Embed Size (px)
Citation preview
!
!
!
!!
"#$%&'#('%!)*+!,*%$##'++'!-!.'/'0*)1$!2'#&$+!30*(4'5#%*6$#*!7(18*#%1)$)!)*!95#:1$!
;(%<*(&'%!0$#$!*8$+5$:1=(!)*+!">.!
!
!
!
!"#$%&'(!&"&($)&*#&"($*($'+&,-(.$/$"&*(
"#$%&'(!)!%*)+,)-! ./#'-,0%/'(#!
.0123(24(2451003663(.781( !3091:4;( $5<161( 24( 2451003663(
=<>109?@(
AB946C:4B<C1( DA'>E";(+459(23FCBG5;("1H4B(
!03I64F15(B47036G:C<35($B904HC591( <3B( 635( J12045;( 4K1F4B( J30(
B4703CF1:4B;(I194081(B4703J5C<36G:C<1(
/CH46(CB9401<<CGB(53<C16( $B904HC591(<3B(635(J12045(
(
!"#$%&'(!&"&($)&*#&"(*&'(%&'$'(L#/>A-/&*$'(,$*(*$/.#&M$(
"#$%&'(!)!%*)+,)-! ./#'-,0%/'(#!
&72C<CGB(
-934FC5C3B45(1<N59C<15(
&72C3F49081(3I540H1<C3B16(
&72C3F49081(93B16(
&72C3F49081(6N2C<1(
&72C3F49081(CB5907F4B916(
!394B<C1645(4H3<1235(
%1545(I7<3O3B1930C15($P40<C<C35( 24( F3HC6C212;( J1PC915;( H4615;(
49<Q9401(
(
!"#$%&'(,$(*$/.#&M$(
"#$%&'(!)!%*)+,)-! ./#'-,0%/'(#!
,451003663(246(64B:71P4($5<161(=1<&09?70(R>,AS(
.781(!3091:4(
L3B363:81(
!074I1(O3B36G:C<1(%35<?(
!074I1(O3B36G:C<1(&<3591(
!074I1(24(T7C6C5(
)3<1I7610C3(!41I32@(
+459(24(%3593B(
%1940815(24(64B:71P4(
%*->(
%*->E'(
A+!&(
&"$*(
!*-/E"(
+'&(
'124UEV?16C6(
*4<9345<0C9701( +&*$EWXXX(
!!!!!!
!
!
!
12!34"56"7.89!:35!;<":=!:3!:3>"<<=55=!
!;,?)!@(-')A%!(
*1( .781( !3091:4( 45( 7B1( J074I1( 24( 4H1671<CGB( Y74( J40FC94( 24940FCB10( 615( <1J1<C21245( :4B401645( 24( 635(
BCZ35;( @( 4B904(46615( 459[B( 615( <1J1<C21245( 6CB:\859C<15]( >3B5C594(24(7B1( 540C4(24( 6C591235(24(3IP49CH35(Y74(
0457F4B(635(<3FJ3091FC4B935(F[5(0464H1B945(Y74(3<7004B(O04<74B94F4B94(4B904(46(B1<CFC4B93(@(635(54C5(
1Z35;( 30:1BC^1235( 4B( 7B1(F1B401( Y74( 459[( 24( 1<74023( <3B( 61( 3024B( 24( 57<45CGB( 98JC<1]( $5935( 3IP49CH35(
1I10<1B(615(5C:7C4B945([0415_(
(
1S 7B0(!%#'C0,+)-!)+!D%DE]( $591( [041( 54( <4B901(4B(J03J30<C3B10(4598F7635( 16( I4IQ(J109C4B23(24( 57(
F42C3(1FIC4B94;(1B945(24(Y74(54(45J404(7B1(045J74591(24(Q6](,C<?1([041(54(?1(2C54Z123(J101(BCZ35(
24(421245(<3FJ04B2C215(4B904(X(@(`(F4545(3(J101(BCZ35(24(<3FJ3091FC4B93(O7B<C3B16(54F4P1B94](
IS >(&C)+CF)&CB/]( >3FJ04B24( 46( 1J04B2C^1P4( 24( 245904^15( 24( 53<C16C^1<CGB( 24( <3FJ3091FC4B935(
1J03JC1235(4B(4B930B35(23FQ59C<35(@( <3FJ3091FC4B935(J101( CB9401<9710( <3B( 615(J4053B15(Y74( 64(
03241B(1(901HQ5(24(61(CFC91<CGB;(61(J109C<CJ1<CGB(@(61(<3F7BC<1<CGB](
<S 5%/A,)G%]($6(1J04B2C^1P4(24(61(64B:71(<3FC4B^1(1(J109C0(24(63(Y74(46(BCZ3(H1(<1J91B23(1(901HQ5(24(61(
45<7<?1( 24( 57( F42C3( 1FIC4B94;( CFJ765[B2364( 1( 61( 4FC5CGB( 24( 53BC235;( I16I7<43;( 4<3616C15( @(
OCB16F4B94( J161I015( @( ?363O01545;( J101( J1510( J3<3( 1( J3<3( 1( <3FICB10( 57( H3<1I7610C3( 4B( O01545( @(
301<C3B45( CB946C:CI645]($591([041;(124F[5(24(540(7B(4K<464B94(F42C3(24(4H1671<CGB;(<3B59C97@4(7B(
0C<3(J03:01F1(24(64B:71P4](
2S ",'()H,I)]( ,C<?1( [041( 4H16N1( 615( 245904^15( Y74( 46( BCZ3( 23FCB1( 4B( 46( <1FJ3( 24( 57( 1793B3F81(
J4053B16(R16CF4B91054;(H459C0a245H459C054;(I1Z1054]]]S](
4S 7(A/C&CB/]($591([041(4H16N1(61(<3:BC<CGB;(3(1<93(24(J4B510;(<3F3(61(<1J1<C212(J101(04<30210;(H40(7(
380(54F4P1B^15(@(2CO404B<C15(@(4591I64<40(0461<C3B45(4B904(C2415(@(<3515](
OS :%#)--(++(!0('-CF]($H16N1(61(<1J1<C212(J101(<3B903610(635(F3HCFC4B935(<3302CB1235(24(635(FN5<7635(
:01B245(RF390C<C212(:07451S(@(635(FN5<7635(J4Y74Z35(246(<740J3(RF390C<C212(OCB1S](
(
'7(79C6C^1<CGB(45(1J03JC121(J101(BCZ35(24524(X(?1591(bEc(1Z35;(17BY74(4B(<153(24(57P4935(<3B(0490153(4B(46(
