/.12 ! DT.-A2 ! A?.12O2! 2605P-;282;/71/ ! i€JKKG ! (; ! 0/.65.12 ! 2 ! /.12 ! .-1?2345I ! 2 ! "57F/8/02345 ! 8/! H2A-572C-828/. !%78X:/72. !85! (B?2850! h!"+H#%( !/ !2! "5508/72345 !8/ !$5O-;/715.! )5A-2-.!h!"$)!A57O5A5?!5.!65O5.!-78X:/72.!6202!?;!6051/.15!/;!Lf!8/!Y27/-05!8/! JKKKG!+!6051/.15!A5-7A-8-2!A5;!5!8-.A?0.5!8/!$2S?28!Z!72345!75!"57:0/..5I!/!6/8-2! 745 ! 26/72. !2!0/7n7A-2 !85!60/.-8/71/I !;2. !12;D@; !2!8-..5C?345 !85!"57:0/..5!/ !85! d?8-A-T0-5I!B?/!5.!6051/.1271/.!A57.-8/02O2;!0/.657.TO/-.!6/C2!A0-./!/A57[;-A2G!d?715! A5;!2!8/AC202345!8/!/.1285!8/!/;/0:Q7A-2I!$2S?28!A57O5A5?!MK!;-C!65C-A-2-.!/!5F-A-2-.! ;-C-120/.!6202!?;2!;5D-C-W2345!6/C2.!0?2.!85!62X.I!A5;5!;/8-82!8/!60/A2?345G!H5.!8-2.! B?/ ! 271/A/8/02; ! 5 ! 6051/.15 ! -78X:/72I ! 2 ! 95CXA-2 ! H2A-572C ! 0/65012 ! 2 ! 60-.45 ! 8/ ! LfJ! A-82845.I!8/710/!/C/.I!gM!;/750/.!8/!-828/!/!qs!28?C15.G!*/7105!8/!Ng!S502.I!qq!;/750/.! gK F502;!C-D/0285.!/!5?105.!Lt!F502;!;271-85.!60/.5.!.5D!2C/:2345!8/!B?/!A200/:2O2;! 20;2.!/!;?7-345!8?0271/!6051/.15.!8/!/.1?8271/.G!(;!Lt!8/!Y27/-05I!102D2CS2850/.!82! -78n.10-2 !85!6/10<C/5 !-7-A-202; !?;2 !:0/O/!A57102!5!:5O/075G!*/65-.!8/!./;272. !8/! O-5C/715. ! 6051/.15.I ! 5 ! 60/.-8/71/ ! $2S?28 ! F5- ! 0/;5O-85 ! 85 ! A20:5 ! 6/C5 ! "57:0/..5 ! /! .?D.1-1?X85!6/C5!A5057/C!&?A-5!>?1-@00/WG! ,2-.!/02;!2.!A578-3k/.!85!(B?2850!B?2785!5.!(.1285.!i7-85.!5F/0/A/02;!?;! 2A5085!8/!A556/02345!/;!./:?02732!/710/!5.!85-.!62X./.I!B?/!CS/.!:20271-0-2I!650!?;2! 8@A282!5!?.5!82.!-7.12C23k/.!82!D2./!8/!$2712!lU515!smG -;a;*mZ!`2./!8/!$2712I!(B?2850 +CND@Z!>55:C/!(201S gL +CDC*bZ!`2./!#@0/2!(C5]!#CF205!l$2712mI!(B?2850 +CND@Z!>55:C/!(201S + ! 9/0? ! 2D0-:2 ! 85-. ! 8-.65.-1-O5. ! /.128?7-8/7./.E ! 5 ! "/7105 ! H2O2C ! 8/! 9/.B?-.2! $@8-A2!/!5!*(,!l*/62012;/715!8/!(8?A2345!/!,0/-72;/715mI!/;!&-;2G (;!95015!a-A5I!8/!2A5085!A5;!5!*/62012;/715!8/!*/F/.2I* ST!Ms!-7.12C23k/.I! B?/ ! 6/0F2W/; ! ?; ! 1512C ! 8/ ! LKt ! r;•G ! H51/=./ ! B?/ ! :0278/ ! 6201/ ! 82. ! -7.12C23k/. ! 85! "5;6C/P5 ! 85 ! "272C ! 85 ! 9272;T ! ./ ! 8/.C5A5? ! 6202 ! 2XI ! A5;5 ! F5- ! 5 ! A2.5 ! 85 ! U501/! `?AS2727G (C !)2CO2850 !/!9202:?2- !1Q; !?;!65.15!8/!56/023k/. !2O273282. !A282R !/!"?D2! 2D0-:2!2!D2./!8/!>?271T72;5I!8/!B?/!10212;5.!/;!A26X1?C5!271/0-50G #!-7.12C2345!75!9202:?2-!@!2!`2./!$20/AS2C!(.1-:200-D-2I!B?/!1/;!A262A-828/! 6202!2C5Y20!JK!;-C!.5C8285.!/.128?7-8/7./.!/!A5712!A5;!?;2!6-.12!8/!65?.5!8/!MGgKK! ;/105.I!5!B?/!2!A262A-12!6202!0/A/D/0!21@!;/.;5!5.!;2-50/.!2O-k/.!82!U5032!#@0/2!85.! (.1285. ! i7-85.G ! H2 ! /.1021@:-2 ! 85. ! (.1285. ! i7-85.I ! A57.1-1?-=./ ! 7?;2 ! &5A2C-828/! +6/02A-572C!#O273282!lU+&mG!#!6-.12!8/.12!D2./!F5-!A57.10?X82!72!8@A282!8/!LsgKI!2! 6/8-85!85!8-12850!#CF0/85!)105/..7/0I!6/C5.!(.1285.!i7-85.G (;!JKKfI!?;!2A5085!6202!A556/02345!/;!./:?02732!A5;!5!:5O/075!6202:?2-5! 8/1/0;-75? ! B?/ ! 2. ! F5032. ! /.128?7-8/7./. ! 1-O/../; ! 2?150-W2345 ! 6202 ! /.12A-5720 ! .?2.! 10562.!75!9202:?2-!650!?;!6/0X585!8/!Lg!;/./.I!/710/!Y?7S5!8/!JKKf!/!8/W/;D05!8/! JKKqG!"2.5!5!2A5085!745!F5../!2605O285!6/C5!:5O/075!6202:?2-5I!e2.S-7:157!A50120-2! gJ ;-CSk/.!8/!8<C20/.!8/!265-5!25!62X.G!(02!2!60-;/-02!O/W!B?/!D2./.!/.1027:/-02.!./!O-2;! 2?150-W282. ! 2 ! /.12A-5720 ! 72 ! #;@0-A2 ! 85 ! )?C ! l*#H>&I ! JKKfR ! `#"b(&(,I ! JKKNR! $+a# ! Ž ! "++H(ƒI ! JKKtEssR !iG)G !`ia(#i ! +U ! 9+&%,%"#&=$%&%,#aƒ! #UU#%a)I!JKKfmG!%.15I!72!W572!82!,0X6C-A/!U0571/-02I!A502345!85!#B?XF/05!>?2027-I! ;2-50!0/./0O2!8/!T:?2!85A/!82!#;@0-A2!85!)?CI!./:?782!85!;?785G H5 ! 9202:?2-I ! /; ! L‰ ! 8/ ! Y?CS5I ! 5. ! 60-;/-05. ! NKK ! ;-C-120/. ! /.128?7-8/7./.! 8/./;D20A202;!72!`2./!$20/AS2C!(.1-:200-D-2I!B?/!8T!25.!(.1285.!i7-85.!2A/..5!25! `02.-C!l2!MKK!r;mI!#0:/71-72!l2!JKK!r;m!/!Z!`5CXO-2!l2!JKK!r;mG!(02;!5.!60-;/-05.!8/! ?;!1512C!8/!LM!?7-828/.!2?150-W282.!2!/71020!75!62X.!6/C5!6/0X585!8/!Lg!;/./.!8?0271/!5! B?2C!O-:-2!5!2A5085G!$2-.!?;2!O/WI!5.!1/0;5.!85!2A/015!/710/!5.!(.1285.!i7-85.!/!?;! :5O/075!.?C=2;/0-A275!C/O271202;!B?/.1-572;/715.!/710/!5.!5?105.!:5O/075.!82!0/:-45G! )5D !2.! 0/:02. !85!85A?;/715I !5.!;-C-120/. !/.128?7-8/7./. !21?2785 !75!9202:?2- !/02;! A57.-8/0285. ! oF?7A-57T0-5. ! 8-6C5;T1-A5.p ! h ! 5 ! ;/.;5 ! A5; ! 5. ! ;-C-120/. ! 7501/= 2;/0-A275. !/;!21?2345 !21?2C;/71/ !72!"5C[;D-2 !hI!:5W2785!8/!-;?7-828/ !B?2715!2! 65..XO/-. !8275.!A2?.285. !25!;/-5 !2;D-/71/ !5?!Z!.2n8/!82!656?C2345!C5A2C !/!1/785! C-D/0828/ ! 6202 ! 1027.650120 ! 20;2. ! / ! /B?-62;/715. ! ;-C-120/. ! ./; ! B?/ ! 2. ! 2?150-828/.! 6202:?2-2. ! 65..2; ! 2:-0 ! /; ! A5710T0-5 ! l`ia(#i ! +U ! e(),(aH ! b($%)9b(a(! #UU#%a)I!JKLLR!"+b#I!JKKtmG (; ! JKLKI! 5! 9202:?2- ! ./! 0/A?.5?! 2 !6201-A-620 ! 8/ !/P/0AXA-5. !;-C-120/. !A5; ! 5.! (.1285.!i7-85.I!B?/!6/0;-1-0-2;!2A/..5!25!9202:?2-!2!6/C5!;/75.!fKK!;-C-120/.!7501/= 2;/0-A275.!l`#"b(&(,I!JKKNmG!#5!./!7/:20!2!6201-A-620!82.!21-O-828/.I!5!60/.-8/71/! 6202:?2-5!U/072785!&?:5!265715?!B?/!5.!2A5085.!/710/!(.1285.!i7-85.!/!"5C[;D-2! 6202!?1-C-W2345!8/!D2./.!/.12O2;!./785!F501/;/71/!B?/.1-57285.G!#C@;!85!B?QI!S2O/0-2! o?;!75O5!A/7T0-5!/;!1/0;5.!8/!8/F/.2I!./:?02732!/!.5D/027-2p!72!#;@0-A2!85!)?CG gM 0;adDS>C*$ /*3>;NC*0C>r<H=; # ! "5C[;D-2 ! @I ! 21?2C;/71/I ! 5 ! 1/0A/-05 ! 62X. ! 85 ! ;?785! B?/ ! ;2-. ! 0/A/D/! F-727A-2;/715!/!10/-72;/715!;-C-120!85.!(.1285.!i7-85.I!F-A2785!210T.!26/72.!8/!%.02/C! /!85!(:-15G!,/;!;2-.!6/..52C!8/!.?2.!F5032.!8/!./:?02732!10/-7285!2102O@.!8/!605:02;2.! 85!*/62012;/715!8/!*/F/.2!/.128?7-8/7./.!85!B?/!B?2CB?/0!5?105!75!6C27/12G!(;!JKKNI! 650!/P/;6C5I!8/!i€!tMg!;-CSk/.!8/.1-7285.!Z!#;@0-A2!&21-72!2102O@.!85!905:02;2!8/! #..-.1Q7A-2 ! (.1027:/-02 ! 85 ! */62012;/715 ! 8/ ! (.1285 ! 85. ! (.1285. ! i7-85.I ! i€ ! NqM! ;-CSk/.!F502;!-7O/.1-85.!72!"5C[;D-2R!i€!LLq!;-CSk/.I!75!9/0?!lZ!@65A2I!2-782!?;! 85.!62X./.!A/7102-.!72!65CX1-A2!8/!A5;D21/!Z.!805:2.!85.!(.1285.!i7-85.I!26571285!6/C5! */62012;/715!#71-=*05:2.!h!*(#!A5;5!F507/A/850!8/!gK•!82!A5A2X72!A57.?;-82!75! 62X.I!0/.657.2D-C-828/!;2-.!1208/!1027.F/0-82!Z!"5C[;D-2!6202!Y?.1-F-A2345!82!A57.10?345! 8/!?;2!.@0-/!8/!D2./.!;-C-120/.!72!#;@0-A2!85!)?CmR!/!i€!LK!;-CSk/.!75!`02.-CG j*<;=CE@A*E@O@H@BCE@A*B@*RSNBCA*BC! 3ECTE;<;*B@*)AA=ADwNO=;*%ADE;NT@=E;* BCA*%AD;BCA*!N=BCA[*)NC*JKKh 3;dA $;>CE*E@O@H=BC* 0C>r<H=; i€!NqM!;-CSk/. 3@ES i€!LLq!;-CSk/. MC>d?=; i€!sL!;-CSk/. %qS;BCE i€!Mf!;-CSk/. ME;A=> i€!LK!;-CSk/. +CND@Z!eb%H)(" (; ! JKKgI ! Jt• ! 85. ! 2C?75. ! B?/ ! 6201-A-6202; ! 85. ! A?0.5. ! 5F/0/A-85. ! 6/C5! eb%H)("!/02;!8/!50-:/;!A5C5;D-272R!5!"S-C/I!62X.!B?/!F-A5?!/;!./:?785!C?:20!72! C-.12!8/!10/-72;/715I!1/O/!Lq•G!#0:/71-72I!`20D285.I!`/C-W/I!`02.-CI!"2728TJgI!>027282I! d2;2-A2I!$@P-A5I!)45 !"0-.1<O45!/!H@O-.! /!i0?:?2-!/7O-202;I!Y?715.I!M•!85!1512C!8/! 2C?75.!0/A/D-85.!6/C2!/.A5C2!72B?/C/!275G!+!B?2805!2!./:?-0I!/P102X85!85!0/C21<0-5!27?2C! 85 ! */62012;/715 ! 8/ ! */F/.2 ! .?D;/1-85 ! 25 ! "57:0/..5 ! 85. ! (.1285. ! i7-85. ! .5D0/ ! 2.! Jg !(;D502!745!./Y2I!5DO-2;/71/I!6201/!82!#;@0-A2!&21-72I!;-C-120/.!/!A-O-.!A2728/7./.!21/78/;!25.!A?0.5.! 5F/0/A-85.!6/C5!eb%H)("G gN 21-O-828/.!85!eb%H)("I!;5.102!2!8-.10-D?-345!8/!6201-A-62345!85.!62X./.!82!#;@0-A2! &21-72!l2C@;!85!"2728Tm!75.!A?0.5.!82!(.A5C2E +CND@Z! a/C21<0-5!#7?2C!85!)/A0/1T0-5!8/!*/F/.2!6202!5!"57:0/..5!.5D0/!2.!#1-O-828/.!85!eb%H)("! JKKg!l*/62012;/715!8/!*/F/.2!85.!(.1285.!i7-85.m (;!JKKsI!8/!LMKg!2C?75.I!Ntf!/02;!A5C5;D-275.R!LggI!AS-C/75.R!LtKI!6/0?275.R! /!f!/02;!D02.-C/-05.G!#!:0278/!;2-50-2!8/!/.1?8271/.!605O@;!85.!/P@0A-15.!8/.1/.!62X./.! lqKIs• ! /; !JKKg!/!qL•I!tsf!2C?75.I!/; !JKKsmR!./:?-85. !6/C5. !B?/ !A5;6k/; !.?2.! F5032.!8/!65CXA-2E!JtIf•!/;!JKKgR!Jq•!/;!JKKNI!A5;5!;5.102!5!B?2805!/P102X85!85! 0/C21<0-5!JKKg!85!eb%H)("E gf +CND@E!a/C21<0-5!#7?2C!85!)/A0/1T0-5!8/!*/F/.2!6202!5!"57:0/..5!.5D0/!2.!#1-O-828/.!85!eb%H)("! JKKg!l*/62012;/715!8/!*/F/.2!85.!(.1285.!i7-85.m H2!#;@0-A2!&21-72I!2!"5C[;D-2!@!5!62X.!B?/!;2-.!0/A/D/!-7O/.1-;/715.!;-C-120/.! 85.!(.1285.!i7-85.I!F-A2785!A5;!B?2./!gK•!85.!O2C50/.!8/.1-7285.!Z!0/:-45G!#102O@.! 85!9C275!"5C[;D-2I!C5:5!75!-7XA-5!85!275!JKKKI!5!62X.!:20271-?!5!0/A/D-;/715I!/;!10Q.! 620A/C2.I!8/!?;!O2C50!2605P-;285!8/!i€!LGf!D-CS45G!#1@!JKKfI!75!/712715I!5.!O2C50/.! -7O/.1-85. ! 650 ! e2.S-7:157 ! /; ! 605:02;2. ! ;-C-120/. ! 8/.1-7285. ! Z ! "5C[;D-2 ! YT! ?C10262..2O2; ! 2 ! A-F02 ! 8/ ! i€ ! f ! D-CSk/.I ! 2 ! ;2-50 ! 6201/ ! 8/.1/ ! O2C50I ! 8-0/A-57282 ! 25! 10/-72;/715 !/!Z!/B?-62:/; !82. !F5032. !8/!./:?02732!A5C5;D-272.G!*/!2A5085!A5;!2! #7-.1-2!%71/072A-572CI!5.!O2C50/.!-7O/.1-85.!/;!605:02;2.!;-C-120/.!72!"5C[;D-2!.45! ;?-15!;2-50/.!85!B?/!2B?/C/.!8/.1-7285.!Z!2..-.1Q7A-2!/A57[;-A2!/!.5A-2CG!#6/.20!85! S-.1<0-A5!8/!O-5C2345!85.!8-0/-15.!S?;275.!/!O-5CQ7A-2!82.!F5032.!20;282.!/!65C-A-2.!82! "5C[;D-2I ! 5. ! (.1285. ! i7-85. ! A571-7?2; ! F-727A-2785 ! 605:02;2. ! 8/.1-7285. ! 25! 10/-72;/715!/!0/F5035!8/.12.!-7.1-1?-3k/.G (;!LsssI!8/!JNt!;-C-120/.!A5C5;D-275.!8/7?7A-285.!650!A0-;/.!8/!O-5C2345!85.! 8-0/-15.!S?;275.I!LJN!S2O-2;!0/A/D-85!10/-72;/715!75!eb%H)("!le+&UI!LsssmI!5! B?/!745!-;6/8-?!5!:5O/075!/.128?7-8/7./!8/!A571-7?20!-7O/.1-785!;-CSk/.!8/!8<C20/.! /;!10/-72;/715!6202!2!"5C[;D-2G!%.15!0/60/./712!?;2!O-5C2345!85.!1/0;5.!8/F-7-85.! 6202!2!8/.1-72345!8/!O2C50/.!85!905:02;2!8/!#..-.1Q7A-2!(.1027:/-02I!./:?785!5!B?2CI! 62X./.!2A?.285.!8/!A0-;/.!A57102!5.!*-0/-15.!b?;275.!8/O/;!./0!A501285.!85!605:02;2G! 950 ! A5712 ! 8/ ! 8-O/0.2. ! 2A?.23k/. ! A57102 ! 2! 21?2345 ! 82. ! F5032. ! 20;282. ! /! 65C-A-2. ! 82! "5C[;D-2I!/;!JKKfI!0/C21<0-5!85!*/62012;/715!8/!(.1285!/!82!#:Q7A-2!%71/072A-572C!8/! gq */./7O5CO-;/715!-7F50;2O2;!B?/!Jf•!85.!F?785.!8/.1-7285.!25!62X.!F-A20-2;!0/1-85.I! ;2.!5!0/.1271/!A571-7?2O2!C-D/0285!6202!-7O/.1-;/715I!2!;/75.!B?/! 5 ! )/A0/1T0-5 ! 8/ ! (.1285. ! 1/7S2; ! F501/. ! /O-8Q7A-2. ! 8/ ! B?/ ! 2.! U5032.!#0;282.!82!"5C[;D-2!745!/.145!A578?W-785!56/023k/.! O-:505.2.!6202!0/.12?020!2!2?150-828/!85!:5O/075!/!5!0/.6/-15! 6/C5. ! 8-0/-15. ! S?;275. ! /; ! T0/2. ! .5D ! A57105C/ ! /F/1-O5 ! 8/! 50:27-W23k/.!6202;-C-120/.!/!:0?65.!:?/00-CS/-05.G! n!['[*(@a;ED<@ND*CR*'D;D@*x*!['[*)T@NO\*RCE*#ND@EN;D=CN;>* (@?@>Ca<@NDI*JKKjo "5;!5.!-7O/.1-;/715.!/;!8-2I!26/.20!82.!8/7n7A-2.I!75!F-72C!8/!JKKsI!5!9C275! "5C[;D-2 !2D0-2!2. !65012. !82!#;@0-A2 !85!)?C!6202!2 !-7.12C2345 !8/ !./1/!75O2. !D2./.! ;-C-120/.!/.128?7-8/7./.!l),+^()I!JKKfR!iG)G!*(9#a,$(H,!+U!*(U(H)(I!JKKsR! iG)G ! *(9#a,$(H, ! +U ! ),#,( ! Ž ! iG)G ! #>(H"ƒ ! U+a ! %H,(aH#,%+H#&! *('(&+9$(H,I!JKKfmG (;!JKKsI!?;!2A5085!D-C21/02C !8/!A556/02345 !/;!./:?02732!/710/!5. !(.1285.! i7-85.!/!2!"5C[;D-2!:20271-2!ZB?/C/.!5.!8-0/-15.!8/!?1-C-W2345!82.!-7.12C23k/.!8/!./1/! D2./. ! ;-C-120/. ! A5C5;D-272. ! 650 ! ?; ! 6/0X585 ! 8/ ! LK ! 275.I ! 62..XO/-. ! 8/ ! 0/75O2345G! ,2;D@;!2../:?05?!5!2?;/715!8/!NKK!6202!gKK!;-C-120/.!/!8/!MKK!6202!qKK!F?7A-57T0-5.! A-O-.I!/C/O2785!6202!LNKK!2!B?271-828/!8/!;-C-120/.!h!0/:?C20/.!/!;/0A/7T0-5.!hI!85.! (.1285.!i7-85.!72!"5C[;D-2G!+!85A?;/715!6/0;-1/!Z.!F5032.!;-C-120/.!/.128?7-8/7./.! 2A/..5! 2m Z!`2./!#@0/2!>/0;T7!+C275!$50/75I!/;!92C27B?/05R Dm Z!`2./!#@0/2!#CD/015!92c/CC.!a580X:?/WI!/;!$2C2;D5!l6/015!82!'/7/W?/C2mR Am 25!U501/!$-C-120!,5C/;2-82I!/;!H-C5R 8m 25!U501/!$-C-120!&20278-2I!/;!UC50Q7A-2!l6/015!85!(B?2850mR /m Z!`2./!#@0/2!"26-1T7!&?-.!U/072785!><;/W!H-•5I!/;!#6-2]R Fm Z!`2./!H2O2C!#a"!!`5CXO20I!/;!"2012:/72!l6/015!82!'/7/W?/C2mR!/ :m Z ! `2./ ! H2O2C ! #a" ! $TC2:2I ! 72 ! `2X2 ! $TC2:2 ! l(),#*+) ! iH%*+) ! Ž! "+&•$`%#I!JKKsmG */ ! 2A5085 ! A5; ! 5 ! 85A?;/715I ! 5 ! 5DY/1-O5 ! 85 ! 2A5085 ! /710/ ! 5. ! 85-. ! 62X./. ! @! o605;5O/0 ! / ! F2A-C-120 ! 2 ! A556/02345 ! 6202 ! A5;D21/0 ! 2;/232. ! 6/0.-.1/71/. ! Z ! 62W ! /! /.12D-C-828/I!12-.!A5;5!5!1/0050-.;5I!5!605DC/;2!:C5D2C!82.!805:2.I!5!A0-;/!50:27-W285! -71/072A-572C!/!2!605C-F/02345!8/!20;2. !6/B?/72.!/!C/O/.pG!958/=./!A57.12120!B?/!5.! (.1285.!i7-85.!A571-7?2;!h!A5;5!.?:/0-2!5!85A?;/715!o+DY/1-O5.!85.!(.1285.!i7-85.! gt /!A?0.5.!8/!2345!A5;!0/C2345!Z!#;@0-A2!&21-72pI!8/!Lg!8/!;2035!8/!LsfMJs!h!-7./0-785! /;!.?2.!7/:5A-23k/.!;51-O5.!B?/!C/O2;!2!A0/0!B?/!5.!5DY/1-O5.!8/!.?2.!-7.12C23k/.! ;-C-120/. !O45!6202!2C@;!82!8/F/.2!145!.5;/71/!8/!./?.!-71/0/../.G!(;!A282!?;!85.! 62X./.!578/!1Q;!D2./.I!5.!(.1285.!i7-85.!/78/0/32;!?;!605DC/;2!C5A2C!B?/!Y?.1-F-B?/! 2!620A/0-2!6/C2!./:?02732!0/:-572C!/!85!62X.!578/!2!D2./!./0T!-7.12C282G H2 ! #;@0-A2 ! &21-72I ! 2 ! Y?.1-F-A21-O2 ! <DO-2 ! ?.282 ! 6202 ! 2 ! oA556/02345p ! /;! ./:?02732!@!5!A5;D21/!25!720A510TF-A5I!B?/!2620/A/!/710/!5.!5DY/1-O5.!6202!-7.12C2345!8/! D2./. ! /; !#71X:?2I !#0?D2I!(B?2850I !9/0?I!95015!a-A5!/ !(C!)2CO2850G !U5-!12;D@; !5! ;51-O5 ! 260/./71285 ! 6202 ! B?/I ! /; ! JKLKI ! ./ ! 2D0-../; ! 7/:5A-23k/. ! A5; ! 5 ! :5O/075! D02.-C/-05!O-.2785!Z!-7.12C2345!8/!?;2!D2./!/.128?7-8/7./!/;!6C/75!a-5!8/!d27/-05G!(;! 2C:?7.!A2.5.I!5!o0/F5035!82.!-7.1-1?-3k/.!Y?0X8-A2.!/!82.!F5032.!65C-A-2-.p!O/;!Z!D2-C2I!@!5! B?/!5A500/!A5;!5!$@P-A5!/!A5;!2!"5C[;D-2G #!o2Y?82!S?;27-1T0-2p!/!2.!;-..k/.!8/!0/.:21/!/!.5A5005!/;!A2.5.!8/!8/.2.10/! .45!2.!Y?.1-F-A21-O2.!B?/!:20271/;!2!-7./0345!;2-.!0T6-82!82.!F5032.!/.128?7-8/7./.!/;! 1/00-1<0-5.!/.1027:/-05.I!2C@;!8/!2:-0!6202!;-7-;-W20!2.!271-621-2.!/!8/.A57F-2732.!85.! :5O/075.!/!82.!656?C23k/.!C5A2-.!A57102!.?2.!23k/.!8/!5A?62345!;-C-120G!(;!O/0828/I! /.12 ! Y?.1-F-A21-O2I ! @ ! ?;2 ! 82. ! B?/ ! 260/./712; ! ;2-. ! O2712:/; ! 6202 ! 5. ! 5DY/1-O5. ! 8/! e2.S-7:157I!O-.15!B?/!6/0;-1/!2!-7./0345!6021-A2;/71/!./;!0/.-.1Q7A-2!8/!./?!2620/CS5! ;-C-120!/;!1/00-1<0-5.!/.1027:/-05.G!,2C!Y?.1-F-A21-O2!./0O-?I!650!/P/;6C5I!Z!/710282!8/!Lq! ;-C ! .5C8285. ! / ! 102D2CS2850/. ! /.128?7-8/7./. ! 75 ! b2-1-I ! /; ! JKLKI ! 650 ! 5A2.-45 ! 85! 1/00/;515!B?/!8-W-;5?!5!62X.G!#!B?271-828/!8/!F?W-C/-05.!72O2-.!/7O-285.!6/C5.!(.1285.! i7-85. ! /7O-285. ! 6202 ! /P/A?120 ! o;-..k/. ! 8/ ! 0/.:21/p ! C/O2715? ! 2. ! 8/.A57F-2732. ! 8/! :5O/075. ! C21-75=2;/0-A275.I ! A/015. ! 8/ ! B?/ ! 2B?/C2 ! YT ! 745 ! /02 ! ?;2 ! B?/.145 ! 8/ ! 2Y?82! S?;27-1T0-2I!/!.-;!?;2!AS27A/!B?/!5!:5O/075!/.128?7-8/7./!2605O/-12O2!6202!-7./0-0! 75O2;/71/ ! ./?. ! ;-C-120/. ! 75 ! 62X.G ! # ! 8/;57.102345 ! 85 ! 658/0-5 ! ;-C-120 ! 85. ! (.1285.! i7-85.!72!5A2.-45!F5-!12;27S2!B?/!5!/F/1-O5!/7O-285!6/C5!9/71T:575!/;!B?/.145!8/! 8-2.!/02!;2-50!B?/!5!/F/1-O5!A5;6C/15!82!$-7?.12SG Js ! (.1/ ! 85A?;/715 ! F5- ! ;/7A-57285 ! 75 ! ./:?785 ! A26X1?C5 ! 8/.1/ ! 102D2CS5G ! U2W ! 6201/ ! 8/ ! ?;2 ! .@0-/ ! 8/! 85A?;/715.!85!:5O/075!/.128?7-8/7./!6058?W-85.!8?0271/!2!>?/002!U0-2I!0/O/C285.!75!275!8/!LsgMI!/!B?/! /P6?7S2;!2.!65CX1-A2.!85.!(.1285.!i7-85.!6202!;27?1/7345!85!A57105C/!.5D0/!2!#;@0-A2!&21-72G gg +CND@E!U#` +!0/.:21/!8/!OX1-;2.!8/!8/.2.10/.!-:?2C;/71/!2620/A/?!A5;5!Y?.1-F-A21-O2!6202!5! 2A5085!A5;!#71X:?2G H2!"5C[;D-2I!12;D@;!F502;!C/O271282.!B?/.1k/.!-71/072.!6202!1/7120!A57O/7A/0! :5O/075!/!656?C2345!8/!B?/!2!-7.12C2345!82.!D2./.!745!./0O-2!26/72.!25.!-71/0/../.! /.128?7-8/7./.I!;2.!B?/I!85!;/.;5!;585I!102W-2!O2712:/7.!C5A2-.G +!A57FC-15!-71/075!A5C5;D-275!A5;/35?!/;!LsqNI!/!A5C5A5?!2.!F5032.!20;282.! A5C5;D-272. ! A57102 ! 85-. ! :0?65. ! :?/00-CS/-05. ! 60-7A-62-.E ! 2. ! U5032. ! #0;282.! a/O5C?A-57T0-2.!82!"5C[;D-2!h!U#a"!/!5!(P@0A-15!8/!&-D/012345!H2A-572C!h!(&HG! "5;!5!A500/0!85!1/;65I!5?105.!2150/.!20;285.!./!Y?71202;!25!A57FC-15G!b5Y/I!2!C-.12! 2D027:/ ! :0?65. ! :?/00-CS/-05.I ! 50:27-W23k/. ! 6202;-C-120/.I ! F5032. ! 8/ ! ./:?02732 ! 85! (.1285I!A201@-.I!:0?65.!8/!A0-;/!50:27-W285I!102F-A271/.!8/!805:2.!/!A0-;-75.5.!A5;?7.! l"++9(aI!JKKLmG! (;!LsstI!?;!0/C21<0-5!82!B7#$5&)-418:&>$8.1!=!bae!265715?!B?/I!8?0271/!2! 60-;/-02!;/128/!8/!LssqI!5!60/.-8/71/!(07/.15!)2;6/0!9-W275!:5O/075?!5!62X.!.5D!?;! /.1285!8/!A5;5345!-71/072I!8/65-.!85!2..2..-7215!85!CX8/0!A57./0O2850!wCO205!><;/WI! /;!75O/;D05!8/!LssfG!(.1/!o/.1285!8/!A5;5345!-71/072pI!/710/12715I!745!C/O5?!Z!60-.45! gs 85.!0/.657.TO/-.!6/C5!2..2..-7215I!;2.!Z!.?.6/7.45!8/!8-0/-15.!DT.-A5.I!A5;!A-82845.! ./785!60/.5.!/!-7.6/A-57285.!./;!;278285G!+.!;-C-120/.!F502;!2?150-W285.!2!-:75020!2.! 2?150-828/.!A-O-.!/!0/B?-.-120!8-0/12;/71/!25!/P/A?1-O5!2!8/AC202345!8/!oW572.!/.6/A-2-.! 8/ ! 508/; !6nDC-A2pI ! 578/! 21@ ! 5! 8-0/-15 ! 8/ !-0 !/ ! O-0 !/02 ! .?60-;-85G !*/ !2A5085 ! A5; !5! 0/C21<0-5I!25!F-;!8/!;2-5!8/!LsstI!;2-.!8/!LuM!85!62X.!/02!A57.-8/0285!oW572!/.6/A-2C!8/! 508/;!6nDC-A2p!lbi$#H!a%>b,)!e#,"bI!LsstmI!/!5!62X.!A5712O2!A5;!;2-.!8/!tfK! ;-C ! 8/.2C5Y285. ! 650 ! A2?.2 ! 82 ! O-5CQ7A-2G ! #-782 ! 8/ ! 2A5085 ! A5; ! 2 ! baeI ! ?; ! /.1?85! A5C5;D-275!A578?W-85!/;!Lssf!265715?!B?/!2!O-5CQ7A-2!85.!:0?65.!6202;-C-120/.!/02!2! 0/.657.TO/C ! 650 ! MJ• ! 85. ! 8/.C5A2;/715. ! F503285. ! / ! 2. ! F5032. ! 20;282. ! /02;! 0/.657.TO/-. ! 650 ! Lq• ! 8/C/.G ! #. ! :?/00-CS2. ! 1-7S2; ! 0/.657.2D-C-828/ ! .5D0/ ! Jq• ! 85.! 8/.C5A2;/715.G! */!2A5085!A5;!5!?8"$8'4-.&?87%-':&A5:8-878'&]!))%I!72!./:?782!;/128/!82!8@A282! 8/ ! LssKI ! 2. ! U#a" ! 1-7S2; ! 2..?;-85 ! ?;2 ! F501/ ! 65.-345 ! ;-C-120 ! / ! A5;/3202; ! 2 ! ./! 60/62020!6202!?;!1-65!8/!:?/002!;2-.!;58/072G!+!%7.1-1?15!265715?!B?/I /; ! LsgJI ! 2. ! U#a" ! /02; ! 26/72. ! ?; ! 6/B?/75 ! :0?65 ! 8/ ! Lf! F0/71/. ! A5; ! 12CO/W ! JKKK ! :?/00-CS/-05.G ! (; ! LssKI ! 1-7S2 ! ./! /P6278-85 ! / ! A5712O2 ! A5; ! NM ! F0/71/. ! A5;65.12. ! 650! 2605P-;282;/71/!fKKK!:?/00-CS/-05.G!(;!JKKJI!2.!U#a"!1Q;! 8/!Lf!2!JK!;-C!A5;D21/71/.!/;!qK!F0/71/.!/!/;!A5;627S-2.! ;<O/-.I!B?/!O20-2;!/710/!qK!2!NKK!:?/00-CS/-05.G! l-)&]'I*.YC<;A*)[*#=,)-./-:.'.)H!&(!@&'&6:.-/! D.'.)-1HN#)1-)*2.$!#=FF&1)!(&1!I*6&$1-).$!#*$=1.)H[*JKKjmG! (;!JKKtI!?;!0/C21<0-5!85!*/62012;/715!8/!(.1285!85.!(.1285.!i7-85.!2F-0;2O2!B?/!2.! U#a" ! / ! 5 ! (&H ! 1-7S2; ! A5;/1-85 ! A0-;/. ! 8/ ! O-5C2345 ! 85. ! 8-0/-15. ! S?;275. ! B?/! /7:C5D2O2;! 2..2..-7215. ! 65CX1-A5.I ! 2..2..-7215 ! 8/ ! ;/;D05. ! 82. ! F5032. ! 8/! ./:?02732!6nDC-A2!/!5F-A-2-.!C5A2-.!F502!8/!./0O-35I!./Bz/.105.!/! 8/.2620/A-;/715.I ! 8/.C5A2;/715. ! /; ! ;2..2I ! .?D5075 ! /! -71-;-82345!8/!Y?XW/.I!605;5150/.!/!1/.1/;?7S2.I!O-5C2345!82! 60-O2A-828/!8/!A-82845.I!0/.10-3k/.!Z!C-D/0828/!8/!;5O-;/715I! 0/A0?12;/715 ! 8/ ! A0-2732. ! A5;5 ! .5C8285.I ! 212B?/. ! A57102! 21-O-.12. ! 85. ! 8-0/-15. ! S?;275.I ! 2;/232I ! -71-;-82345 ! /! 2..2..-7215!8/!605F/..50/.!/!.-78-A2C-.12.! n!['[*(@a;ED<@ND*CR*'D;D@I*JKK`o sK &/-&27-!*5c/CCMK! lJKKgmI!75!/712715I!265712!B?/!5.!n7-A5.!2!A2.1-:20/;!2!656?C2345! A5C5;D-272!745!/02;!2.!U#a"!/!5!(&HG!>0?65.!;-C-120/.!/!6202;-C-120/.!265-285.! 6/C5.!(.1285.!i7-85.!/!F5032.!85!:5O/075!A5C5;D-275!1Q;!0/60-;-85!2!656?C2345!/! O-5C285!./?.!8-0/-15.!72.!nC1-;2.!8@A282.G!o#12B?/.!0/.?C12785!/;!;501/.!/!F/0-;/715.! :02O/.! 1Q;!.-85!F/-15.!A57102!.-78-A2C-.12. !/!65O5.!-78X:/72.p!l*+e(&&I!JKKgmG!#! 6/.B?-.28502!0/65012!B?/I!/;!5?1?D05!8/!JKKgI!5!60/.-8/71/!wCO205!i0-D/!8/A0/15?!h! ;2-.!?;2!O/W‘!h!o/.1285!8/!A5;5345!-71/072pI!/7O-5?!10562.!6202!820!F-;!Z!:0/O/!8/! ;2-. !8/!?;!;Q. !-7-A-282!650!LJGfKK!A5012850/. !8/!A272!B?/!6/8-2;!5!F-;!8/!.?D= A5710215.!A5;!oA556/021-O2.!8/!102D2CS5p!/!5!8-0/-15!2!D/7/FXA-5.!A5;5!6/7.k/.!6202! 102D2CS2850/.!F/0-85.!/;!./0O-35!/!F2C12.!650!;51-O5!8/!85/732R!2C@;!8/!?;!2?;/715!8/! .2CT0-5 ! 8/ ! MK• ! lZ ! @65A2I ! 5. ! 102D2CS2850/. ! 0/A/D-2; ! i€ ! LINJ ! 650 ! 157/C282 ! 8/ ! A272! A501282mG! (; ! LJ ! 8/ ! 5?1?D05 ! 8/ ! JKKgI ! 75 ! 8-2 ! 85. ! 95O5. ! %78X:/72.I ! /.1/. ! 65O5. ! ./! ;5D-C-W202;!72A-572C;/71/!6202!6/8-0!5!F-;!85!9C275!"5C[;D-2I!2!A57.10?345!8/!?;2! #:/782!85!95O5!/!5!0/.6/-15!85!:5O/075!25.!2A5085.!/.12D/C/A-85.!A5;!2!656?C2345! -78X:/72G!(;!LN!8/!5?1?D05I!;-C-120/. !A5C5;D-275. !A/0A202;!/!21-0202;!A57102!?;2! ;?C1-845 ! 8/ ! LJ ! ;-C ! 6/..52. ! B?/ ! DC5B?/2O2 ! 2 ! /.10282 ! 9272;/0-A272I ! /P-:-785 ! ?;! /7A57105!A5;!5!60/.-8/71/!wCO205!i0-D/G!H2!5A2.-45I!Mf!6/..52.!F-A202;!F/0-82.R!/I!8/! 2A5085!A5;!2!+0:27-W2345!85.!95O5.!%78X:/72.!l+H%"mI!6/C5!;/75.!Ls!8/!./?.!CX8/0/.! F502;!;5015.!2102O@.!85!62X.G!H45!F5-!65..XO/CI!75!/712715I!B?/!./?.!A5065.!F5../;! O-.15.!5?!-8/71-F-A285.G! +.!A5012850/.!8/!A272!/;!:0/O/I!/7O-202;!?;!6/8-85!8/!2Y?82!650!F?785.!B?/! 2Y?82../; ! 2 ! ;271/0 ! 2 ! :0/O/G ! H5 ! 85A?;/715I ! 5. ! A5012850/. ! 2F-0;2; ! B?/ ! o./0-2 ! ?;! 8/.2.10/!./!2!:0/O/!F02A2..2../pI!YT!B?/!/C/.!o745!1Q;!8-7S/-05!6202!A5;6020!2005W!5?! D21212.!6202!2C-;/7120!5.!102D2CS2850/.R!26/72.!T:?2pG!(C/.!A571-7?2;I!oH<.!0/A/D/;5.! :0278/!.5C-820-/828/!6/C5!A57FC-15!82!A272=8/=23nA20I!;2.!2!.-1?2345!6-502!8-2!2!8-2I!YT! B?/!5.!F?785.!8-;-7?/;!/!1/;5.!LJfKK!102D2CS2850/.!6202!2C-;/7120G!#!.-1?2345!8/! .?2. ! F2;XC-2. ! @ ! 2-782 ! 6-50G ! bT ! 6/C5 ! ;/75. ! qK ! ;-C ! 6/..52. ! ./; ! A5;-82 ! / ! A?-8285.! ;@8-A5.G!)5C-820-/828/!@!ia>(H,(G!+.!AS/F/.!B?/0/;!/7F02B?/A/0!2!C?12!2102O@.!82! F5;/p!l%*($I!JKKgmG! MK !)5A-2C-.12!/!;/;D05!85!e50r/0.!e50C8!9201]!/!85!9/2A/!278!U0//85;!9201]G!,02D2CS5?!A5;5! 50:27-W28502!85!:0?65!A58'"5$8-05$(&!6?><)!A57102!2!>?/002!85.!(.1285.!i7-85.!75!%02B?/G!'-2Y5?!6/C2! "5C[;D-2I!'/7/W?/C2!/!(C!)2CO2850!/;!.5C-820-/828/!Z.!C?12.!271-=-;6/0-2C-.12.!72!#;@0-A2!&21-72G! U571/E!‡!S116EuucccG.;201O51/0G50:uJKKNuLLuKJuA2u.121/uO51/u85c/CC‚CuD-5GS1;C! sL (02 ! /.12 ! 2 ! .-1?2345 ! 8/ ! A0-./ ! A5C5;D-272 ! B?2785I ! /; ! LsssI ! ./? ! :5O/075! 260/./715? ! Z ! A5;?7-828/ ! -71/072A-572C ! 5 ! 9C275 ! "5C[;D-2I ! ?; ! 2D027:/71/ ! 6C275 ! 8/! 0/A57.10?345!72A-572CI!2102O@.!85!B?2C!5!:5O/075!O-.2O2!2!0/?7-0!2Y?82!-71/072A-572C! 6202!A578?W-0!5!605A/..5!8/!62A-F-A2345!A5;!5.!:0?65.!:?/00-CS/-05.!h!/.6/A-2C;/71/!2.! U#a"!hI!2Y?820!72!6051/345!85.!8-0/-15.!S?;275.I!75!F5012C/A-;/715!85!(.1285!/!75! A57105C/!82.!6C27123k/.!-C/:2-.!8/!720A<1-A5.I!8/710/!5?102.!23k/.G #6<. ! 0/?7-k/. ! A5; ! 5F-A-2-. ! 7501/=2;/0-A275.I ! /710/12715I ! 5 ! 6C275 ! F5-! 802.1-A2;/71/ ! ;58-F-A285E ! Y?715 ! A5; ! 2 ! 605;/..2 ! 8/ ! -7Y/345 ! 8/ ! i€ ! LGf ! D-CS45 ! 85.! (.1285.!i7-85.I!5!2.6/A15!;-C-120!85!6C275!F5-!0/2C3285I!2!C?12!A57102!2.!805:2.!102W-82! 25!60-;/-05!6C275!/!2.!0/F50;2.!.5A-2-.!0/C/:282.!25!./:?785!6C275!l"++9(aI!JKKLR! "+iH"%&!+H!U+a(%>H!a(&#,%+H)I!JKKqmG!#!60565.12!-7-A-2C!85!9C275!"5C[;D-2! 6/8-2I ! 2C@; ! 85. ! i€LGf ! D-CS45 ! 85. ! (.1285. ! i7-85.I ! 5?105. ! i€ ! J ! D-CSk/. ! 85 ! d2645I! "2728TI!i7-45!(?056/-2I!)?X32!/!5?105.!:5O/075.!/!-7.1-1?-3k/.!F-727A/-02.!5A-8/712-.G! +!9C275!"5C[;D-2!D2./2O2!.?2.!23k/.!75!/71/78-;/715!8/!B?/!5.!605DC/;2.! .5A-2-.!A5C5;D-275.!/!2!A0-./!S?;27-1T0-2!B?/!2..5C2O2!5!62X.!/02;!0/.?C1285!82!2345! 82.!805:2.I!-:7502785!2!0/.657.2D-C-828/!85!60<60-5!:5O/075!A5C5;D-275!72!26C-A2345! 8/!65CX1-A2.!6nDC-A2.!6202!2!;/CS50-2!82.!A578-3k/.!8/!O-82!8/!.?2!656?C2345G! +!A5;657/71/!;-C-120!85!9C275I!2!./0!/P/A?1285!/.6/A-2C;/71/!6/C5.!(.1285.! i7-85.I!C/O2715?!.?.6/-12.!C5:5!8/!-7XA-5G!+!A57S/A-;/715!8/!8/7n7A-2.!8/!A0-;/.!8/! 2D?.5.!25.!8-0/-15.!S?;275.!A5;/1-85.!650!5F-A-2-.!10/-7285.!72!(.A5C2!82.!#;@0-A2.! /02 ! 60/5A?6271/G ! #C@; ! 8-.15I ! 20;2;/715 ! F507/A-85 ! 6/C5. ! (.1285. ! i7-85. ! Z. ! F5032.! 20;282. ! 82 ! "5C[;D-2 ! /02 ! F0/B?/71/;/71/ ! ?.285 ! 75 ! A5;/1-;/715 ! 8/.1/. ! A0-;/.G ! */! .2X82I!5!9C275!"5C[;D-2!A5715?!A5;!;?-15!65?A5!265-5!-71/072A-572CG!(;!F/O/0/-05!8/! JKKLI!25!./0!65.15!.5D!O512345!6/C5!920C2;/715!(?056/?I!5!605Y/15!6/08/?!650!NtN! O515.!2!L!l"++9(aI!JKKLmG + ! 8/.2A5085 ! 2A/0A2 ! 82 ! 2D5082:/; ! 85 ! 605DC/;2 ! A5C5;D-275I ! A?Y2! 0/.657.2D-C-828/!5.!2?150/.!85!6C275!A/710202;!F501/;/71/!72!B?/.145!82.!805:2.R!2! 8-.A508\7A-2 ! B?2715 ! Z ! ;-C-120-W2345 ! 82 ! 60565.12I ! B?/ ! 0/C/:2O2 ! 25 ! ./:?785 ! 6C275 ! 5.! 605Y/15.!8/!2..-.1Q7A-2!S?;27-1T0-2!/!8/./7O5CO-;/715!.5A-2CR!/!5!745=0/A57S/A-;/715! 650 ! 6201/ ! 85 ! :5O/075 ! 82 ! "5C[;D-2 ! 8/ ! .?2. ! 0/.657.2D-C-828/. ! 6/C2 ! .-1?2345 ! 8/! -7./:?02732 ! / ! -7B?-/12345 ! .5A-2C ! 85 ! 62X. ! C/O202; ! 5. ! 5?105. ! :5O/075. ! 25. ! B?2-. ! 2! 60565.12!F5-!260/./71282!2!8/.-.1-0/;!82!6201-A-62345G!#5!F-;I!26/72.!5.!(.1285.!i7-85.! .?.1/71202;!2!60565.12G sJ "0X1-A5. ! 85 ! 9C275 ! "5C[;D-2 ! 265712; ! B?/I ! A5; ! .?2 ! /.1021@:-2 ! 8/ ! F?;-:20 ! 2.! 6C27123k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i7-85. ! A571-7?2 ! A0/.A/785G ! + ! 62X. ! @ ! 5 ! ;2-50 !A57.?;-850 ! ;?78-2C ! 8/! A5A2X72!/!S/05X72!A5C5;D-272. !/!8/!;2A57S2!/!S/05X72!;/P-A272. !l"%#I!JKLLmG!*5! 5?105!C285I!8/.8/!LssKI!2!:?