2451003663(J7424(79C6C^1054(?1591(d`(1Z35](!101(<121(7B1(24( 615([0415(1B940C3045(54( CB<67@4B(7B1(540C4(24(
3IP49CH35( Y74( 635( BCZ35( 24I4B( 23FCB10( 4B( 57( 2451003663( B30F16;( 4FJ641B23( 7B( O30F193( 24( 6C5915( 24(
<3FJ03I1<CGB( R<?4<UE6C595S]( ,4( 4591( F1B401;( 615( 6C5915( 24( 3IP49CH35( J40FC94B( <3B3<40( R1S( 635(
<3FJ3091FC4B935(Y74(46(BCZ3(4P4<791(1<9716F4B94(4B( 615(2C59CB915([0415;( RIS( 635(<3FJ3091FC4B935(Y74(46(
BCZ3(459[(1J04B2C4B23;(@(R<S(635(<3FJ3091FC4B935(Y74(46(BCZ3(B3(23FCB1](
!!3#&)+)!I%!:%#)--(++(!J&7)-'KH!LJ>7"M!(
$5( 7B1( J074I1( CB2CHC2716;( 2C54Z121( J101( BCZ35( 24( 4B904( W( @( c( 1Z35( @(F42C3]( '7( 1J6C<1<CGB( 45( CB2CHC2716;(
3<7J1B23(7B35(`e(FCB7935;(@(FC24(46(2451003663(<3:BC9CH3(@(J5C<3F3930(246(BCZ3](*1(J074I1(459[(CB94:0121(
J30(dc(94595(Y74(21B(67:10(1(b(57I45<1615;(<7@1(5C:BCOC<1<CGB(45(61(5C:7C4B94_(((
(
! )40I16_(F12704^(24(<3B<4J935(H40I1645(@(1J9C972(4KJ045CH1((
! !40<4J9CH3E=1BCJ7619CH1_(<1J1<C212(24(01^3B1FC4B93(4B(910415(6N2C<3EF1BCJ7619CH15(((
! >71B9C919CH1_(O1<C6C212(4B(F1B4P3(@(<3FJ04B5CGB(24(<3B<4J935(@(58FI3635(B7FQ0C<35(((
! =4F30C1_(HC5716;(1<N59C<1;(H40I16(@(B7FQ0C<1(((
! =390C<C212_(1J9C972(F39301(R<3302CB1<CGB(24(:01B245(F3HCFC4B935(@(F390C<C212(OCB1S(
! .4B4016(>3:BC9CH1_(CB<67@4(57I45<1615()40I16;(>71B9C919CH1(@(!40<4J9CH3E=1BCJ7619CH1((
(
&( 901HQ5( 24( 61( 1J6C<1<CGB( 246( ='>&( 54( J7424( 24940FCB10( 46( :0123( 24( 2451003663( 246( BCZ3;( 158( <3F3( 61(
<3FJ101<CGB(<3B(46(2451003663(45J401I64(J101(46(BCH46(24(4212](
!
!
!
N2!34"56"7.89!:3!5"!.9O35.;397."!
!3#&)+)!I%!./'%+CA%/&C)!P%&K#+%-!$)-)!9CQ(#!LP.>7R<M!!*1( 45<161( DA'>E"( RD4<?5640( AB9466C:4B<4( '<164( O30( >?C6204BE"4HC542S( 45( <3B( 9321( 54:70C212( 46( 9459( 24(
CB946C:4B<C1(J101(BCZ35(F[5( <3B3<C23(@(79C6C^123](&24F[5;( 57464(4FJ641054( <3F3( 04O404B<C1(1( 61(?301(24(
4591I64<40(46(:0123(24(0490153(F4B916;(J30(4P4FJ63(4B(<1535(24(58B203F4(24(,3fB;(179C5F3(3(24(0490153(
:4B4016(4B(46(2451003663]('7(1J6C<1<CGB(45(CB2CHC2716;(3<7J1(4B904(7B1(@(235(?3015;(@(45(1J03JC121(J101(BCZ35(
4B904(b(@(dg(1Z35](
(
$59[( <3FJ74591( J30( 7B1( 540C4( 24( 2C4^( J074I15;( 2C590CI7C215( 4B( 235( 45<1615_( 61( 45<161( H40I16( R<3B( <CB<3(
57I94595S;( @(45<161(F1BCJ7619CH1( R<3B(39035( <CB<3( 57I94595S](&( <3B9CB71<CGB( OC:701B( 615(2CO404B945(J074I15(
Y74(<3BO30F1B(<121(7B1(24(615(45<1615_(
(
!" #$%&'&()*+,&'-(
• ABO30F1<CGB_(Wc(J04:7B915(4B( 615(Y74(54(4H16N1( 61(<1B9C212(24( CBO30F1<CGB(Y74(7B(57P493(
<3B( CB946C:4B<C1(F42C1(?1(J32C23(12Y7C0C0(246(1FIC4B94](!30(4P4FJ63(<7[B915(J1915( 9C4B4(
7B1(F451;(3(24(Y7Q(<3630(45(61(64<?4](
• >3FJ04B5CGB_(dc(464F4B935(4B(635(Y74(54(4H16N1(61(<1J1<C212(J101(1B16C^10(J04:7B915;(@(61(
<1J1<C212(J101(H40I16C^10(124<7121F4B94(615(045J745915](!30(4P4FJ63(Y7Q(45(61(<10C212;(3(
Y7Q(45(.04<C1](
• &0C9FQ9C<1_(d`(J03I64F15(24(10C9FQ9C<1(464F4B916;(J101(4H16710(61(045367<CGB(24(J03I64F15(
@( 61( 045C594B<C1( 1( 61( 2C5901<<CGB]( !30( 4P4FJ63;( 5C( 9045( <?C<645( <74591B( e( J454915;( h<7[B93(
<35910[B(W`(<?C<645i](
• '4F4P1B^15_(dj(464F4B935(Y74(4H16N1B(615(54F4P1B^15(@(2CO404B<C15(4B904(3IP4935;(?4<?35(
3( C2415( Y74( 54( J0454B91B;( @( 61( <1J1<C212( 24( <615COC<1<CGB( 24( 61( J4053B1]( !30( 4P4FJ63;( 54(
J04:7B91(Y7Q(9C4B4B(4B(<3FNB(7B1(07421(@(7B1(J46391;(3(7B(F4903(@(7B(UC63](
• )3<1I7610C3_( 54( J0454B91B( kk( J161I015( 45<0C915( <3F3( <7<?C663( 3( 0463P;( @( 46( 57P493( 24I4(
CB2C<10(57(5C:BCOC<123;(FC2C4B23(158(61(<3FJ04B5CGB(@(61(<1J1<C212(24(4KJ045CGB(H40I16]((
(
." #$%&'&(/&0123'&41)&-(
• LC:7015(CB<3FJ64915_(We(910P4915(<3B(3IP4935(1(635(Y74(645(O1691(16:3;(@(61(J4053B1(24I4(24<C0(
Y7Q(J1094(O1691](
• >7I35_(61(J4053B1(24I4(<3B5907C0(d`(2CI7P35(4FJ641B23(H10C35(<7I35(<7@15(<1015(53B(03P15;(
I61B<15;(3(24(1FI35(<363045](=C24( 61(<1J1<C212(24(1B[6C5C5(@(24(1I5901<<CGB;(@( 61(5367<CGB(
24(J03I64F15]((
• lC5930C4915_(dd(464F4B935(4B( 635(Y74( 635(57P4935(24I4B(3024B10(7B1(?C5930C1( 9CJ3(m<GFC<n(
J101(Y74(94B:1B(54B9C23]((
• =190C<45_(FC24(46( 01^3B1FC4B93(1I5901<93]('4(<3FJ3B4(24(<3FJ6491FC4B93;(<615COC<1<CGB;(
01^3B1FC4B93(1B16G:C<3(@(01^3B1FC4B93(540C16(24(F190C<45(24(464F4B935]((
• %N5Y7421(24(58FI3635_(bX(464F4B935(4B(635(Y74(46(57P493(24I4(24<C2C0(5C(7B(464F4B93(Y74(
J4094B4<4( 1( 7B( :07J3( 54( 4B<74B901( 4B( 7B( <3BP7B93( 24( 464F4B935( 2CO404B94]( $H16N1(
J40<4J<CGB(@(H463<C212](
(
*15(J7B971<C3B45(24(<121(7B1(24(615(J074I15(54(3I9C4B4B(24(F1B401(CB2CHC2716;(@(J35940C30F4B94(54(57F1B(
615( J7B971<C3B45( 24( 61( J1094( H40I16( @( 24( 61( J1094( F1BCJ7619CH1]( &58;( 54( 3I9C4B4( 7B1( 90CJ64( F42C21( 246(
<34OC<C4B94(CB9464<9716_(
(
1S >34OC<C4B94(24(CB946C:4B<C1(H40I16(R>A)S_(57F1(24(615(J7B971<C3B45(4B(61(45<161(H40I16;(Y74(CB2C<1B(61(
CB946C:4B<C1(6CB:\859C<1](
IS >34OC<C4B94(F1BCJ7619CH3(R>A=S_(57F1(24(615(J7B971<C3B45(4B(61(45<161(F1BCJ7619CH1;(Y74(CB2C<1(61(
CB946C:4B<C1(4B(910415(F1BCJ7619CH15](
!
!
<S >34OC<C4B94(24( CB946C:4B<C1(93916( R>A+S_(57F1(93916(24( 615(J7B971<C3B45;( CB2C<1081( 61( CB946C:4B<C1(246(
BCZ3](
(
!101(H163010(46(>A(3I94BC23(R91B93(46(H40I16;(46(F1BCJ7619CH3(@(46( 93916S;(54(<3FJ101(<3B( 61(<615COC<1<CGB(24(
:01235(24(0490153(4591I64<C21(J30(61(&&="(R&F40C<1B(&553<C19C3B(3B(=4B916("4910219C3BS](
(
(
O%#'!I%!J)'-C&%#!@-(A-%#C*)#!I%!<)*%/!(
$5( 7B( 9459( :4B4016( 24( CB946C:4B<C1;( 17BY74( 79C6C^1( 045J745915( B3( H40I1645( R45J4<8OC<1F4B94;( 464:C0(
7B1(3J<CGB(4B904(H10C15S](,4IC23(1(Y74(B3(4FJ641(F1940C1645(45<0C935;(J0494B24(J03J30<C3B10(7B1(F42C21(
246( O7B<C3B1FC4B93( CB9464<9716( CB24J4B2C4B94(246(4B930B3(<7697016]($KC594B(H10C15(H405C3B45(24( 61(J074I1;(
17BY74(61(F[5(?1IC9716(45(61($5<161(:4B4016;(2C0C:C21(1(57P4935(24(dW(1(be(1Z35;(@(<7@3(9C4FJ3(24(1J6C<1<CGB(
459[(4B(930B3(1(`X(FCB7935](
(
$B(46(9459(24(F190C<45(24("1H4B;(54(J0454B91B(540C45(24(2COC<76912(J03:045CH1;(23B24(61(<3FJ64PC212(
17F4B91( <121( H4^;( @( 61( J4053B1( 24I4( CB2C<10( 4B904( H10C15( 3J<C3B45( Y7Q( 464F4B93( O1691( 4B( <121( 540C4]( &(
J109C0(24(615(045J745915(24(635(57P4935(1(615(2C59CB915(540C45;(54(3I9C4B4(7B1(F42C<CGB(24(61(CB946C:4B<C1(24(61(
J4053B1;(158(<3F3(7B1(<3FJ101<CGB(<3B(61(CB946C:4B<C1(24(61(J3I61<CGB(:4B4016](
(
!101( BCZ35(F[5( J4Y74Z35;( 4KC594( 7B1( J074I1( 45J4<C16( 4B( 61( Y74( 54( 79C6C^1( 7B( 91I6403( 24( O30F15(
<3B5907C23( 4B(F12401;( @( 91FICQB( 4KC594( 7B1( H405CGB(F[5(F3240B1( 24B3FCB121(=190C<45( !03:045CH15( 4B(
>3630](
(
(
:RST!H!:RUV!LO%#'#!I%!I(0C/B#M!(
*1(,E`c(@(61(,EgX(53B(2C59CB915(H405C3B45(246(FC5F3(9459;(Y74(FC24(CB946C:4B<C1(:4B4016(@(<1J1<C212(
24(1I5901<<CGB(1( 901HQ5(24( 540C45( 6G:C<15(<3B5907C215(<3B( OC<?15(24(23FCBG]('4(4FJ641(<3B(57P4935(24(dW(
1Z35( 4B( 12461B94;( @( 61( 1J6C<1<CGB( 45( :4B4016F4B94( CB2CHC2716]( $5( 7B( 9459( I1591B94( 0[JC23;( 4B( 930B3( 1( We(
FCB7935](
(