/002!Z.!805:2.!72!"5C[;D-2!YT!8/-P5?!;2-.!8/!NfK!;-C! ;5015.!l"#H+I!JKLKmG (;!;2035!8/!JKKsI!/;!O-.-12!25!$@P-A5I!2!./A0/1T0-2!8/!(.1285!b-CC20]!"C-7157! 0/A57S/A/?!B?/!2!o-7.2A-TO/C!8/;2782!650!805:2.!-C/:2-.p!75.!(.1285.!i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l*i^(I!JKKsR!)+&+$+H!Ž!"+a*+`#I!JKKsm #C@;!8-.15I!272C-.12.!85!(.A0-1<0-5!82.!H23k/.!i7-82.!.5D0/!*05:2.!/!"0-;/! liH+*"m!/!5!*/62012;/715!#71-=*05:2.!85.!(.1285.!i7-85.!265712;!B?/!2.!U#a"! 745!.45!5!/C/;/715!B?/!;2-.!C?A02!A5;!2!6058?345!/!2!O/782!8/!805:2.!72!"5C[;D-2I! ;2.!5.!:0?65.!6202;-C-120/.G!$?-12.!82.!O/W/.I!2.!U#a"!/.12D/C/A/;!12P2.!.5D0/!2.! 805:2.I!/!21@!605XD/;!/P60/..2;/71/!2!6058?345!8/!720A<1-A5.!/;!1/00-1<0-5.!.5D!./?! A57105C/G!950!B?/!;51-O5I!/7145I!5.!:0?65.!6202;-C-120/.!745!.?0:/;!72!C-.12!8/!-7-;-:5.! 8/!e2.S-7:157y!950!B?/!5!9C275!"5C[;D-2!;271@;!./?!F5A5!.5D0/!2.!U#a"y!)/:?785! )15r/.!lJKKfmI!5.!6202;-C-120/.!745!/7102;!72!C-.12!8/!-7-;-:5.!2!./0/;!A5;D21-85.!6/C5! 9C275 ! "5C[;D-2 ! 650! A5712 ! 8/! ./?. ! F501/. ! C235. !A5; ! 5. ! (.1285. ! i7-85.I !1/785 !.-85! /C/;/715.!A/7102-.!72.!23k/.!8/!A57102=-7.?0:Q7A-2!/!1/0050-.;5!8/!(.1285!A578?W-82.! 72!"5C[;D-2G!H2.!62C2O02.!85!2?150I! sM +. ! (.1285. ! i7-85. ! 1Q; ! .-85 ! F?782;/712-. ! 72 ! 60/6202345 ! /! 6/06/1?2345!8/!0/8/.!6202;-C-120/.!./A0/12.!A5;!C-:23k/.!;?-15! 60<P-;2. ! A5; ! 2. ! F5032. ! 20;282. ! A5C5;D-272.G ! (.1/.! 6202;-C-120/. ! C/O2; ! 28-271/ ! ?;2 ! o:?/002 ! .?Y2p ! A57102 ! 2! o.?DO/0.45p!/!.45!0/.657.TO/-.!6/C2!O2.12!;2-50-2!8/!2D?.5.! 85.!8-0/-15.!S?;275.!A5;/1-85.!72!"5C[;D-2!21?2C;/71/G!950! /P/;6C5I!/;!JKKJI!;2-.!8/!g!;-C!2..2..-7215.!65CX1-A5.!F502;! A5;/1-85. ! 72 ! "5C[;D-2I ! gK• ! 8/C/. ! 6/06/10285. ! 650 ! :0?65.! 6202;-C-120/.G!,0Q.!8/!A282!B?2105!21-O-.12.!6/C5.!8-0/-15.!85.! 102D2CS2850/. ! 2..2..-7285. ! 75 ! ;?785 ! .45 ! ;5015. ! 6/C5.! 6202;-C-120/.!A5C5;D-275.I!/7B?2715!JGt!;-CSk/.!8/!A-O-.!.45! /P6?C.5.!8/!.?2.!A2.2.!Z!F5032G! l'./]%'I * (CST[! +6*1.$-O, ! >)%*1 ! 9-1< ! 8*11&1.?./2 ! @&'&6:.-R!JKKjGm + ! 605DC/;2 ! A5C5;D-275 ! 745 ! 0/65?.2 ! /PAC?.-O2;/71/ ! 72. ! 805:2.R ! 1/; ! A5;5! 02XW/. ! 605F?782. ! -7Y?.1-32. ! .5A-2-. ! B?/! 5 ! 9C275 ! "5C[;D-2 ! .-;6C/.;/71/ ! -:7505?I ! 25! 60-O-C/:-20!5!A5;657/71/!;-C-120G!#6/72.!?;2!;-750-2!82.!6C27123k/.!8/!A5A2X72!/.1T! /; ! :0278/. !1/00/75.R ! 2 !;2-50-2I ! tf•I! 82. ! 6C27123k/. ! 6/01/7A/ !2 !65D0/. !/ ! 6/B?/75.! 6058?150/.G!l"++9(aI!JKKLmG!%:7502785!5!605DC/;2!.5A-2C!/!-7O/.1-785!;-CSk/. !8/! 8<C20/. ! /; ! ?;2 ! :?/002 ! B?/ ! 26/72. ! ;?C1-6C-A2 ! 5 ! 7n;/05 ! 8/ ! ;5015.I ! 5 ! :5O/075! A5C5;D-275!620/A/!2A0/8-120!B?/!658/!.-;6C/.;/71/!/P1/0;-720!5.!65D0/.!8/!./?!62X.I! 745 ! 2..?;-785 ! 0/.657.2D-C-828/. ! / ! 62..2785! 25. ! (.1285. ! i7-85. ! 5! A57105C/ ! 8/ ! .?2! 65CX1-A2G!(;!./?!C-O05I!o#!5?102!:?/002!2;/0-A272E!#1/0050-W2785!2!"5C[;D-2pI!*5?:! )15r/.!lJKKfm!2F-0;2!B?/!5!9C275!"5C[;D-2!@!?;!605:02;2!.?D508-7285!2!o?;2!:?/002! 8/!A57102=-7.?0:Q7A-2!;2-.!2;6C2!A57102!2.!U#a"!/!2!.5A-/828/!A-O-C!A5C5;D-272pG 9202!5.!(.1285.!i7-85.I!5!9C275!"5C[;D-2!O-05?!145!.5;/71/!?;!605:02;2!8/! A5;D21/!Z.!805:2.I!5!B?/!CS/.!:20271-2!?;2!Y?.1-F-A21-O2!6202!2!;-C-120-W2345!85!6C275!/! 2!AS27A/!8/!-7./0-0!./?!2620/CS5!;-C-120!72!#;@0-A2!85!)?CG!9202!2!"5C[;D-2I!5!6C275! 50-:-72C ! 605;/1-2 ! 5 ! 0/F5035 ! 82. ! F5032. ! 8/ ! ./:?02732I ! 2 ! 0/F50;2 ! 8/ ! ./? ! 2620/CS5! Y?8-A-T0-5I!2!605;5345!85.!8-0/-15.!S?;275.I!2!.?D.1-1?-345!8/!6C27123k/. !-C/:2-. !8/! A5A2X72 ! / ! 2 ! A57F-0;2345 ! 85 ! A57105C/ ! / ! 82 ! 60/./732 ! 85 ! (.1285 ! /; ! T0/2. ! 0?02-.! A57105C282.!650!:0?65.!:?/00-CS/-05.!/!6202;-C-120/.!liG)G!`ia(#i!+U!e(),(aH! b($%)9b(a(!#UU#%a)I!JKKKmG!! # ! 02W45 ! 6/C2 ! B?2C ! 5. ! (.1285. ! i7-85. ! ./ ! 6056?./02; ! 2 ! 265-20 ! ?; ! 9C275 ! 8/! 0/A57.10?345!72A-572C!B?/!-:7502!2.!02XW/.!85!605DC/;2!/!./?.!0/.657.TO/-.I!A578/7285! 6/C2 ! #7-.1-2 ! %71/072A-572C ! / ! 2D27857285 ! 650 ! 1585. ! 5. ! 5?105. ! 62X./. ! 25. ! B?2-. ! F5-! .?D;/1-85 ! @ ! .-;6C/.E ! 2 ! 8/F/.2 ! 85. ! -71/0/../. ! /.128?7-8/7./.I ! B?/ ! ./ ! .5D0/6k/; ! 2! sN B?2-.B?/0!-71/0/../!/!7/A/..-828/!C21-75=2;/0-A275.G!+.!-71/0/../.!O-12-.!85.!(.1285.! i7-85. ! 72 ! #;@0-A2 ! &21-72 ! YT ! F502; ! ;/7A-57285. ! 0/6/1-82. ! O/W/. ! 7/.1/ ! 102D2CS5G ! +! /;D2-P2850!$20A!>05..;27!12;D@;!/.AC20/A/?!2!60/5A?62345!/.128?7-8/7./!A5;!2! 2;/232!B?/!o2.!U#a"!/!5!(&H!0/60/./712;!‹GGGŒ!25.!i€!NGM!D-CSk/.!/;!-7O/.1-;/715.! 8-0/15.!85.!(.1285.!i7-85.!72!"5C[;D-2pG!>05..;27!2F-0;5?!B?/!212B?/.!o1/0050-.12.p! 25 ! 5C/58?15 ! "2•5 ! &-;< ! lNNKr; ! 25 ! 7508/.1/ ! 8/ ! `5:51Tm ! 2;/232O2; ! 2 ! ./:?02732! /7/0:@1-A2 ! 85. ! (.1285. ! i7-85.G ! (; ! JKKLI ! 2 ! "5C[;D-2 ! F507/A-2 ! M• ! 85 ! 6/10<C/5! -;6501285!6/C5.!(.1285.!i7-85.I!2C@;!8/!1/0!0/./0O2.!.?D.127A-2-.!8/!<C/5!/!:T.!721?02C! l>a+))$#HI!JKKKmG #.!75O2.!-7.12C23k/.!;-C-120/.!85.!(.1285.!i7-85.!72!"5C[;D-2!A57.1-1?/;!?;2! 6C212F50;2!A262W!8/!:20271-0!A57105C/!2@0/5!/!2A/..5!0T6-85!Z!#;2W[7-2!/!O2.12!650345! 85 ! 1/00-1<0-5 ! .?C=2;/0-A275G ! H5 ! 85A?;/715 ! 2..-7285 ! /710/ ! 5. ! (.1285. ! i7-85. ! / ! 2! "5C[;D-2I!5!:5O/075!A5C5;D-275!1027.F/0-2!6202!5.!(.1285.!i7-85.!5!2A/..5I!?.5!/! 60560-/828/!82!D2./!2@0/2!>/0;T7!+C275!$50/75!l92C27B?/05mI!82!D2./!2@0/2!#CD/015! 92c/CC. ! a580X:?/W ! l$2C2;D5mI ! 85 ! F501/ ! ;-C-120 ! ,5C/;2-82 ! lH-C5mR ! 85 ! F501/ ! ;-C-120! &20278-2!lUC50Q7A-2mI!82!D2./!2@0/2!"26-1T7!&?-.!U/072785!><;/W!H-75!l#6-2]mI!82! D2./ ! 72O2C ! #a"! `5CXO20 ! l"2012:/72m ! /! 82 ! D2./ ! 72O2C ! #a"! $TC2:2 ! l`2X2 ! $TC2:2mG! )/:?785!5!2A5085I!2.!-7.12C23k/.!./0O-0-2;!6202!56/023k/.!271-720A<1-A5.!/!8/!A5;D21/! 25!1/0050-.;5R!./0-2;!?.282.!6202!10/-72;/715.!/!/P/0AXA-5.!A5;D-7285.!/!56/023k/.!8/! O-:-C\7A-2!/!0/A57S/A-;/715!B?/!O-.2../;!2!6051/:/0!2!"5C[;D-2!/!1582!2!0/:-45!A57102! o2;/232. ! Z ! 62WI ! /.12D-C-828/I ! C-D/0828/ ! / ! 8/;5A02A-2p ! l(),#*+) ! iH%*+) ! Ž! "+&•$`%#I!JKKsmG! sf -;a;*`Z*#.!D2./.!A5C5;D-272. +CND@Z!0/O5C?A25O-/172;-12GDC5:.651GA5; )5D!F501/.!A0X1-A2.!85.!:5O/075.!82!#;@0-A2!85!)?CI!5!*/62012;/715!8/!*/F/.2! 85.!(.1285.!i7-85.!;271/O/!2!2F-0;21-O2!8/!B?/!.?2.!-7.12C23k/.!72!"5C[;D-2!./0O-2;! 6202!820!.?6501/!Z!./:?02732!S/;-.F@0-A2!/!A5;D21/0!5!720A510TF-A5G!i;!85A?;/715!82! U5032 ! #@0/2 ! 85. ! 60<60-5. ! (.1285. ! i7-85.I ! /710/12715I ! 2B?/A/? ! 5. ! \7-;5. ! 8/! :5O/07271/.!.?C=2;/0-A275.!25!2657120!5DY/1-O5.!;2-50/.!6202!2.!D2./.!A5C5;D-272.G! )/:?785!2!i)#UI!2.!D2./.!72!"5C[;D-2!6/0;-1/;!25.!(.1285.!i7-85.!2A/..5!0T6-85!2! :0278/ ! 6201/ ! 85 ! 1/00-1<0-5 ! 85 ! )?DA571-7/71/I ! A57105C/ ! / ! O-:-C\7A-2 ! 8/ ! A500/850/. ! 8/! 6/10<C/5!l2!'/7/W?/C2!@!0/.657.TO/C!6/C5!F507/A-;/715!8/!LM•!85!6/10<C/5!-;6501285! 6/C5.!(.1285.!i7-85.m!/!2!/710282!/;!W572.!./7.XO/-.!82!65CX1-A2!0/:-572CG!>5O/075.! A5;5 ! 5 ! 8/ ! b?:5 ! "STO/W ! / ! (O5 ! $502C/.I ! 26571285. ! A5;5 ! 028-A2-. ! 8/ ! /.B?/082 ! /! A57.-8/0285. ! 2;/232. ! 1/0050-.12.I ! /.145 ! .5D ! 2 ! A57.1271/ ! 21/7345 ! 82. ! F5032. ! 7501/= 2;/0-A272.!72!0/:-45G + ! 85A?;/715 ! 82 ! i)#UI ! 821285 ! 8/ ! ;2-5 ! 8/ ! JKKsI ! 0/B?/0-2 ! F?785. ! 6202 ! 5! 8/./7O5CO-;/715 !82!D2./!2@0/2 !>/0;T7 !+C275!$50/75I!/;!92C27B?/05I!60<P-;2 !82! '/7/W?/C2G!)/0-2;!A57.10?X82.!?;2!02;62!/!?;!2/0565015!oA5;6C/12;/71/!F?7A-572-.I! 6202!265-20!2!;-..45!85.!(.1285.!i7-85.!72!"5C[;D-2!/!72!T0/2!8/!0/.657.2D-C-828/!85! "5;2785 ! )?C ! 85. ! (.1285. ! i7-85.p ! liG)G ! *(9#a,$(H, ! +U ! ,b( ! #%a ! U+a"(I! JKKsmG!+!B?/!./0-2;!D2./.!6202!2Y?820!75!A57105C/!85!720A510TF-A5I!15075?=./!?;!65715! 8/!O-:-C\7A-2!.5D0/!o:5O/075.!271-=2;/0-A275.p!60/./71/.!72!#;@0-A2!85!)?CG sq + ! 8/./7O5CO-;/715 ! ‹82 ! D2./ ! 8/ ! 92C27B?/05Œ ! 605;5O/ ! ?;2! 56501?7-828/ ! n7-A2 ! 6202 ! 1585 ! ?; ! /.6/A105 ! 8/ ! 56/023k/. ! /;! ?;2!.?D=0/:-45!A0X1-A2!8/!75..5!b/;-.F@0-5I!578/!2!./:?02732!/! 2 ! /.12D-C-828/ ! /.145 ! .5D ! 2 ! A57.1271/ ! 2;/232 ! 8/ ! -7.?0:Q7A-2.! 1/0050-.12. ! F-727A-282. !650 ! ‹8-7S/-05 !8/Œ !720A<1-A5.I ! :5O/075.! 271-=2;/0-A275.I ! 65D0/W2 ! /78Q;-A2 ! / ! 8/.2.10/. ! 721?02-.! 0/A500/71/.G n#(%-I*JKKbo a/A508/=./!5!B?/!5!:/7/02C!d2;/.!,G!b-CCI!Z!F0/71/!85!"5;2785!)?C!85.!(.1285.! i7-85. ! 8/ ! JKKJ ! 2 ! JKKNI ! 265715? ! B?/ ! S2O-2 ! 85-. ! 1-65. ! 8/ ! 2;/232. ! 25. ! -71/0/../.! /.128?7-8/7./. ! 72 ! #;@0-A2 ! &21-72G ! i; ! 85. ! 1-65.I ! 8/ ! 2A5085 ! A5; ! 5 ! ;-C-120I ! /02;! 2;/232.!1028-A-572-.I!A202A1/0-W282.!6/C5!o720A51/0050-.;5pI!:27:?/.!?0D272.!/!5?105.! :0?65.!-C/:2-.!20;285.I!2C@;!8/!?;2!.?65.12!2;/232!-.C\;-A2I!72!,0X6C-A/!U0571/-02G!+! 5?105 ! 1-65 ! 8/ ! 2;/232 ! F5- ! AS2;285 ! 6/C5 ! >/7/02C ! 8/ ! o2;/232. ! /;/0:/71/.pI ! 5 ! B?/! A57.-.1-2!75!o656?C-.;5!028-A2CI!B?/!212A2!5!605A/..5!8/;5A0T1-A5I!25!-7O@.!8/!6051/:/0! 5.!8-0/-15.!-78-O-8?2-.pG!+!;-C-120!A/012;/71/!./!0/F/0-2!25.!:5O/075.!8/!b?:5!"STO/WI! 72 ! '/7/W?/C2I ! / ! (O5 ! $502C/.I ! 72 ! `5CXO-2I ! A?Y2. ! 65CX1-A2. ! .45 ! A57.-8/0282. ! 650! e2.S-7:157!A5;5!?;2!.@0-2!2;/232!25.!./?.!-71/0/../.!72!#;@0-A2!&21-72G!)/:?785! b-CCI ! /.1/. ! :5O/075.I ! 60/.5. ! 2 ! F0?.1023k/. ! A2?.282. ! 6/C5 ! oF02A2..5 ! 8/ ! 0/F50;2.! 8/;5A0T1-A2.pI!o0/F5032;!.?2.!65.-3k/.!028-A2-.I!-7FC2;2785!./71-;/715.!A5710T0-5.!25.! (.1285.!i7-85.pG!!#.!75O2.!D2./.!/.128?7-8/7./.!72!"5C[;D-2I!65012715I!60/.12O2;=./! 745!26/72.!25!A5;D21/!25!720A510TF-A5G!#!i)#U!YT!60/6202O2!;?82732.!.?F-A-/71/.!72! D2./!8/!92C27B?/05!6202!CS/!:20271-0!2CA27A/!/!A57105C/!.5D0/!:5O/075.!o0/D/C8/.p!.?C= 2;/0-A275.G!+!85A?;/715!82!U5032!#@0/2!85.!(.1285.!i7-85.!A571-7?2O2!2!8/.12A20!2! -;6501\7A-2!82.!0/F50;2.!72!D2./!A5C5;D-272E 92C27B?/05 ! @I ! -7B?/.1-572O/C;/71/I ! 5 ! ;/CS50 ! C?:20 ! 6202 ! ./! -7O/.1-0 ! /; ! -7F02=/.10?1?02 ! / ! 8/./7O5CO-;/715 ! 8/7105 ! 82! "5C[;D-2G!)?2!C5A2C-W2345!A/7102C!/.1T!8/7105!85!2CA27A/!82.! 56/023k/.!A57102!5!720A51/0050-.;5!72!A508-CS/-02!85.!#78/.G! ‹GGGŒ!#!-71/7345!@!2?;/7120!2!S2D-C-828/!85.!(.1285.!i7-85.!8/! 0/.6578/0!026-82;/71/ !2!A0-./.!/!2../:?020!2A/..5!0/:-572C!/! 60/./732 !2! ?;! A?.15! ;X7-;5G ! 92C27B?/05! 26<-2! 2! ;-..45 !8/! ;5D-C-828/I ! 605650A-572785 ! 2A/..5 ! 2 ! 1585 ! 5 ! A571-7/71/ ! .?C= 2;/0-A275I!A5;!/PA/345!85!"2D5!b507I!./!S5?O/0!A5;D?.1XO/C! 8-.657XO/CR!/I!./;!2D2.1/A-;/715I!2!;/128/!85!A571-7/71/G! n#M#(%-I*JKKbo st +!85A?;/715!2-782!2F-0;2!B?/!./!/.12.!;58-F-A23k/.!745!F50/;!/P/A?1282.I!2! S2D-C-828/!85!i))5?1S"5;!8/!265-20!2!95.1?02!8/!*/F/.2!>C5D2C!85.!(.1285.!i7-85.! /.120T!o./0-2;/71/!C-;-1282pG!)/;!2.!;58-F-A23k/.!72!D2./!8/!92C27B?/05I!2.!23k/.!85! i))5?1S"5;!./0-2;!C-;-1282.!2!5?102.!B?2105!-7.12C23k/.I!oB?/!26/72.!5F/0/A/;!265-5! 2@0/5!2!;-..k/.!8/!A5;D21/!2!720A<1-A5.pI!/!5?102.!8?2.I!/;D502!745!./Y2;!C-;-1282.!25! A5;D21/!Z.!805:2.I!/.145!;?-15!8-.1271/!82!T0/2!8/!0/.657.2D-C-828/!85!"5;2785G!"5;! 26/72.!/.1/!85A?;/715I!2!U5032!#@0/2!85.!(.1285.!i7-85.!/P6[.!5.!0/2-.!;51-O5.!85! :5O/075!85.!(.1285.!i7-85.!6202!-7./0345!8/!.?2.!F5032.!72!"5C[;D-2G!#!'/7/W?/C2!/! .?2.!0/./0O2.!8/!6/10<C/5I!B?/!2D2.1/A/;!5!;/0A285!/.128?7-8/7./!/;!21@!Lt•!8/!.?2.! -;650123k/.I!2;/2320-2!./O/02;/71/!2!./:?02732!/7/0:@1-A2!85.!(.1285.!i7-85.!75!A2.5! 8/!A501/!8/!2D2.1/A-;/715G!e2.S-7:157!/!.?2.!F5032.!./!60/6202;!6202!5!A5;D21/!72! #;@0-A2!&21-72!/!745!8/-P2045!8/!26C-A20!./?!658/0-5!6202!8/F/78/0!./?.!-71/0/../.!72! 0/:-45G! sg 0CNO>SAcC #!/P627.45!85.!(.1285.!i7-85.I!2!7/A/..-828/!8/!:20271-0!;21@0-2.=60-;2.!/!2! D?.A2! 650!75O5.!;/0A285. !A57.?;-850/. !C/O5?!e2.S-7:157!2!8-.650!8/!?;!/750;/! 2620215!;-C-120!B?/I!8?0271/!2!>?/002!U0-2I!./!A57A/7105?!/;!145!.5;/71/!B?2105!62X./.! C21-75=2;/0-A275.R!;2.!B?/I!8/65-.!85!„LL!8/!./1/;D05…I!A5;!5!.?0:-;/715!8/!75O5.! A57A500/71/.!A5;/0A-2-.!/!2.!;?82732.!65CX1-A2.!/!.5A-2-.!72!#;@0-A2!&21-72!O-?!.?2.! -7.12C23k/.!;-C-120/.!./!;?C1-6C-A20/;!O/01-:-75.2;/71/G! (7B?2715 ! 5 ! -7-;-:5 ! 2 ! ./0 ! A5;D21-85 ! 21/78-2 ! 650 ! o"5;?7-.;5pI ! 5. ! (.1285.! i7-85. ! A57./:?-02; ! 2../:?020 ! 5. ! -71/0/../. ! 8/ ! .?2. ! /;60/.2. ! 72 ! #;@0-A2 ! &21-72! 2102O@. ! 82 ! ?1-C-W2345 ! 8/ ! OT0-5. ! 0/A?0.5.I ! -7AC?.-O/I ! 2102O@. ! 85 ! -7A/71-O5 ! 2 ! 8-128?02.! ;-C-120/.!/!82!-;65.-345!8/!2:/782.!8/!65CX1-A2.!6nDC-A2.!50-/71282.!650!50:27-.;5.! 8-15. ! o;?C1-C21/02-.pG ! +. ! 605:02;2. ! 8/ ! 10/-72;/715 ! 6202 ! ;-C-120/. ! / ! A-O-. ! C21-75= 2;/0-A275. ! F-727A-285. ! 6/C5 ! :5O/075 ! 8/ ! e2.S-7:157 ! D?.A2O2; ! A0-20I ! 75 ! ./-5 ! 82.! -7.1-1?-3k/. ! ;-C-120/. ! 82 ! 0/:-45I ! ?;2 ! A2.12 ! .-;6T1-A2 ! 25. ! 5DY/1-O5. ! / ! -71/0/../.! /.128?7-8/7./.G!)/8?W-85.!6/C2.!1028-3k/.!/!A5.1?;/.!85.!(.1285.!i7-85.I!260/./71285.! 2102O@.!85!%7.1-1?15!b/;-.F@0-A5!+A-8/712C!6202!"556/02345!/;!)/:?02732I!5.!;-C-120/.! C21-75=2;/0-A275. ! 2A2D2O2; ! 650 ! 8/F/78/0 ! 271/. ! 5. ! -71/0/../. ! /.128?7-8/7./. ! 85 ! B?/! 2B?/C/.!8/!.?2.!60<60-2.!656?C23k/.G + ! -71/715 ! 8/ ! 628057-W20 ! 2 ! 85?10-72I ! 5. ! 20;2;/715. ! / ! 5 ! 10/-72;/715 ! 82.! -7.1-1?-3k/. ! ;-C-120/. ! C21-75=2;/0-A272. ! A5; ! 2. ! .?2. ! 60<60-2. ! 6/0;-1-2 ! 25. ! (.1285.! i7-85.!A0-20!?;2!8?0285?02!F50;2!8/!8/6/78Q7A-2G!U-72C;/71/I!5!8/.:2.1/!85.!0/:-;/.! ;-C-120/.!B?/!:02..202;!6/C2!#;@0-A2!&21-72!8?0271/!B?2./!1585!5!6/0X585!82!>?/002! U0-2!F/W!A2X0/;I!?;2!2!?;2I!2.!8-128?02.!265-282.!650!e2.S-7:157!72!0/:-45G!)/;!;2-.! 5 ! .?6501/ ! 8/.1/. !0/:-;/.I ! 5. ! (.1285. !i7-85. ! ./!O-02; !6/08/785 !5! A57105C/ ! 8/!?;2! 0/:-45!B?/!15;2O2;!A5;5!6201/!8/!.?2!W572!721?02C!8/!-7FC?Q7A-2G!(02!7/A/..T0-5!A0-20! 75O2. ! F50;2. !8/ !A57105C/ !/!605Y/345!8/!658/0G !#!8-.6/0.45 !8/!./?!2620/CS5 !;-C-120! 2102O@. ! 82 ! 0/:-45 ! h ! /;D502 ! 745 ! ./ ! 1/7S2 ! 8285 ! A5;5 ! 0/.?C1285 ! /PAC?.-O5 ! 85! 6C27/Y2;/715 ! /.128?7-8/7./I ! YT ! B?/ ! 12;D@; ! 2. ! ;?82732. ! 72 ! 65CX1-A2 ! 0/:-572C! 605O5A202;!;?82732.!85!10215!8/!e2.S-7:157!h!21/78/!2!/.12!7/A/..-828/!8/!75O2.! F50;2.!8/!-7./0345!72!#;@0-A2!&21-72G! ss # ! C-D/0828/ ! 8/ ! -;60/7.2I ! 5 ! A0/.A-;/715 ! 85. ! ;5O-;/715. ! .5A-2-.I ! 2! 0/50:27-W2345!85.!6201-85.!65CX1-A5.I!2.!A2;627S2.!/C/-1502-.!/!2!2;6C-2345!82.!60/..k/.! 0/F50;-.12. ! 0/.?C1202; ! /; ! B?/.1-572;/715 ! :/7/02C-W285 ! 85 ! 85;X7-5 ! /.128?7-8/7./G! d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e2.S-7:157! A5;5!2;/232.!:02O/.!2!./?.!-71/0/../.!72!#;@0-A2!&21-72G #!8/F/.2!8/!./?.!;/0A285.I!5!F507/A-;/715!8/!;21@0-2.=60-;2.!B?/!5.!(.1285.! i7-85.!A57F-2O2;!./;60/!0/A/D/0!8/!6058?150/.!C21-75=2;/0-A275.!/!.?2!C-D/0828/!8/! 72O/:2345!2102O@.!82!0/:-45!/.12O2;!A5;605;/1-85.!A5;!2!/P-.1Q7A-2!8/!:5O/075.!B?/! YT ! 745 ! 5D/8/A-2; ! A/:2;/71/ ! Z. ! 508/7. ! O-782. ! 8/ ! e2.S-7:157I ! :5O/075. ! 2:502! 8/8-A285.!2!605;5O/0!0/F50;2.!.5A-2-.!/!;?82732.!605F?782.!72!B?2C-828/!8/!O-82!8/! .?2.!60<60-2.!656?C23k/.G!#!8/A-.45!85.!75O5.!:5O/075.!C21-75=2;/0-A275.!8/!A5C5A20! 5.!-71/0/../.!8/!.?2.!656?C23k/.!271/.!85.!-71/0/../.!/.128?7-8/7./.!O/-5!A5;5!.@0-2! 5F/7.2! Z. !8/1/0;-723k/. ! 8/! e2.S-7:157I! B?/! D?.A5? !75O2. !F50;2. !8/! :20271-0 ! ./?.! -71/0/../.I!YT!B?/!745!;2-. !1-7S2; !.5D!A57105C/!5. !:5O/07271/. !82!0/:-45G!(;!?;2! #;@0-A2!&21-72!B?/!605A?02!8/1/0;-720!./?.!60<60-5.!0?;5.I!5.!(.1285.!i7-85.!D?.A2;! 75O5.!;/-5.!6202!:20271-0!.?2!65.-345!8/!F5032G + ! F-; ! 82! >?/002 ! U0-2 ! C/O5? ! A57.-:5 ! 5! -7-;-:5 ! .5D0/! 5 ! B?2C ! 0/65?.2O2; ! 2.! Y?.1-F-A21-O2. !/.128?7-8/7./. !6202!;27?1/7345!8/!./?!/750;/!2620/CS5!8/!:?/002!/;! 0/850!85!;?785G!+!LL!8/!./1/;D05I!/710/12715I!o60/;-5?p!e2.S-7:157!A5;!?;!75O5! 5657/71/!A262W!8/!:2CO27-W20!5.!1/;50/.!82!656?C2345!/!Y?.1-F-A20!2!;27?1/7345!8/!.?2.! -7.12C23k/.!75!/.1027:/-05G!+!o1/0050-.;5pI!/710/12715I!/P-:-2!?;2!0/F50;?C2345!8/.1/! 2620/CS5I ! 75O2. ! /.1021@:-2. ! A262W/. ! 8/ ! A5;D21Q=C5G ! i;2 ! 0/8/ ! 8/ ! 6/B?/72. ! D2./.! 62..XO/-.!8/!2?;/715!F5-!8/./7S282!/!S5Y/!@!65.12!/;!60T1-A2G!)/;!;2-.!A578-3k/.!8/! A57O/7A/0!2!1585.!5.!:5O/075.!C21-75=2;/0-A275.!82!7/A/..-828/!8/!60/./732!8/!./?! 2620/CS5 ! ;-C-120 ! 8/7105 ! 8/ ! ./?. ! 1/00-1<0-5.I ! e2.S-7:157 ! 2:502 ! 7/:5A-2 ! 2A5085. ! 8/! A556/02345!D-C21/02CI!/78/0/32!605DC/;2.!C5A2-.!/!./!5F/0/A/!A5;5!620A/-05!72!0/.5C?345! 8/!A57FC-15.!C5A2-.G!,?85!2!F-;!8/!-7./0-0!./?!2620/CS5!;-C-120!/;!W572.!8/!./?!-71/0/../G! #5!-7O@.!8/!-;650!2!8/;5A02A-2!/!2!62WI!75!/712715I!2!60/./732!/.128?7-8/7./! /;!.5C5!/.1027:/-05!;5.102=./I!/;!;?-15.!A2.5.I!;51-O5!8/!B?/.1-572;/715I!271-621-2! LKK 82.!656?C23k/.!C5A2-.!25.!(.1285.!i7-85.!/I!21@!;/.;5I!;51-O5!6202!2!8/FC2:02345!8/! A57FC-15.G ! # ! #;@0-A2 ! &21-72 ! 62..2 ! 650 ! ?; ! 605A/..5 ! 8/ ! A57.10?345 ! 8/;5A0T1-A2I! -71/:02345!0/:-572C!/!8/./7O5CO-;/715!.<A-5=/A57[;-A5G!#!60/./732!;-C-120!/.1027:/-02I! ?;!C-;-121-O5!Z!2?1575;-2!85.!62X./.!5A?6285.I!2C-;/712!5.!A57FC-15.!/!8-O/0:Q7A-2.! /710/ ! 5. ! 62X./. ! .?C=2;/0-A275.I ! 658/785 ! 60/Y?8-A20 ! 5. ! 2O2735. ! /P6/0-;/71285. ! 6/C2! 0/:-45G ! #C@; ! 8-.15I ! 2 ! D-58-O/0.-828/I ! 2. ! 0/./0O2. ! /7/0:@1-A2. ! / ! 5. ! 0/A?0.5. ! SX80-A5.! C21-75=2;/0-A275. ! 60/A-.2; ! ./0 ! 8/F/78-85.G ! # ! F501/ ! 60/./732 ! ;-C-120 ! /.128?7-8/7./! A57F-:?02=./I ! A5;5 ! 8/;57.102 ! /.1/ ! 102D2CS5I ! /; ! ?;2 ! 2;/232 ! 2 ! /.1/. ! 0/A?0.5.G ! #! -7.12C2345!85!2620/CS5!8/!:?/002!/.128?7-8/7./!72!#;@0-A2!&21-72!D?.A2!8/F/78/0!5.! -71/0/../. ! /.128?7-8/7./. ! 72 ! 0/:-45I ! ;271@; ! ?;2 ! O-:-C\7A-2 ! 6/0;27/71/ ! .5D0/ ! 2.! 0-B?/W2.!721?02-.!C21-75=2;/0-A272.!/!CS/.!:20271/!?;!5CS5!O-:-C271/!A57.1271/!.5D0/!5.! :5O/075.!o0/D/C8/.p!82!0/:-45G! +D./0O2785=./!5.!85A?;/715.!82!>?/002!U0-2!/!A5;6202785=5.!25.!21?2-.I!75! /712715I!@!65..XO/C!6/0A/D/0!B?/I!2F502!5!75;/!85!-7-;-:5!h!271/.I!A5;?7-.;5R!2:502I! 1/0050!hI!65?A5!;?85?!75!/71/78-;/715!B?/!e2.S-7:157!1/;!82!#;@0-A2!&21-72G!+.! (.1285. !i7-85.!A571-7?2;!8/F-7-785!.?2.!65CX1-A2. !72!0/:-45!A5;!D2./!/;!0-B?/W2.! 721?02-. ! / ! 72 ! 7/A/..-828/ ! 8/ ! ;271/0 ! 25 ! C57:/ ! :5O/075. ! B?/ ! 745 ! CS/. ! .-:2; ! 2.! 8/1/0;-723k/.G ! #. ! ;?82732. ! 72 ! #;@0-A2 ! &21-72I ! /710/12715I ! D/; ! A5;5 ! 2. ! 60/..k/.! -71/072.!/.128?7-8/7./.I!5D0-:202;!2!?;!0/65.-A-572;/715!/!0/8-;/7.-572;/715!8/!./?! 2620/CS5G! #.!;?82732.!72!508/;!;?78-2CI!D/;!A5;5!2.!605F?782.!;?82732.!65CX1-A2.!/! .5A-2-.!5A500-82.!72!#;@0-A2!&21-72!85.!nC1-;5.!275.I!A57A500/;!6202!2!0/50:27-W2345! 85 ! 2620/CS5 ! ;-C-120 ! /.128?7-8/7./ ! 72 ! 0/:-45G ! # ! 8-;-7?-345 ! 75 ! 12;27S5 ! 8/ ! .?2.! -7.12C23k/.!745!658/!./0!/71/78-82!A5;5!6/082!8/!-71/0/../!5?!0/.6/-15!Z.!656?C23k/.! C21-75=2;/0-A272.R!21/78/;I!.-;I!2!?;2!7/A/..-828/!8/!C/O27120!;/75.!6051/.15.!C5A2-.I! O-.15!B?/!YT!745!@!145!FTA-CI!75!.@A?C5!jj%I!Y?.1-F-A20!/!A57O/7A/0!656?C23k/.!A2.1-:282.! 650 ! -71/0/../. ! 8/ ! ;/0A285 ! 82 ! D57828/ ! / ! 2C10?X.;5 ! /.128?7-8/7./.G ! #. ! -7.12C23k/.! ;/750/. ! D?.A2; ! 62..20 ! 8/.6/0A/D-82.I ! ;2. ! A571-7?2; ! 145 ! 75A-O2. ! / ! -7O28/; ! 12715! B?2715!-7O28-2;!2.!271-:2.!D2./.!;-C-120/.G!"5;!5!8-F/0/7A-2C!B?/I!./;!C/O27120!12715.! 6051/.15.I!658/;!62..20!8/.6/0A/D-82. !21@I!/7F-;I !/.120/;!-7.12C282. !/!F?7A-572785G! #C@; ! 85 ! B?QI ! 2. ! 75O2. ! 1/A75C5:-2.I ! 2O-k/. ! 8/ ! :?/002 ! ;2-. ! 0T6-85. ! / ! A262W/. ! 8/! 2102O/..20!6021-A2;/71/!1582!2!0/:-45!./;!7/A/..-828/!8/!0/2D2.1/A-;/715!/!2!026-8/W!82! ;5D-C-828/ ! 8/ ! 10562.I ! 6/0;-1/; ! B?/ ! /.12. ! 75O2. ! -7.12C23k/.I ! 2-782 ! B?/ ! ;/750/.I! A571-7?/;!2!:20271-0!25.!(.1285.!i7-85.!5!2CA27A/!/!A57105C/!.5D0/!./?.!-71/0/../.G!_?/! LKL 745 ! ./ ! /7:27/; ! 5. ! ;-C-120/. ! / ! :5O/075. ! C21-75=2;/0-A275.I ! e2.S-7:157 ! A571-7?2! ;271/785 ! ?; ! 5CS20 ! 21/715 ! .5D0/ ! 75..2 ! 0/:-45G ! ( ! ./? ! 5DY/1-O5 ! A571-7?2 ! ./785I ! 145! .5;/71/I!2!8/F/.2!85.!-71/0/../.!85.!(.1285.!i7-85.!72!#;@0-A2!&21-72G (.1/ ! 102D2CS5 ! ./ ! 8/8-A5? ! /.6/A-2C;/71/ ! Z. ! -7.12C23k/. ! ;-C-120/.I ! Z ! .?2! C5A2C-W2345I!/!D?.A5?!0/?7-0!-7F50;23k/.!2A/0A2!8/!.?2.!A262A-828/.G!#!8-F-A?C828/!8/! 2A/..5 ! 2 ! 85A?;/715. ! B?/ ! 8/12CS2../; ! 2 ! /.10?1?02 ! 8/ ! 8-O/0.2. ! -7.12C23k/. ! B?/ ! 7/;! ;/.;5!2620/A/;!/;!0/C21<0-5.!85!*/62012;/715!8/!*/F/.2!/.128?7-8/7./.I!271/.!8/! 21/.120!.?2!-7A-6-Q7A-2I!A5;605O2!.?2!-;6501\7A-2G!H/7S?;!62X.!S2O/0-2!8/!260/./7120! 25!;?785!1582.!2.!-7F50;23k/.!.5D0/!./?!2620215!8/!8/F/.2!h!/!8/!212B?/!hI!;?-15! ;/75.!5.!(.1285.!i7-85.I!B?/!./!8/8-A2;!;2-.!0/A/71/;/71/!2!?;2!A0?W282!A57102!5! A0-2850!85!.-1/ !>-J-('$J:I!d?C-27!#..27:/I!B?/!5?.5?!150720!6nDC-A2.!-7F50;23k/.!8/! ?;2 ! 8-12 ! o.5A-/828/ ! 8/;5A0T1-A2p ! 2 ! ?; ! ;?785 ! B?/ ! 5. ! (.1285. ! i7-85. ! 60/1/78/;! 8/;5A0T1-A5!12;D@;G #5!102120!2C:?;2.!82.!-7.12C23k/.!A5;5!o;/05.p!65.15.!8/!.21@C-1/.I!C2D5021<0-5.! 2;D-/712-.I!20;2W@7.!8/!/B?-62;/715.!745=/.6/A-F-A285.I!5.!(.1285.!i7-85.!0/8?W/;!2! A5712:/;!8/!-7.12C23k/.!/.62CS282.!745!26/72.!72!#;@0-A2!&21-72I!;2.!/;!0/850!85! ;?785G ! (.12. ! -7.12C23k/.I ! 75 ! /712715I ! A5;5 ! 8/;57.10285 ! 7/.1/ ! 102D2CS5I ! .45 ! 145! -;6501271/. ! B?2715 ! 2. ! :0278/. ! D2./. ! 82 ! >?/002 ! U0-2I ! A262W/. ! 8/I ! 026-82;/71/I! 1027.F50;20/;=./!/;!D2./.!A5;6C/12;/71/!56/02A-572-.G!#60/./7120!-7F50;23k/.!.5D0/! 5 ! 1-65 ! 8/ ! /B?-62;/715 ! 60/./71/ ! 7/.12. ! -7.12C23k/. ! @ ! 8/ ! :0278/ ! -;6501\7A-2 ! 6202! /.AC20/A/0!2-782!;2-.!5!0-.A5!B?/!A500/;!5.!62X./.!C21-75=2;/0-A275.!A5;!2!60/./732!85! -;/7.5 ! 2620/CS5 ! 8/ ! :?/002 ! /.128?7-8/7./ ! /; ! ./? ! 1/00-1<0-5G ! #. ! A578-3k/. ! 6202 ! 5! 8/./7O5CO-;/715!8/.1/!102D2CS5I!/710/12715I!75.!6?8/02;!A578?W-0!26/72.!21@!/.1/!65715! 85!A2;-7S5G!x!?;2!6/.B?-.2!/;!A57.1271/!2782;/715G LKJ M=H>=CTE;R=; ;o*,=?ECA*#<aE@AACA #&'()I!'T:7/0!"2;-C5G!2=ADFE=;*B@*S<*%N?C>?=<@NDC*+CEW;BCG!)45!92?C5E!&5]5C2I! JKKJG #H*(a)+HI!`/7/8-A1G!0C<SN=B;B@A*#<;T=N;B;AG!)45!92?C5E!"5;627S-2!82.!&/102.I! JKKgG #H*a#*(I!#72!$20-2!a-D/-05 !8/G !#A5085. !/!*/.2O/732. !72!95CX1-A2 !H?AC/20G !%7E! *+$%H>+)!H(,+I!$27?/C!l+0:GmG!/*-=>=D;E*@*;*0=wNO=;*NC*ME;A=>[*a-5!8/!d27/-05E! >02;;2I!JKLKI!OGLI!6G!LLt=LfKG #ƒ(a`(I!&?-.!U/072785!l50:GmG!(@*0>=NDCN*;*/H;<;*g*3C>dD=O;A*BCA*%AD;BCA*!N=BCA* a;E;*;*)<XE=O;*,;D=N;[*)45!92?C5E!(8-1502!iH()9E!905:02;2!8/!a/C23k/.! %71/072A-572-.!)27!,-2:5!*2712.I!JKKsG `#&#^a%)bH#HI!>562C!l+0:GmG !!<*-;a;*B;*yS@ADcC*";O=CN;>G!a-5!8/!d27/-05E! "5710265715I!JKKKG!MMf!6G!A26G!tI!6G!JKs=JJfG `#aa(,I!d5S7G!3;N;<;*0;N;>Z*lY;D*#D*#AI*lY;D*#D*-@;NA[!e2.S-7:157E! `-DC-5`2W220I!JKLKG!LNK6G `%**&(I!)1/6S/7G!-=>=D;E\*3C^@EE!(P6C2-7-7:!'-A150]!278!*/F/21!-7!$58/07!`211C/G!f! /8G!90-7A/157E!90-7A/157!i7-O/0.-1]!90/..I!JKKqG `&+eI!$-AS2/CG!)<@E=O;N*2@E=D;T@*2=ADCE\*CR*Lf*0C>CN=@AG!H5O2!%50B?/E!#;/0-A27! b/0-12:/!9?DCG!"5I!LsqtG `&i$I!e-CC-2;G!]=>>=NT*2Ca@Z*!['[*-=>=D;E\*;NB*0#)*#ND@E?@ND=CNA*'=NO@*lCE>B* l;E*##*g*3;ED*##[*&5780/.E!~/8!`55r.I!JKKMG `&#"^I!>/50:/G!.Y@*7CCB*"@=TYHCEG!H5O2!%50B?/E!9271S/57!`55r.I!LsggG! "#a'#&b+I!d5.@!$?0-C5!8/G!!F0"^$:&)E<;B;A*@*3C>dD=O;*NC*ME;A=>G!a-5!8/!d27/-05E! d50:/!~2S20!(8GI!JKKfG "b+$)^ƒI!H52;G!.Y@*0S>DSE@*CR*.@EECE=A<[!`5.157E!)5?1S!(78!90/..G!`5.157E! )5?1S!(78!90/..G!LsggG "+(&b+I!(8;?785!"2;65.G !%<*MSAO;*B@*#B@ND=B;B@E!+!(P@0A-15!/!2!65CX1-A2!72! .5A-/828/!D02.-C/-02G!a-5!8/!d27/-05E!a/A508I!JKKKG! "+iH"%&!+H!U+a(%>H!a(&#,%+H)G!!['[6,;D=N*)<@E=O;*&@>;D=CNAZ*#!H/c! *-0/A1-57!F50!2!H/c!a/2C-1]G!H5O2!ƒ50rE!90-71/8!-7!1S/!i7-1/8!)121/.!5F!#;/0-A2I!JKKgG LKM *#&%+I!*GdGR!$%ƒ#$+,+I!)S-:?/75C-!G!/*ME;A=>*@*;*0CNR@EwNO=;*B@*l;AY=NTDCN* lLsfLmG!b-.1<0-2!li7-O/0.-828/!(.128?2C!92?C-.12!dnC-5!8/!$/.B?-12!U-CS5!=!iH()9G! %;60/..5mI!OG!JgI!6G!ft=tgI!JKKsG *+$%H>+)!H(,+I!$27?/C!l+0:GmG!/*-=>=D;E*@*;*0=wNO=;*NC*ME;A=>G!a-5!8/!d27/-05E! >02;;2I!JKLKG *a(ƒUi))I!a/7/!#0;278G!LbmhZ*)*0CNqS=AD;*BC*%AD;BC[*9/10565C-.I!'5W/.I!LsgLG U%>i(%a(*+I!(?0-A5!8/!&-;2G!/A*-=>=D;E@A*@*;*(@<COE;O=;G!a-5!8/!d27/-05E!>022C! (8-150/.I!LsgKG >#)9#a%I!xC-5G!)*(=D;BSE;*%AO;NO;E;B;G!)45!92?C5E!"5;627S-2!82.!&/102.I!JKKJG >(&&H(aI!(07/.1G!+!#8O/715!85!H2A-572C-.;5!/!.?2!%71/060/12345E!+.!;-15.!82!72345! /!82!AC2../G!%7E!`#&#^a%)bH#HI!>562C!l+0:GmG !!<*-;a;*B;*yS@ADcC*";O=CN;>G! a-5!8/!d27/-05E!"5710265715I!JKKKG!MMf!6G!A26G!NI!6G!LKt=LfNG >a#b#$I!a-AS208G !ME=D;=N*x*DY@*/NA@D*CR*-CB@EN=G;D=CN *=N*ME;G=>*LijK6LbLhG! &5780/.E!"2;D0-8:/!i7-O/0.-1]!90/..I!LsttG >a#H*%HI!>0/:G!%<a=E@zA*lCEpAYCaZ!&21-7!#;/0-A2!278!1S/!a551.!5F!iG)G! %;6/0-2C-.;G!H5O2!ƒ50rE!$/10565C-127!`55r.I!JKKqG >i%$#a’()I!)2;?/C!9-7S/-05G!yS=NY@NDCA*;NCA*B@*a@E=R@E=;G!95015!#C/:0/ua-5!8/! d27/-05E!