$B( 635( 94595( 24( 23FCBG5;( 54( J0454B91B( 540C45( 24( OC<?15( 24( 23FCBG( Y74(F1B9C4B4B( 16:NB( 9CJ3( 24(
0461<CGB(4B904(46615(RF194F[9C<1;(6G:C<1(3(O85C<1S;(@(61(J4053B1(24I4(CB2C<10(Y7Q(464F4B93(O1691(4B(<121(540C4;(
17BY74( 5CB( 210( BCB:7B1( 3J<CGB( 24( 045J745915( <3F3( 4B( 61( J074I1( 24(F190C<45( 24( "1H4B]( &( J109C0( 24( 615(
045J745915(24(635(57P4935(1(615(2C59CB915(540C45;(54(3I9C4B4(7B1(F42C<CGB(24(61(CB946C:4B<C1(24(61(J4053B1;(158(
<3F3(7B1(<3FJ101<CGB(<3B(61(CB946C:4B<C1(24(61(J3I61<CGB(:4B4016](
(
!W2!34"56"7.89!:3!5"!"6:.7.89!(
!324F35(2CHC2C0(615(9Q<BC<15(2C5J3BCI645(4B(9045(:01B245(:07J35_((
(
! OE&/C&)#!I%!#&-%%/C/A_(J40FC94B(?1<40(7B1(4H1671<CGB(F7@( 0[JC21(J101(24940FCB10( 5C(?1@(J03I64F15(
172C9CH35(3(B3(RJ403(5CB(94B40(24916645(53I04(Y7Q(9CJ3(24(J03I64F1(BC(575(<101<940859C<15S](
! OE&/C&)#!#,DG%'C*)#_(I151215(4B(615(H16301<C3B45(Y74(615(J4053B15(?1<4B(24(57(J03JC1(172C<CGB](! OE&/C&)#!(DG%'C*)#_(O04B94(1(615(1B940C3045;(Q5915(54(I151B(4B(F42C215(3IP49CH15(24(9CJ3(J5C<3OC5C36G:C<3](
(
(
(
(
(
(
!
!
+Q<BC<15(24(5<044BCB:(-934FC5C3B45(1<N59C<15(
&72C3F49081(3I540H1<C3B16(
+Q<BC<15(57IP49CH15(
&72C3F49081(93B16(
&72C3F49081(CB5907F4B916(
*3:3172C3F49081(
&72C3F49081(6N2C<1(
+Q<BC<15(3IP49CH15(!394B<C1645(4H3<1235(24(903B<3(
!394B<C1645(4H3<1235(24(459123(
(
(
(
S2!34"56"7.89!:35!:3>"<<=55=!5.9;XY>O.7=!(
3#&)+)!J)&)-'K,-!I%!:%#)--(++(!7(0,/C&)'C*(!L&ICM!( (
$5(7B(CB5907F4B93(F7@(<3B3<C23(Y74(J40FC94(H163010(46(2451003663( CBC<C16(246( 64B:71P4( CBO1B9C6]('4(1J6C<1(1(
BCZ35( 24( 4B904( c( 1( kX( F4545;( @( <7I04( 46( J03<453( B30F16( 24( 12Y7C5C<CGB( 246( 64B:71P4_( H3<16C^1<C3B45(
J046CB:\859C<15;(H3<1I7610C3(CBC<C16;(J0CF4015(O01545;(:01F[9C<1;(49<Q9401](
(
$6(>,A(<3B5C594(4B(235(J074I15(2CO404B<C1215_(61(24(H3<16C^1<C3B45;(J0CF4015(J161I015(@(:45935(RcEdb(F4545S;(
@( 61( 24( H3<16C^1<C3B45;( J161I015( @( :01F[9C<1( RdbEkX( F4545S]( &FI15( 459[B( 2C54Z1215( J101( 540(
<7FJ6CF4B91215(J30( 635(J12045;(@(J40FC94B(<3B3<40(46(2451003663(24(2C59CB935(<3FJ3B4B945(246( 64B:71P4;(
158(<3F3(<3B3<40(46(:0123(24(2451003663(:4B4016(246( 64B:71P4(J30(<3FJ101<CGB(<3B(46(BCH46(45J40123(J30(
4212]((
(
(
;,?)!@(-')A%!(
*1(.781(!3091:4(45(7B1(J074I1(24(4H1671<CGB(Y74(J40FC94(24940FCB10(615(<1J1<C21245(:4B401645(24(635(
BCZ35;(@(4B904(46615(459[B(615(<1J1<C21245(6CB:\859C<15](>3B5C594(24(7B1(540C4(24(6C591235(24(3IP49CH35(Y74(
0457F4B(635(<3FJ3091FC4B935(F[5(0464H1B945(Y74(3<7004B(O04<74B94F4B94(4B904(46(B1<CFC4B93(@(635(54C5(
1Z35;(30:1BC^1235(4B(7B1(F1B401(Y74(459[(24(1<74023(<3B(61(3024B(24(57<45CGB(98JC<1](
(
(
Z2!@<63[">!:3!\=9=5=;Y"!(
@-,%D)!](/(+BAC&)!I%!"&(#')!!$5(7B1(J074I1(124<7121(J101(BCZ35(1(J109C0(24(k(1Z35(24(4212;(@(459[(<3FJ74591(J30(7B1(6C591(24(J161I015(
Y74( <7I04( 46( 45J4<903( O3B36G:C<3( I[5C<3( 246( 45J1Z36;( J0454B91B23( 635( 2C59CB935( O3B4F15( 4B( H10C15(
J35C<C3B45;(2CJ93B:35;(49<]($6(6C59123(24(J161I015;(2CHC2C215(4B(2C59CB915(<194:30815;(1J104<4(16(OCB16(24(4594(
23<7F4B93](
(
.4B4016F4B94;(61(J0454B91<CGB(54(?1<4(F35901B23(<121(J161I01(4B(7B1(910P491(24(<109GB;(Y74(46(BCZ3(24I4(
6440]('C(63(?1<4(<3004<91F4B94(54(J151(1(61(5C:7C4B94(910P491;(FC4B9015(Y74(5C(<3F494(7B(40030;(46(4H1671230(
2C<4( 61( J161I01( J101( Y74( 46( BCZ3( 61( CFC94]( $6( 2451003663( 24( 61( J074I1( 57464( 540( :01I123;( J101( 1B16C^10(
J35940C30F4B94(615(2COC<7691245(24(?1I61(@(635(53BC235(<3B<04935(4B(635(Y74(54(J0454B91B](
(
(
(
(
(
!
!
@-,%D)!](/(+BAC&)!I%![(#&K!(
$5( 5CFC610( 1( 61( J074I1( 24( &<3591( Y74( 1J104<4( F[5( 1I1P3;( @( J40FC94( 3I540H10( <GF3( 54( 2451003661( 61(
J0327<<CGB(24( 635(2CO404B945(O3B4F15(4B(<1594661B3]($59[(45J4<C16F4B94(2459CB121(1(BCZ35(24(4B904(k(@(g(
1Z35(24(4212]((
(
*1(J074I1(<3B5C594(4B(7B(1B[6C5C5( O3B36G:C<3(1(J109C0(24(kW(J161I015;(Y74( CB<67@4B( 93235( 635( O3B4F15(246(
<1594661B3]($5915(J161I015(53B(615(5C:7C4B945_((
(
d] 'C661(
W] >101(
k] .3003(
`] +1FI30(
e] "3P3(
b] 9045(
g] L64<?1(
c] >?1Y7491(
j] %10<3(
dX] ,C4B94(
dd] $5J1621(
dW] %7O1B21(
dk] /CZ3(
d`] M1IGB(
de] +1^1(
db] >C463(
dg] *[JC^(
dc] L74:3(
dj] >0C5916(
WX] !C4201(
Wd] >6154(
WW] !61B<?1(
Wk] *CI03(
W`] .63I3(
We] %61B<3(
Wb] L0791(
Wg] $5904661(
Wc] %3653(
Wj] /4:03(
kX] =35<1(
kd] !4CB4(
kW] &793IN5](
(
*1(1J6C<1<CGB(24( 61(J074I1(<3B591(24(235(F3F4B935](!0CF403;(54(F745901B( 6[FCB15(24(2CI7P35(4B(
Y74(54(H4B(CF[:4B45(@(1<<C3B45(Y74(CB<67@4B(615(J161I015E3IP49CH3](o(4B(54:7B23(67:10;(54(J0454B91B(93215(
615(J161I015(@(46(BCZ3(24I4(04J49C0615(J30( CFC91<CGB]($B( 635(235(<1535;(54(<3B91IC6C^1(46(BNF403(24(4003045(
<3F49C235(@(635(O3B4F15(J03I64F[9C<35](
(
(
5C#')I(!](/(+BAC&(!I%!^,C+C#!(
-901(J074I1(O3B36G:C<1(45(61(661F121(J074I1(24(2C5<0CFCB1<CGB(O3BQ9C<1(24(T7C6C5;(Y74(<3B5C594(4B(7B(6C59123(
24(J161I015(Y74(H16301(91B93(61(<3FJ04B5CGB(<3F3(61(J0327<<CGB(R04J49C<CGBS(24(3J35C<C3B45(O3B36G:C<15;(@(
Y74(0457691(45J4<C16F4B94(N9C6(J101(F42C0(61(2C5<0CFCB1<CGB(172C9CH1(24(O3B4F15](!04<C51F4B94;(615(J161I015(
459[B(3024B1215(4B(O7B<CGB(24(61(3J35C<CGB(O3BQ9C<1(Y74(FC24B]((
((
*1(1J6C<1<CGB(54(0416C^1(J0454B91B23(615(J161I015(16(BCZ3(J101(Y74(615(J03B7B<C4;(3(64@QB2354615(J101(F42C0(
57(J40<4J<CGB]($B(46(J0CF40(<153;( 64(4B904:104F35(910P4915(<3B(615(J161I015(@(3I540H104F35(57(045J74591;(
FC4B9015(Y74(4B(46(54:7B23(<153;(540[(46(BCZ3(Y7CQB(CB2C<10[(<3B(7B(:4593(<7[B23(J40<CI4(7B(53BC23(@(<3B(
3903(:4593(<7[B23(B3(63(?1<4]((
(
(
_2!@<63[">!:3!4=7"[65"<.=!(
O%#'!I%!*(&)D,+)-C(!@%)D(IH!!=C24(46(H3<1I7610C3(24(635(BCZ35;(45J4<C16F4B94(4B(575(15J4<935(<3FJ04B5CH35]($59[(2C54Z123(J101(BCZ35(@(
1276935(1(J109C0(24(W(1Z35(@(F42C3p(61(1J6C<1<CGB(45(CB2CHC2716;(@(3<7J1(4B904(dX(@(WX(FCB7935](
(
$6( !41I32@( <3B9C4B4( djW( 6[FCB15( <3B( <71903( 2CI7P35( <121( 7B1( 4B( 615( Y74( 46( 57P493( 24I4( CB2C<10( Y7Q(
C675901<CGB( 04J0454B91( F4P30( 46( 5C:BCOC<123( 24( 7B1( J161I01( 2121( J30( 46( 4K1FCB1230( R45( 24<C0;( Y74( 61(
045J74591(536C<C9121(45( 61(24(54Z1610;(B7B<1(61(24(B3FI010S](&(J109C0(24( 615(045J745915(24(635(57P4935(1( 615(
2C59CB915( 6[FCB15;( 54( 3I9C4B4( 7B1( F42C<CGB( 246( H3<1I7610C3( <3FJ04B5CH3( 24( 61( J4053B1;( 158( <3F3( 7B1(
<3FJ101<CGB(<3B(46(24(61(J3I61<CGB(:4B4016](
(
(
(
(
!