(8G!82!iUa>)u"5710265715I!JKKJG b#~(&,+HI!d5S7!bG!.Y@*(@O>;E;D=CN*CR*#NB@a@NB@NO@Z*#DA*2=ADCE\R!9?DC-A285! 50-:-72C;/71/!/;!LsKqG!H5O2!%50B?/E!*2!"265!90/..I!LstKG! b%&,+HI ! )127C/]G !/ * ME;A=> * @ * ; * 0E=A@ * #ND@EN;O=CN;>Z * LbfK6LbhjG ! a-5 ! 8/ ! d27/-05E! "-O-C-W2345!`02.-C/-02I!LstfG ‚‚‚‚‚‚G !! /*ME;A=>*@*;A*7E;NB@A*3CDwNO=;AZ*LbfK6LbfbG!a-5!8/!d27/-05E!"-O-C-W2345! `02.-C/-02I!LsttG ‚‚‚‚‚‚G !'SVAD=O;*ACHE@*C*ME;A=>Z! #!b-.1<0-2!82!(.6-572:/;!#C/;4!75!`02.-CI!LsMM= LsNNG!a-5!8/!d27/-05E!"-O-C-W2345!`02.-C/-02I!LsttlDmG b%a),I!$57-A2G!ME;A=>6%AD;BCA*!N=BCAZ*8/./7A57105.!/!2F-7-828/.G!a-5!8/!d27/-05E! U>'I!JKKsG! b+`)`#eHI!(0-AG !%E;*BCA*%PDE@<CAE!+!D0/O/!.@A?C5!jj!lLsLN=LssLmG!)45!92?C5E! "5;627S-2!82.!&/102.I!LssfG ‚‚‚‚‚‚G!";Wv@A*@*";O=CN;>=A<CA!8/.8/!LtgKG!N!/8G!)45!92?C5E!92W!/!,/002I!JKKNG d+bH)+HI!(;50]!a-AS2G!.Y@*3;N;<;*0;N;>*)NB*0C<<@EO@G!e2.S-7:157E! `-DC-5&-F/I!JKLKG!MMJ6G LKN ^((>#HI!d5S7G!!<;*2=ADFE=;*B;*7S@EE;G!)45!92?C5E!"5;627S-2!82.!&/102.I!LssqG ^(HH(*ƒI!92?CG!.Y@*&=A@*;NB*R;>>*CR*DY@*TE@;D*aC^@EAG!H5O2!%50B?/E!U-0.1!'-712:/! `55r.!(8-1-57I!LsgsG ^b#HH#I!9202:G!/*'@TSNBC*-SNBCZ*-;6@0-5.!/!-7FC?Q7A-2.!72!75O2!508/;!:C5D2CG! a-5!8/!d27/-05E!%710X7./A2I!JKKgG ^%H~(aI!)1/6S/7G!/?@EDYEC^Z*)<@E=O;zA*0@NDSE\*CR*&@T=<@*0Y;NT@*REC<*2;^;==* DC*#E;q[*H5O2!%50B?/E!,-;/.!`55r.I!JKKtG &“H%HI ! 'C28-;-0 ! %CC-ASG !/ * =<a@E=;>=A<CI * R;A@ * R=N;> * BC * O;a=D;>=A<CG !)45 ! 92?C5E! "/712?05I!JKKJG &i,~I!"21S/0-7/G!.Y@*M;A@A*CR*%<a=E@Z*.Y@*7>CH;>*'DESTT>@*;T;=NAD*!'*-=>=D;E\* 3CADA[*&5780/.E!9C?15!90/..I!JKKsG $#H*(&I!(07/.1G !/*'=TN=R=O;BC*B;*'@TSNB;*7S@EE;*-SNB=;>G!)45!92?C5E!(8-1502! w1-A2I!LsgsG $#_i%#'(&I!H-A5C2?G !/*3EdNO=a@*@*%AOE=DCA*3C>dD=OCAG!)45!92?C5E!U5CS2!8/!)45! 92?C5I!JKLKG $#a,%H)I!$[7-A2!*-2.!=!/*M;NOC*-SNB=;>*@*;*D@EE;*l50:GmG!+F/7.-O2!/!0/.-.1Q7A-2!72! #;@0-A2!&21-72I!wF0-A2!/!w.-2G!)46!92?C5E!'-02;?785I!JKKNG! $#a,%H)!U%&b+I!dG!aG!G!$20-7S2E!1/A75C5:-2!/!65CX1-A2G!%7E!*+$%H>+)!H(,+I! $27?/C!l+0:GmG!/*-=>=D;E*@*;*0=wNO=;*NC*ME;A=>[*a-5!8/!d27/-05E!>02;;2I!JKLKI!OG!LI! 6G!ft=tNG !$""#HHI!U027r!*G!)*)>=;NW;*ME;A=>6%AD;BCA*!N=BCAI*Lbf`6LbhjG!a-5!8/!d27/-05E! `-DC-51/A2!85!(P@0A-15I!LssfG ‚‚‚‚‚‚G !'C>B;BCA * B; * 3VDE=; * g * 2=ADFE=; * BC * %PXEO=DC * HE;A=>@=EC * nLiib6Lbf`o[! )45! 92?C5E!"5;627S-2!82.!&/102.I!JKKtG $(H(~()I!#CF0/85!82!$512!/!U%&b+I!9-5!9/772G!#ND@TE;WcC*E@T=CN;>Z*M>COCA* %OCNr<=OCA*N;A*&@>;Wv@A*#ND@EN;O=CN;=A[!a-5!8/!d27/-05!E!(C./O-/0I!JKKqG $+a#I!U027r!+GR!"++H(ƒI!d/00]!eGG!3;E;TS;\*;NB*DY@*!N=D@B*'D;D@AZ*(=AD;ND* )>>=@A!l,S/!i7-1/8!)121/.!278!1S/!#;/0-A2.mG!i7-O/0.-828/!82!>/50:-2I!JKKtG! $+,+ƒ#$#I ! )S5W5G ! "H9BE ! i;2 ! -7.1-1?-345 ! D02.-C/-02 ! 8/ ! 65CX1-A2 ! A-/71XF-A2 ! /! 1/A75C<:-A2!=!5.!60-;/-05.!275.G!,=?EC*B@*&@AS<CA*BC*#*0CNTE@AAC*,SAC6ME;A=>@=EC* B@*2=ADFE=;*B;*0=wNO=;*@*B;*.XON=O;G!xO502I!JKKKG ‚‚‚‚‚‚!l+0:GmG!!'3*`K*)NCAE!%;2:/7.!8/!?;2!b-.1<0-2!'-O-82G!)45!92?C5E!(8-1502!82! i7-O/0.-828/!8/!)45!92?C5I!JKKqG LKf $+,,#I!d/5O2SG !+CE<;WcC*BC*/R=O=;>*BC*%PXEO=DCG!a-5!8/!d27/-05E!`-DC-51/A2!85! (P@0A-15!(8-1502I!JKKLG H#,%+H#&!*(U(H)(!iH%'(a)%,ƒG!%?C>?=NT*!['[*ADE;D@T\*RCE*,;D=N*)<@E=O;* ;NB*DY@*0;E=HH@;NZ*<SDS;>*Y@<=AaY@E=O*OCNO@ENA*;NB*CaaCEDSN=D=@A*RCE*DY@*LbbKAG! U501!&/.C/]!dG!$AH2-0I!e2.S-7:157I!*"!E!H21-572C!*/F/7./!i7-O/0.-1]!90/..I!LssJG!Lsg! 6G! H%"+&(,,%I!a/7@G!#B@ND=B;B*\*RSDSEC*B@>*-@EOCASEZ*aCE*SN;*=ND@TE;O=FN*RSNB;B;* @N*?;>CE@A[!`?/75.!#-0/.E!&?:20G!LsssG 9("(_i%&+I!"0-.1-72!)50/27?G!)*aC>dD=O;*@PD@EN;*BCA*%AD;BCA*!N=BCAZ* OCND=NS=B;B@*CS*<SB;NW;{G!95015!#C/:0/I!(8G!iUa>)I!JKKM 9b%&&%9)I!aG!"58]G!/a@E;D=CN*USAD*0;SA@Z*#NOSEA=CN*=NDC*3;N;<;G!*-27/! 9?DC-.S-7:!"5;627]I!JKKNG 9%~~#,%I!&585O-A5G!/!UiH"^I!`/07208I!278!e50C8!`27rG!!%SECa@;N*=ND@TE;D=CNI* E@T=CN;>*aC>=O\I*;NB*TEC^DY&u!(8-1285!650!`/07208!U?7Ar!278!&585O-A5!9-WW21-!!e50C8! `27rI!e2.S-7:157I!*G"G!E!!JKKM a+i_i%xI!#C2-7!l"5508Gm!/A*3;ED=BCA*-=>=D;E@A*NC*ME;A=>G!a-5!8/!d27/-05E!a/A508I! LsgKG )#%H,=9%(aa(I!b@A150!/!$#,b%#)I!)?W/C/]!^G!%NDE@*?CDCA*@*HCD;AE!2.!F5032.! 20;282.!75!C2D-0-715!&21-75=#;/0-A275!85!75O5!;-CQ7-5G!U027A2I!iH()9I!JKKLG )"b+i&,~I!&20.G!%AD;BCA*!N=BCAZ*aCB@E*@*ASH<=AAcCG!i;2!S-.1<0-2!82!65CX1-A2! 7501/=2;/0-A272!/;!0/C2345!2!#;@0-A2!&21-72G!`2?0?E!(*i)"I!JKKKG )(%,(HUi)I!a-A2085G!/*ME;A=>*$;=*|*7S@EE;E!+!605A/..5!85!/7O5CO-;/715!D02.-C/-05! 72!)/:?782!>?/002!$?78-2CG!`20?/0-I!)45!92?C5E!$275C/I!JKKMG )b#9%a+I!"S20C/.G!.YE@;DAI*0CNO@ENAI*;NB*/DY@E*0Y;>>@NT@A*DC*DY@*)<@E=O;A[*;1'& PA?!K&I07"5$(S&A5='"502&\VV_R )$%,bI!>!`207/11G!.Y@*,=R@*;NB*%ND@EaE=A@A*CR*+@EB=N;NB*B@*,@AA@aA[*&5780/.E! eGbG!#CC/7I!LgsMG!Nt6G )9ƒ^$#HI!H-AS5C2.!d5S7G!)<@E=O;tA*'DE;D@T\*=N*^CE>B*aC>=D=OAZ!,S/!i7-1/8!)121/.! 278!1S/!D2C27A/!5F!65c/0G!i)#E!#0AS57!`55r.I!LstKG! ,+"_i('%&&(I!#C/P-.!8/G!)*B@<COE;O=;*N;*)<XE=O;!h!)/71-;/715.!/!+6-7-k/.G!)45! 92?C5E!$201-7.!U571/.I!JKKNG ‚‚‚‚‚‚G!.Y@*!N=D@B*'D;D@A*;NB*DY@*lCE>BE!eS/0/!#0/!e/!b/28/8yG!e2.S-7:157I! *G"GE!"/71/0!F50!(A575;-A!278!95C-A]!a/./20ASI!JKKgG '(&b+I!+1TO-5G!-;=A*E@;>=AD;A*BC*qS@*C*E@=!h!+A-8/712C-.;5I!0/C-:-45!/!;58/07-828/.! 2C1/0721-O2.G!a-5!8/!d27/-05E!,56D55r.!(8-1502I!JKKtG!MgM!6G LKq Ho*,=?ECA*%>@DErN=OCA #'(aƒI!a2C6S!(;;/1G*)<@E=O;zA*.E=S<aY*=N*3;N;<;G!"S-A2:5E!,S/!&GeG!e2C1/0! "5;627]I!LsLMG!*-.657XO/C!/;!‡*S116EuucccG/D55r.0/28GA5;u2?1S50.=/7:u02C6S= /;;/11=2O/0]u1S/=:0/21/.1=/7:-7//0-7:=F/21=-7=1S/=c50C8=21=6272;2=2?1S/71-A=278= A5;6C/1/=.15=SA-u62:/=f=1S/=:0/21/.1=/7:-7//0-7:=F/21=-7=1S/=c50C8=21=6272;2= 2?1S/71-A=278=A5;6C/1/=.15=SA-G.S1;C!ˆG!#A/..285!/;!JMGKNGJKKs `(#a*I!$-AS2/C!HGG!!N=D@B*'D;D@A*+CE@=TN*-=>=D;E\*';>@A*'DE;D@T\Z*0C;>=D=CN* MS=>B=NT*CE*3ECD@OD=NT*DY@*(@R@NA@*#NBSADE=;>*M;A@G!$2035I!LssfG!*-.657XO/C!/;! ‡S116EuuS278C/G81-AG;-CuLKKGJu#*#MJgJKsˆG!#A/..285!/;!KMGKtGJKLK "b+$)^ƒI!H52;G!/*qS@*C*.=C*';<*E@;><@ND@*qS@E{!`02.XC-2E!(8-1502!i7-O/0.-828/! 8/!`02.XC-2I!LsssG!*-.657XO/C! ‡S116EuucccG;-8-2-78/6/78/71/G50:u;/8-2uJKKsuLKuNfqLtLG68FˆG!#A/..285!/;! JMGKNGJKKs "+$%))’+!9#a"(a%#!9#a#!#)!#$xa%"#)G!&@a@NA;NBC*;A*&@>;Wv@A*%AD;BCA* !N=BCA*g*)<XE=O;*,;D=N;Z*!<;*3;EO@E=;*2@<=ARXE=O;*@<*S<*-SNBC*B@* .SEHS>wNO=;A[*e2.S-7:157G!JKKgG!*-.657XO/C!/;E!‡! cccGD055r-7:.G/8?uGGGuJKKguGGGC21-7‚2;/0-A2GGGuLLJN‚C21-7‚2;/0-A2‚62017/0.S-6‚6501?: ?/./G68FˆG!#A/..285!/;!JsGLLGJKKsG *a(eaƒ!)b%99%H>!"+H)i&,#H,)G!3;N;<;*0;N;>*'DSB\G!&5780/.E!H5O/;D05I! JKKfG!#A/..285!/;!KJGKMGJKKsG (H)"+a(I!)?.27!%GR!$(,~%H>(aI!$-02!*GR!e(`),(aI!d?C-/!&GG!.Y@*yS;EE\* 2@=TYDA*-=>=D;E\*&@A@E?;D=CN*=N*DY@*&@aSH>=O*CR*3;N;<;G!iG)G!#0;]!"506.!5F! (7:-7//0.E!H5O/;D05I!LssqG!#A/..285!/;!JqGLLGJKKsG $(*%,~I!)27802!eG!/!b#Ha#,,ƒI!*/77-.!$GI!/8-150/.G!3;N;<;Z*)*0CSNDE\* 'DSB\G!e2.S-7:157E!>9+!F50!1S/!&-D020]!5F!"57:0/..I!LsgtG!*-.657XO/C!/;! ‡S116EuuA5?710].1?8-/.G?.u6272;2uˆG!#A/..285!/;!KJGKMGJKKsG )$%,bI!d5./6SG!.Y@*!N=D@B*'D;D@A*;NB*,;D=N*)<@E=O;Z*;*Y=ADCE\*CR*)<@E=O;N* B=a>C<;O\I*L``m6JKKK[!!H5O2!%50B?/I!JKKfG!*-.657XO/C!/;!‡! S116EuuD55r.G:55:C/GA5;GD0uD55r.y -8†?0bKrPUb8#i"Ž60-71./A†F0571A5O/0Ž8B†d5./6S”);-1SI ”,S/”i7-1/8”)121/.”278”&21-7”#;/0-A2”E”2”S-.150]”5F”#;/0-A27”8-6C5;2A]I ”Lttq= JKKKI”JKKfGŽ.5?0A/†DCŽ51.†cWNb"/UsK.Ž.-:†b^;‚F:t`8+ƒSYYbg%%8YtP9‚j -5ŽSC†61=`aŽ/-†)dBB)N?$U.= j1:/`1%"N`_Ž.2†jŽ5-†D55r‚0/.?C1ŽA1†0/.?C1Ž0/.7?;†sŽO/8†K"*%_q#(c" #•O†57/62:/ŽB†ŽF†F2C./!ˆ!#A/..285!/;!KJGKfGJKLKG )+&&#H+I!#82CD/015!)2O-•<7!*-/W!8/G!a/FC/P-57/.!6202!?7!8-TC5:5!.5D0/!/A575;X2.! 6C?02C/.!2C!./0O-A-5!8/!C2!.5D/027X2!]!/C!8/.2005CC5G!%7!+)e#&*I!–0.?C2!lA5508GmI! 'CH@E;Nd;*\*B@A;EEC>>C*E@T=CN;>[!(C!$@P-A5!B?/!B?/0/;5.G!iH#$I!"5C12PI! LKt "272A-7102I!$@P-A5I!66G!Jqt=JgNG!*-.657XO/C!/;!‡S116EuuD55r.G:55:C/GA5;GD0uD55r.y -8†"a&N%_^i(M_"Ž6:†9#JqtŽC6:†9#JqtŽ8B†•JJa/FC/P-57/.”6202”?7”8•"M•#LC5:5”.5D0/”/A575;•"M•#*2.”6C?02C/.”2C”./0O-A-5”8/”C2”.5D/027 •"M•#*2”]”/C”8/.2005CC5 •JJŽ.5?0A/†DCŽ51.†e2:eAd."P(Ž.-:†7;f.90"F0U2g-Fi?qb5rbqƒƒceiŽSC†61 = `aŽ/-†ac9:,?M`d$YKK:>q02YJ*cŽ.2†jŽ5-†D55r‚0/.?C1ŽA1†0/.?C1Ž0/.7?;†LŽ O/8†K"`N_q#(c##•O†57/62:/ŽB†•JJa/FC/P-57/.•JK6202•JK?7•JK8•"M•#LC5:5•JK.5D0/•JK/A575;•"M•#*2.•JK6C?02C/.•JK2C•JK./0O-A-5•JK8/ •JKC2•JK.5D/027•"M•#*2•JK]•JK/C•JK8/.2005CC5•JJŽF†F2C./!ˆ!#A/..285!/;! KJGKMGJKKsG ),+^()I!*5?:G!)<@E=O;tA*/DY@E*l;EZ*.@EECE=G=NT*0C>C<H=;G!*-.657XO/C!/;!‡! S116EuuD55r.G:55:C/GA5;GD0uD55r.y-8†+5_)_c= ON6ƒ"Ž6:†9aLŽC6:†9aLŽ8B†85?:”.15r/.I”JKKfŽ.5?0A/†DCŽ51.†f;$%W= a08AŽ.-:†/$~]%:W0)5f,(/.-H8ƒ6&2*.s=(ŽSC†61= `aŽ.2†jŽ/-†Bb_+,sOf"ƒ7N::F"qs*_#cŽO/8†K"(ƒ_q#(c`#•O†57/62 :/ŽB†85?:•JK.15r/.•J"•JKJKKfŽF†F2C./!ˆ!#A/..285!/;!KJGKMGJKKsG iH%,(*!),#,()G!.Y@*(@O>;E;D=CN*CR*#NB@a@NB@NO@[*,S5;2.!d/FF/0.57!/!)2;!U-7rG! *-.657XO/C!/;!‡S116EuuD55r.G:55:C/GA5;GD0uD55r.y -8†]]JA7^FL-;ƒ"Ž60-71./A†F0571A5O/0Ž8B†?7-1/8”.121/.”-78/6/78/7A/ŽSC†61= `aŽ/-†= #bS,.^A+A9:1:/(]de"#cŽ.2†jŽ5-†D55r‚0/.?C1ŽA1†0/.?C1Ž0/.7?;†JŽO/8† K"*:_q#(c#_•O†57/62:/ŽB†?7-1/8•JK.121/.•JK-78/6/78/7A/ŽF†F2C./ˆ!G! #A/..285!/;!LJGKMGJKKsG e%#a*#I!b5c208!dGG!-=>=D;E\*ME;AA*$A[*0=?=>=;N*)O;B@<=OA*;D*DY@*";D=CN;>*l;E* 0C>>@T@[!(D55rI!&/P-7:157!`55r.E!JKLLG!*-.657XO/C!/;!‡! S116EuuD55r.G:55:C/GA5;GD0uD55r.y -8†ONc:Mec‚9^N"Ž6:†9#sfŽC6:†9#sfŽ8B†B?200]”S/-:S1.”.S-6.Ž.5?0A/†D CŽ51.†K&*t(Ybe)*Ž.-:†~;(rD].Fg1]$bj%]te;9O6.-`D%ŽSC†61= `aŽ/-†CdjC,6q_%%-%1c/5-‚MN`#Ž.2†jŽ5-†D55r‚0/.?C1ŽA1†0/.?C1Ž0/.7?;†LŽ O/8†K"`g_q#(c##•O†57/62:/ŽB†B?200]•JKS/-:S1.•JK.S-6.ŽF†F2C./ˆ! #A/..285!/;!LtGKsGJKKsG Oo*)ED=TCA*;O;Bw<=OCA #$#a#&I!a5D/015G!*/.2F-5.!25!O/XA?C5!C2732850!8/!.21@C-1/G!%7E!*+$%H>+)!H(,+I! $27?/C!l+0:GmG!/*-=>=D;E*@*;*0=wNO=;*NC*ME;A=>[*a-5!8/!d27/-05E!>02;;2I!JKLKG! #a,I!a5D/01!dGG!#!*/F/7.-DC/!*/F/7./E!#;/0-A2….!:0278!.1021/:]!2F1/0!1S/!"5C8!e20G! #ND@EN;D=CN;>*'@OSD=E\I!"2;D0-8:/I!$~I!$%,!90/..I!OGLfI!7GNI!6Gf=fMG!90-;2O/02I! LssLG `#H*(%a#I!&?-W!#CD/015!$57-WG!#!A0-./!82!#0:/71-72!/!5.!5DY/1-O5.!85.!(i#G! P*7.,)-!A,F-Q&!+$-4R6.$&I!275!%%I!7n;/05!LfG!92027TE!JKKJG LKg ‚‚‚‚‚‚G!#!-;6501\7A-2!:/565CX1-A2!82!#;@0-A2!85!)?C!72!/.1021@:-2!85.!(.1285.!i7-85.G! &@?=AD;*%Aa;WC*)O;Bw<=OC!H‰!gsI!+?1?D05!8/!JKKgG ‚‚‚‚‚‚G!`02.-C!/!5.!605A/..5.!8/!-71/:02345!0/:-572CE!$/0A5.?Cu#&"#I!-7E!&@?=AD;* %Aa;WC*)O;Bw<=OC*ffI!JKKNG!*-.657XO/C!/;E! ‡S116EuucccG/.62A52A28/;-A5GA5;GD0uKMMuMMD278/-02GS1;ˆG!#A/..5!/;E!JJ!8/!Y27/-05! 8/!JKLKG ‚‚‚‚‚‚G!(=<@NAcC*@ADE;DXT=O;!@*aC>dD=O;*@PD@EN;*BCA*%AD;BCA*!N=BCAI!)1G!&/57=a51I! JKKgI!;27?.A0-15I!66G!Mq=MtG ‚‚‚‚‚‚G!/*ME;A=>*OC<C*aCDwNO=;*&@T=CN;>*@*;*=<aCEDsNO=;*@ADE;DXT=O;*B;*)<XE=O;* BC*'S>*N;*AS;*aC>dD=O;*@PD@E=CE[!*-.657XO/C!/;E S116EuucccG2;/0.?0G50:G20u95C%71u`278/-02KsKJGS1;G!#A/..5!/;E!JJ!8/!Y27!8/!JKLKG! ‚‚‚‚‚‚G!+.!(i#!/!2!A0-./!72!'/7/W?/C2G*&@?=AD;*%Aa;WC*)O;Bw<=OCI!#75!%%I!7—!JKI! d27/-05!8/!JKKMG ‚‚‚‚‚‚G!3;E;TS;=6%!)Z*#EE@AaCNA;H=>=B;B@*@*;?@NDSE@=E=A<CG!*-.657XO/C!/;E! ‡cccG/.62A52A28/;-A5GA5;GD0uKfMufMD278/-02GS1;ˆG!#A/..5!/;E!JJ!8/!Y27/-05!8/! JKLKG! `#a,()#>b%I!%:7TA-5G!%AD;BC*;ODS;>*B@*>CA*aECO@ACA*B@*#ND@TE;O=FN*&@T=CN;>*B@* )<XE=O;*,;D=N;*\*@>*0;E=H@G!*/62012;/715!8/!(.1?8-5.!(A57[;-A5.G!i0?:?2]!h! '/7/W?/C2E!JKKsG!*-.657XO/C!/;!‡! S116EuucccGA-?GA5;G?]u-775O265012CuF-C/uNsNuLu/.1285‚2A1?2C‚8/‚C5.‚605A/.5.‚8/‚-71/ :02A-57‚2CAG68F!ˆ `(aa%>#HI!U0-82!/!e%H>+I!d5721S27G!,S/!`?.S!(FF/A1E!iG)G!$-C-120]!%7O5CO/;/71!-7! &21-7!#;/0-A2!a-./.I!*/O/C56;/71!278!b?;27-120-27!#-8!U2CCG!lCE>B*3C>=O\*#NAD=DSD@[* H5O2!ƒ50rE!JKKfG!*-.657XO/C!/;E‡!S116EuucccGA5;;5780/2;.G50:uO-/c.KfuLLKf= JLGS1;ˆG!#A/..5!/;E!KN!8/!8/W/;D05!8/!JKKsG `%HH(H*%d^I!b27.G!#;/0-A2….!$-C-120]!90-50-1-/.G!*'DE;D@T=O*+CES<I!e2.S-7:157= *"I!H21-572C!*/F/7./!i7-O/0.-1]I!7GJKG!U/O/0/-05I!LssfG `a(HH(aI!9S-C-6G!e2:-7:!-8/5C5:-A2C!c20E!271-=A5;;?7-.;!278!i)!F50/-:7!65C-A]!-7! "/7102C!#;/0-A2G!'CO=;>=AD*&@T=AD@EI!O5C?;/!JLG!a/-75!i7-85ILsgNG!*-.657XO/C!/;E!‡! S116.EuuY6.GC-D020]G?1505715GA2u-78/PG6S6u.0Ou201-AC/uO-/cuffLJ!ˆG!#A/..5!/;E!KJ!8/! 8/W/;D05!8/!JKKsG `a%H^&(ƒI!*5?:C2.G!*/;5A021-A!(7C20:/;/71E!,S/!"C-7157!*5A10-7/G!+CE@=TN* 3C>=O\I!7G!LKqI!66G!LLL!h!LJtG!)60-7:E!LsstG `a+9bƒI!a5D/01!/!~%aH%,(I!9/1/0G!i)!$-C-120]!,02-7-7:!F50!&21-7!#;/0-A2G! e2.S-7:157E!+CE@=TN*3C>=O\*#N*+COSAI!O5C?;/!JI!7n;/05!NgI!LsstG!*-.657XO/C!/;E! ‡S116EuucccGF50/-:765C-A]=-7F5A?.G50:uD0-/F.uO5CJuOJ7Ng;-C‚D58]GS1;CGˆG!#A/..5!/;E! KN!8/!8/W/;D05!8/!JKKsG `aiH(#iI!,S5;2.!"GG*"-O-C=$-C-120]!a/C21-57.!-7!&21-7!#;/0-A2E LKs ,S/!b/8:/S5:!278!1S/!U5P!a/O-.-1/8G!&@?=AD;*+S@EG;A*)E<;B;A*\*'CO=@B;BI!7n;/05! KLI!275!LsI!66G!LLL=LMLG!(.1285.!i7-85.I!JKKfG "#$9`(&&I!^?01!Ž!e#a*I!"/C/.1/G!H/c!`211C/!)121-57.yG!+CE@=TN*)RR;=EA2&'5C!gJI! H5G!fE!)/1/;D05u+?1?D05I!JKKM "#a9(H,(aI!,/8!>2C/7G!.Y@*!N=D@B*'D;D@A*;NB*.Y=EB*lCE>B*(=OD;DCEAY=aAZ )*0;A@*RCE*M@N=TN*(@D;OY<@NDG!%7.1-1?15!"215E!Lf!8/!2:5.15!8/!LsgfG!*-.657XO/C!/;! ‡S116EuucccGA215G50:u6?D.u62.u62KfgGS1;Cˆ "b#H,~%#a#I!,S2C-2G!3;N;<;zA*O;N;>Z*DY@*!'*B@a;EDSE@*;NB*3;N;<;zA*N@^*@E;[* '/045I!LssgG!*-.657XO/C!/;! ‡S116EuuF-78201-AC/.GA5;u6u201-AC/.u;-‚SDLMtu-.‚M‚JKu2-‚7JgtLMqJsuˆ "b#)(I!a5D/01!)GR!b%&&I!(;-C]!`GR!^(HH(*ƒI!92?CG!9-O512C!)121/.!278!iG)G! )1021/:]G!+CE@=TN*)RR;=EAI*e2.S-7:157=*"I!"5?7A-C!57!U50/-:7!a/C21-57.I!OGtfI!7GLI! 6GMM=fLG!d27/-05=U/O/0/-05I!LssqG "b+$)^ƒI!H52;G!b?;27-120-27!%;6/0-2C-.;E!,S/!H/c!*5A10-7/!5F!%;6/0-2C!a-:S1[* -CNDY>\*&@?=@^I!O5C?;/!qKI!7n;/05!NG!H5O2!ƒ50rI!JKKgG!*-.657XO/C!/;E!‡! S116EuucccG;571SC]0/O-/cG50:uKgKsKgAS5;.r]G6S6!ˆG!#A/..5!/;E!MK!H5OG!JKKsG "&%UUI!a5:/0R!,#H>a(*%I!)2;!dGR!/!e+a$i,bI!"S0-.1-7/!(GG.Y@*+SDSE@*CR*!'* /?@EA@;A*3E@A@NO@[!*-.657XO/C!/;! ‡:'\R-:5R.1`:'"=-.''54-5'`F-(':`<?PQ`TVTV\T`RRRTab<RRR`/1$*VUR*%C!ˆ "+H(,,#I!"20CR!^H%>b,I!"S20C/.G!95.1="5C8!e20!iG)G!$-C-120]!(P678-1?0/!-7!1S/! "571/P1!5F!e50C8!)6/78-7:!,0/78.G!7>CH;>*;NB*&@T=CN;>*#AAS@AI*"2;D0-8:/I!$#I!,S/! 905Y/A1!57!*/F/7./!#C1/0721-O/.G!d27/-05I!LsstG "+i,%Hb+I!$20A/C5I!b+UU$#HHI!#780/2!a-D/-05!/!^Uia%I!a/:-72G!a2-5!j!82! %71/:02345!a/:-572CG!%ADSBCA*@*0@NVE=CAG!9G!L=fgG!a-5!8/!d27/-05E!JKKtG! *#H")I!#7-12G!,S/!"5.1!5F!1S/!>C5D2C!iG)G!$-C-120]!90/./7A/[!+CE@=TN*3C>=O\*#N* +COSA[!e2.S-7:157I!*"E!U50/-:7!95C-A]!%7!U5A?.I!d?C]!JI!JKKsG!*-.657XO/C!/;E!‡! S116EuucccGF6-FG50:u0/6501.u1S/‚A5.1‚5F‚1S/‚:C5D2C‚?.‚;-C-120]‚60/./7A/!ˆG!#A/..5! /;E!KL!8/!$2035G!JKLKG *#HH(&)=aiUUI!^-;D/0C]R!e#,,)I!$-AS/CC/!#GG!!!'@OSE=D\*CR*DY@*3;N;<;*0;N;>* /N@*B@O;B@*;RD@E*!['[*B@a;EDSE@[!JKKsG *+$%H>+) ! H(,+I ! $27?/CG !#NR>S@NO@ * :DE;NT}E@ * B;NA * >; * <CB@EN=G;D=CN * B@ * > ~;E<X@*HEXA=>=@NN@&DTccU]TUaVLR&,/./!8/!85?150285I!i7-O/0.-828/!8/!920-.!%%%I!Lsts ‚‚‚‚‚‚G!!%7FC?Q7A-2!(.1027:/-02!/!&?12!%71/072!75!(P@0A-15!lLggs=LsMKmG!%7E!a+i_i%xI! #C2-7!l"5508Gm!/A*3;ED=BCA*-=>=D;E@A*NC*ME;A=>G!a-5!8/!d27/-05E!a/A508I!LsgKG ‚‚‚‚‚‚G !! #A/0A2!82!$58/07-W2345!85!(P@0A-15G!%7E !&@?=AD;*0C<SN=O;WcC*@*3C>dD=O;I! a-5!8/!d27/-05E!"(`(&#I!OG!JJI!7G!MG!JKKNG LLK ‚‚‚‚‚‚G!!>2;/C-7I!5!;58/07-W2850!85!(P@0A-15G!%7E!.@NAv@A*-SNB=;=AI!U5012C/W2E! +D./0O21<0-5!82.!H2A-572C-828/.R!)45!92?C5E!#772DC?;/I!OGMI!7GNG!6G!JLs=JfqI!Y27GuY?7G! JKKtG ‚‚‚‚‚‚G!!+!$-C-120!/!2!"-O-C-W2345G!%7E!.@NAv@A*-SNB=;=AI!U5012C/W2E!+D./0O21<0-5!82.! H2A-572C-828/.I!OGLI!7GLG!6G!Mt=tKI!Y?CGu8/WG!JKKfG *+$%H>+)!H(,+I!$27?/C!/!$#a,%H)I!$[7-A2!*-2.G!)-:7-F-A285.!85! H2A-572C-.;5!/!85!%71/072A-572C-.;5G!%7E!.@NAv@A*-SNB=;=A[!U5012C/W2I!OG!KJI!7‰G!KLI!6G! gK!h!LLKI!Y27Gu!Y?CG!JKKqG *eƒ(aI!^21S/0-7/G !'OYCC>*CR*DY@*)AA;AA=NAG !%71/0721-572C!)5A-2C-.1!a/O-/cI!O5C?;/! sG!+?1575I!LsssG! (H>(&b#a*,I!,5;G!&5.-7:!&21-7!#;/0-A2E!eS21!e-CC!1S/!+D2;2!*5A10-7/!D/! &-r/yI!.C<(=Aa;DOY[OC<G!H5O2!ƒ50rI!JKKgG&*-.657XO/C!/;E! ‡S116EuucccG15;8-.621ASGA5;u65.1uLtNsNLˆG!#A/..5!/;E!KM!8/!8/W/;D05!8/!JKLKG (H>&(aI!$20rG!.Y@*#B@C>CT\*H@Y=NB*0SEE@ND*!'*-=BB>@*%;AD@EN*3C>=O\*^;A* 'Y;a@B*0>CA@*DC*2C<@G!H5O2!ƒ50rE!>C5D2C!95C-A]!U50?;I!JKKqG!*-.657XO/C!/;E!‡! S116EuucccG:C5D2C65C-A]G50:uA5;657/7uA571/71u201-AC/uLffuJfsstGS1;C•2?1S50ˆ #A/..5!/;E!Js!8/!H5OG!JKKsG (ia+9(#H!"+$$%))%+H!#H*!,b(!e+a&*!`#H^G!0C<a@D=D=CN*,;^*;NB* &@T=CN;>*%OCNC<=O*#ND@TE;D=CNZ*)N*)N;>\A=A*CR*DY@*'CSDY@EN*-@B=D@EE;N@;N* 0CSNDE=@A[!>0"(%&3$5J&>0"J-54&Q$*'"I!7n;/05!MfG!e2.S-7:157I!*G"GE!JKKNG U%>i(%a(*+I!(?0-A5!8/!&-;2G!.Y@*EC>@*CR*DY@*<=>=D;E\*=N*,;D=N*)<@E=O;Z*;*OESO=;>* E@?=@^ * CR * DY@ * >=D@E;DSE@G ! )5A-/1] ! 5F ! &21-7 ! #;/0-A27 ! )1?8-/.I ! )c27./2 ! i7-O/0.-1]I! &5780/.I!2D0-C!8/!LstfG U&(,"b(aI!b200]!aGG !)=E*+CEO@*M;A@A*g*$C>S<@*##E!#-0!`2./.!+?1.-8/!1S/!i7-1/8! )121/.!5F!#;/0-A2G!e2.S-7:157!*"E!"/71/0!F50!#-0!U50A/!b-.150]I!i7-1/8!)121/.!#-0! U50A/I ! LssMG !*-.657XO/C ! /; ! ‡! S116EuucccG2FS.5G2FG;-Cu.S20/8u;/8-2u85A?;/71u#U*= LKKfJf=KqKG68Fˆ!#A/..5!/;!JJ!8/!5?1?D05!8/!JKLLG U+(a),(&I!&/7502G!$-C-120-.;!278!2!i7-=65C20!e50C8[!7>CH;>*&@A@;EOYG!"2728TE! JKKgG!*-.657XO/C!/;E!‡!S116EuucccG:C5D2C0/./20ASGA2u-78/PG6S6y A571/P1†O2Ž2-8†ssNqˆG!!#A/..5!/;E!KL!8/!8/W/;D05!8/!JKKsG >%#"#&+H(I!a-12G!#B@ND=B;B*%*#ND@TE;O=CN*&@T=CN;>[*%>*0;AC*(@*,;*0C<SN=B;B* 'SB;<@E=O;N;*(@*";O=CN@A!l".7mG!%7E!"57:0/..!5F!1S/!&21-7!#;/0-A27!)1?8-/.! #..5A-21-57I!f=g!JKKtG!$5710/2CI!"27282G! >+&*(aI!`/7!/!e%&&%#$)I!>/50:/G!lY;D*=A*z.@EECE=A<z{*3ECH>@<A*CR*,@T;>* (@R=N=D=CNG!i7-O/0.-1]!5F!H)e!&2c!d5?072CI!'5CG!JtI!H5G!JI!66G!JtK=JsfI!JKKNG! >+&%H>(aI!(O2G!-=>=D;E\*0C?@ESaZ*l;AY=NTDCN*;>D@EA*!'*)=E*+CEO@*BCOS<@ND*DC* Y=B@*=ND@ND=CNA*H@Y=NB*<=>=D;E\*;OOCEB*^=DY*0C>C<H=;G!>C5D2C!a/./20ASE!Jg!8/! LLL 75O/;D05I!JKKsG!*-.657XO/C!/;!‡S116EuucccG:C5D2C0/./20ASGA2u90-71#01-AC/G6S6y 201-AC/%8†LqMKgˆ 7&#--%..I * &=OY;EB * +[[ *!N=D@B * 'D;D@A * )E<\ * 'OYCC> * CR * DY@ * )<@E=O;AZ M;OpTECSNB * ;NB * 0CNTE@AA=CN;> * 0CNO@ENA[! U50/-:7 ! #FF2-0. ! 278 ! H21-572C! */F/7./!*-O-.-57G!*-.657XO/C!/;!‡S116EuucccGF2.G50:u-06uA0.u.52GS1;ˆ b#%>bI!)1/6S/7!92?CG!7>CH;>=G;WcC*@*%AD;BC*'CH@E;NCZ*)SDCE=B;B@*@* .@EE=DCE=;>=B;B@[!%7E!90-;/-02!+A/27-A!%71/0721-572C!)1?8-/.!"57F/0/7A/G!#?.10TC-2E! #?.102C-27!H21-572C!i7-O/0.-1]G!JKKNG! b#^%$I!9/1/0G!%.!e2.S-7:157!&5.-7:!&21-7!#;/0-A2yG*+CE@=TN*)RR;=EAI!O5C?;/!gfI!7‰G! LI!6G!Ms!h!fMG!H5O2!ƒ50rI!JKKqG!*-.657XO/C!/;E!‡! S116EuucccGF50/-:72FF2-0.GA5;u201-AC/.uqLMtJu6/1/0=S2r-;u-.=c2.S-7:157=C5.-7:=C21-7= 2;/0-A2!ˆG!#A/..5!/;E!Js!8/!H5OG!JKKsG b(aa(a#I!"20C5.G!i)!;-C-120]!60/../.!-1.!.6/20S/28!-715!.1021/:-A!,0-6C/!U0571-/0G! )P=A*CR*,CT=OG!JKKfG!*-.657XO/C!/;E!‡! S116EuucccG2P-.5FC5:-AGA5;u201;27u6?DC-.Su201-AC/‚LsLgJG.S1;CˆG!#A/..5!/;E!LN!8/! Y27/-05!8/!JKLK b(a~I!$[7-A2G!3C>dD=O;*B@*'@TSE;NW;*BCA*%AD;BCA*!N=BCA*a;E;*;*)<XE=O; ,;D=N;*;aFA*C*+=N;>*B;*7S@EE;*+E=;G!%7E!(.1?85.!#O273285.!LqlNqmI!JKKJG b+&$>a((HI!"S?ArG!';N*+E;NO=AOCzA*3;N;<;63;O=R=O*#ND@EN;D=CN;>*%PaCA=D=CNG! i7-O/0.-828/!82!'-0:X7-2I!JKKJG!*-.657XO/C!/;!‡! S116EuuP0528.GO-0:-7-2G/8?u˜;2KMuS5C;:0/7u66-/u60-71GS1;C!ˆ b+&,+HI!>02S2;!Ž!#i),%HI!a5D/01G!b5?O/!?;!S5C5A2?.15!AS-C/75y!%7E!.@NAv@A* -SNB=;=A[!U5012C/W2I!OG!KMI!7‰G!NI!6G!JsN!h!MNNI!Y27GuY?7G!JKKtG ^(&&(aI!d5S7G!0Y=N@A@*OC<a;N\*BC@ANzD*Ca@E;D@*DY@*3;N;<;*0;N;>*[[[*uSAD*HCDY* @NBA*CR*=D[!M!8/!Y?7S5!8/!JKKgG!*-.657XO/C!/;! ‡S116Euu;-C2/05GDC5:.651GA5;uJKKg‚KM‚KL‚20AS-O/GS1;Cˆ &#U#a>i(I!U02735-.G!"S-72….!90/./7A/!-7!&21-7!#;/0-A2G!0Y=N;*a@EAa@OD=?@AC*N•miI! 6G!J!h!LLG!JKKsG!*-.657XO/C!/;E! ‡S116EuuAS-726/0.6/A1-O/.G0/O?/.G50:u85A?;/71MKfMGS1;CG!ˆG!#A/..5!/;E!LN!8/!Y27/-05! 8/!JKLKG &($+)I!a/7215!G!)N=AD=;*@*OE=A@*aC>dD=O;*NC*ME;A=>*aFA6LbmhG!,565-!la-5!8/!d27/-05mI! a-5!8/!d27/-05I!7G!7G!fI!6G!Jgt=MLMI!JKKJG!*-.657XO/C!/;!‡! S116EuucccGC/;6G-FA.G?F0YGD0u-;2:/7.u1/P15.u#7-.1-2‚/‚A0-./‚65C-1-A2‚75‚`02.-C‚65.= qNG68Fˆ!#A/..5!/;!JK!8/!2:5.15!8/!JKLLG &%H*)#ƒ=9+&#H*I!d5S7G!iG)G!$-C-120]!`2./.!-7!&21-7!#;/0-A2!278!1S/!"20-DD/27G! +CE@=TN*3C>=O\*=N*+COSAG!e2.S-7:157!*"I!JKKgG!*-.657XO/C!/;E! ‡S116EuucccGF6-FG50:u201-AC/.u]27r//.‚S/28‚S5;/ˆG!#A/..5!/;E!KJ!8/!8/W/;D05!8/! JKKsG LLJ &%$#I!$20-2!a/:-72!)520/.!8/G!,/./.!/B?-O5A282.!.5D0/!2!+08/;!$?78-2C!6<.=>?/002! U0-2G!(;BCA*g*&@?=AD;*B@*0=wNO=;A*'CO=;=AI!a-5!8/!d27/-05I!%i9(adI!OGMsI!7GMI!6G!MsM= NJLI!LssqG &&#H+I!U/072785G!.Y@*7SAD*CR*l;EZ*,;D=N*)<@E=O;N*3@EAa@OD=?@A*CN*DY@*!'6 0C>S<H=;N*M;A@A*)TE@@<@NDG!E?<&d%'$:G!&5780/.E!JKKsG!*-.657XO/C!/;E!‡! cccJGC./G2AG?ru%*(#)uGGGuC21-7#;/0-A2905:02;;/u68F.u:?.15Fc20G68FˆG!#A/..5!/;E! KL!8/!8/W/;D05!8/!JKKsG $#%~I!a2;<7G!%78-27-.;5!/!/17572A-572C-.;5!72!`5CXO-2G!.@NAv@A*-SNB=;=A[!a-5!8/! d27/-05I!OG!fI!7G!gI!6GMs=qNI!Y?Cu8/WI!JKKsG $#a^)I!,S5;2.!#G*'SAD;=N;H=>=D\*CR*0C>C<H=;N*-=>=D;E\€'DE;D@T=O*'SaaCED*RCE* (@<COE;D=O*'@OSE=D\G!d?CS5I!JKKfG!*-.657XO/C!/;! •S116EuucccG.1021/:-A.1?8-/.-7.1-1?1/G20;]G;-Cu68FF-C/.u9i`qLKG68Fˆ!G!#A/..5!/;!JM!8/! Y?CS5!8/!JKLLG! $#a,%H)I!$[7-A2!*-2.G!+!`27A5!$?78-2C!/!2.!65CX1-A2.!6nDC-A2.!72!#;@0-A2!&21-72G! %7!)+#a()I!$20-2!)?.272!#005.2!l50:GmG!(@A@N?C>?=<@NDCI*OE=A@*@*B@<COE;O=;*N;* )<XE=O;*,;D=N;G!"*‚055;!85!jj'!"57:0/..5!82!#&#)I!95015!#C/:0/E!JKKfG ! ‚‚‚‚‚‚G!#.!65CX1-A2.!2:0T0-2.!85!`27A5!$?78-2C!72!#;@0-A2!&21-72G!%7E!"#a&(%#&! H(a,+I!#8/C-12!l50:GmG!3ECu@DCA*N;O=CN;=A*@*OCNR>=DCA*N;*)<XE=O;*,;D=N;G!U5012C/W2E! iU"E!JKKqG ! ‚‚‚‚‚‚G!>?/002!/!8/./7O5CO-;/715E!2.!-7FC/Pk/.!85!`27A5!$?78-2CG!.@NAv@A* -SNB=;=AG!U5012C/W2I!OG!MI!6G!fq=sfI!JKKtG! $(H*+H|#I!$20-2!&?-.2G!.Y@*!N=D@B*'D;D@A*<=>=D;E\*aE@A@NO@*=N*,;D=N*)<@E=O;[* )45!92?C5E!a/8/!)5A-2C!8/!d?.1-32!/!*-0/-15.!b?;275.I!JKKMG!*-.657XO/C!/;E!‡! S116Euu.5A-2CG50:GD0u0/C2150-5JKKM-7:C/.u0/C2150-5KMtGS1;ˆG!#A/..5!/;E!LN!8/!Y27/-05!8/! JKLKG $%ƒ#$+,+I!)S-:?/75C-G!>C5D2C-W2345!/!)/:?02732G!3;EO@E=;A*%ADE;DXT=O;AI!`02.XC-2I! $",!h!"/7105!8/!(.1?85.!(.1021@:-A5.I!OGLI!7GNI!8/W/;D05I!LsstG ‚‚‚‚‚‚G!+.!(.1285.!i7-85.!.5D!60/..45G!0CNuSNDSE;*3C>dD=O;I*`/C5!b50-W571/I! #`"9uiU$>I!5?1?D05I!JKKLG $+HU#H,(I!"/C/.1-75!#780@.!#02nW!Ž!>(&•)I!9210-A-2!9-WW?075G!%ADSB=CA*ACHE@*@>* 3;N;<V*E@aSH>=O;NC*Z*LbKf6Lbib[*LssqG!*-.657XO/C!/;!‡! S116EuucccGD-72CG2AG62uD?.A20uAC8/12CC/G6S6y-8†JKKŽF05;†Cˆ $ƒ"b#&(d^+!I!"]0-CG!*-01]!`?.-7/..I!*-01]!e20.E!iG)G=&21-7!#;/0-A27!a/C21-57.!-7! 1S/!JL.1!"/71?0]G!7>CH;>*&@A@;EOYI!O5C?;/!jj%%G!"2728TE!H/c!95C-1-A.!e-71/0!JKKsG +&)+HI!d5]I!!['[*-=>=D;E\*3ECTE;<<@A*^=DY*,;D=N*)<@E=O;*;NB*DY@=E*#<a;OD*CN* 2S<;N*'@OSE=D\I!-7!*-.20;2;/71!U50?;I!JKKJG LLM +ƒ+&#=ƒ($#%(&I!#01S?0G!.Y@*#<a;OD*CR*#ND@EN;D=CN;>*%N?=ECN<@ND;>*'@OSE=D\* CN*";D=CN;>*'C?@E@=TND\G!&#)#E!LssgG!*-.657XO/C!/;! ‡($:$R-58'"5$8-05$(R*-88R'%7`E!?!Uc`H@0($]e'#$-'(R*%C!ˆ 9#,#aa#I!H/-8/!/!`#(H%H>(aI!a5.272G!!+ECND=@E*;NB*-=TE;D=CN*=N* -%&0/'!&Z*-@;N=NTI*'a@O=R=O=D=@A*;NB*#<a>=O;D=CNAG!jj%'!>/7/02C!956?C21-57! "57F/0/7A/I!JKKLG!)2CO2850I!`02.-CI!%i))9G! 9("(_i%&+I!"0-.1-72!)50/27?G!#!,027.-345!85!9<.=>?/002!U0-2G!&@?=AD;*%>@DErN=O;* !N=H@EC*B@*3ECBSWcC*0=@NDdR=O;I!)45!92?C5I!O5C?;/!LI!JKKNG ‚‚‚‚‚‚G!#.!H45=_?/.1k/.!%71/072A-572-.G!-@E=B=;NC*h`!li7`mI!OG!d?CS5I!6G!JI!JKKgG 9(,a#)I!d2;/.G!i)=&21-7!#;/0-A27!a/C21-57.!-7!2!,-;/!5F!a-.-7:E!$-C-120-.;I! 9051/A1-57-.;!278!9-CC2:/G!)P=A*CR*,CT=OI!JKKsG!*-.657XO/C!/;E!‡! S116Euu2P-.5FC5:-AGA5;u201;27u6?DC-.Su#01-AC/‚fftfLG.S1;Cˆ!G!#A/..5!/;E!KN!8/! 8/W/;D05!8/!JKKsG 9%aa• ! ( ! &+H>+I ! e2C8-;-0G ! + ! */./7O5CO-;/715 ! "-/71XF-A5 ! / ! ,/A75C<:-A5 ! / ! ./?.! a/FC/P5.!75!)-.1/;2!(8?A2A-572CG!&@?=AD;*.x0*)<;GrN=;[*$272?.E!Ui"#9%G!7GLI!6G! g=JJI!JKKMG a+d#)I!>2;D52!/!>i),#'+I!dS5772127G*,;A*3C>dD=O;A*B@*OCCa@E;O=FN*OC<C* Y@EE;<=@ND;A*O>;?@A*a;E;*@>*aECO@AC*B@*=ND@TE;O=FNG!/'58"0&%'&A58'4"$.-N52& /00*'"$.-N5&@&P':$""0((0&A58'"5$.-05$(G!)27!U/072785E!)($!*#,#G ai`ƒI!"S20C/.!&G!™,S/!*/F-7-1-57!5F!,/0050-.;G™G!)N;>\A@A*CR*'CO=;>*#AAS@A*;NB* 3SH>=O*3C>=O\*J*lJKKJmE!s=LNG!*-.657XO/C!/;E!‡!S116EuucccG2.26= .6..-G50:u68Fu2.26KLsG68F!ˆG!#A/..5!/;E!KL!8/!$20AG!JKLKG )b#H^I!$-AS2/CG!"S5;.r]!57!1S/!a-./!5F!1S/!)5?1SG!+CE@=TN*3C>=O\*#N*+COSAG! e2.S-7:157!*"I!Y27G!JKKgG!*-.657XO/C!/;E!‡! S116EuucccG65012C.//0G?FD2GD0u-78/PG6S6u0/O-.12-A-u201-AC/uO-/cuMMLquJNJf!ˆG!#A/..5! /;E!KJ!8/!8/W/;D05!8/!JKKsG! )$%,bI!92?C!dGG!,027.721-572C!)/A?0-1]!,S0/21.!278!)121/!)?0O-O2CE!#!a5C/!F50!1S/! $-C-120]yG!3;E;<@D@EAG!+?1575I!JKKKI!66G!tt=sLG!*-.657XO/C!/;!‡! S116EuucccG?.2;S-G20;]G;-Cui)#e"u9202;/1/0.uKK2?1?;7u.;-1SGS1;!ˆ ),+^()I!*5?:G!lY\*DY@*@NB*CR*DY@*0C>B*l;E*BC@ANtD*<;DD@EZ*DY@*!'*^;E*CR*D@EECE* =N*0C>C<H=;[*a/O-/c!5F!%71/0721-572C!)1?8-/.I!JKKMG!*-.657XO/C!/;! ‡S116EuucccGAS5;.r]G-7F5u57AS5;.r]uJKKMLK==KJG68Fˆ ),a#,U+aG!7>CH;>*-;Ep@D*ME=@RZ*'@OSE=D\*CN*DY@*3;N;<;*0;N;>*JKKhG!*-.657XO/C! /;!‡S116EuucccG.1021F50GA5;u:C5D2C‚;20r/1‚D0-/F‚./A?0-1]‚6272;2‚A272Cˆ )e((H(ƒI!d5S7G!"C-7157š.!&21-7!#;/0-A2!95C-A]E!#!&/:2A]!5F!$-../8!+66501?7-1-/.G! .Y@*2@E=D;T@*+CSNB;D=CNG!e2.S-7:157I!*"E!LssgG!*-.657XO/C!/;E!‡! S116EuucccGS/0-12:/G50:u0/./20ASuC21-72;/0-A2uD:LJKLGAF;!ˆG!#A/..5!/;E!KN!8/! 8/W/;D05!8/!JKKsG LLN )ƒ$#H"ƒ^I!#71S57]!/!)(#a)I!`/7Y2;-7G!!['[*%OCNC<=O*;NB*<=>=D;E\*;=B*DC* ,;D=N*)<@E=O;[**H5O2!ƒ50rE!)1G!&2c0/7A/!i7-O/0.-1]!l%7.-8/!1S/!#0/2mI!JKKtG ,%(U(H`aiHI!)?.27G!)*'@<=CD=O*)aaEC;OY*DC*;*,@T;>*(@R=N=D=CN*CR*.@EECE=A<G! %&)#!dG!%71›C!Ž!"5;6I!JKKMI!6G!MgMG e#&)bI!^20-7/G!&21-7!#;/0-A2E!,S/!i7-1/8!)121/.!-.!)1-Ar-7:!c-1S!1S/!$5705/! *5A10-7/G!7>CH;>*&@A@;EOYG!"2728TE!H/c!95C-1-A.!e-71/0!JKKsG e(%)`a+,I!$20r!/!a+(,,I!a-50827G!)RD@E*DY@*-CNEC@*(CODE=N@Z*.Y@*+SDSE@*CR* !['[6,;D=N*)<@E=O;*&@>;D=CNA*l90/..!`0/2rF2.1!,027.A0-61mG!e2.S-7:157I!*G"GE!"/71/0! F50!(A575;-A!278!95C-A]!a/./20ASI!JKKtG!*-.657XO/C!/;!‡! S116EuucccGA/60G7/1u85A?;/71.uD0-/F-7:.uKtKL‚2F1/0‚;5705/‚1027.A0-61G68F!ˆ e(%)`a+,I!$20rG!,;D=N*)<@E=O;Z*.Y@*%NB*CR*;N*%E;G!e2.S-7:157I!*G"GE!"/71/0!F50! (A575;-A!278!95C-A]!a/./20ASI!JKKqG!*-.657XO/C!/;!‡! S116EuucccGA/60G7/1u-78/PG6S6uC21-7=2;/0-A2=1S/=/78=5F=27=/02u!ˆ e(%,~I!a5ArF508G!'DE;D@T=O*/O@;N=O*0YCp@aC=NDAZ!+1*!8%*H!#).''!56F&1)-/)ST!LJ!8/! 8/W/;D05I!JKKKG!*-.657XO/C!/;! ‡S116EuuFC/1AS/0G1?F1.G/8?u$20-1-;/u˜u;/8-2uUC/1AS/0u$-A05.-1/.u$20-1-;/u68F.u+A/27-A‚ "S5r/65-71.G2.SPˆ e%*H#&&I!)S/-C2!Ž!U+>&($#HI!a57G!7>CH;>*3E@A@NO@[!d5-71!U50A/.!_?201/0C]E! 90-;2O/02I!LssfG! e%&^%H)+HI!d5S7G!&@OSEACA*2dBE=OCA*N;*)<XE=O;*,;D=N;Z*%ADE;DXT=;A*7>CH;=A*@* 3C>dD=O;AG!.u2G!*-.657XO/C!/;! ‡S116EuucccG6C212F50;28/;5A021-A2G50:u#0B?-O5.ua/A?0.5.•JKb-80-A5.•JK72 •JK#;/0-A2•JK&21-72•JK(.1021/:-2.•JK>C5D2-.•JK/•JK95C-1-A2.G68Fˆ ƒ+),I!*2O-8!)GG!.Y@*+SDSE@*CR*!['[*/?@EA@;A*3E@A@NO@G!LssfG!*-.657XO/C!/;! ‡S116Euu8580/6501.GA5;u282fJsLfJˆ! ~%a^(aI!*27-/CG!o(.1021@:-2!8/!)/:?02732!H2A-572C!85.!(i#p!/!6/7.2;/715!;-C-120! D02.-C/-05E!-;2:-72785!5!F?1?05!60<P-;5G!.@NAv@A*-SNB=;=AG!U5012C/W2I!OG!MI!6G!LMK= LtqI!JKKtG Bo*)ED=TCA*B@*uCEN;>*@*E@?=AD;*n=<aE@AAC*@*@>@DErN=OCo* #$(a%"#H!a(U(a(H"(!"(H,(aG!#ND@EN;D=CN;>*'@OSE=D\€-=BB>@*%;AD*!aB;D@G! `021-.C2O2E!MK!8/!75O/;D05I!JKLLG!*-.657XO/C!/;!‡! S116Euu6S515.G.121/G:5OuC-D020-/.u.C5O2r-2uJMLggu68FuJKLLLLMK‚%71)/A?0-1]i6821/G68Fˆ #H%),%#!%H,(aH#"%+H#&G!(C!';>?;BCEZ*.Y@*Aa@ODE@*CR*B@;DY*AqS;BA[!L‰!8/! 8/W/;D05I!LssqG!*-.657XO/C!/;!‡! S116EuucccG2;7/.1]G50:u/7uC-D020]u-7F5u#$aJsuKLfuLssqu/7!ˆG!#A/..5!/;!q!8/!2D0-CI! JKLKG LLf `#"b(&(,I!92DC5G!h*N;D=CNA*DY;D*^CNzD*A=TN*B@;>*^=DY*!['[*E=Ap*;=B*>CAAG!K-$#-& B'"$(%!l&21-7!#;/0-A27!)1?8-/.mI!Lg!8/!8/W/;D05I!JKKNG!*-.657XO/C!/;! ‡S116EuucccGC21-72;/0-A27.1?8-/.G50:u?.=0/C21-57.uC5..GS1;ˆ!G!#A/..5!/;!MGKfGJKLLG! `+#*&(I!#71S57]G!"2.105E!"?D2!751!A2.S-7:!i)!>?271T72;5!0/71!AS/Ar.G!&@SD@EAG! Lt!8/!2:5.15I!JKKtG!*-.657XO/C!/;! ‡S116EuucccG0/?1/0.GA5;u201-AC/uJKKtuKguLtu-8i)HLtJKKsJLˆ `a(ƒ$#HI!)1/O/G*2C^*.C*%NB*!'*&@>=;NO@*/N*(=OD;DCEAG!Lt!8/!F/O/0/-05I!JKLLG! *-.657XO/C!/;!‡S116EuucccGA5?71/0A?00/71.G50:uD0/];27LtKJLLGS1;ˆ "#9i,+I!+0C2785G!(C!9/10<C/5!/7!A-F02.E!&2.!A2?.2.!/A57<;-A2.!8/!C2!>?/002!8/! ((GiiG!)<XE=O;*,;D=N;*@N*-C?=<=@NDCG!)271-2:5I!JKKMG!*-.657XO/C!/;E!‡! S116EuucccG2C2-7/1G50:u2A1-O/uMJqs!†/!ˆG!#A/..5!/;E!JM!8/!+?1G!JKKsG! "#),a+I!U-8/CG!.Y@*%<a=E@*;NB*.Y@*#NB@a@NB@ND*#A>;NBG!"?D2E!LK!8/!2:5.15I!JKKtG! *-.657XO/C!/;!‡S116Euu/7GA?D28/D21/GA?uA21/:50]u0/FC/A1-57.=F-8/Cu62:/uMtuˆ ‚‚‚‚‚‚G!eS21!"?D2….!a/D/C.!e271G!.Y@*";D=CNG!905OX7A-2!+0-/71/I!"?D2E!q!8/!2D0-CI! JKKsG!*-.657XO/C!/;! ‡S116Euuc/DG20AS-O/G50:uc/DuJKKsKNLtKMMKMquS116EuucccG1S/721-57GA5;u85AuLsftLLMK uA2.105ˆ "(H,(a!U+a!)+"%#&!"+H"(aHG!.Y@*'OYCC>*CR*DY@*)<@E=O;A*n'/)o*$=T=>[* i7-O/0.-828/!8/!*2]1572G!*-.657XO/C!/;! ‡S116EuucccJG?82]157G/8?u;-7-.10]uA.Au)+#G6S6ˆG!!#A/..5!/;!N!8/!Y?CS5!8/!JKLLG "{'%"+I!#C85G!,@T;>=G;D=CN*CR*BESTA{*)N*=<a@ER@OD*AC>SD=CN[!JM!8/!;2035I!JKKsG! *-.657XO/C!/;!‡S116EuucccGS?FF-7:15765.1GA5;u2C85=A-O-A5uC/:2C-W21-57=5F=80?:.= 27‚D‚LttsftGS1;CˆG!#A/..5!/;!JMGKMGJKLLG! "+&&+H%I!)1/CC2G!(C!9C27!"5C5;D-2!S-W5!65.-DC/!/C!-7:0/.5!8/!10562.!8/!((GiiG!2! 62X./.!8/C!A575!.?0[*$=A=CN@A*)>D@EN;D=?;AG!!&2!b2D272I!JKKJG!*-.657XO/C!/;E!‡! S116EuucccGO-.-57/.2C1/0721-O2.GA5;u;-C-120-W2A-57u201-A?C5.u6A5C5;usGS1;!ˆG!#A/..5! /;E!JM!8/!Y27/-05!8/!JKLKG "+H+!)ia!)i),(H,#`&(G!0;<a;‚;*0CND=N@ND;>*OCNDE;*@>*),0)!h!_?/! -71/:02345!0/:-572CyG!a/82345!85!1/P15E!d/27!9-/00/!&/05]I!A5;!2!A5C2D502345!8/! $20A/C5!#ASr20G!JKKtG "+H,ƒI!$2Y50!a-AS208!#GG!!N=D@B*'D;D@A*";D=CN;>*'@OSE=D\*'DE;D@T\*+CE*.Y@*"@PD* 0@NDSE\G!LsgsG!*-.657XO/C!/;! ‡S116EuucccG:C5D2C./A?0-1]G50:u;-C-120]uC-D020]u0/6501uLsgsu"a#GS1;ˆ "9*+"G!$@EH@D@Z*UCcC*3;S>C*MSEN=@EG!)/;!8212G!*-.657XO/C!/;!‡! S116EuucccGF:OGD0u"9*+"u`i)"#u`?.A2u`?.A2"57.?C120G2.6P!ˆ!#A/..5!/;! LqGLJGJKLL LLq "i**ƒI!*/77-.G!3E@A=B@ND*0>=NDCN*l=>>*0CND=NS@*DY@*"@^*lCE>B*/EB@EG! +rC2S5;2!"-1]E!,S/!)5?1Sc/.1!a28-5!"S?0ASI!LssMG *#H>&I!`/7Y2;-7G!3)&)7!)ƒZ*!'*<=>=D;E\*aE@a;E@A*DC*zAaE@;B*B@<COE;O\zG!Jg! 8/!./1/;D05!8/!JKKfG!*-.657XO/C!/;!‡S116EuucccG:0//7C/F1G50:G2?u758/uMfsJgˆ!G! #A/..5!/;!JfGKfGJKJJG! *#~#I!(70-B?/G!(C!9C27!"5C5;D-2E!;28/!-7!i)#[!&@?=AD;*(@A>=NB@R&`5:51TE!LsssG! *-.657XO/C!/;E!‡! S116Euu7?/O5G8/.C-78/G50:GA5u%$>u68Fu(C‚9C27‚"5C5;D-2‚;28/‚-7‚i)#=JG68F!ˆG! #A/..5!/;E!KL!8/!8/W/;D05!8/!JKKsG *(&>#*+!d#a#I!*-/:5G!`2./.!8/!$2712I!9C27!"5C5;D-2!]!85;-7-5!8/!C2!#;2W57-2G! $=A=CN@A*)>D@EN;D=?;AG!!&2!b2D272I!JKKqG!*-.657XO/C!/;E!‡! S116EuucccGO-.-57/.2C1/0721-O2.GA5;u;-C-120-W2A-57u201-A?C5.uD2./.uJGS1;!ˆG!#A/..5!/;E! JM!8/!Y27/-05!8/!JKLKG *(,,$(aI!d2;-/G!3>;N*DC*'Y=RD*M;A@A*'Y;p@A*!a*)>>=@A[!JJ!8/!8/W/;D05I!JKKMG! *-.657XO/C!/;! ‡S116EuuF-78201-AC/.GA5;u6u201-AC/.u;-‚;LftLu-.‚JKKM‚*/A‚JJu2-‚7JtqsKJMtuy 12:†;271C/‚.r-7RA571/71!ˆ *%a(",+a#,(!+U!(H>%H((a%H>!#H*!b+i)%H>G!)*2=ADCE\*CR*yS;EE\* 2@=TYDA*-=>=D;E\*&@A@E?;D=CN[*)/;!8212G!*-.657XO/C!/;! ‡S116Euuc-CC-2;‚S‚50;.D//G10-658GA5;uBS‚C/:2A]‚0/6501GS1;!ˆ *+e(&&I!&/-&27-G!'=DS;D=CN*B=E@*RCE*a@Ca>@*CR*0C>C<H=;[*JN!8/!5?1?D05!8/!JKKgG! *-.657XO/C!/;!‡!S116EuucccGc50r/0.G50:uJKKguc50C8uA5C5;D-2‚LKMKuˆ!G!#A/..5!/;E!JK! 8/!Y27/-05!8/!JKLKG *iUUƒI!$-AS2/CG!0>=NDCNZ*-;p=NT*a@;O@*^=DY*^;E[*/66R.0#G!>/50:-2!I!LsssG! *-.657XO/C!/;!E!‡S116EuucccGA77GA5;u#&&9+&%,%")u1-;/uLsssuKMuJsuAC-7157GS1;CˆG! #A/..5!/;E!KM!8/!8/W/;D05!8/!JKKsG >wa"%#I!$20A/C5G!(.1285.!i7-85.!;-C-120-W2!#;@0-A2!&21-72!6202!-;657/0!.?! 85;-72A-<7!8/!%;6/0-5!A5C57-2CG!$=A=CN@A*)>D@EN;D=?;AR&&2!b2D272I!JKKNG!*-.657XO/C! /;E!‡S116EuucccGO-.-57/.2C1/0721-O2.GA5;u;-C-120-W2A-57u201-A?C5.u:/5/.1021uJGS1;ˆG! #A/..5!/;E!JM!8/!Y27/-05!8/!JKLKG >&+`#&!)("ia%,ƒG!2C^;EB*)=E*+CEO@*M;A@G!)/;!8212G!*-.657XO/C!/;! ‡S116EuucccG:C5D2C./A?0-1]G50:u;-C-120]uF2A-C-1]uS5c208GS1;ˆ!#A/..285!/;!N!8/! F/O/0/-05!8/!JKLLG ‚‚‚‚‚‚G!3;N;<;*g*LbKf[!)/;!8212G!*-.657XO/C!/;!‡! S116EuucccG:C5D2C./A?0-1]G50:u;-C-120]u56.u6272;2GS1;ˆ!#A/..285!/;!N!8/!F/O/0/-05! 8/!JKLLG >i,%(aa(~I!"S0-.1-27G!"?D2!A/C/D021/.!fK!]/20.!5F!a/O5C?1-57G!.Y@*'SN!G!Jq!8/! F/O/0/-05I!JKKsG!*-.657XO/C!/;!‡!S116EuucccG.5?1Sc/.1/07A5CC/:/.?7GA5;uJGsLtsuA?D2= A/C/D021/.=fK=]/20.=5F=0/O5C?1-57=LGLMKLNfMˆ! LLt b#a,I!>20]G!U-:S1-7:!1S/!H/P1!e20G!.Y@*)D>;ND=OG!d27/-05uU/O/0/-05I!JKLLG! *-.657XO/C!/;!‡!S116EuucccG1S/21C271-AGA5;u;2:2W-7/u20AS-O/uJKLLuKLuF-:S1-7:=1S/= 7/P1=c20ugMNfuˆ ^a#i,b#$$(aI!"S20C/.G!.Y@*'>@@a\*'Sa@EaC^@E*)^;p@AG!a/O-.12!,-;/.E!N!8/! 2:5.15!8/!JKKMG!*-.657XO/C!/;! ‡S116EuucccG1-;/GA5;u1-;/u;2:2W-7/u201-AC/uKIsLtLILKKfMfM=LIKKGS1;Cˆ! &+`(I!d-;G!"C-7157!)aaEC?@A*)B?;NO@*l@;aCN*%PaCED*DC*'[*)<@E=O;G!,S/!#CD-57! $57-150G!i)#E!LsstG!*-.657XO/C!/;E!‡!S116EuucccG2CD-57;57-150GA5;ustKNDu;-C= 20;AS-C/GS1;C!ˆG!#A/..5!/;E!KM!8/!8/W/;D05!8/!JKKsG $#a,%H)I!$[7-A2!*-2.G!3;S>*lC>RC^=DG*6*(C*3@NDVTCNC*;C*M;NOC*-SNB=;>G! U5012C/W2E!d5072C!+!9+'+I!JKKfG $#ia(aI!H5/CR!ƒiI!"20C5.G!lY;D*&CCA@?@>D*.CCpZ*.Y@*%OCNC<=O*#<a;OD*CR*DY@* 3;N;<;*0;N;>I*LbKf6f`G!JKKqG!*-.657XO/C!/;!‡S116EuucccGSD.G/8?u0/./20ASu68FuKq= KNLG68Fˆ $+a#I!U027r!+G!Ž!9#&wI!#7157-5!&GG!!'*)E<A*.E;NAR@E*3C>=O\*RCE*,;D=N* )<@E=O;Z*,=RD=NT*DY@*M;N*CN*+=TYD@E*)=EOE;RDG!LsssG!*-.657XO/C!/;! ‡S116EuucccG2-065c/0G;2Pc/CCG2FG;-Cu2-0AS057-AC/.u26Yu26Yssu.60ssu;502GS1;Cˆ H(e!ƒ+a^!,%$()G!)*.E;NAOE=aD*CR*3E@A=B@ND*MSAYzA*)BBE@AA*CN*DY@*(@O=A=CN*DC* !A@*+CEO@[**(@O@<H@E*JLI*LbibG!!*-.657XO/C!/;!‡! S116EuucccG7]1-;/.GA5;uLsgsuLJuJLuc50C8uF-:S1-7:=6272;2=60/.-8/71=1027.A0-61=D?.S= .=2880/..=8/A-.-57=?./=F50A/=6272;2GS1;C!ˆ ‚‚‚‚‚‚G!&=TYD*DC*+CED=R\*0;N;>I*';\A*'D=<AC<Z*"C*?=C>;D=CN*CR*DE@;D\G!g!8/! 75O/;D05!8/!LsLJG +a>#H%~#,%+H!+U!#$(a%"#H!),#,()G !%OS;BCE[! )/;!8212G!*-.657XO/C!/;!‡! S116EuucccGA-8SG52.G50:u277?2C0/6uss/7:u"S261/0N2GS1;ˆ +a,%~I!>57W2C5G!)<XE=O;*,;D=N;*D@<*<;=A*B@*S<*qS=NDC*B;A*E@A@E?;A*B@*a@DEF>@C[* _?-15I!Lf!8/!Y?CS5I!JKLLG!*-.657XO/C!/;!‡S116EuucccG-6.G50:u-6.D02.-CG7/1u7512G6S6y -87/c.†tJsqˆ!G!#A/..5!/;E!JJ!8/!8/W/;D05!8/!JKLKG 9(a(~I!d5.@!#7:/CG!(C!9C27!"5C5;D-2!S-W5!65.-DC/!/C!-7:0/.5!8/!10562.!8/!((GiiG!2! 62X./.!8/C!A575!.?0G!$=A=CN@A*)>D@EN;D=?;AI!7n;/05!MKG!&2!b2D272I!JKKNG!*-.657XO/C! /;E!‡!S116EuucccGO-.-57/.2C1/0721-O2.GA5;u;-C-120-W2A-57u201-A?C5.u6A5C5;utGS1;ˆG! #A/..5!/;E!JM!8/!Y27/-05!8/!JKLKG 9a+>a())%'(!9+&%"ƒ!%H),%,i,(G!)*'@?@NDY*CR*)<@E=O;N*'@;HCEN@*%PaCEDA* 3;AA*.YECSTY*DY@*3;N;<;*0;N;>[!JK!8/!;2-5I!JKKsG!*-.657XO/C!/;!‡! S116EuucccG8CAG50:u785C‚A-GAF;yr2-8†LKgŽ.?D-8†sKKKKMŽA571/71-8†JfNssM!ˆ _%H>"bi#HI!ƒ27:G!"5C5;D-2!8/2C!.?::/.1.!?7AS27:/8!iG)G!65C-A]!15!r//6! ;2;;51S!:C5D2C!;-C-120]!60/./7A/G!e=NYS;*"@^A*)T@NO\2&JKKsG!*-.657XO/C!/;E! LLg ‡!S116Euu7/c.GP-7S?27/1GA5;u/7:C-.SuJKKs=KguLNuA571/71‚LLgtgfMMGS1;ˆG!#A/..5!/;E! LN!8/!Y27/-05!8/!JKLKG a#*%+!b#'#H#!"i`#G!!['[*-=>=D;E\*M;A@A*=N*0C>C<H=;Z*)*3EC?CO;D=CN*;T;=NAD* ,;D=N*)<@E=O;N*";D=CNA[*"?D2E!JKKsG!*-.657XO/C!/;E!‡! S116EuucccG028-5SAGA?u-7:C/.u2‚A5;/7120-5.uKsu75O-/;D0/u75OJLGS1;ˆG!#A/..5!/;E!KM! 8/!8/W/;D05!8/!JKKsG a(Ui>((!a('%(e!,a%`iH#&G!&&.*&@A@;EOY*&@AaCNA@Z*0C>C<H=;G!Lt!8/! d27/-05!8/!JKKgG!*-.657XO/C!/;!‡!S116EuucccG:55:C/GA5;GD0u?0Cy .2†1Ž0A1†YŽB†A5C5;D-2”.-1?21-57”JKKgŽ.5?0A/†c/DŽA8†LJŽO/8†K"":_UY#`+#5 Ž?0C†S116•M#•JU•JUcccG;01=001G:5OG2?•JU#01-AC/*5A?;/71. •JUtM•JUA5CMJgNsG68FG2.6PŽ/-†-f9Y,.2&$5/F1c/sJ+]f*#Ž?.:†#U_Y"H(^)= :*'Lc>1Y)g^&"U8C&.s)'dY:ˆ!G!#A/..5!/;E!JJ!8/!8/W/;D05!8/!JKLKG a(),a(9+I!d2O-/0!*T0-5G!"5C5;D-2E!b2CF!"/71?0]!5F!i)!;-C-120]!60/./7A/R&#3'6#ND@E* 3E@AA*'@E?=O@[!`5:51TE!JKKsG!*-.657XO/C!/;E!‡!S116Euu-6.7/c.G7/1u7/c.G2.6y -87/c.†NgKNM!ˆG!#A/..5!/;E!LN!8/!Y27/-05!8/!JKLKG ! a(ƒ()I!d/.n.!_G!#C/;27A-2!b/02.15G!%AD;BCA*!N=BCA*A@*qS@B;*@N*3;N;<V[!"/7105! $?C1-C21/02C!"57102!/C!H20A5102F-A5E!H5O/;D05I!LsstG!*-.657XO/C!/;!‡! S116Euu5C8G0/81/0A/0;?785G50:G?]u0/O-.12‚8/C‚.?0u1/P15‚A5;6C/15G6S6y-8†LLKgˆ!G! #A/..5!/;E!LJ!8/!F/O/0/-05!8/!JKLKG a%($(aI!$211/cG!,;D=N*)<@E=O;Z*e2.S-7:157š.!H/20=#D0528!l95c/0!278!%71/0/.1! H/c.!a/6501mG!H5O2!ƒ50rE!>C5D2C!95C-A]!U<0?;I!JKKNG a+H"~^+e)^%I!$-AS2/C!aG!.@EECE=A<*;NB*/ET;N=G@B*2;D@*0E=<@Z*#ND@>>=T@NO@* 7;DY@E=NTI*)N;>\A=AI*;NB*#N?@AD=T;D=CNAI!"a"!90/..I!`5A2!a2157I!JKKNG )##ƒ(*a#I!$2?0XA-5G!l;AY=NTDCN*@AO;>;D@A*<=>=D;E\*HS=>BSa*=N*,;D=N*)<@E=O;G! e50C8!)5A-2C-.1!e/D!)-1/G!JKKMG!*-.657XO/C!/;E!‡! S116EuucccGc.c.G50:u201-AC/.uJKKMuY27JKKMuC2=YJMG.S1;C!ˆ!#A/..5!/;E!LN!8/!Y27/-05!8/! JKLK )"be#&`(I!)1/6S/7G!/?@EA@;A*-=>=D;E\*M;A@*0>CASE@AG!!-"&Z&?*$.'&Q0G'"&I07"5$( H5(-5'&/1"05-.(':&lJKKfmG!*-.657XO/C!/;E! ‡S116EuucccG2-065c/0G;2Pc/CCG2FG;-Cu2-0AS057-AC/.uAAu.ASc2CD/JGS1;CˆG!#A/..5!/;E!KL! 8/!;2035!8/!JKLKG )((&^(I!"C20/!a-D2785G*%OS;BCEZ*3C>=D=O;>*;NB*%OCNC<=O*'=DS;D=CN*;NB*!['[* &@>;D=CNA[*l;AY=NTDCNZ*"a)!a/6501!F50!"57:0/..I!,S/!&-D020]!5F!"57:0/..I!JKKgG! *-.657XO/C!/;!‡*S116EuucccGF2.G50:u.:6uA0.u05cua)JLqgtG68Fˆ!I!#A/..5!/;E!LJ!8/! F/O/0/-05!8/!JKLKG )(aa#H+I!b/0;/.!)?A0/G!,;*H;NB@E;*qS@*NC*A@*BCH>@T;G!s!8/!Y27/-05I!JKKMG! *-.657XO/C!/;! ‡S116Euu;/7.?2CG60/7.2GA5;u;/7.?2CuA571/7-85uJKKMuKLuKsuS5]u6501282ugNLssqGS1;Cˆ! #A/..5!/;E!JNGKqGJKLLG LLs )b%(&*)I!$20rG!)RD@E*JKKiI*)<@E=O;N*3C>=D=OA*l=>>*"@?@E*M@*DY@*';<@*)T;=NG! /"'$80":R.0#G!&5.!#7:/C/.I!JKKgG!*-.657XO/C!/;E!‡! S116EuucccGA0/2150.GA5;u56-7-57u;20r=.S-/C8.u2F1/0=JKKg=2;/0-A27=65C-1-A.=c-CC=7/O/0= D/=1S/=.2;/=2:2-7GS1;C!ˆG!#A/..5!/;E!KL!8/!8/W/;D05!8/!JKKsG ‚‚‚‚‚‚G!#A*.Y@E@*;N*„/H;<;60>=NDCN6(CODE=N@„{[!/"'$80":R.0#G!&5.!#7:/C/.I!JKKsG! *-.657XO/C!/;E!‡!S116EuucccGA0/2150.GA5;uC-D/02Cu;20r=.S-/C8.u-.=1S/0/=27=5D2;2= AC-7157=85A10-7/GS1;C!ˆG!#A/..5!/;E!KJ!8/!8/W/;D05!8/!JKKsG )+&+$+HI!d2]R!"+a*+`#I!d5./!8/G!0>=NDCN*/RR@EA*-@P=OC*2@>a*=N*(EST*l;EG!Jq! 8/!;2035I!JKKsG!*-.657XO/C!/;!‡! S116Euu57C-7/Gc.YGA5;u201-AC/u)`LJMgKLKsgstqNNKgfMGS1;Cˆ!#A/..5!/;!JMGKgGJKLKG )+ia"(!e#,"bG!!['[*<=>=D;E\*aE@A@NO@*=N*3;E;TS;\[*$28-.57E!)5?0A/e21ASG! *-.657XO/C!/;E!‡S116EuucccG.5?0A/c21ASG50:u-78/PG6S6y 1-1C/†iG)G‚;-C-120]‚60/./7A/‚-7‚9202:?2]ˆG!#A/..5!/;E!LN!8/!d27/-05!8/!JKLKG ,#$#ƒ+I!(8?2085G!i)!10556.!C/2O/!(A?2850I!eS/7!c-CC!1S/]!C/2O/!b578?02.y! )<XE=O;*,;D=N;*@N*-C?=<=@NDCG!)271-2:5I!JKKgG!*-.657XO/C!/;E!‡! S116Euu2C2-7/1G50:u2A1-O/uJqtgt!ˆG!#A/..5!/;E!LN!8/!Y27/-05!8/!JKLKG! i99)#&#!"+HU&%",!*#,#!9a+>a#$G!!0(3*0CNR>=OD*%NO\O>Ca@B=;Z*3;N;<;G! )/;!8212G!*-.657XO/C!/;!‡!S116EuucccG?A86G??G./u:68212D2./u:6A5?710]G6S6y -8†LJMŽ0/:-57)/C/A1†N="/7102C‚#;/0-A2.ˆ!G!#A/..5!/;E!Lf!8/!F/O/0/-05!8/!JKLKG iG)G!*(9#a,$(H,!+U!),#,(G!M;OpTECSNB*NCD@Z*3;N;<;G!Lq!8/!2:5.15!8/!JKLLG! *-.657XO/C!/;!‡!S116EuucccG.121/G:5Ou0u62u/-uD:7uJKMKGS1;ˆ!G!#A/..5!/;E!LJ!8/! F/O/0/-05!8/!JKLKG e++&&(ƒI!&]77G!M=>>*0>=NDCN*;NB*DY@*(@O>=N@*CR*DY@*-=>=D;E\G!B7#$5&<='58:R.0#G! e2.S-7:157!*G"GI!JKKqG!*-.657XO/C!/;E!‡!S116EuucccGS?;27/O/71.GA5;u201-AC/G6S6y -8†Lgfgf!ˆG!#A/..5!/;E!KJ!8/!F/O/0/-05!8/!JKKsG e50r-7:!9/56C/š.!'5-A/G!!['[*-=>=D;E\*M;A@A*=N*,;D=N*)<@E=O;G!H/c!ƒ50rE!O5C?;/! KNI!7n;/05!KLI!JKKtG!*-.657XO/C!/;E! ‡S116EuucccGc50r-7:6/56C/.O5-A/G50:uc6OON7LuD2./.C2GS1;ˆG!#A/..5!/;E!JM!8/! Y27/-05!8/!JKLK @o*(COS<@NDCA*CR=O=;=A `a#)%&G!$-7-.1@0-5!82!*/F/.2G!%ADE;DXT=;*";O=CN;>*B@*(@R@A;!l(H*mG!`02.XC-2I!JKKgG "%#G!ME;G=>zA*&C>@*=N*/a@E;D=CN*0CNBCEG!LJ!8/!2:5.15I!Lstq "+$%)%•H!H#"%+H#&!)+`a(!9a%)%•H!9+&{,%"#!ƒ!,+a,ia#G!#NRCE<@*B@*>;* 0C<=A=FN*";O=CN;>*ACHE@*3C>dD=O;*\*DCEDSE;[*JKKNG!*-.657XO/C!/;!‡! S116EuucccGA5;-.-57O2C/ASG:5OGACu%7F50;/'2C/ASGS1;Cˆ LJK "a)!a/6501!F50!"57:0/..!lJKKqmG!)ED=O>@*bi*)TE@@<@NDA*;NB*';NOD=CNA*CN*!['[* +CE@=TN*)=B*DC*,;D=N*)<@E=O;G!(.1285.!i7-85.E!"57:0/..-572C!a/./20AS!)/0O-A/!=!,S/! &-D020]!5F!"57:0/..G ‚‚‚‚‚‚!lJKKfmG!-=>=D;E\*M;A@*0>CASE@AZ*#<a>@<@ND=NT*DY@*JKKj*&CSNB[*(.1285.! i7-85.E!"57:0/..-572C!a/./20AS!)/0O-A/!=!,S/!&-D020]!5F!"57:0/..G "i`#!(!(),#*+)!iH%*+)G!)TE@@<@ND*M@D^@@N*DY@*!N=D@B*'D;D@A*;NB*0SH;*RCE* DY@*,@;A@*CR*,;NBA*RCE*0C;>=NT*;NB*";?;>*AD;D=CNA…*+@HES;E\*JfI*LbKfG!*-.657XO/C! /;!‡!S116Euu2O2C57GC2cG]2C/G/8?uJK1S‚A/71?0]u8-6‚A?D2KKJG2.6ˆ *(9#a,$(H,+!*(!(),#*+!*#!#a>(H,%H#G!)<H;AA;BCEtA*0CN?@EA;D=CN* ^=DY*)B<=E;>*-;AA@E;G!Lq!8/!;2035I!LstqG *(9#a,#$(H,+!*(!(),#*+!*#!#a>(H,%H#G!)ET@ND=N;*3ECu@ODG!Lq!8/! F/O/0/-05I!LstqG *(9#a,$(H,+!*(!(),#*+!*#!#a>(H,%H#G!$=B@>;tA*-CB@E;D@*,=N@* 3E@?;=>AG!Js!8/!;2035!8/!LstqG! (),#*+)!iH%*+)G!"57O/71-57!`/1c//7!1S/!i7-1/8!)121/.!278!1S/!a/6?DC-A!5F! 9272;2G!LsKNG U+a(%>H!#UU#%a)!#H*!H#,%+H#&!*(U(H)(!*%'%)%+HG!3;N;<;6!['[* &@>;D=CNAZ*0CND=NS=NT*3C>=O\*0CNO@ENA[!N!8/!2:5.15!8/!LssNG!*-.657XO/C!/;! ‡S116Euu68FG?.2-8G:5Ou68F‚85A.u9"###NtqG68Fˆ!#A/..5!/;!JJ!8/!Y?CS5!8/!JKLLG bi$#H!a%>b,)!e#,"bG!2S<;N*&=TYDA*l;DOY*lCE>B*&@aCED*Lbb`*g* 0C>C<H=;[iHb"a!a/Fc50C8I!L!8/!d27/-05!8/!LsstG!*-.657XO/C!/;! ‡S116EuucccG?7SA0G50:uA:-=D-7u1/P-.uO1Pu0/Fc50C8u0c;2-7y85A-8†M2/q2gDLMgˆ!G!#A/..5! /;!JM!8/!Y?CS5!8/!JKLLG ^(HH(*ƒI!d5S7!UGG!#N;STSE;>*)BBE@AAG!JK!8/!d27/-05!8/!LsqLG!*-.657XO/C!/;! ‡S116EuucccGD201C/D]GA5;uLJNu60/.fqGS1;Cˆ!#A/..5!/;!JJ!8/!Y?CS5!8/!JKLLG &+"^e++*I!*2O-8!(GG!"a)!a/6501!a&MKKfLG!-=>=D;E\*M;A@*0>CASE@AZ*)TE@@<@ND* CN*;*JKKj*&CSNB[! "57:0/..-572C!a/./20AS!)/0O-A/G! ,S/!&-D020]!5F!"57:0/..G!$2-5I! JKKfG $%H%),xa%+!*#)!a(&#|}()!(j,(a%+a()G!+FES<*B@*(=V>CTC*4NB=;6ME;A=>6 _RE=O;*BC*'S>E!_?2012!"n6?C2!8/!"S/F/.!8/!(.1285.!/!8/!>5O/075G!`02.XC-2E!Lf!8/!2D0-C! 8/!JKLKG!*-.657XO/C!/;!‡!S116EuucccG:55:C/GA5;GD0u?0Cy.2†1Ž0A1†YŽB†N•"J•##”" •"M•`#6?C2””85”%`#)”=”*/AC202 •"M•#t•"M•#M5”Ž.5?0A/†c/DŽA8†JŽO/8†K""r_UY#`Ž?0C†S116•M#•JU •JUcccG-12;2021]G:5OGD0•JU1/;2.=;2-.=-7F50;2A5/.•JU.2-D2=;2-.=-D2. •JU85A?;/715.=/;-1-85.=6/C5.=AS/F/.=8/=/.1285=/=8/•JUN2=A?6?C2=85=-D2.= 8/AC202A25•JU21‚85c7C528 •JUF-C/Ž/-†SC‚;,Ob0".+6.#&-r+;~`:Ž?.:†#U_Y"H>)*."^DB1?"H#BDcƒ7f ƒW2/=`+f_ˆ LJL +UU%"( ! +U ! ,b( ! )("a(,#aƒ ! +U ! *(U(H)(G !M;A@ * &@;>=TN<@ND * ;NB * 0>CASE@* JKKjG ! *-.657XO/C ! /; ! ‡S116EuucccG8/F/7./G:5OuD02AuKJF2B.GS1;ˆ !#A/..5 ! /; ! Lg ! 8/! 2:5.15!8/!JKLLG +a>#H%~#,%+H!+U!#$(a%"#H!),#,()G !%OS;BCE[! )/;!8212G!*-.657XO/C!/;!‡! S116EuucccGA-8SG52.G50:u277?2C0/6uss/7:u"S261/0N2GS1;ˆ!#A/..5!/;!Lg!8/!2:5.15!8/! JKLLG +'(a)(#)!`#)%H>!"+$$%))%+H[*0C<<=AA=CN*CN*&@?=@^*CR*/?@EA@;A*-=>=D;E\* +;O=>=D\ * 'DESODSE@ * CR * DY@ * !N=D@B * 'D;D@AG !s ! 8/ ! ;2-5 ! 8/ ! JKKfG ! *-.657XO/C ! /; ! ‡! S116EuucccGF2.G50:u-06u2:/7A]u858u5DAG68F!ˆ!#A/..5!/;!LM!8/!2:5.15!8/!JKLLG 9#H#$#!"#H#&!#i,b+a%,ƒ[*)*2=ADCE\*CR*DY@*3;N;<;*0;N;>Z** +E@NOY*;NB* )<@E=O;N * 0CNADESOD=CN * %RRCEDA[ *)u#G ! *-.657XO/C ! /;! ‡S116EuucccG627A272CGA5;u/7:uS-.150]uS-.150]uˆ!#A/..5!/;!LM!8/!2:5.15!8/!JKLLG 9#H#$# ! "#H#& ! #i,b+a%,ƒ[ * )NNS;> * &@aCED * JKKb[ **-.657XO/C ! /;! ‡S116EuucccG627A272CGA5;u/7:u:/7/02Cu0/6501/=27?2CuJKKsuFC2.SGS1;C•ˆ !#A/..5!/;!Lg! 8/!2:5.15!8/!JKLLG a(Ui>((!a('%(e!,a%`iH#&G!&&.*&@A@;EOY*&@AaCNA@Z*0C>C<H=;G!Lt!8/! d27/-05!8/!JKKgG! a(9i`&%"#!*+!9#H#$#!(!(),#*+)!iH%*+)G!.E;D;BCA*.CEE=uCA60;ED@EZ* .E;D;BC*B@>*0;N;>*B@*3;N;<;*\*.E;D;BC*0CNO@EN=@ND@*;*>;*"@SDE;>=B;B* 3@E<;N@ND@*B@>*0;N;>*\*;>*+SNO=CN;<=@NDC*B@>*0;N;>*B@*3;N;<;I*@NDE@*>;* &@aSH>=O;*B@*3;N;<;*\*>CA*%AD;BCA*!N=BCA[!e2.S-7:157I!t!8/!./1/;D05!8/!LsttG! *-.657XO/C!/;!S116EuucccG627A272CGA5;u/.6uA1027.-1-57u10/21]uF02;/GS1;C ,b(!eb%,(!b+i)(G!$/;50278?;!F50!1S/!90/.-8/71G!f!8/!75O/;D05I!LstKG ‚‚‚‚‚‚G!";D=CN;>*'@OSE=D\*'DE;D@T\I*JKLL[*e2.S-7:157E!$2-5I!JKLKG ‚‚‚‚‚‚G!.Y@*";D=CN;>*'@OSE=D\*'DE;D@T\*CR*DY@*!N=D@B*'D;D@A*CR*)<@E=O;I*JKKm[* e2.S-7:157G!$2035I!JKKqG iH%,(*!),#,()G!'D;RR*-@@D=NT*.E;NAOE=aDAZ*'@OE@D;E\*CR*'D;D@*2@NE\*]=AA=NT@EG! Jq!8/!;2035I!LstqG iG)G!*(9#a,$(H,!+U!#>a%"i&,ia(G!#<a;OD*CR*3;N;<;*0;N;>*%Pa;NA=CN*CN* DY@*!['[*#ND@E<CB;>*'\AD@<[*d27/-05I!JKLKG iG)G!*(9#a,$(H,!+U!#>a%"i&,ia(G!!3;N;<;*0;N;>*'DSB\G!d27/-05I!JKLKG iH%,(*!),#,()!*(9#a,$(H,!+U!#>a%"i&,ia([*.Y@*3;N;<;*0;N;>*=N* .E;NA=D=CNZ*#<a>=O;D=CNA*RCE*!['[*;TE=OS>DSE@[*d27/-05I!JKKKG LJJ iH%,(*!),#,()!>(H(a#&!#""+iH,%H>!+UU%"(G!)AS55C!5F!1S/!#;/0-A2.E!iG)G! $-C-120]!,02-7-7:!F50!&21-7!#;/0-A27!"5?710-/.G!JJ!8/!2:5.15!8/!LssqG!*-.657XO/C!/;!‡! S116EuucccGF2.G50:u2.;6u0/.5?0A/.u:5O/07u:25sqLtgG68Fˆ!#A/..5!/;!JJ!8/!Y?CS5!8/! JKLLG iG)G!*(9#a,$(H,!+U!*(U(H)(G!)OD=?@*(SD\*-=>=D;E\*3@EACNN@>*'DE@NTYDA*H\* &@T=CN;>*)E@;*;NB*H\*0CSNDE\*nfKb)o[*)/61/;D/0!MKI!LsgsG ‚‚‚‚‚‚G!)OD=?@*(SD\*-=>=D;E\*3@EACNN@>*'DE@NTYDA*H\*&@T=CN;>*)E@;*;NB*H\* 0CSNDE\*nfKb)o[*)/61/;D/0!MKI!LssLG ‚‚‚‚‚‚G!)OD=?@*(SD\*-=>=D;E\*3@EACNN@>*'DE@NTYDA*H\*&@T=CN;>*)E@;*;NB*H\* 0CSNDE\*nfKb)o[*)/61/;D/0!MKI!JKKLG ‚‚‚‚‚‚G!)OD=?@*(SD\*-=>=D;E\*3@EACNN@>*'DE@NTYDA*H\*&@T=CN;>*)E@;*;NB*H\* 0CSNDE\*nfKb)o[*)/61/;D/0!MKI!JKKfG ‚‚‚‚‚‚G!)OD=?@*(SD\*-=>=D;E\*3@EACNN@>*'DE@NTYDA*H\*&@T=CN;>*)E@;*;NB*H\* 0CSNDE\*nfKb)o[*)/61/;D/0!MKI!JKKsG ‚‚‚‚‚‚G!-@<CE;NBS<*RCE*DY@*'@OE@D;E\*CR*(@R@NA@[*l;AY=NTDCNI*LJ*B@*<;EWC*B@* LbbJG ! *-.657XO/C !/;!‡S116EuucccG:c?G/8?u˜7.20AS-OuH)#(``uH)#(``LJJusJKMLK! %;6506/0!$21/0-2C!-7!)627-.S=&27:?2:/!%71/CC-:/7A/!,02-7-7:!$27?2C.G68Fˆ ‚‚‚‚‚‚G!M;A@*'DESODSE@*&@aCED*RCE*+=AO;>*ƒ@;E*LbibG ‚‚‚‚‚‚G!M;A@*'DESODSE@*&@aCED*RCE*+=AO;>*ƒ@;E*LbbLG ‚‚‚‚‚‚G!M;A@*'DESODSE@*&@aCED*RCE*+=AO;>*ƒ@;E*JKKLG! ‚‚‚‚‚‚G!M;A@*'DESODSE@*&@aCED*RCE*+=AO;>*ƒ@;E*JKKjG! ‚‚‚‚‚‚G!M;A@*'DESODSE@*&@aCED*RCE*+=AO;>*ƒ@;E*JKKbG! ‚‚‚‚‚‚G!(@a;ED<@ND*CR*(@R@NA@*(=OD=CN;E\*CR*-=>=D;E\*;NB*)AACO=;D@B*.@E<A[* (=AaCNd?@>*@<*‡!S116EuucccG81-AG;-Cu85A10-7/u7/c‚6?D.uY6L‚KJG68F!ˆ!G!+?1?D05I!JKKsG ‚‚‚‚‚‚G!-=>=D;E\*.E;NARCE<;D=CNZ*)*'DE;D@T=O*)aaEC;OYG!JKKMG!*-.657XO/C!/;! ‡S116EuucccG-c20G50:G?ru0;2u0/.5?0A/.u1027.F50;21-57u;-C-120]=1027.F50;21-57=2= .1021/:-A=266052ASG68Fˆ ‚‚‚‚‚‚G!lCE>B^=B@*-;NaC^@E*(=ADE=HSD=CN*H\*7@CTE;aY=O;>*)E@;[*e2.S-7:157E!MK! 8/!./1/;D05I!JKKJG!*-.657XO/C!/;!‡S116EuucccG8-50GcS.G;-Cu;;-8u;;-8S5;/GS1;ˆ iG)G!*(9#a,$(H,!+U!di),%"(G!*0?:!%71/CC-:/7A/!`0-/FG!*/W/;D05I!JKKLG! *-.657XO/C!/;! ‡S116EuucccGS2c2--G/8?uS-O2782-8.u9272;2‚"5?710]‚`0-/F‚‚*0?:‚)-1?21-57‚a/6501G6 8Fˆ!#A/..5!/;!JJ!8/!Y?CS5!8/!JKLLG LJM iG)G!*(9#a,$(H,!+U!),#,(G!0YSEOY*&@aCEDZ*0C?@ED*)OD=CN*=N*0Y=>@*LbmfLb`fG! Lg!8/!8/W/;D05I!LstfG ‚‚‚‚‚‚G!+CE@=TN*E@>;D=CNA*CR*DY@*!N=D@B*'D;D@AI*LbjJ6Lbjh[*$C>S<@*#$Z*DY@*)<@E=O;N* E@aSH>=OA*lLsfJ=LsfNmG!e2.S-7:157E!iG)G!>5O/07;/71!90-71-7:!+FF-A/I!LsgMG ‚‚‚‚‚‚G!2S<;N*&=TYDA*3E;OD=O@A*JKKm*g*0C>C<H=;R&q!8/!;2035!8/!JKKtG!*-.657XO/C!/;! cccG.121/G:5Ou:u80Cu0C.uS0061uJKKqutgggfGS1;!G!#A/..5!/;!JM!8/!Y?CS5!8/!JKLLG ‚‚‚‚‚‚G!'@OCNB*-@@D=NT*^=DY*0Y=@R*CR*'D;RR*E@*,@D@>=@E*0;A@[!JK!8/!5?1?D05I!LstgG ‚‚‚‚‚‚G!'@OE@D;E\tA*'D;RR*-@@D=NTI*/ODCH@E*LI*Lb`fG!N!8/!5?1?D05I!LstMG ‚‚‚‚‚‚G!.Y@*'@OE@D;E\zA*&@T=CN;>A*;NB*3E=NO=a;>Az*'D;RR*-@@D=NT[!JM!8/!8/W/;D05I! LstNG ‚‚‚‚‚‚G !,S/!iG)G!278!H215E !#7!2CC-27A/ !5F!6?065./G !%uCSEN;>*!')Z*!['[*+CE@=TN* 3C>=O\ * )T@NB;I ! O5C?;/ ! sI ! 7n;/05 ! JI ! JKKNG !*-.657XO/C ! /;E ! ‡! S116Euu?.-7F5G.121/G:5OuY5?072C.uY5?072C.GS1;!ˆG!#A/..5!/;E!MK!8/!75O/;D05!8/!JKKsG ‚‚‚‚‚‚G!!N=D@B*'D;D@A*2;A*"C*3>;NA*RCE*-=>=D;E\*M;A@*=N*3;E;TS;\G!LL!8/!d27/-05I! JKKqG ! *-.657XO/C ! /; ! ‡S116EuucccG2;/0-A2G:5Ou.1u6?D.= /7:C-.SuJKKqud27?20]uJKKqKLLLKsNNMN21C2S17/O/CKGgJtsgNGS1;C•-PWWL'OA/ƒF^jˆ iG)G!d+%H,!"b%(U)!+U!),#UUG!.Y@*";D=CN;>*-=>=D;E\*'DE;D@T\*CR*DY@*!N=D@B* 'D;D@A*CR*)<@E=O;[*JKKNG iG)G!(H(a>ƒ!%HU+a$#,%+H!#*$%H%),a#,%+HG!0ESB@*/=>*;NB*.CD;>* 3@DEC>@S<*#<aCEDA*.Ca*Lj*0CSNDE=@A[*$2-5I!JKLLG* iG)G!)(H#,(!"+$$%,,((!+H!#a$(*!)(a'%"()G!)B?;NO@*yS@AD=CNA*RCE* ,=@SD@N;ND*7@N@E;>*3@D@E*3;O@G!*/F/7./!a/F50;.I!JKKKG!*-.657XO/C!/;! ‡S116Euu20;/8=./0O-A/.G./721/G:5Ou.121/;71uJKKKuKKKsKq66G68Fˆ iG)G!*(9#a,$(H,!+U!*(U(H)(G!&@aCED*DC*0CNTE@AAZ*'DE@NTDY@N=NT*!['[* 7>CH;>*(@R@NA@*3CADSE@G!)/1/;D05I!JKKNG iH%,(*!),#,()!%H),%,i,(!+U!9(#"(G!&@aCED*CR*DY@*0Y=>@;N*";D=CN;>* 0C<<=AA=CN*CN*.ESDY*;NB*&@OCNO=>=;D=CN[*N!8/!5?1?D05!8/!JKKJG!*-.657XO/C!/;!‡! S116EuucccG?.-6G50:uF-C/.u0/.5?0A/.uA5CC/A1-57.u10?1S‚A5;;-..-57.u"S-C/sK= a/6501u"S-C/sK=a/6501G68Fˆ Ro*%NDE@?=AD;A `#H*(%a#I!&?-W!#CD/015!$57-WG!#!#&"#!@!?;!605Y/15!65CX1-A5G!(710/O-.12!A57A/8-82! 2!`/01S2!$22r205?7G!/*%AD;BC*B@*-=N;AG!$-72.!>/02-.I!6G!KgI!d?CS5!8/!JKKJG LJN "b+$)^ƒI!H52;G!"5?6.I!iH#)iaI!278!1S/!iG)G!U05;!2!12Cr!:-O/7!-7!"202A2.I! '/7/W?/C2!57!#?:?.1!Js!l?6821/8!)/61/;D/0!smG!†*-;T;G=N@2&O5C?;/!JJI!7n;/05!LKG! $2..2AS?./11.E!JKKsG (ESTA*;NB*DY@*,;^*3;ED*#Z*.Y@*aE=O@*CR*aECY=H=D=CNG!(710/O-.12!A5;!),('(H!`G! *i^( *-.657XO/C!/;!‡S116EuucccG-71?-1-57G50:u1P1u8?r/LGS1;ˆ!G!#A/..5!/;!JNGKtGJKLLG To*-CNCTE;R=;AI*B=AA@ED;Wv@A*@*D@A@A #$i)_i%'#aI!x0-r2!&2?0-782G!/*3;a@>*B;*3C>dD=O;*B@*'@TSE;NW;*BCA*%AD;BCA* !N=BCA*NC*'=AD@<;*#ND@EN;O=CN;>*NC*aFA67S@EE;*+E=;I!JKLKG!*-../012345!l$/.10285! /;!"-Q7A-2!95CX1-A2m!h!iH%"#$9I!)45!92?C5G!LsL6G `#aH#`xI!%.02/C!a5D/015G!/*-@EOCAS>*@*;*=ND@TE;WcC*E@T=CN;>I!JKKMG!,/./! l*5?150285!/;!"-Q7A-2.!)5A-2-.m!h!iH%"#$9I!)45!92?C5I!JKKMG!JLL6G U#a%#)I!UCTO-5!d5.@!8/!$5?02G!)*B=<@NAcC*@ADE;DXT=O;*B;*aC>dD=O;*@PD@EN;*BCA* %AD;BCA*!N=BCA*NC*0;E=H@I!JKKgG!*-../012345!l$/.10285!/;!a/C23k/.!%71/072A-572-.m! h!9571-FXA-2!i7-O/0.-828/!"21<C-A2!8/!)45!92?C5I!)45!92?C5I!JKKgG b(ƒ(I!,S5;2.!U/08-7278G!/A*B@D@E<=N;ND@A*aC>dD=OCA*BCA*T;ADCA*<=>=D;E@A*NC*aFA6 7S@EE;*+E=;I!JKKfG!,/./!l*5?150285!/;!"-Q7A-2!95CX1-A2m!h!%7.1-1?15!i7-O/0.-1T0-5!8/! 9/.B?-.2.!85!a-5!8/!d27/-05I!i7-O/0.-828/!"278-85!$/78/.I!a-5!8/!d27/-05I!JKKfG! LgL6G d+bH)+HI!d5277/!(GG!.Y@*)E<\*#NBSADE=;>*0C>>@T@*;NB*-CH=>=G;D=CN*3>;NN=NT* M@D^@@N*DY@*l;EA[!(P/A?1-O/!a/./20AS!905Y/A1G!H21-572C!*/F/7./!i7-O/0.-1]E!U501/! $AH2-0I!e2.S-7:157!h!*"G!LssMG d+a*#HI!$201S2!^G!.@EECE=A<*;NB*SA*aC>=O\Z*aECH>@<A*=N*B@R=N=D=CN*;NB*E@AaCNA@I! LsstG!MsFG!$575:02F-2!=!#-0!"5;;278!278!)12FF!"5CC/:/G!#C2D2;2G &#9#!(!)%&'#I!&/27805!8/!#W/O/85G!0CNDEC?XEA=;A*ACHE@*;*3C>dD=O;*%PD@EN;* )<@E=O;N;Z*7S@EE;*+E=;I*3FA67S@EE;*+E=;*@*2@T@<CN=;I!JKKgG!,/./!l*5?150285!/;! "-Q7A-2!95CX1-A2!/!)5A-5C5:-2m!h!%7.1-1?15!i7-O/0.-1T0-5!8/!9/.B?-.2.!85!a-5!8/!d27/-05I! i7-O/0.-828/!"\78-85!$/78/.I!a-5!8/!d27/-05I!JKKgG!LKK6G ‚‚‚‚‚‚‚G!/*+=<*B;*7S@EE;*+E=;*@*;*3C>dD=O;*%PD@EN;*BCA*%AD;BCA*!N=BCAZ*&SaDSE;* @*0CND=NS=B;B@I!JKKK[**-../012345!l$/.10285!/;!"-Q7A-2!95CX1-A2!/!)5A-5C5:-2m!h! %7.1-1?15!i7-O/0.-1T0-5!8/!9/.B?