!
O%#'!I%!*(&)D,+)-C(!I%![(#'(/!!$5(7B1(J074I1(2C54Z121(J101(F42C0(46(H3<1I7610C3;(17BY74(1(2CO404B<C1(246(!41I32@(Q594(54(<4B901(4B(635(
15J4<935(24B3FCB19CH35]($5(1J03JC121(J101(BCZ35(@(1276935(1(J109C0(24(e(1Z35;(61(1J6C<1<CGB(45(CB2CHC2716;(@(
57(2701<CGB(24J4B24(24(61(4212(24(61(J4053B1](
(
$6( 9459( 24( %3593B( <3B5C594( 4B( bX( CF[:4B45;( 3024B1215( 24( F4B30( 1( F1@30( 2COC<76912;( Y74( 635( 57P4935(
4H1671235(24I4B(B3FI010(R45(24<C0;(Y74(61(045J74591(536C<C9121(45(61(24(24B3FCB10(H40I16F4B94S](&(J109C0(
24(615(045J745915(24(635(57P4935(1( 615(2C59CB915(540C45;(54(3I9C4B4(7B1(F42C<CGB(246(H3<1I7610C3(J0327<9CH3(
24(61(J4053B1;(158(<3F3(7B1(<3FJ101<CGB(<3B(46(24(61(J3I61<CGB(:4B4016](
(
(
(
U2DC+CI)I%#!@#C&(+C/Ab?#'C&)#!L.O@"M!!$5(7B1(J074I1(F7@(<3B3<C21(Y74(5C0H4(J101(24940FCB10(615(?1IC6C21245(6CB:\859C<15(:4B401645(24(635(BCZ35;(
158( <3F3(J101(4591I64<40( 57(BCH46(24(12Y7C5C<CGB(246( 64B:71P4]($6( A+!&(45(1J03JC123(J101(BCZ35(24(e(1(dX(
1Z35;(@(61(1J6C<1<CGB(45(CB2CHC2716(3<7J1B23(4B904(`e(@(bX(FCB7935](
(
$6(CB5907F4B93(CB<67@4(235(45<1615;(7B1(24(64B:71P4(?1I6123(@(3901(24(64B:71P4(45<0C93](*15(J074I15(Y74(615(
<3FJ3B4B(53B(615(5C:7C4B945_(
(
&5 #$%&'&(6*('*073&8*(9&,'&6:-(
• &B163:815_(46(4H1671230(<74B91(7B1(1B163:81(24(<71903(464F4B935;(4B(61(Y74(O1691(61(N69CF1(
J1094]( $6( BCZ3( 24I4( 24<C0( 451( J1094( Y74( O1691]( !30( 4P4FJ63;( 4B( 045J74591( 1( m*35( J[P1035(
H7461B(@(635(J4<45]]]n(24I4081(24<C0(mB121Bn](
• )3<1I7610C3_(46(4H1671230(H40I16C^1(7B1(J161I01(Y74(45(7B(190CI793(24(16:NB(B3FI04](!30(
4P4FJ63;(J7424(24<C0(m$593@(J4B51B23(4B(16:3(Y74(9C4B4(94P123n(@(46(BCZ3(24I4081(54Z1610(
m7B1(<151n](
• >C4004(F30O36G:C<3_(46(4K1FCB1230(J0454B91(7B1( O0154(4B( 61(Y74( O1691( 61(N69CF1(J1094](!30(
4P4FJ63;(J32081(24<C0(m.01B24;(F[5(:01B24]]]n(@(46(BCZ3(24I4081(<3FJ64910(61(O0154(<3B(m*3(
F[5(:01B24n](
• L01545(5CB9[<9C<15_(46(4K1FCB1230(H40I16C^1(7B1(O0154(Y74(45(5CB9[B9C<1F4B94(<3004<91(J403(
Y74( B3( 9C4B4( 54B9C23( 24524( 46( J7B93( 24( HC591( 54F[B9C<3;( <3F3( m*15( O63045( 03P15( 53B(
CB946C:4B945n]($6(BCZ3(24I4(04J49C061](
• $6CFCB1<CGB( 24( 53BC235_( 46( 4H1671230( 64( JC24( 16( BCZ3( Y74( 46CFCB4( 5861I15( @( O3B4F15( 24(
J161I015]( !30( 4P4FJ63;( J7424( CB2C<1064( Y74( 2C:1( 61( J161I01( mJ101<?3Y745n( 5CB( 61( 5861I1(
m<?3n](
!
!