-.2.!85!a-5!8/!d27/-05I!i7-O/0.-828/!"\78-85!$/78/.I! a-5!8/!d27/-05I!JKKgG!gf6G ! &%$#!U%&b+I!)/D2.1-45!#G!#GG!/*yS@*;*%AOC>;*'Sa@E=CE*B@*7S@EE;*%NA=N;?;I!JKLLG! ,/./!l*5?150285!/;!)5A-5C5:-2m!h!i7-O/0.-828/!U/8/02C!85!"/20TI!U5012C/W2G!MNK!6G LJf $#a,%H)I!"20C5.!(8?2085!82!a5.2G!7>CH;>=G;WcCI*B@a@NBwNO=;*@*N@C>=H@E;>=A<C*N;* )<XE=O;*,;D=N;I!JKKMG!,/./!l*5?150285!/;!)5A-5C5:-2m!h!i7-O/0.-828/!8/!)45!92?C5I! )45!92?C5I!JKKMG!NKK6G H('()I!&/572085!92WG!)T@NB;*B@*'@TSE;NW;*"CED@*)<@E=O;N;*NC*3FA67S@EE;* +E=;Z*;*@<@ETwNO=;*BCA*ECTS@*AD;D@A*@*BCA*%AD;BCA*RE;O;AA;BCAI!JKKgG!*-../012345! l$/.10285!/;!"-Q7A-2!95CX1-A2!/!)5A-5C5:-2m!m!h!%7.1-1?15!i7-O/0.-1T0-5!8/!9/.B?-.2.!85! a-5!8/!d27/-05I!i7-O/0.-828/!"\78-85!$/78/.I!a-5!8/!d27/-05I!JKKgG!LgM6G a#$+)I!#72!,/0/W2!&/;5.G!3CE*B@H;=PC*BC*a;NCZ*;*aC>dD=O;*@NOCH@ED;*BCA*%AD;BCA* !N=BCA*a;E;*;*)<XE=O;*,;D=N;*Lbh`6Lb`fI*LssJG!*-../012345!l$/.10285!/;!"-Q7A-2! 95CX1-A2!/!)5A-5C5:-2m!m!h!%7.1-1?15!i7-O/0.-1T0-5!8/!9/.B?-.2.!85!a-5!8/!d27/-05I! i7-O/0.-828/!"\78-85!$/78/.I!a-5!8/!d27/-05I!JKKgG!NLN6G a+*a%>i()I!"CT?8-5!$20-7G!)A*3C>dD=O;A*B@*'@TSE;NW;*";O=CN;>*NC*ME;A=>Z*LbfK6 JKK`I*JKKgG!,/./!l*5?150285!/;!"-Q7A-2!95CX1-A2!/!)5A-5C5:-2m!h!%7.1-1?15!i7-O/0.-1T0-5! 8/!9/.B?-.2.!85!a-5!8/!d27/-05I!i7-O/0.-828/!"\78-85!$/78/.I!a-5!8/!d27/-05I!JKKgG! MMf6G ,+a(&&+I!#80-27!U/07278/.G!3;ED=BCA*3C>dD=OCA*N;*#ND@TE;WcC*&@T=CN;>Z*/*O;AC*BC* -@EOCAS>I!JKLKG!*-../012345!l$/.10285!/;!"-Q7A-2!95CX1-A2m!h!iH%"#$9I!)45!92?C5I! JKLKG!LNf6G '%#H#I!$27?/C2!,0-7828/G!)*(=<@NAcC*#ND@EN;O=CN;>*BC*OCNR>=DC*)E<;BC* OC>C<H=;NCZ*)*=ND@EN;O=CN;>=G;WcC*BCA*3ECO@AACA*B@*3;G*'@TSNBC*;A*)T@NB;A* 2@<=ARXE=O;*@*T>CH;>I!JKKsG!*-../012345!l$/.10285!/;!"-Q7A-2!95CX1-A2m!h!iH%"#$9I! )45!92?C5G!LqL6G Yo*+=><@ .Y@*3;N;<;*(@O@aD=CNG!(.A0-150E!*2O-8!^2.620R!*-0/150E!`T0D202!,0/71G!ML!8/!Y?CS5!8/! LssJG!sL!;-7?15.G! LJq !"#$%&' LJt ()*+,*-.)*&/,-0,,*&-1,&2*.-,3&4-5-,6&5*3&-1,&7,89:;.<&)=&>5*5?5 !"#$%& '()*+,--*./-+01+-)*+/,2-+03+,+42*15)+50./,16+-0+789:;+,+<,1,.,+5,1,:+=,>+7*?81+91+"@A#+ 81;*2+,+5015*>>901+320.+-)*+B*/87:95+03+C0:0.79,D+-)208?)+=)0>*+-*229-026+-)*+5,1,:+=,>+-0+ /,>>E + F)*1 + -)* + *1-*2/29>* + =,> + -,G*1 + 0H*2 + 76 + -)* + I19-*; + J-,-*> + 91 + "#$KD + -)* + -2*,-6 + =9-)+ C0:0.79,D+,22,1?91?+302+I19-*;+J-,-*>+501-20:+03+-)*+5,1,:+>-29/D+=,>+2*L*5-*;+76+-)*+C01?2*>>+ 03+C0:0.79,E+()*+/*0/:*+03+-)*+9>-).8>D+=)0>*+/20>/*29-6+:,2?*:6+;*/*1;*;+01+-)*+789:;91?+03+ -)*+5,1,:D+-)*2*8/01+>*5*;*;+320.+C0:0.79,D+>*-+8/+-)*+B*/87:95+03+<,1,.,D+,1;+,?2**;+-0+ -)*+30::0=91?+501H*1-901EM 4NB + -)* + C01>-285-901 + 03 + , + J)9/ + C,1,: + -0 + C011*5- + -)* + F,-*2> + 03 + -)* + O-:,1-95 + ,1; + <,59395+ N5*,1>E + J9?1*; + ,- + F,>)91?-01D + P0H*.7*2 + "@D + "#$KE + B,-9395,-901 + ,;H9>*; + 76 + -)* + J*1,-*D+ 4*728,26 + QKD + "#$%E + B,-939*; + 76 + -)* + <2*>9;*1-D + 4*728,26 + QRD + "#$%E + B,-939*; + 76 + <,1,.,D+ S*5*.7*2+QD+"#$KE+B,-9395,-901>+*T5),1?*;+,-+F,>)91?-01D+4*728,26+QUD+"#$%E+<205:,9.*;D+ 4*728,26+QUD+"#$%E /@&-1,&>A,6.3,*-&)=&-1,&2*.-,3&4-5-,6&)=&!?,A.<5B !&>A)<;5?5-.)* ++F)*2*,>D+,+C01H*1-901+7*-=**1+-)*+I19-*;+J-,-*>+03+O.*295,+,1;+-)*+B*/87:95+03+<,1,.,+ -0 + 91>82* + -)* + 501>-285-901 + 03 + , + >)9/ + 5,1,: + ,520>> + -)* + V>-).8> + 03 + <,1,., + -0 + 5011*5- + -)*+ O-:,1-95+,1;+<,59395+N5*,1>D+=,>+5015:8;*;+,1;+>9?1*;+76+-)*92+2*>/*5-9H*+<:*19/0-*1-9,29*>+,-+ F,>)91?-01D+01+-)*+*9?)-**1-)+;,6+03+P0H*.7*2D+01*+-)08>,1;+191*+)81;2*;+,1;+-)2**D+-)*+ 029?91,:+03+=)95)+C01H*1-901D+7*91?+91+-)*+W1?:9>)+:,1?8,?*D+9>+=02;+302+=02;+,>+30::0=>X '6-1?.5*&(5*5;&()*+,*-.)* ++()* + I19-*; + J-,-*> + 03 + O.*295, + ,1; + -)* + B*/87:95 + 03 + <,1,., + 7*91? + ;*>9208> + -0 + 91>82* + -)*+ 501>-285-901+03+,+>)9/+5,1,:+,520>>+-)*+V>-).8>+03+<,1,.,+-0+5011*5-+-)*+O-:,1-95+,1;+<,59395+ N5*,1>D+,1;+-)*+C01?2*>>+03+-)*+I19-*;+J-,-*>+03+O.*295,+),H91?+/,>>*;+,1+,5-+,//20H*;+Y81*+ Q@D + "#$QD + 91 + 382-)*2,15* + 03 + -),- + 07L*5-D + 76 + =)95) + -)* + <2*>9;*1- + 03 + -)* + I19-*; + J-,-*> + 9>+ ,8-)029Z*;+-0+,5[892*+=9-)91+,+2*,>01,7:*+-9.*+-)*+501-20:+03+-)*+1*5*>>,26+-*229-026+03+-)*+ B*/87:95 + 03 + C0:0.79,D + ,1; + -)* + >0H*2*9?1-6 + 03 + >85) + -*229-026 + 7*91? + ,5-8,::6 + H*>-*; + 91 + -)*+ B*/87:95+03+<,1,.,D+-)*+)9?)+501-2,5-91?+/,2-9*>+),H*+2*>0:H*;+302+-),-+/82/0>*+-0+5015:8;*+,+ 501H*1-901+,1;+),H*+,5502;91?:6+,//091-*;+,>+-)*92+/:*19/0-*1-9,29*>D\ ()* + <2*>9;*1- + 03 + -)* + I19-*; + J-,-*> + 03 + O.*295,D + Y0)1 + ],6D + J*52*-,26 + 03 + J-,-*D + ,1; + ()*+ ^0H*21.*1- + 03 + -)* + B*/87:95 + 03 + <,1,.,D + <)9:9//* + _81,8`a,29::,D + W1H06 + WT-2,02;91,26 + ,1;+ b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c+-)*+>,9;+ Z01* + 7*?91191? + 91 + -)* + C,2977*,1 + J*, + -)2** +.,291* + .9:*> + 320. +.*,1 +:0= + =,-*2 + .,2G + ,1;+ *T-*1;91?+-0+,1;+,520>>+-)*+V>-).8>+03+<,1,.,+91-0+-)*+<,59395+N5*,1+-0+,+;9>-,15*+03+-)2**+ .,291*+.9:*>+320.+.*,1+:0=+=,-*2+.,2G+=9-)+-)*+/20H9>0+-),-+-)*+59-9*>+03+<,1,.,+,1;+C0:01+ ,1;+-)*+),2702>+,;L,5*1-+-0+>,9;+59-9*>D+=)95)+,2*+915:8;*;+=9-)91+-)*+7081;,29*>+03+-)*+Z01*+ LJg ,70H*+;*>5297*;D+>),::+10-+7*+915:8;*;+=9-)91+-)9>+?2,1-E+()*+B*/87:95+03+<,1,.,+382-)*2+ ?2,1->+-0+-)*+I19-*;+J-,-*>+91+/*2/*-89-6D+-)*+8>*D+0558/,-901+,1;+501-20:+03+,16+0-)*2+:,1;>+ ,1;+=,-*2>+08->9;*+03+-)*+Z01*+,70H*+;*>5297*;+=)95)+.,6+7*+1*5*>>,26+,1;+501H*19*1-+302+ -)*+501>-285-901D+.,91-*1,15*D+0/*2,-901D+>,19-,-901+,1;+/20-*5-901+03+-)*+>,9;+C,1,:+02+03+ ,16 + ,8T9:9,26 + 5,1,:> + 02 + 0-)*2 + =02G> + 1*5*>>,26 + ,1; + 501H*19*1- + 302 + -)* + 501>-285-901D+ .,91-*1,15*D+0/*2,-901D+>,19-,-901+,1;+/20-*5-901+03+-)*+>,9;+*1-*2/29>*E ()*+B*/87:95+03+<,1,.,+382-)*2+?2,1->+91+:9G*+.,11*2+-0+-)*+I19-*;+J-,-*>+91+/*2/*-89-6D+,::+ 9>:,1;>+=9-)91+-)*+:9.9->+03+-)*+Z01*+,70H*+;*>5297*;+,1;+91+,;;9-901+-)*2*-0D+-)*+?208/+03+ >.,::+9>:,1;>+91+-)*+_,6+03+<,1,.,D+1,.*;+<*2950D+P,0>D+C8:*72,+,1;+4:,.*150E !A-.<;,&''' ()*+B*/87:95+03+<,1,.,+?2,1->+-0+-)*+I19-*;+J-,-*>+,::+-)*+29?)->D+/0=*2+,1;+,8-)029-6+=9-)91+ -)*+Z01*+.*1-901*;+,1;+;*>5297*;+91+O2-95:*+VV+03+-)9>+,?2**.*1-D+,1;+=9-)91+-)*+:9.9->+03+,::+ ,8T9:9,26+:,1;>+,1;+=,-*2>+.*1-901*;+,1;+;*>5297*;+91+>,9;+O2-95:*+VV+=)95)+-)*+I19-*;+J-,-*>+ =08:;+/0>>*>>+,1;+*T*259>*D+93+9-+=*2*+-)*+>0H*2*9?1+03+-)*+-*229-026+=9-)91+=)95)+>,9;+:,1;>+ ,1;+=,-*2>+,2*+:05,-*;+-0+-)*+*1-92*+*T5:8>901+03+-)*+*T*259>*+76+-)*+B*/87:95+03+<,1,.,+03+ ,16+>85)+>0H*2*9?1+29?)->D+/0=*2+02+,8-)029-6E !A-.<;,&'C O>+29?)->+>87>9;9,26+-0+-)*+,70H*+?2,1->+-)*+B*/87:95+03+<,1,.,+?2,1->+91+/*2/*-89-6D+-0+-)*+ I19-*;+J-,-*>+-)*+29?)-+-0+8>*+-)*+29H*2>D+>-2*,.>D+:,G*>+,1;+0-)*2+70;9*>+03+=,-*2+=9-)91+9->+ :9.9->+302+1,H9?,-901D+-)*+>8//:6+03+=,-*2+02+=,-*2/0=*2+02+0-)*2+/82/0>*>D+>0+3,2+,>+-)*+8>*+ 03+>,9;+29H*2>D+>-2*,.>D+:,G*>+,1;+70;9*>+03+=,-*2+,1;+-)*+=,-*2>+-)*2*03+.,6+7*+1*5*>>,26+ ,1;+501H*19*1-+302+-)*+501>-285-901D+.,91-*1,15*D+0/*2,-901D+>,19-,-901+,1;+/20-*5-901+03+ -)*+>,9;+C,1,:E !A-.<;,&C ()* + B*/87:95 + 03 + <,1,., + ?2,1-> + -0 + -)* + I19-*; + J-,-*> + 91 + /*2/*-89-6D + , + .010/0:6 + 302 + -)*+ 501>-285-901D+.,91-*1,15*+,1;+0/*2,-901+03+,16+>6>-*.+03+50..8195,-901+76+.*,1>+03+5,1,:+ 02+2,9:20,;+,520>>+9->+-*229-026+7*-=**1+-)*+C,2977*,1+J*,+,1;+-)*+<,59395+N5*,1E !A-.<;,&C' ()*+?2,1->+)*2*91+501-,91*;+>),::+91+10+.,11*2+91H,:9;,-*+-)*+-9-:*>+02+29?)->+03+/29H,-*+:,1;+ )0:;*2>+02+0=1*2>+03+/29H,-*+/20/*2-6+91+-)*+>,9;+Z01*+02+91+02+-0+,16+03+-)*+:,1;>+02+=,-*2>+ ?2,1-*;+-0+-)*+I19-*;+J-,-*>+76+-)*+/20H9>901>+03+,16+O2-95:*+03+-)9>+-2*,-6D+102+>),::+-)*6+ 91-*23*2*+=9-)+-)*+29?)->+03+=,6+0H*2+-)*+/87:95+20,;>+/,>>91?+-)208?)+-)*+>,9;+Z01*+02+0H*2+ ,16+03+-)*+>,9;+:,1;>+02+=,-*2>+81:*>>+>,9;+29?)->+03+=,6+02+/29H,-*+29?)->+>),::+5013:95-+=9-)+ 29?)->+)*2*91+?2,1-*;+-0+-)*+I19-*;+J-,-*>+91+=)95)+5,>*+-)*+29?)->+03+-)*+I19-*;+J-,-*>+>),::+ 7*+>8/*2902E+O::+;,.,?*>+5,8>*;+-0+-)*+0=1*2>+03+/29H,-*+:,1;>+02+/29H,-*+/20/*2-6+03+,16+G91;+ 76+2*,>01+03+-)*+?2,1->+501-,91*;+91+-)9>+-2*,-6+02+76+2*,>01+03+-)*+0/*2,-901>+03+-)*+I19-*;+ J-,-*>D+9->+,?*1->+02+*./:06**>D+02+76+2*,>01+03+-)*+501>-285-901D+.,91-*1,15*D+0/*2,-901D+ >,19-,-901+,1;+/20-*5-901+03+-)*+>,9;+C,1,:+02+03+-)*+=02G>+03+>,19-,-901+,1;+/20-*5-901+)*2*91+ /20H9;*; + 302D + >),:: + 7* + ,//2,9>*; + ,1; + >*--:*; + 76 + , + L091- + C0..9>>901 + ,//091-*; + 76 + -)*+ ^0H*21.*1->+03+-)*+I19-*;+J-,-*>+,1;+-)*+B*/87:95+03+<,1,.,D+=)0>*+;*59>901>+,>+-0+>85)+ ;,.,?*>+>),:: +7*+391,:+,1;+=)0>*+,=,2;>+,>+-0 +>85)+;,.,?*>+>),::+7*+/,9;+>0:*:6+76+-)*+ I19-*;+J-,-*>E+P0+/,2-+03+-)*+=02G+01+>,9;+C,1,:+02+-)*+<,1,.,+2,9:20,;+02+01+,16+,8T9:9,26+ =02G>+2*:,-91?+-)*2*-0+,1;+,8-)029Z*;+76+-)*+-*2.>+03+-)9>+-2*,-6+>),::+7*+/2*H*1-*;D+;*:,6*;+ 02+9./*;*;+76+02+/*1;91?+>85)+/205**;91?>+-0+,>5*2-,91+>85)+;,.,?*>E+()*+,//2,9>,:+03+>,9;+ /29H,-*+:,1;>+,1;+/29H,-*+/20/*2-6+,1;+-)*+,>>*>>.*1-+03+;,.,?*>+-0+-)*.+>),::+7*+7,>*;+ 8/01+-)*92+H,:8*+7*302*+-)*+;,-*+03+-)9>+501H*1-901E !A-.<;,&C'' ()*+B*/87:95+03+<,1,.,+?2,1->+-0+-)*+I19-*;+J-,-*>+=9-)91+-)*+:9.9->+03+-)*+59-9*>+03+<,1,.,+ ,1;+C0:01+,1;+-)*92+,;L,5*1-+),2702>+,1;+=9-)91+-)*+-*229-026+,;L,5*1-+-)*2*-0+-)*+29?)-+-0+ LJs ,5[892*+76+/825),>*+02+76+-)*+*T*259>*+03+-)*+29?)-+03+*.91*1-+;0.,91D+,16+:,1;>D+789:;91?>D+ =,-*2+29?)->+02+0-)*2+/20/*2-9*>+1*5*>>,26+,1;+501H*19*1-+302+-)*+501>-285-901D+.,91-*1,15*D+ 0/*2,-901+,1;+/20-*5-901+03+-)*+C,1,:+,1;+03+,16+=02G>+03+>,19-,-901D+>85)+,>+-)*+50::*5-901+ ,1; +;9>/0>9-901 +03+>*=,?* +,1; +-)* +;9>-2978-901 +03+ =,-*2 + 91 +-)* +>,9; +59-9*> +03+ <,1,., + ,1;+ C0:01D+=)95)D+91+-)*+;9>52*-901+03+-)*+I19-*;+J-,-*>+.,6+7*+1*5*>>,26+,1;+501H*19*1-+302+-)*+ 501>-285-901D + .,91-*1,15*D + 0/*2,-901D + >,19-,-901 + ,1; + /20-*5-901 + 03 + -)* + >,9; + C,1,: + ,1;+ 2,9:20,;E+O::+>85)+=02G>+03+>,19-,-901D+50::*5-901+,1;+;9>/0>9-901+03+>*=,?*+,1;+;9>-2978-901+03+ =,-*2+91+-)*+59-9*>+03+<,1,.,+,1;+C0:01+>),::+7*+.,;*+,-+-)*+*T/*1>*+03+-)*+I19-*;+J-,-*>D+ ,1; + -)* + ^0H*21.*1- + 03 + -)* + I19-*; + J-,-*>D + 9-> + ,?*1-> + 02 + 10.91**> + >),:: + 7* + ,8-)029Z*; + -0+ 9./0>*+,1;+50::*5-+=,-*2+2,-*>+,1;+>*=,?*+2,-*>+=)95)+>),::+7*+>833959*1-+-0+/20H9;*+302+-)*+ /,6.*1-+03+91-*2*>-+,1;+-)*+,.02-9Z,-901+03+-)*+/29159/,:+03+-)*+50>-+03+>,9;+=02G>+=9-)91+,+ /*290;+03+393-6+6*,2>+,1;+8/01+-)*+*T/92,-901+03+>,9;+-*2.+03+393-6+6*,2>+-)*+>6>-*.+03+>*=*2>+ ,1;+=,-*2+=02G>+>),::+2*H*2-+-0+,1;+7*50.*+-)*+/20/*2-9*>+03+-)*+59-9*>+03+<,1,.,+,1;+C0:01+ 2*>/*5-9H*:6D+,1;+-)*+8>*+03+-)*+=,-*2+>),::+7*+32**+-0+-)*+91),79-,1->+03+<,1,.,+,1;+C0:01D+ *T5*/-+-0+-)*+*T-*1-+-),-+=,-*2+2,-*>+.,6+7*+1*5*>>,26+302+-)*+0/*2,-901+,1;+.,91-*1,15*+03+ >,9;+>6>-*.+03+>*=*2>+,1;+=,-*2E ()* + B*/87:95 + 03 + <,1,., + ,?2**> + -),- + -)* + 59-9*> + 03 + <,1,., + ,1; + C0:01 + >),:: + 50./:6 + 91+ /*2/*-89-6D + =9-) + -)* + >,19-,26 + 02;91,15*> + =)*-)*2 + 03 + , + /2*H*1-9H* + 02 + 582,-9H* + 5),2,5-*2+ /2*>5297*;+76+-)*+I19-*;+J-,-*>+,1;+91+5,>*+-)*+^0H*21.*1-+03+<,1,.,+9>+81,7:*+02+3,9:>+91+9->+ ;8-6 + -0 + *13025* + -)9> + 50./:9,15* + 76 + -)* + 59-9*> + 03 + <,1,., + ,1; + C0:01 + =9-) + -)* + >,19-,26+ 02;91,15*>+03+-)*+I19-*;+J-,-*>+-)*+B*/87:95+03+<,1,.,+?2,1->+-0+-)*+I19-*;+J-,-*>+-)*+29?)-+ ,1;+,8-)029-6+-0+*13025*+-)*+>,.*E ()*+>,.*+29?)-+,1;+,8-)029-6+,2*+?2,1-*;+-0+-)*+I19-*;+J-,-*>+302+-)*+.,91-*1,15*+03+/87:95+ 02;*2+91+-)*+59-9*>+03+<,1,.,+,1;+C0:01+,1;+-)*+-*229-029*>+,1;+),2702>+,;L,5*1-+-)*2*-0+91+ 5,>*+-)*+B*/87:95+03+<,1,.,+>)08:;+10-+7*D+91+-)*+L8;?.*1-+03+-)*+I19-*;+J-,-*>D+,7:*+-0+ .,91-,91+>85)+02;*2E !A-.<;,&C''' ()*+B*/87:95+03+<,1,.,+?2,1->+-0+-)*+I19-*;+J-,-*>+,::+29?)->+=)95)+9-+10=+),>+02+)*2*,3-*2+ .,6+,5[892*+-0+-)*+/20/*2-6+03+-)*+P*=+<,1,.,+C,1,:+C0./,16+,1;+-)*+<,1,.,+B,9:20,;+ C0./,16+,>+,+2*>8:-+03+-)*+-2,1>3*2 +03+>0H*2*9?1-6+320.+-)* +B*/87:95+03+C0:8.79, +-0+-)*+ B*/87:95 + 03 + <,1,., + 0H*2 + -)* + V>-).8> + 03 + <,1,., + ,1; + ,8-)029Z*> + -)* + P*= + <,1,., + C,1,:+ C0./,16 + -0 + >*:: + ,1; + -2,1>3*2 + -0 + -)* + I19-*; + J-,-*> + 9-> + 29?)->D + /29H9:*?*>D + /20/*2-9*> + ,1;+ 5015*>>901>+,>+=*::+,>+-)*+<,1,.,+B,9:20,;+,1;+,::+-)*+>),2*>+02+/,2-+03+-)*+>),2*>+03+-),-+ 50./,16c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d"$D$$$D$$$&+91+?0:;+5091+03+ -)*+I19-*;+J-,-*>+01+-)*+*T5),1?*+03+-)*+2,-9395,-901+03+-)9>+501H*1-901+,1;+,:>0+,1+,118,:+ /,6.*1- + ;8291? + -)* + :93* + 03 + -)9> + 501H*1-901 + 03 + -=0 + )81;2*; + ,1; + 393-6 + -)08>,1; + ;0::,2>+ !dQR$D$$$&+91+:9G*+?0:;+5091D+7*?91191?+191*+6*,2>+,3-*2+-)*+;,-*+,302*>,9;E ()*+/20H9>901>+03+-)9>+O2-95:*+>),::+7*+91+,;;9-901+-0+,::+0-)*2+7*1*39->+,>>82*;+-0+-)*+B*/87:95+ 03+<,1,.,+81;*2+-)9>+501H*1-901E _8-+10+;*:,6+02+;933*2*15*+03+0/91901+81;*2+-)9>+O2-95:*+02+,16+0-)*2+/20H9>901>+03+-)9>+-2*,-6+ >),::+,33*5-+02+91-*228/-+-)*+38::+0/*2,-901+,1;+*33*5-+03+-)9>+501H*1-901+91+,::+0-)*2+2*>/*5->E LML !A-.<;,&$C ()*+L091-+50..9>>901+2*3*22*;+-0+91+O2-95:*+aV+>),::+7*+*>-,7:9>)*;+,>+30::0=>X ()* + <2*>9;*1- + 03 + -)* + I19-*; + J-,-*> + >),:: + 10.91,-* + -=0 + /*2>01> + ,1; + -)* + <2*>9;*1- + 03 + -)*+ B*/87:95+03+<,1,.,+>),::+10.91,-*+-=0+/*2>01>+,1;+-)*6+>),::+/205**;+-0+,+;*59>901c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ea+03+-)*+5015*>>901,26+ 501-2,5-+=9-)+f859*1+PE+_E+F6>*D+10=+0=1*;+76+-)*+P*=+<,1,.,+C,1,:+C0./,16+,1;+,16+,::+ 0-)*2+29?)->+02+5:,9.>+03+,+/*5819,26+1,-82*+,29>91?+81;*2+02+2*:,-91?+-0+>,9;+5015*>>901D+02+ ,29>91?+81;*2+02+2*:,-91?+-0+-)*+5015*>>901>+-0+-)*+<,1,.,+B,9:20,;+C0./,16+02+,16+*T-*1>901+ 02+.0;9395,-901+-)*2*03c+,1;+9-+:9G*=9>*+2*10815*>D+501392.>+,1;+?2,1->+-0+-)*+I19-*;+J-,-*>D+ 10= + ,1; + )*2*,3-*2D + ,:: + -)* + 29?)-> + ,1; + /20/*2-6 + 2*>*2H*; + 91 + -)* + >,9; + 5015*>>901> + =)95)+ 0-)*2=9>*+=08:;+7*:01?+-0+<,1,.,+,-+02+7*302*+-)*+*T/92,-901+03+-)*+-*2.>+03+191*-6`191*+ 6*,2>+03+-)*+5015*>>901>+?2,1-*;+-0+02+)*:;+76+-)*+,70H*+.*1-901*;+/,2-6+,1;+50./,19*>D+,1;+ ,::+29?)-D+-9-:*+,1;+91-*2*>-+=)95)+9-+10=+),>+02+.,6+)*2*,3-*2+),H*D+91+,1;+-0+-)*+:,1;>+5,1,:D+ =02G>D+/20/*2-6+,1;+29?)->+)*:;+76+-)*+>,9;+50./,19*>+81;*2+>,9;+5015*>>901>+02+0-)*2=9>*D+ ,1;+,5[892*;+02+-0+7*+,5[892*;+76+-)*+I19-*;+J-,-*>+320.+02+-)208?)+-)*+P*=+<,1,.,+C,1,:+ C0./,16D+915:8;91?+,16+/20/*2-6+,1;+29?)->+=)95)+.9?)-+02+.,6+91+-)*+38-82*+*9-)*2+76+:,/>*+ 03+-9.*D+3023*9-82*+02+0-)*2=9>*D+2*H*2-+-0+-)*+B*/87:95+03+<,1,.,+81;*2+,16+501-2,5->+02+ 5015*>>901>D + =9-) + >,9; + F6>*D + -)* + I19H*2>,: + <,1,., + C,1,: + C0./,16D + -)* + <,1,., + B,9:20,;+ C0./,16+,1;+-)*+P*=+<,1,.,+C,1,:+C0./,16E ()*+,302*>,9;+29?)->+,1;+/20/*2-6+>),::+7*+,1;+,2*+32**+,1;+2*:*,>*;+320.+,16+/2*>*1-+02+ 2*H*2>901,26+91-*2*>-+91+02+5:,9.>+03+<,1,.,+,1;+-)*+-9-:*+03+-)*+I19-*;+J-,-*>+-)*2*-0+8/01+ 501>8..,-901 + 03+-)* + 501-*./:,-*; + /825),>* + 76+-)* + I19-*; + J-,-*>+ 320.+-)* + P*= +<,1,.,+ C,1,:+ C0./,16D + >),:: +7* +,7>0:8-*D + >0 +3,2 +,>+ 5015*21> + -)*+ B*/87:95 + 03+<,1,.,D + *T5*/-91?+ ,:=,6>+-)*+29?)->+03+-)*+B*/87:95+>/*59395,::6+>*582*;+81;*2+-)9>+-2*,-6E !A-.<;,&$$''' V3+9-+>)08:;+7*50.*+1*5*>>,26+,-+,16+-9.*+-0+*./:06+,2.*;+3025*>+302+-)*+>,3*-6+02+/20-*5-901+ 03+-)*+C,1,:D+02+03+-)*+>)9/>+-),-+.,G*+8>*+03+-)*+>,.*D+02+-)*+2,9:=,6>+,1;+,8T9:9,26+=02G>D+ -)*+I19-*;+J-,-*>+>),::+),H*+-)*+29?)-D+,-+,::+-9.*>+,1;+91+9->+;9>52*-901D+-0+8>*+9->+/0:95*+,1;+ 9->+:,1;+,1;+1,H,:+3025*>+02+-0+*>-,7:9>)+302-9395,-901>+302+-)*>*+/82/0>*>E !A-.<;,&$$'C P0+5),1?*+*9-)*2+91+-)*+^0H*21.*1-+02+91+-)*+:,=>+,1;+-2*,-9*>+03+-)*+B*/87:95+03+<,1,.,+ >),::D+=9-)08-+-)*+501>*1-+03+-)*+I19-*;+J-,-*>D+,33*5-+,16+29?)-+03+-)*+I19-*;+J-,-*>+81;*2+ -)*+/2*>*1-+501H*1-901D+02+81;*2+,16+-2*,-6+>-9/8:,-901+7*-=**1+-)*+-=0+5081-29*>+-),-+10=+ *T9>->+02+.,6+)*2*,3-*2+*T9>-+-085)91?+-)*+>87L*5-+.,--*2+03+-)9>+501H*1-901E V3+-)*+B*/87:95+03+<,1,.,+>),::+)*2*,3-*2+*1-*2+,>+,+501>-9-8*1-+91-0+,16+0-)*2+^0H*21.*1-+02+ 91-0+,16+81901+02+5013*;*2,-901+03+>-,-*>D+>0+,>+-0+.*2?*+)*2+>0H*2*9?1-6+02+91;*/*1;*15*+91+ >85) + ^0H*21.*1-D + 81901 + 02 + 5013*;*2,-901D + -)* + 29?)-> + 03 + -)* + I19-*; + J-,-*> + 81;*2 + -)9>+ 501H*1-901+>),::+10-+7*+91+,16+2*>/*5-+:*>>*1*;+02+9./,92*;E !A-.<;,&$$C 402+-)*+7*--*2+/*2302.,15*+03+-)*+*1?,?*.*1->+03+-)9>+501H*1-901+,1;+-0+-)*+*1;+03+-)*+ LMM *33959*1-+/20-*5-901+03+-)*+C,1,:+,1;+-)*+/2*>*2H,-901+03+9->+1*8-2,:9-6D+-)*+^0H*21.*1-+03+ -)*+B*/87:95+03+<,1,.,+=9::+>*::+02+:*,>*+-0+-)*+I19-*;+J-,-*>+:,1;>+,;*[8,-*+,1;+1*5*>>,26+ 302+-)*+1,H,:+02+50,:91?+>-,-901>+01+-)*+<,59395+50,>-+,1;+01+-)*+=*>-*21+C,2977*,1+50,>-+03+ -)*+B*/87:95+,-+5*2-,91+/091->+-0+7*+,?2**;+8/01+=9-)+-)*+<2*>9;*1-+03+-)*+I19-*;+J-,-*>E !A-.<;,&$$C' ()9> + 501H*1-901 + =)*1 + >9?1*; + 76 + -)* + <:*19/0-*1-9,29*> + 03 + -)* + C01-2,5-91? + <,2-9*> + >),:: + 7*+ 2,-939*; + 76 + -)* + 2*>/*5-9H* + ^0H*21.*1-> + ,1; + -)* + 2,-9395,-901> + >),:: + 7* + *T5),1?*; + ,-+ F,>)91?-01+,-+-)*+*,2:9*>-+;,-*+/0>>97:*E V3 + 3,9-) + =)*2*03 + -)* + 2*>/*5-9H* + <:*19/0-*1-9,29*> + ),H* + >9?1*; + -)* + /2*>*1- + 501H*1-901 + 91+ ;8/:95,-*+,1;+),H*+)*2*81-0+,339T*;+-)*92+2*>/*5-9H*+>*,:>E S01*+,-+-)*+C9-6+03+F,>)91?-01D+-)*+"@-)+;,6+03+P0H*.7*2+91+-)*+6*,2+03+082+f02;D+191*-**1+ )81;2*;+,1;+-)2**E D)1*&E5@B&F6,5;BG >B&/9*59&C5A.;;5B&F6,5;BG O1;+=)*2*,>+-)*+>,9;+C01H*1-901+),>+7**1+;8:6+2,-939*;+01+70-)+/,2->D+,1;+-)*+2,-9395,-901>+03+ -)*+-=0+?0H*21.*1->+=*2*+*T5),1?*;+91+-)*+C9-6+03+F,>)91?-01D+01+-)*+-=*1-6`>9T-)+;,6+03+ 4*728,26D+01*+-)08>,1;+191*+)81;2*;+,1;+3082E P0=D+-)*2*302*D+7*+9-+G10=1+-),-+VD+()*0;02*+B00>*H*:-D+<2*>9;*1-+03+-)*+I19-*;+J-,-*>+03+ O.*295,D+),H*+5,8>*;+-)*+>,9;+C01H*1-901+-0+7*+.,;*+/87:95D+-0+-)*+*1;+-),-+-)*+>,.*+,1;+ *H*26+,2-95:*+,1;+5:,8>*+-)*2*03D+.,6+7*+07>*2H*;+,1;+38:39::*;+=9-)+?00;+3,9-)+76+-)*+I19-*;+ J-,-*>+,1;+-)*+59-9Z*1>+-)*2*03E V1+-*>-9.016+=)*2*03D+V+),H*+)*2*81-0+>*-+.6+),1;+,1;+5,8>*;+-)*+>*,:+03+-)*+I19-*;+J-,-*>+ 03+O.*295,+-0+7*+,339T*;E S01*+,-+-)*+C9-6+03+F,>)91?-01D+-)9>+-=*1-6`>9T-)+;,6+03+4*728,26D+91+-)*+6*,2+03+082+f02;+01*+ -)08>,1; + 191* + )81;2*; + ,1; + 3082D + ,1; + 03 + -)* + V1;*/*1;*15* + 03 + -)* + I19-*; + J-,-*> + -)* + 01*+ )81;2*;+,1;+-=*1-6`*9?)-)E+'>*,:M ()*0;02*+B00>*H*:-E _6+-)*+<2*>9;*1-X ++++Y0)1+],6D ++++!"#$"%&$'()*(!%&%"+ LMN !"#$%&'' LMf HA5-53)6&H)AA.I)6J(5A-,A HA5-53)&3,;&(5*5;&3,&>5*5?5&@&-A5-53)&<)*<,A*.,*-,&5&;5&*,9-A5;.353& 8,A?5*,*-,&3,;&(5*5;&@&5;&=9*<.)*5?.,*-)&3,;&(5*5;&3,&>5*5?5K&,*-A,&;5& 7,89:;.<5&3,&>5*5?5&@&;)6&#6-53)6&2*.3)6B L561.*M-)*K&N&3,&6,8-.,?:A,&3,&OPNNB >7#!Q/2R%& (BO(OSN+SWf+COPOf+SW+<OPObO fO+BW<I_fVCO+SW+<OPObO+g+fNJ+WJ(OSNJ+IPVSNJ+SW+ObWBVCOD+ O5-8,1;0+*1+,2.01h,+501+:,+S*5:,2,59i1+C01L81-,+*.9-9;,+*:+K+;*+,729:+;*+"#U%+/02+:0>+ B*/2*>*1-,1-*>+;*+:0>+^079*210>+;*+:,+B*/j7:95,+;*+<,1,.k+6+;*+:0>+W>-,;0>+I19;0>+;*+ O.l295,+6+:,+S*5:,2,59i1+;*+<29159/90>+;*:+A+;*+3*72*20+;*+"#A%D+287295,;,+/02+*:+b919>-20+;*+ B*:,5901*>+WT-*2902*>+;*+:,+B*/j7:95,+;*+<,1,.k+6+*:+J*52*-,290+;*+W>-,;0+;*+:0>+W>-,;0>+ I19;0>+;*+O.l295,c+6+2*501059*1;0+:,+>07*2,1h,+;*+:,+B*/j7:95,+;*+<,1,.k+>072*+>8+ -*229-0290D+),1+;*59;9;0+,720?,2+:0>+-2,-,;0>+,1-*2902*>+/*2-91*1-*>+,:+C,1,:+;*+<,1,.k+6+ 5*:*72,2+81+18*H0+-2,-,;0+[8*+>92H,+50.0+7,>*+/,2,+81,+18*H,+2*:,59i1+*1-2*+,.70>+/,h>*>+6D+ *1+501>*58*159,D+),1+,502;,;0+:0+>9?89*1-*X+ !7H'(2R%&O+ !:A)M5<.S*&3,&;)6&HA5-53)6&!*-,A.)A,6K&@&#6-5:;,<.?.,*-)&3,&9*5&"9,+5&7,;5<.S* "E+O:+*1-2,2+*1+H9?02+*>-*+-2,-,;0+[8*;,1+,720?,;0>+6+>8>-9-89;0>X+ !,&+f,+C01H*159i1+;*:+C,1,:+V>-.950+>8>529-,+*1-2*+:,+B*/j7:95,+;*+<,1,.k+6+:0>+W>-,;0>+ I19;0>+;*+O.l295,D++*1+F,>)91?-01D+SECED+*:+"@+;*+10H9*.72*+;*+"#$KE+ !7&+W:+(2,-,;0+^*1*2,:+;*+O.9>-,;+6+C00/*2,59i1D+392.,;0+*1+F,>)91?-01+*:+Q+;*+.,2Z0+;*+ "#KU+6+*:+-2,-,;0+;*+b8-80+W1-*1;9.9*1-0+6+C00/*2,59i1+6+*:+b*.02k1;8.+;*+ W1-*1;9.9*1-0>+O502;,;0>D++392.,;0>+*1+<,1,.k+*:+QR+;*++*1*20+;*+"#RRD+>8>529-0>+*1-2*+:,+ B*/j7:95,+;*+<,1,.k+6+:0>+W>-,;0>+I19;0>+;*+O.l295,E+ !5&+(0;0>+:0>+0-20>+-2,-,;0>D+501H*190>D+,58*2;0>+6+5,1L*>+;*+10-,>+*1-2*+:,+B*/j7:95,+;*+ <,1,.k+6+:0>+W>-,;0>+I19;0>+;*+O.l295,+H9?*1-*>+501+,1-*29029;,;+,+:,+*1-2,;,+*1+H9?02+;*+ *>-*+-2,-,;0+6+5015*219*1-*>+,:+C,1,:+;*+<,1,.kE+ !;&+f,>+*>-9/8:,5901*>+2*3*2*1-*>+,:+C,1,:+;*+<,1,.k+[8*+,/,2*Z5,1+*1+0-20>+-2,-,;0>D+ 501H*190>D+,58*2;0>+6+5,1L*>+;*+10-,>+*1-2*+:,+B*/j7:95,+;*+<,1,.k+6+:0>+W>-,;0>+I19;0>+;*+ O.l295,+[8*+*>-8H9*201+H9?*1-*>+501+,1-*29029;,;+,+:,+*1-2,;,+*1+H9?02+;*+*>-*+-2,-,;0E QE+S*+501302.9;,;+501+:,>+*>-9/8:,5901*>+;*+*>-*+-2,-,;0+6+,58*2;0>+501*T0>D+:,+B*/j7:95,+;*+ <,1,.kD+*1+>8+501;959i1+;*+>07*2,10+-*229-029,:D+0-02?,+,+:0>+W>-,;0>+I19;0>+;*+O.l295,D+/02+ :,+;82,59i1+;*+*>-*+-2,-,;0D+:0>+;*2*5)0>+1*5*>,290>+/,2,+2*?8:,2+*:+-2k1>9-0+;*+7,250>+,+ -2,Hl>+;*:+C,1,:+;*+<,1,.k+6+/,2,+.,1*L,2D+0/*2,2D+.,1-*1*2D+.*L02,2D+/20-*?*2+6+;*3*1;*2+ *:+C,1,:E+f,+B*/j7:95,+;*+<,1,.k+?,2,1-9Z,+,+:0>+W>-,;0>+I19;0>+;*+O.l295,+*:+8>0+/,5h3950+ ;*+:,>+k2*,>+;*+-9*22,>+6+,?8,>+5860>+;*2*5)0>+;*+8>0+:*+),1+>9;0+0-02?,;0>+/,2,+;95)0>+391*>+ 501302.*+,+*>-*+-2,-,;0+6+>8>+,58*2;0>+501*T0>E+ KE+f,+B*/j7:95,+;*+<,1,.k+-*1;2k+81,+/,2-959/,59i1+52*59*1-*+*1+:,+,;.919>-2,59i1D+ /20-*559i1+6+;*3*1>,+;*:+C,1,:D+>*?j1+>*+;9>/01*+*1+*>-*+-2,-,;0E+ %E+W1+H9>-,+;*+:,+2*:,59i1+*>/*59,:+[8*+>*+52*,+/02+2,Zi1+;*:+/2*>*1-*+-2,-,;0D+:,+B*/j7:95,+;*+ <,1,.k+6+:0>+W>-,;0>+I19;0>+;*+O.l295,+500/*2,2k1+/,2,+,>*?82,2+*:+3815901,.9*1-0+ 9191-*228./9;0+6+*3959*1-*+;*:+C,1,:+;*+<,1,.kE+ !7H'(2R%&OO+ 75-.=.<5<.S*K&#*-A535&,*&C.M)A&@&T9A5<.S* LMq "E+W>-*+-2,-,;0+*>-,2k+>8L*-0+,+2,-9395,59i1+;*+,58*2;0+501+:0>+/205*;9.9*1-0>+ 501>-9-85901,:*>+;*+,.7,>+<,2-*>+6+>8>+91>-28.*1-0>+;*+2,-9395,59i1+>*+5,1L*,2k1+*1+<,1,.k+ ,:+.9>.0+-9*./0+[8*+:0>+;*:+(2,-,;0+C015*219*1-*+,+:,+P*8-2,:9;,;+<*2.,1*1-*+6+,:+ 4815901,.9*1-0+;*:+C,1,:+;*+<,1,.kD+392.,;0+*1+*>-,+3*5),E+W:+/2*>*1-*+-2,-,;0+*1-2,2k+*1+ H9?02+>9.8:-k1*,.*1-*+501+*:+(2,-,;0+C015*219*1-*+,+:,+P*8-2,:9;,;+<*2.,1*1-*+6+ 4815901,.9*1-0+;*:+C,1,:+;*+<,1,.kD+>*9>+.*>*>+5,:*1;,290>+;*>/8l>+;*+:,+3*5),+;*:+5,1L*+ ;*+:0>+91>-28.*1-0>+;*+2,-9395,59i1E+ QE+W>-*+-2,-,;0+-*2.91,2k+,:+.*;90;h,D+)02,+;*+<,1,.kD+*:+K"+;*+;959*.72*+;*+"###E+ !7H'(2R%&'''+ U9*<.)*5?.,*-)&@&T.A,<<.S*&3,;&(5*5; "E+f,+B*/j7:95,+;*+<,1,.kD+50.0+>07*2,10+-*229-029,:D+50139*2*+,+:0>+W>-,;0>+I19;0>+;*+ O.l295,+*:+;*2*5)0+,+.,1*L,2D+0/*2,2+6+.,1-*1*2+*:+C,1,:+;*+<,1,.kD+>8>+072,>D+ 91>-,:,5901*>+6+*[89/0>+,8T9:9,2*>+6+;*+/20H**2+:0+1*5*>,290+/,2,+*:+-2k1>9-0+3:89;0+;*+1,H*>+ /02+*:+C,1,:+;*+<,1,.kE+f0>+W>-,;0>+I19;0>+;*+O.l295,+,5*/-,1+:,+5015*>9i1+;*+-,:*>+ ;*2*5)0>+6+>*+50./20.*-*1+,+*L*25*2:0>+501302.*+,:+/2*>*1-*+-2,-,;0+6+,58*2;0>+501*T0>E+ QE+W1+58./:9.9*1-0+;*+:,>+2*>/01>,79:9;,;*>+,1-*2902*>+:0>+W>-,;0>+I19;0>+;*+O.l295,+/0;2k1X+ !,&+8>,2+/,2,+*>-0>+391*>+:972*>+;*+50>-*D+>,:H0+*>-9/8:,59i1+;9>-91-,+;*+*>-*+ -2,-,;0D+:,>+;9H*2>,>+k2*,>D+,?8,>+*+91>-,:,5901*>D+915:8h;0+*:+C,1,:+;*+ <,1,.kD+>*?j1+>*+*>/*59395,+*1+*:+,58*2;0+/,2,+:,+*L*5859i1+;*+*>-*+,2-h58:0+ 392.,;0+*1+*>-,+3*5),c+,>h+50.0+0-2,>+k2*,>+*+91>-,:,5901*>+[8*+>*+/01?,1+,+ ;9>/0>959i1+;*+:0>+W>-,;0>+I19;0>+;*+O.l295,+*1+H92-8;+;*+*>-*+-2,-,;0+6+ ,58*2;0>+,391*>+6+-0.,2+:,>+.*;9;,>+1*5*>,29,>++/,2,+?,2,1-9Z,2+*:+ >,1*,.9*1-0+;*+;95),>+k2*,>c+ !7&+*3*5-8,2+:,>+.*L02,>+6+,:-*2,5901*>+[8*+*>-9.*+,/20/9,;,>+*1+:,>+ ,1-*;95),>+k2*,>+*+91>-,:,5901*>+*1+501>01,159,+501+:0>+-l2.910>+;*+*>-*+ -2,-,;0c+ !5&+/20.8:?,2+6+),5*2+58./:92+:0>+2*?:,.*1-0>+/*2-91*1-*>+,:+-2k1>9-0+;*+ 1,H*>+/02+*:+C,1,:+6+,+:,+1,H*?,59i1++6+,>81-0>+.,2h-9.0>D+;*+501302.9;,;+ 501+*>-*+-2,-,;0+6+,58*2;0>+,391*>+f,+B*/j7:95,+;*+<,1,.k+;,2k+>8+ 500/*2,59i1+58,1;0+38*2*+1*5*>,290+/,2,+*:+58./:9.9*1-0+;*+;95)0>+ 2*?:,.*1-0>c+ !;&+*>-,7:*5*2D+.0;9395,2D+5072,2+6+?8,2;,2+/*,L*>+/02+*:+8>0+;*:+C,1,:+;*+ <,1,.k+6+0-20>+5,2?0>+6+*>-,7:*5*2+6+.0;9395,2+:0>+.l-0;0>+/k2,+>8+ ;*-*2.91,59i1c+ !*&+2*?8:,2+:,>+2*:,5901*>+501+:0>+*./:*,;0>+;*+:0>+W>-,;0>+I19;0>+;*+O.l295,+ !3&+>8.919>-2,2+>*2H9590>+;*+,/060+/,2,+3,59:9-,2+*:+58./:9.9*1-0+;*+>8>+ 2*>/01>,79:9;,;*>+501302.*+,+*>-*+,2-h58:0c+ !?&+*T/*;92+6+),5*2+58./:92+:0>+2*?:,.*1-0>+/,2,+*:+*L*259590+*395,Z+;*+:0>+ ;*2*5)0>+6+2*>/01>,79:9;,;*>+;*+:0>+W>-,;0>+I19;0>+;*+O.l295,+*1+H92-8;+;*+ *>-*+-2,-,;0+6+,58*2;0>+,391*>E+f,+B*/j7:95,+;*+<,1,.k+;,2k+>8+500/*2,59i1+ 58,1;0+38*2*+1*5*>,290+/,2,+*:+58./:9.9*1-0+;*+;95)0>+2*?:,.*1-0>D+6+ !)