• '4<74B<C15( 089FC<15_( 46( 4H1671230( J0454B91( 7B1( 540C4( 24( 464F4B935( Y74( 0CF1B( 4B904( 58;( @(
Y74(54(H1B(CB<04F4B91B23(4B(63B:C972;(<3F3(mF1n;(mF1F[n;(mFC(F1F[n(@(mFC(F1F[(F4(
FCF1n]($6(BCZ3(24I4(04J49C061](
(
,5 #$%&'&(6*('*073&8*(*$%+14:-(
• '4<74B<C1<CGB( 24( O01545_( 46( BCZ3( 644( 7B1( 540C4( 24( O01545( @( 615( 3024B1( 4B( 7B1( 54<74B<C1(
1J03JC121](!30(4P4FJ63;(5C(615(O01545(O7401B(&]()3@(1(61(45<7461;(%](=4(64H1B93(@(>](=4(HC593;(
61(54<74B<C1(54081(%;(>(@(&](
• )3<1I7610C3(45<0C93_('4(J0454B91(7B(12P49CH3(45<0C93( RJ30(4P4FJ63;(m#B(qqqqqq(0393nS(@(46(
BCZ3(45<0CI4(7B(57591B9CH3(Y74(<3B<74024(R<3F3(m45J4P3n(3(m<3<?4nS](
• ,4<32COC<1<CGB( 24( 5C:B35_( 46( BCZ3( J03B7B<C1( 7B1( 6C591( 45<0C91( 24( J161I015( Y74( <3B9C4B4B(
J10945(C004:761045](
• ,4<32COC<1<CGB(24(53BC235_(46(BCZ3(644(4B(H3^(1691(635(B3FI045(24(<0C197015(CF1:CB10C15(RJ30(
4P4FJ63(L61B9(@(o1B:S](
• ,4649043(24(5C:B35_(46(4H1671230(644(7B1(6C591(24(J161I015;(@(J0454B91(16(BCZ3(7B1(?3P1(4B(61(
Y74( 459[B( CFJ04535( 635( <3FC4B^35( @( OCB1645( 24( 4515( J161I015]( $6( BCZ3( 24I4( 45<0CIC0( 635(
O3B4F15(Y74(O1691B](!30(4P4FJ63;(46(4H1671230(2C<4(m<1FC51n;(J0454B91(m<qqqqq1n(@(46(BCZ3(
24I4(1Z12C0(m1FC5n](
• ,4649043( 24( 53BC235_( 46( 4H1671230( 644( 4B( H3^( 1691( J161I015( CBH4B91215( J403( Y74( 53B(
O3BQ9C<1F4B94(<3004<915;(@(46(BCZ3(24I4(45<0CIC0615]((
(
#B1( H4^( J151215( 615( 2C59CB915( J074I15;( 54( 3I9C4B4B( J7B971<C3B45( J101( <121( 7B1( 24( 46615( Y74(
J35940C30F4B94(54(<3BHC4094B(4B(J40<4B9C645](&58(54(3I9C4B4(7B1(J7B971<CGB(:63I16(J101(<121(45<161;(@(7B1(
J7B971<CGB( :63I16( Y74( 674:3( 54( <3BHC4094( 4B( 7B1( 4212( 1J03KCF121( 24( 2451003663( 54:NB( <0C940C35(
B30F16C^1235](
(
(
7,%#'C(/)-C(!:%!"/c+C#C#!:%!<%'-)#(!:%+!5%/A,)G%!L"-%+M!(
$5(7B(CB5907F4B93(2C0C:C23(1(BCZ35(24(4B904(k(@(b(1Z35;(24(1J6C<1<CGB(CB2CHC2716;(@(2C54Z123(45J4<8OC<1F4B94(
4B(45J1Z36(@(<1916[B(J101(61(4H1671<CGB(24(04901535(4B(46(64B:71P4(@(246(+$*](>3B591(24(7B(<3BP7B93(24(9045(
J0393<3635(J101(61(4H1671<CGB(246(64B:71P4(4B(7B(<3B94K93(45J3B9[B43_(
(
• !0393<363( J101( 61( 4H1671<CGB( 246( 0490153( 246( 64B:71P4_( J101( 0416C^10( 7B1( 4H1671<CGB( 0[JC21( 4B( 61(
J3I61<CGB(:4B4016](
• !0393<363(24(H16301<C3B45(<3FJ64F4B910C15_(J101(4H16710(O1<93045(<3B<3FC91B945](
• !0393<363(24(461I301<CGB(246(J40OC6(246(64B:71P4_(J40FC94(04J0454B910(635(0457691235(3I94BC235(24(61(
1J6C<1<CGB(246(CB5907F4B93(J101(4591I64<40(635(3IP49CH35(24(61(CB940H4B<CGB](
(
#B1(H4^(1J6C<123(46(CB5907F4B93;(45(J35CI64(24940FCB10(46(BCH46(246(BCZ3(4B(<3F7BC<1<CGB;(<3FJ04B5CGB(246(
64B:71P4(@(J0327<<CGB(246(64B:71P4(RO3BQ9C<1(@(O3B363:81;(6QKC<3;(F30O363:81(@(5CB91KC5S]((
(
(
@-,%D)!:%!5%/A,)G%!=-)+!:%!9)*)--)!L@+(/R<M!(
$5(7B(9459(Y74(5C0H4(J101(4H1671<CGB(0[JC21(R5<044BCB:S(246(2451003663(246(64B:71P4(3016;(@1(Y74(1J4B15(664H1(
4B904(dXEde(FCB7935]('7(1J6C<1<CGB(45(CB2CHC2716(@(459[(CB2C<121(J101(BCZ35(`(1(b(1Z35](&(901HQ5(24(2C59CB915(
J074I15;(46(!*-/E"(4H16N1(46(<3B94BC23;( 61(O30F1(@(46(753(246( 64B:71P4;(79C6C^1B23(F1940C1645(121J91235(1(
<121( :07J3( 24( 4212]( !30( 4P4FJ63;( 4B( 7B1( 24( 615( J074I15( 46( BCZ3( 24I4( B3FI010( 2CH40535( 3IP4935(
J0454B91235( 4B( 7B( <71240BC663( 24( CF[:4B45;( 4B( 3901( 54( 64( JC24( Y74( 04JC91( O01545( J03B7B<C1215( J30( 46(
4H1671230;( @(4B(3901( 54(J0454B91B(7B1( 540C4(24( 6[FCB15(24(2CI7P35;(24(F1B401(Y74(4B(7B15(3<15C3B45(46(
BCZ3(24I4(54Z1610(46(3IP493(Y74(46(4H1671230(2C<4;(@(4B(39015(24I4(B3FI010(46(Y74(54(64(54Z161]((
(
!
!
(
:%#)--(++(!I%!+)!J(-](#C/')dC#!%/!%+!/CQ(!LO>"M!(
$5(7B1(J074I1(2C0C:1(1(BCZ35(24(kEg(1Z35(Y74(FC24(61(<3FJ04B5CGB(@(4KJ045CGB(24(635(15J4<935(246(BCH46(
F30O35CB9[<9C<3(246(64B:71P4]('7(1J6C<1<CGB(45(F7@(<GF321;(@1(Y74(54(4FJ641(7B(6CI03(<3B(6[FCB15(Y74(
<3B9C4B4(93235(635(F1940C1645(B4<4510C35](
(
(
@-,%D)!I%!>)I%eRfK)+C+!(
&7BY74( 30C:CB16F4B94( 54( 2C54ZG( J101( 61( 64B:71( CB:6451;( 4KC594( 7B1( 90127<<CGB( 121J9121( 16( 45J1Z36]( '7(
79C6C^1<CGB( 45( 124<7121( J101( BCZ35( 1( J109C0( 24( 635( bEg( 1Z35( <3B( 7B1( F8BCF1( <1J1<C212( 64<9301;( @( 45(
<3FJ64F4B9123(J30(7B(4H1671230(127693]($6(9459(459[(<3FJ74593(J30(23<4(J074I15(2C59CB915;(<121(7B1(24(
615(<71645(4KJ6301(7B(15J4<93(J109C<7610(246(753(246(64B:71P4_(
(
!074I1(A_(B3FI04(@(H40I35](
!074I1(AA_(1098<7635(@(J03B3FI045](
!074I1(AAA_(<3B9010C35](
!074I1(A)_(3J401<C3B45(10C9FQ9C<15](
!074I1()_(2CI7P3(@(4KJ045CGB](
!074I1( )A_( CB94003:1<CGB( @( J161I015(
CB24OCBC215](
!074I1()AA_(9C4FJ35(24(635(H40I35](
!074I1( )AAA_( 3024B( <03B36G:C<3( @( 24(
4B7B<C1235](
!074I1( Ar_( 5C:BCOC<1<CGB( @( 753( 24(
J04J35C<C3B45](
!074I1( r_( <3BP7B<C3B45;( 04590C<<C3B45( @(
B3FI045](
!074I1(rA_(753(24(J03B3FI045](
!074I1(rAA_(459C63(2C04<93(4(CB2C04<93](
(
,4B903(24(<121(7B1(24(45915(J074I15;(635(BCZ35(24I4B(J3B40(4B(P74:3(93215(575(?1IC6C21245(6CB:\859C<15(24(
F1B401( 5CF769[B41_( <3FJ04B5CGB;( J0327<<CGB;( 5CB91KC5;( F30O363:81;( 49<]( !30( 91B93;( Q594( B3( 45( 7B(
CB5907F4B93(Y74(FC21(46(2451003663(24(<121(7B3(24(635(BCH4645(246(64B:71P4(24(F1B401(54J10121;(5CB3(Y74(
F[5(IC4B(FC24(46(2451003663(:63I16(24(4591(<1J1<C212](
(
,4IC23(1(Y74(615(J074I15(4H16N1B(46(64B:71P4(24(7B1(F1B401(1FJ6C1;(J35940C30F4B94(24I40[(4K1FCB1054(4B(
Y7Q(15J4<935(246( 64B:71P4( 54(4B<74B901B( 615(F1@3045(2COC<7691245(@;( 124F[5;( 1Y746615(?1IC6C21245(Y74(46(
BCZ3( 23FCB4( 5CB( J03I64F15]( $594( 9CJ3( 24( 4H1671<CGB( 1IC4091( J7424( 04576910( F[5( <3FJ6C<121( Y74( 61(
4FJ64121(4B(635(9459(9012C<C3B1645;(4B(635(Y74(54(<3B91IC6C^1B(B7FQ0C<1F4B94(635(4003045(J101(3I94B40(7B(
H1630(3IP49CH3(OCB16(Y74(04O64P1081(46(BCH46(24(<3FJ494B<C1(246(57P493](!403(1(<1FIC3;(3O04<4(7B35(0457691235(
F7<?3(F[5(5C:BCOC<19CH35(@(0C<35(@1(Y74(F745901B;(24(F1B401(4KJ68<C91;(635(15J4<935(6CB:\859C<35(Y74(46(BCZ3(
23FCB1( @( 635( Y74( B3;( O1<C6C91B23( J30( 91B93( 61( 4H1671<CGB( 246( 64B:71P4( R@( 61( J35CI64( CB940H4B<CGB( 53I04( 46(
FC5F3S](
(
(
T2!@<63[">!:3!537O=3>7<.O6<"!(
O%#'!:%!"/c+C#C#!:%!5%&'(%#&-C',-)!LO)+%RNVVVM!!$594(CB5907F4B93(<3B5C594(4B(7B1(540C4(24(J074I15(Y74(FC24B(2C59CB915(?1IC6C21245(24(64<9701(@(45<0C9701;(
24(O30F1(Y74(57(79C6C^1<CGB(45(124<7121(J101(<716Y7C40(BCZ3(4B(7B(F3F4B93(2123(246(J03<453(24(
12Y7C5C<CGB(24(91645(<3B27<915;(17BY74(4B(:4B4016(54(1J6C<1(4B904(635(e(@(635(d`(1Z35](
(
$6(+&*$(459[(2CHC2C23(4B(235(J074I15(O7B21F4B91645_(64<9701(@(45<0C9701]('CB(4FI10:3;(24B903(24(<121(7B1(
24(46615(54(2C59CB:74B(H10C35(57I9459_(64<9701(24(649015;(5861I15;(J161I015(@(94K935;(@(<3JC1;(2C<9123(@(45<0C9701(
45J3B9[B41]($B(<121(57I9459(54(J0454B91(7B1(540C4(24(6[FCB15(16(BCZ3;(Y74(24I4(6440(3(45<0CIC0(45935(
F1940C1645(5C:7C4B23(615(CB5907<<C3B45(J03J30<C3B1215](
(