&+*L*25*2+58,:[89*2+0-20+;*2*5)0+5013*29;0+*1+H92-8;+;*+*>-*+-2,-,;0D+0+[8*+ ;*+0-20+.0;0+/8;9*2,1+,502;,2++:,>+;0>+<,2-*>E KE+W1+;*>,220::0+;*+*>-,+5015*>9i1+;*+;*2*5)0>D+:0>+W>-,;0>+I19;0>+;*+O.l295,D+501+,22*?:0+,+ :0>+-l2.910>+;*+*>-*+-2,-,;0+6+,+:,>+:*6*>+;*+:0>+W>-,;0>+I19;0>+;*+O.l295,+58./:92k1+>8>+ 2*>/01>,79:9;,;*>+/02+.*;90+;*+81,+,?*159,+?87*21,.*1-,:+*>-,;0819;*1>*+[8*+>*+ ;*10.91,2k+f,+C0.9>9i1+;*:+C,1,:+;*+<,1,.kD+:,+58,:+>*2k+501>-9-89;,+501302.*+,+:,>+:*6*>+ ;*+:0>+W>-,;0>+I19;0>+;*+O.l295,E+ !,&+f,+C0.9>9i1+;*:+C,1,:+;*+<,1,.k+*>-,2k+;929?9;,+/02+81,+Y81-,+S92*5-9H,+ 50./8*>-,+/02+18*H*+.9*.720>D+59150+;*+:0>+58,:*>+>*2k1+598;,;,10>+;*+:0>+ W>-,;0>+I19;0>+;*+O.l295,+6+58,-20+>*2k1+598;,;,10>+/,1,.*m0>D+/20/8*>-0>+ /02+:,+B*/j7:95,+;*+<,1,.k+/,2,+>8+0/02-810+10.72,.9*1-0+*1+-,:*>+5,2?0>+ LMt /02+:0>+W>-,;0>+I19;0>+;*+O.l295,E+ !7&+W1+5,>0+;*+[8*+:,+B*/j7:95,+;*+<,1,.k+>0:959-,>*+;*+:0>+W>-,;0>+I19;0>+;*+ O.l295,+:,+2*.059i1+;*+81++++++598;,;,10+/,1,.*m0+50.0+.9*.720+;*+:,+ Y81-,+S92*5-9H,D+:0>+W>-,;0>+I19;0>+;*+O.l295,+,55*;*2k1+,+;95),+>0:959-8;E+ W1+*>*+5,>0D+:,+B*/j7:95,+;*+<,1,.k+/20/01;2k+0-20+598;,;,10+/,1,.*m0D+*:+ 58,:+>*2k+10.72,;0+0/02-81,.*1-*+/02+:0>+W>-,;0>+I19;0>+;*+O.l295,+*1+-,:+ 5,2?0E+W1+*:+5,>0+;*+:,+2*.059i1+;*+:,+Y81-,+S92*5-9H,+;*+81+.9*.720+ /,1,.*m0D+/02+91959,-9H,+;*+:0>+W>-,;0>+I19;0>+;*+O.l295,D+,.7,>+<,2-*>+ 5*:*72,2k1+501>8:-,>+501+,1-*:,59i1+,+391+;*+::*?,2+,+81+,58*2;0+>072*+-,:+ 2*.059i1+6+:,+B*/j7:95,+;*+<,1,.k+/20/01;2k+0-20+598;,;,10+/,1,.*m0D+ /,2,+;95)0+10.72,.9*1-0+/02+:0>+W>-,;0>+I19;0>+;*+O.l295,+*1+>8+2**./:,Z0E+ !5&+f0>+W>-,;0>+I19;0>+;*+O.l295,+*./:*,2k1+,+81+598;,;,10+;*+:0>+W>-,;0>+ I19;0>+;*+O.l295,+50.0++++++O;.919>-2,;02+;*+f,+C0.9>9i1+;*:+C,1,:+;*+ <,1,.k+6+,+81+598;,;,10+/,1,.*m0+50.0+J87,;.919>-2,;02D+),>-,+*:+K"+;*+ ;959*.72*+;*+"#@#E+O+/,2-92+;*:+:+;*+*1*20+;*+"##$D+>*+10.72,2k+,+81+ 598;,;,10+/,1,.*m0+/,2,+*:+5,2?0+;*+O;.919>-2,;02+6+81+598;,;,10+;*+:0>+ W>-,;0>+I19;0>+;*+O.l295,+058/,2k+*:+5,2?0+;*+J87,;.919>-2,;02E+S95)0>+ 598;,;,10>+/,1,.*m0>+>*2k1+/20/8*>-0>+,+:0>+W>-,;0>+I19;0>+;*+O.l295,+/02+ :,+B*/j7:95,+;*+<,1,.k+/,2,+>8+10.72,.9*1-0+*1+;95)0>+5,2?0>+/02+:0>+ W>-,;0>+I19;0>+;*+O.l295,E+ !;&+J9+:0>+W>-,;0>+I19;0>+;*+O.l295,+2*.0H9*2,1+;*+>8+5,2?0+;*+ J87,;.919>-2,;02+0+O;.919>-2,;02+,:+598;,;,10+/,1,.*m0D+:,+B*/j7:95,+;*+ <,1,.k+/20/01;2k+0-20+598;,;,10+/,1,.*m0+/,2,+>*2+10.72,;0++*1+-,:+5,2?0+ /02+:0>+W>-,;0>+I19;0>+;*+O.l295,E %E+I1,+;*>529/59i1+9:8>-2,-9H,+;*+:,>+,5-9H9;,;*>+[8*+f,+C0.9>9i1+;*:+C,1,:+;*+<,1,.k+ *L*58-,2k+*1+*:+58./:9.9*1-0+;*+:,>+2*>/01>,79:9;,;*>+6+;*2*5)0>+;*+:0>+W>-,;0>+I19;0>+;*+ O.l295,+501302.*+,+*>-*+,2-h58:0D+*>-k+501-*19;,+*1+*:+O1*T0E+f0>+-2k.9-*>+/,2,+:,+5*>,59i1+0+ -2,1>3*2*159,+;*+:,>+,5-9H9;,;*>+2*,:9Z,;,>+501+,1-*29029;,;+,+:,+*1-2,;,+*1+H9?02+;*+*>-*+ -2,-,;0+/02+:,+C0./,mh,+;*:+C,1,:+;*+<,1,.k+0+/02+*:+^079*210+;*+:,+n01,+;*:+C,1,:D+[8*+10+ >*2k1+2*,:9Z,;,>+/02+f,+C0.9>9i1+;*:+C,1,:+;*+<,1,.kD+*>-k1+*>-9/8:,;0>+*1+*:+O1*T0E+ RE+f,+C0.9>9i1+;*:+C,1,:+;*+<,1,.k+2**.70:>,2k+,+:,+B*/j7:95,+;*+<,1,.k+:0>+?,>-0>+*1+[8*+ l>-,+915822,+,:+>8.919>-2,2+,+:,>+k2*,>+;*+3815901,.9*1-0+;*:+C,1,:+6+,+:,>+k2*,>+;*+H9H9*1;,+ *T/2*>,;,>+*1+*:+O58*2;0+/,2,+:,+WL*5859i1+;*:+O2-h58:0+VVVD+;*+*>-*+-2,-,;0+6+058/,;,>+-,1-0+ /02+/,1,.*m0>+50.0+/02+*>-,;0819;*1>*>D+*./:*,;0>+;*+f,+C0.9>9i1+;*:+C,1,:+;*+<,1,.kD+ :0>+>9?89*1-*>+>*2H9590>+/j7:950>X+/0:95h,D+/20-*559i1+501-2,+915*1;90D+.,1-*19.9*1-0+;*+:,>+ 5,::*>D+,:8.72,;0+/j7:950D+:9./9*Z,+;*+:,>+5,::*>D+501-20:+;*+-2k1>9-0+6+2*50:*559i1+;*+ 7,>82,>E+f,+C0.9>9i1+;*:+C,1,:+;*+<,1,.k+/,?,2k+,+:,+B*/j7:95,+;*+<,1,.k+:,+>8.,+;*+;9*Z+ .9::01*>+;*+;i:,2*>+;*+:0>+W>-,;0>+I19;0>+;*+O.l295,+!d"$E$$$E$$$E$$&D+/02+,m0D+/02+2,Zi1+;*+ :0>+,1-*2902*>+>*2H9590>E+J*+501H9*1*+[8*+5,;,+-2*>+,m0>D+;*>;*+:,+3*5),+*1+[8*+*1-2*+*1+ H9?*159,+*>-*+-2,-,;0D+*:+50>-0+*20?,;0+,:+>8.919>-2,2+:0>+2*3*29;0>+>*2H9590>D+>*2k+ 2**T,.91,;0+/,2,+;*-*2.91,2+>9+>*+2*[89*2*+81+,L8>-*+*1+*:+/,?0+,18,:+/,2,+50./*1>,2+/02+:,+ 913:,59i1+6+0-20>+3,5-02*>+9./02-,1-*>+[8*+,3*5-*1+:0>+50>-0>+;*+;95)0>+>*2H9590>E+ UE+f,+B*/j7:95,+;*+<,1,.k+>*2k+2*>/01>,7:*+/02+*:+>8.919>-20+,+-0;,>+:,>+k2*,>+50./2*1;9;,>+ *1+:0+[8*+501>-9-86i+:,+n01,+;*:+C,1,:D+;*+>*2H9590>+;*+1,-82,:*Z,+L829>;955901,:+?*1*2,:+50.0+ ,;8,1,>+*+91.9?2,59i1D+>*2H9590>+/0>-,:*>D+,;.919>-2,59i1+;*+L8>-959,+6+*T/*;959i1+;*+ :95*159,>D+;*+501302.9;,;+501+*>-*+-2,-,;0+6+>8>+,58*2;0+501*T0>E+ AE+f,+B*/j7:95,+;*+<,1,.k+6+:0>+W>-,;0>+I19;0>+;*+O.l295,+*>-,7:*5*2k1+81+C0.9-l+ C01>8:-9H0+;*:+C,1,:+;*+<,1,.kD+50./8*>-0+/02+81+1j.*20+/,29-,290+;*+2*/2*>*1-,1-*>+;*+ ,:-0+19H*:+;*+:,+B*/j7:95,+;*+<,1,.k+6+;*+:0>+W>-,;0>+I19;0>+;*+O.l295,D+*:+58,:+-*1;2k+:,+ 3,58:-,;+;*+10.72,2+:0>+>8750.9-l>+[8*+*>-9.*+501H*19*1-*E+W>-*+C0.9-l+,>*>02,2k+,+:,+ B*/j7:95,+;*+<,1,.k+6+:0>+W>-,;0>+I19;0>+;*+O.l295,+*1+58*>-901*>+;*+/0:h-95,+[8*+,3*5-*1+ *:+3815901,.9*1-0+;*:+C,1,:E+W1+H9>-,+;*:+91-*2l>+*>/*59,:+;*+,.7,>+<,2-*>+*1+:,+501-9189;,;+6+ *3959*159,+;*:+3815901,.9*1-0+;*:+C,1,:+*1+*:+38-820D+*:+C0.9-l+,>*>02,2k+*1+58*>-901*>+-,:*>+ 50.0+/0:h-95,+?*1*2,:+;*+/*,L*>c+/0:h-95,+;*+*./:*0+6+,;9*>-2,.9*1-0+/,2,+9152*.*1-,2+:,+ /,2-959/,59i1+;*+598;,;,10>+/,1,.*m0>+*1+*:+.,1*L0+;*:+C,1,:+6+/0:h-95,>+91-*21,5901,:*>+ LMg >072*+,>81-0>+5015*219*1-*>+,:+C,1,:E+f,>+2*50.*1;,5901*>+;*:+C0.9-l+>*+-2,1>.9-92k1+,+:0>+ ;0>+?079*210>D+:0>+58,:*>+:*>+;,2k1+/:*1,+501>9;*2,59i1+*1+:,+302.8:,59i1+;*+;*59>901*>+;*+ /0:h-95,E+ @E+O;*.k>+;*+:,+/,2-959/,59i1+;*+598;,;,10>+/,1,.*m0>+*1+:0>+,:-0>+19H*:*>+;*+:,+;92*559i1+ ;*+f,+C0.9>9i1+;*:+C,1,:+;*+<,1,.kD+>*?j1+>*+;9>/01*+*1+*:+/k22,30+K+;*+*>-*+,2-h58:0D+),72k+ 81,+52*59*1-*+/,2-959/,59i1+;*+598;,;,10>+/,1,.*m0>+*1+-0;0>+:0>+;*.k>+19H*:*>+6+*>3*2,>+;*+ *./:*0+*1+;95),+C0.9>9i1D+501+*:+07L*-0+;*+),5*2+:0>+/2*/,2,-9H0>+/,2,+[8*+:,+B*/j7:95,+;*+ <,1,.k+/8*;,+,>8.92D+;*+81,+.,1*2,+02;*1,;,+6+*3959*1-*D+:,+/:*1,+2*>/01>,79:9;,;+/02+:,+ ;92*559i1D+3815901,.9*1-0+6+.,1-*19.9*1-0+;*:+C,1,:+,:+*T/92,2+*>-*+-2,-,;0E+ #E+W:+8>0+;*+:,>+k2*,>D+,?8,>+*+91>-,:,5901*>+501+2*>/*5-0+,+:,>+58,:*>+>*+:*+),1+0-02?,;0+,+:0>+ W>-,;0>+I19;0>+;*+O.l295,+;*2*5)0>+;*+501302.9;,;+501+*>-*+,2-h58:0D+6+:0>+;*2*5)0>+6+ 501;959i1+L82h;95,+;*+:0>+02?,19>.0>+6+*./:*,;0>+;*+:0>+W>-,;0>+I19;0>+;*+O.l295,+[8*+ 0/*2,2k1+*1+:,+B*/j7:95,+;*+<,1,.k+;*+501302.9;,;+501+*>-*+O2-h58:0D+>*+2*?92k1+/02+*:+ ,58*2;0+/,2,+:,+*L*5859i1+;*+*>-*+,2-h58:0D+392.,;0+*1+*>-,+3*5),E+ "$E+f0>+02?,19>.0>+;*+:0>+W>-,;0>+I19;0>+;*+O.l295,D+501059;0>+50.0+:,+50./,mh,+;*:+C,1,:+ ;*+<,1,.k+6+*:+^079*210+;*+:,+n01,+;*:+C,1,:D+;*L,2k1+;*+3815901,2+;*1-20+;*:+-*229-0290+;*+ :,+B*/j7:95,+;*+<,1,.k+[8*+501>-9-86i+:,+n01,+;*:+C,1,:D+,+:,+*1-2,;,+*1+H9?02+;*+*>-*+ -2,-,;0E+ !7H'(2R%&'C+ >A)-,<<.S*&@&T,=,*65 "E+f,+B*/j7:95,+;*+<,1,.k+6+:0>+W>-,;0>+I19;0>+;*+O.l295,+>*+50./20.*-*1+,+/20-*?*2+6+ ;*3*1;*2+*:+C,1,:+;*+<,1,.kE+C,;,+<,2-*D+501302.*+,+>8>+/205*;9.9*1-0>+501>-9-85901,:*>D+ -0.,2k+.*;9;,>+/,2,+),5*2+32*1-*+,:+/*:9?20+2*>8:-,1-*+;*+81+,-,[8*+,2.,;0+8+0-2,>+,55901*>+ [8*+,.*1,5*1+:,+>*?829;,;+;*:+C,1,:+;*+<,1,.k+0+;*+:0>+7,250>+[8*+-2,1>9-*1+/02+l:E+ QE+S82,1-*+:,+H9?*159,+;*+*>-*+-2,-,;0D+:0>+W>-,;0>+I19;0>+;*+O.l295,+-*1;2k1+:,+ 2*>/01>,79:9;,;+/29.,29,+;*+/20-*?*2+6+;*3*1;*2+*:+C,1,:E+f0>+;*2*5)0>+;*+:0>+W>-,;0>+I19;0>+ ;*+O.l295,+,+*>-,5901,2D+,;9*>-2,2+6+-2,1>/02-,2+38*2Z,>+.9:9-,2*>+*1+:,+B*/j7:95,+;*+<,1,.kD+ *>-k1+;*>529-0>+*1+*:+,58*2;0+/,2,+:,+*L*5859i1+;*+*>-*+O2-h58:0D+392.,;0+*1+*>-,+3*5),E+W:+8>0+ ;*+:,>+,2*,>+*+91>-,:,5901*>+6+*:+*>-,;0+L82h;950+;*+:,>+48*2Z,>+O2.,;,>+;*+:0>+W>-,;0>+I19;0>+ ;*+O.l295,+*1+:,+B*/j7:95,+;*+<,1,.kD+>*+2*?92k1+/02+*:+2*3*29;0+,58*2;0E+ KE+C01+*:+391+;*+3,59:9-,2+:,+/,2-959/,59i1+6+500/*2,59i1+;*+:,>+48*2Z,>+O2.,;,>+;*+,.7,>+ <,2-*>+*1+:,+/20-*559i1+6+;*3*1>,+;*:+C,1,:D+:,+B*/j7:95,+;*+<,1,.k+6+:0>+W>-,;0>+I19;0>+;*+ O.l295,+*>-,7:*5*2k1+81,+Y81-,+C0.791,;,+50./8*>-,+/02+81+1j.*20+9?8,:+;*+ 2*/2*>*1-,1-*>+.9:9-,2*>+;*+,:-0+2,1?0+;*+5,;,+<,2-*E+W>-0>+2*/2*>*1-,1-*>+*>-,2k1+ *15,2?,;0>+/02+>8>+2*>/*5-9H0>+?079*210>+;*+501>8:-,2+6+500/*2,2+*1+-0;0>+:0>+,>81-0>+ 2*:,-9H0>+,+:,+/20-*559i1+6+;*3*1>,+;*:+C,1,:+6+;*+/:,19395,2+:,>+.*;9;,>+[8*+;*7*2k1+-0.,2>*+ *1+50159*2-0+/,2,+-,:+391E+S95)0>+,58*2;0>+/,2,+:,+/20-*559i1+6+;*3*1>,+50.791,;,>+10+ 2*>-291?92k1+:,+9;*1-9;,;+19+:,>+:h1*,>+;*+.,1;0+;*+:,>+48*2Z,>+O2.,;,>+;*+:,+B*/j7:95,+;*+ <,1,.k+0+;*+:0>+W>-,;0>+I19;0>+;*+O.l295,E+f,+Y81-,+C0.791,;,+>*+*15,2?,2k+;*+:,+ 5002;91,59i1+6+500/*2,59i1+*1+,>81-0>+50.0+ !,&+f,+/2*/,2,59i1+;*+/:,1*>+;*+501-91?*159,+/,2,+:,+/20-*559i1+6+;*3*1>,+;*:+ C,1,:+,+7,>*+;*+:0>+*>38*2Z0>+500/*2,-9H0>+;*+:,>+48*2Z,>+O2.,;,>+;*+,.7,>+ <,2-*>c+ !7&+f,+/:,19395,59i1+6+*L*5859i1+;*+*L*259590>+.9:9-,2*>+50.791,;0>c+6+ !5&+f,+*L*5859i1+;*+0/*2,5901*>+.9:9-,2*>+/,1,.*m,>+6+*>-,;0819;*1>*>+/,2,+ :,+/20-*559i1+6+;*3*1>,+;*:+C,1,:E %E+f,+Y81-,+C0.791,;,D+,+91-*2H,:0>+[891[8*1,:*>D+;82,1-*+:,+H9;,+;*+*>-*+-2,-,;0D+*T,.91,2k+ :0>+2*582>0>+[8*+,.7,>+<,2-*>+)879*>*1+;9>/8*>-0+/,2,+:,+/20-*559i1+6+;*3*1>,+;*:+C,1,:E+ O;*.k>D+:,+Y81-,+C0.791,;,+302.8:,2k+,+:0>+;0>+^079*210>+2*50.*1;,5901*>+,;*58,;,>+*1+ LMs 2*:,59i1+501+:,>+1*5*>9;,;*>+/206*5-,;,>D+:,+*395,Z+8-9:9Z,59i1+;*+:0>+2*582>0>+;9>/0197:*>+/02+ ,.7,>+<,2-*>+6+0-20>+,>81-0>+;*+91-*2l>+.8-80+2*3*2*1-*>+,+:,+/20-*559i1+6+;*3*1>,+;*:+C,1,:E+ RE+W1+:,+.*;9;,+/0>97:*D+501>9>-*1-*+501+>8+2*>/01>,79:9;,;+/29.,29,+/,2,+:,+/20-*559i1+6+ ;*3*1>,+;*:+C,1,:D+:0>+W>-,;0>+I19;0>+;*+O.l295,+/20582,2k1+.,1-*1*2+>8>+38*2Z,>+,2.,;,>+ *1+<,1,.k+;82,1-*+-9*./0>+102.,:*>+,+81+19H*:+[8*+10+*T5*;,+;*:+;*+:,>+48*2Z,>+O2.,;,>+;*+ :0>+W>-,;0>+I19;0>+;*+O.l295,+*1+*:+-*229-0290+[8*+501>-9-86i+:,+n01,+;*:+C,1,:+;*+<,1,.k+ 501+,1-*29029;,;+91.*;9,-,+,+:,+3*5),+;*+H9?*159,+;*+*>-*+-2,-,;0E+ !7H'(2R%&C+ >A.*<.8.)&3,&")&'*-,A+,*<.S* f0>+*./:*,;0>+;*+f,+C0.9>9i1+;*:+C,1,:+;*+<,1,.k+[8*+38*2*1+1,5901,:*>+;*+:0>+W>-,;0>+ I19;0>+;*+O.l295,D+>8>+;*/*1;9*1-*>+6+:0>+501-2,-9>-,>+;*>9?1,;0>+/02+f,+C0.9>9i1+;*:+C,1,:+ ;*+<,1,.k+[8*+38*2*1+1,5901,:*>+;*+:0>+W>-,;0>+I19;0>+;*+O.l295,D+2*>/*-,2k1+:,>+:*6*>+;*+:,+ B*/j7:95,+;*+<,1,.k+6+>*+,7>-*1;2k1+;*+58,:[89*2+,5-9H9;,;+9150./,-97:*+501+*:+*>/h29-8+;*+ *>-*+-2,-,;0E+W1+501>*58*159,D+>*+,7>-*1;2k1+;*+-0;,+,5-9H9;,;+/0:h-95,+*1+:,+B*/j7:95,+;*+ <,1,.kD+,>h+50.0+;*+58,:[89*2+91-*2H*159i1+*1+:0>+,>81-0>+91-*210>+;*+:,+B*/j7:95,+;*+ <,1,.kE+f0>+W>-,;0>+I19;0>+;*+O.l295,+,;0/-,2,1+-0;,>+:,>+.*;9;,>+;*1-20+;*+>8>+3,58:-,;*>+ /,2,+,>*?82,2+*:+58./:9.9*1-0+;*+:,>+;9>/0>95901*>+;*+*>-*+,2-h58:0E+ !7H'(2R%&C'+ >A)-,<<.S*&3,;&!?:.,*-,&"5-9A5; "E+f,+B*/j7:95,+;*+<,1,.k+6+:0>+W>-,;0>+I19;0>+;*+O.l295,+>*+50./20.*-*1+,+,/:95,2+*>-*+ -2,-,;0+;*+.0;0+501>9>-*1-*+501+:,+/20-*559i1+;*:+,.79*1-*+1,-82,:+;*+:,+B*/j7:95,+;*+ <,1,.kE+<,2,+*>-*+391D+:,>+<,2-*>+>*+501>8:-,2k1+6+50:,702,2k1+*1+302.,+,/20/9,;,+/,2,+ ,>*?82,2+[8*+;,2k1+:,+,-*159i1+;*79;,+,+:,+/20-*559i1+6+501>*2H,59i1+;*:+,.79*1-*+1,-82,:E+ QE+J*+*>-,7:*5*2k+81,+C0.9>9i1+b9T-,+>072*+*:+O.79*1-*+P,-82,:+501+9?8,:+2*/2*>*1-,59i1+;*+ :,+B*/j7:95,+;*+<,1,.k+6+;*+:0>+W>-,;0>+I19;0>+;*+O.l295,D+:,+58,:+*T,.91,2k+ /*29i;95,.*1-*+:,+,/:95,59i1+;*+*>-*+-2,-,;0+6+2*50.*1;,2k+,+:0>+;0>+^079*210>D+*1+58,1-0+ 38*2*+/20/90D+.*;9;,>+/,2,+*H9-,2D+6+>h+*>-0+10+38*2*+/0>97:*D+.9-9?,2+:0>+*3*5-0>+,.79*1-,:*>+ ,;H*2>0>+[8*+/8;9*2,1+;*29H,2>*+;*+>8>+2*>/*5-9H,>+,55901*>+501302.*+,:+-2,-,;0E+ KE+f,+B*/j7:95,+;*+<,1,.k+6+:0>+W>-,;0>+I19;0>+;*+O.l295,+>8.919>-2,2k1+,+:,+C0.9>9i1+b9T-,+ >072*+*:+O.79*1-*+P,-82,:+:,+91302.,59i1+50./:*-,+>072*+58,:[89*2+,559i1+[8*+>*+-0.*+;*+ 501302.9;,;+501+*>-*+-2,-,;0+6+[8*+,+L89590+;*+,.70>+/8;9*2,+-*1*2+81+*3*5-0+>9?19395,-9H0+ >072*+*:+,.79*1-*+1,-82,:E+(,:+91302.,59i1+>*+/01;2k+,+;9>/0>959i1+;*+:,+C0.9>9i1+b9T-,+501+ :,+.,602+,1-*:,59i1+/0>97:*+,+:,+,559i1+/:,1*,;,D+,+391+;*+3,59:9-,2+*:+*>-8;90D+/02+/,2-*+;*+ ;95),+C0.9>9i1D+;*+58,:*>[89*2+/0>97:*>+/207:*.,>+,.79*1-,:*>+6+/,2,+/*2.9-92+[8*+>*+ 501>9;*2*1+:,>+2*50.*1;,5901*>+;*+:,+C0.9>9i1+b9T-,+,1-*>+;*+[8*+:,+,559i1+/2*H9>-,+>*+ /01?,+*1+*L*5859i1E+ !7H'(2R%&C''+ /5*3,A56 "E+(0;0+*:+-*229-0290+;*+:,+B*/j7:95,+;*+<,1,.kD+915:8>0+:,>+k2*,>+5860+8>0+:,+B*/j7:95,+;*+ <,1,.k+/01*+,+;9>/0>959i1+;*+:0>+W>-,;0>+I19;0>+;*+O.l295,D+501302.*+,+*>-*+-2,-,;0+6+>8>+ ,58*2;0>+501*T0>D+*>-,2k+7,L0+:,+7,1;*2,+;*+:,+B*/j7:95,+;*+<,1,.k+6D+*1+501>*58*159,D+ ;95),+7,1;*2,+058/,2k+>9*./2*+:,+/0>959i1+;*+)0102E+ QE+f,+7,1;*2,+;*+:0>+W>-,;0>+I19;0>+;*+O.l295,+/0;2k+>*2+;*>/:*?,;,D+L81-0+,+:,+7,1;*2,+;*+ :,+B*/j7:95,+;*+<,1,.kD+*1+:,+>*;*+;*+f,+C0.9>9i1+;*:+C,1,:+;*+<,1,.k+6+*1+:,+>*;*+;*+:,+ Y81-,+C0.791,;,+6+>*?j1+>*+;9>/01*+*1+*:+O58*2;0+/,2,+:,+WL*5859i1+;*:+O2-h58:0+Va+;*+*>-*+ -2,-,;0E+ LNK KE+f,+7,1;*2,+;*+:0>+W>-,;0>+I19;0>+;*+O.l295,+/0;2k+-,.79l1+>*2+;*>/:*?,;,+*1+0-20>+ :8?,2*>+6+*1+,:?81,>+05,>901*>D+>*?j1+:0+,58*2;*1+,.7,>+<,2-*>E+ !7H'(2R%&C'''+ >A.+.;,M.)6&,&'*?9*.353,6 "E+J*2k1+91H90:,7:*>+:,>+91>-,:,5901*>+/*2-*1*59*1-*>+,+:0>+02?,19>.0>+0+;*/*1;*159,>+;*+:0>+ W>-,;0>+I19;0>+;*+O.l295,+[8*+3815901,1+*1+:,+B*/j7:95,+;*+<,1,.k+;*+501302.9;,;+501+*>-*+ -2,-,;0+6+,58*2;0>+,391*>D+6+:,>+8>,;,>+/02+*::0>+,>h+50.0+:0>+,25)9H0>+6+;058.*1-0>+03959,:*>E+ f,>+;0>+<,2-*>+,502;,2k1+:0>+/205*;9.9*1-0>+[8*+>*?892k+:,+B*/j7:95,+;*+<,1,.k+*1+:,+ 501;8559i1+;*+:,>+91H*>-9?,5901*>+529.91,:*>+*1+;95)0>+:8?,2*>E+ QE+f0>+02?,19>.0>+6+;*/*1;*159,>+;*:+^079*210+;*+:0>+W>-,;0>+I19;0>+;*+O.l295,+[8*+0/*2,1+ *1+:,+B*/j7:95,+;*+<,1,.k+;*+501302.9;,;+501+*>-*+-2,-,;0+6+,58*2;0>+501*T0>D+>*2k1+ 91.81*>+,+:,+L829>;9559i1+;*+:,+B*/j7:95,+;*+<,1,.kE+ KE+W1+,;959i1+,+:0>+0-20>+/29H9:*?90>+*+91.819;,;*>+[8*+>*+0-02?,1+,+:0>+*./:*,;0>+;*:+ ^079*210+;*+:0>+W>-,;0>+I19;0>+;*+O.l295,+6+>8>+;*/*1;9*1-*>+;*+501302.9;,;+501+*>-*+ -2,-,;0D+:0>+W>-,;0>+I19;0>+;*+O.l295,+/0;2k1+10.72,2+),>-,+H*91-*+3815901,290>+;*+f,+ C0.9>9i1+;*:+C,1,:+;*+<,1,.k+[89*1*>D+L81-0+501+>8>+;*/*1;9*1-*>D+?0Z,2k1+;*+:0>+/29H9:*?90>+ *+91.819;,;*>+[8*+>*+0-02?,1+,+:0>+,?*1-*>+;9/:0.k-950>+6+>8>+;*/*1;9*1-*>+501302.*+,:+ ;*2*5)0+6+/2k5-95,>+91-*21,5901,:*>E+f0>+W>-,;0>+I19;0>+;*+O.l295,+/20/025901,2k1+,+:,+ B*/j7:95,+;*+<,1,.k+81,+:9>-,+501+:0>+10.72*>+;*+;95)0>+3815901,290>+6+>8>+;*/*1;9*1-*>D+ 9;*1-9395,1;0+:0>+5,2?0>+[8*+058/,1+;*1-20+;*:+^079*210+;*+:0>+W>-,;0>+I19;0>+;*+O.l295,+6+ .,1-*1;2k1+;95),+:9>-,+,5-8,:9Z,;,+*1+-0;0+.0.*1-0E+ !7H'(2R%&'$+ R,@,6&!8;.<5:;,6&@&#I,<9<.S*&3,&R,@,6 "E+S*+501302.9;,;+501+:,>+*>-9/8:,5901*>+;*+*>-*+-2,-,;0+6+>8>+,58*2;0>+501*T0>D+:,>+:*6*>+;*+ :,+B*/j7:95,+;*+<,1,.k+>*+,/:95,2k1+*1+:,>+k2*,>+/8*>-,>+,+;9>/0>959i1+;*+:0>+W>-,;0>+I19;0>+ ;*+O.l295,+/,2,+>8+8>0+;*+,58*2;0+501+*>-*+-2,-,;0E+f,>+:*6*>+;*+:,+B*/j7:95,+;*+<,1,.k+>*+ ,/:95,2k1+,+,>81-0>+0+)*5)0>+058229;0>+*1+:0+[8*+501>-9-86i+:,+n01,+;*:+C,1,:+,1-*>+;*+:,+ *1-2,;,+*1+H9?*159,+;l+*>-*+-2,-,;0D+>i:0+*1+:,+.*;9;,+*1+[8*+*>-8H9*2*+*T/2*>,.*1-*+ ;9>/8*>-0+*1+-2,-,;0>+0+501H*190>+,1-*2902*>E+ QE+f,>+/*2>01,>+1,-82,:*>+0+L82h;95,>+[8*D+*1+:,+3*5),+;*+*1-2,;,+*1+H9?*159,+;*+*>-*+-2,-,;0D+ >*+;*;95,2*1+,+1*?0590>+0+,5-9H9;,;*>+10+:852,-9H,>+*1+>9-90>+;*:+-*229-0290+[8*+501>-9-86i+:,+ n01,+;*:+C,1,:D+/0;2k1+501-918,2:0>+*1+;95)0>+>9-90>+7,L0+:,>+.9>.,>+501;95901*>+*T9>-*1-*>+,:+ *1-2,2+*1+H9?02+*>-*+-2,-,;0D+/02+81+/*2h0;0+;*+-2,1>959i1+;*+-2*91-,+.*>*>D+501-,;0>+;*>;*+ *>,+3*5),E+f,+B*/j7:95,+;*+<,1,.k+.,1-*1;2k+:,>+.9>.,>+501;95901*>+;*+0/*2,59i1+[8*+>*+ ,/:95,7,1+,+:,>+*./2*>,>+2*3*29;,>D+,1-*>+;*+:,+*1-2,;,+*1+H9?*159,+;*+*>-*+-2,-,;0D+;*+.0;0+ [8*+/8*;,1+07-*1*2+:95*159,>+/,2,+2*,:9Z,2+1*?0590>+*1+:,+B*/j7:95,+;*+<,1,.kD+/2*H90+*:+ 58./:9.9*1-0+;*+:0>+2*[89>9-0>+;*+>8>+:*6*>E+<0>-*2902.*1-*D+;95),>+/*2>01,>+2*59792k1+*:+ .9>.0+-2,-0+501302.*+,+:,>+:*6*>+;*+:,+B*/j7:95,+;*+<,1,.k+[8*+*:+[8*+>*+;,+,+1*?0590>+ >9.9:,2*>+6,+*>-,7:*59;0>+*1+*:+2*>-0+;*:+-*229-0290+;*+:,+B*/j7:95,+;*+<,1,.kD+>91+ ;9>529.91,59i1E+ KE+f0>+;*2*5)0>+;*+/20/9*;,;D+50.0+:0>+2*50105*1+:0>+W>-,;0>+I19;0>+;*+O.l295,D+;*+[8*+ ;9>328-,1+:,>+/*2>01,>+1,-82,:*>+0+L82h;95,>+/29H,;,>D+*1+*;939590>+6+0-2,>+.*L02,>+8795,;0>+*1+ *:+-*229-0290+[8*+501>-9-86i+:,+n01,+;*:+C,1,:D+>*2k1+2*501059;0>+/02+:,+B*/j7:95,+;*+<,1,.k+ ;*+501302.9;,;+501+>8>+:*6*>E+ %E+f0>+/20/9*-,290>+;*+*;939590>+6+0-2,>+.*L02,>+8795,;0>+*1+:,>+k2*,>+;*+3815901,.9*1-0+;*:+ C,1,:D+:,>+k2*,>+;*+H9H9*1;,+8+0-2,>+k2*,>+>8L*-,>+,:+/205*;9.9*1-0+;*+*T/*;959i1+;*+:95*159,>+ *>-,7:*59;0+*1+*:+O2-h58:0+Va+;*:+O58*2;0+/,2,+:,+WL*5859i1+;*:+O2-h58:0+VVV+;*+*>-*+-2,-,;0D+ /0;2k1+501-918,2+8-9:9Z,1;0+*:+-*22*10+*1+;01;*+>8+/20/9*;,;+*>-8H9*2*+:05,:9Z,;,D+;*+ LNL 501302.9;,;+501+:0>+/205*;9.9*1-0>+*>-,7:*59;0>+*1+;95)0+,2-h58:0E+ RE+f0>+/20/9*-,290>+;*+*;939590>+6+0-2,>+.*L02,>+8795,;0>+*1+*:+-*229-0290+[8*+501>-9-86i+:,+ n01,+;*:+C,1,:D+,+:0>+58,:*>+10+38*2*+,/:95,7:*+*:+/205*;9.9*1-0+;*+*T/*;959i1+;*+:95*159,>+ ,1-*>+.*15901,;0+0+;*L,2*+;*+>*2:*>+,/:95,7:*+;82,1-*+:,+H9?*159,+0+,+:,+-*2.91,59i1+;*+*>-*+ -2,-,;0D+/0;2k1+501-918,2+8-9:9Z,1;0+*:+-*22*10+;01;*+*>-8H9*2*+:05,:9Z,;,+>8+/20/9*;,;+ >8L*-0>+,:+/,?0+;*+81+/2*590+2,Z01,7:*+,+:,+B*/j7:95,+;*+<,1,.kE+J9+:,+B*/j7:95,+;*+<,1,.k+ ;*59;9*>*+H*1;*2+;95)0+-*22*10D+032*5*2k+,+:0>+/20/9*-,290>+,[8h+*T/2*>,;0>D+81,+/29.*2,+ 0/59i1+;*+50./2,+;*+;95)0+-*22*10+,+50>-*+2,Z01,7:*E+W1+5,>0+;*+02?,19Z,5901*>+10+:852,-9H,>+ -,:*>+50.0+:,>+9?:*>9,>+6+02?,19Z,5901*>+32,-*21,:*>D+*:+/2*590+;*+50./2,+>*2k+10.91,:D+;*+ 501302.9;,;+501+:,+/2k5-95,+/2*H,:*59*1-*+*1+*:+2*>-0+;*:+-*229-0290+;*+:,+B*/j7:95,+;*+ <,1,.kE+ UE+J9+:,+B*/j7:95,+;*+<,1,.k+2*[8929*>*+;*+,:?81,+;*+:,>+/*2>01,>+,1-*>+.*15901,;,>D+[8*+ ;*>501-91j*+>8>+,5-9H9;,;*>+0+;*>058/,2*+>8+/20/9*;,;+/,2,+391*>+/j7:950>D+>*2k+50./*1>,;,+ /02+:,+B*/j7:95,+;*+<,1,.k+>*?j1+*:+H,:02+L8>-0+;*+.*25,;0E+ AE+f,>+;9>/0>95901*>+;*+:0>+/k22,30>+Q+,:+UD+,.70>+915:8>9H*D+>*+,/:95,2k1+,+:,>+/*2>01,>+ 1,-82,:*>+0+L82h;95,>+[8*+)879*2*1+*>-,;0+;*;95,;,>+,+,5-9H9;,;*>+;*+1*?0590+0+10+:852,-9H,>+ *1+*:+-*229-0290+[8*+501>-9-86i+:,+n01,+;*:+C,1,:D+/02+:0+.*10>D+>*9>+.*>*>+,1-*>+;*+:,+3*5),+ ;*+:,+392.,+;*+*>-*+-2,-,;0E+ @E+f,+B*/j7:95,+;*+<,1,.k+10+*T/*;92k+19+,;0/-,2k+0+*L*58-,2k+191?81,+:*6D+;*52*-0D+ 2*?:,.*1-0+0+,58*2;0+91-*21,5901,:+0+,559i1+[8*+/2*-*1;,+2*?:,.*1-,2+0+[8*+;*+,:?j1+.0;0+ 91-*239*2,+501+*:+*L*259590D+/02+/,2-*+;*+:0>+W>-,;0>+I19;0>+;*+O.l295,D+;*+:0>+;*2*5)0>+ 5013*29;0>+*1+*>-*+-2,-,;0+0+,58*2;0>+501*T0>E+ #E+f,>+1,H*>+[8*+-2,1>9-*1+/02+*:+C,1,:+6+:,>+5,2?,>D+/,>,L*20>+6+-29/8:,5901*>+-2,1>/02-,;0>+ *1+-,:*>+1,H*>D+*>-,2k1+*T*1-0>+;*+-0;0+9./8*>-0D+;*2*5)0+8+0-20+?2,H,.*1+/02+/,2-*+;*+:,+ B*/j7:95,+;*+<,1,.kE+J91+*.7,2?0D+*:+5,>0+*1+[8*+-,:*>+1,H*>+*1-2,2*1+,+81+/8*2-0+ /,1,.*m0D+>*+:*>+/0;2k1+5072,2+:0>+5,2?0>+[8*+/02+-,:+592581>-,159,+5022*>/01;9*2*1+50.0D+ /02+*L*./:0D+5,2?0>+*1+5015*/-0+;*+>*2H9590>+>8.919>-2,;0>+,+:,+1,H*E+f,+B*/j7:95,+;*+ <,1,.k+/0;2k+-,.79l1+2*[8*292+,+:0>+/,>,L*20>+6+,+:,>+-29/8:,5901*>+[8*+;*>*.7,2[8*1+;*+ -,:*>+1,H*>+[8*+/,?8*1+:0>+9./8*>-0>D+;*2*5)0>+6+?2,Hk.*1*>+*>-,7:*59;0>+;*+501302.9;,;+ 501+:,>+:*6*>+/,1,.*m,>+/,2,+/*2>01,>+[8*+91?2*>,2*1+,+>8+-*229-0290E+(,:*>+9./8*>-0>D+ ;*2*5)0>+6+?2,Hk.*1*>+>*2k1+39L,;0>+>072*+81,+7,>*+10+;9>529.91,-029,E+ "$E+f,+B*/j7:95,+;*+<,1,.k+6+:0>+W>-,;0>+I19;0>+;*+O.l295,+500/*2,2k1+*1+:,+,;0/59i1+;*+:,>+ .*;9;,>+[8*+;*+-9*./0+*1+-9*./0+38*2*1+1*5*>,29,>+/,2,+?,2,1-9Z,2+:,+>*?829;,;+;*+f,+ C0.9>9i1+;*:+C,1,:+;*+<,1,.kD+>8>+/20/9*;,;*>D+>8>+*./:*,;0>+6+:0>+;*/*1;9*1-*>+6+79*1*>+ ;*+l>-0>c+:,>+48*2Z,>+;*+:0>+W>-,;0>+I19;0>+;*+O.l295,+6+:0>+.9*.720>+;*+:,>+.9>.,>D+*:+ 50./01*1-*+59H9:+;*+:,>+48*2Z,>+;*+:0>+W>-,;0>+I19;0>D+:0>+;*/*1;9*1-*>+;*+.9*.720>+;*+:,>+ 48*2Z,>+6+;*:+50./01*1-*+59H9:+6+>8>+79*1*>D+6+:0>+501-2,-9>-,>+;*+f,+C0.9>9i1+;*:+C,1,:+;*+ <,1,.k+6+;*+:,>+48*2Z,>+;*+:0>+W>-,;0>+I19;0>D+>8>+;*/*1;9*1-*>+6+>8>+79*1*>E+f,+B*/j7:95,+ ;*+<,1,.k+>0:959-,2k+,:+N2?,10+f*?9>:,-9H0+:,+*T/*;959i1+;*+:,>+:*6*>+[8*+>*+2*[89*2,1+/,2,+ ::*H,2+,+5,70+:0>+/20/i>9-0>+[8*+,1-*5*;*1+6+/,2,+>,15901,2+,+:0>+501-2,H*1-02*>E+ ""E+f,>+<,2-*>+5015:892k1+81+,58*2;0+.*;9,1-*+*:+58,:+:0>+1,5901,:*>+;*+810+;*+:0>+;0>+ W>-,;0>+[8*+38*2*1+501;*1,;0>+/02+:0>+-29781,:*>+;*:+0-20+6+10+*>-8H9*>*1+;0.959:9,;0>+*1+l:D+ /0;2k1+0/-,2+/02+58./:92+:,+>*1-*159,+*1+*:+W>-,;0+;*+>8+1,5901,:9;,;E+ !7H'(2R%&$+ #?8;,)&,*&R5&()?.6.S*&3,;&(5*5;&3,&>5*5?V "E+f0>+W>-,;0>+I19;0>+;*+O.l295,D+*1+*:+*L*259590+;*+>8>+;*2*5)0>+6+*1+*:+58./:9.9*1-0+;*+>8>+ 2*>/01>,79:9;,;*>+50.0+*./:*,;02D+*>-,7:*5*2k1+2*?:,.*1-0>+/,2,+:,+501-2,-,59i1+;*:+ /*2>01,:+6+;*+>8+2l?9.*1+;*+-2,7,L0D+:0>+58,:*>+501-*1;2k1+:0>+-l2.910>D+501;95901*>+6+ 2*[89>9-0>+/,2,+-0;,>+:,>+5,-*?02h,>+;*+*./:*,;0>+;*+f,+C0.9>9i1+;*:+C,1,:+;*+<,1,.kE+W>-0>+ LNJ 2*?:,.*1-0>+>*+*1-2*?,2k1+,+:,+B*/j7:95,+;*+<,1,.k+,1-*>+;*+/01*2>*+*1+H9?02E+ QE!,&+f0>+2*?:,.*1-0>+*>-,7:*5*2k1+81+>9>-*.,+;*+/2*3*2*159,>+*1+*:+*./:*0+/,2,+ :0>0:959-,1-*>+/,1,.*m0>+[8*+/0>*,1++:,+/*2959,+6+5,:9395,5901*>+2*[8*29;,>+/,2,+*:+*./:*0+/02+ f,+C0.9>9i1+;*:+C,1,:+;*+<,1,.kE+f0>+W>-,;0>+I19;0>+;*+O.l295,+/20582,2k1+,>*?82,2+[8*+*:+ 1j.*20+;*+1,5901,:*>+/,1,.*m0>+*./:*,;0>+/02+f,+C0.9>9i1+;*+C,1,:+;*+<,1,.k+*1+2*:,59i1+ 501+*:+1j.*20+-0-,:+;*+>8>+*./:*,;0>+>*+,L8>-*+,+:,+/20/0259i1+*>-,7:*59;,+/,2,+:,>+*./2*>,>++ *T-2,1L*2,>+501302.*+,+:,>+:*6*>+;*+:,+B*/j7:95,+;*+<,1,.kE+ !7&+f0>+-l2.910>+6+501;95901*>+;*+*./:*0+[8*+>*+*>-,7:*Z5,1+10+>*2k1D+*1+?*1*2,:D+.*10>+ 3,H02,7:*>+/,2,+:,>+/*2>01,>++*./:*,;,>+/02+:,+50./,mh,+;*:+C,1,:+;*+<,1,.k+0+*:+^079*210+ ;*+:,+n01,+;*:+C,1,:+501+,1-*29029;,;+,+:,++3*5),+;*+*1-2,;,+*1+H9?02+;*+*>-*+-2,-,;0+[8*+:0>+ H9?*1-*>+91.*;9,-,.*1-*+,1-*>+;*+;95),+3*5),E+ KE+!,&+f0>+W>-,;0>+I19;0>+;*+O.l295,+*>-,7:*5*2k1+81,+/0:h-95,+;*+*./:*0+/,2,+f,+C0.9>9i1+ ;*:+C,1,:+;*+<,1,.k+[8*++:9.9-,2k+?*1*2,:.*1-*+*:+2*5:8-,.9*1-0+;*+/*2>01,:+38*2,+;*+:,+ B*/j7:95,+;*+<,1,.k+,+/*2>01,>+[8*+/0>*,1+:,+/*2959,+6++5,:9395,59i1+2*[8*29;,>+58,1;0+l>-,>+ 10+/8*;,1+07-*1*2>*+*1+:,+B*/j7:95,+;*+<,1,.kD+ !7&++f0>+W>-,;0>+I19;0>+;*+O.l295,+*>-,7:*5*2k1+/20?2,.,>+;*+,;9*>-2,.9*1-0+/,2,+ *./:*,;0>+6+,/2*1;95*>+/,1,.*m0>+,+391+;*+,8.*1-,2+*:+1j.*20+;*+1,5901,:*>+/,1,.*m0>+ 5,:9395,;0>+/,2,+058/,2+5,2?0>+*1+f,+C0.9>9i1+;*:+C,1,:+;*+<,1,.kD+,+.*;9;,+[8*+05822,1+:,>+ H,5,1-*>E+ !5&+S*1-20+;*:+/:,Z0+;*+59150+,m0>D+,+/,2-92+;*+:,+3*5),+;*+*1-2,;,+*1+H9?02+;*+*>-*+-2,-,;0D+*:+ 1j.*20+;*+1,5901,:*>+;*++:0>+W>-,;0>+I19;0>+;*+O.l295,+*./:*,;0>+;*+f,+C0.9>9i1+;*:+C,1,:+ ;*+<,1,.k+[8*+,1-*2902.*1-*+:0+),7h,1+>9;0+;*+:,+50./,mh,+;*:+C,1,:+;*+<,1,.kD+>*2k+/02+:0+ .*10>+81+H*91-*+/02+59*1-0+!QNo&+.*102+[8*+*:+1j.*20+-0-,:+;*+1,5901,:*>+*>-,;0819;*1>*>+ [8*+>*+*1501-2,7,1+-2,7,L,1;0+501+;95),+50./,mh,+91.*;9,-,.*1-*D+,1-*>+;*+:,+*1-2,;,+*1+ H9?02+;*+*>-*+-2,-,;0E+ !;&+f0>+W>-,;0>+I19;0>+;*+O.l295,+91302.,2k1+/*29i;9`5,.*1-*+,+:,+B*/j7:95,+;*+<,1,.kD+/02+ 501;85-0+;*+f,+C0.9>9i1+C002;91,;02,D+*>-,7:*59;,+;*+501302.9;,;+501+*:+O58*2;0+/,2,+:,+ WL*5859i1+;*:+,2-h58:0+"""+;*+*>-*+-2,-,;0D+>072*+:0>+5,2?0>+H,5,1-*>+*1+f,+C0.9>9i1E+f,+ B*/j7:95,+;*+<,1,.kD+*1+302.,+>9.9:,2D+/20/025901,2k+,+:0>++W>-,;0>+I19;0>+;*+O.l295,+:,+ 91302.,59i1+[8*+/0>*,+2*>/*5-0+;*+:,+;9>/01979:9;,;+;*+1,5901,:*>+/,1,.*m0>+[8*+,392.*1+ /0>**2+:,+/*2959,+6+5,:9395,5901*>+[8*+/8;9*2,+2*[8*292+f,+C0.9>9i1+;*:+C,1,:+;*+<,1,.k+/,2,+ [8*+;95),+91302.,59i1+/8*;,+>*2+-*19;,+*1+58*1-,+/02+:0>+W>-,;0>+I19;0>+;*+O.l295,E+ %E+f0>+W>-,;0>+I19;0>+;*+O.l295,+*>-,7:*5*2k1+:,>+102.,>+;*+5,:9395,59i1+>072*+:,+/*2959,D+ *1-2*1,.9*1-0+6+*T/*29*159,+1*5*>,29,>+/,2,+f,+C0.9>9i1+;*:+C,1,:+;*+<,1,.kE+O:+*>-,7:*5*2+ ;95),>+102.,>D+*1+:0+5015*219*1-*+,+:0>+2*[89>9-0>+/,2,+:95*159,>+/203*>901,:*>D+:0>+W>-,;0>+ I19;0>+;*+O.l295,D+>91+/*2L89590+;*+>8+;*2*5)0+;*+2*[8*292+/*2959,+6+5,:9395,5901*>+ /203*>901,:*>+,;95901,:*>D+2*50105*2k1+:,>+:95*159,>+/203*>901,:*>+*T/*;9;,>+/02+:,+B*/j7:95,+ ;*+<,1,.kE+ RE+f0>+W>-,;0>+I19;0>+;*+O.l295,+*>-,7:*5*2k1+81,+/0:h-95,+/,2,+:,+20-,59i1+/*29i;95,D+501+81+ .kT9.0+;*+59150+,m0>D+/,2,+*./:*,;0>+598;,;,10>+;*+:0>+W>-,;0>+I19;0>+6+0-20>+*./:*,;0>+ 10+/,1,.*m0>D+501-2,-,;0>+;*>/8l>+;*+:,+*1-2,;,+*1+H9?02+;*+*>-*+-2,-,;0E+J*+2*50105*+[8*D+ /02+2,Z01*>+,;.919>-2,-9H,>+381;,;,>D+>*+/0;2k1+),5*2+59*2-,>+*T5*/5901*>+,+;95),+/0:h-95,+;*+ 20-,59i1D+50.0+*1+*:+5,>0+;*+:0>+*./:*,;0>+[8*+058/*1+5,2?0>+[8*+2*[89*2,1+59*2-,+/*2959,+ 10+-2,1>3*297:*+0+10+2*5:8-,7:*E+ UE+P0+),72k+;9>529.91,59i1+*1+.+,-*29,+;*+>,:,290>D+/2*>-,5901*>+0+7*1*39590>+:,702,:*>D+/02+ 2,Zi1+;*+1,5901,:9;,;D+>*T0+0+2,Z,E+f0>+/,?0>+;*+2*.81*2,5901*>+,;95901,:*>+0+*:+>8.919>-20+ ;*+7*1*39590>+,;95901,:*>D+-,:*>+50.0+7*1*39590>+5015*219*1-*>+,+H,5,5901*>+*1+*:+/,h>+;*+ ;0.959:90D+/02+/,2-*+;*+f,+C0.9>9i1+;*:+C,1,:+;*+<,1,.k+,+/*2>01,>+1,5901,:*>+;*+W>-,;0>+ I19;0>+*./:*,;,>+,1-*>+;*+:,+*1-2,;,+*1+H9?02+;*+*>-*+-2,-,;0+0+,+/*2>01,>+;*+58,:[89*2+ 1,5901,:9;,;D+915:8>9H*+1,5901,:*>+;*+:,+B*/j7:95,+;*+<,1,.k+2*5:8-,;0>+38*2,+;*+<,1,.k+ ;*>/8l>+;*+:,+*1-2,;,+*1+H9?02+;*+*>-*+-2,-,;0+6+[8*+5,.79,2*1+>8+:8?,2+;*+2*>9;*159,D+10+>*+ 501>9;*2,2k1+;9>529.91,-0290>+/,2,+:0>+/20/i>9-0>+;*+*>-*+/,2k?2,30E+ AE+f0>+*./:*,;0>+;*+:,+C0./,mh,+;*:+C,1,:+;*+<,1,.k+0+;*:+^079*210+;*+:,+n01,+;*:+C,1,:+ ,1-*>+;*+:,+*1-2,;,+*1+H9?02+;*+*>-*+-2,-,;0D+[8*+2*>8:-*1+5*>,1-*>+,+501>*58*159,+;*+:,+ LNM -*2.91,59i1+;*+59*2-,>+,5-9H9;,;*>+/02+/,2-*+;*+:0>+W>-,;0>+I19;0>+;*+O.l295,+;*+ 501302.9;,;+501+*>-*+-2,-,;0D+>*2k1+,>9?1,;0>+*1+:,+.*;9;,+;*+:0+/0>97:*D+/02+:0>+W>-,;0>+ I19;0>+;*+O.l295,+,+0-20>+5,2?0>+,/20/9,;0>+;*+>8+^079*210+;*+,58*2;0+501+:0>+2*?:,.*1-0>+ ;*:+J*2H9590+C9H9:+;*+:0>+W>-,;0>+I19;0>+;*+O.l295,E+W1+58,1-0+,+:,>+/*2>01,>+[8*+10+38*2*1+ 1,5901,:*>+;*+:0>+W>-,;0>+I19;0>D+:0>+*>38*2Z0>+/,2,+50:05,2:0>+>*2k1+:9.9-,;0>+,+:,>+ ,5-9H9;,;*>+;*:+^079*210+;*+:0>+W>-,;0>+I19;0>+;*+O.l295,+*1+:,+B*/j7:95,+;*+<,1,.kE+S*+ 9?8,:+.0;0D+:,>+/*2>01,>+/2*H9,.*1-*+*./:*,;,>+*1+,5-9H9;,;*>+586,+2*>/01>,79:9;,;+,>8.*+ :,+B*/j7:95,+;*+<,1,.k+,+501>*58*159,+;*:+/2*>*1-*+-2,-,;0D+501-918,2k1+>9*1;0+*./:*,;,>D+ *1+:,+.*;9;,+;*+:0+/0>97:*D+/02+:,+B*/j7:95,+;*+<,1,.kE+f,+B*/j7:95,+;*+<,1,.k+?,2,1-9Z,2kD+ *1+:,+.*;9;,+;*+:0+/0>97:*D+[8*+:0>+-l2.910>+6+501;95901*>+;*+*./:*0+,/:95,7:*>+,:+/*2>01,:+ *./:*,;0+*1+:,>+,5-9H9;,;*>+586,+2*>/01>,79:9;,;+,>8.,+10+>*2k1+.*10>+3,H02,7:*>+[8*+:0>+ H9?*1-*>+91.*;9,-,.*1-*+,1-*>+;*+:,+*1-2,;,+*1+H9?02+;*+*>-*+-2,-,;0E+O+:0>+1,5901,:*>+10+ *>-,;0819;*1>*>+*./:*,;0>+;*+:,+50./,mh,+;*:+C,1,:+;*+<,1,.k+0+;*:+^079*210+;*+:,+n01,+ ;*:+C,1,:+501+,1-*29029;,;+,+:,+*1-2,;,+*1+H9?02+;*+*>-*+-2,-,;0D+[8*+38*2*1+>*/,2,;0>+ 91H0:81-,29,.*1-*+;*+>8>+5,2?0>+,+501>*58*159,+;*+:,+5*>,59i1+;*+81,+,5-9H9;,;+*1+H92-8;+;*+ *>-*+-2,-,;0+6+5,2*59*2*1+;*+;*2*5)0+,+81,+/*1>9i1+91.*;9,-,+501302.*+,:+J9>-*.,+;*+ Y879:,59i1+;*:+J*2H9590+C9H9:+;*+:0>+W>-,;0>+I19;0>+;*+O.l295,D+6+/,2,+[8h*1*>+10+38*2*+/0>97:*+ 501-918,2+50.0+*./:*,;0>+;*:+^079*210+;*+:0>+W>-,;0>+I19;0>+;*+O.l295,+*1+<,1,.kD+:,+ B*/j7:95,+;*+<,1,.k+:*>+/20/025901,2k+,68;,+*>/*59,:+*1+.,-*29,+;*+50:05,59i1+*1+*./:*0>+ /,2,+:0>+58,:*>+-,:*>+/*2>01,>+*>-l1+5,/,59-,;,>+/02+2,Zi1+;*+*T/*29*159,+6+*1-2*1,.9*1-0E+ @E+f,>+<,2-*>+501H9*1*1+*1+*>-,7:*5*2+81+>9>-*.,+.*;9,1-*+*:+58,:D+>9+,.7,>+:0+501>9;*2,1+ 501H*19*1-*+0+;*>*,7:*D+f,+C0.9>9i1+;*:+C,1,:+;*+<,1,.k+/0;2k+,>9?1,2+59*2-0>+*./:*,;0>+ ;*+:,+.9>.,D+/02+-9*./0+:9.9-,;0D+/,2,+[8*+,68;*1+*1+:,+*L*5859i1+;*+:,>+,5-9H9;,;*>+ -2,1>3*29;,>+,+:,+B*/j7:95,+;*+<,1,.k+50.0+2*>8:-,;0+;*+*>-*+-2,-,;0+6+>8>+,58*2;0>+ 501*T0>E+f,+B*/j7:95,+;*+<,1,.k+2**.70:>,2k+,+:0>+W>-,;0>+I19;0>+;*+O.l295,+:0>+>,:,290>+6+ 0-20>+50>-*>+/02+*:+*./:*0+;*+:,>+/*2>01,>+[8*+38*2*1+,>9?1,;,>+/,2,+/2*>-,2+-,:+,68;,E+ #E+!,&+J*+2*50105*+*:+;*2*5)0+;*+:0>+*./:*,;0>+,+1*?059,2+501-2,-0>+50:*5-9H0>+501+f,+ C0.9>9i1+;*:+C,1,:+;*+<,1,.kE+f,>+2*:,5901*>+:,702,:*>+501+:0>+*./:*,;0>+;*+f,+C0.9>9i1+;*:+ C,1,:+;*+<,1,.k+>*2k1+501;859;,>+;*+,58*2;0+501++302.,>+;*+501-2,-,59i1+50:*5-9H,+ *>-,7:*59;,>+/02+W>-,;0>+I19;0>+;*+O.l295,D+/2*H9,+501>8:-,+501++:0>++>91;95,-0>E+ !7&+f0>+>91;95,-0>+-*1;2k1+*:+;*2*5)0+;*+,39:9,2>*+,+02?,19Z,5901*>+:,702,:*>+91-*21,5901,:*>E+ "$E+f0>+W>-,;0>+I19;0>+;*+O.l295,+/20H**2k1+81+/20?2,.,+;*+L879:,59i1+0/-,-9H,+,/20/9,;,+6+ ,1-959/,;,+,+-0;,>+:,>+/*2>01,>+[8*+38*2*1+*./:*,;0>+;*+:,+C0./,mh,+;*:+C,1,:+;*+<,1,.k+0+ ;*:+^079*210+;*+:,+n01,+;*:+C,1,:+91.*;9,-,.*1-*+,1-*>+;*+:,+*1-2,;,+*1+H9?02+;*+*>-*+ -2,-,;0E+W1+2*:,59i1+501+*>-,+.,-*29,D+-0.,1;0+*1+58*1-,+:,>+592581>-,159,>+*>/*59,:*>+ 52*,;,>+/02+:,>+*>-9/8:,5901*>+;*+*>-*+-2,-,;0D+915:8>0+>8+;82,59i1+6+>8>+*3*5-0>+>072*+;95)0>+ *./:*,;0>D+:0>+W>-,;0>+I19;0>+;*+O.l295,D+*1+58,1-0+,+*::0>X+ !,&+S*-*2.91,2k1+[8*+>*+),1+;,;0+:,>+501;95901*>+/,2,+91H05,2+:,>+:*6*>+,/:95,7:*>+;*+:0>+ W>-,;0>+I19;0>+[8*+/*2.9-*1+:,>+L879:,5901*>+,1-959/,;,>+6+,/:95,2+;95),+:*?9>:,59i1+/02+81+ /*2h0;0+501>9;*2,7:*+;*+:,+;82,59i1+;*+*>-*+-2,-,;0D+ !7&+<20582,2k1+81,+:*?9>:,59i1+*>/*59,:+[8*+032*Z5,+;*2*5)0>+.k>+,./:90>+[8*+:0>+[8*+ 5015*;*+,5-8,:.*1-*+:,+:*6+/,2,+;*-*2.91,2+*:+.01-0+;*+:,>+L879:,5901*>E+ !7H'(2R%&$'+ T.68)6.<.)*,6&85A5&,;&>,AW)3)&3,&HA5*6.<.S* f,+B*/j7:95,+;*+<,1,.k+2*,>8.92k+/:*1,+L829>;9559i1+>072*+*:+-*229-0290+[8*+501>-9-86i+:,+ n01,+;*:+C,1,:D+*1+:,+3*5),+;*+*1-2,;,+*1+H9?02+;*+*>-*+-2,-,;0+6+;*+501302.9;,;+501+>8>+ *>-9/8:,5901*>E+ "E+C01+*:+391+;*+:0?2,2+81,+-2,1>959i1+02;*1,;,+*1+:,+,/:95,59i1+/:*1,+;*+:0>+,22*?:0>+ L829>;955901,:*>+*>-,7:*59;0>+.*;9,1-*+*>-*+-2,-,;0+6+:0>+,58*2;0>+,391*>D+:,>+*>-9/8:,5901*>+ ;*+*>-*+,2-958:0+>*2k1+,/:95,7:*>+,+/,2-92+;*+:,+3*5),+*1+[8*+*>-*+-2,-,;0+*1-2*+*1+H9?02+6+ /*2.,1*5*2,1+*1+H9?*159,+;82,1-*+-2*91-,+.*>*>+5,:*1;,290>E+f,>+3,58:-,;*>+5013*29;,>+*1+ *>-*+,2-958:0+,+:0>+W>-,;0>+I19;0>+;*+O.l295,+/,2,+*>-*+/*2h0;0+;*+-2,1>959i1+50./:*.*1-,2k1+ LNN 6+10+-9*1*1+:,+391,:9;,;+;*+:9.9-,2+:,+-0-,:+,/:95,59i1+6+*3*5-0+;*+:0>+;*2*5)0>+6+,-29785901*>+ 5013*29;0>+,+:0>+W>-,;0>+I19;0>+;*+O.l295,+*1+0-2,>+/,2-*>+*1+*>-*+-2,-,;0+6+*1+:0>+,58*2;0>+ ,391*>E+ QE+S82,1-*+*>-*+/*2h0;0+;*+-2,1>959i1D+:,>+:*6*>+59H9:*>+6+/*1,:*>+;*+:0>+W>-,;0>+I19;0>+;*+ O.l295,+>*2k1+,/:95,7:*>+*1+302.,+5015822*1-*+501+:,>+;*+:,+B*/j7:95,+;*+<,1,.k+*1+59*2-,>+ ;*+:,>+k2*,>+*+91>-,:,5901*>+/8*>-,>+,+;9>/0>959i1+;*+:0>+W>-,;0>+I19;0>+;*+O.l295,+/,2,+>8+ 8>0+;*+501302.9;,;+501+*>-*+-2,-,;0D+;*+,58*2;0+501+:,>+>9?89*1-*>+;9>/0>95901*>X+ !,&+f,+B*/j7:95,+;*+<,1,.k+/*2.9-*+,+:,>+,8-029;,;*>+;*+:0>+W>-,;0>+I19;0>+;*+O.l295,+-*1*2+ *:+;*2*5)0+/29.,290+;*+*L*25*2+L829>;9559i1+/*1,:+>072*+598;,;,10>+;*+:0>+W>-,;0>+I19;0>+;*+ O.l295,+*./:*,;0>+;*+f,+C0.9>9i1+;*:+C,1,:+;*+<,1,.k+6+>8>+;*/*1;9*1-*>+6+>072*+ .9*.720>+;*+:,>+48*2Z,>+;*+:0>+W>-,;0>+I19;0>+6+>8+50./01*1-*+59H9:+6+>8>+;*/*1;9*1-*>+*1+ :0>+>9?89*1-*>+5,>0>X+ !9&+/02+58,:[89*2+;*:9-0+50.*-9;0+;82,1-*+*:+/*2h0;0+;*+-2,1>959i1+;*1-20+;*+ -,:*>+k2*,>+*+91>-,:,5901*>D+6+ !99&+/02+58,:[89*2+;*:9-0+50.*-9;0+501+,1-*29029;,;+,+;95)0+<*2h0;0+*1+:0+[8*+ 501>-9-86i+:,+n01,+;*:+C,1,:E+f,+B*/j7:95,+;*+<,1,.k+-*1;2k+*:+;*2*5)0+ /29.,290+/,2,+*L*25*2+L829>;9559i1+2*>/*5-0+;*+-0;0>+:0>+;*.k>+;*:9-0>+ 50.*-9;0>+/02+-,:*>+/*2>01,>D+*T5*/-0+>*?j1+>*+;9>/01?,+:0+501-2,290+*1+*>-*+ -2,-,;0+6+*1+,58*2;0>+,391*>D+0+>*?j1+>*+501H*1?,+;*+0-20+.0;0E !7&+C8,:[89*2,+;*+:,>+<,2-*>+/0;2k+;*5:91,2+*:+*L*259590+;*+;*2*5)0+/29.,290+;*+L829>;9559i1+*1+ 81+5,>0+0+5,-*?02h,+;*+5,>0>+*>/*5h3950>E KE+f0>+W>-,;0>+I19;0>+;*+O.l295,+2*-*1;2k1+*:+;*2*5)0+;*+*L*25*2+L829>;9559i1+*1+5,>0>+ /*1,:*>+[8*+>82L,1+;*+;*:9-0>+50.*-9;0>+,1-*>+;*+:,+*1-2,;,+*1+H9?02+;*+*>-*+-2,-,;0+*1+ H90:,59i1+;*+:,>+:*6*>+,/:95,7:*>+*1+:0+[8*+38*+:,+n01,+;*:+C,1,:E+ %E+S82,1-*+*:+/*2h0;0+;*+-2,1>959i1D+:0>+W>-,;0>+I19;0>+;*+O.l295,+2*-*1;2k1+,8-029;,;+ /0:959,:+6+.,1-*1;2k1+81,+38*2Z,+;*+/0:95h,+*1+:,>+k2*,>+*+91>-,:,5901*>+,1-*>+.*15901,;,>E+ W1+-,:*>+k2*,>D+:,>+,8-029;,;*>+/0:959,:*>+;*+:0>+W>-,;0>+I19;0>+;*+O.l295,+/0;2k1+;*-*1*2+,+ 58,:[89*2+/*2>01,+10+>8L*-,+,+>8+L829>;9559i1+/29.,29,+>9+>*+/2*>8.*+[8*+-,:+/*2>01,+),+ 50.*-9;0+0+*>-k+50.*-9*1;0+81+;*:9-0+501-2,+:*6*>+0+2*?:,.*1-0>+,/:95,7:*>+6D+>91+;*.02,D+ -2,1>3*292k1+>8+58>-0;9,+,+:,>+,8-029;,;*>+/0:959,:*>+;*+:,+B*/j7:95,+;*+<,1,.kE+f,+B*/j7:95,+ ;*+<,1,.k+6+:0>+W>-,;0>+I19;0>+;*+O.l295,+*>-,7:*5*2k1+/,-28::,>+/0:959,:*>+501L81-,>+*1+ k2*,>+501H*19;,>E+C8,:[89*2+,22*>-0+::*H,;0+,5,70+/02+81,+/,-28::,+501L81-,+>*2k+ 2*>/01>,79:9;,;+;*:+.9*.720+0+;*+:0>+.9*.720>+;*+:,+/,-28::,+[8*+2*/2*>*1-,1+,+:,+<,2-*+[8*+ -9*1*+L829>;9559i1+/29.,29,+>072*+:,+/*2>01,+0+:,>+/*2>01,>+,22*>-,;,>E+ RE+f0>+-29781,:*>+;*+:0>+W>-,;0>+I19;0>+;*+O.l295,+6+*:+/*2>01,:+2*:,5901,;0+501+:0>+.9>.0>+ [8*+,5-8,7,1+*1+:0+[8*+501>-9-86i+:,+n01,+;*:+C,1,:+91.*;9,-,.*1-*+,1-*>+;*+:,+*1-2,;,+*1+ H9?02+;*+*>-*+-2,-,;0D+/0;2k1+501-918,2+,5-8,1;0+;82,1-*+*:+/*2h0;0+;*+-2,1>959i1+/,2,+:,+ *L*5859i1+L8;959,:+;*+:,+L829>;9559i1+[8*+*L*25*2k1+:0>+W>-,;0>+I19;0>+;*+O.l295,+;*+ 501302.9;,;+501+*>-*+,2-958:0E+ UE+W1+:0>+5,>0>+59H9:*>D+:0>+-29781,:*>+59H9:*>+;*+:0>+W>-,;0>+I19;0>+;*+O.l295,+*1+:,+B*/j7:95,+ ;*+<,1,.k+10+-*1;2k1+L829>;9559i1+>072*+5,>0>+18*H0>+;*+5,2k5-*2+/29H,;0+6+59H9:+/*20+ 2*-*1;2k1+/:*1,+L829>;9559i1+;82,1-*+*:+/*2h0;0+;*+-2,1>959i1+/,2,+;*59;92+58,:*>[89*2+5,>0>+ 59H9:*>D+915:8>9H*+5,>0>+;*+,:.92,1-,Z?0D+6,+9150,;0>+6+-2,.9-k1;0>*+,1-*+:0>+-29781,:*>+,1-*>+ ;*+:,+*1-2,;,+*1+H9?02+;*:+/2*>*1-*+-2,-,;0E+ AE+f,>+:*6*>D+2*?:,.*1-0>+6+3,58:-,;*>+,;.919>-2,-9H,>+;*+:0>+W>-,;0>+I19;0>+;*+O.l295,+ ,/:95,7:*>+91.*;9,-,.*1-*+,1-*>+;*+:,+*1-2,;,+*1+H9?02+;*+*>-*+-2,-,;0D+*1+:0+[8*+501>-9-86i+ :,+n01,+;*:+C,1,:D+*1+:,+.*;9;,+*1+[8*+10+38*2*1+9150./,-97:*>+501+*>-*+-2,-,;0+6+501+ ,58*2;0>+,391*>D+501-918,2k1+*1+H9?02+,+:0>+391*>+;*:+*L*259590D+/02+/,2-*+;*+:0>+W>-,;0>+I19;0>+ ;*+O.l295,D+;*+:,+*L*5859i1+;*+:,>+:*6*>+6+;*+:,+L829>;9559i1+L8;959,:+>i:0+;82,1-*+*:+/*2h0;0+ ;*+-2,1>959i1E+f0>+W>-,;0>+I19;0>+;*+O.l295,+/0;2k1+*1.*1;,2D+,720?,2+0+;*+58,:[89*2+0-20+ .0;0+.0;9395,2+-,:*>+:*6*>D+2*?:,.*1-0>+0+3,58:-,;*>+,;.919>-2,-9H,>E+f,>+<,2-*>+5*:*72,2k1+ 501>8:-,>+2*>/*5-0+;*+58*>-901*>+>8>-,1-9H,>+6+;*+/205*;9.9*1-0+5015*219*1-*>+,+:,+*L*5859i1+ ;*+*>-*+,2-h58:0D+915:8>9H*+:,+;*59>9i1+;*+5,>0>+/*1;9*1-*>+,:+391,:9Z,2+*:+/*2h0;0+;*+-2,1>959i1+ LNf 6D+,+*>-*+2*>/*5-0D+/0;2k1+5015*2-,2+,58*2;0>+,/20/9,;0>+.*;9,1-*+5,1L*>+;*+10-,>+8+0-20>+ 91>-28.*1-0>E+ @E+S82,1-*+*:+/*2h0;0+;*+-2,1>959i1D+:0>+W>-,;0>+I19;0>+;*+O.l295,+/0;2k1+>*?892+ *15,25*:,1;0+/*2>01,>+*1+:,>+k2*,>+*+91>-,:,5901*>+/8*>-,>+,+;9>/0>959i1+;*+:0>+W>-,;0>+I19;0>+ ;*+O.l295,+/02+:,+B*/j7:95,+;*+<,1,.k+/,2,+>8+8>0+;*+501302.9;,;+501+*>-*+-2,-,;0+6+ ,58*2;0>+501*T0>+0+-2,1>3*292:0>+,+91>-9-85901*>+/*1,:*>+*1+:0>+W>-,;0>+I19;0>+;*+O.l295,+ /,2,+[8*+58./:,1+>8>+>*1-*159,>E+ !7H'(2R%&$''+ (5*5;&5&".+,;&3,;&Q5A+)&H,A<,A&D9,M)&3,&#6<;965 "E+f,+B*/j7:95,+;*+<,1,.k+6+:0>+W>-,;0>+I19;0>+;*+O.l295,+2*50105*1+[8*+81+5,1,:+,:+19H*:+ ;*:+.,2+/8*;*+>*2+9./02-,1-*+*1+*:+38-820+/,2,+:,+1,H*?,59i1+91-*21,5901,:E+W1+501>*58*159,D+ ;82,1-*+:,+H9?*159,+;*+*>-*+-2,-,;0D+:,>+<,2-*>+>*+50./20.*-*1+,+*>-8;9,2+501L81-,.*1-*+:,+ H9,79:9;,;+;*+;95)0+5,1,:+*1+:,+B*/j7:95,+;*+<,1,.k+6D+*1+5,>0+;*+[8*+;*59;9*2*1+ 3,H02,7:*.*1-*+>072*+:,+1*5*>9;,;+;*:+.9>.0D+1*?059,2k1+:0>+-l2.910>+[8*+,.7,>+<,2-*>+ /8;9*2,1+,502;,2+/,2,+:,+501>-28559i1+;*+;95)0+5,1,:E+ QE+f,+B*/j7:95,+;*+<,1,.k+6+:0>+W>-,;0>+I19;0>+;*+O.l295,+*>-k1+,18*1-*>+,+:0+>9?89*1-*X+ !,&+[8*+10+>*+501>-2892k+81+18*H0+5,1,:+91-*205*k1950+*1+*:+-*229-0290+;*+:,+ B*/j7:95,+;*+<,1,.k+;82,1-*+:,+H9?*159,+;*:+(2,-,;0+;*:+C,1,:D+>910+ 501302.*+,+:,>+*>-9/8:,5901*>+;*+*>-*+-2,-,;0+0+>,:H0+,58*2;0+;9>-91-0+;*+:,>+ <,2-*>D+6+ !7&+[8*+;82,1-*+:,+H9?*159,+;*:+(2,-,;0+;*:+C,1,:D+:0>+W>-,;0>+I19;0>+;*+ O.l295,+10+1*?059,2k1+501+-*25*20>+W>-,;0>+*:+;*2*5)0+/,2,+:,+501>-28559i1+ ;*+81+5,1,:+91-*205*k1950+/02+191?81,+0-2,+28-,+*1+*:+-*229-0290+;*:+ ]*.9>3*290+N559;*1-,:D+>,:H0+,58*2;0+;9>-91-0+;*+:,>+<,2-*>E KE+f,+B*/j7:95,+;*+<,1,.k+50139*2*+,+:0>+W>-,;0>+I19;0>+;*+O.l295,+*:+;*2*5)0+,+,?2*?,2+81+ -*25*2+L8*?0+;*+*>5:8>,>+,:+/2*>*1-*+5,1,:D+W>-*+;*2*5)0+/0;2k+>*2+*L*259;0+*1+58,:[89*2+ .0.*1-0+;82,1-*+:,+H9;,+;*:+/2*>*1-*+-2,-,;0D+/2*H9,+*1-2*?,+,+:,+B*/j7:95,+;*+<,1,.k+;*+ 50/9,+;*+:0>+/:,10>+5022*>/01;9*1-*>+/02+:0>+W>-,;0>+I19;0>+;*+O.l295,E+ %E+W1*:+5,>0+;*+[8*+:0>+W>-,;0>+I19;0>+;*+O.l295,+*L*259*2,1+*:+;*2*5)0+*T/2*>,;0+*1+*:+ 18.*2,:+-*25*20+[8*+,1-*5*;*D+/0;2k1+8>,2+/,2,+-,:+391D+,;*.k>+;*+:,>+k2*,>+[8*+>*+/01*1+,+ ;9>/0>959i1+;*+:0>+W>-,;0>+I19;0>+;*+O.l295,+501302.*+,+*>-*+-2,-,;0D+58,:*>[89*2,+0-2,>+ k2*,>+[8*+:,>+<,2-*>+,58*2;*1E+f0>+-l2.910>+6+:,>+501;95901*>+,/:95,7:*>+,+:,>+k2*,>+;*+ 0/*2,59i1+;*:+C,1,:+/8*>-,>+/02+:,+B*/j7:95,+;*+<,1,.k+,+;9>/0>959i1+;*+:0>+W>-,;0>+I19;0>+ ;*+O.l295,+/,2,+>8+8>0+501302.*+,:+,2-h58:0+;*+*>-*+-2,-,;0D+>*2k1+,/:95,7:*>D+*1+302.,+ >9.9:,2D+,+-,:*>+k2*,>+,;95901,:*>E+ RE+J91+*:+/2*H90+501>*1-9.9*1-0+;*+:,+B*/j7:95,+;*+<,1,.kD+:0>+W>-,;0>+I19;0>+;*+O.l295,+10+ /0;2k1+8-9:9Z,2+-l5195,>+185:*,2*>+;*+*T5,H,59i1+/,2,+:,>+072,>+,1-*>+91;95,;,>E+ !7H'(2R%&$'''+ HA5*6=,A,*<.5&3,&/.,*,6&@&>5A-.<.85<.S*+#<)*S?.<5&3,&;5&7,8X:;.<5&3,&>5*5?V "E+O:+391,:9Z,2+:,+H9?*159,+;*+*>-*+-2,-,;0D+:,+B*/j7:95,+;*+<,1,.k+,>8.92k+:,+/:*1,+ 2*>/01>,79:9;,;+;*+:,+,;.919>-2,59i1D+3815901,.9*1-0+6+.,1-*19.9*1-0+;*:+C,1,:+;*+<,1,.kD+ *:+58,:+:*+>*2k+-2,1>3*29;0+*1+501;95901*>+;*+3815901,219*1-0D+:972*+;*+?2,Hk.*1*>+6+;*8;,>D+ >,:H0+:0+[8*+501H919*2*1+:,>+<,2-*>E+ QE+f0>+W>-,;0>+I19;0>+;*+O.l295,+-2,1>39*2*1+,+:,+B*/j7:95,+;*+<,1,.k+:972*+;*+50>-*D+:0>+ ;*2*5)0>D+-h-8:0>+*+91-*2*>*>+[8*+:0>+W>-,;0>+I19;0>+;*+O.l295,+/8;9*2*1+-*1*2+2*>/*5-0+;*+ 79*1*>+2,h5*>D+915:8>9H*+:,>+.*L02,>+91,.0H97:*>+>072*+:0>+.9>.0>D+50.0+>*+*T/2*>,+,+ 501-918,59i1X+ !,&+O:+*1-2,2+*1+H9?02+*>-*+-2,-,;0D+*:+4*2205,229:+;*+<,1,.k+6+:0>+79*1*>+ 2,h5*>+8795,;0>+*1+*:+-*229-0290+[8*+501>-9-86i+:,+n01,+;*:+C,1,:+[8*+10+ *>-8H9*2*1+;*1-20+;*+:,>+k2*,>+;*+-9*22,>+6+,?8,>+5860+8>0+>*+/01*+,+ LNq ;9>/0>959i1+;*+:0>+W>-,;0>+I19;0>+;*+O.l295,+*1+H92-8;+;*+*>-*+-2,-,;0E+P0+ 07>-,1-*D+>*+501H9*1*+*1+[8*+;*+:,+-2,1>3*2*159,+*1+;95),+3*5),+[8*;,2k1+ *T5:89;0>+:0>+*;939590>+6+0-2,>+91>-,:,5901*>D+>,:H0+H9H9*1;,>D+5860+8>0+38*2*+ 2*-*19;0+/02+:0>+W>-,;0>+I19;0>+;*+O.l295,+;*+501302.9;,;+501+*>-*+-2,-,;0+6+ ,58*2;0>+,391*>D+38*2,+;*+:,>+k*,>+,1-*>+91;95,;,>E+ !7&+f0>+79*1*>+>9-8,;0>+*1+81+k2*,+0+/0259i1+;*+*::,D+*1+*:+.0.*1-0+*1+[8*+ :0>+W>-,;0>+I19;0>+;*+O.l295,+5*>,2*1+*1+*:+8>0+;*+:,+.9>.,+>*?j1+501H*1?,1+ :,>+<,2-*>E+ !5&+f,>+819;,;*>+;*+H9H9*1;,+;*>-91,;,>+,:+8>0+;*+:0>+.9*.720>+;*+:,>+48*2Z,>+ O2.,;,>+;*+:,+B*/j7:95,+;*+<,1,.kD+501302.*+,:+/,2k?2,30+R+!7&+;*:+O1*T0+_+ ;*:+O58*2;0+/,2,+:,+WL*5859i1+;*:+,2-h58:0+Va+;*+*>-*+-2,-,;0D+,:+.0.*1-0+*1+ [8*+:,>+.9>.,>+38*2,1+/8*>-,>+,+;9>/0>959i1+;*+:,+B*/j7:95,+;*+<,1,.kE+ !;&+O:+391,:9Z,2+:,+H9?*159,+;*+*>-*+-2,-,;0D+:,+-0-,:9;,;+;*+:0>+79*1*>+2,h5*>D+ .*L02,>+91,.0H97:*>+[8*+)879*2*1+>9;0+8>,;0>+/02+:0>+W>-,;0>+I19;0>+;*+ O.l295,+/,2,+:0>+391*>+;*+*>-*+-2,-,;0+6+,58*2;0>+,391*>+6+:0>+*[89/0>+[8*+ [8*;,2*1+*1+:,+B*/j7:95,+;*+<,1,.k+2*:,5901,;0>+501+*:+.,1*L0D++ 3815901,.9*1-0+6+.,1-*19.9*1-0+;*:+C,1,:E KE+f,+B*/j7:95,+;*+<,1,.k+501H9*1*+*1+:97*2,2+,+:0>+W>-,;0>+I19;0>+;*+O.l295,+2*>/*5-0+;*+ :,>+2*5:,.,5901*>+[8*+/8;9*2*1+/2*>*1-,2+-*25*2,>+/*2>01,>+*1+2*:,59i1+501+:0>+;*2*5)0>D+ -h-8:0>+0+91-*2*>*>+>072*+:0>+79*1*>+,1-*;95)0>E+ %E+f,+B*/j7:95,+;*+<,1,.k+2*59792k+,;95901,:.*1-*+;*+f,+C0.9>9i1+;*:+C,1,:+;*+<,1,.k+81,+ 2*-297859i1+L8>-,+6+*[89-,-9H,+/02+:0>+2*582>0>+1,5901,:*>+[8*+),+;*;95,;0+,:+3815901,.9*1-0D+ .,1*L0D+.,1-*19.9*1-0D+/20-*559i1+6+;*3*1>,+*3959*1-*>+;*:+C,1,:+;*+<,1,.kD+;*+,58*2;0+ 501+:0+>9?89*1-*X+ !,&+I1,+>8.,+,18,:+/,?,;*2,+;*+:,>+*1-2,;,>+/02+*:+3815901,.9*1-0+;*:+C,1,:+ 5,:58:,;,+,+:,+-,>,+;*+-2*91-,+5*1-l>9.0>+;*+;i:,2+;*+:0>+W>-,;0>+I19;0>+;*+ O.l295,+!d$EK$&+/02+5,;,+-01*:,;,+1*-,+;*:+C,1,:+;*+<,1,.kD+0+>8+ *[89H,:*1-*D+5072,;0+,+5,;,+1,H*+>8L*-,+,:+/,?0+;*+/*,L*>+[8*+-2,1>9-*+*:+ C,1,:+;*>/8l>+;*+:,+*1-2,;,+*1+H9?02+;*+*>-*+-2,-,;0E+f,+-,>,+;*+-2*91-,+ 5*1-l>9.0>+;*+;i:,2+;*+:0>+W>-,;0>+I19;0>+;*+O.l295,+!d$EK$&+/02+5,;,+ -01*:,;,+1*-,+;*:+C,1,:+;*+<,1,.kD+0+>8+*[89H,:*1-*D+>*2k+,L8>-,;,+*1++ /20/0259i1+,+:0>+5,.790>+*1+*:+h1;95*+;*+/2*590>+,:+/02+.,602+;*+:,>+ .,183,5-82,>+-0-,:*>+;*+:0>+W>-,;0>++I19;0>+;*+O.l295,+;82,1-*+/*2h0;0>+;*+ ;0>+,m0>E+W:+/29.*2+,L8>-*+>*+),2k+,+:0>+59150+,m0>+;*+H9?*159,++;*:+/2*>*1-*+ -2,-,;0D+-0.,1;0+*1+58*1-,+:0>+5,.790>+058229;0>+*1+*:+h1;95*+;*+/2*590>+ .*15901,;0+;82,1-*+:0>+;0>+,m0>+91.*;9,-,.*1-*+,1-*2902*>E+<0>-*2902.*1-*+ :0>+,L8>-*>+>85*>9H0>+>*+*3*5-8,2k1+,:+391,:+;*+5,;,+/*290;0+;*+;0>+,m0>E+W1+ 5,>0+;*+[8*+:0>+W>-,;0>+I19;0>+;*+O.l295,+;*59;9*2,1+[8*+0-20+.l-0;0+;*+ h1;95*+*>+/2*3*297:*D+:0>+W>-,;0>+I19;0>+;*+O.l295,+/2*>*1-,2k1+,+:,+B*/j7:95,+ ;*+<,1,.k+;95)0+.l-0;0+6+*:+.9>.0+>*2k+,/:95,;0+>9+38*2*+,502;,;0+ .8-8,.*1-*E+ !7&+I1,+,18,:9;,;+39L,+;*+;9*Z+.9::01*>+;*+;i:,2*>+;*+:0>+W>-,;0>+I19;0>+;*+ O.l295,+!d"$E$$$E$$$E$$&+/,?,;*2,+;*+:,>+*1-2,;,>+/02+*:+3815901,.9*1-0+;*:+ C,1,:E+W>-,+>8.,+501>-9-892k+81,+*20?,59i1+39:,+;*+f,+C0.9>9i1+;*:+C,1,:+;*+ <,1,.kE+ !5&+I1,+>8.,+,18,:+;*+),>-,+;9*Z+.9::01*>+;*+;i:,2*>+;*+:0>+W>-,;0>+I19;0>+;*+ O.l295,+!d"$E$$$E$$$E$$&+/02+81+,m0D+/,?,;*2,+;*+:,>+*1-2,;,>+/02+*:+ 3815901,.9*1-0+;*:+C,1,:+*1+:,+.*;9;,+*1+[8*+;95),>+*1-2,;,>+*T5*;,1+:0>+ ?,>-0>+;*+f,+C0.9>9i1+;*:+C,1,:+;*+<,1,.k+915:89;,>+:,>+>8.,>+/,?,;,>+ 501302.*+,+*>-*+-2,-,;0E+W1+5,>0+;*+[8*+:,>+*1-2,;,>+/02+*:+3815901,.9*1-0+ ;*:+C,1,:D+*1+58,:[89*2+,m0D+10+/20;8L*2,1+81+>8/*2kH9-+>83959*1-*+/,2,+ >,-9>3,5*2+*>-*+/,?0D+*:+>,:;0+10+/,?,;0+>*2k+5879*2-0+501+:0>+>8/*2kH9->+;*+ 0/*2,5901+*1+,10>+38-820>+;*+81,+.,1*2,+.8-8,.*1-*+501H*19;,E !7H'(2R%&$'C+ !AA,M;)&3,&;56&()*-A)+,A6.56 LNt W1+:,+*H*1-8,:9;,;+;*+[8*+>82?9*2*+,:?81,+501-20H*2>9,+5015*219*1-*+,+:,+91-*2/2*-,59i1+;*+ *>-*+-2,-,;0+0+,58*2;0>+501*T0>D+:,>+<,2-*>+),2k1+-0;0+*>38*2Z0+/02+2*>0:H*2+*:+,>81-0+ .*;9,1-*+501>8:-,>+,+:0>+50.9-l>+50./*-*1-*>+*>-,7:*59;0>+;*+501302.9;,;+501+*>-*+-2,-,;0+ 6+,58*2;0>+501*T0>+0D+>9+38*>*+0/02-810D+.*;9,1-*+:0>+5,1,:*>+;9/:0.k-950>E+C8,1;0+:,>+ <,2-*>+10+/8;9*>*1+2*>0:H*2+81+;*-*2.91,;0+,>81-0+/02+;95)0>+.*;90>+/0;2k1D+*1+5,>0>+ ,/20/9,;0>D+,502;,2+>0.*-*2+*:+,>81-0+,+50159:9,59i1D+.*;9,59i1D+,279-2,L*+8+0-20+ /205*;9.9*1-0+[8*+.8-8,.*1-*+501>9;*2,>*1+501H*19*1-*+/,2,+*:+,22*?:0+/,593950+;*+:,+ 501-20H*2>9,E+ !"#$%+ >A)<,3.?.,*-)6&85A5&;5&(,65<.S*&)&HA5*6=,A,*<.5&3,&;56+!<-.+.353,6&;;,+5356&5&<5:)&8)A&;5& ()?85YW5&3,Z&(5*5;+3,&>5*5?V&@&,;&[):.,A*)&3,&;5&\)*5&3,;&(5*5;&@&R.6-5+.;96-A5-.+5&3,&;56& =9*<.)*,6&]9,&8)3AV&3,6,?8,Y5A+R5&()?.6.S*&3,;&(5*5;&3,&>5*5?V "E+f,>+:*6*>+;*+:,+B*/j7:95,+;*+<,1,.k+2*?92k1+*:+*L*259590+;*+:,>+,5-9H9;,;*>+*501i.95,>+ /29H,;,>+;*1-20+;*+:,>+k2*,>+5860+8>0+:,+B*/j7:95,+;*+<,1,.k+),+/8*>-0+,+;9>/0>959i1+;*+:0>+ W>-,;0>+I19;0>+;*+O.l295,+/,2,+:0>+391*>+;*:+/2*>*1-*+-2,-,;0E+f,>+/*2>01,>+1,-82,:*>+0+ L82h;95,>+[8*+>*+),::,2*1+*>-,7:*59;,>+6+;*;95,;,>+:*?,:.*1-*+,:+*L*259590+;*+,5-9H9;,;*>+ *501i.95,>+/02+:0+.*10>+>*9>+.*>*>+,1-*>+;*+:,+392.,+;*:+/2*>*1-*+-2,-,;0+*1+:0+[8*+ 501>-9-86i+:,+n01,+;*:+C,1,:D+/0;2k1+501-918,2:,>+501302.*+>*+*>-,7:*5*+*1+:0>+18.*2,:*>+Q+,:+ A+;*:+,2-h58:0+Ve+;*+*>-*+-2,-,;0E+ QE+f,+C0.9>9i1+;*:+C,1,:+;*+<,1,.k+10+*L*58-,2k+3815901*>+?87*21,.*1-,:*>+19+50.*259,:*>D+ 50.0+>*+*>-9/8:,+*1+*:+/,2k?2,30+%+;*+*>-*+,1*T0D+>9*./2*+[8*+>*+*1-9*1;,+[8*+*::0+10+:h.9-,+ *1+.0;0+,:?810+*:+;*2*5)0+;*+:0>+W>-,;0>+I19;0>+;*+O.l295,+,+2*,:9Z,2+:,>+3815901*>+[8*+ /8*;,1+>*2+1*5*>,29,>+/,2,+*:+.,1*L0D+3815901,.9*1-0+6+.,1-*19.9*1-0+*3959*1-*>+;*:+C,1,:E+ KE+p8*;,+*1-*1;9;0+[8*+f,+C0.9>9i1+;*:+C,1,:+;*+<,1,.k+*1+*L*259590+;*+:0>+;*2*5)0>+;*+:0>+ W>-,;0>+I19;0>+;*+O.l295,+,+;929?92D+.,1*L,2+6+.,1-*1*2+*:+C,1,:+/0;2k+;*>*./*m,2+:,>+ 3815901*>+[8*D+/02+Hh,+;*+9:8>-2,59i1D+>*+;*-,::,1+*1>*?89;,X+ !,&+S92*559i1+;*+:,+*./2*>,+;*:+C,1,:+ !7&+O68;,+,+:,+1,H*?,59i1+*1+:,>+,?8,>+;*:+C,1,:+6+>8>+/20T9.9;,;*>+ !5&+C01-20:+;*:+.0H9.9*1-0+;*+1,H*>+ !;&+4815901,.9*1-0+6+.,1-*19.9*1-0+;*+:,>+*>5:8>,>+ !*&+J*2H9590+;*+2*.0:[8*+/,2,+*:+-2k1>9-0+;*+7,250>+6+;2,?,;0+*1+.8*::*>+6+ ;k2>*1,>+;*+f,+C0.9>9i1+;*:+C,1,:+;*+<,1,.k+ !3&+C01-20:+;*:+19H*:+;*:+,?8,+;*+:0>+:,?0>+O:,L8*:,+!b,;;*1&D+^,-j1+6+ b92,3:02*>+ !?&+J*2H9590+;*+(2,1>/02-*+10+50.*259,:+*1+,?8,>+;*:+C,1,:+ !)&+J*2H9590+;*+.*-*020:0?h,+*+)9;20?2,3h,+ !9&+O2[8*0+;*+1,H*>+ !L&(2,1>/02-*+6+.,1-*19.9*1-0+10+50.*259,:+;*+.0-02*>+ !G&+J*?829;,;+91;8>-29,:+.*;9,1-*+*:+-2,7,L0+;*+5*:,;02*>+ !:&C0./2,+6+,:.,5*1,L*+;*+/20H9>901*>+ !.&+(*:*50.8195,5901*>+ !1&+<20-*559i1+;*:+.*;90+,.79*1-*+/,2,+/2*H*192+6+501-20:,2+*:+;*22,.*+;*+ )9;205,27820>+6+>8>-,159,>+1059H,>+,+:,+H9;,+)8.,1,+6+,19.,:+6+,:+*[89:97290+ *50:i?950+*1+:,>+k2*,>+;*>-91,;,>+,:+3815901,.9*1-0+;*:+C,1,:+6+*1+:0>+ 301;*,;*20>+ !0&+B*/,2,59i1+10+50.*259,:+;*+7,250>+ !/&+J*2H9590+;*+,92*+,501;95901,;0+*1+:,>+91>-,:,5901*>+;*:+C,1,:+ ![&+J*2H9590+;*+>,:8729;,;+6+>,1*,.9*1-0+91;8>-29,:+ !2&+S9>*m0+;*+91?*19*2h,D+501>-28559i1+6+.,1-*19.9*1-0+;*+:,>+91>-,:,5901*>+;*+ f,+C0.9>9i1+;*:+C,1,:+;*+<,1,.k+ !>&+S2,?,;0+*1+*:+5,85*+;*:+C,1,:D+:0>+/8*2-0>+-*2.91,:*>+6+:,>+,?8,>+ ,;6,5*1-*>+ !-&+b,1-*19.9*1-0+;*+:,>+029::,>+6+501-20:+;*+:,>+:,;*2,>+;*:+C,1,:+ !8&+b,1*L0+10+50.*259,:+;*+:,+5,2?,+*1+:0>+.8*::*>+6+;k2>*1,>+;*+f,+C0.9>9i1+ ;*:+C,1,:+;*+<,1,.k+ LNg !H&+b,1-*19.9*1-0+;*+:,>+k2*,>+/j7:95,>+;*+f,+C0.9>9i1+;*:+C,1,:+;*+<,1,.k+ 50.0+:0>+/,2[8*>+6+L,2;91*>+ !=&+^*1*2,59i1+;*+*1*2?h,+*:l5-295,+ !T&+<0-,79:9Z,59i1+6+>8.919>-20+;*+,?8,+ !6&+J,:H,.*1-0+.,2910+*1+,?8,>+;*:+C,1,:+ !Z&+f,>+3815901*>+[8*+>*,1+1*5*>,29,>+0+,/20/9,;,>+/,2,+2*,:9Z,2D+;*+ 501302.9;,;+501+*>-*+-2,-,;0+6+>8>+,58*2;0>+501*T0>D+:0>+;*2*5)0>+6+ 2*>/01>,79:9;,;*>+;*+:0>+W>-,;0>+I19;0>+;*+O.l295,+501+2*:,59i1+,:+.,1*L0D+ 3815901,.9*1-0+6+.,1-*19.9*1-0+;*:+C,1,:E %E+f,>+>9?89*1-*>+,5-9H9;,;*>+6+3815901*>+;*>*./*m,;,>+/02+:,+C0./,mh,+;*:+C,1,:+;*+<,1,.k+ 6+*:+^079*210+;*+:,+n01,+;*:+C,1,:+10+>*2k1+;*>*./*m,;,>+/02+f,+C0.9>9i1+;*:+C,1,:+;*+ <,1,.k+*1+:,>+3*5),>+91;95,;,>+,+501-918,59i1X+ !,&+W1+:,+3*5),+;*+*1-2,;,+*1+H9?02+;*+*>-*+-2,-,;0X+ !9&+++f,>+H*1-,>+,:+/02+.,602+6+,:+/02+.*102+*1+50.9>,29,-0>D+ .*25,;0>D+,:.,5*1*>D+-9*1;,>+;*+,2-h58:0>++i/-950>+6+/,1,;*2h,>c+ !99&++f,+*:,702,59i1+;*+,:9.*1-0>+6+7*79;,>D+915:8>0+:,+;*+/20;85-0>+ :k5-*0>+6+:,>+/,>-*:*2h,>c+ !99h&++f,+0/*2,59i1+;*+2*>-,82,1-*>+6+5,3*-*2h,>+/j7:950>+6+:,>+H*1-,>+ ;*+,2-h58:0>+.*;9,1-*+.k[891,>+,8-0.k-95,>c+ !9H&+f,+0/*2,59i1+;*+591*.,-i?2,30>D+70:*2,>D+79::,2*>+6+0-2,>+ 91>-,:,5901*>+;*+;9H*2>9i1+6+2*52*0+5860+,55*>0+0+8>0+*>-l+>8L*-0+,+ /,?0c+ !H&++f,>+0/*2,5901*>+;*+:,H,1;*2h,>+6+-91-02*2h,>+[8*+10+3815901*1+ /,2,+8>0>+03959,:*>D+ !H9&+f,+2*/,2,59i1+6+*:+>*2H9590+;*+,8-0.iH9:*>+;*+/20/9*;,;+/,2-958:,2+ 0+:,+H*1-,+;*+/*-2i:*0+0+:87295,1-*>+915:8>0+:,+0/*2,59i1+;*+ ?,>0:91*2,>+6+?,2,L*>+;*+2*/,2,5901*>D+91>-,:,5901*>+/,2,+:,++ 2*/,2,59i1+0+*:+2**15,85)*D+;*+1*8.k-950>+6+:,+2*/,2,59i1+6+>*2H9590+ ;*+0-20>+79*1*>+;*+/20/9*;,;+/,2-958:,2D+915:8>0+,/,2,-0>+ *:*5-20;0.l>-950>+6+*:*5-2i1950>D+:,15),>D+.0-02*>+6+.8*7:*>c+ !H99&++f,+0/*2,59i1+;*+/:,1-,>+;*+2*329?*2,59i1+6+501?*:,.9*1-0+[8*+10+ 3815901*1+/,2,+8>0>+03959,:*>c+ !H999&+f,+0/*2,59i1+;*+;*/i>9-0>+;*+5,2?,+[8*+10+3815901*1+/,2,+8>0>+ 03959,:*>c+ !9T&++f0>+>*2H9590>+6+,7,>-*59.9*1-0>+50.*259,:*>+/,2,+*.7,25,5901*>+ ;*+/20/9*;,;+6+8>0+/,2-958:,2D+915:8>0+:,+501>-28559i1+;*+1,H*>D+:,+ H*1-,+;*+/*-2i:*0+6+:87295,1-*>+6+*:+>8.919>-20+;*+,?8,D+,>h++50.0+*:+ >8.919>-20+;*+>*2H9590>+;*+2*.0:[8*+10+2*:,5901,;0>+501+*:+C,1,:+8+ 0-2,>+0/*2,5901*>+;*:+^079*210+;*+:0>+W>-,;0>+I19;0>+;*+O.l295,+6+:,+ 2*/,2,59i1+;*+-,:*>+*.7,25,5901*>+/,2-958:,2*>++>,:H0+58,1;0+l>-,+ 38*2*+1*5*>,29,+/,2,+2*.0H*2+;*:+C,1,:+1,H*>+,H*29,;,>c+ !T&+++f0>+>*2H9590>+;*+9./2*1-,+10+03959,:*>c+ !T9&++W:+-2,1>/02-*+.,2h-9.0+/,2,+8>0+/j7:950c+ !T99&++J*2H9590>+.l;950>+6+;*+>,:8;+>8.919>-2,;0>+,++/,2-958:,2*>D+ 915:86*1;0+*:+;*+:0>+)0>/9-,:*>D+:*/20>0290>D+H*-*291,290>+6+:0>+ >*2H9590>+.02-80290>+6++;*+5*.*1-*290>c+ !T999&+J*2H9590>+*;85,-9H0>+[8*+10+38*2*1+/,2,+302.,59i1+/203*>901,:D+ 915:8>0+*>58*:,>+6+797:90-*5,>c+ !T9H&+f0>+>*2H9590>+/0>-,:*>c+ !TH&+f0>+501-20:*>+;*+91.9?2,59i1D+,;8,1,>+6+58,2*1-*1,D+501+ *T5:8>9i1+;*+:,>+.*;9;,>+1*5*>,29,>+/,2,+,>*?82,2+*:+>,1*,.9*1-0+;*:+ C,1,:c+ !TH9&+f0>+>*2H9590>+50.*259,:*>+;*+.8*::*>+6+;k2>*1,>+501+*:+.,1*L0+ ;*+5,2?,+6+/,>,L*20>c+ !TH99&(0;,+0-2,+,5-9H9;,;+50.*259,:+;*+1,-82,:*Z,+>*.*L,1-*+10+ 2*:,5901,;,+501+*:+.,1*L0D+0/*2,59i1+6+.,1-*19.9*1-0+;*:+C,1,:E !7&+S*1-20+;*+:0>+-2*91-,+.*>*>+5,:*1;,290>+>9?89*1-*>+,+:,+3*5),+;*+*1-2,;,+ *1+H9?02+;*+*>-*+-2,-,;0D+:,>+ LNs ++++++3815901*>+?87*21,.*1-,:*>+-,:*>+50.0X+ ++ !9&+W:+>*2H9590+;*+<0:95h,+ !99&+f,+O;.919>-2,59i1+;*+Y8>-959,D+6+ !999&+W:+>9>-*.,+5,25*:,290 RE+!,&+C01+2*:,59i1+,+:,>+,5-9H9;,;*>+0+3815901*>+>*m,:,;,>+*1+*:+/,2k?2,30+%+,1-*2902D+0+;*+ 0-20+.0;0+501H*19;,>+/02+:,>+;0>+<,2-*>D+:,>+58,:*>+,>8.92k1+:,+B*/j7:95,+;*+<,1,.k+0+ /,2-958:,2*>+>8L*-0>+,+>8+,8-029;,;D+,.7,>+<,2-*>D++>*+501>8:-,2k1D+,1-*>+[8*+f,+C0.9>9i1+;*:+ C,1,:+;*+<,1,.k+>8>/*1;,+*:+*L*259590+;*+;95),>+,5-9H9;,;*>+0+3815901*>D+/,2,+5015*2-,2+ ,22*?:0>+,;*58,;0>+,+:,+-2,1>3*2*159,+02;*1,;,+6+501;8559i1+*3959*1-*+6+501-918,+;*++:,>+ ,5-9H9;,;*>+6+3815901*>+.*15901,;,>E+ !7&+W1+5,>0+;*+[8*+10+/8;9*2*1+),5*2>*+:0>+,22*?:0>+,;*58,;0>+/,2,+,>*?82,2+*:+ 3815901,.9*1-0+501-9180+;*+;*-*2.91,;,+,5-9H9;,;+0+38159i1D+91;95,;,+*1+*:+/,2k?2,30+%+ ,1-*2902D+[8*+>*,+1*5*>,29,+/,2,+*:+.,1*L0D++3815901,.9*1-0+6+.,1-*19.9*1-0+*3959*1-*>+;*:+ C,1,:D+f,+C0.9>9i1+;*:+C,1,:+;*+<,1,.k+*1+58,1-0+*::0+38*2*+501>9>-*1-*+501+:,>+;*.k>+ ;9>/0>95901*>+;*+*>-*+-2,-,;0+6+,58*2;0>+501*T0>+/0;2k+501-918,2+-,:+,5-9H9;,;+0+38159i1+ ),>-,+58,1;0+;95)0>+,58*2;0>+/8*;,1+5015*2-,2>*E+ !(H!&(%"C#"'T!&4%/7#&#R&H7!H!T%+ T#R&(!"!R&T#&>!"!Q! "E+C01+2*3*2*159,+,:+/,2k?2,30+"+!5&+;*:+,2-h58:0+VD+[8*;,+*1-*1;9;0+[8*+:0>+-2,-,;0>D+ 501H*15901*>D+,58*2;0>+6+5,1L*>+;*+10-,>D+0+/,2-*>+;*+:0>+.9>.0>D+[8*+[8*;,1+,720?,;0>+6+ >8>-9-89;0>+/02+H92-8;+;*:+.9>.0+915:86*1X+ ++++++++++++++++++++!,&+W:+C01H*190+[8*+>*m,:,+:0>+:91;*20>+;*+:,+n01,+;*:+C,1,:+,:+58,:+>*+2*39*2*+*:+ ,2-958:0+""+;*+:,+C01H*159i1++;*:+C,1,:+V>-.950+;*+"@+;*+10H9*.72*+;*+"#$KD+>8>529-0+*1+ <,1,.k+*:+"R+;*+L8190+;*"#$%E+ ++++++++++++++++++++!7&+f,+C01H*159i1+;*+fh.9-*>+>8>529-,+*1+<,1,.k+*:+Q+;*+>*/-9*.72*+;*+"#"%E+ ++++++++++++++++++++!5&+f,+C01H*159i1+>072*+*:+C022*;02+;*+C0:i1+6+59*2-0>+0-20>+5022*;02*>+,+-2,Hl>+ ;*+:,+n01,+;*:+C,1,:D+++++++++>8>529-,+*1+<,1,.k+*:+Q%+;*+.,60+;*+"#R$E+ ++++++++++++++++++++!;&+f,+C01H*159i1+J072*+C,22*-*2,+(2,1>h>-.95,+>8>529-,+*1+F,>)91?-01+*:++Q+;*+ .,2Z0+;*+"#KUD+*:+O58*2;0+B*:,-9H0+,+:,+C01>-28559i1+;*+:,++C,22*-*2,+(2,1>h>->.95,+ 5*:*72,;0+.*;9,1-*+5,1L*+;*+10-,>+>8>529-0+*1++F,>)91?-01+*:+K"+;*+,?0>-0+6+*:+U+;*+ >*/-9*.72*+;*+"#%$D+6+*:+,22*?:0++*1-2*+<,1,.k+6+:0>+W>-,;0>+I19;0>+;*qO.l295,+2*:,-9H0+,+:,+ Y81-,++b9T-,+;*+:,+C,22*-*2,+(2,1>h>-.95,D+5*:*72,;0+.*;9,1-*+5,1L*+;*+10-,>++*1+<,1,.k+*:+ "#D+6+*:+QK+;*+05-872*+;*+"#K#E+ +++++++++++++++++++++!*&+f,+C01H*159i1+J072*+C,22*-*2,>+*1-2*+<,1,.k+6+:0>+W>-,;0>+I19;0>+;*++ O.l295,+>8>529-,+*1+<,1,.k+*:+"%+;*+>*/-9*.72*+;*+"#R$E+ +++++++++++++++++++++!3&+W:+C01H*190+[8*+2*?:,.*1-,+*:+-2k1>9-0+;*+:9502*>+*.729,?,1-*>+/02+:,++n01,+ ;*:+C,1,:+>8>529-0+*1+<,1,.k+*:+"%+;*+.,2Z0+;*+"#KQE+ +++++++++++++++++++++!?&+W:+<20-050:0+;*+81+C01H*190+.*;9,1-*+*:+58,:+>*+2*>-291?*+*:+8>0+;*++:,>+ ,?8,>+;*+<,1,.k+6+:,+n01,+;*:+C,1,:+/02+7*:9?*2,1-*>D+>8>529-0+*1+F,>)91?-01+*:+"$+;*+ 05-872*+;*+"#"%E+ +++++++++++++++++++++!)&+W:+O58*2;0+[8*+;9>/01*+*:+2*501059.9*1-0+2*5h/2050+;*+:,>+/:,5,>+/,2,++ H*)h58:0>+,+.0-02+*1+<,1,.k+6+:,+n01,+;*:+C,1,:+5*:*72,;0+.*;9,1-*++5,1L*+;*+10-,>+*1+ <,1,.k+*:+A+;*+;959*.72*+6+*:+"Q+;*+;959*.72*+;*+"#R$D+6+*:+O58*2;0+[8*+*>-,7:*5*+:0>+ /205*;9.9*1-0>+/,2,+*:++2*501059.9*1-0+2*5h/2050+;*+:,>+:95*159,>+;*+.,1*L0+;*+H*)h58:0>+,++ .0-02+*1+<,1,.k+6+:,+n01,+;*:+C,1,:D+5*:*72,;0+.*;9,1-*+5,1L*+;*++10-,>+*1+<,1,.k+*:+K"+ ;*+05-872*+;*+"#U$E+ +++++++++++++++++++++!9&++W:+O58*2;0+>072*+B*:,5901*>+^*1*2,:*>+5*:*72,;0+.*;9,1-*+5,1L*+;*++10-,>+ *1+F,>)91?-01+*:+"@+;*+.,60+;*+"#%QE+ ++++C8,:[89*2+0-20+-2,-,;0D+501H*159i1D+,58*2;0+0+5,1L*+;*+10-,>+*1-2*+:,+B*/j7:95,+;*+ <,1,.k+6+:0>+W>-,;0>+I19;0>+0+/,2-*>+;*+:0>+.9>.0>D+2*3*2*1-*>+,:+C,1,:+;*+<,1,.k+[8*+),6,+ >9;0+5*:*72,;0+501+,1-*29029;,;+,+:,+*1-2,;,+*1+H9?02+;*:+(2,-,;0+;*:+C,1,:+;*+<,1,.kE+ ++++QE+p8*;,+*1-*1;9;0D+,;*.k>D+[8*+10+[8*;,1+,3*5-,;0>+/02+*:+/k22,30+"+;*:+,2-h58:0+"+;*:+ (2,-,;0+;*:+C,1,:+;*+<,1,.k+:0>+>9?89*1-*>+-2,-,;0>D+501H*15901*>D+,58*2;0>+6+5,1L*>+;*+ 10-,>+*1-2*+:,>+<,2-*>X+ LfK !,&+W:+O58*2;0+.*;9,1-*+*:+58,:+>*+501392.,+*:+O58*2;0+;*+C00/*2,59i1++*1-2*+ *:+b919>-*290+;*+O?2958:-82,+6+^,1,;*2h,+;*+:,+B*/j7:95,+;*++<,1,.k+6+*:+ S*/,2-,.*1-0+;*+O?2958:-82,+;*+:0>+W>-,;0>+I19;0>+/,2,+:,+/2*H*159i1+;*+:,+ 39*72*+,3-0>,+6+:,+/*>-*+70H91,+*1+<,1,.kD++5015*2-,;0+.*;9,1-*+81+5,1L*+;*+ 10-,>D++392.,;0+*1+<,1,.k+*:+Q"++;*+L8190+6+*:+R+;*+05-872*+;*+"#AQD+6+ *1.*1;,;0+*:+Q@+;*+.,60+6+*:++"Q+;*+L8190+;*+"#A%E+ !7&+W:+O58*2;0+;*+<2l>-,.0>+/,2,+,68;,2+,+<,1,.k+,+/01*2+*1+/2k5-95,++ /20?2,.,>+;*+.*25,;*0+/j7:950+*1+:0+[8*+>*+2*39*2*+,+5*2*,:*>++6+79*1*>+ /*2*5*;*20>+7k>950>D+501+,1*T0D+392.,;0+*1+<,1,.k+*:+"$+;*+>*/-9*.72*+;*+ "#ARE+ !5&+W:+O58*2;0+2*:,5901,;0+501+:,+2*?8:,59i1+;*+:,+,H9,59i1+50.*259,:+*1++:,+ B*/j7:95,+;*+<,1,.kD+5015*2-,;0+.*;9,1-*+81+5,1L*+;*+10-,>D++392.,;0+*1+ <,1,.k+*:+QQ+;*+,729:+;*+"#Q#E+ !;&+W:+C01H*190+;*+OH9,59i1+C9H9:+392.,;0+*1+<,1,.k+*:+K"+;*+.,2Z0+;*+"#%#+6+ *1.*1;,;0+*:+Q#+;*+.,60+6+*:+K+;*+L8190+;*+"#RQD+*:+R+;*++L8190+;*+"#UAD+*:+ QK+;*+;959*.72*+;*+"#A%D+6+*:+U+;*+.,2Z0+;*+"#ARE+ !*&+W:+O58*2;0+2*:,5901,;0+501+*:+*>-,7:*59.9*1-0+;*+81,+039591,++2*?901,:+*1+ <,1,.k+/,2,+81+?28/0+;*+,68;,+-l5195,+*1+.,-*29,+;*++,H9,59i1+59H9:D+/,2,+*:+ k2*,+f,-910,.*295,1,D+5015*2-,;0++.*;9,1-*+81+5,1L*+;*+10-,>D+392.,;0+*1+ <,1,.k+*:+@+;*+,?0>-0+;*++"#RQE+ !3&+W:+O58*2;0+2*:,5901,;0+501+*:+>8.919>-20+/02+:,+O?*159,+4*;*2,:+;*+ OH9,59i1+;*+59*2-0>+.,-*29,:*>+6+>*2H9590>+;*:+-9/0+;*+,68;,+,+:,++ ,*201,H*?,59i1D+5015*2-,;0+.*;9,1-*+81+5,1L*+;*+10-,>D+392.,;0+*1+<,1,.k+ *:+R+;*+;959*.72*+;*+"#UA+6+*:+QQ+;*+3*72*20+;*+"#U@E+ !?&+f,+S*5:,2,59i1+/02+:,+58,:+>*+/*2.9-*+,+:0>+5i1>8:*>+-0.,2+10-,+*1++ /*2>01,D+0+/02+.*;90+;*+>8>+2*/2*>*1-,1-*>+,8-029Z,;0>D+;*++;*5:,2,5901*>+;*+ H,:02*>+;*+*T/02-,5901*>+)*5),>+/02+*.7,25,;02*>+,1-*+3815901,290>+;*+ ,;8,1,>D+5015*2-,;,+.*;9,1-*+81+5,1L*+;*++10-,>D+392.,;0+*1+F,>)91?-01+*:+ "A+;*++,729:+;*+"#"KE+ !)&+W:+O58*2;0+2*:,5901,;0+501+:,+5015*>9i1+;*+/29H9:*?90>+,2,15*:,290>++,+ 3815901,290>+501>8:,2*>D+5015*2-,;0+.*;9,1-*+81+5,1L*+;*+10-,>D++392.,;0+*1+ <,1,.k+*:+A+6+*:+K"+;*+*1*20+;*+"#KRE+ !9&+W:+O58*2;0+2*:,5901,;0+501+:,+H*1-,,:+^079*210+;*+<,1,.k+;*+*[89/0++ .9:9-,2D+.,-*29,:*>+6+>*2H9590>D+5015*2-,;0+.*;9,1-*+81+5,1L*+;*++10-,>DD+ 392.,;0+*1+<,1,.k+*:+Q$+;*+.,60+;*+"#R#E+ !L&+W:+O58*2;0+2*:,5901,;0+501+*:+>8.919>-20+;*+.,-*29,:*>+6+>*2H9590>++ .9:9-,2*>+,+<,1,.k+501+*:+391+;*+501-297892+,+>8+>*?829;,;+91-*21,D++ 5015*2-,;0+.*;9,1-*+81+5,1L*+;*+10-,>D+392.,;0+*1+<,1,.k+*:+QU+;*+.,2Z0+6+ *:EQK+;*+.,60+;*+"#UQE+ !G&+W:+O58*2;0+2*:,5901,;0+501+*:+;*/i>9-0D+/02+/,2-*+;*:+^079*210+;*++ <,1,.kD+;*:+"+$o+;*:+H,:02+;*+:,+,68;,+.9:9-,2+5015*;9;,+6++*T5*;*1-*>+;*+ ,2-h58:0>+;*+;*3*1>,+>8.919>-2,;0>+/02+:0>+W>-,;0>+I19;0>D+5015*2-,;0+ .*;9,1-*+81+5,1L*++;*+10-,>D+392.,;0+*1+<,1,.k+*:+%+;*+,729:+6+*:+#+;*+.,60+ ;+*+"#AQE+ !:&++W:+O58*2;0+2*:,5901,;0+501+*:+/,?0+,+:0>+W>-,;0>+I19;0>+;*:+/20;85-0+1*-0+ ;*29H,;0+;*+:,+H*1-,+;*+,2-h58:0>+.9:9-,2*>+>8.919>-2,;0>+*1+H92-8;+;*:+ /20?2,.,+;*+,68;,+.9:9-,2D+5015*2-,;0+.*;9,1-*+81+5,1L*+;*+10-,>D+392.,;0+ *1+<,1,.k+*:+Q$+;*+.,60+6+*:+U+;*+;959*.72*+;*+"#A%E+ !.&+W:+O58*2;0+^*1*2,:+>072*+C00/*2,59i1+(l5195,+6+W501i.95,D+392.,;0+*1+ <,1,.k+*:+""+;*+;959*.72*+;*+"#U"E+ !1&+W:+O58*2;0+>072*+<2l>-,.0>+2*:,5901,;0+501+*:+>9>-*.,+;*+,7,>-*59.9*1-0+ ;*+,?8,+/0-,7:*+,+:,+598;,;+;*+<,1,.k+501+,1*T0D+392.,;0+*1+<,1,.k+*:+U+;*+ .,60+;*+"#U#+6+*1.*1;,;0+*:+K$+;*+>*/-9*.72*+;*"#A"E+ !0&+W:+O58*2;0+>072*+<2l>-,.0>+/,2,+*:+;*>,220::0+.81959/,:+282,:+*1+<,1,.kD+ 392.,;0+*1+<,1,.k+*:+Q@+;*+10H9*.72*+;*+"#ARE+ !/&+W:+O58*2;0+>072*+<2l>-,.0>+2*:,5901,;0+501+81+/206*5-0+/,2,+:,+ .0;*219Z,59i1D+2**>-285-82,59i1+6+2*029*1-,59i1+;*+:0>+/20?2,.,>+*;85,-9H0>+ ;*+<,1,.kD+392.,;0+*1+<,1,.k+*:+"#+;*+10H9*.72*+;*+"#ARD+ ![&+W:++(2,-,;0+>072*+*T-2,;959i1+;*+/*2>01,>+,58>,;,>+;*+;*:9-0>D+392.,;0+*1+ <,1,.k+*:+QR+;*+.,60+;*"#$%E+ LfL !2&+W:+O58*2;0+2*:,-9H0+,+:,+,58m,59i1+/02+:,+B*/j7:95,+;*+<,1,.k+;*+.01*;,+ 32,55901,29,+;*+/:,-,+6+,+>8+++++582>0+:*?,:D+5015*2-,;0+.*;9,1-*+81+5,1L*+;*+ 10-,>+392.,;,>+*1+F,>)91?-01+6+P8*H,+g02G+*:+Q$+;*+L8190+;*+"#$%D+6+ .0;9395,;0+*:+QU+;*+.,2Z0+6+*:+Q+;*+,729:+;*+"#K$D+*"+Q@+;*+.,60+6+*:+U+;*+ L8190+;*+"#K"D+*:+Q+;*+.,2Z0+;*+"#KUD+*:+"A+;*+L8190+;*+"#%UD+*:+#+6+*:+Q%+;*+ .,60+;*+"#R$D+*:+""+;*+>*/-9*.72*+6+*:+QQ+;*+05-872*+;*+"#RKD+*:+QK+;*+ ,?0>-0+6+*:+QR+;*+05-872*+;*+"#U"D+6+*:+QU+;*+>*/-9*.72*+6+*:+QK+;*+05-872*+ ;*+"#UQE+ +!>&+W:+O58*2;0+/,2,+:,+,./:9,59i1+6+8>0+/02+:,+n01,+;*:+C,1,:+;*+81+>9>-*.,+ ;*:+,:5,1-,29::,;0+*1+*:+O2*,+;*+:,+n01,+f972*+;*+C0:01D+5015*2-,;0+.*;9,1-*+ 81+5,1L*+;*+10-,>D+392.,;0+*1+<,1,.k+*:+@+6+*:+QR+;*+.,2Z0+;*+"#R%E+ !-&+W:+O58*2;0+2*:,5901,;0+501+:,+501>-28559i1+;*+:,+C,22*-*2,+ V1-*2,.*295,1,D+5*:*72,;0+.*;9,1-*+81+5,1L*+;*+10-,>D+392.,;0+*1+<,1,.k+*:+ "R+;*+.,60+6+*:+A+;*+L8190+;*+"#%KE+ !8&+W:+O58*2;0+;*+500/*2,59i1+*1+:,+501>-28559i1+;*+:,+/0259i1+*1+<,1,.k+;*+ :,+5,22*-*2,+;*:+(,/i1+;*:+S,29l1D+392.,;0+*1+F,>)91?-01+*:+U+;*+.,60+;*+ "#A"E+ !H&+W:+O58*2;0+2*:,5901,;0+501+:,>+?,2,1-h,>+;*+91H*2>9i1+;*+501302.9;,;+501+ :,+J*559i1+%"K!7&+!%&+;*+:,+f*6+;*+J*?829;,;+b8-8,+;*+"#R%D+50.0+),+>9;0+ 2*302.,;,D+5*:*72,;0+.*;9,1-*+81+5,1L*+;*+10-,>D++392.,;0+*1+F,>)91?-01+*:+ QK+;*+*1*20+;*+"#U"E+ !=&W:+O22*?:0+V1302.,:+2*:,5901,;0+501+:,+500/*2,59i1+*1-2*+:,+W.7,L,;,+0+*:+ C01>8:,;0+;*+:0>+W>-,;0>+I19;0>+6+:,>+,8-029;,;*>+/,1,.*m,>+*1+:0>+5,>0>+*1+ [8*+-29/8:,1-*>+;*+:,+.,291,+.*25,1-*+0+-829>-,>+102-*,.*295,10>+38*2*1+ ::*H,;0>+,1-*+81+-29781,:+;*+L8>-959,D+5*:*72,;0+.*;9,1-*+81+5,1L*+;*+10-,>D+ 392.,;0+*1+<,1,.k+*:+"@+;*+>*/-9*.72*+6+*:+"R+;*+05-872*+;*+"#%AE+ !T&+W:+O58*2;0+2*:,5901,;0+501+*:+2*501059.9*1-0+2*5h/2050+;*+5*2-9395,;0>+;*+ ,2[8*0+;*:+-01*:,L*+;*+:,>+1,H*>D+5015*2-,;0+.*;9,1-*+81+5,1L*+;*+10-,>D+ 392.,;0+*1+F,>)91?-01+*:+"A+;*+,?0>-0+;*+"#KAD+ !6&+W:+O58*2;0+2*:,5901,;0+501+:,+,>9?1,59i1+;*+81+03959,:+.9:9-,2+/,2,+,5-8,2+ 50.0+,>*>02+;*:+b919>-20+;*+B*:,5901*>+WT-*2902*>+;*+<,1,.kD+392.,;0+*1+ F,>)91?-01+*:+A+;*+L8:90+;*+"#%QD+6+/20220?,;0+6+.0;9395,;0+*:+"A+;*+3*72*20D+ *:+QK+;*+.,2Z0D+*:+QQ+;*+>*/-9*.72*D+*:+U+;*+10H9*.72*+;*+"#R#D+*:+QU+;*+ .,2Z0D+*:+U+;*L8:90+;*+"#UQD+*:+Q$+;*+>*/-9*.72*+6+*:+@+;*+05-872*+;*+"#UQE+ !Z&+W:+O58*2;0+2*:,5901,;0+501+*:+91-*25,.790+;*+<87:95,5901*>+03959,:*>D+ 5015*2-,;0+.*;9,1-*+81+5,1L*+;*+10-,>D+392.,;0+*1+<,1,.k+*:+QA+;*+ 10H9*.72*+;*+"#%"+6+*:+A+;*+.,2Z0+;*+"#%QE+ ++ !,,&+f,+C01H*159i1+/,2,+:,+<2*H*159i1+;*:+C01-2,7,1;0+;*+_*79;,>+ O:50)i:95,>D+392.,;,+*1++F,>)91?-01+*:+U+;*L8190+;*+"#Q%E+ !77&+W:+O22*?:0+[8*+;9>/01*+:,+*T*159i1+;*+;07:*+-2978:,59i1+;*:+ 9./8*>-0+>072*+:,+2*1-,+*1+2*:,59i1++501+:,>+,5-9H9;,;*>+1,H9*2,>D+ 5*:*72,;0+.*;9,1-*+81+5,1L*+;*+10-,>D+392.,;0+*1+F,>)91?-01+*:+"R+ ;*+*1*20D+*:+@+;*+3*72*20+6+*:+Q@+;*+.,2Z0+;*+"#%"E+ !55&+W:+O58*2;0+>072*+:,+2*-*159i1+;*:+9./8*>-0+>072*+:,+2*1-,+;*+:,+ B*/j7:95,+;*+<,1,.kD+;*29H,;0+;*+2*.81*2,5901*>+/,?,;,>+,+ /,1,.*m0>+*./:*,;0>+*1+:,+n01,+;*:+C,1,:+*1+*:+5,1,:D+*:++3*2205,229:+ 8+072,>+,8T9:9,2*>D+5*:*72,;0+.*;9,1-*+81+5,1L*+;*+10-,>D+392.,;0+*1+ <,1,.k+*:+"Q+6+*:+K$+;*+,?0>-0+;*+"#UKE+ !;;&+W:+O58*2;0+2*:,5901,;0+501+:,+2*-*159i1+;*:+9./8*>-0+;*+>*?820+ *;85,-9H0+>072*+:0>+>,:,290>+/,?,;0>+,+;*-*2.91,;0>+*./:*,;0>+;*+:,+ n01,+;*:+C,1,:D+5*:*72,;0+.*;9,1-*+81+5,1L*+;*+10-,>D+392.,;0+*1+ <,1,.k+*:+@+;*+>*/-9*.72*+6+*:+"K+;*+05-872*+;*+"#AQE+ !**&+W:+O58*2;0+2*:,5901,;0+501+:,>+50.8195,5901*>+/02+2,;90+*1-2*+ *>-,5901*>+;*+,395901,;0>+*1+10.72*+;*+-*25*2,>+/*2>01,>D+5*:*72,;0+ .*;9,1-*+81+5,1L*+;*+10-,>D+392.,;0+*1+<,1,.k+*:+"#+;*+L8:90+6+*:+ "0E+;*+,?0>-0+;*+"#RUE+ !33&+++W:+O58*2;0+2*:,5901,;0+501+*:+0-02?,.9*1-0+;*+,8-029Z,5901*>+ 2*5h/205,>+[8*+/*2.9-*1+,+:0>+2,;90,395901,;0>+;*+58,:[89*2,+;*+:0>+ ;0>+/,9>*>+0/*2,2+>8>+*>-,5901*>+;*+2,;90+*1+*:+0-20+/,h>D+5*:*72,;0+ LfJ .*;9,1-*+81+5,1L*+;*+10-,>D+392.,;0+*1+<,1,.k+*:+"U+;*+10H9*.72*+ ;*+"#UUE+ !??&++f,+C01H*159i1+.*;9,1-*+:,+58,:+>*+3,59:9-,+:,+:,702+;*+:0>+ ,?*1-*>+H9,L*20>D+392.,;0+*1+F,>)91?-01++*:+@+;*+3*72*20+;*+"#"#E+ !))&++W:+O58*2;0+B*5h/2050+>072*+H9>,>+?2,-9>+/,2,+10+91.9?2,1-*>D+ 5*:*72,;0+.*;9,1-*+81+5,1L*+;*+10-,>D+392.,;0+*1+<,1,.k+*:+QA+;*+ .,2Z0D+*:+QQ+6+QR+;*+.,60+;*+"#RUE+ !99&++++W:+O58*2;0+.*;9,1-*+*:+58,:+>*+.0;9395,+*:+O58*2;0+;*:+QA+;*+ .,2Z0+6+;*:+QQ+6+QU+;*+.,60+;*"#RU+>072*+:,>+H9>,>+?2,-9>+/,2,+10+ 91.9?2,1-*>D+5*:*72,;0+.*;9,1-*+81+5,1L*+;*+10-,>D+392.,;0+*1+ <,1,.k+*:+"%+6+*:+"A+;*+L8190+;*+"#A"E+ !LL&++++C8,:[89*2+0-20+-2,-,;0D+501H*190D+,58*2;0+0+5,1L*+;*+10-,>D+0+ /,2-*>+;*+:0>+.9>.0>D+[8*+10+50159*21,1+,:+C,1,:+;*+<,1,.k+6+[8*+ *>-8H9*2*1+*1+H9?02+91.*;9,-,.*1-*+,1-*>+;*+:,+*1-2,;,+*1+H9?*159,+ ;*:+(2,-,;0+;*:+C,1,:+;*+<,1,.kE KEC01+2*:,59i1+,:+/k22,30+Q+;*:+O2-h58:0+e+5015*219*1-*+,:+/20/i>9-0+;*+,>*?82,2+[8*+*:+ 1j.*20+;*+1,5901,:*>+/,1,.*m0>+*./:*,;0>+*1+2*:,59i1+,:+1j.*20+-0-,:+;*+*./:*,;0>+>*+ ,L8>-,2k+,+:,+/20/0259i1+*>-,7:*59;,+>*?j1+:,+:*6+/,1,.*m,+/,2,+*./2*>,>+*T-2,1L*2,>D+>*+ 2*50105*+[8*+*:+/20?2*>0+*1+*>-*+>*1-9;0+/8*;*+2*[8*292+81+/*2h0;0+/20:01?,;0+5i1>010+501+ *:+5015*/-0+;*+81,+/,2-959/,59i1+/,1,.*m,+52*59*1-*+6+02;*1,;,D+.*;9,1-*+/20?2,.,>+;*+ ,;9*>-2,.9*1-0+6+;*+0-20+.0;0+6+[8*+*:+/20?2*>0+/8*;*+>*2+,3*5-,;0+;*+-9*./0+*1+-9*./0+/02+ ,55901*>+-,:*>+50.0+:,+-2,1>3*2*159,+0+;*>501-918,59i1+;*+3815901*>+6+,5-9H9;,;*>E+ %E+C01+2*:,59i1+,:+/k22,30+"$+!,&+;*:+,2-h58:0+eD+[8*;,+*1-*1;9;0+[8*+:,+:*6+;*+W>-,;0>+I19;0>+ ,5-8,:.*1-*+,/:95,7:*+*>+:,+501-*19;,+*1+*:+,2-h58:0+@KKU+;*:+-h-8:0+R+;*:+Ci;9?0+;*+W>-,;0>+ I19;0>E+ RE+C01+2*:,59i1E+,:+/k22,30+Q+;*:+,2-h58:0+eVD+:,>+k2*,>+*+91>-,:,5901*>+*1+:,>+58,:*>+>*2k1+ ,/:95,7:*>+:0>+,22*?:0>+L829>;955901,:*>+,::h+;*>529-0>+;82,1-*+*:+/*2h0;0+;*+-2,1>959i1D+>01+:,>+ >9?89*1-*>X+ !,&+f,>+k2*,>+;*+3815901,.9*1-0+;*:+C,1,:+6+:,>+k2*,>+;*+H9H9*1;,>+;*>529-,>+ *1+*:+O1*T0+O+;*:+O58*2;0+/,2,+:,+WL*5859i1+;*:+O2-h58:0+VVV+;*:+(2,-,;0+;*:+ C,1,:+;*+<,1,.kE+ !7&+f0>+J9-90>+;*+S*3*1>,+6+:,>+O2*,>+;*+C002;91,59i1+b9:9-,2+;*>529-,>+*1+*:+ O58*2;0+/,2,+:,+WL*5859i1+;*:+O2-h58:0+Va+;*:+(2,-,;0+;*:+C,1,:+;*+<,1,.kE+ !5&+f0>+/8*2-0>+;*+_,:70,+6+C29>-i7,:+;*>529-0>+*1+*:+O1*T0+_+;*:+O58*2;0+/,2,+ :,+WL*5859i1+;*:+O2-h58:0+VVV+;*:+(2,-,;0+;*:+C,1,:+;*+<,1,.kE UE+C01+2*:,59i1+,:+/k22,30+%+;*:+,2-h58:0+eVD+:,>+k2*,>+*1+:,>+58,:*>+:,>+,8-029;,;*>+/0:959,:*>+ ;*+:,+B*/j7:95,+;*+<,1,.k+/0;2k1+2*,:9Z,2+/,-28::,>*>+/0:959,:*>+501L81-0>+501+:,>+ ,8-029;,;*>+/0:959,:*>+;*+:0>+W>-,;0>+I19;0>+;*+O.l295,+;82,1-*+*:+/*2h0;0+;*+-2,1>959i1+>01+ :,>+>9?89*1-*>X+ !,&+f,>+/,2-*>+;*+:,>+k2*,>+;*+3815901,.9*1-0+;*:+C,1,:+,79*2-,>+,:+/j7:950+*1+ ?*1*2,:D+:,>+k2*,>+;*+H9H9*1;,>+6+:,>+<8*2-0>+;*+_,:70,+6+C29>-07,:E+ !7&+f,>+k2*,>+;*+5002;91,59i1+.9:9-,2+*1+:,>+58,:*>+>*+*>-,7:*5*1+/,-28::,>*>+ /0:959,:*>+501L81-0>+;*+501302.9;,;+501+:,>+;9>/0>95901*>+;*:+O58*2;0+/,2,+:,+ WL*585901+;*:+O2-h58:0+Va+;*+*>-*+-2,-,;0D+>8>529-0+*1+*>-,+3*5),E+f,>+;0>+ ,8-029;,;*>+/0:959,:*>+;*>,220::,2k1+:0>+,22*?:0>+,;.919>-2,-9H0>+,/20/9,;0>+ /,2,+/20?2,.,2+6+2*,:9Z,2+;95)0>+/,-28::,>*>+/0:959,:*>+501L81-0>E 4VBbOSN+*1+F,>)91?-01D+,+:0>+A+;h,>+;*+>*/-9*.72*+;*+"#AAD+*1+:0>+9;90.,>+*>/,m0:+*+91?:l>D+ >9*1;0+,.70>+-*T-0>+9?8,:.*1-*+,8-l1-950>E+ >%7&R!&7#>2/R'(!&T#&>!"!Q!^&&&&&&>%7&R%4&#4H!T%4&2"'T%4&T#&!Q#7'(!^& ++++++++++!3;0&+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++!3;0&+ +++&&&%?5A&H)AA.I)6&EB&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&D.??@&(5A-,A& ++Y*7*+;*+^079*210+;*+:,+++++++++++++++++++++++++++++++++++++++<2*>9;*1-*+;*+:0> +++B*/j7:95,+;*:+<,1,.k+++++++++++++++++++++++++++++++++W>-,;0>+I19;0>+;*+O.l295,+ ++ LfM !"#$%&''' LfN !MA,,?,*-&/,-0,,*&-1,&2*.-,3&4-5-,6&5*3&(9:5&=)A&-1,&R,56,&)=&R5*36&=)A& ()5;.*M&5*3&"5+5;&6-5-.)*6_&U,:A95A@&`aK&OPba J9?1*;+76+-)*+<2*>9;*1-+03+C87,D+4*728,26+"UD+"#$Kc+J9?1*;+76+-)*+<2*>9;*1-+03+-)*+I19-*;+ J-,-*>D+4*728,26+QKD+"#$K ![7##Q#"H _*-=**1+-)*+I19-*;+J-,-*>+03+O.*295,+,1;+-)*+B*/87:95+03+C87,+302+-)*+:*,>*+!>87L*5-+-0+ -*2.>+-0+7*+,?2**;+8/01+76+-)*+-=0+^0H*21.*1->&+-0+-)*+I19-*;+J-,-*>+03+:,1;>+91+C87,+302+ 50,:91?+,1;+1,H,:+>-,-901>E+ ()*+I19-*;+J-,-*>+03+O.*295,+,1;+-)*+B*/87:95+03+C87,D+7*91?+;*>9208>+-0+*T*58-*+38::6+-)*+ /20H9>901>+03+O2-95:*+aVV+03+-)*+O5-+03+C01?2*>>+,//20H*;+b,25)+>*501;D+"#$"D+,1;+03+O2-95:*+aVV+ 03+-)*+O//*1;9T+-0+-)*+C01>-9-8-901+03+-)*+B*/87:95+03+C87,+/20.8:?,-*;+01+-)*+Q$-)+03+b,6D+ "#$QD+=)95)+/20H9;*X+ rOB(VCfW+aVVE+(0+*1,7:*+-)*+I19-*;+J-,-*>+-0+.,91-,91+-)*+91;*/*1;*15*+03+C87,D+,1;+-0+ /20-*5-+-)*+/*0/:*+-)*2*03D+,>+=*::+,>+302+9->+0=1+;*3*1>*D+-)*+C87,1+^0H*21.*1-+=9::+>*::+02+ :*,>*+-0+-)*+I19-*;+J-,-*>+-)*+:,1;>+1*5*>>,26+302+50,:91?+02+1,H,:+>-,-901>D+,-+5*2-,91+ >/*5939*;+/091->D+-0+7*+,?2**;+8/01+=9-)+-)*+<2*>9;*1-+03+-)*+I19-*;+J-,-*>Er ),H*+2*,5)*;+,1+,?2**.*1-+-0+-),-+*1;D+,>+30::0=>X+ !7H'(R#&' ()*+B*/87:95+03+C87,+)*2*76+:*,>*>+-0+-)*+I19-*;+J-,-*>D+302+-)*+-9.*+2*[892*;+302+-)*+ /82/0>*>+03+50,:91?+,1;+1,H,:+>-,-901>D+-)*+30::0=91?+;*>5297*;+,2*,>+03+:,1;+,1;+=,-*2+ >9-8,-*;+91+-)*+V>:,1;+03+C87,X+ ">-E+V1+^8,1-,1,.0+!>**+]6;20?2,/)95+N3395*+C),2-+"@RA&E+420.+,+/091-+01+-)*+>08-)+50,>-D+ %EKA+1,8-95,:+.9:*>+-0+-)*+*,>-=,2;+03+F91;=,2;+<091-+f9?)-+]08>*D+,+:91*+281191?+102-)+!-28*&+ ,+;9>-,15*+03+%EQR+1,8-95,:+.9:*>c+ 420.+-)*+102-)*21+*T-2*.9-6+03+-)9>+:91*D+,+:91*+281191?+=*>-+!-28*&D+,+;9>-,15*+03+RE@A+ 1,8-95,:+.9:*>c+ 420.+-)*+=*>-*21+*T-2*.9-6+03+-)9>+:,>-+:91*D+,+:91*+281191?+>08-)=*>-+!-28*&+KEK"+1,8-95,:+ .9:*>c+ 420.+-)*+>08-)=*>-*21+*T-2*.9-6+03+-)9>+:,>-+:91*D+,+:91*+281191?+>08-)+!-28*&+-0+-)*+>*,50,>-E+ ()9>+:*,>*+>),::+7*+>87L*5-+-0+,::+-)*+501;9-901>+1,.*;+91+O2-95:*+VV+03+-)9>+,?2**.*1-E+ Q1;E+V1+P02-)=*>-*21+C87,+!>**+]6;20?2,/)95+N3395*+C),2-+Q$KU&E+ V1+_,)9,+]01;,+!>**+]6;20?2,/)95+N3395*+C),2-+RQ$7&E+ O::+-),-+:,1;+915:8;*;+91+-)*+/*191>8:,+501-,9191?+C*220+;*:+b0229::0+,1;+<81-,+;*:+C,2*1*20+ >9-8,-*;+-0+-)*+=*>-=,2;+03+,+:91*+281191?+>08-)+!-28*&+320.+-)*+102-)+50,>-+,-+,+;9>-,15*+03+ -)92-**1+)81;2*;+6,2;>+*,>-+!-28*&+320.+-)*+52*>-+03+C*220+;*:+b0229::0D+,1;+,::+-)*+,;L,5*1-+ =,-*2>+-085)91?+8/01+-)*+50,>-+:91*+03+-)*+,70H*+;*>5297*;+/*191>8:,+,1;+915:8;91?+-)*+ *>-8,26+>08-)+03+<81-,+;*:+C,2*1*20+=9-)+-)*+501-20:+03+-)*+)*,;=,-*2>+,>+1*5*>>,26+302+ >,19-,26+,1;+0-)*2+/82/0>*>E+ O1;+91+,;;9-901+,::+-),-+/9*5*+03+:,1;+,1;+9->+,;L,5*1-+=,-*2>+01+-)*+=*>-*21+>9;*+03+-)*+ *1-2,15*+-0+_,)9,+]01;,+915:8;91?+7*-=**1+-)*+>)02*+:91*+,1;+,+:91*+281191?+102-)+,1;+>08-)+ !-28*&+-0+:0=+=,-*2+.,2G>+-)208?)+,+/091-+=)95)+9>+=*>-+!-28*&+;9>-,1-+01*+1,8-95,:+.9:*+320.+ <-,E+;*:+C,6.,1E+ !7H'(R#&'' ()*+?2,1-+03+-)*+302*?091?+O2-95:*+>),::+915:8;*+-)*+29?)-+-0+8>*+,1;+0558/6+-)*+=,-*2>+ ,;L,5*1-+-0+>,9;+,2*,>+03+:,1;+,1;+=,-*2D+,1;+-0+9./20H*+,1;+;**/*1+-)*+*1-2,15*>+-)*2*-0+ ,1;+-)*+,15)02,?*>+-)*2*91D+,1;+?*1*2,::6+-0+;0+,16+,1;+,::+-)91?>+1*5*>>,26+-0+39-+-)*+ /2*.9>*>+302+8>*+,>+50,:91?+02+1,H,:+>-,-901>+01:6D+,1;+302+10+0-)*2+/82/0>*E+ a*>>*:>+*1?,?*;+91+-)*+C87,1+-2,;*+>),::+),H*+32**+/,>>,?*+-)208?)+-)*+=,-*2>+915:8;*;+ =9-)91+-)9>+?2,1-E+ !7H'(R#&''' F)9:*+01+-)*+01*+),1;+-)*+I19-*;+J-,-*>+2*50?19Z*>+-)*+501-918,15*+03+-)*+8:-9.,-*+ >0H*2*9?1-6+03+-)*+B*/87:95+03+C87,+0H*2+-)*+,70H*+;*>5297*;+,2*,>+03+:,1;+,1;+=,-*2D+01+-)*+ 0-)*2+),1;+-)*+B*/87:95+03+C87,+501>*1->+-),-+;8291?+-)*+/*290;+03+-)*+0558/,-901+76+-)*+ I19-*;+J-,-*>+03+>,9;+,2*,>+81;*2+-)*+-*2.>+03+-)9>+,?2**.*1-+-)*+I19-*;+J-,-*>+>),::+*T*259>*+ 50./:*-*+L829>;95-901+,1;+501-20:+0H*2+,1;+=9-)91+>,9;+,2*,>+=9-)+-)*+29?)-+-0+,5[892*+!81;*2+ 501;9-901>+-0+7*+)*2*,3-*2+,?2**;+8/01+76+-)*+-=0+^0H*21.*1->&+302+-)*+/87:95+/82/0>*>+03+ -)*+I19-*;+J-,-*>+,16+:,1;+02+0-)*2+/20/*2-6+-)*2*91+76+/825),>*+02+76+*T*259>*+03+*.91*1-+ ;0.,91+=9-)+38::+50./*1>,-901+-0+-)*+0=1*2>+-)*2*03E+ Lff S01*+91+;8/:95,-*+,-+],7,1,D+,1;+>9?1*;+76+-)*+<2*>9;*1-+03+-)*+ 'JWOfM+B*/87:95+03+C87,+-)9>+>9T-**1-)+;,6+03+4*728,26D+"#$KE+ (E+WJ(BOSO+<OfbO+ J9?1*;+76+-)*+<2*>9;*1-+03+-)*+I19-*;+J-,-*>+-)*+-=*1-6`-)92;+03+4*728,26D+"#$KE+ 'JWOfM+(]WNSNBW+BNNJWaWf(+ Lfq !"#$%&'C Lft H5!;27?2C!o-;N@uC*B@*&@OSEACApI!25!/.12D/C/A/0!2.!23k/.!6202!B?/!?;!'#*"'4$%0& l:/02C;/71/!?;!A-82845!A5;?;I!0/A0?1285!650!2:/71/.!85!:5O/075m!./!-7F-C10/!/;!?;! :0?65!:?/00-CS/-05I!2!(.A5C2!/7.-72E f6':8$&0*'"$^g0&.7-%$%0:$#'58'&*($5'h$%$&'&.058"0($%$2&0&$4'58'&%'='& %':.0,"-"&X7'&078"$:&$^i':&:g0&5'.'::j"-$:&*$"$&"'C0"^$"&$&*0:-^g0&%0& '#*"'4$%0&.0#0&7#&"'."78$&-%'$(R&kRRRl&H&$4'58'&%'&.058"$&-58'(-4m5.-$ & *0%'"-$&.$7:$"&$&*"-:g0&07&%'8'5^g0&%'&C$#-(-$"':&%0&'#*"'4$%02&*"'5%m] (0 & 07 & ':*$5.j](0 & .0#0 & *$"8' & %0 & *($50 & *$"$ & :7$ & -5C-(8"$^g0 & 50 & 4"7*0& 47'""-(1'-"0nR&D<:.0($&%$:&!#W"-.$:&o&K$57$(&%'&K$5'h0&%'&)'.7":0:2&*R & _pL • 9202!B?/!5!'#*"'4$%0!./Y2!605;5O-85!72.!F-C/-02.!85!:0?65!:?/00-CS/-05I!8/65-.! 8/!-7F-C10285I!5!;27?2C!0/A5;/782E fH&$4'58'&%'&.058"$]-58'(-4m5.-$&*0%'"-$&$7#'58$"&0&=$(0"&%0&'#*"'4$%0& $8"$=W: & %$ & %':8"7-^g0 & %$ & 0"4$5-M$^g0 & '# & "'%0" & %':8' & '#*"'4$%0R & A:80 & *0%'&:'"&C'-80&*0"&#'-0&%'&*"-:i':2&'q'.7^i': &07&*$.-C-.$^g02&80#$5%0& .7-%$%0&*$"$&5g0&'q*0"&0&'#*"'4$%0&.0#0&C058'&%$&-5C0"#$^g0R&?'&0& '#*"'4$%0&C0"&7#&%0:&*07.0:&:0,"'=-='58':2&'('&*0%'"-$&:'"&7#&#'#,"0& -#*0"8$58'&'#&7#$&50=0&4"7*0&47'""-(1'-"0R&!&"'*78$^g0&%0&'#*"'4$%0& 8$#,W# & *0%' & :'" & "'C0"^$%$ & 5':8$ & 0.$:-g02 & $8"$=W: & %$ & C$,"-.$^g0 & %'& 1-:8N"-$:2 & %0.7#'580: & ' & 8':8'#751$:2 & X7' & :g0 & 5g0 & $*'5$: & ."O='-:2 & #$: & 8$#,W# & %-CO.'-: & %' & "'C78$"2 & hj & X7' & 1j & #7-80 & *07.0: & 47'""-(1'-"0:& :0,"'=-='58':Rn&D<:.0($&%$:&!#W"-.$:&o&K$57$(&%'&K$5'h0&%'&)'.7":0:2& *R&__L • +!;/.;5!;27?2CI!25!O/0.20!.5D0/!5!0/A0?12;/715!8/!6/..52CI!10212!85!;/85! A5;5!;/-5!8/!;51-O2345!6202!B?/!2C:?@;!21?/!/;!F2O50!85!:5O/075!A57102!5.! :?/00-CS/-05.E f60"#$(#'58'2&0&#'%0&5g0&*0%'"-$&:'"&7:$%0&%'&#$5'-"$&,'#&:7.'%-%$ & *$"$ & #08-=$" & -5%-=O%70:R & ! & 'q*'"-m5.-$ & #0:8"$ & X7' & -5C0"#$^i':& .05:'47-%$:&$8"$=W:&%'&#'%0&5g0&:g0&.05C-j='-:R&kRRRl&?'&7#&-5%-=O%70&C0-& "'."78$%0&$8"$=W:&%$&$*(-.$^g0&%0&#'%0&.0#0&7#$&$"#$2&0&$4'58'&%'& .058"$]-58'(-4m5.-$&kX7'&"'."78$&0:&'#*"'4$%0:l2&%'='&':8$"&'#&*0:-^g0& %' & #$58'" & $ & $#'$^$n & D<:.0($ & %$: & !#W"-.$: & o & K$57$( & %' & K$5'h0 & %'& )'.7":0:2&*R&\pL • (; ! 5?105 ! 1<6-A5I ! /7.-72 ! ?; ! 5?105 ! ;/-5 ! 8/ ! 605;5345 ! h ! 5 ! 2..2..-7215 ! 8/! :?/00-CS/-05.!0-O2-.E fBj&078"0:&#'-0:&*$"$&.05:'47-"&$h7%$&'q8'"5$&%'&#0%0&$&4$"$58-"&$& *"0#0^g0 & %' & 7# & '#*"'4$%0R & 9# & h'-80 & %' & .05:'47-" & ':8$ & *"0#0^g0 & W & -5C(7'5.-$" & 7# & '#*"'4$%0 & X7' & 8'51$ & 7#$ & *0:-^g0 & ,'# & #$-: & $(8$ & 5$ & 0"4$5-M$^g0&47'""-(1'-"$r&078"0&W&'(-#-5$"&7#&"-=$(&'#&*08'5.-$(&%'58"0& Lfg %$&0"4$5-M$^g0Rn&D<:.0($&%$:&!#W"-.$:&o&K$57$(&%'&K$5'h0&%'&)'.7":0:2& *R&__L • ML dT!./:?785!5!;27?2C !8/!o7S@EE;*&@?C>SO=CNVE=; *@*#B@C>CT=;*0C<SN=AD;pI! 8/710/!2.!O?C7/02D-C-828/.!C/:2-.!/!.5A-5C<:-A2.!85.!:?/00-CS/-05.!60/.5.!/.145!5! o;/85!8/!0/A/D/0!10212;/715!D0?12C!8/65-.!82!A261?02p!/!5!F215!8/!B?/!/C/.!o745! 1Q;!.121?.!C/:2C!8/!60-.-57/-05.!8/!:?/002!8/7105!82!"57O/7345!8/!>/7/D02pML! l<:.0($ & %$: & !#W"-.$: & o & K$57$( & %' &>?/002 ! a/O5C?A-57T0-2 ! / ! %8/5C5:-2! "5;?7-.122 & *R & _TmG ! $2-. ! 28-271/I ! 25 ! 8-.A500/0 ! .5D0/ ! 5 ! 10212;/715 ! 8285 ! 2! :?/00-CS/-05. ! 260//78-85.I ! 5 ! ;27?2C ! 0/F5032 ! B?/ ! 12-. ! 745 ! .45 ! A57.-8/0285.! 60-.-57/-05.!8/!:?/002I!2F-0;2785! fH: & -5:7"4'58': & :7,='":-=0: & .($5%':8-50: & X7' & ,7:.$# & %'""7,$" & 7#& 40='"50&':8$,'('.-%0&5g0&8m#&.05%-^g0&('4$(&%'&.0#,$8'58':R&Ij&X7'&':8$:& $8-=-%$%':&:7,='":-=$:&:g0&.($5%':8-5$:&*0"&5$87"'M$2&0:&-5%-=O%70:&X7'& 0*'"$#&5':8'&.058'q80&'=-8$#&0&.058$80&.0#&$:&C0"^$:&*0(-.-$-:&'&$:&C0"^$: & %' & :'47"$5^$R & !::-#2 & X7$(X7'" & -5:7"4'58' & $*"''5%-%0 & *'($: & C0"^$: & %'& :'47"$5^$ &%0 &40='"50 &5g0 &:g0& "':47$"%$%0: & *$"$& $(W# & %$: &*"08'^i': & ,j:-.$:&%0&$"8-40&as&%$&/05='5^g0&%'&t'5',"$R&<:8$"g0&:7h'-80:&u:&('-:&%'& :'47"$5^$ & -58'"5$ & %0 & *$O: & X7' & 8"$8$# & %' & :7,='":g0 & ' & %'(-5Xvm5.-$nR& D<:.0($ &%$:&!#W"-.$: &o&K$57$(&%'&t7'""$&)'=0(7.-05j"-$&'&A%'0(04-$& /0#75-:8$2&*R&bpLR !+!201-:5!M‰!82!"57O/7345!8/1/0;-72!B?/I!/;!A57FC-15.!./;!A20T1/0!-71/072A-572CI!2.!6201/.!/7O5CO-82.! 8/O/;!0/.6/-120!2!-71/:0-828/!FX.-A2!/!2!O-82!8/!6/..52.!B?/!745!/.1/Y2;!8-0/12;/71/!/7O5CO-82.!75! A5;D21/I!2B?/C/.!B?/!8/6?./02;!20;2.!/!5.!B?/!1/7S2;!.2X85!85!A5;D21/!650!F/0-;/715I!85/732!5?! 8/1/7345G!(.12.!6/..52.I!8/!2A5085!A5;!5!B?/!21/.12!5!;27?2CI!745!/.120-2;!6051/:-82.!8/!60T1-A2.!8/! 1501?02I!B?/!.45!605-D-82.!75!201-:5!Lt‰!!/!gt‰!85!85A?;/715!/;!B?/.145G